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<jun
moooiOAi. H*wa
•nonial libra**
1 1?!\
way. of jsica.
MONDAY
Financial
Reg. U. S. Pat. Office
Number 4393
161
Volume
New
General
RAILROAD
INDUSTRIAL
-
INSURANCE
-
Ended March 31—
protit alter charges and taxes
per share
,!
$771,383
$0.87
Federal income and
charges.
♦After
lenegotiation.
contingencies
and
stock.—V.
161, P-
Alabama
1944
1945
Earnings
$761,932
t$0.86
profits taxes, reserve lor
849,958 shares of common
excess
tOn
1989.
Air
Abraham & Straus,
Inc.—Earnings—
1945—6 Mos.—1944
1945—12 Mos.—1944
$21,797,768 $18,514,953 $38,210,008 $33,049,592
Profit (bef. Fed. taxes)
2,398,798
1,635,935
3,581,180
2,703.384
Federal taxes on income
1,730.000
1,085,000
2,500,000
1,650,000
sales
-
profit
Net
$668,793
$4.02
share-
♦Earns, per com.
$550,935
$3.26
ations of the company.
Mr, MacGrath was previously
$6.38
$6.21
$3,311,994
$3,108,716
profits
Patents,
developm't &
engineering,
includ'g
$4,832,737
324,549
145,207
599,440
Net
$129,393
'On
t$27,448
Nil
j$0.17
share
per
358,826
shares
of
common
stock.
tOn
tLoss.
351,000
shares.
—V, 160, p. 1073.
experTse
Net loss bef. deprec.
304,915
511,364
92,451
99,515
13,145
6,488
16,884
7,634
Stock
New
York
Stock
New
York
$2,403,444
$4,037,445
$3,612,598
(Bonds)
_2572
Curb
Exchange
2576
Stock Exchange
Net
profit
Reserve
$825,871
$822,953
—
Exchange
$1,108,108
$1,230,560
exchange
profit for period-
Earnings
share-
per
Note—Profits
of
for
renegotiation
ject
to
ended
any
$822,604
-.$1.09
$827,002
$1.09
ended
year
and
so
far as we
the current nine months
1945, do not appear to be excessive and subject to any
refund under the Renegotiation Act.
'
refund.
Likewise,
profits
for
April 30.
substantial
the current
adjustments made in April, propor¬
tionately applicable to the two previous quarters, for readjustment in
cost of sales*
and Federal tax provision as a result of recent U. S.
Tax Court decision with respect to onr prior years' taxes; which now
permits us to
use
increased
base period
credit for computation of
excess
profits taxes and additional amortization on patents."—V. 161,
p. 1193.
;
V
Joseph
third
E.
Rogers,
quarter
President,
profit
net
states:
"Improvement
Aero Supply Mfg. Co.,
1945
salts
♦Net.
No.
profit
55,504
100,458
414,561
$0.12
414,561
$0.23
•
B share
160, p.
The
the
plan is
1943
one
the
of
amendments
mitting the issuance of
tion
on
The
firms
behalf
plan
new
and
of
their
ended
contracts
which has been written under
insurance law per¬
master
policy to trustees of a
trade associa¬
personnel.
Federal
"non-contributory," meaning that the member
partners will pay all premiums for their employees.
is
are
of
$1,500
less than $1,500 a year
insured
and
will get life insurance in
between
partners who foot the bill get
$10,000 protection.
Limited partners are not eligible to participate on
the
theory that they do not spend all of their time in the business.
Sponsors of the plan believe that several thousand financial em¬
ployees throughout the country will avail themselves of the benefits of
for
the plan,—V.
$5,000,
161,
p.
for
2590
Rates.
while
general
561.
Gross
Int.
Net
.
161,
13,218,821
721,406
11,681,836
280,845
273,600
3,312,180
3,219,200
994,01?
8,633,927
8,955,879
$592,788
$620,018
$7,028,727
$7,496,725
249,291
258,051
3,098,274
3,198,542
$343,497
_
pfd.
$361,967
$3,930,453
$4,298,183
189,082
189,082
2,268.986
2,268,986
stk._
$154,415
p.
1945—12 Mos.—1944
$2,009,037 $32,193,655 $31,353,640
903,247
deduct.-
Balance
—V.
901,949
taxes-—
income
on
15%
assets
that
out
Aldrcd
of
Investment
has
income
no
Holdings in International
the market value
of
of
$1,661,467
$172,885
$2,029,197
ELECTRONICS
Power Securities
■
—V.
excess
it was stated.—
-
,<■
(& Subs.)—Earnings
shares......
share
1943
1944
1945
profits taxes
...
per
•
$3,033,853
1,860,894
$6,277,959
4,450,211
$7,243,213
5,815,664
$1,172,959
800,5R9
$1,827,748
$1,427,549
800,589
800.675
$1.46
$2.28
$1.78
.i..
160, p. 2393.
Allied Stores Corp.—To Sell Real Estate—
stockholders on May
29 voted approval of the sale of most
the company's real estate and the accompanying lease of the prop¬
The
of
for
erties
The
real
period,
GO-year
a
previously had arranged the sale for $16,150,000 Of
buildings and equipment to a subsidiary of Union College,
company
estate
Slightly less than $4,000,000 in land and buildings
books after conclusion of the sale.
the property are to be liquidated at or before
the time ol sale, Allied will realize net proceeds from the sale of ap¬
proximately $8,000,000, which will be added to working capital.—V. 161,
Schenectady, N. Y.
will
remain
As
the
on
mortgages
2325.
company's
on
i
RR.—Trustee Notes—
ICC
authorized
30
May
on
the
company
to
Issue
at
par
Municipal Bonds
the
$314,000
principal
Altoona
Valley Electric Ry.—Calls Bonds—
& Logan
outstanding first lien
the
of
All
Jan.
1,
and
interest.
will
Payment
and collateral trust 4%
bonds, duo
for redemption on July 1, next, at 100
be made at the Fidelity-Philadelphia
called
been
have
1954,
trustee, 135 So. Broad St., Philadelphia,
Pa.—V. 151, p. 3736.
American Airlines, Inc.—Earnings—^.
Operating
after
Net
Federal
Based
$7,454,864
$6,973,648
1,017,796
1,959,772
645,000
420,000
820,000
$980,642
$597,796
$1,139,772
1,290,568
574,848
574,848
tax-.*-.
Income
profit
first
the
shares—
-
$0.76
*$0.95
*$1.89
on preferred stock then outstanding.
of shares outstanding at March 31, 1945, net
share
requirements
per
dividend
on
for
..j.-.w.*—.
—
common
for
1943
1944
1945
—-—$9,951,769
deprec., obsolescence, etc.
1,625,642
revenues
the
number
1944 would be equal to 46 cents a share and
would be equal to 88 cents a share.
quarter of
that no provision was made for Federal excess
profit taxes for three months ended March 31, 1945, as such provi¬
sion is not considered necessary, based on company's earnings for the
The
period.
tion
of
report
states
"However," the report continues, "the ultimate determina¬
company's excess profit tax liability, if any, for 1945 is pri¬
dependent upon earnings for the last nine months of the year.
the event the company's earnings for the latter period should be
marily
In
sufficiently
the
of
portion
the
year
high to subject it to excess profits tax for the year 1945,
of such tax applicable to earnings for first three months
would reduce earnings for such period to approximately
BLOCKS of SECURITIES
which
Kobbe, Gearhart & Company
are
not
readily marketable.
INQUIRIES INVITED
INCORPORATED
Company
Members
Established 1922
30 BROAD STREET
Telephone:
HAnover 2-2600
45
NEW YORK 4, N. Y.
Bell Teletype: NY
1-573
New
York Security Dealers Association
NASSAU
STREET, NEW YORK 5
Telephone
Enterprise 6015
Bell Teletype
Philadelphia Telephone
REctor 2-3600
/
New York 1-57®
that
first quarter
1943
Banks, Corporations and Individuals have found
an effective market place for large or small
INDUSTRIALS
&
not
of promissory notes, consisting of five notes in
amount of $62,800 each, In further evidence of, but
not
in
payment of, the unpaid portion of the cost of certain equip¬
ment purchased under a conditional-sale agreement.—V. 161, p. 2437.
exceeding
us
RAILS
qAllen
which
assets of the Trust,
1873.
SPECIALIST IN
DEPARTMENT
Trust.
received
been
investments of
30, 1945, will be sent out in July,
June
capital
"After
1945—Month—1944
30—-
depreciation-
Dividends
of
value
profit
of
Earnings
Co.—Earnings—
expenses
other
received
was
holdings
from
Quarter End. Mar. 31—
2590
System
FLORIDA & NEW JERSEY
MUNICIPAL
Net
Trust Co.,
Federal
2590
income
and
the pay¬
approved
income
no
receivers
charges
Earnings
2590
$2,678,829
for
that
mortgages on public utilities in Italy.
However, now
Europe is over, receivers hope that interest payments
income and
No.
Statement of Member Banks of
revenue
additional
making
Those
coverage.
2589
..2591
Banks
Reserve
after
The
Sales
Period End. Apr.
Provision
period
pointed
Allied Mills, Inc.
Number
Prov.
earnings
2590
Clearings
Declared and Payable
Alabama Power
Operating
has
•>
bondholders
permit.
to
pay
as
15.
12 Months Ended March 31—
Net
Gross
accidental death and dismember¬
$1,500 and $3,000 receive
corresponding insurance of $3,000; and those making more than $3,000
amount
ment
of Bank
Exchange
Condition
Auction
Boston
at
'
to
soon
as
informed
1533.
Alton
l
Course
Reserve
for the
the New
New York State group
membership
All employees
making
an
first
a
2571
been
the
to
Exchange...2571
Combined Condition Statement of
issued to individual firms and their
employees to participate in the plan, which provides group life insur¬
ance protection,
including accidental death and dismemberment cover¬
age.
The'insurance is available without physical examinations or age
limitations.
;■1
already
Curb
Investment News_2549
City Bond Offerings and Sales—2600
Dividends
Plan—
company
has written
a
group
life insurance plan
partners and employees of concerns which are members of
York Association of Stock Exchange Firms.
have
York
New
Notices
Foreign
The
Invitations
2588
Markets
Redemption Calls and Sinking Fund
1073.
Aetna Life Insurance Co.—New Group
Exchange
General Corporation and
The
intention
time
Court
However,
be resumed.
P.
p.
♦After charges and Federal taxes.
tRevised to reflect the portion of
1944 voluntary price adjustment refunds that were subsequently made
to the U. S. Government that were
applicable to the operations of the
first three months of that year.—V.
Stock
Stock and Bond Averages
State and
also
to about
161,
2583
..2583
Stock Exchange-..
Transactions
109,417
412,461
$0.25
—
per Class
-
Transactions New York Stock Exchange...2571
$5,014,677
this
been
market
the
in
war
V.
Miscellaneous Features
$2,392,951 t$3,900,356
-
of Class B. shares
Earnings
Exchange
Over-thc-Counter
1943
1944
of
receivers
months
Fed.
Inc.—Earnings—
Quarter Ended March 31—
Net
in
includes
six
j A semi-annual report covering operations of the Trust for the six
2583
Stock
Exchange
2584
Pittsburgh Stock Exchange
__._2584
St. Louis Stock Exchange.......
2584
Toronto Stock Exchange
2585
Toronto Stock Exchange—Curb Section...2586
Montreal
Stock Exchange
2586
Montreal Curb Exchange.....
2587
31,'1944, are now in the process
can determine, they will not be sub¬
their
is
at
District
have
months'
six
in time,
may,
Net
Philadelphia
July
it
due
amounting to
securities.
27%
♦imount
2581
a.
Detroit Stock Exchange
$1,106,528
$1.46
$1,235,996
$1.63
the
the
2582
Cleveland
Drl,580
Cr5,436
Dr3,267
Cr4,049
States
holders
principally
2582
Stock
Los Angeles
Net
"
that
holdings of International Power Securities,
that
Chicago Stock Exchange
2,929,337
2,382,038
unrealized
for
foreign
1,955,488
1,580,491
(est.)
the
for
of
Eastern Racing
pointed out that the ban
on
racing has now been lifted and ERA has been granted 54 days
of racing by the Massachusetts Stale Racing Commission.
It is rea¬
sonable, therefore, the receivers state, to expect dividends from ERA
later in the year.
Holders of the Trust in ERA at cost, amount to
Cincinnati
taxes
Trust,
this
of
interest
2581
Stock
Boston
profits
excess
2561
Exchange
receivers
that
is
1945,
interest
interest
during
are
(Stocks)
on
$2,781,359
United
of
from
Exchange
below.—
company)
Interest Payment—
Goode,
F.
4debentures
.
state
of
Debenture
about
Page
New York
profit
Issue
Stock and Bond Quotations
Baltimore
&
This
540,892
74,025
plants-
non-operating
The
ment
The
debenture discount
and
period.
Association
In
Edward
the
31,
May
receivers
balance
the
$61,652
*$0.36
profit after charges
♦Earnings
1943
and
holders of
ended
that
The
1944
(predecessor
being paid at the rate of 1%. This
payment represents approximately all of the net income of the Trust
for
1945
Co,
■'
Proctor
O.
notified
months
Air-Way Electric Appliance Corp.—Earnings—
Quarter Ended March 31—
272,576
68,727
_v~-—
Depreciation
Income
Bendix Aviation
in Teterboro,
Edward
have
$4,958,062
298,851
amortization
Net
the
161, p. 1873.
1945—12 Mos.—1944
1945—9 Mos.—1944
April 30—
oper.
Int.,
with
(& Sub.)—Earnings
Addressograph-Multigraph Corp.
Period End.
'
$1,053,384
connected
Coal
Aldrcd Investment Trust—1%
*
General Manager of the Eclipse-Pioneer Division
as
By-Products Corp.—Partial Redemption—
Consolidated
Pratt
v..128, p. 4323.
Aug. 1, succeeding Harold I. Crow, who has
as
of that date.
Effective immediately, Mr; MacGrath as Executive
Vice-President assumes complete responsibility for directing all oper¬
preferred dividend requirements.—V. 161, p. 201.
♦After
Net
$1,081,180
See
Presi¬
resigned
Executive Vice-President, has been elected
dent, effective
N. J.—V.
Jan. 31—
Period End
Associates, Inc.—New President—
Kenneth MacGrath,
Corp.
Net
MISCELLANEOUS
■
Abbott Laboratories (& Subs.)—Earnings—
3 Months
♦Net
Copy
a
Corporation and Investment News
PUBLIC UTILITY
■
Price 60 Cents
York, N. Y. Monday, June 11, 1945
HILL, THOMPSON & CO.,
120 Broadway,
New York 5, N. Y.
INC.
Monday, June 11, 1945
CHRONICLE
FINANCIAL
THE COMMERCIAL &
2550
(Company Only) Calendar Years
Statement of Income
or
for
snade
Summary of Operations
provision was
43 cents per share of common stock,
No
Federal excess profits tax in the year 1944.
$563,000,
Operating
increase
that costs and expenses applicable to the
company's performance of war contracts are not included in the above
profit, but have been charged directly to the U. S. Government.
Rene¬
gotiation proceedings have been concluded for 1942 and 1943 and no re¬
fund was required and the company .believes that such proceedings
for 1944 and 1945 will likewise result in no refund being required.
:,
report further states
The
President, said that mail revenues were
32 cents per ton mile specified in the
Aeronautics Board to show cause why
Kemp,
N.
A.
of
rate
tentative
the Civil
of
order
ductions
for
computed at
destinations
This
1945
income & excess profits
Earnings
9,000j
L
749,180
and
—V.
,
was due
income
"Federal
75,000
692,644
$0.26
share—
per
"After
j$535,459
692,644
$0.77
outstanding—
of share
Earnings
is
p.
Shoot,
Balance
VYY
Dec.
increased
prime
betterment. -
and
• *
■
States
Consolidated
Other
Operating
including taxes
retirement
Net
appropriations
reserve
of plants
lease
reasons
it is not always
exact alphabetical
to arrange companies in
However, they are always as
possible
order.
position
Other
alphabetical
near
Note
2,049
Cable
Radio
&
Corp.
393, 940,452 393,940,
50 ,000,000
50,000,
—
000,000
34.439
Deferred
721
credit
96,216
1,,625,000
cess
of
516,037,673 520,029,7c
income
Earnings
after
per
160, p.
Co.—Earnings—
<i
charges &
1945
taxes,
1944
1943
$117,869
$1Z3,619
$191,164
$0.41
•
$0 41
$0.83
share,
common
year,
elected
Vice-President
is
1074.
Earnings for Quarter Ended March 31,
Net
Provision
$1554,j5o
for
taxes
and
others, directorships
& Film Corp.
Aviation
the
In
in
Net
The
Light
Traction
&
SEC
June
on
3
Co.—Ordered to
the 30 days in
gave
$1,307,231
11,798
profit
income
$1,319,029
operating
Non-operating
.
Net income
Int.
Provision
of company
income
amendments
bringing
the
plan
for
S.
U.
Fed.
-Shares
of
capital
■Earnings
p.
stock--share
per
—V.
161,
taxes—
profs,
exc.
434,500
$884,529
3,504,856
$0.25
and
Power
of
New
of
stockholders'
the annual
elected at
York,
five
Central
Clinton
and
Electric
States
by
Cash
Corp.,
which
of
to succeed
dent,
"I
1
:
-
■
held
C.
■:Y'-,
June
A. Johnson.—V.
■-Y-'
I
:
7,
Mr.
161, p.
after
Profit
%.';■? Y• Y;■
debtor
a
sub¬
Y
■
•.
Number
of
Earnings
!
$2,290,316
1,504,607
•After
—V.
dividend
161,
p.
$480,993
250,000
250,000
discount
requirements
011
$1.92
$2.70
preferred
stock,
funded
and
then
outstanding.
business
of
the
subsidiaries
surpassed
records, and the majority of the plants operated at or
j.
!
.
i,
;
f
:
v
t-
.
:
••
.
1
■
I
j
j
r
all
near
•
<
'
*■
i
£
of
should be "rio
Madison
prescribed
The
Gas.
by the SEC
stock
with
present
nil of the Detroit Edison
or
balance.
(The
Detroit
would
line
also
most appropriate:
as
cash
stock
proceeds
plus
held
by Amer¬
deposit for the
stock
is
valued at
escrow
an
of
the
American
Detroit
Edison
to
aid
Edison
in
stock
Light's portfolio securities
donate
and
financing an
additional
proceeds,
supply of
to its common stock-
^asis atter selling or -combining minor subsid-
Disposc of Railways' proportionate interest in American Light's subcompanies in Railways'
it now appears that
Since
war
eniergency
undertaken
be
and
in
the
ue
roit
r.f
Edison
the
SEC
stock
is only
the
pipe
it
could
future
line
possible
a
indefinite
said
for
system,
future
business
...
or
built
venture
which
may
.
during
which
never
agree to the retention of the'
connection with its construc¬
not
in
use
be
cannot
new
this stock wouJd provide funds for the retirement
HlieUCau
Preferred stock, the Commission also disapproved1.
ir^0
i4'750,000 bank loan to finance the retirement.
ch'gan
Consolidated
fi!
lino
in
4.482,486
267,357
1.708.951
479,464
1
239.099
6,791,360
581,935
anri
!
under
_IIII
622,766
2.023,633
1,797,520
4,741,213
labor
laws,
em¬
840.509
741,323
106,402
Miscellaneous
Earned
surplus
Dean,
a
partner
J?,lected
of
Sullivan
&
Cromwell,
New
a director to fill the vacancy caused
Kingsmill.—V.
161,
p.
York,
by the
1990.
iqj,,
,
t$289,307
243 600
243,600
-IIIIH
shares
194!
$412
243
1943
i$fP0 fi:>7
capital
$1.19
—-•
$2.59
$1.19
H cnar?es and Federal income taxes. iSubject to renegotia
,
161, p. 562.
61,114.578
5,400,616
Corp.—Earnings
sales
Net
profit after
charges
and
j(J
"""
I
taxes
221.487
50.55'
-VnilIl,Pper|65are °n 400,000 ShaieS of'capitaf'stocklll-
5,324,147
American Power
capital:
Tvr
in
1,625,000
1,126,573
1.047,359
659.732
624.367
Minnesota Power
itsv
524.070
47.602,292
inSnfmll?" JuJle
transflrJinl
,
i
rnmmL
The
.
671,527
51,408,780
&
o nmission
:
Light Co.—SEC Approves
Transfer;
to Increase Investment
Subsidiary by $17,700,000—
Securities—Company
•
1,625,000
Hill
_HIII_
IIIIIIIH
IIIIIII
Phenolic
Ended March 31. 194",
Net
287,521
64.517,301
American
128.070
466,013
contingency reserve—
and insurance
adjustment
Inventory
h
"AS? h01 Share
„
—V.
4,181,237
etc.)
retirement
Casualty
ig81 a 1 °aS Electric Corp'' 01 their interest 111
p
1,403,775
liabilities..-
fixed
negotiations are pending for the sale by Railway*
V&Yti 1
profit
of
reserves:
Special
^
,
6 aPProved the plan of the company to increase
subsidiary, Minnesota Power & Light Co., W
in the amount of $17. <03.064.
the latter securities
.
said
the
plan
is
designed
to
correct,
"an
exisrimt
nbnmeqU^ab^e distj'ibution of voting power" among Minnesota
2 all
t l! is held
stock, In of which increasing the equity represented by the common
securitv
f
Total
'
3.114
809,529
pipe
1,842,505
Statutory and contingency-Other
6,141,483
—nil-
withheld,
deferred
relating to
Property
126.791,787
3,918,431
5.497,375
credits
Reserves
"Net
__II_IIIH
the
from
to construct the
American Meter Co.,
Inc.—Earnings—
No.
1,331.054
■.
liability
—
riPfltW'r.f'u
aeath of Harold
10.391,165
6.077,527
permission
American Metal Co., Ltd.—New Director—
51,268,325
1.985,168
deposits
for
I iH
u-
??•
«,,!
o
Cohunbus
393,940,452
__III_HII
IIIIHIIII
.II-IIIIIIIIII
secure
nfTp,?i,S,EiC Said !' would withhold proposing a plan for the divestment
hLn
\nu ,Soufchei-n Ohio Electric Co. for 90 days since it ha*
4.622
Ill;
(taxes
to
liquMaUon18*11* Consolidated or distributed by American Light.
its
123.781,985
^
payable
accruals
able
approve the pending application to create
crder to establish a "proper applicant" toe Providing the common stock initially issued
Sx-
r«m7naC0rp0Va(
iHhJM
12,934.9^0
is
Commission and other authorities
e
subsidi¬
ployees' superannuation, etc.,.
capacity,
•
expressed by the SEC
^.laiaries immediately and devote proceeds to reducing senior securi¬
ot
ties
51,515.196
taxes
previous 5
<
and
liquidating value with
Consolidated
4,450,000
666,346
:_
interest
Miscellaneous
agricultural ana mineral products, and increased domestic trade in
goods of local manufacture.
These prosperous conditions were re¬
jected in mounting demand for electric power, with the result that
of
Light Co.
that there
company
Calendar Years—
payable
Provision
S.
volume
company
proposal to construct
preferred
or
any
4.973,427
393,940,452
debt
loans
Customers'
562.
Robertson, President, in the annual report for 1944 released
June
1 reports that the year was one of continued progress for the
company.
Business activity in the areas served by the subsidiaries was
maintained at a high level, aided by sustained strong export demand for
par
17,356,416
6,645,552
expenses
surplus)
declared
Miscellaneous
American & Foreign Power Co. Inc.—Annual Report—
the
of
Distribute
.11,143,822
Deferred
W.
and
(debits)
stocks
Accrued
250,000
$2.19
the
a
Gas
were
cf part
at
6,237,993
2,056,344
.2
;
(company)
Accrued
"$715,789
share—.
sale
11,605,528
-315.988
1
stocks
Total
Accounts
$548,000
Milwaukee
i-i°riesrS °U & Pr°
195,784
etc
suspense
stock
Preferred
.
535,236
capital shares-——-—
per
3,700,282
4,201,735
Capital stock (and related
aries, held by public:
1943
$1.014.229
—
the
a $70,000,COG pipe
Hugoton gas fields in Kansas to furnish gas to M'chigart
outstanding
the
Light
Michigan
669,168,820 665,218,194.
728,095.085 722,900,231
Dividends
1944
1.362,026
—
of
$29,000,000).
r
11,659,532
supplies—
debt
Notes
-Y-. ^Y
Milwaukee Gas &
advised
occasioned by
11,250,000
in the United States
abioad
accounts
Common
$1,910,026
charges-
provision—
profit
Retire
from
o
Total
Presi¬
elected
was
1945
the
it
seije 44 communities in Illinois, Iowa and Missouri.
The
$
3,807,783
deposits
Unamortized
Other
Net
:
;
1943
Liabilities-—
Arthur
1194.
SEC's
nfSil!Ce.lthe
demand):
(net)
and
Miscellaneous
American Distilling Co.—Earnings—
6 Months Ended March 31—
'Federal tax
(on
funds,
Prepaid
Capital
meeting
from
may
4,114,451
Sheet, Dec. 31
States
Materials
Harry A. Arthur Becomes President—
directors'
Electric Co. and
when
$7,484,214
5,675,103
U. S. currency 011 deposit
Working
the
is
&
13
Consolidated,
4,761.611
$9,454,401
Foreign currencies on deposit
*
a
Gas
Arthur
a
sidiary.
At
2,016,100
$
bunks
in
United
meeting held
trustee of
American Cities
Austrian,
Mr.
and dissolution
present order followed the tentative views
March
Williams, of Quintcn, Va.
nominated
were
the
1541
a
further delay"
51,273
consolidated
property, franchises, etc.
Investments, at ledger value
York;
New
The
of
summary
Plant,
They were Harry A. Arthur, of New York; Carl J. Austrian,
Robert G. Butcher, of Richmond; Herbert W. Grindal,
5.
June
were
d--3.563.961
—
Assets—
Special
directors
the liquidation
for
with
four-year-old integration or¬
a
days, the Commission said it would pro¬
tion.
•of Trustee of Parent Concern Elected Directors—
Five
to
Consolidated Balance
Light Co.—Five Nominees
&
2,636,624
.
surplus
dividends
Receivables
,
—%
Treasury bills
Other short-term investments——.,
Cities
.
$15,654,986 $14,261,925
including taxes—_
expense.,
carried
Balance
Preferred
1873.
American
(Wis.)
lie
3,040,349
$0.29
,
—
plan
which to amend acceptably
conformity
into
integration order, American Light and its parent,
United Light & Railways
Co.,"were ordered to divest themselves of interest in Detroit Edison
Co., Michigan Consolidated Gas Co., Madison
to
45,877 "
applic. to interest & other deducts. $13,018,362 $12,245,825
to public and amortization of debt dis¬
count
$891,170
—
Under
$15,609,109 $14,210,652
above)
(as
1944
—
&
its own
pose
k*riance
—
Interest
79,898
675,000
______
—
not made within the 30
are
payment
$15,609,109 $14,210,652
:
$1,646,068
—
Income
Net
461,329
•
Balance
(retired in full
debt of subs,
1944)
in
——.
—
long-term
on
——:
(net)
491,631
Power Co., Inc.—
Foreign
&
earned
Net
Cr229,620
38,216
interests
minority
to
Expenses and other charges,
$1,628,820
17,248
——
other than income & excess profs, taxes
Provision for depreciation and amortization—
Amend
%..•'%■%
integration plan.
If
$16,100,740 $14,671,981
equity
Other
514,809
415,578
351,809
351,013
"Taxes,
2,151,126
2,132,355
$16,138,956 $14,442,361
applicable
Amer.
$5,0.72,970
1,810,941
537,286
387,472
404,917
361,910
_—'—
miscellaneous expenses—
and
■General
;
unearned)
or
Total
$5,093,179
2,074,363
——
*—
:
—_
66.20Q
1626.
American
on
equity of Amer.
Foreign Power Co., Inc.,
income of subsidiaries
Net
Home Insurance
v
Statement
revenues...
of operation—,
and repairs
Expenses
Maintenance
_
$88,653
Plan—
The
requiiements ap¬
periods whether
public (full div.
the respective
and the General Aniline
Corp.
Income
Consolidated
—H'
contingencies—-.
income
160. p.
ican
He also holds, among
Mutual Life Insurance Co. of Philadelphia.
'Operating
to
Balance
He is a trustee of the
Washington, D. C.
headquarters in
with
Penn
1944
profit
iollowing steps
the parent concern.
the
of
Secretary
and
2,076,583
2,121,671
Balunce
Portion
the board.
to
Allen
Mr.
public and other deductions.™
'
International Telephone & Telegraph Corp.,
of the
841.519
$20,392,982 $18,679,070
_1
Exchange adjustments on working capital (net)
George E. Allen and Mark A. Sunstrom, were
Mr. Sunstrom Is Vice-President and Comptroller
directors,
new
•
American'LaFrance Foamite Corp.—Earnings
line
stockholders of the
Revenues for the
Mr. Lair reported, ran slightly in ex¬
$5,000,000.
Two
Co..
months of this
three
first
to
divs.
earned
operating revenues of the American Cable & Radio Corp, sys¬
currently are running at about the same level as a year ago, John
Lair, Vice-President and Comptroller, informed
at their annual meeting held on June 5.
W.
36,60
762.
American Hair & Felt
-V.
$18,271,311 $16,593,487
plicable
Gross
tem
income
interest to
Pfd.
.Elects Two New Directors—
company
1,62
37, 378,137
reserve
Quarter Ended March 31—
—V.
2,452,
:
contingency
surplus
161. P.
Net
41,
2, 931,251
Total
-V.
273,
31,457
—
Miscellaneous
Earned
5,000
payable—Subsidiaries
accounts
Special
30,000,
000,000
payable
Accrued
der
765,790
Balance
Earnings Hold—
—
2,709
6,441,040
516,037,673 520.029.7oo
stock
Others
its
(net)
income
Gross
Net
American
—.
543,102
———
——6,366,289
and seek court enforcement.
Y/
?'\Y;Y ; YY-;;
possible.
as
Operating income
31,004
1.457,256
1
,
four-point program for compliance with
mechanical
15,847
3,150,000
8,462
'
•.
charges
Accounts
$19,627,192 $17,828,551
(net)
!2,854,039
219,910
8,600,000
;
Gold debentures, 5% series, due 2030
Notes payable, Elec. Bond & Share Co
$19,646,798 $17,852,726
19,606
24,175
operating revenues
for
8,464,645
_
1943
$77,716,599 $72,414,900
52,030,727 48,568,637
6,039,074
5,993,537
revenues
Operating expenses,
Property
ii
exchange
Liabilities—•
Dec. 31
1944
~
496,077,805
bills—
assets
current
Capital
,
Statement, Years Ended
Income
$
491,833,216
dividends receivable..:
and
Interest
Deferred
1943
(subs., etc.)
currency
Treasury
receivable
Accounts
company's
Subsidiaries—
(Company Only)
ol.
YY:^v'-7;:1944
/Y-
■
Total
present proceedings before
issues involved
are
finally
Rent
NOTE—-For
5,675,103
demand >:
(011
States
United
United
Outlook
the
692,644
$0.34
2»016,100
4.761,611
$
bank?.
in
Net
necessary,
161,
renegotiation.—V.
a
which
of
$235,748
tResults so far indicate that no provision
the report states.
JAfter reserve for
1418.
credits.
post-war
renegotiation
$1,263,748
953,000
75,000
75,000
taxes
profit
Number
for
811,000
$1,064,024
post-war adjustment—
for
Reserve
Net
deprec.
$2,256,459
1,646,000
t$178,024
after
Profit
1943
1944
1945
31—
and amort.—
.
—
Assets—
for the
those
interests are closely interwoven with the industrial
and economic progress which is being achieved by the good neighbor
republics,
To keep'pace with 'the steady, increase in the demand for
electric power resulting from the expansion of local commerce
and
industry, which already has overburdened the facilities of marty of the
operating subsidiaries, further additions and improvements- to existing
plant have become u matter of necessity.
This situation is reflected
in the
1945 construction budgets of the subsidiaries, which forecast
expenditures ot $15,800,000 if the necessary materials and equipment
can
be made available.
This respresents thq,- largest, annual progr/am
undertaken by the company's subsidiaries since 1931.
An encouraging
development in connection with this program has been the easing,
since the termination of war in Europe, of restrictions which previopusly had held ,up the exportation to the operating subsidiaries of
urgently-needed equipment and supplies.
Corp.—Earnings-
American Bosch
Quarter Ended March
is
The
the Ohio
smaller Navy shipbuilding program.
1 '
and to a
Mississippi Rivers
161, p. 1533.
to
Future
and
first quarter of 1945 were
for the first quarter cf 1944.
continuance of the satisfactory trend m operating
than
higher
6% )
due
expansion
$0.79
.
—
_l___—
Foreign currency at current rate of
the SEC are concluded and the
various
resolved,, the company will be
handicapped in developing its long-range financial plans for system
$235,912
The reduction in earnings during the first quarter of 1945
to delays in transportation caused by the severe floods on
Trends
subsidiaries
of
revenues
(or
was
Until
140,200)
—$33,005
share—-———
$0.12
.
common
per
$985,092
taxes——
contingencies
for
income
Net
1944
$182,205
contingencies.—.
$6,453,108
4.114,451
; v •:
..
importance to the company that the simplification
of its corporate structure,
as proposed in the plan of reorganization
filed with the SEC on Oct. 26, 1944, be achieved as soon as possible.
-Earnings—
(& Subs.)
American Barge Line Co.
Quarter Ended March 31—
income before taxes and
y
.
;.
have
$1,647,000.
Operating expenses also in¬
creased and were. $1,254,000 higher
than those tfor Ytjie first three
months of 1944, due largely to the increased cost oi fuel in Argentina
and to generally higher expenses for wages and taxes in other areas.
161, p. 2213,
the Atlantic.—V.
across
.Net
Provision
net
revenues,
It
Federal
costs
Current
The
than 1,717,000 miles and
more
r.
continued to rise in practically every country in
which the subsidiaries operate, and are reflected in increased expenses.
However/ increased business and economies effected by the System made
it possible to maintain
the ratio of operating expenses, to revenues
at 67%, the same as for 1943.
brought its
grand total to well over 40,500,000 miles flown since April, 1942, when
American began operations for the ATC.
Last month the line set a
new
record when there were 231 departures out of La Guardia Field
for
the
$393,000
the airline flew
May
$6,587,597
surplus.——,
dividends
Preferred
Cash
to
Living
from Europe.
In
$13,230,8lq
Balance,
aggregating approximately $1,300,000, oeing
in Cuba and Panama. The decreases were
reductions in ocean freight rates and war risk insurance ana,
case
of Cuba,
to reconversion of some boilers from coa* to
512^
$12,788,182
Expenses and other charges, including taxes__
2,636,624
Interest and amortization of debt discount and
expense
—
3,563,961
control of the Japanese.
properties are still under the
'
-1
Total
Investment securities and advances
in
after an uneventful flight
landed at La Guardia Field
C-54
unina,
$13 170V,e
45,877
—
—
due to
oil-burning.
port Command, has just completed its 7,000th crossing of the Atlantic,
ft was announced on June 1.
The milestone in the line's 37 months
of service with
the ATC was reached on May 31, when a big fourongined
in Shanghai.
104"?
$12,742,305
income
due
the Army Air Trans¬
operating under contract to
company
Other
subsidiaries
from
Income
Brazil, Chile and Mexico,
nearly offset by decreases
7,000th Atlantic Crossing—
corporation,
the
of
subsidiaries
the
one-half of the increase in subsidiaries' operating expenses
higher salaries, wages and related expenses, while approxi¬
mately one-fifth of the increase was accounted for by higher taxes.
Over-all fuel costs Increased by only $267,000; increases in Argentina;
at a new high level, with revenue
passenger miles totaling 157,472,363, a 54% increase over the like 1944
quarter.
Expenses in the first quarter declined to 82.4 cents a revenue
plane mile from 97.2 cents in the first quarter of 1944.-
This
$9,454,401
has_ been
its subsidiaries after interest charges was
compared with $7,484,214 for 1943.
No income
for
t.u
tne
Nearly
was
quarter operations were
first
$19,646,798, an improvement of $1,794,072, or
The balance of consolidated income ot
and
1944,
whose
1944
results.
1943
included
Jan. 1, 1945,
rate of mail
,
or
$58,069,801
were
the
company
compensation should not be reduced from 60 cents to that figure. He
said, however, that passenger revenues in the first quarter did not re¬
flect the full effect of passenger fare reduction which became effective
on March
10 and May 1.
' /
.
:'
The
of
revenues
over
$5,301,699,
'
>
,
the subsidiaries were $77,716,599 in 1944, an
7.3% over 1943, and operating revenue de¬
were up $3,507,627, or 6.4% . ^Net opeiating
of
revenue
of
-y.
728,095,085 722,900,231
e
by American.
plan al^° is designed to facilitate
compliance by
Minnesota witn
V/.
Number 4393
Volume 161
THE COMMERCIAL &
FINANCIAL CHRONICLE
of the Federal Power Commission directing Minnesota to
Eliminate certain intlationary items from its property accounts.
There are outstanding in the hands of the public 78,929 shares of
<*<;
and 70 111 shares of $6 prefeired stocks.
.''The plan'also provides for the conversion of the outstanding $6 ancl
■r-.f,
preferred stock of Minnesota held by the public, share for share,
into a new 5Ve
preferred stock and for the payment of $5 per share
in cash
to the holders of the $6 preferred and $10 per share in cash
>o
the holders of the 1% preferred.
The securities to be transferred by American to Minnesota include
part of Minnesota's commoir and preferred stocks, all the common
stock of Superior Water, Light & Power Co., and all the securities
of the Pike Rapids Power Co.
and Topeka Land Co.
The bulk of the securities to be transferred by American to Minne¬
sota consist of $14,500,000 of the latter's common stock and $195,404
of its preferred stocks—V. 161, p. 306.
order
on
additional contingent interest of
l'>
warrants
As
Feb.
March 31—
1945
$1,328,552
30,343
2246.
1945,.
authorized
as
its option
A. P. W.
Operating
Operating
•
Federal
Other
$1,930,728
1,643,230
9
No.
(net)
$1,084,252
Other
lieu
of
8.341.251
7.488,840
History
1,351,468
842,826
operation
91,007
89,721
1,068,061
907,993
chandise.
105,000
922,421
$239,999
$341,942
$3,564,466
28,750
137,000
171,250
482,700
506,300
$224,249
....
net
Earnings
$0.61
share
per
$0.52
•
$0.47
2,694
162,609
129,423
1,180,924
income
all
Excludes
wholly-owned
from
foreign subsidiaries and
from transactions in foreign countries which have not been realized in
IJ. S. dollars due to restrictions on transfer of funds
—V.
16,732
10.812
has
iCr)
2,695
1,816
Vice
President
Assistant Controller.—V.
161, p.
in
charge
and Jay
P.
pfd.
stock
(SJ00
2326.
(S100
_1_
13,000
353,000
$171,547.
$2,082,869
plan
of
has
$371,981
$1,232,035
608,609
943,465
tion
$940,000,
not
proceeds
& excess prois.
Federal income
797,000
tax.
$205,468
725,000
The
82,187
a
deducted
the
total
shares of 6'T
added
directors
profit
—V.
$287,508
$123,281
539,990
539,990
539,990
$0.60
$0.53
$0.23
capital shares
share——
2394.- •
"
of
Number
Earnings
$322,294
——
per
159, p.
Summary
of
1
of
accepting
exchange
these
Under
first
choice
the
three
of
cash
a
options.
options,
holders
preferred stock either
of
payment
$130
share
a
receive
for
accept
each
share
of
City (N.
a
J.)
>'
who
elect to
the
First
National Bank
June
15.
Tenders will be
to
or before 3 p.m.
their receipt."
Stockholders
four
submitted
on
iii the order of
S
be
tender-their
options will receive their June
before
after
or
the
ex-dividend
shares
under
dividends
30
date.—V.
161,
6 Months Ended March 31—-
Net sales
of
accepted
is
Gross
9,493,396
2,672,100
3,059,200
With
ican
republics are now
facilities.—V. 161, p. 2437.
$975,406
$0.82
$1,393,796
562.
"
,
•
The
"Reserves
-
1945
'
260,200
Earnings
per
sharekri—^—
common
•Represents post-war
excess
is
F.
316,000
about
drill
wells
tion
half
$2,912,000.
To
meet
the
directed
& Electric
down
is
well
wells
these
interest
to
161, p.
to
from
payable
&
Co.,
on
after
Net
Federal
but
drilled
the
Net
in
must
the
161,
Refining
named
below
have
agreed,
■
1_„_
—
Sheerin
r/a
33
16 ' ^ '/o
——————
'
16i 'a '/o
Co.
Cohen
«fe
L) Payne &
Newton Todd
in
the
-—11^—11'
of
•Sales
block
Income
committee,
depreciatiton.
&
•:?'
subsidiaries)
1944
$
Int.,
taxes,
profits
excess
etc.
$
net
33,572,564
,-
1943
;,
$
216,410,240 233,840.738
————
Net,ufter
Monagas,
3-»b'/»
Works—Earnings—
wholly-owned
12 Months Ended March 31
the
3
Co., Inc.^,———————
1945
to
Pirital
State
12 Va %
^.H,„
Co.
Locomotive
in
as
187.460,988
30,902,020
23.500.962
t28,600,000 t25,850,000 tl8,148,510
is
under
blocks
1947,
31,
decide
304,680
place.
No. of common
Earnings per share
No,
3
obligation
to
with the consent
in
obligatiton
total
a
of
area
to
drill
or
an
not
it
304,680
additional
acquire a oneconsideration of
$3.83
Period End. April 30—
Gross
income
•Oper.
&
Net
1944
1945
1943
$719,403
$575,909
$472,000
74.268
62.267
48,709
29,660
24,940
-Earnings1945--4 Mos.- -1944
$21,120
$19,740
exps.
9,764
9,837
41,736
38,261
—
6,700
5,978
25,763
24.636
$4,656
a
$3,924
$17,019
$16,146
Income
$84,518
$79,043
•Including insurance, depreciation, repairs and alterations.
(Includ¬
ing Federal Income lax as per law In effect at end of pcriod.-rV.
160,
19,300
charges-————-
profit
$5.04
rene¬
for
1945—Month—1944
,_z
miscell.
(Taxes
1.028.512
(Includes provision for
Balfour Building, Inc., Sail Franciseo-
acres
will
$5,352,452
1.275,694
$.3.49
—
contingencies and post¬
(Includes provision for contingencies.—V.
161, p. 2438.
transition.
war
four
$5,052,020*
—1,378.751
i
.
—
taxes,
shares
•Before renegotiation of war contracts,
gotiation of war contracts and reserve
Corp.—Earnings-
income
$4,972,564
mechanical
and within 30 days after comple¬
for
acres
under
is
however,
the
whether
2215.
p.
Co.
profit
Well
into
ran
its
Net
175-barrel
a
block.
different
a
——
$44,608
$37,327
2538.
p.
$29,409
94,551
94.551
94.551
$0.47
——-
$0.39
$0.31
shares.—
'Ermines per shares——
—V. 161, p. 1763.
output of the electric properties of this company, for the
ending June 2. 1945 totaled 84.431,000 kwh., an increase ol
the output of 80,419,400 kwh. for the corresponding week oi
1944.—V, 161, p. 2437.
pavable,
the unexchanged new preferred
respective percentages set after their
-
,.
.
•
r
Ballard Oil Co. of Hartford,
Power
accounts
purchase
in
"
Gavin
.
block which may,
Co.
——.....U——
Net. sa'es
Co., Inc.—Output
'
-
$100,000;
underwriters
to
company
Inc.
Baldwin
$2,000,000
block
feet
5.000
Quarter Ended March 31—
-
(banks),
several
not jointly,
the
names:
Leonard
1650,
pay
this
on
be
will
different
other
four
this
on
drilled
Refining
completed by March
of
of
Number
American Water Works
well
be
Atlas Tack
iU
,
shortage of rayon tire yarn, the War
the corporation to produce an
additional 46,300,000 pounds of yarn by the conversion and installa¬
tion of facilities at four of its
plants.
The program will require ex¬
penditures; of some $6,000,000, of which about 60') will be financed
fey the Defense Plant
Corporation and the remainder by the corpora¬
tion.—V. 161, p. 1310.
recently
2
another
Atlantic
$2,000,000.—V.
present critical
Board
No.
well
one
deep.
contract,
Atlantic
the
on
be
to
profits tax credit.
4'/a %
1JH5
on
Riser, Cohn & Shumaker, Inc.
N,
feet
3,600
fourth
a
completed
and
Pantepec,
The
At March
The corporation continues in a strong financial position
1945, net current assets amounted to $43,596,000.
Expenditures
for additions to
plant and equipment during the first quarter of 1945
Production
option
year
106,157
Buckley, member of the American stockholders'
has
Well
Under
31,
were
its
in
of
announced.
'
$1,233,200
$0.54
'
'491,578
rets.
$300,181.—V.
of
exercised
has
company
William
$1,549,200
$1,059,116
$0.44
:
———-—-
•900,544
of Venezuela for a half interest
Venezuela.' consisting of 21,436 acres in the
of
Balance surplus
consol.
Sheet, Jan. 31,
City Securities Corp..
Indianapolis Bond & Share Corp.
89.867
—
of
adjustments.
year
established
requirement on the 35.000 shares
stock to be issued is $157,500..
preferred
respective
$895,103
828,500
prior
$300,000
dividend
.Underwriters—The
shares
333,726
90,000
of
personal
accounts payable
to common stockholders and
$374,618; accrued tuxes other than Federal taxes on
income,
$233,204; reserve for Federal taxes on income
(net), $393,270; other
liabilities, $12,104; reserve for contingencies, $300,000; 6%
preferred
stock, $2,814,200; common stock (oar $100),
$1,500,000; capital sur¬
plus, $48,001; earned surplus, $3,081,714; total, $9,946,288.
v
$1,453,035
Pantepec Oil Co.
•in
1944 '
$1,319,316
annual
Thomas D.
fil.
contingencies
after
others.
$1,228,830
—
and
301,54B
$1,089,176;
160,890
—„
from
217.729
income
(Including
difficulties
•
The
356,500
258,651
l——
savs.
75,000
1944.
Assets—Cash
$1,067,940
$1,711,686
dividends
producer.
'
for
31,
severally and
—__1;
71,162
168,852
on
Atlantic Refining; Co.—Exercises Oil Option—
the capital, and New York,
—
reserve
Jan.
Collctt
dividends
75,000
hand and in
banks, $1,357,875; U. S. Government
securities, $1,002,977; customers' accounts receivable
(net), $1,326,414;
sundry notes and accounts receivable. $58,635; merchandise
inventories,
$2,799,245; post-war refund of Federal excess
profits taxes, $93,538;
miscellaneous investments, net of
reserve, $25,301; sundry notes and
accounts receivable,
$17,571; fixed assets (net), $3,117,975; deferred
charges, $146,759; total, $9,946,288,
371,814
—
168,852
Balance
226,262
538,638
•Includes, special dividend
has
-
(axes
cumulative
1,258.718
$1,173,048
—
•
t.Incl, Fed. tax
connection,
Quarter Ended March 31—
Federal
+Before
ended
•
1,716.177
351,132
income.
315,014
461,581
Liabilities—Notes
1,633,532
I
taxes—
(464,999
75,000
„
will
413,402
,
$540,122
105,000
168,852
1941—
1944
210,670
__ _
$150,000
168,852
) 942
31.
$168,852
545,400
1943
31.
Surplus
(738.851
1945--;
31,
Common
$858,974
31, 1944
•After
Columbus,
1,834,754
—
_.
(net)-.'—'i—
income
Preferred
American Viscose Corp.—Earnings—
•
__ _
income
Common
$1.17
-
—
—
accruals—
reserve
At'antlc
Net profit
of
1945
profits
Income' deductions'
all South and Central Amer¬
within reach of this country by radiotelephone
this
Bank
_•
1 Z_ L
31,
Jan,
8,099,600
opened between Quito,
was
announced.
Of
April 29
was paid on
cents
in
Earned
-
-
Preferred
on
1943
1944
Radiotelephone service between Ecuador and the United States was
at 12:00 a.m. (E.W.T.) on June 4, when
direct circuit
holders
to
$12,069,258 $11,214,028
6,452,720
6,216,618
—
excess
•tOther, income
established for the first time
it
10
National
purchased-
gas
Utility ."operating
Earnings—
$1.2-1
p.
Huntington
„
Retirement
American Telephone & Telegraph Co.—Radiotelephone
Service Opened to Ecuador—
\
•
a
extra of
an
16
made
2326.
p,
,
—
.Federal; inc. •&
they tender
$47,179,227
taxes-
161,
the
to
revenues
Maintenance
4,034,606
share
1,187,495 shares.—V.
deposit
■General t -lxes>„_ J— _ 1Z_
Net
■'On
of
Other.——
'
$1,442,997
common
July
were
of
redemp¬
v
•Net Profits
Jan.
share
per
dividend
Operation—Natural
one of the
4,115,097
taxes
Net income
per
In addition,
payable
amount
cents
Atlanta Gas Light Co.- -Earnings-
Jersey
$37,882,764 $42,190,691
Profit after chgs.^but before
Federal inc. and excess prof,
•
like
10
12 Months Ended March 31—
665.'
p.
1945
1
any
whether
American Steel Foundries (& Subs.)•
°Eains.
Distributions of
Columbus, Ohio.--V. 161,
Opera ting ?
should
va'ue,
par
of
mentioned date.
the
tificates
to
four shares of Consolidated Edison Co.
cash,
Tenders
no
dividend
a
cer¬
elect
may
(a)
price
for
Net Inc-
payable upon the stock issuable to them (in. the
ratjo of' 50 shares for each $1,030, "principal
amount, of bonds or
certificates of deposit) only after surrender of their
bonds or
five shares of Philadelphia Electric Co. common stock and 75 cents
<c)
declared
Co.
or
redemption
stock called
crease
Jan.
of
five-vear
convertib'e
secured
gold
bonds of
Utilities
Service Co. or certificates of deposite issued in
respect of such
bonds, who have not exchanged them for common stock of
Associated
Public Utilities Corp. in accordance with the
amended plan of reor¬
ganization dated May
1„ 1937, of Utilities
Public
Service
.
cash
preferred
-Cash Divdicnds Paid
Holders
©f New-York, Inc., common stock and $8.50 in cash; (b» three shares
of American Gas & Electric Co. common stock and $21.25 cash; or
in
2.
11
14, last year.
the latter
corporation is inviting tenders to retire part, of .its first
preferred stock. The offer is limited to 4.828 shares, and holders are
15.000 shs.
Earnings, Dividends, and Increases in Earned Surplus
Jail.
Public
The
offered
July
•and Oct.
American Superpower Corp.—Invites Stock Tenders—
one
May
stock,"
on.
common
record
Net
35,000 shs.
realized
to be realized by the company will
working capital and may be used at some future time for
or
expansion of plant and equipment.
to
Years End.—
the
on
be
to
June
Associated Public Utilities Corp.—10-Cent Div.—
1943
$1,012,508
Out standing
16, 1945.)
net additional cash
proceeds
Jan.
1944
1945
$1,119,294
charges.—
Financing
45.000 shs.
April
improvement
trustees
been
for the 3,501
on
The
American Stove Co.—Earningsafter
changed
bv
tha
recapitalization are estimated
to
be
a
maximum of $967,000.
(From such pro¬
of
and
cash
,
Quarter Ended March 31—
and
15,000 shs.
the
ceeds
$134,486
preferred "stocks
interest
Present
to
par)—
.
under
p. 2438.
Profit
Smith
pai )—
additional
electric
ended
R.
Giving Effect
stock
minimum
of
to
N.
S.
net
of the Associated Gas & Electric Corp. report that the
output of the Associated Gas & Electric
Group for the week
1, .1345* amounted to 125,964,201- kwh., an increase of
0,527,516 kwh., or 4.6 ft
over the corresponding week of 1944.—V.
161,
of
L.
as
Purpose—The
65,930
be
Davis,
Ayres.
acquired the
firm
company
37,530
161, p. 2326.
The
elected
been
Louis Klein, Secretary and Controller,
Smith
Ayres
the
cunuil,
Common
r
Alexander
R,
Mr.
Authorized
1,510.020
Associated Gas & Electric
Co.—Weekly Output—
Changes in Personnel—
Nathan
purchasing;
exchange.
line
Capitalization
a.
1
N.
as
1874
4>,a'r
con¬
applicable
full
a
1,586,635
2,153
surplus
Dividends
the
Business—The
operated under various ownerships from 1848 to
1872, when
Ayres, a merchant from Geneva, N. Y., bought a partnership
existing ownership, N. R, Smith & Co,
The lirm then becumo
$4,262,760
78.125
first
Four
and
have been
interest.
Trust
1%
mortgage
each,
$1,000
Payment
Co., trustee,
20-year
called
bonds
redemption
be
will
760 Main
Inc.—^^Partial Redemption
gold
lor
made
at
due
on
(he
Jan.
1^948,
1,
of
July 1, 1945, at 103
Hartford-Conhectlcut
Street, Hartford, Conn.—V.
160,
2754.
p.
vreek
5.00
Autocar
over
Co.—EarningsEarnings
for
Quarter
Baltimore &
Ended March
31,
A. P. W. Products Co., Inc.-
Earnings-
$3,843,328
Cost
of
•Selling,
for
3,230,354
2,557,478
101,879
432,578
117,427
120.874
479,849
$247,693
$234,330
$262,925
24,286
2,152
depreciation
adm;
&
gen.
exp._.
The
,
(L. S.) Ayres & Co.,
Indianapolis, Ind.—Stock Offered
syndicate headed by Collett & Co., Inc., Indianapolis,
Ind., recently offered at $103M» per share and dividend
the unexchanged portion of 35,000 shares 4V2% cumula¬
_i:!
profit
Miscellaneous earnings
(net)
50,194
—
to
*
$297,887
—
$258,615
$265,077
129,290
income
140,133
144,810
Contingency
50.000
provision
Provision for
Federal
income
p
outstdg.
per
rovision
share
($5
43,860
$26,407
160.436
160,250
160 250
par)
been
included,of
V
$7,256
f
as
o
a
mas
",7
Pn
for
issue
Anril
to
30
April
1955
to
case
the
,
Office)
"
O.
the
the
be
the ICC
Reconstruction
used
to
pay
off
to
sell $84,563,276 of
Finance Corporation.
part
of
which
and
unnecessary.
was authorized
RFC at
refunding
a
certain
notes
30.
and
date
1950.
at
at $105W per
$103'/2
per
of redemption.
share from May 1
1950. to
share theieaiter, plus dividends in
Stock is also subject to redemption
^
r^Tcompany
•WllliampBv,^Jpd^ twice a
"
t,bc
company
previously approved
had said woul^l make
sell
the
bonds, maturing on'Jan.
the
same
for
and
sold
five
at
the
issue
100.073,
steam
500 steel
time
to
company
be
freight
box
Commission
$4,680,000
The
locomotives,
cars.—V.
approved
of
2'*i
certificates
161, p.
seven
another
equipment
will
be
Diesel
used
application
trust
for
passenger
Barium
Steel Corp.—New
John M. Metes,
with
Barium
Iron
Works,
Co.
payment
locomotives
t
Export Manager—
formerly of W. R. Grace & Co., has become associated
Corp. as Export Manager of its
subsidiary, Clydo
of Duluth
of Duluth
Minn.
Mr. Metes has b?en witty W, R.
since
Grace
<fc
American
1937
and
countries.—^V.
represented
161, p.
it
in
Chile,
Peru
and other
1990
D.
~
...
•..»«'
^
Reentered
Dominion
NOTE:
On
00
Ind CentTaf America
year; South
account of tire fluctuations
per
http://fraser.stlouisfed.org/
)
Federal Reserve Bank of St. Louis
In the
)
,
Steel
Inc.,
South
-
Spain. Mexico an^Ouna
rates of exchange, remittances lor
^^^b'scrlptrona
and
^vertUc^
musTbe
of
certificates
part
2438.
t.
CanTar$27?0
l,
interest.
Seibert, Editor and Publisher;
Publi shers. 25 Park Place, New York 8, N. Y., REctor 2-9570. Herbert D. Seibert, 1
[every Thursday (general news and advertising issue) with a statistical issue on Mondayl. Other
""
„
.
to
plus accrued
par
Herbert
week
the
of
plan
time, upon 30 days' notice,
any
sinking fund, beginning in 1948, at $103V2 per
«hare
plus dividends to date of redemption.
Entitled, in preference
to the common stock, to
redemption price per share upon voluntary
liquidation and $100 per share upon involuntary liquidation, plus
■
U. S. Patent
at
through operation of a
$0.16
$0.36
$0.55
;
^
has
61,000
$57,481
of
rarh
—
shares
Earnings
81,000
$87,598
tax—,
Net profit
Com.
na'rt
&
to
will
RFC
Equipment Trust Certificates Authorized—
to
therealter
nuirterlv
is
Commission
B.
to
At
the
cumulative from May 1, 1945, and payable July 31 and
Redeemable at company's option, in whole or in
at $108"2 per share from date
Dividends
Total
Interest
1965,
sale
to
the RFC.
by
transaction
the
The
The offering was made
preferred stock (par $100).
residents of Indiana only.
held
RR.—$84,563,276 Bonds Go
bonds
4'«
the
reorganization
—A
470.309
trust
from
& O.
B.
Ohio
has been authorized by
company
Proceeds
2396.
p.
tive
Gross
$0.71
collateral
by
r
Apr. 10/43
$3,411,586
3,061,178
I
sales
Provision
Apr. 8/44
$4,061,960
Apr. 7/45
160.
$354,438
to
to
to
PeriodNet sales
—V.
July 1/42
July 1/43
juiy 1, '44
The
1915
profit after charges, inc. taxes & reserve for renegotiation
Earnings per share on 485,230 common shares———..
—
Net
.
business of company
Consists of the
department store distributing quality mer¬
The principal establishment is located at 1-15 West Wash¬
of
incorporated
183,754
$3,590,075
.
of
to L, S. Ayres & Co.
In 1896 the business was
Ayres <& Co. with a paid-in capital of $206,000.
The company has had a
policy of continuous plant modernization.
$4,079,006
$315,886
.,
shares
was
the
In
:'
Balance
.
*
$3,427,466
$225,069
T
reservations
income
$313,192
620
&
?-1
•
in
known
mtge. bonds
deductions
int.
to make,
and
:.the name of
income
on
which
Lyman
—
18,067
ington Street and 26-36 South Meridian Street,
Indianapolis, Ind.
Company is the successor (in ownership) of the "Trade Palace,"
$4,250,256
15,750
entitled
were
1,476,000
—
Miscell.
$236,752
1945—12 Mos.—1944
$16,986,939 $14,965,915
83,183
of
the
certain cash
127,950
approp.
stock
new
1,739,322
res.
registrar, Indiana Trust
the holders
to
gave
company,
disso¬
Earnings—
in¬
and
agent
Exempt from the Indiana intangibles tax,.
opportunity to offer such shares to the
prior to 1.2*00 noon on April 28. 1945, in exchange for the
4Vt/V cumulative preferred stock on a shsre^for-share
basis, plus
payment by the company.
The holders of the remain¬
ing 6,574 shares of d'e preferred stock, not heretofore catied for re¬
demption, agreed to such exchange.
Only shareholders who certified
that
they were residents of Indiana and not dealers in securities
A. P. W.
of
preferred
207,495
,
Interest charged to
struction
credit
847,500
$252,421
of
process
its 6ft'
575,628
;
in
Interest
475,000
—
assets
in
taxes
Gross
924,200
the
now
Transfer
case.
Exchange Offer—Company
661,889
oper.
revenues...
for lease of
plant
Rent
1943
$1,176,621
is
each
Co.. Indianapolis, Ind.
16,
''
2551
$1,240,241
____
taxes
Net
$287,498
profit,of capital shares..
*Met
purchase
Nov.
on
■1
> '
v
dividends in
if
only
"
'
$1,283,573
expenses
taxes.
Charges
1944
1944
pavable
stockholders
1945—Month—1944
revenues
Operating income
Other" income meti
and post-war contingencies
to
$0.51
1945
$9,625.
the
Properties, Inc.,
American Safety Razor Corp.—Earnings—
tiation
by
Arkansas Power & Light Co.
'
March 31—
; k
Net after deprec. and charges—j—
Federal tax and reserve for renego¬
is
1310.
p.
Period Enci. Apr. 30-
.
-
Quarter Ended
the first mortgage bonds, with
on
requirement
'
a
36,623
$0.42
income after charges and taxes
Earnings'per common share—;
158, p.
year's
exercised
Properties,, Inc.
lution.—V. 161,
$1,462,809
Net
—-V.
27,
company
Prop, retire,
Nel
full
_
of
1J44,
American Pulley Co-EarningsQuarter Ended
sales —
(the
earned).
come
$
.
made ImNew York lunda.
per
of
year,
m
Defense Plant Corporation
from its obligation of managing and operating the magnesium plant
at Las Vegas, Nev., effective May 17, 1945.
The obligation to operate
the
utilities and
certain facilities at the property has been taken
over by J.
M. Montgomery & Co., Inc., and the chlorine, caustic, and
boiler plants have been turned over to the jurisdiction of the Stauffer
corporation has been released by the
This
Chemical Co.—V.
Bausch
1687.
156, p.
U.
(Including
Co.—Earnings—
Optical
Lomb
&
,
and Canadian subsidiaries)
S.
1945
1944
1943
.A9-4?-,,
$311,036
$267,540
$311,499 • $682,467
Earns,
per
com.
share
$0.60
$0.50
$0.60
$1.48
♦After depreciation,
interest, Federal and Canadian income taxes,
minority interest, and provision for excess profits tax, etc.
V. 161,
3 Mos. End. Mar. 31—
•Net
profit
■CNet
Earnings
————
We have
developed several new products which will be ready to sell when
materials are available and food limitation orders have been removed.
We expect there will be many changes in the food distributing busi¬
ness, but we do not believe that those changes will come as fast as
many people anticipate.
We believe our big job in the post-war period
Will be to get our organization in shape to meet post-war production
unci
sales
the
on
a
ended Feb.
year
preceding
fiscal
28,
year.
1945 increased $3,817,627
This increase would have
possible to maintain the volume of butter
basis.
Reducing our butter sales to pounds, our
it
if
were
pre-war
11,3% less than the previous year, and 26.02%
less than the fiscal year ended Feb. 28, 1942.
This decrease in sales
is due to lack of supplies and the difficulty of
meeting our require¬
ments.
When
we
consider
that, if this reduced available volume,
the Government took 55%
during the month of May this year, we
'realize why butter is so short and why the 24-point per pound value
is placed on butter sales by the OPA.
It also explains why the butter
department's operations could not be profitable.
We do not look for
any substantial improvement in butter sales this year.
"Sales
in
most
of
our
major departments during the last fiscal
year increased over the previous year.
The company is continuing its
policy of diversification.
Sales of products, other than dairy and
poultry, reached a total of $13,378,059, or an increase of 30.47% over
-corresponding sales of these products for the previous year.
The
principal items, specialty foods and frozen foods, showed an increase
in sales, but this increase was retarded by the difficulties in obtaining
sales
last
ample
year
were
supplies
"Sales
dollar
to
of
merchandise.
such
agencies for
war
sales."—V.
161,
last
Bell Telephone
the
May 31,
revenues
Earns,
per
Operating
rev.
5,927,492
taxes
2,240,736
■
■
Net
161.
■
—-
-
»
$1,297,429
$1,198;459
867,300
income
752,834
income
—V.
$8,365,467 $37,779,287 $33,339,147
5,534,061
24,015,777
22,436,831
1,632,947
8,612,311
6,533,595
$9,465,657
revenues..
oper.
2106.
P.
after
Federal
Net
earnings
Provision
Net
•
taxes
-
—V.
profit
$4,818,721
3,012,956
Net
160,
Earnings
In
per
sales,
the
in
are
months
period
160,
March
compared
31,
fiscal
$82,238
to
with
year.—V.
time
of
This
$94,832
31,000
$340,000,000
$468,000,000
161,
'.f
1945
$57,434
share_.---.___.
for
in
the
the
6
forwarded
receipts
Net
$82,762
1943
$93,260
«'•
$0.42
r-!
80.47
for
29,
1945
and
The
effect,
subsequent
if
its
$7
preferred
stock
the
at
call
price of $110
per
is
Co.,
filing
12,515 shares
share and ac¬
crued dividends.
date
No
approval
has
and
been
set
for
the
the vote of
on
this
redemption,
the
stockholders
at
depending
meeting
a
on
SEC
This
profits
1,742,053
1,630,000
are
shares
37,492
preferred stock
now
of
$7
and
preferred
to
be
of
yet
outstanding.—V.
161,
shaies
15,023
$6
1,220,000
2439.
p.
The
directors
share
per
the
on
record
each
June
during
an
quarterly
amounts
payable
paid on
were
1944.—V.
161,
extra
dividend
both
$2,
par
Like
declared
28
usual
stock,
2.
quarter
May
on
the
and
capital
125,000
2327.
p.
2l/2
June
of
March
2'/a
to
15,
cents
per
cents
15
share
holders
last,
and
in
sales
Profit
—
$1.61
$2.06
have
determined
before
from
The
•'
!»i
.
,
V
■
■
...
i1 > '■
>
■.
...
Co., Inc.—Expansion—Vot¬
Net
"Products
drogen
Earnings
per
—V.
161,
r_—__
$510,457
outstanding—^—
—
$1.31
1945
Sales
depreciation,
taxes
control
The
profit.
Earnings
1943
The
net
profit
the
for
12
months
Profit
was
before
p.
to
a
Jan.
share
31,
$761,497,
taxes
were
300,000
$1.87
$1.39
months
$2,698,830 provision for Federal taxes
equal to $2.50
$493,854
300,000
share———
common
the
on
1944,
or
of
by
Jan.
1,
calls
Tonawanda,
at
the
outlay
N.
for
for
costing
equipment
persulphates
in
the
and
addition
new
percompounds,
will
all
include
of
which
1,144,803
1,144,803
$0.25
$0 19
Butler Co.—Earnings—
Francke
the
voting
of
Alien
account"
for
Miss
Switzerland.
5,713
of
the
took
11,000
control
of
trustees are:
Jacob
F.
96,677
21,5 4 7
23,30 7
40,653
$32,296
$56,024
taxes—
profits tax payable.—V. 160,
1965.
p.
.
& Zinc Co.—Earnings—
1945
1944
1943
$64,609
$100,436
$102,679
11,000
charges
for
contingencies
profit
2
Number of
18,000
20,000
30,000
15,000
$33,609
$52,436
$67,679
600,000
share—
600,000
600,000
$0.05
...
$0.09
$0.11
:
depletion.—V.
r ;
20,000
.
capital shares
per
160, p. 2397.
(A. M.) Byers Co.—Earnings—
Period End. Mar. 31—
1945—12 Mos.—1944
1945—3 Mos.—1944
Net profit after all chgs.
and
taxes—
The
cutback
in
•$41,740
the
$965,753
$441,760
$269,510
Government's- shipbuilding
the
the first
civilian
needs, because of Government: restrictions, is negligible and cannot at
this date be expected to take
up any appreciable part of the slack in
output.
Higher wages and increased cost of raw. materials also played
a
part in reducing revenue.—V. 161, p. 563.
major
factor
quarter,
contributing
the
report
shares,
shares, the
Charles A. Buerk, Max E. Bretschger, Louis
Jr., and Ansley W, Sawyer.—V
154
Schoellkopf,
company's
The
operating
company's
was
program
loss
in
production
for
Byron Jackson Co.—Earnings—
Quarters Ended March 31—
Profit
after
•Federal
Net
•Federal
credit
on
lated
2
first
or
income
$1.25
Net
taxes
annual
compiled
basis.
basis
realized
of
Had
Dulin,
the
the
apportioning
profits
applying
results
for
the
show
like
an
1944
munitions
first
for
would
1945
indicate
profits tax
excess
beeu calcu¬
credits against
profit of $473,269,
quarter
profits
excess
products
operation.
income
of
increase
tax
a
according
1945,
of
54%
about
period.
Regular product
gained 59%.—V. 160,
Period End. April 30—
from
quarter
over-all
Canadian Breweries
Profits
by
$0.54
$230,658,
billings
S.
with
3 78,68 0
%
share, after tax reserves, compared to a profit on a similar
or 61 cents a share, for the initial quarter of 1944.
a
of
$145,258
378,680
$038
$204,582
shares-:
income
an
former
on
616,600
share
per
1944
$176,658
31,400
;
profit—
Earnings
1945
$821,182
charges
taxes—
Number of capital
Other
p.1726.
to
states.
the
outstanding
claims.
The voting
$2,605,976
55,5 13
$29,773
State inc.
and
after
Earnings
and
Custodian
Property
held
April 3,'43
$3,208,599
Quarter Ended March 31—
E.
Property Custodian.
in a "blocked
l,60o held
Aarau,
trustees
Fed.
Profit
basis
of
part
April 1,'44
51,3 2 0
Butte Copper
Alien
the
by
are
Mar. 31'45
charges
•No excess
suit in Wie Federal Court seeking to regain
of
capital stock that have been held since
filed
shares
800
1942,
share
2106.
income
Net
hy¬
now
trar
on
common
when
$2.03
$3,599,545,
taxes
share
a
ended
on
Feb.
3,
300,000
$1.48
1945,
after
income, amounted to $900,715,
stock outstanding.
were
of
compared
only
with
For
$1,343,750,
common
stock.
Manufacturers
for the
Trust
first preferred
Co.,
the
12
the net
Earnings
$2,110,247.—V.
160,
New
York,
has been
and preferred stocks.—V.
billings
to
President
in comparison
increased 51'«
1077.
p.
Ltd.—Earnings—
1945—3 Mos.—1944
$1,804,297
11945—6 Mos
$920,336
$4,002,929
27,033
15,088
42,819
$1 831,330
$935,423
.
p.
regis¬
2106.
Bond Investment Trust of
America—Liquidating Value
total*portfolio based on market quotations on May 19, 1945,
jplus other net assets and after allowance for this Income distribution,
aggregated $4,768,940, which compares with $3,789,534 at the close of
1944The resulting,.liquidating values per outstanding unit
were
$104.57 and $102.92, respectively.—V.
160, p. 2539.
for
•Prov.
will
vote
June
200,000
The
the
shares
board
initial
of
of
new
the
new
on
of
in making the
150,000 shares of
5%
approving
corporation
stock
directors,
issuance
—1944
$1,703,842
27.587
for
with
par
proposal,
this
new
has
preferred
proposal
value
$100
recommended
preferred
in
order
cumulative preferred now
outstanding
the
ed
and
Upon completion
will have outstanding only the prooosed
present 1,723,376 shares of $1 par value com¬
the
action
offered
public
early in July by
Peabody & Co.—V, 161,
a
p.
group
of
underwriters
headed
bv
in
the
Canadian
market
$4,000,000 first
mort¬
2%% Serial and 4% sinking fund bonds Series "A"
consisting of $900,000 2%% serial bonds to mature $150 annually, May 1, 1946 to 1951, inclusive and $3,10o'gage
minority
——
v
profit
544,000
2,533,450
994.000
87,073
1,094
175,965
L°94
$825,061
$405,500
Calculated at
prevailing income- tax rates subject to determination
of standard profits.
tBrewing Corp. of America included from Oct. 1>
1944, to March 31, 1945. -
$447,083
...
Consolidated
(Brewing
Corp.
of
Balance
America
$203,678
Sheet, April 30, 1945
i
1945)
Assets—Cash, $2,543,279; investments, $1,211,516; accounts and bills
LtColoa,
J®ss reserve for doubtful accounts, $1,155,336; inventories,
$5,312,162; pvepaid expenses,
$296,329; refundable portion of excess
profits taxes, $1,619,353;
investments in shares of other brewing com¬
panies,
included
as
at
March
31,
$914,410; deferred charges,
equipment (after reserves for
$325,952; land, buildings, plant and
depreciation of $5,798,252), $11.501.8<0.
other
investments, $1,051,255; premium paid on purchase of
companies
shares, $3,751,088; total, $29,682,550.
2439.
syndicate head¬
by The Dominion Securities Corp., Ltd. on May 28
offered
000
Net
$1,731,429
08.738
262,098
in¬
company
by the stockholders, the company plans to file a
registration statement with the Securities and Exchange
Commission
to cover
the sale of $15,000,000 of the new
preferred.
Subject to
approval by stockholders, it is expected that the stock will be
Kidder,
to
410,397
.
re¬
to
creation
of
stock.
Pending
toi
Applicable
(less,
137 35 1
50,437
202,937
portion)
interests
a
through the
a
Federal
taxes
fundable
39.300
$4,045,748
100,875
1,043,800
W ,
interest
depreciation..
$8,000,000 principal amount of funded debt.
this financing the
mon
the
preferred
to retire the 58,602 shares of
of
28
1964.
The
Prov.
come
stockholders
income
Debenture
appointed
161,
Burlington Mills Corp.—Plans to Refund Present Debt
and 5% Preferred Stock—
of
$522,986
-
Total
Buffalo, Niagara & Eastern Corp.—Registrar—
Burns & Co., Ltd.—Bonds Offered—A
*
shares
common
$2,769,449
•Estim.
the
Y.,
new
said.
simplify the capital structure of
1944
$638,090
shares
common
per
of
Margot
and
Net
Number of
completed
plant
rest
in
May 23
on
shares
The
$22,412,924 $18,502,986 $16,991,003
2,439,070
1,421,004
1,016,386
1,800,980
927,150
493,400
etc
income—
on
Buerk
389,203
—
share
after
161,
after
Net
will
will increase production
Charles A. Buerk, President,
and
levels,
be
the
the
manufactured
be
to
used
November,
The
6 Months Ended Jan. 31—
Profit
which
program
the war effort," he stated.
"The plant currently
is engaged 100'% in the production of items for the war."
The voting
trustees representing a group of stockholders of this
1,658,170
Blooming dale Bros., Inc. (& Subs.)—Earnings—
Federal
$316,149
2,168,627
563.
p.
$428,735
Sales
>
expansion
an
$1,400,000
to
to
with
Mr.
peroxide,
being
Wirth,
profits taxes.
excess
profit——
shares
on
present
expected
addition
an
$400,000,
machinery,
suit
State, foreign and Federal income and
Common
of
than
more
and
on
program,
erection
Manufacturing Co. (& Subs.)—Earns.
taxes——
68,000
;
•Loss.
authorities
23.
Before
$8,222,745
and
May
\
__
$1,300,000
60%
of
Earnings for 6 Months Ended March 3i, 1945
Net
687,000
44,000
p.
$508,436
n.--V -J
IP'
.
approximately
the
Black & Decker
1,071,149
:—849,00 0
on
per
125,000
$397,053
were
corporation has embarked
company
dividend
of
of
Number
.
1,615,000
$1.79
Electro-Chemical
between
are
Bishop Oil Co.—Declares Extra Dividend—
2,248,436
125,000
renegotiation
.?
a
income
—V.
•Net
.$441,127
1092.
p.
on
contingencies
Earnings
Provision
realized during fiscal year 1942 and
which renegotiation proceedings may have
cannot be foreseen at this time, according to
announced
scheduled.
There
be
any,
; ;?V_
1944,
1945
1944
$27,558,000 $27,150,003
taxes
profit
•Before
-
excessive, profits-
no
cost
company, subsidiary of National* Power & Light
the SEC an application for permission to redeem
with
of
Net
ex¬
share
that
of
1.321,735
taxes
1943
ing Trustees Seek to Regain Control—
Birmingham Electric Co.- -Plans To Redeem More $7
should
1941,
1944
2,196,127
reserve.
——
states
quarter of
*
13 Weeks Ended—
the
at
Bank of Canada, Montreal,
Royal
—
company.T—y.' 161,
..
Nov.
on
possible decline in invent..
report
the first
first quarter
t
Federal
before
for
246,000 shares of capital stock.
1943.
011
outstanding
(& Subs.)—Earnings—
profit,
per
the
than
161, p. 1652.
Federal income taxes—
income
taxes
higher
$20,000
sales
Federal
of Securities—
were
$28,627,446 $26,083,541 $27,252,548
and
taxes
profits
•On
_•(
the
to
April 30—
State
and
Buffalo
The
be
to
Reserve
Old securities in the United States should
National Bank of Commerce of Portland, Port¬
Shoe Co., Inc.
before
•Earnings
161, p. 307.
Preferred—
T
the amount set up for maintenance for
proved to be inadequate and substantial increases were necessary
in the year.
For the first quarter of 1945, the maintenance was
Profit
stock).
the
to
$19,665.
According to the company this will, at the
on a consolidated return, increase the net earnings
approximately $30,000 for the first quarter.
of
sales
Federal
The
1944
•"
of
year,
Butler Brothers (& Subs.)—Earnings—
such bonds; and old 6'/*
cumulative
deposit for such stock (not new $6
for
certificates
or
6 Months Ended
like
Co.—Earnings—
$0.29
shares.—V.
common
stock
so.13
net-earnings from the March
due to the following factors.
First, the railroad
the Terminal Co. have been transferred to the Bush
The Railroad Co. lost $10,132 in 1944 and in 1945 made
'.'A
which
company
$113,865
518.460
$0.28
Quarter Ended March 31—
after which date they may become void by court order.
first mortgage 5]/2%
gold bonds, or certificates of
deposit
or
the
of
518,460
$0.20
471,365
357,'500
companies by
two
Secondly,
1944
$165,984
518,460
share——
.-
was
of
the
of
1943
$1,337311
$124,826
res.-__—
1944
$1,522,470
5 52,9 8 4
387,000
states that the decrease in
profit
the
'
1945
—
common
quarter
net
end
of
to
cumulative preferred
2327.
p.
& Machine
Quarter Ended March 31—
%•Net profit after charges and taxes.
198,500
to
securities in the reorganized company on or before
new
1948,
applies
deposit,
be
old. securities
that
reorganizatiorl
April 5,
that
Birdsboro Steel Foundry
♦On
according
quarters,
*>"
announced
is
Net
amounted
price- refunds,
preceding
per
ensuing
the
for
2539.
p.
cess
the
^Earnings
•and
progress,
Brown Co., Berlin, N. H.—Exchange
It,
$125,832
;
—
ended
of
a
balance
estimates, there should be a favorable showing on earnings."—
1944
$137,068
54,830
-
__
after
;
for civilion use.
Renegotiation proceedings
completed for 1944 without refund to the Government.
Post-war
with
plans
Bendix Aviation Corp.—Sales—
Net
$33,80.1
$0.18
$63,552
$0.38
stockholders, President M. B. Loeb stated:
"A sub¬
of Brillo production for military requirements con¬
to
portion
tinues,
Res.
''
share
common
$193741;
$1,101,866
41 7,82 6
293,000
shares...
common
consolidated basis.—V.
$235,108
171,556
„
....
letter
a
stantial
2067.
p.
taxes
charges and
profit
Brown
1945
...
of
Terminal RR.
1944
$133,625
99,824
1945
.
for
land, Me., and in Canada,
P. Q.—V. 161, p. 2215.
_____
profit—
Number
Net
Profit
I;
Net
conting.
and
tax
estimated
Hydro-Electric Corp.—Earnings—
charges
Federal
operations
Brillo Manufacturing Co., Inc.—Earnings-
preferred
1
"
$5,151,199
3,410,347
Quarter Ended March 31—
Net
■
,
Bellows Falls
1943
$1,183,724
1,947,700
$0.61
Quarters Ended March 31—
il9.oi2
$113,853
-r
charges
(P. H.)
1945—Month—1944
1945—4 Mos.—1944
$8,372,681 $37,806,634 $33,869,645
1.
6,970
7,214
27,347
>0,498
\
Net
1944
$1,441,299
1,947,700
$0.74
which
charges,
all
after
Profit
later
present
expenses
•Operating
V
1945
outstdg.
share
common
312 753
Co.—Earnings-
Bush Terminal
1944,
$1,131,234
1,947,700
$0.58
—
deducting
exchanged for
Operating
profit—V. 161, p. 1538.
Company
(& Subs.)—Earnings—
;
*
1943
$1,046 610
144,217
$109,267
Net
Earnings per
include provision for deprecia¬
tion, amortization, taxes on income, contingencies, post-war adjust¬
ments and for renegotiation of war contracts.—V. 161, p. 459.
•After
$9,472,627
...
cper.
earnings
243,010
133,7'43
'
income
on
Quarter Ended March 31—
from rents, etc
preference stock have been called
at par and dividends. Payment will
of Canada in Niagara Falls or in
closed as of the close of business
3 Months Ended March 31—
•Net
Shares outstanding
tax
Revenue
of
Books were
160, p. 4.
Canada.
1945.—V.
Toronto,
Federal tax.._—
before
1944
$1,106,156
258,070'
' $1,091,140
income.,
other
199^,
„
Ltd.—Calls Preference Stock—
shares
outstanding
1945
Ended March 31—
and
p.
Ltd., wholly owned subsidiary
Bush House,
(Excluding
3 Months
161,
Building Co.—Earnings—
Bush Terminal
Profit
for refunding purposes.—V.
will be used
Proceeds
Co. of Pennsylvania—Earnings—
Period End. April 30—
Uncollectible
of
Co.
&
Tanner
and
1991.
p.
redemption on June 15, 1945,
at
the Imperial Bank
were
of our total
to 12%
amounted
year
1194.
p.
Securities Corp., Ltd., other inemh*,'
of the syndicate included Nesbitt, Thomson & Co.,' Ltd., Bell, Goui w
&
Co., Ltd.,
Midland Securities, Ltd., James Richardson & gm,
Cochran, Murray & Co., Ltd., Matthews & Co., R. A. Daly & Co
Lih''
Houston, Willoughby & Co., Ltd., Pemberton and Son, Vancouver Ltd'
$9,465,589
made
V.
Operating
$9,848,434
$2,442,581
$2,534,700
Tho
bonds were offered at 100 and interest
The Dominion
to
addition
In
Federal
$18,348,662
8,883,073
Briggs Manufacturing Co.
fiscal
the
for
greater,
sales
*
for
sales
been
161,
All
for
be
problems.
"Sales
over
opers.
exps.
(T. G.) Bright & Co.,
Haskell,
are
Co., Ltd.—Earnings
1945—Month—1944
1945~4
$5,114,262
$4,634,580 $20,004,2*9
2,579,562
2,191,999
10,155,845
earnings—
-V.
President, at the annual meeting, said:
continuing to make plans for the post-war.
fr.
earns,
Net
I945
$18,261,475 $15,940,904
April 30—
sales
"We
■
■.
Brazilian Traction, Light & Power
Period End. April 30—
Increasing—
Creamery Co.—Sales
Beatrice
H.
—
taxes.
charges and
sinking fund bonds to mature May 1, 1963
4% sinking fund
Rentals
Gross
2 Months Ended
C.
$0.10
'
''>1:; V""
vcompany
T.
E.
Braniff, President, said that during the quarter
planes flew 635,500 more scheduled revenue miles and carried J8,y^i
more
revenue
passengers
than in same period in prior> year as a
result of purchase of additional planes from the Government.
A total of 27,847,988 passenger miles were flown in the first quarter
against 16,783,272 in same period of 1944.—V. 160, p. 2377.
♦After
Operating
Total
1,000,000
$0.10
share
per
98,995
1,000,000
—r
capital shares—
of
$1,124,195
$1,623,828
105,436
profit———
Number
1944 ./
1945
Quarter Ended March 31—
Gross
earnings
—
1537.
p.
.
000 4%
Inc.—Earnings—
Braniff Airways,
Inc.—Released by DPC—
Basic. Magnesium,
Monday, June 11, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
^iab!,1fies~Accounts PayaNe and
(after U- S> tax
funded ^
debt
accrued liabilities,
botes Of $1,803,787),
subsidiary
S2.l~3.24l;
$2,468.57'•
$9,121,072; inventory reserve, $404,596; reserve for foreigi
on
consolidation. $202;227; minority interest in
subsidiary $1,811,606; cumulative
sinking fund convertible Prefel'e"L
shares (245,497
shares, no par), $7,066,297; common stock '772,530
exchange
adjustments
S!fS n*°o f?o L$1'533,606: capital
surplus,
$3,148,213;
total,
surplus.
$29,682,550.—V.
$1,753,115;
16-1
p.
1198.
distributable
Number 4393
161
Volume
THE COMMERCIAL &
FINANCIAL CHRONICLE
Canadian National Railway—Earnings1945—Month—-1944
April 30-
period ^-End.
$
>*'•''
revenues—
expenses..—
revenues—
161, P- 1311.
Y
7,774,000
operating
Operating
__V.
$
JjJ
s
J
s'ylvanbf6 Commission^
1944
All
\1
6,718,000
22,452,000
the
is
Jan. 1—
Y.'Y'y'
255,538
268,231
213,740
203,177
$586,994
$547,336
2,365,046
1,932.426
835,178
861,995
835,756
631,227
686,797
1945
April—
from
Net
from
Net
ry.
ct
Net
ry.
•
AJ
1944
York
bonds
at
a
1943
to
a
York
to
be
include
and
in
purchased.
not
price
to
to
reduce
aggregate
$1,000,000
135%
exceed
amount
$3,792,000
Gas
of
$138,349
$117,130
*22,048
*19,455
*11,497
efforts
*63,488
*56,414
*43,259
sum
457,496
465,302
450,280
Institutional
of
and
non-callable
Electric
re-
1,
The
May 31.—V.
time during
161, p. 2439.
*137,048
*77,685
*454,999
*364,241
*277,657
*203,791
holders
as
the
of
company's
bonds
have
abandoned
'V
earnings
Gross
settlement
would
compensation
—V.
$
3,013,883
'earnings
$
have
involved
$13,844,485
for
loss
of
for
taxes
taxes
unpaid
on
payment
to
by
interest
in
the
Oct.
30,
from
the
road
3,904,566
9,030,372
$22
to
1940;
-
30,
Rawson
that
152.
6%
each
3963..
July
10,
revenues
— —
—
609,712
425,442
7,152,804
404,517
3,708,022
and
6.813.195
325,843
3.842.196
—
Net
166,723
1,830,745
125,000
1,500,000
the
$345,757
.
$4,075,123
Other
58,738
is
stock
bonds
of
$337,476
$348,097
$4,133,861
Int.
141,594
1,689,805
will
It
is
stock
1,702,719
9,119
9,628
130,876
4,666
55,679
56,105
construe.
Cr295
Crl.602
Crl,293
$2,370,461
$2,555,340
1,134,601
1,213,029
to
—V.
$193,114
____
applicable
p. 2439.
-
161,
of
6%
preferred
to
$201,541
stocks
be
offered
stock
in
be
to
with
eral
offices
New
in
Commission
Trade
York
continue
will
O'Brien
now
this
5
the
declared
initial
regular
Dividend—
the
would
$1.02 ^2
of
record
JUne
share
per-
20,
»jv-'t'.'.;'-
1945.-
the
668,420
and
taxes
operating
Net.
—V.
159,250
——
—V.
p.
676,126
inc.
Retirement
and
Utility
of
3,300,595
Gross
Income
Net
287,644
142,482
14U.825
50,000
52,500
$301,569
$294,937
acquisition adjs._
plant
income
—
(net)—
——-L—---—
income
Fed.
161,
p.
/.
of
committee
of
consol. rets.
136,913
authorizing
from
York
New
38,645
$179,751
38,630
Power
V.
Corp.—To Purchase Non-
to a declara¬
Public utility
Holding Companv Act of 1.935 by Central New York Power Corporation,
a
public-utility subsidiary of Niagara Hudson Power Corporation and of
the United Corporation, a registered holding company.
Notice is further given that any interested--person may, not iatei
than June 4, 1945, at- 5:30 p.m., EWT, request the Commission in writ¬
ing, that a hearing be held on such matter, stating the reasons foi
and
the
that a post-effective amendment
this Commission pursuant to the
nature
of his
first,
the Rules ana Regulations promulgated pursuant to said Act. or the Commission may ex¬
empt such transaction as provided in Rules U-20 (a) and U-100 there¬
of.
Any such ^request should be addressed: Secretary, Securities and
become effective
as
provided in Rule U-23 of
•<
•
1.211,340
1,174,608
721,456
1943
$203,619
$0.68
$0.87
of
&
Shore &
,1 ->;
t
Aug.
the
J.
Milwaukee
Trusteed
RR.
for
of
the
called
by
161,
the
a
issue
new
stockholders
of.
ap¬
replaced
by
$13,-
shares
of
preferred
new
752,399.
As
S.
presently outstanding 6%
which they now hold.
of
redemption.
the
debentures
of
-
provision
against
result
a
the
A.
the
headed
can
show a
1943.—V.
161,
764.
p.
opening
the
of
$3,000,000
new
President
Harry
Mo., and the rerouting of trains into
Depot, the Rock Island Lines cut one hour
of the Golden State Limited. all-Pullman train
Union
effective on June 3, it is announced.
built in conjunction with the Milwaukee Road.
was
Martin,
Island's
of
Traffic
Passenger
roadbed
schedule
new
$12,000,000
a
track
and
of
Manager,
is
made
the
on
further
possible
relocation
Golden
State
announced
also through
involving
program,
route
that
partial
miles
100
projects,
two
the
leasehold
owner
the first mortgage
(formerly Superintendent
of
the
are
Wagner,
Quillinan,
second
and
third
mortgage
charge of each district, effective June
1,
by
the
W.
Hillis,
H.
Under
between
third
and
mortgage
the
officer
operating
plan,
new
Manager
of
the
Missouri.
G.
second
Both
the Rock
Island
Daven¬
Mr.
for
W.
York State on July 24,
and
p.
Mr.
Morrison,
that although
reorganization in
necessity
of
another
Trust
it was
announced
May 31
on
road.
and
with
Mr,
headquarters
Franklin
Kansas
in
have
City,
officials
been
of
called
100
for
and
trustee,
Co.,
redemption
414 %
sinking
interest.
16
Sept.
on
Wall
St.,
New
1.
will
series
D,
made
at
be
York,
$378,000
next,
bonds,
fund
Payment
Y.—V.
N.
Total
the
Co.—Earnings1945—2 Mos.—1944
sales
1945—3 Mos.—1944
$3,295,276
$3,367,355
2,743,163
2,953,531
4,174,142
expenses
131,509
125,580
199,739
Prov, for wage increases
39,490
$5,0fe7,693
$4,9b0,127
Cost
a
and
of sales
ting
oper-
expenses
Admin.
&
gen.
4,472,357
:
185,184
-
62,237
for legal, account¬
Prov.
miscell,
ing and
for
bad
Prov.
for
Fed
10,000
&
15,000
1,271
1,179
448
3,377
3,990
5,058
63,216
71,426
94,679
108,361
$303,709
exps.
debts.
10,000
1,592
2,596
Prov.
$202,169
$429,163
$281,284
„
Prov.
for
15,000
State
taxes
are
due
160,
2539.
Childs
depreciation
"
amortization
and
Other
___
profit
Operating
income
2,721
4,067
YY,.. 3,727
$306,456
$204,890
$433,230
$285,012
84,878
61,061
125,249
90,187
$221,578
$143,830
$307,981
$194,825
2,747
________
1
Total
Income
Income
the
Net
deductions
profit
___
„
Consolidated
Summary
Balance
Sheet.
March
8),
1915
Assets—Cash, $3,391,883: U. S. and Canadian bonds, $1,042,477;
receivables, $130,350; inventory, $736,029: other assets, $311,708: fixed
assets
(net),
$8,603,477:
goodwill,
$3,914,771;
deferred
charges,
total, $18,585,641.
$454,946;
HablUtle3, $1,591,346; liabilities of debtor de¬
reorganization,• $5,877,929;
other liabilities,
$316,588:
$4.146,071;
reserves,
'$231,180;
preferred
stock
(37,316
$100 par)
(accrued dvidends $92.75 per share)/ $3..731,600;
stock (324,415 shares, 110 par), $324,415: reserve for preferred
Liabilities—Current
ferred
during
mortgages,
shares,
common
bonds.—V. 147, p. 2084.
total, $18,583,641.—V.- 161,
deficit, $268,077;
S>.
2410.
Clinchfield RR.- -Earnings—
1045
April—
from
Gross
Net
from
Net
ry.
1944
YY 1942
1943
$1,112,159
$1,137,713
585.377
619,421
413,557
income/-.
$1,142,808
512,801
railway:.__
railway
oper.
469,236
502,997
$1,009,797
1574.973
474,891
:
From Jan. 1—
Appointed—
4,865,740
4,865,911
4,519,087
3,919,996
railway...—--
from
ry.
—V.
2,454,298
2.605.799
2,527,225
2,174,135
income...
2,005,791
2,126,791
2,060.451
1,763,695
oper.
161,
v" ' V'
railway.___
from
Gross
Net
p.
1993.
"YY:.
t
has been appointed trustee of an issue
equipment trust certificates.—V.
161, p. 2440.
Cities Service Gas Co.—Acquisition—
Thp
,
,,
•
Federal
acquire
the
Co..
This
Commission
Power
has
j
,■
authorized
comibany t©
Chemical
this
from its affiliate. Cities Service Transportation &
231-mile Hugot.on 26-inch natural gas pipeline.
acquisition of thefic facilities, now owned by the Transportation
operated by Cities Service
effected as follows:
Cities
Gas Co. under a .28-year
Service Gas will (;1> pur¬
for $3,000,000 cash the
Transportation
company's outstanding capital stock, consisting of
30 000 shares of $100 pur value each; (2) liquidate the Transportation
company
whose only function is to own the facilities involved, acquire
its assets and
their recorded cost less depredation, and assume **
liabilities,
and
(3»
redeem the Transportation company's debt to
Empire in the amount of $7,200,000.
Cities Service Gas Co. reported that as of Feb. 28, 1945, the cost of
,
company
lease,
will
and
be
chase from
slight profit provided the operating costs are not
160, p. 2292.
of
years.—V. 161, p. 2440.
mortgage
at
period End. Mar. 31—
1934.
stated
ref.
1962,
1,
Banker
mortgages.
underlying the
secretary,
are
Raney
district,
Raney
several
has
company
first
Sept.
bonds
bonds
completed,
Chicago & Western Indiana RR.—Partial Redemption
of
& Tennant
leasehold
been
will be General Manager of the
district, with headquarters in Chicago, and C. L. Franklin, General
first
Chanin
leasehold
have
a
reorganization of the operating department, Rock
Island
the rnllroad will now be divided into two districts instead of
with a general manager and an assistant general manager in
three,
leasehold
Wagner
which
of
Operating Department Reorganized—
With
protective
a
relocation
Lines,
for
Manufacturers Trust Co.
increased.—V.
with $8,425,959 for
were
$1,662,602 in
time
bridge
D.
new
by
A
/road
was
prop¬
being constructed to reduce curvature and grades, permitting increased
passenger speeds and heavier freight tonnage in that territory.
at $9,750,000 of which $4,200,000 represents
$5,550,000 represents the building.
The land is not
1%%
net
in
investment
Chicago and Los Angeles,
The
2216.
$2,500,000
of
of $464,774 for 1943.
compared
as
The
1944.
lor
amortization
$8,991,393
were
the
running
Rock
of
of
City
completion
little more than 10 yars after the
proceeding will afford an opportunity
p.
for
Bridge at Kansas City,
Kansas
off
preferred
and
underwriters
1312.
p.
t
•
income of $471.35.1
net
a
•revenues
as
The new
known as the Chanin Building, has been assessed
the
made
1932.
without
Truman
the
purposes
regretted
1944
Chicago Rock Island & Pacific Ry.—$12,000,000 Relo¬
cation Program Partially Completed—
the aggregate amount of $5,642,500.
The bonds had
pursuant to a plan of reorganization approved by the
and
the filing
the
$7,228,639, against $5,782,608 for the
income before taxes amounted to $1,514,140, against $1,437,450 for the previous year, with gross income of $1,-
preferred
new
shares
for
group
a
Corp.,
second
The
be
to
for
a
plan of reorganization
by John B. Gallagher
earnings report, the first
public since the company went
lollowed
trustees of
statement
by Federal Judge Michael L. Igoe
suggestions
oi
action
1943.
Operating expenses
preceding year, operating
Chicago Aurora & Elgin RR.—Continuance Urged—
report recommending the continued operation of the company was
filed May 31 before Federal Judge John P. Barnes at Chicago, Arthur
L
Schwartz, trustee, announced.
Mr
Schwartz was appointed trustee by Judge Barnes, following a
petition filed April 27 which sought to place the road into bankruptcy
under the Chandler Act.
On April 30. Judge Barnes ordered Mr.
Schwartz to file a report, stating in full the financial condition of the
line ana a report on the desirability of continuing operations.
The line has been
in equity receivership since July 21, 1932, with
A
A
Sprague and Bernard J. Fallon as receivers.
Mr
Schwartz stated in his report that continued operation of the
%
has been set
1
filing
This
Quinn,
Empire Gas & Fuel Co., its parent,
"i
....
'
.
.....
.
!
1,712,330
1,023,048
1944
report showed
determined
in
the security
of
160.
The
interest, or may request that ne
be notified if the Commission should order a hearing thereon.
At any
time thereafter such post-effective amendment, as filed, or as amended,
may
1.643,212
862,425
$160,739
receivership in
The
Chapman Valve Mfg. Co.—Plans to Buy Annex—
Olficials of this company have 'announced plans for the purchase of
the plant and equipment now operated by it for the Navy Department.
Under the proposed negotiations, the company intends to use both
the Government-owned facilities and older buildings now in use for
peacetime production, it was said.
However, war orders at the com¬
pany continue to be heavy and it is not expected that the opportunity
to purchase the Government property and equipment will arise soon.—
of
Notice is hereby given
1,518,510
$0.50
stock, $2,734,590;
Callable Bonds—
request
into
1766.
tion has been filed With
such
be
will
100,000
Chesapeake & Ohio Ry.—Trustee
Central
198.774
3.705,555
1945
for
Edward
Net
savs.
330.987
4,409,474
$117,864
railroad.
between
the
if
filed
its
the first mortgage
153,831
$322,966
fil.
:
$333,582
137,039
•
rax
158,437
$460,006
income
deductions
*Incl.
—V.
3,265,048
437,724
'accruals—
operating
*Other income
$4,050,954
taxes
prof,
excess
252,093
4.552,912
taxes.
comprehensive
the
1934 reorganization, the
to reorganize the prop¬
erty and the securities 011 a more equitable and permanent basis.
He
stated that it was the committee's
purpose to bring about a plan
which would prevent, as far as is possible, any further reorganization
of the property and any unnecessary, diversion of income in the future
to
junior interests.
It was stated that the committee intended to
participate actively in the pending reorganization and in any other
proceedings that might develop, and that the committee will endeavor
to effectuate a plan which will fully recognize the senior position of
space
1944
$4,232,369
utility
158.534
2399.
deadline
the
and
stockholders
common
100,000 shares of the
formation
Street
committee's
current
deductions..
reserve
Amortization
land
The
$906,020
.:y?I!4$Y!:Y
of
stock
the
offerings
committee
was
estate
committee
$779,558
revenues
revenue
real
part of
686,987
Central Indiana Gas Co.—Earnings-
Federal
160.
Chicago
for
.,
The entire premises,
$1,593,007
-
12 Months Ended March 31—
Operating
311,542
4.418.814
charges
Chicago, North
1,
issued
the
—
Operating
1942
$936,332
459,401
share———
after
per
N. Geller.
$6,059,000.
for
2106.
p.
on
Announces Formation, Following
Reorganization Proceeding Under
Y:y;
■\yY;'Y'
the
Supreme Court of New
$1,455,684
income
the
to
petition
maturity
been
$1,433,757
122,818
:
deductions
161.
408.570
$1,152,216
1993.
p.
income
The
outstanding
480,000
—
—
Gross- -income
Income
of
591,093
480,000
.
income
(net)
1943
$1,132,883
277,143
from
Earnings
1945 be extended.
The first mortgage leasehold bonds,
which the Beha committee represents, are outstanding in the amount
1,219,715
$1,332,866
accruals_i.—_
reserve
income
profits
excess
the
496,478
569,752
income
Utility
EWT,
p.m.,
(Lexington Ave. & 42nd St. Corp.)—
of
of
42nd
due on Sept.
3,347,466
1,266,487
taxes
Federal
-Earnings—
1944
$980,508
and
stock
proceeding commenced under the new statute.
The plan of reorganization offered with the petition of the Lexington
Avenue and 42nd Street Corp., as owner of the leasehold, provides that
$7,568,509
3,603,595
Maintenance
Other
3
to
value
par
previous state Burchill Act reorganizations and Federal bankruptcy
reorganizations.
It is believed that this is the first reorganization
1944
1945
$7,921,120
—
Operation
General
railway.
Chicago Mill & Lumber Co.- -Earnings—
to
"•
si>,
revenues
Retirement
at
right
the
$100
common
by the leasehold owner pursuant to the re¬
cently enacted.; amendment
to the Burchill Act. 1 This amendment
authorizes the reorganization of securities which were issued pursuant
The
on
12 Months Ended March 31—
Operating
expire
contemplate,
holders
be
Co.—V.
&
protective
Abraham
and
divi¬
quarterly
the 4.10'Y cumulative preferred stock,
series A. together with the regular quarterly
dividend of 32V2 cents
per share On the common stock, both payable July 1, to holders of
dend
of
holders
bonds
consists of James A. Beha
of Insurance of
the State of
New
York 1, Sidney
A. Shaskan, Thomas F. Corrigan,
Robert L. Jones, and Joshua Morrison.
Mr. Morrison, of 20 Exchange
Place, New York City, will also act as secretary for the committee.
corporation in the Fed¬
pending.—V. 161, p. 2327.
represent
hearings
June
on
859,156
.
port, Iowa and Kansas City.
underwritten
Sachs
and
The
Counsel
directors
2,384.045
1,164.172
Quarter Ended March 31—
Building.
Washington.
and
to
Central Illinois Electric & Gas Co.—Initial
The
7,723,131
3,694,69?
1,113,848
Sept. 1, 1945, was made June 2, following the filing of a petition
reorganization in the New York Supreme Court by the Lexington
Avenue
Attorney, has re¬
effective June 1, to resume private law prac¬
and General
Vice-President
O'Brien,
9,758,187
3,266.988
960,587
1945
161.
Net
committee for the
Building first mortgage leasehold cumulative 4% income bonds
Chanin
due
signed from the company,
Mr.
them
4Va %
meeting of the
a
that
exchange
that
expected
will
Announcement
for
H.
2328. :
Operating
announced
5
remaining
giving
new
shares
will
preferred
contemplated
Commencement
Celanese Corp. of America—Official Resigns—
tice
of
the
Protective Committee
.
Matthew
stock,
June
on
to
the presently outstanding'$10,500,000 3%% first
1957, $650,000 of notes due in 1946 and 1947,
New Statute—1
income
Net
Dividends
called
company
Chanin Building
57,784
4,618
chgd.
1
2328.
$4,258,445
140,156
deductions
&
due
shares
also
preferred
18,933
4,164
premium (Cr)
int.
that
115,000
It
$4,239,512
2,340
$333,312
bonds
mtge
the
Unexchanged shares
Gross income
Amort,
Board,
five
exchange
p.
June 5
011
issue,
Goldman,
on
stock,
000,000 of 20-year debentures and
1,500,000
(net)——
income
Interest
Y
Robert N.
stock.
1,789,234-
125,000
revenues-- \Y
oper.
Other
$1,467,439 $18,266,694 $18,184,137
157,634
———
retire, res. approp.
Prop,
corporation. Judge
offer
share
one
of
161,
the
an
preference
for
offer
plans of
mortgage
1945—12 Mos.—1944
1945—Month—1944
Operating expenses
taxes
prior
1945.—V.
of
to be held on July 6 for the purpose
150,000 shares of preferred stock.
prove
$1,551,501
Other
the
Champion Paper & Fibre Co.—Plans Recapitalization
Carolina Power & Light Co.—Earnings—
taxes
10,179,505
2,816,071
w
income.
railway——
Net from railway———
Net ry. oper. income™
Corp.—Exchange Offer—
approved
preference
The
The directors
.
Period End. Apr. 30—
249,142
erty under lease, and compares with a net
Chairman
have
share
prior
cash.
Present
Operating
trustees of
as
Lizars,
cumulative
in
$4
^
Federal
serve
directors
cumulative
on
p.
640,840
303,975
From Jan. 1—
A
New York,
5%
a
1945—V.
to
G.
the
exchange
Stock Dividend—Re¬
June 4 declared a cash dividend of 25 cents per
stock dividend on the no par value common stock,
both payable June 30
to holders of record June 14.
The company
had been paying cash dividends at the rate of 50 cents per share each
quarter, the last payment at this rate having been made on April 2,
and
continue
Certain-teed Products
1944
$9,292,000
Payment—
directors
The
share
Butcher, Richmond, Va., and Carl J. Austrian,
.The court announced an order would be entered overruling a motion
brought by the committee for 7% cumulative preferred stock to vacate
an order of Nov.
15, 1944, appointing Austrian.—V. 161. p. 2106.
of
duces Cash
G.
13,671,599
$8,968,000
—
Mills Co.—To Pay 5%
Cannon
1,061,038
285,783
10,002,670
railway..
railway—Y.
oper.
from
Gross
and $2,285,360
1939.—V.
161,
1939,
Oct.
of
1932
period
Dollard ruled June 4 in Federal District. Court.
$
1945
—
will
2439.
161, P-
851,117
from
in
Robert
1945—4 Mos.—1944
Ended May 31—
10 Days
Traffic
723,785
railway —
Net ry. oper. income.-.
2440.
p.
25,753,427 100,032,465 100,601,420
21,848,861 91,002,093 86,929,821
23,386,362
earnings
Net
^ v\-
-,
26,400.245
——-
expenses
Working-
Y
'
Report—
194$—Month—1944
'
loiO
,
243,112
Income.
161, p.
Net
Central States Electric Corp.—Trustees Retained—
April 30—
-
$1,936,405
Chicago Indianapolis & Louisville Ry.
their
dissolve the road's tax dispute
through payment of a lump
approximately $22,400,000 in settlement of all. claims.
The pro¬
1992.
Canadian Pacific Railway—Earningsperiod End.
^
$2,561,108
April—
1957,
principal amount thereof.
from
year
Co.
due July
the open market from time to
one
—V.
to
of
402,810, comprising
$6,272,865 interest,
442,461
*201,742
from
Gross
pur¬
lQ4T
>
*
$2,540,088
railway
oper.
1044
.$2,516,040
Central RR. Co. of New Jersey—Petition Withdrawn—
$138,566
'
Gross
Northern
to be
bonds
50-year bonds,
the
of
of
Utica
of
mortgage, 5%
exceed
the
Syracuse Lighting Co.
the
to be made in
are
not
to
proposes
Inc.,
and extension
period
1942
*258,037
.
now
Utilities,
and
posed
♦Deficit.-—V. 161, P.
ry.
104^
,
railway/.
From Jan. 1—
—V.
railway—.—
rr—
corporation.
*68,251
from
Net
the purchases to consist of
New
-Earnings-
railway.
oper. income.—
from
Gross
$1,292,000 of Northern
lunding
Jan. 1—
From
fol¬
as
from
*'15,254
oper.
summarized
ry.
$143,321
railway
railway——
income—
Gross
be
may
from
Net
a
Canadian Pacific Lines in
which
due
purchases
Vermont-
proposed,
r
from
Net
Net
of
The
1,923,143
1,079,248
649,698
therein
$3,79_,000 of non-callable bonds,
chased
1,092,932
Gross
Net
New
/
2,581,362
post-effective amendment,
Commission, for a statement of
max¬
247,627
194,104
1992.
161. p.
—V.
$556,268
298,801
railway
railway
—
oper. income...
Net ry.
1942
416,149
from
Net
1943
Chicago Great Western Ry.—Earnings—
April-
to said
the
of
order dated April 23, 1945, which aucorporation to purchase on the open market an aggregate
bonds,
$752,888
from
Gross
1944
.
referred
office
Utilities, Inc., first mortgage
1947, and a maximum of $2,500,000 of Syracuse Lighting
Co. first
mortgage bonds, due 1951, at proposed maximum purchase
prices of lll/2% and 121% of the
respective principal amounts there-
in Maine -Earnings—
1945
■
the
,Thj Fv.EC has a,"ended its
fv,
#
April— ■
Gross from railway
Net from railway—.—._
Net ry. oper. income...
in
transaction
imum
From
file
on
lows:
25,410,000
oi
Canadian Pacific Lines
and L°cust Streets, Philadelphia 3, Penn-
interested persons are
which
34,993,000 136,595,000 139,821,000
28,275,000 114,143,000 114,411,000
27,978,000
oper.
Net
1945—4 Mos.
"
35,752,000
2553
/
.
.
/•
Y
:Y
,
■
'
•
,
v
..
,Y>; /■'../
-
—
.
■
•
Y-Y :
,
*
-
in a
accrued
$10,383,429.—V. 160, p. 1860.
depreciated cost of
shipments
before
Net
Corp.—Bonds Offered—Mention
was made in our issue of June 4 of the offering by Kobbe,
Gearhart & Co., Inc. and Newburger & Hano, of $500,000
15-year 5V2% mortgage sinking fund convertible bonds
interest.
at 100 and
April 1,
Dated
$1,000
of
,
Coupon bonds in denomina¬
to principal only. Interest
at Central National Bank of Cleveland,
part on 30 days noand including April 1, 1946, the premium
each succeeding year thereafter to and
thereafter at par to maturity. Bonds ot
either denomination are convertible at the option of the holder prior
to redemption
into common stock of the company at the following
rates for each $100 of the principal amount thereof: to and including
April 1, 1950, 20 shares; thereafter to and including April 1, 1955,
15 shares; thereafter to and including April 1,-1960, 10 shares.
Reimtour/ement of Massachusetts and Maryland income taxes not exceeding
6%, and Onio personal property taxes not exceeding 5% , of interest
on
bonds and of Pennsylvania personal property taxes not exceeding
4. mills per annum on each dollar of principal amount of bonds. ^Sink¬
ing fund in the amount of $15,000 per annum, payable on or before
April 1, 1946, and each succeeding April 1, in cash or in bonds pur¬
chased with other than sinking fund moneys, taken at the principal
April 1 and Oct, 1
Redeemable at any
and interest to
decreasing by
l/a %
during
including April 1, 1955, and
time in whole or in
trustee.
U.
Fixed
Other
Enamel Co.,
Davidson
of
name
receivable
claims
less
1,655,564
7,966,653
————
reserves—
assets——s.———
——:
-
$22,669,922 $36,650,391
-
contingencies———2,973,637
——
5,000,000
11
3,907,096
stock
:
JDr70,544
2,973,637
5,000,000
6,226,543
Dr70,544
contractual
—
——
obligations—i
\
for
Reserve
stock
Z—
Surplus
Treasury
—.—,—.—
Total
the
of
-
company,
Thornton E.
steel.
namely, the
Stokes, a director,
Balti¬
of the
flatter corporation is also a director of this company.
After the war it is expected that both the company and the Balti¬
more Porcelain Steel
Corp. will so far as practicable discontinue their
concentrate their efforts and facilities on porce¬
items such as washing-machine tubs
'and parts, table tops, bath tubs,
sinks, lavatories, refrigerator liners
and food compartments.
Although the business of this company and
of Baltimore Porcelain Steel Corp.
as conducted after the war are
expected to be substantially similar, except for Veos Tile which is
expected to be produced only by the company, it is not anticipated
% (hat
they will compete with each other for business or that there
will be any conflict of interest on the part of the common management
personnel between the two companies for the reasons that the two
companies have in the past and are expected to serve two geographi¬
cally different markets and the anticipated expansion of demand for
(ne mass-production
items after the war should provide sufficient
business for both.
It is expected that the company will manufacture
tor others and will not manufacture any items for marketing direct.
Company is principally engaged at the present time in the manu¬
facture of tank doors, under the sub-contract purchase orders from
Chrysler Corp. and from Fisher Tank Division of General Motors Corp.,
and
in
heat-treating end-connectors for tank track, under sub-conitract
irom
Horst Manufacturing
Co., Detroit, and Stearns Manu¬
2
•
For the Fiscal Years
sales
of
Sell.,
gen.
May 19——
May 12—
51,618
$297,254
$61,366
9,268
195,122
71,542
intends
• ■ V -
Purpose—Company
v
$27,248
——
,
,
to
use
,
floor
approximately $100,000 for the purchase of dies
(3)
soon
as
>unded
on
Issuance of the Bonds
.
capitalization of the company outstanding as of Feb. 28, 1945,
funded debt and capital stock to be outstanding upon the
issuance of the bonds offered hereby are as follows:
Authorized
5 V* %
mortgage
stock
$5 preferred
Warrants
—V.
to
(no par)
par)
110c.
stock
Common
1960—
10,000 shs.
Columbia Broadcasting:
as
class
a
p.
\-/%
1994.
>/>..■■
subsidiaries
Indiana
Southern
2
postponed
Ohio
postponement on the grounds that it and the
ments
the
of
Corp., holder of
the,
light
the
of
own
19%>
.of
opposition
United's
to the Columbia
plan, the possibility
which
"Substantia]
progress
in the process of exploration already has been
made," Columbia stated, "and the Columbia management is actively
at
possible alternative steps, which will re¬
quire additional time to study.
It will make for expedition in the ulti¬
mate consummation of a plan li the hearings are adjourned."—V. 161,
in
p. 2441.
developing
various
'
are
preferred
common
new
a
a
share
of
stock,
In
so-called
Edison
be
8/1000
In
the
of
from
shares
Co.
and
and
each
and
Central
distribute
that
not
able
of the
a
of
opposition
to
the
eost
of
out,
"packets",
Illinois
5.15
$3.50
to
of
common
Indiana;
share
for 8/1000
of
Ohio
and
of
It
would
and
found
would be reflected
:
'
■
;
Commission
of
extension
>/■/.;
areas.
supplying service
in the Westchester area, the opinion
considerably from costs in Brooklyn and Queens,
difficult, the opinion continues, to establish uniform rates,
be
approval
burden
of
the
might
merger
result
the
in
one class in favor of another.
Rates in Westchester range from 95 cents for the
of a
imposition
upon
first 10 kilowatt-
a kilowatt-hour in excess of 150,v* In Nkw York
the comparable rates are 90 cents and two cents a kilowatt-hour
Z'hours to two cents
in
of
excess
125.
OP^ting economies .claimed for the plan have already been achieved
through
and
1
parent
whatever
ir,oni
Electric
•
control
the
Consolidated.
might
Edison
Total
be
of
the
result
would
achieved
York
New
and
assets
claims,
the. Commission
subsidiaries,
economies
Brooklyn
of
mer8'er
into
of
additional
Queens
&
companies are
three
approximately $1,250,000,000.
Output, of Electricity—
as
/
™mPan>. • JPha-: 6, have
f
■'1
electricity
announced System output of
(electricity generated and purchased) for the week ended June 3, 1945,
to 153,600,000 kwh., compared with 164;5C0,000 kwh, fox'
the corresponding week of
1944, a decrease of. 6.7%.
Local distribuamounting
Co.,
.
the
.
electricity
kwh.
zuu.OOO
4.5%.—V.
for
161,
amounted
the
p.
to
153,000,000
corresponding week
kwh.,
of
last
compared with 160,year, a decrease of
2441.
Consolidated
■Being Made
Z.7
shares
of.
a
sum
trust
redemption
July
on
immediate
1,"1945,
of
payment
-Z
new
future
of
a
Ohio
net
that
said,
the
of
would
Years End. Apr. 30—
k
Edison
and
1945
Prov.
of
a
fair and equitable
applicable to the securities
average
Federal
was
for
profits
tax
interest,
due
Aug.
1,
1957, for
states
company
the
price/together
with
would
&
$3,354,380
2,416,325
2,369,487
1,729.320
386,447
472,393
400,524
$1,169,588
$1,224,536
6,283
6,289
3.446
depl.
Balance
.«■
.Other
■
income
Gross
Z
income
$1,113,549
Net
the*
311,419
323,370
$844,457
$904,612
;
income
permanent and there was a "substantial possibility" of favor'-)'
refinancings of some of the subsidiaries' debt and preferred stocks.
$1,175,877
293,542
$820,007
Income deductions
be
Jay Samuel Hartt, consulting engineer for the company, estimated
1942
1943
1944
$1,107,266
depr.
$17,700,000 yearly since
excess
series,
redemption
$4,011,468
stock
Consumers-
16/10,000
6%
and
$3,910,038
be
"
common
of
full
Consolidated Gas Utilities Corp.-—Earnings—--
of
new
stock.
the plan
income
present
of
common
100
stock
share
":•%
>,
shares
share, of
common
conclusion
that
33,673,328
bonds,
at
the
nr«'i,e? ,mterestJ t0 July 1. 1945, will be made at any time upon
p 2441
al Burrender of any of the called bonds. Sec V. 161,
shares
Commonwealth's
latter
$2,000,000 of Called Bonds—
trnnnTft16#1''011, with * the recent announcement of the calling of
of collateral
tnat
'
common
of
Payment
Electric & Gas Co.—-Immediate
on
$2 000,000
stock
new
Edison;. 206/1000
206/1000
in cash.." The
of
common
Commonwealth's
Commission
the
differs
points
Co." into
'share of Commonwealth's i,482,000
of
Commonwealth's
arriving at the
SEC
Steam,
company are
for the benefit of other
ofZ Southern
z ,.yy'' vy.
being distributed might be expected to
the
York
New
Lighting and Yonkers Electric with Consolidated
of gas and electric company mergers
"where the public interest dees not dictate such approval."
Such
companies render competitive
services, the Commission added, and
when conditions are dissimilar inequaltiies in rates and services are
hkely to appear, With the result that some areas may be burdened
its
Pennsyl¬
'.-
from
accrue
merger of Westchester
stock
Light
.
Illinois-Light
•
Central
$2.75
exchanged
of
share of
'
would
with adequate rate and service regulations," the Commission stated.
The Commission cited aas its reason for disapproval of the plan
.
Edison following certain
the board of directors.
share
Each
which
economies
of
holds that the
dissimilar from the other companies in
the Consolidated system.
"The advantages of merger (relatively small
-savings in operating costs) are more than offset by the interference
"Northern"
Co.
of
case
v
fixed by
■would
the
functions
few months
shares
1.03
Southern
and
.common,
consideration
and
to justify
savings would amount to $900,000, and the balance
tower administrative :costs.->/V;:•■";%/:'/>>»:
The company would issue 8,979,234 shares of its
common
of
Brooklyn,
elimination of the subsidiaries.
According to testimony of Ralph H. Tapscott, President of Consolidated Edison, the merger would effect a saving of more than $2,000,000
within
a
year
after such unification was completed.
Income tax
)"%y:•')"%
v-Z'ZZZ
;
the
and-Ohio
Co.
1,795,847
yy%:
Consumers;
Unification ) of
P. S. Commission rejected, June 6, the plan of the
merge with its five subsidiaries, New York Steam Corp.,
Lighting Co., Yonkers Electric Light & Power Co., Brook.
to
merger
City
stock
common
preferred stock would be exchanged for 1.03 shares of
.of
of its common slock, "have held meetings
modifying the present plan so as to develop a program upon
and United cculd agree."
the' present
the present
subsidiary of Ohio
a
Electric
follows:
as
of exploring, in view of recent substantial improve¬
market for securities of public utility holdings and in
Columbia
work
into
and
359,170 shares each.
purpose
in
Electric
&
became
Co.
Gas
—
of Commonwealth
stock
Edison
Indiana
common
Columbia requested
United
the
.
Delays Hearing
from
for
for
1T%
Co. v (Mich.), J Central; -Illinois
Power
Gas
Plan
York
New
stockholders
the
appro-
ago.
Thus all of the existing
would-, be eliminated and, the com¬
pany would be left with five utility- subsidiaries operating in Georgia,
Mississippi, Florida, Alabama and Southern Carolina. *"
- V"
• •
v.
v
Before
making the distribution, Commonwealth would take legal
action
to
change the common stock of Consumers Power Co. and
,Compupy Act of 1935.
for
Co.
Power
Details -of Exchange—Each
June
on
85 %
of
distributed
be
to
utilities—Consumers
l>y ;>->■'
June 5 to July 17 the recon¬
vened hearing on corporation's plan for divestiture of properties and
corporate simplification to comply with the Public Utilities Holding
SEC
basis
remaining
y/y'.'>■'/y.;'• :;^z.,-; ;V".^
class.;
vania
Plan—
The
the
readjustments completed
System, Inc.—New V.-P., Etc.
Gas & Electric Corp.- -SEC
Columbia
on
161,
the
on
and
Merger
/ accounts and records of the three utilities.
The principal consideration in a plan of merger, according to the
opinion, is whether the plan is in the public interest.
Also involved
are reasonableness of rates,' adequacy of services, interests of minority
sider what further action should be taken in these proceedings."
The
plan provides
for a distribution of common stocks of four
subsidiaries, and of shares of Commonwealth's own new common stock
in
exchange for the outstanding preferred and common stocks of
Commonwealth
6,000
$17,690
lyn Edisop Co. and N.ew York & .Queens Electric Light & Power Co.
Milo R. Maltbie, Chairman, who rendered the Commission's opinion,
said, however, that unification of Brooklyn Edison and New York &
Queens Electric with the parent company might be approved if the
three companies set forth more precisely the rates which would be
charged and the proposed adjustments which would be made in the
is "fair
Commonwealth, for court enforcement.
"If the amendment's
are
not
made, or if the plan does not receive a favorable vote of
stockholders," the Commission's opinion stated, "we shall then con¬
83,500 shs.
Vice-President, has been named General Manager and
a
director.
Joseph
H.
Ream,
Vice-President and Secretary,
and
Frank. K. White, Vice-President and Treasurer, also have been elected
board.—V,
The
company
approve
said,
40,000
$128,677
depletion
2644.
p.
Westchester
the plan after it has been amended,
it would make application, pursuant to the re¬
stockholders
before
Rejects
necessitating the filing of minor amend¬
reservations,
Commission
the
716,500 shs.
purchase common stock._
2106.
3a',309
-Queens Concerns May Be Approved—
quest of
3.499 V4 shs.
1,000.000 shs.
.—_
....
the
160,
sion
'
"
priate step toward bringing Commonwealth into compliance with
integration standards" of the Public Utility Holding Company Act.
The
161, pp. 2440 and
the
abroad.
corporations
leading
ments of its one-stock recapitalization order of April 9, 1942;
and equitable"
to the company's security holders and is "an
,
,a
Frank Stanton,
'to
—V.
SEC on May 31 approved the recapitalization plan filed
by the corporation.
•
■
■
/
■
The plan, the Commission agreed unanimously, meets the require-
$500,000
$500,000
certain
income
Net
and now has some 200 licensees consisting of practically
members of the Industrial finish Industry in the United
many
—
Estimated Federal income taxes
the
preferred
•
$23,690
income
Net
ago
and
With
Outstanding
fund
sinking
due Apr. 1,
convertible bonds,
$168,677
Z
—
.in
corporation
the
ments,
and equipment,
the
15-year
lioei
capitalization Plan—Only Minor Amendments Required
to working capital.
Capitalization
and
Debt
of
If
Tlu
1944
$119,724
45,765
81,788
25,691
Commonwealth & Southern Corp.—SEC Approves Re¬
to its main
'
and
years
States
'for table tons) and four smaller
as wartime restrictions are lifted.
The remainder will be added
(4)
properties.
these
all
including two large stamping presses
presses,
>1945
$287,399
above——.,
period's expenditures shown
rent
Depreciation
Chairman
Jr.,
Toulmin,
A.
H.
new
six
•
to build a second addition
wartime restrictions are lifted.
$60,000
Approximately
(2)
Buys
O.
Dayton,
Engineering,
has also acquired the many licenses already
existing betwen its predecessor and the leaders of the industrial finish¬
ing industry representing many of the major units in the paint and
varnish field.
Z
Z
Z
Commonwealth Engineeering owns New Wrinkle. Inc., which under¬
took the mass licensing and merchandising of Wrinkle Finishes about
The
space.
Clyde plant, as soon us
V
•'
—
> 11,24 4
acquisition by this company
of New York City,
acquire
(1)
of
J:
income
exploration and development expenses—
Amortization cf mine development net of cur¬
.
of the board, has announced
of the 50 patents of the Chadeloid
dealing with wood stains, opalescent
lacquers and varnish removers.
Many of the" inventions of. ttje late
Carleton Ellis arc covered by the patents transferred.
A new com¬
pany,
the Chadeloid Corp., of Daytoy, Ohio, has beeen formed to
'
■
redemption on July 2, next, 307
preferred stock, at' $100
Actual
2329.
p.
Colonel
the
$70,408
$32,990
$27,695
the net proceeds ($456,500) as
Approximately $90,000 to build an addition to its main Clyde
plant, which will result in a net increase of about 30,000 square feet
tor
Consolidated Coppermines Corp.—Earnings—
Net
Chemical-Co.,
18,555
—
>
.
outstanding shares of $4.75 cumulative
its
Quarters Ended March 31—•)
.
12,258
19,108
161,
Commonwealth
$58,509
31,724
——
/Famous Patents—
6,782
5,695
•
1.3
142,848
taxes on income
Net income
follows:
184,756,000
•$51,726
30,354
•
$104,487
charges
Federal
•
123,586
$31,012
14,634
income
Total
,
232,913
$245,636
income
Other
187,126,000
2
—V.
1942
38,557
'C
;
share and accrued dividends.. Payment will be made at the Many.
facturers Trust Co., 45 Beaver St., New York, N. Y.—V, 160, p. 2540. •
7.2
$1,318,453
1,123,878
$89,852
& adm. exps.
Operating profit
Other
$2,908,039
2,429,490
$1,062,893
934,483
„
through
per
1.5
183,759,000
End. Dec. 31
'1943
$872,486
-717,888
1944
Feb. 28,'45
sales
Cost
185,291,000
196,999,000
Stated Periods
Summary for
2 Mos. End.
Net
177,602,000
188,020,000
Adrian, Mich.
Earnings
1.3
179,851.000
May 26_.
June
'
facturing Co.,
i'945,
l,
Consolidated Edison Co. of New York, Inc.—Commis¬
Electricity output of the Commonwealth Edison group of companies,
excluding sales to other electric utilities for the week ended June 2,
1945, showed a 1.3% increase over the corresponding period last year.
Following are the kilowatthour output totals of the past four weeks
and percentage comparisons with last year:
1944
% Inc.
1945
Week Ended-
finishing of mass-production
lain
161, p. 1540/
called
has
corporation
The
of
Output—
Commonwealth Edison Co.—Weekly
jobbing business and
.
July
on
Consolidated Cigar Corp.—Partial Redemption—
for
price
call
redemption
lor
.
Vice-President and sales "mana¬
of the company, is also a director of and Vice-President of
more
Porcelain Steel Corp., and Eugene R. Farny, a director
called
been
Preferred Stock
stock,
preferred
new
tha
2441.
161, p.
13.—V.
June
have
There
propose
between .the
cash
approved
operation of the sinking fund, $19,000 of first and general mortgage
3% series B bonds due 1967 at 102 and interest.
Payment will be
made at the Hartford National Bank & Trust Co., trustee, 777 Main
with proper adjustments to be made in
the old stock and the offering price
of the new stock.
"
•
•'
A
registration statement in respect to the exchangtf" and sale of
the new preferred stock has been tiled with the SEC,. ;;...
It is planned to have the new stock offered for public subscription
about the middle of
July through a nation-wide underwriting group
headed by Kidder, Peabody & Co. and The First Boston Corp., both
of
New
York.
Uporh completion of the proposed program, the net
invested
capital
of
Commercial Credit Co. will be in excess of
$80,000,900.-—V. 161, p. 2107.
the
of
30
Connecticut Power Co.—Partial Redemption—
will vote July
presently authorized, issue of preferred stock.
to sell $25,000,00G of the new preferrd stock
With a lower dividend rate than the 4'/4% on the $12,193,800 presently
outstanding .cumulative convertible preferred stock, which it is pro¬
posed shall be redeemed at $105 per share plus accrued dividends to
date of redemption.
The holders of such stock, however, will be given
an
opportunity, for a brief period, to exchange their shares for shares
directors
The
and ento that
application of porcelain finishes on
ger
record
of
take the place of the
the only stock of that corporation presently outstanding
titled to vote) the business of which is substantially similar
ing
stock.
16 on authorizing a new preferred
stock issue of 500.000 shares of $100 each, or $50,000,000, which will
'
.
preferred
2399.
p.
stockholders
The
•
,
160,
Commercial Credit Co.—To Issue New
May
on
of $1.25 per share on the company's
The distribution will be made on June 27 to holders
payment of a dividend
Street, Hartford, Conn.—V
finished items.' Until 1938 the principal
business of the company was in the overflow volume from the Indiana
company,
but in addition the company developed a relatively small
'
volume of other Jobbing business for such items as signs and architectural porcelain.
In 1938, the management decided to change the char¬
acter of the company's business from a seasonal "stand-by" and small
volume business to a mass-production business, and the/Company con¬
tinued to develop along those lines until war-time restrictions were
placed upon the manufacture of civilian goods.
Company's principal
•office and plant is located in the City of Clyde, O.
An
aggregate of approximately 25%
of the common stock of the
company (being the only stock presently outstanding which is entitled
to vote for the election of directors) is owned by R. R. Trubey, Presi¬
dent.
Mr. Trubey is also President and owns a majority of the com¬
mon stock of Baltimore Porcelain Steel Corp.,
of Baltimore. Md. (beother porcelain
Commission
Exchange
and
Securities
proposed
$22,669,922 $36,650,391
'
—V.
Preferred Dividend Authorized—
1,668,276
136,094.
reserves
taxes
Deferred
served for the week ended May 31, 1945 amounted to 247
compared with 236,506,900 for the corresponding week in
increase of 11,076,080 or 4.68%.
as
an
The
331,300
207,292
1,035,851
100,000
Accrued
Ohio Oct. 24,
which name was
—— --
——
accruals and
Miscellaneous
the present title June 16, 1943.
Company was originally
organized for the primary purpose of providing t4stand-by
tacilities
in the peak seasons for Davidson Enamel Products, Inc.
(Ind.), on
porcelain finished food compartments used in electrical refrigerator
and
582,980
$8,000,000 ^19>900,000
1,516,583
2,385,085
-t
loan
payable—"V"
payable
Accounts
changed to
cabinets
this
of
1944,
Notes
kilowatt hour , output of electric energy of subsidiary
corporation adjusted to show general business conditions 3
weekly
The
territory
'
—
Weekly Output—
«£'2«o
92,728
'
110
Commission's ruling.
4,332,142
MO,977
—
,
•
13,759,489
.
3,652,582
181,617
————
profits tax post-war credits
excess
Total
2,193,506
——
——————
assets,
Federal
$4,880,676
2,188,530
—i—Urooom
receivable----—-—
2,791,574
4,6JJ, /uj
notes
sundry
and
Capital
the
under
$4,092,425
tax series C
Treasury notes,
8.
23,'44
Apr. 22,'45 Apr.
Inventories
Business—Corporation was incorporated in
History and
3933
•
.
securities—-
Termination
thereof.
amount
,
1
Accounts
105%
at
tice,
Sheet
Assets—
Cash
Marketable
payable
„
>
tLoss.
Balance
^in
Allowed—Commonwealth was allowed 15 dav*
in which to file the amendments, which would require the eiJT
of
a
new
board of directors of Commonwealth within a
10n
time after the distribution, of 75%
of the new common stoek ^
endowing of the new common stock with the right of cumnict- e
voting in all elections of directors, and amending the charter*
Consumers and
Southern Indiana to give the preferred stockhnin
of each the right to elect a majority of the board of directors Jin
defaults aggregating one year's preferred dividends.
up011
The
amendments, together with others not adopted bv the r
mission, were suggested by the staff of the SEC's public utiiSi
division, and Commonwealth's counsel, in their reply briefs indirat
the company's willingness to accept the amendments ordered in ti
$299,831 t$l, 100,580
surplus——
Balance,
Condensed
1345; due April 1, 1960.
and $500, registerable as
263,359
credit—
net of post-war
taxes,
Fed.
for
Prov.
t
net in
Are
Fifteen Days
169,555
$563,190 j;$l, 100,580
taxes-u————_——.~T—.
income,
Net
estimate of Commonwealth's prospective
000,000 as a fair
}Z/;Z>:'April 22/45 April 23,'44
%•.
Period-—
Clyde Porcelain Steel
tions
prospective annual consolidated net income at $24,708,000 whiu
r.
Whiting, President of the company, testified he considerPa
Colt's Patent Fire-Arms Mfg. Co.—Earnings—
V J/'-'))./.. 'Jan. 1 to
Jan. 1 to
and
Transportation company's facilities amounted to $10,700,757,
depreciation and amortization was $317,328, resulting
(he
the
Monday, June li,
194s
CHRONICLE
COMMERCIAL & FINANCIAL
THE
2554
Balance Sheet, April 30,
Assets—Property,
plant
and
equipment,
$1,227,982
$2,758,672
1,425,895
391,212
$941,555
10,390
$951,955
353.803
$598,152
1945
$15,779,771;
intangibk
|
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4393
161
Volume
$842,964; investments, $9,914; cash in banks and on hand,
S. of America Treasury savings notes, series C, $312,252;
of America VA% 'Treasury' notes, series C, 1947, $125,651;
„'counts receivable (net), $368,451; indebtedness of employees, $3,958;
Crown Drug:
142* U.
«Q43
Sa*.es
—V.
inventories, $209,275; deferred charges, $81,255; total, $18,656,633.
liabilities—Capital stock,, $886,027; funded debt, $5,612,000; accounts
.livable, $156,726; accrued taxes (other than Federal and State taxes
nn income),
$52,574; interest accrued, $61,961; miscellaneous accruals,
<11241; provision for Federal and State taxes on income, $513,941;
consumers' deposits, $183,544;
depreciation and depletion reserve,
<4 628 137;
contingencies and miscellaneous reserve, $213,599; main
extension deposits (refundable), $496; contributions for extensions (not
^fundable), $6,141; capital surplus, $3,375,368; paid-in surplus, $8,378;
earned surplus, $2,946,500; total, $.18,656,033,—V. 161, p. 2329.
1944
C"
1945—Month—1944
End! May 31—
Feqeral
This
161,
—V.
30
period End. Apr.
reported."
G.
W.
Miss
the
income
pivs.
8.300,189
J.
389,886
4,673,370
285.389
3,424,818
3,424,819
$300,565
$337,378
$3,630,705
President,
Management
&
Secretary
and
Treasurer.—V.
corporation—new owners
this
Corp.—
of
$28,986
395,000
348,000
1,305,000
876,000
3,019,000
462,076
456,513
1,691,222
and
$680,127
$702,619
$2,338,581
$2,393,281
8,893
revenue
5,231
34,919
its
of
just
General
manufacturing
rapidly
as
will
Manager
$707,850
$2,373,500
mortgage
be
Jack
$490,836
$1,555,251
161, p. 2441.
for
the
112,503
450,012
L.
H.
ing,
6%
to
stock,
of
and Samuel Yatnin as Assistant
appointment of Leonard Schneider as Director of
the
of
recording
plans
to spend about $1,750,000 to fte. the
plant ready for refrigerator production but revised pians^
more than $2,000,000,"
he stated.
.
in
made, Mr. Cosgrove said, for large extensions on
sides of the present plant, with a new office
are
and
front
south
of
the
both the
building
plant.
Vice President in charge of purchas¬
Crosley's
ally,
and
war
grove
not
added.
will
production
taper off
gradually, according to
the
to divert its efforts gradu¬
peacetime manufacture, Mr. cos¬
thus enabling the company
from war to
suddenly
~
'
$11,000,000 worthy of war
goods and that
promises to be our peak month, v he. Said,
. a
e
months ago, the products we turned c.uf in March would have heen
valued, at. $15,000,000 but production efficiency has reduced costs xo
Oie Government So that we received only $11,900,000 for them.
;.i
.Gradual cutbacks and-termination, of certain contracts will
.IP
the
tanering-off of the company's war" production, month by moncn,
>
"In March.
until it
Mr.
is
As
Cosgrcve
said.—V.
about $5,500,000
down to
to be
161,
p..
1314.
161.
\The
directors'
June
on
declared
4
a
cash
and
on
—V.
160,
Oct.
p.
20,
2644.
1944,
*
-
■•••
No
'
'
cash
-
http://fraser.stlouisfed.org/
t
Federal Reserve Bank of St. Louis
dividends
Dividend
cents per
holders of leco
made on April
,on Jan.-20,
paid during u**-
dividend of 10
were
2442.
P.
\
.
the
will
plan.
2.202,090
will
common
have
ex¬
$32.25
receive
share
per
rate
five
of
dividends
in
approximately
85%
of
the
shares of
new-
preferred.
of
*
stock
common
will
share of
a
intangible
consolidated
receive
new
about
15%
of
each
for
common
the v
present
result
be
assets
balance
and
sheet
making certain
of
the
other
Associates
adjust¬
and
consoli¬
be
adjusted In the total amount of $46,179,228.
of this write-off, the present consolidated earned
surplus
eliminated
earned
and
future
surplus
dividends
accumulated
will
be
after
limited
Dec.
31,
the
to
con¬
1944.—V
101
2442.
p.
Eastern Stainless Steel
Quarters End. Mar, 31—
Profit
Fed.
after
(inch
tax)
&
taxes
•
1
excess
State
1943
1942
$574,932
$350,275
income
(estimated)
25.7,514
$98,151
$123,226
$190,331
$0.56
$0,47
$0.58
$0.91
form registerable
" ■
"
160,944
2331.
p.
Operating
Operation
451,707;
82,500
$117,593
...
profit for periodEarns. per com, share..
161.
1944
$351,660
prof,
Net
-rV.
Corp.—Earnings—
1945
$200,093
charges,*,..
revenues
Subs.)— Earnings-
(&
1945—Month—1944
$957,394
...
1945—12 Mos.—1944
$961,104 $11,639,313 $11,32R,238
544.835
548,493
6,910.8.93
6,554,644,
Net
oper.
51,597
47,437
602,454
483,801
167,843
168.848
1,753,772
1,885,904
$193,117
$196,324
25,129
$2,372,192
$2,403,887
25,126
311,438
308,638
$218,244
(inch
$221,453
$2,683,631
$2,712,525
-
inc.
tax.).
revs
Non-operating
as
inc.(net)
Balance
Retirement
Int.
-
«fc
accru..
res.
61,800
63,260
735,765
759.100
$156,444
$138,193
$1941866
$1,953,425
36,180
36,163
442,576
498.127
3,615
5,180
17,050
$116,648
income
Gross
$116,844
$1,488,239
amort,
deductions
Miscch
.to prin¬
Balance
Preferred dividend deductions:
Applicable to. minority int,
Applicable to E. U. A
Earnings
Ry.—Earnings1944
1943
$206,861
railway—
$267,666
$215,505
$118,830
48,739
44,035
*23,905
63,247
60,557
2,790
railway-.-!*.--
16,039
income--_•
42,882
oper.
*
B. U. G. & E. Co.
22,221
$1,433,077'
77,652
77,653
20,746
20,161
1,389,842
1,335,264
$1,389,842
$1,335,264
,
Total
971,494
railway!..*.--
188,983
income..:*
288,402
''Deficit.—V.
161,
1,097,472
227.504
303,282
1,048,344
755,621
320,440
166,719
373,465
Expenses,
& Raynolds
stockholders
from
membership
W.
Clarence
Roy
Plum
A.
12
Co.—New Directors—
the board
directors:
division),
1995.
during *1944
-
div.
Shares
48,917
51,291
$525,124
$515,085
requirement-!^
270,097
dividends^262,500
225,000
262,500
225,000
225,000
262,500
262,500
standing
Earnings
—V.
stock
out-
(no par )!T_
per
share!-!-
700,000
$0.39
700,000
$0.41
700,000
700,000
$0.43
$0.41
as
$125,000 of Bonds—
■
have been palled for redemption on July 1, next, $125,000 of
mortgage-serial bonds due July 1, 1949, 1950. 1951, 1952 and- 1953
176 to 300./inclusive),- at 100 and interest.
Payment will be
made at the American National Bank & Trust Co., trustee, 33 North
La Salie Street, Chicago, 111.--V.
159, p. 2414.
.*
There
first,
(Nos
Ac
Power
The
Light
Co..
1945, the System inputs of client oper*
Services,
which
Inc.,
Electric Power &
Co.,
compared
as
follows
us
(in
with
thousands
of
subsidiaries
are
Light Corp.
the
and
of
Na¬
corresponding week
kilowatt-^oUrs),
Lncreufe
-~
)045
1944
167,442
165,873
Corp..*.*,
92.166
92.506
*340
*0.4
Light Co.,,.*,*
98,508
95,123
3,385
3.6
Light, Co..*_..
Light
&
above
figures
appearing
do
include
not
in both
Amt.!
1.569
Pet.
0.9
r
the
system
inputs
of
any
periods.
:
Executive
services
officials
with
to
and
Ekco
share
on
engincecring
connection
The
June 4 announced appointment
Vice-President and F. C. Gardner as
company
Company
Great—Calls
V
Inc.—Weekly Input—
May 31,
Ebasco
Light
ware
Power
Charge, of
Aquinas and Domin¬
of St. Albert the
Province
A
Power &
the
construction
and
stated
that
expansion
industrial
Share
^.
Fathers,
of
Oficials Promoted—
The
Bond
Dominican College of St. Thomas
$1,422,608
.
"
.
161, p. 1315.
ended
&
companies not
42,055
com.
145,024
$1,447,193
Decrease.
Note
$1,263,737
$510,104
profif!^!!!---A
Common
924,142
1943
$1,332,761
?58,<20
*
1942
$495,097
.
Pref.
1944
$1,476,301
$1,567,632
151,780
Operating Subs, of—
American
National
(& Subs.)—Earnings—
1945
Earns, from all sources
$1,737,512
Federal taxes, etc.—1,206,336
Depreciation
!* 36,079
31—
232,368
$1,598,974
interest.,*
and
Power
Power
Electric
Quarter End. Mar.
...„.w._*r
companies
tional
and Eric Peniston
recently with the armed services).—V. 161, p.
Diamond Match Co.
A,
'
American
June 4 authorized an increase in
to 15 and elected the' following new
(President of the Beckwith-Chandler
(President of the Truscon division),
U.
209,131
Ebasco Services
on
Slocum
former director
Net
taxes
For the week
*
The
E.
—V. 161, p. 1996,
ating
Devoe
to
257,898
1S95
p.
applic
income
....
Balance
from" railway
oper.
subs,
■
From Jan. 1—
Gross
of
Non-subsidiary
1942
1945
from
Gross
ican
share on the common stock, payable Julv 20 to
June 30.
A cash dividend of 5 cents per share was
last.
Distributions of 5% each in stock were made
The
plan of adjust¬
issued under the
in bearer coupon
Denver & Salt Lake
in December, 1945,
'.r, - ■;■.
(The) Cross Co., Detroit— 10-Cent Cash
present
of
one-sixth
or
which
on
1945.
the
of
subsidiaries will
a
will
Western RR.—Plan of Ad¬
deposit
of
April—
1945. we turned out more than
expected
advantage of
with the debt
Eastern Utilities Associates-
the
for
'
&
cipal, .'in- denominations of $1,000, $500, $100 and $25 and in fully
registered form in denominations of $1,000 and multiples thereof.—
..
present schedule,
1,
Maintenance __.i.
161, p. 2217.
.
certificates
of
New York. N. Y.
Bonds will be issued
(a
He pointed nut that there is room for three more buildings cn
Crosley property in Richmond and that plans are being considered
another building, 1900 feet in length,
$10).
Eastern Utilities Associates
of N. J. and holders of shares of
the capital stock of Lackawanna RR. of N. J. may now receive the
bonds and cash issuable and payable to them in accordance with the
provisions of the plan of merger by surrendering such certificates
of deposit or shares of such capital stock in negotiable form to First
National
Bank, New York,' agent, at its office, Two Wall Street,
planned
Richnu nd
for
(par
being exchanged at the
share
writing off
dated
by merger of Lackawanna RR.
ment
ry.
Plans
stock,
Jan.
Period End. April 30-
justment—
from
north
take
to
proceed
to
proposals of the
issue approximately
will
company
stock
each
common
ments,
161, p. 2217.
Lackawanna
Delaware
Net
call
for
Holders
new
5, announced the election of Milton
this company, David Kapp as Vice-
June
on
Vice-President
office in the' organization.—V.
new
a
Net
had
bonds
proposed
of other
default
preferred
Taxes
V.
for the exuansion of the company s
manufacturing facilities in Richmond. Ind.. in preparation for (he con¬
centration of all Crosley Shelvador refrigerator production there.
we
of
accrued
solidated
Boyle has been elected
planes,
"Originally,
4'.;.
is
prior preference stock will remain unchanged
improvements of a protective character, including,
oi
four quarterly dividends, the right to elect
minor
common
By
Deere & Co.—New Vice-President—.
from
revealed
trust
It
Inc.—Changes in Personnel—
President,
production.—V.
ry.
Cosgrove
the
common
new
450,012
Advertising ahd Sales Promotibn.
Mr, Rackinil will continue to serve
also as Treasurer, tin office which he has held since the co'mpany's
inception.
' ' ," ' *
'"• *
/
"The Decca Distributing Corp., a'subsidiary, announced the election
of Harry Kruse as Vice-President in
charge of branch office sales,
and Brunswick Radio Corp., another subsidiary, announced the elec¬
tion of W.
Trembeth Walker as Vice-President in charge of plant
dor
Mr.
Recapitalization
majority of the trustees.
•
to radio receiver
•
in
outstanding 4)4%
event
$1,541,455
112,503
charge
and
Treasurer,
and is ready to reconvert!
the production of civ.lian
plants in
board
products
the election of trustees except where dividends
the prior preference stock are in default for four
quarterly periods.
The
3%
as
in
President
Net
Crosley
the
of
collateral
independently
plan
new
in
865,713
818,249
217,013
209,322
$479,698
Kapp,
Rackmil
R.
Net
all
the
of
'font
Du
called
and
the
except
.
has called for redemption on July 1, next, $174,000 of
bonds due 1970 at 106Va and interest.
Payment
made at the- Irving Trust Co., trustee, One Wall Street, New
Cincinnati will be devoted
that
Chairman
other
voting rights in
$2,407,168
dividends
mortgage
production, while the manufacture of Crosley Snelvarefrigerators will be concentrated at ihe company's plant in Rich¬
mond. Ind., now engaged in turning out turrets for Martin PBY bomber
disclosed
and
for
and
had
income
Decca Records,
Vice-President and corporation's manufacturing division, who
the
of
Mexico,
office
interest.
of
on
*
Governnient regulations will permit and as
as
and
shares
York, N. Y.—V. 161, p. 461.
available, according to R. C. Cosgrove,
are
been
general
100
Under
The company
first
Crosley Corp.—Plans Post-War Expansion—
materials
in
sales
2442,
p.
share.
Operations of the Canadian plant will be handled through a whollysubsidiary to be organized for the purpose.
The new plant is
being purchased from the Dominion Government.
It is part of a plant
formerly managed by Research Enterprises, Ltd.—V. 161, p. 2330.
goods
general
161,
rctundmg program
Partial Redemption—
,
owned
part
S.
".■■!*"
existing lower interest rates.
13,887
chgs.
deducts'.——
misc.
Net
Coming's third move in the
foreign field during the last two years.
In 1943 the company pur¬
chased an interest in Cristalerias Rigolleau in Argentina," and in 1944
acquired an interest in Vidraria Santa Marina, of Sao Paulo, Brazil.
in order
operations to
have
common
represents
house
W.
to
followed
first
fixed
Holders
its
legal depart¬
Carpenter. Jr..
company's
assistant
company has filed a recapitalization plan with the SEC.
The.
acceptance by
Hoppers Co. of an SEC order directing
dispose of its interest in Eastern Gas.
Hoppers Co. owns 13.4%
of the 6% preferred and 78';
of the common or^Eastern Gas.
A11 important provision of the
plan is the refunding of $25,000,000
1,657,595
$689,020
American plants.
has
the
in
Inc.—Changes in
Plan With SEC—
•
corporation
A„
clusive
profits taxes—
other
Int.,
for the purchase of a
new
plant at
the manufacture of a,
ebmplote line of glass baking wave, the first to be made in the
Dominion, Glen W. Cole, President, announced on June 4.
Operations of the Canadian-plant will be broadened as rapidly as
possible to cover other types of glassware, Mr. Cole said.
This corpo-,
ration has been supplying Canada with various glass products from its
The
special
dynamite plant
S.
of
at
The
has completed negotiations
Leaside, Ontario, Canada, for
development
attorney
an
appointed
Co.,
&
Eastern Gas & Fuel Associates—Files
,852,000
corporation
Canadian
Jr.,
Nemours
2756.
P,
1944
1,034.000
and
The
maturing
Tor redemption on July 1, 1945. a total of
refunding mortgage 7% bonds daied July 1
Payment will be made at- the office of The
Pennsylvania Company for Insurances 011 Lives and Granting Annui¬
ties.
trustee, 15th and Chestnut. Street, Philadelphia,
Pa.—V.
l«o.
.172,000
Approximately 85% of the
Canada—
bonds,
it. to
taxes-
234,515
*
income
.Net oper.
the average market
Corning Glass Works—Acquires Plant in
The
Pont
1933.
a
shares outstanding.—V.
14,120
been
country,—V.
$60,000
2,749.i30
Other income—
the minority stock¬
states
the
for
Du
step
646,570
excess
31,
more
serial
Duqucsne Natural Gas Co.—Partial Redemption—
Other than Fed. inc. and
years
$1,765,000
of
Stock—
Fed. excess profits taxes
of the Jacobs Aircraft
machinery,
makes
assets
Brownell,
has
commercial
a
$5,976,319
2,871,829
for retirements
Federal
1944 the company had net quick assets of $721,733.
there has been spent 011 plant and equipment, mostly..<
a total of
$1,072,253, which with the net quick
a
total of $1,793,968.
This alone, Mr. Barnes states, is •
thfftn the
total offered price of $125 per share, or
Dec.
$425,000 3>a%
Mr. Brownell succeeds Dr. C. talor
Burdlek, who Iurs been appointed
Chairman of the board of Cia. Mexicana de
Explosivos, which operates
$21,967,781 $20,,852,564
10,236.292
9 ,562,837
966,685
914,746
222,594
621,162
,300,106
2,410,999
Maintenance
Charles B. Barnes, President, in ft letter to
stockholders, "believe that both from the point of view of the value
of assets and from the point of view of potential earning capacity,
the price of $125 per share for the mill (recently offered by a chari¬
table trust of which Andrew N. Winslow, Jr. is trustee) is inadequate."
I Mr. Barnes states that when Vernon L. Faulkner became Treasurer
and took over the management of the mill in the fall of 1940 the
company
had a surplus of $34,623.
In the 4l/a years since then,
there has been built up a surplus of $691,345, there has been estab¬
lished
a
contingency reserve
of $115,000 and since August,
1942,
dividends totaling $13 per share have been paid,
new
of
President, effective June 1.
that
1945—12 Mos,
$6,324,118
!_*._
Operation
Continental Mills, Boston—Offer Considered Too Low
As
ment,
460.
1945—3 Mos.—1944
revenues!*..—
Gross
Preferred
for
p.
Stores
Jacobs stock, the new owners
price of the stock for the past two years.
stock had been purchased as of June 1.
In the 4%
of
at that time.
'under the purchase agreement on the
V
election
the
of
Prov.
directors,
161,
consisted
The
Name—Now Controls 85% of Jacobs Aircraft
agreeci to purchase all outstanding stock held by
holders at $6 per share, a price considerably above
The
the
announced
$4,296,086
Engineering:
policy announced
the
31
Spencer
directors on June 6 declared a dividend of 30 cents per share
the-common stock, par $5, payable June 30 to holders of record
June
16. * This comparts with 20 cents paid on Jan. 3, last, and
30 cents on June 26, 1944.—V. 160, p. 2511.
Pa.—has been changed to Republic Industries,
Inc., it was announced on June 4.
v
Following sale of the Jacobs Aircraft Enginfc Co. stock on April 26,
the purchasers announced that
aircraft engines would continue to
be produced at the Pennsylvania plant under the Jacobs name.
The
change of the holding company's name does not alter the ownershipnor
May
on
issue
(E. I.) du Pont de
Personnel-
former Assistant Secretary, as Secretary of
its subsidies'^ Wright Aeronautical Corporation
and
bond
previously
as
The
Engine Co. of Pottstown,
(
year
on
Stock—
of
the
for
acquired :,
!
annually 1946 to 1955, inclusive, and $425,000 3a'«%
serial
bonds maturing: $42,500
annually 1956 (0 1965, inclusive.—V. 160. p. 982.
877.
p.
$8,009,267
was
$42,500
year.
Scanlan,
.Period End. Mar. 31—
name
income
The
Refund*
outstanding shares of preferred stock have been called
redemption 011 July 9, next, at $26.25 per share and accrued
dividends to such date, amounting to 34% cents per share.
Surrender
of. the
preferred stock for ; the redemption price may be made at
any time at the New York Trust Co., Io0 Broadway, New York, N. Y.
$7,720,905
285,389
War
Contingencies,"
for
4,721,461
$7,055,523
'Post
for
Peggie Hale, Inc., which
(par $100).
There
$1,042,653 $11,728,893 $12,442,366
$652,767
Reserve
Dayton Power & Light Co.—Earnings-
Continental
The
net
the
in
renegotiations Tor the
the
$9,232,519
sinking fund preferred
L. G. S. Spring Clutch Corp.
Lindquist, Vice President and Controller, received the addi¬
title of Treasurer.
Both succeed E. S. Cramer, who has re¬
as
All
15,921,783
$585,954
—
Changes
of
to
Corp.—To Retire Preferred
Declares 30-Cent Common Dividend—
1877.
101, p.
$21,498
cost
charged
1945—10 Mos.—1944
$837,728
March, 1945.—V. 161, p. 2107.
stock
the
R.
7,846,679
9,000,059
360.164 :
—:
Balance*
—V.
M.
Davega
822,GOO
$946,118
preferred stk.
cn
Vaughan,
Julia
corporation
and
$8,615,751
1,280 530
1,329,498
income
other deducts.^-
.Net
of
the
as
the
crediting $226,355 applicable
been
paid to the Government.
has
reduction
a
been
(before
to
of
—
After
$22,603
110
change in
Sec also V, 161,
,
$972,726
sales
Dominion Malting Co., Ltd. — Securities Offered
Gairdner & Co., Ltd.,
recently placed on the Canadian
market $850,000 first secured
bonds, series A and $200,000 5% cumulative redeemable
the Army Service Forces
•
$5,096,850 $57,665,283 $59,082,523
1,951.577
28,636,142
22,871,698
$5,106,850
2,264,430
566,804
—
expenses
Depreciation & amortiz.
Provision for taxes
in
Cui'tiss-Wright Corp.—New Secretary & Treasurer—
1945—12 Mos.—1944
1945—Month—3944
—
revenue
&
profits.
necessitating
tional
Operatihg
Int.
plus
has
sum
1945—Month—1944
Sales
May 31, stated: "Renegotiations with
on
Power Co.—Earnings-
Consumers
Gross
thereon,
payment,
signed
Gross
excessive
$^4,101
2329.
P-
as
Corp.—May Sales Increased 16.1%—
Period End. May 31—
$7,474,334
Adjustment Board has determined that $248,958
income and excess profits tax)
is refundable
of
taxes
'This
1945—5 Mos.—1944
$1,683,927 $10,117,865
$1,877,813
decker, President,
Price
Consolidated Retail Stores, Inc.—May Sales—
Period
$7,850,412
Above figures include
Contracts Price Adjustment Board of
deduction
as
gales
v\ar
Government
follows;
March 31, 30 cents; June 30, 60 cents, and
39 and Dec 261 80 cents each.—V. 161, p. 1093.
Sept-
Diana Stores
1945—8 Mos.—1944
$932,727
1 J.
liscal ypuv ended Nov. 30, 1944 have been concluded.
"'Tne
The
were
1945 -Month—1944
$978,554
—
161, p. 2107.
the
trustees cn June 5 declared a dividend of 80 cents per share
the capital stock,v payable June 30 to holders of record June 15.
distribution of 40 cents was made on March 31, last.
Payments
in
•-
Curtis Manufacturing
Co.—Renegotiation Proceedings
Consolidated Investment Trust (Boston)—80-Cent Div.
A
Co.—May Sales Up 4.9%—
Period End. May 31—
g
it
2555
and
161,
utility
p.
Products Co.—Initial
June
the 4Va'!
4
Vice-President
Mr.
in
Wescbtt.
clients
declared
the
outside
Electric
2442.
V"/
on
Wescott
C.
these
.....
directors
T.
appointments were made in
of Ebaseo's technical and management
public
system.—V.
succeeding
of
r\f
•,
7
.•
7-L;-.*J*,vv;.; 7
Dividends—
an
initial
dividend
of
a
preferred stock, and an initial dividend of 30 cents
stock, both payable Aug. 1 to holders of
record Julv 16.
The preferred dividend is for the period from May i)
to
Aug.
1.
The dividends ate the first
since reclassification
of
the company's stocks and sale of blocks of each issue to the public
in May.
See V. 161, p. 2218.
a
on
share
ort
the
common
$757,395
Maintenance
$747,329
132,369
19,660
21,893
1,471,010
296,886
—.
35,972
363,780
369,284
$426,665
$4,268,074
$4,030,823
basis
share
in
5,684
15,216
170,346
73,012
$428,960
$411,449
$3,957,811
Dr7,9i6
D/'7,485
$4,097,728
1,719
i-wM—
for
income
before
income
taxes-
Fed.
deductions
Income
Fed.
exc.
income
Net
$3,996,768
34,425
405,652
395,108
105.331
-
,
,
„'
.
...
,
sale of
the
of
96,424
21 777
1,158,960
1,110,460
231,407
220,839
Federal Water & Gas
.
8,632
103,579
$2,210,417
$235,266
$272,656
103,579
has asked the SEC to
Peoples Water & Gas Co. to R.
authorize the sale of its
M. Sherritt, Chicago,
foi
Inc.—Special Offering—
America—New V.-Pres.—
appointed Vice President and Luther
H.
who
resigned
has
1,400
Co.—Special Offer¬
Manufacturing
Electric
Emerson
Whitley C. Collins
161, p. 2107.
and director.—V.
Vice President
as
2332.
ing—A special offering of 6,000 shares of common stock
(par $4) was made on the New York Stock Exchange
May 31 at $25% per share, with a commission of 50 cents,
by Van Alstyne, Noel & Co. The sale was completed in
the elapsed time of 26 minutes. There were 41 purchases
by 20 firms; 1,000 was the largest trade, 20 the smallest.
—V. 161, pp. 566 and 984.
Service
Missouri
The
for
866,783
66L725
$167,552
$606,828
$594,279
4,218
Drl7,883
DM6,627
$273,543
lb-23,213
net
1124,127
*75,028
373/195
418,947
176.109
profit
Times pfd. divs. earned
$47,644
10.40
$140,722
5.12
$158,704
5.77
$74,219
profit
—
income—
other
trust
ing
taxes
Fed.
inc„
on
Net
all
ment
__
Future
of
excess
161,
Payment on
of the U. S. on account of the past
thereby reducing the mortgage,
subject to possible adjustments, to $16,164,620.
The mortgage matures
May 1, 1974, and requires payments of $992,371 annually, which are
applied to interest at the rate of 4.4% and the balance to amortiza¬
reports that the building is 98% rented and has a gross
$3,100,000, with estimated income from electricity and
sources
of
$300,000, making
total gross estimated income of
letter
The
roll
other
fiscal year ending April 30,
earnings. for the current
year
will approximate $1,465,000.
before interest, amortization, de¬
preciation or Federal income taxes.—V. 161, p. 2331.
The
the current
for
$3,400,000
the
that
estimates
trustee
net
William
formerly President
which was acquired
the Williams Oil-OEureka Vacuum on
of
Matheson,
A.
Heating- Corp.,■>
by
of the Eureka company and
June
4, has been elected a Vice-President
Manager of the Williams division.
Net
$77,787
$74,418
$325,436
$306,787
49,385
expenses.
from
rev.
income
Federal
Other
46,903
211,993
192,843
3,164
~
12,689
14,159
,
861
9,183
4,455
$17,538
$23,490
$66,101
$96,800
Dr 63
oper.
1,461
DM68
1,436
income
income
f.
issuance
of
shares
additional
lUted
York Stock
Total
deducts,
$67,537
$95,557
1,205
4,899
shares.—V. 161,
495,618
7,413
total
amount authorized
to
be
v
$81,763
$55,225
$19,200
$14,306
2,260
2,260
9,039
Fairchild Engine & Airplane
$16,940
$46,186
$72,724
2,980
3,002
11,920
12,007
__
share
prior
able
declared
have
directors
on
initial
an
dividend
of
41%
cents
Deprec.
(way & struc.
equipment)
161.
Notice
30, pay¬
1, 1945) for the period from May 1 to June
July 2 to holders of record June 15.—V. 161, p. 1997.
Corp.—Ruling
The
received
Exchange on
Corp.
the
by
New
Stock Exchange
York
E.
V.
(See also
1 directed that Exchange contracts in Food
stock on June 11, 1945, shall be ex said
due-bills must be redeemed on June 12
22181.—V. 161, p. 2444.
June
profit.—
1944
$667,119
303,362
$348,448
10,109
$383,792
93,000
114,000
Harry
of
161 p.
Non-operating
taxes
revenue
before
Profit
Provision
before
for
taxes
_
taxes
'
—
Net
$265,556
profit
and
and
Truck
at
Mill,
$4,979,927
and
mine
smelter
745,387
110,550
1,193.010
51,750
1,090,900
655,938
_
supplies.
654,352
—
Motor
Total
$8,687,447
$7,522,316
$94,216
$96,117
318,867
331.230
110,630
—_
—
Current
214,563
Liabilities—
Accounts
Taxes
payable
_
_
payable
Total
current
assets
liabilities
$523,713
$641,910
$8,163,734
__
$6,880,406
K.
cable
President,
Brindiey,
in
May
31
received
a
notice
to
the
said:
shareholders
"A
reporting
that the company's refinery there is intact and actually operating at
a fraction of capacity.
It would appear from the information received
there is still
that
the
b«
was
refinery
delivered.
Norwegian
until
some
from
Kristiansand,
of the company's material
ready to treat supplies of matte
The cable
Kroner,
but
situation
been
ascertained."—V.
160,
details
Norway,
in
'
,
under
the
the
subheading
of
name
in
this
received
and
p.
2070.
(General Manager of Eastern
Klingler
(General Manager of Pontiac
(General Manager of Oldsmobile
L. C. Goad
J.
Skinner
E.
Committee
charge of 01
divisions.
in
constituted
now
as
supervision
having
operating
Wilson
Chairman.
Lewis
-
succeeds
>
com¬
the
all
over
v.
Alfred
P.
of
Chairman
Jr.,
Sloan,
V;
;
W.
Douglas was elected
to
which
re-elected.—V.
161,
Angus
member and Chairman of the Audit
Echols and Charles S. Mott were
a
B.
2444.
p.
General Shoe Corp.
sales
Net
per
(par
$20,939,724
526.346
$0.81
254.938
220.055
544,855
$0.39
r
$0.33
$0.84
share_
com.
profit for the
the
months ended April
12
months
12
1944.—V.
161,
totaled
in
$48,235,410
against
1945,
$41,947,264
'
1317.
p.
■
Georgia Power Co. -Earnings—
Period End. Apr. 30—
Gross
Prov.
$4,132,944
expenses
for
^.amortization
&
'
*
for
483,500
468.167
1,401.816
10,776.313
$708,959
$756,290
$8,441,515
289,088
300,532
3,581,486
$419,871
$455,758
$4,860,029
223,005
223,005
2,676,064
$232,753
5,571.924
12,725,455
5,789,33 2
1,074,949
$2,183,965
_______
taxes_
income
other
$48,459,993
20,791,031
23,891.412
1,516,261
and
$196,886
Provision
Gross
\
$4,142,534 $48,898,572
1,865.536
deprec.
\
v 1945—12 Mos.—1944
1945—Month—1944
revenue
Operating
___.
deductions
income
Divs.
pfd.
on
______
stock—I
Balance
—V.
161.
$9,371,583
3,781.242
$5,590,341
2,676.064
$2,914,277
; L
1879.
p.
Godchaux Sugars, Inc.—Calls
$7
161,
p.
has been
2444.
of the outstanding shares of $7
preferred stock have been
redemption on July 1, next, at $110 per share and dividends.
will
N.
tion
be
was
transfer
• ■'?;
Business—Company is engaged in the merchandising
business in the City of San Antonio, Tex., and conducts a women's
specialty shop, specializing in the sale of ladies' ready-to-wear, in¬
cluding clothing, shoes and millinery for women and children. ' The
business was founded in September,
1917.
:
*
"
%•:•>
An average of 450 persons are lggularly employed by the company.
The
at
New
York
Trust
Co.,
Pay¬
Broadway, New
100
desiring
plus
price,
to July
1
to
receive
accrued
and
immediate
dividends
surrender
of
to
1,
stock
the full redemp¬
do so upon
of
payment
July
their
1945,
may
certificates
at the office of the trust company.—V.
time
any
at
2445.
161, p.
(B. F.) Goodrich Co.—Unfilled Orders, Etc.—
recently offfered at $102
agent, National Bank of Commerce, San
;;: 'U.,;.--,v..'v1" ;.%
made
Y.
presentation
Antonio, Texas—Preferred Stock Of¬
$100)
Preferred Stock—
called
All
York,
share and div. by Dallas Rupe & Son, Dallas Union
Co., Dallas, Tex.; Dewar, Robertson & Pancoast
and Pitman & Co., San Antonio, Tex.
The stock was
offered to residents in the State of Texas only.
Registrar and
Antonio,; Texas.
taxes—
30, ' 1945, was $1,025,920,
equal to $1.57 a share on common, comparing with $1,237,429, or $1.91
a common share, for the 12 months ended April 30, 1944.
Net sales
-Net
"official promoted"
Wheeler Corp.—
Nagle, President of the First National Bank,
Stock
1945—6 Mos —1944
$13,045,784 $10,869,368 $24,458,325
all
after
and
(& Subs.)—Earnings-
1545—3 Mos.—1944
____
profit
charges
Foster
per
Unfilled
a
period,
in
orders
and
year
Orders
totaled
years.
In
with
the
and
three
in
March
of
like
the
in
the
largest
of
1944,
of
December,
of
with Dec. 31, 1944.
cancelations in the
less
for
a
orders
1945
period
compared
$67,188,000 in
$76,675,000,
1944,. quarter,
1944..
months'
$38,826,000.
three
were
were
largest in
the
$207,596,000.
compared
quarter,
quarter
the
months
totaled
March
quarter
first
31
$37,819,000
the
$110,494,000,
the
in
$68,336,000
first
of
as
increase
an
received
Shipments
and
.
Listing of Bonds—
Stock
Exchange has
000,000 first mortgage bonds, 2%%
authorized
series due
listing
the
161, p.
1965.—V.
of $35,2445.
as
soon
as
these can
regard
the
will
actual
*
not
be
value
clear
of
the
Graham-Paige Motors Corp.—To Redeem Stock-
Capitalisation—Company
has outstanding 5,000 shares of 5%%
cumulative preferred stock and 5,000 shares of common stock.
It has
debt.
funded
no
stock
are
payable
quarterly,
on
the
5%%
February,. May,
cumulative
August
and
preferred
November
the preferred stock shall have no voting rights except
shall be in arrears in ihe payment of dividends for
periods, in which event the holders thereof shall have
equal voting rights with the holders of common stock.
Redeemed at
The
in
holders
of
event company
four
quarterly
Ail
of
the
outstanding
for
which
,
Rights—Dividends
Dividend
that
mid
process
also reuorfs the possession nf cash balances in
the
have
further
balances
is
on
of
General
Motors, as Chairman of the Administration Committee. % Mr. Sloan,
Donaldson Brown (Vice Chairman of the corporation) and John Thomas
Smith (Vice President and General Counsel)
will no longer serve on
the Administration" Committee but will remain on the Policy Committee,
of which Mr. Sloan continues as Chairman
and Mr. Brown as Vice
fered—An issue of 5,000 shares of 5V2% Cumulative Pre¬
ferred
Committee
.
Refinery in Norway in Operation—
L.
S.
Administration
The
corporation's
Harry
and
executives
prises
for
Frost Bros., San
History
Net
Division),
Division)
Division).
Trust
Wages payable
&
prior
1,245.387
companies
cost
at
.
1944
$5,482,561
—
associated
inventories
-
Electric Co.—New Director—
C.
Administration
the
Co.—Acquisition—Correction—
appeared
director.—V.
a
(held
meeting of the board
same
of
Mr.
Holders
Alexander
elected
1945
cost..—
in
Investments
161, p. 1879.
2444.
p.
\■
the
at
Chairman
to which were added six new members, all Vice
Burke, Morgan D. Douglas (General Manager of GMC
Coach Division),
Nicholas Dreystadt
(General Manager of
Aircraft
ment
$72,320
81
March
receivable
accounts
Securities
Metal
Position,
Assets—
Current
have
161,
25 announced the appointment
$269,792
$25,274
equipment
May
the
"Chronicle"
week's
last
In
should
General
Financial
Cash
a
to
Foster-Forbes
expenditures:
Plant
on
position of Assistant to the President.
Mr.
director of the corporation and has been its Patent Counsel
Swem
charge of the legal division.—V.
V.
Capital
is
Swem
in
profit
Operating
/"
President,
elected
was
Corp.—Official Promoted—
President,
Brown,
S.
A.
Lee
Elected—Other Changes
corporation,
Net
$373,756
10,036
$358,556
____
depreciation—
and
development
and
and Frank R. Pierce have bean elected
corporation.
The other officers have been
the
all
that
Foster Wheeler
1945
$506,667
158,219
Quarter Ended March 31—
President
Lewellen
G.
of
Wilson,
4)
Int.
Deferred
W.
Presidents
Presidents:
that, a
common
and
distribution;
Vice
as
Stock Distribution
on
the Corporate Securities Act of California has been
approving the distribution of one additional share of common
stock of $10 par value to holders of each four shares of record (scrip
to be issued for fractions of a share).
Falconbridgc Nickel Mines Ltd.—Earnings—
Oross operating
Burke,
L.
the
under
Machinery
years
Vice-Presidents
New
re-elected.
for
been
has
two
after
,
2108.
P.
Food Machinery
per
preferred stock (without par—convertible
the $2.50 cumulative
May
to
F.
Vice
Earns,
income
Net
permit
Corp.—Initial Dividend—
presidency
the
to
Manager.
Three
9,039
$12,046
interest
contingent
McLaughlin
Announced—
Net
debt—
funded
on
,
granted,
The
as
General
S.
Chairman of the board, effective June 1, after
President continuously for 26 years.
A.
Wecker becomes President and General Manager.
He
William
9,476
1,593
ehgs.
fixed
after
for Unit—
that R.
announces
appointed
succeeds
in
2443.
p.
serving
Ltd.,
Canada,
of
Motors
Period End. April 30—
the listing of 220,000
upon official
notice of
$5)
2108.
P.
been
has
4,318
2,918
1,576
charges
fixed
and
(par
the
make
will
which
thereof,
stock
common
161.
from
income
Total
$23,322
$17,475
income
Miscell.
has authorized
Exchange
V.
Committee,
Listing of Additional Common Stock—
New
$15,852;
DM,243
—
_
ry.
Other
24,000
3.404
accruals
tax
$113,944
$113,443
$27,515
$28,402
op.
ry.
tax
rents
Net
—V.
The
$25,028;
Mr.
Int.
Cleaner Co.—New Official—
Eureka Vacuum
payable,
$330,447; employees' profit sharing
Federal withholding and State and Federal excise
Federal taxes on income (net), $92,839; accrued ex¬
penses, $161,780: 5V2%
preferred stock (par $100i, $500,000; common
stock (par $20), $100,000; earned surplus, $309,393; tctai, $1,535,340.—
Liabilities—Accounts
trust,
Cadillac Motor Car Division 1,
revenues—„
oper.
Inc.
Matic
$2,169,519
of
approximately
1946.
$2,394,897
$552,542
$553,196
2108.
p.
Fonda Johnstown & Gloversville RR.—Earnings—
1945—Month—1944
1945—4 Mos.—1944
Period End. April 30—
Net
tion.
rent
1945—5 Mos.—1944
1945—Month—1944
——
—V.
amortization on the first mortgage,
due
charges, $29,538; total, $1,535,340.
June
.
Assurance Society
Equitable Life
of
of
Fishman Co., Inc.—May Sales—
Period End. May 31—
debenture holders by the protective com¬
that on May 21 the trustee paid $464,517 to the
them
advises
mittee
the regular quarterly dividend
stock, payable July 1 to holders
the cost of the old $5 par value com¬
and the new $10 par 5% preferred
recently issued common stockholders in the form of a stock divi¬
dend.
The ruling allocated 21.134% of the cost of the old common
to the preferred and 70.866% to the new common.—V. 161, p. 461.
the
to
equipment and lease improvements (after reserve for depreciation and
amortization of $104,285),
$56,320; other assets, $128,512; deferred
stock
Ry. oper.
addressed
Calif.—Tax Decision
15, and
(M. H.)
accounts receivable, $1,056; bonds and warrants, $2,350deposit, $83; merchandise inventories, $500,513;
accrued interest, leased
General Motors Corp.—New Executives
declared
common
of
.
ari^ in bank, $347,554; accounts receivable,
hand
on
$469,414; other
C.
Equitable Office Building Corp.—Makes
letter
the
on
cumulative preferred stock)
5,000 shares of 5%%
Assets—Cash
•V
1945
31,
recapitalization of company and issuance
to
manage¬
approving the apportionment of
mon
stock between
such stock
Mortgage—
A
share
a
June
Sales
effect
Sheet, March
Balance
Forma
Pro
giving
(After
City.
New York
Co.,
the semi-annual of 25 cents a share on the pre¬
ferred stock, payable July 15 to holders of record June 22,
:
The company is in receipt of a ruling by the Treasury Department
of
force
in
insurance
cents
21
May
directors on
The
15
record
United States
The Society has crossed the nineblllion dollar mark to a new record high of $9,094,327,000, an increase
of $196,000,000 since the beginning of the year, Thomas I. Parkinson,
President, disclosed on June
1.
Assets of The Equitable have also
Increased td a new peak of $3,532,320,000, he added.—V. 161, p. 2331.
life
The
&
Gammons
Fifth Street Store, Los Angeles,
Missouri Service.—V. 161, p. 2331.
Equitable Life Assurance Society of the
—Assets Rise to New Peak—
Carret,
of
2.70
contribution to establishment of employees' profit sharing
contributions will be made only from net jgarnings in
$50,000.
tEstimated.
^Original
General
the
properties will then be merged into
board of
company
directors.
July 1, 1953.
Prior to the sale Engineers will donate to Missouri
capital stock, 100 shares, of Northern Kansas Power Co., whose
due
the SEC
on May 23.filed a registration statement with
shares of capital stock, par $10.
"
is subject to the general supervision of its
The investments of the corporation are under the
company
$938')(;«
shar¬
profit
taxes,
15,949
The
for a
Y.,
:
With
Associates, Inc—Registers
SEC—
base price of $750,000, subject to adjustments, has been
approved by the SEC.
The securities consist of 7,500 shares of com¬
mon
stock and $635,000 first mortgage income bonds,
6% series A,
N.
.
v":.
proposal to sell all the outstanding securities of
Co. of Tarkeo, Mo., to J. Leo Scanlon of Buffalo,
company's
The
smallest—V. 161, p.
'
Investment
Fidelity
Co.—To Sell Subsidiary—
Engineers Public Service
the largest trade, 9 the
was
7c
$1,461,062
expenses—
Employees
special offering of 20,321 shares of common stock (no
par) was made on the New York Stock Exchange June 1
at $37% per share, with a commission of 80c, by Lehman
Bros.
The sale was completed in the elapsed time of
32 minutes.
There were 174 purchases by 49 firms;
Elastic Stop Nut Corp. of
Prangley has been
Atkinson has been elected a Director to succeed
$853
118,539
$1,629,436
1,022,608
trust.
Federated Department Stores,
G.
$1,342,523
$316,561
profit
oper.
A
Arthur
$1,493,553
;'-,vV'
29,202
135,883
——,
Operating
$2,156,214
V
8.632
v
$287,358
ens
Ul^
149,008
Total
The securities consist of 42.000 shares of common
and 2,427 shares of $6
cumulative preferred.
Federal proposes to
make the sale as a further step towards the integration of its holding
company system.—V. 161, p. 1541.
$2,259,793
$2,313,996
,3243,898
$281,288
require.
$2 17n
leased, de-
from
Gross
used
1 at
Corp.—To Sell Unit—
corporation
The
holdings in
2331.
161, p.
from
$1,111,835 in cash.
surplus.
Balance
—V.
$4,099,446
41,865
_—-
—_
div.
stock
Pfd.
$403,964
profits tax-
$3,318,691
1,976.167
partments
Net
$421,044
surtax^
&
normal
Fed.
31
1941
i943
1944
383,008
Balance
Income
be available
of acquning
unexchanged preferred stock will be
unexchanged convertible preferrd on Oct.
share plus accrued dividends.—V. 157, p. 1269.
$103 a
Gross
properties.
redemption
the
for
sale
and
issuance
Proceeds
38,957
publicly offered.
shares of common stock are to
but held solely for the purpose
exchange will be
remaining 20,000
the
additional
income
®
$3,770,605
2,277,052
sales.,
of
cost
Net
1945
31, '45
$670,367
$670,367
Sales
present
-Fiscal Years Ended Jan
2 Mos. End.
Mar.
and 42,773 common shares will be offered to
stockholders at the rate of one for each 10 shares heid.
remaining 20,000 shares of common stock are to be available
shares,
The
Balance
to
Statement
Comparative Income
v,
on
common
The
$434,644
devel¬
Exploration and
opment COStS
Other
1,235,824
•
29,822
revenues—
oper,
1,561,910
1947.
1,
May
u
a share ior
convertible p -
offering 40,000 preferred shares
retire a like number of outstanding
is
company
ferred
than Fed¬
other
eral income-.--——
Net
130,430
129,188
retirements
Taxes,
309,977
on
the
covering
The
for
Deprec., depl.—prov.
Company
1,982,324
to
registration statement
par) pieferred
May 29 filed with the SEC a
issuance of 60,000 shares cf 4%
($100
stock and 62,773 shares (no par) common stock.
$7,928,252
$7,961,660
144,080
revenues-.--
and
1947,
notir*
per share, plus dividends, if called on or before Mav i
at $105 per share, plus dividends, if redeemed Subsequent
$107.50
at
quarterly dividend date on 30 days'
of company on any
option
Registers
—
With SEC—
1945—12 mos.—1944
1945—Month—1944
Period End. Mar. 31
Operating
Operation
(Omaha, Neb.)
Co.
Creamery
Fairmont
Subs.)—Earnings—
Natural Gas Co. (Del.) (&
El Paso
Monday, June 11, 1945
CHRONICLE
COMMERCIAL & FINANCIAL
THE
2556
date
be
sum
of
redemption
made
The
right
preferred
stock
the
at
A
close
the
of
stock
and
of
shares
redemPtion
includes
and
Detroit
each
A
$25
on
for
business
a
of
and
Trust
holder
Co.,
to
of
basis'of
share
29,
cumul.
next,
$5
Detroit,
,convert
the
June
30,
unpaid
premium
each
on
7%
June
on
accrued
three
of
7%
preferred
at
per
share,
to
the
Payment
will
thereon
share
per
stock have
$197.75
dividends
Mich.
said .shares
shares
of
into
such
cimul.
preferred
cease at
5%
5%
preferred stock will
1945.—V
161
p
2445
Number 4393
161
Volume
Grant Co.—May Sales Off 6.55%—
(W. T.)
31—
Period End. May
—4--'
Sales
THE COMMERCIAL & FINANCIAL
CHRONICLE
,
-----
Interstate Bakeries Corp.—3,300 Shares Tendered—
1945—5 MOS.—1944
$13,392,670 $14,331,687 $65,114,923 $59,520,863
161,
2445.
p.
Ry.—Changes in Personnel—
$5,344,372 $20,559,031. $19,776,743
company in May, 1945, had 146 stores in operation, as against
the same month last year,—V. 161, p. 2445.
$5,108,620
National Bank of the City of New York, trustee,*
New York, N. Y., will until 12 noon on June 18
receive bids for the sale to it of first mortgage 3%% bonds due 1971
in an amount sufficient to exhaust the sum of $56,438, at prices not
tn exceed 106 and interest to June 21, 1945.
Eonds accepted should be
Chase
The
Streel
Broad
n
delivered
161,
V.
later than 3 p. m..on June 21, 1945.—
:
".
-
the trustee not
2445.
to
P.
eM
,
California—Stock Dividend—
Hancock Oil Co. of
'Based
p.
2446.
Co.—Earnings-
profit
160.
$374,201
73,967
43,073
$226,446
$417,274
23,622
$207,019
$133,979
$231,689
$0.13
$0.23
$0.21
—
.
take
and
Selective
$29.16
market
to
Fund,
Inc.
$24.72
price.—V.
Exchange Commission,
tive
shares
both
these
of
companies,
will
Investors
be
have
offered
companies
Syndicate,
been
effective
registered
May
publicly soon, Earl
announced
which
is
June
on
Inc.,
two
with
1945,
19,
1940,
with
of
original
an
per
p.
additional
$4
its
$60,000,000
Investors
Stock
owned
Fund,
by
Inc.,
of
be
Operating
Operating
from
which,
$100,000,
positions
incorporated Jan.
has
in
open-end
new
Reno, Nevada,
Minneapolis,
companies.—V.
'
'j.
.
Feb.
Minn.
161,
J.
incorpo¬
Federal
last
month
New
York,
1945,
this
recently
and
company
Continental
the
to
President
of
"Incl.
$194,303
latetl
Engineering
resignation,
his
announced
&
effective May
It
for
follow
Corp.
Management
above.—V.
161,
tax
Period End. Apr.
48,378
$158,284
Amort.,
$1 706,701
542,629
124,165
;
1945—12 Mos.—1944
$1,561,000 $20,563,554 $19,636,406
551,494
7,154,766
7,191,771
117,826
1,626,216
1,624,755
&
deferred
result
of
as
a
use
accel.
excess
of
oper.
3,937,068
444,820
292,969
3.417,473
105,660
1,341,039
1,278.690
$373,827
$354,718
779
$5,474,055
32,715
$4,054,122
10,210
taxes-
revenue
income
250,000
250,000
taxes_
3,601
(net)
.
Gross
$377,428
$355 497
79,923
income
deductions
9*,773
_—
$260,724
Dividends applicable to'preferred stocks
Net income
—V.
161,
p.
L
,
$297,505
$5,506,770
2,392,565
$3,114,205
389.588
Earnings before
1945
taxes__a
charges and
profit after
W.
W.
Include
per
common
81,694
56,857
$0.19
the earnings
the company owns a
of Minneapolis, recently
nnounced
50*:?-
stock interest, or the Young-Quinlan
acquired.—V. 161. p. 2447.
1944
$0 27
snare..
'
Executive Vice-President, £
which
profit from Ringman, Inc., in
Co.
that
Stock
company has called for redemption on June 30
194p.
outstanding shares of 5%% preferred stock, series of 1936. at So3.b8 4
per share, which amount is inclusive of all unpa d dividends accumu¬
lated to date of redemption.
Payment of the full redemption prit
will be made
immediately upon surrender of certificates to the Mis¬
sissippi Valley Trust Co., St. Louis, Mo.
preferred is in accordance w*th_ resolutions ■
a special meeting on May 7, 1945. prowd.ng
the issuance of 30.000 shares of
the proceeds
fi*>m the sale of which,
tion
and
■*°r
subsequent
standing
51/2 'x
cumulative preferred stock,
in part, w ll be
and cancellation
stock.—V. 161, p. 2219.
retirement
preferred
$2.25
next,
$5,000
out
sinking
of
Stock
York
Railway—Listing of Bonds—
Exchonge
used for redemp¬
of presently out¬
authorized
has
the listing of $27,-
1,
It
just
made at the Girard Trust Co., trustee, BrOad and
Philadelphia, Pa.
'
Holders• may
obtain payment of the redemption price, including
accrued interest to the redemption date, at any time upon surrender¬
trustee.—V. 161, p. 2448.
new
the-first
since
assets
Net
of
from
increased
this
of
^
.
Speculative Common Stock Fund Series
to $7,573,179 during the six months
the
$4,523,892
"S3
ended
April 30
1945.
Net asset value per share advanced more than 24%
during this period, from $10.57 to $13.16 per share,
The
semi-annual report of the Medium-Grade Bond Fund Series
"B2"
shows
an
increase in net assets for
the six months from
to
$27 08
to
of
15
with net asset value per share advancing
$29.12 on April 30, 1945.
In addition, a special dis¬
cents a share from realized net profits was paid on
$13,309,093,
April 15.-
"Bl" and "K2" Shares—-
semi-annual d'str.'bution of 44
a
share on the Series "Bl" Investment Bond Fund; and 25
a share on the Series "K2"
Appreciation Preferred Stock Fund.
are
payable June 15, to shareholders of record at the close of
corporat'on
31.—V.
May
announces
161,
p.
a
cents
cents
Both
busi¬
Lighting Co.—SEC Approves Tempor¬
on
company
011
annum.
the
(includ-ng
redemption
Daring
romnanv
said
31.
the
In
of
excess
the
not
preferred
been
reasonably
of
the
din
an
But
other
the
corporation.
417
?o.
($1,000,000)
issue
was
part:
,
our
operating needs lis".e
without special provision of
has
that
been
hindered
by
ear
success
greater
our
rill
have, by careful management,
years and have grown in strength
war
;
%V-:
:
stock
common
justified,
as
but
we
ways.
to place the
soon
helped,
expected
war.
and
to
on a satisfactory dividend
maintain it regularly."—
/
-
'
Co.—Earnings—
provision
1945
renegotiation
0$636,237
$3.58
for
1944
$429,636
that
slates
$5.3'')
of
war
Contracts.
:
renegotiation
Lee Rubber <fc Tire Corp.
•
.*'••••■•
(& Sub.)— Earnings—
April JO—
1945
1944 r ^
sales, after all discounts and allowances._ $15,250,584 $13,295,C35
of goods sold,
selling, administrative and
f- ?.;
6 Months Ended
general expenses .1—
Miscellaneous
credits
<net>
Provision
and
for
12,299,783
55,303
property,
10,789,897
158,672
of
143,146
Federal
for
income
Federal
taxes,
profits taxes and State taxes
*' '
2,071,403
1,753,753
$770,028
$644,863
bf;-
profit
Earnings
share- 011
stock
per
capital
161. p.
the
of
$3,21
$2.67
1428.
;
has
company
redeemed
cumulative
4%
of
More
shares
241,509
Lehigh Portland Cement
The
36,624
plant
equipment—-.:—-—r«.
Provision
V.
depreciation
than
converting
Co.—Redeems
Pfd.
Stock—
about
98% of its 56,741 outstanding
preferred stock by exchanging
four of new common stock, C. C..
"
convertible
stock
shares
220,000
for
of
new
common
stock
were
issued
in
nearly
56,000 preferred shares.
The bbttversioh privilege
leaving less than 1,000 shares to be turned in
for cash at $110, plus accrued dividends, Mr. Long said.
The cash redemption date was June 1.--V. 161, p. 1883.
expired
31,
May
011
terner Stores Corp.—May Sales Increased—
Period End. May 31—
1945—Mouth—1944
Sales
$7,773,881
—V.
161,
p.
1945—4 Mos.—1944
$7,674,689 $29,395,022 $26,487,569
2110.
.........
.
.
'n'
..
1#|
Libby, McNeil & Libby—New Vice-President—
Taylor, a director and general manager of the California
fruits division, has been elected a Vice-President.—VhlGl, p. 2334.
J.
Louisiana Power & Light Co.—Earnings—
Period End. April 30—
1943—Month—1944 %
Operating
revenues
$1,095,004
expenses
542,744
180848
Cr461.300
70.738
47,234
142,000
1945—12 Mos.—1944
503.171
taxes
Other
retire,
—i—
taxes
Net
6,649.432
6.827.3662
2.270,043
1,253.303
(
837,467
753.234
136,049
1.725,144
1.337,315
$158,674
$766,608
$2,2)1,679
.178
241
7.966
$766,849
$2,219,645
appro.
revenues
oper.
Other income
$937,762 $13,693,765 $12,851,112
$158,852
res.
(net)
income
Gross
Int.
mtge.
on
Other
Int.
int.
and
bonds-
42.500
deducs.-
34,838
0*130
chgd. to const
Net
income
Dividends
"In
an
granted
$81,644
applicable
order
the
dated
company
to
$2,677,895
-
; DrI64
30,
permission
70.681
510,000
872,764
433,238
"1,161,586
Cr317
CV6.354
Cf40,21tt
,|Vf$66.06l
$1,282,761
$683,191
1944,
to
$2,677,731
*'762,546
.
preferred stock
March
356.532
the Federal
dispose
356,532
Power Commission
of unamortized
debt
dis¬
count and expense, duplicate interest and redemptoin premium asso¬
ciated with the First Mortgage Gold Bonds, 5% series due Dec. 1% 1957,
in
April.
1944, by charging income with $750,000 for the
estimated saving In Fed; excess profits taxes arising from theTefUnding
and to dispose of the remaining $376,262 over a three-
transactions
period from date as of which the refunding transactions are com¬
pleted by equal monthly charges to "amortization of debt discount and
expense account,"
^Deficit.—V. 161, p. 2334.
year
Lowell Gas Light
Koppers Co.,
Associates'
of
original
refunded
outstanding 1st ref. mtge. gold bonds, due July 1. 1954
$2,389,000 5s and SI.822.000 6!2St
have been called for
011 July
1. next, at 105 and interest.
Payment will be
made at the Central Hanover Bank & Trust Co., trustee, 70 Broadway,
New York, N. Y.—V.
161, p. 2334.
of
To Redeem
<—
the
Redemption of Bonds—
All
May
1319,
Prop,
May 31 permitted the proposed interim financing by
through a note to become effective, but reserved juris¬
issue and sale of $4,200,000 first mortgage bond at
competitive bidding.
The company's program provided for the sale at
competitive bidding of $4,200,000 first mortgage bends with the interesfcr rat« to be fixed b^ ihe successful ^bidder, and for the, sale nt par
of '$4,200.000 promissory note to the John Hancock Mutual Life Insur¬
ance
Co.
The proceeds from the sale of the note, together with
treasury cash,
are to-be used to redeem 011 July
1. 1945, at the
redemption price of 105 company's outstanding $4,211,000 first mort¬
gage
bonds, of which $2,389,000 bear interest at 5% and $1,822,000
at 6%';.
Proceeds . from the sale of the bonds will be used to pay
off the note.
The note is to be dated June 26, 1945, and mature
not later than Nov. 30,
1945, and bear interest at a rate of 1%%
SEC
The
Operating
2901.
Financing—
ary
n
;
986.
p.
Federal
Kings County
ih'*v
fiscal year, ending
Leroy
Dividends Declared on Series
The
new
preferred stock at this 'time doer, not requ'rts
in excess of all costs have
retire
one
share of preferred
Long, Secretary, stated,
Inc.—Assets Rise—
10 Keystone
year.
300.000)
shares of
33
proceedings had been complete!
Sept. 30, 1944, and provided for a net.,
refund 16 the Government of $298,420, the cost of which was charged
against a reserve for contingencies of $300,OO0.
The refund to the
Government for the fiscal year ending Sept. 30,
1943, totaled $670,044,
of which $500,000 was charged to a special fund set up for thaipurpose
azld the balance charged ajjairist earned surplus.—V.
161.
shares
Funds now exceed $130,000,000,
nigh total representing an increase of approximately $25,000,000
the
assets of
the
has
is
as
p.
for the
Net
Payment will be
Chestnut Streets,
bonds at the office of the
office
32 Weeks Ended May 12—
Gulf Ry.—Calls 5% Bonds—
outstanding 1st mtge. 5% gold bonds due July 1, 1978,
been called lor redemption on July 1, next, at 104 and interest.
ing, their
the
at
profit after all charges & taxes
Earnings per common share.._____„
fund monies.—
the
of
have
per
Hussman-Ligonier Co.—Calls Preferred
The
Redemption of the 5%%
adopted by stockholders at
Y.,
to
close
is planned
161,
Net
Kansas, Oklahoma &
The
204,234
I"
1.
and
purpose.
business
the
.excess
the
83,362,963
142,141
$3,949,845
'
taxes—.
Cole,
no
$2,872,611
(& Subs.)—Earns.
_
Net
N.
first mortgage serial bonds due Oct.
diction
(The) Hub, Henry C. Lytton & Co.
Earnings
$4,064,332
1,191,721
1881.
Quarters Ended March 31—
August
1974, being the entire
principal amount of the 2%% series due Oct. 1, 1974. of a total Issue
of $47,000,000 first mortgage serial bonds.—V.
160, p. 2297.
ness
Income
York,
New
Street,
New
The
500,000
tribution
112.927
profits
other
at
on
2544.
p.
$10 078 378
re¬
properties
Prov. for Fed. income &
Other
William
from
pairs
Net
1.300,000
1,300,000
108,333
108,333
maint.
made
be
$20,773,039
Redemption-
redemption
for
to
would, receive $700 of
indebtedness
Net
bonds, due 1946, at 100 and interest. Payment
the City Bank Farmers Trust Co., successor trustee.
Kansas City Terminal
a
renew¬
appropriation
our
the
resources
V.
gold
Keystone Custodian Funds,
replace, reserve
for
will
22
called
been
5%
Combined
Power Co.—Earnings-
.
deprec.,
&
13,212
40,380
1945—Month—1944
30—
Oper. revenues—electric
Operation
Maintenance
have
mtge.
V. ,160,
I
Houston Lighting &
Prov.
$206,662
rets..
from fil. of cons,
1st
All
—
savs.
of
1945—20'Wks.—1944
$22,860,092
1656.
p.
Kansas City Gas Co.—Partial
11,306
47,814
1999.
p.
$4,617,908
sales
161,
increased
be
19"3,
common
certificates would receive
share-for-share basis.—V, .148, p. 884
cash receipts
cash funds in
possible
Company
Increased—
1945—4 Wks.—1944
$4,380,204
Period End. May 19—
par
31.
2110.
Retail
would
bond
due
Outstanding
10-cent
tJniversity, Chicago
operated profitably during
■
&
Engineering
shares
$1,000
of
debentures,
initially.
into
participating
a
President,
our
until
made
"It
of
made
retirement of
funds
basis
one
be
Elliott,
"The
the
and
5%
reclassified
Chicago 5, 111.
public 20 years ago.
refinancing,
1929
Controlled—
Continental
—V.
$195,356
38,749
___—-—
—.
Fed.
161,
als
50,000
$185,238
income
—V.
50,000
profits taxes
accruals
—
excess
deductions
Income
Net
87.556
$233,052
income
Gross
337,591
125,505
(net)
income
♦Other
316,216
income;
operating
Utility
G.
until it was sold
Management Corp, of
Secretary,
from
on
of
outstanding
oe
has
1
recapitalization wh *h
outstanding shares of 7%. preferred stock havo
redemption on July 1, next, at 100 and dividends.
for
the
"Before
$670,503
deductions——2
reserve
to
"Our
Jewel Tea Co., Inc.—-Sales Again
1944
$686,025
and
income
called
L.
Engine Co., Pottstown, Pa.—Resigna¬
Vice
ol
$1,500,000
formerly
been set as
corporation,
Sept.
plan
Street,
1204.
directors
of
this
of
that
2,546
will
of
Smith,
and
common
the
conditions.
Story
of
each
oi
Holders
Dearborn
tion—
owners
new
of
been
Investors
p.
Holders
Payment
/
,
$737,779
7% Preferred Stock—
with principal place of business
Syndicate, their organizer and pro-,
motor,
owns
their entire
capital stock,
which, for each company
consists of 10,000 capital shares at $1 stated value.
The organizerpromoter paid $10 each for such shares or $100,000 to each of these
at
10,
were
bonds
advised
proposed
a
would
LaSalle Extension
companies
$792,162
in
assets
invested
investment
$863,000
stock.
exchange
Cost
1945
revenues
Retirement
70,000.
All
these
01'
authorization
about
common
Selective Fund, Inc., will be invested primarily in invest¬
quality preferred stocks arid bonds, purchased to provide rea¬
sonable fhfcome, combined with conservation of investment values.
of
for
3Va%
been
acceptance
debentures, $300 of certificates
same
now
lor
have
par capital stock would be
and the number of authorized
investment
1945— 5 Mos.—1944
$161,911
(Del.)—Plan of Reorganization—
10-ycar
Corp.,
110
Investors
Electric Light Co.^-Earnings—
March 31—
revenue
dnte
which
of
the
of
Bros.
provides
shareholders.
35,000
will
open-
respec¬
E. Crabb, President of
underwriter,
1945—Month—1944
Lancaster Corp.
Securities
their
Lamston, Inc.—May Sales Lower—
161, p. 2110.
Holders
ment
Co.—Listing of Additional Com¬
the listing of 119,666%
shares of common stock (par $10) issuable upon conversion
cumulative convertible preferred stock.—V. 161, p. 2446.
sharesUILir%_I%7"
3,000.000
on
$160,621
—V.
possibilities.
p.
Exchange has authorized
Houghton County
share
$246,952
$0.03
671.
Period End. May 31—
chiefly in common and
purchased for their appreciation, as well as income
preferred shares,
There
12 Months Ended
161.
Sales
1.
principal
investment
new
the
and
fund,
Stock—
The New York Stock
118,053
10.0*2
Earnings
Woods
manager, and founder of these two new tunds holds the
to Investors Mutual, Inc., a balanced
See
Reduce Pfd. Div.—
8.102
$373,C48
profit
—V.
161,
—
corporation and Investors Selective Fund,
investment
action
Ilinde & DutiCh Paper
mon
All
$29.63
adjusted
special meetihg
sider
of
owned
Net
Le Roi
of stockholders will be held on June 22 to con¬
upon the proposal to amend the Amended Cer¬
tificateof Ihcdfpdfation to reduce the dividend rate on the preferred
stock from 6%
to 5% from and after Nov. 15, 1945, and to make
such preferred
stock non-callable prior to Nov. 15, 1950.
V. 101,
p.1999.
«
*
A
per common share
securities
and
85%
Hercules Powder Co.—To
$365,545
investments.
Depreciation
2543.
P.
33L757
incme
Provision for taxes..
end
170,000
♦
S697 303
_
costs
Income from
15,585
68,844
Ended
59.GC5
bullion,.
of
Months
1
Operating profit
1945—4 MOS.—1944
linal
This
1
Surplus for 4
1945
Total
Jacobs Aircraft
JU3.475
—
share.
Earnings per common
$152,479
$361,405
Depreciation and depletion—_____
accrued (estimated)
—V.
379,130
$303,260
58,146
—
——
Taxes
Net
$753,330
273,521
217,493
___
income
Total
$425,999
$520,753
1943
Estimated
treated
ore
$3,465,576 $14,207,906 $12,765,274
Investors Stock Fund, Inc.-—Completes Share
Registra¬
rated
1944
_
profit
Other income
tons of
Gross value
sold
Quarters Ended March 31—
Net" receipts from ore sales—2.
Operating expense
on
Earnings and
April 20,
Dry
Completes Share
Registration—Plans Early Offering—See Investors Stock
Fund, Inc.—V. 161, p. 1204.
Both
Ilecla Mining
Production,
2448.
on
plied with.—V. 161, p.
Lamaque Gold Mines Ltd.—Earnings—
invi¬
the
May 31, '45 Apr. 30, '45 May 31. *44
assets vaiue
excess
May 3i declared a %'/« stock dividend payable in
unissued class A stock to stockholders of both class A and class B
stock of record July 16.
The distribution will be payable July 31 or
as
«oon thereafter as a permit can be obtained from the State Corpo¬
ration Department and the rules of regulatory bodies can be com¬
directors
Gross
$3,444,242
.
wet
18,
The
to
tion—Early Offering Planned—
Co.—Tenders Sought—
Gulf Power
pursuant
1945—Month—1944
•
2334.
p.
Investors
1945—4 Mos.—1944
1945— Month—1944
that
(M. II.)
Co., Inc.—May Sales Off 4.4%—
31—
Period End. May
148 in
161,
Dow of New
G
(II. L.) Green
The
announced
Investment Co. of America—Asset Value—
York has been elected Vice-President of the
company's newly created" foreign division, William B. Hartz will suc;iped Mr. Dow as Eastern Tra'ffic Manager and John F. Burns will
succeed Mr. Hartz as General Agent in New York.—V. 161, p. 2445.
Sales
Jres
—V.
Great Northern
Harry
5
Interstate Department Stores,
Inc.—May SalesPeriod End. May 31—
$1,824,883 $16,493,773 $14,112,583
$2,034,102
Met sales
June
on
Operating
1945—8 Mos.—1944
1945—Month—1944
corporation
to,!?11 }?x tenders of the $5 cumulative preferred stock, there have
a share
V
approximately 3,300 shares at an average price of $49.94
Shops Inc. (of Calif.)—May Sales—
(The) Grayson
Period End. May 31—
l-V.
The
1945—Month—1944
161, p. 2109.
—V.
2557
Inc.-^-To Dispose of Utility Holdingsintegration, nearing before the SEC. June 5, the
a
brief
consented to dispose of its interest in
and to the entry by the Commission
disposal—V, 161, P. 2334.
Eastern Gas & Fuel
oi an order directing
Co.—Financing Proposed—
has
petitioned the Massachusetts Department
or
Utilities for
authority to issue either first mortgage bonds or un¬
secured notes in an amount not exceeding 5)00.000. bearing interest
at not in excess of 3%% and to mature not later than 25 years from
date of issuance.—V. 161, p. 1205.
The
company
Federal
5,975
5,975
$295,768
225,143
$309,770
225,143
$1,207,160
900,570
75,237
75,237
300,948
inc.)
20,000
___——_
Class
A
com.
dividends
B
com.
dividends
1774.
—V.
161.
P.
\
1,494
Class
Maintenance
Depreciation
Amort,
_———
362
361
1,472
Fed.
313,053
294,441
profits taxes
992,453
919,192
33,090
119,206
122,750
taxes
income
335,294
1,199,347
72,563
$1,102,705
90,038
$3,972,627
427,985
which
$1,192,743
$4,400,612
1,693,915
$4,596,281
$1,047,767
_
income
Other
income
Gross
beginning
;aiance,
840,038
809,173
911,619
766,704
$1,568,313
$3,618,316
$3,740,430
269,003
1,076,012
1,076,013
1,550,763
269,003
387,691
387,691
$876,549
$911,619
will
until
2
Other
p.
m.
Net
County Gas & Electric Corp.—Bonds Called*-*-
Luzerne
July 1, next, $253,000 of
for redemption on
been called
have
There
and interest. Payment
Will be made at the office of The Pennsylvania Company for Insur¬
ances
on
Lives and Granting Annuities, trustee,
15th and Chestnut
Streets, Philadelphia, Pa.—V. 160, p. 225.
bonds, due 1966, at 1043/4
mortgage 2W7c
first
1944.—V. 161, p. 2112.
in May,
on June 15 receive bids for the sale
fund 4V2ft. bonds due May 1, 1963,,
interest.—V. 161, p. 10.
Mexican Light & Power Co.,
'
McKesson
-V.
post, which was created to meet the needs of the
company's
expanding merchandising operations,
Mr. Lipscomb will
assist I. H.
Bander, Vice-President in charge of drug and
sundry
sales, in directing the sales divisions of 67 wholesale drug houses in
48 states, Mr; Murray said.
;
His duties as head of the Industrial Chemicals Division have been
his
In
taken
new
appointed a Vice-
who has been
by F. Dean Hildebrandt,
over
for
Heyer,
Industrial
the
Vice-President
and
Sales
Manager for
will include the development
bilities
interest
strategic
V. ,161,
throughout
points
the
$306,532
for
will
to
Mr.
—V; 161,
ph
•
a-.-., • •;
..
v..
V. :.ft
-ft..
■/
.
Manhattan Bond Fund, Inc.—Quarterly
Six
Ended
Months
"Ordinary Distribution Account":
Income—interest
'•
:
April
:
of
Net
.
_
income
(exclusive of
Balance, Oct. 31,
.•Equalization
1944
Total
Cr6,432
$469,154
7,123
$478,439
stockholders.
April 30.
—.—ft—————
Cash
Lsporte Heat
Utilities
start
Balance,
Excess
April 30.
of
value
Balance,
Oct. 31,
Increase during
based
closing
on
1944—
in
received
amounts
for
naid
capital
for
capital
stock
lioin
contingent
road
interest
bonds,
A
fore
been
for
the
portion
prior to the dates
applied
on
as
the
of
which
a
company
ended
yepr
received
Dec.
such
interest
such
bonds
reduction
of
31.
is
1°44.
$5,180,306
to
the
acquired and has
-pavable
for
securities
vet
net
vet
received,
not
received,
$48,964;
to^ $9.94 per share on 2,316.828 shares outstanding)—
stock (in cents pari, $231,683; paid-in surplus. $16 617,686;
oraftiflrv
distribution
quotations
p.
3545.
account"
balance,
$15,439:
excess
of value
of
cost
thereof,
$5,180,306;
over
'
Ended
investments
sccuritv
based
total,
o"
profits sur-
closing market
$23,147,863.—V.
deductions
.
excess profits taxes—307,506
accruals-,
54,635
$300,355
$227,798
447,192
52,362
:__
127,030
—
69,283
$427,384
(net)
$297,087
ft 99,472
58,732
$327,913
$238,354
116,627
-ft___
tax
savings
62,893
filing of
from
returns—
1945
$572,019
161,
in
banks
cost),
from
ry.
—V.
March
31,
and
plus
orders,
$14,850:
1
payable
from
for
for
and
(due
April,
23,0o0
sale
value
war
216,400
$672,708;
•
U.
S.
of
life
insurance
equipment
policies,
(after
within
deferred
$14,476;
($5
one
for
the
for
in
the
for
de¬
charges
on
customers'
1945,
on
land
ended
1945,
of
for
Federal
Sept.
$600,
$6
1943
including
'
304-'
on
interest
pairl-in surn'us, $425,480; earned surplus, $187,197; totalVe $2 402 615-1
161, p. 882.
'
'
Award—
Rcbert
ers
"E"
cf
P.
this
award
Regulator
,
.
Patterson,
company
..
Co.
have
been
awarded
for excellency in war production.—V.
Wins
—
--..ft
Under-Secretary „of War,
they
$4,844,409
Drl,414
19,308
12,805
$923,513
$942,056
$4,363,717
$3,475,980
1,633,660
412,985
413,955
2,901,992
$528,101
127,701
$1,961,725
510,803
$1.842,320
127,701
ft^U-.
has
their
ici.
$382,827
$400,400
$1,450,922
$1,331,523
fifth
incl,
company
respect of
amount
had
the
benefit
on
reducing
sale
such
revenues-
by
approximately $1,247,000,
161, p. 10.
which
Earnings-
Operating
expenses-
$21,916.-42
$1,844,682
$19,971,479
355.585
457,071
5.236,568
6.130.639
493,561
taxes.—
retire,
-1944
1945—12 Mos.—
>
$1,513,234
531,851
4,914.580
5.395.906
134,499
146,764
1,594,942
1,681,605
2,055.616
Federal taxes
reserve
taxes
the
tin
1945iyfio—Month—1944-•
Operating
Prop,
comparison,
applied to reduce such loss.—V.
was
Montana Power Co.
Other
last quarter of
for Federal tax purposes of deductions
of transportation properties, which naci
of
purposes
Period end. Apr. 30—
—
and
.—
depl.
125,000
171,568
1,823,262
$494,589
$537,428
$6,402,127
136,668
appropriation
Net oper.
Other
revenues;
income
.■
20,416'
(net)__
Gross income———
4,811
$425,005
$6,538,795
1,789.^49
$542,239
127.W
$6,780^.813
145.781
152,151
debentures.
44.125
44.125
529.495
1,83V_«
529 49J
& deductions
4.745
6,136
173,375
10^.003
income..—$230,354
Interest
$339,827
$4,046,570
957,534
on
Interest
Net
ft
Army-Navv
2223
/ ft'-
spec.
for
the loss
of
510.803
stock &
mtge. bonds
on
ft
Fifth
informed- work¬
p.
com.
adjustment.—
Other int.
"E"'
$943,470
6,591
dividends.^.
effect
$3,453,181
$916,922
con¬
$2fP 167-
V.
Minneapolis-Honeywell
Crl, 247,000
and
contract
$17 092"
stock
common
stock
taxes
30
$778,863'/land
continvencies,
$495,000;
deposits
class A
contract,
estimated
years
31;
instalments
reserve
15,
year
March
par),
$59,808;
April
reserve
to
monthly
stock
(trade),
payable
584,900
$2,398;
reserves
$244,070;
1944
receiv¬
1,941,100
545,400
011
prop..
$510,528
surplus,
capital
1,918,500
income
on
•Reclassified
Government
1.495.000
1,325.068
351,000
deductions
tax
1945
1,493,000
1,281,240
375,000
319.000
Net income
for
$16,255,310
6,892.447
1,138,514
348,000
income—
Preferred
6,948,257
1,120,658
depict;.
transp.
Gross
529
contracts..
Sheet, March 31,
$151,284),
payable
due
of
1,847,187
264,350
Fed.
—
Operating income—
Non-operating income.
Total
of
hand,
on
than
other
Mos.—"1944
$4,365,907 $16,359,064
214,272
$299,903
interest, $410,480; accounts
inventories, $42,923; investment in
$51,044;
in
A
433,172
Co.—Earnings
1945—12
1945—3 Mos.—V1944
1,740,266
tReduction from loss
8,856
'
months
19461,
class
1,330,968
583,925
expenses.—_
115,181
accrued
renegotiation
six
2,354,356
1,221,255
501,536
$4,083,860
Federal taxes
$82,974
dividend
liabilities,
end
and
1944.
2,280,090
240,333
revenues.—
oper.
Bal.
amortization
instalments
143,554
161, p. 2003.
income
1,119,304
$2,402,615.
$70,333;
2,321.386
1,356,145
953,545
—
income
Depreciation &
owned
Liabilities—Accounts
on
319,052
,130,738
\ 1,995,718
railway—
railway.
oper.
Taxes,
1945
subsidiary, not consolidated, at cost (Rieke
Corp. 51ft
of stock), $724,132; post-war refund of
profits
taxes,
$99,499;
patents
and
licenses,
less
total,
$628,359
358.990
Monongahela West Penn Public Service
income (less post-war refund
on
$177,654;
partially
'
26,163
$565,074
315,935
137,5426 n-
223,829
income
1942
1943
1944
$489,440
Maintenance
—_ZZZZZZZ
contract—.,——
taxes
possible renegotiation
(net),
excess
vertible
(equivalent
plus/ $980,933:
1944
$2,719,225
1,991,873
railway
railway
Operating
partially-owned subsidiary
other income__
of
income
accrued^ Caxes and accounts payable, $24,989; capital stock and surplus
capital
and
—
Period End. Mar. 31—
and
and
rail¬
there¬
$22,interest purchased. $288.-
net
1945
$3,293,879
2,631,383
March 31—
Federal
from
Net
57,917
Products
accrued
repurchased,
purchased,
Service Corp.—Earnings
reserve
oper.
Net
Journal.")
$27,800——.._
preciation
period
573; receivable from wholesale distributor for cnpital stock sold,
yet delivered, $86,648; deferred charges, $1,138; total, $23,147.863..
Liabilities—Payable for capital stock
of
$17,943;
Balance Sheet, April 80, 1945
Assets-pCash on deposit with custodian. $93,112; investments,
$47,863:
Period
Months'
amortization, $10,809: cash
land, buildings, machinery
cost.
end
ry.
Gross
(& Subs.)—Earnings—
Consolidated Balance
(at
trade
Federal
A/ftft'ft jftft'
678,393; receivab'e for interest accrued
for
.
Metal
representing
certain
on
applicable
were
their
$50,620.
39,884
ft/ft!;.ft; ft./'
From Jan. 1—
under the Hold¬
ca^h and securities unuer the p.an
("Wall Street
-
;
stock
per share amounts of the "ordinarv distribution
dates of sales and repurchases of capital stock.
Not*—During the period
Co.,
1
land
Assefs—Cash
equalization for the
account" at
109,067
73,626
from
Net
Northern Indiana
Shore Line Shops,
profit for period—...
securities
sold, less com¬
representing the
stock
repurchased,
504,273
205,918
53,130
deductions
from
reorganized also registered
amount of
purchases
and
Dividends
704,349
ft——
770,907
188,247
"42,861
income
Net
$267,997
paid on
credit)
able.
parable amounts
&
income
Interest
$4,475,957
..iBalanc^, April 30, 1945
771,845
103,365
161, p. 2223.
Gross
$1,502,481
market
the period
ft; •Portions of
Electric
month.
Six
for
on
co«t thereof:
over
as
this
early
received
-
quotations
Gas
Corp.,
Service
Distribution of
Dividends
$980,933
investments
855,528
Monongahela Ry.—Earnings—
231,500
1945—
of
Indiana
profit
Net
•'
♦'
13,384
Corp.
Co.
Act.
amortization
Total
ftft
27,007
161, p. 2003.
consolidated
—V.
SEC—
Selling, general and administrative expenses.-—
$1,212,434
distributions to stockholders..
"4,225
income—
revenue
■'Includes
materials, finished parts, productive labor, prepacking
and direct manufacturing expense, including depreciation
1,212,038
——ft——.
30.190
"55,467
income
Net
Co.,
Power
was
Berrien
Provision for Federal
,.'i. Total
East Missouri
$395
—
$132,829
62,474
railway
income
Income
Raw
(less $3,262 provision for
—
$215,484
16,372
$925,000
of
formed to put into effect and carry out
of- the jofnt plan of reorganization of Mid¬
Midland Utilities Co., dated Sept. 30, 1944, has
Co..
Discounts
Net profit from sales of securities
New York State franchise tax..
price
Co.—Registers with
subsidiaries,
Earnings
$15,439
Security profits surplus:
Balance. Oct. 31,
1944
1942
$157,495
"31,683
railway
income
Gross
463,000
3945
1943
1944
$155,113
income
oper.
^Other
sales
Net
Net
Balance,
from
from
Retirement
interest in Arkansas-
base
a
subsidiary,
Miller Manufacturing Co.
92.423
■
to
396,978
railway
oper.
ry.
Total
2,162
—_
distributions
Service
to
and
Cash
ry.
Federal
$555,146
credits—net—
$528,744
266,856
railway
Operating
terms
and
Co.
Company
was
*
„_
$1,470,513
$48,857
1945
from
from
series A 4ft, and all the outstanding 18,510
stock of Arkansas-Missouri Power Co.—V. 161,
which
and
letter's
and
Inc.,
i'
security profits and losses)
$48,537
preferred stock—_____
to
applicable
Operating revenues
to L, F. Rodgers
Arkansas-Missouri Power Co.
$285,000.
its
in
Realization
United
Midland
.
187,084
Cr2,7G2
bonds,
company,
the
ing
/
RepurchaseIcharges;received.-,-.—;
Expenses
for
Walton
B,
of
interest
preferred
-provisions
Public
Statement—
.•
779.167
367,416
12 Months Ended
to sell its
the Com¬
of the corporation
with an order of
...
J945
30,
bonds (incl. $5,372 contingent interest)
on
'
568,750
26,713
Cr4.95
Net
registered with1 the SEC under the Public Utility Holding Company Act
of
1935.
It listed as its subsidiary companies Midland Utilities Co.
Security Profit and Loss,
>Statement of Income and
,
'
$3,194,152 $12,398,691 $11,460,411
...
its
mortgage
and
.
Gus
consideration
sell
Midland
the
<t
1945—4 Mos—1944
1945—Month—1944
$3,208,676
62,500
29,139
to
April—
2112.
p.
31,250
construct.
Net
Rodgers for a base price of $600,000.
also included the redemption and retirement of $350,000
shares
land
Peridd End. May 31—
SalW,l6ftft-AA———_
•
mtge. bonds
& deductions
Gross
$265,265
its common stock
West will sell
Co.,to
Power
base
a
also
revealed.—
; 'V.'-.v: ";ft V:.;-■■■'• ft"..
Co.—May Sales Increased 0.5%*—
3,882
$1,49.4,995
From Jan. 1—
and its fcommon stock iaterest.in Missouri Edison*. Co.
This
McLellan Stores
9,339
$2,403,917
Net
Subsidiaries—
approved the proposal
two
companies to comply
Middle
Missouri
Murray
Mr.
country,
541
$137,750
p. 2249.
of heavy
ft'
2112.
p.
884,000
$1,491,113
1,150
Net
1944
$1,097,486
832,221
__
has
in
mission.
first
department.
His responsi¬
chemical departments at
this
732,000
$2,394,578
161, p. 2335.
Gross
The proeram
who has been in charge of New York operations
Chemicals Division,
now
becomes an Assistant
R.
61,000
$137,209
Utility operating income
SEC
The
President. •
Walter
61,000
Missouri & Arkansas Ry.— Earnings-
2335.
p.
Middle West Corp.—To Sell
President.
•j
earnings
161,
1,270,271
753,237
$107,601
—
Mobile Gas
1945
$1,188,329
881,797
earnings from operation—
Net
Lipscomb, Jr., Vice-President who lias
been
in charge of the Industrial Chemicals Division of McKesson &
Robbins, Inc., since 1942, to the new post of Assistant General Sales
Manager was announced on May 31 by William J,
Murray, Jr.,
Charles T.
705,469
April—
Personnel—
Robbins, Inc.—Changes in
&
of
Appointment
5,820^430
1,282,967
57,102
Ltd.—Earnings—
Operating expenses and depreciation
;
5,725,284
146,097
63,942
income
Net
—V.
Bonds—
ft'ft/ftftftftft-'
Month of January—
Gross
456,325
$108,751
Dividends
(Expressed in Canadian currency)
.■
■
■
revs
1945—12 Mos.—1944
$857,733 $10,840,298 $10,219,051
173,246
—
retirement re¬
appropriation—
chgd.
2335.
p.
Co.—Earnings—
450,664
——
"Deficit.—V.
McCrory Stores Corp.—May Sales Off 5.81%—
Period End. May 31—
1945—Month—1944
1945—5 Mos.—1944
Sales
$5,400,114
$5,733,375 $26,655,356 $25,204,539
The company operated 202 stores in May,
1945, the same number
as
161,
88,422
———
oper.
on
Int.
called
V.
also
See
136,187
118,738
Other int.
outstanding Oft general mortgage
for
redemption on June 25,
the
of
been
238,890
133,777
$856,453
Gross income
gold bonds, series A,
next, at IOIV2 and
interest.
Payment will be made in Canadian funds at any branch
of The Royai Bank
of Canada, or at the holder's option in lawful
money of the United Sattes of America at the agency of The Royal
Bank of Canada in New York City, or in English sterling at the fixed
rate of $4.862,h to one pound sterling at The Royal Bank of Canada
in
London, England, or in lawful money of the Dominion of New¬
foundland
at The Royal Bank of Canada,
St. Johns, Newfoundland.
All
have
292,701
Other income
trustee, 70 Broadway, New
Mersey Paper Co., Ltd.—Calls 6%
Electric output of this company for the week ended June 2, 1945,
29,687,000 kwh., as compared with
30,857,000 kwh. for the
corresponding week last year, a decrease of 3.8 ft.—V. 161, p. 2448.
expenses
taxes
serve
Weekly Output—
totaled
436,128
1945—Month—1944
revenues-
taxes
Property
sinking
secured
$45,000
prices not to xeceed 101 and
at
581,429
105,195
income—
oper.
Operating
Inc,—Tenders Sought—•
Bank & Trust Co.,
Hanover
22,064
749,855
,
161, p. 2002.
Federal
year, according to Mr.
scarce.—V. 161, p. 2111.
very
29,291
239,385
railway—
from
ry.
Period End. April 30—
increase on poor weather.
somewhat heavier than last
are
Y.,
N.
of
it
to
670,265
railway——
Operating
also were ahead of last year, Mr. May said, although
less than in the earlier months.
He blamed the
of
rate
Central
York,
38,972
—
-
although all cotton goods are
The
24,401
was
Mercantile Properties,
8,291
32.175
income—
Mississippi Power & Light
30—
unpredictable.
is
year
$113,382
59,585
from
Net
—V.
Int.
*13,387
$911,619
the
May
Inventories
114,293
—
$876,549
April
1942
$148,944
81,665
oper.
Net
..
79,453
101,604
rights
of
in
declining
1,550,762
Ended
—
increase
May,
gas
ftv:
1943
v
$191,241
55,245
railway
From Jan. 1—
proceeds of
Temple
ry.
Gross
Department Stores Co.—Sales Rising—
Months
Sales
the
A-*£-ftft-ft
completed.
will distribute the
never
Masonic
—
rest
the
stock
but
1926
bondholders.
from
Net
1945
1944
$45,375,000 $39,600,000
Morton
J.
May,
President, further announced to stockholders at
their annual meeting held on June 5 that unaudited figures indicate
that earnings
kept pace with sales.
He pointed out, however, that
the fall season is normally the most profitable, and that business for
c
_———
in
the
of
the
to
May
Sales
$2,973,726
$1,533,243
period
trustees
sale
Four
1,622,555
$2,706,697
$759,140
$693,205
income
Net
433,6G3
427,125
deductions
Income
started
was
The
$4,292,198
304,083
$1,120,330
income—
oper.
Net
an
1944
1945
$158,790
railway——
from
Gross
R. L,
Francis Street, Providence,
Masonic Temple on
unfinished
Mississippi Central RR.—EarningsApril—
State
R. I.—Acquired by
was
for
the
Net
were
just recently purchased for $754,000 by the State of Rhode Island
office building at exercises in the office of Gov. J. Howard
McGrath.
The
State
thus
became
the possessor of the structure
2,652,463
30,435
inc.)
this
2,
par
no
Masonic Temple, Providence,
1,192,525
taxes__
1,258,853
1,149,948
3,011,068
income
excess
State
April
1,490
304,667
________
(other than
Federal
cents per share
value, payable July 2 to
was paid on Jan. 2 and
year,
and on July 1 and Oct. 1,
1944.
No other
made in 1944.—V. 161, p. 2222.
cash dividend of 15
like amount
A
20.
June
record
payments
The
limited-term
of
investments
Taxes
1945—12 Mos.—1944
of
stock,
capital
outstanding
holders
$5,441,509 $20,296,228 $19,271,181
7,863,856
7,012,685
2,039,541
1,086,198
961.223
248,409
1,833,000
1,836,500
458,250
2,241,232
237,021
458,250
.
the
on
(& Subs.)—Earns.
from/dealings Minneapolis & St. Louis RR. Co. refunding and extension
mortgage 5ft 50-year series A bonds, due Feb. 1, 1962; and first and
refunding gold 4ft bonds, due March 1, 1949, and Iowa General Ry Co
first and refunding mortgage 4ft 50-year bonds, due March 1, 1951
1
V. 159, p. 2523.
v- ft/:"
■' ftV-' '■
15-Cent Dividend—
Martin-Parry Corp.—To Pay
current
the
and
time receive pay¬
interest to Aug. 1, 1945,
bonds.—V. 161, p. 2334.
presentation and surrender of said
upon
current
the
price, plus accrued
the full redemption
ment of
1945—3 Mos.—1944
$5,615,014
—_
——__
also taking cognizance of the apparent disparity between
quotations on the floor of the Exchange for the bond!
market value of the common stock or the amount
of
cash which
bondholders are entitled to receive in exchange for
the
bonds pursuant to the plan of reorganization which has been
approved and which became effective Dec. 1, 1943, on June 1 suspended
and
public
oo.,
46 Wall St., New York, N. Y..
Holders of the above mentioned bonds may at any
$1,246,325
900,569
300,948
York
New
market
F&y-
trustee,
The directors have authorized a
Period End. Mar. 31—
revenues
ment
76,350
ft-
73,250
(Ky.)
Louisville Gas & Electric Co.
Operating
Operation
have
$1,356,382
27,731
taxes—
income
income
Net
$1,335,635
ft'ft 49,249
15,230
expenses
(other than
Taxes
$335,910
5,896
1,494
r
18,750
$332,498
revenues
& admin,
Gen.
RR.—Bonds Off List—
Stock Exchange, because of the small aggreeata
value of the issues remaining outstanding in the hands of the
The
I960,
mortgage 3Vaft bonds due Feb. 1,
been called for payment onAug, 1, 1945, at 106 and interest.
will be
made at the -Commercial National Bank & • Trust
All of the outstanding first
1945—12 Mos.—1944
1945—3 Mos.—1944
Period End. Mar. 31—
Total
Minneapolis & St. Louis
Co.—Calls 3V2% Bonds—
Marion-Reserve Power
(Del.) —Earnings—;
Louisville Gas & Electric Co.
"■
Monday, June 11, 1945
CHRONICLE
FINANCIAL
THE COMMERCIAL &
25S8
Dividends
applicable
to
pfd.
stocks.—
periods prior tb
consolidated operations of the comnanv and its former wnou_subsidiary. Glacier Production Co., and includes for period P1-
Note—The above income statement includes for
14,
1S44.
owned
161 y Number 4393
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
If 1944, consolidated operations of the company and its former
wholly-owned subsidiary, Great Palls Township Co.-
to Jan.
has requested the SEC approval of two transactions
which the company would create a capital surplus of $28,and thereby facilitate compliance with orders issued by the
public Service Commission of Montana and the Federal Power Com¬
company
The
The
corporation
control
Create Capital Surplus—
To
National Airlines, Inc.—Seeks to
through
933,300
of
posited
Civil
than
more
80%
Aeronautics
National
tional
proposed to reduce the capital represented by 2,481,665
outstanding shares of no par common stock from $49,633,300 to
<20 700,000 and to increase the stated value of the 159.589 outstanding
shares of $6 preferred stock from $15,869,773 to $15,958,900 without
ftny change in the number of shares in either case.—V. 161, p. 2335.,
bean
Expand—
application
an
for
out
permission
to
acquire
Airlines,
stock
in
its
of
Board
011
the
stock
approval
basis
a
application
states
with
this
which
National,
stock
has
not
that
It
and
will
yet
be
been
intends
on
to
maintain
s
Motor
Wheel
Corp.,
above.—V.
161,
The
Marine
of
Midland
$553,000
Co.
by
according
to
T.
$3,893,395
Operating revenues—
Operating expenses .
Operating
Net
$3,482,824 $15,372,495 $14,005,807
—V.
2,467,419
22,182
10,060,649
630,820
3,552,234
930,019
II.
Co,
reserved
when
Omaha
1
added
Electric
of
as
the
the
net
Committee.
Inc.,
Power
board
the
bank
further
current
purchased
Co.
for
the
1944,
26,
of
debt
pay¬
Nebraska
Nebraska
held
addi¬
an
retirement
assets
than
more
made
of
Dec.
on
the
1
1
purchase
Inc.,
of
$300,000
June
011
the
June
for
that
began operation of Nebraska
York
in
Committee,
about
were
New
Chairman
that
exclusively
He
June
011
stated
of
incurred
Maenner,
also
purchase cost.
of
Dec.
011
the
debt
Power
retirements
Co.,
to
date,
of
of
Nebraska
26,
1944.
property
account
aggregates more
now
increases in
plus
its
and
electric
of
than $1,000,000.—V.
Nebraska
p.
assets
2223.
161,
250,926
1,230,965
1,048,750
Period End. May 31—
1945—Month—11944
Sales
$2,901,465
—V.
161,
record
$14,162,198
1945—-Month—1944
1945—5 Mos.—1944
$7,490,048 $7,570,073 $35,693,117 $31,857,456
May 31—
Period .End
Sales
The
207'in the
had 208 stores in operation, as com¬
1945,
May
in
company
pared with
New England Gas & Electric
$13,338,998
For
This is
increase of
an
for the
week is
1
of
1.75%'
a
$68,424,378 $64,234,662
60,913,106
57.154.683
$7,079,979
89,185
year
output
increase
V.
year
ago.
ft.,
an
production of 99,787,000
value
ago.
May,
is
1945,
34,706,000
reported
cubic
feet
feet,
the
in
532,521,000 cubic feet,
6.9%
above
production
as
or
corresponding
month
a
for
year
an
of
ago.—
2450.
p.
income
Other
Totai
$7,644,856
27,467
;
for
•Provision
companies--
Provision
770,800
4,498,200
250,000
(estimated)
profits taxes
excess
225,025
<fc amort, of fixed assets
depree.
Minority interest income of subsid.
Federal and State income taxes
tFederal
$7,169,164
247,025
896
income
Interest
contingencies
lor
New England Power Association—SEC Tells
Faults
the
the
011
Net
47,880
revised
of
$3.54
$3.57
share
common
per
basis
•On
21
dividends
Earnings
371,196
pfd. stock
cumul.
6 %
on
$1,815,573
52,896
503,353
$1,850,468
profit for the year
Dividends
established as at Jan.
values
31,
and on
1936,
in
$55,795
tAfter deducting debt retirement credits
in 1944, and post-war refund of
and $219,016 in 1944.
in
$444,005
and
1945
1945
$219,240
trust with the
Bankers Trust Co.
shares of 6%cumulative preferred
stock called for redemption on March 15, 1945.
Note-On
the company deposited in
$493,009 tor retirement of 40,000
Jan.
24.
1945,
was amended on March 31,
1945, lo
reduction in the authorized shares; accord¬
ingly the reduction in the authorized shares, the retirement of the
outstanding shares called for redemption, and the application of the
related deposit have been given effect to in the attached consolidated
certificate
The
the
reflect
balance
sheet.
Pursuant
authorization
to
to directors,
granted
were
incorporation
of
corresponding
shares
of
stock
common
at
stockholders
of
April
on
30,
1942,
there
officers and employees options to purchase
$5,375 per share (quoted market price on
date when options were originally authorized), exercis¬
able
in whole or in part, on or before May 1, 1945.
In the year ended
Jan.
31,
1945,
options covering 5,801 shaves were exercised; the
options outstanding at Jar.
31, 1945, covering 17,389 shares, were
exercised subsequent to that date.
Aug.
1939,
24,
Balance
Consolidated
Sheet,
Jan.
31
8,239.147
*U.
S.
1944
1945
Assets—
$7,099,738
393,500
Inventories
4,321,568
7,354,903
cost
receivable
158.500
4,724,915
at
securities,
Government
IIAccounts
7,691,302
.
Equity in cash surrender value of life insurance187,862
753,138
refund
of
profits tax
trade Investments
excess
receivables and
other
Prepaid insurance premiums,
plies.
etc.
**Fixed
69,722
taxes, rents, sup¬
615,691
assets
and
receivable
amounts
587,464
1,780,586
w
in
1,957,263
from
wholly-owned real estate companies (not con¬
solidated)
Goodwill
$24,154,417 $22,368,588
Total
Liabilities—
Accounts
1,002.227
1,460,662
for
income
Res.
for
Unearned
debt
of
—-
subsidiary
company
Reserve
instalment
for
of
560,700
(bond and
mortgage obligations due in 1957, less
annual
42,530
490,100
receivable
counts
Funded
trading stamps (current)
charges on instalment ac¬
of
carrying
45,000
39,901
«.
redemp.
702,379
45,000
in transit.
etc.
estimated Federal and State taxes
tsixes
1,523,569
$2,347,803
:—
Accounts payable, merchandise
Accrued rentals, taxes, wages,
"Reserve
$2,232,808
757,982
1,106,714
payable
current
$35,000)
750,000
1,000,000.
contingencies
Reserve for redemption of trading stamps (non-
241,874
Shares
513,650
Total
5.014.874
2.786,373
8,249,460
6,950,725
3D/T56.770
$Dr 119,463
.
and common stock
subsidiary companies
preferred
and
913,650
5,046,055
surplus
of
parent
5,864
2.761.685
surplus
Earned
201.597
6,056
Minority interest in subsidiary companies
6%. cumulative preferred stock ($10 par value)
tCommon stock (no par value)
Capital
held by
_
$24,154,417 $22,368,588
_
in 1945 and $4,229,000 ->n *944
'reasury savings notes, applied in reduction of tax liability.
•After
deducting
$4,716,000
ented
by 505.044 shares in
ented
by
ftcn
shares
hares
eserve
n
held
by
of
ep 1944. JRepivand 556 com^Represented by 10.373 preferr
shares held by "s»bs>d»aries.
-.Atifii
1945 and 499,243 snares in
preferred stock in treasury
subsidiaries.
treasury and 556 common
doubtful accounts of $524,004 in 1945
for
J. ^•
_
^
and $475,421 in 1!944.
depreciation of $1,531,931 in 1945 and $1,39-. 170
1944. and reserves for amortization of $117,272 in 1945 and $96,622
1944.
ttAt
nominal values as
approved by board of directors.
•After
a
in
shares
13,548
-V.
leserves
161,
p.
for
672.
.
"■
June 2
submitted
plan
Commission
order of March
directed
order
Power
Massachusetts
chusetts
NEPA
& Light
Associates, North
Utilities Associates
Associates
Utilities
complying with a request
its tentative adverse conclusions
by the company to comply with
The
and
holding
Boston
Lighting
voting trust,
common
Rhode
companies.
Island
Public
Prop¬
Massa¬
Service
Co., to take such action as may be nee'essary to liquidate and dissolve
Utilities
Massachusetts
the
nate
NEPA
other
Associates
designated
common
the
companies
as
voting
trust
holding
and
elimi¬
to
companies
in
the
Statement
of
Tentative
Conclusion
of
the
SEC
On
March
6,
1944,
NEPA and its subsidiary holding companies filed
simplification to comply with our order of March 17, 1943,
the provisions of Section 11 <bt
(2) of the Act. Public hearings
held on the plan beginning May 3,
1944 and continuing from
to time until August 17, 1944.
Various interested security holders
plan of
and
were
time
entered
their
and participated in the hearings.
Also,
during the course of the hearings, a committee was formed by holders
of the $2 cumulative preferred stock of Rhode Island Public Service
Co. and has been active in the proceedings.
The proposed plan of simplification provides for the liquidation and
dissolution
and
and
for
its
of
the
other
substitution
subsidiary
of
Utilities
a
holding
Associates
single
common
holding
voting
trust
for NEPA
reorganized holding
company
companies.The
would acquire all of the assets of NEPA and its subholding
companies, would assume all of their obligations, and would have a
proposed capital .structure consisting of funded debt,,.preferred shares
and
common
shares in substitution for the
18 classes of securities
of NEPA and its subholding companies now outstanding,
Upon con¬
summation of the
plan, all of the operating utility companies now
in the NEPA holding company system would, with one minor excep¬
tion, be direct subsidiaries of the reorganized holding company.
The
presently outstanding funded debt of NEPA, North Boston Lighting
Properties and Massachusetts Utilities Associates, totaling approxi¬
mately
$60,000,000
would be assumed by the reorganized holding
company and would be retired at principal amount plus accrued inter¬
est out 'of the proceeds of the issue and sale by the reorganized hold¬
ing company of $60,000,000 principal amount of funded debt,
Pre¬
ferred and common shares of the reorganized holding company would
be issued in exchange for the publicly-held stocks of NEPA and its
company
holding companies, including the
by International Hydro-Electric System.
held
common
stock of NEPA
classes of securities affected, the
plan presents many difficult questions of fairness; the hearings have
been long and the record complicated.
To facilitate progress in the
case,
various discussions have been had between applicants and the
staff of the Public Utilities Division.
On May 28. 1945 applicants
addressed
a
letter
to the Commission
stating that the staff had
advised them that it. would be obliged to oppose approval of the plan
unless the amount of senior securities contemplated by the plan was
substantially reduced.
The letter also set forth that in the course
of
discussions with
the staff, consideration had been given to the
elimination of all preferred shares from
the structure of the reor¬
ganized holding company.
From their analysis of the possibilities of
a
capital structure revised along these lines, applicants express the
view that if the preferred shares are to be eliminated entirely it would
be appropriate, in the interest of facilitating a plan* of reorganization
that would be' fair to all classes of security holders, to increase the
amount of funded debt and have approximately $25,000,000 of cash
for allocation, together with common shares, to the holders of certain
classes of preferred shares now outstanding.
This would involve the
issuance by the reorganized holding company of approximately $85,000 000 of funded debt in addition to common shares.
Applicants state that the question of what constitutes a permis¬
sible capital structure is so fundamental that little further progress
can
be made in the case until this matter is determined.
They urge
that if
after further weeks or months of proceedings, the proposed
structure should be disapproved, unnecessary expense will have been
incurred
much valuable time will have been lost, and completion of
the
simplification urogram materially delayed.
They state that a
sound capital structure for the reorganized holding company
which
will
permit equity financing is essential to meet post-war require¬
ments
and that any serious delay in completing the simplification
program
might result in missing the present favorable market for
debt financing ana impair the progress of the system in the post-war
period
Apolicants ask us to give consideration to the peculiar prob¬
lems of their situation and. without
undertaking a final determina¬
tion of any of the issues,
to indicate our tentative conclusions as to
the appropriateness of thp capital structure of the reorganized holding
company as proposed in the
pending plan; if that capital structure
appears objectionable under the standards of the Act. applicants ask
that
we
indicate whether
a
structure consisting of approximately
$85 000.000
of funded debt
and the remainder in common shares
would be within permissible limits.
After careful consideration, we arc of the opinion that the carrying
Because
of
the
large
ws
following
approximately
later
may
subsidiary
amount
of
reorganized
be
the
to
as
debt,
holding
of
an
the
In
the
ad¬
plan
as
would
company
with
$14,exist.
to
companies.
funded
stock
found
adequacy
is¬
aggregate
par
the
possible
debt
the
inflationary items.
On
the basis
period
1934
through
1941
1938),
interest
requirements
on
reorganized holding company and all prior
seven-year
of
year
of. the
minority interests would have been earned *2.26
requirements' on the proposed
preferred
stock
holding company and all such prior charges would
reorganized
of
additional
for
dividend
been
earned
1.42
times.
On the basis of the applicants' esti¬
earnings, the interest requirements on
reorganized holding company and all prior
minority interests would have been earned 2.44
times and dividend requirements on the
proposed preferred stock of
the reorganized
holding company and all such prior charges would
the
been
with
normal
the
1.48
times.
account
the assets and earnings of
the system, the
underlying companies and other relevant factors and
the
particular reference to the relation of the proposed senior securi¬
to
adjusted net plant and other net assets, we
tentativly con-
ties
elude
the
post-war
of
earned
into
of
that
preferred
the
turn
mately
two
stock)
applicable
proposed
in
to
in
view
structure
request
is
senior
securities
amounts
debt,
by
the
the
fact
the
of
funded
t
proposed
debt
and
repugnant
are
applicants that,
inappropriate,
funded
ot
permissible.
of
of
aggregate
the
$85,000,000
some
classes
the
to
statutory standards.
now
consldcied
In
debt
the
holding
that
no
total
believe
this
amount
senior
might
the
is
the
approxi¬
stock
that
instance
of
feel
we
whether
preferred
we
in
company
the
indicate
we
with
first place
if
be
issuance
permissible
securities
of
the
operating companies
is relatively small in comparison with most hold¬
ing company systems and that a substantial portion of the companies
in the NEPA system have no senior
securities at all.
In this respect
NEPA
system
be
may
systems where all
distinguished
those
from
holding
company
substantially all of the operating companies have
preferred stocks outstanding in the hands
public, thereby making it inappropriate lor the holding com¬
to
have
any
senior
securities.
If
the
reorganized
holding
or
large amounts of debt and
the
of
pany
issued
company
securities
of
amount
of
for
$85,00,000
the
would
the
72%
and
debt,
holding
the
of
reorganized
admitted
funded
of
reorganized
to
holding
publicly-held
and
senior
its. subsidiaries
net
plant
and
company
additional
possible
the
company
consolidated
subsidiaries
inflationary
and
other
net
adjusted
Items.
If
it
is
arbitrarily assumed for purposes of calculation only that the proposed
funded
debt
were
sold
on
a
4%
interest
basis,
the
seven-year
average
earnings
would
have
amounted
to
about
2.07
times
the
interest
requirements of the reorganized holding company
and
all
prior
charges
cants'
including
estimate
interest
minority
the
of
normal
interest
rate,
holding
interests.
post-war
and
company
all
the
On
earnings
requirements
the
on
basis
and
of
appli¬
assuming
proposed
the
debt of
the
such
prior charges would have
been earned 2.22 times.
In the light of these circumstances and other
considerations, it is our tentative view that with a capital structure
consisting
missible
solely of
limits
mately
effective
We
debt
for
the
$85,000,000
provisions
appearances
Massachusetts
the
of
that
and
preferred
,
follows:
a
certain
hurricane
including
and
reorganized
The
the
express
all
the
of
approximately $292,500,000.
The
$17,270,470 of admitted infla¬
question
some
principal
earnings
the
proposed
times
same
system.
and
average
(excluding
assets
17, 1943.
and
Its subsidiary
subsidiary
___
ttlnvestments
309,133
104,672
policies
Post-war
Miscell.
173,905
Exchange Commission,
set forth
simplification
Massachusetts
subsequent additions at cost.
of
and
company,
of
The
a
3,944,300
erties,
Common
Securities
The
from
850
680,700
Company
Senior Securities Too High—
Suggested—
Plan—Ratio
Limit of Debt
61,225
411,491
in
of
reserve
$60,000,000
admitted
of
the
Balance
we
of
request,
of
of
cubic
effort
structure
$71,346,633 or $27.50 per share.
Thus, the aggregate prin¬
cipal amount and par value of the proposed senior securities is $131,346,633. which, when added to the approximately $103,850,000 of
pub¬
licly-held senior securities of subsidiaries, would amount to
approxi¬
mately 90%
of the
foregoing consolidated net plant and other net
assets of
the reorganized holding
company and subsidiaries adjusted
We
ended
in
of
161.
a
55,210,782
497,815,000
$7,511,272
133,584
week
reported at 116,187,000 cu.
May 31. 1945, the Association reports electric
kwh.
This is an increase of 948,659 kwh., or
production of 54,262,123 kwh.1 for the corresponding
above
month
1944
to
Taking
reports electric" output
381,982 kwh., or 3.26%
above
corresponding
and
the
were
accounts
inflationary items
raises
record
to
there
property
additional
of
structure
this Association
1,
kwh.
11,708,833
month
the
Gas
merchandise sold and operating ex¬
less income from carrying charges—
penses,
of
June
that
the
in
proposed debt
charges including-
Association—Output—
increase of 16,400,000 cu. ft., or 16.44%
above
cu.
ft. in the corresponding week a year
ago
departments),
(including sales of leased
returns and allowances
of
ended
output for the June
output
1945
less
week
production
Gas
Consolidated Income Account for Years Ended Jan. 31
Cost
the
of 12,090.815 kwh.
month last year—V. 161, p. 2112.
same
National Department Stores Corp.—Annual Report—
Sales
For
Therefore,
amounted
indicates
contemplates that the
2,594,423 shares of $2
sue
have
Co.—May Sales Off 1%—
(G. C.) Murphy
also
tionary items
the
1945—5 Mos.—1944
$3,098,158
time
applicants'
to
1, 1944 the consolidated net plant and other net asset3
holding company and subsidiaries (excluding $49.representing
excess
of
adjusted
cost
of
investments
over
have
2113.
p.
the
the
respect
March
mate
$1,609,206
and
with
with
company.
underlying net assets)
of
Neisner Brothers, Inc.—May Sales Declined 6.3%—
$1,759,612
facilitated
compliance
reorganized
charges
The
9,654.119
2112.
p.
who
Co.
debt
Electric
2,742,542
,
$334,585
$433,220
308.092
income
oper.
161.
27,253
of
the
800,000
dition
users.
2,524,1.56
taxes
income
Net
$15,399,748 $14,028,049
$3,488,062
5,238
$150,000
the
Power
1945—4 Mcs.—1944
$3,900,784
7,389
Operating revenues ...
Uncollectible opcr. rev.
Co.,
tional
1945 —Month—1944
Trust
the
on
Omaha
Power
Mountain States Telephone & Telegraph Co.—Earnings
of
filed
Power
be
in
conclusions
SEC Expresses Tentative Views—
As
the
depreciation
Nebraska Power Co.—Receives
Payment of $553,000—
ment
if
tentative
Further,
2450.
p.
will
conserved
000,000
See
order
our
our
reorganized holding
tentative views:.;
for
According to C. C. Carlton,
Period End. April 30—
state
Na¬
Carib¬
National Distillers Products
Corp.—Acquisition—
Vice-President, the corporation has sold
all the assets of its southern plants division to National Distillers
products
Corp.,
effective June 1.
The sale includes plants at
Memphis, Tenn.; Kirkwcod, Mo., and Jonesboro, 111., together with all
fixed assets and all inventories owned by the southern plants division
for the manufacture of cooperage and toy wheels and also all timber
tract rights owned by Motor Wheel Corp.—V. 161, p. 2449.
of
parties
receiving
exchanged
announced.
corporate entity over its present routes, San Juan to
Mayaguez,
Puerto Rico and San Juan to
Christiansted, St. Croix, Virgin islands.
National
is
certificated for
routes
from
New
York
to
Miami
and
Jacksonville to New Orleans.—V.
161, p. 2112.
.
...
.
Corp.—Sells Southern Division-
Motor Wheel
filed
Atlantic
Inc., which has an authorized
capitalization of $1,000,000 represented by 1,000,000 shares of
common
of which 41,700 are issued and
outstanding.
Its stockholders have de¬
mission.
The company
has
Caribbean
2559
it
clusions
we
referred
to
debt,
understood
not
are
and
holding
be
within
per¬
company
provided
that
in
stating
expressing a final
not
expressing
we
would
to have approxi¬
appropriate protective
including an adequate sinking fund and
respect to dilution of the debt coverage.
with
clearly
It
stock
common
funded
adopted,
were
restrictions
wish
and
reorganized
of
are
these tentative con¬
Judgment 011 the matters
judgment, tentative or
any
otherwise, on the problems of fairness, or or. any aspect of the
proposed plan.
If applicants wish us to pass upon the present plan
in
its entirety,
including the aspects tentatively considered above,
we
will give the plan consideration and endeavor to reach a
prompt
determination.
amended
the
On
plan which
holding
other
hand,
proposes
companyi;within
a
the
If applicants wish to
file
an
capital structure for the reorganized
of
the tentative conclusions
limits
we
shall direct that it be sot down promptly for
hearings on any amended plan and in further pro¬
Commission all interested persons will have full
opportunity to present their views and to urge, if they so desire, that
expressed
above,
hearing.
At
ceedings
before
the
original
which
of
the
the
plan,
be
may
any
particular features of it, or any other proposal
be adopted in the ultimate determination
to meet our order of March
17,
1943.-
submitted,
plan
appropriate
an
'ConsoHdaied
3
Income
Statement
Months Ended March 31—
Total
1945
earnings.
gross
1944
$19,901,342 $19,633,119
Operating costs
8.678,911
Maintenance
1.289,223
Depreciation
Taxes,
other
than
Federal
1,065,015
1,710.434
2,033,275
income..
Federal taxes on income.
Total
8.946.919
1,452.980
..—
2,048,626
and
other
charges
number of
Balance
1,884,251
2,957,872
2,849,976
$981,244
Interest
2.507.837
$1,127,898
dividends
Preferred
Consolidated
662.924
662,925
$318,319
balance
$464,974
Output Up 5.53%—
The
Association
reports
number
of
kilowatt
territory for the week ended June 2,
with 55,164,514 for
decrease of 0.33'c
•)
the corresponding
under
2326.
•'
.
hours
1945
and
161,
.
,
.
1944
____
for depreciation
•Federal
income
2,082,055
t
121,418
:
of utility plant
421,010
1
435.400
taxes.
taxes
•
38,571
365,715
388,214
„»
Provision
$5,492,916
interchange
(net)
Maintenance
Other
60,810,938,
ago.—V.
,
2,450,311
purchased
gas
was
year
.
$5,824,513
expenses
and
power
Its
compared
of 5.33%»,
1945,
a
for
as
increase
Co.—Earnings—
Months Ended March 31—
Power
an
week
Operating revenues
Operating
available
58,215,779,
...........
*
New Jersey Power & Light
12
as
1944,
for the week ended May 26,
Comparable figure
a
p.
1945,
the week ended June 3,
%
532,862
476.391
403,749
522.442
1
income
Operating
Other
income
Gross
—
Federal
in
transferred
•Excluding
income
to
reductions
$76 700
in
the
related
to
and
surplus.
current
and
232,600
183.900
$1,396,339
$1,224,213
shown
separately and further reductions of
and $114,100 in the previous period
items charged directly to earped
period
against
from
amortization
....
$1,040,318
surplus.——
applied
(Resulting
taxes.
604,555
$1,163,739
earned
deductions in consolidated
.
terest
$1,644,873
323,490
i.
income
Balance
40.880
$1,487,229
income
tRcduction
$1,603,993
11,932
deductions
Income
Net
$1,475,297
......
charges
on
returns, for in¬
securities of Indirect parents <ia
reorganization under Chapter X of the Bankruptcy Act),
will not be available after consummation of a plan
reorganization of such parents.—V, 161, p.. 1546.,
■
deductions
which
ot
•Total -gross
lv 1945,-a total'of
redemption on July
for
lirst mortgage 4'/o extended bonds of 1955 at 100.
Pay¬
be made at the Hartford National Bank & Trust Co., trustee,
of
$33,000
will
ment
called
been
have
There
Street/Hartford, Conn."
'
'
Couponsi due . July 1, 1945/ should be detached
payment in the usual manner.—V. 160, p. 15.
Main
777
period End. Apr.
revenues.—
255,631
3,152,107
1944
—V.
3,534,000
3,534,000
$305,083
$232,234
$3,750,978
$3,741,427
$294,878
$3,750,978
$3,764,413
89,146
149,803
1,571,893
deductions
&
8,795
32,084
228/257
to con¬
struction-credit
inc.
Other
—V.
$1,617,823
369,541
544,586
preferred stock
to
applicable
2336.
gold bonds, series
C. due Sept. 1, 1978, have been called for redemption on Sept. 1, 1945,
at 102 and interest,
payment will be made at the Guaranty Trust Co.
o? New York, trustee, 140 Broadway, New York, NaY.
Holders desiring to receive immediate payment of the full redemp¬
tion price may do so upon presentation and surrender of said bonds
at the office
of the trustee with the Sept. 1, 1945, and subsequent
attached.-
coupons
4
Tr
161,
Omnibus Corp.
Purchasing Buses
—
corporation "plans to acquire 143 diesel hydraulic buses, at a
cost of $15,000 each, before the end of this year, it was
on
June 5 by John E. McCarthy, President, at the annual
announced
stockholders. With the addition of the new equipment,
company will have a fleet of 1,035 buses.—V. 161, p, 2003.
of
Operating
York Stock Exchange has authorized the listing of $50,000.000 of first mortgage bonds, Wa'.'v
series due .1975, which are
is'hied and outstanding.
■
New.
Underwriters Agreement
Ripley
Harriman
&
Inc.,
Co.,
2450.
Total
to arrange companies in exact
However, they are always as near
possible.
revenues
Operating
Operating
O/erating
rev.
opcr,
revenues—
31,
$87,§58,765
59,099,556
26,765,589
52,928,836
24,348,164
13,017,457
6,368,968
$2,419,272
income
LL..
:omo
$22,037,725 $96,690,854
15,786,946
5,753,334
$2,651,300 $10,825,709 $10,681,765
2,191,841
9,327,990
8,948,836
taxes. A--'—*.
oper.
Co.—April Earnings—
$23,959,552
expenses
2,057,392
Mortgage Co.—Distributionon June 30 to 7,000 holders of record
mortgage certificates of this company is
announced by the trustees, Frank D,' YVeil, William E. Russell rand
Raymond J. Scully,
This will be the 20th Income distribution and
the 11th principal distribution made by the trustees since their ap¬
pointment in 1936, and with this payment the original face value cf
New York Title &
June
of
of
9
$766,385.56
of
Distribution
Series
C-2
be reduced to 75#.
distribution, $280,562.69 is income distribution and
principal distribution.
This brings the distribution to
date to $11,058,661.56, of which $4,985,874.15 is allocated to income
and $6,072,787.41 Is principal.
Bayard U. Livingston, Jr., as trustee, will on June 22 make a distri¬
bution of 3 "a# on series N-30 certificates to holders of record June 8.
certificates, outstanding will
the
—V.
is
161, p. 1547.;.
Excise
$3,255,442
$3,131,945
——,1,279,201
224,840
1,255,242
219,829
367,685
1,140,587
96,566
21,494
168,172
99,949...
20,299
209,100
'
taxes
Capital
stock
taxes
income
Other
—
which
in
173,576
5,662
2,050
—y.
3,053
$1,123,425
*/
1,393
income
Wet
2,682
$1,149,990
$1,123,473
$1,124,818
773,385
-
laeome deductions
810,405
822,749
——
$376,605
income
$313,067
$302,068
for excess profits tax.
Lote—No provision necessary
Consolidated Balance
Sheet
as
.
/
of March 31, 1945
$28,650,484; investments in and loan to sub¬
sidiary companies not consolidated, $1,339,624; miscellaneous invest¬
ments
and special deposits,
$54,266; cash. $584,657; U. S. Treasury
tax notes (at cash redemption value), $153,870; U. S. Treasury cer¬
tificates
(at
cost),
$1.00,000;
accounts receivable
(less I reserve
of
$23,606), $195,059; accrued utility revenues, $134,701; materials and
Assets—Utility,
plant,
at average cost), $154,872; prepaid taxes, insurance,
charges. $411,593; commission on sale of pre¬
ferred stock, $498,482; total, $32,312,314.
"
supplies
(priced
$34,707;
etc.,
deferred
Liabilities—6#
stock
mon
cedes
A.
customers'
cumulative
par).
($100
due
Nov.
deposits
1.
and
preferred
($100
$2,601,500; first
1951, $13,606,000;
accrued
interest
par),
mortgage
accounts
thereon,
$4,653,200;
com¬
5% gold bonds,
payable, $62,934;
$147,554;
for
depreciation,
of
$5,734,058;
construction,
$548,451;
V. 161, P. 2450.
other reserves,
surplus,
$9/321;
$429,402;
contributions ,in
total,
'
'
will
July
that
and
South
point
will
Mid-west
Capitaliners
fly
will
has
being
been
iA
Board
aviation's
outstanding
this will mark
oldest
airline in America,
will fly into the world's largest
O'Donovan states.
Permission to extend
the airline's ships
Mr.
company's system into
nautics
commercial
of
one
second
the
time that
regular schedule,
on
Pittsburek
and from
to
$
PCA
first
at
converge
non-stop
Field.
pioneers,
the
the
from
from
city
Inaugurate service to and from New York Citv
by J. J. O'Donovan, Vice-President,
pca
officially
it is announced
2,
While
*
Airlines Corp.—New Service—
Pennsylvania-Central
PCA
on
late
York
New
1944.
in
PCA
granted by the Civil Aero¬
was
has
now
fleet
a
of
20
transport
planes in operation over 3,285 route miles, extending through 12 States
east of the Mississippi and covering many of the industrial
capitals
of
and
southern
of ICC—
The
the
ICC
price it had set for the
purchase
the
reapproved
of
United
eastern
deal with the question whether the Old
should be approved.
The hearing will give the Old
protective committee another opportunity to pre¬
The Commission not only refused to change the plan
report
bondholders'
Colony
sent
its
case.
but
to
also
declined
Colony
States.—V.
161,
2451.
p.
hold
group.—V.
hearings
161,
p.
the
on
matter
sought by the
as
2336.
The
Pa.—V.
be
made
at
p.
2308.
*
159,
the
Gerard
Trust
Co
Pennsylvania Power & Light Co.—Earnings—
Period End. April 30revenues
$4,279,539
Operating
expenses
2,291,104
Federal
taxes
1945, a total of
series A, due May 15, 1951,
made at the Continental
corporate trustee, 231 South
Bank
National
&
Co.,
Trust
company
May
on
Common Dividend—
corporation was formed under the laws of the State of Delaware
30, 1944 and operates the Western Cartridge Co. division at
Alton,
the Winchester Repeating Arms Co.
division at New
and subsidiaries,—V.
divisions
other
several
and
Conn.,
Pacific Power & Light Co.
.
reserve
income
on
Int.
on
576,225
7,606
$898,703 $11,091,334 $11,228,421
4,687
91,415
62.874
$839,160
$903,390 $11,182,749 $11,291,295
(net)
mtge.
bonds___
273,642
273,642
3,283,700
3,283,700
106.875
106,875
1,282,500
1,282.500
86,221
89,42 2
1,237,188
1,122,531
Crl,480
Cr 70
Crl2,955
CY108.585
$373,902
$433,521
applicable to preferred stocks_______
$5,392,316
$5,711,149
3,837,992
3,837,992
deb.
bonds
Other in. & deductionsInt.
charged
to
con¬
struction
inconie
Net
Dividends
—V.
161, p. 2451.
Pennsylvania RR.- -Court Denies Intervention in Penm
The
$7,710,325
3,287,982
$6,971,115
960,938
591,717
595,253
700,000
700,000
571,771
699,575
336
242
investments
$2,165,910
$2,091,830
210,589
235,063
231,840
9,1C4
5,721
1,705
$2,150,675
1,696,163
$2,406,694
1,244,810
$2,325,375
$1,161,884
$1,009,965
plant..
(net)
Gross
income
^
Interest charges
income
1,315,410
—y. 161, p. 771-
sinking
have
fund
gold
called
been
due
July
1,
1955,
at
111.—V.
1,
out
159,
of
The
later
real
to
suit
filed
40-year sinking
claims against
out
its
decision
dismissing
it
suits
the
of
refused
in
the
company
allow
to
Federal
two Penn¬
District Court
from paying $15,000,000
by Pennroad Corp., and to inter¬
which Pennroad was awarded
in
intervention
the
of
purpose
carry
and
ground they
last
claims
had been filed too late
to
was
Dec.
ask
28,
in
the
the
Circuit Court
aside
setting
Pennroad
of
the judg¬
on the
stockholders
Federal Court,
and if this
done, Archibald Palmer, counsel for the two stockholders, intended
to use the dismissal ns an
argument before the Chancery Court in
Delaware, where the $15,000,000 settlement is under consideration, and
Claim that; the Chancery Court could not
approve the payment by
Pennsylvania TtR. of any amount because the Circuit Court had ruled
was
Pennsylvania
The
was
Circuit
not
Court
V
liable.
has
.
withheld
its
mandate
to
Court
District
the
of
Philadelphia, dismissing the case, ostensibly to allow both Pennroad
and Pennsylvania to file
petitions for reconsideration of its decision,
in
reality
July 8,
to
await
the
Both
of the settlement hearings in the
recently given another extension to
case in the
outcome
sides
were
to prsent petitions for
rehearing, thus keeping the
'
:
Circuit Court open,
102 Va and interest.
Payment
Chicago, successor trustee
Tenders Sought—
/•J«,emGirard Trust Co" trustee, Philadelphia, Pa., will until 11 a.m.
Inie
June 30, 1945, receive bids for the sale to it as of July 1.
2420.
p.
Appeals has
in the Overfield-Weigle
$22,104,515 in January, 1943/
Chancery Court.
1945,
of
settlement of all
First National Bank of
made at The
Chicago,
July
on
first mortgage 4Va%
$139,000 of
monies,
bonds,
redemption
for
Court
in
but
There
Circuit
S.
vene
ment
$1,900,982
revenues.
of
lease
income
U.
Philadelphia, April 20, to stop the
411
approp
3,015,811
$454,512
operating
will be
144,057
$831,554
revs
at
—644,739
.
limited-term
of
from
fund
oper.
sylvania RR. stockholders who
1943
1944
$7,532,984
3,689,237
597,691
______
_—
reire.
Property
Amort,
1945
A
expenses
taxes
taxes
Net
Net
(& Subs.)—Earnings-
Ended March 31—
Operating revenues
Other
3,533,333
road Case—
12 Months
Rent
3,526,667
of
utility plant
acquisition adjustm't_
161,
1776.
Net
1,928,006
311,667
7,309,843
Amort,
Int.
29
Dec.
Other
1,659,099
258,333
Gross income
This
Haven,
7,298,159
99,602
re¬
•
paid to common stockholders of record
May 22 a dividend of 15 cents per share, making a total of 30 cents
paid so far this year on this class of stock.
The 'directors have declared a regular quarterly dividend of $1 per
share on the 4% series A preferred stock, payable June 30 to holders
of record June 11.
This is for the second quarter of 1945.
East
7 5 2,27 1
126,277
retirement
appropriation—
Other
Street, Chciago, 111.—V. 160, p. 2407.
1945—12 Mos.—1944
$4,223,084 $51,277,466 $50,340,587
2,160,841
27,125,982
26,340.984
628,214
taxes
serve
of first mortgage 5# gold bonds,
and
interest.
Payment
will be
101
1945—Month—1944
Operating
Redemption—
for redemption on July 2,
has called
company
$62,000
p.
on July 1, next, $277,000
bonds, series D, due July 1, 196s! at
will
Payment
trustee, Philadelphia,
Other
Old Dominion Power Co.—Partial
on
redemption
for
mortgage 3%%
interest.
Property
at
ref.
and
and
called
has
company
first
103
Judge Hincks's hearing will
Colony
Panhandle Eastern Pipe Line
1945,
Co.—Earnings—
an
JEarnings for 4 Months Ended April 3(>, 1945
Net
income
Earnings
alter
per
all
share
Plans to
and
charges
on
taxes
'
Pfd. Stock by New 4%
tive arrangements to call its 5.60# cumulative preferred stock, subject
to the approval of common shareholders, of an amendment to the
certificate of incorporation at a special meeting to be held on
July 6
The amendment would authorize a new preferred stock to consist of
150.000 shares of $100 par value each.
Proceeds from the sale of the
new issue would be used to redeem
the old preferred stock, which will
require $14,387,220 plus accrued dividends.
The company estimates
the
proceeds from the
sale of the
new
preferred stock will be
$100
a
share
and
the
dividend,
rate
will
not
exceed
$4
a
share
•"//' /VA.v/;///'. ,■
:v„"/.//'..
■'
':u:-" "
The company has entered Into negotiations for the sale of the
preferred
stock,
for
cash
$32,312,314.—
Exchange.—V.
161,
p.
Atlantic
Refining Co.
new
to
Net
ry,
oper.
p.
1299.
E,
due
$250,370,
161,
July
1,
1984, tc
at prices not
tc
2451.
p.
Seashore Lines—-Earnings—
1944
1943
1912
$845,866
$827,623
158,93 5
82,8 1 2
92,606
$633,561
1.20C
*171,729
income___
Net
from
railway____
from railway^
Net ry.
oper.
* Deficit;
.
*60,947
*113,177
*76,715
3,233,395
3,006,562
3,019,694
;
224,053
161,
p.
62,548
192,895
*554,847
income
•V.
(The)
673,837
*386,899
2038.
.-■-■:■/■;
2,233
"71
*71-1
'/ A-..#/
Permutit Co.—Registrar—
,The Manufacturers Trust
the
istrar .of
Capital $1
New York, has been appointed
value stock.—V. 160, p. 2652.
Co.,
par
1
Philadelphia Electric Cp.-—Weekly Output—
eHe<AtrlC output for Ihe
nf
V
1inn *7u"e 2' 1945161
p
2452
company and its subsidiaries for
amounted to 121.414.000 kwh., an incr
°r 14 r'C% °Ver thC corresP°nding week last yea
Philadelphia & Reading Coal & Iron Co.—Court
Dects Review of Reorganization Allowances—
r
160,
of
From Jan. 1—
Gross
2451.
above.—V.
series
sum
$904,676
railway
railway.
from
'
Pantepec Oil Co. of Venezuela, C.A.—Option Exercised
See
the
interest).—V.
1945
Net
per
underwriters, soon after the proposed
amendment becomes
effective.
The present
preferred stock will be
called for redemption immediately after the sale of the new perferred
A registration
statement for the new issue will be filed with the
SEC. and application will be made lor its listing on the New York
Stock
bonds,
exhaust
from
$ 14,500,000
expenses.
The selling
annum.
to
April
Gross
at
after
deducting
underwriting
commissions
and
' L'
..
*
;•'■//
price, .dividend rate and redemption price for the new
preferred stock will not be determined until after the stockholders'
meeting, but it is expected that the offering price wiP be not less than
least
mortgage 4#%
sufficient
(exclusive of accrued
Pennsylvania-Reading
$1.12
Issue—
W. G. Maguire, Chairman of the board, in a letter mailed to stock¬
holders on June 4 announced that the company had completed tenta¬
that
100
$2,077,571
________
1,620,000 common shares
Retire 5.6%
of general
amount
exceed
.
accrued
$665,959; deferred liabilities, $144,751L depreciation reserve,
fc3.708.684; reserve for possible adjustments of ul(il^y plant and reserve
Labilities,
nUI
46,356
'
'/;
.
.
$1,120,790
<
2225.
p.
Colony RR. property.
20,567
6,855
taxes--—
income
43,035
company's
2224.
221,714
$1,146,937
Total
9,847
i
$65,266
$27,602
22,182
$15,319
income.
$68,475
of expanding the
Pennsylvania, Ohio & Detroit RR. Co.—Calls Bonds—
357,299
earnings T/yAA——
Net
106,921
92,727
375,363
„
:
Federal
1943
1944
$3,362,544
<.
taxes
security
Social
1945,
March 31—
revenues
Operating expenses
Depreciation
Peal property taxes
114,048
Paducah & Illinois RR.—Partial Redemption—
(& Subs.)—Earnings-
New York Water Service Corp.
Years Ended
Cqeca ting
224,875
18,167
hearing has been set for July 2 by U. S. District Judge Carroll C.
Hincks on the recent report of the Interstate Commerce Commission
%"/V.
//;/'
.
241,683
29,146
.
current
(he
Ot
$■185 822.87
495
$400,271
Colony RII.—Hearing Set on Report
Old
Federal
as
515
$420,997
—
p.
Operating
2224.
P.
124
$100,747
54,978
purchase was for the purpose
The
City.
Guardia
130
expenses
161,
The
1945—Month—-1944
1945—4 Mos.—1944
$23,983 567 $22,064,887 $96,809,202 $88,085,600
24,015
27,162
118,348
126,835
side
warehouse, office and distributing facilities in what was described "as
the first step in an extensive program for post-war expansion
V lfir
$400,766
$421,512
$100,871
Olin Industries, Inc.—Pays 15c
alphabetical
on
May 31 announced its purchase of the old Sieeeldepartment store property occupying the block front on the
of Sixth Avenue, from 18th to
19th Streets, in New York
Cooper
and
1945—4 Mos.—1944
1945—Month—1944
01
•
Hew York Telephone
Period End. April 30—
Uncollectible
it
Co.—Earnings—
Penney Co.—Purchases N. Y. City Block—
(J. C.)
the
A
alphabetical
reasons
(Del.)—Weekly Output—
$104,582
60,117
income
—V.
La Salle
operating
$1,477,473
rev.
oper.
oper.
not alwpys
as
$2,282,334
$104,712
taxes
Illinois
is
mechanical
NOTE—~For
position
$126,618
for
of
Company
east
the underwriting
of
managers
as
is allowable to selling dealers.—V, 161, p.
possible
187,248
revenues__
Old
Extended to July 3—
which Is making public offering of the $3.90 preferred stock of
I- o
corporation has announced that the agreement among under¬
writers relating to this Issue has been extended to July 3, 1945.
A concession of $1 per share from the public offering price of $104
order.
559,587
Co.
•
Z'
iqiA
105 and Interest.
Payment will be made at The pirn
York, successor trustee, York, Pa.—V. 161, p, 334
1949, at
l,
the
p-oup
to yield 3.75'(?
70,700
company
revenues
Uncollectible
Corp.—Listing of Bonds—
Power & Light
New York
this
Period End April 30—
Old
The
1.288,156
72,458
of
fim
corporation has called for redemption on July 1, next Sloor.rm
the outstanding first mortgage sinking fund
6# gold bonds dim
$1,664,721
States Power
output
uZT
The
schedules
maximum
meeting
2,270,195
$2,841,921
Ohio Associated Telephone
Net
The
53,583
$197,318
$730,285
Northern
ti
dPup
$376,565
$571,727
$802,744
income
Net
City
York
New
Jan.
week ended June 2/ 1945,
totaled
45.062,000
kwh., as compared with 38,807,000 kwh. for the
corresponding week last year, an increase of 16.1#.—V. 161, p. 2451.
2450.
p.
of
204,671
*-y. 161, P. 1547.
Operating
authorized the listing of $58,bonds, series E, due June 1, 1980.
mortgage 3'A#
000,000 refunding
—V.
181,976
288,861
191,380
61,169
deductions
Operating
Exchange has
Stock
York
New
47.558
$143,735
auth
effect
Dairies, Inc.—Calls $100,000 of Bonds—
Penn
100,187
662,533
_
income
Gross
y;..'.
/y
Listing of Refunding Bonds—
The
148,109
$140,211
income
income
Electric
St. Louis RR.—Calls Bonds-
outstanding refunding mortgage
the
184,770
69,816
Operating
Other
.
New York, Chicago &
of
24,862
45,449
45,089
profits
exc.
1
to
fund obligations.
Based on 1944 earnings the sinking
15, 1945 -was $475,000, and it is estimated that this
will cover the sinking fund obligations payable in 1940
part of the obligation for 1948.—V. 161, p. 2113.
'
National Bank
161, p.
All
24,652
&
June
on
at par of $1,250,000 of its outstanding 3%
1952 to 1958.
This prepayment is in anticipation of
retirement
due
a
48,587
228,089
taxes
Net
Dividends
'
May
and
$1,860,706
839,794
$2,352,867
1,017,317
108,216
$550,863
261,650
Cr33,881
$1,950,828
$112,991
$134,293
—
•>
,)eto^
payment
1945—12 Mos.—1944
$590,004
retirements—
for
Income
—
income
Net
j«ir
bank
prepayment of the money necessary
immediate
the
present
paid
(& Subs.)— Earnings—
1945—3 Mos.—1944
adm. & gen. exps.
Prov.
355,321
Interest charges
before
or
$1,250,000 Debs.—
board of directors
executive committee of the
The
1,825,150
___r—
mtge.
on
int.
Other
$232,234
bonds
income
Gross
on
delivered to the
/'
Paramount Pictures, Inc.—Prepays
171,059
22,986
mo,205
SU!u
//A :;
will be mailed
acceptance or rejection
accepted debentures must be
Aug. 1, 1945 —V. 123, P. 2708.
and
tures
Period End. March 31-
Oper.,
294,500
income
Interest
common-—...
Maintenance
revenues—
(net)—
oper.
$236,030
approximately $75,000.
Notice of
1945,
160, p. 2407.
Fed.
tret
for
Northeastern Water Co.
3, 067,670
;
Property
Other
$182,104
___.
Operating revenues
294,500
$407,088
of
sinking
13, 258,123
5, 410,149
1,297,000
retire, reserve
appropriation
170,716
tures
245,100
ized
4,523,610
—
159,676
—
_
dividends
Balance
13,865,984
252,989
424,838
—
charges—•—
Balance
Preferred
1,089,220
475,813
inc.
of
lieu
in
'
caxes
and presented for
557,196
taxes
Charges
;
1,162,182
taxes—
and
interest
$2,417,605 $30,123,679 $29, 011,369
$2,501,743
expenses-^—
Operating
Operating
Other
30—
478,258
$353,163
171,059
income——
on
June
145,272
-
.
1945—12 Mos.
1945—Month—1944
425,778
income—
Federal
than
other
Total
1,635,670
—-
___
—
Federal taxes
Service Inc.—Earnings-
Orleans Public
New
Federal
.
,
1,730,595
193,856
248,850
__
—-—
——-
Depreciation
Taxes,
$3,454,463
414,631
earnings^-—
costs
Maintenance'
Congress
30
A;; $3,679,028
Seattle—Tenders—
Rockland Bank of Boston, agent of the cornnmt.
Street, Boston,' Mass;,' will until the close of businX
n'
23 receive bids for the sale to it of 25-year 6%
income SaL00
due Jan..l, .1962, to an amount sufficient to exhaust thl I *'
National
The
1944'
1945
3 Months Ended March 31—
Operating
Redemption—
Northern RR.—Partial
New London
Paramount Building Corp; of
Properties (& Subs.)— -Earnings
North Boston Lighting
of
process
■Monday, June U,
1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
2560
iSSno
Judge
wm-
I
AClruMlt1?0Urt of Appeals at Philadelphia on June 2 del
i>ald -Pahner. attorney, from the refusal of Dist
H.
William
Kirkpatrick
(Continued
to
allow
on
him
a
fee
page 2596)
for
services
Number 4393
161
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
2561
I
Stock and Bond Sales
DAILY
«»
New York Stock
WEEKLY
-
-CfcBti and deferred aeilyery mim »i» OlBregtrdeo in the day'8 range, unlaw they are the only transactions ol the
day. No
NOT1CB
United States Government Securities
account la taken of
inch
ealee
the New York Stock
on
Exchange
YEARLY
-
in
computing
the
range
lor the
year
Exchange
Below we furnish a daily record of the transactions in Treasury and Home Owners' Loan coupon bonds on the New York Stock
Exchange during the current
A
7
4>
OO.l
week.
Figures after decimal point represent one or more 32d of a point.
T7> '
1
Daily
A.
/•> /~t 1 (*V»
AA«
/WA<A/M ZtAAM
rt
JuneS
Record of IJ. 8. Bond Prieee
J.
AM
June!
A
AU
AAA
June 5
^
June (J
i
f
-
June 7
»
>
June 8
Daily
f High
j Low
Treasury
4*48, 1947-52
2 VaS
[Close
Total sales in $1,000
utcvid
t.
vi
Prices
Bond
o.
Treasury
June 3
June 4
June 5
June (5
j
June 8
101.12
LoW
—
,
—
—
Total sales
in
101.12
—
[Close
units
June 7
f High
1965-70
—
$1,000 units
—
■
101.12
—
—:
10
—
'
[High
1946-56
High
2
| U»
Total sales In $1,000
VaS, 1966-71.
Total
Low
sales in
Total
Low
I Close
sales in
$1,000 units
Total sales in $1,000
8
[High
Low
[Close
Vis, 1951-53
j
[Close
:y.
units
Total
—
sales In
$1,000 units
102.12
[Hign
[High
102.12
,946-46
2y48, 1952-55
Low
•
102.12
Total sales in $1,000
units
[High
113.22
113.22
113.29
113.22
t'ZS
sales
in
•
105.14
1948-50
Close
Total
sales In $1,000 units
3
[ High
1 Low
1948-50—
$8, Dec.
[Close
Total
sales In $1,000 units
{ High
f Low
[Close
\ Low
Total sales in $1,000 units
[Close
IB,
113.27
j LOW
[Close
Total
113.27
[Close
[Close
(High
2s,
[ High
[High
sales In $1,090 units
2s,
[Close
[High
Total sales in $1,000 units
[Close
j High
L°w
107.25
IHigh
Total sales in *1,000 unite
f High
-{Low
Total sales in $1,000
[Close
j Low
(High
1*48
[High
i Low
1948
[Close
j Low
Total sales In $1,000 units
[Close
Total sales in $1*000
-j Low
[Close
units
units—
Home
Loan
Owners
[High
f High
Low
(
2%s, June, 1964-1969—
[Close
—
Dec.,
101.17
Low
-I
1964-1969
101.17
[Close
Total sales in
$1,000 units
Total sales in
101.17
[High
2%s.
{ Low
iy2s, 1945-1947
[ Close
Total sales In $1,000 units
3
sales in $1,000 units
Total
[Close
1963-1968
102.29
102.29
sales In $1,000 units—
1953-55
2s
[High
9% ft,
102.29
Low
-•
(High
-
] Low
>
1952-54-
Dec.,
Total
[Close
Total sales in $1,000
JO
[Close
2s,
f High
aw.a, 1962-67
102.28
units
High
Total sales In $1,000 units
units—
102.28
Low
[Close
1952-54
2s, June,
[High
102.28
J
J
Total sales In $1,000 units—
Total sales In $1,000
%*> w
Close
107.25
Close
1951-55
SB.
107.25
2Kb, 1956-58
$1,000 units
Total sales in
sales In $1,000 unitu
IftS, 1952-54
Low
2S, 1951-1953
[High
j Low
[Close
Total
1 Low
1950-1952
Sept.,
[Close
Total sales in $1,000 units—;
Low
1949-53
Low
Total sales in $1,000 units
[High
«%S,
\
1950-1952—
March,
I Close
Low
[Close
1948
<
sales in $1,000 units—
Total
[Close
v
(High
Low
1949-1951
la, Dec.,
j High
j L°w
.
sales In $1,000 units
3
units
1945
1949-1951
Sept.,
113.27
sales in $1,000 units
Total
(High
4 Low
$1,000 units
[High
SttB.
1949-51
It, June,
(High
2%8.
Low
—•
Total sales in $1,000 units
Total
A
sales in $1,000 units
|8, March
1 Close
2*48, 1960-65—
1
High
Low
105.14
f High
-j Low
Total sales in $1,000
103.10
9
Hign
105.14
Low
units
2*48, 1958-63
103.10
103.13
Close
Total
Close
Total sales In
103.10
103.13
103.13
$1,000 units
1947
Ss.
100.19
High
•
2%8, 1956-59
103.13
103.13
103.14
100.19
Total sales in $1,000 units
2%S, 1951-54
103.13
103.14
100.19
[Close
Total sales In $1,000
103.14
1
1956-59
Total
3
[High
Low
[Close
2 *.3
Low
•
2%s, 1948-51
$1,000 units
113.29
High
2%S, 1945-47
sales in
113.29
units
Low
[Close
Total
1115
Low
[Close
Total sales in $1,000
«.
•!
ay4S, 1954-56
111.16
units
2%s, 1955-60
units
( High
111.16
[Close
k
sales in $1,000
111.16
J Low
Total sales in $1,000
Close
Total
*r
[High
1951-55
3s,
^Transaction of
lot sales.
*Odd
1
$1,000 units
registered bond,
FAlso 5
registered bonds sold
June 2
5
Tuesday
June 4
per share
69%
*6.9
*111%
*72V2
per
69
112%
*72%
76
$
share
"68'/a
114
»
76
721/2
per
X69
70
*112%
69
112%
$
per share
*112%
«
76
*27
69
69
113
113
15%
15%
15
15 3
27*4
27%
27
27 Vi
16%
share
63
15
14%
$ per
114
76
15%
8
share
70
27%
15 Vs
23%
*72%
15
26%
76
S
per share
*63
•112%
*73
EXCHANGE
69' i
114
400
80
14%
16 Vs
27
26%
27
*36%
28
.
*109
7*8
*215
3%
13.000
ACF-Brill
Motors
Acme
5.703
Adams
Express
15%
15 %
15%
1.5%
15%
15%
15%
15 >8
36 %
Adams-Millis
37
37%
36%
400
37%
36%
37
*36 Vi
37
800
Address-Mutlgr
*27%
28
46 Vi
46%
46
111*2
*108
112
7%
7
7
*215
220
3%
51 1
64*2
64 %
4
3%
49*4
*64
17%
18
30%
30 34
18%
30Vi
3%
7V4
y2
3%
*108
7 }/»
*216
3%
*
28
46%
112
7%
220
3%
*27
27%
27%
27 %
46
46 *s
4 a Vi
46 '/4
*108
7%
220
3%
7%
222
4
114
7%
222
13,600
100
4%
167,300
56%
44,500
52%
53%
54%
66 %
66
66%
67%
3,600
65 Vz
66%
64 Vi
32%
32
32%
11,100
33
32 Vi
108
*104 *4
33 Vi
108
x32 %
*104%
17%
17%
17%
17%
162%
161V2
162 Vi
161 Vi
161%
'175/8
18%
18%
18 Vs
*17%
18%
31
30 Vi
30%
30%
3%
*110
52%
104 %
30%
7 %
X160
108
17%
160Vi
18%
31
*104%
17 Vi
160
*17%
31
108
17 Vi
161
8%
1
Air
Allegheny Corp—
5ya% pf A with $30 war
Allen
2,300
No par
100
1
Industries Inc
Chemical
&
Allied Kid Co
Allied Mills Co Inc
Dye
114
70
173% Jan 22
2% Jan 24
34% Jan 22
preferred-No par
No
par
8
No par y
71
9
13 "a Mar 26
Year
Lowest
t per share
«0
Jan 15
9% Jan
2
25 % Apr 23
100
1
100
Min
Alghny Lud Stl Corp
Alleg & West Ry 0% gtd
60 Vi Jan 22
111 Vi Apr
100
—lO
& Susquehanna RR
Allied
500
Gold
Juneau
Albany
$ per share
32% Jan 24
22% Apr
6
39% Jan
2
98*4 Jan 22
6% Jan
2
No par
Inc.
Vicksburg Ry
$2.50 prior conv
1
Par
10
Corp—
Alaska
2,300
2,600
&
-No
Corp
Reduction
Alabama
50
11U2
31
112
220
5.200
50
32 "2
32%
107
162
216
64%
31%
•
112
217
65
*104*4
18
46
50*8
32
18%
8
49
107
163
4
46 3
7%
3%
32
18
273
*108
217
*1C4
*17*4
27%
'■'21
46 %
■
Co
—
15%
15*2
No par
—2.50
10
Steel Co
2,300
37
50*4
163
100
preferred
4 %
*36%
15 Vi
—No par
Abbott Laboratories
Abraham & Straus
76
25%
Par
Shares
28
15%
46
112%
$
Range Since January 1
Highest
Lowest
STOCK
YORK
NEW
for
the Week
June 8
June 7
June 0
June 6
Sales
Friday
Thursday
111.14.
Range for Previous
STOCKS
HIGH SALE PRICES
Wednesday
LOW AND
Monday
at
RECORD
NEW YORK STOCK
Saturday
—
( High
High
■
—
—
\
2VaS, 1967-72
J Low
3VaS, 1949-52
—
—
3
t—
units
-
101.3
$1,000 units
[High
(close
Total sales in $1,000
—
101.3
^Close
units
IK,. 1946-49
101.3
May
Feb
5
14
May 19
$ per share
52%
Feb
108% Nov
47
1914
Highest
S per share
64%
ll-l
Jan
<
64
8*b
Aug
10%
28*4 Apr 28
15% May
1
10%
Jan
14
38% Apr 18
30% May 19
26%
Jan
33
19%
Jan
24%
49
37*4 May
Apr
24
May 17
8
Feb
28
222
75
5*a
Jan
Apr
Jun
Dec
16 *4 May 19
110
Jun
f.
Dec
Dec
Dec
Oct
43
July
100
Dec
7% July
Jun
8
124
Jan
4% Jun
8
2
Mar
56% Jun
8
23%
Jan
36
Dec
Jan 23
68*4 Mar
1
37
Jan
62
Dec
28*8 Jan 24
91
Jan 11
34*8 Mar
7
24*4
Apr
29% July
May 28
70
Jan
18% May 17
165*4 Mar
6
141
56
13% Jan
2
153*4 Mar 26
15% Jan
2
'30
May 23
104
9*4
Jan !
Apr
181
3%
91
Nov
Dec
Dec
15% Oct
V Dec
157
20*4 May
3
13*8 Mar
16%
34% Mar
1
29
35% Mar
Aug
Feb
Monday, June 11, i945
CHRONICLE
THE COMMERCIAL & FINANCIAL
2562
NEW YORK STOCK RECORD
Satnrday
June %
t
Monday
June 4
per
t
slier?.
29%
29 7 a
*100 Va
101%
*99%
101 %
*99%
49 Va
49 Va
48 Va
49 Va
48%
*121 Vi
122 7'a
122 7a
122 Va
26%
123
26%
26 7'a
26%
26%
5
47 a
47a
4%
*45
46
*114
117
5 71B
112
29%
29 Ve
99%
47
48%
X47%
120
49
122%
121%
26%
27
120
26%
26%
5
5%
5
*45
57a
46
*45
46
*45
$ per
101%
*99%
101%
*
June 7
share
per
29
29%
29
29%
29
$
S per share
share
per
Friday
45'/a
45
113%
114%
the Week
29%
29%
47
800
27%
2,300
S'/a
5%
*44 Va
45
113%
1,100
Va
114%
115
114
31
31 Va
31%
*317/2
32
31
31%
32
32
31%
32
3,200
59 7a
58
58 7;a
57%
58
57 %
58
58%
59
59 74
59%
5,700
34 7 a
33%
33 7'a
32%
33 Va
33%
33 74
33%
3274
33 Va
3,500
79
75%
76%
170
18%
18%
18%
2,900
American
4674
46
46 74
2,100
Am Brake
132 %
132
77 Va
78
*77%
79
19
18%
19
197 a
-18%
1974
45
*1327/4
133
45%
133
45
45 V8
45
*132',4
*1327/4
192%
Va
19274
192%
108%
307
30%
a
1187a
*117
12
99%
192 Va
191%
"11%
30%
30%
126%
19 Va
19%
22%
22%
*21%
6
;
*36 7
4
110 Va
5%
14%
14%
*35%
26%
2774
26%
27%
25%
447/a
44%
«14
14%
400
37%
2,000
109
26%
27%
4
20,300
1,700
-,
18,300
••••
2774
6%
6%
6'/a
46%
46%
6%
674
6%
6%
10,100
51%
49%
49%
7674
76%
77%
7774
9%
9%
10 7'a
9%
10%
9%
95%
10%
*49
9%
51%
100
777-4
2,000
American
lOVa
21,600
American
96'/a
95
95%
96
95%
107/a
10%
10%
10%
10%
10%
10%
9%
9%
*9%
9%
49%
49%
10
*9%
9%
*9%
97 a
*9%
49%
49%
497^
49%
49%
49%
35%
36%
35 74
24 Va
25%
17,200
Amer
Mach
&
F ly
Xl3 Va
13 Va
13
13
1,900
Amer
Mach
&
28%
28%
28%
28%
3,200
Amer
Metals
24%
2474
13 7'a
13%
13 7'a
1374
29%
28%
29 7'a
24 7'a
24%
13%
13 7'a
29 74
29 Va
29%
29%
141 Va
141 Va
*14172
142 Va
*14172
4774
47%
5%
6 Va
142
*1417'a
4
142
1417'2
4774
46%
*46%
142
47%
142
50
47
142
47
530
6
71,100
47 ',4
•47%
47%
47%
574
5%
5%
67a
747a
75%
74%
76
74
75%
74 Va
74%
74%
75 74
74 74
74%
67%
687a
68
68 74
67%
69%
67 7'a
68
67%
68 74
67%
67%
8,500
147/2
14%
14%
14%
14%
14%
14%
14%
14%
14%
22,600
18174
18174
6%
60
v
1
147a
14%
1827a
*180
1827
*180
,
*180
a
187'a
19
187'a,
89 7i
89 Va
25 Va
25
24 Va
24
38%
38
25
*24 Va
38
19
19%
90%
91
25
24%
2474
900
American
24%
24 7'a
2474
*23%
24%
24
2474
1,000
American
Seating
38
38
38
*37
38
36
38
48%
49
167
.45
45
160
2
*159%
47%
48%
16674
44%
45
*
162
45
44%
160 %
162
*160%
44%
*160%
162'
45
162
32%
33
22 Va
227a
21%
22
*27 Va
27 Va
27 74
27%
Stove
4974
2,100
American
200
*32%
33 Va
33
3374
171 Va
172%
171
171 Va
75%
75%
33%
*33
171 %
33 Va
33%
1717s
170%
171%
33%
34 74
34 74
170%
170%
170%
171%
75%
3,200
76 %
76 74
4,000
76 Va
7674
158 7'a
158%
75
75-%
76
76
76%
75%
76%
76
76 74
159%
*75
75%
76 Va
1
Am
Amer
160 Va,
1,130
6%
157 a
16
15 Va
16
15 7'a
15%
15%
15%
15%
15%
15%
157'a
7,500
Amer
51%
51%
50%
5174
51Va
51%
50%
51%
50%
50%
50%
51
3,800
American
12074
120%
*120
14 Va
14%
14
121
*120
109 Va
10974
115
'
14
6 Va
6%
Xl60
109
109%
14
13%
11274
6%
160
109
1.5
11274
115
674
147a
109
*108
15%
14%
114
6%
6Va
1097 a
*108
116 Va
159
121
14%
15
14%
15%
14%
*120
121
*120
15
13%
159
14%
112
112
112
6 7a
6'A
6%
160
161
*120%
14%
121%
200
1474
122
14%
59,500
110
300
14 74
17
56.800
a
112%
118
2,600
6%
6%
*108
109 74
14%
112 7
6 74
Co
$6
10,100
500
*66
70
68
68
67
67
66 74
67
34%
x34%
35
34%
35
34%
34%
34%
34%
45%
46
46
47
45%
46 74
45%
46
43 VA
4574
46
46
1,790
32%
32%
32 Va
32%
32 74
32%
32
32%
32%
1.700
Anchor Hock
112
*41
137 a
*5Va
5 Va
x
*111%
112
*111%
41
41
40%
40%
40
40%'
39%
40
13 Va
13%
1374
13%
1374
13 74
5 74
'■•4%,
5%
*5
57 Va
*57
8
114
1147.1
115
115
114%
118
118%
118 7'a
118 7 a
120
*1197a
7%
8%
47%
487a
48%
487a
a
,
13%
13%
13%
137a
14'%
147 a
1474
14%
14 74
14 V*
267
26%
26%
a
26%
122
122
118 7'a
1187a
108
*107 Va
*1077a
93 Va
95%
9474
1077a
8%
1,300
130
47'.'a
47%
5.700
11074
47
13%
13%
13 %
14
14
14%
26%
26%
2,500
124%
70
60
7%
108
94
111
111
9274
112%
687a
67 74
68
67'4
68%
67 Va
37
37
36%
37%
36 Va
37%
*36%
*75
80
32%
111%
32 Va
32%
32%
*110%
111%
*110%
*74
111%
'17
56%
*73 %
*55%
73 74
73%
*
1197a
*118
13%
93
*92
217 a
20 Va
7%
*20%
17%
118
*
21%
•
1
14%
20%
•"•>
92
20%
20%
8
120
207a
1,400
68
67%
69%
3774
37 74
700
*73
78
33
33%
112
111%
17
17 %
78
5%
33%
10.700
112
4%
9,300
Atlas
55%
55%
610
72%
*7274
72%
320
Atlas
Feb
130
Oct
Jan
43
Dec
2% Jan
2
6 7 a Jun
4
2
Jun
7874 Feb
20
Feb
par
6 0 74 Jan
22
par
54% Jan
22
118%
*11874
40
5%
*91
8 t
4
14
20%
8
21%.
*21
14
14 74
*91
93
120
21%
100
14%
4,700
93
20%
874
20%
Jan
176
2
2
ll
2.300
112,500
Feb
6674
Dec
40
Feb
6074
Dec
7
9
Jan
12% Aug
Mar
16
163
Jan
72
184
15% Jan
2
Jan
Aug
17% July
Jan
2
91% Feb
23
62 Va
Jan
77%
18% Jan
4
25% Apr
17
13%
Jan
18 Va
Sep
24% May 29
13 Va
Feb
1974
Dec
26 V4
Jan
37 Va
Dec
36 V8
Jan
153
2
46% Mar 26
6
19% Mar
40
Feb
15
49% May 28
172
Apr
25
45% Mar
6
160
25
Apr
34% May 19
25
Mar
7
28% Apr
24
56% Jan
12
142
par
29% Jan
2
35
172
12 Va
4372 July
Jan
165 Va
Dec
39% May
45%
Dec
Nov
152 74
Dec
22 V4
Jun
28%
Dec
15
Jan
19% July
16%
Jan
25%
147
146
3
29
Feb
56
Mar
7
111
Jan
132
Jun
8
156
157
Jan
31
65
Jan
2
76
7
56%
Jan
75
65% Jan
2
77% May 31
57%
Jan
14574 Jan
3
xl61
May 29
Jun
Jun
139
Dec
July
July
152% July
Jan
8%
Jan
3974
Apr
121 % Mar
15
116%
Apr
120 74 July
Jun
2
6V4
Jan
1674 Aug
10974 Jun
117% Jan
22
par
8Va Jan
23
par
99% Jan
11
15
15%
Dec
49
Jun
Nov
100
7
84 V2
Jan
2
17
Jun
8
6 74
Jan
9
100% Mar 26
118
Jun
8
67 Va
Jan
107
7 Va Feb
21
4\?
Jan
9
Jan
5% Mar 27
74
Dec
Dec
6Va July
6 0 74 Jan
23
72% May
4
44
Feb
65
Dec
29 % Jan
2
35% Jun
4
24%
Jan
2974
Dec
par
38 V4 Jan
6
47
6
25
Jan
39
Dec
2474 Jan
6
3 5 74 Apr
23
20
Jan
28% Julv
11074 Apr
3974 Jun
13
11274 Apr
30
par
6
5% Feb
14
Mar 26
.6274 Jun
8
6% Jan
Apr
30
30
4%
Apr
14
74 V2
Jan
10774
Dec
85
Jan
119
Jan
Feb
2
49% Apr
24
35 74
Apr
46%
11% Jan
2
14% Jun
8
974
Feb
1274 July
Jan
2
15
May 21
8%
Jan
13%
Jun
20
27
May 29
,12 7'a
197a
Dec
10
f
~
is
Jan
jan
3
12 4 74
Jan
4
118% Jun
No par
45
Mar
9
100
106
Co.
45%
Sep
Jan
10874
Nov
Jan
8374
Dec
82
Jan
10674
Dec
101
22
74% Jan
30% Jan
■s
75
80
Jan
55
25
Feb
3874 Nov
Feb
7
5974
Jun
76
16
2
36% Feb
15
24%
20
113% Jan
3
107%
Feb
22
17 74 Mar
7
11%
Jan
55% Feb
19
58
Jan
23
53 V4
Jan
par
60
Jan
*2
74
May 31
113
jan
or
119
May 18
18V* Jan 6
101/2 JaU 22
77
Jan
2
jftn
2
574 Jan
24
24
Feb
2
52 74
112
14 Va
Apr
May
May
Nov
3274 May
Jan
Apr
14T>
Dec
25%
l>
Mar
40% May
Jan
110
3
(The)
May
5374
30
N° paT
5C
33
103 74
Jah
A'° P<ir
11374 Nov
98% Apr 24
114 74 May 19
48% Jan
"~N0 PnT
1
rn
113
Jan
108% Mar 23
100
preferred
Dec
Jan
85%
12
100
No
Mav 29
Jan
90
31
33% Feb "l
50
4
Jan
100
25
46
May 23
Jun
76% Jan
__i
100
67'a July
8% Jan
126
113
A
Jun
11574 Feb
111
preferred
Aug
4
57
Jan
43 74 Mar 26
par
100
Dec
43
Jan
2
Mar 27
100
Lines
1474
Jan
2 74
ill
5
100
9%
42
102 74 Mar 27
par
1
15 74 Mar
2
50
par
—5
:
44 74
4
4Vs Jan
No par
100
No
8
12% May
5
No
Mar
100
Del
Jan
1
21%
Goods
of
7
166%
Jun
75
20
)
Dec
Dec
317'a
26% May
Dec
7
—
series
Dec
May
No
Corp
180
16% Mar
preferred
Aviation
44%
20
15% May
12074 Jan
5
nrl
374 Aug
54 74
Corp
SS
Dec
13% Mar 27
„No
Powder
AntJe??
Autocar
115%
12.50
Co—
pref
conv
20
75
par
No
AuS1nTShC?rP~
20
8%
21
11% Jan.
Mar
43% Mar 27
Corp
6%
Dec
32
Refining,
conv
Dec
50
J,
non-cum
Atlantic
510
17%
I
Dec
11174
48% May 21
preferred
W
2874
Jan
142% May 24
RR-
&
Feb
2
preferred
G
14%
80 Va
26
of Illinois
a"M®
Atl
Jun
1
May
4174 Jan
Atch Topeka & Santa Fe
5%
preferred
8,800
37 Va
9% July
974 Aug
50
1 3 0 74 Jan
2d
5%
9.500
56'4
*21%
20%
8
95%
112%
72%
93
1:,
*91%
8
17
ai74
14%
i.i 'a
14%
92
1117 a
94
112
93%
113
118%
73%
*1187a
33
10
.
Jan
Jan
2
3674 Jun
115
Apr
46
25
Mldl'd
Dry
11
Jan
par
1
Corp
1st
50
26
.—100
preferred
Assoc Investment Co
*55%
56
73
s
14
7%
17%
56
73%
1187 a
%
33%
111%
17
14
73 Va
120
32%
111%
111%
93
13%
13%
93
1187 a
*217'a
22
a
17
BO
56%
73%
56
*217
17 Va
17
17
*73
78
*73
78%
33
*107%
108
Co
Associated
52%
108
6Va
No
Cable
Constable
6%
11974
67 Va
79%
Artloom
*11874
38
32%
2,200
*122%
69%
*74%
14%
26
103
&
Arnold
122
*47
Jan
7Va
9% Jun
No
Elec
preferred
2,000
118%
52%
61
11% Mar
Feb
Glass Corp
Daniels
14 Va
12174
*47
9674 Jun
3
3
6
Copper Mining.
Armstrong Cork
118 74
82%
15
774 Aug
7974 Dec
14
$6 conv prior preferred
7%
118%
26
Jan
—10
Mining
Paper Co Inc
Armour
122
93
110%
a
47
*37%
68%
8%
8%
13%
*107 Va
95
8%
4
31
Copper
W
P
Archer
71,100
115%
H/
108
93%
1,000
12074
118%
94%
62 74
115%
26%
*120%
119
111%
110
112
112
108
62 74
120%
26
122
:.V%
62
14 74
122
*
A
1207
*14
26%
Andes
800
115 Va
13%
*118
52%
*47
52%
*47 Va
26%
122
119
122
600
5 7«
120
Oct
10% Feb
5
par
Anderson, Clayton & Co
1314
5Va
115
8%
%
13%
2,900
13%
114'%
d/%
*13%
58%
Nov
7674
Jan
25
preferred —
5
120
8 7 'a
8 Va
115
874
57%
57%
57%
*57
5
5
$4
6V4 Aug
12% July
$5 prior conv preferred
50
112
13%
118
*117%
*111%
112
41%
*114
8
112
112
13 7a
*5
57
57
112
41%
417 a
*13 Va
*111%
Jan
Apr
Jan
No par
Anaconda Wire &
32%
*32 Va
*111%
Dec
3V2
25
——
70
*31%
40 Va
i
8%
100
Woolen
Anaconda
Apr
9
Amer Zinc Lead & Smelt
21,100
Dec
33
14% Jan
No
preferred
35%
fi
94%
11% Mar 27
2474 Jan 24
Corp
&
35
*67
70
2574
46
100
35%
*67
Jan
Jan
par
preferred1st
Jun
15%
59
100
Wks
Mar
5% Mar
102
2474
B
Viscose
Preferred
29
Jan
Feb
preferred
American
Jan
Oct
68
14%
100
Tobacco
class
Water
Am
Apr
l7/a
7
No
Type Foundries Inc
5%
13
4% Aug
11% Dec
25% Feb
Tobacco
Common
2'A Mar
Mar 26
Telep & Teleg Co
American
Dec
Mar
mo
Sumatra
Aug
21
Preferred
23,700
75 Va
75%
7674
158%
75 Va
Foundries
American Stores
2,600
v35
15
20%
par
Sugar Refining
13674
49
*134%
Jan
Mar
65
3
American
49
Feb
Dec
39% Mar
22% Jan
500
136%
104% May 25
48Va Apr
Mar
No
26 %
48%
"28% May 29
27
16
26 74
*134
May 22
6% Feb
17 74 Jan
26%
49
111
3
No par
26%
135 7'a
Jan
2
27
48%
14
8
27Va Jan
27
135%
10 V4
46 Va Jun
par
27 7 'a
49%
108'/a
23% May 26
24
9
21 Va
136
May 21
20% May 28
132
38% Jan
-
Feb
21%
49 74
115.% July
131 % Nov
-
100
21 %
*133%
Nov
7% Jan
preferred
*2174
49%
107
•
3
21%
137 Va
27
2
2
2
1
9
21%
*48
27% July
119'A Apr
8
41VaApr
22
*133
Jan
15% Feb
40'A Jan
33 7't
49 74
23
Dec
1 64 74 Jan
33
137%
99%
1
Dec
25
33 7'b
*27
42% July
Jan
3174 Mar
8
100
32%
1,600
Apr
68%
6% Jun
No par
33%
*134%
158 V*
Co
32 '/a
J?
Jan
33 Va
Jan 24
Jan
2
:
Steel
170 V3
23
25
Smelting & Refg
Amer
25
48% May 29
Jun
8
8
100
33 7'a
11,200
95% July
183 74 Nov
36%
American Snuff—
non-cum
Mar
Sep
32% May 22
6%
82
Oct
21 Va
No par
20
July
27
15
Preferred
Sep
14
3674 Feb
Amer
1,200
133
10774
17% Jan
620
45
Apr
May
8 •4
Feb
Amer Ship Building Co
8,000
165 74
126 Va
101 y2
18,50
No par
22
33 Va
76
48%
166%
8
12
5
preferred
32%
%
33 Va
49
167
47%
16574
4974
48%
166
Jan
13% Jan
17
No par
Safety Razor
16574
160
160
*158
19%
90%
4974
46
6% Jan
70
Jan
9
Jan
American Rolling Mill
19
350
19%
Jan
15
No
89%
*37
387'4
Jan
37 V4
109 V2 Jan
No
San'y
*2474
24 Va
7%
17
20
100
conv
7
47 Va Feb
5
Feb
30
preferred
Rad & Stand
4V2 %
Dec
No par
90
2,280
Dec
Jun
45 74
21% Mar
par
Preferred
-22,300
72 Va
Apr
Jan
Light
25
165 Va
*44 7
45 Va
*44 Va
•i
Jan
100
89%
19%
2374 July
60
Jun
No
24%
19
Apr
4
78
110
Jan
preferred
$5
Am
Dec
16
195
26
Co
19%
487/4
166 Va
$6
4,500
&
26
40
No
25 Va
1657 a
49
48 Va
*165
182
Power
May
25
617-4 May 21
34% May 25
No
90
*25
24 Va
Va
182
Amer
3274 Apr
*
No
19 %
89%
25
182 Va
5%
6
42% Nov
110% July
31% Jan
5
108
Go
89%
19%
89
*182
182 7'a
5%
6
5%
News
Dec
Jan
Mar
51
preferred—
American
4V4
82
20
8
par
Ltd
Co
Dec
Jan
28 %
4V4 Apr
47
July
2 4 74
21
37% Jun
5
118
Apr
2
3
-
July
40% July
Apr
17%
3
'
29 Va
105
22% Dec
103
20
May 28
2
22
Mecais
24
Apr
Feb
8174 May
-No
preferred
Jan
Feb
104
Jan
Jan 22
Jan
49
135
2
3
9
3
Highest
$ per share
126
20
26
10
.—100
24%
24%
1
1
Locomotive
7%
24%
13 Va
American
600
35 7a
114
5% Mar
—50
20,200
114
8
14 V2
96 V4
33 %
10% Jan
100
preferred
conv
35 74
*113
247«
5%
29% May
1
111
of
11574
35%
113%
13%
*
370
50
8
No por
Corp
Co
125% May
2
preferred-,
Invest
American
8
27 ,, Jan
2% Jan
96
Jan
20% Jan
91 -• Mar
par
pur
10
8
30% Jun
49% May
68% Jan
No
34 74
x35 Va
*112 7'a
24 Va
100
-
par
par
21
$ per share
102% Mar 26
1
Ice
Internat
Amer
4,300
:
13%
18%
106 V2
30'A
3%
50
Products^
Home
r
—1
Leather
*11374
35%
36 Va
*114 % 11574
114
50
1
:
preferred
conv
6%non-cum
3,100
96%
10%
49 Va
6%
Va
95
9%
Hide &
American
9%
78
No
No
No
No
Foreign Power
preferred.
$7.2d preferred A_;
$6 preferred
7774
*49
51%
Co_:
$7
24
112Va Mar
No par
Chicle
American Hawaiian SS Co
1,200
76 Va
s96
•
800
102
102
102
Amer &
109
3%
4
110
45%
10%
36 Va
6
4,400
4,300
6%
4574
45
7^
94 Va
9V4
115
Y
9%
10%
36 Va
*109
102
102
*101
102
3%
4%
109%
I
I
>'•
100
preferred
conv
American- Colortype
10
36
14 74
36
5%
2,100
32%
32
3274
5%
36%
*44
*108
22
111
21%
22
110
31%
14%
102
*19%
19%
5%
36
:
130
31%
*4974
77
94
114%
21%
*108
77%
*4974
77%
*97a
10
American Crystal Sugar
10
>
6%
1st preferred.,
—100
Amer Distilling Co stamped
20
American Encaustic Tiling
.—1
Amer European Sees
No par%
American Export Lines Inc
1
51V4
6V4
51V'4
*49 Va
American
800
6%
6V4
:
320
20
6%
49 V4
8%
132
*19 Va
5%
4
No par
Inc
131
130
110
109 Va
100
90
31%
4 7'a
par
3,600
: 5%
110
Fdy
preferred
Cable
Chain &
Am
No
&
30%
1474
4
100
Car
non-cum
117 74
32%
110
7%
800
30%
21%
21%
*108
American
6,200
116%
36 7'a
44
*76%
ID 74
22 Va"
—
Preferred
290
47%
Can
30%
36 Va
28%
44
93
110
*13%
102%
674
*
190
110
5%
4Va
102
43 Va
43 Va
190
47%
109 %
American
Jan 30
16% Jan
Mar
130
Feb
HV4 Mar
89 % Feb
18334 Jan
39 • Jan
96
Jan
27
Jan
110
Jan
-100
—1
.—25
—
Radio Corp
&
.2
x41
No par
Co__—
preferred
Cable
69
1
Corp___
Shoe
116%
19%
19%
110
32
111
27%
103 Va
103
191%
5%
*110
28%
28 Va
2,700
14 Va
a
4
111
4
99%
36%
5%
1474
36%
*108
32
31%
14 V4
*36 Va
21%
227'4
110
*108
6
*13%
5Vi%
Bosch
30%
128
126 Va
20 V'4
327a
99
42 % Jan 24
20% Jan
2
-—50
-
*11674
117
128
118
*116
118
*116
126%
*32
99%
preferred
Amer
73,800
47%
30%
*116
20 Va
109
11 %
109
109
30%
30%
126%
109
11%
*191
48%
109
109
*108
20 V4
126
11%
■«
192.
47
47%
47
20
126
6%
70
132
12
99%
99%
1917 a
*
108%
x30%
109
*107
11%
47%
47
47'
47
132%
»
Agricultural Chemical_No par
Airlines (new)
-5
American BanK JMote
10
Amer
"
100%
192
133
*13274
100%
11%
101
100
46
46%
45%
45%
18%
19
100
117 a
11%
100
•
107 Va Jan
American
'
11 Va
11%
187 a
133
*76
79
*76
77 Va
*76
x32 Va
3% Jan 6
43% May 14
2
28
Jan 24
1
50
Corp—No par
Petroleum
Amerada
58%
*34
--No par
Amalgam Leather Co Inc
6% conv preferred
100
30%
115
100
preferred
conv
Alpha Portland Cem
1,900
5%
45
113%
113
4%
No par
Mfg
Allis-Chalmers
8,000
119 Va
27
26%
47%
*117
47%
120
100
preferred
5%
500
20% Jan 24
99/a Jan 7
38 /a Jan
2
113 ,2 Jan
2
23
Jan 19
No par
Allied Stores Corp
16,900
30%
101
101
100
1944
Lowest
$ per share
$ per share
Par
Shares
$ per share
share
'
EXCHANGE
Year
Range Since January 1
Highest
Lowest
STOCK
NEW YORK
Sales for
June 8
Thursday
June 6
June 5
Range for Previous
STOCKS
HIGH SALE PRICES
Wednesday
Tuesday
LOW AND
114
17%
>
Oct
Dec
5774
Oct
62
Jun
120% Aug
20
Dec
15
May
7
7
Jan
1374 May
95
Mar
24
66
Apr
84 74 May
7
14%
Dec
1574 Nov
6
3%
Jan
23% May
8 74 Jun
6
Dec
B
29
29%
{2074
29%
29%
29%
29%
2374
30%
30%
30%
|24
24%
22%
24
237 a
22%
23%
23
37%
36
3774
36%
36%
35%
36%
36 74
37
1974
19
1974
19
19%
75%
75%
75%
X73
41%
40%
4174
40%
41%
29
28%
28%
*28 %
28 7 &
*52%
5374
*52%
53%
*52%
217 a
22 Va
21%
2274
21%
30%
61.800
Baldwin Loco Works
24%
79,900
Baltimore
37%
38%
23.400
4%
*
(1974
.75%
a
74
29-%
23%
24
t37
'
4174
,29
2074
20%
2074
*39
39%
!43%
109
J08
[10%
1074
123
*120
For
footnotes
see
18%
19
2,300
Bangor
73%
74
210
Conv
40%
40%
4074
41
28 7«
29
2874
28%
*28
5374
*52%
53
52'%
52%
53
53
22%
21%
21%
22%
22 74
2274
12,100
20%
20%
6,400
*38%
38%
700
44
400
.
2074
20-%
39
43%
43 34
109%
*109
10%
*109
10%
*39
124%
page
Y
2571.
1217a
40%
20%
20%
20%
20%
38%
3874
39
39
44%
*44
44%
44
109 74
*109
109%
*109
11
11
41
4074
121%
-
22%
*44
41
*39
123
19
74
38%
109 74
*109
10%
40
18%
*73 74
44
44
*39
20%
a
7374
3974
*39
44%
18%
7374
•
74
*119
11%
11%
407,4
-
*3974
1247a
*120
12
40%
124%
12
*39%
*119
&
v
t
c
&
Aroostook
13
2574 Jan
22
30% Jun
26%
Dec
—100
11% Jan
22
IIIII100
III..50
Ohio
preferred
19 7
24% Jun
2
5%
Jan
13J4
1974 Jan
31
38% Jun
8
9%
Jan
2374
Dec
Dec
1274 Jan
24
19% Jun
5
974
Jan
14%
Dec
66
77 %
May 9
44% May 16
60
Jan
.6874
2174
Apr
23%
12
Jan
18
14 %"
Sep
5%
4
5,300
Barber
preferred—
Asphalt Corp_„
2874
700
Barker
Brothers
40 3
109 74
40
•
5Va%
$4.25
Works
2
17% Jan
3
31
50
May
50 74 Jan
9
54
Apr
Feb
28
I-III—5
preferred
12%
14.200
Beech
Aircraft
10
Beech
Creek
124%
200
Corp
RR
Beech-Nut Packing Co
18
Apr
Dec
30
16% Jan
2
1
18 74 Jan
22
22% Mar
par
32% Jan
19
40
25
36
—~No~par
23
44
107
May 24
110
Corp
Inc
Creamery
40%
/
27
30% Jan
N0"par
Co
Cigars
Beatrice
50
Oil
Iron
Bayuk
Mar
i0
preferred
Barnsdall
Bath
100
6
-
No
1
IIIIIIII50
III2Q
Jan
114
7
May 31
19%
Feb
34 Va
Jan
Jan
11
105 Va
Jun
111
25
14% Jan
2
7%
Jun
14%
Mar 17
4074 Jun
6
Jan
38
Jun
121
Jan
20
124
May 29
May 29
31
31
lliy4
Dec
July
18% Mar
14% Aug
25%
38
9% Am36
25
4
Dec
Nov
Dec
Oct
Dec
Dec
Nov
Number 4393
161
Volume
THE COMMERCIAL &
FINANCIAL CHRONICLE
NEW YORK STOCK
LOW
Saturday
AND
Monday
June 2
Tuesday
June 4
$
$ per share
per
HIGH
SALE
STOCKS
Thursday
June 0
$ per share
Friday-
$ per share
$
per
share
15%
15%
15%
15
15%
14%
15%
16%
16%
16
15%
17%
17%
15%
17%
16%
17%
17*4
18
21
21%
21%
21%
*106
52%
106%
106%
106%
52%
24%
52%
53
24%
24%
53
24%
21
*24%"
21%
53 V8
20%
107%
*107.
53%
Sales
June 8
the Week
June 7
15%
%
RECORD
PRICES
Wednesday
June 5
share
107%
53%
$ per share
15 Va
53*4
24%
24 '/a
56 VB
2,300
18
*55%
x52%
Range Since January 1*
Highest
27,900
Bell
Aircraft
5,300
Bell
&
200
w
Co
7,600
BeuuiA
24%
1,500
Aviation
Jan
65
Jan
2
100
127
Jan
2
2,100
21
20%
20%
10,300
79%
16.700
Bethlehem Steel
145%
1,700
80%
79%
80%
145 %
145%
60
59%
78%
79%
79
79%
145%
60
145%
*143
145'4
79
145%
60
*59%
59*4
59*4
59
26
26%
26 %
26%
*26%
26%
26%
26%
15-
26 *4
14%
15
16%
26%
15%
16
26%
15%
15 * '8
22%
15 *4
22%.
15%
23%
15%
*22%
22%
*22*4
23
22
23
22%
*22
22%
'
*22%
23Va
*22%
*110% ,113
57%
98
'*57%
58
38%
57%
22
21%
23%
49
21%
21%
*50*4
51%
*50%
*22%
23%
22%
22%
*110%
111%
*110%
22
22%
22*4
23 Vb
23%
57%
57%
57%
57
57
98
99
99
58
57
56%
58
55%
136
55%
134
38%
134
38%
43%
38%
42
7%
42%
7%
49
50
21%
51%
22%
*50%
51%
*22
57%
38%
37%
41%
7%
7%
48%
22*4
21%
22%
9,200
*50%
51%
*50%
51%
12%
12%
12%
12%
12%
12%
43%
43%
43%
43*4
44
*53 %
55
*53%
29%
29%
*52%
54%
28
*27
30
*53
27%
15%
27%
15%
*122
124
54
30%
55
27%
15%
15%
*122%
*42%
43%
15%
124
124
54
53%
30%
54
*53
43%
43%
54
27%
26%
29*4
*53*4
54
29 %
26%
26%
15%
15%
124%
*53%
26%
15%
*122%
15%
124
55
*122*4
26%
16*4
16%
124
123
Braniff
54%
800
7,700
.
27
Bucyrus-ffifte
15,900
14%
36,300
84
83%
84%
84
84%
84
84%
83*4
84
84
84%
•1,730
16%
16%
16%
16%
16%
16%
16%
16%
16%
16%
16%
16%
7,100
Budd
28
28
27%
27%
27%
27%
27%
27 %
27*4
27*4
27%
28
24%
24%
24%
24%
24%
24%
24%
24%
*24*4
24%
24%
24%
63%
64
63
63%
*110
17
65
110
*108%
-
16%
17%
16%
8%
8%
8%
*109
17
17%
8%
110%
17 %
17
8%
8%
82
*80%
82
80%
80%
64%
65
*64%
65%
*64
18%
18%
18%
*108%
108%
108%
3%
3%
19
19
108%
3%
108%
3%
19%
110
109
17*4
16%
6%
109
17
11,600
8%
7%
18%
.
*81
82
81
81
65
65
64%
64%
19%
109%
19
3%
3%
19
*108%
18%
3%
19%
6,000
109 Vi
200
3%
3%
8%
18
18 %
18
18%
18%
19%
18%
19%
18 VB
18%
18%
96
96%
96%
96%
96%
96
96%
95*4
95%
95%
96
26%
26%
26%
26 *4
26 Va
26'%
32%
32%
32%
32
32
32%
32 %
55
*54'%
26%
26 %
26%
26%
*32
32%
32%
32%
32%
*54
55
.
.
700
-
Copper
&
Participating
55
*54%
*54%
•
55
55
*54%
*54*4
5%
55
109
13% Jan
78
14% Jan
13
13%
55
38
13
*54
129
38
12%
•
*54
55
*128%
128%
129
38%
27%
x38%
28
12%
54%
*54
128%
128%
129
37%
37%
*37
27%
28
70
*54
38%
'27%
38%
12%
12%
13
54%
129
28%
13%
1,300
12%
13%
54%
54%
55
«.
'
28%
28%
70
71
6%
42%
*69%
43 %
*167
6%
43
6%
43
43%
169
*167
169
70
70%
6%
6%
*167
27%
57
1*4
Jun
7%
Dec
6%
*6%
6%
43%
42%
43%
42 %
43 *4
169
*167
169
*167
,.
4,100
69
42%
43 %
4,200
61
60%
61%
60%
61%
60%
60%
61
61*4
60%
48%
48
48%
47%
47%
47%
47%
47%
48*4
48
141%
*106%
109
110
*106
109
107
107
141
141%
109%
141%
140%
142
142
143
142*4
142%
143
Case
.——No par
No par
No par
7%
100
Celotex Corp
—,——No par
5% preferred ——
;20
Central Aguirra Assoc—
No par
Central Foundry Co———
1
143%
1st preferred
2d preferred
380
17%
17%
17%
17%
17%
17*4
17 '4
17%
17%
20%'
20%
20%
20%
20%
20%
20%
21
21%
810
23%
22%
23%
22%
23
23
23%
12.100
5%
6,200
17%
23%
5%
5%
5%
5%
*110%
112%
112%
16%
17%
16
16%
15%
16%
16*4
30
30%
5%
112%
30%'
30%
31%
31
31%
*30 %
'
;
113
*112*4
*112%
113
16%
16%
18
14,000
31*4
31%
34
5,100
*14
14%
14%
14%
14%
14%
14
34%
34%
35
34%
35
34%
34%
34'4
34%
34%
34%
10%
11
10%
11%
11%
11%
11 *4
11%
11%
11%
159%
2,850
155
*22%
155
155
*23
23%
*35%
*113%
35%
36
114
60
17%
53
22%
62
62
16%
52%
9%
114
9%
23%
10%
11
30%
31%
!
155
154%
*23
23%
35%
35%
114
*113%
60%
62
157
155%
155
24
*23%
23%
34%
X34%
35%
113
X112
114
17%
17%
17%
52%
52%
51%
9%
9%
9%
9%
8%
21%
22%
22%
39%
68%
68%
*23%
24%
39%
37%
26
26
68
68%
68 %
68%
67%
23%
23%
24%
*23%
24
25%
25%
26
25%
25%
25%
*50%
51%
*50%
51%
51
56 %
56%
*57
58%
*57
*19
18
7%
*35
19 %
18
7%
36
18%
18
7%
36
18%
18%
18
18
7%
36
7
35
115%
51
51%
51%
58%
57
57
19
19
19%
116
47%
48
48
21%
21%
21%
42
42
49
42
*102
104
13
*55%
13%
57 %
*101%
12%
55%
104
12%
56
*41.
*102
12%
*55%
41%
104
12%
56
68%
69%
115%
114
48%
x48
*21%
21%
21%
42
42
*41
*102
104
*102
12%
12%
55%
55%
17*4
12*4
*55
.
17%
17%
6%
7
35*4
114%
60
1,900
19%
*34
113%
7%
•
900
4,800
35%
48%
48'%
48%
7,900
21%
21%
1,400
41*4
*41
*102
104
41%
90
104
12%
12%
12%
3,400
55*4
55%
55%
<
*190
200
*190
200
*190
200
*187
200
*191
200
*191
*100
103
*100
103
*100
103
*100
103
*100
111
111
*110%
111
111
111
*52%
53%
108%
*107
*98%
100%
*57%
60
39%
40
43%
*150
132%
64 %
43%
155
132%
65%
*107
*98%
*57%
40
43
*150
53%
108%
100%
59
40%
43%
155
134%
134%
*64%
65%
53%
*107
*98%
111
111
53%
53
53
108%
*107
100%
108%
100'/2
*98%
*57%
59
40
60
*57%
39%
39%
43
*150;
43%
155.
133%
133%
64 %
64%
40%
43 5 a
43
155
*150
134
132%
65%
*64%
35%
*103
44%
*110%
26%
35%
36
103%
103
44%
44
112
26%
*110%
26 Vs
*1000
"1000
*1000
36
103%
44
112
27%
36
*103
44
*110%
26%
36
103%
35%
103
36%
103
44
43%
43%
112
110%
110%
27%
26
111
52 *4
—100
5
5
Mfg
*107
*98%
*57%
39%
42%
*150
132%
64 *4
52'4
108*4
100'4
27 Vi
*107
*98%
Clev
——
100
Co———5
-Wo par
El
Ilium
$4.50
35%
44
112
26
65 "4
35%
102%
*111
26
Sep
Apr
15
Mar
Jun
28% Nov
preferred—
Pitts RR Co
Special
gtd
Class
Mar 26
21 >4 Mar 28
28% Jan
3
34
25
Mar
36
Jun
8
41
Jan
3
62
14 Vb Jan
5
15
% Jan 22
5% Jan
4% July
115Va Jan
23
Deo
23
Jan
31V*
Deo
108
7
20
Jan
114 %
Apr
July
46% July
Jan
17*4 Jun
11
Feb
14 %
Deo
54% Mar
44
Apr
50%
Deo
Jim
2
9% Jun
5%
Sep
23% Jun
11%
Jan
4%
Jan
9
Va Mar
18% Mar
22
11
Jail
22
31 *4 Jun
18
Jan
25% Mar
25'4 Jan
22
39% Jun
71% Jun
21 %
Apr
Sep
30% Nov
24
54% Jail 22
19% Jan 22
19% Jan
Jun
43%
15%
65 Va
July
24% May 29
Feb
21%
Dec
27% Mar
7
16 V8
Jan
21% July
49 Va Nov
19
38%
Jan
Jan
54% Apr
58% Apr
16
47
Jan
15% Jan
19% Jun
8
13
Jan
16
18*4 Feb
23
8% Feb
19
14% May
1% Jan
36% .Jail
18
24
49
Jan
54
Jan
4% Jan
29% Jan
91% Jan
24
May
77%
117% May 29
Feb
40'4
Feb
2
50% Apr
23*4 Jan
24
20% Jan
15
14%
Jan
par
Jail
2
43% Jan
18
25% Nov
100
98
103% Feb
13
95
42% Jan
2/
Jan
2
9% Jail
27
Jan
2
170
89
49
7% Mar
Mar
Nuv
19*4 July
Jun
6%
30
Oct
July
98*4
Jun
50 Va
July
25*4 July
31%
Dec
96 Va
Oct
Jan
10%
Jan
35%
1
Nov
6%
13% May 18
60
57
17 Va
Feb
51
Dec
Jan
185
Jun
90
Jun
148
(The)—.1
100
Jan
22
107% Jan
24
50
50
93% Jan
53% Jan
17
Apr 12
57% Apr 30
52% Mar
Wo par
Wo par
34'4 Jan
2
40% Mar
6
30% May
38% Mar
35% Jan
5
44% Anr
27
34 */a
39% July
7%
(The)
Jan
27%
gtd
44
3
Apr
9
151
130
May 31
141
62% Jan
2
31 Vb Feb
2
76
65
May 31:
5
Jan
22
Nov
37%
Apr
106
,
Mar
92
16
May
Jan
110
99
140
par
19
54% May 14
110% Apr
—No par
-—Wo
Apr
May 15
114% Feb 27
100
Co
17%
Deo
186
4%
A
57
May 31
111
35%
103
44%
2.600
280
1,000
112%
20
26%
7.600
Colgate-Palmolive-Peet
$4.25 preferred
Wo par
Wo par
Collins & Alkman
Wo par
34% Jan
2
100
110% Jun
6
Wo var
23% Jan
23
b%
conv
Colo FupI
preferred
& Iron Corn
102*4 May 24
36*4 May 7
108% Feb 19
Jun
Apr
145
Feb
111
Feb
115*4
Jan
45*4
Jun
109
Jan
90
Aug
53%
Oct
152
July
146% July
59% July
67%
Jun
23%
Jan
33%
Deo
103% Mar
108Va
Jun
25%
Apr
38
Sep
9
109%
Feb
116
Deo
6
14%
Anr
44% May 31
115
Jan
29% Mnr
w
Jan
Coca-Cola International Corp No par
*1000
*43%
114
8%
107
105
Preferred
20
Jun
2
2
Coca-Cola
*64%
14
23
18% Jun
26
1,000
,
6 !4 Feb
115*4 Feb
13
20
42%
64 %
2
16
Feb
1,500
132%
Jun
19% July
July
Jan
5,900
155
15%
23
109% Jan
43
132%
2%
Jan
Wo par
pfd
40
*150
Nov
31
5
No par.
C. & St. Louis Ry. Co.
100
preferred—
—-100
39%
132%
Jan
19
par
par
Equipment
Clev &
'•
28
8
Stores—
*42%
155
40
—
Glev Graph Bronze CO
108
59
17
Jan
6%,Mar 26
& Fuel—
fee
Clark
5%
100%
A
39%
103%
25%
600
11
8
414 Jail
No par
111 RR Co
stock
Climax Molybdenum
Cluett Peabody & Co
35*4
*111
52
*57%
60
103%
*43%
111
52
7
10
10% Apr
i
109 V2
47% Mar 27
conv
City
5%
70
24% Jan
—25
Corp——Wo
Wo
City Investing Co
—No
5%% preferred—
C. O.
111
111
*1000
■
*1000
Cab
East
&
City
303
53 %
—No par
preferred
C I T Financial
200
103
'5
.5
Jan
Dec
Nov
Chile Copper CoChryslc Corp————.-—
400
*100
18% Jan
20 Vb Apr
113
134
preferred
No par
Pr pf ($2.50) oum div—No par
Chicago Yellow Cab
No par
Chickasha Cotton Oil
—10
tChllds Co———
Wo par
11,900
21%
129'/a Nov
24
July
Va
May
$3
20
114%
Jan
Apr
18*4 May
21 *4 Jun
54
8
5%
preferred wl
Chicago Mall Order
400
58%
19%
106
159% Jun
Chicago Pneumat Tool
3,000
53%
*57
19*4
17'4
48%
•
*51%
58*4
19*4
40
Jun
8
.
16,500
1,500
23%
27
52
52
*57
7
71%
23 %
26%
Apr
96%
Jan
Chicago Great West RR Co——-50
5% preferred
50
Chicago & Northwest'n w i—No par
15.700
23%
26 Va
*34
70%
39%
26%
*23
113%
48%
21%
35%
*34
116%
114%
21%
7
7
7%
35
48%
48
*21%.
17%
17%
18
116%
115%
68%
38%
31%
5
Jun
129
prior preferred
Class
6,200
38
Deo
Jun
Checker
23,900
39%
152*4
9
30,800
10%
Oct
Mar
8
146
2
143'/a July
44*4 Jan
7
Deo
39
25
127
14% Jan
Apr
61% Jim
110
2
33
52% Apr
104% May 15
Jail
8
5%
12%
23%
30%
44% May
171
May
65
Jan
37%
23*4
10%
15
Oct
Nov
4
Feb
22*4
30%
22
37 Vb Jan
Dec
18%
56 V«
19
Apr
Chic
39
47% Jail
22%
I
7
May
May
7'4 Feb
4%
26.900
10%
.3
Deo
30*/a
9%
30%
Jan
33 Va
5
9%
38'4
152
74
Deo
Jun
7
8%
10
30
Va
Deo
Deo
23
Chesapeake Corp of Va
Chesapeake & Ohio Ry
30
27
11%
54 %
119
11% Jun
6%
800
10%
5
Feb
38% Fob
18,400
30%
Jan
2
17
10
Jan
97
24
53%
29%
43*4
Jan
17
10%
6%
1
2
*7% Dec
12% July
51% July
Jan
52%
38%
26
20
55 % Mar
.2
35% Jan
15% FCb
130% May
3B% Jun
,
•*
7
17 *4
22%
15
Apr
33
No par
-No par
„———1
100
Champion Pap & Fib Co_—No par
1,700
30%
Jan. 22
5 % Jun
Jan
42%
24
Jan
52%
22%
-
x61% Jan
8%
S
Apr
Apr
52*4
9
Mar 26
Jan
2
Jun
53
7%
Chain Belt Co
560
60%
.2
33%
17% Jun
57
20%
6%
1,700
35
10%
10%
30%
*23%
60*4
60%
32
21
5
Mar 26
23% Feb
8
Certain-teed
400
23%
111%
30%
10%
30%
38%
111
112
Jan
52
21% July
35 V4 Deo
14 Va Jun
*59'4
9
"
38%
23
34%
35
35
.11
116% Jan
Jan
22
*16%
52%
21%
22%
23*4
23
111*4
2
15 Vi
10% Jan
17
*15%
52%
159
159
158
48% Jail
24% May 5
38% Apr 28
118% Mar 17
Nov
25
59%
59%
61
17%
51%
14
4
23
6
Century Ribbon Mills
Cerro de Pasco Copper.
Products
46,600
,
—100
8
Jan
Apr
Central Violeta Sugar Co—
4,400
11
preferred—100
4%%
Lt
tCent RR of New Jersey
700
14%
14
34%
10%
111
Central
60
113
14%
*14
5%
5%
5%
5%
18%
*29%
23%
23
112V8
8,800
24
10% Jan
Celanese Corp of Amer
$4.75
Jan
47
Caterpillar Tractor
600
17
5%
100
—
4,200
20%
23 %
Co
4,600
17%
113
I)
(J
61%
20%
■5%
-^
48%
108
17%
23
Co——1
preferred
Preferred
169
20%
*112%
Ry
Carriers & General Corp—
500
61
109
4% %
600
6%
Ohio
26
113% Feb
par
A—1
-10
100
8
>10
-50
—1
25
class
—
Clinch ,&
27%
48%
*108
Administration
preferred A
Mar
31
100
—No
;
20
——25
Mills—
Carpenter Steel
Carrier Corp
*6%
My Co—
Pacific. Ry
400
*167
169
Southern
68%
69*4
*6%
*69
•
May
27%
27%
*68*4
6%
70
1
23
37%
*37
38*4
'
Apr
Feb
Capital
$3
~2%
23
9
Carolina
■
4% Feb
•'
4
$4.25 preferred—-—-—No par
50
129
Deo
6 % Apr
260
129
129
15%
Hecla Cons Copper—*-5
117
13%
Jan
30% July
117
*53%
8%
7
Feb
■
129
9
Mar
Jan
*50%
Cannon
Deo
19% May
109
Deo
Jan
4,700
3,400
70%
%
34%
55%
83
Apr
53%
34
55%
Jan
43*4
24%
34*4
55%
54
3
17
34
55*4
Deo
7
May
18
34
56%
9%
23
33%
55%
15%
Jan
Apr
34%
57
Deo
Jun
Jan
4
3
Feb
34
56%
12'4
Ill %
2
35
55%
Apr
56
34%
51%
107
34
35%
51%
Deo
a**.**
3
35%
*50%
Deo
49%
May
72*4 Jan
106% May'11
3% Jan ;• 2
Campbell W & C Fdy_;
No par
Canada Dry Ginger Ale—I
8
Canadian
Dec
20%
Sep
'
2
Zinc-Lead-*.&
Canada
83
6
•
Jun
22%
Jan
31
30
9% Jan
26
Dec
11%
20
1,900
50
Fob
77%
Apr
16%
18% May 17
59 % Mar 27
•
12% July
Jan
17
11 1 Va Jan
2
1
Jun
Jan
1
7'4 Mar 28
•
5%
7*4
25%,Jun
8
Deo
Jan
23%
189,000
Jun
Dec
*
47%
25% May 19
65 Va Jun
8
24
Deo
14
129
1 % Jan
23%
16%
•
53
23%
16%
28
27% Jan
23%
16%
3
-50
.
23%
16%
22 % Jan ;
•
25%
•
1
preferred-
23%
17%
86% May
16% Jun
par
23%
16%
14% Jun
2
2
Jan
*
:
—No
Packing
23%
17%
2
•
10
Jan
Sep
24%
210
116
Jan
Deo
24%
52
Jan
125
Deo
24%
17
Jan
6 Va
29% Apr 24
16% Jun
8
22
25
Calumet
118
17*4
Jan
Apr
9,700
*50%
25
J.2% Mar 27
20
24%
*
23% Jan
120
Oct
6
6%
*116 %
Jan
26% Jun
6%
52
39%
May 29
Mar 26
6%
118
53
July
No par
6%
•
2
50
July
6%
16'4
Jan
22*4 July
49*4 Deo
~3%
6%
50%
53%
Jan
17%
6%
16%
Jan
14%
20
96
6%
52
40*4
Feb
22
6%
16
Jan
55 % Apr 24
32 % May
7
Apr
6%
116
39
2
17
Jan
6%
52
47
Jail
.
12*4
6%
115%
Oct
12% July
44% Aug
67*4
5,500
*50
53
Jan
Jan
6
1%
*114%
Feb
8V'a
27
28
1%
50%
12
20% Mar
1*4
115%
Apr
Apr 30
44% May 29
101% Feb
1 Va
50%
40%
13
22
1%
*114%
61
22
1%
51%
Jan 45
Oct
Jan
1%
116
21% Aug
Jan
1%
17%
Jan
15
1%
*50%
12%
92
par
1%
*114%
23*4 May 19
9
■
100
No
1%
Callahan
45
45
Zinc—
preferred—
1%
?
Jan
49% Jan
±10
100
c
California
1,500
Jan
Jan
-100
Byron Jackson Co—
>
34 *4
3%
20% Apr < 6
Byers Co (A M)*.——.
8
Dec
37%
21
No par
Butte
3.20
.
34%
1
l_1
4—.,—
Jan
8
47% Jail
preferred
Out
28%
Jun
'
5,700
26%
26%
4%%
Sep
8
Mar
;
5,500
18%
96
Butler Bros
117
8
par
preferred ——
—100
Term" Bldg-7% preferred—100
Bush
•
109% May
40% Mnr 27
•
par
-—1
Sep
48
x50
18% Jail 22
n—l
Deo
55%
5
—No
Terminal-
.
6%
30
200
,,
*108%
10.9%
Bush
8,300
98
Jan
24
par
Burlington Mills Corp
5% preferred rBurroughs Adding Maoh
300
65
*108%
3%
25 %
81
%
108%
3%
24%
Jua
41% July
7*4 July
No
Watch—
52%
10% Mar 27
37% Mar 27
par
-L-l
Oct
19% Nov
33%
May 29
Jun
109 V
88 Va Apr
46*4 Jan
May 29
44% May
10% Jan
l
8
Jun
57% May 29
5
74% Jan
Forge Co-———
Jan
5
No par
Co.
45
39
47
.—8
No
8
136
—No par
Wheel
Bulova
3,600
•10,500
Jan
17% Mar
100
Bullard
'
.
No
a—
Buffalo
«■
2,000
65%
8%
8%
81
65
,
64%
24 VB
24
*109
111
17%
8%
*80%
110
110%
•
64%
1,600
_
61% Mar
3
-
42 % Jan
par
*.
Co——,
7%
80
Jun
58
2.50
Bruns-Bulke-Collender-
700
16%
123
12%
101
—5
,
55%
6
36% Apr
514 Apr '
(assented)-190
Co
!
~5
Brooklyn Union Gas,
No par
Brown Shoe Co—
—iNo par
Va Jun
24
May
33% Apr
__5
-No
93 % Mar
19
114
la
Bristol-Myers
29%
Feb
Jan
14 *4 Mar
8
3
43% Mar 27
1
100
16
23 *4 May 29
111
52% Apr
Briggs & Stratton
84
24%
par
„
100
.
14%
24%
23
xl()8% Mar 26
Brewing Corp. of America!
.—15
Bridgeport Brass Co
—-No par
Briggs Manufacturing—
-No par
.
14*4
24%
18% Jan
par
par
Airways Inc
14*4
24%
23% Mar
95
Bearing Co_;
14%
24%
16 Vi Jun
26
No
Maine RR
&
Roller
14%
24%
Dec
Corp
14%
25
Deo
20
22
20% Jan
—No
(The)
14%
24%
22*4
preferred
14%
63*4
Dec
.
14
64
15
13% Jan
6
No
Inc
14%
63%
Jan
'—„
Stores
14%
63%
7%
par
Brass
preferredi
Budd (E G) Mfg
$5 preferred .s.,
63%
Ai.g
2
Boston
8,600
29%
54
30
55
29%
55
Oct
25 Va
49%: Jan
Bower
5,400
43*4
*42*4
12%
44%
.
'
54%
29 %
*53
44
12%
43%
v
51%
Jan
•—.
class A
Borg-Warner
600
43%
Feb
16 Va
5
4%%
5,100
48%
12%
37*4
27% Mar
24
Borden Co
.
5,800
7%
44%
*42%
42'%
49*4
12%
61% May
2
17% Apr
Class B
3,900
7*4
22*4
23
__5
Bond
-
300
39
*48%
43%
:/
300
Deo
Jan
Airplane Co
&
20*4 July
66% JulV
130
Jan
No
Aluminum
Feb
Jan
56% Jail
48
Co
Amt Co
115%
23
Boeing
Bon
15%
81% May
145% Jun
22
100
Bohn
1,100
x26% May
21 *4 Jun
No par
Bloomlngdale Brothers
120
May
% Jun
.No par
Mfg Co
& Laughlin Inc
700
_
56
41%
No
Blumenthal & Co preferred
136
38%
42%
12%
44
20
57%
55%
*130
44%
*42%
Bliss
56.100
101
*57
56%
134
& Decker
Blaw-Knox
.1,400
23%
100
57%
56
43%
43%
Black
29,400
57%
99%
134
7%
*48 %
22%
*98
12%
*42%
2,800
24%
113
*110%
1
;
(Del);
preferred
Blgelow-Sanf Carp Inc
111%
22%
113
7%
48%
21%
51%
*50%
42%
8
I 48%
49%
38%
43%
7%
49%
56%
*134
38%
43
7%
*57%
57%
136
38%
%
98
57%
56 %
•43 %
*43%
*57%
98
136
38%
22
57%
*97 %
138
*110%
21%
57%
57%
57%
*136
*22%
113:
20%
57%
98
23%
*110%
,21%
20%
.
23% May jn
„
—,
7%
800
26%
15 %
Pr
300
59
Dec
Jan
par
20%
143%
Dec,
20%
56%
17
24%
20%
59%
49%
Jan
Foods
*24%
20%
79%
Jan
17
53% Nov
Best
20%
143 %
33%
55% Mar
Best
20%
60
Jan
July
107% Jun
56
21
145 %
15%
5
25
20%
143 %
Apr
8
6
24
*59%
10%
2
Jun
8
24
,
18% May 16
21% Jun
5
12% May
20
12
24
21 %
13
19% Jan
56
23%
79%
Jan
54% Fob
56
24%
Highest
S per share
10*4
47% Jan
56 %
24
Jun
S per share
1
o
24%
56%
24%
21
16
Indus Loan
—No par
pfd $2.50 dlv series *38_No pa*
Co—...
24%
57
24 VB
56
15
1044
Lowest
S per share
lo6% Jun
»
100
Benencial
25
57
24%
79%
12% Jan
10
preferred
53
$ per share
No par
Corp
Howell
4% %
Year
Lowest
Belding-Heminway
*24%
*
Range for Previous
STOCK
Par
20%
24%
*55*4
YORK
EXCHANGE
107%
20
*107%
53*4
NEW
Shares
15%
17%
21
107%
for
*55%
*55%
2563
r
96 v,
npc
RECORD
NEW YORK STOCK
LOW
tKtnr4*y
June 4
$
share
per
;'38l/4
,»
$
share
per
38%
38%
38%
38%
1,520
36
37
36'A
37
3,000
4%
non-cum
4%
non-cum
39 %
39'A
■v
36%
37%
33
331/4
33
37
33%
32%
32%
32%
*39%
40%
"39%
40
39 >/4
39'A
7
6%
39
40
39
40
40%
39%
"39%
>"
6%
■
6%
6%
105 (ft
105 ft
105
105%
104%
105%,
98%
99
100%
*99
100 %
'106
106
-
*104%
"44%'
X44%
45
■
17 %
-
:V;
107
105%
30%
31
30%
34%
34%
30
30%
36
"104%
4%
38
38
30%
30%
35%
35%
*35%
104%
4 Va
30%
108%
30%
30%
30%
11%
11%
*11%
37%
37'/«
21%
21%
28
27%
21%
"27%
21%
21%
21%
23%
30%
30%
10
4%
30%
31%
31
31
11%
11%
12%
12%
13
37%
37%
37%
37%
10,000
Consolidated
23%
23%
24'A
23%
24
23%
24%
23%
24%
58,200
Consolidated
28
28%
28'A
28
28%
28%
28%
*28 Va
28%
1,800
21%
22%
21%
22%
21%
21%
21%
22%
25
21%
25%
241/4
53%
53%
53%
53Va
531/8
53%
53%
53%
46%
45%
109%
109%
12%
12
10%
12%
53%
10%
10%
12%
-
53
53
53%
1,700
10%
10%
10%
10%
22,800
33%
32%
33 %
33
33%
32%
33
32%
331/4
33%
33%
32%
33%
32%
33
*331/4
33%
900
20
19%
19%
20
2OV4
20%
20%
19%
19%
2,800:
52
51
51
51%
110
16%
16
161/2
*161/4
16%
16%
16%
1,600
52
52
52
*52
53
52%
52%
20
*51
52
16'A
16%
52
52
*51
52
16
16%
*51%
52
v
*51
52
:
18%
18%
18%
18%
18%
18%
18%
18%
18%
57 %
57%
57%
57%
57%
571/2
57%
57
57%
33%
33%
32%
33%
32%
33%
321/4
32%
105%
105%
105%
18'A
18%
"57 Va
105%
105%
105%
105%
67%
8%
8%
8%
8%
8%
5
4%
4%
*4%
4%
34%
33 ¥4
34%
105 ft
105Va
105 ft
8%
\4!a
.*
34
1051/8
27%
38%
45
45
4,700
360
66'A
195
193%
6,100
Container
8%
Continental
67%
2,300
Continental
Continental
Corning
Corn
8,500
Coty
4%
1,300
Coty Internat
333/4
33%
34%
33%
34'A
11,300
105ft
105%
105%
IO5V4
105Va
IO51/4
28'/8
27%
27%
28
28
40
391/4
39%
6,700
Crosley Corp
Crown
38V4
45
38%
38 ¥a
433/4
38'/a
44
Crane
43%
43%
44Va
44%
1,300
48%
*481%
49%
*48 »/4
49 5/a
*48i/4
49%
*48*%
49%
241/a
24Va
241/a
24¥a
24i/a
24%
24%
24'A
24%
3,500
103%
103%
103 ft
103 3/a
103Va
103Va
103%
*1031/4
103%
46%
45%
46 ¥a
441/4
45'/a
44%
45
44%
45%
12,400
96'%
96'A
98 Va
98%
99
973/4
98
97%
97%
97'A
97%
28
28
28%
28%
28%
28 3/a
28¥a
*28
28%
28
28%
19'/a
19
191/4
19%
*145%
18%
18%
18%
150
*145%
18 ¥4
33%
33 Va
"33%
/; *105%
107%
*1051%
107%
*105%
107 Va
36%
12%
12%
12%
135
*133%
66%
6
3%
6
19%
20
19%
20
128
*120
29 ft
28 3%
34%
*133
5¥a
66%
6ft
6%
20 'A
20 ¥4
128
*120
128
-T> 28%
28%
28%
4%%
134
134
65
900
6%
21
*120
128
126,600
211/4
28%
'■''.y,.,
2,100
Dec
50 % Jun
5
45%.Apr
108% Apr
18% Feb
17
107% Jun
31 Va May
39
Jhn
Jan
37%
16
1V8 Apr
39 Va
19
21
Jan
105
49%
Dec
43%
Feb
Jun
108
14 Va
Apr
%
Feb
7
79
Jan
8
24%
Jan
6
8%
Feb
Oct
26
>
■
18% Jun
1 Va
July
957a
Dec
29V4 NOV
.
Dec
5
21%
Jan
29%
27
20%
Jan
31
Dec
10
95 Va
Jun
103
Dec
3
3%
Feb
4
21 Va
Feb
25%
109% May 23
102%
Jan
108%
Oct
2%
Jan
6 %
Jun
Nov
33% May
36
Apr
104% Mar
4% Jan
31l/aJun
2
6% Feb
24
16
32% Feb
18
3
24
2
14'A Mar
Dec
4% July
Oct
Jan
30 ft
Jan
24
Jan
13% July
32% Oct
11%
,16%
7%
37% Jun
24% Jun
Jan
20Vb
Dec
28% Jun
18%
Jan
25%
Dec
26
12
Aug
24
Dec
25% May 19
14%
Jun
24
Jan 31
55
45
Jan
53%
24
115
Jan
25
17
114
47% May
109 % Jun
2
Feb
Jan
20 v
4
Feb
102%
23
11 % Apr
6
5
May 19
Apr
Feb
30% Jun
Jan
Jan
May 22
Feb
7%
>
32%
Dec
Nov
29% Dec
Oct
10
105 »/a May
5
Dec
112
Mar
112% Aug
Feb
431/4
Jun
5
14
10
13% Mar
6
13
3
2
Jan 24
May
8
41%
Jun
12Va Mar
1
5V8
Jan
9
% Dec
36
Mar
1
26%
Sep
33
ft Jan
2
37
58
Jan
Jan
May
49 Va
Dec
Apr
12 %
Aug
38%
Feb
17 % Mar 26
22 Va Jan
12
15%
Jan
25% July
52% Mar 27
58 Va Jan
17
44%
Jan
57
Dec
61%
Oct
Jan
105% Jun
Apr
3
173 Va
Apr
8% Jun
2
5
Jan
5
July
184% July
•
71/4 July
'
5
1% Jan
May 28
18% Feb
34%. Jon
110
May 31
Jan
52 Va
195% Apr
25% Jan
Dec
13% July
52
5
68% May 10
2
2
2
24
Jan
Mar
4
6
Jan
3% Jan
xl05
47
Dec
19% July
48
33% May 22
32 % Jun
6
103% May 21
58 % Jan
Xl82% Jan
10%
16% May 18
52
Jun
4
3 lVa
>
104ft
Jan
Jan
28% Mar
2
20
16% Jan
Jan
y
5
27%
111
Aug
Jun
Oct
25% July
32
Dec
39
Aug
6
46% Mar
27%
Feb
18
51% Mar
45
Jan
49% Aug
25 '/a May 29
15%
Feb
22%
Dec
97 Va
Jan
105 >
Dec
28
Jan
,69
No
20% Jan 22
102% May 10
35% Jan
2
par
105
Jun
Feb
47% Mar
37% Nov
100
87 Va Jan
Jan
89%
Dec
100
25% Mar 27
30% Jan
20Va
Jan
29%
Dec
16
Mar 26
21
Jun
11%
Feb
19ft
Dec
145% Jan 23
147
Jun
10
—100
—
257/8 Jan
29% Apr
30
ft-—5
;.
.
100
Stores Inc..2.50
(The).
No par
$7 preferred
101 % Mar
2
28
9
No par
No par
Jan
112
Jan
144
Dec
34% Jun
22%
Jan
29% Mar
33% May 31
2
10
22%
Jan
30%
108% Jan
105% May 24
Drug
38
31
Mar 26
Jan
109 Va Nov
May 18
13% May
139
101
M
Dec"
5Va Aug
7
4
97
Apr
5
41
Apr
11% Aug
140
July
pfd
Inc
Cutler-Hammer
6
59% Jan
5% Jan
16
22
6% Jun
8
4%
Jun
7% Nov
1
A
122% Apr
1
preferred
Curtiss-Wrlght
Cushman's Sons Inc 7%
128
28%
23
24 Va
preferred
Class
Apr
Jan
Prior
12,100
*120
28%
28%
6%
20%
6%
16%
Dec
Jan
Sugar—
Inc
Curtis Pub Co
10
65
X20
29
Cunningham
68
6'A
66
500
20,900
135
*65%
67
66%
29
12%
37%
12%
Dec
37
Packing Co
Press
Feb
98 Va
47
preferred
preferred
Cuneo
107%
*35
■i
7%
Cudehy
700
•
..
,
93
Feb/
28% Mar 26
preferred
Cuban-American
12%
*105%
36
135
12,000
33%
12%
20 ¥a
*120
128
12'A
*133
36
12%
6ft
20
66%
37%
*36
12 3/4
135
*133%
66
>
37
;
5%
Feb
84
par
No
Zelierbach Corp
Cuba RR 6%
70
May 22
25% Feb 10
106
971/2
8
—No par
$5 conv preferred™
of Amer
10
150
33%
33%
5%
*120
v
33
33 ¥4
>
66%
> 29'/a
147
*33 Va
36%
*36
%
147
"32%
33%
107%
*105%
135
"
:>
32 ¥a
33
12%
12%
*134
147
34 ¥a
33
37
37
*145%
148
32%
32%
108
*105%
18 Va
191/4
*145%
32
33%
*33
18%
148
32%
760
28,100
Jan
—No par
5
No par
Crucible Steel
2,300
21
76
40
(The)..
preferred
Crown
5V4 Mar
7
100
(The)——2
Wheat Corp
Cork Ac Seal
$2.25
530
44%
preferred
conv
Cream of
100
Corp
Co
5%
750
500
3% Nov
/ May 31
100% Jun .4
28
23
8%
*4%
V Jun
107
2
23
1
1
Inc
8%
4%
7
-
28
—100
Preferred
8%
Deo
25% Jan
Mar
5
——100
25
preferred
Products Refining
4%
24%
103%
31%
Works_
Glass
Dec
35 Va
Jun
1
Corp
Co
Trust
3%%
8%
44%
*145%
Bank
Exch
4%
103%
27%
Electric
Cornell-Dubilier
35%
20
preferred
Copperweld Steel Co
Conv pref 5%
series
prior
Corn
Dec
Jan
21% Apr
52% Jun
No par
No par
No par
—5
50
$3
Dec
27 V4
Jan
2
47 % Feb
5
12% Jan
2
49 Va Jan 16
Continental Steel Corp
Cooper-Bessemer Corp
8%
103
*95'/4
Del
of
Oil
Dec
30
25% Jan
8%
30%
29%
16
1
5
291/2
Jan
2
46
10
Motors——
26%
.
40
2
10% Apr
5
$ per share
Jan
12%
13
40 % Jun
107% Apr 30
-WO par
Diamond Fibre.
8%
.
v;s 25
1
20
$3.75 preferred
210
25 Va
44%
Co
Inc
Can
•27%
28
44%
20
No par
100
Corp of America
HIghwt
>' 11% Jan
6
33% Jun
18% Jan 20
50
108%
26%
8%
109
37%
pfd—No par
preferred
33%
105 Va
38%
$4.50
Pow
Continental Baking
150
193%
>
67
67
*1931/4
194
32%
105%
*105
105%
>. 48%
46
,48ft
*48 ft
50
preferred
4%
,
34%.,
33 ¥4
105Va
28 :/:
38
38
38
*45»/4
>
28
'*271/2
27%
193%
57%
32%
32%
32%
*105
66%
66
194
67%
193 %
67%
194
>7,900
18%
57
$2.50
Consumers
/
*
193V2
67
67%
193%
67
194
/.
25
Consolidation Coal Co
Continental Insurance.
12%
52
*51
6%
Cuba
of
1
No par
pfd
100
pfd
Continental
531/4
10%
.
RR
Aircraft
Vultee
7,300
V
12%
33%
*19%
Natural
conv
Consol
300
109%
12%
5,200
33
19%
"104%
45%
*107%
110
$1.25
100
33
33%
33%
"51
52»A
10%
4,200
11,300
12%
12%
53%
10%
.
12%
53%
12%
53%
10%
451/4
*108
109
109
210
No par
3
Gas——15
Consol
1,800
10%
45%
45%
10,500
111
*109%
111
8,800
301/4
10%
IOV4
10 Va
*109%
46
451/2
45%
108 %
10'A
£
,
53%
30
30%
30'A
30%
109%
110%
5,000
1
$2 partlc preferred
Laundries Corp
10,700
112
*111%
112
112
>:
109%
10
10%
10
112%
30%
30%
30%
*109%
110%
112%
112%
112%
113%
30%
54
"16
>. 371/4
371/4
36%
371/4
37
31%
13Va
13
par
No par
Industries
Film
31%
4%
24%
46
Consol
11%
12%
"50%
x30%
1,900
31
5
10%
19%
5
No
$5 preferred
12
54
33%
4%
24%
108%
Coppermines Corp
Edison of N Y
Consol
1,400
31%
10
46%
17,500
39,100
5
.
24
30 %
110
"32%
4%
24
*108
110%
46%
4%
4%
30%
109
No par
5
prefeired
$4.75
70
29% Jan
101
Jan
3% Mar
24% Jan
xl06 % Mar
4% Apr
28
Jan
,11% May
31% Jan
17% Jan
25% Jan
18% Mar
No par
1944
t per share
37 ft Jun
95'A Jan
9
21
Jan 15
47% Jan 24
39
Jan
2
105% May 19
15% Mar 26
,
Jan
2
89 ■ Jan 24
28% Jan
2
22
Jan 12
26% Mar .31
No par
Inc
Consolidated Cigar
Consol
108%
1081/2
23%
10 %
"108
108%
23%
111%
111%
"108 %
108%
30%
31
30%
31
30%
108 %
600
35%
41/4
4%
41/4
4%
4%
31 Va
108
84,500
104
*103
103
103
103 «/2
*35
35%
*35%
35%
35%
*103
4%
30%
.
*53 Va
53%
"110%
Congoleum-Nairn
107
31
11,700
1%
23%
24
"53%
3,000
"17%
:-
4%
4%
5
2,600
30%
106%
17%
107%
37%
108%
30%
31'/a
108%
39
200
3,100
1
30%
30%
-
50%
/ 44%
1 %
106%
31
37%
103 %
4%
" 4%
30%
1%
.1071/4
*30%
36
103%
104%
:>•
30%
36%
108 %
"37
1
107
30 %
30%
"4%
1 Va
31
30%
2,100
24
44 »A
*105
17%
1
300
50%
v
106%
17Va
31
108%
'
38%
*104%
17%
30%
41/4
37%
301/4
107%
17%
107%
106
106%
*104%
17%
36
104%
38'A
30%
107%
17%
1 >
1 Va
1
105%
"35
6,600
16,700
44%
44%
*104%
—100
100
preferred series A
5% preferred
Columbian Carbon Co
6%
30%
50%
44%
23%
23%
*50'/a
45
17%
No par
Elec
Gas &
CoiumDia
107%
23%
51
44%
107%
2.50
fl
Class
Year
Lowest
Highest
39% Jun
Jan 23
28% Jan 2
25% Jan 2
31
Mar 26
31
Mar 27
4Va Jan 2
90 % Jan 2
84
Jan 27
28
2.ou
Auo ci a
bjs
ur a
30%
23%
*50'/a
45
17%
1 %
108
50 Va
23%
60
,/
1st
2nd preferred—-100
No par
Columbia Pictures
No par
$2.75 preferred
No par
Commercial Credit
10
4%% conv preferred—
100
Commercial Solvents
No par
Commonwealth & Southem_.No par
$6 preferred series
No par
Commonwealth Edison Co
23
Conde Nast Pub Inc
—No par
23%
*104%
1
105'A
105'A
44%.
17%
-
100
50 Va
107%
"106
104'/2
*981/2
23%
■
2,900
99%
Coiumuitt
900
108,100
6%
6%
104%
*105
106
106
■/a;
39
99%
99
•
"
105
50%
*50
50%
99
1,800
104%
104%
104%
40'/a
39
6%
6%
7
33%
39%
39
39
23%
23%
23%
23%
"50
108
*104
108
39%
40
32%
32%
39%
32%
40
*39
7
6%
"97
33%
810
——100
preferred.—100
Southern
&
39%
37
>
36%
:■
Colorado
39
39%
37
January 1
S per share
$ per share
Par
Share*
36%
38%
36
38%
the Week
$ per share
t per share
f per share
Range Since
Lowest
YORK STOCK
EXCHANGE
NEW
Sales for
June 8
June 7
June 6 t
per share
FridaT
Thursday
Wednesday
June 5
..
Range for Previous
STOCKS
PRICES
SALE
HIGH
Tuesday
Monday
June 2
f
AND
Monday, June 11, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
2564
18% Jan
2
21% Mar
7
14%
Jun
19 ft Nov
7
123% Feb
21
114% May
7
2lft Apr
100
No
par
.
120
Mar
25% Apr
67
May
Jun
30% May
6
61%
127
Dec
Nov
28% Dec
--
D
1
16%
*15%
16%
*25 ft
26 ft
*25
26 ft
*25%
Va
18 ft
Xl8ft
18'ft
173ft
16 ft
19%
17
18%
.0
18%
18%
18%
5,900
Davega
17%
18%
18%
.
17%
173ft
3,800
Davison
5%
■
18
>43>-Z
113%
*112
113%
*112
;
>£
42
4 2 ft
42 ft
423ft1
43%
600
433ft
44 ¥4
43 5ft
44 Va
44
44 ¥4
8,800
♦37%
38
37'ft
37'/a
37
37
37
37 ft
*24
25
23 ¥a
24
52'ft
13¥a
531ft
14%
38'ft
*24
24¥a
*24
24'ft
513/a
50
50¥4
44%
363/4
75
3ft.
14%'
>.: *71 *
23 Va
.'i;,:
*237/a
553^
14
76
*43
44
43
36
45
*24 Va
44
44%
351/a
36 %
35'/a
35%
35 ¥a
35 ¥a
43%
43%
45
43
43
*43
25
X243'a
25%
533/4
24%
*105
26 %
26%
*47 Va
48
23 ¥a
23 ¥s
24 Va
>
27¥a
28 3ft
27%
48%
48'ft
48
48%
23 ¥a
23
23»ft
23
24%
/
243ft
24 ft
81%
79V4
84%
139
*138%
139'ft
113%
113%
*113 Va
114
28 ft
27 ¥4
15 ft
28
16
15%
15 Va
24
*23%
•'H' 16
22%
23'ft
24 Va
24%
83 ¥a
84
137%
*113%
114
138
139
28 ¥a
27 ¥a
*113'ft
27%
27¥a
15 "a
16
>
24%
.
180
36
....
1,800
44%
*105
86 ¥♦
25%
138
139ft
114
*113 ft
28%
27 ft
126%
126¥4
*126%
11,6%
116%
*116
116 3/«
600
114
23%
*22%
1673/4
168%
166'a
166%
1273/4
*126%
127%
*126%
127%
*126 ft
116¥a
116%
116%
116 ft
23
*22%
>
23
500
165
165
3,100
17%
59 Va
58%
22
22%
17%
1793,4
179%
X178 V4
178 ft
198
200
X197
197
60
59%
29%
29'/a
161/a
16%
16%
6.000
58%
59%
2,800
24
24 Va
1,500
59
59 ft
59 ft
29
28%
28%
*178%
181
1,200
*197
198
90
*28 ¥8
58%
58%
59
59
28%
28%
29
29%
800
9%
10%
10%
113/a
10 ft
10¥a
52%
52%
52%
53 ft
53
53
52%
53
16
16
16
16
15%
16
15%
16
6%
6%
6%
s,
7%
6%
9%
6%
6%
10%
6%
9%
X53
15%
6%
10
9%
1.000
Eagle-Picker
Edison
Bros Stores
Elastic
Auto-Lite
61/2
3,800
Elec
7V4
42.600
6 Va
124%
125%
1,900
*116
118
116
116
*114
116
116
116 >4
*116'a
117
116
116 ft
800
47
47
47'/8
2,000
*38%
38¥4
24%
38
22%
106%
■
69
*67%
10G38
For
483a
38%
37%
24 ft
25
22 3a
46%
46%
24%
24 ¥a
241ft;
21%
22%
22
22 ft
69
67%
67%
106%
106%
*67%
*106
footnotes
see
1063a
page
2571.
47
47V2
7%
47%
7
4 6 Va
37%
37%
■
37%
39%
*38
24 ft
24%
24%
24 Va
24
21%
21%
21%
21%
22
67%
66%
67%
107%
106%
106 Va
*66
*106%
'*38
&■
Jan
2
22 V4 Jan
2
par
par
par
20
Jan
20%
Sep
Jan
49
Nov
27%
July
Jan
2
114% Jan
Apr
6
May
4
25
El
Natural
Radio
66%
66%
800
Endicott
Johnson
♦1061'2
107%
110
4ft
Electric
&
preferred..
Feb
201/4
Dec
Jun
14% Nov
128 Va
Dec
113% Jan
6
113Dec
120%
Jan
13
Jan
22
18% Jan
26
117
22
39% Jan
5
Mar
25
Jan
22
185
Jan
6
200
49
Jan
22
61
21% Jan
15
31
No
Phonograph
par
3
2
175
Jan
195
Sep
May
May
7
41
Jan
52
Dec
9
16% May
8 V4 Dec
24V2
Dec
15 %
Sep
37%
Jan
45%
Aug
Apr
15%
1
54% Jun
8
34% Mar
21
17% Apr 28
7 % May 11
7'/a Jun
2
May
Apr
50% Feb
40
May
4
22% Jan
5
20% Mar 27
25
62
70% Jan
50
loo
9
Mar 26
104 Ve Jan
3
29% Jan
107
Dec
Jan
12% Mar
44% May 22
Dec
178
3
9
Dec
25%
Feb
20
2
41
Jan
157
20
3% Jan
14 Va July
Apr
30
183% Apr
14
V>,5% Mar
Feb
6%
May 17
42% Jan
Jan
10%
33
4
62% May 18
174
8% May
Feb
17% Jun
•
par
No par
Mfg Co
Corp
Apr
Jun
3
Oas
Paso
8 ft
11%
Feb
129
Emerson
Aug
Jan
121
Emerson
113
137
3
1.400
Jan
1231/a
3
2.100
106%
129
Jan
6,900
Jan
17
172% May
Jan
39%
131
9
'7
109
22%
72% Nov
Apr
125% Jan
103
Battery
May
114%
par
No par
Storage
47
8
9
162%
No par
Electric
21% May
23
30% Apr 30
16% May
21
Dec
15ft
43%
89%Jun
$F
preferred
17% July
Dec
38Ta
105
Feb
110%
Mar
Feb
Jun
143
12
Jan
2
shares
Light
I3ft
x27%
Apr
26% Feb
Mar 26
20% Jan
Sep
95
4
155
42
38>A Mar
May
122% Jan
27
Oct
Dec
Jan
1
(The)
Am
Power &
65
Oct
351/2
Jun
24% May
$7 preferred
24%
%
18
,__3
Mus Ind
Electric
49
20
2
Inc
Boat
6%
Mar
4
Stop Nut Co
Electric
126%
7
29
47
100
preferred
Eaton Manufacturing Co
Electric
♦124V2
7%
17% Mar 26
par
i
:
cum
9.800
127
6%
par
Dec
41%
28%
Mar
10
6.200
124ft
7%
56
109
9% Mar
100
1st pfd
Co
4,800
125
7ft
22
25
Oct
Dec
29ft Jan
26% May
Jan
Jan
1
& Co
Airlines inc
10
*124 ft
2
38
105
No par
Stainless Steel Corp.
Eastman Kodak Co
No
6ft
16% Jan
par
—50c
.
(E I)
Duqueane Light Oft
16
126
46%
44 Va Jun
_No
54%
7
46%
4
h 52
3
No
Nemours
15%
125
65
38% Jan
No
53%
7%
21 ft
Feb
6
No
16
126%
Jan
—No par
53%
*126
Jan
33% Apr
40 ft Jan
Eastern
180%
5%
18%
par
Corp
preferred
Eastern
24
198
2
28
International
de
P
59
"
6%
Du
16%
180
15% Jun
7% Mar 29
46% Feb
No
Duplan Corp
23%
*196
37%
23
No
$4 preferred series A
Industries
58%
198
22% July
Jan
5
Co
Dresser
17%
180 ¥8
Jan
17%
.100
Dome Mines Ltd
24
178%
17%
8
19
Jan
No
Douglas Aircraft
59 Va
♦196
19
2
Ltd
Dow Chemical Co
16%
198
26% Feb
56% Jun
25
A
Dunhlll
Oct
34% Jan
36
preferred
Doehler-Jarvls
24
59
29%
8%
Cup
/Class
23%
22% Mar 27
par
preferred
58%
178%
Oct
Jun
36%
24
No
Corp-Seagr's
24
¥
41 Va
45%
Apr
9
Jan
35% Jan
No
Match
partlc
58%
178%
59%
*
29 %
6%
17 ft
*196
*59%
Raynolds A
Diamond
116%
♦23
Jan
36% Apr
32 Ve
Jan
39% Mar 29
Devoe &
17 ft
59
22 Va
21%
33
6ft
7
58%
17 ft
e
*21%
48
May 5
47% May
5
38% Mar 26
par
2
$4.50
290
Apr
Jun
116%
116 ¥a
113%
23% Feb
127%
'
Dec
72
100
/
3,400
15%
*22 3ft
116 ft
10,100
15V» ;■■■ is ft
153/4
16 ft
23 ft
>
16,300
6,800
*126 V8
1263ft
253ft
139'ft
28 ft
1683ft
.
3.400
89 ft
86
"
23
109 Va
2
Dixie
223ft
16
Jan
31
5ft
23
Oct
112% Feb
110
Jan
Distil
340
16%
10
50
Diamond T Motor Car Co
7,000
Jun
Jan
100
28 ft
13 %
5
21
2,000
,47%
8
67
2,000
47 ft
19 Va Mar
19% Feb
20
243/a
28 '/a
24 ¥4
Western
&
Edison
53
48%
25% May 29
8
Detroit Hillsdale & S W RR Co__100
600
28
19% Jun
12
100
108
24 %
52%
52%
105
223ft
168
168%
17
83
27 Va
x48
Delaware Lack
43
12
10
Hudson
Detroit
*42'ft
168%
233ft
23%
16,7
168
'/a
24'ft
24%
81%
1383/4
28 ft
105
29
48%
23
:
52%
53
108
27%
113%
28
53
*105
53 ft
108
48
81%
*113 Va
25
25
53 ft
*105
140
138 3/a
59 3
25
533ft
108
27
>
24%
81
24¥a
53 ft
533/4
108
*43
.
<te
17,500
70
13% Nov
Jan
20
Delsel-Wemmer-Gllbert
Delaware
ft
16% Jan
100
...1
No
Co—
71,800
76
44%
36
44%
&
12
23% Jan
1
(The)
Preferred
15 ft
*71%
.
Deere
19,900
36
43 ft
443/8
//
23
76
*72'ft
Corp
Decca Records Inc
23 ft
143/g
23 ft
*71 ft
75
200
25
8
25
Chemical
56 ft
55
14 ¥a
23
23'ft
*23 Va
24%
53'ft
45
*105
*
23
ft.,:
36%
*43
*
22
53
22 ¥a
15
22 Va
72
4434
143/a
*70%
15%
22%
50%
14 V8
•
Stores Corp
preferred
Dayton Pow & Lt 4%ft pfd
90O
*37%
72
111%
20
112
42
38 ft
22%
113%
*112
*37%
14%
*112
44
*43'ft
50 3/8
113%
173/4
45'ft
44%
45
18
113%
443ft
*43 ft
•
27
17 ¥4
18
*112
45'ft
45 ft
44 Va
45
*26'ft
26 Va
Mar
Feb
•.
10
3%
Jan
3% Nov
Dec
6% Oct
5% July
Apr
114
Dec
25
78
Apr
103%
Dec
16
39ft
Apr
7
27%
Feb
34% Nov
15
Sep
22%
Dec
20
57%
Jan
68%
Dec
26
101%
Jan
108 Va
Jun
4
18
811/2
47% July
6
161
Volume
Number 4393
THE COMMERCIAL & FINANCIAL
CHRONICLE
NEW YORK STOCK
LOW AND HIGH SALE
Saturday
Monday
June 2
Tuesday
j
June 4
per share
$
$
$
per
25%
25%
25%
25
103%
103%
10334
104
24%
•103
25%
S
26%
*1031
107
*105
1c7%
*105%
108
106
106
•106
108
*106
108
*106
108
*106
108
VA
/
1%
1%
1 %
1 %
1%
1%
18
18%
17%
17%
17%
17%
17%
17%
80%
80%
80'%
80 Va
80 Va
80%
92
•89
14%
18%
*89
14%
14%
18%
*89
14%
94
14%
*89
14%
18%
18%
18 3 4
18 Va
53
52 3
53
6%
6%
4
*6%
180
30
108
100
YORK
"V.
•
,.
Engineers
$5
$6
Erie
80
80%
1,800
RK
5%
Erie
14%
14%
No par
Office
14%
10.300
18%
18'4
18%
2,100
Evans
52 Va
52%
1,900
*6%
7
*6%
7
100
Vacuum
100% Jan
5
105
Jun
5
102
5
106
Jun
6
1
107
.
Apr
Jan
14
Dec
68% Jan
19
83
Apr
24
46%
Jan
70
Dec
86
27
89
Jun
7
78 Va
Feb
84% Aug
13% Oct
Cleaner
5
Co
11 Va Jan
2.50
...
6
55%
551%
55 %
55
55
55
55
32%
31%
32%
32 Va
32%
15
32%
33%
14%
10,100
14%
Fajardo Sug Co of Pr Rtco
22
22
y4
22%
14%
22%
15%
22%
14%
22%
22
15%
14,200
Farnsworth Televis'n & Rad Corp.l
106
106
22 %
2,800
Federal
15
17
No par
104
•36%
29%
•11%
37%
•104%
37
36%
36%
36%
36%
36%
*29%
29%
30%
*29%
30
*29 "a
29 Va
113
12
11%
12
11%
12
37%
37%
38%
37'
37 3
105%
104%
104%
12
11%
12
37%
37%
37%
37 %
36%
10;,%
27%
27%
27%
27%
27 %
57 %
57%
58
107
61 %
61
61%
107%
*107%
49%
50%
61%
108%
108
49%
30%
107%
47%
...
*46%
38%
39%
•38
30%
*106%
30%
61 %
61%
108
108%
38%
7%
•61%
63 %
•20%
20%
*20%
20%
38%
8%
62%
8
8a
63
47
40
108 %
109
1,500
8,900
Follansbee
8%
200
5%
20%
600
Food
900
Food
Machinery
80 %
80 Va
78 %
80
*78 %
39%
40
38 %
39
38%
39 Va
38%
39 %
4,700
•25%
26%
26
26
26%
26%
*26%
26%
60
16%
16%
17%
12,400
•141
17%
16%
144
•39%
40%
*39%
40%
*39%
53%
53%
52%
52%
51%
122%
123%
140
40%
40
52
52%
Jan
10% Aug
28% Jan
23
38
22%
Jan
32
Dec
108
Dec
par
17%
80
*137
141
80
17
143
*39%
40 %
*78%
*137
40
143
39%
80
39''a
400
51%
1,000
conv
Foster-Wheeler
6%
103
22
107% Apr
18
93
Jan
23% Mar 27
28% Apr
19
17
Jan
50
60
May
4
45
Jan
64
Jan
Jan
2
53% Mar 26
May 14
38%
Feb
26
110% Mar
3
103%
Apr
109
Jun
2
51% Jun
7
35%
Jan
44
Aug
par
23% Jan
16
par
No par
107 Va May 14
41
Jan
4
30% Feb
2
1
122
•
122
122%
122
51%
51%
122 Va
52'%
122
122%
51%
121
121
580
47% Jan
Jun
42'/4
Dec
24%
5
8% Jun
64% May
13
26 V4
Jan
Dec
33%
Dec
•
5% May
43 Va Aug
5
58% Mar
8% July
21% Apr
25
11% May
16
Nov
10
62 % Apr
9
80Va Jun
5
53%
Jan
69
Deo
25
Jan
24
40% Jun
4
16
Jan
29
Dec
25
25
Jan
4
26% Jun
7
20
Jnn
25%
Dec
No par
14
Apr
10
18% Jun
8
13%
Jan
17%
pfd—100
118
9
70
Jan
10
F'k'n Simon & Co Inc 7%
Freeport Sulphur
34
7
30%
Jan
Co
Fruehauf
Co
Trailer
18% May
Dec
34%
6
48% May 16
40% Jun
6
24
15% Jan
8
57 %
10
Corp.—
Corp
Francisco Sugar Co
4Va %
33% May
108% Jun
6% Mar 20
Mar
9
Jan
5
'
122
27% Aug
53% Nov
42 % Jan
preferred
prior
May 29
105% Apr
Fair Stores Inc
26
16%
5
100
62 %
20
78%
*141
9
preferrtd.
62 %
40%
16%
13% May
10
63
78
145
22
Corp
20%
26
16
Steel
20
38%
•141
Dec
9% Jan
par
No
63
26%
16%
24
No par
Co
20%
38%
143
preferred
64
78
•16
Nov
Apr
No
Florsheim Shoe class A
8%
8%
Aug
27%
17
No
40%
40%
8%
105
Apr
7
10
(The)
*39
40 V,
J8%
26%
Co
100
Stove
Jan
19%
May
100
170
$4
100
7
32
1
Stores..
47%
Florence
May 10
38% Mar
100
preferred
Flintkote
109
2
5
Fire Ins N Y___.
National
28
23 % Jan
__
1087a
77%
.
Corp
*46%
8%
63
preferred
*108 %
40%
*20%
4 Va %
Mar
25% Jan
Firestone Tire & Rubber——25
First
5
2
Dept Stores
47:%
8%
20%
Dec
Jan
Dec
...5
*46%
40%
8"! a
63
*20%
*
47
17%
2,200
6,600
108'%
48
Jan
61 %
30%
107 Va
14%
Fidel Phen
30
107%
22% May 31
1.000
30
*46%
Jan
57%
30
47%
Dec
14%
Ferro
900
107%
47%
70
1.200
30%
44%
Jan
Jan
1.200
51
29%
Jan
9%
27%
108
30%
33%
21%
2
105 V2
50%
Dec
7
No
*107%
6%
8
No par
51%
Jan
May
Federated
61%
108
Dec
2%
16% Feb
Federal Motor Truck
51%
Dec
47 Va
5
7% May
57
*57 %
61%
107%
2
33% Mar
4,500
51 %
30 Va
62%
7%
51
Jan
2
3,600
51
•
17%
Jan
4
12
conv
Apr
42% Jan
37%
Enamel
Apr
9%
21%
12% Mar 26
Mln <fe Smelt Co
Federal-Mogul Corp
4%%
6%
1
28
25 V8 Jan
Traction
$6 preferred
Federal
19
Dec
20
27%
58
61%
50%
&
24
Dec
1%
par
105%
27%
58
107
Light
No
11 %
58
*104%
Morse & Co
27 %
4
58
61 %
•46%
200
27%
58
*106
1,000
29 %
X27%
57%
30%
36%
29 V4
105 Va
28
50%
a
36%
29 %
*29%
105 %
57%
61%
36%
•104%
105%
27%
107
4
100
15% Feb
19% May
57% Apr
14%
106
2
15% Jan 24
42% Jan
31%
22%
Jan
3
55%
*105%
May 21
5
„
15%
22 %
107
Dec
Jan
54%
106
Nov
%
32
22
Dec
105
97/a
14%
106
104
Jan
92%
31%
22%
Jan
2
54%
106
87
89
17 Va
7
15 %
"105 %
•
20
31%
106
Highest
I per share
Jan
Jun
55%
106
8%
2% Jan
15%
106
6
18% Jun
1
55%
*105%
Feb
26'aJun
12
50
Corp
Exchange Buffet Corp
Fairbanks
Jan
1941
per share
4
31
1,900
share
12% Jan
RR Co
Products
per
Jan
par
No
Ex-Cell-O
Eureka
$
par
No
pref series A
53
104
■„
Lowest
.100
Bldg
common
& Pitts
*
18%
No par
No par
preferred
{Equitable
16
Year
Highest
t per share
1
preferred
18,500
Par
8ervlce
preferred
$5 Va
40,700
20
R»ntfe since January 1
Lowest
-.
Public
1%
93
'
.
17%
*89
Range for Previous
STOCK
EXCHANGE
1 %
89
X53
7
NEW
17%
80%
14%
18%
53
7
*107
1%
17%
89
14%
53'%
*6%
105%
80%
94
14%
36,800
104
105 V 2
107
1%
17%
80%
18%
7
•6%
95
53
:53%
53
;
104
106
107
Shares
26
1C4
*105%
80%
25%
for
the Week
$ per share
26
104
Sales
June 8
per share
25%
105
•105
1%
PrldaT
June 7
S per share
25 %
105
STOCKS
Thursday
June 6
snare
RECORD
PRICES
Wednesday
June 5
per share
2565
1
preferred
100
42% Mar 26
113
Jan
17
146
May
41% May
53":, Jun
2
123% Jun
4
29%
103
135
Sep
Dec
36% July
Jan
44%
Apr
Dec
116
Sep
7
July
G
7%
7%
7%
6y8
6
17%
•70%
7%
7%
.7%
7%
7%
7%
6 Va
6
5%
6 Va
5%
*17%
17%
17%
15
15
15
19
*19
15
15
*14%
15%
14%
19
*18%
19
-18%
71
*68
71
*68
71
6
*68
*18%
71
*68
*
•63
8%
9
8%
29
*28%
29
28%
28%
*28%
64
64
*64
64 %
64
64
*62%
64
Gabriel
Galr
Co
600
Gamewell
500
Gardner-Denver
71
8%
10,700
900
28%
70
64
*62%
Co
1
20
(The)
Ao
par
No par
Co
preferred
20
Industries
Wood
Gar
Inc
9
50
.
preferred
conv
9'/a Feb
27
Feb
20
2%
Jan
18% Feb
20
12%
Jan
18% Jnn
12
16%
Dec
18%
Dec
20% Apr
19
15%
Sep
18 V#
Jun
May 16
9% May 19
62%
Oct
66
Nov
2
2
16
Jan
6
14% Apr
16% Mar
6
9
66% Feb
16
7'/a Jan
7
2
1
Gaylord Container Corp
5%%
6V2 Jan
4% Jan
No par
preferred
$3
9
27%
6%
(The) cl A
(Robert)
Inc
Co
1,200
19 %
*68
28%
9
11,100
15%
19%
9
9
28%
9
5.400
6
17%
*15
71
8%
8%
28%
8
5%
17%
19%
64%
8%
28%
7%
17%
17%
19
17%
17%
17%
>15%
•15
•18%
7%
6%
6
17%
23
58
76
2
Jan
2%
31
Apr
Jan
2
64'/a May
27
15% Jun
100
5
9
104% Apr
18
107% Jun
55% Mar
10% Mar
58%
Dec
10%
1
Dec
Jan
Feb
16%
Dec
41%
19
Dec
23%
Apr
54%
5
Jan 31
7%
Feb
51
5
Jan
~
15%
*107%
15%
*9%
*174
53%
15%
107%
*107%
53%
53%
53
9%
21%
21%
22 Va
*174
21%
9%
175%
21%
21%
8 Va
8%
7%
28%
29%
28%
133%
30%
133
30%
6,200
109
300
53%
x53%
4,000
9%
9%
9%
4,600
175%
175%
175 Va
90
237 k
24%
9%
*175
23 %
23
15%
*107%
54%
24
9,300
30%
130
132
131
30 Va
30 Va
30%
7%
8
28%
131%
30%
7%
8
28'%
28%
129%
130
*169
3,600
860
130
129%
30
30%
30
10,100
8
28%
28 Va
30%
1,500
*169
171%
171%
100
44
44%
44
44%
44
44%
43%
44%
43%
44
43 Va
43 %
23,000
47%.
48
47%
48 %
48%
48%
48%
48%
48
48%
47%
48
4%
4%
4 y8
4'A
4 Va
4%
4%
4Va
171
172
172
*169
*169
171%
171%
*169
4%
145
129%
145
*130
129%
129%
*142
146
*142
138
145
140
*140%
*128%
*131%
135
*131
129%
*130
130%
68%
69 %
68%
69
127%
127%
126%
127
15%
28
28
11
11
15 %
130 %
67%
69
126%
127%
61%
*60
15%
15%
16
.
2%
34%
34%
34%
34%
35%
34%
34%
34%
35
34%
111
*108 %
2.9 %
29%
25
*23%
109
32%
34%
34%
*108'%
111
29%
29 la
29
109
109
109
110
*109
4
4 'a
4
16%
16 Va
97%
27%
27'/;,
27%
27%
27%
60%
55
*108%
19%
6%
4%
*97%
99
*97%
99
31%
31%
31%
31%
54%
*52%
54 %
*52%
4%
29%
109%
60%
303%
*109%
19%
20
5
18
%
>43%
44%
23%
23%
4%
19%
19%
6 %
6
5
%
25
2,900
General
23%
23%
1,500
General "Shoe
34
111
29%
*107%
14.600
400
*98
98%
*4'/a
4 Va
153
4 %
153
*4Va
59%
59
59 %
59
59
104%
*103
104%
103
103
*109%
20
5 4%
54%
24%
.
6%
6%
5
5
5
*24
var
10
Jan
16
22%
*22
16%
16%;
16%
51
51 %
51%
x31
31%
32%
32
5,100
172%
174
130
16%
16%
16%
50%
51%
31 %
32
174%
174%
174'%
174%
61%
27 %
27%
27 %
27%
107%
*106%
107%
60%
107%
38%
39%
7%
6%
7 Va
55
55
54%
55
27
x26%
*105%
6%
77
60%
27%
7 %
75
60 %
39%
*7
76
60
107%
38%
75
60
26%
36%
26%
79
37%
36%
206
174
*72
*106'%
34%
...
xl74
79
107%
35%
24 %
174
27%
27
*1C6 %
35
205
174
*72
7
7%
6%
67a
r
22%
1.200
16%
3,100
53 %
14,900
60%
26%
*105'/a
60%
27
1,200
13,000
6%
40.200
7%
6,100
206
90
206%
*205%
206%
*205%
206%
206
26%
25%
26 Va
25%
26%
26
25%
78%
78%
78 %
79
79
77
78
55%
*54%
55
54
39
*37%
3D
200
28 %
29
1,700
20%
1,400
106 V,
>
55
55%
54%
%
26%
63.000
79%
%
2.700
54 %
5.400
Dec
31 %
Dec
19%
Feb
26%
"l>c
5
par
28% Jan
106% Apr 27
26
Jan
107% Apr
13% Mar 27
90
Mar 9
21
Jan 23
97%. Mar 28
25% Jan
2
Oil
109 % May 16
17% Jan
98% Jun
29.
15
8
Apr
29
100% May
•
7%
Jan
16%
Dec
69
Jan
90 %
Dec
11 Va
Jan
22%
Dec
Jun
25%
Dec
Apr
52
Aug
2
32
May 10
I8V4
57
May 16
45
4 V: Feb
165% Jan
30
Feb
19
12
2%
Jan
85 %
Jan
40
Feb
54%
Jun
Jan
104 Va
Nov
4 Va
175
May
Dec
15
10
62% Apr
20
26
105% Mar
6
x57% Feb
15
36%
Feb
51%
Dec
19
26
2
112 Va Mar
8
104 %
Jan
112%
Jun
May 23
8Va
Jan
17%
2
18% Jan
3
14% Jan 23
36% Jan 22
21
19
98
Jan
15
1V»
Jnn
7
5% Jan
11
3%
Jan
5%
8
24% May 17
15V4 May
19%
Oct
Aug
July
Dec
19% Jun
5
9%
Feb
10
Jun
8
32%
Jan
42%
Dec
45
July
7
24 V-VJan
10
23%
Jun
25 Va
Mar
2
17% Mar
1
14 Va
Dec
17%
Nov
46% Jan
24
55% Apr
24
25%
Jan
'49%
Jun
5
24%
Jan
30
Dec
May 25
143%
Feb
163
Nov
May
67
Feo
Dec
100
28% Jan
2
161% Mar 16
64
52%
23%
104%
28%
5 %
167
14%
58
32
175
57
Dec
Feb
2
25
63% Apr
24
43%
Feb
55%
19 Vi,
Feb
24% July
Jan
Jan
Mar
Jan
Mar
2
12
24
26
26
27
28% May 28
Jan
23
Jan 20
Jan
Jan
25
49% Jan
20
10
Corp
1
8
111
14% Jan
No par
No par
preferred
4
2
10
3 2
32 %, Feb
Dec
22% Jun
-_1
Gulf Mobile & Ohio RR
2
27
Mar
25% July
Nov
20
pfd._No par
No par
Co Inc..
23
27
par
preferred.....
100
Aircraft Corp.——.—1
Guantanamo Sugar...—.—No par
;
8% preferred..
...
100
Gulf
Oct
27
Grevhound Corp (The)—.—No par
*5
Nov
4%
110%
Grumman
60
*2C5
Dec
124
Nov
Sep
4% %
107%
40%
39
31'/a
Apr
Jan
100
L)
3 V4
112
Jan
.
Bay <fe West RR.
(H
14
19
Ore Prop—No
Western Sugar
Green
26
74 %
-—No par
10
Preferred
Green
79
*72
Jun
22%
-No par
.
Co
Great Northern Rv 6%
Great
Apr
Mar
5% Feb
34% May 29
35 Va May 22
19"
——10
No par
(B F)
Iron
Nor
19%
37
127
6
Aug
Nov
2% July
Apr
111 % May 26
No
preferred
5%
11 %
107%
IV4
Mar 26
convertible
Great
17
Oct
25% Mar 29
No par
No par
No par
Telegraph Co
fW T)
Apr
3 Vb
Jan
106
<j<j
20
par
preferred
Grant
14
Apr
6%
19
Feb
19%
Goodyear Tire & Rubh
$5
18%
6
11% Feb
Apr
No par
No par
preferred.—No par
Gotham Hosiery
No par
Graham-Paige Motors
1
Granbv Consol M S & P
5
$5
30% Mar
108
Jan
-
Goodall-Sanford Inc
Co
13% July
23% Jun
14%
3% Jan
151
May
25% Feb
53'% Jan
102
Apr
49% Mar
107% May
12% Mar
5% Jnn
4% Jan
Goodrich
Jnn
19%
52% Jail
Stork
Nov
4%
24 % Feb
1
3/
Oct
56 %
26% May 21
50
Gold
130 Va
Jan
23
Co
(The)
conv
Feb
Jan
36%
Mar
24
preferred
4% tfr
3
28% Jan 24
123
Feb 10
3% Jan
3
JGoebel Brewing CO—
Co
,
1
1% Jan
51%
125%
70% May
Jun
—.—-..No par
preferred
Co
22% Jan
2
9% Mar 27
106 % Feb >■ 7
7
6
61% May 25
xl6% May 28
130
Jan
100
,
Steel—
.22 7 a
32
Safety Razor
preferred
Gliduen
3
19
...
Glmbel Brothers
$4.50
May
21
100
conv
Granite City
23 %
52
$5
Grand'Union
23
16%
24%
July
11
pfd
cum
400
43%
31%
206
66
Jan
_1
Rubber
&
Tire
2.600
18
45
51%
preferred
10.000
18%
44%
52%
Corp
19
24%
18%
44
16%
24
22
125
53
1
45
24%
19%
44
•
79
25
2,900
18%
43 Va
174 %
53,200
6%
24%
400
3,100
%
4 %
2.500
20%
20%
6
90
20%
109 %
20%
6%
1,200
4.700
200
109 %
5
300
6,400
20%
5
4,600
•
55%
*108%
:J
100
109%
55 VV
55%
109%
6%
24
153
29%
5
24
4%
Va
152
28%
6%
43%
4
4 V,
29%
54%
20
24
53
29
*103
109 %
44
*106%
31%
152
152
4%
60 %
31%
*52%
29%
6%
*72
98
'58%
19 %
79
98
3,400
27%
29%
54 34
24%
61
26%
53
19
61
27
98%
26 %
27
31%
24%
*72
Gillette
16%
31%
*203%
Jan
par
Corp
Telephone
4%%
987 a
53
19%
79%
70
16%
31%
24 %
16%.
3,000
98
52
61%
62
par
No par
Refractories
General
29%
108%
16%
31%
*70
Dec
Nov
Time Instrument Corp.. No
29%
98%
52%
*174
120
134%
General
16%
31%
16%
Jan
Mar
Gen Steel Cast $6 preferred—No par
*107 %
29%
109
Sep
102
128
No par
160
10c
Realty & Utilities.
4 % %
140
7
6
500
111
Sep
Jun
1,240
108 %
3% Aug
Mar
3,300
*97%
52%
16%
*
Dec
43% July
132
32%
Gen
115
,f
Feb
134
34 %
110
4
Jun
145
2V4
17
6
34 Va
33
Apr
4
32%
109%
109%
*33%
29%
109
4
*108 %
34%
111
31%
-
32 3
31%
18%
*23%
108%
52%
24 %
44
247k
24
52%
1041/4
*108%
25
31 %
60
109%
25
33 Va
4 %
Dec
40%
Jan
10c
...
23 %
109%
Nov
Apr
No par
Railway Signal
preferred
6
24
53
59%
Gen
25%
31%
29%
*103
Gen
6,900
16%
*98
99
29%
2,800
4 'a
4
98 Va
27
155
*153
54%
55
5
6%
24
29%
103%
54%
55
18
4%
155 %
29%
60%
61
103%
*24
4%
*153
154
34%
X33%
"4
%
155
Feb
40
5
113
Service
Public
4
"4
16%
98
27%
Gen
*97%
16%
98%
16
$4,50 series A preferred
5,900
3
*130
*130
*130
*130
*27
27
Feb
35
48% Jun
129
Equip Corp—No par
1
2%
%
103%
Precision
2%
*97%
4 %
Common
2%
26%
27%
4
140
44% May 29
Dec
Dec
29% July
No
A
2%
16%
29%
1,600
134% Jan
May 31
124
No
,
Adv
Outdoor
2%
98%
154
15%
15%
15%
172
2
Dec
7% July
No
preferred
$5
Gen
108%
*108%
29%
19%
22%
100
10
General Motors Corp
2%
16%
31
1,800
2%
*97%
*97%
21.000
61 Va
108 Va
33 Va
110
Apr
30% Jun
Nov
No par
preferred
2%
108%
*52%
68%
128%
5%
Gen
32%
*29%
68%
*60
preferred series A.No par
$6 conv
General Mills
General Printing Ink
107%
*103
240
*127 %
61%
.15%'
16
40
200
68 %
128
*60
61%
131%
128 %
68'a
68%
128
148
140
131%
*142
*133
130 Va
Xl30%
60
23%
35%
Jan
25 >/4
134
2
1,600
27
25%
111
81%
22
27% Mar 20
3% Jan
4,800
33
May 31
114% Jan
Gen Gas & Electric A
11 %
109%
Jan
4
27%
23%
Jan
11%
Oct
9% July
161
Jan
4%
2
1
108 '/a
32%
6%
1
24
11%
108%
8
30% Jun
Feb
*107%
24
24% Jun
37% Jan
11%
23%
33%
Jan
Feb
8% June
40
108'/a
111
7%
143
22
156% Jan
11%
23%
175% May 23
Mar 21
Jan 22
No par
Corp
108%
25%
*108%
148
132
132
134
100
6
19
No par
No par
Foods
11%
~4%
*35
*142
148
130%
preferred
107%
109%
2
General
11%
23%
2
General Electric Co
107%
25%
%
8% Jan
160% Jan
17% Jan
6,600
4 '/a
.
No par
Cigar Inc
11%
x25 %
*32%
,
7%
par
100
preferred
cum
27%
4
4
4Va
7%
General
11%
4
25%
9
49
No par
No
27%
*130
•
par
Bronze Corp
34%
35
No
General Cable Corp
Class A
#106 V2
*130
25%
General
11%
,
2%
35
27%
11%
preferred
Transportation
General Baking
$8 preferred
Amer
'>• *106 %
*106% 1 109
2%
15%
27%
15%,
68%
126%
*60
62
*60
62
*60
%
$4.50
Gen
5,100
"
4 %
Investors
"
8%
29%
8
109
54 %
9%
175%
15%
15%
*107%
54%
9%
29%
8%
30%
15%
15%
109
175%
9%
9%
175%
132%
8%
30
15%
107 Va
53
175%
10
29%
*132
15%
107 %
52%
175%
21%
15%
107%
15%
109
53%
Amer
Gen
Dec
4%
7
12% Jan
5% July
17%
13 V4
27
1
Jan
33
G
71
108% Mar
13
40% Jun
8
7% May 26
206
May 31
26% Jun
5
79% Jun
8
105%
11
3%
123
6V4
Dec
105%
Apr
32%
pec
Apr
6%
Aug
189%
Dec
Jan
Jan
Dec
16% May
Dec
33
Jan
62%
57% Mar 16
42',4
Sep
50%
38% Jun
6
27
Jun
8
Dec
H
*37
*25%
20%
38'/a
26%
20%
*37
26%
20%
38%
27
20%
*37%
26 %
20%
38 %
38
26 Va
x27
20%
:'106
106%
*106
106%
*106
106%
'107'/2
10R
•in1?'/,
10R
*107 %
108
22
22
21%
22
"152
22 V,
22','4
38 %
20%
20%
106 %
106 %
*107%
22
*37%
27 %
27
*
19%
W
20V
*106%
106 '
108
*107%
108
22
21%
22
*20
106 %
*107 %
21%
108
Hackensack
Water
Printing Co
Hamilton Watch Co
Hall
preferred
Hanna
_
—No par
...
(M A) Co $4.25
Harbison-WalK
Refrac
—
-100
pfd__No par
No par
Jan
2
20% Jan
2
29
2
22
-15% Jan
105% May 18
Feb 28
107
18% Jan
2
" Mar 19
33%
Apr
15V* Mar
11%
Apr
•
Dec
22 %
Dec
16% July
110% Jan
12
106
Apr
111
110% Jan
12
102
Jnn
109
Dec
22% Mar
6
Apr
21
July
Jan
152
Dec
15%
138
July
THE COMMERCIAL
2566
Monday, June 11, l94s
CHRONICLE
& FINANCIAL
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
LOW
Monday
Saturday
36
36%
35%
10
10
10
7%
24 %
*78%
80
*78Va
80
*78
*7;
*177
*177
24%
24%
24%
24%
112
112%
112
.•••
110
"V
11%
24%
109%
12%
••
12%
16,300
8%
8%
61,300
114%
410
25%
1,900
12%
25
24%
80
29%
29 %
29%
28%
29%
29
90
90
90
90
90
90
90%
91
90%
••,-; 90%
90%
90%
1,700
131%
110
24%
*29%
t.
24%
24%
48
♦47%
49
*47%
18
48
*17'/a
*17%!
18%
*17%
25%
25%
25%
25%
25%
'117
116%
116%
*131 Va
132
132
132%
*131%
80%
*78%
80%
*78%
80%
126%
126%
127%
127%
127
•
117
25%
*24%
47%
*46%
18%
*18
25%
25%
117
117
116%
25%
*116%
117
Holland Furnace
100
Hollander & Sons
25%
2,200
117
51
5,500
116%
50 'A
50 %
50'A
50%
50 %
50%
49%
50%
50%
51%
50%
47%
*46%
47%
47%
47%
*45%
47%
*457/e
47%
*46%
47%
100
*46%
22%
22
22%
4,000
27
1,100
Household
26
26
*25%
22%
22%
22%
22%
22 Vs
26
26%
26 %
26%
26%
26%
108
25%
26
22%
107%
107%
107%
108%
108 %
107%
107%
108
107%
108 %
77%
108%
76%
77%
*76
77%
76%
76%
77
77
77
'
16%
17
17%
17
17%
16%
17
16 %
17%
41%
41%
41%
40%
40%
41%
40%
4%
4%
4%
4%
4%
40
41
a
4%
4%
4%
16%
17
29%
16%
29%
*16%
29%
16
29 7 «
„
29%
29%
29%
4%
!
16%
*16%
30
30
4%
28%
28%
28%
28%
28%
28 %
31%
30%
4%
4%
4%
4%
4%
4%
4%
4%
4%
4%
Hudson
•
36
35%
35%
35
35%
35'A
35
35
34%
34%
37%
36%
37%
36'A
36%
36 >A
37%
37%
38%
35,700
72
69
70
69 %
69Va
68 %
69
68 'A
*70%
*86%
*86 %
34%
87
*86'A
87
34
*33%
34
87
87
33%
33%
33%
24%
24%
24%
24%
24%
24%
241/4
24%
24%
49
*
24%
49 Va
47%
48'A
47%
47%
47
471/2
47
106%
05 %
*105%
106%
119%
90
13'A
13%
13%
13 'A
13%
9V4
9 %
9%
*44»/2
45%
44
*
v
108%
108%
108%
108
10
193%
193
4%
22%
82 %
82%
6 'A
6 Va
138 Va
29 Va
184 %
4%
4%
184
22%
22%
22%
83
83
83
6 Va
6%
34%
34%
28%
29%
/
22%
22 Va
22 3
82%
6%
6%
6%
34V4
35%
34%
35Va
*136
138%
*136
28%
29
28
28%
96%
x97
97'A
28%
28%
97%
99%
96%
97
15%
14%
15%
14%
15
14%
14%
14%
14%
88%
89%
"89%
89%
89
89 %
88%
89'A
15
46
*44'/a
46 Va
*44%
46 '/2
46%
*44 Va
46 V2
0
42
*42%
139%
35
1
99
42
42 'A
42
■
133'/a
*128
'
*129
42
*129
145
145
139%
*139V4
29%
28 %
29 Va
28%
29
28%
29
28%
29
28%
29%
25'A
25%
*25
25%
25%
38%
*37
38%
*37
37%
29
"37
25%
*148
fit 8
*148
—
24%
25 Va
*2.4%
24%
24%
25
*24 Va
25
24%
371/4
37
37
39 Va
115%
114'/4
'12%
37%
*148
,,
37
*148
—
39
39
*112%
'122%
122%
122%
123
37%
37 Va
*37%
38
38
110%
*109%
110%
*120
*7 %
*109'/a
110%
122
38 %
110
110%
110
110
*120
33 %
.
32%
34%
33%
34%
33
34Vfl
33 %
92 Va
91
91
91
91 %
90%
;
33%
33%
91%
90%
*
'1
28
25% Jan
72% Jan
24
87
May
46
Jan
77%
Dec
35
8
Jan
22
Dec
15%
Apr
20%
90 Va
par
24,400
33%
91
105'A
105 %
105%
105%
105%
28V4
28 %
27%
27%
27%
27 Va
27%
27%
27
27%
*26'A
26%
26'A
26'A
26%
26%
25%
25%
26
26
*118
124
1,400
par
No
par
26
173
Jan
2
94
7
1
8
8% Jan
3
173% Jan
19
4
25
2% Jan
8
6
50% Apr
109
27
22% Mar
8%
28% July
Feb
161/2 Aug
1% 'Jan
6
Aug
j
Feb
32%
10%
Jan
23%
24
56
35% July
100
Dec
Jan
88%
158
106%
111%
Nov
Mar
165
Sep
Feb
71%
X87
Aug
9% May
7%
Jan
29%
12% July
8% Oct
Apr
104
40% July
105%
Nov
11
6
6%
Jan
8% July
Jun
4
6%
Jan
10% July
195 Va May 19
154%
188
Feb
Nov
7
67%
Apr
82%
Dec
Apr
27
165 Va
Jan
180'A
Dec
5 :>- Feb
21
90% May
187
-
1% Jan
1. 3 % Aug
Jan
18%
75% J an
2
;
Jan
80
5% Jan
2
'7% Feb ' 1
4'A
Jan
No par
28% Jan
24
25%
Feb
23
36% May. 8
140V4 May 22
130
30% May 29
8
99% Jun
13 ya
Feb
66
Feb
—15
100
No par
-.100
:
Salt
No
par
__No par
Silver——
50
100
24% May
84% Mar
19% Jan 26
84% Jan
26
39 V Feb
92
15
2
Jan
2
13.7% Ap„
19
Jun
32'A July
Apr.
136
Jan
Oct
21%
i
Dec
94
.
Dec
\
12 Va
Jun
8
7%
68%
Jan
391/2
Jan
35 %
J an
43
Sep
56% Jan
; Feb
93
Dec
135
Oct
20
Dec
15% Jun
139% Jun
5
Feb
Jun
Dec
6Va
89% May 31
Mar 27
42% Jan
15'/a
65
47V4 May
5
42% May 31
134% Jun .1
9% Mar 26
79
7
5
92
/-
117
Jun
47
Aug
No par
18% Jan
2
31% May
\
11%
Jan
18% Jan
,2
31 Va May
7
11%
Jan
15
Apr
20'A July
15
Jan
20'/a
29
Jan
45
July
Jan
144
Dec
Dept Stores
No
par
__No
par
1
1
17% Jan
2
19% Jan
24
25% May 18
26% Apr 24
9
41% Jan
36% Mar 27
Jan
145
12
150
May 16
138'A
-
20'A Aug
Dec
J
No par
Jan
23
101
Jan
2
12 Va
31
Jan
2nd preferred ser A
100
Si
Chicago RR stamped
100
Jone-s Ss Laughlin SteeL—
No par
V
109% May 31'
Jan
10
27% Jan
100
91% Jan
2
l
Mfg Co
79
100
conv.
39
19% Jan
Jun
112% Apr
24
90
6
114% May 31
1
123% Jun
25
'
pref series A
pref series B
41 % Mar
22
111
No par
±
Johnson
&
34% Jan
100
Johns Manville Corp
5%
129
2
—No par
preferred—,
Johnson
1 Jan
Dec
Apr
11
23
17
Oct
Jun
5
&
Jewel Tea Co Inc„
5%
Dec
42% July
100
1
Min
Mining Corp
preferred
4%
NOV
-Dec
8 Va Feb
74% Mar 21
178% Jan
May
9% May 25
6
•37% Jan 25
104% Jan
7
May 12
14% Mar
11% Mar 26
100
:. 7 %
Joy
Feb
82
8% Mar.26
i
International
■
120 % May
2
166
6% Mar 28
No
International Shoe.:
1,200
900
May 19
5% May
104% Jan
No par
Machines—
Paper Co_
preferred
Inter Rys of Cent Am—A?A5 % preferred—
$6
105
No par
conv
Joliet
104
28
Chem
4 % %
—
27
preferred—_——-
5%
60
105 Va
*104
600
COO
28%
105
Apr
Preferred -i—--4——100^
20
2,000
103
28'/a
76
Island Creek Coal
39
26%
'
37% May
38 V2 Jun
30
1
International
114%
104%
:*/4%
24
47% Jan
No par
Intertype Corp—
110
38%
*120
*120
*120
3
19% Jan
20
j
Interstate
122
122
122'A
38
38
*112%
Corp
300
40%
*40
39%
114%
93
32%
".<2
*109'A
39%
114%
122 Va
122
37%
J '0 %
29% Jan
No
6C0
'
150
150
—
*112%
39
*112%
114%
123 %
.123
'•37%
:
x39
39%
*112%
2
preferred-—iA--———100
i'S:
40%
-39%
3% Jan
100
3,000
•
24 Va
37V4
—
34
No par
No par
j—No par
4,900
,
24%
25
,
6
Hydro-Elec Sys class A
%
July
14% Jan
series A
Int Nickel of Canada
;
'
100
preferred
Intem'l Telep & Teleg
-Foreign share ctfs
32,700
29%
2
10
July
13% July
100
Co
International
___
100
29%
28%
'
24%
'
>
'
28%
r
>4
70 V2
37%
32% Feb
preferred
Business
'Feb
63
100
Preferred
700
133
*141
42
8
109 Va Mar 16
International
42
133%
28%
29
24%
580
145
42
139%
*25
29%
24%
7,200
:
—20
International Harvester
46 Va
*141
29'A
28%
15%
89%
44 Va
*127%
41%
139 %
*135
29 'A
15
88%
*
134%
41%
133
25%
2!)
*44%
42
*130
'A
139
128
*
97
*96%
3,500
-
108% Jun
24
30
,
13,000
29%
98 Va
88
Va
137
137
138%
103% May 21
2
Co
Interlake Iron
22,000
6%
Apr
Jan
700
34%
17
1
Intercont'l Rubber
4,000
6%
88
97 %
84%
13%
3
25% Apr
Jan
a
Rayon——
International
22%
7
9ft
Apr
Dec
preferred A
Int
22
a
42
23% May.
49% May 17
5,600
/
47% Apr ,11
2
2
5,200
4 3 a;
18% Aug
4
16% Jan
39% J an
570
84%
83
14%
98%
*
4'A-:
4%
Jan
44% Jan
117
No par
"
3,400
184%.'
184
184%
•
May
47% July
45
Jun
20
Int
Dec
Jan
Jun
Ingersoll-Rand
800
19 %
Oct
39
Apr
4% %
Jan
53% May 11
25% Feb
Steel
Jan
13'A
2%
4%
ctfs
13%
115
2
$4.50
38,400
88
6%
A
137
137
138%
28%
87%
87%
10%
7
•-
Industrial
1,700
192
*190
19
47% Sep
2IV4 Nov
Apr ,11
119
22
100
7Va
341/4
6%
35
■
10%
10%
83
22%
35%
41/4
7 Va
192
87%
4%
83
*137
192
184%
4%
6%
29%
y
88'A
87%
7
10%
10%
195
183 3 4
22%
35%
34%
*137
7'A
108%
*108
108'A
20% Feb
25% Jun
36% Mar
11%
Interchemical
7
8
Jan
Insuransharrs Ctfs Inc
107%
Dec
49% May:
Jan
400
108 Va
23%
1%
300
45
Jan
6
9'/a
9Va
20 %
28
19% Jan
6%
; *44'A
15
Aug
29% Feb
4% May 28
Inspiration Cons Copper
9'A
17% May 21
17% Jan
116% Apr 18
Jan' 2
42;
25 %
17% May 31
Inland
183%
*82
23
Feb
16
1,100
.A 4%
4%
4%
22 Va
41% Jan
Dec
19%
Jan
8,300
*192
88%
2
63'
114
30% May 10
V Jan 19
13 Va
183%
183
183%
183
87%
87%
—1
23% Jan
16
19
131'A Apr
Feb
92
10%
11
25
Feb
13
7'A
71/4
15
30%
92
*108
108 %
15
Jan
18% Jan
*174
45
July
125
Feb
Feb
25
20
13'/a
*9
73
Apr
72
123
34% Jan
94'/a
*44'A
Jan
80 Va May
par
Feb
71/4
*92
9'/a
Mar
18
xl3
45
134
21
13 %
9 Va
Jan
1000
-i—
2,000
120
120
128
20
92
44%
194%
194
193
87 'A
88
*87%
10%
11
10%
10 v8
*191
7Va
7%
V
7
6%
106%
119%
■:
134% Apr .10
43% Feb
13 V*
13 Va
44
108 %
119%
*174
'
15
Nov
18% Apr
RR
lines
See
RR
1,600
-■'
106%
Feb
170
81 " * Apr
91
9'A
*9
45'A
*9
119%
*172
91
*44%
*105%
106%
119%
"A
A_
89
88 %
90
*105'/2
106%
119%
119
*170
*170
89%
*105%
119%
119%
*170
*105%
Jun
130
Indianapolis Power & Lt—-No par
3,400
47%
47
47
89
8
28
1.470
-
Apr
par
preferred series A
Leased
20
,34%
24 %
27%
75
24
2
preferredBay Min & Sm Ltd
6%
2,400
V
87
87
33'A
24%
*119
*85'A
33 %
*86'A
33 %
87
*33%
70
69
69%
Apr
91 % May 28
31% Apr
22
Co
Central
Mar
8
12% Jan
non-cum
Illinois
'
201/2
Jan
22% Jan 22
66% Jan
Manhattan
&
160
82
170
25
3
—100
100
No par
Idaho Power Co—
900
36%
177% Apr 24
-100
——
Hupp Motor Car Corp
38'A
4
Dec
22% July
75% Feb
Power Co.—No par
11,000
35%
Jan
112
Jan
10
3
Hudson Motor Car
4%
63%
No par
—No par
-—.—No par
47,900'
37%
*35
5%
Hud
3,500
31
28%
Howe Sound
1,000
•
78 Va Jun 16
No par
100
12.50
Oil of Texas v t c
5,600
r
30%
30%
31%
preferred
Houston
2,100
16%
29%
29%
3% '/a
Houston Light &
20,900
4%
16%
4%
4%
17
16%
16%
41
2
(A)
Finance
8V2 Sep
Mar
71% Apr
Jun
July
9% Dec
Sep
._10
—
8%
110
Jan
99
8
20%
Houdaille-Hershey cl A__
1,900
•
2V4
8
Feb
118
25% May 19
No
Homestake Mining
290
41
17
16%
♦40 3
;
77%
17 Ve
"in
Apr
10
——-No
Class B
22
22%
Mar 13
par
.100
Co
preferred
7 %
80
*116%
22
Mar 26
par
-—
Holly Sugar Corp
48
Jan
8 % May
6
j ver
share
Jan
6%
15
20% Jan
(Del)—
400
18%
47%
xl8%
<
(C E) The_
Hires Co
900
5%
104 Va
12% F^o
4
108
.100
-
—No
'*■—No
Motors
Hlnde & Dauch Paper
25%
18%
25%
25%
*25
preferred
non-cum
preferred A
Hershey Chocolate
$4 conv preferred
31
25%
*
*18
*29
48%
48%
49%
18%
31
25%
25%
25
*29
16
May 16
112
-25
—--*■
6%
500
128%
W)
Hercules Powder
80%
*79
128%
30%
*29
30 %
*29
30%
24%
30%
*24 %
*125%
127
*124%
*29 'A
*78%
80 %
*78 %
80 %
127
*13.1%
131%
131%
131%
29%
.
13
Highest
# per share
37% May 28
10% Feb
4
Jan
9% Jan
Lowest
15
(G
Hercules
2,800
29%
9
7% Jan
?
Co
Hecht; Co.
Helme
Apr
x30
107
—25
:
Hayes Mfg Corp
Hazel-Atlas Glass
7%
29%
131%
29
131%
'
1
iiiuuotrieb Inc.
Hayes.
*177
*177
29%
*78'/a
Hart, Schaffner & Marx
1
Hat Corp of Amer class A
-100
6%% preferred (modified)—
100
79
*78
29 >A
*123%
110
110
*109
*
1,100
113%
*78
78%
..
8%
24%
24%
.
114%
7%
114
*177
*177
-7,300'
10%
109%
11%
—10
36%
10%
114
78%
80
35%
10%
7%
7%
113%
24%
35%
(*9%
11%
11 %
7%
112%
7%
7%
7%
7%
112%
11%
11%
11%
11%
11%
112
*109%
110
*109 V2
112
9%
110
share
34%
10
34%
10%
Year 1944
January 1
Highest
$ per share
| per share
Shares
$ per share
110
35 %
*9%
'X'
■
Par
S per
34%
34%
36
10
*109%
June 0
t per share
.
EXCHANGE
the Week
June 8
June 7
Range Since
Lowest
STOCK
NEW YORK
for
Sales
Friday
Thursday
Wednesday
S per share
$ per share
I per share
■j
HIGH SALE PRICES
June 5
June 4
June 3
AND
Tuesday
102
8
17
Apr 25
Apr
38%
Aug
107%
27
Jan
112 Va
Nov
84%
Feb
105
Dec
30
Nov
107%
90
34%
Sep
Sep
111
Dec
May
95
May
4
20%
Jan
28
Dec
92% Jun
4
58
Jan
80
Dec
105% Jun
f 6
66%
Jan
93
Dec
9
10%
Jan
20%
Dec
34% Jun
9
Mar 27
30% May
K
*118
122
'7%
22%
23%
\
50%
.
•
124
*118
124
*118
122
*118
900
,
22%
23
22%
23
22%
23
22%
*49
50
49 Va
49%
50
50%
50'A
50'A
50 ;■/
-
23%
50%
*20'A
20%
20%
21
20%
20%
21%
31%
31%
32
32
32
33
33
32%
27%
27%
27%
27%
27%
27%
27%
27%
27%
25%
25
25 Va
25
25 Va
25Va
25%
25 Va
25%
25
37%
38%
38
38%
38
38%
38'/a
38%
38
38'A
1
'( .*
.
4
25%
26 'A
V7%
48%
9%
9%
'6%
76%
77 3 4
'
*48
29%
:,8%
9%
28
9'A
.
30 Ve
109
28 »A
9
48'A
28'A
'
28
11
26%
*25%
26%
*25%
*47%
48%
*47'/a
109
*9
27%
9
9%
*77
77%
30%
109
28 Va
109
28
28
Kaufmann
Jan'
Jan
22
34,
Jan
22
18% Jan
2,600
15,200
-
Class
.—I
Dept Stores
(Julius)
&
Kelsey Hayes Wh'l
28% Mar
3
conv
3
124
1
Mar 26
■23% Jun
26
22
—5
23% Jan' 22
'33
22% Jan 23
B
:—1
400
Kimberly-Clark
*77'/a
9'/a
2,800
77%
150
X30
31
*108 'A
109%
27%
28
30%
7,800
109
190
-
2,600
28Va
10%
*10%
10%
*10%
10%
*10 Va
10%
10%
10%
41%
42%
411/4
41%
41'A
41%
41
41
41%
41%
'<3%
43%
43'A
43%
42%
43'A
42 7
43 »A
43
43'A
43 Va
43 Va
300
10%
43 »A
Corp
Koppers
Co
Inc
Jan
,7
13'/a
Jan
Apr 24
29%
Jun
37%
Dec
Jan
24
Dec
31% Mar
42
40
27
48 % Jun
5
Kresge Dept Stores
_
-1,300
*
Kress
*2,100
-
Kroger Grocery & Bak
(S H)
8
May 15
8% Jan
15
lOVa Feb
23
73 A Feb
21
78 Va Jan
15
34'A Jan
3
29% May 23
100
& Co
No
108
May 15
26
Mar 26
—1
8% Apr
Dec
Aug
,Jan
33% Jan
-10
20%
X26
17
22% Mar 10
-10
—
Dec
Mar
20
par
_
4% % 'preferred
Feb
Feb
14%
39%
6
—1
Kresge (S S) Co
13%
Jan
27
par
No
19%
21% Aug
124 ~
Jun
,
par
„JVo
Kinney (G R) Co
$5 prior preferred
7
Dec
6% Jan
25% Jun
24
No
Jun
16% Apr
117
28% Feb
2
35% Jan
Keystone Steel & Wire Co
48 %
18% Jan
—No par.
Kennecott Copper
8
51% May '5
cl A—.—1
Ccf—
100
i0%
a
Jan
13
.100
preferred
non-cum
Kayser
900
-
26%
41 Va
*10%
4%
No
'
9%
31%
31
109 %
22
77'A
9'A
9'A
31%
30
109
109
48
78
*77
21 1/4
*32
48 Va
*25%
26%
48%
78
30
109%
2J%
•
*25%
48 Va
25%
>5 %
4
20
117,
pat
No par
City Southern
1,200
25%
38%
31 %
.
-10
Kan City P & L Df-ser B
Kansas
1,200
27%
>4%
1,800
32%
27%
21,600
-
21%
31%
•:
90 % "20%
Stove St Furn
*
124
23 >A
22%
Kalamazoo
112
Mar
5
28% May 18
11
7
Feb
par
36
Jan
19
42% Jun
No par
37
Jan
24
44 Va
May
13
191/4
3
54%
32
108%
22
6%
Feb
Jan
24%
Jun
19%
Jun
9%
78 Va
Oct
Dec
Dec
Dec
Dec
34%
Dec
108%
Dec
Feb
27 %
Nov
Jan
107A
Oct
4
27%
Jan
39
Dec
'7
31 %
Jan
37%
Nov
I
6
6
6 'A
6 Va
5%
6Va
5%
Vl %
33 %
33%
34
33%
33%
33%
33%
33 3 4
33%
33%
33%
A2%
53%
53%
54 Va
54%
55%
53%
55
53%
54%
54'A
54'A
)2%
53 %
*52%
53 Va
53
53%
*52%
53%
*52%
53%
53%
54
14
14'A
5 %
6
5%
6 '/a
6
173,000
Laclede
Gas
1,600
Lambert Co
3,700
Lane
Lt
'
Co
(The)
100
_N0 par
4% Apr
31% Jan
5
7% Feb
2
3
35% Jan
19
'
•
.
.
600
Lee
Bryant—
Rubber
—No
H%
14
13%
14
13%
13%
13%
13%
14'A
34%
36%
35%
36%
35'A
36
35
36
34%
35 Va
35
35'A
6.400
16%
17
15%
16%
15%
16'A
15
15%
15%
16 V4
16'A
16%
27,900
Lehigh Coal & Navigation Co
Lehigh Portland Cement
Lehigh Valley RR
Lehigh Valley Coal
2%
2%
2%
2%
2%
Va
2%
46%
46%
46 Va
46%
46%
48 %
47
43%
43%
42%
43
43
43
42 7
22%
22%
*22 %
22%
*22%
22%
{9%
19%
19%
20%
20'A
21
3)%
61%
60
60%
59%
59%
58%
2
8%
;8%
8%
8%
8%
"90
,
*■192%
51 Va
51%
52
53
90
90%
90%
90 3A
91
194
'33%
3478
36 %
56%
47
47
*
For
footnotes
*89%
193
56
34 7a
46%
47
page
*33%
55%
56
46%
90
194
194
*33%
see
90 34
2571.
90%
195
2%
49 %
43
43'A
22%
-
22%
22%
20j/4
20%
59%
59
8%
r-
*54%
89 Va
88%
*194
8%
3%
3%
48
43
20-^a
8%
52
89
3
48
a
22%
20%
59%
8%
.
25,500
■
3%
96,000
48%
50'A
12,400
43'A
43 5a
3,600
22%
22%
400
20% A/20%
13,300
59
59%
8%
55%
55%
*87 Va
88%
88
88
89%
88 Va
89'A
89
8 91/2
8%
55
195
55
195
195
194
194
34%
34%
34%
*35 %
36%
35%
55 Va
57'/4
56'A
56'A
55%
56
47
47
47 »A
46 »/4
47
46%
46%
No
preferred
Corp
24
55 %
47
Jan
22
54% Mar
Jan
4
420
400
3.700
'2,300
31V4
Dec
Apr
491/4
Dec
12
15% Feb
15
8
Jan
12%
Oct
24
37,
20
21
Apr
31%
Dec
6 % Jan
30
17«# Jun
Jan
81%
Dec
var
2Va Mar 26
35% Jan
22
36% Jan
22
: '
Feb
4V4
1%
Jun
Jan
2%
Dec
15%
3% Jun
50%
43%
Feb
39'A
Dec
Dec
No
par
7
29%
Jan
38%
20'/a Jan
3
23% Mar
181/4
Jan
21%
Jun
17 % Jan
22
21
Jun
17%
Dec
19%
Dec
51 % Jan
24
65 V
May
42
Jan
53% Aug
7% Jan
2
Jun
47 % Mar 28
I_~5b
9% Apr
55% Jun
78
Jan
2
25
78
Jan
3
IIIlOO
181
Jan
5
5
91
Series B
Lily Tulip Cup Corp
No
Lima Locomotive Wks
No par
Link Belt
x31 %
Jan
29 Va Jan
(new)—Nopar
Preferred
Dec
Apr
17%
38
26
10
'
.
2
25
Lehn & Fink Prod Corp
Lerner Stores Corp
Liggett & Myers Tobacco
May 28
50
50
600
2,400
Jan
__i
(The)
Libbey Owens Ford Glass
Libby McNeill & Libby
Life Savers Corp
24,400
,
35%
56
conv
800
8%
55
89 V2
3.400
6%
Lehman
30
5
& Tire
14 '/a
par
par
Oo——————par
17
8
May ll)
91% May 28
6%
Apr
8% July
39
Jan
49%
Dec
68 %
Jan
83 Vl
67%
Jan
86%
Jun
Jun
195'A Apr
38% Feb
25
174%
Jan
Mar ,28
21
-26%
Feb
32%
47% Jan '25
59VaMar
1
36
Apr
52
Nov
Dec
Dec
41% Jan
51
7
37
Jan
44
Dec
32
22
Mar
182
161
Volume
Number 4393
THE COMMERCIAL & FINANCIAL
CHRONICLE
LOW
$
per share
22%
22%
$
per share
22
21%
32
*32%
PRICES
STOCKS
Wednesday
Thursday
June (J
per sTiare
21%
32%
*32
SALE
June 5
32*
■
HIGH
Tuesday
June 4
June 2
$
AND
Monday
Saturday
$
22%
Fridav
$
22'A
per share
22%
Sales
June 8
June 7
per share
22 'A
the Week
$ per share
22'A
21%
32%
32%
32%
32
23%
24
32%
•23%
24 %
32%
24%
24 Va
24%
24%
25%
27%
27%
25
27%
27%
25%
27%
27
27%
27%
27%
27%
28
58
58
x57%
58
*19 %
57 %
.19%
57'A
57
'
19%
19%
57
19%
57 Va
19'A
19'A
19%
19
19%
50
49%
49%
50
50,
49
49 7A
50
50
49%
24%
24%
24%'
24%
24%
24%
24%
]172'A
*172%
*26 Va
170%
169
171
170
171
26 Vb
26%
20 Vb
20 VA
26'A
26%
57%
58'A
57%
53'%•
57
5 7'A
33%
*33
33%
*33
*33
57%
57%
57%
57%
*35%
36%
35%
36
109%
*108
18 %
9'A
28%
26'A
57 Va
*33
33%
33%
18%
9%
*370
9%
36 'A
*108
18%
9%
425
9%
25%
36%
12%
13 %
*46%
46%
Midland
1,550
Market
St
17
17
17
17'A
25%
25%
25%
25%
110%
110%
110 Va
25%
25%
25%
24%
25
*110%
25%
25
17%
17 Va
25%
17%
I
26
25%
111
12,200
19 TA
19'A
19%
18%
20
45%
45
45
44 %
45'A
29 %
30
30
30
-30
30
30
30
30
30
25%
12%
46%
25%
196
36%
13
46%
25%
*192
37
*192
37
12'%
12%
46
36%
46
26
25%
12%
*32%
33%
*23%
*32%
*111%
113%
37%
37%
*21%
22
*56%
56%
27 %
*106%
27%
107
*33
33%
24
*111%
12 Va
46%
33 %
33%
*32%
33%
32%
33
1,100
22%
22%
1,700
23%
23%
23%
23%
23 Va
23%
23%
*111%
113 Va
*111%
113%
*111%
113%
*111%
113'A
37%
37%
38'A
37%
37%
3 7'A
37%
37%
21%
21 Va
21%
21%
'21%
21%
21'A
21%
21 %
57
56%
57'A
57
58
57%
58
18%
18%
23%
28
27%
28
107
*105%
107
18%
19
*111%
23%
27%
*105%
19
27%
18%
112%
57
107
27%
*106
*111%
38
*21%
57
*56%
23%
18%
28
*18%
113%
37%
28 V4
28 %
*106%
18%
*113
107
107
28'A
$4
200
18%
*112
'23%
23%
23%
15%
15%
15 Va
15%
15%
103%
102%
102 Va
104'A
100%
100%
100%
100%
38%
38%
23%
15%
*102
19
19
61%
*41
61%
42
42%
42%
*107% 108
8 %
8%
27%
28%
2,400
63%
18%
27%
41
41%
42%
42%
42'A
60
107%
107%
107 %
107'A
8%
8%
8%
8%
8%
28
62
18'A
*
*2%
43
44%
1C 9
110%
110%
111
~9%
9
9
26%
27
9%
9
*118
119
118'/a
118
27%
27%
26%
•
62%
18%
2%
*2VB
2%
43%
43%
110 Va
*110
110'/a
*110%
111%
*111%
~9%
9 Va
9%
118%
118 *
27%
27%
28%
29%
*93
29%
94%
115
*114
*113%
115%
*110
112
64
64%
29%
29%
93
30
*91
92%
92%
114
92 Va
114
*43%
*113%
*113%
115
*113
*112%
113'A
65
63%
64'/a
*45'A
*113
115
112
64%
*113
115
112
112%
63
*45%
48
44
43%
30
*29%
60
115
114 %
115
113%
113%
130
'112%
113%
280
64%
9,000
*112%
113%
X63%
112%
64 %
64
47
*45%
64
No par
44%
42%
42%
42%
42%
42'A
43
43
42 %
42%
42 %
42'A
42%
42%
42%
30%
30 'A
29%
30%
29%
29%
1,300
*27%
26 V2
26%
26%
26%
26%
27%
27
27%
Motor
27%
3,200
28
36
36
36
36%
36%
900
27
37
37
*36%
37
36%
36%
36
13
13
12%
13
12%
13%
12%
102%
28%
103
28%
*99%
101
111
111
28
103%
28
*27%
28
28
*97
100
99%
*97
110%
111
18%
18
*98%
*110
112
*109%
103
103
103
103
18%
18%
18 Va
18%
18'A
*55%'
56%
*56%
56%
*55 Va
42%
14%
14%
103%
*28 Va
'28%
103
Brass
Co
$7
preferred,—
Munsingwear Inc—
18%
18%
200
9.9%
140
18%
19
19%
19,500
100
56%
*55%
56%
*55 Va
56%
56%
56 Va
20%
19%
20%
20 Va
20%
20'A
20%
4 4'A
44%
830
'
Murphy Co (G CJ
4% % preferred
7
21% May
97
Apr
55% July
28% Nov
24
Apr
6
104% May 21
12% Mar 27
28 Va Jun
108
Mar. 9
4
10
112% May 23
103
19
Jun
24
Feb
Sep
16% Aug
May 29
104%
13%
111
Dec
Oct
Dec
19% July
8
Jan
13
82
Jan
100
70
Jan
94
19
31 Va
Apr
38%
Nov
8
8 Va
Jan
16 V«
Dec
10
May 21
105'A Apr 16
98% Jan
12
94
Jan
3
101
Apr
24
35
'Jan
2
x41%Apr
•
54% Jan
Jan
3
3
106'% May 16
7% Jan
26
23
Jan
2
Mar 24
53
15% Jan
19
1% Mar 27
4 2 % Mar
109
May
26
4
109Tb May 21
* May 23
110
7% Mar 20
109'A Jan
4
22% Jail
2
5'A Jail
22
16% Jan
21
May
109
Jan
30
9'A Mar
1
'■
31% Apr 24
43% May 17
160
Mar
6
Jan
12
19% Jun
2
63
2% Jan
47% May
113% Jan
4
7
5
_
Mar 13
114
11) % Apr
9% Jun
119
May
31% Mar
9'A Jun
24
Sep
27'A
Jan
116Va
Jan
40
Apr
12%
Oct
1%
36'A
105
Oct
Apr
Mar
108% May
107
Sep
8
0%
Jan
93%
Jan
8
17%
Feb
2;
22
34% Jim
8
3
46% Apr
30
25'A Jail
2
33
Feb
8
97'A May
23%
9
Jan
36
■
Deo
Sep
Oct
8% July
28 % July
39
144%
Aug
Oct
58% May
19% Dec
2%
46
114
113
112
9%
111
Dec
Dec
Dec
Nov
Dec
Oct
Jun
23% July
6% Dec
2'A
Jan
8Va
Jan
18%
Dec
Jan
39%
Jun
Sep
25
74% Apr
111% May
117
Jan
Sep
29
19%
13
par
113%' Jun
8
119
Apr
2
114
Nov
119%
108% Feb
27
112% Jun
12
Oct
113
47% Jan
-%
No par
—5
1
:
1
No par
-No par
—No par
—100
Murray Corp of America———10
Myers (F E) & Bro
No par
26,200
44
Mar
Apr
——
Mullins Mfg Co class B
1,300
28%
112
112
Dec
47
115
50
Wheel Corp—
Mueller
250
*98
99%
Oct
22
6
39
5
Certificates of deposit.
25,100
28%
28%
115
*111
32%
Feb
61 % Mar
2
Essex———
'
99%
99%
111
15
104
14%
15 Va
104
104
Morris h
820
42%
42%
42'A
2,625
Apr
14
2
79% Jan
Motor Products Corp—
30%
30
31
*30%
30
30%
42%
Apr 28
23% Feb 20
27
2
Jan
No par
No par
No par
preferred series C
& Co
Morrcll (John) & Co.
$4
43
42 Va
25
19% Jan
111'A Jan
B——No
45
42%
30'A Jan
52
Dec
10
4
42'A
Apr
Dec
M A vtc— .No par
42%
*43 3
112 %
107
Montgomery Ward
.200
47
*45 Va
47
Feb
Apr
Products——No
45
..
109%
Dec
Petroleum—_—-10
series
Jun
6
Corp
Preferred
21
107
1,500
113%
Oct
Jan
Dec
91
90%
113% May 17 ■
29%
Aug
,
113%
Dec
Jan
39
30
91
July
19%
16
1 '
38
30
114
91
11% July
44
110%
55%
30
*113%
9'2%
106% Mar
Jan
43 %
114
32'A Mar
15
Jan
7%
800
4% Mar
27
Mar
Mohawk
700
.
Mar
37
preferred series A—
100
Carpet Mills.
—
20
Monarch Mach Tool—— No par
Monsanto Chemical Co
10
$4.50 preferred ser A
No par
9
9" A
33%
Dec
Nov
27
Mo-Kan-Texas RR
8%
31%
24 Tb
176%
25
21,700
8%
31%
49% Apr
112
Mar
8
58,800
8%
30%
170
May 17
May 5
13% May 29
2
9%
8%
31%
43%
Mission
3,700
Jun
9
34%
8%
31 Va
30
28 %
27%
300
.
Sep
i
45% May
43
9%
32%
30
32,800
>
16 '
29
65% May
43
8%
31%
*43 'A
118
—
27% Fob
25% May
19% May
44% Mar
33%
9%
43%'
9%
9%
*117 Va
•
51% May
37
vtc—————No par
B
12
Apr
33% Mar 10
Minn-Honeywell Regulator
3
4 ",'c conv pfd series B:
—100
4%% preferred series C
100
4 7o
preferred series D
100
Minn Mollne Power Impl
1
$6.50 preferred—
—No par
60
i
111% May 10
3
Class
Jan
Jun
24% May 18
24
10
110%
110%
*111 Va
118'A f
111%
*110
111%
Deo
4%
37%
20
47% May
,.
32% Feb 13
25
Jan
•
25%
19% Jail
Jan
2,300
18%
Jan
-No par
Co
P & SS
Dec
16%
33'A Mar
35
St
May
20
22
137
Minn
16,600
2,800
43%
17%
32%
*43%
%
*2 "A
'2%
9%
43%
1,300
43%
17%
44
32 %
43%
19
4
par
Steel
Midland
60
'
21
Apr
15
8% cum 1st preferred—
100
Minneapolis & St Louis Ry—No par
200
44%
Jan
13%
1
50
1
Mid-Continent
64
12%
14% Mar 10
71800
155
Oct
6
Jun
29
3
Metropolitan Edison 3.907c pfd—100
Miami
Copper——
.-5
63 %
62 %
8% Jan
Dec
18% Jan
20
40% Jail
17'A Jan
28%
155
155
Dec
Jan
110% Jan
27% Jan
24
2,600
420
10%
38
—10
Co.
Min Trans Co
&
Jim
61»
195
109% Jan
-
Machine
Apr
391
20
12
25
8%
108
44%
44 Va
*153%
62
conv
Merch
2,100
Jan
8% Feb
20
100
(The)—
1st preferred.;
Mesta
200
42'A
28
28%
*44
44%
155%
*111%
*111%
*118
28
28%
5%
310
41%
*41
'
111%
*109
111
17%
2%
17%
44
111 Va
*109
155
62
*2%
2%
*109
155
61%
18%
*43%
44%
44%
45
28
28%
*153
*111 %
27%
X59TA
43
Mengel Co
3,600
59%
60 %
41%
107%
62
18%
9
59 %
60
*41
18%
.
Apr
13'A Jail
$5.50 pfd ser B w w
-No par
Melville Shoe Corp—•—
;~il
800
18%
xl8
8%
44%
119
8%
*118
18%
18%
18%
18%
107%
154%
111
38%
38
34%
8%
61 %
*111%
*38%
107%
*43%
2%
*109
*38%
42%
*153%
111
39
61
63%
44%
*107%
630
par
— No
par
preferred series A——-No par
$6
30
100
43'A
28%
28
2%
108
100
41%
44%
19%
*104
100
43
8%
45%
108
*97
*60
107%
2%
:
*104
100
*41
8%
Mead Corp—
108
*99
18%
42%
X106%
2,500
*104
18
—*
15%
15 VB
15%
preferred
35
—1
McQuay-Norris Mfg.
99%
38%
26
5
Co
2,300
104%
42
42%
*44%
15%
15%
23% Jan
176% Jun
_5
1
23%
23 Vb
23%
5%
20
113
61%
60%
*41
155%
*43%
*154
23%
*112
39
19
18%
23%
112
99
39
39
15%
112
par
No par
No
Stores
26
4
.
preferred
McLellan
Mar
27% Jan
cum
McKesson & Robbins Inc
11,200
107
18%
18%
40
par
100
No
-
—
16
97b Mar 26
par
—*1———il
Mclntyre Porcupine Mines
'
*112
27% Mar
No
No
McGraw-Hill Pub CO—
600
Jun
22
McGraw Elec Co—
1,100
3,500
8%
2 lie Jan
No par
,
No par
preferred——No par
McCall Corp
_♦
McCrory Stores Corp__
——1
5% conv preferred w w
100
33%
Aug
1
200
$6 1st
4
315
110% Jun
Department Stores--—.
Maytag Co—
$3 preferred
Jan
5
4,400
—
2%
22
46%
—
16
24%
15% Apr
18% Jan
12%
*111%
Oct
Dec
Feb
lio% Jun
100
Co
Wks—
Dec
Feb
9
■12 VB
12'A
*45%
*111%
Alkali
19
22%
67b
No par
preferred
Jun
10%
7% Mar
May
7%
Jan
38Ta May
108'A
18%
2
Mathieson
195
Dec
Jim
8
3% Jan
3,100
37
Dec
Nov
48
10% Jan
100
Co—:
30
148
Jan
16
N ay 18
28% May 18
4% Mar
8
17
4,800
•193
37%
'
*112
Master Elec
Oct
7
20
preferred
(Glenn L)
24%
Jun
Jan
37%
195%
37
46%
•900
26 Vb
25%
*193
37
12 Va
1,800
-
2
Jan
prior pfd_
Ry 6%
Dec
Apr
14%
27
14
*45%
25%
196
*45%
-
3
Feb
5
Martin-Parry Corp
Masonite Corp„_u
17%
45
7% May
19
425
Dec
'163
Feb
x26% Aug
1
22'A Jan
7
34 %
14
Mar
1
Field & Co
68,300
17
Jim
Jan
104
110
Mar 28
25%
135
Apr 3t>
36% May 29
24
Corp
Martin
46 Va
25%
1
par
.'5
Exploration
14,600
16 Va
196
Marshall
Oil
25%
46
36%
Maracaibo
4 'A %
16%
X25 %
425
No
300
46 %
*190%
—50
.
-
25%
25 7A
17
Bros
111 %
46 %
_
Mandel
Manhattan Shirt
110'A
>14%
*111
*111
Mahoning Coal RR Co
Manati Sugar Co
Marine
25%
*
—10
29,100
110 Va
46%
3
147
—
Copper
8%
*16%
23% Jan
16% Feb
Magma
No
Jan
2
24
8%
25%
—10
20%
1
22
8%
110%
58% Jup
31% Jan
3,800
16%
16%
Mar 27
52
151
9
106% Jan
4%
25
2
170% lb y
27% Mi ?
——No per
-—100
Madison Square Garden
No par
4%
*110
—50
4
.23% Jan
No par
Jan
May 29
4%
'200
166
% May 31
200
8%
.
8,200
20% July
33
15
8%
196
10%
Apr
59
28%
8%
25%
9%
9%
•50
17%
155
15
8%
36%
430
StfvlS
2
28%
8%
*192
'415
25
2
3
15%
8%
30
12,600
18% Jan
16
28%
8%
30
700
18%
Dec
44
Jan
*28
8%
15%
18'A
18 ''2
18%
Jan
8
47% Jan
*15
4%
15
18 'A
19
Jan
28
6
100
Macy (R H) Co Inc
4% % pfd series A
100
Dec
%
40% Feb 20
par
25
-100
5,900
109
53
15% Jan
preferred
367 a
36 Va
'108
Nov
Feb
23
10
Mack Trucks Inc
15%
4 %
*46'A
36%
23 "a
40%
Jan
Forbes
&
Jun
60'A May 9
20% ? ;ay 18
50 % Mi y
2
50
8
fay 17
par
6%
1,800
28%
4%
24%
MacAndrews
56 Va
*28
4%
24%
300
•
Jan
14%
23% Jun
<&. Nashville—
*15
4%
17 %
Louisville
Highest
t per share
19%
2
3 I A
—
1944
22'A May
30 % Dec
May lo
preferred——
15%
4%
25%
34
56 Va
Co
Louisville Gas & El A
11,200
a
(P)
28%
*4%
113
600
7 %
*28
V2
25
57 7
Lorillard
4
*45
4
*16%
240
per share
Nov
19% Jan 31
No
I
17%
31
26
Biscuit
15%
*28
4%
*110
7.500
per share
No par
Long Bell Lumber A
Loose-Wiles
Year
Lowest
I I % May 12
! ? A Feb 13
19% Jan
29% Jan
1
Cement Corp-
©tar
J
No par
...
2.700
26%
*33
57'A
425
8 %
*
Lockheed Aircraft Corp
Inc
juone
Tanuary 1
Highest
I per share
No par
No par
Liquid Carbonic Corp
Loews
1.500
18'A
18%
9%
1,500
Refining Co
24 V8
57%
109 'a
*18
19
425
26,700
Lion Oil
152
57'a
36 Va
109
*17%
19 'A
425
57 Va
1,200
27,300
.
175
*26
Range SI J)
Lowest
19 Va
24%
26'A
57
Range for Previous
STOCK
49%
*173
26%
YORK
EXCHANGE
28%
15%
15%
*2 8J/2
9 %
9%
9%
*14%
109
18
*370
425
*370
109 Va
19
19%
18%
18%
36
18
19
24%
173
32%
49 'A
*152
57%
36%
*108
18 %
*17%
425
*370
33 %
58
X35%
x24%
X173
*152
57%
109 Va
*103
18
18
33%
24%
174
57 Va
56
152
*153
*153
57'A
NEW
Par
2.100
27%
57%
for
Shares
22
23'A
57%
2567
8
88%
Oct
6
107%
Jan
05% May 28
41%
Apr
45
Jun
4
35%
Jan
42
Oct
23
43
Jun
2
21'A
Jan
35%
Dec
39% May 28
43
Jun
2
Mar 20
41
32% Jan
Aug
53% Nov
32
May 17
28% May 17
15%
Jan
24%
Jim
16%
Jun
25%
Dec
31% Jan
6
40
5
26 Va
Apr
33%
Dec
9% Jail
6
15'A Jun
7
4'A
Jan
10%
21% Jail
20
23 % Mar
27
97% Mar 27
Jan
8
X82V-I Feb
15
11C Va Feb
I
22
May
105
May
28% Jun
4
72
Jan
8
20
70
Aug
Mny
110
Nov
100% May 28'
115
100
Oct
Oct
24 Va July
84
Nov
Jan
4
116%
Feb
13
Jail
5
19% Jun
8
87A
Jan
14%
Aug
53
Jan
5
57% May 16
43%
Jan
53%
Oct
11%
Apr
28
Jan
41%
Dec
13%
Jan
20%
Dec
May 18
18
Dec
19%
Dec
9% Mar 20
13% May 15
9
Jan
11 Va Mar 21
14% May 15
17% Jun
8
13% July
13% July
N
20
20 %
20%
20
20'A
44
45
44%
44 %
*43%
44'A
43
43 Va
43%
25%
25%
25%
25%
25 %
25'A
*25 Va
25%
25
25%
25%
23'A
22'A
23
23%
22%
23%
23%
24
22%
23%
23
23%
12%
12%
12%
12%
-12%
12%
13
13
12%
12%
12%
13%
13%
13%
13%
*25%
13%
16%
16%
16%
16%
16%
17
25%
25%
25%
25 Tb
25%
25%
*186
/
13%
13%
13%
13'A
13%
*13%
*22'A
187
23
16%
16%
35'A
35%
15%
15%
15%
22 Va
16 Va
•
16%
35%
35%
36
16
15%
16%
25%
16
*186
188
*22
23
22'A
1,200
2,400
National
Airlines
4.700
Nat Automotive
1,500
17%
4,500
25%
12,700
200
23
*22%
15%
9,400
16 Va
15%
157/a
15%
35%
36
35%
35%
35%
36
6,500
15%
16
15%
15%
15%
1,900
15%
15 Va
15 Va
15%
3.600
15%
15%
15'A
15'/a
15%
15%
15%
15'A
15 'A
31%
32%
32'A
8,000
32%
31%
32
32'A
32%
32'A
3 2'A
32'A
32%
24%
25%
24%
25%
24%
24%
25 Vs
24%
24%
24%
24%
*11%
12%
*11%
12 Va
11%
12'A
*11%
12'A
12'A
*11%
42%
41%
42%
41%
42'A
42%
42 %
42%
42
41.
4 2'A
43%
*42 %
43 Va
43% •43%
43%
43%
44
44%
43%
*43
*43%
17%
17%
17%
17'A
17%
17%
104
28%
*186
*158
18
104%
28%
188
160
17%
105'A
28%
187
*158
105 %'
106
*105
"
160
186%
186%
186 %
*185
157
157
'
*156
159
26%
26 »A
26%
25%
26
35
10%
72 Va
73'A
73%
74
4,800
18%
'18%
18%
•18%
8,300
>31""--
-1.500
19'A
18%
18 %
30%
30%
30%
100%
100'/a
19'A
31
,
18'A
30%
18%
30%
101
101'A
106
105
105
*105
105 'A
*105
*80
85
80
80
*78
85
*80
*109
110
*109
110
*109
110
110
*107
108%
*107
108%
i
105 %
'
10
105'A
*
81%
81 Va
110
*105
nn
81%
*78
l/o
200
82
110
110
*> i
"109%
110
in«
*106'A
108
>
50
22
11% May
35% Jan
5
22
34
Dec
X10
Sep
23%
Aug
15% Apr 24
x32% May 18
26% Feb 28
XI1%
Feb
14%
19%
Jan
25%
Dec
13%
Jan
24%
Dec
14
11%
Jan
12
30'A
Feb
37% May
26
Jan
9
Feb
12% Mar
37
13
,
43% May
Jun
16'A Jan
21
Dec
Mar
Dec
14% July
Jan
19
Jan
164
Feb
181
Dec
141
Jan
159
Dec
16
Dec
22% July
20
17%
Apr
23
15
28%
Apr
34
5%
29% May
'37
7% Jan
Feb
Feb
Feb'
104%
Dec
25 V»
Jun
7%
Jun
Jun
bee
4
57%
Feb
70
19% Jun
1
11%
Feb
17% July
33 V., Mar
1«
24%
Nov
101% Jim
7
79'A
Feb
95
104 Va May 28
83 Va
Jan
98'A
Dec
5'A
Jan
11%
Nov
Apr
75
15
Jan
92% Jan
15
97'A Jan
17
Co.-—*-—.———10
No pat
No par
Nelsner Bros Inc—
1
4%% conv serial preferred—100
Newberry Co (J J)
No par
5% preferred series A
100
New Jersey Pr & Lt Co 47c pfd.100
10% Jan
3
10% Ja:j
3
Tea
37
Apr
11'A May 22
Jan
27'A Jan
8%
87%
27 % Feb
Jan
33
% May
106'A May
65
42%
105'A
2
21% Jan
Apr
25
National Supply (The) Pa—-—10
$2 conv preferred
40
5%% prior conv preferred
10
6% prior preferred——
100
600
*105
24% Jan
20
May
41%
43
43
4
Jan
17%
18
'V 41'A
'
13
Dec
Jan
163
Nehi Corp
*41'/a
9
21
4
Natomas Co
42
12% Mar
*30% May 21
16% May 18
Dec
Feb
Feb 58
National
42
6
Dec
•18
155
preferred A
100
preferred B—
——100
National Linen Service Corp
1
Nat Mall M St'l Cast Co
No par
National Oil Products Co
4
National Power & Lt
No par
6,200
16%
31% Apr
Dec
2
23% May
6%
3,600
17
16% May 28
15%
24%
181
May
2,400
16'A
2
Jan
Mar
192
16%
16%
13% Jan
9%
20% May
165
2
17%
16'A
23
9
10% Nov
17% July
24
Apr
5
j 12%
16%'
20% Jan
May
Jan
16%
16 %
192
24
11%
16%
5
177'A Jan
17'A
11 Va
2G
Jan
5
16%
17%
11%
23'A Mar 26
182
Jan
12'A
17%
11'A
25
102
17%
17%
11 Va
24
5
19
11 Va
17%
11'A
13% Jan
15
44
17%
104'A
17%
11'A
•
105
16'A Mar 27
7
Mar
26% May
o
*103%
17%
44
830
-
45
2
2
104 Va
18
*42
*104'A
'
103
105
22% May
23
Jan
100%
11'A
*103%
30%
*102
Corp
20
Jan
100%
*103%
104 'A
101%
& Share
National 8teel .Corp
■
> 30% V' 31:%'
Bond
15% Jan
35% Jan
20% Jan
7%
•
25,900
72
19%
*105
10% "10%
71%
72 Va
■
100
preferred—
National Can Corp
•1,000
72%
11
43
35%
Biscuit Co
3
100
1
—1
1
10
5
10
No par
10
Nat Cash Register—
—No par
National Container—.
—-1
National Cylinder G is Co
1
Nat Dairy Products
No par
National Dept Stores
No par
6% preferred
10
Nat Distillers Products
No par
Nat Enam & Stamninp——No par
National Gypsum Co—
-1
$4.50. conv preferred
No par
National Lead Co
—10
Nat
200
10%
72
43
7%
3,000
35%
35'A
25% V 25%
.
17%
25%
10%
30%
16%
25%
-
10%
10%
*103'A
17%
25%
17%
25%
20
35
70%
104 'A
*17%
17%
*17%
National
90
*
10%
19%
11%
;
34%
30%
*17%
'
159
34%
ii
*103%
185
35
71%
100'A
185
*156
6,100
35
10%
100%
260
-
*28%
•
17%
?
500
8,100
-
X27%
186 %
158
26
100%
♦106 V' 108
28%
158
*17%
71'A
28%
186 Va
17%
.10%
106
106
106
5,500
•
17%
17 Va
17%
28%
17%
*34%
17%
*
28%
17%
35%
*105'A
%
28%
*17
*34%
42
28%
28%
187
*11%
12'A
6,100
-25
Fibres Inc
6% conv preferred—i
National Aviation Corp
300
>
188
15%
•
Co
Acme
13%
25%
*186
188
Chatt & St. Louis
Nashville
National
13'A
17
17 %
X25%
22 Va
23
16%
16%
*35 Vb
*
23
*22%
16%
25%
*186
188
*186
187
186
16%
*25%
Corp
Nash-Kelvinator
_
15% Mf.r 26
May
22% Mar
6
12% Feb
24
18 Va Am*
18
x43
May 29
9
Mar
July
30% Mar
Dec
11% July
13%
Jan
18% July
22
Jan
32%
96%
Jan
105 Va
56
Jan
68
Dec
30
Jan
22
103
Fi b
6
60
Jan
4
107
A or
3
110
Jan
26
106%
Dec
no
Jan
105'/a Jin
4
108% Apr
28
104
Deo
106
Deo
108% Mar 12
81% Jun
7
Nov
Monday, June 11, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
2568
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
AND
LOW
Saturday
i
g
per share
g
snare
:per
snare
per
June 8
the Week
I per snare
per snare
36'/a
36'/a
36%
37
36'A
36'4
36'A
36'/a
36
36'A
1,700
24*4
24*4
24
24*4
23%
24%
*23%
24 Va
2374
24%
4,900
Newport Industries
6,300
Newport News
1774
109*4
17%
17%
113
17%
17%
18'A
109%
17*4
*109
49
48%
48'A
48
47*4
*109
113
*109
113
*109
1774
17%
17%
17*4
1774
109*4
1097a
1097a
*00
1,700
49
49
49*4
*48*4
47*4
47'4
28%
29 *4
28*4
29*4
28'A
28%
27*4
28'/a
28
2874
28*4
29'A
68
68
68
68%
*68'A
68%
68%
71'/a
70 Va
70 3A
71
74
133
134
132
133'4
132%
132*4
134*4
133*4
35*4
3574
35%
35%
35'/a
47
*35'4
35'A
35'A
23
*21
23
•21
133
3574
50
*46
50
*46
*189
195
*184
195
237
*121%
123
238
121
*lz0
*56
10
10%
244
780
122
*120
*120
122
*120
122
24%
24%
24 Va
2474
24*4
24
*55'A
55%
*54*4
55 'A
54%
56%
5674
*56*4
56%
*56
56*4
56
56
10'A
10%
10'A
10%
10
19,lu0
74
55
10%
103A
109%
1.400
400
15,800
10%
10%
109%
*109'A
*109'A
—
*109'A
30
50,200
31%
29%
30%
30 *A
31%
31%
3274
113*4
*112%
113*4
112%
112%
112%
112%
100
38
39'A
38%
39%
38*4
39'/a
3974
3974
10,300
50'A
**50'4
51
50*4
50 *4
50
50%
290
51
50
10'A
1074
3 074
4,500
31'A
31%
30*4
31%
30%
113%
*112%
36'A
113*4
37%
*11274
3574
36
*50
10'A
10 %
*52%
54
52'/a
52%
*53
55
*1374
1374
13%
13%
*13%
1374
*109
110 */2
*52 Va
U%
1J-/4
55%
14
1374
20
13%
*53
55
1374
55
*52'/a
10%
10'/a
10%
10
10*4
11'A
11
*42%
24 '4
10%
10*4
51
240
43%
55*A
*112%
*50
100
240
*42*/a
24'A
6%
*109*4
*109'A
43
240
43'/a
55'/a
•56*4
56%
3,400
20'A
19%
240
43*4
239'/a
122
30
1,200
RR Co
Corp part stk
Noblitt-Sparks Industries...,
& Western Ry
Y SLtpbidg
Dec
22
July
18%
Jan
Dec
9
110'/a Apr
12
97
Mar 22
51*4 Feb
15
35*4
Apr
SQ'A Aug
22
29*4 Jun
153/a
Jan
2374
Dec
3574
Dec
74
Jun
197a
Jan
39 *A Jan
24%
Jan
23*A May
113A
Jan
22
23
141'A Jun
2878 Jan
2
17
Jan
2
41
Mar 26
50
Apr
162
Mar 26
190
Jun
18*4 May 24
37*4 Jan
20
109
Jan
62
Jan
32
30*4
118
Dec
2974
Dec
18*4 July
44 74 Dec
Jan
129
Dec
Jan
198*4
Jun
24 74 Mar 14
14'A
Jan
23'A
Dec
21
33 3A
Jan
47*4
44% Feb
Sep
219
Jan
2
244
Jun
8
193*4
Jan
218
Dec
121
Jan
8
124
Mar
2
116*4
Jun
122%
Dec
24% Apr
17
1574
Jan
533/4 Jan
6
58*4 Feb
23
52
Jan
56
Oct
53 74 Jan
16
5674 Jun
5
517a
Jun
54%
Dec
1
9*4 Jan
20
11*4 Mar
1
778
Jun
1174
so
105'A Jan
9
100
17% Jan
31
327a Jun
19*4 Jan
10
;
Northern Central Ry Co
Northern Pacific Ry_;
No
Airlines
Telegraph—
Norwalk Tire & Rubber
50
Oct
100
Jan
8
xl3'A
Jan
22'A
Dec
3
112
Apr
May 12
106
Dec
116*4 Mar
Jan
11574
3974 Jun
8
17*4
Jan
31 %
52
Jan
11
37 */4
Feb
50*4
Dec
11'4 Jun
1
4'A
Jan
7
July
Jan
10
40'A
Jan
53
Oct
147s Feb
19
12*A May
16
Jan
109
Dec
11
Jan
2
Mar
50
50
Preferred
Dec
4
Apr
6*4
No par
17
2.50
12.% J an
3
100
Norwich Pharmacal Co
110
1974
46
par
Northwestern
2
2634 Mar 27
112V* May
pfd .No par
Pow $5
States
35
Jan
50
preferred series
574% preferred series
North American Aviation—
6%
Northwest
Apr
Apr
13
—50
North American Co
Northern
277a
4 16'A
V
100
pfd~
non-cum
Highest
t Per share
100
Norfolk
Adjust 4%
Jan
103%'Jan
..5
N
11
2174 Jan
—50
1
N Y & Harlem
28
183/4 Jan
45
No par
No par
No par
preferred
$5 non-cum
50
393A Feb
25% May 29
22
109
100
100
Dock
York
Jan 22
1944
Lowest
I per share
I per share
167a Jan
No par
No par
No par
eferred
Brake
New York Central
N Y Chic & St. Louis Co
6% preferred series A
N Y City Omnibus Corp
$5 conv pi
;
share
1874 Jan 25
1
Ship & Dry Dock—1
New York Air
New
195
*185
56%
*56 >4
56%
1,200
*46%
'y
20
19%
357a
22 3A
24%
24
»A
24
23%
'56
238
121
238
44'A
239*4
*43%
44'/a
*43'/a
44*4
*43%
49
190
19%
19%
1974
19%
19
1874
1874
*46
190
6,300
*21'/a
22%
*21 */8
5,500
35'A
35*4
51
*190*4
109,500
141'A
136
135
195
*47
50
195
22%
•21*4
2274
*21
,
"46
*186
18%
33
10
Newmont Mining Corp
2474
24%
I per
Par
37
*36'A
237
EXCHANGE
VV:
Highest
Lowest
Share a
t per share
Year
Range Since January 1
STOCK
NEW YORK
Sales for
June 7
June 6
f
Friday
Thursday
Wednesday
June 5
June 4
June %
HIGH SALE PRICES
T"esday
Monday
107% Jan
12
54
Dec
O
111
*109
110'4
*109
*108%
110*4
*108'/a
109*4
110'/a
110*4
18%
18 '4
18*4
18
18%
17%
18 Vs
18%
18 Va
28'/a
29*4
28'A
29
29
29
Ohio
18
29,100
unio
Oil
29
pfd
4.40%
Edison-Co
1774
18'A
300
1874
18%
19
18%
19
1874
19
19'A
19*4
19%
19%
6,300
18'A
27%
27%
2774
27'A
27'/a
26%
27 Va
27 'A
6,300
Otts
2774
27*4
27
2774
24% Jan
29 s/a
29
29
112'A
*111
112
29'A
*111
*11474
15%
15'A
15*4
15
*160%
162
*160*4
*26'A
29
*26%
29*4
*27
28'%■
*73
75
*73
75
75
*73
164*4
164
164
60
*28
28*4
28
28 *4
28
28
400
76
76
76
80
75
*73
460
117
163
165
*162
162
162
162
15,600
15'A
*116%
117
11574
50
112
15
15 */8
1474
115%
*115
11574
*115
115
115
115
*11174
112
*111'A
15*4
15
15%
15
112
112
112
*111
-2,800
75
Oliver Corp.
6%
Outboard Marine & Mfg
Outlet
.
67%
67'A
67*4
67'A
67 3A
67
*4
6774
67 Va
4,600
Owens-Illinois
14%
15*4
14*4
14%
14
14%
14*4
14%
15
2,500
Pacific Amer Fisheries
15'A
*14%
15'A
13*4
13'/a
13'/a
13*4
1374
13%
133A
1374
1374
780
1374
14
13 Va
57*4
58
58%
58
5874
58'A
58'A
890
7
20'A Feb
28
307a May
8
113% Mar 14
1674 Mar
5
Jun
7
117
104%
Nov
157a
Sep
20 */8 Mar
23% Nov
105
2874
Dec
8%
108%
Apr
Oct
Oct
1174 Julv
99% Aug
8% Jan
108
Dec
19% Jun
7
2
28% Feb
16
18
Apr
Jan
26
164 % Jun
7
147
May
22% Jan
30
28% Jun
6
Mar
5
64
Jan
75*4
Dec
3
55'A
Feb
64
Jun
10%
Jan
13% Jan
23'A Jan
22
74
Feb
7
79
12.50
Co
Glass
67
68
66*4
4
111% Mar
par
58
Jan
2
69 3A Apr
13*4
Jan
2
11*4 Jan
20
No
Co
66 *4
Jan
155
_V100
2.50
preferred
2
107
No par
Elevator
3
11'/a Jan
——
24
10674 Jan
No par
4 '4 %
convertible preferred—100
Omnibus Corp (The)
6
8% conv preferred A
100
Oppenheim Collins
10
29
Mar 27
17
No par
Oo_
14%
Dec
24 %
Aug
157
Sep
P
*
57*4
57*4
57*4
57
28
28
29
28
28
28%
29'A
28'/a
28*4
28
39%
39%
3974
39%
39%
397 a
40
39%
39%
40'/a
5174
51%
51*4
51%
51%
51%
*517a
53%
53*4
54*4
53'A
*56%
51%
51'A
51'A
*130'A
131
130*4
131
130
171
•170
171
*170
171
7
7
7
7
67A
20
19%
*19'A
20
20
*
.
5'/a
574
5%
72
*69
6974
6974
55,400
Packard Motor
55,600
Pan
300
15
9,000
32*4
32'A
3274
109 '/a
10874
10874
640
•5%
5'/a
574
9.100
70%
300
*68
70*4
34 */h
34
3474
24,800
5.60%
4074
41
40 »A
40%
4074
4074
40'A
413 8
1,800
Park
2'/a
2*4
2*4
2'/a
274
9,800
Park
5,400
Parke
874
9
2074
21
2874
1374
31*4
3174
3174
2474
2474
25
25
800
8%
874
8%
9
4,400
Parmelee
2074
20%
2074
21
4,800
Patlno Mines & Enterprises
8%
20%
2074
71%
71*4
72'A
874
8%
*70'/a
2874
13%
13%
13*4
5%
5%
5%
Penney
7,600
Penn-Central
13
13%
2,300
1,500
Penn-Dixie
133A
13*4
13'A
13'/a
5%
72'/a
574
5%
2474
*71*4
73
*23%
24%
*24
*112
*112
39 74
40
397a
39
39
38%
38%
38%
36
35*4
3572
*35'A
83
83
83
82%
19'A
20
1874
19
1874
18%
22 S,8
22%
22*4
22%
2274
22%
37%
38%
36%
37'/a
3674
36%
39
97
*27%
109
*108
9*4
9'A
11',4
1074
II
22 >4
22*4
22%
22*4
22*4
22*4 <
27%
28
27%
28%
28
28 *A
277a
*62 >4
63
62*4
62'A
62'A
62%
627'a
111
*110*4
109'/a
110*4
l""
*10774
974
9*4
45 % Mar
5
27
Sep
37'A July
2'A Jan
24
2% Jan
3
1%
333/a May 17
26%
Apr
31% Aug
18'A
Feb
23*4
Co
1
5
,27'A Feb
28
8
93/i Feb
15
18'A Jan
22
24'A Mar
12
15%
Jan
5
72
May 28
51%
9
123
May 17
93% Feb
63A Mar
106
Airlines
Cement
—1
Mar
2174 Jan
10
No
..
10
127a Apr' 13
Jan
4
par
2
No par
62
Mar 26
Glass Sand
No par
19
Jan
3
100
112
May
5
Corp
preferred
Pennsylvania RR
Pennsylvania Salt Mfg Co
40
41
42 Va
10,800
Pere Marquette Ry Co
700
114
116
103 'A
2974
109*4
9'4
O
2,100
300
109
O
934
9%
2,400
11%
11'/a
300
18
X7Q% Nov
1874
112
Dec
:-Jan
33 74
Dec
Dec
Jan
32
55
Jan
70'A
Jan
17%
Dec
22'A
Dec
26 %
Dec
8
10 Vt
Jan
19%
Dec
Apr
20
54*4
Jan
96
Dec
103'A Jun
8
3374
Jan
65*4
8
21% Mar 27
26
Jan
2
19'A Jan
2
42*4 Jun
92*4 Jan
19
116
100
63
Jan
2
26
Apr
6
30
May 29
106*4 Jan
5
108
Mar 22
100
.
21%
May 15
No par
2nd preferred
Dec
Aug
>-75 V*
85
100
Dreferred
Milk Co
4 'A %
25% Mar
100
prior preferred
5%
Feb
Mar
40% May 29
2074 Jun
33'Ac
5%
Pet
16
110'A Mar
19
Pepsi-Cola
*28
37%
5.
29
36,400
100
1774 July
Jan
Jan
23'/a
97*4
Jan
18
Apr
Doc
Nov
9*/s
40
2 3'A
29*4
113
Dec
2*A
39% Apr
2374
Co
Apr
59*4
9
303/a Jan
5
Co
Apr
8
74
May 9
26*4 Mar 19
113
Jun
8% July
2074
24%
37'/a Mar 28
23
113
Jan
6'A May
Jan
Apr
10
2
1474 Jan
Ry
16
4%
Dec
13*4
33*4 Jan
100
Eastern
29% May 19
50
Peoria
&
2%
Apr
29'A Feb
21% Jan
par
Dec
"
par
5,400
37%
113
22
•2074
387a
2974
Dec
Jan
19'/a
x23 *A
97 '%
July
30
6
23%
112
61
109
Jan
Jan
18%
103
Jan
69
1874
114'A July
574 Dec
Jan
23%
100
1834
9274
300
36
Jan
45
G
Peoples Drug Stores Inc
Peoples G L & Coke (Chic)
82*4
112
1,700
39
Jan
2%
5
6
1,500
83
•28
16,300
109'A
Jun
3 4 74 Jun
59
5%
r
Mar 12
6'A May 11
109*4 Apr
$7 conv oref ser A
Penn
,
,
3974
38%
4 35%
300
.
-
19"% July
Dec
17
82%
35*4
37
9*4
24%
.
38%
3974
:
72%
*2374
*112
22'/a
108
9%
9'A
39
*35
36
72%:
-
2474
82'A 1
9%
9%
73
82'A
*18
29%
108
108
108
108
3874
82
93
*28
3874
39%
*35'A
1
112*4
93
2874
*28'4
29%
•28
93%
93*4
95*4
♦109
111
111
114
*93
38%;
36
94
38%
82*4.;
83
-
73
*24
*112
39.:
39%
39%
*35 y*
i
6
574
(J C)
Jan
par
Corp
Penn Coal & Coke Corp
119
120*4
71
No par
1,400
29'A
11974
16
323/i
10
No
11974
24%
39'A
Ford—
&
2874
73%
*112
Penick
29
*23%
•112
100
V
No
28%
•71
5%'
71
*70
Transportation
28 Va
121
*5% ;
*71'/a v
53A
71
Parker Rust Proof Co
28'/a
2874
133/a
*70
71%
121
122*A
122
21
6*4 Aug
Feb
2.50
3174
25
24%
72
No
32
72
; *574
'*23%
Co
Jan
17%
27*4 Mar 26
Mines—_1
31%
28%
v
Davis &
Jan
108*A
Inc ex-privilege—1
Consolidated
Utah
374
774 July
32*4 Jun
113
56
par
1
24%
2874
2874
*1374
& Tilford
Feb
8%
7'A Feb
Jan
1274
1734 Mar
108
100
Inc
32 3A
20%
121
121
120
preferred
25
8%
20%
•71'A
72'A
•71'A
No
Sep
4%
2234 Jun
May 23
43/a Mar 20
100
Pictures
2
Mar 26
—1
32
r
9
20%
Line—No par
Inc
Jun
1374 Jan 31
29*4 Apr 26
167a
b
& Ref
2474
2474
8%
*2%
2'/a
2%
2*4
33
Cos
conv
41%
2%
5*A Jan
No var
Transp
Pipe
Prod.
Paramount
4074
&
preferred
Paraffine
34%
32%
East
Panhandle
33 54
24%
227a Mar
16'A
Airways Corp.—2*4
Petrol
Panhandle
4%
*108
*108
American
Pan-Amer
34'A
32%
107%
22
*1474
15
333A
25
•111
6%
2274
674
6 74
21%
33%
23/B
274
119
v
33*4
24 74
3
10
X3374
32%
*
Jan
Oil Corp
Car
4174
•4174
774 Jan
Pacific Western
& Teleg
preferred
3374
3374
8
1,200
*68
*108
*108
Mar
20
5%
71
*69'/a
71
71
'
*108
•»—'
•108
6
6%
32 */8
57a
5*/a
163
1974
108%
109
1G9
5%
5*4
5%
32*4
32%
32%
109*4
123 Va
Jan
1
*14'/a
15
*14*4
15
14%
Apr
149
Pacific Tin Consol'd Corp
*14%
32'A
117%
171
4,700
1474
103
131*4 Jun
3
7
674
15
3
Jan
Telep
2174
32'A
Jan
Pacific
60
6%
109
Dec
121'/
160/2
220
21*4
31%
Dec
100
100
132
6%
103%
4274
171
20%
32'/a
Jan
171
6%
109
25*4
*191
21'A
1474
54'A Jun
48
38'A
171*4
6%
32
Dec
Dec
Mar 27
par
131'/a
20%
•10874
35%
48
17074
6%
Dec
Jan
No par
20%
2574
Jan
Jan
No
6%
Jail
39%
Mills
20*4
Sep
Apr
30
Lighting Corp
674
17'A
14%
13
48%
*
40 'A Jun
Pacific
20%
3
Jan
Sep
527/8 Apr
2,300
6%
32% Apr
8'4
39
3
6,100
20%
17
2
51%
7
Mar
24
5474
-19%
15% May 21
15% Mar 17
60
Jan
517-a
19%
9
Jan
54
6%
Mar
34'A Jan
5374
67/a
6%
20
20
45'A
24
25
Electric
&
Gas
51%
'53
131
171
6%
7
19%
Pacific
Pacific
51%
54
*170%
17,600
131 *A
5174
131
130%
171
550
40 Va
3974
10
preferred ncn-cum
No par
2nd preferred non-cum—No par
1st
28%
*28
B
Inc
Co
Coast
Pacific
Petroleum Corp of America
5
8
Jan
2
974 Feb
Pieiffer
1
93/a Jan
2
1174 Mar
22'A Jun
Dec
28% July
105%
Oct
107*4
Nov
7
Sep
9'A
Jan
3
1
2374 Mar
Dec
28
■'■T'.
'
*11
111
11
*10%
•
111
26 Va
26*4
26
26*4
2574
26*4
Va
27%
27%
27%
27 %
2774
27
*
119 *A
36 Va
123
*119'A
*113%
*109Va
111
17
*109*4
115
50*4
18
22*4
22%
2274
23
23
23
28
27*4
2774
27%
27%
17,800
63
6274
63'4
63%
63%
1,700
110
110
110
2574
27%
26'/«
2774
2774
121
123
*120
25%
3674
36
116%
117
111
*111
lll'A
19
19
20
*116
120
-50 %
50
5014
18'A
18
11
111
III
50'A
50%
11
116
3674
115
115
11
116
36*4
114*4
18%
18
•113
'
115
36'A
113*4
115*4
123
►119'A
123
36
3674
•
18'A
*17'/a
29%
30
18'A
29* '%
35%
19*4
*114
20*4
50*4
50
*17>A
29 "2
•111
20'4
•114
118
50
'17'A
18
29* '2
29%
11
110
2574
2774
121
36'A
117
lll'A
21*4
118
50*4
18
2974
3.300
250
112
110
13,000
26
2574
1,300
2774
2774
121
3674
10
37
*120
5,500
2,300
117
117'%
*111
lll'A
100
2174
2,300
21%
*114
30
120
50'A
8.400
50%
17%
300
17'%
2974
30
1,400
30
30
•107
108
108
108
*107
108*4
*107
108*4
*107
108 *4
*107
108'/a
*117
135
*117
135
*117
135
*117
135
*117
135
*117
135
*6%
84
8%
94
*18%
85'A
86*4
94%
94
187-.
19
7%
.*1874
1874
7%
23
18%
93*4
18%
86
9>A
93%
1874
*193
205
674
774
7%
10*4
77a
10
7%
1074
*103
7%
10%
8
10%
*105
57 3 4
56*4
5774
57*4
58
C2%
8° 'A
82 *4
83 %
81 >4
83'A
16%
39'A
42*4
22 74
16'A
*31
22'A
22%
-
*■
,
43 34
96
23
41*4
42%
*195
16
96
16
96
41*4
*1°5
*195
16
15%
*91
96
2274
23-
22 %
674
85
-
~
1,500
8574
1874
*200
5,700
93%
%
2.300
974
9'A
93
100
■
390
18%
1,700
'
■
'
—
—
320
'
7%
8%
26.400
107a
10%
4.100
*105
5674
3774
674
*191'A
205
58
4
96
•22%
18%
94*4
*205
10'A
*105
*90
9
9
9
9334
85
*193
*101
16 *4
34 3
19
85 */2
674
84
56%
16%
94*4
85
6*4
*205
—
"81
36
•195
16*4
94%
94%
10'A
10
84
9
6*4
*193
*101
57%
85
9
9%
7%
7%
6*4
85
85
20>
205
10*.4
35%
:•
*193
205
10*8
*81
*674
674
*8%
9
*103
57*/a
30
674
6*4
*198
•202
,
56%
*82
41%
2,610
110
43
*195
&
$6
$1
4.4%
4%
Phcenix
$4
Pitts
preferred
C
C
6%
Pitts
112
par
21'A Jan
2
26'A May 29
19
par
25
2
28 */4 Apr
100
No
$5
conv
14,600
16
2,800
95
95
95
30
Co__No
Pitts Screw & Bolt
l
100
100
No
par
No
par
82
Feb
96
> Oct
113
6
11'A
Feb
Apr
21% Jun
120
Mar
24%
5,300
May 11
18%
12.600
Poor
1974
20
13,100
Pressed Steel
*19'4
•19 >A
20*4
*1974
►58
20
59%
59'A
5«%
59%
5974
62
62%
62
62*4
62
62
20
60
61*4
Pond
5%
300
3,200
5%
Creek
&
Co
&
9
Jan
Co
2d
Nov
Apr
14 V4 July
23%
Feb
28
July
105 */8
Nov
108
Dec
2
5
Jan
874
1
61
May 24
108% Feb
28
6y8 May 22
8*4 Jan
82
Feb
26
8*4 Mar 22
85'A Jan
15
153A Jan
94
Mar
10'A Feb
96
Mar
May
92*4
7 Va
Apr
1074 Nov
7
68%
Feb
90
31
20
Jan
2
205
Apr
27
6Va Jan
4
9
Feb
19
8*4 Jan
2
Mar 10
1034 Mar
20
105
1
May 28
3
May 28
11%
Jan
17
Dec
Jan
171
Mar
183
Apr
190
4%
6%
Jan
Apr
61%
Jan
73
Dec
22%
Aug
57% May
11'A Jan
17% Jan
No
par
24*4 jan
par
12% Jan
8
18'A Jun
7
1
1678 jan
22
21'A Apr
27
5
17*4 Jan
30
20% Apr
27
11% May
59% ,Tan
21
63
Apr
27
35% May
6274 Jun
4
5274 May
par
55
175
"
Dec
100%
Sep
96
6
9% July
Sep
45
27
43% Jun
__
.Aug
674 July
82
74*4 Jan
—50
Dec
Nov
164*4
5
„
190
1774 May 22
No
Dec
Jan
19
2
Inc
preferred
Gamble
16% July
117
48% July
No
B
Car
119%
Sep
19
1st preferred
conv
Procter
42%
5
Pocahontas
class
conv
x98
Jan
Plymouth Oil Co
17%
200
6
100
18'A
27'%
8
8
12% Jan
Preferred
20
♦
8
21
17%
9
117% Jun
Apr
1
(The)
1°%
237),
July
100
Co.
2074
60%
37
100
pfd
Young & Ash pfd
19%
61*4
Jan
Pittsburgh & West Va
Pittston
Oct
24%
84
pr
Oct
4
Feb
conv
117
19.
May
68
class
16
Dec
Apr
38
100
20
61
26 74
58% Jan
ser
19%
61%
23% May
49% Mar 27
1st
1^4
*58%
Jan
100
preferred
5*4%
1"%
*58
21%
A
5%
19%
*19%
Dec
May
99
19'a
20
108 74
100
17%
*19%
Jan
B
2674
20
88*4
9
30
2
par
No par
Pittsburgh Forglngs Co
Pitts Ft Wayne & Chic
Ry
7% preferred.
4
*?6 %
May
May 23
Jan
.100
preferred
16 >4
27
Dec
59%
20
23
8%
Nov
175
Nov
Jan
14%
Oct
Mav
83%
Nov
Jun
6
2
2 5 74 Apr
30
16%
Sep
19'A July
3
28
27
19'4
Jan
25
8%
Api
13%
11%
Apr
..
27
Dec
26 74
Jun
Mar
Jan
107
7t
Feb
49 *A
55
25
„
Apr
20%
2
11
25
40*4
1
May 22
100
100
Pittsburgh Steel Co
7%
preferred class
Mar 29
44*4 Jan
par
No par
RR
20
Jan
111
5
Louis
6
1474 Jan
100"
4
107% Feb
par
122
90
100
Chemical
&
9
31% Mar 27
10
No
Jan
xll9'/8 Apr
3
preferred
Coke
26 3
2
Pittsburgh Coal of Pa—
1*74
page
106*4 Jan
No
com
—
& St
27*4
Pee
par
Pillsbury Mills Inc
IS >4
fnnfnntes
64
Hosiery
*26%
For
2974 Mar
25
preferred
15
5974
23
Jan
No
com
Phillips Jones Corp
7% preferred
Phillips Petroleum
15%
62
5
Jan
57
preferrcn
*2r5'A
62
24% May
25
Corp
Philip Morris & Co Ltd
16'8
*58
Co.
2
25
50
Philco
27*4
20
new
No
preference
16*4
*19%
Inc
preferred
Phila Electric
*26 *4
27*4
Co
'
16
24
(Chas)
Phelps-Dodge
Corp
Philadelphia Co 6% preferred
Pitts
58 'A
83*4
16%
23 7 4
Pfizer
Brewing Co
Mar 27
Apr
69
May
Dec
Volume 161
Number 4393
THE COMMERCIAL & FINANCIAL CHRONICLE
LOW
Monday
Saturday
S
*
share
per
per
AND
HIGH
SALE
Tuesday
June 4
June 2
share
1 per share
S per
21%
2 2'A
21%
21%
108
108
107%
108 Va
108 Va
109
114%
114%
114%
115%
115%
116
119
119
118 Va
119%
119%
120
*131
132
131V*
132 V*
132
115%
115%
1163%
53%
53%
*9%
19%
22'A
FHd<»v
share
$ per
share
Sales
June 8
June 7
the Week
S per
share
for
21%
22 Va
21%
108
109
108 Va
108%
108 Va
108%
940
116%
115'A
115'A
115
11534
750
bJo
119%
120 Vt
119Va
120
119 Va
119%
750
1%
Lowest
prcierrecl_;
preferred
132%
133
133%
X16 Va
133
13.3%
116%
134
134%
350
8%
preferred
*116
116 Va
27,800
116%
lib Vis
116%
53%
52%
53%
52%
53
52%
53%
52 %
53 V*
8,100
19-a
19%
19%
19 Ve
19%
19 Va
19%
19%
19'A
18,100
114
*112
114
*112%
*116
160
114
*110 Vis
114%
*111 Va
*107%
108
108 Va
xl 06%
107 Va
*107
108 Va
25%
26
26
26 V*
26 V«
26 V*
26 Va
3,300
*16%
17
16%
r-4 CO
17
17
16%
16%
*16%
11%
12
11%
12%
11%
12%
11%
12
11%
12%
86%
85%
86%
86%
86%
108 Va
25%
Gil
(The)
No par
No par
conv
share
2
16
13%
109% May
30
116% Jun
17
par
I per share
22% Jun
Jan
Jan
Jan
Jan
183»
Jan
109 3a
Jan
113% Nov
113 Va
Jan
122 Va
113%
Nov
119%
37%
Jan
52% July
14%
Sep
18
104'A
3
138% May
Jan
118
26
18% Dec
96
123% May
22-
I per share
87 %
4
24
1914
Highest
Lowest
54% Apr 30
21
Mar 7
Dec
Oct
Dec
Feb
Mar
Jan
115 V*
Nov
Jan
108 Va
Dec
Jan
24%
Oct
100
preferred
Bakeries
111% Mar 26
115% Apr
9
10C%
100
preferred
5%
f per
102% Feb
106% Jan
110
Jan
121 % Jan
115% Apr
47 % Jan
100
100
100
2--.No
—
6%
Purity
17
No par
;
Pullman Inc—
400
26%
Va
I per share
No par
Pub Ser El m Gas pfd $5
.113
107%
26
Pub Serv Corp of N J
Pure
Year
Range Since January 1
Highest
,
$5 preferred
114%
22
116%
107%
108
.
26%,
Range for Previous
STOCK
^2
26%
*107
YOKK
EXCHANGE
Par
191/4
*112
NEW
Shares
53
.114
*112
STOCKS
Thursday
June 6
22
21%
PRICES
Wednesday
June 5
2569
106
108% Jan
6
103
27
Feb
8
19%
18
Feb
16
12%
Jan
16% Aug
May
4
No par
23% Jan
2
II
Corp
15% Jan
22
Q
-so
.
17
*16%
17
300
Oil Ref Corp
Quaker State
R
86%
86
86
86%
8%
9%
8%
9
96%
96%
96%
391/4
38
*86
*38
8%
9%
9
97
96%
96%
97
38
*37%
9
98
*37%
98
38
*37%
18%
18 %
18%
18%
19%
36%
36%
36%
36%
37
26%
26%
25%
26%
26%
27%
48
48
48%
48%
48%
44%
44%
44 %
26%
27%
48
48
48
*44%
44%
44%
44%
20 %
20%
20%
20%
134%
1341/2
134%
27% \ 28
*47
%
*76
.
28
*100%
24%
19%
25%
*109
111%
15%
16
106
106
*73%
111%
Reliable
28
102
24'/*
8%
15%
24
8%
23%
24%
*109
105%
X27%
*100
24%
*111
15%
106
29%
8%
23%
*109
30%
30
27%
27%
101%
24%
*100
23%,
9 Va
9%
X23%
24
110
28%
9,300
Remington-Rand
101%
4,900
9%
32,900
23%
60,800
*109
110
100
16
15%
15%
15%
106
105%
105%
*1053/4
15%
20%
20%
x2Q3/4
21%
4,200
104%
*104%
105%
240
21%
21%
21%
21%
104 %
104%
1041/4
104%
104%
*19%
20%
19%
19%
19%
19%
19 V*
19%
19
19
19Va
19%
1,300
34%
34%
34%
35%
34%
35
34
34%
34%
34%
34 %
34%
11,400
*39 Vt
39%
*39'4
39%
*39'%
39%
39%
*38%
39%
39%
39%
*18%
18%
18%
18%
18%
18%
18 V*
18%
18%
18%
18%
18%
1,000
12%
12V8
12%
12 V4
12
12 Va
4,800
12
12%
11%
25%
25%
251/2
11%
12
25%
*8.P
24 %
*38
*8
81.4
25%
*8
8%
21%
104%
105
*38%
25 %
25%
12%
25%
25%
8%
*8
8%
105
8
24»%
23%
24%
23%
24%
38%
39
39
39
39
39
20%
21%
20%
21%
20%
21
20%
42%
43%
42%
43%
43
43%
22%
22
22%
22
22%
241/4
24%
39
20%
23%
25 Va
25 %
7%
8
23%
23%
25%
1.300
8%
3,500
38%
500
20%
20%
20%
12,500
42%
43
42%
43
22 Va
22%
22
22%
115%
115%
*115
39
Feb
20
85 Va
Jan
107%
39% May
7
19% Feb 20
28'A
Jan
333,4
12'A
Feb
18
38 % Jun
28
Feb
343/4
29 % Mar 19
15%
Jan
213A
Dec
49
32%
Jan
42 V*
Dec
27'A
Jan
36%
Dec
5%
Dec
Jan
Mar
Jan
Jan
Mar
Jan
Jan
99
15
26
2
30
5
31
1
No par
Corp
8%
19%
104%
102 %
11'%
87%
15 Ve
8
Va Mav 14
45
Jun
8
24% May 23
22
Jan
4
Jan 16
Jan
2
Jan
5
98
Jan
2
14 Va Jan
2
3134 Jan
2
37% Mar 13
16% Mar 27
10% Jan 2
16 % Jan
2
6% Jan 22
19 % Apr 10
33
Mar 26
18 % Jan 22
Dec
Jan
Dec
July
Dec
Jan
13
7
90
Jan
155
82% Jan
2
50%
Jan
85 V*
Dec
May 28
11%
Feb
18
Nov
18
Feb
24
Dec
14%
Apr
233A
X83 % Mar
99%
Nov
16
Aug
21%
July
24
30% Jun
8
28% May 18
102
May 15
Jan 22
Jan 3
July
Jun
135
17
3
Co
Oil
10% July
5
-
2,000
24
*37%
*38
Mfg
Richfield
80%
Apr
15% Jan
—1
No par
Ritter Company
i
No par
Roan Antelope Copper Mines
Royal Typewriter—
——
1
Ruheroid Co (The)
No par
Rustless Iron & Steel Corp
1
Rheem
Jan
7%
99% Jan
——————-—10
Common
10
69%
6
1
—100
100
Revere Copper & Brass
No par
5%% preferred
100
Reynolds Metals Co
No par
5%% conv preferred
100
Reynolds Spring
1
Reynolds (R J) Tob class B
10
180
21%
1
lac—
Motors,
Republic Aviation Corp
Repuollc Steel Corp
6% conv preferred
6% conv prior pfd ser A
8,800
106
104%
21%
Reo
17
25
Preferred with warrants
200
24%
20
15%
21
Reliance Mlg Co
5
87% Apr
9% Feb
2
Jan 15
Mar 26
Jan
2
70'/a Apr
2
17
Jan
9
22 % Jan
3
22% Jan 22
—No par
10
Corp
1,700
112
105%
15%
106
Stores
12
12% Feb
7834
7%
91
34%
16
34%
19 %
43
36%
11%
116% Apr
1st pfd——100
& Co
30%
♦111
*111
110
*23
5
—100
—
(Robt)
-
.
Hosiery
Preferred
700
27%
110
non-cum
Silk
Real
24
*100%
110
2,000
i%
1,200
20 Va
24
28%
9
45
*23
24%
24%
*20
Rels
100%
110%
44%
Va
20%
1
—25
50
1st preferred——50
2nd preferred—-50
non-cum
630
24%
8%
44
4%
80
27%
23%
700
135
100%
110%
16,700
49%
75%
29%
8%
27%
*132%
29%
24%
26 %
*48
No par
Raybestos Manhattan
Rayonier Inc
$2 preferred
Reading Company-
75
30
8%
8,900
2,060
3 35
29%
*110%
19%
38%
75
29%
23 %
8%
*110%
44 %
*20
24
24%
200
19 Va
36%
135
24
28%
37%
19 %
_
-
8% Apr
10% Jan
Amer
No par
$3,50 conv 1st preferred—No par
Kadlo-Ketth-Orp" mm
1
6% conv preferred———100
Corp of
75
24
103
2.030
Radio
150
23%
27%
98 Va
3.7
20%
23%
x24i/4
27,100
55,900
135
*134
75
*100%
*105%
21
133
75
28
15%
*20%
133
*29
23%
*109
44 %
76
103
8%
1
*22%
29%
23%
*47
*74
76i%
23% •23%
*29
•
18%
1,400
9Va
37%
38%
18%
85 Va
98
36%
%
8%
98
18%
12'Za
X85
9%
36%
18%
*36
134
39
9%
11%
Jan
30
8 V*
27% May
1
9% May 18
24% Jun
5
Apr
16
Apr
Dec
Dec
110% May 28
99%
Jun
105
Dec
110% May 18
87
Jan
102 Va
Dec
18
Apr
6%
23
Jan
12 V* July
88
Dec
16 V*
Dec
106% May 14
22% May 21
63
Jun
106
10
Jan
Mar
8
85%
Apr
21% Mar
6
8'A
Jan
15 V* July
35% July
39% Nov
35% May 31
28
Jan
39% May 31
36
May
20% Feb
7
13
Jan
13% Feb
28
24
May
13
1
8% Mar
8%
100
Dec
19 Va
Oct
Feb
11% July
Jan
17%
Dec
1
5 Va
Apr
25% May 18
39% May 19
17%
Jan
24 V* July
25
Jan
34% July
213/4 May .18
14%
Jan
23
Feb
9
Jun
S
*43%
441%
22%
22'4
*113%
•*>o
*113%
116
116
*113%
116
*113%
116
10%
10%
10%
10%
10%
10%
10 Va
10%
10%
58%
58%
57%
58
57%
57%
57 '/a
57%
57%
58%
*106
50%
*111
*106
108
50%
50%
-
112%
24%
24%
24%
*7%
*7%
7%
121%
121%
22
*110
121
21%
22%
112
112
8%
8
8%
21%
21%
*92
15%
*75
17%
*63%
27
6%
21%
*93
94
112%
*50
*111%
24
7%
*7%
121%
120%
21%
22
112
*112%
*34
*341/4
38
*34
120
93%
8 Va
8%
4,800
Shamrock Oil
21%
21%
4,300
i—No par
—No par
Shnrpe & Dohme,
No par
$3.50 conv pref ser A——No par
Shattuck (Frank G)
No par
Sheaffer (W A) Pen Co
No par
Shell Union Oil—
IS
Silver King Coalition Mines—
5
Simmons Co
;—No par
Simonds Saw & Steel
No pal•
93
14%
27%
27%
27%
27 Va
6%
6
37%
37%
35
34%
163/4
17%
*63 Va
67
27 Va
27%
94
15
11,400
76
200
16%
1,700
67
27%
6,900
6%
5.200
6%
6!/8
37%
37%
38
34%
35%
35%
200
4.000
16%
16%
16%
16%
16%
34,000
49%
51 %
49%
50%
49%
49%
2,800
Skelly Oil Co—
17%
17%
17%
xl 73/4
17%
2,500
Iron——20
-No par
Smith (AO) Corp
—
10
Smith & Corona Typewriter-No par
Socony Vacuum Oil Co Inc—
15
South Am Gold & Platinum
—1
Southeastern Greyhound Lines——5
South Porto Rico Sugar.,
No par
8% preferred
——100
Southern California Edison—,—28
Southern Natural Gas Co
7.50
Southern Pacific Co
-—No par
Southern Railway
——No par
5% non-cum preferred
—100
48
17 34
18'A
17%
18%
17%
243A
24'A
24 V*
23%
23%
*23%
24%
*23%
661/2
69
69%
71%
66%
70
63%
70
*22%
*32%
32%
32%
32%
33
*32%
32%
32%
32%
16%
161/4
16%
16%
16 Va
16 Va
4%
4 5'8
4%
4%
4 3/a
4%
22%
48
22%
*22%
47%
23
48%
48%
165
165
30%
30%
30%
20%
167
165'A
16%
16%
*223/8
24
33%
333;,
34
33%
%34
1,200
23
4%
4%
22%
22%
49%
50'A
*167
167
50%
49%
170
30%
30%
172
y
9,000
1,100
50%
10,300
so
>167
40
172
30%
30%
20%
*167
49%
39,100
4 3/4
22%
16
4%
22%
16%
4%
*22%
16%
4%
21
30%
30%
30%
3,700
20%
20'»/4
2,200
49
20%
20%
20 Va
*20%
20%
20%
48 Va
483/i
47%
49%
50
34,100
49'A
48%
49%
48
47%
49%
45%
44%
45%
46%
19,600
45
45%
46
45 %
46%
44%
44%
46%
79%
79V2
80
78%
79
*79
78%
85
84%
14'4
141/4
*83%
*14
7%
14
7»/2
7%
14
14
79
79
*85
87
79%
84'A
85
85
143/8
14'A
147/a
14%
7%
73/4
7%
7%
13%
14
.
14
13%
*84%
15
7%
14%
88
88
*84%
88
*84 3/4
88
37 V2
38
*37 V*
37%
*37 %
37%
37%
*37
28%
,28%
28%
*84%
29
28%
29 Va
28%
29
70%
70%
72
70%
*70
71%
70 3/4
*70%
*53%
54%
54%
541%
543A
54%
*53 Va
16%
16%
16%
16%
16%
16%
89
89%
89%
89
89%
89
41
41'A
41%
at !4
41
111%
110%
111%
*71
54%
*71
72 Va
*109
*119%
71 Vt
72%
109'A
113
109
37%
113%
6 3A
37%
*113
6%
78%
78
90 V*
90%
37%
*37
37%
200
31%
30%
30%
71%
69%
*53%
54%
.
560
72%
41%
112
72%
*41
112
*71%
72
110
*108%
*108
109%
*108
36%
37%
37%
111 %
113%
6%
*
6%
41%
*109%
37%
*ii3
6%
110
109%
37%
113%
6%
413/8
41Va
1,800
*109%
110%
160
72%
500
1093/4
130
72
109
*108%
37%
*113
6%
%
10
373/a
4,900
109
21,400.
7%
77%
77%
77%
*77
77 Va
77%
89%
89 Va
89%
90%
89%
90
89
42
Va
37%
62%
42%
42'/a
42%
10,300
37%
37%
42%
43
42%
42%
37%
37%
37%
38
63%
62%
63%
62 3A
62%
22 %
22%
*77
22%
61%
37%
62%
11,600
63 %
22%
22 Va
22 Va
9,400
22 Ve
22%
#
22 %
poi/,
131%
11%
11%
11%
37%
37 Va
37
37
11%
11%
11%
111%
11%
37%
37 Va
37%
37%
37%
129
130
*1°7
500
2,000
l?n
11%
*127%
131
13,400
209
11%
13,800
*36%
37 %
400
76 Va
763A
2,100
113/4
series "A"
$2 preference
'
Spiegel Inc
-
Squibb (E R) & Sons—.
$5 pref series A—.
—
$4.25 preferred —
Brands,
No par
No
Standard G & E Co $4 pref—No
$6 prior preferredNo
$7 prior preferred-—No
—;
preferred
—100
Standard Steel Spring—
1
Starrett Co (The) L 8——.-No par
10
Sterling Drug Inc—
76%
76%
76 V*
76%
76 %
76%
76
21%
20%
20%
10,700
21%
20%
20%
21
20 Va
20%
20%
20%
16 Va
5,600
16%
16%
16%
15%
16 '/a
16%
16
I6l/a
193/4
20
19%
19%
20
19%
1,400
20
19%
20
46,400
15%
15
14%
14%
14%
14%
Stone
14%
26%
27
2 6 3/a
19.000
Studebaker Corp (The)
27
26%
25%
20
20
13'A
15 VB
14%
15%
15
26%
27%
26 Ve
26%
26%
26%
62%
62%
62%
62%
62%
124%
124%
*124%
*62
125
125
*19%
*
6%
6%
125
6%
62%
*124%
6%
62%
125
6%
62%
125
6%
62%
125
6%
6»A
6%
6 Va
12%
12%
12%
12 3/a
12 %
12%
12%
12%
12%
12 V*
26%
27
25%
26"%
26%
26%
27
26%
25%
*112
26
114
110
111
*111
114
110
110
109
109
*62%
63
500
prior
5%
170
Class
6%
6%
35.000
Sunray
12 %
12%
8.300
27%
22,600
112
500
A pfd
(4%%
-1
Mining
.
20
cum)
1
No par
100
1
Oil Corp
Sunshine
——8
No par
Bun Oil Co
124%
26%
Corp2
Camp Ine_—/.
preferred—'
Webster—
&
124%
*109
—25
—25
4%%
Stokley-Van
Co
Superheater Co (The)
Superior Oil of Calif
May 16
108'% May 1
23 % Jan
7
Mar
3
8
99% Mar
9
17 Va Mar 26
111% Jun
8
Jun
16% Jan
78
Jan
12% Mar
74
May
13% Jan
59% Apr
25% Mar
53A Mar
32% Jan
3Q% Feb
15
1
1
22
3
27
Apr 20
Jan
Jan
Jan
Jan
Jan
2
20
31
22
80% Jan
5
22
24
27
2
2
27
24
47% Jan 12
54% Jun 2
12% Mar 27
9
37% Jan 10
Jun
4
Jan 20
May 25
May 28
28
Jan
2
111% Jan 2
2% Jan 2
10o
No par
28
118% Jan 24
9% Jan 22
35% Jan 20
62% Jan 2
16
Jan 22
10% Jan
18%
10%
18'/a
57 Va
124
6
10
23
79
2
Jan
2
Jan 24
Jan 2
Jan
4
Apr 12
Mar 27
Mar 9
Mar 26
Jan 3
Dec
5
39%
Feb
23
105
Jan
109 Va
Dec
37'/a Mar
45 Va
Nov
May 29
113% Jan
29
Dec
109
Feb
115
Nov
108 *
Jan
110
Jan
1113/, Jun
7
Feb
19
20%
Sep
8 3A Jan
8
2%
Jan
8 Va
Dec
84
Feb
106%
Dec
16%
Feb
28
122'/a May 28
22% May
7
25% May
24% July
113 Vb Mar 17
10'/a Feb
23 Ve Mar
95
14
7
May 16
15% Jun
1
78 Va Mar 30
17
4% Jan
3
21
Mar 26
40 Ve Apr 4
Dec
9>A
Sep
23
2
Dec
115%
Jan
8'A Jan
15% Jan
110%
58
108
101%
51
38 Ve
Jan
7
41% Apr
35% Jun
22% Mar 1
48% Jan 22
30
Jan 3
13% Jan 2
76% Jan
111
May
HOV4
30
11% May 19
60 Va May
21
2
2
Mar 26
11% Jan
6% Mar
7% Jan
80
Feb
32
Mar
27% Jan
9
28% May
2
26'/a
17
38%
32%
64%
27 V*
5
17
67% Jan
41% Jan
155
46'A May
23% Apr
115% Mar
15
23
26
27
38V* Jan
2
33% Jan
2
56
Jan 24
20% May 10
of Ohio...,—.——19
Stewart-Warner
May 14
Mar 27
Jan
2
Jan
4
Feb 23
67% Jan 23
78% Jan 23
Standard Oil of New Jersey
76 V*
16 V*
par
Jan 23
Apr 13
par
pat"
Standard Oil of Indiana
Standard Oil
20%
16%
-oar
37
21%
111
8%
38%
106
x42%
111%
No par
of Calif
Standard Oil
76
16%
—100
-No par
No par
-No par
Inc
preferred
par
———1
Square D Co_.
5% conv preferred
Standard
-No par
2
preferred—No
$4.50
Conv
76%
*37%
No par
No par
(The)—«t
Bpicer Mfg Co
—
—No par
$4.50
113%
6%
Spencer Kellogg & Sons
80
8,600
Inc———1
No par
——-—1
Sperry Corp
500
69%
54%
16%
112
Spear & Co
$5.5 J preferred
20.700
90%
63 %
11%
54%
1,800
16%
37%
13S
*70
14%
88
89%
43
22%
28%
14%
*84%
16%
42%
*128
37 %
14%
88
100
tr ctfs
stk
sparks Wlthlngton
14.000
89%
37%
22%
14%
*84%
7%
16%
42%
135
7%
89
37%
22%
7%
Ohio
Spalding (A G) & Bros
8.0C0
16%
37%
*129
7%
15%
89%
42%
63 3 8
14%
89%
90%
63
14%
&
Mobile
J 20
87
6%
78%
89%
14%
*108%
113%
*85
16 %
41%
,
71'A
109
87
77%
7
6V»
77 %
*85
1,200
89 %
.
112
109
110%
*111 Vt
37%
109 %
36%
110
3 7'A
*110%
*109 V*
110%
*1C9V»
111
41'A
78%
&
preferred
$1.20
1,200
33%
24
—15
Steel
Sloss-Sheffield
110
22%
30%
30%
16
16 %
203/4
79%
No par
Corp
16%
49'A
17%
*
Sinclair Oil
16%
48%
48%
47%
*75
16%
48%
165
14%
14%
:
Corp
$5 conv preferred
60
16%
16%
*17%
22%
*93
93%
76
Steel
Sharon
& Gas..
1
8%
*63%
48
*32
.No par
22%
66%
..
-
--
No par
—1
8%
*63 %
*34
$4.50 preferred
8
—
Inc
21%.
8%
22
65%
35
8ervel
5,300
17
6
No par
Seagrave Corp
Sears Roebuck & Co——
21%
17%
37 Va
Seaboard Oil Co of Del
200
112%
16%
6%
-
6,400
21%
17%
38
Paper Co_
7%
112%
*75
6
-
120%
21%
14%
37%
Corp
preferred——
$4 preferred—
20
112%
75%
27
120
-.
$4.50
3,100
24
21%
14
6%
*73/a
7%
120%
Scott
40
*112%
21%
112%.
75%
27%
35
7%
120
24
5% %
800
50
114%
*111%
24%
15
*63%
*49
111%
76
65%
50%
114%
14%
*63%
35
93%
94
200
Corp
Distillers
preferred
Schenley
7,900
24%
*75%
15%
17%
38
112%
8%
17%
6%
21%
*112%
59
108
preferred
Savage Arms
10,000
58 3/8
111%
7%
21%
108
10%
*106 Va
*113
*113
121%
*21%
*92
50
24%
7%
8%
77
50%
120%
7%
122
22%
17%
27%.
23%
8%
94
*106%
*111%
24%
22%
17%
6 %
113
113
106%
113
8%
14%
271/4
*50'%
50%
22%
*75%
65
106 %
108
*111%
24%
15%
38
16%
50%
*106
7814
38
.
112%
108
*111
*110%
•
103/s
10%
6%
10
116
Stores
Safeway
14,000
—10
—5
100
,—5
-3%
-100
No par
No par
No par
Lead
St Joseph
2,200
"9
8
Dec
13
May
18% July
Jan
78% July
63%
Dec
11%
Sep
14% Mar
72
Jan
76 Vi
Oct
9 Va
Jan
153/4
Oct
3
48%
Jan
61 Va
Dec
8
20%
Sep
28Va
Apr
18 Va May 29
8
3
May'
7%
Dec
24%
Apr
35 %
Sep
23
Apr
31»A
Dec
17% Mar
7
10%
Feb
16
Dec
54'A Mar
7
35
Sep
42%
Jan
19% Mar
6
13%
Apr
18 V*
Jan
24'A Jun
5
22
Jan
23%
Jun
29%
23
Feb
54'A
Dec
Apr
31V*
Dec
12
Jan
14% July
77
Feb
35
Mar
26
7
17% Apr
24
53/„ Feb
1
3%
Jan
23 % Mar 19
20 >/B
Dec
213/4
Dec
50% Jun
28%
Jan
45%
Dec
167
Jun
8
5
141
Jan
5
V* July
162
Dec
30% Jun
8
22%
Apr
26%
Oct
21
Jun
6
13 y0
Jan
17 V*
Aug
50
Jun
8
23%
Jan
43 Vb
Dec
47% Apr
80% Apr
25
20
25
Jan
34%
Dec
40%
Jan
69
Dec
May
8
54
Jan
82'A
Dec
15% May
9
12
Nov
13 V*
Dec
89
8 3/« Feb
7
4%
Jan
73/4 Aug
15% Mar
1
5Va
Jan
9
jun
25
55
Feb
75
Dec
38% May
8
28
May
35
Dec
31% Mar
7
22% May
36% Jan
87% Apr
72% May 29
56
May
45% Apr
48
Sep
13%
Dec
2
17% May 29
92% May
293/4 Nov
6
Jan
7
50%
Feb
793/4 Nov
24
33 Ya
Jun
38%
116% May
8
110
Jan
72% Jun
6
57
Sep
113% Jan
5
114% Mar 16
37% Jun
4
114% Mar
1
111 %
108
273/4
110
115
64 Va
Dec
Dec
Feb
Apr
115
July
May
113
Dec
Dec
Jan
2% Nov
33% July
116
Sep
4 V4
July
Feb
19
33%
Feb
74%
Dec
92% Feb
19
40'/«
Feb
85%
Dec
7
34%
7% May
80
45% May
38% May
65 % May
2
8
8
23% Apr
18
Feb
13
Sep
31
Sep
50% Sep
137
110%
Sep
39% July
34% Jan
58% July
lia
Dec
12'/a May
7
6%
Jan
11V* July
3834 Mar
2
28 3A
Jan
37%
76 34, Jun
6
61
Dec
30
16% May 29
11%
Jan.
67% May
17% July
20
21% Apr
Dec
9%
Feb
13% July
Jun
2
15%
Feb
19
Deo
153/g Jun
4
7%
Apr
12%
Dec
29% May 4
643A May 12
13%
Apr
20% July
54
Jun
64
Oct
121
Jan
128
Oct
127 Vb Mar 24
7% Jan
14 % Apr
27% Jun
"8
122% Apr 30
5 Vb
Feb
7% July
5%
9
Jan
10% July
17%
Jan
25%
Dec
66% NOV
84 V*
Feb
LOW
Saturday
June 7
share
W per
f per
share
29%
29%
29%
34
33%
33%
>33%
23
23
*22%
23%
22%
34%
34%
34'%
34%
34%
33%
34%
34 Va
34%
347k
34%
4,300
Bwirt & co_
36%
37%
36%
38%
38
38%
37%
37%
38
387 b
6.100
Swift
36%
34%
34%
34%
34%
34
34%
33%
34%
33%
34
34
347k
3,200
Syivania Elec Prod's Inc_
9%
9%
.9%
9%
9%
9%
9%
9%
974
18,000
Symington Gould Corp—
per
28%
28%
28%
►33%
34
*23
23%
34%
36%
9%
29%
28%
29
34
29
34
34
22%
9%
9%
300
1944
197k
Apr
26
Dec
4
29
Sep
34"
Dec
Jan
20% Sep
200
Sweets Co of Amer
Jan
22
31
Apr
11
17% Jan
2
26'A May 14
,6
'7
387k May
9
35'A May 22
__aa
(The).
307k Apr
347k Feb
31'A Mar 21
International Ltd—
Apr'
29
IjVo'paj
7'A Jan
Jan
35
6
2
t per share
6
31% Mar
25
12%
Highest
,
$ per share
I per share
10
Sutherland Paper Co
237k
*22
23%
*22
'
34
34
share
100
Superior Steel Corp
3,900
29
*28%
I per
Par
share
I
I per share
*33 7k
Year
Lowest
,
Shares
I per share
I per share
EXCHANGE
the Week
June 8
: ;
Range Since January 1
Highest
Lowest
STOCK
NEW YORK
Sales for
FrldaT
Thursday
June 6
June 5
June 4
June 3
Range for Previous
STOCKS
AND HIGH BALE PRICES
Wednesday
Tuesday
Monday
Monday, June 11, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
2570
8'A
27%
33.
...
Dec
2674
Apr
33% Jan
27%
Jan
33 %
5% May
15
10 % Feb
Jan
Jun
8
Dec
8%
Jun
•
/.
'
*54%
9%
9
55%
55
9%
55
54%
*9 7k
9%
*9%
9%
*9%
9%
9
9%
*9 7k
9%
55
55%
9
9%
55
55%
*8 'A
8%
8%
55'A
874
T
•
55
8%
1,200
330
9%
,
3,200
Telautograph Corp
13%
13%
14
X1374
13%
137 a
13%
13%
137k
2,300
53
52%
53
52%
5374
52%
537k
X5274
53 7k
52%
537k
8,200
Texas Co
52%
8%
8%
7%
8'A
9,100
Texas
3,300
Texas Gulf
7%
7%
8%
44
44 %
43%
4474
43%
43%
437k
44
43 7k
44
21
20 %
20%
207k
217k
21
217k
2074
21%
207k
21%
7,300
18%
18%
18%
19
18%
19
187k
1874
187k
1874
13,100
7%
44%
44%
21
7%
7%
,8%
18%
18%
44
44%'
43%
46%
4674
47
44%
467k
46'A
4874
48
4874
17%
17%
17'/B
17%
17%
17%
17%
18
18%
18%
13
187k
54
54
*53%
54%
10%
10%
9%
9%
12%
12%
97
*96 7k
12%
12%
5474
54'A
54
54%
*9%
10%
*9%
1357k
1357k
*13474
10 7k
138
,
97
967k
967k
*9G'A
12%
11%
12'A
117k
*1347k
95%
12%
12
12%
*53 7k
547k
54
54%
*53 7k
54%
12%
12%
12%
12%
12%
12%
*11%
1474 A1474
14%
14%
1474
1474
*49%
50
49%
49%
4974
4974
49
49
48
5%
574
67k
54%
12%
14%
19
18%
19
18%
105 n
*38%
39%
38%
54 %
53%
54
18%
•
105 y
105 30
105 30
105 S3
417k
41%
40%
41\-r
*40
,
5%
5%
39
39
54%
54
39
54
53%
54%
x39
5374
1274
12
12%
12
*38%
38%
38%
41
4074
227k
217k
22
6%
6%
6%
6%
6%
108%
108%
109%
109%
67k
674
108%
1097k
24%
*105'A
*2174
297k
;
297k
*2174
22%
6%
67k
67k
6%
109%
109'A
109%
109%
711%
117k
257k
107
247k
*106
297k
297k
12'A
12'A
24%
25
29%
29 Va
15,000 r
3774
367k
37%
36%
36%
103%
103 %
103'A
103'A
1037k
124%
12
127k
1274
12
12574
126
12574
*12474
12%
12
1,900 '
12%
18%
18%
18%
1874
18%
187k
18%
18%
18
64%
64%
64r!8
63%
63%
64
64'A
63%
63%
64
64
35
Dec
10
12%
Jan
24% July
50%
Feb
58
5%
Jan
July
6
12
Feb
28
Jan
3
139
Apr
16
92
Jan
122
Dec
8
100
Apr
16
81%
Oct
94
Dec
1274 Jun
1
7
Apr
10%
Dec
4'A
Jan
f2%
Dec
Jun
9% Nov
56'A May 23
6
11
54
157k Mar
Jan
3
15% Mar
11%
Jun
13% Mar
23
5374 Mar
32'A
Jan
49 V2
4% Jan
2
Jan
22
67k Junv
4274 Jun
18 % Mar
16% Jan
2
31
Mar 15
105
34
Va
Jan
2
6
5674 Feb
16
43'A Apr
15
k Williams St'l—— -No par
18
Va Jan
5/1 Jan
2
247k Mar
2
7'A Feb
Jan
13
-
8 Va
Jan
11%
Dec
Apr
29y
Dec
8
12%
Jan
20
3%
Feb
574
Dec
Jan
105 lA
Dec
25% Jun
8%
106% Feb
21
Jan
11% NoV
37 74 May 28
28%
Dec
102'A
Dec
Feb
21'A
2074
Dec
102
307k May 28
28%
Dec
Jan
35%
106% Jan
13
;Jan
105%
Dec
13
Feb
27
57k
Jan
97k
Dec
126
Jun
5
68'A
Jan
16
8%
Jan
May 18
51%
Jan
9%
34 Va Mar 27
May 22
3
9% Jan
18% July
15% Mar
6
3
102
Feb
2
14% Jan
1
85
17
187k Mar 28
26% Mar 21
Ddc
52% Aug
17 %
109% Mar 15
13 74 Jan
Dec
38'
7
12% May 22
41% Jun
10% Mar 22
3
19% Feb
Jan
3
66
Jan
24
115
July
109
23
Jan
101% Jan
17
Jan
iJan
407A Apr
Mar 26
No par
Feb
100'A
Dec
22
10
Oct
57k Aug
34
25
26
103
Jan
13
20% Mar
108'A Jan
—5
CO——
167k Nov
Jan
24
Gorp—————2
Coach
Feb
2174 Jan
13
preferred——-—No var
prior pta
No Par
Rapid Transit
No par
preferred
100
Twin
Dec
8%
8
45% Jan
$4.50
10,900
18%
Dec
17%
197k May 29
Apr.
Corp
6%
59% Jan
10'A Jan
•;
Twin City
7%
4874 Jun
9% Mar 27
$1.50
•
120
126
126
126
700
30
50
C6n Fox Film
20th
9,300 ;
36%
103 7k
■
29%
93 % Jan
1
No par
—-No par
Tubize Rayon Corp.—————s— 1
4% % preferred 'i-ii—iA
—100
100
2974
Feb
8% Apr
$6 preferred—.
—
Truax-Traer Corp—-
16,600 ;
14%
125
Tri-Continental Corp—.—
3,700
12%
25
37'A
12%
Transue
660 ;
106
106
107
,
18%
18%
.
109%
103 V2
125
1
3,000
5374
53%
367a
12%
124
124
*123
117k
1174
24%
106
910
39
39
397k
5374
103%
37
12%
12%
12%
297k
103%
103%
104
*105 7k
29%
36%
38%
37%
23 7k
23%
106
29%
30
29%
*103%
11%
11%
11%
23'A
*105%
109
'
•
41
417a
"
'
'
23%
10,100
3974
397k
127k
11%
674
8,700 :
37%
106
300
18%
105 Ba
12%
23%
22 74
187k
1053a
38%
11%
Transcont'l & West Air Inc
2,200
1874
105 U
12%
*103%
Transamerica
8,600 «
4174
1874
38 %
*22
5,400
16.700
105 Si
12%
22
12 %
41%
2,000
6%
197k
41%
38%
22
12
41
487k
6
:
105 SB
'
22
2,500 ;
12%
6
48%
49
3774 July
257k Mar
14% Mar 31
Avenue Transit Corp ..No par
Third
300 :
14%
Apr
45
44% Mar 29
50
preferred
conv
Feb
---1
Co———j—
div
$2%
2,300
12
*14%
■\
18%
41%
19%
32
Thermoid
-
110 v
4174
74
12%
*21%
10,700
.54%
11'A
preferred
105 SB
42%
105
'
6 %
4%
30% Jan
100
-100
preferred
150
.
1%
Sep
Dec
Xl97k May 10
13% Jan 22
Thompson (J R) —
—--25
Thompson Products
—No par
Thompson-Starrett Co—No par
$3.50 cum preferred——1—Nr par
Tide Water Associated Oil
—10
$4.50 conv preferred
No par
Timken Detroit Axle—:———10
Timken Roller Bearing
No par
57 k
4074
674
57k
10
96%
*14%
5%
600
137
98
15
12%
660
107k
*9 7k
10%
*14%
12%
54
54
5474
137
54%
*53%
55
*54
138
135 '/a
100
*96
97k
xl2
138
*135 7k
54
*135'A
*96
*
8,300
1274 July
5074 Jan
51
3274
36% Jan
& Oil---—-—10
Land Trust
—1
Texas k Pacific Ry Co—
—100
Thatcher Mfg Co
No par
$3.60 conv preferredNo par
The Fair
—No par
2,200
874 Oct
44%
Feb
97k Feb
6'A Jan
Texas Pacific
'
Jan
May
1
Texas Pacific Coal
■'
55
Jan
10% Mar
9% Feb
48% Jan
Jan
/.
4'A
14% Mar
No par
Sulphur
42
Mar
56
6
11% Jan
■—~5
(TheV--——
Producing new—.
Gulf
7
10% Feb
16
7 Va Jan
5
Corp—.—
14
14
Tennessee
*13%
8%
preferred
5%% partlc
7% Jan
50% Jan
-9
50
Talcott Inc (James)
9%
55%
97k
97k
85
118
Dec
Dec
16%
Dec
66
Jun
U
*64
16%
17
16%
17%
16%
90%
91
90%
91%
89%
16%
16%
91
113
*113
113%
22 %
22%
130
106'
*31%
32
112%
112
113
113%
32
128%
129%
106%
107
28%
*28%
27%
28%
27%
32
32
.
110%
*109
38%
38
38%
*127%
132 %
*127
*109
110'A
38%
*109
38%
*125
132
*26
26%
26
111%
*110
111%
72%
*71
72'A
29 %
*28
26%
26%
*110
*71
*28
9%
'
107
287k
28
109
38%
39
*127
130
26
26 V2
%
*110
111%
70%
71%
*28%
129%
107
28%
108%
X39
131
26%
*110
*70%
29%
9'%
9%
23%
23%
23%
23%
2
1%
7.900
22%
129
*28
9%
23%
*23%
2
%
2,300
107
32%
33
1,200
29
28%
29%
109
1087k*
38%
39%
131
131
17,400
9.000
39'A
26%
26%
*110%
28%
9%
28%
9%
23%
24
400
1,000
207.800
$3
45%
447k
45%
45%
45 3A
43%
46%
20%
20%
19%
20%
20%
20%
20%
21
20%
20%
20%
20%
12%
13
12%
12%
12
82%
78%
80
80
80
11%
11%
37
37%
101%
*100
12
12%
38
11%
*37%
*37%
100%
101%
101
11%
12 %
*37%
38
11%
*79
11%
11%
127k
80
80
83
370
12%
11%
12%
11%
12
5,900
38
37%
37%
36%
37
700
100% 101%
101 %
7,900
United
101V8
1007k
101%
Drug
Coal
United
Gas
16 Va
16
16 %
15%
16
16
16
15%
157k
x26 %
27'A
26%
27
26%
27%
26%
26%
26%
27
103
108
*107%
109%
*107%
109
109%
108 %
8
8
7%
7%
7%
1,900
United
177k
177k
4,200
177k
1077a
17%
173k
17%
1077a
1077a
*107
17%
,
107
*7%
>7%
17
1774
*106 %
107
109 'A
*108
7%
7%
177k
17
17
107
108
107
107
240
108'A
5%
,
Faperboard-
227 a
*917k
2274
23%
22 %
23%
227k
2374
23'A
23%
2274
23'A
9,800
U
927 k
22
91
92 7k
91%
92
90%
9174
91
92'A
92%
927a
2,100
*
193
193
193
193
193
193
*193'A
*18%
1874
*187k
1874
*18%
1874
1874
18%
1874
*52%
53 'A
*5274
53
*5274
53
53
5374
*527,
51%
52 'A
517
51
'*50
5174
4
51
8
8
8
774
734
347k
347k
7%
8
51
50
774
774
*193'A
196
18 %
1874
*5274
53
50'A
50%
774
77'4
7%
120
196
700
187 k
U
5074
v
S
conv
1,000
1,400
-~-
S
Leather Co__—
Par tic &
34%
34
*112
112%
*112
1127k
10
10
10 7 k
10
107 k
9%
10%
10
10 7k
10'A
11
*10 7k
1074
10%
10 3
4
*10%
1074
10%
1074
10%
10%
10%
1074
1,000
42 3 4
42 34
42%
42 7k
42 7a
42%
417k
42%
41%
41%
417k
41%
4,500
50%
2974
*49'A
507k
2974
287k
2874
1,900
U
27a
2%
27k
2%
8,000
JU S Realty &
5974
2,600
U
974
v
*48%
49 %
*48%
49
49
49
*29%
297 a
29 'a
2974
29
29%
2%
2%
2%
2%
*49
28%
50%
2974
*49
33%
34
*112
31,900
100
-
597k
59
59 %
59 %
164
164
165
*163
2%
59%
*166
2%
3
57%
59%
169
*166
3
59 %
169
58'A
*166
58%
5974
*16674
169
100
170
6674
66'A
661 a
66 7a
64%
65
65
66 'A
65'A
66%
65
66
81%
81%
817k
82
81%
81%
81%
81%
81
82
81%
81%
67%
1487a
69'-4
67 74
68
1497k
1497a
150
25 3 4
25%
26
25%
25%
48
*47
48
*47
6874
149%
*47
67%
697a
150
149 74
69%
150
67%
68%
68'A
149 7k
149 %
26%
2674
48
48
44,400
150
26 74
48
26%
26'A
26'A
*26 74
48
48
48
*47
?5
5'a
5
5
5'A
574
5%
5'A
5'A"
5%
5 74
77 k
67B
77k
6%
7%
6%
7'A
6%
7
6%
7
3,400
•,
900
90
*113%
17%
:
18%
17%
6%
6%
6%
6%
113%
113
114%
17%
44 74
113
18%
S%
113
*111
18%
13%
7%
7%
114'A
18%
77k
*111
18%
90
185
*185
195
*181
185
*181
185
185
185
185
277 k
105
277k
25%
267k
2574
26%
25
14%
14
14
.14
14%
X14
14
37
37
37
37
*36
36%
15%
15%
15%
15 7 k
15%
*15 7k
15%
49%
*49 '.4
50
50
50
49%
49%
95
95
*93%
*95
105
98
*94
95
105
*93
1C5
277k
260
25 7k
2774
37%
*93 7a
95
*95
277k
49%
50 7e
*92
25%
27
15%
15 74
*49%
26%
*37
37%
15 '4
27 7 k
14 'a
1474
37%
27 74
2574
25 74
2574
*14
277a
25%
7,200
*14
14'A
l.onn
36 7k
367k
500
15%
,
1774
7,100
*49%
'
4C0
50
*95
98
*94
*25
20
98
105
105
'
4%
63%
28%
4%
4 7k
4%
63%
29
*28 74
29'A
*28%
28%
4%
5%
657a
67
64
667 k
120
120
*70 7k
73
*70
73
*70
73
*45%
46%
*46
46;%
*46
46%
*119 '4
120 74
*119'A
120
28%
4%
65
*119%
*70
46'A
29
5
65
28%
4%
65
28%
28%
4%
4%
65%
65%
120
120
120
73
*71
*46
'
40%
41
40%
40%
40%
40%
*155
165
*155
165
158
158
*151
170
*151
170
*151
170
For
footnotes
see
page
4174
160
*151'
75
47
41%
*41%
42
160
*153%
165
162
170
*151
170
*151
41 %
3,400
-
121
*46
47
12C
*71
75
46%
*
1,200
15.6C0
4%
66
41%
162
170
50
100
1,400
60
8
8
par
par
787k
Apr
Jan
117k
Dec
36 %
Dec
7574
91%
Dec
15%
Jun
'
v
17% Mar
7
Jan
Oct
Jan
21
4
24
77k
5
v
97%
10874 Jan
26
167k Apr
10
23% Jun
4
14%
Jan
22
92% Jun
4
70
180'A Jan
17
4
170
Feb
105
77
193
'
Jun
137k Jan
2
1974 May
1
Jan
17
54
1
38'A Jan
10
5274 May 25
50
674
Mar 27
30'A Mar 26
2
10
11%
98%
Feb
Jan
May
9 7 k Feb
28% May 5
2'A Mar 26
51% Jan
144% Jan
77k
Feb
10774
Jan
Feb.
Jun
186
Dec
15%
Jan
Jan
51% Nov
Apr
43 7k July
21
5
35% May 29
1 Jan 10
110
16'A
9
Jan
33%
Jan
113
Feb
97k
Sep
1074 May 31
447k Apr 17
8%
Jan
107k
Dec
30%
Apr
377k Jun
55% Mar
40%
Jan
48
1>
Feb
30
4
3
Jan
2
607k Feb
19
40
130
4%
Jan
2
69
May 11
48%
18
85
Mar 19
69
150
No
par
587k Jan 24
2
135% Jan
697k Jun
5
50'A
100
150 > : Jun
4
xll.9%
78
Jan
par
24'A Mar 29
267k Jun
5
22
May
9
44%
$6
conv
preferred
No
Laboratories
Tob_—
n»Aferred
Universal
_1
_No
Leaf
No
f
—
Pictures
Co
Raalte Co
Victor
6%
Va
div
Jan
106%
Dec
14 5A
Jan
1147k May 28
20% Mar
6
2
8
Jan
25
Jan
5
47
Jan
24
Jan
24
95
Mar 27
185
1
2
May 28
5 Feb
R
28
Mar
13
Ma* 27
15 7k Feb
Jan
22
39
-
Chemical
No
13'A Apr
6
6
20
68
Apr
81%
162
Mar
17%
Dec
Dec
Nov
23% July
Jan
9%
Jan
14%
Nov
52
Sep
17% Jun
8
1274 May
16
Dec
52
Mar
7
*417k
Jan
51
Oct
6
Dec
86% Mar 26
95
Jun
100
90% Jan
20
97
May 26
—5
2474 Jan
8
33% Apr
19
57k Feb 20
63%
Jan
85
70
Feb
8574 July
217k
Jan
3%
Sep
25% Aug
574 Mar
100
59 7k Jan
9
69
Feb
20
100
pfd"
176
July
Oct
100
37 k Mar 27
41%
28
4874 May 22
par
6
Jan
Jan
31
8
Mar
—5
RyllllllH
preferred"—II
3%
18% July
28% May 28
32
Co -6%
partlc preferred
1187 k Jan
8
123
Feb
19
113'A
50
6274 July
SeD
120
Aug
Feb
63
Nov
Jail
45
Dec
Jun
H
IIIII
100
57
Jan
22
75
Feb
28
38%
-23
Virginian Ry Co
6% preferred
Preferred
Oct
76
Jan
21% Jan
—.
Detlnning Co
5 74
2.50
El & Pow $5
pref
Iron Coal k Coke 5%
Vulcan
47k Nov
-10
Chemical Works
Va-Carollna
Jan
Apr
S%
No par
Vicks Shreve & Pac
non-cum
274
2'A
2
75%
Dec
8
5
178'
Dec
277k Aug
4874
Apr
77k May 29
Jan
'
1367k
5% Jun
Jan
39
637k July
Apr
23i
~
16
Dec
24
98%
2774 Jun
Inc.——
Chemical Co
par
Jan
_1
Vertientes-Camaguey Sugar
Vick
par
-jon
Inc—
Vanadium Corp of Am
Van Norman Co
Van
par
l
Inc
Preferred
Universal
4
4% Jan
May
Dec
6174 July
Dec
May
Tobacco Co——————No
7% non-cum preferred-
Dec
54% July
Feb
May 18
149
Nov
May 16
Jan
1
Sep
Apr
Jan
5
Dec
5'A
X167
2
Dec
8
Jun
72
135% Jan
Oct
y
3474
52
25
Dec
217k
88
Jan
12
6
Sep
127k July
Feb
Jan
.
8%
42
10974 Dec
Mar
.—50
Stookyards Corp
Dec
Aug
26'A May
18% Apr
46
1st preferred-—100
Corp
Dec
117k Aug
f Feb
24
6'A Mar 26
117k Jan
2
Preferred
Va
•
16
Apr
2
Jan
Jan
U S
5%
29
6
6
—50
I
*95
Mar
Jun
35
Smelting Ref k Mln
50
*92
20
39
10274 May 29
28
1
Universal
90
93
137k Feb
103A May 28
33'A Jan 31
'--—10
1,800
93
93
45 Va
110
_No par
77k
45
93
44
93
2
20
Universal-Cyclops Steel Corp
45
44
93
84% Jun
2
Co
non-cum
Steel
5
97k Jan
Preferred
U S
5
11
1,300
77k
44
93
27 74
Rubber
17k July
Jan
17%
23
—
l'A
42%
7% Jan
Impt
.
12'A
8
114
18%
93
*43
93
277k
U S
16
10
United
4474
*43
93'/2
27%
7V4
S
2
Apr
467k Jun
l
Plywood Corp
Oct
8
22
U S Pipe & Foundry
U S Placing Card Co
8%
Jun
1117k Jan
Lines Co—
28
31%y. Apr
9
Jun
70% Julv
11% May 19
24
2
No var
Preferred
S
Jan
—100
United Stores class A
400
114
—No
A—
9,200
'
7%
447k
*92
185
*18 7k
13%
"
44 3 4
*43
*181
114
114'A
U S
May
22
114
Mar
61
9
No par
preferred—
4,300
5%
7
2,400
1,000
69
149'A
»
Prior
ci
conv
34
1127 k
110
20
50
U
7%
3374
112%
347k
*112
34%
6
Jan
Jan
—5
preferred
U S Industrial Chemicals
24% Dec
20% May
8
73% Apr 23
29 % Apr 28
Mar
100
1,500
1127 k
112 7 k
267k Jun
114
Jan
20
Hoffman Mach Corp
5%%
50
53
Sep
Dec
22
jvo par
preferred-.
*112
34%
34%
*112
No
-
Feb
Dec
107
No par
Frelgnt Co
»
100%
36'A
897k
13%
10
U 8 Gypsum Co
196
*192
;
1st preferred-
$6
90
107
preferred
Nov
33% Nov
1107k
,100
U S & Foreign Secur
7%
8
8
*108
Dec
30
Jun
123%
_1
par
United Merch & Mfrs Inc
104
Jun
Apr
18
Mar
Improvement Co.—13%
16%
28
Feb
25%
217k May 18
137k Feb
3
Jan
.-5
92%
26
8
Jan
2
66
Dec
22%
2
9'/8 Jan
Oct
Dec
1027k
22
5
Cos—
No
16
7,600
Jan
1
;
Corp
United Engineering & Fdy
3,200
1%
2074
May 16
40
2
157k Jan
.
115
Dec
Jun
Nov.
134 »A May 16
1
38'A Jan
100
13,400
Jun
1107k Apr
22Va May 19
par
„No par
27%
16
18
5
Dyewood
Electric
33% Mar
32% Jan 11
2
9'A
„20
No
19
25
Jan
66
26'A Feb
No vnr
Fruit Co
102
22'A Mar 22
109% May 25
par
Co
United
'
par
Preferred
United
10974 May 10
118
preferred
United
24
Jan
2574 Mar
22
100
-
Corporation
preferred—
5,600
•
12%
82%
17k
2
Co—
United
,12,300
1%
45%
118
22
Cigar-Whelan Stores new—30c
Prior
24
Jan
No
CO—
29
Sep
Jan
preferred.
Carbon
116
119
Feb
No
United-Carr Fnst Corn
Un
Biscuit
conv
Feb
17%
31'A Jan
-
United
113
937k
—10
—
preierred
23
109%
100
Air Lines Inc
4 % %
Jan
Sep
5
1177k Jan
93'A May
1
15%
82%
1
—5
.100
:
,,
r
Feb
76
1307k May 31
100% Jan
29'A Jan
277k Apr
105% May
100
No par
preferred
conv
2
'
45%
81
5%
United
109'A
—100
,
United Aircraft Corp_
17'A May 31
20% Jan 22
par
preferred
non-cum
24
1%
44%
13%
4%
Union Tank Car
United
11,100
10
1%
84%
Union Pacific RR Co
5%
29%
25
series
$4.50
78'A Jan 24
xllO'A Apr 27
Jan
8
113
No par
pfd—No
400
71%
No par
Carb
Union Oil of California
111'A
71
72
No par
900
267k
111 'A
44%
12%
Preferred
58%
14'A
No par
:
Carbide &
Union
200
131
Corp
Bag & Paper
Union El Co of Mo $5
600
109
1%
1%
Union
500
32%
44%
2
Underwood
170
114
114
107%
70%
9%
*111'A
112'A
114
128%
*32
26%
29%
112'A
40
128'A
133
9%
7,000
*1)06%
39%
*28%
887k
22
109
111%
8,200
22%
28%
110'A
17%
88%
'
22%
32%
9%
23%
23%
*23%
71 %
114
129%
32%
„
167k
88%
*111'A
22%
29%
9%
97e
*110
*106%
32-
17'
88'A
114
22%
22%
'
107%
*105%
a
16%
89
112
128%
129
129
130
106%
22%
22%.
22,?
;
113
114
*113
■
*111%
112%
112%
*112%
88%
17%
900
45 74 Jan
25
48
Feb
13
37
-25
36% Jan
3874 Nov
16
41% Jun
6
33
Apr
100
120
Mar
2
162
8
102
Jan
125
100
145
Mar
5
1477k Mar 26
149
Feb
155
Jun
2571.
-
Oct
July
Number 43931
161
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
2571
NEW YORK STOCK RECORD
LOW
.
Saturday
Monday
June 2
$
t
SALE
Tuesday
June 4
per shar$
AND HIGH
STOCKS
Wednesday
June 5
per share
PRICKS
Thursday
June <5
t per share
Fridav
June 7
t per share
*
per
Sales
June 8
share
t
share
per
for
NEW
the Week
YORK
Range for Previous
STOCK
Range Since January I
EXCHANGE
Lowest
Share «
Par
f
per
Year
share
1944
Lowest
Highest
t per share
I per share
Highest
t per share
W
71%
71%
*70%-'
711/2
*70%
71%
*70%
71
70
*15%
15%
15%
151/2
15%
15%
I5V2
15%
*33%
151%
34%
*33%
15%
15%
33%
33%
33%
*331/4
33%
*33 %
*106%
107%
34
34
1081/2
*106%
69 J/2
*107
68%
*68 Vz
1071/2
68
*106%
107%
68%
68%
%
°19lU
191/2
*19V4
19%
*19%
11%
11%
11%
11%
11%
10y2
10
10
21/4
2
*10
2 J/4
,
63
*61 J/4
15 J/2
*62%
33
34
16
161/4
*16
"
27%
27%
11%
11%
10
10
10
*19%
■V
2%
2%
16%
23
38%
10%
861/2
*85%
86V2
86
28%
30 i/a
*1061/4
107%
/ 30%
*106%
,
•
'
29,'A
1061/4
*105
115
115
115
105
104% 104%
116%
117
117
*116% ■117%
28%
9%
28
27%
88%
*86
28
•
87%
33%
24,100
107 %
70
114%
115
'114%
*114
'■
V.
104%
105
104%
105%
1051/2
105%
?
116%
116%
116%
116%
27/%
23%
28%
28 %
26
26
26%
26
26%
25%
26%
25
25%
25
25%
43%
43%
43%
43%
441/a
44
44
43%
44
91/4
8%
91%
8%
9
8%
8'%
8%
43%
8%
43%
8%
8%
9
25 J/4
261%
2%%
25V4
24%
25
24%
24%
24%
25%
24%.
44%
44%
44%
27%
111
*110
112
*110
111%
'
-
44%
44%
85
48%
*29 F
44i/a
2
27% May 9
24% Feb 20
39% Feb 19
Aug
Dec
43%
44%
110
111
par
.
Tobacco
...5
«4« *«>««•
w ...
•»
Inc.—
preferred
9
.No par
24
1
por
.100
—
.
109% Jan
Apr
103
16
113%
Apr
118%
22% Mar 21
106
Air
17% Mar
Western
Auto
26,000
Western
32% JanJ3
4% Jan 22
45% May
974 Jun
13% Feb
2
2
46% Jun
1! 5.6C0
4%
*28%
29%
31%
35%
361/s
35
45%
461/2
45%
45%
461%
34%
33%
33%
*33
33%
33
*32%
35%
*110%
111
108
*106%
108
29%
t
i
Class
7,800
34%
35%
461/4
Westinghouse'
Electric Corp
Preferred
960
33
new.50
12 Va
:
800
Weston
500
33%
105%
*104%
38%
40
39
95%
95%
95%
95%
*23%
24
24
24
24
30%
30%
110
*106%
108
76
*104%
105%
105%
*105%
78
*104 »/2
Westvaco Chlorine Prod
14.50
110
108
40
/
?
—U
x38
39
37%
38 J/4
t
5,700
X95 »/4
95%
95%
951/4
24%
24%
105%
39%
95%
24%
241/4
24%
*24
30%
x
30%
12
'12%
*
92
92
34%
*33%
34%
8%
8%
10%
8
8
22%
"22%
131/2
13%
13%
.13%
100%
100%
*100%
1001/2
22%
i
30%
>
7,900
7,900
90%
40
30
34%
*33%
341/2
*33%
34
10%
9%
30'/2
11%
22%
*32%
21%
22%
9 1/2-
10%
10
221%
23
22%
22%
14%
14%
14%
14%
14%
14%
100%
100%
100%
*100%
101%
100%
16%
16%
*16%
14
47%
55
86
Prior
88
*86
83
84
77%
78
53
54
*84
86%
77%
*86
90
88
84%
34,800
Wilcox
23'/4
29.000
Willys-Overland
15
63,400
Wilson & Co
Oil
76%
Dec;
53% July
22%
Jan
3174 July
21
Apr
31%
29%
Dec
25%
Jan
32
105%
Jan
111
1017# May
36%
47%
49%
106
128 * Jan
..10
2274 Jan
6
10
40% Jan
24
(Del)—No par
38
Jan
15
....100
79
Jan
3
pfd 4%% Conv series—100
No por
80
Jan
5
75
Jan
24
231/4
23
23%
23%
23
23
Prior pfd 4%% series
91
350
Wright Aeronautical
200
WrlarlPV
Tale A Towne
23%
22%
23%
23%
23
48%
48
xl06%
Co
Worthineton P & M
York
49
231/2
23
23
2,800
48%
48
*105%
106%
12,600
106%
50
231/4
m*\)
Tr
'WirH
No
13
4
123
125
Sep
19% Apr
24
36%
Jan
44%
Sep
July 7
Oct;
17
20%
Jan
417a Nov
16
47% Jan
82% Nov
Apr
90
Apr 16
9974 Feb 27
49
Jan
84
NOV
69%
Jun
91%
Deo
78
9
58
Apr
74%
Nov
13
Dec
14
Deo
May 31
32% Jan
24
13 7# Jan
13
18% May 19
Young Spring & Wire
No par
Youngstown Sheet & Tube__No par
19 74 Jan
17
25
391'# Jan
22
preferred series A—...100
1057/4 Jau
19
20
11% July
Nov
90
35
—1
Mfg. Co
Corp
20% July
59% Apr
22
...5
Youngstown Steel Door—..No por
7,500
30
69 74 Mar
PIK
2474 May
Jan
Wyandotte Worsted Co___.
5%%
Jan
pfd—100
2,200
106
Feb
8
14 % July
5,000
23%
23
23%
6
99 74
17%
17%
Apr
Jan
41%
41
17%
Deo
9%
10%
87
13,200
31%
Jan
17% May 7
1327a May 24
30% Apr 21
48% Jun
1
Woodward IrOn Co.—
Prior
Oct
Jan
4%
24
2
89
210
87%
13 74 Jan
Co
86
•
29% July
9% July
X84% Jan
10
Wilson-Jones
88
90
200
May 4
34% May 31
10% Jun
6
Jan
17%
40%
18
106%
2,200
Jan
8074
41%
40%
17%
48%
\
Feb
5
1
9
8
17%
40% '
23%
54%
20
127# May
Deo
12
*85
88
31% May
Deo
July
Apr
Woolworth (F W)
I 6,700
53%
53%
47%
22
Feb
Aug
Jun
41%
'40%
17%
106%
1,500
18
93
6% Mar 26
...
—
Wlsoonsin El Pow Co 6%
29%
32%
92%
15
17%
40
18
23%
100
104%
101
x41 %
40%
17%
49%
17
Jan
Feb
6674 Jan
July
2
16%
40
106 i/a
23
77
96% May 14
26% Feb 15
3
Jan'
97 7'4
20%
Deo
107% Nov
Feb
15
16%
15%
48
30
59%
10% Jan
76%
17%
161/2
23%
15
19
16% Mar 26
*75%
16
*106
22
8% Jan
83% Jan
s
Feb
Deo
July«
97% Jan
76%
•17
48
2674 Jan
17% Jun
42
8
May
517# May
110
Mar 26
9
27% Mar
36% July
15% July
974
Apr
19
Feb
14%
Jan
3
33%
Apr
96
Jan
106%
NOV
13
Jan
20%
Deo
;
'
?
Mar 21
2574 May
7
207# July ?
,
42% July*
\>:
*39%
401%
39%
39%
39%
39%
38
39%
*38%
39%
39%
39%
10%
10%
10%
11
11%
11%
11%
xll%
11%
11%
12%
22,100
•Bid
asked prices;
and
no
sales on this day.
tin receivership,
a
n Now Stock.
Deferred delivery
5% Jan
Zonite Products Corp
rOaah sale.
wd When distributed.
• Special sales,
Stocks,
i"
Number of
-i.'Week Ended June 8,1945
I
Saturday
Monday
-
—
—
Tuesday.-..
—-i
....
Wednesday.
.....
Thursday...—
-
——
Friday—
i
...
980,530
1,533,700
1,510,330
1,518,930
1.295,100
1,708,315
8,551,905
Total
Total
(Number
Foreign
Government
Bond
Bonds
Sales
6,781,000
y Ex-rights.
.
'
Bonds (Par Value)
Wednesday
Corporate
$331,000
$20,000
490,000
59,000
459,000
59,000
426,105
822,000
66.000
888.000
464,420
746,000
85,000
831,000
529,285
.
Foreign
Government
349,355
<*.—
Foreign
Domestic
214,935
Tuesday—,
579,000
101,000
$3,427,000
$390,000
6,433.500
9,979,500
Friday—.
$101,000
$44,917,900
;
...
Thurscday
17,000
——
———
Total-
Week Ended June 8
Jan. 1 to June 8
Foreign
Railroad & industrial
Total
-
$3,319,400
2,534,000
51,397.060
1,252,094.800
49,425,500
'
Foreign corporate
1,386,391,900
Total
$1,439,136,800
Slock And Bond Averages
are
the daily closing averages
of representative stocks and bonds
—Bonds—
-Stocks10
10
First
10
Second
10
Total
30
June 2
—
June 5
June 7
June 8
IS
Rail-
Utili¬
65
Indus¬
Grade
Grade
roads
ties
Stocki
trials
Rails
Ralls
58.90,
58.50
58.48
58.33
58.89
59.46
31.82
63.74
106.71
115.59
31.86
63.66
106.71
115.46
31.85
63.66
106.70
115.52
98.89
108.81
107.48
98.77
108.74
107.42
trials
June 4_
June 6
20
Total
Indus-
Date—
—
—
50,334,250
25.727,260
$3,383,000
$71,9G2,000
$84,473,000
129,000
23,152,000
3.884.000
17,000
543,000
499,000
$3,529,000
$95,657,000
$88,856,000
Bonds
$55,843,000 $1,306,427,510
Below
1944
1,073,485
390,000
Foreign government
$44,917,900
Jan. 1 to June 8
1945
$3,818,000
$2,935,650
Domestic
$101,000
$124,200
——
53,184,800
$3,818,000
1,000
8,551,905
43,388,100
680,000
$1,000
$3,427,000
—
Bonds
XJ. 8. Government
1944
519.000
2,410,980
Stocks—No. of shares
101,243.401
169.375,669
5,600,907
1945
1.428,800
Stocks—No. of shares..
549,000
$1,000
1944
1945
1944
1945
Total
$351,000
•
9.000
Week Ended June 8
♦
44% July
6% July
2.410,980
Monday..
9,078,800
7,570,000
12,000
53,000
~
$1,428,800
$43,388,100
x-Ex-divldends,
•
426,880
Saturday.———
199,000
6,274,500
9,763,500
Jan
Shares)
Week Ended June .8,19 45
$5,075,100
$10,000
$210,000
389,000
163,800
317,000
150.000
$4,855,100
6,380,000
8.862,000
7,253,000
Jan
3%
of
Bonds
Bonds
Shares
33%
8
Stocks
United States
Railroad
and Miscel.
15
Daily, Weekly and Yearly
Daily, Weekly and Yearly
.
2
Transactions at the New York Curb Exchange
Transactions at the New York Stock
.
Feb
1274 Jun
42
36% Mar 26
No par
Zenith Radio Corp
2,000
10%
167.96
168.08
168.13
167.29
167.16
166.83
|
Deo
No par
91%
16%
22%
Dec:
66Va
Feb
•.**«» *il
No par
Motors
Inc
85%
17%
23%
9
-5
preferred—
*75%
16%
16%
1061/2
$6
400
47%
*86
16
18
100%
76%
*75%
21% Jan
Co
85%
85
84%
*75%
291/2
48
'*84
*
48
31%
Dec
41
107% Jan 15
4077a Apr 30
20
24
par
—..20
preferred
9%
*132%
29%
52%
55
88
*85
*86
89
83
86%
*16%
47%
47%
54%'
55
*84%
29%
47%
48
17
*132%
30
*29i/4
30
47%'
48
55
48%
*29%
29%
29%
*16%
17
*132%
*132%'
*131%
23%
Deo
65
1
6% July)
1674 July
16
78
24
87% Jan
White. Sewing Mach Corp—
$4 conv preferred.'——No
12
100%
17
*16%
17
*106
Jan
29%
Jun
Jan
110% Apr
19
31% Jan
par
White Motor Co———
12%
*90
11%
Jan
Deo
Apr
3%
77#
36''4 Feb
.
64
—20
White Dental Mfg (The 8 S)
*
87'/2
37 74
26%
337 a Apr 27
113% Jan 17
3
..1
2,300:
24%
277# Feb
103 7# Apr
prior pref——..No
conv
92
30%
12
-
'
*761%
Deo
37% May 17
50% May 17
108% May 24
4
10614 Jan
.
85
400
*90
30%
11%
92
*104%
No Par
preferred—Ate pdr
92
30%
30%
121/4
*33%
34%
*82
V# May 11
37% May 12
32\'4 Apr 26
12.50
54.25 preferred
.4
—No par
Wheeling & Lake Erie Ry—100
5%% conv preferred
100
Wheeling Steel Corp—..—No par
100
78
*75
105%
.*
•'
38%
92
11%
*73
32%
109%
*31%
109
95%
39%
,96
*88
12%
33
'
85%
Instrument...
Elec
Mar 26
July
110
May 19
507a May 29
29% May 25
X31% Feb 15
6
28
a
86
Mar 26
26 % Jan
—-No par
Westinghouse Air Brake.No par
34,700
?
B__4,
267
64% Jan >2
,
100
31%
451/2
*33
110
75
*75
391/8
30%
33
*109
108
*106%
76
75
*1041/4
33
110
32%
32%
110%
75
92
9
Sep
Jan
Feb
1674
103
26% Jun
26%
.Lines, Inc.
—-1
Supply Co
10
Maryland "Ry
100
non-Cum 2nd preferred—100
29%
35%
4
Apr 20
Western
29%
33%
28% Jun
112
10
28
'
105»/4
55
Jan
30%
46
Dec
8574
Apr
31%
35%
Dec
Deo
May 29
30
33%
113
107
44
46
Feb
118
30% Jan
36%
96%
Feb
2
Western Union Teleg class A_No par
< /
Deo
28
115
26
28
8
18,200
31
102%
Jan
49%
*28%
Jan
18% Feb
101
Western Pacific RR Co com-.No par
Preferred series A
100
29%
83
! 1,100
2,300
,Jan
8
19
116% Jan
900
31%
28
100
5,100
30%
Feb
33% Jun
108% Apr
100
«
*95J/4
481/4
Deo
i
*1061/2
*16%
85 74
46%
46
75
*131%
*29i/4
77
86
108
7'/4
87
45
107%
221/2
20
85%
110%
*331/2
84% Jan
48
*32%
*88
Jun
85
33
12
25%
48%
110
30 J/2
Jan
85
110
/:
22 %
.
"
39
28% May 18
48%
1
*1041/4
2
23% Mar 26
.100% Jan
8
Pulp & Pap CO—..No por
.100
preferred—
Deo
Jan
85
*29
31%
10% July
49%
31%
22 V#
Jan
84%
31
Apr
Jan
6%
48 %
45
15
23
22%
2
85%
441/2
Apr
25
11% Mar
49
v
75
3
17
May 10
85%
33%
33%
*321/2
Mar 26
30% Jan
Va
6%
70
.u
20
1
5
\ 6%
preferred
v—
WestPennJPpwer* % % pfd—.
West
15,500
I
Pump Co -W>«*
.
48V2
35%
46
33
24'/4 Jan
—No
86
30%
36V4
46
7
*28%
31 y8
35%
18% May
'49
*84
'
30
30%
4
„
48%
-
>85
49%
v
Jun
Indies. Sugar COrp—
7%
210
28%
\
•
26
'
Deo
16
West Penn Electric class A„No
140
117%
28%
111
West
200
117
43%
111"
July
3674
$4 conv preferred——...No par
100
32'a
115
'
*110
May
15
Feb
Wesson Oil & Snowdrift.
IO7V2
'
*110
27%
62
Apr
1.400
25%
111
25%
Jan
Webster
32
;
Jun
IP/a
Wayne
103
2% Aug
22%
Waukesha Motor Co_.
31
11 % Mar
45
—....
6,900
9%
r
10%
Jan
1% Feb
8
Pictures
&
1.500
«
Jan
8
8
preferred
5.800
22%
f: .39
*107
"
27%
38%
*86 »/4
32
107%
114%
22%
38%
v.
87%
30%
*106%
104%
106
*116%
*86
31%
107%
23
10
*27%
*
114%
114%
114%
86
,
27%
27%
'
29%
106J/4
'
22%
*38%
9%
7V4
1
14
Washington.Gas Lt Co
10
5
Jun
12
17% Jun
700
38%
Nov
37% May
27
22%
X20
15
27
"
Jan
Mar 27
27
10 J/a
17%
Mar 26
Warren
38%
24
30
800
23%
Nov
13
161
9%
68
57% Jan
16%
,23
38%
Feb
..5
16%
9%
48
Pipe—_No por
Petroleum Corp
...5
Bros
22%
27
72
% Mat 27
19% Apr 16
8% Jan
2
2% Apr
66% Feb
Fdv
38%
Apr
20% Feb
01
Nov
11% Mar
Warren
9%
Dec
108% Nov
xl05
2
Warner
21%
Deo
Apr
G
2
600
27
8
l%Jan
400
27%
Dec
14 74
31%
9% Jan
116.700
8
68
Jan
par
-50
17%
*16
May
110% Apr
Jan
10%
26 V#
par
35
161/4
40
7
16% Mar lo
No
63%
$7
76% Mar
35
.No
17
63
2
_
341/2
64
106% Jan
—No par
—
17
27%
28
100
Baking Co cl A
Class B
34
38%
J: *85%
Ward
600
16%
16%
27%
*27%
2%
34
*63%
9%
27%
Walworth Co
20,100
;
400
10
24
G & W—_No par
redeem preferred—
No par
35
38V2
*27%
11%
10
*2 1/8
Dlv
700
2
10
30% Jan
iHirami
16%
21%
27%
111/2
2%
Walker
2.300
Jan
13% Jan
par
preferred...——
64
9%
28
68%
66
por
No
15%
21%
*
4%
100
*No
preferred
4%%
64
*34
38 J/2
*
108
'
2%
"
v
*107
RR
Waldorf System—
Walgreen Co
200
>
*19% *20
10
15%
27%
1,400
34
20
19%
35
16
15%
Wabash
400
*68%
12
63
15%
691/2
68
11%
*
271/2
*267/8
68
19%
2%
*34
16
68%
10%
63
15%
34
.
67%
12
„2 %
63%
15%
15%
33
107%
69%
19%
*10
2%
*106%
70%
99.22
98.89
Utili¬
40
ties
Bonds
108.70
107.56
108.81
107.47
31.87
63.43
106.75
115.44
31.90
63.57
106.85
115.49
99.22
108.79
107.58
31.85
63.67
106.86
115.46
99.39
108.81
107.63
THE COMMERCIAL
2572
Bond Record
interest"—except
"and
are
and
income
for
defaulted
bonds.
RANGE
Interest
Last
Period
Exchange
Sale Price
Treasury
1947-193J
1946-1950
Treasury
1946-1949
1949-1952
1946-1948
1951-1953
1955-1960
,.1945-1947
1948-1951
1951-1954
1956-1959
1958-1963
1960-1963
1943
1948
1949-1953
1950-1952
1952-1954
1956-1958
1962-1967
1963-1968
June 1964-1969
Dec. 1964-1969
1965-1970
1966-1971
3'/«s
3V4S
Treasury
3s
Treasury
3s
27/8s
Treasury
Treasury
274s
274s
Treasury
Treasury
2%s
Treasury 274s
Treasury
Treasury
274s
274 s
2'%s
2V2S
2I/aS
2V2s
2V2s
2%8
2%s
2%s
Treasury
2y2s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury 2Vis
Treasury 2%s
Treasury ?,Vis
Treasury
2Vis
1967-1972
1951-1953
1952-1955
1954-1950
Treasury
2Vis
1956-1959
2Vis
Treasury
2Vis
Treasury 2Vis
Treasury
1947
Mar 1948-1950
Dec 1948-1950
Jun 1949-1951
Sep 1949-1951
Dec 1949-1951
March 1950-1952
Sept 1950-1952
..1951-1953
Treasury 2s
Treasury 2s
Treasury
2s
2s
2s
Treasury
2s
Treasury
Treasury
Treasury 2s
2s
Treasury 2s
Treasury
Treasury 2s
Treasury
2s>
Treasury
2s
Treasury 174s
Agricultural
AGtd
AGtd
Mtge
sink
sink
Akershus
A Externa
1432
15
113.29
26
f
s
3%s
Series
No.
22
3%s
Series
No.
23
374 s
Series
No.
24
M-S
*113.12
113.14
113.27
112.10
113.7
3%s
Series
No.
25—
—
112.21
113.27
33/4S
Series
No.
26
——
115.7
113.2
114.19
3%s
Series
No.
27
J-D
*101.1
101.3
3 Vis
Series
No.
28
M-S
*105.19
105.21
3 Vis
Series
No.
29
*651/4
J-D
*107.2
107.4
107.4
107.15
3Vis
Series
No.
30
107.25
107.25
107.25
Brisbane
100.28
102.17
Buenos Aires
107.25
M-S
*105.30
106.26
*102.23
V..
102.25
J-D
*102.1
102.3
J-D
*101.22
101.24
J-D
101.17
101.17
1
10
100.10
3
M-S
101.12
Canada
J-J
*104.14
104.16
*108.26
103.10
MS
*102.10
*102.20
102.22
102.20
102.20
*102.23
*102.24
102.26
10T29 10_L29
M-S
*102.27
102.29
102.24
M-S
*103
103.2
102.10
100.25
*103.1
J-D
102.29
102.29
3
J-D
*106.27
3-D
J-D
*101.22
1203/a
100.13
10T9
101.24
119'/a 12074
96
11278
NY
*37
37(4
*37
31 "8
90
1-1693
'
62 V4
..
37 y2
1
34
2
30
31 (4
101 si
101 si
F-A
A-O
J-J
1957
M-N
98
98
8614
IOO1/2
M-S
J-D
.1957
A-0
99%
128
so 14
6
99 54
1047i
6
100% 100%
51
10314
103(4 103(4
"101'4 102 "2
107(4 107 Vi
72
Vi
J-D
3.375%)— .1979
101%
100 Va
J-D
.1941
95
90
106 Vi 106 3 4
1041 i
72
*67
A-0
7074
72(i
69
70(4
7074
100
95 V4
1
10034
No.
Series
No.
3%s
Series
No.
374 s
Series
No.
3?4s
Series
No.
S-Vis
Series
No.
S84s
Sereis
No,
99
107>/4
1051/4
103
103(4
100 ye
101V8
1
10514
1071/4
8
59 V4
73(4
.
53
—
13
69 »/4
102%
106(4
102%
1061/2
-'V tm'2^
3
102
——
104
105%
^
104
IO51/2
6
'
*105
1051/4
T
'
;
*104(4 1051/2
■
1
70
70
19%
1974
19
191/2
1974
57%
71
52
A-O
19%
fund
6s
s
Feb
70'4
Plan A
70 Va
ii
A-O
A-O
19
52
.1952
F-A
1974
i.974
1961
F-A
19
Jan
1901
J-J
19V4
Jan
1961
J-J
Sep
I 6s
1961
M-S
Sep 1961
A-0
71 ('2
72(4
8
59V4
18 38
1974
1
191/4
*
177 s
129
•'.'/T.'a
\
•
■'
— —
•1
181/2
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2
191/a
2
191/4
4
191/8
1774
J-D
J-D
.1961
1962
181/4
A-O
18(4
i'5
18 V4
2
M-N
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.1960
1931
1961
(City)
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1970
A-O
1947
1953
M-N
1951
7s
1949
4'/2s
-1949
1977
5
26
34
1
68 7i
77%
69
77
Sinking fund 5(4s
1953
5y2s
1945
ACzechoslovakia (Rep of) 8s ser
A-1951
ASinking fund 8s series B_
1952
IA Denmark 20-year extl
6s
External gold 5V2s
85%
84 %
40
J-D
External gold 414s
F-A
1962
lADomintcan Rep Cust Ad 5yas
§ A 1st series 5y2S of 1926
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5(4s
Customs Admin 5Vbs 2d series
A-O
1942
M-S
1940
A-O
5"2s 2d series
1969
(Republic of) 7s
(Rep of) ext 6s
French Republic 7s
stamped
7s unstamped
Greek Government—
A 7s
part paid
1945
(City)
ext
Irish Free State extl
-
1
108
A—1952
6y2s
1960
i960
AJugoislavia (State Mtge Bk) 7s—l'«57
(Colombia) 614s
1954
(Prov) 4s readjusted
1954
AMedellin
Mexican Irrigation—
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.1978
3-D
67
67
2
54
108 %
110
111
154
156%
72
A-0
67 Vi
67'4
5.
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67
52
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2
671 i
67'i
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66
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1944 (Plan B)—
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52
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52
97
17
80
99
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101
101
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101
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97
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86
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102
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__
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100
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100
27
341/4
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PAUL MARKS & PP. INC.
(
-•
FOREIGN SECURITIES
SPECIALISTS
50 Broad St., New
York 4, N. Y.
Teletype N. Y. 1-971
I21/2
10 Vi
agree
Telephone HAnover 2-0050
25
19V4
FIRM TRADING
MARKETS
,
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__
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68
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100 Va
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66
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s
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1961
1969
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1940
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1955
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1942
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J-D
58
M-N
1947
1952
5s
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wks
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1774
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A-O
1946
...
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17(4
3314
J-J
f $ bonds
s
11
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.
J-D
1961
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14
/
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%
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—
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1974
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r
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:
1
28
•
1974
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20
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1914
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A-O
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19
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.1962
.1962
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3
70
1874
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36
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1961
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3748 Series No. 5—
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5
10674
J-J
.1955
33/4S Series No. 4
Series
108%
105%
.1942
assented
5(4s
105
52
funding bonds of 1931
Stamped pursuant to Plan A
Series
33
33 y3
12
99
99
Stamped pursuant to Plan A
374 s
37 i/a
33(4
1
101V2 10134
98
M-S
1950
101%
Stamped pursuant to Plan A
374s
37 %
30
2
105
M-N
38
30
—
M-N
38
34
40
1971
80
35
31'a
671/2
79
3
37 >4
70
35
--
37 %
105
1972
No.
10614
1051/2
.1960
AColombia Mtge Bank 6%s
i A Sinking fund 7s of 1926
ASinking fund 7s of 1927
Teletype
3-D
1972
Series
3
102(4 102'4
__
J-J
.1942
A 6s assented
AChile Mortgage Bank 6%s
A 6 Vas assented
a
•—4►
37
A-0
Feb
374s
f 7s_
A Chilean Cons
Munlo 7s
61
*73%
37
J-J
loan 4s Apr
No.
s
AExtl sinking fund 6s
A 6s
assented
10L23
3s
*66
J-J
loan 4s
Series
AFy external
103.3
122
External
assented
A 6s
*66
J-J
conv
3%s
111%
105
——
J-J
1954
8s
sinking
External
conv
to
1958
assented
A6s
4y2s
F-A
extl
No.
A 6s
106.29
extl
bonds of
15
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10
f
reduced
(City)
(Rep)
AExtl
102.28
I
Series
76
109(4
*105
,
J-J
A7s assented
103.3
—
(Int reduced to 3.5%)
96
14
107% 108
__
J-J
1953
1101/2 11054
110%
M-N
1948
15
Jan
A Chile
103
1948
pursuant to
J-J
1968
3s
103
103.2
102.28
1957
(Int reduced to 3.375%)—
A 7s
(Central Ry)
J-J
1967
Jan
103.2
*103
„
M-S
J-J
.1957
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15
Jan
ACarlsbad
95
102.25
J-D
S
(Int
1960
1961
3s
102.12
J-J
S
3%s
30-yr 4s
3s
104~24
M-S
of)
2 Vis
104.24
conv
External $
30-year
95
'
3s
103.14
103.28
104.9
f
5%
30-year
100.27
17
$ bonds
3V48
103.28
103.14
103.16
*104.7
S
Stamped
108.28
103.10
*103.14
3-D
1945
1927
63
107.26
31 Ve
f 6Vis of
95
83
1
107.19
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s
807s
8
71
107.12
1945
f 6%s of 1926
8
96
71
*107.10
M-S
.1978
95
95V4
J-D
1943
external 8s
95
__
71
1943
Stamped pursuant to Plan A
(Int reduced to 3.5%)
94%
94%
J-J
A-O
.1953
80(4
80%
A-O
A-0
AExternal
95
14
20
M-N
25-year
IO31/4
95
93%
1970
(Dora
101 Vi
1O014
9414
1984
f
951/2
6
94 Is
1975
M-S
21
103
101V4
9314
3%
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s
67
9714
-
931/4
External read) 474-4743
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J-D
1
68
941/4
102.3
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——
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'
F-A
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s
1970
f
66
52(4
53
■
..
95
100.18
s
reduced
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f 4V4-474S
s
68
517s
95
104.26
sec
(Int
1977
Refunding
M-S
101.3
AExternal
AExternal
External
101.25
1961
101.12
series—1957
f 7s
102.4
stamped
s
65%
5174
•
101.3
1968
.1946
103
67
52
70
100(4 101
--
101.12
1948
external 6yas.
J-D
100.15
(Colombia)—
-
F-A
1950
68
51%
11
:
(Province of)—
*104.24
f 7s 2d
s
1958
•'
671/2
68
•
1
65(4
100 »/2 10014
100.17
Municipal
1927
M-S
MS
s
(U 8 of)
1957
A6s
ACosta
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513i
5178
2
66
65%
*65 (4
—
101.22
Cuba
5s of'25-1955
661/2
511.2
66
__
—
M-S
sec
External
—
25-year gold 4%s
fCommonw'lth)
66
2
6574
— —
100.18
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4%s
5174"
52
18
.
65(4
(City) s f 5s
Sinking fund gold 5s
Sinking fund gold 6s
106
*106.24
.
MS
J-D
Broadway, New York
1958
66
1
*651/4
Members New York Stock
Exchange
external 5s
(National Government)
66
113.27
Wertheim & Co.
series
66
*115.5
M-S
68
51%
'
*65(4
J-D
J-D
67
51%
•
2
:
66
65%
66
110.15
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1st
6774
59
— —
66
66
66
106.11
A 6s
7s A
51(4
—
—
66
—
101.17
Colombia
4s
67V4
4
-
■
66
— -
100.19
AExternal
I ABrazil
21
109.25
7s
f 6s
No.
105.14
f
s
No.
Series
109.27
s
External
Series
3%s
*109.25
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iielglum
334s
51%
66
68
*6514
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7s series D
of
111.27
114
High
14
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2
f
5s
111.4
112.27
January 1
Low
'
3
s
External
No.
Range Since
Sold
No.
66
66
105.14
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Australia
No.
Series
Foreign Securities
coll
4%s
Series
A 6s
7s series B
loan
s
/
Low
*651/4
_
100.19
f 7s series C
S f external
16—II—I
3'/.s
Bonds
Friday's
Bid & Asked
65 %
AGuaranteed sink fund 6s
1947
or
—
105.14
100.19
M-S
s
Argentine
(Continued)
103.19' 103.19
A 6s
120
Sale Price
High
AGuaranteed sink fund 6s
&
(City)
No.
No.
Last
Period
100!l9
M-S
I
Antwerp
No.
bents
A 6s
6s
(Dept)
AExternal
111.16
in 90
Series
3 748
A
(iilng of Norway)
AAntioqula
111.16
MS
374s
103.20
374
M-S
103.27
109.30
102.17
Series
AExternal
Cs
fund
102.26
bonds
$
3%s
.
1980
Bank
fund
103.25
External
City
REctor 2-2300
Govt.
102.18
102.21
(Continued.)
Brazil
nterest
Stock Exchang*
York
New
109.24
*109.28
J-D
Corporate Stock
Foreign
High
108.21
*102.15
J-D
Issue—
Telephone
Low
No.
J-D
1951-1953
York
New
Unification
Transit
Low
J-D
June 15 1952-1954
Dec 15 1952-1954
1953-1953
June 15 1848
2fi
Treasury
8
January 1
*102.16
J-D
ENDING JUNE
week's range, unless they are the only tran*aetlo«e of
such sales in computing the range for the year.
BONDS
Sold
*102.19
MS
374s
WEEK
Range Since
Bonds
108.21
*108.19
A-O
4y«s
Treasury
Friday's
or
Bid & Asked
High
V* S. Government
FOR
Week's Range
Friday
BONDS,
New York Stock
334s
127809
YEARLY
-
Cash
Indicate in each case the month when the bond# mature.
the column headed "Interest Period"
italic letters in
The
y:
WEEKLY
-
and deferred delivery sales are disregarded In tbe
week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur. No account U taken of
the
A
Monday, June 11, 1945
FINANCIAL CHRONICLE
New York Stock Exchange
«»
FRIDAY
NOTICE—Prices
3%
si
iiy2
Number 4393
161
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
2573
NEW YORK BOND RECORD
RANGE
BONDS
York
New
Stock
Friday
Exchange
Interest
Last
Feriod
FOR WEEK ENDING
JUNE 8
Week's Range
Sale Price
or
Friday's
Bonds
Range Since
Bid & Asked
Sold
January 1
Low
No.
Low
High
High
Mexico—(Continued)—
AMexicu
(US)
exU 5s
2
1899
ot
1943
AAssentlng 5s of 1899
Assented
A
v
1943
Nov.
to
5, 1942,
1904___
AAssentlng 4s of
Assented
to
Nov.
a
Assented
to
Nov.
5,
AAssentlng 4s> of 1910^
*
6s of
SA'lreasury
AAssented
Minas
1954
to
1942,
1913
Nov.
1945
1942,
1933
1942,
18
2
15
——
13%
91
16
12 to
J-J
*i7ya
7-3
17 to
ASec
external
to
1958
2.125%)
M-S
*46 to
50
1774
PFLUGFELDER, BAMPTON & RUST
17 Va
22%
227 a
1959
38%
Membert
37
4774
(Int
reduced
South
37
41
118
120
*46%
^.1959
f 5s_J
s
External
f
s
sink
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sink
1957
of)
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F- A
100
100
3
A-0
100
100%
6
100to 1C0to
2
100%
ICO
1
98 Va
98 V*
100%
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J-D
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1955
sink fund 4V2s
F-A
1970
A-O
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extl
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APernambuco
I
s
ot>
ser
7s
of)
1947
Stamped pursuant to Plan A
(Int reduced to 2.125% )
APeru
105 %
47 to
*47
M-S
loan extl s f 6s 1st ser_.__ 1960
J-D
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Loan extl
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1961
A-0
1940
A-0
ser
gold 6s
assented
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to
1958
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a 4
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sink
fund
40
,
14%
6
16
1950
J-J
34
34
4
25 Va
J-J
25%
1
1474
1960
Stamped pursuant to Plan
(Int reduced to 2.25%)
"47%
-
101 Va
50
41
41
37
46
104 to
49 Va
49%
Stamped pursuant? to Plan A
(Int reduced to 2.375% )—;—2001
sec
6%s
1953
F-A
45%
45%
5
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90
A-0
'
~
extl loan of 1921
.A8s
to Plan A
2.5% )_.
1999
external sink fund gold——1908
*36
A6s
pursuant to Plan A
(Int reduced to 2%)
—2012
35%
39%
1960
external loan of 1926
Stamped pursuant to Plan
(Int reduced to 2.25%)
A 7s
A-0
52%
45%
1
52%
43%
39%
1967
Ranta
sink
external
Pf
(City)
Paulo
§ASan
45 Va
42 to
3
35
42%
47'%
47 to
3
3974
4974
36
40%
3974
48%
36
3974
*__
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J-D
45
—
1
1964
M-S
M-N
*96
49 to
90
~4
49 to
f
Stamped pursuant to Plan A
reduced to 2.375%)—2001
A6%b extl secured s f
1957
Stamped pursuant to Plan A
(Int. reduced to 2% )
(State)
Paulo
2012
1930
8s—
Stamped pursuant to Plan A
(Int reduced to 2.5% )
extl
'7 Stamped pursuant to Plan A
(Int reduced to 2.25%)
:
extl
ARs
5ASecured
Stamped pursuant to Plan A
(Int reduced to 3.5%)
1978
47 to
42
45 Va
37%
40
45%
~i
57 to
57%
52
45 %
57%
42
48
40%
-
^
8
*43 V2
A-0
*83 to
A-0
*75
46 Va
103 Va
105'/*
114
98 Va
105%
105%
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1047a 10571)
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105 to
104 V8 105 Va
132
O
87%
318
66%
87%
J-D
90 "4
89%
91%
284
7574
91%
due..
2000
F (int at 1% to
M-S
86 Va
8574
87'/a
165
66 Va
87%
due
1990
M-S
86
86
87 V#
167
60%
87%
F-A
72
71%
73%
831
55
M-N
9974
9974
99%
103
947'.
100%
•-a
9874
98%
99
155
86%
100
•->
997#
99 % 100
37
91
101
C
1995
(int at 1V*%
*
due
1993
(int at 1% to
due
1959
1
1
1951
J-J
..1951
.....
J-J
Va
A-0
'
40
47%
4074
66 ',8
8774
—
64
7474
debentures
2%s
*102%
.....
Consol mtge 3'/4s series
F
Consol mtge 3s series G
Consol mtge 3'/4s series H__
..
98
103%
129%
131V*
J-D
*101% 102
100%
101%
A-O
*102%
101%
102%
130 %
130 \\
1959
—I960
1965
J-J
130%
__
105 Va
1057a
107%
21
106% 107
7
M-S
M-N
*
A-O
107
107 %
104
107
107 to
105%
106%
107 to
*106
J-J
107%
104
107
107
1961
1960
AInc mtge 4V2s ser A
.July 1970
f A Boston & N Y Air L 1st 4s
1955
Bklyn Edison cons M 3 Vis
1960
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 6s series A
1947
Gen mtge s f 3%s
—1969
gold 4%s series JJ—
1st mtge 4s series RR
106%
3
105% 105 %
F-A
F-A
1955
series II
5s
1st
3
106% 107 to
106%
—1967
1st 5s A C
Boston & Maine
M
102 to
98 to
Steel Corporation—
Bethlehem
1st
86 Va
1950
2%s
Loan
Indus
98
86%
1950
Telephone of Pa 5s series C—1960
Beneficial
97%
97
98
2
11
97%
A-O
Bell
104
106 %
98
27
100% 101
100%
M-N
75 %
74%
75%
78 to
77
78%
30
105% 106%
8
M-N
105%
63
%
80%
8i
%
105%
108%
106'/*
*106%
F-A
103%
70 to
154
F-A
3
106%
1037a 108%
*2
108%
110 A
M-S
107
106% 107
26
106%
1087 a
1969
M-S
106 to
12
105%
107%
1981
F-A
105% 106 to
110% 110%
1
109 Va
111 to
Niag Elec 3tos series C—1967
Buffalo Rochester & Pgh Ry—
J-D
85%
4s
s
f debentures
4tos B
Buffalo
(interest
modified
M-N
109
at
1957
82
A-0
A-O
1960
82
A-O
%
83
117
73%
46to
47
1952
1955
due
M-N
1934
May 1, 1947)
to
§ Alst & coll 5s
—
87
50
38
14
60
86
stamped
3%
37
85
44
11
38%
86%
1946)
1 1946)
Stamped
36
J-J
109%
104 to 105 V*
__
47 %
212
31%
46to
J6
JBurlington Cedar Rap & Nor—
39
47 to
109%
90%
to
Toledo Cin Div ref 4# A__
51
.p
:
:
e51
43 %
5
57 to
477*
J-J
107%
104%
89
..
-
Feb 11960
1
Buffalo Gen Elec
3
52
*46
J-J
1940
7s
I
s
e51
—
*51
J-J
2012
reduced to 2%)
(Int
J-J
1968
Stamped pursuant to Plan A
Hfe'V
57 to
M-S
2004
loan—..
dollar
52
J-J
1999
50 to
37%
42
57 to
J-J
——1956
loan
water
46
*37%
J-J
1950
Stamped pursuant to Plan A
.(Int reduced to 2.5%■■)
A 7s
v;
*44
M-N
1999
external
A8«
98 Va
41
(Int
|ASan
Va
4274
98
J-J
M-S
Beech Creek Extension 1st 3tos.__.1951
45
36 V*
"3
43%
42 to
1952
tund 4s
477*
38
1953
Bangor St Aroostook RR—
Con ref 4s
4s
M-N
2004
8s
46 to
.1948
....1948
104%
105
106%
J-D
ser
gen
Dec
AConv
54
J D
2004
loan
municipal
107 V*
gold 4s extended to
1951
S'west Div 1st M (int at 3V»%
to Jan 1 1947) due.
1950
45
45
J-D
A
Stamped pursuant to Plan A
(Int reduced to 2.25%)
106 %
Ref
Stamped
A7s
106% 107 V*
106 to
—
Stamped pursuant
/(Int reduced to
1
;
1940
j
F-A
106%
J-D
Fgh L E St W Va System—
V
Stamped pursuant to Plan A
(Int reduced to 2% )
...2012
Rio Grande do Sul (State of)—
&
Sep 1 1946)
10474
42 Va
104 to
A-0
of)
M-S
..1964
(int at 1%
due...
1946)
Ref & gen ser
4
F-A
1940
(City
Janeiro
4s_.__July 1952
A...
Ry—
RR—
Ohio
1
Sep
38
"(i
7yas—1952
1947
8s
(City of Greater)
Queensland (State) extl 6s
*106
cons
4V2s
Ref St gen ser D
■71 to
*77 to
de
4974
Ref
to
71 to
M-N
APrague
47
37%
J-J
A
Dec
A
2006
*105
M-N
Line
1st mtge gold 4s
July 1948
Stamped modified bonds—
1st mtge gold
(int at 4% to
Oct 1 1946) due
July 1948
5074
41
2001
J-D
111 Va
110 to
B
to
AExternal loan 7tos
•-
44%
—
1st
unified
111
110%
110
110
____1963
Air
Ref St gen ser A
47
*48 to
__1940
Charlotte
&
mortgage 374s.__.__.
Baltimore
28
J-D
*109
Atlantic Refining deb 3s
36
1963
,
123
'Ill's
J-D
1910
1st gold 5s
Atlantic & Danville Ry 1st 4s
Second mortgage 4s
27%
25%
J-D
.I960
General
34%
24 to
34
123
117
110%
.1955
Atlantic Coast
24
32
24 to
Plan A
(Int reduced to 2.375%).
A Rio
25 Va
*32 to
__
115 to
10
122 to 123
247 a
*24 to
26
133%
*111
1909
2474
A-0
;
pursuant
Stamped
18'/a
152
22%
18%
25%
22%
22
22 to
of
J-D
High
129 to
2
122% 122%
1955
Low
47
131% 132
131%
M-N
Range Since
January I
25 V*
A-O
Alegre (City of)
A Porto
22 to
40%
19%
23
A-O
gold 8s
assented
s
47
1968
assented
s
105%
;__1947
ASta'oilization loan s f 7s
A 4
38 to-
__
24
*25
s
of)
(Rep
987a
3874
23
A Nat
§ A Poland
98%
105 to
of
Knox & Nor
1st
Nov
1995
1905
Atlanta
95
1
M-S
1959
98%
%
95
98%
-.1995
_
Sold
No.
High
gold 4s of
Conv
Atl
94
98
...
A-0
Bonds
Friday's
or
Bid & Asked
Low
1995
4s
4s
gold 4s
Conv 4s
90
gold
Adjustment
Teletype—NY 1-310
Week's Range
Last
Sale Price
;
_
Stamped
Conv
88'4
—
98%
'
MS
2008
external 7s_.
(Rep ox)
88
*95
J-D
•M-S
103%
4s
103
97
__
__
*95
M-N
(Rep)
9774
--
*94 %
A_i90J
AStnmped assented 5s>_.....>1963
Stamp mod 3%s ext to
1994
Ext sec ref 3tos series B
1967
APanama
,'.vi;,:>--v
;■ ■'
Atchison Topeka & Santa Fe—
101
1963
f 5s
s
Friday
Interest
.
101
100
New York 6
Bell
New York Stock Exchange
General
M-S
A-O
Exchange
Feriod
:
1965
loan
Municipal Bank extl
(City)
*115
1956
4%s_
fund
extl
fund
J-D
1958
5s
(Kingdom
Norway
Oslo
1952
Stock
BONDS
0
2008
(State)—
Wales
External
4s
2.125% )
7s
series A
A 6s
New
to
(City)
York
Telephone—DIgby 4-4933
Stamped pursuant to Plan A
A Monte video
New
Broadway
37
-r
41
M-S
47%
38%
2008
I b%s_
s
13%
*19
Stamped pursuant to Plan A
reduced
9%
16
61
external
(Int
13
12%
—
Reorganization Securities
17 Va
1074
1
*22%
18
16
«...
17 to
agree
(Statejr—
s f 6tos
Ueraes
ASec
18
*11
agree
assent
5,
*18 to
agree
^
5,
Q-J
J-D
Railroad
*20
agree
_
A
Q-J
of
ACertilicates
Bush Terminal
457a
deposit..
1st 4s
Consolidated
5s
J-J
31
1
101 to
97 Va
98
102
102
9b
50
47%
103
12
86 Va
6
97%
103
103%
98 %
82
—
Bush
Bldgs 5s gtd
Term
104
'
Us
A8s
series
ASllesla
B
extl
extl 7s
sec
of)
(Prov
—1958
1958
'/a s assented
Sydney
A
external
secured
A 7s
A4
(Kingdom) —
1962
1962
Croats & Slovenes
Serbs
1955
1940
s f 5y2S
(Republic) extl 8s
(City)
Uruguay
——1960
1964
3%s-4-4y8% ($ bonds of 1937)—
External readjustment
1979
Externul
conversion—
1979
AExternal sink fund 6s
fund 6s—
AExternal sink
3%-4Va-4-ft
1978
extl conv
1978
1984
1958
1958
4.41/4.41/28 extl readjustment
3%s extl readjustment
A Warsaw
external 7s
(City)
A4Va8 assented
M-N
20%
20%
*19
M-N
i417
12
27%
Ulu
12
27%
Calif Oregon
32
Canada
26%
Canadian
30 Va
J-D
30
J-D
*19
F-A
101% 101 to
F-A
*100
M-N
22
100
17%
103 V*
75%
89
74 %
29
84
88%
89
M-N
*87%
~
J-D
*87 y8
90
i_'«•
72
87
90 to
91
6
78%
91
72
72
1
70
78
*21
30
J-J
72
F-A
*13%
F-A
17
j
<
4
1814
13
—
Collateral
Clinch
Carolina
25
Cart
19
series
§A5s
Pr;'
A
1953
plain
ig53
1948
AStamped
gold 4s
Express coll tr
1907
Adams
:—1947
Coll trust 4s of
1940
10-year deb 4V4S stamped.
Alabama Great Southern 35/4S
Alabama
mtge
1st
Power
1967
1972
3 tos
1948
Albany Perfor Wrap Pap 6s
:1948
assented
warrants
with
6s
Albany & Susquehanna RR
Foreign Pow deb
&
Amer
I
Chem
G
3 tos
debentures
3 y4s
3s
3s
Am
debentures
debentures
conv
Amer
Tobacco
deb
Co
3s
debentures
Wks»& Elec
Wat
*105 Va
J-D
*103%
fis series
1949
Co.—
1961
I960
1956
196?
-1969
A—1975
1st
&
mt.ge
Co
(111)—
3y»s
series
4y2s
cum income
(Subordinated)
For
footnotes
.19G4
E
'
debs
see
page
2576
Alst
§ A Consol gold 5s
10374
ARef St gen
107
1Q0%
100
"l
100
100
~
98
98
2
102
129
89%
94
10274
102%
103%
pur
1st gold 4s
.1948
Nov
gold
106%
128 % 130 %
361
116
129
131%
103%
103% 103%
36
101 to
104
SACentral RR & Banking 5s stmp.1942
A-0
103 to 103%
100 to
104
103%
88
112 to
10
110%
115%
Chesapeake
88 y2
3
M-S
3
71
94
104
*102% 104
106% 106 y2
16
107%
49
104 to
88%
102
105%
registered
107 Va
(4%%
General
Ref St
10774
118
111%
115
108
110%
*108
V« 10974
86Va
—
103
103%
5
115
8674
%
69
*
J-D
85 Va
F-A
99 to
M-N
73'%
99
103
<£.
927*
V
100
J-J
J-J
to
&
38
100%
21%
72
73%
164
53 to
73 Va
22%
14
14%
23%
2074
2174
561
13%
23%
63%
29%
79%
106%
109 V*
*108% 109 Va
1017* 102
12
96
41%
102
55
521
38
50
4774
52%
797
36%
5274
4674
45%
48%
143
34
^a
48%
51 Va
50
55
35%
.1987
44
10474
104% 104%
8
303 to
106%
108% 108%
20
107%
109
103%
102 Va 103
to
117
1974
F-A
110%
110 to 110
V3
Aug 1
—.1974
A-O
1949)...
89
M-N
89
Ohio Ry—
.1992
1996
1996
104%
12
105
6
104
J-J
*129%
J-J
Alton RR ref 3s
1989
1940
103
*102%
J-J
A-0
I
140 4
104% 104%
1989
4s
85
1
1940
cons
1084
105% 105 to
M-N
F-A
1
9
96% 104%
145% 145%
M-S
gold 4s
1st
consol gold
St
88
86 %
F-A
gold 4tos
JACl.icago
104 %
F-A
Impt mtge 3tos D_;
Div
*
106 Va
1960
5s
impt M 3tos series E
Potts Creek Br 1st 4s
A
87%
*
1024
73 {
103
21 Va
A-O
«.«.««
78
3
*104% 104%
J-J
A-O
__
1st ref gtd gold 4S.1949
gold
Ref &
St
105 V*
107
.1
'•116V#
ref series A
1st &
2d
102%
...
Power 3s_
Y
N
Guaranteed
R
103%
J-J
A-O
102
106%
-~r.
j
10574
1961
1987
1987
M-S
88 to
40
*103% 104 Va
F-A
A-O
J-D
102
107%
105% 106%
967'a
6
40
102
1057 a
3774
106 to
M-N
27
10574
79
106
112
115
1057k 105 %
J-D
37 74
-1987
4s
Central Pacific
Va
112%
79
105 to 105%
109 V2
4
3774
102% 103
105%
120 V*
114% 114%
F-A
1906
3tos
Light
registered...
Central
11574
79
105 to
109%
7
11974
J-J
102%
105'4
121%
11974 119%
A-0
J-D
A-0
9
116%
9
M-N
85
1
121
1940
5s
New
General
A4s
118
121
J-J
100 to
10474
117% 117 %
J-J
F-A
102
102 Va
117%
J-D
116%
v
Eng 1st gtd 4s
JAContral of N J gen gold 5s
a
116%
3
M-S
1943
1945
1959
1959
money gold 4s._1951
1st.
Div
Illinois
JACcnt
A 5s
99
Div
AMobile
Central
102
121 Va
33
J-J
5tos series B
5s series C
ARef & gen
AChatt
109
110%
117%
1962
1955
J
mtge 5s
10374
103
104% 106%
*10012
106
1975
due
104%
P
2
117
of Georgia Ry—
ICenfral
108
U
120% 120 Va
M-S
M-S
Q-J
Armour
103
6
*100% 102
Jan
1st
3%s
Branrh
103
A-O
100%
96%
A Cent
117%
117 to
1981
debs
debs.
107 %
112
120%
1965
Corp 3 tod
108%
103%
J-J
115
4s__.!
8
J-J
1949
Ohio 4s
&
l»t gtd gold
Adlr
St
Celotex Corp
157
—
*107% 108
A-O
*•*,
10474
105%:
J-J
1967
Arbor
14
*106% 108
M-N
gold 4s
1995
Ark & Memphis Bv Bdge & Term 5s 1964
AAnglo-Chilean Nitrate deb
Ann
I
103
F-A
__1998
2030
5 tos
conv
J-D
M-S
A-0
Telephone & Telegraph
American
103 to 104
A-O
5s
157
*140
J-D
3y2s—1946
Alleghany & West 1st gtd 4s
Am
/
Industrial Companies
and
Railroad
1969
...
11474
114
A-O
1960
4 %8
trust
tSACarolina Central 1st gtd 4s
Certificates of deposit—
Celanese
tAbitibi Power & Paper—
—1957
Oct
5s
gold 5s
gold 4%8
Guaranteed
105
M-N
F-A
gold
1970
r1955
Guaranteed gold 4 Vis
1958
Guaranteed gold 4tos
.1951
Canadian Northern Ry deb 6tos—1946
Can Pac Ry 4% deb stk perpetual.....
*100
105
—
gold 4'/aS
National
Guaranteed
106 V*
*107% 108
10674
A-0
M-N
3tos
Power
Soucnern
Guaranteed
*100
M-N
2
4
i.:
23
1968
Power 3tos—
.1974
cons gtd 5s A—1962
Elec
California
21
23
111
89
145%
5' 106%
107%
j
103
130
126
54%
128%
126
w
56%
1.058
32).;
56 V*
NEW YORK
RANGE
BONDS
New York
Stock
Friday
Interest
Exchange
Period
Sale Price
BOND RECORD
JUNE 8
WEEK ENPING
BONDS
Week's Range
or Friday's
Last
FOR
Bid & Asked
Interest
Last
Period
Sale Price
January 1
Sold
Week's Range
or Friday's
Friday
' • r •'
Stock Exchange
York
New
Range Since
Bonds
Monday, June 11, 1945
CHRONICLE
THE COMMERCIAL & FINANCIAL
2574
Low
'
Low
High
.>1958
General 4s
1st & ref 4%p series B
1st
J-J
.->1077
F-A
1974
114% 115
i;V
' if
•-
—
46
111%
115
4
112%
115%
El Paso k S W 1st 5s
6
1041/2
106%
114
inc
mtge
tChicago
Co—
Railroad
Erie
98%
96%
.99
21
90%
77%
76%
77%.
18
65%
77%
Gen mtge inc 4% s series A——2015
1st cons mtge 3'4s ser F-—4—1990
1st CQns mtge 3%s serO
2,000
J-J
94%
96%
23
84
96%
Ohio
M-N
132
*138
140
100
6s ser
ARefunding
gold
series
5s
B—1947
1647
"
ARefunding 4s series C
A 1st
&
A 1st
& gen
1960
5s series A
gen
J-J
90
89
90
27
79
85
84%
85
29
72
23%
100%
156
>440
A-O
*102%
M-S
*106
.>1961
M-N
3 Vis—
mtge
88
99%
97%
-
115
100%
100%
102
104%
106%
„
106%
85
May I960
6s series B
J-J
J-J
23
24
24
24
1950
Chicago Ind & Sou 50-year 4s
1st
1031/a
90
J-J
M-N
Div
100
100% 100%
97%
100%
1971
mtge 3%s ser E———1964
1st cons
Ry—
A
114
1
114
J-J
J-J
-
ARefunding
■
106 Va
101'/a 101%
J-J
■
107
106%
2
114
J-J
/
.
„1947
Louisville
<Xc
75
60
352
74%
J-J
mtge 4Vis
Ind
71%
J-J
—1982
Chicago Gt West 1st 4s series A—1988
inc
74%
2038
Chicago & Erie 1st gold 5s
AGen
J-J
High
103%
17
112% 115
115
A-O
—1962
Empire Gas & Fuel 3%s
1997
(conv»
'
;_i.>1965
stamped-.—'
Low
*106% 106%
A-O
1965
—
•
5s
Chicago & Eastern 111 RR—
AGen
M-S
Range Since
January 1
102%
105%
*102% 103%
>i
J-D
1970
Elgin Joliet & East Ry 3%s
/ 114
104% 105
114%
F-A
ref mtge 33/4S
&
1950
2%s debs
Elec Auto-Lite
Sold
No.
High
High
Low
No.
Chicago Burlington & Quincy RR—
Bonds
Bid & Asked
24%
15%
78
Firestone
Certificates of
tChicago Milwaukee & St Paul—
AGen 4s series A
May 1 1989
J-J
AGen
gold 3Vis series B__May 1 1989
J-J
41
92%
110%
32
88
JFlorida
1141/8
d97
97%
d971/4 114%
111
A 1st
AGen
4'/is
series
C
May 11989
J-J
98
c!97
117%
119
95%
4Vis
series
E
May 1 1989
J-J
98 Vi
d97
117%
39
96
117%
AGeD
4%s
series
F——May 1 1989
J-J
12
96%
105%
117%
128%
120'%
1974
128%.
99%
69%
110
55%
68%
57
73
*103% 105%
M-N
6
68
101%
M-S
1950
ref 5s series A—;_>
of
J-D
101 '/8 101%
*50
4%s„_—_1959
103
104
68%
102
75
119%
d76
&
1st
Coast
15
105
1C5
J-J
deposit
ACertificates
117%
AGen
East
104
*128% 140
127
deb
k Rub 3s
Tire
tAFiorida Cent &r Peninsular 5s_—1943
108
105
■
24%
25
16%
55
*107%
d97% 110%
deposit.
Francisco Sugar coll trust 6s
tOhlc Milw St Paul & Pac RR—
1975
F-A
77%
Jan 1 2000
AMtge gold 5s series A
AConv adjustment 5s
A-O
26%
J-J
90%
99%
1,737
69
99%
25%
27
1,879
17%
27
89%
90%
725
77%
94
103% 103%
15
Gas k Elec of Berg Co cons 5s
Chicago & North Western Ry—
2nd
income
mtge 3s ser B
mtge
1st
conv
1st
Railways
*9 a Chicago
General
1999
1989
4Vis
5s
J-J
103 %
A 4s
103%
Gen
stpd
25%
of
ACertificates
1934
1952
AConv gold 4Vis
I960
Chicago St L & New Orleans 5s
1951
Gold
3 Vis
1951
Memphis Div 1st gold 4s
1951
Chic T H & Southeastern 1st 5s—1960
Income guaranteed 5s
Dec 11960
lASecured 4Vis series A
89%
6
68 %
1011/4 103%
334
78%
103%
7
80%
IOIV2
1,954
47%
521%
73'/4
A-O
66%
64%
67%
M-S
72'/4
70%
73
M-N
22%
J-D
21%
22%
13%
1,509
89
%
Certificates
I
*100
J-D
'■
mtge 3Vis—;
1st mtge
2%s
A-O
M-N
1st
99%
F-A
1967
J-D
j-J
!_1965
—1947
Ry Co—
series B
General 5%s
1952
M-N
14
94%
99%
General 4%s series E
1977
J-J
91
78
83%
94%
Gen
90
»
83
92
105%
10
27
102%
108
.•
105
108
111
105%
106%
100
100
100%
21
901/2
100 1/4
.99% 100 '/8
32
97%
15
98%
F-A
19R7
J-J
3%?
ser
K—
>'—1960
ser
L—
—>1970
J-J
Gen
mtge
—1980
J-J
Gulf Mobile & Ohio 4s series B>
1975
2015
106%
109
108%
1st
.
J-D
112'A
112% 112%
111%
ref
&
Terra
M
5s
;
112%
123
24
38
128'/a
137%
129%
IIOV4
112
105
20
103%
107
10
106
109
10
106
111%
108
74
16%
103
98
A-O
%
18%
102%
104%
6
IOI1/4
106
98'A
62
91
17
98
97%
84
13%
35
102% 102%
102%
106 Va
110
18
103%
104% 105
105
1952
J-J
1969
stpd
Gulf States Util 3%s series D__
119%
99%
104
.
M-N
104%
107
—1969
101'/a
98%
*98
*109%
98%
1081/4
*
—
110
139%
144%
112%
102
5
*102% 103
ref 3%s series D__
Ship Island RR—
101
121'Za
*75
J-J
mtge inc 5s series A
&
105
105% 105 %
18
J-J
1st &
52%
1021/4
91%
108
A-O
Gen
3
107% 107%
Feb
B
39%
106% 106%
1959
100
106'/a
16
ctfs
52%
105 %
Feb
West deb ctfs A_.„
105%
108
debs—
100'%
76
ser
Greyhound Corp 3s
Gulf
107% 107%
3%s
4
111% 111%
J-J
mtge ,3%s
A Debentures
90%
•>
3%s "series 1
mtge
AGreen Bay &
16
37
110%
mtge
Gen
20
5129% 135
111%
73
40
—
137% 137%
J-J
99
101 %
2
122% 123
123
J-J
1970
68
103%
89'/8
'•
.....
105
*101%
J-J
1073
5
52 %
..
101.
101
J-D
General 4%s series D
105% 106
F-A
♦106V8
105
General 5s series C
*108% 110
1969
—1974
G—
52%
52%
1934
1_
mtge 2%S——
Great Northern
106 %
105 Vi
98%
69%
70%
deposit——
99 %
110
1993
ser
of
Grays Point Term 1st gtd 5s_
Terminal—
Union
mtge gtd 3%s series E
1st
A-O
1960
...
M-S
1952
3Vis
J-J
1957
§ A Debenture 5s
1st
8
91
103% 104
J-J
1943
t A Choctaw Ok & Gulf cons 5s
Cincinnati
13
52%
22
107% 107%
1952
deb 5s
& Elec
104%
51
98%
89%
J-J
1962
series D
Gas
104
52%
98%
99
M-S
1963
1963
27/aS ser G
Cincinnati
lG4'/4
J-J
Gen
Chic & West Indiana com 4s
tgAChilds Co
58
J-J
97%
J-D
*__
Union Station—
1st mtge 3'/aS series F
mtge
70%
1949
—Oct 1 1945
—
Ry 5s
of deposit—>'_>__"
Certificates
23%
102
95
106'A 106%
J-D
ACertificates of deposit
1st
Ala
tSAGa Caro & Nor 1st ext 6s
102%
Chicago
1st & ref 4Vis
J-D
M-S
debs
Castings 5%s
&
1949
1969
Corp—
& Utilities
inc
67%
246
89
89
,
J-J
deposit
gold
I ARefunding
F-A
100% 101 %
1927
part paid
Steel
tAGeorgia
'
tChicago Rock Island & Pacific Ry—
AGeneral 4s
1988
Realty
conv
H
Cleve Cin Chic & St Louis Ry—
General
gold 4s
'112% 112%
„
3
1993
J-D
Ref & impt
1977
J-J
94 Vi
93%
94%
272
83
—1901
J-J
83'%
88 Vi
88'/a
12
80
90
& M Div
Cin Wab
1948
1950
1961
1972
1973
1977
modified)———1980
M-N
79'4
deb 5s—_—1952
1961
M-N
104%
105%
105% 105%
109 '/a
111%
105%
108%
.
*_>
108%
Gas
1st
C
3Vis
gtd
Series
D
3Vis
gtd
1st gtd 4Vis
Cleve Short Line
gtd 5Vis
Oleve Union Term
series B gtd
1st s f 5s
f 4Vis series C
F-A
*107%
A-O
(stamped
& Elec
Columbia Gas
Debenture 5s
107'%
A-O
3 07
1061/4 107
A-O
AAdJ income 6s—-.—Feb 1957
106%
105% 106%
19
Illinois Bell Telep 2%s
Illinois Central RR—.
59
104%
A-O
M-S
Columbus k Sou Ohio El 3Vis—>—1970
1st extl
k Tol
Columbus
■
>/
78%
107%
30
102%
107
170
80%
74%
31
♦107%
110
~7
109% 110
1st
103
1061/2
108%
109%
110%
114
114
3s series L
Conn Ry & L 1st k ref 4Vis—.
Conn River Power s f 33/«s A
F-A
—1958
1977
1951
J-J
122%
122% 123%
13
116
1071/4
106% 107%
45
105%
Collateral
108%
lyoi
F-A
—
—
.
J-J
112% 112%
—
1
debentures.
3Vis
debentures
debentures
Consolidated Oil oonv deb 3Vis
3 Vis
Ry non-conv deb 4s
lAConsol
A Debenture
4s
ADebenture
4s
—
1st
1st
mtge 3 Vis
1st
mtge 3 Vis.
2'As s t debs
Crucible Steel 3Vis s f debs
|ACuba Northern Ry 1st
1954
J-J
J-J
103
A-O
102% 103
--
J-J
106 %
J-D
1031/2
5Vis
ADeposit
series
M-N
.
103 %
1051/8
105%
107
103
IO51/2
13
70
69%
103%
15
1031/2 104%
102%
12
.
1
57
69%
106
106'/a
104Va
57
69
41%
103% 103%
21
lines
3%s
107 Va
107 '/a
106 Vi
trust gold 4s
109
llO'/a
*—
102
103
*103% 105
J-D
1942
>>
■
j-J
-~.
68
M-N
1955
M-N
40-year
i960
F-A
4%S—2
*81
39
83
47%
68
68
5
47
1955
A-O
67'/2
46%
47%
39
1
57
& Hudson
Delaware
Delaware,
& West RR
& Western div
ref
&
Income
Delaware
M
5s
mtge
Power
ser.C
due
6 A 1st
consol
4s
4Vis
IDenver & Rio Grande
AGeneral s f 5s
AAssented
I
impt 6s series B4s
107
M-N
108
169
103% 105
24
M-N
A-O
J-J
66%
66
67%
288
J-J
68 '/8
68
68%
93
series
F
—
1978
74
501,4
1950
Dul Miss & Iron Range Ry
57%
73%
5%
19
J-D
107%
J-D
J-D
J-J
33
103
107 Vi
J-J
8
106
109
28
103
63
108%
109%
110 %
-
1
,;
106%
106% 106%
11914
119% 119%
8
3
34
102%
106%
45
INY)
k Ga Div 1st 5s
1st cons gold 5s
1950
1995
*156%
103
12
83%
95
95%
3
82'/a
95'%
J-J
98 %
99
9
89
J-J
5
—1951
:
J-D
99
98%
98 %
103% 105
F-A
*98
99%
1051/8
97
103
*103% 103'/2,
99'%
97%
991/2
292
81%
9 91/2
94%
75
76%
94%
88
11
731
88
1950
1956
Adjustment 6s series A
5s
series
July 1952
B
1950
gold 5s series C
—1—1950
Hydro El deb
&
J-J
J-J
105% 105J/2
82%
85
85
M-S
1
12
1051/2
75
106%
85
*111
A-O
107% 107%
106'A
107%
J-J
82
81
82%
62%
84
A-O
48
46
48
173
28%
49
J-J
78
77%
78
15
58%
69
781/a
78
78
78%
26
58'%
78%
A-O
83
82%
84%
57
74%
88
1947
J-J
104% 104Va
12
1955
B
J-J
1944
6s^
M-S
1041%
106% 107 %
13
104
105%
106%
111 Va
102
102%
1972
M-N
1952
J-J
101%
101
101%
117
102%
F-A
95%
104'A
103% 104%
145
99
104%
5
14%
1955
1-1951
102% 102%
7
M-S
& Clear
1st 4s
1959
J-D
Laughlin Steel 3'As
1961
J-J
gtd 4s—
of
96
95%
96
88%
96%
103%
22
*103'% 104
4
4%s
56
1st
103%
64%
104%
161
167
34
40
1987
J-J
*120%
J-J
J-J
J-J
1961
1954
_1954
1964
——II1959
*75%
gold 3%s
3%s registered^
Lautaro Nitrate Co Ltd—
A
:iv
-'ifryWfK
1 ft
105 3*3
901/2
93
101%
92%
105%
118%
__
•91%
118%
__
68
79
101
106
*106%
J-J
104
104
102
102;
■
-
*105%
A-O
*182
—
J-J
—
M-S
81%
*105% 107
J-J
A-O
33
1051%
103
80%
100% 100%
105
173%
105 A
105 h
~1
105 &
105 A
104% 104%
6%
7i/8
—
182
105 A
109
1
103
110
2
102%
9
4%
'
104%
108%
119V4
91
100%
105 3*2
~~1997
6%s__
—
184
A-O
1961
I
—
91%
J-J
1961
Koppers Co 1st mtge 3s
JAKreuger k ToU 5s ctfs
109%
90%
1950
—i196i
—
ref
*105%
1950
A"pr
unguaranteed—
&
'
90%
—
A-O
—
Kings County El L & P 6s
Kings Co Lighting 1st 5s
35
114
116%
Plain
A-O
„
1st 3s
Stamped
,
105%
1936
deposit
Lake Sh & Mich Sou
Tenn Va
95%
95
95
92%
Kentucky Central gold 4s
Kentucky & Ind<Term 4%s_II
66 Vi
106 Vi
48
33
107% 107%
60%
54 %
10
94%
1951
D
Kansas City. Southern
Ry
Ref & impt 5s>
107%
54%
*112V'8 114
M-S
Puque$ne Light 1st M 3Vis
107% 107%
*44
33
M-N
A-O
392
~/7-:
102% 102%
100%
87%
I ARefunding
ACertificates
21
5'4
62%
92
105
99
J-J
Kanawha k Mich 1st gtd gold 4s
1990
Kansas City Fort Scott & Mem
Ry—
72%
162
1081/B
J-J
74
100
187
K
61
451
61%
92
*100'/2
94%
Jones
59%
16%
108
90
*104% 104%
74
17%
*107% 107%
92
98%
96
106%
105
15
62 Vi
94%
*
J-J
109
14%
3Vis—1962
*§ADui Sou Shore k Atl gold 5s—1937
1961
99 Vi
106'.
15
A-O
Chemical deb 2 Vis
3
84
96
105% 106%
88
James Frankl
108
16
A-O
M-S
Detroit & Mackinac 1st lien gold 4s 1995
ASecond gold 4s
1995
Detroit' Term & Tunnel 4Vis
19«1
61
67
46
94%
96
106 %
971/4.
108%
F-A
1965
>1970
74
107V4 107Vi
98
841/4
1951
Int Telep & Teleg deb gold 4%s
Debentures 5s„
103%
F-A
mtge 3 Vis series G—1960
ref 3s series H
71%
106%
31
98%
75
1021/4
J-D
ser
Paper 5s series A &
Ref sink fund 6s series A
Int Rys Cent Amer 1st 5s B
52
71%
107v2
1973
Western RR—
1955
A Ref Sc
ref
*104
108
'
1936
& Rio
Edison
1973
M-N
42
1936
tDenver
gold
v
107% 107 Va
1993
&
Light 3s
Grande RR—
§AConsol
Co—
107 Vi
88%
J-D
1963
JAIowa Cent Ry 1st & ref 4s
J-D
4s extended—1963
Lack
Y, Lack
J-J
891/4
85
98
O-^
Internat
47%
46 Vi
43
J-D
mtge 4s
§Alnternat
71 '/a
101
98%
971/4
1963
ref
A 1st
68
47%
95 %
100% 102%
102%
1963
A
51%
66
46%
1031%
75
1st
A 1st
85 Vi
10
101% 101'%
j-D
50%
'/a
97%
79
F-A
1 International Great Northern RR—
A 1st 6s series'A
;
1952
60
48
80
£
1951
Indianapolis Union Ry 3Vis ser B_1986
Inland Steel 1st mtge 3s series F
.1961
1031/4
57%
49%
*65%
■—
1948
47
deb
48%
47%
j-D
1—
extended to
102%
*59
J-J
1953
& Iowa 1st gold 4s>
lAInd & Louisville 1st gtd 4s
108%
109 '/a 109 Vi
J-D
A-O
M-N
__1952
Ind 111
108%
106% 106'/a
103'A
105%
104
103
*100%
102%
103
*104%
106 %
A-O
Dayton P & L 1st mtge 3s
1970
Dayton Union Ry 3 Vis series B—1965
Ed El 111
30%
1955
—
D
aast
183
1st & ref 4Vis series C
107'/2 107%
receipts
ADeposit
Dow
40%
1952
111 Cent and Chic St L & N
/Joint 1st ref 5s series A
69%
M-N
receipts
A extended to>_—1940
series B
&
39%
*100%
;
Springfield Div 1st gold 3 Vis
Western Lines 1st gold 4s
Registered
70
58%
M-N
...1952
Curtis Publishing Co 3s
Gen
40'A
M-S
6t. Louis Div & Term
gold 3s
Gold 3Vis
:
*__
—
M-N
1950
1955
receipts
ADeposit
Gen ,&
A-O
A-O
112%
1
1031/a 103%
105% 106'A
69%
49%
RR 1st 5s gold
Detroit
86
80
J-J
1073/4
13
69%
»
J-J
receipts
ADeposit
\
IOO1/2
115%
64%
1951
111%
-
mtge 3Vis
1st
Co
1948
1956
1958
1951
1965
1970
1960
1969
mtge 3Vis
1st
115%
280
J-J
100 %
Power Co—
Consumers
N
1
78%
J-J
Cairo Bridge gold 4s
1950
Litolifield Div 1st gold 3s
1951
Louisville Div & Term gold 3%s_l953
Omaha Div 1st gold 3s_
1951
•
*107%
—
A-O
—>1955
1950
3 Vis
A 6s
72%
115% 115%
—1951
3%s
trust gold 4s
Purchased
123%
F-A
*1141/8
—
gold
Refunding 4s
Consolidated Edison of New York—
A7Vis
96
77%'
1951
1st
'
3Vis
debs
ACuba
•
11
152
86
78%
Refunding 5s
1955
4s
mtge
Crane
85%
F-A
1951
gold 3s sterling
Collateral
1051/4
103%
Commonwealth Edison Co—
'
7
1001/4 100%
85%
M-N
1,981
1st gold 31/2s
82%
108
2 ",:
<
A
series
1st gold 4s
'
Extended
1st extl gold 4s„1948
Columbus & H V
1st
100%
„
*1111/8 114 %
106% 107%
A-O
& Southern Ry.—
Colorado
Conv
142V8 142%
1
.
107
109%
104% 104%
J-J
Series
s
108
M-N
106
107
J-J
Co
1962
gold 5s
1949
Hudson & Manhattan 1st 5s A—1957
101%
__
J-D
lstls f 5s series A
1
M-N
k Pittsburgh RR—
Cleveland
1st
*105%
__
1970
Cleveland Elec Ilium 3s
4%s
M-N
coll tr gold 4s>.—1990
1st
St L Div
1st 4s
*1211/2
Coal
Hudson
94%
4Vis series E
c-l
Hudson
General 5s series B
Hocking Valley Ry 1st 4%s—
—1999
*§Ajnousatonic Ry cons gold 5s
1937
'■/•■..
3*jt
105%
8
1997
J-D
19g7
109%
IO91/4 109%
105%
110%
J-D
107
106 »/2 107
102%
108
Number 4393
Volume 161
THE COMMERCIAL & FINANCIAL
CHRONICLE
NEW YORK
RANGE
BONDS
York
New
Stock
Friday
Exchange
Interest
Sale Price
or
sink fund 4%s
Cons
series
1954
J-J
C____1954
J-J
105%
__1965
A-0
___
Lehigh & N Y 1st gtd gold 4s
„_1945
M-S
—
Lehigh Valley Coal Co—
1st & ref sink fund 5s
1954
stamped
1st & ref s>nk fund 5s
1964
Low
8
High
104%
104%
105 Vk
105%
1
99%
*96%
100
F-A
100
sink fund 5s
1974
"3
93
1
93
93
*92%
F-A
98
100%
1007a
92
*88%
93
89%
95
N Y Gas El Lt H & Pow
88%
N
Y
~1
87 V'4
N
86%
86%
87%
31
74
Y
1950
J-J
93
92%
93%
31
80%
2003
2003
2003
registered
4%s
M-N
M-N
2003
Lehigh Valley Terminal Ry ext 5s_1951
Lex & Eastern 1st 50-yr 5s gtd
1965
64%
A-0
A-O
76
71
55%
90%
20
79
93 "2
120% 120%
47
150
50
47
*132%
132%
119%
121
116
4
109 V'4
116
1949
Island unified 4s
Guaranteed ref gold 4s_
127%
":2
116
M-S
107
107
4
106%
107
1949
__
M-S
107%
107% 107%
12
106%
108
1949
M-S
107 %
107%
1
10678
107 Vi
1951
3s debentures
1963
Louisiana & Ark 1st 5s series A...1969
F-A
119
119
1.
119
A-O
105%
105
J-J
104
103% 104
Louisville Gas & Elec 3V2S
106
A-O
___2003
A-O
3%s series E
M 3%s
ref
&
M-S
series P
*100
105%
105%
107
8
F-A
10574
107%
107%
110%
104%
107
101101|i
101J7
101'%
101V4
101 V'4
114%
115%
*101% 104
M-S
1958
M-N
*
101 %
—
115% 115%
10
,.1947
....1947
1st
ser, B
1954
fund__Feb 1 1957
coll 4s
&
mtge
Sugar 4s sink
Mauati
1960
A
J-D
83
J-D
88
deb
4s
1955
deb
4s
1956
Debenture
certificates
deb
A 1st
3 Vis
1959
M-N
McCrory Stores deb 3'/4
1955
Manila Elec RR & Lt s f 5s
Metropolitan Edison 1st mtge 2%s_1974
Nietrop Wai Sew 61 Drain 5%s
1950
tiiAMet West Side El (Cliic) 4s__1938
105
Y
&
Jack Lans
24%
Sag 3Vis
M-S
M-N
J-J
1940
A-O
t§ AMilw & Northern
1st ext 4Vis—1939
J-D
AgConsol ext 4Vis
1939
J-D
AMidland of N
5s
1st ext
J
§A2d
&
A 1st
4s
mtge
Kansas
series
5s
Sault
&
N
4s
gold
A Cum
adjust
Norfolk
1st
&
A 1st
A 1st
1971
1991
J-J
J-J
ref
J-D
90
1962
J-J
1978
D
A-O
1965
—1975
1977
.,1978
G
ref 3%s
ext
Morrell (John) & Co 3s debs
Morris & Essex 1st gtd 3 Vis
1st &
5s
Norfolk
M
5s
M
Bost
4Vis
&
ref
lien
63%
76
93:%
M-N
35
33%
36
471
25
36%
J-D
73
72%
74%
380
61
Ref
M-N
1992
M-S
963
16%
1.083
4%
87
87
87%
8
74%
1965
M-N
106%
106% 106%
2
106
108
—1963
J-J
106%
106% 196%
6
105%
107%
1937
J-J
78
79%
24
52%
F-A
42
42
F-A
26
26%
1943
M-N
-
1967
—196b
1st 5s A
1955
A-O
1998
J-J
20H
A-0
1961
F-A
Ry 1st gold 4s_1996
A-0
& ref
1974
M-S
1974
M-S
1997
Q-J
1997
Q-J
A
A
5s
&
&
Ref
N
&
3 Vis
Lake
deposit
F-A
105'%
107
F-A
*102%
102
103%
1964
M-S
*107%
107'%
110
"2
.
series
1st & ref mtge 3Via
mtge 2%s
1st mtge 3%s
105
C
Y
mtge 3%s series D
Connecting RR 3Vis A
N
Y
Dock
gold 4s
N Y Edison 3 Vis series D
81
ref
no
106
1
106
O
111%
75
91%
lOgdensburg & Lake Champlain Ry-
116 Vi
1948
120
1974
Oklahomn
J-J
27%
Gas
<Sz
30%
183
20%
30 %
M-S
105%
105% 1057 a
8
103%
106%
100%
100% 100%
1
100%
100%
100% 100%
2
100%
100%
102% 102%
103 5 a 103%
1
102%
103%
12
103%
105 %
103%
103%
7
103%
105%
106
106 %
49
104%
106 Vk
101
102%
14
106
108%
28%
Electric 2%s_. .-1975
F-A.
—1946
75%
262
71
364
77%
94%
79
82
84
78
70%
87
18
74%
1946
94
116
64%
95%
J-D
1960
1970
J-D
87
91
A-0
86
87
J-J
94%
83%
103%
90%
93
102 %
J-J
..1946
5s_
J-D
..I960
stbd
81
90%
Guaranteed
cons
106
P
Pacific
88'%
r'72%
Gas
&
90%
1st Si ref mtge 3s series J
911
33
58%
1st
fz ret M 3s series K
73
91
1st
&
ref
M
3s
1st
&
ref
M
3s series M
71
.
88%
88
89
72%
90%
35%
37%
664
14%
41
87%
89 %
312
72%
90%
F-A
88 %
88
89%
256
72%
90%
3%s series C
1966
Paducah Si 111 1st s f gold 4 Vis—1955
M-S
91
91%
9
79%
91%
Panhandle East F L 3s B
F-A
*106%
__
.
106%
107
3Vis series E
106
106%
106% 106%
106% 106%
105%
107%
10
105
107%
106%
60
104%
108
6
J-D
106% 106%
1
106%
106%
I9bb
B
A-O
105% 105%
2
105%
109
J-D
108% 108%
1
108%
mtge
*107
1960
M-N
110%
M-S
110
107
103%
*103% 104 7 m
Paterson & Passaic G Si E cons 6s_1949
107
105%
112%
J-J
114
Pennsylvania Co—
108%
6
107
108%
A-0
111% 111%
1
111%
113'/a
Pennsylvania Glass Sand 3%s
J-D
105% 106
19
104%
106%
A-0
108
108
*
J-J
96
99 % 100%
100
1952
M-N
*110%
1960
J-D
*106%
Pennsylvania Ohio & Detroit RR—
1st & ref 4 %s series B
1981
J-J
*108%
84%
78 V4
83%
85%
79%
89
69%
86%
4Vis
J-D
M-N
M-N
103
73
103
79%
108%
109%
109 Vi 109%
M-N
69%
*105% 107 711
109 Vi
110
77%
F-A
J-D
1st
&
ref
3%s
107%
53
107'% 108
105
M-N
J-D
J-J
11
104% 104%
106
106
.....
5
106
*107
*112%
103 %
30
106 %
107%
1948
M-N
108%
u
108% 108%
6
107%
1087k
May 11948
M-N
107%
108%
series
1960
1965
1968
1981
A
series B
__
106%
106% 107%
126 %
118%
126%
107
108%
103%
101%
105
Gen
mtge 3%s ser F——
1985
1947
1960
J-J
105%
105
137
102%
105%
108%
109%
106%
105
Peoples Gas L & C ref 5s
& Eastern
Peoria
100
104%
106 Vi
108
104%
107%
A~-0
95
82
95%
15
"2
80
92
94
94 %
35
80
M-S
Dodge conv
Bait & Wash
92
10
95
81
33
83 %
series
5s
gold
&
mtge
1974
-1977
1961
1971
1967
1974
B
4 Vis
98%
98%
4
—1962
-1963
100%
100
>100
1998
F-A
93%
93 Vi
93%
,„.«.2Q13
A-0
92
91%
92%
344
78%
98
230
87
98
97Vi
103% 105%
J-J
*103
197
50
82%
93%
100%
97%
103%
99%
F-A
94
93%
94%
20
87
97
1998
1998
1998
1998
F-A
91
91
91
1
83
94
F-A
92
91Vi
92
28
*86 Vi
F-A
95
81'%
88 Vi
82%
4%s—1964
—1970
102% 102%
J-J
106% 106%
91
22
106 %
33
100%
104
A-0
9
107%
1965
104%
InCl/
mn
*7
infiiA
ma
203 Vi
255
246
249
249
80
106% 106%
28 %
25%
*
M-N
.
0
*101%
—
F-A
102 7
30
16
20
1
25%
-■*
—
104%
106
107
15%
15%
30
26
103%
101%
102
106%
*116 Vi
M-N
—
1Q7
113%
113%
113%
1
113 "4 113%
J-D
1?4%
*114
F-A
F-A
104 V'4
101%
103
_
102%
104 Vi
105%
*105
M-N
M-S
*123
M-N
133
———1962
1974
F-A
128%
2
135
*106
126%
124%
2
133
135
J-D
123
124 Vi
1
126 Vi 126%
326%
J-D
129 Vi
135%
105
1Q7%
134
*125
gen
1st
104%
104
104%
104 V«
103
99
1st
109
104% 104%
101%
101%
103
5
99
26
106 Vk 107
43
98%
1st
104%
4
102% 103%
A-O
Pitts
107
103% 103%
102%
A-O
106%
104%
108%
J-D
103%
F-A
131%
1959
mtge 4%» series C—-—-—1960
Young Si Ash 1st 4s ser A
1948
105%
A-0
128%
105%
A-O
102%
'951
138
106%
15
A-O
8
1965
131Vk
1975
1st mtge 4Vis series B
M-S
105%
3
21
F-A
Gen
105
J-J
35
138
mtge 3%s ser E
i1975
Pittsb Coke&Chem 1st mtge 3%s_1964
Pitts Steel 1st mtge 4 Vis
1950
1st mtge 4Vii series B
.—1950
Pitts & W V* 1st 4Vis series A
1958
10774
1997
106
107% 108
M-N
1964
100
131% 131%
J-J
Series J cons guaranteed
Gen mtge 5s series A_..—
Gen mtge 5s series R
94
-
M-N
64 %
99
108
J-D
1937
guaranteed
1945
gold
—1949
Seriis F 4s guaranteed gold—-1953
Series G 4s guaranteed
1957
Series H cons guaranteed 4s_..__1960
Series I cons 4%s
1963
99
83
175
107%
138
J-J
J-J
90%
49%
106
106
Reading Coal—
Series E 3%s gtd
101 %
99%
99
99%
78%
106
106 %
47
*106
F-A
6s income—---Apr 1964
Series D 4s
100
J-D
04 V'4
2
1st gold 4s—
Phillips Petroleum 2%s debs
Pittsburgh Cine Chi & St Louis—
88
99Vi 100
92
3%s deb_,
{SAPhilippine fly-1st s f 4s
ACertlficates of deposit
97%
80
94
64 %
1980
1952
AGen
96
60%
Marquette Ry 3%s ser D
Philip Morris Ltd deb 3s
3s debentures
98%
81
90
F-A
series C
Philadelphia Co coll tr 4%s—
Phila Electric 1st & ref 2%s
1st & ref M 2%s
1st and ref 2%s
77
90
Apr
General
86
A-O
1974
Philadelphia
,81
70
77
81 Vi
*108
Apr 7t>90
4s
& Pekin
General
100 Vi
108 Vi
4s ext
105%
108%
M-S
Union Ry 5%s
Alnccme
112%
104 '4
6
34
133%
118 Vi
107%
*107% 108
128%
124%
126%
15
Phila
104% 105
J-J
1187k
13
46
Phelps
—,
93
132% 133
58
115%
—
122% 123%
132%
105% 106
126
*100'%
123%
124% 125%
113%
*107
J-D
J-D
124% 125%
123%
19
■
124%
106
101% 102%
■
12
125%
Pere
125%
126% 126%
125
112%
113% 113%
*108%
F-A
A-O
102%
F-A
A-0
106% 107 "«
J-J
95
M-S
A-0
306%
A-O
25
*125
F~A
108%
F-A
1952
Peoria
102 %
F-A
107%
1984
103 %
113'%
A-O
11
mtge 4%s series E
deb 3%s
96
M-N
J-J
107%
107% 108
106% 106%
Conv
18
J-J
J-J
105%
107%
Gen
102% 103%
J-D
108%
5
F-A
104%
96%
__
—
108%
J-J
General 4%s series D
104%
105%
—
——1974
Pennsylvania RR—
Ccnsol gold 4G
4s sterl stpd dollar
Cons sinking fund 4%s
Gs
111
105%
....
1968
3Vis
debentures
4%s
109%
„„
1969
D
ser
& Light
Power
General
M-S
A-O
ctfs
4s series E trust
Gtd
M-N
1966
106%
1979
Pacific Tel & Tel 3%s series
Penna
—1975
107% 107%
J-D
J-D
88 %
Ref
107%
J-D
1971
__1974
series L
37%
65
*102 Vk 102'%
Co
440
89
76%
1978
Electric
ref mtge 3%s series I
Si
62%
2013
3Vis——1997
N
lien
99%
107
105%
J-J
A
Ref
1st
a
States Power Co—
A-O
—
registered
1st
210
88%
84
105%
1974
1945
Hud River
series
87
1967
72%
—
registered
4Vis
145
(Minn)
series D
M-N
York Chicago & St Louis—
Ref
71
25%
101%
1954
registered
Mich Cent cqII gold 3 Vis
New
5
103% 105%
105
M-N
1956
deposit
Shore coll gold 3Vis
3 Vis
J-J
114 Vk
72%
158
16%
100%
3Vis
.
84
109
~3
series C
5s
88%
84
Northern
75
deposit
impt 4Vis series A
&
87%
84
119%
106 Vi
102%
(Wise)
54%
1956
series A
imnt
88 %
128
108%
99%
89%
deposit
gtd 4Vis
Cent
Y
Q-F
Q-A
2047
124
109
77
deposit
C
Central RR 4s
Y
Ref
4
79
93 %
Newport & Cincinnati Bridge Co—
N
128
118% 119
*113% 115%
M.
93 Vk
103
1935
series A
4Vis series D
General
—
48
136
69
106
89 %
1954
of
128
...
65%
136%
136
138
118%
101 Vi
133'%
23
*136
.2047
A
48
*
^
135% 136
47
267
104
75%
.1978
B
A Certificates
65%
106 Vi 107%
98
{New Orleans Texas & Mexico Ry—•
of
64%
__
106% 107%
70
52%
.1953
5Vis
series
~
Jan 2047
-
impt 4 Vis
64%
109 Vk 1097«
98%
87%
.1952
A Certificates
108'%
89 Vi
29
107 V
97 Vi
88%
.1983
A 1st
Id gold 3s
99% 101%
101%
107%
3
1988
A 1st
107
3
108
109%
109 Vk
120
.1974
of
36%
109
J-J
dioo
1961
A Certificates
110
J-J
104%
1952
of
25%
108%
108
—
107
229
J-J
4
1945
series
*108
98
2047
11
88 Li
1948
5s
M-S
35%
34%
26%
93%
107
*106
34%
42
11%
35
2047
91%
54%
.1945
A Certificates
J-J
80
26
1
*96% 102
J-J
19*6
78
17%
89
2047
115%
M-S
1954
A 1st
29%
29%
12%
A-O
15
106%
M-S
.1965
series
17%
28%
14%
26%
J-D
1993
4%s series A
ry &
1087 k
9
25 Vi
F-A
.1960
5s
74%
107%
*108% 108%
impt 5s series C
90
98
.1949
A 1st
70 %
impt 6s series B
N
of
56%
1940
registered.
75%
1947
& St L 4s series A.
inc 5s
27
Ry Co—
gen
General
ACertiiicates
69
84 Vk
registered
1968
Mountain States T & T 3Vis
Mutual Fuel Gas 1st gtd 5s
SANon-cum
68
69%
114
1st 4Vis
series
& Western
4s
1955
1955
4 Vis series B
Chatt
71%
233
3%s series B
&
Central
J-D
-1958
2000
series A
Constr
Constr
Nash
57
1937
Southern
mtge
1st
1965
1966
1951
Tramways
278
&
98%
94
gold 5s series H
Power
71 Vk
&
107%
87
1960
Montreal
69%
St impt 5s
31
84
J-J
mtge 4Vis
Montana
70'k
Ref
25
93%
J-J
debentures-
1st
6s
71
M-N
RR—
series A—Jan 1961
series
5s
57 %
Ref
103% 1037 a
75%
1990
gold 5 Vis
&
163
..1946
1949
1980
A 1st & ref 5s series I
1981
Moh'k & Malone 1st gtd gold 4s—1991
Monongahela Ry 3Vks series B
1966
Monongahela W Penn Pub Serv—
A 1st
71
87
15%
4s
ref
&
AConv
69%
106%
19%
ref 5s series P
&
70
105%
5%
5s series A
ref
General
A 1st
J^J
69
104
4
11%
A
series
5s
56%
-1955
AGen mtge 5s conv inc
{§ANorfolk Southern RR 5s
Pacific RR Co—
{Missouri
A
4 Vis
lien
236
76
gtd 4s
cons
Niag Lock & Ont Pow
92%
Q-F
40-year 4s series B
Prior
69
1954
Niagara Falls Power 3%s
3s
M-S
lien 5s series A
Prior
68%
67%
86
4Vis
Y West
Gen
1949
1st 4s
Missouri-Kansas-Texas
67%
68
1967
u.
1st
Y Telephone
{§ AN
82%
A—1962
A
ser
69
68
74%
Marie—
Ste
ser
inc
& Texas
100
1962
4Vis inc
mge
AGen
Mo
50-vr
ext
Paul
St
70%
56
107
75
-
8 A General gold 5s
^ATerminal 1st gold 5s
90%
dl05
91%
58',a
70%
A-O
{Minneapolis & St Louis RR—
A 1st & ref gold 4s
A Ref
106%
9
70%
86%
1927
Y
101%
109% 109%
10374
M-S
84%
91%
100
9
1957
Queens El Lt & Pow 3Vis
Steam Corp 1st, 3Vis
{§AN Y Susq Si W 1st ref 5s
N
*1007,) 102
•
50
102%
105
101% 101%
F-A
100
107
A-O
N Y
1st
1951
1st gold 3Vis
1
1952
Ref & impt 4 Vis series C
^.1979
Michigan Cons Gas 1st mtge 3Vis_1969
&
114
99
107
114
J-J
4s
Putnam
Ref
*104% 104%
A-0
110%
1940
6s
4s
A General
N
*60
A-O
M-N
3
J-J
{AN Y Out & West ref gold 4s
75
1
114
194a
trust
& ref 4%s series of
80%
'
5
116
{AHarlem River & Port Chester—
Central—
Micnigan
Minn
92%
11
114
-1956
6s_.
Debenture
10174
2
88
92 Vk
M-S
AManila RR (Southern Lines) 4s
87%
68 Vi
53
101% 101%
M-N
1953
A
81%
113%
110%
99 Vi
A-O
Gen
81
iHigh
5
114
107
M-S
...1954
Northern Pacific Ry prior lien 4s
ser
Low
112',4
M-S
3Vis
A
M
Central RR 4%s
January 1
3
114
—
M-N
3Vis
North
Maine
Sold
*105
__
M-N
deb
§ACollaterai
J02 Vi
100
101]
M-S
1945
1st gold 4%s
Montg
Atl Knox & Cine Div 4s
106%
Range Since
Bonds
No.
High
109
108%
114
1973
deb
AConv
105%
103
109% 110%
J-J
1946
_1980
Paducah &
Mob &
107
103%
*105% 106 Vi
1960
Mefn Div 4s
Div 2d gold 3s
Unit mtge 4s series B ext...
St Louis
106
16
25
Nashville RR—
&
1st & ref
1st
1966
2003
105%
West 4s series A_.,-.1973
4s—
A
119%
stamped
Loriflard (P) Co deb 5s—,
J-J
deb
1st
A-0
__
Lack 81
65
M-N
J-J
ANon-conv
70 Vi
22
M-N
2043
2043
ANon-conv
62%
1951
Long
Louisville
2000
]
ANon-conv
68%
45%
1962
Liggett & Myers Tobacco 5s
Miami gen 4s series A
L.tle
4s
gold 3%s
F-A
ANon-conv
76
89%
__
70%
65
73
74 Vi
5
62%
__
M-N
290
62%
67 %
68%
67%
61
__
2003
stamped modified
65 Vi
Friday's
112% 112%
109
109%
J-D
1949
4s series A
ANon-conv
96%
Lehigh Valley RR—
4s stamped modified
4s registered
4 Vis stamped
modified
or
Bid & Asked
tN Y New Haven & Hartford RR—
91
Valley N Y 4%s ext
1948
4%s series B
91%
F-A
5s
Harlem
&
Mtge
90
91%
1954
Lehigh
gold 5s
Pu-rchase money gold 4s_.
93
91%
1974
Last
Sale Price
Lota-
100
100%
100
Week's Range
Interest
Tcriod
105%
104
7
99%
106
Val Harbor Term gtd 5s
Leh
Friday
Stock Exchange
January 1
No.
Hiah.
99%
1964
stamped—
5s
8
New York
Range Since
Sold
32
105
F-A
1954
stamped
& ref
1st
JUNE
Mtge 4s series B__
5s
5s
Bonds
105% 105%
*105
Lehigh & New Eng RR 4s A
ENDING
BON D 8
Friday's
Bid & Asked
Low
Lehigh Coal & Nav s f 4%s A
BOND RECORD
WEEK
Week's Range
Last
Period
FOR
2575
gen
5s series B
5s series C
4%8 series D
-iPittston Co 5% inc deb
«.st
1977
——1964
107%
107% 107%
45
5
105%
103% 103%
105 % 106 Vk
M-N
J-D
*103% 106
J-D
J-D
-
106%
106 %
84 %
99
101
84%
99
161
84%
99
96%
96 Vi
104
104
103%
lUb
99
99
99
106
*120
J-D
J-J
.
44
96%
.
40
101 Vi
*117
(o
01
101
94%
101
BOND RECORD
NEW YORK
RANGE
Week's Range
Friday
;
BONDS
York
Interest
Stock Exchange
Last
Period
New
Sale Price
or
v'.y
Bonds
Friday's
Bid & Asked
Low
JUNE 8
ENDING
Sold
Last
Period
January 1
Low
Interest
1
Stock Exohange
New York
V,:
Week's Range
Friday
BONDS
i'i.1.
Range Since
No.
Biah
WEEK
FOR
Monday, June 11, i94s
CHRONICLE
THE COMMERCIAL & FINANCIAL
2576
Sale Price
Friday's
or
■;•:
Bonds
Bid & Asked
Low
Range Since
January 1
Sold
Uiah
No.
Low
Hiqh
Zlv
103 %
10
103%
105%
106%
105%
107%
106%
High
■
Portland
Gen
El
Potomac
Pwr
:
1st 4%s
Elec
3%s
M
1st
102%
M-S
1960
102% 103
107% 107%
J-J
1966
23
-1977
mortgage 3%s
Steel Car deb 5s
-
.1972
ref
mtge 3s
1st
k
ref
mtge
5s
ref
mtge
8s
.2037
&
34
7
103%
108'4 108%
*151%
J-D
—
11
M-N
100%
101%
2019
1950
F-A
imp M 4s ser C
Remington
Rensselaer
&
(4.7%
J-J
107
for 1945)
due_1975
Brass 3 Vis
'9bu
Grande West 1st gold 4s__1939
A 1st cons & coll trust 4s A
1949
Rochester Gas & Elec Corp—
1977
1967
1967
1969
M-S
MS
M-S
.M-S
M-S
J-J
J-J
Gen
4%s series D
H
mtge
Gen
mtge 3%s series
Gen
mtge 3%s series I
Gen
mtge
*
'
*
M-N
J-J
3Vis series J
1st 4,/aS
Ark & Louis
|§AR I
105 % 105%
14
105
107%
106%
106% 107
15
106%
108 i/a
140
130
140
5s
series
B
1977
A-0
C—
1979
A-0
105 Vi
105% 105%
106%
107%
Gen
&
ref 5s
series
D
1980
J-D
105%
105% 105%
18
108
105%
98 %
109 %
Third
Ave
A Ad J
79%
69
52
Tenn
Pac
103%
31
Ham
Gas
Buff
108%
*109% 110%
25
26%
Oil of
*87%
1933
M-N
103% 103%
—
1955
1950
4s
lien
ser
'
58%
22
48
145
51
65%
61
61
51
1st cons gold 4S.1668
1989
r
1950
32
32
J-J
105%
105% 105%
105%
106%
A-0
105
104% 105
5
104
107
M-N
104%
104% 104%
5
104
107
J-D
108%
108% 109
2
107
109V-4
1955
F-A
1959
3%s debs
A-0
1958
3Vis debs
Pictures
"
••
M-S
*105
109(4
1041/2
101%
101% 101%
107%
104%
;
12
106
98%
1021%
109%
109%
1935
1954
1961
'
debentures—
;
_
1st 4s
South Pao RR 1st ref gtd 4s
56
40%
160
a
*105
104
106
130%
—
__
133
&
gen
gold 5s
Warren
111% 111%
'I-:
87%
1
k
gen
Mem
Div
6Vis
gold
1st
Div
Louis
89 '/a
35
86
111%
28
86 %
111%
__
51%
50%
50%
50%
50%
68"
67%
68%
67%
—
67%
68
ref
3s
%!
50%
53%
681/2
35
52%
68
>
72
108 %
1981
Apr
53 %
A
1991
19f>o
A-O
1955
M-S
gold 3%S—2000
F-A
4s
mtge
3%S:
ret gtd
•
1st
Ltg
k
stpd
5%s
46
57
•y, 5 ■':■••
77
79
*130
*117
118
J-D
gtd
195U
J-D
106% 106%
*1
106%
107%
series I
1966
J-J
108 Va
108 % 108V»
5
107%
110%
1952
A-0
106%
106 % 107%
65
105
107V4
108%
1st 4s
A
series
1977
J-J
108
106
104
1950
M-N
1951
J-D
inc
ser
25-year gold
30-year
5s_.
5s
M-S
M-N
49
West Shore
2361
J-J
103
2361
J-J
4s
1st
guaranteed
Registered
Wheeling & Lake Erie RR 4s
108%
7
317
100
99 Vi
107'/4
6
106%
107%
106% 107%
107%
'
5.
49
37
105%
108
2
101%
103'/4
85
78 %
1970
1958
J-J
1945
J-J
86
M-N
34
Co
1st
107%
IA Wisconsin
mortgage 3s
S
B
ACertificates
{ASu
1st
Central
& Du
4s
1st
of
ACertificates
of
100 Vi
189
85%
99% 100%
456
85
102 Vi 103%
300
84
105
*117
Power
-
4s„.1930
110%
104%
106
32
b 105
,
104
154
86
105%
117%
•;-7.
& —
117%
;
107%
*
79%
*106
J-J
85%
19
154
34
A-0
1971
88
79
-
87%
34%
1968
3 Vis
84 "2
109%
35'
33
-
3%s
88
74%
i
'
106
84%
107%
381/4
20
*109
•
—
351/2
106
108%
109
110 '/a
100 %
102 %
105%
105
100%
99%
M-N
Public Service
83%
*84
1st
deposit
Elec
88
*110 ^"w,
deposit
div k term
Wisconsin
104%
4s
103%
83
A-O
1960
&
Winston-Salem
M-N
/
86%
M-S
103%
92%
106
103
M-S
Wilson
79
.1949
110%
108
103% 104%
92%
83%
102%
108
108%
104%
106 V4
87%
108%
J-J
12
93
107% 108
107%
1960
1951
130
M-S
M-S
117%
107% 107%
Westinghouse El & Mfg 2%s
103 Vi
117
''"VkiU
•
107% 108
May
4 Vis
92%
126
72
105 %
102
Union Telegraph Co—
Funding Si real estate 4%s
68%
1
103 Vi 103%
60
:
105%
2014
105%
*106% 106%
"3
•
101V4
94%
102%
5
.
101 %
81
66
10
*
i 72
72
*101
Wheeling Steel 3% series C
103% 103%
102%
Western
•
F-A
F-A
J-J
101%
100
*102% 105%
101%
V
;
"103% 103%
•72
A
Pacific
89%
99%
28
1967
5s
Maryland
Western
100
84V8
51
100% 101 %
100%
90
5
25
F-A
A..1970
ser
95%
89
100 Vi 100%
Q-M
194fl
3%s
Power 3 Vis
ref
94%
F-A
29%
11
104 %
105
A-O
105%
11
105
107
106% 106%
97
104%
106%
Youngstown Sheet k Tube—
1st mtge s t 3%s series D
J-J
106(4
a
A-O
104 Vi
115% 116%
24
111
116%
120 % 120%
19
117
121%
116%
122%
106
108
130% 130%
A-O
A-O
120 %
j998
J-J
1951
J-J
1964
J-D
1968
102
115 Vi
J-J
3Vis B
_4
108
88%
Apr
1971
78%
—J; "I'1
I
*102'/8
A-0
A-O
1st gold 4Vis„2013
„
108
101'%
>'
J-J
C
series
ASpokane Internat
1st
1st
mtge
Penn
Western
50%
130
102% 102'%
J-J
J-J
39%
39%
94%
44
44%
1
Gen
West
51 Va
32
__
94%
F-A
39%
68%
*92 %
M-S
32
51 %
67%
68
—
1956
5s
Bell Tel
Southwestern
101%
B
ser
Petroleum
RR
Westchester
1091/2
111% 111%
111%
1956
gold 4s
1st
123
A-0
Washington Terminal 2%s
111%
1994
6s
Devel
gen
3Vis
Walworth Co
1956
k
118
Inc series
4s
mtge
Warren
50%
,4
1955
4s series A
Devel
*122
mtge inc ,4.%s series B
1st
105%
102%
5
104
mtge
Gen
J-J
Devel
J-J
__
W
56%-
104'4
104
*131%
M-S
,
.
Ry 1st cons
Southern
104 Va
2003
5s
cons
Wisconsin
Geld 4(is
Stamped
115
103%
Southwest 1st gtd 5s
Gen
54'4
—
v
1977
1968
—1969
1981
1950
Gold 4 Vis
Fran Term
112%
*103% 106%
92%
*110
A-0
..
1941
1950
1964
(Oregon Lines) A
Gold 4Vis
1st
97%
Pacific Co—
1st 4Vis
*115%
*116
gold 5s._1949
B
Coke
97%
72
72
111% 111%
1963
1962
—1979
3%s
87%
11
61
50%
coll tr 7s
k Tel
F-A
M-N
M-S
4s series A—_1955
g
series
Si
1957
1958
cons
f 4s
Coal
116%
92%
—
Skelly Oil 3s debentures
Socony-Vacuum Oil 3s debs
South & Nor Ala RR gtd 5s
RR
s
Iron
Va k
96
55%
A-O
.
deposit
15 ASilesian-Am Corp
k
105
Wabash RR Co—
Y Trust)—
of
108
5
97%
*111%
:
1959
.
1st
13
Cons
48
95
-
:
Bell Tel
37%
91%
A-O
195o
fASeaboard All Fla 6s A ctfs
Shell Union Oil 2%s debs.
2%s sinking fund debentures
8t
103
1971
1980
Washington Central Ry 1st 4s
Bank)—
A 1st cons
1945
ACtfs of dep (Guaranty Trust)—<;/■
\
ACtfs of dep (Chemical Bank)—
t § A At.l k Birm 1st gtd 4s
1933
c
'
14
97%
F-A
A-0
M-S
M-N
dep (Chemical
6s series A
ACertificates
45%
Vandalia
Va
48%
92%
J-D
1941
1971
1952
§A4s gold stamped
A Certificate of
deposit
of
37%
96
J-J
JSeaboard Air Line Ry—
jjA 1st gold 4s unstamped
ACertificates of deposit
A Ctfs
1,151
115% 115%
J-J
1990
J A Refunding 4s
A Ctfs of dep (N
2
46%
J-J
ref gold 5s series A
&
,,
45%
M-N
1989
1952
& K C Sh L gtd 4'/as
Bt
Paul Union Depot 3V4S B
Schenley Distillers 4s s i deb
Scioto V & N E 1st gtd 4s
San
4
1947
1970
grant 4s
3%s deb
Biscuit
1st
unifying 5s
Paul & Duluth
3s
105%
103% 104%
■J-J
Drug 3%s debs
64%
45%
M-S
Nov 1989
bond ctfs
inc
4s
Southern
103%
62%
58 %
62%
44%
1978
JIASt P
Boutta
20%
1
32
62%
56%
deposit stpd
Certificates of
J A 1st term &
■
113%
~5
32
99
61%
---
Louis-Southwestern Ry—
1st 4s
bond certificates
'
48%
57%
J-J
JSt
St
92%
111%
112%
103% 103%
•
103%
1031%
99 %
678
99
58%
F-A
105% 105%
—
RR—
land
&
Universal
61%
—
1950
M 4%s series A
ACons
A Gen
;
A-0
*106
San
Louis
APrior
A2d
104
12
98'4
J-J
57%
J-J
A
ACertificates of deposit
APrior lien 5s series B
ACertificates of deposit
1
1945
35-year 3%s deb
Ref mtge 3Vis series A
86V'a
99%
14
103% 104
103
1967
United
Mt & P 5s stpd
Francisco Ry
L Pock^
Pacific
1st
34-year
90
.
79%
■
--
_.
60%
105
101%
1
II
M-N
1959
(Chic) 5s
Calif 3s deb
United
§ A 1st 4s stamped
ACertificates of deoosit
A
103%
Gulf Division
River &
St.
106%
81
*91
F-A
1971
debentures
Union
104%
;•;•• 5
94 %
103
49
101% 101%
II
1960
debs
104
51
M-S
gold 5s—1949
Corp 3%
103 ':.
104
103%
86%
,
U
103%
106% 106%
*103%
J-J
J-J
A-0
J-D
Union Electric Co of Mo 3%s
3s
A-O
J-D
25
27%
Union
1PW
1947
6t Lawr & Adir 1st gold 5s
1996
2d gold 6s—
—1^98
l£t Louis Iron Mountain & Southern-
33/4S__1960
83
633
70%
16
17%
38
183
58%
109
51
60
69%
23
105%
103
91
56
gold 4s„1946
1st
1st
Elec
&
Tri-Continental
105%
99%
—
89%
58%
ref & impt
108%
*103%
90
A-0
1960
5s
&
J-D
J-J
Jan 1960
1st ref 4s
Ohio Cent
Tol &
105%
100
•>
Orl 3%s__ 1974
of New
RR
Ry
income
Trenton
25%
100'/a
9
}§AUnion Elev Ry
Baguenay Pwr Ltd 1st M 4%s
St Jos k Grand Island 1st 4s
10
series
—
67
105% 105%
ref 5s
108%
25
140
&
*110
69%
109%
140
ref
Toronto
1934
1949
1941
fARut-Canadiau 4s stpd
t§ARutland RR 4%s stamped
105
104%
71
"=■125%
2
Gen
„
69
128 %
.107% 107%
A-O
&
Pacific-Missouri—
107%
126'
6
102 % 103
69
A-O
112
106%
7
107%
107
102%
102 Vi
110%
•.«
M-N
1965
—2000
gold 5s
1st
Pacific
&
Texas
t§ARio
4
__
128 Vi 128%
102%
107% 107%
Revere Copper k
106
20
106% 106%
Co-
RR
Saratoga
mtge
Gen
1956
deb 3%s
Rand
104%
J-D
1959
3s deb
Company
debentures
*107%
128%
Gen
106%
105
1
111% 111%
J-J
J-J
&
Texas
A-O
6
105% 105 %
—
J-J
1953
gold 4 s
f
s
impt mtge 3%s series B„1974
Tixarkuna & Ft Smith 5Vis A
R
1951
103
105%
—
-
Assn of St Louis-
refund
&
Ref
3s
Jersey Cent coll 4s
105%
157
Texas
Co
105
230%
Gen
1013/4 101%
1001
—
«...
108%
155
224%
__
Ref
Reading
16
*106% 106%
■
M-N
110%
107%
15
y"
*230% 250
J -J
103% 1041/2
J-D
_1959
,_1950
Superior Oil 3Vis debs.
Swift k Co 2%s debs-
103%
110
■
J-J
1964
104 %
J-J
Terminal RR
Quaker Oats 2%s deb
104
104
.
35%
25
*110V8 110%
M-N
2037
k
1st
4
*100%
,
J-J
108%
103%
104
J-D
—
33
':
107%
■
F-A
...1961
Standard Oil N J deb 3s
■
101% 102%
M-S
...
Public Service El & Gas 3%s__._ .1968
1st
*113
,v
M-N
,.1956
Terminal 4s
F-A
J-J
.1957
JAProvidence Securities 4s
} A Providence
-
.1951
...I960
104
101
1V
'
1st
Pressed
102%
122
123
13
104 Vi
196
122
1
*108%
107%
107% 108%
21
107%
107
57
nonKil8
tiio Bankruptcy
107%
13
1960
sale
not
M-N
Included
In
y
*1
riday
s
Act,
bid
«
Ex-coupon.
■« «« «» 7
15
asked
e
104%
Odd-lot
ranee
ri ran£#*
r
r
106%
not
salt
sale
Oasb
Is the dollar qnotatloa por 101exchange rate of $4.8484.
*?.e,lng assumed bv suchreceivership,
,n bankruptcy,
securities
or
and
105%
tThe price represented
Accrued Interest payable at the
or reorganized under leetioa IT of
coznp&sf**
prices;
ABonds Belling flat.
65
105
the
yean range,
d Ix-interest.
n Under-the-rule sale not Included in
the year's
^Negotiability Impaired by maturity.
pound unit of bonds.
109%
3
64
62 %
delivery
included in the year s range,
not Included In the year's range,
104%
107
107
Apr
13P/4
95%
Deferred
sales
no
being transacted during current
week.
.
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
In
footnote
a
and
In
the
deferred
delivery sales
week
which
In
they
June
2,
and
ending
the
include every security,
No
occur.
In the following extensive list
present
AND
disregarded in the week's range unless they
are
we
account
furnish
Friday
whether stock
taken
is
of
sales
(June
8,
1945).
It
any
STOCKS
York
Curb
Friday
Exchange
Week's
Range
Shares
Par
ACF-Brill
Acme
Aero
wire
Motors
00
warrants
common
Supply Mfg class A
Class
B
> ins worth
Air
Associates
Air
Invesrors
fnnvornhlp
common
Inc
(N J)
common
8
1
2
preferred
10
FOR
WEEK
ENDING
JUNE
STOCKS—
New
Low
High
7%
York
Curb
4 %
13
12
3 V8
Jan
32
Apr
Air-Way
Electric
Jan
22% May
Alabama
Great
4
May
1,000
13
13%
1.400
9%
3
12
3%
500
500
12
Jan
Jun
2% Mar
36% May
7% May
5%
13%
Jan
3% Mar
37 %
Aireon
Mfg Corp
50c
Appliance
footnotes
see
page. 2581.
afcowm
Apr
Alabama
$6
Alles
Allied
Power Co
$7
__5o
preferred
preferred
&
Fisher
Intl
common
Investing S3
conv
for Week
Shares
Low
.
6%
_
•
I_.IT"
I Ii
nfdIIIII*
17,700
5%
Jun
1
High
Low
6%
61/4
128%
Range Since January
High
5%
8
j&h
6% May
131% May
6%
1,500
3%
Jan
1271/2 128'%
60
69%
Jan
118% 118%
10
115'4 May
118%
J'Jn
1071/4 107 %
10
106 ■
107%
6%
'—
For
arc
Sales
Range
of Prices
3
Southern
Feb
14% May
Week's
Last
Par
Jan
27 Va
"4%
12
Friday
Exchange
High
•:
2%
20
~4
.....
Sale Price
2,500
30
it*
8
19
6%
ontafa*
regmiar weexiy range
Range Since January 1
30
1
1
Mfg
Low
1
10
sellin*
compiled
for Week
of Prices
when
the New York Curb
on
Sales
Last
Sale Price
and
Exchange for the week beginning on Saturday,
entirely from the daily reports of the Curb
Exchange itielf and is intended to
dealings have occurred during the current year.
is
RANGE
New
RECORD
the only transactions of the week,
computing the range for the year,
in
complete record of the transactions
a
bond, in which
or
such
YEARLY
are
41
Apr
10
Jan
Feb
Jan
48
Feb
Jan
Number 4393
Volume 161
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB
RANGE
STOCKS—
York
New
Curb
Week's
Friday
Last
Exchange
(Mich)
Products
Allied
Range
A
Class
Aluminum Co common
preferred
...
Goods
Aluminum Industries common
Aluminium Ltd common
6%
preferred
Aluminum
American
Jan
37
39% May
100
30
Jan
39
May
Jan
9
Jan
Jim
45%
49
8,300
36%
Jan
49
115
500
112%
Jan
117
200
19%
Jan
250
15%
2,000
86%
21%
21 %
20
21
106
109 %
111
%
109V4 1091/4
2
1%
50
2
49
150
16%
23
11,700
26
Jan
Jan
111
Jun
110
Mar
1% Mar
2%
Mar
11%
with Long Dividend Records
Juii
Jan
46
List of
New York Curb Exchange Common Stocks
Feb
21%
Jan
108
400
49
23
8
High
29
114
Book Co
,
Central Mfg—
American Cities Power & *jight—
Convertible class A—•
—28
Class
A
.
25
Class B
1
American
'/a
21 %
100
1
100
1
American Beverage common
Lout
150
8%
45
JUNE
Range Since January I
38
37
37
•
♦
100
•
•
*
Altorfer Bros Co common
Shares
Hijh
37%
28
common
conv
EXCHANGE
ENDING
for Week
Low
10
WEEK
Sales
of Prices
Sate Price
Par
FOR
2577
Feb
Jun
MEMBERS
THE
OF
47
6
49
900
46% May
52
461/a
500
43%
48%
5%
6
4,500
4
Jan
7 %
5.800
38%
Jan
44 %
Mar
Iff
2,200
A
Jan
20%
20%
211/4
400
17%
Jan
36%
36%
36%
5,200
31
Jan
113 >/4
112% 113%
10%
425
111%
New
York
Curb
Jan
36%
113%
10 %
I,400
8%
Jan
10%
Aro
Equipment Corp
Oil
Ashland
Refining
&
200
41%
Jan
45%
Jun
22%
23%
950
35'/2
35%
3 61/4
650
51
Feb
18
24%
Jan
Mar
Cable
Electric
Voting
Cables
32%
Jan
22
24,800
17%
Jan
22
Jun
27%
200
/25%
Apr
28
Mar
California
66%
66%
69 %
575
70
Mar
Callite
~3%
1%
51
Jan
100%
36
"3%
36
Jan
1%
Jan
42,700
36
46%
14%
47%
100
75
American
Calamba
dep rets 5%
Apr
Jun
Fire
Camden
3%
Canada
35
Apr
6%%
Jan
48
Apr
15%
7,900
13%
Jan
6%
700
4%
Jan
11
16%
Mar
6% May
Canadian
Class
10
20,100
%
150
120%
6,'500
4%
4%
4%
700
4%
Jan
8%
8%
9%
1,500
5%
Jan
10%
Apr
Capital
5%
5%
5%
700
3%
Jan
6%
Feb
Carman
18%
18 %
1,325
3%
3%
400
133
26%
112
27
Co
8
6 J/4
6%
%
18
Jan
%
Jan
133
Jan
Feb
Jun
27%
Jun
5
Mar
Class
7%
B
non
Birm
Atlanta
113
19%
City
&
18%'Jan
3
20% May
Jan
4
Feb
Co
$6
Carter
(J
Casco
35,100
3%
Jan
6%
Jun
Castle
(A M)
6%
103,300
3%
Jan
6%
Jun
Catalin
10 %
II,900
Atlantic
Coast
Jan
28
May
114% Mar
preferred
W)
"l%
Atlantic
Coast
Line
Drop
10%
102
_
9
9
76
74
Forge common
New
Apr
Feb
%
475
50
Jan
9 V2
10
Jan
Mar
1% Mar
Apr
11%
Feb
3% May
11%
11%
500
10%
Feb
22
23%
15
15
300
7
400
•
Machine—
7
5
—25
—1
& Sons common—
preferred———
Ayrshire Collieries Corp
13%
12'/a
Feb
& Wilcox Co
&
Proaucts
Light
South
Chamberlin Co of
Corp
34 %
Jun
% Mar
18'/a
Jail
warrants
Purchase
shares—
American
Steel
Barlow
&
(L)
40%
Jun
10 %
Jan
12% May
...8
*3%
18
...1
3%
6,500
6%
6%
800
20;;
6%
2,800
...
Aircraft
Benson
Hedges common
Convertible preferred
;
..—
Bohack
1%
(H C)
1st preferred
Borne
Scrymser Co
Bourjois Inc
Bowman-Biltmore
7%
——*
———100
25
*
Co common...
...
*
100
*
•
1st preferred
$5
2d
preferred
Brazilian
—•
Lgt & Pwr
Traction
Corp common
Brewster Aeronautical.
Bridgeport Gas Light Co
*
*
*
1
Bridgeport Oil Co
Mfg
Co
common
5.000
4 %
1,100
Oil
American
Jan
18%
3%
11
Jun
Jan
28%
Jun
5%
Jan
149%
May
Jan
Apr
30
1%
2%
13.300
16%
200
15
13%
700
46%
Mar
11
46
Mar
2%
Jan
Jan1 :/<*
17
Feb
Jan
Jun
Mar
15% May
Mar.
12%
13
125
10%
Jan
33%
9,100
15%
Jan
33%
Jun
4%
4%
7,300
3%
Jan
5%
Mar
53%
54 %
950
51
Jan
57%
Feb
23
24%
2,000
15%
Jan
24%
Jun
Jan
19 %
53 %
24%
,
19
125
19
124
19%
2,000
9%
190
Jan
110
100
125
32
13
V
125
Feb
Jun
Jun
36%
Jan
36% May
12%
36%
Jan
14%
Jan
2
48
Apr
'
1%
1%
1%
7,200
%
43%
2,900
34%
Apr
2%
Apr
42%
3%
42
3%
37/s
1,900
24%
22%
24%
5.200
20
17
17 %
1,100
15
4%
8
.4%
7%
5%
8
8,200
1,300
3%
May
Feb
4%
Jan
Jan
24%
Jun
Jan
19
Feb
Feb
7% May
5%
10%
Apr
Jan
22% May
17
33
22%
*
Co
170
33
31
British
/^11% Mar
Jan
125
31%
1
Breeze
Brillo
28%
—
common
Jail
12%
4%
*
—
Jun
7% Feb
32
1
& Co
'. 20
Apr
Clinchfield
Coal
Cockshutt
5%
22%
Mar
50
31
Jun
35
300
21
Jan
22% Mar
May
Community
Gas
$3
&
Am
Tobacco—
American
British
Celanese
Amer
British
Columbia
class
Power
Class
A
Brown
$5
Wire
A_.
Rubber
Bruce
(EL)
Bruck
Co
Co
Silk
Buffalo
Mills
Niagara
$1.60
$5
1st
Bunker
Burma
Surrv
Butler
&
Hi
6
Apr
Jun
21
Mar
2%
2%
650
2%
Apr
6%
600
5%
Jan
24%
2,400
~4%
~5
1,600
11
..28
10%
Feb
Feb
26%
93
..2*50
14
23%
114
13%
12 %e
—
_.25r
Jan
5%
Feb
Apr
Mar
Jan
37
Apr
Jan
10%
Feb
10
Jan
12%
Feb
Mar
78
May
Apr
30%
Mar
22
Apr
30% Mar
4%
6,100
8%
Feb
13%
Jun
250
10%
Jan
12'%
Feb
20
20
»25
16%
Jail
21
Apr
123% 124
100
Jan
124
May
123'%
37%
37%
38'%
950
it
117
12%
150
1 %
650
23%
59,500
131% 138%
3,400
20%
23%
137
13
132%
12%
1,800
13
132%
122
20%
260
10%
300
J1111
138
"
%
Jun
132%
Jun
Apr
13
Jun
20%
21
1,200
8%
Jun
11%
Jan
97«
Feb
19%
Jan
22'%
Feb
1%
Jan
Va
Apr
8%
Jan
20%
Jun
Jan
40% Mar
44
42
250
28%
Jun
46
Co
common.—
ordinary
100
* /
•
2%
44
3
;
..
%
13
13%
300
VB Mar
6%
Jun
Jan
13%
Jun
Jan
6'%
Feb
*5%
5.600
4%
2,300
8
6
7,400
5%
5%
5%
37%
25
Jan
14 %
4%
14%
6 %
3%
11%
6
..
warrants
36 %
40
6,250
92
(.90
91
87%
25
1
33%
1%
33%
1
•
14%
wariants..
May
Jan
•
34'/a Mar
41
71
92
%
Apr
14
1%
International
Cuban
Atlantic
Sugar—
Cuban
Tobacco
common
Inc
Jan
Jan
24,100
Jan
2% May
Davenport Hosiery
3
Jan
5% May
Dayton
Mar
Class
900
11%
Jan
1%
100
1
Feb
25
41
Jun
43'% Mar
7%
Jan
67%
Jan
12Va May
77% Jun
76
77'%
3,100
108 "4
130
108%
7 %
12,600
6'%
7 %
(Mo).—
A Jan
35%
Apr
2% Mar
15
2%
Jun
118
106% May
5% Apr
110
7%
May
Feb
Jan
Jan
Jun
61
60%
62
1,300
43%
Jan
65
13%
10%
14
9.800
8%
Jan
14
Jun
Feb
117
May
115
2%
2%
2%
900
2 Vi
Jan
May
3% Mar
21%
1,400
18%
Jan
25'%
Jan
7%
6%
7%
19.100
4%
Jan
7%
Jun
20%
18%
20'%
8,900
13%
Jan
20%
Jun
60
108%
Jan
21
21%
111 % 112
111%
.
..
15
7%
20
3%
3
33%
9%
1%
Apr
9%
Jan
21 %
May
"11
5,800
3%
400
2
150
84
20
99
100
3%
1,600
33%
100
\\
Jft.l
14% Mar
2%
33
«
4
Jan
109
Jan
Jan
Feb
Feb
Mar
100
9%
Jan
10% May
8,500
25%
Mar
31'% May
14.000
1
Jan
X'%
Feb
Jun
11 %
Jan
9%
1.500
8%
3,900
7% Mar
17%
4 ,.';
950
1.600
"2%
3%
400
26%
28%
33.600
13%
3%
38
Feb
1 %
9%
15
Jan
13%
100
3%
Jan
25V*
Apr
2%
Jan
32
27%
37'b
29%
10%
3%
3%
Feb
Jun
8%
17
-
20%
2,100
9%
.8%
10
Apr
Jun
7% May
8%
»/,
%
.
113
,
8
,
Apr
10% May
19%
Feb
4%
Feb
27
4%
49
Feb
Mar
May
22% Mar
28%
Jan
13'/a
18
Jan
Feb
4% Mar
2.50
•
10%
14 % May
1 %
common
2,700
108
28
—5
*
1%
Jan
300
29
1%
preferred.:
Crystal Oil Refining common
$6
preferred
convertible
Jan
U
10%
reg)__£l
8
1
•
.—25c
—25
•
——10
Jan
27%
10%
99
A
1/64
500
41
99
3
33%
(ord
26,900
116
#
Jun
n'l
41
10%
77%
Jun
14%
1%
5c
———•
1
*
..1
50
Co common
Jan
6%
Jan
13%
Feb
F*b
Mar
D
Jun
Rubber
A
it
16% May
7% Mar
34 %
16
Co
Cork
10%
6%
Jan
11
110% Mar
Feb
Jun
35%
Drug
111%
300
117
22%
'750
Crown
400
6 %
Jun
122% May
11,400
Crown
3,200
6 %
16%
Feb
1%
Jan
13,600
Co
14%
2%
4%
14'%
Jan
2%
Crowley Milner & Co
.
—*
Crown Cent Petrol
(Mdi—......—8
24
7,300
Juii
(8
85
Jun
20%
receipts
dep
114%
5%
12
38%
40%
Mines—
Jan
2
Feb
15'%
Co
20%
4%
34%
9
*
13.200
114%
212
5,400
122'%
12%
{$
100
3,400
24
Jan
500
12%
39
Petroleum
Mfg Co
5'%
2%
Petroleum common
convertible preferred
Courtaulds Ltd—
Curtis
4% Mar
18%
Biscuit
Curtis'Lighting
Apr
22
100
40%
Coke Secur common
Brewing
65
275
1
Cosden
Croft
530
23'h
4
•
& Reynolds
"preferred A
American
Mar
13%
1
Inc d
Creole
Apr
4% May
32
Apr
75%
10%
Arms
11
2%
Corp
23%
114%
—
—
dep rets
common.
Feb
7%
Feb
3%
9%
...—
....,
2%
27
20
33
Ltd—
Sullivan
Jan
91
23%
4%
& East Power—
Corp Am
Biscuit
Mar
20%
23%
..
common
preferred.
preferred
Hill
fp
21
common
Buckeye Pipe Line—
Apr
24
prior preferred
Brown
Jun
22
6 %
common
Distillers
22%
Jan
5%
20%
preferred—
Forman
Feb
150
_10s
2%
Fence &
150
Ltd—
dep rets ord reg—.——
Class B ___;
Brown
22%
..£1
19%
19%
21%
..£1
dep rects ord bearer
dep rets ord reg
Am
H Apr
21
Jun
147a May
122%
23%
10
,
5%
British
Jan
Feb
12
•
—•
—•
Cor' von
$6
12 %
4%
4%
10
.
Southern
&
Cornucopia Gold
Co 10
100
23
1
Public Service—
Water Service
Range
14%
May
Apr
13%
——1
Consol G E L P Bait common—
*
*%% series B preferred...
100
4% preferred series C
100
Consolidated Gas Utilities
......1
Consolidated Mining & Smelt Ltd
8
Consolidated Retail Stores
1
8 %
preferred
100
Consolidated Royalty Oil
10
Consolidated Steel Corp
•
Consol Textile Co
10c
Continental Fdy & Machine Co
1
Continental Gas & Electric Co—
7%
prior preferred
100
Cook Paint & Varnish Co
•
Copper
107%
—..4
preferred
Consolidated
10
120
Apr
5
Compo Shoe Machinery—
V t c extended to 1946
Conn
Jan
104%
5
preference
Commonwealth
7%
240
Feb
Electric—
&
Gas
2,100
Feb
10%
23 %
!
Fire
Patent
Colt's
Mar
9%
14%
—_—...100
Colorado Fuel & Iron
Columbia
10
7% Mar
118
1
Airlines
Colonial
26% Mar
Inc
Development
Colon
19%
Jan
Mfg
Co
Plow
Jan
9%
14%
!*»
114% Mar
Jan
14%
5,000
71
Corp
Utensil
Aluminum
Club
12%
Ridge Corp common..
—1
$3 optional convertible preferred—•
(S)
2%
16
Blue
Blumenthal
5%
36%
2%
*
common—
common
W)
(E
4
32
1
Steel Fdy & Mach Co com—•
Blauner's
Bliss
Feb
500
73%
Illuminating
Electric
Jan
Feb
118 % May
100
Co
Lambert
&
May
8%
..100
Mining
Lights
Neon
Cleveland
Community
Bickfords Inc common
Birdsboro
15%
145
*
*
1
&
Berkey & Gay Furniture
4
24%
.100
—
Feb
3%
■i.tdfeL'
;
28
...i
common
of. Canada
Tel
12%
Apr
Feb
3
9
1
..10
Claude
Clayton
8% M^r
106
Mar
Too
Ties
Mills Inc common
Bellanca
Bell
common
Brummel
Beaunit
Apr
Controller
Apr
49
115
8
..100
—;
preferred
preferred B
preferred BB__City Auto Stamping
City & Suburban Homes
Clark
19
Feb
106% 107%
Jun
100
12%
10%
1%
x
—
preferred—
1st
1%
Beau
15%
43
•
Baumann
Jan
1,000
41
12
10%
Mfg-—
Refractories Inc
Basic
12%
52,000
——
Corp
Seelig
convertible A common
$1.20
15%
Andes—
los
Barium
14
41
...1
Rubber Co common
de
14%
..30
preferred
7%
Baldwin
Banco
,
for common.
16%
1,825
60c
May
Jan
Jun"
May
May
42%
14.300
Cities Service common
37
130
3%
jChilds Co preferred
Jan
48%
24%
Chicago Rivet & Maeh—....
15
29%
33
Jun
19
Mar
10
26 %
3,000
4%
Jan
28
3%
$6
32%
Jan
16%
75
24
25
Consolidated
l %
50
23%
America
Jan
Baldwin Locomotive—
35,000
3%
Cherry-Burrell common
Chief
4%
19
24'%
common
Jan
"
Jan
50c
common
Jan
;
6%
preferred—.100
6%
5%
16
Apr
100
Utilities—
West
10%
300
5%
8%
Chicago Flexible Shaft Co common.._•
250
Jan
32%
16%
16%
1
pfd
7%
Chesebrough Mfg
17%
6%
112
9%
Jan
26%
Jan
100
Jun
17
6
110
ptd__100
18%
25%
800
100
%
47%
•
com
pfd
23%
May
150
32%
8
Apr
7 % May
27%
12
5%
Cessna Aircraft Co
Cnaris
4
4
Jan
11%
32%
6
17%
26%
—
6
7%
$6
Babcock
6
12
23
B
Jun
6%
1
Elec
&
200
14%
27%
26%
1
i
pfd opt div ser..
pl'd opt div ser 29
Conv
83% Mar
Voting
Apr
25% May
25
*
preferred
Conv
Jan
Automatic
7%
Feb
7%
10,700
&
Jun
Jan
23%
Jan
108 %
Power
§Cent States Elec
17
2%
1
Gas
Power
Power
102
58%
1
8%
Apr
10
Steel
Ohio
Central
Jan
3
275
76
22% May
Jan
•
America
York
Central
101% May
5,500
9%
Jan
Jan
8%
$7 preferred—*
•
Co
Hudson
Maine
8,100
Corp
6%
Central
3%
Products
(B Ft
Mar
7%
2,700
11'%
Apr
8%
6% Mar
19
,
of
Corp
Central
3%
3%
—--
Automatic
Avery
"l%
102
10%
108%
•
com
&
Feb
11
Feb
8
Corp warrants—
Atlas
_
1
50
Co
Atlas
Plywood
xl7
2,100
T%
11%
10% May
*
.....
Co
113% May
23 % Jan
10% Mar
110%
9%
•
•
Fisheries.
Atlas
1,600
4% May
Jan
Jail
20
1
A
Products
8%
7%
•
common
Jail
20%
7%
Jan
6%
100
Carolina Power & Light
9%
8
9%
*
Carnation
Jan
10
May
3% May
Alcohol—
class
Jan
113
4
7%
Products
Co
7%
19
8
RR Co pfd—100
Coast
&
10 %
10%
3%
•
.
voting
20'%
5
1,400
Jan
1% Jan
100
common.
Canadian Marconi
Central
Associated Tel & Tel class A
Ltd
preferred
111%
6%
8
2
Canadian Industries Ltd—
130
5
2,400
5
voting—
700
9 %
9%
9 %
1
preference..
4,800
111% 112
8%
400
2.300
1
Class B
3%
3%
10
Corp
Industrial
A
27%
1 >•
4
£1
preferred
Car <Si Foundry Ltd—
26%
—£1
dep rects reg
Associated Laundries of America
Range Since January 1
Low
High
Canadian
14%
X131
pfd
Power
Insurance
Cement
Jan
41%
26%
X131
3%
50c
Estate
Electric
Tungsten
105%
3%
3%
common—_BOc
certificates
Sugar
31
61/4
1
American
High
Wireless—
19%
36%. May
Products
trust
&
27%
21%
Industries-
Electric
Associated
Co
Low
Apr
45 %
47% May
preferred.*
2.50
Shares
Par
Central
Arkansas Power & Light $7
for Week
Feb
10%
22%
Anglo-Iranian Oil Co Ltd—
Am dep rets ord reg
£1
Angostura-Wupperman
1
apex-Elec Mfg Co common
•
Appalachian Elec Pwr 4%% pfd—100
Argus Inc ——
—-—<—~1
Arkansas Natural Gas common
•
Common class A non-voting.
•
6 '/o
preferred10
Range
of Prices
Jun
44
2
Fence
Post
fc>ales
Last
21% May
*
Week's
Friday
Sale Price
Exchang*
% Mar
Participating
Anchor
5, N. Y.
Mar
41I/2
1(1
Republics
Seal-Kap common
EXCHANGE
New York
STOCKS
.
CURB
Jan
Jan
39%
401/4
Cyanamid Co common
10
American & Foreign Power warrantsAmerican Fork & Hoe
common
•
American Gas & Electric
10
4% %
preferred
.
100
American General Corp common—_10c
$2 convertible preferred
1
$2.50 convertible preferred—
1
American Hard Rubber Co
25
American Laundry Mach
20
American Light & Trac common
25
6%
preferred
-25
American Mfg Co common...
.100
Preferred
100
American Maracaibo Co
1
American Meter Co
•
American Potash & Chemical
_•
10
2
Amer Superpower Corp
com——10c
1st
$6 preferred
*
$6 series preferred
•
American Thread 5% preferred
3
American Writing Paper common
♦
YORK
Jan
45
American
American
NEW
30 Pine Street
—.
American
request
HERBERT E. STERN & CO.
Jan
50%
23
Jan
on
Mills
Mfg
convertible
—.•
1
35
31
31
Jan
31%
1.200
22%
Jan
31 % May
110
35%
Feb
40% Mar
"f
A■
THE COMMERCIAL &
2578
NEW YORK CURB
RANGE FOR WEEK
Monday, June 11, ig45
CHRONICLE
FINANCIAL
EXCHANGE
ENDING JUNE 8
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Friday
STOCKS
Range
of Prices
Sale Price
Par
&
Gasket
Detroit
Apr
213A
Jan
Hearn
,
1%
2
4,000
6%
7
2,100
32%
33
1,000
26%
26
27%
3,200
193/4
18%
193/4
1,300
1%
.
6
Feb
92
142% May
Jan
7%
Mar
343/4 Mar
1
1
Jan
Apr
263/4
Feb
Feb
11%
Apr
18
Jan
29% May
133A
Jan
20% Mar
*
Jun
11%
Jan
21
20
Jan
30% May
-*
28
•
'
1%
—
56
51
Jun
Jan
95
Apr
8% May
33/8
Jan
11%
400
13
123A
56
200
4
Jan
Baking Co
12% May
4% May
Feb
14 3a
48%
56
47
May
57
Feb
47
46
48
2,250
39%
Jan
48
May
11%
11%
12%
8
Jan
12%
17
Jan
Jan
95%
Jan
100
4,200
97%
Jan
Jan
111
—.
5% pfd.
50
1
1,400
■fi Jan
Jan
40 %
Feb
Jan
29%
Jun
75%
66%
79%
4,775
Jan
49
105%
Jan
Jan
11
8
1%
——
| Eversharp Inc new common—.'
7% Mar
5,100
25
150
29
36%
36%
36%
Jan
43
1,775
12
29
Pipe Line common^-——
1% Jan
6,900
2
45%
9%
10%
Apr
15
>.100
45
15%
35%
32,000
1%
Apr
200
39
45%
Jun
May
1%
Jan
29%
A
Jun
Mar
11%
24
__i
Mar
14%
200
15%
27%
.—ioo
Jun
103%
70
106
1
60
preferred
Inc.
9%
600
37
Derrick & Equipment
common
convertible preferred
F.ureka
107,400
106
Equity Corp
ILsqunc
Esquire
100
14%
10
District Electric
20 %
20%
99 %
15
Eiasco
$3
900
100% 103%
102%
—
May
31% May
1,000
o
5%
•
79%
Jun
108% May
Feb
12
2%
Apr
47%
Feb
12
Jun
32%
39
Feb
May
13%
3,300
3%
3%
6,500
3
May
4%
Jan
17
1,100
16
Apr
17%
Jan
52%
Jan
1
49
Co Ltd—
rets ord reg
Ford Motor of Canada—
Class
<•
38%
Feb
3,400
9%
Jan
7%
1,500
53/4
Jan
26%
>
53
Mnv
Jan
Jan
26%
22%
Jan
27
6%
500
3%
Jan
5%
100
5% Mar
7
Feb
28 % May
34
Jan
4%
~4%
4%
11%
11%
:
•
-
Feb
12%
14%
Feb
150
20% Mar
26% May
450
14%
■
14%
Jan
15
Jan
Jan
13% May
20
103 Va
Jan
100
5%
Jan
23%
700
18%
Jan
24% May
25%
25 Va
200
19%
Jan
57
503/8
59%
5,500
33
Jan
27% May
59% Jun
11%'
11%
11%
10,600
9%
Jan
12 %
17%
16 %
18
550
14%
Jan
14
Jan
15%
Feb
37
Mar
40 %
Jan
8
Jan
11
Feb
May
130
May
105% 105%
23%
6 3/a-
6%
23 Va
106
Mar
9
Jan
May
18% Feb
11
11
100
32%
32%
250
1123/4 112%
30
27'%
100
23.
Jan
28%
46%
900
43
Mar
50
Feb
9
Jun
'
'
124 "
32%
27%
27%
46
■
~8%
8%
23%
213/8
30% Jan
10%
Jan
6,100
5%
53/4
2,900
33%
5ya
24%
34%
200
28
900
3%4 May
14% Mar
.
34
II
18%
17%
3%
Jan
113
7% May
9,200
9
34
Mar
110
Jan
Feb
24%
Jan
Jun
6
*
Mar
May
36
May
4%
Jun
18%
Jun
22%
57%
700
53
Jan
55% May
58 % May
17%
17%
2,000
15
Mar
20
23 %
•
21%
56%
17%
Co
22%
25%
11,050
1,500
1,800
12
7% May
Jan
4%
llVa May
13%
Apr
3Va
Apr
22%
23
200
17%
Jan
23
Jun
24
650
173/a
Jan
25
Apr
553A
Jan
73
Jan
98
116
preferred
11
100
300
60
67%
69 3/4
1
1
64
67
693A
Jan
14
Jan
13% Mar
Jan
26%
May
Mar
12
Jan
Mar
29%
Jun
xll3% Mar
116
52
Jan
68
57%
Jan
71
Feb
2% Mar
3
Jan
220
23/4
2,000
2%
23/4
-
Jun
7
12%
100
66
100
:—
Industrial Finance v t c common
500
113/a
29%
29%
115% 116
—£1
:
13%
113/s
May
25%
Jan
ll3/4
4,300
14
13%
Indianapolis P & L 5%% preferred.100
Indiana Service 6% preferred
100
7%
13%
14
•Jun
Feb
3
2% Mar
Jan
23A
2%
23/4
300
....100
72%
64 3/a
72'A
500
55% Mar
72%
Jun
10
4
101%
100% 101%
450
85
Feb
101%
Jun
400
193/4 Mar
.50
International Metal Industries A
•
International Minerals and Chemicals—
34%
Common
1%
preferred
Insurance
-
of North America
Co
Machine
International
Cigar
International
22
23%
33%
35
23% Jun
Hydro Electric—
Preferred
Utilities
International
Corp
600
16
May
13,500
18%
Jan
22
Mar
20%
700
19%
Jan
21% Mar
9%
2,000
8%
Jun
13
8%
8%
2%
3ya
1,100
30 y8
30 y»
30 y8
100
2%
preferred
35
n"
Jan
1%
Feb
2,300
17%
Jan
41%
Jun
1,700
413A
1
1
3/4
Jan
1%
Feb
23%
23 %
9%
2%
23% Mar
Jan
10%
1
Jan
4
1,300
2%.
Jan
9%
500
2%
19
175
9%
23%
Feb
31% May
53 % Mar
Jan
1% Jan
1
0
1
Iron Fireman Mfg voting trust ctfs—•
Irving Air Chute
1
Italian Superpower A
•
Royalty
Jan
3%
Jan
23
51%
1
9
Equipment—
Home
Interstate Power $7
Investors
9% May
Jun
20%
50
preferred
$3.50
Interstate
24% May
14%
•
15
com
35
Feb
20%
•
10
shares
Products —
International Safety Razor B
Jan
20%
20%
shs__•
coupon
1,400
14%
.
Petroleum
19
20 3/4
series—.
$3.50
(F L)
Feb
4% Mar
Jan
6% May
133/8
7,200
11%
Jan
14% May
53/8
Co
12%
5%
<-'■ 200
43/4
Jan
13%
Glass Co
Jersey Central Pwr & Lt
6%
preferred
7%
preferred
Julian & Kokenge Co—
6 Va
6
6%
1
1
Engine Co
Aircraft
Jacobs
Jeannette
3,000
Feb
6%
107% 107%
100
—•
25
104
Jan
107%
Feb
109% 1103/a
5%% pfd—100
j_.
—.100
40
108
Jan
110%
Apr
114
Feb
113
—
Apr
•MM
13% Mar
6 3/a
£1
Imperial Oil (Can) coupon
*
Registered
•
Imperial Tobacco of Canada—
B
Imperial Tobacco of Great Britain &
Apr
77
—
1,900
Imperial Chemical Industries—
Am dep rets regis—
Ireland
Jan
14%
21%
57%
May
23
23
26
63/8
ctfs
arrear
Zinc
Illinois
Jacobs
-
Jan
8%
3,100
11%
-
8%
36% Jan
Jun
22 Va
preferred-
convertible
May
5%
Distilling
stock—
luii v
conv
8
6
j Franklin Stores
c i^cutert Grain & Malt common
j Fuller (Geo A) Co
$3
Jan
50
j
ipo
75
1,800
Brewing—
Co
Kim
-
Apr
26%
Brewing Co
HPeter)
Fox
28% May
24%
27% n27%
26%
voting—
Fort Pitt
:
Jan
7%
7%
Amer
i
May
65%
170
70%
70
70%
Motor of France—dep rets bearer
Ford
i
;
B
4,500
25%
24
A non-voting
Class
■
;
49%
25
.£1
dep
iin
48%.
25%
-—8
Ford Motor
16%
17
Fedders Mfg Co
-—Co—23
Federal Compress & Warehouse
10
Fire Association
(Phila)
/
13% May
13%
3%
e
Metallurgical
Apr*
13%
1
Brewing
Fa..»w*i
11V4
1
& Inst Co
Engine & Airplane—
Falstaii
48%
11
Warrants
Palrchlld Camera
|
40
53
53
•
50
Registered
*
May
414 Mar
Jan
:
preferred
conv
International
i Fairchuu
9
*
1
1
*
1
Illinois Power Co common
International
"i
Jan
8
preferred
Hydro Electric Securities
flygrade Food Products
Dividend
13%
20%
6%
9
7
Apr
98%
Co common
conv
Feb
47% May
14%
•1,300
105%
Co
Ligonier
Hussmann
Feb
58
1,975
2,625
warrants
%
2
56
20%
Jun
3% May
37% Mar
Jan
48
...
;',
Corp——
National Watch Co—
5 Va
60
Jan
1%
5,100
,
29%
91% May
Feb
"l%
Electrographic
Empire
Feb
46%
~1%
56
preferred
Easy Washing Machine B
Economy Grocery Stores
Electric Bond & Share common...
$5 preferred
$6
preferred
—
Electric Power & Light 2d pfd A.
Elliott
78%
56%
56
$5
Flein
675
4,700
33%
Sugar Associates—-
Option
Jan
2%
88%
59%
"l%
preferred
Eastern Malleable Iron
Eastern States Corp
$7 preferred series A
$6 preferred series B
6%
Eastern
Apr
2Va
88%
preferred
prior
3%
5,400
2'/«
87%
59
Fuel Assoc common..
Gas St
4»/a %
500
25%
CoTp
Fibre
Hummel-Ross
—
1st
East
300
-—.-100
—8
*
5%
Huyler's common
2%
200
8%
11
•
preferred
Hubbell (Harvey) Inc.—
Humble Oil & Refining
Jan
200x
11%
4
Co common
Hardart common
&
Horn
84
'
«...
4 y8
53
—*
*
1
—•
& Co common
(Geo A)
& Hardart
Horn
Feb
29%
8
—•
common
Feb
82%
38 %
450
:
11%
x68 % May
2% Mar
8%
10
Inc—__—
(A C)
Horn
56
„
Hormel
Apr
80%
••
Jun
May
80%
•
8%
74
80%
-
Horder's
67
Jan
29%
2,60
Consolidated G M
Hollinger
Apr
40
1%
8 3/4
8
common
Heyden Chemical common
Hoe (R) & Co-class A
28%
125
7,900
4%
2
100
1
common.—
preferred w w
Henry Holt & Co common
Holophane-Co
68%
67
57% Jun
2%
11
Co
5%%
Feb
Apr
Jan
29 %
CJclSS
53/4
G3A
100
8%
53%
~8%
250
'
Rubinstein
Helena
Heller
313/4
40
2%
2%
-50
Co—
Apr
4 Va
1,100
57%
8
Dept Stores common
preferred
Mining
Hecia
253A Mar
4%
4%
4%
High
Jan
57%
57
.
Hewitt Rubber
500
28
Paper
—
700
21
27%
28
27
10%
19%
Hammermill
23/e Mar
Jan
53A
Feb
25%
1
J
Sulphur
Duval Texas
21
1,500
9%
9
«
Corp
Driver Harris Co
Duke Power Co
Durham Hosiery class B common
Duro Test Corp common—
Apr
20
89
6%
•—1
Draper
18%
9%
32%
Diamond Shoe common
Corp
Distillers Co Ltd—
Am dep rets ovd reg
Divco Corporation
Dobeckmun Co common
Domestic Industries class A com
Dominion Bridge Co Ltd—
Dominion Steel & Coal B——
Dominion Tar & Chemical Ltd
Dominion Textile Co Ltd
Jan
Jan
10
Diana Stores
Jan
Apr.'
5%
"l%
■—IjJ
preferred
HVa
7%
1,600
■
preferred
20
Gray Iron Foundry
1
Detroit Mich Stove Co common
.1
Detroit Steel Products
——10
Vilbiss Co common—
Jan
16
6%
7%
Apr
1,200
7%
9
Detroit
De
Apr
9
9%
7%
1
—
82
138
8%
■
Low
27%
10
Hartford Electric Light
28
Hartiord Rayon voting trust ctfs
1
Harvard Brewing Co
1
Hat Corp of America B non-vot com—1
Hazeltine Corp
'
9'A May
89
*
Ref Corp
Derby Oil &
Low
High
Range Since January l
High
Lou?
Par
High
7%
100
debenture
Range Since January 1
8%
8
50
preferred
<16 prior
-
50c
Dejay Stores common
Dennison Mfg class A common
8%
Shares
Low
'
Curb Exchange
York
New
for Week
Last
Exchange
York Curb
Now
Sales
Week's
Friday
STOCKS
113
10
■
xl08 % Mar
—
213A
—
—
243/i May
Feb
116%
—
Feb
1
K
Kansas Gas St Elec 7%
100
preferred
119
May
5
17%
18%
900
13
Jan
18%
Jun
Ken-Rad Tube & Lamp A
•
32%
32%
350
28% Mar
34%
Apr
Key Co common
Kidde
(Walter)
•
75
8 y4 May
12
Feb
Kennedy's
Power Co
Oatineau
b
Gem
i
Electric Co Ltd—
Am«r dep rets ord reg
Jan
6% May
1%
Jan
3%
1
00
Qen
'
Water Gas & Electric
•
preferred
common
*
•
—
——*
preferred-
$5
May
8% May
6%
Apr
9%
150
8%
Feb
9%
Apr
1,000
18%
Jan
23%
Feb
8%
3,200
105
~1%
10
145,
Jan
10
105
1%
200
1%
3%
3%
500
Jan
145
101
145
—
Jan
105
May
84
Jan
107
May
132
53
>
50
53
50
113% 113%
—
110
2%
Feb
1%
Jan
2'A
Jan
4
Mar
Jan
104
5
Co
&
Lighting 7 %
5% preferred D
Kingston
Products
(D
Knott
Emil) Co common
Rubber Co
64
Jan
52 V2
Jan
73
Jun
433/4
Jan
64
Jun
3 3/a
Jan
5%
Feb
7
Apr
9%
Jan
Jan
1% May
4%
4%
4%
1,800
7%
7%
7%
GOO
1%
__
1%
3.600
16
l
common.
Jan
17%
Feb
16% May
17%
Jan
14%
—^
.
1
new
iy8
38
17%
Jan
15%
10
common
Kobacker Stores
62
?5»A
1,300
•
(I B)
Corn
73
Anr
GO
71
64
22%
lq
50
221/a
1
Ltd
Kirkland Lake G M Co
Kleinert
9
J
Petroleum
Klein
22%
100
100
—1
pfd B
Kings Co
Kiiby
9
9
15%
16
GOO
Mar
9
May
J an
9
Jan
11%
58
800
Jan
81
57%
Jan
80% May
Jan
23
Kresge Dept Stores—
convertible
4%
Jan
52
Jan
111%
Jan
109% May
19%
1st preferred
100
53
Co
Brewing
Co
Gilchrist
;
i
•
McBean & Co—
Gi"
j; Gleaner
On
—....
9%
9%
"coo
9%
•
Coal—:
1
j. Gobel (Adolf) Inc common
I'Uoo.
.ux
Jan
Lackawanna
RR
Certificates
Lake Shore
of
(N
J)
loo
81
Ltd..
80
81
80%
deposit
Mines
80
80%
60
160
.
15
Va
Govern
j
Mfg
—
common
7"'
3,500
b%
Jan
May
109%
Apr
May
19% May
21% May
Jan
22% May
3,300
20
223/a
4,400
17%
4
4
1,000
70
4
71
175
34%
4,800
41
3% May
4% Mar
48%
Jan
71 % May
13
Jan
41
Jun
Jan
113
Jan
Jan
1
Jan
109
"n "13
22,000
%
39%
Feb
39%
Feb
10%
10%
100
Jan
13% Mar
47%
20
47
Jan
51%
Apr
48
48
50
39%
Jan
50
Feb
22%
23%
4,900
22 % May
8%
300
7y8 Mar
1
—I
■■
•
22%
8
8
1st preferred
12
96
95
96%
128
28
-*
Grocrv Stores Products common..25o
Gulf State Utilities $4.40 pfd
100
650
125
127% 128
40
13%
8 Va
8%
113
10
*
8%
113
10%
7%
25 V8 May
9'A
Feb
10%
Apr
15%
Jan
86
Jan
103%
Feb
Jun
140
Feb
127%
200
40%
12%
Paper
Greenfield Tap St Die
Gypsum Lime & Alabastlne
9,100
14
•
stock
13%
.-100
common
Northern
3%
9%
47%
pfd—25
Mfg Co
Great
Atlantic St Pacific Tea—
Great
2,000
8%
21%
10
—
Graham-Paige Motors $5 conv
itapids Varnish
Gray
j
4%
9>A
Feb
80
•
Gram
Non-voting
9,500
4%
Lanison
19%
—*
Inc class A
preferred
Gori.«i.ii
$3
22%
4%
15% Mar
21%
..1
Co
Mfg
20%
Lakey Foundry & Machine
Jan
Jan
20%
40
Gooamnn
21%
52% May
12%
15
22%
•
preferred
$7
['Gold "rid Consolidated Mines
100
21
•
Sugars class A
200
15
*
—2.50
Harvester Corp—
den
17%
15
;
•
35% Mar-
40%
Jun
700
lO % Mar
14%
Lane
Hall
Co
Bridge
U7/a
Lamp
Hamilton
footnotes
Co
Ltd
see
page
2581.
Corp
Wells
Co
Class
United Bakeries class
;
Leonard
Oil
Line
61
~23
Development
Le Tourneau
(R G)
Inc
Lionel
--
■
600
preferred
Brothers
Loblaw
Groceterias
Class
Locke
Class
A
2,100
70
4
250
7
48
•4%
Ho
Lone Star Gas Corp common
Louisiana Land & Exploration..
25.100
13/a
400
28%
Feb
37 (2 May
18%
3,100
13%
Feb
18 Va
17
1.300
14
Jan
19
Feb
29
100
27%
Feb
30%
1,300
23A
Jan
4%
Apr
Feb
1
4% K 4%
/.
114
f
21%
12%
8 3/a
!•
Louisiana Power & Light $6 pfd
Lynch Corp common
21 %
•
12%
j
Jan
2 %
1%
.
v,:/: 24.
;
121 %
Jun
70
36%
>
!
Chain
Feb
Jan
7%
Mar
Mar
16%
„•
B
Steel
Feb
7%
28
16%
25
•
common..
17
30% May
Jan
16
.
Lit
13% Mar
1%
18 %
iq
(Thos JV Inc 6%
Apr
35%
«.i..
_~B
Corp
Llpton
w
|
Material Co
11% Mar
109%
6V2 Mar
53/4
■
,
Feb
5%
Jan
25'%
15%
__
V
Lefcourt Realty common
Convertible preferred
500
7%
Jan
60
1103/4
,THn
8
Feb
200
,
12%
8%
8%
114.
114
Jan
Mar
-
Jun
V"i 24% May
Jan
18%
Jan
22
7,800
10%
Jan
12%
6,900
x8% May
11%
200
Feb
Feb
,•>»: ]0
110
Feb
114
Jun
10%
Jun
Manat.t Ruear optional
Mangel Stores
9%
Jan
6
Apr
12%
6
Feb
Apr
373/8
.
38 3A
; 500
32
Jftn
40
May
2%
(The B)
Internat
Communication
i
preferred
Consolidated
Marconi
warrants
common
convertible
Manischewitz
500
38%
M
114% Mar
Mapes
ll7/a
153/a
•
--
B
Feb
H
11%
common
frrr
Langendorf
Jun
May
Feb
10
of Delaware
Lane Bryant 1% preferred
$5
.
Feb
Mar
18
17%
17%
—
Jan
100
.
..
1
Apr
114V8 May
110
Krueger
52% May
(A C)
Gilbert
9% May
9
99
9
Apr
92
13 %
101% 102
•
Geo: 7ta Power $6
18
23%
8%
common—1
preferred
S3
;;
Jan
23%
23%
•
—
Feb
9%
1
...10
common
preferred
16%
1
*
Gen
<as & Elec $6 preferred B
•
Oeunrm Outdoor Adv 6% pfd—,
100
General Public Service $6 preferred—*
General Rayon Co A stock
•
Gem ral Shareholdings Corp com
1
-onvertible
Jun
-
£1
preferred series A
5 <V
General Fireprooflng
90
3%
Gen
General Finance Corp common
11% May
Jan
1,400
2%
1%
Jan
87%
1.100
6%
5%
5%
1
•
Mfg Co common
ul Alloys Co
Geliman
50
90
90
—-—100
preferred
.
9%
common.,.
Inc
~
Co
Mfg
~"11•
Co..
•
II
•
Marine
Co
Ltd
£1
3
3.200
21%
22
800
129
129
10
2% Mar
3
t
Jan
Jan
23
May
104
Jan
135
Mar
17
Mar
18
Mar
33
Jan
14%
6
Jan
Number 4393
Volume 161
THE COMMERCIAL & FINANCIAL CHRONICLE
2579
NEW YORK CURB EXCHANGE
RANGE FOR WEEK ENDING JUNE
STOCKS
Curb
York
New
Week's
Friday
Last
Exchange
Range
Oil Corp
•
Marion Steam Shovel
•
Mass Utilities Association v t v
I
Massey Harris common
_•
McColl-Frontenac Oil Co 6% pfd—100
McCord Corp common
*
$2.50 preferred
*
McWilliams Dredging.*
•
Mead Johnson & Co__
•
Memphis Natural Gas common...
5
Mercantile Stores common—
•
Merritt Chapman & Scott
__
•
Low
150
8%
10 Va
1.800
1%
7,600
10%
1,700
IV2 i
10 Va
~9Va "9%
9Va
38 %
16%
176
5
100
1
25c
15
Metal Textile Corp
Participating preferred
Michtgan Bumper Corp.-
38 V*
200
15%
17%
5,800
170
179
190
5
3,500
124
50
4%
124
15
15%
15%
29
1%
Jun
11 Va May
Mar
7% Mar
10
Apr
12%
39
Mar
18
Feb
179
Jan
4%
Jan
6
Feb
Jan
91
124
Jan
Apr
Jan
17 %
Mar
5%
Feb
110
Jan
Pacific
Power
Pacific, Public
$1.30
1st
50
Pantepec Oil of Venezuela
Paramount
Pen
Peninsular Telephone
$1.40 preferred A
11 Va
Pennsylvania Edison
11V.
11%
1,900
8%
Jan
20
17%
2OV4
5,100
12%
Jan
20%
20%
20
21
1,400
15%
Jan
23 Va May
"4
-4%
Penn Gas & Elec class A
Perm Power & Light $7
2,000
3V8
Jan
15%
15%
Corp of Canada
Mining
Mining & Mfg
Minnesota Pwr to Light 1% pfd
Mississippi River Power 6% pfd
Missouri Public Service common
Minnesota
Jun
5
$2.80
Feb
$6
series
5Va %
Loan Society
Ward A
Montgomery
•
*
•
5o
10
.
Montreal Light Heat & Power
Investors partic pfd
Mountain City Copper common
Moody
Mountain
Producers...
Mountain
States
Traffic
Mar
16
Mountain States Tel & Tel
Murray Ohio Mfg Co—
Muskegon Piston Ring
*
2%
Muskogee
Co
common
,—*
100
common
preferred
6%
30
Penn
Mfg
May
Feb
Philadelphia Co
2%
Feb
3%
Jan
Phila
Jan
11%
Apr
Phillips
Jan
34
Mar
39
3%,
3%
5,000
3'/a
Jan
3%
5%
6
8,300
1%
Jan
6% May
75
500
60
Mar
"
Feb
Juii
75
„
25
16%
10%
4%
16
10
10
25
10
50
16%
3,100
Electric
Pierce
Gold
Jan
18
11% Mar
Feb
4% May
10 %
1,400
10
Jun
2 Va
100
290
May
10%
Jun
2Va
Jan
Feb
11
Apr
179
Polaris
Powdrell
&
Feb
193
May
350
18% Mar
22
Apr
Pratt
150
38%
Jan
42
Apr
Premier
2
2,900
1%
Jan
2%
Feb
Prentice-Hall
7 Va
3,100
6%
Jan
9
Apr
Pressed
150
24%
Feb
28
Apr
Producers
27
129
20%
500
.
94%
44%
Jan
52%
Juh'
42
50
(
7%
60,600
50
40
Mar
Jan
5%
42% Mar
31%
Jan
81
7%
Jan
Feb
2%
2,500
450
2
%
78
Mar
81
Mar
51% May
2% Feb
1%
Jan
"514
5%
70%
70
4,600
70 %
4%
800
150
Va 199
109%
Jan
Jan
3
Jan
57
Jan
Mur
115%
1.2
Jun
Mar
5%
70%
Jun
Apr
14
16%
11%
12%
31%
Jan
199
35
181
Jan
40
2,300
11%
Jan
18
1,000
11
Jan
225
30
Jan
32% Mar
Jan
10
Jun
Apr
37%
Jan
32 %
16%
10
9%
151%
3,400
7%
25%
Jun
May
May '•
13%
Feb
30%
700
4%
5%
13,000
4
Jan
6%
Feb
414
4 Va
4%
7,900
3%
Apr
4%
Jan
•
q%
9%
9%
1,500
x8%
Jan
9% May
43
Feb
44%
64%
Jan
78% May
20'A Jan
~~
29%
g0
"""~50
73
72
74%
490
10
i«
15%
18%
3,850
25
xl27
131 V«
500
..
|
7 50
common
X127
434
4%
4%
300
111125c
14% Mar
117
Jan
19
10%
1,400
4
Jan
2,600
3%
1,500
12%
19
tp
»
Jan
Jun
17% Mar
Jan
18%
Apr
142% May
6 Va
Apr
Jan
Jan
4%
4%
4
13%
16%
19
10
5
Power Corp of Canada
&
Gold
•
II.,
Mining
Inc
Metals
1
4%
Apr
13%
3,000
U
n
8,000
%
13
11%
13%
6,400
100
Jan
Prosperity Co class B_
•
23
•Mar
Providence
May
Public
10
Jan
17%
Feb
94%
10
89
Jan
94%
Jun
Gas
6%
Feb
Jun
1%
Mur1
73
Mar
Jan
15% May
% yuh
10 Va
Apr
13 %
8 %
May
9Va
107%
Apr
112
1111/*
9
9
Jan
115
Feb
14%
Jan
17
Jun
Mar
Jun
Feb
Colorado—
1st preferred.....
1st preferred
1%
7%
38
Jan
•
19
Jan
Jan
13%
134
18% May
lft Jan
13%
%
—1
Jan
1,200
6%
31
13,500
Jan
of
50
1%
May
Service
125
7%
38
1%
1
America
of Nevada
Corp
7%
38
1%
...*
common
of
18
18%
I—I*
Lambert Co..
18
15%
151
15 %
50
5%
13%
20 Va
--
1
Alexander
42
6%
Feo
52%
May
2% Mar
21%
1%
22
■»
E RR
Muling Co
42
27
50
Jan
112% U5V*
29%
Pneumatic Scale
20%
1%
7
Jan
18%
107 V*
1
Pittsburgh & Lake Erie..,
Pittsburgh Metallurgical..
Pittsburgh Plate Glass.
Pleasant Valley Wine Co
Plough Inc common
Apr
Feb
33%
III ~l
Ltd
Pitts
3
2%
113%
jJ 8
Feb
9%
)%
47
•
Jun
L
Ufa Apr
Jan
50
11
...
&
Jan
1,000
^
199
Piper Aircraft Corp com
Pitney-Bowes Postage Meter
Bess
Jun
8%
21%
81
31%
Mines
J ih
May
26
48
7
r
.
common..
Governor
Pioneer
25
104
Jun
29
25
25
1,900
xl89 Va 191V2
32,200
Jan
Mar
26
42
""fpo
pfd
111% May
10%
20%
13
X22%
20 %
75^
Co_l__:_.IIIIi:~_2
116
8,500
2 Va
200
52
•
common
Power 5%
Packing
Jan
13
1,300
Feb
48
II
Jan
10%
4
25
26
12%
20%
IIII.I*
Jan
4%
9%
Jan
113% May
<J% May
8%
»
114%
13
Jan
12%
T5c
106%
114% 114%
110
97
.*
com
preferred
Co
8%
72
50
•
Pharis Tire & Rubber
500
27
10)
24
HI25
I
j
series~pfd~*
___>
Co
800
350
May
jq
Water & Power Co
550
32V'4
105
•
$5
Co
3 V8
Jan
Co
Penn
9 Va
28%
70
I
Jun
15%
Mar
Jun
106V*
•
35%
30%
,32
3%
6
•
100
Power
26
Aur
37 Va
1
preferred
2%
1
10
A
Utilities
Dakota
Montana
1
10
common
preferred
conv
Monroe
2.50
1
Corp
Pictures
Monogram
550
Jun
42%
Jan
7
IIII.l
preferred
9%
34Va
100
100
•
Inc
Mojud Hosiery Co
Molybdenum
29Va .30
20%
Jan
36
112% 112%
I
common
2% May
11% May
12% Apr
Jan
38
400
Feb
12,400
100
14%
1,000
106
100
~~~
2%
12%
High
1,000
IIIII*
.III*
Co
2%
12%
37 Va
Am shs
Pennroad Corp common
Jan
41
..
4% May
35 Va
50
10
*
1
•
•
Abrasive,.—_—...
Oil Co
Midwest Piping & Cupplj
Mid-West Refineries
Midwest
pfd
Parkersburg Rig & Reel
Patchogue Plymouth Mills
Perfect Circle
Mid-West
Corp
10% May
•
Co common—
Midi ale
Motors
Jan
20,200
20%
40%
36%
26
Va Mar
Jan
19
•
common
3
15%
Lout
•
preferred
8
11
Ranre Since January 1
High
40%
19
NeWcommon
100
4
Lout
•
1,000
1 Va
Shares
37Va
Service
Parker
Midland Steel Products—
dividend shares
Light 1%
Page-Hersey Tubes
Pepperell
$2 non-cum
to
Va
4
for Week
25
•
10%
4%
Range
of Prices
23
common
Feb
5% Mar
Jan
Co
Jan
7%
Jan
Can
Pacific Gas to Elec 6% 1st pfd
5%%
1st preferred
Pacific Lighting $5 preferred
Jun
3%
3%
Pacific
Jun
Jan
144
Sales
Last
Par
95
36% Mar
Week's
Friday
8alo Price
Exchange
Mar
Mar
13Va
2,500
Curb
11% Mar
Jan
7% Mar
3'/a
9%
1
Middle States Petroleum class A v t c_l
Class B v t c—.
1
Middle West Corp commou......
0
Midland Oil Corp $2 conv preferred..*
1
45
10Va
2%
Micromatic Hone Corp
Jan
100
10
Michigan Sugar Co
Preferred
8%
100
~4%
4%
York
High
Apr
2,600
4
1
—2.50
.*
_
Steel Tube
Michigan
2,400
38
4
A preferred
21
95
Warrants
Messabi Iron Co__
Low
23%
10%
1%
New
Range Since January 1
High
23 V*
Margay
6 % %
Shares
STOCKS
for Week
of Prices
Sale Price
Par
8
Sales
100
100
May
Puget Sound Power & Light—
Common
N
Nachman
*
Corp
Bellas
National
Hess
—1
common
1%
25
.—8%
preferred
National Candy Co common
National
City Lines common—_—50o
National Fuel Gas
*
National
•
1
Mfg & Stores common
National
Refining common
National Rubber Machinery
National Steel Car Ltd..
National
—*
12.50
Oil
Navarro
11,200
30c
f
-'¥•
2%
600
21%
11%
11%
24
20 %
•
Mar
24
Jan
Jan
3%
35
12
3,900
12,500
15%
13%
13 %
27
26%
11%
11%
1%
1
300
15%
13 Va
24
Jan
23 Va
11
Jan
12%
Apr
Feb
Feb
9%
Jan
Jan
16%
Feb
Jan
10
'
1,200
Jan
27
1,200
22%
Jan
27%
12
1,000
11%
Apr
1,700
1%
Jan
6%
Neptune Meter class A—
100
—*
5
1.—•
class A
•
preferred
Nebraska Power 1%
Nehi Corp
Nelson
Corp
(Herman)
Nestle
New
1st pfd
Le Mur
Co
•
100
*
100
England Power Associates
6%
preferred^
$2
preferred
New
New
& Tel
Clock
Haven
New Idea
*
Tel
England
Inc
Co
*
*
_
common
New Jersey Zinc.
New Mexico & Arizona
25
__1
Land—
9Va
1,000
5
12%
Jan
6%
Jan
107
300
9
700
13 Va
Power
8%
500
8
48
Voting
Jan
Y
Auction
N
Y
Y
N
Y
N Y
Co
common
24 Va
N
Y
Water Service
Niagara Hudson
5%
6%
Power common
1st
preferred
5% 2d preferred
Class B optional warrants
Niagara Share Corp class B
Jun
60
110%
Feb
122
Jun
Jan
26
Jun
25%
25%
26 %
1,500
20%
Jan
28 % May
66 Va
66
67
2,200
63
Mar
70% Mar
2,300
200
32 Va
6%
B
Rayon class A
81%
83 Vo
4%
5%
129,200
3%
Jan
t
600
89%
Jun
103
300
82
Jan
92
-
5%
102 %
100 % 103
92
90
92
%
%
8
900
15%
16
4,700
2;VU2%
24%
3,100
9,400
26
4%
12,900
127% 129%
300
42'/a
100
4
42 %
———
—
54
3%
6
14'/a
14%
30
54
2%
Apr
121
35%
Mar
Jan
Jun
26
5% May
136
May
43% May
43
May
Jan
56
Mar
1%
Jan
3 %
Jun
100
6
14%
Feb
53
5%
Jan
7%
Mar
6,400
11% Mar
Apr
Jan
110% Mar
39% Mar
1,050
17%
18%
7%
3,700
4,400
14% Mai-
7%
300
Jan
17%
Northrop Aircraft Inc....——.—,-1
No^adel-Agene Corp
—•
7 Va
30
30
30 %
15% May
104% May
34% May
106 %
37 %
36 %
Northern States Power class A
Jan
Jan
Jan
6% May
26 Va
18% May
9% Mar
32%
Apr
Ogden Corp
common
Ohio
Co
Brass
class
B
common
4
•
Ohio Power 4%% preferred——100
Ohio Public Service 7% 1st pfd
100
6%
1st preferred..
Oklahoma Natural Gas
Oliver
common
Omar Inc
OVPTRPHS
4%
1
Securities
1
4%
5,700
600
X29
22%
Jan
5% Mar
Jun
x29
113% May
117%
Jan
Mar
117% 117%
10
116
Jan
111%
70
111
Jan
115% Mar
33%
6%
117%
119 V*
111
15
•
4 %
28
.100
United Filters B
.
Co
6.%
33%
6%
300
.
100
29 Va
Jan
35
38
lVa
Jan
2%
50
32%
Apr
43t*
800
33%
22 Va
Jan
2
Apr
56
20%
19
20%
18 '/a
Apr
22%
Feb
2%
Feb
12,900
1%
2
7,100
25%
1%
26
1,300
1
% Mar
%
Jun
Feb
Feb
May
800
24%
24
24
24
Jan
S >% Mar
14%
26
Jan
18
Feb
19
Jan
25
Mar
% Jan
4%
5
3,800
%
1
1%
1 %
3,100
1%
6 %
May
1%
Jun
1%
Feb
100
15
106
Jun
177
May
200
106%
106
xl4 %
Feb
Jan
3%
10,200
106
1%
% Jun
% Jan
,700
1
12
Jan
15
May
5
5
300
17
Apr
22%
XI6V2
580
12%
Jan
16% May
3%
3%
4
1,000
2%
Jan
8Va
7%
8 Va
7,600
17%
18%
15% xieJ/a
—
10
•
21%
22 Va
22%
2,400
1
•
1
18%
18 Va
11
2%
Ave
6% Mar
18'A
—20
preferred
Si Haynes common
4
%
Jan
Feb
8% Mar
Feb
18%
Feb
24% May
19 "4 Mar
Jan
Mar
Apr
12% Mar
7%
4,900
6%
6%
1,000
6% May
9
Jan
3%
3'/a
8%
6%
8%
3%
1,200
3% Mar
4%
Feb
Feb
Apr
10%
Jan
Class
$2 conv
A
'
Apr
2%
prf.l—,
50
5
Regis Paper common
Salt Dome Oil Co
Samson United Corp common
Savoy
Co
5
•
Oil Co
Schiff
1
1
common—
(D A)
Schulte
1
common
—25
25
*
Bcranton Spring Brook Water Service—
#6 preferred
—*
Scullin Steel Co common
•
Securities Corp General
1
Secman Bros Inc
*
Convertible
.
'
Segal Lock & Hardware
Seiberling Rubber common
1
•
•
—
Belby Shoe Co
Selected Industries Inc common
Convertible stock
Inc.
Beton Leather common
Bhattuck
Denn
Mining
Shawinig'in Water Si Power
Bherwin-Wtlliams common
6
Jan
7
Mar
4%
9%
Jan
10
Jan
5%
10 Va
Jan
16% May
preferred——
cum
pfd series AAA
Deposit receipts
3%
Jan
20%
Feb
5% Mar
8%
23,800
7
May
19%
Jan
5% Mar
8%
Feb
7%
7%
3%
33
4%
4%
6
3,700
3%
1,100
35%
5 V*
5%
3%
33
900
4%
5,300
86
75
87
38%
39
39%
1,300
—
106% 108%
107
460
13%
1,000
8%
800
13
13
'
8
49
~2%
2%
12 Va
12%
3%
22
Jan
Jan
3%
Jan
70 Va
Jan
34 Va
Mar
111% Mar
—
100
49
Jan
10%
Jan
4 Va Mar
42'A
Feb
Jan
2
2,500
12%
2%
88%
5,300
2%
9%
19
•
Jan
Jan
1 Va
Jan
2 Va
17%
16%
17%
9,300
3,500
25
90%
90 Va
90 34
400
92
92
100
82% Mar
83% Jan
1
1
_1
19
18
19
400
14%
•
11
2
.
—
Safety Control
Serrick Corp class B—————
Sentry
Jan
16%
68,500
5
certificates
B)
2%
1,575
6%
.1
prior stock
(R
100
19%
5%
6%
preferred
Manufacturing
Scranton Elec $6 pfd
Bcovill
Semler
19
2%
18 Va
Corp Ltd
Lawrence
8t
Allotment
Apr
4,300
52
2
27 %
1
Works
St
$5.50
0
4%
Feb
Jun
Apr
Feb
1 Va
1%
20
Jun
%
8 Va
Jan
19% Mar
Feb
Jun
13%
2
May
14 %
0
common—
Aeronautical Co.
Consolidated Petroleum
Ryerson
Jun
17 Va
99%
37%
—.
Ryan
1,200
3%
—50
5% pfd__100
20
25
Northern Natural Gas
Ryan
Jan
13%
—.
Northern Indiana Pub Serv
Feb
tV Jan
6% Mar
20
2%
33%
28
•
,
Rotary Electric Steel Co^
May
36%
American
North Penn RR Co..
Petroleum
Russeks Fifth
90
5%
87% May
193
Jan
Jan
18
1
v t c
Inc
$1.20 convertible
110
Jan
12% Mar
15%
*
Utility Securities——*
Northern Central Texas Oil
3
Northeast Alriines
—1
64 %
1,000
7%
—50
priot preferred—
North
21% May
16% May
17%
—.—*
common
23 Va Mar
107% May
4Va
American
Jan
20
24%
Class
Jan
Mar
110
81%
1
North
Corp
Metal
Art
Root
22
33 Va
200
17%
Light & Power common__l
preferred
.——*
Electric
Cable
Rome
Roosevelt Field
Apr
iya
15%
4%
pfd D—*100
Pendleton Inc
Feb
30 Va
107% 107 Va
Jan
925
1
Royalite Oil Co Ltd
5
Amer
Rio Grande Valley Gas Co
Rochester Gas & Elec 6%
Feb
16%
32'/a
2%
Noma
Jan
6%
Jan
9,000
——
...—
Roeser &
40% Mar
Mar
Jan
1%
%
warrants
Radiator
Rights
Ronson
*
Mines.
3%
Mar
Mar
x5
-1
5
Nipissing
2%
40
5
•
Engineering
Goods—,
Dry
Richmond
14 V*
3 Va
•
Co
&
18%
19
Oil Corp.
300
%
com
Nineteen Hundred Corp B
$6
100
100
.
Niles-Bement-Pond
North
.100
10
24%
Stix
26
$5.10 pfd.100
pfd—.
Rice
122
3%
1%
1%
•
common__50o
Co
Roller Bit
26
1
shares
71% Mar
Jan
•
1
Reliance Electric
Jan
—10
Merchandise
Founders
Reed
Feb
21%
Shipbuilding Corp—
N Y State Electric & Gas
Red Bank Oil
Feb
7%
120
10
Rosario
Honduras
&
Manufacturing
Raytheon
14% Mar
63
City Omnibus warrants
N
11% Mar
10%
25
S'A
76%
156
13
1
10
Packing Co. common
Raymond Concrete Pile common.
*3 convertible preferred
Jan
1,275
....10
—
Railway & Utility Investment A
Apr
Jan
24 Va
•
N
common
Richfield
3%
GO
Railway Si Light Securities
Jan
68%
*
200
Jan
R
Radlo-Keith-Orpheum option warrants.
7'Va
12
New Process Co common.;
89 Va
0%
Apr
110% May
May
67%
68 Va
13% May
162% 162%
.——...100
•
Co
6
7 Va
2,500
87
xl7% Mar
May
120
9%
15%
18% May
17% Jan
»•••
2% Mar
110
1;) % May
13%
•
preferred
Quebec
Rath
109
Jan
13% Mar
Q
Quaker Oats common
14% Mar
i 5%
1
16Va
425
Feb
14%
38
5 Va
5%
Feb
800
17%
15 %
Jun
15%
11
%
107
25
18 Va
16%
5
..10
10,500
18%
•
Manufacturing
17
107% 107%
•
....
39% Mar
20 Va May
8%
15%
Pyrene
Feb
16%
ig%
May
39% Mar
-
23%
X23 %
——*
Co..
19%
33% May
National Tunnel & Mines common——1
Radio..
3
*—
Sugar Refining
Union
300
16%
•
National Transit
National
22
2%
2%
20%
$5 prior preferred
Sound Pulp & Timber
Pyle-NaHonal Co common
Puget
21%
22
*
National Breweries common
10
8
•
100
1 Va
900
Jan
H
Apr
Jan
5% Mar
4
17%
112%
..100
1
--
12
*
10 y8
Jan
11%
600
3%
4 Va
4,100
16%
17%
500
15%
Apr
112% 113%
500
102%
Jan
60
114 V*
Jun
105%
Apr
10%
114% 115
3%
Jan
111% Mar
Feb
4%
38
Feb
May
4 % May
88% May
39% May
113%
Feb
THE COMMERCIAL &
2580
EXCHANGE
NEW YORK CURB
RANGE
Range
of Prices
Sale Price
Par
Co
Silex
20%
Jan
21%
Feb
20 %
Apr
20 %
Apr
15
--
14%
575
15%
for Week
Shares
12% Mar
16% May
32
Jan
36
3
Apr
267% Mar
320
R°dio
Utah
•
preferred
Light $7
Products
Utah Power &
--1
10c
1
Utility Equities common
stock
$5.50 priority
Range Since January
High
Low
Par
High
Low
•
common
Sales
Range
of Prices
Friday
Range Since January 1
High
*
*
Ltd
Breweries
Slck's
Week's
Last
Sale Price
Exchange
Curb
York
New
•
of Canada
Sherwin-Williams
-
.
STOCKS
Shares
Low
;
JUNE 8
WEEK ENDING
Sales
for Week
Last
Exchanf*
Curb
York
New
Week's
Friday
STOCKS
FOR
Monday, June 11,
1945
CHRONICLE
FINANCIAL
Low
1,475
77
75%
65 %
High
78
9%
2,600
7%
Jan
3%
9%
Jan
9%
77
3%
200
1%
Jan
10% Feb
3% Mar
Jan
96
200
93
92
92
92
Mar
Feb
Simmons-Boardman Publications—»
preferred
convertible
$3
Pattern
Simplicity
1
100
common.^
Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec 1%
pfd
Smith (Howard)
Paper Mills
Singer
Solar
Aircraft
Solar
Manufacturing
.
Co
Coast
Corp
Penn
Colorado
Y*te£tr Corp common
1
convertiDle
8%
1,800
7%
Jan
9%
2%
Jan
3%
7%
Jan
8% Mar
5
5>A
400
4
Jan
5% May
46%
47 >/b
600
29%
29%
50
,4
42%
27
49%
May
Feb
32
Jan
44%
Feb
31%
31%
30%
Jl/a
30-'h
31
41%
46
Jan
31% May
29%
400
Jan
30%
100
600
Mar
1%
134%
Jan
8%
Apr
•»
—
9%
9%
—
100
13%
13%
300
61
58
62
410
X51%
10
Jan
Jan
11
10%
Feb
14%
Apr
Aircraft
Jan
63 % May
•
Co
7%
Waitt
&
claas
Bond
Knitting Mills
Wayne
Ve.ntworth
Texas
West
Va
Weyenberg
Willson
17
2,200
27%
Mar
Jan
Jun
Wichita
Oil
(R
C)
1,950
17
Mar
900
3
Jan
4
Feb
1,600
18
Jan
35
May
4%
1
20
10
convertible preferred—.
$1.60
Standard
(Ky)
Oil
pfd
(Ohio)— 5%
Standard Oil
class B
Common
Preferred
Products
Standard
Co
Standard Silver Lead
Standard
class
Tube
(At
&
Co
H%
preferred
preferred..
Sterling Aluminum Products
%
Stetson
Stinnes
(Hugo)
Stroock
Bun
Drue
Superior
"A"
Class
"B"
Bwan
1,900
11%
% May
Feb
129
16"% May
Jan
i7<i
4,200
%
Jan
%
5%
5%
2,000
"9%
10%
4,400
9
70
135
Feb
Jan
^30 %
Apr
Jan
38
Mav
111
152
149% 152
29%
50
29
35
35
25
27'/4
19
MM¬
3%
Jan
1,500
Jan
65
21
Feb
14%
Feb
15%
Mar
21
Jan
14%
14%
200
13%
Jan
15'A Mar
500
5%
Jan
12%
50
11%
Jan
7%
200
6
Jan
20
110
Jun
7%
7%
12%
12%
13%
*
5%
Apr
16
Feb
Jan
14%
7%
7%
4,400
•
15%
18%
6%
'
15
•
200
16
Feb
7%
1
24
24
Jan
1%
18%
Jun
3% May
Jan
12
Jan
16
Jun
23%
100
24%
•
52%
50%
*
part
common
Finch
Oil
-
1
Corp..
18
17%
II
-
*
2
Jan
31%
Jun
Mar
Curb
•
4%
Technicolor Inc
Texas
Power
Texon
Oil
Textron
Thew
Tilo
...•
32
IlOO
common
120
22%
common
&
Light
pfd
7%
& Land Co
2
-I
2%s
f
s
3%s
s
f
s
3%s
f
Roofing Inc
Realty & Construction
Tobacco
&
Tobacco
„
.1
Stocks
Writing
52
% Jun
20
Feb
12%
Apr
Associated
Paper
Elec
Elec
3'As
J-Df'l
Allied
Jan
800
32
5%
27%
Jan
7'A
32
116
50
Jan
9
Jun
600
17,600
150
11%
1,400
9%
Jan
12% May
9%
1,000
7%
Apr
12%
9%
Jan
23%
Jun
Jan
36% May
61
Jan
Security Trust Co Ltd—
dep rets ord regis
Amer dep recs def reg
Todd Shipyards Corp
Toledo
Edison
7 %
6%
mmmm
MM
MM
65'A Mar
Jan
12% Mar
Trans Lux
warrants
13% May
1% May
4%
111
1,100
4%
3,200
1%
l'/a
83% May
112
Bell
1
1st
5s
5s
M
of
1
1% May
5% Feb
Jan
59% May
:
Jan
12
2
Apr
Apr
9%
9%
4
10'A
1,900
7%
Jan
14%
100
12%
Mar
series
series
«
—.
39%
41
41%
39%
41%
151
41%
40
41%
233
40%
80
A-0
71
29
42
29%
42
29
42%
41%
50
29
M-S
103%
103% 104 V8
31
99
105%
105% 105%
J-D
M-N
Q-F
F-A
41%
MM
5s
M-S
.1927
ctfs
J-J
.1954
M-S
.1952
113"%
119%
121
170
175
110%
112%
102%
105%
111
1
104%
76
84
84%
—
175
? «>
76%
85
592
59
85
86%
90%
517
68
90%
vflO
>
(
$102 '/e 103
•
101%
$103% 106
F-A
Manufacturing
TTn'nn
of
Ons
Co
Stk
United
of
Yds
105
105'A
1958
A-0
104'/4
104
104%
15
103%
106%
.1969
A-0
105'A
105% 105%
10
104%
106%
106%
110
106%
109 %
Consol
Gas
El
Lt
&
Pr
.1971
J-D
.1976
(Bait
J-D
.1969
Gas
United
United
J-J
$106% 108%
$106% 108 V2
MM
>
—
MM
*
$3
--
Molasses
NJ
U
preferred.
S
Graphite
U
n
10
common
Radiator
Rubber
United
Stores
1
common
•
common
50o
Consolidated
Universal
Cooler
2
Oil
•
Insurance
Pictures
Universal
Products
For
2%
Co
1
8
see
12%
page
2581.
A
....1969
5s
$88
A-0
106%
Mountain
24%
Feb
12% May
7%
7'A
Feb
89% Mar
275
2
.
12
Jan
Jan
2%
1,800
1 %
77%
1,200
9
75%
'46%
Mar
May
7%
6s
series
Illinois
May
285
2%
11%
Indiana
1st
Jan
Feb
74%
Apr
81
May
44
Feb
50
300
12%
9
M&r
14
Apr
% May
n%
10%
11%
8.2C0
15%
.
14%
15%
1,600
13%
Apr
20%
Jan
1%
1%
1%
900
1%
Jan
2%
Feb
87%
%I
~2%
2
4%
88'A
8% Mar
83
225
Jan
•8%
8%
900
4%
Jan
2
2%
1.200
1%
Jan
1%
2%
4,000
M
Jan
4%
5 Va
4%
Jan
*
4.000
11% May
91%
Feb
!)% May
2% Feb
2% May
5% Feb
18% Mar
15 Va
"55
5%
24
15%
5%
2,800
24
4% Mar
•
30
"3%
3%
16% May
6% Feb
Jan
21%
25
II
24%
12%
200
Pow
3%
West
Feb
24
20%
Jan
28 %
Apr
Jun
ref
lien
104%
107%
$104% 106%
104
10712
105%
Indianapolis
A6%s
A 7s
26
Jan
30%
Jun
3
Mar
37a
Jun
J-D
$106% 108
j-n
$100%
45
106 %
104 '4
Jan
A
series
1^49
A-0
$105%
104%
106
1949
A-0
$105
104%
105
102%
B
67
80%
76 %
1957
x
L
3%s
1
1941
1941
103%
102% 104
103 %
103% 103%
102%
F-A
104
104
104
102%
105%
103%
104%
$106
107
107
109
1953
coup)
coupon)
1957
1952
1941
coupon)
1952
5s
Superpowei
H
6s__IIHI
Power 3%s
Kansas Gas & Electric 6s_
Lake Superior Dist Pow
3%s
stamped
'MM.-
50%
51
51%
49%
51
26
50%
50%-
•'
50%
MM
J-J
'MM
50
1952
J-J
1953
J-J %
MM
50'A
51%
1
37
50%
101%
15
31
100'A 101%
62
97
'
88%
.MM'":
MS
85%
58
106% 106 VV
$104
M-S
$118% 121
J-J
$110
iqan
Valley RR—
1963
J-J
111%
$106% 108%
F-A
A,Q
105%
107% 107%
A-0
103% 103%
75
82
89'A
58
J-D
£970
53%
51%
2022
~1966
31
;
49%
iqaq
1
54
52
5
'
...
75
75%
55
28%
37
10
'
MM
30
10
jofig
__
Kansas Power A
Light 3%s
Kentucky Utilities 4s
1
•
F-A
J-J
11—1965
Kansas Electric
to
J-D
1957
Jersey Cent Pow & Lt 3%s
4%
M-N
1955
F_
Corp 6s
M-S
J-J
HHl963
IIl970
1957
6s
at
$75%
1950
5s
Power
Extended
92
102%
J-J
E
(July
Debenture
Altallan
45
1963
5s
&
(Dec
series
Midland
150
12.600
P
(Aug
A7s
McCord
3%
ref
series
Interstate
101%
107%
1959
International Power Sec—
A6 % s
series
C
A 7s
$102% 104 '/a
Co—
5%s
&
89
106%
Jan
ser
Seivice
May
30%
77
90
IIl953
6s
B
Power
&
Jun
60
47
stpd
Feb
6%
100
&
Hygrade Food 6s
Apr
40
5s
Grocery Store Prod 6s.
Guantanamo
107%
124%
~5
F-A
Power
103
104
103%
1950
Jan
18
101%'
124'%
__
37
107
Jan
Jan
103%, 105%
33
$35
Nor
Mar
105%
105% 106%
J-J
A7s
•
.
40
J-J
Green
14'A
41,600
-
v-
10
common..
nujrar
footnotes
18
•
•
,B
Universal
Universal
106% 107
$127%
J-D
Great
9%
10
class A
107
1950
Apr
86
•
Wallpaper, Inc
Utah-Ioano
...
8
Reclaiming
Universal
Class
%
1
•
F-A
M-S
3953
Jan
20
8,400
—
47
warrants
75
1948
13e
110
105%
123
Mtge Bank
3%s
Serv
Apr
"
76%
Securities
Pub
Jan
38
25
*
preferred with
General
101% 102
1961
Power
3/64
6,500
_1
11%
17%
1
common
International
1st
s
Apr
Gatineau
1st
...
and
S
.
MM
71/2
B
S
United
Ul
.'lis;,
28
class
Jan
26
95'A
•
100
&
Feb
105
101%
$123% 125
AGeneral Rayon Co 6s ser A
Trunk West 4s
25o
Co
22
—
Residential
stamped
Feb
12%
9% Mar
1.600
5s
105'%
M-S
.2030
Finland
F-A
.1956
Grand
regis
Canal
Foil
10%
—
7% May
71
Ltd—
ord
Sharing
preferred
Shoe Machinery
RR
10
100
•
$5
U
10%
——7
United Specialties common
S
Jun
60
•
Preferred
■V
Apr
..
59
10
Profit
10%
7
59
II
^
common
Co
rets
United
•United
Feb
Stores.
Products
United
f
8%
Jan
A-0
.1956
Jan
Jan
•
Corp
dep
5%
7%
•
.
Elastic Corp
Amer
4 % Mar
*
common
participating
United
800
2.000
warrants
corp
Milk
4%
1
:United Light & Railways
United
4%
103%
120%
$104% 105
City) —
Feb
4%
100
Hgar-Whclan
Gas
2%
4
.
104
101
(Bait)—
8'A May
10
preferred
United
5% Mar
900
Omaha
United Chemicals
$5
1,500
3 %
Products
Aircraft
United
8%
3
Canada
Union Investment Co
Union
8
3
8%
'Unexcelled
g
105%
105%
5s
5s
.1958
1
105%
Debenture
Apr
10c
Corp
106
103%
1
103
103%
MM
104% 104%
Debenture
U
Corp
Realization
84%
83%
.1954
Ulen
58%
CO
:W
M-S
.1950
111%
13
$104
'
A-0
1966
5s
J-D
.1955
deb
108%
22
180
111
J-D
.1948
Conv
42
108%
111% 111%
$170
MM
A-0
.1970
2%s_
Rys
105%
41%
119% 120
120
7-
§ A Chicago
99%
29
M-S
.1962
Edison
Boston
Consolidated
Udyllte
92%
2
.1957
B
C
12% May
14% May
-
99%
40
Canada—
Feb
12
"
99
.
.1960
Telephone
102%
111'A
127
.1955
5%s A
May
116%
Jan
Jan
4
1,700
Mar
May
35 %
1,900
Jun
14%
MM
preferred
107%
50
1%
•
convertible
10
30
1%
4%
M'*-
71%
114
46
1%
280
110
K
1%
•
Tung-Sol Lamp Works
1% Mar
MM
81%
114
46
MMMM
Inc
80c
110
■
i
1%
,..10
_
"
'
■
^
1
1
Oil Co.
Tri-Continental
Trunz
81";.
MM'
^
Nevada
Corp
Transwestern
MM
81
"loo
preferred
of
M
100
108%
123
41
F-A
.1977
6% May
""
•
■
Mining
—
•
preferred
Tonopah
MM
2
12
,
v
Tobacco
Amer
109%
.1964
deb
Jan
Jan
3%
108
110%
105%
40
99
J-J
.1968
Jun
12%
26
500
106%
107%
45
101% 102
JW-S
.1950
Assoc T & T
High
104
80
109% 110
$129% 132
109 %
J-J
,1948
Jan
8%
6
101%
109% 109%
A-O
_1953
;
May
25%
121
35%
~57/8
•MM
Low
Co—
4'As
Feb
23%
6%
Januaryi
No.
Low
.1998
20% Mar
4,800
Range Since
Sold
108'/a 109%
109%
J-J
2024
Elec
&
J-Ji:t
1970
4%s
Gas
deb
6s
Pow
M-S
1961
Appalachian Pow deb 6s
Appalachian
Bonds
Bid & Asked
J-J
2018
Jan
9
Exports
Product
May
4jV Jun
$107% 108
6s
Apr
800
Week's Range
or Friday's
Last
1960
deb
14%
8%
9%
15
Jan
Sale Price
1970
Lfc
&
48
11%
1
Tlshman
Jan
3
$102% 103
debs
Pow
675
6%
8%
11
12,200
J-J
deos
Amer
1,250
34%
8
common
300
4i7e
.—1950
25%
21
23%
Co
14%
4A
S"7
Co.—
debs
Jan
21%
22%
119% 121
8 %
Inc
Shovel
10% May
12% Feb
High
18 %
31%
6% Feb
10 % May
Interest
.1949
Electric Co
Jan
8% Mar
10%
100
Friday
American Gas & Electric
AConv
Tampa
100
500
14%
Bs
Exchange
52 %
5%
5%
Period
York
19%
10% Mar
6%
Jun
10%
1
350
'
1
Feb
Jun
10'A
5%
10
BONDS
New
lAssociated
Taggart Corp common
110
"
5%
10
Jun
14
6,750
31%
31%
10
110
7%
Ltd-
(F W)
Amer
Co
110
Feb
3%
325
2%
2%
100
Feb
4% May
100
14
18
Cement
American
deposit receipts
Wright Hargreaves Ltd
54% May
11%
1,000
5%
2%
pfd
8% Mar
13
Feb
Mar
15
8
Light 1%
7
Jun
Apr
53%
13%
Feb
12
May
16% Mar
10%
61
137/«
19%
100
*
Petroleum
Woolworth
May
Jun
16%
MM
•
Woodall Industries Inc
Woouiey
Jan
152
5% May
12%
12%
Portland
May
11%
Mar
3%
Wolverine
&
113
16%
__1
Winnipeg Elec common B
Powei
6% Feb
Jan
Mar
29'A
'
Heating
Inc
Wisconsin
Jan
Jun
Jan
Jan
4,300
4
12 %•
•
Corp__.
% May
Jan
Jan
Portland Cement—
$3.30
,
Co common
Machinery
Rav
105
May
2%
1
1
(S) & Co common—.
8ullivan
ft
240
Mar
20% May
112
5%
5%
60
20
1
Sterling Brewers Inc
Inc
(J B)
15%
23%
Jan
Mar
fg Jan
100
/
5% Mar
Jen
Jan
18%
X109
11,100
•
2d
Sterling
%
%
123
15%
15%
_1
common
1st
5%
25
1
B
common..
Stores
Bros
2,600
n
118
21
400
20
%
(The) Corp voting trust ctfs.—1
Steel Co of Canada
*
Sterchl
22 y4
U
118
3%
1,100
110
19%
110
„
Starrett
Stein
4%
22
22%
19%
1
100
1
"
•
1
1
Standard Power & Light
4%
4%
Jun
23%
5%
•
Standard Dredging Corp common
8'A May
14% May
114
•
Co
Oil-O-Matic
Products
Jan
10%
1
Corp
&
Jan
Mar
10
Mfg
Shoe
River
5
10
34%
10
Williams
3,100
34%
14% Jun
107
•
4
33%
34
20
Inc
26% May
26%
% Mar
20
'
23%
3%
•
Coal
Westmoreland
34%
24%
32%
1st pfd__100
Westmoreland
Williams
13
8
Western Tablet & Stationery com
Feb
100
11
300
7%
20 3 4
3%
•
Coke
&
Maryland Ry 7%
1%
1 %
1.20
Utility $0 preferred
Coal
Western
8
Manufacturing
West
Jan
100
Jan
200
MM
•
___•
Feb
5%
A
B
6%
5%
Apr
12%
114
114
100
preferred
4% May
5
Apr
82 %
Jun
7%
7%
WagDcr Bakine voting trust ctfs ext..-
Feb
200
6%
Jan
9%
W
Waco
7
6%
1%
l'/4
25%
34
May
134%
Jan
6
2.78
1
95
9'A Jan
12% Mar
13%
Jan
2% May
Jan
900
2%
^
May
31
Jan
*,81%
2%
>-
Jan
54
14,
14
«
Manufacturing
3
110
4,400
5%
9%
10
Apr
1,500
■
Co
1
Petroleum
2,600
10%
78
Mar
5,300
44%
-
preferred—
79 %
5%
5%
8
$4
Jun
8%
---
preferred
Convertible
17%
Jan'
3%
29
28
25
25
Standard Cap & Seal common
(
10%
21,500
8
--
————...wiwlOII;.
Southern New England Telephone__100
Southern
Phosphate Co
,-10
Southern
Pipe Line
10
Southland Rovaltv Co
:
"
Spalding (A G) & Bros pfd
50
Spencer Snoe Corp
*
Stahl-Meyer
Inc
Standard Brewing
17%
8%
class A—28
Power
Apr
3
47
preferred
7%
113-
Feb
Class
preferred
6% preferred B
5 % %
preferred series C
Southern
110
Jun
8%
10
original
5%
14%
xo'/a
-1
Pa Pipe Line
California Edison—
Southwest
40
Jun
6%
Jan
3
1
common
4%
700
1IV*
1
Oil
Southern
6%
6% .Jan
Vogt
28
South
50
Venezuelan
*
South
1,900
111% 111%
J
Co
3%
320
6
100
•
Manufacturing common
Boss
319
£1
Corp
Sonotone
3%
3%
Mar
■
71
1
37
2
106
55
54
101%
89 %
61
107%
105
120
112
105% 107-4
106% 100 v
104
116%
110
102
104%
64
76%
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4393
161
Volume
NEW YORK CURB
RANGE
BONDS
Exchange
Curb
York
Friday
WEEK
Interest
Last
Sale Price
or
1st
ref
&
1967
Amsterdam Gas 5s
Gas & El Assn 5s
1948
1947
New Eng
deb
Conv
3V48-
Power
M-N
1st mtge 3V4S
Power
Light
&
5s
5s__
1st
102% 103'4
54
104
38
104%
103
—
m
j-j
97
103%
106% 107
6
105% 106
10
105%
102
102
1
101%
104%
6
103%
$107'4 108%
__
—
F-.4
j-j
M-N
106
M-N
1979
Pennsylvania Water & Power 3'4s_1964
3'4s
—
1970
Philadelphia Elec Power 5Vis_—1972
Philadelphia Rapid Transit 6s
1962
San
$68
—
California Edison
Southern
Southern
California
Southern
Counties
1st
Indiana
Southern
107%
78
63
106Vi
28
109
101 Vi 101%
21
101%
1021/4
A20-year 7s
Bogota (see Mortgage
1041/2 1051/4
8
101%
106%
ACauca
106% 106%
10
106
109
Danish
5%s
2
103
106%
107
19
New
J-J
jtf-S
104%
J-D
J-D
105
--
156%"
M-N
A-0
1970
105
-
156% 156%
York
Curb
/
Stinnes
106 Vi
3d
Stinnes
A7-4s
90
"l
100% 100'4
96
1
105%
107%
108
28'-
106% 1061/2 1
$108% 109V4
109%
$104
99%
105
107
99%
99
$108%
A
——
89%
i
166
J-J
103% 10414
96%
104 Vi
1951
F-A
104%
103% 104%
30
96%
96%
4
8
stamped
103% 103%
103% 104V4
58
96%
J-D
103% 104V4
68
96%
10414
12
58
73
30%
48
72
73
1946
$4414
47
14414
A-0
7s—
vtc.
*
.—-—100
vtc
Corp
U S Fidelity St Guar
27
A-0
148
117 Vi
J-D
83 Vi
1
10
50
Week's
A
FOR
6Vis
"w
Range
of Prices
Shares
Low
21%
20%
Range Since January 1
1.924
WEEK
100
"
Inc
pfd
.
Boston & Albany RR
High
Apr
2.75
6%
Jun
Eastern
3,209
380
20
Feb
11
10%
11
300
8
Jan
~
55
55
12
Jan
46
38
May
11
[V
Jun
55
May
31%
31
47
30%
Jan
2
3%
Jan
7
7
Mar
28%
25c
42
28%
210
26
25c
25c
800
25c
42
41
100
Jun
Mar
38
31%
Feb
8% Mar
28%
Jun
25c
Jun
Jun
42
83
84%
88 %
89
101% 101%
$33,600
8,000
1,000
70%
Apr
76
Apr
100%
Feb
85% May
Jun
89
103 Vi
Week'®
Range
8%
10'4
227
5%
22
9%
8%
10
132
5%
21%
Shares
Gas
%
SS
Eastern
$2
Lines Inc
Electric
class
B
1st
pfd
class
C
1st
preferred
class D 1st pfd
Personal Prop
Providence
stamped
(stamped)
Trust
RR
55%
Jan
84%
—•
—*
13
"
—-.1
—•
Jan
16'%
Jun
National
601
29
Jan
35%
Jun
New
53
130
Feb
149% May
New
173% May
148
148*
20'%
127% 129
X78%
27
26%
42%
80
27 %*
125
17
104
115%
Jan
37
Jan
2,069
Jan
79%
14%
78
80
14
100
100
14
20%
131
Jun
May
42%
Jun
456
69'%
Jan
80
23%
Jan
1.475
100
16
14%
16%
500
13
18%
13
-~
8%
.^50
11
——-1
Associates vtc
1%
*
Linotype
1
Cos
Butte
Northern
?
100
—2.50
—100
Minlng_-
RR
(N H)
20-a
34c
•
Assn—
• preferred
England Tel & Tel
North
15%
5
1
Assn Inc
-—
Service
90
Apr
15
Apr
Jan
16%
Apr
Jan
'
Mills
,--
122
55c
18%
235
16
470
54%
35
Apr
Shawmut
19
Apr
Stone
13%
Jan
41
Feb
■
425
Jan
96
Jun
109
Feb
50
71
Jan
87
Mar
965
13
47%
270
12
Muy
14
Jan
16%
Mar
57% Feb
&
50
RR
4
3J .4
Suburban
Torrington
Elec
Co
May
40%
Apr
Jun
70
215
31%
Jan
36
Apr
24%
26%
381
16
Jan
26%
Jun
49%
51%
400
42%
Jan
51%
Jun
40 05
40.60
64
36%
Jan
40.60
Jun
43%
44 %
1.248
37%
Feb
16%
16%
202
2'/a
25
1%
Jan
37%
38%
551
35%
Jan
8%
100
8%
15
45
45
10%
13% Mar
6%
40
44% May
17
Jan
2'/a May
40%
Apr
Jan
11% Mar
Jan
46
Mar
47
57
5%
Jan
11
55
11
55%
41 %
Jan
59 % May
1
Jan
64'%
Apr
400
69
1%
69
232
1%
*
13
—
Inc
Securities
common
*
*
*
—*
1%
May
Jun
71% Mar
Jun
15%
16
340
7%
Jan
16
19%
20%
702
15%
Jan
22% May
34c
35c
655
25c
Jan
49c
43%
43%
42
Jan
50%
170
1,900
55c
55c
127
30
122
120
.
7
127
3%
54%
38%
1,303
4%
40
2'4
25
Mach
Assn—
Webster
38
59 %
40'4
13
2 %
13'%
Jan
30c
Jan
115
30c
122
72c
Feb
Jun
Feb
Mar
127
Apr
Jan
5
May
Jun
38 Vi, Mar
54%
Jan
40% May
1.200
1%
Jan
150
12%
Jan
1,280
.
109%
Feb
33'/a
160
--
3%
Feb
14 Vi Mar
15
15%
200
34%
Apr
16%
Jan
13%
15%
2.201
10%
Jan
15%
Jun
14%
6%
7
387
41
40%
41
500
Apr
15
Apr
31
15%
17%
Feb
10'% Mar
14
Jun
Feb
34%
51%
100
Old Colony RR
Quincy Mining Co
Rcece Button Hole
2
91% May
78%
34%
Aor
10
10%
60%
Mar
Feb
Jun
9% Mar
—
England Gas & Elec
Pacific
50
53
18%
16 %
27% Mar
1.283
13 %
—
Jun
1,091
15
100
51
—100
Nash-Kelvinator
1
Jun
2%
:i4%
——15
—*
5
12'4
7%
40%
common—,—100
Narragansett Rac'g
1,356
79%
100
84 %
(Del) common—
Mergenthaler
16'%
41%
100
100
•
97
99
preferred
35%
42%
100
preferred
59
f)6
Copper
Central RR
13%
9%
56
preferred
2,696
Jan
58
————...»
Royale Copper—
Util
60
85
Gillette Safety Razor Co__
170% 172%
20
*
*
1
7%
175
common
Capital Corp—
24
156%
7%
High
Low
46% Mar
20%
1
Mass
Range Since January
9
22%
1%
Engineers Public Service—,
First National
Stores——
5%
Apr
Jan
88%
•
Maine
6'/a
16%
1%
Employers Group Assoc
General
258
246
87 '4
preferred
conv
6%
22%
—-100
100
1st preferred A__
preferred B—
6%
High
Low
6%
100
100
—
Range Since January 1
High
Low
Associates—
5%%
148
Shares
Street Ry—
Pennsylvania
Stamped
Si
100
for Week
10
Fuel
&
Mass
Eastern
34%
171'%
Range
*
——
preferred
6% preferred
6%
High
.
Co
Boston
49'%
49'%
RR—
7%
10%
Low
25
Corp
8%
Boston
salt.
Sales
Week's
of Prices
5
10
4% % prior
Isle
for Week
100
Ry
Traveler
prior preferred
Boston
39
9%
J-J
Jan
Sales
of Prices
—
Copper Range Co—
East
6%
100
Edison
1st
137
J-J
J-D
Last
Hecla
&
Service
Cities
Jun
37%
—50
-
Bigelow-Sanford Carpet 6Cc
A
37%
V
EXCHANGES
21%
5%
16%
class
36%
45%
ENDING JUNE 8
Jan
16
36%
6%
10o
Tel
5%
46 %
ii-
45 %
"cons," consolidated; "cum," cumula¬
"n-v," non-voting stock; "vtc," voting trust certificated
1," when Issued; "w w," with warrants; "x w," without warrants.
Calumet
37
Far
■
American Sugar Refining
7 %
37%
1
Par
Low
21%'
Last
8TOCKS—
Maine
46%
certificates of deposit;
JiVl'.
High
Sale Price
I
Boston &
38%
Sale Price
for Week
Friday
Herald
i
"conv," convertible; "M," mortgage;
8TOCK8—■
Boston Stock Exchange
Elevated
•
86
value,
a Deferred delivery sale,
d Ex-Interest, e Odd-lot sale, n Under-the-rule
x Ex-divldend.
asked prices; no sales being transacted during current week.
ABonds being traded flat.
Lamson Corp
Boston
48%
22
75
par
Kennecott
Boston
;l
22
146%
J-J
2012
1919
2%
to
Sales
1973
1975
.—1975
4s
B
Boston
46%
22
83%
sale,
General
Son
45
1 Friday's bid and
45
Bonds—
&
36
to Plan A
reduced
Government
Abbreviations used above—"cod,"
47
Sale Price
Monongahela West Penn Pub Serv—
7% preferred
———25
Vernon-Woodbury Mills com—100
New Amsterdam Casualty
2
North American Oil Co
25c
Bird
35
10
35%
148
J-D
1972
1921
•No
rCash
tive;
•
American Woolen
Anaconda Copper
20%
42%
45
35%
M-N
1947
1947
.—1931
A5Vis
104 V*
104 y4
J-J
Par
common
Si
16%
38%
§Reported in receivership.
1946
t c
Tel
<
19%
48
M-S
ARussian
deposit
Mt
American
37
14614
M-S
104%
96%
104'A
A-0
.
1
19
M-N
1951
-
——1958
ARio
6
series
90
33
19%
M-N
pursuant to Plan A
reduced to 2'/sS—-2008
de Janeiro 6 Vis—.—
1959
(State)
103'4
100
8
J-D
F-A
F-A
6s
Eastern Sugars Assoc common
series
90%
80
104 %
:
5s
76
84
104%
Corporation
5s
87
130
M-S
Interest
20
1966
Transit Co
32
87
84
28%
83'
M-N
29%
Stamped
104 >/4
STOCKS
Baltimore
29%
F-A
2008
to 2ysS
reduced
Interest
1957
Guar Fire
65'%
to'Plan A
pursuant
Mortgage Bank of Chile 6s
107%
39
Last
&
63
1
—
7s
AParana
100%
108%
104%
103% 104 V4
Friday
Fidelity
.
High
105%
106%
30
~
Baltimore Stock Exchange
v
Low
Low
166
Friday
Preferred
January I
J-D
6 Vis 6tamped_1958
1958
(Peru)
Mortgage Eank of Denmark 5s
104Va
(Hugo) Industries—
2nd stamped
Co
Range Since
Sold
No.
J-J
1952
—
Mortgage Bank of Bogota—
A7s (issue of May 1927)
A7s (issue of Oct. 1927)
A-0
A-O
stamped-
Transit
Bonds
Bid & Asked
4
100%
RANGE
Bait
s
101%
92
OTHER STOCK
Arundel
Week's Range
or Friday's
A-0
1953
7s
Interest
103
1957
of
Last
Sale Price
1955
;
City
AMeuelim
'
A Certificates
Interest
5s—
Stamped
109
127
$99
—
107
104%
33
127
(Hugo) Corp—
A 7-4s
99'%
April 1946
Jan 1947
of)
1948
Bank
Waterways—
A External 6 % s stamped
M-N
5s—.——1950
AStarrett Corp lnc
1100
Exchange
7s
20-year
Extended
107% 107%
103
103'4
—Dec 1
6s_
J-D
Agricultural Mortgage Bank (Col)—
158%
126
1081/4 108%
$126
——
AT-S
-
gold debentures
Power Si Light
105
High
Stamped pursuant
6s
105%
100'4
109%
151
7
$105% 107
108%
F-A
(stamped)
Conv 6s stamped—
Debenture
101
Danzig Port &
J-J
F-A
63
Standard
J
3
105
105
Period
109
—>—1989
6s
119
$100
Friday
Valley 7s
Vi
107
5
Gas & Electric—
Debenture
117
117
F-A
110%
106%
2022
—
I
1
117
J-D
BONDS
1
106
__
May 1948
May 1948
5s
110
108
108
——1971
1951
(A G)
109%
105%
70
106
—
110%
>-■
Spalding
65%
53 %
108
'4
1937
5s
108
106 %
Standard
106
107
1959
stpd
—
M-S
A-0
8s
65%
110%
107
109
""
L
64%
$109
1947
5s
109
M-S
4s
Rys
&
P
65
107
109%
106
—
Southwestern Gas & Elec 3 Vis
Southwestern
M-S
Union—
debentures
Co
110
1965
mtge 3s_
112%
116
J-D
110
F-A
A-0
3s
Ill's
115%
1960
5s
108
J-D
(Calif)
2
35'
J-D
$108
3y4S—1970
Gas
Gas
107
106 y<
115% 115%
A-O
J-J
—_1951
Scullin Steel Inc mtge 3s
1
103
10232
Ill's 111%
1964
107
1951
—
1
21
1954
108
J-D
6s
f
s
AMaranho
1952
Estate
103 % 103%
M-N
2030
107
i)f-S
Real
103%
111
F-A
3Vis
$107
1979
ASchulte
104
.
2022
5s
Traction
RyB
AStamped
Electric—
4Vis—_
Harbor Water
110%
104
108%
110
104
High
106
6
—
A—
J-D
Joaquin Lt & Pwr 6s 3——1952
Safe
(Maine)
dibs
Power
Newspaper
conv
ALima
Queens Borough Gas &
5Vis series A
^
4
Co-
series
Electric
Penn
6s
A
& Coke Co—
stamped extended—
1950
Power Corp
(Can) 4 Vis B
—1959
Public Service Co of Colorado—
1st mtge 3Vis—_—.—
1964
Sinking fund deb 4s
1949
Public Service of New Jersey—
6%
perpetual certificates
5s
I
A-O
107% 108%
110
1952
6r
IA York
Portland Gas
■I
5Vis_1952
108 Vi
105
A-0
1977
—
A-O
January I
Low
102%
104
Range Sinoe
Sold
No!
107%
F-A
Bonds
Low
Co—
(Delaware)
& Light
income
Western
96%
F-.4
1959
Power
5Vis
Rys
Water
Penn
West
A-O
1964
4Vis
A 5s
103%
92%
J-D
A
series
West
105
—
„
Bid & Asked
Waldorf-Astoria Hotel—
109%
101%
&
J-J
1948
4s
Light & Railways
Wash
102%
5
Week's Range
or Friday's
Last
Sale Price
1968
J
cons
&
Debenture
95%
101%
&
N
Lt
6s
108
107
103V4
$95%
—
1955
Park Lexington 1st mtge 3s
Penn Central Lt & Pwr
88
Light
lien
Utah Power
95%
107%
__
$106% 109 V2
j-j
Friday
Interest
3%s
United
95%
88%
84
1st
110 V4
88
1948
Service 4s
Oklahoma Power & Water 5s
Power
1091/a
3
69
90%
91%
$107 % 110
104
'•
Exchange
United
115%
1902
Public
Pacific
114
Electric
United
1968
1971
3s
mtge
1st
Ohio
106
Edison
United
108%
35
M-N
Toledo
107
106
91%
103%
.
101%
104'/a
7
91%
Curb
High
108 Vi
1
—
York
Period
2
90 %
--
New
High
105
12.
105
90%
91'/a
Debenture
Ohio
107
109 % 109%
__
91%
M-N
5Vis
1954
Elec & Gas 3%s
i9bn
N Y & Westchester Ltg 4s
2004
North Continental Utility Corp—
A5Vis series A (8% redeemed) _1948
Low
$115% 117
91%
N Y State
No.
Low
108 Vi 108 Vi
—
J-J
M-S
8
January 1
105
__
M-S
A-O
Range Since
Sold
104 Vi 104 %
J-D
England Power Assn 5s___—1948
New
Bonds
105
—
1961
5s
England
105
1948
1950
5s
New
J-D
2022
.
New
J-D
J-D
1981
5s
Nebraska Power 4Vis
6s series A
ilf-S
1978
1955
JUNE
BONDS
Friday's
Bid & Asked
High
Milwaukee Gas Light 4%s
Minnesota P & L 4Vis
EXCHANGE
ENDING
Week's Range
Period
New
FOR
2581
—
4'/2
Jan
36% Mar
7% May
41
Jun
THE COMMERCIAL &
OTHER STOCK
RANGE
wh
thoq
v6ih
<n<>7
iLienuef aoujsaSuBH
qaaAV aoj
United
Waldorf
891
90
Mar
21% May
102% May
775
74%
Apr
80% May
75
45%
Jun
50
Jan
275
21
100% 102%
75%
77%
15%
Jan
25
Inc
System
<S
Warren
19%
75%
Electric Corp
Westinghouse
45%
47
__
57%
59%
150
51%
64%
66
232
63% May
65%
*
*
12%
Co.
D)
—
& Min common—50
15%
15%
44
36%
—
•
60%
44
33% May
38
'
Range
Friday
Low
par
1
13%
13%
13%
3,450
10%
Jan
5
9%
9 Va
9%
400
7%
Jan
17%
17%
Allied Laboratories
..
«
"
Co
Mfg
Chalmers
Allis
common.—
American Tel & Tel Co
47%
128
171% 171%
5
1
Athey Truss Wheel capital——
8%
8
1
4
5
128
8%
300
American
19%
5%
500
8%
4,900
17%
19%
Pub
Corp
pfd
$6
Serv
lien
•
50c
—*
preferred—
Power & Light
Central States
Belt
Co
pref—*
Service
Co
Aluminum
Club
Jan
6%
May
Jan
8%
16
350
-
19%
26
100
Apr
Co
Uten
Jan
Common
Jan
21
10% Mar
13
8%
100
7%
Jan
23%
400
18%
Feb
100
37
30%
50
24
6%
500
43
'
Mar
Jan
5%
Jan
%
A
7%
Co
6%
Common
Container
Crane
Co
Cudnhv
of
Corp
7%
100
6%
Jan
19%
1,000
13%
Jan
'C
.
.2%
3%
3%
121
121
124
30
99%
Jan
2%
1,650
%
Jan
3%
2,800
121
124
10
70
18
19%
760
23
19%
23
100
U Jan
120
Jan
82% Jan
8
Jan
16
57% Feb
Feb
16%
12%
Jan
15% Feb
4%
Jan
8% Mar
107
Mar
1,600
131
Jan
21 % Mar
8%
16,650
7%
Jan
1,450
53 %
J an
61
950
35
Jan
38%
71%
70%
71%
300
54%
Jan
71%
^23%
6%
6%
Jan
350
3%
Jan
23%
6%
78
77
78
30
60%
Jan
30%
28%
Jan
Steel
5,400
1,200
Jan
70
36
Jan
43
20%
20%
50
17%
Feb
30%
30%
100
33%
34%
700
.26
40
104
5%
5%
5%
100
3%
32%
33
340
*
§
'
capital
*
■
5
19%
20%
1
common—
Co—
Jan
34%
-
>26
108 %
Jan
5%
31
100
23
44%
44%
200
40% Mar
26%
120
150
900
121%
6%
6%
""
•
of
2
25
25
100
17
*Jan
Dixie
*
27%
27%
100
19
Jan
27%
Corp
..25
capi
com.
16 %
18%
18
250
15
Jan
18%
4
Apr
16%
18
(J
R)
(The)
Carbide
16%
16%
15
600
15
38%
38
38%
15
15
18
18%
200
Watch
National
Elgin
Co
325
common.
Co
Pour-Wheel
Auto
Drive
10
18
50
&
—25
8
16%
400
1,370
26'A
Apr
100
20%
Jan
900
3%
Jan
5% Mar
610
23%
Jan
38% May
4%
38
20%
21%
12% Mar
500
16
Steei
Wieboldt
5
cap—
w
i
common.
;
;
i*_
common
Stores Inc
Wisconsin
Woodall
Jan
800
14
Apr
Apr
16% Feb
1,000
31
Apr
34% Feb
38
38
100
32% Mar
38% May
52%
52%
300
49%
Jan
5% Mar
common
200
13%
Jan
15% Mar
650
17
Jan
22% Jun
41%
140
36% Jan
41V2 Mar
88%
88%
100
79
Jan
93% May
39%
39%
39%
Jan
39 Va May
17%
18
12%
12%
100
67%
6938
2,100
58%
Jan
69%
9'A
9%
650
7%
Jan
10% Mar
310
33% May
37% May
69
23%
100
14% Mar
2,600
12
Industries
*
common—*.,
Machine
capital—
Curtiss-Wrlght
35
35
36
21
21
100
14%
Jan
13%
13%
350
11%
Jan
10
13%
2
10%
350
8% Mar
5
7%
550
7%
7%
Jan
11
Feb
16% May
13%
Jan
General
Finance
8%
8%
900
6%
Apr
8% May
Pure
9
9
50
8%
Jan
9% May
Jan
70% May
16% Jan
Gillette
Safety
Razor
*
68%
16%
69
1,400
62
dorp
Iron
13%
Feb
Standard
Brands
57%
Feb
Standard
Oil
Gossard
•
17%
19%
750
16
Jan
19 %
Jun
Studebaker
U S
Dk
&
_•
Helleman
Inc
Horders
G
Brew Co
Hibb Spencer
Illinois Brick
Illinois
Co
Central
1,050
28%
100
11%
11%
50
1
*
17
22
5
common—
Steel Products
21%
Feb
Jan
28%
Apr
Corp
11%
15%
16%
1,300
13 %
Apr
17%
56%
1,780
48
Jan
Co
17
690
14%
Jan
17
22
100
17'
Jan
23
Switchboard common
•
Ketl-Rad Tube & Lamp common A.—•
Kentucky Util jr com pref.—
50
6%
preferred
Jan
27%
Jan
Kimberly-Clark
common
Jan
38%
100
38 %
38%
38%
10,0
26%
27
450
Apr
29
Jun
11
Jun
24%
24%
100
23 Va
Jan
27
Feb
20
20%
2,000
15%
Jan
22% May
-1
-.3
„
500
xl9%
Jan
25%
.
common.,
N
200
6%
Jan
8%
—1
Leath
&
33
39
50'
common
7%
B
*
preferred
9%
10%
8%
8%
32%
32%
55
55
109% 109%
48
7
Mbby McNeill tk Llbby common.
Lincolnv Printing
Co. common
•%
...—
Material
Co
44
1%
—1
preferred
Lindsay Light St Chemical com
$3%
Line
7%
—*
8%
6%
27
—
7
5
common.
Jan
29% Jun
28
Jan
34% Jun
48% Jan
53
Va Apr
1,300
17
Jan
21
Mar
1,500
10%
Jan
12% Feb
Jan
24% Jun
100
19%
3,300
Jan.
32%
63%
200
56%
Jan
65 Vb May
26%
26%
500
18%
Jan
58%
58%
100
58% May
29% May
60
Apr
.10
Cincinnati Stock
20
26
Jun
Ftiday
.
Apr
270
12%
Jan
39
Jan
10%
1,150
Jan
48%
Shares
Par
American
Laundry
Machine
Low
-.20
•
Jun
7%
for Week
of Prices
Jun
6%
J
50
28% Mar
34 %
Cincinnati
Apr
20
52%
Feb
56
Jan
110
Apr
210
38 %
Jan
48 %
C N O & T
Jun
7%
44
2,200
8%
2,600
6%
250
27
6
16%
10
4% Mar
10
500
17%
400
37%
Jan
7%
7%
Jan
6%
Jan
25 % Mar
5%
Jan
13% Mar
45
9%
Apr
7
17%
Crosley
Apr'
7% Mar
27
Jun
Corp
Jun
Eagle-Plcher
Jun
Formica
10
150
.
115
5%
425
3%
2% May
Jan
10
3%
107%
Jan
108
8
70
109
Jan
115
Jan
14
Feb
Jan
83
16
Mar
Jan
45
37%
:I
'. ?.
40 Va
226
28% Mar
—10
8%
106
17%
*_^
9
200
106
16
17%
140
Feb
8%
172
'
9
Jun
May
11% May
465
12
.
Jun
78 Va
12%
83
82
40
~~~~~*
12% Feb
11%
*
,>
15% Mar
Jan
lis
82%
"I100
—.
Jan
10
*
*
Insulation
10
110
12
—50
Dow Drug
Vv Preferred "_:*
12
12Va
108% 109
—50
Yards"
36% Feb
15%
3%
'
—20
Cincinnati Street
;
Cincinnati Telephone
Cincinnati Union Stock
Jun
Jan
15%
3%
..100
—.
P
32%
235
1
High
Low
36
10
5
~
Range Since January
High
35%
12
—
12%
Advertising Products"
Cincinnati Ball CrankCincinnati Gas & Electric pfd
May
107%
—*8
Churngold
9% Mar
20
Sales
Range
Sale Price
8TOCKS—
8% Mar
2,000
Exchange
Week's
Last
Jun
Co—
Cumulative
22
1,000
63
26%
—
LaSalle Ext Univ common
4,300
34%
29%
.25
common
6% Jun
29%
—
J
Jan
27%
»
*
5%
33%
-1
.
Feb
8%
10
20%
28%
Feb
24%
•
—
44%
Mar
11 Va Mar
10%
100
—————
Jan
9
common
May
24
10%
37
Keilogg
38
700
Feb
99
8
1
900
Feb
24%
common
3,750
11
57% Mar
16%
Rubber Co
Baldwin
Katz Drug
6%
44%
13% Mar
27%
common-
Interstate Power $6 preferred
5%
43%
Jun
27
.100
Indep Pneum Tool vtc hew.....
Indianapolis Power St Light com.
Indiana
Feb
X27%
-10
capital
18%
*22
55
*
B
common...
RR
15%
25
—
class
Inc
21%
28%
cap
common...
Houdaille-Hershey
21%
28%
10
Bartlett common
Hubbell Harvey
21%
10
com
of
Jun
May
6%
24%
Jan
Dr
81% Apr
23%
Jan
Printing Co common
Harnischfeger Corp common—
Jan
23%
52%
Hall
67%
Republic Steel Corp common
100
Great Lakes
96
12%
100
19
15% May
35 Va
Jan
11%
300
common
Jan
Jan
76%
12
13
W)
11%
29%
300
Radio Corp of America common
16%
(H
700
1,400
95%
19%
54%
Co
14%
53
13
9
9V2 Jan
35%
19%
(The)
54%
13% Mar
Jan
94
53
Co
*
common
common——
Jan
14%
19%
Oil
*
Inc
Bros
Jun
14
34%
common
Paramount Pictures Inc
Pullman Incorporated
Mar
Goodyear Tire & Rubber common
Goldblatt
21
,10% Jan
43%
New York Central RR
capital
56
68%
Jun
10%
(Glen L) Co common
Nash-Kelvinator Corp
Jun
10
May
-.1
...
35%
Feb
common
14%
Feb
27%
Corp
Apr
13
•
Co
40%
49%
Motors
;
Electric
Interlake
200
General
18
Stocks-
Jun
350
—10
May
'
18
28%
——
May
14%
22%
41%
*
common
13% Mar
53%
a
55
14%
20%
22%
Copper Mining
.50
Atch Topeka & Santa Fe
Ry com. .100
Bethlehem Steel Corp common
27%
Preferred
21%
14%
34%
i
.
American Radiator & St San com.
53%
common
Feb
14%
Anaconda
Amer
Corp
23
34%
1
•'
common
Bankshares
Yates-American
General
.5
1
Mar
17% May
35'A Jun
14%
*
cap
Westinghouse Elec Corp new..L.__12%i
fox (Peter) Brewing common—1%
Transp common.
Apr
17% Mar
17%
Carbon
Specialties
18"% May
34 % Feb
*
Mar
35%
37%
2
common
Martin
.
6% Feb
15 Va
22
4 %
4%
—
;15
common
Light & Rys
(J
Fitz Simons & Connell Dock &
V, Dredge
Apr
34%
.25
United
General
3,950
26% Mar
25% May
121% May
5% Jan
14%
1,050
Feb
750
17%
Jan
Jan
Mar
22
35
O
capital
United
JUn
18
5
Jan
5% Apr
22% Feb
23 %
750
-•
15
16'A
16%
...1
Indiana
Corp capital
Unlisted
Diamond T Motor Car common—
Electric Household Utll Corp
46%
Jan
100
300
6%
14%
208 South La Salle Street Cofp coiti__*
31% May
46% May
26% May
4%
Jun
4%
18 % May
300
Jun
31
4%
Jun
Apr
44%
1
Feb
89 Va
32 %
50
20%
25
23%
24%
120
*
International
Union
Jun
Jan
31
•-
3%
Apr
Jun
Dayton Rubber Mfg common———1
Dodge Mfg Corp common—*
Industries Inc class A
Jun
i
_
Thompson
Jun
30%
Deere St Co common——
Domestic
May
''
*
Strap
Oil
Trane Co
20% May
105% 107
6% Mar
20 % Mar
16%»Jan
2% Jan
78
43
25
18
600
32%
(new)
Texas
Jun
11%
26% Mar
Jan
Jan
S
100
•-
76%
" '
1
Co
Swift
Jun
31
7%
13 Va
5%
20
34%
Feb
42%
I
1
200
18
'5%
..19%
59
—5
May
10%
10%
40 V4
350
'
&
Stewart-Warner
May
31% May
12% May
30%
Jan
3%
common
Common
Jun
20%
16%
33%
89%
capital..,
Corp class B
Standard
Jun
7,200
600
Jan
3%
•
27% Mar
60%
23%
21% May
40%
17
—
—
.*20
130
9%
18Vb Mar
Jan
38%
7%
98
200
39
39
330
21
87%
—2
May
20% Apr
8%
Apr
105
3%
Sinclair Oil Corp
Apr
4% May
—20
Cup Co common
Jan
Feb
20%
89%
2%
38
2%
Jim
43
50
Anr
Apr
'
Common
May
*
Curtis Lighting Inc common
26
240
—10
108% Mar
106% 107
107
cum pfd—100
1%
23 Va
56%
104
pfd———5
,
Cummins
Roebuck
Signode
19% May
50
common—*—
Packing Co
700
Feb
>
Feb
7%
*
Amer com
*6
26
7%
7%
104%
50c
United Air L Transp
vtc partic pfd—
part shares vtc A
11% May
7%
*_'s
common.:
common
May
May
100
Co
19
300
"
Utah Radio Products
Consumers
Jan
15%
.—2
common—
•"& ,J
,
Serrick
Apr
23% Mar
32,
'A-''
Sears
10
44
'
Feb
60
Lamp St Stove common——*
Commonwealth Edison common.
25
Consolidated Biscuit common.
1
17%
100
151
a
1
common.'—.
(new)
Schwitzer
Jun
8
Coleman
100
12%
16
5
com
common
Sangamo Electric Co
32% May
16%
38%
com—
17%
May
'
Jun
•
common
44
16
6
B
(The)
Rath Packing
Raytheon Mfg
Jun
1
•
**
Chicago Flexible Shaft common
Chicago & North Western Ry—
V t c for 5% preferred
Cities
3
5%
10
Chicago Corp common
Convertible preferred
i
Jan
3% May
9% Feb
18%
*
common—
Feb
56%
50
(The)
Jan
6%
'
124
Preierred
Chain
M
class
Co
Co
Potter
8%
22%
43 <"
—1
common
38%
15% May
41
'
56%
.2%
capital
Pressed Steel Car
49% May
7%
Central S W Utll common-—
Prior
Apr
21%
30%
—
St
Poor
Jan
19 Va
19 Va
Secur
111
Cent
100
25
25%
'30% Apr
32
17%
10
RR
Jan
8%
Ring common—
Illinois
Centra'
s
11 Va
Pennsvivania
Mar
17.
Jan
4%
——
Brothers
Mav
Jan
Jun
13 Va Mar
12%
class A
Quaker Oats Co
7%
7%
Va
Borg-Warner Corp common—
Brach & Sons (E J) capital—
>
15% May
10% Feb
'
8
Binks Mfg Co capital——
Butler
65
48%
28
15 % Mat
36% Jan
43%
100
Switch
Process Corp
450
400
Burd Piston
Jun
250
43%
100
preferred—
common
preferred
Elec
Feb
8%
800
common—*
6 %
Penn
High
Jun
Jan
12
Wire
Feb
4
500
*
common
common—
135
1%
21%
&
Corp
40
600
'
common
7ft
171%
650
32
Fence
Bancorp
26%
20
com
Corp
Bush Shoe
Jan
1,700
11%
Brown
1
2
capital
Inc
Car
Illinois
Jan
6%
3,500
21
Laughlin Inc common.*—
20
.5
124
3%
32
Bliss &
Jan
20%
12
Corp
Feb
3
21
common-—
28%
40
158%
20
32
Co
Brewing
39%
300
Bastlan-Blessing Co common-
Mfg
16%
200
Belden
Berahnff
8% May
100
8%
•—3
Seelig class A common
&
19%
3 Va
3
common
Aviation Corp (Delawa re)——
Barlow
47 Va
.100
Equipment Corp common..
Co common
Washer
?
lioo
Asbestos Mfg
Automatic
9
17%
pfd—
& Co common-—
Armour
Aro
.
9
capital-
Public Service
American
''
47%
*-
*
15%
Util
i
High
Jan
2% Mar
600
28
common—
64%
27
Peabody Coal Co class B
Low
common.
Aetna Ball Bearing common
550
64
64
15%
Range Since January 1
High
'Advanced Alum Castings
A
3%
*
26*
Omnibus
for Week
Shares
4
33
Sales
of Prices
100
,39%
West
January
low
38
10
Nunh
Chicago Stock Exchange
Last
37%
Noblitt-Sparks Ind
May
Range Since
High
National Standard Capital stock
Northwest
Sale Price
Co
&
National Cylinder Gas common—
Nor
Week's
Ward
—
National Pressure Cooker common
Jun
Northern
Corp
Low
Co—
Muskegon Mot Spec class A
16% Mar
Jan
Chemical
Montgomery
North
Admiml
Shares
—*
i
Common
Apr
Jan
Mfg common
Monroe
68% May
13%
300
957
Modine
Apr
36
122
44
34%
—
—
STOCKS—
for Week
Par
-10
8 R>. liner
U S Smelting Ref
Sales
Range
of Prices
Friday
STOCKS-
100%
25
common
preferred-..
6%
U
*
Mach
Shoe
Week's
Last
Sale Price
—SHDOXS
oouj 9[«g
20%
Co
Fruit
United
5
Inc
Drug
EXCHANGES
ENDING JUNE 8
B.qaaM
saicqs
,
United
FOR WEEK
jvj
«swuj jo
OSUBH
sajBg
Monday, June u,
1945
FINANCIAL CHRONICLE
7
105
Apr
Jan
40%
Jan
17%
26%
Apr
33%
40
Jan
46
13%
Jnn
9% May
107
Apr
Jun
3an
—
McCord Radiator & Mfg—
$2%
cumulative
Marshall
Field
Preferred
zz*
common
4%ft—
38
38
38%
25%
25
26
110
.100
...
110
230
34%
Jan
40
Feb
2,100
18%
Jan
26
Jun
70
108% May
110
Jun
Hatfield
•
Inc
common
vtc—
$1
prior preferred—
Minneapolis Brewing Co common.
For
footnotes
1
10%
4
■
lurr —
10
1
*-
—
10%
200
8%
Apr
14%
Jan
15%
y
10%
15%
4,000
10%
Jan
15%
Jan
4%
Feb
ZZZZZ".
Hobart class A__*_
_*
125
43 Va
43%
160
6%
305
6
Jan
22
67
Feb
76
Feb
Apr
48
Jun
4
1,900
14
14
150
12
Jan
12%
12%
100
10%
Jan
3%
14% May
13% Feb
6*
.100
73
6
73
48
~
73
48%
205
Kroger
—
.
12
15
12
Jun
43%
43%
64
36%
Jan
Leonard
National Pumps
Procter & Gamble
—
—II"
4%
4%
10
5%
4%
5%
80
61 Va
61 Va
62%
797
*0
see
page
2588.
45
12
Jun
2%
—~ II _I~I"
Participating preferred
Kahn
Hart
28%
„
Gibson Art
*
preferred
Mlckelberry's Pood Prod com
Middle West Corp capital
Miller St
27%
4
Jan
3
Mar
55% Mar
Apr
7% Feb
Number 4393
161
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
2583
OTHER STOCK EXCHANGES
RANGE
Week's
Friday
Range
for Week
of Prices
Shares
Par
Rapid
U S Playing Card
U S Printing pfd
WEEK ENDING JUKE 8
Low
*
High
Low
Par
High
25
20
49
49
25
23Vi Jan
457/8 Jan
48%
50
49%
59
43
Jan
Mar
Masco
Mar
McClanahan Oil common
i
Michigan Die Casting common
Michigan Sugar common
1
•
1
49% May
„25
Rolling Mill-
City Ice & Fuel
2
Pure
305
195
21%
2
6%
6%
7%
19
390
10
Oil
68%
68%
69%
335
19%
19%
65
37
37%
171
——:
'
—»
Brands
19% Mar
Mid-West
May
22%
Murray
Jan
22%
.*
37
4
Jun
Hone
—
Jan
Jun
Jan
f
62%
Jan
19% May
70% May
19% Jun
28%
37%
Jan
Jun
Park
,
Co
0
Davis
Wolverine'
&
Range
for Week
of Prices
Shares
Par
Akron Brass Mfg
Body—.—
Fuel
&
Ice
City
50
Coach &
American
Corp
Cliffs
Detroit
common.—;
Manufacturing
Eaton
Rubber
Faultless
Tire
General'
?1%
21%
20%
Jan
93
21
22%
1,209
18%
Jan
24% Mar
5%
150
5 %
Apr
a58 % a59%
211
49
Jan
61
22%
Apr
25
26
Jan
32%
53% Jan
62%
57%
110%
13 % Mar
17%
a60% a60%
'
a55
a55
6
108
108
45
106%
65
27%
a33 % a34 %
16%
*
17%
10
100
7%
Jan
10%
51
75
43%
Jan
52
32
300
23%
Jan
32
8
2,104
4%
Jan
8
7%
Feb
Apr
34%
Jun
585
13
Jan
16% May;
16
Jan
3%
300
2%
Jan
3% May '
158
3% May
3% Jan
2,800
3%
3%
5
525
13%
14
14
12%
2,295
S
—
9%
3%
3%
200
3
2,100
3%
Cooler
class
8%
1,375
5% Mar
8%
500
8
8
8
44
2,830
20%
Jan
Walker & Co
175
16
3%
3%
15
May
2
Jan
1,520
17
5
Mar
Wayne Screw Products
Jan
25
21
21
269
16%
Jan
21
44%
44%
45%
12%
Feb
1%
Jan
1,200
4% Mar
5%
5%
Private Wire to Allen
&
Member Los
22%
21%
19%
19%
12%
20% May
24%
55
Los
Feb
Jan
Mar
14
20 % May
Jan
51% May
39%
Week's
Last
Range
Bale Price
STOCKS—
of Prices
Par
Aircraft
Co
Petroleum
Bandinl
Barker
Corp
Bros
Low
AND
common—.
Berkey & Gay Furniture Co
Diamond Corporation—
BROKERAGE
Listed
—
Unlisted Issues
—
Sales
for Week
Shares
6%
325
4%
4%
4%
1,525
29%
49c
590
29%
39c
2,500
2%
2
1
•
2%
2%
900
4%
1
a27% a27%
14
22%
a6l% a61%
50
4%
800
5%
Jan
Anr
82%c May
3
Jan
Glidden
Interlake
New
/
common—:
a28
32
33
Jan
39%
21%
Jan
29 % May
•
al8% al8%,
390
17
a23%
23%
612
19%
S
a67% a69%
186
58%
Apr
Jan
20%
Mar...
Feb
24%
Jan
common
Jan
—♦
a26 % a26%
24%
Feb
a32% a32%
60
28%
Jan
Jackson
Byron
Steel
Republic
U
Steel
S
common
•-
a
4%
J'
Watling, Lerchen & Co.
26
Apr
Apr
5
—•
n32%
•
—
87
88
77
Mar
94
Jan
115% May
21%
21%
560
18%
Apr
25%
1
15%
10
957
10%
Jan
16
Jun
Douglas Aircraft Co, Inc—
——•
Dresser Industries
(new)
50c
Electrical Products Corp--——,—4
Exeter Oil Co, Ltd, class A
—-l
Farmers & Merchants Nat'l Bank—100
Farnsworth Television & Radio
1
80%
89%
430
71
Jan
89%
Jun
27%
28%
233
27%
Jun
28%
Jun
14%
14%
445
12% Mar
39c
40c
Consolidated Steel Corp
America—
of
Corn
Motors
General
21%
89 %
14%
•
40c
530
Curb
a55%
510
Feb
205
13
Jan
68%
534
15 %
350
62% Jan
12% Feb
70% May
15% Jun
a54% a55 %
140
51%
57% Mar
528
53%
Jan
200
75c
Apr
95c
15%
Jan
32 % May
520
520
•
Hunt Brothers Packing Co com-—10
Hupp Motor Car Corp
1
Telephone:
Randolph 5530
Jade Oil Co
Lane-Wells
Lincoln
Los
Detroit Stock Exchange
Week's
Range
for Week
of Prices
Shares
Last
STOCKS—
Rubber
Briggs Mfg -iii
Brown, McLaren
Burroughs Adding
Consolidated
Motors
Detroit
Gray
Steel
Eureka
Vacuum
Wood
Gemmer
Corp
Industries
class
Finance
General
Motors
Goebel
Lock
37% Mar
44% May
Car
200
200
14
10%
3
550
—
Jan
18
8%
'
5%
5%
Apr
16%
—_
1,100
5%
common
Feb
Pacific
Pacific
Gas
—1
Company
—*
Products.—
Clay
Mar
Ele«
&
25
*
*
common—
Lighting Corp common
Pacific Public Service Co com—
7%
Jan
23%
21%
Jan
600
1%
Jan
2% Mar
300
5%
Jan
7% Mar
16%
17
300
15%
Jan
17% Mar
Richfield
14%
14%
275
14%
Feb
14%
Jun
Ryan
4%
—
4%
200
Apr
5%
4
Republic Petroleum Co common-,
Ranch Oil Co
—
Rice
8%
9
1,175
-
7% Mar
9% May
Jan
17% May
14%
100
68%
68%
68%
266
62%
4%
4%
6%
6%
6%
1
1%
1%
1%
%
14
14
Aeronautical
7%
4%
i'%
28
7%
5%
40c
Feb
a12c
300
lie
Feb
19c
Feb
Jan
150
12%
100
16%
2.603
.
15 %
4.072
6
Jan
Jan
Jan
May
Apr
"*
Oil
Solar
—25
Corp
"
1
Corp
Aircraft Company-—
13%
Jan
200
45c
Jan
65c
542
19%
Jan
25%
18 %
525
17%
Feb
18% May\
Feb
75
70
1.75
1.85
4%
10c
7%
7%
17c
7%
Southern Calif Edison Co Ltd
Feb
preferred class B——
—25
5%% pfd class C- ——
25
So Calif Gas 6% pfd class A
—25
Mar
Southern
Standard
23
7%
Jun
250
3%
Jan
5%
Feb
1%
400
1 % May
1%
Feb
515
26% Mar
28% May
Sunray
•Taylor
Pacific
Oil
Oil
Co
Milling
Transcon
&
Western
650
67%
1.45
4
Jan
May
Jan
7,000
8c
1,855
6% May
Feb
2.00 Mar
4 %
23 c
May :
Apr
fv
9 % Mar
2,300
Apr
40
Jan
600
6%
Jan
10
10
40%
51%
10
May
6%
29
Jun
30%
40%
1,176
34 %
Jan
40%
51%
51%
365
48%
Jan
52%
Apr
a7%
5
7%
Apr
7%
Apr
6%
1,700
ft7%
6%
5%
Jan
8%
Jan
33c
33c
100
33c
Mar
43c
11%
12
360
•10%
Jan
13%
Mar
10
May]
6% May
Apr f
7%
8%
826
22%
425
22 %
Jun
23%
a46 % a46 %
8%
5
41 %
Jan
47% May i
4c
Jan
14c
12c
13c
16%
16%
15
13c
16'/a
16
,
22,500
1,302
£81
15% Mar
11
26%
Jan
Jan
Apr;
Apr i
17% Mar
16
■
Jun
30% May \
30%
1,507
31%
31%
1,382
Jan
32%
Jan J
31
31%
874
30
Mar
31 %
Jan)
148
38
Jan
39% May
402
39%
Jan
48% May.
39
Jab
45
30%
31%
a39%
a 40
48%
48%
42%
43
6%
1
Air Inc—
3,900
35
Company———*
Calif
*
Corp
Corporation
1
500
10
of
Corp
Transamerlca
I
Jun i
35
—_25
6%
34% May
May
35
Fen
Jan
13% Mar
Feb
175
55c
25%
4%
1.85
30
1%
4%
28
Trading
Sierra
16%
15%
55c
24%
22%
Co
Inc (new)
Security Company —
Sinclair
5% May
Jun
al81%al8l%
Stores
4%
Jan
1%
May
common
1
•
1
8
Jan
3%
700
31
7
70
Jan
1,200
22%
28%
8 %
Jan
1,725
/ "
14
22 %
30%
7
Corp
Oil
1
Jan
j
Jun
28c
Feb
3,314
Safeway
9
—
3%
23%
Feb t
Mar
600
Jun
7
2,300
—10
Oil
Oceanic
1,050
16% Mar
<
18
Feb
May
23%
4%
107
60 Vs
31c
15%
55c
25%
1
—1
1
LtdNorthrop Aircraft Inc
Corporation
Nordon
2
23%
8%
1
common
1
—
1,350
30c
70
Monogram Pictures common
7
16%
1
12
5% May
8%
_1
21 %
Jan
Co_.
4%
•
31%
Feb
a12c
30c
lo
„
16%
*
Jan
23%
4%
Company—
Mfg
1%
22%
2
16
2%
18
1
Corp
Pacific
B—
common
2%
% May
1
class
Mfg
325
20%
10%
—10
Drug
i
2%
17%
20%
I
Products
Kresge (S S)
2%
1
17%
—
1
-
—_
—
&
330
—
common
Motor
Kingston
Kinsel
common
B-
common-,
Houdaille-Hershey
Hudson
43%
1
Valley Brewing
Hoskins Mfg
43%
5
Brewing
Grand
Hurd
common
__•—
General
Orahnm-Paiere
12% May
1
2
Brewing
Mfg
Jan
5
Iron—:
Detroit
Gar
10%
common—10
Detroit-Michigan Stove
Frankenmuth
626
common———20
Edison
Detroit
12%
1
common
Cleveland Nav
&
12 V4
10
Paper
Cor.olnental
Detroit
Machine-
High
1
*
1
*
—
Oil
Menasco
Low
Baldwin
Aircraft
28%
—
Mascot
Range Since January 1
Low
High
—1.
10c
Co
Angeles Investment Co—
New
Sales
10c
—10c
Company
Petroleum
Lockheed
Friday
Corp
Petroleum
Intcrcoast
58
77 %c. 80c
1
Holly Development Co
Hudson Motor Car Co
DETROIT
Building
57
*
"A" common
Hancock Oil Co
Associate
Chicago Stock Exchange
Detroit Stock Exchange
Ford
York
New
Stock Exchange
Feb
Apr
88
al4% alS'/it
14%
*
Rubber Co com
Jan
68%
520
al5%
10
common
General Paint Corp common
2,000
30c
15% Mar
Members
York
Feb
35
355
87
114% 114%
Jan
Goodyear Tire &
New
Jun
26% May
33%
:r*
Jun
^69% Jun
''O.
—100
Central Investment Corp—
Chrysler Corporation
Creameries
a
Co
10,503'
,
May
758
a29%
*
Oil
Ohio
44% May
j
Jan
125
a36% a37
•
common
25'%
63
a31% a31%
9
Iron
York Central RR com—
370
a44
a44
9
Co
21
75
3%
26%
4 % > Jun
Jan
365
Corp——
2% May
1% Mar
1.75
4%
Oil
Chica
Jan
17%
25c
26%
Broadway Dept Store Inc com
May
Jan
5%
30% May
3%
Bolsa
64
Jan
8
Apr
3% Mar
26%
30% May
53% Mar
37% Jan
High
Low
6%
45c
Range Slnee January 1
High
California Packing Corp common——•
-10
-10
General Electric common
1
FACILITIES
6%,
50c
1
*
1
Corp;
Accessories
Blue
•
Jan
Angeles Stock Exchange
Friday
Apr
18 %
9%
Unlisted—
_.
5%
Spring Street — LOS ANGELES — TRinity 4121
Jun
23 %
74
a48% a49%
oan
266
a
Angeles Stock Exchange
Barnhart-Morrow Consolidated
Rubber-—
12% May;
2% Mar <
Co., New York
jI
FAIRMAN & CO.
Jun
32
236
19%
45 %
39% Mar
1,025
22%
•
'9%
2,885
COMPLETE INVESTMENT
May
9
5%
4
Direct
Jun
21
10
589
1%
1%
1
common
3% May
18%
Stores
&
|
100
5%
9% May
44% May j
6% Feb ;
Jan
250
--
Tire
j
Jan
Jan
4%
26% May
25
9
Firestone
Feb
Jun
37
12%
12
*
class B__
Aircraft
Warner
Feb
22%
al2
Addressograph-Multigraph
5
8%
105
44
5%
*
B
\
Jun
9% May
5% Jan !
Jan
—1
—,
Jan ;
14
Apr
4%
—80
common—;
Jan
5
Jan
7
4%
»
**
4%
1
common
Radiator
Feb
4%
Feb
9%
1
-1
—1
,
2%
3%
3%
„
650 So.
•
Tube-
Jan
Jun
50
15%
16
.—
&
Feb
5%
28%
Jun
6
8
*
Sheet
3%
477
■
10
Preferred
3% Mar
100
1,885
May
31%
31 %
—
Weinberger Drug
Jan-
51
1
Ohio.
Jan
Jun !
6%
3 %
3%
>
3%
32
3%
—
19
Jan
16%
,
1,120
7%
Apr
.
Mar
10
<i
Youngstown
...
a25% a25 %
of
U
Jun
L
*
Oil
Udylite
Jun
25
a29% a29%
_
Acme
Standard
Jun
3%
Feb
Jan
Jan
34 V*
_
25
—
——
Feb
2% May
18
Feb
5
9
Corp
2%
13%
16
•
i
400
410
5
1
Brewing
Aur
49% Mar
___
Patterson-Sargent
Jan
19
6%
3%
2
common
Feb
35
25
»
Tile
Jan
13%
Jun
20
5%
i5
National
1 %
100
Mar
3%
Jan
May
125
5%
4
*
common
55c
Jan
22% May
80%
—
Refining
23%
19% Jan
*
National
Jan
50
5
Paving Brick common-
Tivoli
Universal
458
*
National
20%
Feb
89%
9
Packer
100
7%
13% Mar
20%
Laughlin.
Metropolitan
Jan
89%
—
&
Jan
12%
20%
*
Jones
21%
6%
100
5
—
Rubber
2,350
13%
2%
High
*
—
———
Low
7
1
Cleveland Navigation....;
&
7
Investing
Simplicity Pattern
Range Slnee January 1
High
13%
•
—i—
Iron preferred
Cleveland Cliffs
-7
5
an—
Controller
Clark
Low
400
32
-
16
1
Products
Sheller Mfg
Last
2%
3%
6%
-
*
(H W)—
Raisin Paper—
Scotten-Dillon
Sales
Sale Price
STOCKS—
400
Feb
1%
Jan
Jan
3
18%
—
•
Parke,
River
Exchange
-
8,200
18
3
3
—
1
-
Car
Motor
Parker
Rickel
Week's
32c
3%
2%
18
High
Low
1%
120
1%
49c
3%
10
common
Chemical
Packard
Prudential
Friday
47c
—-
Range since January 1
High
1%
48C
50c
Abrasive
Corp
Peninsular Metal
Cleveland Stock
Shares
Jan
7%
15%
20%
"
L*
Motors
Standard
19%
23%
w
23%
♦
Columbia Gas
General
18%
20 %
21%
—
*
Service
Cities
Screw
for Week
Low
1
Products
27
56
Micromatic
49
UnlistedAmerican
Bale Price
STOCKS—
Sales
Range
Last
Range Since January 1
25
10
Week's
ef Prices
Friday
Last
Sale Price
8TOCKS-
FOR
Sales
*
16%
2
5
12%
6%
1.034
165
16%
16%
160
12
12%
3.073
a37% a40
200
30%
6%
15
7%
Jan
Jan
16%
Apr
10% Mar
28
May
Jan
Feb
12% May
34 % May
THE
2584
OTHER STOCK
FOR
RANGE
Monday, June 11, 1945
CHRONICLE
COMMERCIAL & FINANCIAL
EXCHANGES
JUNE 8
WEEK ENDING
Friday
Range
for Week
of Prices
Shares
Last
Sale Price
STOCKS
of
1st pfd
Showcase & Fix
Weber
Inc
Lines,
Air
Western
—
'
*
1
22%
21
22 %
21
22%
California
25
Universal Consolidated Oil Co—.,—10
Oil
Union
Mining Stocks-
Mng Co.—_10c
Mammoth Cons
Black
Gold
Cardinal
9c
6c
7c
6c
—
1
Co
Mng
2,612
115
—
15%
Mar
25%
Jan
20 Ya
86
3,500
1,000
25
Salt Mfg
1
Philadelphia Electric Co common
$1
preference common
Pennsylvania
2574 May
Jan
Stocks—
Unlisted
11c
May
Phila
9c
May
Philc'o
A T
S F Ry Co
&
Company
Refining
Atlantic
Corporation
Aviation
Oil
Barnsdall
Co
Corp
Aviation
Bendix
al707/8
Borden
Company
—
Corp
Co
Service
Columbia
Company
Corp
Solvents
Corp
Commonwealth & Southern
548
161
Salt
985
182
60
3,441
29 %
6%
Jan
77%
35%
Jan
Jan
Jun
874
preferred
preferred
Scott
Jan
Paper
*
98
3 5 74
Feb
574
Jan
8 74
Jun
Transit
Jan
30%
24%
Feb
Zellerbach
Crown
26%
25
1774
68%
Jan
80% May
700
177-4
Jan
24
34%
Jan
38
May
35
39%
Apr
42 %
May
Westmoreland
17%
1,716
17%
Jan
1774
88
48%
Jan
Feb
23%
1,089
4%
Jan
125
16%
Jan
17%
Apr
U Feb
174
Apr
a21% a243/8
al0% a 1074
24% 24%
6
6%
20
20%
1
160
A
Class
& Share Company.
Bond
Electric
Power
Foods
General
Co
Corp—_—;
Corp
Co pfd
Motors
Graham-Paige
Ry
Northern
Great
Light Corp
&
General Electric
24%
6%
—1
-
Electric
a24%
al0%
—
140
282
United
Corp
common
preferred
$3
_—
1,335
a43%
—
6%
a51%
Corp—
of Canada
500
United Gas
Improvement
Tel
*
Tel Corp
&
Robbins,
&
9 ■>;
Jan
25
Mar
21
Central
York
New
19%
Jan
20%
Jan
1874
Inc.
Oil
Ohio
Co
American
1474
Jun
Jan
4%
Jan
Jan
43% May
Clark
182
405/a Mar
42%
Apr
Columbia
Jan
Continental Commercial Corp
Blaw-Knox
290
328
Co
36
5%
50%
8
Jan
Jan
52 %
225
1074
974 Jan
Feb
102
30
Jan
35
Jan
31
Fort
May
8%
462
a63% a65V4
145
Pitt
3974
3574 Mar
Oil
Pure
Glass
9%
Jan
7%
Apr
Pittsburgh
48%
61%
Jan
Apr
Jan
22
2974
•
10%
2474
170
974
Jan
11% Mar
San
785
1974
Jan
2474
Standard
1774
1774
195
17% Mar
6%
34%
a2874 a40%
2774 28
a52 74 a53 %
1,215
25
385
674
34%
Jun
20% Feb
Republic
Corp
Steel
•
Seaboard
Oil
—*
DeL
Co of
Sears, Roebuck Sc Co
Socony-Vacuum Oil Co
Southern Railway
Company
Brands.
Standard
—
Oil
Co
(Ind)
25
Standard
Oil
Co
(N
J)
25
&
Swift
&
*
——1
Inc
Webster,
Studebaker
Corp
—
3 4 74
Texas
Tide
25
*
Company
Sulphur Co
Gulf
26
2874
Mar
48
74 Mar
17%
Feb
51%
10
Water Assoc Oil
Union
Carbide
Union
Pacific
Air
United
Carbon
&
Railroad
United
Aircraft
United
Corporation
Corp
_•
Company—100
Inc
Lines
10
.
(Del)
Steel
S
—
2
.—10
—
•
—
Corporation
Sales
Shares
Low
Bros
—5
Pictures. Inc
class A
•
Westlnghouse Elec & Mfg Co..
12%
Union
Western
Tel
Co
1
Willys-Overland Motors, Inc
Woolworth Company
10
(F W)
a48
"
2374
23%
674
151
575
16%
American
Autocar
k Tel
Tel
Jan
44'A
574
130
5%
Apr
2274
76
1874
3374
Apr
145
150
35%
Jan
90
93
57%
Jan
62
98
12%
12%
913
1074
10
*
12%
12
Corp
1 50
450
2 70
Jan
13%
18%
Jan
Bankers Securities
Budd
(E G>
c.
3474
13
30 V4
Wheel
«
108
100
4974
3974 Mar
Curtis
Pub
Prior
•
common
«
preferred
Delaware
Electric
Co
Power &
Storage
202
1774
Jan
20
75
20
8474
Apr
92 %
117%
Jan
117%
40
3374
Feb
«
Apr
32%
440
28
Motors
—10
Gimbel Brothers
Lehigh
Coal & Navigation
•
Lehigh
Val'ey
For
RR
footnotes
_
see
_
__
page
2588,
200
474
"1
Jan
4
974
•
Feb
10
Mar
Jan
974
Jan
174
Jan
1%
Jan
3
Jun
Jan
38
Apr
1,000
.
3
200
3
3
Mar
8c
5c
75
250
5c
1174
Feb
12
3% May
36%
3674
427
34
31
3074
3174
364
27% Mar
3174 Mar
35%
35 74
36 74
491
3374 May
3774 May
4th
St.,
2,
Missouri
York
Stock
New
Phone
Exchange
CEntral
York
Bell
Chicago Board of Trade
Curb
Exchange
Mar
Apr
Jan
St. Louis Slock
Jan
Exchange
Friday
Week's
Sales
Last
Range
for Week
1,003
597a
Jan
69 %
Jun
Sale Price
of Prices
Shares
1,265
200
.395
1 00
520
137a
Apr
17%
Jun
44 74
Jan
4974
'
STOCKS—
17 74
2374
Jan
41
A
Jan
S
Jun
Aloe
Co
5%
May
4574 May
common..
Inv
20
Brown
Shoe
50
common
Mfg
Electric
Bottling
10
Low
52
50
5
Jan
Jun
52
9%
Jun
Apr
49 %
May
45
Jan
53
30
Max-
34
Jan
10
Mar
200
8
48
53
53
11
33
100
874
874
250
8
May
23%
8%
1
High
Jan
774
974
49 74
33
1
common
Range Since January
-
974
»
Co
High
49%
—
__i
common
Brewing
52
—
1
common.
preferred
Falstaff
2374
215
23
May
Jun
2574 Mar
Ja"
__
High
25
Huttig S & D
.
*
com
1774
157 74
Jan
17374 Mav
110
167 a
Jan
2274 May
850
International
Key
Co
Jan
3074
Jun
100
57%
Jan
77%
Jun
pfd
100
Shoe
common
common
*
1111*
.
Laclede
14%
465
10%
Jan
1474 May
16% May
Laclede
10% Jan
Steel
Midwest
Piping & Sply
Missouri
Portland
National
5974 Jan
667'a
Jun
Rice-Stix
Jan
2274
Jun
St
Louis
Bank
51
Feb
St
Louis
Pub
6474
64%
667a
172
2274
22%
2.366
4674
47
1674
4474 May
62
Jan
7074 Mav
67%
69%
1,281
-27 74
277 a
50
2174
Jan
287a May
13%
14%
2,317
12 %
Jan
1574
Candy
17
866
6%
Jan
17
Jun
•
common
Cement
Mar
38 74
Mar
21%
22%
165
22%
Jun
18%
18%
155
1474
Jan
20
Feb
27%
26
27%
460
23
Jan
27% May
4174
4174
42
39 74
8%
8 %
Dry Goods
cl
A
Inv
*
com
com
common
common.,
Sterling Aluminum
Stix, Baer & Fuller
Wagner Electric
common
common
common—
574
22
— —
'
3
10%
Jan
150
6 7-4
2,265
31
22%
24
24%
50
100
15
:
4274
Feb
11
974
2
Jan
474 May
17% Jan
27%
17%
—
-
6%
34
Jan
2274
20
May
2474
63
19
Jan
5%
5 74
200
4
Jan
14%
50
Jun
Fen
1474 May
22
Jan
1,280
14%
2474
1
24
Jun
Jun
Mar
Jun
Jun
2474 Jun
5% Mar
1174
Jan
15
May
38
Mav
Jun
37%
Hi
3774
80
27%
Feb
29
»
15
v
Feb
8
57
:.;,
1374
22
2274
IIHZI5
10
31
8%
23%
»
common
Bldg Equipt
Serv
13%
6
—
25
com
common
Feb
15%
Securities
100
20
1374 May
.
34
,__5
common
117% Mav
Jan
Apr
235
5
Brick
Laclede-Chvisty Clay Prod com
Gas Light common
30%
7774
200
16
36
Mar
1,345
2574
170
3574
.»
common
common
Hydraulic Pressed
16%
36
— —,
Hussmann-Ligonier
Range Since January 1
1674
1774
1
common...
Griesedieck-Western Brew
20 %
250
Low
—
American
3774 May
35 % May
Low
/
7600
Teletype SL 593
Associate
400
00
16%
--
St. Louis
Apr
Jan
•*
Jan
Jan
Jun
9%
1674
_
674
2
92%
14%
401
6
59
282
~
8
174 Jan
328
•
Jan
5874 May
12%
6874
2%
3
*
12%
North
Chicago Stock Exch.
Scruggs-V-B Inc
General
650
1,9 50
12%
46%
274 May
3 74
Louis Stock Exchange
39% May
High
11374 115%
13%
Light
Butiery
1274 May
Jan
Members
3974 Mar
1274
11474
Chrysler Corp
Feb
1%
Edward D. Jones & Co.
New
Feb
55
Jan
Jan
1674
9%
700
Established 11871
14%
—J:/:
1,129
2%
5c
*
300
29%
«
Co___
1274 May
12%
1174
1
r
77 74
14%
Feb
98
,
Jan
6
1
Steel
Jun
1707a 172%
50
Works v t
Mfg Co common
Feb
227a Mar
7%
1
1
2974 May
3174 Mar
189
20%
674
v
3 74
Feb
Shares
2174
Jun
2474 May
274
,*
*
0
common
Apr
11%
for Week
—
7 Feb
98
12%
3874 Mar
Range
2174
Jun
274
Jan
98
vtc
Apr
Jan
of Prices
17174
7*
Jan
20%
5%
Sales
5C
Baldwin Locomotive
Budd
-100
common..
Jan
1% Max-
Apr
2874
Week's
Corp preferred
Company
1,746
St. Louis Listed and Unlisted Securities
17%
3474
Last
American Stores
4%
Jun
108% May
101% Jan
1374 Jan
79
60
Sale Price
«
107-a Mar
Jun
Philadelphia Slock Exchange
Low
1674
Feb
2174
*
Glass common
Vanadium Alioys
Coca-Cola
Par
Jan
9%
-
100
Steel
Century
STOCKS—
3474 Mar
400
Supply
Burkart
Friday
690
Jan
13
236
10%
2%
Mining
Springs
Toy
45
35% 3574
a22% a2274
a4774 a48%
__
16 74
1074
High
28%
345
1274 Feb
2474
16%
17%
a4874 a49
17%
a4874
Low
33 74
14%
15%
Range Since January I
High
31%
Par
Warner
Jun
Mar
Jan
a9074 a90%
al28 74al29 74
a3874 a3874
28% 28 %
1 74
2
59 ■"
59
6974 6974
—
__
*
—
,
a3874
5
Corp—
U 3 Rubber Co
U
—
May
3674
Feb
207/s
Jan
Jan
a52 74 a53%
a4374 a4374
19
19
—
a437/4
20
Jan
for Week
7
pfd
St.
Texas
Jun
30%
60
0
Westinghouse Air Brake
Westinghouse Electric Corp com
10%
al474 al574
26% 27
3 4 74 3 4 74
—
25
Co
40% May
Jan
1974
3774 37%
a62 74 a63%
a62%
3374
875
a44 74 a4574
__
1874
137
,8
1774 Mar
Jun
640
a3 7 74 a377a
—
Standard
Stone
10%
1674
a45%
_*
*
lnc__
Feb
12
al2074al2174
a 120%
•
15
;
7%
3 4 74
301
65
a24
a24
__
Jan
574
24%
11%
2374
Jun
1
Brewing
United States
28 74 Mar
415
al974
al9
—
Apr
46%
Jan
Jun
29%
a 1974
America
of
274
Jan
1374
2%
Pittsburgh Screw & Bolt Corp
1074
34%
Jan
38%
674
Refractories
Fireproofing
24 la
—
174
582
10
Fuel
National
28%
1774
995
1,741
1
com
Gas
Mountain
28% May
26 74 May
Star
—
—♦
Co
Corp
Radio
Jun
Apr
—
a53 74
«———
Jan
3 74
Range
*
common
Brewing
Walker
1,270
•
Inc
1
Jan
10
Electric
&
Gas
Harbison
Lone
a6414
a39%
2774
Pullman
174 May
Apr
May
18%
20
50
25
Jan
74
17a
Apr
255
a28 % a28%
Inc
Pictures,
Paramount
1
Jan
5074 May
6474 May
5,369
Week's
*
Devonian Oil
a28%
Pennsylvania Railroad Co
Phelps Dodge Corp
Jan
i
(D L) Candy.—
Common
Co
Feb
57%
May
1074
674 May
38%
370
„•
1
Car
Motor
Packard
42%
of Prices
*
974
14
a2774 a28',4
*
Co—
45
May
52
1974
34,8
*
Steel
Ludlum
Allegheny
397
745
70
8%
—
•
1
10
RR
American Aviation,
North
7
158
1% 2
4474 4674
1574 1674
Par
Pittsburgh Steel Foundry common
North
Feb
36-74- Jan
15,0
Last
May
365
•
Montgomery Ward Si Co, Inc—
4974 May
Sale Price
BTocKs—
Jun
-18
1
Inc
49 74
81
May
Pittsburgh Stock Exchange
May
12% Mar
674
a28
*
29% Mar
305
3 74
—
„
23
Jan
18
Jan
a38%
a38
—
7
Libby, McNeill Si Libby
Loew's, Inc
McKesson
—
*
Copper Corp
1974 Jan
725
—
10
20
Coal
Jeannette
Int'l
Kennecott
335
Jun
574
10% 10%
a34% a35
2874 2874
—
a345/8
•
39 74
Jun
7
1,920
14
—
——-—*
litterlake Iron
Int'l Nickel Co
145
14%
a7% a7%
a43% a44%
a47% a48%
6%
6%
a51!4 a52%
14%
5
0
*
—*
1
•
32% Mar
32% Mar
60% May
20%
27% May
440
55
2%
Apr
Jun
369
2
46'/a
157/8
Westmoreland Inc
6%
7
al7% al7%
1
1%
674
—
5
74 May
28 74
Jun
70
16%
23 %
1
Corp
Curtiss-Wright Corp
26
Jan
947
1
.8
Friday
Continental Motors Corp
Jan
2474
11/2
|«
374
*
*
13 %
Preferred
257
17
a60%
—
common.__25
25
Corp
Investment
a60'/8 a(5l'/a
23% 23%
—
—
,_1
1
Aircraft Corp
Vultee
Cons
Jan
21
Jun
Jan
-
1
Tonopah Mining
Feb
1,08$
Apr
32% May
22% 24
a38% a38%
a43 74 a4374
__
--
774
4058 May
41
7%
7%
50 /a 50°/a
621/2 62T'8
7%
*
common
Oil
Sun
44,4
1
Corp
Oil
Dome
30% 30%
a21% a21%
a52% a5374
a79'J/8 a80%
—
a52%
a79%
24
*
*
*
& Electric Corp
Gas
Commercial
571
Jan
Jan
37% Mar
26% 28
47% 48/4
44 ,8 44 /8
27
50
50
"0
common
11% May
4,833
2|/a 2//a
31% 32%
35/8 37
—
5%
3274
395
165% May
8
25
*
10
Co—
Pacific Railway
Canadian
2nd
Feb
3
High
Jan
1,867
38% 39/a
25 /a 26/4
25 /a
27/a
31%
7%
7,380
38 /a 40/a
394
10
•
Corp
1st
48% May
—
5
15
-5
Caterpillar Tractor Co
Cities
15% May
Jan
3474
Bethlehem Steel Corp__—
Boeing Airplane Co
Borg-Warner
Jan
42%
8%
a937/a
13
5
5
Works vtc
Locomotive
Baldwin
12
107
34% 35%
8
8%
a93% a95%
a32% a32%
7%
8%
—
50
5
100
25
3
(111)
Co
&
Armour
Co
Copper Mining
Anaconda
428
,
c,
Refin Co
& Tel Co
Tel
American
14% 14%
a4874 a4374
al70 74al72%
14%
•
*
100
San Corp
American Smelt &
low
539
6^8
39
—-2o
pfd-:
Elec Pow 8%
Jan
Jan
7c
2 Vic
?,/2
-1
50
Range Since Januaryl
High
10% 11%
1074
Light--'—•
&
Power
Pennsylvania RR
Mar
30
Jan
1614
Low
Mar
28
Jan
National
Reading
Amer Rad & Stan
of Prices
Shares
Par
Pennroad Corp
300
a26V4 a26s/a
—
for Week
High
Low
30 4' 30
30
Sales
Range
Sale Price
STOCKS—
1
Range Since January
High
Low
Par
Week's
Last
Sales
Week's
Friday
29
10
25
Jan
29
14
Jun
1374
--
14
385
11%
Jan
18
18
50
13
Jan
18
% May
40%
41
187
35
Jan
41
May
THE COMMERCIAL
Number 4393
Volume 161
FINANCIAL CHRONICLE
&
CANADIAN
RANGE
LISTED
FOR
WEEK
258S
MARKETS
ENDING
JUNE
X
Week's
Sales
Last
Range
for Week
Sale Price
Friday
STOCKS-
of Prices
Shares
Par
Canadian Listed and Unlisted Securities
Lake
Coin
1
Collingswood
Conduits National
MEMBERS
293
BAY
THE
TORONTO
STOCK
Telephone:—Waverley 7411
Mining
Cosmos
LAKE—TIMMINS
Imperial
Toronto Stock
Canadian
Friday
Last
STOCKS—
Sale Price
Par
Abitibi
Paper
preferred
preferred
6%
V/o
5,985
59%
57%
60 %
6,535
44
Mar
162
170
250
140
Jan
9c 10 %c
8,300
104
IOV2C
Atlas
98
14 %c
Apr
24
Dominion
Steel
Jan
Dominion
14%
Jan
18%
Jan
Dominion
Tar
104',4
104 104%
120
100%
Jan
105
90c
6,850
73c
Jan
8.90
9.00
1.668
80c
85c
9,200
22c
19c
23c
9.55
96c
Feb
May
Apr
21c
20c
21c
6,800
10c
Jan
29c
1
45c
40c 47 %'C
24,800
27c
Mar
16c
47 %
East
Economic
42c
May
50c
May
10c
21c
7.100
6c
Jan
21c
Mar
20c
22C
39,600
16c
Jan
29c
Apr
Famous
76c
76c.
87c
17,400
49c
Apr
1
Mines
1.41
1.32
1.48
118,650
1
Gold Mines
3.95
3.90
4.00
3,750
49 %c
15c
15c
1,100
12VaC
Jan
17c
Mar
1.80
2.00
May
1.80
1,600
7c
7c
8c
3.000
3VaC
Jan
58
58
59
595
42%
Feb
28%
26%
28%
1,185
25%
Jan
19%
19%
I,150
18
Feb
Fanny
1.03 May
Mar
80c
Am-
Jan
105%
Jan
74c
Jan
1.90
Apr
Federal
Jan
4.25
Jan
Fleet
3.60
Mines
Consolidatid
Bank
1
Bank
of
Nova
Bank
Scotia
of
Toronto--
Barkers Bakeries
Jun
101
101
5
Jan
102
May
2%
2%
449
com'—1
Apr
9%
8
10 %
21.688
7
Mar
10%
Jun
18%
17%
19 %
2,315
14
Jan
19%
Jun
common..-4
16 Va
17%
560
13
Jan
17%
Jun
9%
10%
7%
Feb
10%
Jun
10%
10%
1,246
1,000
7%
Jan
10%
Bathurst
Bear
Mining
class B
Power
Exploration
Beattie Gold
Radium
&
2nd
Gold
55,750
15%
15%
14
50
ll %
25
825
35%
Jun
•
6.00
5.75
6.00
3,900
4.30
Jan
4
—-1
38%
38%
39
1,610
4
Trust
4%
3
4%
8,595
68
74%
395
_
Mines
:
Kirklanu
Btdgood
100
10 %c
4 %
4
Biltmore Hats
Blue
Ribbon
bobjo
Bralorne
British
American
British
130
166%
290
167
10 %
10%
1,400
•
Buffadlson
Hill
37 %c
45c
95,300
30c
Apr
11
11
8
8%
75
20c
22c
13,000
36c
30c
36c
25,430
57c
43c
67c
101,600
260
Mar
1.30
Gold
55c
9
Jan
Jan
32c
Mar
15%c
Jan
45c
Apr
43c
Jun
67c
Jun
Jan
Feb
Great
17%
2,940
14%
2"%
27 %
16,706
22 "4
Feb
27%
210
8%
Feb
9 V,
Jun
23%
Jan
25%
2.150
535
25
Apr
32
23
205
20%
Apr
23% Mar
42c
May
73%c
Jan
Gunnnr
17,800
68c
May
78c
Feb
Gypsum
1.15
5.00
5.25
1,693
40c
47c
30.060
21%
375
21V*
2,100
5.00
Jun
18%
22
Jan
3,500
3%c
Jan
12
1,175
10%
Jan
1st
preferred
12
22
21%
22
202
17%
Jan
12
13%
235
10%
Jan
30
1
1.89
25c
30
40
1.72
1.89
6,350
26c
23 %c
4,500
27
1.70
21c
Jan
Jan
Jan
Feb
Jan
30
2.15
30c
6%
Jun
Feb
Apr
Mar
150
6
Apr
112
112
112
50
111
Apr
112
Jun
*
13
121/4
13
1,230
Apr
13
Jun
100
122
122
Feb
125
Jan
4
8%
9
70
490
6
6
4
common
'
A
Cement common
Preferred
Northern
Power
5
9%
118
Jan
10 V.
Jan
33
Jan
35
Jun
1,050
12%
Apr
15
Jan
175
Mar
7 V:
class
33%
34
4
Packers
14%
14%
100
172
173
12
158%
Jan
14
15%
1,581
11%
Jan
44%
46
71
39%
Jan
46%
76
76
15
70
Apr
77% May
28
23
A
B
Permanent
Mortgage
Steamship
Lines
•
common
50
Preferred
Canada Wire
4
& Cable class A
76
28
10
4
7
7
200
-100
96
98
105
4
Class B
Bakeries
Preferred
common
__
5%
95
14
Feb
15%
28
Jun
Feb
7
Jun
98
Jan
15%
Jun
15 V2
15
15%
3,610
15
51
14%
15%
27,390
8
Jan
15%
Jun
50
51%
595
44
Jan
51 %
Jun
4
19
19
19%
1,660
-20
Conv preferred
4
Canadian Car & Foundry common.—4
New preferred
25
24
19%
24
24 %
235
19 %
20
3,417
12%
14%
2,645
10
Apr
14%
Hinde
Hollinger
31%
680
27%
Apr
31%
Jan
53
Jun
common
*
Preferred
Canadian
1st
Canners
common
preferred
,
—
Canadian
Celanese
53
4
21%
595
4
62
62
10
A—4
6%
7%
2,300
2,800
16
•
common
Canadian
Industrial
Canadian
Alcohol
com
Oils
Canadian
Class B
—;
Canadian
Tire
Trethewey
Class
Central
Patricia
Gold
Mines
Chateau
Gai
Jan
19
Jan
28
May
163
163
7
150
Jan
165
May
163
1814
17'/4
18%
50,996
10
10
10
6
6
6
25
19%
21%
Chromium Mining & Smelting.
Circle Bar Knitting—
Citralam Malartic Mines--.
^ocbetiour Willans Gold Mines
Co
3.75
2^c
Huron
-1
1
"3c
1-85
4
——*
I50
—1
43c
9 05
137«
-
1
4
May
Jan
6
21%
Petroleum
Uranium Mining
12.437
5,700
12%c
Jan
5
100
4
Mar
25c
Jan
33c
5%
May
Jun
J
M
Joliet
Quebec
Apr
75c
3.89
1,565
1
Jan
12% May
Jan
4.00
14
Apr
May
Lake
La
Mines.
16c
3,500
lie
200
4
23
29
28
29
Jun
57
Mar
5%
400
30
16%c
23c
Apr
May
6%
Jan
170
30
Feb
Apr
6
Mar
26% May
75
5
29%
Apr
102
Jan
30
Apr
8c
Jan
5%
4VaC Jan
Apr
1.36 May
Mar
16c
30
Mar
Apr
4%
285
7
May"
19 c
17c
19c
1,800
11c
Jan
22c
May
45c
42c
45c.
5,385
22 %c
Jan
54c
Apr
8%
Jan
12
Jun
5c
Jan
24c
Apr
3c
Jan
15c
Apr
8
8
12
4,085
18c
22c
360,000
8%c
8c
,10c
46,500
3.75
3.65
3.75
750
3.10
Jan
,8%
10,365
6 %
Feb
10%
7'
8
16
7!
7
16 %
280
7
1,880
16
6 !e
14%
v
Feb
4.00 Mny
8%
Mar
Jun
17
Apr
8
Mar
Feb
83c
81c
85c
24,320
68c
Apr
90c
Feb
12 %c
10c
13c
28,900
5%c Jan
15c
Apr
48c
46c
52c
71,150
20c
Mar
65c
Apr
1.01
98c
1.08
40,122
54 %c
Jan
84c
80c
86c
13,200
43%c
Jan
87c
May
44c
31c
50C
255,800
20c
Aur
65c
Apr
5,600
1.38
1.38
1.46
19%
19%
19%
12%
12%
3.75
9,330
37c
3.75
14 %c
77c
Jun
18
Jan
10 "0
6,414
3.50
1.28
95
12%
Jan
3.05
Jan
1.23
Apr
1.46
20
Jun
Mar
13% May
4.30 Mar
43c
63,400
25c
Mar
43c
Apr
12 %c 14 Vac
34.500
3VaC Jan
19c
Apr
82c
87.100
27 %c
Apr
70
%c
1.09
Apr
45c
42c
45C
17,070
34c
Jan
46c
33
32 %
33 %
2,350
30
Jan
35%
25
25%
200
20
May
25%
Jun
25%
140
19%
Apr
25%
Jan
90 %
90 %
5
Mar
90%
Jun
20
Jun
90%
—4
1
Feb
12%
14%
15 %
20
1,790
15%
14 Va
15%
15%
5.772
13%
Jan
15% Mar
12%
12 Va
3,800
12%
Jan
13%
Apr
14
14%
30
12%
Apr
14%
Jan
71c
Jan
1.40
Apr
28 Vb
29
985
21%
Feb
29
Jun
105
575
103 %
Apr
106
Feb
105
105
25
103
113
29
10,950
105
1.25
1.30
113
35
111
1.25
37%
23 %
1.40
Apr
106
Feb
Apr
113
Jun
39
May
24% Mar
37%
38 Va
2.997
31%
Jan
22
23%
12.215
21%
Jan
1.30
1.40
1.30 May
6,200
1.60
Apr
Apr
39c
Feb
33c
31c.
22,600
25c
13c
13c
15c
4,500
10c
Jan
18c
Jan
10c
9c
lie
11,047
3c
Jan
13c
Apr
43c
43c
47c
9.510
28c
Jan
52c
Apr
12c
11c
12c
9,406
5 %c
Jan
18C
Apr
6c
10c
6,350
3c
Jan
12%c May
76
86
90,900
70c
May
1.35 May
57c
137,200
40c
May
33c
41c
23%
14%
14%
29
14 7
460
8
10,765
2.930
1.15
1.15
1.25
1.33
Mining &
Mines
85
Mar
Jun
1.22
1.40
30.550
3Hc
30C
40c
73,900
4.40
5.10
49.105
..
—.
.
Exploration.
1.43
1,31
1.45
10,000
7.25
—
57c
Jun
18
Apr
29
11 %
Jan
14% May
50c
1.00
14c
Mar
Jan
Jan
1.35
Jun
Apr
1.44 May
40c
May
—
Default Mines Ltd
Luz
Apr
53%
5%
16c
29
Kerr-Addison Gold
Labrador
90
15
2,000
57c
Kelvinator Co
Jun
Jun
70
55
10
—
Townsite
32c
2.94
102
55
10
Mar
14c
—
Mining
Lake
15 Va
17.425
May
Kayrand
Kirkland Hudson
Jan
105.700
101
80
Kirkland
14%
47C
Jan
1
1
Mines
Consolidated
Kirk'and
Apr
4.00
3c
i
Mines
Jan
1.15
15%
40,300
1
Mar
2.42
610
40c
6%c
*
1.60 May
60c
Jan
1.50
30
6c
4
Mines
Jacola Mines
Jellicoe
1.56
6%c
100
————100
100
*
1.30 May
2.800
Jan
,
———-— —
Waltc
Jun
26C
14
Jack
10
2.79 May
8.642
83c
100
common
Gold
Jacknife
Jun
Jan
35c
II,100
4% preferred
International Nickel Co common
10
Jan
1.85
1.28
4
4
A
preferred
"A"
Jason
2 79
13%
Jan
1.00
33c
1.18
1
Preferred
Jun
22c
15%
1.35
860
1.65
1.20
1
International Milling
18%
15%
94c
Imperial Bank of Canada———
10
Imperial Oil
*
Imperial Tobacco of Canada ordinary-5
Imperial Varnish common.......
4
Inspiration Min & Devel—-—-——I
International Metals common A—-—4
Jan
2.60
1.50
& Erie
11%
1.89
5
4
Wines—
Research
Plow
70c
25
1
"hesterville Larder Lake Gold Mines
Cockshutt
4,050
75
Jun
Jun
24
i
Central Porcunine Mines
Chemical
7%
35
1.17
1.20
69c
B
Jan
Jan
Mar
27
1.15
—
Mines
International
24
—1
1,600
41c
Mining & Smelting
International
6
73c
*
class
Ltd
Hunts
Mar
1.06
4
..
Castle
Bay
May
1 06
--
69c
29c
25
Gold
Hudson
63
1
Shipbuilding class A
71c
Apr
22c
5
Hosco Gold Mines
22%
Jan
25
1
Ry
Paper
—
19% May
6%
Jan
1
1
1
4
Consolidated Gold Mines
49%
33 %
100
:
Pacific
Canadian
Feb
May
35
4
common
Preferred
25%
20
*
Malartic
Canadian
19% May
*
Locomotive
Canadian
51
20!
4
,
Mar
19% May
17% Feb
130
Canadian
Dredge & Dock
Canadian Food Products
13%
31%
15
Jan
9c
1
Yellowknife
Homesteud Oil & Gas
Jun
45 %
Commerce
May
4c
Homer
Howey
May
39c
7,300
112,425
1
1
1
Gold
Oil-
Home
50c
54,600
21c
—-4
Mines
Mines
Dauch
&
May
45c
*
Mines
Hevecourt
Mar
35c
9%C
19c
Cadillac
Heva
85c
Jan
9c
11%
Gold Mines
Heath
Jan
21 %c
39c
1
1
1
4
Gold Mines.
Harrlcana
Hasaga
Jun
30
Breweries
Ltd
Bridge Co
Gold
27c
16,550
15 VaC
Alabastine————•
Hamilton Cotton
Harding Carpets
Hard Rock Gold
27,015
24c
.
20c
4
4
—4
—1
1
Hallnor Mines
Hamilton
Jan
44C
Jun
•
Bank
Canadian
common
Jan
Mar
Jan
26C
4
Gold Mines
Halliwell
Jun
Jan
May
10
Canadian
vtc common
Halcrow Swayze Mines
Harkcr
100
Canada Bread
Canadian
Apr
May
15%
4
—
—
May
24
12
4
2
May
10c
12
12
4
Mills
Jan
65c
28c
9c
3%c
56c, 60 %c
4
Mines
Lime &
11%
6.50 Mar
26c
Jun
6.50
8%c Jan
6%c
5%c
1.15
Jan
Mar
57c
50
1
4
4
—
Mines
Gold
10,100
4
Calgary & Edmonton
Bousquet
West Saddlery
70c
Jun
Co
Wihksne Gold
46c
1.10
-
Apr
17
105
Feb
101%
1
Porcupine
Grull
100
1
Mining
Great
12% May
Apr
4
Mines-
Common
.
10%
Feb
Feb
9.25
1
—————
Preferred
1.15
43c
4
Oils
May
100
May
77c
May
5.75 Jun
1
1
1
—»
Gold
58c
*
Mines Ltd
preferred
Vtc
Jun
25%
4
36,600
Lakes Paper
68c
class A
Linen
Graham
1.10
Extension
176.900
20c
Preferred
Jun
9%
30%
21%
2'2c
16c
Grandoro
18
25
*
16C
Mining
May
17
42c
2 iC
18 %c
Gold—-
„■
Goodyear Tire & Rubber common
3
12c
30
4
12,242
Golden Manitou Mines—
Jan
1€
9%
•
7.00
Goltjhawk
May
70c
Mines
6.70
Gate
44c
Steel—
Co.
Feb
22%
1
6.95
Eagle
Golden
•
Class B
Canada
10
Gold
24
20
Lake
Goldcrest
Apr
29% May
Feb
105
Goldale Mine
11%
Jan
21
105
1
1
1
Jan
24%
105
God's
—1
Mines—
I,765
Apr
4% Mav
Mar
Gold
Goodflsh
25%
29%
Jan
1.50
May
Apr
•
A
Oil
Gold
Burlington
Canada
Feb
Jan
•
class
29%
15
Jun
4
Packers
Power
Products
Class
Jan
90c
26%
1.00 May
97
Gillies Lake-Porcupine
May
9.50
600
21c
3% May
125
35
30
167
161
15c
1,230
210
112
Feb
Jan
9,900
4%
1,50
100
Glenora
22%
5 %c
10c 11 %c
16 %
Feb
111% Mar
75
4%
common
Giant Yellowknife Gold Mines
1.90 May
40
Apr
12%
—4
———100
Wares
Preferred
Feb
Jun
65
16
General Steel
Jun
Feb
1.10
•
Ankerite Gold Mines
Canada
1.55 Mar
4%
2.35
Feb
4%
12%
—100
preferred
5%
Jun
24 %c Mar
39%
99 %
4
Gatineau Power common
4% May
45
29%
1.10
5
Canadian
Canada
Apr
1
1
•-wiftnlo
Class
3
1.52 Mar
*
Buffalo
Canada
12%c Feb
1.10
—4
Porcupine Mines, Ltd
Calmont
24,615
38
10Va
Oil
Dominion
Caldwell
1.80
166%
Light <fc Pwr com—*
Columbia
Columbia
Burns &
34,055
1.70
37%
10
Ltd
British
Bunker
1.66
20
Mines
Mines,
Building
4%
1.70
29
& Distillers-
Broulan
3%
1.58
112
Ltd
Brazilian Traction
British
200
4V8
29
_
Brewers
8,040
45c
:
Gold
Bonville
151/4C 16 %c
112
common
Mines
Bonetal
Jan
Jun
30
Jun
100
class A—
——
May
6.25 Mav
Jun
9,415
Co
Foundation
Feb
14 %
39
27% Mar
37
1.50
1
—4
Mining-.
25
30
Jan
May
ouiu
30
.
6.00
30%
4
42
15% May
Apr
39
2.50 Mar
A pi¬
14
39
4
5.75
27% Mar
25
IOO
Mines—
100
14
39
4
'
5.90
26% Mar
100
2.26
-*
Frobislier
340
lie
38c
Exploration
Jan
1
River
Berens
6.75 May
27,200
5.90
250
30
—1
1
Mining
Apr
3.05 May
3.00
5.35
15c
II.450
Gold
100
preferred
Bell Telephone of Canada
Belleterre
21c
Jan
15c
2.70
5.50
24
Francueur
0
Class B
Jun
Mar
26,900
14c
2.99
1
—•
—
63c
Mar
45
*
Bros class A
Beatty
Apr
24
18
4%
1.73
2.40
58C
Apr
29%
1
1
Mines Ltd
Jan
Jan
24
15-%
45
1614c
98c
22c
60c
1,095
29
*
4
29.200
22,450
29%
Apr
4%
—
1.51
1,30
4
May
*
29%
1.42
1.17
—1
1
Jun
1.45
1.20
1
—
Mines
60c
22 %c
50
10
10%
4
4
4
Jan
Jan
Jun
100
of Canada
13c
140
2%
Jun
2b
B
—
10 %c
27%
100
2%
Co
Kirkland
12,150
17%
Jun
101
common
79,720
17
Jan
12%
18
Chemical
Aircraft
Ford Co
12%
Feb
Feb
——
55c
Jun
11% May
10
14%
—
17c 18%c
27%
10
.
Metals
17%
common
Preferred
Base
17c
10
Montreal
of
50c
1
..
Mines
63
Apr
19%
600
Fleury-Blssell common
Bagamac
Bankfield
100
12%
Mar
28%c Mar
18
-L
Grain
12%
13c
60
17 %
Nickel
Preferred
12
12
Jan
Jun
18
Players
Farmer Canny Shops
Federal
35c.
103%
19%
1.15
Jun
28
—
Faleonbnrtge
10
2.10
Feb
Investment
34,900
61,600
Apr
Washing Machine.-
Easy
13c
46c 49 %c
60c
247n
Mines
Eastern Steel
Jun
46c
104 % 104%
4,310
2,125
Oli
10c
47c
2.10
4
&
Sullivan
44c
—1
1.85
28
East Malartic Mines——
40c
°..100
1.90
67c
26%
Investments
Mining
1
preferred
Jun
27
Mines
1
Ltd
Wiborg
60c
com—
——j
crest
eh.s«.
May
1
1
18,600
Woollens common
Duquesne
Mar
Jan
25c
7,400
Donalda
May
Jan
7.60
75c
Preferred
1.13 Mar
Apr
67c
Stores
Dominion
Mar
60c
4
Steel
&.
class
May
Jun
Mar
1.92
42
Feb
—.100
Scottish
Mar
27
May
common..——4
Dominion
Jun
Jun
67c
4
—
.
20c
120 %
8.90
80c
Preferred
Feb
2.30
98
Jan
1.50
•
common
common.
Malting
12c
1.25 Mar
23
Feb
1.60 Mar
Mar
38%
Jan
70% May
1
preferred———25
Dominion
100
—
Geld
540
Feb
Dominion Coal
Jun
Jan
1
5
10
170
Feb
86c
1,425
15.800
42
Bank
Foundries
95
*
*
1
26
1.65
42
Jun
149%
Jan
1.21
90
Apr
2.09
Jan
Mar
Jun
2.25
May
49
Apr
May
16
Jan
145%
May
7%
Jan
1.45
4
Dominion
pfd._100
5%
26
Ltd
Jun
97
1
rtutnaque
Aunor
17%
19%
Mines
60%
5
Quebec Mines
Yellowknife Mines
&
40
1.33
25
1.55
26c
14
8,598
98
26
1
Dairies
860
Mines
Aubelle Mines
Ault
4,750
37,575
1.42
Jan
1
Dominion
98
Arntfield
A.itoria
24
2.10
12c 13 %C
7%c Jan
1.34
1.63
Mines
Jun
117 120 >4
Gold
Ashley Gold
24
2.00
17
High
2,905
322
96
4
Seagrams
Dominion
1.40
100
Gold
4%
119
Gold Mines Ltd
Gold
Low
2% Mar
*
common
of Canada
Co.
Armistice
17 %
100
Ltd
Canadian Oil
Anglo Hitronian ——
Aquarius Porcupine Gold
Arjon
13 %c
*
Anglo
Area
24
2.00
•
Gold
Dome
Range Since January 1
4',4
•
Preferred
Aluminum
Shares
High
Copper
Aluminium
of Prices
3%
Steel common
Algoma
Range
67%
6
6% Mar
25
66
77c
Apr
23c
1.700
145% 146%
Jan
5
90.7.0
1
Coal
Mines
Distillers
L010
Agnew-Surpass Shoe Co common--—
njax Oil & Gas
1
Aidermac
Sales
for Week
4
Oil
&
Gas
Acme
Delnite
Week's
4
common
*
2.20
2.09
14%
100
4
Petroleum
Denison
Funds
1.95
1.60
14%
High
43c
4
Davies
100
100
&
Power
Exchange
100
67
Aircraft
Cub
7%
7%
146%
Mills
Pass
Patricia
Crowshore
1,000
100
Box preferred
Nest
25c
Smelting—5
&
(Toronto)
Croinor Pershing Mines
Crow's
25c
4
Conwest Exploration
Cable Address:—"Dohroadco" Toronto
Branches:—KIRKLANI)
10
1,80
Consolidated
Corrugated
25,200
5
Bakeries
Consumers Gas
STREET, TORONTO 1, CANADA
72c
5%
25c
Mines—
Consolidated
EXCHANGE
67c
5%
__l
Coniagas Mines
Ooinaurum
Low
70c
4
Range Since January I
High
5%
Terminal'preferred-
Commoil Ltd
DOHERTY ROADHOUSE & CO.
low
7.25
7.25
200
2.35
Jan
5.10
Jun
l.Op Mar
1.60
Feo
Jun
7.25
Jun
7.25
THE COMMERCIAL &
2586
Friday
STOCKS—
Week'*
Rapge
Lake
Shore
Mines,
Gold
Lamaque
Mines
—1
Ltd—
*
1
Sons—————:
Lang
&
Caaniae Gold
Mines
Mines
Lebel" Oro
-
class
Groceterias
LobJaw
A
Apr
26% Mar
28%
Jun
Toronto Elevators
27
Feb
Toronto
General
2.09 Mar
Toronto
Mortgage
Jan
73c
4.10
15.150
8,630
Jun
3.85
Jan
4.50 May
Traders Finance
class B
3.05
3.25
18,700
2.25
Jan
3.40 May
Transcontinental
74c
4,35
3.15
,
2.73
2.55
2.80
21,100
2.17
Jan
3.60
3.75
24,500
3.25
Jan
*
6c
6c
7c
15
20"2
12c
1.00
88c
2014
•
11%
11%
2514
25
12
25^
•
1114
10%
10614
McDougall Segurs Exploration
*
Mdntyre Porcupine
5
MeMarmac
Red
M'-Watters
Gold
Gold
3,000
8c
59%
Jan
1
National Steel Car
New
Norgold
13'4
23c
20c
Ventures, Ltd.
Northern
O'Brien
Gola
Okalta
Oils
1.85 May
Orenda
Cold
Gttafra
Car
Walker-Gooderham
Jun
20
Mar
100% 101%
140
99
Feb
101
125
20
24%
22
125
' 130
10
92
Feb
135
May
90
80
85
May
90
May
75c
80c
13,375
53c
1.10
Jan
20% Mar
24 %
57
Jan
65
20c
Jan
30c
Preferred
Jun
PaiatCa
Page
Partanen
,
"
2.75
2.75
53%
57
5,501
1.20
1.30
15c
Jan
75c
Jan
1.10
2.30
2.60
Jun
2.26 Mar
3.90
33c
17,200
22c
Jan
39c
46c
51c
30,931
34c
Jan
68c
88c
95c
38,000
88c
Jun
95c
5
7
Jan
7,500
10c
57c
50c
60c
23,900
47c
Feb
67c
67c
67c
500
50c
Mar
29
635
28% May
2.00
1.57
2.00
69,587
1.19
36c
33c
37c
41,746
8c
18c
Jan
29
2.00
Jan
41c
37c
42c
20,100
28c
Mar
64c
33,700
4c
Feb
16c
37c
Jan
65c
58c
61c
13,900
1.50
1.65
11,500
1.50 May
1.75
11,430
2.40
Pioneer
Gold
Mines
of B
Powell
River
Pow>-li
Rouyn
1
Gold
5,130
75c
1.00
40,000
75c
May
35c
34c
36c
10,825
25c
Mar
20%
20
21
1.40
1.40
1.49
1,500
98c
Jan
1.20
Co.
5.60
83c
1
.
Mines
5.55
1
1
Gold
1.20
1.30
2,100
81c
Jan
250
7
Apr
Voting trust certificates
Power
Corp
*
Gold
Pressed
Last
-
Dome
Mines
Puritv
Flour
Queen
14%
15'%
185
3.10
2.90
3.10
8,810
2.45
Jan
13%
486
11%
Apr
13%
Gold
Regecourt
Reno
Roche
Royal
£
Sand
Sena
River Gold
I..I
42%
43%
375
90c
95c
1,500
'{
nrdon
Mines
Prc'err:d
43c
1.00
Mar
43%
Jan
1.39
500
20c
Feb
59c
Jun
Jun
70c
\Jun
Jan
10c
May
59c
»
59c
65c
70c
3,000
65c
9c
65c
9%c
2,000
4%c
38%
__
38%
75
17c
17c
19c
8,600
5lc
45c
55c
28,500
17%
17
;*
18
19%
20%
2,235
Apr
Jan
&
Ontario
4
4%
4.212
2
Jan
24.160
200
10%
9%
10%
23,586
13%
13%
5
200
32c
74
73
-...100
Class
Biscoe
r-.Jd
81aden
Fnd
South
Press
Springer
15
Jan
May
19
Feb
2%
Jan
18% May
4.05
Jan
38% May
18
3%
Paving
Preferred
Standard
SteeJ
f*n
5%c Jan
18c
1.45
49%
495
14c
1.30
72c
13,914
14%
283
4V4
Mar
Apr
Feb
19%
Jun
Jan
17c
1.85
*
34
Tel
Bathurst Power &
Bell
Telephone
Preferred
oreer
*
1.06
Jan
Class
1.35 May
Mar
65c
Jan
82c
12 %
Jan
16% May
3
Feb
F«*-
footnotes
page
2588.
108
21c
Apr
340
55
Feb
13c
-
6,500
4%
Corp
Co
1.30
7%c
2.30
Jan
30c
Jun
Apr
110
Jun
19c
Apr
30
Jan
of
Mar
Jun
9%
Jan
14% Mar
17
17%
2,035
14%
Jan
19
I» 120%
104
104
973
94%
Jan
120%
40
100 Va
Jan
105 % May
xt
119
150
14
Feb
5 7o
Apr
Feb
10
10
240
9
May
10%
Apr
18%
19
400
15%
15%
14
15%
1,121
10%
101
100%
101
125
72
Feb
Feb
May
76c
85c
20,320
58c
Jan
53c
50c
56c
7,550
50c
Mar
7%c
8%c
8,000
15%
15%
2,530
1.40
1.35
1.50
9%
9%
,
5,500
900
1.25
7
3%
4%
5%
15
15%
825
7%
7%
535
73
90
72
5
15%
7%
73
73
v
1,635
3c
15
80
80
80
50
3.25
2.70
3.25
63,365
5
5
15
Jan
19
15%
Canadian
Jun
Canadian
90c
64c
May
Feb
9%c May
Corp
200
23.557
22%
Feb
27%
Jun
17
16%
17
735
15%
Jan
17
Feb
23
22 Va
"A".
*
•
common
Celanese
"I
conv
HHH*
pfd_II__I»
common
Cottons
May
15%
May
8
Jan
Apr
79
May
Mar
80
Jan
4% Mar
Jun
Canadian
Jun
3.38 Mar
6
May
Class
:
Foreign
Tnd
655
21
Jan
2,528
2
May
2%
Feb
160
11
Jan
12%
Jun
21%
21
21%
830
12%
12%
12%
2,880
121%
122
80
21%
21%
50
9
•8%
,•
;
»
_—IIII 25
Investment—IIIII_*
Alcohol
common
"B"
Cockshutt
•
TV,
31%
~~~
•
o*
jl_l I •
Smeltinglllllla
3,591
46
45
14".
50
18%
9%
21% May
Jan
Jun
12%
Jan
Jan
123
119% May
20
Feb
23 %
Jan
22
Jan
7 %
Jan
10%
11%
Jan
15%
40
Jan
46%
Jan
Feb
Jun
28.2RS
51%
8%
Jan
15%
Jun
795
44%
Jan
51%
Jun
Vuo
38% May
39-4
;
20%
200
20%
Jun
12%
14 %
7,690
10
Mar
14%
Jun
30
>"
^0-/2
20 %
/
—
1
31%
1,250
28
Apr
31%
,51
—
lbi>
165
52 £:
165
490
18%
40%
Feb
-
46
Jan
5
160
Jan
May
52
165
Jun
Jun
Jun
May
47
47
10
46
27
27
27
65
26%
Jan
27% Mar
•27
26%
27
75
26%
Jun
28
45
•
_
.III*
Pacific Railway
Plow
Consolidated Mining &
40'/2
1,060
15%
46
15
9
13%
—
—
__1100
common
Canadian Locomotive
Canadian
•
—100
Converters
7
Jun
2%
•
common
—
Canadian
67
17% Feb
167
Feb
12%
2i%
II_25
Feb
Canadian
161
23%
* -
common
Foundry
1.84
14
2.40
Bronze
Jan
Jun
1,415
2 Vb
IIII50
Canadian
5%
17%
12%
«
common
Jun
Feb
Jan
167
27 %
—_II__*
A
Canners Ltd
Preferred
14%
17
Power
15%
9% May
Apr
24%
I_II»
class
May
Apr
Jun
24%
166 %
*
7%
Jan
55 %
Mar
13
27
common
Breweries
Preferred
15%
Feb
20
lo7
Notes
preferred
Canadian
Apr
54%
17%
122
Canadian Car &
New
1,540
•
Preferred
May
5
24%
,•
—
101% May
220
55 %
24
Jan
Jun
_10U
Pwr
preferred
Canadian
14
55%
24
2%
Forgings
Canada
16
13
34
Hioh
r.mr
10
12%
Steamship
Feb
Jun
9
Range Since January 1
Hioh
9%
*
Canada
Power
Northern
11
7%c
Funds
T
preferred—50
Bank
Canada
30
-
Feb
28
Sales
*
Lt &
Jun
30
15%
40
Shares
Preferred
Canada
122
78c
100
see
1.20 May
for Week
•
Paper class A
Co
Canada Cement
222
•
Sterling Coal
9%c Apr
16,890
28%
Feb
Feb
Feb
25c
Range
*
common
Building Products 'A'
11
25
Mines
14%
.
Feb
Apr
3%c
1.10
Week's
B
12
19
•
,
Iron
21
24c
2.30
of Prices
Bruck Silk Mills
11
v*
—
1.58
Jan
25c
Sale Price
—
Brazilian Traction
11
—
Ltd
Electric
Canadian
11
•
common
6,465
CO
15% May
12% Feb
1.00
12c
Apr
90
4%
34
Feb
3c
2,100
70c
1.25
—
May
16%
35,900
14%
1.30
14%
Jan
Amalgamated
American
31c
«
—
Canada
Jun
500
»
Columbia
15.200
*
Radio
of
164
34,000
—
Ltd
British
90,866
•
common
Jun
61c
Aluminum Co of Canada preferred—100
British
13c
18
Aluminium
Feb
98c
•
;
164
■
common
Jan
10c
10c
Algoma Steel
4.90
86c
19
Works
21%
13c
•
Chemical
Jun
14%
Jun
22% Mar
35
87c
11c
Glove
Anglo
1
"Sturgeon
Standard
Stand'-M
130
5%c
Par
Acme
Asbestos Corp
28%
100
10 % May
Apr
1
.1
Jun
48c
.
STOCKS—
Apr
6,597
100
Petroleum
Southern
130
5 %c
Friday
28c
250
20
•
Mines
35
13%
Canadian
65c
965
4.80
•
Unlartic
Jan
Jun
710
28%
Jan
75
Montreal Stock Exchange
Jan
300
20
*
Mine*
40c
37%
400
*
.
—
preferred
Jan
Jun
14%
Temiskaming Mining
Thayers Ltd preferred
Jun
Jan
28c
2,300
__
May
10%
13%
Feb
164
_
225
Apr
8
73
1.44
2.15
Jun
Jan
11%
29
16%
-
__
Feb
Apr
4% May
115
130
164
*
Invest
Jun
11%
15
9% Mar
540
.
1.29
Oreille
Stop & Shop
10c
35
4.65
4%
"9"
4%%
74
37%
100
16%
.
-
New
32c
35
61c
36%c Jan
3%
30
£
Simpsons Ltd-class "A"
225
32c
35%
Paper
__
75
Jan
4%
Jun
4.15 May
Jan
*
—
45%
Jan
140%
Jan
11
130
...
_
2.25
10
16%
.
__
Mar
34
—
4.70
1
■
843
Apr
125
*
Oil
34
3%
__
—
Preferred
'
75
11
46
10%
—100
Feb
18c
__1
common.—
Apr
5.269
.
Apr
Jan
May
8%
14%
Steel
Selections
Pend
130
72
_
preferred
270
4.15
24%
14
*
Textile
35
High
Jan
21%
10%
.
_
505
133 140%
s»
common^
490
43
3.90
75
«
preferred
10%
125
■
•
Glass
1.15 Mar
7,831
———
Dairies
10
4.15
Lumber
class A
Low
23%
41%
.-1
_
Range Since January 1
High
23
10%
Jun
12,571
—
Scrip
Shares
Last
41
1.08
50c
—
Gold
for Week
23
Jan
9.10
1
common..:
Silver" <v""s
7%
1.02
___•
Mines
Ttd
6% May
1
Mining
Gold
Creek
Gold
Silkuiv
4,430
l
—
Gold
f*.
Sigma
7%
1
Mining
Sales
Range
100
_
—
Jan
6%
50
Ltd
Mines
Kuuyn, LtG
nn
Rhawk-v
Sheep
common—
„.
Gold
u»o
Shaw! •<
Apr
40c
10
common
Corp
—:
A
-
60c
Feb
8.50
•
industries
Class
Mar
15c
1.05
10
Tawrr-nce
SairV
36c
15,300
l
Mines
Rank
Pirssnii
3,500
27c
1
Gold
Royalite Oil
St
53c
26c
1
Merger
Feb
May
Feb
8.50
1
Long Lac
Rouvr.
16
50c
1
common
Week's
of Prices
IS
Aircraft
Southmount
Apr
1
Mines
(PL)
13% May
1.98
•
/Id
<
Robertxn
Jun
May
Canadian Funds
Low
*
Jun
2,350
Jan
27c
1
Mines
4.70
3.40 May
13 %
1.15
7
Mining
Oil
Jan
9
15%
common
Alacdonald
Reeve
i
9
■
43%
Gold
ton
Jan
3.30
Exchange-Curb Section
Osisko Lake
2.00 May
1.68
.
Bridge
Minnesota
1.65 May
.
52c
Quebec Gold Mining
Foothills
Hayes
Jun
21
Apr
8
Preferred
Quemcnt
16%
1.60
1
Mills
35% May
_
Oil
Dominion
Apr
May
1.68
___*
Vlica
Apr
.
-
_
Press
Dominion
6.75 Mar
1.00
46c
1
Mining Co
Propri-tary Mines
Prospectors Airways
Puru.
'
(SfiO
'
Jan
1
Metals
Pres
5.25
32%
_
.
Paper
deHavilland
Apr
1
——
Premier
4.35
Jan
—1
Reef
C
Peninsular
Pore-mine
$9,600
34
_
Western
Dominion
4.00 May
Porcupine
35
-l
Marconi
Dalhousie
Apr
60c
4.00
14
Sale Price
..
Mills
Vinegars
Canadian
May
1.63
—
Silk
Consolidated
Apr
11c 14%c
3.80
Feb
Pulp & Paper com__*
Consolidated
Jun
12c
3.90
9%
«
A
Canadian
May
37c '
1
80
35
common
Preferred
Bruck
Jun
Jan
Co
Canada
Jun
1
Mines
14
13%
140
Apr
67c
1
Mines
Gold
25c
—*
—
__
class
Columbia
Brown
Feb
67 %c
,
Paymaster Cons Mines Ltd
Gold
National
Ltd
British
May
Pcr'vm
Pickle-Crow
65c
Jan
——-—
Andian
Beath
Jun
1
Mines
May
3%c
Last
Apr
93c
1
Gold
48c
11,100
Friday
Apr
48c
•
Mines
25,500
STOCKS-
Mar
1
Malartic
5,275
54c
17c 18 %c
Apr
58c
Jan
1
Ltd
4.70
50c
17c
.
Apr
44c
•
Mines
4.50
53c
Toronto Stock
1.63 Mar
Jan
32c
2814
4.60
Apr
1
28%
Jun
•
Apr
2,300
*
Jun
*
Jun
•
;
68%
Abr
8%
Apr
1
—
1.65 May
—1
(new)—.
Jun
May
38,200
1.25
11c 12%c
Jan
18
819
6
-
<■
1.20
12%c
112
Apr
5
Par
1.25
100
Jun
16
Apr
11c
6%
100
200
Apr
63c
1,700
87
10
18
29c
11,162
19c
19,535
Jan
100
18
89c
19,200
78c
17c
45c
87
100
Feb
15c
70c
3.45
78%
20c
14%c
3.20
87
20c
17c
100
8,340
Jan
7c
78c
2.30
76,500
BONDS—
Uchi 6s
May
57
Feb
14V2c
2.30
Feb
27c
8%
Knitting common
3.00 Mar
Jan
1.00 Mar
500
41
8c
22c
7',4
100
Yankee Girl
Apr
64
May
50
29,400
15c
%
Feb
Feb
2.35
300
1.63
Jun
1.85
1.26
10,250
•
Cadillac
Paramaque
21%
17% Mar
39c
Refining
Porcupine
Pandora
Jan
1.77 Mar
•
8%
—
Ymir
Jan
26
36
_•
&
Hersey
mi.oiif
30
Feb
28
1
Oils
Oil
Pacific
Mav
Apr
22% May
Jan
22%
.
79%
Apr
Jan
24 %C
Combing
il—
Wright Hargreaves Mines
Yellorex Mines
£
Apr
Mar
1.20
1
——*
Wool
Mar
13
100%
—
——
76
19%
*19%
•
common
Wood Alexander & James preferred-100
Feb
12 Va May
"
Wiltsey-Coghlan Mines
Winnipeg Electric common
Jan
90
Ltd
4%% preferred
Jun
22
.
Products
Steel
Westerns
Apr
Feb
Mar
.
Malartic
Western
7.00 May
Jan
com
Preferred
Jun
34c
Jan
1.99
23,200
Pacific Petroleum
•
Apr
Jan
11,090
6%
Apr
6,527
18
88,400
—
May
4.75
20
17c
65c
•
1.05
5.10
20,712
4.60
62,000
58c
—
Jun
4.55 May
98c
4.75
23c
6.50
30c
90c
90c
"
Ltd
& Worts
Mines,
Jan,
16% Mar
32c
390
«
Mines
Jan
3.085
6%c Jan
O'Leary Malartic Mines
Ofnega G
'i Mines
i
Jan
12c
15%
2414
45c
12
37,000
19
57c
—
3,932
20c
1.05 Mav
51c
3.35
13%
16c
17c
Mai-
15% May
54c
*
13 %
13%
6
5% May
2.60
165
1.80
1
Mar
8,500
3,535
Mines
1.85
19
21%
;
4,050
1.10
20
1
2.25
46% Mar
19
1.68
Empire
Apr
1.07
21
__
Jun
3%
1.07
1.80
1.25
Apr
4
3,620
45..
—1
75
57
43
220
5%
West
145
1
170
5
5%
90c
Waite-Axnulet
Jun
May
25%
—
Mar
15%
28%
5
Apr
18
2.15
May
'
12%
30
16% May
1
Oils
67% Mar
20
23
Jan
660
4
*
130
76c
10
18
44 %
1
(
20
30
5%
*
Vermilata
61c
27%
-61c
30
25
Steel
36cv May
Feb
42c
50
"A"
class
"B"
Class
107,058
9%
17%
"
18
*
Upper Canada Mines Ltd—
7
—
Fuel
United
58c
*
—
7% May
39c.
2514
Mines
Feb
5,145
<
Jan
24
—
$1
—
9%
9
Feb
18c
.*
*
Jan
•
Canada
Northern
Feb
12%
2814
Corp Ltd
Feb
3.15
14
22%c
30,420
645
Ltd
19
Jan
6,100
0
1314
Mines
Feb
Jan
1.60
11
21
58c
Mining
17
Aor
69
6.20
6.30
•
Mines
Normetal
Mar
48c
810
1214
1
Northland
110
2,230
2,542
424
Oil
Nordon
5
53,900
12
Jan
Jan
75,900
25,700
Mines
18
1.93
12
Apr
100
24 %C
22
1
Malartic
18
1.70
12
130
1.55
65
Noianda Mines
13,700
Apr
36% May
Feb
75
28c
Bidlamaque
Norbenite
3
33c
Feb
111
Jan
3.05
1.41
•
-
105
29c
1.90
Feb
107
May
1.35 Mar
1
Massing Mines
105
31c
28%
88c
25,% May
21%
2314
Yellowknife
Nib
125
Jari
1.48
23c
;
145
Mar
21%
22%
6314
Mines
Negus
36
Jan
10
75%
_*
A
13
124% 124%
14.
51C
90C
*
.20
class
Sewer
3,000
Wasa Lake. Gold Mines..*..—.1
65
*
Preferred
National
870
1.95
5,60
Apr
25c
*
common
24
1.90
124%
1
.
York
Grocers
23%
3.40
17%
Jan
Mar
•
Power
10.450
62c
24
Jan
Apr
3.50
8c
..1
&
73c
G5c
1.90
2.45
15
45c
32c
common
60
25,030
Jan
34c
—
Light Heat
17
5.25
Jan
28c
100
Corp
*
2,900
3.30
4.95
16c
31c
—
Mosher Long Lac
3.20
16%
5.05
4%c
30c
Porcupine
3.25
Mining
Corp class A
United
Jun
12
Apr
1,151
32c
100
common
preferred
4.05
L_
Class B
May
25%
Jan
10c
5,000
*
Preferred
8%
105
18,100
1514
12
Jan
64%
1.70
common
Jan
—
Co
Gas
United
1.09 May
8% Mar
21%
8c
7Vic
•
Container
Apr
Jan
May
62
10c
64%
—1
Corp
Monarch Knitting
15 %c
8c
80c
80
1.57
•
Jun
2,820
6%c
Gas
20%
11%
"
&
Feb
Apr
9c
Jan
106 10614
1.66
*
Union
16%
17%
1,685.
714c
Mines
11% May
Jan
2c
4,312
1
Lake
Mercury Mills
Mid-Continental Oil
.
1
Mines
Feb
12
29,500
—
91c
*
Apr
10
50
3,990
605
4,000
10O
Lake
1.50
City Rapid Transit common
Union
11,500
11%
11%
1212
19%
10'4c
14%
20
Red
7,264
4.15 May
*
...
Twin
2.85 May
3.75
10
MeLellan Gold Mines
3.20
.100
Towagmac Exploration
Jun
80c
1
MinOB
2.85
Resources
J.
Mines
common
3.10
Iloo
—
89c
common
Oil
15c
common——
Trust
73c
1
-
Jan
#
Mar
354
1
Frontenac
4%C
IIIl
Gold
18,800
1
Preferred
National
———
Toburn
Jun
1
Gold
500
Thompson-Lund Mark Gold Mines,
Tip Top Tailors common
2.10
25
12c
—II1
Feb
Jan
1.23
Jun
12c
•
45c
Jun
May
Apr
May
May
May
12c
,»
Apr
1.50
Jan
Apr
1.59
80c
4,35
——
Preferred
M^ore
2.10
28%
10c
Jan
1.15
35c
37c
20,500
__
26%
—
Mttssey-warrls
Montreal
3c
12,000
20,995
11,600
67,725
402
17
Feb
-37c
•
(G) common
Teck-Hughes Gold Mines
26
Fields
——,
Gold
Moneta
1.47
41c
Feb
20c
30c
1
Tamblyn
1.42
Maralgo Mines
New
39c
High
15%
35c
Sylvanite Gold Mines
Apr
1.45
—*
'Preferred
Modern
7%c
1.35
40c
Apr
17
Jan
26V2
Manitoba & Eastern Mines
Mining
6c
1.47
22c
Jan
9c
18% Mar
Jan
15%
16
100
1
Mines———,
1
Gold
Lake
Gold
MrKenzie
6%c
28
'Maple Leaf Gardens preferred.:
Maple Leaf Milling Co common
McColl
18 %
19c
16'A
Low
17
—1
Sullivan
Cons
Range Since January 1
High
Low
l
Sudbury Contact
•
Red
Marcus
9.15 Mav
1.80
Miuet>, jjiu
MacLeod-CockshUtt Gold Mines—.
Madsen
24% Mar
Jan
1.92
V.,j.a,cas6a
Malartic
Jan
6.15
2814
Goldfields
Yellowknife
Lynx
17%
683
260
10,300
2,070
—*
Class "B"
LouvicouN;
;
1,059
8.35
———*
Long Lac Gold Mines Ltd
Little
24 %
16
of Prices
Shares
17
preferred
River Gold Mines-
Sturgeon
18
17c
—
17c
1
Ltd
Gold
Oil
Stuart
Apr
8.25
16%
.-1
1
Leitch Gold Mines,
Lexinden
24 %c
Apr
22 %
24
—
3
Canay
Laura Secord
13c
27,700
for Week
Par
High
Low
Sales
Range
Sale Price
STOCKS—
Range Since January 1
High
15%c173/4C
16%c
Mines—,———-—*
Lapa
Low
Week's
Last
Shares
Sale Price
Par
Lake Fortune Gold
Friday
for Week
of Prices
ENDING JUNE 8
Sales
Last
WEEK
FOR
RANGE
MARKETS
LISTED
CANADIAN
Monday, June 11, i945
FINANCIAL CHRONICLE
r
42
7
—
33%
45
341
33
Jan
47
47
Jun
Feb
Mar
7%
3,170
6%
Apr
7%
Jan
7
500
6%
Aor
7%
Jan
27
35
8.337
54,600
6%
18%
17%
18%
13%
13%
14
6 1Va
1,280
67
67%
856
15% Mar
11%
Feb
35
18%
12%
Apr
14
49
Jan
70
Jun
Jun
May
May
.Number 4393
Volume 161
THE COMMERCIAL & FINANCIAL
CHRONICLE
CANADIAN
RANGE
Friday
Week's
Last
STOCKS—
Sale Price
Par
Glass
Consumers
39 %
*
33
39%;!i&h
38
#38
MARKETS
ENDING
JUNE
8
Sales
for Week
Shares
Montreal Curb Market
Range Since January 1
Hiah
Low
*
Cork & Seal Co
Crown
Range
of Prices
■
LISTED
FOR WEEK
2587
Low
Canadian
High
1,695
33
Jan
39% May
25
38
Jun
42
Friday
Jan
•
Dominion Coal pfd
Dairies
Dominion
Foundries
Steel
&
common
Stores
100
Textile
Preferred
_I
173,4
*
16%
•
common
100
Dryden Paper
•
Electrolux
Corp
Enamel
&
Heating
English
Electric
1
150
1,580
36 %
Jun
Abitibi
13
Jun
6%
7%
May
11% May
390
27 Va
Jan
31%
-26%
200
25
Jan
27
110
124
Jan
141
Jun
140
10%
141
8'Wt-O17%
1,7%
16% 'S.fl7
75
76 Vo
162
•
Jf62
10%
11
25,801
200
1,590
860
5
3,925
9m®
15
7
16
16
23%
^7
23^4
23
7%
12%
Jan
72
Jan
Jan
*-
common
preferred
5 [r
100
Wares
Steel
General
Pfd
(Charles)
Gurd
Inc
1927
Hamilton Bridge
•
Snntn
Preferred
Hudson
Can
Acceptance
7%
8%
12%
22%
Jun
Jan
%
Jan
20 Va
9
Jan
of Canada
common
Apr
,102
Jan,
£ 54
100
54
Apr
6%
12
Feb
8%
Co
Jan
35
15%
8,430
13%
Jan
15% Mar
13% May
12%
2.741
12%
Jan
13 %
%;
;7%
395
7%
Feb
7%
24%
Jan
27%
105
10
101
Jan
105
115
30
Feb
30
Ltd
Sons
W)
Jan
Jan
1,850
21%
Jan
33
23%
3.675
21%
Jan
24% Mar
38%
1,225
A)
*
3
Massey-Harris
Molson's
24% Mar
28
16
ll
5,110
10% ..11%
Ti
Montreal
Lt
11 %
28
2,705
24
Cottons
preferred
2,765
100
&
Ht
Pr
140
220
•
Montreal JTramways
—:
Cons
22%
2,265
38%
21%
5,636
•
common
Steel
Wire
Car
—•
Corp.
Weaving
Ogilvie Flour Mills
*
*
common
8% Mar
9%
12
11%
132
26%
Apr
28%
Jan
37
May
41%
Feb
46
Jan
21.%
Jun
43%
Apr
17% Mar
20
Apr
Jan
57
911
24% Mar
17%
100
17%
28%
Jun
Car
Aircraft
*
100
7
*
200
28 Via
Jan
38
Lt Ht &
8%
Jan
11%
"
Ltd
155
28%
345
28%
Jun
29
Preferred
common—
57% Mar
60
100
——
Powell River Co
Corp
rower
of
5%
Transport
36%
101 %
.
Quebec
*
Power
Rolland
Paper
Class
A
105
Corp
•
common
50
preferred—
Flour Mills
Lawrence
St
7
Jan
35%
4,010
32
Feb
101
230
100
Mar
235
common
*
Lawrence
Paper preferred..—100
Shawimgan Water & Power.—
*
*
Sherwin
Williams
of
Canada
15 %
com
13%
--
3 %.
21
525
80
—
100
.
Lawrence
15 %
*
———*
common
Preferred
St
Jun
18 % Mar
9%
Apr
150
;
9
12
12%
535
105
106
25
3%
20
3%
5,880
1,000
Jan
105
Feb
2% May
18%
12%
106
3%
33%
Jan
38
Jan
68
f':/y'
•'
Sicks'
"
19%
18
19wk;
2,329
—
23
23s
109
16%
Feb
Mar
22
19%
Breweries
Simon
(H)
*
common
*
Simpsons
preferred
Class
,
—
18
19r.
125
111
,-3T3E3—
25
100% 10Q2SP
25
19
100
& Sons common
Preferred
0
100%
60
24
—
22%
16%
Apr
Jan
Mar
III
Advert
-
99 % Mar
19
10
10%
204
10
50
1,055
470
2.05
—
2.20
2.25
53
53%
6%
2
9
8%
9
510
115
115
80
5
4%
5
50
30e
40c
1,500
40
42
129
com.—*
__
42
3%
common
•
B
*
*
20
*
*
__
10 %
__
__
40
__
__
__
__*
10%
•
3%
3%
38
153'4
Southern
Canada
SteeJ- Co.
Canada
of
*
Power
common
..■
United
Viau
•
25
Preferred
Steel
13
73
-
15ȣ
73';;-^j3
80%
f,
8(n»
•. •,
4
100
Corp
Biscuit
15%
preferred
—
98
5%
9»?z
1,815
443
75
15
Jun
3%
.175
6%
Apr
6%
Jun
8
Jan
10%
Jun
1.15
1.90
465
60c
Jan
2.00 May
3
3%
331
38 Va
40
300
30
Jan
40
17
17
10
15
Feb
17% May.
39%
39%
Feb
11 Va
11%
110
10
10%
1,625
2Va
13
73
Apr
80%
n
3.235
5
Apr
6
Mar
10%
9% Mar
12%
9
10
6
Feb
10
3%
4,005
2
Mar
3%
3%
4%
200
3%
Jan
4%
2,340
3%
Jan
5,187
20c
20c
20c
42
43
13c
6
6
251
5%
25
5
1.25
2
24
390
Jun
Jun
4% Mar
6
Jjm
5%
35
,
Wabasso
8
8
30
27Va
30
1,455
22%
Jan
14%
12%
14%
3,480
12
Jan
20
19
20
70
18
Jan
20
Jun
17 Va
17 Va
50
16%
Jan
17%
Jun
*
Teleg and Tel
preferred ....
Ltd
10
common
__
10
5%
pfd
lOu
&
Ontario
Paper
•
18
Ltd
*
Aviation
Corp of Canada 6%
N
Part
C
Flour
—*
1st pfd._ 100
22
105
Feb
9
17%
18
Walker
(Hiram)
*
_
Feb
25%
107
G
& W
Preferred
Weston
Wilsils
-
*
common
Ltd—
Winnipeg
*
-
Electric
common
5%
Ltd
--
*
8/4
100
Preferred
Zellers
20
*
*
common
25
preferred
Mar
59%
9 %
55
Mar
9%
Jan
14Va
3,225
12 Va
Feb
14%
Jun
3
3
3
2%
Feb
...3%
Apr
13(
64 %
64
10% Feb
13
3
64 %
75
57%
Feb
14
Jan
14
Jan
7%
106%
10
7%
10
55
6Va
4%
7%
2,695
3%
106 106%
93
99
Jan
42
6%
42
21
35
800
46
46
13
Jan
7%
__
Jun
%
42
GVa May
36% Jan
78%
Apr
22%
Paving
49 Va
2,090
16
16
100
15
Apr
19
Feb
96
25
96
Mar
100
Mar
25
25
25
22
Mar
25
Jun
110
110
110
Jan
liO
25c
26c
20
3,657
107
25c
Canada Pwr 6% cum
pfd—100
....
4%
19
29%
4%
19
17%
17%
130
6%
6%
510
4
4
7%
8'%
—
—
B
.*
*
*
——
*
Ltd,—.
100
Ltd_
*
—
—
17%
...
—
—
30
22c
CO
Jan
May
Jun
30c
350
21
.2°
325
18
28/3
7/a
80
200
19%
Jan
8%-
15,561
6%
Jan
-
--
27,
04 %=
2J 2'^
27
-27-
„
21
8%
4% May
4
% May
8
17% May
28% Feb
11
Jun
70
30
Apr
Jan
17%
Feb
3%
Feb
6%
Jun
29
4
Jun
8
Feb
10
7%
Jun
17
11% Mar
*
—
13c
12c 13 %c
20,600
12c
Jun
19c
Jan
9c
8%c 10 %c
28^400
3c
Jan
23c
May
75c
Jan
8c
Jan
5ic
Apr
6c
Jan
27c
May
15%
Apr
1
31 %e
35c
37,800
1
—
Ltd..
Mines
1-45
31 %c
22c
20c
22c
10,450
17
17
500
-1
—
—
—
1
Mines Ltd
1
—
12%c
21c
1.45
1,000
17c
7c
3: c
May
6C
Jan
18c
May
Jan
5
May
--
52c
37c
60c
40c
5.80
1,13
1.20
6,00
1.40
6.00
1.50
36 %C
50c
46c
9%c
82c
14%
1.50
1
Cadillac
1
18c
19c
—
4.40
5.00
1
24%
23
24 %
1.90
6.20?
1.90
6.20
3.20
3.35
36c
40c
Mar
2 30
Apr
C 00
Jun
Feb
May
%c Apr
36c
200
500
2,450
33c
May
20
670
900
8.300
—
Jun
May
7 00
1.25
6,700
9c
80c
COc
"e
4'r
Apr
4.90
5,000
16,598
14,500
100
4,100
—
Consolidated Gold Mines Ltd—1
Jan
Jan
20c
57,000'
45c
8c
80c
14%
50c
100
7,800
*
c
10c
3,600
11,700
1
May
52c
11,633
10,000
5.50
-—
17% Mar
4C
53c
——
Labrador Mining & Explor Go
Lake Shore Mines Ltd
;—
Little Long Lac
580
75,
Jan
84%
Pandora
23 I
Jan
27%
Jun
140
26 %
Feb
27
Gold Mines Ltd
Cadallic
Gold
Cons
Canadienne
'
'
Gold
15 %
10
15%
Montreal
10
17%
Royal
Scotia
,
1°
10
...
17%
16%
1,230
14
16%
17%
1,525
16%
27%
Commerce
Nova
15 %•
27 W
14%
16%
17%
175
1,580
27
Mining
15%
Co
Ltd
Ltd
Mines
19c
20c
—
12c
10c
1
75 May
64 %c Apr
Jan
3VeC Jan
4 )c
May
13 %c
May
May
1
7%c Jan
11%
Jun
7c
Jan
—
68%c68/ac
1
79c
75c
83c
85c
80c
53c
88c
55c
8ullivan Cons Mines Ltd
1
3.10
2.95
3.20
1
—1
—1
*
3.00
3.00
5.20
26c
4.60
3.00
5.20
26c
4.65
Ltd
15%
Jun
18
Jan
Jan
Teck
Jan
17%
Jun
Wiltsey Coghlan Mlnes__
Sylvanite Gold Mines Ltd.,.^—
Hughes Gold Mines Ltd.—
Wright Hargreaves Mines Ltd
2.45
18c
1
"0
?% May
28c
—
--
4.65
62c
Jan
Jan
1.32
t
'O
Apr
Jun
24%c May
Jan
'0
Jun
3.00
Feb
( .70
May
2.25
Jan
? MO
29,400
11c
Feb
4'\
May
500
1,050
33c
Apr
(2'
Apr
13c
1
1944 Ltd
29%
Jan
19c
*
Mines
Mines
May
Apr
2.00
Gold
Gold
Stadacona
1°
2.00
Btandard
Slscoe
Jan
5.00
2.00
—
15% May
•
35
—
40c
5.00
1
Mines Ltd
Gold
Crest
—
1
Oreille Mines & Metals
Red
May
1
Ltd
—
3.25
36c
•
Pato
Pend
Shawkey
75
Mines
1
————1
Dredging Ltd
_1
Sherritt-Gordon
Banks—
Gold
—*
——*
Mines.
Paramaque
Jun
230
1
Corp of Canada Ltd
Gold Mines Ltd—-——
Mining
O'Brien
Jun
Ltd—1
Apr
4,000
11,300
5.75
—
-
80
184,810
1
Mines—;
1
29c
17c
17c
12c 13%c
1
....—-—«i
1
J.-M.
May
Apr
25
—1
Corp Ltd
Copper
Mines Ltd..
Howey Gold Mines Ltd—
20% May
293
21%
Jun
Jun
7%. Jun
96
__
*
Joliet-Quebec Mines Ltd
1
Kerr Addison Gold Mines Ltd—.—.—I
Feb
Jan
75
19%
Jun
Mines—
Heva
Apr
Jun
Mar
25
com.
Falconbridge Nickel Mines Ltd.—
Jan
Mar
21%
75
common
_
(George),
58 4
70
Jun
Jan
9%
__
Kirkland Gold Rand Ltd
165
58'/3
76
—
Feb
13%
7%
—
Eldona Gold
Mar
Feb
50
preferred..
Jun
16%
Mar
10
*
2nd
Mills
Hotel
1,615
30
14
*
Ltd—..
50
25%
8% Mar
9%
20
Corporation
18
25
106Va 106%
25 Va
& Storage common._*
preferred
6% May
....
Cotton
Jun
Mai-
*
•'
.
Jun
20c
Jan
8
Feb
43
Jan
33
Jun
29% May
Jan
33
*
4%
Mar
5%
Jun
4% Mar
Jan
34%
Jun
May
3%
Jan
30c
3,916
6
25
140
42Va
Formaque
May
100
3%
15
Jan
3
"
Centermaque
Jun
97% Mar
Apr
Jan
7%
8
*
Century Mining Corp Ltd
East Sullivan Mines.——.
Feb
74"
40
5
11%
12 %
Jun
Jun
a
Cartier-Malartic Gold Mines Ltd—t
Jun
Jan
3 %
3%
Limited
Central Cadillac Gold
Jun
Jan
,,
Jan
35%
355
500
Brazil Gold & Diamond M Corp
Jun
69
Jan
11%
A
Bouscadillac Gold Mines Ltd
Mar
10%
Jun
1,825
29,189
2,085
Bralorne
100% May
15%
3%
._
6%
1.25
Aumague Gold Mines Ltd
Beaufor Gold Mines Ltd
■■■■&& Z
5
5%
5,05.0
Jan
..
10 %
29%
Ltd
Jan
Jan
49%
6%
...
Southam
Mar
5%
45c
May
May
9%
29
Comuanles.
119
Feb
*
Ltd
Can
11% Feb
Feb
20c
Jun
5
Limited
of
Jan
„
2.23 May
55
Jan
Jan
4%
Jun
7%
Mar
6%
Jan
Jun
87a
65
May
115
Jan
4% May
70c
Apr
50
Jan
12%
Apr
1.85
Apr
22%
Jan
4Va
46
70,925
115
—
11% May
Jun
7
1.20
Arno
May
111
Apr
1,25
Aldermac
Jan
24
172
65
»
Limitcc
United Securities
Jun
25
May
29%
Windsor
4 i
''
165
*
Class
'
leKw
24
8%
United Distillers of Canada Ltd
Jan
64%
170
*
Ltd A—
United Corporation class A..
Jun
58%
63
Mar
100
United Amusement Corp
Feb
125
37
168
*
Standard
Feb
615
—
63
Jan
54
Southmount Invest Co Ltd
Jan
22
159
878
Ltd
Aircraft
Southern
Jan
Jan
49
5%
Sangamo Co Ltd
Jun
11%
161
6%
Paper Corp Ltd
Preferred
Jan
11
161
64%
Quebec Pulp & Paper pr
Feb
16
May
—1
Reliance Grain Co Ltd
Jun
Jan
20
4%
6%
37% Mar
10%
325
*
Power
Jun
15% Feb
20
•
Purity
Jan
12
111
Jan
100
Frere,
Noorduyn
Jan
103
15
Apr
Jan
Mount Royal Hotel Co Ltd
1
1
Apr
20%
Feb
108
2
Realty Corp
2nd
;4 !'
Regent Knitting Mills common—
St
146
11%
*
preferred
Provincial
2,985
1,465
100
Price Bros & Co Ltd
"-: *
15
146
*
Jan
11
1
40c
Paper Co Ltd
Moore
May
20%
Canada
__
4%
11
50
5.015
5
Minnesota
May
250
*
Penmans
General
Jan
May
108
2,500
•
Jun
26
107
108
4%
Westinghouse Co Ltd
Montreal Refrig
Jan
10
Jail
70e
preferred.100
Mclchers Distillers Ltd preferred
10
Jim
Ottawa
22% Mar
100
_*
common
Jun
75
168
..
*
common
Jun
4.15 May
20
—
McColl-Frontenac Oil 6%
May
Electric Railways
Page-Hersey Tubes new
Ltd
45Va
136%
Jan
70c
.
Massey-Harris Co
Jun
28%
45
4%
2
7%
23 Va Mar
50
Ottawa
Power common.—100
Vickers
31% May
Jan
70e
*
com
preferred
Aircraft
Jun
Jan
2.30
25
14.
25%
100
Paper Inv
Maritime
Apr
Ottawa
*
common
1.00
11%
14%
__
161
100
Company
<fe
Preferred A
Feb
22
110
11%
Feb
Jan
Mar
36% Jan
715
Jun
9%
MacLaren Power & Paper Co
*
Maple Leaf Milling Co Ltd common..*
Feb
24%
25
__100
_
Lake St John Power & Paper,
Lambert
(Alfred) Inc
Jun
140
Jan
24%
106% 106%
Jun
4%
Feb
135
380
International Paints (Can) Ltd A
*
Investment Foundation Ltd common..*
Feb
28
Jan
23% May
22 % May
15% May
5% Jan
Products
Steel
Ontario
»
Preferred
May
100
57
*
"B"
preferred..
Fraser
Jun
100
*
Noranua Mines Lta
7
.
20% Mar
30
Ltd
....
Power
Neon
75
*
100
Foreign Power See Corp Ltd
17% May
Feb
Jun
20
25
Preferred
preferred
Ford Motor Co
Jun
830
100
—
Breweries
7
7,670
11%
Jan
15%
5
Industries
71%
Jan
25
5
—
25
100
3
4,610
106%
common
2% Mar
355
4.05
Fleet
18% Mar
30
Ltd
42
4.00
Federal Grain class A
May
1,760
11%
Brewery
Montreal
35
Jan
1,215
16%
Co
40
136% 136%
•
Vinegars Ltd
Pairchlld
Jun
28
•
(Robert)
113
18%
16%
Starch
&
42
4.00
preferred.100
Drummond
Jun
17%
*
Oil
26%
38%
26%
*
McColl-Frontenac
27% May
108% Jan
28
16%
Sugar
Power 7%
Donnacona
May
18%
*
common
2
North
Dominion
Engineering Works Ltd
Dominion Malting Co Ltd—
Dominion Oilcloth & Linoleum
Dominion Square Corp
39% May
1,138
32%
31
100
&
Dominion Woollens
31
•
1
Preferred
David
30
100
Dominion
32% Mar
22%
Milling common._*
Secord Candy
(C
29%
26
;*
common
Cub Aircraft Corp
Jan
32
31
(John
455
18%
May
23%
Utilities
Woods
16
31 Va
: 113
•
Ltd
Commercial Alcohols Ltd
Feb
590
4
Pulp & Pap Co Ltd corn..*
Co
Consolidated
Jun
30
112
23%
536
Ltd
Preferred
Apr
27%
35%
2,030
30%
Claude
Jan
30
100
the
<
Apr
105
•
25%
30
Co
Packers
Preferred
*
common
25%
Columbia
7% preferred
Chateau-Gai Wines Ltd
Mar
Mar
15
Ltd
8%
Cassidy's Ltd
Jun
30%
38%
13
*
.5
Canadian
Jun
1,325
32:|
1,898
8%
Oil
Canadian Western Lumber
Feb
32
4%
Canadian
Feb
112
37%
4
8%
5%
Apr
6%
Apr
38
169
7%
5% May
8% Jan
110
32%
Jan
Canadian
105% May
7
IB %
144
Canadian Marconi
Feb
16%
10
Canadian Light <te Power Co
Jan
24
16 %
169
Canadian
Mar
17%
Jan
•
common
Power
International
Niagara
Feb
15%
21
*
Preferred
National
97
II
140
169
Canada
12% May
1.740
25
International
National
Jan
1,410
7
27%
10%
;;13
12%
10(>
7%
23%
110 //.111
32%
33%
14%
Jun
preferred
Canada Wire & Cable 6%%
pfd
Canadian Dredge & Dock Co Ltd
24% May
27%
common
Petroleum
Mitchell
12%
5,825
60
Canada
Jan
100
1
Bronze
Paper
Lindsay
15%
3
3,300
Mar
Canada
16% May
9 % May
Jan
5%
100
International
&
33
Corp common—"
Internationa)
Laura
U-'-^2
13
£1
Preferred
Lang
8
25
25
23
common
—
International
of
11%
•
of
It-referred
Lake
50
6
•
Intercolonial Coal common
Int Nickel
1,525
105
54.^—54
100
Mining
Preferred
Industrial
common
1
Imperial Oil Ltd
Imperial Tobacco
75
16%
5
Paper
—
Bav
100
16
•
Hollinger Gold Mines
Howard
100
*
»
290
105
50
common
Lime & Alabastme
uypoum,
16%
100
—
Goodyear Tire
100
•
common
Preferred
12%
12%
Jun
44
Preferred
"■■ri
Power
4
^4^707
Canada
12%
■
Gattneau
21,523
Brown
.
11
High
4
60
British
Jun
Low
3%
54%
common
Bathurst Power & Paper Co Ltd B
Brewers & Distillers of Vancouver
Jun
Range Since January 1
High
60
British Col
17
Low
3%
Jun
76 Va
8% May
6
Paper
100
Jun
163 Va
Feb
Shares
preferred
10
Jan
for Week
•
17%
Mqr
161%
5
335
Jun
Power &
British American
14
Sales
Range
of Prices
Par
Mar
*
*
61
Feb
540
175
Foundation Co of Canada
Jan
29
31%
16%
B
42%
31
•
Products
class
11% vf ; /l3
9%
*
—
|; 59
■•3^%
26%
25
Ltd
Dominion Tar & Chemical com
Dominion
1234
31 %
_«
Dominion Steel & Coal B
Dominion
35
35
preferred
Glass
351/2
_25
Dominion
Dominion
58
•
Dominion Bridge
59
Week's
gale Price
STOCKS—
Distillers Seagrams com
Funds
Last
4.75
1
Feb
f.40
2'8(?.(|
600
Apr
1 "e
Mav
6
Jun
Mar
c
60c
Jan
60c
Mar
1.05
Apr
43c
Apr
1 00
May
3.80
Apr
1.50
Jan
3.00
^5
150
Jun
2 H-
5%c Jan
6B%c
Jan
2 00
1.60 May
6c
Jan
600
4,100
21,689
30,300
15,575
Apr
,
Jun
3.60
Jan
10c
Feb
3.95
Jan
9Cc
•
3 00
f
May
Jun
50 Mav
40c
Apr
4.J5 May
Olli—
.
Bonds—
Montreal
Power
Notes
49%
49%
49%
$17,000
49% Jan
49% Feb
*
Home Oil Co Ltd
Homestead
Oil
&
Gas
Ltd
1
--
14c
,8;50
12%c 14%c
3.10
c7,'nnn
50,000
4 %c
Jun
Jan
4 25 Mar
In'
May
Monday, June n>
^
CHRONICLE
COMMERCIAL & FINANCIAL
THE
2588
OVER-THE-COUNTER MARKETS
Quotations
June 8
for Friday
Far
Aeronautical Securities-
__1
.1%
5.15
._10
AAmerex Holding Corp
American Business Shares— —1
% American Foreign Investing .10c
y
4.69
Series
15.32
Scries
12.25
16.98
18.26
Series
20.68
34.74
1
18.82
20.63
1
3.65
4.25
*
1
Fund
6.55
Howard—
—]
*
Fund Inc_r—*
Industrial Fund, Inc.
First Mutual Trust Fund
8
Fundamental Invest Ino
-2
Fidelity
y
General Capital Corp—
•
,V
general Investors Trust
24.55
2.13
8.76
#06
Gen
income
4'/2s A
8.78
Gen
income
4B___
priced stock common-
4.36
4.91
8.83
9.76
ist 4s
6.18
Fund
England
1
—
6.85
Denver
12.32
7.88
'l
-
Building supply
Chemical
Electrical equipment-.—.—..
13.07
6.44
8.22
9.04
1007a
.2019
Louis
&
San
76
1993
99
101
9,75
10.71
10.85
1st
Francisco—
V 1
Insurance
10.73
11.92
.
B14 ?
Par
11.18
12.29
8.48
9.33
9.86
American
8.22
American
Home
4872
Homestead
20
Casual
Aetna
&
7972
827a
Insur Co of North America
—10
2172
237a
Jersey Insurance of N Y
27%
Surety
30
Maryland
•
Life
8.41
9.24
7.72
8.49
9.06
6.19
Series 1955——1
3.30
American
Fidelity & Casualty.8
127s
13 7a
,217a
13 %
7.40
Series 1956
....1
3.18
American
of Newark
18%
4.87
59
61%
;
Railroad
—..——.t...
Railroad equipment
Steel
:
7.47
;
Amer Trust shares-
North
—
Putnam
7.36
American
Republic Invest Fund
5.73
Scudder, Stevens & Clark
4.95
5.45
6.50
Fund, Inc
Selected Amer Shares.....
(Geo)
30.59
£'•
1.00
19 V\
2174
National
63
65
1.13
10
3874
4174
National
Liberty
•
2lb
103.57
105.67
National
Union
12.35
13.47
27a
77a
6.81
Baltimore American
7.46
Bankers & Shippers
54
26.29
Camden
24.38
City
Boston
.
Co
29.62
22.79
;;
15.80
24.91
23%
North
22
24
60%
Northern
58%
8
48%
.
Employees
Group.
,tJ
,
m
..10
Boston
5'%
45%
46%
Fire Assn of Phlla
Firemen's
Franklin
of
32%
Pacific
Gibraltar
City Banks & Trust Cos.
1617a
169
69%
Reinsurance
73%
98 74
102%
8
13%
the Manhattan Co.—10
of
54%
Republic
Revere
24
5872
100
Bank of New York
10
Bankers Trust
y
100
Trust
Brooklyn
468
48 %
„x00
200
Guaranty Trust
—100
346
Irving Trust
_„10
Grace
480
50'%
125
120
190
Trust
National
;
119%
15
43%
58 %
60 %
Manufactures
20
50 %
53 %
Morgan
Trust—10
23%
25%
(J P) & Co Inc
National City Bank
Exchange Bank & Trust_20
50
56%
59 %
New
Chase
Bank
National
..Chemical Bank & Trust
Lawyers Trust
Conv
Commercial National Bank &
Co
Trust
Bank
Continental
Corn
&
National
A'".A
St
i
35
"A
■,
42
Trust
Co
com._20
Pow
5%
6%
.10
29%
31 %
.10
25
27
Paul Fire
& Marine
-1272
757a'
...10
49
...10
34
25
116
10
36
39
100
577
591
Surety
Haven.
78%
52%
Vi
36 '
•
121%
30%
347a
2874
30%
112 74
11674
Travelers
U S
Fidelity & Guaranty Co__2
43%
4172
54
4
517t
10
79%
82%
2.50
32%
35%
3%S—_._19G5
102 >4
103
Light 37aS„1974
105
106%
105%
U 8 Guarantee
Westchester
Fire.
63 %
64 %
20
50
—100
314
-12%
45
preferred
51%
320
%
47 %
-25
110%
113%
43%
,45%
12
13%
14'A
Title
York
Trust
_
Guarantee &
_
_
—100
United States Trust
1,850
_
Trust-
Bid
1.570
1,510
&
Lt
3 7aS—1974
Birmingham Electric 3s
Cent
Vermont
Pub
1974
Ask
Bid
1057a
106%
Laclede
10372
10474
Miss
101%
Narragansett Elec 3s
1974
New York Chicago & St Louis—
Serv
1975
3%s
quoted
are
Conn
Treasury Bills
fo-r discount
101%
Erie
purchase
at
June
July 5.
26,
1945
b0.375
0.28%
August
1945.
b0.375
0.32 7*
1945-
b0.375
0.32 7*
August
b0.375
0.32 7*
August
b0.375
August 9, 1945
21,
28.
June
July
1945—
14,
June
Bid
Ask
1945
July
12,
1945—.
b0.375
0 33 7*
July
19,
1945—.
b0.375
0.33%
2,
1945-
16,
b0.375
August 30, 1945
September 30, 1945
101
New York Pwr & Lt 2%s—1975
10174
108%
Northern
100%
108%
Ohio
101V4
101%
Pacific Gas & Elec 3s_—
2000
100%
100%
100
1007a
3%s
1974
b0.375
0.35%
0.357*
Kansas
0.35%
b0.375
'
107%
..1953
Power
Oklahoma
&
Gulf
10874
Power
2%s_1975
3%s
Co
101%
100
1979
106%
106%
—1974
Potomac Edison 3s
Reading
101%
"100%
1975
105%
10674
3%s
1975
100
100%
112
104%
106%107%
Diego Gas & E? 3%s__1970
110
Seagram (Jos E) 3V4s__—.1965
103%
SouthACarolina Pow 3s._—1975 .A 101 %
10472
Sou'western
109 72
110%
105
Texas
0.357*
198O
Penn
Edison
San
..
Ry—
3%$
107%
101
10074
108
Florida Power & Light 372S.1974
4 Vas
1979
Houston Lt & Pow 2%s
1974
b0.375
—.1980
100
b0.375
1945
3%s
.1990
3 Vis
2s
0.357*
Lt
&
1985
RR,
Florida
0.34 7*
b0.375
j.
1945'——-^—;—
23,
Ask
0.337*
Gas
Power
1974
Lighf & Power 3s
Empire District Elec. 3 72S..1969
3 VaS
Bid
bills-
Treasury
10074
10174
101%
3%s_1974
103%
104%
Light 2%s_1975
99%
100%
Pub. Serv
Power
&
1975
10072
100%
.......1995
105%
106
Virginia Elec Power 2%s
Virginian
i,r-
IS
,_2
(NY)___
Fire
91
32%
10
2%s
Rates
is,"
Corp
(Texas)
(Paul)
.1174
10
Arkansas
37%
45
/AA'A
United States
'
\;T
107a
8
Fire
13%
34%
Standard Accident
52
Chicago & Eastern Illinois Ry—
.rt'-r'
1
48%
29
American
Hartford
95
12%
.10
...
61
91
—5
....
59%
.10
U S Fire
1.820
108
101
.10
Springf'ield Fire & Marine-
21
87
com.
Hanover
18%
i D
:
25
Security New
354
17 %
Public Nat'l Bank & Trust- -17%
100
100 1,790
Bank
A//;//A
96
33
Empire Trust
Fiduciary Trust
-First
Great
'
5
Rutgers Fire Ins.
preferred
6%
92%
88%T
45%
10
ii -pentr al Hanover Bank & Trust 20
.
25
116%
5
&
2nd
210
1,770
Kings County Trust
10
Globe & Republic
Globe
Ask
Bid
-100
Fulton
30%
28%
•- •'
5%
49>/4
14%
22 74
8
Corp
Glens Falls Fire
Far
Ask
24%
—
—
Preferred Accident
62
10
Marine
16 %
22%
Fire..
5
&
15 74
52
Newark..-
Fire
46%
Indemnity Co
Phoenix
49 7a
Fire
General Reinsurance
Bid
—
37%
Seaboard
y.
32
5
12.50
30%
10
•
Fireman's Fd of San Fran
3472
10
10
River
33%
20
Fidelity & Deposit of Md
4%
10
Corp—
7%
2972
188
_*_5
Providence-Washington
Co
6%
28
51%
10
....
64
178
;
Pacific
10
-r_
33
61
2
;
Northeastern
10
5%
3072
.2.50
22
Casualty
Federal
1
&
—2
Casualty
Fire—
10
Crum & Forster Inc
Corporations
A First
York
12%
81'A
—20
Fire
New Hampshire Fire
670
•'
-
Investment Banking
ABlalr
8%
(Detroit)—10
New Brunswick
83%
80%
645
8
of New York
Continental
20.80
19.07
Fire
Employers Reinsurance
32.20
15.44
1
100
—
Connecticut General Life.
9.33
8.53
19.10
A—
Wellington Fund
15.68
7%
10
Amsterdam
New
10.66
•
9.25
.
25
99
25.49
A
57
89
New
8
1.25
14.31
Insurance Group
56%
4
National Fire
Automobile
series
53%
4 74
Casualty
10
25
103%
8
Ins
Surety
1.11
shares
Fire
Reserve
25o
& Pwr Shares
Lt
Monarch
American
Preferred Stock Fund
El
U S
15.72
Stock and Bond Group
Bank
16
101
397a
Mfrs Fire N Y
&
American
Stock Fund B—
Union Common
Union
14.35
C
Series
2.95
Merch
4.30
1.80
'.1
New York
30
127a
Assur
17.20
1
Fund
Bond
Union
Merchant Fire
3.92
—
Investment
;
48
28 V4
36%
1172
76%
1
Bonding
16.00
State Street Investment Corp
Foundation Fund Ino
10
20
Massacnusetts
1
Trusteed Industry Shares
2.64
27a
Re-Insurance
22.30
57c
■'
28.45-
12
0
Equitable
10
;_20
Casualty
1
Fund
Sovereign Investors
'
1.65
Automobile
American
5.81
47C
Alliance
American Casualty
5.91
Investors Fund G——-——1;
10
Fire
Ask
45
B
19%
5.28
shares—
sharesof America—10
737a
Bid
Hartford Steamboller Inspect-10
56%
50 7*
Agricultural
8.97
8472
54 Va
Aetna
9.24
6.69
Securities Ltd—
Group shares
Par
82
10
Aetna
8.37
11.26
5.20
j
33%
'
Companies
A*k
6.78
1
717a
10
11.64
8.41
shares
'
55%
31%
10.08
15.57
4.42
'■ /
60
22
53 %
;——1——
Preferred
85
83
5.62
Holding Corp
'29
20
.
Seaboard Ry common
10174
9974
75-year 4Vis
7.61
—
73
58
Preferred
50-year 4s
Income
10.59
Machinery
com
St Louis & San Francisco corn-
*
Metals
Grande
Rio
&
Preferred
78
-.100.
preferred
5%
95
93
•
Common
106%
104%
2018
—
33%
71
Chicago Rock Island & Pacific—
Denver
4Vis
66
31%
—
26%
64
27
Preferred
89
24%
1.—-
Common
86
10.73
shares—:—————-
Group
98 Vi
84
54
87
13.81
;
9.76
stock
Insurance
4Vis
52
57* preferred
Chicago Milw St Paul & Pacific
10672
9.84
9.17
-
Speculative
10474
12.22
8.95
stock
St
14.35
11.12
-
—
8.67
13.06
Automobile
-
13.53
83%
Youngstown—
&
Canton
Common
Grande-
Rio
1st 3-4s income
Inc—
•
2019
1994
income
&
Income
Stocks
York
—2019
;
Conv
11.21
101'A
—
.
Chicago Rock Island & Pacific¬
15.06
series
77
8.24
vI'y.....:
Bank
8.13
7.98
Stock
Akron
97
75
1994
—
7.30
New
95
Chicago Milw St Paul & Pacific
series
stock
Stocks
1983
priced bond series
Ask
99%
81V2
-—
103
2003
Preferred stock scries——.
;
101
—
1st 4s
6.85
shares
Aviation
1988
4 Vis
Income
101
Louisville—
Low
Industrial
Institutional
-
VM.
6.20'
6.23
—
—IOo
Incorporated investors
8
Independence Trust Shares
•
•'
8.20
14.10
—
51.0V-
S
7.45
...
series
99
...:
4yas
5.60
se&les
12.57
shares—
.——
common
2nd
Bid
1st 4s_
Seaboard Ry
—1988
A
if issued)
and
as
Ask
Youngstown—
Chic Indianapolis &
Security Series—
Diversified Investment Fund—
shares
Income
&
4V2S series B
1.64
10.19
Diversified
Equipment shares—
Railroad stock shares
-jj,
1.52
9.43
11.90
Price Shares
A Huron
•
_25o
1
Canton
series
4s
4.48
9.84
RR
8i>
Akron
9.23
A
8.95
bond shares
Utility
(When,
Bid
Bonds—
Securities—
5.85
Administered
Tobacco
15.43
"
7.97
7.25
-
8teei
14.12
Aviation
Mining shares
Petroleum shares———
t
.10
Inc
Agriculture—
6.19
6.12
'
CS
14.04
1st 4s
40.08
—
Railroad Bond
Fund
voting shares
National
New
Merchandise shares
"
28.03
13.06
31.48
28.73
8.40
Equipment
Reorganization Rails
11.02
26.07
1
Fund
series B shares
(Colo)
7.60
shares
sharesInstitutional bond shares
f
Nation-Wide
2.34
6.81
Industrial Machinery
'
Invest
Mutual
26.43
Food shares——
::;4
2d
10.03
1
Trust
Investors
Low
—
Chemical shares
Low
Investors
Bank
shares
Building shares
Investing
100
Common
Mass
16.80
Avlattpn
Fully
48.20
Manhattan Bond Fund Inc—
26.67
15.71
Group Securities—
General
112.40
47.24
Fund
Mass
1.63
24.94
-1
Electrical
7.91
110.15
Fund--fO
Bond
Financial
Automobile
7.15
Sayles Mutual Fund—*
Income
shares
7.53
Bel1 Teletype NY 1-953
DIgby 4-4950
Tel:
7.40
1.49
250
Fund
Agricultural
New York 5, N. Y.
40 Exchange Place,
16.68
14.89
6.78
.
National Investors Corp
IJ;:''Dividend Shares
&
8-4_„„.
,,
(Md)
250
Stock
15.15
Knickerbocker
21.49
19.80
Diversified Trustee Shares—
Eaton
Series
Loomis
V-';':V Balanced Fund
Members
30.18
13.51
«
Loomis Sayles Second
i y. iCanadian Inv
Fund Ltd—
32.50
34.94
j/jyCentury Shares Trust
;:i
10.86
11.75
Vfj,Chemical Fund
—
100 2,675
2,865
j ^-Christiana Securities com100
184
149
.)X,
preferred —.
__1
5.84
6.35
^Commonwealth Invest—....
—1
52%
54%
> <*
Consol Investment TruEt—
Delaware
»:-
S-2
S-3—
'
Stock Exchange
New York Curb Exchange
29.75
27.50
y.''
A
37.56
U
I 0
—
27.02
Series
.
22.24
8
Co Inc_
Fund Ltd
,»X'.Bullock
^"
—
■
Members New York
21.75
20.74
K-2.
Series
109.74
::h
Inc
Fund
Street Invest
Broad
5
K-l—
■;*Series, S-l
7
6%>:
105.35
America—
of
Tr
Inv
Boston
y
13.47
4.28
V
A Common
rV:';V-'A*' 'a'Z V''
24.32
14.12
Nat Investing—
Bankers
I
32.29
"
Bond
I
29.45
Series
-__1
Axe-Houghton Fund Inc
.
28.27
B-l
Series
22.18
I *K •'
j
Series
5.64
33%
317/8
Shaskan & Co.
Keystone CustfMan Funds-
9.53
8.69
Affiliated Fund Inc
Ask
Bid
Par
Ask
Bid
Quotations on Real Estate Bonds
For
Investing Companies
Ry' 3s
■
r.'.'v
Obligations Of Governmental Agencies
Quotations For U. S. Treasury Notes
Figures after decimal point represent one
or
more
Bid
Federal Land
32ds of a point
3s
>r,
Int. Rate
IWatorlty—
tDec.
15,
%%
1945_-
IMar 15.
15.
1946-
1
1946—
JDec
:
%
Bid
99.31
100.3
Ask
Dollar Price 100 Pins
Maturity—
of Indebtedness—
Certificates
100
t%s Aug. 1,
1945
.0363
.0661
1946
1946.1
1946—.—i
.0408
.0538
.0391
.0535
.0436'
.0597
1946
.0482
.0659
t7s
1946
.0418
.0627
1 y%%
100.23
100.24
100.11
100 12
1,
J7eS Sept.
1V*%
t%s Oct.
1945
tSeot.
15.
1947_
1%%
100.29
100.30
tSept.
15,
1947.
\V*%
100.12
100.13
JO.90s
tSept.
15.
1948-
lVa%
101.2
Jan.
t%s Feb.
,101.3
.085s
100 5
July
101 37/64 101 41/64
102 35/64
Loan
16,
b0.90
1945.
Other
102 39-64
Ask
Bank—
0.75'/
Issuet
.0540
.0550
100.3
.0499
.0446
Bid
Federal Home
1955-1945...
8s
.0430
.0408
Ask
Bonds—
2s *J/n' L!^6;!946
May 1, 1956-1946
Ask
.0440
1, 1945
*7/bS Dec. 1, 1945
,.tMar 15 1947
Bid
.0384
t7aS May 1,
100.4
July
Bank
1,
17as March
17a
s
April
1,
1946
1,
1,
2%s Feb.
1, 1955-1953
U
103%
S Conversion
U S
Conversion
3?
3s
Panama Canal 3s
a
Odd
lot
sales,
b Yield
price
r
rob„h
Casting Co. with the W. B. Jarvis Cn
to Stock Exchange,
r Canadian market
y Ex-right3.
z Ex-due bills.
'
o
IOIV2
101%
1947
103%
104 %
1961
133
134
(v.
ni,
c
1948
j e mer°er. effective
I.
Jan. 1, 1945, of Doehler 1
e Ex-interest,
f Flat price,
k Remo'
6—not included in range for year, x Ex-divide:
delivery,
•
July
1,
,
*No par
turnishpd
bv
value!
sponsor
tin default.
or
issuer.
tThecp
w,,**
.
bonds are subject to
all Federal taxes.
A Quotations 1
1945
Number 4393
161
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
2589
Week Ended June 2
the course of bank clearings
Bank clearings this week will show
an
increase compared with
a
cities
23.3% above those for the corresponding week last
year.
stands at $11,138,248,196, against $9,034,885,818 for the
same
be
At
gain for the week ended Friday of 34.7%.
center there is a
mary
Our comparative
Lancaster
646,974
601.853
+ 10.3
1.303,666
1,465,497
+ 29.0
771,803
New
1.434,928
541,000,000
773,747
25.2
1,506,115
<2,205,652
+ 14.4
526,000,000
600,000,000
2,209,674
+
1,685,724
+
1.4
1,401,082
2,980,816
2,343,509
+ 27.2
2,052,269
1.565,004
1,358,148
+ 15,2
1,256,830
1,459,770
3,605,073
1,597,930
+ 12.6
1,460.933
>1.978,458
3,612,300
4,830,000
—25.2
6,702,600
4,314,500
637,103,795
556,471,920
+14.5
543,102,272
__
'
_____
Jersey—Trenton
2,587.554
—H*
cities)
(10
617,596,705
'
by Telegrapli
'
Fourth Federal
1945
—
.
1944
$5,253,260,696
Ohio—Canton
+ 34.7
+
9.2
Philadelphia
588,000,000
463,000,000
+
Boston
306,667,865
266,054,499
+
15.3
149,237,842
+
3,128,895
3,453,552
2,646,995
+ 34.4
47.8
87,938,144
88,269,139
+ 16.2
161,597,646
169,623,699
13.0
11.702,500
13,092.400
85,778.261
199,826,319
172,008,575
15,395,300
13,620,200
+
2,184,810
2,128,387
+
2.7
1,831,534
'2,045.905
3,689,028
2,618,455
+
40.9
2,992,002
232,359,005
235,260,696
1.2
198,157,042
'2,679,622
204,686,658
584,420,636
*
____
Columbus...;
514,543,469
+ 13.6
466,865,863
483,842,975
.
Mansfield
—
Youngstown
Pennsylvania—Pittsburgh
20.4
+
9.8
St. Louis
168,800,000
153,800,000
+
San Francisco
220,673,000
215,137.000
+
2.6
Pittsburgh
216,707,032
205,190,089
+
176,402,892
142,609,940
+ 23.7
140,715,348
121,518,022
+
—
5.6
i
Baltimore-
Total
(7 Cities)
Fifth
Federal
Reserve District—Richmond—
15.8
1
West
$7,648,556,537
—
1,432,744,175
$9,281,873,497
$7,412,628,235
+
South
1,622,257,583
ends Saturday
We cannot furnish them today, in
and the Saturday figures
are
as
much
as
4.6
59,403,139
58,102.965
2,276,909
2,084,175
+
9.3
2,198,661
.1.688,483
136,734,235
+
23.4
126.193,194
122.781,354
45,998,563
33,993,757
+
35.3
33,195,112
41,268,519
291,033,108
-
has to be estimated.
cases
elaborate detailed statement, however, which we present further below,
For that week there was an increase of 23.2%, the aggregate of clear¬
(6 cities)-
Sixth
appear
the week
244,081,850
+ 19.2
227,986,408
231,272.229
Federal
6.637,943
5,331.181
31,832,220
85,400,000
District—Atlanta—
Reserve
Tennessee—Knoxville-
9,700,195
+ 15.5
31.931,054
38,134,435
—16.3
30.526.094
125,100.000
7.9
101,100.000
;
135,000.000
2,318,363
1,862,536
2,110,732
Florida—Jacksonville
49,612,286
52,452,584
4,941,724
4,223,509
199,020
157,066
+ 26.7
76,065,191
59,638,733
365,612,338
11,229.580
Nashville—
Georgia—Atlanta
AugustaMacon—
Alabama—Birmingham
able to give the final and complete results for the week previous—the week
ended June 2.
6,262,000
+
*
not available at time of going to press.
Accordingly, in the above the last day of the week in all
In the
1,184,302
5,812.000
+ 23.3
Complete and exact details for the week covered by the foregoing will
of next week.
1,168,908
5.0
+ 12,0
168,704,494
......
Columbia—Washington-
Total
in our issue
63,814,702
—
+ 14.4
$9,034,885,818
of
6,258,000
66,763,450
Carolina—Charleston—
District
1,201,981
5,944,000
Maryland—Baltimore
+ 25.2
1,856,374,699
1,345,652
Richmond
14.0
$11,138,248,196
—
Virginia—Huntington
Virginia—Norfolk
+ 27.9
$5,979,884,060
1,633,316,960
-
.'
Mobile——
1
Mississippi—Vicksburg
Louisiana—New Orleans
-
2.240,553
+
,1.882,83*
2,011,850
3.5
+
—11.8
1,750,156
♦1.500,000
34.885,342
+
42.2
35,689.078
27,842,890
48,692,809
+
7.7
32.267.095
31,463,991
+ 17.0
4.601,329
198,056
3,976,031
188,670
27.5
70,928,657
62,384,433
324,883,434
+ 12.5
285,710,258
251.802,267
145,733
+ 122.9
508.567
i 656,098
+ 53.6
4,874,511
4,366,987
7.5
2,890,358
29.710,000
+
„
ings for the whole country
having amounted to $9,812,294,244, against $7,966,121,440
Outside of this city there
in 1944.
in the same week
clearings at this center having recorded an increase
was a
We group the cities
and from this
city) the totals show an
of 28.7%, in the Boston Reserve District of 20.8% and in the Philadelphia
expansion
Seventh
Reserve District by 19.2% and in the Atlanta Reserve
of 17.0%,
the St. Louis Reserve District of 19.1% and the Minneapolis Reserve District of 20.7%.
In the Kansas City Reserve District the increase is 10.2%, in the Dallas Reserve
District 39.1%, and in the San Francisco Reserve District 15.3%.
District by
The Chicago Reserve District records an improvement
12.5%.
Federal
Reserve
Grand Rapids
Lansing
324,820
6,258,272
3,383,991
3,676,764
26,357,000
3,135,375
—.
Wayne
Indianapolis
South
SUMMARY
Iowa—Cedar
Week Ended June
1st Boston
3d
Philadelphia
4th
Cleveland
+ 57.7
+
7.5
1,852,502
+
1.4
3,388,284
5,897,585
27,069.487
1,830,785
13.048.236
11,915,891
+
9.5
10,663,147
14,815,846
6,236,802
596,928
481,454,456
6,029,566
+
3.4
6,944,248
6,262,005
Illinois—Bloomington
Chicago
+
Decatur-
9th
"
5.641,314,565
4,383,827,103
+ 28.7
4,582,678,403
4,293,874,792
"
637,103,795
556,471,920
+ 14.5
543,102,272
017,596,705
"
584,420,636
514,543,469
+
13.6
466,865,863
483.842,975
"
291,033,108
244,081,850
+
19.2
227,986,408
1,729,481
—.
Minneapolis
10th Kansas
251,802,267
"
365,612,338
324,883,434
+ 12.5
285,710,258
"
597,733,973
510,832,973
+ 17.0
467,343,983
288,884,140
242,491,296
19.1
238,140,917
20.7
149,525,634
158,768,222
"
179,880,882
149,019,383
"
261,422,883
237,285,793
+
"
127,410,552
91,618,196
"
450,886,256
390,986,418
-r-14,5
4,418,546
5.614,366
+ 23.2
2,367,175
2,340,540
1,707,406
+
6.6
1,687,055
2,199,106
510,832,973
+17.0
467,343,983
540,304,519
+ 12.3
10.2
225,166,103
96,185,174
15.3
380,871,282
374,678,073
+
7,966,121,440
+ 23.2
7,989,924,051
7,871,442.201
3,734,930,722
+ 17.2
3,544,092,193
&
966,846
Massachusetts—Boston
.
i-
520,509
Ln
1,152.784
Bedford
Springfield
4.160.774
—
New
—-
Haven
Island—Providence
cities)
(12
York—Albany
1,181,406
Jamestown
1,119,103
York
5,436,643.737
—
13,187.079
-
6,179,589
Syracuse
6.820.918
Connecticut—Stamford
442,098
Jersey—Montclair.^
Newark
Total
(12
Jersey
cities)
1
32.149,757
__
New
242,491,296
+ 19.1
238.140,917
238,596,719
...
"■
1,023,000
+
I';:
-s
4.354.449
3,120.171
+ 39.6
4,039.661
4.356,426
125,366,870
102,162,651
+ 22.7
101,323,108
105,685,639
41,845,156
2,645,875
1,168,240
35,642,717
+ 17.4
36,938,334
39,582,529
2.5
2,596,360
3,156,482
5.0
1,041.024
1,229,468
1,019,256
+
20.6
837.508
1,023,631
3.272,824
3.263,970
+
0.3
2,749,579
3,706,239
179,880,882
—
Paul
North
¥
District—Minneapolis—*
Reserve
149.019,383
+20.7
149.525,634
158,768,222
-
Dakota—Fargo.
Dakota—Aberdeen
Montana—Billings
——
——...
———.
2.582,803
1.227,815
+
—
Helena
1,252,256
(7 cities)
U
city for the
Federal Reserve District—Kansas
Tenth
1943
$
34,831,757
5,641,314,565
195.043
3.263,505
—17.3
823.801
1,086,952
3,370,049
+ 29.9
356.849
♦200,000
+
7.9
3,565.262
3,934,897
64,437,619
60,990,316
+
5.7
60,517,343
51,352,832
2.834,782
2,158,740
+ 31.3
2.273,823
6,543.587
5,442.572
+ 20.2
5.688,928
2,625,910
4.933,196
177,458,274
158.431,118
+ 12.0
146,441,583
144,742,700
4.942,122
Omaha
5,289.808
6.6
590,459
—31.4
4.653,523
761,629
3,978,196
463,947
772.860
774.277
0.2
728,818
1,164,819
989,503
261.422,883
237,285,793
+10.2
225,166,103
214,099,074
.
21.5
278,089,627
+
19.6
784,490
+ 36.0
431,224
450,715
982,300
+
17.3
1.106,262
.
Joseph
—
1,037,479
4,561,756
City
-
1,004.179
382,787
St.
314,869,471
814,733
—
Missouri—Kansas
4,379,993
+
167,121
+ 21.0
245,949
3.201,517
-—
Lincoln
$
178.345
161,217
319,451
:—»—
Hastings
1942
City-
3,455.198
Nebraska—Fremont-
276,099.600
Colorado—Colorado
3.809,334
+
9.2
4,362,453
2,384.674
+
19.4
2.401,147
13,854,884
—
(.10 cities).
Total
7.541,944
—
2,758,421
8.4
Springs
Pueblo
15,019,066
+
Elmira
Northern
+ 16.8
+
61,049.000
Buffalo
New
',o
827,427
5,795.847
4G.236,986
1,473,135
Binghamton
New
St.
+
18.9
6,076,472
2,716,199
32.2
14,515.600
17,862,700
535,790
+ 19.9
531,145
635,478
320,074,225
+ 20.8
326,347,754
371,207,744
-
Worth
8.569.370
1.311,648
1.196.461
1.463,991
59,386,000
+
0.3
45.700.000
55,500.000
1,055,711
+
11.9
966,507
10,589.455
9.297,188
+
26.8
+
Total
Federal Reserve
+
22.5
823,169
4,231,190,718
28.5
4,445,831,858
9.909.063
+
33.1
9.697.599
li.303.916
5.414,939
+
14.1
5,010,912
6,729,135
5,915.293
+
15.3
8,036,390
7,548,871
San
436.813
+
1.2
474.462
10.3
22.177,161
27,067,684
31.414,686
+ 10.9
34.194,514
4,582,678,403
95,398,882
66,567.976
+ 18.4
67.550,303
69,382,853
78,835,729
1,896.096
1.721.297
+
10.2
1.527.542
62.203.900
56.733.115
+
9.6
59,950.526
60,203 674
M
24.278,355
21,234,421
+ 14.3
22,391,570
21,996,515
MM*'
1,505,177
5,756.280
8.204,489
—42.3
3.884,737
+ 68.7
3.690,161
223,321,000
+ 16.6
206,065,748
205,243,632
3,463.220
3.243,499
/"•
5.555,109
11,035,500
6.9
:
3,572,711
4.372,861
+
1,524.844
—
7.6
1,404.820
1,392,959
5.099,064
(10 cities)
3,421,678
+ 49.0
3,791.892
2,251,783
—
374.678,073
450.826,256
390,936,418
+ 15.3
380.871,282
0.812.294,244
7.966.121,440
+ 23.2
7,989.924,051
7,871,4 42,201
4,375,650.507
35,167,151
4.293.874,792
96,185,174
1.408.593
Stocktfln
Total
+39.1
4,674.873 '<■
Barbara
615,768
+
Jose..
Santa
91.618,196
6.552,537
Francisco
San
4,322,337
260,382.000
Pasadena—r..
-
29,140,483
City..-.
California—Long Beach-
4.138.862,564
1,147,649
4,502,525
:
Oregon—Portland
825,903
+
1.041,891
+ 39.6
District—San Francisco—
•
Lake
18.7
3,493.440
127,410,552
Washingtori'—Seattle
Utah—Salt
♦1,200,000
4,878,533
cities).
(6
2,386.000
2,167.000
2,310.200
1,423.820
Yakima..
913,318
28.7
74.183,000
19.5
Louisiana—Shreveport.
1,289,863
+
2,062,708
75.579.508
+
2.929,000
7.499.946
12.3
4.383,827,103
2,304.795
+ 114.2
10.882,021
Falls-
Twelfth
497.5
+
+ 63.2
72,068,276
Galveston
Wichita
+
7,738.431
1.664.259
102,463,000
013,000.000
Dallas
Fort
—
Federal Reserve District—Dallas—
Eleventh
Texas—Austin
District—New York—
.
Rochester
1,285,000
288,884,140
Kansas—Topeka
12,808,000
386,591,116
——
—
Second Federal Reserve
New
Dec.
12,370,228
642,490
Hampshire—Manchester
Total
$
Inc. or
6,892,327
16.931,500
Connecticut—Hartford
New
1944
2.848,055
13,415.111
Worcester
Rhode
1,273,000
—
-
Wichita
2.700,411
335,385,604
974,705
Portland
New
cities)
Minneapolis.
District—Boston-
River
30.111,719
2.8
—
i
for four years.
Maine—Bangor
Lowell
♦50.000,000
Minnesota—Duluth
Total
Clearings at—
Fall
55,721,892
32.046,025
3,732,579,637
1945
Reserve
157,200,000
+ 32.1
+ 34.2
.
$
South
Week Ended June 2
First Federal
149,100.000
47,470.547
32,797,749
—
Federal
Ninth
95,398.882
add our detailed statement showing the figures for each
now
Total (4
161,200.000
62,712,946
44,019,570
1,051,624
«—
Illinois—Quincy
214.099,074
+ 39.1
9.812,294,244
cities
Outside New York City-
We
181,100,000
Louis
Kentucky—Louisville
Tennessee—Memphis
&
4,375,650,507
,_111
week ended June 2
422,580,191
1,804,672
2,189.426
>
*+•
+
6
_
Francisco——
Total
"
10
llth Dallas
618,043
1,328,079
597,733.973
i.
(17 cities)-
Missouri—St.
238,596,719
7
._
481,570
967,988,256
8.7
1,819.432
5,547,831
2,696,614
—
540,304,519
+
10
._
—
City———
32.0
+ 18.3
+
231,272,229
4
-
1,893,352
6,485,586
1,871,235
Eighth Federal Reserve District—St. Louis—
371,207,744
10
._
_——-
Louis
22th San
326,347,754
17
6th Atlanta
452,259
406,912,707
7,187,197,
31,453,709
$
+ 20.8
6
-
7th Chicago
8th St.
$
7
—
3,340,587
—13.1
5,970,354
1942
1943
%
10
+—
5th Richmond
or
Dec.
2,592,981
22,487.000
3,608,600
—_
-
Springfield
320,074,225
cities
12
York
New
Inc.
$
+14.0
—
1,878,238
Rockford
386,591.116
12
—
—
1944
$
+ 21.8
23.113,000
OF BANK CLEARINGS
1945
2—
Districts
Reserve
3,019,265
2,512,895
2,896,793
3,658,061
28,075,387
Rapids.—
Sioux City
by Federal Reserve Districts:
4,074,818
9,415,669
Moines
Des
Total
Federal
i.
30,174,064
Bend—.
Terre Haute
Wisconsin—Milwaukee
Peoria.
following we furnish a summary
In the
,
District—Chicago—
-
Indiana—Fort
In the Cleveland Reserve District the totals are larger
District of 14.5%.
by 13.6%, in the Richmond
(10 cities)
Michigan—Ann Arbor
that in the New York District (including this
it appears
Reserve
Total
gain of 17.2%, the bank
of 28.5%.
according to the Federal Reserve Districts in which they are located
2d
?}
'A; ■■■-){
126,760,107
Cleveland
27.0
,||
"
4,206,067
Cincinnati
364.034,477
City
Reserve District—Cleveland-
r'c
$3,899,301,591
Chicago
II
U
;
Week Ending June 9—
are
+ 66.9
711,861
1,708,678
Scranton
Total
Clearings—Returns
we
445,664
1,796,203
Wilkes-Barre
for the week follows:
Kansas
1942
$
1.063,856
619.000,000
Philadelphia
Reading
this
sum¬
1943
or
743,658
—
-
Chester-
York—
,
Inc.
Dec. '"a
918',063
Bethlehem
Our preliminary total
week in 1944.
$
1,174 000
Pennsylvania—Altoona
country, indicate that for the week ended Saturday, June 9, clearings for all
of the United States from which it is possible to obtain weekly clearings will
of the
1944
$
Third Federal Reserve District—Philadelphia—
Pre¬
year ago.
liminary figures compiled by us, based upon telegraphic advices from the chief cities
w
1945
"
-
3,734,930.722
+
17.2
3,544.092,193
3,732,579.637
i
Grand
Total
(111
'Estimated
cities)
/
Monday, June 11, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
2590
Company and Issue—
Foreign Exchange Rates
EXCHANGE
FOREIGN
Federal Reserve Bank is now cerrate for cable transfers in the different countries oi tne
of Section 522 of the Tariff Act of 1930, the
Pursuant to the requirements
tifying daily to the Secretary of the Treasury the buying
world.
We give below a record for the week just passed:
RATES
BY
CERTIFIED
JUNE
1,
Noon
Buying Rate for Cable Transfers In
June 1
:
Brazil, cruzeuo—
.060602*
.060602*
.060602*
.060602*
.060602*
.051802*
.051802*
.051802*
.051802*
.051802*
.051802*
Canada, dollar—
.909090
.909090
.909090
.909090
5.907500 1
.908125
.908125
.908125
.569800*
2439
Aug
1
2440
Sep
l
Firsfeantge. 3%% series E bonds due 1969Aug
Fir^ihtge. 2%%; series G bonds due 1974—____Ayg
1
2440
1
2440
Chicagjfe Burlington & Quincy RR.,
bonds, due 1974
Chicag$i:& Western Indiana RR.,
ser,i$?, due 1962
Power
Connecticut
due
Co.,
&
1st
£1967
Consolidated Cigar Corp., $4.75 preferred stock-—
.205820
Consolidated Electric & Gas Co.,. coll. trust 6s,
.905625
.905625
.905625
.905625
3.244203
3.244203
3.244203
3.244203
3.980000
3.980000
3.980000
3.980000
.905000
3.244203 w
3.980000
—
.909090
.909090
.909090
.909090
.909090
Cuneo&Press,
3.980000
.
.658300*
.658300*
.658300*
.658300*
.658300*
.542650*
.542650*
.542650*
,542650*
preferred
Daytori Power & Light Co.,
1st mtge. 3s, due
by
Barnes
posits, $107,000,000 in deposits credited
banks, and $162,000,000 in borrowings.
Philadelphia,
Lofland,
&
on
$ per share
STOCKS
»
Bros.,
common
& Toll,
Bank,
Rockland
Mills
Booit
($100
($20 par)
($50 par.)
61
58
90
par)
1%
Co., common
preferred ($50 par).
Springfield Streeet Ry.
32
$ per Share
Boston
Home National Bunk, Brockton
7
Boston on Wednesday,
STOCKS
National
2
2%
10
4
Brookline Chronicle Publishing Co.,
5
State Street
13
$1 lot
1945:
Shares
V
$2 lot
($100 par)
Exchange
due+1950
—
Dominican
Metropolitan Storage Warehouse Co.
8
Laming Mining Co., common
1,000
100
•
5
22
13
$59,000,000, and other.loans for the same pur¬
increased
increased $19,000,000.
Holdings of Treasury bills declined $89,000,000 in the
Chicago District and $23,000,000 at all reporting member
banks, and increased $33,000,000 in the St. Louis Dis¬
trict.
Holdings of Treasury certificates of indebtedness
declined $79,000,000 in New York City, $25,000,000 in the
Boston District, and $111,000,000 at all reporting member
banks.
Holdings of United States Government bonds
increased in
and the total increase
districts
most
was
adjusted declined $99,000,000 in New
$46,000,000 in the St. Louis District, and
$138,000,000 at all reporting member banks, and in¬
creased $36,000,000 in the New* York District outside of
New York City.
United States Government deposits in¬
Demand deposits
York
Reserve Banks Combined
City,
creased in most districts.
Deposits credited to domestic banks increased $58,000 in the St. Louis District, $32,000,000 in New York
000
(In
hand and
due from U. S. Treasury
«
Redemption fund—F. R. notes—
Other oash
6,
17,412,465
(+) or Decrease
(—) Since
June 7,
Discounts and advances
1945
—
697,481
+
247,330
—
4,104
Industrial loans
1944
4;
338,095
+
2,387
12,137
—
761
—
—V 2,374
+. 26,590
—
+
198
—
Assets—
Loans and
7,026
—
2,147,771
1,657,950
+
467,915
—
334,854
——
brokers
to
and
-
1,112,642
—
2,500
dealers
for
2333
20,896,287
—126,713
+
21,812,515
—100,321
+ 6,952,538
110
banks
89,208
Uncollected items
1,752,583
Bank premises
34,144
Other assets
59,390
2
—
+
+
—
7,132
25,322
—
17,690
+
30
—
26
+
201,434
050
—
2,615
—
7,089
Total assets
42,105,226
72,888
+6,215,195
22,859,622
+
14,735
Member bank—reserve acct..
U. 8. Treasurer—gen. acct._
Foreign
15,452,113
352,297
1,188.401
Other
357,438
Total deposits
+
29,321
Deferred availability items
Other liabs., incl. accrd. divs—.
—.
Total liabilities
1,358,311
41,579,954
—
1,796,775
23,595
+
Other capital accounts
168,335
+
+
190
F. R. note liabilities combined
to make indus¬
101,619
+
42,105,226
—„
45.7%
+
interbank
+
6,215,195
_
4.514
+
.1%
—
194
+'
10.7%
45
Condition Statement of Member Banks
The condition statement of
weekly reporting member
of the Federal Reserve
System in 101 leading
cities
shows the
following
banks
principal changes for the
May 30: An increase of $202,000,000 in re-
6C/Hicniances with Federal Reserve
of
Banks,
a
$138,000,000 in dsir^nd deposits adjusted,
creases of
$158,000,000
decrease
and in¬
in United States Government de¬
mtge.
5s,
Line
4!/aS, due 1955_
Co.,
lien«,3%
1st
mtge.
29
-July
and
bonds, series C, due 1962i
July 1
Mfg. Co.. Ltd., 1st mortgage 4%s, due 1956
Sep
1
Dairies, Inc., 1st mtge. 6s, due 1949.
—July 1
Pennsylvania, Ohio & Detroit RR., 1st & ref. mtge. 3%s,
ser. ;D;
due 1968July 1
Phelps+Dodge Corp.,
debentures, due 1952
Juri 15
Philadelphia Co., 4Vi% collat. trust bonds due 1961
v-July l
Pratt Consolidated Coal Co., 1st mtge. 5s, due 1955
July 1
Pressed Steel Car Co., Inc., 5% debentures due 1951.
July 1
PublicljService Co. of New Hampshire—
; .*
1st mortgage 3 Vis, series A, due 1973
Jun 15
Sao Piulo Electric Co., Ltd., 1st mtge. 5s, due 1962.
July
1
Schentcy Distillers Corp., 5Va% preferred stock
Jun 30
—
—
—
Schulcq. Co., Inc., guaranteed 6%' bonds due 1958
Jun 30
Shell Uhion Oil Corp., 2Va%
debentures, due 1954——July 1
Slomah-Polk .Co., 1st mtge. 3s
July 1
SoconyUyacuum Oil Co., Inc.. 2% % debentures idue 1955-July 1
South:.Carolina
&
Water
Gov't
Gas
Co.,
Co.,
1st
—
ser.
ref.
and
V—
—
—
2490
2490
Date
4
7%
preferred stock
preference stock
1
1
^Jun 15
July
1876
Ijuly
1
1876
+
7
+
—
23
70
—111
+
due
1,777
+
9
+
272
+
67
+
Coal
5
+
74
56
+
61
—138
+ 4.170
16
+ 1,718
+
Cities
Consolidation
•
1,358
+
,
4%
Light,
Power
&
bonds,
563
+ 107
+
+
15
+
136
+ 162
+
609
1,157
1
1876
1
1540
Jun
Traction
21
2329
Jun
Co.,
30
2217
1st
juiy
Co.,
$2.50
preferred
Co., 10-year 2 Vi % debentures,
Davega^tores Corp., preferred stock
Denver Tramway
Corp.—
stock
due
1950—
July
Generai &
refunding mtge. bonds, series A, due 1950-July
DiGiorgio Fruit Corp., 7% preferred stock
;
—July
Dumbarton Bridge
Co., 1st mtge. 6Vas, dated 1925—July
Eastern Oregon Light & Power
Co., ref. and first collat.
intge. 6% bonds, series B_
i
July
Erie RR.
1st consoi.
Erie RR.,
secured
mtge. 4%
serial
9
1
1540
1
2330
1
984
2331
July 14
2218
notes;, due 1953
^ater> Gas & Electric Co., $3 preferred stock__Jun
rn?inhf,^°oer
Godchaux Sugars,Hght Co" lst mortgage 5s, due 1978—July
25
1
Graham-Paige Motors Corp.,
preferred
1%
stock____.
preferred
July
stock
Jun
!
Texas, 4V4% debentures, due 1954
Hussman-Ligonier Co., 5%% preferred stock
International Salt Co.,
3V4% debentures due 1951
interstate Deoentufe
Corp., debentures due 1955
July
-Jun
1
1
1
_Julv
1
due
i978—Jul'y
mno0a ^ NavigatKin Co., consoi. mtge. 4V2s,
Lo^Afi
Mhill l !
£
C. July
1
50-year gold bonds—July
lst ref. mtge. 4% bonds, due
10 Co'
1950
1
gen- mtSe- 6% bonds,
'
7-year 3%'r.
Date
....
stock
...Jun
ser.
2110
2001
ser.
2110
2110
1319
A___Jun 25
15
Jun
29
New°YorkStChlS'2V4% &~2%~%"7eiiafn~oTeiIJun
30
Chicapn^^cf' RR.. 1st mtge. 4s, due 1950_Oct
1978
_RRV ^ mtgC' 4^S>
Pa^sknlki
r &rLiglH Corp:. 7% "and $6~ pfd""sTocks" Jun
1
Page
30
1762
debentures due 19*40
*
"
o.CTicag0 & st- Louis
1st mortgage 5s, due 1949_.Jun
1st mtge. 3V'8S, due 1971
Jun
Co.^ 20-year s. f. bonds, due 1957
Inc., secured 4%% bends,
Corp. of Seattle. 6%
4
2448
2335
TENDER
Properties,
Paramount Bldg.
1999
2447
1
<*-1*
mtge'
a,1<1 mii,2 \
University" 7yr~~preferred" stock—II—July 1
t'ehfprh6
Rrn
1
30
July
July
^ Gulf Ry- lst mtge." s"s~
2219
1
mortgage B'/as
July
ern Ry-» ref- & Improv. mtge. 5s,
®
tqra
1950
bonds, due
—;
2444
30
Inc., $7
Islahd & Pacafic Ry.—
1963
2107
1
1
bonds, series B, due 1995_July
3% %
1653
bonds,
4%
divisional
Crane
+
+
+ 158
5s
185
24
+
divisional
-July
274
3
+
—
Pacific
1962
4-
2,179
lien
Valley
——
1969
due
+ 202
—
—
Sioux City &
Consolidated
5,142
342
Plaines
du^ 1969
1st mtge.
—1,104
list of corporate
Company and Issue—
Mercantile
4
1
1
Des
mtge.
A, due W57-JUU
Gulf Power Co.,
Manati Sugar
1989
July
July
notes, due 1954
:
mtge. 4s, series A, due 1989—*—.
bonds, notes,
and common stocks called for redemption!
those galled under sinking fund provisions!
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
Rock
Page
collat.
&
1st
preferred
including
Choctaw & Memphis RR.,
*
1
—July
& Co., Ltd.,
Notices
Chicago,
2489
1
preference stock
;_July
Ltd., 1st mtge. 5s, series A, due 1934——July
Chicago & North Western Ry.—
rtni
Corp., common
4
2489
ENTIRE ISSUES CALLED
due
General
4
2488
2339
25
July
L
{£on £are .J'°x,Jp°" lst
American
2338
2339
impr.
and Issue—
Altoon$+& Logan Valley Electric Ry., 1st lien
1st & gen.
except
OF
4
2452
1
July
Jun
1956
24
accounts,
NOTICES
2452
A,
—
debentures clue
Terminal RR. Association of St. Louis
mtg(p.3%s. series B, clue 1974-
62
—
11,766
a
22
July
+
3
17
9,303
during week
Below will be found
2038
3%s
mtge.
—
SuperM, Oil Co., 3%%
4,
1st lien collat. tr. bds.,
15-yi#v collateral 4%
+
+
797
S.
2451
2337
1992
1,032
accounts
&
Jun
Gas
54
5,545
*
U.
Electric
due51973—;—
Southeastern
+
40,378
—.
deposit
2004
1
1st
200
+
1st
Jun
mtge.
Penn
2
—
26,176
72,888
Pipe
+
8,423
and
Eastern
1st
2327
10,963
+
—
Commitments
trial loans
Panhandle
Co.,
1951_July
1
—
deposits
demand
1955
1
!
''
deposits-adjusted
to
due
+*+++
321
600
Domestic banks
Debits
1957
due
A,
+
"
—
series
19
40.056
1,780
-v —
+
Oregofj^Washington Water Service
Paducfth & Illinois RR.,
+
3,063
Foreign banks
1st mtge. 4s,
Bright%(T, G.)
0,137,800
+
27,165
:
Total liabilities & cap. accts._
Ratio of total res. to deposit &
2112
1
2
Lqndon Northern RR.,
BurdimesV Inc.,
Interbank deposits:
1,020
228,153
1
July
New
Old Dominion Power Co., 1st mtge. 5s, ser. A, due
270
Capital Accounts—
Capital paid in
Burplus i Section 7)
Burplus (Section 13b)
July
Moirs,;3Ltd., 1st mortgage bonds, due 1953
+
10,418
Balances with domestic banks
129,610
+
74,858
2002
Luzern(^County Gas & Electric Corp., 1st mtge. 3Vis,
8
Obligations guaranteed by U. S. Government
60.538
+
81
—
23.276
Reserve with Federal Reserve Banks
327,228
—
598
—■
1
989
+
10,663
Other securities—
90,195
65,400
11,772
2222
883
1,396
Borrowings..
17,350,249
1
RR., unified mtge. 4s, due 1960__July
N.-Southern 4% joint
bond# (Monon collateral), due 1952July
1,555
7,366
2,094,346
—
—102,238
Louisville & Nashville
.
+
117
-
+
73,204
+
25
1,049
U.S. bonds
Time deposits—
U. S, Government
4
2221
—
600
Treasury notes
+
80,721
—
—
1,195
Demand
2110
2448
Burns & Co.,
—
+4,210,395
1
59
,
Liabilities—
Deposits:
—July
-Aug 1
I960——July 1
Lafayette Hotel Co., 1st mortgage 5s, due 1947—
Jun 15
Lehigh+Coal & Navigation Co., 4% fund. & improve.
mortgage bonds
July 1
840
Treasury certificates of indebtedness
Liabilities-
bonds, series A
+
Cash in vault—
Federal Reserve notes
general mortgage 7V'2%
trust; 4s, due 1954
Aineric'an Bemberg Corp.,
Other securities
Other loans
2333
Co.—
Kans$#City Gas Co., 1st.mtge. 5s, due 1946
Kansa^'Fower & Light Co., 1st mtge. 3Vis due
364
U. S. Government
6,286,990
and
Brass Mfg.
2218
1,505
Treasury bills
F. R. notes of other banks
James Morrison
Company
5,765
,
Loans to banks
(incl. guar, sec.)—
+
carrying:
obligations
Real estate loans
ended
1
2331
—
+ 7,553
90
pur¬
obligations—
Other securities..
Total U. S. Govt, securities
Total loans and securities
59
+
Other loans for purchasing or
'
week
1
,,
Wisco|mn Public Service Corp., 1st mtge. 3 Vis, due 1971-July 1
$
$
+
11,636
chasing or carrying:
+ 4,006,158
—439,050
+ 641,500
+
Notes
:
July
July 1
debentures, due 1950
Jun 21
Inter-City Baking Co., Ltd., 1st mortgage 5V2S, series A_July 1
and agricultural
industrial,
U. S. Government
—326,663
5,388,261
.Bonds
1945
1944
57,541
.
loans
Loans
May 31,
$
,
investments—total—r
Loans—total————
948,702
672,574
12,737,434
Bills
May 23,
1945
—1,274,660
4,000
Certificates
i
July
'' ;
"
-
Inc., 3%%
due|i846
Increase (+) or
Decrease (—) Since
!U. S. Govt, securities:
<
Co.—
Standard Bleachery & Printing Co., 5 Vi % bonds,
May 30,
Commercial,
Due from foreign
1st
July : 1
due +951
May 30,
1945
18,357,276
912,124
Total reserves
t
Great,
DuqueShe Natural Gas Co., gen. & ref. mtge. 7s
member banks follows:
(In millions of dollars)
Increase
June
on
of the assets and liabilities of reporting
,
;:M:
certificates
summary
thousands of dollars)
Assets—
in¬
member banks
$162,000,000 during the week, and on May 30
amounted to $797,000,000.
creased
A
1540
College of St. Thomas Aquinas and Domin-
Paton
.
Borrowings of weekly reporting
Statement of Condition of the 12 Federal
Gold
1
l
*
*
2217
Louisville & Nashville RR.—L. &
City, and $107,000,000 at all reporting member banks.
T
July
July
—
ican\;Father^, Province of St. Albert the
mtg#VSerial bonds, due 1949-53
—
1st
declined
$25,000,000. Loans to brokers and dealers for purchas¬
ing or carrying United States Government obligations
$67,000,000.
($20 par)—
27%
($1 par); 65 Mid West Re¬
fineries, Inc., common ($1 par); 25 Philippine Mining
Co.
($1 par); 100 Shamrock Mining Co. ($1 par)
$190 lot
El Canada Mines Co., Ltd.
($1 par)
$8 lot
Bernitz Furnace Appliance Co., common
3
Mil-.on Bradley Co., preferred ($100 par)
81
Cramp Shipbuilding Co. ($5 par); 175 Win. Cramp &
Sens Ship & Engine Building Co.
($100 par)
$166 lot
Rita Carlton Hotel Co. of Boston, preferred ($100 par)
21
9
domestic
to
Commercial, industrial, and agricultural loans
pose
'
Inc., American certificates-————
Transacted by R. L. Day & Co.,
June 6,
$1 lot
Combustion Engineering Corp
Inc., 1% preferred; 25 Bateman Bros.,
'i
—
International
Kreuger
1970
15
General Steel Castings Corp., 1st mtge. 5s, series A
Wednesday, June 6:
■!
Jun
/ 1st. mortgage 5s, due 1957-.
Ruction Sales
200
stock—
1
Denveg-Tramway Corp., gen. & ref. mtge. bonds, ser. A,
V
.658300*■
.542650*
4 Vfe%
Inc.,
Hartford Times,
Bateman
1
.301215
'1
25
2
4.035000
.301215
.205820
•Nominal rate.
100
July
-July
due 1957-July
4.035000
.205820
pound
pound
B,
ser.
.301215
Fairmqttnt Park Transportation
-
3Vis,
4.035000
.542650*
■*
mtge.,
gen.
301215
.909090
*
1st & ref. mtge. 4 Vis,
.205820
Uruguay,^pe^o—
Shares
&
4.035000
.905000
Transacted
1st
m
.205820
3.244203
1763
l
.301215
Official
2437
————July
ref. mtge.
—
4.035000
Free
1
'—
.205820
—
2437
2325
1
bonds,
.301215
Mexico, pesoNewfoundland, dollar—
Union of South Africa,
mtge.
gen.
4.035000
England, pound sterling—
India (British >, rupee
New Zealand,
.569800*
.569800*
.569800*
.569800*
.
-July
——.
6%
Co.,
——
due+1959
f.908125
.569800*
deben-
Faga
1
.909090
.907500
.
$
Cincinnati Union Terminal Co.—
.909090
Official
Date
serial reL'4%% bonds due 1957-July 1
„jun l8
Paper
2114
2
July
Ballard,yOil Co. of Hartford, Inc., 1st mtge. 7s, due 1948-July
Bethlehem Steel Corp. consoi.
lfitge.. 3%s, series F,... :.-
3%
.060602*
Official.—
15
,juiy
.;£".,■■■■
.
Paga
30
REDEMPTION
1959—
Writing
+961
due
.2512A1"
3.228000
3.228000
3.228000
3.228000
3.228000
.397733*
.251247*
.251247*
.251247*
.251247*
~
$
$
.297733*
.297733*
.297733*
tures+due
„
American
June 7
June 6
$
.297733*
3.228000
——
New York
June 5
$
.251247*
pound
and Issue—
Aberdeen & Rockfish RR.
States Money
United
June 4
June 2
$
.297733*
Australia,
in
Value
Argentina, peso-
PARTIAL
Alabarpa Gas Co., 1st mtge. 4]/2s, due 1951
American Machine & Metals, Inc., 15-yr. 4V2V0
1945 TO JUNE 7,
Country and Monetary Unit
Inc., 1st mtge. 6s, due 1954.....
Roberts & Oake,
Company
UNDER TARIFF ACT OF 1930
FEDERAL RESERVE BANK TO TREASURY
1945, INCLUSIVE
Date
Penn. RR., gen. mtge. 4%% bonds, ser. E, due 1984_.__Jun
Philadelphia Transportation Co.—
Consoi. mortgage 3%-6% bonds, series A, due 2039—Jun
!
30
*
2328
18
0
Jun 11
2334
New
Ser
if
1st
clue
i
Jun
15
=>
deb., due 1962.__Jun
23
York
C
due
_
mortgage 4VaS, due
Ltd
313
July
1
Aug
1
Juiy
RR.—:
series C
3%%
14
2224
—
1948
*
General.mortgage
2450
_
Laundry Co. of Toronto,
Pennsylvania
2450
bonds due
1970
2337
2451
Number 4393
Volume 161.
THE COMMERCIAL & FINANCIAL
CHRONICLE
and Issue—
Company
Date
debentures
Corp., 4%
Pickering Lumber
July 1
___July 1
July 1
Jun 15
Co., 5% pre¬
(R- L-) Building Co., 1st mtge. 5V2s
_
Portland RR., 1st consol. mtge. 3VaS, due 1951
Procter & Gamble, 5% preferred stock
polk
Cold Storage & Warehouse
Quincy Market
ferred stock
Aug
—™.™
Page
*
212
1247
Reading' Co.—
Gen. & ref. mortgage V/2 %, series A and B, due 1997_July
1
6'7o convertible preferred stock___Jun 30
Savannah Electric Co., 1st consol. mtge. 5s, due 1952___July 1
Shamokin, Sunbury & Lewisburg RR.—
Chicago
Molded
Products
Share
Cotp.
Chicago & Northwestern Ry.,
Chicago Pneumatic Tool Co.,
$3
(irreg.)
5%
2115
Republic Steel Corp.,
$2.50
pfd. A___
1887
6-
7-25
6-30
7-
6-15
50c
common
5%
preferred
2
6-15
2
6-15
Jefferson
$1.25
7-
2
6-15
85c
2116
2489
Coastal
2489
Columbia
2339
Cum.
South Carolina Power Co.—
1st lien & ref. mtge. 5% bonds, due 1957
ref. mtge. bonds, 5%
1
607
Jun
Electric Service Co., 1st mtge. 5s, due 1960
Texas Power & Light Co.—
1st mtge.- bonds, 4%% series due 1965
Texas
1st &
2489
July
8
2152
Jun 28
Aug
1
2490
July 1, '47
Jun 30
Jun 15
2490
series due 1956
i.__Jun
18
2490
2490
2268
2376
Associated Oil Co., $4.50 preferred stock—July 1
"Union Gas System, Inc., 15-year 5%
notes due 1956__'-Jun 15
United Public Utilities Corp.—
2269
collateral trust bonds, series A, due 1960
July
51/2 % collateral trust bonds, series B, due I960—July
United-Rexall Drug Co.—
$4.75 preferred
stock
July
31/4% debentures, due 1958
July
1
2153
1
2153
Tide Water
6%
™
Baking Corp.,
Wagner
2490
due 1966-July
2
———
9
2269
2491
serial debentures--—Jim 29
2491
July
2491
In the
first we bring together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, but
which have not yet been paid.
Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
Goods
American
Iron
6-15
6-22
6-11
2
6-18
7-
6-27
$3
Co
6-
7
20c
pfcl.
Pipe Co., 6<«
(s-a)
7-
2
6-15:'
20c
,_•__
Cast
6-29
25C
Mfg. Co., common
Common
6-14
$1.47
(accum.)
Inc.—
Logan Valley Electric Ry.
Aluminum
of Re0.
6-29
12'/a c
Corporation
class A preferred
&
Holderi
20c
Co.,
Altoona
Payable
Share
10-
1
9-14*
$3
7-
2
6-20
6%
American
Express
American
Fruit
Corp.,
Cooper
Gas
2nd
Snuff
American
$6
Co.,
preferred
American
—
Works
preferred
American
B
Oil
Ashland
&
Equipment
of Canada,
(s-a)
Ltd.—
Creamery
prefered
Co.,
iquar.)—_
common
Loan
preferred
common.-
6-14
Ltd.
Corp.,
class
Cordage,
preferred
A
$2 preferred class A
(quar.)
British Columbia Power Corp., Ltd.—
Class A (quar.) —
Co.,
$1
6-15
5-31
(quar.)—.
7%. preferred (quar.)
Bush Terminal Co., 6'.r preferred (quar.)
Butler (P. Hi) Co., 5% conv. pfd. (quart¬
s'*
non-cunt, preferred
series B (quar.)_
Campbell (A. S.) Co.—
—
Cycle & Motor Co..
Canadian
General
Canadian
Silk
$1.50
Products
preferred
Cannon
Mills
Ltd.,
Investments,
Mfg.
Co.,
5%
preferred
(quar.)
6%
preferred
(quar.i
common
—
(auar.)
7-
44c
6-15
6-
4
25c
6-11
6-
5
6-20
6-20
6-15
6-
5
7-15
6-30
7-
35c
6-12
7-
2
2
6-12
30c
6-30
6-15
6-30
6-15
2
6-20
6-30
6-19
6-30
6-19
7-14
6-20
6-30
6-20
9-30
9-20
7-15
6-20
$32VaC
7-15
6-20.
6-30
6-15
50c
6-30
6-19
25c
7-
6-15
7-
2
2
6-30
6-18
87 VaC
6-30
6-18
$1.75
6-30
6-18
$1.50
7-
2
6-15
31 Vic
7-
2
6-19*
7-
2
6-19*
1
37 V2C
6-11
6-
$15c
6-30
6-15
$15c
7-16
6-30
1
6-30
6-
6-30
6-14
5 %
6-30
6-14
15c
6-30
6-15
6-30
6-30
$7 preferred
Case (J. I.) Co.-,
$1,430
6-15
6-15
6-15
7%
preferred
(quar.)—
Celanese Corp. of
7%
preferred
preferred
Central Hanover Bank & Trust Co.
4.10%
C-ntwry
Chemical
preferred
Electric
Bank &
A
_a™_
&
Gas.
(initial
(N. Y.)
____
com.
(quar.)
quar.)
(Utah)
Trust
(N. Y.)
(quar.)
6-15
2
6-15
Mid-States
6-30
6-15
6-30
6-15
6-25
6-16
6-25
6-16
6-30
Modem
9
8-
1
7-16
77
6-20
6-11
2
6-20
6-30
6-11
25c
,6-30
'7- 2
6-18
$1.50
6-18
7-
2
6-11
common
77
6-
77
2
—
6-15
7-
2
6-14
4Vi7
Globe
7-
2
6-14
$2
preferred
6-26
6-15
New
6-15
6-
New
6-15
5-31
6-27
6-18
6-15
6-
6-25
6-13
7-
5
8
Gold
&
Golden
State
Method
6Va7
preferred
New York &
107
New
Harlem
7-
2
6-18
—
25c
7-
1
6-13
$1.75
7-
1
7-
1
35c
7-
2
.)
(quar.)
7-25
7-17
Norwich &
2
6-14
RR.
Co.,
Co., common
(increased
6-
1
6-
1
7-
2
6-15
2
6-15
7-14
6-21
7-
Worcester RR., 87
Payment subject to
Nova
&
Scotia
H
7-
2
a)
(s-a)
Pacific
6-15
Sugar
Co..
Service,
common
Common
57
(quar.)
<W. T.)
Grant
57
——
Corp..
Motors
Co.,
77
•
preferred
convertible
(quar.)———
Hawaiian
77
preferred
Hercules
Corp.
—
6-15
Premier
3
6-15
(Hartford 1
(quar.)_„
Gold
Mining
Co.,
6-15
6-15
Radio Corp. of America.
|25c
7-
3
6-11
67
7-10
6-30
Ralston
preferred$3.50 pfd. (quar.) —
preferred
Purina,
(accum.)—
8-15
(quar.)----
Hummel-Ross Fibre Corp.,
—
—
—
^
preferred
2
fi-i 5
6-15
6-30
6-15
6-30
6-15
6-18
6-20
$1.02Va
7-
2
6-20
6-25
6-15
2
6-15
preferred
(s-a)
_
(quar.)_
(quar.)-.
——
(irregular)
Indianapolis Power & Light, com. (quar.) —
514 7
preferred fouar.)
—.———
Imperial Paper & Colour Corp.
Intornatlon«l Metal
Class A
International
77
77
Nickel
preferred
preferred
——
Co.
2
6-15
45c
7-
2
6-14
7-16
6-15
6-22
6- 7
6-30
$1.25
8-
1
87 Vac
7-
2
6-11
Rayonier, Inc., $2 preferred
(quar.)
7-25
6-30
6-12
6-
1
7-
1
6-
9
7-
2
•6-14
7-
2
6-15
87 Vac
7-
2
6-15
2
6-18
Reliance Manufacturing
common—
30c
8-
1
7-21
6-
77 preferred (quar.)
—
Remington Arms Co., Inc., 67 pfd. (s-a)
Robbius & Myers, $1.50 preferred (accum.)™
Robertson (P. L.), Ltd., common (quar.)—
$1.75
7-
1
6-20
30c
6-12
7-
2
5
6-11
7-
2
6-11
7-
2
6-18
—
Reed-Prentice Corp., common™.
77 preferred (quar.)™
—— —
Co.,
-
™
Preferred
6-30
6-20
6-30
6-20
6-30
6-20
8%C
6-15
6-
$1.18
6-25
6-30
6-
4
50c
6-32
6-
2
(quar.)—
—
—
Rome Cable Corp. (quar.).™
Roos Bros., Inc. (quar.)
—
Royal Industrial Bank of New York (irreg.)™
Safeway Stores, new common (initial quar.)
57 preferred (quar.).—.,-—™.™-———
.St. Louis Bank Bldg. & Equipment..
—
1
™
—
of
Canada,
—--
Williams,
50c
$3
6-15
6-
7
5
75c
6-15
6-
50c
7-
2
6-20
62 7 c
7-
2
6-20
19c
$5
7-15
7-
15c
6-30
50c
6-20
30c
6-25
25c
7-
1
6-18
$1.25
7-
1
6-18
6-30
6-20
6-13
6,
9
5-28
1
—
25c
7-
2
6-20
Inc.-™——™.™--————
50c
6-14
6- 8
$1
6-11
lOc-
Co
•
6-30
6-15
$1.50
9-
1
8-17
Security Title Building, Inc.-r-
15c
7-
2
6-30
$7 participating preferred (accum.)
Selected American Shares, Inc.——————
68V4C
6-30
$1.1834
$1
7-
2
6-20
Oil
Gas
(quar.)_™_™
6-30
6-
8
Sheep Creek Gold Mines. Ltd.
7-15
7-2
Shippers Car
$1.31 V*
7-
1
6-20
Shuron
}35c
7-
3
6-11
30c
&
Simon
77
8-
1
7-
3
t8%C
8-
1
7-
3
Line Corp., 57
Co. (quar.)
2
(H.)
Western
& Sons.
preferred
Dairies
(initial
quar.)™
(quar.)
(J. Hungerford), 67
South
West
2
6-18
7-
2
6-18
t3c
7-16
$1.25
6-30
6-30
6-20
7-
6-15
t$1.25
2
6-30
preferred—
Pennsylvania Pipe Line
tl5c
6-29
6-8
$$1.75
Ltd., common (quar )-,
Smith
6-20
7-
35c
(quar.)
—
preferred—
Optical
Silverwood
t$1.75
v6-
6-30
Sc
5c
Shamrock
Ltd.—
($100 par) (quar.)——
($5 par) (quar.)————
<te
Electric
Scott
Industries-
(interim')
6-16
7-
7-
Illinois Commercial Telephone Co.—
6-30
2
6-30
6-23
6-13
10c
common
(quar.)
Manufacturing, 6 7
7-
2
6-15
7-14
6-15
50c
—v
25c
7-
2
7-14
2
Hook Drugs Ind.
Hossman-Ligonier.
7-
7-
2
Sangamo
6-18
$1
50c
9
7-
6-20
2
32 Wc
6-20
7-
$1.
7-
—
2
50c
6-J 5
preferred
6-15
7-
93
6-20
$4.75
6-
6-28
377 c
(quar.)
(initial quar.)-
common
preferred A
6-30
57 7
6-15
6-16
$1.50
25c
(initial quar.)
preferred
6-30
Equipment & Realty—
1st
25c
67
6-15
25c
40c
Hunter
2
——
Holophane Company (irregular)
6-18
7-10
7-
Ltd
San Antonia Transportation Co.————
6-18
6-20
7-25
tic
—
$3.50
(quar.)
—
6-12
6-30
Washington Insurance Co. (R. I.)
2
$1.75
Hollingsworth & Whitney Co—
2
6-1(5
$3
15c
2
1
6-25
$1
7-
9-
6-30
25c
Gas
7-
34 %c
6-18
7-14
25c
Quarterly
—
Quincy Market Cold Storage, 57
$3
6-18
6-30
$2.50
—
Providence
$1.50
(quar.)
preferred
preferred
3
$1
common (quar.)
(s-a)
;
Highway Safety Appliance, class A (quar.)
Hinde & Dauch Paner Co.. 5 7 preferred
$4
7-
-
6-28
$1.50
20c
common.—
(quar.)—...
Plough, Inc. (quar.)—
Pratt & Lambert. Inc.——
7-
2
8%c
Co.. commen——
(quar.)
$6 preferred
Motors
Co.,
Pittsfield Coal
1:63c
'
Hershey Creamery,
77
Insurance Co.
Preferred
—
6-30
6-30
$3
(quar.)
— — ^
W.)
Pick
$92.75
5-26
7-16
^Oc
(If. Y.)
(quar.)
Watch Co.
(Geo.
Phoenix
6-
3a77
preferred class A (quar.)
Agricultural Co.
77
6-18
Co.—
Brewery
Harris Manufacturing Co.—
Helme
2
6-30
5
62 '/a C
Company
Railway
A
Guaranty Trust Co.
Gruen
7-
7-14
6-
6-
—
25c
(quar.)
common
Criesedieck Western
5Vh 7'
Pfaudler
J
35c
preferred-
preferred
class
6-18
16 2 VaC
;-
—
preferred
Graham-Paige
2
30c
5-22
6-16
25c
7-
Rubber of Canada, Ltd.—
Tire &
Goodyear
-----
6-15
5-29
12VaC
—
Petroleum Corp. of America
(Albert)
6-14
6-11
12 Vac
(s-a)i
Pepsi-Cola Co.
6-15
3
6-30
6-30
17 Vac
Co.
6-14
2
7-
7»4c
—
6-20
7-
6-15
10c
Pan American
6-15
1
2
$1.50
common-..-™
(quar.)—™
2
-
7-
$1.25
(quar.)
Telephone & Telegraph,
67 preferred
7-
2
6-15
20c
...
1
-
6-27
7-
6-18
2
20c
:
Robinson
6-30
6-15
6-30
15c
—
40c
3
6-15
6-15
$1
—
Pennsylvania Sugar, 57 preferred
Pennsylvania Telephone Corp.—
$2.50 preferred (quar.)™..
1
6-15
6-15
>
7-
t$1.50
—
6-25
8-
7- <2
50c
■„
$1.50
(quar.)
Public
6-20
2
.7- 2
—7- 2
(quar.)
Lighting Corp., $5 preferred (quar.)
6-20
6-
$2.50
of funds from
Pacific
2
6-21
$2
,,™
6-20
2
6-12*
2
$1
™™
Gamble
7-3
6-19
7-
40c
quar.)
(quar.)
Common
7-
6-30
$2.50
pfd.
receipt
Corp. (quar.)
Oiin Industries, preferred A
7-
6-19
$1
Light & Power Co., Ltd.—
Increased
Pacific
6-19
6-30
RR.
Nu-Enamel
Onomea
6-15
6-30
t$1.62Va
(s-a)v..—.—.I.
Trust
NH
6-13
$1.50
...
Northwestern
7-
6-1?
,
$1.37 Vi
Noblit.t-Sparks Industries, Ltd
Telegraph Co. (s-a),.™.-.
6-30
6-11
$1.50
6-12
30c
(accum.).
preferred
York
6-13
Laundry Co., Ltd.—
7-17
$1.50
Ltd
Co.,
6-23
6-19
6-12
—
2
6-11,
15c
Inc., $7 preferred
Stock Telegraph Co.
(quar.)
2
...
7-25.
$1.,75
Sugars,
6-15
7-
1
preference (accum.)
Hampshire Fire Insurance (quar.)—__
$1.06 Vt
(quar.i.
6-15
2
ly
10-year
25c
Knitting Works
Godcbaux
6-20
7-
$1.75
$1.06 Vi
common
6-20
7-
—.
62 Vac
Instrument,
Time
General
3
3
7- 2
.
——
50c
(quar.)—
7-
9
7-
7-
preferred
7-
6-
t20c
.
—
...
Sugar Refining
National Supply Co., 67
prior pref.
5'/a7 prior pref, (quar,)
2
$$1.25
—
,7- 3
J $ 1.37 Vit
(quar.)
Penn Traffic
preferred (initial quar.)-Telephone Corp., common (quar.)
6-20
7-14
$1.75
,™
National
7-
2
(quar.)—
7-17
4V»7
6-30
Consolidated, Inc.—
8-15
General
5
6-22
2
$1.25
"
$20c
common
i
6-
6-20
15c
6.18
Co.,
6-
$3.50
—
1st preferred (quar,)—
2nd preferred (quar.)
10c
iquar.)
8
5
7-
t$1.37Vi
6-26
Rubber
9
6-20
6-12
t'30c
(quar.)
—
common.—
$2.75
fc
6-
2
5c
Airways, new common (initial)
Peerless Casualty Co., 67 preferred <s-a)
Tire
6-
(quar.)
6-18
preferred
6-
7-
6-15
15c
—
6-26
57
*6-15
.
15c
—
common
$3
General
6-15
$1.75
(quar.)
preferred
$1.12
General Steel Wares, Ltd., common (interim)
6-25
20c
Pacific
—
6-15
75c
Murray Ohio Manufacturing Co.——
National Candy Co., new common
(quar.)
6-
$1.12 Va
preferred, (accum.)
6-20
35c
Vernon-Woodbury Mills—
preferred (accum.)
Murphy Paint Co., Ltd., common
5Va7 preferred (quar.)
6-20
Inc.—
(quar.)
2 IV
30c
77
6-11
35c
Manufacturing,
6-14
7-
Mount
7-
2
$1.50
Co
Morrison Cafeterias
7-16
6-15
7-
1C
(quar.)
preferred
1
$1
7-
7-
57
6-20
6-22
—
Containers. Ltd.,
preferred I quar.)
5 Va 7
5-15
15c
General Public Service, $6 preferred (accum.)
6-30
45c
Shoe
6
7-10
7- 2
30c
Y.) (quar.)
II
Montana-Dakota Utilities,
—
tquar.i
Products
6-
25c
75c,
(N.
Manufacturing Co.,
Class A
NY
preferred-
6-26
91 sc
:}:S2.50
6-30
c
Miller
8-
40c
non-cmn.
3
6-20
12 Vic
Ltd. (s-a)
6-12
12'"C
Co
2
7-
20c
(accum.)
preferred
6-30
37'/a
(nuar.)
7-
62 Vac
25c
—
_•
2
$1.18 V.
inc
(irreg.)
(quar.)
6-
25c
(quar.)
$1.75
(quar.)
Quarterlv
Central Illinois Elec.
__™-.
6-16
$6
(quar.)
$l.1.S:,i
Extra
preferred
$6
1
—
(quar.)
common
preferred (initial)
General Printing Ink, common
General
6-
—
Y.l
6-12
7-
1
Communica¬
Corp. (quar.)
Meyer-Blanke Co., common
77
preferred (quar.)
6-14
6-15
6-
6-20
|$6
Medford
6-28
$1
$3
Marine
7-
15c
(quar.).
(Arthur G.i, class B (quar.)
Steel Corp
McKee
$1
Co
the Loom,
75c
McLouth
25c
(irregular)
$4.50
50c
common
(quar.)
Centlivre Rrew'ng Corp.
Central Fibre Products
6%
of
$1.75
—
America,
6-16
9
50c
partic. preference (interim) —
Greenfield Tao & Dye, $6 preferred (s-a)__
6-30
40c
9-15
6-30
7-
75c
(quar.)
6-15
,7-14
6-15
common
9-29
50c
(quar.)
Great Lakes Paper Co.. Ltd.—
'
$1.50
;
6-16
75c
General American Investors Co.,
$2.50
7-
$1,233
———
6-30
County Coal Corp.—
preferred
$5.50
Carolina Power & Light, $6 preferred
$4 75
77)
Insulation
(irreg.)™—
Corp.™-
Martin-Parry Corp.
Mascot Oil Company
Matson Navigation Co.
50c
(increased)
6-20
7-
$1.25
v.
6-16
75c
(increased)
Franklin
25c
——
—
6-30
50c
of Ogden
Corp.
B
Formica
$37 Vic
(irreg.)——-
50c
25c
Henkel-Clauss Co..
(quar.)
Co.
(Philip)
-
(quar.)
6-20
$1
(quar.)
Inc.
preferred
Petroleum
Marine Midland Trust Co.
Marlin-Rockweli Corp.
Co.—
Stores,
A
6-20
6-20
Corp.—
Stock dividend
Carey
common
Ltd.
6-30
G8:VjC
Co.,
Class
2
2
31V4C
6-30
Co
(quar.)
Class
7-
7-
25c
preferred
Canada
National
15c
-1:40c
(quar.)
common
7-20
(quar.)
common
(N.
Sons
preferred
7-24
$2
—
3V*%
4%7'
$10c
50c
(quar.)
Inc., common-—
1
30c
Traction
Inc.
First Security
35c
—
1
6-
....
(quar.)
Bank
First
$12VaC
(interim)
Ltd.
(quar.)
6-
6-30
8c
(irregular)
Co.
r
Co., Ltd., American deposit rets.
ordinary reg. (interim)/—
Margay Oil Corp. (quar.).
Marine Midland
Corp. (increased)
10c
■■
6-30
tions
6-30
$1.60
Co.
&
(Win.)
6-23
$1.50
*
6-18
7-
20c
cltiss A—
Corp.,
&
Fund.
Avenue
6-15
t20c
(quar.)
Bridgeport Gas Light Co
Briggs Manufacturing Co.
Brillo Manufacturing Co..
L.)
Fifth
6-18
$1.50
Mines,
(E.
Fidelity
2
25c
(quar.)
6-18
2
.
Co.
J.)
2
75c
peferred
A
Bruce
Light
(John
7-
37 Vac
common-
6-30
(Toronto,
Marconi International
(quar.)
(quar.)
<fe
7-
Co.—
Cement
&
(quar.)_
Laughlin,
convertible
$1.30
Fred I
6-14
62 Va C
Corp.,
(quar.)—-
Limestone
Brantford
1
2
$1.061/4
(quar.)
Industrial
preferred
6-16
(quar.)
(quar.)
Rubber
partic.
2
25c
Johnson
6-30
5
7-
12 Vac
—
preferred
2
$$1.75
(s-a)—™
preferred
Class
4%
7-
12»/aC
Brandon
Endicott
6-30
Life Insurance Co.
Ont.) (s-a)
50c
(s-a)
preferred
7-
Bank
Bralorne
87
B
7-25
8
Si.50
25c
(quar.)
Drug Co.,
Class
50c
6-22
5%
preferred
Felin
6-22
6%
7 7
Emerson
6-15
37 VaC
common
6-15
Manufacturers
pfd. (accum.)__
Elmira & Williamsport RR.
2
7-
6-15
6-
$1.01 Vi
Co.
6-19
$1
(quar.)_„:
MacMillan
37 VaC
common..
preferred
Federal
6-30
Bliss &
5 Va 7-
6-26
6-30
Bessemer
Elliot Co.,
6-30
6-
Electric
6-15
common
Fund
6 7;
37 ViC
quar.)
6-30
&
6-15
30c
Manufacturing
Electric Storage Battery
6-14
6-30
——
&
&
—
——«
(initial
•v
$1.25
Gas
6-15
25c
(initial)
Nut Corp.,
6-28
6-15
3
$1.75
(quar.)
6-16
2
6-28
10c
2
(irreg.)
Fund
common
6-16
7-
30c
7-14
2
(irregular)
Controller
7-10
$1
$2.50
Stop
Electric
Fruit
Building
Corp.
6-30
37 VaC
—
9
31 Vic
7-
__
preferred (initial)
6-29
18c
4V4'/<>:
Stock
(quar.)
6-
7-14
7-
30c
Balanced
Howard
6-16
$1.25
7-
12 Vic
Howard
&
6-30
Macfudden Publications-
$1.75
(irreg.)
.■
&
5-31
12VaC
preferred, $100 par (quar.)_
5 7
preferred. $25 preferred (quar.)
Lukens Steel Co.
(irreg.)
9-14
15c
Federal Drop Forge Co
37 Vac
Beneficial
B
&
1
$3
common
Eaton
6-20
6-22
57
$3
Eaton
6-15
2
for
Steamship Lines, •Inc.,
Class
Gas
10-
12 Vac
$2 convertible preferred (quar.)
Easy Washing Machine Corp., class A
6-15
2
Louisville
73c
preferred
2
preferred (initial)
—
(quar.)
Avery <B. F.) & Sons Co., 6V« pfd, (quar.)
Axe-Houghton Fund, Inc., common (irreg.)
B common (irreg.)__
7%
Eastern
pfd.
(quar.)_
Electric
(Ky.),
Lynn
(quar.)
7-
Refining Co.—
Atlas Press Co.
Beatrice
Donahoe's,-Inc., 67'
3
6-23
$2
common
6-14
(quar.)
Co.
Fear
50c
VW/t.
Barber-Ellis Co.
Inc.
6-16
2
9-14
34%c
2
59 %c
—
Construction
Metal
Sugar,
Harvester
15c
(initial)
1
Taylor,
2
(quarlV
Co.
Records,
Detroit
25c
(irreg.)
Inc.
,
Preferred
Art
Decca
$1.50
Co.,
10-
&
$2.62 Va
preferred—
Filene's
(quar.)
Wringer
Lord
25c
_
77-
—
common
7-
(s-a)
7-
Electric—
&
Anglo-Huronian, Ltd. (s-a)—
Anglo-National Corp., class A (liquidating)
Armstrong Rubber Co., class A
Class
57>
$1.50
(quar.—
common
(quar.)
Water
6-14
new
2
_
—
20c
Corp
2
10c
prefered
Tissue
25c
I
Growers
7-
^
25c
8-
3Va%' preferred (initial)
Craddock-Terry Shoe Corp.—
67'
1st preferred (s-a)
67'
Inc.,
20c
(quar.)
Corp., 6V'a% pfd. (accum.)
Glass Works, common (initial)
6-16
10c
t$2
common.,
2
30c
(quar.)™
$2.72
(Peter 1
Corning
Chain
43 *4 c
Toronto
2
7-
—
Loew's
6-15
7-
(quar.)
Lipton (Thomas J.), Inc., 67
Locke Steel
20c
(quar.)
of
preferred
6-15
683/£tc
Ltd.,
Steel
preferred
$1.50
f
$1
6-15
6-30
$1.75
t$1.50
6-25
80c
■.
:
$1.50
(quar.i
International
American
6%
Co.
2
23C
(quar.)
8
6-15
25c
Extra
(initial)
preferred
2
(quar.)
2
'
preferred
7-
Co
6-26
9-14
Faultless
American
Crystal Sugar Co.—
1st preferred (quar.)
7-
Roi
7-
1
$2.75
6-
6-15
1
37 VaC
27c
10-
Elastic
When
Per
75c
_________
6-14
6-11
7-
preferred
(quar.)
25c
$2
4V»%
Industrial and Miscellaneous Companies
Eisner,
Lehigh & Wilkes-Barre Corp.—.
Lipe-Rollway Corp., class a (quar.i
(quar.i
Ekco Products,
The dividends announced this week are:
&
6-15
2
preferred
Ecuadorian
declared.
Aeolian
7-
6-14
preferred
6-14
2
'
Semi-annual
2
preferred (quar.)——
7%
preferred '(quar.)
Davega Stores Corp., common
DIVIDENDS
Admiral
Le
Company
Latrobe Electric Steel Co.
7-
77>
Dividends are grouped in two separate tables.
Aues
6-15
Cross^ Company 'J—
§Upon presentation.
(irreg.)
7-20
6-30
$2
Cuban-American
Express Co.
8-15
(quar.)
Crystal
Adams
$1.25
—
—
6-15
2
7-
Lambton Loan & Investment Co.
(Sarnia, Ont.)
preferred
$1.75
2378
Name of Company
Lambert
7-20
8%
Consolidated
2
1
this issue.
in
7-20
$5
(Boston)
2
7-
25c
Kidde (Walter) & Co., Inc
La Salle Extension
University, 77
1
7-
$1.12 Va
6-15
Consolidated Retail Stores, Inc., common
Common ——*™___
8'v
(initial quar.)
5
$3 preferred (quar.)
Connecticut Investment Management (extra)
Dry Goods (irreg.)
«.
Consolidated Investment Trust
6-15
25C
8-15
(quar.)
$2.75
July 1
—July 18
second preferred stock
7%
•Announcement
7-
preferred
6-13
SI.25
1
common
2
6-29
$1.75
8-15
Consolidated
Irregular
Company,
6-
7-
$1.50
$1.25
_
6-15
6-15
15c
$1.50
pfd. A (quar.)
(quar.)
(quar.)
Fire Insurance
Connecticut
6-28
87«
Waltham Watch Co.—
prior preference stock
q'/o preferred stock
Warner Bros. Theatres, Inc., 4%
series
2
Co
$1.25
Electric, 6'V
preferred
Consumers
bonds, series A,
&
2
3c
Gas
V
Connecticut Gas & Coke Securities—
gold debenture bonds, series A, due 2022
Textron, Inc., 5% conv. debentures due 1959
Thermoid Co., 1st mortgage 4'As, due 1958__
Thompson Products, Inc., 5c!o
preferred stock
Virginian Ry.—
1st lien & ref. mtge. 3%%
75c
Oils
preferred 5'k
Kendall
6-16
2
6-15
7-
75c
(quar.)"
4'/a 7
5% cum. preference
(quar.)
Commonwealth Loan Co. (Indianapolis, Ind.)
5%
7-
2
$1.50
Kansas Electric Power Co., 57
pfd.
Kansas Gas &
Electric, 77 preferred (quar.)
$6 preferred
(quar.)—
Quarterly
of Rec.
7-
50c
7-
7-
Electric
Holders
Payable
45c
—
Telephone Co.—
1
July
_i
Share
(quar.)
Interstate Telephone, $6
preferred (quar.)—.
Investment Corp. of Philadelphia
(quar.)
Irving Trust Co. (N. Y.) (quar.)
75C
(quar.)
& Suburban Bell
Sheridan-Wyoming Coal Co.. Inc., 1st mtge. 6s due 1947-July 1
Shippers' Car Line Corp., 5% preferred stock
Jun 30
Simmons Co., 4% debenutres, due 1952
July 16
Solar Aircraft Co., series A preferred stock
July 16
5s, due 1945
Name of Company
International Shoe Co.
62 VaC
Citizens Wholesale
Supply Co.—
6'/• preferred (quar.)—1
2nd mortgage,
2
1
When
Per
of Jtec,
6-15
convertible
Cincinnati
Holderi
Payable
10c
preferred (quar.)—
$2.50 convertible prior preferred
(quar.)_
Cincinnati Gas & Electric Co.—
1
When
Per
Name 0/ Comvan v
2452
2591
6-29
6- 8
$15c
6-29
6- 8
60C
7«i2
6-15
Monday, June 11, 1915
CHRONICLE
COMMERCIAL & FINANCIAL
THE
2592
Per
When
Share
Payable
■
*
.
.iquar.)
Common
$1.50
(quar.)—.—_
Southwestern Gas & Elec., 5ft
pfd. <quar.)_
(L.
6-15
2
6-15
6-30
6-16
7- '2'
50c
25c
Wells
Strvthers
Shovel
7ft
Common
B
Trailmobile
Drug,
United
8
6-
1
American Hair
6-
6-30
6-15
7-16
7-
2
6-15
6-
1
1
$1.75
Pacific
5-31
6-16
6-16
75c
'7- 2
6-14
7-
80 %c
U
S
Oauge
U
S
Plywood
preferred
7%
Co.,
Corp.,
new
Oil
Refining
Vulcan
West
Electric,
Penn
preferred
6ft
4ft ft
Western-
Grocers,
25c
$4.25
Products
Chlorine
preferred
6-30
6-
6-30
$1.50
8-15
6-25
$1.12 ft
7-16
$75c
7-15
6-15
$$1.75
7-15
6-15
lc
6-15
6-10
7'ft
6-11
1
7-20
Will
10c
6-15
6-11
(F.
American
York
(quar.)—
W.)
_■
25c
_
rets,
for
25c
I—
5-
7-
6-15
this
week, these being
given
pfd.
(quar.)
Abbott
Laboratories,
Extra
4%
(participating)
Glove
Acme
Steel
Adams
Manufacturing
6ftft
Aero
Aluminum
Supply
Aetna
Ball
5%
Aetna
Co.
Standard
Aetna
5ft
Corp.
Tobacco
Co.
class
A
$5
iquar.)
$7
preferred
Alexander
Aigoma
Allegheny
Allen
Baldwin.
&
5ft
Steel,
25c
&
Laboratories.
Products
Class
A
Corp.,
iquar.)
preferred
;
Aluminum
6ft>
of
(Increased quar.)__
America,
preferred (quar.)
Co. of Canada,
Aluminum
Industries,
common
convertible
Amalgamated
American
Inc.
__
Co.
iquar.)__
Board
(St. Louis).
5ft
American
Extra-
Chicle
conv.
class
class
class
Payable
j_
*
A
in
B
__
Atlas Powder
Automobile
Avondale
G-15
Axelson
6-
Baldwin
8*
5-21
Baldwin
6-11
6-
1*
6-15
6-
5'ft
5-22
7-
3
2
7-
6-
1
7-
6-
7*
2
7-
2
6-
7
;
$5.50
5-31
Bath
6-14
Bausch
7-
2
■
5
6-15
6-
5
6-15
6'
$1.60
1
&
opt.
or
6-15
6-
1
Class
6-15
6-
1
7ft
6-30
6-15
Beau
Light Corp.—
div.
series
1/16 of
a
of
div.
(accum.)
683,4C
or _Vath
class B
of
.
share
2
6-20
7-
2
6-20
preferred
Canada
Crushed
Canada
7-
6-15
5%
6-15
5-31
6-15
6-
2
1
$1.50
7-
2
6-12
6-15
6-
6-26
6-12
6-21
6-11
6-30
6-
1
6-30
6-
1
1
Stone, Ltd.
preferred
(quar.)
iquar.)__.__
Dry Ginger Ale,
$4.25
preferred
&
A
participating
A
Class
A
Forgings,
class
A
(quar.)
Brummel
Canada
Canada Northern
7ft
Canada
common
RR.
2
6-11
Packing
Co.
Wire
&
Cable
7-
2
6-30
6-12
Canadian
Canners,
3 7 ftc
6-20
6-
5
Class
A
of
B
(interim)
6
preferred
ft ft
7-' 2
:6-n
'
3
6- 5
6-30
6- 1
6-30
6-14
6-20
6- 9
7-
2
6-30
7-
2
6-11
7-
2
6-15
6-15
6- 1
6-15
6- 4
7-
6-15*
2
6- 9
6-20
6-15
6-
1
6-15
6-
1
7-
2
6-11
37ftc
7-
1
10c
6-16
6-1
6-12
5-29
6- 9
$10c
7-
7-
3
6- 9
7-
3
6- S
3
6-20
5-25
6-20
6-
6-30
6-15
5ft
1st
1
6-29
1
6-15*
7-
1
6-15"
60c
9- 1
6- 1
6-15
5-15
7-25
6-20
7-16
6-20
7-
3
6-15
7-
2
6- 6
6-15
5-31
6-15
5-31
$$2
$$1.25
7-
2
6-12
6-13
5-18
$1.75
6-13
5-18
37 ftc
6-12
6-15
8-
1
6-
1
___|
(.
conv.
participating
preferred
(quar.)L—__
preference
Canadian Celanese,
Extra
7ft
Ltd.,
$20c
7-
6- 9
7-
6- 9
$5c
$15c
7-
6- 9
7-
6- 9
7-
6- 9
$25c
7-17
6-21
7-
Canadian
Cottons,
6-11
5-31
6-15
6-
7-
2
6-20
25c
7-
2
5-26
7-
2
6-15
1
6%
preferred
6-21
6-30
6-20
6-20
Ltd.,
common
$$1.75
(quar.)
Canadian
Food Products (quar.)
I_I___
Canadian Foreign Investment
Corp
Canadian General Electric, Ltd.
iquar.)
Canadian Industries,
Ltd., class A (quar.)„
Class
B
(quar.)
7-31
$30c
(quar.)
6-30
$75c
_
6-30
7-
3
6- 6
$30c
Canadian
5-25
7-10
$25c
preferred
5-21
6-11
$53c
$25c
(quar.)—___
common
(quar.)—Converters, Ltd. (quar.)
5
5-15
2
7-
$gc
(quar.)__
common
(quar.)_
Canadian Car & Foundry Co., Ltd.
(interim)
7ft
5-31
6-15
$85c
$2>5c
pref. (quar.)
Participating
$2.50
1
9-15
6-28
$25c
conv.
Ltd.,
preference
non-cum.
6-
6-15
$37ftc
$$1.62 ft
:
Participating
8-
I
7-
$$1
I
7-
3
6- 6
$62ftc
7-
2
5-31
6-20
..
6-15
6- t
6-15
6-15
5-31
preferred (quar.)
Canadian Malartic Gold Mines,
6-30
6-15
Canadian
Oil
$75c
7-
2
$$2
7-
2
6-15
$$1.25
7-31
6-29
$$1.25
7-31
6-29
$$1.75
6-30
7-14
$2c
6-28
5-30
$S2
7-
3
6-20
Shipbuilding & Engine—
7-
1
6-
6
7%
Class
A
$1.75
7-
2
6-11
Class
B
7-
2
6-11
Canadian
6-30
6-
5
35c
7-
2
6-
1
7-
2
6-15
112 ftc
6-15
5-31
6-15
6-
40c
7-
6-15
2
5
Heat
6ft
6-15
7-
2
6-20
Carolina
7-
2
6-15
7-
2
6-15
6-15
5-31
2
6-
7-
3
6-15
7-
3
6-15
1
5-31
7-
2
6-11
pfd.
&
Power
iquar.)
.
Gas
Co., Ltd.,
3__
Light"
City
I]
Transit
2
6-15
7-
2
6-15
$$1
$37ftc
6-30
25c
6-11
s-—50c
Power
Carreras. Ltd., cl. A ord. regis,
(interim)
Carthage Mills, Inc., common (irregular)
preferred
B
6ft
preferred
class
Cassidy's, Ltd., 7ft
Catalin
II
Tractor
Co.
2
25c
6-30
6-30
6-30
$$1.75
10c
1
7-
60c
(accum.)
increasediZZZZZZZZ
7-
3
6-15
2
6-
7-
3
5-31
7-
3
5-31
Central
$1
6-
1
5-16
t$2
7-16
6-23
6ft
75c
6-30
6-11
$6
9
6-
6-15
8-31
6-15
6-20
5
6-
5-29
6-15
6-15
6-15
66-
2
1
8-15
Central Illinois Public Service Co.—
of Canada, Ltd. iquar.i__
75c
40c
7-
6-20
6-15
6-13
12ft ft
Corp. of America
Caterpillar
2
1
6-
6-15
$1.50
(qu"a~r~V—
preferred
7-
6-25
(quar.)
A
6-U
6-11
& Light
Co., $6 preferred" $1.23 3/10
$7 preferred.—
$1.43 9/10
Carolina Telephone &
Telegraph Co. (quar.)
$2'
Carpenter Steel Co
75c
6ft
6-22
3
7-
$1.50
(quar.)
(quar.)
6-25
$1
IIIIIII
Co.
7-
$20c
ordinary.
(ouar.)!
Products
6-15
$30c
;
Natural
6-30
6-15
8ft
(interim)
(interim)
Western
preferred
25c
7-
Ltd.,
(s-a)
Canadian Wirebotmd Boxes. Ltd.—
$1.50 preferred
(accum.)..
Canfield Oil, common..
Capital
Capital
7-. 2
Cos.,
Ltd.
$1
Bendix
„
'$i.37V3'
7-
(quar.)
1S1
preferred
Ltd..
Aviation
...
common (quar.)
(quar.)—
Bell Telephone Co.
6-11
6- 4
Co., Ltd.—
t$1.75
7%
(accum.)
6-15
6-14
$15c
Mortgage iquar.)—
Canada Steamship Lines,
5ft preference (s-a)
Canadian
50c
(quar.)
6-15
$50c
iquar.)
(quar.)
6-12
20c
(quar.)___
2
12ftc
$15c
Permanent
6-30
125c
...
7-
$$1.75
Power,
preferred
(quar.)
Breweries, $3.40
1S3.50
Ties.——
2
$50c
...
Class
2
150c
•
7-
Ltd.—
Machinery Corp., Ltd. (s-a,)
Malting Co., Ltd. (quar.)
7-
6-18
m
(quar.)
B
7-
1
5-29'
$37ftc
7-16
37 ftc
laccum.)
6-15
25c
iquar.)_
$1.25
(quar.)
1
$1.06V4
6-15
$1.37 ft
common
6-
7-
6-12
common
(quar.)
Canada Foundries
$1
(quar.)
Corp
Optical,
6- 4
3
6-15
$10c
(quar.)
(quar.)
6-29
lOp
Ltd.
7-
1
Cycle & Motor Co., Ltd.—
$1.25-
25c
common
5-15
$$1.25
6-20
6-20
7c
(quar.)..
6-15
$$1.25
(quar.)
6-30
$2.50
(quar.)
5-31
Ltd.—
Canadian
(quar.)
5-25
6-15
$$1.50
_
(accum.)
6-30
$1.50
Canada,
Co.,
Works
Lomb
Creek
preferred
Canada Cement Co.,
Belknap Hardware & Manufacturing (irreg.)
7-
(accum.)
share
1936
of
Belding Corticelli.
$1.50
a
7-
75c
preferred
6-20
6-
$62ftc
Ltd.,
(quar.)
10c
Works.——
3
6-11
6-15
25c
Foundry
common (interim)
$1.50
(quar.)
Corp..
Co.
preferred
&
Beech-Nut
share
series of
(quar.)
2nd preferred—
Beech
1928
1st
7c
Co. (Hartford)
Investing
(N. Y.I
Beatty Bros., Ltd.,
50c
$1.25
common....
preferred
6ft
25c
(irregular)
5ft
preferred (quar.)
Bayuk Cigars, Inc. iquar.)
Beath (W. D.) & Sons, Ltd.—
6-21*
6-
Asphalt
Iron
$1.50
Cigar,
5ft
25c
Co.
Bastian-Blessing
7-
2
1
5
75c
.Basic Refractories Inc
6-15
6-15
$1
___
Trust
6-15
'
66-
$1
(accum.)
National
Barber
$1.25
_____
(quar.)
cash
preferred
Barber-Ellis
Co.,
6-14
$2.50
(monthly)
Locomotive
6-14
Bread
6-22
Lines—
—
7-
1
50c
Canada
$2.50
(quar.)
6-16
5-25
Co
50c
Alarm
Mills
6-16
Service
10c
(increased)
6-30
6-20
Campbell Wyant & Cannon
50c
Manufacturing Co..
Co., 6ft preferred A
2
Water
6
Canada
—
6-16
35c
6-23
$1
pfd. (s-a)
6-15
6-
6-30
6- 4
common—
6-
20c
1st
7-3
6-11
2
50c
6-23
Canada
(quar.)
3
25c
Co.,
20c
—
2
7-
$1.31
(quar.)
$1
—
6- 9
7-
6-15
(quar.)_J
6
6 ft ft
2
6-15
(quar.)
25c
—
Insurance
6-23
preferred
Inc.
Utilities
6
t20c
Co.
Bankers
6-15
Co.,
$1.75
com
(quar.)
Bangor Hydro-Electric, 7ft
6ft
preferred iquar.)
1
Ink
Pacific
7-
6-25
6- 1
6-
7-
Power—
7-
50c
6-15
6-20
6-15
50c
California Water & Telephone. 6ft pfd. (quar.)
Calumet & Hecla Consolidated Copper
$2
Bangor & Aroostook RR. Co.—
5
50c
stock
opt.
Drop Forge Co.
6-29
7-
$1.75
Payab'e in cash or l/'16th of
of
preferred series A
Voting Machine
8
$2.75 class A opt. div. series of 1936
$2.75
6-15
(accum.)
common
Automatic
(quar.)
Power
Refining Co.,
6-11
common
Cable,
(quar.)...
stock—..
B
California
(s-a)
6-11
&
Payable in cash
9
(quar.)
Indies SS.
preferred
non-cum.
4%
Atlas
West
2
preferred
A
6-
$2
2
50c
(quar.)
class
2
5ft
6- 9
6- 1
5-15
Mills
prior preferred
conv.
25c
Co. com.
7-
$1.75
;
Cities
7-
Co.
7-
(irregular)__w
preferred (quar.)...
Foundry—
Co.
Gulf &
Atlantic
1
L'ine
Fire
20c
Co.
Cigarette &
preferred
$1.50
(s-a)
Automatic
75c
'
American
$3
&
Chain
preferred
American
6ft
Car
non-cum.
preferred
6-
20c
...
___
Co., 7ft
7ft
6-31*
5V4 ft
California
California
37 ftc
pfd.
75c
6-15
75c
■
common.—
A.merican
2
12 ftc
2
5c
Insur.
American
7-
(quar.)
7-
15c
__
8
12 ftc
•
6-20
30c
Automobile
American Can
5ft
8
7-
6-
5-31
2
6-29
5-31
75c
$1.75
(quar.)
preferred
Cotton
California Electric
Topeka & Santa Fe Ry. Co.—
Coast
Atlantic
6-20
1
2
6-U
—
Birmingham & Coast RR. Co.—
preferred (s-a)
Bankers
(accum.)
Bank
American Box
6-
7-
2
Chemical
Note,
6-30
7-
6-30
5-29*
6-30
7-
5
6-15
1
$15c
(accum.)
Water, 7ft
$1.25
Corp.,
non-cum.
5ft
preferred
6-15
(quar.)
Financial
5%
1
ftc
$30c
American
preferred
preferred
Atchison
7ft
Butler
Atlanta
5
6-
8-
Ltd
American
6%
6-
7-
$$1.25
(quar.)—
Agricultural
6-15
6-11
1
6-15
...
common
Atlantic Coast Line RR.
,
1
6-
$1.25
Atlantic
50c
pfd..(quar.)_
(quar.)
preferred
Sugar
(quar.).
6-
6-13
(quar.)
preferred
$2.80
Burlington Steel Co., Ltd. iquar.)
Bush Terminal Buildings Co.—
2
preferred
8
2
6-13
50c
Ring Co.
Inc.,
10c
8
7-
5*
7-
(quar.)
6-
6-30
6-
Co.—
6-15
$1.50
5ft
Amalgamated Electric Corp.,
Amalgamated Leather—
6ft
Astor
7-13
7-20
2
UOC
6-
40c
7-
7-16
—
1
40c
common
9
7-
(quar.)
2
$1.25
Co.,
6-
Corp.—
50c
__
...
Aluminum
$5
4334c
(quar.)
common
Manufacturing
Co.
Ltd,
2
15c
iquar.i_
AJlis-Chaliners
Corp.,
7-
$1.50
2
•
75C
Investment,
5ft
5-28
40c
;
7-
$2.25
Public Utilities Corp
5-28
2
Burdine's,
$1.25
(quar.)
7-
2
__
5-31
6-
2
6-15
50c
12ftc
70c
(quar.)
Inc
$2.25
Associated
6-20
2
6-15
7-
6-11
—
Piston
$1.37 ft
Corp..
Inc.
7-
$$2.50
__
Burd
Canada
$1.75
40c
(s-a)—
(irreg.)
Allied Stores Corp., com,
2
6-28
1
6-15
—
(s-a)
(quar.)
(quar.)
prior preferred
Works,
Common
6-15
6-28
8-
2
$1.50
Ltd.
Products,
Co.
Watch Co.,
7-
6-15
1
50c
(quar.)
Class
Ashland Oil & Refining
6-15
2
Bulova
(111.) —
$3.75
(quar.)
;
2
Bullard
6-16
6-15
2
15c
$1.50
$1.50
Ltd
Inc.
7-
•
$1.25
(quar.)___
...
Dye
Allied
Allied
7-
834c,
Ludlum Steel Corp.
& Equipment
iquar.)
Chemical
'
$4.50
Electric
Allied
1
5-31
7-
Building
6-15
6-30
$1.75
*
Gas—
Extra'
6-23
3
6-15
6-30
6-
6-1
7-
25c
(quar.)—
Bolt Co.
California
Associates
RR.^.
preferred
Asbestos
preferred
6-30
6-15
6-15
6-15
Budd Wheel Co._
30c
—
7-16
common-—
$3
Power
Constable
Metal
5'ft
-
Susquehanna
&
6-
7-
$4.50
(quar.)_.
Albany
Art
6-30
75c
$0,843
Corp
convertible preferred
Arnold
6-23
6-15
$$1.75
__
preferred
preferred
5-26
ordinary
preferred
$0
1
7-
4ft
1
6-
$1.25
(quar.)-.
RR.,
6-
6-30
Co.
$6 convertible
6-15
6-15
25c
;
6-15
Armstrong Cork—
6-15
30c
7-14
Buffalo
6-15
7-16
20c
15c
$1.75
5-15
1
6-13
$1.25
6-15
6-
2
$10c
6-
1
2
7-
7-31
$1.25
6-20
7-
7-
$1.50
(quar.)
Co.
(quar.)
25c
7%
l
5-14
6-25
7-31
$20c
$25c
10c
preferred (quar.)
Buckeye Pipe Line Co
Bucyrus-Erie Co., common
6
6-
6-30
62ftc
5c
50.c
(quar.)
Ltd.
Mills,
Silk
,
6-12
$1
(quar.)
& Sharpe Manufacturing
Bruck
Corp.—
Inc.,
75c
20c
preferred
prior
$5
Brown
5-31
25c
pfd. (quar.)
(s-a)
Co.,
$1^75
$5
(quar.).
Co,
Western
&
Armour
7-
2
5
12-15
*
$1
preferred (s-a)
Arkansas
6-14
H
(quar.)
Southern
Co.,
G'ft
6-15
2
6-20
50c
Surety Co. of New York
Edison
$1.50
(quar.)__
Corp.—
Brunswick-Balke-Collender Co.,
...
(accum.)
Thread
6-11
(Initial)
Common
25c
Arkansas-Missouri
6-21
_____
Power
2
7-10
_.
Alabama
5-22
6-30
62ftc
.
Great
6-16
15c
(quar.)
Engineering
participating
2
6-12
37ftC
(quar.).
(quar.)
Agnew-Surpass Shoe Stores, Ltd.—•
7% preferred (quar.)
;
Agricultural Insurance Co. (Watertown, N. Y.)
Quarterly
Special
Gft
7-
7-
25c
Surety Co.
A.hlberg Bearing,
7-16
6-25
(quar.)_____
9-
9-15
12-15
5
Ltd.
Co.,
Iron
5-31
(quar.)
7%
6-15
Distillers
5-25
Co
preferred
Arizona
25c
preferred
Alabama
7
-
6-
6-15
Oil
& E.)
(G.
12 ftc
(Indianap.)
Insur.
Foundries
1st preferred
6ft
12ftc
-
__;
common
Insurance
Life
6-
20c
(quar.l.
&
6-30
$1
Brooke
6-20
—
(s-a)
(s-a)
Copper Mining
Anchor Duck Mills (quar.)
Andes Copper Mining
7
$$3.25
(s-a)__
(quar.)
Castings
Bearing,
Casualty
Aetna
pfd.
Manufacturing class A
&
preferred
6-
30c
Addressogrnph-Multigraph
Advance
6-30
—-—
Ltd.,
(initial)
British-American
6-30
common
Apex Electrical Manufacturing Co.,
7'ft prior preferred (quar.)—
Arcade Cotton Mills Co., common
of Rec.
15c
(quar.)
Works.
Co.
3
6-15
2
$3.50
Co.,
„
Holders
40c
____—
preferred
Ac.me
(quar.)
common
;
When
7-
7-
$1.75
—;
Inc., 5ft pfd. (s-a)__
American Tobacco Co., 6% pfd. (quar.)
American Woolen, 7'ft
preferred (accum. 1
in the
Payable
7-14
$1.12 ft
Stamping
American
„
Per
British
$1.75
-
& Telegraph
American Thermometer, preferred
Companies
Share
1
Sanitary—
$4.50 preferred
Name of Company
6-
20c
$3 pfd.
6-23
15c
American Bank Note
6-15
$1.75
—
Amoskeag Co., common
Miscellaneous
6-15
40c
Anaconda
and
5-24
35c
Co
Building
preferred
American
preceding table.
Industrial
1
50c
(quar.).
Sumatra
$6
we
announced
2
7-16
7-
—
Sugar Refining,
3
give the dividends announced in previous
weeks and not yet paid.
The list does not include divi¬
dends
9
6-30
American Telephone
Below
6-
25c
,
6-20
6-28
6-30
$1.25
6-18
7
5-29
$1.75
Mill
preferred
American Stores
6-25
6-
5ftc
pref
6-11
$1.75
American
2
7-
(quar.)_
Corp
American Superpower
6%
(irreg.)
Corrugating
Republics
American Steel
&-Co., Ltd.—
deposit
6*
—
American
6-29
7-
$2
__
Co.___
Iron
6*
2
6-
$1.75
(accum.)._
& Standard
American States
8-
preferred
6-
preferred-
common
Radiator
American
50c
8ft
i*
2
20c
(quar.)
American Service,
7-20
Woolworth
6-
7-
(quar.)
preferred
American Ship
Corp.—
common
6-11
35c
25c
7%
40c
■V 5c
——
10 c
7%
4'/2ft
1
Woodward
50c
(quar.)
American Rolling
8-
Candle,
6-20
$1.75
2
Inc., common {quar,}——
preferred (quar.)—
:
$1.12ft
Bondholders Management, class A (s-a)
62ftc
Booth (F, *E.) & Co., $3 pfd. (accum.)
75c
Borne-Scrymser Co.
———$1
Boston & Albany RR. Co.
$2.50
Boston Elevated Ry.
<quar.)_
—
$1.25
Boston Wharf Co. (irregular)——___——
$1
Boston Woven Hose & Rubber—
6ft preferred (s-a)
$3
Bower Roller Bearing——
—
50c
Brach IE. J.) Sons (quar.)—
:
37ftc
Brandon Corp.,
7ft preferred
$3.50
Brazilian Traction Light & Power Co.—
6ft preferred (quar.)
$$1.50
Breeze Corporation
——.
40c
Bridgeport Brass Co., common
——
15c
5ftft convertible preferred (quar.)
$1.37ft
British Columbia Elec. Pwr. 6c Gas Co., Ltd.
6ft preferred (quar.)
t$1.50
Brewing Corp. of America (quar.)
62ftc
Briggs & Stratton Corp. (quar.)
—
50c
Bright (T. G.) & Co., Ltd., 6ft pfd. (quar.)_
$$1.50
Brown-Forman
Public Service,
American
6-20
50c
Baumer
2
Co.
preferred
preferred
preferred
American
6-11
7-2
7-
Paper Goods—
American
30c
$1.06'/4
6-20
Optical Co.
7%
7-17
iquar.)
6-14*
2
—
7-17
(quar.)___
2
7-
preferred
(bi-monthly)
(quar.)
non-cum.
7ft
6-18
8-15
—
7-
50c
News
6-15
6-30
$1.75
....—
5-31*
Co.
American
7
White Sewing Machine, $4 conv. pref. (accum.)
$2 prior preference (quar.)
&
Products,
American
7'ft
$1.75
,
6-12
Metals
&
4
National Finance Corp.—
6-15
6-14
6-
.
Meter
6-20
6-30
....
7',6
preferred (quar.)-.
WeBtgute-Greenland Oil
(monthly)
Westvaco
6-20
iquar.)—.—_
A
iquar.)
1
Ltd., common
preferred
3
20c
6-20
20c
common
American
20c
class
(quar.)....
(quar.)_
Power Co., common
Penn
5-31
•
preferred
West
6-15
7-
2
50c
preferred (quar.l
Manufacturing Co., 5'ft
$1
6-20
6-18
$1.50
(accum.)
$3
7ft
2
$$1.25
7-
6-14
1
2
6-
_—
62 ftc
American
6-28
__
preferred
"Wailuku Sugar Co., Ltd
Wellington Fund,
Inc
Corp.,
,7-
6-20
75c
(quar.)
American
$3
__
Works—i
Chemical
Victor
6-20
$l.i2ft
9
10c
(quar.)
7%
7-10
2
6-20
2
$1.50
American
7-20
7-
Machine
American Maize
6-
(quar.l—_
preferred
5ft
Ltd.,
"Vi.au,
Co.
1
6-15*
$1.183/4
6-14
2
preferred (quar.)
(monthly)
Locomotive,
American
20c
preferred A (quar.)___—
4V3 7,
preferred B (quar.l_:—_____
United Stores Corp., $6 preferred (accum.)
2
7-
75c
66-
—
Inc.—-
Mines,
6-15
6-15
4ftft
7-
Leather—
&
5
7-
preferred iquar.)
American Machine & Foundry
7-2
(initial)_
434ft
Unah
25c
7%
$1.75
(s-a)
common
: 7- 2
6-15
6-
Bonanza
5-29
$1.50
preference (quar.)
Laundry Machinery Co
American
1
6-
6-11
:
$1.75
(quar.)
6-
6-11
$1.50
(quar.)
preferred
6-30
(quar.)—;r~
B
Class
12'ftc
/
6-12
6-15
——
-a
*
—
$6 preferred (quar.)
Blumenthal (Sidney) & Co.—
7ft preferred
(quar.)„
—
Bohn Aluminum & Brass Corp
——
Bon Ami Co., class A (quar.)
—
4
6-
2
25c
American
2
7-
Co.
Bond. Stores,
Co
SS.
preferred
conv.
$2
6-15
6-29
Insurance
40 c
Home Products
5ft
6-29
7ft
Co.,
6-15
5-16
Investment Co. of Illinois—
5-31
6-15
$2
Foil
S
Hide
convertible
6ft>
60c
preferred—
6-30
15c
American
6-10
2
7-
3c
—
(quar.)
5-31
7-14
Felt, common
American-Hawaiian
American
$1.75
Co.
5-18
6-15
(quar.)
American
—-
6-11
25c
$1.12 V2
-
1
6-12
2
2ft c
Block Bros. Tobacco Co.,
preferred (quar.)
preferred (quar.)
1st
2nd
$6
4
6-25
12ftc
$4.75
U
6ft
'
6-15
2
7-
$1.75
(quar.),
Carbon
United
6-16
6-
25c
,—
5-18
common
6-15
common
preferred
United
Corp.,
6-26
25c
(s-a)
6-11
$1.18%
6-15
93 % c
quar.)
A
Blaw-Knox
6-
2
7-
5
6-
7- 2
7-
t
Rec.
$1.50
(quar.)—.——
Co——
Brewing
6-15
Insurance Co.
&
Decker Co.
&
Blackhawk
2
Texas)
(Houston,
Black
5
7-
(quar.)
American Hardware Corp.
(quar.)
50c
common
5-31
6-13
$1.50
(quar.)
General
American
American General
Corp.—
(s-a)
Co.,
7'>
9
6-12
6-15
$1
$1.50
.——;
3c
—
(initial
Corp.,
Royalty
common
25c
common.__
preferred
Toklan
Hoe,
&
25c
iquar. >_
Associated Oil
Water
$3.75
9
6-
<
Fork
preferred
4% ft
6-
6-20
30c
•
41/2ft
6-15
6-20
preferred
T'de
preierence (quar.l
American Gas & Electric Co., common
(s-U)
(quar.)—
Co.,
6-20
6-20
Temple Coal Co., $6 preferred iquar.)
Tennessee Alabama & Georgia Ry
Tnew
6-30
50c
______—;
2nd preferred
6ft
preferred
1%
American
25c
Tool..—
Machine
Power,
6-23
6-15
2
1
8-15
$1.75
$1.75
of
6-
$1.50
8
$1.75
9
31 ftc
,
Tappan Stove Co.—:
Tolluride
'
7-
7-
68-
H older
6-15
2ftc
5-10
6-30
(accum.)
preferred
$7
4
6-15
6-12
(irregular)—,.—
common
American & Foreign Power,
6-19
4
6-
6-22
$1.25
preferred : (quar.)—-—$6 pfd. (accum.)
6%
6-
■: 7- 2
50c
--
__—
:
$1.50
75c
—
preferred iquar.)
Submarine Signal Co. iquar.)
—
6-30
7ftc
25c
—
15c
—
.
#1.28
Sundstrand
6-16
"
Co
Corp
Engine
American Felt Co.,
7- 2
25c
I2V2C
(quar..) —
20c
Products
Sterling
iquar.)
Ltd.
American Factors,
6-15
6-28
50c
Co...;—
S.)
Co. iquar.)__
Engineering (quar.)
Sierchi Bros. Stores, Inc., 6ft pfd. (quar.).
Oil
S.ayton
Steel
preferred
5ft
6-30
2
7-
.$$2
Securities Co..
European
preferred (quar.)—
Export Lines, common
$6
American
6-27
$1.25
6ft ft pfd. (accum.)
Standard Steel Spring Co.__
:
Fuel Co., Ltd.,
Si.arrett
2
7-
5ft
American
Square D Co., common—
5ft
conv.
preference (quar.
Standard
7-
$1.25
______———
preferred
$6
6-12
Telephone—
Southwestern Associated
Co. (N. J.)—
Cyanamid Co., common (quar.)_—
preferred (quar.)—
---
American
6-12
7- 2
7-
50c
Brewing Corp.————
Bethlehem Steel Corp., 7ft pfd. (quar.)
;
Birmingham Electric, $6 preferred iquar.)__
$7 preferred (quar.)——
Birmingham Water Works, 6ft pfd. (quar.)
Bishop Oil Co. (quar.)
—
1
•
25c
Berghoff
6-
6-15
20c
American Colortype
2
$1.50
——~—
—-—-
(quar.)_
preferred
$6
-Typewriters, Inc.—
& Corona
(Lv C.)
Smith
vf Rec.
Payable
Share
Name o! Company
Name of Company
of Rec.
Payable
Share
Name of Company
Holder»
When
Per
Holden
When
Per
;
Corp
Beneficial Loan Society.
Malleable Industries——
Benton Harbor
5c
6-
I
5
5-25
5-31
Central Cold
Storage Co.
Illinois
preferred
preferred
Light,
iauar.)__
4 ft ft
pfd.
(quarZ)ZZ
(accum.)
7-
2
$1.50
Central Kansas Power Co.. 4%ft
Central Patricia Gold
Dfd. (quar >
Ltd.
(quar.)Z,
6-15
$1.50
(accum.)
Mines,
$ l.J2ft
6-15
$1.19
:
$3c
7-15
6-30
6-
1
6-20
5-19
5-19
6-30
6-
5
Number 4393
161
Volume
THE COMMERCIAL & FINANCIAL
CHRONICLE
Per
Name of
Share
Company
rpntral Maine Power Co., 7'A pfd.
(quar.)
of Rec.
7-
6-11
holders
2
Per
Name of Company
Cornell-Dubilier
2
7-
2
6-11
62'Ac
Inc.—
rentral & South West Utilities Co.—
7-
7-
2
6-11
6-30
Cosden Petroleum Corp.—
5%
convertible
preferred
6-20
Crane
15c
6-11
$5.25
Creameries of America, Inc.
5-31
Creole
Crompton & Knowles
6-20
5-31
$1.50
6-20
5-31
75c
6-20
6-
Central Vermont Public Service Corp.. com._
27c
6-15
5-31
7-
6-15
--
$1.04
preferred
7
Century Ribbon Mills, Inc. (quai.)
Chaiiiberlain Co. of America
$6
1
15c
6-15
66-
37'Ac
Paper & Fibre Co., com. (quar.)6% preferred (quar.)—_—_
rhaoman Valve Manufacturing
(quar.)
Champion
Chesapeake-Camp Corp., common (quar.)
5'/i preferred (quar.)—
Chesebrough Manufacturing Co. (quar.)
6-30
6-20
25c
(quar.)
6-30
6-
7
7
$1.50
7-
2
6-
50c
7-
2
6-20
15c
—
6-21
57c
6-10
$1.25
7-
R-y
Co.
(qu&i.)-.
6-20
Cuneo
6-25
6-
1
6-
1
7-
6-
2*
2
2
,
dividend-(one share of Pittston Co.
for 40 shares of C. & O. com¬
mon
held)
Stock
—.—--—*
—
7-
-
A
class
$2
Chicago
laccuin.)—
Flexible
2
6-
6-26
$2.50
& Quincy RR. Co. (irreg.)
Chicago Electric Manufacturing-—•
Chicago Burlington
2*
6-12
7-
35c
Shaft—-----—-----—1~-•
6-20
2
preferred (accum.)—
Chicago Mail Order Co
Chicago Mill & Lumber Co. (quai.)
Rivet
rhica°o
Machine
&
15c
Co.
6-
1
6
Dejay Stores,
6
7-14
6-
7
De Long
Extra
10-15
9-
6
Delaware
5-28
Delaware
&
7-
2
6-15
Delaware
Power
6-14
5-19
Delta
35c
6-15
Cleveland
$4.50 preferred
57c
6-30
Detroit
7-
2
6-18
Devonian
7-
2
6-25
Class
B
1-2-46
12-24
$4.25
preferred
Graphite
Cleveland
1
6-14-
6-
6-15
5-28
6-15
5-28
2
6-15
7-
50c
Bronze,
(quar.)
Steel
Water
Works,
Cluett
Peabody
Co.
Chemical
7%
Co.,
&
preferred
6-
2
Diana
6-
2
-
6-15
6-30-
Stores
67c
Common
5%
1st
Co.,
~
8
%
-
Doernbecher
Manufacturing
Ltd.
Dominion Dairies,
preferred
preferred
'
7-
25c
Co.
$5
preferred
$2
Common
7-16
6-30
$4
7-16
6-30
Gas
Continental
Can
Co.,
Motors
Continental Oil
$1.50
7-
2''
6-11
G-ll
7-
$1.75
6-11
J"
2
5-25
6-15
Co.
de
I.)
6-25
'
^
9-25
6-
1
6-
4
Eastern
Massachusetts
6-
1
v
6-15
6-30
2
.v
6-15
5-
6-15
4
6-27
1
jjfrfar
57c
conv.
6-15
67A
conv.
6-15
Electric
6-15
Electric Ferries,
7-
2
2
2
30c
^-
6-15—*•
2
1
.
5-25*
....
6-15
6-15*
1
4
40c
6-2^,—
6-
25c
7-
2Y-- 6-15
$1.75
7.
2^*6-15
4
$1.62%
75c
6-29
50c
6-11-
■
Copper Range Co._
5
+35c
$3
2
6-
9
6-11
6-
1
6-29
6-15
6-1]
Kentucky Natural
Fraser Co., Ltd. (quar.)
5
6-
7-30
6-
Service
Class
6-30
7-16
7-
2
2
Gair
Corp.,
A
(Robert), 57c
preferred
(Julius),
Extra
7-15
7-
2
C-15
6-
2'Ac
6-15
6-
C-15
r-15
6-
6-30
8
7-16
8-
6
7-16
15
5-31
<15
6-1
7-
2
6-
2
6-15
6-
4
Gemmer
6-12
6-
1
6-15
5-21
7-
2
7-
Manufacturing,
pnrticpating
General
6-30
(quar.)
(quar.)—
6-15
General
6-15
General
General Box
7-
2
6-15
General Bronze Corp.
General Candy Corp.
7-
9
5-25
General
Cigar Co.,
Electric
6-30
6-15
1
7-13
(quar.)
class
B
A
25c
o'?C
Co.
preferred
Mills,
6-15
5-22
General
Motors Corp.,
6-30
6-15
General
Outdoor
6-11
5-25
General
Precision
6-15
6-
5
-31
2
7-
2
6-16
6-5
6-
1
7-
2
6-
9
6-12
6-
1
6-15
6-
5
6 -' 5
6-14
7-25
6-
9
6-22
5-29
preferred
6-20
7-
6-20
7-
General
6-16
(quur.)
$1.25
Corp
————7—
57c preferred (quar.)—
$1.25
7-
6-
8*
(quar.)-
$1.25
8-
7-
9
Advertising Co., common—
25c
6-15
5-29
25c
6-15
6-
25c
7-
2
6-11
7-
1
6-11
Inc.,
$5 preferred
.
Equipment Corp
Railway Signal, common
prefened (quar.)
2
6-15
General Refractories
6-12
5-25
General
6-15
6-15
1
7-
General
2
-31
6-11
25c
General Instrument
6-11
1
15
6
6-21
jjoc
common———
General Industries Co., 5Ve>
7-
2
2
40c
7-10
$1.12'A
7-
2
Co.,
5-28
6-15
1
2
2
(quar.)
6-15
2
8
7-
7-
25c
common
7-25
7-
6-15
6.-30
1
(quar.)
General Fireproof lug
6-15
6-
,:)
C
2Uc
-
(quar.)
Inc.,
6-10
6-r'0
(
250
52 Ac
$2
13%c
1
(quar.)
0
75c
(quar.)—
(quar.)
Co.
7-16
75c
5-29
6-15
+20c
Transportation (quar.)—
Baking Co., 8% preferred (quar.)-Bottlers, 55c conv. preferred (quar.)
5-19
6-14'
C-12
6-
J$h2a
preferred
2
6-
25c
quar.)-
American
6-10
6
5
30c
Gay lord Container, common
5'A 7o preferred (quar.)—
7-
4
12'Ac
Joe
2
50c
5-31
6-
^'nC
1«°
7-
$1.50
6-15
10c
(quar.)
$1.25
s-a)
6-30
25c
preferred (quar.)
5'A7c preferred (quar.)
6%
"0
6-
-
preferred
15c
(s-a)
6-15
7
6-
(s-a)
7-15
6-14
6-15
6-
$1
57c
17c
2
2«'C
com. (increased
6-15
.
7-
6-12
6
7-16
8-
2
f -15
(irregular)
Manufacturing
5'A'A
$3
7-
( -15
Investors
class
Garrett Corporation
Gatineau Power, common
5
6-20
6-15
C-15
common
7-
6-
5-26
2
2
25c
-
Gabriel Co.,
G-ll
«-10
7
7
2 .'aC
Co
Gas
A
Fundamental
30
5-21}
7-25
Frankfort
Fulton
6-11
6
12Vac
—~~~——
—
Extra
25c
<quar.)
Iron
Co
Co
4
6-20
6-
5
6
5
6-
8*
$L25
7-
2
6-15
5l.au
Reinsurance Corp.—
Georgia Power, $5 preferred (quar.)
67c preferred (quar.)
7-
2
6-15
—
5-25
♦
50c
—
Street
—
General Water Gas & Electric Co.—
Electric
preferred (series 1941)
(series 1938)
Auto-Lite
Household
7-
2
6-15
Girdler
$1.50
7-
2
6-
5
7-2
6-
5
Gleaner
7-
3
6-18
Glen
Alden
6-30
6-15
Glen
Falls
Glidden
7%
*25c
12'Ac
Railroad
14
5—11
1
^6- 1
57c
5%
Evans
of
preferred
preferred
Products
Harvester
Coal
6-15
5-31
6-15
5-31
5-31
Globe
7-
2
6-15
Globe-Wernicke
6-30
6-20
50c
$1.50
2
4'A%
f»c
(New
York)
(quar.)—
*Cn
7-
6-
2
6-18
6-30
6-12
Goodyear Tire & Rubber Co., common
70c
7-14
G-29*
Gordon
GOc
7-14
6-29*
Gorham
6-
Gorton-Pew
$5
F.)
(B.
preferred
2
6-22
Grand
Rapids
56 'Ac
7-
2
6-22
Grand
Union
$1.25
7-
2
6-14
Grand
Valley
$1.37'A
7-
2
6-14
Grandview
$1.50
7-
2
6-14
Graton
Great
Co., Ltd.
Varnish-—
Brewing
Knight, $1.80 preferred
American
Indemnity
(N.
American
Industries
(s-a)—
—
Y.)
5-31
Great
6-15
5-31
Engineering Works
—
—
Great Northern Railway Co., pfd. (increased)
Great West Saddlery Co., Ltd.—
67c 1st preferred (quar.)—
67c 2nd preferred (quar.)
—
Great Western Sugar, common (quar.)
8-17
(quar.)———
$1.25
12-
1
11-16
Co.
12'Ac
6-30
6-20
30c
7-16
7-
(quar.)-—--—--
Eversharp, Inc., common (initial quar.;
57c preferred (quar.)
'
25c
7-
2
5
6-2(
17c
preferred
(quar.)
6-12
6-
2
6-? 5
6-
4
6-20
'I
6-12
5-15
6-' 5
6
1
-
6-20
6-15
5-15
6-' 5
5-15
6-1.5
5-31
6-15
6-
7-
'?
6-11
5-31
1
I
7-
6-14
1
6-22
6-
1
5-21
6-21
6-
5-15
90o
6-20
6-
3/2c
6-15
9-
6-12
6-' 5
Co
(s-a)—-—
Lakes
1
2
6-11
(increased)
Co.
Mines
6-15
$1.25
,
75c
A
50c
interest-
20c
50c
(qugr.)—
50c
Great
50c
*1-2»
-7-—
(quar.)—
Fisheries
6-15
7-
&
aoc
(quar.)
Co., class B
Manufacturing Co.
28c
7-
1
6-30
Oil
40c
1
«fc Co.. common
preferred..—
*25c
(quar.)
^sc
tqunr.)
Gocbel Brewing Co. (quar.)_
$5 conv.
L
6-
'l
—
60c
—
400
6-
f1.
•11
_
preferred
Goodrich
6-'l
7-
common—
7-
2
2
5-28
6
56,4c
-
6-18
6-15
1
7-
5
r
—
15c
$1.12'A
—
7-
I
6
c
Co., common (quar.)convertible preferred (quar.)
Co.,
7-V5
8
3uc
Co
Steel Tubes Co
17c
$1.25
(quar.)—
25c
Corp
$J-75
(quar.)—
Corp.
Insurance
6-12
25c
common-——-
beneficial
Corporation
62'Ac
class A
Co.,
Gillette Safety Razor, $5 preferred
62'Ac
1st
$3 non-cum.
Erie
(quar.)-
Gisholt Machine Co
$1.50
prior pref. (quar.)
Utilities
6-
*25c
--
Inc., 6%
1
Banking Co.
6-16
$3.50
(quar.)_
(quar,)-
Co
6-25
Geo3rg\aeRR.e&
Railway
preferred
Certificates
6-29 ..^r-^.,6""14
6-10
„2C
Fox De Luxe Brewing Co. of Mich.
(quar.)-.
Frankemnuth Brewing Co. (quar.)
7
6-
7-
7-18
6
25c
—-
—
20c
(quar.)
preferred (s-a)
67c
2nd preferred (s-a)—
Empire District Electric Co. (quar.)—
Emporium Capwell Co., common (quar.)
4'A7p preferred A (quar.)————————
Engineers Public Service, $5 pfd. (quar.) —
$5.50 preferred (quar.)
$6 preferred
(quar.)—---------—
English Electric Co. of Canada, Lta.
6-
6-10
5-25
7-
8-
Ely & Walker Dry Goods—
6-
20c
6-15
1
$1.25
—
8
6-25,;,-
62'Ac
$1.50
37'/aC
Brewing Co. of Indiana (quar.)
$1.25
---
8
6-12^.--
■*
1
6%
*25c
*25c
11
oC
Fox De Luxe
$1.12%
common
iquar.)
5-31
10c
"
-7--
Elgin National Watch Co
7
El Paso Electric, $4.50 preferred (quar.)
El Paso Natural Gas Co., common (quar.)
20c
.
5
6-
25c
Canada
General
6-
::•*
2
2
7-
8
6-15
30c
6-
6-15
7-
93% c
6-
6-15
3
6-21^
7-
5-31
*62'Ac
preferred (quar.)Easy Washing Machine, Ltd. (s-ai^—
Eddy Paper Corp
7—
Edison Brothers Stores, common (quar.,—-
6-11
90c
$1.25
of
8 7c
67c
■
2L»r
$1.12 '/a
Co.
$1.12'A
preferred (accum.)
Eastern Steel Products, b7c pfd. (quar.)—Eastman Kodak Co., common
--
7-
56'Ac
5
6-
r
(quar.).
Four-Twelve West 6fh Street (year-end)—
Fox
(Peter) Brewing (quar.)
5-31
6-11
37'Ac
Co.,
6-
t-15
(quar.)
75c
&
5-19
6-15
6-15
(quar.)
common
prior preferred
Foundation
5-19
_
6-23
7-
Wheeler Corp.,
25c
67c
fl5c
8-10
15
4
$1
-
60c
preferred (accum.)—
41/2% prior preferred (quar.).
2
7'Ac
B
60c
—
67c
7-
7-
1
6
6-
f.'O
ordinary (annual)
Canada, Ltd., class A
of
*$1.25
(quar.)
(initial
Malleable
7-
57c
Fuel Associates—
Eastern
$1
9-
G-ll
*35c
(quar.)——
Airlines
*20c
(Del.)
common
preferred
5
6-15,
(quar.)
$6
Eastern
Eastern Gas &
8
$1.12'/2
9
6-
*44c
Corp
preferred
RR. Co.
6-
30c
*
Mahanoy
6-
r
25c
_"
East
Ltd.,
Foreign Light <fc Power Co., G7o pfd. (quar.)
Foster & Kleiser, 6'A
class A pfd. (quar.)—
Foster
6-18
50c
Ford Motor Co.
Class
2
15°
75c
Chemicals
&
2 >
1
(quar.;
Plastics
7-
^
Motor,
6-18
7-
6-15
Co.
75c
Nemours
6-15.
8-
1
Ford
2
40c
Ford Hotels Co.
6
6-22
20c
(irregular)
(quar.)
6-28
$1.25
5
7-
62 Ac
—
East Tennessee Light & Power—
6-3°_
(Chifjy£LJJ
(interim)—-
7ZZ~,~~ZZ\Ynnfir
Cooper-Bessemer Corp., common
$3 prior preferred (quar.)
preferred
(E.
preferred
Eagle-Picher Lead Co.
25C
cum.
Pont
$4.50
Duquesne Light Co., 5%
5-15
7-
(quar.)
Machinery Corp., common (increased)$4 preferred (initial quar.)—
25c
Dunlop Rubber Co. Ltd.—•
Ordinary registered (final)
Dunlop Tire & Rubber Goods Co., Ltd.—
57c
preferred (s-a)
Duplan Corp.
Du
(quar.)
common
$2,50 preferred
6
5-28
(.-11
2oc
(quar.)-;
Fair Stores,
11-20
6-11
50c
(quar.)
—
common
6"15:S
12—31^.* 12-24
B
I
15c
/|c
class A
Preferred
(quar.)
60c
Continental Telephone Co.—
57e
preferred
19-
5
50c
-
$1.75
Inc..
6-15i
40c
8-
20c
(quar.)
Bradstreet,
8-20
Fostoria Pressed Steel
common
preferred
&
*4c
Corp-
Copperwcld Steel Co.,
17c
25C
common
participating preferred
preferred, (quar.)—— T
Duke Power Co.,
Dun
Duval Texas Sulphur Co.
$1.18%
8-15
25c
(initial)
1
15c
Food
6-20
6-
(quar.)
Realty
1
—
$1
Inc.
Co.
Street
1
9-29
5
7-
(quar.)
6-
*81.50
7-
$1.50
(quar.)
6-
*$1.50
_
,
(quar.) —
5-31
Class
5-31
Co.
6-
9-
17 Ac
*$1.75
Durez
*$1.50
Continental Steel Corp.——
6%
6-13
6-27"..
7-
6-3C.
$3.75 preferred (initial quar.)
Continental Diamond Fibre Co.
*
.
25c
$4.50 prefened
preferred (quar.)
Continental Assurance Co.
7%
5-31
6-15
15c
-
6-15
6-11
6-15
common
Industries,
4 'A 7c
-
$5
Continental
Dresser
1
6-14
2?
Co.,
Draper Corporation
9
50c
class
6-15
$1.75
(quar.)
preferred A
6-
"*r"
AJqpar.J
s3-f° piplef
(Reading. P< ■'
Co.
Consumers Power,
Chemical
6-
7-
.
preferred series B (quar.)—
4% preferred series C iquan)------- -—
Consolidated Gas Utilities Corp.
Consumers
preferred
6-30^.
•
Consolidated Press. Ltd.
Consolidation Coal Co.,
17c
6-30
*$3
4%'A
6-15
6-30
C/C
<*
(quar.)—
2
6-15
*
75c
—
common
Shoe
5-25
Dow
preferred
Consolidated
Co.,
12-24
Ltd. (quar.)_
Textile, Ltd., common (quar.)—
Driver-Harris
(accum.)-.-—------r^utT-^
Gas El. Lt. & P
Florsheim
7-
5-31
4-18
•
Co
7-
Stores,
Drummond
Consolidated Film Industries, Inc.
Florence Stove
6-30
5
(quar.)
FUntkote
1
*.30c
5%
15c
preferred
2
10-
12-24
6-15
25c
7-
1
Co.,
5
9
6-30
(quar.)—
2
1
6-15
5-31
preferred
6-15
2 Ac
(quar.)-
7-
5-31
57c
Ltd.,
62'Ac
(Quar.)——-----------Consolidated Edison Co. of New York, Inc.—
$4.75
17c
2
20/p
—
Philadelphia (stock div.)
10-
1
2
v
preferred
8-
10c
Consolidated Cigar Corp., common
5-25
17c
6-20
7-
50c
(quar.;
G-ll
Fund—.
of
Fitzsimmons Stores, Ltd.—
8-
6-15
<fe Light
Co.
Consolidated Biscuit
6-11
*20c
5
—~
6-30
1
* 15c
6-
(Toronto)
Fireman's Fund Indemnity Co.
(San Francisco, Cal.)
(quar.)
5-28
5-31
(quar.)
Malting Co.,
(quar.)
6-
Quarterly
Quarterly
Quarterly
•—--7
"
Congoleum-Nairn, Inc. (quar.)
Conlaurum Mines. Ltd. (s-a Ji—--"
Connecticut Light & Power ^..common—
Consolidated Bakeries of Canada, Ltd
6-20
6-
*$1.25
2„.
$1.25
Confederation Lite Assn.
2
6-20
(quar.)-_Industrial
preferred (quar.)
Common
7-
"
6-11
(s-a)
7-
6-15
B
Association
Dominion
Dominion
Corp.
preferred
Fire
Galvin
6-15
$1.37'A
participating
Financial
Garfinckel
6-29
"
5
Class
6-15
6-20
6-27
30c
preferred (quar.)—-preferred (quar.)-—
Community Public Service (quai.)
Compo Shoe Machinery, common
$2.50 preferred (quar.)——-Confederation Amusements, Lta.
6-
6-11
2
2
6-27
6-29,
$7
6-15
Co
7-
7-16
$1.06'A
.$6
Ipe
6-25
Coach
7-
7-16
50c
oufs"l
(Louis
5
*$1.25
2
6c
Insurance
7
6-
*$1.75
tlOc
Ky.)
6-
6-15
7-20
—
25c
(quar.)
7—""
& Stamping
6-14
15c
Avenue
pfd. (quar.) —
Dominion Foundries & Steel, Ltd. (quar.) —
Dominion Glass Co., Ltd., common (quar.)_
77c
preferred (quar.)
Dominion
+
YTminVT
(quar.) —
(quar.)-Commonwealth & Southern
87c
Mines,
6-20
"**,
common
Solvents Corp.
Commonwealth Investment
Commonwealth Watei
6-20
2
2
75c
Commercial Shearing
Life
77-
2
6-12
6-30
$1.75
Commercial
Commonwealth
6-12
I-1®' 11-
$1.50
(quar
Co.,
6-12
2
$1.06'A
(quai.;
common
Bookbinding
Credit
2
712-
75c
—
^.
Alcqhols, Ltd.,
7-
25c
—
50c
Fifth
25c
Dome
$5.60
common
6-
6-15
——
3
6-21
Finance Co. of America at Baltimore—
Class A (quar.)
6 2'Ac
6-15
6-20
6-15
(quar.)
3
25c
»
1-i.-
—
Enamel
6-30
75c
7-
60c
6-
7-10
6-
2
35c
(s-a)
6-11
7-15
.
6-22
7-
$1.06'A
Company
5-25
5
5-31
7-
—
(quar.)
6-12
5
—-
6-15
25c
6-12
2
6-
$1.75
(annual)—
9-30
t$1.25
6-15
6-11
——
—
7-10
*55 'Ac
7-
6-20
50c
(quar.)—
7-
(increased)-
(quar.)
7-
6-30
6-20
6-
Corp.
6-18
6-15
5Jc
15c
75c
preferred (quai.)
Commercial
ville,
Dobeckmun
2
6-30
t3c
25c
Extra
5-30
(quar.)
Cup, $2.50 class A
10c
25c
25c
6-15
(quar.)
preferred
—,
Corp.-..---—_
35c
$1.50
Ltd:/„s"a)7j"""("7"",
'
Commercial
41/4</r
6-22
31'Ac
(quar.)
----—7
Co
$1 participating
-
7-
$3
Plow
Extra
Dixie
57c
Doehler-Jarvis
Colgate-Palmolive-Peet, $4.25 pfd.%qua:r.)
Colonial Ice Co., $6 preferred (quai.)
$7
preferred (quar.)--7
Columbia Baking Co., common (quai.)
Commercial
6-15
—
(quar.)—-
common
(s-a)
Cockshutt
6-25
2
5-29
Fidelity & Guaranty Fire Corp. (Bait.) (s-a)
Fiduciary Trust Co. of New York—
6-15
Divco Corporation
$1.75
$3 Class A
Coca-Cola International Corp.,
Class A
6-15
& Electric—
preferred
Coca-Cola
6-15
7-
6-25
6-20
Ferro
25c
(quar.)—
7-16
9
P-ll
Food
—
common
9
6-
8-15
6-16
Corp.-Seagrams, Ltd.—
6-30
Brewing
Foote-Burt
com.
6-
6-30
*$1.50
5-25
3
75c
quar.)
6-30
6-16
7-
$1.25
—
9-15
6-20
—-
6-29
$1.12'A
(irregular)
1
75c
10-10
$1.75
(quar.)
2
6-11
50c
Car
Corp.,
preferred
Distillers
50c
(inteum)
common
Fernie
7-
7-10
50c
(quar.)-—.
$1.75
(quar.) —
(irregular)
Motor
25c
(quar.)——
Coast Counties Gas
pfd.
participating preferred
T
preferred
$1.75
(initial
$1.75
(quar.)
preferred
7rc
(quar.)
1%
Dyeing
$1
(quar.)
(increased)
20c
Clfnton
Clorex
pfd.
Giorgio Fruit Corp., $3 partic. pfd. (s-a)Diamond Match Co.—
67c
United Cleaning &
Extra
50c
Co.,. 47c
Di
Diamond
2
30c
—
'
6-15
10-
(interim)
$1
(quar.)
Inc.
Ltd.
Fenton
5
25c
Co.
Petroleums,
25c
Corp
Oil
Dewitt Hotel,
6-12.,
$1.25
preferred (quar.)
Climax Molybdenum Co.
Federated
250
preferred (quar.)
6-12
50c
common
.5%
1
Detroit-Michigan Stove Co.—
6-15
7-
$1.12'A
(quar.)
5
*$2.50
(quar.)—.
7-
$1.25
common—
2
6-
$2
6-15
6-15
$2.50
(s-a)
Fire Insurance Co. of Canada (s-a)_
10c
Detroit & Canada Tunnel Co.
75c
Illuminating,
Electric
6-13
8-
6-30
37Vac
Federal Mining & Smelting Co
Federal Motor Truck Co,—-——
Federal Water & Gas Corp.——
Detroit Hillsdale & Southern Western RR. Co.
30c
common
8
6-
$1
-
Dewey & Almy Chemical,
(quar.)
6-
preferred
$1.50
1*
$3.50
Co
.6-30
6-15
37'Ac
1
5-31
6-30
9
^5c
57c
25c
9*
2
37'Ac
25c
Federal
75c
15c
—
(quar.)
6-
6-14
9
common
1
Canada—■
8-
$3.50
Clark Equipment Co.,
of
Shops,
8
6-
6-
$1.37'A
7% 2nd preferred
.
Bake
6-
6-15
2
15c
6-
$2.50
(resumed)
6-
6-30
7-
$1.75
2
9-15
1
6-30
Semi-annual
City of Paris Dry Goods Co.
17c 2nd preferred
6-15
.7-
25c
—
preferred
6-11
9
7-
12-15
Federal
*25c
(quar.)
Denver Dry Goods, 4'A 7c
preferred
Denver Tramways, 1st preferred—
(Washington, Pa.)—
6-
37Vic
9-29
5
6-20
8-10
30c
5%' preferred
7
6-
2
12-20
Quarterly
Manufacturing Co.
6-20
(initial)
1',,
9-17
2
7-
$1.25
11-
2
(quar.)
Corp
Dentists Supply (N. Y.),
17c preferred
(quar.)
1
7-
$1.25
11-15
2
(quar.)
Lt.
10-
$1.25
Fodders
7-
Air
7%
3c
20c
(quar.)—
6
7-
50c
(quar.)
(quar.)
Controller
6-
6-23
&
5-15
(quar.)
8-
25c
,
Hudson Co.
6-28
preferred
6-19
$1.75
Corp
:
6-15
37'Ac
preferred (quar.)
Farmers & Trader3 Life Insurance
(Syracuse,
N. Y.)
(quar.)—
35C
common
4
2
preferred
8-15
$1.75
.
(quar.).
Hook & Eye Co.
6-
7-
$7'Ac
$5
6-30
(quar.)——
A
4
6-13
$5
6-15
35c
—
Deisel-Wemmer-Gilbert
new
6-30
—-—
25c
investing6'Co.?'*5%%"preferred (quarj-
Clark
1
12-
8-15
11-15
6-13
2
25c
Fund, Inc.
6-15
1
7-
50c
common—_
Corp.
Cohn
6-
$4
City Auto Stamping
City
&
6-
$1.25
----
preferred
7%
(Alfred.)
6-20
9-
6-14
5-31*
75c
—
(s-a)—
6-20
$1.25
6-25
6-15
$1.12'A
—
Quarterly
Deep Rock Oil Corp
Pac. Ry. Co.—
Citizens Utilities
Citizens Water Co.
preferred
5-25
$1.75
Ry.—
Corp. (quar.)
Street
(quar.)
(quar.)—
Securities
6-15
--
Financial
&
25c
Orl.VTex'as
class
6-
41%c
Brewing Corp., 67i preferred (s-a)
Family Finance Corp., common
$1.50 preferred class A quar.)
$1.50 preferred class B (quar.)
Fanny Farmer Candy Shops (quar.)
Fansteel Metallurgical Corp.—
$2
(s-a)-
(quar.)
Inc.,
Corp.
$22
preferred (quar.)
T
I
Ltd.,
25c
common
Common
C
Frere,
Chemical
$1
5% preferred (quar.)
Cincinnati
&
Davison
Co.
Mills,
Decker
6-15
6-14
6-15
Corp—
Fa I staff
12'Ac
(quar.)_—
6-15
75c
5%
Hosiery
preferred
57c
5-31
6-25
9
6-15
Company
12'Ac
(quar.)
Co., com.
preferred
Stores
6-30
30c
(quar.)
CinUnnaU New
Fisher
$1.75
—
Securities Co.,
preferred
7%
4'A 7c
20c
—
Quarterly
Towel Co., common
$7 preferred (quar.)..——
Chickasha Cotton Oil (quar.)
Quarterly
Inc.,
30c
Chicago
Christiana
&
Davenport
9
6-15
Buffet
—
preferred
Clinton RR.
!
Debentures
6-
5-15
$1.25
Dayton Malleable IronDayton & Michigan RR Co., 8'A pfd.
& South Bend RR.—
Chicago South Shore
(quar.)
6-14
2
9
25c
(quar.)
6-20
7-
6-
6-22
5
6-
6-30
$5
common
—•
17c
6-30
Fairchlld Engine & Airplane, pfd. (initial)—
Falconbrldge Nickel Mines (interim)
56'Ac
—
6-29*
62'Ac
■—
(quar.)
Publishing Co., $4 prior pfd. (quar.)
Curtiss-Wright Corp $2 class A
Cutler-Hammer, Inc
Dallas Power &
Light, 17c preferred—'—
'
1
50c
6-30
Chicago Great Western Railway Co.—
5%
Press
David
50c
-
Port
(s-a)
Daniels
common
6-
25c
Curtis
6-25
75c
•
&
Extra
$1
Exolon
6-15
America—
preferred
Crum & Forster, 8 7c
25c
Ohio
of
conv.
Culver
Exchange
1
2
6-
6-30
15c
I°c
2
6-15
of Rec.
65c
(Syracuse, N. Y.)__
6-
25c
Crucible Co.
Co.
6-
7-
holders
6-15
(quar.)—
6-14
$1.50
—
Payable
30c
15c
Ex-Cell-O-Corp.
Works—
When
Share
6-25
50c
Loom
Company
Co.
12'AC
(quar.)
(quar.)
Crown-Zellerbach Corp.
convertible preferred
Plantation
$1.25
Crown Cork & Seal Co., Inc.—
$2.25 preferred (quar.)
chain Store Products Corp.—
6-22
Ewa
25c
Extra
1
7-15
Name of
1
62'Ac
Corp
preferred
Crosley Corp.
Crowell-Collier Publishing
1
6-11
Petroleum
6%
9
15c
—
(accum.)
(quar.)
6-20
$1.50
-—
preferred
5-31
6-
Excelsior Insurance
(quar.)
$1.75
-
—
&
conv.
common
Per
of Rec.
6-11
$1.31'A
2593
holders
Payable
20c
common
(quar.)
6-20
prior lien preferred (quar.)
Accumulated
Wire Co., 6 A pid. (quar.)_
Extv&
preferred
Company,
5%
lien preferred (quar.)
php^aDG&kc
C
A
$1.75
rentral Steel &
Si 50
series
When
Share
Corp.,
$1.50
fientral Paper Co.,
$6
Electric
$1.50
preferred (quar.)$6 preferred
(quar.)—
5o/0 preferred (quar.)
Accumulated
Payable
$1.75
—
eV
$7 prior
When
1
8
10c
6-15
«
6-30
6-15
iso
6-13
6-
$1.50
6-21
5-21
6--»0
5-18
8
5-31
6-"0
«c
•r1*
5-31
7-
6-
7-
2
2
9
6- «
.
Monday, June 11, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
2594
'
Per
(Daniel)
7- 2
7- 2
(quar.)™—
.
•
$1.50
Copper..1.—,
25c
Wire Co., Ltd. .(quar.)*.—$15c •
Water System, 6% pfd. (quar.).
> $1.50
preferred
6'/n
Cananca
Greene
(B.)
Greening
Greenwich
6-15
6-1
7- 2
7- 2
25c
$1.50 >
.$1.10
7- 2
7- 2
6-15
6- 8
6-20
5-31
$1.50
6-29
if'i
.
---
$6 preferred
(quar.)—
Gulf States Utilities Co., $4.40.pfd. (quar.)Guilford Realty Co, (Baltimore, Md.)—
Power Co.,
preferred (accum.)——
6%
Hall
(C.
M.i
(W.
P.)
Printing Co.
15c
25c
20c
25c
15c
25c
Lamp Co.—
Hall
—
Haloid
Company
(quar.)——I—
——
cl. A partic. preferenceHamilton Watch Co., common (quar.)
Hammermill Paper Co. common iquar.).—
..4% '/o preferred (quar.)
Mfg. Co.,
Hamilton
'
Instrument
Hammond
(M.
Ilanna
Co.,
A.i
(quar.)
-
10c
25c
common...,
Harbison-Walker Refractories Co.—
preferred
6%
•
Ltd. (s-ai
Harnischfeger Corp., 5% preferred (quar.)5% 2nd preferred (quar.)
Harris-Seybold-Potter, common
(irregular)$5 preferred
(quar.)
Harrisburg Gas, 7% preferred (quar.)___—
Harrisburgh Steel Corp.
Harshaw Chemical Co., common ((quar.)—
Harnischfeger Corporation, common (quar.)_
Hartman Tobacco, $3 preferred (quar.)
Carpets,
Harding
$4
Hat
B
*
—
6-28
7-2
6-15
7- 2
6-15
Glass
Ilazel-Atlas
Co.
6-15
6-21
6-15
,
preferred
43%c
25c
(accum.)
A
Keola Mining Co.——
Heileman
Rubenstein,
Helena
15c
25c
Hibbard Spencer Bartlett
<■
.
(monthly)„
& Co.
Monthly
Kickok
Oil
Class
i
A
---
prior preferred (quar.)
preferred (quar.)
—
Light, common
7%
5%
Hilo
class
Corp.,
B
Electric
Common
Joseph
6%
5%
Paper Co.,
Paper Co. of Canada (quar.)
Furnace
(quar,,)
Co.
—
(quar.)
Sons, Inc.
(A.I
Hollander
—
(quar.)
preferred
Hinde & Dauch
Holland
common.
7-3
7- 2
6-15
(Henry)
-'$1
$1
Hoit
&
A
class
25c
(irregular)
Oil
(quar.)™2;
Ball
Hoover
Hoover
4%%
$1.12Va
20c
...
62V2C
$1.08%
Corp.,. $2.50 c.1. A (quar.)_
Houdaille-Hershey
5 </«
Houston Oil Co. of Texas. 5%
Household
Finance
Howard Stores
preferred
pfd. (accum.)
pfd. (quar.)—
Corp.,
5%%>
Corp;,
$2.25
$1.31Vt
40c
$50c
37 %c
20c
(quar.)
Smelting Co., Ltd.—
Humble Oil & Refining Co.
(quar.)
Hubbell
(Harvey), vine,
Hudson
Mining
Bay
&
$1.50
$50c
6%
6- 8
7-3
6-11
6-30
9-29
12-30
6-12
6-30
6-30
6-9
5-31
6-20
9-20
12-20
5-29
6-15
6-19
7- 1
6-11
$1.03 Va
7-2
6-4
preferred
(quar.)-—
—
class A (interim)——,
Ltd.,
Hunts,
Class
Huron
(interim)
B
Erie
&
—
—
—
(quar.)
Mortgage
Huttig Sash & Door Co.,
5%
7- 3
t$l
30c
$1.25
$1.25
$1.25
75c
25c
$1.75
common
6-30
7-3
$2
Humphreys Manufacturing Co.,
5-12
6-15
6-19
6-8
$50c
—
—_—
common—
preferred (quar.)
—
5%
preferred (quar.)_.
preferred (quar.)
Hyde Park Breweries Association, Inc
Ideal Cement Co, (quar.)—
Illinois Bell Telephone
(irregular)••••••5%
guaranteed (s-a)—
Illinois Municipal Water Co.—
(quar.)
Imperial Chemical Industrial,
4 %%
preferred
Ordinary shares
Ltd.—
5%
Imperial Life Assurance Co. of Canada (quar.)
7-21
7- 3
Interim
&
Common
$3
.
&
preferred
Industrial
60c
10c
1st
Insurance
Inter-City
Group
Common
participating
Series
Kildun
International
(quar.)—.
<quar.)._,_
Chemical
of
Department
$1.62%
pfd.
Inc.—
Co.
(quar.)
Investment
Foundation,
Kingston Products Corp.—
Kinney Manufacturing Co.,
preferred
$6
Kleinert
(I.
6-11
6-11
McKesson
6-
4
6- 6
7-18
Telephone,
0%
Melchers
Distilleries,
6%
6-
1
7-
2
Mercantile
6-
1
6%
6-
1
I
&
6-
1
-
6-12
6-12
1
6-
1
40c
$1.18%
25c
7- 2
7- 2
6-12
4%
—
—
6-30
6-15
7-15
1st preferred
conv.
7- 2
7- 2
6-20
$1
(quar.)_
5-18
40c
6-11
6-11
30c
6-15
5-?9
7-16
65c
6-20
2nd
$1.75
50c
20c
7- 2
6-15
6-23
10c
6-11
5-15
20c
6-15
6-
62%c
6-21
(quar.>_
(quar.)
preferred (quar.)
Kuppanheimer
(B.l <fc Co., Inc. (s-a)
Ltd. (quar.)___
Lake Shore Mines,
Lakey Foundry & Machine
Sessions
&
Lamson
$2.50
11-15
Co.
Lane-Wells
25c
6-15
6-14
$25c
7- 3
Leath
&
10c
7- 2
6-15
Co.,
&
Ltd.
Sons,
(quar.)
common
10c
Common
$2.50
preferred
$2.50
preferi'ed
62%c
(quar.)_
Fink
&
Products
Leightou Industries,
Salt
Leslie
8-
1
class
35c
A
6-14
6-15
6-
6-15
Glass
1
7-
preferred
conv.
(quar.)
31V»c
Liggett & Myers Tobacco, 1%
Lily-Tulip Cup Corp. (quar.)
pfd. (quar.)_
7-
$1.75
7-
37%c
Works,
Inc
Lincoln National Life Insurance Co
1
2
6%
preferred
7%
Class
B
(C.
6-12
5-31
&
Lindsay Light &
Link
Belt
Match
7-10
7%
pfd. (quar.)
(quar.)
preferred
A
Joint
6-15
6-
7-
(quar.)
75c
preferred
(quar.)
7-
6-
2
5
—.
$2
10-1
$2
1-2-46
(monthly)
Candy
<
Ltd.,
$1
g-30
6-30
66-
Star
7.14
Cement
Lone
Star
Gas
Corp.
(quar.)
6-30
isc
g-ll
7-
2
6-
Louisiana
Land
Louisville
&
Exploration
2
6-
RR., new (initial)
Mortgage Co. (s-a)
Ludlow Manufacturing & Sales
(quar.)
6-15
6-
6-13
5-
10c
6-15
6-15
6-
$1.25
6-29
6-
Lynchburg & Abingdon Telegraph Co. (s-a)_
Lyon
M
J
Metal
&
M
Products
&
M
(quar.).;
6-8
2
6-15*
6-13
Mack
-SI
7-14
.
\
6-23
6-
6-30
6-15
1
25c
6-30
6-19
$75C
7.15
e-15
5%
Macy
Structural
(R.
H.I
Red
Steel
7-
6-
Co.
(quar.)
Gold
Magma Copper Co.—
Mines,
5-
III
5-17
6-
J4C
•
"f
7-
6-
6
6-
1
2
5-25
6-15
'
v...'
6-20
5-31
6-16
6-11
6-
6-30
6-20
7-
2
6- 5
7-
2
15
7-
2
15
7-
2
2
1
15
7-2
15
6-12
31
6-12
31
7-
2
18
6-15
7-
5
2
20
6-30
15
6-15
1
'
7-
1
11
7-
1
11
7-
-
1
11
2
7-
6-15
37V2c
6-15
5-15
6-15
15
6-15
4c
37%c
25c
50c
20c
52%c
25c
35c
31
1
6-20
6-12
2
7-
2
15
7-
2
15
6-15
1
6-11
4
6-15
$1.25
$1.50
30c
l%c
7-
2
6-30
6-30
30c
6-14
$$1
$2
50c
62%c
t25c
12%c
6-15
7-
2
6-20
7-
2
6-27
6-30
6-14
7-
1
7-
1
6-14
10-
$$1.75
$$1.25
$$1.75
$$1.25
13%c
$1.75
25c
87%c
50c
*$1.75
$$1
$$1.75
1
9-14
1
9-14
10"
1
6-15
6-
7-16
7- 2
7- '2
*
6-15
2
6-15
7-16
6- 8
2
6- 8
6-15
5-15
6-15
5-15
$25c
6-30
5-22
6-15
5-31
7-16
6-15
3
6- 5
7-3
6-5
7-
3
6- 5
7-
7-
7-
5-25
:
7-
6-22
2
Class
National
v
(irregular)
common
—
6-22
1
7-15
6-15
6-11
5-14
6-15
5-15
6-29
6-15
9-
1
8-11
12-
1
11-10
6-15
$2
$1.18%
7-
2
6-
1
6-21
1
6-15
6-
6-30
6-14
6-28
6-21
9-28
9-20
$1.50
37l/2c
75c
25c
12%c
25c
12-28
12-20
7-16
6-30
6-28
6-15
$1.25
6-18
6-29
7-2
7-
2
6-
8
6- 4
6-16
6-16
6-16
C
preferred
Strauss
Duparquet.
pfd. (quar.)
6%
2
7-
2
6-16
$1.75
(quar.)
7-
50c
(quar.)
7-
2
6-16
37'/2c
7-
2
15c
15c
9-
1
Automotive
Biscuit
Fibres, Inc.—
preferred (quar.)
preferred (quar.)
Co., common....
Breweries, Ltd.,
preferred (quar.)
National
6-14
6-
6-15
$1.50
preferred (quar.).
(quar.)
convertible
National
6-15
25c
2
7-
$1.50
Corp...—..
convertible
National
5-31
6-28
12%c
Magnavox Company
7-
6-13
40c
class
National
4
6-15
•
6-20
.
(irregular)/:..
preferred
National
7 7*
2
g-15
40c
Ltd
2
.
35c
:
National
1
6-15
Corp.
6%
6-15
6-15
$$1.25
7-
America—
Manufacturing Co.,
National
Ltd.—
(quar.)
Lake
2
%c
(s-a)
6-20
20c
Co
(quar.)
Inc., 67*
67*
9-21
25c
i.
Co.,
7%
6-21
preferred (quar.).
preferred (quar.)
fit Bros. Co.
preferred
Nathan
12-22
Inc
preferred
Madsen
1
$3
Macassa Mines, Ltd
1
MacKinnon
2
g_15
3
7-
7-
Trucks,
710-
1-2-46
$1.62%
8
2
25c
Extra
2nd
2
j3C
Consolidated
7-
50c
$1.75
1st
■-
$1.62%
E.)
Kelvinator
5-31
$1.50
(F.
Nashua
1
$1.62%
8
6-
7-
40c
(quar.)
Nash
1
88c
Nashville
Louisville Title
6-
6-12
25c
(s-a)
(quar.)
.
10c
of
preferred
Nachman
8
(quar.)
6-12
$30c
common
Ring
Co.
preferred
8
7-
Piston
Chemical
Myers
5-18
25c
$1.75
Co., 4%7r
preferred
Mutual System,
6-11
Co
(P.) Co., common..
preferred (quar.)
7%
5-31
6-15*
$2
(initial >
Works, 8%
C.)
6%
6-25
37%c
iG.
67*
7
Corp
Lone
1
6-15
6-30
$1.75
$1.75
67*
7
6-30
common
—
—
(quar.)
Company,
Mutual
6-20
$$l
$$1.75
isc
Theatres,
(quar.)
(quar.)
Incorporated
(quar.)
Muskogee
12-22
(Marcus)
12-
in
(quar.)
common
Ltd.
Muskegon
9-21
(quar.)
6-15
6-15
Murphy
6-22
(quar.)___
preferred
5
in
preferred (quar.)
Muncie Water
8
preferred
(payable
(quar.)
Producers Corp.
$7 preferred
$7
7-14
1
7-16
$2
1
12-
9- 1
Mullins Manufactured Corp.—
5
6-
8-
$1.12%
5-31
8
Mountain
6-15
2
6-21
preferied
1%
Hotel,
^Mueller Brass Co.
17%c
(payable
Mountain Fuel Supply Co. (irregular)
6-30
50c
Pipe Co., 8%
Common
Co.
5-10
8%
Loew's
&
7-10
Little Schuylkill Navigation RR. & Coal Co.—
Lock
P.)
Royal
6-30
Liquid Carbonic Corp.—
4%%
(J.
6-11
$1.62%
6-30
6-15
Mount
(quar.)
(quar.)
Lines,
preferred
conv.
Morgan
(quar.)
(quar.)
class B
$$4
preferred
(quar.)
funds)
S.
$2.50
6-30
Co.
common
Moore-McCormick
Ltd.—
Inc
12-
5
25c
6272c
:
...
funds)
preferred
U.
$1.25
Co.,
Chemical,
Co..
7-10
Ltd.,
•;
(accum.)
6%%
Co..
IVe
Co.—
(quar.)
W.)
S.
5-31
6-12
25c
1
5
9-
$1.75
(quar.)
com.
common
preferred, class A
U.
5-31
50c
preferred
Corp.,
7%
10-26
(quar.)
preferred
Lindsay
1
6-12
(quar.)
9-
12-
$31V4C
$48c
$55'/2c
—
Inc.,
Mortgage
Montreal Telegraph
Moore
7-26
87%c
(quar.)
(quar.)
Lincoln Telephone & Telegraph
A
6-13
37%c
preferred
Class
11-
5
$1.75
Ltd.,
preferred (quar.)
Montreal Loan &
t
25c
common (quar.)
(resumed)
common
Light Heat & Power Consolidated—
Irregular
6-12
6-
1
8-
30c
Corp.,
(quar.)
Montreal Cottons,
6-15
6-27
30c
Service
preferred
—
Quarterly
Lincoln
Co.,
$3.50
7%
6- 8
9-
Montreal
6-15
50c
Chemical
Montgomery Ward & Co.,
$7 preferred
(quar.)
■
Locomotive
Lima
preferred
Monroe
5-26
6- 3
Ltd.—
(initial)
pfd. (quar.)
Monongahela Valley Water, 77c pfd. (quar.)
Liberty Aircraft Products Corp.—
$1.25
of America
Co.,
Monogram Pictures, 5%7c
6-18
6-11
25c
(quar.)__
(quar.)„
preferred
1
2
4% pfd. (s-a)
(quar.)
(initial).
preferred
5%>
5-19
$10c
——
preferred
5%
Ltd.
Knitting
7%
5-31
25c
40c
-
Brewery,
preferred
5%
7-14
(quar.)
75c
(quar.)
Hosiery Co.,
7%
9-15
25c
(increased):—
Corp.
Manufacturing Co.
Monarch
(irregular)
com.
Co., Ltd..
Molybdenum Corp.
6-15
7- 2
Line,
Public Service
Molson
9-15
1
Levy Brothers Co., Ltd
Libby-Owens-Ford
5
10-
(quar.)__
com.
Corp.
Inc.,
Company
1
Pipe
(Robert)
Mojud
4
62%c
(quar.)
Lehigh Portland Cement Co.,
Lehn
10-
Co. (quar.)
Mobile & Birmingham RR. Co.,
6-11
A.)
—
(irregular)
Mitchell
5-20
8-
11-
;
(quar.)
Missouri
5-23
$1
(quar.)
Bleachery & Dye Works
(John
Lang
'
25c
(quar.)
common
Co
Mining & Mfg.
B
Modine
5-31
6-30
Valley Canning Co.—
preferred
Class
4
25c
Co.,
Brewing
Missouri-Kansas
5-15
(quar.)
r
conv.
Mississippi River Power Co., $6 pfd. (quar.)_
7-13
7- 2
8-15
Machine
Common
Lanett
common
(quar.)__
preferred
Landis
Co.,
(irreg.)
6-30
6-30
5%
Kroger Grocery & Baking Co.—
Lunkenheimer Co., 6%% preferred (quar.)
6%% preferred (quar.)
fi%<&
preferred (quar.)
>
Minnesota
6-15
7%
7- 2
8- 1
Company
(s-a)
Refineries, Inc.,
Minnesota
5-19
$1.50
&
H.)
(S.
—
(s-a)
preferred
Minneapolis
6-20
1st preferred
—.——i
—
pfd. (quar.)
Middle West Corporation
(irregular)—
Miller & Hart $1 prior preferred—
Miller-Wohl Co., common (initial)—
57<> preferred (initial)—.—_—
6-11
6%
Kress
6-15
7-15
8%
6-11
—
—.-w
Company
Mid-West
1
6-12
preferred (quar.)
preferred (quar.)_
Midwest Oil Co., common
6-21
25c
Steel
Midvale
6-15
25c
50c
$2
50c
50c
Corp., $2 preferred (accum.)—
Products, common-
Oil
$2
1
2
6-30
6-30
5c
Mid-West' Refineries
6-10
7-
5c
Midland
8%
4
7- a
60c
15c
12%c
Corp., common
—preferred (quar.)——
Hone
Midland
5-31
6-
—
(quar.)—
preferred
convertible
5%
6-
(quar.)
Extra
Micromatic
Kresge Department Stores—
Common
preferred
$2.40
1
6-
7-15
$1.50
$1.50
$1.50
$1.75
10c
(quar.)
Mickelberry's Food Products Co., com. (s-ai-
6-12
—
preferred
5-31
6-
6-15
$1.75
97%c
'—
(quar.)—
preferred series 1940 (quar.)
junior preferred (quar.)
7%
6-22
6-19
6-12
6-19*
62 %c
35c
(quar.)_—
common
6%
6%
5-31
6-
Co.,
6 %
5-31
7- 2
6-10
7- 2
6-15
6-15
6-15
7- 2
Thermite
pfd.
Michigan Public Service Co.—
1
6-
6-30
$1.12%
$1.31 V4
$1
1% preferred (quar.)
Metropolitan Edison, 3.90%
6-15
25c
—-—
(quar.)-
(S. S.) Co.
Kresge
Metal
1
8-30
11-23
25c
Co
Linotype
6-15
7- 2
25c
(quar,)—.
common
Machine Co
5-31
20c
25c
10c
$1
preferred
Mesta
6-15
8-31
12%c
(quar.)
(quar.)
preferred
Mergentlialer
5-31
$1.50
(quar.)
preferred
Inc.,
Co.,
6-15
6-
6-30
11-30
12 %c
5V4%
6-15
62%c
43%c
50c
A
&
5
50c
(quar.)
Refrigerating Co., common
Merchants
Class
5
6-
30c
30c
25c
25c
—
Mercantile Stores Co., Inc., common
6-14
7- 2
7- 1
7- 2
7- 2
6-12
7- 2
7- 2
6-30
6-30
6-28
6-15
7- 2
6-15
6-15
—-
Koppers Company, common——
4%%
(quar.)
preferred
Merck
1
6-
6-30
5-31
Acceptance Corp. of California—
preferred (quar.)
5% 1st preferred (quar.)
5%
1st preferred (quar.)
5
6-
10c
$1.25
6%
6-
5
6-15
t30c
Mengel Co., common
5% convertible 1st preferred (s-a)
5
6-20
6-30
$1
62 %c
preferred (s-a)—
partic. pfd
Meadville
1
6-
1
5-15
20c
35c
*
(quar.)——
common
1
9-
6-
25c
6-
12-
6-1.5
2
43%c
6-
7-18
7-
$1.75
preferred (quar.)
$4
•
Robbins,
&
6-20
6-12
11c
preferred (quar.)
McCrory Stores Corp. (quar.)
McGraw-Hill Publishing Co
6-11
6-2!)
7-16
10c
25c
(quar.)™
preferred ((juar.)
—«...
McCOrd Corp., $2.50 preferred (quar.)——
McClatchy Newspapers, 7% pfd. (quar.).
<
1
6-15
6-15
7- 2
(quar.)
Rubber—
B.)
Asphalt Corp. (quar.t__
Alkali Works, common
■
7%
6-15
30c
10c
37%c
—1«.■•
common
(quar.)
& Co., Inc.
Emil)
(D.
Klein
8
Ltd.—
(quar.)
preferred
(quar.)—
King-Seeley Corp., common————
5% convertible preferred (quar.)
1
6-4
6-
6-30
$$1.75
—
(quar.)__
Interstate/Natural Gas Co.,
preferred
9-
2
7-31
Stores
America
(quar.)
common
SI
Investment
conv.
7-
6-25
$0.0375
(quar.-)——35c
Hosiery Mills (quar.)—
—
25c
of
9-10
$3
25c
50c
Co.————
7%
—
t40c
——
Canada, Ltd
(accum.)....—
Co..
6-15
12%c
(liquidating)
Mining Corp.
Extra
6-15
2
Corp.—
Co.,-5%- pfd. (quar.)—
International Power Co., Ltd.
Silver
7-
30c
$37%c;
(quar.)—
common
—
Salt
6-7
Mastic
$1.12%
—
Lorillard
Paper
preferred
6-30'
$1.25
$75c
—
(quar.)—,..
International
6-12
Ltd.—
Machinery
Nickel Co.
International
7- 2
6-15
25c
(s-a)
K-2
4% %
5
$20c
___
—
&
—
—
Kimberly-Clark Corp.,
Loft
Powders,
Minerals
Conuno,n
4%
preferred
International
6-4
6-
Ltd.—
International Harvester,
International
7-2
5-28
*
6-11
6-10
5%
Marven's Ltd.,
5-31
8%
preferred
Cigar
(interim)-—
Keystone Steel & Wire Co
Corp.—
£
-
-
Ltd.
Mines,
25c
Co
preferred
(Glenn L.)
5*
6-15
6-30
pfd. (quar.)™
4V»%
(initial quar.)_
Masonite Corp.; common (quar.)
Massachusetts Investors Second Fund, Inc.__
5-31
6-15
9-15
12-15
$1.50
12%c
$1.25
$1.12%
30c
37%c
37%c
25c
25c
$5c
15c
$1.50
44c
Semi-annual
Ltd.—.
Bronze
(quar.)
International
G%
2
6-15>s
50c
'
Shares
Baking.
International
Interstate
6-20
6-20
$1.25
preferred
Institutional Securities.
Interstate
7- 2
7-
$1.03 Va
*
(quar.)——
Brownhoist
conv.
(quar.)
6% prior preferred (quar.)
Keystone Custodian Funds, B-l (s-a)
—
Lion
__
7%
5-15
75c
•.
(quar.)
(accum.)———
Industrial Silica Corp.. 6% % pfd (accum.)_
Iugersoll-Rand Co., 6% preferred (s-a)-—_
Inspiration Consolidated Copper,.
6%
6-30
Michigan Electric—
4Vb
preferred
(Irregular)
Indianapolis Railways, Inc.—
Indianapolis Water, 5% pfd. A (quar.)
Industrial Acceptance Corp., Ltd.—
5"t.
Copper Corp.
-
6% %
—
(quar.)
(quar.)
(quar.)
Key Company
Corp.—
(irregular)
preferred
Indiana
(quar.)
com.
Keyes Fibre Co.,
6-30
$10c
,
Chemical
B
Special
5%
—
Gas
Gas,
(quar.)—
Kerr-Addison Gold
Imperial Tobacco Co. of Canada, Ltd.—
Indiana
Martin
2
<$1.06V4
$1.50
$$1.25
r—;l"
Co.,
Field &
4%%
(Julius) & Co
Class
4-?0
$$3.75
(final)
5-31
6-15
8- 1
.
15c
15c
Quarterly
4%
Marshall
7-
6-
2
$17%c
(quar.)^__—$17%c
preferred
1%
5-31
7-
5-24
6-15
7-16
(quar.)-
Common
5-31
6-
$1.25
$1.75
6-10
Telephone Co., Ltd.—
Maritime Telegraph &
Merchants & Miners Transports Co.
(quar.)
Co., $4.50 preferred
Drug
Kennecott
(Leased Lines) —
Co.
Central RR.
Illinois
preferred
$5 preferred (quar.)_
preferred (quar.).
7%
Water,
Marion
Power & Light Co.—
Natural
(P. R.) & Co.,
Marion Reserve Power,
5-31
7- 2
7- 2
7- 2
6-20
8- 1
7- 6
7- 2
7-'2
7-16
6-11
6-15
6-15
15c
Kelsey-Hayes Wheel, Class A
6-15
5^11
(quar.)
(quar.)
City
Kayser
6-15
6-15
6- 81
6- 9
Mapes
7- ?
Company
C.i
(R.
Pec.
5-31
6-15
5-31
7- 2
7- 2
6-15
$1.50
25c
75c
,$1.50
50c
20c
;
preferred B
Katz
6- 1
6-20
6- 8
6-20
6-11
6-20
50c
35c
Co
(quar.)
common
preferred (quar.)
Manufacturing Co...—..
Hoskitis
6-28
7- 2
6-20
6-30
6-26
6-30
6-18
6-30
7-'2
6-20 i
6-11
6-11
6-30
(quar.)
$5
5-31
6- 1
$1.06V*
Mangel Stores, $5
11-10
6-30
50c
$1.25
$1.25
(quar.)
$6
Co.—
(quar.).
Bearing
&
Co.,
6-11
6-15
Co.
Furnace
&
Kansas-Nebraska
11-21
15c
25c
CO:_—:
Stove
Kansas
8-21
12- 1
7- 3
. 6-25
.
(quar.)-.
Iiooker Electrochemical
preferred
"•
.
Plantation
Honolulu
Honolulu Oil Corp.
$4.25
pfd. (accum.)
Ltd., T/o
Co.,
Renfrew &
Holly
9- 1
25c
$$5.25
10c
-
class A
com.—
(quar.)
Common
Inc.—
Co.,
(quar.)_
Supply Co.,
Manufacturing
Mallory
1
8-10
Vegetable Parchment Co.—
6- 2
6-30
tlOc
Quarterly
preferred
Common
Hoilingcr Consolidated Gold Mines, Ltd.—
Holt
(quar.)_
com.
(quar.)
Co.
Manufacturing &
Common
6- 4
6-2
6-12
6- 8
6-30
.
$1.06'/4
(quar.)
Kalamazoo
9- 5
12- 5
6- 4
9-15
12-15
6-30
17c
x$1.75
xl%%
xlV-t%
xl 14 % *•"
50c
$1.25
25c
Kalamazoo
6-20
6-20
6- 5
7- 2
7- 2
6-15
Feiss
Justrite
6-15
6-11
7- 3
7- 3
7- 3
7- 3
7- 3
6-11
(quar.)
common
Laughlin Steel Corp.,
&
Joslyn
6- 2
30c
30c
25c
$1.25
$25c
50c
25c
—
Dauch
&
6-15
$1.75
3IV4C
30c
—
Common
Hinde
6-15
7- 2
6-25
6-15
6-29
7-27
6-15
25c
(quar.)—
w
(quar.)
Co.
Rubber
(quar.)
class A
Inc.,
Co
Powder
Hercules
Hewitt
Corp.
Parts
Motor
Hein-Werner
___
preferred class A (quar.)
'5% preferred class B (quar.)
Joplin Water Works, 6% preferred
6- 5
6- 5
6-15
6-14
5-22
6-19
7-17
6- 2
25c
20c
25c
50c
25c
15c
Co.—
Brewing
(G.)
Inc.,
preferred
&
37%c
37V2c
$1.37%
$1.50
$1.75
5%
Hearst Consolidated Publications—
7%
(quar.)
Co.,
6-20
1
6-
Co.—
(quar.)
Tea
4V»% preferred_____$0.265625
preferred (accum.)
$3.25
Consolidated Manufacturing (quar.)_„
50c
Mahon
7%
(quar.).
preferred
4'A%
6- 1
5-21
:
preferred
6-15
(quar.)
1
6-
6-15
6-15
6-15
-9-.1
-12- 1
$1.50
$2.50
15c
(s-a)
(quar.)
A
Co.
&
preferred
Jones
6- 5
6-15«
6- 1
(quar.)—
Corporation
Hazeltine
class
E.)
6'/o
Jewel
6-15
50c
$1-25
50c
(quar.)
(C.
T'/n
;
(quar.)
(quar.)
preferred
35c
"f
6-15
(quar.)
Co.
Mathieson
Jersey Central Power & Light
7-16
5-24
37'/2c
$1.50 preferred (quar.)
Commercial & Sugar
Hawaiian
preferred
5%%
$1.80
$1.95
$2.10
30c
30c
Telephone Corp.—
5%
Furniture Cos., Inc.—
Haverty
———
common
(quar.)
1st
Jamieson
6-14
8- 1
6- 1
:
preference D (quar.)
Water Supply Co.,
preferred
6%
6- 5
6-14
25c
(quar.)
Jamestown
5-31
6-17
6-22
$2.50
.
(quar.)—*-—-,
C
$5
6-12
$1.62Va
.
preferred (quar.).—
Bakeries, Inc. (quar.)—
6%'/o
Hathaway
B
preference
Jamaica
6-15
6-15
6-29
6-28
.
preference
5%
7- 6
6-15
6-17
6-17
6-15
Public Service
preferred A (quar.)
5%
6-15
7- 2
$1
———
'
.•*.
Co., Ltd., com. (quar.)
Co
7%
6-23
5-25
6- 5
6-15
6-1
6- 2
6-28
6-28
6-25
6-25
7-16
6-26
6-15
6-28
$1.25
50c
$1.25
$1.75
30c
25c
A 15c
75c
7%
(accum.)
Machine
Jamaica
l
Holde rj
Payable
6-
Shoe Corp.—•
preferred
Jaeger
—
25c
preferred (quar.)—
Corp. of America, class A—
prior
Class
V
(accum.)
ctfs. (accum.).
arrear
___
(John)
6%
>6- 7
-
7-20
7- 2
$1.50
tlOc
$1.25
(quar.)
6-15
6-20 '
6-30
6-15
6-20
7- 2
6-11
6-13
Irving
6-19
6- 6
J- 2
$1.12Va
.
<
preferred
When
Share
15c
(I.)
Magnin
preferred arrear ctfs. (accum.)
Fireman Mfg. Co. (quar.)
Quarterly
6-8
6- 8
5-31
6-14
6-15
6- 8
Gulf
■
Iron
6-11
7-2
7- 2
6-13/
Extra
■4
1%
v,per
Name of Company
of Rec.
Payable
Co.—
preferred arrear ctfs.
6%
6%%
*
35c
$1.06'A
25c
Group No. 1 Oil Corp....
j
*
$50
Griesedicck Western Brewery Co.————
50c
Gulf Oil Corp. ^quar.)—^--—.
25c
Greyhound Corp. (Del.), common (quar.)™
\\\% preferred (quar.)__
Grinnell Corporation
„™™:—
Southern Utilities
Iowa
6-15
6-11
7- 3
7- 2
50c
(irregularji
Co., common
0/ Rec.
Payable
Share
V Name of Company
Holdert
When
Per
Holder »
When
.
Share
Name o! Company
Green
■
30c
(quar.)—
Cash Register
(quar.)
Casualty (Detroit)
(quar.)
City Lines, Inc., common (quar.)
A
(quar.)
Container
1
6-14
7-
3
7-
3
25c
7-14
25c
6-15
25c
6-15
50c
Corp.
12-
$50c
$44c
common
(Dei.)
(quar.)
National
Cylinder Gas Co., common (quar.)
Dairy Products (quar.).'
National
Electric
20c
20c
35c
8-
1
6-11
6-
8
6-11
Welding Machine2c
Quarterly
National Folding Box, common
(irregular)
8-
1
50c
7-
2
6-15
8-10
11- 8
6-
8
6-
8
6- 8
6-29
5-31
6- 2
7-14
5-15
5-
8*
5-21
7-21
6-25
Number 4393
161
Volume
THE COMMERCIAL & FINANCIAL
CHRONICLE
Per
Alame of Company
When
Share
rational Oas & Electric Corp. (irreg.)
National Grocers, Ltd., common (interim)
Holden
Payable
15c
0/ Rec.
6-15
6-
1
+50c
7-
2
6-
8
preference (quar.)—
National Lead Co., common (quar.)
71;0 preferred (quar.)
6% preferred B (quar.)__„
National Linen Service Corp
National Malleable & Steel Castings
National Oil Products _
National Paper & Type, 5%. preferred (s-a)
National Radiator Co.
National Refining Co., 8% pfd. (quar.)
National Rubber Machinery
National-Standard Co. (quar.)
National Steel Car Corp., Ltd. (quar.)
National Steel Corp. .iquar.)
National Transit Co. (reduced)
Nazareth Cement Co., 7% preferred (s-a)__
Neisner Bros., Inc. (quar.)
Nestle-Le Mur Co., $2 pfd. A (accum.)
Newberry (J. J.), Co., common (quar.)
*37 Vac
7-
2
6-
8
England Fire Insurance Co. (quar.)
New England Public Service Co.—
$6 prior lien preferred (accum.
S7 prior lien preferred (accum.)____
New England Telephone & Telegraph Cd.
New Haven Clock Co.,
New Haven Water Co. (s-a)
New Idea, Inc.
(quar.)
New Jersey Power & Light, 4% pfd. (quar;)_
New Jersey Water, 7% preferred (quar.)
__
'$1.50
New
_
,—
__
New
York Power & Light
(quar.)
7%
7-31
15c
7-
2
6-
$2
7-
2
6-15
(irregular)
Pacific
of
each
100
Gas
&
Elec.
held
shares
preferred
5^4%
North
i
■»
preferred (quar.)
Finance, 7%
6-11
North
Star
Oil,
Northwestern
7%
Ltd.,
Natural
6-
15C
6-15
6-
60c
7-
2
13c
7-
2
6-15
$1.12%
6-15
5-31
$1.31 y4
6-15
5-31
6-30'
6-
6-20
6-11
7-
6-15
Leather,
$2.50 preferred
1
37 %c
$1.50
25c
2
8
6-30
6-
5
$1
7-
2
6-
4
$1.75
7-
2
6-11
6-16
6-
6-15
5-25
8-
6-15
6-
7-16
5-26
6-26
(initial)
6-14
6-14
5-18
6-10
5-31
6-25
6-
1
6-15
6-
1
6-15
6-
5
6-14
6-
6-15
5-15
30c
6-11
6-
7-
$1.50
7-
2
2
1
6-22
Norwalk Tire & Rubber Co., 7%
Pharmacal
No-Sag Spring Co.
Nu-Enamel
2
6-
7-
2
6-
87 %c
7-
2
6-15
7-
2
6-15
$3.50
8-
1
7-?l
7-
3
6-
9
6-25
6-
9
8
7-
2
6-11
7-
2
6-11
Ohio
Water,
Co.,
Finance
5%
Ohio Forge
Oil
(accum.)
preferred iquar.)__
4'/a% preferred (quar.)_
preferred
$6
__
4.40 %
Co.,
preferred
Ohio
2
6-15
6-
.
6-15
Co.__.
6-
6-23
6-
$1.50
7-
2
7-
2
77-
2
6-
Pittston
Plume
5-12
6-15
6-
5
43 %C
6-20
6-
Co
22 %C
6-30
6-15
Oklahoma Gas & Electric Co., 7% pfd. (quar.)
$1.75
6-15
Port
6-30
6-15
7-
6-15
preference
Service
Water
(quar.)
:
Omnibus
Corporation, common
8% preferred (quar.)
Oneida, Ltd.,; common—1
6% preferred iquar.)
Ontario Loan & Debenture
$2
1834c
——
.
Ontario
Steel
Otis Elevator Co.,
&
Electric
Inc
7-16
6-20
6-20
(quar.)_
—
7-16
6-15
1
9-
1
7-
3
6-
1
50c
1
1
4-25
5-31
$1.08%
(quar,)
7-
2
6-15
$1.12%
7-
2
6-15
25c
6-13
G-
25c
6-13
6-
7
6-20
6-
6
5c
(quar.i
7
Pacific-American Investors, Inc.—
$5.50
iquar.)
—
Pacific Indemnity Co.
<quar.)__.
Pacific Mills (quar.)__
Pacolet Manufacturing, 5%
Page-Hersey
Old
$1.37%
(quar.)
prior preferred
conv.
Preference
Tubes,
common
1
6-15
7-
1
2
(s-a)_
7-
50c
6-15
$2.50
6-15
6-15
66-
1
Common
(quar.i
5.6%
preferred
(quar.)
preferred
7%
preferred
Penick
&
Ford,
Ltd.
iquar.)
Peninsular Telephone Co.,
(quar.)
—
6-
6-30
5-31
6-14
6-
6-29
6-
8
6-15
6-
2
6-27
6-
9
6-27
6-
9
7-14
7-
2
*$1
6-15
5-31
6-15
6-14
6-
50c
7-
1
1
50c
1
(quar.)
1-2-46
12-15
(quar.)
10-
6-12
5-28
6-11
5-25
$1.75
7-
2
7-
6-11
6-15
5-21
25c
6-15
6-
(s-a)
7-
5-22
$2.50
7-
2
6-
50c
(quar.)
6-15
7-
2
6-15
6-28
6-
1
6-15
6-
1
7-
2
6-20
*?5c
7-16
6-20
20c
150%
6-19
6-
6-15
6-15
|5c
Price Bros. & Co., Ltd.. 5%% pfd. (quar.)__ $$1.37%
Procter & Gamble Co., 5% preferred
$1.25
7-14
6-15
6%
Accident
Wabers
Prentice
Products
Mines
Laundry
Progress
Proprietary
(quar.)
dividend)
Corp
Public Service of
preferred
preferred
preferred
preferred
874
preferred
of
preferred
774 preferred
Publication
&
Gas
$5
Inc.
Oil
Co.,
5-31
6-
6-15
5-15
6-15
5-15
7-16
6-15
6-15
5-15
6-15
5-15
7-
2
6-30
6-30
5-31
6-25
6-
8
6-25
6-
8
Rapid Electrotype Co. common
Common (qua,r.)
6-15
6-
7-16
6-20
2
5-25
6-15
5-15
7-
2
6-
8
7-
2
6-
8
7-
2
6-20
6-15
5-31
6-25
6-
1
6-25
6-
1
8-31
8-
1
6-15
5-31
6-15
6-
1
6-15
6-
1
6-15
6-
1
9-15
9-
1
6-12
5-28
6-14
5-24
7-12
6-21
$15
7-
2
7-
2
6-15
25c
Co.—
Mills, Ltd.—
pieferred (quar.)
non-cum.
preferred (quar.)
HOc
J40c
non-cum.
$1.60
Electric
&
Insurance
25c
8%74 pfd. (accum.) *$1.62%
Co. (Phila., Pa.) (s-a)__
30c
Engineering Co..
Rand, Inc., common
preferred (quar.)
Remington
$4.50
Reo
Motors, Inc
Aviation
Republic
Corp;
30c
$1.12%
—37'/he
—
25c
(quar.)
Republic Investors Fund—
6% pfd. A (quar.)
6% pfd. B (quar.)
Copper
&
Brass,
1
8-
1
12-
1
11-
1
6-29
6-20
6-15
5-31
6-15
2
6-
8
7-
2
6-
8
6-25
6-
5
6-15
6-
4
7-16
25c
$1.50
$1.50
-
1
2
6-11
7-
2
6-11
7-
2
6-11
1
7-10
Inc.—
Reynolds Metals, common
25c
$1.37%
7-
preferred
5%74
(quar.)—
$1.40
class
A
(quar.)
35c
2-15-46
2-
5
30c
6-15
1
75c
6-30
6-12
70c
7-2
6-11
7-
6-11
Richmond
Riegel
7-
2
2
Rice-Stix Dry Goods Co.—
6-
7%
Edison,
S2.80
pfd. iquar.)_—
$5
5%
preferred
Peoria
-erfect
Water
Circle
Works,
Co.
;flection Stove
Perkins
Machine
-ermutit
$1.25
25 c
7ri
preferred
iquar.)
6:
1
6-15
7-
1
6-15
"7-
2
6-11
7-
SL75
37 %c
(quar.)
Gear
7-
50c
(quar.)
Co.
2
$1.25
.
(quar.i
fquar.)____
Company
;.
7%
774
7%
Corp.—
$1
15c
*
2
C-20
2
6-21
6-30
6-22
7-
Manufacturing Co.,
25c
common <quar.)_
preferred (quar.)——.
preferred (quar.)—
1st preferred
(quar.)
2nd preferred (quar.)—
1st
$1.75
$1-75
$1.75
$1 75
.—
2nd
Richardson
Co.
Water
Works,
50c
——
__——
674
pfd.
$1.50
(quar.)__
Hitter
574
convertible
River Raisin
Riverside
•
C',4
Inc._
—
preferred (quar.)—
preferred
Mills, Inc.—
(.s-a)—4——————.
5-28
7-2
6-15
§1.25
7-
2
6-15
$1.25
7-
2
6-15
20c
7-
2
6-15
$1.12%
7-
2
6-15
25c
7-
2
6-11
25c
6-11
5-19
6-25
6-11
$30c
6-30
6-15
f$1.75
6-30
6-15
6-15
5-31
7-
6-25
__
Ltd.,
Manufacturing
(quar.)
Co
37'ac
__
4%%
Manufacturing
Extra
common
(quar.)
pfd.
(s-a)._.__
Co
$2.25
Louis
Class
St.
Public Service,
Paper,
$2.50
preferred
pfd.
6-15
2
6-
(quar.)
9
7-
2
6-
9
Assn.
(s-a)
Co.
75c
6-11
2
6-25
6-15
5-31
12%c
-* 3C
6-15
6-10
6-15
6-5
45c
6-13
6-
8-
1
7-20*
$112%
8-
1
7-20*
7-
2
6-15
7-
2
6-
I
(quar.)
(quar,)_,
Lace
(quar.)__
Co., $6 preferred (quar.)_
Electric
'
'
common (s-aj
preferred
(s-a)
common
for
fractional
each
$6
preferred
shares
held
Scrvel,
Inc., $4.50
preferred
preferred
(quar.
common
6-
1
7-
6-15
7-
2
^6
6-
5-17
J2c
6-28
5-23
U5c
8-
1
7-ia
t$1.75
com.
7-
3
6-
(interim)
1
B
20c
(quar.)
(interim).
6-15
5-25
6-15
5-25
6-30
5-31
$25c
t30c
Saw
Steel
&
Co.
6-15
6-
6-15
6-
1
J50c
class A
7-28
50c
50c
6-15
6-
1
2c
(increased)
5-31
6-30
1
5-15
50c
6-15
5-21
25c
6-11
6-
*$1.12%
6-15
5-15*
$1.50
6-14
5-25
6-14
5-25
Co.
Ltd.,
4%%
quar.)I_
pfd. (initial
Co.
(quar.)
Steel
preferred
(A.
O.)
(Howard)
6-12
6-
15c
6-21
6-11*
30c
6-21
6-11*
i 50c
6-11
6-
t25c
7-30
6-30
*$1.50
7-20
6-30
c«mmoa....j
(quar.)
common
.
(ouar.)
Corp.
Aircraft
Co.,
(quar.)
25c
quar.)
Co._
Co.
Sugar,
preferred
Southern
preferred
original
5V2%
partic.
6-14
7-
6-15
7-
2
6-15
$2
7-
2
6-15
C
37%c
6-15
37%c
7-15
6-20
5-20
2c
6-15
6-
8-15
7-20
*$1.50
7-16
6-20
$1,25
6-15
5-31;
31V»c
6-12
6-
75c
6-18
5-28*
75c
6-15
5-15
2
Co., Ltd.—
<quar.')__
Gas
Co,
Co.„
.
(quar.)
Spiegel, Inc., $4.50 preferred
<nuarJ____
$1.25
$1.25
9-15
8-15
10c
6-16
6-
35c
7-13
7-11
$1,12%
6-15
6-
1
20c
6-15
6-
1
7-
2
6-15
& Sons
6-12
5-28
$1.25
8-
1
7-16
$1.0614
8-
1
7-16
$1.25
6-20
6-10
30c
6-15
(qunr.)
(quar.)
Sprague Electric
finitial*
Springfield Fire & Marine Insurance
(common
(quar.)
$1.12
(quar.)
$5 preferred A
iquar.)._
$4.25 preferred B (quar.)
$5
E.)
50c
6-15
5-15
2
Manufacturing—
preferred
(quar.);____M.______________ ^
1
6-15
1
6-15
10-
1
9-15
$4.50
1
9-15
Standard
Oil
2
Standard
Oil Co.
Standard
Oil Co.
10-
6-12
7-
2
6-
6-11
6-
Standard
.
7-
2
6-20
5
6-18
6-
5
preferred
Co.
Inc.,
common
(quar.)_________
of
California
_____
(qunr.)
(Indiana)
(quar.)________
Standard Oil Co. of Kentucky iquar.)_
5
6-18
Brands,
Extra
River Cotton
7-
2
6-21
(New Jersey)
(s-a)_______
__________
$1.12%
50c
25c.
25c
50c
.75c
25c
■
5-15
6-15
6-
6-15
5-15
6-11
5-10
1
6-15
5-31
6-12
5-15
6-12
5-15
6-15
5-31
;-:5%
7-14
6-30
4
7-14
6-30
6-30
6-15
€-14
6-
Standard Oil Co. of Ohio, new com,
(initial)preferred : (quar.)$1 25
% % preferred
(quar,)_____
________
$1.0614
Standard
Phosphate Corp.10c
Wholesale Phcfsphnte A* Acid Worke—
Irregular
:•
1
(quar.)
Co,___
Southwestern Life Insur, Co, (Dallas)
(A.
'
6-20
7-15
*20c
Royalty
Squibb (E. R.)
2*
(quar.343bc
(quar.i__-__
Southern Railway Co._
5%
non-cumulative preferred
5% non-cumulative preferred
Southland
6-20
Power Co.—
Natural
Pacific
2
6-25
(accum.).
Southern
6-11
7-
7-16
Plastic Co..
Power
preferred
Southern
6-15
6-29
(quar.)
preferred
6-15
2
6-25
50c
(quar.)_____
Southern Colorado
2
7-
$1.12%
iquar.)
(irreg.)
...
series
Canada
Common
7-
$1
1
preferred
Southern California
Southern
$1.50
Edison—•
B
preferred
1
40c
pfd.
common
(quar.)
California
6%
1
1
6-
Co.—•
Water.
Porto
(interim
68-
6-30
$1
Pittsburgh
South
Common
6-12
8-15
62%c
Gas
(quar.)_
4%%
South
Rico
9
12%c
(quar.)
Oil
5-31
5c
...
South Carolinu Electric &
Penn
6-
6-15
i5c
conv.
preferred A (quar.)
Corporation
Sorg Paper Co., 6'4 preferred A (accum.)__
4.6% preferred B iaccum.)
preferred
6-23
7-16
13340
cum.
Sonotone
Manufacturing
1
isc
preferred A_
Manufacturing Corp.—
(increased
1.
27c
common.....
convertible
Common
1
25c
Iron,
Corp....
Paper Mills,
7-
6-
$3
6-29
6-15
Standard
-
1
6-21
Ltd.
Ltd.
Snap-On-Tools
7%
2
G-ll
22c
& Gas,
preferred
6%
6-15
6-
$1.50
$1.20
8%
6-15
6-11
10c
Extra
South
2
25c
(quar.)
Manufacturing
5%
2
7-
$1.25
I_
(quar.)..
Corp,, class B.
Sloss-Sheffield
Soss
6-26
7-
25c
Skilsaw, Inc. (quar.)__„.
55c
6-30
$1.12%
Gordon
Simpson's
Solar
5-31
isc
I"
■.
Silknit, Ltd., 5% preferred (interim)
Simon*iWm.) Brewery (qunr.)
50c
5-31
5-31
6-15
62c
Class B
Solar
6-15
6-15
$1.25
(quar.)
Breweries,
6%
6-15
ioc
preferred
Smith
6-15
6-30
$125
Mines, Ltd
Sherwin-Williams
(Canada),
Singer
6-15
6-30
75c
(Frank G.) Co. (increased)
Manufacturing Corp. (quar.).
Simonds
9
4334c
common__,__
Shattuck
Mines,
9
6-
6-30
(quar.)
Corp.,
Oil
6-
2
$1*50
(quar.)
B.), Inc.
Signal
2
12%c
(R.
Sigma
5-10
7-
7-
or
Co
Sclmer
Sicks
6-11
1 v
10c
5'4 prior pfd. iquar^mT
Seiberling Rubber Co., $2.50 pfd. <quar.)____
A
9-20
75c
Fibre Can,
Class
6-20 !•
9-30
6-
31 %c
_
Security Engineering Co., Ltd.,
7%
6-30
$1 25
7'f'c. preferred (quarJ
Seeman Brothers (quar.)____
Sherritt
6-15
6-15
$1,75
(quar.)
Steel
2
6-15
250
(quar.)___
Sharon
7-
6-15
'
$1.25
shares
preferred
A
2
6-22
2
7-
$3.50
ten
$7
7-14
7-
$3
Securities Acceptance Corp., common
(quar.)
5%
preferred (initial quar.)
Securities Corp. General, com.
(stk. div.)—
One share of International
Utilities Corp.
Shoe
6-22
50c
Oil Co. of Delaware
(quar.)____
Seagrave Corp., 5% preferred (quar.)
5%
preferred (quar.)
Sears, Roebuck & Co. (quar.)__
Selby
5-25
7-14
$1.75
Seaboard
preferred
4
6-12
25c
_
_____
preferred (s-a)__
6%„ist preferred (s-a)
5%
1*
50o
3%%
Sefton
50c
$1.50
Co.-
Scruggs-Vandcrvoort-Barney,
for
12-15
2
7-
25c
Manufacturing Co.
Scmnton
Scranton
12-31
7-
(quar.)
preferred
6-15
50c
(quar.)_
Brewing Co
Paper Co., common
preferred
6-30
$1.37%
—
Schlage Lock Co.
2nd
1
$4
(quar.)
Extra
1
75c
7-
7-2
7%c
6-
7-
_
Staley
6-15
$1.25
6-
6-15
62%c
iquar.)
San Jose Water
Works, common
Schenley Distillers Corp., 5%% pfd. (quar.)
7%
6-15
2
6-15
$1.25
prior
Francisco Remedial Loan
$4.50
7-
25c
Semi-annual
$4
5
6-11
$1
class A„_
•
5
6-
6-25
25c
2nd
Scott
6-
6-15
luc
B
Regis
6an
6-15
25c
I
r
Ryan Consolidated Petroleum Corp. (s-a)
Safety Car Heating & Lighting Co., Inc.—
Quarterly
St.
1
25c
_
5-23
6-15
^5c
—
Paper Co.——————
& Dan
6-15*
6-30
6-15
10c
Paper
Company.
6-11*
25c
(quar.) ——
Riley Stoker Corp. (quar.)——
6-15
6-30
25c
Reynolds Spring Co._———-
Co.—
7-16
8-
8-
3-15
1
8-
7-
$1.31%
preferred
5-18
7-
(quar.)
5(4 74
Rheem
preferred
(quar.)
-ennsylvania Glass Sana
Common 1 quar.i
6-22
9-
15c
15c
-
Republic Steel Corp., common—
$% preferred (quar.) ______
674 prior preferred A (quar.)—
6-11
$1.25
7*
25c
5%
6-30
Regent Knitting
$1.60
Ruud
6-15
$1.25
_
prior preferred A (quar.)
5
_
1
6-15
37%c
37%c
37 %c
50c
50c
(quar.)
Raybestos-Manhattan, Inc.
•
Reading Co., 474 1st preferred (quar.)
2nd preferred
(quar.)
________
Real Silk Hosiery Mills, 774 pfd.
1 accum.)
11-
(quar.)
6-20
7-
10c
11-15
Pennsylvania
2
$1.50
25c
2%c
(quar.)
(quar.i
common
35C
(quar.)
7-
5-31
75c
(quar.)
(quar.)
A
1
10c
7—
Inc
(quar.)
Bit
6-15
6-29
$1.25
$1.50
_____—
—
Roller
5-31
25c
(irreg.)
Quaker State Oil Refining Corp.
Reed
6-15
$1.25
50c
—-
(Pittsburgh),
2
6-15
$1.75
50c
50c
Pyrene Manufacturing Co.
Quaker Oats Co., common (quar.)
preferred
7-
20c
75c
:
6-12
37 Vac
(quar.)_„
Russell-Miller Milling
Smith
preferred (quar.)
6% preferred (quar.)__——
preferred
6-15
$1.75
$1.75
574
Products,
2
$1,25
$1.25
pfd. (quar.)__
(quar )
common
Corp.
Industries,
Simmons
voting (quar.)__
common
non-voting
Pullman,
6-15
7-
Oklahoma—
(quar.)
Corp.,
2
2
$1.75
$2
preferred (quar.)
7 74
1st preferred (quar.)
Puget Sound Power & Light Co.—
$5 prior preference (quar.)
574
6-20
7-
7-
50c
50c
—
original
18 74
6-15
25c
(quar.)_
Public Service Elec.
Rand's
6-30
$1.25
(quar.)
Service
674
6-20
$1.50
common
(quar.)
Purolator
6-20
2
$1.25
(monthly)
(monthly)
3
Co.
preferred
Scrrick
of New Jersey,
7%
Pure
2
Hampshire—
674
774
77-
41%c
50c
58 %c
(quar.)_.
Co.
7%
$5
(quar.)
preferred
Russell
Sheller
(quar.)
.$5 preferred
Common
2
Colorado—
New
Public Service Corp.
5 74
6-~5
6-
4
$37%c
of
preferred (monthly)
preferred (monthly)
% preferred (monthly)
Public
6-15
6c
6%
67c
6-15
7-
(N. Y.)—
5%
$6
5-31
$12.50
(s-ai_
,
Quarterly
$5
1
$2.50
pfd.
5%
(s-a 1
Bank & Trust Co.
Public Service Co.
7
7-
5
*5c
(interim)
Hosiery,
Investing
Public National
1
30c
Ltd.
preferred
Prudential
(stock
(quar.)
Co
Mines,
Propper-McCallum
2nd
(quar.)
Insurance (N. Y.)
East Dome
Preston
Aircraft
Ruberoid
cash
partic. preferred
non-cum.
Preferred
7-
"
*50c
Telephone Corp., common
4%% preferred class A (quar.)
Roeser <fc Pendleton, inc.
Rohr
0/ Rec.
6-
»
Rochester
Ltd.—
A
class
6-25
7-16
(increased)
(quar.)
class
Co.
1
;!:25c
preferred
$1.40
preferred
9
*$1.50
1st
8-15
(J. c.)
6-
37 %c
(quar.)
Ltd._
River,
Corp, of Canada,
6%
4-1-46
$1.20
.
9
35c
enney
6-11
2
6-30
*25c
25c
Inc.
50c
Penn Electric Switch
7
$2.50
$1
(quar.)
4
6-11
3
$2
75c
A
8-
2
9-15
25c
(quar.)
class
$1.40
7-
1
6-
9-15
50c
7-16
10-
6-30
6-15
5-31
1
1
Alexander,
6-15
50c
1
6-
&
6-12
Common
-
6-12
10-1
Paper Co.—
&
1
(quar.)
—
10-22
$1
(quar.)
6-27
Common
Common
Sulphite
5%
Holiera
Payable
6-14
Schmidt
Company
Revere
common
8
Reliance Grain Co, Ltd.,
75c
(quar.)
2
6-
1
$1.75
preferred
Reliance
*$1.75
Paton Manufacturing Co., Ltd. com. (guar.)
2
6-
7-
6-15
8
$1
(quar.)
6-
6-30
Co.—
(quar.)
6%
6-14
50c
(quar.)
common
Extra
4%
Co.
6-15
50c
—
6-20
eoc
<fc Co.. 5%
prior pfd. (quar.)
preferred (quar.)
preferred class A (quar.i.
5%
When
Share
(s-a)
Roekwood
Scovill
Manufacturing Co.
2
25c
(quar.)
—
Paraffine Cos.,
RR.
(reduced)
pfd. class B
preferred
Reliance
——
Paramount Pictures Inc.
Parker-Wolverine Co.
Erie
Erie RR.
2
7-
2
6-30
$1
7-
$1.40
7-
Co.
$2 participating A
preferred (quar.)
Robertson (H. H.i Co. tquar.l___
Schiff
7-
50c
(quar.
6-20
I0c
*$1.25
Panhandle Eastern Pipe Line Co.—
2
*5c
(interim)
Co
*31'4c
(initial quar.)
Ltd.
7-
6-15
6-15
50c
—
—
preferred
7-
37 %c
1
10c
4-25
7-
7-
6-10
115c
*$1.25
6-
20c
——
Extra
common.
1
25c
5-23
10-
6-
2
6-
5-23
+50c
5
2
7-
50c
(quar.i
Atwood
Huron
4%
Ltd.—
Ox^Fibre Brush (monthly)
Pacific Coast Aggregates
•
*25c
5% preferred (quar.)
Otter Tail Power Co. (Minn.),
$4.25 preferred
(quar.)
preferred
6-15
7-10
$1.50
Ltd
Ottawa Light Heat & Power,
Common
(quar.)
$4,50
3
8-15
20c
common
Ry.
5-31
7-
*25c
50c
Ltd.,'common—
Co.,
Co.,
6% preferred (quar.)
Ottawa Car & Aircraft,
Ottawa
6-15
8-15
37 %c
*$1.25
(quar.)
Collins
5-31
6-15
*$1.75
Products
7%. preferred
Oppenheim,
f
(quar.)
2
6-
7-
Metal
Riverside Silk Mills^—
Russell
6-12
75c
$5
Name 0/ Company
Riverside
5%
(s-a)_
Metallurgical
Plate Glass
Co.,
&
Potter
5-31
25C
Ohio
prior
5-24
50c
Wayne & Chicago—
(quar.)
Oil
9
$1.75
8
30c
(quar.)__
(quar.)
Inc.,
5-12
6-15
6-15
40c
common—
6-
Fort
Pollack's.
5
25c
Co.,
6-10
$1
(s-a)
Plymouth
9
6-
6-10
2
20c
Placer Development, Ltd. (interim)
Planters Nut & Chocolate Co. (quar.)
9
6-15
2
7-
$1.12V^r/
common
Bessemer & Like
Pittsburgh
8
6-
7-
25c
Mines
Cpmmon
7(4 preferred
8
2
6-10
Co.—
preferred
Pittsburgh
6-15
$1.12%
2
$1.50
Pittsburgh Brewing, $3.50 preferred (accum.)
Pittsburgh Forgings Co. (quar.)
6-11
$1.10
25c
___,
Ohio Seamless Tube
Mills
Pittsburgh
5-28
6-23
_
50c
Machine Corp._______
&
$4
5-31 *
7-3
15c
*25c
6-21
7-
56c
;
7-14
$1.06%
(quar.)
___■
Exploration
Pilgrim
6-15
6-30
$1.25
(quar.)
5
8
$1.25
preferred
Pickle Crow Gold
5-22
40c
Class B
Ohio Edison
6-20
6-15
7-
40c
class A
Ohio Cities
2
6-11
87 %c
7%c
(quar.)
Manufacturing Co. (initial)
Ogilvie Flour Mills Co., Ltd., common (quar.)
Brass,
7-
6-
2
$1.06%
preferred
Corp.
Pillsbury
8
25c
Oak
Ohio
Philco
1
7-
5-31
7-
$1
(quar.)
Participating
Power
6-
15c
pfd. (quar.)
Co
2nd
preferred
Powell
$1.62%
;
(quar.)
Corp.
$1
$5
Greyhound Lines, Inc.—
$6.50 preferred (quar.)_
preferred
non-cum.
Powdrell
2
6-15
25c
Philadelphia Electric Power, 3% pfd. (quar.)
Philadelphia Transportation Co,—
6-22
$1.50
1
$1.25
(s-a)
1st
Pittsburgh
+50c
40c
(quar.)
Pittsburgh & Lake
Northland
Norwich
$4
6-14
37 %c
(initial)
preference
$4.50
6-14
5
2
Philadelphia Dairy Products Co.—
9
7-16
1
6-
&
Common
50c
—.
common
$5
6-27
40c
(quar.)__
Philadelphia Electric Co.,
$1.50
$1
Trading Corp.—
$1.25 participating class A
(accum.)
Philadelphia Co., $6 preference (quar.)
6-16
9
*8%C
ts-aj
pfd. (accum.)
Co
Gas
Pet Milk Co., common
5-31
20c
(quar.)__
preferred (quar.)___
North Carolina RR. Co., 7% preferred
Northern
5-31
6-15
6-15
71 %c
;
pfd.
Pennsylvania Railroad Co._
Pennsylvania Salt Manufacturing Co. (irreg.)
Peoples Drug Stores, Inc
.1
Peoples Gas Light & Coke Co. (quar.)
Petroleum
~75c
American
6-15
6-
7-
Prior
6-15
2
6-15
to
(quar.)
2
7-
6-14
approval of SEC)
6%
7-
$1.75
7-15
com.
(subject
$1.50
(quar.)
75c
t$l
common (quar.)
(quar.)
preferred
*25c
$1
(quar.)___|
Corp.,
Car
preferred
$7
4%% 1st preferred (quar.)
414% 2nd preferred (quar.)
Peter Paul, Inc. (quar.)
25c
Ry.
6-15
$6
6-15
40c
7-16
2
6-
25c
1
7-
2
$3.50
5-31
$1.25
7-
2
8-
Per
0/ Rec.
6-30
(quar.)
6-21
7
$1.25
Payable
preferred
50c
$1.12%
Co.
A (quar.)_
$6
B (quar.)
North American Co., common (stock div.)—
share
5
$2c
_
2595
Holder3
Light Co.—
25c
10c
preferred
1st preferred
for
6-19
8-15
$1.75
______
Ltd.
Mines,
One
6-29
$1.42
pfd
1st
•
25c
75c
Corp.,
Corp., class B^__
preferred (initial quar.)
American
2*
$1.25
$1.22
Southern
6-
10c
Niagara Share
$6
6-16
Share
Ltd.
«fe
When
$5
6-15
15c
Mines,
Pennsylvania Power
7-16
2
Elec. Light & Power Co.—
Niles-Bement-Pond
North
1
7-
Gold
(quar.)
Pennsylvania Power Co., $5 pfd. (quar.)
5-28
8-
25c
50c
Niagara Lower Arch Bridge Co., Ltd. (quar.)
Norfolk
6-15
$1.50
$1.25
preferred
New York & Queens
Noranda
$1.75
Name 0/ Company
Perron
Dock—
York City Omnibus__
New
4%%
6-11
20c
Newport News Shipbuilding & Dry
$5 convertible preferred (quar.)
New York Auction Co.__.
New York Central RR. Co. (irreg.)
Common
6-30
37 %c
Newport Industries, Inc
-Newmont Mining Corp
$6
12 %c
Per
tl
1
f
Sterchi
Bros.
Oil
Sun
Oil
Sunray
Sutherland
Oil
Swan-Finch
Swift
&
Corp.,
5</2 ft. preferred
b-12
b-
6-15
Preferred
6-15
G-30
6-
7-
30c
6-15
66-
1
1
1
25c
7-
2
6-
25c
7-
2
6-20
t3c
7-
3
4-28
50c
9-
1
8-15
50c
12-
1
11-15
6-30
6-16
50c
—
30c
6-30
v
62 ftc
7-
2
6-
10c
7-
2
7-
(quar.)—
9
6-15
6-
7-
3
6-
J62y2c
3
6-
——
8
10c
Co
6-11
6-
6-15
25c
6-29
6-
7
50c
7-2
6-
8
50c
6-15
5-25
25C
Corp.
Texas
Gulf
Texon
Oil
6-15
5-25
10c
6-29
6-
62V2C
8-1
7-21
62 Vib
11- 1
10-22
10c
6-15
(quar.)
Sulphur
Land
u
Incorporated, $2.50 pr. pref. (quar.)
preference (quar.)
Textron
$2.50
prior
Therinoid
Company
1 roducts, Inc.. common..
5ft preferred
New $2.50 convertible preferred
(initial)_
conv.
$4.50
Co., common
$1.40 convertible preferred
Roofing
34c
6-15
77-
6-
6-
i
6-
3
6-
Travelers
(interim)
(quar.)_
—
Co. (Hartford. Conn.)—
Trusts
Insurance
6-11
6-25
6-15
t25c
7-3.
Co.,
7- 3
6-
6-11
preferred
5%
Troy
Coal,
Truer
5V2ft
4%ft
Twentieth Century-Fox Film
Common
6-
7-
2
6-20
7-
2
6-20
7-14
6-29
Stores,
50c
6-30
(quar.)
8c
Metal
Manufacturing,
preferred
Union
Pacific
Union
6-14
6-23
6-15
75C
7-
a
6-
1
15c
6-22
6-
9
$1.50
6-22
6-
9
2
6-
4
(quar.)
(quar.)
com.
—
:
(quar.)—
$1.50
—
7-
Funds, Inc.—
6-20
6-11
Fund
7c
Stock Fund
17c
6-20
6-11
Stock
Common
Union
Co.
RR.
Union Trusteed
6-13
6-30
15c
(quar.)—;--;
6-30
50c
—
Preferred
Union
Bond
Fund
"A"_______.:
24c
6-20
6-11
Union
Bond
Fund
"B"_
18c
6-20
10c
6-15
25b
7-
2
6-15
50c
6-12
1.
75c
6-12
6-
—
quar.)
Bond
Union
Wire
United
Air
10c
6-20
6-11
(quar.)—„
25c
6-15
5-31
Inc.,
50c
7-
6-10
"C"
Fund
Rope
Lines,
common-
United
Aircraft
Corp.,
United
Aircraft
Products,
United Carbon
United-Carr
United
Co.
—
Inc.
com.
7- 2
6-14
6- 4
7- 2
$1.12V2
7- 1
1
Tablet
$1
6-30
37%c
Fastener
6-15
6-
6-15
5-21
6-
1
7-
2
6-14
30c
(quar.)_
market
6-11
5-31
common
Products Corp.
United Gold Equities
United
Illuminating
A
(quar.).
$1.25
Corp., Ltd
Stationery, common—
&
Coal
$50c
A
7- 2
25c
6-15
of Canada,
.6-1
Ltd.—
7-
2
(quar.)
$1.50
7-
2
40c
6-11
Merchants
&
$20c
7-3
__
Weyenberg Shoe Manufacturing Co.
Weyerhaeuser Timber Co
Wheeling Steel Corp.,
$5
(s-a)__
convertible prior
Whitaker
White
Paper
$1.25
(quar.)
Wichita
Water, 7%
prior preferred
Ltd.
(quar.)__
5ft
non-cum
Winsted
preferred
Hosiery Co.,
7-
2
7-
2
30c
6-13
6-15
6-15
6-15
6-
5
6-13
6-
5
7-
6-16
'
15ft
States
2
6-23
5-15
6ft
4'/aft
Wisconsin
Power
Co.
Extra
Woodall
Industries,
7% 2
G-20
6-15
6-
Woodley
Petroleum
,
1
50C
6-15
8-10
6-15
6-
1
40c
6-30
6-
8
7-
2
6-15
7-
2
6-15
7-
2
6-8
U.
S.
35c
40c
S.
7-
2
6-20
6-23
5-31*
40c
Potasli
9-20
8-31*
40c
Playing Card Co.
12-20
11-30*
50c
(quar.)—
CO.
7-
1
50c
6-26
50c
—
6-15
6-15
6-
1
U. S. Printing & Lithograph Cc,—
Common
6ft
conv.
United
8ft
t
U.
;«
;
Rubber
"5-31
62 V3C
Co.,
7- 2
6-13
50c
6-11
5-21
$2
6-11
7-16
nOn-cumulative 1st preferred
■
Sugar, $5 preferred (quar.)
6.4ft preferred A (quar.)
5-26
$1.50
S.
7ft
Tobacco
Co..
preferred
United States Trust Co.
United
Steel
&
5-26
30c
(N.
—
Y.) *(quar.>
Wire
Universal Cooler Corp,
Universal
—
6-13
6-
6-15
6-
4
A
(reduced)
$15
7-
2
6-15
6-15
6-
12 J2c
6-26
6-12
6-12
6-
1
40c
6-14
6-
4
Laboratories, jS.™ K«drftquar.)—
Universal Products Co
8
7-16
6-30
the
of
preferred
12
months.
Protective
Committee
has
been
of the rights of preferred stockholders of
the plan of merger with Consolidation
to
(PaO Equitable Meter Co.—Acquisition—
1945, there was mei-ged with and into this company
Manufacturing Co., Inc., of East Chicago, Ind
1,
&
—
remaining
dated
bonds
July
issued and outstanding first mortgage SVaft
have been called lor payment July 1, next,
Payment will be made at the Detroit Trust Co¬
1,
1925,
I0l and Interest.
at
trustee,
West Fort Street, Detroit,
201
Mich.—V.
121,
470.
p.
(II. K.) Porter Co., Inc., Pittsburgh—Peruvian Contract
The
Vernon
Mt.
order
from
aluminum-steel
Car
Manufacturing
Corporacion
Co.,
Peruana
division,
a
del
Santa
has
received
Peru
of
25
for
hopper cars.
In announcing the order, T. M.
H.
K.
Porter Co.,
Inc. is also
locomotives for this
Evans, President, also disclosed that
building four 65-ton diesel-electric
South
American concern.—V.
i61,
2225.
p.
Portland General Electric Co.—Exemption From Com¬
petitive Bidding Granted—
The
SEC
May
on
granted
31
the
to
request
the
exempt
company
cofnpetitives bidding requirements of Ruie U-50 with respect
contemplated issuance of new bonds to refund outstanding
the
to
bonds.—V.
161,
2338.
p.
JPritt Consolidated Coal Co.—Partial Redemption—
There4 have been
5ft
first
and
Co., :
V.
Payment
successor
119,
called
for
mortgage sinking
interest.
will
trustee,
redemption on July 1, next, $20,000 of
fund gold bonds, due Jan. 1, 1955, at 106
be made at the Title Guarantee & Trust
2030
Third
Ave.,
Birmingham,
N„
Ala.—
2298.
p.
Princess Shops, Inc.—Transfer
The
Colonial
transfer
agent
Agent—
Trust Co.,
New York, fr. f,,. has been appointed
for the 60 bent, fcuiriulativfe dividend hfefOfred and the
stocks.
See
also
V.
161,
2452.
p.
Public Utility Engineering & Service Cotji.-^OutpUt—
Electfic
tion
for
output of the opera ting companies
the
increase
an
served by this cor pota¬
ended June 2.
1945, totaled 185,440,000 kwh., as
183,008.000 kwh. for. the corresponding week last year,
week
compared with
of
1.3ft.—V.
101,
2487.
p.
Quincy Market Cold Storage & Warehouse Co.—To Re¬
deem Preferred Stock—
All
of
been
the
called
lated
outstanding shares of 5ft $100 par preferred stock have
redemption on Aug. 1 at $110 per share and accumu¬
for
dividend
of
$1.25
share.—V.
per
161,
p.
1358.
'1
Radio
Frank
Victor
Goodwill
(Alan)
Woods
6-15
5-31
$1.75
6-15
5-31
__
—
by
Station
RCA
Steel Co.,
7ft
Inc.__
Co.
prior preferred
Yellow & Checker Cab
Co.
1st preferred
2
6-12
2
6-15
newal
6-14
6-
6-15
6-
4
l
in
is
6-
6-30
6-15
6-30
5-31
6-28
6-16
1945
6-28
6-16
Ha. 1 way
20c
6-30
6-15
371/20
6-20
6-
1
$1.12'/a
6-15
$1.12,/Ji'
common..
;
6-
6-
7-2
'
6-
8
gi
6-10
6-4
$1
•
6-10
6-
4
isc
7.^4
6.20
25c
6-15
6-1
15C
(quar.)
30ft
Jamaica
books
6-29
6-18
25c
50c
$1.37'/a
tax,
not
(increased)—________
income tax.
closed
for this
U. S. funds, less
Payable in
JPavable
resident
Corp.
in
Canadian
15ft;
funds,
resident tax,
6-15
6-
6-15
•
5-19
1
v =9
-6>i
7-
over
of
the
usual
the
air
express
same
an
shipments,
increase
period
last
Express Agency reported
of
six
161,
months.—V.
not
2114.
p.
for
the
the
Air
Express
June
on
traffic to and
quarter of
including
41.6ft
year,
Red Bank Oil Co;
(Dallas*
I he
tor
company
090.793
ea
100,000
Bank,
„
6-15
.
6-20
6.
A
first
of
total
Division of
ship-
75,077
Less British
are
which
cf
to
filed
common
be
firm
sold
is
a
Tex.)—Registers "With
to
(oat
Bennett
&
$1).
Of
the
named
the
sole
statement 269,970 shares
SEC
regis-
parent of
underwriter.
be issued
to
to
,
be
issued
to
three
stockholders
of
Federal
Steel
Products
Corp.,
hlv!Xh^!?g? i0^ a.U £Rdernl's stock.
riaimJ Ti1 lsS|Ue^ to Bennett & Co.,
h!
wot
king
The remaining 530.823 sn«rej
Inc., in exchange for notes and
Offering price to the public will be filed
0
comPany's part of the proceeds from the publie
shares, estimated at
approximately $180,000, will be added
capital.—V,
159,
p.
2122.
6- 8
'
Bi.vth & Co,, Inc.. and
tax.
«h£rp"!
Co., Inc., Dallas,
are
& Light Securities
Co.—Secondary
income
SEC
registration statement with the
stock
According t°
Bennett &
iV-t«~nc''
return Tor a like number of shares loaned "by the parent
A
r.e£istrant in connection with the acquisition of 54ft of the
outstanding Stock of Seatex Oil
Co., Inc.
A block of 150,000 shares
will
6-5
.u
May 31
on
shares
the registration
to
75c
25c
dividend.
a
instead
year
1
6-11
-
25c
15 ft Canadian non-residents' tax
tax deductlbv
ef,„T_o
7ft.
a
p24S88We1'8 handled during the first three months, 1945.—V. 161,
tered
;
for
International
5.25
3
—
(accum.)
in the war
in 1943 by
Princeton, N. J., Dr. C. B. Jolliffe, Vice-Presi¬
the Laboratories, announced on June 1.
The re¬
ro1? Canada, showed
1
7-
15c
Co-operative Mercantile Institution—
Quarterly
Less
Army-Navy
for
at
Charge of
Zion's
+
Star
1
6-15
+5C
(quar.)
Youngstown Sheet & Tube Co., common
5Vaft preferred (quar.)_
•Transfer
the
Railway Express Agency, Inc. — International Ship¬
ments Up 41.6% in First
Quarter of Year—
6-15
$1.75
(Consol.)
Young (L. A.) Spring & Wire
x
at
administration
1
50c
(quar.)
(accum.)
preferred
7-
7-
10c
Corporation
Products
of financial
year.
Laboratories Wins Fourth
Laboratories
15c
Youngstown Steel Car Corp.,
Youngstown Steel Door Co. (quar.)
Zonite
Division.
A /cjB'kh star for continued outstanding achievement
w# b^en added to the Army-Navy "E" Flag won
RCA
50c
_______
Wright-Hargreaves Mines, Ltd.
Yale & Towne Manufacturing Co.-
Class A 2nd
General David Sarnoff, President of this corporation.
time, John G, Wilson was elected Operating Vice-President
Victor
Flag—
si
(quar.)
Worthington Pump & Machinery,
41/2 ft prior preferred (quar.)_^
Class A
E
50c
Worcester Transportation Associates,
York
has been Vice-President in charge of RCA
January, 1944. on June 1 was elected Executive
charge of RCA Victor Division, it was announced
Victor Division for the last
dent
pfd. (accum.)
&
conv,
same
who
since
in
ni!r',T1^llson llas keen *n charge
RCA
15c
(quar.)
Lothrop, common
7ft preferred (quar.)__
4Vaft
Folsom,
Brigadier
the
25c
__
Manufacturing Co., Ltd
Woodward
M.
Division
of
5-31
$1.50
Corp. of America—New Exec. V.-P., Etc.—
Vice-President
6-11
6-15
4
43 %c
15c
$1 class
prior
next
Polk Building Co., Detroit—Calls Bonds—
(R. L.)
All
At
$1.12s/a
Zeigler Coal & Coke Co.——_r—___________
6-11
,
common—u—
(quar.)
new
the
159, p. 2562.
RCA
—
U.
V.
7-16
7-16
7-31
8c
7- 2
common
S.
10-1.5
5-21
$1.25
preferred
States
1
6-15
1
8-1
8-
25c
________________________
The
5-10
9-15
20C
Quarterly
Quarterly
10-15
11.
(s-a)__
Co.
(quar.)—
6-20
75c
Corp.
(quar.)—
Oil
2
(quar.)
1
preferred
7ft
7-
50c
U.
the
during
or
Pittsburgh
11-15
11-
preferred
6ft
Wiser
Wood
(quar.)
12-30
$1.50
Light Co.—
(quar.)-
6-15
$1.75
Pipe & Foundry
that
&
6-30
$1.75
S.
and
basis
5-15
$1.50
Michigan Power—
preferred (quar.).
$6
(quar.)—
U.
relation
Effective June
Wisconsin
WJR
50c
Co., common
6-30
$1
Investment
5-15
Graphite Co.—„—
(N. Y.) (quar.)
preferred
one
the
to
6-1
preferred (quar.)
6-20
U. S. Leather Co., 7ft prior preferred (quar.)
U S L'nes Co., 7ft preferred (s-a)
7%
7-2
$1
6-23
U. S. Guarantee Co.
United States Gypsum
G-21
Extra
7-10
non-cumulative class A
United
6-21
1
___
$2.50
50c
4%
1
7-
2
(quar.)
common
__—
6-12
common
.v
7-
—
Common
7-2
2
preferred-
Inc.,
1,
Stockholders
protection
in
the Edward Valve
5-31
Electric Power Co.—
7-
(final)
(quar.)
Publishers,
7-
6-11
$$2.50
Wisconsin
$2 preferred (quar.)
:>■——
United Public Utilities Corp., $3 pfd. (accum.)
U. S. Casualty, 4ft non-cum. class A—-—
&
7-16
$$2.50
pfd
non-cum.
6-15
6-
1
5ft
6-30
10c
Printers
July
dividend
a
6-19
$25c
Winnipeg Electric Co.
2 Va ft
United
com.
The
Co.
defeat
able
6-rll
75c
—
Bankshares
30c
(ord. reg.)
Paperboard Co., Inc., 6%
6-8
2
$1.25
(quar,)
(quar.)
Wisconsin
$1.25
RR. & Canal Co.
United
2
6-25
$1.75
(quar.)
(quar.)
Wieboldt Stores, 6ft preferred
$5
7-
7-
5
20c
preferred
Products
Willson
6-8
25c
1
—
New Jersey
capital
of
present purpose of the committee is to bring about
abandonment of said plan as being unfair and
inequit¬
preferred stockholders of Pittsburgh Coal Co.
The
committee
is'comprised of
James
L.
Carey
and Benjamin
Roth, with Franklin Schwoerer, 25 Broad Street, New York 4, N Y
as Secretary;—V.
161, 2337.
Coal
the
6-1
6-
7-2
$1.25
preferred
6-15
6-11
25c
(quar.)—
7-14
—
United
011
Preferred
the
for
common
37V2c
__
Motor1 Co
6-
50c
—
(quar.):
United Molasses Co., Ltd.
retired
be
placed
company
6-15
50c
common
6-30
53c
preferred
be
tentative
A
the
6-9
6-15
58Vbc
Manufacturers (quar.)-
Extra
5%
the
basis
5-29
8-15
(Del.)—
(monthly)
prior preferred
will
notes
6-11
Weston Electrical Instrument Corp. (reduced)
Weston (George) Ltd.
(quar.)—
Wisconsin
prior preferred (monthly)
6.36ft prior preferred (monthly)
6%
of
outstanding
the
on
and
ten,
will
formed
6-18
25c
$4c
7%
United
the
35.205,
Pittsburgh Coal Co.—Protective Committee Organized
5-15
6-15
$38c
—
Co
United Light & Railways Co.
readjustment
reducing
6-15
$1.25
30c
(quar.)
6-30
50c
(quar,)—$1
Co.
Westmoreland, Inc.. (quar.)
Westmoreland Water, 6ft preferred
Extra
1)
June
stock
1
11-15
11- 1
2-15-46 2- 1
8-15
8-1
11-15
11- 1
2-15-46 2- 1
6-15
5-19
75c
;____
50c
on
$1.50 cl.
8-
$1.25
$1.25
5ft preferred (quar.),
Westinghouse Air Brake Co._i_____i.
(payable in
price
8-15
75c
___
$30c
the
at
United Corporations,
the
about
■
6-15
$1.25
75c
stock of Westvaco Chlorine
7-2
6-18
6-11
6-20
75c
Products
Westmoreland
to"
■
from the
preferred A (quar.)
Steel
lateral
6-15
(quar.
Western
352,058
reducing the par value from $1 to 25 cents- and
(b) by authorizing the issue of a new class of prlbf preferred 'stock
of $1 par value to be exchanged
share for share for the present
preferred stock of $5 par value and all accumulated dividend and
other rights thereof.
The company states it is anticipated that the
balance of the col¬
for
share
6-15
25c
20c
(quar.)
Western
Co.—Recapitalization—
company
from
shares
mon
2
$1.50
preferred A (quar.)
Wilsil,
(quar.)
Chemicals, Inc.
1
$1
25c
(reduced)
(quar.)
United Artists Theatre Circuit, Inc.—
5ft preferred
(quar.)———.
common
1
1
—
preferred
the
of
authorized
(a)
by
have
stockholders
6-2
(initial
6-11
Union
.
6-
Pioneer Petroleum
The
6-15
6-19
Corp, (s-a)
5ft
6-19
—————
8-li
announced June 4 that he would ask the U. s. Supremo
of. certiorari on the Third Circuit Court of Appeals'
review of fee allowances.—V. 161, p. 2225
writ
a
structure
an
Snowdrift
5ft
5ft
6-15
7-
& Co.
&
Common
5-31
6-25
60C
Inc
Oil
Common
5-31
6-30
Bag
Union
4
50c
2
8-15
for
rejection of his petitions for
6-15
.__—
5-29
6-15
(quar.)
Co.
& Paper Corp
Unioli Carbide & Carbon Corp.
$0
6-11
37J/2c
(quar.)
Clutch
Underwood Corporation
Union
6-
$$1.73
6- 1
6-23
6- 5
6- 5
6-14
5-25
6-1
Co.—
Texas Utilities, $6 preferred (quar.)__
Virginia Coal & Coke
Virginia Pulp & Paper__
West Virginia Water Service Co.—
$4.50 preferred (initial quar.)—
Western Cartridge Co., 6ft pfd. (resumed).
Western Department Stores (increased quar.)
Western Pacific RR., common (quar.)—_a.__
Corp.—
La Salle Street Corp.
South
208
Tybor
(quar.)..
6-15
.
Fixture
West
5-31
(quar.)
preferred
$1.50
Twin Disc
pfd.
50c
$$1.75
(quar.).
&
West
5
6-15
$1.18%
Tuckett Tobacco Co.,
Pump Co.
$1.50
West
5
6-15
25c
(quar.)
Ltd., 7ft
preferred
6-
$1.75
—
6-15
7-2
7- 1
7- 1
7- 2
,—
participating 1st preferred (accum.)...
Wesson
8-10
25c
(s-a)
1
$1.50
—
(resumed)
West Indies Sugar
11-10
6-15
$1.37 ¥t
common...
preferred (quar.)
Rayon Corp., common
Tubize
8-15
11-15
$1.25
Association
Greenbush RR.
&
Truax
6-29
—
(quar.)
50c
Extra
25c
_
Mills
Wells Gardner
2
25c
(quar.)
(quar.)
$1
(s-a)
Wellington Fire Insurance Co
5-24
common
6-30
7- 5
6-15
6-15
(accum.)—
(quar.)-.
Weber Showcase
6-15
$$1.25
25c
Trion
RR.
preferred
5-11
5-11
6-15
9-15
12-15
5- 8
6-15
6-15
25c
$2
,
50C
Shoals Manufacturing
Wayne
9*
6-22
5-15
5-15
50c
75c
$3.50
50c
$1.25
—
Wayne Knitting Mills common.—.—
6ft preferred (s-a)
2
(quar.)
Trinity Universal Insurance Co.
.
Mills
Washington Water Power, $6 pfd. (quar.)—
Motor Co;
(quar.)—
i
6-
•
$4
General
(quar.).
$1.75
$1.75
■
____
River
Warwick
5-25
6-15
6-20
«2c
Ltd.
Brothers,
Toronto
(quar.)_
(quar.)i.—
Baking Co., $7 preferred
5ft
6-15
6-15
7- 2
10- 1
1-2-46
$1.75
(quar.)
Waukesha
50c
-
preferred
preferred
Ware
2
35c
(quar.)
—
____.
Ware
5-25
7-
-
Ward
6-15
6-15
m2c
(quar.)
Wamsutta
1
10c
Shipyards Corp
Bell
Royalty—
Tooke
7ft
6-10
(quar )
(quar.)
preferred (quar.)_
Watch, 7ft preferred
7ft
1
7-2
;
(quar.)
common
7- 2
7- 2
7- 2
7- 2
6-20
6-11
7- 2
6-12
6-15
6- 8
6- 9
6- 5
6- 1
6- 5
5-31
6- 8
7-16
6- 9
9-10
7-10
J0-10
6-11
6-12
6-12
6-12.;-6- l*
5-10
(H.) Gooderham & Worts, Ltd.—
-
93 %c
—
Ltd.
Tailors,
Tip-Top
$1
(quar.)_
Waltham
5
$1.25
Axle
Timken-Detroit
Tom
6-18
$1.12 y2
preferred
preferred (quar.)———
$4.50
Todd
6-15
t40%c
1st preferred (accum.)
Tide Water Associated Oil Co.—
Tilo
25c
$1.30
,
Stores, Ltd.—
GVi ft
6-
Co.,
Inc.
10-20
t$l
t25c
Corp.
(quar.)
Mines, Ltd. (quar.)
preferred
Common
4*
(quar.)
System,
Walgreen
Walker
—
Thompson
Thrift
Waldorf
4ft
—
Electric
Waite Amulet
—
—
iquar.)
Co.
preferred
common—
(quar.)
7-20
tS 1
20c
75c
$1.75
50c
$20c
25c
40c
$1
(quar.)
Ltd.
Corp.,
9-20
$1.75
$1.75
-
(quar.)
Cotton,
Wagner
5-28
(accum.)
preferred
Texas
7ft
1
10c
35c
$1.50
common
:
2nd preferred
$3
5-31
6-11
Co.,
(quar.)
Baking
Wagner
_____
Telephone Bond & Share Co.—
Tennessee
Wabasso
8
7-
$1.50
(quar.)
Detinning
preferred
preferred
7ft
1
J20c
(quar.)——
7ft
(quar.)
(quar.)
Common
6-15
2
preferred
Vulcan
6-15
68 %c
(quar.)
6%
6-18
8-
$20,000.
Mr. Palmer
12- l
6-1
6-12
6-15
7- 6
6-15
6-20
6-15
6-15
6-15
6-20
6-21
8- 1
6-20
10c
$1.25
62y2c
37'/2c
Corporation
Virginia Electric & Power Co. $5 pfd.
Virginian Railway
12-10
50c
U0c
t7c
25c
25c
25c
7
2560)
page
the
from
Court
preferred
Vinco
6-16
1
$1.25
Co
(quar.)
i-i...
7ft preferred (quar.)
——
—Veeder-Root, Inc.
Ventures, Ltd.
(interim)
—
Viceroy Manufacturing Co., Ltd. (quar.)—
Victor Equipment Co.,
common
$1 convertible preferred (quar.)_
Viking Pump Co
2
6-15
——
(accum.)
stock
priority
Norman
7ft
6-15
2
(quar.)—.
(quar.)—
Vapor Car Heating Co., Inc.—
—
Telautograph Corp.—.—
1st
Van
5-19
40c
Ltd., common
Products
Tccumseh
l'/e
$5.50
(Continued from
holders in the reorganization of the company ^
granting by Judge Kirkpatriclc of fees totaling $729 001 i-V a
score
of lawyers and reorganization
experts for their services
Mr
Palmer had asked
for a fee of $75,000 and the SEC
recommended
security
minority
prior preferred
prior preferred
5ft
5
10c
(quar.)__—
(quar.)
i
Utilities Equities Corp.—
5-25
___•
(G.)
Tamblyn
9"
9
Radio
5ft
6-20
40c
Inc.
Talon,
9"$®
9
6-
6-30
10c
common
$1.75$1.75
6-
2
(quar.)
Inc.,
(James)
Taleott
6- 9
2
7-
75c
30c
Tacony-Palmyra Bridge, common
Taggart
6-1
6-20
7-
$1.25
—
(quar.)
$2.50 preferred
6-15
25c
$1.25
a
Utica Knitting Co.—
6-22
,
preferred
$1.25
Utah
6-20
1
E.ectric Products——
Sylvanite Gold Mines, Ltd. (quar.)
Syracuse Transit Corp., common—.
5ft
6-21
12-22
6-20
2
Sylvania
Common
7- 2
1-2-46
2
7-
Corp...
Company
62y2c
62V2c
7-
7-
25c
(quar.)
0-21
7-20
(irregular)
Insurance
Utah-Idaho Sugar
—
Co.
6-30
7-30
Fire
25C
j:25c
Corp
Paper
15c
10c
12-15
—
Corp., common
Co. (quar.)__
Steel
Co., 60c cl. A pfcl. (quar.)
Products Co. (quar.)
12-29
Sunshine Mining
Superior
6- 5
Utah-Home
35c
CO.
iquar.)
Co.
6-15
Upson-Walton Co.
9-15
t75e
preferred (quar.)
(accum.)__——
Stores, 6ft preferred (quar.)_
Strouss-Hirsnberg
$2
6-15
9-29
$1.25
preferred
5ft
(Salt Lake City)
6-30
$1.25
Strawbridge & Clothier, $5
6-15
7- 2
$1.25
preferred (quar.)
5ft preferred (quar.)
5 ft* preferred (quar.)
—
Stedman Biothers, Ltd., common
(interim)
6%
conv.
preferred (,quar.)__
Stokely Van Camp, Inc. 5ft pfd. (quar.) —
5ft
of Rec.
(accum.)
$2
—15c
pfd.
Upressit Metal Cap Corp., 8ft
Stecher-Trnung Lithograph Corp.-—
Holder<
Payable
Share
Name of Company
of Rec.
Payable
When
per
Holaert
When
rcr
Share
Name of Company
Monday, June 11, 1945
CHRONICLE
THE COMMERCIAL & FINANCIAL
2596
a
"^0Qt
Whiting, Weeks
secondary
common
distribution June
shares (par $10) at
concession to dealers of
'40
5
of
$18.25
cents
Offering—
& Stubbs effected
a
block of 10,000
per
share,
with a
Number 4393
Volume 161
THE COMMERCIAL &
FINANCIAL CHRONICLE
Quarterly Report—market quotations (after allowance
upon
Rased
,„?„K
Federal
reil
were
I
the following summary shows the aggregate of assets available
each claSS °' SeCUrUy " 'hC C°mPany ™tsUndlne «» »t
hates
led
shown.
■
.
■_
Per
F
Total
$248,04
280.17
267.91
23.34
142 835
140 412
140,412
$260,716
$258 535
36,053
——-
—
33^72
67,894
$157,569
215,838
surplus
Total
—
48'942
April 30—______—„„
surplus,
Earned
Comparative Balance
1945
1944
$726,469
4,353,700
__I
4,400,935
95! 195
164.311
1—I
^SOl
59i231
expense.......
receivable
Unamortized bond discount and
2°7'639
511'2C°
''3«2»
$0 26
SO 31
6f.26t
67.052
ni
i —
I', 7i'47? shares of $1
$9,561,084
-
p'
'
trust 3V4% bonds____
Accounts payable and accrued expenses
there is
liability
54,167
Common
Special
Period End. April 3(P-
Railway
oper. revs.____
$6,288,581
515,047
855,317
Earned
—V.
260,257
5,946,296
122,170
113,437
469,370
522,801
0(ua°per. income
51.195,104
$1,038,935
$4,968,098
$4,122,636
oper. income,
^30.975
28,782
127.376
122,479
Deductions f°ronV™ihTv 81,226,079 51.057,717
$5,095,474
$4,245,115
282,805
1.294.372
1.20,.675
$894,107
$784,912
$3,801,102
$3,040,439
44 ill
94 Q95
114 407
ion 190
and
that
understood
this
corporation
is
to
all
call
of
its
for redemption on or about July 9, 1945,
accumulated and unpaid dividends, according
share
plus
action taken by its board of directors
a
It
understood
also
is
Gross income
Deductions
from
that
board
the
voted
$819,907
the
to
stock-
mately
and
change
for
into
by
stock
common
issuing
in
of
stockholders'
talization.
with
exchange
shares
three
present
the
a
stock
("Boston
stock which
value
par
each
for
common
meeting
common
of
share
$5
a
share
a
and
to
to
vujue
this
par
called to act on this proposed
News Bureau.")—V. 159, p. 1485.
is
do
the present common stock
value of $5 a share. A
of
having
without pai
is
be
recapi-
Net
'
i
The
Midland
Marine
transfer
—V.
161,
Trust
of
Co.
has
York
New
;e
continent*!
Engineers
250 984
$688,786
directors
have
voted
stock,
be
1 010 168
gtock
$2,945,351
$2,148,817
15
to
dividend
of
participation
$5
All
u
called
been
have
dividends.
Distillers
Corn
Partial
June
on
be
made
at
The
East 9th Street, Clevelanc
will
Payment
convertible pieferied
next, at 110 and
30,
Cleveland.
Tiust
CO.,
Ohio, oi at
t^e GuarBroadway, New York, N. Y.
Shares
of
said 6%
preferred stock are convertible into common
stock at the rate of one share of common for each $175 par value
Euclid
antv
of
Co.
of
York.
New
140
preferred stock on or before the close of business on June 30,
6%
1945,
and
Avenue
Trust
above-mentioned banks.—V.
either of two
at
Montreal,
Gas &
Water
been
called
bonds
at
for
share and dividends.
is
N.
at
Period End
Rpderrmtinn
31—
June 30. next, 10,000
cumulative preferred stock at $105 per
on
$652,703
86,186
taxes.
17,886
before
Net
profit
after
—V.
161,
g
Ohlandt
q
and
Walter
Palmer
T.
Railway
oper.
r
been
have
elected
otOCk
Holders
the
of
common
plans
pany
new
according to
issue,
to
and
common
a
"B" stocks will be offered
preferred stock the comproxy statement mailed to stock-
the $49,000,000 of
new
holders.
Authorization
at
the
tors
initial
not.
The
at
according to the proxy statement, at an
3%%
than
the
basis
not
490,000
than
more
of
no
croft
corporation
T.ahoratoried
Radio
Katll°
June 6 announced
on
Tne
Laboratories,
radical
a
To
^pll
inc.—10
departure
bell
from
intention
to
preferred
common "B"
be one share, of the new
20 shares of common,or
jlejd
Negotiations, it is understood, have been carried on
Read & Co., Inc., and Reynolds & Co. to head a list of
to
handle
The
shares
the
addition
of
not
subscribed
$49,000,000
to
for
the
by
with Dillon,
underwriters
markets,
organization
E.
J.
Halter,
is
President, said,
expected
company's
funds
and
completion of
than
More
soon.
continue
—V.
to
161,
p.
deajel.s
^
supplement
working
its
capital
by
bank
borrowings,
Horace
,T.
(N. J.) Metals Co.—New Vice
and Victor
1442.
Harvey
Presidents.—V.
160,
dozen
a
Ritschard
have
been
York
New
an(j
The
First
it
of
first
and
1 n!
Bank
til
mortgage
to
s
Tn
n
primarily
o
training
as
schools
nkii?g ?und
exhaust
the
trustee, 33 South Clark
2 receive bids for the
and
Street,
interest.—V. 161, p. 246.
Rochester Gas & Electric Corp.
* •»,
.
Hearing June 13
The SEC will hold a hearing on June 13 on the proposal of the
corporation to reclassify its outstanding preferred stock and to retire
40.000 shares of its preferred.
The company proposes to reclassify
its
stock, consisting of 120,000 shares oi^G-r
D and 40,000 shares of 5%
series E stock, into 4 r preierreci,
series F,
which will be redeemable at $105 plus accrued dividenas
The proposed
program is
contingent upon its approval by at i
s
two-thirds of the outstanding preferred and common stocks.—V. 161,
outstanding
preferred
series
P«
$
2488.
to
Co.—Weekly Output—
\
$
-4 Mos.—1944
$
$
67,343,062
2.574,878
2,441,405
2,790,551
2,641.897
1,285,217
1,215,983
5,194,396
4,862,687
6,308,677
7,443,456
26,606,225
31,328,519
18,223
11,331
Cr48,962
33,316
Hnd
taxes
taxes
Drl,873,017 DjT.523,281 Dr7,345,762 Dr6,887,194,
DrG 9,186
Dr74,249
/)r284,695
Dr507,27O
railway oper. inc.
Other
4,184,433
4,297.300
406,756
671,610
4,591,189
income
Total
Misc.
2,800.113
18,342,219
21,440,885
50,214
for
Total
fixed
Total
conting.
59,539
214,379
239,019
5,540,975
1,976,425
4,909,370
2,066,876
18,127,840
21,201,806
7,829,749
8,319,390
1,310
270
5.240
2,564,550
2,841,184
10,297,821
12,877,236
84,930
161.665
714,301
1,031.740
0 179,922
0179,922
Cr719,688
Cr719,6R8
11.731,810
14,628,664
chgs
of
S.
Transp. System
*Net
income
of
controlled
tConsol.
P.
___
solely
affil.
cos...
adjustment
Consol.
net
"Results
income_.
of
certain
S.
P.
bonds
income
.
fixed
charges____.
income
18,640,770
4,968.910
deductions
avail,
16,654,014
1,688,205
income
Net
50,181,783 201,496,962 203,609,265
140.0J5.401 136,266,203
city
(net)..
to
1945
2,829,402
RR.
of
Co.
3,182.771
Mexico excluded.
of
solely controlled
by S. P. Co.—V. 161.
(Representing interest
affiliated
companies not
credited
^4h&.
p.
Southern Ry.—Gloss
Period—
Earnings—
Estimated
$
—V.
$
the
on
stock,
capital
declared
1
June
dividend
a
payable June 30
Payments in 1944 were as follows:
19
cents
holders
to
of
of
record
June 30,
per
share
June
20.
19 cents, and Dec. 27,
President, realized capital gains
SQ
far fhis year amount to approximately
$170,000, and unrealized
capital gains are about $2,600,000, but no capital gains dividends will
to
Rubin,
P.
the
end
of the
year.—V.
161, p.
772.
,
Sinclair
Refilling Co.
erties
If
p.
been
have
There
$
148,568,655
142,624.519
for
redemption
on
Da,
July
1,
next,
$10,000
the
1945
,
,
1944
explained
that
earnings
before
taxes were around $22,000,000, or about the same as in the first
auarter of 1944.
Domestic and export sales of a# products were
about 7% greater than in the first three months of last year.: The
company's net production .of crude oil in the United States averaged
\hp
barrels dailv,
company's
an
increase of 5%, and
refineries
averaged
for
application
SEC
will
be
considered
by
the
UEC
members
his
family
for
to
of
system
Frank
O'Neil,
$237,000,
and
will
resident,
a
of
$70,000.
it'f was
stated,
first
3%%
would
be
applied
retirement
the
to
mortgage
bonds
due
April 30—
Net
for
161,
1945
p.
1944
$604,000
375,000
251,000
$335,000
income
$353,000
taxes.
income—
161,
1962.—V.
$710,000
profit
Provision
in
Spalding & Bros., Inc.—Earnings—
6 Months Elided
Net
1029.
Sperry Corp.—Arranges New "V-Loan"—
A
new
Regulation V credit for $75,000,000 at 2Valt
interest on
borrowings and running to Dec, 31, 1947, has been arranged by this
corporation with a group of 50 bunks throughout the country, headed
by
the
that crude oil processed
386,000
barrels
Trust Co.
Bankers
of
York.
New
agreement replaces the credit arranged
new
daily,
against
of
business,
war
commitments
dent.
up
predicted that in the immediate post-war period there
vri,f. pe a dec]ine in demand for oil products, particularly gasoline, but
rft£r fjve ye„rs pe said, economists expect a substantial expansion in
the consumption of oil products.
1
Jennings
demand for oil products in the immediate post-war
ueriod" - he continued, "is likely to be substantially less than prewar
h
.
^ the „reat structural damage In Europe,
the generally un-
improved
and
Another
according to
factor,
terminated
of
efficiencies
operating
inventories,
important
of settlements
The
in
1943,
which
was
Mr.
war
and
close
Thomas A.
Morgan
said,
control
Morgan,
was
the
of
Presi¬
speeding
contracts.
Bankers Trust
Bank
Co. of New York has been reappointed as ageni
participating banks.
Other New York banks participating are
of the Manhattan Co., Bank of New York, the Chase National
of
the City of New York,
the Commercial National Bank &
Trust
Co,
York,
Guaranty
for
the
Bank
United
„The
the
for $125,000,000 at 33/i% and running to l>e. 31, 1946.
The company's
decision to reduce the amount of the credit is based on material re¬
ductions in its need for outside funds as a result of a reduced volume
after all charges and taxes $11,000,000 $16,000,000
President,
and
III.,
company's
The
Jennings,
bv
2116.
of
Socony-Vacuum Oil Co., IllC.—Earnings—
Brewster
-
Issued
approved, company will sell Its natural gas dis¬
Kingfisher County, Okla.,
to
E. R.
Puhan
ol
distribution
proceeds,
of
Mich.
(est.)
Units—
order
Partial Redemption
outstanding first mortgage 3% bends dated April 1, 1932, at 100,
plus 8% deferred interest applicable thereto, plus accrued interest at
rate of 3^, per annum from April 1. 1945, to July 1, 1945.
Payment will
be made at the Detroit Trust Co., trustee, 201 West Fort
earnings
an
..
the
Detroit,
in
Tex.,
water
County,
The
The
is
system
its
Cook
with
company
has filed with the Commission
a
itself of all interest in its gas and water
prop¬
Oklahoma,
Worth,
sell
compliance
the
proposal
tribution
—V.
called
1944
$
9,160,027
15.
the
(A. G.)
2335.
,
in
in
further
1942,
divest
to
June
011
lOO-Octane Output—
On May 25 the company's refinery at Corpus Christ! (Tex.) produced
its two-millionth barrel.
Both plants have exceeded governmental
contract requirements, Houston by 20% and Corpus Chnsti by 10%.
160,
19,
proposal
_
The company on June 6 reported production of the four-millionth
barrel of 100-octane aviation gasoline at its Houston (Tex.) refinery.
—V.
step Sis
a
p.
untu
considered
be
Edward
1945
9,277,397
earns,..
248.9.
p.
Sept.
Fort
consecutive years,
According
gross
161,
As
on
cents,
12
Jan. I to May 31
S
Southern Union Gas Co.—To Sell
,
.
Selected American Shares, Inc.—19-Cent Dividend—
directors
>
.
10 Days End. May 31
1945
1944
81,810,333 316,005,247 296,007,928
77,459,811
173000
.
will
Interest
$
1945—4 Mos.—1944
.
B.
sale to
6% bonds due May 1, 1954. to an
sum
of $13,548, at prices not to
Julv
'u.nt sufficient to exnaist tne sum
par
1945—Month—1944
Quarter Ended March 31—
Chicago
redemption
accrued
61,401,559
.
Net
of
for
and
655,210
70.9,569
(net)_
on
Chicago
—V. 161, p. 2116.
p.
National
snfficient
amount
PY
T11
fixed
15,930.382
the
representatives,
Sales
Roberts & Oak, Inc.—Tenders Sought—
Chiraen
and
Corp.
Wilitam
628,945
rents
The company expec ed to resume peacetime production at about prelevels, Mr. Halter said.—V. 161, p. 1583.
;
Vice
elected
57
681,095
taxes
rents
well
are
Presidents-
,
trustee,
15,548,793
county
Federal
war price
Street,
Riverside
Co.,
.
reduce
467.
$100,000
100
at
34,251,401
.
in
studios
ti0n
Slom^n-PolK;'C®»» Detroit* Mich.
w'ould
next.,
50,401,860
tax
known department stores and others will be leading music houses and
furnishing companies
Scott will continue to operate demonstra-
home
stockholders.
the amount of borrowing from banks for leaf tobacco purchases,
however; the statement continues, "it is contemplated the company wiu
1,
1951,
Southeastern
34,353,067
from ry. oper.
rev.
State,
its
and operated studios in a few cities as was true in the pre-war
period. Franchises have already been granted in about 85% of these
interest rate of
present
shares
for each
$100
have
directors
The
490 000
subscriptions would
than
less
preferred stock will be sought
meeting, on June 26.
If approved, direcof the 750,000 shares ($100 par) as an
$75,000,000 of new
issue
to
series,
more
issue
for
special stockholders'
intend
in
exps
Federal retirement taxes
Inc.
plus a special of 15 cents.
It was announced that the
corporation has made uninterrupted dividend payments for more than
rights to subscribe to
date
thereof
Fewer
charges
26
Issue—
1,
1945—Month—1944
Vice
Ohlandt, former President of the Grocery Store Products Co.,
subsidiaries, joined the Schenley corporation's executive staff
|* \
on
Co.—Plans New Preferred
To¬
revenues-
Railway oper.
Net
$
t
also
been
Co.—Earnings—
Joint facil.
'
The
Reynolds Tobacco
J.)
1
4?,560
July
The
as
Trust
the
to
amount
Sears, Roebuck & Co.—May Sales Off 5.3%—
$1,230,724
76,575
24,521
have
Earnings of Transportation System
Equipment
Mr- Palmer, who joined the Schenley organization in 1J42, has been
serving as administrative coordinator,
772.
p.
.
(R.
C+
$1,77?,975
193,060
on
June
due
known
Colonial
prior
Period End. April 30—
Presidents
161, p. 2115.
1945—9 Mos.—1944
$454,377
32,584
9,760
which
"The
It
Press
160, p. 2189.
Colorado
Miscellaneous
Two New Vice-Presidents Elected—
Period End. May 31—
1945^—3 Mos.—1944
1
profit
Province."
Southam
Y.
principal
Unemployment Ins.
Payment will be made at the Bankers Trust Co.,
J.—Earnings—
taxes
Mar
Net
of
1877.
Ottawa
below.
bonds,
now
the
presented
the
Southern Pacific
16 Wall Street, New York, N. Y.
„
Billings
Co.
redemption
trust
company
'
Resistoflex Corp., Belleville, N.
both
in
"The
Journal,"
output of this company for the week ended Jhne 2,
1945,
2,002,000 kwh., as compared with 1,788,000 kwh. for the corre¬
sponding week last year, an Increase of 12.0%.—V.
161, p. 2489,
share on the
certificate holders of
rartiai Keacmpiion
The corporation has called for redemption
dealer
„„„„„,.nui0
cumulative
redemption
for
ii..a
•.
,
the outstanding shares of 6,<
of
stock
•
„
.
Daily
establishments,
$
acncmey uisuuers V/Orp.
major
.
.
established
Spectator,"
Edmonton
Electric
per
,S
:
"The
years.
collateral
This
July 1, 1945.—V.
1011754
1,011,754
above.
Republic Steel Corp.—Calls 6% Convertible Preferred
profit,
$3,160,571
1,010,158
$569,523
cash
a
July
^cotl
.
net
Southeastern Corp.—Partial
Redemption—
lien
paid
Net
Scheillev
The
Corp.
Hamilton
Vancouver
printing
Press
Payment will be made
T,°afCnfn°c lt?e co!"pany ^e*'.e reelected, including d. Gordon Rupe,
Jl" 01 Dallas Eupe & Son' Da"as' Texas' as p>«1<"=nt-v- ">»• P- «•
161, p. 2338.
av<„
shows
totaled
Through Dealers—
Management
*
first
San Antonio Transit Co.—$5 DividendThe
Republic Industries, Inc.—New Name—
See
55
over
Street, New York,
2339.
p.
appointed
been
"The
originally
was
"The
Herald,"
and
Southam
ha've
There
last Noveraber-—v- *8*. P- 2115.
; I
1944
!
and
agent of common and preferred stocks.—V.
and
interest.
120,132
_
$3,955,509
2 U,J84
'
income
Mr.
Reeves-Ely Laboratories, Inc.—Transfer Agent—
shares
Southeastern Gas & Water Co.—Partial
Redemption—
company
to
for
account
company
commercial
Southern
249 432
shares of its outstanding 5Vz%
submit
to
the
Calgary
Tribune"
as
(The)
gross
.
to
1,
June
on
of
"The
Called
154,407
'
$938,218
income
at
action by them a
plan to increase the capital of the
represented by the outstanding common stock to approxi$600,000 by transfers from the company's surplus accounts
holders
income,
oper.
.
'
out-
standing preferred stock
$55
ry.
payable
record July 1, 1945.
Split-Up Common Sharesis
It
Net
capital
Reed-Prentice Corp.—Plans to Retire Preferred Stock
and
the publisher of
is
See Southeastern
of
$9,091,920
1662.;
161, P-
have
of* $4,830,000
common
.,
0lhei ry.
252'98„!
$9,561,084
.'i-i—
which
consist
750,000
the
business for
340,822
499,087
surplus
Total
ronto
1.880,023
„
loss
business
operates
349,965
8,039,949
1,631.400
:
J
.
1945—4 Mos —1944
76,784
1,630,973
1"C0,"e taxes"
othei Federal taxes—
profit
will
and
ended
The
2,751,806 11,434,662 10,742,067.
95,905
On
Company
Citizen,"
Winnipeg
$5,611,936 $25,262,044 $21,674,622
2'"5'?78
debentures
1945.
debentures
same basis, the
company earned $156,386 for the three
March 31,
1945,
equivalent to 20 cents per share,
of the refundable portion of the excess
profits tax.
The
refundable tax for 1944 dorked out at an
additional 30 cents per
common share and for the first
quarter of 1945 at 6 cents per com¬
mon share.
indica¬
an
redeemable
June 30,
on
exclusive
of renegotiation on these
1945—Month—1944
Ry! Tax Tcmmals^ad
8,930
1,631,400
which
upon
perpetual
foe depreciation, income and excess
profits taxes and
debentures, at $619,542, equivalent to 82 cents per common
on
months
^ouis Southwestern Ry.—Earnings—
2,113,600
515,047
surplus
surplus
Capital
54,167
72,581
2,113,600
—
stock cum. ($100 par), series A, 6%_
stock (par $10)—
.
Preferred
1^'?a9
basis
no
5%
redeemable
company's
share.
refund
*
$4,000,000
88,718
interest accrued—
Coupon
Tax
$4,000,000
____
in
now
any
year
r?uUllS of its renegotiation for the prcvi-
8Hv
Non-operating income.
Collateral
are
the
provision
interest
.
ousvS„r£ ', ? the
yeai are definitely
known,
'
1944
not anticipated that
with
par).
after
1943.
conjunction
redemption
perpetual
The
or
for
in
offering states that
the company, after
giving effect to the redemp¬
of
$2,070,01)0
5%
111
re®ults f.°fr the company's fiscal
°us
called
(110
Pu?C!fS 0f rene8otiation, and it is
th
of
pre-
not re-
issued
capitalization
been
Co., Ltd.
share.
per
prospectus
tion
$0'83
company was
ma*e any refund for its fiscal years ended in 1942
'
the
'
^
3^7^ ^nrf1
$13
The
H
'!„f?"nnectionfwilh renegotiation, the
UgCreT-V ffi/^idCR ^ possible effect
$9,091,920
Liabilities
$
company's contracts for the fiscal
year ended in
,„m
'
sS
«n
Par common stock after allowing for
331.972
Total
~
„,a
i
ending Julv
at
„ 822 334
perlhari*"""
?ru"ed lo
Phe
3,589,182
-
Accrued5 interest*
$1>289,200
222'373
.
3,904,612
Other
$611,868
w^al,or.em)
'
$726,469
Stocks
Cash
$252,981
Sheet, April SO
Government obligations,
bonds and notes
S
^-942
$260,257
Assets—
$5C3,239
profit
tn„
63,408
dividends
dividends ——
Preferred
Common
Net
tEarnings
made in the Canadian market
by A. E. Ames &
no
Fed- lnc-
•
$365,331
earned*.surplus
Previous
Fed
Southam Co., Ltd.—Common Shares
Offered—Public
offering of 125,00 (no par) common shares was recently
43
•
_
1945-9 Mos-1944
J....;
207,762
63,408
—
67,894
u''°^
$156,769
$372,607
income
nt
before
$1RU24
Total expenses and taxes
interest and amortization on funded debt
Intcrest a
in.e
lei red dividends.
Sin^Sl
received
—-—
but
tax
21.75
Six Months Ended April 30
bonds and notes—
Am-n m
Nefprolifaf,erPdep?e7
$241.56
313.31
series A
Statemcnt of Income,
interest on
dividends
Dividends
$265.55
27.64
share of 6% pfd stock
share of common stock
"
per
Pertnrt Fnri
Apr. 30.'45 Oct. 31.'44 Apr. 30.'44
col. trust 3V*%, bonds
$100 of
Per
U
Royal Typewriter Co., Inc. (&
Subs.)—Earnings
for possible
if the indicated appreciation in the portfolio
V.
of
New
States
York,
Trust
Trust
the
Co.
Co.
of
247.
161.
P.
(E.
R.)
of
Continental
New
Now
.
Squibb
&
York,
Bank
the
&
Trust
New
York
Co,
of
New
Trust
Co.,
York, and the Brooklyn Trust Co.—•
v:;,1';
Sons—Registers New $4 Preferred
Stock With SEC—To Call Old Preferred Stocks—
forejgn
favorabie
economic
condition
unrest."—V.
there,
161, p. 2489.
and
the
possibility of
continuing
The
ment
An
company
covering
offer
series A
will
and
on
June 5 filed
shares of
150.000
be
$4.25
made
series
to
with
new
holders
of
the SEC a registration
cumulative preferred
$4
the
company's
state-'
stock.
outstanding $5
B preferred stocks to exchange the new stock
Monday, June 11, ig45
CHRONICLE
& FINANCIAL
THE COMMERCIAL
2596
nnri
depreciation and depletion, $22,529,551;
P
m
for
income
$1,J°»>
'.
,
for
holdings on a share for share basis, with a cash dividend ad¬
justment of 200 per share of $5 series A preferred stock and
share of $4.25 series B stock.
The outstanding shares of each issue not
presented for exchange will be called for redemption on August 1
$107.50 per share.
Stokely-Van Camp, Inc.—New
for their
50 pert
V.
the
Of
new
issue,
publicly offered when the
effective. The remaining 98,906 shares
preferred stockholders and the unex¬
also be publicly offered.
51,094 shares will be
changed shafes may
meeting of the common stockholders is being called for
June 25 to authorize the issuance of the new preferred stock.
It is
expected that the exchange offer will be made to the holders
outstanding preferred stocks about July 2,
The exchange offer
expire July 12.
The public offering of the 51,094 shares of $4
stock not required for exchanges will probably be made July 2.
■V Union Securities Corp. and Harriman Ripley & Co., are to head a
banking group which will underwrite the exchange offer and purchase
the
additional shares of new $4 preferred stock for public offering.
The price at which the new stock will be offered is to be
special
A
of the
will
preferred
determined
J
later.
from the sale of the unexchanged
new
preferred stock will be used by Squibb as additional capital to
assist in carrying increased inventories and receivables, for the con¬
struction of additional manufacturing and warehousing facilities, and
for other purposes incident to the increased volume of business being
done and projected in the future.—V. 161, p. 2489.
of the proceeds
major part
Tne
Printing: Co.—Partial
Standard Bleachery &
Redemp¬
The
has called for redemption on July 1, next, $6,900 of
mortgage bonds, series A, due Jan. 1, 1946, at 100
made at the Bank of the Manhattan Co.,
trustee, 40 Wall Street, New York, N. Y.—V. 160, p. 2854.
and
5%ft
Payment will be
successor
fifth
the
For
in
time
the Army-
this corporation has won
row
a
companies
award
with the
four
for outstanding war production. One of the few
in the packaging and wrapping field that have received the
so
often, it has held the "E" from December, 1942, and
new
award the plant will be entitled to fly the "E" flag With
white stars.—V. 161, p. 1029.
Navy "E"
Operating
Operating
Federal
$1,420,820
revenues-
691,811
expenses
193,274
68,085
taxes
taxes
Other
retirement re¬
appropriation—
Property
serve
100,000
100,000
1,200,000
1,200,000
359
276
4,845
$367,291
$379,990
7,719
9,145
$5,019,589
109,048
$4,951,524
82,061
revenuesOther income (net)
oper.
$5,128,637
2,378,615
$5,033,585
2,305,714
—
'
Interest
191,693
194,421
—
to
applicable
161, p. 2490.
in our earnings picture.
"The combination of these
part
tion
many
factors makes it more than
ordi¬
to estimate current earnings.
Moreover, our opera¬
widespread that it is almost impossible to establish cur¬
difficult
narily
so
are
situation in our world-wide business.
few years we will have some surplus of
refining and producing capacity, as will probably be the case gen¬
erally in the industry.
We now plan to use this excess refining
capacity In providing new and highev quality products.
"The great bulk of our new facilities for increased war production
ha's been financed by our own resources, and most of this can be
quickly and effectively converted to peace-time uses."
In connection with the company's investment abroad, Mr. Gallagher
said:
"Taken as a whole, it would appear at this time that our
properties in Europe can be restored to operation.
The financial
reserves we have set aside for the reconstruction of our properties in
rently, with any accuracy, the
"For a matter of at least a
the
European
area
adequate.
at all
seem
regarding the condition of the
Sumatra, in which we have a 50%
largely destroyed by our personnel as
they were driven out by the advancing Jup army.
"We arc working and cooperating with the appropriate departments
of Government in reestablishing our properties and business in foreign
lands as peaceful
pursuits are resumed.
As you may well imagine,
though, we, like many other business concerns, face many problems
in
resuming our foreign trade.
The answer to many of these probr
lems
wl'l depend upon political and economic developments during
have
"We
information
no
refinery at Palembang,
interest and which was very
large
period."—V. 161, p. 2489.
the reconstruction
Sterling: Drug,
The
ing
Inc.—Registers With SEC—
has filed with the SEC a registration statement cover¬
proposed sale of 125,000 shares of 3"/aft cumulative preferred
($100 par).
Eastman, Dillon & Co. was named as the principal
company
tne
stock
underwriter.
$9,500,000 which were
incurred in connection with the recent acquisition from General Ani¬
line. and Fi"m Corp. of the class B common stock of Winthrop Chemical
Co., 'and for additional working capital, a substantial portion of which
.is to he used for expansion ol plant and equipment.
The company
now
owns all of
the capital stock of Winthrop Chemical.
G.iving effect to this financing and the proposed two-for-one split-up
of
the common stock and certain other changes, the company will
have
out tanding
a
$700,000 first mortgage on land, buildings and
equipment; 125,000 shares of 3"aft cumulative preferred stock ($100
par) and 3,749,526 shares of common stock.—V. 161, p. 2228.
to retire bank loans of
will be used
Procceus
Electric Co.—Earnings—
Tampa
1945—Month—1944
Ppiicd End. April 30—
Ope:atlng
Federal
date
Utility
—V.
did
'•'*#>
The
The
V.
$115,167
$1,328,042
30,457,
2,907
.
'.
dividends
t'-idends
Preferred
Common
—V.
161.
■i, u
_
$112,260
$1,249,397
$1,161,469
956,434
$102,844
inc—"e
956,424
20,417
—U'L
I
2490.
p.
Period End. Apr. 30—
Operating
Federal
163,664
6,172,018
5,'555.'o65
229,84a
207,134
2,587,131
2,084,892
71,524
09,639
847,855
843,664
retirement reappropriation—
70,000
83,333
973,333
1,000,000
revenues..
$314,163
$256,703
$3,704,959
$3,542,272
(net)....
4.443
J3.240
54,606
35,034
expenses..
taxes
*
...
taxes
Property
se.ve
1945—Month—1944
1945—12 Mos—1944
$1,201,282 tl,080.47? $14,285,296 $13 025 893
cper.
$318,606
Gross income
Interest
N«t
charges,
Dividends
—V.
—
income
$259,943
$3,577,306
153,329
145,73o
1,861,074
1,850,506
$165,277
S104.207
$1,898,491
$1,726,800
375,678
375,678
applicable to preferred stock
2152.
161, p.
$3,759,565
....
88,267
31,464
341,776
337.611
111,060
92,100
301,560
223,185
$262,869
$255,218
$893,588
$806,797
taxes
45,797
credit).
3,933
3,817
18,458
17,699
$266,802
$259,035
$912,046
$824,496
3,019
3,434
13,433
10,734
$263,783
$255,601
$898,613
$813,762
(net)
deducs._
misc.
applic. to United
Public Util. Corp.—
Bal.
former
who
been
to be issued in connec¬
159,592 shares of common stock.
In the merger of Missis->
sippi River Power Co. into the company, each share of such preferred
stock, other than those which may be acquired by the company pursu¬
ant to an offer to purchase such stock for $115 per share during a
period ending May 24, 1945, will be converted
ferred stock, $4.50 series, of the company and
shares of
common
the
than
company,
into one share of pre¬
will be converted
into three-fourths
of
—V.
called for thereby.
After the expira¬
the company will pay and discharge
unexchanged scrip by payment in cash on the basis of the aver¬
closing prices of the preferred stock, $4.50 series, on the New
ond-year
such
Stock
period,
during
Exchange
a
five-day
period
and
gen.
exps.
1944
1945
31—
&
Net
exc.
1943
1942
$1,454,204
$1,394,315
470,077
515,607
487,577
9,367
6,599
Earnings
v
353,954
426,610
$527,432
$414,558
Preferred Stock
Co.—Refunding
Drug
Debentures—It is announced that this com¬
•
•
will be accepted for payment upon surrender,
holder, at the Guaranty Trust Co., 140 Broad¬
way, New York, N. Y., at any time prior to July 2, 1945, at 105,
plus accrued interest to July 2, 1945.—V. 161, p. 2153.
"
The
at
3"Aft
the
debentures
of
option
the
"United States Leather Co. (& Subs.)—Earnings—
6 Mos. End. April 30—
"Profit
before
Reserve
$1,223,465
36,760
38,155
44,323
308,000
500,000
950,000
$356,126
$685,309
$824,632
—
$1,818,955
contingen¬
cies, taxes,
Net
1944
$700,886
37,404
450,388
;
for
1942
1943
1945
$888,762
charges-
Depreciation
etc
profit
^Includes
$400,970
other
income.—V.
161,
United States Lines Co.
Basil
1360.
p.
to
seems
ways
5,388
394,500
393,000
345,000
$534,730
$507,139
$522,111
298,414
298,414
298,414
298,414
397,885
397,885
397,885
look
like
"
$1.34
$1.27
$1.41
a
investment."
good
Asj\ed by a stockholder if it would not be "good business" to pay
eutstanding preferred shares, Mr. Harris replied that the
board had
•
u
J
u
given "a lot of thought" to this proposal but felt it would
ood idea" t0 wait until the present bank loan—mow totaling
«
$1.750.000—is
repaid.
"Personally," Mr. Harris
said,
"I
would
like
to
the
see
preferred
off."
paid
The
chase
stockholders
program for
approved
had
had
of
company's stock pur¬
the
Of the 125,000 shares
allotment, 28,750 remain unallocated.
origi-
meeting Mr, Harris said that earnings thus far this year
-comparable with those of last year. He declared nothing further
developed in connection with the German liner Europa which he
previously said he would like to operate in transatlantic serv¬
the
Alter
were
extension
officers and employees.
nauy authorized for
ice.—V.
161,
p.
507.
United States Plywood Corp.—New Director—
.Lloyd S.
of
Gilmour, partner in the
Dillon
Eastman,
caused
vacancy
the
J.
by
&
Co.,
The
Maroney, Sales
He
company.
Commoh
directors
share
per
has
on
of Clay
Manager,
recently
as
New York
elected
been
the resignation
during which he served
has
returned
lieutenant in
a
Stock
Placed
Stock Exchange firm
director to fill a
a
Brown.
been
after
the
re-elected a
leave of
a
80-Cent
on
absence
Annual Di¬
{' '
June
on
the
equivalent
director
United States Navy.
new
5
declared
common
a
of 20
quarterly dividend
stock
(outstanding
following
lnS~01}* st<?rk spbt-up), payable July 20 to holders of record
This is
397.885
$1.25
(N. J.)—Annual Meeting—•
President, at the annual meeting held June 5 stated
company's holdings of 52,000 shares of Pan-American Air¬
Harris,
the
that
476,125
418,000
common
outstdg.
89,805
$141,153
dends and interest to that date.
$1,348,624
$496,958
__
/———
Dividends
Shares
78,428
vidend Basis—
$1,385,035
profits
(est.)
profit
$841,168
has borrowed from insurance companies $21,000,000
20-year debentures, and, in addition
New
"
interest
taxes
126,782
$881,386
$967,950
$7,000,000 ih the form of a 2V4% 7-year serial bank loan,
dated June 1, 1945.
The proceeds will be used to redeem
issues of $10,000,00 $4.75 preferred stock arid $18,819,000
31/4% debentures due Aug. 1, 1958.
Both issues are re¬
deemable on or before July 2, 1945 with accrued divi¬
of
and
___
depletion-
&
129,686
$230,959
taxes__
154,188
.
in the form of 3%
Oper. profit aft. deduct,
inc.
$1,011,072
$156,569
3V4 %
Edward
sell.,
112,459
$257,230
26,271
2269.
161. p.
pany
provided
date,
United Carbon Co. (& Subs.))—-Eamings-
admin,
1,628
30,025
_____
income
and
following
immediately
that, if any such scrip is not surren¬
dered within seven years after the date of issue of such scrip, the
holder thereof shall be conclusively presumed to have released and.
abandoned any and all claims thereunder.—V. 161, p. 2376,
expiration
mfg.,
1,239
$265,022
$234,997
income
United-Rexall
.share of
a
preferred stock, $4.50 series,
of
gas
other inc._
Interest, &c.t deductions
share of the 408
each
stock of Mississippi River Power Co. held by others
preferred stock. $4.50 series, of the company.
Holders of such shares
of preferred stock of Mississippi River
Power Co. so converted will
also be entitled to receive $2 per share in cash.
No certificates for
fractional shares will be issued, but in lieu thereof, fractional scrip
will be issued, which during a period of one year will be exchangeable
in combination with other similar scrip for the number of full shares
of
Corp.:
from
and
ice
:,
and
exps.
Net
of Mississippi River Power Co. (a
divs.
Balance
1923.
of production.—V. 161, p.
owns
pany
and
subs,
Etc.—
to
$1.60 per share per
annum
on
the old
cents
tw0~
July 10-
common
stock outstanding prior to the stock
split-up which had been receiving'
-^dividends totaling $1,20 per share each - year since 1940."-rV. 16*»
p. 2490. j-rv
.•I-:;'*;-../'
stock
(no par)—_
per share
Consolidated Balance Sheet, March
Net
Other income
60,186
income
and
Int.
Mississippi River Power Co, has outstanding 82,344% shares of pre¬
stock and 160,000 shares of common stock, of which the com¬
Fed.
515.750
Operating
Other
revenues....
15,046
income-
income
Gross
ferred
Deprec.
Electric Service Co.—Earnings
377,550
15,046
reducing the annual fixed charges of the system.
economies and
Minority
Texas
212,683
366,311
399,702
profits taxes
oper.
Other
Fidelity
the
with
arrangements
shares of preferved stock are
merger
a
3 Mos. End. Mar.
Net
Net
$1,191,926
78,645
&
excess
a long-term loan of $1,000,000.
capital for post-war expansion.—
subsidiary) into
the company approved by stockholders May 25, 1945, and to be sub¬
mitted for approval of stockholders of Mississippi River Power Co.
at a meeting to be held on May 29, 1945.
Mississippi River Power
Co. is one of the three electric utility subsidiaries of the company and
owns
and
operates the Keokuk hydroelectric plant 'located in the
Mississippi River, approximately 144 miles north of St. Louis, Mo., and
transmission lines located in Illinois, Iowa and Missouri. It transmits
and sells energy to the company and to the other two electric subsid¬
iaries of the company as well as to certain other utility companies and
industrial customers, but it does not distribute electric energy at re¬
tail.
The proposed merger of Mississippi River Power Co. into the com¬
pany
is part of a plan whereby the company will acquire certain
Missouri properties of, Mississippi River Potver Co., and the remaining
electric
properties of Mississippi River Power Co. will be combined
with those of the two other electric utility subsidiaries of the company.
Thereafter the company will own all of the electric properties in its
system located in Missouri and will conduct the electric operations in
that state, and all of the electric utility properties in its system located
in Illinois and Iowa will be owned by one wholly owned subsidiary of
the company which will conduct the electric utility operations in'those
two states.
The purpose of the plan, of which the proposed merger is a
part, is to simplify the structure of the holding company system of
the company thus effecting certain tax economies as well as other'
with
age
m
46,991
95,108
211,654
93,278
89,830
(Less post-war
Total
additional
The
tion
York
2,929
44,465
*
United Public Utilities
Co. of Missouri—Listing of Preferred
Exchange has authorized the listing upon notice
of issuance, up to 82,650 additional shares of preferred stock, $4.50
series (no par), increasing the total of such stock applied for, from
150,000 shares to a maximum of 232,650 shares.
430,000
$105,773
1,212,133
$3,894,985
misc.
inc.
State
Fed.
Electric
Union
774,247
.1
1,288,611
taxes
Fed.
The New York Stock
702,300
(int.).
248,063
328,347
____
and
local
Interest
continue with
485,000
;
working
elected Vice-President In charge
35,833
income
272,233
_________
adjustment
Federal
' "
has been elected President, succeeding F. R. Fageol,
the company as Chairman.
H. W. Fagert has
J. Fageol
L.
will
73,900
dcducs
Gross
Income
431,016
74,450
depJetion__
plant acquisi¬
of
State,
Gen.
83,300
2,772
100,108
90,198
'
Amort,
$4,166,936
112,751
;
and
Deprec.
161, p. 1704.
40,833
$1,189,154
1945—12 Mos.—1944
$1,095,638
341,059
Maintenance
J., for
Newark, N.
provide
will
Twin Coach Co.—New President,
income—
5,371
of
Co.
completed
has
corporation
money
any
$1,322,670
of the railroad on
'
Trust
Union
549,744
152
Transporta¬
March 21, 1942, had
1945—3 Mos—1944
Operation
conference.
19 that the Office of Defense
May
on
'
654,005
$115,015
■
(& Subs.)—Earnings—
$1,160,556
revenues
oper.
purchased
purchased
Gas
returned to its owners.
should be
Tung-Sol Lamp Works, Inc.—Receives Loan—
47,164
438
~
.
'
53,521
105,335
2490.
p.
Subsidiaries:
present circumstances.
Mr. Doyle told the Court the Government
not want to keep the line indefinitely.—V. 161, p. 2490.
the
tion
income.
ruled
La
La Buy suggested a conference after United States Attorney
Howard Doyle of Springfield, 111., told him that George P. McNear, Jr.,
President of the road, might not accept a return of the properties in
434,344
(ntt)
161,
Period End. Mar. 31—
Judge
3,603,463
cper.
June 15 for a hearing on the proposed sale by
the outstanding capital stock of Nashville (Tenn.)
Heating Co. for $1,100,000 to Tennessee Natural Gas Lines, Inc.
set
has
SEC
company of all
illegal possession of the line.
$6,980,953
inccme
outstanding $3.75
holders of record
2490.
RR.—Road to be Returned—
Buy at Chicago on June 1 invited
the Government to a conference to
company and
when the road
tion, which took over operation
the
Other
and
set for the
was
Court
The
516,117
on
res.
the
how
J.
Walter
Judge
for
accruals...
taxes
(see
attorneys
3,847,431
General taxes
of
stock, no par, payable July 2 to
offering in V. 161, p. 2269).—V. 161, p.
determine
40.455
45,144
on
per
Toledo, Peoria & Western
No
p. 2377.
Co.—Hearing Set—
United Gas Improvement
The
the
tion
314,180
322.494
_
;i
Maintenance
Fed.
1944
10
$626,548 ' $7,527,524
$650,626
revenues
Operation
Retire."
1945—12 Mos.
cents
Dividend—
quarterly divided of
Oil Co.—Initial
cumulative preferred
June
recognized dealers.—V. i61,
$1.50 per share to
of
Total
May 31 declared an initial
share on the 300,000 shares
directors
The
93%
Co.—Secondary Offering—Blyth & Co.,
Fruit
United
Power
Standard Oil Co.
*
$2,727,871
865,050
$2,750,022
865,050
$180,589
$197,442
preferred stocks
income
Net
btaek
Inc., made a secondary offering May 29 of 8,200 common
shares (no par) at $102V2 per share, with a concession
United Public Utilities Corp.
Dividends
—V.
industry
of manufacture, develand the uses ot CBrbon
processes
^
book also contains many
Gas &
$389,135
$375,010
income
Gross
to
*chal'ts and statistical tables of value
and a map showing the. location of carbon-black plants in tile United
States.—V. 161, p. 1250.
5,280
investments
Net
r|ffard
limited-term
of
Amort,
1945—12 Mos.—1944
$1,2,94,500 $16,690,244 $15,458,929
485,776
6,925,277
6,008,731
262,285
2,733,614
2,527,138
66,173
806,919
766,256
1945—Month—.1944
30—
^ their significance,
showing many
-n the carbon-black
changeg
»"ithetlc rubber-
»»<>
Co.—Earnings—
& Light
Texas Power
Period End. Apr.
srte&ffs
"Developments and Bta
important facts on car
noteworthy and
lall,Uh
m the last few year
w th
The
Tide Water Associated
(New Jersey)—Earnings Maintained
A preliminary estimate indicates that earnings for the first half of
this .year will be about the same as during the last half of 1944, and
thus will reach a little over $80,000,000, R. W. Gallagher, Chairman,
said at the annual stockholders' meeting, held on June 5. '
"Louking to the present state of our business and its prospects,"
Mr.
Gallagher said, "I should repeat that the first and by far the
most important observation is that all our Western Hemisphere plants
and lacilities still are operating substantially at or above the maxi¬
mum level which was achieved last year.
There is 110 present indica¬
tion that there will be any considerable lessening in our production of
supplies for war before the latter part of this year, if then."
He emphasized .that in the
company's current high production for
war
"we are drawing heavily upon crude oil reserves accumulated in
^re-war vears.
Our costs of finding oil then were much lower, it now
appears,' than they will be in the future.
The earnings we are
showing, therefore, might be deceptive, since they cannot reflect the
piobabiy higher future costs of replacing our crude reserves.
More¬
over,
with equipment operating at capacity, it is natural that our
efficiency is high and our unit processing and handling costs corre¬
spondingly low."
As a result of these factors, as well as the large
volume of business, our earnings, as is well shown in the financial
results for last year, have been at a record high and should remain
so
during the period of peak productivity.
"Current earnings cannot all reach to the stockholders, of course,
because
of current high
normal and excess profits taxes, of new
capital requirements and the necessity of capital reserves to be set
aside for luture developments.
Also, many of our Government con¬
tracts are still subject to renegotiation, which may play a significant
operations),
$11,952,538; earned
par),
5th "E" Award—
Sylvania Industrial Corp.—Wins
company
15-year
reserve for taxes and
contaxes
(1945
no
t«.ooo.o,6.
tion—
interest.
shares
,397385
161, p. 2041.
at
registration statement becomes
will be offered to the present
tingencies,
elected a director.—
& Co. has been
Staley of Reynolds
F.
Thomas
Director—
31, 1945
United States Sugar Corp.—RFC Loan—
,
•
>
said" ASSOclated Press disPatch ^om Washington (D. C.) on June 3,
Reconstruction Finance Corporation has approved a $7,500,000
me
Assets—Cash, $1,380,859; U. S. Treasury bonds, $1,500,000; accounts
$1,199,846; inventories, $1,253,604; total investments, $1,-
receivable,
284,100;
notes
and
accounts
receivable,
$702,018;
land,
buildings,
equipment, wells, pipe lines, leaseholds, etc. (at cost), $36,331,008;
trade marks, contracts, etc., $1; prepaid taxes, rentals, insurance and
expenses, $348,630; total, $44,000,066.
1
SahiHHe*—Accounts
eral
and
State
taxes,
Day*ble.
including provision
$1,861,222;
dividend
payable,
for
accruals, Fed¬
$298,414; reserve
loan
to
this corporation for a starch plant at Clewiston,
Senator Pepper of Florida/- He said the plant,
Fla., actor
now neaimg
completion, probably will begin operations early in July. It is expected
to employ 2,500 persons.
r
The new development covers some 18.O0O acres.
On it the com-,
pany proposes to
produce starch from sweet potatoes grown in in
ing
to
Florid*
P.
1813.
Everglades.
The
starch
is
used
in
making
textiles.—V. 1" »
Number 4393
Volume 161
THE COMMERCIAL & FINANCIAL CHRONICLE
Utah Oil Refining Co.—Registers With SEC
Western Union Telegraph Co.—Hearing Resumed—
on May 28 filed a registration statement with the
198,828 shares of common stock (par $5). The company is
offering' its stockholders the right to subscribe to one new share at $9
per share for each six shares owned.
Standard Oil of Indiana the
holder of 75.2%
of Utah's outstanding common stock, will subscribe
to 149,523 5/6 shares of the new stock.
The proceeds from the sale
of the stock, estimated at $1,789,452 together with proceeds from a
$3,200,000 bank loan, will be used to construct a 10-inch crude oil pipe
line from Rangely oil field, Rio Blanco County, Colo., to Wamsutter
Station, Wyo.
The pipe line is estimated to cost $4,500,000V
company
The
for
SEC
Testimony
31
at
the
posed
of
The
proposed
redemption
earlier
its
company on June 4 announced that it has purchased for cash
outstanding capital stock and debentures of the Phosphate Mining
at a cost of $2,845,060 from working capitai, ol which $2,000,000
will be restored through five-year 2 to %
bank loans.
The Phosphate
Mining Co. operates in Florida.—V. 160, p. 1673.
The
of
the
company
Commission
S.
given
was
proceeding
on
issue
like
planned
was
amount
bonds
of
provide
to
due
in
funds
1951.
a
the
pro¬
juris¬
for
The
taxes,
May
approval
not
was
necessary.
however, initiated a proceeding to determine the
jurisdiction and the company was called upon to support
of
position
by proof.
Hearings were held and
finally ruled that Western Union "had
proof
that
tion.—V.
its
161,
proposed
2378.
p.
issue
from
exempt
was
Chairman
failed"
Milo
R.
April—
from railway
from railway
"Net ry. oper. income—.
$2,369,892
$2,175,704
998,582
1,039,102
1,018,826
Net
Period End. Mar. 31—
1945—3 Mos.—1944
930,850
/
621,593
•
10,252,719
9,110,842
9,036,203
4,032,377 '
4,688,056
4,479,180
and
terminat.
Sales
2,461,754
2,482,118
2,525,740
proposal of the company to issue 3.700
.shares of additional stock, $100, to acquire all the capital stock of
Leominster Electric Light & Power Co., and Middlesex County Electric
Co.
The stocks of all three companies are owned by Massachusetts
Utilities Associates, a subsidiary holding company of New England
Power Associatticn.
The exchange would be on the basis of one share
of
Wachusett
for
each share of
Leominster and one share of
Wachusett for each four shares of Middlesex County Electric Co.
The
two
companies then will be merged into Wachusett.—V. 161,
has approved the
-v;"' v"'-
1030.
Period End. May 31—
161, p. 2154.
—V.
"Earns.
Washington Gas Light Co.
revenues
of
889,172
The
Depreciation
919,582
Net
and
income
operating
Other income
and
$2,256,890
Drl2,262"
1,952
.
—
-.
$2,279,994£ $2,258,842
927,472*,'
929,632
_.
deductions
other
$1,352,522'£ $1,329,210
470,015
470,015
income
Net
Dividends
Balance
V.
stock
pfd.
on
,
161,
865,985
737,000
$2,292,256
revenues
income
Gross
Interest
taxes—
profits
excess
891,345
856,708
593,940
———_—
General taxes
Federal
229,369
because
def'd
charges
per
and
Operating revenues
Operating expenses
Federal
Other
taxes
act'l
Net
operating
income
Other
Interest
135,185
110,414
90,607
rev.
90,406
$294,851
3,641
__
(net)__-_
income
Gross
Other
183,269
111,535
$291,478
2,696
$3,835,286
29,043
$294,174
$3,864,329^3,795,413
-
approp._
res.
&
charged to const—
Misc. reserv. of net inc.
Balance
Div.
applic.
456,685 -
to pfd.
132.662
—w.
JUUiUUU
$2,637,644 j$2,593,417
$213,095
$213,423
622,518£
stk.
161, p. 2378.
$3,749,476
45,937
770.000 j
—
.___
—V.
1,086,719'S®!1,090,981
16,912
Int.
i
1,677.219^1,737,206
"V, 1,220,656
1,255,300
64,167
64,167
20.897
mtge. bonds
deductions
on
int.
$13,401,409'JT2,945,796
5,546,885*; 5,147,477
429,946
$298,492
—
622,518
-
_
_
Wellington Fund, Inc.—To Pay 20-Cent Dividend—
declared a dividend (No. 62) of 20-cents per
on
the
capital stock, par $1, payable June 30 to holders of
record June 15.
A similar distribution was made on March 31, last.
The directors on June 4
share
Payments in
were as
1944
and
March 31, 18 cents; June 30
follows:
fSept. 30, 20 cents each, and Dec. 28, 57
cents.
,
.
distribution was declared entirely
from net realized security profits, these proftis for the year to date
aggregating 76 cents per share.—V. 161, p. 1924.
It
t
":;r":
v
"...
.
!
West Penn Railways—Income
Operating
revenue
Operating
Maintenance
Prov.
Federal
Fed.
deprec—
taxes
inc.
on
Operating income
Non-oper,-income
$104,430
263,591
-
Gross income
Income
^8,726
10,500
36,300
.
...
12 MOs.—1944
—
$368,021
112,265
-
deductions
731,232
~Z'ZZ9
108,000
$317,149
156,855
87,200
$383,517 1,006,170 $1,389,687
.
404,831
Net
income
160.
p.
$255,756
— —
965,430
6 Months Ended
Profits
$984,856
billed
of
from
a
only final renegotiation results, but also final results
of the statement
In^ncA
April 30—
84,<40
Pr6*,6
Gill Jordan has
Originally
Repported
$835,737,004
___
sales
tax.
<fe
$830,480,435
Total
Interest
for
and
depreciation and depletion-——
amortization of debt expense
Federal
income
Federal
;
excess
Net profit
Earnines per
—'V.
$4,797,846
income
161,
p.
1,850,563
630.000
618.500
1,171,500
1,712,000
$1,145,783
$0.89
$1,210,634
$0.89
taxes---—A——il——
profits
common
taxes
$5,558,804
1,975,444
£;
share——
———-
1139.
$96,904,933
7,539,327
109,225464
adjust—
post-war
10,253,820
other than
Taxes
Federal
normal
"Federal
Listing of Additional Common
of
York
stock
making
Corp.,
Net operating
the
Western Air Lines, Inc.—EarningsQuarter Ended March, 31—
•Net
v-f,'
profit
'After
Total
charges.
1945
1944
$117,605
t$17,565
substantially increased.—V. 161, p. 2378.
Individual Trustee—
appointed individual
bonds, series C, due
Hcrbst, who died on April 12,
1945.
the Irving Trust Co., the cor¬
porate trustee under the indenture covering the same issue.—V. 161,
The
■
.
■
Corp.—Removed From
List—'
Stock
common
was
removed June 5 from trading on
the New
of a merger of the company with Eureka
Each share of Williams is exchangeable into one-
York Curb Exchange because
half
Cleaner Co.
Eureka,
of
share
change.—V.
161,
p.
which
listed
is
on
the New
York Stock Ex¬
2491.
revenues
expenses
Taxes other
Federal
State
for
12
Co.—Earnings—
income
Months Ended March
^crease of
158%
$1,575,932 for the quarter,
those for the like period of 1944.—V. 161, p
revenues
over
were
i
$5,317,541
1,344,182
Balance
•
-
.>
$7,088,424
2,520,603
$7,009,582
2,517,481
$4,567,821
$4,492,101
500,000
500,000
$4,067,821 $3,992,101
"After deducting debt retirement and post-war credits of $400,390 in
1945, $398,360 in 1944 and $306,800 in 1943.
tFor contingent losses
on
carried to earned surplus
investment In transportation
in-
1813.
$5,682,949
1.326.G33
500,000
of income
tAppropriation
1,323,016
$4,653,356
income
$5,765,409
$7,161,724
2,508,367
—
gross
Total
operating revenues,
364 006 ;
578,700
446.430
66,3 ,0
67,938
704,571
695,205
623.424
$1,209,324
$1,185,128
1. 15
$1,205,882
Dr4,147
$1,212,621
$1,187,014
532,566
520,a22
$630 055
$650,122
—
revenues
364,329
426,619
'
—
from
income
gross
$1,201,735
503,253
•
income
——
—
$690,482
"After
in
retirement
debt
deducting
post-war
and
1945, $49,600 in 1944, and $48,005 in 194J.—V.
crcd .3 of 064,300
160, p. 2230.
possible
order.
to
mechanical
it
reasons
is
not
always
companies in exact alphabetical
are always as near alpliaoet'ical
arrange
However, they
position
as
possible.
Wisconsin Power & Light Co.—Earnings—
1945—3 Mos.—1944
Period End. March 31-
Operating
$3,873,353
2,147,823
revenues.—.
Operating
expenses—...
Taxes, other than Fed.
441,079
i.
1945—'2 Mos.—1944
$3,633,251 $14,635,339 $13,974,577
1,840,259
7,911,3 7
7,185,053
459,415
1,747,203 , 1,708.648
Federal Income & excess
profits
027,900
631,800
taxes
2,353,200
1,098,400
Chgs. in lieu of income
and
Net
160,
$703,676
$2,623,£U>
4,815
4,215
38.1:: 1
$657,467
$709,092
$2,661,70",
318,463
322,878
1,377,003
$5,891,903
1.385,685
$339,004
—
$387,013
$1,284,621
$1,506,223
deducts.
income
Net
V.
other
end
$652,651
(net)
income
Gross
448.200
taxes-
income
oper.
income
Other
Int.
prof.
exc.
—
$2,864,275
27,633
2337.
p.
Wisconsin Public Service Corp.—-Partial
Redemption—
on July 1. 1945, for
sinking fund, $250,000 of first mortgage 314% bonds
due 1971, at 105Vie and interest.
Payments will be made at the First
Wisconsin
Trust Co,,
trustee, Milwaukee,
Wis., or at The Chase
National Bank of the City of New York, 11 Broad Street, New York,
N.
Y., or at the Harris Trust & Savings Bank, 115 West Monroe
Street, Chicago, 111.The
corporation
account
of
has
for
c;illed
redemption
the
Weekly Output—
for the week ended June 2, 1945,
compared with 9,556,900 kwh. for the
of 11.8% .—V. 161, p. 2491.
Electric output of this corporation
11.129,000
kwh.,
as
WJR,
Goodwill
The
Station
—
Two-for-One Stock
Split-Up Proposed—
The
for-one
directors
of Radio
stock split
to
Station WJR.
Detroit, are proprung a two-
make possible a wider holding of shares.
G. A.
Richards, President, announced on June 4.
"If approved
by the present stockholders at a speciil meeting,
June 15," Mr. Richards explained, "the plan calls for increasing the
outstanding shares from
130.000 to 260,000 with a corresponding
reduction in par from $5 to $2.50."
The common
stock, only outstanding capital issue of "WJR -the
Goodwill Station," is traded in the over-the-counter market and has
been selling recently at around $40 per share.
First public offering
of the stock was made late in 1935 and resulted in a wide distribu¬
directors
cents per
156, p.
$4,153,356
subsidiary.
\1 Months Ended
Subsidiaries)
recently
voted
the
38th quarterly dividend,
stockholders of record June 1.
station's
share, payable June 14 to
1616.
1943
1944
—.
,
Net operating revenues.
Non-operating revenues ___—
from
377,500
Gross income
Deductions
—V.
31 (Company Only)
1945
«<■,
569,941
operating'revenues.
Net
611,214
578,013
taxes
3,297
and
depreciation
Non-operating
$5,170,431 1 $4,795,184
1.835,210
1,495.768
surtax
income
profits tax
tax
for
1943
1944
1)45
$5,423,225
1,911,987
—
-
tax
excess
Provision
50
$34,608,434 $32,825,390 $29,458,030
Operating expenses
—
16,335,620 14,952,538 12,616,450
Taxes other than income taxes
3,010,890
3,205,860
3.483,377
Federal normal and surtax
2,157,500
1,862,500
1,611,100
"Federal excess profits taxes—3,603,510
3,585,240
2,761,300
State income tax
627,700
596,400
505,400
Provision for depreciation-.—
3,055,673
2.857,443
2,797,454
revenues
income
9674.472
72,200
than
normal
The
Gross
441.979
$580,617
tion.
Wisconsin Electric Power
Deductions
$1,116,451
432.184
deducting debt retirement and post-war credit", of $35,400 in
Operating
N. Y„ has been
first mortgage sinking fund 314 %
Williams Oil-O-Matic Heating
Curb
$1,012,802
corresponding week last year, an increase
1970,
2270.
$1,119,594
Di'3,143
Wisconsin Michigan Power Co.—Earnings—
totaled
to succeed Frederick G.
Mr. West is a Vice-President of
1,
$1.009,147
3,155
12 Months Ended March 31—
West of New York,
If.
for the
-
Consolidated Income Statement,
(Including
1-.--.j
tLoss.
an
operating
_
Operating
the listing of 35,130
number of shares of new common
total
Wheeling Steel Corp.—New
Richard
$1,027,757
17,784
income
gross
income
Net
Stock—Acquisition—
memorandum of agree¬
and Ken-Rad Tube &
Lamp Corp. (Del.), providing for the acquisition by the company of all
the assets,
property, business and good-will of Ken-Rad relating to
its lamp business (exclusive of cash and accounts receivable), free
and clear of liabilities (other than certain obligations and liabilities
accruing after the closing date), in exchange for 35,130 shares of new
common stock (with certain
cash adjustments in case the inventories
on the closing date should be greater or less than $190,000),
(2) au¬
thorized issuance of 35,130 shares of new common stock, and the in¬
crease
in the outstanding capital stock of the company from $160,639,500 to not to exceed $161,078,625 par value, by virtue of the
issuance of such shares, and
(3) determined that the 35,130 shares
of new common stock should be deemed to be issued at a price of
$31,31 V« per share, being one-quarter of the market value at the close
of business on April 5, 1945, as determined by the board of directors,
Of the common stock of (par $50), each .share of which was subse¬
quently reclassified into four shares of new common stock) of which
$12,50 should be capital and the balance should be surplus.
The property of Ken-Rad to be acquired consists of a lamp plant,
located In Owensboro, Ky.
These assets had a book value of $412,000
as of Nov. 30, 1944, and were appraised at $650,000 as of Feb. 3.
1944.
Ken-Rad has been engaged in the lamp business for more than 25
years, and has reached a market not reached by the company, and
the company believes that, through expansion, the business to be ac¬
be
65.200
866.600
429,795
—
income
Gross
dated April 7, 1945, between the company
could
73.3J3
856,o.)7
$1,043,541
revenues..——-—-
revenues
Deductions from
(par
applied for to date 12,566,394.
The directors April 25, 1945 (1) approved a
quired
84,700
-
$24,901,622
stock
ment,
354,174
85,643
887,133
tax—-—
for depreciation
Non-operating
$24,906,644
Cr6,929,964
6,934,986
Exchange has authorized
Stock
common
Lamp
793,663
346,500
186.300
318,600
10,237,969
$26,019,097
income
New
715,029
353,700
surtax.;-,tax
69,299,647
$25,618,832
Cr7,335,251
6,934,986
bef.
post-war adjust
profs, tax
Provision for post-war contingencies
Net
$3,216,924
4,932,14:)
674,164
taxes
and
profits
1943
$8,959,703
5,772,827
$615,74 7
Income
Provision
income
tax
excess
1944
1945
$9,479,271
6,133,220
NOTE—-For
Net; income
2044.
p.
104,444,260
73,352,512
Post-war refund of exc.
Net inc.
.
161,
revenues
March 31, 1915
:-
and
1945- Month—1944
$
36,424,951
Sales
—V.
161,
p.
1945—5 Mos.—1944
$
$
$
36,050,672 175,944,567 168.762,86G
2270,
Radio Corp.—To
Expand Export Business—
when production of civilian radios can be
resumed, this corporation has completed its plans for a v»rt post-war
expansion of Its export business, according to E. E. Loucks, Sales Man¬
ager of the company's export division.
Mr. Loucks said that Zenith will be in production on a completely
new
line of radio receivers for the export trade within a few weeks
after the Government permits resumption of civilian manufacture.
Zenith's position in the export Held was strengthened substantially,
Mr. Loucks stated, by the appointment two
years ago o" American
Steel Export Co., as the company's exclusive export agent.
ASECO
has a
fine merchandising
and service organization with offi-es at
With
the day approaching
strategic points in all parts of the world, he said, and handles world¬
operations for a number of leading manufacturers of noncompeting products who specialize in their respective f" ds.
This
policy, Mr. Loucks pointed out, is tailor-made to fit Zenith s program
of specializing in radionics exclusively.—V. 161, p. 1584.
wide export
$45,456,574; total operating expenses
Co.-^May Sales Increased 1%—
(F. W.) Woohvorth
Period End. May 31—
Zenith
Provision
states.—V.
As.mcia„ed with
1936 divisional manager
office,
covering eleven
733,575,502
7,539,327
tax
Income
manufacturing
been
been elected Assistant Secretary.
Operating expenses
Renegotiation
$101,685,837"
...
Fed.
has
After
734,051,167
„
income
bef.
1892,
1079.
12 Months Ended March 31—
"Federal
the annual report,
in
$717,716
Subs.)—Earnings
(net)——
is
Excess profit tax
®1.336,530
618,814
operations—
income
below
the
report to
Profit from sales
Inc.
in
158, p.
this company for 16 years, he has been since
of
its
San
Francisco
professional
service
Net
Other
products.—V.
rayon
a
12 Months Ended Dec. 31, 1944—
Operating
Paper Co. (&
and
1945, $20,700 in 1944, and $9,516 in 1943. -V. 160, p. 2230.
Renegotiation
stockholders.
The financial
comparison of the income statement after
the annual
shown
100,000 square feet.
company, organized
Elliott
The
"After
1944
of
has reached
in
pursuant
Vacuum
2447.
West Virginia Pulp &
Other
$160,294
$1.71
$1.90
$0.35
present capitalization.
Earnings
—•V.
$0.31
regard to Government contracts terminated in the year.
Cost
*,88,406
22,803
37.500
$94,987
222,162
21,909.745
^
312,600 v-
21,500
*
6,944,011
24,393,345
share..
com.
includes not
Sales
p.
8,602
9,000
,
6,611,345
4,516,092
March
Account—
66,137
58.349
_v;
than
other
for
——
1,687,961
4,007,815
trustee
'
/
$369,076
168,850
$410,988
192,683
expenses—-
Taxes,
•
1945—3 Mos.—1944
3 Mos. End. Mar. 31—
v
:
*
•
—„
that the current
announced
is
Crl,661,768 Crl,764,102 06,827,630 Cr6,851,194
1,364.320
on
/
exc.
con-
As
&
428,617
—
taxes
Prop,
—
of
$12.50) upon official notice of issuance,
in connection with the acquisition of certain assets of Ken-Rad Tube
1944
1945—12
than
more
silk
State
—
shown
The
Sub.)—Earnings—
1945—Month—1944
$1,108,879
$1,057,429
Period Ended Apr. 30—
22,002,562
and as author¬
by the by-laws and approved by the committee of the board of
directors, an amount of $1,227,428, included in expenses In 1944, was
paid to 2,308 keynien and executives as additional incentive compensa¬
tion lor efficient and profitable management.
.
Washington Water Power Co. (&
'■
24,177,060
company
shares
i
4,439,951
post¬
renegotiation with that given in the annual report to the stockholders
$882,50^" $859,195
-
2044.
p.
3,710,367
bef.
renegotiation settlement with the Navy
Price Adjustment Board for the year 1944, under which it will refund
$5,200,964 to the Government in addition to the accrual for this lia¬
934,258
122,980
*
operating
conditions
for
war
1944
v
$14,080,508 $14,030,520
8,405,870
8,115,673
——
-
—
Maintenance
Provision
1945
:
—
68.511,945
102,513.871 101.174,370
2,485,203
10,060,505
10,659,863
ized
(& Subs.)—Earnings—
Ended April 30—
12 Months
Operating
Operation
.
68,276,306
Results
In
'
17,641,025
24,566,179
2,307,739
post-war
"Based
with
•
16,61,7,684
tax
statement
1945—Month—1944
1945—5 Mos.—1944
$9,315,349 $9,579,795 $46,203,173 $47,637,732
•
Sales
tax
income
bility
Walgreen Co.—May Sales Off 2.8%—
<
Net
188,981,992 835,869,836 743,756,717
22,635,790
refund
for
;
company has acquired the Elliott Manufacturing Co. of Man¬
chester, N. H., and has taken over its management.
The plant is a four-story brick building and has a floor space of
Operating
tingencies
•
p.
608,376,164 791,340,584 608,376,164 791,340,584
adjustments—
profits
Prov.
SEC
Wilson Brothers, Chicago—Acquisition—
This
Pacific Coast
$
tax.
-
income
war
Post-war
The
$
adjust—
profits
Net
Wachusett Electric Co.—To Merge Companies—
t
$
194,371,393
tax
Excess
2337.
p.
Wisconsin Gas & Electric Co.—Earnings—
orders
before Fed.
post-war
$4,728,694; appropriation for
subsidiary, $500,000;
income,
312,116,465 226,110,472 815,030,115 935,340,299
billed
Income
4,485,148
2.697,236
railway..—-.
Net ry. oper. income—
-V. iei, p. 2491.
from
1945—12 Mos.—1944
less held
Income
10.406,299
railway——
from
•—
unfill.,
&
Jan. 1—
From
Net
1,008,587
593,252
593,485
booked
$2,134,181
,
of
Investment in transportation
on
Winthrop Chemical Co., Inc.—Official Promoted—
Orders
1942
$2,593,667
Gross
Gross
1943
balance
income, $4,228,694.—V. 161,
J.
Westinghouse Electric Corp.—Earnings—
$
1944
contingent losses
net
operating
revenues,
$8,054,622;
total non$475,263; gross income, $8,529,885; total deduc¬
net
revenues,
$3,801,191;
Commission jurisdic¬
'
Orders
1945
tions,
furnish
to
Co.
Virginian Ry.—Earnings-
$37,401,952;
operating
the
companv
proceeds of the outstanding issue were used for
this state and since the new issue is to refund the
Commission,
Malbie
the
P.
the
Commission
one
The
bond
a
that
outside
question
Virginia-Carolina Chemical Co.—Acquisition—
of
contended
purposes
methods
$25,000,000 bond issue by the company in which
the Commission was questioned.
new
diction
accounting
on
reopening of the
City Department
State and
NEGOTIATIONS
BOND PROPOSALS AND
1961
Bright Star School District
No. 6,
of "a Federal Income Tax
in 1960, $62,000 in
1969, and $60,000 in 1970.
.$1,125,000 high school building
bonds.
Due July
1 as follows:
$61,000
1959,
ARKANSAS
ing to $250,000.
Holders of the
Hillsborough County (P. O. „
above bonds should present
them
Tampa), Fla.
v
y; k;
for payment on date called
at the
Bond Offering—J. M. Lee, Sec¬
author¬
official which is followed
by the Bureau of Internal Rev¬
ity or
to
:/
enue, or by a decision of any Fed¬
eral Court, the successful bidder
outstanding
$11,000 in 1946, $7,000 in 1947,
bonds of the refunding issue dated
$14,000 in 1948, $22,000 in 1949, may, at his option, prior to the
April 1, 1942, and maturing on $23,000 in 1950, $24,000 in 1951, tender of said bonds by the City,
be
relieved
of
his
obligations
Jan. 1, 1946 to 1964 incl., compris¬
$33,000 in 1952, $29,000 in 1953,
ing Nos.. 7 to 72, have been called $39,000 in'1954, $40,000 in 1955, under the contract to purchase the
bonds and in such case the de¬
for ' payment on and after July
$44,000 in 1956, $45,000 in 1957,
2, 1945, at the Commercial Na¬ $55,000 in 1958, $60,000 in 1959, posit accompanying his bid will be
returned.
The approving opinion
tional Bank, Little Rock.
$61,000 in 1960, $62,000 in 1961 to
of Orrick, Dahlquist, Neff, Brown
1969, and $60,000 in 1970.
Corning School District No. 8,
& Herrington, of San Francisco,
Dated July 1, 1945. Denomina¬
Arkansas
will be furnished.
Bond Call — Refunding school tion $1,000. Rate of interest to be
bends Nos. 6 to 45, dated July 1, in multiples of l/\ of 1%. Princi¬
Orange County, Garden Grove Ele¬
1941. and due on Jan. 1, 1946 to pal and interest payable at the
mentary School District, Calif.
Bond Election—At an election
1965
incl., have been called for County Treasury, or at the fiscal
payment on July 2, at the Com¬ agency of the County in New on June 12 the voters will con¬
York City. The bonds will be sold sider an issue of $200,000 bonds.
mercial National Bank of Little
for cash only and at not less than
Rock.
COLORADa
par
and accrued interest.
Each
Humphrey School District, Ark.
bid
must
state that the bidder
Colorado State Normal School,
Bond Call—All outstanding re¬
offers par and accrued interest to
Western State College of Colofunding bonds of the issue of Oct. the date of delivery, and state
rado (P. O. Gunnison), Colo.
1, 1940, have been called for pay¬ separately the premium, if any,
Bond Call—The Board of Trus¬
ment />and
will be redeemed at
and the rate of interest offered
State Normal
pah !£thd accrued interest, on or for the bonds bid for. Bids will tees of Colorado
School, call for payment on July
after July 2, at the Simmons Na¬
be received for all or any portion
tional Bank of Pine Bluff.
1, at 102 and accrued interest, the
of said bonds. In the event that
3% and 3lk% dormitory refund¬
Southeast Arkansas Levee District, the bidder submits a proposal to
ing revenue bonds, dated July 1,
*r
Arkansas
purchase a portion of said bonds,
1941, consisting of all outstanding
Bond' Call-—The following bonds the bid shall designate specifi¬
bonds of said issue, maturing from
will be redeemed out of surplus cally the bonds bid for. All bonds
1946 to 1957.
Said bonds will be
district funds at par and accrued sold to a bidder bidding for a
redeemed on presentation to the
interest on July 1, Nos. 1121 to portion of said bonds must bear
Colorado National Bank, Denver.
1180, maturing Jan. 1, 1970, and the same rate of interest. A certi¬
Trinidad Paving District No. 18,
Ncte. 1061 to 1120, due Jan. 1, 1969. fied check for not less than 3%
Colorado
Funds'for retirement of the bonds of the bonds bid for, payable to
Interest
Payment
Available—
are
on
deposit with the Union order of Chairman of Board of
Planters National Bank & Trust County Supervisors, is required. The City Clerk has funds avail¬
able to pay interest coupons due
Ccj, Memphis.
Los Angeles County, Santa Clarita
on
April
1,
1939,
the district
Union
High School District
CALIFORNIA
bonds.
(P. O. Los Angeles), Calif.
Contra
Costa
County,
Pleasant
Bonds Voted—An issue of $300,CONNECTICUT
Arkansas
Call
Bond
The
—
■
Hill School District (P.
Martinez), Calif.
Bond Sale—The $70,000
bonds offered June 4 —
O.
>
school
v.
favorably
held
Los
1948
> to
inclusive.
^;
61,000 IV2S, due on July 1 from
All of the bonds are dated July
1,. 1945. The Bank of America Na¬
tional (Trust & Savings Associa¬
second high
tion, of San Francisco,
biddpr, offered to 'take the entire
$70,00$ bonds
as
2s.
1Long Beach, Calif.
the
election
<Bond
defeated pro¬
voters
Los Angeles County, Bell Flower
School District (P.O.
Los
Angeles), Cal.
Bond Sale—The $275,000
school
bends offered for sale on June 5
—ty.i 161, p. 2380—were awarded
the
Security-First
National
Bank, of Los Angeles, as IV2S, at
a price of 100.67, a basis of about
1.427%. Dated June 1,-1945. De¬
nomination $1,000.
These bonds
are
due on June 1, as follows:
$14,000 in 1/946 to 1960, $13,000 in
to
1961
bidder
The
1965.
next
highest
the Bank of America
was
Trust
National
&
Savings
Asso-
ci^tidif, San Francisco, for 1
at
^ fir ice of 100.22.
Angeles
County,
Montehell
\Vnified School District (P. O.
Los
i'J
iBond
Angeles), Calif.
Offering—J.
F.
Moroney,
County Clerk, will receive sealed
bids until
10
a.m.
on
June
12 for
the • (purchase
of $2,250,000 not to
5% interest bonds, as fol¬
exceed
.
lows:
i
$1,125,000
elementary
school
Due July 1 as fol¬
$11,000 in 1946, $7,000 in
bldgii bonds.
lows!
1947,
1949,
$14,000
$23,000
1955,
$23,000
$39,000
$44,000
1957,
$55,000
1951,
1953,
,1
New
Britain, Conn.
Bonds Authorized—The legisla¬
ture has authorized the city to
•
County Clerk, will receive sealed
until 10 A.M. on June 12 for
bids
purchase of $75,000 not to ex¬
ceed 5% interest building bonds.
Dated
tion.
in 1948,
in 1950,
in 1952,
in 1954,
in 1956,;'
in "1958,
'
•
••
Denomina¬
Interest J-D.
Due
June
1,
$1,000.
June
1
1948
to
1945.
follows:
as
$22,000 in
$24,000 in
$29,000 in
$40,000 in
$45,000 in
$60,000 in
$10,000
from
incl.> and $5,000 in
Principal and interest pay¬
County Treasury. A cer¬
1955.
1954
at
of bonds bid
for, payable to order of Chairman
of Board of County Supervisors,
is
required.
will
Clerk,
21, for the purchase of issue of
1945, municipal impr 0 vernen t
bonds amounting to $15,754,000 at
County (P. O. Dover), Del.
Call—Following described
bonds are called for payment on
Kent
Bond
for
bid
different
different
terest
rate
multiple
of
and interest
rates
of
maturities.
stated
must
interest
The
be
in¬
in
a
of 1%. Principal
(J-D) payable at the
Interest
Bonds
Authorized
Council voted
F.
—
L. Davis,
purchase of hospital coupon
amounting to $100,000, not
bonds
interest.
Dated
July 1, 1945. Due in 2 to 15 years
exceeding 2V2%
date
from
of
No
issue.
for
bids
and accrued interest
date of delivery will be con¬
less than par
to
sidered.
paving
interest
and
Principal
the
En¬
certified check for 5%
of
bid, payable to the County
Treasurer.
ILLINOIS
School Bonds Called—Board of
to 910,
refunding bonds Nos.
dated Aug. 1, 1944, due
Aug. 1, 1954, and optional Aug. 1,
1945, are called for redemption on
Aug. 1, next, at par and accrued
24, Class 1-25 to 27, Class J-28
30, Class K-31 to 34, Class L-35
to 38, Class M-39 to 42, Class N -43
Trust
46, Class Q-47 to 50, Class P-51
to
62, Class S-63 to 66, Class T-67
70, Class V-71 to 75, Class V-76
80, and Class W-81 to 85.
should
Holders
said
surrender
together with all interest
coupons attached or appertaining
thereto for payment at the above
bonds
bank.
Florida
Utility
(State of)
Municipal
Bill—Governor
Tax
Vandalia
Community High School
District No. SO, III.
Bonds Voted—An issue of
-
000 construction bonds
voted
ably
office,
at the
or
Guaranty
Cp.^pew York City.
Bond
Issues
ceived from the Legislature a
bill
allow
municipalities to levy
10%
utility
their
own
form
gross
use.
to
a
a
profits tax for
The bill is similar
utility tax proposed
was
recent
a
airport
1945,
$260,favor¬
election.
development
bonds offered for sale
June 1,
on
161, p. 2272—were awarded to
Shields & Co., Coffin & Burr, both
v.
New
City Se¬
Indianapolis,
jointly, as Is, at a price of 101.776,
of
and
York,
the
Corp." of
curities
basis of about 0.79. Dated June
a
1.
Denomination
1945.
bonds
These
are
$1,000.
$25,000 on
due
July 1, 1946 to 1965.
Sale—The
$100,000
district bonds
June 1, were
of¬
awarded
Additional
sanitary
to
on
First
the
as
National
also
Bank,
of
Is, at a price of 101.18,
basis of about 0.89. Dated June
a
Denomination
1945.
1,
bonds
These
are-due
$1,000.
$5,000
Bidders
r
;<>
Price
First National Bank, Chi¬
cago, for $500,000 ls,__
Harris Trust & Savings
Bank
on
Au¬
Upham, City Comptroller, reports
that
the
at
bond
June
authorized
voters
4
election
the
the
following-
issues:
$15,000,000 airport;
$5,000,000 slum clearance; $2,000,000 playground; $2,000,000 police
and
fire
101.039
Price Bid
Bidders
Bonds
$500,000
Co.,
&
Stuart
/and
Blair
&
First
Co.,
Inc., jointly
101.577
Is,
Boston
Corp:,
and
Paine, Webber, Jackson &
Curtis, jointly, for ls__
Blyth & Co., and First of
Michigan
Corp.,
jointly,
for
Is
Harris
—-
Trust
&
101.371
101.277
Savings
department; $1,500,000
disposal equipment; $500,-
Bank, Chicago, for ls__
For $100,000 Bonds
Halsey, Stuart & Co., for
Upham also reports that the
approved the proposal call¬
ing for municipal acquisition, via
a Metropolitan Transit Authority,
of
For
Halsey,
city garage and repair shops.
waste
000
100.678
Chicago, for $100,Is
000,
Bid
Other bidders were:
for
Transit
and
thority Program Approved—R. B.
local
traction
facilities.
Ordinance
ance
Passed—An
calling for
an
ordin¬
ment funding bonds amounting to
$34,000, was passed recently by
the City Council.
&
Co., and Asso¬
ciates, for ls_& Co., and
Blyth
ciate,
issue of judg¬
101.039
100.977
Is
Shields
First
Chicago Heights, III.
re¬
Caldwell
at
Indianapolis, Ind.
Sale—The $500,000 issue
Bond
due
Mil¬
is said to have
in
coupons
voters
Receives
Governor
to
and
Mr.
FLORIDA
lard
Bonds
and after "Aug. 1, 1945, should
be surrendered at the City Treas¬
to
54, Class Q-55 to 58, Class R-59
to
$375,000
1, 1947 to 1966. The next
highest bidders were as follows:
Chicago, III.
urer's
to
refused
Jan.
18, Class G-19 to 21, Class H-22
to
voters
issuance of
county hospital bonds.
Chicago,
interest.
to
funding bonds
on a
$225,000
County (P. O.
Island), III.
the
election
sanction
on
to
—
Bonds Defeated—At the June 4
bids must b e so conditioned.
a
The
City
May 14 to issue
Island
Rock
fered
amount
'
jproject. '■■■'■ 'X-'.
Rock
payable at the First Security Bank
of Idaho, Rexburg.
Said bonds
are subject to approval by Chap¬
man & Cutler, of Chicago, and all
close
Chicago
to rtieet balance due
Rexburg),
County Clerk, will receive sealed
bids until 2 P.M. on June 22 for
the
on
judgment
$81,000
of
Offering
of
date called.
Rock Island, III.
Idaho
Bond
Bank
ceases on
IDAHO
est, at the Farmers Bank of State
of Delaware, in Dover: Class F-16
,
to
National
First
INDIANA
County (P. O.
July 1, at par and accrued inter¬
not
exceeding 5% interest. Dated
June 15, 1945. Denomination $1,000.
Due
June
15, as follows:
$405,000 in 1946 to 1975, $404,000
m
1976, and $400,000 in 1977 to
1984.
Bidders will be permitted
$113,000
Madison
1
M. Don,
receive sealed
bids until 8 P.M. (PWT) on June
City
19 for the purchase
SBA, series of 1945,
coupon refunding bonds.
Dated
Aug. 1, 1945. Denomination $1,000.
Due Aug. 1, 1962. Principal and
interest payable at the Exchange
National Bank, Tampa. Bonds to
bear interest in multiples of V\,
one-tenth or one-twentieth of 1%
at the lowest rate obtainable when
sold at par, or at 3% when sold
to the bidder who will pay the
highest price therefor, the Board
reserving the exclusive and un¬
qualified right to determine who
is the best bidder and to reject
any or all bids.
of
Education
DELAWARE
to
Bond Offering—Charles
his office in
at
Ad¬
that
bids
Tallahassee, until
3 P.M. on June
$1,150,000 bonds in connec¬
tion with post-war projects.
to
P.Oakland, Cal.
retary of the State Board pf
ministration, has announced
the Board will receive sealed
issue
Offering—J. F. Moroney,
tified check for 3%
posed issues of $3,300,000 sewage
disposal plant and $1,500,000 air¬
port bonds.
V
1.
Angeles County, Whittier City
School District (P. O. Los
Angeles), Calif.
able
Bonds Defeated—At the June 5
Los
election
the
1949 to 1965 inclusive.
to
June
the
at
was
^
$9,p00 5s, due on July 1 from 1946
J
on
voted
bonds
161,
p."2315tL-were awarded to Weeden:£TCo., San Francisco, as fol¬
lows:;
building
school
000
Monday, June 11, i945
FINANCIAL CHRONICLE
THE COMMERCIAL &
2600
for
Boston
Associate,
100.886
Asso¬
ls_
Corp.,
for
100.681
and
Is
Veedersburg, Ind.
Bond
Offering—Dewey
Town
100.433
Banta,
will re¬
P.M. on
purchase of $150,-
Clerk-Treasurer,
ceive sealed bids until 8
Caldwell except it
Chicago Park District, III. •.
000
not
to
exceed 4%
interest
gives revenue to the cities instead
Bonds Voted—At
the June 4
fiscal agency
of to the State, as he requested.
election the voters authorized the water-works revenue bonds. Dated
York. The bonds are general ob¬ The tax would not be levied, how¬
March
1,
1945.
Denominations
issuance
of $24,000,000 park
ligations
of the City, and the ever, unless residents of the af¬ bonds.
$1,000 and $500. Interest J-J- Due
Council thereof has power and is fected area voted for it,
Jan. 1, as follows: $2,000 in 1947
; Chicago
The Governor said the bill, in¬
obligated to levy ad valorem taxes
Sanitary District, III.
to
1950, $3,000 in 1951 to 1958,
Bond Call
for the payment of said bonds and troduced by Representative Rich¬
Frank O. Birney,
$4,000 in 1959 to 1965, $5,000 in
the interest thereon upon all prop¬ ard H. Simpson of Jefferson, was Treasurer, calls for payment on
1S66 to 1973, $6,000 in 1974 to 1977,
erty within the City subject to not an
administration
proposal. July 1, the 2V4%, series C, re¬ and $6,500 in 1978 to 1981. Rate of
taxation by the City (except cer¬ He had not at this writing indi¬ funding bonds, optional on Jan. 1, interest to be in
multiples of 14 or
tain intangible personal property, cated what action he would take
1945, Nos. CI432,- C1438, C1443,
1%.
Principal and interest pay¬
which is taxable at limited rates) on the measure. Senator Harry P. C1478, C1488, C1492, C1498, C1509,
able
at
the
Veedersburg
State
without
limitation
of
rate
'or Johnson of Tavares, who steered C1528, C1537, C1539, C1557, C1562,
Bank. The bonds will be awarded
amount.
In the event that prior the bill through the Senate, said C1573, C1576, C1582, C1600, C1607,
to
the
highest qualified bidder
to the delivery of the bonds the municipalities had a greater need C1609, C1618, C1631, C1640, C1658,
who has submitted his bid in ac¬
income received by private hold¬ for the revenues to be derived C1668, C1674, C1677,
C1697, C1711, cordance with the notice of sale.
ers from
bonds of the same type from
such a
tax
than did the C1714, C-1717, C1719, C1731, C1732, The highest bidder will be the
and
character shall be declared State.
The
10%
municipal tax C1746, C1750, amounting to $35,- one who offers the lowest net in¬
to be taxable under any Federal would be in addition to the \Vi% 000, and series
"One," 2&s, con¬ terest cost to the Town, to be de¬
income tax laws, either by the tax already levied for State pur¬ struction bonds, optional on July termined
by computing the total
terms of such laws or by ruling
poses.
V
1, 1945, Nos. 1001 to 1250, amount¬ interest on all of the bonds to
by
June 18 for the
Governor
City Treasurer's
office or at the
of the City in New
—-
.
.
Number 4393
yolume' 161
THE COMMERCIAL &
FINANCIAL CHRONICLE
maturities and deducting
the premium bid, if
Said bonds are payable out
their
therefrom
any.
the
of
be
to
revenues
derived
the operation of the water
on account of which the
bonds are being issued, and will
not constitute a corporate indebt¬
edness of the Town within the
from
works
provisions and limitations of the
constitution of the State.
The
Hickman
County, Ky.
Bond Call—W. L.
Knuckles, Jr.,
State Local Finance
Interest
ceases
Dated July
ap¬
date
on
called.
15, 1942.
Lawrenceburg, Ky.
Co. of
Louisville,
block
of
issuance
of the bonds, will be
furnished to the purchaser at the
4—v.
of the Town.
No condi¬
tional bid, or bid for less than the
of said bonds at the
value
par
interest rate named by the bidder,
will be considered.
for
check
tified
Enclose
$5,000,
Bond
Sale—The
$45,000
sewer revenue
bid
will
Clerk,
purchase
the
will
11
air¬
furnish
bonds and legal opinion.
Sale—The $60,000 airport
Bond
offered
bonds
June
4
v.
—
161,
2383—were awarded to Halsey,
Stuart & Co., Chicago, as Is, at
100.203, a basis of about 0.98%.
Dated March 15, 1945 and due on
p.
Nov.
sive. Second
lV4s
1946
from
1
inclu¬
high bid of 101.75 for
made
by
Iowa-Des
was
National
Moines
1964
to
Bank
Trust
&
Co., Des Moines.
KANSAS
be
of
issue
at the
submitted to the voters
to
held
be
12.
June
on
KENTUCKY
a
before July
premium of 2%
Frankfort, Ky.
Bond Offering—Mervin
Clerk,
bids until 8.30 P.M.
the
Parrent,
sealed
receive
will
June 11 for
on
to
are
if called
1, 1955, and at
on
par
>'
Kentucky State Teachers
College (P. O. Bowling
Green), Ky.
Bond
Offering—Mattie M. Mc
Lean, Secretary of the Board of
Regents, has announced that the
will
Board
receive sealed
bids at
Woodward, Dawson,
Hobson & Fulton, Kentucky Home
Life
Building,
Louisville, until
noon
June
on
16 for the
$240,000 building revenue re¬
funding bonds, not exceeding 2%
interest. Dated July 1, 1945. Due
Jan.
1,
follows: $5,000 in 1946,
as
$11,000 in 1947 and 1948, $12,000
in 1949, $13,000 in 1950 and 1951,
$14,000 in 1952 to 1954, $15,000 in
1955, $14,000 in 1956 and 1957, and
$15,000 in 1958 to 1963. All of said
bonds
at
any
time outstanding
in
be redeemable
whole
or
in the inverse order of
numbering, prior to matur¬
ity on any interest payment date,
and in the event of such redemp¬
part
interest will* be
paid as to any such bonds at the
time of such redemption equal to
3% of the principal amount there¬
of if called for redemption on or
tion,
additional
purchase of $50,000 refunding
M.
Statistics
Smith, head of A.
Co., New
with
us
a
of his analysis of the bonded
debt of the State of
Jan.
and
Louisiana, its
subdivisions
of
as
1,
1945.
According to this
source,
direct and general obli¬
gations of the State were out¬
standing
in the total amount < of
$146,781,000 on the foregoing date.
This
figure,
Mr.
Smith
reports,
of $7,139,540 over the comparable ag¬
gregate on Jan. 1, 1935, of $139,641,460.
The compilation shows
represents
the
amount
increase
net
a
outstanding
and
the
type of each issue of State bonds
indicates
and
the
specific
applicable to
ues
the
of
various
Insofar
reven¬
the redemption
are
concerned, the compilation shows
for each parish in the State the
1940 U. S. Census population, 1944
assessment,
total
bonded
debt
(road, school, drainage, etc.,) at
Jan. 1, 1945, percent of debt to
valuation, average tax rate, per¬
cent of gross tax
collections in
1943 and per capita debt.
Figures complied by Mr. Smith
showing trend of debt of the State
and its local political subdivisions
in the
ten
years
1935-1945 in¬
dicate a decrease of $10,876,766
for the period, the overall aggre¬
gate having declined from $342,728,415 to $331,851,649,
Montague County (P. O.
Montague), La.
1, 1950; 2% if called
Warrant
Issuance
Planned
on
or
before Jan. 1, 1955; 1% if
May 14, Louis T. Holland,
called 011 or before Jan. 1, 1960, On
and without payment of any such County Judge, announced the in¬
after.
Rate of interest
to
be in
a
tention
of
the
County
Vs
event will
bid of less thari 103%
000
of
par be favorably considered.
Principal and interest (J-J) pay¬
ture not later than
able at the office of the Treasurer
Rapides Parish, Big Island School
District No. SO (P. O. Alex¬
1970,
payment
interest
on
dates
after
or
terms
July 1, 1960, upon
101V2 plus accrued in¬
of
terest.
Principal
(J-J)
payable
tional
Bank
bonds
Frankfort.
of
sold
be
will
than
at
and
interest
the State Na¬
not
for
must
a
subject
pay the
tional
of
to rate
or
opinion
chaser.
be
Each
paid
by
quired to agree to accept
be
re¬
delivery
and make
payment for the bonds
Frankfort, Ky., on or before
July 1, 1945. The cost of printing
the bonds will be paid by the
purchaser.
Enclose
a
certified
for
$1,000,
payable to the
City.
revenue
Harlan), Ky.
Bond Call—W. L. Knuckles, Jr.,
State
Local
and
5%
road
LOUISIANA
Hazard, Ky.
Call
—
Water refunding
3% bonds, Nos. 54 to 57, issued
July 1, 1944, will be redeemed on
July 1, at 103, and accrued inter¬
est, at the First National Bank of
Cincinnati.
Bond
Dated June 1, 1945.
$1,000.
Interest
These
bonds
June
Bond
Election
—
An
issue
of
$750,000 improvement bonds will
be submitted
election
Bond
to
to the voters at the
held
be
on
Colfax, La.
Election—An
June
19.
Offering—H.
M.
Wells,
issue
1,
to
the
until
bids
will receive sealed
noon
July
on
6,
for
purchase of $15,000 building
coupon
bonds, at not exceeding
4% interest. Dated July 15, 1945.
Denominations
$1,000 and $250.
Due July 15, as follows: $1,000 in
1946 and 1947, $1,250 in 1948 and
1949, $1,500 in 1950 and 1951, $1,in 1952 and 1953, and $2,000
1954 and 1955.
These bonds
authorized at
election held
an
April 3, 1945. Rate of interest
to be in a multiple of 14 of 1%,
and must be the same for all of
the bonds.
Parish
$35,000 2V2% public improvement
bonds. Due on July 1 from
1965
to
1965
from
District No. 1 bonds.
July 1 from 1947 to
inclusive and payable
unlimited taxes.
This
is
co-extensive
with
the town.
The above issues are dated
July
cer¬
School
O. Farmerville),
Louisiana
Bond
Election
000—$30,000
School
dated
$40,000
Planned
—
An
amounting to $70,-
Spearsville Consoli¬
District bonds,
Downsville
and
Consolidated
be
submitted to the voters at an elec¬
tion to be held in the near future.
School
District
bonds—will
Vermilion
Parish
Gravity
Drain
(P. O. Abbe¬
ville), La.
District No. 2
Bond
Sale—The
$17,000 public
improvement bonds offered for
on May 28—v. 161, p. 2383—
were
awarded to the Equitable
sale
Securities Corp., as l3/4s, at a price
Dated May 1, 1945.
Denomination $500. These bonds
of
100.214.
are
due on May 1, 1946 to 1960.
20,000 21A% Detroit, series G'irefunding bonds. Due April 1,
bidder
The
the
was
(J-D).
$25,000
1958.
10,000 2)4% Detroit, series G re¬
funding bonds. Due April 1,
1961. Legal opinion of Thom¬
York.
5,000
opinion
Harriman
Ripley
&
School
Harris
National
Shawmut
Weeden
First
Bank,
100.13
&
Co.
100.133
National
4
Detroit.
Dearborn,
%
ion
Fordson
Due
bonds.
A
i
A
*
Hamtramck
District
No.
8
bonds
Legal opin¬
Miller, Canfield,. Pad¬
of
dock
100.09
Canfield,
of
Due June 1, 1952.
Bank,
Boston
Stone
District
School
100.099
National
as
grade
I .separation bonds. Due Oct. 1,
1957, Legal opinion of Miller,
Canfield, Paddock & Stone of
Detroit.
.'/ i
15,000 5% Hamtramck Township
100.104
W. E. Hutton & Co
Second
water
Oct.
& Stone of Detroit.
1 (K000
Bank,
Boston
Due
May 15, 1950. Legal opinion
of Miller, Canfield, Padddck
100.189
Trust
&
Savings
Bank, Chicago
100.169
Lee Higginson Corp., and
F.
S.
Moseley & Co.,
jointly
100.14
Lansing
Miller,
&
4V2%
5,000
Co.,
Inc.
of
Paddock
Price Bid
Halsey, Stuart & Co..___ 100.19
East
bonds.
follows: $500 in 1952,
aad'($l,500
in
1953
to
1955.
Legal
,
<
4%
works
Co., New York, for %s, at
a
price of 100.22. Other bidders,
all. for 3A% bonds, were as fol¬
lows:
'
Bidder
Wood & Hoffman of New
son.
on
next
Bankers
Legal opinion of Thom¬
son, Wood & Hoffman of New
Y'ork.
Trust
&
Stone of Detroit."
10,000 41/4% Highland Park pub¬
lic
Webster, Mass.
Note
Sale—The
$75,000 tem¬
porary notes offered for sale on
June 1, were awarded to the Wor¬
cester County Trust Co. of Wor¬
cester, at 0.34%. Dated June 1,
1945
and
bidders
due
Dec.
1, 1945. Other
Stone
of Detroit.
Merchants National Bank,
Boston
0.35%
National
Jan.
1, as follows: $2,500, in
1959, and $1,000 in 1960. Legal
opinion of Miller, Canfield,
Paddock
No. 8
Bond
5,000
Call—Ralph M. Bell, Dis¬
calls for payment
on which date interest
July 1,
$10,000 2%% refunding
bonds, Nos. 81 through 90. Dated
May 1, 1941. Denomination $1,000
ceases,
each.
bonds
These
due
are
of Detroit.
Township
District
No.
5
bonds.
$1,000 Jan. 1,1946 to 1950.
Legal opinion of Miller, Canfield, Paddock & Storte- of
Detroit,
No bid for part of an item will
be considered.
The right is, re¬
tained
to
reject all bids, but un¬
are
so
rejected for
item, sale thereof will be
all
less
any
made
bids
the
to
and accrued interest prior
maturity.
Said bonds should
presented for payment at the
National Bank of
highest bidder, who
with the terms of the
complies
showing
par
to
Stone
Due
on
July 1, 1957, and are redeemable
&
Muskegon
6%
School
Township School District
(P.O. Inkster), Mich.
trict Secretary,
on
'yAA,'1
3,500 5% Muskegon general and
special refunding bonds. Due
0.365%
MICHIGAN
,
1
Bank,
Boston
Dearborn
-
18,000 4M>% Marshall and Marengo
Township bonds.
Due
Feb 15, 1958.
Legal opinion
of Miller, Canfield, Paddock
& Stone of Detroit.
Int. Rate
Bidder
First
school
bonds.
Due tMay
1, 1955. Legal opinion of Mil¬
ler,
Canfield,
Paddock t &
were:
Detroit.
sale.
Bids
to
are
be
submitted
dollar price per item,
plus accrued interest to date of
delivery at coupon rate.
,1
^ r
.
Hazel Drain District,
Each bid must be enclosed
Oakland
County, Mich.
Distribution
Scheduled
—
Mat¬
in
a
sealed envelope addressed to State
Treasurer and should be marked
"Bid for Bonds," and must be ac¬
Municipal Finance
companied by a certified check
Consultant, 1077 Penobscot Bldg.,
Detroit 26, has addressed a letter guaranteeing compliance with bid
thew
Carey,
holders
to
of
district
6%
bonds,
Aug, 1, 1924, giving full de¬
tails regarding financial status of
the district and the proposed dis¬
tribution of an initial payment to
creditors of 6% on their holdings.
dated
The
bonds, according to the letter,
have been in default since Oct.
the
in
amount
of
of
2%
the
bonds', or 2%
value, where bids ex¬
v J
amount bid for said
of the
par
ceed par.
Midland, Mich*
Bond Of feting—Anna E. Coons,
receive sealed
(CWT), 011 June
12, for the purchase of $16,620
special assessment street coupon
bond principal and $27,990 in in¬
bonds, at not exceeding 4% in¬
terest.
The letter requests that
terest.
Dated June 15, 1945, De¬
bonds be forwarded to the Trust
nomination $1,000, one for $1,620.
Department of the National Bank Due
Aug. 15, as follows: $3,000
of Detroit, accompanied
by ex¬
in 1946 to 1949, and $4,620 in 1950.
ecuted
copies of the
letter of
Rate of interest to be in multiples
transmittal, an.d the initial pay¬
of 14 of 1%. No bid for less than
Clerk,
City
will
bids until 5 P.M.
1, 1931, and debt owed by the dis¬
trict now consists of $36,000 of
ment to creditors will be made on
deposit of 90% of the outstanding
bonds. Inquiries pertaining to the
situation
Mr.
should
be
addressed
to
Carey.
Michigan
Teacher
inclusive ; and
on
district
Consolidated
Parish
Districts (P.
payable from unlimited taxes.
sewerage
a
$300, payable to
Board.
School
Union
35,000 2%% public improvement
Due
Enclose
Treasurer.
check for
tified
issue of bonds
lowing bonds:
1947
Principal and interest
(J-J) payable at the office of the
voters at an
Denham
1955.
School Board,
of
election to be held on June 26.
payable
to
1946
highest
Denomination
due
be
$58,000—$33,000 tax secured bonds
and $25,000 revenue bonds—will
submitted
for
Manufacturers
the
bonds amounting to
works
offered
are
Secretary-Treasurer of the Parish
were
Avoyelles Parish, Marksville School
District (P. O. Marksville), La.
water
June
on
A
Hoffman of New York.
161, p. 2495—
were awarded to
Tyler & Co. of
Boston, as 3/4s, at a price of 100.495, a
basis
of
about
0.664%.
at
on
making public offering of the fol¬
Bank
&
Trust
Co.,
Louisville.
Dated Jan. 1, 1942. Interest ceases
on date called.
1965.
in
refund¬
and bridge
me-
750
therein.
Officer, has
County's 414%
ing bonds, Nos. 76 to 80, and 100
to 109, are called for payment on
July 1, at the Citizens-Fidelity
Bond
Nos. 41
Springs, La.
Bonds Publicly
Offered—Weil
& Arnold
of New Orleans, are
Finance
announced that the
bonds,
to
of New York.
10,000 234% Detroit, series F re¬
funding bonds. Due $5,000 on
Jan. 15, 1961 and 1962. Legal
opinion of Thomson, Wood &
1—v.
the
$1,000 denominations, are called
for payment 011 July 1, and will
be redeemed at place of payment
be
Harlan County (P. O.
Enclose
$5,000.
280, dated Jan. 1; 1940, and in
to
in
check
check* for
Call—All outstanding 3%
building
the pur¬
will
bidder
Bend
conditioned.
so
is
statutory limitation as
amount, the cost of such
to
be
certified
taxes to
constitu¬
of
without
same
City
the
property in
to the levy
Cutler of Chicago,
furnished, and all bids
be
less
ligations of the City, and that all
taxable
of Chapman &
are
andria), La.
York City. The approving opinion
The
accrued > interest.
The City agrees to furnish the
purchaser the approving opinion
of Chapman & Cutler, of Chicago,
reciting the conclusion that the
bonds are valid and binding ob¬
the
These warrants
terest.
Chemical Bank & Trust* Co., New
and
par
a
and in no
of 1%
of the Board of Regents or at
will
bonds
issue
to
$50,000 road and bridge time war¬
rants, at not exceeding 3V2% in¬
multiple of
on
construction
Jan.
additional interest if called there¬
21i>%
Detroit, series G
refunding bonds. Due on June
1,
1960.
Legal
opinion
of
Thomson, Wood & Hoffman
Quincy, Mass.
Sale—The $250,000 street
Boston
finances
bonds, not exceeding 2V2% inter¬
est. Dated June 1, 1945. Due $2,-
July 1, 1946 to 1970. With the
option in the City to redeem the
bonds due in the years 1961 to
60,000
legislature.
Bond
loans.
local
as
State
sale
Investment
Orleans, has provided
purchase
of
before
City
bonds
their
$400,000
municipal
auditorium
and community center bonds will
election
The
30 days' notice and
on
at
in
Election—An
Smith
agencies
inclusive.
shall
Dodge City, Kan.
Bond
for the
—Ambrose
M.
1970
be callable
the offices of
Webster City, Iowa
MASSACHUSETTS
utility
(State of)
State and Local Debt
copy
sealed
June
on
Louisiana
issue, which is dated July 1, 1945
and due on July 1 from 1946 to
Olson,
$20,000
of
City
bonds.
port
A.
receive
P.M.
7:30
until
bids
for
bonds offered June
gas
Bond Election—An issue of
$5,000 gas system bonds will be sub¬
mitted to the voters at the election
to be held on June 19.
$60,000
sale
May 29 with $70,000
on
a
Western
Iowa
Bond Offering—John
City
Bond
awarded
the
thereafter.
SOWA
Chariton,
of
submitted at the
or
Town.
the
to
Bankers
was
161, p. 2494—paying a price
of 103 for 2V2S. This was the
only
a cer¬
payable
are non-callable.
They
offered for sale by the town
Boston, Mass.
announced
Bebt Refunding Bill Approved
revenue bonds and
$20,500 water
—An enabling act
bfJ>dge refu^ding bonds, | works utility bonds.—V. 161, p. city to refinance empowering the
Nos. 17 to
22, are called for pay- 11931.
$16,500,000 Sum¬
ment on July 15, at the Chemical
ner Tunnel bonds—v.
161, p. 1708
Bank & Trust Co., New York
—was
Iota, La.
approved recently by the
City.
Officer, has
that the County's 414%
proving opinion of Ross, McCord,
Ice & Miller, of Indianapolis, to¬
gether with a transcript of the
proceedings had relating to the
expense
1, 1945 and
were
(P.
O.
Lansing),
Portfolio
Bond
Mich.
Offer¬
ing—The various items of muni¬
as
follows:
$30,000 4Y2% Detroit park and
boulevard, series A refunding
bonds. Due on Nov. 15, 1946.
Legal
Wood,
York.
the
of
bonds
will
consid¬
be
payable
at
the
City
Treasurer's
office. The bonds shall be awarded
to the bidder whose
cipal Michigan bonds amounting
to $201,500, being offered for sale
on
June 12—v. 161, p. 2495—are
described
all
ered. Principal and interest (F-A)
the
lowest
bid produces
interest cost to the
City, after deducting the premium
offered, if any. In determining the
net interest cost, interest on pre¬
mium
will
deductible
not
and
be
considered
will
interest
as
be
computed from June 15, 1945, to
respective maturity dates. The
in anticipa¬
the
bonds shall be issued
tion
of
the
collection
assessments heretofore
opinion of Thomson,!
the
& Hoffman of New
purpose
street
special
of
levied for
of installing certain
in accord-"
improvements,
I
the
with
provisions of the
charter of the City and the sta¬
ance
such
in
State
the
of
tutes
case
provided and said bonds
shall be general obligations pledg¬
ing the full faith and credit of
the City. Bids shall be conditioned
upon the unqualified opinion of
Miller, Canfield, Paddock & Stone,
of Detroit, approving the legality
of the bonds.
The cost of the
made and
legal opinion and the printing of
the bonds shall be paid by the
Enclose a certified check
for-2% of the par value of the
City.
bonds, payable to the City Treas¬
urer.
Township School District No.
Paris
(P. O. Grand Rapids), Mich.
Bond Call—Frank L. DeMond,
11
Educa¬
Treasurer of the Board of
calls for payment on July
1, at the Michigan National Bank,
Grand Rapids, the 214% refund¬
ing bonds Nos. M-4, M-9, M-13,
M-57, M-64 and M-80, amounting
to $6,000.
These bonds mature on
July 1, 1970. Interest ceases on
tion,
'
bank
suitable
designated
any
by the purchaser. The City will
furnish the printed bonds and the
approving opinion of Dorsey, Colman, Barker, Scott & Barber of
Minneapolis. Enclose a certified
check for $5,000, payable to the
City.
Koochiching County (P. O. Inter¬
national Falls), Minn.
Bond
Sale—The
$100,000
re¬
funding bonds offered for sale on
161,
31—v.
May
awarded
2496—were
p.
Co. of
Dain &
M.
J.
to
Minneapolis, and Associates, as
114s, at par. Coupon bonds, dated
June 1, 1945.
Due on Oct. 1, in
1949 to 1954; optional on and after
Oct.
1, 1947.
Interest payable
A—O.
Bond
cation, calls for payment on
presented to the Detroit Trust
Co., Detroit, for payment. Interest
ceases on date called.
School District
Township
(P. O. Jackson), Mich.
Tenders Wanted—Floyd Rhoad,
8
District
sealed
Secretary,
will receive
tenders until 4 P.M. on
June 26 for the
purchase of serfcs
Aug. 1,
refunding bonds, dated
Supervisors
Houston),
O.
of
purchased
Jackson,
May 18, at par, $16,753.44 3%
bonds, as follows:
District
No.
3
from 1946 to 1955
District
Road
bonds.
lows:
from
No.
Coahoma
(P.
County
$57,000 general
county bonds offered June 4 —v.
161, p. 2273—were awarded to
National
Union
Planters
Bank,
sew¬
the
and
National Bank
Co., both of Memphis, joint¬
ly, as Is, at 100.36, a basis of about
0.916%.
Dated July 1, 1945 and
due on July 1 from 1947 to 1950
inclusive.
Second
high bid of
100.35 for Is was made by M. A.
disposal plant bonds offered
age
4—v.
June
awarded
2384—were
161, p.
follows:
as
Curtis, of Chicago,
at
100.412, a basis of about
0.946%. Due July 1 as fol¬
lows:
$12,000 from 1948 to
1957 incl. and $5,000 in 1958.
125,000 as Is to Allison-Williams
; Co. of Minneapolis, at 100.146,
Jackson &
y.a basis of about 0.991%. Due
July 1 as follows: $8,000 in
,1958 and $13,000 from 1959 to
: 1967
V
incl. :
All of the bonds
.£2
are
dated July
1945 and the city, in offering
the issue, requested separate bids
for the i two blocks of $125,000.
1,
Btainerd
000
School
District,
Sale—The
Bond
issue of
Minn.
$270,-
refunding bonds offered June
161, p. 2495—was awarded
First
the
Minneapolis,
National
the
bidder,
only
Is, due $27,000
1946 to
on
102.031
Crow
1951 to
June
1955
on
June
incl.
Second high bid of
made
was
Harris &
Stranahan,
by
(Jo. and M. A. Saunders
& 1 Co.,
jointly.
Other
bids;
Equitable Securities Corp., Wal¬
ton-Hamp Jones Co., and Deposit
Guaranty Bank & Trust Co., Jack¬
jointly, 101.664; Kingsbury &
Alvis, Union Planters National
Bank & Trust Co., Memphis, and
First
National
Bank, Memphis,
jointly, 101.45; Scharff & Jones,
son,
&
Bank
Commerce
Mercantile
Trust Co., St. Louis, and National
Bank of Commerce, New Orleans,
jointly,
101.146;
Lewis
101.156;
Leland
Co.,
Co.,
&
&
Speed
Hancock
Bay
County (P. O.
Saint Louis), Miss.
Bond Sale
of
—
The $82,000
3V2%
refunding bonds
offered
for
sale
recently were
awarded to the Leland Speed &
1945,
of Jackson.
Co.,
described
as
The bonds are
r
follows:
■
$17,000 road and bridge bonds.
65,000 road protection bonds.
Bond
approved by Charles
nicht, of St. Louis.
County
Offering
—
Herman
Olander, District Clerk,
ceive sealed
will
R.
re¬
bids until 7 P.M.
Dated
Mar.
June
15, 1945.
are
due
on
as
terest
payment
certified
check
date.
Enclose
$1,000.
a
for
Ely, Minn.
Bond Offering—A.
,
O. Knutson,
Mo.
District,
Con-
S.
rades, Secretary Board of Educa¬
tion, will receive sealed bids until
8
P.M.
chase
Dated
tion
1
to
on
June
12
for
name
1956
a
to
1965
the
pur¬
on
incl.
March
—
Montana
Sale—The
Bond-
$145,000
re¬
2—-v.
161,
of
Ready On Municr
Haupt
Statistics—Ira
Bond
Co., member of the New York
Exchange, now has avail¬
able for distribution to interested
parties the 13th annual edition of
its statistical handbook on New
ciates,
These bonds are
lVzs.
as
dated
School
Bond
District
Bond
ing bonds offered for sale on May
25—v.
161,
2157—were awarded
p.
to the State Board of Land Com¬
Dated
11
1,
July
1945.
School District Nov
W. Morse,
District Clerk, will receive sealed
Offering-—N.
Bond
P.M.
until 8
bids
19 for
June
on
the purchase of $8,500 not to ex¬
ceed 6% interest building bonds.
Dated June 30,
1945. Interest J-D.
Bonds Voted—An issue of
000 water system extension
issued
be
election
held
$35,bonds
result of
a
as
the
recently.
(Montana (State of)
Voted—At
Bonds
election
the
voters
the
heavily
June
5
endorsed
proposed issue of $12,000,000
construction
highway
post-war
bond issue program.
Roosevelt
County School District
No, 15 (P. O. Froid); Mont.
Bond
Offering—O.
P. Waller,
District Clerk, will receive sealed
bids until 8 P.M.
on
follows:
as
and
exceeding
July
1, 1945.
1,
$2,000 in-1947 to 1951,
$3,000 in 1952 to 1961. Rate
in-multiples of Ya
l/10th of 1 % and must be the
or
for all of the bonds. Princi¬
June 25 for
building bonds.
1, 1945. Interest J-D.
Toole County (P. O.
Shelby);
Montana
Dunham,
County
Commissioners, will receive sealed
Chairman of the Board of
bids
the
until
10
a.m.
on
July 5
for
purchase of $125,000 hospital
bonds.
Amortization bonds will be the
first
the
choice.
second
Serial bonds
will
be
Principal and
in semi-annual
during a period of
20 years, redeemable at any time
after 5 years.
A certified check
for $5,000 is required.
These
offered
been
are
the
bonds
June 7,
on
originally
the sale having
lowest
rate
stated
in
legally
any
propo¬
sal must state the amount bid for
the bonds, which shall be not less
than $40,000 nor more than $41,000. As between
legally acceptable
proposals specifying the same rate
of interest, the
jponds will be sold
the bidder complying with the
of sale and offering to ac¬
to
terms
cept for the amount bid the least
amount of
bonds, the bonds to be
accepted being those first matur¬
ing and if two or more bidders
offer
to
accept
the
least
same
amount, then to the bidder offer¬
ing
to
pay
on
date
therefor
the
highest
The purchaser must also
price.
amount equal to the inter¬
the bonds accrued to the
of
payment of the purchase
In the event that prior to
the delivery of the bonds the in¬
received by private holders
from bonds of the
same type and
character shall be taxable
by the
terms of any Federal income tax
as
l%s,
in
1963 and
1965,
1945.
June 10
on
S2o
1964, and $15
00ft
Was: Dated June 10
as
Denomination
next
highest bidder
han,
Harris
$1,000
The
was
Strana
Baum
Bernheimer Co., and the
Stern
Bros. & Co., jointly, for
$375 000
IV4S, at a price of 100.185 making
Co.,
interest
net
a
&
Inc.,
cost
of
1.23322%,
Dona Ana
County School Districts
(P. O. Las Cruces), N. Mex.
Bonds Voted—An issue of
$101
000
bonds—$70,000 .Mesilla
School District bonds and
Anthony School District
-
Park
$31,000
were
ap¬
recent* elections.
Miguel County, Las Vegas
District (P. O. Las
Vegas), N. Mex.
School
<
Bonds Voted—At
tion
a recent elec¬
issue of $160,000 construc¬
bonds was favorably voted.
Erie
County (P. O. Buffalo), N. Y.
tion
an
NEW
Bond
YORK
Offering—Jacob
Tick,
County Comptroller, will receive
bids until
sealed
June
on
11
the
for
15
A.M.
(EWT)
purchase of
general
coupon
or
registered
bonds amounting to $342,000, not
exceeding
5%
interest.
Dated
June 15, 1945. / Denomination $1000. Due June 15, as follows: $87,000 in 1946, and $85,000 in 1947 to
of
Rate
multiple of 14
and
,
the
interest
be
to
in
one-tenth of 1%
or
be the same for all of
Issued pursuant to
must
bonds.
Chapter 784, Laws of New York of
1944, -for the purpose of making
refund
on
certain
of
raised
moneys
property in the City of Buffalo,
for
hospitalization/ purposes, the
period of probable usefulness of
Which is.5 years. The County
operates under the County Law.
Principal and interest (J-D) pay¬
able
the
at
Marine
Co. of
Trust
at the Marine Midland
or
will
valid
be
The
City.
Co., New York
bonds
legally
and
paid from such levy, all the
real property within the
County will be subject to the levy
not
taxable
of
ad
valorem
taxes
bonds
and
without
limitation
amount:
to the
to
interest
as
the event
In
said
pay
thereon;
to rate or
that
prior
delivery of the bonds the
income received by private hold-,
ers from bonds of the same type
and character shall be taxable
the terms
tax
law,
at
may,
of
his
tract
in
of any
by
Federal income
the successful bidder
his election, be relieved
obligations under the con¬
purchase the bonds and
case
the deposit accom¬
to
such
panying his bid will be
returned.
The approving opinion
of Vandewater, Sykes & Heckler, of New
York, will be furnished the pur¬
chaser
without
cost.
certified check for
to
the
Enclose
a
payable,
$6,840,
County.
Lake
purchase
Thomas, Treasurer of the Com¬
mission,-has announced that the
the
the
bonds
and
in
such
deposit accompanying his
Bridge
Champlain
sion
Commis¬
Y.
(P. O. Crown Point), N.
Bond
Offering
—
Marion
L.
sealed
Burl¬
the opinion of
Hawkins, Delafield ington, Vt., until 2 p.m. (EWT) on
& Longfellow of New
June 15 for the purchase of NeW
York, that
the bonds are valid and
legally York-Vermont Interstate Bridge
bid will be returned.
ful bidder will
The
success¬
be furnished with
Commission
will
receive
bids at the Hotel Vermont,
bonds
binding obligations of the school
Consolidated
district.
amounting to $1,208,000, and not
exceeding
5%
interest.
Dated,
July 1, 1945. Denomination $1,000#
Enclose
$800,
a
payable
certfied check
to
the
school
/:
refunding
Due Jan.
Chaves
was
awarded
re¬
M.
Douglas
of
J-D.
County
MEXICO
Municipal
School
$375,000 build¬
ing
1
bonds offered for sale
v.
161,
p.
1, 1969. Redeemable on
payment date Pn£r
maturity upon payment of the
following premiums: 3%, if re"
any
District No. 1 (P. O.
Roswell),
New Mexico
Bond Sale—The
issue of $48,000
Interest
in
000
law, the successful bidder may, at
his election, be relieved of his ob¬
ligations under the contract to
Nebraska
Omaha,
°d
$55,000 maturing
posal > will
specifies a
NEW
County (P. O. Ainsworth),
refunding bonds
cently to John
on June
19, 1947 to 1950 £
$240,000 maturing $20,000'on
June 10, 1951 to
1962, as is
000
3s,
binding general obligations of the
County, payable in the first in*
stance from a levy upon property
in the County outside of the City
of Buffalo liable therefor, but if
NEBRASKA
Bond Sale—An
nil
1.20098% as fni
$80,000 maturing Swr
Trust
Guaranty
No pro¬
be considered which
rate higher than the
district.
Brown
Den'vmT
par ata
of
money
at the
Trust Co., of New York.
for
postponed.
-
{?
j
lawful
case
choice.
payable
Qavi-
Buffalo,
come
Bond Offering—L. W.
&
pal and interest (J-J) payable in
est
interest
not
Dated
of interest to be
pay an
6%
re¬
p.m.
Denomination $1,000. Due July
the purchase of $77,000 not to ex¬
Dated June
8
acceptable proposal... Each
Lodge Grass, Mont.
will
interest.
will
until
18 for the pur¬
school coupon or
bonds,
registered
same
(P. O. Drummond), Mont.
June
on
chase of $40,000
4%
Clerk,
bids
E.
price of
a
cost
lows:' For
1949.
J.
Clarence
—
District
sealed
(EWT)
County Roy High School
(P. O. Roy), Mont.
Sale—The $12,000 build¬
Fergus
N.
District,
Offering
Stevens,
ceive
July 1, 1945.
Maplewood
South Orange and
Jaffray & Hopof Minneapolis, and Asso¬
awarded to Piper,
wood
interest
warrants.
funding
Edition
New
2157—were
p.
jointly, at
M
purchase
the
for
26
June
interest
Trust
Chicago, and the
Mullen Investment Co. of
San
,
Josiah
Liquidation for the Borough, has
announced that the Board will
receive sealed tenders until 2 p.m.
on
Harris
of
proved at
Stock
O. Lewiston),
(P.
County
Fergus
Bidder
single rate of interest,
City Clerk, will receive sealed and expressed in a multiple of Vfe of
oral bids until 8 P.M. on June 15,
1%.
Principal and interest pay¬
for
the
purchase of refunding able at place designated by the
Wanted
Bank
Hewitt, Treasurer of the Board of
&
$100,000 school bonds.
June 1, 1945.
Denomina¬
from
-
N. J.
Fort Lee,
ipal
MONTANA
of
$1,000. Due $10,000
:
Tenders
are
May 1, 1945.
interest
Offering—Otto
Bond
Jan.
follows: $3,000 in 1948 to
1961, and $4,000 in 1962 to 1965.
Subject to redemption on any in¬
1,
& Trauer¬
MISSOURI
School
Ladue
Denomination $1,-
These bonds
bonds
These
Louis.
installments
15 for the purchase of $58,Vk% refunding bonds. Dated
000.
Legality
1945.
on
June
000
1,
whichever is
June 26,
or
price.
Independent
School District No. SI (P. O.
Crosby), Minn.
Wing
livery
ceed
100.94.
as
1950 incl.
135,000 l%s, due $27,000
l from
offered
161, p. 2384 — was
Watkins, Morrow &
about 1.275%.
issue
1 from
1
to
Unio^ Bank of Nashville,
jointly, at par' plus a premium of
$9,333, equal to 102.333, a basis of
of
Bank
follows'.
$135,000
paving bonds
v.
—
Co., of Birmingham, and the Com¬
4—v.
to
5
St.
of
Granite County
$400,-
merce
$125,000 as Is to Paine, Webber,
:
1 Yz %
O.
(P.
the date of de¬
accrued to
bonds
the earlier.
The
$39,000 2Yz%, semi-annual, school Borough has $15,000 available for
bonds has been approved as to the purchase of the warants.
New Jersey (State of)
legality by Charles & Trauernicht,
missioners.
Sale—The issue of
awarded
5
&
Trust
June
No.
District
Potosi), Mo.
Legality Approved—An issue of
June
Bond Sale—The
000
$250,000
J., on or
before July 3, at which time pay¬
ment at the price stated will be
made together with interest on the
Cape May House, N.
of
Clarke- funding bonds offered for sale oil Jersey municipal obligations.
0.
dale), Miss.
First*
Consolidated
County
Washington
2
April 15 as fol¬
$658.19 in 1946; $500
1947 to 1950 incl., and
Greenville, Miss.
Sale—The
100.149.
Due
$1,000 from 1951 to 1955 incl.
Bond
Blue Earth* Minn.
next
The
1965.
to
highest bidder was Harris Trust &
Savings Bank, Chicago, and the
dated
.
7,658.19
MINNESOTA
Bond
1946
School
Saunders & Co.
v-
1935."
Co.
incl.
1,500 series B refunding bonds.
Due July 1, 1952.
4,225 certificates of indebtedness.
J:V Due on July 1, 1948.
All are dated July 1, 1938. Said
bonds and certificates shall be
in
due
Co., St. Louis, jointly, for Was, at
on
"
Summit
(P.
July
the $9,095.25 Road
bonds. Due
and
bonds.
were
price of 100.177. These bonds are
Bonds Sold—The Walton-Hamp
Jones
I, at par and accrued interest,
following outstanding bonds
certificates of indebtedness:
$45,000 series A refunding
Due July 1, 1968.
awarded to Newhard,
Cook & Co., G. H. Walker & Co.;
and Dempsey-Tegeler & Co., all
of St. Louis, jointly, as ll/ss, at a
cently
Mississippi
of Edu¬
the Board
of
authorized
County
Districts
O.
4), Mich.
Call—Leonard
Maker,
Secretary
The bonds are part of $14,400.- Each tender shall state
issue of $630,000 the
principal amount of bonds
and proposals must
be accom¬ proposed to: be sold and the price,
panied by a certified check for expressed as a percentage (not
$1,000, payable to order of the exceeding
100%) of their par
district.
value.
Bonds purchased shall be
surrendered in deliverable xorm
Marshall, Mo.
Bond Sale—The $450,000 water with all appurtenant coupons at¬
works bonds offered for sale re¬ tached at the First National Bank
purchaser.
an
the
to
NEW JERSEY
purchaser and acceptable to the
Board of Education. District will
Avalon, N. J.
furnish legal opinion of Charles
Tenders
Wanted—Adelaide C.
& Trauernicht of St. Louis, and
Knipe, Borough Clerk, will re¬
will pay for printing/ of the bonds ceive sealed tenders until 2 P.M.
and the registration
fee at the (EWT), 011 June 22, for the pur¬
State Auditor's office. Delivery on chase of refunding bonds dated
or before July 15 in St. Louis, at
Aug. 1, 1940 and due on Dec. 1,
no cost to the purchaser. Delivery
1980.
The funds now available
elsewhere to be at expense of the for retirement of these bonds is
Mercantile-Commerce Bank & Tr.
Route No.
A
at
trust company
or
948,
Box
Oak,
Royal
No.
payable
terest
Chickasaw
Townships
School District No. 4 (P.
*
Principal and in¬
rate of interest.
§
Royal Oak and Troy
'
Bidders to name the
1956.
in
000
MISSISSIPPI
July 1,«
-
amounting
to
$339,000.
Dated June 1, 1945.
Denomina¬
tion $1,000. Due Jan. 1, as follows:
$34,000 in 1947 to 1955, and $33,bonds,
Monday, June'll, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
2602
on
June
2158—were awarded
interest
to
deemed
to
and
including
July L
to
l
induct-
1950; 2% if redeemed thereafter
and
including July 1, 1955;
redeemed thereafter to and
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4393
161
Volume
chase
of
$273,000 not to exceed
NORTH CAROLINA
July 1. 1960> and without pre¬
4% interest coupon or registered
if redeemed thereatfer to
Asheboro, N. C.
judgment funding bonds. Dated
maturity, and accrued interest to
Bond Sale—The $390,000 cou
June 1,1945. Denomination $1,000.
the date fixed for redemption. Hate
pon bonds offered June 5—v. 161
Interest J-D. Due June 1, as fol¬
of interest to be in multiples of V4
lows: $53,000'in 1946, and $55,000 p. 2496—were awarded to a syn
or i/ioth of 1%, and must be the
dicate composed of R. S. Dickson
in 1947 to 1950. Rate of interest
& Co., Charlotte, First Michigan
same for all of the bonds. Princi¬
pal and interest (J-J) payable at t,o be in multiples of y4 or one- Corp., Vance Securities Corp., of
tenth of 1 % and must be the same
the
Guaranty Trust Co., New
Winston-Salem,
First Securities
for all of the bonds.
Principa..
York
Coupon bonds registerable
Corp., Durham, and the Southern
and interest payable at the South
Investment Co. of Charlotte, at
on books kept by the Treasurer of
Shore Trust Co., Rockville Centre,
a price of par, a net interest cost
the Commission as to principal or
ing
mium
With
New
York
exchange.
The
able in New York City. Rate or
rates of interest to be expressed
Danville Local School District,
in
Bond
multiples of y4 of 1%. De¬
livery of bonds will be made at
place designated by the successful
bidder. A certified check for $480,
payable to order of the State
Treasurer,
is
Legal
required.
Ohio
o
Education,
Clerk of the Board of
will
sealed
receive
Kaylor,
N.
Offering—R.
until
bids
June 13 for the
purchase
$20,000 2%
building bonds.
These bonds are due $1,000 on Oct.
noon
on
of
Bidders may bid
1, 1946 to .1965.
opinion of Reed, Hoyt & Wash¬
burn of New York City will be
for
furnished the successful bidder.
a
•f
Pitt
No. 5
County Drain District
different rate of interest in
a
multiple of V4 of 1%. Enclose a
certified check for $200, payable
to the Board of Education.
of about 1.929%, as follows:
principal and interest, and bonds will
(P. O. Greenville), N. C.
be valid and legally
in the event of registration as to
Hubbard, Ohio
Bond Offering—F. M. Wooten,
binding obligations of the City $375,000 water bonds. For $25,000
principal and interest, will be reBond Offering—A. J. O'Brien,
maturing $5,000 June 1, .1948 Jr., Secretary of the Board of
all
the
taxable
real
property
convertible into coupon form. The
to 1952, as 5s, $71,000 matur¬ Commissioners,
will receive Village Clerk, will receive sealed
within which will be subject to
to
as
authorized for the pur¬
of refunding all outstanding
bonded indebtedness of the Com¬
bonds are
pose
mission,
heretofore
incurred
in
connection with the construction
of the toll highway bridges known
Lake Champlain Bridge
between Crown Point, N. Y., and
the
as
,
i
•
M
m
'
'
>
■
'
pay
without limitation as to rate
Issued pursuant to the
provisions of Chapter 455 of the
on,
or
amount.
Laws
the
of
New
purpose
judgment
York
of
of
1943
funding
indebtedness
for
certain
the
of
accordance with town. The bonds are authorized
provisions of the resolution.
The
resolution
also
covenants pursuant to the Village Law of
the State.
The proceeds of the
with respect to insurance on the
bonds are to be used for the pur¬
a
ing June 1, $5,000 in 1953 and
1954, $7,000 in 1955, $9,000 in
1956, $7,000 in 1957 and 1958
$8,000 in 1959, $11,000 in 1960
$12,000 in 1961, as 2M>s, $96,000 maturing $12,000 June 1
1962 to 1969, as 2s, and $183,
000 maturing June 1, $12,000
in 1970 to 1984, and $3,000 in
1985, as 1 %s«
levy of ad valorem taxes to
said bonds and interest there¬
Point, Vt., and the
City, the period of probable use¬
Rouses
Point
Bridge between
fulness of which i§ 10 years. The
Rouses Point, N. Y., and Alburg
City has a special charter. Chap¬
Vt. Said bonds are the general
ter 635 of the Laws of 1922, as
obligatiton of the Lake Cham- amended. The
approving opinion
piain Bridge Commission and are
of VandeWater, Sykes & Heckler,
secured by the combined-reven¬
of New York City, will- be fur¬
ues and tolls arising out of the
nished to the purchaser without
use
of said bridges remaining
cost. Enclose a certified check for
after economical and careful ad¬
$5,460, payable to the City.
ministration and aftei pi oviding
for
the
reasonable and proper
Rochester, N. Y.
expenses
of the operation and
Note Sale—The $868,000 special
maintenance thereof, and the res¬
local public works notes offered
olution authorizing the issuance
June
6—v;
161, p. 2496—were
of said bonds pledges such rev¬
awarded to the Chemical Bank &
enues and tolls.
Any rights or
Trust Co., and the Central Han¬
claims of the State of New York
over Bank & Trust Co., both of
or the State of Vermont are sub¬
New York, jointly, at 0.37% inter¬
ordinated to said^ pledge of said
est, at par plus a premium of $10.
revenues.
In addition, the bonds
Dated June 16, 1945 and due Feb.
are
secured by a mortgage or
15, 1946. Other bids: First Boston
deed of trust upon the bridge
known
as
the Lake Champlain Corp., 0.37%, plus $1 premium;
Bridge
between
Crown Point, Guaranty Trust Co., 0.38%, plus
$40; Bessemer Trust Co., Jersey
N. Y., and Chimney Point, Vt,, by
which said bridge and appurte¬ City,1 0.38%; plus $18; National
nant properties are conveyed in City Bank of New York, 0.40%.
trust to the Guaranty Trust Co.
Tarrytown, N. Y.
of New York, as Trustee. By the
Bond Offering — Catherine P.
resolution authorizing the issu¬
McCaul, Village Clerk, will -re¬
ance of said bonds, the Commis¬
sion
covenants to
operate ana ceive sealed bids until 1 P.M.
maintain
the
bridges in good (EWT), on June 13, for the pur¬
chase of $32,500 public improve¬
condition, to establish and levy
ment coupon or registered bonds,
such charges and tolls as may be
at
not
exceeding 6% interest.
necessary to insure at least sutfiDated July 1, 1945. Denomination
cient revenues after economical
and careful administration to P10~ $1,000, one for $500. Due July 1,
as follows:
$5,500 in 1946, $7,000
vide
for
the
reasonable and
in 1947 to 1949, and $6,000 in 1950.
proper expenses of operation and
Rate of interest to be in a multi¬
maintenance thereof and to moke
ple of V4 or one-tenth of 1% , and
provision for the payment of the
must be the same for all of the
interest
on
the bonds and the
bonds. Principal and interest (Jprincipal thereof at maturity, and
J) payable at the Tarrytown Na¬
further, to make payments into tional Bank & Trust Co., TarryChimney
1
the
15,000 refunding bonds as 2s. Due
June 1, as follows: $3,000 from
1964
application o
Hoffman, King oc
Dawson, of New York, whose ap¬
proving opinion will be furnished
to the successful bidder without
be
obtained
Messrs.
charge.
upon
Wood,
In the opinion
of bond
counsel for the Commission,
out the*consent
wit
of the States
-
ot
Vermont,♦ the in¬
terest on these bonds will be ex¬
empt from taxation by the Umtea
States under the Constitution
New York and
of paying the cost of various
improvements
in
the Village
having a period of probable use¬
fulness of 5 and 10 years.
The
Village has provided at least 5%
of the estimated cost by appro¬
priation
in
The Village
current budget,
authorized and re¬
the
is
quired by law to levy on all
able property of the Village
tax¬
such
and
$6,000 in 1967..
Commission.
Co.
&
of
ment
principal to be payable
1, 1949, the remainder of
principal payable annually, with
Jan.
each
pal
bonds
year
will
McDonald
and
ling, Secretary of Local Govern¬
ment
Commission, will receive
sealed
bids
leigh,
until
to
11
(EWT)
a.m.
on
purchase of $35,6% interest
playground
and
park
nomination
Ra¬
in
exceed
Dated
bonds.
office
his
at
12 for the
not
coupon
June
$1,000.
1, 1945. De¬
Due June 1
County (P. O. Rutherfordton), N. C.
refund¬
ing bonds offered June 5—v. 161,
2497—were awarded to First of
Michigan Corp., Detroit, as Bis
at 100.152, a basis of about 1.742%
p:
1965
to
able
as
rison of Cincinnati.
NORTH DAKOTA
Minot, N. Dak.
Bond
to principal; general
obli¬
(J-D) payable in New York City.
be ex¬
Rate or rates of interest to
pressed in multiples of V\ of 1%.
Delivery of bonds will be made
at place designated by the sue
cessful bidder. A certified check
$700, payable to order of the
State Treasurer, is required. Legal
for
opinion of Reed, Hoyt & Wash¬
burn of New York City will be
furnished the successful bidder.
Carteret County
(P. O. Beau-
;
Offering—W.
E.
Easter-
ing, Secretary of Local Govern¬
Commission, will receive
ment
sealed
bids
until
at
11
his office
in Ra-
(EWT)
on
June 12 for the purchase of $150,000
not to exceed 6%
interest
eigh,
coupon
.building bonds.
15, 1945. Denomina¬
Due $10,000 on June
school
Dated June
$1,000.
from 1946
tion
a.m.
to
1960
inclusive.
chaser will be
lich & Mitchell of
will
be
furnished
—
The
judgment funding
June
4—v.
161,
New York City
the successful
ferent rate of interest in
awarded
to
$41,000
1%
Allison-Williams Co.
Minneapolis, the only bidder, at
price of par. Dated May 1, 1945
and due on May 1 from 1946 to
of
a
1949 inclusive.
Rutland Township (P. O.
Forman), N. D.
Bonds Unsol d—The
$10,000
for sale
township bonds offered
recently were not sold.
OHIO
Anderson
Township School
District, Ohio
Sale—The issue of $350,-
Bond
bonds offered June 6
2386—was awarded to
Ryan,
Sutherland
& Co,
and
Stranahan, Harris & Co., jointly,
as iy4s, at a price of 101.07. Dated
June 1, 1945 and due semi-annu¬
ally on June 1 and Dec. 1 from
1946 to 1969 inclusive. Other bids,
000 building
v.
161,
p.
follows:
Rate Bid
Bidder
Braun, Bosworth &
Co.
and
Fahey, Clark & Co.,
jointly
100.64
Fox, Reusch & Co.,
William J. Mericka & Co.,
and
First of
Michigan Corp.,
100.45
jointly
Harris Trust & Sav.
Bank,
Weil, Roth & Irving Co.,
J. A.
White & Co.,
jointly
—
check
fied
the
100.27
C. F. Childs & Co.,
for
Lancaster
payable to
City School District,
Ohio
Sale—The
Bond
$17,000 school
May 31
bonds offered for sale on
161, p. 2497—were awarded
the Farmers & Citizens Bank,
—v.
to
of
Lancaster, as Is, at a price of
106.264, a basis of about 0.95%.
April 1, 1945. Denomina¬
tion $850.
These bonds are duo
$850 on April and Oct. 1, in 1946
to 1955. The next highest bidder
was the Provident Savings Bank
& Trust Co., Cincinnati, for iy2s,
at a price of 100.70.
Dated
Ohio
High
(State of)
'
Municipals
Ad¬
Price—J. A. White &
Grade
In
vance
Co.,
date
of
June
6
under
reported
Cincinnati,
as
follows:
Bids are stronger in the Ohio
municipal
market,
particularly
for high grade paper. Our index
of the yield for 20 Ohio bonds rose
slightly during the past week to
a
yield of 1.21%
today, from
1.22% a week ago. The index for
10 high grade bonds rose from a
yield of 1.03% a week ago to
1.02% today, while the yield on
10
lower
grade
bonds is
un¬
changed at 1.40%.
The
recent
weakness
in the
noticeable
bonds, with
between
our indices of yield for 10 high
grade Ohios and for
10 lower
grade Ohios • is now .38%, the
widest such spread has been since
market
in
the
far
was
lower
more
grade
the result that the spread
;f,
1943,
sale
The
today
(June
6)
of
$350,000 Anderson Township
School District, Hamilton County,
bonds due 1946-69 at 101.07 fol¬
ios,
of the
is a further demonstration
strength of the market for
high quality.
Ohios of
Municipal
Market
Report—
high grade Ohio munici¬
palities
held
about
unchanged
during the week ended May 31,
Bids for
while bids for lower grades were
lower, it was reported
by J, A. White & Co., Cincinnati.
The firm's index for 10 high grade
Ohios held unchanged at 1.03%,
while the index for the
lower
from
1.39%
the
previous
1.40%,
week.
The combined index showed a de¬
yield of 1.22% from
previous week.
May 31
sale of, $50,000
Zanesville, Ohio bonds, due May
1, 1947-1956, at virtually 101 for
Is would seem to show little or
no
reduction
in
bids for high
crease
Pohl & Co.,
to
a
1.21%
and
in
the
The
100.14
jointly
Brook Park, Ohio
Bond Call—The
$150,
grades declined to a yield of
Seasongood & Mayer,
Paine, Webber, Jackson
& Curtis,
multi¬
Village.
somewhat
and
a
ple of y4 of 1%. Enclose a certi¬
bonds offered
p.
2275—were
also for iy4s, were as
mont), N. C.
Bond
Sale
and
gations and payable from unlim¬
ited taxes. Principal and interest
15
due June
Second high bid of 100.18
for 2s was made by Breed & Har¬
1, 1966.
$1,000
inclusive
1964
au¬
1, 1945. Denomination
$225, One for $257.22. Due $257.22
May and $225 Nov. 1, 1946, and
$225 May and Nov. 1, 1947 to
1950. Bidders may bid for a dif¬
Bond Sale—The $52,000
Dated June 1, 1945 and
on
Dated June
of bid.
check for 2%
certified
a
*
from 1948 to
$2,000 from
1973 inclusive.
Register-
follows:
as
under
street
amounting
bonds
thority of Chapter 422 of the Pub¬
lic Laws of North Carolina, 1909,
and amendments thereto. Enclose
Blowing Rock, N. C.
Offering—W. E. Easter-
000
assessment,
Said
thereafter.
issued
be
June 16
special
improvement
to
$2,282,22.
(EWT)
noon
for the purchase of 3y>%
curtailment of 10% of the princi¬
Bond
June
bids until
& Co.
Moore
Registerable as to principal; gen¬
eral obligations and payable from
ad valorem taxes as may be neces¬
unlimited taxes. Principal and in¬
sary to pay the bonds and the in¬
terest
(J-D)
payable in New
terest thereon, without limitation
York City. Rate or rates of inter¬
as
to rate or amount.
The pur¬
Trumansburg, N. Y.
purchase of $12,000 5%
drainage bonds. The first install¬
dated June
1945.
Second high bid of par
for $40,000 6s, $95,000 l*/2s and
$255,000 2s, a net cost of 2.032%
was
made by a syndicate com¬
posed of Scott, Horner & Mason
Peoples
National
Bank,
Char¬
lottesville, J. M. Dain & Co., Kalman
&
Co.,
Crouse,
Bennett
Smith
June 19
on
noon
the
Rutherford
are
est to be expressed in multiples
furnished with the
of lk of 1%. Delivery of bonds
opinion of Reed, Hoyt & Wash-I will be made at place designated
the United States as now in force. burn of New York, that the bonds |
The bonds and the interest there¬ are valid and binding obligations by the successful bidder. A certi¬
fied check for $3,000, payable to
on
are
exempt from taxation i
of the Village. Enclose a certified
the State of Vermont.
Enclose check for $650, payable to the order of the State Treasurer, is
required. Legal opinion of Massa certified check for $25,000, pay¬
Village.'
able to the
for
1,
sinking fund in
pose
inclusive
1966
All of the bonds
the
properties of the Commission. A
copy of the proposed mortgage or
deed of trust, including the reso¬
lution authorizing the bonds, may
to
sealed bids until
following 2-5% |
outstanding 3%
refunding bonds, dated July 1,
Bond Sale —The $40,000 water bidder.
grade Ohios, the firm said.
sinking
fund refunding bonds,
1938, due July 1, 1968, have been
bonds offered for sale on May 31
Caswell*County (P. O. Yancey•
dated Jan. 1, 1939, maturing Jan.
called for payment on July 1, and
St. Marys, Ohio
—v.
161, p. 2497—were awarded
ville), N. C.
1, 1969, and the 2%% serial re¬
the bonds and unmatured interest
Bond Sale -*■ The $250,000 series
to the Marine Trust Co., of Buf¬
Bond Offering—W. E. Easterfunding bonds, dated Jan.1, i»o»
coupons will be redeemed at par
B, electric system extension, elec¬
and due on Jan. 1 from 1946 to falo, as 1.40s, at a price of 100.087, ling, Secretary of Local Govern¬ and accrued interest on presenta¬
Dated ment Commission, will receive tion to the Cleveland Trust Co.. tric light and power plant, and
1967 incl., are called for payment a basis of about 1.39%.
mortgage revenue bonds offered
on July
1 and the bonds, with June 1, 1945. Denomination $1,000. sealed bids at his office in Ra¬ Cleveland: Nos. 104, 156, 159, 169,
for sale on June 1—v. 161, p. 2050
appropriate coupons, should be These bonds are due $2,000 on leigh until 11 a.m. (EWT) on 171, 172, 174, 177, 225, 248, 287,
—were awarded to Halsey, Stuart
June 12 for the purchase of $24,presented for redemption at tne
294, 315, 325, 333, 335, 342, 344.
&
June 1, 1946 to 1965.
Co., as
iy4s, at a price of
The next 000 ndt to exceed 6% interest cou¬
National Shawmut Bank of Bos¬
361, 363, 378, 379, 411, 440 and 443.
100.8308, a basis of about 1.12%.
ton, paying agent, 40 Water St., highest bidder was Blair & Co., pon school building bonds. Dated
Dated March 1, 1945.
Cambridge, Ohio
Denomina¬
Boston.
Inc., for B2s, at a price of 100.14. June 1,1945. Denomination $1,000.
Ordinance Passed
An ordin¬ tion $1,000. These bonds are due
Due $2,000 on June 1 from 1946
Among other bidders were:
Long Bench, N. Y.
ance
providing for the issuance $10,000 on Jan. and July 15, in
to 1957 inclusive. Registerable as
Interest
Price
Bond
J.
of
Offering — Maurice
$70,000
2V4%,
semi-annual 1946 to 1957, and $10,000 on Jan.
to principal; general obligations
Bidder—
Rate
Bid
Fleischmann, City Clerk, will re¬ Newburger, Loeb & Co
1.60'i 100.60 and payable from unlimited taxes. sewer system bonds was passed 15, 1958. The next highest bidder
i was Ryan, Sutherland & Co., for
ceive sealed
100.33
bids until
11 a.m. Chas. E. Weigold & Co._^ 1.60
Geo. B. Gibbons & Co., Inc.
1.70
100.57 Principal and interest (J-D) pay- recently by the City Council.
(EWT) on June 11 for the purBond Call—The
—
i
i' J
.
..
IV* Vc
Bid
100.456
IV*
IV*
100.410
100.334
Rate
Bidder—
& Co
McDonald
Lahr, Doll
Van
(
& Isphor-
ding
Bosworth & Co.—
Braun,
Price
Interest
...
the
proved by J.
J. Fagin, of
Offering—C. F. Breining,
ders
may
of interest
due
are
Note
161, p. 2497 — were
awarded to the Peoples National
in
optional
payment date.
1954;
bid for a different rate
in a multiple of V4 of
9, Shaker Station,
Wewoka, Okla.
Cleveland), O.
bonds of
series 1939-2, Nos. 9 to 13, 19, 20,
Bond Call—Refunding
to
129
gating $17,000, have-been called
payment on June 30, at the
Village Treasurer's office.
Zanesville, Ohio
East Fork Irrigation
awarded to
election
Jackson
due
construc¬
No.
District
for
Prospect School
59 (P. O.
a
Is at par
Medford), Ore.
plus a premium of $456, equal to
Bond Call—Ralph E. Sweeney,
"100.912, a basis of about 0.851%. County Treasurer, calls for pay¬
Dated May 1, 1945. Denomination ment
on
June
15, the district
$1,000; These bonds are due $5,- bonds, numbered from 74 to 80.
000. on May 1, 1947 to 1956.
The
Holders are notified to present
&
of Chicago,
Co.,
as*
highest bidder was Halsey,
Co., for Is, at a price of
100.784.
Other bidders were as
next
Interest
Premium
1 '/«•-.
$392.00
y^y/v.
1
180.00
1
127.50
1
120.63
Rate
'
Bidder—
Halsey, Stuart & Co
Citizens
National
Bank,
Zanesville
—-—
Co., Inc.
Braun, Bosworth &
Fox, Reusch & Co
IV*
A. White & Co
-
Sutherland & Co.—
Btranahan, Harris & Co.,
Inc.
25,
272.00
51.85
the amount of
called.
OKLAHOMA
-
150,000 reservoir and water systerrt improvement bonds was au¬
thorized at the election on June
5.
.
'
•
Okla.
Geary School District,
Iv Bond Call—The City Treasurer
July 1, im¬
$20,000
transportation,
building
and equipment bonds at a price
of 100.0275, a net interest cost of
about 1.155%, as follows:
1948
$15,000 iy4s, due $3,000 from
inclusive.
1953 and
5,000 Is, due $3,000 in
$2,000 in 1954.
Second
a
and
$5,000 Is, a net cost of 1.159% was
made by
C. Edgar Honnold of
Oklahoma City.
Exchanged
Okla.
Edgar
of Oklahoma City, has
exchanged, at par, $26,000 water
works and city hall bonds for a
like
amount
of
5%
refunding
Honnold,
Dated
bonds.
bonds
These
as
follows:
Jan.
1,
1945.
De¬
$1,000
and
$500.
are
due on Jan. 1,
nominations
$1,500 in 1950 to 1965,
due
and
1945
1946
to
Second high
made
was
by
on June
inclusive.
$3,000
1955
15
bid of 100.28 for Is
Schmidt, Poole &
Pa.
$91,000 refund¬
161,
2276—were awarded to a group
composed of E. H. Rollins & Sons,
Philadelphia,
Singer, Deane
&
Scribner, Glover & MacGregor,
and George G. Applegate, all of
Pittsburgh, as 1V4S at 100.09, a
basis of about 1.22%. Dated June
and
1945
15,
1946
1951
to
due June
inclusive.
Pennsylvania
(Incorporated)
15
State
June
of
12,
declared
record
payable
at
the
30,
June
of
close
1945,
to
business
1945.
WM. B.
PETERS,
Secretary.
COMPANY
June 7,1945
The
Board of
Directors
has this (lay de¬
quarterly dividend of fifteen cents
per share dn the capital stock of this Company,
par $10., payable July 2, 1945, to stockholders
of record at the close of business June 13, t945.
clared
a
STEPHEN G. KENT
Secretary
Bond
000
of
on
(State
at
as
empting
four-mill
28,
May
Martin.
save
municipal loans from a
State tax was signed,
by Governor Edward
Philadelphia, which will
$730,000 annually as a result
bill, has sought enactment
of such
legislation for many years.
Office estimated
that the new exemption will re¬
sult in a $3,500,000 loss of revenue
to the State in the 1945-47 bien-
The State Budget
nium.
Governor Martin
a
-
earlier signed
companion measure,
exempting
and
City.
Dumas, Texas
Sale—The
semi-annual
bonds
$125,000 2%%
authorized at
the election held on Sept. 30
were
awarded
of
are
to
Dumas
last,
First
State
recently.
The
the
described
as
follows:
50,000
y
sewer
bonds.
plant
Sale—The
$75,000
semi¬
annual school house bonds offered
for sale on
Bond Election—An issue of
May 31—v. 161, p. 23-
follows: For
$15,000, maturing $1,^
to the voters at the
be submitted
election
to
J
held
be
during July.
VERMONT
Canaan School District,
Bond Sale
—
Vt.
The $94,000
offered
bonds
school
.
public
June
4—
2387—were awarded to
E. H. Rollins & Sons, Inc., Boston,
as lV2s, at 100.382, a basis of about
1.464%. Dated July 1, 1945 and
161,
v.
p.
due Jan. 1 from 1947 to 1965 inclu¬
Second
sive.
for
%s
high bid of 100.25
by Harriman
made
was
Ripley & Co., Inc.
'
WASHINGTON
County School District
Snohomish
(P. O. Everett), Wash.
No. 2
Bond
Offering
of
considered
An
—
construction
offered for sale in
be
future.
near
Planned
$600,000-
bonds will
the
These bonds are
part of a post-war
as
program.
VIRGINIA
WEST
;
Charleston, W. Va.
$330,000 bonds
Sale—The
Bond
water
and
bonds
sewer
Monahans, Texas
Bonds
hospital
mitted
tion
Defeated—The
construction
to
held
the
on
voters
March
$175,000
bonds
at
the
offered June
elec¬
13, failed to
5—v.
lV2s, at 102.30.
Clarksburg, W. Va.
sub¬
Defeated
Bonds
election
carry.
on
At
—
a
.
B?nd Sale—The $450,000
proposal to issue
bonds
in
build¬
bonds offered for sale recently
were awarded to
William N. Ed-
ation
&
Co., of Fort Worth,
V&s, and 2s. Dated May
1945.
as
1,
Legality approved by McCall, Parkhurst & Crowe, of Dal-
Parkersburg,
Sale—The
bonds
W. Va.
$39,500 hospi¬
authorized
recently
2388—have been
serially over a 20-year
161,
pr°-
municipal recre¬
project.
Bond
tal
$175,uuu
connection with a
posed $1,000,000
Texas
specia
voters re¬
May 15 the
jected
Community Consolidated
p.
13S.
'
sold. Due
period.
WYOMING
87—were awarded to E. J. Roe &
Co., and the Robert Mclntyre Co.
both of San Antonio, jointly, at
a
price of 100.689, a net interest
cost of about 2.43%, divided as
$!,«
000,000 water revenue bonds will
ing
Eagle Pass Independent School
District, Texas
Bond
follows:
School District,
construction
declared.
161, p. 2387—were sold
net interest cost of 3.3933%,
Seminole
$23,000 refunding bonds
52,000 street paving bonds
Co.
im¬
161, p. 2276—
with, $38,000 maturing May were awarded to Mellon Secur¬
1, $3,000 in 1946, $4,000 in ities Corp., Pittsburgh, as iy4s, at
1947 to 1950, $3,000 in 1951,
100.855, a basis of about 1.207%. j
$4,000 in 1952 to 1955, as 3s, Sale consisted of $150,000 Virginia
St. Bridge
and $42,000 maturing May 1,
bonds, due April 1,
$4,000 in 1956, $3,000 in 1957, 1947-1959; $150,000 park and play¬
$4,000 in 1958 to 1961, $5,000 ground, due April 1, 1947 to 1979 I
in 1962 to 1964, and
$4,000 in inclusive and $30,000 Summers St,
1965, as 3V2S.
vy.
improvement, due April 1, 194745,000 City Hall and Fire Station 1976. All dated April 1, 1945.
bonds, with $15,000 maturing Among other bids were: R. W.
May 1, $1,000 in 1946 to 1950, Pressprich & Co., Young, Moore «
$2,000 in 1951 to 1955, as 3s, Co. and Kanawha Valley Bank,
and $30,000
jointly,
1.30s,
at
maturing May 1, Charleston,
$2,000 in 1956, $3,000 in 1957 100.15; Equitable Securities Corp.
to 1964, and
$4,000 in 1965, and F. W. Craigie & Co., jointly,
as
3M>s, Int. M-N.
l%s, at 100.113; Halsey, Stuart &
Co., Inc. and Blair & Co., jointly,
water, Sykes & Galloway of New
Bond
bonds
an
par—v.
$80,000
in
1954. Interest A-O.
Legality
approved
by
VandeYork
$125,-
of
Houston, and the Columbian
Corp. of San Antonio,
at a
$16,000
bonds
of)
Approves
inclusive
1953
issues
sys¬
ing employment for hundreds of
returning servicemen, the Mayor
Securities
(P.O*SanAntonio),
to
Details—The
various
awarded to B. V. Christie &
and bridge refunding
purchased recently by
De,war, Robertson & Pancoast of
San Antonio, at par. Due April 10
as follows: $3,000 in 1947, $15,000
1948
Sale
Texas
will constitute
It
issue
was
from
of the
IRVING TRUST
A certified check for $450,
Kermit,
Texas
from
ef¬
Gibson, of Austin, .also the
printed bonds, will be furnished
by the district.
Sold—An issue of $109,-
Bonds
be
to
P.
Treasurer's office.
Bexar County
Second
Exemption
Municipal Loans — A bill ex¬
Governor
Racine,
been
follows:
1946, $25,000 in 1947
$30,000 in 1949 to 1952,
and $25,000 in 1953 to 1955. Bonds
maturing in 1951 to 1955 are op¬
tional on May 15, 1950. Principal
and interest (M-N) payable at the
bonds
p.
J. I. Case Company
holders
as
in
$15,000
Bank
has
15,
is
pro¬
portant post-war project, provid¬
payable to order of the district,
is required.
Legal opinion of J.
000 2% road
Johnstown,
bid of 100.089 for lV4s was
made by Harriman Ripley & Co.
and Newburger & Hano, jointly.
Wis., June 8. 1945.
A dividend of $1.75 per share upon the out¬
standing Preferred Stock of this Company has
beer,
declared
payable June
30, 1945. and a
dividend of 40c per share upon the outstanding
$25 par value Common Stock of this Company
May
on
and 1948,
Co.
high
NOTICES
DIVIDEND
$30,000 refund¬
ing' bonds offered June 5—v,
C.
—
mature
Chester, as Is, at 100.33, a basis of
about
0.932%.
Dated June 15,
Bond Sale—The
Bonds
1944, road
N. Burt %
Co. of Dallas, and Russ & Co., of
San Antonio, jointly—v. 161, p.
2498—were sold at par, and are
dated Dec. 15, 1944. These bonds
ing bonds offered June 4—v. 161,
p. 2159—were awarded to Dela¬
ware
County National Bank of
high bid of 100.005 for
combination of $15,000 iy4s
Hartshorne,
provide funds for redemption of
outstanding bonds as a part
of the refunding process at the
the
bonds awarded to C.
Eddystone, Pa.
from
$260,-
of
series
1%%
000
PENNSYLVANIA
Bond Sale—The
Details—The
Sale
Bend
called.
Piersol
Bond Co. of Oklahoma City, was
awarded on June 4 an issue of
to 1952
Texas
provement bonds, dated July 1,
1942, Nos. 51164 to 51290, in the
aggregate
principal amount of
$126,442.63.
Interest ceases on
date
(P. O. Andrews),
Andrews County
calls for payment on
bank
that
including construction of a
10,000,000-gallon storage re¬
servoir.
5-year optional bonds.
exchange
>i
said
enlarge the municipal water
new
to
the
con¬
ceeds of the issue will be used to
tem,
Specified by the successful bidder.
It is anticipated that delivery can
be effected before Aug.
1 next.
Successful bidder will be required
time
TEXAS
;
E.
J.
Sale—The
Bond
Little
group
% thereafter. De¬
agreement.
Mayor Harding
Peek,
at
a
L.
livery of the bonds must be made
60 days after date of the
Alternate bids will be con¬
bonds
to
Edward
and at 1
years
of
of
within
payable at place pre¬
ferred by the purchaser. Rate or
rates
(two) of interest must be
expressed in multiples of Vs of
1%.
Successful bid must be for
not less than par and accrued in¬
on
bonds
revenue
Co., Chicago.
provisions of the
(J-J)
delivery
Arranged— press
ally in 25 years and bear interest
at a rate of 2 V\ % for the first two
Capital National
1945. Denomina¬
tions $1,000 and $500.
Due July
15 as follows:
$1,000 from 1946
to 1960 incl. and $1,500 from 1961
to 1965 incl. Principal and inter¬
fected.
Portland, Ore.
issue of $1,-
Voted—An
purchased recently by C. H.
& Co., of Jackson.
»
Interest ceases on date
1942.
1,
Clerk,
Court
County
maturing on July 1, 1947, to
$7,000. Dated July
427.00
Bartlesville, Okla.,
Bonds
S. Smith,
has an¬
nounced that the $70,000 indus¬
trial plant building bonds were
Bonds Purchased—^J.
bonds, Nos. 19 to 24,
maturing on July 1, 1946 and No.
refunding
IV*
IV*
Seasongood & Mayer
Tennessee
July 1, water
calls for payment on
457.00
Savannah),
County (P. O.
Hardin
Powell, Mayor,
v
tract, the bonds will mature seri¬
15,
July
terest.
S13
Under the
purchase of $22,500 not to ex¬
ceed 5% interest refunding bonds.
Free
Monmouth, Ore.
1V4
-
bonds offered June
5—v. 161, p. 2498—was awarded
to Paine, Webber, Jackson & Cur¬
tis of Chicago, as Is, at 100.13, a
basis of about 0.97%.
000 refunding
ceases
&
the
sidered
Bond Call—C. C.
;
Assel, Kreimer & Co
Sale—The issue of $110,-
Bond
$1,000.
County Judge, will receive sealed
bids until 2 P.M. on June 19 for
Dated
as
on
Burton
Corp., Lincoln Ure & Co., both of
Salt Lake City, and John Nuveen
dated Nov.
Clairemont), Texas
Offering — E. V.
Sale
composed
County, Clairemont Common
School District No. 1 (P. O.,
est
TENNESSEE
81.00
609.00
\V*
1
Curtis
F.yan,
School
date called.
on
Paine, Webber, Jackson &
J.
Interest
cancellation.
for
DAKOTA
City Independent
District, S. Dak.
Rapid
Treasurer's
office
on
date
called, together
with June 15, 1945, interest cou¬
pons for payment, all subsequent
unmatured coupons to be attached
follows:
"
Bank & Trust
Co., Cincinnati.
County
the
at
same
Stuart &
$25,000 l%s and $10,000 IV2S,
1.638%
basis, was made by
SOUTH
water
1961
Kent
of about
Second high bid of 100.02
Provident Savings
inclusive
1955-1961 are op¬
after 10 years from date of
Principal and interest (M-
Bond
in
advices disclose the recent private
sale
of $1,000,000
Provo, Utah
15: $3,000
Denomination
S) payable at
Bank, Austin.
basis
cost
Net
incl.
1.631%.
County,
p.
100.108Tor $25,000 l%s,
June 1, 1948 to 1960, and $10,1J?2S, due June 1, 1961 to 1965
000
bonds.
tion
system
issue $270,000
to
2497 —were
Kirchofer & Arnold of
—
Raleigh, at
June 4 the voters rejected pro¬
posal
sale oil May 31—v.
were
District (P. O.
Bonds Defeated—At an
on
J
bonds offered for
161, p. 2275—
awarded to Arthur Tresch
works
5
offered
bonds
building
v.-161,
school
194r
Provo, Utah
Bonds maturing
issue.
to
15, $10,000 in 1956 and 19*57
Private
1954.
$4,000 from 1958 to
1944.
tional
1946
UTAH
inclusive; $2,000
1952 inclusive
25,000 2%s, due Nov.
from
1955 to 1957
Clinton),
in
n'
maturing
$11,000 in 1958 to 1960, and
000 in 1961 to 1965, as 13/4S.
to
All of the bonds are
Sale—The $35,000 coupon
Bond
June
inclusive.
Carolina
South
1949
$3,000 in 1953 and
and
15, -$7,000
15: $1,000,
Nov.
due
2s,
1945 to 1948
and
170%'
of
$82,000
follows:
from
„
County (P. O.
Sampson
River), Ore.
Hood
$50,000 water
Sale —The
Bond
5:
June
on
'
as
$18,000
15,
June
for
cisco,
For
in 1949 to 1951, $9,000
1952 to 1954, $10,000 in 1955
ll^s, and $118,000 maturing'
of $43,000
court
house and jail refunding
bonds was sold recently to the
Robert Mclntyre Co. of San Fran¬
SOUTH CAROLINA
OREGON
198, aggre¬
133, and
held
premium.
$205,000 water system, and $45,000 sewer "System bonds.
of 1939-4,
and
21-4,
21-3,
21-1,
Nos.
election
the
at
—
cost
$8,000
Bonds Sold—An issue
to First National Bank of
at 0.38% discount.
Dated
check for
Bond Election Held —The fol¬
$500, payable to the City.;
lowing bonds amounting to $250,Warrcnsville Heights (P. O. Route 000, were submitted to the voters
Enclose a certified
1%.
Sale
follows:
price of 100 019
a
interest
net
a
T exas
Boston,
June 6,
interest
1945 and due Nov. 23, 1945. First
Boston Corp., only other bidder,
named a rate of 0.39%, plus $2
any
on
I.
vy
The $300,000 tax
Cranston, R.
anticipation notes offered June 5
—v.
161, p. 2498—were awarded
of Kingfisher. Due $7,000
1948 to
1953, and $8,000 in
Bank,
on
'
tonio, jointly, at
Sherwood),
O.
(P.
County
the
City Natinn.i
Co., of Kansas City
and E. J. Roe & Co., of San
An¬
June
Irion
to
Bank & Trust
$60,000 maturing on June
15, $2,000 in 1961 to 1965, $3,000
in 1966 to 1970, and $7,000 in 1971
to 1975, as 21/2s.
Dated June 15,
1945.
Denomination $1,000.
2s, and
ISLAND
RHODE
awarded
15, 1946 to 1960, as
000, on June
Y
/
1 —V.
June
Feb. 1,
as follows: $4,000 in 1947 to 1954,
and $5,000 in 1955 and 1956. Bid¬
bonds
other purposes.
sale on
for
offered
bonds
light
$1,000.
Denomination
1945.
1,
The
Bond Sale—The
18 for
the purchase of $42,000 3%*• me¬
morial park bonds.
Dated Aug.
These
countv personal property tax.
$730,000 a year saved by
Philadelphia will be available for
any
Kingfisher, Okla.
$50,000 electric ;■
sealed
City Treasurer, will receive
bids until noon on June
in
erty
municipal issues, from
same
While the city was
all the taxable prop¬ not obliged to do so, it had al¬
City. Legality ap¬ ways assumed the State tax on its
Barry King and Geo. loans to make them more accept¬
Oklahoma City.
1 able to bondholders.
against
taxes
Sandusky, Ohio
Bond
the
$2,000 in 1966. Principal and
interest (J-J) payable at the fis¬
cal agency of the State in New
York City.
Said bonds are pay¬
able from unlimited ad valorem
and
Among
iy4s, at a price of 100.564.
the other bidders were:
Monday, June 11, 1945
CHRONICLE
& FINANCIAL
THE COMMERCIAL
2604
Uvalde Independent School
4
District, Texas
161,
p.
2500
Lusk,
To
Bond Sale—The
$200,000 school
house bonds offered for
sale on
June 5 —v.
—were
Wyo.
Redeem Bonds —
Council
has
to
voted
$20,000 4% water
funding bonds/ -
The uty
retire
and sewer
■
'
@FedFRASER