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MNf
•us.
MONDAY
JUN 12 1944
\al and.
ommetciai
Chronicle
Reg. U. S. Pat. Office
Volume 159
New
Number 4289
General
RAILROAD
Adams Express Co.—Changes
I
The
stockholders
value
the
of
'value;
all
without
shares
from
value
par
$1
par
to
stock, and
extending the period for which the company shall continue
from July 1, 1948, to July 1, 1^98.—V. 159, p. 2073.
'
Wm.
dar
of
Co.
complete
a
issue
can
"We
the
as
compared
force
was
"The
the
the
,
force
>
.
Stock and Bond Quotations
as
total
New York Stock
able
in
assets
the
for
increase
to
Baltimore
Boston
year.
mortgage
our
loan account
"On
the
Dec.
1943
year
had
31,
1942,
sold
we
foreclosures,
no
property,
owned
we
properties,
seven
and
Dec.
on
in
Washington,
considerably
less
satisfactory
is
the
Of
return.
District of Columbia,
is
carried
on
books
our
other
and two in Ohio.
The
2443
for
St. Louis
most
a
Montreal
the.
in
net
yield
159,
Toronto
Stock
Oxygen Co, of Canada, Ltd., of Montreal
subsidiary, announces the acquisition
.
medical
gas
Cheney
Chemicals,
and
Ltd.,
Toronto,
and
Toronto,
Ont.,
•
H.
Van Dusen
and
H.
J.
Colwill.
Oxygen
carried
Ohio
Co.
of
in
on
Ltd.,
Canada,
the
Chemical
&
United
Mfg.
Co.—V. 159,
p.
Corp.
(& Subs.)—Earnings—
3 Months Ended March 31—
«
Operating
Expenses
of
operation
-820,396
Maintenance
-
and
General
miscellaneous
and
Provision
for U,
Provision
taxes
Provision
Loss
income
excess
Transactions New York Curb Exchange
199,819
265,883
Stock and Bond Averages
95,500
167,000
tax....
profits taxj;.
attd
Auction
243,250
221,121
150,883
1,368
amortization...
"
exchahge.-J^i'...
the
thereof,
,will
a
*
18,486,900
.
$40,689,425
redeemable
the
under
prior
or
deducted
in. the
to
in
the
at
be
delivered
which
under
issuance
arriving
table.
above
will
but
indenture
the
of
the
figure
for
can¬
they
were
These
notes.
$18,036,000
of
securing
or
such
funds
bonds
irrevocable
issue
sufficient
instructions
for
to
the
such
redemp-
trustees
to
redemption.
be
to
Outstanding
the
upon
Issuance
of
the
Notes
Authorized Oustand'g
notes, due April 15, 1954_ $30,000,000 $30,000,000
Notes evidencing bank loan, due June 1, 1949__
9,000,000
9,000,000
Prior pfd.
conv.
stock, $2.50 cum. (no par)
(shares)
150,000
111,145
Cumul.
5%% pfd. stock, series A (par $100)
2431
2454
.
interest,
1944,
be
not
of
and
such
Capitalization
3'/4%
.2431
Sales
will
been
indentures
tion
..2454
300,067
30,
trustee
time
amount
complete
Banks of
...
274,949
;
depreciation
foreign
on
Federal
_
for
Member
*
expenses....,
for U. S. Federal
Other
S.
of
System-
accrued
simultaneously with the sale and delivery
of tft# notes, arrange to call for redemption all the outstanding bonds
above mentioned, deposit in trust with the respective trustees under
Transactions N. Y. Stock Exchange___.___.2431
665,199
"
Reserve
require
Alleghany will, prior to
of Federal
-
repairs.
principal
—2454
....
Statement
the
—2454
Statement
Federal
$2,045,246
$2,401,076
—±
.-—i...
1943
*
and
have
Condition
the
within
$22,202,525
to April
the
to
bonds
Condition
1944
revenues
loan
cellation
Reserve Banks
All America
bank
a
at
Combined
of
—
issued
Foreign Exchange Rates...
2297.
in
Alleghany purchased $1,101,000 of Its
April 1, 1950, ac a cost of $1,098,235.
These bonds are
held by Manufacturers Trust Co., New York, N. Y., as collateral under
The Course of Bank Clearings..———_2448
complements In Canada the business
by Air Reduction's subsidiary, The
States
is
due
State and City Bond Offerings and Sales...2460
companies have for many
years served the hospital field and the medical and dental professions
throughout the Dominion of Canada.
exclusive
interest/ will
'Subsequent
Redemption Calls & Sinking Fund Notices.2449
Dividends Declared and Payable
....2449
These
investment
i
Total
Miscellaneous Features
the
F.
which,
General Corporation and Investment News.2409
Canada.
The, business of both companies in Toronto will be carried on under
direction of Hugh D. Cameron, Manager, with the assistance of
,
crued
wholly-
a
largest
principal amount of 20-year collateral trust
convertible 5% bopds, due April 1, 1950 (redeemable at
102 Mi %
and accrued interest) which, exclusive of ac¬
bonds
on June 1,-1944. of the
and assets pertaining thereto, of
business,
apparatus
Alleghany's
*"$18,036,000
:—2447
.....
securities.
require
,
Inc.—Subsidiary Expands—
owned
,
Markets
Jan. 26, 1929, in Maryland.
in the investment of its
on
engaged
20-year collateral trust, convertible 5% bonds,
1, 1949 (redeemable at 102y2%
and accrued
June
interest)
Exchange—Curb Section—2446
Over-the-Counter
Air Reduction Co.,
due
.—.2444
Exchange
has
Alleghany
redemption of all of the outstanding bonds of Alleghany
days from the date of issuance of the notes, as follows:
$21,661,000
.....2446
Stock Exchange
Toronto Stock
2073.
p.
60
Montreal Curb Exchange...i.._____._.i....^.2446
^on the total real estate holdings of the company last year was 6.31%.
'The company will continue the same dividend scale this year as
last,"—V.
the
2443
...——.2444
...——...2444
—.2444
Stock Exchange
organized
Alleghany
securities.
miscellaneous
2443
Philadelphia Stock Exchange
Pittsburgh Stock Exchange
in
was
of the Act applicable to companies of this type.
Alleghany's investments now consist of securities of The Chesapeake
Ohio
Ry., Terminal Shares, Inc. (a wholly-owned subsidiary of
Alleghany), The Pittston Co., and Missouri Pacific RR., and other
2442
Exchange..—
amount
periods.
&
Los Angeles Stock Exchange...—
office
an
for. and is yielding
four properties,
one
is
in Florida,
one
During
$144,984.
We
to
Exchange—
Stock
1954.
service
visions
2442
_
down to par during the 12
The notes also are redeemable
fund , at prices ranging from
down to par during the above1945,
15,
15,
the
is registered under the Investment
Company Act of 1940 as a non-diversified, management investment
company of the closed-end type and is subject to the regulatory pro¬
—2441
Exchange—_—
Cleveland
$869,750.
amounting
Stock
April
operation of
the
principal
organization
funds
April
period ending
period ending
of
Since
2436
Detroit Stock Exchange
last, we had only five pieces of
31,
C., which
appraised
D.
it
than
for
One of these properties is
amounting to $724,766.
building
properties
12
months'
Business—Corporation
.....2441
Exchange.....
Cincinnati Stock
We had over 10,000 mortgage loans on our books on
last, and only nine of these were in default 30 days or more
principal or interest.
31,
to
as
Stock
in
time prior to maturity upon at least 30 days' notice at
from
104.65%
of the principal amount during the
102.65%
*.2432
Chicago Stock Exchange——.
during
year;
Dec.
Exchange (Bonds)
are
any
the
..2421
New York Curb Exchange.—
last, had $24,352,975 of Government
the year $13,873,098, which was more
31,
during
increase
also
were
Dec.
on
Stock Exchange (Stocks).
all moneys received from
the notes shall be applied
behind
redemption of the outstanding notes.
redeemable at the corporation's option in whole or
or
ranging
mentioned
New York
$9,895,682.
bought
notes
at
through
-
.
of Chesapeake & Ohio
the last business day
date if the notes are called
including
and
pledged
any" collateral
purchase
prices
$67,111,602,
1943 was
in 1942, and the gain in insurance in
as compared With $21,869,138 in
1942.
31. last, were $119,178,275, an increase during
Dec.
the
12
$44,481,955
company
having
"We
the
of
of 'insurance) in
$514,372,294
1942.
time until
any
redemption.
also provides that any and
of
months'
for during the year
at
indenture
sale
part
Issue
and
amounts,
31,
Dec.
paid
$46,369,158,
of
year
"The
than
with
assets
bonds,
at
insurance
new
with
year
against $408,003,136
"The
unlimited
in
insurance
closed
taxes.
payment of
the
for
stock
earlier
for
The
This
/n
-
and is to be applied to the
fund
service
a
preceding the due date or the redemption
to
now
as
Each $1,000 note is convertible into 20 shares
common
the calen¬
and representatives in over 100 cities.
We
line of policies to cover every individual need,
trustee
the
contingencies
The
•'
rhave
extent
the
the land,
by
interest on the notes or to their retirement except to the
Alleghany is permitted to withdraw certain amounts in certain
payment of
Offering—
'v' ;
,
in part:
\\
is now operating in 3d States, has 59 branch offices
company
throughout
'•
America,.— Secondary
1943,' said,
year
"This
J
President, in reviewing operations for
Montgomery,
Aluminum
Mellon'Securities Corp. offered as a secondary distribu¬
tion and quickly sold June 7 10,166 shares of 6% pre¬
ferred stock' (par $100). The offering was priced at $112
a share.—V.
159, p. 1965,
Co.,,Washington, D. C.—
Acacia Mutual Life Insurance
Year 1943 Reviewed— '
Copy
a
MISCELLANEOUS
-
ceived
the
5%, preferred
the
to
INSURANCE
-
':
changing
par
respect
with
provisions
INDUSTRIAL
PUBLIC UTILITY
-
proposals
Cents
60
Corporation and Investment News
Par, Etc.—
approved
6
stock
common
eliminate
to
June
on
Price
York, N. Y., Monday, June 12, 1944
secured
conv.
(shares)
which
164,437
April
on
total
Crl7,152
'1,195,000
stock, of
common
165,536
the
30,
determined
667,539
Chesapeake
1944,
value
of
& Ohio, the determined value of
constituted approximately 56.03% of the
Alleghany's (assets.
'
1
'
»
Net
income
from
Non-operating
Net
income
Interest
Net
—V.
on
income
*
*
i
—
(net>,
before interest
1
'
■
.
'
.
$393,790
'
■
K
Purpose—Net
$334,276
22,182
*
American Airlines, Inc.^—Route
-4,779
—
long-term debt
"
$415,972
.
.
39,822
$339,055
<
.
•_
corporation, it was announced on June 5, has
Vice-President of American Airlines, Inc.,
President
$376,150
„
$299,233
than
to
of
of
program
__L_
1441,
p.
Development Planned
placed Hollis
who is also
Thompson,
39,822
.
interest) to be received
estimated at $29,835,250
will be Used together with
other funds of Alleghany amounting to approximately $10,854,175. for
Common stock (par $1) (shares)—.
12,350,000
4,522,597
by
The
on
long-term debt of All America Corp.
income
159.
I
operations:
American
route
development,
5,000 route miles
its
Airlines
international
to
its
de
Mexico,
which calls
charge
in
for the
of
its
after
more
and 3,630 miles
The
possible
order.
position
to
mechanical
arrange
companies
However, they
as possible.
in
always
are
serve
it
reasons
is
exact
as
near
not
always
alphabetical
alphabetical
formidable
Ottawa
is
also
mittee
and
of
cities
Bank
route
development involves applications to
throughout 22 States, as well as
and London, England.
Mr. Thompson
scattered
Montreal, Canada,
the company representative on the
which is handling foreign policy.—V.
Seventeen
159,
p.
Airlines
Com¬
2185.
New
Loan
York,
A
dividend
stock,
25
payable June
year were
p.
of
as
follows:
cents
20
per
share
to holders
25-Cent Dividend—
has
of
been
declared
on
the
capital
record
June 30, 15 cents;
June 10.
Payments last
and Dec. 29, 25 cents.—V. 158,
2245.
Corp.—$30,000,000 Convertible Notes Of¬
underwriting group headed by Dillon, Read
& Co. and Hemphill,
Noyes & Co. made a public offer¬
ing June 7 of $30,000,00Q 3y±% secured convertible notes,
due April 15, 1954, priced at 102.15%. The issue has been
fered—An
sufficient
Corp.—$173,000 of Debentures Called—
The
notes
common
The
corporation has called for redemption on Aug. 1, next, $173,000
debentures due Aug, 1,1951, at 101 and
accrued interest.
Payment will be made at the Bankers Trust Co.,
principal amount of its 4'/2%
trustee, 16 Wall St.,
New
York, N.
Y.—V.
159,
p.
2297.
pledged
All
stock
are
stock
as
cash
and
secured
of
by a first lien on 1,100,000 shares of the
Chesapeake & Ohio Ry. owned by Alleghany and
collateral
under
dividends paid
any
other
the
on
income
Bids
FLORIDA & NEW JERSEY
For Brokers,
Established
30 BROAD STREET
Telephone-.
HAnover,2-2600
the
Chesapeake & Ohio
pledged
securities
is
common
to
be
-
*
the
for
redemption
bonds due June 1,
will
be
they
will
entered
indebtedness
into
represented
of
Alleghany's
1949, and April 1,
enter into a loan
the
for
by
purpose
collateral
1950,
of
the rediscount
less than
which
face
is
rate
of
the
Federal
the rate
of
1%
per
secured
value,
and
by cash
(2)
at
re¬
The
cash
loan
and
will
U.
S.
and
the
be
initially
Government
U.
rate
Reserve
annum,
S.
of
Bank
3%
of
New
York,
that portion of
on
Government
45
NY
1-573
TfV.vtnr
NASSAU
Security Dealers Association
9-QK00
STREET,
NEW
YORK
Philadelphia Telephone
Enterprise 6915
a
per
obligations
annum
on
the
but
the loan
taken
at
balance
secured by approximately $4,930,000 in
obligations, and securities of the deter-
corporations
sometimes
us
a
and
individuals
ready market place
otherwise
unmarketable,
Inquiries invited
HILL, THOMPSON & CO., INC.
"
Telephone
The
refinancing
certain
INCORPORATED
NEW YORK 4, N. Y.
trust
and certain
agreement.
for large or small blocks of securities
Dealers, Institutions, Corporations
Members New York
Co.,
promissory notes in the
unpaid principal amount of $9,000,000, all of which notes are nowheld by Manufacturers.
The loan will be evidenced by Alleghany's
promissory note in the principal amount of $9,000,000, will mature
June 1, 1949, and will bear fixed interest payablesemi-annually, (1)
have found
Kobbe, Gearliart & Company
1922
Bell Teletype:
5%
Banks,
Offerings
DEPARTMENT
qAllen&Co.
!
from
Trust
of the loan.
Unlisted Securities
Municipal Romls
a.
the pledged
Manufacturers
and
FIRM
SPECIALIST IN
MUNICIPAL
indenture.
notes,
entered
funds
agreement
not
Stores
accrued
the
expenses,
that,
transactions,
present
at
oversubscribed.
Allied
of
Agreement—Alleghany
have
providing
related
Alles & Fisher, Inc.—To Pay
(excluding
sale
estimated
into an interim agreement, dated June 2,
subject to and simultaneously with the sale and
delivery of the notes, the completion of arrangements and deposit of
1944,
convertible
Alleghany
of
1,500,000 shares of preferred stock authorized, of which
shades have been classified as cumulative 5Ys%
preferred
1.195,000
routes.
task
additional
50
deduction
the
stock, series A.
-
NOTE—For
proceeds
from
'There "are
entire
addition of
present domestic system
Allekhany
5
Bell
New
Teletype
York
1-576
120 Broadway, New
York 5, N. Y,
*
•
mined
value
securities
of the
stock
of
other
.
of
as
than
the
and
30, 1944, of approximately $17,668,852.
The-,
the agreement will comprise substantially all
April
under
pledged
Alleghany other than the shares of common
& Ohio pledged under the indenture and
Terminal Shares, Inc.,
five-year 5Va7r secured gold
the
Underwriting—The
the underwriters and the principal
severally agreed .to purchase are as
of
names
has
each
which
thereof
amounts
follows:
'
& Co
Redpath
J.
Watts & Co.__
Baker. Weeks & Harden
Ball. Burge & Co.—
Bear, Stearns & Co
A. G. Becker & Co., Inc.
Blair
&
Co.
McDonald
Co.—_
100,000
Sons—
325,000
The
325,000
250,000
F.
100,000
Newhard,
& Co.—
Dodge
&
Courts
Co.—
Lynch
100,000
The
Ohio
750,000
Otis
&
400,000
Paine.
Emerson
&
_
L.
H,
Co.Co.,
Corp.
Estabrook &
Reynolds & Co,__—
100,000
Riter -&
Inc.-
& Co.
Graham, Parsons
&
Hallgarten
Co.—
Hawley,
Shepard. & Co.
Miller & Co.—
Haydcn,
Hayden,
Stone
&
Henry Herrman & Co._
Hill Richards & Co.—
Hutton
E.
&
Co.
—V.
It
150.000
for
.Securities
Co.
H.
G.
Dean
1
revenues
of
Expenses
operation
repairs
? 1944
Provision
for
U.
Frovision
for
U.
Other
taxes
Provision
Loss
on
income before
interest
—V.
visual
installation
V.
Cr 7,000
$479,730
i
$971,088
$489,181
79,898
New
v'
.
*'
..
.
on
2074.
Federal
The
4V2%
of
directors
share
the
on
prior preference
declared
have,
payable
stock,
5614
of
dividend
initial
an
preference
new
July
cents
^July 5.—V. 159, p. 1546.
Other
purchased
for
?esale
on
ization
plan.
jncome
Gross
stock
common
outstanding
shares
which
will
each
of
$1,000
new
<
that
be
stock
common
for
common
by company
...
provides
exchanged
the
on
for
amendment
would
stockholders
shares of
&
Power
receive
stock
This
distributed
the
on
record
have
would
and
on
Dec.
16.
24,
Net
amount
57c
of
.
of
under
sotck
common
new
no
none
159,
a
value,
of
25
dividend
of
20
payable. Jupe
cents
since.—V.
each
159,
p.
Taxes
Net
fund
par).
15-year sinking
capital stock (no
underwriter.
of
Proceeds
from
pay a $3,000,000
of
finanicng
V.
159.
P.
"*
the
sale of
acquisition
cents
28
were
to
made
2186.
sh^re
per
holders of
on
Aprli 5
- •
-'
••
debentures,
due
1969, and 68.450
Hornblower & Weeks is the prin¬
debentures
and
stock
will
be
of
control
of-United
States
used
to
purpose
Ga"ge
Co.—
1754.
r
,
the
U.
company
S.
Circuit
Court
of
'<•' '
.
to
seek
Appeals'
a
U.
S.
decision
1943
Supreme Court
■
Co.
—-
affirming the
1941
$4,000,671
2,320,956
$2,491,044
1,820,350
ry.
$2,192,096
$1,679,716
$670,694
1,367,016
841,777
269,201
$825,080
$837,939
$401,493
oper
income_____.
150,873
59,672
158,170
139,684
$467,749
$612,244
20,435
$202,137
31,193
$498,941
operating income.
67,525
206,459
::
income
$632,680
$226,451
of
Income
(Company
March'31—
available
Income
Interest
24,314
bal.
provision
in
.Midland
interest-
2,959,707
tLoss.
held
the
of
Ry.
est
at
interest
Accrued
Other
stock
Securities
tion
of
the
570,958
1,
thereon
of
67o
thereon
Electric
Co.
Co.
all of
also
aggregating
;
-
1932
aggregating
1,
p.
720,472
.
—
year
earned);
-
to
acquire
3,687,538
———'i.1— r_.
3,328~579
5,362
369,892
328,250
2,650,829
2,410,051
$10,677,899
$9,287,583
1944
common
1943
$518,853
—
$320,365
share
$1.20
;
income
433,124
433,124 ;/
———
Federal
estimated
taxes
and
preferred
$0.74
dividends,
shares.
as
the
on
concluded
"have
all
is
report,
business
necessary.
"Currently our manufacturing plants aie running full capacity with
many extra shifts as available labor makes possible.
All our plaiita
full
booked
are
for
several
months."—V.
Axton-Fisher Tobacco
-
directors
The
An
1
to
j
<
Elmore
discussion with
our
renegotiable
our
effort
will
provide
on
be
27
May
made
work for its
159,
p.
731.
Co.—Liquidation Voted—
voted
to dispose
to
liquidate the
\
company's assets.
of the company as a going concern
1,500 employees.
Company recently called for
redemption, on July 1, its 13,153 shares
preferred stock at $105 a share, plus $1.50 accrued dividends.
This
will leave outstanding only 142,480 shares of class B common stook,
of
in
the
a
,
-
shs.
shs.
shs.
shs.
from Ohio-Midland
shares'of com¬
.
first
who
four
recommended
months
of
1944
and Vice-President of
stated that operations
liquidation/
resulted in
a
loss of $224,819.
For
eqital to 44 cents
i 1
"Current market prices for tobacco are on an average more than 2%
times what they were in 1939 and 1940," Mr.'Tapp said.
"It'seems
clear that with production costs rising,
and selling prices for our
manufactured products fixed, the company cannot conduct its opera¬
tions at a reasonable profit." '
'V
'
The
company, has 30,500,000
pounds of tobacco on hand, almost
entirely cigarette stock.
Cash is stated at $1,433,964 and accounts
receivable $665,667.
"
'
'
In a notice to employees, Mr. Tapp said: • "If dissolution is decided
1943
;
1
owned by Transamerica Corp.
W.
Tapp, President of Axton-Fisher
Transamerica.
for a total cash considera-
'
"■'
31—
—
I. MacPhie, President, said:
the Price Adjustment Board
through our 1942 and 1942 ! fiscal
years'and we are happy to advise you that the Board found that
no
excessive profits existed and therefore no repayment to the Gov¬
-
when
109,724
liabilities———
commenting
In
on
the latter's holdings of,580
2186.
2,667
1,315,000
—
-
443,124
Jesse
$844,000
4,220
355,000
'!
7,100
——
aggregating-;—
of Atlantic Utility Service Corp.,
159,
2,667
profit
outstanding
mostly
proposes
3,969
3,031
accrued
liability---.—
tax
After
•
<
26,963
6,246
payable.
and
gold
$2,463,600
52,051
payable-
wages
1
v.
per
and
unpaid
current
ernment
6
$9,287,583
159, p. 2298.
ton
wholly-owned subsidiary,
1st. mtge.,
34,080
374,468
14,989
fEarnings per
•
;
on
Co.
257
4,869;
137,317
690,166
:
—
accounts
Shares
the ; proposed sale by Asso¬
phio-
12
1943
323,831
391,678
—
Atlas Plywood Corp.—Earnings—
6,500
203,829
19,917'
its
invited
112,494'
65,851
$2463,600
9 Mos. Ended March
$57,766 - t$252,975
.
54,545
46,583
receivable———
Total
9,893
;
*
conductors—.
Appropriated surplus
Profit and loss balance—
207,613
4,642
of
stock
thereon
rate
interest
$1.—V.
227,410
870,000
-
w-
and
$10,677,899
Unadjusted credits
Unearned surplus
$3,272,0,33
199,164
June
on
due March
interest
Power
mon
$7,589,539
•
rents
Unmatured
-V.
—
Associated
1942
$7,732,848
.
1943
443,991
.2,225
$6.50' series first pfd. stock (par $100)— __-■
1,000
$5 series preferred stock
(no par)„__,
■
1,975.46%
Class A stock (no par)
3,774.16%
Common-stock
(no par)
!
"* ,
1,640
Accrued
81
Dec.
equipment, etc.-.
—
matured
Dividends
Federal income or excess profits taxes
'
"
Power
&
due June
gold notes,
Accrued
Sheet,
:
accounts
only)
22,021
■
—-
for
.
hearings
Co.
Valley
Accrued
6%
62
$220,167
:
debits
stock
consist of the following:
bonds,
33
$626,907
assets
Audited
$743,290
—_
:
and
Capital
received bids which were
opened on April. 15, 1944, now.proposes to sell to the group submitting
the highest bid, namely South Central Rural Electric Cooperative, Iqc.,
Union Rural Electric Cooperative; Inc., and Inter-County Rural Electric
Cooperative, Inc., non-affiliates, for the base price Of $2,115,000,-in
cash, subject to adjustments, all of Associated Electric Co.'s interest
in
its
subsidiary.
As at Dec.
31, 1943,
the outstanding securities
and indebtedness of Ohio-Midland Light & Power Co., which are .to
sold,
Balance
supplies-.—
dividends receivable
Miscellaneous
3,307,502
.
and
Liabilities-—
3,077,257
.Light & Power Co.
having publicly
Scioto
road,
accounts
Total
2,453,236
Sale of Ohio-Midland Stock—
SEC
70
$492,984
—....
cash investments
from agents
Unadjusted
$3,054,527
necessary
periods.
Electric
___■
receiv.
Deferred
$6,504,027'
1,597,915
—..
-
$220,2?3
.
$3,017,473
on
,
1943
Temporary
■
;—i2,749,315
;.11,940
discount & expense
176,431
debt
.
738,587
"571,943
long-term debt
of
6,222
5,740
$626,940
debt____
—
-
General
"We
The
:
chgs..
Assets—
136,505
r-—
taxes—
income
ciated
fxd.
for
unfunded
on
income
Investments
1,231,271
1944
$3,221,279
—
for
on
5,887
$493,054
Miscellaneous deductions J——.
1,313,950
I."iu«
$5,894,787
'
,
:
income
of
review
1942
$5,278,915
—
income
Total
$6,367,522
y
expenses
assumed
Light-&
has decided
-
; 3,086,819
revenues
operating
Net railway
Other
1,813,961
.
American Power & Light Co.—To Take SEC Decree to
$1.80
Equipment rents, net £>r,_—
Joint facility rents, net
Open account indebtedness (bearing interthe
Supreme Court—
The
'
*'
Associated,
temporary bank loan made last March for the
the
■
—;
—
Income:"
interest—
■'No
Company-has filed with the Securities and Exchange-Commission a
registration
statement
covering
the proposed issuance and sale of
shares
from
Railway
Interest
$1,337,164
\
,
Electric
Amortization
be
$2,000,000
'
income
Gross
Other
of
2185.
p.
1943
$901,158
429,357
$1.83
share__„_____
common
operating
rev.
*Net
for the
Corp.—Smaller Dividend—
declared
par
Net
.
stock.—V.
common
1944
$810,596
412,448
2187.
p.
Material
$5,768,408
;
—___
—
income
the
by Community and the net pro¬
stockholders of Community, although
right to receive distribution in kind in
the
June -6
year;
of American,
American Machine & Metals, Inc.—Registers With SEC
cipal
!.
Statement
sold
be
Distributions
last
presently
to the
new
stock,
common
June
principal
parent
shares
17,125
would
rata
pro
American's
directors
$1,000
Co.,
American International
The
and
„
Gas
Community
ceeds
debentures
new
/^y:
taxes_l
Calendar Years—
Net
1*599,992
1,562,540
companies
Associated
Interest
of
'
outstanding
Railway operating expenses
1
1,400,560
—
.
from
Subsidiary
share of new common for each share
of common" stock.
American.
for
shares
issue
following bases:
64 shares of new
amount of 6% secured debentures;
each
secured debentures; one-half of a
The
-1
will
total,
$1,126,4691
Atlanta and West Point RR.—Annual Report—
'
hearing
a
;
American
principal
common
fixed
.■
income
Deductions
General
for
to its voluntary'reorgan¬
Commission, has
Exchange
-
<
amendment
The
60
and
158,
Railway
'the week
126,378
income
J
Total
amendment filed
an
•
Inc.—Output—
1,933,309
—
of fxd. cap._
(deprec.)
,
'
■^Provision
Securities
;
" ''
-taxes—1---^*.'—-——^—^
income
taxes
per
American Gas & Power Co.—Amends Plan—
li
per
;
1944 " ' -'>1943
$22,768,930 $20,212,497
6*660,566
:J.'V 7,815,146
2,253,285
2,688,975
1 —'
V
■
retirement
for
12 Months Ended
The
shares
—V.:
—_
gas
holders of
to
15
record
July
surplus,
"
Earnings
(& Subs.)—Earnings:
:
Operating
:
$240,000; capital surplus,
$24,232,342.—V. 158,
general contingencies,
for
earned
.income after
Net
"
12 Months Ended March 31—
Provision
4
twenty-five year 5V27c debentures, series A, due
due to subsidiary companies, $4,460; accounts
1944,
expenses
on
stock to be issued share f-or
share for the 35,075 shares of 6%
preferred stock then outstanding.
The
4%%
shares not taken in exchange were not to be issued.shares
35,075
at
Quarter Ended March 31—
,
2298.
p.
Electricity and
a
-
preferred stock (par $100), $2,898,500;, $6 pref.
$4 preference stgck (no par), $983,650;
$4 (no par), $1,368,466; common or ordinary
Associates Investment Co.—Earnings-
,
Net
the time that demand
7
previous vote of common stockholders,
July 15, at 105 and dividends, all of
the outstanding 6% preferred shares which had not been exchanged
on June 1
for new iVaYc preference shares.
At a special meeting on April 25 the stockholders voted to authorize
acting
special deposits, $41,250;
$3,608,946;
reserved
Common
totaled 80,419,000 kwh., an increase of 10.19%output of 71,844,000 kwh. for the corresponding week of 1943.
3,
Operating
■
1.944
patents, patent rights, etc., $1;
and expense, $660,377; due lrom subsidiary
for^commercial radio telephone
far
used thus
been
p.
revenues
$404,230
$891,170
-.■■■
redemption
.
the added investment."
discuss the Bell System's plans for
York and Boston of a radio relay
also
Associated Electric Co.
,
34,951
-
Sheet, March 31,
$13,671; accrued taxes, $17,053; accrued interest, $252,221;
credit. $14,008; reserve for employee's benefit fUnd, $57,222';
Miscellaneous
•f
6,835
2187.,
p.
for
images
American Fork & Hoe Co.—To Retire Preferred—
for
$916,794
$22,444,050;
first
$1,038,308;
deferred
"
9,451
17,248
—
directors,
$1,036,972
many
output of the electric properties of this company for
159,
Other
called
838,490
1955, $11,006,000;
$1,603,368;
justify
Best
between
have
159,
June
the
over
$953,820
158, p. 2461.
The
977,871
.
$1,126,469
discount
cumulative
A
.surplus
will be
than
Power
279,447
_,,
income
have
$71,469
1,085,531
_
Railway tax accruals
will
and
Maintenance,
Net
debt
par),
par),
payable,
that "when the cables are being installed,
to provide additional conductors to handle tele¬
facilities
McHugh
which
ending
378,863
10,995
long-term debt
on
on
American Water Works & Electric Co.,
304,000
—
long-term debt of subs
on
$59,101
pointed out
Operating
Net
15,745
$40,938
31
519,902
217,000
351,013
and
Net income from operations—,
Nonoperating income—net
Interest
159,955
15,627
telephone messages.
481,6.16
351,809
amortization
foreign exchange———
depreciation
($1
construction.
possible
service.—V,
?
."
tax,.
profits
—
;
for
158,757
14,896
direction.
each
television
shorter
1,456,147
371,000
,
income-tax——
Federal excess
S.
1943"
i
514,809
expenses
Federal
S.
■
out,
transmitting
wholly
trial
as
$3,785,705
404,583
—
miscellaneous
and
151,332
expense
_
March
(no
class
construction
cable
this
stock
.May 1,
suitable for transmission ;of television as well:
In this system, under development at the Bell
Telephone Laboratories before the war. directed radio beams at very
high frequencies will operate simultaneously in both directions, and
will.be relayed at stations spaced about 30 miles apart along the route.
This project,
representing another step in the use of shorter and
shorter
waves
for radio
telephony, will pse micro-waves whi-h are
250,000
1,810,941
—
and
Maintenance
General
Co—__
$5*072,970
———,
where
under
system
Subs.)^Earpings-
3 Mos. Ended March 31—
is
a
325,000
(
■
■
published.
just
Magazine,
is further
Messrs.
200,000
&
Witter
American Cable & Radio Corp. (&
Operating
40,691
$247,169
to
Liabilities—7%
was
for
&
Balance
,
vision, and this is contemplated if it appears at
2073.
p.
33,350
$233,485
accounts
System's first commercial trial of
made between New York and
use
now
It
Co.——
Wisconsin
750,000
is
300,000
Inc.
Stubbs,
Co.
&
&
& Co.—
Whiting. Weeks &
Weld
White.
150,000
Peabody
75.000
Corp.,
Walker
Union
The
159,
400,000
500,000
100.000
& Co.
100,000
Kidder,
Co.—
200,000
Anthony
—
$266,835
$207,166
,
-
companies, $237,398; cash in banks, $848,842;
receivable, $424; total, $24,232,342.
Over
Co.—Plans
Telegraph
&
approaching $100;000,000 within the
construction of six or seven thousand route
in
Bell
use
500,000
Co,,
Tucker,
Kidder & Co.—
A. M.
&
Trask &
&'
McCormiek
Kebbon,
100,000
American
Spencer
100,000
100,000
& Co.
Lemon
Johnston,
$287,860
39,569
1—
surplus--——-
Jan.
credits
v
coaxial cable for tele¬
Philadelphia .in- 1936.
television broadcasts was
demonstrated in 1937.
1
•
' '":
Since
then, coaxial cable has been installed between' Minneapolis
and Steven's Point, Wis.,
and between Philadelphia and Washington;
and a coaxial route between Atlanta and Jacksonville, in the-South,
Its
Inc.——
Inc.,,,—
Corp.,
Blodget,
Stroud
100,000
„
_
41,125
—;
•
.
$246,735
surplus—.
for
Balance,
sum
a
author points
transmit
phone
and
Webster
&
Stone
Surplus,
been
Telephone
of
and
the
The
250,000
100,000
—
100,000
&' Co
Johnson, Lane, Space &
Inc.
100,000
—
& Co.—
Co
to
.
Swiss
Janney
Co.,
&
75,000
Boyce,,,
Brothers
Stix
Co
&
&
Broc.
Stern
400,000
—
<.
-r-
——
—
disc.
debt
Corp.—Get Extension—
i
750,000
of
Balance
will be undertaken, de¬
factors.
These include such
as
the requirements of our armed forces, general business
conditions, the volume and distribution of long distance calls, •; and
the availability of manufactured' cable and equipment.
A
coaxial
cable contains several copper tubes,
slightly , larger in
diameter than a lead pencil, in each of which a single wire is cen¬
tered by insulators,
These tubes are customarily used in pairs, one
100,000
Barney & Co.—,
R. Staats Co.,
Stein
Amort,
——
Assets—Investments,
Telephone
pends,
things
l.
—1
Starkweather
400,000
Co.—
$246,735
;
—_
<—
interest
Debenture
on
1966.
p..
When
500,000
William
Co. of
Chicago
Co,——
&
Scribner
75,000
Weeks—
&
Hornblower
W.
The Illinois
Co
&
159.
Bell
150,000
Deane &
Singer.
300,000
150,000250.000
325,000
75,000
Co.__
300,000
& Co,
250,000
Smith,
1-
400,000
Stringfellow—
W.
Scranton
&
Shields
Harris, Hall & Co.
(Inc.)
Sons,
100,000
500,000
750,000
200,000
200,000
& Co.___
Sachs & Co.
Fergan
&
&
Chas.
100,000
——
—
Glore,
Goldman,
Co.,———,,
Rothschild
Scott
Co.,
&
100,000
——
F.
share
per
next few
years
in the
miles of
coaxial telephone cables, which are capable of transmitting hundreds
of telephone conversations simultaneously over a single pair of con¬
ductors and also of transmitting television images, is seen as a defi¬
nite possibility
by Keith S. McHugh. Vice-President,: and George
Best,
Assistant
Vice-President*
whose article* :v "The Bell :; System's,
Interest in Program Television,"
appears in the; Spring issue of the
400,000
—
Rollins
H.
Schwabacher
100,000
Nolan
——
Co
Inc.
L.
Corp.
&
cents
25
granted an additional six months from
1944, in. which to comply with the order of the SEC dated
19*3, directing the corporation to liquidate and dissolve.—
has
corporation
Investment
.
400,000
E.
The First Cleveland
Folger,
1942
$266,835
taxes——
and
expenses
unamortized
150,000
750,000
Corp.
Co
&
Pressprich & Co.
W.
of
dividend
a
States Utilities
American
100,000
Parrish
Putnam
■
Boston
First
400,000
100,000
Fahey, Clark & Co
Field. Richards & Co.-
1943
$246,735
—-
earnings
payable
$10,
par
6,000 Miles of Coaxial Cable Routes—
100,000
Co.—
V.
Jackson
75,000
R.
Dec.
April 9,
April 9,
150,000
500,000
—
—
Webber,
Net
June 24 to holders of record
Payments last year were as follows;
June 28, 10- cents;
20, 40 cents.—V. 158, p. 1341,
15.
The
150,000
Equitable Securities
The
Co
Co.,
Curtis
&
*
Inc.
Co.—_
& Co.—
Cook
Co.—
Dillon' &
Telegraph Co.—Earnings—r
1944
—
Operating
Direct
100,000
400,000
100,000
—
House
declared
have
stock,
American
300,000
&
Moseley
S,
Merle-S nith_„
Eastman,
and
150,000
& Co._
Co,—,
Milwaukee
Dick
&
was
received from subs.
divs.
Total
~
.'
Co. by the company to A. L, Klees
subject to approval of the Securities
announced May 28,—V. 159, p. 2298. <
Gas
York,
New
income,
Other
750,000
Beane
Turben
Curtiss,
&
1-754.
p.
of
3 Mos. Ended March 31—
•■Interest &
Republics Corp.r—To Pay 25-Cent Dividend
directors
common
June
750,000
Corp.
Moore, Leonard &
(Inc.)
Clark.
&
Fenner
Republic Co.
Central
the
Lynch, Pierce,
&
&
The
100,000
250,000
-
Merrill
Chanute.
Brown
Co.
&
American
100,000
Mason-Hagan; Inc. —
A. E. Hasten & Co.——
Merrill,
Co
159,
the' Portsmouth
Shaw
Associated Telephone &
.
Electric Co.
of Northwestern
case
31,'1944,
,
325.000
—
100,000
&
Loughridge
amount.—V.
the
in
sale of
George
Exchange Commission,
*
Securities
Bcettcher
or
&
Mellon
Bosworth,
Alex.
:
Marks
M,
Laurence
325,000
500,000
Inc
Co.,
Brothers
Lehman
the
.
The
300,000
500,000
units
,
and
750,000
Co.__h
Corp.—
Higginson
Lee
300,000
150,000
150,000
203,000
100,000
150,000
—
& Co
Bache
S.
Baker.
500,000
Freres,&
Lazard
&
Parker
Auchincloss,
& Co.—
Langley
C.
for
Associated Gas &
117,944,646 units (kwh.).
This is an increasq of
3l6% above production of 113,873,092 units a year
was
and
the commission was sustained by the
the American Power & Light
Jan.
on
report
Corp.
Electric
&
net electric output of the
1944,
Sells Portsmouth Gas Co.—
against the
U. S. Supreme
subsidiary was
required to write off $3,500,000 of, its plant account, an amount ..equal
to the total par value of its common stock.
As a result,, he said, the,
parent company is required to forego the receipt of earnings, in this
Court
that
which
in
2,
in the
declared..
said
He
FPC,
$100,000
W.
a:?o.
June
Group
4,071,554
plant accounts
changes
Aller
Mr.
Arnold,
Kirchofer &
$2,500,000
..Hemphill, N.oyes & Co. 2,500,000
A. C. Allyn & Co., Inc.
325,0G0
Read
Amount
Name—
Amount
Name—
Dillon,
of
drastic
cash shall at all times
Associated' Gas
trustees'of
ended
Electric
the reclassi¬
regulatory 'commissions calling for
other
and
on the basis of original costs may lead to
capital and earned surplus and to restrictions
in dividends of many- utilities. ■
"What purports to be a set of rules to standardize and regulate ac¬
counting practices has been turned by the commissions into an instru¬
ment to compel major changes in the corporate structures of utility
companies which could not have been brought about by »other- means,"
fication
further
agreement
and pledged
The
week
regulations of the Federal Power
warned stockholders that
Aller
Mr,
Commission
provides that the pledged securities
include cash and U, S. Government
obligations of an aggregate principal amount of not less than 33 /3 h
of the
unpaid principal amount of the loan,
The
notes.
L.' AUer,
holders.
Chesapeake
Output—
Associated Gas & Electric Co.—Weekly
Commission's order for dissolution of the company,
President, discloses in the annual report to stock¬
Exchange
Howard
owned by
securities
Monday, June 12, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2410
upon
in
Axton-Fisher reported a net profit of $144,897,
share
so
on
the
class
B
stock.
by the stockholders, the officers of the company will undertake,
far as is practicable, to dispose of the manufacturing facilities
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
159
nual-reports, the company is going to send from four to six informa¬
tional bulletins a year, to shareholders.
Commenting on operations, he stated that the first quarter figures
to be issued later this month, probably will show decline 'in butter,
egg
and cheese sales, > because of a lack of materials, and increases
and
equipment in such manner as to permit their continued use in the
of cigarettes and other tobacco products, and the em¬
ployment of present employees by the purchaser."—V, 139, p. 1858.
manufacture
Baldwin Locomotive Works—Production Rises—
in
This
of the nature of its products, will not
wartime to peacetime activities in the
post-war era, according to Ralph Kelly, President.
;
Since the urgent military need for more locomotives took Baldwin
out of ordnance production early this year, the company has been able
to concentrate
all its energies on one goal—increased production of
locomotives and other regular Baldwin products.
"For many months," said. Mr. Kelly,
"we have been engaged in a
program of expansion involving extensive rearrangement and retooling
of shops to increace efficiency and speed up production."
f
Although the full force of these enlarged facilities has only recently
"been felt, they resulted in an increase'of over 42% in locomotive pro¬
face
sudden
duction for
for
change
the
first
domestic
months
four
1944
of
The
1943.
over
first
four
railroads,
months.
the
other
allowed
from
in
are
so
mately 14%
159,
the company's total sales,
of
'm'
he said,
pleted,
the
$10,670,000 par
$5,957,700.—V.
to
Period End. April 30—.
-.
Operating
$79,043
38,261
24,636
5,979
Net
income
$3,924
$4,015
revenues,,
$8,365,467
159.
*
Net
Net
operating
income
159,
income
"
"
■
(Including
.
$15,778
$1,349,957
$4,818,721
$5,290,758
773,275
3,012,956
2,993,291
Coach
Baltimore
Co.)
.
•
Net
sales
Profit
'!
•
■
f
after
-
.
other
&
all
1,490,676
414,165
1,524,941
6,049,622
360,805
1,553,813
5,975,135
1,528,371
$159,355
$557,774
3,224
26,453
1944
$209,037
$584,227
*Prov.
for
3,871
3,871
15,483
75,657
77,747
302,623
$266,121
50,000
:
■
$266,121
has
thei series A 4%
<m
tures.
t>.
Both
are
debentures
and
interest
2Mi %''.on. the
payment
series
5%
A
•
to
*
■.
:
•
*
•
•
•
has
•
The resignation
resigned
Beatrice
Creamery
it
Co.—Stock
headed by Glore, Forgan
that of the
announced
was
;1.—'V. 157,
Sold
& Co.
100,433 shares of
159,
is
earned
The
General
June
on
at
ity
t
A
—
announced
June
on
5
of
.of
Chicago
and
National Bank
Guaranty
and
Company's
and
has
on
stock
New
It
on
$4.25
the
v'
.
'
•
cumulative
Common
stock
pfd.
maximum
($25
revolving
a
ranged
ai
period
arc
2%%
thereof
in
of
number
of
the
being
maximum
shares
its
of
it
of
has
done,
points.
two
It
after
mailing
must
'on the
has
determined
by
and
the
col¬
loans
each
are
to
use
at
June
on
Whipple & Co.__,._.., 3,000
7,500
William Blair
7,500
Farwell, Chapman
7,500
•
Neb.
Lynch,
coin,
ner
of Lin-
&
G.
&
Walker
Co.__
not
of
&
3,000
Co._^„„
Boettcher
5,000
Bosworth, Chanute,
ridge & Co
Co.
maintain
minimum
a
of
As
Sept.
2
or
that
to
of
Burns,
The
Wisconsin
Co
4,500
Potter &
\
Co
Expansion Plans Announced—
1,000
•
Clinton H. Haskell, President, on June
1 outlined a five-point ex¬
pansion program for this company at the annual stockholders' meet¬
ing. "
He emphasized that the plans are not limited to the post-war period,
'adding that "they have taken definite shape and purpose, and are al¬
ready under way."
The program, Mr. Haskell stated, is as follows:
'
technical
—V.
research
depart¬
ment for the purpose of improving our products and developing new
products which fit our production facilities and our sales and distribut¬
ing organization.
2. We intend to acquire established dairy plants in territories where
we
are
not now operating.
Mr. Haskell said that in the immediate
added
this meant
in the South and
October
since
are
located
in
the
on
Pacific Coast.
Tennessee,
Plans
products.
4.
diversification
for
,
of
business
.-
...
Addition
of
mechanical
to
New
plants
California,$ Indiana and
Kansas, with two more, located in Alabama, announced
3.
include
on
other
June
than
1.
dairy
into
enter
the
sales
and
market
research
people,
5.
of
25%
or
ization
through
from
tatives
Mr.
formation
of
advisory
area.
that
Commercial
more
committees
■
in
and
addition to
Financial
the
of
incorporation
also
on June
8
on
of
offices;
Dana
Seibert,
President;
135 S. ;La. Salle St.,
the
com¬
250,000
addi¬
to
provide
voted
was
by
for
in¬
stock¬
the
Plan Held—
,
California
held a hearing in Los
the proposed merger of I. Magnin .fc Co.
Latter has offered one share of its com¬
on
shares
of
Magnin
stock.
common
Chicago—May Retail Sales Up1944—Month—1943
$8,390,191
1944—5 Mos.—1943
$8,859,315 $41,157,618 $42,136,829
1,230,563
6,040,591
5,451,241
sales
$9,777,485 $10,089,878 $47,198,209 $47,588,070
1967.
p.
("American
Wool
Co.
of
completed
be
&
1944
1943
1942
$70,436
$87,679
$65,394
18,000
20,000
35,000
$52,436
$67,679
$30,394
600,000
600,000
600,000
$0.09
profits
excess
$0.11
$0.05
taxes
——!_
.
shares
common
share
158, p. 2248.
William- Watson' Smith,
and
Ingersoll,
Developments—
group
a
income
senior
Buchanan
Mines
Iron
Zinc Co.—Earnings-
chgs. but before taxes
(A, M.) Byers Co.—Two New Directors—
>■
of
after
of
16
President
V.
Venezuela,
iron
159,
of
National Bank,
635.
p.
member
of
the
law
firm
of
'Smith,
Pittsburgh,
and Ray
Harrison,
a
VicePittsburgh, have been elected directors.—
mine
Callahan Zinc-Lead Co., Inc.-
this year.—V.
159,
-Earnings—
Quarter Ended March 31—
Net
profit after
ord.
tax.
1944
chgs.„
&
„
1943
$1,599
1942
*$23,580
$12,559
*Loss.
Note—No
;
provision made for Federal income taxes.' -V. 158, p. 2464,
-
NOTE—For
possible
600,210
7,799,719
68,232
786,498
68,362
826,469
order.
67,833
813,996
671,332
309
3,707
3,707
6,598,888
648,163
Campbell, Wyant & Camion Foundry Co. (& Subs.) —
term
$155,697
$1,763,263
5,601
1,037
24,047
10,883
$131,924
$156,734
Earnings—
*48,006
$1,787,310
\r 571,809
$108,728
$1,215,591
$1,395,863
period-....
417,150
427,996
.
$1,983,139
■
compact organ¬
with
represen¬
'
regular quarterly
-
and
an¬
,
1944
1943
1942
1941
$199,382
$270,328
$369,567
$199,508
$0.58
$0.78
$1.07
$0.58
3 Mos. End. Mar. 31—
*Net
$1,994,022
48,181
(net)
.
797,519
67,833
309
limited
mechanical reasons it is not always
to arrange companies in exact alphabetical
However, they are always as near alphabetical
position as possible.
—*
1944—12 Mos.—1943
$11,993,652 $10,702,748
$960,643
-
profit
Earnings
share
per
on
income
charges
'"After
all
charges and taxes including- excess profits tax.
598,159
$83,743
to
preferred
stocks
for
159,
2188.
p.
The
directors
the
no
June
May 31
on
value
of
12.
similar
A
23.—V.
159,
p.
any
distribution
1755,
were
made
was
paid
on
on
April 10, last.
June ?8, Oct. 21 and
discounts
1652.
total
but
future
tors
uncertain
because
of
weather, feed grain supplies and
Borden
Quebec
been
production is
the
as
The
banner
through
serving
its
the
was
also
recently
acquisition
residents
since
of
the
such
unpredictable
man-power
on
Dairy,
which
has
1909.
Up to this time Borden ice
had been shipped to northern sections of the province of Quebec
from Borden's Montreal plant.
The Quebec plant will be known as the
Division.—V.
159,
p.
refund
selling
in¬
expense,
amortization
and
provision
for, Federal
taxes
on
income
resulting from renegotiation of profits on war contracts,
interest and dividends received, $9,223; profit before de¬
ducting depreciation, amortization, etc., $1,237,172; provision for depre¬
ciation and amortization, $189,436; interest, expense, $12,154; provision
for
of
Federal
profits
taxes
on
on
war
income
and
refund
$836,200;
contracts,
resulting
net profit
from
renegotiation
for period, $199,382.
Consolidated Balance Sheet, March 31,
"Assets—Cash
cream
Brookside
administrative and
$1,576,805;
1944
fac¬
farms.
raised in the historic city of
Brookside
1944
for refund resulting from renegotiation of profits on
$1,556,816; other operating income—net, including cash
and allowed and profit from sundry sales, $19,989;
profit,
gross
$1,227,949;
Theodore G. Montague, President, recently announced that the com¬
pany's estimated sales for the first quarter of 1944 had increased over
the corresponding period of 1943.
Profits, he added, were up only
slightly, tax accrual rates having been increased.
Milk production
during the early spring was better than had been anticipated, he said,
31,
received
depreciation,
Up—New Canadian Division—
Ended March
cluding administrative salaries, development and other expense, $348,856; profit before including investment income and before deducting
and
Borden Co.—Sales
Months
provision
contracts,
war
declared a dividend of 15 cents per share
stock, payable July 10 to holders of
3
of
common
dividends of 20 cents each
1943
Dec.
par
Statement,
profit from sale of products, being net sales less production
products sold including labor, materials and production ex¬
pense,
but not including depreciation and amortization of facilities
for which certificates* of necessity have been obtained, and exclusive
Gross
cost
1142.
on
hand
and
in
banks,
$1,774,408;
accounts receivable
provision for doubtful accounts of $6,000), $1,882,389; inven¬
tories, $1,969,175; treasury notes—tax series C (less amount deducted
(less
tax
from
ment
liability of $5,840,000), $710,000; costs incurred for govern¬
equipment for which reimbursement is to be received,
owned
$11,601;
investments in and advances to wholly-owned subsidiaries
not consolidated, $35,110; land contracts and second mortgages receiv¬
able, $35,941; investments, at cost less provision for loss, $87,100; prop¬
Boston Consolidated Gas
The
erty
Co.—Output Off 2.5%—
•
■
reports output for May, 1944, of 1,185,410,000 cubic
feet, as compared with 1,215,393,000 cubic feet for May, 1943. a de¬
crease
of 2.5%.
Output (in cubic feet) compares as follows (000
company
omitted):
March
April
ance
1944
1943
% Change
1,622,025'
1,542,646
;
—
May
"■Revised to make
*1,492,823
+3.3
1,561,456
1,526,970
+2.3
'
1,335,497
1,358,757
1
1,185,410
1,215,393
figure comparable.—V. 159, p. 1858.
—2.5
1,653,787
—1.9%
—1.7
of
and
plant
excess
other
equipment,
profits
deferred
Liabilities—Payroll
payroll
and
January
and
refund
deductions
income
taxes
on
tax
$4,551,851; estimated amount of post-war
on 1943 income, $400,500; prepaid insur¬
$105,240; total, $11,563,314.
charges,
accrued,
account
withheld,
$887,352;
of
war
$136,986;
accounts
bonds, old
notes
payable,
$338,495;
age benefits taxes
payable—regulation "V"
loan, $1,250,000; provision for Federal taxes on income and refund re¬
from renegotiation of profits on war contracts (less treasury
tax series C, at $5,840,000), $476,599; provision for old age
unemployment benefits taxes, $111,370; provision for other taxes,
$125,885; provision for returned castings, $133,378; unclaimed wages
and
unadjusted credits, $118,293; capital stock and surplus (net),
$7,984,956; total, $11,563,314.—V. 159, p. 2189.
sulting
notes,
and
Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Spruce St., New York 7, N. Y,, BEekman 3-3341.
Herbert D. Seibert,
William D. Riggs, Business Manager.
Published twice a week [every Thursday (general news and advertising issue) with a statistical issue
Chicago 3, 111. (Telephone: State 0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith, Copyright 1944 by William B. Dana Company.
class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and Possessions, $26.00 per year; in Dominion
year.; South and Central America, Spain, Mexico and Cuba, $29.50 per yeari Great Britain, Continental Europe (except Spain),
Asia, Australia and Africa, $31.00 per year. NOTE: On
atiops in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
The
William
■
the
each
Haskell said
a
of
more
700,163
approp.
February
Coordination of the company's plants into
authorized
aggregate
an
share.
directors
Commissioners
"'Before depletion.—V.
if
agreement
60,757
Month—
...
research,
and
1,387,294
Net
profit
Outstanding
Earnings per
pre¬
give preferred stock¬
entering into an agreement
.
the
to
.....
.•future
articles
Bullock's, Inc.
exchange for each 3%
in
159,
Fed.
secur¬
as
Blaw-Knox Co.—To Pay 15-Cent Dividend—
record
4,500
and
stockholders approved
the
stockholders
to
a
3 Months Ended March 31—
period
a
assign
70,640
res.
applic.
In
Corp.
commercial
$2.04
83.
p.
sales
"Profit
must
1944—Month—1943
$1,026,025
—w
Net income
Divs,
2,100
Higginson
doubled-our
the
officers
Butte Copper &
con¬
1943,
$8,606,238.
Pursuant
written objections.
Palua is expected
____
income
2,100
Lee
have
up
$8.25
at
capital stock
on-
Kalman &, Co., Inc.___
2,100
Maynard H. Murch & Co.. 2,100
Kirkpatrick-Pettis Co,
1,500
We
into
Combined
30,
$126,323
2,100
Lough-
Inc.__ 4,500_
Central Republic Co., Inc.. 4,500
Kebbon, McCormick & Co,. 4,500
1.
Retail
Bolivar,- Venezuela, and that the mines
produce more than 2,000,000 tons of high-grade ore
in Bethlehem's eastern United States mills.
Before
expenses
retir.
Other
3,000
J, M. Dain & Co.
Co.,
and
the
Butler Brothers,
-V.
notice, holders
the
development
Other taxes..
& Co._„_ 3,000
5,000
Fen-
Beane—
Becker
H.
&
5,000
Pierce,
Dean Witter & Co.__;
A.
G.
—,
.
Merrill
-
Co.
$2.06
158, p. 2575.
May 25,
on
addition,
Period End. May 31
Wholesale sales
con¬
The Illinois Co. of Chicago. 3,000
First Trust
$502,167
159, p. 547.
of
State
revenues
f
Federal-taxes
follows:
as
Co
The
Calif.,
stock
Birmingham Electric Co.—Earnings-
Gross
Corp
&
Securities
125,000
«$508,436
858,000
Berkshire
production
war
Corp.—Venezuelan
started
.
the
in
for
Operating
Operating
Interest
W.
Hutton
125,000
$1.61
retirement
to
of
Corporation
with and
un¬
payable
In
Buckeye
158,
—V.
corporation
amounts
contracts.
before
may
submit
Steel
announced
progress
with
together
bayden, Stone & Co
E.
1,615,000
125,000
....
for
of
Income
Bacon,
1,22'0,000
Bullock's, Inc.—Hearings
l
Shares
_12,433
ex¬
invent.
company from
its subsidiaries—Northern Pipe
York Transit Co.,
Inc. of
18,910 shares of its
stock.
amendment
The
agencies.
$6,000,000.
corporation
investments
Shares
Mellon
An
502,162 shs.
underwriters
by
1942
the
New
shares
holders.—V.
'
59,577 shs.
underwritten
and
in
meeting held
by
purchase
to
amounts
on
this
by
when
indirectly,
or
one
production
the
Outstanding
several
annual
and
'2188.
p.
the
under
91,317 shs.
750,000 shs.
par)
decline
share—
demnification
year
a
be required to pledge
war
period End. April. 30-
Present Financing
par)_„
names
Glore, Forgan & Co_
'
it
as
days
expected
Prop,
stock, (no
income
1943
$397,053
capital
tional
was
'To be
Underwriters—The
the
been
and
may
under
provisions,
these
15
was
are
'•
Authorized
$4.25
has
capital
and
year
notice,
annually
of 1934.
+
1944
$26,083,541 $27,252,548 $23,186,183
1,742,053
2,248,436
1,485,167
reserve
Registrars—City
1''
■
credit,
$1,500,000,
due
stock
Amort,
'
Subs.)—Earnings—
taxes.—.—
per
Co.
own
shipment can begin, the company said, a port site named Palua must
be completed on the Orinoco River, near San Felix.
Construction now
cumulative
registration
Capitalization Giving Effect to
;
one
subsidiary,
a
Co.
preferred stock
the New York Stock Exchange.
Com¬
list the additional shares of common
application to
exchange and for
Securities Exchange Act
York.
Trust
and
■.
listed
are
Bank
provides
cash
working
Bethlehem
Chicago and Chase National Bank of
outstanding
made
the
of
Co.
of
National
'
presently
common
pany
"Stock
Trust
Trust Co.
the City of New York.
1944,
Department will guarantee banks making
the loans.
Approximately one-fifth of the
least
concessions
financing, along with other funds, will
approximately 29,788
shares (33y3%) of the $4.25 cumulative preferred stock
at $105.50 per share and accrued dividends.
v
Illinois
the
outstanding preferred
H..'
Proceeds of the
Transfer Agents—Continental
which
,and Cotton Reporter." )-7-V. 157, p. 127.
-
•
•
the
loan
amounts
within
stock offered for
common
after
participates equally
$1.50 per share per annum.
246,000 shares of capital stock.—V.
their
pany
V,
•
31,
surplus was $2,711,864 and net working capital was
will have the option to borrow money for
involving
syndicate
"be used to redeem, on August 1,
X
March
at
the
corporation
ferred
1047'.
p.
and
State
purchase
Line
*8,122,679
$3.84
Renegotiation Law.
Spinning Associates, Inc.—"V-T" Loan
covered, directly
United States or
net
exceeding
1.
subscription to stockholders at $27.50 per share, 92,435
shares were subscribed for, leaving only 7,998 shares
remaining, which were promptly sold by the under¬
writers.
36,261,381
$3.87
during the
government contracts
.of
now
the
this
holders
i
orders
agreement,
with
•
Vice-President,
as
director,
a
as
will become effective Aug.
is
solidated
■'
•
then
annum,
Buckeye Pipe Line Co.—Acquiring Stock—
At
'the
agreement, the corporation shall not pay dividends,
other than in stock, unless its consolidated earned surplus after
pay¬
(L.) Bamberger & Co., Newark, N. J.—Resignation—Harold
W.
Brightman
Merchandise Manager and
44,384,060
War
80%
of
Under
deben¬
payable July 1 to holders of record June 14.—V.
of
it
The
tracts
2%
of
ment
■
unfilled
loan
cancelled
output
semj-annual
a
2187.
r
of
portion
lected.
up
declared
*On
4
>8,190,449
$4.02
$2,000,000, with interest at the rate of
and with commitment fee of 3/b of 1%
provide
under
accelerated depreciation.
company
of
used
$193,278
Interest Payment—
The
including
per
annum,
"'
$ '
'
from
"V—T"
credit
300,000
$77,420
and
per
profit
"Earnings
1942
I *
<jj
8,504,066
"
adjustments
estimated
borrowed,
$87,384
share
per
share
April 30—
possible
mon
A
to
.
'.
83,194,630 100,515,431
share
Berkshire Fine
$493,278
<c>
■"Including
taxes—
per 'common
decrease
310,986
$127,420
1
$2
per
to
up
taxes
and
for
Apgeles,
war
'Balance
to
$2
;
profits
cess
Res.
$791,200,500,
$1,074,468,500 at March 31, 1943.
While changes in
the
procurement needs of the armed forces are also involved, the
corporation's steady reduction in prices accounts to a large extent for
.the decrease, E. R. Breech, President, said.—V. T59, p. 2188.
$806,552
$87,384
reserves
.
and State taxes,
ton 14,576
the combined 17,281 shares of class A
stocks.
fiOn 145,310 shares of common
common
Shoe Co* {&
before
Federal
15,483
debs.
special
'
*91,698,696*108,605,880
Federal
The amount
a*
$819,747
income
$0,59
Federal
1128.
sales
Profit
income.;— 469,098,769 417,812,579 170,420,270
but before
oper.
charges,
price
under
.tBefore renegotiation price adjustments.
•"
Net
•;
Net
Net
1943
,*
'
.
Net income
■"After
13,195
$166,912
Fixed charges
Interest on ser. A
$205,813
7,557
Gross income
for
*
Earnings
$8,310,058
Operating income
Non-oper. income
,
"
$8,161,209
expenses
common
158, p.
""
.
Operating
1941
$95,966
t$0.54
fOn
entitled
receives
6 Months Ended
.
,
1944—4 Mos.—1943
$2,091,559
Taxes
1942
$88,464
t$0.45
including
stock.
A
is
stock
the
—V.
(& Subs.)—Earnings—
6 Months Ended March 31—
*
*
.
$2,064,196
-
'with
1944—4 Mos.—1943
1967.
p.
Provision
1944—Month—1943
Period End. April 30—
1943
$6,617
,
stock
A
common
752,834
Bendix Aviation Corp.
Baltimore Transit Co.—Earnings—
pperating revenues
charges
145,310 shares of
Class
$1,198,459
i__
taxes _—1—i_—:
V
and
$8,203,694 $33,839,14.7 $31,795,728
5,403,187
22,436,831
21,063,198
1,450,550
6,583,595
5,441,772
5,534,061
1,632,947
—
1
w
1944
!l$0.47
24,415
$16,146
1035.
p.
taxes
.—V.
-"Including- insurance, depreciation, repairs and alterations,
tlncluding Federal income taxes as per law in effect at end of period.—
V.
"'After'all
$76,804
service
$75,364
shares of $2 class
from
3,025 205
Co., Inc.—Earnings—
share—....
per
Brown
39,251
,t Taxes
reduced
$8,209,345 $33,869,645 $31,815,632
5,651
30,498
19,904
7,214
expenses
$79,444
9,685
6,150
of
cost
over
earnings
Earnings
2188.
1944—Month—1943
rev.
Operating
$19,850
159, p.
$8,372,681
revenues
Uncollectible'oper.
Operating
9,837
exps.
outstanding will have been
amount
*Net
Telephone Co. of Pennsylvania—Earnings—
Bell
p. 2298.
$19,739
misceli.
&
receipts
1347.
1943
$3,102,003
$115,723
_
,
stock..
locomotives
1944—4 Mos.—1943
1944—Month—1943
income
of
159, p.
Brillo Mfg.
same
the
company's preferred stock retirement program, Mr.
Haskell pointed out that in the last 11 years it has- resulted in a 66%
reduction in annual dividends requirements on the stock, from $746,900
to $253,202.
After the present call for preferred stock has been com¬
Building, Inc., Sari Francisco—Earnings—
Period End. April 30—
Gross
,*Oper.
about the
1944
$3,136,797
3,021,073
_
3 Mos. End. Mar. 31—
Discussing
Operating
Balfour
continue at
Railway—Earnings—
CCSt,of service.
Excess
-V.
and milk solids for ice cream, he said.
agencies, which last year represented approxi¬
sugar
rate.
as
("Wall Street Journal.")—V.
Total
major. departments of the company.
Increased quotas
milk and by-products are favorable factors for June;
Government
to
Boston Elevated
Month of April—
Total 'receipts
fluid
quota increases in
Sales
well as for military use, and Baldwin
is in position to meet increased demands from either source as they
.■develop.
"
*v'
The production of diesel engines for railroad, marine and stationary
Service, measured in terms of rated horsepower, increased 27% in the
are
'
because
corporation,
a
2411
Editor and Publisher;
on Monday],
Other
Reentered as seqond-
of
Canada*
$27.50
per
account of the fhlctu•
*'
THE COMMERCIAL & FINANCIAL CHRONICLE
2412
Profits
from
Other
operation-
income
—
$1,714,820
27,587
$530,339
21,887
135,411
$1,742,407
,
79,715
262,098
,
income
Interest
-
for
Pi'ov.
$944,710
48,587
-
■
income
137,351
depreciation-
for
*Prov.
less
—
standard
prevailing income tax rates subject
at
*
•
•
(less
receivable
A
protective
has
the
U.
which
Federal
representing. certain
414, 414% debentures due 1944-1960, $4,200,000;
inventory reserve, $283,969; minority interest in subsidiary, $118,325;
capital and surplus, represented by; 182,304 cumulative sinking fund
convertible preference shares of no par. value, $4,781,563; 734,269 com¬
mon
shares of no par value, $1,201,413; capital surplus, $1,642,099;
distributable surplus, $2,191,556; total, $17,847,690—V. 159, p. 1443.
4,
This
of
5s
/.
1948 and S'/as
of
"
1954.
' '
■
tions
unless
Court did
The
allowed..
are
stated
this
the
trustee
time.—V.
would
sanction
not
both
31 approved a five-for-one
and preferred shares—V. 159, 211,
stockholders
The
Neither
!
.
common
May
on
split-up
of
'
25,753,427
earnings
Gross
Working
Net
expenses
21,848,861
.
10 Days
87,328,253
13,671,599
12.468;312
3,790,870
74,859,941
1943
1944
Ended May 31—
earnings
Traffic
$
24,045,596 100,601,420
20,254,726
86,929,821
3,904,566
earnings
$
$
$
.—
$9,292,000
——
$8,236,000
.
at
-
.
Cincinnati City
The
30
Council on June 1. passed a new two-year gas
calling-for a 5% reduction in rates, to become effective
was, estimated
consumer
savings will amount to
year.
The Council also extended for 120 days the present
days.
.
$400,000 a
electric
ordinance
rate
negotiate
H.
It
C.
to
allow the
public utilities, committee
contract with Cincinnati Gas & Electric Co.
^ <
a new
Black well,
cern
—V.
159.
2077.
p.
a
the. one proposed by debenture holders
preferred or common stockholders.—V. 159,
to
I
the company, has intimated the con¬
will appeal the ordinance to the Ohio Public Utilities Commission.
President of
■
'
■
"
•
.
.
.
.
'
.
••
•
"
nor
City Stores Co. (& Subs.)—Annual Report—
"
-
Year Ended Jan. 31—
Net
States
Bonds—
1944—4 Mos—1943
1944—Month—1943
Period End. April 30—
for
1653.
p.
Central
Canadian Pacific Ry.—Earnings—
plan
■
rate ordinance
In
in
provision
:
.
*
is, in
trustees'
any
mo¬
Cincinnati Gas & Electric Co.—Rate Cut Voted—
t
extended by vote of stockholders.
makes
on
than 5%
payment of more
159, p. 1653.
t
Canadian Cottons, Ltd.—Stock Split-Up—
i
not act
by various debenture representatives asking for a cash distribu¬
to 25% after Joseph Lorenz, counsel for the trustee,
of from 6%
tion
j
.
,
amount*their claims
the
■■
„.
to
Judge Edward A. Conger has authorized the . reorganization
make, a 5% distribution of principal to all holders of the
trustee
company's debentures,
A similar distribution was authorized with
respect to general creditors and landlord claimants when/as, and if
opposition "to" one formulated by trustees for the
February.
Under'terms of latter plan debenture
receive in exchange common stock of the reorganized
company and the new company would have a life limited to two years
plan
company late
holders would
for pay¬
to creditors.
for
s
debenture
debenture holders
for other
counsel
and
10%' and 25%
Circuit
S.
calls
,/
The three stocks proposed to be distributed to debenture holders in
payment of principal had a m.arket value, of $647 for each $1,000
debenture as of May 1, 1944, and. cash payment of interest accruals
would
amount
to
$24.45
and
$34.96,
respectively, ,for holders of
Liabilities—Bank loans and overdrafts, $1,036,653; accounts payable
accrued liabilities,
$863,071; Federal income taxes, $1,529,041;
3%,
in
plan
claims.
and
31/2,
committee
filed
>•
.....
...
♦:
^
and North American Co.,
remaining portfolio securities, .consisting of Detroit. Edison Co.,
General Shareholders Corp., and Pacific Gas & Electric Co., would
be sold and proceeds of the sale, together with cash on hand, would
be paid in satisfaction of accrued interest in. ratio of 60%
of such
L
31/4
committees
Payment On Bonds Approved—
The
prepaid expenses, $115,692; xefundable portion of excess
profits tax, $693,673; deferred charges, $276,432; land, buildings, plant
and equipment (less reserve for depreciation of $4,217,285), $8,204,167;
premium paid on purchase of subsidiary companies' shares, $832,957;
other investments, $1,088,057; total, $17,847,690.
'
>
$3,995,290;
3
holders'
Corp.,
for
reserve
approximately $4,971,157:
wooden floors; 500 50-ton
and 100 70-ton flat cars, all-steel except wooden
holders of the deben¬
Court at Richmond, Va., a reor¬
immediate distribution to debenture
holders of the investing company's principal assets.
These comprise
common
shares of American Cities Power & Light Corp., Blue Ridge
tures
investments, $1,610,414; accounts and bills
doubtful accounts), $363,613; inventories,
$667,397;
stock, estimated tp cost
gondola cars, all-steel except
70-ton
ments of 6%,
Consolidated Balance Sheet, April 30
Condensed
Assets—Cash,
equipment is primarily for use in handling
such lines in Pennsylvania.
be secured by the following new standard-
will
Central States Electric Corp.—Plan Filed—
\
•
determination of alleged right of preferred stockholders to segregation
some $2,000,000 of company's assets for their benefit.
A report by the reorganization trustee showed that cash on hand
amounted to $3,076,000 on iDec. 31 last.
Since then the trustee has
purchased $500,000 of Vb'/o U. s, Treasury certificates and $75,000
of U. S. Treasury bonds.
The'trustee in his report states "I believe that in no event should
a
payment of more than 5% be authorized to debenture holders or
other creditors at this time.
And cash on hand is-more than ample
to meet immediate requirements of the debtor's business."
The latter refference
was
to
pending/ motions by two debenture
of
floors—V, 159. p. 2299.
$287,720
to determination
;
acquisition of the equipment by
preliminary step toward carrying out a
a
such
on
certificates
ganization
.
and
Pa.
of
rolling
gauge
620,500
14,039
profits.
is
Pa.
all-steel hopper cars,
$405,500
$131,137
$203,678
^Calculated
that. the
states
of
Co.
originating
These
—
994,000
. 1,094
235,000
6,903
554,000
1,094
portion—
interests
profits
Net
,
of
Co.
traffic
1,000
re-
refundable
Minority
$1,237,130
43,912
270,959
Dominion
taxes
RR,
plan being developed by such railroad trustees under which it is pro¬
posed that all or a substantial part of the lines of road now being
operated by the latter in Pennsylvania will be operated by Central
$1,224,500
12,630
RR.
Total
certificates
Central
1944—6 Mos.—1943
1944—3 Mos.—1943
$929,622
$524,313
15,088
6,026
these
to
Canadian Breweries Ltd. (& Subs.)- -Earnings—
Period End. Apr. 30—
Monday, June 12, 1944
Power
Corp.—To
Light
&
Purchase
sales,
incl.
•'
1944
sales
of
departments
Cost of goods sold——
.
The Securities and Exchange Commission has issued an order per-'
mitting to become effective a declaration filed as an amendment to a
plan of liquidation previously filed, with respect to the proposed use of
$200,000 idle cash to purchase for retirement, for the period ending
Dec. 31, 1944, at 100% of unpaid principal amount and accrued inter¬
est, its first mortgage and first lien gold bonds, 5Vfe% series, due 1953.
—V. 159, p. 837.
'
;
Gross
profit
—
inchgs._
and
stallment account carrying
Total
$24,286,392 $21,829,758 $18,886,515
——
from, broadcasting
Incm.
1942
$67,898,670 $60,623,556 $53,872,064
43,612,278
38,793,798
34,985,54S)
„—
sales
on
1943
*
leased
826,147
753,249
712,169
profits—————— $25,112,539 $22,583,007 $19,598,684
Selling, adm. and gen. exps.———2
16,408,498
15,751,192
14,897,657
.
gross
■
159, p. 2299.'
—V.
'
■
*
V
■
"
^
,
,
'/ ':.
Chicago Great Western Ry.—Accumulated Dividend—
The
Carolina Power & Light Co.—Earnings1944—Month—1943
1944—12 Mos—1943
$1,467,439 $1,366,520 $18,184,137 $16,444,283
425,442
445,098
6,813,195
5,821,421
404,517
320,510
3,842,196
3,436,118
166,723
185,371
1,789,234
1,821,645
period End. April 30—
Operating
revenues-—
Operating
'
expenses-
Federal taxes
Other
taxes
Prop, retirement reserve
125,000
125,000
1,500,000
2,340
$290,541
1,424
$4,239,512
18,933
$3,940,099
24,254
—
$348,097
$291,965
charges —-—
146,556
133,934
$4,258,445
1,703,105
$3,964,353
1,594,906
account
of
have
declared
accumulations
a
the
on
of
dividend
5%
cents per share
62 V2
cumulative preferred
stock,
appropriation
-
;
par
$50, payable June 30 to holders of record June 16.
A similar distribu¬
tion was made on March 31, last.
Payments in 1943 were as follows;
31 and Sept. 30, 62y2 cents each; and June 30 and Dec. 27,
$1.25 each.
Arrearages on July 1/giving, effect tb the current dec¬
laration, will amount to $2.50 per share—V. 159, p. 2299.
Gross income
Interest
Net
$158,031
$2,555,340
period—
1,213,029
$201,541
income —-.
.Dividends
applic. to
,
stocks
for
$2,369,447
1,254,239
—V. 159, p. 1968.
of
certificate
incorporation
of
has been
corporation
Int.
or
Celanese
sell—V,
Corp.
158,
of
p.
—
Listing
of
to
set
as
book
the
known
unusual
program
character of
conserve
the sale
the termination
to
•/,
.
Additional
Amendments to
with
the
articles of incorporation
Secretary
Associated
Press
of
State
dispatch
•/.:
authorized the lising of 21,934
liar), on official notice of
issuance, in connection with the payment of a stock dividend payable
June 30, to holders of record June 16, making the total number of
Shares of common stock applied for 1,557,303 shares.
Directors at a meeting held May 16 declared a dividend payable on
June 30, 1944, in common stock, to holders of the outstanding shares
of common stock of record June 16, at the rate of one share of such
common stock for each 70 shares held.—V. 159, p. 2189.
The
Stock
York
New
of
shares
stock
(And
v
Domestic
Subsidiary
3 Mos. Ended Mar. 31—
Profit
all
after
taxes
Z
:
7
Dividend—
—„„
Corp., Fort Wayne, Ind.—10-Cent
Provision
for
—
Federal
♦.Net
profit
Earnings
per
directors on June
the
common
June
Central
12.
of
Georgia Railway—To Intervene in Reor¬
y
'
permitted, the following parties to intervene in the
reorganization:
(1) William A. Spanier, Addison. W. Warner, and
W. F. Wagner, as a protective committee for holders of the Mobile
Division
5%
first mortgage bonds due Jan.
1, 1946; Macon and
Northern Division 5%
first mortgage bonds dhe Jan. 1, 1946, and
Middle Georgia and Atlantic Division 57® first mortgage bonds due
Jan. 1, 1947, and (2)
Central Hanover Bank and Trust Co. (a) as
trustee under the collateral trust mortgage dated as of May 2, 1887,
of Central RR. & Banking Co., of Georgia (b) as trustee under the
second preference mortgage dated as of Nov, 1, 1895, of Central of
Georgia Railway, and (c) as successor trustee under the first mort¬
gage dated as of July 1, 1897, of Chattanooga, Rome and Southern
RR—V. 159, p. 2299.
SEC
$404,997
$1.01
share,—
$1.11
$0,68
at
present
determinable.
have been
has
(2)
excluded—V.
No
159, p.
■"
&
"
fi-
Pacific, Railway
:
'
••
—
■■■
Trustees
on
May 22 authorized the company to issue at par
$5,962,500 of promissory notes in further evidence of
unpaid purchase price of certain equipment acquired under a
ditional sale agreement.—V, 159, p. 2300.
not
the
con¬
The ICC on May 29 authorized the company to, issue not exceeding
311,580 shares of common stbek (par $12.50) a share, to be exchanged
for 77,895 shares of common stock (par $50) a share on the basis of
,•
,
;
-
the
Hall &
capital stock of 670,000 shares of
tificates at prices to yield 0.95% to
2.50%, according to
maturity.
Other members of the offering group are:
Otis & Co., Inc.; L. F. Rothschild & Co.; Hornblower &
Weeks; Gregory & Son, Inc.; First of Michigan Corp.;
The /Milwaukee Co.; The First Cleveland Corp,; Walter
Stokes & Co.; F, S. Yantis & Co., Inc.; Newburger &
Hano; and Alfred O'Gara & Co.
"'
Salomon Bros. & Hutzler
loan running from one to 10 years as 2S.
Harris,
bid 99.55 for a 75% loan running from one to 10
The issue was awarded on a bid of 99.76.
Co.
years as
"
The
(Inc.)
2V4S.
*..'•'
certificates to be issued
June 15,
under the Philadelphia plan are dated
1944, and mature $248,000 annually on each June 15, 19^5 to
inclusive.
Guaranteed Jointly and severally unconditionally as
principal and dividends by endorsement by Central RR. Co. of Pa.
and by the trustees of the property of Central RR. Co. of New Jersey.
Principal and dividends (June and Dec. 15) payable in Philadelphia
or New York City.
Definitive certificates are issuable in coupon, form
in, the denomination of $1,000, registerable as to principal.
Cer¬
tificates are also issuable in denominations of any multiple of $1,000,
registerable as to principal and dividends.
Not redeemable prior to
1959,
to
•maturity.
The
by the
j
^issuance, apd sale Of these certificates are subject to approval
Interstate Commerce Commission.
Central
RR. Co.
of Pa.
is
a
wholly-owned subsidiary of Central RR.
Cp..of ^ewsJersey, debtor, and Is being operated by the trustees of
'the
latter
Interstate Commerce Commission with respect
excess profits tax (estj
——
proportion applic. to minority int._
Int. on parent co.'s long-term oblig.
1,335,200
1,147,900
670,400
88,438
52,488
124,285
62,965
106,413
$401,963
1,209,540
$0.33
$491,800
1,210,042
$0.40
$338,896
1,210,042
$0.28
net
common
stock
(par $12.50)
of which
311,580' shares would be issued in exchange for the presently outstand¬
ing stock.
The
proposed new stock will not be sold but will be issued in ex¬
change for the present outstanding stock on the basis of four shares
or the par value of $12.50 tor each share of the
par value of $50 a
share.
Underwriting Agreement Formed to Purchase Stock—
A
headed
group
by
H.
M.
Byllesby
and
Doyle, O'Connor & Co., Inc., Cruttenden
entered into
&
Co.,
Co.
Inc., and including
and Otis & Co. has
underwriting agreement to purchase from the trustees
of Midland Utilities Co. 249,556 shares ($12.50 par) common stock of
the road.
Public offering will be about mid-July, it is said.—V. 159,
p. 2191.
Childs
argument
Co.
-
an
Judge
Edward A. Conger has postponed until June 22
by the preferred stockholders' committee for a
motion
—
last-in
The
.
(2)
consolidated
The
the quarter
Federal
net
ended April 30,
taxes
income
on
.
81,233
method of inventory valua¬
has been continued for
(Lifo)
first-out
tion adopted at the year-end
subsequent periods.
Jan. 31,
1942,
profit applicable to City Stores Co. for
1942, has been adjusted to give effect to
based
effect under
in
rates
on
the
Internal
amended by the Revenue Act of 1942.
Revenue Code as
Assets—Cash,
Balance
$8,902,033;
U.
Sheet, Jan. 31,
S.
Government
1944
securities,
$2,936,522;
accounts receivable from customers (less reserves of $495,866), $4,241,891;
and notes receivable from vendors and
$10,000), $155,286; merchandise inventories
accounts
of
reserve
tenants
(less
(less
reserves
$311,782), $6,789,772; cash for deposit uunder indentures securing
long-term obligations, $91,800; investment®'and other assets (net),
$1,145,395; land, buildings, equipment'and improvements (net), $20,008,013; goodwill, $1; deferred charges, $406,335; total, $44,677,048.
in
first mortgage installments due
$76,930;
payable,
$318,994; accounts payable, for merchandise, etc., $3,838,112;
payable by subsidiary company (including $90,180 to be
deposited with trustee for retirement of parent company's long-term
1944,
dividend
accrued
$144,005;
collections
State taxes
from
sale
salaries,
of
war
wages,
bonds,
taxes, interest, etc.,
$838*659; Federal and
(less U. S. tax notes purchased for payment of
income
on
such taxes when due of $2,213,835),
$3,632,155; deferred liabilities,
$751,455; first mortgage, $7,689,501; other long-term obligations, $3,'756,333; reserves, $1,396,067; deferred income, $2,243; minority interest,
$6,057,047;
common
stock
(1,209,540 no
par
shares),
$6,047,702;
capital surplus, $1,283,033; earned surplus,' $8,000,551; total, $44,677,048.
•—V.
158,
2359.
p.
Cities Service Power & Light Co.
(& Subs.)—Annual
Report—
Comparative Consolidated Income Account for Calendar Years
tl942
1943
Gross
operating revenue-.,,-.—*—
r
Operating expenses and general taxes
Net
Other
operating
Gross
Interest
on
Power
Federal
excess
income
8,076,356
—
and
surtaxes—
-
—
profits taxes
taxes—
—
——
income
Dividends, paid
Service
*After
Power
debt
on
&
preferred stock
Light Company
retirement
credit
7,992,676
2,974,725
5,865,907
5,477,236
1,074,222
.100,953
1,004,361
$5,851,910
1,060,418
on funded debt of Cities SerLight Co
2,806,221
$6,194,483
&
normal
^Federal
Net
3,436,739
other charges (excl. of int. charges
debt of Cities Service Power &
Light Co.)
charges
State
3,111,322
$24,118,142 $23,379,601
—
funded
Interest
vice
—
35,943,640
$21,006,819 $19,942,862
revenue-———
—
income
&
$63,559,748 $55,886,502
42,552,928
income
1,067,236
*
78,694
Cities
of
$103,541 in
and post-war refund $15,741 in 1943 and
to re'lee t the exclusion of the figures
1943 and $31,335 in 1942
$80,260. In 1942, i.tAdjusted
relating^tq^he, operations of
subsidiaries
sold, during
the
Consolidated
Co.—Hearing Postponed—
on
,
profit applic. to City
Notes—(1)
r
to the
Federal
company.
The application to the
1942
$1,196,942
$844,262;
bid 99 Vb for an 80%
Offered—A group headed by Halsey, Stuart & Co., Inc.,
on June 7 offered $3,720,000 21A %• equipment trust cer¬
1943
$1,826,950
obligations),
Chicago South Shore & South Bend RR.—Stock Split—
one.
$1,408,175
1944
Liabilities—Note
ICC
four for
$1,332,687
$1,878,089
is
,77,895 shares mentioned, 62,389 shares are owned, subject
right of pledgees, by the trustees of the estate of the Midland
Utilities Co. which has been since June 9, 1934, in reorganization pro¬
ceedings under section 77B of the Bankruptcy Act.
The remaining
15,506 shares are owned by about 2,375 public stockholders.
The
trustees
propose
to petition the cou,rt
having Jurisdiction of the
reorganization proceedings for an order authorizing them to sell such
stock held by them.
The trustees are of the opinion that the reduc¬
tion of the par value of the stock from $50 to $12.50 a share and the
conversion of each share of the present stock into 4 shares of the
par value of $12.50.a share will facilitate the sale of the stock.' They
will apply to the court for authorization to vote the stock owned by
them in favor of amending the articles of incorporation so
as to
provide for the proposed split-up.
*
The directors
have adopted resolutions proposing amendments to
the articles of incorporation which would provide for an authorized
of Pennsylvania—Equipment Trusts
337,505
of
exceeding
Of
RR. Co.
Central
447,684
293,460
deducting post-war refund of $473,620 in 1944 and $287,510
/■',
/
Earnings for Quarter Ended April 30 (Incl. Subs.)
Consolidated
renegotiation
Notes—
The
366,988
,
Consol. net prof. bef. taxes and int.
Fed. norm. inc. tax and surtax and
provision has
1349.
"
Chicago, Rock Island
$2,193,364
•
.
240,875
—
profit for period
After
$1,993,135
$1,513,697
obligations
Net
106,158
10,369
376,401
by City Stores Co—„
City Stores Co.'s long-term
on
379,761
1,025,543
391,500
120,313
Cr3,25l
'
/
sales to foreign subsidiaries/
been made for
possible liability in connection with patent litigation decided against
the
domestic subsidiary company as the amount thereof is not at
present determinable.
Results of operations of all foreign subsidi¬
aries
.598,11?
,
.
,
not owned
Int.
500,000
$548,380
Notes—(1) The report states the possible effect on
not
■
ganization—
The
500,000
$513,996
1,875,000
♦
1 declared a dividend of 10 cents per share
stock, * par 50 cents, payable June 26 to holders of
Payments in 1943 were as follows:
Feb. 19 and
June 28, five cents each, and Oct. 1, 10 cents.—V, 159, p. 2189.
The
record
2,739,000.
„
common
$2,779,997
'
4,917,000|
479,716
608,234
$2,580,973
—
Stores
$3,787,380
$5,430,996
and
normal
V; excess profits
taxes
Provision for contingencies—
450,335
•
profit of sub. applicable
and com. stks. of subsid.
pfd.
Outstdg. shrs. of com. stk. (par $5)
fearnings per share—
1942
•
charges, but before
*>Includes realized profits on
on
to
Consol.
-1943
'
excess
Total-
Sales Company)
1944
payable, etc.,
amort.,,,,,-;
Amt. of net
Chicago Pneumatic Tool Co.—Earnings—
(no
deprec. and
for
of this company were filed
at Madison, Wis., on May 15, a recent
The company previously-had been
states.
„
Centlivre Brewing
for
in 1943.
incorporated in Wisconsin, Illinois and Michigan, but under a plan of
reorganization approved by the Illinois Federal Court it will be in¬
corporated only in Wisconsin.—V. 159, pp. 229, 1969/
Exchange has
common
mtges., notes
on
496,728
;
.Common—
additional
$4,701,027
978,643
*2,582,690
date
Aug. 10, which is three weeks earlier than usual. 7
also the company advanced farther its program to
Aldens Chicago Mail Order Co. by which it is
all of its customers throughout the country—V, 159,
„
$5,185,059
249,416
names
1349.
484,032
$7,226,292
1,029,671
profits tax (est.)—* *4,285,580
State income tax (est.),/,,-,-,,,,
189,092
Adj. of prior year (est.)——
Cr8,677
Prov. for post-war conting,—_
450,000
Chicago & North Western Ry.—Incorporation—
shall be amended to
1527.
America
Government's
394,477
sundry
chgs., doubtful
accts., etc. (net)—
Fed. normal inc. tax and surtax (est.)
•
enlarge the powers of the corporation with respectjto the kinds and
of goods, articles and merchandise the corporation may manu¬
and
the
the
By-Laws—
types
facture,
of
this
In
publicize
6 on approving a proposal that the
the
with
Because
now
stockholders will vote June
The
line
$6,831,815
$9,325,821
383,386
616,380
;
———
Total
Prov.
manpower/
paper, and hard-to-get materials, this company, which specializes in
family apparel, has combined its regular May and .July sales Into
one small flyer which is now being mailed to its customers.
P.
Casco Products Corp.—To Amend
-
Federal
In
$8,704,041
621,780
—-,U
income
Prov.
.March
Chicago Mail Order Co.—Mails Flyer—
Net oper. revenuesOther income (net)——
Total
Other
on
1,425,000
$345,757
directors
Assets—Capital
(including
assets,
Canadian
year
Balance
1943.
$312,800,188;
funds
.
Sheet, Dec.
$1,720,005
cash
at
in
81/1943
>
^
fia'nks and !
approx,
op
^haftd
exchange" basis'),
Volume
424;
for
June
receivable,
(including
prepaid insurance,
at average cost, $3,129,538;
materials),
$668,831; other
charges, $9,253,693; total, $359,278,804.
other
and
May
13—
preferred
cumulative
Liabilities—$7
stock
deferred
$127,412;
assets,
expenses,
shares,
(55,390
no
preferred stock (70,448 shares, no
preferred stock (50,000. shares, ho
$4,400,000; common stock ($100 par), $60,000,000;
subsidiary
panies, preferred stocks in hands of public, $43,088,953; minority
$5,539,000;
$6,937,230;
cumulative
cumulative
$6
$5
subsidiary
in
interest
stockholders'
(capital
companies
1943
State
% Incr.
B.
and
par),
par);
——
5.9
cruals,
185,291,000 179,593,000
183,759,000 174,980,000
184,756,000 174,633,000
—-
8.6
$684,366;
5.0
organization,
com¬
stocks
Lamber.—V.
A.
Curtis
They will be
30.
159,
succeeded by
2192.
p.
Commercial Mackay Corp.
.
.
Alex
Public
Kansas
June
tions
(& Subs.)—Earnings—
80
quested
the
the
998,046
$1,747,221
•
798,448
239,859
219,097
200,810
191,813
The
cost
basis.
50,000
ferred
and
—_—,
expenses
Federal income
S.
U.
for
Net
130,188
the
sale
held
refund
present
indebtedness of the Empire company,
Net
outstanding
10,152
the
—-
%
t,
--
•
-
•
Net
Dearborn
Consolidated
below.—V.
Corp.,
159,
p.
The
public
Sales
$7,588,849
—,
—V.
tion
of
the
The
net
effective
Fed.
prof,
excess
than
; transferred
Dividend
Net
to
a
The
I
the
—/l
Marketable
S.
U.
——-T-——
-
securities •.!.——-
and
Inventories
Fixed
assets,
Federal
—.—
notes, tax series C——-——6,517,315
sundry notes- receivable
:
4,699,703
/——;—-——
13,759,489
Treasury
Accounts
less
reserves^uu-.—
profitS'.tBX post
excess
—_
credits.—
war
163,272
assets
Other
Total
~
Liabilities—
loan_iUi4.«I
payable
and
accruals
Miscellaneous
Accrued
——-——
reserves——_
U.
Total
reserves
stock
Capital
obligations———■——
contractual
Deferred
....a——.
——
—a,———;
———,—
Surplus
—■—
—
-V.
159,
s.
„
■
Court
Supreme
corporation
the
of
Efforts
a
to obtain,
by
The
not
not
be
as
2,228,370
be
5,005,000
Power
16,658,119
4,459,612
latter
had
of
come
the
193,500
'control
of
as.an
case,
claims
claims
Ccurt
to
brought
speed
under
up
the
the
adjudication
Act,
by the Government.—V.
Electricity'
excluding
an
5.9%
be
A.
to
pay
shares
of
to
new
to
of
its
basis.
about
$10.15
July
$7.50
share,
per
preferred stock and the $5
which
in
securities
these
cumulative
than
to
are
preferred
stock
will
entitled
be
of
$7.50
a
dividend.
$5,
of
by the
certificate of
resenting
tors,
one
will
meet
June
19
to
vote
bare
a
meeting
changing the by-laws
on
present
at
a
directors.
to eliminate cumur
as
so
Such
Dec.
on
representing 11.12%
group
meeting
could
could
elect
elect
four
of the voting
one director
directors,
is
that
voting securities to
'
a
group
rep¬
and
election
assure
vote
one
of
a
than
more
majority of the
.
the
the
a
quorum, such group at present would need
of the voting securities represented at the
a
87.5%
election of the whole board
assure
the
of
board.
amendment
such
after adop¬
the .voting securities represented at the
electing the whole board of eight direc¬
of
assure
course
than
more
com¬
change
proposed
a
provision has been
14, 1925, at the time
The following examples illustrate the
cumulative voting for directors would
adopted
annual
an
majority
could
assuming of
vote
62.5%
judgment
by-laws
of
the
should
voting
for
management
be
and
the
board
changed to eliminate
159, p. 1552.
the
of
directors
provision
for
'
'.i;
directors.—V.
'• \
■
■
■
:■
.
Consolidated RRs. of Cuba
Quarter Ended March 31—
Net
the
on
shares.
vote
representing about 45%
meeting to
It
incorporation
also has authorized 1,000,000 shares of
which 347,700 shares are outstanding.
would not be able to elect any directors to the board
profit after chgs.
(& Subs.)—Earnings1944
.
taxes-.-
and
1943
$1,777,466
1942
.
$1,410,721
$821,437
Earnings of Parent Company Only
Net
•
loss
after
all
"Profit.—V.
stock
common*
15% to
charges
159,
$2,088
636.
p„
/
$2,459
*$3,256
,
share¬
would
addition, the corporation ijvould
might be reduced to.' $12,75,
" y'/ /."/f''y;v
'
.
file
The
exceptions and briefs'",
date
for
oral
Consolidated Retail Stores, Inc.—May Sales Up^—
Period End.
May 31—
1944—Month—1943
Sales
—V.
$1,681,383
1944—5 Mos.—1943
$1,278,963
$8,613,207
$8,021,559
159, p. 1970.
Continental Gas & Electric Corp.
be
would
common
which
to
-
(& Subs.)—Earnings
1944
$49,425,891
Operating
State
23,250,502
4,493,341
103,995
3,524,567
88,200
expenses
jlocal and miscell. Federal taxes'-—.!'
income
Federal
$41,631,423
26,631,353
Subsidiary operating companies—
revenues
!
State,,
1943
•
Operating
'
__
taxes-!---!-.,_-------t_lTLr.^---
income
and
profits taxes.-'——-
excess
7,380,661
4,452,271
$10,816,541
$10,316,884
29,247
53,950
-
Reply
will
arguments
be
Net
operating
income
income
(net)/——
1
a
dividend
June
on
of
$1.25
5
authorized
share
a
approved
by
the
the
the
on
stock
income
t
Income
cumulative
preferred
stock
(no
deductions
—I-
4,394,146
are
3,682,473
$6,451,642
$6,687,361
$2,474,975
156,278
$2,474,975
156,273
221,906
Balance
It will
Commission.—-V.
par), which
$10,845,788 $10,369,934
—
211,497
1,-
aggre¬
Continental Gas & Electric
159,
Interest
159,
$100
Approved—
preferred
outstanding,—V.
at
or,
12 Months Ended March 31—
.
of $4.75
such
represented
group
annual
a
northern- subsidiaries
four
In
stock.
those'previously
-
The
tion of the proposed by-laws amendment.
B.
WHEREAS under the proposed
by-laws
share.
a
preferred and
of =$3.50,
10.
eight cents
of
Exchange Commission
on
callable
be
sinking fund provision for the
stock such as is provided
no
transaction
company
par
preferred
Other
and
pre¬
equally' in
rather
WHEREAS at
a
group
comply with the
Circuit Court of
equivalent, to
to
class
stocks
same
July
on
debentures
on
issued
General
State,
of
debt
and
expense—
expenses
local
Federal
and
miscell.
income
Income
Corp.—
——
discount
from
Federal
taxes—
26,304
taxes.—
investments/—
6,523
70,651
—Dr30,476
Cr48,375
$2,973,786
other
124,800
$2,871,563
3,477,856
3,815,809
2192.
p.
has announced the
company
Lyleson
Corp.
Corp.
$400,000 and land
for
a
City
the
and
cash
to
Carlyle,
a
76th
Street.
New
owns
Avenue
136,430
and
sale of
Investing'
its
Co.
interest
of
New
the whollyYork.
Lyleson
consideration above the
$2,290,000.
The
sale
first mortgage.—V.
income
net
require,
__^
prior
on
preference
stock.— '
1,320,053
1,320,053
$2,157,803
$2,495,756
$10.06
$11.64
in
40-story apartment hotel
at
Madison
York, N. Y.
The land is assessed at
building at
_____
Consolidated
Dividend
p,
________—
Earnings per share of
common
stock———
Acquisition—
reported
was
158,
Balance
See
84.
North
:
American
V
'
.
Light & Power Co.; below.—V, 158,
p>
2189.
,
2,742,237
5,000,000
"•
The company on June 7 announced that Systetn
outpiit 'of electricity
(electricity generated and purchased) for the week ended June 4, 1944,
amounted to 164,500,000 kwh., compared with 179,800,000 kwh. for the
corresponding week of 1943, a decrease of 8.5%.
Local distribution of
electricity amounted to 160,200,000 kwh., compared with 177,900,000
kwh, 'for/the corresponding week of last year, a decrease of 9.9%,—
v. 159, p, 2300.
; • /. y
"
/
'
Bars Plea
direct appeal to the U.
Continental Motors Corp.—New Director—
Consolidated Edison Co. of New York, Inc.—Output—
8,322,988
S.
.
.
Consolidated Gas Utilities
Expenses
Prov.
apd
for
taxes
depree.
"
1944
" $4,011,468
revenues
'
&
depl._„—__
!
,
.
Corp.—Earnings—
Years Ended April 30—
Operating
472,393
Fred
directors
of
Balance
$1,169,588
income
Other
' 1942
$1,224,536
J.
Kennedy
,
Mr,. Schlesinger fills the vacancy
Van Alstyne.—V. .159; p. 2300.
Continental
Income—Int.
Telephone
Other,
and
divs.
income
Total
I
subsid.
>
3,446
10,390
$1,175,877
Income
Net
deductions
$1,227,982
$951,955
311,419
income
323,370
353,803
$844,457
_______
—
—1
of the issue.
Such appeal is
in certain anti-trust law cases
Balance
.Sheet,
$904,612
$598,152
April
Net
1944
•notes,
series
debtedness,
$419,841;
deferred
„
C,
$453,343;
$100,219;
accounts
indebtedness
of
charges, $70,534;
Liabilities—Capital stock
accounts
payable,
United
$154,645;
States
receivable
treasury
(less
employees,. $2,227;
total, $18,508,686.
(par $1), $886,027;
accrued
certificates
reserve
of
inventories,
income
—
taxes* (other
than
j
$47,756
11,796
,
——
14,515
9,562
—"I.¬
of
,
$27,303
$33,241
*
*
'
Balance
company
Write-off
process
sale
for
of
—
of
stock
of
of
138 251
;
deferred
'
in
expense
of amortization
"
in¬
$17,479)',
Surplus—March
31
Federal
and
Assets—Investments,
$2,601,463.
bri64?42B
S90,342,,!;iV$,174i,038
$187,255;
$6,182,000:
189,131
subsid.
retirement
balance
$11,084
69,703
—
preferred
8,750
13,403
$20,639
surplus
surplus
from
2,833
3,830
Preferred
Balance
funded debt.
4,722
$48,661
—;
debentures———————„
Preferred
6V2 %
Credit
Assets—Property,
plant
and
equipment,
$15,505,358;
intangible
assets, $842,964; investments, $9,914; special deposits, $28,359; cash
in banks and on hand, $887,672;
United States of America savings
159, p. 2192.,
7%
Previous
30,
<
291
'
———
taxes.
1943
'$43,034
•
Dividends accrued:
/
,
$48,371
cos.
—J—
and
expenses
)
1944
..
from
income
on
Mr.
,
h.
Operating
resignation, of
$941,565
6,289
income
Gross
the
by
Co.—Earnings—
.
ree'd
caused
$2,758,672
1',729,320
1,425,895
400,524' ..391,212
2,369,487
partner 'of Van Alstyne, Noel & Co.; has been
to* fill the vacancy caused by the death of Leslie L.
and A., A, Schlesinger have been elected
Continental Aviation & Engineering Corp., a subsidiary.
director
a
Vivian.
3 Months Ended March 31—
•-
1943
$3,354,380
David Van- Alstyne Jr.,
elected
Interest
Fuel Gas Corp. in the
The U. S. Government
and. objected to allowance
kilowatt-hour output totals of the past four weeks and
pefcentage''comparisons with last year:
would
have until June 26
5,117,810
757,000
of the Commonwealth ..Edison group of companies,
to other electric utilities, for the week ended June 3,
increase over the corresponding period of 1943.
Fol¬
lowing are the
the
6,187,653
ofrlput'
sales
to
Third
stock.
shares
stockholders
Gross
owned
Commonwealth Edison Co.—Weekly Output—
showed
the
cumulative
preferred
authorized for issuance
The
subsidiaries—
and
common
single
common
on
stock
Total
the
based
Expediting
basis
upheld by
the
that
u
Subsequently the District Court ruled that Columbia's claims should
•not be allowed and the company sought direct appeal .to the Supreme
•allowed
three
future,
25,000
stock,
the
or
to
held
Consolidated Dearborn Corp., Chicago—Sale of Sub.—
on
were
be
later.
similar
and
,
Corp.,- and
the
distributipn
Securities
shares
intervenor,
ground that the stock and bonds on
had been used by Columbia to secure
the companies in violation df the anti-trust law.
the
into
Columbia's
which
Gas
meeting
a
Consolidated Cigrar Corp.—Listing of $4.75 Cumul. Pfd.
The New York'Stock Exchange has authorized the listing of 40,000
153,147
159,
exchanged and the proposed change is recommended
it may be advisable to issue cumulative preierred
dividend
Amortization
Kentucky
companies'. reorganization proceedings.
Inland
one-stock
a
stock
present
basis of 85%
a
due
are
case
Co,,
plan
preferred stocks of
$44,000,000
share of preferred
2300.
p.
11,454,056
complainant, but only as a party to a bankruptcy proceeding.
arose out of Columbia's claims against American Fuel
&
a
The
the
of
outstanding.
The payment,
gating $1,852,500, will go to stockholders of record of June^l7.
determination of anti-trust charges brought
the high tribunal May 22, which
speedy
company's
on
corporation
appeal.
high court held that the expedited appeals procedure could
resorted to because the Government had acted in
the case
the
the
The
482,000
$2,997,747
and 1942.—V.
'
Preferred Dividend
by the Government were rebuffed by
dismissed
be
the
in
securities
y., , •-!•
1
of ',the corporation's system were estimated by
between,,$16,000,000 and $18,000,000 annually, with
plan
parties
The
Columbia Gas & Electric Corp.—High Court
on
„,
„
preferred
cash
a
briefs
2192.
p.
.
would
power
$5
voting in the election of
in the by-laws since they were
this corporation was formed.
changes that the elimination of
bring about:
Illinois
between
on
announced
$36,720,935 $43,149,552
—a. .'..i—~
_~
voting
would
be
of
share
pending
or
They will also
earnings
the
each
658,400
5,000,000
6,226,541
the
April ,9/ 1942,
as
distributed
on
/
Total-.,.—-».
and
make
1,227,033
136,094
2,973,637
that
recapitalize
income
holders.
be
331,300
agreement
in
Power
of
present
2,385,085
merchandise, etc.
under renegotiation
Govt,
S.
of
would
would
no
cumulative
found
to
future
allocated
$36,720,935 $43,149,552
1,668,276
t&xcs
Indebtedness for advances for
Due
-
date
effective
•
Under
$1,111,635
per
preferred stock would be similar
the rate of dividends and ex¬
$5
new
stock
lative
inclusion in the plan of minimunr protection provisions
required.
pointed out that the corporation was under an "absolute
divisiqn
the
$18,000,000 $13,000,000
i—
distribution
the. new
Central
order
share
ii)
Wotes payable, V
Accounts
4,332,142
174,832
a
was
$47,000,000; • The staff esti¬
mated that if the prospective earnings were increased by certain sav¬
ings in taxes and expenses that might result from proposed distribu¬
tion of the corporation's northern subsidiaries, earnings applicable to
1943
$4,880,676
2,193,506
of common stock, the division
approval unless the plan were
prevision for stockholders' approval of
withhold
eliminate
after
Appeals/
$1,259,335
1943,
28,
30 cents
per share, both
Special distribu¬
the event
remains.
board.
group
The
Sheet, April 23
1944
Condensed Balance
,
—
days,
mandate"
sustained
■Assets—
is
the
ferred
a
Consumers
SEC's
$2,705,285
15.
presently authorized cumulative preferred
stock, there are only 3,442 shares outstanding.
After deducting stock
purchased and retired, a balance of 20,281 shares of cumulative pre¬
approved,
class
single
SEC
there
preferred
stock
in
$5
a
Of
that
new
customarily
"Subsequently reduced to $1,008,100 for the year 1943 because
during the last six months.
losses
conditionally
.
that
division
All
surplus—— t$l,100,580
to
addition
to
recommended
147.750
—--—.•/■■■
stock
Co.,' the Southern Indiana Gas & Electric Co.,
Light Co.—were
"not vested
with
rights
equivalent to those which -the Commission has deemed essential" and
—_67,500
surplus- —„t$l,100,580
paid
tLoss.
Cash
—
.
and
CO
elect
year's
credit-——
post-War
tax
$7.50
issued, sold
"the advantages of control of the proxy machinery
possible unrepresentative board of directors to retain
control," the division recommended that within 150 days, but not less
*1,378,400
_——
of current
in amount
conting,
Balance
of
inc. & exc. prof, taxes t$l, 100,580
excess profits
taxes,
SEC
Such
redemption
that
added that
enable
do not
&
credit—.—
of post-war
for
Prov.
'
income
the
of
.
Jan. 1 to
of
cents
the distribution of assets in
dissolution,' and would receive'* the
percentage of any accrued unpaid dividends.
The
incorporation of customary requirements
shares and on the nomination and
board of directors following reorganization,
new
a
.
.
Apr. 23, '44 Apr. 30, '43
,
Fed.
for
of
insure
The
income, before Fed.
the
sought
Also
group
To
•
Dec.
30
June
record
on
dividend
of
recommended
pf involuntary; liquidation
mon
while the new common stock of Common¬
wealth & Southern would be entitled to. one vote a share, the amended
.plan
did' not
"provide adequate
assurance
that
the
new
stock¬
holders
will be, able to. exercise fully
their newly-acquired
voting rights."
'
/'o /
: :
6
Colt's Patent Fire Arms Manufacturing Co.—Earnings
Period—
division
has
preferred
that
and
There
division
gross
Net
Corp.—Weekly Output—
directors
$5
be
voting, rights of preferred
The
the
■
made
were
.
Conditionally Approved—
new
that
further to
plan.
the
rthe
Prov.
$108,803
proposed a
15-day
period in which the suggested
amendments might
be filed.
If they were not made, the division
said, it would consider further action by court order.
:
Jan.1 to
proposed
a
election
r
1551.
159, p.
Southern
&
utilities
recommended
,
,
$518,850
the
case
,
May 29, an amended, plan of recapitalization filed by the. corporation,.
While approving the plan in its general outlines, including alloca¬
1944—21 Wks.—1943
$6,485,958 $38,373,784 $34,996,529
1944—4 Wks.—1943
27—
the
preferred
—I
_
'
1444.
Amended Plan
The
Colonial Stores, Inc.—Sales Show Gain—
45,741
tory served for the week ended June 1, 1944, amounted to 236,506,900
compared with 227,882,351 for the corresponding week in 1943, an
of 8,624,549, or 3.78',).,
.
733.!
dividend
of
surplus.
(Boston)—-Special Div.
special
a
earned
preferred Stock except for
except
tor
$154,546
40,700
as
'
Period End. May
$559,550
'W-
increase
& Light
City Investing Co. (N. Y.)—Acquisition—
income debs.—
on
of
this corporation adjusted to show general business conditions of terri¬
and
See
and
4,672
of Commercial Mackay
income
159, p.
Commonwealth
public competitive bidding the new bonds of the Empire District Elec¬
And that all of the $3,500,000 par value of common stock of
J
Dr3,934
The weekly kilowatt hour output of electric energy of subsidiaries
tric Co.
the merged corporation to be acquired by Cities Service Power
Co. will be similarly sold to the public."—V. 159, p, 1247. - -
before interest
inebme debs,
on
amended
-
each
cumulative.
that
so
—V.
on
;
declared
stockholders
to
of
$7.50
cept
$149,874
——
(net)————
$564,484
be
would
same
The entire program
6
quarterly
$8,378;
636.
p.
authorized
but
not
outstanding
(amounting to 20,281
changed from $7.50 cumulative preierred stock to preferred
Stock subject to dividends at the rate of $5 per share per annum when
authorized and declared by the board of directors, v/hich dividends
113,411
;—
Corp. -—j./-/—--.I■JU-Avw—
publicly-
presented by the plan will be voted on by stock¬
holders at an early meeting to be called for that purpose.
•• :< >
R. E. Burger, President of Cities Service Power & Light Co.; states:
V' "It is expected that after satisfactory-conclusions of proceedings
before public authorities and voting by stockholders on the merger
and the isstie of new bonds Empire District Electric Co. will offer for
operations.
income
income
Interest
all indebtedness of the other
cancelled upon the merger.
companies being
1
will
these'securities
surplus,
159,
be
purchase
•
of
ac¬
income,
Consolidated Laundries Corp.—To Create New Stock
214,426
9,627
exchange!,——
from
income
Non-operating
preferred
on
Issue—Seeks Elimination of Cumulative Voting—
shares)
200,130
——
.
depreciation.^——./.»•
for
foreign
on
••
tax—;
S. Federal excess prolits tax__-
taxes
Provision
publicly-held
taxes
stock
Loss
preferred stock will be converted into new 5%.
stock of the merged company share for share
and holders will receive, in addition, cash equal to the arrears in divi¬
dends, of $19.50 per share/plus current dividends to merger date.
The merged company will also issue $10,600,000 3% 59
bonds and
$650,000 par value of the new 5% preferred and with net proceeds of
The
cumulative
30
board
275,500
60,750
Other
of
June
usual
cents
$2,679,394
'company
requirements
miscellaneous
State
1943
——
:—
repairs/
miscellaneous
Provision for U.
on—completion"of the ' merger ' in conformity
Public Utility Holding Company Act.
The SEC
-will hold hearings on the proposal June
20.
The four subsidiaries whose merger is planned serve the "Empire
District," comprising the junction of the States of Missouri, Kansas
and Oklahoma and extending into Arkansas.
The new company will
keep the name of Empire District Electric Co.
The merger plan calls for the exchange by Cities Service Power &
Light Co. of its holdings of $1,559,100 first mortgage 5% bonds, $4,080,200 G'r
preferred Stock and $1,942,900 common stock of Empire
District Electric,
together with all outstanding capital, stock of the
other three companies, for $3,500,000 par value of the merged com-'
pany's common stock.
Power & Light's investment in the entire four
companies amounts to $9,970,846 and capital surplus created by the
exchange of these securities for new common will be used largely to
adjust book cost pf utility plant of the merged company to an original
merged
of
$69,377;
and
734.
P-
1944
revenues
Provision
to merge Empire District Electric Co., Ozark
County Water, Light &> Cold Storage Co. and
Utilities Corp., subsidiaries.
Company also has re¬
SEC to approve the public sale of it3 entire interest in
paid-in
$18,508,686.—V.
on
the
and
County
with
and
operation.^..—,—•——
General
Lawrence
Co.,
Benton
trustees
share
Maintenance
application
an
Utilities
accrued,
Federal
Consolidated Investment Trust
The
D. Bailey
Expenses, of
Operating
has filed with the Securities and Exchange Commission,
Service Commission and
Corporation Commission of
The company
Missouri
$3,375,368;
,
Ended March 31—
3 Months
District—
To Merge Subsidiaries in Empire
for
deposits, $167,108; reserves, $4,370,351; deferred
contributions for extensions, $4,805; capital surplus at
total,
payable
com¬
interest
provision
consumers'
$2,529,948;
to
".
$18,226;
Declercq,
retire June
will
and
$52,231;
credits, $5,856;
5.8
Vice-President in charge of operating and engineering,
Vice-President in charge of service and construc¬
Gear,
G.
A.
tion,
income),
177,602,000 167,724,000
———.4
——
20u_r
H.
par),
related
and
1944
2413
Two New Directors—
portion of surplus $1,629,988), $4,699,088;.
funded and other long term debt, $163,708,632; notes payable (un¬
secured) to bank ($142,000)
and to others ($195,016), $337,016; ac¬
counts payable, $2,225,282;
accrued interest on funded debt ($1,818,777)
and unpresented coupons
($762,577), $2,581,354;. accrued taxes
and other charges, $3,044,332; preferred dividends accrued or payable
(subsidiary
companies),
$368,568;
consumers'
deposits,. $1,570,823;
provision-tor Federal taxes on income,
$8,274,416; other liabilities,
$1,438,932; reserves, $34,354,039; capital surplus, $71,865; earned sur¬
plus, $16,639,295;, total, $359,278,804.
,
. V.
, ,f-r,
..
1 t
;>V< o
$3,069,080,
T
.
——
27—
$278,975; materials and supplies
resale, at average cost,
construction
taxes
3
May
May
accounts
other
mon
Week Ended—
securities of U. S. Government, $858,594; consumers' ac¬
$4,637,875; merchandise-accounts receivable, $554,and notes receivable, $203,688;- merchandise held
$26,765,587;
counts
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
159,
Sheet, March 31, 1941
$2,260,308;
cash
in
'*r
bank&/";$£4£i£6;S '.• total,
'
0
"■
'
•
cumulative
preferred stock (par $100), $235,700;
common
stock
(par $5), $1,047,350; funded debt, $900,000; accounts
payable, $1,450; accrued taxes, $11,053; accrued dividends, $6,905;
employees'
benefit
fund reserve, $4,979;
capital surplus, $36,783;
surplus reserve for general contingencies, $105,000; earned surplus,
$90,342; total, $2,601,463.
6Va%
''
($100 par)
stock ($100 par) (shares)
V,
statute
of
,
.
suit brought by two minonty stock¬
holders against Corn Products Refining Co. which sought an accounting
of net profits of the company from 1934 to 1939 and reimbursement
to company of moneys which they alleged were wrongfully paid by
the company in connection with a profit sharing plan.
Corn Products in a statement said, "This is an attack upon a profitsharing plan for
emplovees which was instituted by the directors
and has, been operating "since 1917, and ratified by the stockholders
ruled
Collins
upon
except as re¬
'''/■■
",-v ;■
principal
\ ■> '■
Opcr.
a
other
Income
&
$6,069,749
$4,625,217
$3,514,275
$3,176,919
3,752,760
261,232
2,914,259
224,702
2,393,027
2,253,869
209,901
188,998
;
613,127
416,£23
$515,728
"Includes
on
186,063
$329,665
Cr5,209
450,000
450,000
$3,692,289
$3,523,691
$3,434,173
700,000
$1.71
700,000
$1.77..
,
.7'"' '•>
-.7
7
out-
700,000
$1.52
profits taxes, of
700,000
$1.63
,
income and excess
1942 (after U. S. post-war excess,
for Federal
1943 and $2,856,610 in
375
9,000
,
.
$724,545
$489,048
$330,040
281,753
282,180
Net
12,849
24,784
24,640
$465,399
$194,444
$23,075
$24,640
Shares
336,395
53,771,
stock
■
.
$515,085
225,000
$504,973
262,500
out-
$525,124
:225,000
262,500
262,500
350,000
700,000
$0.41
700,000'
—
com.
$895,139
697,361
51,291
$501,104
450,000
—
dividends
1941
$1,263,737
758,720
v 48,917
924,14242,055
-
1942
1943
$1,332,761
$1,476,301
sources
etc
profit
div. requirement—
Pref.
282,180
2,809
bends
deductions
all
taxes,
Depreciation
$331,460
256,337
income—
t
(incl. subs.)
Quarter Ended March 31
Account for
1944
$322,460
25,66 7
mtge.
31
provision
from
Federal
186,063
146,049
$463,379
•
Other
$3,878,964
9,314
450,000
par)
share——
per
Common
■tlftt.
$3,983,005
22,819
450,000
$3,990,484
stock
$3,247,525 in
$508,523
prop.
$724,545
corp.
$4,165,108
Crl4,496
204,626
$609,428
879,211
income
Gross
Dr50,263-
263,700
$724,545 '7
Balance
Other
3,466,833
7,563
(no
Income
revenues—-
leased
for
$462,394
3,434,173
5,135
adjusts
Dec.
com.
Earnings
re¬
'
Rent
$541,269
3,523,691
profits tax credit).
452,000
oper.
7
$636,282
3,692,289
133,592
$4,425,987
-standing
Earns,
Net
1921.
Up to the time of the instituting of this litigation the methods of
computation have never been questioned. The stock owned by plain¬
amounts to only 13/10.0COths of 1% of the outstanding common
gtock and has a value of less than $2,000. The officials and directors
of the company feel the plan has always been operated with integrity
and fairness and in accordance with the law and the by-laws of the
-V-
appropriations,
serve
1,050,000
$600,106
surplus
Shares
1940
retirement
450,000
1,050,000
—"
Surplus,
Years
1941
'•_
Property
450,000
1,050,000
250,000
1942
inc.
profits
450,000
Sundry tax adjustments
Acer. pref. divs. payable
400.000
1943
than
excess
226,287-
$1,962,394
1,050,000
Balance
.
500,000
-
taxes
exel,
exps.,
Taxes,
212,009
$2,041,269
surplus
Miscell.
750,000
,,
———
Summary of Earnings for Calendar
revenues
199,076
$2,136,282
450,000
$1,100,000
--------
12 Mos. End. Dec. 31—
Operating
previous
*"3,567,448
1,373,963
$2,100,106
_7—i.:
dividends
Surplus
,,
Marks-& Do,—
M.
taxes
successful in defending stockholders
directors who are
expenses of
'•
-
Stifel, Nicolaus & Co., Inc.—
'
Justice
■
Pierce & Co., Inc.—
Securities Corp
Laurence
valid Section 61-B of the general corporation
law, which provides that no stockholders' action may be brought
unless the suing stockholders own at least 5%
of the outstanding
stock or shares of a value in excess of $50,000 without posting security,
The court also upheld Section 61-A, which requires a corporation to
actions.
•
.
the
Peabody &
Collins declared
-Justice
bonds
amount
Rauscher,
Equitable
also ruled that the
now pending before
•
of
names
$3,562,644
1,672,973
190,710
Common dividends
underwriters and'-; the
underwritten by each are as follows: <>■
Underwriters—The"
Kidder,
Court Justice William T. Collins, who
was
retroactive and applies to actions
Supreme
Preferred
Bonds
income
Net
1940
$3,926,251
77 1942
('4,923,499
—
32,500
issued.
■
1941
$5,902,806
1943
$7,214,315
etc.-—_
taxes,
Depreciation
32,500
additional bonds of the first 1-5 series may, be
other series may be issued in unlimited amounts,
of
Federal
7
7
sources
3,843
—
.
all
from
$3,000,000
3,843
'
"No
,
scope of minority
16 by New _York
recently enacted New York law limiting the
stockholder suits was declared constitutional, May
Amount 7 the Present
7
Years—■!
Calendar
Earns,
Authorized Refinancing
stock, cumul.
Common
i
to Reflect ■"
■.
(& Subs.)—Earnings-
Diamond Match Co.
-
Adjusted
•'*77 7-..1
;
to 1959—J- '
(shares).-—-
serial bonds, due 1945
mtge.
7%- pfd.
Suits—
Stockholder
The
in
'
Funded Debt—:
Co.—Court Upholds N. Y. Law
Corn Products Refining
pay
.7 :,
stricted by the mortgage.
'
On
.7
-
First
2301.
p.
■'
'
'
j
159,
acquisition.,—V.
of
dates
at
thereof
values
book
1
.
$1,925,400 less than the
carried at an amount
Note—Investments are
underlying
Financing,^.,,
Capitalization Giving Effect to Present
'•>
$100),
participating preferred stock {par
cumulative
Liabilities—7%
$161,900;
Monday, June 12, 1944
FINANCIAL; CHRONICLE
THE COMMERCIAL &
2414
•-
,
/
700,000
$0.43
<
.
.
700,000
$0.41
standing (no par)—
Earnings per share-—
,
.
225,000
.
$0.4$
tiffs
the
that
their counsel and account¬
have been advised by
they
and
company
ants
merit—V. 159, p. 2078.
is without
suit
Net
income
_____
lease
October,. 1942,
requirement
tinterest
for $34,500,000—Monopoly
of Tubing Charged—
Manufacture
In
aggregating $34,500,000 were filed
the Corning Glass Works, which was
in
each of monopolizing the manufacture of tubing and
for electric lamps.
The sums asked represented triple the
of damages claimed to have been suffered by each defendant,
accused
jackets
amount
•as
damages
asking
Court June 7 against
Federal
in
suits
civil
Five
•
provided by the Sherman Anti-Trust, Act.
7-r77
plaintiffs, and the sums sued for in each case, were as follows:
Elram Glass Works of Hoboken, N. J, $6,000,000; Wabash Appliance
The
Brooklyn, $19,000,000; Jewel Incandescent Lamp Co., Newark,
Carl Bigler, trading as American Lamp Works, North
Bergen,
N.
J., $4,500,000,
and Dura Electric Lamp Co., Newark,
Corp.,
$9,000,000;
Ltd.—May Call Preferred
Corrugated Paper Box Co.,
on'approving a by-law which
would permit the
purchase of the outstanding preference shares in
anticipation of the sinking fund schedule.
The sinking fund provides
that 10%
of the annual net earnings, after setting'aside'an amount
equal to the current year's dividend on the preferred, be applied to
redemption by call or purchase in the market of preferred stock.
—v. 157, p.;863..,
■.;yy.:'■'■■■.11■y.Kv---'-. •'• 7'%7
will
stockholders
The
26
June
vote
Sunray
31—:
Sales Increased 7.8%—
Sales
—V.
1944—Month—1943
$864,923
$932,727
—
159,
1970.
p.
;
charges
directors
declared
7
June
on
7
Total
Accounts
•
the common
stock
mon
in
stock,
1943
20 cents.—V.
were
as
158, p. 2250.
"Ket
159, p. 2078.
$76,589
total
87,938
$2,676,789
73,442
53,138
——
Mail
•
^
Express
16,412
income after
Ket
—V.
$1,157,058
chgs. and taxes.;.
L
56,459
$2,801,612
of
Maint.
559,354
structures—r—.
&
way
345,148 •
of
equipment
Traffic
647,647
—
Co.—Bonds Offered—Public
Terminal
<fe
made June 7 by an underwriting group
by Kidder, Peabody & Co., of $3,000,000 first
was
headed
mortgage serial bonds at a scale of prices to yield from
1.50% to 3.85%, according to maturity. The bonds, which
carry coupons
ranging from Wz% to 4%, mature
$200,-
annually from 1945 to 1959. Associated with Kidder,
Peabody & Co., in the underwriting are:
Rauscher,
000
Co., Inc., Equitable Securities Corp., Laurence
Co., and Stifel, Nicolaus & Co., Inc.
received three bids for the issue.
Kidder, Peabody & Co.
Pierce &
M. Marks &
;
Company
and
associates
award
the
won
on
a
bid which made the interest cost
The First Boston Corp..and Blyth & Co.,
•.were next with a bid of 3.6704%.
Shields & Co.
Co. bid a basis of 3.895%
Inc., and associates
and White, Weld &
3.6448%..
.
interest
The
and
3%
due'46 iOl.9294
3%
due'47 102.1481
3%
due'48 101.8816
3'/4%
*
3V4%
3 V2%
3 V2%
Vk'k
334%
100.0000
due'45
due'49
prices
are
102.3108
,
due'50
due '51
due'62
due'53
due'54
mortgage serial bonds are
Company—Company was incorporated in Texas on Sept. 22, 1917.
'Charter expires Sept. 21, 1967.
Corporation operates-in the State of
f
and
Electric
is
subsidiary
a
Bond & Share Co..
of Electric Power & Light Corp. and of
registered public utility holding companies
Holding Company Act of 1935.
It has no
subsidiaries.
Company supplies local electric street railway and motor
coach service in Dallas and vicinity under non-exclusive franchises
mnder
the
Public
Utility
several other municipalities.
In addition,
the company owns ana operates an air-conditioned eight-story office
building.
Most of the main or street floor of this building and
adjacent property constitutes a modern terminal station, which the
eompany has leased
to one interurban electric railway and to one
interurban bus company, which in turn sublease to several other inter¬
urban bus Companies.
None of these companies is affiliated with the
permits
or
from Dallas, and
company,
55'v
derived
was
3%
from
approximately
from motor coach service,
funds
2'>
of
cash
as, may
Joint
(estimated $2,942,552 after deducting esti¬
accrued interest), together with such
to be approximately $807,833) from general
required, will be used to pay principal, premium of
and accrued interest to date of redemption of the
and
be
$3,566,700
excluding
first
mortgage
•v
gold
bonds,
6%
series
Ltd.—May Production Falls Off—
first
April,'44
$451,716
' $451,209
bullion output
output
months
five
this
of
year,
'
•
*
May,'43
$470,029
at
valued
was
for the corresponding period of last
7 77;,
...
.
7.7.
7
.
,
^
Domestic Industries, Inc.—Earnings—
,
Net
profit
—
per
—
share
common
1943
'
$398,732
$0.02
' • 7
•
7777,7—
7'——
2—u..—
Shares outstanding
>
1944
$541,042
419,059
$0.40
«,-•••' Year Ended March 31-— '
:
419,059
116,797
due
1951.
7
7"
nican Fathers,
338,308
Called—
299,793
'24,564
608,020
first
of
12,280
income
income
Net
_
—
:
638,839
7..:.
•7,;. $83,910
$4,106
L
General Balance
1Q4T
Assets—
k
'
2,000
cash; investment—
—
——
Special deposits (to pay matured bond coupons)
Special deposits (employees' war bond fund)—
Traffic & car service balances receivable——
Temporary
bal.
receiv.
:
•
6,158
and
Accrued
:
'614,567
interest
Rents
receivable
Other
current
———
—
Unadjusted,
.
.
.
'
•
"7"
—
—V. 159',
——3—'
Total
"*
4,832
Net
in
Long-term
Loans
462,668
7" 80
Audited
88
:
360
:
"4^554
:
360"
matured
Unmatured
Accrued
Other
Deferred
Corporate
accrued
liability7„
liabilities-
liabilities
credits
surplus
—
unpaid
interest
tax
current
501,881
780 %
45,591 7
payable———
payable
—
———7
218,290
3,218
43,395
—275,108
that,
281,383
37,262
6,510
1,326,535
51,048
7_——
7
-7
7:
-——_i———
;
'_
,
,
,7,914
1,494,393
Dr626,432
•
Francisco
-
Tne
tal
Period End.
Sales
—V.
159,
p.
1971.
!
"
.
of
this company,
of
Vn of
'
$5.56
*
•
'
the
tracts
from
'
,
Bank
City
Security-First
company
has
the
received
United
York
National
for
three
:"Under
W.
the
Douglas,
gradual
for
has
work
manager
of
for
the
lending
Angeles
Los
notice
Army
of
Air
partial
is
Forces
the
'•.;.
cancellation
covering
of
con-,
production
plant at Santa Monica, it was announced
President.
cancellation, reduction in A-20 pro¬
will continue through June, July, August «nd Sep*
"In its present form the Government order calls for
reduction
company
contracts
•
the partial
terms of
personnel
'
■
is
Bank
7,
States
attack bombers in its
tember," he said.
.
New
■
Donald
The
is
No Government guarantee is
■■'
•■
of
-
$19,962,547 $19,931,788
$75,000,000 revolving
an Associated Press
the announcement said.
It provides an interest rate
on funds actually borrowed and a commitment fee
the unborrowed portion.
on
7
agent,
;
The
duction
to
commitment
annually
and
.
The
has agreed
National
of A-20
'T! ';
7..
.
1%
group
by
17 '
• %;7:'
■
7.v,
''7-...,
■ %
to maintain a minimum net working capi¬
current borrowings under the agreement will
;
involved.
The
a
according
Calif.'
Monica,
$25,000,000,; but
2%%
of
%
A
have underwritten
Angeles
use
Santa
company
of
Dr567,003
Shoe Corp.—May Sales Increased 25.3%— ;
May 31—
1944—Month—1943
1944—5 Mos.-—1943
$2,855,122
$2,278,757 $12,315,004 $11,799,225
Los
for
from
"total $6,000,000,
159, p. 2301.
Diamond
and
dispatch
a
-V.
$1,636,885
$5.57
banks
17
-credit fund
660,000
295,158
———
;7
•
Hunt, Vice-President and Controller; on June 1 announced
in
New
York, Chicago,. Oklahoma City, Tulsa, San
7,7 Ralph V.
years.
wages
accounts
Miscellaneous
Interest
&
.
$1,639,502
charges—
after
profit
Douglas Aircraft Co., Inc.—New Revolving Credit of
105',035
'174,641
7/
accounts
289,968
: ' .'7 7 /
.
$75,000,000 Underwritten—
—
and
of tons)
287,586 7 > 7 303,337
V, 7 - :7
' ".'-"V
77w : 77'. 7 '.
'
Earnings per common share—7———7—
P.. 388.
; 7"7 '' v'.: 77'7'
7f •"
' -
16,250
:
'7
:
.;.•'•
,7 .7
par)__^l„—$5,317,104 ;. $5,317,104
aid of construction-—7'
i'_7—__77
105,093
debt
12,500,000 12,500,000
bills payable—
_7——'
100,000
- •
—
Grants
(no.
■;-77"
—V. 158,
(50,000 shares no
stock
.
Dominion Textile Co., Ltd.- Earnings-:—/
1944
1943 •/""
—Y-."".i■ 7' +■*;■ :
t!
178,338
:
$19,962,547; $19;931,788
—
Liabilities—
collieries
7i, Year Ended March 31—
•
Capital
'17
May, '43
April, '44
and
Breton
Cape
213.
p.
May, '44
-7;7
7
at
Springhill
''
166,670
4,454
———————1—
debits
Production
49,200
—
assets——————
assets
'
218,703
supplies^—.—
—_%1'_
receivable———.—,—22
Material
v' 43,395
'
181,760
'•'13,428
,
agents & conductors——
receivable—
from
;:'v% 658,635
'7* 45,591 V:'
accounts
Miscellaneous
Deferred
1942
.
$18^487,718 $18,290,770
•'163,878
——————_
r; "
Net
$14,432
Month of—
.
Sheet, Dec. 317
'
1——_u—
St.', Chicago, 111.—V. -158, "p. 2360.7-"
Dominion Coal Co., Ltd.—Production Lower—
7;
'
,7
————I.¬
Payment
7 Trust Co., trustee,: 33 No. La Salle
17,052
$1,212,560 N % $932,387
917,955
1,128,650
$642,945
% Total oper. & other income—
$915,335
;
r
Deductions
7
$1,199,347 a
^ 13,213 r
$630,665 ;
railway oper. income
1, next. $128,000
serial bonds-dated July" 1, 1941, at lOOVa and
will be made at the American National Bank &
called for redemption^as of July
been
mortgage
interest.
Net
Other
%7f-'•■■;'l.; .;/77 , .77:7:. .7^
\7777 7- 7
There,have
7.7
p583,285
V.
Dominican College of St. Thomas Aquinas^^and Domi¬
Province of St. Albert the Great—Bonds
7;
$656,406
Cr8,283
45,539
567,131
1
Motor
Berry
119,444
7%$921;352'sr;4
368,582
—
equipment (net)
the
Vice-President,
'
facility rents (net Cr)
has acquired the fork lift truck and tractor division
Car Co. of St. Louis, Leslie E. Mickle, Executive
recently announced.—V. 159, p. 1553.
The corporation
of
tv:;^E482;
$477,655
7.l; ,"777^-C.7;7•,.-'
Expansion— 7
•31,655
'-■•
w
revenue
accruals
Hire of
Total
(estimated
principal,
company's
Tax
proceeds
expenses.
additional
railway service, 42%
rents.
Purpose—Net
mated
from
Net operating
Unadjusted
.
For'1943 operating revenues were $6,069,749, of which
end
»
Investments
of $200,000,
•Texas,
7
773,458
915,580
129,821
——__
investm't—Cr_
for
•
follows:
1 ■;
Price u Title of Series
Price
334% due "55 101.3497
101.3583
3%% due '56 100.4796
102.1766
due'57 102.5496
4%
101.3922
4%
due '58 102.1526
100.7675
4%
due *59 101.6946
102.0896
15 series each in the principal
dated June 1, 1944, and maturing on June l, 1945
to
1959, respectively.
Interest payable June l and Dec. 1, in New
York at principal office, of Bankers Trust Co. and in Boston. Mass.,
at principal office of Old Colony Trust
Co., trustee.
Bonds carry
general redemption pfices and special redemption prices,
first
The
•amount
$4,111,584
$5,215,660
$463,358
May;'44
bullion
of
'/
1944—10 Mos.—1943
-
2079.
p.
the
In
547,568
31,154"
954,437
—————————
expenses
Transportation
as
Title of Series
Price
Title of Series
1%%
rates
General
'
32,698
—
Transportation
Ry.
1944—Month—1943
$2,271,493, as against $2,471,814
year.—V.; 159, p. 2079.7
7
332,830
550,728
"
'
Dallas
v
$506,467
159,
Value
$2;880',759 j; $2,459,879
'!
'•
Maintenance
159, p. 2078.
offering
(reserved for payment of taxes.-*
"
1942
$571,919
$336,591
$2,759,349 in 1943 and $2,716,320
tAfter deducting $3,000,600
of
1971.
,v; Earnings
1943
depreciation
tax notes, series "C"
1941
•<
'
3,692,289
t700,000 shares of no par value,
Month of—
$2,278,615
y 60,518
65,017
7,939
47,791
57,-656
62,403
other
All
!
'.'1942
1943
$2,578,093
Cuba IIR.—Earnings—
1944
for
reserve
Dome Mines,
v.
Salt Lake Ry.- -Annual Report— v
20,040
Passenger
-
'<
y:- Quarters Ended March 31—
————1
Period End. May 31-
outstanding amount to
debentures now
revenues—Freight
Operating
$244,589
-..-/v...
.
11,337,500
...
Diana Stores Corp.- -May Sales 9.3% Higher—
United States of $500,000
debentures due March 1,
Calendar Years-
$622,495
after chgs. and taxes.-
income
—V.
11,337,500
3,990,484
stock
159, p.
Proceeds will be added to working capital
and used for general corporate purposes.—V. 159,-p. 1038.
1942 'v;
15,000,000
S. Treasury
$2,550,000.
Denver &
1943
15,000,000
1942;
—V,
U'.
1944
3,474,981
partic. pfd. stock (par $25)—
&
pales
The
450,000
3,662,016
$36,740,165 $34,416,603
*Less
Life Assurance Society, of'the
1958.
28,0.91
450,000
...
...
U.
Debentures
Privately—The company completed arrangements June 5
through Lehman Brothers for the sale to The Equitable
,
112,366
subscrip. on series E. U. S. bonds
preferred stock
....
in
,
sinking fund
432,940'
2,004,503
—
Total
and Dec. 20,
cents;
30
22,
June
$28,893
$155,205
_
J—
—
payable on
cumul.
Dayton Rubber Manufacturing Co.—Places
Rys.—Earnings—
Cuba Northern
Quarters Ended March 31—
wages
v.
follows:
$36,740,165 $34,416,603
Earned surplus
$5, and the usual quarterly dividend
par
I
1,034,954
sharp
cents per
of 31(4
"cents per share on the 5% cumulative preferred stock, par $25, both
payable June 26 to holders of record June 17.
Payments on the com¬
on
380,916
873,586;
—_
(estimated)——.———
taxes
Accrued
;
;
payable
JAccrued
6%
of 30
155,547
4,996,946
255,671
1
etc.—-
———————
Dividend
dividend
3,165,578
Liabilities-
i
2193.
a
'
operations-
to
rights, trade-marks, good will,
."Land, buildings and machinery
.tCommon
1944—8 Mos.—1943 $7,474,334 $6,869,408
'v.,'*'.' >Vh-L"
.
p.
9,604,314
3,175,579
480,300
4,996,946
timber
Reserves
Davega Stores Corp.—30-Cent Common Dividend—
The
of additional 4%
Crown Drug Co.—May
159,
7
-
5,010,672
10,697,874
2,998,570
•
Patents,
Corp.—Merger-
Oil Corp.—V.
102,788
reserve).
—
Deferred
$1,710; total,
.
See
6,900,944
71,507
(less depletion)———————
U. S. post-war ta* creditInvestments in associated cos. (not controlled)_
preferred
Darby Petroleum
$2,001,664
11,672,646
-
;
__—
Standing
stock, $384,300; common stock (32,500
shares),
$3,250,000;
long-term
debt, $3,629,200;
accounts payable,
$181,457; taxes accrued, $669,617; interest accrued, $108,876; preferred
dividends accrued, $4,484; accrued wage adjustment, $116,000;
other
current and accrued liabilities, $6,333; deferred credits, $77,405;
total
reserves.
$2,873,695; capital surplus, $2,650,000: corporate earned sur¬
plus, $709,822; total, $14,661,189.—V. 159, p. 2194.
...
.
,
Period End. May
Inventory
$14,661,189.
Liabilities—7%
7 1040 1
$2,579,763
______
;;
(less
receivable
Accounts
other current and accrued assets,
Sheet, Dec. 31
receivable
Notes
Sheet, Dec. 31, 1943
property,
prepayments, $12,261;
..77-'
7
,
Dash in banks and offices
Marketable securities
year
and equipment (ledger value), $12,758,820;
cash
in
banks,
on
demand, $1,242,328; special deposits, interest,
$108,876;
working
funds,
$18,011;
U.
S.' Government' securities,
$350,000; accounts receivable, $11,306; materials'and supplies, $157,877;
Assets—Plant,
Balance
1943
Employees'
'7,7
The complaints, all of which were filed by the law firm of Darby &
'Darby, charged that Corning had formed a series of agreements
restricting the manufacture- and importation, of glass bulbs, tubing
and cane.
Except tor General Electric Co., it was stated, Corning
is the sole source in this country for these three products—V. 154,
p. 143.
/
'
/;
7 ;'7>;-; 77;' 77'77'7%%%
7:
$3,000,COO.
Consolidated
Assets—
acquisition of leased
on serial bonds ,
'
^ :%7 %'%:V;77
rental ceased oh
for the first
proposed to be issued will be $101,500.
■'In
property,
Balance
Corning- Glass Works—Sued
v
of
approximately 8,000 shop and office workers.
negotiation with the Government , additional
159, p. 934.
under
at
this plant."—V.
s
: ■.
;
i
-'
(The) Drackefct Co.—Securities Offered—An investment
banking group headed by Van Alstyne, Noel & Co.,
June
7
offered
$1,500,000 5%
on
15-year sinking fund de-
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number.4289
bentures at 100 and accrued interest £'nd 85,000 shares
common stock (par $1) at $8 per share.
-
•
Gross
The debentures are dated June 1, 1944, and are due June 1, 1959. •
Coupon debentures in denominations of $1,000, registerable as to prin¬
cipal only, and $500 (not registerable).. Interest payable June 1 and
Dec.
1
at
equal
to
ended
Irving Trust Co.,. trustee, New York, N. Y.
Sinking
20% of the consolidated net earnings for the fiscal
the
1/ 1946,
preceding'
and on
able
at; any
and
accrued
by
shall
Sept.. 30
before April
or
be
set
aside
Net
.
in whole or in, part; on 30 days' notice, at 107 V2 %
interest prior to June 1, 1945, the premium decreasing
on
June 1,
1946, and
$4,352,096
2,972,068
$1,258,621
311,652
f
»
the
Supreme Court to review portions of the Appeals Court
which were adverse to the firm.
constitutionality of the "death sentence'^ provision also has
been challenged by the North American Co., but the U. S.
Supreme
Court,
after agreeing to review North American's
case,
has been
opinion
'
$3,367,250 ^
2,494,352 '
$4,230,689
3,054,511
—_
expenses
revenue
_l_.
and
rents
Other
time
The
income
taxes
296,840
(Dr)
to act.
Four of the nine justices disqualified themselves from
taking part in the case and the required quorum of six justices thus
available.—V.159, p. 1972,
$872,898
245,432
•
—i.
$1,000,744
26,910
for fixed charges-
$1,027,655
$964,202
$635,420
895,571
903,369
919,130
(net)
$946,969
is not
■
$627,466
17,233
Esquire, Inc.—Earnings-
7,954
;
Years
•
Income avail,
each June 1 thereafter.
Reimburse¬
ment of Massachusetts income taxes not exceeding 6%, and Maryland
V2V"
1941
$1,297,585
„—
unable
Net
•
year
before April
Redeem-
or
on
Operating
of each succeeding year.
1
revenue
■
fund
.
1942
1943
Calendar, Years—
.
,
asked
DulutJrSouth Shore & Atlantic Ry.- -Earnings—
.
.
2415
on
Fixed
charges
—
,
Ended March 31—
1944
Net profit before Federal taxes
■"Federal
taxes
1943
$389,273
136,233
$428,344
$253,040
$0,86
762,904
1942
$716,002
287,658
$1,307,160
*
—
$0.50
and
California income taxes not exceeding 5%, on interest on deben¬
of Pennsylvania and North Carolina personal property taxes
exceeding five mills per annum on each dollar of taxable value or
principal amount of debentures.
■
Net
tures and
'
'
'
1
"Windex,"
Company also produces lye under its own 1
and replace caustic soda.
All of its products are sold through
its wholly owned subsidiary, The Drackett Products Co., which also sellschlorinated lime in household consumer packages
whijch is packed for
under
the
the
company
has
purchased
sells
it
brand
company
manufactured
this
manufacturer.
another
by
in
product
through its subsidiary
Deferred
and.
-
use
Profit
consumer
;
L——
5,605
—-
,
411,301
:
and, loss—
26,883,208
.
Liabilities—
'
■
stock -'I!*!———
10,000,000
■
6,429
173,106
26,972,751
,
accrued compensation insurance, $665; Federal taxes on income of the
year ended March 31, 1944 (less U. S. Treasury tax notes of $404,241),
$395,759; deferred income, $1,056,545; capital stock (par $1), $500,000;
paid-in surplus, $446,311"; earned surplus, $668,130; capital stock in
treasury ('37,763 shares), Dr$191,193; total, $3,469,456.—^ 159, p. 1553,
liabilities
—4„
m
.--TLz-
i
-
-
.
26,990,023
1,652,266
20,100
through income & surplus—
prop,
It
23,000,000
1,037,461
27,849,724
1,981,064
—
—
196,744
23,000,000
1,072,226
909,086
-
4-4244
Unadjusted -credits
Additions
in
443,385
———
'
,
Earnings for Month
l
In 1939 the company; bought a new plant i location and began- the :
of a soybean extraction plant having an annual production )
capacity approximating 35,000 tons of soybean oil meal and 15,000,000
lbs. of soybean oil.
This plant was put in commercial production in
the fiscal year ended September,
1941/;
:
'
-/
and
Four
Months
Ended
The
Net
During
1942 and
1943,
upon
the
recommendation
and
priority.
approval of the U. S. Government, the company doubled the produc¬
tion capacity of this plant..
The addition was put into operation in.
1943.
At
the suggestion
Government,
and
has
the
under
and
is
company
construction
the
^105,000 tons of soybean oil meal and 45,000,000 lbs. of soybean oil.
Authorized
82,424
121,706
96,914
66,851
.The
and
46,070
1,451,729
1,245,793
1,176,300
291,538
302,761
292,297
188,342
207,209
144,851
78,953
1860.
p.
be
1
it
reasons
is
possible, to arrange companies in exact
order. : However,' they are always as near
position as possible.
•
.
always
alphabetical
alphabetical
•
stock
common
par) into.20 shares of new common stock of $1
(2) the issuance and sale by the company of $1,500,000 5% .
sinking, fund debentures and 85,000 shares of .new commonstock and (3) .the redemption of the
outstanding $452,000 long-term
-par value,
—V.
15-year
notes.
1
■
.
transfer, agent ifor the preferred
Union Trust Cov, Cincinnati, O.,
Trust Co., Cincinnati,; O. .■.:
the
'' >>;; ■.';
;•
.
V
•
,
1943
1942
$4,215,167
$5,802,921
$5,280,885-
3,972,453
3,715,327
Cost
of goods sold——
Warehousing and truck¬
ing
3,086,658
.
pleted.^V:' 158,
1941
'
$3,517,140
2,180,694
was
was'announced "oh; June 9
$8i020,870; as of rMay:
55,485
48,555
Net asset value; per- share was $21.71,
82,887
able June 24
328,175
613,287
256,110
587,256
240,042
$807,188
$588,027
$392,214
23,755
29,119
v
139,449
■
•
-
584,581
The,.trustees;have.declared
«
was
•
made
!stockholders
to
Other
Fed.
profit
deducts,
taxes
Net
(net)--
income-
322,443
457,193
205,842
——
$180,126
$326,240
$353,066
as
dividend
against $20.19.
of 20 cents per share,
June
Power
&
Light
1,623,480
6,561,146
206,397
841,732
$1,040,576
$1,017,786
$3,371,374
$1,828,357
taxes—'
192,042
203,700
370,277
273,837
$478,257
$540,249
3,792,629.
792,442'
-
$1,894,467
—■
692,859
850.157
10,323
14,863
45,532
$488,580
incorixe
$555,112
$1,939,999
deductions
189,273
Z——#—
divs.—Fed.
Light
income
Traction
&
57,185
$1,885,54S
767,128
758,413
$1,172,871
$1,127,129
193,094
,
,
$362,019
$299,307
y
Co
64,532
65,814
260,616
$234,776
$296,205
$912,255
$1.74
—
Smaller June
.
pay-,
,265,363
f
Balance surplus!
The
directors
the
$861,761
$1.64
.
*
Dividends
June
on
7
,
declared
dividend
a
cents per shax-e
of 25
19,
A like amount was paid on March 21,
last.
In 1943 the following
payments were made;
March 24, 25 cents; June "23, 50 cents; Sept, 21,
25 cents; and Dec. 28, 50 cents.—V. 159, p. 2302.
stock, payable June 26
common
to holders of record June
(Wm.) Filene's Sons Co.—Obituary—
*
1943
173,883
91,080
88,104
1944
169,661
Co.—1—
Power &
Light Corp.—92,506
National Power & Light Co
" 94,817
*
capacity of soybean extraction plant,
a,tnKi.;
—430,000
(3) To reimburse treasury, and to pay for expenditures,
made and to be made during 1943-1944, in completing
and
improving present soybean
extraction plant,
'v
estimated at
*„
110,000
.
.
Edward
For
Sales
of any
com¬
..
Frost, President, died on June 6 in Boston, Mass;
Besides being a director of Wm. Filene's Sons Co. and R. H. Whito
Co.. he was a'director of Bloomingdale Bros., New York City; Abraham .
& Straus, Brooklyn; F. & R. Lazarus & Co., Columbus, Ohio, and the •
Liberty Mutual Insurance Co., of Boston.
He had been a director of.
.
Federal
He
%
*2.4
1.6
7.6
.
J.
"
the
Amount
*4,222
1,426
6,713
The above figures do not include the System inputs
panies not appearing:in both periods.—V. 159, p. 2302.
estimated
now
1,898,477
235,704
—
•
on
1,
Operating Subsidiaries of—
American
Electric
"$411,045
ment to increase
"■
Pfd.
—Increase—
To
--
•
$9,956,444 '
J
'Net
—Thousands of Kilowatt-Hours—
,
pay and; discharge on or about Oct. 1, 1944, serial
promissory notes<2) To' pay the cost of additional plant and equipment
1944—12 Mos.—1943
*Earnings per common shax'e__ _•
*On 524,903. common shares.
1944, the System inputs of client operating companies'of Ebasco Service Inc., which are subsidiaries of
Amex*ican. Power,"&
Light Co., Electric Power & Light Corp. and
National
Power
&
Light Co., as compared with the corresponding
week during 1943 were as follows :
$271,562
■
Subs.)^—Earnings-
$2,847,664 $10,964,243
&
depr. & ret—
income
Incoxne
A similar distribution
Inc.—Weekly Input—
For the week, ended
Purpose;—Company will receive from the sale of the debentures and
stock now offered net of approximately $1,985,000 which it
presently intends to qse for the following purposes:
■
"(1)
maint.
Other income
159, p. 1759.
common
,
1346.
228,209
35,179
85,473
on
profit
$529,230
26,661
a
of record June 16.
March 25, last.—V.
on
Ebasco Services
Gross
158, p.
1944—3 Mos.—1943
$3,174,757
revenue
Operating income
>
asset value of the fund
that the net
exp.___
sell,
purposes,—V.
profits taxes.,—^
Excess
^I, as compared with $6,540,238 on Dec. 31.
94,748
;
;
,
96,204
,
corporate
$3,561,366
670,771
996,127
Federal
Special Offering—
the
—
2467.
p.
57,679
31,521
registration statement with the Securities,
covering 48,981 shares of capital stock,
warrants evidencing rights to subscribe to.
Operating income
^xchange of 11,800 shares of Class* B
100,134
—
Cpmmer. and adm. exp.
»
Corp.
-44_4_
expense
a
for general
Pl'OV. for
Eaton & Howard Balanced Fund—Net Asset Value—
.It
-
•
Laboratory research and
■.'.expense,Adver. and
York-
a
coihmortistock:;(no par) at 5% per share, with a special
commisSion'of SO Vc^nts per share! Offering was com-
Years Ended Sept, 30•
New
"
-.
Machine
New York ' Gurb
•
.
March 31,
1944
Net sales
Washing
Easy
Earnings for Stated Periods
6 Mos.'End.
has filed
of
America,
,
exps.,
taxes'—
Cohu &'Torrey:on June 5 made a special offering on
common
and
of
R
subscription
'
-
Co.
;
stocks Is Fifth registrar is Central '•
and
159; p. 840.
25 paid
'
...
same.
Gross
••
■The
;.
The corporation on May
:
.
Period End. Mar. 31—
dividend-of $4 per share on its
no par value common stock to holders of record May 24.
In the fiscal
year'epded; March ;;31i'1944, the Association paid dividend totaling $9
pqr share; in?the previous year, dividends totaling $7 per share; and
in the fiscal 7year; ended ,March 31, 1942, dividends totaling $8.50 per
share r( ','Boston -News: Bureau").
The semi-annual interest due June 1,
1944, ■ on the-$5,900,000 of 4J/2 % debentures was paid on that date.
(no
Third
and
Operating
Eastern Racing, Association, Inc.—Pays $4 Dividend—
4
,
„•
Federal Light & Traction Co. (&
■5%.
15-year sinking fund debentures.,
$5,000,000
■ $1,500,000
stock J par. $20)—
150,000 shs.
37,500 shs.
stock
(par $1)_,
——
1,000,000 shs.
352,980 shs. ,
Note—Above table is after giving effect to (1) the recapitalization,
which became effective May 31,
1944, and: includes changing 1 each
share of 7% preferred stock (par $100) into five shares of new pre-ferred stock ($20 par) (annual dividends $1) and two shares of new
common stock of $1 par value and, changing each-share of outstanding
'
the
Commission
company
Oper.
Common
that
not
Outstanding
Preferred
(
made
used
<
mechanical
100,000th aircraft highline at company's plant
scription
-
NOTE—For
the
off
No underwriting is involved as all sales of stock are to
by the company only. The shares will be offered for sub¬
to present stockholders of record May 31, at $8 a sbaro,
on
a
pro rata basis.
Subscription rights will expire July 31.
Net'
px-oceeds "will be added to company's capital arid surplus funds to be
831,652
387,917
159.
;
Insurance
Exchange
par)
the
railway-
Capitalization, Giving Effect to Present Financing
«
90,542
added
Shares Registered—
•
"i'y.t. oper, income-'
Net
completed in the eai'ly part of 1945. - When
the company's annual producing capacity will approximate
1941
$263,037
railway—4-
—V.
which it is expected will be
completed,
from
from
Net
priority approval of the U. S.
adding to its processing capacity
present time additional facilities
again
at
Gross
2195.
p.
Excess
1942
$334,552
109,315
83,903
($5
4
•From Jan. 1—
the
upon
$345,870
income-
oper.
ry.
,
-
announcement
159,
April 30
$340,177
.1943
1944
April—«;,*.*•
from railway—
Net from railway44iGross
the
that
1
came
company's production facilities ,
have been .completely .engaged for
the past two years in making
electric control motors for bombers and fighting planes, gas masks,
signal dischargers, arid other materiel for the Army and Navy.—•
.
erection
June
on
electric control motor
Detroit.
$76,812,100 $75,339,980
p—*,
■
announced
was
precision
V.
Total
■
,
Eureka Vacuum Cleaner Co.—Motor-Output—
TO,000,000
_—„
debt .in,; default J—4-.*
Non-negotiable debt to affiliated companies
Long-term
Deferred' liabilities
"
•.
stock s
4—™—™—-—-1—
in aid of: construction--—
Current
'
1944
—.—i—> $12,000,000 $12,000,000
Preferred
Grants
$1,
'Liabilities—Accounts payable, $481,170; accrued current year appro- '
priation for employees' profit sharing retirement plan, $68,789; accrued '
salaries and wages, $18,281; accrued Federal capital stock tax, $25,000;
———I—$76,812,100 $75,339,980
Common
March
Sheet,
;Assets—Cash, $1,627,814; U. S, Govt, obligations artd marketable
securities, $393,477'; accounts receivable (less reserve of $5,964), $671,487; inventories, $404,034; other assets, $65,074; furniture, fixtures,
equipment, etc. (less reserves for depreciation and amortization of1
$88,998), $118,806; deferred charges, $188,764; total, $3,469,456.
(
Total
$1.18
;—
Balance
,
ddbits
;
$544,257
r_j.——
share
Consolidated
—
assets
Uhadjusted
in the manufacturing
packages to the whole¬
trade fpr medicinal purposes.
\ .Company's
operation has been somewhat affected by War Produc¬
tion Board regulations.
Its volume of t'Drano" sold is limited to its V
packing quota of the quantity packed in cans in 1942 and its volume ■
of "Windex" sold is limited to its packing quota of the quantity ■
packed in glass containers, in 1943 and to a limitation of 8d%
(in
terms
of
square
feet
and
tonnage)
offiber shipping -con- »
tamers ;used during the corresponding
three-month period of ,1942.
Such
limitation, on, fiber
shipping- containers
has
been
largely
.overcome
by the company
through changes
in
the
construction
and design of its shipping containers.'
Company's sales of chemicals-,
to. the Government or agencies thereof or to others known to be for
the use of the Government
or
for governmental purposes has notT
exceeded 2.28% of the company's net sales for the years ended Sept. 30,
1942 and 1943.
•
/
in. bulk for
1942
in
,
Originally,
salt but for the past several years
bulk from another manufacturer and
epsom
arts such as tanning and in bulk
sale and retail, drug, and grocery
1943
Donations and
brands
it-
Net profit
Earnings per
31
Dee.
road and equipment-.*
$45,788,422 $45,696,000
grants
—
Cr217',357 ■.
Deposits in lieu of mortgaged property sold—*..
136,511
"115,685
Miscellaneous \ physical
property.—59,106
102,854
Investments in affiliated companies.-——
1,510,205
1,510.748
Other investments
—I———.
677
852
Res. for adj. of invests, in securs.—— Crl.088,895 Crl,088,895
Current, assets
!,
3,323,317
1,850,449
has engaged in chemical manufacturing for
It produces the well-known household cleaning products
25 years.
''Brano"' and
Balance Sheet,
••
Investments
Company—Company
over
*$283,710
$60,833
.
Assets—
4
'
.
$132,084
—
s
General
,
1'
income
'•■"Deficit,
not
Reserve
also
was
Bank of Boston
Treasurer
and
a
since
1933.
director
of
of New York.—V. 159, p. 1250.
Stores, Inc.,
*
*
Federated
"
Department
;
•
(M. II.) Fishman Co., Inc.—May Sales Up 3.3 %—•
Period End. May
1944—5 Mos.—1943
$2,250,665
1944—Month—1943
31—
Sales
—V.
$552,542
$2,169,519
$534,925
1972.
159, p.
'
,
'
Edison Bros. Stores, Inc.—May Sales Up
Period End. May 31—
—
general corporate
1,033,955
purposes--
—V.
•
Underwriters—The
of
number
of
names
debentures
and
the
shares
underwriters
to
be
and
purchased
the
by
follows:
are
Alstyne, Noel & Co.—
Bond &
Goodwin,
Cohu
Torrey
E.
&
150,000
Inc.——
JWestheimer and
Co
100,000
——
——
Inc._
—
Starkweather <fe Co._
Schoellkopf, Hutton & Pomeroy, Inc.—-—
,
—
G.
Edwards & Sons_
•-
Exploration
Moore & Co;; Inc
1,699,758
12,309
12
77,963
Net
'
2,500
.
86,373
.
321,703
2,040,135
develop.
—-—
.Net revenue from ry, operations— $15,954,213.
Railway tax accruals.——
4,493,558
$9,356,879
985,376
$2,846,103
719,097
$8,371,503
450,804
46,739
$2,127,011
554,915
Cr8,43.l
$7,873,959
$1,580,527
$190,033
11,551
$2,716,457
Dr 12,558
$2,703,847
64,656
Railway opei'ating income
$11,460,655
Hire of equipments-net debit.
1,203,346
Joint facility rents—net debit——
83,829
$257,280
-,
30,657
$201,585
$2,703,899
391,888
$2,768,504
470,905
Net ry, operating
Other income
" $226,623
$167,708
8,632
$2,312,010
103^79
$159,077'
$2,208,431
*
•
...
*
—
$253,571
oper.'revenues-—'
Other income-Gross
—
2,000
3,709
•
_
incprrie
Income ''deductions;;'—-
2,500:
>
•
.
33,87'6
—'
^
The
•
50,000
Newburger & Hano_—
Wm.■ C.
■
J.
•
C.
—V.
&
-
uz.
•
159, p. 2195.*
/
'
.
s.-
—
^
166,472.
126,290
$10,339,950
$8,000,250
2,559,271
2,826,269
86,257
2,830,980
•
.See United Shoe
Machinery Corp, below.—V. 156,
p.
1236.
1
Balance,: surplus'tl— ".- $217,991
—V;159rp; '2079R
Operating
*Net
.
revenues—
revenues
fNet
oper.
;* After
operating
retirement
,
debt
tjons.—V., 159,
p.
1944—12 Mos.-—1943
.10,540,401
,
1249,
R
-
,
■•■
..
^'
Deductions from
gross
income-—
debt
Interest on funded
•
:
.
Net income carried to
$4,954,411
surplus
,
$1,652,098
119,433
2,823,280
•
■
•
.
'
"
:
Cash
;
Temporary
has agreed to review a decision holding
the/so-called/'death sentence" provision of the Public
Traffic
and
-
:
—
service balances receivable—-
car
Balances receivable from
accounts
Miscellaneous
-
agents and conductors
receivable
$
81,537,748
17,498,024
investments.—
cash
Special deposits
82,603,529
6,273,795
3,000,000
727,520
498,335
638,949
264,604
9,127,102
288,484.
637,838
-
.
The
11,025,174
1942
$
Holding/Company. Act,
provision,' .requiring that operations of a holding company be
limited'-to1 a "single -'.'integrated publie utility system," was upheld by
the Federal .Court pf 'Appeals for the District of Columbia.
Its decision
sustained in*, part' a Securities and Exchange Commission order that
Engineers; Public^ Service Co. dispose of properties worth $30,000,000.
Utility
81
* 1943
.
Investments
7 The ^U.7 S.> Supreme .".Court
k
Sheet, Dee,
Balance
Assets—
Light Co.—V; 159, p. 1146; '
;^Reyiew; Decision; on Utility "Death Sentence"—
constitutional,
$5,083,012 *$1,290,614
,
General
Engineers- Public; Service Co.—Supreme Court Agrees
A
expenses, . maintenance,
taxes, appropriation to.
tAfter deductions for all interest charges,'
discount and ^expense, and other income deduc-
etc.
reserve;
amortization of
3,061,293
-
See^ties'S^rjiSe^P^^
;v,'
$11,386,012 $10,915,580 $44,085,968 $40,922,797
3,787,295
3,813,609
13,514,938 ,13,759,102"
3,053,241
income
»
>•;
Duquesne Light Co.—Earnings1944—3 Mos.—1943
—.1.
-
$2,194,019
•<,v7 Empiret:District;Etectric::Co.^Merger: Proposal—»
to
Period-End. Mar; 31—
—,—
—
income
Gross
/Deficit.
i
2,000
•»
v
'
71,571
•
•
c"1
-
8,632'
1-
$2,297,598
103^79
2,000.
v
"
-Draper Corp.—Obituary—
^
-
,
2i50O:
■•«
,
—
—
Pfd:' stk/ divr^dquire^T v
4,500
"3,000''
Co.
Securities,..Co
NetyhcomV
.
2,000
'
<■
Roney &
Bradford
Straus
2,000'
•
"
.Co:__—i
Ohio
,
,
-
■ •
—
$10,173,479
income--^
;
Hill, Richards. & Co.—50,000-
'Emanuel & Co.__——————i-;
;
2,500
50,000.
_
1,184,572
131,649
&
'i.
3>500.
50,000
:
—
Courts' & 1 CO._——
costs
2,500
50,000
__2—„
97,412
152,563
$7,944,616
2,162,424
240,715
1,147,586
1,603,669
$8,040,588
14,418
149,094
"
■
75,000
.
26,172
103,914
———-i——.
_'
>
1944—12 Mos.—1943
$583,531
150,007
$697,623
-
Depreciation
Taxes.
■
.
75,000
-
—
Johnston, Lemon & Co.———
Berwyn T.
5,000
5,000
4,000
1Q41
1Q42
Railway operating revenues—$32,559,085" $20,838|086 $11,499,121
Maintenance of way & structures—, 3,224,461
2,084,304
1,567,269
Maintenance of equipment
3,067,582
' 2,377,874
2,048,089
Traffic
1
562,488
406,197
365,1741 '
Transportatioxx—rail line
8,371,548 . 5,605,371
3,901,264 Miscellaneous operations
684,642
460,897
321,986
General expenses
:—
694,152
546,564
483,446 ;
Transportation for investment—Cr_
34,214
—
_—1
revenues
•
Maintenance
5,000
100,000
100,000
100,000
100,000
^
•Johnson, Lane, Space & Co.,
A.
2,500
100,000
;r;
——
Operating
Operation
10,000
(& Subs.)- -Earnings—
1944—Monthr-1943
Period End. April 30—
20,000
'
175,000
Co._—...
Clucas &;
W.
El Paso Natural Gas Co.
Shares
$175,000
—
1971.
p.
104^
PfllpTidftr VAfiT*C«
$2,991,787 $17,940,932 $17,110,278
.
as
.
Debentures
Van
159,
Florida East Coast Ry.—Annual Report—
1944—5 Mos.—1943
1944—Month—1943
$4,339,788
——
respective
each
.
Field, Richards «& Co._.
R. S. Dickson & Co., Inc
,
45%—
Engineers "controls and
serving
12
States'in
operates
widely
gas
scattered
and
electric
sections
of
Material
Interest
and
and
supplies—
——
dividends receivable—,—
Other current
Deferred
assets
assets
-
Unadjusted debits
:
^
2,494,928
,
1,625,691
2,356,546
35,360
43,746
57,734,522
54,286,864
20,041,123
4,639,833
483
27,554
utility companies
the
country.
It
Total
-
193,143,626 153,240,953
t
THE COMMERCIAL & FINANCIAL CHRONICLE
2416
Liabilities—
Common
Grants
Long
construction
debt-
and
Audited
of
and
accounts
Miscellaneous
Interest
interest
rents
tax
157,990
accrued—-—-—-
11,364,132
Unadjusted credits
——
Other
IIII-C/)r34;666;385Z)r37,,99l!709
i59~"p" 2302"
Net
Kans.—Registers With SEC
Fleming Co., Inc., Topeka,
June 3 registered with the SEC 2,500 shares of 5%
stock -(par $100) to be offered to the public at
share to reduce bank loans.
Underwriters, to receive a spread
a
$5
The
July
1,
$2,433,600
$2,164,457
$8,780,141
940,599
4,437,595
178,888
138,735
616,313
199,125
revenues
-
Maintenance
Prov;
——-
capital:
Other
taxes
204,729
840,476
115,296
,241,280
216,639
139,625
540,047
493.769
$736,457
$625,473
$2,104,431
4,213
10,002
37,001
$1,868,799
19,842
$740,670
$635,475
$2,141,433
271,8C2
261,367
1,011,930
taxes-
—-
„
Operating income —
income
(net) —
Other
income
-—
deductions
•Gross
Income
—
$1,888,641
1,029,678
118,825
$31,742
.v.lit..'
."
A
i -v,-/
"i'
interest
payments will
policy
on
233j660"
.■
•. ,-f
and.on
1
also
be
on
dividends
the
left
rsyrplus
income
$374,108
$468,867
—
$858,963
$1,129,502
•"
Sheet, March
Balance
1944
31,
'
•
-
policies
The
stock
preferred
(par
A
-v,
registration
Other
353,415
-
taxes
89,948
I—
Prop, retir.
175,000
2,100,000
LaShelle
' $643,898
$6,529,'187
1,210
862
15,992
••
n{a£to%mSinesV^
opef.
revenues-
income
Period End. April 30^-
Gross Income
$583,897
$644,760
Interest charges
281,768
356,738
$6,545,179
" -4,117,607
$302,129
—
$288,022
$2,428,172
_
$6,259,767
4,272,896
expenses
Net
income
V. *159,
156.343
accruals
.Net
.
1
-
-
Policyholders of Mutual-will have preemptive rights to subscribe for »
stock . at $20 a share in proportion to the respective ;
paid .:.by.'thejn upon insurance policies Issued by Mutual,
-
premiums
Netsients
Net
,
»>
•«
46,903
42,814,
.192,944
•/
-
2,785
12,690
4,455
11,627
694-
861'>
$23,490"/-•
income
oper.
income
$25,240
Drl68
.
•
'
'
$96300
v
385
5,116
$117,897
Brl,243
1,
interest
Total
income
$23,323
.
deducts,
income
Fixed
$25,625
$95,557
from
'
978
4,318
12,699
87,937
'$409
,
-
company,
2
$11,948
$3,302
4,609
-
50,822
.
.
reduce electric
The
•
Net
income
$64,060
$1^,540
^
•
,
868
well
as
f.30.6,-/
,
v
....
•
to
asked
renew
•
"7
•
•
,,f
.-
General
has
s::
./^
1
-i../
.
for commercial
/>.>/.;
.
•«
cash and all
recapitalization
plan.
.-
Delisting—
The
New
amended
2-4',;-
due
1,
Nov.
cash
general
159,
of
deposit
mortgage
for
amended
bonds.
New
2-4%
first
securities
and
securities under the plan of reorganization.
1972.
p.
dealings June 9 the
refunding mortgage bonds,
general
certificates
refunding
frtom
suspended
consolidated
and
available for these
are
—V.
first
1982,
consolidated
/.•;,/.•••/://
•:
•
Stock Exchange
York
.,
.
Food Machinery Corp.
Period End. Mar. 31—
....
(& Subs.)—Earnings—
Georgia's
stock
common
Florida
to
'
1944—3 Mos.—1943
Non-Profit
income
Earns,
In
share..
per com.
"After
taxes
provision
but
before
his
$747,258
—
transfer
sion
of
it paid
H.
rural
K.
with
1972.
compliance
Company Act," he added.—V. 159. p.
letter
$1.75
for
$1.02
contingencies
and
$692,864
$3.47
income
and
$1.62
profits
excess
renegotiation.
to
stockholders,
President
Paul
L.
Davies
"Our
says:
sales volume for the quarter ending March, 1944, amounted to
$42,250,000 compared with $7,043,000 in the corresponding quarter one year
ago.
With our substantial backlog of unfilled orders and our scheduled
deliveries
mat
for
the
volume of
"It
is
ensuing
stantial
quarters
of
our
fiscal
year,
volume
to
of
note,"
he
said,
materials
war
"that
manufactured
by
to
the
our
sub¬
company
during the first six months, the volume of manufactured goods of our
peacetime lines compares very favorably with
the
average
B&rmal
volume
of
business
done
in
pre-war
We
equipment
also
are
expenditures
needed
for
the
While
years.
ta cooperate with the armed services in
special
we
and
prosecution
augmenting our engineering staff
for the development of equipment
and
for
continuing
are
the engineering
successful
design
the
of
Davies
announced
Pump
Division.
vacant
Clarence
the
death
Mr.
Frazier
Edler
has
May
on
increasing
post-war
our
of .the
1
appointed
on
the
by Mr. Edler's death.-
record
directors
June
Payments
in
stock,
15.
A
1943
each; Sept. 30,
Jvme
cn
common
2
no
Joint
similar
were
as
dividend
a
payable
distribution
follows:
31
30
on
and
to
159,
30,
p.
share
per
holders
March
June
cents.—V.
35
cents
35
made
was
March
70 cents, and Dec. 31,
of
June
31.
of
last.
cents
35
1250.
The
icfc
promissory:
-'on
Wdy,
notei
tor
,
conditional'sale
26
authorized
notes
in
the
the
company
face
evidence of, but
not
purchase price of certain
agreement.—V.
159,
p.
amount
in
to
of
payment
Other
income
at
not
of,
■
par
a
exceeding
Miscellaneous^^deductions""""7
deductions
$3 574 qoft
* '•
Interest
for
funded
on
Other fixed
fixed
chgs.-
S3
$3,557,943
debt—™——
[
'
-
road,
..
Balance
w
•-
bills
receivable——
to
'
,
accounts
Other
current
Deferred
>
-
.
—
1942
•
■■■■■
-
:o
,
;
,
.
Preferred
Co.—$5
.
■
.
''
■'i-i'.Vsyi-nr
.
Brt
<
..
•
For'
.,;••
■
•
>
,
1944,
all
outstand-/
J,
..
*—
•
to
•
807,820
928,769
$4.25
cumulative
of
sale
any
Thq corporation
Otto
;
/
Bresky,
.
'
preferred stock
unexchanged
2,236
2,588/
601,000
—'
011
June
(no
shares
announced
6
President
cf
Rodney
'
■
' '
Sumatra
par),
on
official notice
thereof
underwriters.-
to
.
that
Jacob
Reed,
Milling Co.
Hawaiian
Acquisition
•
,
.
"
Maser.
were
no
total
this
•
'
,
Plantations,
Ltd.
—
Transferred—
A
of
company, it was stated.
More
Stock
'
Secretary,
on May. 15 stated that the company has reconcerning its property during the year
14,300. shares of Mawaiian Sumatra Plantations stock
news
of
transferred in 1943,
as
,
against 6,709
*
■
/-
in
1942.—V.
157
p
1459
..
Ha''es Manufacturing Co.—Registers with SEC—
The company on May 25 registered with the Securities and Exchange
Commission 100.000 shares of common stock (par $2)..to. be-publicly
offered by A. W. Porter & Co., New York.
naiio',- in
'
./ '•■•
•h\
Company has agreed to sell the entire block top
Porter,.Associates,.,
Inc., at $2 a share and to accept a promissory note
The $200,000 proceeds will be paid to Alfred J. Mi'rarida
.
.
■jr,K)Igp«c^ 'i
.
$14,951,336 $13,419,378
Chairman
;
' '
..
„
95,240
751,274
986,003
2,987.
•
Stork-
rreieirea btOCK—
0*1
273
a
Total
-
Stock' Called
WH
Hathaway Bakeries, Inc.—New Control—
ceived
1,100,612.
*
2,741
—
—
Hanna
.
:
.
the
>nd interest'to June"22, ^
; ' ;
'
/ *
•
.
5!.vk 't°wMr' BreSky contro1 of the
47,384."
.768,191
!_—•
assets
debits
»
$795,086
*
—.
assets
Unadjusted
-
>
—2,098,747
—
the
C.
1943
receivable—*—
supplies—
19
In
and President, and William B. Smith and Arthur. Gwynne, directors
had *esigned asof Jime 5' having, disposed of their stock holdings'
605,740
itm
and
"
$10,089,779 $10,035,438.
—
June
on
(held
$56,000
*4-
shares of
31
•-
*
and
'/■
•
.
of
of issuance; pursuant/.to the terms-of a plan of exchange offering to
holders of the'company's .$5 cumulative-preferred stock and pursuant:
-•—
$3,044,433
Dec.
5??
27>415
607,491
equipment, etc
Cash
Loans
Sheet,
'(EWT)
noon
sum
'•»-
$1,448,210
32,928
$2,953,008
General
in
the
The New York Stock Exchange has authorized the listing of 100,000
38,171
«?or
;
Assets—
exhaust
.
-
Investments
Y.,
to
2197.
p.
*
$1,437,454.
33'107
604,936
!—
11 '
x The City 'Bank Farmers Trust Co., New York, N. Y„ has been ap-'
213,749
pointed registrar for the/$4.25 cumulative preferred stock of no par '
215.385- value.—V. 159, p. 2303.--- -'/
'
V ' :
'
•'
$3,684,852
-
_
charges
income
'
*
Yofk,^c0-trliste^
New
at prices not to exceed'106%
listing ®
7)7^aw" ti'Wm
-^
16^977
lb'977.
--------
available
-
under
"ew
•
$1,435,818
-229,109-
Miscellaneous
mAn+
;in®
t
-
-
$3,812,945
Sfbaiance
the unpaid
eauipment acquired
2302,
•
-
■
sufficient
159,
Iraymeni
^
363,409
j
City of
will' until 12
-■
!The company has elected to and wiljj.redeepi^ on/July 6,
.shares of its $5 cumulative preferred stocH ^ghput par value
$1,659,114.''
}
223 296 -
-:
.
York, 'N.
the
) Tjistinff- of $4 25 Cumulative Prefprrpd!
3 956 416
479,076
'
New
(M. A.)
■
$5,615,530
income-/-—!— ;$3,564,T92 -$3,678,644
•
10,128
39,315
——
•'
.
income_!/__'!_' ;$3,778,393
income
Total
Materail
issue
»
(net Cr)vi-—■ 265,475
rents
St.,
...
1941
--
,
-
k
>
',
.•/1 ••.
For the convenience of the holders of $5 preferred stock, arrangements. have been made whereby stock may be also presented for pay-""
..nient at the Bankers Trust Co., 16 Wall St., New York, N. Y.-
-
,
*$4,127,814' $4,096,598
349,422 ••
283 654
.
operating
ry.
Miscellaneous
Fort Worth & Denver City Ry.—Notes—
SI,444,500 in fMrtljer
rents
facility
Net
Net
value,
operating
Equipment
,
declared
par
./
j
.
35,-Cent Distrbiution—
The
»
1942
.
position
the
to
■
operations-!-!/
ry.
manu¬
company's
manager of the Peerless
was
been
from
rev.
Income
Vise-President, Vernon Edler.
left
■
Net
(
;
:
•
1943'
Railway tax accruals-*—,„/___ /.
'
v
Georgia RR.—Annual Report—
.'
c
r'...r.;,
an;amount
p
/
-DO
Calendar Years—
/'
v«.
«
Chase: National Bank of
1944.—V.
of
war,
facture."
President
-
-
;
pa,y ie^v./Cleveland, Ohio, at $105.50 per share, represtopting the redemption price
Holding / °f ^105 an<^ the ^dividend of 50 cents, to acc^'ped 011 each such. Share
•.,.*• from
June. 1, 1944, to July 6, 1944.
•/•••
the
Railway operating revenues..^-- $10,604,038 -$9,122,570
Railway operating expenses
i
*, 6,476,224 • 5,025 972
Railway
addition
in
*
anticipate
we
billings will still further increase."
interesting
provision Jof
/
.
' stoking fund'),
a ./
Montclair; N. J.,..Vice-President of General Gas; .
said he favored the integration of Georgia arid Florida under the reorr
ganiZation plan, since the two systems were- built to be operated":
"together.' The transfer of General Gas's holdings- in Georgia lg- "a ■*
in
appli-
'*<
v
•
;
,
j
The
td
•»
.
for the preferred stock and would result in extenservice in a 24-county ftreditj'>:/••• •
step
>
'/ ' ■
L<A " ■'
v;w
GUli rOWCF, GO.—.lenders bOUgnt—
Broad
of
important
the
,deceive bids for the salevto 4t of first mortgage-yya^'^ bonds due 1971
/
,;
electric
Halligan
'
'
''
v...
Municipal',,
/•
$1,483,439
1
•
Corp.,' representing 30 electH^'cooperatives,; and
Valdosta, Waycroff and Bainbridg.e are apposing the .;
the grounds
that their offer would give General Gas
on
than
more
*
a76i.'.,.
p-
■
of
towns
very
1944—6 Mos.—1943
$438,068
Georgia
■
/
.
•'.•%,
.
Electric
the
South
and
Corp.
said
examiner
pFUbte. STSSSA®
,
.
the
■/.-West Ridge. Transportation :Ce, and its subsidiary...the Buffalo & Erie
.
under
-
Membership
Electric
J
4-g-'Officials .pf J;his corporation, have;announced/the) purchaser-of .the;
■
Power .Corp.
-
*Net
AcdUisitioni
shares of Georgia's $6 cumulative
for. $75,600 cash/and donate
sell 4,200
the latter; two proposals,
Concerning
•• •
"Deficit.-
Georgia
.■•;•',.•/,:/.;
.
and
?-■' "
-
to
Florida
y;f
■
cations .lacked specific information concerning use of proposed." securi-'
ties and.said more,, detailed, information on peeds of Greyhound sub- '.
/ sidiaries, ;among other data, was. required." ; -r ?'•
»
bid for Georgia Power & Light Co. securities •'
General Gas & Electric Corp. T :• " • *
•
' :
to
227 $19,7^43 $19,759,174
.
•v-,,r\'v
.
r
for wholesale resale'service^, and apply/on
cooperatives and three Georgia municipalities
and Exchange Commission .for permission
agreed
stock
preferred
r
747t^3Msi9^5|?7i '
*19
$A?44)3^
n
$4,500,000
a
7 ;
v,*-. V i-••//
'
•
.
Securities
the
'
'/.J
.
r-> ^mission by.Examiner WiHiam Fulton.
The examiner, however, recom-'
./. •/li)ended^that;the ICG defer action on the proposed issuance by Grey- '
.
.
of-electric
group
,
■
.
/t
Georgia Vower & Lieht C9.--SEC Asked to Pennijl Bid),
for Company—
A
' <y
.
July 1 to municipal and'cooperative cUstomers:+-rV/159, p.,-21'97;
\
.;
1944-^Month—1^43
1944—a Mos.-/rl943 /!5
$14,370,291 $13,559,225 $59,559,467 $59,166,797
$220./ $12,196 *>- $72,018. $59,504 ■-..Jtound ,of an additional/ 13,500 shares -of 41/2%:.• cumulative-preferred .'
v ? ('-•/•-* •••.•/. %
i (• ,/, / z 1
V
, r j./ j
/stock,/ He> also recommended disapproval of. the corporation's request «*2.r "f
>: i ". '/> ;
'• / vto issue. $10,000,000 ;of-3% sinking fund debentures to provide ad-
became effective .June
as
-Co.—May Sales- Up-5.98%-^
1
AA/recommendation, that, corporation -be authorized to issue and sell
35.498 shares of/new AVzf/e' cumulative preferred stock ($100-par), and ;
$60,867 ;/use proceeds do redeem 322,707 -shares of 5Va% cumulative preference'
/,.1,363
stock now:^eutstanding was>,made to■ the Interstate Commerce' Com-:
$73,323/;/>
.>•
by $i;058,00() anntoally/ 'r,
rates
service,
V
*
•"
subsidiary, of Conunonwealth ;«te. Southern Corp.,/.
by the Georgia/Public Service Commission to-
a
*
•
■
„•
i■/
"%
-v(
T
.19,679 1
I'' 7,931 ■VI
>
; /$0.08
•/
••
•
814 v..,,-4,048
-
-
r'V-^
'
$69,276$59,999Greyhound Corp.—1Refinancing— Y/
/
$11,726 ^
-
.330;
.
rate schedules
new
general
$310,600 in
*
25,692/
.
l;/■'/ :lc /'
S
;.
'
i
•
$0.09 •*•••;
v
-
;
i $113,375 ;r-"$87,609 :
,.
$396,*925$3^3,860
:
—
841
i
Tr/'".v'„
'/».•
.*
•
(H. L.)• Green Co., Inc.-—May Sales Up 3.1%—-;'
ordered
was
n
:
8,658
•
.1,937 *8,408-
>/"
$550
J
^ I5q.
^
11,113
' ;v-
~r—/
;/•
.
presently owned by
1,205
22,527
—
charges
$119,491
T.
't
■
2303.
p.
.'.Net,; income
.
Earnings per coipmcm
rr
^510,4,27
.
,'vt- '//.•/• v*-
—_
'
•
623,831
$18,098
2,081-; v
•
•
^
$634,855
.
to
,
..
June
have
MisceU.
applicable
.
"--.905-■!*
-
,*.
^
1944—-4 Mos,-^-1943
,
-4,436
.
■;
Georgla Power Co.—/Rate "Cut, Ordered-r-
1,594
-
,
—-—-7:".,'■/—/,—-r
-
.
"Deficit.—W159,
178,091
3,164
income.
from
/Surplus
$312,731
(Br)
ry.
Other
/ $306,788
^
<
(W. T.) Grant
Period End. May
4.722"-' "' •18,888 ' "
18.779 ,/;),Salei(
^,40^ ' -^11,927 ^' 9,381.; -—V. • 159, p, "19^3.';.
.
6,766
-
income
Gross
'
$71,533
,
rs'*
;/;■—2,221
•
,/»$355
income
income
;
1944—4 Mos.—1943
$74,418
,
have, been
$8>
...
J,
..
^t1..
Deducts,
$1,986,871
RR. —Earnings—
1944—Month—1943
„
•
,
_
4,/
2,813
.
1'
(Dr)r„.
,
"
,
,
(Dr)_
ry/.oper.
Non-oper.
(un-
income—1
Jt,' facil. rents
on
Fonda Johnstown & Gloversville
Period End. Apr. 30—
'
the, common
;^2^446/!/'l$f553f03.-//"'.$l24,428Vi.
'
4,722
'"""'2,994
insur.)_,
employment
This
Operating revenues
By. oper. expensesRailway tax accruals-_
w
.v135,346
,
' •$19,"020
accruals (reg. )
tax accruals
By. -tax
'
~
^
"ry.
from
rev
tax
Ry.
2080.
p.
'
MUtUal Fire InsuriiIlcei Co" 5 Ger*
business;jjlruiMhe>B««kruptcy
$162,795>$779,134^v-
$175,363
-«
operations
By.
.
Net
%v-,
r<
E. fOlson
1944-4-Month-r-1943.
-
revenues
Operating
$6,251,691
8,076
(net)
>
Larrowe, division./;; Mr,.
^
Net
Other
and* sale ;
.
w
,•
andCharleS
Jr.
the
of
Operating
2,100,000
$582,687
•/••
,
.
E.
•'Ry. oper.
Equip, rents
175,000
approp.
res.
issuance
.
$1,755,061 $21,193,462 $17,646,120
596,928
8,265,491
6,437,977
252,099 7 3,327,492
1,923,917
1
987,135 '
971,292 "
932,535
790,206
Federal taxes
proposed
Foods
Georgia & Florida..RR^—Earnings-—•.
.
1944—12 Mos.—1943
1944—Month—1943
$1,991,256
the
covering
*a,?f-M0l0^s vOrp.^aniingS^...,..^
Florida Power & Light Co.—Earnings—
-Period End. April 30—
statement
excess
,
"A '7%' cumulative
Operating revenues
Operating expenses
' 1
Germantown Fire Insurance Co.—Stock Registered--
.
,/tion to its fabric mill in Decatur, Ala.—V. 159, p. 2081.
;•*>
appointed Vice- ?
r
-,kv ?"•••: f
'•■
:
>
LaShelle. will^continue jn : : :
Mnlnrc PArn'
;
charge of sales and Mr..Olson continues/his administrative?respond*.;
.
bilities.
Mr. Olson
will-be -succeeded as /Comptroller by-J, Stewart
Quarters-Ended March-.31-^,,.-.
%•••";* t' 4'1944 f'-'/r'*' ;..1943,%'/i
Wilson.—V.
159, p.- 2196'-^ V- - 'W•->*-'
%
„ w, '.'• / -,;>'i> vFrofit-^terv;$865,925'v;.
$697,560 :
*r
' t•./•V.'i <<-' " J
'
' V-.
\
j>.) ?
P,rov./for-.Federal ; taxes ^an<i^contingencie3„'_i*- ^
469,000' '
353,700
prelerred stock (par $100), $2,876,200; comfenon
stock (3.000,000 Shares,
no par,
stated at $2.25 per share),
$6,750,000; long-term debt, $20,340,908; long-term debt maturing with¬
in one year, $258,658; Accounts payable, $171,200; dividends declared,
$55,531; customers' deposits, $515,551; taxes accrued, $478,235; interest
accrued, $258,750; other current and accrued liabilities, $10,606; de¬
ferred credits. $829,828; reserves, $15,240,281; contributions in aid of
jpenstruction, $76,099; capital surplus, $252,935; earned surplus, $347,236; total, $48,759,018.—V. 159, p. 1972.
=
I
issued
of
rate
„
•F.
Presidents
$297,000;
$50),
t
1>3^>6.f0.^
'
..
t
cumulative
4,691^
L+.
:
•, *
Af .the same time, tthe public; will be offered voting trust certificates
the. same .Scale, as'in/the.; ^representing shares) not; subscribed for; and all stockholders will be
company under: optipnal ; V.asked -^deposit., shares^in-the .voting' trust lor a ten-yearvperiod~;
the
$465,221; receivable from associated companies, $59,267;
materials and supplies, $433,194; prepayments, $39,517; deferred debits,
.$978,448; total, $48,759,018.
Liabilities—7%
SS;
-
$70,307),
girieS
inn li^i
•
;189,848 ; ,rof 50,900 yshqrea .($50 par) common stock,' together with voting trust
^
. certificates covering;^^them, ^was filed
with the Securities and Exchange
;.««• r.-.-i .••4Cpmipi$$Jon on. May 3L.i.:The company is being organized1 to* succeed
,
•
cluding working funds, $885,924; U. S. Treasury certificates of in¬
debtedness. $200,000; cash in escrow, $500,000; special deposits, $200;
^accounts receivable (less reserve for uncollectible accounts receivable
ol
iqi/
247:053
•'/
•=-?'- > r»■ A:**mhar.dt^ Arthur W',
Jones and Charles E. Dearnley, voting/trustees,:
Corp.—Secondary Offering—Goldman, r forvt^ purP°se pf £ forming- a voting .trust for, ten years.»; .?
••Sachs 8* Co. announce that the secondary distribution of
;v : /Adoif) Gobel Ine —Plan AnnmveH
76,900 shares of common stock tno par) offered at a ' f '
^
Approved—
;
fixed price of $42.25 ppr
share.^fterselling concession to • Act.r-v. 459.
close of
j
June 1 was oversubscribed.
-The
p. 2197.
."
;
-.
*
dealers was 70 cents per share.—V. 159, p. 2080.
.
,
•
• '"'r >
:
1
r'
•
>
-//^:'-'v; V* Goodyear Tire & Rubber Co., Akron, O.—Construction.
General Mills, Inc."—New Vice Presidents; etc.—
V / ^ .V •'The copipany announces that it has Started -construction on. an- addi* '
General
t
$167,269; cash, in¬
investments,
$45,029.9771
i9fi
■*■
28,200 )
,151,000.
on deposit with ,the.com-.,.' .Bioren. &
^Oov,,-Philadelphia/is-the prtneipal 'underwriter ^
^
by,,.General. American. Life,(.fpr; Jts; own :j,, .Proceeds .will ^e ;added,ttd and<'retained in the 'ConxpanyV's
Icapltal'
interest!payments .will be such as.;to .-,";share account for investments in' legalVsecurities
•
•
make the total rate of interest: 3.75% per-annum, including the
guar-.;
registration statement • covering the voting'trust certificates/for •;
anteed rate.
V, "159, p. 446.
s- •>,the.
,50,000- shares ,»;wasi fiied with the Commission by 'William H. 1
account.
„
capital,
Assets—Fixed
**
•»
pr^rty'^rpugh' income
_
Net
p
31.246
151,000
'
'
1
458,314 }
548,025.'
payable—;/—:/.//
wages
Ti&bilHv
159, P' 2303,
152,657
.«■*h
i.- *-
and
Total.^$14,951,336 $13,419,378
.$787,892
$569,952
•
Unearned
$940,549
.
-J".:.;./ i.-ic'i.M.?
left..with
proceeds
settlement
of
under
pany
789,559
72,200
144,601
—
income
$688,777
12,264
tav
A^Mtww-fto
dividend scale; for participating policies. Issued by this V
for its own account will be continued for the year beginprng- r
Otto J. .;Biirlan, Vice-President and.. Actuary, t has. an-, j
year
modes
$7,494,180
3,532,601
" 592,811
of
deprec.
for
fixed
Federal
'
$44,006
;
1,290 ;
:
;
$4,600,000'
<
Deferred 4iabilitiesi/—i-./_!/i—6,796,495
3,866,508 >
Unadjusted credits
2,983,377 ■«., 2,724,149.;
-
$939,259 ;;.
11,912
;
•
.
.
^ygy1v
1944,
Excess
past
1944—12 Mos.—1943
1,102,330
Operating
Operation
.
$34,280
nounced.
Florida Power Corp.—Earnlngs1.944—3 Mos.—1943
S'S
487,802
$676,865-
accounts
Accmcd
;
current
company
all of Topeka.
•Period End. Mar. 31—
^
-•
comtnpn^"gtPCk-u--_r—^
•
v
297,605
■
Audited
General American Life Insurance- Co.^Continues Div.' r'
Co., the Columbian Securities Corp.
share, are Beecroft, Cole &
a
and Seltsam & Co., Inc.,
*•
i
.
•
Miscellaneous < accounts payable!-/——.:——- •
Unmatured/rents accrued-!—\
<ti497nfii
8,777
—-
on
x «fiq roq
pai'fel'
665,666;
$43,057
.
—
;
cRono
$2'11? *
^44,443./
"
$43,670
...,.337
2146.
p.
>•
'
128,360 ,,i„542,79o% ,624,501
$41,511
1,546
(net).—
income
....
The company on
cumulative Ipreferred
$103
..."
income
159,
,,Q-
CQ-
■
,$7,218,866
.224,388
,,,
....
:^*,,53,638
Dividends declared
—V.
t
120,700
HfiR
*
Long-term debt"——!-l—:
-—J——:
$2,400,000
Traific and car-service -balances, Cr_*_•'
316,618
1Q47
*7 oi q
""fimb ifi'r
li'dli
'
|13f70().
^
.
:
■
^
.
*
income
Gross
.
..Liabilities—
>
10vr™
1071
477TsR-i
.npnmo
Income deductions
193,143,626 153,240,955
_
t
tax.;
Operating income
1QO Q17
25,873,326
■-—
surtax,-.
1Q..
^7iq So
,$719,542_J9,_129,071
i
1
Depreciation
79,995,305
O
a,
&
profits
23,615
86,654,427
—
,
Total
normal
excess
nnorotlnff
3~6~4~554
3,772,019
—
liabilities—
surplus
Jrf
568
accrued
liabilities
Corporate
Fed.
801,494
,
'
Fed.
102,288
50,416
1QA,
'{Sit xJJ
,$781,44£
„
revenues----
fnvU
109,387
120,147
payable—
liability
current
Deferred
Operating
1,066,543
payable
wages
'**•
60,238,000
2,725,066
1,204,569
payable
unpaid——
Unmatured
Accrued
balances
accounts
matured
■Unmatured
Other
60,014,000
498,417
—
service
car
1n.,
112,475
--
(& Subs.)—Earnings—
-
37,500,000
37,500,000
——
———
aid
term
Traffic
Galveston-Houston Co.
stock
in
Monday, June 12, 1944'
J.
Miranda
and F.
William Zelcer
under
the
terms
of
an
agreement
(Volume 159
)
entered
into
Number 4289
between
them
and
R.
July 19, 1943, when the Miranda
the
stock
Clark.—V.
Mr.
to
THE COMMERCIAL & FINANCIAL CHRONICLE
W.
Clark,
President of Hayes, on
transferred their ownership oV
group
159,
2197.
p.
"
:
The New
Woolen
of
Co., H.
T.
.,lnc., under the
V
The
four
the
Hay ward
of
name
consolidated
announces the con¬
Woolen Co., Schuster
and' Hayward-Schuster Woolen Mills,
associated
mills,
Co-.,
the -latter
Institutional
(t
It
;
Cornelius A.
like
to
act
elected Executive Vice-President
Vice-President and Assistant General
r,
in
charge-of
Charles
labor
Johnson
manufacturing
»■'
the
H.
the
as
T.
Hayward
Millbury
division,
Co.
division,
the
Quarter Ended March 31—
'■
___
Ruling—
M.
273,521
Other
Taxes
cost
130
Net
profit
Earns,
per
158,
$133,979
2469.
:
'■•
and
cents,
p.
'
all
Corp.—Earnings—
be
and
of
Comptroller,
Internal
Quarters.Ended M-ar: 31—
«Net
profit
Earn,
per
0After
1944
share—
com.
$0.84
depreciation, Federal
'
etc.
tThe
eral
taxes
states
company
income
on
$2,623,000 in
1944
1943
United
for
States.
tax
first
>
.
June
on
1
purposes,
Such
income
as
and
and
taxes,
net profit
for
current
$2,161,125
from-
1943
post-war
refund, and that provision
$100,000 in 1944 and $15,000 in
also
1943,
159;
after
in
made
was
for
the
have
July
Operating
Other
Badger
Hercules Powder Co.
Ordnance Works,
declared
payment
a
account
on
holders
to
1
record
of
June
of
15
Income
dividend
of
dividend
159, p.
XT.
S.
for
company
City
and
putting
by
.
2303.
to
New
York
District
effect
fare
The
Court
the
but
The
on
has
is
be
"
•
•
from
set
was
aside'
,
.
,
effective for 25
effective
at
once
,
days,
the
on
revenue' under the District
cents,
E.
Buck,
Court
company
the
mandate
Court
file
must
,
must
must
first
then
be
15-day notice
a
to
sent
the
vacate
taxes
profits
i__
gloss
of
intent
Net
new
now
the
as
uptown, maximum.
eight cents.—V. 159, p. 2304.
Period End'. May 20
Retail sales
,
—V.
159,
Hudson Motor Car Co.-^Awarded New Contracts—
the
annual
meeting
of the
stockholders,
held
May
on
Barit, President, stated that additional aircraft contracts of an im¬
portant nature had been awarded to the company in recent months
upon which shipments either had already started or were scheduled!
start
to
t
in
the
very
future..
near
Details
of
the
for
Is
company
giving:
attention
of
unemployment
added.—V.. 159,
will
contracts
.'.
'
-
<
There
be
New
•
plans for post-war production
muchv as possible the period, of
production,
war
have
been
p.. 2198.
for
Incorporated Investors—20-Cent Distribution—
directors
The
of
current
of
and
and
have
record .June
declared
accumulated
29.
April 30,
on
a
dividend
earnings,
like
A
amount
of
payable
was
20
July 30, Oct. 30 and Dec. 22,
share' out
cents per
July 31
disbursed
*'
'
; >;
29,
1943.—V. 159,
la^t,
p.
April
Period End. April 30___
1,147,455
Net
Balance
Railway
tax
$179,258
$365,330
$928,583
accruals-^
74,744
136,730
385,103
582,935
97,507
115,703
412,575
471,796
Other
ry.
income
$7,007
$112,897
$130,905
income
$77,207.
________
4,210
5,377
23,054
employees'
$1,864,729
$11,217
$118,274
$153,959
'
64,678
•'
17,287
.
;
3,108
2,807
12,383
72,078
164,152
$286,836
$431,157
42,097
167,322
income
*$33,405
—_—
159, p.
1863
$73,370
*$25,746
$303,885
'
Sales
170,323
Stores
in
operation
which
175,100
committee
protective
$111,736
has, been
organized
for the
to
general mortgage
consist
of
Eugene
M.
6ft
income
Matalene
gold
(Chair-,
and
$224,516'
-
-
•_
for the Southern District of. Indiana.
On April. 21, 1944, the.
petition was approved by the court and Albert Ward was appointed as
for
the
stated that
no
■
The
the
New
York
continuance
■
40,467
~
51,540
$211,423
____________
$168,582
.
Sheet, April 30, 1944
&
Nashville
p. 1765.
RR.—Annual
Report—Com¬
on
The
operation of the railroad, in 1943. was in many respects a very
one.Its freight and passenger volume was the greatest
history.- The stockholders, the management and other employees
feel a just pride in the substantial contribution made by the'
successful
company to the-war effort.
public for its cooperation. •
the1
of
1-926
the
there
year
Interstate
of
-
the
All- of
•
sincere
owe
reduction
some
Commerce
In
Commission.
thanks
to
the-
... ..
business
incident
■
freight
rates
under
Wages were increased
were-substantially
-
heavy
them
-
was
operation
year.
to
higher -than
in
the
-
to
the
present war, the year
and net income.
While1
produced the largest operating, revenues
revenues
in
1943
exceeded
those
$61,000,000,
of
1926
by
about
42ft, the final net income after all receipts and expenses ■
by only about $1,800,000,'or 9ft.
The heavy taxes of
nearly $68,000,000 in 1943 as against taxes of. only $7,927,642 in 192Q
or
exceedfed' 1926
absorbed what would otherwise
106,
1926 officers
or
an
per
to 32,541
$2,382.77.
been
much
a
greater net income.
were paid $78,177,-
numbering 53,049
of
$1,473.68.
In
1943, compensation
employees was $77,537,839, or an average-
person
accrued
of
have
and employees
average
person
The
The
company
property
investment
on
this
has
about
investment
investment.
.
stockholders
8,000
is* $536,225,828.
$16,478.
averages
Company
located
For
'•
in
every
earned-in
•
Beyond the contribution which
' ' '•
toward
"
1944—5 Mos.—1943
month
same
Co.
of
N.
J.—May
Curb
of
the
Co.
that
of
of
have
New
Jersey
date.—V. 159,
&
.
1943
states.
47
employee the
about 4.76 ft
unless
member
,
of the
committee has. any interest
in,
or any of its
Under date of May 24 the trustee sent a notice to all
persons having-.an interest in/ or claim, against, the-company, informing them,'
among other, things, that Aug.
1, 1944, was set by the court as the
date by which all' interested persons were to'. submit
suggestions for'
of
.
p.
Receive
Not
;
plan of reorganization, and Sept. 1,
the trustee of his plan.—V. 159, p. 1973. ,
a
1944,
for the
Net
—V!
York: it
will not be possible for The
Rft. Co. to pay on July 1, 1944, the
capital stock of. The Lackawanna RR.
such injunction shall be vacated prior to-
551.
.
.
f
$3,381,380
._-
159, p. 1974.
-
Mos.—1943
$2,526,020 $14,530,005 $12,487,391
"
;
.
'
The Securities and,. Exchange Commission, pursuant to the request or
Gas .Light Co. and the Laclede Power &
Light Co.. and
(parent) have filed an application: in the U. S'. District
Louis
for
railroad
the
.
makes
in
stimulation
normal
and
-
of
indispensible services—those who
operations in 1943. are expressed in'
follows;-.
as
Stockholders
J
wages
—__
$77,537,839
support of government-.
for
with
previos
*
67,977,416-
34,300,000
dividends
8,350,775
8,190,000^
Taxes—The following shows amounts of various taxes accrued,
pared
times*
needs
in'
year;
.
com¬
,
1943
Federal
normal
Federal
excess
income
and
1942
$5,079,943
$5,765*833.
51,196,632
surtax___„__
profits tax
the
enforcement
of
the
►
Total '____
32,392,879
$56,276,575 $38,158,512
:.
voluntary
tax
prop.,,
other taxes
on
plan
of
The
28*7 ft.
•.
of
1,968,575'
1,968,840
1,156,250
844,000
payable
Railway
.
to states
franchise, excise,
2,478,731
2,286,968
685,742
license
_
non-operating
522,510
and
5,067,870
property-,
25,280
.Total,
the,Laclede
St.
war
principally from its
The public-for taxes in
Taxes
Ogden Corp.
at
of
Employees for salaries and
Income
Laclede Gas Light Co.—Seeks Court Order—
Court
times
the
and
Carriers- taxing act (employees' pensions)
Railroad unemployment insurance tax
:_
Cripital stock tax
<
Bryant, Inc.—May Sales Up 33.9%—
End. May 31—
'
1944—Month—1943
" 1944— 5
sales
territory
the
Lane
Period
in
its
Industry for materials and supplies, etc., approximately
Bondholders, for interest—!
Western
on
shared
dollars,
last-
Exchange has been informed that, in view of
injunction issued by the U. S. District Court"
lft
upbuilding
commerce—and
$16,889,599 $15,622,858 .$78,980,622 $74,553,654
May, 1944, totaled 714, of which 62 were'
the Southern District of New
quarterly rental
company.'
business affiliation- or connection- with this corporation,
subsidiary or associated companies.
filing by
51
$220,122
the year's operations, Lyman Delano, Chair¬
man,. and. J. B, Hill, President, state in part:
In
.
Court
the formulation
331
$251,891
funded
on
menting
per
"
1944—Month—1943-
RR*
of
was
296,896
$220,071
Liabilities-^-Preferred stock- ($100" par value), $8,954,400; 'common'
(200;000- shares no par value), $2,000,000; funded debt; $10,409,325;. accounts and wages payable; $740;136; accrued interest,
$208,-.
736;
accrued
taxes,
$2,752,556;
accrued
depreciation,
$24,766,6^2;"
operating reserves, $230,756; unredeemed fare tokens, $96,123; surplus,
contingencies.
•
in
1
Delaware Lackawanna
^nd Bonald W; Hayden, with William A. Cluff,"
Broadway, New York,. N. Y., as Secretary, and Raymond L, Wise,
N. Y., as Counsel.
On April 7, 1944, the corporation filed a petition for
reorganization
dnder Chapter X of the U. S. Bankruptcy Act in the U. S. District-
It
1,113,702
$251,559
Balance
Rental Payment—
Broad St.,', New York,
and
1943 "v
$1,630,669'
1,265,057
1
■
111
of
1944
$1,827,412
expenses
the. operating
353,100-
$179,157
participation
with 723 stores in. the
year, including 62 Canadian.—V. 159, p. 2084. -
man), Lester S. Miller
trustee
Railway Corporation- -Earnings-
Assets—Road and equipment, $49,621,355; investments, $66,207;
cash,
$1,151,333;
U,
S.
Treasury notes,
$2,325,000;
accounts
receivable,,'
.$209,897f material arid supplies, $639,098; other current assets, $55,114;
other items, $200,848;
total, $54,268,852..
,
80
..
April 30—
income
Prior,
.146,109!
252,000--
compares
Lackawanna
bond's
Net
.
previous
$577,616
St""
Period End. May 31—
-
Indiana Limestone Co.—Protective Committee—
A
.
revenue
and. other jcosts
34,000
(S. S.) Kresge Co.—May Sales Increased 8.1%—
12,087
41,514
charges___
'■•'Deficit.—V.
...
income
Interest
order
13,723
16,765
.
^
-
|
Canadian,
Net
Gross
*"
$486,295
from
__________—
fixed
"
41,600
$68,794'
.
deducts
income
Total
2192.
p.
During
1,028,603
.
159, p. 2304.
"
There have been called for
redemption as of July 1, 1944, a total of
$142,000 outstanding 10-year convertible bonds" at 100 and interest..
Payment will be made at the First National Trust Co., trustee, Mil¬
waukee, Wis.—V. 159, p. 551.
..
•
's
J
20,641
Totql income
Miscell.
41,600
$84,521 '
;
12 Months'Ended
may
_
.
63,041'
$110,394
'
$465,654
________
oper.
*
Koehring Co., Milwaukee, Wis.—Calls Bonds—
$1,520,385
Equip. & jt. facil. rents
Net
158,
paid' and
L__'
operations
1
V
ry.
*
»
$190,207"'
taxes,
dividends
Louisville
75,190
6,598
16,502
113,000
income
"For
—V.
62,910
$126,121
:
1,242,902
31,713
82,076
Net income
t
4,034,644
$173,435
stock
1944—2 Mos.—1943
496,438'
8,344-
"Reserves
4,682,909
•___
1,
$1,947,453-
$910,165
8,685
________
14,436'
$189,031
310,796
-
-
from
rev.
1,018,959
security)
Depreciation
$1,326,713
expenses____
^(social
"
37,142
1763..
:?^°n^94oL $5,611,492 $5,555,029
i94iV:aoM°^94noa
$1,384,289
revenues
Ry.
of Aug.
'
629,144
jcixed charges
Indiana Harbor Belt RR.—EarningsOperating
as
1944—Month—1943
Operating costs
(general) ".
Taxes
to stockholders"
on
'_
'. Operating income
Non-operating income
$3,944,712 $20,773,039-$20,552,200
redemption
$955,598
Taxes
.
oper.
r
1944—20 Weeks—194T
York, N. Y.—V. 158, p. 2363.
period Ended Feb.—
$187,871
14,666
•
$4,110,159; total, $54,268,852.—V. 159,
called
59,860
$203,697
(net)
balance
Operating
Operating
_
Total revenue
t
income
Los Angeles
p74.
Kansas City Public Service Co.—Earnings-
Barit!
Mr.
Income
in its
*
of
$4,380,204
,
98,961
14,139
income
—V.
.
1944, out of
unapplied balance of sinking fund moneys, $5,000 of first mortgage
5ft;
gold bonds, due 1946, at 101 and interest.
Payment will be made at'
the City .Bank F'armers" Trust
Co., successor trustee, 22 William St.,
to
minimizing ast
after the termination
purpose
these
V
publicly announced shortly, he stated.
The
•
Kansas City Gas Co.—$5,000 Bonds Called—
(
A. _E..
20,
"
2
■;
102,671
82,392
v
surtaxes
(net)
taxes
1944—4 Weeks—1943
1974;
p.
earnings
Preferred', stock
$1,789,933.
1943
Jewel Tea Co., Inc.—Retail Sales Up 11%—
**.
downtown-line
The
'
At
31,
war,
1920
Net
Net
profits
not
303,740
etc.j
!_
and
104,273
345,832
salaries,
1,659,578
855; earned surplus, $4,790,261; total, $91,041,179.—V. 159, p.
until
effective
bonds
113,491
office
tax
deductions
Interest "deductions
$3,449,511.
$10,263,-
/
.
fare rates,
$83,088;
profits
operating
Miscellaneous
deposits,
$48,516;
State,!
accrued,
$83,641;
accrued.
taxes, $1,356,209;
miscellaneous!
presented for payment, matured bond
Federal
income
excess
106,918
Dr$48,948
customers'
on
excess
amort
'
$861,623.
960,000
-
interest
and' preferred
stock
dividends,, declared-funds on ~ deposit,"
contra,. $51,074;: deferred credits,-'$200,127; reserve, $8,301,342; con¬
tributions in ■ aid" of construction, $592,206; capital surplus,
to'
.
authorized the
; accrued
and
•■
Federal
1,705,570
Dec.
1943
$968,747
taxes
Federal"; normal
$1,739,752
miscellaneous
income" and
deprec.
1,657,867
$3,445,322
Sheet,
for
General
$3,498,459
income.,
Balance
A__—
commercial, gen.
operating expenses
8,048,861
1,300,000
.
1944
'
106,525
1,702,584
■____
interest
and
Accruals,
the
final,
providing the- company .charges similar;
its,uptown line in New York City instead of a straight 10-cent.
in
878,'*
..
consolidated net earnings of the-company and'
remaining after deducting therefrom an amount, equal
accrued upon the preferred shares.—V.
159, p. 2305.
revenues
Provision
Assets—Fixed assets, $82,726,701; cash on hand and demand deposits,
$2,319,739; U. S. Govt. Securities, at cost, $1,000,000; accounts receiv¬
able (less reserve for uncollectible accounts of
$144,195), $1,044^172;
materials; supplies.and merchandise, at average cost, $1,158,317; pre-,
paid insurance, $36,969; other current assets, $21,263; special
deposits,
$61,891; deferred debits, $2,672,126; total, $91,041,179.
T
•-
Federal
.
annual
Maintenance
and
Dr$50,281
income .__!
local
11 tokens for $1, will not go
General Counsel for the com-:
or
'
■
Lexington Telephone Co.—Earnings—
Liabilities—Cumulative, preferred
stock
(par
$100),
$21,908,900;"
common stock (par
$1), $1,053,770; long-term debt, $40,120,000; prom¬
issory notes, 2'A ft, payable Nov., 1, 1944, $530,000; advances by* banks,
secured
by installment conditional sales contracts, contra, $27,196;
accounts payable, $272,088;
payrolls payable, $34,140; customers' de¬
posits,
$534,376;
dividends.^-accrued
on
preferred
stock,
payablti
Jan.
1,
1944,
$336,510;
interest
accrued
on
funded
debt,
$453,-
"
the railroad
ICC
the
become
made
daily
The latter
already
after
approved
fare
by
fares, he said.
months
fare
the
10
John
Court.
and
ICC
The
usually
it
$1,000
of
The Supreme
injunction
between
the
dividends
8,463,707
taxes_/._
,
•
immediately,
District
raise the
not
prohibited
May 25.
,
said.
pany,
Federal
line
of this
Jersey-
.
which
approved
on
that
losing
cash fare; increase
effect
fares
does
asked
was
order.
Court
into
mandate
company
the line
request
the
City.
Court
changes
ruling of the .high .Court
a
riix
on, June 5 granted
increase fares on its
1944—4 Mos.—1943
!
12 Months Ended March 31—
.
the
of
into
; ground
,
Court
permission
downtown
order
An
-
,
Supreme
all
Operating
1
1942
$3,495,603
Consolidated
Hudson & Manhattan RR.—Court Allows Fare Rise—
The
of
subsidiaries
to
$14,961,893 $14,165,188'
—______
income
income
Net
.
$6,186,470' $26,487,469 $24,614,612-
;■'
Traffic,
1943
and-excess
from
1944—Month—1943
$7,674,689
1974.
p.
^
Corp.—May Sales Up 24.1%—
—
159,
5%
to
its
arrears
Statement, Years Ended Dec. 31
income
Deductions
operated ordnance plant in Wisconsin,
is completed.—V,
17ft, Mr. White said.—V. 159, p, 217.
The 900 shares of preferred
;
Company officials on June 7 announced that the supply of rocket
powder—probably the most revolutionary weapon of the war—will be
materially increased the latter part of 1944 when a $24,000,000 ad¬
a
159,
of
1
dition to
$1.33
contingencies.—V.
stock, recently drawn for redemption as
plus accrued dividends, will be
Francisco, Calif.
An additional
150 shares have been secured
by purchase and will be retired.
The amended articles of
incorporation provide that so long as any
of the preferred shares- remain
outstanding the company will apply
to the purchase or
redemption of preferred stock an amount equal
$3,233,301 $12,760,268 $13,1*74,707
...
Hercules Powder Co., Inc.-—To Build Addition—
and
(R. G.) LeTourneau, Inc.—Redemption of Stock—
i
Gross
v
income
on
ef 1944 than in the
corresponding period of any
of the company, it was announced recently by
President! of the parent company.
The four months'
1,639,226 tons exceeds production, in the same four months
of
'
Federal income
and
$2.02
taxes
Period End. May 31—
—V.
for
amount
emergencies
war
8.
p.
credit
140,800
history
Sales
1
$3,460,569
Operating revenue
Operating revenue deductions
State, local and miscellaneous Federal
amounting. to
estimated
___'
shares
months
the
Lerner Stores
1944—4 Mos.—1943
■
profits taxes,
provision for Fed¬
228,196
140,800
June 30,
1944, at $105 per share,
redeemed at American Trust So,, San
Consolidated
excess
after
1943
$5,422,022
318,757
,
income,
1944—Month—1943
.
'
*
$0.73
contingencies
in
contingencies.—V.
in
last year by
On July 1 and Dec. 11,
last, dividends of $1.75 per share for the 7%
series, $1.62V2- per .share for the 6y2% series, and $1,50 per share for
the-6% series dividend- arrears-certificates were paid.—V. 159, p. 2198.
$228,436
$0.35
and
is
of
'•
four
record
an¬
has agreed that
of this corporation
the
on
1941
-
1944
Robert V. White,
Jersey Central Power & Light Co. (& Subs.)—Earns.—
$109,684
$0.90-
income
that
1942
t$27«),031
$261,164
_____
Public
corporation,, a wholly-owned subsidiary of the Lehigh Coal &
Navigation Co., produced more coal from its present operations in the
Tax
Revenue
interest- paid on bonds
regarded,
1
'
.
—
1938,
3,
payable
•
:
the
,
certificates.
$0.23
of
Manufacturing Co., Inc.—Earnings—
shares
common
'
year
Corp.
*
Hercules Motor
(E)
This
,
former
cumulative
preferred stock outstanding on
at the rate of $2.10 per share for the '7ft series, $1.95
per share for the 6ftft. series, and $1.80 per share for the 6%. series,,
•
...
11
2304,
;
depreciation,
352.
+■
•
Section
p,
Lehigh Navigation Coal Co., Inc.—Larger Output—
159, p. 2083.
2083.
directors
arrears
Aug.
$231,689
$0.13
...'
•
per
'■■After
on.
Iowa Southern Utilities Co.—Dividends—
170,000
share___i:^__
common
p.
2.65
Interstate Department Stores, Inc.—May Sales Up 7%
The
2,700
68,844
accrued—estimated.
1,
Telegraph
&
Vice-President
Commissioner
__
12,885
.
the
Period End. May 31—
Sales-
43,073
23,492
Depletion—on
Feb.
when received by
non-resident alien individuals and foreign corporations is not subject
to United States income tax during the year 1944.—V.
159, p. 1974. - •
$417,274
.
of
$9,585,702
Earnings
$374,201
$226,446
J
record June 30, 1944.
A
1943 the company paid the
below.—V.
Corp.,
....
1944 are to
without, the
sources
;
73,967
income
Depreciation
—,V.
$152,479
provisions
sales
INet, profit
Number common
be
R-
Telephone
Sunstrom,
during
379,130
income
..Total
■
Products
„
...
that
.
^-V. 159,
____
On
will
351.
p.
dividends paid on stock and
$753,330
.
S.
nounced
1943
$425,999
'
______
__—
profit
shares:
share
per
Corp.—Proposed Consolidation—
Standard Coated
International
„
1944
receipts from ore sales—:
Operating expense
Gross
159,
In
cents
Net
'
Ilecla Mining Co.—Earnings—
Net
the
1
See
News
;'■..!
/■;•.'
,
under
La Plaiit-Choate
'
Schuster,
respectively.—(("Boston
.
3.75
of
last.
3,
these
on
of
shareholders
Jan.
on
cents.—V.
Interchemical
and
Manager in addition to -being
G. Aldrich, Roy Nelson and
operating heads in charge of
Bayliss
continue
the
at
; division
and
Bureau.")
relations.
will
dividends
2.12
1,
Group
paid
was
distribution
a
the
as
reorganization
Utility Holding Company Act.—V. 159,
Exchange has authorized the listing of 100,000
stock, series A (no par).—-V, 159, p. 2083.
that
Insurance
to
following
operating head during Mr. Schhuster'sabsence with the Armed forces; Valentine W. Gottschling has been
elected Vice-President of Sales and- will continue as selling agent in
charge of the selling company; and Robert J. Frost has been elected
j
announced
amount
Aug.
.
Callahan has been
is
made
corporation.
corporation-has
i'.New York.
^General Manager
of $4.50 Cumulative
Securities, Ltd.—Distribution—
Millbury
acquired all the properties and
manufacturing facilities of the merged mills and expects to .continue
all the manufacturing activities as formerly. ■ Sales for the consoli-.
'dated mill will be as usual through Hayward-Schuster Co., Inc., of
.*)
Stock
9 Mos. Ended March 31—
Winfield A. Schuster, of East Douglas, Mass.,
solidation
York
2417
shares of $4.50 preferred
Hay ward-Schuster Woolen Mills, Inc.—Merger—
,
Rayon, Corp.—Listing
Preferred Stock, Series A—
/.'
-
Industrial
•
4,908,152'
27,454.
$67,977,416 $48,398,043
ratio of
taxes
to
operating, revenues
was
32.5ft, compared with'
in-1942.
Provision is made in the Revenue Act
10ft
of
the
excess
profits
tax.
of
The
1942
Act
for
also
post-war refund
provides that an
a
THE COMMERCIAL
2418
secondary offering of 100,000 shares of'Common
par) at $36.25 per share. The issue was over¬
subscribed. Dealers discount 75 cents per share.-r-V. 159,
p. 2200.
•
.
1
made
40% of amounts paid in repayment of principal of
be • used to reduce the amount of excess profits
payable, subject to the limitation that the amount so. used shall
not exceed the post-war refunds The excess profits tax shown above
amount
equal to
indebtedness
may
estimated post-war refund,
Debt—There
Funded
was
net
a
Statistics for Calendar Years
revenues
Tons
freight one
Average haul—miles
rev.
of
Number
No.
of
6,421,218
1,229,426,261
203.3
1.89
Average, haul—miles
—.*
Rev,, per pass.-mlle (cents)
.
525,973,231
146.5
1941
1942
Railway
operating
debentures to
expenses
i
operations.
accruals ** — . » ****** m
from ry.
rev.
tax
Railway
—
1
railway operating
Net
Other income
..
25,513,401
4,521,724
deductions
Miscellaneous
—I—-
23,732,085
-4,889,987
30,035,125
97,069
income**.
——~
-—
'29,938,056
8,350,775
fixed chargesi*—373,524
28,536,177
8,707,469
421,126
21,213,757
8,190,000
>
Net income
—*_
—*„ ■
Dividends
__
412,942'
1943
$
.
Cash.
———_*;————
Temporary cash investments,—.——
Special, deposits
and
Loans
-
?
6,035
balances—Dr—*7
car-serv.
.6,158,227.
r.
Miscellaneous ^accounts
receivable**
_*
Material and... supplies——
———
—
Interest and dividends-receivable——_**—*.*—
Rents
receivable
Other
current
-i—
*.
-
assets^,——-—-———*
assets
Deferred
2,813,304
12,259,305
11,318,596- -12,251,055:
130,587
190,568
72,753
72,765
941,114'
1,175*4424,870,754
7,112,459
1,665,670
1,905,521
..
_
Unadjusted: debits -i.——*—-————*—--
825
3,831,189:
*.
2,752,753
25,355,657
receiv.-from agents and conductors
Net balance
v
■
;
156,
,
-
—
.
———
__*
UnmaturedAccrued
rents
tax
accrued
Other current
1,338,367
3,391,107
Depreciation
*__
*
—
—wii.——-
—
-V. 169, p." 2305.
.
90,791,598
631,664,362 590,487,965
'*>!•
■
'
,
Taxes,
~
possible
order.
position
reasons
it
is
to arrange companies - in exact
However, they are always as near
as possible.
■
The
directors
share
and
June
on
7
declared
extra
an
!-*
.
*
3,216
2,096,725
12,100
■
-
operating
Netr
income
income——————
.
Net
!
.
Uncollectible
oper,
1944—Month—1943
$3,488,062
-
rev.
5,238
Net
Total
-
—„——
income
General
and-administrative expenses*^other, than Federal——
.u.—i_
At the
taxes—
income
Net
income
-
-
$538,085
70,446
4,436
^ 62,180
•(:<,
$401,023
$200,767
—
annual election of trustees, held on June s, Franz Schneider
a
new
member of the board.
Eleven-members of the
elected,
was.
existing board were reelected for a three-year term.
*
'
1
Mr. Schneider is Vice-President and Chairman of the executive com-!
mittee
of the Newmont
Oil
Co.,
it
was
Mining Corp.
He is also a director of Conti¬
Lehigh Valley Coal Corp., and other companies.
On
announced that Frederick C. Crawford, President of
Thompson Products, Inc., had also been elected an additional member
of the board of trustees,
311,353
4,,7-OL':,'
r-20*900 -
,
Mutual Life Insurance Co. of N. Y.—New Trustees-^'
.
$226,732
65,519
1944—5 Mos.—1943
$6,845,147 $31,857,456 $30,984,956,
as against
month last year.—V. 159, p* 1976.' ;
!
208 in the same
1943
$291,887
—
1944—Month—1943
$7*570,073
nental
73,740
:
•
The .company, in May,.. 1944, had in operation 207
stores,
June. 8,
! $218,147
.
-
v
(G. C.) Murphy Co.—May Sales 10.59% Higher—
Period End. May 31—
.
SaleS
(Company only)
consolidated
$1,704,094
1,105,028
"
trustee, 115 West Monroe St., Chicago, 111.—V. 157, p. 2351.
previously published, for the three months ended March 31, 1943.
companies
•250,926
Munising Paper Co.—Redemption of Bonds—
Co. and Missouri Gas
' Elec¬
which were sold later in 1943,
and (b) adjustments of Federal income and excess-profits!'taxes record¬
ed subsequent to the release of those earnings in 1943.
These adjust¬
ments resulted in a decrease of $78,755 in.net income of $1,213,992, as
—
$436,221 ' $1,609,206
*285,287
-1,048,750
$384,585
1976.
p.
•
$1*135,237
1944-
.
There Jhave been called for redemption as of
July 1, next- $75*000 of
first mortgage 5% sinking fund bonds due July 1, 1947, at 102 Vi and
interest.
Payment wjll be! made at the Harris Trust & Savings-Bank,
of operations of Kansas Electric Power
tric Service Co., subsidiary companies,
3 Months Ended March 31—
income.^—
oper,
159,
$3,253,910 $14,005,867 $12,600,236
2,069,236
9,654,119
8,113,049
748,453
2,742,542
2,783,093
2,467,419
630,820
Net, income
Co.—Earnings
1944—4 MoS —1943
$3,261,243 $14,028,049 $12,626,114
7.333
*
- 22,182
25,870
$3,482,824
—V.
"
*
revenues
_
3,678,108
$920,118
1944—4 Mos.—1943
$50,160,388 $54,098,702 $189,306,068 $208,390,486
159, p. 2200.
Operating
purposes of comparison,
earnings figures published in
1943 have been appropriately adjusted to give effect to. (a) elimination:
Other income
>
Inc.—May Sales Off 7.3%—
,
Mountain States Telephone & Telegraph
$4,813,345'
3,613,412;
income
Income—subsidiary
below.—V. 159, p. 1149.
1944—Month—1943
.Period End. April 30—
.
Note—For
Income Statement
$44,729
.7
Co.—Develops New Product—
Montgomery Ward & Co
—V.
$4,423,772 " $4,454,250!
109,757
359,095
————-
(net)
pfd; stocks of subs. & other deds._
on
$29,186
field- of industrial and household applications by virtue of
withstanding sterilization.—V. 159, p. 2200.
Period End. May 31—
1,074,248
644,489,
•
income —————$4,533,530
Int.; divs.
3,217
$8,135
,
10.
p.
Sales
1,143,475
1,328,4.15
tax**—
——
Charges in lieu of. income & excess-profits tax.*
Oliver M.
Second
-
Whipple, associate financial manager, has
Vice-President.—V.
159.
1042.
p.
been'elected
a
*
(F. E.) Myers & Bro. Co.—Earnings—
.
6 Mos. End. April 30—
^Manufacturing, profits
Sell., adm. & gen. exp.>
Depreciation
1944
1943
$1,232,691
1942
$792,092
454,218
358,791
1941
$1,613,550
481,918
41,758
$1,220,032
$672,522
502,378
38,368
40*913
$740,105
$392,387
25,508
$1,089,873
4,232
2,997
$417,895
145,000
f63,000
$1,094,105
$675,519
_**—**„*
45,131
Note—Kansas Electric Power Co. and Missouri Gas & Electric Service
Co.,
previously consolidated, were sold during
1943. In the above statement of income, dividends of $58,312 received
in the three months ended March 31, 1943, on the common stocks of
these companies, are included under other income.—V. 159, p. 1557.of
159,
entirely newits ability to
2,553,067;. .2,462,833
--1,972,400 ; 1,953,203
—
taxes-—'
always
alphabetical
alphabetical
dividend
31,833
$44,729
$8,269
—
.
1943
"
not
Loew's, Inc.—50-Cent Extra Distribution-—
50
cents
the
regular quarterly dividend of 50 cents per share
on
the common stock, both payable June 30 to holders of record
June 20.
An extra of $1.50 was paid on Dec. 31, last, and one of
59 cents on June 30, 1943.—V. 159, p. 2305.
per
25,073
$11,351
$42,053
12,866
Operating revenues.*
Operating expenses
Operating taxes
"1944
'
Federal——————
other than
•
Federal
mechanical
6,703
$11,485
*
.
thermoplastic, the first ever developed that can hold its shape
strength in boiling water and yet can be molded by the fastest,
economical; methods, was announced on June 1 by Charles'
Belknap, President.
Known as CEREX, the new plastic opens up an
Subs.)—Earnings—
—
———
Federal- income
Taxes,
NOTE-—For
$18,054
s
and
.
120,532,116 108,321,977.
102,914,592
——
204
$76,562
A new
/
Federal .excess-profits
3,652,709
;
235
$67,126
most ;
Operating revenues ——
——
$21,536,812 $19,516,704
Operation* *i._—,
—
7,843,369
6,850,003
—i'_—1,306,964"
934,202
42,095,480
980,358
—_
——1.
Unadjusted credits
icTotai
23,768
63,286,974
———————
liabilities,—
Deferred liabilities
Corporate surplus
22,898
,n———,
^
liablity——
59
6,174
Monsanto Chemical
& Trust Co., trustee, 70 Broadway, New
3 Months Ended March 31—
Gross
—
75
$17,659
—
See North American Light & Power
Co.,
1954.
p.
Maintenance
;
—
$76,358
f
631,664,362 590,487,965;
,v.
J'
Capital stock, full shares outstanding,——- 116,862,600 116,862,600
720
Fractional shares outstanding,—720
136,680
Original stock and subseq. stock divs. unissued
136,680
Premium on capital stock,—*—
v
,*
;
12,117
12,117
Long-term debt'
***_——;*•—'■
—
206,536,576 218,054*474
Audited accounts and Wages payable—
4
13,338,582
6,182,121
429,649
^ Miscellaneous
accounts•, payable—*
a—
534,790
Interest -matured
unpaid——
1,246,330
1,448,539
Dividends matured unpaid,—
*_*_
116,668
97,932
Unmatured interest accrued——
1,393,244
1,397,244
$66,890
Missouri Power & Light Co.—Sale Authorized—
holdings of the company
Middle West Corp. (&
*
Other
Liabilities'!— •'
$17,995
6,644
,
25,022,500
689,470
32,022,500
1,369,229
—
—
bills receivable
and
Traffic
—
:
500,629,939 495,707,103
30,223,338
41,594,672
—
$17,584
-
Missouri Pacific RR.—Protective Committee—
York, N. Y., is inviting tenders for the sale to it at prices not exceed¬
ing 101% of an amount of secured sinking fund 4%% bonds due May*
1, 1963, sufficient to exhaust the sum of $45,450:
Tenders! will be
received at the bank up to*2 p.m. on June 15, 1944.—y. 157, p. 2045.
1942
$
*j.—
18,962
115,163
.
The ICC on Mar; 27 authorized Harry W. Harrison/Charles H.
Wolff,
Joseph Rieder, Victor Russell, Maxwell W; Gregg; Ole B. Knutson, end
John Hi Baker to serve as a protective committee for holders of the
preferred stock of the company and to solicit authorizations to repre¬
sent the holders of this stock, without the deposit thereof.—V.
159,
p. 2306.
' •
,
:' ' ■.
\ '. . v
a
The Central Hanover Bank
■
Assets—
Investments
—V.
Mercantile Properties, Inc.—Tenders Sought—
19,475,250
8,190,000
31
General Balance Sheet, Dec.
Balance
consist of 7,000 acres in. western:
Mississippi, with no mineral rights included,, although; the company,
has outright ownership of about 100 acres at the site of its plant at
Laurel, Miss., Alvin A. Voit, President, announced on May 28.
No
oil has yet been found on the company's property, he said. '
In Louisiana the company owns all rights on between 15,000 and
20,000 acres, mostly in Richland Parish, with some in Morehouse
Parish, but this land already has been prospected for oil, Mr*. Voit
added.—V. 159. p. 1975.
28,557,285
8,669,093
-
25,950
Preferred stock divs—
Mengel Coi—Timbef Eights, Etc.—
Timber
28,639,859
82,574
19,407,582
8,190,000
on
a
chases and for expansion.—V.
25,548,223
3,091,636
28,622,072
85,895
avail, for fixed charges
funded 'debt**—**—
Income
Interest
Other
'
.
—-—
Total
''
7,300
*
Net income
cost of 3.17%.
21,425,303. 23,280,630
3,290,835
3,229,753
984,053
962,160
*
.*
rents—net Dr—
facility
Joint
■'
22,694,732
3,930,498
1,111,829
'
Railway operating income-
Equipment rents—net Cr
69,795,892
48,370,589
18,818
6,300
operating income
Gross income
through 1958 and $600,000. in 1959. Hemphill, Noyes &
Co. acted as agent in the transaction.
Proceeds will be used for post-war equipment pur¬
41,492,757
18;212,127
90,646,868
67,952,136
.*,
18,643
in¬
Other income
Metropolitan Life Insurance Co. at an average interest
The debentures mature $100,000 a year
208,799,302 168,824,550 119,569,572
118,152,434 99,028,658 78,076,815
revenues---——
operating
of
4,636
has
has hold privately an issue of $2,000,000
group of institutions headed by the
—The company
$
Railway
of Cleveland,
1355.
p.
May McEwen Kaiser Co., Inc.—Bonds Sold Privately
Account for Calendar Years
1943
Net
Net
1.71
if-
Summary of Income
come
dividend of 15 cents per share,
payable July 1 to stockholders of record June 20.
This is the first
dividend since Dec. 1, 1927 when the last regular of 50 Cents was paid,
although a special capital distribution of $4 per share was made,
in 1930 from the sale of the company's Indianapolis
(Ind;) plant.—V. 159, p. 1765.
v
$8,976,429.
3,589,198
191.5
1.89
mile
one
$23,288,244.
159,
directors on May 24 declared
The
8.02
8.56
9.07
director.1—V.
a
in lieu
taxes
$341,942
$320,194
208,711
Inter, and other deduct,
221.7
224.9
230.1
$45,822,826
11,905,645
2,420,824,175
passengers
passengers
Charges
1944—12 Mos'.—1943
$87,102
37,169
56,345
4,681
Martin-Parry Corp.—To Pay 15-Cent Dividend—
.
Rev. per ton-mile (mills) :.*
Passenger revenue
Held-
President of Spun Steel Corp.
Harrison,
elected
been
$151,547,292
$136,689,523
$104,063,091
72,607,969
. 71,021,454'
58,504,412
mile 16,713,670,620 15,971,344,037 12,970,264,263
***
freight****—
revenue
R.
W.
,
1941
" 1942
1943
1944—3' Mos.—1943 '
.
$84,910
Majestic Radio & Television Corp.—New Director—
Comparison of. Principal Traffic
Tons
period End. Mar. 31—
Operating
revenues.—
Operating expehses
Taxes, other than Fed.*
Bullock's, Inc., above.—V. 159, p. 552.
See
1943 of $11,517,877,
r
Freight
(1.1
(I.) Magnin & Co. (uaiu,;—nearir
# uo. (Calif,)—Hearing
in outstanding long term
decrease
Missouri Edison Co.—Earnings-
a
Federal income taxes;..*
which was reduced-to
$1,139,113 by debt retirement.
The latter amount will be paid and
charged to earned surplus,
U. S. Government non-interest bearing
bonds' redeemable after cessation of hostilities will be received therefor.*
debt during
Monday, June 12, 1944
stock (no
tax
excludes $5,764,870,
FINANCIAL CHRONICLE
.
subsidiary
companies
Miiwaukee Electric Ry. & Transport Co.
Transactions
>
—
Proposed
Approved—
Company's proposed redemption on June 15 of $100,000 of its 4%
mortgage bonds at par plus interest and its acquisition of 9,000
capital stock shares for $900,000 were approved June 3 by the
first
Operating income
.
Int. earned & other inc.
Total
13,811
income
$753,916
Federal income taxes***
Fed.
profs,
exc.
220,000
taxes**
U93.500
Proy.,for. contingencies*
.
income
Net
292,000
--*,*-
180,000
343,000
80,000
■■
.
39,000
$340,416
$209,895
*__*
300,000
200,000
$379,105
400,000
$456,519
dividends
Balance^ surplus
*__*
$40,416
$9,895
$$20,895
$156,519
SEarnings r*per share***
$1.70
$1.05
$1.90
Common
•'
'
i
'
*
300,000
of its
;
McCrory Stores Corp.—May Sales Increased 10.43%—
Period End. May 31—
Sales
—,*
1944—Month—1943
***
The company
same number as
$5,733,377
1944—5 Mos.—1943
Period End. May 31—
159,
p.
1865.
.
1944—Month—1943
1944—4 Mos.—1943
$3,194,493
$2,938,535 $11,460,752 $10,697,433
'■
RR.—Earnings—
Period End. April 30—
Operating revenues
Operating expenses
—
.
1944—Months-1943,
$1,643,418
1,076,204
company's
,
Net
oper.
.
$1,619,476
1,015,412
'
Equip, rents (net Dr)**
Jt. facil. rents (Dr)*—
$567,214
1944—4 Mos.—1943
$6,701,976
5,007,515
$604,064
377,380
revenues-
Net
ry.
oper.
income.
income
—.
—
*
259,177
11,167
22,792
23,274
$6,527,132;
Deducts, (rtls., int., etc.)
income
Net
—V.
159.
p.
1
810,274
120,917
84,404
$300,582
55,860
53,832
144,276
$67,459.
$678,866
172,473
$354,414
152,655
.$201,759
per
Bros.
Co.—V.
by
159,
Total
revenues
♦Total
1,003,856
$2,023,762
1,457,036.
-113,013
76,841
$1,146,080
206,619
after taxes-
$740,590
$431,154
Cr30,212
$2,429,242-
$867,098
equipment-*-*-'
facility
Dr4,901
Drl6,298
Dr52,896
Dr9,668
Drl3,887
$852,529
Crl3,059
$447,480
<0*8,338
$2,360,047
$865,588
2,772
$455,817
$2,383,080
11,450
rents
Net ry. oper, income-
income/(net )—
.5,939,607.
—
$3,041,677
612,435
of
Cr23,033.
$1,428,325
,
.516,977
$911,347:
Crlll,586
Dr60,236
$962,698
Cr20,376
612,109
avail,
Inc.
for
charges
charges
.$0.97
share
a
.
.
.
n
.
for
1944, net profit Was $194,978, equal
comparing with a, net profit of $209,701, or $1.05 a
the quarter ended April 30, 1943i
/
:
,
share,
,
Sheet, April 30, 1941
,
Assets—Cash, $2,220,071; U. S. treasury bonds and certificates of
indebtedness, $945,125; accrued interest, $3,661;. B.
treasury notes,
series—at cost, $500,000; trade accounts receivable (less reserves,
qf $39*778)., $585,910; .merchandise inventories (less reserves of $58,tax
003), $1,091,102; post-war refund of Federal excess profits tax—est.,
$31,950; miscellaneous receivables and.other sundry, assets, $4,274;'
land, buildings, machinery and equipment (less reserves for deprecia¬
tion of $1,080,134),
$752,607; deferred charges, $37,419; total, $6,172,119.'
•'
Liabilities—Accounts
payable—trade,
pay rolls, etc.* $253,787; ac¬
on
income, $30,753; Federal taxes on'
refunds—est., $899,156; reserve for post-war
adjustments and contingencies* $317*151; common stock (ho par, 200,000 shares), $1,000,000; earned
surplus, $3,671,273; total, $6,172,119.
—V, 159, p. 1450.
crued
taxes—other: than
taxes
and renegotiation
income
share, with a commission of 70 cents by Leh¬
The offering was .completed in the
elapsed
time of two minutes. Bids were received for 44.709 shares
and allotments were made on a basis of 93.9%. There
281 purchases by 58 firms;*5,000 was the
were
allotment, 20 the smallest.—V. 159, p. 2200.
Secondary Offering — Lehman Brothers
largest
after
being
fixed
paid
(A. I.) Namm & Son, Brooklyn, N. Y.—Obituary—
fixed
*
tFixed
4,026
$983,073
116,772
1865.
(no par).
For the quarter ended April 30,
to
$1,352,699
$272,751
6,836,291.
$566,726
135,572
taxes
Net
Hire
$9,877,968 ' $7,367,931.
:
*
railway revenues
$1,032,407
——165,310
Other
of common stock
Balance
$2,734,943
1,702,536
«!
expenses
$2.28~
,
♦After, deducting cost of goods sold including materials, labor and
manufacturing expenses,
tAfter ppst-War refund of excess profits tax
of $21,500 in 1944 and $7,000 in 1943.
$Deficit.
§On .200,000. shares
1975.
———
(R. H.) Macy & Co., Inc.—Special Offering—A spe¬
cial offering of 42,000 shares of common stock
(no par),
was made on the New York Stock
Exchange, June 5 at
$36%
owned
'
■
$851,339
575,588
.
Power
are
Minneapolis. St. Paul & Sault Ste. Marie Ry.—Earns.
period End. April 30—^
1944—Month—1943
1944—4 Mos.—1943 >
Net
man
Electric
.
4,187,342
$1,694,461" $2,339,790
21,031
$155,875
$211,735
Wisconsin
securities
.
70c.—V. 159, p.
Other
income
Gross
Both
secondary distribution of 45,600 shares of Common
stock (no par) at $39% per share.
Dealer's discount
Joint
Other
the
parent,
2085.
Net
Taxes
Commission,
Minneapolis-Honeywell
Regulator
Co. — Secondary
Distribution1—Union Securities Corp. on June 5 effected
;
Maine Central
Exchange
a
[ McLellan Stores Co.—May Sales Increased 8.7%—
—V.
the
p.
and
$5,191,693 $25,204,541 $24,979,853
operated 202 stores in the month of May, 1944, the
in the corresponding month last year.—V. 159, p. 1865.
Sales
Securities
chgs.
S. Weil,
Advisory Vice-President and
Brooklyn, N. Y., on May 31.—V. 150, p. 1001.
'
$862,816
curr
Simon
$451,791
$2,371,631
amortization
Equipment
of
Road
(in
excess
normal deprec.)—
prop,
deprec
*
of
defense projects:
'
$45,341
-
on
$45,431
46,144
$180,303
155,803
$181,618
184,605
159, p.
capital
12.
A
on
2306.
par
amount
$5,
was
in
1943.—V.
a dividend of 12V2 cents
per share
payable June 30 to holders of record
paid on March 27, last, and in each
159, p. 2083.
National
made
a
Airlines* Inc.—Stock Offered—Lehman Bros,
public offering June 7 of 113,333% shares of
common
Missouri-Kansas Pipe Line Co.—To Offer Stockholders
died
June 1 declared
stock,
like
quarter during
tDoes not include interest being accrued on corporate books but not
being paid currenlty.—V.
the
June
.
39,023
director,
Nash-Kelvinator Corp.—12 V2-Cent Dividend—
$966,301
The directors
♦Includes
a
?tq^)(($li gaEh<at..$13.75
oversuj^ppb^dt oil) k.
been
a
share. The issue has
.
on
June
2,
Right to Purchase Stock of Panhandle Eastern Pipe Line
Co.—See latter company.—V. 159, p. 1356.
authority
■
The
.
to
Civil
eskbliiivfa jfjCWyf-oute between its home terminal at
AeroA'putlcs
.UglKJ
Boafo.
,9
has
already
granted
.
the
•
company
f. •*
THE COMMERCIAL & FINANCIAL CHRONICLE
•Volume 159- Number 4289
Traffic4 Statistics
and this will be inaugurated
ground equipment are available. The
company also plans to expand its present routes, and in addition has
applied to the Civil Aeronautics Board.for permission to set up new
routes, including routes which would extend its operations as far west
as Kansas City
and Tulsa, as far north as Detroit, and. through the
Jacksonville, Fla., and New York City
as
soon
as
Caribbean to
The
Mexico
to
route
new
City and South America.
New York
will nearly
being flown.
Company
Ave.
July
on
New Orleans,
and
,
v
,-
10,917.76
10,941.89
77,862,595
62,851,514
49,324,567
47,531,722
8,506,000,877
$162,017,837
5,454,172,976
$112,259,031
3,508,301,326
$66,609,863
3,047,294,655
$59,322,145
1.905 Cts.
2.058 Cts.
1.899 Cts,
1.947 Cts.
mi.
pass, per
train
Tons rev. frt.
.
frt,
Tot.
1944, the capital stock of the com¬
pany consisted of 500,009 shares (par $1), all of one class.
Of the
500,000 shares, the number outstanding on that date was 270,000
shares, which number was increased on April 13, 1944, to 280,000
shares, and on April 14, 1944, to 290,000 shares through the exercise
of options by Lehman Brothers, the principal underwriter,
and. by
G. T. Baker. President of the company, entitling -each to purchase
10,000 shares of common stock at $7.50 per share,, and. which number
was further
increased on April 29, 1944, to 386,666% shares by the
issuance of 96,666% shares, as a stock dividend (in effect, a stock
split-up of four shares for three) to holders of record of common
stock on April 28, 1944.
The 113,333% shares of common stock now
offered
constitute
the remaining
authorized but unissued common
rev,
__________
Passenger
——
'''Z.rv..;,,h
Total
oper,
;
of
which
68,547,071
53,156,074
39,454,595
92,454,568
77,989,733
89,735,382
bution
i
_}
expenses
{11,875,679
10,462,528
55,101
distribution of 50 cents per sharowas
on March 31. last.—V. 159, p. 20J1.
Period End. May 31—
Equip* -rents,-net-debit.
Jt. facil. rents, net debt
>
Net- ry* oper.
■
"
72,939,715
12*767,648
2,753,307
90,399,495
57,418)760
44,052,437
596,741
75,894
--
88,524*297
income.
11,636,288
2,706,151
.', 456,943
629,623
569,571
472,114
income
Drl7,173
Dr30,774
97,457
Total oper, income../
88,507,124i
90,368,721
598,849
v439,770
Expenses and taxes.—;
:.
-
-
The.' corporation
.—V, 159, p. 1866.
/
/
Non-bper. Income—,
Inc.
520,847
the week
For
ended June
2/this Association report selectric output
a decrease of .280,528 kwh.,
or 2.34%,
kwh. for the corresponding week a
"year ago;
;;•-:*>
/
Gas output for the June 2 week is reported at 09,787,000 ch. ft;, a
decrease of 3,410,000 cu. ft., or 3.30(/ below production of 103,197,000
cu. ft. in the corresponding week a year ago.
of
11,708,833
This is
kwh.
production
of
.
11,980,361
Electric Output Up 5% and Gas 2% in May— /
'
New
The
/
non-oper.
Gross
~
income
,
and
.
tax
Separately
England Power Association—Output Off 2:18%—
•
Amort,
of ;
Miscell.
.
•
,
Gross
operating
'operating
March 31—
revenue--—■ -----
.
simplification
6, has been post¬
costs''!-———-
Depreciation
...
'Taxes, other than Federal taxes
Federal
taxes
Balance before capital
:
Balance
Preferred
charges
charges
!
other
before
dividends—*—
$465,253
,
.)
*
$377,776
120,210
——„„
228,134
—V.
for common tiivs.
159/p.
and surplus-;
-
$540,092
"
Operating revenues
Uncollectible
1944—Month—1943
$8,4X7,701
8,508
rev.
oper,
Notes
Operating -taxes
32,138
"
■.
Net oper.
'V.
income
159r p.- 2087.-
.
•
*
$4,905;703
.
49,784,871
49,082,182
26,245,562
11,265,084
$5,141,835
3,033,983" ' 3,149,819
'
'
"
".
7,206/592 '
: 163,217
President, in his address to shareholders at the
stated, in part, as follows:
of $5.18 per share for 1943 established
;
•
"The
year
•
399,516
.
.
-is
158,810,672
-
108,013
8,430,391
13,776,030
.1,648,266
—
deposits—
55,837,085
—x—
31,846,184
9,778,024
13,997,891
.
*—
;
Material
and
andr conductors
'
;
11,156,501
Rents
receivable
current
:
Other
:
Working
2,380,887
1_"
i
•-
Discount
:
Other unadjusted- debits—,—
Total
funded
—-
485,915
1,127,069
.
.
.
.
3,774,783
252,338
.
.
1,321,291
180,935
1,070,284
debt
/
48,688,975
<
279,857
;
•
36,344417
'
$2,102,431,268 $1,952,770,540
of
There
shareholders
are
18%
now
in
increased
by
some
approximately 18,200, 77%
the'United States,
■
during the
being resident
70O
Approximately two-thirds
"The
war effort, it is expected that the
Pyrite/will continue; unabated in the-post-war period.
combined, net
earnings-of Waite Amulet Mines, Ltd., a sub¬
and its share of the net earnings of its subsidiary, Amulet
Mines,-Ltd./amounted to $1.06 per share in 1943, compared
with 78 cents in 1942.
The increasing of mill operation to 1,800 tons
a
day - naturally. augmented both copper and zinc production, anil
with
special, attention being paid" to. the higher zinc-content orebodies, the. production of this metal was very substantial, resulting
in higher profits.
'.'Canadian Copper Refiners, Ltd., another subsidiary, treated
copper
production from the parent company, Hudson Bay Mining & Smelting
Co., Ltd., Waite Amulet Mines, Ltd.-, Normetal Mining Corp., Ltd.,
Aldermac Copper Corp.; Ltd., and Mic-Mac Mines, Ltd.
At the'year-'
end shipments from* Aldermac Copper Corp., Ltd., ceased; but were
replaced by production from' Kam-Kotia Porcupine Mines, Ltd.
Sales
of Selenium and Selenium compounds increased
considerably, particu¬
larly, during the latter part of- the year.
In. 1942 it was - announced
that Canadian-Copper Refiners, Ltd., would build a plant for the pro-duction of Copper-Sulphate if apriorities were granted.
The project
was held up due to
scarcities, .but as. construction materials are now
in easier supply, it is hoped -that work, will be-started soon in
order
that sufficient Copper Sulphate will be on hand to
-
.
4,589,060
39,732
r
on
-
660,918
2,177,895
193,298.
,
InsUranre
'
,
2,212,718
,
-
assets—
fund advances!———
and other- funds
Other deferred asset?—__________
Rents and insur: prems. paid in advance
-
16*424,433
36,785*167
38,728,982
receivable-^—
—1
10,665,378
.
24.540,659
^
-
dividends
17,164
495
receivable——1
accounts/receivable———/
supplies—
/—i—
Miscellaneous
Interest and
:
number
,
.
1,653,377
52,896,782
143,450,000
—
from agents
rec.
,
1943.
sidiary,
8.448,229
...—
_T„—
'
,
...
Dufault
37*463,167
9,702
,.f
being utilized in connection With the
161,328,975
45,251,911
8,883,926
—
ap-
.shipments made
28,008,429
—
of
of. the issued stock is held in Canada.
"The production of Pyrite concentrate in 1943
slightly exceeded the
in 1942,
While the-bulk of this material is presently
3,894
28,032,673
—
and; bills
.
.in-Canada and
...
———
The increase
payment of slightly less than $9,000,000 in dividends
during, the year/ surplus was increased by some $2,600,000 to a total
of approximately
$23,800,000.
At a recent meeting of the directors a
dividend of $1 per share was declared payable June 15 to holders
of record May 12.
51,907,073
168,181,546
48,061,039
37,419,182151,857,993
—
of Canada-bonds.
- "investments in-subsidiary, companies"
and
$2;375,000 in "investments in affiliated and
resulted from the. transfer of shares of Canada
of ?some
companies"
demand for
——
bal.
decrease
interests. '
■
"After the
-
-
Net
the form of ^Dominion
Wire & Cable Co.,-Ltd*, and the bonds of Canadian China Clay Co.,
Ltd., from "investments in affiliated and other companies" to "invest¬
ments in subsidiary companies" and from the purchase of a
large
block of Canada Wire & Cable Co.,
Ltd., shares from United States
7,238,595
.
.51,969,689
—
Special. deposits'
Loans
'
New York Central RR.--Anniialt Mpbft,0 Year Erideid
Dec.-31,: 1943—Extracts from the renial-ks4 of' F; E. Wil¬
liamson, President, were cited: in- the; advertising pages
of "Chronicle" Thursday, June 8, page 2379.
;
1942
1943
—
-
,
net profit
„
:
i
in
other
50,449,623
■
$8,441,745 $34*025,871 $32,854)105
.5,648,185 1 5,578,442
23,156,252 , 22,018,015
1,558,178"' "1,570,391 * 5,963,916
5,694,255
$1,202,830 ,$1,292,912
768,201
818,628
income
58,966,279
•
27,313
-
:
Net
—
'
Time1 drafts 'and
$8-,409*193
•
•-
the
449,666
46,467,010
Cash
■
'
Operating revenues-.
Operating expenses
196,482
.—
..Miscellaneous
: $8,447,219 $34,058,009"$32,881,4I8
5,474
are.
"
$419,882
1944—4 Mos.—^1943
.
231,546
—
'Stocks
income
proximately $4,000,000 in
5,201
291,502
Z.
Advances
30— '
•
from
Other investments:
2 %
>
1,974,970
.91,116
1558/
Period End. April
1,319,142
1,587,756
672,121
,
charges
Bonds
a
to
a record in
/the hlstory of the company.
Of the** increase over 1942, 25 cents was
attributable to additional dividends from subsidiary and affiliated
companies.
Over three-quarters" or the "marketable bonds and shares"
22,776
25,283,481
physical .property——
-Stocks-,
$631,208
Co.—Earnings-
2011.
amount
"The
Investments in affiliated companies:
120,210
$257,566
New England Telephone & Telegraph
4,313
25,409,167
*62,734,050
Miscellaneous
20,705,215
Noranda Mines, Ltd.—Earnings for 1943—
9,434,993
income
Bonds
Balance
509,854
3,623
-
743,190
87,478
declared—,
dividends
503,898
..
.
69,931
164,460
197,800
_______
484,472
24,533,511
7,723
23,563,321
Improvement op
Sinking, funds.
Donations, and grants
(Cr)———
Deposits in -lieu of mtged. property sold--
"■
Interest' and
556,255
21,724,402
274,407
$1,135,969,523 $1,121,492,801
123,344,435
125,118,512
leased railway property.
$4fc441jl47
2,604,224
219,575
on. income--—
oh income——
22,077,464
22,392,182
279,621
503,047
■
./ •
Investment In road and.equipment*——--
'
24,348,164
$2,763,196 $10,681,765 $10,576,613
2,167,988
8,948,836
8,528,707
2,191,841
..........
p.
James Y. Murdoch,
"
."f
income—$2,651,300
5,812,909
annual meeting, held on April 28,
on
,
-
,
t
Comparative Consolidated General Balance Sheet, Dec. 31
164,460
*——
159,
6,368,968
The payment
$471,686.
Since their appointment in May, 1935, the trustees of this mortgage
series Lave distributed 13% in principal totaling $3,570,471 and
42%%,
in income totaling $11,242,645.—V. 159,
p. 739.
will
props.
discount
Assets—'
..
3,311,645
101,503
'
' —i—u'—
Maintenance
'
oper.
.
—-
61,714,706
Net income
1943 J
$4,460,236
taxes
New York Title & Mtge. Co.—Distribution—
*59*830
76,030,434
275,072
debt
.
1944—4 Mos.—1943
...
The .trustee of the series F-l certificates announce
distribution on June 30 to holders of record June 10.
the
1944
1944—Month—1943
$22,064,887 $21,445,600 $88,085,600 $82,701,789
oper./rev.
;
27,162
' 47,964
126,835 1
175,687
income
—V.
i
New England Power Co.—Earnings—
3 MOtiths'Ended
69,686
Net
:
21,095,814
deduction
gross
announced that the hearing on
plan of the system; which was to reconvene June
poned to June 27,—V. 159, P. 2306.
62,897
29)601u'^if#i£_/_imr /
176,699! a ?
86,788:; )o
109,201,060 108,048,462
accruals—.1
income
k
-
128,112
Net
17,586,375
funded debt
Hearing Postponed—
has
38,317
29,524
451,708
1,707,622
**.
unfunded
on
"Tcital
SEC
4,229,668
Operating
856,730
6,579,040
4,032,286
151,868
[ Delayed income debits!
Int*
♦
159, p. 2235/,
...
1,734,936
7,513,672
2,216,517
6,919,987
4,109,322
roads
oper.
-
Operating revenues.. $22,037,725 $21,397,636 $87,958,765 $82,526,102
"Operating expenses
13,017,457
12,821,531
52,928,836
51,244,274
"
18,514,217
(loss)
Int. on funded debt—•
:
111*801,128
7,418,534
•
;
Association
The
1,877,441
17,679,741
equipment.
Miscell.
yalue.
revenues
Uncollectible
3,721,045
1,299,468
403,304
20,693,936
——
leased
Miscellaneous rents
reports number of kilowatt hours available; for its
territory for "the week ended/ June -3,. 1944, ,as 55,164,514,-compared
.with 56,393,153 for the week ended June 5, 1943, a decrease 012.18%.
Comparable figure for the week ended May 27, 1944, was 6!l(015»035,
"an
increase lot
3.60%
over
the corresponding week ; last; year;
*
-
inc..
—
*
»
263,003
3,246,714;
r
from
2306.
New York Telephone Coz-Earnings—
; Operating
Deducts, from GrossTnc.—
Rent
increase of 10,166,000 cu. ft., or 2.08%, above production of 487,649,000
cu. ft. in the corresponding month a year ago.—V. 159,.p. 2306.
..
•
•
.
Total
.
-
-r.
Delayed income credits.
1944, the Association report selectric
output of 54,262,123 kwh.
This-is an increase of 2,550,281 kwh., or
4.93%, below production of 51,711,842 kwh. for the corresponding
;month. a .year ago.
v
/ \
Gas output for May, 1944, is reported as 497,815,000 cu. ft., an
,
301,'757
292,992
3,349,927
23,727
-
without par
;Pertod End. April 30—
,,
*
'Miscell. income-
For the month ended May 31,
•
i._
4*976,800
Among* the prospective buyers is Bernard* M/ Kirsch;' Vice-Ptesidenfc *
44,128,331
57,516,217
_
/'-funded debt
9.064,498
capital structure but excluding
.
of Pennsylvania Electric Co,—V.
•,'
•
,
■'
-
.
3,771,949
2,677,316
,
•
individuals
10
both
/
Misc.
Up 8.2%—
.
*
from lease of road V;,1
and equipment
287,580
Miscell, rent income..!
^54,857
non-oper physical v /,r . :/,
property
;—.
1,594,217
Separately oper; prop.—
profit ——
—
*
1,821,325
Dividend income—.—_5,335,004
Inc. from funded sees..
4,191,012
Income from
unfunded
sees, and accounts—,.
995,290
Inc. from sinking and
other reserve funds..
31,593
Release of premium on
-
'
New England Gas & Electric Association—Output—
"below
•
2,491,103-
1,483,303
has asked the. SEC- to. approve* the -proposed sale
wholly-owned * subsidiary/Patchogue (N. Y.) Electric Light* Cd„
for a base price of $625,000.. The securitiesvto be
sold consist of il;00O shares of common and
1,000 of preferred Stock,
to
.
which
•
7,726,819 .10,766,450
.
New York State Electric & Gas Corp/—To Sell Sub!
1
.::.
-
Miscell." oper.
1944—4 Mos.—1943
.
3,437,711
(•
of .its
•
Revenues
1944—Month—1943
1944—5 Mos.—1943
$3,099,510
$2,864,327 $13,340,356 $13,004)607
Sales
,
1944/-Month--1943
.
2,167,529
>
fixed charges on the present
rents under rejected leases.—V.
159, p.
58,394,876
16,095,341
15,300,710
2,132,250- _ 2,406,189
income 106,751,889 108,106,393
Railway oper.
-
i
made on the $2 preference
/
' -
Neisncr Brothers, Inc.—May Sales
con¬
$15,360^736 $15,105,770 $59,616,088 $56,914,116
revenues...
,
i
stock
finel
New York New Haven & Hartford RR.—Earnings—
Period End. April 30—
,
.
Reduced
a payment,of 50 cents per share against arrears,
"will be reduced to $7 per share by this payment,
,v
$10,296,136,
the
"
/
.
..
The directors have djeclared a dividend of $1 per share on the $2
10-year preference stack, par $10, and the regular-quarterly dividends
of $1.50 per share on the 6% prior preferred stock, par $100, and of
,$1.37%- per- share rm' the*5%% prior' preferred stock, par $100,' all
payable. Junfe 30 to. holders of record June 19.
The $1 payment on- the
$2 preference stock represents, a1 regular quarterly payment of 50 cents
share and
of
on
-
-
.
National Supply Co. (Pa.)r—Dividend. Arrears*
profit
gross
March 24, last.
Payments in 1943 were as
50 cents; June 25, 50 cents, plus 50 cents extra;
14, $1 each.—-V, 159, p. 1867,
on
26,
Net. ry.> oper.; income.—
402,669,598'331,438,111-278,674,980
Net operating ffevs.l.— .228,787,734:190,996,497 116,351,544
91,870,895 .Income* avail; for fixed
»-%, of exps: to fevenue—
v-charges-..
.(&7..60),'> ; (67.83)
f74.02)
(75.21)/
♦Net income
Railway tax accruals.. 122,035,845
82,890,104 43,411,829 33,476,019
Miscell. Operations—
!
March
Total oper/expenses. 477,337,099
company has mailed to
the year ended April -30/ a
A
total
a
considered allowable
and Sept. 24 and Dec.
9,680,325
111,035
made
was
follows:
;
______
Total oper.
The
per
from
$52,370,049;—V. 159, p. 2235.
"■After
shareholders/with the annual"report
copy of a specially prepared booklet
"Professional Investment Management", ' which' gives; them
: A more .intimate knowledge, of, the qualifications and experience;of ; the
[personnel of the management organizatiotl—V. 159, p. 2306... } " k
^
deducted
be
larger than the 10%
on
National
ientitled
•
Dry Bock Co.—To Re¬
on May 24 declared a devidend of 75 cents per share
the capital stock, applicable to the quarterly period ending June 30,
>1944, payable June 27 to holders of record June 16.
A similar distri¬
/
1944, to. Oct. 31, 1945;
for
-
New York City Omnibus Corp^—75-Cent Dividend—
706,124,833 593,666,096 447,789,655 370,545,875
Transp. for invest. (Cr)
year ending April 30; 1945/and
(b) the
services of. National Securities & Research Corp.
-
would
is
tract price of
12,501,829
equip.. 120,590,944 109,096,315
of
expenses
General
ap-
'fiscal
•
;
$5,092,480 to Government—
amount
7*987,109
7,143,584
6,667,758
6,596,590
Transportation expenses 234,558,397 197,544,216 162,457,180 139,498,310
Miscell. operations .... I 24,465,267 ( 8,462,733
6,351,038
5,510,528
'
Securities-Series "for .the
continuance of the
and its ;Economics
»and. Investment Department- as sponsor-underwriter and, investment
| manager for National Securities-Series for the period from Nov. 1,
'
statements
14,710,764
„
structures
Traffic
,
management
financial
$2,102,431,268 $1,952,770,540
—
'
.
The company has agreed to return $5,092,480 on contracts covering
the construction of the liner America (now the troop carrier West
Point), four cargo ships and seven combination passenger and cargo
ships, the U. S. Maritime Commission announced on June 6.
The
Maintenance of way and
annual
propriate
8,208,002
201,606,205
The directors
;;/ZZ''y!
I and -Co.-as independent certified public accountants to prepare
}l9,782,794
revenues.
Oper.Expenses—
intends'to solicit ballots from shareholders for
meeting Sept. 11, 1944, when shareholders will wote for
;.the ratification and approval of; (a) the selection of Miller, Donaldson
The
—
p; 2306.
8,636,734
253,486,928
Newport' News' Shipbuilding
-
switching,
Dining cars, storage—J
Maintenance
,
13,290,065
108,815,044
2,978
——
—
—
159,
pay
1940
____
Milk,
National Securities & Research Corp.—Management—
i the
14,341,467
139,052,640
-
.Express
National Distillers Products Corp.—To Acquire White
Rock Mineral Springs Co.—See that company, below.—
'
Central
$
$
$
$
480,665,605 428,254,134 336,878,403 270,274,027
——
162,017,837 112,259,031
66,609,863 59,322,145
12,908,893-11,999,746
12,224,781 11,803,146
13,778,434
11,132,496
6,911,242
7,313,917
etc.-*-) 36,754,064 (10,237,895
10,454,602
9,330,810
Revenues—
surplus
Total
—Y*
1941
1942
1943
Mail
V. 159, p. 2234.
Earned
Lines, Big Four Lines and All Other Leased Lines)
proceeds of the sale of the stock
amounting to $1,382,759 after deducting estimated expenses in the
amount of $16,908)
will be added to working capital and available
for general corporate purposes.—V. 159, p. 2306.
...
physical property.—
unadjusted credits—
Unearned surplus
Appropriated Surplus
for'Calendar Years
(Including Boston & Albany RR., Ohio Central tyngs, Michigan
Purpose of Issue—The entire net
-
Miscellaneous
$7.80
$8.43
$9.30
$9.93
Comparative'Income Account
stock of the company.
85,884
5,826,483
391,834
251,638,796
-
Other
0.92 cts.
,0.93 cts.
0.86 cts.
0.88 cts,
mile
Freight
—
and
—
Avge. rev. per
ton per mi.
Avge. rev. per
train
—
—
,
4,448,918
2,718,221
154,583
5,370,225
6,447,394
2,931,096
54,418,557
8,819,949
36,364,348
109,612
5,897,285
79,056
226,511,300
—2,961,835
—
96,739,627
8,664,618
36,090,999
debt
casualty reserves
Accrued depreciation—Road
Equipment
136,549,195
,
liabilities
funded
on
21,452,460
6,447,394
declared
liabilities
Premium
161,865,972
accrued
accrued
liability
current
Deferred
&;941,598,i20- 49,514,620,758 36,^75,515,274 29,308,4^8,658
$480,665,605
$428,254,134
$336,878,403
$270,274,027
carr'd 1 mi;
'
tax
Insurance
187,315,904
interest
61,090,200
5,500,000
57,371,081
7,318,452
45,904,026
3,958,549.
2,861,671
185,219
5,123,085
wages
dividends
rents
Tons rev* frt.
Capitalization—As of March 31,
■
Unmatured
Unmatured
Other
201,833,629
and
accounts
Unmatured
Freight—
carried
service
car
49,500,839
502,009,000
56,500,936
9,857,162
cos,
——.
$1.89
$2.01
$3.08
affiliated
to
$562,332,642
5,500,000
—
debt
accounts
Accrued
$4.11
m.
—
$562,332,642
,
46,651,561
501,951,000
37,237,200
balances payable
payable
payable
Interest matured unpaid—
—
Dividends matured unpaid—
train
serv,
per
and
Miscellaneous
Average pass,
'
:
Traffic
Audited
Tot. pass. rev.
,
bonds—
Non-negotiable
Avgs. rev. per
.
.
10,909.78
.
Tot. rev. pass.
carr'd 1 mi.
8,
via Tampa,
to 577,078.
10,783.95
oper.
trust
—
Debenture bonds
Passenger—Tot. rev. pass.
carried *—
1937* and now operates
Jacksonville and other
intermediate points.
It is engaged in the transportation of passengers,
mail and express, and also has a contract for air transport services
With the Government to aid -the war effort,
'
*.
•
The volume of the company's business has shown a steady and
..uninterrupted growth in recent years.
Revenue passengers carried
increased from 6.981 in 1939 to 68,080 for the nine months ended
March 31, 1944, while revenue miles flown gained from 573,130 to
1,785,457 in this period..
Pounds of mail cvarried increased from
188,676 in 1939 to 1,325,686 in the nine months ended March 31, this
year, and pounds of express and excess baggage carried from 29,475
incorporated
was
between Miami
Collateral
1940
1941
stock
Equipment obligations
Mortgage bonds
mileage
rd.
,
>1942
1943-
'
-
Capital
'
Lines, Big Four Lines and All Other Leased lines)
double the company s
adding 867 route miles to the 1,087 miles now
present flying mileage,
Liabilities^—
for Calendar Years
(Including Boston & Albany RR., Ohio Central Lines, Michigan Central
additional flying-and
2419
supoly the requirements of .Canadian -farmers nextispring. In addition to an expenditure
of some .$500,000 in •
construction, the, establishment of this, a new
industry, in Canada, .will give..Canadian, users an economic.unsubsidized
supply of a growing necessity and .will provide employment to a fairsized body of men.
„ - ■
■
■ ■
"The
sidiary,
net
earnings
were
of . Pamour Porcupine Mines! Ltd., another sub¬
slightly higher in 1943 than in the previous year.
THE COMMERCIAL & FINANCIAL CHRONICLE
2420
"Another
Hallnor Mines, -Ltd., -realized a -net
subsidiary,
done, there is q potential production of-from, 10,000 to
'
' *
••■(.•
Sale—
Ohio-Midland Light & Power Co.—Proposed
.
$
'
,
1
,
;
Federal
,
_
State
profits tax—.*™ —
excess
tax_,
income
..Retirement
accruals..—™.
reserve
1943
——T
and
notes
costs
and
627,839
•
18,705,950
3,645,790
Deferred
charges•'
609,092
(net)_M
,
;
19,189,207
466,554
,
accounts
16,068,500
24,648,369
42,213,169
12,264,272
3,107,720
18,690,683
™'
Other .assets
Property
1,128,897
26,337,865
47,522,838
15,577,301
receivable
fees—™™™™-*™™*;
Inventories
$14,-543,028 $12,396,543
5,298,436
6,474,2.35
1,114,520
836(0001,090,000
2,369,Q00
118,190
105,000
1,567,005
.1,754,5.13
revenues
Operating exp. & general taxes—
——
Federal normal and 'surtax——i—-
.
S., Govt, tax notes and accrued interest-™,
Accounts
.
b
$26,127,152 $27,043,994
.
Unbilled
^
'
.
1944.
Ended April 30
12 Months
Operating
;
.
,U.
L
Oklahoma Natural Gas Co.—Earnings—
,
payable June. 1, 1944;
*
■
"Operating conditions at the La India and Empresa properties in
Nicaragua have shown some improvement over a year ago, but there
is still a
shortage, of supplies.
As stated in.the report, the met
profits of Compania Minefa La India amounted to approximately
$490 000 of which $400,000" was paid out In dividends, while the net
earnings of Empresa Minera de Nicaragua amounted to some $237,000.
Empresa is reducing its loans and advances from La India, the nqt
reduction last year amounting to $144,000, leaving a balance outstand¬
ing of $265,000.
Several properties in Central America were examined
j
1290.;
on handi,._-_
S. and Canadian Govt, secufitiesJ.--^-;-*W-;*
*Cash in banks and
;
'44 Dec. 31, '43
Mar. 31,
Assets—
...
U.
Bfee "Associated.Elefctric Co.—V. 159, p.
subsidiary totaled $5,300,000.
•
,,
.
.
■
"Operations at Aunor Gold Mines, Ltd., a subsidiary, resulted in ft
slight increase in earnings over the year previous in .spite of a ^de¬
crease .in tonnage milled and an increase in operating costs per ton,
which were both more thah offset by an increase in the .grade of ore
treated.
A dividend of five cents per share .was recently declared
.
159, p. 1044.
acre.-rV.
.per
As In the -case -of Pamour,
war production, and that business on the books still exceeds a billion
•;dollars.
v,' . ; •'•
" '
;
Comparative Consolidated Balance Sheet
now,'being
.15,000-barrels
in the section where drilling is
He estimates -that
days.
profit -of
and $1,233,000 in 1941.
the shortage of labor curtailed both tonnage
milled and development work, mining being confined to the larger
lower-grade stopes where a maximum tonnage could be produced witn
a
minimum of labor. ' A five-cent dividend, recently declared, was
payable June. 1, 3944,'at which date dividend disbursements by this
$499,000, compared with $977,000 in 1942
come
Monday, June 12, 1944
.v.-—--
•
\l57,844,510 " 146,130,685 >h
'. Total"
'
;■'
Eiabilities—
■
■
_
.
.
Silica, Ltd., lost Some $24,000 in opera¬
tions in 1943, but in the supply of its products this operation has
contributed to Canada's war effort.
"..
"Canada Wire <& Cable Co,, Ltd., a subsidiary, in which Noranda
last year acquired a controlling interest- recorded in 1943 the greatest
production in its history.
The,bulk of its sales comprised war orders.
However, the net profit, including the refundable, portion of excess
profits, taxes, amounted to less than the year previous,, namely $943,000
compared with $1,091,000 in 1942.
Dividend disbursements in 1942
totaled $606,000, but for 1943 the-permissible distributable. net profit
was $527,800, representing 70%
of the average profits earned: in the
years 1936 to 1939, inclusive.
It was therefore decided to reduce the
dividend on the class B stock, with the result that total dividends in
1943 amounted to $431,800,"-
ment
for
1,571,059
for
Shares
outstanding
—_
1—
$1.04
share—i**™*,-™.
Earnings per
The
Service
Public
Missouri
souri
the
Power
&
159. p.
&
Gas
Electric
Corp.
1559.
Approved
to
Operating .revenues
"Operating -expenses
Power
Co.
May
on
asked
31
^Includes
1942..
at
handle
pro
248,058
$69,800
in
31, 1943 ■,:..
2193.
y
:
:
Quarter Ended April 30—
1389.
159, p.
time
in
';i
.
;
"'Case—
■■
,>"■
.
■
service
form
on
the
transcontinental
route
and
will
The
Board
in
Washington
for
to
permission
and Fargo
resume
Northwest
also is
another.
on
:
,
it
.
159, p. 2235.
>
Mo;,*
6 Mos. End. Mar. 31—
sales
1943
was
in
the
.public interest to do so.—V, 159, p. 2088.
and Fed. taxes, etc.—
JEarnings per share.*—
>
*
$1,956,248
$1,321,290
144,779
207,917
9,858
61,246
*64,293
$0.22
$0.24
fl6,769
Nil
providing for $85,902 for U, S. income and
$60,000 for contingencies.
(Loss.
Note—XT.
S. income
and
$84,000
—V.
and
excess
,
profits taxes
the
ion
the
'■ '
!
1944
(& Subs.) —Earnings—
1943
•;
Who
empowered to engage in other types
of business at a special stockholders meeting held in April, announced
on May-31 that it has brought in its first producing well in Montague
County, Texas, As a result of the action taken at the stockholders
meeting, the corporation's charter was amended to permit the com¬
pany to engage in the production and sale of petroleum
and other
oil
products.
The company leased 800 acres of land in Montague
County and drilled its first well in cooperation with the owner of
adjoining property.
The first well to be brought in, according to an estimate by C. L.
Lloyd, Chairman of the board, is capable of producing 2,000 barrels
of
oil per day.
Government restrictions, however, limit maximum
was
production.
According
In
the
to Mr.
field
Lloyd,
and
the
these
company
should
has
be
started two
completed
in
other wells
the
next
United
this
company
an
Payment will
redemption
Co.,
agent,
:
;
of
dividend
a
75
cents
per:
share on
States,'CirciUt .Co'urt: of-Appeals
23,
at St. Louis,
reducing
Illinois Natural
Federal'Power Commission order
a
company
sought. reversal' and
review -of
j
rate
a
reduction
to
investment
1942.,
capital of "$4,363;925 ordered by . the FPC' on
- 'W- 'V-:.;
; ",j"
John B; Sanborn v and ; Joseph . W.- Woodrough
the; Commission
.
1942 "
.
^shares of no par
50
,
1941
Pathe
60
keeping
greater experience
less than
a
"Patriotic
with
national
in :volume
nearly
third,
:
and Dec,
40 cents.-—
29,
states.
..
California^'.coiqioration, for their merger
Industries, Inc., an .Ohio' corporation., The-plan is to be
the: stockholders "of* the respective ' corporations, for- >ap(of -California),- a
,
to
Co.
Laboratories, Inc. (of California) is Similarly engaged In the
a laboratory in Hollywood; Calif.
-y
Industries, Inc., bwns extensive-i*eal estate interests in Cleve¬
land,. Ohio;; .and among its various subsidiaries owns' and operates
PRC 'Studios, PRC Productions, ' and PRC . Pictures,
Inc.;. world-wide
producers* and distributors of 'motion-' picture^ productions.
\>
The board of directors' of the merged- corporation' will, consist of: *
Henry:, J. Guild, Raymond J. Morfa,- Robert W. Purcell, J. Stinson
Young- and Kenneth M. Young,
«
,
-
The merger agreement provides : for" the following individuals, as
officers: Kenneth M. Young, Chairman, of the Board; J. Stinson
Young,
*
President; Robert
C.
L.
W. Purcell, Vice-President; Karl Herzog, Treasurer;.
and Arthur B. Johnson, Assistant Treasurers.; M.. Mi
Secretary;, C. -E. Peckham' and A'rthur B; Johnson, Assistant
Peckham
Malone,
Secretaries.,
dollar
volume -was
.
.
Peerless Cement
Corp<—Earnings^—
Quarters Ended March 31—
up
Net
.
loss
—V.
158,
after
p.
1944
1943
1942
$40,172
1
charges
2473.
$10,290
"
$92
,
Penn Dairies, Inc.—Bonds Called—
'
.
The corporation
has called for redemption as- of July
1, 194"4,
$100,000 of its outstanding first mortgage sinking fund 6% gold bonds,
*
Financial Position Strong as Year Ends
due
Jan.
First
quoted his company's present financial position
as
strong as at the end of, the last fiscal year.: He said that more
than 665 millions of war goods have been completed since the start of
*■•'■■■
-
The officers and executives of the various
..operating units of Pathe
.Industries,
including PRC, the Film Processing Laboratories, and
Pathe Manufacturing will be announced, after the first
organization
meeting of the new board of directors.—V. .158, p. 490; V, 155, p. 193."
interest, we have , plowed back
manufacture so. that, despite
greater,
a,
Pathe
war
four-fifths
"
Pathe
production dictates that profits must, be a public
policy," concluded the Packard President.. "With, .a war to win. our
productive efforts mUsfc be channeled into fullest cooperation -with the
Government.
Considering this proper regard for the national picture
and the necessary tak load,-earnings cannot be expected to soar."
head
-
paid;\
operation; of
war
Packard
1, *30 cents ^ each;
were
Industries, Inc. (Ohio) ■ -Proposed Merger-
Pathe
atre
.
.
output
,1943",*.the, following 'dividends
■proval,, at special meetings to be ^called* on June 26,
-:
Pathe Laboratories, Inc., is;engaged in the operation of laboratories
in Bound Brook, N. J.,, and New York; City, for- the developing artel
processing of motion -picture/film';'.'and' is the parent company-)of the
wholly-owned subsidiaries," Pathe'Mariufacturipg-. Corp. and State The-*
,
reported that business done in the first quarter
$113,934,499,
East year, comparable volume was
Billings are currently .touching $1,500,000 a day and will
the year proceeds, he said.
*
'
"In
-
Pathe Laboratories,
after provision for
totalled
engine
In
A plan of merger has been approved by "the officers and directors of
Inc.,' a New Jersey'corporation, and,. Pathe; Labora¬
.
/
"Shipments of Packard-marine and Rolls-Royce aircraft engines
79% ahead of last year's record first quarter," Mr. Christopher
an
.
Pathe Laboratories, Inc.—Merger Proposed-^-
:
•'
-
ran
this
year.:
See Rathe Laboratories, Inc.; below.
Christopher
declared.
current-
V.
price reductions on some contracts and a lower per-?
others account for slightly lesser profit,":'Geo. T.
on
as
.;
of
stock,, par. $1, pay able,Sept, 30, to
A^qxtartprly,: distribution of 40 . cents per;
April 1, July 1 and Oct.
159, p. 2307.
'
;
;
1944
' ■■■■ ■,
the common
*
' "■
Christopher, President and General Manager,
-Mr.
Inc.-^Increases - Dividend—■
declared .a .regular: quarterly .dividend
June, 1
on
holders of record Sept. 8,
share, previously declared, is. payable, on. July, l: to holders of record
A payment of, 40 cents.-per1 share, was also: made, on April 1
*
T July 1,
of the
;
of
on
cents per share
submitted
capital stock. ;
for Federal income taxes.
'
"Voluntary
centage Tee
directors
The
tories, Inc.
|$1,085,989 t$l,103,871.*$1,120,323 ) . $274,272
$0.07
$0.08
$0.07_ ;
$0.02
•renegotiation.
The
<
same
declared
Paramount Pictures,*
;
.
(
Corp.—Brings in First Well—
which
sinking fund".
Trust
'
^
;
15,000,000
$86,798,862.
corporation,
&
.
.
Note—The 1944 and 1943 figures of net profit are
increase
Nu-Enamel
This
Bank
.should be- free -from •; judicial interference' in
gas., companies. • Judge Walter G. Riddick,
dissented, expressed the opinion the - order In effect was a conReview "Tiscation- of company property : and exceeded- statutory limitations.—'^
.;■
„.... ■'%;;■
';■;
v.- v. 159, p. 2308.
■-/.
Yofume $113,934,49!) for Quarter.
profits taxes amounted to $180,365
quarters,of 1944 and 1943, respectively,
March
common
Mokan
of
no
..Concurring ..Judges
excess
159, p. 218.
for
of
of
Mokan, or any
equivalent
April 5, 1945.
stock
compares
June.-6 affirmed
on
Sept.
.
After
and
.
$2,409,512
Eighth
The
.
»';• .*■ After provision of $937,418 for normal;'Federal; income.: tax; and
surtax, but without provision for excess profits taxes, .tAlter Federal
income aird excess profits taxes (less ppst-war refund " of $554,461)' Of
f After $5,291,000
1941
1942
or
the management
Quarters End. Mar. 31—
*
$3,096,758
Net after expenses——
260,051
Net profit —34,826
Earn, per com. share—.
$0.34
stock
B
B
will expire on
Chemical
stock,
This
rates* of
6 xk %
assurances; ,fr,om'f North
to interfere with-the) management
Net profit after deprec.
Co.—Earnings—
1944
!
—
class
class
and its 'subsidiaries,'the
Gas Co. and the Michigan Gas Transmission Corp.
•
Net
of
out of moneys in the
the
directors have
on
the
received
$5,540,155.'.
Norwalk Tire & Rubber
of Panhandle for nine shares
and
stock
common
any part of his holdings
Panhandle, on the basis of
or
of
FPC Decision Reducing Rates Upheld by Circuit Court
into
■
-
of influence on
Packard Motor Car Co.
planning to establish direct-service between Port¬
land and Seattle.—V.
at
15.
The
Section 2 of the;Holding, Company, Act
influence meant something?.less;.in the
or policies of a* company than.
'control' of such company and rulesvNorth American ; had power to
make its influence 'felt if it -desired to dq so."''
>^1A
The case before the Supreme Court is' in fhe"* form of a '. request to
review * the Circuit* Court cf Appeals decision which ^upheid f.' the - order ;
of the Commission on the grounds that it had uncontrolled discretion
to subject a utility,
10% of whose -stock was owned by" a: holding
company, to regulation under the Holding Company * Act if it believed
•
Cities
all
par-value, payable June 26 to holders of record
with dividends, of 50 cents each paid on
March 31, 1944, and on April 15, July 15, Oct. 15 and Dec. 21, 1943, <
:
The SEC, however, 'Under
the
"(Controlling
.
Twin
holder- of
each
stock
shares
stock
The exchange offer
common
June
contended
provide
fourth daily flight for Billings, Mont., and Spokane,
Mr. Hunter pointed out that the airline has asked
nautics
180
or
common
and dividends,
the
policy matters of the company- or increase its . holdings,! ;; ;
or
Wash.
*
the Civil Aero¬
service at
Yakima, Wash., on one »of the transcontinental flights.
Service to
Yakima was suspended June 1, 1942, in accordance1 with> the curtailed
service pattern. put into effect when Northwest and .other airlines
turned over part of their fleets to the Army.
■
The company is • now awaiting final decision of its application for
authority to complete its coast-to-coast line by extending .service east
from Milwaukee to Detroit", Cleveland and New York.
>:
Now on file with the,-CAB are applications calling for service from
Butte, Mont., to Portland, -Ore., via Pendleton; west from Portland
and
Seattle
to
Honolulu; north from these points to Alaska, the
Aleutian islands,
and thus to the. Orient.
The company also has
asked for permission to fly between Chicago and Alaska,; with Mil¬
waukee and Winnipeg .as-intermediate" points on one route, and" the
a
of
to
exchange
Broadway, New York, n. Y.—-v. 159, p. 2308.
:
.
ever,
the
Pacific
company
had
American that it would not attempt
Milwaukee
to
common
.Larger-; Dividend—':i'-.;
The United States Supreme Court has decided to -review , the; case
involving the order of the SEC refusing application of the*'company ;
a ruling that it
is not a subsidiary of North .'American Co. 1 ;
;
When the Public Utility Holding Company Act of 1935, was, passed
North- American Cot. owned 17.71% of P. G. & E. voting stock,; How¬
Mr. Hunter pointed out that the additional service has been made
possible by return of two airplanes to the company by the Army Mast
month from the -pool of planes requisitioned by the Army from the
nation's airlines shortly after the start of the war.
Addition of the-new service will enable Northwest to resume direct
to
Mokan,
the
made
for
.
.
Court to
,
its
history, this corporation will Inaugurate
e fourth -transcontinental;daily round* trip' between Chicago
and the
Pacific Northwest beginning June 1,. Mr. Hunter announced last week.
Two additional "daily round trips" between Minneapolis-St. Paul and
Chicago, making nine trips in all, will also be included in the new
jschedule.
^
Panhandle
regulating rates of naUtral
Pacific Gas & Electric Co.—Supreme
;J;
;
offer
will
right
of
165
./
first
of
said
'•
Inaugurates New Daily Service—
the
shares
be
$3,380,617
.
of
The company has called for redemption as of July 1, 1944, a total
of 5,250 shares of its 5,60%
Vcumullative preferred stock, par $100,
,105
.
19441943
*
'V'?>
stock
common
Calls Part .of .5.60'%- Stock—
;
Z&.^$3,500,049
Net sales
—Y.
Mokan
stock
shares of commori' stock
*
'
B
stock
„
fc._:
.
on
combination
accrued interest, "$79,015.; customers'* advances
p.
1944, the right to purchase,
stock of Panhandle, at $30
on July 3,
shares of the common
the basis of one share of
163,710
two
stock (par $100), $2,314,100; - long-term debt,
payable, ■ $54,572; customers' deposits, $89,695;
$97,999;
registration statement for 531,638
which is intended to carry into
a
par),
Pipe Line Co. relating to Pan¬
by Mokan.
:,V"• V-;■.
Mokan will offer to the holders of its common and
full
;
of amortization, $58,686; total, $9,244,974.
(no
Missouri-Kansas
owned
Thereafter,
Oppenheim, Collins & Co., Inc.-r-Sales Up 3.5%—
'
For 'the
rata,
share,
class
yv
,
stock
of
for
$382,284
263,745
.
plan
the .plan,
per
$111,679; ." $118,539
1943 and $69,500 in
——-
taxes, of
income,
V V
-v
$9,244,974.—V. 158,
during April, .according to Croll Hunter, President and General
Manager.
This represents an increase of 1,456 revenue passengers
ever "the previous- month and an increase of*3,605 over the total for
April of 1943.
Passengers during the month were flown 7;276,760
revenue
passenger miles,. exceeding the total for March - by nearly
par.
class B capital stock of record
.
.
construction, $16,954; reserve for depreciation, $1,895,032contribu¬
tions in aid of construction; $52,449; eafned' Surplus"^ $267,158;' total,
A
total of 10,685 revenue passengers- were carried by Northwest
Airlines between points on its Chicago-Twin Cities—Pacific Northwest
of
common
shares
Under
-
261
—iLi.V
deductions—
Liabilities;—Capital
$4,378,000; accounts
routes
•
of
the
for
Airlines, Inc.—More Passengers Carried—r
March, 1944, and $7,840,538 on December,
performing Government contracts.
(Repre¬
shares, including 8,660 held in name of•
company.—V. 159, p. 1696.
on
in
use
account
10,500,975M
157,844,510 146,130,685
.
$139,000
effect
$382,023
$359,738
—
-
expense in .process
-
to
12,016,721
10,086,964
15,0.00,000 no
shares
Govt, securi¬
(less; reserve
uncollectible -accounts of $8;227,-$106,606; materials.-and supplies,
average
cost, $80,068; prepayments, $5,460; debt. discount and
I for
;
30,000,000 :,;
12,016,721
«-™.-
Panhandle Eastern Pipe Line Co.—Registers With SEC
Assets—Utility plant, $8,460,199; cash, $83,988; ,U. .S.
ties, $449,966; special- deposits and accounts receivable
the
3,000,000
; for each 10 shares of common stock or 200 shares of class B stock of
The purchase offer will expire on Aug. 12, 1944.
Mokan.
$359,300
Balance Sheet, Dec.
and Northern States Power Co.
26,676,069
30,000,000
;__™..._*™™*™™
Company has filed with the SEC
Calendar Years
for
——
Fedei-al
accrued taxes;
1,000,000.
and
-
•
:
.
3,250,000
have been called for redemption as of July 1, 1944, a total
of first mortgage 4'/2% 40-year sinking fund gold bonds
July 1, 1915, at 102and interest.
Payment will be made outv
of moneys in the sinking fund at the First National Bank of
Chicago,
successor trustee,
Chicago, 111.—V. 157, p. 2352.
;
.
Northwest
..
26,612,415
There
••;1943>
;-";T942^".
$1,447,060 ; $1,442,926
taxes___
1,087,759
1,060,903
income
other
and
income
Net
SEC for a further postponement until
Dec, 31 of a $806,517 payment -on the Deleware company's $7,530,852
open account indebtedness to the Minnesota company.
The payment was previously postponed until June 30.
A further
postponement is asked to reduce income'taxes and avoid changes in
the distribution of .The Delaware company's -assets under £' pending
liquidation and dissolution plan.—V. 159/ p. 2087..
> ).:■
'
(Del,)
the
to
dated
thereto.
income.
Interest
for
of
'
(Minn.)—Delay Asked—
(Minn.)
refund
Paducah & Illinois RR.—Bonds Called—
"
■
income
.Gross
■
•
States
-
438
operating
Other
Electric, output of this company for the -week ended June 3, 1944,
totaled 38,807,000 kwh., as compared with 37,626,000 kwh. for the
corresponding week last year, an increase of 3.1%.—V. 159, p. 2307.*
Northern
trustee
*
Net
restricted
by
■
\
Income
of
,
(Del.)—Weekly Output—
Northern States. Power Co.
and
;.—_™_*„„™___2i„_
sented
.
predict the eventual outcome.
Statement
.
Northern States Power Co.
taxes
Including $6,386,862
1943,
order in the integration pro¬
Holding Company
subsidiaries which
requires Middle West Corp. to dispose of its holdings in Oklahoma
Power and Water Co.
In 1939, the Oklahoma Legislature authorized
the Public Service
Co.
of Okla.
to acquire all the capital stock,
■properties, business, .assets and goodwill of this company, as and when
ordered and approved by the SEC.
Company is not able at this time
Light & Power Co; to
Chicago for $3,729,800.—
'V
■_
of
income
Government
■
,
by North American
Light Co.
Continental
*
■
ceedings under Section 11(b)(1) of the Public Utility
Act of 1935 against The Middle West Corp. and its
the Maryville, Electric Light & Power Co. to the Missouri Power &
Eight Co, of Jefferson City, Mo., for $1,271,288.
At the same time the Commission authorized the sale of the Mis¬
V.
the
January, ,1,944. company, prepaid $325,000
July 27, 1944. ; Including this payment, the
approved the sale of
has
Commission
during
matured
1943, $100,000, 5%
capital stock (par $100).
/ "
On Jan. 24, 1944, the SEC entered an
159, p. 2235.
North American Light & Power Co.—Sales
for
S.
...Total
:
notes and $150,000 of 3%%
year.
In addition company
of 3%% serial notes
funded debt of com¬
pany has been reduced $2,416,000 or 37% since 1932.
:
In June, 1943, .all the outstanding stocks of company consisting of
17,750 shares of 6% cumulative preferred stock (par $100) and 60,000
shares of common stock (no par) were converted into 23,141 shares of
$2,763,618
2,239,772
$1.23
$2,337,627
2,239,772
—
U.
tCapital Stock
Capital surplus
Earned surplus
cancellation.
In
135,000
profit
which
notes
.2.*™
3,877,335
35,000,000
••-.Reserve-, for conting. and post-war adjustments
notes due in Aug., 1943, and ex¬
Simultaneously, company aJso prepaid
$100,000 of 3%% serial notes due in. July, 1944, and $500,000 of first
mortgage 5% gold bonds theretofore pledged as collateral to the 3 ,4 ,c
serial notes were returned to the company and delivered to the trustee
1,050,000
net
Estimated
requirements—
,
tended the balance, of $312,000.
1,441,704
825,000
taxes—
.1—
2236.
prepaid in Mar;,
1943".
'
depreciation-^—124,000
Reserved for income and excess profits
Reserved
—V.
serial
$5,390,322
mining,- treat¬
& delivery, & admin, and general exps.
$3,231,933
845,955
$3,018,037
849,621
from
Oklahoma Power & Water Co.—Annual Report—
due
'1944
miscellaneous income——
dividend
159, p.
V—
——
„™.
During 1943, company paid $48,000 5%
metal production, -incl,
of
income
Preferred
Ended March 31
$4,857,686
Metal production and
Cost
Net
■
—V.
•
,
Results for Quarters
*™™—
25,059,585
999,568
4,334,214
38,000,000
payable
Deductions
Reserve
during the year.
"The Canada China Clay &
r
;
deductions
32,544,628
and accruals™.
employee earnings for war
... ■
bond purchases & payroll withholding taxes
.Res, for cost adjusts., wholesale discount, etc.
Advances by customer Under contracts™^™™
$2,168,416.: $2,385,978
579,365
592,165
Gross 'income. ™„i,*™,——2-Income
Accounts
$3,208,393
:23,540
$3,004,281
13,7{56
operating income--—-——
Other income; (nefK™___™•—™
Utility
p.
1,
1949, at
National
"
Bank
105
of'
and
interest.
York,
Payment will be made at the
successor
trustee,
T
4017.
(Continued
on page
2455)
York,
Pa.—V,
128.
«.
I
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
159
2421
n
United States Government Securities
Below
we
furnish
during the current week.
Stock Exchange
the New York Stock Exchange
on
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation
a
JuneS
Dally Record of U. 8. Bond Prices
Figures after decimal point represent one or more 32d of
June S
June (1
Jane 7
June 8
June!)
Dally
4Vis, 1947-52
Record of
U.
8.
Bond
Prices
Treasury
f High
Treasury
2V2S, June, 1964-1969
j
■{
[Close
101.26
Total sales in $1,000
1
on
the New York
June 7
June 8
100
100.2
100.1
100
100.1
2
2
•iimom
j
Low
ICloso
'
•'
,
>
units
—~
**
100
.
.ji,
100
100
.
100
100
*»
—
v
—
40
„
—
June
100.1
100
100
■
[High
2»/2s, Dec., 1964-1969——;
101.26
Total sales in $1,000 units
June 6
—'
101.26
fHign
[Close
bonds
100
[Close
j LOW
4S, ,1944-54—
June 5
June 8
fHigb
Low
Total sales in $1,000 units
Total sales In $1,000 units
coupon
point.
a
100
•6%
'
1
■
High
3 %«, 1946-56
2y2s
Low
•
[High
1 Low
.
1965-70
Close
I Close
Total
Total sales in $1,000 units—
sales in $1,000
units-;
High
3y8s, 1946-49
High
1967-72-
[High
\ Low
[Close
v
[High
2V<s, 1951-53
Low
■
Close
Total sales in $1,000 units
units
Total sales in $1,000
"High
3s, 1946-48
•
-
[High
High
111.5
2y4S, 1954-56
Total
2
—
[ High
112.9
Low
112.9
112.8
[Close
112.9
1
3
f High
i Low
1956-59
Total
!
[High
] low
-
sales in
100.7
100.6
100.6
100.6
I
2%s
102.24
[Close
112.8
100.7
100.6
Close
$1,000 units—
102.24
102.24
.
sales in $1,000 units
Total
sales In $1,000 units
112.8
Total sales in $1,000 units--
2Vis, 1945-47
Low
111.5
i
2%s, 1955-60
[close
111.5
j Low
sales in $1,000 units
\
Total sales In $1,000 units
"
[Close
Total
(High
Low
ay4S, 1952-55
Low
[Close
Total sales in $1,000 units
3s, 1951-55
100.14
Total sales in $1,000 units
sales in $1,000 units
Total
100.14
■
Close
3%s, 1949-52
100.14
Low
Close
2 Wis,
Low
—
2a,
1947
Close
Total sales In
•z
$1,000 units
High
Low
2a, March 1948-50
low
■
Close
Total sales in $1,000
Close
Total sales In $1,000 units
units
High
2 Vis,
1951-54
High
2s, Dec. 1948-50
Low
•
Low
Close
Total sales in $1,000
Close
Total sales In $1,000
units
units™
111.16
(High
111.16
Total sales in $1,000 units
High
101.26
101.26
101.23
I
111.16
[Close
4 Low
[Close
\ Low
2Vis, 1956-59
2s, June, 1949-51Total sales in $1,000 units
*101,4
1
[ Hign
(High
\ Low
2Vis, 1958-63.
2s,
,
in $1,000
Sept.
1949-1951
i
—s
[Close
Total sales
3
Low
.
High
2%S, 1948-51.
21
High
units
Low
[Close
?
Total sales In $1,000 units
r—
■
fHign
[Hign
\ Low
2Vis, 1960-65
2s,
Dec.,
1949-1951
•j Low
i
close
[Close
Total
Total sales In $1,000 units
•
[High
2%s,
1945
[High
2s, March,
Low
-■
sales In $1,000 units
1950-1952
Low
—■
Close
Close
Total sales in $1,000 units-
Total sales In $1,000 units
2%b,
(High
Low
[Close
High
\
1948
2s,
Sept.,
100.13
100.12
100.12
1
Low
100.13
100.13
100.12
100.12
100.13
100.13
100.13
100.12
100.12
100.13
sales In $1,000 units
2s, 1951-1953
[Close
Total sales in
—-
100.13
[Close
f High
{ Low
100.30
100.30
[High
Total
Total sales In $1,000 units
2
$1,000 units
23,
Total sales In $1,000
$1,000 units
1953-55
\ Low
[Close
Total
f High
i Low
sales
In
$1,000 units
(High
13/4s
1948
Total
f High
■{ Low
[Close
Home
Owners
•Odd
LOW AND HIGH
Monday
June 5
61%
61%
*112
114
•112
$ per share
•61%
62
114
Tuesday
June 6
$ per share
•61%
•111%
62
114%
SALE
lot
62
June 8
62
*112
114
$ per share
x62
62
*112
114
Sales
Friday
June 9
$ per share
*61'A
*112
for
NEW YORK
the Week
61%
'
STOCK
Lowest
Shares
400
114
Par
Abbott Laboratories
4%
56
•53%
56
•53%
55
%
*52%
56%
*52iA
56
Abraham & Straus
59%
•59 yA
62%
•59%
60%
•59'A
61
*59iA
61
Acme Steel
11%
12%
11%
11%
31
31
31
22
22%
22
12 Va
12
12%
•30
31
30%
30%
22%
*22
22%
22
•22
22%
39%
40
39%
•92
98
•92
5%
5%
30
56
56
26%
26 7
39%
95%
5%
161
38%
•90
5%
158
39%
97
6%
158
•30
21%
39%
22%
40
•90
98
6
6
158
158
39%/
*88
5%
*158
11%
11%
37300
*30%
311/4
200
22 VB
1,800
Address-Mutlgr
39%
6,600
Air
88
88
10
6
6
6
24,400
158
156
156
80
2%
2%
'2%
2'/a
2%
2%
2%
28%
30%
28%
29%
28%
29%
2
281/4
2%
29
40,300
17,700
56
56 y4
54%
55%
54%
55
54 Va
54%
54
54%
3,000
a
26%
26%
25%
26%
25%
26%
X25W>
25%
25%
25%
3,600
•83%
87%
•83%
87%
88
*83%
86%
*83%
85%
*83%
84 Va
12 %
12 %
•12
12 %
12%
•12
•143%
144%
144%
144%
145%
145
131%
13%
13 %
13%
13%
14
30 Va
30 Va
29%
30 %
29%
30%
For
footnotes see page 2431.
145
•14 Va
30
12%
145
14%
30
'12%
12'A
143 3A
*14'/a
14%
14%
14%
80O
29%
29%
291/2
29%
5,100
12%
143
12%
144
1,300
1,600
21
62
17
113
Reduction
Corp
—No
60
41 y*
Jan
57 Va
Sep
Apr
3
10% Jan
27
12% Jun
31
31
I9V2 Jan
6
Alaska
-10
pf A with $30
war
1
100
$2.50 prior conv preferred-No par
Alghny Lud Sti Corp—
gtd
Allen Industries Inc
Allied
Chemical
&
Allied Kid Co—
Allied
Mills Co Inc
May 24
26V2 Jan
75
5V2 %
No par
10Q
1
Dye
No par
3
No par
Sep
July
52
Jan
Par
100
115%
Jan
53
37V4 May 18
Albany & Susquehanna RR
Allegheny Corp
Jan
Nov
63 y2 Mar
35%
100
Min_
108
Highest
$ per share
521/2 May24
pat
Gold
7
May 22
51 Va
Jan 24
10
No
Inc
Juneau
Jun
$ per share
47
Alabama & Vicksburg Ry
AJIkS £ 'rrrsi r»;
Xl43%
52 V2 Feb
No par
Corp
38%
30 %
12%
Express
39%
2%
•83
Adams
Adams-Millis
Lowest
$ per share
109% Jan
No par
_25
;
Co
92
29%
2%
2%
29%
•5%
161
161
161
11%
$ per share
100
*53%
•59 V*
Year 1943
Highest
No par
preferred
54
12 %
Range for Previous
Range since January 1
EXCHANGE
61%
31
registered bond.
STOCKS
Thursday
June 7
$ per share
^Transaction of
RECORD
PRICES
Wednesday
sales.
*53 !A
12%
[High
{ Low
$1,000 units
•59 %
•30
2
Loan
Total sales in
NEW YORK STOCK
$ per share
,
[Close
Luvs
units
/June 3
$1,000 units
iy2s, 1945-1947
[Close
Saturday
In
:
5
—
<
In $1,000
sales
100.14
100,14
[High
1963-1968
101.12
100.14
Total sales in $1,000 units
Total sales
101.12
Close
I
Total sales In $1,000 units
101.12
-j Low
[Close
2yas,
5'/a
[High
2s
Total sales In $1,000 units-
2Wis, 1962-67
1
Close
[High
j Low
[Close
2%s, 1956-58
2
100.13
High
Low
1951-55
Total sales In
units
2Mis, 1952-54
3
-
CHigh
\ Low
[Close
2%S, 1950-52
100.36
Low
Close
Total sales in $1,000 units
2Wis, 1949-53
1950-1952
Jan
13
5% Apr 18
124.
2
Jan
3
Mar 29
1
7%
Jan
13
3
22% Mar 11
25%
Feb
32 % July
14%
Jan
2iya Mar
42 % Mar 13
38%
Jan
48%
90
67
Jan
76%
Sep
Jan
7%
Apr
Jan
128%
Dec
May
May 23
6% Jan
161
Jun
15
3
33% Mar 20
Jan
4
58
Mar 18
24V4 Apr
19
28
Mar 16
37
70
Jan 21
9V4 Jan
3
141
Apr 26
13% Mar 18
29y4Jun
6
85
2% Mar 18
3
23% Jan
3%
81
May 16
12% May 31
150
Jan
7
16V2 Feb
5
35V4Mar27
•& Jan
5%
Jun
3% July
Jan
321/4
13
Jan
45%
18 ya
Jan
31% July
64
Jan
75
7
Jan
140Va Jan
10% Jan
16V4 Jan
11%
165
Sep
Sep
May
Jun
July
14% May
37%
Nov
$ per share
$ per
•17%
17%
17%
99%
99%
*99%
June 7
June 6
June 5
17%
18%
18
18%
99%
99%
99%
*99%
37
37%
36%
37 %
37
37%
110%
111%
111
111%
111
20%
*19%
20%
20%
20%
21
2%
*2%
2%
*2%
2%
37%
37
111%
2%
*38
96%
97
*2%
2Va
39%
96%
95%
97
*38
39
*38
39
*38
39%
.
97
2%
*2%
94%
28
367/s
2,100
1,600
38
38
95
95
92%
95
1.000
*27
28
27%
27%
27%
27'/a
*60%
61
60
60%
60
62%
62%
62%
18
18%
18
18
xl7%
17%
X61
62%
15%
15%
*17%
18
17%
17%
63
62
62%
*61%
62%
*61%
15%
15%
15%
15%
15%
16
16
8%
9 Vb
8%
03%
89%
173%
174%
174%
35%
34%
78%
77%
89%
175
35
77%
23%
112%
35
*771'o
23%
23%
23%
*110%
*110%
112
*117%
118%.
117%
*14%
15
104
26
23%
27%
27%
61%
61%
7,000
American Airlines
17%
17%
3,300
American
*62%
62%
220
15%
5.800
American Bosch Corp—,—.—1
1,300
Am .Brake Shoe
39%
9y4
77
800
23%
23%
23%
23%
23%
112%
*111%
112%
*111%
112%
*111 y4
112%
117%
*11%
118%
11%
*117%
118%
*117%
118%
1.800
23%
*111%
14%
*11
11%
14%
15%
*11
14%
11%
-
15
104
100
11%
*11 y8
15
*103
360
118
117
2.500
15
15
'
2%
2%
26%
2%
*2%
8%
24%
9
3%
3%
88%
2,400
3%
68,500
97%
3%
*3%
21%
87%
...
——No par
——No par
$6 preferred———:
No par
33%
500
3%
3%
*3%
■
*39%
41
*73%
74%
6%
8%
'
.
9
8%
8%
*7
7
7%
66
8%
*6 7/8
50
*48%
16%
17
16%
48%
48%
*48%
17%
16%
17%
16%
17%
91%
91%
91
15%
91
91%
91%
91%
91%
91%
91%
91%
15%
15%
15%
11%
15%
xll%
15%
11%
15%
11%
15%
11%
11%
15%
11%
21%
22
22%
21%
120
120
35
34%
2%
119%
2
2
*119%
36
35
35%
2
2%
2
119
120
*118%
*34%
34%
2%
22
.
6,900
30,700
46%
46%
46%
47
46%
45%
46%
.45%
45%
43%
43%
42%
43%
42%.
43%
42
42%
41%
42
41%
42 Vs
9%
10 %
10%
9%
10
9%
*170
177
*170
17'5
*170
175
*170
9%
9%
10
9%
*170
175
'
175
*170
400
■4,300
45%
.45%
-
9,800
46
9%
preferred —————*—100
No par
Metals—.——No par
rAmer Metals Co Ltd———No par
6 % preferred.:—-—.—,—100
-American; News Co——No par
Amer Power. & Light-——.No par
/$6 preferred————No par
$5 preferred—,
No par
Am Rad & Stand San'y.—No par
Preferred
;
—100
American. Rolling Mill
—25
4%% conv preferred—
—100
Amer Mach .&
40
y
2%
10
.
.
175
—
13%
13%
13%
13%
13 %
14
13%
14
13%
13%
13%
13%
12,600
70
70%
70%
71%
70
70%
69%
70%
69%
70
69
69%
1,350
15%
15%
*15%
15%
15%
15%
15%
15%
16
16
15%
15%
15%
16%
16
16 5/8
16%
16%
16%
16%
29
29%
29%
29%
29
29%
37%
37%
38
38
38s/a
38
29
28%
37%
152
152%
149
*146
153
*41
41%
■41%
149
149
149
24
41%
41%
41 Vb
41%
*147
*152
151%
151
152
*151
*147
15%
23%
24%
23
15%
-
24
16
16
16
16
>
15%
16
21
21
21
/.
20%
20%
41%
41%
41%
40%
121%
122%
*123%
»21
*20%
42
*121
.
""
41%
122
122
122%
29%
*28%
28%
28%
160%
160%
160%
160%
66 %
66%
67%
66%
67%
67
150
*149
28%
28%
28%
160%
68%
67
67%
149%
X148
149
124 V8
1,500
1,200
28%
800
160%
11,100
67
67
67
900
40%
28%
160%
160%
67%
20%
124
28%
160%
15%
6,300
1,700
40
127
67%
150
149%
'*123%
127
15%
.
67
1,800
67%
68
4,300
148
-
—..
20
23%
*20%
,
-j
Amer
600
41%
149
22%
39%
39%
67
68%
66%
v,*20% ; 20%
1,100
41%
15%
*27%
67
67
67
Xl5%
.
160%
161
66%"
*28%'
160%
„
,
5,200
155
*147
23%
40%
21
*41
%
149
23 %
23%
23%
38
153%
41%
41%
41%
149
*146
24
-
37%
153
570
Safety Razor——.18.50
Seating Co——No par
Ship Building Co——No par
Amer Smelting & Refg——-No par
Preferred
———
100
American. Snuff——————25
6% non-cum preferred
.100
Amer Steel Foundries——No par
American Stores.———
No par
American Stove Co,
—No par
American Sugar Refining———100
Preferred
i.
100
Am Sumatra Tobacco———No par
American
290
*28%
38%
38
153
3,800
29
.
—
Tobacco——
Common
preferred
6%
10%
10%
10%
10%
10%
10%
10%
10%
148%
10%
10%
148%
10%
3,900
Amer
44
44
44%
44
44%
44%
44%
44%
44%
44%
44%
4,000
American Viscose
119%
118%
*118%
119%
*118%
119 y2
200
*11818
119%
*118%
7
90
•
,
83
82%
*4%
7%
:: 8i
82%
82%
'
4%
4%
4%
4%
*47.
50
*48 %
7%
..7%
•
*47%
50
:
26
,
4%
4%
50
78%
1,800
800
Preferred
25
25%
25
25%
17,200
26%
26%
27%'
26%
27
25%
26
25%
25%
920
23%
23%
*23%
23%
24
500
*114%
116%
*23
23%
116%
10%
*9%
10%
*9%
50
5%
5%
5%
5%
5 S/8
88%
88%
89
89%
89%
*102%
104%
i*102%
104
*102%
104%
40 %
40%
10%
40%
41%
10%
10%
9%
.9%
5%
41%
40%
10%
*10
.
9%
9%
9%
115
*114
*J14
14%
14%
14%
99
14
14%
99
98%
92%
91%
92%
36
*98%
98%
*92
*33
33
*
106%
92
*33%
% 106%
105
115
3
50
88%
.
14%
,98%
5%
*114%
9%
9%
*9%
9%
2%
1.900
1,500
14%
98%
98%
92
92
*90%
92
120
*34
37
*35
37
100
Assoc Investment Co....——No par
106
10
preferred
—.—100
Atch Topeka & Santa Fe——.100
5% preferred
———100
Atlantic Coast Line RR—
100
Atl G & W I SS Lines
—-1
5%
10,300
x87
87%
1,100
104%
*103
104 %
41 Vb
*103
41%
,
10%
*9%
114
14%
.99
92
*34
10%
9%
115
*90%
41%
•10
9%
.14
98%
of Illinois..
preferred
1% preferred —....
Armstrong Cork Co—
14
5%
88%
41 %
*10
Copper Mining—.———20
Co Inc
....
5
Archer Daniels Midl'd
—.No par
37
,
106V4
.
9%
114
*105%
106 %
.5%
.
41%
9%
*114
5,300
41%
10%
;
200
9%
*10
1,200
50
115
14
99
99%
2,800
14%
*104%
200
-
Armour & Co
$6 conv prior
.
5%
66%
67
65%
66 %
64
65%
63%
64%
63%
94
93%
94%
93
93%
93%
94
94
94%
93%
94
3,100
40%
39%
40%
38%
40
38%
39%
38
38%
38%
39%
9,700
29
29
*28%
29
28
28%
28%
28 %
28%
28 y4
28%
28 %
62
*59%
*59%
61
59%
59i%
*59%
60 y2
1,300
31%
32
30%
32
29%
30 y4
7,500
*109 y4
110%
270
4%
13%
13%
6,400
Atlas
■
*59%
66 %
32
32%
111%
62
32%
32
111
110
*54%
55%
*54%
*60%
61%
13%
13%
60%
*113
16%
13%
.
55
*54%
61%
60%
114%
*113
113%
*16
111
111
13%
13%
■
*113
*15%
•
16%
15%
11
11%
11%
11%'
11%
76%
76%
75%
76 %
3%
3%
3%
3%
19%
20%
7%
7%
'
*
74
13%
55
60%
114%
31%
110%
110%
13%
13%
13%
13%
55
55
55
*54%
55
200
60
60%
60%
60%
61
840
114%
114%
*114%
116
*15%
16%
*15%
*54%
60
110
*113% 114%
15%
*15%
16%
11%
10%
10%
75
61
30%
800
,
3%
3%
19%
20%
19%
7%
14%
7%
10
100
16%
10 %
10 %
10%
73
74
7,500
12
73
72%
*70
3 s/8
110
5%
non-cum
7%
15%
7%
15%
15
15%
•
'
j
:
.
10%
10%
10%
10%
66
66
64
64%
*62%
23
23
23
23%
22%
15%
15%
*10%
15%
Refining
conv pref series A_.
Corp
6% "preferred
Atlas Powder5%
conv
49%
16 Vb
16%
17
32%
*106%
8%
32%
32%
*106%
8%
8%
*110%,
114
'15%
-100
—25
—100
—5
50
—No par
100
-No par
.
—
——No
prior A_
78%
310
3%
3%
3%
28,000
Aviation Corp of Del
19%
15%
*34
1974
19%
19%
12,800
Baldwin Loco Works v t C-
•111%
6%
7%
15,200
8,000
Baltimore & Ohio_
*9%
10%
62%
63
22%
22%
22%
22%
22%
22%
15%
15%
(The)
par
No par
-—3
—
32%
32
*106%
8%
8
■
.
114
28%
32%
107
8%
*34%
35
*111%
114
10%
10%
10%
10%
11%
12%
11
11%
38%
page 2431.
37%
38
*27%
32
*34
*111%
*10%
11
37%
2.200
Barber
600
'
15 y4
*15
15 y4
49
*47%
49
15%
15%
15%
15%
16 %
1674
16%
16%
28
27%
27%
27%
27%
32%
106% 106%
8
22%
49
8%
35
114
*15
6,300
:
7%
35
114%
*111%
10%
11
X37%
*106%
8
*33%
11 y8
X31%
107
7%
31%
108
7%
*33%
35
*111%
10%
10% "
11 %
11
11%
37%
3,500
130
4,200
114
10%
■
4.400
600
'
32%
32%
107
10%
38%
60
37%
37%
10
13
100
..100
——.-50
—100
Asphalt Corp——
10
5%
preferred
No par
Barker Brothers-
5% % preferred
Barnsdall Oil Co
Bath Iron
—
2
66% Apr
6
16% May 22
23%
31%
Oct
x67
86%
Jun
23
Jan
34
Sep
76% July
Jan
52
47
4%
18%
Dec
Jan
8%
61
Nov
Jan
9% Apr
43% July
Jari
r
27%
Jan
Jan
4
127%
Jan
134
25
3%
Jan
8
71%
Jan
9% May
91% July
185% July
91
177
Jun
Mar 21
168
Nov
25% Mar 22
45%
18% Jan
6
25
26
5
Jan 10
Jan 10
Jan
8
,
42% Feb 25
132
59% Nov
19
"Sep
2% July
Jan
Jan
10% Jan
,
112
May 25
107
Nov
120
May 26
96
Feb
13
Feb
16% Mar
105
Mar
2
6% Jan
3
13% Deo
8
53% Jan 11
97%
■
Jan
1% Jan
7
10
Jan
26
Mar 22
22% Nov
5% Mar 16
Jun
80
July
24% Apr
116% July
112% May
11% May
18% Feb
6% Jan
29
Aug
104% Jun
54% Dec
4% Jun
42% Dec
2% Jan
1% Jan
10
Apr
29% May
9
May
Jun
5
Jan
87%
25% Apr
90% Jun
6
7
Jan
26
5
39
Jan
78%
Jun
Mar 23
30
Feb
36%
2% Jan
4%
Apr
Apr
102
37
4% Jan 21
Jan
21
74% Jun
5
43
7% Mar 31
72
9
Mar 25
Jun
7% Apr
48% May
5
Mar 15
16
May 23
12
Mar 31
120
Jan
5
13
36
Jun
8
70
5
Jan
66%
37% Jan
4% Jan
39%
May
May
Sep
9% May
7% Feb
Jan
47
Jan
Oct
17% May
82% Sep
7% Nov
Nov
68
Jun
July
40% Jun
Jan
2
6
93
2% Mar
35
53% Jan
5%
xl9% Mar 16
24% Jan
46 Vb
8
15%
Jun
7% Feb
10%
Jun
20% Jan
27%
12% Jan
Apr
125% Nov
116% Jan
36
Jan
x26
A
7
Oct
4% May
Jan
52% Mar 22
18% Jan
48%
49% Mar 22
16% Jan
45%
Oct
9
Jan
3
163
Jan 22
12 vb Jan
3
10% Mar 13
6% Jan
11%
Jun
62% Jan
13%
13%
26 %
36 y8
3
Jan 7
Feb 21
Jan 3
Jan 3
170
1
154
173
Feb
10 Vb
Jan
16% July
54
Jan
69 % July
15% Apr
18
May
5
8
8% Jan
16% Jun
8
<12% Jan
Feb
16
17% Apr
30
39% Mar 16
156
Apr
4
43% Jan 20
151
Apr 24
25
36
32% Mar
Dec
Dec
47%
161
Aug
45
Apr
141% Oct
151% Aug
29% May
Jan
21 % Mar 16
19%
16 % Jan
11% Mar
4
22% Mar 21
41% May 29
124 y8 Jun
9
12
16
33
Jan
Jan
21
6
161% Jun
1
3
3
67% Jun
7
6
Aug
32% Aug
158% July
127% Jan
42% Jan
68% Jun
Jan
3
Jan 10
6V8 Jan
3
67% Jan
3
4
Jan
3
44
Feb 16
24% Jan 26
Jan 24
7
Jan 6
9% Jan 10
2y8 Jan 2
42
Jan
3
4% Apr 19
74 % Jan 9
85
Jan 3
35 V4 Apr 18
9% Feb 17
8% Jan 3
102
Jan 4
12y2 Jan 4
90
Jan 3
85% Jan 3
33
Jan
May 19
Jan 19
Jan 3
Jan 7
Jan
3
25
Feb 15
59 J/4 Jun
7
24% Jan 14
107% Feb 18
11% Jan 3
53V4 Jan 7
52 y4 Apr 19
112
May 26
14% Mar 31
7
Jan 25
66
Apr 19
3 % Jan 3
103%
53y2
82
25%
Jun
6
11% Jan
19
46% Mar 16
63% July
65% July
43% Jan
129% Jan
146% July
12% July
6% Jan
32
49% Sep
121% Aug
Jan
119% Feb 21
115% Jan
8y4 Mar 15
3% Jan
90 y8 May
13
9% Mar 16
89% Mar 16
5% Mar 16
50% Apr
11
27% Mar 16
27% Mar 16
25% Mar 25
Jun
115
91
Jan
150
Dec
17% July
Jan
17% Jan
56% Jan
57% Jan
139
Jan
30
Apr
144% Feb
35% Jan
21% Jan
7
Jan 3
Apr 19
Apr 26
Oct
14% Mar 16
155
8%
39%
116%
6%
84l/2
Oct
71% Jun
Jan 13
39% May 9
147
Mar 8
22% Jun
9
15
Jan 20
16% Jan
3
29
Feb 11
111
Jan
7
26% May 17
147
May
53%
Jan
9
88%
-
May
Nov
3% Jan
8% July
55% Jan
79% July
7% Apr
54% Mar
37/a Nov
42%
Jan
31%
24% Nov
24
Apr
29% Apr
Jan
23% July
16% Jan
116
Mar
117% May 26
111%
Jan
111/4 Mar 20
8%
Deo
14%
Apr
1% Jan
3%
Feb
3
Mar 22
47% Sep
9
34
Jan
6% Jan
7
3
Jan
89% Jun
6
46
Jan
75
Sep
7
49
Jan
84
Dec
41% May 27
30
Jan
40%
Jun
10%
Jun
50% Jun
119
Jan
10% May 29
10% Mar 16
92% May 31
37
Jan 13
Apr
4
68% Mar 18
107
95% Apr
44
18
May 31
Jan
15% Jun
97% July
59
Jan
Jan
29
Jan
39%
Oct
Jan
108%
Nov
100
66
Mar 15
44
Feb
24
61% May 27
117
Mar
9
90% July
Jan
38
36% Oct
Jan
68
Mar
57
Jan
Jan
Sep
13% May
Jan
52
Oct
28% May
113%
6% Jan
50%
113
May
Jan
18% Jan
106
July
67% July
24% NOV
Mar 23
56
94 %
44% Jan
65
14
13% Jun
2
Oct
6%
30
32% May 17
110
72%
19
111% Apr
Feb
Sep
10% Jun
4% Jan
May 29
14% May 31
99% Apr 10
115
6%
6% Jan
92
Sep
68% July
123
Jun
16
Dec
16% Feb 21
7%
13% May
2% Jan
9% Aug
Jan
85 % Aug
3% Nov
6% Apr
21% Mar 16
10% Jan
9% Mar 22
3% Jan
6
Jan
20% Dec
10
Apr
14% Apr
12 % Apr
8
84% May
9
4y4 Feb 24
50
Belding-Heminsrway—
Aircraft Corp
Aviation
Bell
6.100
Bendix
17 % Apr
1
Mar 22
12
66
Jun
3
26% Jan 24
16
50
4
May 23
May
15% May 15
18% Mar 17
1
15% Jan 3
25 % Feb 15
31
May 22
105% Apr 26
7% Jun 8
18% Mar 15
29% Mar 16
35
Apr 13
108% Feb 28
11% Jan
3
Bayuk Cigars Inc
.——No par
Beatrice Creamery—
—25
$4.25 preferred—
No par
Beech Aircraft Corp—
—1
Beech Creek RR
—50
4,300
Apr 24
5% Jan 3
9% Jan 3
9% Jan 3
60
Jan 4
21% Apr 25
12
Jan 4
43
Jan 24
18
-5
Works Corp
Beech-Nut Packing Co
600.
;
4% preferred
Bangor-& Aroostook
Conv
17
17
1,500
310
16%
15%
17
11%
37%
15%
.
49
*48
16%
107
14%'
10
62%
16%
*27%
13%
*9%
62%
15%
17%
14 y8
1374
10%
63 %
10%
see
14%
7
10%
11%
38%
14
67/s
63%
*10%
For footnotes
7%
10%
49
35
.
20
64
49
28
28
34
34
15%
17
28
107
,
16%
16
17
*27%
—
.
preferred
Atlas Tack Corp
Austin Nichols—
$5
—
3%
3%
7
49%
*49
*49
preferred
Atlantic
66% Mar 13
16% Jun
17% Jan
% Jan
13%
28%
Jan
B
20
38 %
*59%
12,000
(
20
*
111
:
65%
'
7
44% Feb 21
40
Feb 14
20
114
A P W Paper
1
24% Jan
8% Jan
4
p 20
Feb 15
115y4 Feb 18
32
Jan 21
2
Jun
6
25
Andes
43% July
81% Mar 23
46
Jan 10
14% Feb 4
80 y2 Jan
4
14% Feb 29
No par
—_5
No par
-100
No par
Arnold Constable Corp
5
Artloom Corp——
———No par
7% preferred
.
—..100
Associated Dry Goods
1
.6%
1st preferred———...100
.7% 2d.preferred—
.
...100
5%
88%
103%
*105%
2%
50%
50%
,
5%
92
105%
5oya
50
*2%
89%
36
105%
2%
100
40%
66%
93 %
—50
-
97
Jan
39% Mar 16
4
26
20
18
5
10
7
19
3
31
27
10
19
7% Apr 25
6% Jan 12
—12.50
—No par
$5 div preferred—
116%
-
*102%
*114.
*23%
24
116%
50
89
,
23%
,*114%
,
10%
3
3
49%
50
50
50
2%
2%
3%
3
115
—25
Anchor Hock Glass Corp
*114% 116%
*9%
10%
par
100
1
Smelt—..
preferred—,
25%
*115
■
No
——
——
Amer Zinc Lead &
$5 prior conv
50
*47'/a
;
r"
4%
.'4%
4%
50
*47%
2,100
25%
2*3%
*105%
4%
'
50
7%
77%
79%
79
,4%'
*47%
-7%
7%
—..No par
25%
116%
*114
80%
80
81%
7%
•
Wks & Elec——No par
$6 1st preferred—
American Woolen—
25
*23
9%
7%
Am Water
25%
*115
*10
7%
300
90
*87
Anaconda Copper Mining
Anaconda Wire & Cable
26
50
7%
9,700
*6%
6%
90
*86
<•
preferred
-5%
X25 Ve
25%
*2%
:
6%
6%
7
88
88
—100
—10
Corp——14
——;—100
Type Foundries Inc
26
25%
*10%
*
89
119
6%
7%
89
90
*89
7%
-7%
6%
7
6%
7
*89
*118%
119%
——25
class B
10%
149
—106
-25
Telep & Teleg Co-
Amer
American
43%
149
—
American
600
16%
16%
29
29
38%
,
16%
*15%
—-50
Mach & Fdy Co.
•Amer
3,500
35%
2
1
7%
700
2,000
t1,100
121
35%
2%
par
No par
American Locomotive—
4
*118%
120
'
21%
21%
21%
34%
34%
2%
2%
'
.;
par
preferred——100
conv,preferred—
5%
30
;
22
11%
6%non-cum
Amer Internat Corp„_——No
10,400
15%
11%
21%
121%
34%
7y«
50
15%
*90
21%
*120
*6%
*11%
15%'
11%
*21
7%
No
Ice——
American Invest Co of 111—
100
16%
49%
11%
'
400
6,300
8%
8%
*48%
7%
*48
17%.
16%
8%
?
67
67
67
8%
American
3,500
Jan
Apr 18
Apr
3% Jan
39% Mar
65
Mar
4
Jan
61
Jan
—50
1
American Home Products—:
700
5%
7
*7
49%
917%
'
5%
j
73%
50
7%
*48
*7.
73%
preferred
conv
41
*39%
6
6
68
*66
9
73%
6
5%
68
8%
•
41
*71%
59
73%
26%
Jan
Jan
Jan
Feb
Jan
Mar
Feb
Apr
Mar
Apr
Jan
Jun
33
American Hide .& Leather—..——1
1,300
3%
3%
preferred.
$7 2d preferred A
*
*39%
72%
72%
6%
6%
68
70
*68
69%
*67
6%
3%
41
*39%
73
73
74%
*3%
3%
41
*39%
41
73
6%
6%
'
3%
3%
*39%
\
American Hawaiian SS Co——10
,
$7
5
Sep
Dec
5
5
3J/4 Feb 17
40 y4 Apr 21
100% May 18
31% Jan 14
Apr 25
Jan
3
33 y8
68%
23
108y4
108%
10%
14
1C1 %
25 *
2%
8
23
3
68
l57/8
16%
21% Jun
May 17
Jan 14
Jan
3
Jan .14
Apr 12
May 12
Mar 1
Highest
$ per share:
Jan
111% Jun
19
Mar 29
170% Jan
.
.
.
Apr
share
6%
Jan
40
Jan
4
Jan 12
,
par
2,700
89
33%
82
.—100
—No par
5% conv preferred
——100
American Chicle.——~i——No par
American Coiortype CO——10
•/
American Crystal Sugar———10
6 %
1st preferred—
100
Amer Distilling Co stamped
,.,20
American Encaustic Thing
.—1
Amer European Sees-—,
No par
American Export Lines Inc
1
Amer & Foreign, Power
No par
39.800
22%
'
7% non-cum preferred
Am Chain
Cable Inc
'
■
—No
*
,
8,000
33%
33%
3%
2.800
89
88
34%
*34
34%
700
9
96
22%
21%
7,000
I
25
9
97%
22%
2%
24%
3%
96%
27%
2%
24%
97%
88%
89
87%
8%
25
21%
23%
34%
9
'
3%
99%
21%
'
26%
2%
20
104
104
27
96%
4
3%
98
34%
9
*24
9
243/8
24
90%
88
*34%
35
26%
*2%
102
23%
21%
87%
86%
*34%
26%
2%
4
3
24%
23%
26%
2%
24%
97%
97%
25%
9
9
23%
4%
4
96%
,
2%
2%
25
104
*103
26%
26
9
'9
*24%
104
*103
104
—100
n
American Car & Fdy
5,500
77
77
Preferred
660
34%
No par
Co
preferred —
—•
_100
& Radio Corp——1
American Can——
25
5%%
2.300
176
——50
Amer Cable
38.400
33%
10
inc.———
Bank Note———10
preferred——
6%
40
90 y4
176
34%
77
;
/•
9%
176
33%
129%
90 ya
91
175
23%
129%
9%
9%
90%
■
39%
39
131
*129%
76%
76%
77%
76%
14%
*103%
25%
34%
11%
14%
*103%
175%
35%
175%
,
■
118
*11%
11%
11%
90%
89
2
28y2
82
26
58
7%
60
7%
3714
126%
8
$ per
100 y8 Apr
17% Apr 19.
par
62%
39%
131
9%
9%
90-% .90%
*175Vb 176%
34 %
34%
9%
8%
9%
90 %
Corp—No
Petroleum
105
Agricultural ChemicaLNo par
27%
15%
40 %
*39%
*129%
131
*129
130
130
40%
40%
40%
40
40%
130
Amerada
Amer
400
18% May 27
14% Jan 27
100
No par
1
—50
62
62%
15%
40%
preferred
conv
$ per share
96 y4 Jan
3
33 % Apr 24
par
27%
*02
*129
A"/o
Alpha Portland Cem
Amalgam Leather Co Inc
6%conv preferred—
200
200
*27%
No
Allis-Chalmers Mfg
9,900
110%
39 %
*38
97
200
21% /21%
2%
2%
110%
21%
Allied Stores Corp
-No par
5% preferred-————
100
11.500
Year 1943
Lowest
Highest
$ per share
Par
Shares
18%
36
37
2IV4
Lowest
EXCHANGE
the Week
100
*99%
110% 110 7/a
,
21%
'
share
is y8
18%
100
X36 %
111
$ per
share
18%
*99%
18 '/a
100
111
*19%
$ per
$ per share
$ per share
share
June 9
Range since January 1
NEW YORK STOCK
Sales for
Friday
Thursday
June 8
Wednesday
Tuesday
Monday
June 3
Range for Previous
STOCKS
low AND HIGH SALE PRICES
Saturday
Monday, June 12, 1944
CHRONICLE.
THE COMMERCIAL & FINANCIAL
2422
—
20
No par
1
——8
31
Jan 11
112
May 29
10% Jan 3
10% Apr 25
33% Jan 13
34 % Mar 28
117
Feb
15
11% Jan 24
15% Jan
11
38% Jun
1
5% Jan
34% Jan
12
Feb
5% Jan
30
Jan
12% Jan
13% Jan
23% Jan
24% Jan
105% Dec
7% Nov
25% Jan
93
Jan
9% Deo
9% Nov
Nov
33
63%
•
Dec
28 %
July
15%
,47
Sep
Sep
19% July
'
20% Mar
May
33% July
xllO
Sep
14% Sep
x29
33% July
Aug
11% July
114
20% Mar
39% Apr
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
NEW YORK STOCK
LOW
18%
18%
18%
58%
*118
18%
18%
*56
18 Ve
18 y4
17%
18%
120
46%
46%
46%
47
47
47%
47%
47%
19%
19%
20
19%
20
19%
19%
8%
19%
8%
19%
8%
8%
8%
*18
*18
18%
*16%
16%.
*100%
*100%
12%
12%
51%
*93
95
*50%
50%
*17%
12%
*99
'
12%
56% Jan 24
54%
Feb
57
Nov
39% Mar 25
22%
Jan
38
July
Best
Foods
8%
Jan
Bethlehem
42
42
-
115
31%
'
31%
51
51%
50%
94%
93
93
50%
'31%
37%
.'.4%
*38%
*14%
39%
*4
4'/a
38%
<
:•
:
.
39%
31%
31%
31%
38
37%
38
37%
39%
14%
14%
14%
52%
15
*51%
10%
10%
32%
33
43%
43%
48%
48%
20%
20%
10%
44%
48%
19%
'
33%
14%
48%
*48%
49
19%
19%
20
4
15%
10%
34%
*50%
10 y4
34% ■'
44
:
49
49
49
50
27%
Jan
6
16
Jan
19% Mdr
Jan
11%
Ami
Co
20
19%
19%
19%
20
Jan
4
18% Jun
5
5
15% Feb
45
Jan
Inc—
_100
44%
*19
*42
19%
19%
9%
9%
41%
56 %
85
38% Jan
1
17
Jan
May 24
22%
Jan
""30
Oct
39
July
42% Jun
34; Vu Jan.
3
38% Mar 11
26%
3
5% Mar 22
2%
9%
119%
119%
119%
119.%
*118%
.
9%
19%
19%
19%
19%
9%
9%
9%
9%
9%»
119%
*118%
119%
43
19%
*19%
9%
9%
'
43
Z
Bristol-Myers :Co___.
Brooklyii Union Gas
115
8
37% Jan
3
1
87/b Jan
40
Jan
14
—5
40 y4 Jan
14% Jan
*118%
'■
7%
7%
*145
7%
*144
152%
65%
7%
7%
147%
143 '
*146%
63%
63%
64%
7%
151
146
147%
63%
65
7%
7%
7%
*140
150%
63%
65% "
7%
7%
"
63%
63%
Bruns-Balke-Collender
Bucyrus-Erie
118%.
118
119%
1,000-
38%
14%
Nov
45
Nov
12%
Apr
Jun
80
148
1%
,
7%
7%
17%
17%
18
17%
7%
7%
18
18
18
8
8%
8
8%
■11,300'
8%
*18%
8y4
8
18%
■:,
"
18%.f
17%
17%;".
34%
*33%
29%
*108%
J
66
34
29
*108%
12%
5%
5
34%
34%
*33%
29%
109
66
66
49%
48%
49%
48%
48%
10%
10%
10
10%
10%
10%
*29%
29%
29%
29 %
29%
*29%
29%
V7
*64
;
=49%:;.
3
3
*29%
3
3
■
2%
2%
*2%
5
5
13%
13%
13%
13%
48%'
80
80%
81
81
22%
22%
22
21%
22
22
22%
10%
10%
29%
*28%
29%
28
27%
27%
27%
27 %
27%
27%
*54%.
55%
*54%
55%
*54%
%
U
%
li!
%
6%
6%
6%
6%
6%
6%
6%
54%
%
X6%
6%
;27%
34
6%
13%
80
21%
22%
54%
.%
13
Jan
42% July
20% July
19% May 26
'
10 y8 Mar 13
120
Jan
Jun
6%
Jan
10% May
104 %
Jan
118% July
3
27
Jan
9% May
152
May 31
76%
Jan
116% May
May 31
43
Nov
54% Aug
7% Apr
17
Jan
19
8% Mar 13
8
May 29
'
/
6% Nov
•
10 %
Apr
1
4
19% Mar 18
14% Jan
No par
16% May 19
20% Feb 24
16
I 31
May 12
.'27% Jan 25
34% Jun
; 8
24%
Jan
35% July
30% Mar 16
20%
Jan
31%
,__1
107
-100
Apr
f
110% Mar
17
12 Ve Jan
3
21%
5%
27%
2,400
*27
240-
105
9
:
291/4
Apr
Jun
May
109%
Oct
9%' Jan
15%
Jun
.2% Jan
13% Mar 16
.<
18% July
'Nov
California
5%
3
Jan
6
6% May
75
May
Jan
21%
Jan
28
29% Mar 13
20%
Jan
2%
Jan
9%
Jan
2% Apr
25
12% Apr
18
67% Jan'
20
No
par
!
3% Jan
Apr
18
3
22% Jan
18
3
,
56% Mar
16
Nov
5%
Apr
18% July
83%
Jan
'
Oct
10% July
29%
65% Nov
28% Mar 11
Apr
25% May
22%
Jan
8
52%
Jun
% Jan
11
%
Jan
7% Feb
53% Feb 24
50
3
•
Jun
49
5% Jan
15% Mar 16
83
3
24% Jan
—No par
Mar 27
.
8
;_100
Packing
'■/;
41
5
preferred
1
>
52% Mar 6
10%'Mar 13
68
Feb
Zinc
i,
5% Jun
43% Apr 25
87/a Jan
4
—'—30
Participating preferred
'
Jan
No par
preferred,
conv
Byron Jackson Co:
10
55
54
——10
Copper &
Byers Co (A M)
1,600
r
4
;—!
-100
preferred_-100
Butte
1,300
•"*53%
preferred
1
b
—;
Bush Term Bldg 7%
800
13%
27%
55%
i;i
18 %
Jan
May 27
No par
Butler Brbs
700:
■
80
'-
80%
21%
27%
55%
%
Jan
29%
■
i 67
—1
Terminal
6%
r
5,100
'
3
*2%
3
13%
*80
*54%
'
5
-
Bush
430
48% !
10%
29
14
82%
Jan
9%
9
;
3
L
Watch
37%
July
44% May
98% Jan
Mills Corp_—
preferred —i
5%
-
4
Burroughs Adding Mach_—No par
50
„;'49%
3
13
80%
.
-
5,500 i
66
*63
65%
'■
13%
14%
83
':■' 10,200
■«,
10%
*49
.
3
14
83
*21%
5
'
5% Jan
44
47 y2 Jan
Burlington
200:
-
6
30%
'
*63
66
49%
10%
49%
13
-
900.
.
110
13
109 V
12%
4%
5%
*109
13
-109
'
10%
*63
600
29%
3
Jan
Jan
Jan
No- par
—
Bullard
Bulova
% Jan
20%
33
' Apr 10
; '
'
Dec
No par
_100
-
Buffalo' Forge Co
Co
;!
300
2,100 ;
34%
29%
v
13
13
5%
*63
5%
*108%
r
13%
5
65%
109
;
••
17%
*29'%
29
13
*
;
"
*17
17%
17%
34
29
109
5%
5%
18
34
*108%
13
,
29
~
*17%' "18%
18
18
*17%
33%
29%
12%
109 -"■
12%
,
34%
29%
34%
*29%
*17%
..
44
4
8
8% Nov
6
Jun
50
22
'
Jan
No par
preferred
$5 preferred.——l
Budd Wheel—a—
"
8
*17%
1
;■
480>'
63%;
17% Jan
5
100
-
23
May 12
44% May 26
18
116
No- par
Co
preferred
(E G) Mfg—j
Budd
17,100 t
7%
63%
7 %
39% Jan
Apr
20
Feb
V 34% Jun
13
—No par
6%
28% Jan
11 % Nov
4
No par
Dec
16% Mar 13
10% Mar 17
28
Jan
July
35
,
2
-
52'
!
4
27
39
Jun
32
■
7
12% Jan
40% Feb
No par
Brown Shoe Co
50
'
51
Jan
5,200
•
96% Jdly
Jan
3% Jan
Corp—;
Maine RR
&
May
4
3
5
—15
-
Briggs & Stratton
100
441/4
Jan
' Nov
Feb
50% Feb
3
(The)
800-
*43%
29
109% May
28% Jan
200
44%
19%
19;
19%
9%
.*43
44%
*43
44%
Jun
July
.95
4
?;
*42
19
100
(assented)'_100
Bower Roller Bearing CoJ5
Braniff Airways Inc
*
2.50
Brewing Corp. of America
—15
Bridgeport Brass Co
No par
Briggs Manufacturing
No par
3.300
19 % July
Jan
Jan
21% Mar
33% Jan 26
___1
preferred
Co
Dec
Jun
11% Nov
88% Apr 18
46% Jan
40
Jan
9%
76
2
'
Jun
Apr
121% July
i. 52% Mar 13
26
No par
No par
13%
8
100% Jun
17
69%
Nov
6 Va
16% May 24
>
4
12% Jun
_5
Brass!
&
16
93% Mar
100
54
9% Mar 18
14% Mar 14
No- par
class A__
Stores
Boston
•
19,400 i,
50
20
;
8
Jun
Bond
3,600
*
44
' 34%
Jun
20
3
Class B
100-
34%
44
49
*
■
10%
10 y4
10%
*43
34
48
3
7% Jan
Borg-Warner
.
44
*43
24
16% Jan
Bon
l.ooo'
17,300-
:
;
52%
.
37% Feb
3,100300
15
15
'
52%
No par
4%%
•
39
39
40
15
Jan
Borden
38
*3%
■
10%
34%
44%
37%
*50%'
110%
6,800 1
38%
4
121 y4 May 23
400!
.
"
31%
.
62% Mar 16
2
Bohn Aluminum
■
1,000
-
.
31%
.
4
Boeing Airplane Co
.
10
41%
Sep
20
160 ;
115
19% Mar 22
17%
15% Jan
Bloomingdale Brothers
1,600 J
' 31%
*38
51"
34%
10%
33%
*42%
,
4
15%
51
;
52%
10
10%
33%
*42%
••■.
39%
39%
39%
14%
*51%
4
4
4%
41%.
*113%
:
13% Mar
& Decker Mfg Co
„~No par
Co
_„_No' par
Bliss & Laughlin Inc
8
8,700
94
Mar 13
56 y4 Jan
Blaw-Knox
49%
19
4
115% Feb
„__1
(Del)
Black
400
50%
49%
,U
Steel
preferred
Bigelow-Sanl Carp Inc..
101
*93
,
42
115
31%
52%
.
*51%
*40%
1111314
37/
"■
'
*4
41%
115
*112%
115
*49%
31%
31%
37 J
37% -37%
41%
41.
41
*112
115
50
50
par
Blumenthal & Co preferred
50%
50%
*93
50
41%
41%
*112%
115
50%
94%
*49
No
1,700
'
50
*93
50%
50%
49%
Co
Jan
100
7%
;''■.; 100
13
17
No- par
No par
200
A,
12%
95
50
*93
Loan
2,800
,
19
*99
13
21
28
.'
*15% .'16%
101
53% Apr
33% Jan
7,300
8%
*18
S per share
<&
Indus
5,600
48
16%
Highest
$ per share
5,100
20
X8%
share
pfd $2.50 div series '38_JVo par
■•■■•'
18%
*15%
13%
12%
:«
9
18
16
101
*99%
12%
8%
18%
16
16%
101
*100
13
12%
*50%
*16
16%
101
8%
8%
18%
18%
18%
16%
101
8%
Far
Best
;
57%
20
48
19%
Year 1943
$ per share
Beneficial
;
120
48
46%
$ per
Lowest
i
2,300
18%
57%
120
120
Range since January 1
Highest
Lowest
'
Pr
57%
37%
37%
57%
57%
120
*119
37%
Range for Previous
STOCK
1,100
18%
*56
57%
'37%
58%
57%
58%
120
18%
*56
37%
17%
18%
57%
*119
18%
57%
37%
■
YORK
EXCHANGE
Shares
$ per share
18%
NEW
the Week
June 9
$ per share
18%
18%
for
Sales
Friday
JuneS
.
$ per share
57%
.18
.
58%
120
*118
June 7
38
37%
37%
58
58%
120
*56
57%
37%
37%
STOCKS
?
Thursday
Wednesday
18%
18%
18%
*56
57%
37%
-
<'
18%
*56
RECORD
SALE PRICES
$ per share
$ per share
$ per share
HIGH
June 6
June 5
June 3
*18%
AND
Tuesday
Monday
Saturday
2423
28
6%
Dec
9%
Apr
*13% Nov
19%
Apr
27 %
Dec
:
30% July
56
Mar
■
18%
27%
*41
42
9%
*
*41
44 %
45
*8
.48%
111 %
28
,
18:■■:
18
177/8 ':.
18
17%c 18 ;
26%
27
26%
27
27
28
42
*40
42
-■
42
*40
.?
9%
9%
9%
*45 y8
45%
45%
*45 y8
*7%
8%
7%
48 y8
48%
110%
110%
110%
111%
27%
27%
27%
27%;
*4%
4%
*4%
4%
:
8
28
-
4%
37
151%
33%
118%
11%
37%
48%
12%
37%
36%
..
*150
48%
37
*150
152
48
48
.;
33%
33
118%
33%
33%
118%
.
4%
152
*150
48%
48%
V:
36%
37%
*150
4%
118
9%
9%
33%
34%
37%
■
48%
48
33%
33%
33%
17%
20
>'•-
3%
*3%
20
20
97
200
$4.75
390
20
20%
19%
3%
3%
..
*3%:
*110%
111%
*110%
10
*10%
11
10%
10%
10%
10%
*24%
25%
25%
25%
24%
24%
10%
10%
10%
10%
10
10
A', 7 24%
110%
110%
9%
111
'10%
24%
9%
24%
10%
24%
:v
"
*115%
5%
5%
.
5%
63%
63
63
*18
18%
*18
*24%
25 %
*24%
-/
*30%
12%
#7
-
15%
46%
6%
15%
14%
15%
15%
6%
28
•
18%
24%
*111%
24%
30%
*30 y4
31%
/1,(.*n%
12%
11%
11%
46%
..
30%
fUirx44%
45 y4
44%
6%
6%
t
7
15%
14%
14%
500
44%
6%
6%
3,200
14%
14
-
15.900"
44%
6%
13%
14%
5,000
•„
•..
6%
5%
6%
5%
6
5%
5%
•5%
6
24%
23%
24%
23%
24
22%
23%
.22%
23
y4
7,200
28
26
26%
25%
26%
25%
26
25%
25%
58%
56%
58
55%.
56%
56
56%
17
16%
16%
X17
17%
17%
17%
17%
58%
16%
16%
17%
17%
47%
*45%
16%
.
17%
47
.
;
.
s
■
15%
*15
*52%
14
14
14
*15
52%
*52%
52%
*13%
*13%
15%
-
15
,
1,600
Chicago
18
1,300
52%
53
*52%
53
*52%
53
14%
*13%
14%
*14
14%
*14
14%
15%
*15%
15%
*15%
15%
300
2%
2 .%"
2%
2%
2%
24%
*24Vb
24%
88%
87%
88%
87 "
89%
88
20%
20%
20%
20
20%
20%
20 Ye
104%
104 %
87%
*20
,
105
105
*104%
62
60 %
*104%
105
62
61
9%
*41%
9%
42%
42%
43
94
*55
300
46
43%
42%
*43%
43%
44%
44%
*107
*93
94
58
*55
57
*55
58
*55
58
34%
37
155
117% 117%
36%
*66%
67%
66
66
28%
28%
28%
28%
99
28%
107%
29
29
*110%
111
36%
37%
67%
27%
28
108
30
*110%
•■'21
31
30%
see .page
2,431.
-
16%
700
.21%
1,940
22%
1,820
20%
550
20%
19%
22
21
31
21%
•
30%
*30
21%
30%
30%
270
3,400
*16%
19%
30%
108%
17
21%
22%
31%
31%
4,500
*16%
22%
„
330
27%
*110%
22
22
For footnotes
*30
20
30
*29%
20
30%
30%
%
20
30
*29%
gtd 4%
stock
111
30
.30%
Molybdenum
,
;
40
1,600
400
Coca-Cola
4% Jan
Co ^The)—
preferred
A%
conv
&
48
•J'
16%' Nov
9
24
Jan
109
Dec
8'/a Jan
34
July
50
July
.
Mar
I
6
2%
v
7% Mar 22
»
v
2%: Jan
gtd
non-cum
1st
6
"Jun
16%
15%
Jan
22
;
36%
Nov
2
Jan
53
Apr 27
Jan
14%
Jan
48
11%
Jan
16% Jan 29
13%
Jan
24
28
Apr
41% May
Dec
22
14% May
1% Jan
3% May
Jan
1
8
24%
5
89%'Jun -6
-
54
15%
,
Jan
;
67%. Jan
107
Feb
5
56% Mar 28
65
Jan
4
27
20% May 18
5
6% Jan
35% Feb
9% Mar 17
12
17
Jam,
148
44% May 10
7
155
Apr
90
Jun
10
15% Aug
106
Jun
39 Va July
32% Nov
123
Mar
3
£
21
115% Jan
3
109%
20
-44% Jun
8
28%
145
Jan
Jan
101% Jan
108%
Dec
84
Jan
92%
Sep
50
Feb
54
53
30% May
38% Mar 15
3
Jan
37% Mar 13
18
151
No par
111
Feb
26
117% Jun
62% Jan
11
67% Jun
1
"
Dec
—No par
23% Jan
6
16%
Jan
2
29% Jun
108% Jun
1
103% Mar
7
Xl03 %
,Dec
17%
Jan
May
153
Sep
1
88
Jan
123
July
6
11
61
108
Jan
»
68%
Oct
25
Dec
109% July
28% July
Oct
114%
19% July
8
13% Nov
23% May 27
24% May 27
2% Jan
3% Jan
4
23
3
26% Jan
4
32% May 24
15%
Jan
26%
Dec
25% Jan
4
32% May 25
15% Jan
26%
Deo
.100
11% Jan
3
preferred—100
12% Jan
4
Jan
A—_2.50
2.50
17% May
19
2nd preferred—100
142
Jan
114
July
Apr 13
30% Jun
25
29
40
33% Jan
20
Feb
Feb
Sep
48% Mar
33% Nov
34 % Apr
25% Apr
Jun
21
Jan 12
109
52% Mar 22
,t
109%
Dec
116% Aug '
42 %< Dec
92% Jan 10
Mar 27
92% Feb 26
*
74%
Feb
145
100,
Sep
Dec
8%
Jan
No par
Jun
Apr
2% Jan
Apr
37% Apr
32 V3
63%
76
106
Apr
Feb
111
1
100.
50
—50
May
85% July
10% Jan
96% Jan
Jan
18
3% May
Dec
12
14% Jan
Dec
Jan
:
18% Mar 14
19% Mar 16
May 29
77% Feb
7
Jun
2
47
14% Apr
Columbia Br'd :Sys Inc cl
7% May
21%
Jan
24
59% Jun
9Va May
17 V8 May
10%
25% Mar 22
28% Feb
Jan
7% Jan
Mar 24
13
■
Apr
July
Jan
.33% Jan
7
47
104
Oct
18
18% Mar 24
3
—No par
Southern
non-cum
Class B
•
72%
19%
:
Juri
99%
5
!
Dec
7%
32% Jan
'67 r
No par
preferred
Colo Fuel' & Iron Corp.
4%
Jun
Jan
Jun
Nov
•
18% Mar 22
38% Jan
No par
Collins & Aikman
Colorado
Apr
3
,.100
Class A
$4.25
41
'
X33
8%
13% Mar 16
4
16% Jan,
Sep
Jan
4
34% Mar
25
18
15% Feb 24
-
115
27% Feb 24
3
Jan
Mar
113
3
18
No par
—
Colgate-Palmolive-Peet
,.5%
3
98
Mar 28
—No par
Preferred
700
v
19
21% Apr
51% Apr
-
par
(The)..
7%
Cluett Peabody & Co
30%
*107%
21
21%
22%
21%
30
Graph Bronze Co
preferred
& Pitts RR Co
1,900'
,
Apr
5% Jan
18%
25
Jan
.100
2,900
111
22
21%
22%
-
108%
23
21%
22%
21%
30
44
Jan
Jan
3
67% May 31
66% May 31
•
18
11% Jan
Aug
3
6% May 26
,
4
Feb
Jun
3% Mar
111
13
37% Jan
:
4
27% Jan
23%
i
Mar 20
116
3
Jan
Jan
Jan
97%' Jan
No par
pfd
37
*110%
22%
22
22%
31%
108%
27%"
16%'
22
31%
30%
111
Jan
21
10% May 11
.;
l;
8
11
—5
No par
100
preferred
El Ilium $4.50
Special
66%
*65
16%
16%
21%
108 %
,
Clev
May
May
23
■>:
100 ~
5
34
117%
67%
5%
19
17% Apr 13
No par
0. C. C. & St. Louis Ry. -Co.—100
Clev
15
108
i
25
:
Apr
July
Jan
Jun
26%, Mar: 8
15
.
19
57
No par
—No
Feb
58
——10
Co
19
4% Apr
'
100
Oil
Sep
14%
16%
(' 1%
3% Apr 21
30% Feb
i—5
Copper Co
Chrysler Corp.
City Ice & Fuel
6%% preferred
City Investing Co
City Stores
Clark Equipment
5%
'
116%
28%
Cotton
Climax
Xll6%
66%
111
33%
36%
tChilds
Clev
58
*117
28%
107%,
9001
44%
94 .:
155
66
30%
*110%
20
109
*93
*55
.
101
90
113%
*150
28%
16
31 %>
37%
600
155
117%
16%
31%
37%
117%
.
2,700
*150
*117
16%
21%
36%
155
16%
31%
33%
34
*150
66
117%
*65
107%
X107
29%
33%
33%
170
8%
*107
/';
34
155
*150
117%'
117%
*33%
•
160
61 %
41%
44 %,
109
94
1,900
8%
*86
44%
109
*93
16,400'
105
*113
Chickasha
120%
8%
111 A May 12
15
110
<
Co
40%
54% July
,
16% Nov
Mar 13
13
7% Jan
:
Chile
*165
90
*107
*106%
2,100'
2%
Order
22
20
31
20% Apr
-
No par
2
1
NO par
122% Mar 16
8% Apr 22
■>
—•
Yellow Cab.
Chicago
>
24%
20 y8
*60%
40»'
41%
>
113%
94
37
*31%
*113
8%
42 %
•J—
109
*150
*16%
*86
90
113%
■>.
,
•
88%'
105
61%
*93
37
108
113%
8%
42%
*165
■■
*20
105
:
-
88
20%
94
109
33%
34%
111
*86
90
113%
104%
*2%
*24
,
88%
*55
..
155
29%
42%
*86
37
111
42%
'
20
*59%
*165
*112
*150
*107%
8%
42%
2%
24%
*92
57
34%
8%
90
*106%
109
*92
61
9
113
*42
43
43
*106%
88
9
42%
2%
*24
*59%
90
114%
*113
,.
24%
60
113
90
*24%
*165
*166
*85
104%
.
60
9%
*9
*170
•
'
2%
2%
24%
2.100
Jan
Dec
Jan
96% Feb
1
No par
$3 conv preferred
—No par
Pr pf ($2.50) cum div_—No par
100
15%
*24%
*2%
*24%
18% Feb
Chicago Pneumat Tool
52%
15
3
19% Apr
2% Jan
Dec
147
26%
9
Jan
107
39%
.
Nov
9
17
*
17 y4
46
Jun
Dec
Apr
40 :
24
97
9
Dec
5%
127% Jan
May 13
50% Mar 13
40% Jan
■;
32%
Mar .16
151
-
13% Jun
Chicago Great West RR Co
.—50
5% preferred
—50
Chicago & Northwest'n w i__No par
5 %
preferred w i
.100
56%
46%
39
19
3
>,
17%
*45%
Jan
2
.
Mail
3%
Jan
No par
46% July
97%
Jan
Checker Cab Mfg.:
:
5
Chesapeake Corp of Va,—;
—5
Chesapeake & Ohio Ry___:—25
17%
x85
t
31 % May
11
...No par
56%
47
•
Jan
Jan
.20
I
40
x4% Mar 14
4
96% Jun
100
deposit——,.100-
17%
'
*52%
Apr
No par
17%
17%
47
47
47
5,700
47% July
9% Apr
•
4% -Jan
38
Mar
11% May
Jan
113
—
Products.
Certificates of
.
22,700
16%
58%
17%
33
1461
Chic & East 111 RR Co—No par
Class A
i—40
19,200
■';■'
■!■'■
—
Champion Pap & Fib Co
; 6%
preferred
2,300
-
Jan
.
25%
100
Chain Belt Co^
50"
Jan
6% prior preferred
*
,
500
24%
113
33
31%
11% "11%'
44%
•
.
70
18%
*18%
24%
111%' 111%
4
,——100
Certain-teed
790
27
.
16%
*46%
25 y4
112%
preferred
'
:
.
■
28
30% Feb
No par
Corp*
Cerro de Pasco. Copper.
>
3,200
,.
64
6%
28%
58%
*18%
*24%
■*111"
1
6
No par
—No par
Preferred
%•
63 :-7
*62
36%
8%Mar 16
48% May ;26
4111% Jun
2
24
Century Ribbon Mills,
:5%.
62%
63 %
9
31% Apr
tCent RR of New Jersey—
Central Yioleta Sugar Co__
24%
6%
24%
18%
*18%
.
t;
63
62%
45% Jun
4
6% Feb 19
5
900
2,800
Feb
12.
900
-
6%
4
Central. Foundry Co_
—1
Central 111 Lt iVa% preferred—100
.
1,500
32'/a
18
42% Apr
100
Central Aguirre Assoc.
2,900
9%
118
*32
5%
5%
*62
'■
:
12%
45%
7%
■'
5%
62%
32
31%
*11%
v
32%
63%
24%
*115%
118
32
62%
113
12%
7%
24%
24%
30%
45%
46 %
46
5%
*9%
10% Feb
Jan
10%
:•
*24
Jan
44% Jan
24%.
9%
•
~
5%
10
29 J/a
8% Jan
—25
1st preferred
Celotex
3,200
111%"
*110%
:
9%
*115%
32%
63
18%
*18
12%
.
■'
64
*112%
30%
31%
*12%
18%
25%
118
5%
.
",■
63%
63
*'62%
113
112
113
*112
10
32%
5%
5%
64
66%
65
64%
*63%
*115%
32
32
;
9%
118
*115%
32%
32
32%
5%
118
*115V4
118
32
20;%
'3%
20%
'
1
Jan
7,\% 2d preferred
3%
17%
Jun
No par
Celanese Corp of Amer
19%
'.*17%
41
97
I
6,400
3%
17%
33% Jan
27% Jun
Co-—
33%
20%
17%
(J I)
Caterpillar Tractor—j
420
17%
Jan
100
-5
_1
Ry
Preferred
170
17%
13%
13%
4
Co
4,300
17%
13%
3%
Case
Ohio
&
Steel
120
120
1
43% Jan
Carriers & General Corp
-
12,700
13%
3%
111%
*110%
*110% .111 %
V
Carpenter
13%
13
17%
i
3%
3%
V
Carolina tJiinch
13%
13%
20
17%
i':
120
120
120
Jun
'
6,700
-
18% May 24
28
—10
300
■'
1% Mar
j.
"
A—1-''';
class
May
23 % Feb
25
par*
No
48%"
33%
12%
12%
17%
17%
20
12%
119%
119
Administration
$3 preferred-A
660
149
v
96%
*118
Mills—
4
15% Jan
5
100
Ry_
400-
35%
Xl48%
47%
Pacific
6
5
Copper
No par
Capital
10
•
4%
X35%
'
152
48%
Cons
Cannon
1
300-
28%'
*4%
.
36%
*150
111
*27%
4%
36%
:
152
500
•
.4.9%
110%
111':
Canadian
% Jan
*—.1
Dry Ginger Ale
i
Southern Ry Co—
Canada
.
17,600
,
Hecla
&
Canada
*7%r?'8%-
Zinc-Lead
Campbell W & C Fdy
4,600
-
9%
•
*48%v
*27% -28%
4%
v.
453/^4534*
•"
T%
49%:
*48%
111
'
*4%
..
48%
45
*48
48%
111%
28
*40
9%
9%
8%
■
2,600 i
42
*40
45
110%
28
Calumet
18%
~
*47%
2,300
27%
9%
*47%
111%
6y8
6 "■:■■■
17%
42
*44%
8%
S%
Callahan
26%
9%
9%
4,700
18
26%
18%
%
:
27%
*17%
*27
v'iV;
■■:
13
•
May 26
Jan
19
Sep
19% Sep
17% Sep
Saturday
June 3
$
June 5
per share
$ per
share
$ per share
share
$ per
4 74
4%
474
8372
837a
8274
827a
83
83%
*72 74
74
74
74
9074
91
*90
91
197a
20%
457a
437a
43%
3872
38
39
3874
107
*10674
74
*72%
90%
90%
20%
20
*4372
45
*43%
38
38%
38%
107
*10874
44
437a
157aU
15%
8574
84
44%
44%
437a
15%
15%
15%
%
%
7a
85
85
85
83
92
91
91
197a
1974
387a
*105 7a
1067a
*105 7a
x44%
4474
44
15%
X1574
157a
1574
%
82%
82%
13
24%
247a
27%
277a
277a
28
372
3%
37a
37a
3%
37a
3%
2174
217a
217a
217a
217a
1047a
105
474
105
217o
7
47a
21%
4%
472
21%
21%
21%
21
217a
2174
X217a
2174
10%
10%
10%
10%
107a
10 7a
107a
107a
107a
30%
307a
30%
307a
30%
2974
12%
12%
127a
12%
127a
127a
127a
127a
207a
4%
12%
4
*474
*10%
3.500
1.057a
47.
*21
1,200
37a
20,400
2,500"
.
;
3,500
7a 7
107a
127a
1274
13
2074
-
307a
297a "30
1,000
20%
2074
2074
207a
20%
2074
2074
*20
20%
207t
*1478
15%
15
15
1474
1474
14%
147a
14
14 74
1,300
15%
1474
147a
1474
1474
1474
147a
147a
147a
147a
2,000
48
47
47%
*46 7a
477a
*46 7a
10474 10474
Xl037a
10474
247a
247t
247a
1474
14%
14%
*47%
*47 7a
48
*4772
48
*104%
104%
10474
10474
24%
24%
247a
2474
9
874
874
110
*108 7a
874
110
110
*10872
110
2474
24%
2374
9
9
9
9
*108%
10474
104
300
48
260
104 74
104
24
247a
8y2
874
1087a
7a
1087a
400
397a
387a
3874
39 74
39%
397a
10%
1074
1072
107a
107a
10 7a
107a
1074
107a
107a
4472
45%
43
4374
437i
437a
437a
67a
67a
6
6%
674
67a
X67a
674
67B
Continental Diamond Fibre—,
Continental
41,200
Continental
6%
6%
6%
14
14
137a
307a
31
3074
2674
2674
267a
267a
13%
13%
13 7a
13%
13
13
43
42 7<
43
43
1174
1174
11%
1174
117a
-117a
117a
11
117a
4872
*48 7a
487a
*48 7a
487a
*48 7a
487a
487a
*18
•
-
48'%
18%
1872
1874
1874
18 74
187a
187a
187a.
18%
49
49%
497a
4874
4874
487a
487a
i
58
597a
58
587a
5874
597a
59%
60
60
6074,
5,200
1767a
1767a
177
*177
1787a-.
*5 7a
574
59%
58%
178
*176
178
*176
176
176
57a
5%
5%
5%
5%
2%
2%
*2 7a
27a
2%
274
24%
237a
2374
23%
247a
24
10674
23%
*22%
106
1067t
<
*22 7a
106
23%
237a
7a
237a
237a
3
3
3
3
24
2374
10574
197a
187a
20
19%
34
33%
347a
33
33
47%
477a
477a
*4774
*19
*47%
4774
48
*4774
'
177a
1774
1774
17%
1774
9974
17%
99%
99%
997a
997a
17%
17%
17
17%
99%
99 %
9972
99%
*9974
317a
307a
31%
307a
307a
307a
307a
3072
31
31%
307a
31%
787a
787a
787a
787a
787a
*7874
78 7a
*7872
787a
24
247a
237a
24
2374
237a
23%
237a
14%
147a
147a
147a
14%
147a
137a
147a,:
24%
247a
2474
14%
14%
147a
1474
,
*130
145
*116 A
116%
*116 7a
11674
2574
145
*130
*
116 Ja
11674
*116
25%
25%
25
25
25
2574
25
25
2474
2474
2574
257a
2574
26
26
24%
24%
2472
247a
*104%
10672
*1047a
1067a
*1047a
6%
5%
6
6%
6
*106
108
46
46
15%
15%
24%
24%
157a
24%
15%
157a
23%
24%
6%I
5
-
1
7%
*19%
25
14%
14%
147a
147a
14%
*111%
11174
111%
1117a
'111%
-26%
257a
257a
*25%
41%
157a
1167a
1047a
257t
1047a
47a
6
6
14%
'■
8
*7%
8
*774
25
*19 7a
25
*19 7a
1474
14%
112
13%
Xl3%
♦1117a' 11274
427a
42
35
35
41%
*34%
19%
*18%
197a
*18%
28%
2874
7%
774
*34 7a
35
*18%
19%
30%
3074
297a
3074
28%
87a
87a
8%
7%
8%
*18%
28
29
28
30
7%.
7%
8
41%.
3474
35
197a
1974
19%
19%
19%
19%
19%
1974
1974
19%
19%
*5574
5874
*5574
5874
*56 7a
*56 7a
58%
*56 7a
5874
587a
*55%
3474
34
35%
*34
34
33%
29%
29
39
3874
29
*38%
■
34%
35
297a
29'
29
29
29
28%
29
387a
*38
38%
38%
38%
38%
39
Xl5
15%
15%
157a
15
1574
15%
15%
3474
35%
3374
34%
3374
347a
337a
35
35
987b
9874
*96 7a
*9772
16%
*9674
987a
977a
977a
16%
*167t
16%
167a
167a
167a
167a
45
45
45%
45
467a
123%
109 7a
110
3374
34
15%
v
9874
*967a
300
987i
400
5%
,
Dixie
4874
4,800
*122
124
122
1227a
110
10974
110
34
x327a
Jan
110%
Sep
267a
Jan
36%
Jun
327a Feb
10
Jan
15%
Jun
Jan
3
40%
Jan
49%
Sep
578 Jan
3
6% Jun
1
47a
Jan
7 7» May
29% Apr
14
33 7e Jan
22
257a
Jan
37% July
247a Apr 19
12% Apr 24
2874 Mar 13
18%
Jan
27% July
38% Feb
43% Jun
x9%
Jan
15
45
Jan
53
13%
Dec
10
46
7
15% Mar 15
29
157a Jan
3
447a Jan
10
527a Apr
28
37
49% May 31
122
9
Feb
29
67a Jan
22
2%
Jan
6
6
37a Jan
22
14
Jan
2% May
1% Jan
24% Jun
7
18% Feb
Jan
3
■95
Jan
Apr • 6
167a
Jan
3
1
34% Mar 22
31
Oct
3
48
May 27
18%
37%
Jan
Jan
Jan
; 47
Oct
157a Feb
9
17% May 31
,117a
Jan
Jan
99% Aug
Dec
38
Nov
82% July
45
;
Mar 14
81%
28
Jan
4
33% Mar 16
27y*
69
Jan
4
807a Mar
20% Jan
3
28% Mar 10
14% May 31
100
977a Jan 20
125
5 7a Apr
97
Apr
41
Jan
18
Jan
Jan
1%
6
30%
Jan
12
17
Jan
7
5%
Dec
177a Mar 23
14%
Nov
Oct
7% May
116
Dec
457a S.ep
972 Apr
247a Mar
Jan
3
96
Feb
1197a
Nov
24% Jun
1
15%
Jan
26%
Jun
3%
Jan
117
114% May 20
217a Apr 28
May 27,
8
4
9
Oct
17
Jan
19
Mar
12
Jan
19
Jun
Jan
116
Jan
1137a Apr
May 24
7%
14
157a Mar 10
20
197a Mar 17
108%
12
Jun
5
26% Mar 13
10
Jan
24%
18
21% Jan
367a Apr
42% May 31
26
Jan
43
1
29
Jan
367a July
Mar 10
12
18
32 74 Apr
35 7a Jun
Sep
July
Jan
2072 May
3
31% Mar 27
8%
Jan
17%
5% Jan
3
9% Mar 22
3%
Jan
10% May
Mar 23
16%
Jan
22% July
:
X20
20
..i.28% Jun
32% Jan
8
41
■3874 Mar 31
1,900
1227a
15074
14974
151%
150
151
1507a
15074
125
125
1237a
1247a
12474
125
125
125
117%
11774
118%
118%
*118 7a
874
9
157a
15
9
"
15
2
800
5,500
1507»
151%
124 y4
125
900
11874
110
No par
100
No par
Feb
Mar
40
3
487a
Dec
Apr
17%
35% July
Jan
337a Mar
37
8 '
Jan
26
31
Jan
427a Nov
a3 74 Jan 11
*27% Feb 29
•95
Apr 14
1574 Jan
8%
6
9
Jan 25
15% Apr
36% May
100
16% Feb
3
Jan
21%
Jan
10
24
Jan
837a
Jan
17
35%
100
May
Oct
Dec
1674 July
5
47
May 19
387a
Feb
45
July
5
22%
Feb
Dec
4
4174 Apr
34
337» Jan
No par
25% Jan
17
157a
Jan
25%
Mines Ltd
217a May 12
44
Nov
73% May
Douglas Aircraft
No par
A
Mfg Co
—
25
114% Apr
26
131
Jan
5
12274
No par
No par
$4 preferred series A
5774 Feb
No par
Dow Chemical Co
Dunhlll
149 74
*15
Oct
Jun
43% Jan
2,600
15%
15%
25%
2672
107
No par
Dresser
15074 15074
15%
Jan
12
9
111
107a
100
Jan
6
14% Jun
•
Jun
47% Jan
118
25
24
674 Jan
Jun
Dec
10674
674 Jan
Apr
4% Jun
xl3% Jun
147a
115 7a
92% Mar
257a May'24
11
6% Jan
22% Aug
Feb
105.
106 7a Feb
25
July
Jan
7%
May 10
4
Jan
9% Jan
;
1167a May 10
297a Mar 15
4
227a Jaii
101
X66
9
.
Oct
17
'
No par
600
97a
9%
237s July
16% Jan
25
Doehler Die Casting Co
3,600
15%
1574
Aug
237a Mar
27% Feb
No par
Cup Co
Class
270
1,600-
347a
97a
87a
108%
Jan
9
21% Mar 16
Sep
May
22% July
Jan
Mar 14
24
20
147a
109
7
10474 Jan
186%
Dec
173
17
preferred
11074
15%
9%
Apr
617a May
Jan
6074 Jun
177a Jan
preferred
Corp-Seagr's Ltd
337a
972
9%
47
Jan
;
53%
Apr
Aug
17% Aug
3
Jan
20
4
11
183
1737a Apr 29
5
Jan
19% Jan
50
Mar 20
47
5
1374 Mar 20
4
10% Jan
7
137» Mar 16
May 24
42 7» Feb
No par
Match
partic
*10974
3374
15%
106% Jan
7
110
May 17
—1
International—
No par
Du P de Nemours (E I) & Co
.20
$4.50 preferred
-No par
Duquesne Light 6% 1st pfd
100
Duplan Corp
,
,
11872
11872
*117%
118%
11%
117a
117a
11%
1174
11%
11%
11%
11%
11%
11%
2,700
Eagle-Plcher Lead Co_,
10
3574
35
367a
3574
36
3574
3574
34%
4,600
Eastern Airlines Ino—
i
34%
35
35%
1,500
Eastern
119
96
20
Reynolds A
Distil
48
9%
119
6.
I
Oct
Jun
17% Jan
Diamond T Motor Car Co—
4874
9%
125%
Jun
4074 Jun
110
5
107
.50
3,500
34
47%
167a*45
3374
*15
6%
Oct
10
3,300
15 i'- 715%
337a
34
3374
*125
Dec
Sep
29%
.-100
Edison.
Diamond
700
48%
337a
Jan
,
•
•
110
1207a
*
347a
3,100
2974
39 71739
Dome
47'
110
Dec
33%
5674 Mar
6,000
48
123
Aug
1874
477a
367a Mar 23
237t
47
337a
16
Jan
5
23 74
237a
♦1097a
Jan
7
3
237a
24%
*121
4%
21
12
23
2274
110
2774 Mar
187a Jan
Feb
237a
40
121
Nov
52-
3974
397a
121
177a
29 74 Jan
40
40
*109 7a
217a Mar
Devoe &
Detroit
167a
397a
487a
1,080
4574
397a
48
Nov
Detroit Hillsdale & S W RR Co__100
587a
397a
3972
227a
6,400
Nov
97a
117a
100
Delaware Lack & Western
457t
40
487a
Preferred
8
274
24%
Jan
No par
20
..
Feb
July
3% May
1974 May
•
24
10
27
105 7a May
—1
Delsel-Wemmer-Gllbert
*16%
*39%
2374
197a
Co
&
Jan
x4%
1
pfd
Records Inc
Delaware & Hudson
167a
45
23%
87a
17,000
20,900
40
45%
48
Deere
467a
*45
237a
%
Decca
(The)
Jan
jC ^ t*
15%
98
29
iS
100
197a
Corp
Dayton Pow & Lfc 47a %
900
35
29
3474
34
34
34
3,200
Chemical
72
105
9
3
25
Corp
preferred—
Davison
Jan
Mar 10
77/a Jan
100
No par
Davega Stores
5%
5.900
41%
19%
400
417a
417a
427a
<
pfd
Jan
7%
6% Apr
24% July
Dec
15%
9174
?4% Jun
Feb
20
1
Cutler-Hammer Inc
3%
4
23% Jun
5
—
5
Jan
Jan
No par
No par
1
A
Class
Jan
16
No par
preferred
Jun
24% Nov
Jan
18
Prior
Jun
25
Jan
89
22% Jan
Curtiss-Wrlght
11
Jan
2
—.-100
"■$7 preferred—
Jan
10%
104% Feb
4
—
2%
17%
1027a Jan
Feb
(The)
8
12
21
106
Curtis Pub Co
July
487a Feb
50
1
20
-25
—.
27
Jan
45
1% preferred :
—-———100
1 5%% ,conv preferred
—100
Cudahy Packing Co
30
Inc
Jan
17% Feb
147a Jun
■
25
10
42%
3574
8
1,700
600
26
*1878
-
137a
*25
*35
-.
12% Jan
1
1
preferred
217a
1174 May 11
187a Jan
preferred-—.——100
Press
Dec
6
Jun
157a Feb
3
25
Cuneo
82
22% Feb 23
1674 Mar 10
1174 Jan
—-—.
Cushman's Sons Inc 7%
257a
25
19
;
Jan
3174 May 19
3
12
Jan
10
9,200
■
11274
*25
25
42%
15
xl37a
25%
34%
•
*111%
25
19
160
115
*7%
*1117a
112
.
43,500
'
13
7% Jan
Jan
1,400
47a
*19%
7%
25
12,900
24
16% Jan
36%
5 7b May
8
22% May 19
15
5
112
4 7a %
457a
23%
2374
1,000
107
*110
115
"
474
1474
157a'
15
800
,
457a
*
102% Jan
24
17a May
Jan
3
Sep
Jun
July
23
,11% Feb
1067a
457a
474
100
*
-
25
16
106% Mar 21
Cuban-American Sugar:.———10
9,700'
11674
2574
*
par
Cuba RR 67c
\
25
*105
107
107
X457a
237a
'
1067a
*116 7a
-
67a
6
*110
24
24
41%
8%
47a
115
*110
24
.
4674 '
15%
15%
34%
.
106%
474
'
*19%
25
774
774
7%
*7%
*19%
106%
4674
,
*
6% y
1067a
46%
1167a
11674
6
115
*110
115
*110
115
*110
474
57a
5
5
5
46%
467a
*104 7a
1067a
108
106
108
106
46
33
.
140
*130
140
*130
140
*130
145
*130
V
Jan
13% Jun
17
•
4,400
t
9%
29 7t Apr
23
—
7340'.
-
f
7
Mar
4
3% Feb
500,
<
247a
•
100
44%
24% May 29
10
217a Feb
950
i
787a
787a
78%
100
23
5
No par
No par
No par
Crown Zelierbach Corp
5
$5 conv preferred
No par
Crucible Steel of Amer
No par
5% preferred—-———,-100
-2,600
177a
Jan
27
3
par
preferred
$2.25
400
11
29%
87% Mar 11
874 Feb
Crosley Corp (The)
Crown Cork & Seal
2,100
•
10774
% Jan
3
217/a Jan 27
preferred
conv
Cream
3,000
197a
477a
167a
5%
,
500
33 74
477a
•
530
Jan
1
Jan
2% Jan
Jun
Jan
16
18
24% Jan
1
July
Jan
25%
104%
4574 Jan
15
207a Jan
41
44
30%
10
106% Jan
% Feb
79
Jan
9
5
41% Mar 18
3
11
147a Apr
9
447a May 31
25
Feb
407a Feb
25
——100
of Wheat Corp (The)
2
Co
Crane
14,300;
•
;
*3274
19%
3372
337a
33%
337a
33%
48
24
477a
19
197a
19%
19%
19%
39 7a Jan
par
:
Coty Inc..„
Coty Internat Corp
1,800
2,300
'»
2074 Jun
377a Jan
—.—-100
Preferred
160
V'
1057a,
*2374
24
*23 7a
2,600
247a,
24
247a
106
1057a
'
57a f
27a.
*5%
*274
57a
*5 7a
1057a
106%
106 %
*105
177
247a
23%
*5%
18 74
24
98% July
1974 July
5
Copperweld Steel Co
Conv pref 5%
series
Cornell-Dubilier Electric Corp
Corn Exch Bank Trust Co—.
Corn Products, Refining
140
49
49
49%
49
49%
1874
Jan
Bessemer Corp,.——No par
prior preferred
—No par
$3
350
->
*48 7a
*48
79%
Continental Steel Corp———No par
1,600'
487a
May 24
Cooper
'
44
117a
Insurance
Motors
Continental Oil of Del—._.
130
11%
11%
91
105
9.900
300'
V
13 74
'*4274
44
*43
267a
*13
14
1674 Apr
1,200
31
267a
31
2674
437a
7
3074
31
3074
13%
43
43%
*43
27
*26
27
*26 7a
3174
31
31%
31
*26%
Oct
Feb
20
5
-$2.50
1
5
Continental Can Inc
3,700
4374
46
46
437a
4,000
2,900
11
43 7a
73
No par
partic preferred
Laundries Corp—
Natural Gas
-
3874
10%
Sep
Jan
No par
par
«
39%
39%
397a
39%
7t
,
2,700
109
3974
>.
2,600
'•
874
87a
1087a
110
-
77%
37
574 Mar
25
Apr
84
5
—15
Consolidated Vultee Aircraft——1
$1.25 conv pfd-—r—;
No par
Consol RR of Cuba 6% pfd
100
Consolidation Coal Co
25
$2.50 preferred
50
Consumers Pow $4.50 pfd—No par
Container Corp of America——20
Continental Baking Co
-No par
8% preferred
,—100
12,500
*15
Jun
Jan
Mar
Consolidated
9,300
-
574
40%
80
Consol
3,900
3074
'
30%
$2
3,300
217a
107a
29%"
Jan
857a Mar 14
7
23
Congoleum-Nairn Inc—■_——No
Consolidated Cigar—
No
Consol Coppermines Corp
Consol Edison of N Y
No
$5 preferred
.No
Consol Film Industries
1,200
22 74 ;
105
105 7»
105
47a
474
47a
2,900 '
:
-
1%
3
Feb
4
Pictures
Commonwealth Edison Co
Conde Nast Pub Inc.
14,700
28
-3%
217a
4%
2,100'
,
247a
28
31,600
•
137a
28
9,200
:
2674
137a
247a
3%
105
105
105
104%
28
267a
247a
21%
22
217a
22
21%
.
137a
247a
137a
24%
267a
137a
277a
13
3,700
157a
26%
27
27
13
24%
3%
104%
8,200
6
Jan
70
100
100
,
No par
—No par
$2.75 preferred,-.
No par
Commercial Credit
—10
4 % % conv preferred.
100
Coinm'l Invest Trust
No par
Commercial Solvents
No par
Commonwealth & Southern—No par
$6 preferred series—
No par
ioo
>
n
83 7a
827a
267a
*277a
.:
447a
%
%
84
24%
3%
5%
1067a
7a
267a
,
397a
447a
837a
.
457a
*44
387a
247a
26%
1974
457a
27%
24%
*27
19%
*44
x38 7a
107
157a
U
*91
397a
447a
2,600
Columbia
75
46
*44 7a
84%
75
13
2672
*1274
13
1,400
preferred series A
preferred
Columbian Carbon Co
6%
900
t per share
share
per
76
No par
Columbia Gas & Eleo—
29,800
.
$ per share
$ per share
Par
70
75
24%
26%
26%
*12%
47a
837»
75
1974
1974
%
4
*83
91
91
4474
1574
827a
75
*73 78
20
*10674
107
*108%
197a
47a
' 837a
4
4 7a
4%
4 7a
4
4 7a
*82%
EXCHANGE
Highest
Lowest
Lowest
Shares
$ per share
$ per share
Year 1943
Range since January 1
Highest
STOCK
NEW YORK
.
the Week
June 9
June 8
June 7
June 6
for
Sales
Friday
Thursday
Tuesday
Monday
Range for Previous
STOCKS
AND HIGH SALE PRICES
Wednesday
LOW
Monday, June 12, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2424
May 13
47
8
153
Xl06%
Dec
107% Dec
16
347a Mar 13
21
7t Apr 19
287» Jan
127a Feb
2
Sep
Nov
-
-
May
Jan
35%
Jun
5%
Jan
107a
Dec
Jan
13%
6
Feb
11
7
9
1517a Jun ' 6
134
Jan
Apr
15974 July
123% Jun
6
12872 Mar 24
124
Dec
130
11774 Jun
7
120% Jan
20
12
Jan
20
9%
39
Feb
28
317*
974 Mar 16
3%
1467a
11% Feb
137
15% Jun
Aug
121%
Sep
Nov
11%
Dec
Jan
44% July
Jan
8% May
115% Dec
E
11%
*35
87a
8%
874
8%
87a
8%
x8%
8%
8%
8%
8%
*16272
1657a
*162
1637a
183
*179
183
*178
4474
44
44
44
*18 7a
18%
187a
43%
43%
427a
43
42
117a
117a
1074
11%
1174
117a
11%
11%
11%
11%
47a
47a
474
4%
4%
47a
47a
4%
4%
4%
4%
*4 7a
3%
4%
37a
4
37a
4
3%
3%
3%
91
89%
87
*86 7a
*179
44%
4
183
447a
*1874
187a
163
162
162
*161
162
182
*178
182
*178
45
45
45
447a
44%
45
*18%
19
437a
18%
♦187a
43%
43%
43%
11%
Electric
Auto-Lite
11%
8.600
Electric
Boat—
4%
3,700
Elec
3%
6.700
Electric Power & Light
907a
2,700
$7
600
$6
93
94%
91
92
897a
88
88
8874
897a
43
4274
4274
417a
417a
*42
42%
X42 7t
42
33
327a
327a
327a
3274
*32 7a
32%
*32%
33
64
*62
64
7a
6372
63%
63
63
10872
108%
*108
*62
109
117a
11%
12
1087a
11%
117a
'
98
98
98
*97
*107%
97
1087a
*108
1077a
74
42
X327a
1077a
*107
108
11%
97
11%
11%
117a
11%
97
97
97
98
997a
997a
9974
997a
9974
997a
997a
10074
100
1007a
10274
10274
10274
102%
103%
10274
10274
IS
IS
%
%
%
%
%•
1017a
IS
103
U
101%
*18
see
page
2431.
32%
66
10274
footnotes
42
66
64
100
For
87
97
117a
97
64
Edison Bros Stores Inc:
400
5,000
897a
IS
900
1,500
500
80
13,400
940
10074
1,270
1017a
7a
1,700
500
24
41
18%
94
3
Jan
—4
2
8
1-3
447a
897a
67/a Jan
Feb
Eaton Manufacturing Co
18%
Mus
&
Ind
shares
preferred
preferred
Battery
Electric
Storage
El
No par
Endicott
4%
Public Service
$5 preferred
$5 % preferred
$6 preferred
JEquitable Office BIdg
170
May
X173
Sep
184
Jun
Jan
Feb
45% July
Jun
7
35
18% Jun
9
11%
4478 Jun
8
307b
Jan
397a July
127a May 24
8%
Nov
14
45
.3
1
.! 19
Sep
Apr
4
18
4
3% Jun
9
5% Mar
6
174
Jan
3
3174
Jan
92
25
9974 Mar
287a
Jan
887a Nov
33%
Jan
42%
2374
Jan
4972
Jan
1017a
Dec
2%
Jan
37% Jan
10
4% Jun
1%
6
817a Apr
3
27% Feb
7
50
577a Jan
25
—-100
10174 Jan
19
1087a Jun
3
1
8% Jan
3
13% Mar
3
Jan
3
98% Feb
Johnson Corp
preferred—
Jan
May 23
1677a Mar 31
184
No par
No par
No par
Natural Gas
Paso
Jan
16% May
7
3% Jan
(The)
Am
Apr 25
157
175
44
94
907t
8
—No par
—;
100
cum
19
8874
*86
Mills
33
preferred—
6%
2,ioo
Rolling
Eastman Kodak Co
447a
94%
33
800
182
93%
*42
8%
162
*178
1637a
163
10% Feb 28
Engineers
No
No
No
No
78
3974 Apr
par
87
par
89
par
92% Jan
par
94% Mar
Apr 24
Jan
43 7a Feb
28
3
4
28
33
Jun
100% Jun
9
,
10
103 7a Jun
6
% Jan
12
-
Sep
Sep
587a July
103%
Dec
97a
Sep
Sep
92
927a
Sep
6272
Jan
96
Dec
74
Jan
57%
9
X32
Nov
Jan
Jan
54
28
3/8 Apr 25
5% May
€% May
"
May 22
66
,
Jan
Mar
174 Mar
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
159
LOW
Saturday
AND HIGH
Monday
June 3
June 5
s
$
per share
*11%
11%
11%
per
11%
11%
10%
11%
85%
11%
57%
57
57%
*80%
58
*80%
85%
*80
85%
*8%
8%
8%
8%
12%
12%
12%
12%
12
34
34%
34%
34%
3%
3%
8%
34"%
3%
11%
3%
10%
9
11%
8%
11
8%
NEW
10%
11
55%
Erie
Eureka
3,300
12,000
34
33%
34%
7,800
Ex-Cell-O
3%
3%
1,200
X33%
3%
3%
3%
40%
40
40%
39%
39%
39
39
39%
39%
23%
23
22
22%
22%
22%
22
22%
22
22
11%
12
11%
12%
11%
12
11%
11%
11%
11%
14,000
*16%
17
16%
16%
16%
16%
*15%
16%
*101%
102
*101%
101%
101 %
>101%
102%
20%
18%
18%
18
18%
7%
8
20
20%
*20
*17%
18%
18
7%
8%
8
•
v
7%
7%
*27
27%
27%
27%
27%
27%
96%
96%
96%
96%
96%
96%
1
20'%'
48 Va
20%
21
21
20%
21
*20%
21
49%
49%
48
43%"
48%
47%
47%
22%
21%
28'%
*6%
6%
*48
22%
47
20 %
1,500
*17%
18 %
8%
7%
7%
80Q
14,400
27%
26%
27
96%
96%
96%
96%
37%
28%
28%
28%
6%
6%
*6%
6'%
*6%
48
46%
46'%
*45'%
13
*12'%
13
*12'%
58%
58
58
58
20%
20%
20%
20'%
21%
20%
22%
22'%
22'%
22%
22%
*22%
17'%
16%
17'%
16%
16%
16'%
*95
97'%
*31%
32
31%
31%
37%
38
37%
38
*94
111'%
4%
97'%
110%
4%
*92
4%
700
20'%
20%
22'%
*16%
16'%
97'%
*92
97'%
31%
31%
37 7%
37%
37%
37'%
37'%
37'/a
110%
110'%
110'%
110%
3%
3Tb
3%
3%
3%
4%
3%
3%
4%
3%
4%
3%
14%
*14%
14%
14%
14%
14%
14%
*14%
" 14'%
42
40
41%
40
40%
40
41
17%
17'%
17'%
17%'
17%
17%
41%
42%
40%
17%
*17%
17%
*17%
5%
16 Tb
5%
54
12'%
12%
*106
5%
5%
5%
16%
15%
15%
54%
*53'%
54%
15 Tb
*53'%
54%
12 %
12%
*106
x44
150
12
107
*106
44%
8
8%
*148
5%
16
*53%
45
8
5%
16%
54%
107
*44%
5%
16%
*53%
16%
*53%
43%
8%
12'%
8
4%
13 Te
9
9%
4%
4%
26%
26%
*146
149
*145
36%
36
9%
8
4%
4%
4%
13%
13%
*90
26 Tb
92
26%
148
90
26%
*147
36%
£■■
4%
13%
36%
42 Va
42%
42%
113%
113%
113%
2%
2%
2%
42%
*2%'
123
123
111
111
123
131%
60 To
60%
110%
60
*106
110
•
131%
60 %
113
2%
123
*121
110
■
131%
*131%
59%
62
128
127%
*107
110%;
*130
133
127%
49%
49%
49%
49%
8%
8'%
8%
8%
20'%
20%
19%
20%
*7%
7%
7%
7%
108
108
*107%
19%
108
20
*107 %
19%
7%
7%
-
128
108
8
8
*107
^
*
13'% July
39'%
Feb
54
23% Mar 24
23
Mar 13
Jan
129
5%
10%
Jan
19'% May
12
1G%
Jan
21
3
5%
Jan
15'%
60
Feb
75
29%
Dec
38'% July
17
Jan
31%
111% Jun
200
8%
1,500
Apr
98
May 31
19%
3,500
2%
Jan
4%
Jun
7
1%
Jan
4 Vb
May
15'% Jan
22
9'%
Jan
14%
Oct
25% Feb
10
43'% Jun
2
19'%
Jan
30'% July
16% Mar
4% Jun
4
7
18
9
Mar
Mar 17
4'% Jan
3
5% Mar 13
3
Jan
6%
Jun
13'% Feb
1
Jan
14%
Jan
Apr
3
18% May 20
54% May 19
9%
51
61
Jun
53'%
10% Feb
11
106
Jan
13
4
143
Feb
4% Jan
81% Jan
35
Feb
5%
134
Jan
Mar
4%
Jan
Mar 17
2%
Jan
7%
Jan
97% Mar
24
8
71%
Jan
28Tb Feb
16
,
11
May 26
2
6
19
Feb
51
15% Mar 16
4
25'% Apr
*7Tb
8
*107
$6
2'% Feb'
,
18
20'%
Jan
Mar 23
130'%
Jan
30%
Jan
150
37% Jan
27
6
43'% Jan
117
Jan
No par
102
Jan
100
128
Mar 18
;
3
Dec
July
120'%
Dec
Jun
May 27
3
4% Jan
3
Equip Corp—No par
18% Apr
26
6% Jan
1
preferred
No
107
par
Jan
93
9
119%
83%
Jan
107'%
131% Apr
11
128'%
Nov
137
Jun
6
44'%
Jan
Bcp-
56
130
36% Jan
44'% July
Jan
28
125% Jan
Nov
39% July
Aug
62
par
148
1%
112
4
par
Jun
8'% May
18% May
98 '/4 May
32'% May
113'%
4
par
9%
9
51% Feb
No
Jan
Jun
Aug
3
126
11
No
No
A
34
Jun
9'%
151
Jan
10
,
Adv
6
Aug
3 % Jun
17.
10
115
General Printing Ink
30
x40 % Apr
112
Apr
par
par
No par
Common
1,900
108
No
Dec
107
Jan
10% Mar
3
Apr
H'%
Jan
37
152
4
140
Jan
102
81/2 Jan
3
11% Jan
par
6%
14
47% Mar 13
8
6% Jan
Mar 22
107% Jan
41% Apr 28
7% Jan 24
par
No
Corp
Motors Corp
Gen Precision
Sep
Jun
3
preferred series A-No par
Outdoor
Dec
5
,.
No par
preferred
Gen
May
2
.—
preferred..
$5
1,000
49%
Foods
General
Dec
Deo
Apr
18
103
No par
100
preferred
conv
9'% July
17% Jun
1
*—-*100
General Mills
10
19'%
108
7%
$6
36,300
8%
19%'
preferred
Cigar Inc
$4.50
400
60Tb
*127%
*49'%
8%
19%
108
60'%
128
52
8%
20
7%
108
128
*48
53
Jan
4
No
Gen Gas & Electric A
90
133
53
8Tb
126
110%
128
8%
123
61'%
Jan
9%
38 % Jun
No par
Corp
preferred
General
30
102,100
*107
60%
30%
60
4
—5
General Electric Co
7,400
3%
*130
61%
128
8%
-40 Tb
113
133
*49
8%
.
3
123
3%
7
4
5
5
;
cum
7%
25,400
110
60%
52
*48%
40%
2%
123
122%.,
7%
General
10
8
14% Mar 28
K
*112
113.,-
2%
,
370
Jun
2% Jan
Corp
A
400
28
29% Jan
No par
No
Bronze
Class
90%
36'/aM; 36%
41
*112
2%
128
128
40%
40%
40%
*112"
2%
123
133
*131%
41%
113%
2%
123
110%
*130%
40%
113
General Cable
1,700
27
147
36%
3,300
•'•
Jan
15
No par
,
Baking
preferred
$8
19%
2 Tb Jan
Transportation
General
Jun
1
Jun
July
12% Jan
General
147
*26'%
.
*113
4%
13%
90%
27
148
36'/a
36%
4%
*13
90%
*26'%
*147
148
Gen
30
36
33% Jan
5
50
Gen Amer Investors
4,500
Jan
3
No par
1
Industries Inc
3,500
9%
25%
22'%
par
Ao
$6 preferred
152
*9'%
109
1
Gar
8,900
8'/a
*149
i
9%
*9%
13%
•
92%
26'%
148
36
36%
8
149
13%
91
*26
149
36%
13%
93
8
149
9 Tb
'
Jan
20
Gaylord Container Corp
5'%% conv preferred
Amer
Jun
Jan
97%
15
No par
(Robert)
3,800
43
39'%
15%
May 13
Jan
100
—
7,100
107
42%
Mar 11
1
preferred
Wood
Jan
Jun
July
3
8% Mar
13
70
31'%
Jun
43
58% Mar
,
18
Jan
Jan
30% Jan
100
Co
(The) cl A
Inc
Jan
25%
29% Mar
5
13% Jan
19'%
.50%
10
1,800
12'%
12'/b
43
8
4%
13'%
92%
■
4%
13%
93%
*26%
*146%
149
pfd
Gamewell Co (The)
Gardner-Denver Co
200
54%
*106
107
42%
8
9%
14
12%
*106
43%
*146
149
9
4 Tb
*93
12'%
107
43%
8%
149
*143
12%
*106
43%
6%
1,800
16
*53'%
Trailer
16
20
98'% Nov
Jan
.Jun
Dec
38 % Mar 17
9
10
No par
Jan
Jan
2
23% Mar 10
1
25
Corp
preferred
preferred
Gair Co
3,100
5%
5%
16
16
10
is y8
ey4 Apr
25'% July
Jan
12%
109
5% May 16
H'% May
53'% Jan
78'%
Feb
Jan
42
Jun
48% May 25
3
44'% Jun
15
Deo
105'% July
29% Apr
21% May 25
'
12
107
9%
*9
5%
*17'%
24% Jan
3%
Jan
50
13
Sulphur Co
Gabriel Co
600
43%
prior
4'% %
10,500
3%
34% Jan
Machinery Corp
6 %
390
*14%
par
1
Fruehauf
3%
41
109
10
Freeport
V
4
par
—100
2,700
111
35% Jan
18% May
4
104'% Jan 13
par
par
Corp_
1,900
37%
25
preferred
Francisco Sugar Co
F'k'n Simon & Co Inc 7%
14%
5 %
Steel
Foster-Wheeler
70
<
1C3 % Apr
No par
Co
7,300
3i'%
4%
Stove
conv
Food
8,100
,
8
Food Fair Stores Inc
300
*22'A
38% Feb
No
350
"
25
No
12%
.'."•
27
No
45%
16%
3
Jan
No
12%
3%
41%
Stores
(The)
44%
20%
4%
Co
Florsheim Shoe class A
22'%
Jan
_
preferred
Follansbee
16'%
Jan
17
45
100
300
58
.93
1
N Y
400
14%
*17
*100
$2.50
Corp
National
5%
par
preferred
Florence
*31'%
4%
4'% %
100
$4.50
31%
4 Tb
1
Flintkote
97'%
4%
98% Feb
First
31%
4%
Tb
5
Enamel
6%
110'%
86
6
29%
111
6
3
27% Jun
40
31'%
no
.July
24
3
1,300
37%
110%
19%
17% Feb
101% Feb
22% Jan
8,500
31%
.
Nov
Jan
18
21
No
Dept Stores
preferred
conv
22
*92
*92
97'%
Mar
May
11'%
4'% %
39'%
20 %
16%
42
28
Federated
107
*22'A
20%
22% "
Nov
Nov
Nov
Jan
1J0
Nov
8%
240
108%
*57
30'%
21
400
6%
58% '
1
17
13
13
58%
58
14% Jan
Jun
24% Mar 21
14% Jan
18 Va
*28'%
29
3
6
600
6%
41
18
12
37%
28'%
3
Apr
9% Jan
8 V, Jun
37%
37%
21 '/a
21% Mar 17
46
*37
33'% Jan
%
20% Jan
108%
37%
par
20
4
*107'%
37%
3% July
5
24
108%
21%
Jan
1
4Vb Feb
2
Firestone Tire & Rubber
39%
29(4 Mar
35 % Jun
26
4,400
*105
Jun
Nov
3
Apr
48
22%
Jun
14%
Jan
47%
*107%
39%
9%
Jan
5
47%
107
78
Jan
5%
17
47%
x22
Jan
3%
19% Apr
Fidel Phen Fire Ins
*105%
68'%
9
5
Ferro
■
15
13% Jun
No par
1,300
22%
16'% May
62% May
9'% May 18
18
25
Mln & Smelt Co_
2,000
39%
16% May
Jan
Jan
2Tb Jan
Federal-Mogul Corp
20%
39
Jan
8
Federal Motor Truck
47%
*20%
8'A
39'%
21% Jan
No
20%
106%
47
& Co
Highest
$ per share
11
3
47%
22%
*12'%
Federal
13% Mar 22
2.50
21
39%
17
111 Va
20%
18%
*28%
13'%
Corp
48 %
*105%
48
13
*57%
40
.
47 Tb
>108
108%
6% Apr
9 Tb Apr
19
5
Co
47%
22%
6 Tb
*6%
58%
20%
20%
8
•"
■
105%
28%
*28
13 %
*22%
20%
*26%
21%
*37
49
13'%
*58
40
*17%
105%
37Tb
37%
28'%
39%
107
*105%
37
46%
*108
39%
39%
107
37
108%
*108
39%
22%.
*105%
47%
47%
109
39Tb
600
49
48%
10S
16%
101 %
96% v
50%
*49%
16%
101'%
27%
15
5
Cleaner
Products
Fairbanks Morse
16%
8%
*26%
*95%
78% Feb
59% Apr
78% Feb
$ per share
13% Mar 22
3
Fajardo Sug Co of Pr Rico
20
Farnsworth Televls'n & Rad Corp.l
Federal Light & Traction
15
$6 preferred
No par
102%
18
3
1,700
*15%
-
9% Jan
46% Jan
3,000
*101%
20%
par
100
Exchange Buffet Corp
34%
12%
102
Vacuum
8%
13%
23%
20%
4
50
13
Evans
$ per share
9% Jan
a
8%
3%
I per share
Lowest
No
13%
8%
Year 1943
Highest
par
int
8%
40
20%
benef
'
No
common
12%
11%
*20%
Range since January 1
Lowest
5% pref series A
Erie & Pitts RR Co
1,900
23%
%.
RR
Ctfs of
16,600
86
40
*40
Range for Pro-i^us
STOCK
Par
2,600
55%
YORK
EXCHANGE
Shares
11%
*81
86
3%
3%
11%
56
*81
13
34
34%
10%
55%
86
12%
the Week
$ per share
11%
11
56%
56%
*81
12%
$ per share
11%
11%
Sales for
June 9
June 8
$ per share
11%
57%
*57%
STOCKS
Friday
Thursday
June 7
$ per share
share
PRICES
Wednesday
June 6
11%
mv*
SALE
Tuesday
2425
Sep
July
July
131'%. May
Feb
11
125%
Nov
49% Jun
2
17'%
Jan
2%
Jan
6'% July
13%
Jan
2i4'% May
8% May 12 ;
21% Mar 16
3
8
12
109
Feb
5
4'%
Jan
Mar 16
103%
Jan
a'a
Jan
39
Nov
8'%
112
Jun
Nov
'
'
*1%
1%
*1'%.
"•'.
1%
*1%
1Tb
22%
22%
*1%
1%
22%
22%
'
23%
22%
*118
22%
-
119%.
*118%
1%
1%
1%
76%
76%
*74%
21%
22%
22%
*17%
1%
76
*74
22%
x21%
1%
1%
76
21%
22%-'-
22%
118'%
*118%
"l%
*74
*
1,400
Gen
Railway
"l%
3,200
10
*117%
1%
1%
76
76
21'%
21
21'%
Signal™
17%
17%
17
18
18
18
18
18
18
18
2,300
General Shoe
79%
77
78
77
77%
76'/a
78
76
76%
1,280
25%
1,100
General
24%
27%
114
*112%
23%
23%
23 %
102
102
*101%
*10%
10%
*81%
82
10%
*81%
■
15%
15%
15%
*94
98
*95
%
*48%
50
24%
24
27%
114
Va
27%
*112%
23%
22%
103
101'%
24%
24'%
-v".
*112%
23
%.'•>
24%
24»%
*26
27%
114
27
23%
23
23 %
V?
6%
General
3,200
40
19,500
Gillette
10%
10%
10%
10%
81%
82
83
83
15
15
*81%
I>\%"15
83
15%
15 y8
15
15%
15'%
15'%
98
dsTr bKS6'/a
96 y8
*94
96'%
*94
96'%
100
20%-'
x20
20%
5,700
>*48%
49%
100
1%
2,100
*94%
21
20%
50
*48%
*1%
1%
1%
1%
1%
3%
3%
3T4
3%
.
20%'VA
50
onl
20%
*
1%"SL
49%
1%
*49 %
3%
20%
50%
^20%
,
11%
10%
*82
83
1%
1%
49%
1%
-
iiy4
11
-
Tire
4'%%
No par
51% Jan
12
83
No par
19% Apr
14% Jan
25
'1%'
$5
300
11,500
99
4'%%
Gobel
Jan
15'%
Jan
91
July
24%
Jun
8
17
103
3
11% Jun
69
Jan
6
83
11Vb Jan
19
,—50
45
..—1
preferred
(Adolf)——
x83
1
Jan
Apr
Jan
Jan
14%
26
Dec
23% May
113
Dec
25%
Jun
8
4%
Jan
60%
Jan
74
Jan
14%
Sep
Jan
85'%
Oct
Jan
22% July
Jan
48
5
59
14%
41
8
2'/e Mar 27,
3
Jan
Jun
Sep
23% Mar
17
Apr
49% Jun
4
Jan
Jan
15'%
15% May 29
96'% May 26
21'% May 31
7
18'% Jan
16%
108
1Tb
59
Mar 31
par
7% Jan
60
22
28% Jun
1
113% Apr 22
23% Jun
1
par
par
No par
No par
;
(The)—
conv
9 Tb
May 27
No
No
$6 preferred
Co
Jan
No
preferred—-
Brothers
Glidden
Feb
15%
25% Mar 16
14
19 % Feb
Jan
23% Mar 20
6
Jan
—100
Safety Razor—
conv
Gimbel
?.
Jan
Co
——
31'%
88% Jail
19
Aug
12
Apr
18
110
115
Jan
9
100
,-5
Jan
Mar
2'% May
25'% May
%
4
No par
Rubber
&
Jun
12%
X104
8
2Vb Mar 21
3
22% Jan 20
20
Corp
Corp
preferred
118% Jun
11
76
5
,
23% Mar 13
10
Apr
1'% Jan
preferred
23
*102
Instru
20% Jan
112
Corp
—_—1
preferred—No par
Telephone
Gen Time
103
*22'%
23
200
114
*112%
103
*101%
27
*26
27
114
*112%
101'%^- %101% 103
*24%
24%
*26
114
83
98
20%
21
1
,
Gen Steel Cast $6
28%
*27%
par
1% Jan
1'% Apr 25
1
Refractories
General
f :
.
100
78
24%
*24%
No
preferred
Realty & Utilities
$6 pref opt div series
5,600
*74'%
21%
6%
10c
-i.—
Gen
200
76
21
75
21%
Public Service
22
x22
v
118%"
1 %
Gen
.
17%
*112'%
*48
*118%
1%
500
1%'*
*1%
i""
79
78%
21
22%
119%'
1%
•fe Jan
9 %
May
May
Jun
1% May
•
98%
98
1
98
43%
98%
'
49%
49%
49%
*101%
102%
*102
47%
46
47
'
*42%
13
"12%
*107%
109
*107Tb
1%
*3%
1%.
4
■
17%
*17
12 %
3%
17
4
109%
1C8%
*108%
13
*12%
109
*107%
1%
4
■
12%
47'%12%
\
4
..
4
*
u
34
34%
*34%
*23%
.
4
,
3,500
1,500
Grand Union Co
2,000
Granite
34%
34'/a.
34'A
35
*23%
24%' 1
*14%
15
33%
32
32%
26%
25%
26-
153%
*151
153%
151
60
*57
45
45
46%
20Tb
21%
20%
11%
11%
11 Va
11 %•
11%
11%
11%
11Tb
11%
143
,143
14%:
15
144
14%
*57
4
4
4
*144
14-5
■
700
Grant
14%
1,700
Great
32'A
23,300
26'A
4,000
*
'!
25%'
Jan
Sep
3% May
97% Aug
24 7%
Jan
83
Jan
1
25'%
Jan
41% July
May 11
907%
Jan
108'% July
1
17
13'% Mar 18
•
4'%
45%
102
Sep
Oct
Jan
9%
Apr
Jan
80
101%
pec
25
108% Jun
9
; ;i'% 'Jan.,, ,3
_—1
•!% Jun
' 6
4% Jan
5
3%
Dec
6
8
Jan
7%
Jan
Iron
5
3% Jan
2:0
15% Feb
28
9% Feb
Ore
32% Jan
Feb
37
Sep
23% Jun
25 % Mar 15
24
Dec
26
July
Prop—No par
14% Jan
15 T% Jan
13%
Dec
18
Apr
Great Northern Ry 6%
pfd—No par
No. par
—100
143% Feb
45%
11
%!
Preferred
Green Bay & West
'i
46'A
20%
t
11%
*11%
80
"60
*57
2G%' •20%
..
4
'
-
20%
900
:
7
'11%'' '12%
(H
Co Inc—*
L)
8,600
•-••11%; 111/4
'
11%
Green
100
i,l
RR—
Greyhound Corp (The) i—-No par
5>%% preferred^—*i.—
10
Grumman Aircraft Corp—
1
2,700
Guantanamo
5.500
-
800
'•
18
Jun
13'A May 31
36% Apr
25% Jan
Sugar*
Western
Great
151
140
15
14%
14%
14
.
141%
4
;
140
.
4'.
141
*
-
.
|
3%
140
'
34% May
29
Mar
.24% Jan
153
Apr
67
15
5
31
9
8
14
57
%
56%
57%
55
56'A
48 T a
48%
48%
48
48'A
*29%
29%
29%
29%
*29%
29%
*35
36
36
*35
36
13%.
14
'•
54%
x47%
47%
54
•
<
140
180
8%
*
1
13Tb
54
•
14%
'
'
54%
16,700
.i
2,700
*5
47'A
47%
8,700
29'%
200
35
610
Gulf
Nov
Jan
32% May
27% Jan
154
Dec
Feb
3
57'%
501% Jan
5
311/4- Jan
50
'
Sep
,19'/a Apr
19
22'/4 Jan
24
14'%. Jan
21%
Dec
29
12'A Jan
24
11 i
Jan
13'% July
10%
Nov
11
U
Apr
Apr
13
18
Mar 13
Sep
65.1
Jan
17'A May
2'%
Jan
5
Jun
Jan
160%
Jun
...161/4 May 17
3%
Jan
10'% May
Jan
41'% May
43% Apr 25
58% May 19
49% May 19
25 %
44'/4
Dec
50'% July
23
27
Apr
4
29% May 23
22%
Feb
28'%
Sep
25
35
Jan
20
38
5
35
Jun
38
Apr
9
12'%
Jan
18'% July
9%
Jan
No par
No phr
Ohio RR*
nrcferred
Oil
Jan
23'%
81'%
*100
'
•
21%
138
Apr
Mar 14
Sugar—No par
preferred
Gulf Mobile &
29'%
6%
17
July
13% May
May .23
.43'% Feb. 17
■;-57
3% Apr
26
4% Mar 10
3
Jan
6'% Jan
'
3
123
15p
'
J
14%
3%
2% May
No par
10
——20
(W T) Co
preferred
Nor
1$, Jan
-No par
City Steel—:
'
GO
-
'
*152%- '154
'
"
.
5 %
24%
31%
;
26 " •'•
*45%. •'46%'-
4
48 'it
;
*57-'
-
•
.11%
57%
58
4
14%
'
60
49 %
49
73'%
18
■
4 %
*
60
v'
*152% ■154
20%.
11%
4
57,400
■
'
26
46%
21%
"
4,%'
*24
32
31%
!
151 %
H'/s
-
1% -
*
15
47
4
*57%,,
1%
4
Feb
110 Vb
8'% Jan
100'% Jan
Feb
,
43% Jun
104'% Jan
-100
,—
May
50'% Jun
104
36% Feb
——No par
Hosiery
Preferred
12%
24%
21%
"•
11%
.
Gotham
10O
Feb
Jan
>
17%
14%
'47
*46%'', "47%
11%
40
98
Goodyear Tire & Rubb—:—No par
$5 convertible - preferred—-No par
12%
*17%
15
*57
•
~
17%
••""•
18
12%
32%
26
*151
21%'' 21 %
85% Jan
No par
No par
(B F)
12%
'!%■
-
25%
34
*26
,
*sr.60
*11%; 11%
Co
$5 preferred
13
1%
14%
15
33%
*23%
*17
PA
■
'
40
Telegraph Co——100
Gold & Stock
Goodrich
4 Vb
2% Jan
Co——~
Graham-Paige Motors—,Granby Consol M S & P_
,.
34%
24%
24%
15
"
2,100
108%
108%
4
12%
34%
153%
13
*12%
-
1,100
-1
Brewing
12%
!%<
18
34%
34
1 Ta
12%
*23%
15
1%
12%
34%
151
6.3^0
108%
108%
•
tGoebel
300-
*6%" "47
109
*107%
200
5.4C0
102%
102'%
109
400
3 Tb
49'%
49
103
P%
-
109
17%
24%
26
109%
46%
13
*23%
33%
49 Va'
47%
47
*3%
•■"93-"' •'93
94%
49
*102%
12%
T%"
*34
'25%
47%
3%
-94'%
102%
17%
*12%
12%
15
*3%
"
49%
*107%
109
98
102%
102%
109 %
12 "2
-96
49%
45%
%
'•
50
>
'
/•
1%
98 %>'
*102
47
109
98
48%
.
102%
109%
109
108%
'
3%
3%
25
Corp
33
Jan
3
,
H
*16%
*35
17%
17%
14% ' 14%
>107"'1
109
For
14%
*107%
footnotes
17%
14%
2431;
http://fraser.stlouisfed.org/ \
Federal Reserve Bank of St. Louis
14%
15
109
•
29%
29 Vb
29'%
35%
17%
*107%
109'
se<rptvge
*17%
*29'%
35%
35
35
17%
14%
•
*107%
17'2
14%
109
17%
14%
*107%
17%
15'%
109
*29
35
Hackensack
7 %
18
1,500
Hall
147%
15
6,200
Hamilton
*107%
109
18
6%
Water
preferred class A.¬
Printing Co
10
No par
Watch Co
preferred
—
100
15 Vb Mar 13
Hi/4 Apr
106
Apr
26
11
18
May
Jun
15 '/a Jun
108'% May
8
4
104'% Mar
15%
Jun
HOVb July
Monday, June 12, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2425
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
LOW AND HIGH
Saturday
June 3
June 5
j
$
$ per share
June 7
*10514
105%
105%
16%
16%
$ per share
share
$ per
16%
*143
106
7%
7%
*100%
107%
7%
*7%
7%
3
2%
3
2%
106
105%
106
*105%
"70
70%
23%
23%
23%
*82
129
66
*64%
*115 'A
22%
22%
40%
15%
14%
15%
15%
15%
15%
15%
16
*14%
42%
43.
41%
44%
42%
43
42%
43
43%
43%
44%
44%
61
110
a66
66
66%
40%
16
43%
*60%
*110%
32%:
32%
32%
2
9
Vn
9 %
9%
10%
9%
26 7t
26%
26'A
26%
26%
11%
12
11%
12
11%
2
2%
35
34%
34%
2
1%
!%"■
10%
33%
34
34%
o
*1%
2
2
,,
,
9%
10%
9%
9%
9%
26%
26%
26%
26%
26%
*26%
12
12%
12%'
12%
11%
12%
1%
1%
1%
1%
28
2774
2774
27
27
147a
147a
14%
14%
1,600
3,900
"v.' 3,200
26%
12%'.
1%
5,000
9%
10
35,300
•
287«
27%'
15%
15 %
15%
14%
35 %
35 7o
3574
347a
34%
337a
33%
337a
48,900
1%
:1%-
•
15%
66 %
66 Va
667a
677a
6674
6674
6574
6674
13%.
13%
13
;
13%
12%
13 7b
*16%
16%
1674
16%
*1674
167a
163/a
167a
*39 7b
407B
407a
40 7e
39%
40%
395/b
40
63
1674
*39%
8 7b
*7%
.*33
;
..
'
34
76%
76%
76%
10%
107a
10
1074
*7%
8 Va
8
*33
34
1127a
'
t
'
77a
7%
7%
73/b
7%
7%
77b
7%
1707a
1707a
172,
*170
172
7%
74%
173
2
167b
167a
167a
16 %
16%
27«
27a
167a
70
16%
82%
16%
167b
16
16%
15%
80
307a
7974
79%
797a
80
10%
10%,
10
107b
107a
107a
84
86
84
84 74
45
43%
437a
87
87
:•
*43 7a
65
127
14%
657a
127
*120
15%
16%
15%
16%
1574
16%
15%
1474
157a
15
157a
15
16%
16 3A
16%
*34
35%
34%
15%
112%
*109%
"
22
:
11%
787a
11%
i
1407a
■
347b
34%
xl5%
157a
157a
*32%
94%
93%
657a
65
65%
„
78
7774
11%
*76%
11%
227a
11%
21%
11%
j
Island Creek Coal—..
,
;,
:
$6
36%
Jan
45
July
9%
Jan
17
July
7
64 % Mar
9
44
Jan
Mar
4
105
Mar
112
Sep
57% July
114
July
59%
Aug
68%
Nov
11% May 24
3%
Jan
9%
July
Mar 22
30%
Jan
41%
Apr
66% Jun
35
21
1
2% May 31
%
Jan
27a
Jun
Jan 12
10% Jun
5
4%
Jan
10%
Jun
4
26% Jun
6
22%
Jan
29% Mar
4
12% Jun
6
4%
Jan
11% July
4
1% Jun
6
ii
Jan
2% May
Feb
25
28% Jun
2
10% Jan
3
1772 Mar 22
3
39% Mar 22
24
11
1 2574 Jan
Jan
8 V
677a Jun
4
Jan
46
4
Jan
Jan
32%
Nov
44%
Jun
867a NOV
10074
Apr
14
3
Jun
5
158%
Apr
77% May 24
62 \
Jan
9%
May
19% July
8
Nov
117a Mar 15
9% May 11
7
67a
24
21%
8%-Mar
28
34% Jan
168
-8% July
Jan
114 7a'Mar 13
106
6% Jan
3
87a Mar 17
6
6% Jan
27
2
Jan
387a July
Jan
115
Mar
Nov
9
Mar
6
Jan
9%
5
1447a
Jan
757a Jun
6
56%
Jan
1737a Jan
12
8% Mar
174
154% Feb 29
July
78% July
15% Apr
1
Jan
297a Apr 27
109% Jan 27
par
May
4
Feb
3
7% Jan
13
31% May
•
"117a
164
6
Mar
48
99
3
158
Jan
41% Jan
8
16% May
Jan
10074 Jun
Jun
,88% Jan
V 71% Feb
Jan
18%
37
,
14% Mar 22
25
35% Apr 14
100
8
,
5
.17% Mar 16
15% Apr
.100
par
par
Apr
177
Sep
1
25
1657a Jan 28
67% Apr
par
100
2% Mar
162
74%
Jan
6
177
Jun
July
7a
Jan
157s Jan
3
17% Mar 23
11%
Jan
19
Mar
Jan
13
707a May 27
557a
Jan
67
July
4% Jan
3
5% Feb
21
3%
Jan
257a Apr
19
Jan
17
25
Nov
Jan
3
14
129
Dec
13 7b Feb
7
1% Jan
65
130
Jar vis
4
93%
47a May
7,300
21%
65%
787a
7774
77V4
1,100
11%
*117s
11%
1,100
Joy
17%
1,100
Kalamazoo Stove & Furn
~9%,
2,300
700
5%
Co
Dec
11% Jun
2
37%
4
907a Jun,
Jan
39
6
28
Jan
56% Jan
3
"3
36
717a July
July
38% Jun
Feb
44
Apr
38% July
71% Mar 10
1207a Mar 9
11 % Jan
_11%'Jan
Jan
60
Dec
10272
Jan
115
July
6
6%
Jan
16% May
6%
Jan
16% May
15%
12
Jun
12
15% JUn
6
Apr
19
17% Jan
15
974
Jan
18%
Sep
15.-Jan
4
17% May 25
10%
Jan
18
Jun
6
34% Jun
6
277a
Jan
32%
Apr
Jan
145%
Jun
Jan
29,
■
1374 Jan
3
15% Jun
9%
6
26
33% May 25
Jan
1672 July
July
Feb
,34
997a Mar
10
Feb
110
10972 Aug
15
96
Mar 13
70
Jan
8
95
May 25
78
Aug
79
Aug
197a
Jan
26%
Apr
54
Nov
65
Apr
79% May 31
64%
Dec
82
Apr
May 10
87*
Jan
12%
Jun
Mar 21
xl2%
Jan
Feb
121
Dec
May
23% Mar 16
20% Jan
' 3
Jan
5
67
66% Jan
4
10% Jan
14
58
135
Mar 15
141
17
^_100
.1:
pref series B couv
Mfg
69%
Jan
43% May 24
90
65
Jan
3%
13
84% Feb
65
45%
1
11
13
RR
217a
Dec
1
Jun
3
3572- Jan
117
Apr
July
14%
39% Jan
stamped__100
Jones & Laughlin Steel..—No par
5%;. pref series A
100
Chicago
138
Jan
84% Jun
11
27
Apr ~22
107% Jan 21
100
preferred
73672
874
68% Jail
Johns Manville Corp-——No par<
&
6% May
29
„/
Joliet
2,200
.
Feb
17 7a May
138% Jan
No par
...
28%
134
:
1
(WB) Co
Feb
7% Feb
15
1
Jewel Tea Co Inc..
<
66
•
par
preferred
21%
*117a
11%
42%
1% Jan
—No par.'
——1.7
Intertype Corp.—
787a
78
*117b
,
4V*%
112%
92%
Jan
8 % Feb
No par
*65%
657a
77%
78
600
*95
21%
22
*65
2,200
327a
*109%
93%
93
94
94
10
1574
*31%
*95
:217a
22
09
*109% 112%
112%
*109%
400
__
15
157a
327a
15%
327a
*109% 112%
3474
*139
00
1574
17
800
*33%
34
x34
r Aug
31
22% Mar
100
100
Interstate Dept Stores...—_No
1,600
*16%
167a
*139
*140
32
•
167a
1774
*95
657a
67
78%
95
*95
21%
2274
v*66
112%
94
9574
9574
3274
*109%
33
15%
X3274
1574
15/A
*32
34%
140%
35
*34
*140
*140
167a
1774
667a
127
15
17%
17%
38
*65%
*120
14%
14%.
17%
17%
/ 38
157a
*
173A
847a
44
14%
16%
14
847a
15%
1474
16%
107a
*10
*41
657a
127
*120
16s/8
14%
13%
14%
*17-
38
38
657s
*62 7a
65
*120
38
38
38%
38
65
127
,
*43%
45
117
16% Jun
1% Jan
6
•
167a
8174
38
37%
14%
14%
17
10%
*120
17
14%
*16s/e
26%
132 7a
*131
Apr
Jun
'
—20.
Corp
17% July
17
115
12%
.
4%
80
45.
*62'A
65
127
26%
26%
May
<
30% Feb
Int Hydro-Elec Sys class A
25
1,200
International Min & Chem_
.5
100
4% preferred.
.100
6,800
International Mining Corp
.1
16,900
Int Nickel of Canada..:
—No par
150
Preferred
—
100
(23,800
International Paper Co
.15
2.700
5% conv preferred—.
w
100
1,100 A Inter Eys of Cent Am
No par
280:;.v 5 % preferred—
100
•■■I
100 »:• International; Salt—.—.——--No par>
1,900 / International Shoe
—-No pan..,
7200 .^.International. Silver^....
50
...'r'Z 7% preferred__._-___.___
_100
118,100 Z; Intern'l Telep & Teleg—
JVo par
12,200
».
Foreign share ctfs
No par
6974
4%
16%
90
8974
*43 7a
38
38
*62 7a
*120
6974
4
7% Feb
1,500
167a
5
1327a
"
107a
91
467a
*1674
16%
81
10%
*89
*43%
274
82
:167a
16%
'".8274
4%
*131
720'
173%
70
26%
1327a"
*131
131
131
26%
26%
26%
267a
26%
' 132
4%
57a
4%
4%
*4%
*131
6,000
757a
*2
16%
4,800
40% July
Sep
44% Mar 16
23
Feb
Intercont'l Rubber.
No
Interlake Iron
No
Int Business Machines
--No
International Harvester...—No
Preferred
1,700
100
173
2
*69
5
74%
757t
.<
170
*168
171
1737a
1674
70
*69.
70
*69
70
267a
267b
131
1074
,
*69
5
2674
*95
7%
27a
167b
131
:
7%
1737a
*69
*474
»
7
7
Jan
Jan
7
45% Jan 25
Feb
Jan
Jan
preferred
6%
40
114
7
2%
*173
Interchemical
:
*112
2%
1737a1 1737a
200
114
27a
2%
■
34
2%
*1674
;
^34
*32%
173%
7434
*173%
2^600
28%
13
Jan
Inland Steel Co_i.——No par
Inspiration Cons Copper.:
—20
Insuranshares Ctfs Inc
1.V
T.600
9%
8
*168 7a
7574
743/B
75%
74
7474
,
76%
9%
*7%
74%
173% 173%
75
76%
9%
8
*112
171
*170
10
7%
7%
73/a
900
97
6%
7
774
96%
97%
77%
*32%
112
7%
■
300
X9 7/a
34
7
1,100
25% July
3
63
Leased lines 4%—;
100
RR See ctfs series A.
....1000
Indianapolis Power & Lt—-No par
Industrial Rayon
.<—No par
$4.50 preferred A_;
No par
Ingersoll-Rana.
No par
6% preferred
___._100
2J00
397a
100%
16%
"75/a
112
112
16%
39%
*160
*77
8
*32%
34
•
112
'
*169
*7%
'950
Aug
21% May
Jan
Apr
54
preferred series A
•
2,000
*997/a
40
*96%
76%
10 7a
*112
7%
7%
77%
*33
1
1127a
*112
76%
8
V
13
*160
107a
■h
76% *76%
107a
107a
6274
13
•
96 Vz
*9674
*160
*160
164
164
97
967a
9774
9774
97
61%
10074
100
164
2^00
34
127a
16%
12%
33%
118
Jan
117
108
;
Jan
16%
6
i_^.100
Illinois Central RR Co.
12,800
100
8
-No par
Idaho Power Co.—__—
1,700
27
14%
337a
X6174
i4%
97
27
14%
:
•
*13%
*161
..
5
1
7
par
Houston Light & Power
25
Houston Oil of Texas v t c:
5
Howe Sound Co—
,
,—100
Hudson & Manhattan.".
.—100
5% non-cum preferred—
Hud Bay Min & Sm Ltd— -No par
.No par
Hudson Motor Car..
—.
1
Hupp Motor Car Corp
.
13,300
11
28 74
15%
1,000
11
667a
10%
1%
1%'
66
10%
66%
u V*
July
Jun
Co.. -No par
preferred
5%
71
136% Aug
14%
13% Jan
130
Jan
16
42
Household Finance
200
111
111
Dec
16% Feb
-No par
Jun
Jan
49
40% Jun
.No
87
73
128
4
13% Jan
•
Apr
Aug
29% Dec
Jan
22% May 24
21
36'A Mar
39
Class B—
172
12%
7
117% Apr
116
Houdaille-Hershey cl A
500
71
Jan
Mar 10
x22JAJun
100
»_•*.
110% July
Jan
66% Mar 18
134
2
Homestake Mining————12.50
7,300
66
66%
1%
35%
l-
60%
60%
62
111%
34%
10%
10%
1%
28%
16
66
66%
32%
28%
4,300
7,700
Jan
56%
13% Jan 10
-No par
43%
15%
1—10
Hollander.& Sons (A)—A.*——5
Holly Sugar Corp—...
7% preferred
-
93%
25
Apr 27
19% Feb
20'A Jan
(C E) The
900
44%
16%
Xl6
62
43%
44%
.1—10
Holland Furnace (Del)
2,400
15%
45
10%
*65%
1%
1%
A
preferred
conv
Hires Co
400
•
*116
42%
110%
110%
110%
110
*32%
1%
;
14%
15%
$4
Hinde & Dauch Paper Co__
200
•
10%
10%
10%
40
*14%
15
*44
16%
15%
*60%
62
*60%
61
110
16
15%
15%
15%
62
110
66%
.
40%
200
500
•
•
'
43%
15%
22
*116
42%
15%
114
22
15%
43%
.*61
par
40
16
*42'/a
*103%
par
-No
22%
*14%
*116
Hershey Chocolate.
!
f
,
Oct
Jan
10% May
3% May
152
21
3
65
109%
Dec
1%
25
83% Jun
24
18
Jan
22
15
15%
*116
*116
*116
v
Apr
Jan
63
23
39%
22%
39%
15%
75
128
-No
116
39%
22%
par
—100
65
22%
39%
-No
116
*22%
15%
40
Hercules Powder.
6 c/o preferred _—....!
*22
116%
66
*65%
22%,
22%
*14%
2,500
22%
65%
116'A
*21%
7% May
:
Jan
9
27% Feb
20% Apr 24
par
70
Jan
6
Jan
163
-No
116%
65%
116%
23
100
75% Feb
6
Mar 11
Hercules Motors.
129
129
4%
86
May 24
108
Sep
18% July
144% May
"
63% Jan
160
3,800
*22
66
preferred—
non-cum
3% Jun
28
82%
81%
83
130
116
40%
22%
15
83
'*129
115%
22%
*22%
*22%
*40
83%
130
*21%
116
22%
22%
23%
22%
*129
130
.
7%
—
3
108% Apr
1
7% May 31
Mar 13
99
.25
._
135
8
7% Jun
14
104% Jan '5
6% Apr 28
Co——11—25
Glass
(G
Jun
107%
Jan
Jan
Feb
13%
17% Mar 16
150
6
5% Jan
r
:.i
99%
11
Feb
108
18
Apr
Jan
J per share
$ per share
$ per share
15% Apr 24
22%
22%
23
Hazel-Atlas
' Helme
50
163
*160
163
X162
200
•
105
138
2% Jan
Hayes Mfg Corp
51,000
480
70
pa*
par
100
.....100
preferred—
Hayes Industries Inc
6%%
600
,,
106
*69%
70%
-No
Hanna (M A) Co $5 pfd
_No
Harbison-Walk Refrac„
6% preferred
: Hat Corp of Amer class A_,
20
3%
3%
*105%
106
*69
*64%
66
116
*64%
*115
130
v
162%
83
82%
82%
83
130
*129
23%
23
23%
82%
84
129
70%
5,800
7%
7%
7%
3%
3
105%
106
*160
*160
*160
*160
105%
*70
71
*69%
70%
i
107
107
7%
7
3
3
106%
70
.
3%
*105%
3
*7%
7%
107%
7%
7%
7%
7%
*7'/a
107%
*106
106
7%
*106%
7%
*107
50
150
150
150
150
150
*145
150
107%
7%
7%
7%
7%
*145
150
*145
150
IVa
3,200
16%
*16
16%
16%
16%
16%
16%
16%
Highest
Lowest
Highest
$ per share
Par
"
■
30
105%
16 Va
Shares
share
$
$ per share
Year 1943
Range since January 1
Lowest
EXCHANGE
the Week
June 9
June 8
NEW YORK STOCK
Sales for
Friday
Thursday
Wednesday
June (i
share
per
SALE PRICES
Tuesday
Monday
12
' May 25
s
927a Sep
K
*18
;
18%
10%
*35
36%
35
*16
16%
*2274
16%
-
16%
16%
16%
*20%
20%
*34 7a
36%
197a
*18%
22%
22%
22%
16%
16%,
16%
*112
9%
115
30%
29%
9%
5%
34
*33
34
800
16%
16%
*15%
1674
200
105%
*18%
1974
18%
.
105%
18%
*18 7a
22%
16%
*112
22%
16%
16%
*112
115
22%
167/a
115
29%
30%
30
197a
600
;
307a
*20 7a'
20%
*20%
20%
*2072
20%
*34 7a
367a
*34%
36%
*34%
367a
5%
5%
5%
5%
5%
5%
*22
7a
16%
*112
29%
20%
*34
23
800
17
6,800
26,700
29%
207a
■
300
1,500
57a
870
687a
67%
68
67
6774
66 7a
6774
65%
67
65%
.657a
24%
247a
24%
24%
24%
24%
24%
24%
24%
25
257a
2,900
8%
8%
300
*8 7a
32 7a
32%
31%
32
31%
31%
31%
32
33%
33%
34
34
34
34
34
34
9%
9%
9%
9%
9%
9%
85%
86%
86 74
90%
87%
9074
8%
*8
>
,
8%
8%
*31%
31%
317a
31%
2,300
347a
347a
3474
3474
900
9%
*9%
10
*9%
10
1,290
88%
89 V4
8974
88
88
1,760
287/b
1,000
*8
8%
*8
19
124
5%
conv
&
19
5
105% May 18
Jan
4
20
Mar
6
111
—5
17
pfd. .100
conv
110
.1.1
20
Kelsey Hayes Wh'l conv cl A
Class
Jan
.i_. .100
Co
,
par
29% Jun
No par
19 74, Jan
7
4
Lno
:___
Keystone Steel & Wire Co
-No
Corp—
■
par
Kresge IS S)
Stoi*es_
—No
..10
Co__,
Kresge Dept
par
(S- H)
Kress
.;_i
;___
—No par*
& Co_.
Kroger Grocery & Bak
No
par
Jan
17
Sep
115
Dec
Feb
14%
Jan
87/a
9
8
102
,
247a May
16% May
Jan
113
j£,n
32% Mar 17
•28%
207a Mar
8
,157a
Jan
25
Apr
2074 July
34
Jan
36% May
3
17
5% Jun
2
1%
Jan
54% Jan
28
7072 Jun
2
34%
Jan
25 78 Jun
1
July
6% July
587a July
Jan
2474
Sep
7
2%
Jan
10%
Apr
3
237a
Jan
3274
Sep
247/a' Feb
32%
Nov
18%
9
Feb
11
„6% Jan
25
972 Mar
27% Jan
4
32% Jun
■3iy2 Jan
4
35% Mar 17
22
Apr,
35%
Jan
Feb
317a Mar
3
Kinney (G R) Co_.
$5 prior preferred-
Sep
Nov
103%
Jun
Apr
17
104
5
May
Apr
Jan
5
17
.
29%
Sep
Aug
Jan
May
.115
9
10%
11%
r
May 29
1
1
19%
127
Dec
77a
22% Jun
26
May 18
111.
No par
19
i
Jan
83
17
16% Apr
Jan 25
137a Jan
--1
B
Ken necott' Copper
"4
1374 Feb
574
1472 Mar 28
39% Mar 11
102
preferred-
(Julius)
Kayser
-3
-.19% Jan
.1.1
Dept Stores
25
6% Jan
J
*5 7b
68
8%
4%
Kaufmann
Kimberly-Clark
36
1672 Apr -27
1217a Apr 25
..10
No par.
B
ser
City Southern
-No par
non-cum preferred...—. .100
Kendall Co $6 pt pfd A__^
115
24%
*8
L nf
Kansas
Keith-Albee-Qrpheum
*111
*1.11
22%
10
*1057/a
20%
5%
9%.
34
16%
37
20%
*35
Kan City P &
1217a
34
34
*15%
*111
*111
3074
30
5%
19%
"9%
9%
17%
*
*1217a
*105%
*105%
115
*112
30%
5%
35
16%
"
227a
23
115
30%
'
19%
*111
A.
"
*112
35
*105%
19%
*19
*111
~9%
35
16%
*■
v
n>;a
*17
i7%
*1217a
9%
10%
*16
17
17%
*1217a
9%
*10
*105%
17%
18
18
*1217a
*1217a
i:
2974
29%
28%
2974
287a
29
9%
87
•
*2874
28%
29
•
23%
23
4274
42%
42%
9%
9%
2574
118
*5%
9
%
*1%
23%
31 Va
-3172
17a
23 74"
178%
78
*771/3
79%
*178%
180
28%
28%
39 Va
39 %
For
*28
footnotes
see
Jun
42% Jun
6
2672
Jan
par
No
23%
*42
42%
400
—5
38
Apr
24
9%
7,000
Lehigh Coal & Navigation
Co—10
8
Jan
3
2672
4,400
Lehigh
Portland Cement..
preferred
25
21
Apr
100
113
5%
9%
26
26
26
120
2574
*118
*118
120
5%
5%
57a
5%
974
2674
26
118%
57a
5%
1%
1%
17a
1%
1%
1%
22%
23%
22%
25%
22%
31%
31%
31%
20
20%
20%
20%
*40
4072
40
40
49
5074
49%
49%
7%
77a
774
317a
40%
50
7
774
43
*41%
*7772
79
*78
79 %
80
41
42%
79
79%
180
*178 %
*28
38%
39%
page
-
2431.
180
28%
3974
79%
*179
*28
38%
43
79%
80
180
9%
118 %
2372
29
397a
-19%
*22%
50
80
Jan
42 Va;
49%
78
11%
23
31%
40%
5
*42
20
*79V4
23% May
*22
19%
41
19'.
23
3174
40 74
Jun
17% Jan
42%
*39%
Vb
Oct
29%
*42
40
7
73
Jan
*22
20
7%
Jan
-17%
9%
40
77a
972
May 31
6
29% Jan
42%
20
49%
17
104
-17
t
2374
25
1%
23%
Bryant—
13
14
Apr
26
9 7a
974
1%
23
9'4
26%
*118
5V4
120
5%
50
4,600
1 %
172
2,300
22%
22%
3,700
Lee
;
Rubber & Tire—
47o
-
Valley Coal:
preferred
Lehigh
6%
cony-
31%
31%
31%
3172
3,600
20%
207a
20
2074
1,700
2672 Jun
7
11872 Jun
3
par
174 Jan
29
1% Apr
10
15% Feb
4
25 74 Apr
10
4
32% Mar 20
_50
—
Lehr. & Fink Prod Corp
*39%
40 V4
39%
39%
300
49
74
4972
7 %
774
*4172
*78
80 7a
180
43
49%
7
42
49%
4,500
77a
10,800
42%
79 %
1,400
180
140
28%
29
3872
*28 Va
38 %
29
38 74
No
400
1,800
5
3674 Feb
14
par
42
Jan
3
6% Apr
39
& Myers Tobacco. I——25
24
8
Jan
68% Jan
.
3
25
67V2 Jan
13
100
17472 Jan
8
—No
par
26% Feb
3
No
par
36
Series B
Preferred
-
par
Llbby McNeill & Libby
Liggett
81
180
38%
Libbey Owens Ford Glass.
200
*78
*80
38 V 2
1874 Jan
...No
Corp..
Life Savers Corp
79%
28%
Stores
500
80%
180
Lerner
Corp
——
—
Lily Tulip Cup Corp
Lima Locomotive Wks__—
874
20
9
26
Jan
29% Jan
No
35
10% May 29
474 Jan
(The)
Lehman
Jan
50
conv
Lehigh Valley RR—
16% May
3
Jan
974 Jun
62
par
No
;
42%
120
5%
^Lane
__1U0
(The)
*2274
25
5%
100
100
Co—
preferred
9%
*118
25%
120
*28V4
5%
Lambert Co
42%
23
*22%
28%
Gas Lt
Laclede
Apr
25
8
July
Jan
20%
24
Jan
32
7
Mar 18
2%
'
Jun
Jun
July
14%
Jan
22%
Jun
237/a
Jan
38%
Dec
2
31
Jan
437a
Apr
8
5
Jan
8%
Mar
1,
30
Jan
41
July
f 62
Dec
71
July
Jun
1
8
43 7a
120
1172
18074 Apr 13
29
Jan
8 74 May
80 34 Jun
78
Dec
July
272
207a Jun
8
Oct
9
29
Jan
50% Jun
43%
39%
Dec
Jan
Jan
7% Mar 21
41
1077a
1
Jan
Jun
TV/To
!•
8
1C
.
6274
NOV
737a
Dec
Jun
Jun
Dec
1827a Aug
227/a
Jan
28% May
24
Jan
44
171
May
$0"
Volume
159
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4289
2427
NEW YORK STOCK RECORD
LOW
Saturday
June 3
June 5
$ per
21%
24%
$ per
$ per share
$ per
*38%
38 3/4
Link
21%
*20%
21%
*20%
21%
20%
20%
800
Lion Oil Refining Co
24%
24%
24%
24%
25%
25
25%
3,600
Liquid Carbonic Corp——.No par
9,400
3,700
Lockheed Aircraft Corp—..i
Loew's Inc
I
3,400
Lone Star
15%
15%
14%
15
62 3A
633A
62 3/a
47%
47%
47%
48 3/4
10%
10 3/8
48%
10%
47
10%
10%
10 Va
*29 %
30%
30
30
30
30
18%
183/4
183/8
161%
18%
18%
.
48
15%
14%
15. %
63%
63
63
47
47%
47
47
•
10'A
10%
10%
*10%
10%
29
29%
*29
29 3A
18%
18%
xl8%
*159%
160
X160
,
.
■
30
10
*29%
18 3/4
14%
63
48
•63%
161
161
161
*159
15
633/8
14 5A
63%
39
39%
39
39%
15%
18%
18%
22%
22%
22%
22%
22%
22%
22%
22%
18%
88%
88%.
89%
89%
90%
88%
90
88%
88%
27
27
27%
*26%.
27
27
27
27%
27%
>
700
2,800
.
50
22%
*22%
22%
88 %
2,800
'>
.
161
160%
161
*22%
500
,
1,800
87
87
Belt
Co
Cement Corp
Lorillard
7%
41%
42
41%
42%
36%
37
36%
37%
1051/4
104
105%
*105 V4
106
*15%
16
15%
15%
*15%
15%
151/4
15 >/4
CP)
37
36%
37%
15%
15%
*15
*355
*355
391
*15%
16%
15%
*355
*355
391
500
:
15
14%
10
Forbes
&
Macy (R H) Co Inc.,
4% % pfd series A
200
1.800
391
preferred
„
8 7/8
8%
8%
8%
8%
8%
Manati
Sugar Co..
12%
*121/4
12%
12%
12%
*12
12%
*ll3/4
123/a
12'
200
Mandel
Bros
20 J/a
20%
20%
20%
20 %
20%
*20%
20%
*20%
203/4
20 %
,20%
900
Manhattan Shirt
2%
*2%
2%
2%
2%
2%
2%
2%
2%
800
Maracaibo Oil Exploration
7%
'9,300
Marine
Midland
20%
5,300
Market
St
8%
8%
10,700
8%
8%
'
2%
2%
*2%
7%
7
7%
7
7
7
7%
19%
6%
19%
7
.
20
19%
19%
:4
12
A
7
7
19%
19%
15%
15%
15%
15%
15
15%
15%
15%
15 3/8
15%
15
%
15%
3,300
18%
18
18%
17%
17%
17%
17%
17%
18
17%
18 Va
7,900
Martin
Martin-Parry Corp
55
54%
55%
5%
6%
*34%
35%
6
6
35%
35%
35%
55%
56
6
6
6
34%
34%
*343/4
*108%
26 3/4
*253/4
26%
20
20%
175
*1703/4
900
200
600
McCall
23%
23%
23%
233/4
18%
18 3%
18
18
*112
114
114
*112
114
No par
No par
No par
_*
1
100
Corp
2,500
McCrory. Stores-Corp
5% conv preferred ww
1,300
McGraw Elec Co
30%
*30
18
18
18
17 %
18
*17%
18
*17%
*50 »/2
51%
50
50%
50
52
50%
50%
51
51
..51%
51%
2,500
Mclntyre, Porcupine Mines
*24
24%
23%
24
23%
24
23%
23%
23%
233/4
23 Va
23%
4,900
McKesson & Robbins Inc
99 %
*99 Va
99%
99
*98%
99%
300
11%
11%
11%
11%
99%
11%
30%
30%
30%
29 7/a
99%
99%
*99%
99%
11%
11%
11%
11%
*113%
1151/4
*113%
115%
9%
91/4
9%
•
*9%
9
11
10%
47
29
*27
29
29
-
28%
114
114
*9%"
9%
800
11%
30
9%
1,400
93
81%
"lO
34%
34 Va
1,700
10%
103/a
10 Va
10%
9,700
Mengel Co
46
47
46 %
28
*27%
46%
46%
46%
28
28
29
28%
28%
"*27%
283/a
28%
28%
310
463/4
28%
100
283/4
2,100
6%
1
-1,400
conv
&
Mesta
Machine Co
*6%
6%
6%
6%
6%
V4
6%
6%
6%
6%
6%
26%
26%
26%
25%
26%
25%
26%
25%
25%
253/4
26
3,900
Mid-Continent
32%
33 %
33
33
33%
33 %
33%
33%
33%
34
2,200
Midland
128%
128%
128%
128%
128%
128%
33 3a
33%
*128%
39%
41
40%
*110%
*110%
108%
108%
*108
7%
104%
*100
21%
21
*21%
39%
108%
,
112
*110%
*107%
108%
*l073/4'- 108%
6%
7%
*6%
102%
102%
21 Vt
20%
21
12%
133A
12 Va
.2%
34%
34%
34%
11%
"123/a
*34%
*34%
34%
*20%
21%
21%
21%
21
21
2%
21
*77 Va
78%
*77%
78%
78%
78%"
78
*112 Va
114
*112%
114
*112%
*115 3/8
116
*115%
116
115%
*20%
21
*112%
115
*107%
*115%
117
110
108%
46%
x453/a
46%
37%
*37%
38%
38%
28%
28%
27%
28 Va
26%
27%
26%
27%
18%
19%
19
19%
20
19%
20%
20%
20 %
28%
28%
28%
28%
28%
"28%
6 Via
6 3/8
21%
21%
*21%
72%
72%
72%
116
*114%
*47%.
49
9%
11
6 3/8
20%
-1
July
28
Jan
37'A
19%
Jan
303/4 July
38% May 27
105% May 27
10
84
213/4
300
*73 y4
74
500
*114%
115
140
*73
74%
115
115%
10 3/4
10%
10%
*47%
50
50
*83
*21%
74
*48
12,200
83%
11%
113/4
11
.
50
*47%
.43,900
100
50
Jan
17
Jan
5
15
Nov
370
Feb
15
315
Nov
9
Jun
2
3%
Jan
Jun
15%
Dec
243A Mar
320
Mar
8%
Jun
Mar 24
6V4
Jan
12
Set)
20% May 31
14%
Jan
193/4
Apr
33/8 Mar 17
IV2
Jan
13
43/a July
'
7% May
3Vo
5
Jan
6 3A July
9
Jan
15% May 31
9%
Jan
Xl7
July
203/a Mar 27
I43/4
Dec
24
May
3%
21
May 17
18 %
Apr
7%
Jun
July
July
19%
Nov
Mar 6
Mar 10
Mar 7
Jan
5,
Jan 13
Feb 23
27
Feb 29
Apr
,
1
Jan
Jan
Jan
7'A Jun
22 % Jan
1
27
27
27% Mar
24
165
Jan
176
Mar 20
175
37
Jan
60
'Jan
58
6 Va Mar 16
35% Apr
110
11
Jan
21%
Feb
36
Oct
Jan
110
Sep
100
3
Jan
Aug
Sep
7% May
2%
24% Mar 27
12%
Jan
18 % Jun
6
11 %
Jan
112% Apr
13
30%, Jun
6
104
Jan
19%
Jan
22% Aug
173/4 Sep
113%
Oct
29
Apr 28
18
May 26
8%
Jan
Sep
16% May
52
Mar 20
70
Jan
25
38'A
Jan
50%
Apr
24% May 31
14 Va
Jan
253/a
Jun
6%
Jan
11%
Sep
100
9
Mar
11% May 29
Jun
9
101
Feb
10% Feb
28
6
Jan
91
27
114
115% Aug
10 3/4 Apr
67%
Jan
89
Feb
May
3
60
Jan
78%
Sep
34% Mar
9
27
Feb
343,4 July
Jan
12% July
Apr
83
.
4%
11% May 31
48% May 18
25
Jan
1
31% Mar 25
23%
Sep
323/4 Mar
3
31
26
Jan
34 Va
Apr
Apr
par
100
preferred series A
Carpet Mills
13
4
4
53/4
Jan
93/a
27% Jan
4
18%
Jan
30%
34
9
20 Va
Jau
31%
129% May 26
106%
Jan
128
7% Mar 18
Jun
July
Sep
Jun
July
583A May 29
41% Jun
1
1093A May 17
107
Feb
110
Apr
112
107
Nov
113%
Feb
108% Jun
6% Jan 19
93% Jan 13
17% Feb
5
2% Jan
3
8'/a Jan 3
29
Jan
3
20% May 18
100
20
„
4
42
107a/4May22
No par
Mo-Kan-Texas RR
25
Mar
26
13
108Va May 3
1
No par
—10
;
Corp
,
6
Apr
24% Feb
27 Va Jan
116% Jan
46
Apr
36 % Apr
105
Mar
10
Tool——_—No par
Mar 17
5
3
8% Mar 22
Jan
8%
Jun
105% Mar 22
64%
Jan
98
July
22% May 27
33A Mar 22
13 s/8
Jan
25
July
Jan
3% Mar
3%
Jan
17%
Jan
11% Apr
303A Nov
%
15% Mar 21
35
May 18
21%. May 12
Dec"
75%
92%
Jun
10
743/4 Apr 25
81
Jan
18
$4.50 preferred ser A..No par
Preferred series B
No par
111% May 22
117
Jan
24
113
Dec
119
Mar
115
117% Jan
14
116% Dec
106%. Nov
121
Apr
Chemical
Monsanto
Co.
-
$4 preferred series
Montgomery Ward
Morrell
35% Jan
21% Jan
15 % Jan
163A Jan
26 Va Apr
4% Jan
72
Jan
20% Apr
70
May
112% Apr
S% Jan
43% Jan
50
Motor
Essex:
&
Wheel
Mueller
—No par
—_———5
Corp
Brass
Co
_1
—
Jan 27
107% Jan 5
41% Apr 26
-No par
No par
r-No par
C
& Co
(John) & Co
Motor Products Corp—
U400
29
May
138% Nov
133
1
Jan
Impl__
Morris
4,800
•,
63/4
Jan
26
Mar
1st preferred
Mach
27% Feb
Apr
43% Jun
32'
'. 31 Va
5
6,950
29
July
27
Petroleum
3,700
,
21%
*21%
115%
20%
28%
;
] 6% '■
22
115%
49
49
83
83%
74
75
116
49
6%
*20
20%
28%
*21%
21 %
*72%
*114%
72%
'
*47%
.
20
*83
83
213/4
21%
116
IO3/8
10
10%
IOV4
6%
Va
200
19%
19%
6
11,600
38 %
27%
18%
83
50
111
44%'' 453/a
*37%
79
25
preferred
Monarch
290
19
283/a
6 3/8
Jan
59% Jan
:—5
Mohawk
1,600
263A
28%
83%
15%
7
..No par
:
Minn Moline Power
1%
22% Mar
163% July
22% July
43 %
9
3
4
3
3
100
100
preferred series D__——100
400
-
80
18%
.19%
6%
12,100
21
27
193/4
83 Va
2,900
,
Jan
Jan
8
82
Minn-Honeywell Regulator
4% conv pfd series B
4%% preferred series C
Mission
Oct
Jan
9
Minneapolis & St Louis Ry—No par
$6.50
Jun
4
4
4
Steel Products_____No
cum
4%
Oct
21%
16 J/4
148%
18% Mar 17
Jan
8Va Jan
37
Jan
Copper
600
18%
*28 Ve
*
2%
12%
."35
26%
'
19
6%
2,000
116
*108%
108%
46
37%
*37%
83%
203%
*115% 118
'.
47%
38%
*114%
118
38%
38 %
6%
80
*113
46 Va
*107%- 110
"837%
'
*20%
79%
116
46%
19
200
"
*115%
115%
*113
1083/4
'
*83 V8
21%
4,300
8%
31
'
78
78%
115
46%
46%
*18 3A
11%
*34%
35
108 Va
109
2%
23/4
12%
34%
2%
13
34%
50
'
*20%
203/4
11%
2%
13%
'
"203/4
21
'•
108 %
,7/^:7%
102 V2
*99
102%
*34%
2 3/4
2%
2%
*100
900
4,400
*107%
6 3/4
7%
103 Vt
55 %
383/4
'*110V4 112
112
*110%
2%
46 Va
55
108 %
103'A
80
38%
112
7%
128%
*109%
*107%
133/8
109
39
*109%
*110%
112
21
2%
55
38 3/4
55
*109%
*109%
104%
7%
7
*103
39%
*128
55
54%
39 Va
55
39%
41
*109%
*109%
128%
55
57
*56
57'A
*56V4
128%
11% May
Jan
22
Feb
'
129
513/4
Nov
31% May
112% Feb
100
—No par
Min Trans Co
Merch
Miami
Jan
6Va
18 Va
28% Jan
18
preferred series A
26%
6
37%
16% Mar 30
Apr
.$5.50 pfd ser B w
5%
6
Mar 21
51% May 17
10
Melville Shoe Corp
28%
28%
64 % July
5
—1
No par
w—...No par
1
(The)—
...1
1st preferred
50
*91
*80
10%
46 %
preferred
conv
34%
10%
25% Mar
Jan
4
97
*
Mead Corp
$6
Nov
42'A
162 Va May
24
21% May
18
Co
Stores
81%
10%
*28
6%
12%
5
3
No par
93
10%
28%
McLellan
Apr
14
47
<
;_.5
preferred
*34
*
29
$4
Jun
24
12
12
Jun
9
Jan 21
27.
—1
...No par
McGraw-Hill Pub Co
*80
34%
47
47
*27
11%
115
100
18
*90
*80
34%
11
33%
10%
303/4
»■,
81%
*91
81
34%
93
*81
*30
,
34%
93
81
*91
82
33%
9%
30%
„——
93
*91
34%
93
*81
33%
*114
9%
9%
9%
-
115%
*114
*113%' 115%
82
*91
*46
*
18
99%
*lli/2
30%
30%
30%
*17%
.
6
Jan
170
52%
4%
32%
106 %
19%
16
1093/8
100
10
*171,4
.
3
Jun.
193/4 May 2
Mar .,2
Feb
4
par
preferred
6%
18%
July
25% May
1
May Department Stores
353/4
23%
43
4% Jan
37 % Apr
par
Wks—J.—No
Alkali
Mathieson
5%
*18
Jan
13% Apr 27
16% Jan
3
par
,—
1,500
;
*108%
*23%
*112
a
Maytag Co
$3 preferred
$6 1st cum preferred
18%
114
Co
343/4
6%
353/4
*108%
No
i_.No
.
Corp.'
Elec
27
2% Jan 19
6% Jan
3
12% Jan
5
1*
Co
4,500
23%
*112
Masonite
7%
563/4
18%
<
(Glenn L)
Master
21%
Jan
48% Jun
Feb 14
183/4 Feb 24
-No par
Field & Co
2,500
20%
175
563/8
56%
2,300
: 5.000
23%
114
*112
114
20
*170 3/4
46
18
17 %
18
17%
*112
*26
20%
6%
47%
6%
63/4
46%
23%
*23%
25%
6%
45%
,
175
55%
*108%
*108%
*110
*23 %
26%
20
*170%
*170%
6%
61/a
26%
20%
175
175
*53%
54%
*34
6%
46%
*170%
175
54%
6%
45%
26%
26%
20%
20%
X20%
20%
20%
26%
*25%
26%
*251/2
*172%
*
7
46
47%
45%
47
6%
7
7
7
46%,
213/4 July
Jan
139
21
1
5
100
prior pfd
Marshall
7
27%
.104
14J
14%
315
6%
10%
par
Corp.—*
Ry 6%
19%
18
Jan
15%
90% Mar 17
25
20%
46%
Feb
34 Va Jan
——...1
No
*20%
20
12 Va
18% Feb
6
135
—No per
100
Madison Square Garden...
No par
Magma Copper
10
Mahoning Coal RR Co
1
50
8%
9
34 %
63% Jun
3
25% Apr.
100
i
w
*12%
'
par
21
M
MacAndrews
18,820
-
16
16
•
15
15
391
I
JVo
69 % Jan
S per share
22% May 17
17% Apr 29
100
Jan
per share
31% Mar 16
151
Jan
5
20% Jan 12
-
Louisville •& Nashville.
40
Highest
'
253/8 May 31
3
10
a
Mack Trucks Inc
105 Va
*103%
Jan
.100
a
-2,400
36%
36
36%
105%
16
16
15%
x35%
*103%
105%
*103%
104
28
Louisville Gas & El A.——No par
6%
413/4
41%
41%
Co.—
preferred.
41%
*137
*137
41%
41%
42%
15%
>
391
*355
391
*355
*137
*137
*137
*137
No par
No par
25
:
600
par
Biscuit
27 %
*27
1
No
Lowest
$ per share
37
Jan
6
18 Va Feb
4
19% Jan 13
14% Jun
7
58
May 1
403i Feb 24
8% Jan
3
No par
Long Bell Lumber A
Loose-Wiles
,
37%
No par
400
20%
24%
*39
Year 1943
Highest
S per share
Par
21
63
42
Lowest
24%
39%
15%
*26%
Range for Previous
Range since January 1
STOCK
YORK
EXCHANGE
Shares
share
39
NEW
20%.
'
,
24%
63
159
the Week
share
$ per
share
Sales
June 9
June 8
June 7
for
Friday
Thursday
Wednesday
June 6
share
STOCKS
PRICES
24%
*39
39 3/a
39%
*21
SALE
Tuesday
Monday
$ per share
HIGH
AND
B——.——1
No par
———No par
Murphy Co (G C)
:
—No par
43A% preferred
100
Murray Corp of America
10
Myers (F E) & Bro
No par
Mullina Mfg Co class
$7 preferred
Munsingwear Inc
111% Apr 26
47% Mar 15
114 Va Aug
50
33%
Jan
11
4
39% Apr
5
29% May 31
31%
Jan
39%
Oct
13
Jan
273/8
Jun
3
7
19
4
3
29
24
11
3
5
19% May 31
9 Va
Jan
17
Jun
July
11%
Jan
18%
Jan
18
21%
Jan
31
6% Jun
6
23A
Jan
7
Jun
20% Mar 22
29
Apr
Mar
9
53
Jan
77
Jun
23% Mar 27
15
Jan
23 Va
Jun
843/4 May
62
Apr
111
July
76% Mar 22
79%
117
Sep
Aug
116 3A Feb
24
11% Jun
9
5%
Jan
113A July
49
Jun.
6
34 Va
Jan
44
% Jan
10
14% Jun
6
6%
Jan
15 Va
Jun
Mar 22
23 %
Jan
403A
Apr
13
Dec
193/a
Apr
Feb
N
*
13%
%
%
13%
14%
t-
v8
36
35%
17%
18
17%
35%"'(<
17%^''!
9%
10%*''
9%
'
3/4
C
Nabco
3/4-
Xl43/a
143/4
84,900
*333/4
34%
270
14%
14%
36
9%
*%
3/4
'
%.
14%
14%
14%
35%
35 %
333/i
35
17%
173/4
17%
17%
17%
18
9%
10 Va
10
10%
10
10%
.
Nash-Kelvinator
Nashville
Corp
Chatt
&
Co
National
5,200
Nat Automotive Fibres Inc
6%
Acme
10
5
—.10
preferred
*11%
11 %
10%
10%
10%
11
10%
11%
11%
%1%
21%
21%
21%
21
21%
X203/4
171%
171%
%
19 %
*19%
19%
*19%
19%
19%
193/4
14%
15%
14%
15 %
14%
15%
15
15
15
29%
29%
29%
29 %
29%
29%
*29
29%
29
29
2,300
Nat
17
17%
16%
17
16%
16%
16%
16%
16%
2,400
National Container—.—;
National Cylinder Gas Co—
11% '.
11%
11%
:
11%
11%
11%
11%
1,200
■
19
conv
Aviation
Coip_,
2,100
National
6,300
11
20%
National Biscuit Co—
"
173
*170
11
20%
21
*171
*171%
172 '/a
172 %
173
*19%
400
172%
600
20
4,600
15%
'
16%
11%
12 '•
21%
22
16%
16%
17
11%
12 %
11%
12
12
12
21%
21%
21%
21%
21%
22
.
12
12
3,400
213/4
22
14,000
7%
Nat
100
preferred
Bond
&
Share Corp
No par
10
National Can Corp
Cash
No par
Register
16%
16%-
16%
16%
*11%
12'/a
*11%
12%
*11%
12%
*11 %
36%
35 %
35%
35%
36%
36 3/4
8,500
12%
35%
37%
16%
16%
*11%
12%
36%
37%
30'
30
31
*30
*29%
*29%
31
31
*293/4
100
31
11
11%
10%
11%
11%
11%
11
11%
94%
•
94%
94%
95%
95%.
95%
95%
95 %
96
96%
21%
22%
21%
22%
22%
22%
22%
22%
22
223%
11,800
172%
171%
*171
172 "•
230
171
*147
19%,
*31%
6
58%
171%
19
31%
6%
5%
59
86%
86%
89%
8%
16
26%
*99
101 %
60%
6%
*171
*147
19%
*31
5%.
*148%
150
*18 3A
19%
172
150
31
6
6
*148%
*19
19%
31
31%
11% '11%
6
59%
'l; *30
5%
59%
760
For
preferred A
;
Steel Corp
4,000
14
14%
13%
'•14%'
13%
14/
7,600
National Supply
28%
28%
28%
28%
28%
2,100
86
86
*85
86
89%
89%
*88
89
8
8Va
.
1
15%
*24%
tl
16%
26
101%
*99
60%
8
k%
593/a
8
16
26
101%
61
61
*109
60%
*88
8
n
9%
9%
15%
*24%
*100 '
85%
,
115
85%
>.85%
85%
*88
■
: 883/4
883/4
8
8
■
■9%
9%
120
9%
*15JA'
*25
*100
101%
101
*60%
15%
-
^
*109
63
*61
115
*109
28%
29
28%
28%
28%
*28
18%
19%
18%
19%
18%
18%
Xi8%
13%
13%
13%
13%
13 %
13%
*101%
102 >/4
*28
13
28%
Natomas
No par
Nehi Corp
30
62%
300
*28
115
283/4
183/4
18%
.1,300
—No par
—1
4%% conv serial preferred—100
Newberry Co (J J)—
—No par
5% preferred series A
100
Newmont Mining Corp
—10
3,600
13
Newport Industries
3,400
18%
13
Co
Nelsner Bros Inc
101
13
Newport News Ship & Dry
"
*102
38
102%
38
footnotes see page 2431.
—
7
101%
*37
102
38
*37
37%
*101%
37
101%
37
101%
36%
102
36%
100
1,800
.
700
400
$5 conv preferred
New York Air Brake
,
25
^10
40
10
No par
26%
15%
Pa_-
National Tea Co
: 7,800
153/4
26%
.
;—
conv
3,600
8%
*25
320
.»
(The)
preferred
f—
5% % prior conv preferred
6% prior preferred
$2
—1
Dock—1
—.:
.
.
11% Feb
11% July
Feb
12 Vs July
8 Vs
Jan
153/4
17
Jan
8%
Jan
23
Jan
176
13% July
July
22
Jan
18
175
Apr
21
20
Feb
3
16 3A
Nov
21%
18
29% May 23
5%
Jan
10 Va
Sep
18%
Jan
29%
Dec
17% Jun
5
103A
Nov
13% Aug
13
Apr
8
22
Jun
162
17% Apr
Sep
Jun
9%
Jan
143/4 May
Jan
6%
Jan
21% July
15% Sep
12
Dec
37% May 24
x25%
Jan
36
Dec
17%
Jan
29'A
Sep
Jan
11%
Jun
90%
Nov
20 Va
Deo
•
3
Jan 25
5
11
7
Feb 25
Jan 18
11% Apr
28 % Apr
No par
National Power & Lt—1
5%
Mar 21
14%
164
141
No par
4
400
"10,300
May 31
10% Mar 22
12
Feb
7
9 - Feb
87 % Jan
19
Jan
—.100
100
—;
& Si'l Cast Co
28%
59
59
1
No par
10
,
preferred B__
28%
59',
?.
18
13A
17 Va May 31
12
Mar 15
26
National Oil Products Co__i—
14%
59%
14
38%
1%
13%
19%
102
preferred.
Nat Mall
'V,
29
conv
28%
;
*109
*109
$4.50
National Lead Co
% Nov
30% Feb
■
No par
800
1
316
StamDing
37
13% Jan 29
11% Jan
5
,
No par
National Gypsum Co
6%
150
19%
;
23,600
:
Nat Enam &
National
9%
*15%
*25
32
58%
•
14%
60%
150
;
32%
29
9%
•:
19
19%
14
8%
.
172%
*147
150
28%
89%
*171
•
—10
preferred
Nat Distillers Products
17
xll% Feb 11
19% Jan 3
...
^.No par_
National Dept Stores
6%
25,500
12 % Jan
1
1
Products———No par
Nat Dairy
'
16%
28
1
21%
til
11% Apr 24
Jan
5
13% Jan
3
9
Jan
8
10% Jan 31
9% Jan
4
20 3A May 18
165
Mar 1
18
Feb 17
8 % J an
3
26
Apr 18
100
1
Louis
St.
4,700
>
Mar 30
No par
5
Liquidating Co
,
5%
57%
11%
25%
79'A
19
5
7
5
4
8
Feb
Feb
Feb
Feb
Feb
4
6
83% Jan
5% Jan
9
Mar
13% Jan
;
3
4
3
4
96 % Jan .12
56
Jan 4
105
Mar 17
273/4 Mar 31
22
Jan
16%'Apr 24
Jun 8
Jan
5
No par
13
97
No par
35 Va Apr 25
31
May
11% Jun
96% Jun
9 % Mar
9
6
6
70%
Jan
14
Jan
160
Jan
178% July
Jan
150
Jun
143/a
Jan
22
May
27
Nov
36
9
22% Mar 27
174
10
1473/4 May
2
137
21% Mar
8
6
32
7
62
Apr
Jun
2%
Mar 13
Apr
52
12
Jan
Jan
7%
Jan
Jun
64% July
15 s/8 May
53/4
Jan
14 %
Jan
28%
Jun
87
Mar 23
57
Jan
80 %
Jun
92
Mar
9
62
Jan
88
Jun
8% May
4
14
15 Va Mar 16
30% Mar 16
10 Va Jan
17% Mar 16
27 % Mar 22
101
Jun
V
2 3%
Jan
6
Jan
10%
9%
Jan
19% July
Jan
25%
Oct
Nov
16
9
743/a
Jan
98%
37
Jan
573/4
61
Apr
3
110
Jan
22
30 3/8 Jan
8
26%
Jan
20% May 19
10 Va
Jan
106 3A Mar
12
Deo
102% May 19
943/a
Nov
Mar 13
27 Va
Jan
J5% Feb
40
7% May
2
114
37%
19%
Apr
Sep
Aug
Apr
Oct
21% Mar
102
44 %
May
May
LOW AND HIGH
$ per
$ ver share
t per share
17%
17%
17
17%
16%
17%
16%
24%
23%
23%
23%
23%
24
24
72%
75%
71%
73%
71%
72
72
72%
25%
25%
25%
*25
25%
*25
25%
18%
*15%
18%
*16
18%
*15
18%
*15%
18%
41
*38
40%
*37
41%
*37%
41%
18%
17%
17%
25%
24%
25
73 %
73%
72%
73%
26
26
25%
*15%
*16 >4
18%
*39
*39
41
39
*181
189
180
41%
*180
189
73
*72%
'32
15%
*37%
38%
*37%
38%
*38
38%
199
199%
198%
198%
197
197%
*117
118
55
55
54
7%
55
*54%
%
*
114%
114%
*114
114%
19%
19
*43
43%
X53
7%
*102
5%
15%
16%
15%
114
114%
114%
19%
20%
19%
*43
44
*43
5%
5%
8
5%
5%
Jan
54
Dec
*N Y Ontario & Western
,—100
10
^
Jan
1% Mar
N
19a/a Mar 11
12%
Nov
263/8 May
23
Jan
16,200
7%
11,000
35,200
15%
*44V8
45 %
*12%
13%
45
13%
18%
18%
18%
18%
17%
18%"
18%
18%
53
53%
52
52%
51%
preferred series
5%% preferred series
30
V":
5%
1,000
;
:
13%
;400
17%
14.200
*13
3
38% Mar 13
199% Feb
38
July
162%
2
Jan
192% July
113
17
Feb
122
Jan
122
Nov
10
10
18 3% Mar 15
934
Jan
18% July
52
Jan
26
55% Jun
7
49%
Jan
56%
Jun
51% Jan
27
Jan
56
Jun
7% Jun
9
533/4 May 26
93/a Feb 24
48%
1
,
153/4 Jan
50
50
Nov
14 %
Apr
:
8
13
91%
Jan
101
3
17% Mar 21
7%
Jan
Jan
31
17% Jan
15
U53/4 Apr 24
24% Mar 16
18% May
116 % July
50
37% Feb
1
Telegraph,
Xl3% Jan
Norwich Pharmacal Co
102
4
112
No par
4% Jan
50
40% Jan
107
15 Va
Jan
23% July
Jan
Jan
41% Aug
6
July
31
Jan
45
Apr
Jan
14'A
Oct
28
Jan
27
8%
16
Dec
x3%
45 >% Feb
8
Jan
36
8
53/4 Mar 13
12
12% May
2.50
„
Apr
43% Jun
3
———*
—
Jan
100
50
Co.—
Norwalk Tire & Rubber
Preferred
4
—_„—_No par
Northwest- Airlines
30
45%'
45%-
'
333/4 Jan
183% Jan
Northern Pacific Ry—
,100
Northern States Pow $5 pfd-No par
Northwestern
3
116% May 24
100
American Aviation
North
14 % Jan
.100
Ry
Northern Central Ry
5%
13%
Western
&
3/4 Jan
% May 12
—1
5
6%
300
53
5%
45
Y
Adjust 4% non-cum pfd—
North American Co
900
5%
13%
& West Ry
Norfolk
2.600
45%
Y Lack
Co
100
20
13
N
& Harlem RR
520
"...
43%
*44
N Y
SMpbldg Corp part stk
Noblitt-Sparks Industries
114
13%
to
28 Va
19%
13%
45
May 25
43%
13%
*44%
Dec
76
19%
45
Dec
3
43%
*13%
Dec
32%
Jan
19%
*44%
•
13
Jan
52
43'%
5%
May
Jan
100
54%
114
26
6%
16%
Co
19%
114%
Jan
17% May 31
42% Jun
1
132
43%
*114
14 3/8
22
Jan
80
114
28% Mar 14
27
30% Jan
63%
17%
15%
15%
15
3
11 ¥4 Jan
May 25
*102%
*102%
.
15%
24% Jan
par
No par
No
—
preferred
195
118
7%
743/4 July
2,900
196
*52%
7%
7%
26% July
Jan
19
54%
53
*53
7%
'
5%
*5%
53%
19%
43%
19%
*43
*53%
54
7%
16%
16
16%
16%
55%
*53
17%
Jan
Jan
17%
17%
54%
*102
*102
*102
118
17%
55%
7%
7%
7%
.
53
*116%
118
17%
55%
11
31%
2,300
38%
38%
York
Dock
Jan
283/a Mar 22
78% Mar 23
129
890
%"
196
City Omnibus Corp.
non-cum
May
10%
4
3
No par
N Y
$5
203% Mar 22
20
3
Jan
62
Highest
$ per share
—BO
40
14%
*116%
17%
17%
55
53%
;
*116%
118
*116%
17%
17%
.
32
14%
15
*38
118
*53
14%
15%
199
17%
%
%
15
*
preferred series A
New
800
69%
68%
6 %
$ per share
$ per share
share
19% Jan
100
—100
N Y Chic & St. Louis Co
per
Lowest
Highest
15% Jan
No par
Central
New York
300
189
189
70
38%
15%
*37%
17%
%
32
15
15%
68%
900
5,400
25%
*25%
186
186
15
199
*116%
71
*
198
198
187
70
%
38%
*15 %
*180
180
72%
71
72%
*3*2
73
32
,
$
Par
50,300
17%
* 24%
17%
*24'/a
Lowest
EXCHANGE
Shares
$ per share
$ per share
Year 1943
Range since January 1
STOCK
YORK
NEW
for
the Week
June 9
June 8
$ per share
Sales
Friday
Thursday
June 7
share
Range for Previous
STOCKS
PRICES
Wednesday
June (i
June 5
June 3
SALE
Tuesday
Monday
Saturday
Monday, June 12; 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2423
■
O
12%
20%
20%,
37
37
*37%'
68
*66
69
22
*66
60
*118%
40%
41%
41%
20%
21
16%
*15
33%
33%
33%
43%
43
42%
39%
157
110
3%
119
*118%
119
157%
*156%
157%
4%
5
4%
4%
4%
4%
16
*15%
27
80
110%
3%
*3%
3%
3%
3%
*3%
54%
54%
*53%
105%
26%
26%
69%
71.%
1V4
29%
29%
29%
29%
19%
19%
19%
6%
5%
6%
6V8
6%
56%
99%
14%
13%
14%
r
*13%
2%
42%
3%
3%
44%
43%
45%
17
*15%
*99%
,
14
2%
2%
2%
13%
14%
14
14%
*56
56%
99% 100%
14%
16%
17%
17%
*55
100%
13%
43
;■■■:
45
*15%
17
*15%
29%
29%
29%
29%
29
24%
24%
24%
23%
24
58%
58%
58%
58%
58%
58%
7%
7%
7%
7%
7%
50%
50%
50%
13%
*12%
42 %
42%
*41%
'
*8%
8%
'
400
3%
3
3%
45%
46
46%
*15%*
17
*15%
"
4,400
28%
15,200
24%
28%
28%
2,700
58%
*58%
59%
59%
59%
7%
7%
7%
7%
.
7
*23
49%
11%
11%
66
64
64
63%
*62%
42
27%
41
41
.}- ■
i
41% %
■
41%
1.800
21%
21
.
21%
20%
21
20%
51%
51%
52
52
52
52%
52%
440
98
98
99
99
99
98
99
270
19%
19%
19%
19%
19%
19%
19%
19%
19%
19%
19%
89 %
89%
88%
89 %
*108%
109%
*112%
114
*112 Va
114
*13%
.14
44%
/
*11%
44%
44%
1134
25%
*1C2
*68
:'
-
68%
7%
7%
^00
109%
90
109
*112%
109
114
*108
•
5/%
44%.
66'%
135
5%
67
900
1
43%
44%
44%
.
6,100
44%
•
50
12%
*11%
12%
100
26
26
*25%
25%
1,100
*102
135
*11%
13%
133/4
*13%
5%
66%
66%
*667/a
500
5%
5%
67%
.
900
;
*7%
7%
7%
7%
*7%
7%
1,000
75%
75%
*75%
76%
75%
75%
40
*13%
13%
*13
13%
13%
13%
5
7%
7%
7 %
7%
*86%
89
*85
50
47%
57%
49%
57%
*58
13%
14%
58%
*57%
14%
13%
13%
49
*169%
*1G8%
W-
11%
*11
11%
74%
11
74 %
*73
*71%
74%
*17%
17%
17%
17%
24%
24
24
*24
*9%
9%
12 Vs
12 Va
108 %
*108
12%
*11%
12%
*36%
39
117%
117%
*116%
44
43%
16%
16
*110%
106
15%
106
23%
For
*105%
23'A
footnotes
22%
see
56%
*118%
119%
102%
108%
117%
118
117%
44%
*116
43
15%
97
103%
56%
119
15%
*85
48%
*58
13 V4
12
57'
119%
15%
10%
*73
17%
*23
23%
2431.
5
Apr
43% July
7%
Jan
par
~10
100
100
17%
24%
17%
*23
900
1
10
.
17%
2,000
24%
200
9%
*11%
12%
*11%
38%
*36%
38
15 %
57%
119%
15%
96%
97%
103%
103%
108%
108%
108 %
108%
117%
117%
118
118
118%
116
116%
115%
116
43%
42%
15%
42%
16%
57
119%
15
97
103%
15%
16,400
97%
1,100
103%
890
108%
108%
240
116%
118
170
42%
15%
12,200
43
16
15%
16%
*111%
111%
*109%
111
111
111
*105
106
*104
106
105
22%
23
22,500
105
22
%
22%
6%
24%
46%
Jan
61% July
.13/4
Feb
Mar
9
3
4
v
69
Mar 24
No
par
3
preferred
12
class
Jan
68 Va
Jan
91%
Sep
3
18% Aug
22
Dec
233/4 May 13
25% Feb
16
24 Vs
25%
Sep
117
118
Jan
26
3
-
Feb
25
89% Jun
5
'
Mar 28
109 % Jan
5
114% Jan
17
82
106
31
'/Apr
11
11% Feb
'-' Jan
14
19
110
43^ Apr
9 " Apr
19
47
23% Feb
23
Jan
27
Mar 15
preferred
Feb
14
July
Jan
100
July
50
12% May 22
26
Jun
5
3%
Jan
10%
4
18%
Jan
26
Jan
102
Jan
7.
conv
5%
conv
5%
&
63/4 Apr
82 Vs Jan
25
46% Apr
27
100
57% May
8%
5%
Purity
9
Mar
4
May 12
53/4 Mar 24
3
Jan
Dec
Mar
Jan
77%
9Vs
Feb
153/s May
168%
Nov
168%
Nov
170
Jan
182
Aug
4
Jan
6%
Jun
Jun
10
4%
Jan
10% May
Jan
10
597/8
Jan
90
24
Jan
52% May
99
3
61% Jan 10
64,?
3
Jan
10
56
17 3/s Mar 21
6
75
Dec
7%
Jan
l3/4
July
Mar
16% Mar
Jan
150%
168
Nov
Jan
10%
Dec
20
Jan
74%
Dec
14 V*
Jan
2P/4 July
May 29
18
Jan
23%
Apr
Jun
14% Mar 22
% Jan 25
May 16
79
Feb
15
17% May 16
19
Jan
5
15
25
19 % Jan
Dec
9% Jan
8
8% Apr
4
Jan
13
11 % Apr
13% Mar 16
6 3/8
Jan
13% May
5
50
25
25
11% May 17
11% Mar 16
1
13 Va Mar 16
6%
Jan
13
Jun
35% Jan
10
43
Mar 16
243/4
Jan
40%
Jun
52% May 19
58
Jan
15
48 %
Jan
58
Jan
12
1143/4
Apr
123
153/4 Jun
1
Tl3/a
Jan
No par
.
.No
par
No par
No par
ruO
*
100
116
Mar 25
13% Jan
3
120
Corp——
107% July
Apr 13
II93/4 Apr 10
1193/4 Feb 15
Jan
114% July
108 Vn
Nov
129% July
4
113% Jan
3
115 % Apr
28
No par
37% Jan
3
15 Vs Feb
3
100
.103
109% Jan
12
113% Feb
18
103
Jan
15
107
Feb
9
par
193/4 Jan
14
233/4 May 25
No
Oct
Jan
Jan
No par
(The)
96%
75%
96%
Apr
100
preferred
preferred
Apr
85%
105
110
104 % Jan
Sep
Feb
17%
9
3
3
Jan
•:
4
973/8 Jun
87 % Jan
96
No par
,
conv
Bakeries
Jan
•
preferred.
Pure Oil
5
59
69
(ser of Feb 1 '29)—100
preferred
8% Mar 24
1
par
683/4
May 5
143/a Mar 13
80
pfd—100
No
Pub Ser El & Gas pfd $5
Pullman Inc
L
300
Jan
186
1st preferred
2d preferred
preferred,
75
18
Apr
May
7 % May
Feb
34%
100
$5 preferred
1%
3%
21
100
Pub Serv Corp of N J
6%
21
Feb
3
5
Gamble
pfd
Feb
100
Pocahontas
73/4
7
Apr
4% Jan
Plymouth Oil Oo
117% Jun
Jan
Nov
10Q
.
Jun
109%
79 %
171
11% Jan
Jun
July
42%
25
100
90%
113
5
164% Jan
pfd
Feb
May 27
14% Jun
4
183
26%
133/4 Jan
71
104% Nov
102
5
Oct
28
Apr
24% Jan
11% Jan
A
pr
Sep
37
2
21% Jan
13
B
class
conv
*51%
523/4 Mar 17
99% Jun
25
—No par
8% Jun
29% Mar
3
19
Jan
—100
Jan
Nov
5
88% Jan
7 Vs Apr
683/4 Feb
,_No par
,
5Vb
17
May 16
49 % Jan
1
Young & Ash Ry 7%
Pittston Co. (The)
Procter
10 Va July
20
61
—No par
preferred.-
Creek
26 Va May
Jan-
22% Mar 16
No par
Corp
Pittsburgh & West Va_.
Pond
Feb
6%
49% Jan
.—100
& Iron
preferred
B
16 Va May
Jan
58% May
41% May
14
108
preferred
Class
Jan
26
x98
—5
,25
8
9% Mar 13
3
59% July
Jan
Feb
20% Feb
No par
—100
No par
-
Sep
Sep
5 Vo
40 % Apr
—100
series
9% Jan
29
7% Feb
73/4 Jan
7 3/s
Apr
34%
23
100
4%%
preferred
5%% 1st ser
28 Vs
,
46% Mar 24
Pittsburgh Forgings Co
1%
"
26% Jan
preferred
$5 conv
800
1,000
Feb
5
100
590
116%
*115%
16%
23%
170
.
17%
May 31
6
Corp_„
5%
119%
32%
14
>" 533/4 Mar 16
153/4 Mar 21
24
Apr
10 % Jan
Dec
Jan
8% Apr
6
54% Jan
173/4 Mar
113
Jun
23%
233/8 Mar
No par
Poor*& Co class B
200
46
•
Jun
108%
63
4
Jan
5V4 Jan
Oct
33/4 Mar
45
10
Jan
333/4 Jan
Pressed Steel Car Co Inc
4,200
57%
111%
*22%
■
55
—5
com
1,800
12%
*36%
*119
preference
9%
25
15
21% Jan
Sep
20 % July
30% May 31
112
19
—No par
3,700
9%
11%
9%
18% Jan 26
Mar 17
16
25% Jan.,; 3
-No par
1
—
com
100 Vs
Jan
Jan
Pitts
XI1%
57%
r
5%
12
9%
11%
preferred—
Pitts Coke
3%
13%
Co Inc.,
&
May
60% Mar
Nov
100
20
74%
Jan
13
-110% Mar 17
Pittsburgh Coal of Pa
20
10%
80
15
No par
,100
,—50
Hosiery
Pillsbury Flour Mills
570
*73
6
16% Mar 13
15 % Apr
3
6% May
Dec
29
Jan
Pnoenix
59
*10%
51%
100
Pittsburgh Steel Co
74%
24
Dec
Apr
May
19 Va May
Jan
Nov
Jan
2%
32
Jan
Brewing Co—
2,800
10%
Jan
l3/a
16%
No par
7%
1,300
16
3
15
13/4
;
Pitts Screw & Bolt
13%
Mar 28.
33%
Phillips Jones Corp
1% preferred
Phillips Petroleum
49
13%
Jan
7
:
3.500
*170%
Jan
27 Va
26
9
Philip Morris & Co Ltd—,———10
Preferred 4%% series
—100
89
14
Jan
l'/s
3
100% Jun
18
2 % Jan
723/4
17%
28
58
7
13% Apr
9 Va Jan
July
3% Jun
...
preferred,;
Phllco
933/4 Feb
July
30
Jan
7% Mar
Dec
106
20% Feb
3
Oct
July
Jan
20
7
26
51% Apr 10
45%
Jan
463/4 Jun
Co——100
1
Ry
Co
Phila Electric Co.
$1
26% Apr 27
18 V* Feb
4
Jan
1% Jan
-
11%
113V4 July
15%
100
10
par
Phelps-Dodge
Corp—
25
Philadelphia Co 6% preferred—50
$6
35%
Jan
Jan
37% Feb > 9
No
RR—
(Chas)
2
a.—No par
—
Eastern
&
5%
49
97%
22%
Jan
31
98 % May
1% Mar 27
4% Jan
Pere Marquette Ry Co.,
5% prior preferred—
*58
103%
22%
preferred
5%
106
15%
*111
Corp
Corp
Cement,
Pennsylvania
*85
117
44
17 % July
Jan
9
18
% May
.105%
25
573/4 Jan
Sep
Oct
6
Jan
27% Mar 16
15% Apr
No par
1
,10
Co
Airlines
Coke
&
Jun
Jan
par
No
$7 conv pref ser A
59
96%
42%
Coal
55
106
—10
Ford.
Penney (J C)
49
89
102%
108%
,
'
104%
16%
106
page
14%
96%
97
111
111
111%
55%
108 3/8
108
117%
117%
44
56%
103%
117 Va
9%
38
38
15%
96 %
103
„
10%
74%
119%
15
15%
*10%
*73
Penick &
7 %
*170%
*170%
11%
74 %
-
11%
*11%
97
13%
*9%
12%
103
59%
9%
40
15%
49
12 %
12%
97
7%
9%
*38
103
7%
17%
*11%
119
7%
24%
12%
119%
7%
89'
17%
38%
119%
5
*23%
38%
56%
5%
17%
*11%
56%
13%
5%
9%
9%
12
—
48%
par
2.50
Pitts Ft Wayne & Chic Ry
*184%
*184%
5%
24% i 24%
17%
"
11%
56
7%
59%
51
*11
7%
500
'
*168%
*168%
*185%
87
87
89
50%
58%
*169%
185
5
7%
,
*87%
*14
*170 %
185
'
—
5
5
5
13%
*169
*185%
*185%
74
13%
133/4
*169
175
*169
74
"75 Va
*74
i—_No
Davis & Co.,
Pitts C C & St Louis Ry Co
135
*102
/ *5%
-;
'
75%
*73
Mines—■_ 1
Parker Rust Proof Co
.
•••'
13%
*102
—1
Inc——
Consolidated
Preferred
114,;:
*112%
110%
*102
67
89%
13%
12%
7%
*88%
*109%
26%
68%
89%
15
*11%
7%
7%
*88%
110
*25%
*67%
69%
*7%
13,800
110
11%
./ 135
5%
30%
*13
44%
Parke
4a%
119%
3d;
14%
26
*5%
.
114
11%
53A
>
30%
109%
26
*5%
1,500
24%
24%
*116
3.800
29%
13%
135
*102
5%
44%
44%
24%
119%
8.800
21
109%
11%
25%
135
*5%
110
26
*11
25%
*112%
*116
109%.
13%
13%
44%
%
109%
114%
*112%
*108
114
89%
109
109%
14
*13
*107%
*108%
*88%
■-
24%
30%
108%
108%
,
24%
119%
89 %
*89
Utah
Pfizer
48
51%
30
&
Park
3.400
20%
24%
Tilford
Park
6
10
119%
160
Jan
2%
1
27
Jan
Jan
Dec
9
3% Mar 25
Jan
45
103
Dec
.23%
10% Mar 17
112% May
8
3
31%
Jan
3%
8
23% Jan
par
TOO
1
No
4% conv preferred—
Paramount Pictures Inc
48%
'
98
*116
2% Jan
I
Inc,.
Cos
109% Jan
,1
.
Ref
&
83% Feb 18
5
pfd_100
Transp
5.60%
48
21%
30%
Paraffine
Si
Petroleum Corp of America
51%
24%
333/8 Mar
91%
147
16% May 27
5% Jun
8
Pfeiffer
98
119%
27
1.600
20%
29%
29
25
1,200
98
*24%
123/4 Feb
3% Jan
9%
~
48
*116
3
28% Apr
No
—
8%
48
30%
4% Jan
par
Packard Motor Car
9
47%
24%
Jan
Pan American Airways Corp———5
8
48
120
21
9
g
29%
8
53/4 Feb
8%
9
47%
24%
12
157% Jun
*26
48%
*116
121% Jan
11
*8%
J 8%
30
27
149
Teleg—:
27%
51%
25
10
117% Apr
No
Mills
preferred:.
Pet Milk Co.
;
"27%
Mar
par
6%
*25%
21%
119%
10
3
Apr
July
25% May
18% Jan
100
——,—100
Pacific Tin Consol'd Corp,,
1
Pacific Western Oil Corp
:,10
Pacific
Pacific Telep &
Pepsi-Cola
300
98%
30
25
45% July
7,200
400
55
28% May
Peoria
12%
*12%-
13%
Jan
Jan
1,700
497/a
49%
50%
12
13% July
Jan
Jan
1,300
;
Jan
6Vb
19
Peoples Drug Stores Inc
——__5
Peoples G L & Coke (Chic),
.100
51%
247/»
73/4
23 %
13% May 31
15% May
Oct
July
3
5%
51%
*116
64
T3
15 Va May
30
—No par
Penn Glass Sand Corp..
17
*110%
21%
19%
Jaa
41% Jun
Penn-Dixie
3%
45%
98%
,
3
25 Va Jan
6,600
%
47%
48
29
33
Penn-Central
■
47%
673/4
23 V4
Penn
7%
9
Jan
60% Jun
46
54%
5
1,700
24
8%
24
43% Apr
7,300
28%
9
Jan
33% May 31
1,100
*22%
8%
Apr
3
14%
64
8%
Sep
38
10
13%
50%
9
8%
154
Jan
Jan
Pacific Lighting Corp
Patino Mines & Enterprises
3,600
Jun
Jan
393/4 Jan
25
& Electric
Pacific Gas
99%
12
"
Co,
Jun
28%
142
Mar 30
Jan
13%
*110%
*41
21%
14V4
14%
17
*26
Jan
233/4 Feb
% 13%
3%
42%
15 3/s
17% Jan
X99%
45%
27%'
7
Apr 28
48% Jan
4
14%
64
<'*26
8%
*8%
8%
*6%
27%
10%
7
65
8
10% Jan
0
Jan
38% Jun
26
Jan
Dec
Dec
3%
8 Va Jan
13%
12%
42%
142 %
*26
27%-
153
10 y8
105
5
40% Jun
100%
100%
51%
/*6'4
May 10
Jun
Jan
:_10
Coast
-
14
12%
66
21
55% Feb
1st
Parmelee Transportation—No
17%
29
50
19
Apr
69
preferred non-cum—„No par
2nd preferred non-cum—No par
Pacific Finance Corp (Cal)
10
Pacific
14%
100%
14%
50
13
t
■
.13% May
64
.12.50
Co..
4,400
-
57%
17%
57%
*56
23
28%
x23
'
66
57%
400
*56
17%
17%
17%
;
6%
'
58%
29%
*24%
67%
6
6%
*110%
*110%
*110%
*26
6,400
19%
13%
*66
2,600
29%
19%
6Va
17
22.000
11,100
1%
19%
100
50
20
29%
56%
*12%
.
1%
400
55
26% ;
70% ,
19%
18%
18
31% Apr
par
Pacific Amer Fisheries Inc
••
Prod.
29%
18
Glass
Owens-Illinois
Panhandle
19%
56
83/4 Jan
5
—No
Co————
2,500
3%
3%
29%
6
:
East'P L
19%
18 V4
.
70
1%
10
147
preferred.
Petrol
29%
"18%
*7
27
66%
1%
105% Jan
100
6 %
Outboard Marine & Mfg„.
3%
110
111
29%
6%
42%
26%
*
74%
14
18
Pan-Amer
1%
V
-
1%
1%
Feb
No par
Panhandle
69%
1%
66
27%
26%
79
50% July
Jan
Otis Elevator——
350
X26%
27%
Jan
3%
No par
200
*105%
*105%
*105%
6%
*15%
15,600
,
9% "
54%
105%
54 %
54
*9%
,
*19%
*110%
366,000
21% July
29%
5
8
"
9?a
110%
1%
29%
14%
400
c
Jan
3
10% Feb
Oppenheim Collins,—
110%
*9%
9%
*9%
110%
75
20
7,400
,
,
31% ;
30%
31%
30%
31%
9%
;•/
27%
78%
*2%
30%-
31%
10
210
■
.
5%
5
5%
4.600
;-.
%
16
*15%
16
5
5
110%
54%
27%
137b
4%
39%
39%
39%
9%
*105%
1%
16
•
11%
.53% Jun
100
.——100
.
V 3.900
600
39%
110%
*53
54%
43%
9%
3%
*105%
/
110%
*9%
9%
y.
156%
5
29%
29%
29%
29%
110'/a
:
33%
43%
*15
*118%
16
4%
16%
33%
*43%
16%
33%
*43
640
y
40
5%
16
4%
>
157
119
70
21
119
119
*156%
39%
40
*118%
156%
4%
40%
21
*156%
40%
119%
15%
40%
310
cl.
33%
*15
43
1.700
;
10%
20%
20%
33%
43
v
2,600
20% Mar 22
8
18
45
par
0
(The)
preferred A
conv
Outlet
>
42%
*40
16%
33%
4%
*99%
13
10%
21%
4%
*55%
13
11
40%
15%.
%,
13%
21
47/o
29
60
43%
4%
*19
59%
21%
15%
1%
60%
10%
4%
3%
*59%
*12%
4%
*53
60%
10%
15%
*9%
*66
13%
5
29%
67
10%
'
*110
67
39
*12%
40%
156%
500
8%
20
39
*66
11%
156%
119
*155%
21
153
*37%
13%
*15
10.100
21
153
21
38%
11
*118%
41%
41
67
13%
43%
43%
*43%
600
67
37%
*66
16%
13
*38
12
33%
200
153
20%
*151
13%
*15
33%
33%
21
153
No
Omnibus Corp
*12%
12%
12%
60
21%
16%
*15
13
4.100
103
103
103
*102
60
*41
43
21%
103%
Farm
Feb
8% Apr
17% Feb
—No par
Equipment-
3,000
9
51%
8%
9
Ohio Oil Co
Oliver
51%
51%
8%
60%
*11%
12
*41%
51%
9%
13
13%
13%
*11
52
60
60%
59%
*151
37%
37%
38%
*66
20%
20%
150
150
150
*12%
12%
20
20%
20
*149
152
"148
102
103
12%
12%
12%
8%
9%
103
103
103
103
*12%
9%
9%
9%
9%
102
52
52
9
17%
18%
18
45% Jun
18
1
Mar 22
113% Nov
122
Aug
263%
Jan
40 Vs July
11
Jan
19% July
1043/4
Feb
114 V8 July
92 Va
Jan
107% July
133/i
Jan
22%
Nov
•
Volume
159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
LOW
Saturday
June 5
$ per
$ per share
*13%
*13%:
14
.
AND
HIGH
STOCKS
PRICES
SALE
Tuesday
Monday
June 8
Thursday
Wednesday
June 6
June 9
$ per share
$
13%
13%
13%
13%
133/4
133A
*13%
9%
9%
9%
9VB
14
per share
Sales
Friday
June 8
June 7
$ per share
share
2429
NEW
for
Range for Previous
Range since January 1
STOCK
YORK
Lowest
EXCHANGE
the Week
$ per share
13%'.
$ per share
Par
Shares
.10
Quaker State Oil Ref Corp.
300
Year 1943
Highest
Lowest
$ per share
123A Jan 21
$ per share
14Va Feb
11
18
10% Jan
12
5
75% Jun
8
Hifhest
S per share
10% Jan
15
July
R
'
9%
9%
9%
9 %
9%
91/4
74
74%
74%
74%
74%
74%
74 ¥4
9
9 Va
8%
9%
8%
8%
8%
8¥o
9%
75
8¥b
88%
88 3A
303/4
31
31
8 V8
12,600
91%
90
911/4
88 %4
89 ¥4
88 ¥4
89%
*30
30%
30 Vb
30%
29%
31
30%
31
*14 %
14%
14%-
14%
14%
15
14%
14%
14 ¥a
15
143A
14 ¥a
4,200
30 5,8
30%
30 V4
30%
30'A
301/4
*301/4
303/4
30%
30%
30 3/4
30 3/4
17
2.000
*
18
*17
38%
*37
38%
*30 %
30%
17
17%
*37
17 %
*7%
30%
124
*61
15%"
30%
8
Vt
Raybestos Manhattan—
28% Jan
3
31% Mar 22
12% Feb
3
15% Mar 13
28
2
303/4 May 20
20 Vb Mar 21
16 Va
163/4
19
19%
19%
16%
17
Xl6¥a
17
16 Va
163/4
933A
933A
*92
94%
93%
93%
94V4
94%
16%
16%
16%
17
*92'/a
94%
93 ¥a
93 ¥4
*96
97
95
96
9%
10
10
10%
17%
17%
171/4
16 y8
17%
*101%
102 Vi
*101¥a
1021/4
96%
95%
95%
95%
95%
7%
7%
7 ¥4
7 ¥4
7¥a
:
16%
91%
91%
91 ¥4
91 ¥4
*91%
73%
73%
73%.
73 Vi
73 ¥4
*73
13 %
13%
13%
13%
12 Va
131/4
90%
90%
90%
911/4
91'
911/4
>
>
91%
91%
91 %
73
73 Va
13
13
92
91%
92
91%
11%
10 7/a
11%
1IV4
11%
30%
307/a
30s/a
30¥a
*36 Va
37%
36%
36%
37%
*15 »/4
15%
*15%
151/4
15
*9%
9%
15 Va
15%
6%
*61/8
*20%
*19
113/4
37%
*36 Va
37
*36%
15'A
*143A
15
14%
9%
*9¥b
9%
9 3/a
151/4
15%
15%
*143/4
37
%.
29
'*
61/4
6%
*6%
6%
20%
20 ¥4
20 ¥4
20%
20¥a
*20%
21
301/4
*291/4
30 ¥a
30
30
*29%
293A
19
6'A
*50
19
51
19 ¥4
*50
:
28%
183A
19%
51
'■
50s/a
50%
29
*6%
29:
291/4
28%
28%
%
¥b
%
%
1%
1%
*1%
l'A
49'A
49 ¥b
49»A
49%
300
6%
6%
800
20%
1,000
293A
800
19
29
!?
1.800
51
19
*50%
51
287/a
3,300
207/a
183A
*50 ¥8
9%
15%
*29%
6 ¥8
18 ¥a
.
700
10
29%
*2,100
¥a
29
2,600
preferred
conv
Rheem
Richfield
Ritter
Co..
Roan
No par
A
11/8
1V4
48%
49'A
113%
113%
*113 ¥4
114%
7%
51
7%
*40
51%
107%
*107'/4
7%
52%
•
106 ¥4
40
41%
-
*1101/4
24%
lVs
1%
1%
49%
49%
49%
114%
71/4
7%
503/4
50%
107%
*106%
107%
106 ¥8
40
-i
v
7%
106%
111%
*110%
111%
*110%
111%:
$4.50
*110i/4
111%
*109
110
*109
110
24%
24%
3¥a
3%
3
24%
24%
24%
2,100
3%
*3%
3¥a
1,100
Seagrave
92 VB
923A
7,200
Sears
18%
18 Va
10,600
15%
4.500
92Va
92%
18 ¥4
I8V4
18 Va
18%
18%
15V4
16
15%
15%
15¥b
15 ¥a
15 ¥4
16%
*143/4,
15 y8
71%
71%
70%
71
11%
11%
11 'A
52
27%
11
52%
26 ¥4
27
*27
3%
27%
13 ¥a
13 ¥4
11%
*11
11 Va
*52%
53
*52%
53
1.400
70
2.600
3V»
1,700
Silver King
8,000
133/B
13%
13% ¥ 13%
38,400
39%
38 ¥4
38 ¥4
39
39'A
39%
39%
39
39
1,100
14%
14Va
14%
14%
143/4
14%
*14%
14%
14%
14 V*
1.100
34%
35
251/4
251/4
13%
13
13'A
13
3%
*32%
33'A
39%
40
1
151
*22%
*148
39
*148
28
Oct
Feb
19
ll¥a
Jan
18¥a
Jun
51% Apr 11
43
Jan
50% Aug
32% Jan
27% Nov
367/b Mar
23
5
Jan
13
11
39%
150
150
151
29V4
301/4
asa
Va Jan
3% Mar
49% Jun
6
Jan
47 % July
27
8
Jun
8
105 Va
Jan
8% Feb
1
6 3/a
Nov
Sep
12% Mar
193A
Jan
44¥a
96
Jan
36%
Deo
43
3
17
6
Xl08% Mar 23
105
•:
Jan
37 Va Mar 16
42 ¥b Feb
109
Feb
16
Jan
3
110
7
16% Feb
14
13
May
63% Jan
9Va Jan
15
20
22
Jan
28
Jun
90 3/a
Dec
10 Va
Jan
18%
Sep
Jan
17% July
Apr
5
1
52%
■
150
65
Oct
Jan
27
2 3/a
Jan
29 % Jun
9
,263/4 Mar 14
14
v.
May 25
423/a Jan
7
18% Jan
22
23% Jan
3
28%
287/a
3/a
29%
42,800
233A
22%
23%
51%
50
51
50
51
64
623A
63
62 %
62%
223A
23%
19,300
6,700
660
39 % July
6
15% July
2%
Jan
16 ¥0
Jan
29 y8
20%
Jan
30%
Southern Pacific Co
Railway
Southern
5%
&
Jan
10 3/4
Jan
14%
32 Vb Mar 22
153/4
Jan
30 % May
Jan
3
28% Feb 26
153/4
Jan
30%
4
53 3/4 Jun
5
35%
Jan
49% May
Jan
7
653/4 Jun
5
42 y8
Jan
66
3
53/4 Jan
18
2%
Jan
5Vb Jan
26
2 3/a
Jan
^
5%
5Vs
v.;
7
7
*58¥s
65
4¥b
5%
5
7%
*6%
*58%
28 ¥4
6%
24
39%
39%
*39 ¥4
61
*60
61%
24
8¥b
8
8%
■>
*62
64%
/■"•
*29
29%
29%
29'A
29%
23%
23 %
23%
23%
23 3/8
23 3A
5,400
*39¥4
401%
40
40%
40 3A
41
2,400
;
61%
*60
61%
*59%
61
*60
291/4
*29
7 ¥4
.
8¥a
8%
'
*59%
8%
641/4
63%
64¥a
63%
34%
34%
341/4
34%
341/4
34%
34
34%
*111V2
113%
111%
111%
*111
60
60
60
*112
*1091%
111
109%
A
109%
*109%
111 :/
30%
30%
30 %
30%
30 ¥a
112¥a
*112%
*112%
113%
*112%
2%
2%
2%
2%
2%
60
60
112%
-
*112
113%
33%
33%
*111
33%
115
60
303/a
30 ¥a
303/8
*122%
113%
*1125/8
3
27/8
44 ¥4
44 ¥4
44%
44%
44%
45
52
52%
511/4
52
52%
53
51%
30%
*112¥a
37
37
37
37%
36%
371/4
37%
373/a
37%
3 3 ¥4
33%
56 ¥a
56%
573/a
43
42 ¥4
42
423A
42%
*44
33%
56 ¥a
33%
55%
33 ¥a
56V8
*113
114 Va
8%
*113
115
*113
8
:
8
447/s
115
*113
7%
313/fl
313/8
.
67%
66
15%
15%
17
17%
*17
16%
17'A
17
17
8%
8%.
8%
*17
8%
8¥b
16 Va
17'A
*55
56
55
55
124
124
*124
125
54%
*124
*21%
21%
21
21
20 Va
20%
20 3A
79%
78V4
79
77 Va
78
77
22
22
*21%
31%
30%
31%
21%
31
*21¥4
*30%
.
*30 Va
11
11
11
11
11
11
10%
30¥s
30
30 ¥s
29 %
29 %
30
30 Va
321/8
32 V4
32%
32V4
32 Va
32 ¥a
32%
32%
32%
28%
29
28
28%
27%
28%
28 'A
28 Va
28
5 3A
6y8
5%
5%
31
'
32
14.700
300
66%
66%
2,000
15%
37,500
8,100
55
1,400
125
30
6
For
6
footnotes
5¥4
see
6
page
,'
2431."
..25
53A
% %
preferred...,
Starrett Co
25
.25
...100
1
Jan
115% July
4% Mar 22
1%
Jan
6¥b Mar
9
Jan
38%
Jan
44 %
(The) L S
Corp
Z1
Stokely Bros & Co Inc—a,.
5%
prior preferred
Stone
Studebaker Corp
1,700
76 Va'
21%
30%
30%
400
1,000
200
Mining Co
Superheater Co (The)
"H%
Nov
"9%
25
Jan
31% Mar
623/4 Feb
29
673/4 May 18
68% July
113/4 Jan
3
..
(The)
11
1,000
Sweets Co of Amer
30
2,900
Swift
32%
32%
32%
3,500
28
28%
5,200
57/a
6,000
Sylvania Elec Prod's Inc
Symington Gould Corp
53/4
7Va
Jan
14%
4%
Jan
14
xl7
Jun
July
15% Feb
1
17% Mar 14
14%
Dec
93/b Feb
2
5¥4
Jan
103/4 May
17¥b Jun
7
21
Jan
15 Va
100
„No
par
25
100
7% Apr 19
13 ¥a Apr 19
54% Jun
6
Jan
27
15
121
5 % Jan
3
17% Jan
27
72
Jan
3
19¥s Apr 25
293/4 Jan 28
60% Jan
125
Mar 18
5¥a
48 %
122
Jan
Apr
6% Apr 21
4¥8
NOV
8% Jun
33/4
Jan
22
Jun
84 % Feb
24 ¥a Mar
8
1
Sep
Dec
63% Mar
Sep
130
6
Oct
73/a
Apr
May
12¥a
Jan
22
2
583/4
Feb
82
22
14%
Jan
26%
Jan
32% July
33
July
.
May
May
6
4
3
43/4
Feb
Jun
8% Jan
11% Mar
12%
12%
3
22%
Jan
Nov
27% Jan
317/a Mar 20
27 %
25
2734 Jan
2
27 Va
Nov
Apr
10
323/4 Feb
35%
263/4 Apr
33% Jan
5
22 V8
Feb
35% July
18
43/8 Jan
8% May
10
—
May
66
9
10
Swift International Ltd
28 %
Co
15Vb Jun
May
9% Feb
IOC
Oil of Calif
Superior Steel Corp.
Sutherland Paper Co
9% Mar 22
llVa Mar 14
—1
.
Superior
&
114
32 3/8 Mar 22
5% Feb
11
.
26
6% Jan 13
20
Sunshine
20 3A
Jan
18"
Sunray Oil Corp
27,600
;,
Sep
28% Jan
—No par
(4%% cum)
8 3A
111
Dec
—1
(The).—
Sun Oil Co
Class A pfd
40 % Jan
Dec
May
par
L, ..No par
Webster
&
;
10%
5
..No
Sterling Drug Inc
Stewart-Warner
297/a
5%
100¥a
Mar
—10
—
Standard Steel Spring—
11,100
'
6
Dec
6
115
15
8 ¥4
21%
11%
301/4
9
27
Feb
Standard Oil of Calif
4
114 Va
20%
31%
11V4
31%
Jan
60
*76%
22%
30%
*11
28% Feb
110
317/a
45 Va May
8%
83/4
30%
*30%
Sep
Jan
5¥a
77
22 ¥4
22%
Dec
31 Vb Mar 21
25
Jan
17%
20 %
o*78V4
*22
110
Jan
37%
*124
6
8%
20%
Aug
Nov
49
46 %
57,700
8¥a
*78
117
107
2
7
17%
8 3/a
78V4
112% Nov
28
12
54%
55%
8¥a
21 ¥a
July
10
Jan
64 % Feb
43 ¥b Apr
15 Va
,
124
81/4
22
70
1143/4 Jan
112
May 17
57Vb Jun
500
8%
28
59% May 12
19
4
4,000
81/4
Jan
July
51% Apr
1,200
83/„
8%
110
Sep
42
116% July
383/4 July
17 %
8%
113% May 25
Jan
Jan
8 3/a
5%
Jan
28 Va
17%
6
33
109
28% Jan
8%
17 %
5 Va
383A Mar 13
9
Sep
8% Sep
64
15
173/a
6
33% Jun
35% Jan
11
8%
173/a
5%
9
38 % Jan
173/8
6
663/b Jun
343/b Jan
83/,
5%
50% Feb ,11
par
60
7
3
17%
6
Jan
35% Feb
32% Mar
8¥a
5%
3
No par
19,600
171/4
55%
8
40
*31%
32
124
9 Vb Jun
50% Mar 22
8¥a
17%
3
58 % Mar 22
17%
55%
Jan
6
Jan
3
10%
124
May
8
*10%
171/4
66
10
10%
55V2
2
23/4 Jan
*103/a
124
Jun
40 Va Feb
10%
17 ¥4
44 % July
61
33 % Feb
10%
55%
32%
27
No par
11
125
9
563A Jan
No par
8%
15%
*31%
'35% Mar
Jun
par
prior preferred—
36 3/4 *37%
663/4
14 3/a
23% Nov
41
prior preferred
*113
66 %
6
26
$6
8Va
14%
27¥s Jan
36 % Jan
$7
114 Va
67V4
22 Va May 13
1
Standard G & E Co $4 pref—No par
*113
13%
Dec
108
Standard Oil of New Jersey
Standard Oil of Ohio—
;
671/4
Nov
35
111% Apr 19
Standard Oil of Indiana
31%
61
Jan
600
5.300
14,700
141/4
Sep
Jan
3,900
2¥a
31,200
67
313/4 Mar 14
6%
33
213/4
43
43
31%
26
52
56 Va
13%
5
7% May 29
59% Apr
par
Inc——No par
—..No par
33 ¥a
66%
10i/4
Brands,
preferred
43
*311/4
11%
Standard
333/4
14'A
10%
$4.25 preferred
56%
66 Va
May
14
Jun
No par
427/a
31%
28
par
100
—No par
...
56 ¥a
14Va
Feb
Apr
6 Mi
No par
Squibb (E R) & Sons
$5 pref series A
8
114 '/a
8%
55
1
34 Va
*66'A
•«
No
Square D Co
—.
5% conv preferred
$4.50
113%
preferred
56%
423A
*31V4
11
4,700
$4.50
33%
31 ¥4
10%
30%
*60
"
¥4
7%
8'A
10
600
—1
par
2
Spiegel Inc
Conv
par
51%
*23/4
373/a
33 ¥a
V
Sparks Withington
No
Spear & Co
I
$5.51 preferred
No
Spencer Kellogg & Sons—__No
Sperry Corp (The)
Spicer Mfg Co
_<
.No
$3 conv preferred A
No
Sep
Apr
43
51 Va
*42%:
111
2%
45%
52%
42%
59%
112%
*110
113¥a
52'/a
56%
115
*58
*112
30%
*44%:
33%
2,100
*111
60
*109%
42 3/4
33%
3,200
-
109%
33%
43.300
64%
111
56%
1,800
9%
66 3/a
9
112%
2%
3
60
112%
9Va
65 3A
*112
109%
30¥a
V
115
*111
115
*112
112%
61
8%
63 3/8
64%
60
*67/a
40%
63%
112%
900
64%
63%
*58
8,800
7%
7%
*60%
63 %
*112
5Va
7%
64%
24
29
39 ¥a
8
'
5Va
7%
7%
*60
5
23 ¥4
29
23%
*60
71/4
5
39%
29%
29
■23%
5%
64Va
*60
65
5%
5
Apr
21 Va
3
3
4% Jan
100
ctfs
tr
25
G
15% Jun
40 % Jan
—No par
stk
Ohio
Dec
Sep
149% July
24 Vb Jan
20
preferred—.—100
non-cum
Mobile
May 17
Jan
Apr
54
..No par
;
Jan
132
Jun
5
23 % Jan
7.50
Co..
Apr
22% Apr 24
13% Jan 17
Edison.——23
29%
503A
141
100
preferred
Nov
25%
6
8%
Sep
24 % July
23 ¥4
Jan
152
Southern Natural Gas
Nov
Jan
May 31
Southern California
153/4
22 ¥8 Aug
Nov
45%
Jan
35
1,500
Jan
May
15%
41
2,200
28 Va
28
27%
Xl3 Va July
10%
6
4
Jan
Jan
10 Va May
Apr
19
10
14 Va
28
133/a Jun
16 Va
21
5
14
287/a Jan
22 3/4
Jun
Jun
287/a Jan
22 %
10¥a
57
Southeastern Greyhound Lines—5
*14%
Jan
29
South Porto Rico Sugar
15%
5%
Jan
6
Mar 14
22%
73% July
16% May
73% May
Jan
Jan
3
.No par
Jan
Jan
54
17%
27
12
8%
64 3/4
31%
Jan
14%
23
;
30
150
*148
v
12
9
9
12
3% Jan
22 Va
64
24V4
23
52'!
150
4,400
Apr
Jun
4%
Jan
4
8
36% Apr 24
13% Apr 25
2
26¥a
Jan
2
113/4 Mar 16
19
Apr
10% Feb
16% Jan
59 ¥a
Jun
54% May
18
3
Dec
28% Apr
4
Jan
Mar
75¥4 Jun
6
48 Va Jan
Feb
112
14% Mar 13
27
24
115
105
7
73
6
Jan
1093/4 Nov
8
16 3/a Mar 16
3
Jan
72
Feb
6
Jan
33% Jun
93
2
12
Dec
1073/4 July
19% Mar 20
5
Feb
-
25% May 19
10
2% Jan
84
par
16
114
Jan
112
108
21 Va Jan
35
Jan
54 Va Mar 31
114
Jan
7
.-1
15
28¥a
/c *64:
387/a
300
39
l3/4 Mar
3
38 Va Feb
Corona
22 ¥e
22 3A
23
38%,
7,400
333/4
v
Dec
3
3%
39 %
9Ta May
3A Apr
*32 %
*32Vi
"
2 3/8 Apr
3¥a
30%
V
21%
Jan
333/4
3%
33%
39%
39
29%
4
Dec
4
30%
24¥a
Jan
13
*32%
Oct
5Va
123A
33
12
July
17% May
20%
May 16
'/a Apr
3
Am Gold & Platinum
14%
19 ¥4
110 % Jan
,
No par
L—
10
Typewriter.No par
Socony Vacuum Oil Co Inc..
15
South
Sep
7
13 %
42,700
Jun
39% July
12%
32%
10
6¥a May 25
13
4
Jun
11% July
Jan
20 ¥a Jun
27% Jan
133/a
5%
25% Jan
34¥a Feb
X30 % Feb
37¥a May 29
33/4
¥a July
933/4
3
18
23
13%
Feb
15
Jan
26
,
433/a Jan
$1.20 preferred
&
70
Jan
Jan
29% Feb * 5
20
23
Nov
Jan
Smith
*21%
22%
Feb
7%
80
7%
Smith (A O) Corp
*21 ¥«
Apr
59%
9
6
Oct
9%
98
Dec
10% Mar .18
3
1,200
301/4
53 ¥4 ' vV'
Jan
Dec?
88%
Jan
•
Apr
20% July
101 ¥4
Jan
5¥a
78
15% Jun
87/a Feb 29
1,300
*143/8
65%
7
26%
15%
65
25
153/4 Feb
'6
353/4
22 ¥4
23%
38% Jan
3
,
8
i
353/8
*14%
531/4
3
May
Jan
113/4 Jun
30¥b Jun
*25%
22%
53%
4
3
26%
15%
25
7
3
35
22 ¥4
65
Jun
35
151/4
24%
2
92
26%
15%
52%
17
253A
23
*64
Apr
23V4
15%
•
73%
95
Jun
lO'/a
Jan
Jan
35
4
*148
151
Jan
25%
13 %
38%
'
4%
14
95%
23V4
3%
40
8
18¥b Mar 16
347/a
32 ¥4
34
4 V'.
3 ¥4
33 %
Dec
25%'
r35
4
743/4
73¥4 Jun
13% Jun
24
Iron
Jan
4
23
^
&
42 Va
22%
25
13
Skelly Oil Co—.
Steel
l
□°2 Mar 17
No par
Sloss-Sheffield
Oct
Jun
May
% Jan 20
—5
Corp—
93
35
*22
22%
*22
25 Va
Oil
Sinclair
Jan
8¥s Mar 16
No par
—
69%
8
6
97% Mar 14
No par
Coalition Mines
Simonds Saw & Steel
193/a
May 17
8
173A Jan
15
Simmons Co
300
20
Jan
10 % Jun
4
.
Jan
45
Jan
May
12
102% Mar 24
3
Jan
Jan
14Va
100
3
Jan
13
No par
(Frank G)
29 Va
39%
22%
¥
Jan
86% July
l37/a Sep
94
15
Jan
36
(W A) Pen Co...—No par
133/4
13%
Jan
13
Dec
Nov
17
18
8% Jan
-No par
No par
No par
Shell Union Oil—
24 %
3%
14%
35%
Shattuck
Sheaffer
28%
39%
35%
$5 conv preferred—
243/a
3%'
7
28
No par
—
Sharpe & Dohme
24%
14%
25
Steel Corp
Sharon
29
3%
6
6¥a
193/4 Mar 17
85 Va Apr
-1
Inc
28%
*39%
*22
Servel
24
•V
No
$3.50 conv pref ser A
25 ¥4
253/4
26%
25%
3¥s
28%
*24
13 ¥4
2,000
Jun
10
5
Corp—
Roebuck & Co
243/s
3%
28%
3¥a
24%
150
12%
753/4
*11
26 3/a
26
28%
*24
2 4 ¥4
13%
13%
13%
3¥s
21%
*24
24%
27 ¥4
3¥a
27%
3%
*31/4
27%
*24
r 7i3A
*12%
*75
55
*11
*52%
26 %
26 ¥a
r
12 Va
*75
11%
11 '/a
54
•
*52%
'
71*
71%
12%
753A
*75
*15
753/4
*69
12%
12%
12%
75 ¥4
*75
•■•1
11'A
52
70%
12%
12%
75%
preferred
24%
92%
Jan
17
63
No par
—No par
No par
Paper Co
243/4
17%
20
Jun
80
Feb
5% Apr
3%
243A
•v
800
Jan
3
6 3A Jan
Seaboard Oil Co of Del——No par
91%
:
¥
Jan
Mar
84
5
-100
$4 preferred——
18
52
Scott
*U0V4
91¥a
71
preferred
110
17 ¥4
12%
5%
Savage Arms Corp
119
911/4
*75
2,900
40
3 Vb
66%
70
87
1
Schenley Distillers Corp
5% % preferred——
*109
18
71
80
3,900
39%
91%
12%
:
16,500
107 Va
107%
40
90%
75%
:
7 3/8
5P/8
Safeway Stores
*109
40
3%
927/e
71
114
113%
73/8
4,400
7
14
10
27% May 12
non-cum
*39%
93
*75
900
•49 Va
30
Feb
127% Feb
Jan
10
100
—100
No par
100
5
Francisco
preferred.
Louis-San
Aug
22 % May
35
Nov
St Joseph Lead
6%
32
Jan
,—J
No par
tfit
Jan
Jan
14% Jan
40
3%
*12%
1
:
51
51
18
.
1
493/a
114
114
7%
50Va
24%
*3%
Va
*114
114%
40
-
3%
Va
493/a
*106%
110
24%
t3/a
7%
111%
*3 Va
:
51%
40 ¥a
24%
16
71/4
IO7V4
*109
1
50%
¥
*1101/4
111%
•/ 110
*109
•*114
7%
53
*¥a
26%
Dec
Jan
Rustless Iron & Steel Corp
$2.50 conv preferred
'
*%
*
Jun
14%
25
(The)
15%
26 3%
No pai
Co
Jan
22¥4
8% Apr
__———No par
Copper Mines
Typewriter
Ruberoid
Jun
11%
Jun
1
16
Apr 24
1003A Feb 25
Antelope
Royal
29 ¥a
8
70% Jan
—1
Oil Corp
Company
101%
Jan
38% Jun
llVa Feb
1
10
;—
Jan
30% Jun
14¥a Apr 19
x837A Mar 9
.10
Mfg
54%
21
7
18
100
Common
,
10 V8
3
50% Jan
No par
Reynolds Spring
Reynolds (R J) Tob class B
30
■
15 Va
Reynolds Metals Co
5% %
5,400
9 Va
9%
,
6,300
...
*143/4
14%
15
37
*36%
*14%
450
510
30%
18%
51
*28 Va
11%
30 ¥a
20%
29%
19%
*50
*6
113A
30%
30
20%
29%
11%
9%
15
">
3,600
30 ¥a
•:
151/4
9%
9%
15
340
913A
30%
■'
400
preferred
prior pfd ser A.
12 % May
71% Oct
Jan
13
90
1
.No par
100
6 % conv
—100
Revere Copper & Brass
No par
7% preferred
——a.—100
5%% preferred
—100
conv
17
Jan
Jan
3%
27% Jan
57/a Jan
100
Saratoga RR
Inc
Motors,
6%
3,600
13
91¥B
25
Republic Steel Corp
.
73%
13
10 %
&
Reo
91%'
73
30y4
Rensselaer
230
•
13%-
1
...
Preferred with warrants
1073/4 Jan
4%
59
323A Jan
No par
10
Co..
Feb
9¥4 Mar 16
15% Jan
„
.100
1st pfd.
& Co
11,600
.
7¥a
73%
11
...
18,900
93
7%
73/4
(Robt)
Remington-Rand
500
17
.50
50
5
,.100
Reliance Mfg
300
100%
93
94%
7%
Hosiery
Reliable Stores Corp
5,600
-
10%
16 3A
993A
Rels
300
95
10%
16 ¥a
;
19%
1st preferred
non-cum
Preferred
1,400
17
13%
30%
*
10%
101'A
*93
30'A
11
16 %
25
50
—
4%. non-cum 2nd preferred
Real Silk
40
60
94%
94%
10 3/a
92
72%
*18%
X16 3/4
73/4
91%
"
'
*
19%
A
Xl01%
96
7%
16%
943/a
173/a
*94
*59
*18%
102
92
61
*58%
10%
17
*1013/a
*111
Inc
preferred
4%
:
10
114%
115
No par
1
Reading Company—.,
100
:
8%
17
102V4
7%
*7%
8>A-
16 ¥a
171/8
■
?
*111
$2
200
19
115
Corp of Amer
Rayouier
200
19V4
*101%
*95%
*7%
.
16%
i5y8
9%
*30
59%
*18%
10
*373/8
38 3/a
30%
38 %
59%
I
97%
10
163/4
17Va
30%
61
61
16%
97
17
38
*30
7%
7%
*111
94V4
16%.
*92%
•/
163A
61
61
19
38
*293/4
115
120
15%
*181/2
16 ¥4
*37 Va
700
115
*115
61%
17
*7%
8>A
2,730
:
■
30
30
883A
*30%
38
*37¥a
30%
*7%
8%
*115
■r
7¥b Apr 24
85 Va Jan 27
1,400
911/4
8 34 Apr
69% Jan
No par
$3.50 conv 1st preferred—No par
Radlo-Kelth-Orp" "urn
_1
6% conv preferred-.
-—100
1,500
8%
90
8¥b
Radio
38,800
75
*74
75%
75
9¥a
No par
__1
5¥a May
9
32
73/4 Mar 13
THE COMMERCIAL & FINANCIAL CHRONICLE
2430
NEW YORK STOCK
Saturday
Monday
June 8
JuneS
S per share
8
i per
8
*45*4
6
June6
June?
$ per share
Friday
the Week
$ per share
$ per share
$ per share
Par
Shares
7%
*7%
7%
7%
46%'
7
Jan
*45 %
7%
46%
9
46%
*7%
*45%
300
*45%
Jan
3
5%
5%
5%
5%
5%
5%
1.100
5% % partic preferred———*.50
Telautograph Corp
5
42
5%
4% Jan
12
6% Feb
10% Mar 29
45% Feb
7
11% Jan
5
50% Jan
10
41%
Jan
6% Mar 27
3y8
Jan
13% May
53% July
6% July
7%
Talcott Inc (James)
i,
11
11%
10%
10%
10%
11
10%
10%
X]0%
10%
1,200
Tennessee
47 %
48
47%
48%
X46%
47%
46 %
47%
7.400
Texas Co
5%
5%
5%
5%
5%
5%
5%
.5%
5.800
Texas Gulf Producing
5%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34 %
34 %
18%
18
18%
17%
18%
17%
18
17%
17%
3.500
10%
10 %
17%
10%
18%
10%
10%
10%
10%
10%
10%
10%
10%
5.000
22%
*21%
21%
20%'
21%
20Va
21%
*20%
20%
20%
20%
21%
21%
*20%
21%
20%
2iy4
20
20%
20%
20%
*54%
55%
55%
55
55
55
55
112%
54
112%
7%
.
112
46
*55
54 Vs
*7%
8%
*45%
*44%
46
5
*12
12%
*12
12%
12
12
r*ll%
12
*11%
42%
42%
42%
41%
42
42%
42%
*42%
43
2%
2%
*2%
2%
2%
2%
2%
2%
20%
20%
20%
*20%
*20
20
20%
2%
21
20% '
15%
15%
14%
15%
15
15%
15
15%
107 %
107%
107
107%
107
106%
107
28 Vo
28%
28%
28 %
28%
29
28%
29
40%
'46%
46%
46%
46
46%
47
47
46%
91/4
9%
9%
9%
4%
4%
4%
4%
94%
10%
10%
10%
10%
17
16%,
17
16 %
16%
24%"
25%
25%
*102
103
31%
20%
15%
700
1.700
1,000
;
.
15%
8,000
18
July
13% July
28% July
'. Thatcher Mfg Co___
—Na par
$3.60 conv preferred——No par
12% Jan
13
50% Feb
4
56% May 24
5% Jan
6
i 9
31
113
92
Co,,,——,—I,"———1
7
,
Preferred
Thermoid
T
J—
_
Jun
47% Feb 23
6% Feb
11% May 25
32% Jan 10
,43y8Jun
18% Mar
3
29% Mar 14
Jan
Dec
26% Jun
9% Jan
94% Jan
8% Jan 13
9% Mar 17
6%' Jan
3,200
17% Apr 25
12% Jan
5
21% Mar 16
15% Jan
14% Feb
11%
14
14
4%
18%
14
Transue & Williams Bt'l.—-No par
Tri-Contlnentai Corp,,——
900
4
4
.11.300
10%
: 2.300
24%
24%
31%
'24%
32
*101%
31%
*102
103%
24%
70
7%
7%
7%
6%
6%
6%
*97%
98%
96%
97%
95
96%
94%
94%
93%
93%
10%
10%
10%
10%
10%
11%
11%
11%
11%
12
11%
11%
26.500
5% Jan
,
69
15% July
103% May
34% Mai
50
6%
Jan
July
10% May
25% July
16%
Apr
4% May
Jan
;
90
May
9% May
Jan
12%;
Jan
25
Jan
99
;Nov
102
5
4
8% Jan V 6
Twin Coach Co——
Mar 25
67
25% JUn
,
.4,
Jan
1%
5
32% May 22
103% Apr 11
8% May 5
4
.•
68% Jan
preferred,
7%
Jan
,
,17% Mar 21
3
;
Jan
Jun
11
1
21% Feb ,17
100.
130
7
96
3
,
Twin. City Rapid Transit—a. -No par.
1.100
'98%
4
,
28 % Jan
100
54,50 prior pfd,——-No Par.
n7%
6%
8% Jan
-No par :
"
$150 preferred—,,
3,800
*
4% Mar 13
4
Jan.
15% Mar
20th Cen Fox Film Corp—,. .No par
13.900
f
32
103%
3% Feb
85
Rayon Corp.——
Tubize
24
Dec
-
-No par
$6 preferred—.——,,—
Truax-Traer Corp—— No pur
500
16%
95%
*95
96
23%
40%
25
/
Jan
2
18%
July
Mar
5
19%
15
3
Transcont'l & West Air Inc,
49% Jan
Sep
6% May
34%
Transamerica Corp,————
43% Apr .24
Oct
May
16
15% May 19
107% May 29
3
Jan
49
Jan
5,100
25
July
9%
26% Feb
1% Jan
23% Mar 21
100 % Jan
8
95
Jan
8y8
8
2
6
.
3
Maris
Feb, 3
13
—
,
33 V*
11
13% Mar
3
4
Jan
11
4
14,
Oct
53% Dec
Jan
4
19
Jan
Jan
Jan
,2% Jan
52
Jan
2
6%
35
8% Mar 20
4% Jan .19
Third Avenue Transit €orp._No par
,25
Thompson (J R)
i—,
-No par.
Thompson Products
Thompson-Starrett Co— .No par
$3.50 cum preferred.;— .N( par
—10
Tide Water Associated Oil—
$4.50 conv preferred-.,—--No par
1
Feb 16
May 9
Apr
43
,10
$3 div conv preferred—.
Jan
22
"2.500
*97%
-
—No par
——,100
The Fair
16% Nov
9%
10
7
26% Mar 21
47 %
16%
*6%
4
9%
10%
7
17% Jan
47%
16%
32
Hy Co—,——,100
Texas & Pacific
Jan
47
16%
24%
7%
23
10
Timken /Detroit ••Axle,——
Timken Roller Bearing—_-No par
4
103%
41% July
8% Jan
11% Mar 18
380
*10%
31%
Dec
19% Mar 16
9
3,300
10%
24%
33%
4
8% Feb
10
2b %
9%
Apr
5% Mar
8% Jan
105%
16%
*102
Jan
28%
16%
321/4
35% Feb
Jun
45
Jan
3
105%
*95
'
103
*101
103
.
20%
15%
500
;
96
24%"'
24%
25%
32%
32
32%
32%
*101%
2%
*10%
10%
17
*10%
12
42%
2%
35
11
14% Feb
,
1.100
19
8%
5% Jan
6
Mar 1,7
28%
*13%
4%
*95
i
19
13%
4
4%
96
96
,
11%
9
19%
13%
13%
3%
:
96
96
19
5
42%
Xl05% 106
9%
9%
9%
19%
13%
14
13%
14
14
94%
9%
19
18%
18%
18%
*18%
107
46
20%
,
4,200
32% Apr
—No par
8% Mar
49
28
Texas Pacific Land Trust,
30
7%
5
4% Feb
No par
Texas Pacific Cpal & Oil
■.
100
2%
X28%
*15
510
8
*4%
11%
*42i/8
3,600
Corp————_—-5
,25
(The)——
Texas Gulf Sulphur
.
v
1,700
.
21%
*44%
4%
4%
5%
5%
*
55
7%
46
/2.300
-
112
*109
7%
*44%
5%
5
5
112
7%
46
20%
*54%
*7%
8
*109
7%
*44%
46
*7%
112
7%'
7%
5
5%
8
*109
112
x7%
7%
,
*7%
8
*109
112
7%
: 7%
•45%.
1
*7%
7%
Highest
$ per share
46 %
47%
7%
$ per1 share
$ per share
5%
5%
•22
share
*7%
*5%
10%
Year 1943
*45%
7%'
48%
5%
•18
$ per
Lowest
Highest
5%
*5%
11%
48
Range since January 1
Lowest
EXCHANGE
48
•11
.
Range for Previous
STOCK
NEW YORK
Sales for
June9
June8
46%
*7%
*46
46%
6
STOCKS
Thursday
Wednesday
Tuesday
,
share
RECORD
AND HIGH SALE PRICES
tOW
Monday, June 12, 1944
2
12
May
4%' Jan
5
Jun
;
8
Jan
6% Jan
24% July
34% July
101
:
Oct
9% Jun
77%
Jun
11% Jun
u
57
58%
*57
57
57%
57%
*57%
57%
57
57%
10%
10%
10%
11
10%
11 Vs
11
11%
10%'
11
11
79%
79%
79 %
80
79%
80%
79%
80%
79%
80 %
79%
11%
80%
58%
*57%
*115
116%
*115
*113
113%
18%
18%
108%
107
96
108%
96
96
18%
*116
116%
113%
*113%
113%
113%
116%
113%
18%
*113% 113%
18%
116%
*113%
116%
*115
18%
18%
18%
18%
18%
95%
95%
26
26
26%
26%
26
26%
26%
26%
26%
27%
26%
102%
*102%
25%
103
103%
103%
X25
25%
103%
*103% 103%
102
24%
24%' 25
112% 112%
113
*20%
26 V'4
113
113
21
64%
64%
*112%
65
24
64%
*23%
24
*23%
24
24
25
34
1%
1%
1%
34 %
33%
•
1%
1%
1%
9%
9
28
82
-
59%
7
57%
.
J,
*'
8%
-
15
57
59
9
.
a
8%
33%
34%
*34
28%
82%
82%
82%
82%
82%
82%
1%
1%
>27%
1%
/1%
1%
1%
1%
1%
5
9%
16%
75%-
■
*
75 %
74%
175
*174%
5
27%
"27%
174%
12
*47
12%
47%
*37%
37%
37%
6%
6%
6%
*46
47%
22%
22%
22%
112%
,*111%
5%
5%
5%
103
5
5
1
United Electric Coal
United
1,90.0
71,800
14%
10,600
32%
W i
5%
1.700
10
6.200
104
2.200
76%
76%
76%
76%
77
1,600
12
175
12%
174%
*174
11%
*174
11%
12
*46%
47%
36%
36%
36%
36%
6%
6%
6%
6%
6%
47%
*46
;
174%
Paperboard
$6 ,1st preferred,
47%
36%
36%
1,700
1.200
U S Leather Co
22%
22%
22%
22%
22%
*111%
112%
*110%
113%
*110%
113%
5%
6%
5%
6%
6%
6%
23
*32
43%
1%
*40
55%
71
52%
125%
126
23%
23%
52%
51%
3%'
4
57%
*71
72%
52%
53
51%
Partic &
2,900
Prior
——No
23%
*46 /
3%
3%
.
3%
16%
4%
34%
*165%
70%
167
3
*34
.
94%
.
*3%
?3%
46 %
2%
47'%
48%
138
9%
9%
33%
*41
9%
1.400
33%
33%
43%
*42%
15%
4
35
69%
69%
*165% 167
*37%
38
U S
38%
r
■
1%
2,800
6.600
iU'O
700
56
56%
72%
56%
*71
'*71
72%
200
■
52%
51%
52%
51%
52%
127%
127%
127%
127%
127%
2,600
23%
23%
23%
23%
46%
3%
2%
23%
46%.
*46
23%
*46
46%
*45%
3%
*3
3%
2%
*2%
*90
95 '
*15%.
16
*15%
*3%
4
3%
*34
34%
.
*69%
*165%
70%
167
*90%
*34
69%
*165%
■
*3
*2%
2%
94%
*92
16
*15%
3%
*3%
'
35
15%
167
1.200
4
*34
70%
*165%
140
*19
18%
19%
19%
19%
*18%
19%
*18%
19
*10%
10%
10%
10 V2
•10%
10%
*10 ~
10%
*10
10%
42%
42%
*117%
120
*117%
13%
14
13%
42%
43%
I 42%
42%
*41%
43%
*117% 120
120
13%
42%
♦118%
14
13%
13%
43
43
13%
42%
42%
-
120
*41%
*118% 120
13%
1,600
.
*41%
42%
*118% 120
>2'/a
13%
13%
.
300
200
2.000
42%
1.500
82
*77
82
*77
82
*75%
82
*42%
*75%
82
*75%
82
*79
85
*79
85
*79
85
*79
85
*79
85
*79
85
23
*22%
4%
23
*22%
*4 Vs
23
4
58
57%
59
'*22%
23
23
23
f
*4%
4%
4%
4%
*58%
59%
57%
58%
114%
114%
114%
114%
*45%
47
*45
38%
38%
*38%
*33%
33%
*33%
47
39
33%
*22%
'4
<
57%
114
45%
*38%
33%
23
4VS
58%
114%
48
39
33%
23.
4
*57%
43%
42%
4%
57%
500
4%
1,600
.7.200
114
114
X114
114
114
114%
1,060
*46-
48
*46
48
*46
•47%
110
*38%
33%
39
33%
*37%
33%
39
*37%
38%
33%
*33%
33%
*113%
119
*113
119
*113
119
*113
119
*1*3
119
*113
160
*143
160
*143
160
*143
160
*143
16Q
*143
.
800
119
*143
100
160
Jan
6
6
23% Nov
35
60% Mar
76%
Sep
2% Jun
2%
Dec
2% Jan
15% Jun
8
Inc,'—
39% May
104% Feb
3
10% Mar 18
4% Jan
13% May
1
84% Jan
99% Dec
21% Feb
17
9y8, Jan
Jun
9
.59
Jan
Mar 13
168
Dec
181%
Apr
Jan
10%
Oct
12% Jun
7
48
Feb .10
73
Jan
29 y8
Jan
37% May
Jan
Jan
42
July
44% Jun
11/Jan
25y4,Jan
101
Jan
62
May
Jan
74
Nov
47%
Jan
112
48% Feb ,23
42% Jan
3% Apr 29
4
4
Jan
.
59 Vt
150
Jun
Mar
Apr
3
May 31
7
4
Feb
9.
113% May; 5
3
Oct
88
Oct
Jan
Jan
Jan
8"%
Jan
20% July
6% July
41% July
75% July
165% Nov
25% July
12% Feb
37%
1201
Oct
Oct
40% Dec
44%
51
Jan
57
-
Feb
65
Aug
67% May
Oct
23% May 29
5% Mar 24
20% Nov
2% Jan
26%
62% Mar 24
39
Jan
68% July
117% Mar 21
115
Dec
•
38% Feb 17
52
38% Mar 20
33
Apr 19
39% Jan
15
34% Jan
6
Mar
7
Feb
6% July
X123
Aug
20%
Jan
45
Oct
27
Jan
40
Oct
29% Jan
102
Jan
4
115
May 17
*49
Feb 14
154
Feb 28
Jan
113
«
35% Sep
110
Aug
Jan
80
.100
i——J—
Apr
50% Aug
3% July
Jan
25% Jan
115
Mar
8
73
Feb
29.
1
80
21% Jan
59% July
July
125
.Jan
15%
11% Mar 17
14
Jan
13% Dec
2% Nov
30% NOV
21% Mar 16
43% May 12
118% Apr 25
47
4
'
%
56
16
15
52
.100
Feb
Feb 25
Feb 11
63%" Jan
70
6
169
4
12% May 15
41% Jan 25
4
75
Apr 27
Mar 20
116% Jan 28
*
,
Jan
1%
J17% Jan
6
4% Jan 18
36% Apr 10
4
.
Jan
Dec
Jan
64%
20% NOV
3
3% May
46% Sep
130
46
24
94% Jun
Oct
Jun
29%
7
5
19% Apr
114
32
55%.Mar 16
13
44% Nov
X42% July
7% Apr
8% July
24
.
Oct
9%
24% Jan
Jan
July
8% Nov
i. .,25
.100
——
•6% preferredl—Vulcan Detinning Co,
Jan
2% Jan 20
3
Jan
19
75%
4% Nov
Mar 13
48% Jun
May 18
9% Jan
4
Jan/3
Victor Chemical Works—,,— .—5
Va-Carolina Chemical ——No par
Preferred
13%
8
142% May 18
58% Jun
0
May .25
37
—5
Va El & Fow $6 pref
—No par
Va Iron Coal & Coke 5% pfd—. .100
.,25
Virginian Ry CO
—-
34
39% Jun
.
Mar 6
39% Mar 18
7
17% Jan
2.50
.100
div partic preferred
5%
127% Jun
68
preferred—
a—— .100
Vertientes-Camaguey Sugar Co. -6%
.„5
Vick Chemical Co—
—^
Vlcks Shreve & Pac Ry--———. .100
8%
2
,46
2
3% Jan
1
—No par
preferred
9% Jun
13
2'A Apr
1st
non-cum
,
Feo
Jan
14% Jan
Dec
5"% Apr
104% Mar
108
76
,
29% Dec
100
4
4
Jan
Feb
Apr
3
,
24
May 20
112% May 31
6% Mar 23
100
—
Dec
3% Jan
3
31
Van Raalte Co Inc
16%: Jan
99
Jan
162
—,—-
3
21
Jan
-No par
—No par
Vanadium Corp of Am
:
5% Mar 16
10
9% Jun
8
2% Jan 28
—
preferred—
3
44 y2 Apr 26
,
-—,1
—5
Van Norman Co,;
5%
58%
5%
Dec
May 26
4
22
preferred
Universal Leaf Tob—
7%
13%
•77
conv
Universal, Laboratories
8%
167
July
Jan
50% Apr 19
xll9% Jan 27
—No par
Universal-Cyclops Steel, Corp
,-1
'
66
35% Sep
10% Apr
52% Feb / 7
—25
ipreferred,
Stockyards Corp
Preferred
35
*69%
70%
$6
200
Jan
Jan
30
40.
—No par
—
United Stores class A—
100
•
J.—.
—No par
;a—100
non-cum
United
•5.100
2%
Corp
Preferred
7%
93%
9
38%
7% May 27
./ 69
—
U S Tobacco Co
600
96
May 20
39% Mar 13
-50
U S Steel
1,400
,
3%
15% Sep
Dec
Jan
19
130
Jun
May
Jan„
Jan
1
t
to.
2 Va
7%
77
preferred——100
Smelting Ref & Mih——,50
Preferred
22,500
127;%
10%
42%
U S
2.100
Jan
2%
,
1st
non-cum
Jan
Jun
69% Jun
x26
94%
35%Anrl8'
No par
UO-JA—-i-
4^1 UUUwi
8%
tt
17%
16y8 Jan
—i.,1
tU S Realty & Impt_
47%
137%
1%
47%
19%
43
600
18% Jan
22% May
114
1
30% Apr ,19
40% Jan
3
—
Jan
83
Pipe & Foundry————20
Playing Card Co—
ulO
:q Plvw^nd Corn
*136
1%
48%
138
10%
*41%
tt
Jun
33% July
29
—,10
57%
1%
47%
19%
19%
US
43%
114%
May
15% Jun
5% Apr 24
8% Jan 25
—
Oct
28% Mar
101% May 3,1
7% Jan 17
180
110
97
40
25
Mar 28
5
1
-
55%
1% Feb 26
Jan 10
42
1.6
Jan
109% Jan
34 V* Apr .24
par
Oct
36% Jan
9
8y2Jan
—No par
cl A-
conv
Preferred
800
33%
-
38
*136
9%
21
70
preferred————100
U S Lines 'Co
29,200
51%
126% 127%
23%
15%.
*69%
70%
167
*165%
*57
71
,
94%
*34
35
*69%
58%
71
3
4
4
*34
55%
*15%
16%
*15%
56%
95
2%
95
1%
*136
*90
3
3
*91
*1%
'
48%
136 %
46 %
*46
3%
*3%
1%
38
47%
126
23%
47
*45%
1%
33%
43%
38
136%
48%
138
*55%
125%
33%
*41-
43%
38
9%,
71
47%
*135
72%
*71
1%
9%
33%
38
38
1%
48%
137%
55%
33
43%
38
1%
47"%
136%
33%
*42
38%
38%
9%
32%
33
*42
9%
9%
*9%
9%
Jan
170
v
*9%
5
19
Feb
14% Jan
U S Industrial Chemicals—No par
6%
114%
22% July
102% July
5
.
97% Jan
.
————No par
U S Gypsum Co,
,20
7% preferred.,
1—:.—,—100
U S Hoffman Mach Corp
5 % % conv preferred—-—50
*46%
6%'
Jun
7% Feb
—No par
Feb
Apr
6
28% Jan
4
Jan
xll8
12
98% Jan
—10
U S & Foreign Secur——;—No par
; 3,400
6%
23
5%
—
U S Freight Co_
350
11%
14
—13%
ill!lioo
preferred/.—
180
15%
76%
18
1% Jun ; 3
United Merch & Mfrs Inc—
United
270
5
.
Jan
July
6
Jan
75% Jan
United Gas Improvement——No par
3,000
,
103%
8
Jan
11%
59% Jun
26% May
—No par
—.
93%
17%
14
26
5
Feb
79%
11
Jan
..
Jan
59-
86% May
Mar 25
Jan
45% Apr 19
Cos-
United Fruit Co
82%
1%
6
Engineering &iFdy_ ill——5
1,000
15 %
10
103%
22
12% Apr 18
95:% Jan
4
par
1
—100
—
3,600
28
-~No
Jan
68
Mar 23
/ 31% Apr 19
Co,—,;—
United ;Dyewood Corp,—Preferred
310
8%
Drug
$4.75 preferred
300
15%
47%
22%
,
United
7.400
57%
preferred———— —No pa'
$3
"3,800
7
—No par
United Corporation
Feb
113 % Jan
3
—-.
,
15%
80% Jan
May 5
Apr 25
27% Mar 16
113
4
iy8 Jan
15%
10
20 % May
par
106
.
3
*103%
104
—No
Co,—,
Jan
10%
10
100% Feb 24
22% Apr 18
102% Jan 19
22
*111%,,112%
112 %
5%
32%
33%
103%
36%
6%
22%
*111%
32%
24% Jan
X24% Nov
United-Carr Fast Corp—, —No par
103%
15 %
174%
12
36
14
9
30% Mar 13
400
9%
15%
75%
11%
*46%
37%
*6%
5
174 Va
75%
12 %
%
12
103
5%
*27%
15%
28
Jun
25% Jun i
105% Jan
19% Mar 17
5
103%
10 %
16%
174
174%
31%
104
15 y4
33
103%
*5,
5
*103%
75 %
103
103%
9%
10
9%
103% 104
15%
15%
104
16 %
103
5
*4%
10
*103%
33%
33%
34
" 104
*103
104
5
8%
9
28%
82%
98
6
—No par
May
15 Vs
'
56%'
27%
14
*103
15
57%
1
6
——
61
101%' 101%
7
92% Feb
26
100
hon-cum preferred-;-
11—100
12.700
7%
Jan
110
United Biscuit
17,600
15
113
3
110
1%
101%
116% Apr 14
113% May 26
5
100
5% conv preferred-.—%
—No par
United Carbon Co
34%
Jan
3
5% conv preferred,,
300
1%
Jan
9
93% Jan
25
*23%
42
x76% T)ec
18% Feb
-
1,600
33%
7
19
65
64%
1%
101%
7%
Feb
United Air Lines In<?—— ,—1—10
—100
4 Va %
preferred—
600
34%
1%
llJ/4 May 18
82% Jan
6
109% Feb
:4%
800
:
113
United Aircraft Corp—
16,200
113
59% Mar 28
7
25
Union Tank Car
*112% 114
25
34
101%
9%
9%
28
81%
;•
10
.
76% Feb 25
100
Union Pacific RR Co—
10,900
*20% ,v21 %
21%
-65%
*23%
14%
101%
7%
55
55
9%
82%
14%
101%
7
14%
6%
28%
82%
*9%
*28
15 Vs
*101
15%,
*53
*53% -54%
'
34%
*6%
6%
«
25
*112
114
65
1%
33%
102
*101
102
*6%
.
15
15%
15 Vs
*101
1%
34%
1%
1%
96%
103%
25
112%
*20%
114
*23%
*63%
34%
112%
64%
21
64%
1%
26%
113
*112%
21
*20%
*112% 114
114
*63%
34%
103
96%
1
21
*112%
20%
.
24%-
95%
Jan
9 % Feb
.
Preferred $4.50 series—. -No par
Union Oil of California—_
2.400
27
24%
26%
~50
3,000
3,300
1,600
107
26%
103%
114
106%
96%
108%
6,200
18%
26 %
26%
20%
18%
26
26% ij.^26%
26%
*112%
106%
*95 %
113%
9.2O0
116%
113%
95
26%
26%
113
109
*116
25%
26%
*112%
108%
106% 109
108%
96'
*116
•
5lV4
-No par
Under Elliott Fisher Co
Union Bag & Paper.—— -No par
-No par Union Carbide & Carh.
Union El Co of Mo $5 pfd, -No par
800
J
150
Nov
/
W
51
*50%
*50%
50%
12
*106
12
12
29%
12
*29
28%
28%
109
*106
109
50%
*11%
28
*106 '
50%
12
28%
108
50
'50
49
49%
49%
800
12
*11%
11%
11%
11%
28%
*28%
28%
28%
28%
106%
106%
*105%
109
*50%
51%
50%
51
12
*28
*105%
109
;
-
Wabash RR 4%%
800
Walgreen Co
100
"
51%
*51
*18%
8%
For
18%
8%
footnotes
51
51%
*18%,
8%
see
51
51%
50%
50%
18%
*18%
1834
*18%
18%
*18%
18%
*16%
8%
8%
B%
8%
8%
8%
8%
8%
1.600
18%
8%
•
page 2431.
100
40
Waldorf System
600
49%
10.200
preferred
—No par
—No par
4% % preferred
100
Walker ;(Hiram) G & W—No par
Div redeem preferre<}—No par
Walworth Co
—
—No par
Jan
3
59% Mar 13
24%" Jan
40%
Dec
'
8
7%
flan
11% May
May 25
20%
Jan
28% July
10% Jan 19
•
12% Mar
26% Apr '
30
l
105% Mar 27
48
Feb
4
17% Jan 12
7% Jan
3
106% Apr 13
103
Feb
109
Jun
Mar 31
38%
Jan
54% Oct
18% May 26
15%
Jan
9% Mar 17
4%
Jan
18% May
9% Jun
53
Volume 159
4289
Number
THE COMMERCIAL
FINANCIAL CHRONICLE
&
2431
NEW YORK STOCK RECORD
LOW
Saturday
Monday
JuneS
June5
$ per
share
9%
9%
1%
591/4
■
$ per
1%
*1%
59 %
*58
9%
1%
57%
9%
58%
.
$ per
10
*1%
10
EXCHANGE
share
per
*9%
1%
1%
*57%
58
NEW YORK STOCK
the Week
i, $
share
*9%
1%
58
Sales for
June 9
JuneS
$ per share
58%
1%
13
12%
12%
12%
12%
12%
12%
12%
12%
12%
12 y2
27%
27%
27%
27%
27%
28%
28%
28%
27%
28
23
23
23%
*23%
*23
*23
23%
17%
16%
*271/4
27%
8%
8%
8%
22%
8%
*22%
231/4
*80%
24%
82
24%
24%
24%
*88
88%
88
.
i;
102%
1021/4
*92
*92
931/4
*116%
22
21%
04%
22
7%
,
23
23 :>■-
88%
88%
88%
88
88%
88%
88%
V
26%
27%
26%
23%
24
23%
99%
99%
99%
108 %
102%
21%
21
*107
107%
30%
31
3%
4%
*10
12
4
11%
27%
26%
26%
23%
23%
23%
99%
IOO1/4
98%
136
.*134%
*32
27
27
109
109
109%
102%
102
102
108%
108%
*108%
102%
1021%
102%
West Va Pulp & Pap Co
160
4
:
1.900
4
6%
10%
13.000
26%
26
26%
3.800
23%
23%
23%
3,600
98%
99%
5,000
136
*134%
32%
*32
32%
27
*26%
27
109
109
X102
102
800
' 27
109%
101%
180
102
*109
560
69
79% Nov
Jan
8% Jan
20%
Dec
50%
67%
Jan
85
Aug
Jan
99
96% Mar 23
57
Jan
117% Jan 10
109
Jan
Jan
3
16
3
1
i
1
22% Jun
J07
Apr
6
4
103
Jan
32% Jan
5
19
Jan
103
100
Feb
3% Jan
«•
103
7
7% Jan
41
21
x91
7
11% Jan
2%
Mar 22
16% Oct
Sep
31% Deo
6 % Apr
11% Apr
49% Oct
Jan
37% Oct
29% Mar 22
22
24% Mar 13
Jun
1
Apr 24
81
Jan
100
136
Jun
40
July
7
8
136
Nov
24%
15% Jan
101
8
120
35
Mar 16
31
Jan
29
Feb
16
22% Nov
109% Jun
7
106% Jan
32
Jan
105% Jan
12
101% May 26
Jun
Deo
24% May
Jan
4
25% Jan 13
127% Mar
•
Jun
110
Jan
5%
5% Mar 22
Oct
87% Oct
119
50% Mar 22
10
Feb
Jun
14
3
Feb
22% Jan 20
-
1st partic preferred—........50
Weston Elec Instrument——12.50
Westvaco Chlorine Prod
—No Par
$4.50 preferred—.
No par
$4.25 preferred
—No par
100
32%
26%
17% Jan
24% Mar 17
83
Apr
5
25% May 31
90
May 2
16% Jan
100
Dec
July
8% July
26% July
26% Apr 25
No par
3 2%, Apr
23% Sep
2% Jan
113% Apr
Westlnghouse Air Brake—.—No par
Westinghouse El & Mfg.——.50
20
138
*32
"
% Jan
96% Feb
85% Jan
.—10
;
15
"
4% non-cum 2nd preferred—.100
Western Union Teleg class A-No
par
Class B-l——No
par
100
46%
Dec
9
83
100
preferred—
Western Auto Supply Co
Western Maryland .Ry
1.000
10%
45%
pfd
3
22
7
18% Feb
—
preferred——.. ..——100
West Penn Power 4%%
4,600
100
136
32
21
107
56%
46
136
*134%
32
27
21
11%
26
23%
100%
46%
6%
60
340
107
4
*10%
46%
•i
93
116%
30% ; 30%
31
47%
46
160
6
,22% Jan 20
.77
Jan
6
...
....
Jan
6% Jan
par
West Indies Sugar Corp.
1
West Penn Electric class A__No par
7% preferred——.—.
...100
250
102 %
116%
21%
107%
30%
32%
27
108%
*21%
*107
27
*32
*101%
4
*11
136
92%
1161/2
4
24
*134
92%
*116%
30%
.
26%
32%
*92
92%
116%
100
11,900
!
——No
Wesson Oil & Snowdrift-—.—No par
$4 conv preferred.
.....No par
700
82
102
921/a
107%
30
23 %
*81
103%
,
116%
22%
*107
12;
*102
92%
21%
•
30%
103
116%
46%
27%
26
22%
46%
136
20%
Jan
Webster Eisenlohr
4.800
r
81%
471/4
27%
Jan
23%
4%
*32
12%
17%
22%
*11%
*134%
4
May 18
8% Mar 22
*80%
4%
100%
7
19% Jan
*22%
12%
24
23% Jan
28
24%
102%
July
15% July
7% Jan
15% Apr 25
-
8
*22%
May
2% Mar
56
23
801/2
.
Mar 13
Jan
Jan
Wayne Pump Co......-
23%
'101
14
28% Jun
13
Jan
%
26
Waukesha Motor Co—„ ..........5
23%
•
11% Apr 24
22% Apr
4%
Apr
3
May 18
800
8
23
25
2
62
200
23%
46%
26%
8%
8
22 Va Apr
9
27
1.700
80%
*11%
100
8
19
11% Mar 31
27
Jan
17%
'23%
16%
*27
24%
116
4%
17
27
Jan
1% Feb
Highest
$ per share
27%
23%
23%
27
82
92%
'i
107
30%
8%
'8
101
93%
21%
30%
.30%
*16%
8
45
per share
Warren Fdy & Pipe—, —No par
Washington Gas Lt Co.. .—No par
88%
t
1161%
107
107
107
'
17
27%
—No par
—No par
class B.
14.900
Tear 1943
Lowest
$ per share
$ per share
$7 preferred
... .^—.—50
Warner Bros Pictures
.....5
1.200
23%
1
102%
116%
116%
17
27%
*80%
82
101%
*23%
17%
27%
23
88%
22%
*80%
■
23%
16%
27%
16%
27%
Ward Baking Co cl A
700
600
27%
27
Par
900
10
12%
Range since January 1
Highest
Lowest
Shares
57%
1%
57
27%
*16%
Range for Previous
Friday
Thursday
June 7
share
9%
9%
STOCKS
Wednesday
June 6
share
9%
1%
1%
*■58%
$ per
AND HIGH SALE PRICES
Tuesday
July
29% May
112%
Jun
102% May 27
'
*63
65
*101%
64
102
23
76
76
75%
76
75%
V
20
20
6%
6%
75
19%
;:V
75
10
27%
8%
8%
9%
9%
-V.
*60%
64
*101%
102
23
22%
22%
X74%
75
*74%
75%
102
i
.
:
8%
i
570
20
*19%
19%
20
20
1
27%
X25%
26%
25%
26
\ 19,500
9%
9%
9%
9%
9%
10
6.500
6%
6%
6%
76
6J/a
6% ?-■
7%
6%
77
78
78%
78%
80
*26%
27%
26
26%
26%
8%
8%
8%
8%
*8%
8%
9%
10%
9%
10%
10%
10%
300
V
74%
74
,
<
.
xl2
12%
16
16
Xl2
12%
9%
9%
88%
*12
12%
9%
88%
'
*123
38%
20%
39
».,«
•
12%
13%
13%
13%
13
12%
13%
13%
13%.
13%
14%
f
9%
9%
9%
9%
9%
88 %
*87%
88%
*88 %
88 y8
*12
12%
12
*123
9%
*123
Mar
60
Apr
85
Jan
99
Oct
18
Jan
76% Jun
58% Jan
24% July
71% July
12%
!'
Motors
$6 preferred
Wilson-Jones
100
20% Apr 19
15
20
27% Jun
20%
20%
20%
20%
20%
20%
38%
39
1
39
38%
39
38%
38"%
:
5
•
13% Jan
7% Jun
Jan 26
Feb
3
2%
Jan
22% Aug
10% July
7% Oct
Jan
86
X20% Jan
27
9
May 31
9% Apr
5
11% Jun
9
Jun
Jan
9
Jun
27
Jan
3%
6
Mar 23
80
40
Apr
Oct
2% Jan
6% July
2Va Jan
9%
Jan
8
Jun
14% July
1
6
16% Jun
2
12
Jun
5
16% Jun
2
8
Jan
80% Jan
3
4
88% Feb
10% Jan
5
12% May 31
19% Apr 27
36% Jan
3
-
15% Jun
ll7/8 Jun
22% Jan 25
17% Jan
24% July
39% Jan 22
30%
42 % July
10
pfd—..100
..10
Mar 10
10
'"
.•
...
4% Jan
:
9% Sep
Jan
86% Oct
9
Jair
11% Apr
115
Jan
57%
16
..
LlO
Woolworth (F W) Co—.
2
12% Jan 12
\
No par ~
...
11
Jan 27
4% Jan 14
No par
—;
Co
; >
,24
6
Woodward Iron Co—
900
5,300
7
1
Wisconsin El Pow 6%
20%
38%
7
—.5
.
Wilson & Co Inc...—
12,400
Feb
Feb
x64% Jan 24
conv preferred—.—
10
preferred (called)—
Conditionally called—.—
500
20%
.
52
67% Mar <22
103
7V4 Jan 24
par
20
....
6%
*123
"
—
!
18
20
*
6%
•
3,400
88 V4
*12
■
—
9%
88%
12
•
20
"preferred—.—.—No
3
20% Feb. 7
.66% Jan 28
-1
pref erred.J—
Willys-Overland
11,100
;
par
;
Wilcox Oil & Gas Co.—
179,700
14%
12%
12%
9%
8814
*12
20%
38%
.
..
12%
*123
*123
;
20%
39
V
12%
'
——
*20%
*12
._
—
11%
12%
-
88%
9%
*87%
"
— _
.16
conv
Prior
900
11%
10%
$4
'
»"
•'f—.
16
•
97% Jan
May 18
23% Jun
1
59% Feb 19
par
White Rock Mln Springs
No par •
White Sewing Mach Corp—
1
300
8
8
White Motor Co
9,600
210
26%
9%
•<
4,500
?■
26%
*19%
•
100
100
'
27 %
27%
Wheeling ft-Lake Erie Ry
5% % conv preferred
Wheeling Steel Corp——No
$3 conv prior pref——No
White Dental Mfg (The S S)
10
8
*26%
.20
:
102
*26%
74
8
9%
19%
6%
6%
6%
74
.
*26%
-
27%
9%
26%
9%
25%
20
25%
9%
9%
64
X22%
76
23%
102
23 %
*101%
22%
26%
26
*60
64
*60
64
*101%
23
■■■:
77
*19%
.
102
22%
23%
*76%
*60
64
*101%
102
23%
121
Jan
Dec
"
*28%
28%
28%
27%
,
*101%
"
*101%
loo
*90
*63%
65
*65%
66
*77
79%
——
100
*90
\
66%
66%
32%
32
*10%
10%
17
28
28
*27%
800
Worthlngton P ft M: (Del) ...No par>
1% preferred A
.—100
6% preferred B
—.100
Prior pfd 4%% series
100
Prior pfd 4%% Conv series
100
Wright Aeronautical—...No par
Wrigley (Wm) Jr (Del)
No par
900
Yale & Towne
4,900
;
'
''
—
*
*101%
100
*90
20%
101%
94
47%
*
—
*90
:
100
....
i
Jan
4
May 26
Jan 12
Jan
5
64
*63%
64%
63
66
*64%
66
69%
70 Va
*70
63%
71%
73
73
70%
70%
69%
70%
*70
71%
66 %
66%
66
66%
*65
66
*65
66%
32
32
32%
32
32
32
32
10%
10%
17%
36%
10%
10%
*31%.
10%
32
10%
16%
16%
64
66
66%
10%
*16%
27%
*101%
100
*90
76
66%
*31%
28
*101%
'
„
65%
65%
.75
.
27%
28%
100
*90
64
*62%
/
27%
*101%
10%
10 %•''■
10%
3,100
York Corp.
16%
17%
17V
17%
16% ^ 17%
3,300
36%'
Young Spring ft Wire—
No par
Youngstown Sheet & Tube..No par
5preferred series A—....100
13
63%
*62%
•
300
r
200
■
200
;
49
*
Jan
Jan
16 Va
1
27
Jan
104
Dec
100%
Oct
96
Jun
1
44% Jan
66% Jun
5
Apr 28
65
1)3% Apr 19
Youngstown Steel Door.
29% Jun
105
1
46
Jan
87% Mar 14
78% Deo
70
69 Va Jun
8
58
Apr 26
58 Va
Jan
12
Jan
;
25% Oct
149
Sep
134
Sep
54
Jun
57% Jun
108
Apr
70% Sep
l*j
36%
36%
35%
101%
101%
101%
15%
15%
15
38%
38%
37%
5%
5%
,
5%
36%
16%
35%
36%
36%
36%
102
15
15
15
15
15%
38%
37%
38%
38
38
5%
5%
5 Va
•Bid and asked prices; no sales on
5%
this day.
36%
6,100
101
101%,
290
15 Va
15
15%
1,600
37%
37"%
37%
2,700
5%
102
.
36%
37%
102
101 Va
15 Va
102
102
5%
5%
5 l/a
5,600
X101
5%
•
a Deferred delivery,
tin receivership,
Transactions at the New York Stock
n Netir Stock.
—
rCash sale,
s Special sales,
Week Ended June 9,1944
Bonds
Bonds
7,000
461,000
34,200
534,000
12,500
849,257
12,147,600
10,151,600
9,271,600
9,601,800
369,000
6,000
12,642,800
10,698,100
9,866,100
9,976,800
5,600,907
$53,184,800
$2,534,000
$124,200
$55,843,000
861,860
—
*
8,529,000
856,500
—
Jan
17%
8
3
Jun
2
3
5% Apr 17
-
y
538,000
56,500
Saturday....
Shares)
—
Wednesday
Thursday..^--...—
—
$255,000
178,205
'±i
Monday.
Tuesday.
Dometiio
107,655
224,365
269,935
140,725
—_u
101,243,401
S.
hooo
790,000
39,000
3,000
832,000
598,000
36,000
"s'ooo
634,003
491,000
$53,100
2,116,000
51,628,400
$3,319,400
49,425,500
1,386,391,900
Foreign
Railroad ft Industrial
—
Total—..
...
645,000
632,000
73*000
5,000
670,000
$3,383,000
$129,000
$17,000
$3,529,000
1944
$1,405,300
61,368,200
1,797,395,800
1943
Jan. 1 to June 9
1944
25,727,260
>■
1943
1,073,485
1,613,485
$3,383,000
129,000
$4,068,000
573,000
62,000
$84,473,000 $107,842,000
17,000
$3,529,000
158,648,358
$124,200
2,534,000
53,184,800
Government
Total
$257,000
19,000
622,000.
152,600
Stocks—No. of shares
5,576,260
Foreign
Corporate
$2,000
1,073,485
Total—
$4,703,000
$88,856,000 $116,319,000
40,032,852
Bonds
Bonds
U.
Exchange
Foreign
Government
486,000
1943
5,600,907
Stocks—No. of shares..'
37% July
4% May
Ex-rights.
Week Ended June 9
1944
1943
Nov
16% Jun
Bonds (Par Value)
of
Week Ended June 9,1944
Jan. i to June 9
Week Ended June 9
1944
41% July
98
19% Jan
2
Jan
39VaMarl6
x-Ex-dividends.
Jan
Jan
9Va Jan
16% Mar 16
3% Jan 19
July
3D
82
38% Mar 16
102
Jan
Stocks
$4,130,200
8,076,000
6
31% Sep
~7%
(Number
Sales
$8,000
1,788,760
Monday.
Tuesday.——.
Wednesday
Thursday.———
Friday
—
Jan
33% Jan
wd When distributed.
Bond
$186,000
446,000
$3,936,200
96
21% Jan
17% Mar
Daily, Weekly and Yearly
Bonds
385,540
858,990
Saturday.
Total.-
Shares
i
32% May 25
11% Jan 31
6
"9% Apr 25
14% Jan - 3
No par
Total
Government
foreign
27% Mar
il
Transactions at the New York Curb
Exchange
United States
Railroad
and Miscel.
...
.No par
X
Zenith Radio Corp
Zonite Products Corp.
Daily, Weekly and Yearly
Stocks,
Number oj
.25
Mfg. Co
—,
Domestic——...—
Foreign government
Total.
$53,797,500 $1,439,136,800 $1,860,169,300
$55,843,000
Stock and Dond
on
Averages
the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.;
Below
listed
are
-Stocks-
-Bonds10
30
20
IS
10
First
Second
10
65
Indus¬
Grade
Grade
Utili¬
trials
Date—
-June
June
.
3——
Rail¬
roads
ties
Stocks
40.19
23.10
50.92
142.34
Ralls
Ralls
ties
106.94
109.25
83.50
110.85
Total
40
Bonds
102.64
June
8__i
June
9——
50.61
106.99
110.80
102.53
39.80
23.01
50.74
106.86
108.80
82.27
110.80
102.18
.39.33
22.97
50.57
106.81
108.46
81.02
110.74
101.76
141.93
38.85
22.80
50.33
106.80
107.95
79.54
110.70
101.25
142.06
39.00
22.92
50.44
106.80
108.06
80.46
110.69
101.50
142.21
6——
June
...-■
39.85
:
22.98
trials
142,12
:5——......
141.62
Utili¬
10
Total
Indus¬
June
...
Foreign corporate.......
109.11
83.22
3,884,000
7,881,000
499,000
596,000
CHRONICLE
THE COMMERCIAL & FINANCIAL
2432
Bond Record
New York Stock Exchange
«»
FRIDAY
"and
Interest"—except for Income and
NOTICE—Prices
are
week,
WEEKLY
-
and
when
The italic letters in the column
Period
U.
8.
3%$
3'/as
Treasury
3s
Treasury
3s
A-O
J-D
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury 2s
Mar 1948-1950
Dec 1948-1950
-—
I—
Treasury
2s
Treasury
Treasury
2s____
—-Jun
2s
——
Sep
Treasury
2s
.March 1950-1952
Sept 1950-1952
___1951-1953
1951-1955
—1953-1955
June 15 1948
2s
Treasury 2s
Treasury
Treasury
2s
2s__
.
Treasury l3As
111.5
111.20 112.9
102.24
106.24
*109.11 109.13
•
__
10
elll.16elll.16
111.7
103.2
York
(Hukuang Ry)
*106.30 107
A 6s
106.18
*103.28 103.30
103.31
103.21
*100.1
!
w
100
100
100
100.6
100.2
*100
100"
•
100.9
/
100.6
*104.6
.
104.8
100.11
II
101.31
101.26
.
*101.31 102.1
*104.23 104.25
...
1
101.26 101.26
101.8
*101.9
101.11
2
100.30 100.30
100.5
*100.17 100.19
__
/
,
__
100.17
100.16
13
100.12 100.13
100.13
100.31
101.5" 10lll2
; 101.12 101.12
1946
1947
M-N
*40'/a
F-A
*39
(City)
Rica
external
debt
—■
wks 5 Vis
A Public
J-D
J-J
*107
1945
5s of 1914
4Vis
;
loan
F-A
.1977
1953
7s
of)
(Rep
(Republic of)
J-D
.1949
•
J-D
M-N
Czechoslovakia (Rep of)
8s ser
series sink fund
AEstonia
Finland
(Republic of)
(Republic)
7s
*100.30 101
J-D
1A 7s
,;;c-
Unification Issue—
Corporate Stock—
1980
108% 110%
94
109% 110%
109%
J-D
part
75
part
paid^
Haiti
(Republic)
f 6s series A
extl 6yas
s
to
AAssented
to
Nov.
120
2-2300
AAssented
to
Nov.
to
AAssented
Minas Geraes
York Stock Exchange
Teletype
NY
New York
Broadway,
J-J
M-S
1-1693
*_.
>
1947
AGtd
sink fund 6s
1948
A-O
4s—_1968
*57%
F-A
Af-8
1945
f 7s series B__
*
■*
'
J-J
s
f 7s
1954
5,
1942,
1945
Nov.
5,
1942,
Wales
f
1957
—1958
5s
fund extl loan
82%
92%
82%
92%
lAPoland
71
92
96%
A4V2S assented
M-S
9 6'/a
96
26
92
96%
AStabillzatlon loan
56%
71%
1956
of 1928
External g 4%s
M-N
100
M-N
99%
F-A
92
A-O
Jf-N
90%
—
.
21
100%
98%
99%
.
99%
92
40
91'A
100%
98%
103
.
91'A
88
Municipal Bank extl s f 5s
(City) sink fund 4Y2S
Oslo
(Rep of) gold 6s
External
s
.1955
59%
51
50
59%
56'A
57%
57
47%
57%
A-O
57'/a
J-D
56 y4
J-D
—1961
3f-S
1977
Af-S
1970
1976
F-A
A-O
1975
Jf-N
1984
J-J
1960
A-O
109
109
1961
J-J
105'A
59'A
af-8
58%
F-A
95
—
f $ bonds
3%s_.
30-year 3s
30-year 3s
25-year
96
1967
.1968
3s
A Chile
(City)
(Rep)
A 6s
AExtl
60%
102'/a
95
95
85%
32
72
85%
85%
86
13
72'A
86
17
73%
88
21
73%
A6a
62
15
50
109%
38
108%
105'A 106'A
2
104'A
—
3
101%-103%
102% 102%
6
101'A
103%
102%
Afiq
Feb
F-A
19%
1'6%
F-A
1961
35
16%
16
Vi
16%
w-
16'A
16%
1961
J-J
J-J
Sep
1961
M-S
1961
M-S
16 Vi
16%
16%
.1962
A-O
17'A
17'A
.1902
see
A-O
16'/a
16%
page 2436.
.
95%
94%
93%
2
94%
1
■
,
30
18
*100
97%
100%
99
97%
99
14
98
97%
97%
12
96
96'A
96%
96'A
3
94
96%
88
88
83
85
*87
'
—
'
A-O
85
85
•
Jf-N
2
94%
2
*94
Jf-N
■
J-D
1
.idel 38
M-S
23
J-D
88%
39'/a
-
2i%yaei 21%
A-O
__
59
19
19%
26
16'A
19'A
19%
16'A
17%
1
16%
030:21%
9
16%
25
102
16 y4
24'A
17
24'A
23
22%
3 9'/a
22'A
17
"7
*26
A-O
U%
A-O
4
A-O
23'/a
23%
*21'A
24%
*22%
25
:
J-J
J-J
•
J-D
J-J
Jf-N
40%
"
14
40%
30%
26%
36
42%
17
34
7
50%
«...
—
57
16%
19
18'A
100 VB
32
16%
19
17'A
2
17'A
17
7
16%
——
'
19
19'A
40'A
50%
103
F-A
102%
A-O
42%
41'A
42%
44
35
—
36%
37%
162
30
37%
44%
45
6
39
45
F-A
1921
1940
1968
1960
A-O
fund gold
1926
J-D
J-D
municipal loan
Santa Fe external sink fund 4s
1964
Jf-S
102% 102%
31
42%
36
31
29
40
40
40
5
34
39
39%
40
6
34
40
92
92%
81%
92%
35%
M-N
—
iml
'
,
57
For Financial Institutions
FOREIGN
SECURITIES
FIRM TRADING MARKETS
;
CARLMARES & C2JE:
FOREIGN SECURITIES SPECIALISTS
19%
*17
26
: 12
42%
40
42%
32
12%
G f 25
26%
30
i30?22%
19%
16%
97
31 %
50
19'A
17%
16'/a
94%
105%
19%
16%
18'A
98
104 y4
♦105
Jf-8
87
94
: 94
Jf-S
99
—
94%
%
94
35
18
97
93
(State of)—
A 6s external sink
A 7s
39%
100
62
17%
1961
assented
—
*17
16%
95%
%
1967
6Vis
101% 105%
1
—
19%
Jan
sinking fund 6s
For footnotes
1961
——
105
35
Sep
assented
AExternal
Feb
94%
104%
*17
10'A
F-A
103%
103%
Jan
assented
sec
1
100
106'A
*17%
M-N
A-O
35
A-O
.1900
AExtl sinking fund 6s
a 6s
M-N
.1960
assented.
assented
AExtl
110'A
*104
J-J
J-J
.1942
sinking fund 6s..
Aftv external s f 6s.
A
1958
.1942
100
-
88
60%
*103% 104%
15
89
100
»
86
J-J
f 7s.
101%
86
__
1953
sinking fund 6s
A 8s extl loan of
102% 102%
■
39%
92
103
A-O
1953
96
86%
-
*102% 103
47s assented
AExternal
(City of Greater) 7'/as—1952
Queensland (State) extl 6s—
1947
A Rio de Janeiro (City of) 8s
1940
Rio Grande do Sul
86
85
J-J
M-N
.1954
s
AExternal loan 7'/aS—
59%
100
8s
APrague
92
8
gold 8s
(City of)
96
95%
J-J
8s
External
APorto Alegre
49%
85
*93
—
1948
Jan
ACarlsbad
57%
fund
92
'
*99'A
—
Jan
—
•i*-
.
sink
'
Jan
2 Vis
23
59%
100
47%
63
57%
*96
.
f 7s
A4'/is assented
A 7s external loan of
(Dom of) 30-yr 4s.
Canada
*101
1952
1957
1958
1950
f 4Vi-4%s
s
102%
58%
57'/a
4%-4%s
External readj
s
101
59%
f 4Vi-4%s
external
102
A-0
Refunding s f 4y<i-4%s
3%
100%
J-D
(Central Ry)
(City) s f 5s
Sinking fund gold 5s
Sinking fund gold 6s
Buenos Aires (Province of)—
A6s stamped
External
101
*100'A 102
—-
100%
J-D
1957
f 6Vis of 1927———1957
A 7s
s
J-J
108
1941
Brisbane
External
*101
—,1955
f 7s
IA Brazil (U 8 of) external 8s
AExternal s f 6Vis of 1926
AExternal s
M-S
s
A4'/2S assented
AExternal
-1949
external 6Vis.
External s f 6s.'
Belgium
32
-
A-O
1944
6s
79
13
/. 71%
32
17
■
F-A
1940
1958
1947
—1968
1950
1963
1961
1960
external
26
71%
J-D
17
.
(State)—
f 5s
92%
16%
63
s
(City) external 5s
1958
Argentine (National Government)—
S f external 4Vis
;
1948
S f conv loan 4Vis
1971
8 f extl conv loan 4s Feb
1972
S f extl conv loan 4s Apr
1972
Australia (Commonw'lth) 5s of '25-1555
External 5s of 1927
——1957
AAntwerp
13%
18%
16%
5
57
M-N
92%
f 7s 3rd series__1957
20
13
39%
1959
96% v
96 %
20%
21
•13%
16
16%
1952
7s
(City)
A
92
16%
16%
4
15%
39%
38
J-D
6
10%
14%
16%
*98
F-A
27
11%
9%
"3
10%
38
J-D
1963
20'A
17%
14%
16%
4s sink
20
11
1
—.
agree
23%
20%
14%
17
*17
Jf-S
20'A
f'
(State)—
95%
20'A
—
10%
•'
18%
13%
13%
A-O
20
—
11%
10%
■
18%
15%
15
15%
7-7
1956
"
98%
11
*10'A
_
1965
A-O
24'A
89%
.17
11
__
7-J
fund 4%s
23%
V 16%
,
*14%
..
~J-D
fund 4'/is
A-O
series
*17
sink
23%
12 y8
5
11%
Q-J
sink
17
5
19
24'A
10%
-
M-S
Norway
99%
,
97
*18%
.1959
s
62%
95 y8
"2
18%
24'A
f 6'/is
s
89%
,62ya
17
Nov.
5, 1942, agree
1913 ass«»nt_„l933
A 75'A
99
>96
agree
96
23%
4
99
agree
J-J
23%
23%
J-J
89%
%
*
External
17
*23'A
J-J
21%
19%
Q-J
17
23%
16%
M-N
1945
1945
58
A-O
sec
102
16
s
External
99%
101%
__
100
86
agree
23%
1957
AExternal
-
34 %
103%
34
88
External
12
AExternal sec s f 7s 2d series—1957
1st
90
19%
M-N
1970
..1955
APanama (Rep) extl s t 5s ser A.1963
AStamped assented 5s
1963
Stamp mod 3'As ext to
1994
Ext sec ref 3Vis series B
1967
APernambuco (State of) 7s
1947
APeru (Rep of) external 7s
1959
ANat loan extl s f 6s 1st ser
1960
A Nat Loan extl s f 6s 2d ser
1961
1945
1945
f 7s series C
f 7s series D
AExternal
30
103%
*58
17
■
23%
*23'A
55
93%
92'A
21%
external
External
ov
!
18
A-O
'
s
84
14
92
20
A-O
50%
64 '/a
23
23%
V
53
*571/2
■
J-J
1945
(Dept) coll 7s A
AExternal s
85
<
_
__
19% »
Jf-S
New South
(Colombia)—
AExternal
75
90
21 'A
^1968
1953
.I960
:.S60
1958
series
78%
67%
30
v
*103%
f 6Vis
A Sec
Municipal
sink fund 6s
1942,
1910
to
651/a
80%
71%
38
*90
s
A6s
s
'*33
■
J-D
ASec external
AMontevldeo
AGtd
5,
AAssenting 4s of 1904
Wertheim & Co.
Member» New
1942,
5s of 1899
AAssented
Telephone
5,
Nov.
extl 5s of 1899 £
(US)
§ATreasury 6s oi
AExternal
91%
A-O
AAssenting 4s of
(King of Norway)
6
72'A
*93%
.
J-D
A Assenting
Foreign Securities
AAntioquia
75
*88%
.
J-D
AAssented
65%
21
A-O
1964
•
—
.
HelSingfors (City)
AMexico
Akershus
v
70
-
..
M-S
A-O
Jugoslavia (State Mtge Bk) 7s—1*57
(Colombia) 6Vis
1954
(Prov) 4s readjusted.—.1954
Mexican Irrigation—
A4Vis stamped assented
1943
&
.74
78
A-O
a
Bank
76'/a
71 %
Jf-8
AMedellin
Govt.
149
59 y6
86%
A-O
Mendoza
Foreign
112'A
59%
2
65%
.t
paid
A6s
,
Irish Free State extl s f 5s
Agricultural Mtge
107'/a
139%
A-O
1967
.1945
...1949
1949
;
extl 6s-_._
.French Republic 7s stamped
7s unstamped
100%
r
105 %
104 %
7
105%
*63
•
...
F-A
.1969
;
__
28%
103%
104%
110
64 '/a
65 y8
21
:
■
106'A 106%
106 V*
77%
1969
1st series
5Vis 2d series
5Vis
;
5
*106%
__
J-J
Customs Admin 5Vis 2d series__1961
(
9
27
28%
*103% 108
28%
Jf-S
1940
5Vis
67
65
68
57%
*1491/2
66
40
59%
0
62%
67
Jf-N
40%
34
v
..
36
1952
1953
.1951
1949
5s
67
48%
37%
Greek Government—
City
Transit
REctor
il
*39
§A2d
.'
100.16
*105.12 105.14
3
48%
57'A
39%
34
67
47%
47%
A-O
101.9
100.21
~
101.19
101.6
*101.17 101.18
18
16%
,
67
A-O
ASinking fund 8s series B
IA Denmark 20-year extl 6s
*101.19 101.21
.
*66
J-J
v
__
67
A-O
16
12
.1952
.1942
External gold 5Vis
:
....1955
External gold 4Vis
1962
jADorainican Rep Cust Ad 5Vis__^1942
§Alst series 5Vis of 1928
.1940
104.8
101.26
%
57'A
17%
A-O
,
101~31
104.8
100.7
100.6
100.2
20%
15'/a
17'A
Aj.1951
A
24
17%
16
14%
„Jan 1961
Sinking fund 5Vis
*107.12 107.14
14%
J-D
1947
4Vis
106.9
*101.31 102.1
59
1951
„
Mtge Bank 6Vis
External
100.18
106.9
18 'A
18%
19
16%
.16
A-O
A Costa
100.7
100.14 190.14
*106.24 106.26
15%
17»A
16'A
*16 'A
16
1970
Cuba
'
■
Jf-N
18
161/2
15%
16
Jf-N
18'A
18%
17%
43
bonds
25-year gold 4Vis
100.5
8
100
A-O
18%
17
16
16
M-S
5s
.
f $
s
Copenhagen
100.5
44
" 100.2
100
A-O
16
*16'A
M-S
ASinking fund 7s of 1927
100.11 100.17
100.3
100
-
100
.
19
18'A
16
42
16
'
*16'A
J-D
ASinking fund 7s of 1926
103.22
100.14 100.14
16
16
J-D
19
17
*16'A
J-D
High
16 »/2
1960
1928
1927
external
ACoIombia
104~'
*103.19 103.21
__
of
A 6S of
3s
*107.16 107.18
■
Low
17%
(Republic of)—
;
106.24
106.16
January 1
..Oct 1901
AChinese
Range Since
Sold
No
1960
assented
Colombia
103.9
106.24
J-D
1962
Bonds
18%
16'/i
„
_
.1962
:
High
*17
Jf-N
1961
assented
A6s assented.
A Chilean Cons Munic 7s__
A 7s
112.6
*106.16 106.18
J-D
Af-8
1945-1947
M
New
3%
111.11
103.9
*111.22 111.24
*103
109.12
,
111.10 111.10
*111.16 111.18
...
106.24
111.9
"
a 6s
AGuaranteed sink fund 6s
103.11
109.3
*106.18 106.20
__
;
Jf-N
1961
A Guaranteed sink fund 6s______1961
111.11
111.5
112.9
102.24 102.24
Af-8
J-D
J-J
/* M-S
M-S
M-S
J-D
J-D
J-D
A6Vis assented—
*104.27 104.29
111.5
Vis
ASinking fund 6%s
A6%s assented
Loan Corp—
Home Owners'
series
1949-1951
1949-1951
106.9
100.19
112.8
Mortgage Bank 6
A Chile
105.18
100.19
*110.15 110.17
M-S
J-D
J-D
J-D
M-S
J-D
M-S
M-S
Af-S
J-D
J-D
J-D
J-D
Af-S
M-S
J-D
J-J
J-D
M-S
J-D
105.23
105.4
105.5
*105.3
..
1963
1963
.1957
1957
1961
A 6s assented
•
.
102.29
101.26
Low
Chile (Rep) (Continued)—
^External sinking lund 6s
111.23
111.4
Last
Sale Price Bid & Asked
Period
High
Low
*105.16 105.18
.
.
M-S
M-3
M-S
M-S
J-D
Dec 1949-1951
t
Treasury 2s
Treasury
No.
High
Week's Range
or Friday's
Friday
Interest
January 1
101.26 101.26
101.26
M-3
-
9
York Stock Exchange
New
Range Since
Sold
111.3
•111.1
„
' J-D
<
J-D
J-D
27/aS
——1955-1960
2%s
1945-1947
2%s
—1948-1951
23As—
1951-1954
2%s
1956-1959
2%s
1958-1963
2%s
1960-1963
2'As—
1943
2Vis
1948
2Vis
1949-1953
2Vis
1950-1952
2Vis—
195^-1954
2'As—
1956-1958
2Vis
1962-1967
2Vis
1963-1968
2 Vis
—June 1964-1969
2 Vis —.——Dec. 1964-1969
2 Vis
1965-1970
2Vis
..1967-1972
2'As
1951-1953
2'As
1952-1955
2'As
1954-1950
2'As
—1956-1959
2s__
1947
Treasury
ENDING JUNE
BONDS
Bonds
Friday's
Low
1947-1932
1944-1954
1946-1958
1946-1949
>—1949-1952
—1946-1948
1951-1953
3 Mas
Treasury
WEEK
'
Treasury 4s
Treasury
or
Sale Price Bid & Asked
Government
Treasury 4'As
Treasury
Last
Interest
Exchange
Stock
FOR
Week's Range
Friday
BONDS
New York
ctausaotiona of
account Is taken of such sales In computing the range for the
shown In a footnote in the week In which they occur. No
headed "Interest Period" Indicate In each case the month when the bonds mature.
RANGE
IVis
YEARLY
-
Cash and deferred delivery sales are disregarded In the week's range, unless they are the only
defaulted bonds.
outside of the regular weekly range are
the
Monday, June 12, 1944
50 Broad Si.,
Telephone HAnover 2-0050
^Tew York 4, N. Y.
'
Teletype N. Y. 1-971
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number-4289
159
NEW
YORK
BOND RECORD
RANGE FOR WEEK
Friday
BONDS
New York
Stock
Interest
Exchange
or
Friday's
Bonds
Sale Price Bid & Asked
Low
ASao Paulo
(City of Brazil) 8s
A6V2S extl secured
IA San
Paulo
water
A 6s
extl
dollar loan
secured
A 7s
series
ASllesla
sec
extl
extl 7s*
Uruguay
External
33
30
37
17
56%
65
60
11%
—
63%
65
18
16%
18%
17%
28
M-N
23
J-D
*16%
18%
10
21%
F-A
99%
99%
91
99%
F-A
Members
17%
11
extl 8s
_„_1960
"2
*88
M-N
1964
99%
M-N
61
89
90
conversion
Af-N
68
1978
J-D
66
1978
F-A
74
New York
Stock
external 7s
A4%s assented.*
62
74
J-J
*
Interest
65%
73%
71
67%
43
60
67%
National gold 4%s
Guaranteed gold 5s
75
17
66%
75
Guaranteed
66%
59
62
F-A
11115%
17
10
19%
19%
10
18%
gold
..Guaranteed
*15%
1957
5s
July" 1969
J-J
«'»_Oct
J-J
•117%.
J-J
117%
1953
J-D
.—**,-1953
Adams. Express coll tr gold 4s
1948
J-D
—-
Coll trust 4s of
Great
Alabama
Southern
Power
1st
with
F-A
M-N
1972
J-J
1948
A-O
1946
A-O
1948
104%
4%s
tl^caroiina Central 1st gtd 4s
Carolina
103%
96%
104%
98
102'/a
89%
98%
89%
98
ACent
100
101
102% 102 %
5s
1949
modified———*
A 5s
income
Am
&
Internat
102% 103%
99
98
A-O
103
102 % 103 Va
110
91
103 Va
A-O
104
102% 104
203
87
104
1998
A-O
1951
F-A
2030
5 Vis
conv
Af-S
*1949
93 Vi
Af-N
1949
Corp conv 5%s
80
80
103 %
93
67
1
; •
103% 103%
103 Va
18
103
3l/4S
debentures—
debentures*.
3s
Amer
Am
1966
debentures
conv
Tobacco
3s
25
105 Va
107%
Arbor
1st
M-S
income
118%
gold 4s
110
108
110%
115%: 119%/
69 Va
87%
104:
102%
93%
39%
105
29%
37%
30%
32%
40
27%
*23%
34%
"i
100%
109
57
100
105 Va
4s registered
Central N Y Power 3%s
Central Pacific 1st ref gtd
& Nor
1955
1st
1955
J-D
—I960
General
1st
1958
gold 5s
Air
107
General
impt mtge 3%s D
Ref &
Impt M 3%s series E_*
109
3
109% 109%
%
62
12
Second
mortgage
110
110%
109%
110.%
113
'■*
-
*107%
99
84%
1952
M-N
J-J
1953
M-S
43
69
106
34%
105
105
1
43
33%
5
36%
105
registered
mtge gold 4s
-July 1948
A-O
86 %
Stamped modified bonds—
1st mtge gold (int at 4% to
Oct 1 1946) due
July 1948
Ref & gen ser A (int at 1% to
Dec 1 1946) due
1995
A-O
89%
Ref
&
gen
Dec
to
ser
1
1946)
86%" 91-
135';n[;:i70%,f'-'92.
89%
111
93%
94%
73%
J-D
49%
49
54%
41%
759
55
60%
547
46%
Af-S
(int at 1% to
due
2000
ser F (int at 1% to
Sep 1. 1946) due
*—1996
Sep 1 1946)
*
49%
48%
54%
511
41
54%
Ref & gen
AConv
_Feb l 1960
due
Af-S
y.
—1»1959
Toledo Cin Div ref 4s A
50
49 Va
54%
247
41%
37
36%
40 Va
653
31%
41
M-N
80%
80
mtge
inc
(conv)
j-j
70
J-J
82
Va:
69
75%
82
85
57
179
*—*£1951
j-j
87
87
87%
22
stamped
i£1951
Battle Creek & Sturgis 1st gtd 3s_,1989
j-j
87%
87 Va
87%
7
J-D
Beech Creek Extension 1st 3%S:*_*-.1951
A-O
C—1960
A-O
1950
J-D
1956
A-O
—1952
A-O
4s
Bell Telephone of Pa 5s series
Beneficial Indus Loan 2V4S—
2%s
debentures
Beth Steel 3%s conv debs
mtge 3s series G_
Consol
mtge 3 Vis
series H
1959
1960
.*1965
M
series II
5s
C_*_—*--1967
1955
__
*100
101
129%
101
,105%
F-A
3
24
M-S
J-J
69
67%
70
4s series C__
J-J
64
64
67m'Z
12%
13 Va
.1947
•'
52 Va
M-N
1981
*103 A
(interest
due
to May 1, 1947)
ACertificates
Bush Terminal
Consolidated
Bush
Term
of
84%
87%
85
84%
87'A
12
77%
90
F-A
58%
57%
61%
1.733
45%
62
A-O
15%
16%
1,653
11%
17%
M-N
76%
adjustment
5s
104
104
104'/a
110"
110
'58%
57%
,62%
26
26
27
81%
M-N
80%
83
71
67 Va
M-N
79%
79%
5
67%
M-N
21
94%
9
103%
19
107
110
Income
.
30
50
63 Va
22
63 Va
30
49%
49%
63 Va
60%
15%
17%
826
11%
17%
A
104%
299
70'A
1.790
i*—*1989
w
1st
w
5s
382
44%
63%
34
i
1999
M-N
J-J
F-A
84
93
103
108
102'A
103
.
103%
108
108
102'A 103%
A_-0
46 %
M-N
*1951
J-D
J-D
*1951
1st 5s__*1960
Dec 1 1960
4s
4V4s aeries D
Co
deb
J-D
*
1st
Cin
Chic
Elec
5s
cons
3%s
1st
&
gtd 3%s D
St Louis
101%
103%
25
107 Va
109%
Cin
38
95%
103%
St
Wab Hi M Div
1st
45%
51%
''
86
96%
•!.
,
>
10
'
11%
100
90%
1
v
82,-84
39%
,8%
499
*81
v
280
.-10%
V96%
96%'
84
.85
64 Va
85
19
72%
75
77%
22
59%
76
77
•
30
59
""109% 110%
32
109'.-.
'-104% 105%
17
102 Va. 105%
22
104
*_
75
109%
MC5
J-J
-
88%.
'
v106'/2 107.
M-S
^-O
88 Va
77%
.
77.
105% lOSVa
.
29
•
.104%
110%
107%
106%
78%
80
8
.55
A-O
78
81
40
53
1952
M-N
65
65 %
101
59%
1966
F-A
109 Va 109%
13
108%
109%
J-D
110
111%
1971
M-N
1969
F-A
1993
■
Ref & impt 4%s series E
L Div
73
36%
1.271
49
1st
coll tr
78%
•
•
♦111%
82
82%
—
70
110%
22
109%
111
112% 112%
110
2
112 %
112%
110
Ry—
gold 4s
5s series B
21
*1952
*1957
mtge gtd 3%s series E
Cin
68
43%
1967
&
Union Term
75
v.;.
1962
mtge 3%s
1st
81
61%
75
45%
9
'
__
1943
5s
§ADebenture 5s
Gas
9'A ~
__
,
40%
*
J-D
M-S
J-J
& ref
70%
64
235
73
•*__
■
41%
J-J
Cincinnati
69
__
•<
68%
69%
M-S
1963
}§AChilds
63%
If
J-J
1^1951
com
63 Va
101% 105
"11
-66% --68
68
1934
series E*„*
Indiana
66%
68
V
_L1952
*
JAChoctaw Ok & Gulf
86
*1988
A
Station—
104
%
64%
stpd
,1st mtge 3%s series F——*1963
& West
104
—I960
29
9
91%
Union
%
16
J-J
deposit
series
21%
16
84
91
of
guaranteed 5s__
1st mtge 3%s
112%
95%
83
A-O
64 Va
60%
ACertificates of deposit-
Chicago
109%
89%
91
A-O
2436.
61
60
*1949
Chic T H & Southeastern
112%
102
1
83
A-O
61 %
J-D
Memphis Div 1st gold 4s_*_„
is
104%
83
80
100
J-D
gold 4s
Lj
81
44
96 Va 100
J-D
gold 4%s
3%s
97 Va
May 1 2037
Chicago St L & New Orleans 5s
Gold
:
'•
-May 1 2037
:
58%
95
A-O
gtd 5s A-—1962
page
80%
67%
4s
41%
28
J-J
California-Oregon Power 4S—_^-__1966
see
65%
34
*_1927
AConv
95
95
Canada Southern
For footnotes
76'/a
~6
81%
_May 1 2037
ser
General
cons
65%
80%
79%
income 4%s
63%
108% 109%
77%
80%
78%
C
Railways
AGeneral
64
65%
M-N
stpd
mtge 4s
•52%
21
A-O
1968
M-N
79%
15
10
M-N
5s
4%s
ACertificates
5
1960
3Vis
80%
tax___*—1987
inc
General
Power
77
79
1936
gold
§ARefunding
26%' 26%
1955
5s
M-N
M-N
64
68
1987
6%s
conv
88%
»)•:.
79%
77%
76%
85%
*1987
25%, Dart, paid
104
109
1952
1st 4s
2nd mtge
t§AChicago
74%
*1987
Fed
1st
& gen
'•.
1987
106 Va
.
A-O
stpd
ref
V
1987
registered
5s
14%
■
1987
1987
104%
i
'101% 102
101%
deposit
Bldgs 5s gtd
Elec
Jan 1 2000
4s
ref
Cleve
California
May 11989
registered
ref 4%s
108
100
J-J
&
103
87
81
84'
1
10Va
,
.
88%
■1st
1934
§Alst & coll 5s
165
60 '
104
E
series
&
tBurlington Cedar Rap & Nor-«.
8
;
84
Chic
M-N
99%
J-J
4%s
&
at
1957
13%4
98%
69 Va
§ A Secured 4%s
104
111% 111%
j
12%
J-J
76%
76%
93
J-D
•111%
14%
J-J
88
iv83%t
23
!
i
178
38
;
14%
88
A 1st
%
54%
67
10 Va
81
AConv 4%s series A_;
*102%
F-A
series C—1967
Ry—''
.
*109% 110
M-N
1957
M-N
84%
3%s
"
56% «58-
70
45,...
76
101%
101
92%..
47%
59
67
.
83%
100
99
■
79
'
•92 % 100%
105
74%
27
60%
76%
AConv
106%
89
50
84%
A 1st
100%
47
J-J
A 1st
Buffalo Rochester & Pgh
.
A
AGen 4%s series F
May 11989
tChic Milw St Paul & Pac RR—
AMtge gold 5s series A
1975
-
103%
27
77
*
J-J
AGen
'
^
88
J-J
100 Vi
105%' 106%
63%
128
May 11989
129%
104%
*96
F-A
J-D
Buffalo Gen Elec 4Vis B—
modified
series
§ A Secured
101%
*104
F-A
1950
gold 5s
1st lien & ref 5s series B—*
3 7e
1966
JOh'cago Rock Island & Pacific Ry—
Af-N
Af-N
6s series A
Debenture
Stamped
series A
51%
100
•*100%'
M-N
1947
8
125%
76%
58%
49%
98%
•11
33
55%
74%
A4 %s stamped
...,3;
■
48%
1
85
51
55%
87%
102%
200
128
82
83%
72
AStpd 4s n p P'ed inc tax
4%s stpd Fed inc tax
106
105%
107%
AGen gold 3%s series
B__May 11989
4%s series C
May 11989
4s
102 Va
56%
Niag Elec 3 Vis
101
84%
92%
56%
AGen
100% .101
109
83
73%
gen 5s
4s
t
j
98
204
J-J
87%
128
106% 106 Vi
M-N
Buffalo
&
10633
105%
.
A 1st & gen 6s series B__
May 1966
Chicago Ind & Sou 5C-year 4s
1956
^Chicago Milwaukee & St Paul—
85
106
102%
F-A
91
& ref
1st
106 Va
103
40
J-J
-
106 32
100%
56
128
52
M-N
J-J
*2038
102
f"—
103
Louisville Ry-—.
6s ser A
1947
gold 5s series B—.1947
73%
.•,'
105%. 106
__
A-O
mtge
lien
"
...
i
30%
107% 108
108
J-J
1982
&
74
.
'100% 1001/4
'•
J-J
43/is series JJ
1961
4s series RR
.I960
AInc'mtge 4%s ser A
July 1970
t A.Boston & N Y Air L 1st 4s
1955
Bklyn Edison cons M 3%S-,
1960
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 1st cons gold 5s_1945
1
"
—
*129
*-.
1st
I
*53%
•
—
'
1st gold
1st
i,
J-D
Big Sandy 1st mtge 4s
1st
■V
..J-J
1944
Consol mtge 3Vis series F
Consol
Boston & Maine -1st 5s A
A
76
56%
48
M-3"'r
1997
inc mtge 4%s
AGeneral
■»..
—.
10633 106%
*10632
1988
A
^Chicago & North Western Ry—
AGeneral gold 3%s_.,
84%
24
*10533
106 J2
103% 105
AGen
Bangor & Aroostook RR—
Con ref 4s
'
64
60
83%
106 A 106 372
106
J-J
106% 107%
AGen
54%
F-A
J-J
RR—
v"
Pgh L E & W Va System— do.Ref gold 4s extended to__dLl951
S'west Div 1st M (int at 3%%
to Jan 1 1947) due
,_„_I*1950V
!
21%
843
1C4%
A Gen
60%
Ref & gen ser D
;
121 Va
29%
106%
A
AGen
56%
124%
120
*121'A
F-A
series
Chicago $ Erie 1st gold 5s
Chicago Gt West 1st 4s series
54%
J-D
121%
*124
'*"27
27%
F-A
AGen
(int at V/a%
due
1995
C
"v
109'A
109
1977
5s
137%
106%
106 Va
1971
ref
&
132%
12
J-J
A-O
„*L__1958
,
1st
101%
11
—1949
**,
JChicago Ind
A
Refunding
ARefunding
ARefunding
RR—
33
1st & ref 4%s series B
105%
85
100
107% 107%
1949
4s
Chicago & Eastern III
89% 103%
37
27
35%
89%
97
72%
9
1st
90% 101%
230
B
Ohio
&
4s
106%
219
101% 103%
41%
43
101%
J-J
Division
General 4s
101%
89%
108 Va
74
,'107% 107%
J-J
1989
1949
■
104%
—
99
86%
gold 4s
cons
1949
«'•
"
.
35%
30%
J-J
1989
1st
*
-',1%
JLt ■ f V
."-.jjatLii
.
M-S
1946
Div
Illinois division 3%s_
3%s registered
108 %
J-D
107%
F-A
tACLicago & Alton RR ref 3s_.
1949
Chicago Burlington & Quincy RR—
111
106%
112% 112%
M-N
137%
M-N
112
967/a
12
101%
137% 137%
M-S
Illinois
•110% 110%
*108% 110%
110%
82
101
1996
; 2d consol gold 4s
109%
*110
1948
1948
Oct
4s
Atlantic Refining deb 3s
Baltimore
M-S
1996
•106% 110
106%
13
145
96%
81
R & A
•118% 124%
J-D
——1964
L & N coll gold 4s
Atlantic & Danville Ry 1st 4s
gold 4%s
104%
92%
111%
26%
108 tV 108.12
93%
M-N
1992
Ref &
115%
Ry—
1963
July 1952
4%s A
103
103
A-O
§ A Central RR & Banking 5s
stmp_1942
Certain-teed Prod 5%s A
1948
Chesapeake & Ohio Ry—
"2
108% 108%
F-A
106%
J-J
1946
Line
4s_
cons
unified
F-A
1954
—I960
105%
J-D
1st 4s
mortgage 3%s
Atlantic Coast
gold 4s_1949
.
4
30%
A-O
112%
J-D
*
1st
gold
J-J
1937
39
109% 109%
1995
.
1910**.
Charlotte
&
1987
ZZl962
114% 115%
122% 123%
30%
33%
19
123%
16%
23
29%
56
31%
19
Nov
M-N
16%
11%
50
31%
115
-AO
2
111% 111%
Potts Creek Br 1st 4s
1995
60
*27
1997
106%
■
13%
52%
83%
106
105
50%
11%
30
105% 106%
A-O
37%
43
8
106%
J-J
41
13%
68 Va
158
'
Knox
J-J
91%
48
12%
12%
79%
52%
A-O
53
42
12%
J-D
11
85%
45%
46
60%
35%
5s
*104
60
83%
60
92%
1st gtd 4s
F-A
103%
32%
Guaranteed
76%
68%
101%
*102% 103
106
90%
Through Short L
*87
107%
103%
49
104% 104%
33%
111%
Q-J
110%
52
90%
104%
Af-S
~3
68
4-0
107
63
104%
111
105
J-J
103%
V 5"
98
109%
J-J
19
;
3
1987
39
69
1
1961
103% 104 %
69
100% 105%
41
67%
105%
i960
110% 111%
1995
Cony 4s of 1905*
Atl
A-O
104%
—1978
Adjustment gold 4s
Stamped 4s
Conv gold 4s of 1909
Atlanta
M-N
1137/a
Jan
a
of
107%
230"
1945
B,_ZZZZZZi959
A-O
Atchison Topeka & Santa Fe—
General 4s-
Trans-Con Short L
118% 119
F-A
M-N
—1995
debentures
Conv gold 4s
:
J-D
1945
1975
*1967
Ark & Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del) 4s B__
1955
1st sink fund 4s series C (Del) *1957
7s
109%
109% 110
35
68
109
J-J
—1962
Wat Wks & Elec 6s series A
AAnglo-Chilean Nitrate deb—
Ann
109 %
J-D
1956
.
deb
Co
A-O
—.—,—1961
105%
109% 110%
105%
J-J
1st gtd 4s
JACentral of N J gen gold 5s
i,
5s registered*
AGeneral 4s
104%
105 3%
American Telephone & Telegraph Co.—
3 Vis
105
110% 110%
101%
*,ACent New Eng
95
103
t
105
110%
F-A
1948
97
100
—
M-N
1955
111%
84%
>
103%
♦99 U
U-S
IIl950
114%
109%
6
166
97
117%
111%
Central.Illinois Light 3%s
105 352
J-J
96%
119
115%
109% 109%
j -j
gen 5s series C
1959
AChatt Div pur
money gold 4s__1951
AMobile Div 1st gold 5s
1946
'
106
86%
122
94%.
80
103%
5
96%
118%
118
117
J-J
ARef &
{
109%
J-J
M-S
■
116
.
.116-
1
~9
*1981
5s
5
117%'117 Va-
113% 113%
.—1962
& gen 5 Vis series
107
9
1965
U
5 A Consol gold
A Ref
103%
—1950
Foreign Pow deb 5s
Amer I G Chem
103
—1950
,
Alleghany & West 1st gtd 4s__
Allied Stores Corp 4%s debs
Am
J-D
Branch
105 A
117% 117%
F-A
1950
_
113%
37
105^f
116%
117% 117%
*115% 116%
J-D
High
uyjW
3
A-O
Zm9
4s
_
,
modified
Ohio
P 1st gold 4s
^Central of Georgia Ky—
A 1st
mtge 5s
_Nov
102%
100% 101
Alleghany Corp—
5s
&
Celanese Corp 3Vis debs
Celotex Corp 3%s debs.
107%: 108%
96%
Clinch
Carriers & Gen Corp 5s w w
Cart & Adir 1st
gtd gold 4s
104%
103%
__
A-O
registered
trust
103
'
A-O
Albany & Susquehanna RR 3%s
3%b
*105%
108% 108%
—1948
assented
warrants
■_*..
103% 104
1967
Collateral
78
103
*103
-.1946
Albany Perfor Wrap Pap 0s
6s
*103%
J-D
3Vis
mtge
68%
19
78
January 1
AO.
F-A
"1944
"1954
100%
Af~a
3'As—
110%
.109
„
77%
1947
1907
10-year deb 4'As stamped
Alabama
*110
equipment trust ctfs_—
Coll trust gold 5s
Range Since
Sold
High
105 &
117%
J-D
gold 4Vas_*
1956
Guaranteed gold 4%s
iM5i
Canadian Northern Ry deb
6%s—1946
Can Pac Ry 4% deb stk
perpetual
5s
Bonds
Friday's
116% 116%
116%
105 A
1970
"*1955
4%s_*_*i_
*
AStamped
or
1969
Guaranteed gold 5s
gold
Week's Rango
Last
Sale Price Bid & Asked
J-J
Guaranteed
Companies
JAbitibi Power & Paper—
§A5s series A plain
6
Teletype—NY 1-310
Low
Canadian
.
Railroad and Industrial
York
New
Friday
60
F-A
1958
Exchange
Bell
Period
1
63
68
Stock
4-4933
Exchange
_
„—1984
1958
readjustment
(City)
72% .73%
1979
.
York
BONDS
—
—
M-N
New
Broadway
Telephone—DIgby
**
1979
readjustment
request
91
91
W'u-"
*86
*87
**
WRITTEN
on
PFLUGFELDER, BAMPT0N & RUST
18%
12
25
16%
Mortgage Income Bonds
40
2
37
*17
3%-4%-4 ft extl conv
4-4V4-4»^8 extl readjustment
3 Vas extl
4
37
40
Circular
($ bonds of 1937)—
External
AWarsaw
46%
40
New Railroad Second
45%
39
46%
J-D
sink fund 6s
3%s-4-4%8
38%
14
48
1940
-
(Republic*
35
Prospective Prices of the
42%
37%
'
M-N
1962
AExternal sink fund 6s
A External
A Discussion of the
High
35%
30
—1958
1958
f 5%s
s
Loin
1955
A4Vas assented
Sydney (City)
January 1
45
J-J
—1962
of)
B
46%
A-O
9
Range Since
Sold
Vo
13
37 Va
*44%
,
,
JUNE
(Kingdom)—
external
(Prov
42%
36
M-S
1968
1940
7s
Serbs Croats & Slovenes
A 8s
J-J
1956
loan
f
s
J-J
1950
extl
42'/a
High
41%
M-N
1938
(State). 8s
external
A 78
5 A Secured
M-N
1957
f
s
A 8s
A
1952
ENDING
Week's Range
Last
Period
2433
4s
gold 4s
J-D
1993
J-J
88%
J-D
1977
1991
*1990
97
99 %
73
79%
99%
74%
339
57
%
99%
101)
81 Va
J-J
71
71
75
12
53%
77
M-N
94%
94%.
95 Va
18
82
95Va
1
THE COMMERCIAL & FINANCIAL CHRONICLE
2434
Monday, June 12, 1944
{■
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING
Last
Interest
or
fcleveiand
.1970
J-J
107% 108
..
C
3Vis
108Vi
Low
Hudson & Manhattan 1st 5s A—-1957
■"Si
F-A
*106%
106
Illinois Bell Telep 2%s series A-.-1981
Illinois Central RR—
1st gold 4s
jj,
L
L.1951
1st gold. 3%s..;
.——.....-..-1951
•Extended 1st gold 3%s__
1951
106
A-O
101%
101% 104%
80
92 Vi
104%
100%
138
84
101 Vi
97%
192
75 Vi
97%
97
92%
gtd 4s
1945
Colo Fuel & Iron 5s Inc mtge——1970
J-D
—
A-O
*102
'
—
>
98 Vi
83
91
91
91%
4
61
60%
64%
122
104% 105
105% 105%
103
•
May 1952
Debenture 5s
1961
Columbus & H V 1st extl gold 4s—1948
104%
J-J
105%
Vis——1970
Columbus & Tol 1st extl 4s——1953
A Commercial Mackay Corp—
Income deb w w
—Apr 11969
Commonwealth Edison Co—
1st mtge 3Vis series I——1968
Conv debs 3Vis.
——1958
Conn Ry & L 1st & ref 4Vis——1951
Conn River Power s f 3%s A
1961
Consolidated Cigar 3 Vis s. f. debs-1953
Consolidated Edison of New York—
M-S
Columbus & Sod Ohio El 3
-1948
———.-—1956
1958
1951
fAConsol Ry non-conv deb 4s
1954
3 Vis
debentures——
debentures-
debentures
Consolidated Oil conv deb 3Vis
3Vis
-1955
A Debenture 4s———1956
Consumers Power Co—
1st mtge 3 Vis—
1965
A Debenture
4s
—
3 Vis——u——-——-1967
1st mtge' 3 Vis—j
—1970
1st mtge 3 Vis——
1966
1st mtge 3 Vis—
.
—1969
Crane Co 2Vis s I debs
—1950
Crucible Steel 3 Vis s f debs——1955
lACuba Northern Ry 1st 5Vis
-1942
A Deposit' receipts
ACuba -RR 1st 5s gold———
.1952
1st mtge
A Deposit
A-O
*108%
110
F-A
*113%
to—1946
receipts
A 6s series B extended to———1946
A Deposit
receipts
——-—Curtis Publishing Co 3s deb———.1953
A Deposit
109
109
1
108 Vi
110
113%
113%
_-••
May
111
117
105
1
J-D
109%
J-J
in
109% 110%
34
77%
2
109%
J-J
102% 102%
6
105%
30
107% 108
107%
10
105 Vi
108
2
107%
108%
10
103%
105%
108 'A 108 %
J-D
■!
S AConsol: gold
J-J
J-D
71%
J-D
66%
series A—
94
1st
1963
gold 4s—
65%
J-J
—1950
tAInd & Louisville 1st gtd 4s
11956
Indianapolis Union'Ry 3%s ser B_1986
Inland Steel 1st mtge 3s series F—1961
Inspiration Cons Copper 4s,
1952
JAInter-Great Nor 1st 6s series A.1952
J-J
63%
63%
M-S
of
(Proof of-claim).
—1982
of deposit———
Food Machinery Corp 3s debs
—1956
Francisco Sugar coll trust 6s..—-1956
101%
61%
24%
57%
gold 5s series C;
.——1956
Intcrnat Hydro El deb 6s—
.1944
J-J
48%
48
54%
43%
43%
59%
61
72
56
65'A
Internat Paper 5s series A & B
1947
Ref sink fund 6s series A
—.1955
J-J
103% 104
5
103
105'/a
7
105
108%
Int Rys Cent Amer 1st 5s B.
1st lien & ref 6%s_
M-N
108
109%
111
111
1
109%
111
111
111
3
112
111%
2
110%
M-N
107% 108%
11
107%
108%
M-N
109% .110%.
2
108%
111
A-O
103
4
102%
103%
95%
100%
J-D
57%
•
47
J-J
,
100% 100%
100%
J-D
103
5s
series
B
—
A-0
46%
*71
■
J-D
47%
100%
92%
92%
'
92
F-A
84 %
92%
94%
219
77%
94%
tAlowa.Cent Ry 1st & ref 4s—1951
M-S
4%
4%
24
68%
James Frank! & Clear 1st 4s__,
J-D
53
Jones & Laughlin Steel 3'As
62
1
62
39
4
100
■
%
40
46
,.1959
1961
J-J
f
,
2
'
A-0
F-A
4%
4%
5%
106%
4
4y2
127
45y4
;
V
_•
;
111
.
,111
52
52
82%
A-0
83%
*30
M-N
87%
J-J
J-J
103
"
A-O
3
107% 107'A
.
.
J-J
16
'
109% 110%
■
A-O
''
,
;.
108%
9
>
*113%
J-J
*150
40
111
106
102%
M-S
;
106
98
103
103
1Q3
J-J
,
'
:
104% 105%
J-J
74%
M-N
,
72%
1
General
:
69
J-J
*98
98
98
J-J
*94%
90%
94
M-S
M-N
104
M-N
*175%
174
*108%
107%. 108%
*109'/8
109
M-S
,107% 108
M-S
103
Gen
*103
102
104%
103
*128% 131%
J-D
1
117
131
M-S
^
*97
-
98%
99%
48%
48y6
51
49%
49%
49%
29
9
M-N
13
'.
—
.
J-D
14
73
13
13%
17
*103
M-N
104
100
——
.
100
11%
11%
•103
*2
A Debentures
ctfs
104 Va
J-J
104
104%
97%
32
29'A
12
J-J
27%
*60%
J-D
104% 105%
a-W
-
J-D
*102'/a
108%
100
'
09%
100%
41
98%
100%
9
98%
99% 102%
27
-J-D
96% .96%
7
Dec
Lake .sir' & Mich- -Sou. gold J'/js—1997
3 % s xegisteredi-————1997
59 %
7
99% 100
99%
100
99%
•
J-D
99%
.
-
Lautaro Nitrate Co Ltd—
1975
103
103%
k-
1st. & ref sink, fuxidf5s—i———1954
5s
.
105'A
105% 107
1946
J-J
103%
103% 104
-1946
1967
J-J
102'A
102'/a 102%
J-J
99%
B
*92% '
r-A
.1964
92%
*80%
F-A
81
5s
115% 116%
Feb
104% 107 Vi
101V4 101%
108%
111%
22
105%
116%
100
111%
29
102%
102%
58
100'A
68%
14'A
98%
22
-
.
F-A
12%
.
99'A 100'A
43
89%
82
42
66
5s
stpd
1952
J-J
1969
M-N
*97%
—
98
„
*110% 110%
104%
103%
—
17
100 Vi
87%
.
110
98
111%
H
HorMng Valley Ry 1st 4 Vis
'
debentures
-
—1999
,
Hudson Coal 1st s f 5s
series
Hudson Co Gas 1st
gold 5s_
80%
For footnotes
see
M-N
1954
M-N
A_II 1962
page 2436.
1949
J-D
M-N
133
_
_
104%
65%
~
*90%
133
65
5
93
104% 104%
68
116'A 116'A
130%
85%
133
94
~6
103
129
56
70%
2
116
117%
105%
—
103VA
95
i •'
103%
99%
:-
86
'1
92%
71
24
i
94
.
75
'
65%
81'/a
70
*77
,
86
84%
......
81%
78
78%
78
78%
23
65
67%
67
69
55
56
69%
75
74%
77%
28
64%
80%
39%
79%
37%
43%
46%
44
44
40%
■>
^
497/a
74%
49%
34
43%
37
48%
35%
46%
,3.
71
52
76%
*
42'A
44%
57
101%
78.
F-A
64%
1
123%
127'A
101% 101%
16
101%
1043*2
2
119%
122%
73%
127
127
A-0
30
120% 120%
A-0
-
M-N
*108
A-0
*—
127
-
—
104
105
106
103% 105%
M-S
105% 105%
M-S
105% 105%
20
33
M-S
105%
F-A
119%
119% 119%
9
A-0
103%
103% 103%
12
1969
J-J
100%
99% 100%
99
104
104
105%
105%
119% 120%
102
93%
103%
100%
1966
M-S
*1091/4 109%
109'/a
110
...1945
M-S
*101%
101%
102%
*.—2003
&
ref 5s series B
&
A-0
106% 107
13
106%
,—2003
A-0
105%
105% 107
19
104
-.2003
A-0
103%
103% 103%
3
ref 4'As series C..—
1st
& ref 4s
1st
M-N
A-0
;
33
.78
161
40
44%
286
42
37%
M-N
M-N
1951
l_
1st
series D—;
99%
108
.107%
105%
101% 102%
38
94'A
102%
Unif mtge 3'As-series A ^xt
1950
Unit mtge 4s series B ext.*
1960
Paducah & Mem Div 4s———1946
J-J
103
103
103%
35
102%
104 %
J-J
106%
106% 106%
34
106%
107%
103% 103%
1
103
104%
8t Louis Div 2d gold 3s—
.1980
M-S
*96%
1st gold 4'As——1945
M-S
*103%
1st & ref 3%s. series E
Mob & Montg
——2003
South Ry joint monon 4s
1952
Atl Knox & Cine Div 4s——.-1955
A-0
F-A
J-J
104
M-N
94'A
97%
98
104
60
*113
104
101'A
105'/a
112
104%
113
M
Maine Central RR 4s series A
Gen mtge
1945
4%s series A
Manati Sugar 4s sink
AManila Elec RR & Lt
1960
fund—Feb 11957
s
f 5s_
AManila RR (Southern Lines) 4s
Steam Shovel
'
s
f ,6s
—
J-D
98
98
98%
J-D
65%
65%
70%
M-N
78
77% *83
1953
M-S
*58%
1959
M-N
*34%
I§AManitowoc Green Bay & North¬
western 1st gtd 3'As——-—
1941
Marion
J-J
1937
104
97
100 %
..1963
—...
1.
Lou & Jeff Bridge Co gtd 4s
Louisville & Nashville RR—
Stamped
*8 AHousatonic
Ry cons gold 5s_
Houston Oil 4 Vis debs
97%
3
J-J
68%
99%
M
12
67
F-A
100%
82%
Term
108
91
J-J
86
116%
65
147
J-J
& ref
111%
28
99
*13'A
68%
37
116'A
*66
Feb
104%
32
-197S
1st
58%
,
LoriJlard (P) Co deb 5s
22%
AGen mtge inc 5s series A——2015
Gulf & Ship Island RR—
Gulf States Util 3 Vis series D
96%«
)
99% ' 99%
M-S
1954
stamped-—
1st & ref sink fund 5s_——
,
100
16
Jv
.
.
Lehigh Valley Coal Co—;
13%
103%
14
22
—
108'A 110
1977
Gulf Mobile & Ohio 4s series B
89'A
104
*103
A-0
200%
93'A -102 Va
2
59%
102
J-J
,
1
103
J-J
—1954
1954
1962
Long Dock Co 3 %s ext to—
.1950
Long Island .unified 4s_i——.——1949
Guaranteed ref gold 4s_w——.1949
4s
stamped
—.———.....1949
48
115
.«•"
101%
72
109% 110
AGreen Bay & West deb ctfs A—
3%
99%
100
99%
A-0
Little Miami gen; 4s .series A
105%
■
109%
;
104%,
3%
F-A
56%
106%
102
15
104%
115%
mtge 3%s series 1
106% 108
102%
,4
*3%
110%
10
12
103
F-A
59%
75
106
103% 104
■
*»«*
J-J
115
Gen mtge 4s series H
.
175%
A-0
J-J
42
64%
353
102
J-J
-
98'A
J-J
42%
103
101% 105%
*105y8 106
J-J
mtge 4s series G
3
87%
1961
—
stamped..——
...1964,
rr 1st it ret sinkvfiirid 5s_.i,—*1974
5s
stamped——
1974
Leh Val Harbor Terra gtd 5s
1954
Lehigh Valley N Y 4%s ext
1950
Lehigh Valley,RR— v
:
4s stamped modified—
2003
4s registered-:.—
—2003
:
4'As stamped modified-;
-2003
4'As! registered----——
2003
5s stamped modified—i.——
2003
Lehigh Valley; Terminal. Ry ext 5s_1951
Lex & Eastern 1st '50-yr 5s, gtd_
1965
Liggett" &' Myers Tobacco 7s
--1944
5s debenture.:..:——1951
'
*106% 106%
M-S
100%
95
99%
37
74'A
1976
—;
109%
119
106%
82%
80
—
38
—1973
General 4Vis series E:
107'A
91%
Lehigh & N. Y 1st gtd, gold 4s—1945
103 %
106
1
4
'■
.
J-J
,
69
51%
113%
102%
10
98 VA
98
——1952
General 4 Vis series D
89%
107% 108
118% 118%
108
114%
Louisiana & Ark 1st 5s series A
General 5s series C
72%
70
Lehigh & NOW. Eng RR 4s, A——1965
148% 150%
.
106
*95
"
J-J
J-J
84
99%
Louisville Gas & Elec 3%s—
General 5 Vis series B
89 Vi
87%
*67%
107%
110
■
..
102% 102%
'
.
J-J
85
69%
■
J-D
1949
71%
37
*97%
Alst.mtget income,reg
Lehigh Coal'&..Nav s f 4%s A
Cons sink fund-4,%s series C
i
*106% 107%
M-N
103
24%
16
85%
J-J
Laclede; Gas Light extd 5s—
1943
Coll & ref 5%s series C
—1953
Coll" & ref, 5% s, series. D-U---.--1960
106%
106% 108%
28
39%
39
.
102
86%
84
L
34
98%
31
103
72'A
85%
83
J-J
54
28
31%
106% 106%
106%
—.
41
1
52
100
152
82%
82%
*
J-D
M-S
110
111%
104% 106%
29
98%
*100% 115
A-0
JAKreuger & Toll 5s ctfs-.——1959
111
J.09%
1
105% 106
J-D
49%
4
111
110%" 110%
'.
J-D
6%
102% 105%
2
83'A
102%
J-J
Plain
8
40%
91
48
105% 105%
•
'•''mi*.-
-
44%
4%
4
58%
05%
—1961
Kings County. El L & P 6s_——
-1997
Kings Co Lighting'.lst 5s—1954
1st a? ref ..6%s_——
1954
Koppers Co -lsb mtge 3'As—
1961
Kresge - Foundation, 3notes
."—1950
.-
60
4Va
66
99
t
Ry—
§ARefunding gtd 4s_—
1936
A Certificates of deposit—
Kansas City Southern Ry 1st 3s—1950
Ref & impt 5s.i
—Apr 1950
Kansas City Term 1st 4s.'
—I960
Kentucky Central gold, 4s_:
—1987
Kentucky & Ind Term 4%s——1961
Stamped-.
—
1961
93%
105%
81%
77
K
Kanawha & Mich 1st gtd gold 4s—1990
108
79%
250
105% 105%
5
102% 102%
78
102%
52
101%
105%
2
93%
3
58%
4'As. unguaranteed———
J-J
101
103
74%
103'A
*__
M-N
A-o
97%
100%
.....
J-D
M-S
2
12
54%
107
107
.
100% 101
100% 102
72%
100% 101%
J-J
A-O
107% 108
191
38%
45%
*44%
A-0
107%
102
92
*61
1
'
F-A
90'/4
53%
41
4
66
1947
92
~5
57%
M-S
—1972
57%
J-J
33
72
66
,
46
2
45%
J-D
15
58
A-0
7
Int Telep & Teleg deb gold. 4%s—1952
Debentures 5s_——
—.1955
J-D
JAGeorgia & Ala Ry*5s—...Oct 11945
Caro & Nor 1st ext 6s—
1934
Goodrich
(B F) 1st. 4Vis—
..1956
Grays Point Term 1st gtd 5s—1947
Great Northern 4 Vis series A
—1961
103%/
48
3s
j§AGa
106%
54
M-N
1949
110'/3
47%
108% 108%
A Certificates
Gas & Elec of Berg Co cons 5s
Gen Steel Castings 5Vis
66
110 V^a
104%
w
105% 105%
48
tFonda Johns & Glover RR—
§A2-4s
44
76
66
*110%
A-0
■
A Certificates
74
103%
J-J
•
1959
1974
deposit———.
78%
52%
98%
,1953
.
1st 4Vis—
A 1st & ref 5s series A—-—
203
Alst
Erie Railroad Co—
tFloncia East Coast
72%
*102
58
56%
*—
A-O
i AFlorida Cent & Peninsular 5s—1943
57%
46%
'.,
A-O
'———1958
78%
514
16%
i
Flintkote Co 3s debs—
16
76%
47'A
'
Firestone "Tire & Rub 3s deb--—1961
94%
70%
230
111
M-8
1995
AGen mtge inc 4Vis series A~i—2015
NY& Erie RR extl 1st 4s——.-1947
Ohio Div 1st mtge 3 Vis———1971
94%
*90%
469
M-N
JADes Plaines Val 1st gtd .4Vis——1947
Detroit Edison 4s series F———1965
Gen & ref mtge 3 Vis series G—1966
Gen As ref 3s series H
,—1970
1st cons M 4s series B——
82
23%
F-A
Empire Gas & Fuel 3 Vis——-—1962
76%
77%
67%
22
58
M-N
1965
82
21
55
-1970
76%
78%
—1963
1st ref 5s
.A 1st
.—1963
76%
*78%
J-J
1st & ref 4%s series C—
56
——
76%
J-J
65
52%
46
stamped
8
J-J
21%
A-O
5s
59%
53%
45
Elgin Jolie^ & East Ry 3 Vis
72
19
A-0
35
El Paso & S W 1st 5s
54
76%
J-J
129
East Ry Minn Nor Div 1st 4s——1948
East Tenn Va & Ga Div 1st 5S—1958
Ed El 111 (NY) 1st cons gold 5s—1995
Elec Auto-Lite 2Vis debs.
—1950
90
74%
AAdjustment 6s series A—July 1952
54VA
—-——1995
1961
Dow Chemical <leb 2 Vis———i—-1950
Dui Miss As Iron Range Ry 3 Vis—1962
tSADul Sou Shore & Atl gold 5s—-1937
Duquesne Light 1st M 3 Vis——1965
88
59 %
53%
gold 4s
90
88%
74%
59
.
—1978
A Second
92%
J-J
45%
50%
Detroit Term & Tunnel 4 Vis—
79'A
45 %
49%
gold 4s 1995
71%
100'%:
97
13
50%
Detroit & Mackinac 1st lien
1
45
49%
B_
25
56%
J-J
ARef & impt 5s series
730
92%
58
—1936
——
48%
70%
100%
55
4 Vis——_——1936
A Assented
90
54
J-J
^Denver & Rio Grande Western RR—
AGeneral s f 5s——1955
81%
67 V4
105
Grande RR—
5 A 1st' consol 4s-
79
60%
56
54
J-J
D
JDenver & Rio
58
23
F-A
^Kansas City Fort Scott & Mem
Dayton P & L 1st mtge 3s
1970
Dayton Union Ry 3 Vis series B_^.1965
Delaware & Hudson 4s extended—-1963
Delaware Power &r Light 3s——1973
34
81%
89%
105
J-J
105
79
92%
F-A
Joint
103'A 104
A-O
J-J
83%
100
19SI
Ind 111 & Iowa
103 Vi
83%
60%
111 Cent and Chic St L & N O—
101% 103%
A-O
83%
133
63%
65%
J-J
Western Lines 1st gold 4s
111
110% HO'/a
62%
77%
J-D
1951
;
103
80
M-N
F-A
71'
83%
80%
84%
J-J
Springfield Div 1st gold 3%s_—1951
F-A
70
80
M-N
111
114 Vi
97
64
M-N
——1953
109% 113 Vi
113 Vi
117
97%
96%
79%
..——1952
100%
97%
97%
97%
80
1955
103%
100
*70 '
97%
A-O
A-0
..
101%
*96%
J-J
•
131
109%
4
110% 111%
*114
20
gold 4s——19&2
Gold 3Vis—
J-J
34%
<'100%
Refunding 5s———————.1953
40-year -4%s—
u-—• 1966
Cairo Bridge gold 4s—
—..1950
Litchfield Div 1st gold 3s—
b—1951
Louisville Div & Term gold 3%s_l953
4 Omaha Div 1st gold 3s_i.——1951
St. Louis Div & Term gold 3s
.1951
,
57%
receipts—;
A7Vis series A extended
—
*'
*
72%
33%
27
M-S
Collateral trust gold 4s
64%'
105
103% 106 %
47
'
—
110
55%
406
102%" 103%
103%
.
M-N
M- N
198
—-.——1951
Refunding 4si___-_.
Purchased lines 3%s;
91 Vi
52
28
1980
3Vis
1st. gold 3s sterling—
Collateral trust
—
Colorado & Southern Ry.—
4Vis (stamped modified)
Columbia G & E deb 5s-
High
Low
71%
31
J-J
106
93%
High
67%
32
J-J
107
A-O
13
January 1
Sold
No.
107 Vi
„
107
Range Since
Bonds
!
107
95
——
68%
A-0
106
'
A-0
Coal River Ry 1st
Feb 1957
107 Vi
*108
*106%
J-/
A-O
—
AAdj income 5s.—.—«,
F-A
107
F-A
Week's Range
or Friday's
Last
Sale Price Bid & Asked
Hiah
106%
6
M-N
1977
f 4Vis series C
s
Low
Interest
Period
,
Cleve Short Line 1st gtd 4Vis—..-1961
Cleve Union Term gtd 5 Vis—
1972
1st s f 5s series B gtd——1973
1st
No.
Friday
New York Stock. Exchange
Range Since
January 1
Sold
&
Pittsburgh RR—r
gtd—.
...:
.-1948
Series D 3 Vis gtd
1950
General 4Vis series A
1977
Gen Sn ref 4Vis series B—1981
Series
Bonds
Hiah
Low
Cleveland Elec Ilium 3s
BONDS
Friday's
Sale Price Bid & Asked
Period
;
Week's Range
Friday
BONDS
New York Stock Exchange
JUNE 9
-
J-J
87%
1947
A-0
*102'A
—
A-0
*102%
11
29
114
90%
99
52
71%
68%
83
—
—
87%
—
__
73
87 'A
101
102%
101%
102'/a
96%
105
99%
106
109%
111%
Market Street Railway—
(Stamped mod) ext 5s
McCrory Stores deb 3'A—1—-1
Metrop Ed 1st 4%s series D
Metrop Wat Sew & Drain 5%i?
1945
.1955
.1968
Q-A
1950
A-0
A-0
M-S
99%
99%
*105% 105%
110
94%
110'/a
94'A
92
95
THE COMMERCIAL &
Number 4289
Volume 159
BOND RECORD
NEW YORK
Interest
Exchange
Stock
Period
Last
t§AMet West
Lans
&
3 Vis
gold
Ref
&
1979
impt 4Vis series C
Michigan Cons Gas 1st mtge 3%s_1969
-1940
Northern 1st ext 4%s,_1939
t§ AMidland of N J 1st ext 5s
j§AMilw
&
1947
^Minneapolis & St Louis RR—
A 1st & ref gold 4s
§ Alst consol
g Alst stamped 5s gtd as to int__1938
—1946
Alst & ref 6s series A
,
94
106%
16
106 Vi
31
55
13
69
97
North
18
75 Vi
59
72%
77%
ref
&
O-A
Af-8
Af-8
40%
41%
41%
41%
04%
39%
40%
72
79%
79%
5
6
15
impt 5s series
&
impt 5s series D
impt 4Vis series A
2047
2047
6s series B„;
—;2047
2047
1967
1974
1964
(Wise)
..1990
68
67%
71%
216
56 %
1962
J-J
71%
71%
74%
135
647/a
1962
J-J
61
61
64%
110
53%
64%
1978
J-J
A-O
66
65%
69%
50
57
697/e
49%
48 %
52 Vi
94
36
57%
F-A
64 Vi
64
67%
series B
Alst & ref 5 Vis
1st 4s,
Kansas & Texas
Mo
1978
1st 5s_—-1959
tAMissouri-Ulinois RR
A Cum
adjust
series A—Jan 196^
5s
^Missouri Pacific RR Co—
A 1st & ref 5s series A_
—.1963
f
*103% 104 Vi
129
133
4
125
129
120
1
116
120
99'/a 102
227
92%
96
96
5
88%
65%
64 Vi
69
227
53
70%
60
60
60
1
51
66
79%
78%
83%
150
61 >/4
84
94
93%
98
400
80%
QHlL
'4
83
82%
87 Vi
41
67%
88
83
82%
87%
75
67%
110
112
111% 112
102%
98
88
108%
13
110%
111%
110%
112%
o
deposit
of
1st gtd gold 4s—1991
Moh'k & Malone
'
11%
64 Vi
13
306
9 7/8
1374
68%
137
56'/2
567/2
Montreal
5s
Tramways
ext
M 4Vis series B_
Constr
T & T 3'Via
Mountain States
Fuel Gas 1st gtd 5s
Mutual
J-D
1964
J-D
1057s
2
108 Vi
1113/s
1
109%
111% 111%
A-O
J-D
W
'
111
114V4
107%
107
107
12
105Vi
ref
1st &
mtge 33/4s series H
96%
2
94%
J-D
M-N
M-N
J-D
M-N
3
l'OO %
155
48%
63'/a
61%
63%
68%
120
56%
64%
63%
224
110
111%
104%
106/4
104%
105%
A-O
109
6
108
1966
1955
J-D
109% 1093/4
4
108%
110%
J-J
*105
110
106
106
1960
U-N
*105
105Vi
103
105 Vi
1955
F-A
Af-8
1978
3Vis sinking fund debentures
.
Steel
National
mtge
1st
1965
3s
M-S
5s
—-1948
M
f
s
3'%s trust
Gtd 4s series E trust
J -J
—1945
1952
102 J/a
1037a
4
J -J
J-J
A-O
J-D
J-J
1st gtd 4s
101%
993/4
116
115
*113% 114%
93
95%
42
84
951/2
92%
93%
20
84Vi
1
124% 125%
Iff"
*85%
101% 102%
101
101
Alst
series
5s
102%
18
6
101
104Vi
103%
3
103
105
.
45
Alst
62
series
5s
.—1956
75
-
■
61
54
71 Vi
2
72
80 Vi
77
82 1
34
72
82 Vi
78
—
.
78%
10
71 Vi-
78 %
69
80
'
5Vis
Alst
,———,1956
ACertificates
.
F-A
A-O
1954
35
150
7%
79%
86
78 Vi
General gtd
&
1998
—2013
2013
—1952
impt 4Vis series A
impt 5s series C
Conv secured 3Vis
Ref
N
&
1997
Cent & Hud River 3%s_
Y
1997
3Vis registered—
gold 3Vis
3 Vis registered
Mich Cent coll gold 3Vis
.,—1998
awj,1998
(.#,1998
Lake Shore coll
-uful998
registered
3Vis
J-J
F-A
A-O
A-O
.——1943
4Vis
Central RR 4s series A
Y
Ref
,
Af-N
J-J
J-J
F-A
F-A
F-A
F-A
MOO
73%
71%
77%
301
67%
74%
1,184
56
783/4
59
68%
743/4
Vi
75%
73%
81%
625
63
813/4
97%
97%
99
231
87
99
94
93
95%
108
83 7/4
96
783A
89
#
90 %
82
697a
74
73%
70
73%
6
791/2
63
21
78
70
52
781%
62 3/a
80
84
65
84
*77
82
733%
'•TV
•New York Chicago & St
Ref
5Vis
series A
Ref
4Vis
series
C
.—u—1978
1st
mtge 3Vis extended
Dock
N
Y Edison
1st
lien
1st
gold 4s
3Vis series D
ref 3Vis series E
&
96
A-O
102
1965
1966
Connecting RR 3Vis A
Y
116
93%
98 Vi
9574
398
105
87
105
981/2
102
102
11
1013/s
105
1023/4
1073/4
A-O
107%
107
107%
28
F-A
93%
93
94%
64
78%
947a
A-O
A-O
108%
108% 108 Vi
2
106 %
1093/4
109% 109%
8
108%
109 s/8
,
& Erie—See Erie RR
N
Y
N
gold 5s.„1948
Purchase money gold 4s
1949
Y & Harlem gold 3Vis
2000
N
103
103%
A-O
M-S
1947
1965
1951
to_.
Y
N
Y Gas El Lt H & Pow
2043
2043
Mtge 4s series A
4s series B
N Y Lack & West 4s series A
Mtge
114% 114%
J-D
tN Y New Haven & Hartford RR—
ANon-conv deb 4s
1947
1097a
111
105 s/a
102
103
102
1047a
37
71
83 V4
32
77
89
102%
81
86
87
1153/4
104
9
"2
102'/a 102%
Af-N
Af-N
1141/4
.
*105
J-J
J-J
1973
6
109% 109"%
F-A
Af-N
1973
4Vis series B
82 r
Vi
87%
'
4
'
•
Af-S
54
54
57
37
46
601/2
ANon-conv
deb
3Vis
1947
Af-S
52%
52%
55
8
45 3/8
60
ANon-conv
deb
3ViS—
1954
A-O
53%
52%
537/s
96
451/2
597a
ANon-conv
deb
4s
J-J
54%
54
467/4
61
ANon-conv
deb
4s__
54y8
54
57%
52%
55
_1955
AConv
deb
137
46 3/a
61
•••72
45.1/4
593/4
Af-N
1956
J-J
1948
J-J
60%
59 Vi
62%
422
A-O
91
90
92 Vi
184
24%
27 '
1'39
55%
59
_1940
1957
1927
M-N
25%
1967
:
Alst & ref 4Vis series of
J-D
57%
:
.
.
•
;« s
104 Vi 105%
1954
Af-N
1992
M-S
.1955
J-D
4%
4%
4%
1993
4s
A-O
64%
647/8
69%
M-N
110%
750% '
■
313%
63V4
IO21/2
,
94
167a
48 Vi
106 Vi
'.
9
.
64
82
■
450
"
t A Harlem River & Port Chester—
1st
1:
196
1956
trust 6s
4s
" 57
3 Vis
6s—
§ A Collateral
ADebenture
,
:
ADebenture certificates
7
~
JAN Y Ont & West ref gold 4s
AGeneral 4s
N Y & Putnam 1st cons
N Y Queens
gtd As.
El Lt & Pow 3Vis
N Y
Steam
:__1963
Rys prior lien 6s stamp
N Y
Corp
gold
»
12%
13%
110% 111
J-J
J-J
1937
J-J
48
50%
1937
F-A
18
19
108 Vi 108%
93/4
303
15
4
18
31'
'"-5
6
'
57a
52
Aref
110
1033/4
48
123
125
29
121
112 Vi
111 1/4
112%
101
T09
117%
II 73/4
119%
39
103
1033/4
159
97
109 Va 110%
24
106
103 Vi
A-O
A-O
101
A-O
72
353/4
96%
295
82
97
1952
J-D
104
104 Vi
,12
104
107
F-A
*131
1323/4
3
110%
111%
J-D
103% 103%
3
102%
103%
68 V4
309
30 V*
982
64
28
1962
105
105
Af-3
106
106
1963
,1945
1949
Seriis F 4s guaranteed gold
1953
Series G 4s guaranteed,
1957
Series H cons guaranteed 4s
1960
Series I cons 4Vis,.
——1963
Series J cons guaranteed 4%s_,1964
Gen mtge 5s series A
V
1970
Gen mtge 5s series B—
1975
Gen 4Vis series C
1977
Pitts Coke & Iron conv 4Vis A
1952
Pitts Steel 1st mtge 4Vis
—1950
guaranteed
—
1950
Af-N
Af-N
*123%
120
Af-3
105
J-D
2436.
104%
%
101%
105
75 Vi
A-O
78
78
59
59%
78
68
58
743/4
A-O
77%
75
58
*107%
J-D
F-A
Vi
107%
—
*121
—
104
5
743/8
--
,,
77%
—
J-D
91%
91%
J-J
92
101% 103%
102%
M-S
17
103
*101
J-J
*113
J-J
1013/4
109%
113%
101
93%
104
105%
109
*108% 1093/4
F-A
86
99%
104%
105Vi
J-J
—1957
i A Providence Terminal 4s_
,,—1956
Public Service El & Gas 3%s.
1968
1st & ref mtge 3s
1972
1st & ref mtge 5s
2037
1st & ref mtge 8s
2037
Public Service of Nor 111 3Vis—,—1968
Af-N
25%
Af-8
*100%
J-J
*110%
.1951
A-O
t A Providence Securities 4s
Af-N
107
107
25%
2 "
17
110
—
0 to
30%
100 Vi
110%
107/a
8
106%
107%
147%
147/a
224
1
224
224%
2
109%
1113/8
100 3/4
104%
J-D
224
A-O
110% 110%
1083/4
100%
98%
—
*147%
J-J
108
3
R
507a
100% 1003 4
97
34
100 3(5
24
102
20 Vi
J-J
101%
100% 103%
94
15
.1997
151
20
J-J
101
101
103Vi
15
107% 107Vi
2
Reading Co Jersey Cent coll 4s.
-
1
78
107/a
J-D
111
For footnotes see page
102
—
74%
75 Va
Af-N
36%
102
103% 105
J-J
109
107/a
*105%
J-D
.I960
24
1203/4
106%
104V8 104%
.1950
109
121
116
106% 107
14
24%
123%
116%
Vi 120%
J-J
123%
123
121
A-O
113%
115
122%
.
—
121
95
M-S
,,
J-D
107/2
J-J
112%
113%
*122%
87
1966
104 Vi
112
112
F-A
92
1946
104
104
104
*113%
107%
1st 4Vis
103%
F-A
*80
t§AN Y West & Bost
12
•
112
*10%
Niagara Falls Power 3Vis
9%
101/4
112%
Af-N
110% 110%
10%
6/8
100%
1951
Pressed Steel Car deb 5s
73/8
5
J-D
F-A
J-J
16
1977
mortgage 3 Vis
106 Vi
*104%
F-A
1959
B
series C
104%
17
104
Af-N
J-D
1960
Pitts Young & Ash 1st 4s ser A—194»
1st gen 5s series B
1962
1st gen 5s series C
1974
1st 4Vis series D
1977
Pittston Co 5 Vi inc deb
1964
i'jrtland Gen Elec 1st 4%s
1960
1st 5s extended to
1950
Potomac El Pwr 1st M 3 Vis
1960
1st mtge 4 Vis
30%
l053/4
9 Vi
9V4
101
F-A
1958
68 Vi
17%
105
r>
10%
10
38%
1
100% 101 %
9Vi
'
1964
28
J-J
1937
1st 4 Vis series A
109%
107% 108 3/4
111% 111%
64 Vi
47/2^series B—^
124
105%
Af-a
J-J
J-J
a—__——
132
121
33
1943
1967
131
1
124
124
J-J
1940
B__
94Vi
94
92 Vi
5s__
Y Tplenhone 3Vis series
101%
87%
99% 1013/i
93 Vi
95
gold 5s
gold
1st
953/4
80
99%
93 %
.1997
ATerminal
132
36%
107
J-J
Af-8
1st mtge 4Vis series
75/a
105%
Af-N
W Va
55%
23%
2
Af-S
Pittsburgh Cine Chi & St Louis—
1st
22
158
—1949
mtge
102 Vi
112%
36
deb 6s—
Phillips Petroleum 23/4s debs
1st
111
99%
J-J
;
t§ A Philippine Ry- 1st s f 4s
ACertificates of deposit
Pitts &
105%
110%
106
323/4
106
F-A
120 Vi
103%
111
21
lllVi 112
72
74%
Apr
125
113%
135
102
101
111%
104 Vi
98 Vi
115%
23
103% 109%
J-J
A-O
M-S
.
111%
1073%
5
102
—.—_—1973
Series D 4s
109%
108 y2 108 Vi
102 Vi
stamped
debentures
109%
108
108%
J-D
.,1977
19ei
,,1967
1971
Philip Morris Ltd deb 3s__;
3s
109Vi
108
5
1974
B__
gold
5s
AConv
108%
69%
105 Vi
f
*105% 106
1958
4Vis
§ A General
N
13
1963
1st 3Vis
t§AN Y Susq & W 1st ref 5s
§A2d
f
108 Vi
109%
106%
80
J-D
Series E 3Vis gtd gold
Louis—?sf
,_.i,w,1974
N
series
109
.1980
4Vis series C
Philadelphia Co coll tr 4 Vis
Phila Electric lstr & ref 37/2S
1st & ref mtge 23/4s
^Philadelphia & Reading Coal—
Newport & Cincinnati Bridge Co—
N
5s
General
82
74
3
80 Vi
General
108
F-A
1947.
Phelps Dodge conv 3Vis deb
Phila Bait & Wash 1st gold 4s—
78
73%
68
*70
81%
deposit
of
77%
83%
75
76
—
A
series
,
deposit
of
ACertificates
108 3%
107Vi
108%
A-O
4s__
gold 4Vis series C
1st
108% 109
Af-N
1960
Apr 1990
Peoria & Pekin Union Ry 5Vis,—1974
Pere Marquette 1st series A 5s__—1956
1st 4s series B_
1956
833/a
78%
3 Vis
109%
105%
108%
10
F-A
1970
—2981
1984
1952
Peoples Gas L & C ref 5s
& Eastern 4s ext
70%
82%
78%
F-A
deposit—
series D
4Vis
Alst
deb
1093/a
—
107%
106
—
F-A
Peoria
75
79%
80
—
C
of
72
*71
A-O
—1954
deposit
of
ACertificates
A-O
72
B
gold 4Vis
mtge 4 Vis series E
Gen
Conv
'
1027b
96
.33
102% 102%
102%
series
5s
A Income
1935
B
ACertificates
General
Debenture
*109%
*107%
,,1965
1968
series A__,
109/4
106%
106
J-J
Af-N
General 4Vis series D_,_.
102 Vi
93Vi
4Vis
101%
108
23
*104y4
J-J
1948
May 11948
1970
1960
33/4S series C
sinking fund 4Vis
General
847s
102% 102%
103
—
116%
101 Va
6
—
106%
106 A
J-D
95%
115
101
101
*109%
106:
F-A
1969
1974.
Light 3 Vis
mtge
■Cons
103
941/4
12
Gen
126
847s
•
101%
110
85%
95
115
Af-N
—1963
Pennsylvania RR—•
Ccnsol gold 4s
4s sterl stpd dollar
117Vi
114%
•122 Vi
tNew Orleans Texas & Mexico Ry—
§ANon-cum inc 5s series A
ACertificates of deposit—
i
93%
114% 114%
93
94%
J-D
1952
——
debentures
4Vis
105
103Vi
5
103% 103%
Power &
Penna
+
*101%
Af-N
F-A
1955
,1953
ref 5s series B———
&
9
J-J
J-D
gtd 4Vis series B————1961
N J Junction RR gtd 1st 4s—_——1986
New Orleans Great Nor 5s A
,1983
N O & N E 1st ref & imp 4Vis
1952
New Orl Pud Ser 1st 5s series A—1952
Orleans Term
103% 103%
1944
ctfs D
ctfs
Pennsylvania Glass Sand 3Vis
,1960
Pennsylvania Ohio & Detroit RR—
,,1981
1st & ref 4Vis series B__,
1st & ref 33/is ser Da
1968.
1073/4
103%
ctfs
gold 3s loan
Pennsylvania Co—
1077s
103%
J-D
—1945
England Tel & Tel 5s A
1st
1053/4
288
106% 107
Af-N
1st
New
24
103% 106%
110
Paramount Broadway Corp—
93
82
43
93
105
A-O
<*.
gtd 5s
cons
fANew England RR
A Consol gtd 4s
New
AT-S
1954
tANaugatuck RR 1st gold 4s
Newark Consol Gas
92%
J-D
4Vis
Panhandle East P L 3s B
1113/4
F-A
—1960
1949
1949
1971
mtge 3Vis series C-.
110%
J-D
series B_„_1966;
Paducah & 111 1st s f gold
Secured 4s__,
& St L 4s series A
111'%
5
Ref
N
Dairy Prod 3 Vis debs—
Nat Distillers Prod 3Vis
110%
109%
4
Guaranteed
Nash Chatt
108
17
3
1st
111%
37
105% 105%
1st & ref M 3s series K___.
HOVi
*110% 112
108 Vi
109% 109%
108
105% 105%
65
43Vi
1097%
Vi
99
98
099
108%
J-D
110% 110%
3Vis series I
Pacific Tel & Tel 3 Vis
697%
47.7%
*109% 109%
J-J
J-D
t
Nat
105 Vi
Paterson & Passaic G & E cons 5s_1949
1017/4
101
58
59
107%
110%
103%
14
108% 109
109
J-J
J-D
961%
101
58%
108%
107
108
107%
J-J
1961
19661
,,,1970
lst & ref mtge 3s series J
.
1073/8
96%
96%
Af-N
2000
1955
1955
1968
1947
5s series A
Constr M
104%
1st & ref mtge
1958
& Co 3s debs
Morris & Essex 1st gtd 3 Vis
Morrell (John)
1946
73%
60
106%
109
1965
1966
1951
gold 5s
series G
72
59,7/8
F-A
V
1960
1st & ref 33As
327
\ 12
73
70
A-0
Power
1st
4s
Guaranteed stpd cons 5s_
105%
106 Va
*106%
J-J
104
104%
13
723%
68%
*63
70
110/2
104;
71
64
64%
109%
104%
1033/4
*102% 104
104% 104%
72%
597/2
*63
Monongahela W Penn Pub Serv—
1st mtge 4 Vis—.
debentures
687%
57%
-5
108 y8
10
Pacific Gas & El
72%
64
12%
Monongahela Ry 3 Vis series B—1966
6s
72
56 Vi
67%
*105
Montana
567%
5 ''
180
16
107% 107%
Pacific Coast Co
5s__
& NaV con gold 4s^
Ore Short Lins 1st cons gold 53
67%
>
M-S
1st
Oregon RR
68%
108% 1083/4
108 3/4
J-D
Oregon-Wash RR & Nav 4s
Otis Steel 1st mtge 4Vis ser A
73
66 %
108
J-D
30
56%
64
106 y4
106 3A
1946
1946
1940
1961
1962
22 Vi
917
66 %
20 3/4
104%
5
16
J-J
—I960
3748,
15%
41
106% 106%
Af-N
1,044
—
.
Elec
&
29
105% 105 J/4
M-S
1945
28%
64
F-A
1981
.,
deposit
of
Gas
Transmission
68%
—
ref 5s series I
&
Oklahoma
25%
-
Af-N
A-O
1949"
1980
gold 5Vis
—
ref gold 5s series H
ACertificates of deposit...
Alst &
ACertificates
69»/a
63%
—
AConv
Alst
7278
56%
26%
M-N
deposit—
of
A Certificates
56%
140
;
163/4
M-N
J-J
.
Ontario
—
1978
ref 5s series G——
&
tOgdensburg & Lake Champlain Ry— ;
§ A 1st guaranteed 4s
1948
Ohio Edison 1st mtge 4s_:
1965
1st mtge 4s
i
"
1967
1st mtge 33.4s__
1972 -
64%
Af-S
Af-3
4s__
A Certificates
A 1st
.
—
———1975
Alst & ref 5s series F
—1977
A General
.
19
129
103%
100
•_
*63
deposit—
of
Certificates
A
t
132
129
110%
Missouri-Kansas-Texas RR—
:
132
120
99%
75
40-year 4s series B
—
Prior lien 4 Vis series D
by */2
47%
46 Vi
71%-
Prior lien 5s series A—_
82 y4
37%
States Power Co—
1st & ref mtge 3Vis
mtge 23/4s
1st mtge 3%s_,
1st
7%
79%
J -J
J-J
J-D
High
110 3/i
43%
F-A
'F-A
Af-8
Jan 2047
2047
(Minn)
40%
.
73%
impt
&
Northern
41%
29V4
6%
79%
6
&
Ref
40%
30 Vi
18
&
40%
Q-J
Q-J
Q-F
Q-A
J-J
J-J
J-J
J-J
1997
Ref
5%
Vi
29
160
1974
1974
prior lien 4s,_1997
Ref
12
3%
6
39%
40 Vi
7%
10%
*4%
90
1st gold 4s_1996
Ref
10%
19
42%
*32
ry & Id gold 3s
registered,,,
3s
89 7/2
40
F-A
Gen lien
77%
Low
89%
J-J
A-O
1961
5s A
& ref 5s_,
gen
January 1
108 Vi
.
2014
1998
A_____,
4%s series A_-
Northern Pacific Ry
4s registered
88
61
*65
Central
Gen
72%
71%
Co— •
Ry
series
mtge 5s conv inc
Norfolk & Western Ry
70%
101
88
84
J-J
.
73
100% 100%
J-J.
J -J
J-J
1938
1938
5s
68 %
4Vis
mtge
t§ANorfolk Southern RR
13
92
106% 106%
106%
Af-S
Q-F
1949
50-yr 5s series A—1962
tMinn Ct Paul & Sault Ste Marie
§ Alst cons 4s stamped-,
88%
88%
J-J
ext
&
Southern
A Gen
105%
102%
3
1st
97
q"i
qq
105% 105%
Af-S
1941
fAMilw Spar & N W 1st gtd 4s
t§AMilw & State Line 1st 3Vis
«q7
J-D
J-D
1939
AgConsol ext 4Vis—
A Ref
15
Norxolk
M-S
Af-N
J-J
Af-S
A-O
1951
1952
Sag 3%s
-
1st
*8%
F-A
4s__1938
(Chic)
Range Since
Sold
No.
High
*1087b 111
A-O
Niag Lock & Ont Pow 1st 5s A—1955
Bonds
Friday's
Low
18%
16
central—
fcucuigaii
Jack
El
Side
or
Sale Price Bid & Asked
reriod
High
Low
No.
Hiah
Low
Week's Range
Last
Interest
Stock Exchange
January 1
Sold
Sale Price Bid & Asked
New York
Range Since
Bonds
Friday's
or
Friday
BONDS
Week's Range
Friday
BONDS
York
New
JUNE 9
FOR WEEK ENDING
RANGE
2435
FINANCIAL CHRONICLE
109Vi
163
183/i
48
1083i
.1939
31
1093/4
Alst cons & coll trust 4s
A
J-J
.1949
A-O
,
55
>-
*102
91
54%
58%
104 3i
32
112
104%
107 Vi
101/4
102%
89 Vi
94 Vi
102 Va
81
95
44 Vi
59
THE COMMERCIAL & FINANCIAL CHRONICLE
436
NEW
YORK BOND RECORD
RANGE
Friday
BONDS
New
Stock
York
Interest
Exchange
Last
,
Elec
&
Gas
JUNE
Bonds
Range Since
Sold
High
No.
MS
Low
•
111%
St Louis & West
Ham &
108%
Buff
1st
108'/a 108 %
46 %
47'/a
71
39 y4
12 y2
1
11%
gold 4s__1940
14 %
14'A
11
12
Trenton
Gas
&
Elec
1st
gold 5s
106%
106% 106%
J-J
*__
J-J
*72%
A-0
*73%
106%
3s
106
106
Union
62%
98%
97
92%
95%
190
73%
39
,
38
4s
a 2d
j-J
Vi
42
M-S
1978
33%
32%
—
M-N
13
Nov 1989
97%
93%
42%
857
42%
19
38
Pacific Co—
Pac coll)
registered—
4%s (Oregon Lines) A
1st
1967
1947
108%
27
102%
105%
104% 105%
92
102%
105 V*
109%
109
8
109
110%
A-O
106% 107
6
106
107
a-o
102% 103
2
100%
104
United Drug 3V4s debs.
United States Steel Corp—
1958
F-A
103% 104
38
101%
104%
100
45
32%
Serial
94
33
44
Stores 5s
May 11949
M-N
*101
101 Va
102%
1 1949
M-N
*101%
102 %
102%
...May 1 1950
M-N
*100%
100%
..Nov
2.15s
.
v
—
M-N
*101%
101%
102
M-N
*101%
101%
101%
32%
35%
663
28%
37%
2.40s
M-N
*101%
101%
101%
35
23
28%
*101% 102%
101%
101%
101%
103
105
2
32%
82
*_.
34 Vi
30
33%
97
2.45s
37%
2.60S
60%
United Stockyards 4y4s w w__
92
99%
102
103%
126%
128 y4
19°*
60
cons g
4s series A
30%
242
21%
32%
28%
13
20
31
37
41Vs
808
28%
39%
29
27%
42
55%
19
42%
37%
38
36%
1
100% 101%
119
20
60
60
3
104
36%
104%
103%
3
Coke
1st
1st
*108%
M-S
*110% 111
gold 5s:.. 1949
M-3
3%s._1972
54
65%
mtge 4s series A
108%
101 a9*
101%
95%
3
94
89
348
69
89%
79
84%
235
66%
78
76%
83%
497
65%
76%
83%
394
65%
104 % 105 Va
30
101%
98% 100%
471
91%
85%
110% 112%
85%
55
'
87
103
92%
106 %
106% 108
47
J-J
109%
109% 110
4
104%
J-D
130
68
77%
132
56
1955
A-O
100%
gold 3y2s__2000
F-A
ref gtd
1st
.1948
J-J
107%
M-N
F-A
104
M-N
M-N
1st
5s
ser
,
West Shore
.
1st 4s
107%
53
60
102%
16
104
8
104%
104
106 Vi
M-S
M-N
J-J
1944
F-A
1953
J-J
mtge 3%s series B—1974
Ttxnrkana & Ft Smith 5Vis A
1950
J-J
refund
f
s
gold 4s.
Ref & lmpt
Texas
3s
Company 3s deb
1959
debentures
Texas
&
Gen
&
ref
Gen
&
ref
Gen
&
ref
Tex Pac Mo
Third
Ave
AAdi
1st
5s
series
B
101 %
49
5
105% 106'A
34
111
112%
105%
91%
Registered
Wilson
&
67
66%
71%
53
55%
65%
65
68%
52
53
2361
1st
MS
1966.
M-S
1958
1960
1A Wisconsin Central 1st 4s
.1949
of
A Certificates
48
106 Va
120
81%
of
A-O
92
90%
J-D
91%
91
1960
J-J
79%
79%
81%
30
A-O
32%
32
34%
380
30%
37%
102% 102%
2
96%
102%
Friday
Last
Co
common
1
"
B
Great
Appliance
Southern
Alabama Power Co $7
86
preferred
see
95%
80%
96
108
J-J
68
17
—
Jan
26
Mar
20
Apr
21
Jan
Feb
3%
Jun
4
8%
9
%
5,600
6%
Feb
9 % May
8%
8%
8%
300
x8%
Feb
9%
3%
3%
4
2%
2%
2%
2%
■
98
2
—
York
Curb
281
18
65
91%
72%
69%
111%
98
101%
103%
116%
57%
74%
70
16 Va
22%
18
108
108
109%
110%
1
J-J
"l
109% 109%
Jan
Allied Intl
Allied
Class
A
conv
Aluminum Co
6%
new
common
h
107%
108%
101^101 &
12
103% 104
66
Aluminum
Goods
Aluminum
Industries
Aluminium
Apr
3 %
May
89
Jan
102
100
114
Feb
118%
Mar
1
L
Y
101%
104%
d Ix-interest.
e Odd-lot sale not
In the year's range,
r Cash sale
;
Ltd
Mfg
common
common
preferred
for Week
Shares
pfd_.
...10
Jun
American
106% May
American
Book
23%
23%
25%
«
Co
Central
Low
High
Jan
17
May
1001
22%
25% X26
31%
31%
23%
Feb
25
200
23%
Apr
28
33%
Feb
34 %
Jun
110% 113
^
5,300
3,800
Mar
109
9
78
78
79
97%
96%
98%
___1
.1
27% Mar
18%
,
*
Feb
May
113
Jan
Jun
19% Mar
10%
Jan
700
73%
Jan
84
Jan
1,000
95%
Jun
103
Feb
2
300
9.
8 %
9
600
%
Jan
2% Mar
28%
2
100
Mfg
No.
High
•
*
Range Since January 1
8%
Low
..100
American Beverage common
Sales
Range
of Prices
•
110%
Feb
10
Week's
Last
preferred
Jan
104% Mar
104
Friday
common
2%
6%
conv
(Mich)
4 Va May
2%
101
M-N
.I960
Exchange
Investing $3
Products
35%
Jan
M-S
1
Jan
600
—
101%
60 y8
73
70
A-O
Sale Price
Jan
3
—
106
§Negotiability Impaired by maturity.. {The price represented Is the dollar
quotation per 200pound unit of bonds.
Accrued interest payable at the exchange rate of $4.8484.
{Companies reported as being In bankruptcy, receivership, 6r reorganized under Section 77 of
the Bankruptcy Act, or securities assumed by such
companies. *
•Friday's bid and asked prices; no sales being transacted during current week.
ABonds selling flat.
fy f„.
2
98
117% 117%
66%
17
delivery sale not Included In the year's range,
the year's range,
n Under-the-rule sale not Included
the year's range.
35
3
107%
100%
101
15%
1948
High
1,900
50
■
.
New
Low
200
99
107%
116 y8
deposit.
Range since January 1
Hiah
7,700
30
<■
STOCKS—
Shares
•
83%
3%
preferred.IIII.*
page 2441.
112
71
3%
9
103% 103%
not Included In
for Week
__
—
footnotes
79%
50
22
j
116
Deferred
ft
Included in
Sales
Range
Low
IIIIIlQ
Electric
Alabama
Week's
—
Ainsworth Mfg common
3
Air Associates Inc
(N J)
!
IIIIIIIl
Aircraft Accessories
Corp-.IIIIIIIIsoo
Air Investors common
2
preferred
116
10
Supply Mfg class A
Air-Way
94
94
110
of Prices
97%
*116%
M-N
102
110%
96'/8
103%
J-J
1936
1st mtge s f 3%s series D
96%
M-3
Exchange
96%
deposit
§ASu & Du div & term 1st 4s
5
*111 Va
A-O
4s_
; A Certificates
101% 101%
J-J
1949
1st mortgage 3s
Co
Winston-Salem S B
106%
105%
115y2
93%
105
1979
Curb
101%
102
1964
York
49
101
105%
106 V*
1980
Par
For
1
91 y8
J-D
107%
101
Youngstown Sheet & Tube—
C
Jan 1960
107
J-J
118
D
5s
107
35
103%
series
Ry 1st ref 4s
Convertible
92
77%
129
Wisconsin Elec Power 3%s_»L_._._1968.
Wisconsin Public Service 3 %s
.197.1
series
Sale Price
Class
13
*119% 120%
A-O
185
104% 106
106%:
5s
STOCKS
Aero
106%
95%
105% 106
105%-
5s
Pac Ter 5 Vis A
income
Acme Wire
112%
100
92
2361
Conv deb 4s
105% 106%
M-N
Tol & Ohio Cent ref & impt
3%s_.1960
New
100
J-D
1977
112
92
101%
X
120
106% 106%
A-O
2000
gold 5s
112%
98%
105%
103 Va
103
F-A
ig65
Pacific
*118
>88%
47
105%
/
1951
110%
116
M-N
102%
,
112%
13
99% 100%
104% 105%
99%
104 y4
M-S
118
*102% 103%
111%
J-D
105 y4
„
109%
101
1951
Wheeling Steel 1st 3%s series B
111%
118%
108%
1951
guaranteed
112%
106 y8
118
1960
_
87
104%
110%
118
109
111% 111%
A-O
1950
Union Telegraph Co—
Funding & real estate 4y2s
25-year gold 5s
30-year 5s
Westinghouse El & Mfg 2y8s
53
102
101
109
*
J-J
1948
A
110%
1
98
78%
101
*101
109
J-J
1977
106
103Vi
*106%
1966
1952
A
100%
__
105% 105%
104
Pacific
38%
M-S
Wheeling & Lake Erie RR 4s
57
*103
105%
J-J
1953
107% 107%
57
Apr
J-D
series
8
111
*111%
5V2s
7
82%
102
105%
F-A
J-D
Maryland 1st 4s
ref
53
101
J-D
1963
95%
Western
101
110
1945
1967
28
*101% 102%
F-A
..1950
mtge 3%s series I
&
100% 101
50
Q-M
1945
Ltg 5s stpd gtd
mtge 3%s_.
tAWestern
106%
108%
100%
104%
80
24
104% 105%
111
96
100 Vi
79%
1st
114%
73%
38
A-O
J-J
105
255
104%
25
103% 103%
75%
Western
J-J
110%
J-J
77%
1st
84
104
111
80
B
West Penn Power 1st 5s E
84%
87
J-J
97
109%
Apr
Gen
.
85
M-N
A-O
80
96
19
Apr
ser
Westchester
101 y4
M-a
A-O
49
97
1991
mtge inc 4%s
Washington Central Ry 1st 4s
Washington Term 1st gtd 3y2s
101%
101
•M-N
1994
94%
109% 109%
1981
Warren RR
,
108%
99
94%
109%
1971
Walworth Co 1st mtge 4s
105%
J-J
A-O
M-S
AGen
106 y2
107
A-O
102
AGen mtge 4s inc series A
105%
103%
1st 40-year guaranteed 4s_,
19«J
100
W
1st
103
*108%
77%
111
II
Wabash RR Co—
124
82 %
90
110%
..1966
„
102%
123
83 y4
112
111%
96
*102
J-J
102
*126
83
112
109%
96
1958
105 y4
108% 108 Vi
—
F-A
2003
5s__.
cons
103
105% 105%
99%
62
100
52 y4
103
98%
*112
1968
Virginian Ry 3%s series A_...
100%
101 %
*103
37%
101%
102%
101%
11
98%
F-A
60
*101
m-q
98%
M-N
Virginia Pub Serv 1st mtge
43%
37
36%
101aV
M-S
1957
Va & Southwest 1st gtd 5s
54
101%
102
23
102% 103'
19554
f 4s series B
Va Iron Coal &
101
}98?
——
s
69
38'A
J-D
*102%
A-O
Y
Vandalla RR
Va Elec & Pwr 3%s series B
A-O
J98®
..1950
1950
1956
1996
1951
1964
1968
—1972
3%s debs
68%
43
J-J
Pictures
43%
A-O
1963
1962
May 1 1955.
...
105 y4
4
2.65s
104%
"i
..
107
J-J
102 y2
38%
49
63%
60
*102
£> —
31%
30%
103%
102%
M-N
1959
22%
*102
*102
M-N
1951
Universal
104% 104%
F-A
1950
1 1954
NOV
79%
1
A-O
ww
M-N
M-N
57%
27%
F-A
M-N
1 1953
38%
59
J-J
.
May 1 1954
79
60
37%
Nov
s
83%
27%
100'/a
i...
...
159
/
35%
*57
F-A
1 1952
May 1 1953
2.50s
2.55s
106
128 Va 128%
MS
Nov
;
70%
32%
*102%
104%
J-J
Superior Oil 3 Vis debs:————1956
Swift & Co 2%s debs
1961
Gen
101 %
1 1950
May 11952
28
1941
Tenn Coal Iron & RR gen 5s
Terminal Assn St L 1st cons 5s
104
109%
debentures
2.05s
2.10s
A-O
1961
—
debenture,—*
107 Va
104% 105
Nov
78
F-A
Bell Tel 3Vis B
1st & ref 3s series C
Southwestern Pub Serv 4s
ASpokane Internat 1st gold 4VaS—2013
Stand Oil of Calif 2%s debs
1960
Standard Oil N J deb 3s—
1961
2%
28
107% 107%
104%
a-o
J-D
A-O
Aug 1949
1949
1977
Southwestern
*
mtge 3%s series A.
107%
M-N
1970
__1971
1952
89 %
98
A-O
1935
6s—
Devel & gen 6Vis
Mem Div 1st gold 5s
St Louis Div 1st gold 4s
J-J
19%
2.20s
60
1954
gen
104
2.35s
76%
MS
-1950
RR 1st rel gtd 4s——1955
&
Devel
102%
49%
98
1»33
Stamped
Southern Ry 1st cons gold 5s
Devel & gen 4s series A
12
102% 102%
RR—
48%
57
37%
Fran Term 1st 4s
South Pac
J-J
112
19
36 %
77
A-O
-1933
Gold
San
106
111
111%
1955
MS
Gold 4Vis
Gold 4VaS
103 y4
104% 105
1980
Southern
(Cent
F-A
36 Va
98
M-N
■—Lyiv
4s
111
a-o
1959
1
57%
F-A
iyDtf
fund debentures
{§ ASilesian-Am Corp coll tr 7s
Simmons Co debentures 4s
Skelly Oil 3s debentures
Socony-Vacuum Oil 3s debs—
South & Nor Ala RR gtd 5s
South Bell Tel & Tel 3%s
4s
111
M-N
209
80
J-J
—1950
debentures
107%
45%
J-J
1950
2 3/4 s sinking
3s
Pacific
Cons
debs
Union Oil 2%s
106%
4
107% 107%
44%
J-J
A——1990
Bt Paul & Duluth 1st cons gold 48.1908
tASt Paul.E Gr Trk 1st '4%s_.
1947
*§ASt P & K C Sh L gtd 4%s
1941
8t Paul Union Depot 3Vbs B
1971
Schenley Distillers 4s s i deb
1952
Bcioto V.liNE 1st gtd 4s
1988
Shell
10
*115%
107%
41%
J-D
1952
unifying 5s—
{Seaboard Air Line Ry
§ A 1st gold 4s unstamped
$ A4s gold stamped
5 A Refunding 4s_————
A Certificates of deposit
A 1st cons 6s series A—
A Certificates of
deposit
l§AAtl & Birm 1st gtd 4s.
J A Seaboard All Fla 6s A ctfs
A6s series B certificates.,
J-D
M-S
95%
81
38%
105
J-J
ref goid 5s series
&
A Gen
103%
44%
-—-1989
bond ctfs_—
inc
{ a 1st term &
High
104
101%
__
United Cigar-Whelan
'
Louis-Southwestern Ry
4s bond certificates
1st
January 1
101%
99%
95
...
deposit
A Cons M 4 Vis series A__
A Certificates of deposit stpd
}St
7
•
United Biscuit 3y2s debs
100%
95%
1
93 y8
j-j
Il950
*103%
__
1971
1st & land grant 4s
34-year 3'As deb
35-year 3%s deb
71%
63
-
*99% 100
of
Certificates
a
92%
j-j
,.1950
5s series B
APrior lien
m-a
..1955
..v,——
San Francisco Ry
4s ser A
ACertiticates of deposit
Hen
.
..1945
5s
debentures
107
105
__
97 Va
98
j-j
,.1959
o
12
Ref
M-N
'Il948
A Prior
102% 102%
Range Since
Low
No.
U
Union Electric Co of Mo 3%s
97
IBt Louis
1949
1953
19
----1998
Southern-
t*r
102%
.
A-O
16%
J-J
..1933
A-O
Sold
Hiah
50
12 y2
A-O
—
1950
Bonds
Friday's
or
109%
MS
Saguenay Pwr Ltd 1st M 4Vis——J®®®
St Jos & Grand Island 1st 4s
1947
Bt Lawr & Adir 1st gold 5s
1990
gold 6s
tSt Iiouls Iron Mountain &
River & Gulf Division
A 1st
4s stamped.
Week's Range
Last
Sale Price Bid & Asked
~
1st
{§ A Union Elec Ry (Chic)
Union Oil of Calif 3s deb
2d
4s
Tri-Cont Corp 5s conv deb A
II
Interest
Low
111%
5
__
J-J
stamped— —1941
Friday
Exchange
High
MS
MS
Stock
Period
Toronto
*111Vi
BONDS
New York
"125 %
MS
9
January 1
Toledo
mtge
t§ A Rutland RR 4yas
ENDING
Corp—
1977
4%s series D—...
l«t>7
Gen mtge 3%s series H_
1967
Gen mtge 3%s series I1969
Gen mtge 3%s series J
t§AR I Ark & Louis 1st 4%s— ,—1934
1949
t A Rut-Canadian 4s stpd.'
*
Gen
WEEK
*
Friday's
or
Low
Rochester
FOR
Week's Range
Sale Price Bid & Asked
Period
Monday, June 12, 1944
Jan
34% May
5% Jan
9% May
1
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
Volume 159
NEW YORK CURB
Last
New York Curb Exchange
Range
Sale Price
Low
Par
class
Convertible
Class;
.
-■
A—
39
~2%
American
Fork
St
General Corp
American
27
.—.-10
.———100
Electric—
26%
110%
5,400
15%
5%
700
200
34%
Jan
43%
175
41 %
Jan
17
400
29%
29%
14% Apr
25% Feb
May
41%
150
35%
Jan
43
97
May
Central
Central
New
Central
Ohio Steel
1
2,900
Jan
Jan
Jan
27
40
15% Apr
10%
1,800
.17,300
Jan
ft
4%
ft
ft
4%
111
May
14
'
15%
1,300
3%
3%
500
3%
5%
6
3.200
4%
Jan
2%
3
600
17 I
17%
106% 107%
Jan
Jan
4% Mar
Mar
6
2% May
3%
Jan
2% Mar
300
2%
2%
Jan
18%
Jan
14
Apr
/f Jan
^ Jun
105
May
46% Mar
Apr
Jan
3%
3
Jan
13
500
18%
Jan
110
106% Jun
150
Feb
Mar
3 %
3%
3%
1,200
3%
2.400
3
May
4% May
4 % Mar
3%
12,700
3
May
4% Mar
1,000
9%
Jan
10% Mar
90
97%
Jan
3%
3%
2%
10 Va
3%
10
106
4%
•
106
8%
10
Apr
Atlas
10
Automatic
Apr
Apr
Jan
10% May
6% Apr
Voting
Jun
1,000
,
16% Mar
8% Mar
10
Controller
...
Apr
Feb
Cockshutt Plow
12%
47% May
2
1% May
5% Jan
8%
900
11%
11%
1,900
9%
~5%
"5%
400
3%
4%
8
Jan
Jan
8%
31
Feb
Jan
8% May
12%
Jan
Feb
5
Mar
Jan
5%
Apr
Jun
May
9% Jan
21%
Feb
9%
Jan
23% Apr
14% May
8
23
23
25
Clinchfield
Coal
Apr
% Jan
6
Feb
7%
Colon
Co
Apr
100
82
Jan
97
6%
Jan
&
1,200
%
Jan
40%
725
17%
Jan
53% May
17% Mar
115% Jun
43
11%
106
15%
18,200
13%
2,750
92%
Jan
11%
100
8%
Jan
70
85%
Jan
108%
8
900
8%
100
7
19%
20%
%
600
18
preference
5%
Commonwealth
33
16%
17%
13%
13%
100
3%
700
~3%
3
275
1,600
.*
"4%
20% Feb
1,000
Mar
25
6%
warrants for common—
Purchase
—30
preferred—.———
7%
"2%
~4%
Jan
Va
Jan
Jan
11%
Feb
6% May
37% Jan
17% May
11
Jan
14 Va Mar
30%
Southern
2% May
Aircraft
1
4%
5,700
4
Jun
6%
Feb
7%
3,000
6%
Apr
9Va
Jan
2%
600
2%
Apr
3
Jan
35%
35%
36%
1,650
67%
65
68
a*a
300
56% Jan
A' Jan
3/64
22
22%
350
20%
Feb
23
Mar
15
1,000
■% Apr
1
May
.25
——1
550
II
35
Blauner's
Blue Ridge Corp common
7%
Inc
Bourjois
Jan
35%
%
8%
9%
1,700
12%
12%
2%
3,600
3,800
*
—100
—25
Jun
6%
Con /on
14%
Feb
$6 preferred A
Cosden Petroleum
8% May
,
9% May
,15%
Jan
3
Mar
American dep
Jan
14% Mar
Crowley Milner & Co.
—
Crown Cent Petrol (Md)—
11% Mar
Feb
Jan
105
Mar
Mar
Jan
100
10%
Jan
12
%
100
%
Jan
1%
...
1%
6%
Jan
17% Mar
1,300
1
Jan
3% Mar
20%
19%
20%
4;900
18%
Jan
10%
11%
1,600
9%
Jan
:ii%
Apr
% Mar
1,100
10 %
1
21
12%
*
3%
Apr
Feb
9%
Jan
Jan
3%
Jan
9
Jan
Feb
Jun
Jan
9%
.
Jan
8Va
115
2
12
.
Apr
Apr
May
May
4
May
10% Mar
90
100
13%
100
12
Apr
6%
~6%
6%
1,900
13%
100
13%
2
800
86
1%
86
20
26
12
H Feb
-
14
Jan
1% Jan
Apr
2% Mar
.
87
Mar
84
Jun
6% May
Jan
Jun
1,500
2
Feb
23
Jan
29% Mar
23
4
2% Mar
.400
2%
2%
24%
13%
5% Feb
%
1%
106% May
Mar,
13%
105% 106%
105%
..
Brewing Co
.7%
,
23%
23
c-25%
;6,300
1
—•
—.—5
1%
1
1%
4,100
9%
8%
9%
2,900
4
4
200
2%.
2%
400
—
—
.
Cork International A———
Crown
2%
Crown Drug Co common....
n% convertible preferred
25o
...25
Crystal Oil Refining common—^
__*
$6 preferred.
10
Cuban Atlantic Sugar..
—5
Cuban
Tobacco
Curtis
Lighting
Curtis Mfg Co
8%
Apr
Jan
3%
Mir
28 Va Mar
Jun
%
Jan
1%
Feb
10 Va May
4%
3% Jan
10 J/a Jan
Apr
Mar
14
Jan
2
24 Va
%
2% Mar
Apr
Apr
25% Mar
|| Jan
11%
Jan
Apr
23%
Jun
3%
Jan
8% May
2.50
Inc common—
(Mo)—.
Feb
19%
...•
common
10
2Va
Apr
3
Feb
8% May
9
May
22%
23
23%
12,100.
5
Jan
1%
2Va
3,900
Bridgeport Oil Co—....———rlo %
10%
11%
2,400
9%
Apr
13%
Feb
Brill
10
10%
900
6%
Feb
12%
1%
Apr
-
Bridgeport Gas Light Co—>
class A
Corp
Class.
7%
■
• .#Dtio%
-£iX-xSh
—
B
..
.
preferred
Brillo
Mfg
100
Co common
1%
1%
1,200
525
1% Mar
81%
Jan
12%
128
124
125
Jan
22
Feb
Jan
128% May
Darby Petroleum common.——8
Davenport Hosiery Mills....
•
Dayton Rubber Mfg
—
1
39%
14
Mar
18%
Oil"
British American
British-American
Co
Am
rets ord
dep
"
£1
reg—
Amer dep
Brown Fence & Wire common
Class
A
18% Jan
Feb
20
Jan
Bunker
17
Feb
Feb
St
..25
16%
•
100%
...2.50
9%
;
Sullivan.
Inc $3
preferred
Burma Corp Am dep rets..—
Rurry Biscuit Corp...
(P
H)
Apr
1% May
4 % Apr
900
3%
100
14%
Feb
17% Mar
3,4W>
17%
Jan
26
May
77%
Jan
85
Jun
1%
3%
16%
23
85
70
Feb
9]/a
2%
1,300
Jan
2%
Apr
26 %
2%
26
9%
4% Mar
17%
200
21
Jan
26%
Jun
9%
1,500
9
Jan
9%
Feb
Power—
preferred
preferred
Hill
3%
16%
22y8
85
__
5
•
Buffalo Niagara Si East
1st
"
——.*
Buckeye Pipe Line
$1.60
3%
22%
....1
Jan
May
1% May
1
Co common
3%
17
1*
1
—
—
Brown RubDer Co common..—
(EL)
200
4%
*
preferred.——i.—.—
$5 prior preferred
4(4
.*
;.
Brown Forman Distillers—.
Butler
Feb
15%
10s
rets ord reg—;
Class B
Burco
'
.£1
.
British Columbia Power class A
$5
18
20
•
-
—
Celanese Ltd—
British
Bruce
"I
•
Tobacco—
Am dep rects ord bearer
16%
9%
6,100'
,
9%
400
2,300
•
....
.250
i4% Apr
97%
Feb
9% May
31 Va
Feb
17%
Jan
104%
Jan
12
Jan
34
Jun
1%
7%
1,700
1
Apr
1%
Jan
3%
1%
12 %o
common..
16%
100% 101
3%
3,100
3
Apr
4
Jan
5%
Jan
.II
4% May
Class A convertible..
—35
Dejay Stores——i——.w-U
Dennison Mfg class A common..—
5
$6 prior preferred—
———.50
8%
debenture
—
Voting trust certificates—
Cables
&
7%
preferred
Shoe
Distillers
California
Callitp
100
500
7/0
%
500
if Jan
%
Jan
26
Jan
19%
Jan
36
Mar
8
May
40
132
8%
6,200
13%
20 %
100
100
18
41
3%
4%
22
23
1,500
200
...
77
113
Jan
—
—
—
—
Mar
135
5% Jan
■
79%
Jun
Jan
%
Feb
13%
Jan
Jun
lVa
.
Jun
20%
127/a Feb
19
May
8% May
Apr
3%
Jan
4% May
20 %
Jan
23% Mar
22
..
Jan
25% Mar
10% Feb
10%, Feb
13% Mar
—.10
■
Jun
4% Mar
Jan
Jan
1°°
4%
23
:
6% Mar
Mar
14 Va
Apr
Co Ltd—
common—
—£1
1
Am dep
rets ord reg
Divco Corporation
Dobeckmun
Co
...1
common
Domestic Industries class A com——1
Dominion Bridge Co
Dominion
....
..
7%
8
-
.—
5%
—
——
25
*
"
—
Corp.
-
10
—
*
*
Duro Test Corp common.
—1
Duval Texas Sulphur——*
—
—
Hosiery class B common
..
..
—
6%
5%
—
6%
—
1,400
68
27%
70
28%
79%
81
600
—
4%
2%
75
14
5%
Jan
Jan
.
Feb
5% May
6% Mar
22% May
23 Va May
6%
6% Mar
Feb.
Jan
67
7'A
300
74
Feb
72% Mar
Feb
125
10%
Jun
13%
29 Va
Feb
Jan
81
26% Feb
400
300
400
Feb
8
Mar
6%
200
—
4%
2%
10 Va
13
10%
8
,—
5%
Ltd
Steel & Coal B
Dominion Tar & Chemical Ltd
Draper
1% Mar
Jan
65
7%
...
4%
Jun
Jan
15 Va
72
—10
—
Diamond
.
20%
10
Steel Products—
De Vilbiss Co common
200
1,300
•
13%
;
...
Detroit
4%
.
.a
39%
17
Jun
3% Jan
5Va Mar
2%
Jan
3 Va
9%
Jan
Jan
10% May
1% Mar
3% May
7% Feb
.
Wireless—
American
Calamba
1%
132
8%
..
7%
—
132
——
Duke Power Co
1%
7%
4V4
.a
'
100
...
10,000
100
350
"
■■
..
—
Durham
50o
'
Derby Oil & Refining Corp com.
—*
A convertible preferred
Detroit Gasket & Mfg
1
6 % preferred—
.20
Detroit Gray Iron Foundry.——!
Detroit Mich Stove Co common
1
Driver Harris Co.—a
j Cable Electric Products conpnon
—
39 %
24 Va
19%
24
33 Va
36%
24
18%
-
—
•
—
1% May
Jan
21%
....
:
3%
9%
1,100
'1,600
1,300
.5
10%
12%
1%
3%
9%
11%
receipts (ord reg)—£1
100
11%
11%
6
Jan
6%
Feb
Mar
38
4% Jan
32
1%
11%
5
69
117% May
110 Va Mar
Courtaulds Ltd—
14
—
200
1
Creole Petroleum
Croft
7%
450
.50
common
preferred.—
48 % Mar
11%
Corp common..—
Brewster Aeronautical—
convertible
Jan
%
Breeze
5%
—.—
43%
24
700
5%
38
Jan
114%
1
-1
—•
Reynolds—
St
300 *
80
106%
,7
7
•
——50
48
12 V
Feb
—....
Coro Inc d™
Jan
Jan
—
,
105
——•
Jan
Jan
11%
.100
$5
—L*
Brazilian Traction Lgt & Pwr———*
100
-
4%
37%
—100
preferred
1%
Feb
Apr,--
1%
prior
37
Jan
Feb
7%
34
Apr
•
1st preferred—
2d preferred
105
Cook Paint & Varnish Co——
Copper Range Co
Cornucopia Gold Mines
134
27
.
105%
Fdy & Machine Co.—-1
Jun
4% Mar
Feb
Apr
——•
—
Feb
5
Feb
Jan
Continental Gas St Electric Co—
JUn
11%
Jan
1% Mar
Feb
113%
——10c
Textile; Co..
Consol
Continental
47 y8
—
63%
240
4%
65%
\
.100
10
•
'May
14
47%
800
-
*Jun
% May
1
8%
preferred
Consolidated Royalty Oil
Consolidated Steel Corp
9
17%
6%
50
66%
116% 117%
1
75
25%
900
...
Apr
Apr
127%
100
a
Apr
5% Jan
4 % May,
35
20
1,200
65%
116%
St Smelt Ltd
Consolidated Retail Stores———
Jan
2% Jan
1,900
2%
.1
Bowman-Biltmore common
1%
3%
133% 134
9%
12%
(H C) Co common—
1st preferred—
Borne Scrymser Co.—
V
14% Mar
12
$3 optional convertible preferred—*
Blumenthal (S) & Co—
•
Bohack
Apr
21
400
7%
1
:
Feb '•
6%
..1
(E W) common—i————
3% Feb
4
4%:
•
Utilities
Gas
11%
33 Va
Jan
100
..100
Consolidated Mining
30
.—.—I
—
Consolidated
Jan
-65-
2,700
35%
—————•
common
17%
25%
%
.Birdsboro Steel Fdy & Mach Co com..•
Bliss
100
—*
preferred series C
Feb
7%
2%
50
9
2%
133%
.*
_.i.
common
200
4%
75
4%
40%
16 Va
Mar
71
Va Mar
33 Va
——.1
Co.—
series B preferred—
Jan
Jan
47% Mar
May
9% Jan
1
1946
——......
Biscuit
Jun
1
4%
——•
Convertible
Blckfords Inc
preferred
Jan
2
Feb
10% Mar
7%
wariants—
Consol GEL P Bait common.
6%
4J/a
600
15
—.—.100
preferred
Berkey & Gay Furniture
4%
23%
—10
common—
& Hedges common.
Benson
,
.
3%
Jan
Compo Shoe Machinery—
6%
8% Mar
Jun
2%
100
—
&
39%
6,000
9
preferred..—..20
Bell Tel of Canada
2%
75
,
Beaumt Mills Ino common.—
Bellanca
50
13
(L) common—————*
1st preferred—
—.—.100
1
$1.50 convertible
2%
4%
Baumann
Brummel Ties—
5,400
..5
/Basic Refractories Inc.——..——I
7%
6%
40%
.
1
Barium. Steel Corp
—
Barlow St Seelig Mfg—«•
$1.20 convertible A common—..
Beau
6%
40%
.1
Rubber Co. common—
Baldwin
Mar
22%
4
7%
Arms—.———25
Community Water Service
4%%
Baldwin Locomotive—
9
Jan
10
Community Public Service..—
$3
23%
May
8% May
% Jan
700
30%
..*
12 % May
Jan
4
33
Mar
110
6% Feb
8%
19%
8
Jun
fs
Feb
113%
14%
109
8%
Columbia Gas & Electric—
Consolidated
22
Jun
475
~is
;
———I
V t c extended to
B
Apr
Jun
8%
Colorado Fuel & Iron warrants—
Colt's Patent Fire
Jan
116
8%
.100
Airlines
Jan
Jan
42%
Co..—....*
common...
8
14%
13%
97
Conn Gas & Coke Secur common—*
22
9% May
8% Jan
50
97.
96
Development ordinary..
Colonial
425
Jan
May
116% May
% Mar
8%
A
—•
Corp
Utensil
Aluminum
14%
116
—1
—4
...
3
100
100
116
——...1
Co
Lights Inc
Clayton & Lambert Mfg.
Cleveland Electric Illuminating.
Cleveland Tractor common—..
7.300
8%
112
800
5,800
14
14%
1
—.—100
Neon
Club
2
25
%
9%
99% Mar
10
Jan
7 % Mar
...
Feb
~8%
7% May
8%
Jun
21% May
4% Jun
96% May
8%
14%,
1 %
80
900
116
%
110%
8% May
1%
Babcock & Wilcox Co-
15
Jan.
May
3% May
130
7%
98
8
10
Jan
Jan
116
%
—
Jan
2% Mar
8,800
8%
60c
6%
25
4%
7%
preferred..preferred B.i—a—————*
$6 preferred BB
_•
City Auto Stamping
——*
City & Suburban -Homes—
—.—10
$6
300
3
15 1
97%
98
__
Cities service common
1,600
8%
23
4%
1
——
Consolidated Mining
SChilds Co preferred —
6%
75
—5
.25
—1
May
112
1
*
Chief
8%
3
Machine———.—•
117
Jan
12% Jan
'
%
pfd—100
Avery (BP) & Sons common—
6% preferred
———
Ayrshire Patoka Collieries
114% Mar
—
Claude
7%
—-——1
Products—
Automatic
Jan
108%
3,200
20
Strip Co—8
Corp common
—10
Cherry-Burrell common-.—;
5
Chesebrough Mfg
25
Chicago Flexible Shaft Co..*.;
—5
Chicago Rivet & Mach
—.4
%
8
13%
4%
Chamberlin Metal Weather
6%
U%
14%
pfd—100
Proaucts
Charis
Clark
7%
York Power 5%
A'rdraft Co..
Cessna
Jan
500
;—*
———1
Plywood Corp
15%
10
Corp of America—..—...I
5%
8
—1
Feb
9Va May
48 Va
8% Mar
Central Power & Light 1%
.100
Central & South West "Utilities.—.50c
Jun
106%
6,700
10
10%
——.50
Co
25
Jan
May
10
116
112
Hudson Gas & Elec com.....*
1% Mar
Feb
7%
41
Feb
Feb
Feb
14% May
10
116
——•
Products..—.
(A M) & Co
50
Atlas Corp warrants————
Atlas Drop. Forge common—.——5
100
210
...——.ii
Castle
Jan
2
Jan
9%
14%
144
Jan
12%
43
112
14%
——1
common.—
(J W) Co com
Carter
30
Corp
Catalin
2.800
"6%
9%
Carolina Power St Light $7 preferred..*
$6 preferred—.—.—.—*
Carrier
1%
400
X23
*
—
Casco
13%
9%
Apr
5 % Mar
Jan
1,000
•
...
18% Mar
40%
Co————.1
Fisheries—
Coast
class A
common
26%
4
Associated Tel & Tel class A——*
Coast Line
42
Co
&
Jun.
12%
American dep rects reg—£1
Atlantic
9%
42%
1%
14%
14
—
Apr
40%
17%
1%
1%
14%
.1
16%
12%
107%
144
—100
—
—1
Carnation Co
Mar
22%
*2%
5%
4% Mar
City Products——..—*
Carman
xl8
Associated Electric Industries--
Atlantic
preferred
Capital
25%
1%
Works common——————5
St Coast RR Co
7%
Canadian Marconi
100
100
40%
-10
Arkansas Power & Light $7 preferred.*
Aro Equipment Corp new—.———2.50
Atlanta Birra
voting
2.300
l7;
14%
High
Feb
Canadian Industries Ltd—
17
88%
4%
Low
4%
—•
——•
26
*
Associated Laundries of America
non
Range since January 1
High
———
41
41%
preferred
Ashland Oil & Refining
voting
16%
•
non-voting...
Jun
37% May
43% Jan
A
Shares
Alcohol—
26
16%
Apex-Elec Mfg Co common—.——.
•
Appalachian Elec Pwr 4%%: pfd—.100
Inc
—1
class A
Mar
6%
Jan
6%
37%
Jan
17% May
28 % Apr
111
Jan
17
Argus
Natural Gas common—
1%
Jan
107
Feb
41% Feb
Jan
26%
50
700
——
——
Art Metal
16 Vb
27%
42%
42%
—25
American Laundry .Mach.—..—..-20
American Light & Trae common—25
6% preferred
—
.—25
American Mfg Co common.—.
100
Preferred
100
American Maracaibo Co——
—1
American Meter Co—-*
American Potash At Chemical—.
;*
American Republics
————10
American SealtKap common—i—— .2
Amer Superpower Corp com—-——10c
1st $0 preferred—..
—
.*
$6 series preferred
———.*
American Thread 5% preferred—.—3
-American Writing Paper, common——*
Anchor Post Fence—,—
:——2
Angostura-Wupperman
—
1
6%
88.900
2% Mar
45
Feb
37%
37%
American Hard Rubber Co
Common
%
Class B
,
36 % May
% Jun
6.600
6%
preferred———!
$2.50 convertible preferred—.——1
convertible
Arkansas
38%
110
38 %
109% 110%
—-10o
common
.11 Apr
Class
41% Mar
35% Jan
X42
16 %
common—*
Hoe
Gas &
preferred
200
1.000
%
%<
44% Mar
for Week
of Prices
•
Low
Par
Industrial
Sales
Range
Last
Sale Price
tiiun
Jun
2%
X36%
41
38
350
38%
36%
2%
36%
non-voting
10
American & Foreign Power warrantsClass B
American
40
38
—-—10
Cyanamid class
American
$2
Low
Hiah
Week's
Friday
STOCKS
New York Curb Exchange
Range since January 1
Shares
Canadian
-25
-23
——«--»-1
A—
Class B
4% %
of Prices
Cities Power & Light-*-
American
JUNE 9
Sales
for Week
Week's
Friday,
STOCKS—
EXCHANGE
FOR WEEK ENDING
RANGE
2437
dep rets 5% pfd—
Sugar Estate
Electric
Tun est en
Canadian Car &
Participating
Power
.!
Corp
6%
6%
100
3% May
5% Apr
10
6%
6%
7
500
5%
Jan
7% Mar
j
5%
5%
6
3,500
4%
Jan
6% Jan
—£1
1
6%
Foundry Ltd—
preference
For footnotes
see
page 2441.
•
4%%
-—25
21
Jan
.21%
Apr
prior preferred
preferred
2% Mar
1%
1%
600
1%
Feb
65%
66%
175
56 %
Jan
70
Mar
36%
36
37%
700
32%
Jan
40
Ma*
26%
26%
Jan
28
Mar
1%
—100
26 Va
50
24 Va
;
.
.
(
THE COMMERCIAL & FINANCIAL CHRONICLE
2438
Monday, June 12, 1944
NEW YORK CURB EXCHANGE
RANGE
of Prices
Sale Price
Par
Eastern
$7
States
preferred
series A
$6 preferred
Eastern
$5
t
v
B
Economy Grocery Stores
Bond
Electric
Share
&
Electric
415/a
300
331/4
Jan
High
Jan
15
6
% Mar
ft
1,050
1
Jan
Feb
Imperial
6% pfd
May
7%
Jan
10% Mar
83%
Jan
93% Mar
91 »/4
1,300
88 %
Jan
95
59%
750
46 ft
Apr
65 % Mar
400
13%
4,600
8%
320
103 %
42
118
Va
42%
1
common
30
100
l'/a
1%
36
--
6
231/4
625
10%
Apr
1,400
Fairchild
1
1
1
& Inst Co
Camera
Engine
Airplane
&
Brewing-—_
Falstaff
97/e
1%
16'A
17 •
6%
Ireland
Ford Motor Co Ltd—
*1
rets ord reg
Ford Motor of Canada—
Class
B
voting
Jan
118
Jun
44
Feb
Jan
Fox
Franklin
Distilling—
& Malt common
Co
Mar
38
Preferred
$3.50
Jan
>9%
10
300
9
Jan
10
Feb
24%
350
24 Va
Jun
23%
Warrants
—
International
Petroleum
110
290
106
51
51
20
42
ft
Jan
66%
Feb
52
52
52
10
46%
Jan
70
Feb
1
Apr
1% May
27
Jan
32% May
32
81%
32
25
24
Jun
5,400
1%
Jun
10% May
21/4 Jan
15%
16'A
900
12%
Jan
16 %
17%
700
141%
Feb
6
6%
2,200
5 %
May
191/4 May
7% Feb
25% Mar
60%
130
56%
63
Apr
Jun
Mar
Apr
5%
83
.500
77%
Feb
84 Va
16%
17
400
14%
Jan
17% Mar
.8%
9
600
700
19%
Feb
211/4
450
19%
Jan
•
7% Jan
15%
3,900
7%
Jan
3,600
16%
10% Mar
Jan
Apr
19 %
Registered
17%
shs__•
shares
8%
8%
Jun
.17%
:
18
7%
7%
700
Apr
7% May
1%
1%
100
1%
26%
7%
—10
26%
100
a7*
400
,
•
prior preferred
Interstate Home
Equipment
Interstate
Jan
Jan
8 Va Mar
Jan
2
18% Mar
29
33
Feb
Jun
Mar
Jan
♦
$3.50
Hosiery
36
37%
200
24%
Jan
38
Jun
*
4
49
49
100
44
Feb
50
May
1
1,200
1
Feb
1 Va
Feb
25%
Feb
Jan
12%
Jan
1
25
Mills——
_•
$7 preferred—
•
_—.1
~9%
"9%
100
%
%
500
Iron Fireman Mfg voting trust ctfs—•
Irving Air Chute.
i
1
Italian Superpower A
i
•
19%
Interstate Power
Investors
19%
19
16%
•
Products
9% Mar
Royalty
7
% Mar
.
Jan
A May
450
17%
Jan
8%.
400
7%
Jan
9
1%
800
%
Jan
1% May
2%
20
\
8
;
1%
20% Mar
Mar
21% Mar
93
100
•
Aircraft
Jacobs
2
31/4
3%
161/2
16%
13%
450
41
41
61%
62
Jan
70%
50
12%
400
2%
Feb
95
Jan
May
Jacobs
1
4
Jan
Jan
14% Mar
preferred
preferredJulian & Kokenge Co
50
37
Feb
45
Mar
58
Jan
x68
2%
3
.
2,900
7%
8%
2%
'
Apr
3%
Jan
5
Jan
8%
Jun
2%
26,900
2%
Jan
2% Mar
200
pfd—100
100
Jersey Central Pwr & Lt 5%%
18
6 %
v
-
—
X92
99
100%
160
.92
Feb
95
May
100% May
—100
Feb
Jan
8%
•
16% Mar
3
3
1
Engine Co
(F Lj
Co——
Glass Co
Jeannette
10%
160
,
—-
.,—100
Apr
Jun
21'A
21%
93
12 A
Jan
Jun
21
1
110
81%
International Safety Razor B
International Utility class A.
Feb
1%
4%
Mar
*
8%
coupon
International
Jan
2,400
Feb
110
—
Apr
7%
5%
22 %
Jan
51
1
series
Apr
17
93
1
Co
$3 conv stock
4%
convertible preferred
(Geo A)
Fuller
12 %
International Minerals and Chemicals-
6%
1%
-J
Grain
Froedtert
12%
Apr
International Metal Industries A
34%
2,600
--
5
Apr
11
,
Jan
'•
rets bearer
iPeterj Brewing Co
10%
100
fa
21 Va
dep
Amer
4,600
50
Cigar Machine
10%
5%
Jun
11%
$1.75 preferred
,
of France—
Motor
Ford
6%
Hydro Electric—
21
'
*
A non-voting
Class
•
Jan
11%
1%
preferred
———100
Insurance Co of North America
10
International
„
dep
Am
5%
11%
Industrial Finance vtc common
International
93A
•
High
100
11%
&
£1
Britain
Mar
25% Mar
Mfg Co
Fedders
Great
33
57
*
—-5
Federal Compress & Warehouse Co—25
Fire Association
(Phila)
10
Metallurgical
Fansteel
11%
Indianapolis P & L 5.%% preferred_100
Service 6% preferred
100
7%
preferred
;
100
F
Fairchild
of
Tobacco
Mar
18%
Low
6%
6%
Indiana
1% Mar
47/a
Range since January 1
High
5
14% May
11% May
31
Shares
<•
Jan
Jan
31%
2,900
24
% Mar
1 Va Mar
--
——*
Feb
Low
£]
•
—
Jan
8%
6,800
36%
5%
1
42 Va Mar
—
b
Eversharp Inc
% May
8% Feb
31 %
Am
Jun
14 %
100
50
common
15%
100
117
1%
Inc
Pipe Line
Jan
31,000
--
1°°
Equity Corp common
$3 convertible preferred
6
8 %
121/2
117 A
100
•
--5
48%
15%
__
Equipment
Jan
for Week
Chemical Industries—
Registered
Imperial Tobacco of Canada
89 »/2
301/a
Imperial
Sales
Range
of Prices
Par
.
Jun
Jan
Week's
Last
Sale Price
421A
..,
551/2
—
Friday
Exchange
dep rets regis
Imperial Oil (Can) coupon
90J/2
12 /4
participating stock
&
5
,
is
Curb
Jun
8 VB
'a
56%
York
42%
89 Va
Corp
Power
Derrick
35%
15,100
warrants
Empire District Electric
Esquire
40'A
■
♦
2d pfd A
& Light
Elgin National Watch Co
Emerson Electric Mfg-——-
Eureka
33'%
53A
«%
——-
Electrographic
Emsco
50
39
--
—
Power
Option
Empire
Low
300
42 Va
40'/a
40/4
5/3
1
5
common
preferred
preferred
$6
STOCKS
IS
42
1
*
—*
c
Machine
Washing
$5
18
40 %
9
Range since January 1
Sugar Associates—
preferred
Easy
B
series
JUNE
New
Shares
High
Low
-
*'
•
•
Corp
WEEK ENDING
for Week
East
Exchange
Curb
FOR
Sales
Range
Friday
STOCKS
New York
Week's
105
105%
70
100
Jan
106 Va
Apr
18
Jan
20 %
Apr
7%
x92
75
87%
Feb
Mar
•
—
K
Kansas Gas & Elec 7%
Gatlneau
5 %
Co
Power
preferred
Gellman
•
common
100
Alloys Co__
;
5%
77'Va-
2%
preferred series A
;
81/4"
100
11/2
Jan
3
Feb
1
800
f!
Jan
1%
Apr
& Elec
common
$6
Shareholdings Corp
convertible
16%
50
800
May
4
Mar
8
Jan
115
60
98
14
98
Jan
78% May
1%
1%
Feb
861/4
170
751/2
Jan
861/4
12
100
8%
Jan
12
48%
75
1121/4 1121/4
50
48%
•
*
1051/4 1051/4
41%
111
10%
•
10%
10%
10
Jan
Mar
100%
150
10
*
Jan
Coal
13%
41%
'"I*
$3
Inc
10
class
III
Mines--
&
Pacific
Great
Northern
Gulf
$6
41%
Apr
Jun
11%
Apr
107%
Jun
%
Jun
.lA
%
12,900
Va
Jan
5%
Jan
7% May
Jan
82% May
32% May
78
31%
31%
100
30%
Feb
6%
6%
100
4%
Jan
T%
8%
90
56
7
Mar
.8%
300
83
85
300
83
Jun
132
133
100
132
Jan
136
Mar
35
1,350
Jan
35
Jun
7
Knott
133
_25
331/2
_7
•
Stores Products common- ,2ic
Utilities $5.50 pfd
7
7%
1,200
31/4
100
31/4
110
110
29%
6%
Jan
11%
Feb
preferred
Feb
7%
Jan
4Va
Feb
111%
Jan
"
108%
Apr
110
100
Mar
xll5
May
6
—
Alabastine
93% Mar
3% Mar
20
M Co
Co
Kreuger
Jun
6
Jun
H
Co
Bridge
Hamilton
Hammermili
Hartford
Harvard
Co
Ltd
trust
Dept Stores
6%
Hecia
Mining
Helena
23
J,
"l'/a
3%
Brewing
"7%
Preferred
Hewitt
Rubber
—
Hoe
(R)
Horder's
10
G
(Geo A)
& Co
& Hardart
M
RR
Shore
(N J)
Mines
Co
common-
common
Hubbell
(Harvey)
Humble
Oil
&
Hummel-Ross
1st
Apr
6 % Mar
30
27
Jan
5% May
47
May
7% Mar
Corp
of
Class
12
28%
12
Mar
14%
900
18
Jan
May
23
May
May
Apr
May
16% Mar
22
Jan
28%
28%
200
Feb
30%
Feb
87/a
—
9%
2,500
8% May
10%
Jan
14%
250
13% Mar
15%
Jan
24
-III*
—11
-J-
47/e
•
Refining
5
•
_
Corp
Co
4%
5
•
—
28%
•.«.
Jun
13
Mar
Jan
40
May
3%
119
Jan
425
•*—
25%
111
Apr
4%
119
Jun
Apr
Jan
28%
Jun
Jan
113%
Apr
18%
18%
19
200
17%
Apr
20% Mar
43%
43%
45
5,200
38%
Jan
45%
5%
5%
6
2,600
8
7%,
8
3%
common
preferred
2%
3%
25
Sygrade Food Products
100
■
27%
"i00
Fibre
'
-
•
;
Ligonier
—
«
Baking Co
Inc..
12
33
'
8
24
11%
25
11%
4
Jan
6
Leonard
Line
Corp
Lipton
Lit
Loblaw
Feb
Feb
13%
Jun
7%
Jan
28%
13
Jun
Apr
Mar
6%
Jan
4%
Feb
110
Feb
9%
Jan
13
May
Jan
26% Mar
.
5% Feb
:
30
29
A
Jan
1%
Jan
200
26 Va May
10
Apr
29 Va
Jan
400
11%
Jun
10%
Feb
25%
25%
250
22%
Feb
2%
2%
400
1%
Jan
2% May
18%
Jan
20% Apr
25%
5/a
87/a
87/a
*
9
n
64%
64%
66%
100
59%
59
60
1
7%
,
&
May
May
27% "
Scott
800
8%
1.700
21%
21%
6%
6%
1
155
.
page 2441.
26
Feb
Jan
4%
Jan
U
Jan
1% Mar
Feb
7%
2%
Jan
5
2,200
8
Va Mar
20
10%
156
138
Jan
3%
68
1,300
70%
64
"
6%
.400
41
6%
400
6
6%
.
3%
3%
3%
7% May
159
10O
1%
Jan
70%
Feb
1%
.
100
100
Apr
1%
2%
2.700
99% Mar
1%
Jan
Jan
110
Jan
2%
2.50
6%
103% Jan
2% May
4
May
42% May
116
Mar
2%:
2%
1,000
2%
Apr
3%
Jan
5%
.
6%
4,600
4%
Apr
6%
Jun
•%
800
Mar
•}|
u
;
U
.
Feb
_10
conv
6%
500
6
Jan
7%
Feb
1
v
■'6%
'8%
8%
100
5 %
Jan
8%
Jun
12%
13%
600
8
Jan
t c_l
5
preferred
10%
'3
10 Va
3%
4.000
10 ft
8,300
1%
13% May
Jan
3% May
9%
Jan
11% Mar
9
*3
•
Jan
10
20
Jan
23 Va
Apr
Apr
26%
Feb
2%
Jan
Mar
«
shares
•
'
Abrasive
21%
_•
21%
24%
50
Co
10
Supply
21%
300
25
725
2
2%
1.200
8%
8%
500
1
8% May
17
Jan
700
2
Feb
2% Mar
1%
400
1% Mar
If! Jan
64%
500
103%
20
97%
Jan
103%
Jun
10
109%
Jan
114%
Apr
8%
Jan
7%
2,100
4%
Jan
8%
Apr
Minnesota
Mining
48%
1,500
43 ft
Jan
49%
Apr
Minnesota
Pwr
Light 7%
pfd
100
103
12%
13%
6,300
91/2
Jan
15%
Apr
Mississipni River Power 6%
pfd
100
113
113
9%
9%
1,000
9%
Jun
11%
Jan
•
Jan
2%
47%
Public Service common
Jan
1%
8
*
1% May
8%
2%
2%
•
& Mfg—
23%
15%
8%
<
Refineries-
&
Jun
8
Jan
Jan
—
4% Mar
Jan
2%
-1
common
&
Jun
Apr
Products—
Piping
Jan
Jun
10%
"
•
new
;
Jan
36
1
Oil
Jan
33% Mar
19
15
common
$2
Jun
8% Mar
6%
25c
c
Corp
2%
81
6.000
5
9%
156
.1
Corp
Jan
300
400
62%
~
—
/
see
Jan
Feb
1.800
7%
4%
100
1
7%
■
10
100
$2 non-cum dividend
Missouri
1%
5%
7/a
—-
t
28% Mar
IX, I-
2%
7%
7%
_•
Mining Corp of Canada
9i/a
26% Mar
'
2
"l
_5
•
Micromatic Hone Corp
Middle States Petroleum class A
Mid-West
300
i.
Cd:t.
.
31% May
_•
common
Michigan Sugar Co——
West
Feb
8
"
Michigan Bumper Corp
Michigan Steel Tube
Co
61%
113
4%
Textile Corp
Participating- preferred
Metropolitan Edison $6 preferred-
Midvale
69% Mar
Jan
Jan
21%
•
preferred
v
Jan
81
1
Messabi Iron Co
B
51
49
;
Preferred.
Jan
200
•
common
Chapman
Jun
May
109 %
♦
Warrants
1%
20
8%
•
•
9
325
•
Co
17%
•
Feb
;
-
c
Jan
Feb
6%
27%
-
common
Feb
ii
Jun
6,700
5
Mfg Cd__,
11% May
25%
112% 112%
1
Stores
8
1
7%
7%
•
preferred
15
800
%
100
Exploration—
& Light $6 pfd
&
300
4,300
17%
17
;
u-
10
Radiator & Mfg B—
McWilliams Dredging—
Class
i7a
5,500
11%
McCord
A
35% Mar
27%
iV
*
Steam Shovel
6%%
Apr
5 Va Mar
Feb
11%
*
Mass Utilities Association v t
Merritt
6%
Mar
25
26%
■
5
Mapes Consolidated
Margay Oil Corp_.
Mercantile
Jun
3
28%
48
*
100
21
25
common
Massey Harris
Jan
2%
10
preferred
Class
&
Stores-.
convertible
Marion
Jan
3
1,000
12%
12%
M
$5
May
15
1
preferred class B
Corp
59
Jan
5
Inc 6%
Land
Jan
Jan
4%
"
n7/„
-
12
2%
•
8
37
105 Va
4
25
Long Island Lighting common
1% preferred class A
Steel
3%
760
7,200
600
I~~50
5% conv preferred
Dividend arrear ctfs
Illinois Zinc Co
9% Mar
2%
1
Lone Star Gas Corp new common
Mid-West
For footnotes
95
12 Va
400
2%
_•
-
Chain
Midwest
common
Feb
100
9%
,
15
Inc
Groceterias
Locke Steel
Midwest
Illinois Power Co
-
55%
common
Midland
8% Mar
Jan
Jan
Apr
84%
9
_1
——■
Oil
Jan
9%
9%
13%
13%
14%
common
(Thos J)
Brothers
Midland
6%
900
Mar
Feb
'
preferred
(R G)
Middle
2%
Jan
May
52%
Material Co
Jun
700
20%
21
106
100
development—
Oil
Le Tourneau
Jun
5,600
800
12% Mar
Jan
5
Metal
14
Mar
Jan
•
Realty
Convertible
Memphis Natural Gas
Jan
Jan
100
Jan
16% Mar
8%
14%
B
Lefcourt
Mead Johnson
19%
%
Feb
100%
Langendorf United Bakeries class A__*
13 % May
15%
% May
15%
320
_1
:
.
Lane Bryant Vfc preferred
Lane Wells Co common—
19
9%
200
-
100
9%
53%
Delaware—.
Jan
26
—
500
II
16 *
1
Lakey Foundry & Machine
Jan
50
•.
5% Mar
100
;
—
Ltd-
11%
200
Jan
L
Lake
10
.
18%
•
preferred
Huyler's
Jan
15%
19
5
Hardart
Hussmann
6%
4'/a
9%
'
Jan
1
Horn
5%
3,300
«...
—
(A
&
41/4
•
—'
common
Horn
Horn
7%
13
—,
C)
Jan
■„
—
27
—5
—2.50
common
Inc
Hormel
Jan
41%
m
participating A_
Hollinger Consolidated
Co
Apr
31/2
10
—t
25
& Co class A
Holophane
26%
500
13
II—2
common
Heyden Chemical
200
5
43%
•
—
Henry Holt & Co
28
1,300
101% 102%
102%
Jun
l%„Feb
Jan
7%
-
-
Feb
Apr
5%
12
10
Mangel
5%
3
100
Manati Sugar optional warrants
2%
Feb
16
1
Mar
200
2%
■
Co.
Mar
1,700
4%
'
5
6%
1,900
16
v
50
1%
3
U
16;':
_1
100
24
3%
43%
25c
200
Feb
2%
5%
_•
:
Jan
6
5
,
Co
common
8'A
Jan
3%
28
__
13
Co
~1 %
Feb
Jan
3*
i_.
xl9% Mar
150
55
bC
Jan
'
—50
—
Rubinstein
Heller
23
47
1
—
common
preferred
—
1
ctfs
Hat Corp of America B non-vot com„1
•
Hazeltine Corp
Hearn
5%
25
—
Rayon voting
Brewing Co
500
5
—10
Light
8>/4
Jan
1
1
1st preferred
special preferred
Lackawanna
Lynch
7%
"'
•
Paper
Electric
Hartford
8
—
45%
10
Inc__
Louisiana Power
Lamp
Feb
66
,
convertible
Louisiana
Hall
Ltd
common
Rubber Co__
Stores
(S H)
Jun
111%
Jan
J
preferred—
Kresge Dept Stores—
4%
5%
Feb
56
1
Koppers Co 6%
Kress
Jun
Feb
10% May
1.7% Jan
100
Corp common—
Kobacker
Lionel
•
(I B)
Lamson
Jan
31%
100
Paper-
&
37%
Feb
104
—
States
Gypsum Lime
15%
Tea—
stock
Greenfield Tap & Die
Grocery
.
11 % Mar
Apr
76%
—8
Non-voting common
7 %
1st preferred.
50,
Feb
10
„1
Co
Atlantic
41%
Emil)
5%
25
124
'
Kirkland Lake G
(D
Jan
100
Kingston Products
Kirby Petroleum
Kleinert
9%
111%
5%
100
—
Mar
550
■5ft
•
13%
Jan
"9%
12%
Key Co common.
I
Kimberly-Clark 6% pfd
Kings Co Lighting 7 % pfd B
5% preferred D
"Klein
121%
5
^
Mar
Mar
16
131/2
6,200
Inc
Ken-Bad Tube & Lamp A
51% Mar
Feb
•
IlO
Great
11
9
A
•
common-
Mfg
14
'
Gray
Mfg
May
Kennedy's
106% May
May
300
.
Grand Rapids Varnish-
Gorham
Jun
107% 107%
A
preferred—.
113
10%
—
,
Consolidated
Gorham
13%
•
preferred
48%
,
Jun
May
10%
•
class A
Mar
2V4 Mar
51% Mar
9% Jan
•
Goldfield
1
i! Apr
12
Gladding McBean & Co
$7
Jun
Jan
74
200
•
Godchaux Sugars
Jun
79%
300
1%
1%
,
—
Aldeu
125
84
Co
Glen
17% Mar
Jan
1
common
Preferred
Gilchrist
8% May
Jan
'
(A C)
Jun
Jan
•
common
;
$3 preferred
Georgia Power $6 preferred
$5 preferred
Gilbert
771/a
Feb
14%
110
125
120
97
1
com
preferred
Gen Water Gas & Electric
8%
171/2
8%
17
$6
Feb
3%
125
General
70%
12%
£1
—_1
10
•
Fireproofing
Jas
Jan
30
41
preferred B
•
General Outdoor Adv 6% pfd
100
General Public Service $6 preferred
•
General Rayon Co A stock
•
Gen
8
2%
2%
•
•
.
771/8
Feb
Ltd—
Co
Amer dep rets ord reg
General Finance Corp common
General
77%
,5
.
Mfg Co common
General
Gen Electric
7%
preferred—100
™
52
Mar
65
May
10 % May
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
159
2439
NEW YORK CURB EXCHANGE
RANGE
8TOCKS
New
York
Curb
Week's
Sale Price
.
Monogram
Pictures
Monroe Loan
Montana
Utilities-
Mountain
_—*
•
•
Mountain
States
Mountain States Tel & Tel
Muskogee
6%
Co
20
May
Pierce
Governor
Gold
Pioneer
8% Mar
3%
3,100
2%
Feb
4% Mar
Pitney-Bowes
Feb
2 % Mar
Pitts Bess & L
7%
7%
150
10%
Apr
E RR
20 %
—
1
__
__
*
—
Jan
63
Jun
11
Jan
12%
Feb
25
xlll% 114%
1,300
95
Jan
19
Jun
35%
Jun
Jan
Plough
Inc
Jan
1 %
Jan
1% Mar
Pneumatic
5%
Jan
6 %
May
18
Feb
21%
Apr
Powdrell
Apr
131
Feb
Power Corp
Mar
9%
13%
Jan.
16
50
11%
Jan
13%
8%
IOO
6%
Jan
10% Mar
Jan
80
Jan
Mar
common
Scale
Gold
*
Corp
National
Bellas
Hess
National Breweries
1
common
preferred
National Candy Co
1%
1%
30 %
25
Jan
14% May
55%
55%
50
56
11%
11%
11%
National
Rubber
*
10%
10%
10%
400
National
Steel
♦
22
21%
22%
1,200
Machinery
Union
Oil
Nehi Corp
Nelson
Feb
common.
1%
30o
Radio
Co
3%
•
preferred—
100
28%
Jun
Jan
9%
Jan
Feb
Apr
26
Corp
Neptune Meter class A
13% Mar
1%
110
May
*
85%
Apr
4%
Jan
6%
6%
100
6% May
7%
Feb
7%
100
5%
Jan
9
Feb
New
•
3
Jan
7%
Apr
preferred
$2
100
preferred
New
England
New
Haven
Tel
Tel
&
Clock
100
New
Mexico
N
Y
N
Y
City Omnibus
N
Y
&
N
Y
N
N
N
Co
11
11
100
19
19%
200
56
common
—.
•
11%
Niagara Hudson Power
10
common
preferred
preferredoptional warrants
B
optional warrants—
6%
preferred
Quebec
Power
Railway & Light Securities
Voting common
Railway & Utility Investment A
Rath Packing Co. common
Richmond
Rio Grande
May
preferred
•
30
109
May
111
Jan
North American Rayon class A
Class
6%
B
May
2% Apr
75
Jan
2%
11,300
575
66
'
20
1/64
74%
65
14,100
Jan
Russeks Fifth
Apr
Northeast
North
Airlines
Penn
'Nor Indiana
1%
i
preferred
Novadel-Agene
$1.20 convertible
Ohio
Edison
Ohio
common
2%
Oilstocks
Ltd
Oklahoma
Natural
4%
Jan
6%
Jan
%
6,700
%
Jan
%
St
Feb
118
103
-325
5%
5%
Jan
120
9%
1,000
4%
Apr
>31% Mar
Jan
%
IOO
8%
31
Mar
54% Mar
Jan
1
Jan
5%
Mar
Apr
7
Jan
10% Mar
87
Jan
87
Jan
Jan
108
Mar
116
Mar
106%
105
106%
130
104
114%
113% 114%
110
113%
13%
: 25%
2,000
12%
12%
25%
25
>
Jun
7%: Jan
500
23
22%
22%
Jan
■
•
14%
Apr
27% Mar :
4
2,500
23%
3% May
18% Jan
125
•
109% 110%
60
4%
Feb
23%
Jun
109
Jan
112%
Feb
112
Feb
115%
Apr
115
Jan
118%
Jan
112
80
5% Mar
I"
23%
23%
2,100
18%
*
24%
1,200
Feb
x40%
Feb
Jan
18%
Jun
48
100
Mar
12%
Jan
ft Jan
.
51% May
30 %
Jan
2%
Jan
2%
2%
2%
2,700
1%
Apr
22%
22%
900
21%
Feb
24% Mar
12%
12%
12%
250
11%
Jan
12% Mar
3%
Jan
4%
Feb
Jan
15%
Jun
4
3%
4
6,200
11
15%
600
%
1,800
ft May
2%
2%
500
2% May
ft
1,600
15
%
105%
1% Mar
3%
Jan
Jan
% Mar
Jan
108
Apr
13%
100
13 %
Apr
15%
11
200
10%
Jan
12% Mar
3
6%
14
11
3
300
2%
Feb
5
Apr
6%
6%
1,300
Jun
6% May
17 V?
200
18
Feb
3
Jan
Mar
19
17
17%
Jan
18
Jan
8
Jan
10
May
300
3%
Jan
100
3%
3%
4% May
5%
Apr
1%
2%
Jun
4,200
Jan
4%
Jan
St
pref
conv
Oil
Dome
4%
5
Regis Paper common
preferred
"9
1
Co
4%
155
—100
7%
Salt
2% Mar
4%
175
9%
3%
Co
9
"2"%
"2%
300
Schiff
Co
common
•
17%
17%
600
3%
1
3
Feb
Jan
162% May
10% Mar
2%
3,000
Oil
common
.
Jan
Jan
32
——*
Mills
5%
8% Feb
146
3,800
Savoy
United Corp
Samson
Sanford
11% May
4% May
5,900
157
8%
2% Mar
11% May
•
—50
Lawrence Corp Ltd
Class A $2
4% Mar
41
14
May
Feb
2% Mar
Jan
1%
17% Mar
3% May
1
2%
2%
3
5,200
1%
Jan
25
Scovill Manufacturing
25
Scranton Spring Brook Water Service—
71%
70%
75
800
50%
Jan
75
Jun
Jan
X32
Mar
Schulte
(D A)
common
Convertible
preferred
$6
preferred
Steel
Scullin
•
common
Securities Corp General
Shoe
>
.
110
100
1
47%
1
1%
Feb
64
9%
Jan
81
Apr
12% Mar
Jan
47%
Jun
47' %
Jun
47%
46
1%
500
40
Jan
1%
3,800
1
Jan
1% Mar
Convertible stock
"%
1
ft
8
5
2,100
6%
Jan
17
7%
17
*
common—;
8% Mar
50
16%
Feb
17% Mar
1
12,500
%
Apr
1,150
6%
Feb
9
May
67
Jan
77
Mar
69
7%
•
Co
Inc
10%
27%
40
—•
Bros Inc
Selected Industries
74
600
31%
10%
—-*
—
Co
30%
72
31
,
Jan
75% Mar
1%
8%
Jan
Feb
5% Mar
24
May
Sentry
Safety Control
8%
8%
8%
1 % Mar
Denn
Apr
7% Mar
Feb
Jan
9.
Mar
8% Jun
Sherwin-Williams
Shawinigun Water &
5%
Co
3
7%
200
3,000
3
Jan
Jan
4%
6%
Apr
7% Mar
2%
Feb
3%
Apr
13%
Jan
Feb
12
•
25
100% 101%
112% 112%
100
400
20
Apr
91%
Feb
102% May
Apr
115%
of
110 %
Feb
•
Canada
common
12
Feb
13 % May
•
Sherwin-Williams
Silex
Power
pfd series AAA
cum
7%
5
common
ft Feb
%
3%
•
—
Mining
6%
100
50
75
1
1
Serrick Corp class B
Seton Leather common
8
1
75
25
$5.50 prior stock
certificates
Allotment
Shattuck
6%
1
Securities
23
Jan
500
Feb
108
111% 111%*.
111%
15
Omar Inc
Overseas
3%
5
United Filters B
Oliver
3%
100
Gas common
51
ft
15%
1,700-
Feb
500
100
common
18%
May
6%
100
preferred
Ohio Public Service 7 % 1st pfd
6% 1st preferred
%
18%
Jan
15% Mar
13% May
114
_>
preferred—
1%
Jan
—1
10
—_•
Power 4%%
$6
B
May
10 % May
Apr
Jan
__4
Co class
78% May
157
Apr
12%
2%
Selby
Brass
1%
175
*
Segal Lock & Hardware
Seiberling Rubber common
Ohio
8,900
2%
Ave—
Aeronautical Co
Consolidated Petroleum
Ryerson & Haynes common—'
Seeman
Ogden Corp common
Apr
1%
5
Jan
IOO
25
Feb
Jun
May
6% Mar
27% May
100
Jan
Jan
14%
5
106%
52% Mar
ft——
Corp
71%
149
1%
2%
Jan
1
•Northern States Power class A
40
1
1%
28
pfd_100
8%
190
—"
2,800
50
Public Service 6%
78
154
76%
Ryan
2,400
5
-
RR Co
Jun
Ryan
12%
_•
Northern Central Texas Oil
Jun
12%
Jan
ft Mar
Jan
•
Utility Securities
13%
Jan
2,700
<3V Jan'
-
~2,
50
American
Co
Jan
--
Jan.
10%
Petroleum
3%
77
May
5%
common
83%
1/128 Feb
200
Corp
preferred—
Royalite Oil Co Ltd-.
*
Feb
•
:
common:
prior preferred
North
Cable
Root
60
•%
114%
23
100
*
,5
5
1
20
pfd D
Inc
Roosevelt Field Inc.
'
$6
—
Rochester Gas & Eleo 6%
110
5%
%
Jan
50
12%
%
Valley Gas Co v t c
Roeser & Pendleton
-70
17% Mar
9%
'
11
13%
51
1
1
10% Mar
12
)
17
22%
Stix
29
Jan
"l%
North: Amer Light & Power common__l
101V?
Jan
Jun
x40%
Co
Radiator
Mar
'
6%
Jan
11%
%
18%
*
4
109
%
1
93 %
100
14%
1
Jan
Jan
1
Electric
275
16%
11%
1%
•
common—50c
1
Manufacturing
Roller Bit
Reed
13
105
•
13%
'154
—10
1
10
-•
Raymond Concrete Pile common
$3 convertible preferred
100
*
5
Mines
Jan
13%
5
Jun
5
Nipissing
Jan
10%
Apr
80%
118
114%
R
Aviation
Dry Goods.—
Richfield Oil Corp. warrants—
14%
2%-
108% Mar
10
12%
Radio-Kelth-Orpheum option warrants-
Reliance Electric & Engineering
105% Mar
14
% Mar
Apr
108
10%
Rice
116%
1/128
Nineteen Hundred Corp B
Jan
20
Co
Republic
Jan
100
Niles-Bement-Pond
Jun
8
Q
Feb
Jan
-
preferred
9
12,900
77
Jan
Mar
Jan
66
J
Niagara Share class B common
Noma
3%
35
112%
79%
80
._10G
A
Class
A
59%
Jan
102
64
2%
100
Class
Class
19% Mar
10
109
70
Apr
12%
12
.100
Red Bank Oil Co
30
105%
14
Y State Electric & Gas $5.10 pfd.100
Y Water Service 6% pfd
100
Jan
6%
16 %
Quaker Oats common
Rome
1
a7a
300
100% 101%
—-10
Pyrene Manufacturing
Raytheon
116% 116%
•
Pyle-National Co common
Jun
105
preferred__100
7% May
Jan
1,900
118
118
12%
*
—•
5
$5 prior preferred
Jun
7% Jan
21%
100
29
—;—-100
100
.
Puget Sound Pulp & Timber
11%
Mar
.3%
28%
May
ft
9
108% 108%
10
109%
Apr
Jan
Apr
2%
35
10
Y Shipbuilding Corp—
Founders
shares
1st
400
10
& Light 7%
preferred
2d
54
1,500
3%
6%
warrants
Power
5%
57%
2%
20% Mar
18% Mar
♦
Honduras Rosario
5%
56
60% Mar
Feb
104
260
107% 109%
1
Merchandise
Y
107%
Jan
18
25
i
Land
& Arizona
New Process Co common...
$6
47%
1,050
•
Jersey Zinc—
New
N
57%
•
Co
New Idea Inc common
Auction
56%
_•
48
6%
Feb
Mar
7
7%
57
Jan
Jan
400
Jan
7% Mar
Jan
87%
•
England Power Associates
1
30% May
Jan
*
6%
Jan
29% Mar
114
Nestle Le Mur Co class A—
,
Jan
ft
Jun
Jan
4%
Jan
100
5
_
(Herman)
.,
Jan
500
110% 111
1st preferred
Common
Apr
3%
1,900
4
27
110%
26%
7%
%
Jan
22%
1%
500
1%
8%
Jan
13%
Feb
11%
1
11%
Apr
8%
—-12.50
6
12% Mar
Jan
9%
,
Jan
Mar
18%
10
1st pfd__
Jan
7
12
Sugar Refining
:
National Tea 5%% preferred
Navarro
12
Jan
10
Ltd———.
National
Nebraska Power 1%
58
Apr
4%
•
Jan
11%
6,600
30~
7 % Mar
Puget Sound Power & Light—
44% Mar
Feb
Mar
3%
Jan
43
7%
1
*
•
1st preferred—ft
7%
Jan
12
National Refining common
National
Jun
35
15
Jan
5%
250
7
of Colorado—
6%
Jan
30%
Jan
2,300
13%
•
Mines
1%
Feb
800
13
Mfg & Stores common
National Tifnnel &
Jan
35
13%
50
National Fuel Gas
National Transit
Feb
28
•
Car
17
35
50c
City Lines common
convertible preferred
Jan
1%
5,100
30 %
25
National
$3
1%
•
common
7%
National
14%
.—•
Jan
Feb
2
•
Gas
Public Service
Nachman
29~
1
America
Corp of Nevada
Prosperity Co class B
Providence
14%
•
800
6%
*
Producers
N
8,400
900
115% May
4 % May
17
May
5%
7
.
1
common
of
400
~3%
Jan
13%
1%
3%
8
.
Co
Inc
Metals
Pressed
16%
16
3%
10
Mining
Prentice-Hall
100
4
4
—25c
of Canada-
& Lambert
Pratt
Premier
63
61
7.50
„
common
Alexander
&
61
-1
Polaris Mining Co
64
Jan
55%
Jan
—
40%
100
100
15
Apr
450
13%
15
>13%
8%
15
37%
xll% xll%
Feb
„
8% Mar
10
16%
IOO
20%
Jan
Jan
50
1,600
,
Jan
7
800
Pittsburgh
127
6
8%
Pittsburgh & Lake Erie
2,000
1%
5%
8%
2%
Jan
28%
May
9
1%
6
8%
17%
Jan
Feb
800
.
High
Jan
1%
173
Feb
150
—
Low
2
50
Metallurgical
Pittsburgh Plate Glass
Pleasant Valley Wine Co
165
1%
12%
6,600
2
•
Meter
Range since January 1
400
15%
15
1
Ltd
Postage
Shares
Hiah
Low
•
common
Mines
1,400
xl70
171%.
18 V?
19
—34
35'A
100
common
preferred
for Week
of Priees
Par
*
10
.
*
2%
Muskegon Piston Ring
Sales
Range
Last
Exchange
High
Jan
14
.—
—
100
Ohio Mfg Co
Murray
Low
170
•
common
Curb
Sale Price
1%
10
Power
York
Week's
Friday
STOCKS
——
Producers—
9
Range since January 1
High
9%
3%,
3%
City Copper common—.—5o
Mountain
„
9 V?
10
Montgomery Ward A
Montreal Light Heat & Power
Moody Investors partic pfd
Mtge Bank of Col Am shs
JUNE
New
Shares
1
Society A
Dakota
—
1
common.,
of Prices
Low
2.50
1
.
ENDING
'
Par
Mock Jud Voehringer common
Molybuenum Corp
WEEK
for Week
Last
Exchange
FOR
Sales
Range
Friday
13 %
Jun
16
26
Jan
13%
13%
100
Jan
Simmons-Boardman Publications—
Pacific
Can.
Pacific
Gas
5% %
Co
Elec
&
1st
6%
1st pfd
preferred
Lighting $5 preferred
Pacific
Power
Pacific
Public
$1.30
1st
Light 7%
•
pfd
100
Service
100
13
Jan
15
36%
—
15
36%
800
35
Jan
36% May
34%
34%
108% 109
!—
25
Pacific
&
15
25
32%
Jan
100
''
— -.
100
5
preferred
*
1
Motors
Pen
Co
Parkersburg
Corp
„
7%
&
Reel
Patchogue
Plymouth
Peninsular
Telephone
preferred
A
11,400
Jan
—
20%
21%
37%
37%
—
Penn
Power
$6
Elec class
&
Light
A
.
Salt
•
100
—
—
300
Penn
Traffic
Penn
Water
Pepperell
1
$7 preferred
Perfect
Co
500
Packing
Phoenix
Securities
Solar
Aircraft
Mar
Solar
Manufacturing
Jan
24
I~1
57e
Jan
footnotes
see
page 2441.
Soss
pfd
May
South
50
Mar
Southwest
37% May
Penn
Southern
Pa
—
Feb
2%
x3%
Apr
Jan
Apr
Jan
111
Jan
12% Mar
15
Jun
2%
Jan
3% May
5%
3%
5%
1,600
5%
Jan
6% Mar
2%
2%
2%
3,500
2%
Feb
3%
1
Oil
22
Jan
-
Jan
26
275
1
Corp common
Jan
Apr
2%
'
Jan
1
Co
South Coast
Jan
2%
229
108
-f-*
Manufacturing common.;
16%
210
*
IIIII
Co
100
100
Corp
34%
29
Apr
33%
Jan
5%
Jan
70%
50
64%
Jan
—
1
—
43
—
1
/.
600
Mar
%
Jan
102% 103%
590
98%
220
90
Jan
164% 164%
25
161
Mar
97%
3%
68
66%
100
250
94%
Jan
2% Mar
61%
70% Mar
43
1%
4%
4%
4%
100
4%
Jan
4% Mar
600
2%
Jan
3% Mar
3%
1
3%
California
3%
1,000
3%
Apr
41%
41%
42
900
10
40
Apr
44 %
Jan
28
25
Line
Pipe
Mar
30%
Apr
37
Edison—
132%
100
7%
7%
7%
400
9%
400
31%
9%
31
600
28%
4,200
7%
3%
68
135
Jan
7
Jan
33%
Colorado
New
277/a
5%
Apr
22%
Jan
41
41
41
Mar
43 V?
Jan
31%
-23
25
31 %
31%
200
29%
Apr
32%
Jan
30%
1,000
29%
Jan
31%
Feb
200
1%
Jan
1%
Feb
25
class
A
29%
25
1%
1%
80
67
England
Telephone—100
Jan
75
Feb
123
100
Co
Southern
May
130
Jan
-1
Jun
Apr
Southland Royalty Co
Spalding (AG) & Bros
1st preferred
Apr
10
5%
Apr
6% Mar
10
Phosphate
Feb
8%
Jan
91/4 Mar
Spanish & General Corp—
Mar
8% Mar
10% Mat
Pipe
Amer dep rets ord
Jan
Spencer Shoe
7%
Jan
Stahl-Meyer
29% Mar
Line
5
1
10
•
~e%
5%
42
1.000
9% Mar
6%
7,200
5%
42%
100
10
Standard
regis
Corp
Inc
Brewing Co
Apr
Jan
40
% Mar
Amer dep rets crd bearer
33 %
'
—
Power
preferred
Southern
Apr
Jun
Southern
Southern
Jan
8% May
Feb
original preferred
preferred B_
5%% preferred series C
6%
100 % Mar
125
31
Mar
5%
104 % Mar
xl65
31
25
III—1
Jun
Jan
•
common
32%
4%
131
'
•
pfd
Co
8% Mar
251
2%
259%
£1
Mills.;—
Paper
9
Sonotone
7%
& Elec
Gas
(Howard)
82
5,700
—
For
City
Apr
5%
„
*
Power
Phillips
Smith
Feb
6%
5%
•
3%
»
Co common
Electric
98%
—100
Pharis Tire & Rubber-,
Phila
103
164%
2.50
Co
Co
Circle Co..
Philadelphia
•
50
Co
& Power
Mfg
Sioux
2%
100
Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
32
•'
37%
*
„
•
Mfg
Singer Manufacturing
80
70%
5%
com
preferred
Penn
Feb
1
common
20% May
'
&
6
•
'
A
1
Pennsylvania Edison Co $5 series pfd_*
$2.80 series preferred—,
*
Gas
Jun
'
25
Pennroad Corp common
Penn
34%
109% May
105
Feb
Simplicity Pattern
Jan
6% Mar
32%
♦
*
common
7%
„
32%
.
1
Mills
7
__
10
,
Rig
Jan
May
preferred
19
Page-Hersey Tubes common
Pantepec Oil of Venezuela Am shs
$1.40
96 %
•
Paramount
Parker
106 % Mar
'
■
convertible
$3
■
•
common
500
•
3%'
3%
300
2%
•
2.78
V4
Feb
3% May
Jan
10%
Jan
6%
Jan
Jan
45
ft Feb
ft Feb
4%
4
1 7/„
1%
1%
1%
4,600
ft Feb
Jan
Mar
Sni1
'
2440
THE COMMERCIAL & FINANCIAL CHRONICLE
.
Monday, June 12, 1944
NEW YORK CURB EXCHANGE
FOR WEEK
RANGE
New York
Curb
Week's
Friday
STOCKS
Last
Exchange
Low
Far
Oil
Oil
Preferred
Jan
18%
100
16
Jan
17%
Feb
17%
17%
300
">4
"%
1,000
64
%
64
1-1
—
class
B
8%
—1
Co
%
.1
1%
9%
1%
1%
Stein
__
& Co common
(A)
1
Sterchi Bros Stores
6%
1,000
1%
6'/a
6%
preferred
preferred
.50
—
-1
10
Sterling Brewers Inc
_1
5
5
5%
2d
.20
1%
Stetson
(J B)
(S)
Sullivan
Jan
52
Swan
Feb
Jun
3%s
s
f
Feb
3%s
s
f
Feb
Jan
19'A
14%
14%
200
%
Pow
20% May
15
Mar
Arkansas
Feb
52
May
Apr
15'A
Apr
11
--
9%
Pr
deb
{Associated
Apr
deb
deb
Technicolor Inc common
•
15%
100
118%
Texas Power & Light 1%
Texon
pfd
Oil & Land Co
23%
Feb
25
3,600
12%
Jan
20
114%
117% 118%
6%
6%
1,400
6
*8%
8%
10%
1,000
7%
5
common
20%
20%
19%
8%
Inc
Realty & Construction
Tobacco
&
Tobacco
Product
Allied
21%
700
7%
8%
2,500
5
5%
400
~4
"4%
900
1
Stocks
•
Amer
dep recs def reg
6s
7 %
preferred
60
120
106% 106%
2016
10
-
Tri-continental
""11 "i.*;
1
.
24%
%
1
~6
~6%
Feb
Jan
Apr
u Jan
May
1
11%
11%
300
Jan
{J
•
10
Jan
10% Jan
1
Realization
Corp
Unexcelled Manufacturing Co
1948
M-3
1949
Union
Gas
Union Stk
United
United
$3
&
700
4%
Jan
7%
7%
1,200
5%
66
1
-
7%
14%
•
Stores
59
10c
1%
*
warrants
1%
93
88
1%
13,500
93
United Elastic Corp
Option
1st
$3
B
Molasses
preferred
23
23
23%,
64
22%
29
1977
F-A
24%
24%
1
23
29
5%s A
1955
M-S
91
91%
44
1964
108% 108%
11
Shoe
U S
$5
U
U
S
8
and
International
53%
5%
6%
71%
6%
Wall
Universal
Universal
Cooler class
Oil
Class
A
Universal
Pictures
Utah-Idaho
42%
43%
341
37
45%
stpd—1953
ctfs
5s
series
1927
5s
Jan
...—1969
A-0
5s__:
Lt
series
&
Pr
Lt
&
7s
A
1951
mtge 3s
P
ser
23As
Gas
1969
&
RR
El
Venezutlan
Vogt
Manufacturing—
Gatineau
General
Pub
Alden
Co—
Wagner Baking voting trust
7%
preferred--.——
Waitt •& Bond
Class B
Wayne
9%
Jan
1%
2030
F-A
103'/a
_1956
M-S
5s
Jan
Jun
69
Jan
74%
% Apr
•/;
Jan
Manufacturing
preferred
Coke—
__
West
Trunk
Western
Air Lines
Western
Maryland Ry
Western Tablet &
Inc
j
Westmoreland Coal—
Westmoreland Inc
II.
com
Wevenbersr Shoe
MfgII-_
WHliams
,WiHi«ms
For
(R
C)
&
Co
Oll-Q-Matlc
footnotes
see
<
—-1953 i
~
page 2441.
J-J
?y
Guantanamo
West
&
97%
99
102%
106'A
103
—
—
106%
58
98%
,
39
102*'
1037/a
75
60%
99
104
63
103'A 103%
'102%
97%
101
102"
$—
__
I
6
101%
103%
102'A
108
108
1
100
103
104
6
101
104
105
105
5
103
108%
$105
J-J
102
106
103%
106%
102'A
103%
-
—
30
98%
102'A
108
series
6c
B
Service
2%
Jan
Feb
2%
...
200
Jan1''
9
1%
Jan
2%
57
1%
•:
2%i
150
'
Apr
Feb
Jan
26
18
Jan
20%
Jan
2%
Jan
51%
Jan
700
•1%
1%!
38%
9%
10
700
4
-
1%
.74%
III
102
105
102
105^
A-O
A-0
A-0
1957
MS
.1958
1950
M-N
J-J
series B
5s
j
5s
1963
3'/a
61
Jan
Feb
Jan
7%
1%
Jan
A6%s
■200
1,500
8
%
3
7%
17
>il%
4%
1%
18
4%
Jan-v
80%.. Jun
:
A7s
E
A7s
7%
7%
Apr
35
r.'GH
f "36
'
.
,
5%
7%
•<
:
Feb
Apr
9% May
3 %• Feb
May
23
Jan,
Jan
Apr
18% Mar
26%
25
9%
9%
50
8%
9
16
400
8%
Jan
J-J
1970
33
92%
106
88%
95'/a
67
35
,68%
36
17
60
77%
F-A
■
108'A 109
$120
'■
''
8
11
109
,
123
108% 109
23
-
25
28%
33%
35
36
107%
109
106%
107
120
12
122
111%
$110% 112%
—
A-0
1948
22%
8
$107'/a 108%
''
J-J
1966
Dist Pow 3%si
'Lake Superior
Radiator; Jt Mfg—•
$107
112%
107
109%
106
.
4% May
110%
8%
Feb
Apr
9% Mar
124
20 %
1st
108%
103'A
6s
Jun
New
Jan
28 % May
18
Apr
Jan
9 % Mar
105'A 10.6
M-N
1945
J-J
Feb
10
Jan
New
13% May
New
Jan
M-U
J-D
—1955
1957
1st 5s
Ltg 5s
1951
J-D
"
J-J
M-N
Amsterdam
Gas
F-A
1981
5s
1945
J-D
2022
4'As
A
102'A 102'A
M-S
"66%
■
,—
'
—
—
—
105'A
101
__
118
66%
$106
67%
11
~56
4
5s
England
England
Debenture
Power
3'As
Power Assn 5s
5'As
105%
108
102%
104%
4
105%
110%
6
100%
101%
110'A 110'A
2
108
111
5
116
120
111%
113
118
118
$110
114
80%
82%
J-D
81 Va
81%
82%
45
M-N
81'A
80%
82%
106
M-N
A-0
__
100%
1Q2'A
106
5
80%
J-D
69%
108%
6
J-J
1948
62'/8
103%
105% 106
M-S
1961
1.03%
105'/a 10573ff
101
101
1948
1954
110
102%
103% 103%
1948
deb
103%
110%
107'A
109
103'A 104%
1947
—
99%
105%
108
1950
5S
Jan
1967'
1978
4Vis
5s
Power
series
Conv
3
Mar
Light
10
$108% 110
New Eng Gas & El Assn 5s
8
4
Gas
Nassau & Suffolk
Nebraska
103%
M-N
Petrol 6'As—
Mississippi P & L 5s
Mississippi River Pow
May
102
'
E—„ 1971
P & L 4'As_
ref
&
108%
1965
4s
G
series
V
I
Edison
Middle States
8%
1,100
' »'•
10
33'A
11%
Feb
Jan
;,
7
33
90%
—
J-D
Minnesota
26%
1%
.
35
31%.
31'A
91'A
M-S
^2022
Kentucky Utilities 4s
31%
.34%
—
,
MS
7
Light 3'As__j.—^.1969
Kansas Power &
33%
33
25
.,/ ,Af-J•
J-J %
1965
3'As——.U-1966
4
21%
J-J
6s—wlr--*,-1968
Power
33'A
25
—_
;.*J-^*_*.„1952
Superpower
Electric
33
13
1% May
18% Mar
84
101%
106% 109
17
1 'A
20
93
5
33
100
2.500
11
106%
35
Midland Valley RR—
Extended at '4% to__—1963A-0
2.500
99% 100'A
J,fl06%
31
Milwaukee
8%
100'A
33
9% Mar
8%
117
93%
33
J-J
1957
6s_
Apr
Jan
29
31%
1952
5s
2%
Apr
99% 100%
"
31
•18'A; Mar
3%
103%
33
,94%.May
400
105%
102%
F-A
1957
coupon)
coupon)-;——1952
40 "a
Jan
107%
104
2
—
;
Feb
15
105 '/8
3
99%*b
—
14%
100
49
Ip 105
105%
I £"'102% 102%
—
J-D
1955
—
1941
Power
Debenture
coup)
1957
F.
(July
Interstate
1941
—
1941
(Aug
series
A7S
.1955
1
(Dec
series
Feb
Feb
105
%I "105% 106
__
M-N
100
108
117
105
—
94% May
16
$102% 104%
'■) 4l6i
.—
F-A
—-—1970
C
series
A6%S
A7s
Jun
Feb
3'As
L
&
Jan
1%
27
100
109%
1953
6sr stamped—
3%
109% 109'A
{International Power Sec—
Mar
Metropolitan
3%
70
J-D
1949
lien & ref 5s
1st
24% Mar
775
250.
5%s
ref
Indianapolis P
23% May
7%
80%
&
64%
Light Corp—
&
6s series A
& ref
1st
21 V& Mar
18%
57%
600
1st
102'A
74%
2% Mar
1,300
1%
■
102%
$70
Jan 1949
Jan
—
Power
$99
J-J
1966
Hygrade Food 6s ser A
Illinois
J-D
1958
6s
& Pwr 3'As
Houston Lt
4s
8%
99 y
__
J-D
F-A
Indiana
1,500
,
~Hea~tingIIIIII>
;Sr
,
J-D
2% Apr
14% May
2%
8
9%
123%
A-0
4s—_—;——1950
Hydro-Elec
•
$n
104%
123
1969
A—
1950
Indiana
'
„
Wichita River Oil
Corp
101%
$58%
—_1963
% May
37%
vi
63
MS
3%
2% Mar
79%
~8%
103'/a 103%
$123 % 124
5
stpd
Jan
18
7%Tst~pfdlllOO
Stationery
97%
14
5s
A Apr
7%
~4%
90%
103%
Pow
Power
1%
24
■
3
248
106'/a
"
400
•
"
97'A
103
.'
1%
24
f
West Texas Utility
West- Va Coal &
103%
99%
M-3
3% Mar
24
"■
120
99
97%
103
J-D
Jan
«
Mi lis.Ill
125
99
106
Grocery Store Prod 1st mtge 6s___1953
44% May
20
17
122
MS
M-S
2%
200
•
5
M-N
-1965
1,400
Tak
I~*
claua A
110%
2
122
1954
5'As
4s
3%
1,500
"•
ctfs ext
110%
105%
102% *104
97%
4%s series A^™1941
Coal
(Adolf)
Mountain
•
———
Knitting
Went worth
•
—
109
49
122
98'A
5s
Serv
Nor
Grand
McCora
Aircraft
1
102% 102%
J-D
AGenerai Rayon Co 6s ser A___„„1948
Great
w
Waco
3
Mtge Bank—
3%s
Power
Green
91%
21%
~9%
110
1961
Jan
22%
IIIIII
IIIII*
118
113% 113%
122
102%
M-S
Kansas Gas & Electric 6s
Petroleum
A-0
1956
stamped
Mar
7
7
1%
103
116%
1952
Service
78%
22%
1
98 %
2
110 % 110'/a
F-A
5s
Residential
675
2%
5
8
117
$103% 103%
M-N
1958
Light 5s
Water
6s-5s
103
110 .r
„
——1944
&
Lt
Jun
Feb
1,400
20%
preferred
/
J-J
;
1954
stmpd—1953
5s
5s
Power
103
97%
(Bait City)—
Textile
Water
103
98 %
19
117
117
J-D
1976
Q
ser
mtge 4'As
Tobacco
J-D
99%
,
103
(Bait)—
N
ref
ref mtge
105
102% 103
—
Af-N
1971
Pr
168
79
104
104 %
"2
2
102'A 102%
102
El
'
102'A 103
102%
102%
91%
22%
common
•
F-A
A-O
Altallan
$4 ■•convertible
104% 104%
1958
Kansas
;
Af-8
; 100%
62 Va
$102'A 104
A-O
107
■
101%
—1950
Gas
98 '
253
70 %
65
99% 103%
7
5s
Jersey Cent Pow & Lt 3'As
Valspar Corp
68%
,
100
5s
Jan
6% Mar
12
.
■
7 '•
J-D
1966
100
deb
k
2%
1%
„
13
106
106
__
100
M-3
.
1955
Service
103 % 103%
t
J-J
—1952
B
Empire District
Jun
21
,1
—,
42'A
3%
57%
$5.50 priority stock--
44%
MS
—
%
7%
100
10c
.common
104%
103'/a
1954
%s
1%
Utah Power & Light $7 preferred—*
Utah Radio Products
1
Utility Equities
106%
102
101%
9
26
36%
5%
Jan
90
2%
;
102'/a 102%
105%
Feb
5%
2%
.8
-
105%
^110:
102% 102%
10
Feb
7,600
•
Sugar—
$107
102'A
76
§AGobel
7%
_1
Co
—
J-D
42%
3%s
Glen
6%
3%
1
common
150
Jun
•
Products
120%
150
41%
Gas
&
Georgia Power & Light 5s—_„1_1978
7%
10
Voting trust ctfs
Universal
Power
115%
119
41%
El
Federal
Jan
4% Mar
•
—
Insurance
A-0
.
113%
119% 119%
$150% 170
—
M-S
1970
Jan
X43 % Mar
.-10
B
A
675
•
Universal
1962
-1968
2%s
Finland
63% Mar
9
2
Consolidated
Feb
2,300
50o
Paper
6'As
113% 113%
113%
M-N
Q-F
M-N
Elmira
Jan
~7%
•
common—
United Stores
J-D
;
1860
Inc
—
% Mar
Feb
71%
~6%
—\
95%
109
J-J
Electric
Jan
71%
90%
$99%
1998
Apr
%
J-D
1957
93
100
•
Reclaiming
B-
6s
37
5
-
series
C
Steel
Apr
4
85%
107
I.
Feb
200
„
J-D
Cuban
Feb
~7%
1
common,;
1947
Eastern Gas & Fuel 4s ser A
Mar
121%
50% May
300
•
Rubber
%
1,500
MS
of Canada—
33 %
1
Securities
Radiator
United
51
25
common
warrants
90
25
common
preferred with warrants
1st
51
10
Machinery
Graphite
%
91
29%
1953
Gen
Feb
3
A Mar
5,100
26.600
25o
Preferred
S
%
%
-
United Specialties common.
U S Foil Co class B
U
300
•
regis
5VaS
deb
AConsolidated
16% Mar
Apr
May
Ltd—
Co
Sharing
preferred
10%
%
32
Feb
xll4
a-'
Profit
United
:
•'
—
dep rets ord
United
'
Products
participating
Amer
1,000
~~%
•
•
i
preferred-
Milk
United
115% 116%
29%
28
Continental Gas & El 5s
Mar
62
A May
1%
29
72
Consolidated
2% Mar
8,700
%
& Power common A
class
Common
$6
115%
1%
warrants
United Light
United
•
1%
23
24%
1st
94% Mar
16
1%
10
18% May
Feb
1,500
1
23
24%
Debenture
May
9%
Jan
Jan
1%
•
United Gas Corp common
1st $7 preferred non-voting
66
23
24%
Connecticut
6% Feb
4
89%
23
•'
23
——
Northern
Conv
Feb
80% Jan
550
-
Feb
Jun
79%
1
Debenture
May
7%
65
'
Jun
3
.
May-
7%
•
common
participating pfd
corp
Jan
5%
100
Products—
preferred
United
2%
5%
106
89%
1964
Cities
Apr
4%
128
104%
86%
104% 104%
1948
6s
11% May
Jan
..
_•
of Omaha
Ofgar-Whelan
2%
800
10
Canada
Chemicals
cum
United
$5
of
Yds
Aircraft
6,900
2%
2%
125
10
86%
—
23%
1st
3%,. 4%;
125
125
108%
23%
111
3'As
4%
A-0
104 %
101%
99
23%
Consol
10c
103%
107%
23'A
SAChicagO Rys
u
Ulen
108%
107%' 109%
10
20
105
106
•
Co—
Cincinnati St Ry 5'As A
-
Udylite Corp
33
100% 100%
108% 108'A
J-J
Central States Pr & Lt 5%s
Jan
7%
103'A 103%
%
..
5s
A5
1% Mar
9% Mar
4
103
J-D
J-J
Elec
102%
.
1
J-J
1953
&
104%
109% 109%
.109%
§ACentral States Electric 5s
24% May
Mar
I
J-J
2024
4%s
Edison
Canada
May
Jan
4%
High
A-0
5s
M
Central
62% Mar
3
Low
2
F-A
series
Boston
1%,-Jan
104
1970
Birmingham Electric 4'As
Jan
18%
Range Since
January 1
Sold
No.
J-J
Bickford's
11% May
115
1,600
•
preferred—
Apr
Feb
400
Inc
1st
Jan
109%
7,600
Jan
1968
Bethlehem
Jan
4%
Jun
5,100
3%
23
warrants
convertible
60
Feb
106%
800
3%
3%
10
Tung-Sol Lamp Works™
58
3'/a
Bonds.
Hteh
$107% 108
c__1956
5s
Telephone
5s
Jun.
113
1
,
Corp
Transwestern Oil Co
80c
59%
100
■Tonopah Mining of Nevada
Trunz
59%
100
preferred
Trans Lux
8ya
7%
1%
•
Friday's
Bid & Asked
1961
4%s
without
Bell
X23 % Mar
Jan
57% May
3% Feb
•
-
Jan
& Sons
5s
Jan
Jun
Jan
9%
Shipyards Corp
6%
Feb
Avery
May
6%
10%
Apr
6%
dep rets ord regis
Edison
119
Mar
Co Ltd—
Amer
Toledo
Jan
Mar
1
•
Exports
Tobacco Security Trust
2%
Jun
Mar
City Eiec 3'As
(B. F.)—
Atlantic
16% May
2
or
s
104%
5s
Assoc T & T deb
5% May
500
16
1
Co
Roofing
Todd
Jan
24
15%
1
Shovel
Tiiew
Tilo
5
23%
Textron Inc
Tishman
5%
600
10
;-1950
AConv
5%
J-J
M-S
4'As
Gas
A Conv
May
Lt
&
Elec
^Debenture
5%
Jan
Week's Range
Last Sale Prii
J-J
—1970
AConv deb 5s__
1
Interest
1960
1
Lt
&
Associated
.
Taggart Corp common
Tampa Electric Co common
3
Friday
Writing Paper 6s
Appalachian Elec Pow 3'As
Appalachian Pow deb 6s
AConv
—
2%
Exchange
Amer
Feb
Jun
15
—
—
Amer
11% Mar
36
17
May
12% Jan
■
—
'
51
200
■:.
7%
9%
*
deDS
Feb
'
9%
1950
debs
2%
%
13%
6,100
8s
debs
5%
8'A
—
f
s
10%
20'A
15
Finch Oil Corp
2%s
Jan
275
Jan
2,700
American Gas & Electric Co.—
Jan
200
4% May
Jan
7
200
13
Low
3%
200
—
12-
Period
1%
%
Ii
Drug
Curb
York
100
11%
,50
Ray
12%
BONDS
New
800
35%
Apr
3%
1
Wright Hargreaves Ltd
May
18%
Co
Sun
10
Apr
14
Jan
%
Jan
111
Apr
6% Mar
Jan
11%
Machinery
Sunray Oil 5 % % conv preferred
Superior Port Cement class B com
110
6'/a
Jan
9
34%
Zb
Cement
Ltd deposits receipts
1% Mar
Jan
11%
common
Corp
Co
1%
Jan
35%
Co
(Hugo)
Btimies
pfd—100
May
'
Stroock
Apr
15
100
1%
7%
11% Mar
Jun
43%
-r-
& Light
High
Feb
.
5% Mar
(F W)
American
Mar
%
12
—
,.1
Inc
Sterling
—
Low
10
•
Petroleum
Woolworth
Apr
5
Range since January 1
High
9 Va Mar
55
800
10
1st
Portland
Jan
13'A
__
Sterling Aluminum Products—
6%
%
U Feb
—
Wolverine
Low
Shares
1
-
common B
Power
Woodley
Jan
53% Mar
■
Inc
Wisconsin
Mar
%
% May
—
Winnipeg Elec
18 Vs Mar
71
Products
Sales
for Week
Range
of Prices
Apr
114
Jan
Week's
Last
Par
Willson
2% Mar
19 Va
Jan
7%
1,300
1%
-I
54
1,100
8,200
1%
Steel Co of Canada
Friday
Exchange
Sale Price
15% May
25% May
•h APr
*50
%
1%
.1
—
(The; Corp voting trust ctfs
8%
Jan
108% Jan
% Jan
200
—
Products
Tube
18% Jan
2
1
Standard Silver Lead
Standard
500
6
.100
Common class B
Starrett
23%
•
Curb
High
5,500
18%
-10
pfd
Standard Power & Light
Standard
Low
15%
l
(Ky)
(Ohio)—5%
STOCKS
York
Range since January 1
22%
-20
$1.60 convertible preferred
Standard
23 '/a
—10
Standard Dredging Corp common.
Standard
13%
9
New
Shares
High
14%
l
Standard Cap & Seal common
Convertible preferred
JUNE
for Week
Range
of Prices
Sale Price
ENDING
Sales
111
72%
82%
72'A
82%
72
%
82%
107
$108'/a IO9V2
•'
108'/a
100'A 101
68
95%
101'/a
102'A 102%
24
97%
103
_
Volume
THE COMMERCIAL
Number 4289
159
& FINANCIAL CHRONICLE
NEW YORK CURB
RANGE
Friday
BONDS
New
Exchange
Curb
York
Week's Range
or Friday's
Last
Interest
,
Low
Orleans
New
A
Income
Public
fis
Service—
series
1964
J-J
Continental
Utility 5%s_.—1948
J-J
Ogden Gas 1st 5s
-1945
North
Ohio
Oas 3%s
&
5s
Power
.
1st
mtge
3s
1st
mtge 3 Vis
$110 ft
•
•-.
.
Low
Public Service
—
F-A
1948
100%
F-A
.
86%
Power
95%
Oklahoma
Pacific
Water 5s
Power &
&
Power
Light
5s__..
1st
5s
Philadelphia
Elec
Philadelphia
Rapid Transit
Portland Gas
5s
5%s
Power
104 ft
105%
4%s
Edison
Power
Corp
5s
E
1956
104
103% 104%
5
102
104%
103% 104%
15
103
108%
104%
114
115%
(Can)
107 %
108
72
108
117
A
series
F-A
114
114%
13
Af-N
.2022
income
d3bs
115% 115%
1
,1954
1959
;
2
106
M-5
37%
37%
New
A
105
105%
6
105
109
109%
109% 109%
1
108%
110%
,2030
A-0
105% 105 ft
1
4960
J-D
116
116
1
105%
114%
118
6s unstamped extended to 19596s stamped extended to 1959
IA York Rys Co 5S stpd
1937
A Stamped 5s
1947
F-a
100
100
6
100
100
F-a
93 %
93 %
J-D
J-D
J-D
107
Real
106
.
108%
8
92%
J-D
"
—
104%
105%
151
151
152
7
137%
152
A-0
102
101% 102
14
98%
103
1979
J-D
112%
112% 412%
30
109%
113
127
BONDS
128
New
4%s
—
Estate
$125%
Af-S
.1952
1951
6s
$75
J-D
a-0
104%
a-0
Sheridan
1947
J-J
1957
J-J
Wyoming Coal 6s__
Carolina
Power
5s—.
Southern
California
Edison
Southern
California
Gas
3s—;_1965
3Vis
York
Curb
Friday
Exchange
Interest
>
Week's Range
or Friday's
Last
Gas
Indiana
Gas
29
r
104
108%
104%
2022
Af-S
103
103
"3
1'989
M-N
88%
88
91
13
a-0
95%
94%
96
45
86%
97%
94%
96
21
87
97 Ve
f-a
95%
94%96
53
1968
J-D
95
94%
96%
1957
f-a
95%
94"%
96.-
—
72%
86%
106%
108%
404%
103
83%
,.
6s„,
J._Dec 1
Power
■t
a-0
91
f-a
94%
a-o
&
32 1
86%
30
-
97%
86%
97%
97ft
95%
30%,
j-j
$20%
86%
35
29%
stamped
Electric
Texas
Texas Power
& Light
Water
Toledo
Twin
20-%
5s_
A Parana
8
104%
106%
6
105
105%
'
118
118
11
117%
f-a
103% 104
8
101%
118%
104%
108% 109%
8
107% 409%
J-J
1952
J-D
City Rapid Transit
5 Vis
98% 100
99
21
$21
—
■
22 '
16%
68%
62
72%
$66
.
.
69
60
63%
19%
21
[!".'(•.
—
J-J
$15%
>
:
Af-N
1947
J-D
1972 ;
J-D
21%
17
22
__
34%
38
28
18
25%
33%
37
36
37
1958
m-fl
$39 •'
■ ■
..
__::' •
.
$16
65
65
.1959
.
J-D
1921
j-j
—
-
—
2
'■
39%
40%
17%
58
9
71
11
33
39%
1
34
3%
40%
7%
3%
7%
'
6
6%
',. 71
35
6% '*•"
5%
"
16%
"65
40%
."I
6%
6%
\
■/-
is
■
39%
—
j*j
1919
6%s.
20
$39
•
A-0
1931
;
■
•".
...—1947;
6%s
'
J-D
-
7s
Government
4
—
M-N
21%
$39%
$26 ft
M-S
31
96%
101%
sale.
a
Deferred delivery sale,
Ex-dividend.
• x
>
-
.
a Ex-interest,
e
;
,
Odd-lot sale,
Under-the-rule sale.
n
r
-
$Friday's bid and asked prices; no sales being transacted during current week.
A Bonds being traded flat.
§ Re ported in receivership.
108 ft
J-J
1968
105% 105%
105% 106%
Cash
24%
m-n
3%s__
(State)
de Janeiro
ARussian
•No par value,
20%
105%
—1979
F-A
1951
7s
(issue of Oct. 1927)—
ARio
r
6
1958
:
57
55
$61
—
M-N
1958
AMortgage Bank of Chile 6s_
Mortgage Bank of Denmark 5s
20
21%
-
J-J
.I960
5s
5s
Power
Edison
21%
v/i
J-D
<
stamped
1952
(Peru) 6%s stamped_1958
A5%8
2022
Service
A-
series
6s
Tide
a-0
1946
51%
54
—
—
•
stamped
Mortgage Bank of Bogota—
A7s.(issue of May 1927)
,
2nd
High
21
24%
...
7-4s
$56%
1953
7s__
AMedellin
37
19
Low
.
AExternal 6%s
AMaranho
97
32
94%
33
20
Light 6s
1957
AStarrett Corp inc 5s_
:
—1950
Stinnes (Hugo) Corp—
A7-4s 3d stamped
—1946
ACertificates of deposit—.
8tinnes (Hugo) .Industries—
J
'
$56%
—
J-J
1955
5s__
ALima City
■
A7s
86%
25
,
Range Since
January 1
No.
Danzig Port & Waterways—
1
108%
20
a-o
'
109
103%
$103% 104%
83
5%s.
Extended
105%
107
$108
debentures
Standard
105% 105%
$107
Danish
Electric—
&
Debenture
gold
105%
f-a
6s
6s
104"%
105%
105
--86%
8s
stamped
Debenture
;
104%
—May 1948
.May 1948
L
&
(stamped)
6s
n.
-—1851
P
Spalding (A G) deb 5s_
Conv
105%
83
Rys 4s_L_
Southwestern Gas & Elec 3 Vis^
'6s
105%
103%
(Calif)—
mtge 3s
Standard
92
103%
10
104% 104%.
f-a
1970
86%
Sold
High
'
33
$105% 106
J-J
1951
"3
•
Agricultural Mortgage Bank (Col)—
A 20-year
7s
April 1946
A 20-year 7s
.Jan 1947
Bogota (see Mortgage Bank of)
;
ACauca Valley 7s___
J
1948
80
Bonds
Sale Price Bid & Asked
Period
Low
104% 104%
a-0
1971
Counties
73%
V',. V,
104% 105%
M-S
1970
'
—
90% -91 *
90%
A-0
Southwestern
100%
Foreign Governments & Municipalities
13
105%
109
M-N
1951
1st
96%
99%
99
99%
106%
105
105
1970
Southern
97%
100
111%
99%
$107% 109
1967
Southern
101%
85
96%
112
13
98%
Scullin Steel Inc mtge 3s
Shawinigan Water & Pwr 4%s
1st 4Vis series D
I
South
40
$98% 100
102%
17
1952
.
Joaquin Lt & Pwr 6s 3
ASchulte
97%
109%
Jersey—
_
Harbor Water
San
45%
105%
J-D
'
Safe
24%
J-D
of Colorado—
of
series
48
39
1951
107%
100%
108% 108%
Af-S
6%
perpetual certificates
Queens Borough Gas & Electric—
5fts
111% 116
,1964
—
106% 107
A-0
1949
4Vis B
Sinking fund deb 4s
Service
6s
West Penn Traction 5s_._i.__
Western Newspaper Union—
108%
103%
1101
M-N
.1961
;
mtge 3%s
Public
105%
107%
107% 107%
Af-S
J-J
,-.——1950
;
Public Service Co
1st
.1962
111%
A-0
Ry & Elec 4s
Wash Water Power 3 Vis
West Penn Electric 5s
166% 109%
112
108
109%
High
110%
Waldorf-Astoria Hotel—
51%
106
J107 % 108%
F-A
1964
F
series
J-J
January 1
Coke Co—.
&
stamped extended
Potomac
6s
40
109%
$108
106% 106%
J-D
1972
19
2
A-0
Debenture
109%
103%
1
15
Af-N
1970
—
51%
106% 106%
51%
M-N
Pennsylvania Water & Power 3%s_1964
3 Vis
104 ft 105%
106%
J-J
1979
.
105%
P-A
1955
Park Lexington 1st mtge 3s
1964
Penn Central Lt & Pwr 4%S—.1977
110% 111
Range Since
Low
no.
110
102%
5%s
cons
J-D
Sold
High
Co—
Wash
10
104
$102%
1949
...
106%
107%
&
&
4s
Bonds
1959
104%
108
107% 107%
Week's Range
or Friday's
Last
Sale Price Bid & Asked
& Rys (Delaware) 5%s_1952
United Light & Railways (Maine)—
6s series A
1952
Utah Power & Light Co-
115%
105%
$104 ft 105%
...
Light
J
United Lt
107%
103%
/..
N
•1st lien
104%
110 A
94%
94.;.
Electric
United
111
I
-
Friday
Interest
Exchange
Low
105
7
..
108% 109
A-0
.——1902
4s
Curb
Period
A 5s
Ohio
York
High
109
-
$103% 104
A-0
,-1971
1
106% 106%
—.
.
Af-N
_—1968
;
-
No.
High
$108% 109%
J-J
1954
Elec
Westchester Ltg 4s
Debenture
,
9
New
Range Since
January 1
Sold
100% 101%
101'A
...
Af-N
2004
N Y State
N Y &
JUNE
United
J-D
1949
EXCHANGE
ENDING
'
Nov
A;
WEEK
BONDS
Bonds
Sale Price Bid & Asked
Period
FOR
2441
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
"wit" when Issued; "ww," with warrants; "x w," without warrants.
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
JUNE
9
Friday
Week's
Last
Range
,..
of Prices
Sale Price
stocks
Low
Arundel Corporation
Preferred V t
c
t
v
4 % %
•
preferred B
Chemical
Eastern Sugars Assoc
vtc
com
1.25
243
8%
985
66
116
14%
7%
1
—20
of Amer A
145
45
14%
8
145
46%
10%
30
30
7
14%
18
Apr
Feb
7%
May
15% May
Jan
20
142
43
11% Mar
Jan
160
Jan
10
150
46%
Jan
11
50
27
Feb
76
80
13
65
Jan
90
85
Mt
Mar
116
85
82
81
Jan
85
30 %
Jan
Jun
Mar
May
.May
24%
25%
550
24
Apr
26%
35
35%
Apr
Jan
37%
1,084
35
Jun
41
Jan
Mass
Street
preferred
SS
Transit Co 4s
Baltimore
series
5s
—1975
57%
B——_i____1975
58%
100% 100%
$1,000
38,000
500
National
First
Association
Service
1
Stores
Capital
•
Corp
1
;
General Electric
Gilchrist
Co
*
—
Kennecott
Copper
Corp
100
Jan
51
102%
Jun
59
Boston
Mar
Jan
100% Mar
preferred
102
Jun
Maine Central RR common
5%
preferred
Mass Util
Associates
STOCKS—
Sale Price
.
American Sugar Refining
American
American
Tel
&
v
t c—
Linotype
—1
Woolen
100
&
Son
&
Boston
Albany RR
A
class C 1st pfd stamped.
class
Calumet
Cities
Cliff
&
D
1st
pfd stamped
Hecla
155% Feb
15
802
7% Apr
24% Feb
100
14 %
465
11% Jan
112%
175
96%
34%
35%
4,224
.;
41%
161%
Jun
Jun
9 % Mar
27% Mar
68%
70%
432
21
20%
21%
39%
39
40%
69%
Jan
14%
Jun
115% May
32% Jan
36
67
Jan
74 % Mar
80
19
Jan
22% Mar
1,594
26
Jan
41%
May
Feb
100
Mills
Pacific
fo.ptnotes„see_
Folding
Shawmut
Stone
Co
Suburban
Co
Twist
Drug
United
Fruit
7%
4
Jan
6%
10
3%
Jan
7% Mar
7%
130
5
Jan
8%
7%
7%
55
5
Jan
8%, Feb
Waldorf
5
Jan
9%
Feb
Feb
—5
5
—100
100
7%
375
8%
95
6%
6%
194
14%
15%
78
45c
45c
6
100
1%
1%
100
_5
6%
8
8 Va Mar
Feb
6
May
13% Feb
75c
6%
U
8
Shoe
41 Va Mar
Feb
34
10
Jan
16
Jan
UV4
Jun
Jan
82
Feb
1
Jan
7%
1%
160
993
29%
800
1%
Jun
2%
Feb
4%
200
25
17%
10
4%
7,599
3%
Jan
31%
-'95
23 Va
Jan
16
Va
4%
34
60c
100
47%
9%
870
13%
14%
759
26%
26%
11
55
.
9%
17
Jun
Jun
Va
6
Jan
Feb
36% Mar
7
Jan
1% Mar
Jan
56 Va May
Jan
100
56%
9%
__
Jan
Jun
32% Mar
Jan
34
30
__
Jan
Mar
78
30%
3%
Jun
37%
10 %
Apr
Feb
14"%
Jun
Feb
31
11%
15
24%
107%
107 % 109%
33c
„
—
105
36c
180
103%
Apr
109%
Jun
622
30c
Jan
46c
Mar
105
„
28 %
1%
__
15c
15c
39%
__
98
Jan
10c
Jan
45c
40%:
29%
Feb
90
25%
Jan
40"%
Jun
28%
1%
11
30% May
37
5
8%
1,146
25"%
Jan
2
1,535
86c
Feb
2
Jun
20
9%
Jan
12
Mar
1
Jan
1% May
14 Va May
__
26%
„
1ft
51
14%
14%
40
8'A
8%
4%
235
4'
Jun
11
1ft
—
105
Apr
89
12% Jan
7% Apr
2%
Jan
9%
4%
May
36
Feb
Apr
Mar
33
33%
340
32
26%
27ft
740
23%
Apr
28
Jan
14%
15%
261
12 Va
Feb
15%
Jun
81%
82%
209
71 Va
82% May
375
43%
72 Va
43% "
75% Jan
69% Jan
20
43% Mar
44 %
Feb
10
47%
48%
230
40%
Feb
48%
Jun
•
11%
12ft
60
10%
Jan
12 ft Mar
26
26
•
Machinery
common
preferred
Rubber
System
Jan
33% May
Inc
(S D) Co
Westinghouse Electric <fe Mfg
25
*
__
—
__
74
26
Jan
Jun
125
20 Va
Jan
275
91%
Feb
100%
$1,000
1,000
103%
Jan
104% May
109
Jun
109 %
17% Mar
40c
United
35%
•> 31.18
—25
Co__
Warren
7%
•
;
Inc
Jun
Jan
13% Mar
4ft
common—__
Drill
16
32%
17%
__
*
Elec Securities
Torrington
Union
*
•
Inc
Jan
Jun
Jan
34
10
Machine
25
Apr
8%
14%
29
*
—25
Assn.
Webster
A-
5%
Feb
Jan
90c
Jan
6% Mar
Jan
1%
Jun
50
99% 100%
Jun
Bonds—
Eastern Mass Street
4 %s series A
———50
RR
Mining
Reece Button Hole Machine
6%
10
page 2447,
-——•
—
Pennsylvania
Quincy
7%
6
Co
2.50
100
6%
-
.—100
Colony RR
75
349
Mar
Va
•
Old
100
6%
3%
17%
•
Northern RR <N H)
United
25
Mining Co
For
High
Reece
14%
110
35
1C
*
Service
Boston
Feb
2,528
Copper Range Co
East
20
7%
•
England Tel & Tel—
100
Stamped
10%
78
25%
100
1st pfd stamped
class B 1st pfd—-
1%
Low
7%
100
prior preferred
Q%
Range since January 1
24%
25
Boston Herald Traveler Corp
Boston & Maine RR—
class
41%
160% 161 %
100
Boston Elevated Ry
.5%
160%
*
Edison
1%
39%
Shares
High
50
Inc_
Boston
of Prices
New
North Buttp Mining
_•_*
——
Anaconda Copper
Bird
Sales
-
Feb
77
12
1%
—
————_*
—
15
Jan
Jan
-
8%
29%
.
•
England Gas & Elec Assn—
95";
1,745
81
....^
preferred
39%
34.00
36%
81
__
5
5%%
for Week
Low
Par
—100
Tel
Exchange
Range
39%
36
><
„
1
New
17
12%
—100
54
100
105
Jan
92
1,005
11%
100
——
40
75
425
16
10Va
———
6ft Mar
11%
12%
50
Theatres.————25
39% Mar
Jan
30%
33.73
__
__
5
common..
Jan
4%
11%
__
__•
—_—
(Del)
32 Va
29
29
11%
Hathaway Bakeries $7 conv pfd—_*
Isle Royale Copper
_15
Jan
75
10%
12%
Nash-Kelvinator
Week's
Last
15
•*
Mar
56%
200
66
*
Co
Narragansett Racing Assn Inc
Friday
10 Va
„
69
225
4%
101 Va
•
—
Gillette Safety Razor
Mergenthaler
Boston Stock
65
__
•
General
37
4%
101
•
•
•
Group
Public
6%
102% 102%
100
common
.
__
100
Inc
Employers
Engineers
Loew's
Conn—
of indebt 5%—
__
100
com_^
B
Lines
High
Louj
66%
36%
Range since January 1
High
65%
__
—
Bonds—
Certificates
Ry
Economy Grocery Stores
Lamson
Atlantic Coast Line
100
100
1st pfd series A
6%
Eastern
Low
Associates—
prior preferred—
preferred
6%
Jan
Jan
69
Jan
14
Jan
1.75
10%
64% Apr
115
8
6%
High
,
1.00 May
7
Apr
5
-645
4%%
Eastern
100
10%
30
common—p.—5
Houston Oil of Texas 6% pfd vtc£jT-25
Moore (Tom) Distillery
i^Li.25',Vernon-Woodbury Mills pfd_--'^_100'
New Amsterdam Casualty—
U S Fidelity & Guar
;
—50
600
66
116
—„__10
Fidelity & Deposit Co
Fidelity & Guar Fire Corp
Finance Co
66
100
Co———1
Range since January 1
LOW
15%
Shares
,
Eastern Gas & Fuel
High
7%
8%
Consol Gas E L & Power com
Davison
Shares
for Week
of Prices
Par
15%
15%
—100
c
—
Sale Price
Sales
Range
Last
'
Sales
1.10
•
common1
Bait Transit Co
STOCKS—
for Week
..
Week's
Friday
Baltimore Stock Exchange
6s
series
C
Ry—•
1948
.1948
—
__
104
104
109 ft 109 ft
Va
Jun
THE COMMERCIAL &
2442
Monday, June 12, 1944
FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
RANGE FOR
WEEK ENDING JUNE 9
Last.
STOCKS—
Chicago Stock Exchange
Friday
Last
Range
Sale Price
STOCKS—
—10
stock--
cap
Laboratories
Allied
Castings
Aluminum
Advanced
62 V4
common——
&
Armour
Co
450
4%
Jan
.50
16%
Jun
23
Jan
33%
Apr
23'/a
50
36%
36%
100
160%
160% 1607/a
111
5% Mar
20%
Jan
23%
Jun
39%
Jan
May
108
40
111
Jun
112%
Feb
350
156%
Jan
160%
Jun
5
5'A
5%
600
4%
Apr
6
Jan
1
1
4
common
Equipment Corp common
Asbestos
5%
161/s
62%
Feb
111
Q
d
600
7% Mar
9
Jan
Tel Co capital——100
American Tel &
Aro
53%
X23 J/2
Products
Chalmers
Allis
100
16%
Corp common——-10
Mfg Co
——
*
American Public Service pfd
100
Allied
62'A
4%
*
5
*
Laboratories common
Mfg Co common
_
Athey Truss Wheel
capital
Automatic Washer
1%
common—.——3
1
Jan
1%
3,700
47/a
Jan
6% Mar
50
11/4
3%
3%
3%
Jan
.
—-*
*
—5
Jan
Corp
Radio
Belmont
Corp common
Aviation
Bendix
16
Apr
26%
Gas
91/2
Jan
500
33%
Jan
38%
Jan
11
12%
20
37»/4
38%
10%
10%
10%
Bliss &
1
5
5
6%
—_—1
Co capital
Laughlin Inc common
Mfg
Binks
31/2
—.
8
1,050
6%
6%
Jun
May
6%
Jan
5
50
Apr
250
Jan
Jan
38 % Mar
400
3%
Feb
(E L)
Co
Piston
Burd
common—
Ring
common—_.
Brothers
Butler
&
Castle
111
lien
Jun
6%
350
4%
Jan
10%
650
9
Jan
10% Mar
29%
200
28
Jan
29% Mar
21
22
300
20
Jan
22
Jun
91
92%
93
240
88%
Apr
95%
Jan
1,700
%
Jan
preferred
150
9%
%
.1
10
%
*
preferred—
%
10
*
50c
——
Central S W Util common
Prior
6%
6%
10
—t.:—_.
^
Convertible
38% May
20% Mar
10%
Apr
11
18%
18%
450
16%
Jan
20% Mar
4%
1,000
3%
Jan
4%
4%
79
150
17
28%
29%
1,500
58%
58%
77
10
4
77
*
Feb
26
56%
Jan
79
110
71% Mar
151
30
19
50
150
116%
%
%
Jan
10%
Apr
% Mar
850
'
U May
!e
Jan
100
Jan
116%
59
59%
60
58%
Jan
63%
Feb
14
14
150
12%
Jan
14%
Apr
111
5
1
preferred
5%
44%
44%
46
750
44%
Jun
50%
Co common-.
Mills common—
"8%
19%
130
14%
Feb
20
Apr
95%
95%
50
82
Jan
95%
Club
'
100
25
115
28
Apr
111%
Jun
58%
Mar
51%
20
Jun
Jun
115
Feb
14
14%
200
13%' Mar
Serrick Corp class B
South
*—
Works capital
Lathe
Bend
87
89
250
78%
Jan
89
14%
15%
2,150
13 Va
Feb
150
200
11
Jan
13 Va
85
Feb
92%
92%
500
4%
4%
950
3%
Jan
13%
200
10%
Jan
21
—.
21%
450
20 Va
Jun
9%
2,250
77/a
9%
Spiegel Inc common
2
Stockyards capital—*
Edison
4,500
24%
Jan
450
4%
Jan
27%
70
18 Vb
Jan
4%
V 250
2%
Jan
2%
26%
26%
27
1
4%
4%
Jun
3%
2% May
150
3
25
common
Consolidated Biscuit common
Common
Oil
Standard
capital
Indiana
of
Inc common.—:
Sterling Brewers
Texas
27
27
4%
Common
Container Corp
Jan
5%
cum
Cunningham Drug Stores
& Cohn
(Alf)
Co
29
Union
Carbide
2
Jan
19% May
2%. Apr
2%
700
33%
32% Mar
pfd—100
__i.—2Va
3%
Jan
5%
Jun
3,000
12%
Jan
15%
ljun
14%
100
14
29%
30%
950
27%
32
32%
550
28
Jan
32% May
48
48
100
45%
Feb
49%
12
12
250
11%
Jan
13% Mar
13%
14
300
12
Jan
14
May
14
79%
80%
150
26
200
23%
76%
76%
Stores
300
20
Feb
24%
Inc
19
Feb
24%
99%
98%
99%
400
93%
Jan
21 /-'/
21
21
200
20%
Jan
/
;
\ 102
1%
common
General
Outdoor
& Dk
9%
2,050
8
Jan
10
13%
Radio
Brew Co G
Hershey class
Hupp Motors
29%
Jan
Brick
Co
18%
Jan
23
11%
12
Steel
Corp
Electric
General
Steel Co
Inland
Co
17%
Iron
Corp
4%
Jan
Pullman
Jun
Jun
61%
—
-u
14
19%
19%
20
17%
17%
8%
8%
100
4%
Jan
10%
11%
600
8
Jan
14%
150
%
'
(The)
common
Brands
8%
—
11%
Jan
15
1,150
Jan
20%
—
15%
Apr
17%
9
Apr
9
Rubber Co
U S
8
%
700
9%
Jan
11%
550
13%
Jan
16
1 %
Jan
1 %
—
1%
4,000
6
6%
450
15%
15%
100
23
200
22%
22%
6%
6%
6%
4
1%
15
Mar
6%
Jan
23
5% May
6%
100
72%
Feb
76%
Apr
75
15%
450
13%
Jan
15%
50
10%
Jan
11%
Jun
50
4%
Jan
6%
Jan
950
6%
Jan
200
47%
Jan
7
49%
7%
50
3
4%
3%
Vb
650
1%
Jan
Eagle-Picher
5%
650
3%
Feb
5%
7%
1,850
6%
Apr
8
Apr
5
350
4%
Jun
5
Apr
21
21
10
15%
Jan
21% May
25
150
22
Jan
25
Hatfield
.
32
32%
190
2fi% Jan
33
16%
2,250
10
10%
150
16% May
8% May
•
—
•
■
—
—
__>"
15%
15%
500
13%
45%
46%
400
—_—»
—
participating
Kahn
1st
20% Mar
950
23% Feb
27% Mar
44
44
100
37%
Jan
45
May
15%
16%
1,900
15%
Feb
18
Mar.
Apr
10%
Apr
18% Mar
15%
9 Va
10%
20%
19%
20%
100
12
10 Va
12
100
12
10%
12
—
■
*
9%
2,750
Co—
'
pfd_l_
—
—
__
preferred;
IlO
common
*
57%
250
17%
2,800
1,500
■
9%
—
2%
2%
400
1%
9%
9%
300
914 Jan
28%
28%
60
28
Jan
Feb
U.
S.
•
l
3%
-_
2%
3%
X45%
47%
12 Vb
12%
•
-
1,600
650
100
.
214
Apr
41%
Apr
11%
Feb
class
B
Jan
28% Mar
31% Mar
52%
Feb
57%
14
Apr
17%
Jun
40%
Week's
Feb
48 %
Jun
Jun
Sales
Range
for Week
of Prices
Shares
Range since January 1
Low
High
Low
29%
30.'
918
High
Feb
30
May
Feb
9
Mar
7% May
9
Mar
26%
Feb
25%
4%
83
4
7%
35
24%
24%
90
22%
11%
11%
11%
20
10
3%
3%
3%
55
3%
Juii
4
Feb
104% 104%
317
100%
Jan
104%
Apr
108% 108%
30
Jan
108% May
.
__
104%
...
May
13% Mar
__
984
Jan
9
Mar
146
Jan
78
Mar
9%
.
8%
76%
9%
51
8%
Jan
11
Apr
19%
155
17%
Apr
21
Mar
8%
76
7%
72
11%
12
55
10% Apr
12
Jan
31
31
10
30
35
Jan
»
May
Jan
36% Mar
34%
34%
10
29
39
39
39
75
34
Jan
43
Feb
42
40%
42
80
39
Mar
42
Jun
11
12
10%
111
30
__I
.11
-
111
.
107
Feb
Mar
12%
111
Apr
Jun
Jan
35% Mar
34%
33%
34%
570
55%
57%
341
52%
Apr
58 Vb
Jan
3%
.
31%
57%
—*
3%
40
3%
Jan
4
Mar
,—*
♦
Printing
*
99
Apr
18%
8%
76'/a
*
*■'
—
Preferred
21% Mar
12
'
Jiin
12
——.—-50
8% Jan
12%
Apr
38% May
11
?
11%
161
36%
37%
36
35
Apr
13
11
-
14%
388
12
Jan
14%
107
15
Jan
20% May
24
Apr
Unlisted-
-25
Jun
American
Ice
Rolling Mill
& Fuel
—
30
Jan
20%
4%
4%
45
60
61%
445
51%
Jan
61%
*
30%
30%
15
28%
Jan
31% Mar
3%
*
46%
46%
151
43%
Apr
48%
*
Columbia Gas
4%
Mar
Jun
.10
Motors
Standard Brands
60%
48 % Mar
12% Mar
Timken
Roller
Bearing
Feb
19%
•
2%'May
10%
General
*
8%
16
11% Mar
5% Mar
5% Mar
Jun
51% May
18% May
1,400
Randall
15%
Jan
Jun
Chemical Co—
1,700
16%
Procter & Gamble
City
Common
For footnotes see page 2447.
1,100
17%
56 %
100
;
Jan
10%
Feb
450
•
Miller & Hart Inc—
~
9%
17%
9%
preferred _——————100
c43%
38 V* Mar
10%
Is
Montgomery Ward & Co. common
National Cylinder Gas
cpmmon
20% May
14% May
Mar
16%
*
Common
Jan
27%
——*
*
class. A
Hobart
Jun
_*
Monroe
8% Mar
26%
-io
...—.—
Insulation
Jun
7%
25
common
Mfg
Jan
26%
;—*
_—
Art
Gibson
3% May
*
common
Modine
7
Apr
*
*
_——-—.
Crosley Corp
Jun
*
Corp
prior
250
Jan
Advertising
8% Mar
50
4%
5
7%
16%
Products
—*
Cincinnati Gas & Electric preferred.100
C N O & T P
20
Cincinnati Street
50
Cincinnati Telephone
—50
Cincinnati Union Stock Yards
*
Jun
11%
7%
Apr
4%
Paper & Fibre
Cincinnati
Jun
6
35
7%
Churngold
JUn
68
15
50
7
Field
$1
Jan
700
15%
Products part pfd—
Champion
Feb
•
;
Jan
37%
36%
11%
Baldwin
May
100
6
1
prior lien
Jan
6%
250
11% Mar
19%
.
Jan
76%
*
lien
60%
Jun
1,050
Par
Jun
11%
7
Marshall
prior
Jan
4%
6,200
—20
American Laundry Machine —
Jun
75
5
Masonite
7%
56%
17%
Sale Price
Jun
76%
.
1
A
100
700
18
Last
Mar
10%
100
5
14%
STOCKS—
Kroger
preferred
68%.Mar
10
common..
Mar
75
—
_1
♦
Util 6%
10% Mar
27% Mar
Jan
Cincinnati Stock Exchange
Mar
500
11%
*
capital
Feb
56%
16%
Jun
16
;
9
24% Jan
500
17%
1
Studebaker Corp common
Jan
200
15%
common
1,050
39% Mar
Jun
13
11%
*
1.000
25%
Feb
Jun
19%
11%
50
10%
34
8% May
/
16
l
350
7%
7%
_*
25
common
Standard Oil of N J
42% Mar
Feb
11%
Inc
Oil Co
Pure
8% Mar
40%
♦
United
Jun
13%
Standard
Jan
8
51%
Mfg class A
Manufacturing
McWilliams Dredging Co. common
Convertible
6%
17
Mar
3%
300
McQuay-Norris
Midland
Feb
18
18
16%
150
200
1,850
McCord Rad &
Midland
5%
14%
Jan
200
,.
61%
common
Corp
Apr
550
i
36%
•
40%
*
1
—
common
preferred
West
Jun
5%
1
*
—•
■
Middle
10%
Jan
38%
9%
64%
•
40%
common
Carbonic
Jan
4%
1
Republic Steel Corp common
4%
1
Libby McNeill & Llbby common
Printing Co common
$3%
8%
500
58%
Radio Corp of America common
59%
Lincoln
Liquid
1,650
5
•
Corp
Paramount Pictures Inc
Formica
Co
Jan
10%
25
25 Va
•
common
York Central RR capital
New
Feb
8%
*
common
Kellogg Switchboard common..
Kentucky Util Jr cum preferred
&
3%
4%
May
60%
Katz Drug Co common
Leath
Jan
1
•
12%
40%
10
common
La Salle Ext Univ
Apr
2%
66
95
4
100
Co capital
(W B)
Joy Mfg
Jun
11%
1,850
6"%
——
Jarvis
13
150
3%
58%
Jan
8%
'
1
capital
capital
13
64%
Feb
*
(new)
Harvester
International
29% May
_•
common
Co.—
Nash-Kelvinator
Jun
1
B
Products
Apr
6%
10
10%
50
4
10
,
Indep Pneumatic Tool v t c
Steel
26%
120
;
com—-•
39
150
92
17%
17%
10
Illinois Central RR common
Indiana
350
38
50
Topeka & Santa Fe Ry com—100
American
Illinois
Jun
28%
5
*
Curtiss-Wright
32% May
50*
*
cap
common
Jun
7%
4%
Friday
Houdaille
127%
Jan
10
common—
Copper Mining
Bethlehem
Feb
50
92
*
Hall Printing Co common
Heileman
Mar
55
Jan
6%
-.5
capital-
Corp
Stocks—
Anaconda
Jun
23
•»'
com
Harnischfeger Corp common
Apr
3%
5
—2
common.
American Radiator & St San
6% Mar
31
*
common..
(H W) common..;
Lakes Dr
Great
Jan
*
Gillette Safety Razor common—
Gossard Co
Jan
5%
1G
common
Adv
10%
1,200
13%
23
1
common
common
Corp
50%
150
1,950
Jun
31
.___«
common
700
6
9%
9%
100
Motors
750
7%
3%
10%
Industries
Yates-Amer Mach
Feb
9%
5%
13%
13%
5
Preferred
Foods
Jan
27% Mar
*
Common
Woodall
Mar
21%
6% May
450
9%
9
10
Four-Wheel Drive Auto
Corp
82%
76%,, Jun
Jun
15
.1
Fox (Peter) Brewing common
Co
Apr
Jan
Mar
71
13
common-
Bankshares—
Wisconsin
Jun
500
__5
common
Finance
Jan
May
28
28
Oil-O-Matic
50
53
7%
Walgreen Co common
Williams
May
24%
*
1
Elgin Nat Watch Co
General
18% jJan
31% 'Feb
127%
127
100
—1
Utah Radio Products common
Wieboldt
51%
52
:
preferred
cumulative
1%
Interlake
Electric Household Util Corp
General
Jan
77
25 %
Inc—
Dodge Mfg Corp common
;
Domestic Industries Inc class A
General
Jan
100
15%
14%
—25
Martin (Glenn L) Co common
Gardner Denver
34%
5%
14.%
15%
capital—.*
r__
5
—.—20
Carbon
&
Gypsum Co common
U S Steel common
5% Mar
24%
10
Inc
Jan
43
Jan
U S
Atch
Common
Eversharp
Jun
Apr
16
Feb
24
25
common—
Cudahy Packing Co 1%
Decker
Feb
9
1
Jun
27
24%
24%
20
Co
24
Feb
6
5%
(J R) common-—25
(The) commoril—:
;—_2
Trane
of America—
Common
Crane
Jun
13% May
700
18
33%
33%
common
capital———
Corp
Thompson
Unlisted
pfd part shares
i_—.50
part shs vtcB
*
c
Apr
May
27%
30
33%
18
2
_5
Sundstrand Machine Tool common-—5
Swift & Co capital-.
—25
Swift International capital-—.
15
Corp
Stewart-Warner
Consumers Co—
t
5
200
33
18
.30
1,
23
1
preferred—
Standard Dredge
Zenith
V
Jan
17% Mar
10
Aluminum Utensil Co common—*
Commonwealth
8% May
8%
13%
91
l
4%
1
*
5
common—
6"%
8%
13%
'
Roebuck & Co common—
gears
14% Mar
5
common
Co common
Cities Service
150
58%
115
Chicago Yellow Cab capital—
Corp
27
58%
6% Mar
4% May
5,950
—.—*
Chicago Towel Co conv pfd
Chrysler
5%
26
i,—
i_
w
Feb
19% Mar
17% Mar
Jun
for common w i
c
Preferred
May
155
1314
______1
capital
Cummins
Schwitzer
Jan
19%
*
5
Chicago Elec Mfg class A pfd
Chicago Flexible Shaft common
Chicago & Northwestern Ry—
V t
5%
*
Chicago Corp common
Convertible
63% Mar
79
Jun
113% 116%
*
—________
Burrell Corp common
Cherry
30 % May
Apr
United Air L Transp capital
Preferred
May
19% May
'
Jan
100
19
>
,
151
28%
50
100
4% May
93
Jan
10
18%
18%
Jan
Corp—
Secur
Common
Jan
17% Mar
100
90
.
___—
Rollins Hosiery
Jun
27
Jan
22
100
;
Apr
29
Pub Serv $6 pfd
Illinois
Central
27
4%
10%
6%
30
(A M) common
Co
Central
3%
3%
26%
5
—1
—10
convertible preferred
5%
33%
400
10%
St Louis National
.
Common
Bruce
150
18
18
Quaker Oats Co common
Preferred
38%
10%
18% May
34%
18%
38
16%
1,450
18
37
38%
'
90
——
Sinclair Oil Corp
Borg-Warner Corp common
Brown
Fence & Wire—
Feb
-100
Capital
Jun
Jan
100
200
9
37!/4
1
Berghoff Brewing Corp—
Feb
Jan
81/4
15%
26%
8%
Apr
36
37
4% Feb
450
15%
25%
15%
5
Seelig Mfg A common
&
Barlow
13%
Jan
18%
—
common
RR capital
Lt & Coke-
Pennsylvania
Peoples
Reliance Mfg
Bastian-Blessing Co common
Apr
32%
17%
Peabody Coal Co B common—
5
6% preferred. -——t——,——100
Penn Elec Switch class A—
—10
Jan
2%
Feb
1,450
2
3%
3
Aviation Corp (Delaware)
5,900
61/2
1 J/a
12
100
10%
„
:_2P
North 111 Corp common
Northwest Bancorp
High
Low
200
35%
.
5
Noblitt-Sparks Ind Inc capital
High
Low
High
Nortn American Car common
Abbott
Range Since January. 1
13%
13
__
Range since January 1
Shares
of Prices
low
par
National Standard
Shares
High
Low
National Pressure Cooker common. —2
for Week
for Week
Range
of Prices
Par
Sales
Week's
Sales
Week's
Friday
Sale Price
5% Mar
Jun
Apr
Volume
Number 4289
159
THE COMMERCIAL
& FINANCIAL CHRONICLE
2443
OTHER STOCK EXCHANGES
RANGE
Cleveland Stock
Friday
'■ STOCKS—
V:\v
,
Sale Price
.
Brass
Manufacturing-
Coach & Body——:—
Basic Refractories
5
Brewing Corp of AmericaCity Ice & Fuel-
Low
50
3
American
Preferred
Clark Controller
Cleveland
„—_
Cliffs
Iron
Corp
Eaton
General Tire
4%
May
40%
Feb
15
Aircraft
Accessories
11% May
4% Mar
Jan
50
8
Bandmi
Petroleum
Jan
51% May
20 % May
104%
Apr
105% May
Barker
Blue
Bros
Co
„25
Jaeger
Byron Jackson Co—
22
Jan
79
May
15%
501
13 %
Apr
30
42%
Feb
45
Mar
81
50
Apr
57
Jan
Consolidated Steel Corp
Preferred
30
19%
Feb
23%
Jun
Creameries
Douglas Aircraft Co, Inc
Exeter Oil Co, Ltd, class
47
49%
16'A May
92
40%
Feb
50
Jun
> 110
36%
Feb
48
May
45
43 %
Jan
50
Mar
a43% a49 %
46"%
*
49%
33
*
•
20%
21 'A
*
21%
11%
12
5%
.
National
Cement-—
Refining
Prior
Packer
18
*
19
1%
Electric
Bros
Seiberhng
35%
500
75
12%
85
1.826
5%
17
6%
18
Jan
Jun
12
Apr
10%
110
Feb
Mar
1%
12%
116% May
2
Jan
Apr
Jan
16
11% May
Jan
7
36
.
Jan
50
40%
Jan
208
33%
Jan
6 'A
110
5%
27
182
7%
Mar
Jun
43%
Feb
42%
"v
Jun
Jan'-
20
May:
12% Mar
32%
42%
27
Feb
19
a42%
50
—
Jan
Jan
'42%
*
Jan
22% Mar
15% Mar
a7%
50
Apr
12%
Jun
a 42%
—_25
23
May
Mar'
a7%
Inc___l_—
Tool
White Motor
120
36
35%
—_*
Products
139
16
:
12%
*
Standard Oil of Ohio.—
Vlchek
11%
1%
16
.—5
—
—
Rubber
Thompson
395
116 Va 116%;
Corp, ———r__—*
Richman
J,.
95
19
11'A
6$>_—
Tile
Reliance
11
400
34%
Jun
21
18
,
Feb
.20%
50
5%
x
18%
new————*1
preferred
National
—*
———
66
31
603
'
12
—*
Portland
50
33%
i20%
—
,
Larason & Sessions
Medusa
7% Mar
Feb
27
Jun
Unlisted—
Firestone
Central
&
General Electric
Industrial
Ohio
Oil
S
7
—•
a36% a36%
100
*
a40% a40 %
50
•—
Central
>a7%
Steel
Feb
37% May
35%
Apr
40 %
7.
Jan
Mar
17%
150
17%
18%
185
17 V, 17%
a51% a52%
*
:
35
30
330
15% May
18
Mar
127
50%
55
Mar
*
I
common
48 3% May
a7%
*
common
39% Mar
17%
—
common—.
Steel
common
Republic
U
a47% a47%
common
Iron
York
common—*
common
Rayon
Interlake
New
Rubber
Apr
17
Feb
17%
8
Feb
20% Mar
19% Mar
Apr
of
Farnsworth
General
Television
'
I
'
'
.
Mfg
Detroit Stock Exchange
STOCKS—
't
Week's
Sale Price
of Prices
Shares
Range since January I
High
Low
High
5
8
100
6%
7%
639
6%
Jan
39%
39%
100
39%
Jun
*
33%
33%
530
27%
Jan
1%
250
1 %
Jun
200
12%
Jan
13 % Mar
Consolidated
Crowley,
Milner
<fc
Detroit
Gray
common
Cleveland
Nav
Steel
Corp
Ex-Cell-O
Corp
Chain
General
Finance
General
Motors
——;
Lock
Kinsel
KreSge
(S
common—
S)
Oil
Stl
6%
Abr
Davis
peninsular
190
4%
3%
21
186
38%
Jan
46
May
53
53
210
47
Apr
53
May
12
11%
12%
Feb
12V2
'
Air
Pr
4%
550
3.318
18%
75c
Mfg
300
3%
Jan
20
"B"
6% Mar
(Fred'k)
Timken-Detroit
100
17%
Jan
800
22%
Jun
Co,
4% May
.
Unlisted
Rad
Jan
39c
May
Feb
14c
Jan
20c
20c
20c
Jun
30c
Jan
39c
39c
1,200
25c
May
48c
Jan
33%
33%
595
30%
Jan
36%
36%
150
35 V4
Jan
33% May
36% Jun
160
30
Jan
31%
20c
31%
47%
Jan
4
61%
976
52 %
Feb
1%
3.285
1%
Feb
Jan
13%
14
200
12
16
667
14%
Jan
33%
12
U S Radiator
Co
12%
Warner Aircraft
common—
5%
For footnotes see
page 2447,
5%
125
9%
9%
1,398
Apr
8% Feb
3%
9%
3%
1,700
3 Va
Jan
4Va
Jan
May
5%
30
47 Va
May
48 %
194
36%
Jan
40 y2
Feb
2c
Jan
5c
Mar
10%
Jan
4c
4c
2,000
13%
13%
13%
877
3%
3%
260
8
8%
310
22%
22%
23
2,286
22%
1
Ltd—
L -25
1,205
3
13% May
3 % May
Jan
7% May
10
Jan
508
30 y8
Apr
32%
Feb
-25
—
24 Va
31%.
30 >/8
30 y4
615
29%
Jan
31%
Feb
28%
30 Va
24%
Jan
3lV4 Mar
37
37 V2
1,385
1,089
35%
Feb
38 %
Jan
6
291
5%
Feb
6V4
Apr
13%
Feb
»
37
_*
13%
13%
13%
539
2
9%
9%
2,920
8ya
Jan
13% May
9% Mar
Air, Inc.—5
al9ya
a 19%
38
18%
Apr
19% Mar
18%
,
1.5
pfd
*
._!
19 V4
19%
100
18
Jan-
-20 "
7%
7%
200
6%
6%
2,250
Oil
1st
Inc—
10
Mining Co—_ 10c
Co
1
Ltd
Co
19% Mar
6
&
Co
8%
—50
Aviation
Corporation
Baldwin
6%
700
5 % May
6c
Jan
9c
1,000
2,000
1.10
lc
2,000
6%
% c Apr
10c
Jun
1.30
2c
9%
a38
50
36%
Feb
684
156%
Jan
50
42%
Feb
43%
25%
341
24%
Jan
27
a5%
65
5
Apr
6
a64y8a67y8
Oil
vtc
—
—
Jun
Jan
9
175
56
Jan
a32
50
32
10% Mar
37%
158
May
Commonwealth
&
Vultee
Southern
Aircraft
3% May
Jun
Jun
Crown
Jun
Curtiss-Wright Corp
16
v
Jun
Jan
——
Zellerbach
A
Class
539
110
19 y4
Feb
21% Mar
20
15%
Apr
18%, Mar
a59
139
57%
.
,
Apr
60% Mar
13 % May
30 y8 Mar
36% May
36% May
9'/a
240
>8%
Jan
10%
Feb
al5% al5%
160
14%
Feb
15%
Jan
a26%
198
25%
Apr
26% May
% Jan
9 y8
„
a26%
al2%
22%
Feb
25
Jun
Great
308
2%
Jan
3
2%
5%
650
27c
;
400
2
•
■?/.
6%
70c
v
4%
1.000
1,900
100
2%
1,720
24c
Jan
Jun
5% Mar
Jan
1%
5
1%
150
16
9
5%
18.547
3%
29%
280
26%
10%
220
1%
Jan
May
C 2.355
9
36c
2
Jan
65c
19%
1%
6%
88c
j
Jan
17%
258
-1
4%
4%
5
2,205
al5
al5
al5
10
36%
874
__5
17 ya
■
.
35%
17 % Mar
Apr
Jun
6Va
Jan
17
Feb
Jan
37Va
May
Jan
General
Int'l
Foods
Corp——
Northern
2%
Nickel
Canada
Jan
Central
Jun
32 V8 Mar
95
7%
95
a44% a46%
Apr
7% Mar
42
Apr
47% Mar
15%
6%
Jan
20% Mar
17%
180
7%
7%
385
7%
17%
17%
294
16%
Jan
18% Mar
al8% al8 y8
19
18
Apr
19% Mar
17%
'
-1
9%
Jun
Feb
4%
5%
27%
27%
413
25 V4 May
30
May
.50
29
29
754
26%
30
May
400
1%
1%
1,400
Motor
Car Co
1% Mar-
Pullman Incorporated
Pure Oil Company
12
Jan
4% Mar
1%
1% Mar
May
.25
5,625
3%
21
380
20%
a42% a44%
257
41
16Vs
205
15%
21
*
—
Radio
Corp
Republic
!—
16 y8
•
of America
Steel Corp.
Jan
Jan
..
5ya
Jun
Feb
22% Mar
May
43 % May
At
32
Jun
Jun
Standard
Brands
Oil
Co
(Ind)
Standard
Oil
Co
(N J)
26%
Apr
2%
Jan
2%
Jan
4%
4%
395
4%
200
5%
Jan
3%
3%
500
2%
2%
2,240
7%
7%
1
1
Jan
Jun
3% Mar
4%
Jun
7%
28%
Jun-
Studebak'er
Swift
&
Jan
Texas Corp
7%
Jun
Texas
3% Mar
1%
Jan
3
300
6
Feb
7%
739
98c
Jan
1% Mar
Jan
18 y8
Jan
234
88% Mar
88%
——
Tide
Gulf
Water
Jun
Union
Pacific
Air
13%
Jun
30%
Jun
100
32% Mar
33% Mar
'
„
53% Mar
55% May
17% Jun
173
17%
1,598
13%
Apr
27%
Jan
46 ya
Apr
17%
a30
a30 a30%
210
a46%
a46% a47%
130
a34% a34%
60
„*■
Carbon
Railroad
Lines
Feb
Apr
_25
Associated Oil
&
12
29%
.25
Sulphur Co
Carbide
520
135
a56y8 a56%
_25
-1
(The)
Union
United
.25
Corp
Mar
Apr
13%
30%
a33% a33%
15
Company
5%
.
10%
Apr
13%
Inc
675
Apr
16%
30%
Socony-Vacuum Oil Co
104
200
8%
650
a91% a92%
Co
Feb
Mar
795
17%
J
Roebuck
18
9%
17
.
Bears,
Feb
9%
—.
Apr
Jan
1.500
2%
5%
"
2%
100
-10
—
Pennsylvania Railroad Co_
Phelps Dodge Corporation
2,% Mar
17%
Packard
Company—
3% Mar
Jan
2%
Oil
3% May
Apr
3%
4Vir
15
,.1
9%
3
Jan
Feb
Paramount Pictures Inc
514
CO
—
Jan
12
30%
7%
—
a44%
»
27%
518
344
Jan
1,000
;
-7
RR
Apr
15
30%
Jun
4%
169
Jun
Jun
10%
?
25%
45
1%
5%
Jan
104
34% May
10%
Jan
v:
Jan
14%
Aviation, Inc.
American
North
28 V4
30V4
—
Libby, McNeill & Libby
York
75
a26% a26%
a26%
Copper Corp
Montgomery Ward & Co Inc——.
New
May
47% Mar
Feb
30%
Feb
26i8
Jun
42
Mar
1%
a33% a33 %,
Railway Co——
of
Co
43
1,845
Apr
3%
32
Mar
Mar
Kennecott
40% May
.."
1%
1%
1%
Jan
1%
«
Feb
85
a48% a49%
a48%
—1
Corp—
315
a4iy8 a42 y8
—
(B F) Co—_—
Feb
7%"
•
4%
Ohio
3
4
'
16
16
Feb
Jun
North American Company-^—
371
3 /■-
1
6%
30% Mar
Jun
425
28%
3%
15
30% Mar
19% May
1,050
104
.*
Jan
20
11%
2%
'
3,845
Jan
3%
-
4%
'
Jan
5%
Jan
?
3%
3%
•
3%
10%
*
Feb
11%
6%
Jun
>:
—
%
23
12%
a31% a3iy8
„5
General Electric Company
490
•*:
28%
a
6ya
6%
36%
——
—
25
11%
■
a27
258
„1
-1
Feb
Mar
30
73
a37% a38%
4V4
13% May
10
150
a32
-1
Corp—
—
May
3%
Corp..
—
Jan
67 Va Mar
32
15%
al2% al2%
__
__
25
Corp
Feb
Mar
19%
a31%
—
——*
Company
Apr
Apr
a57y2
„
—
Co.—25
Corp_;
Continental Motors Corp _——
Continental Oil Co (Del)
14
Apr
3%
a57%
*
1%
•
Jan
19%
—
—
5
Railway
Salvents
Edison
Cons
Jan
May
15%
—
-15
Corp
.
a32
__
—„___5
—
Pacific
a5y8
13
Bethlehem Steel Corp———
Borg-Warner
.
Co—_——.——5
Co
25%
—
—.—3
Locomotive Works
Barnsdall
185
9%
a38
al60%al6iy8
'•'/"•-i"
Topeka & Santa Fe Ry—100
Co__——25
Goodrich
10
1%
Feb
6% May
Jan
1.10
a44% a44%
5
Graham-Paige Motors
:
lO1^
~4%
.
3%
9c
—14
(111)
Jan
y
29%
.
May
.
8% Mar
1c
100 al60%
Corp
70c
5%
1%
,
7%. Apr
1.10
9c
25c
& Tel Co—
74cJun
1%
.«
May
Apr
31%
Jan
12%
;
11%
Jan
Mar
39%
39%
—
7
10
Feb
Feb
r
"6%
''
1
20 % Mar
12
Jan
27c
2%
-
Jan
18%
May
2
_10
__1
_.
19
170
50c
.5 '
27C
u
__
4
2,784
57c
31%
"B".
Feb
Jun
18%
24%
~5
1
...
49%
43%
14%
700
$
class
Jan
Jan
18%
4,550
74c
•
2%
-1.
class B__
47%
40%
14%,,
Standard
common
Cooler
100
335
.10
65c;
72c
-
25
■
Walker &
47%
43%
Co.—
60c
72c
Jun
47%
1
61%
<
Feb
15%
—100;
Universal
1.25 Mar
a2iy8 a2iy8
Anaconda Copper Mining Co
Armour
Canadian
3%
-1
common
31%
•
Jun
Cement pfd——10
Viscose
Commercial
Jun
2.721
1%
Feb
Apr
7c
—
21% Mar
4
4%
Invest
16%
Stocks—
22%
'/
4
1%
common—
Jan
150
-25
Fix
Co
3% May
5 % Mar
common—
Axle
10
15%
95c
25c
Cons
Airplane
Jan
23
•lv 4%
Tivoli Brewery common
16 ya Mar
a49 % a49»A
Imperial Development
Borden
Jan
TO
—
Mar
17%
Jan
30c
.30
West
&
Mammoth
Boeing
4%
10
common,.
44c
Jun
11%
1,500
Chollar G & S Mng
1.00 Mar
2%
_2
Standard Tube
Feb
15%
2
6
Lines,
20 % Mar
300
,_# •
common-
30c
275
-
1,565
Feb
4.450
61
-i
Simplicity Pattern
250
40c
15 y8'
Jun
6,000
1,066
American
5%
common—,
_1
Mar
1%
8c
Jun
6% May
Jun
Jan
22%
19%
common
21c
95c 97%c
& Stan Sani Corp.——*
Smelting & Refining Co.—a38
3%
13%
10
common-
Jan
Jan
39c
Tel
33%
~1 %-
Jun
1%
4c
8c
American
9%
Jan
175
Jan
36c
California.-—25
Portland
Jun
9% May
600
40c
95c
American
3%
——50c;
common.,..
8%
60%
Jan
26,600
15%
Amer
21 % May
Jan
1,800
70c
common——.
1,700
Jan
1%
•15%
Jun
5%
—10
-2%;
—_
7%
24c
al5% al5%
1%
Jan
5%
4%
52%
....
12c
40c
33%
Jan
19%
-
882
,
Mar-
1%
__
20c
Jan
33%
common—
common—
Mtl
Preferred
a46% a47%
53
7%
Mar
99c
22%
—1
common
common...
Scotten-Dillon
Stearns
a46%
8% May
3%'
common—
(H W)
Sheller
12%
39%
•
5%
River Raisin Paper common,.,,
Union
100
5%
33%
3.
—_i
common——
r
Packard Motor Car
,
1,775
86c
—1
Corp__,—__
Parke,
Jan
•
International Tel & Tel
Sugar
Parker-Wol
Rickel
6 %
9%
21%
19%
.
Products-
Murray
10
13
,
"
common————2
Tube
Mid-West
Motor
150
100
pfd
common--,
Consolidated
Showcase
Atchison,
12%
Oil; common
Die Casting
Michigan
9%
12%
Atlantic- Refining
4%
common—„——1—10
LaSalle. Wines
McClanahan
Mich
of
Jan
20
1
com
60 %
12%
Calif
&
Jun
1.
common-—,—
Lakey Foundry & Mach
Michigan
1st
of
Co
15%
22%
common—
Mfg
&
Drug
60
9%
12%
Corp„
14
—
Car
100
43%'
Oil
Feb
5%
common—
—1/
Manufacturing common-—-2%
Houdaille-Hershey "B__
—_*
Motor
13%
-10
Co__„——
Jun
95c
Graham-Paige
Hudson
13%
Mar
_25
Pacific
14%
19%
common—^—
common
Jan
—
7% May
13% Jun
-25
Stores
14
10
Hoskins
Hurd
Jan
4
'
common
14 %
Apr
30
2,700
1
Calif Edison Co Ltd
100
9%
3|,
T-
common-
Jan
7
1
Corporation
Aircraft Company—
300
21%
:*.10,
common
Brew
Wood. Industries
Apr
9%
200
common-
Commonwealth
Frankenmuth
37
485
7
1
Oil
15%
__5
common
30
12%
7
■<
*
Safeway Stores, Inc.
Security Company
Sierra Trading Corp.
14
_1
common
common-—
Detroit Steel Products
Gar
6
.
Detroit
30
'
Oil Corp common:
Aeronautical Co
14
6%
5.
Detroit-Michigan Stove
30
11%
,
Richfield
15%
20
common
134
1
—_.u—
Republic Petroleum Co
15%
M
.
a46% a48%
Jun
—1
Public Service
13"
2%
common
Iron
Apr
.10c
common—
Pacific
14
l
common—
9%
,_10
preferred
13
—10
common—,
common
Edison
Detroit
1%
*
*
Drug
Detroit
7%
1
Machine—1_
Motors
Cunningham
8
1
common-———
Paper
Continental
Jan
May
-25
Elec
Indemnity Co
Lighting Corp
Cons
for Week
r
5
Adding
7%
73
Mining Stocks—
Drop Forge common—
Baldwin Rubber common
Products
&
1st
Black
Bower
Burroughs
1,250
Alaska Juneau Gold Mining Co__
Sales
Range
Low
Casco
9%
III
5%
Universal
Exchange
Last
common—
Jun
9
,
Ltd—...
Transcontinental
Friday
common——
24%
l
Taylor Milling Corp—
Transamerica
Corporation—
DETROIT
Defroil Stock
McLaren
12%
Jan
Jan
*
Co_
Pacific
Yosemite
Manufacturing
Jan
20%
;
1st preferred
Western
Brown.
9 V8
658
*
Co
6%
Weber
Briggs
65
550
*
Standard
Telephone: Randolph 5530
Bearing
45
70
—10
Occidental Petroleum Corp
Oceanic Oil Co——
Union
Roller
Jun
28% Mar
Chicago Stock Exchange
Ford Building
Atlas
22%
Feb
11%
2.50
Petroleum Co
Oil
Apr
25%
_iQc
Corp,
Sunray
21
50
24%
1
preferred class B
5%% preferred C—
New York Curb Associate
Jan
59
Jun
1.95 Mar
70
1
Southern
New York Stock Exchange
16%
Radio——1
6%
Members
Feb
24
Corp
Petroleum
Southern
Jan
15 y4
11%
A
—
Ryan
1.30
440
100
A
&
class
Aircraft Corp
Angeles Investment Co
Magnin (I) & Co common
Pacific
1,461
16
»
Los
Sontag
'
Stores
Gas
1.90
16
2.10
*
Co
Menasco
1.80
15% May
,
___•
—
'■
Lockheed
Solar
.
Corp„
Hupp Motor Car Corp
Nordon
Jan
1.80
—
Merchants
Jan
1.80
a27V4 a27%
Hancock Oil Co A common—.
Hudson Motor Car Co—
Lincoln
12 %
946
a21% a22%
General Motors Corp common.
Paint Corp common
Gladding, McBean & Co
Goodyear Tire & Rubber Co—
Oil
310
2.10
common
General
Jade
15%
2.00
America———
Metals
Sinclair
Watling, Lerchen & Go.
Corp
Feb
15
2.10
——
Packing
Investment
Pacific
Tire
♦
6Va
Jan
«
Machine
Leland Electric
4 Va May
Jan
A 00
Steamship
& Laughlin
Kelly Island Lime & Tr
Jan
Jan
18%
a23% a23%
m
preferred———_
Jones
*
2
4%
common.,
Corp
100
1,100
63
53
High
3%
5%
558
15%
Low
<,
3%
5%
Corporation— I-I2
Bolsa Chica Oil Corp_____„______
—1
Broadway Dept Store, Inc, com—
California
Range since January 1
High
1
285
15%
Low
Shares
Company
76%
-
75%
of Prices
._50c
Diamond
Fitzsimmons
Interlake
Corp—.
20%
20
20
—
Goodrich, B F
Goodyear Tire & Rubber——
Halle Bros
10
Par
Apr
6%
!
■
Sales
for Week
Range
Sale Price
Hiah
Feb
10
<
20
r_
& Rubber
5%
Week's
Last
a43% a44%
common
—,
180
*
13111b
Manufacturing
11%
104% 104%
1
—
Electric Controller
Low
80
al97/8 al9%
preferred-
Cliffs
Friday
6%
a50% a50%
—100
Angeles Stock Exchange
STOCKS—
Range since January 1
High
a4% >a4%
-— _
f)
*
Shares
11%
———
JUNE
Los
for Week
6Va
n %
ENDING
Sales
of Prices
Par
Akron
WEEK
Exchange
Week's
Range
Last
FOR
Co—
Corp
.10
*
Company—100
Transport—
5
a34%
15
200
a79% a80V4
190
al07% al08ya
100
15
a26 a26ys
80
33% May
13 y4
Jan
78%
Feb
108 y8 May
22%
Apr
31%
Feb
46%
Feb
33 y4 May
15 Va May
78%
Feb
108 Va May
24% May
THE COMMERCIAL & FINANCIAL CHRONICLE
2444
Monday, June 12, 1944
OTHER STOCK EXCHANGES
RANGE
Week's
Friday
Last
of Prices
Low
Par
United
Aircraft
United
Corp
Corp
5
—
•
United States Steel Corp
Warner
Bros
..100
Telegraph Co
Westinghouse Elec & Mfg Co
Willys-Overland Motors Inc
Woolworth Company (F W)
a46
50
High
Jun
21Va
52%
110
150
11%
Apr
14
125
42%
Feb
47% Mar
.99%
99%
215
'9%
—
11%
2,550
55
93
1 % Mar
53% Mar
Feb
Mar
99ya
Jun
Feb
11%
Jun
Jan
39% Mar
6%
37
Pitt
Fort
Lone
Fuel Supply
Fireproofing Corp
Mountain
National
Brewing
Pittsburgh
Preferred
#
Last
Range
Sale Price
,
Par
Chrysler Corp
45
7%
8%
5
—
Co
common
„
—
—
4c
1
5
1%
Apr
50%
Jun
76
95
Jan
5%
150
4%
50
41%
10
10
8%
45
Apr
May
10%
Feb
2c
Jan
7c
Feb
3%
Jan
5% Mar
6%
Feb
9% Mar
197
5%
23%
23%
Feb
157
4c
5
114% May
5% Mar
2,020
10
7%
Brake
'
41%
4c
1
1% Mar
Feb
21%
Apr
25% Mar
14,000
24
Jun
High
14% Jan
16%
156
Jan
18
Apr
34% Feb
2
75
133
5%
Jan
161% May
21% Mar
45 y4
8
Jan
St. Louis Listed and Unlisted Securities
Jun
May
225
7%
88'/a
65
78%
6
46%
14
41%
—
•
Battery
Electric Storage
411
309
86%
—
*
Prior preferred
——*
Delaware Power & Light (wd)_
13%
Pub
Curtis
Jan
Jan
1%
Range since January 1
Low
.
May
8% May
Feb
10
1
Springs.
Westinghouse Air
Shares
High
15% 16%
160% 161
19% 19%
45
45%
7y2
7%
7%
8%
—
160y2
19%
Tel & Tel
American
Steel
Standard
for Week
of Prices
Low
_
*
100
Baldwin Locomotive Works v t c—,—13
Bankers Securities Corp preferred—50
Budd (EG) Mfg Co common
*
Budd Wheel Co
„—
•
American Stores
Sales
9
41
41%
—5
Shamrock Oil & Gas common
6%
50c
300
50
5
—100
pfd
Feb
Apr
112% 114%
25
Mining—J
Toy
104
100
50
—-——
—
7%
200
1%
Jan
17% Mar
Jan
101
1,200
95c
1%
Apr
145
v
4%
Jan
15%
20
8%
8
95c
common
Pittsburgh Steel Foundry
Manufacturing
San
8
9
3%
80
103
8%
9
-10
High
Low
100
4
16%
102
-10
Gas
Star
Range since January 1
High
4
.100
pfd
Koppers Co
Ruud
Philadelphia Stock Exchange
STOCKS—
Shares
16%
Refrac—
Pitts Screw & Bolt Corp
Week's
for Week
Low
1
Brewing—
Walker
Harbison
Pittsburgh Plate Glass—
Friday
Sales
Range
Par
Apr
12%
a38% a38%
__
11%
1
10
26%
1% May
50% May
12%
—
Inc
Pictures,
110
52
5
Western Union
Low
170
1%
Week's
of Prices
Last
Sale Price
STOCKS-
a46 a47 %
„
—
9
Range Since January 1
High
26%
1%
»
(Del)
JUNE
ENDING
Friday
Shares
26%
—
WEEK
Sales
for Week
Range
Sale Price
STOCKS—
FOR
6ya
355
46%
42%
95
1,328
45
13V2 May
39% Apr
43
Feb
59%
61%
1,010
51%
Feb
61%
Jun
10% May
6% Mar
14y2
8% Mar
Apr
40%
Jan
88%
6%
Jan
Apr
46%
Edward D. Jones & Co.
Jun
Mar
5
Jan
Established
1871
4th St., St. Louis 2, Missouri
North
300
14% Mar
Members
General
—10
•
—-•
Motors
Navigation
& Light--—
&
Coal
Lehigh
Power
National
60%
—
Philco
Scott
Paper
1:
Mining
Tonopah
—
common
Corp
26
21
29%
30%
1,083
315
30 Va
8%
30%
130
8%
80
39%
40Va
54%
55%
5%
Jan
83
203
22
New York Curb Exchange
Jun
25%
Jan
27%
8%
Jan.
34%
V
Feb
Si. Louis Slock
Feb
Friday
Jun
Jan
43
Apr
60%
34 Va
1%
United
Century
Electric
Jan
Columbia
1%
375
1 % Mar
2
iya
90
1
1% Mar
%
31%
34 %
375
1%
13,132
1
Jun
18%
150
15
Jan
Falstaff Brewing
Jan
36%
\
•/
Allegheny
Par
Steel
Ludlum
Arkansas
Nat
Blaw-Knox
Co
Gas
Co
Byers
(A M)
Clark
(D
*
Candy
Columbia
Gas
Devonian
Oil
Electric
&
—
•
common
7%
10
8%
185
3%
—
Mar
Jun
12
27% Mar
3% Mar
9 % Mar
Jan
13
Jan
15% Mar
7%
Jan
3%
Jun
9
38
0
4%
267
18%
279
16%
Jan
18%
125
14%
Feb
16
Power &
Power
6%
preferred
preferred
AJax
Alberta
Pacific
Aldermac
Algoma
^Consolidated
Aluminium
Aluminum
Corp
Ltd
Co.
Canada
Anglo Canadian Oil
Anglo
Huronian
Aquarius
Area
Gold
Mines
Arjon
Gold
5%
pfd.-lOO
&
Candy
Supply common,.—*
17
common__25
Cement
1st
Dry Goods common
13%
__
.100
*
pfd
Louis Car
Louis Pub Serv
Scullin
130
15
15
Securities
i
—
Ltd
*
Ltd
I
Mines
11 %c
FOR
Aunor
Gold
1
3,770
27
I7%c
.
58
Janw
7%c
Jan
1.44
1,900
1.10
Jari
Inv
8
Electric
St L Pub Serv
25-year
Bank
of
Montreal
Bank of Nova Scotia—
Base
of
May
12
Mar
ll%
12%
270
9
Feb
12%
15
33
33
15
31
Jan
35
1st mtge
99%
99%
99%
97%
Feb
99%
Jun
62
62
62
60% Mar
66%
Apr
—1959
5s
inc——
conv
.—1964
JUNE
ENDING
Bathurst
Power
class
A
36%
76%
-
14c
Jan
Jun
Jun
May
Canadian
Building
Beatty
Gold Mines
Bunker Hill Extension
Range
Burlington
Caldwell
<■
Steel
Linen
__
Mills
Bros,
class
A
Shares
Bidgood
Kirkland
;
Canada Cement
99
Jan
Canada
99%
Jan
Canada Permanent Mortgage
Z100
•
Canada Steamship Lines common-
63c
3,600
6.00
1,765
81c
500
22c
15,700
11 %c
6,600
45c
16,500
6c
58%c Feb
5.75 May
46
10%
70c
Jan
Apr
Preferred
Canada
common
100
_
Malting
Co
Packers
Z.
Preferred
Canadian
17c
May
25 %c
18 %c
May
May
Jun
24c
Apr
8%o Jan
,;24c
Bakeries
28c
Apr
3.20
Jan
4.15
%c Jan
12c
Apr
Jan
23c
Feb
24c
May
May
148
157
Preferred
Canadian
_
of
Canadian
Breweries
Canadian
Canners
1st
Jan
New
Canadian
Celanese
Preferred
Jun
245
Jan
236
Mar
Canadian
14%
30
13%c May
16% Mar
Canadian
Food
Industrial
1.30
1.45
233,395
154
5
_
34c
--
35
152 %
154
144
151
9%
9%
25
9
30c
42c
374,499
45
45
30
1.45
2.45
Jun
Class
Apr
Apr
% May
157
Jan
_
British
Columbia
Class
Dominion
Brnulan
Rrown
Buffalo
Power class A
"B"
British
Feb
Cariboo
Jan
Castle
Jan
67c
Jan
50
8%c
8%c
9%c
2,000
6 %c Mar
10 %c
Jan
25c
24c
26c
8,500
20c
28 %c
Apr
Feb
For footnotes
12
12%
5,050
22 %
22 %
23%
5,160
21%
•
22%
21%
22%
1,380
21
21
22
Jan
Apr
Mar
Pacific
Gold
Central
Alcohol
see
10,600
5c
7,600
MinesZZZZZZZZ*
page 2447.
4.50
3.90
4.90
6,825
Jun
Jun
46% May
10
90
Jan
99
Mar
152
28
145
Jan
153
Mar
10%
250
35%
371
31 %
18%
21
21
15
5%
5%
615
93%
96
131%
132
7%
9%. Jan
7,550
'
12% Mar
Jan
35%
Jan
21
5%
Jun
Jun
Mar
5
May
290
91
Feb
96
Jun
93
128
Apr
136
Mar
5
Jan
•>
8% Mar
43
43%'
40%
Jan
45
11%
11
11%
160
8%
Jan
11% May
23%
24
280
22%
Jan
24
14
14%
375
12
Jan
14%
8%
8%
9%
865
8
Apr
27
120
24%
Jan
28
38%
135
35%
Jan
39%
38%
'
144
Mar
'
144
144
30
16%
16%
215
15
Jan
54
57
155
44
Mar
141% May
9%
Mar
Jun
Feb
Mar
Feb
150% Mai-
17%
57
Mar
Jun
140
5ya
Jan
6%
100
5%
Jun
5%
55%
55%
57
345
70c
70c
72c
6,120
60c
Mar
80c
Jan
10%
10%
11%
'7,436
10%
Jan
12%
Feb
1.50
1.60
500
1.90
Jan
91c
93c
1,700
Mar
1.15
Feb
__i
1.68
1.75
4,200
Jan
1.92
15c 15 %c
5,100
8%c Jan
21c
May
__1
_
_
29c
29c
1,100
17c
Jan
48c
Mar
1.20
1.30
8,450
1.51
1.51
200
1.57
1.77
32,740
Jun
2.08
12%
12%
265
11%
Jan
12%
Jun
105,078
15 %C
Jan
35C
Jun
20c
Feb
22c
_
Gold Mines
Ry
60
5%
•
!
1
—
—
Gold
—
Mines
Chestervflle Larder Lake Gold Mines __1
Cochenour
Mar
77c
7%
108
5%
Chromium
Cockshutt
7Hc
75c
Jan
27
Jan
1.50 May
57
Apr
Jun
Jun
4%c Apr
3.55
Jan
1.40 May
93c
,Tan
8%c Feb
4.90
Mining
&
Smelting
1.20
*
—
90c
1.62
1.20
Jun
1.26 Mar
1.72
Feb
Feb
1.65 Mar
Jan
Jan
Jan
43^
Jan
May
5%
12 % Mar
Apr
69c
gc
43%
5%
*
24% Mar
22%
3.00
60,875
77c
103
34%
0
A
Central Porcupine Mines—
Research Corp
24%
2%
1.25
1
97 *
6%
25
105
150
*
Quartz Mining
Patricia
19% May
2
1.14
•
Gold
97
2,235
•
10%
~
•w.—
__
Trethewey Mines
1.85 May
50
"
1.16
Corp
Ankerlte
12
•
*
Porcupine Mines. Ltd
Oil
11%
•
•
Jun
Mar
ZIZIZZZZZI*
Oil
46
_______
Locomotive
Canadian
10
1
corn
108
,
Chemical
Mines, Ltd
Brazilian Traction Light & Pwr
British American Oil
7%|:
7%
*
Products—
Canadian Malartic
31
43%
»
1 on
Canadian
30c
common-
_
Jan
1
Bralorne
Feb
Apr
7%
Dredge & Dock Co
B
Jan
21%
25c
9%C
7%
•
»
common
May
29%
May
1.70
26
232
'29
2.24 Mar
18c
6%c May
45%
*
230
1.70 Mar
11% Mar
1,360
95
common
Foundry
5
21,407
Apr
2,700
107%
preferred
10
1.97
Feb
10%
3,010
132
_
preferred
Canadian Car &
1,000
1.80
9%
23%
12c
Jan
Jun
% May
8
20c
5%
preferred
232
36c
4%C
1.80
7%
•
235
Feb
Jan
6%d
100
__
common
12c
13%
Jun
Jail
3c
20c
*
—
Commerce
232
Jan
50
—
—
_______
Bank
225
10c
10%
1.70
«
common—
Apr
1.04 May
ix
885
Jan
15%
Apr
58c
6c
9
9%
17%
6%c
20c
50
Canada Wire & Cable class B
10 %c May
May
4,800
10%
1.71
385
4%c
5%c Mar
7,000
8%
8%
High
Low
7c
17%
3%c
—
6.75 Mar
Jan
35c
6c
16%
•
;
1.09 May
55c
500
31,850
149
50
•
Jan
148
1.82
Range Since January 1
High
1.79 Mar
J an
8% Mar
6%c
—
88
2,433
'
Ribbon Corp. preferred
Bobjo Mines Ltd
Bonetal Gold Mines
Z—1
_____
96
4,100
Gold
Blue
»
Calgary & Edmonton Corp Ltd
Oils, Ltd
!_
Calmont
Camp Bird Mines
Low
«
pfd
70
18c
160
T_,_
2nd
346
17c
#
Telephone of Canada
Bertram & Sons '.
______
99
17c
1
Jun
for Week
*
Mines
91%
15c
1,35
Jun
Mai
Sales
Week's
of Prices
•
Feb
isc
l
Bell
•
Products Ltd
14%
Bear Exploration & Radium.
Beattie Gold Mines Ltd.
$600
9.000
Sale Price
May
5,966
.....
9% May
32
9
14c
3.85
.
9%
MARKETS
WEEK
21c
3.50
.1
5
8
Jun
10
Jan
3.80
«
Jun
8
25
May
75,600
———100
Mining—.—..,
15%
Jun
15c
93c
100
....
Toronto
Metals
5% May
10
common
common
Canadian
Bank
Jan
Jun
Jun
10c
16c 18%c
148
11
Feb
Apr
10
100
75o
_i.l00
95
15%
17%
14
130
25
2,000
79c
j
May
35
10,650
1
Mines
Bankfield Cons Mines
124
25
9%
__
LISTED
Conv
Bagamac
3
25
common
12c
l
Mines
Apr
12% May
126
15
20c
6c
16
20
13%
130
10
9%
——*
9%
1
....
3%
Apr
65
4,900
38c
6c
i
....
High
Apr
10c
11c
39c
Astoria Quebec Mines
2%
76%
19c
•
1
Aumaque Gold Mines.,
36%
81c
__
Armistice Gold
Ashley Gold Mining
732
5.75
5.75
1
17
16% May
BONDS
Jun
Range since January 1
Low
61c
Mines..
7%
10
common...—1
"A"
common.!
Baer & Fuller
Wagner
—10
common——..
Steel
98
98%
Apr
950
89%
•
common
of
Jan
18
17
Portland
Buffalo
High
2%
11c
16%
16%
19c
He
20c
___*
common.
Jun
Apr
16%
10
9%
1
•
Copper
Steel
7%
Last
1.30
1
Apr
Apr
13
6%
Friday
9%c
93/4C
6%
44
STOCKS—
Shares
76%
34%
»
Oil & Gas
of Prices
34%
100
Jun
919
Piping
Stix,
May
for Week
2%
100
lr/o
Acme Gas and Oil Co
May
5
'
Range
common—*
May
38
85
5%
15
5% Mar
Sales
Last
Abitibi
80c
Jan
5
Par
Week's
Low
Apr
14
com
Funds
Friday
Par
45c
35%
7%
Toronto Stock Exchange
Sale Price
100
365
14%
Prod
Jan
75c
38
Mar
16
RANGE
8TOCKS—
9%
5
12
75c
37%
„
•
5
Clay
St
High
Apr
CANADIAN
Canadian
Jun
8
12
common———,—20
St
Feb
3
18
18%
5
24%
16-
—
10
-
13%
8%
'
16
common
Rice-Stix
71
13%
*
Duquesne Brewing
8%'
Jan
6% Jan
Jun
Range since January 1
75
8%
—,
12
245
5
National
25
3%
70
8
—:
common
Missouri
Low
26%
3%
16
7%
5
Midwest
High
26"%
—
—
•
common
L)
Low
1*
*
common—
153/4
common—
McQuay-Norris
Shares
,-1
*
International
for Week
of Prices
13%
Huttig S & D common
Sales
Range
Last
Sale Price
Jan
5%
Hydraulic Pressed Brick common—100
Pittsburgh Stock Exchange
STOCKS—
Apr
11%
Jan
Steel
Apr
'5% Mar
5%
50
Jan
Laclede
7% May
30
740
Jun
Co
Feb
5%
common
Shoe
Jan
23%
13 ya
2%
,
6%
7L
5%
18%
Apr
High
Low
100
30
131/3
10
common
Hussmann-Ligonier
29%
-
—5
—
common
Laclede-Christy
Week's
Range since January 1
Shares
High
7-7
common——1
Co
Brew
Low
1
common—1_
Jun
May
1
Jan
Inv
Manufacturing
12
35
Key
Friday
of Prices
Par
Burkart
&
34
1
18%
Westmoreland
Sale Price
Jan
Sales
for Week
Range
Feb
54%
8TOCKS—
Exchange
Week's
Last
10ya Mar
1 %.
—
—
593
Associate
30% Mar
30%
38%
100
CEntral 7600
Bell Teletype 8L
Feb
Feb
29% Apr
% Jan
Mar
^
„
Exchange
Jan
25%
118%
29%
5
Phone
.
Chicago Board of Trade
Chicago Stock Exch,
Associate Member Chicago Mercantile
Jan
1
—
*
common-.———
33
33
11
"
St. Louis Stock Exchange
30% May
18% May
23% Jan
116% Jan
1,126
31%
__
preferred
——*
Gas Improvement—
*
Inc
———A—10
$3
5,321
5,217
29%
33
25
Preferred
United
20
24% 25%
117% 118%
—
*
1
25
.
:
;
Jan
2,179
New York Stock Exchange
American
Tacony-Palmyra BridgeClass A participating
Transit Invest Corp
4y2
5%
29%
5
28%
19%
—
*
—
Apr
__
*
common
Oil
Jan
5%
—
Reading Co 2nd preferred—,——50
Salt Dome Oil Corp
———_1
Sun
8%
297
29%
3
—
344
6
,
25
Corporation
9%
5%
5'A
28%
19%
24%
1
50
Philadelphia Electric Co common
•
$1
preference common
—_•
,4.4% preferred
100
Pennsylvania RR
pfd
9%
—
Pennroad Corp
Phila Elec Pow 8%
*
Jun
Coin
Willans
Plow
Gold
Mines—
1.65
■
Co
Lake
12%
31c
Commoil Ltd
*
Coniaurum
Mines
35c
1.57
Jan
Apr
20c
5
•
30c
1.37
20c
1.25
_
Coniagas Mines
,
1.28
300
1.15 May
1.42
Jan
1.35
1.38
3,140
1.35 May
1.70
Jan
2,000
Volume
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4289
159
CANADIAN
RANGE
Week's
Friday
Consolidated
Aircraft
Cub
15%
43%
Mines
43%
132%
133
94
1.40
2.00
27,700
60c
60c
85c
8,600
134%
Jan
Moneta
Moore
22
84
Mai-
91
Feb
125
21
May
23%
Jun
105
34
Mar
37
Apr
60c
750
51/8
.5%
30
Ijc 14'Ac
*
90c
95c
90c
60c
Feb
70c
Preferred
1
Steel
class
Dominion
Tar
27%
1,035
25
160
160
163
39
155
Feb
National
May
Negus Mines
Mar,
Nipissing Mines
Jan
East
24%
740
21%
Apr
7%
7%
555
7
Apr
439
9%
Feb
11
May
565
7%
Jan
11
Mar
10%
11
10'A
9%
10%
com—*
4%
4%
4%
——20
19%
——
Mining
Preferred
2.10
3.75
4.10
33
Jan
2.12
2,785
3.10
Apr
4%
127
78%
15
3% May
75
May
88
6'Ac
6%c
2,100
4%c Jan
235
Power
5%
20
50
Juir
24
23%
Apr
25
15%
Apr
15% Mar
52c
56c
33c
Jan
67c
89
89
100
94 %
94%
141/8.
#
8'A
'
89
Wares——L—
545
9
8%
'
.
•
\77
Jan
91
95
80
93
May
95
13%
14%
410
14'%
6.40
Jun
6.35
6.05
6.60
27,860
1.99 Mar
8 %C
8 %c
9c
16,500
5c
4%c
4%c
5c
5,500
21 %c
12,100
26c
2,600
Gold
Glenora
Mines
——
God's Lake Mines Ltd——
i-
20c
——*
Goldale Mine
—
25c
-1
5'Ac
1
Golden
1
Goodfish Mining ——
1
Goodyear Tire & Rubber common—_*
Preferred
;——.—50
Gold
Mines.
———
Gate
Mining——
Eagle
4c
9c
16'Ac May
23c
27c
7c
Mar
15c
7%c Mar
9,000
95
135
52% Mar
56%
2,000
3%c Apr
Lakes
Gr
Vtc
vtc
common—
3%
4
230
3% May
—
preferred.
Common
_
Gold
Gunnar
Halcrow
12%
5%c
22c
•
6,500
2%c Jan
24%c
7,750
17c
7%
1,315
4,500
22c
71/2
7
Alabastine
Mines———
III
6%c
6'Ac
...1
5c
4'/2c
5%c
262
:/■■/
Bridge
5%
—
20
35
270
v
24
24
Jan
12%
Jun
Jan
Dome
L)
170
5
Apr
6
Jan
120
6c
6c
7c
17,700
Mines.———-—
—-1
33c
33c
37c
122,300
Mines
Hedley Mascot Gold Mines——
—1
46c
50c
1,000
—1
63c
63c
500
38c
10 %c 10 %c
3,500
Mines
Gold
Harricana
Hasaga
——————
Jun
4%
Dauch
&
Jan
Feb
1.29
Class
Feb
9
33c
Jun
38c
41c
Jan
75c vFeb
Jan
68c
.
Hollinger Consolidated Gold Mines.
Oil—_—;
Home
.
Siscoe
Gold
Hudson
10%
2,920
3.05
3.20
3,945
4c
4c
1,000
3'Ac Apr
7,200
20c
2,405
26% Mar
11
Mar
20
11
Feb
20
Jun
30c 31 %c
29%
'
.
Class B
Huron
*
;
—;
Canada.
of
Inglis (John) Co———
Inspiration Min & Devel——
/
A
Nickel
International
International
Class
-
Co
Can
of
161
12%
Apr
11
11%
550
10%
Jan
7%
7%
245
6%
Jan
4,100
54 %c
Feb
11%
'
75c
75c
/
79c
22%
22
22%
102
101
102
102
100
102
29
29%
1,375
28
20%
20%
2,941
29
29%
100
20c
20c
3,500
17c
9,000
4,533
•
class
Utilities
B
72
21
4,411
*
A__
20%
:*
Petroleum
International
52
166
100
——^
Apr
13%
_*
A
common
Jun
166
13%
6
1
/
preferred
77
-
100
Metals
Preferred
40
170
May
3.05
13%
100
Oil
—————*
Imperial Tobacco of Canada ordinary_5
Imperial
International
20
76%
100
Bank
20
18%:
a
Erie
&
Imperial
30%.
18%
10
29%
,
————————-1.
'
970
Jan
Jan'
15
Jan
155
99
May
255
97% May
16% May
12%
Waite
Mining
Jacola Mines
J
\
-+]\.
M Consolidated Gold
Kelvinator
of
Mines——
Canada
Kerr-Addison
Gold
Kirkland
Hudson
Kirkland
Lake
30!
——jl-i—...
—4*! j,
-
Mines
9.25
Lake
Shore
14%
Laura
Lebel
Oro
Leitch
11 %C
.—
22%
B
6,750
670
(N)
11 %c
12c
9,750
92c
17'%
100
17Vb
Jun
2.24
5,665
1.84
Jan
2.26
Jan
2.15
2.27
1,225
Feb
1.20
1.27
7,800
2.08 May
1.20 Jun
2.47
—
1.15
1.28
3,400
6
35
92c
100
13%
1.73
.
Feb
7%
Jan
1.09
Jan
885
6%
Jan
2.32
Jan
725
81c
95c
25c
28c
15,777
11,200
4C
4c
4 'Ac
2,500
;
89c
8% Mar
2.80 Mar
8.25 May
75c
Jan
9,50
4c
45
45
25
8 %c
9%c
8,200
7c
Jan
6c
Apr
38
43
19,700
35c
Feb
64c
Mar
Jun
38
Jan
1.25
ll%c Jan
8V2C
May
100
Feb
May
Mar
6
1.64
11,600
26c
Jan
Jun
1.15
8'A
'
44% Mar
46%
Feb
12 %c
May
49c
May
60
134%
Jan
19%
19%
20
440
19%
Jun
21%
Feb
10
27%
26%
27%
1,175
19%
Jan
27%
Jun
263
270
150
138
,
139
199
142%
Feb
Feb
270
3%c
4c
6,000
3c
3.55
3.70
6c
8,064
1,500
3.50
6c
35c 37'%c
17,000
35c
_1
Jun
Mar
50.c
Jan
8c
May
5c
1,500
2%c Jan
1,300
90c
May
68c
16,240
65c
Mar
10
10%
850
11%
11'%
May
Feb
1.08
79c
Jan
Feb
10
11% Mar
Apr
8.75
9
9
55
Apr
11'%
9'%
Jun
9
35
36
210
25
Jan
38
Mar
22
19%
22
615
12
Apr
22
112
110
112
470
105%
Jan
112
59c
56c
60c
42c
Apr
69 c
May
56c
55c
59c
7,650
10,850
53c
Apr
77c
Jan
Jan
23
'-
1
•
21'%
*
Chemical
21%
3%c
3c
*
3'%
8,000
c
1.35
7,500
40
25
25
8%
20%
3c
May
65c
Jan
5c
Jan
Jun
Jun
Mar
Mar
1.40 May
19
Feb
25
Jun
13
13
115
10%
Jan
13
Jun
8%
8%
100
5'Ac
Jan
8%c May
175
—
•
8%
—_—
75
21%
1.33
1.35
0
Co
34c
90c
37
Feb
7c
65c
/„
Jan
3.95
Mar
5c
-
*
5c
Jan
5c
90c
,
t
Paving preferred
Radio
Jan /
4c
3.55
•:
1
25
25
25
23%
Feb
.*
64
64%
50
61
Jan
65
Feb
25
Canada
72 %
73
75
68%
Jan
73
Jun
common
Steep Rock Iron/Mines.;,——
<-
Jan
May
2.55
•
2.55
•
Sturgeon River Gold Mines.—
1 /v.!.-^'7'
Sudbury Basin Mines
4.1—*. 1
3.05 •
Sudbury Contact Mines.i.
Sullivan
31%
Jun
30c
Jan
Jan
24c
20c
19c
•
6,700
3.05
3.20
5%c
1,500
13,175
5,115
1.62
2.25
16
.1
3.40
3.40
3.55
*
9
.
--
.
/
.
4,148
5
100
/
...
95c
95c
95c
*
Preferred
26
24
26
,
53
54
V
100
100
100
.50
General
Toronto
Trusts
-.100
Co
65
9
110
1
common..
85
9
110
100
Elevators
1,235
•'ft
1.72
2.15
common
Preferred
31,850
5%c
15%
J
—_*
——
Apr
2.65
—
1.65
1
Mines. Ltd
Tailors
Top
,
r
1
Mines—
Cons
Sylvanite Gold
Tamblyn Ltd common
27
May
2.04
15c
20c
May
2.05 Mar
4'%
3.20
Jan
1.60
Apr
1.84
2.47
16
Apr
3.20
3.85
Apr
Jan
88c
11
Jun
8%
110
112
1.15
May
24
Jun
22
52%
42
85
Jun
Jun
7% Mar
Jan
1.06
15
25
v.
2.71 May
Jam
Apr
Jan
Apr
Jan
Jan
Apr
Jan
30
Jan
Apr
54
May
Jan
100
Apr
Exploration Co
1
—
21c
23c
5,508
15c
Mar
24c
May
May
6'Ac Jan
Transcontinental Resources
*
47c
47c
53c
16,300
40c
Mar
54c
Apr
40c
United Corp:;class A
Feb
Union Gas Co.
7%c Jan
Jan
Jan
16
May
10
Feb
4c
19c
Jan
May
Feb
May
Class'
class
Oils
A
2,000
750
4%:
2.40
2.54
9.45
16,930
11,478
Jan
17%
Jan
*
—
Ltd
Mines,
Worts
&
9%c
8%C
9%c
46,500
-
4.95
4.80
4.95
2,725
•
58
58
59%
1,275
21'A
20%
——1
—
Waite-Amulet
15c
30
5 %c
9.10
Walker-Gooderham
Jan
34%
5'Ac
1
2.49
_———9.25
Apr
Jan
34%
—
*
Ventures, Ltd.
Vermilata Oils
Jun
Mar
120
Upper Canada Mines Ltd
1.46
6.45
10
14
4
2.05
16
955
v
25
r
4
L.
United Steel
Jan
May
: ./;/• 25
14
50
——
....—_—
7%
7%
—
...—*
i.i.
United>Fuel
United
.4
—
B
com
Preferred
■
Western Canada Flour Mills com.—._*
..100
Preferred
—
14%
14%
3%c
3%c
1.07
1.12
1.01
1.00
1.06
Jan
Winnipeg Electric common
Preferred
25%
25
25%
359
21%
Feb
25'A
Apr
23%
23
23%
Wright-Hargreaves Mines
1,250
22'%
Jan
24%
8%
Feb
Apr
27%
Jan
12
Jan
16
Feb
Jan
38
32%
'4 %
>
Feb
7c
Jan
5
May
c
3% Mar
Apr
1.96
Jan
2.55 May
6.00
Jan
9.75 May
8%c
Jun
4.50
57%
19c
Jan
Feb
5.30
63
21%
387
2,750
4%
4%
100
84
85
60
75
16%
560
15
Jan
16%
13c
22,400
4c
Jan
20c
6
470
5T4
Jun
85
Apr
1
6%. Jan
24%
25C 26 %c
26%c
—
Wendigo Gold Mines
1.10
—:
1.15
Jan
92c
1.15
20
Feb
6c
Mar
Jan
2.05
>
•
_•
Toronto
Jun
83c
Feb
10c
17'%
8.90
Petroleum
Jan
5.70
1,650
92c
2.17
2.60
Co
23
14
43c
Jun
8
Mines
Apf
14'%
7%c Jan
Jan
7c
8.70
—
3%c
Ltd—
Mines,
Little Long Lac Gold Mines Ltd—
Lobiaw Groceterias class A—
Class
535
6.10
3%c Jan
28c
2.45
Toburn
Jan
16%
65,500
40,800
35%
Jan
10%c
15%
8c
39C
»,
A
31
80c
15
Jan
7%c
65c
Apr
1.17
5.70
Jan
1.15 Mar
35c
90c
14%
Mines..—
Gold
,,
Mar
1,45
4%cMar
'
8'% May
Jan
16'A
15%
99
6%c
*
Teck-Hughes Gold Mines
1.51 May
1.07
Jun
7%C
—50c
Tip
80c
Jan
Jan
93
___1
Preferred
12'A Mar
87c
Apr
1,500
3,760
1,500
3c
68c
—.
Standard
79% Mars
169% Mar
8.75 May
17,400
;
1.29
Jan
Jun
35c
Brothers
1J/4C
23,800
5.70"
Malartic
of
30c
15c
1.20
53c
Mar
6'%c
■.«
^—__—_._._100
Steel
90c
1.40
I
1
Mines—
Stedman
6,000
2.05
Ltd
Cadillac
160
'
Jan
7,425
1.70
Mines—,
Gold Mines—.—
Secord Candy.
Lapa
7,500
14,900
95
!*:
Jan
70c
1.26
——
Lang & Sons
80c
common..—
class
33c
97c
1.90
—
Dairies
30%
60c
14c
Mines.
Lamaque, Gold
3 %C
Mines——1
Gold
Standard
14
100
1.32
Mining & Exploration-
Lake Dufault Mines Ltd
3c
25 %c
2.50
——
5c
8,301
Jan
93
4
Mines—.
20c
314
'
70c
May
75c
—
Apr
Apr
40c
314 c
1
Mar
Jan
1,000
112
1
103
.3c
42c
Jun
1
103
23c
Apr
112
Mines—
Jun
:3%c Apr
Jun
1.95
20
Mining.
22%
2,000
5%
Jan
1
i
19%
7,335
Jan
1.37
*
Mining
May
5c
93c
93c
—
5%c
-.t.t28c g 30c
5c
d4%c i
3c
nat.3c,;
16
iq/16
9.50
1(9.15
■,'i
Bay Mines..
—
,/
Feb
4%
33,160
112
i.—
Gold
Towagmac
15c
j
Kirkland Townsite
Labrador
.;•?
t»j3Mc
-4
—
Mines—
Jellicoe
%A
————_
Mines
Jason
15
Co..
69c
210
112
Standard
Jan
3.70 Mar
<■'.
Jack
Apr
5%
1.80
92c
Springer Sturgeon
Jun
30%
1
*
Mines
Bay Mining & Smelting
Jan
45c
5'%
41c
...
South End
Mar
10%
Hunts Ltd class A
■
13c
3.05
15'%
Jan
109% Mar
MineS Ltd.
Gold
Ltd
B
Sladen
Apr
10%
„5
—
Homestead Oil & Gas————1
Howey
10%c Feb
Apr
87c
1.64
__
1.70
_•
Preferred
Jun
16
25
17c
Jun
Jun
Preferred
Simpsons
16
Paper Co——
Gold
Creek
Slater
10 %c
Highwood-Scarcee Oils—
Hinde
500
46%c46%c
__
4%c Jan
62'Ac
92c
common_.„_
Gold
Silverwoods
May
—1
Gold
Harker
Sheep
Mar
100
83c
2,700
8,904
105
preferred
Gold
River
Shawkey
Jun
167
5,900
14c
67c
__i
Senator Rouyn, Ltd
Jun
119
87c
13c
62'Ac
10
Mines
Sigma Mines
84c
Feb
13c
63c
1
Antonio Gold
9%c Mar
861/2 c
11 %c
4,500
—
6%c May
Mines———
Rock Gold
Hard
4'Ac Jan
100
Anthony
San
Sand
May
7%
5%
;
119
5,000
_♦
Industries
2%c Jan
1
7%c
1
5'Ac Mar
119,500.
-100
Theatres
5%c
28c
,
Apr
7%c
_
1.71 May
106
Mines
Sherritt-Gordon
preferred----.
Hamilton
St.
5% May
Jan
6%
Feb
56'%
Mar
May
3% May
19% Jan
Mar
2.80
Jan
_1
Preferred
Jan
11
:
35
/..
6%c
Mines———
&
Gold
Hamilton
24
4%c
1
—1
Ltd—
Mines
Swayze
Halliwell
4%
12%
Gold Mines——
Lime
Gypsum
22%
24
a———
—
Grull Wihksne
22
3%
-
—.;——
.
Greening Wire
22'A
.
——u——
—-
Preferred
6%
Jan
48%
6
Royalite Oil Co
Russell
Jan
1.89
1,081
1
Royal Bank of Canada
6%c May
59 %c
2,520
—
Jan
54
Mar
45,225
l
Rouyn Merger Gold Mines—
5'Ac
Jan
180
35c
Roche Long Lac
5'Ac
1
Feb
15%
Jan
1.6O
—_1
Jan
53%
—
Bousquet Gold Mines—.
Graham
13% May
160
32c
Mines of B C__
(P
Jun
2,25
1
Mining Co
Robertson
9c
20
Apr
55%
Electrotypers—r*
Jan
5c
Feb
May
55
1
Mines
90
l%c Jan
84%
Feb
8c
18
Apr
1.41
—
Gold
28%
2.10
l
&
East
Jan
15,600
3c
90
«
2%c Jan
10c
2c
90
25,800
Feb
106
Mines.
Preston
Quemont
27%
Feb
Mar
.
_1
Gold Mining Co
Metals
Reno
12
34c
Mines
Queenston Gold Mines
Jun
53%
Jan
>
•
Proprietary Mines
May
J>n
15c
Jan
9%
1.45
__■»
Mines—
Gold
Pressed
.1
Apr
5'Ac
9c
2c
3%c Feb
8c
Gold
Engravers
Premier
46%
2.10
100
—i
Malartic
Power Corp
12 %c Mar
Jan
1
Feb
May
22%
80c
preferred
Rouyn Gold
Voting trust
Jun
—1
626
175
83%
57c
Apr
106
Powell
Jun
—1
15%
175
«
Pioneer Gold
May
Feb
15 i/a
Refining
Pickle-Crow 'Gold
9% Mar
Apr
84
11%
100
Jan
Mar
1
Products
&
Gold
Photo
May
35
Giant Yellowknife Gold Mines——. —1
Gillies Lake-Porcupine Gold-
Perron
Jan
60
22,600
500
74%
50
Debenture—
Cadillac
Partanen
May
1,100
15%
100
—
&
Paymaster Cons Mines Ltd—
Feb
24%
•
9c
18'%
1
Porcupine Mines Ltd
Pandora
Jan
4
19
—
preferred
Pamour
Jan
24
52c
common
Pacific Oil
May
34
15%
Mines
9c
18%
*
Page Hersey Tubes
7%c Mar
3%
19 '
85
—*
...
Omega Gold Mines
Steel
27
24%
28'%
preferred—5
Mines—.
Ontario
3%
*
class A
27%
1
Ltd
Okalta Oils common—
4.30 May
May
—
•
Mines——.,
Gold
Jan
265
100
preferred.^—
Ltd
General Steel
1.66
;
Loan
33%
—-•
5% preferred
5%%
25,800
3
1,200
55
Canada
O'Brien
Mar
1
—
Corp
Ontario
32%
6%c
550
11 %
1
12%c Jan
77%
—1
53'A
10%
—
May
19
5
—
North Star Oil
May
32c
Jan
May
Jan
52%
10%
_100
—_—:
Northern
Jun
7c
...A,
Mining
Feb
9c
31,300
531/4
—
Pacalta Oils
Co
Gold
Gatineau
1.95
100
of Canada
Francoeur
2.05
19%
Jan
Trust
Normetal
Jan
5%
Jan
11
500
8%
4
Mining—.—
—
Fleury-Bissell
Co
28c
8%c
•
Fleet Aircraft
Ford
23c
8 %c
1
———
Foundation
23c
8%c
common————
Kirkland
3%
*1,868
3.75
Falconbridge Nickel Mines—.;—
Fanny Farmer Candy Shops
Federal
19%
*
.
Grain
-
135
1
—
Eastern Malartic Mines-
Federal
18%
7
1
Co
Oil
Crest
24
7%
10%
18%
•
Norgold Mines
25% May
24%
common—*
36c
2,509
—
.Nordon Oil
Mar
163
*
r—*
Preferred
29%
25
Chemical
&
9,300
Noranda Mines
42
Jan
25
50c
22'A
80
———_25c
Pipe A-
5c
•r
May
B
Woollens & Worsteds
Duquesne
33% Mar
Petroleum
Jan
2%c Mar
-
25%
Stores
Dominion
Dominion
100
26 %
& Steel com
Dominion Foundries
Dominion
500
39
-*
——
Bank
Dominion
4c
38%
.—100
Ltd
Mines
Dome
4c
•
Mines
80
470
Jan
24c
Apr
20%
—-20
Sewer
15
21%
47c
2.15
May
*
common.
—
1.02
Jan
"
Nickel
Denison
Distillers Corp—Seagrams common
Co Ltd
National
25
18%
High
1.75 May
20c
•
Power
common
Grocers
National
Jan
100
1,200
•
&
National Steel Car
18c
Mar
12c
7,766
5,500
5%
Corp
18%
—
1
Light Heat
National
Apr
90c
Feb
5
Knitting preferred-
Montreal
Loto
2,750'
20c 20%c
*
common—
1.88
Range since January 1
High
1.83
1.87
l
Porcupine
Jun
86
37
Containers
Monarch
Jan
85c
Jun
23%
36
——————1
Modern
—I
;
Shares
Low
_»
Model Oils Ltd
2.00 May
1.15 May
60c
86
60c
—
——
128
22%
5%
Petroleum
Delnite
1,290
Feb
Jun
15%
Jan
133
common
Davies
Jun
1.43
———.———
Corp
14%
38 %
of Prices
Par
Mining Corp
Sales
for Week
Range
Sale Price
High
235
*
Exploration———
Rights
Corrugated Paper Box pfd—.—100
Cosmos Imperial Mills
—*
Crow's Nest Pass Coal
i.
100
Dairy
Low'
100
(Toronto)—
Consumers Gas
Conwest
& Smelting——_5
Mining
Last
BTOCKS-
Range Since January 1
High
14%
43%
Week's
Friday
Shares
43%
*
Bakeries
Consolidated
ENDING JUNE 5)
for Week
Low
Par
MARKETS
LISTED
WEEK
Sales
Range
of Prices
Last
Sale Price
STOCKS-
FOR
2445
20% May
23c
4%
Apr
Jan
May
Mar
21% May
26 %c
Jun
Apr
6% Mar
Jan
94% Mar
Apr,
250
...
13%
Jan
15
2c
Jan
6 %c
1.03
2,000
7,450
10,875
Apr
90c
;
Jan
1.27
1.24
May
Jan
Jan
common
Ltd
!
*
Wiltsey-Coghlan Mines
—1
Westons
16%
.
ll%c
11 %c
*.
100
6
5%
64'%
63%
65
170
60%
Jan
—_•
3.20
3.05
3.20
7,741
2.95
Jan
39
39%
—
Jun
May
7% Mar
69%
Apr
3.50. Jan
Bonds—
Macassa
Ltd
Mines,
I
3.55
3.55
3.65
4,140
3.40
Jan
3.95
Feb
MacLeod-Cocxshutt Gold Mines
1
2.38
2.19
2.41
9,953
2.12 May
2.55
Lake
1
1.80
1.75
1.85
23,500
1.60
Jan
2.04
1
3.65
3.60
3.85
Jan
3.95 May
2 %c
18,450
12,500
3.35
2C
8%
-8%
5%
5%
14%
15
140
6c
7%c
4,350
8%
8%
8%
665
7%
Feb
25%
21%
820
19%
Jan
7%
7%
7%
155
fi%
Apr
105
106
110
$3,200
29
Jun
33
Feb
Jan
Madsen
Red
Gold
Malartic
Gold
Mines
Fields
*
Manitoba & Eastern Mines—
Leaf Gardens preferred—.—10
*
Maple Leaf Milling Co commonMaple
Preferred
4
—
1 %c Mar
3c
__
———
10
7%
Jan
10
Toronto Stock
Feb
5'%
Apr
7
Exchange-Curb Section
Jan
13
—
Feb
Jan
100
■
Uchi Gold Mines 6s
Canadian
Funds
'
Feb
15'A May
4%c Apr
9%c May
.*
•;
:..'■
Week's
Sales
Range
Friday
.
for Week
'
Maralgo Mines
1
Massey-Harris
s
common
Preferred
McColl
Mclntyre
_
__
McMarmac
Gold
5
_
Gold
For
40c
1
Mines
26 %c
20c
footnotes
see
♦
Gas
paee
—
.
?4<J7.
59
445
1.41
5,700
35C
26c
4C
2,500
43c
102
Jan
15c
13,330
5,500
180
41c 48 %c
60,500
Feb
61
1.34 May
?%c .Tan
7c
6
Jun
Co
J°n
Consolidated
30c
May
27c
May
8
59c
Apr
May
Vinegars———
Consolidate'1
Dalhousie
r>s«T-,o-
Paper
P"ess
A
——*
—"■
-*
Low
1.85
High
Jan
12'% Mar
1.40
Apr
1.95 May
35
25
28'%
Apr
37% May
9'/a
6'A
135
8%
Apr
10
5'A
Jan
11%
50
33c
310
31c
2,800
13
13
15
?r
*
—
1.75
5'%
I
9
6
11%
11'%
,
Range since January 1
25
'950
10
35
—
6
*
Shares
Hioh
9%
—
-
*
__————-
uCulOn
Doriiinion Bridge CoOil & Gas
Foothills
-L
—*
Corp
Oil Co„———
C'n'ist-
—1
100
Preferred——
5%c
Apr
__
common—_—
Canada
55c
Low
fflncn,' A
Jan
Jan
19%c Jan
Brown
■
of Prices
Sale Price
Par
-
;T.,rt4V T
1.56
Mar
Jan
STOCKS—
May
55% Mar
28c
21c
8%
Jun
35c
7%
22
Last
Jan
106
58,630
?0c
9'%
Jan
42c
7%
»
—
♦
&
58
3 'Ac
1
Mines
Oil
22
1.35
1
_
Mercury Mills
Mid-Continental
58%
Mines
Lake
Graham
McWatters
Mines
Mines
Red
_
__
Lake
Ren
Gold
•
common
Porcupine
McKenzie
McLellan
McVittie
20
Frontenac
Preferred
_
1.10
1.10
0,71
•
1.15
2,827
30c
75
„
915
900
Jan
6% Mar
n
May
I
24%
Jan
1.05 May
41c
)
>
Mar
<)ctU
20
1.45
Feb
CANADIAN
RANGE
MARKETS
LISTED
FOR
Monday, June 12, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
2446
WEEK
ENDING
JUNE
9
Low
Week's
Sales
Last
Range
for Week
of Prices
Sale Price
STOCKS—
Smith
Howard
1
*
International
Paper Mills com
*
Osisko Lake Mmes_
Oreille
Pend
—
Metals
&
Mines
^50
1,000
-
45
5
22°
1.50
22
o'nP/?
9c
—
—
Mining
Temiskaming
50
20
4°
1-46
a
Southmount Investment
90 A
45
--
J3
10c
3,050
%57
2,500
90/4 Jun
May
18
Winnipeg Electric common—
High
J3
Hi/
90 A
21
^un
r&n
22c
1.43
22
—'
Range Since January 1
Low
^
J3
—
—100
1
preferred
Silknit
Ontario
>
—
———100
Selections
Oil
—
Paper preferred—1—;—
Langley's Ltd preferred
13
1
90 /*
18 /s
—,
Shares
High
Low
Par
Products
Hayes Steel
Par
3/aC Feb
45
Jun
^an
Preferred
*Iun
1 31 Apr
Mar
20c May
25c Mar
8c May
Last
Par
89
98
pfd———50
20
*
Associated
Breweries
———;*
Bathurst Power & Paper class A
*
Bell Telephone Co of Canada
100
Brazilian Traction Lt & Pwr
•
Brit Col Power Corp A
*
Corp
ploco
336
98
55
49
1
20
20
22%
355
154
186
22%
23%
2,469
21
21%
170
1.75
3
2,430
8
8
8
55
108
8%
—-100
Canadian
*
*
_*
25
*
Ind
Canadian
Alcohol commonLocomotive
Canadian
Pacific Railway
—
5
*
Mining & Smelting--
Glass
Cork
^
—
-*
•
•
Seal Co
&
Distillers Seagrams
Dominion Bridge
common
—
26
145
8%
974
8
Steel
Gurd
Preferred
203
May
Investments Ltd—*
11%
11%
7 7© pfd—_100
Trust———*
80c
Canadian General
1
Invest
Co
•
Alcohols
Advert
Jan
57 72
Jun
Jan
1274
Feb
David
12%
12%
10
11%
Jan
43%
123/4 Mar
& Frere,
43%
575
39
Jan
41%
Jun
Dominion
Oilcloth
30
25
273/4
Jan
30
May
Dominion
Square
34
25
293/4
Feb
34
May
39%
200
^3% Feb
413/4 Mar
Donnacona
27
328
233/4. Jan
2 8 3/4 Mar
Fairchild
112
5%
364
350
24%
24%
13
Jan
14
———"
72%
72%
721%
50
68
Apr
74
Feb
158
158
10
154
Jun
>8
8
215
8%
8%
25
8
May
*
15%
15%
15%
190
143/4
Apr
_•
9
9
9%
247
8 3^
Jan
88
13
*
137/a
13%
14
1,687
—100
110
109%
110
1,434
86
85
Jan
11% Mar
108%
Jan
2572 May
120
May
8%
May
158
-
8
Jan
Jun
34 Jun
93/4
16
97a
Ltd
Freiman Ltd
Jan
MacLaren
Jan
Maple
&
Power
90
Apr
14
Jun
McColl-Frontenac
Jan
Melchers Distilleries
Co Ltd
Massey-Harris
Oil
Montreal
10%
10%
90
10 7a
Jun
12 74
Jan
17%
17%
1,475
13%
Jan
1734
Jun
Noorduyn
25
106 % Mar
30
30y4
1,110
26% Mar
30 3/a
Jan
13%
13%
13%
2,469
123/4
Apr
14%
Jan
Provincial
11%
11%
11%
1,055
10%
Jan
Feb
Power
67»
Co„
Transport
24
Mar
100
Jun
J
31
Jan
Southmount Inv
Mitchell
(Robert)
14%
Apr
19 7a
Jun
United
Corporations
1,185
193/4
Apr
223A
Jan
United
Distillers
251/2
646
20
Jan
273/4
Feb
Cottons
Montreal
Telegraph
109
17
106
Mar
25%
110
23
Jan
26
Feb
Walker-Gooderham
15
15%
1,405
i3
Jan
16
Feb
Western
14%
14%
25
13%
Jan
143/4
Jun
3
Apr
3
8%
1,505
8
Feb
9%
Jan
7%
7%
210
8 %
Jan
49%
49%
100
Co
21%
common
Corp.4
Niagara Wire Weaving
Mines Ltd
35%
*
:
15%
20
55
20
22%
20%
10,858
16
126%
183/4
Jan
Jan
Apr
50
Jan
24% Jun
132
22 74
May
Jun
36
6
35
Jan
37
May
21
60
20%
Apr
24
100
13%
Feb
15
Mar
14%
35
36
360
Jan
36
15
15 Vz
2,210
13%
Jan
15%
20
115
15%
Jan
22
20..
33
Walkerville
Limited
Brewery
Can
Jun
55%
55%
451
48%
Jan
56%
26
310
23%
Feb
267a Mar
Apr
Mills
—100
163
162%
163
21
Feb
170
Steel Products common--—*
15%
14%
16
740
13%
Jan
16
5%
4%
5%
559
4y4
Feb
Ottawa
Electric
25
25
3
Ottawa
L
—■—-—-
Price
Corp
Power
Tubes
of
—*
TOO
common
„
Preferred
Class
St
Corp
Flour
Lawrence
Sherwin-Williams
Hills
Canada
Steel
of
Steel
of
Canada
com
Wilsils
Steel Products Corp Ltd
Western
98 3/4 May
*
12%
12%
.
371
12
Jun
May
7 74
14
874
Mar
Feb
Feb
8
50
21
Jan
23
Feb
12
5
9
Jan
12
Jun
101
101
25
100
Feb
103
Mar
2%
14
30
22%
12
101
8
22%
3
630
14
14%
585
7% Mar
2% Mar
13
35
32
137% 137%
33
51%
45
135
51%
405
33
51
14
33
4674
142
147a
1,091
16
*
Mines—
16
10
15
142
142
37
128
Apr
Apr
Jun
Apr
15%
33
Jan
Jan
Apr
*13772 May
53
Jan
16
Jan
Feb
16
Jun
Feb
142
Jun
13% May
8%
3V2
.
.
,
Jun
11
Feb
Feb
65
Jan
Astoria
Bear
Quebec
Gold
Beaufor
-
Mines
Bralorne
East
Malartic
Addison
Kerr
Cotton
Kirkland
Gold
Labrador
Red
Madsen
Pato
Cons Gold
Perron
Pickle
Red
Gold
SLscoe
Gold
Jan
53
Jun
Anglo-Canadian
85
Feb
92
Jun
Dalhousie
see
paee
2447.
17
Mar
X
1874
91%
Jan
100
May
102
35%
Feb
39
8
50
Feb
8
Apr
May
22%
25
94
94
105% 105%
23c
Sullivan
2274
10
92%
36
Jun
10472
16,831
Feb
Jan
17c
May
23% May
95
Feb
106% May
30c
Mar
14
50
Apr
15
Feb
27a
25
272
Jail
3
Mar
2
41
2
Jun
572 Mar
13
3%
61
1.75
Jan
5874
583/4
IbU
573/4
Feb
63
Mar
83%
83%
15
8374
Jun
87
May
25
113/4 Mar
13
Jun
3%
13
£,V
13
3% Mar
-'
-
15c
Jan
2072C Jun
20c
20c
6,900
27ac
2 VaC
9,500
'2c
Jan
3%c
170
17c
1,000
17c
Jun
17c
1.40
1.40
10O
8 VaC
8 7aC
9,000
6c
Jan
9c
20c '•
4
C*,
1.10 May
Jan
Jun
1.40
Jun
Jan
40c
1,000
40c
Jan
64c
Jan
8c
8c
1,000
4c
Jan
lib
Feb
12
12
1174
Jan
12
Jan
4VaC
40c
i
02
kr-'
1
450
200
2 VaC
Jan
5%c
6c
3,000
2 V2C
Jan
8c
11c
1
12c
2,000
8c
Jan
12c
.
.
Jan
2.08
2.08
500
1.75
Apr
2.08
Jun
4
A'"
4-
500
3.25
Apr
4.00
Jun
3c
3c
"
*
Jan
Mar
38c
Jan
67c
iy2c
Jan
3%c
Jan
3c
Jan
14c
Jan
1——1
9.20
9.20
700
54c
2
9.20 Mar
May
9.95
Feb
14 V4C 14 %c
700
4%c
Jan
18c
May
1.80
1.80
500
1.55
May
1.80
Apr
6.10
1
*
*
6.10
Jun
300
6.30
Apr
1.75
1.75
100
1.73
Jan
1.88
Jan
3.78
3.78
400
3.40
Feb
3.90 May
*
20c
20C
500
Corp
1.40
1.40
100
68C
68c
3,500
Ltd
—;—._1.
Mines Ltd—
Mines
Cons
Hargreaves
1,500
: 100
95c
95c
200
6
Ltd
1.38
Mines
Ltd
Jan
1.95
10c
Jun
Apr
Feb
4.15
Apr
May
1.06
Jan
2.18
2.18
Jan
2.25
7%c
75c
7 V2C
1,800
4c
Jan
9c
Jan
5c
5c
6,500
3V2C
Jan
8c
May
66c
2,000
66c
'*
500
2.00
60c
6,000
1,500
56c
.60
Jan
Jun
.
72c
Jan
Mar
42c
56c
*
Jan
s
Jan
90c
56c
1.
Jun
80c
Jan
7c
55c
1
,1.40
May
3.40
66c
1
30c
Jun
1.40
65c
1
Ltd
Apr
17c
_1
Ltd
Mines
55c
1
—1
5,000
8c
4.15
1.68
_*
Ltd—
1.80
8c
4.15
_*
Teck Hughes Gold Mines Ltd
Wright
7
1
Sladjen-Malartic Mines
50
15
55
36
Mines———1
Gold
Mines
11
17%
*98%
2,500
Shawkey Gold Mining Co Ltd
Sherritt-Gordon Mines Ltd—.
150
17%
Apr
Feb
5%
3,057
Dredging—;
Gold
92
*
53
Jan
1
Gold Mines Ltd
Crow
Crest
53
130
Jan
4
.
1
—*
O'Brien Gold Mines Ltd
:
1
Pandora Cadallic Gold Mines Ltd—1
Mining
92
Feb
4672
1,800
Mines
52
103
75
Mar
3c
McWatters Gold Mines Limited—
Negus
Normetal
Jun
15
Apr
52%
8%
1.60 May
55c
Ltd
Mines
95
130
32
Jan
7 V2C
—
Lake
Jan
130
Apr
1.25
V2 C
Goldfields
Malartic
78
100
preferred
2874
15
—*
Gold
Lamaque
15
53
15
7 72 c
Ltd—!-!
Rand
125
*
com
283/4
{y!■'
.—1
Limited.
Mines
630
*
Groceries Ltd
105% Mar
Jan
1
Mines Ltd
Gold
95
Apr
Jan
774
'
58.74
83^4
ff
Joliet-Quebec Mines Ltd
10
43/4
22% May
10372
It-''
4'/8
10
Jan
40
192
2
•IIIII
95
Feb
193/4
105
8%
1.60
14
———1
Ltd_
Mines
10
Jan
865
105
22c
1
Mining Corp Ltd
Century
41/8
37a
22
Feb
Jun
98
•
'
10
5 74
Jan
18%
8
1
72
.—100
35c
15%
1672. Jan
36
1
L
72
*
common—.—;
317a May
Feb
.
y~
.
1
25
72 7a May
>256
13%
—1
25
Jan
May
Jun
18
200
L~
}■
—.
Mines Ltd
230
69
Feb
17c
Jun
Jun
27a
.
!
Exploration
91/4
135
Jun
Jun
2?a
15%
'
.-____*
Mines.:.
4%
.
Jan
217a Mar
-
*
64%
63
90
274
Jan
.
■/-
—•
Mines Ltd.—
8%
8%
Jun
90
523/4
,
36
{'■ 8
_*
Copper Corp Ltd-
Aldermac
Arno
64%
Corp
footnotes
12'
53/4
May
5
8%
1.60
"
98
f
3-»
-
Ltd.
For
243/4 Mar
Jan
*
common
-
(Geo)
Weston
Jan
93
*
Power
Canada
Biscuit
Western
19
150
100
Preferred
Wabasso
280
i_„l00
Southern
United
Jan
1,140
*
com
Preferred
Viau
Mar
23
50
Paper preferred
Preferred
98
6%
—•
Shawinigan Water & Power
Co.
9
Jun
98%
100
Lawrence
Jan
96
97
100
Preferred
St.
7
50
22
-*
—
common
preferred
A
275
6%
*
Power preferred-—-
Lawrence
9
96
Apr
97
2&
—
,
Paper common
Saguenay
25%
22%
•
Regent Knitting Mills common
St
Feb
96
•
—
common
Power
Rolland
24
5% Mar
100
Canada
preferred
Quebec
161
8%
*:
—
Co Ltd
&
Bros
5%
—®
Rwys-^
&
H
Page-Hersey
Power
—
Aircraft!
Mar
26
Jan
50
*
Jun
Car
Preferred
45c
Jan
22%
Mar
Ontario
Ottawa
Feb
1.75
18
21%
£.:•
com.—*
pfd
„
•
25c
20
Jan
283/4
—*
& Worts
Flour
Jan
Mar
Jan
150
7
U
pfd—100
Jan
25%
'—*
Ogilvie Flour Mills common
132
14%
_•
common—
Car
3,495
Apr
Apr
21
•
Breweries
Steel
24%
67a
36
—*
National
National
21%
132
24
—40
—100
—*
——
it
Va
21
Apr
81/2
47
100
Jun
4
Apr
15%
Limited—100
109
7%
*
Tramways
Paint
Securities,
8
Montreal Lt Ht & Pr Cons—__,
Montreal
United
of
25'/4
*
30
20C
33
24%
23 7a
21%
y-
1,015
20%
23
—-*
May1
Feb
17%
^3c
18%
20%
25%
8%
Jan
3
Feb
37a
207a
207a
class "B"_:
*
Canada, Ltd——*
18%
20%
Mar
28%
■
Apr
17
—*
*
*
preferred——_—100
20c
i
w
*
—
29
20C
•
—*
Southern Canada Power 6%
Apr
Oil
S
Mitchell
25
Quebec Pulp & Paper preferred—
Reliance Grain Co Ltd pfd
MacKinnon Structural Steel-
McColl-Frontenac
2,377
5
_T__—*
Corp of Can 6% 1st pfd——100
N C part 2nd pfd—
50
Mar
Massey-Harris
105
25c
'.'5
,
Aviation Ltd—
21
—4
30c
23 %c
$3
96
Candy
30c
24c
preferred ——————*
Moore
Corporation Ltd
—*
•
Secord
100
649
$7
Jan
Jun
113
50
33
3%
24%
Refrig & Storage vot tr_—*
8
.
274 May
33
8,%
772
15 %
100
24
pfd—_10
Apr
*
_3
23/4
~-V'
pfd—___ 100
pl'd
—100
5%
6%
Ltd
7% Mar
.——100
Laura
.
30
6%
common—.—.—*
Woods
&
974 Mar
37a
preferred—*
Leaf Milling "A"
28
Sons Ltd John A
Lang,
Apr
20
5
Preferred
Lake of the
77a
-y
Paper/——y*
Paper Co
1*
369
15
465
&
1,152
Ltd—
9
370
Power
99
Co
5 7a
24%
—.—_i—1
John
29%
.common
4
Jan
28%
■
St
99
Power
Feb
3%
8 s/a
■
2%
International Utilities class A—
*
Paper common.
Jun
3 74
25
18
29»/4
International Petroleum
International
33%
40
25
.——100
International
Jan
311
18
Lake
Jan
Apr
474
18
940
445
Jan
297a
3 s/a
18
Class' B
6%
3U4 May
Jan
33%
50
7%
23%
Jan
preferred-—I—-—————20
5r/o
Feb
Feb
15%c Mar
Jan
30
7%
22
5 74
1.50
May
37a
Jun
24
90
7%
23%
15c
.27a
of Canada com—"
Nickel
400
90
110
12
15c
2%
Jan
10872 May
20c
Jan
2
2%
71/8
108% 108%
Mar
272
*
7%
——*
5
IOC"
760
/„*
Goodyear Tire & Rubber of Can
Paints (Can)
"A".
International
7%
—-100
Feb
200
3
2%
^
*
-5
*
100
15c
;■
33
—_*
common!—
•
-
4%
Jan
Jur:
43/4
•
*
Mining.
5274
3 3/a
-K'
———*
Canada Ltd A
(A J)
Jan
10
5
Companies, Limited———
Fraser
473/4
50
Power Sec Corp Ltd———*
Foreign
52%
2,542
*
—
677a Mar
28
Ford
of
Jan
15c
6%:
Fanny Farmer Candy Shops————_1
Aircraft
Jan
6%
Fleet
Motor
5
40
3 7a
Jun
7
5
28
Jan
23% Mar
55
67a
Jun
Jan
Jan
1.85
2V4C Mar
15c
*
Ltd—;
Jun
174
Jan
95
3%
72
5
Apr
6% May
Aircraft
Jun
117a
Jan
May
50c
27a
3
*
Paper Co Ltd
205
5
4%
15d
Linoleum—:.—_*
&
Corp—
1074
169
Jan
60
*
2074
4ya Mar
17%
200
527t
—_*
Dominion Woollens common
13%
2.00
*
Ltd
Limitee B—
Dominion Engineering Works Ltd
30
20%
35
*
34
20
52
99
Jan
5
*
Canada:.
Consolidated Paper Corp
10 y8
■
300
169
80c
90
57
—*
common:
Ltd
27
26%
11%
1.95
——__—.—100
Westinghouse Co Ltd———*
Neon General
258'
80c
preferred
7%
.-
169
1—1
—
822
Jun
Preferred
Noranda
40
3,491
10 7a
International
Murphy
205
Apr
Feb
11
Imperial Oil Ltd
•
Imperial Tobacco of Can common—5
Industrial Acceptance Corp common—*
Montreal
205
Consolidated Bakeries of
5ya
Jan
*
Bay
Jan
205
674
565
Jan
Hollinger Gold Mines
Howard Smith Paper common
Hudson
Feb
1772
Claude
5%
-
11072
Commercial
8
common
98
Jun
Jan
Jun
9
Lime & Alabastine
4672 May
May
57%
86
21%
Jan
15
Jan
333/4
200
(Charles)
Gvpsum,
39%
147
Jan
2,310
—100
Jan
4374
Cassidy's Limited, common——_——l
Jan
243/4
11
common—:
20
100
Vickers Ltd common——_*
10%
—1—
431
46
110
Canadian
11
Wares
Preferred
213/4
46
9
Apr
36
Feb
107
10472 May
21%
25
Canadian
141% May
37% May
May
167a
Feb
60
Jun
May
16%
Feb
35
5
31
May
1.95
Apr
99
Mar
280
•
1.55
110
10
145/
Apr
Jan
Mar
98
45
38%;
"
106% 106%
pfd—100
28
33%
May
110
6%%
Jan
9%
preferred
5 %
General
25
*
Apr
10%
Gatineau Power common—
Jan
21%
•
Jan
& Chemical common—*
Canada---
23
L„100
8
Apr
of
35
12
41
Apr
Co
233/4
23%
30
35
7%
Power
11 J/8
——_
22Va
34%
25
Feb
Corp
8%
Mar
pfd—100
Northern
55
——100
——v_—■
1
May
34%
655
447
7
—
7
20
10
76
440
22
Preferred
Jan
36
439
2,010
27
116
Dryden Paper
22
8
16
Marconi
36
Dominion Textile common
30
8
-
May
Canadian
85
—
30
22 '22%
Jan
Jun
77
Dredge & Dock Co Ltdi—*
Canadian General Elec Ltd——50
Mar
1,130
Ltd
Jan
May
Inter
120
Stores
60
75
Industries Ltd
7%
Tar
60
16
Canadian
7Va
Dominion
77
367a May
3
Sugar Co
10%
.—
74
Apr
250
Canadian
120
Dominion
Dominion
10%
—100
,
Apr
16
Feb
7%
Steel
&
com
27
Canadian
Jan
25
—.—*
Glass
Steel & Coal B
1,114
76
9%
5%
Foundries
&
55 %
.—35
36%
274
1.85
35% Jun
\ 872
Jan
374
34%
3,215
76
43%
13 y8
Foundation
5'/a
High
Low
•
27a
16
43
-25
Electrolux
7,295
Range since January 1
High
-
1.80
8%
—*
Dominion
9
Shares
16
pfd
Pr Co Ltd 6%
Canada
Jun
12%
,.
Sales
for Week
1.80
Canada Malting Co Ltd—
Canada
110
Apr
7%
Jan
1
1
Canada Wire & Cable
5%
26%
Mar
34%
*
common
Calgary
Jan
73/4 Jun
Jan
Dairies
common
305
31%
39%
142
———100
Co
1774 Mar
33%
30
Jan
Week's
—
20 3/a May
*
103% May
7% Jan
116
145
135
155
2%
Pulp & Paper——100
Preferred
87a Mar
283
Coal preferred
Dominion
3%;
Jan
10%
Dominion
Preferred
Jan
Jun
35%
Dominion
Dominion
8
35
38
7
44
Range
»
Ltd
Co
26%
43 Vz
—
Foreign Investment
110
8%
Jan
138
of Prices
5
?
Oil
Columbia
Brown
Feb
24
19% May
1.75
Feb
24%
& Distillers of Vancouver
American
Preferred
163/4 Mar
156
Jan
10%
common
7%
23%
.
Jan
8
Consolidated
213/4
6%
—*
Preferred
*
Canadian Car & Foundry common
*
New Preferred
—25
Canadian Celanese common-———*
Consumers
British
Jan
Jan
35
Plow
Apr
13 3/a
151% Mar
Jan
8%
Cockshutt
British Columbia Packers Ltd
15%
*
•
Prefererd
Feb
15%
50
240
,_L—*
A—,
223/a
187a May
21 V2 Jan
600
1,281
class
Brewers
British
700
7%
Jan
Jun
17
Northern Power
135
Jun
—100
_■
Jan
20
Steamship common—
Canadian
9872
Jan
50
17
7%.
Jan
May
1477a May
232
Low
100
100
20
preferred
Breweries
Jan
preferred
7% preferred
Beatty Bros Ltd
Jan
17
100
Canada
10%
6%
Jan
20
7%
130
24
65
23/i
common—
96%
*
Canada
Canadian
88
7% Mar
& Paper
47
—5
—
——
14%
21%
Canada Cement common
Preferred
25
14
153
23%
*
—*
22%
14
2%
MillsZZJLj-
Building Products class A—:
Bulolo Gold Dredging—
51o
1,210
154
*R
Site
Crown
90%
98
49
90
38
149
137
Par
Power
Abitibi
High
Jan
—*
Asbestos
5%
9
"
100
Canadian Tel Co
Eruck
410
Ltd
Co of Can pfd—
Aluminum
Anglo
Low
9%
Steel com
Algoma
Aluminium
132
232
Sale Price
Range sinee January 1
Jan
9%
Jun
May
148
132
Last
5'%
9%
29
136
Jan
Jan
232
149.
.
100
STOCKS—
Shares
7
2772
133
Canadian, Funds
125
6%
22
6
Montreal Curb Market
High
7
6974
135
135
■
Friday
*
Works Ltd common—
Glove
Acme
5
Jan
Feb
•"
>
Sales
of Prices
Low
772 Mar
Apr
Apr
May
62
1874
11c Mar
for Week
Range
Sale Price
8TOCKS-
28%.
28%
•
Funds
Week's
Friday
25
■
100
:
—-—'■
Montreal Stock Exchange
Canadian
145
28%
6
1,831
64%
21%
—100
—__—.
—
-
67a
64
!——100
—
—
Scotia
Royal
25
.—
Montreal
Nova
6
Range since January 1
Shares
213/4
6
—„100
Commerce
1 72 Feb
of Prices
%
21
■' ' ■ y/
,
_—
for Week
64 7a
*
•
7.
•
Canadienne
49°
—1.
—
Banks—
Jan
*
100
,.
common.
Preferred
Jun
5c Mar
47
—
Ltd
Zellers
TUn
Sale Price
High
Low
High
Range
Last
t
Sales
Week's
Friday
STOCKS—
Friday
69c
May-
Jan
76C
Jan
1.80
Feb
1.60
•1.70
5,350
J .60
Jun
3.45
3.45
100
3.25
Apr
3.10
3.10
55
2.95
Feb
62c
1,000
59c
Jan
62c
Jun
32c'
1,000
30c
May
37c
Feb
3 45 Jun
3.30
Jan,
Jun
Oils-
Oil
Oil
Co
Oil Co Ltd
Co
Ltd
Ltd
Jun
Home
Jan
Homestead Oil & Gas Ltd
!
*
r—*
62c
*
3.05
3.10
800
—1
4c
4c
2,000
32C
3.05
Jun
4c
Jun
3.65 Mar
4%c
Feb
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
159
2447
over-the-counter markets
Quotations for Friday June 9
For
Investing Companies
Par
Bid
Aeronautical Securities—...,.— 1
Ask
7.25
6.67
Affiliated Fund Inc—1%
X3.67
AAmerex
24%
—10
Holding Corp
American Business Shares——.1
American Foreign
Assoc Stand
Investing_10c
A Common
—1
preferred——
A6%
4%
3.78
Basic Industry Shares
—10
Bond Inv, Tr of America-——
Fund
Bullock
4'A
Series
5%
100.80
'30.69
—1
,
3.05
-
—
18.45
26.09
13.59
10.40
Members New York Stock Exchange
19.05
Members New York Curb Exchange
21.34
40
6.34
94.05
40.10
Common
—10c
905
9.95
10c
1
4.40
21.46
23.08
1
10.52
—10
—
xlO.74
Insurance
4.80
Maryland Fund Inc
Mass Investors Trust
25c
1.28
1.41
Corporate Trust Shares———1
National Investors Corp—I
7.35
7.95
Series AA__
—1.
2.27
2.27
—1
1
•
2.74
x4.79
—1
17.92
Diversified Trustee Shares—
..
(■—
■■
6.35
.1.34
22.87
—-1
12.84
30.25
35%
.,32,53
36%
X18.69
xl.81
20.12
1.99
5.31
5.91
t
B
5.60
1
5.38
North
5.79
General Investors Trust-
Agricultural
shares—
Automobile
x7 27
x8.09
45 y4
10
16%
18%
North
8.90
Connecticut General Life
—10
44'%
46V2
Northeastern—
x786
8.65
Continental Casualty
36
38 V2
Northern
stock—x9.24
10.16
28 V2
57%
46'%
31
61V4
Pacific
Fire—
Pacific
Indemnity Co
-
xft 01
I—"I—
10.75
X5.26
5.80
7.35
X5.69
6.27
39y8
Ill
LI1
45%
16 ya
40 y2
5
7%
50c
55c
Globe & Republic
Globe &'Rutgers Fire Ins.
2nd preferred
14.93
Great
jc2.68
2^33
,
American—
ey4
28Va
23y2
48%
18 %
St Paul Fire & Marine new_12V2
62%
65%
Seaboard Surety
10
42%
43
Security New Haven
—10
Springfield Fire & Marine—-25
33%
74 %
26%
28 y4
U S
Standard Accident
US Guarantee-
26%
X90.83
Selected Amer Shares———2%
x9.73
Selected Income Shares
9.14
—1
7.28
Sovereign Investors
1.
Spencer Trask Fund——i-*
6.68
State Street Investment Corp;.—
6.20
Super Corp of Amer AA_
7.01,
,
ASeries
ASeries
xl4.16
2.32
.
4;17
Bid
1954
1963
Blackstone Valley Gas & El—
4.52
ASeries B—
4,68
4.80
<
D——-—C———1
2.2a-.
3s
———1
1
Trusteed Industry Shares..
25c
Union Bond Fund series A——
24c
^
Pow
Florida
Power
73c
82c
,
Mengel Co
7.06
National Container 5s„
Common
1.43
Securities
1.56
21.30
22.90
2.23
Incorporated Investors—
8
Independence Trust Shares—-*
2.52
CIi._———
U S EI Lt & Pwr Shares A—
B
Ltd—
9.19
10.07
Bank Group shares
Insurance Group shares——
xl.Gl
24.24
26.35
Investors Fund C—
12.92
-
1,12
Investment Co of America—10
13.22
86c
—1
95c
>
.
,
19.96
I.
——
.16,53
& Lt
Pow
1974
3s
3%S—
New Jersey
3y8s
18.16
31%
100y2
-1959
Pow & Lt 3s__1974
107%
105%
103%
101V*
104 y4
Okla
—1973
Gas1
102%
1961
——
Natural
10iy4
103
102%
100%
108%
108%
11a
Diego Gas & El 3%s__1970
South Carolina Elec & Gas—
San
1972
Southern Colo Power 3y2s—1968
Sunray Oil 3%s
1959
Utah Power & Lt 3%s
—1968
3%s
.102
,105%
1972
4%s
99%
99
—1959
3%s series E
Ask
109
108%
111%
108%
—
Virginia Elec & Power 3s—-1974
West Penn Power 3s_%.—1974
106 y8
103%
104%
106%
106%
104 y8,
104%
104%
105
104%
105%
102%
101%
2%s
4%s_—
York Corp.
1958
Panhandle Eastern Pipe Line—
_
Investment Banking
Corporations
" A Blair & Co__.
a First
72%
Puget Sound Pow & Lt—
108
Northern Indiana Public Service
16.20
1.65
—
—
Wellington Fund
Aviation Group shares——
——-
105%
102%
107y8
8.89
Series
105
105 Va
101 %
8.13
•
.
49 'A
•
(Indiana)—
107
—1979
4yas
Louisiana
Public Service
101%
Florida Power & Light 3%s_1974
25.76
22.86
Bid
Ask
103%
104
1973
Public Service (New Hampshire)
3%s series A
1973
-1974
24.98
——
67%
28%
1973
3%s
20.91
B--
46 ya
—2.50
1973
—
& Lt 3yas
Central
6.71.
Union Stock Fund B—_:
—6.46
Union Preferred Stock Fund__i:18.26
36c
v
— -
6.03
'
Series
103
103
Atlanta
.
Trustee Stand Oil Shares-*
ASeries A--—
-4
—10
Westchester Fire—
Recent Bond Issues
Alleghany Corp 3%s__
Gas Light 3s
-
4.10
;
36%
44.05
2,37
6.58
4.36
—*
15.07
41.00
l
4.33
4.25
--i
;
Fire;
"6.59
6.01
—1
C„—
—
4.15
Trustee Stand Invest Shs—
5,35 "
-
-
3.93
Fund Inc
62%
457
34%
10.61
7.65
.
-3.78
Corp—J—I
59%
442
92.67
5.50
119
28 y4
9.97
45 y4
35%
113 Va
Fidelity & Guaranty Co—2
U S Fire—
4.86
shares;—.—r—-—shares—-————
4%
10
-100
Travelers
96%
42%
6.37
——
78'A
21 %
8
18%
33%
26%
8%
20'/4
78 V2
com.
16 Va
31% '
Fire—
27 V\
Hanover
5.63
-Tobacco
4
8
8
14%
10
(Paul)
39%
shares—5.98
Institutional
Revere
8.32
shares—:————
Steel shares—;—.
;
24%
10
49v4
74 y4
87
(NY)——2
(Texas)———10
6.96
;——i.-
Foundation
Republio
22%
Glens Falls Fire
46%
—5
Reinsurance Corp
4.99
Equipment shares—
Income
12lU
8
General Reinsurance CorpGibraltar Fire & Marine
—10
Providence-Washington —10
92 V4
Merchandise shares_i—^:——
AHuron Holding
86
—
101%
—10
25 %
Low Price Shares———
Utility
82
11 Vb
Fire:
96%
—
10
6.07
Railroad
Fireman's Fd of San Fran—_10
Firemen's of Newark——L5
,
5%'
82%
25
—10
6.62
Petroleum
61
22
5'
—12.50
Hartford
shares—
RR
57
—10
13%
20 V*
5
—
Preferred Accident
145
11%
2.50
—
Phoenix-
50
139
2 78
l
-10c
10
2 12
•
-
10
—
Fidelity & Deposit of Md—20
River
Franklin
shares
-
—
Fire Assn of Phila
X6.68
——_———
Amer Trust
Federal
6.49
x9 78
—I—"I—
—
8.81
x5 89
—
5
Employees Group
Employers Reinsurance
—
—
Hartford Steamboiler Inspect—10
Home
——8
————*.-—-
Mining shares
7
City of New York-,
New Brunswick
7.03
9.07
—•
25%
8.00
82'%
575
3.57
6.15
shares—
23%
56%
176
.
29%
77y2
550
3.25
,5.59
Food shares——
5%
166
—
42%
—
8.02
General bond shares-
53%
2
Casualty—2
New Amsterdam
6.45
7.29
Electrical Equipment—
.
6%
13.88
Chemical shares-————
.
5%
36%
27%
10
National Liberty
National Union Fire
58%
6
4%
X24%
—20
National Fire
15
13
56
33%
10
1
Building shares———-
Industrial Machinery
10
25
—
—
(Detroit)—10
27%,
Plymouth Fund Inc——
Putnam (Geo) Fund
6.21
Investing
Reserve—
Surety
———
11.23
.6,70
5.64
Administered
American
American
47'/4
3%
^
10
Series 1956
7.34
'
6.09
—
Fully
Casualty
Quarterly Inc Shares
—lOo
Republic Invest Fund—
-I
Scudder, Stevens & Clark
Fund, Inc—
*
6.67
shares—
shares—;
Aviation
National
N Y
Fire
Ins
New Hampshire Fire——10
New York Fire
—8
series 1953
''
-
51%
& Mfrs
Merch
21%
Series 1958—
Group Securities—
Fire
Merchant Fire Assur
8
7%
65'/a
19%
Series 1955
„
Monarch
12%
_B
----
—
15%
Equitable
American Fidelity & Casualty_5
American of Newark
2%
American Re-Insurance—
10
—1
-100
North Amer Bond Trust ctfs——
36.00
14ya
48%
American
—5
*
Casualty
Massachusetts Bonding
——
4.35
4.48
8
12%
17 V&
12%
—;
-
X
insurance 01 M
Jersey
Camden Fire———-
24.48
X33.48
4%
Maryland
11%
15%
10%
—20
Knickerbocker—
2iVa
Boston
3.75
—*
4
74
19%
8.96
—
Railroad
—5
70y2
7.13.
Metals
oils
34 y.f
32%
10.29
Machinery
.
;
15 y4
83'A
39%
10
9.36
„
Railroad equipment———
Steel
4.85
7.67
13,37
xlO.22
13 lA
80 V*
36%
6%
6%
62
44l/4
10
American Casualty
%"k
10
Fire
28
Alliance—
x8 15
Insurance
_
—•
—
—
—
7.52
12.41
—
-
22.30
Fundamental Trust Shares A—.2
General Capital Corp
5.03
x6.48
—
Electrical eouipment—
;
9.96
7.78
6.93
——
Building supply—
%
49%
American
Automobile
——„
stock
Chemical
i
,
Fidelity Fund Inc
—-•
Financial Industrial Fund, IncFirst Mutual Trust Fund—.—8
Fixed Trust Shares A
;10
Foundation Trust Shares A—1
Fundamental InvestYnc—-—2
3.44
6,84
i
136 %
47%
————:—
Aviation
Bank
13.78
Equitable Invest Corp (Mass)_B
Equity Corp $3 conv pfd——1.
X3.04
7.07
.
128 %
——10
Life
Bid
Pat
Insur Co of North America___10
Homestead
Surety—10
-
Companies
Ask
Agricultural
4.54
Automobile——
;
.
21.29
Fund
:
—
Bid
Baltimore American——2%
Bankers & Shippers—25
Agriculture
.
.....
Balanced Fund——————1
Stock
Aetna
New York Stocks Inc—-
;
———.——1.
3.70
——T--—5.60
Dividend Shares—
_25o,
1.22
Eaton & Howard—
.
-
-
series
Low priced bond series
Preferred stock series
New England Fund
19.37
O
Aetna Casual &
3.70
w*
voting shares—
Income
—
-
Par
Aetna—
Low priced stock common
Bond series——
>_
/
Fund—;-L-—
Delaware
11.31
National Security Series*,
2.74
Series ACQ mod-——1.
Cumulative Trust Shares
(Md)
—
—1.
mod—
Series. AA
Mutual Invest Fund Inc
Nation-Wide Securities—
(Colo) series B shares
—
——
Accumulative series
Mass Investors 2d Fund—
..
.
Bell Teletype NY 1-953
Tel: DIgby 4-4950
,3,70
Century Shares Trust
—•
27,18
29.23
Chemical Fund—1
9.58
10.37
Christiana Securities com—100 2,490
2,590
Preferred
—100
140
145
Commonwealth Invest—
-<-1
4.77
5.18
Consol Investment Trust—1
40
42
2.46
Exchange Place, New York S, N. Y.
4.76
Manhattan Bond Fund Inc—
16.45
.
Fund Ltd.
.
—
S-2
10.25
17.38
19.37
24.03
X9.44
4.29
5.78
92.51
39.30
.
11.25
12.34
-
S-3
S-4—
—'
Knickerbocker Fund-.
Loomis Sayles Mut Fund—
*
Loomis Sayles Sec Fund—10
105.00
—1
Ltd—-—
Canadian Inv
Real Estate Bonds
22.46
Series
Series
.
17.16
x28.39
15.01
5
Boston Fund Inc-—
Broad Street Invest Co Inc—5
31.59
—
__
15.39
3%
—5
—
on
Shaskan&Co.
29.16
28.78
——■
B-2
B-3—
Series B-4
Series-K-U-Series K-2
Series S-l——
7%
X14.31
27.80
x20.48
B-L
Series
Series
15.74
6%
1
Series
■
3.87
xl4.51
2
Oil Shares
Axe-Houghton Fund Inc
Bankers Nat Investing—
Quotations
Ask
Keystone Custodian Funds-
4.02
25%
3.54
1
Bid
Par
Boston
2%s
—1
2%
29%
1953
—
-
2%
—10
.
Corp—
debs
31%
Quotations For U. S. Treasury Notes
New York
Par
Bank of the Manhattan Co.—10
Bank of New York—
—100
Bankers Trust ——:
_10
Brooklyn Trust
-100
Central Hanover Bank & Trust 20
Chase
National
Bank
,_15
Chemical Bank & Trust
10
Gify Banks & Trust Cos,
Bid
22%
402
52%
96%
101
Ask
Par
23%
•
Grace National
4i4
101%
107 %
.
_100
———
Guaranty Trust—
Irving Trust
Kings County Trust
54%
Lawyers Trust
25
40
Manufactures Trust Co com__20
54%
Conv preferred
Morgan (J P) & Co Inc
20
100
20"
47%
49%
Continental Bank & .Trust—10
Corn Exchange Bank & Trust-20
Empire Trust
—50
20
21%
National City Bank
New York Trust
48%
50%
Public NSt'l Bank & Trust—17%
First
Co
:—
National
Fulton
—100
74
78
1,575
Bank———4.1
Trust
1,615
170
,
Bid
Ask
190
38
49 %
51%
X222
3A%
%
1%%
99.27
100.5
100.27
100.7
100.1
100.12
100.11
99.28
100.6
100.28
-1%%
100.23
:100.24
1
1945
-
tDec. 15, 1945
1946
tDec
—
-
1947—
100.5
100
100.10
100.10
1
1946——
15.
tSept. 15,
%
%%
—
34%
39%
—12
8%
1001,410
t%s Dec. 1,
$%s Feb. 1,
t0.90s Mar.
t% s.Apr. 1,
9%
1,455
Bid
Commodity Credit Corp—
?!%%
——Feb 15,1945
Ask
Federal Land
100.6
100.8
0.85s June 15,
b0.90
1944
1946-1944
4s
1964-1944.
3%s
100 A
0.75%
Akron Canton & Youngstown—
4s series A_
1988
4%s series B
1988
Akron
91%
93%
94%
96%
Chicago Rock Island & Pacific—
1st 4s—
1994
Denver
&
Income
Rio
4%s
101
103
62
64
4%s
:
1st
Gen
income
mtge
4%s
4s
&
40
76
78
Bid
Youngstown-
Common
5% preferred
-
5%
.
'
preferred
2018
57
59
1993
81%
&
Rio
June
June
*
.—100
Inc
Grande
29.
4%s
^
1956-1946
u s Conversion
17%
July 13, .1944
-
b0.37
—
17
0.77%
b0.80
0.78%
bO.79
0.77%
Ask
10218,
104%
105
——1947
103%
104%
Panama Canal
3s——.——1961
0.32%
0.32%
0.32%
Aug.
Auff
Rlrt
—
10 1944
17 1944_
24
106%
133%
Bills
purchase
July 27, 1944__
Aug. 3, 1944—
Aug.
106 y4
132
1944
Aug.' 3l'
0.33%
0.33%
0.34%
0.34%
b0.375 0.35%
-
1944-——
September 7, .1944,
Ask
bO.37
bO.37
bO.37
bO.37
—
——
bO.375 0.35%
bO.375 0.35 %
42
13%
Bid
102U
10313
18
41
——
0.32%
b0.37
b0.37
July 6. 1944—
42
0.28%
0.30%
b0.37
16%
3s———-1946
u S Conversion 3s
Ask
b0.37
—
1944
41
121/4
com
0.76%
b0.79
83%
1971
Preferred
Minn
102
104
1991
65%
67%
2014
104%
105%
Pacific—
mtge
b0.37
15, 1944
22, 1944
St
Free
v
—
Paul
t
Optional
& Sault Ste
:
c
v
t
;
c
•No
M—
1%
2
on
par
March
common
Western
Pacific
Preferred
common
28,
value,
a Odd lot sales,
b Yield price,
c Stockholders of McQuay-Norris Mfg. Co.
1944, approved an amendment changing the 150,000 no par shares of authorized
to 450,000 shares of $10 par common stock,
d Deferred delivery,
f Fiat price,
stock
k Removed
Western
102
Treasury bills—
June
Common
Denver
Minn St Paul & Saulte Ste M—
,
38
Canton
100 3*2
10011
Rates quoted are for discount at
Ask
July 20, 1944
Grande-
1st 3-4s income
Bid
—
Chicago Rock Island & Pacific-
2019
:
income
Conv
Stocks
0.63%
0.71%
1041;'
1, 1956-1946——-—
3s May 1,
United States Treasury
(When, as and if issued)
Ask
102J1
1955-1945—
Reorganization Rails
Bid
0.57%
b0.73
bO.78
,
Other lssue$
100 A
is
.
0.42^
b0.65
Bank Bonds—
1955-1945
8s Jan.
Federal Home Loan Bank—
~
8s
Federal Land Bank Bonds-
Bonds—
b0.6G
—
Obligations Of Oovernmental Agencies
367/8
96 %
37
United States Trust
b0.47
1944
1944——-—
1945
1, X945——
1945_;
1945—
51%
53%
92%
Title Guarantee & Trust
1,
r/ss Oct.
Ask
100.14
Indebtedness—
t%s Aug. 1, 1944
—
t%s Sept. 1, 1944—
t%s May 1,
233
_25
180
100.13
1%%
of
Certificates
Rid
Int. Rate
41
12J/2
;
15,
32ds of a point
Figures after decimal point represent one or more
Maturity—
'
Int. Bate
Bid
Ask
tSept. 15, 1948
% % 1 100
tMar 15,
328
336
10
14%
15%
,—1001,505
1,555
38
.
tMar
100
52 %
Commercial National Bank. &
Trust
Maturity—
Jun 15, 1944—
Sep 15, 1944
tSept. 15, 1944
Mar 15, 1945—
to
Ex-dividend,
r Canadian market,
s Cash sale—not
tin default.
IThese bonds are subject tp
issuer.
Stock Exchange,
Ex-rights,
30y2
31%
x
64
66
tions not furnished by sponsor or
y
included in range ior year,
all Federal taxes, aquoiu-
/
THE COMMERCIAL & FINANCIAL
2443
CHRONICLE
Monday, June 12, 1944
Week
CLEARINGS
THE COURSE OF BANK
1944
West
•'
'/
.
..
350,053,656
+
rrr-"
+
159,818,703
—.
149,880,000
+
215,137,000
142,609,940
148,448,846
Baltimore—
121,518,022
112,742,694
$5,979,884,060
<1,424,041,842
$7,403,925,902
Ten
cities,
Other cities,
cities,
Total
——
five days—-
day
one
all
—————
five days
live days
Total all cities,
All
-
Macon
50,594,368
4,039.000
1,688,483
1,744,504
+ 17.7
122,781,354
2.4
41,268,519
131,018,258
36,083,862
7.1
231,272,229
224,341,412
33,195,112
+
9,700,195
6,637,943
30.526.094
101,100,000
+ 46.1
5,331,181
6,853,970
+ 24.9
31,832,220
85,400,000
24,784,052
$8,984,711,082
——
2,240,553
48,692,809
3.9
59,638,733
$5,562,126,143
+
7.5
1,318,448,805
+
324,883,434
+
7.6
1,520,004,788
+
4.0
50.9
31,463,991
3,976,031
26,591,35(5
8.2
188,670
174,231
62,384,433
47,618,700
251,802,267
210,600,080
—
+
—
2,604,361
8.0
$6,880,574,948
21,154,000
+13.7
285,710,258
1,405,789
27,842,890
—15.9
70,928,657
Louisiana—New Orleans—
7.8
1,882,851
*'1,500,000
2.3
—20.7
198,056
-
Mississippi—Vicksburg
1.513,621
+ 11.4
4,601,329
—
77,900,000
+ 20.6
1,750,156
35,689,078
32.267.095
157,066
U
+ 23.7
2,011,850
2,110,732
34,885,342
——„
.
Alabama—Birmingham-—
+ 17.9
—
38,134,435
Florida—Jacksonville
•
Total
(10 cities)-
:
■,
Seventh Federal Reserve District—Chicago—
''.i
■'
■.
*-t
:
'
'
'
<*
1
'
'
<
%
'
Michigan—Ann Arbor__*-
$8,400,579,736
145,733
508,567
—71.3
656,098
453,485
1.
4,074,818
4,874,511
—16.4
4,366,987
4.296,999
3,658,061
2,512,895
+ 45.6
2,592,981
2,229,889
7.0
+
Grand Rapids
week covered by the foregoing will appear
furnish them today, in as much as the week
ends Saturday and the Saturday figures are not available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
——_
——
Indiana—Fort Wayne
In the elaborate detailed statement,
Iowa—Cedar Rapids
Terre
3,019,265
Des
and complete results for the week previous—the week
ended June 3. For that week there was a decrease of 0.3%, the aggregate of clearings
for the whole country having amounted to $7,966,200,491, against $7,989,924,051 in
the same week ih 1943. Outside of this city there was a gain of 5.4%, the bank
clearings at this center having recorded a decrease of 4.8%.
We group the cities
according to the Federal Reserve Districts in which they are located and from this
it appears that in the New York District (including this city) the totals show a
loss of 4.3% and in the Boston Reserve District of 1.9%" but in the Philadelphia
Reserve District the totals show a gain of 2.5%.
In the Cleveland Reserve District
the totals register an improvement of 10.2%, in the Richmond Reserve District of
7.1% and in the Atlanta Reserve District of 13.7%.
In the Chicago Reserve District
the totals are larger by 9.3% and in the St. Louis Reserve District by 1.8% but in
the Minneapolis Reserve District the totals are smaller by 0.3%.
In the Kansas
City Reserve District the totals record an increase of 5.4% and in the San Francisco
Reserve District of 2.7% but in the Dallas Reserve District the totals register a
2,896,793
2,890,356
2,332,753
22,487,000
'+
2.8
29,710,000
24,742,000
3,608,600
3,388,284
+
6.5
5,970,354
28,075,387
5,897,585
27,069,487
3,137,514
7,306,202
.26,206,454
1,582,502
1,830,785
11,915,891
10,663,147
6,029,566
6,944,248
Bend
Haute—
————.
Wisconsin—Milwaukee..—,
however, Which we present further below,
v
;
Moines——
———
Sioux City—
—-
Illinois—Bloomington-
+ 45.6
+
1.2
3,340,587
7,187,197
+
3.7
31,453,709
—13.6
1,871,235
1,775,930
11.7
14,815,846
12,396,552
—11.2
6,262,005
4,560,931
+
6.1
452,259
Chicago-—
—.'
—
481,570
406,912,707
—
Decatur
367,988,256
618,643
572,758
422,580,191
+ 10.6
1,328,079
418,081,825
+ 42.6
1.893,352
.
—
'
N
1,804,672
1,695,728
+ 46.8
■
Peoria.
— — —
Springfield
—
5,946,655
—
7.5
2,340,540
2,053,180
1,687,055
+
1.2
2,199,106
1,909,229
467,343,983
2.189,426
■
...
(17 cities)
5,614,366
2,367,175
+
9.3
540,304,519
519,698,084
4,418,546
6.485,586
——
Rockford—a,—~—
Total
■
23,113,000
Indianapolis
South
able to give the final
are
6,262,000
58,102,965
5.2
227,986,408
2.6
our
we
7.4
—
+
125,100,000
■
Complete and exact details for the
issue of next week.
We cannot
>
2,198,661
—
.
Lansing—.
in
7.7
+
126,193,194
4,223,569
6.6
t
week—
for
cities
6.1
+
1,580,785,180
—
Nashville
+ 17.0
183,846,000
174,085,159
—
—■-
861,420
244,086,850
(6 cities)
Georgia—Atlanta
Augusta—*
463,000,000
250,767,625
Cleveland
■
1,168,908
»
Total
4.0
153,800,000
■
—
—
2,084,175
136,734,235
33,993,757
Maryland—Baltimore
9.2
463,000,000
——_—
*
$
+
5,812,000
59,403,139
Tennessee—Knoxville
+
205,190,689
Francisco
San
Pittsburgh
6,258,000
District of Columbia—Washington-
%
$3,569,483,460
266,054,499
149,237,842
Philadelphia —.—— ———
Kansas City
——————
st. Louis ———---—
1941
1942
Sixth Federal Reserve District—Atlanta1943
1944
10
364,034,477
■
3
1.5
+
1,184,302
63,814,702
Richmond
above those for the
$3,899,301,591
■
1.201,981
Virginia—Norfolk
Clearings—Returns by Telegraph
;
Virginia—Huntington
South Carolina—Charleston
corresponding week last year. Our preliminary total
stands at $8,984,711,082, against $8,400,579,736 for the same week in 1943.
At this
center there is an increase for the week ended Friday of 9.2%,
Our comparative
summary for the week follows:
■
June
or
Dec. %
$
clearings this week will show a decrease compared with a year ago. Pre¬
liminary figures compiled by us, based upon telegraphic advices from the chief cities
of the country, indicate that for the week ended Saturday, June lu, Clearings tor ail
cities of the United States from which it is possible to obtain weekly clearings will
Week Ending June
Inc.
Fifth Federal Reserve District—Richmond-
Bank
be 7.0%
Ended
1943
.?
1,707,466
"
:
:
.
510,832,973
—.
Eighth Federal Reserve District—St. LouisMissouri—St. Louis—
161.200,000
149,100,000
■f 8.1
157,200,000
133,400,000
Kentucky—Louisville—-.
47,470,547
55,721,892
—14.8
*50.000,000
48,119,704
Tennessee—Memphis
Illinois—Quincy
32,797,749
32,046,025
30,111,719
29,447,087
1,023,000
1,273,000
+ 2.3
—19.6
1,285,000
816,000
242,491,296
238,140,917
1.8
238,596,719
211,782,791
—.
Total
(4 cities)—
+
decrease of 4.7%.
In the
following
we
furnish
1st
Boston
2d
New
3d
Philadelphia
12 Cities
——
York
1943
4,383,827,103
"
10
———
Fth Richmond
6th Atlanta
———-
Louis
9th Minneapolis
514,543,469
—
324,883,434
"
12th San
f 238,140,917
242,491,296
149,525,634
225,166,103
96,185,174
380,871,282
149,019,383
7
10
6
Francisco.——_ 10
_——
j
510,832,973 .../ 467,343,983
__
City
10th Kansas
lith Dallas
227,986,408
285,710,258
244,086,850
"
"
"
237,365,024
91,618,196
—
"
!
_——.——-—
390,986,418
371,207,744
4,526 ,016,997
560 ,085.517
483,842,975
410 ,524,920
231,272,229
210 ,600,089
540,304,519
519 ,698,084
238,596,719
North
Dakota—Fargo
We
now
add
—
our
1,252,256
1,019,256
837,568
+ 21.7
1,028,631
2,749,579
+ 18.7
3,706,259
2,885,771
149,019,383
149,525,634
0.3
158,768,822
,140,360,131
105.685,639
94,377,853
39,582,529
33,236,546
95,398,882
Montana—Billings—
Total
7,762,998,836
3,371,235,579
7,871,442,201
3,544,092,193
5.4
—
(7 cities)-—
—
—
0.5
3,156,482
—
2,973,856
910,275
974,314
.
Tenth Federal Reserve District—Kansas City—
87,,080,713
343, 106,718
0.3
—
166 973,396
214,099,074
374,678,073
3,732,579,637
Nebraska—Fremont
161,217
——
„
Omaha
—
"178,345
*325,000
60,990,316
\
60,517,343
Kansas—Topeka-——, 2,158,740
*200,000
177,117
3,934,897
3,080,550
0.8
51,352,832
36,055,984
+
2,273,823
—
5,688,928
—
158,431,118
146,441,583
5,289,808
Missouri—Kansas City—.
St. Joseph-—-
—
4,653,523
-
139,244
167,121
8.9
—
5,442,572
Wichita————-.
9 6
—10.2
3,565,262
„
—
—
356,849
3,201,517
—„
—
Lincoln——
.detailed statement showing the figures for each city for the
for four years:
week ended June 3,
+ 17.9
—.
South Dakota—Aberdeen
Hastings——
Outside New York City..—
1,041,024
0.8
3.5
140 360,131
+
7,989,924,051
7,966,200,491
3,735,009,773
—HI cities
Total
2,596,360
+
—
211 ,782,791
158,768,822
5,001,516
1,227,815
224 ,341,412
251,802,267
4,356,426
4,039,661
36,938,334
2,582,803
—
101,323,108
3,263,970
362 ,428,088
617,596,705
—22.8
3,120,171
102,162,651
35,642,717
Minneapolis
4,293,874,792
1.9
4.3
2.5
+10.2
+ 7.1
+13.7
+ 9.3
+ 1.8
— 0.3
— 5.4
— 4.7
+ 2.7
—
—
District—Minneapolis—
Minnesota—Duluth—
$
"
17
4
——
Bfch St.
"
10
——^
7th Chicago
556.471,920
7
6
4th Cleveland
Dec. %
1941
1942
326,347,754
4,582,678,403
543,102,272
466,865,863
320,074,225
12
——
Inc. or
$
$
Week Ending June 3
v.
Ninth Federal Reserve
BANK CLEARINGS
1944
.-Federal Reserve Districts
•
by Federal Reserve Districts:
a summary
SUMMARY OF
5.1
2,122,421
2,625,910
4.3
4,943,036
4,460,631
8.2
144,742,700
116,076,113
+ 13.7
3,978,196
+
3,402,239
>
.
June
wbek
'1943
1944
Clearings
-
Dec. %
at—
1941
1942
Inc. or :
Colorado-r-Qolorado Springs—
-
Total
First Federal Reserve District—Boston-
827.427
823,801
3.263,505
Maine—Bangor_—
3,370,049
278,089,627
——
Massachusetts—Boston
276,099,600
—
—
+
—
—
0.4
1,086,952
4,379,993
314,869,471
'
784,490
3.9
1,004,179
431,224
—11.2
450,715
497.263
982,300
1,106,262
—11.2
1,037,479
914,405
3,809,334
New Bedford—
4,362,453
—12.7
4,561,756
4,190,752
.
."V
2,384,674
2,401,747
12,370,228
13,854,884
5,795,847
6,076,472
12,808,000
14,515,600
535,790
531,145
320,074,225
Worcester—
326,347,754
.
Connecticut—Hartford—,
New Haven——*—_
Rhode Island—Providence——~—
New
Hampshire—Manchester-.
Total
(12 cities)——.
X Second Federal Reserve
8,569,,370
1,195, 461
45,700,,000
59,386,000
——
Elrnira—~—
+
1,055,711
—
.
966, 507
913,318
823, 169
York——4,231,190,718
4,445,831, 858
—
Rochester.;——:———,
0.7
2,758,421
—10.7
15,019,066
4.6
7,541,944
—11.8
17,862,700
+
0.9
635,478
1.9
371,207,744
—
9.7
'+
9.6
7,499,946
1,463,991
11,890,698
1,516,330
;
+29.9
New- Jerseyr+rMontclaJr—_
2,760.945
16,325,683
X?
5,613,493
2,209,914
74,183,000
2.8
9,297,188
67,287,772
8,622,672
+
6.6
2, 304,795
75, 579.508
10, 589,455
—27-8
2,310,200
2, 167,000
*1,200,000
041,891
+15.2
1,147.649
2,325,000
1,185,572
502,525
—22.4
4,322,337
4,849,783
4.7
95,398,882
87,080,713
—
.
-
Galveston—'———————
Wichita
Falls
——
Louisiana—Shreveport;
—
3,493,440 '
—
2,386,000
K 16,147,000
+
41,700,000
Total
(6 cities)—
96,185,174
91,618,196
9.2
791,536
1,289,863
;
—
971,067
4,391,763,257
San
Francisco—*-
San
5,010, 912
+
8.1
6,729,135
5,350,230
7,548,871
6,595,715
'—26 4
+
474, 462'+— 7.9
+31.4
22,177, 161
27,067,684
24,949,440
34,194, 514
29,14o!483
Northern New Jersey—31,414,686
35,167,151
..
—r
Santa Barbara-
—-
"
8.1
—
4,383,827,103
4,582,678,403
—
4.3
•
4,293,874,792
7
Stockton—^-----—
Total
(lb'cities)—1-1,^-1!—-
Grand Total (111 cities)-—-
Total (12 cities)
1.5
■
1,505,177
22, 391,570
—"5,4
—
1,274,742
60,203,694
9.2
3. 690,161
+
8.4
3, 463,220
1, 404,820
.
3,572,711
205,245,632
3,243.499'
+ 26.3
+
8.5
1,392,959
'
3, 791,892
—
17,544,521
6,023,314
4,361,629
5,756,280
5.3
+
45,274,593
''
21,996,515
—25.7
11 035,500
206 065,748
1,524,844
3,.421,678 '
55,452,283
69,382,853
+12.7
'
59, 950,526
"
.205,059,000
3,437*431
"
2,251,733
9.3
4,526,016,997
£* ;
.
.
.
380,871,232
2.7
'
374,678,073
343,106,718
7,966,'200;491
7,989,924.051
0.3
7,871.442.201
7,762,998,836
3,735,003,773
3,544,052,193
5.4
3,73.2,579,637
.3,371,235,573,
+
.t;
..Third Federal Reserve District- -Philadelphia—
Bethlehem
:
'
—
*
—
V
445.664
646,974
1.063.856
1,203,666
711.861
Lancaster—....
.
Reading
:
—J—.
Seranton
Wilkes-Barre
-
—
■_*_*-
—
'
1,506,115
526,000,000
—31.1
—18.4'
—
—
7.8
4,7.
601,853
631,802
1,465,497
1,510,183
773,747
2.9
1,401,082
+ 20.3
2.209,674
;
1,358,148
York.—
.
.+14.2
2,587,554
2,816,382
1,597,930
1,460,933
4,830,300
(10 cities)..
6,702,600
556,471,920
+
543,102,272
+
8.1
+
9.4
1.978,458
1,722,460
—27.9
4,314,500
3,864,600
2.5
617,596,705
560,085,517
+ 18.2
3.453,552
3,235,920
+
1,459,770
Cincinnati
Cleveland
Columbus
Mansfield:
Younest.own...
Per
Total
2,646 995
05,778,201
172,008,575
87,938,144
161,597,646
11,702,500
2.128,387
_
tsylvania—Pittsburgh.
(7 cities).
of Dec. 31,1943.
Bank
Clearing
As noted in
2.5
88,269.139
75,772,258
6.4
169,623.699
133,564,159
+ 16.4
13,092,400
17,210,700
—
+■
our
were
discontinued
1,831,534
+ 16.2
2.618,455
2,992,002
—12.5
2,679,622
250, at the last Annual General Meeting of the Canadian
Bankers
Association
direction
returns be discontinued on Dec.
198,157,042
+18,7
204,686,658
176,201,414
514,543,469
466,865,863
+10.2
483,842,975
410,524,920
not
was
given
that
some
time that the figures did
correctly reflect business activity, for the
intra-bank items do not pass
clearings
31, 1943, in view of the fact
reason
that
through the clearing houses.
2,635,423
235.260.696
2,045,905
as
issue of Jan. 17, 1944, page
1,612,668
that'it had been obvious for
3,128.895
13,620,200
~~~
~~
Note—Canadian
544,000,000
Fourth Federal Reserve District—Cleveland
Ohio—Canton
'
1,719,094
2,052,269'
1,256,830
1,685,724
2.343,509
u.;
614,955
1,593,373
2,205,652
600,000,000
'
;
New Jersey—Trenton
Total
1.434.928
541;000,000
—
Philadelphia
.
\
771,803 '
2,732,356
390,'986,418
1
-n
Outside New York—
,..'h';.*Estlmated,
Fennsvlvania—Altoona
1,946,849
...
500,033
•
—
—
,
8,204,489
3,884,737
t
—
——
28,584,782
615,768
l, 527,542
223,321,000
—„.
Jose—
Pasadena-—.
11,403,909
"
——
"67, 550,303
1.721,297 "
56,733,115
21,234,421
4,372,861
825,903
4,138,862,564
11,303,916
<436:813-
_
Oregon—Portland—
Utah—Salt Lake City
'California—Long Beach
4.8
2.2
8,036, 390
66,567,976"
>■..
—
+11.0
+
5,915,293
*
Yakima-—
—
9,697, 599
—v.
...
—
v
H
.
55,500,000
'
Newark
2,062,708
4.6
+
1,664,259
.-'362,428,088
r—
5,414,939
—
Oonneeticut-rr-Staraford—————+'
,
792,'052
214,099,074
10,882,021
Fort Worth
549.153
—
—
9,909,063
-Syracuse
-
l("€67i005
i+
,!■
'
Twelfth Federal Reserve District—San Francisco—'
7,738,4°1
.1,311,648
_
—.———
Jamestown.
New
5.4 ;
989,503-
72,068,276
Texas—Austin
Washington—Seattle————'
11
Buffalo—.—...
-
1,164,819' O
District—New York—
New York—Albany
Binghamton
"
■>>■+*
Eleventh Federal Reserve District—Dallas-
766,775
382,787
+
225,166,103
6.2
2,391,831
311,284,342
0.7
814.733
Fall River—
Springfield
237,365,024
;
+
986,446
3.2
774,277
(10 cities)
—22.5
761,629
728,818
Pueblo_--*.-«*-^-^
'
■■■:
590,459
1,905,046
""""vn;
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
Volume 159
Redemption Galls and Sinking Fund
mtge. bonds-—July
1st ref.
of Evanston,
Luke's Church
Davldson-Boutell 6%
2124
2312
OF
NOTICES
in
Date
Gulf Power Co., 1st mortgage 3'/bS, due 1971—
—-Jun 19
Mercantile Properties, Inc., sec. 4Vz % bonds due 1963~Jun 15
Mississippi Power & Light Co., $6 preferred stock-—-July 13
2349
Eastern
DIVIDENDS
4bonds, series E, due 1984—.—Jun 30
Transportation Co., consol. mtge. 3%-6%
*
—Jun 15
2013
series A—
bonds,
~-Tr
7%
stock
prior preference
6%
preferred stock
A
Class
B
—
—
stock
common
stock
common
Page
Collateral
6%
bonds
dated
due 1966
July
Bethlehem Steel Corp., 3 lU% bonds, series F, due 1959_July
Burdines, Inc., preference stock—
—
July
Century Ribbon Mills, Inc., 7% preferred stock—
Sep
Bangor Hydro-Electric Co., 1st. mtge. 3%s
Chicago
1st &
Indiana RR.—-•
ref. mortgage 4V*% bonds, series D, due 1962—Sep
&
Abercrombie
2189
Acme Glove
1968
Addressograph-Multigraph
Fitch
&
pfd. (s-a)
—
preferred (s-a)—j,
$6
Works, 6Va%
2300
1
2301
1
Dominion Tar & Chemical Co.,
1
2302
due
1948
debs., ser. A_Aug
bonds, ser. A,
———July
Emporium Capwell, 1st mtge. 4% bonds, due 1952
July
General Steel Castings Corp.,
1st mtge. 5lk% bonds,
..series A
July
.
5%
2192
Canton
1
1860
1
1861
1
2080
2304
2304
2304
*
Carolina Electric
& Gas
Collateral
5%
trust
bonds
Company
6%
ISSUES
Co.,
Co.,
Axton-Fisher
6%
$5 preferred
Hanna
(M.
A.)
Co,,
Harvill Corp., 6%
Bankers
5%
1768
2309
2309
Extra
2312
2349
2349
1
1
I
Page
bonds, series C, due 1956
1
7-
6-20
4,888c
7-
1
6-20
1
6-19
Guaranty Trust Co.
(N. Y.)
$3
7-
1
6-14
1
6*15
Guilford Realty
(Bait.)
$1
6-29
6-19
7-
7-15
7-
8
6%
preferred
7-
1
7-
1
6-15
Hartford-Connecticut
7-
1
6-15
Hawaiian
7-
1
6-20
Heller
(M.
3
A.), $5 preferred
preferred
7-
1
6-
7-
1
6-15
Hollingsworth
7-
1
6-13
Honolulu
6-15
6-30
6-
6
6-20
c
6-30
6-20
6-15
6-10
7-
1
7-
Hercules
Co.
6-15
6%
6-20
Ideal
6-20
1
6-
8
6-10
6-
2
15c
6-30
6-20
433/4C
6.30
6-20
Corp.
(quar.)
25c
&
Whitney (quar.)
Transit, Co.
Bearing—
&
Fibre
(quar.)__
common
$1,
6-30
6-15
6-15
1
6-30
7-31
50c
7-
1
6-16
25c
6-
1
5-25
871/ac
6-
1
5-25
33/4C
8-
1
6-30
25c
50c
6-26
6-16
7-
3
6-20
20c
6-20
6-12
Interlake
6-30
6-16
International
7-
1
6-30
6-16
6-20
871/2 c
—
—
Pneumatic Tool Co
preferred (quar.)
Institutional Securities, Ltd.—
——
Group shares (s-a)—
Co._—
of
6-30
6-16
7-
5
6-21
International
50c
7-
1
6-20
Iowa
311/4 c
7-
1
31 'Ac
7-
:
t$1.75
(quar.)
(s-a)
8-
1
7-
3
t83/4c
—
Utilities
8-
1
7-
3
1
6-15
1
6-15
90i/ac
7-
$2.10
7-
Co.—
7-31
6-30
Jefferson Electric Co
7-
3
6-20
Johansen Brothers Shoe Co
(quar.)—
certificates
arrear
(accum.)_
certificates (accum.)
7-1
7-
1
6-15
25c
7-
1
6-
7
15c
6-15
6-
1
50c
6-30
6-15
5c
6-1
5-25
$1.25
7-
1
6-15
$1.75
7-
1
6-14
$1.50
7-
1
6-14
20c
6-30
6-19
25c
6-12
6-
40c
6-15
5-31
20c
6-30
6-20
10c
6-30
6-20
25c
7-15
7-
7-
1
6-17
10c
10- 2
9-15
$2.50 preferred (quar.)
Lexington Telephone Co. (quar.)
62y2c
10- 2
9-15
60c
6-15
12V2c
6-30
6-17
25c
6-30
6-17
of America
(C. E.)
(accum.)
_
(quar.)__
& Co. (quar.)
50c
7-
1
6-15
Kansas
7-
1
6-17
Kansas Gas
50C
6-13
6-
10c
6-26
6-12
7% pfd. (quar.)
(quar.)
;
Kelly Island Lime & Transport Co. (quar.).
20c
6-30
6-20
Kendall
20c
6-30
6-20
Kittanning
(quar.).
$1
7-
1
6-17
La Plant-Choate
pfd. (quar.)..
(qqar.)—
$1.25
8-
1
7-10
Corp.
...
Telephone,
preferred
com.
(irreg.).
——
...
Hanover Bank
—
—
& Trust Co.-
York Power 5%
Patricia Gold Mines
Electric
Co
Chefford Master Manufacturing
(N. Y.)
....
—
3
Chicago Electric Mfg. Co., class A (accum.).
Chicago Great Western Railway Co.—
(quar.)
$6
Electric Power
(quar.)
& Electric
preferred
Co.
Telephone
Mfg. Co., common
Extra
6-30
6-
121/2 C
6-24
6-15
$1 convertible preferred
Lambert Co.
5c
6-15
6-
Leath
7
6
7-
1
6-15
50c
7-
1
6-20
&
(quar.)_
——
$3c
45c
Chemical Bank & Trust
1655
Co.,
(quar.)—
37 y2c
common
—
50c
7-
1
6-20
class A (quar.)_„
$1 conv. preferred (quar.)
Lipton (Thomas J.), 6% preferred (quar.)__
621/2 c
7-
1
6-20
Locke
75c
7-
1
6-20
Cincinnati & Suburban Telephone Co. (quar.).
85c
7-
1
6-20
Lockheed
Cleveland
50c
7-
1
6-15
Loews
$1.12'/a
7-
1
6-15
$1.50
7-
1
6-20
Lone
$1.75
7-
1
6-20
Louisville
35c
8-
1
7-
$1.25
7-
1
6-17
5%
2195
preferred
L
_!
(accum.)
common
i-
(quar.)
$3 convertible preferred (quar.)
*
Colonial
Oct
1
1447
Commonwealth Edison
1
2304
15
1764
$4.50
Electric
pfd.
Ice,
Illuminating
common
(quar.)
preferred class B
$6
$7 preferred
(quar.)
(quar.)
i
(quar.)
$6 preferred (accum.)
Approved by the SEC
621/2 c
6-30
6-16
7
June 3.
on
Conn.
2199
Consolidated Bakeries
1
2305
21
1865
(quar.)
Ltd.—
Consolidated Investment
Trust
(quar.)
Special
1
1976
1
1
2234
Consumers Gas
1766
Continental Raking Corp. 8% pfd.
Continental Bank & Trust (N. Y.)
Cnrroon
Co.
(Toronto)
(quar.)
2234
Crum
2307
8%
2308
&
Forster
preferred
common
1
6-10
6-30
6-15
6-30
6-15
Marconi
$$2
7-
3
6-15
Amer.
Common
6-16
Margay Oil Corp.
1
6-16
Marine
$1.50
7-
1
6-23
Marine
Midland
9-30
9-19
3
Corp.—
(A.
McKee
Common
class
(quar.)
30c
6-30
6-16
McLouth
50c
6-'>0
6-19
$1.75
6-30
6-15
30c
6-26
6-17
311/4C
6-26
6-17
5%
A
(quar.)
convertible preferred (quar.)
6-30
$1.25
7-15
6-30
20c
$1.75
$1.75
G.)
Steel
McWilliams
Mead
1
6-15
7- 1
6-19
10- 1
9-18
7-
Y.)—
7-
1
6-15
50c
7-15
6-30
91/5C
25c
6- 6
7-10
5-22
7-
1
Trust
6-16
6-22
6-15
7-
1
6-15
6-24
6-15
75c
9-
1
8-15
(initial)
25c
7-
1
6-2i
(quar.)
75c
7-
1
6-2
35c
6-15
6-
I2V2C
7-
1
6-1
75c
7-
1
6-1
\
e-1
8c
Co..
(N.
Department Stores..
McQuay Norris Manufacturing
6-16
pfd.
6-30
7-15
(quar.)
Mav
6-20
7%
7-25
3iy4c
(quar.)
Reserve Power $5 pfd.
Mascot Oil Co.
30c
Davega Stores Corp., common
(N.
Marion
$2
class
Co.
6-16
371/2C
com.
Midland Corp.
7-
6-20
n.
1
7-15
6-20
6-30
50c
7-
30c
6-17
6-30
deposit rets, for ord. regis, (interim)
(quar.).
Cub"n-A'nerican Sugar,
Trust
7-
6-23*
6-16
6-30
6-30
37y2c
(quar.)
$2
(quar.)
non-cmn.
(Ky.)
........
par)
20c
7-17
6-17
6-16
6-26
7-
Internatl Marine Communication Co.
class A
$2
Elec.
(quar.)
$2 convertible preferred
Common
Cimtiss-W^ifrht
&
($25
Manufacturers
25c
Crum & Forster Insurance Shares
and
Gas
Corp.
(quar.)—
(quar.) —
(quar.)—t
B
Cement
(accum.).
^ Ravnaids
$6 conv. pfd.
Crown Cork & Seal Co
2234
...
1
7-
1
6-26
50c
(quar.)
5% pfd, ($100 par) (quar.)
Manhattan Co. (N. Y.)
(quar.)
Manischewitz (B.) Co., 7% preferred (quar.)
7%
preferred (quar.)
7-
1
50c
Corp..
(quar.)
pfd.
75c
6-
50c
Star
6-15
3
30c
37»/2c
(quar.)
Extra
30c
$3 pfd.
of Canada,
Quarterly
Chain
Aircraft
Inc.
5%
7
20c
Steel
Extra
30c
1659
19
Corp.
—
$20c
Gas & C^ke Securities
15
6-15
$1.95
$1.80
dividend arrear certificates
50c
> *:
.
(s-a)
&
arrear
dividend
Lipe-Rollway
«:
pfd.
Cannon Mills Co
Electric
dividend
6-29
Canada—
Telegraph Co. (Me.)
Southern
8-17
1
8-
Industrial Credit Corp,,of Lynn com. (quar.)
7%
9-
6-30
$$2
20c
Independent
$5c
6-30
7-15
25c
6-19
7% preferred (quar.)_.
7% preferred ($5 par)
6-20
7-15
$1.50
$1.50
Co.
1
6-30
quarterly)
6-20
Nickle
2
5
7-
10c
common
preferred (quar.)
Co. (reduced
Steamship
66-
$1.25
*
Corp.,
Cement
Insurance
6-20
1
6-12
6-15
50c
6-20
...
7-
50c
35c
—
Household Finance Corp.,
5% preferred (quar.)
1
6
7-
(quar.)
com.
Rapid
Hummel-Ross
7-15
7-
(quar.)
(quar.)—
Motors
Ball
Hoover
50c
75c
30c
Trust
Agricultural Co
(Walter E.)
6-20
—
(accum.)
6-24
Hanna
(quar.)
$1.75
2299
2014
Co.
Jamieson
1863
17
7-
6-20
6-30
2303
Jun
6-17
1
7-31
Century
2914
1
7-
6-28
—
1
6-19
7-
31V4c
Investment Co.
1
1
17
6-
6-29
6-15
6-15
8
Jun
6-30
6-20
6-20
7-15
1968
1
6-15
7^0
7-
1
7-15
preferred (quar.)
(quar.)
...
,j>
7%
Industries,
Central
bonds, series B,
iqfil
4Vs>%
7-
$$1.50
6-15
3
62Vic
7-
$$1.75
(quar.)—— •'<
Class
A, (quar.)-L
.jt ;j$$i.25
$$1.25
Class B (quar.)
t.
—?<1
-$$2
Canadian Oil Co., 8% preferred (quar.)^^s.-.—
Canadian
1863
July
6-10
24c
6%
.
General mtge.
6-15
7%
Central New
1801
1
7- 3
6-20
6y2%
July
July
notes
7-
3
6-20
1859
1801
621/2C
7-
Assur.
6-20
2298
1
6-30
$$3.75
West Life
7-15
conv.
1
July
6-17
1
(Winnipeg) (quar.),.
Greenwich Gas Co., common (irregular)
$1.25 participating preferred (quar.)
Participating ;
Commonwealth & Southern Corp.—
Baragua Sugar Estates, income debs, and notes
Companias
Azucareras Punta
Alegre,
S.
A.,
1
7-
6-17
6-20
Carpel
1
7-
1
1
Carnation Co.
19
6-17
$1.75
7-15
7-31
5%
preferred class B
1
—July
1
7-15
$10c
(special)—
$2.50 prior preferred
6
7-
5c
$75c
Butler Brothers,
Chicago Pneumatic Tool,
July
Oct
July
6-15
30c
$321/2 c
—
(quar.)—
2302
1st mtge. 4y2% bonds, series A, due 1962—July 15
Pennsylvania Co., 4% secured bonds due 1963
Aug
1
Punta Alegre Sugar Corp.—
Republic Steel Corp., genr mtge.'4V2%
1
......
Otis Steel Co.,
due
Co.
1
(quar.)_
Imperial Bank cf Canada (quar.)—
Incorporated Investors
common
2197
Department Stores, Inc., preference stock—Jun
Keith-Albee-Orpheum Corp., 7% preferred stock
—Jun
Libby, McNeill & Libby, 1st mtge. 4% bonds due 1955—Jun
Marathon
Paper Mills Co., 6%
preferred stock
July
Mengel Co., 1st mtge. 4(As, due 1947
Jun
Mississippi River Power Co., 1st mtge. 5s, due 1951
July
National City Lines, Inc., $3 conv. preference stock
Aug
National Container Corp. 15-year 5y2% debs., due 1952_Oct
New Jersey Power & Light Co.—
1st mortgage 4y2% bonds due 1960
Jun
$6 preferred stock
.
July
income
7-
(quar.)
25c
of Phila.
6-20
7-
25c
Great
-
6-19
6-30
$1.12V2
35c
common,,
6-15
40c
preferred (quar.)
.
preferred (quar.)—
Watch
(Irregular)
Co.
preferred
6-19
7.
17Vic
(quar.)_,
6-24
5%
6-21
7-
2Vic
pfd.
Great American Investing (quar.)
Great American Insurance (N. Y.)
50c
3y2%
Bulova
Steel
T.)
6-21
7-
$62'/2c
A
6-15
$20c
—
Jun 25
Kaufmann
joint
Co.,
(quar.)
(quar.)
6-16
$1.12 Va
■
.—
,(E, L.)
(W.
6-16
7-
^63c
6- 5
371/2
—
preferred (quar.).
Bruce
City
6-16
7-
(Canada)
1
25c
.....
.
common
Ltd., $1.30 pfd. (quar.).
Brewer (C.) & Co. Ltd.———.
—
Briggs Manufacturing Co. (quar.)—
British Columbia Elec. Power & Gas Co. Ltd.—
6%
Co.
7-
20c
(quar.)
convertible preferred
Brantford Cordage,
2237
Granite
6-20
7-
$1.50
—
6-15
.
25c
(quar.)——
4VSj% preferred (initial quarterly).
Borg-Warner Corp. (quar.).____—
Bralorne Mines Ltd. (quar.)—.
2310
2310
6-28
6-17
7-1
$1
(quar.)
preefrred
6-30
6-30
(quar.)-.
6-28
35c
(quar.)
(Boston)
Laughlin, Inc., common
Bliss &
Bond Stores,
i
Inspiration Consolidated Copper Co.—
1st mortgage 4%
bonds due 1952
Florida
7-11
5%
Rubber
&
6-15
7-25
50c
(quar.)_
(quar.)
Graham-Paige Motors, 5%
Grand Valley Brewing
7%
Y.) (quar.).—
(quar.)——
Y.)
2193
bonds, series A, due 1953_!
5
7-15
25C
Illinois Power Co.—
1st & ref. mtge.
7-
Tire
Common
—
(N.
Co.
(N.
July 15
Aug. 15
—July 1
(income) bonds due 1945
1st mtge. 5% bonds, due 1947
7-15
Goodyear
5
25c
2308
2308
pfd.
Stock
$1.75
Automobile Insurance Co. (Hartford, Conn.)
Trust
41/2%
(Phila.)
$1.50
(quar.).—...
...
Corp——_—
Barrister Hall
Co.
$1.25
6%
Holyoke Street Ry., 1st
6-
15c
common
$6 pfd. (quar.)
1858
preferred stock
Ltd., 6% bonds dated 1909
6-17
6-15
15c
...
.
Co.
Rubber,
$1.50
Central
$5 preferred stock
6-20
1
& Electric—
Works
Manhattan
&
1
$1.50
Telegraph (quar.)__
Goldblatt Bros. Inc., $2Vb'preferred
6-20
1
7-
6-16
25c
(quar.)____—
Gold
1
6-15
10c
common___
6-20
7-
6-16
6-30
6-15
66c
common—
6-20
7-
7-
$1.50
(quar.)
(quar.)
$1.50
———
(quar.)..
Trust
pfd.
7-15
7-
7-
25c
Godchaux Sugars Inc., class A
$7 preferred (quar.)
&
6-14
6-26
$35c
;
$6 pfd.
7-15
,
7-
77-
50c
60C
2235
of
$2.67
Instruments
Trust
6-17
7-
40c
621/2c
35c
(quar.)
25c
—St
common.
2298
__
Hawaiian Irrigation Co.,
Hotel Taft Corp.,
Co.,
Canadian Converters Co. Ltd.
1
1
10-
Tire
6-30
1
$1.50
Printing Ink,
preferred
6
6-19
7-
50c
(quar.)
!
Corp.,
Time
6-
6-26
50c
Paint
Girard
6-10
$1
(quar.)—.'
Packing
General
6-10
1
25c
Inc.
Companies Ltd.
Grant
Automatic Voting Machine
Central
bonds
2
9-15*
25C
July
—July
Great Atlantic & Pacific Tea Co. Bldg., 1st 5V2S
6-16*
25c
(quar.).
$7 preferred
1767
1902
Inc., 7% preferred stock
Sep
Chicago, Burlington & Quincy RR.—
Illinois Division mtge. 31/2% & 4% bonds due 1949—Jan
1
Cuban American Sugar Co., 5xk% conv. pfd. stock
Jun 30
Duplan Corp., 8%
Eppley Hotels Co.,
1
20C
—Jun 30
6% debentures due 1952
preferred stock—
.....
7-
37'/a C
2074
Deep Rock Oil Corp.,
6-10
(Irregular)...
Corp.
(quar.)—^—
Centlivre Brewing
1
Century Ribbon Mills,
6-20
1
6-15
$2
(s-a)-.-.
of Pittsburgh
(initial)
$6
1
77-
$6
(quar.)
General
7-
25c
v
Class B (quar.)
Food Machinery Corp
12-20
(increased quarterly) —
Corp. (irregular).
Arkansas Power & Light,
1902
Date
partic. income debentures dated 1932
July
guaranteed bonds, due l969_July
1-2-45
$1.50
———
_\—
preferred (quar.)
5%
Canadian National Ry., 5%
6-20
561/4 c
—
Optical Co.
American Wringer
*
——July
stock
7-1
25c
..
Growers
American Republics
7%
....
Bank
6-20
37'/2c
(quar.)
of Pennsylvania (quar.)
Co.
6-15
6-30
6-10
(N. Y.)
$6 preferred (quar.)
25c
————
—
American International
Baragua Sugar Estates—
15-year
common
Anchor Hocking Glass Corp.,
CALLED
—_
6-
General Insurance (Houston, Tex.)
6%
due 1949—
Preferred stock——
Tobacco Co., preferred
debentures,
Autocar
Hoe
& Hoe,
.
6-15
1
7-
50c
& Traction
Fifth Avenue Bank
Finance
6-20
7- 1
20c
(quar.)
(quar.)
& Co.
Federal Light
1
6-15
$1.50
Buffalo Ankerite Mines—..-
and Issue—
Fork &
(Fred)
1
37V2c
'
B
General
$3
American
preferred stock—
July 15
American International Corp., 20-year 5V&% convertible
American
3
5c
(s-a)
Fruit
2305
2311
Willys-Overland Motors,, Inc., 6% pfd. stock (par $l0)_Aug
Wisconsin Public Service Corp., 1st 3'As, due 1971—-July
ENTIRE
Fork
Broad Street Trust Co.
1953—
6-
25c
—
preferred (initial).
preferred
———
$6 preferred
—Jun 26
July
July
1
20c
pfd. (quar.)—_
American
2311
1
7-
25c
Y.) (quar.)
pfd.
6%
Co
4V2%
American Water
1975
Co.—
due
Fear
6-15
7-
12'/2c
General American Investors,
General Instrument Corp.
3
$3
T«
(N.
Crystal Sugar, 6%
American
2084
1
July
6-
$3
—,—
common
Cast Iron Pipe
American
American Snuff
_
mortgage 3%%
1
$2.50
(s-a)__.
—
American Coach & Body
Bank
bonds due 1973—
Standard Bleachery & Printing Co.—
5Vi% mortgage bonds, series A, due 1946
United Public Utilities Corp., coll. trust bonds—
6% series A, due 1960
5 ]/2 % series B, due 1960
Welsbach Engineering & Management Corp.—
1st
7-
30c
—,
American
.
South
(quar.)
pfd.
conv.
6-10
6-30
$1
Corp. common
pfd. A (quar.)_____.
conv.
$1.50
6-16
6-30
75c
(quar.)__^
:
Finance
$1.50
6-24
25c
(quar.)
Corp., common
Products Co.
Garlock
6-22
7-10
25c
——„
Quarterly
2304
Co.—
July
Johnson
Corp.
Fraser
6-14
—
Extra
-
American
bonds, series C, due 1962—July 1
5.60% preferred stock
——.——July 1
Penn Dairies, Inc., 1st mortgage 6s, due 1949
July 1
Pennsylvania, Ohio & Detroit RR.—
1st & ref. mtge. 3%% bonds, series D, due 1968——July
1
Phelps Dodge Corp., conv. 3Vi% debentures, due 1952—Jun 15
Philadelphia Co., 4V4% collateral trust bonds due 1961_July
1
Pressed Steel Car Co., Inc., 5%. debentures due 1951
July 1
Ruppert (Jacob), 5% debentures due 1950
———July 1
Safeway Stores, Inc., 5% preferred stock
Schenley Distillers Corp., 5Vi% preferred stock——Jun 30
Scovill Mfg. Co., 3V4% debentures due 1950
.
—July 1
Shell Union Oil Corp., 2 V2 %
debentures due 1954
—July 1
debs, due 1955
3
——
Alliance Insurance
American
.
& 1st Hen 3%
27/e%
1
7-
20c
2197
Socony-Vacuum Oil Co., Inc.,
Products
preferred (quar.)__
Evans
6-16
10c
(quar.)
6-24
50c
Fund
6-16
6-16
20c
iquar.)
6-30
5c
Fund
6-30
Ltd
General
(s-a)
Goods Mfg.,
Aluminum
2197
__
(accum.)
Alles & Fisher, Inc
.1
1st. mtge. 5s due 1952——-July
2xk% debentures due 1950.
Jun 21
Houston Oil Co. of Texas, 4 lA rlo debentures due 1954—Aug
1
Hudson River Day Line, 1st mortgage 6s due 1946July 1
International
Rys.
of Central America,
1st lien &
refunding 6lk'/o bonds due 1947——12
Aug 1
Kansas City Gas Co., 1st mtge. 5s, due 1946—
Aug 1
Kansas Power & Light Co., 1st ..mtge. .3 Vis due 1969—July
1
Koehring Co., 10-year convertible bonds...*
I—
July 1
Lafayette Hotel Co., 1st mtge. 5s, due 1947
Jun 15
LeTourneau (R. G.), Inc., preferred stock—;
—.Jun 30
Louisville & Nashville RR.,
unified mtge. 4% bonds,
series B, due I960.
—
—July 1
Luzerne County Gas & Electric Corp.—
1st mortgage 31/3% bonds due, 1966——„—
July 1
Munising Paper Co., 1st mortgage 5s due 1947
—-July 1
New York City Omnibus Corp.—
New York Rys. Corp., prior lien 6s, ser. A. due 1958—July
1
New York Power & Light Corp., 1st mtge. 3%s due 1964_July
1
Paducah & Illinois RR., 1st mtge. 4Vis, dated 1915
July 1
Eastern Pipe Line
preferred
Guaranteed
Hartford Times, Inc.,
1st mtge.
7-
Youngstown RR.—-
&
Allegheny & Western Ry. Co., gtd.
Georgia-Carolina Power Co.,
Panhandle
$3
$1
*
Ltd., 4xh'f>
6-16
50c
121/2c
Formica Insulation Co.
$$3.25
!_
—
Casualty & Surety Co. (quar.)^
Aetna Life Insurance Co. (quar.)
2300
1
Payable
of Reo.
6-19
Aetna
Akron
Ry., 4y2%
1
Florsheim Shoe, class A
Holdere
When
I hare
Name of Company
2188
1
1
Massachusetts Street
7-
(quar.)
class A
12VaC
First National
Per
2188
1
1
1
1
—Aug
Consolidated Cigar Corp., 3 Vi % debentures due 1953
July
Dayton Power & Light Co,, 1st mtge.3% bonds due 1970-July
Dominion College of St. Thomas Aquinas and Domini¬
can
Fathers, Province of St. Albert the Great, 1st
mortgage serial bonds dated 1941.
i,,
July
Eastern
6-16
Howard Stock
4%
Industrial and Miscellaneous Companies
2298
Terminal Co.—
3% % bonds, series E, due 1969
1st mortgage
1
First National Stores
Western
Cincinnati Union
7-
Endicott
The dividends announced this week are:
*
1857
July 31
1934————
5-24
Electrical
show the dividends
we
Service Corp.—•
trust
1
5-25
First National Bank of Boston
2185
4 % % bonds due 1951——Jun 19
Allied Stores Corp., 4xk % debentures due 1951
—Aug 1
American Bemberg Corp., 7%
preferred stock
July 1
Utilities
1
6-
declared.
2241
Gas
American
1
7-
Howard Balanced
which have not yet been
2241
Date
and Issue—
Co., 1st mtge.
Company
Alabama
7-
6-12
Family
which
2241
REDEMPTION
PARTIAL
7-15
previously announced, but
paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
2241
——-Jun 21
Jun 21
.Jun 21
—-——Jun 21
—
7-17
7.15
<quar.)
Eddy Paper
In the
bring together all the dividends announced the
week.
Then we follow with a second table in
we
current
Watch Co.-—
Waltham
Class
first
7-15
6-17
7-31
$1
Ecuadorian Corp.
grouped in two separate tables.
are
1
40c
Eaton &
Dividends
6-10
8-
6-30
75c
common__„i.
$2 convertible preferred
Pennsylvania RR.—
Philadelphia
Co.
(quar.)
Manufacturing
Eaton &
General mtge.
6-20
$$2
Class B
2306
6-17
25c
(monthly)„_„„.
Easy Washing Machine,
in this issue.
Page
.
(quar.)
6-16
6-30
Racing Association (irregular$4
Steamship Lines Inc., common
*25c
Eastern
1
6-15
30c
$4 preferred A
1808
of Reo,
7-5
25c
Duff-Norton
1
ing Co., 5% debentures, due 1954
—July
Youngstown Sheet & Tube Co., 4% conv. debs. <$ue 1948_July
of 'Canada
Chemical
Dow
2248
Holden
1
$1
Monthly
2348
7-
20c
Dominguez Oil Fields
2348
When
Payable
$1,50
(quar.)
Dominion Bank
(The), 5% notes due 1948-1949
July 6
Public Service Co.—1st mortgage 3%%
bonds due 1972
.-Jun 26
Sinking fund debentures due 1957
—_Jun 26
Webster Eisenlohr, Inc., 7%
preferred stock
Aug
1
Westchester Lighting Co.-New York Westchester Light¬
•Announcement
1
a
Electric
Virginian Corp.
TENDER
and Issue—
Company
Delta
2237
Virginia
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location
which the details were given in the "Chronicle."
pfd. (quar.)
Dayton & Michigan RR., 8% pfd. (quar.)___
Decca Records Inc. (quar.)__
Pacific Co.—
Southern
list of corporate bonds, notes,
a
Name ot Company
a
1
4% gold bonds—Central Pacific stock coll. due 1949—Dec
1
Central Pacific Ry. Through Short Line 1st 4s due 1954_Oct.
1
Stearns
(Frederick) & Co., preferred stock.
—Jun 30
Below will be found
Per
thare
Page
Date
and Issue—
Company
St.
2449
& Co.,
Corp
Dredging
Johnson
class B
&
Co.
Co
(quar.)
Y.)
(quar.).
(quar.)
j
30c
$1.25
lc
^
Extra
Meyer-Blanke Co.
(irregular)
35c
6-12
6-20
6-
Per
preferred
Payable
1
6-
$1.18%
5-20
Union
6-30
$1.50
Twist
United
Montana-Dakota Utilities, common'——
5%
preferred (quar.)
Montreal Telegraph (quar.)
.
—-
7-
1
6-15
IOC
7-
1
6-15
U.
6-15
U, S,
6-15
pfd. (accum.)—
—u.—
Jl1
Plywood Corp,, common (quar.),—__
30c
$1.50 convertible preferred (quar.)———
$1.18%
United Steel & Wire Co. Inc. (quar.),
15c
United Stores, $6 preferred (accum.)
$3
Universal-Cyclops Steel Corp.
—
—25c
Upson Co. 7% pfd. (quar.),
—
$1.75
Van de Kamps Holland Dutch Bakers, com._
15c
$6.50 preferred (quar.)
$1.62Vi
Vapor Car Heating Co. (quar.),—-——.— '
50c
Viau Ltd., 5% preferred (quar.)———J$1.25
Victor Chemical Works
25c
6-20
6-13
6-21
$1.18%
7-
3
20c
7-
1
6-10
7-.1
6-10
$1,37 Va
1
8-15
50c
9-
20c
6-30
6-16
7-
6-21
,
$1.25
1
40c
7-
1
6-21
50c
7-
1
6-21
93 %c
7-
1
6-20
WJR
50C
7-
1
6-12*
Waialua
$1.75 V
7-
1
6-12*
$1.75.
7- 1
6-12*
& Decatur RR.
Grocers
7-
1
6-
8
7r
1
6-
8
15c
Supply, $2 preference (accum.)
5Vi% prior preference (quar,),,™
6% prior preferred (quar.)——
Navarro Oil (irregular)
7-15
6-30
$1.37 »/2
6-30
6-30
1
6-20
15c
Baker & Co._;
——-—-—
New Hampshire Fire Insurance (quar.)
NY & Harlem RR., common -(s-a)—-—'
7-
6-30
6-26
1
6-14
White
6-16
7-
1
6-16
7^ 1
6-15
(quar.)—
™—,—
50c
$4 conv. preference (accum.)
50c
Wieboldt Stores Inc., $5 prior pfd. (quar.),,
$1.25
6%
preferred (quar.)—75c
Will & Baumer Candle, common
10c
8- 1
8-1
7- 1
7-1
6-15
$2
10c
7-1
6-30
5 3/10c
20c
$1.50
$1.75
6-7
7-1
7- 1
1
7-
1
6-30
7-
1
6-16
preferred (quar.)
7-10
$1.50
$25c
Co., 6%
6-30
6-
3
6-19
6-15
50c
6-
6-15
7-15
6-30
10c
6-28
6-19
$1.50
7-15
6-30
7-
50c
Pipe Line—
Common (increased)
—
5.6% preferred (quar.)
Pennsylvania Exchange Bank (N. Y.) (s-a),
Pfaudler Co
,
6-26
75c
40c
6% pfd. (quar.) —
Philip Morris & Co., common (quar.)—.
4Vi% preferred (quar.)————-—---—.
4Vi % preferred (quar.)——
Phillips Packing Co.
Phoenix Insurance (Hartford) (quar.)——-.
Pittsfield Coal Gas (quar.)—————
Plough, Inc. (quar.)—;
Phila. Suburban Transp.
Fuel
Pocahontas
—>
1
6-15
6-23
1
7-14'
8-
8-
1
7-14
Extra
■.
6-12
7-
1
6-15
6-23
6-17.
1
6-15
5-29
Huron Sulphite & Paper—
4% preferred (quar.)
———
7-
$1
Pressed Steel Car.,
1st preferred
5 7c
2nd
(quar.)
Providence
Publio Service
$6
1
1
6-12
7-1
6-12
6-15
6-5
25c
6-28
6-9
.
————
$1.25
preferred (quar.)—
preferred (quar.)
!
6-15
5-31
$1.50
.
6-15
5-31.
1st
preferred
6-12
6-15
6-
6-15
6-8
——
10c
8%
preferred (quar.)————————
Reed Drug, common (quar.)
Class A (quar.)
———
——
Reed
•
-
7-1
2VsC
(quar.)—
(quar.)
87V2C
2V2c
$3.50 conv.
Rands Inc., common
Roller1 Bit-
—
convertible preferred
Reliance Elec.
——
6-15
6-15
6-30
6-21
7-
1
6-17
50c
7-
1
6-17
37 Vic
Engineering Com
$5 conv. preferred (quar.)-!
Reliance Mfg. Co. (111.), common
7% preferred (quar;)
—
Reo Motors, Inc. (irregular)
Remington Arms, 6% preferred (s-a)_
Revere Copper & Brass, 7% pfd. (quar.)
5y4% preferred (quar.)—
—
Reynolds Spring Co
—_:
7-1
6-171
25c
6-23
6-16
$1.25
-
8-
1
7-20
30c
!,,
8-
1
7-21.
1
6-20
25c
6-30
6-20
$3
6-15
6-
$1.75
—
-
$1.75
—
7-
8-
1
7
7-10
$1.31 y4
-
8- 1
7-10
25c
6-30
6-15
.
25c
(quar.)—————
Safeway Stores Inc;, common (quar.)
5% preferred (quar.),
St, Louis Bridge, 3% 2nd preferred (s-a)
6-26
6-20
15c
6-30
6-14
75C
—
Rome Cable Corp.
7-
6-15
1
6-15
7-1
6-15
American Chicle
7-1
6-15.
50c
6-14
6-10
Selected
19c
6-30
6-20
—
Shares Inc
Semler (R. B.)
Inc. (Initial quarterly)
Sheep Creek Gold Mines (quar.)
Signal Oil & Gas Co., class A (quar.)
15c
Oil
6-5
6-27
6-19
20c
$1.25
$1.25 '
Smith (L. C.) & Corona TypewritersCommon (quar.)
;;
preferred
6-15
$1.62 Mi
Corp.
(increased)
Skenandoa Rayon Corp.—5% prior preferred (quar.)
5% preferred class A (quar.)
$6
6-
$$2
—
-
Sinclair
6-30
25C
Simpsons, Ltd., 672% preferred (accum.)
6(4 % preferred (quar.)
6-23
7-15
6-15
50c
„
Simmons Co.
6-30
$3c
50c
8-1
6-30
1
6-30
7-15
7-1
7-
1
6-10
6-10
50c
7- 1
6-13.
$1.50
7-1
6-13
40C
(quar.)
6-10
6-
Smith Alsop Paint & Varnish (resumed)
Solar Aircraft Co. 50c conv. pfd. A (s-a)
Southern Advance Bag & Paper (quar.)_
25c
7-15
6-30
25c
6-30
6-20
South West
50C
7-
1
6-15
$1.25
7-
1
6-15
$1.75
7-1
6-15
50c
6-30
6-17
7-
6-30
Pennsylvania Pipe Lines (quar.)
Southwestern Gas & Elec., 5% pfd. (quar.),
Springfield Gas & Electric, $7 pfd. (quar.)
Square D Co., common—
—
5%
preferred
(quar.)—
$1.25
1
1
Standard Fuel Co. Ltd., 6Vi%
pfd. (accum.).
$$3
7-1-
6-15
Standard Screw,
30c
6-30
6-17
common
6%
preferred A (s-a)—
Stearns (Frederick), 5% preferred
—~I~I~
LI
Steel Products
Engineering Co. (quar.)—
Stokely Brothers, 5% prior pref. (quar.)
Consolidated Mines (interim)
Sun Life Asurance
(Canada) (quar.)
Sunset McKee Co., $1.50 class A
(quar.)
Class B (quar.)— i.
Tappan Stove
6-30
6-15
25C
7-
1
6-22
12c
7-15
6-15
7-1
6-15
$$3.25-
(accum.)
Toklan Royalty, class A (s-a)
IIIIIIII
I—III
I_III
American Felt
6%
Co.,
4%%
common
(irreg.)
(quar.)
preferred
& Electric,
American-Hawaiian
6%
conv.
American
5%
IIIIII
6-30
6-
9*
6-
1
5-22
6-
6-15
6-16
6-10
7-
5
1
6-15
6-
1
6- 9*
6-
9*
6-15*
6- 5
5
1
6-
i
6-
1
6-30
6-15
7-1
6-12
6-15
7-1
6-10
6-
1
7-1
6-10
7-1
9-1
12- 1
< 6-12
6-10
6-15
6-13
7-1
6-15
7- 1
8-25
11-25
6-
1
6-
5
6-1
6-15
5-16
6-
2
7- 1 •
7- 1.
6-20
25c
7-1
6-10
6-14
6-
6-20
5
& Leather—
preferred
(quar.)
75c
6-
6-12
7- 1
20c
1
6-14*
6-15
6- 2
37 Vic
6-15
6-
2
6-15
6-
7.
25C
6-30
6-15
6-12
6-
3c
-6-15
5-31
60c
6-15
5-31
7-
1
6-15
American Manufacturing
$1
non-cum.
American
preferred
News
Co.
Co.,,
*
Corp.—
(s-a)
(bi-monthly)
!
$3
7-
1
6-10
7-
1
6-13
American Public
50c
'6-30
6-20
Class
A
(s-a)
6-15
7-1
6-
(quar.)
1
6-20
7-
1
6-20
6-30
6-15
1
(W. H.)
.
Refractories
——-—-
5-31
Welfare Trust—
6-15
6-
1
3
6-15
5-31
6-30
6-12
1
6-12
7-
7-
6-15
7-
6-15
7-
6-15
7-
6-
a
7- 1
6-
5
7-3
5-31
7- 3
5-31
5
6-15
6-
7-15
6-23
6-15'
6-
1
6-30
6-10
6.-30
6-13
6-30
6-15
6-30
Extra-
6-15
5-31
25c
6-15
6-
7-
1
6-20
■7-
1
Blaw-Knox
Co.
(quar.)—————
Mfg.
———
6%
pfd.
(quar.)—
,Blumenthal (Sidney), 7% preferred (quar.)
Bohn Aluminum &u Brass Corp._________—
Booth
(F. E.)
$3 preferred
Co.,
Borne-Scrymser Co. !
Boston & Albany RR
Boston
Boston
Garden-Arena
Boston
Wharf
Corp.,
Boston Woven Hose & Rubber,
Bower
Roller
Brach
(E.
,
.——
6% pfd. (s-a)
Bearing
J.)
& Sons
Brandon Corp., class A
(quar.)
(accum.)
Brazilian Traction Light & Power
6%
Class
Bristol
A
(quar.)
British
,
Brass
—
Columbia
Oil, Ltd.
Power,
(quar.)
$5 prior preferred
(quar.)—
(Birdsboro, Pa.)
(quar.)
Bruck Silk Mills Ltd.
(interim)
Brunswick-Balke-Collender common
$5
preferred
(quar.),
1
6-15
7-31
7-15
7-31
$1
62VaC
62y2c
75c'
$1
7-15
6-15
6-
5
1
6-15,
6-15
5-29
7-
6-30
5-31"
7-1
6-ld
5-26
5-23
6-30
6-
1
6-15
6-
1
6-20
6-
9
7-
$$1.50
25c
$1.37y2
1
6-10
6-30
6-23
6-15
4-27
7- 3
6-15
6-30
6-16
6-30
6-16
6-30
6-15
6-15
6-
6-15
5-31*-
7-
1
6-13
1
6-15
6-15
5-31
7-
50c
75c
7-
$25c
$40c
3
6-
1
6
:—
————*
7-15
6-30
15c
6-14
5-31
$1.25
class A
& G.) Iron Co.
Brown-Forman Distillers—
7-
25c
—l—
common
6-29
$$1.50
.
Briggs '& Stratton Corp
!—
—-—
Bright (T. G.) & Co., Ltd., 6% pfd. (quar.)
Mfg.,
6-20
1
75c
(interim),
Bridgeport Brass Ccf., common,^———
5% convertible preferred (quar.)——
Bridgeport Gas Light Co.——————i—
Brillo
6-12
7-
35c
—
(quar.)
preferred
6-15
6-30
$9
75c
$3
50c
37J/2c
$1.50
$1
(irreg.) —
pfd.
(irregular)
Co.
6- 1
6-30
——$2.50
■
$1.25
(quar.)
Railway
Elevated
(accum.)—
—.——,r__—
I
1
7-10
.
——•
(Sra)—, '
class A
2
66-
6-15
75c
class A (quar.),,
Class B (quar.)—;
Bondholders Management,
6-
6-15
40c
15c
$1.50
$1.75
—
'Bloch Bros. Tobacco Co.,
Ami Company,
5
6-15
2yac
—
——,—1~
& Decker
Black
6-30
10c
.
5-29.
6- 5
6-15
7-
.
preferred, (quar.)
;
——
75c
Best & Co., 7% preferred (quar.)—$1.75
.Birmingham Water'Works, 6% pfd. (quar.)
$1.50
Bishop Oil "Co. (quar.),—;——
.—a,—
2y2c
6-15
•7- 5
1
7-15
-6%
Bucyrus-Erie
■
7-
Cement—
Limestone &
Bessemer
6-15*
7-15
6-15
6-20
6-15
——-
6-15*
'
6-
1.
——
Benton Harbor Malleable Industries
7- 1
7-1
6- 8
5-31
6-15
'
.
50c
.$1.25
6-15
5
7-
10c
Belding-Corticelli, common (quar.)—$$1.00
7% preferred (quar.),,,—
—:
$$1.75
Bell Aircraft Corp.—
$1
Bell Telephone Co. of Canada (quar.),
$$2
Belmont Radio Corp. (quar.)
;—
:—15c
Bendix Aviation. Corp——
———
75c
Beneficial Industrial Loan, common
30e
; • $2.50 .prior pfd.
(series 1938) (quar.)
62V2C
Bensonhurst Nat'l. Bank (Bklyn.) (quar.)—.
$1
Buckeye Pipe Line Co
5-31
6-15
(quar.)—i.,—i——U2VzC
Inc.,———,
6-10
6-16
6-
6-13
6-30
6-16
6
5-31
Brooke (E.
6-15
1
6-15
6-15
12%c
5-31
7-
6- 5
7- 1
7- 1
7- 1
7-1
6-12
50c
25c
$1.75
30c
$1.75
$3.50
6-15
7- 3
6-
50c
American Paper Goods, 7% pfd. (quar.)—
American Public Service, 7% pfd. (accum.),
€-20
6-
1
6-30
62y2c
.
1
1
7-
(quar.)—
—,i—_7y2c
(quar.)———
$$2.50
Co.—
———,a_——^
,25c
6-15
American National Finance
6
& Foundry
Metals,,,
&
5-22
6- 5 :
25c
5% preferred (quar.)
American Meter Co
American Machine
American Machine
7- 5
6-15
20c
preferred (quar.)
'
(quar.)
American Locomotive Co., common (irreg.),
7% preferred (quar.)
i
1
6-15
8-
6-30
British American
of Illinois—
convertible
preference
6-
6%c
75c
(s-a)__,
2
6-12
7-
——-
—r_
25c
preferred
prior
5
6-30
Berghoff Brewing
•6-20
8c
IIIIIIIII
(s-a)
6-10
Co.,—,—75c
Steamship
6-
.
6-15
7^1
-
6-12
8-
—
6-10
6-30
Products (monthly)
American Insulator Corp. of Delaware-
$2
9
5-29
Home
Convertible
6-
6-
$1.18%
15c
12y2C
$1.50
$1.50
6% 1st preferred (quar.),
—;
—
$6 2nd preferred (quar.)
———
American Hardware Corp. (quar.)——
6-30
7-1
6-28
Bastian-Blessing Co., common (quar.)—40c
$5.50 .'preferred
(quar.)
—
$1.37^
Bayuk Cigars, Inc
^—————
37MsC
Beath (W. D.) & Sons, class A (accum.)—
$80c
Beatrice Creamery, common (quar.)—
35e
$4.25 preferred (quar.)
—
$1.06y4
Beatty Brothers,, class A (quar.)
—$50c
Class B
(quar.)™
;
$25c
1% 2nd preferred (s-a)—
—_,—.
$$3.50
Beech Creek RR. (quar.),:
——— ■
50c
Beech-Nut Packing Co. (quar.)——
,
$1
9
6-
40c
American Hair & Felt, .common,—
American Hide
6-
6-15
6-15
(quar.),
6-3
8-1
Investing Corp.-—
(quar.)
preferred
Basic
6-10
6-15
7- 1
7-1
7-1
6-15
6-15
$1.50
:
common
6-12
6-20
—_x—75c
Locomotive Works——
Barber-Ellis of Canada
5-29
6-15
(-quar.)
Corp., common (special),
preferred
American General
6-30
Barber
7-14
30c
$1
(quar.)
—:—.—,,
7% preferred (quar.)—
7% preferred (quar.)
:
———
American Export Lines, Inc
American Factors, Ltd
:
I
5-31
7c
10c
$1.50,
$1.75
$8.75
—
—
6%
5-29.
7- 1
6-29
-
*
6-12
Bank of Nova Scotia
6-15
12V2c
$1.75
$1.75
50c
preferred
American Envelope,
6-
6-30
37'/2C
pfd. (quar.)—
common
Bankers National
6-15
7- 3
68%c
15c
Colortype
American Gas
.
6-15
American Cyanamid Co., class A (quar.)15c
Class B (quar,)—15c
5%
6-30
6-30
5-31
Bon
3V share of class B stk.,
or
37 Vic
$$1.25
_
(irregular)
Underwood Elliott Fisher Co
I
American
Cash
75C
-
.
(s-a)
Toronto Mortgage Co,
(quan)14
Tunnel RR. of St. Louis
Tybor Stores, Inc.
preferred (quar.)
;—
American Cities Power & Light Corp—.
$2.75 class A (optional dividend series) of
6-12
6-24
7-1
6-30
6-24
7- 1
8-1
$1.25
$1.50
& Cigar, common
6-14
6-24
$1
6%
1936.
6-28
6-21
1
50c
-
1
6-12
6-1
1
7-20
75c
30c
—,,
-
25C
preferred
Class B
;
l!_
American Investment Co.
20c
•
Guaranty (San Fran.)—
$7.50
1
.6-17
6-30
,
1
Tennessee Alabama & Georgia
Ry
Title
1
»
—
,
$1.25
7-
,
Sullivan
,
$3
(quar.),,
—
American Cigarette
5
8-15
8-
Extra
6-
6-15
7-
9.
—
6-15
1
7-
7-
6-
Co.,*7%
Can
7-
6-15
25c
-
preferred (quar.)
1
(quar.)
Scott & Williams, Inc.--
(quar.)
6%
6-15
6-15
7-
7%
1
25c
20c
75c
$1.75
50c
$1.25
1
7-1
$2.50
6-
,
5-31
7-
$1.50
$1.75
12'/2c
7- 1
6-30
6-20
7- 1
7-1
7-1
—
American
6-15
6% pfd. (quar.)
preferred (quar.),
!
Building & Equipment (s-a)——,
$$2.50
common
5-31
Bangor Hydro-Electric
1
3
-
7-
1
6-15
6-24
8
6-
————
Note,
6-15
6-
6-15
Amalgamated Leather Cos, Inc.—6% preferred
;
—
American Agricultural Chemical (quar.),.—
American Automobile
Insurance
Co.
(St.,
Louis) (quar.)—
6-10
1
6-16
6-15
35c
$1.50
common
(quar.)—,
50c
Class A (quar.)
43%c
Allied Laboratories (irregular)—15c
Allied Stores Corp., common (quar.)——
«. •
25c
5% preferred (quar.)
$1.25
Allis-Chalmers Mfg., common
—a25c
Alpha Portland Cement
25c
Aluminum Co. of America, 6% pfd. (quar.)
$1.50
Aluminum Co. of Canada, 5% pfd. (quar.)_
$$1.25
Aluminum Industries, Inc. (quar.)—
15c
Amalgamated Electric Corp., Ltd.—-—T
$30c
-
6-20
7-
6-
50c
(quar.)
—
6-20
1
6-1
pfd,,(payment clears all arrears)
prior
1
7-
6-30
Baldwin
.
$1.50
$1.75
$3.75
.
Algoma Steel, Ltd., 5% preferred (s-a)—•—
Allegheny Ludlum Steel, common
——
American Bank
7-
Bangor & Aroostook RR. Co.—
5% preferred (accuin.)^
—;——:—-
6-29
6-29
8- 1..
7- 1
7-1
7-1
preferred (quar.)—
American Chain & Cable, common,^.5% preferred ,,,—i
—
$3
Sangamo Electric Co.
Class B
$4.50
$4.50
.
-—
Allied Chemical & Dye
Allied Products Corp.,
7%
6
6-21
6-17
B/G Foods, Inc., 7% prior preferred
5-12.
6
6-
7-21
6-15
.
#
6-
6-23
6-15
7- 1
7-1
' " $1.25
,
$1,50
—
1st preferred (s-a)
American
Great Southern RR., ordinary^—
participating preferred
Power, $5 preferred (quar.)-..
$6 preferred (quar.)—
——
$7 preferred (quar.)
——
Albany & Susquehanna RR. (irregular)——
$1.25
—-
6%
1
7-1
i2yzc
,
(quar.)—
-
7-
25c
&
Roberts Public Markets-
8
7V2c
,
5%
6-
8%C
——
Reliable Stores, common (quai-,)——
6-15
8
6-26
7- 3
75c
25c
6%
Baldwin
1
6-1Q 1"
25c
75c
——
Common
Alabama
&
7-
6-24
1
25c
—
Axelson, Manufacturing
—
Axton-Fisher Tobacco, $6 preferred———
Bank
Alabama
Alexander
Radio Corp. of America—
6-30
6-30
preferred
Co
(B. F.) & Sons, 6%
Avery
„
6-24
6
7-6
6-30
$$1.75
■*■•••
(New Hampshire)—
7-
6r22
7-1
6-15
35c
$1.25
—
■
I.)—
(R.
.
Alarm
Avondale Mills,
9.
6- 9
7-15
6-12
6-30
12y2c
21V-20
Agricultural Insurance (Watertown, N. Y.)
Quarterly
——,
Special
.'—I——-,.
6-12
7-
25c
-—-
———
—
6-15
7-
__—
Supply Mfg., class A (quar.)_
—
Ball Bearing Mfg. Co
i
—
Aetna Standard Engineering, 5% pfd. (quar.)
Agnew-Surpass Shoe Stores—
7% preferred (quar.)—.—;
—
6-25
1
62V2c
Washington. Insurance
Quarterly
1
7-
25c
————^—
preferred (quar.)—
Progress Laundry
7-
6V4C
common——
5%
$5
$1
40c
—
(quar.)
(J. D.) Manufacturing (quar.)——
Advance Aluminum
Castings-^——-,-—
6-30
$1
75c
20c
Adams
6-
6-30
15c
——■
—
(quar.)——u—.
Aetna
$1
15c
————.
of Reo.
40c
Aero
6-12
Holders
Payable
(quar.)——
common
__—!
preferred
Acme Steel Co.
6-19
50p
Port
Pratt & Lambert Inc.
4%
When
share
of Company
Laboratories,
Imperial Diesel Engine
Co., $3 participating
Fire
5-29 1
6-14
25c
1—:
——
Autocar
Automatic
5-31
6-1Q
$2.50
$1
non-cumul.
—
6-15
1
1
SS Lines—-
preferred (s-a)—
Atlantic Refining Co., 4% pfd. (quar.)——
Miscellaneous Companies
Per
Name
Abbott
25c
——-
5%
Atlas
6-20
1
7-15
$1.12 y2
$1.06 y4
.Atlantic Gulf & West Indies
list does not include divi¬
these being given in the
6-20
7-
75C
6-20
-
t*
5
6-9
7-
———
6-15
7-1
5c
62^20
.7-11
66-
7-
15c
—^
2
1
7-15
—-
Gas. Co——
6-10
7-
$1,50
$1
Arnold Constable Corp..
———*
12y2c
Art Metals Works, Inc. (quar.)——_i.—_15c
Asbestos Corp,, .Ltd. (quar.),.
—
,
120c
Associated Breweries of Canada (quar.)—
$25c
Associates Investment Co., com. (quar,):
1
40o
5 % preferred (quar,)
—;——
$1.25
Astor Financial Corp., 75c preferred (s^a)—
37y2C
Atchisoh Topeka & Santa Fe Ry. Co.—•
1 5% preferred (s-a)
—
$2.50
Atlanta Birmingham & Coast RR.—
/
5% preferred (s-a)—
!———w
$2,50
Atlantic Coast Line Co. (Conn.)—.
:
$1.50
'■Atlantic' Coast Line RR. Co.,—$1.50
Common
Industrial and
Tobacco
(111.), $6 prior pfd. (accum.)
Armstrong Cork Co., 4% conv. pfd. (quar.)
preceding table.
6-10
7-
20c
——
-
Western
6-17
5-31
1
6-13
Surety Co. of New York
Armour & Co.
7-20
Below we give the dividends announced in previou*
6-15
1
6-21
7-
$1.40
7-
6-30
Refining—
(quar.)—,
Sumatra
1
6-15
.
weeks and not yet paid. The
dends announced this week,
Panhandle Eastern
7-
Co.
—————
Ltd.—*
1
1
$1.25
Pacific Lighting Corp.; $5 pfd. (quar.)--—
Pacific Public Service (quar.)
Pacific Tel. & Tel., 6% preferred (quar.) —
,
dep. rets, for 6% pref. regis, (interim)
Wrisley (A. B.) Co., common-!
6% preferred (quar.)———_—
7% preferred (quar.)._*._
6-15
7-1
7-
50c
8% preferred (quar.)
Woodley Petroleum Co. (quar.)...^——_
Amer.
6-15
1
preference
(F, W.) & Co.
25c
Stores
—
Sewing Machine Corp.—
Woolworth
8
6-21
7-
$1.25
Novadel-Agcne Corp, (quar.)—
Ohio Confectionery, $2,50 class A (accum.)—
Pacific & Atlantic Telegraph (s-a)—
3
6-30
$2
Power (quar.)—
Scotia Light &
7-
25c
Northern
,
—
Stamping
Steel Foundries
.
5- 4.
6-20
6-20
7-
75c
(quar.),,—,
(participating)
—
6-15
6-15.
$1.50
87»/2C
!
6-15
7-
20c
,
7-20
6-22
6-22
6- 9.
(s-a)————
1
6-30
Arkansas
1
Niagara Wire Weaving (quar.)
—
Paper Mills (resumed)
—-—
Norwich & Worcester RR., 8% pfd. (quar.)-
Newark Telephone
6-15
$1.75
(quar.)
1
6-
6-15
$1.75
(irregular)
75c
(s-a),',,
$1.25
American Telephone & Telegraph (quar.)
$2.25
American Thread, 5% preferred (s-a),,,
12V2C
American Tobacco, 6% preferred (quar.)
$1.50
American Woolen, 7% preferred (accum.)—
$2
(Amoskeag Co., common (s-a).,;
i
75c
$4y2 preferred (S-a)
-—$2.25
Ampco Metal, Inc., common,^.——L
10c
Anaconda Copper Mining,—.
50c
.Andes Copper Mining—
25c
Anglo-Huronian, Ltd. __—___——
; $10c
Apex Electrical Mfg„ common,^.—
25c
7% prior preferred (quar.).
$1.75
Applied Arts Corp. (irregular)
5c
Arizona Edison, $5 pfd, (initial quar.)^
$1.25
Arkansas Missouri Power, common (irreg.),
25c
6% preferred (s-a)
$1.50
Arkansas Power & Light, 7% pfd.'(quar,)—
$1.75
6% preferred
(quar.)
$1.50
6-15
6-15
7-
6-15
6-15
6-
common
American
6-10
6-10
$2.50
10% preferred (s-a)_-——
Light, 7% Pfd. (quar.) —
—
6-24
7-
prior
(quar.)
(initial)
6-30
preferred
American Sugar
7%
preferred
6-17
6-19
6-12
6-20
6-30
6-24
7-15
7-15
7-15
40c
$2
preferred
Co.,
American
6-15
6-30
8-1
6-30
lc
common
5-15
$1.12y2
7-15
American Ship Building Co., common,,
7 % non-cumulative preferred—
American
6-10
6-15
$2,50
New York Power &
$6 preferred (quar.)
Power,
preferred (quar.)__——
Western Grocers Ltd., common (quar.)——
7% preferred (quar.)
—-—.
Western Light & Telephone $1.75 pfd. (s-a)
Westgate-Greenland Oil (monthly)—
6-19
40c
Penn
4%%
6-19
$1.50
Nelson.
N. Y. Mutual Telegraph
West
6-19
6-15
$1
$3.50
12V2c
50c
Service
American
6-20
6- 8
30c
—
6-30i
$1
—
6-30
$2.33Vi
20c
$1.75
25c
$1.12 Vi
$75c
$$1.75
87Vic
7% preferred———
Wellington Fund, Inc. (irregular)-—,
West Penn Electric, class A (quar.)-
convertible
American
6- 8
6-19
6-15
6-15
6-10
6-10
6- 1
6-20
6-14
6-17
6-26
20c
30c
preferred (s-a)--,
6%
5-26
20c
common
__27 82/100c
.
7-10
6-20
6-15
6-26
6-30
7- 1
6-30
6-30
6-10
7- 1
50c
(quar.).
Webster Eisenlohr,
6-19
I50C
,
National
N. Y. Trust Co.
6-30
62 V2 c
$371/2C
common (irreg.)
Station
Sugar Co.,,™,,,,,,,,,,™,,:
Walworth Co., common—!
&
_
7-20
7-1
,,,
—.—
Goodwill
The
of Reo.
10c
6-30
7-1
$3
£'?«
£"29
S.
7Vi%gtd. (s-a)„
National Dandy Co., common (quar.)——
7% 1st preferred (quar.)
—
7% 2nd preferred (quar.j,—-—
National Enameling &i Stamping (irreg.)___
.
>
1st
$5
$2 2nd preferred—^.————r—
"
(quar.)
& Foreign
7-15
$3.50
$1.50 preference Kquar.)
National Manufacturers & Stores-
4y2%
American
7-1
U.
Muskegon Piston King Co.-,
Nashua Manufacturing Co., $5 1st pfd. (quar.)
National
6-22
6-15
6-20
6-21
$48c
Murphy (G. C.) Co., 4%% preferred (quar.)
Murphy Paint Co., common (quar.)
5Vi% preferred (quar.)
—,<
Muskegon Motor Specialties—
Nashville
6-29
7-1
7- 1
6-30
$1.25
Mount Vernon-Woodberry Mills—
;
7%
preferred
(accum.),,,
$2 class A (quar.)
(quar.)
Secur. $6 1st pfd.
& International Securities—
S,
American Rolling Mill,
50c
.
Co.
(quar.)—
U. S. Gauge Co., 7% preferred
7-31
8-15
American Radiator
Holders
When
Payable
share
Standard Sanitary—
7-31
8-15
75c
$1.75
$1.50
Drill—
Carbon
43%c
(quar.)
$1.1272
$1.25
of Mo., $4.50 pfd. (quar.)
$5 preferred (quar.)
Per
Name of Company
of Reo.
Payable
Share
of Company
Hume
of Reo.
Holders
When
cer
Holders
Union Electric Co.
Michigan Consolidated Gas—
4%% preferred (initial quarterly)-—_—
Minnesota Power & Light, 6% preferred-—
Monongahela West Penn Public Service—
7%
When
share
Name of Company
Nova
Monday, June 12, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
2450
'7- 1
6-16
$10c
6-15
5-15
25c
6-15
6-
1
1
.6-20
6-15
5-19
6-13
7-
$1.25
20c
15c
7-
1
$1.75
7-
1
6-13
$15c
10c
Burgess Battery
15c
Burlington Steel (quar.)
-1
15c
Bush Terminal Bldgs., 7% pfd. (aceum.)u,- <'
75c
Bush Terminal Co., 6% pfd. (quar.)^ ' $1.50
Butler Water, 7% preferred, (quar.)
.
$1.75
California Cotton Mills
EOc
7-
3
6-
7%
Co.,
common
preferred (quar.)
Building Products Ltd. (quar.)
Burd Piston Ring (quar.)
;——
5
6-20
6-10
6-12
6-
2
6-
9
7- 3
7-
1
7-
1
6-15
•
6-16
6-15
6-
6-15
6- 5
1
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
159
Per
California
Electric
California
Ink
5%
,
7%
Quarterly
T—>
——
Canada Steamship Lines, 5%
Class
B
7-
(quar,).
60p non-cum.
1%
common
6-15
Commonwealth
6-15
Commonwealth Water
6-15
$50c
$50c
6-15
7-15
6-20
7-25
6-20
7-
7-
Malartic
Westinghouse
Canadian
Wirebound
7
Quarterly
Coniarum ' Mines
5-15
7-
1
6-10
40c
15c
62%c
6-15
5-27
6-15
6-
2
Elgin
6-15
6-
2
Elliott
1
7-
3
6-15
3
6-15
Consolidated Cigar
Consolidation
7-
3
6-15
7-
3
6-15
3
6-15
7-
7-11
6-15
$2
6-
9
Common
$$1.50
7-
3
6-
9
4%%
$62%c
$50c
$$2
*
$2c
$50c
$37%c
7-
1
5-31
7-
1
6-
3
Retail Stores,
6-15
1
15c
7-
6-15
$2
7-
6-15
$1.25
7-20
7-10
1
6-23
•.
Continental Motors Corp
.
Continental
Amer,'deposit
rets, for class A ordinary
(interim) — _—i
Amer.' deposit rets, for class B ordinary
<?regis. (interim)
..
Carthage Mills, common
(irreg.).__
6% preferred A (quar.)——_—
6% preferred B (quar.)— _
:.
Case
(J. I.) Co., common'" (initial)—
'7% preferred (quar.)—_:
—
Celanese Corp. of America—
Common (stock dividend) one share for
each 70 shares held————
4%%. 1st preferred (initial quar.)
7% 2nd preferred (quar,)—
...
—
Central Cold Storage Co. (quar.)_i_——,—i
6-24
12%%
25c
$1.50
60c
75c
$1.75
5-31
6-12
Cornell-Dubilier
Crane
**
6%
$6
5%
Paper
7-15
7- 1
6-30
Crown Zellerbach Corp
6-10
Crucible
(quar.)—
—
(quar.)—...——————
$1.50
$1.50
62%c
15c
7- 1
7-1
6-10
7%
(quar.)—
series
Co
—_
:—
.—
(stock
Aircraft
Corporation
Croweil-Collier Publishing
6-20
Crosley
5-20
.
dividend)——
pfd. (s-a)
$1.75
100%
—
5-31
9- 1
5-31
v
.
6-20
Davidson
9-20
Debenture
12-20
5% preferred (s-a)
6-15
25c
$22
$1.75
75c
Securities Co.,
common
—
preferred (quar.)——
Corporation
6-15
7- 1
6^14
25c
—
„
,6-12
6-20
6-20
7-14
10-14
—
Chrysler
Cincinnati Gas & Electric—
6-
6
6-
5
(quar.)
Common
preferred (quar.)—
preferred (quar.)——
Cincinnati Street Ry.——1
Citizens Utilities (irregular)
Citizens Water (Pa.), 7%
pfd.
5%
City Auto Stamping Co.
Molybdenum
preferred
6-
1'
8-
1*
6-10
6-
1
Corp.-Seagrams,
(quar.)
Co.,
Doehler Die
Casting
Mines, Ltd
Dome
6-15
6-15
7-.J.Q
'
5-15
6- 2
Donahoe's, Inc., 6%
preferred (quar.)
6-
Draper Corporation
(quar.)
6-15
5-26
Foundries
&
Dominion
Glass Co.,
Ltd.,
Dominion Textile,
6-23
Dravo
6-16
Dresser
6-30
6-16
Driver-Harris
7-1
6-20
Duke Power Co.,
7-15
6-16
7-1
i"
6-14
6-26
,
7-
6-24
.
1
6-23
v
6-15
7- 1
6-12
7-1
6-12
$3
7- 1
7- 1
6-12
$25c
12- 1
11- 2
$1.06'A
(irreg.)
6-30
$5.60
—
(s-a)
Colgate-Palmolive-Peet Co., $4.25 pfd. (quar.)
6-12
6-J>*
Corp.—■
preference (quar.)
preferred 5% series (quar.)
nreferred series A (quar.),..
$1,25
,
.
8-15
7-20
$1.25
cum.
8-15
7-20
£T-15
7-20
$1.50
$3c
6-12
6-15
$1.75
7-15
7-10
25c
6-20
6-
50c
7-
1
6-21
$1.50
6-30
6-15
$1.50
6-30
6-15
15c
6-15
6-
5
15c
6-15
6-
5
1%C
6-15
5-31
60c
6-15
6-
$1.00
6-30
6-23
1
6-22
Ferro
6-15
5-31
Fidelity & Guarantee Fire Corp.
6-24
6-14
Field
6-14
Enamel
6%
2nd
of
Co., 6'/preferred
Amer.
(quar.)
at Bait., cl. A
(quar,).——
Industrial
Fund
5-15
;
(quar.)—
x
Co.
common—
$6 preferred (quar.)
Ltd., ordinary (final)—
Dunlop Tire & Rubber Goods Co., Ltd.—5% 1st preference (s-a)
Bradstreet,
Pont
(E. I.)
$4.50
de Nemours &
(interim)
6-20
1
,
preferred
Picher
Lead,
Mahoney
RR.
N.
(quar.)
J.
50c
25C
'
11-25
11-15
Food
Co.,
$2%
6-
1
6-
9
Foote-Burt
5
Ford Motor
Ford
Motor
Class
9
Co.
B
(quar.)
6-30
$1.75
5
(reduced)
(quar.)—„
;
25c
5-26
6-15
62 %c
6-15
6-
6%
6-13
5-15
$25c
6-17
5-27
5
6-17
$1.50
5-27
7-
1
6-20
6-30
$25c
—
Foreign Light & Power, 6% 1st pfd. (quar.)
Foresight Foundation, non-cum. cl. A (s-a).
Fort Pitt Brewing.—.
j
Corp.,
9
9
5-26
15c
;
Co., Ltd., ordinary (annual).
Co. of Canada, Class A___
Foster-Wheeler
66-
6-15
$1.12%
Inc., common
(quar.)—
6-20
6-15
6-15
15c
—
(quar.)
preferred
6-15
1
common—..
Stores
Fair
7-
7-
Foundation
Fox
De
6-15
6c
5c
6-20
6-10
—
6-15
25c
7-
1
37 %C
(resumed)—
common
1
8-15
1
11-15
Fox
7-
1
1
Fox
7-
Co.
Luxe
of
Canada
(quar.)——_
Brewing Co. of Indiana
Preferred
9-
12-
De
7-
1
37 %c
10-
2
9-15
7-21
6-30
6-15
6-
12-23
6-15
25c
Brewing
(quar.)
70c pfd.
preferred
County Coal,
(Robert) Co., 6%
6-
1
Gair
6-15
6-
1
Galvin
(accum.)
—
(quar.).—
Manufacturing Corp.—
class B conv. pfd. (quar.)
Gannett Co., Inc.,
$2
25c
50c
35c
25c
25c
25c
$1.75
79c
6-20
6-12
8-
5-27
5
6-15
5-31
6-15
5-31
6-15
5-31
6-15
5-31
1
8-11
9
6-23
6-
$1.50
$55%c
$1.25
7-
6-10
8-
1
7-15
62%c
37%c
$40c
7-
1
6-10
6-28
6-15
$44c
$35c
$$1.25
$$1.75
Garfinkel
(Julius), common
(quar.)—
—
1
6-15
6-
1
7-29
6-30
7-15
6-30
3
6-10
7-15
6-27
7-15
6-27
7-
5%%
preferred
Gatineau
Power,
—
(quar.)
preferred (quar.)
5%% preferred (quar.)
Gaylord Container Corp. (quar.)
5%%
$3
...
participating preference A
General
American
(quar.)
Transportation
.1
Quarterly
General Baking Co., 8%
preferred (quar.)—
General
Bottlers, 55c preferred
General Box
(quar.)
General
Bronze
General
6-15
20c
6-30
6-15
9
General Cigar Co.,
6-30
6-15
34%c
6-30
6-15
6-30
6-
7-
$$1.38
7-
6-
1
1
12 %c
„
6->
6-
6-15,
6-15
6-15
6-
25c
6-12
6-
7-
1
6-
7-
1
6-
$2
7-
1
6-17
'
6-
1%C
!
6-
6-15
7-
1
6
,
1
6-10
5
30c
6-20
6-
(quar.)
Corp.
25c
6-20
6-10
25c
6-15
5-12
35c
common
7-25
6-23
Fireproofing Co.,
$1.75
7-
1
6-19
General
Mills Inc., 5%
$1.25
7-
1
6-
$1.25
8-
1
7-10
66C
7-
1
6-16
General Electric
Co.
(quar.)
75c
$1
General
6-20
6-10
6-26
6-12
General Refractories
7-
1
6-15
General
7-
1
6-15
General Telephone
$1.50
8%
7-
1
6-16
7-
8
5-26
5
6-15
v
6-
3
6-30
6-15
1
7-14
8-15
—
6%
$2.50
General
Signal,
Water
Glen
(quar.)
Elec.,
$3
$5 preferred
(quar.)_
7
6-
«•
6-24
6-13
7- 1
6-15
6-14
75c
7-
1
7-
1
1"
1
6-15
$1.25
8-
1
7-
6-15
1
6-15
5-27
6-14
6-
3
25c
7-10
Glidden
4%%
$1.50
$1.25
7-
6-15
75c
$1.12%
7-
1
6-15
Globe Steel Tubes
7-
1
6-15
Golden
common
convertible
Co.,
common
7%
preferred (quar.)
Globe Knitting Works (quar.)
Co.,
5-27
6-10
—
7-
1
30c
(quar.)—.
(irregular)
6-10
6-20
7-
1
56'Ac
Y.) (quar.)
(interim)
preferred
6-20
40c
Glen Falls Insurance' (N.
6-15
5-23
State
6-
40c
40c
Co
Coal
7-15
5
6-12
6-15
25c
:
6-15
6-
1
6-27
25c
Harvester
Globe-Wernicke
7-
$1.25
Machine
Co.,
6-12
'$1.50
pfd. (quar.)
(quar.)
Corporation
Alden
6-16
1
00c
Y.)
(quar.)—
Gillette Safety Razor, $5 preferred
Girdler
3
3
7-
62 %c
(N.
Corp., common (quar.)
&
6-
7-
30c
—
Gas
6-15
$2.50
$1.50
common
Reinsurance Corp.
preferred
25c
9*
25c
(quar.)
Georgia Power,
$6 preferred
Gisholt
5-22
Railway
preferred
50c
6-15
6-
1
(s-a)
Candy Corp.
$1.25
(quar.)—
6-16
6-20
7-
30c
$1.50
13%C
(quar.)—
6-20
1
6-30
Corp.—•
5-27
7-25
6-15
30c
62 %c
B com. (quar.)
Manufacturing, class
1
$1.12%
1
75c
...
(quar.)
preferred
Gleaner
—
6-
7-
12 %c
1
3
6-14
6-
35c
68 %C
Extra
Gemmer
——_
7-
6-
8-
6-
6-15
$$1.25
5%
7-
7-
7-15
$62%c
6-
6-15
6-15
$20c
(quar.)
common
7% pfd. (quar.)_
preferred (quar.) —
General Motors Corp., $5 preferred (quar.)_
General Paint Corp., $2.67 preferred (quar.)
General Precision Equipment Corp.
General Products Mfg., 5% preferred (s-a)-
5-25
6-15
6-15
General
6-20
$$1.75
6-
22 %c
5-12
8-15
6-12
9-
1
6-
'
2%c
(quar.)
Brewing Co.
Franklin
6-20
5
6-15
6-15
2%c
12-15
7-
'
25c
(Peter)
6-15
12-15
12 %c
2%C
Brewing Co. of Michigan
Frankenmuth
12-23
6-15
$35c
12 %C
;
Luxe
9-30
9-30
'
$1.25
(quar.)
6%
2
(Jersey City) —
—
preferred
$4%
8-15
6-24
$3
preferred
(s-a)
:
Eastern Gas & Fuel Associates—
6% preferred (accum.)
4%% prior preferred (quar.)
Eagle
East
Indemnity
First State Pawners Society (Chicago)
Flintkote
8-25
Co':—
—
Duquesne Light, 5% preferred (quar.)
Durez Plastics & Chemicals (quar.)
5
J
7-
6-
40c
Duplan Corporation (irregular)
8%
preferred (increased)
Common
(quar.)
...
75c
$1.75
;
Dunlop Rubber Co.,
du
(quar.)
Fund
Quarterly
6-30
37%c
—
Corporation, 6% preferred
Manufacturing Co
&
(Bait.)
75c
(quar.)—
common
preferred (quar.)..
7%
Dun
—
....
preferred
Co.
Class B
6-13
Corp..
(Marshall.) &;
Finance
5-31*
6-23
$10c
$$1.25
(quar.)
5-25
$1.50
(quar.)-
preferred (quar.)
6-30
2
75c
Commands Oils, Ltd.-
common
8-11
6-15
(annual)—.
Cleaning & Dyeing—
preferred (quar.)„
60c
Dominion Stores" Ltd.
7%
3114c
cum.
(quar.)——
7% preferred (quar.)—
6-13
$1.75
...
& Electric
Steel
Dominion
.6-13
7- 1
50c
common.,
(s-a)
pfd. (initial)
Dominion Dairies Ltd'., 5%
5-31
75c
(quar.)
(s-a)
6-10
7-3
5-26
Counties Gas & Electric—
1st preferred
(quar.)———
(interim)
:—
Co., class A
6-14
$1.75
(interim)—
common
(s-a)—
(quar.)_
(quar.)——
preferred
5%
Dixie Cup
common
6-10
8-15
3
Brewing Co., Ltd.
Extra
6-15
25c
—
6-14
6-30
25c
(quar.)..;
Cockshutt Plow Co.
6%
11-15
Distillers
—
partic, pfd. (s-a)—
(quar,)
Giorgio Fruit Co., $3 partic. pfd.
Di
30c
.
(quar.)—
Peabody & Co.,
Cum.
8
8-15
(quar.)—
(irregular)
Diamond Match Co., 6%
6-30
Fenton United
.
(quar.)
(irreg.).
7% pfd.
(quar.)————r
Diamond T Motor Car
6-
8-10
7r 1
Hotel
DeWitt
50c
Coca-Cola International Corp., com.
5%
6-20
5-20
Co.
Dewey & Almy Chemical Co., com.
Class B (quar.)
$1.25
10c
—
(quar.)
Works,
Water
Chemical Co.
Columbia Gas
5-22
6-24
9-, 1
12-1
6-15
Oil
Devonian
.
1
l%c
—
———_
Coal Corp.
Class A
9-14
;
1
(resumed):
5% preferred (quar.)
Corp
6-10
7- 3
Fernie
1
6-
$1.75
$1.75
$1.75
$1.25
$1.25
—
75c
$1.25
.
—
A
6-14
Steel
20c
(interim)
preferred (quar.)
Cleveland Hobbing Machine
,5%
Class
Detroit
9-16
6-15
6-30
7-
1
6-
6-20
50c
City Ice & Fuel, common——.
Controller Co
Clark
Coca-Cola
6
1
$25c
6-
1
15c
30c
(quar.)
Equipment Co., common
5%
preferred (quar.)
;
Clayton Silver Mines
—
Cleveland Graphite Bronze Co.—
6-
1
6-26
.
Bridge
Stove
710-
$60c
6-24
6-15
...
$1
$1.50
———
—
6-16
6-15
5-31
(quar.)
Corp
(quar.)
(quar.)
International
Detroit-Michigan
7-1
35c
25c
$1.75
—
(quar.)—
Clark
Semi-annual
Detroit
12-15
6-15
Gas
prior preferred
Harvester
6
9-15
12-30
15c
Federal
6%
Detroit Hillsdale & Southern Western RR.—-~
6-
9-30
&
1
3
6-10
Detroit
5-27
6-10
1
6-30
Water
76-
6-30
5-25
Co.
(s-a)
(quar.)
6-15
'
7-
$1.25
5-29
prior preferred
(irregular),
6-15
6-19
6%
,4_T—■
Tunnel
8
6-30
6-
1
—
Canada
2
6-
9-16
6-30
1
&
preferred
6-
1
10-
10c
Co.
7-
1st pVeferred—,—_
Corp.,
3c
Truck
6-
(quar.)
Tramway
6-28
Motor
6-10
—
$7%c
6-15
6-15
6-15
75c
75c
——
6-15
6-12
30c
7-31
——_—
preferred (quai',)
preferred (quar.)
preferred (quar.)
6-10
6-30
6-20
6-15
1st
6-15
$1%
$1%
...
(Canada)
6-24
;
1
15c
50c
7-15
6-30
7-
5
5
Mining & Smelting Co.——
Federal-Mogul Corp. (increased)
Federal
1
6-
$$1.50
Federal
7-
6-15
5
75c
Federal Fire Insurance
6-16
6-15
6-20
1
25c
;
preferred (s-a)_.
6-16
6-30
7-
7-
7-
50c
(quar.)
common
20c
Detroit
$4
5%
Shops,
6-30
6-30
7-
7-15
$2.50
25c
6-20
$1.25
A (quar.)
Cincinnati New Orleans & Texas Pacific Ry.
preferred
5%
6-15
11-16
$2.50
37%c
6-10
;,"s
:
1
8-17
1
(Syracuse,
(irregular)—
(initial)-
common
Long Hook
De
7%
$V=ti
$1
$1.75
7-
1
7-15
37%c
(quar.)
Rubber
Federal Bake
6-15
1
$$2.50
—
preferred (quar.)
—.——
& Eye Co. (quar.)
Dentist's Supply Co. of New York—
1
Denver
————
Y.)
9-
12-
30c
$1.25
——
4%
6-15
6-20
-a--
7-
$1
——
(quar4—
& Light,
Power
Delaware
6-20
Semi-annually
N.
5-31
$37 %C
Quarterly
Canada—
of
—
Delaware Fund Inc.
6-
1
5-31
6-15
$1.25
Farmers & Traders Life Insurance
6-30
—
Corp.
Deisel-Wemmer-Gilbert
6-
8
$1.12%
75c
75c
$25c
—,
Corp
Securities
&
6-15
6-12
6-15
15c,!r
——
(quar.)——
(quar.)—
preferred
Chemical
7- 1
7- 1
6-30
7-1
.6-30
-6-15
Chicago Towel Co., common (quar.)——....
$7 preferred (quar.)
c
Chickasha Cotton Oil (quar.).—...
$1.25
class A (quar.)_
David & Frere,
News, common—
50o
5%
preferred (quar.)
....
$1.25
Chicago Flexible Shaft —1
...:—_
—
$1
Chicago Mail Order Co. (quar.)————
15c
Chicago Mill & Lumber— _
:———30c
Chicago Rivet & Machine Co....—_——
Chicago South Shore & South Bend RR.—■
4%%
6-15
9-30
12-30
6-30
7-1
7- 1
7- 1
6-15
Chicago Daily
5%
5
6-15
5614c
25c
(quar.)_
prior preferred
Daniels & Fisher Stores——
7%
—
r
(quar.)—
—
—
Press,
7%
Coast
6-
7-
$1.50
25c
50c
(auar.1—_—.——-
preferred
8%
Publishing,
Common
7%
6-26
(s-a)
(quar.)—..
Financial
Cuneo
Curtis
8
Cluett,
9
preferred
First National Bank of
2
Clinton
6-
$5
6-16
6-
Clorox
6-30
preferred
.
6-19
6-2
—1
(quar.)
6-10
6-30
6-30
37%c
Co.
-
Clinchfield
2
(quar.)
6-20
6-
Extra
6-
...
Metallurgical Corp., $5 pfd. (quar.)
preferred
6-30
6-26
Climax
6-12
—
Corp., Ltd.—
$5
7%
—,
$2.25 pfd,
5-31
6-20
6-15
Fansteel
6%
Canadian
6-30
6-26
Mfg.
—:
Common
Fanny Farmer Candy Shops (quar.)
(interim).
Mines
$2
<7- 1
'
9
12%c
—
preferred
conv.
75c
$1
5%
6-
(Syracuse, N. Y.)
Fireman's
25c
7%
1
5-25*
5-31
6-15
12 %c
Co.
Crystal Tissue Co., common (irregular) „—4,
15c
S% preferred (s-a)——.—$4
Sugar, 5%% preferred——
$1.37%
Culver & Port Clinton RR. (semi-annual)—
10c
■Extra
;
10c
6-20
6-20
6-20
27c
Ry. Co. (quar.)
—
(Cdnsol.) (quar.)—
Chesapeake & Ohio
Christiana
7-
Cuban-American
$3
$3.50
75c
Store Products $1.50
Quarterly
Players
of America—
Steel Co.
Crum & Forster,
6-10
7- 1
6-30
—
37%c
preferred (s-a)—
$1.50 preferred
(s-a)_„
37%c
Champion Paper & fibre Co., com. (quar.).
25c
6%
preferred (quar.)—
....—...
$1.50
Chapman, Valve Mfg., common (quar.)
50c
7%
preferred (s-a)
$3.50
Chapman's Ice Cream Co. of Calif, (irreg.)
20c
Chateau-Gai Wines, Ltd. "(resumed).,——$25c
Chefford Master Mfg.
(quar.)——..
5c
'
-
————
Crown Cork & Seal Co.,
5%
6-10
|
$1.50
Extra
Famous
6-15
6-14
$25c
25c
...
"6-24
$1.19
$1.75
lien preferred
prior lien preferred
Chesebrough
:
Inc
America
of
pfd. (quar.)—
preferred (quar.)
prior
Cessna
9
5-20
(accum.)
7%.
(accum.)...
Central Steel & Wire. 6% pfd. (quar.)
Central Vermont Pub. Serv. Corp. (resumed)
Century Ribbon Mills, 7% preferred————
Chain
6-
15c
30c
25c
Crompton & Knowles Loom Works—
6%
preferred
(quar,)——
,
.!——
Central & South West Utilities Co.—
6%
Creameries
6-16
6-15
6-15
Co.—
Service
Power,
dividend
Central
6-16
$2
$2
4%% pfd. (quar.)
Kansas Power. 4%%
preferred
Brewing Corp.,
1
$1.3114
62%c
25c
$1,25
——
(quar.)—
____—,
Public
preferred
common
preferred
5%
6-5
Illinois
Central Maine
Co.,
6-16
7- 1
$1.18%
$1,75
5-31
7-
6-15
6-14
6-15
65c
6-15
6-30
6-14
50c
...
6-30
7- 1
.
7-
6-22
*
30C
Falstaff
Corp.—
A (initial quarterly)—
5% conv. pfd. (accum.)-
6-15
7- 1
$6 preferred (accum.)__
6%
preferred (accum.)
Central
Petroleum,
40c
$1.12%
Central Illinois Light Co.,
Central
preferred
$514
Cosden
7-
;
6-12
$1.75
$1.62%
25c
75c
(quar.)
6-15
6-12
7-
2%
Insurance
Faultless
Cooper-Bessemer Corp., common
——
$3 prior preferred (quar.)——-—
Electric
$1.25
(quar.)
(quar.)
6-27
)
6%% preferred
6-15
7-
$1.25
Company
Falconbridge Nickel
—
—
participating preferred
(quar.)—
7%
6-15
6-22
56'Ac
Exolon
...
—
Corp
6-15
7-
$1.25
Excelsior
Continental Telephone Co.—
"
,
Steel
6-30*
7-1
—
Ex-Cell-O
25c
10c
(Del.)—————.——^
Oil
Continental
5-31
6-24
7- 1
7- 1
7-1
7- 1
7- 1
12%%
6-30*
7-15
35c
(quar.)
6-15
50c
7'-
7-15
(quar.)—.
6-15
$1.25
•
6-19
50c
interest
6-15
$1.12%
pfd.
$4%
3
6-19
50c
A
7-
50c
25c
6-
1
6-30
70c
—
dividend
Corp,
6-19
7-
6-15
—
7-
Paper (quar.U
6-15
Power Co.,
cl.
non-cum.
common
preferred
'
9
6-20
$1.50
'25c
——
(Reading)— _———
Gas
Consumers
Stock
6-
1
7-
6-12
(quar.).
43%c
—..
.
1
1
Ewa Plantation Co
—
6-15
6-30
6-30
(quar.)
preferred A
Eversharp Inc.,
5%
6-20
7-
$1.37%
$5 pfd.
beneficial
6-15
common—
Power &
Consolidated Water
of
7-
$5
6-30
60c
common
7-
6-30
> : regis,
Certificates
6-10
1
6-20
60c
(Initial s-a)
$3
Co.,
(interim).
A
(quar.)
preferred
$1.75
Railroad
$5 preferred A
(quar.)
class
Ltd.,
6-30
$2
Erie
6-15
Carey
(Philip) Mfg., common (quar.)——
'5% preferred (quar.)——L
—-$1.25
6% preferred (quar.)...:.————
$1.50
& Telegraph Co. (quar.)
English Electric,
6-30
6-15
(quar.)—
$5 preferred
(quar.)
—!
Continental Assurance Co. (Chic.) (quar.)„
Continental Can Co.
(interim).4.——
Continental Diamond Fibre Co. (reduced)—
Carolina Telephone
C&rrciB'S
Xi'tci* 1 ~
1
7-
Consumers
7-
5
5-
6-15
preferred
Engineers Public Service,
$5.50 preferred (quar.)
$6 preferred (quar.)
6-17
1
$1.25%
Drug Co., 8% preferred (quar.)
Emporium Capwell, common (quar.)
4% % preferred A (quar.)
—
6-16
1
2nd
7-
6-15
Carolina Clinchfield & Ohio Ry. Co. (quar.)
6-30
7-
(Texas)—
Emerson
1
6-15
25c
(quar.)—..
90c
$1.12%
$1
$40c
(quar.)—
preferred (quar.)
8%
■
6-20
7-
6-
6%
5-31
1
68 %c
Natural
25c
,—,—
6-15
—
6-23
$1.25
Consolidated Steel Corp., common———
6-10
6-30
1
5-31
6-15
7-
25c
7-
—^
preferred
Consolidated
6-15
7-
$1.50
50c
15c
1
6-15
8-
(accum.)—.
Light & Power (Bait.)—
preferred series C
4%
8
7-
6-10
7-
7-
....•—
——
(quar.)
Consolidated Press.
1
6-
6-28
6-
6-28
6-15
75c
50c
(initial)
preferred
conv,
Electric Co.
Paso
5-31
20c
Gas, common (quar.)
Ely & Walker Dry Goods—
7% 1st preferred (initial s-a)
Consolidated Gas Elec.
6-15
1
7-
6-15
62 %c
40c
of New York Inc.—
Co.
(quar.)
preferred
6-15
3
—
12-25
!
1
'
Transit
12-31
Paso
6-15
$1.50
(quar.)
Watch
$4.50 preferred
El
Co.—
(quar.)—'
pfd.
Common
9-25
6-15
15c
prior
Utilities
5%%
Co.,
1
3
75c
.
;
National
5
1
7-
62 %c
1941) (quar.)_
Battery
Quarterly
6-25
1
6%
5
6-
1
7-
62 %c
preferred (quar.)
preferred (series
Inc.,
6-
20c
(quar.)__^_
(quar.)
Electrical Products Consol. (Seattle, Wash.)—•
9-30
$4c
55c
10c
50c
conv.
6-10
7-
$25c
Corp., 6% pfd. (quar.)
Electric Controller & Manufacturing
6-30
—
conv.
6-
6-24
$1.50
Washing
5%
6-15
$1.25
(quar.)
common
Elastic Stop-Nut
5-15
———
preferred
preferred
•$5
5-31
Consolidated Film Industries—
6-15
6-30
Corp
Coal
conv..
6-14
6-15
(quar,)..
Consolidated Edison
6-21
6-30
$2.50
T
;
...
Biscuit
7-
1
6-15
$$1.50
$$1.50
$$1.50
25c
*
(quar.)..
4
Consolidated
7-
9
t$3
6-30
Capital
-
Storage
Connecticut Light & Power, common
7-
7-
:
Ferries
Household
Electric
6-
El
Quarterly
Congoleum-Nairn
5-31
6-30
Boxes, class A (accum.)
Electric
6-10
—
5-31
$25c
—
6-10
1
—
5-31
$$1.50
(quar.)..
1
7-
6-30
of Reo.
$1.50
(accum.)
Co.,
preferred (quar.)
Machine, Ltd
Edison Brothers Stores, common
(Toronto)—
Assurance
—
6-15
$$1.75
Ltd.
Co.,
7-
Kodak
6%
Easy
6-15
&
Quarterly
6-
—-
preferred-(quar.)— 1
6%
6-15
3
:——-
Mines—
Gold
Canadian
6-15
(quar.).
(quar.)—
6-15
$25c
(quar.)—.
(increased quar.)_
Canadian Foreign, Investment Corp.. (quar.)
Canadian General Electric, Ltd. (quar.)—_
6-30
1
6-29
Holdert
Payable
10c
preferred
Rolling Mill
Eastman
5%
£-15
$5c
$53c
Products
Canadian
3
(quar.)„
common
6-10*
$1.50
$1.75
...
5%% pfd.
Light—
Water,
Confederation Life
$15c
preferred
Canadian Food
3
7-
$$1
7-
1st
6%
Eastern
_
.
1
6-
6-9
$7
5-15
$15c
6-
6-30
preferred
(quar.)
...—..——
preferred (quar.)
.
....
Community Public Service Co. (quar.)_
Compo Shoe Machinery, v.t.c.. common——
$2.50 convertible preferred
(quar.)
Confederation Amusement 8% pfd. (s-a)„_
1
$$1.75
6-30
6-30
$6
1
6-
+$2
—
Ltd.,
Cottons,
Oil,
6-
6-28
7-15
9
When
thare
Massachusetts Street Ry.—
5c
J 10c
50c
$1.06'A
60c
10c
30c
5c
(quar.)
Ky.)
6-30
pref. (quar.)
(quar.)—
(quar.)—
preferred
(Louisville,
6-30
$37 %c
(irreg.) __
Commonwealth Loan, 5%. preferred
1
Eastern
6-30
Insurance
6-
—
/'Extra'—.——C
Canfield
Commonwealth Life
5-25
preferred (quar.)_—
conv.
Canadian 'Celanese,
6%
6-10
6-20
(quar.)—
Canadian Car & Foundry,
7%
6-10
1
6-10
6-20
—
Participating
Canadian
1
7-
:—
— .$$1,62%
Canadian Breweries, $3.40 conv. pfd. (quar.)
$85c
Canadian Canners, Ltd., common (quar.)—
$12%c
5%, 1st preference (quar.)
——.
$25c
Participating
—1—
$5c
-
1
Name of Company
of Reo.
Electric
.
Corp. (quar.)
Commercial Shearing
1
Per
Hoiaer$
nen
7-15
15c
$1.25
$1.37%
(reduced).
common
7-
$$1.25
$$1
——_—$25c
preferred
6%%
Co.,
& Stamping
Commercial
Solvents
Corp
Commonwealth Investment Co.
preference-—
Cable, class A (quar,).;
Wire &
Canada
6-
(quar.)
Credit
preferred (quar.)
Commercial Investment Trust
4%%
$15c
$$1.25
(quar.)——
Packers, Ltd. (quar.)—.——
Permanent Mortgage (Toronto) —
Canada
6-10
6-14
preferred
8%
Commercial
1
w
Payable
snare
common
$$1.25
$10c
preferred
Canada
6-20
25c
$10c
$$1.50
$62%c'
Cannon Foundry
Canada Bread Co., Ltd., common
(interim)
6% 1st preference (quar.)l-——••—
'5% class B preference (quar.)'
Canada Cement, 6%%
preferred (accum.).
Canada Crushed Stone, Ltd.
(quar.)
___
Canada Cycle & Motor, Ltd., com. (quar.)—
5% S. f. 1st preference (quar.)
——
Canada Foundries & Forging, class A (quar.)
Canada Machinery Corp., Ltd. (interim)
Canada Malting Co., Ltd., regist. (quar.)—
Canada Northern Power, common
(quar.)—
Wyant &
Campbell,
6-
Alcohols,
Commercial
6-15*
6-10
6-15
20c
,
Name oj company
7- 1
6-20
25c
(quar.)———
Consolidated Copper
Hecla
&
of Reo
Utilities—
preferred
Per
Holdert
Payable
$1.31
50c
(quar.)_
pfd.
pr.
(quar.)
Co.
California-Pacific
Calumet
Power,
When
thare
Name of Company
2451
7-
1
6-12
10c
7-
1
.6-20
$1.75
7-
1
6-20
6-12
Ltd.
(quar.)
15c
6-15
6-
1
25C
6-12
6-
1
25c
7-15
6-30
I
THE COMMERCIAL & FINANCIAL CHRONICLE
Goodrich
$5
(B.
P.)
preferred
convertible
Gordon
Oil,
—j—;■■
6%
conv.
6-15
5-15
6AS>
conv.
6-15
5-31
.$35
—-T-
50c
75c
Special
50c
Great American Indemnity (N. Y.)_
l°c
Great American Industries, Inc—10c
Great Lakes Engineering Works (quar.),—15c
Great Lakes Paper, $2 pfd. A (accum.)—
125c
$2 preferred B (accum.)
+25c
Manufacturing Co
Pew
Fisheries
—
Great
Lakes
20c
not
preferred
Greyhound Corp. (Del.), common (quar.)—
5Va% preferred (quar.)
--Griggs Cooper & Co., 7% preferred (quar.)—
7% preferred (quar.)——
7% preferred (quar.)
—
Grinnell Corporation (quar.)
—
■
preferred
—
(C. M.)
(W.
Hammermill
4'Ac/o
Hancock
Class
Oil
Hanna
Jamestown
7-
6-24
10-
9-25
12-23
5-29
6-30
6-
2
6-15
6-15
B
Harnischfeger
5%
Corp.,
6-30
1
6-
9
25c
7-
1
6-
9
7-
1
6-20
6-15
5-31
7-
6-15
5-31
6-30
6-16
6-15
6-
5
$6 preferred B
25c
$1.12'A
6-20
6-
5
Kansas-Nebraska
7-
1
6-15
6-30
6-15
,
6-13
6-
6
7-20
7-
6
(quar.)
15c
6-26
6-16
;
$1.25
6-26
6-16
'
$1.25
$1.75
6-26
———
——-v
—:
—
Hazel-At,las> Glass Co.
Hazeltine
Hearst
Corp
Helena
Rubinstein,
(George
7%
Hewitt Rubber
Co.,
6-30
-
—,
prior preferred
_
Paper (Canada)
Hinde
Dauch
Paper Co.,
(quar.)
Co.
(quar.)—
—
-
Co.,7% preferred
(accum.)
1
6-15
6-
4'A%
Inc
(quar.)-
A
of Texas,
—
& Smelting
(interim)
& Erie Mortgage
Hussman-Ligonier,
Sash
&
Common
7%
Door,
6-
1
preferred
preferred
7%
.
(quar.)
,
shares
7-1
1
6-15
1
6-15
6-
6
(quar.)_
$1.50
6-15
6-15
6- 1
6- 1
—
25c
7-
6-20
20c
6-12
6-
1
6-15
Kingston Products Corp.
Kinney Mfg. Co., $6 non-cum.
1
6-10
Klein
7-
6-10
Kleinert
6-13
Kobacker
25c
6-15
5-31
15c
6-30
6-20
15c
7-28
7-18
Koppers Co., 6% preferred (quar.)
Kresge Department Stores, common.——r.
.4% conv. 1st preferred (quar.)
Kresge (S. S.) Co. (quar.)
6-15
6-
3
6-15
6-
3
7-
(S
& Co.,
H)
(quar.)______
common
7-
3
6-5
25c
7-
1
6-
3
Kuppenheimer
(B.) & Co. (s-a)
7-
1
6-
3
Lac
Inc.
7-
6-15
6-
5
6-30
6-
3
7-
6-15
1
3
6-16
Chemical,
Lake
Shore
Lamson
Mines
5-10
7%
preferred
6-
preferred
7%
preferred
6-30
6-
2
6-
8
6-20
6-26
6-10
6-15
5-22
1
6-20
6-20
6-10
preferred
Leland
Electric
37'Ac
$1.50
6-26
7-
1
5-26
6-
1
6-30
6-19
7-
6-
7-
3
6-
7-
3
Lehn
&
Leslie
Fink
1
Levy
Salt
Cup
Corp.
6-14
6-
5
Lima
Cord
Sole
&
9-14
9-
5
Lima
Locomotive
6-20
9-30
9-20
12-20
6-30
6-19
7-
1
6-10
7-
1
6-15
8
4-21
3
6-30
6-30
5-15
Lindsay
1
6-20
6V2%
1
6-
6-
2
preferred
(quar.)
$1.75
7-
1
6-
2
7-15
7-
6
7-
6-21
30c
$1,31(4
50c
1
6-15
6-
$1.25
7-
1
6-12
$1.25
6-30
5-31
7-
6-15
30c
$3
25c
7-
1
5
1
6-
5
6-26
6-
9
t75c
Powders,
International
Cellucotton
International
Cigar Machinery
International
6-30
6-15
t20c
7-15
7-15
6-15
Harvester—
Products
(quar.)_
(quar.)
quar.)
Lindsav
(C.
preferred
37'Ac
30c
7-
1
6-21
6-12
5-31
65c
7-15
6-19
7-
1
6-14
Monarch Life Insurance Co.
10- 2
9-14
6-22
6-
6-15
5-31
6-14
6-
6- 5
5-27
50c
6-15
5-20
7-
1
6-19
3
1
$3.30
original
original
preferred
8%
preferred
Loew's
(Marcus) Theatres, 7%
T.oft
Candv
Corn,
(increased)
Longhorn Portland Cement—
5% preferred (quar.)
Particinating
57r
preferred
Lord & Taylor
pfd.
(quar.)_
$7 class A
7%
...
(quar.)
(quar.)—
(quar.)
:
Cottons, Ltd.,
preferred
common
(quar.)__
(quar.)
7%
7%
Loan & Mortgage (quar,)—
Corporation, common (quar.)—
preferred A (quar.)—
Mueller
Brass
Co.
(quar.)___
(quar.)
Mountain Fuel Supply (Utah) (irreg.)
Mountain Producers Corp. (s-a)
Murray
Ohio
5-13
Muskogee Co.,
7-10
6-30
7-10
6-30
7-10
6-30
Mfg.
Co.
(quar.)
6%
preferred
(quar.)
6%
preferred (quar.)
Myers
(F. E.)
(quar.)—
& Brothers
(irregular)
(irregular)
Corporation
6%
convertible
6%
convertible
(quar.)_
preferred
(quar.)
Biscuit
National
Breweries,
Co.,
8-25
11-25
75c
7-15
6- 9
6-30
6-20
National
7-
1
6-21
National City Lines,
10-
1
9-20
$$1.75
6-30
6-15
15c
7-15
6-30
7%
preferred
$2
Class
(quar.)
Casualty
1
6-
6-15
5-22
7-
6-25
1
6-20
25c
6-15
6-
7-
50c
8
1
1
6-13
7-1
6-13
7-1
6-13
7-
1
6-15
6-29
6-15
6-15
4c
6-15
5-15
25c
6-12
6-
2
25c
9-12
9-
2
15c
7-15
7-
5
6-30
6-20
$2
7-1
6-15
5-15
25c
$2
50c
7-
7-
1
6-
1
6'A
7-15
6-
9
7-15
6-
9
$$1
$$1.75
6-15
5-16
$31'Ac
$55'Ac
5-31
3
6-
6
t$1.75
7-3
6-
6
t$1.75
$1.25
7- 3
6-
6
6-29
6-10
6-29
5-15
5-15
$2
6-15
6-
7-
6-17
6-15
6-
6-28
6-15
l
1
1
9-28
9-21
12-28
12-21
37'Ac
7-15
6-39
50c
6-28
50c
6-16
6-
6-30
6-12
6-15
6
15c
9-
1
8-19
12-
1
11-19
7-15
6-
9
$50c
7-
3
6-
7
7. 3
6-
7
6-39
7-15
6-15
6-15
8-
1
7-15
75C
8-
1
7-15
8-
1
7-22
10-30
10-29
(quar.)_
common
(quar.)—
(quar.)
fm.tar.)
National Oats Co.-, 5 ft
6-16
6-12.
6-15
2c
2c
A
5-16
6-15
25c
Welding Machine
Co.,
6-15
7-
50c
preferred class B
7nvpfpvred
50c
$1.75
25c
A
Electric
1
25c
(quar.)
(quar.)
(quar.)
$3 preferred (quar.)
-National
$1.75
(quar.)
common
National Lead
6-16
7-
6-15
20c
(Detroit)
Co.
8-21
7-1
6-15
J44C
common
(quar.)
OnartoHtr
8-21
1
30c
National Folding Box Co., common
11-20
7-
]5c
common
National Cash Register
$1
11-20
$1.75
Inc.—
preferred
National
1
6-15
12'Ac
—
11-25
1
6-15
1
$1.50
preferred
Nachman
1
1
$1.50
System Inc., 6%
Nash-Kelvinator Corp.
National Automotive Fibres,
9-
6-15
77-
America—
(quar.)
6- 3
12-
7- 1
$1.50
$1.50
of
preferred
6-15
12-
$1.50
$1.50
35c
preferred
6-15
'
1
6-15
25c
(irregular)
6%
9
25c
1
6-
1
20c
Co._
common
12- 9
$1.25
6-
1
7-
30c
8%
Works,
7-
9- 1
1
7-
40c
preferred B (quar.)
Finance Corp., $5 pfd.
5-13
25c
(quar.)
__________
Montgomery Ward & Co., common
Montreal
6-12
$1.25
7-
$1.75
6-15
$2
(auar.)
$1.50
$1.50
6-15
$2
(quar.)
1
7-
6-12
9-
6-
1
Water
$1.10
1
1
1
7-
Muncie
$1.10
1
6-
7-
$5
25c
—^
6-
7-1
$1.75
6-16
Mutual
stock
7-
$1.50
1
Mutual Chemical
stock
$3.30
$1.25
1
Motor
8-25
6-20
7-
5-13
9
6-30
7-15
6-12
9- 9
1
$1.75
7-
6-13
7-15
6-
6-16
87'Ac
6-27
8- 1
6-20
1
$$1.20
6-30
$1.12'A
"7-
(Winnipeg) (s-a)
10c
5
6-13
Monongahela Valley Water, 7% pfd. (quar.)
Chemical, $4.50 pfd. (A) (quar.)_;
Montgomery County Trust (N. Y.) (s-a)
of
Corp.
50c
Little Schuvikill Navigation RR. St Coal (s-a)
Lock Joint Pipe, common (monthly)
pfd. (s-a)
(quar.)
America
Montreal
Liouid Carbonic Corp., 4'A% pfd. A (quar.)_
Little Miami RR., special stock
(quar.)
8%
Birmingham RR., 4%
Monroe
Moore
6-
6-20
1
6-10
6- 1
6-19
6-21
6-20
1
7-
6-15
6-13
5-26
1
7-
1
1
Ltd.—•
7-
7-
7-
**
1
9
12'Ac
6-15
12-
6-
6r20
$1.75
50c
6-15
5-26
Molybdenum
50c
6-17
6-14
&
37'Ac
(quar.)
6-30
6-20
7-14
50c
Special stock
50c
6-15
—
6% pfd. (quar.)__
(irregular)
Public Service
87'Ac
Co.
1
6-
6-20
1
(
Match
9-
1
8-
1
5
6-15
1
25c
17'Ac
1
9-
50c
1
Modine Manufacturing Co.
$1.62'A
6'A%
9-
30c
7-
Mobile
6-28
5
7-
6- 3
$$2
6-14
9-
$1.50
6-15
7-26
(accum.)
6-30
25c
$1.75
6-20
10-26
Light & Chemical,
.Participating
_
Co.,
$1.25
$1.50
7- 1
8-1
(quar.)
5-31
Minneapolis & St. Louis RR. (special)
Mississippi Power Co., $6 preferred (quar.)
$1.25
&
—
50c
7r!r> pfd. (quar.)_
preferred (quar.)
Lion
—
62'Ac
11- 1
(quar.)
W.)
Common
$7 preferred (quar.)
Mississippi River Power,
25c'
6-15
6-30
37'Ac
(s-a)
Manufacturing, class A (initial quar.)
Missouri
30c
:
preferred
6-15
$37'Ac
(quar.)
com.
participating preferred (quar.)
Common
Miller
6-15
(Wash., D. C.) —
(quar.)
Link Belt Co.,
7-ll'
Ltd
prior
Corp.
3
1
$30c
5c
——
6-10
—30c
—
(quar.)——
preferred (s-a)
Miller & Hart, $1 prior pfd. (irregular)—
$1 prior preferred (irregular)
50c
—
—
participating preferred (quar.)__
Lincoln Telephone & Telegraph Co.—
Class A (quar.)
Class B (quar.)
7-
$1.50
_
7%
7-
2
Heel Co
—
Service
8%
37'Ac
pfd. (quar.)__
(quar.)
7-
7-
62'Ac
5c
common
5-24
Lincoln National Life Insurance (Ft. Wayne)—
Lincoln
Co.,
1
10c
Works
Quarterly
Quarterly
Oil
7-
tlOc
5-31
7-15
50c
12-5
50c
6-19
6-17
50c
Inc.
6-15
'
6-30
$1
$2
preferred
Reiineries,
7- 3
$2
(irregular)
(accum.)
Company
12-15
10c
25c
$2'/2c
$3
common
25c
35c
Lily-Tulip
Midvale
—
(quar.)___
$17y2c
—
Liggett & Myers Tobacco, 7%
(quar.)
Industrial Brownhoist, 60c pfd. (accum.)
Ingersoll-Rand Co., 6% preferred (s-a)
Inspiration Consolidated Copper
9- 5
(irregular)
6-20
5%
Indianapolis Railways
Indianapolis Water, 5% pfd. A (quar.).
Industrial Acceptance, 5% con v. pfd.
(quar.)
9-15
(quar.)
6-15
$1.19
(quar.)
;
6- 5
5
Products,
non-cumulative
6-15
$1
1
6-30
$2
11-4
Corp
6-30
12-30
7-18
11-15
—
Ltd.
8-
25c
Products
Brothers,
$1.75
—.
6-10
8-31
xi-30
10c
Corp
$2 conv. preferred
Steel
preferred
8- 5
;
Co.
8%
$1
Wilkes-Barre
Leonard Refineries
1
Midland
6-17
8-15
(quar.)
&
Midland Oil,
5-25
25c
(quar.
preferred
5-25
6-14
7- 1
6-21
—
4%
6-14
15c
7-1
Company, common—..—
$2.50 preferred (quar.)
Lehigh Coal & Navigation.——-————
Lehigh Portland Cement, common (quar.j—
4%
40c
$1.50
6- 3
—
Lehigh
5-26
1
6-15
43%c
60c
(quar.)_
Hone
Corp. (irregular)___
Midland Grocery, 6% preferred (s-a)
6-15
Leath &
Co.
6-10
6-12
preferred
15c
Lang (John A.) & Sons (quar.)__
6-16
25c
$2.40
Midwest
——
1940) (quar.)—
(quar.)„
A—
(quar.)
Middle West
—$1.75
$1.75
6-20
6-16
6-20
1
62y2c
(quar.)
(quar,)-——
6-30
Micromatic
7-
$1
6
5
Mickelberry's Food Products—
5-15
(quar.).
7%
6-30
6-20
6-15
—,
6-20
6-20
7- 1
Mid-West
(quar.)
6-30
$1.00
5-27
7- 1
$1.75
6-15
7-
6-12
' 25c
6-10
«.
(series
preferred
6-
Sessions, common
$2.50 preferred
(quar.)—
Landis Machine, common (quar.).
35c
62'Ac
7%
6-15
&
Lane-Wells
preferred
$20e
$1.12 Va
20c
$1.06'A
1
6%
'$6 junior preferred
6-26
(quar.)
6-15
2
,
6-
62'Ac
$6 prior preferred (quar.)——
$7 prior preferred (quar.)—
Michigan Associated Telep., 6% pfd. (quar.)
Michigan Public Service, 6% pfd. (quar.)—
50c
——
3
6-15
6-15
50c.
(initial).
Common
7-
,
6-30
$1
Corp., 7% pfd. (quar.)
Metropolitan Edison, $5 preferred (quar.)__
$6 preferred (quar.)—
$7 preferred (quar.)
25c
—
Kress
1
6
25c
Thermit
$1.50
common
67a special preferred (quar.)
r
Kroger Grocery & Baking, 6% 1st pfd. (quar.)
7% 2nd preferred (quar.)
preferred
(increased
Inc.,
6-21
7-
Common
Stores,
6-21
$1.50
Bronze
Rubber Co.
B)
1
7-
6%
(J
7-1
$1.75
125c
75c
International
10c
pfd.
Co.______
1
Chemical, $3 pfd. (quar.)
Indiana General Service, 6%
pfd. (quar.)—
Indiana & Michigan Electric —
Baking,
Emil)
6-24
$2
4
Gas &
Inter-City
(D.
Common
com.
6-12
7-
$10c
Indianapolis Power & Light,
5'A % preferred (quar.)
6-12
7-
t$3.75
7%
7-1
7- 1
75c
$1.75
ord.
6-12
62y2c
$1.75
Canada,
7-1
—
7-
1
6-
$1.31'A
-i—
Machine Co
&
.
7-
6-
6-
6-30
$1.12'A
(quar.)
preferred (quar.)
Mergenthaler Linotype
Metal
—
(quar.)_
6%
—
6-24
6-15
12'Ac
——
(quar.) 1
common
preferred
Mesta
(accum.• '871AC
25c
Refrigeration
$1.50
—
preferred (quar.)
County Lighting Co.-—
Kings
$1
.
:
(irregular)
Miners Transportation
(quar.)
5-31
37y2c
6-24
$1.75
,
Mines
common
12y2c
(increased quar.)
6-15
(accum.)
(Interim)
Indiana
5-31
(accum.)
$1.75
(final)
of
6-15
preferred B
$1.75
.
±.
Imperial Life Assurance of Canada
Tobacco
com.
25c
/•<
(quar.):
Gold
5'A%
35c
Stores,
Co.,
4'A^
preferred C
preferred D
Commercial
Ordinary
5-30
5-31
30c
25c
Telephone Co.—
$4.75 preferred (initial quarterly)..
Imperial Chemical Industries Ltd.—
Imperial
6-29
6-15
7%
6-15
Lake
preferred
$5c
Wire
25c
.
(quar.)
&
Steel
1
1
6-20
30c
Acceptance Corp. of California—
(quarO
preferred (quar.)
5%
50c
6%
$$l
preferred (quar.)
Illinois Central RR. Co.—
Leased Lines, 4% gtd. (s-a)
Illinois
Merck &
77-
433^
Robbins, $4 preferred (quar.)—
Meadville Telephone Co., 5% pfd.
(quar.)__.
Melchers Distillers, 6% partic. preferred
Mengel Co., 5% conv. 1st preferred (s-a)_—
———
—;
683Ac
(quar.)
(quar.)
Telephone
Bell
6- 2
5-20
25c
preferred (quar.)
&
(s-a)_.
5%
7-15
$50c
preferred
Illinois
6-30
(interim)
5
7-31
$50c
common
—
7%
_
(quar.)_
—
'Huron
Huttig
Merchants
5-16
t$l
Humble Oil & Refining
Humphreys Mfg. Co., 6% preferred
Hunt's, Ltd., Class A (interim)
B
(s-a)
75c
pfd. (accum.)
Inc. (quar.)
Bay Mining
Class
6- 2
6-
25c
;
(Harvey)
K-2
Mines
40c
6%
preferred
Hudson
.
(quar.)
____
Houston Oil Co.
6%
1
-
—
—
class
B
Hubbell
6-30
30c
pfd.
(quar.)..
Co.,
HoudaillekHershey,
Class
25c
6-16
25c
(quar.)_.
Hoskins Manufacturing Co
Statler
Merchants &
...
5-31
10c
(quar.)—:
McCrory Stores Corp.
6%
6-15
30c
$$1.75
preferred
Hotels
6-16
5
6-15
37y2C
6-15
6-15
Mercantile
6-
-25c
20c
t$3.50
Corp.
(quar.)
Electrochemical, $4.25
Hooker
7- 1
__Av
Extra
1
6-15
6%
$15c
Hoover Co., common
Gold
Keystone
tlOc
Ltd
Oil
Mercantile
...
Special
Kimberly-Clark Corp.,
25c
_____
Oil
Honolulu
6-16
6-30
6-20
25c
—_
—
50c
(quar.)
(A.) & Sons
:
Hollinger Consolidated Gold Mines, Ltd.,.
Home
7- 1
—
6-16
31'Ac
-
common
Hollander
preferred
$1.46
37V2C
—
$1.25
—
(quar.)—
Dauch
&
6-15
—
6-16*
25c
(quar.)
Hinde &
Renfrew
Copper
1
.
—
-
preferred
7%
7%
6-15
6-15
pfd.—
50c
(auar.)
5%
Holt
7- 1
$1.25
25c
—
1
—
Class B
Furnace
—
7-
_____
Co
Corp.
preferred
B
7-
—
Hickok Oil, class A_
&
$1.12'A
(quar.)
Stores, 5%
$1.75
(quar.)——
_______
5%
6-20
25c
Hibbard, Spencer, Bartlett & Co. (monthly)Monthly
Holland
6-20
Co.—
37'Ac
$1.25
_
common
(quar.)
Powder
&
3c
—
class A
W.)
preferred
Hercules
7- 1
2
6-20
6-15
50c
Navigation
7- 1
6-
1
35c
McClatchy Newspaper, 7%
Red
7-
6-30
10c
Co.
7% preferred (quar.)
$1.50
(quar.)
$1.50
Mastic Asphalt Corp. (quar.)—.
•,
Mathieson Alkali Works, common——
McKenzie
6-10
6-20
—
McKesson
1
6-12
—
1
7-
6-15
7-
6c
Master
7- 1
7- 1
9-18
1
6-20
Inc.
preferred
l
7-1
7-
$1.50
6-2
1
Matson
10-
7-15
(quar.)
6-2
1
6-19
7-15
(quar.)
7-
10c
Keith-Albee-Orpheum, 7% preferred
Kelsey-Hayes Wheel, class A
______—
Class
......
.
preferred 2nd series
Electric
1
$1.75
Massachusetts Investors Second Fund
(quar.)
Massachusetts Plate Glass Insurance (s-a)__
Extra
7-
15c
preferred
7-
1
5
6-15
50c
(resumed)
6- 2
$1.25
$6 preferred
10-
—;
6%
5
6-
6-30
$1.50
Co., 6%
Maryland Fund,
6-
6-15
$17'Ac
7-15
1
6-15
1
$17'Ac
7- 6
__L—
Keystone Custodian Fund, series B-l
(G.) Brewing Co.—
Hein-Werner Motor Parts (quar.)—
Helme
Marshall Field
common——
Kerr-Addison
(initial
Company
Martin-Parry Corp.
6- 6
7-18
6-26
7-
6-15
$1.50
(Glenn L.) Co
6-14
6-15
6-15
1
Mining Co
5-31
6-20
8- 1
7-1
$1.75
__
(quar.)
&
6-10
$1.75
6-13
Martin
6-15
$1
Tel., common (quar.)
preferred
3
5-31
$1.25
Co., common
b-10
7%
&
11-
6-15
$2
preferred (quar.)
preferred (quar.)
7%
4
11-15
26Ac
—
7%
8-
$3
(P.
(B.)
6-15
1
8-15
25c
;
—
Central
Manlschewitz
5-29
7-
15c
RR., 6% prior pfd. (accum)
R.), 4'A% convertible preferred
$5 preferred (accum.)_
preferred (quar.)—
$5
6-15
)
$1.50
—_
7- 1
9-5
12- 5
5
Heilemnn
Maine
9
5-27
5-27
25c
_:
Co.
6-
$1.50
(quar.)____
(R C)
1
6-12
6-12
25c
(quar.)
6-10
9-15
12-15
6-
;
Hecla
Mahon
9
25c
i.__
preferred
(quar.)
$1.75
Gas,
Department
(
Hecht
preferred
Common
1
6-
$1,25
;
7- 1
$1.50
Co., $4,50 preferred
Kennecott
6%
6-
1
8-
held)-
com.
Maritime Tel.
15c
6-
50c
Co.,
——25c
Co.,
(Julius)
7-15
43%c
6%
(I.)
6-15
A
common
6-10
9-15
6-12
——
of
7-1
6- 3
6-15
(accum.)———
shs.
Mapes Consolidated Manufacturing (quar.)
Marathon Paper Mills, 6% pfd. (quar.)
Marion Water, 7'/o preferred (quar.)—
6-15
6-15
Publications—
preferred class A
Magnin
7%
Katz Drug
Series
10
each
Repeating Razor,
preferred (quar.)
Magma Copper
Magnavox Company
6-15
10- 1
$7 preferred (quar.)——
Kayser
for
4series
$5
5
7-
50c
:
of
6-8
15c
6-26
—.—
Consolidated
7%
6-15
$2.95
(quar.)—,
Power
$1
sh.
Magazine
5-
5-15
1
6-
$2
—
1
7-
6-15
25c
(quar.)
7-
$1.50
(quar.)
Natural
6-20
5-31
6-26
6-
30c
preferred——--—.—-—
Haverty Furniture, $1.50 preferred (quar,)_
6-15
7- 1
—
6%
6-30
15c
$5 preferred
6-16
1
5-31
6-15
(accum,)—
Chemical
Hartman Tobacco, $4 prior pref.
1
75c
___________
Kaufmann
25c
$1.50
—
7-
City Power & Light—
Kansas
3%
—
9-20
12-20
6-15
50c
$1.25
.
Quarterly
Quarterly
2
6-15
$1.50
preferred (quar.)
Kalamazoo Allegan & Grand Rapidb RR. (s-a)
Kalamazoo Vegetable Parchment Co. (quar.)
5
1
6-15
pfd.—
common.
(1
Mallory
$1.25
6%
6
,
Mangel Stores Corp.,
—
6-
H.)
dividend
5-31
—_——
Kansas
Stock
5-31
5-31
$1.06'A
—
Laughlin Steel Corp., com. (quar.)
5% Preferred, class A (quar.) —1
5% Preferred, class B (quar.)
Joslyn Mfg. & Supply, common
6-
Harrisburg Gas, 7% preferred (quar.)—
Harrisburg Steel Corp. (quar.).
Corp.,
—
&
6-15
1
710-
1-2-45
$$1.25
5'/o
25c
—
6-20
1*
3
—$5c
Co.,
$1.75
—
(quar.)
common
6-15
$1.62'A
(s-a)
Steel
Ltd.
$1.37'A
$1.50
1—
—
7-
Consolidated
25c
& Light Co.—
preferred (quar.)
6% preferred (quar.)
7%
preferred (quar.)————
Jessop Steel, class A——
Co.,
(quar.)_
30c
5Vz%
Tea
M.
Structural
Mines,
5-31
7-1
$2.50
$1.50
(quar.)
Jones
—;————
common
(quar.)
Co.
B)
M.
7- 3
Jersey Central Power
Jewel
J.. &
7- 3
,
xl.
$1.25
4lA% preferred (quar.)
Joplin Water Works, 6% preferred (quar,)—
dividend)——
5% 2nd preferred (quar.)—
Harvill
(W
6-9
1
xl'A%
———
Tel. Corp., Class A (s-a)
1st preferred
Jarvis
10c
—
preferred, (quar.)——-—
Harshaw
6%
(N. Y.)
25c
20c
—
(stock
C
6-30
_
(quar.)
preferred
preference
5%
6-20
$1.50
$1.37'A
43%c
(quar.)
(quar.)
common
Co.—
(M. A.)
6-15
Harbison-Walker Refractories Co.—
6%
.5%
6-
6-15
7-1
_
6-15
6-15
$17c
(quar.)
com.
7-
1-2-45
$1.50
preferred series A (quar.)—
$$1.75
preference B (quar.)—xl%%
7%
20c
(quar.)
Ltd.,
Service,
50c
—
7-
$1.'50
——
(quar.)
class
Public
(quar.)
(quar.)
preference D (quar.)
Jamaica Water Supply, $5 pfd.
6-10
of California—
Co.
and
A
1
Y.)
7-15
Co.————,————-
Paper,
7-
(N.
6-9
7-
—
6-15
9-15
8-10
11-10
5-31
6-7
7-1
30c
—
30c
pfd. (quar.)_
37'Ac
(quar.)—.—15c
—
6-30
(quar.)
preferred
6-
3
7-
7%
•
Co.
5-31
6-15
7-1
pfd.
-7-15
;
preferred A
Printing
Watch
6-
6-15
6-
7-15
10-16
9- 1
12- 1
6-15
7-1
Shoe Corp., 6%
Coal, common
preferred (quar.)
Jamaica
5
6-12
1
-
7%
1
7-
6-30
50c
$3
1
7-15
6-15
6-15
25c
25c
(quar.)_„—$75c
(quar.)—
$75c
$1
25c
:——
(quar.)—
Company
Hamilton
7-
preferred
Inc
-
6-15
$3
'Ac
Co.,
Creek
7-
Lamp—^
F.)
Island
6'A%
Lynchburg & Abingdon Telegraph Co. (s-a)_
Trucks,
$$2.50
—
(quar.)
preferred
Hall
6-15
Fireman
10c
(s-a)
$l.62'A
(R.
preferred
6-
$1.62'/a
Mack
preferred
Mfg. (quar.)
6-15
(quar.)__^.^
Macy
$$1.50
—
.___
Haclcensack Water,
Haloid
3
1
preferred (accum.)
6%
——:—
Hall
7-
<3
$6 preferred (quar.)—
Gulf States Utilities Co., $6 pfd. (quar.)—
$5.50
Trust
7-
Gulf Power Co.,
*'
Irving
(Montreal)
————
—
Guilford Realty,
Special
6-15
31'Ac
(quar.)
of North America
Gulf Oil Corp.
3
20c
Gruen Watch Co., common————
Extra
7-
$1.50
25c
13 Ac
$1.75
$1.75
$1.75
25c
$50
Group No. 1 Oil Corp
Quarterly
Quarterly
Irving (John)
$15c
Wire Co. Ltd. (quar.)
Greenwich Water System, 6% pfd. (accum.)
5%
Iron
5-30
_
Greening (B.)
Guarantee Co.
5-22
5-30
10c
'
1
(quar.)_—
Foundation, Ltd.—
6-19
Co.
(quar.)
preferred
6-24
6- 1
1
preferred
convertible
8
6-10
preferred
75c
45c
:
(irregular)
7%
—
convertible
6%
6-30
$1-50
;
,
Department
Interstate Hosiery
50c
'
6-15*
8
6-
6-30
6'A%
Stores (quar.)
Mills (quar.)—,
of Philadelphia (quar.)—
3
$1-75
Co.———-—,
$6 preferred (s-a)—-
—
Macassa
3
6-30
Copper
7- 1
7- 1
Exploration
Co.,
6-
7-1
6'A %
—
M.
6-
175c
(quar.)_,
Cananea
6-10
•
of Rec.
$1.75
,
Sales
MacKinnon
6-
$6
Lunkenheimer
6-30
7- 3
Holdert
1
(irregular)
Mortgage
&
6-13
3
6-15
5-31
$40c
Mfg.
6-15
3
6-15
Ludlow
6-15
7-
1
Title
6-16
6-30
Silver,
175c
40C
——
Louisville
6-30
7-
7-
3
Land
$1.25
Interstate Natural Gas
International
6-
Louisiana
$1.75
6-15
6-
Interstate
8- 1
6-30
7-
$1.50
;
Los Angeles Investment
&
25c
25c
preferred (quar.)
7-10
6-16
Payable
(interim)
common
7-10
$$1.75
50c
Canada——
Co.,
(quar.)_
6-30
8
7%
&
When
thare
Company
1
Ltd.—
Co.,
6-15
6-10
—
(reduced)—
preferred (quar.)
Green (Daniel) Co., common
6%
5-19
6-15
6%
7%
Greene
1
6-
Investment
1st pfd. (quar.)—
6%
Greenfield Tap & Die,
6-11
of
Co,
(accum.)
International
Salt
Co.—,
International Shoe Co. (quar.).—
preferred
20c
$1
2nd
Great
Power
7%
have
should
preferred (quar.)
Western Sugar, common
6%
Nickel
International
in last week's
Co., preferred
Great West Saddlery,
International
1
6-21
Investment Corp.
400--—
Great Northern Ry.
1
6-
1
Warehouse—
Terminal
Semi-annual payment shown
issue of
the
"Chronicle"
read
6r
6-15
7-
._
8-
6-10
(P.)
$1
:
—
Per
Name of
50c
Minerals & Chemical, com.—-i
6-15
:
(quar.)
7- 3
$$1.50
$$1.50
preference (quar.)
4% preferred (quar.)
of Reo.
$30c
preference A (quar.).
International
Holdert
Payable
Lorillard
———
20c
Inc., $3 preferred (accum.)
(payment clears all arrears
Gorton
(interim)—.4
5-15
Gorham,
Gorham
class A
Common
6-21
6-30
When
thare
Ltd.—
6-15
(quar.)
B
Per
International Metal Industries,
1
6-
.
$1.25
common
(quar,)—
preferred
class
50c
$1.25
°50c
common
(quar.)___
& Rubber Co.,
Goodyear Tire
$5
Co.,
6-15
Name of Company
of Ree.
Pavaoie
thare
Name of Compana
Holder1
When
per
**
Monday, June 12, 1944
preferred (s-$)_^____
50c
12'Ac
7-
1
6-30
6-
5
6-
3
6-24
6-16
$1.50
8-1
7-21
$l.r?5
F-15
5-
$1,25
8-15
7-31
2
Volume
Number 4289
159
THE COMMERCIAL & FINANCIAL CHRONICLE
Per
v
f
.
thare
Name of Company
,
National
Radiator
25c
Co.
National Refining Co.,
6%
.
when
Name of Company
of Pec,
6-20
Pickle
Crow
6
6-15
Pilgrim
1
6-15
Pittsburgh Bessemer & Lake Erie—
7-15
6-15
6-14
f25c
Corp. Ltd. (quar.)75c
Corp. (quar.)
:
__!4_—35c
.National Sugar Refining Co. (increased):
!Nazareth Cement, 77c preferred (6-a)——
$3.50
Nehi Corp., $5.25 1st preferred (.quar,)——' $1.31 y4
6-
6-
6-15
.
Common
2
1
6-15
7-
1
6-15
6-15
Common
Nestle-Le Mur
25c
•
5-29
20c
7-
1
7-
1
77o
6-15
6-
1
$6 preferred
$7
preferred
$1.12%
England Tel. & Tel,
.New Haven Water (s-a)
New
..Idea,.,
6-15
Pittston
5-31
$1.31 (4
(accum.)
6-15
5-31
$1.25
:
$1.50
Newport" Industries, Inc.-——
News Shipbuilding &
New
Pond
6-15 #
1
6-10
1
7-15
;New York Central RR
:
New York Gity ; Omnibus_Xx__Xx!—-----.
6-15
10c
.Co.—.~4;
6-
50c
:■
7-15
6-27
6-16
Price
Arch
Bridge
Niagara Share
Corp.
(Md.)
10c
preferred A
—_xi—
Niles-Bement-Pond Co.
North
American
Stock
V
Co.,
dividend
Electric
sh.
6-
5
6-30
6-15
Public
Nat'I
6-15
5-12
Public
Service
30c
6-30
6-20
7-
1
7-
1
each
Gas
__
Ontario
8-
7
3
6-26
6-
+6c
7-25
$$1.50
7-25
7-
1
$1.50
7-
1
6-13
87V2C
7-
1
6-15
'
Brass,
Ltd.——
class A
6-20
6-30
6-15
6-15
6-
15c
6-24
6-8
6-24
6-
Oil
67c
5-26
40c
——
Co.,
Purolator
Putnam
8
57c
preferred
preferred
South
6-15
South
50c
$1.25
7-
1
6-15
7-
1
6-15
$1.25
7-
1
6-10
$1.50
7-
1
6-10
Rapid Electrotype
Raybestos-Manhattan,
Seamless Tube
6-23
$1.75
6-15
6-
Ohio
prior
■
___
50c
6-15
6-
$2.50
7-1
Manufacturing Co
Quaker Oats Co., common
6-16
25c
—
Co.,
$1.25
7-15
6-15
5-26
Southern
Southern
5
Rayonier,
5-13
6-15
Reading
Inc.,
C<5.,
preferred
Ontario Loan & Debenture
Manufacturing
6-15
preferred (quar.)
Reliance Grain, 6%%
preferred
Reliance Insurance Co.
6-30
6-15
Reliance
1
6-15
Remington Rand Inc., common (interim)
$4j/2: preferred (quar.)
Rensselaer & Saratoga RR. (s-a)
184c
Elevator,
6-15
5-31
6-20
6-
7-
20c
50c
6-13
(quar.)_„
125c
8-15
—
4$1.75
,
common
6-20
__________
6
6% preferred (quar,)_—_____i-——
6-20
$1.50 ,*•
10-15
^Ottawa Car• &, Aircraft, Ltd;,- common-—
420c
Ottawa Electric Railway (quar.)__—.
7- .1
' J50c
•l ' :
Ottawa Light Heat & Power, com.
•7- 1
; $15 'C
(quar.)—
4 5%
preferred (quar*}._--~-_
7- 1
;v. $$1.25
,..7
1
5-
5
■V; $4%
dividend
(Minn.)—"•
series
Pacific
Indemnity
Pacific
Mills
V''.;'''1
•
>4
(quar.)
1
50c
7-
1 *
6-15
$1.12%
"
—
———
'Rheem
6-15
6-
Telephone
&
Telegraph
:
Tubes, Ltd. (quar.)_
Companies, common (quar.)
4;j
Manufacturing
Richardson
1
preferred
(quar.)
4.
^Parker Appliance
Paton
15c
6-20
.9-
9-30
;
,vV-%
Co.,
57c
River
6-iG
Inc.,
6-
•
Raisin
12-
_
—
Ltd.
—
67c
5-31
$$1
6-15
•46-15
75c
6-14
50'c !•
7-
1
10-
1
9-15
1-1-45
12-15
common_x~
___x;
Riverside
Riverside
1
Metal
Silk
11-
1
2
,
(quar.)—
common
•
Common
——
_4
50 c
(quar.L—_u_—
V
•
$1.40
class A
(quar.)
$1.40
class
A
(quar.)———4__;—
$1.40
class
A
50c
___—
35c
$4.25
$1.12%
.
,
7-
1
7
6-10
-7-
1
6-10
7-
1
6-15
15c
8-
1
7-15
15c
8-1
7-15
■Rochester
4i/2$>
8-
11-15
Penn
Electric Switch -Co.—
$1.20
Penn
35c: 2-15-45
_______
5
4
Roos
Ruberoid
••
preferred, class" A (quar.)
(s-a)__—_______
30c
Traffic
—X
—
C.V Co.—
Pennsylvania-Dixie Cement Corp.—
Penney
7%
preferred
(accum.)
.Pennsylvania Edison,
•
$2.80
•
preferred
6-
7-25
7-15
Ruud
6-30
6-12
Russell
6-15
6-
'•;! "
$5 preferred
<quar.)__
75c
1
6-10
Standard
Oil
Co.
$1.50
7-
1
6-10
Standard
Oil
Co.
Standard Oil
(N.
12 %c
6-30
6-20
12 %c
9-30
$1.37%
$1.75
50c
.
7-
1
12-30
7-
12-21
1
7-1
10-
6-21*
4
1
6-15
9-15
6-15
5-25
6-12
6- 3
7-1
6-15
7-
6-10
1
6-15
10c
■6-15
77-
5C
7-
1
6-10
6-
G-
1
5
5
6-17
1
6-17
6-20
6-
5
$3
7-
1
6-20
'
60c
6-21
$50c
6-14*
7-
6-15
(quar.)
20c
.
$1.12%
7-1
6-20
7-
6-15
25c
7-
$1.62%
8-
Safety Car Heating
7-
1
6-15
4
preferred (auar.)_
Pennsylvania Railroad
(irregular)—
Salt Mfg.
(irreg.)
$1.25
Pennsylvania
Sugar,
5(0
preferred
Pennsylvania Water & Power,
$5 preferred (quar.)—
'Peoples Drug Stores
com.
6-
5-29
(quar.)_
12%c
7-1
6-15
(quar.)_
$1
(irreg.
Circle
•Perfection
Pex-ron
Pet
Works
Water
40c
Stove
Gold
Milk
Co.,
Co.
pfd.
1
.
:
45/4%
preferred
$1,25
&
(quar.)
Trading
Regis
San
1
6-
partic: class A
$5
preferred
1
(accum.)
8
—
X.
Paper,
77c
;
Francisco
preferred
Remedial
(accum.)_
Loan
Assn.
(quar.)
8 7c
6-21
6-10
7%%
1
6-
77o "debenture
6-30
9
6-20
5-31
6-10
1
debenture
■6Vz7o.
B
C
debenture
D
(quar.)-.
Schenley Distillers Corp., 5Vz7o pfd.
Schiff Co.',' common
(quar.)____
5J/a% preferred (quar.)___
$1
preference
7-1
6-10
Co:,
common
6-
5
1
6-
1
1
6-
1
1
6-20
7-
$1.25
7-
$1.50
—
7-
Schlage
Scott
Lock
(quar.)__'__!
Paper Co.,
$4 preferred
$4.50
!—*,
preferred
(quar,)
Seattle
Brewing & Malting
Co.—
Co._
!—
;
—.
6-
3
Selb^ Shoe
6-30
6-
3
Scranton
Electric, $6 preferred (quar.)__
Scranton
Lace
'
Oil
50c
50c
1
6-10
10-21
9-30
10-21
9-30
Securities
67c
Co.
(Del.)
(quar.)_
6-10
6-15
6-
6-15
5-15
50c
7-
1
6-20
7-
1
1
75c
6-19
50c
6-15
5-15
25c
6-15
5-15
25c
6-15
50c
6-12
5-15
5-15
6-15
5-31
50c
5-31
$1.25
7-15
6-30
$1.0614
47-15
6-30
6-15
6-
25c
.
6-30
6-15
6
(quar.)
$1.25
$1.25
9-30
9-15
$1.25
12-30
12-15
(quar.)
(quar.)
Co., common
8 7o
preferred
(accum.)
Strawbridge & Clothier, 5% pfd.
6%
conv.
Stetson
$1.75"
37 %c
Paper
&
of
5%7o
6-
7-
1
5
1
6-15
6-15
6-30
40c
7-
1
7-
1
t3c
7-15
5-27
6-20
6-
1
6-20
5-
6
A____!_______
50c
1
8-15
12-
1
11-15
6-30
6-15
$1.25
8-
1
,6-17
10c
7-
1
6-15
2Qc
.
._;!
common
9-
50c
(quar.)____
684c
7-
1
6-15
J20c
7-
1
6-
9
$62y2.c
7-
1
6-
9
6-15
6-
1
Texas
Gulf
7-
5-31
preferred (accum.)
35c
Sulphur
<quar.)_
!
Water
Co.,
Oil
&
preferred
1
6-20
Thatcher
1
6-20
Manufacturing
Thermoid
Co.,
1
6-20
7-
1
6-20
$1.37%
7-
1
6-24
25c
6-15
5-31
6-15
5-31
6-15
6-10
(quar.)____
Co
preferred
7%
preferred
Associated
Roofing,
Oil, $4.50 pfd.
7-20*
1
6-15
6-29
6-19
Tip-Top Tailors Ltd., common
77c
preferred (quar.)
preferred
Timken-Detroit
(quar.)______
6-12
6-
3
$1.50
7-
6-
2
Trinity
5-19
5
Trion
6-10
5%
7-.1
6-10
Insurance
Troy
&
6-
1
6-15
6-
1
1
6-
9
7-
1
5-25
5-25
6-20
6-10*
6-
7-1
6-
1
3c
6-26
6-
5
25c
8-15
8-10
25c
11-15
11-10
(irregular).
(quar.)
RR.
6-15
6-15
1
(quar)
7-
1
20c
Association
(s-a)—
6-15
6-
5
$0.61111
(initial)
Greenbush
1
6-15
$714c
/-
Co.,. 'common
7-
$$1.75
Quarterly
preferred
7-15
35c
Tonopah Mining Co. of Nevada
6-
7
6-
$1.12%
(quar.)
Axle
Universal
7
6-15
50c
1
7-
1
5-31
66-
10c
8-
conv.
(quar.)
common
5-29*
7-20*
7-
6-15
6-15
6-15
$1.25
(quar.)
1
6-14
2
25c
common
6-12
6-15
6-
$1.75
(quar.)
8-
10c
6-30
1
10c
preferred
Products,
convertible
25c
1
75c
(quar.)
Common
Tidewater
7-
50c
Shovel,
Thompson
1
7-15
50c
I
common..
convertible
$1.40
9
66-
10c
6%
7-
Tilo
6-
6-15
6-15
30c
Land___
$5
1
25c
Texas
Thew
6-12
7-
50c
Extra
$3
5-27
6-28
50c
(quar.)______
6-15
25c
Corporation
7-
37%c
6-30
25c
(quar.)
Company
1
4-27
25c
4
class
7-
3c
6-
5-25
6-15
30c
$1.75
12 %c
6-12
6-15
Telephone Bond & Share—
Texas
6-15
6-12
Corp.
(quar.)
77c 1st
Tennessee
6-30
1
30c
participating preferred (quar.)____
(G.), Ltd., common (quar.)___
Preferred
7-
to
Co._
Common (irregular)
Tacony-Palmyra Bridge,
Tamblyn
6-12
10c
changed
Co.
(James)
1
7-
1
10c
America___
preferred
1
7-15
25c
Sylvanite Gold Mines (quar.)„.
_x_____
Syracuse Transit Corp., common (irregular)
5%
6-20
6-20
7-
7-
$1
(quar,)
Sylvania Electric Products—
Talcott
1
1
30c
Products Mfg.
Co.
77-
7-15
6-15
$1.25
(accum.)__
Strouss-Hirschberg Co.
General
6-30
$1.25
Sun Oil Co; (quar.)
Sunray Oil Corp.____„
Sunshine Mining (quar.)_
Superior Steel Corp
Supersilk Hosiery Miils name
1
1
50c
,
(quar.
5
V
475c
B.)
6-
6-15
t25c
____________
preferred
(J.
preferred
50c
Acceptance, common
preferred (quar.)—
6-20
$1.12%
(s-a)___„____
12%c
Co._
(quar.)$1.25
(quar.)
:___x___x*T
50c
—
6-30
7-
common
$1,12%
—
Manufacturing
7-15
(quar.)
$1
30c
50c
5-31
6-15
25c
45c
Seaboard
pfd.'-(quar.)
______
—
;25c
-
(quar.-.i.
Philadelphia Transportation Co.—
$1 participating prefprred (s-a)^^___
V.t.c. for partic. preferred (s-a)
—!
common
(quar.)
Scovill
,
common
Philadelphia Electric Power, 8^
6-12
$1.50
,
Electric
.
J.)
$1.37%
(quar.)
1
(Indiana) (quar.)________
(Ky.) (quar.)__
$1.62%
._—
8-
(quar.)
6-
%c
$2
—
7-15
Steamship Corp.'—
$1.87%
(quar.)__—
(quar.)———:
5-31
1
25c
Texon
Electric & Power Co,—»■
debenture A < quar.) x.
1
7-
20c
r_.
Philadelphia Dairy Products—
$6 prior preferred <quar.)__
Philadelphia
12
25c
x__
7-15
6-30
$1,064
(quar.)—.
(quar.)—
6-15
10c
Savannah
Corp;—-
Philadelphia Co., $6 preferred
6-15
6-23
6-15
$2c
—
6-15
6-30
50c
_________
'Petroleum
6-30
1
1
25c
.4
6-15
7-
7-
37%C
(quar.)
1
5
$3
7-
50c
6-15
6-
Croix*Paper Co., 67o preferred is-ai_
St. Louis Bank
Building & Equipment Co.-—•
Semi-annually
7-
.
7-
1
6-15
St.
6-15
7-
6-15
6-15
Class .B
6-15*
6-12
preferred
Swift
$30c
___:
——xx_
1
7-
preferred (quar.
Stedman Brothers, Ltd.
6-10
1
Service, class A
50c
8-
•
preferred
6-26
$$1.75
Lighting Co.—
$1.12
V
5%
Sutherland
South
(quar,)—
-
6
7-12
5%
Sweets
7-
Public
10-
$1.0614
(Irregular)
6-12
6-26
Louis
5-31
7-14
10-16
80c
Common
6-10
$1
St.
6-15
$1
Irregular
7-15
:_
&
5
Stecher-Traung Lithograph Corp.—•
1
90c
common
6c
Oil
1
25c
of
6-15
1
35c
Co. of Ohio, com. (quar.)
57c preferred (quar.>
4(4% convertible preferred (quar.)__
Standard Wholesale Phosphate & Acid Wks.~
6-20
25c
Mfg. Co.—
:x_x—
Consolidated Petroleum (s-a)
7-
$1.75
*
(quar.)—
common
7-
3
1
'
(quar.)_
Ltd. "(quar.)
Mines,
Co..
•
$1
—
7%
Co.-———
6-15
6-15
'
Peoria
1
6-28
$2
$1
.."$1.25
Peoples Gas Light & Coke
'Perfect
7-
__•
:
—
(quar.)
St.
•
Pennsylvania
A
common
(quar.)
Ryan
1
Standard
50c
Russell
1
7-
$1.50
$5
preferred
6-15
7-
1
(quar.)____
stockholders
Industries, Ltd.,
77c
3
Sugar Co. *
6-15
4 7-
$1.75
■,
Porto Rico
6-15
25c
$1.25
(quar.)';
Pennsylvania Power & Light, $7 pfd. (quar.)
$6 preferred (quar )______.
x__
class
6-
7-
$1.50
6-12
$5
&
Russell
6-10
70c
4
>
2
$1.25
(quar.)
______
(Helena),
8-15
6-20
57c
____x-_____
Manufacturing Co.,
9-15
$1.25
9-20
—
preferred
6-16
5-15
10c
$3
preferred
(accum.)
Standard Oil of *California_^___:
15c
$6.50
&
1
'
Company
Payable to common
■
4!x_!_x_______
^
Pennsylvania Glass Sand Corp., com.
5% preferred (quar.)_"_—
.
6-15
12 V2c
,
(J.
Fruit
7-
Co;
Rubinstein
/Standard
$1.50
7-15
Ltd.—
(quar.)
6-30
6-15
$1.25
(quar.
Standard-Coosa-Thatcher
6-10
—
Inc.,
10c
(quar.)
1
$1.25
—
Corp.
(quar.)———
preferred
(quar.)Pendleton (quar.)—
*1
Bros.
2
Co.—
Sons, common,________
preferred
Common
3
_x_
Telephone
Common
2-5-45
6-
$1.25
(quar.)______
Staley (A. E.) Mfg., $5 preferred
Standard Brands, $4.50
8-
'
(quar.)—
'■
(quar.)__
preferred B
7-
Cotton Mills—
1st
Roeser &
5-31
_____x___________x-_
A
15c
,
conv.
&
preferred
25c
25c
participating class A preferred
11-
8-15
35c
—
$2
'6-15
Quarterly
Squibb (E. R.)
6-
4.
'
Peninsular Telephone,
Common (quar.)
6-15
(quar.)__________
Southwestern Engineering Co.
6-14
25c
Co._x_x_'_.
Mills
$1
.
7-20
6-20
Southwestern Life Insurance
(Dallas) (quar.)
Spalding (A. G.) & Bros., "1st preferred
Spencer "Trask Fund, Inc.~__
•:
$5
$1.50
(quar.)
8-15
7-15
preferred (quar.)
5-19
•
preferred (s-a)
5-31
6-
non-cum.
5-31
———_
„
6-15
t20c
ZZZZ1ZZZ2ZZZZZ
Phosphate
Railway Co.—
57c
6-15
4
;
preferred
5-20
t$1.50
__
(quar.)
.
,Southland Royalty Co,
(quar.)__
Southwestern Associated
Telephone
36
preferred
(quar.)__.
6-15
;,;;
Corp.—
Paper__!;__.
Co.
preferred
30c
50c
Riverside & Dan River
3
6-20
6-15
1
common...
convertible
7-15
6-28
5
Co.
Corp.
Stoker
•Hitter
57c
5-27
25c
(quar.)__—x
37%c
6-
$1.75
(quar.)
6-20*
6-
1
50c
Riley
1
8
t$1.75
Ford,
Brothers
preferred
7-15
6-15
(quar.)
Riegal Paper
6-12
•''•6-30
25c
—
preferred
&
V
7o
8-15
37%c
6-15
8-
•
Co.
Manufacturing Co.,'Ltd.,
7%
Penick
7-
7-1
50c
6
'
.6-10
•
'7-15
$1
40c
_X__~
(reduced quar.)———
'•Parker-Wolverine
6-27
6-10
;
Co.
8-15
6-15
Company
"Richmond- Water" Works
6-15
6-27
50c
.Paramount Pictures (quar.
Increased quarterly
'
50c
Richman
6-15
6-30 '
y' 7- 1
$$1.25
4":
—
Special,-!—
4%
J
$1.50
_
Page-Herse.v
Paraffine
(quar.)
(quar,)—
*
Pacific
1
9-1
$1
'
(quar.)
2nd preferred
9-
12V2c
12V2c
12 %c
1st and
37VaC
$1.12V2
4,
1st and 2nd preferred
6-15
6-15
preferred (quar.)__
—
7%
6-15
1
1
Spring Valley Co., Ltd. (liquidating)_______
Springfield Fire & Marine Insurance Co.—
(quar.).
77c
6-15
7-
50c
(quar.) —_L
CO.
(quar.) ,!
f-y \
1
77-
Spiegel, Inc., $4.50
$4
(quar.)
; { Common, (irregular),
Reynolds Metals, 5% 7c conv. pfd.
-Reynolds. (R, J.) Tobacco Co.—
;
4 5- 5
7-
$1
$2
(quar.34%c
non-cum.
$$1.62%
"■•
.
9-15
•
B
50c
'
6-15
—
—
Steel
1
6-15
6-15
30c
Corp,,., common
copv. prior preferred A (quar.)
•V 67c
convertible preferred (quar.)
Reymer & Brothers, common (irregular)—
Common (irregular)
"
Otter Tail Power Co.
preferred
7-
1
1
*
67c
5-24
6-
pfd. A
7-15
7-
1
9-1
40c
(accum.)_
(quar.)___
(interim)
.
5 7c
25c
6%
A
67c
5-24
.
Investors Fund,
90c
7-
(irreg.)
preferred
Republic
7-15
7-15
..
Corp.
67c
.-'•:
6- 3
:
8-15
20 c
—
Republic
6-15
1
t$1.25
Steel
$1.12V2
_______
.
7-
40c
(Philadelphia, Pa.)
5-31
6-15
—
(quar.)
common
9
434 c
•
Co.
7-
$2
(quar.)
Co
Steel
Products,
preferred ! quar.)
77c
5-31
6-30
25c
______
preferred
Sugar Co.__—
Ontario
6-
6-15
—
participating
Ontario
6-30
1__.
.
6-22
$1.60
"
(quar.)
7-13
(s-a)_l
35C
75c
Corp., common
87c preferred (quar.)__X_____________xx_'■
.•'Oneida, Ltd., -common—.
77c
Canada
$1.75
(quar.)_
Omnibus
Onomea
of
6-15
6-15
87 %c
Reed Prentice Corp., 77c preferred
(quar.)__
Regent Knitting Mills, $1.60 preferred (quar.)
Water
Service, class A
Oklahoma Gas & Electric, 7pfd.
Oklahoma Natural Gas, common
Otis
Real
6-10
Co.
6-13
1
6-30
$$1
5-13
6-
6-20
Loan
5-26
7-1
40c
50c
(quar.)__i_^
6-15
Estate
1
*6-12
'
50c
6-15
5
6-
6-15
/
37 %C
(quar.)—
40c
(quar.)— X____—
5-31
75c
$2 preferred
2nd
6-15
7-
$1.50
6-15
5-29
6-20
25C
6-20
5-29
6-30
1
1
!
Co.—
Sugar (increased)
Company.
C
6-15
7-
62%c
1
6-21
1
1
(quar,)
1
6-13
7-15
6-
pfd,
1
7-
6-21
7-
8-
5-25
7-
$1
25c
15c
5-31*
6-23
$1.50
(accum.)_
50c
9
,
5-25
(quar,)______!
9
8-31
6-30
6-10
6-15
Pacific
6-
6-24
7-3Q
6-26
Rico
&
1
Natural-Gas____x__
6-
6-15
6-10
Southern
1
20c
6-
6-10
6-20
Southern
,,
1
75 c
class A
(quar.)
7-
$1.50
5-25
6-20
10c
participating preferred (quar.)_______
Southern Colorado
Power, 7 7o pfd, (accum.)
7-
—x
6-14
6-15
(quar.)___x___
preferred
$1.25
'
pfd.
6%
6-30
50c
43 %C
common—.
preferred
5%.%
5
5-25
25c
67c preferred sferies B
(quar.)__________Southern California Plastic Co.
(stock div.)
Southern Canada Power,. common
6-12
6-14
$$1.50
(quar.)
6-20
3
5-20
25c
(quar.)
6-12
6-23
7-1
3
6-
15c
Extra ■
Southern California Edison—
5%
original preferred
5-28
6-
6-15
$1.50
—
5-29
6-30
$1.75
25c
$1%
,
6-20*
1
50c
Inc..
Ohio
7v
6-28
(accum.)____„__
Co.
preferred
Porto
7-10
6-10
6-30
.
Porto Rico Sugar
Co., com.
Special
8% preferred (quar.)
Southeastern Greyhound Lines
5-15
6-30
:
•'
6-15
Oil
Russell
1
3
Ltd.—
South
5-15
5-15
50c
(quar.)
67c preferred (quar.)
Quaker State Oil Refining-.
(s-a)_
6-15
6-15
$1.75
.
—
$1.50
Oil
See
10c
Fund
$1.25
Ohio
South
6-15
! $1.25
Products
(George)
Pyrene
;
7-15
«■•
4Vz7o
1
5-15
6;
preferred
Penn
5-30
8-
6-30
;
Pittsburgh Water
$1.50
6-10
(quar.)
6-15
$1.25
-
1
preferred
6-15
6-30
50c
x
(quar.).
(quar.)
7-
.Ohio Forge & Machine Corp: (irregular)—
.Ohio & Mississippi Telegraph Co.—
;
4
6-15
1
1
7-
25c
(quar.)—_——_
$1.50
—
-
1
77-
Oklahoma—•
_!_
6%
preferred B
1st
50c
$2
$6 preferred (quar.) —4
————
Ohio Finance, 5% prior .preferred
(quar.)—
•
58 %c
X
:
Ohio Cities Water, $6 preferred (accum.)
Ohio Edison Co., $5 preferred (quar.)—x~
y 67c
6-20
1
7-28
:
South Carolina Elec. &
Gas, 5%
South Carolina Power Co.—
41%c
_xx__
$1.75 :
(quar.)—
preferred
Pure
5
1
7-
$25c
(quar.)_
___—„!
of
1
6-28
6-
7-
5c
Sorg Paper Co.,
7-
5-20
tl5c
;
_*
Aircraft Co
Sonetone
Corp
4.6%
5-22
6-12
*30c
preferred
Solar
,
'
40c
,'Ohio
—_:
77o
first preferred
(quar.)
!__.
Puget Sound Power & Light Co.—
$5 prior preference
(quar.)____
'Pullman, Inc.
6-10
50c
7Vsc
—
common
.7-
6-21
t$1.75
common
(Howard) Paper Mills,
67c preferred (quar.)x____
Snap-On-Tools Corp. (quar.)
6-10
6-21
415c
$$1.75
xx
Smith
5-25
6-10
1
$1.50
(quar.)___
-_x_
$1.20
6-10
7-
30c
Manufacturing
Extra
5-25
6-25
40c
Iron,
5-31
7-10
(interim)-
;x__—-'
Inc.
(quar.)__„__
Sloss-Sheffield Steel &
•
—
7% preferred (quar.)
•,No-Sag Spring '(irregular)-—-—
Nu-Enamel Corp.
(quar.)-————„
Co.,
1
7-
Canada
Skilsaw,
$6
common voting
(quar.)
Common non-voting
(quar.)—
Original preferred (quar.)
>
6-20
2
6-15
.
37%c,
(quar.)_
Publication Corp.
6-30
6-30
,
$1.62 %
Co.
preferred
77c
6-15
3C
:
Public Service Electric & Gas, $5 pfd. (quar.)
3
common
Service
7-15
.
6-15
_j.
—
7-
57c
6-
7-15
:
(quar.)
Public
6-16
$5c
(quar.)
Singer
6-20
7-15
;
$5c
(monthly)
preferred
50c
Norwalk Tire & Rubber,
Sugar
preferred
87a
1
6-20
20c
preferred
6-10
7
7-15
6-15
43c
—
of
77c preferred (quar.)
Simonds Saw & Steel Co.
1
$1C
.preferred
1
6-10
6-
475c
(quar.)——
(N. Y.)
Colorado—
of
7-
8-
9
6-15
$$1.50
(quar.)
8-
1*
6-
Mines_
preferred (quar.)
Sigma Mines, Ltd. (Quebec)
Simon (H.) & Sons, common
(quar.)_______
5-15
1
5-25
5c
7 7c
5-31
preferred
9-11
6-
7-
6-15
6-15
77o
16c
6-28
50c
10c
6-10
"
/Ogilvie Flour Mills,
Shenvin-Williams Co,
6-15
(s-a)
6-
50c
67c preferred (quar.)
—_x_i„_x
.Northland Greyhound Lines, $6.50 pfd. (quar.)
Northwestern Telegraph (s-a)
Oahu
Sherritt
6-15
6-15
1
:•
Power,
5-22
1
25c
6-15
lc
1
Gordon
6-15
10c
Co
7-
15c
Trust
Lead
6-15
5-25
I0c
$1.25
Manufacturing Corp..
7-
5-31
&
common____
6-16
1
1
48%C
,
____X
Corp,,
50c
(quar.)—._—x
,
(quar.)
$2.50
6-15
7-
:
Northern Natural Gas
Northern
Sherman
10c
7.17/8C
—
(s-a)
Sheller
—
North American Life Insurance, common
North Star Oil Ltd., 7% preferred (accum.)
Northern Liberties Gas
6-10
6-20
1
A
Steel
1
25c
■
7-
1
Class
Sharon
1
7-
22c
Extra
7
7-
6-15
10c
6-20
x—!__
7-
3
62c
—$1.25
6-10
$2.50
(monthly)
(monthly)
Public Service Corp. of N. J., common
67a
preferred
(monthly)-—
6 7o
preferred (monthly)
$5 preferred
(quar.)
——_—
North
100
———
preferred (quar.)—
5% % preferred (quar.)
(quar.)
(quar.)___
(quar.)
7-
Inc.—_—
75c
American held)
class B
$5 convertible preferred (quar.)
Shattuck (Frank G.) Co. (quar.)x_,
—
6%
V.
77a
&
Corp.,
6-10
(s~a)_—_—
Co.
67o
6-20
;
Pacific
Co.
Ltd.—•
—
Bank
5 7o
5-20
$1.50
of
for
:6-15
$1.50
preference
class A preferred
6-
(quar.)—————— i $1.37%
b7o preferred (quar.)—
$1.25
Original stock
Cashable stock
i$i
—
prior
conv.
57o
5-19
15c
Prudential Investors ————X_—
Public Investing (Phila.)—
2
(quar.)
5-31
5
—
(s-a)—
Insurance
preferred
6-
——-
$2Vss
6-10
10c
&
6-15
7-
$25c
Brothers & Co.,
50c
common—
(1
common
6-16
6-15
6-15
(quar.)——
Accident
50c
1st preferred A (quar.)
1st preferred A (quar.)
$6
5-31
6
(quar.)—;—.
Alexander,
$1.50
Noblitt-Spdrks Industries
Noranda Mines, Ltd.
(interim)
North American Car Corp., common
$6
.6-1,0
7-
450c
(quar.
class B_„__
6%
5-31
75c
6-15
—
Gamble,
Proprietary Mines
5-19
6-14
$1.75
Niagara Lower
&
14' 5J/s%
Procter
•
6-15
25c
Corp. of Canada, 6% pfd. (quar.)—
non-cumul. partic., preferred (quar.)—
6%
5-27
75c
,
9-15
1
5-34^
434c
Brothers, Inc. (quar.)
Seiberling Rubber Co.—
6-10
of Pee.
(quar.)_—_____
preferred
6-15
Seeman
1
Holdert
10c
75c
Premier Gold Mining Co., Ltd
Preston East Dome Gold Mines
5
7-
$1.75
(quar.)—
Pocahontas
Company
Power
-New York & Queens(Electric Lt. & Pwr. Co.—
Common
Creek
Powdrell
6-17
8-
$1.25
M
1
6-24
When
Payable
common
$2.50
—
—
Development
Potter
6-10
7%
Serrick
—__
Co
Co., class B $5 pfd.
Preferred
(quar.)___~_x_—
York; Auction
6-15
Dock-—
Dry
'
preferred
7-
b-L 0
$1.75
::
RR._
Erie
Metallurgical
Plymouth Oil Co.
9
6-
75c
Planters Nut & Chocolate (quar.)—,—
Plume & Atwood Manufacturing Co. (quar.)
1
20c
Newport
$5
7-
$1.75
Jersey Power & Light, $6 preferred—
fNew Jersey Water, 7% preferred (quar.)
6-
1
7-
6-30
15c
;
New
"
6-30
u
$1.50
-__x—'—x_—
inc.'
6-15
25c
—
(quar.)
Lake
<fe
Pittsburgh Thrift Corp.
Placer
.__Xx___——x__
(accum.)
preferred
5-31
:
—-—
;
Pittsburgh Plate Glass
.New England Public Service—
New
(quar.)
Pittsburgh
Pittsburgh
,6-16
13c
England Fire Insurance Co. (quar.)—
6-15
60c
Co., $2 partic. cl. A (accum.)
J.), common (quar.)—
Newberry (J.
■New
12V2C
x—____——
(quar.)——-——
*
6-30
of Company
Security Engineering Co.,
,
'
______
(s-a)
•
Forgings Co.
—I
Pittsburgh Fort Wayne & Chicago Ry. Co.—
5
7-
"Co._.—
Pittsburgh
6-15
3
7-
Exploration
Name
5-27
10c
1
7-
Pot
ehare
*
of Reo.
6-12
$5c
7-
Steel Car
Common
Gold Mines Ltd
2453
Holdert
Payable
20c
—._
50c
__
•National Steel
Neisner Bros,
thare
Corporation
6-
1
Philco
$1.50
pfd. (accum.)
pr.
7-
Holder!
6-30
15c
4;
National Standard Co. (quar.)
'National
Payable
Products.-!
Oils
•National
When
6-15
6-
5
$1.75
6-15
6-
1
«
THE COMMERCIAL & FINANCIAL CHRONICLE
2454
Per
Truax-Traer
Tubize
Tobacco
Twentieth
£08
Lt
South
Co.,
$6
Union
Pacific
6-26
6-17
75c
1
6-
7-
1
6-15
7-
1
6-15
15c
6-12
$1.50
6-12
5-31
1
6-5
(quar.)—
—
Wire
United
Aircraft
Corp.,
Ltd.—
7%
U.
10c
6-30
IT.. S.
Common
(quar.)
Common
6-12
7-
1
6-15
1
7-
1
6-15
States
xLess
1
6-13
6-
7-
50c
6-15
1
6-17
5-
$2.50
7-10
30%
6-20
1
6-15
5-22
$1.37%
6-15
15c
1
Income
—
6-
6-15
10c
not
closed
20c
7-
$1.75
$1.75
1
6-
6-15
50c
1
6-15
7-
1
6-15
7-
1
6-10
for
—
40c
6-20
5-31*
40C
9-20
8-31*
40C
12-20
11-29*
7-
50c
6-15
1
6-15
6-15
Gold
certificates
due irom
7-15
7-
3*
6-19
6-
U: S. Treasury-.
259,467
6-15
5
Industrial loahs_______
6-
;
5
Bills--
1
62 %c
40c
■>.
$i
Co. (Salt Lake City)
(reduced)—
——:—
Insur.
11,130
5
6-15
6-
6-15
6-
6-15
6-21
2
9-21
J
6- 1
-6-15
$1.25
6-20
9
9-
$1.75
12-
9
126-
1
6-15
JlOc
6-30
6-17
25c
6-20
6-
6-15
6-
7-
,
—j._;>
;
+ 7,973,482-
+ 360,870
+
Liabilities—
1
—
7)102
+
13,786
+
37,251
+
118,744
7
..
_
Time
4,034
—
1,754
Demand
$1.50
1
6-
6-20
6-22
6-
+117,431
13,357,767
262,102
1,515,629
Other
+4,969,558
312,192
+
interbank
+
9
Total deposits
37,879
+
Deferred availability items-
1,228,701
6-20
$1.50
6-10
Other liabs., incl. accrd. divs..
25,237
+
254,168
!■
1
6-17
Wamsutta
Ward
Baking.
612
+
36
.vr<:
;
(initial)
5% preferred
_____—
guaranteed (s-a)~:
:—-L
class A (s-a)___—
Ware River RR.,
"Warren Brothers Co.,
Class B (s-a)—
Class
C
—___—-
Washington Water Power, $6 pfd.
Motor Co. (quar.)
(quar.)_i_
Wayne Knitting Mills, common———
6% preferred (s-a>__
Wavne Pump Co
—
Oil
Co.,
Snowdrift
&
5-15
6-15
5-15
5-
50c
6-15
6-30
+347,028
6-
5
6-15
6-
7- 5
6-30
67 %C
8-
1
7-20
$1.25
8-
1
6-15
$1.50
6-
5-25
7-
6-
1
1
6
1
6-15
7-
$1.50
7-
1
6-15
7-
1
.
..4
.
"$
.
per
shkr6
9
Tabor
136
200
Tabor
Manufacturing Co. common
Other capital accounts
75,443
Total liabilities & cap.
436
accts._
35,890,031
Bank, Lambertville, N.
Union National Bank, Frenchtown, N. J.—.
National Accident & Health Insurance Co.
National
Amwell
.
.
•
-
•
.
56.4%
.8%
4,469
513
7,030,120
+
BOND
to
make
—
18.9%
'
—
day, June 7:
7,880
-
Condition Statement of Member Banks
3
of
the
Federal
Reserve
in
System
leading
101
Realty
Board
Colonial
58
•
2-4-1957——— __J
Co.
100
Co..—
'.bond ■:
for the week
ended May 31: Decreases of $108,000,000 in loans, $134,-
cities shows the following principal changes
55Va
301
100
$117 lot
Pittsfield, Mass., par $100__
par $300—
Co.,
.." Boston' Athenaeum,
Colonial • Board Co._
______—_______—_—,
Southern Field Petroleum Co., 8 pfd.___,—)
.49
$225.25 Conveyancers
The condition statement of weekly reporting member
banks
Trust
Berkshire
1
r
$ per share
STOCKS
Shares
27
:
-
$200 lot
Boston, on Wednes¬
Transacted by R. L. Day & Co.,
indus¬
trial loans
-
■
r
Phil^, Country Club deben. note series A, due 1956
$1000
res.
Commitments
j
_____
10,682
—
+347,565
to deposit &
F. R. note liabilities combined
Ratio of total
7-20
6-20
..
+
101
157,372
_____
5
$1.25
:
26,965
9
$3.50
Lofland, Philadelphia, Pa., on
STOCKS
+7,002,964
6-15
6-15
"
ctf. of indeb. or deb.
$25 lot
1948
6-19
West Indies Sugar
Extra
common——_
(s-a)
Corp.
50c
6-15
$1.75
8-31
t$1.75
1st preferred (accum.)—
7% pfd. (quar.)_—
participating
Wellington Fire Insurance- (s-a)_—
*
6-12
50c
Welch Grape Juice Co.,
Wesson
40c
106
10,861
—
Shares
2
Capital paid in
5-12
5-12
141
4
deposit, accounts except
S.
Gov't
accounts,
.
6-15
+
12
U.
and
-
6-15
733
—
10
Surplus (Section 13b)_
6-20
t25C
83
896
188
200
7-
1
1,104
+
—3,031
10,016
5-10
25c
.
27,686
6-10
J20o
20
+
Credit Service Inc.
$3000
6s,
& Fixture—
Weber Showcase
$2
35,442,154
Surplus (Section 7)
1
+ 4,822
+239
—538
+
6-15
50c
——
23
+
6-
6-26
25c
Waukesha
49,0
-
188,097
6-20
25c
(interim)—
,
-292
85
+
Wednesday, June 7:~"j
Capital Accounts—
7-
75c
(accum.
common
+,
+;
V
r
27
>
19
15%
Manufacturing Co. 6% preferred-.:—$425 lot
50c
50c
preferred
$7
Ware Shoals Mfg.,
33
Auction Sales
4
t$l
$1.12V2
—
Total liabilities
30c
t$l
(quar.)
Mills
199-
—
4 !;.
.
r-'-V;
8,146
^
——
Transacted by Barnes &
132,195
+
10-10
—
+
2,381-'
+1,901,247
25,183
—
9
7-10
.
___P—_.
——_—
121,292
+
10,752
9-
$■1.50 £- 19-20
7-20
—_
u
+
—
2,899
+
500,452
+
15.553.474
1
10-20
$1 preferred (quar.)———Walgreen Co., common (quar,)-,
4%% preferred (quar.)
+
—1,234
86,773
—
—.
•;
*—
during week
1,192,730
45,382
+
r—»
417,976
7-15
8-
37 %c
—
Foreign banks—
6-10
62 %c
+7,030,120
-
accts.
Foreign
6-15
$1.75
\
~7
36,208
6,705
4,982
—
deposits
deposits..—
Interbank deposits: y
9,611
—
+ 347,565
,
18,649,227
Deposits;
1
50c
33 %c
$1.75
(quar.)
2,003
.
deposits-adjusted——.
U. S. Government
Liabilities—
Member bank—reserve acct.
7%
Common
—3.337
+
,
Borrowings—
Debits to demand
U. S. Treasurer—gen.
".'7%
preferred (quar.)
—
preferred (quar.)_
;
—.—
Wabasso Cotton, Ltd. (quar.),.-.
—
Wagner Electric Corp. (quar.)—
_*
Waiaiua Agricultural Co.__
Waite Amulet Mines, Ltd." (quar.)__
Waldorf System Inc. (quar.)
Walker (Hiram) Gooderman & Worts—
19
—
in'
616
39
8,197,973'
+
35,890,031
Federal Reserve notes.
6-25
—.—
+ 358,608
7
'
2,878
Banks—9,060
Cash in vault,
526
Balances with domestic banks.———
2,118
98
77
—
—134
Reserve with Federal Reserve
Domestic banks
5
:
Obligations guaranteed by U. S. Government
1,551,149
34,794
66,479
Total assets
5
25c
___;
263,552
16
—
—,18.141
—
■
136
Other assets_____V____—_—_
1
$1
Detinning, common__
—
U. S. bonds—
71,518
Uncollected items
1
50c
Commoh
Treasury notes
+
-r
1'
1,326!
2,299
8,886.
7,087
—
259,835
6-10
9-
25c
Victor
■'
-1
+
55
—_______
Other loans
Treasury certificates of indebtedness—*.—.,
14,859,977
F. R. notes of other banks
Bank premises
$1.75
Ltd. (interim)Equipment, common (initial)preferred (quar.)___—
—
Uictor Monaghan Co.
(quar.)__.—
, '•
Viking Pump Co
—,
Virginia Electric & Power, $5 pfd. (initial)
Virginian Railway, common
(quar.)—
6% preferred
(quar.)—
—
•
12-23
1-2-45
62 %c
conv.
Loans to banks..
+ • 146
-j-
.
279
< .310
1,073
+
1,271
—
..
...
Real estate loans:..*
2,186
14,609,297
Due from foreign banks
1
Ventures,
1,271
','-v. V VV,,-
Total loana and securities.
5
T10-
—
—
+2,141,290
93,000
! I'
so)
622
570
5-31
$1
Veeder-Root Inc.
+
184
60
—
,
,,
!*
S. Government obligations
+ 5,835,909
+ 265,608
+
1,447,496
—
(incl. guar. sec.)___
62 %c
—
to
Other securities——;_
?.
226,677
—
293
,
.
Other securities—
62 %c
(quar.)__
661
—
2,806
+
U. S. Government obligations—
i
—1,286,737
+
+
—108
Other loans for purchasing or carrying:
90,124
,•
2,923
1,190,035
Total U. S. Govt, securities
5%
V
308,078
—
55,897
-
+
3,240,490
Bonds_____
5%
prior preferred (quar.)—___—
prior preferred (quar.)—______
5% prior preferred (quar.)__.
——
Utilities Equities Corp.—
$5.50 priority stock (accum.)—_____—-1
+
5,609
—252
10,081
industrial, and agricultural.", \
—:
__________
5,846
brokers and dealers for purV.-
Other securities.
.
.
8,731,276
i—i
Notes
10c
Utica Knitting, common—r___—.—
—1,504,691
3,712
$
49,988
—
Treasury bills
r
Certificates-
6-15
1
75c
(quar.)_—_—
.U.
•
6-15
$
chasing or carrying:
$
54,000
+
—
6-2-43
5-24-44
$
Investments—total___
loans—
Loans
(+) or
(—) Sinco
5-31-44
Loans—total.
Commercial,
U. S. Govt, securities;
6-10
Vulcan
Decrease
Loans and
$
—
19,305,978
239,550'
reserves
6-2
*
-
Assets—
5*
6-
30c
preferred
de¬
posit accounts, follows:
,
10c
common_______
Company——:____
of the principal assets and liabilities of
summary
,
June 9, '43
May 31, '44
..
Discounts and advances____
$1.25
(quar.)—
$
18,687,125
359,386
hand and
on
Redemption fund-^-F.. R. notes__
Total
1
6-
Norman
A
6-15
7-
$1.50
62 %c
6-15
Vapor Car Heating, 7%
7% preferred (quar.)
at all
reporting member banks, and of debits to demand
;————
June 7, '44
Other cash
6-14
Van
domestic banks increased $98,-
Deposits credited to
000,000 in the St. Louis District and $83,000,000
reporting member banks.
this dividend.
■.-■■■
Assets—
6-15
Co.
the Chicago
6-5.
9- 5
12- 5
■
,
_____
Refining
,
6-15
9-15
12-15
i
$235,000,000 in New York City and $87,000,000 in
District.
,
were
'
75c
75c
75c
•
- •
•
1
Oil
25c f
t>
.
posits declined in all districts except St. Louis, and the
total decrease was $538,000,000; the principal decreases
(In thousands of dollars)
v
Increase ( + ) or Decrease
(—) Since
—
6-
Utah
5-20
6-10
6- 1
Reserve Banks Combined
3*
6-15
C*.
6-15
7-1
6-15
tax
—•—
6-15
7-
$2
7-
Hotel
50c
$1.37Va
000,000 in the San Francisco District, and $239,000,000
reporting member banks, and declined $228,000,000
United States Government de-.
at all
in the St. Louis District.
,
25c
Utah
6-15
6-9
6-20
6- 1
6- 1
New York City,
-
$15
Fire
7-1
7-15
6-15
deposits adjusted increased $174,000,000 in
$90,000,000 in the Chicago District, $66,-
Demand
b
Statement of Condition of the 12 Federal
43 %c
Home
15c
25c
_______—_
(Initial quar.)
6- 5
6- 5
6-15
6-15
5-25
5-22
7-
non-cumulative preferred (quar.)__—
(N. Y.) (quar;>_—
Utah
7-1
Holdings of Treasury bills declined $70,000,000 in the
Chicago District, $36,000,000 in New York City, $32,000,000 in the Boston District, and $134,000,000 at all report¬
ing member banks.
Increase
$1.50
—*
Products
$6ViC
City and $50,000,000 at all reporting
(In millions of dollars)
United States Trust Co.
Universal
6-15
6-15
7- 1
7- 1
________
—
-Universal Cooler, $1 class A_———
Universal Laboratories, $2.50 pfd. (quar.)__
7%
$1.12 Va
$1.12Va
$1.75
$1.50
York
6-20
—•—
Co.,
Jamaica
books
•Transfer
.
Tobacco
6-28
6-28
tPayable in U. S. funds, less 15% Canadian non-residents' tax.
tPayable In Canadian funds, tax deductible at the source.
Non¬
resident tax, 15%; resident tax, 7%.
a Less British income tax.
4
12% %
U,. S. Potash, 6% preferred-—————
U. S. Printing & Lithograph Co.—
United
50c
$1.75
in New
000
member banks.
6-15
$1V4
(quar.)——
5% prefered (quar.)-—L__
U, S. Sugar Corp., $5 preferred
Co
—
50c
(quar.)—
Playing Card
S.
6- 6
6-16
6-16
-
7-
50c
(quar.)
'U.
6-16
.
(quar.)—,
& Foundry, common (quar.)—_
Pipe
6-10
25c
Mfg.
Towne
Corporation
(L A) Spring & Wire
com. (quar.)
preferred (quar.)
Youngstown Steel Door_a__..____—_
Zion's Co-operative Mercantile Institution—
Quarterly
i.~>
Quarterly
Quarterly
6-15
7-1
53c
—
(quar.)——
7% prior pfd.
preferred
7-15
6-10
Youngstown Sheet & Tube Co.,
,
58V3c
Leather Co.,
S.
7-31
7- 1
7- 1
$1.25
7%
Steel,
5%%
t4c
preferred (uccum.)——
$2.75
preferred
(accum.)———
Uppressit Metal Cap, 8% pfd. (accum.)
Upson-Walton Co. (reduced)——
U. S. Graphite Co.
(irregular)—
$1.50
25c
Extra
5-19
5-31
United Public Utilities Corp.—
XX, S. Gypsum Co., common
1
6-
6-30
50c
(quar.)—
preferred
York
6-30
—
Co.
—.—_______
United Light & Railways—
7%
preferred (monthly)—
—
6.36% preferred (monthly)
6%
preferred (monthly)—
United Merchants & Manufacturers (quar.)
5% preferred (quar,)———
United Molasses, Ltd.—
Ordinary registered (final)
—
United New Jersey RR. & Canal Co. (quar.)
United Printers & Publishers, Inc.—
$3
&
Yale
35c
„
10-16
10-16
25c
(Alan)
Young
United Illuminating
$2
6-
5-25
6-15
(irregular)
common
1
6-15
6-15
Circuit—
Equities of Canada
&
Standard
6-19
,
25c
common (quar.)—
5% preferred (quar.)———
:~
.United Elastic Corp—
————
United Gas Improvement, common (irreg.) -
United Gold
1
6-
7- .1
$.1.50
common—
Theatre
United Artists
————
6-15
50c
Air Lines Inc,___-_-^r-—»-r—
United Aircraft Products,
5-31
25c
(quar.)
Union
United
Rope
7-
$1.50
11-1
11- 1
(quar.)
(quar.)
preferred (accum.)
Woodward & Lothrop, common (quar,)
7% preferred (quar.)—____________
Worthington Pump & Machinery Corp.—
4%% conv. prior preferred (quar.)
4%% prior preferred (quar.)
—
7% preferred A (quar),
6% preferred B (quar.)
Wright-Hargreaves Mines
—
2
7-
10c
com.
$1.50
Commercial, industrial, and agricultural loans declined
$29,000,000 in New York City, $14,000,000 in the Chicago
District, and $60,000,000 at all reporting member banks.
Loans to brokers and dealers for purchasing or carrying
United States Government securities declined $38,000,r
Co.—■
Power
Extra
Wood
7-31
7-15
$1
Oil
Wiser
$239,000,000 in demand deposits adjusted.
7-15
preferred
6%
6-20
5-31
15c
(quar.)
RR.
1
6-15
_____
(quar.)—
preferred
6-14
6-24
7-
12 VaC
——
Union Metal
8- 1
'
Electric
United States
7-15
Extra
Wisconsin
6-
75c
—
Quarterly
1
6-15
1
7-
95c
preferred (quar.)
Manufacturing,
7.6%
6-15
Hosiery,
Winstead
6-15
6-30
—;
common.-.
8-15
8- 1
8- 1
Extra
37 Vac
Corp.
Carbon
&
Investment
Union
6-15
$1.12 Va
$1.75
(quar.)—.—
Co.
(quar.)
quarterly
Quarterly
50c
Paper Corp
Bag &
Union Carbide
6-20
6-30
6-30
(quar.)
Manufacturing
Unexcelled
Union
St.
Salle
183/4C
$1.50
$1.50
$1
1
1
000,000 in holdings of Treasury bills, and $538,000,000 in
Government deposits, and an increase of
of Ret
Corp.—
convertible preferred
75c
6-20
77-
50c
Fox
Winters & Crampton
5
7-15
$1.75
$$1.75
Ltd.,
Co.,
Century
6-
Payable
lhare
Name of Company
of Rea.
Holder
When
Per
Holder»
6-15
25c
Corp., common-,
7% pfd. (quarj
Film, com. (irreg.)
$1.50 convertible preferred (quar.)
$4.50 prior preferred
(quar.)
Twin City Rapid Transit, 7% pfd. (accum.)
Twin Disc Clutch Co. (quar.)
Tuckett
Payable
$1.37'/a
(quar,)_
preferred
5%%
Coal,
Rayon
Wfien
ehare
Name of Company
,i(
Monday, June 12, 1944;
8-15
25c
■
7-
1
6-
8-11
—
—.
West
Virginia Coal & Coke (irreg.)
West Virginia Pulp & Paper Co.
;.
25c
6-12
6-
2
50c
6-12
6-
2
6-14
6-
7-
1
6-15
$1.50
7-
of 1930, the Federal Reserve Bank is now cer¬
the requirements of Section 522 of the Tariff Act
cable transfers in the different countries of the
tifying daily to the Secretary of the Treasury the buying rate for
world.
We give below a record for the week just passed:
3
20c
—
Pursuant to
6-15
25c,
——
Foreign Exchange Rates
1
8-15
.
FOREIGN
EXCHANGE RATES
CERTIFIED
JUNE
r
.r
-
RESERVE BANK TO TREASURY UNDER TARIFF ACT
BY FEDERAL
2, TO JUNE 8,
1944,
OF 1930
INCLUSIVE
West Virginia Water Service—
$6
Inc.
Water
Westvaco
6-16
$1
Westmoreland,
(George)
6-10
25c
Coal
Westmoreland
Weston
6-15
6-24
6-30
$1.25
5% preferred (quar.)———:
Westinghouse Air Brake
Westmoreland
1
87V2C
50C
preferred (quar.)
—
Light & Telephone, $1.75 pfd. (s-a)
Western
Western Tablet & Stationery; common
(quar.)
Co., 6%
Ltd.
5-15
6-15
6-
i_
7-
1
1
6-10
1
6-
5
$4.25
(initial
Weyenberg Shoe Mfg.
Wheeling Steel Corp.,
$5
convertible
White Motor
Whitaker
$1.06%
quarterly)—
37 %c
(s-a)
Paper,
common
(R.
1
1
6-
.051275*
1
6-
.051275*
"
6-10'
$1
—'
Co., 7% preferred (quar.)_
C.) & Co,, Inc
7-
1
6-17
7-
1
6-17
$1.75
7-
1
6-17
30c
7-
3
6-15
8C
__
Wisconsin Investment Co._
7-
1
6-10
Wisconsin
Michigan Power—
4%% preferred (quar.)
V/isconsin Power & Light, 6% pfd. (quar.)
7%. preferred (quar.)
1
Wilsil, Ltd.
(initial)"—
.572766*
4.035000
4.035000
India (British), rupee
.205860
-
Official
.
—
pound
Union of South Africa,
$1.50
6-15
5-31
5-31
t$2.50-
$$2.50
6-
1
6-30
11-15
Controlled
Noncontrolled
5-18
12-30
.909090
-i
■
906250
4.035000-
—
-
.
•Nominal rate.
pound
,.
■
:906875
4,035000'
r
.301215
.301215
.909090
.909090
.909090
.909090
.
.903750
:-.903750"
.903750;
3.24^2Q3f
3.980000
3.980000
3.9QO0P,0,n[
-
.529640*
cf\\\
.658300^
.658300*
.658300*
J.1j
*
•
3.244203!,
;
,
.301215
,
.205820
r
«
■
,
..
.909090
.905000'
3.244203
3.244203
1
.658300*
r-U
529640?? -.,1
.529640*
"3.980000
-
3.980000
.658300*
r *
■
,0.
.907500
.572766*
-
4.033Q00
1
.904375
"
3.98,0009'-.'•*
'7658300*
•
-
.
,
•
.529640*-..
,
-
.205820
s
.909090
"
.572766*-
.205820
3.244203
.529640*
>
.301215
.903750
..
.909090
.205860
3.244203
.
1
■
1
.572766*-
4.035000
Uruguay, peso—
6-15
1
•
.572766*
'
.051275*
.051275*
.051275*
'
.906250
•
.060587*
.060587*<
.205860
«
.909090
—
Free
$1.75
3.228000
3.228000
-
Newfoundland, dollar—
5-31
7-
.251247*
.301215
.301215
■
6-15
t25c
preferred
.906250
.572766*
Mexico, peso
$1.12%
(quar.)
Winnipeg Electric, 5%
5% preferred
.906250
/
:
England, pound sterling—_—<——
New Zealand,
—
.909090
J
Pxee
Colombia, peso
.251247*
.060587*
.909090
.909090
;
.297733*
.251247*
.051275*
:
Official
9
6-17
—
_
__
.
.297733*
3.228000
.060587*
.060586*
Canada, dollar-
9
7-
$1.75
(quar.)
Whitman (Wm.)
Williams
6-
7-
25c
(quar.)_;
6-15
Free__
6-10
25c
(quar.)
Co.
7% preferred
1
$1.25
common..;
preferred
7-
$
$
$
3.228000
'
June 8
June 7
June 6
,297733*
.251247*
.251247*
.060586*
Products—
Chlorine
preferred
r.
'
•
*
.
.297733*
3.228000
3.228000
Brazil, cruzeiro—
United States Money
$
.297733*
.251247*
—
Australia, pound
in
June 5"
$
.297733*
-
Free
6-15
7-
7-
$
Official
3
$20c
(quar.)_
Value
Argentina, peso—,
York
Buying Rate for Cable Transfers in New
June 3
June 2
6-20
7-
$1.50
25c
pfd.
(quar.)
1
6-15
Noon
Country and Monetary Unit
"
■
.529640*
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 428$
Volume 159
be
General
(Continued from page 2420)
Dee. 31
Income Statement for Years Ended
•.
Dividends
$9,390,213
' 946,974
Interest
stocks owned
on
$8,764,006
810,316
I—————.
owned
bonds
on
264
8,424
18,039
interest
Other
—v, :
royalty from real estate———
Miscellaneous income—v;:/'
■■
<
Rents
and
income
Gross
305
112
J $10,345,985
—
$9,592,7.78
15,951
957,074
1,791,160
19,602
12,163
Expenses of maintaining organization--——"~
■■Tax' ''accruals
Interest
on
1,791,160
bonds-_--.:--.U-.--.--.--i-.----.---^i-
■
Other
1,330
charges'
Net
.
income.
Sinking
fund
Dividend
Bal.
appropriations——————
—
"Dividend in
'
——
transferred
credit
to
—
;
^
Crawford, President, states:
.
Working capital of $103,541,551 ($32.02 per share) on March 31,
1944, surpassed the previous high mark.
Cash and U, S. Government
securities
on that
date totaled $75,189,337, excluding
-$24,122,000 of
U. S. Treasury tax savings notes and $6,171,682 of Government securi¬
ties held in funded reserves.
.
Decree in
.
Anti-Trust Case
..On May 8, 1914, the U. S. District Court at Philadelphia entered it»
giving effect to its original opinion of April 20, 1943, and it$
supplementary opinion of Jan. 22, 1944, in the Government's anti¬
trust suit against the Pullman group of companies.
The effective date
of the District Court's decree, unless appeal is
taken, will be July S,
1944.
In case no appeal is taken, Pullman Inc. will have a further
period of 90 days from the effective date of the decree, within whicl*
to
file
with the Court its election on the required
disposition of
either (a) the sleeping car business or (b) the manufactm-ing busi¬
decree
and
ness,
to file
also
After
nesses.
Pullman
Inc.
plan to effect the separation of those busi¬
by the Court of a plan" for such separation,
have a period of one year within which. to
a
approval
will
then
out its plan.
:
;
,
.
Until there has been opportunity to make thorough' study of the
provisions of this decree and of the probable effect thereof upon the
business of the several companies in the Pullman group, and until
advice of counsel has been received upon the question of an appeal
of this case to the U. S. Supreme
Court, directors will not make
electric
output for the company and its subsidiaries for the
Week ended June 3, 1944, amounted to 119,694,000 kwh., an increase
5,316,000 kwh., or 4.6% ' over the corresponding week of 1943,—V, 159, p. 2309,
...■
/ /, ■
of
decision
to
as
will be
Philco Corp.—Battery Shipments Up 25%—
'
tation reserves.
carry
The
is
provision, amounting to $709,462, has been added to post-war rehabili* 1,
Philadelphia Electric Co.—Weekly Output—
stock (par $50), $124,625,000; long-term debt,
$44,779,000; bonds .and interest .matured and . unpaid, $21,469; misc.
accounts -payable,
$45,281; accrued Interest,- $746,3171 tax liability,
$1,598,703; other liabilities, $25,582; deferred credits, $12,147; funded
; debt retired through income and surplus since Aug. 1, 1935, $4,000,000;
sinking: fund reserves, $500,000; profit and loss, $31,560,007; total,
$207,913,504.—V. 159, p. 2308.
$550,000
over a period of
provision for $8,375,100 for Federal taxes on income for th®
quarter of 1944 was equivalent to $2.59 per share of
stock, or
3Va times the net income available for payment of dividends to
stock¬
holders.
The claim for post-war 10%
refund of excess profits tax
on May 31 declared an extra dividend of five cents per
and a dividend of 20 cents per share on the common stock,
$20, from current profits or from surplus funds on hand. both,
payable July l to holders of record June 20.
Like amounts were dis¬
bursed on April 1, last.—V, 159, p. 1044.
Liabilities—Capital
received,
was
Total
par
•
,
D. A.
The directors
Assets—Investments, $1,799,327; securities owned, $198,534,689; cash,
$5,653,379; dividends and interest receivable, $1,856,437; other accounts
receivable, $21,684; deferred assets, $32,363; deferred charges, $15,625;
total, $207,913,504.
$1,450,000
first
share
1
of
bftlance is Payable serially
Pullman Inc.—First Quarter Statement—
(The) Pfaudler Co., Rochester, N. Y.—Extra Dividend
$1,308,991
.
General Balance Sheet, Dec. 31, 1943
\
-
$6,978,713
securities')
1942 paid in
■
& loss—
of profit
$6,808,991
500,000
•>5,000,000
$7;478,713
500,000
—
payment
included in the properties.—V, 159, p. 2122.
,
1943
_
initial
1945'
years
Under the terms of* sale, the
company has a 35-year option covering '
all exportable timber of
pulp species produced on Crown Grant lands
yield basis as of Sept. 1.
Mr. Ranney stated "even if the present high excess profits tax
rates should be reduced to the level of the present normal and surtax
rates during the next three years, the aggregate earnings of the
company for the period between now and 1948 will not be appreciably
affected by the duplicate interest, although the earnings of individual
years Within that period will be affected to varying extent, depending
upon the number of 1947 bonds presented for retirement."
After giving effect to the proposed financing, the outstanding longterm debt of the company will consist of $4,846,000 Mutual Fuel Gas
Co. first mortgage 5% bonds, due 1947;-$15,000,000 first and refunding
mortgage, series F, 3 % bonds, due 1956; $20,000,000 first and refund¬
ing, mortgage, series G, 3% bonds, due 1961, and $22,000,000 first;
and refunding mortgage, series E, due 1966.
Mr. Ranney said that company now plans to retire at maturity
from then current funds the Mutual Fuel Gas Co. bonds, due In 1947.
With the consummation of this transaction, the funded debt of the
company
will total $61,864,000,
a
reduction of $30,913,100 since
Dec. 31, 1932.—V. 159, p. 1768.
1049
/
.■
„
An
n*
according to George A.
Pennsylvania Co.—Earnings—
„
ments.
deposited with the trustee of the non-callable refunding mortgage
bonds to provide for their retirement on or before Sept. 1, 1947,
Ranney, Chairman of the board,
Upon completion of the transaction, the company will offer to pur¬
chase the bonds due Sept. 1, 1947, at any time prior to Sept. 1, 1944}
at a premium of $118
per
$1,000 bond, together with interest to
Sept. 1,
The premium is the equivalent of slightly more than a 1%
5%
Corporation and
Investment News
:
2455
further
advised
action
to
be
taken
this
in
Stockholders
case.
promptly of further developments.
■/'/*
'
*
Consolidated Income Account
Shipments of the corporation's storage battery division in the first
four months of 1944 were 25% greater than in the corresponding
period last year, according to M. W. Heinritz, Vice-President in charge
;
Pennsylvania Edison Co. (& Subs.) -Earnings—
/
!
Calendar Years—
Operating
.
J—
$
of the
557,446
As
of prop¬
Federal, income .taxes—w———"Other .taxes.—
——
767,089
465,890
784,465
equipment———
.——
.—
292,300
463,708
447
Drl2,778
$2,570,917
1,380,165
$1.<>79;480
617;330
$1,190,751
;
■,
j
Gross!
'
income
" "
-r*r
Income deductions/
.,
//
Net income
'Dividends
$5
on
i
pfd. stock_^„——w--.—-
...
r 'ni
each
:1^
/
tion
Res.
The First National Bank of Jersey City has been
V.
on*
the
for
preferred
and
common
appointed transfer
trust certificates.^—'
voting
Net
•
12 Months Ended March 31—
.
1944
.
::
:
1943
;
.
Liabilities—Common ..stock, .$166,600;
.long-term
debt,
$27,875,000;
^payable dan; 3, ,-1944,
accrued,
.accounts
preferred stock, $12,676,509;
payable, $196,529; dividends
$213,153; customers'
deposits,
$47,859;. taxes
■
Maintenance
Provision
accrued, ; $219,913; other ' current and .ac¬
crued" 'liabilities*?$392,256; deferred credits, $54,314; reserves, $5,467,*707; contributions in aid of construction, $123,739; capital surplus,
$5,552,753;
earned
surplus, $1,255,534; total, $54,637,062.—V.
157,
$395,196;
interest
2155.
p.
;
.-...v..
.
;
revenues
General
■
_
'
Net
———
for
depreciation—.—^—.^-.
from
income
$13,470,943 $11,889,913
4,692,724
3,825,953
893,938
727,400
.1,206,635
1,142,495
211,605
2,644,140
$2,460,316
695,000
657,350
—_
Pennsylvania Power & Light Co.—Earnings—
Period End. April 30—
.
Operating
Operating
•Federal
expenses
taxes
-i
Property
..
—
retiremt.
res.
.
-•'appropriation
limited-term
of
Amort,
investments
•
.
Net
.:'
--
1,617
-
—.
——
Excess
oper.
Other income
Gross
Interest
(net)
income
charges
.
159, p.
$478,097
'$5,711,149
Pressed
Mos.-
The
operating
83,287;719
revenues
Maint.
of
way
Maint.
of
equipment—•
& struc.
9,985,016
15,774,892
Traffic
1;003,351
.Transportation
32,000,987
Miscell. operations— ^
1,286,926
General expenses —1,439,764
—
5
Net
fr.
.27,631,696
80,750,516
Railway taxes
jx <11,782,000 11,448,192
38,511,000
,.tJneraploy. Insur. taxes
(.1,020,690
4,277,210
.933,243
Railroad retire. taxes_„
1,105,322, .1,010,075"
4,634,511
737,715
Equip, rents—Dr bal—
1,043,597
3,346,596
Jt. facil. rents—Dr bal.,
202,963
229,552
818,786
rev.
ry.
21,796,783
oper.
-
86,293,384r
..
,
,
38,429,887
3,710,758
4,021,137
3,108,869
943,919
Net ry. oper, income
rTenders
6,642,211
Sought—
.
13,272,919
.
.
29,162,413
36,078,814
^
.
;r»;
The Girard Trust Co., .trustee, Philadelphia, Pa., will until 11 a.m.
<EWT) June 30, 1944, receive bids for the sale to it as of July 1,
.
1944, of general mortgage 4(4%
an
amount
te
exceed
—V.
sufficient
their
to
bonds,, series E, due July. 1, 1984, to
of $250,370, at prices not
exhaust the-sum
principal
amount
159, p. 2309.
(exclusive
of
accrued
interest).
New
additional
Peoples Drug Stores, Inc.^40-Cent Dividend—
A
Steel
York
shares
Car
Co.,
$5, payable July 1 to; holders of record June 8.
This
compares with 25 cents per share paid on April 1, last.
In 1943,
the company. made the following- distributions:
April 1, 25 cents;
July 1, 40 cents; Oct. 1, 35 cents; and Dec. 29, -25 cents.—V.- 159,
p. 2236.
•
-
process
.•>■
—:
for
1,694,255
3,224,052 .17,353,661
835,539 i'v 1,127,208
uv'i -
94,578,357 108,919,481
6,171,682. < 3,974,321
898,908
1,719,723
321,289
.307,768
5,548,917
2,173,515
deprec.)--!—
-1
-
post-war
29,409,511
and
refund
SAccounts payable and payrolls
Accrued prov. for Fed. taxes on
42,946,253
income,
28,447,663
42,811,021
4,882,378
26,376,940
3,598,550
6,870,364
23,065,586
10,937,708
—
19,047,916
net
ment .shipments/-!-.——-—!-—-———^—-;
Advances on munition contracts-———
!—
8,817,000
,
.
■Reserves:—
Deferred -credits
16,895,797
9,365,154
Capital stockPullman
Stock
of
309,406,260 293,590,499
—
Liabilities—
/
587.
has authorized the listing of 7,000
stock (voting)
par $1 per share,
on
Exchange
common
Pullman
Inc._———1
Co.
(a
129,339,880 132,115,880
4,485
5,926
—
sub.)
-48,548,585
payment in full, pursuant to an option
total amount of such common stock applied
"
'
Nov. 4, 1943, approved the granting to Ernest
Murphy, the principal executive employee in charge of the Hegewisch
(Chicago, 111.) plant, of an option to purchase for cash, all or any
part, at any time or from time to time, on or before Nov, 4, 1946,
of 7,000 shares of common stock at $7 per share.—V. 159, p. 2309.
making 'the
agreement,
Total ————————————i!.
•48,889,670
Public Service Co. of Indiana, Inc»- -Earnings—
Period End. April 30—
Operating
revenues
purchased
Gas-purchased
1944—12 Mos.—1943
1944—4 Mos.—1943
$10,280,155
$9,407,424 $29,029,792 $26,615,759
2,519,672
2,208,002
776,703
763,733
352,522
Prov.
933,062
923,406
1,389,049
2,709,656
Total
792,985
772,702
459,705
678,522
2,211,836
1,843,396
1,593,006
2,052,664
516,863
2,140,425
2,165,763
depreciation,
State, local and miscel,
Federal
taxes
Fed.
normal
Fed.
excess
&
surtax,
370,089
tax,,
2,073,834
prof,
2,699,723
1,308,705
678,522
taxes
Other
;;
1^-
income-
income
$1,743,861
$5,905,697
$5,573,275
86,175
61.861
$5,659,450
2,830,621
$995,876
$2,828,828
$2,856,655
30,098
$8,800,000 on March
formation of a new
stations
June
Int.
&
income
other
$1,773,959
deducts-
Net income !
—'V.
3,110,902
159, p. 2122.
with
both
filmed
subsidiary to supply television broadcasting
and live talent programs was announced"
by N. Peter Rathvon, President.
Known as R.K.O. Television
Corp. it will have its headquarters in New York and will be headed
by Mr. Rathvon.—V. 159, p. 2309..
"
•
- f
6
Railway Express Agency,
Period End. March 31—
Revenues
and
and
funded
Other
debt
disct.
inc. (& Subs.)—Earnings-
1944—Month—1943.
income— $33,469,903
18,710,797
1,221,318
Operating expenses,Express taxes
Interest
Gross
31 and
Radio-Keith-Orpheum Corp.—New Subsidiary—
The
$5,967,558
832,474
$2,013,703
1,017,827
$941,484
(net)—
$1,985,071
28,632
'
assets of the Fund as of June
1 exceeded $9,400,000 compared
$7,500^000 on June 1, 1943.
This
growth is due- to the purchase of new shares by investors' and to an
increase in: the market value of the Fund's investments. ' The' net',
asset value of each share on June 1 was equal - to $14.04 ^compared
with $13.57 on March 31 and $13.29 a year ago.—-V. 159, p. 1801. • >
7,164,726
1,150,202
-
(George) Putnam Fund of Boston—Net Assets—
1,291,755
2,432,163
425,603
for
522,736
1,395,052.
7,654,425
513,966
2,650,053
Maintenance
Other operation
adjustments in the'
carrier
with
<
309,406,260 293,590,499.
§ Including provision for unpaid retroactive wage
division.—V. 159, p..2236.
.
par
.
in
Accrued provision for other taxes, not yet dueProv. for renegotiation refund on 1942 arma-
Inc.—Listing of Additional
for 949,897 shares.
The directors on
Net oper.
dividend of 40 cents per share has been declared, on the common
Ctock,
34,041,652
3,646,312
work
inventories
Total.
Charges in lieu of Fed¬
.
at -cost—
of
t709,85S
41,318,551.
6,084,794
official notice of issuance and
eral
,
■ ••
Claim
(0.) Gas Co.—Sale—
Power
/
643,810
4,789,372
on''.deposit—™—^—
cost
#
53,742,852
25,055,000
55,395,028
—
Deferred: charges
Other assets-
Common Stock—
-1943
82,929,735 328,232,967 304,143,171
8,258,625
37,381,781
33,544,779
.14,012,668 62,816,877/ 53,841,325
3,685,573
909,433
4,167,272
29,672,799 131,851,360 116,507,053
1,185,920
5,257,534
4,793,161
1,258,594
6,007,627
5,477,896
receivable—
Equip, and• prop.fMloss
Funded: reserves-
Cities Utilities Co. series A 30-year 5%
first lien collateral
bonds, due 1958, and assumed by Consolidated.—V. 159, p. 2236,
Portsmouth
(Excludes L. I. RR. & B. & E. RR.).
Ry.
$1,802,966
Southern
Pennsylvania RR. Regional System1944-^
—
a
See Associated Gas & Electric Co.—V. 126, p.
1944—Month—1943
-
securities at cost
notes
and
Unreimbursed
subsidiary of Consolidated Electric & Gas Co., on
6 asked SEC approval of the redemption of 1,500 shares ($100
par) 6% cumulative preferred stock at $105 per share.
Consolidated, holder of the 4,945 outstanding shares of Porto Rico
preferred, would use the proceeds to acquire for retirement some of
3,842,575
Period End. Apr. 30—
tax savings notes
marketable
1943
:
■
75,189,337
24,122,000
June
$5,749,881
3,837-,992
$433,521
$2.92
Balance Sheet
Treasury
S.
Cash
1868.
company,
•
figures subject to renegotiation of prices on 1944 and
shipments.
■
Porto Rico Gas Co.—To Redeem Preferred—
17,227
——
Divs. applic. to preferred stocks for period-,-—V. 159, p. 2013,
Net income
) $1,583,531
'*1,955,336
10,734,535.
$2.6<
• *
Equip, trust, etc., deferred payment car accts-
-
trust
<
709,000
160.62
U.
Investments
$927,326 $11,291,295 $11,249,261
449,229
5,580,146
5,499,380
$903,390
469,869
surtax——.
Net income td earned surplus.
-V.
$925,824 $11,228,421 $11,217,284
?;
1,502
62,874
31,977
$898,703
>
4,687
revenues
and
tax——:
profits
The
Net
——
tax
"341,516
9,799,111
.382,402"
and. U. S. Government securities-.-——
Accounts
.
3,393,'333
3,533,333
/285,833
income
Normal income
.■
...
311,667
———.
8,779,204
1,651,448
$0.70
Cashi
Inventories
1944—Month—1943
1944—12 Mos.—1943
$4,223,084s' $4,079,625 $50,340,587 $47,561,177
2,160,841
2,069,701
26,340,984
23,665,358
:.,752,271 * 624,035
.7,309,843
7,215,613
99,602
172,615
1,928,006
' 2,052,362
,
—
taxes
Other
,
J—;
revenues
'
deductions
/9,457,594
2,033,851
armament
Other
Income
,00*
2,251,209
634,413.
1,616,796
for
1944
2,521,510
$2,987,531
(net)—
earnings™.—
Dr785,756 Dr3,375,402 Drl,614 ,63*
500,000
2,000
conting.
Consolidated
•
net
Crl,614,63*
Assets—V
■
Total
Cr785,756 .Cr3,375,402
Dr709,46?
equip—
mfg,
Note—Above
$4,981,826
$5,420,066
10,779,204
income
1943:
$4,770,809
211,017
$9,631,671
operations—^
27,420,04^
9,957,594
for
1,423,256
1,257,580
taxes:: •
earnings
Other
—
1
"Deficit.
tRailroads' contractual share of The Pullman Co. sleeping
and parlor fear reserves.
JBased on total outstanding share capital:
3,233,497 shares in 1944 and 3,302,897/shares in 1943.
•
"■/ •
.
..
Gross, operating
-Operation
'
2,033,851
period-,:
Dividends paid
J Earn, per share-——
158, p. 1537.
Portland General Electric Co.—Earnings—
:
41,568,542
re-adapta-.
mfg. plants
Pullman
for
Income
obligations,
tlesa reserve for uncollectible accounts of $49;624),
'•
9,256,095
2,251,209
reserves
of
and
Agent
"
Cr709,462
Approp. to
post-war
Plaza Operating Co.—Transfer Agent—
.*:/
oiw
94,093,638 384,291,029 $15,430,359
79,581,022 310,763,627 264,191,096
3,222,668
13,001,265
13,040,006
w-,-—8,375,100
its'-.tax
•.
announced that the adjournment was necessary because certain
aspects of the proposed plan of liquidation had not been fully clarified.
'■}:,
.
18,533,936
Claim for post-war 10%
refund on excess prof *
"Jr.,
■/'..yy
taxes
27,346,595
6,456,408
78,920,282
65,043,463
3,250,508
Net profit
The adjourned annual stockholders' meeting, which was scheduled to
on June 7, was postponed further to June 21.
Walter S. Mack,
hand, $874j579; special deposits,1 $6,393;
at cost, $57,000; accounts receivable
$585,963; materials
«nd. supplies,* $368,528; prepayments^ $59,224; deferred debits, $3,040,'i 2481' total, $54,637,062. *
•/?:/' •,/.
S. -Government
income
333,964,29$
.
6,915^31
deprec.
•Prov.,for Fed.
,
Corp.—Meeting Again Postponed—
617,330
for
'.
1944—12 Mos.—1943
rev-
Balance;
be held
plant and equipment, $49,600,938; special funds,
$44,190; cash in banks, and
rtjf.
paid $1,400,000 on April 28 and will pay $1,000,000
Sept. 15 and Dec. 15.—V. 159, p. 2236.
'
contract
payts. to railrds.
Total expenses
Prov.
Mos.—1943
1944—3
all
85,835,713 100,550,046 411,637,624
for
enue
—v. 159, p. 2236.
from
sources
tProv.
June 15,
Phoenix Securities
.
Consolidated Balance. Sheet, Dec. 31. 1843
income
of
company
on
;...
235,281
235,281
^Dividends on $2.80 preferred; stock.——
'^ Assets—Property,
,1
r
$2,583,694
$2,384,942
-1,-305,463
i,...——_——*-r
result
a
The
519,085
$2,384,495
—
itiiii.
Operating.:, income
•Other' Income '(net)
"■
renegotiation of 1943 business this corporation will
repay to the Government $4,400,000.
This settlement will have no.
effect on earnings reported for 1943 since it is fully reflected in the
financial statements, for that year,
1
: "
;.
.' '
\
""
and
plant
erty,
division.
Period End. March 31—
Gross
Renegotiation Settlement—
2,288,483
23,063
518,432
103,784
~l—
—
provision for retirement (depreciation)
•
$7,166,637
$7,362,699
2,776,503
revenues
t Maintenance
1942
1943
Operating expenses ——_.i————————_
Electricity purchased for resale-.
——i.:
'
-
1944—3 Mos.—1943/
$29,394,722 $93,989,667 $77,914,472
15,075,645
54,858,031. 42,288,315
1,034,724
3,626,544
2,946,288
_
on
102,105
98,019
170,785
—
deductions—
11,758
.
,
306,316
226,027
.
294,058
22.137
transport, rev- $13,264,898 $13,174,576 $34,972,749 $32,363,674
"Payments to rail and other carriers—express privileges.
—V. 159, p. 2236.
• :
♦Rail
•
Peoples Gas Light & Coke Co.—Proposes Private Sale
of $20,000,000 Bonds to Life Insurance;Companies—
The company has filed with the/ Rl(;Aoi5
Commel^eJ Commission a peti¬
tion requesting permission to sell
.
QOO.OOO
June
'
The
first
^nd
td'eight* life insurance companies "$20,refunding ^3%.„„series
Gtlhqnds
at
par,
due
15, 1961.
proceeds of the sale,
.
7^%
.
.
together With other "corporate funds, will
,
Puget Sound Pulp & Timber Cow
-Sale of Canadian
Interests—
The
"company has sold its Canadian timber subsidiaries—Canadian
Forest Products
Co.
and
Beaver
Cove Lumber
Co.—to Canadian inter¬
ests, F. G. Stevenot, President, announced on June 2, for the equiva¬
lent of $5,000,000 in American funds, plus interest oh deferred pay¬
Reading Co.-^-Subsidiaries Merged—
'
The stockholders on June 6 approved the merger of Philadelphia
Reading Terminal RR. and Catasauqua & Fogelsville RR. into Reading
Co.
Mr. Scheer said that in addition to simplification of the corporate
structure,
p.
2237.
the
merger
will
effect
some
savings
in
taxes.—V,
159.
THE COMMERCIAL & FINANCIAL CHRONICLE
2456
and
the
June
usual
An
The
York
New
additional
issuance
directors
The
of
1,
(par $1), upon
record at the
1944,
■
zation
Common
of
25
sufficient
a
declared
operative
stockholders
by
number
at
$800,000;
of
the
the
/,v
1
of recapitali¬
meeting, April 14,
preferred stock having
1%
offer of exchange.
indicates that the plan will become effective on or
when it is expected that certificates of the new 5%',
cumulative prior preferred stock, par $50, will be ready for issuance
The
delivery.
and
.
1,
.*■
accounts
S.
Liabilities—Accounts
royalties
payable,
receivable,
Treasury
value
$2,817;
merchandise
savings- series
"C,"
notes—'-tax
of
life
qO
insurance
payable, " $141,173;
accrued taxes, $1,581,488;
capital, stock (par 20c), $19,850; 'earned sur¬
$24;
New Stock Placed
The
directors
60-Cent Annual Dividend Basis.
on a
June
,
JUL
an
initial quarterly dividend o£15 cents per share on the new $1 par common stock,
payable June 30
to holders of record June 23.—V. 159, p. 2237.
on
5
declared
The directors have declared
of
dividend
stock,
share has been
per
DeGolyer and Lewis W.
L.
June 20. . This
initial of,
30 to holders of record
$1 per share paid on Dec, 14, last, and an
share on Dec. 23, 1942.—V. 159, p. 2237.
Republic Natural Gas Co.—New
E.
declared on the capital
with
compares
50 cents
per
payable, June
$1,
par
cents
25
"»A
Tfo
Pay 25-Cent Dividend—
Reo Motors, Inc.—To
A
a dividend of $1.75 per share on present
preferred stock, par $100, payable on July 1 to holders of record
May 31.
A like amount was paid on April 1, last.
The
plan, designed to eliminate arrears of $70 a share on the
outstanding 7% stock,-calls for the exchange of 3.6 shares of new
5%. cumulative prior preferred stock, $50 par value, for each share
of the present 7%
preferred stock.—V. 159, p. 1698.
U,
surrender
plus, $836,598;_ total, .$2,579,133.
company
July
about
cash
policies, $29,613;
post-war excess profits tax refunds, $257,409; fixed assets (lesS reserve
for depreciation
of $3,660), $2,934; goodwill,
$133,042; prepaid ex¬
penses, $33,195; total, $2,579,133.
plan
annual
the
Other
$15,343),
$282,814;
inventory, $80,014;
the
accepted
official notice of
close of business
dividend.—V, 159,
5')'o
a
as
May
on
approved
as
holders
authorized the listing of 87,210
has
stock
stockholders
payable June
1944,
10,
Exchange
of "common
common
1801.
p.
Stock
shares
to
May
on
St. Regis Paper Co.—Plan Operative July 1—
1, last year,—V. 159, p. 1868.
Remington Rand, Inc.—Listing of Additional
trustee,
bonds numbered M-5
and M-6 in the aggregate principal
amount of $2,000 maturing July l, 1944, which will also be paid.
except
n\> ma/r value, both payable July 1 to holders of record
extrVof like amount was disbursed, on this issue oiv
stock,
17.
Oct.
Trust Co.,
declared an extra dividend of 50 cents per share
(quarterly dividend of 12Va cents per share on the
directors have
common
and interest.- Payment will be made at the State Bank &
Evanston, 111.
These are all the bonds outstanding
1942, at 101
Dividend—
Reliable Stores. Corp.—To Pay Extra
The
Monday, June 12, 1944%
Selected American Shares, Inc.—19-Cent Dividend—
The directors on June"2 declared a dividend of "19 cents per share on
the capital stock, payable June 30 to holders of record June 20.
Pay¬
ments last year
were
as
follows;
June 30, 18 cents, and Dec. 27,
24
Safeway Stores, Inc.—Calls 4,452 Preferred Shares—
MacNaughton on May 31 were elected
The
W. H. Wildes,
President, announced following a special
of the board.
Frederick M. Mayer, who has served on Re¬
public's board of directors during the past nine years, ahd Mr. Mac¬
Naughton were named new members to
the Executive Committee.
—V
159
p. 774; V. 158, pp. 2196, 1538, 897; V. 157, p. 558; V. 156,
for
the
authorized
have
directors
ferred stock
directors,
call
of
of
shares
4,452
1944 sinking fund purposes.—V.
5%
•■
pre¬
'•
;/■;
.
P.
Rubin, President, announced that the total assets, taken
market values, now exceed $10,000,000.
Asset value per
at
,
'
159, p. 2310.
cents.
Edward
.
Directors—
current
share is now $9.84,
V. 159, p. 643.
the highest figure in about five years, he added.17
7. ,7:
:■ / ■ ./;V7"7
;
.
,
meeting
155,
V.
965;
p.
The
Trust Co.,
Public Service Co.—SEC Grants PleaRight to Seek Proxies—
Six men constituting themselves a committee for the company's $2
cumulative preferred stock received June 7 permission from the Se¬
curities and Exchange Commission to solicit proxies in connection with
their proposed intervention in the proceedings involving the plan of
simplification of the New England Power 'Association and its holding
Rhode Island
Committee for Stock Gets
system.
company
>
'
committee
the
of
members
The
.
„
Godfrey B.
are
•
.
Scranton-Spring
chase
2237.
P.
due
is
1,
Aug.
in
not
and Charles C. McGowan,
Bank, Providence.—V. 159,
of
the
appointed Vice-President
—V.
159,
the American
has been authorized by the New York Public Service
Commission to reduce its capital stock from $34,383,208 to $30,383,208,
according to an Associated Press report from Aubany, N. Y.
The $4,000,000 reduction, the Commission said, will be accomplished by re¬
demption of 40,000 shares of 6% series D cumulative preferred stock. ;,
at 105 and accrued dividends.—V. 159, p. 2237.
for Fed.
Net
48,380;
$66,968
$404,230
share—f$0.31
profit
Earnings
per
♦Preferred dividend
stock.
of $1 par common
$1,087,515
t$0.83
-1943
■
was
renegotiation
of
contracts.—V.
war
Rustless Iron &
C.
■was
tSubject to possible
p.
1390.
Steel Corp.—New Official—
of American1 Rolling Mill
elected Vice-President, General Manager and a director.—V.
Kingsbury,, former
L.
2123.
p.
159,
Controller
■>•••-
^
Co.,
159,
v
St. Louis Public Service Co.—Strike Ends—
of 3,500 operators and maintenance men was ended
according, to an Associated Press dispatch from St. Louis,,
expected to be referred to* the War Labor Board.—
A 37-hour strike
June
on
«V.
2,
The dispute is.
Mo.
159,
1900.
p.
>
:
„
St. Louis-San Francisco Ry.Period End. April
Total
of
Maint.
of
30—
revenues...
oper.
Maint.
way
& struct,
equipment-
Other
expenses
Net
oper. income—.
income
Other
Total income
Deduct,
from
" 1944—4 Mos.—1943
$9 ,145,863 $38,266,817
5,248,342
967,059
$35,279,214
3,659,738
,525,332
7,023,419
6,009,775
,678,872
12,583,691
495,233
478,850
2,106,240
10,891,787
1,779,976
1,195,877
,162,007
5,429,525
8,071,785
28,830
17,461
101,247
69,102
$2,179,469
$5,530,771
$8,140,887
4,708
3,828
20,736
20,593
3,027,859
...
ry.
.
income-.
'Balance available for
fixed charges
'After
...—
deductions
of
$1,219,999
$2,175,642
$5,510,034
$8,120,294
$1,021,000
in April 1944 and $3,857,508 in
period Jan. 1, to April 30, 1944, for estimated income and excess profits,
taxes compared with $845,940 in month and $2,902,070 in period last
year.—V. 159, p. 2310.
Period End.
oper,
revs—.
Ry.
oper.
exps
Ry.
tax
*—..
accruials:
valorem—
$5,611,936
2,751,806
1944—4 Mos.—1943
$4,993,485 $21,674,622 $20,467,934
,2,164,731
10,742,067
8,723,310
were
1,466,000
92,257
Other Federal
86,725
the
Stock
rules
for the
necessary
the.'application
of
Shawmut'
had
which
the
proposed
Exchange.
of
the
Noting that
Exchange
in
protection
of
of
t;.,
'•t?7
■
>'■*
•
investors.
but found-that withdrawal
U
:
;.
its
a
777, "-/■ 7
7
.tonic
'
most of
in
.
the
Net
—V.
products
■
instructions
on
V
.
340,822
5,946,296522,201
346,387
6,904,000
$667,483
7,563
4,091
$53,150
$49,569
$681,825
$671,574
8,429
8,374
104,912
103,209
397
„
.
$44,720
stock
159,
:,7V.
rl
•.. '
■7iL
ii
V-ilt'
210,000
303,476
,■
$568,364
210,000
i
7
dividends!
268,922
.;v..7
fNet
loss
;<V77 7'7 1
.
ti
all
.
7
1944
1944
and
depreciation but before depletion,
amounting to $17,712.—V. 159, p. 1080.
taxes
7
$0.09
'
"js;
t After Fed¬
pit '
7 7
Period Ended Mar. 31-^
Operating
"Net
$768,418.
revenues
♦After-
$2,974,264
172,303'
193,860
109,309.
,76,968
331,104
$2,762,614.,
742,144
.
-
790,785
333,890"
.
operating expenses, maintenance, taxes and appropriation for.
retirement
fAfter
reserve."
tization of debt discount
deductions
for
all
interest
•
>'
7
charges,' amor¬
premium and expense, etc.—V. 159, p. 2311.
or
}
Southern Pacific Co.—Earnings of Transportation—
7
7'^
1944—12 Mos.—1943
$711,762
.
:
v
income..'
oper.
t.Net. income.
is
1944—3 Mos.—1943 "
>"
;.i
Southern Colorado Power Co.- -Earnings
7
(Also separately operated sojely controlled affiliated
companies)"
,
.77'■
,
So.
stock
400,000 shs.
par)—
($1
Outstanding
400,000 shs.
Pacific
Trans.
1944—Month—1943
Syis.:
$
1944—4 Mos.—1943
$
Total ry.
oper.
revs,.7. ' 50,181,783
Total
oper.
exps....
$
'77".
$
34,251,401
48,506,857 203,609,265 186,210,095*
27,883,392 136,266,203 107,422,858.
oper..
15,930,382
20,623,465-
67,343,062..
78,787,237
Ry. tax accruals....!'.
Equip. & joint facility
rents, net
10,035,551
10,743,501
41,307,827
38,026,561
1,597,531
1,951,239
4,297,300
7,928,725.
ry.
March
At
31, 1944, the authorized capitalization consisted solely of
shares of common stock (20c par), of which 99,250 shares
112,500
Net
and 13,250 shares were held in treasury.. Company
subsequently acquired an additional <3,000 shares at $20 per share
through exercise of an option, thus reducing the- amount of common;
stock outstanding at 96,250- In June, 1944, pursuant to action taken
at
a
special meeting of stockholders, the company filed with the,
Secretary of State of New York a certificate amending its certificate
of incorporation so as to retire the 16,250 shares held in the treasury,
change the par value of the shares from 20c each to $1 each, increase
the number of authorized shares to 400,000, and. change each of the
96,250 outstanding shares (20c par), into four shares of common,
stock
($1 par) or a total of $385,000 shares.
As a result, imme¬
diately prior to the financing, the authorized stock of the company,
consisted of 400,000 shares of common stock, $1 par, of which 385,000
shares ' were
outstanding
and
15,000
shares were authorized
but'
outstanding
were
unissued.
surplus
same
effect
The
$362,500
by
shares
amount.
the
-
recapitalization
to- increase
the
is
reduce
to
capital
stock
...........
Net
oper. income
Other income incl. divs.
,
ry^
Total
Total
the 'company
of
the
stnd
Agent
Manhattan
and
Co.,
Registrar—The
the registrar is
Underwriting—F,
writer,
'•
■„
'
,
356,267
•
'
Eberstadt
'7 7
Statements
&
Co.
charges
fixed'
Total
conting.
Net
by
of
♦Net
15,000
charges...!^
income
charges.
of
income
contr.
•
transfer agent is Bank of the
The National City Bank, New
named
1 ..••■■■•
.
Income
of
is
for
Stated
principal
as
.
•
Income avail, for fxd.
.
So.
of
affil,
1,310
.
,
8,319,390
.
2,847'
'5,240
11,383-
12,877,236
25,411,706.
P.
2,841,184
....
5,969,434
solely
adjust...
161,665
179,922
income..
tConsolidated
Transfer
34,633,868
-9,210,779
220,113
earned
account
sale
8,280,362
2,308,081
34,853,981-
21,201,866
58,258
2,066,876
7,430,110
33,330,5651,523,417-
21,440,885
239,019'
409,896
59,539
deducts..
7,394,465
18.640,770
2,800,115
.
8,338,621
4,909,370
miscell,
Transp. System
to
671,610
4,968,910
income
Total
7 7
proceeds
be used for general corporate purposes.
to
are
of
and
fr. ry.
rev.
3,182,771
cos.....
785,583
-195,477„
\
Consol.
net
under¬
■
6,950,494
1,031,740
719,688-
2,441,901
782,133
14,628,664
28,635,740
.
.
-
♦Results of S: P. RR. Co. of Mexico excluded..
certain
on
to
Periods
bonds
income by S.
tRepresenting interest
solely controlled affiliated companies not credited'
P. Co.—V. 159, p. 2311.
of
■'
.
Ry.
Other
Total
ry.
Deductions
Net ry.
Non-oper.
Gross
$1,183,772
$4,122,636
$4,137,972
28,782
29,955
122,479
117,522
$1,067,717'
$1,213,726
$4,245,115
$4,255,494
309,586
1,204,675
1,271,484
$784,912
$904,140
$3,040,439
inc
oper.
ry.
oper.
inc.—
—
inc.—
income...
oper.
income
Net
income
34,995
9,049
120,132
$2,984,010
41,057
$819,907
$913,189
535,742
$3,160,571
$3,025,067
250,384
1,011,754
1,288,572
$569,523
...
Deducts, from gross inc.
—V.
3 Mos. Ended
i
$1,038,936
282,805
income—.
oper.
$377,447
$2,148,817
$1,736,495
159, p. 1900.
<—Calendar Years
•
Mar. 31,'44
(net)
Sales
Gen.
admin,
Other
1942
$1,379,162
$4,205,519
$2,613,499
381,099
993,398
571,051
—
and
ing expenses
Operating
1943
.
Cost Of sales—
sell-
$1,652,637
363,872
>
—
profit
1941
-
•
481,584
$516,479
908,499-
1,352,129
1,084,565
$1,859,993
$386,190
3,827
9,401
$1,869,394
$962,334
income
r
Other
income
deductions
normal
and
2,646
surtax
38,720
11,180
11,308
refund
40,000
40,000
74,133
1,450,000
735,200
—V.
Luke's
Church
of
Evanston, 111. (The Rector,
Church Wardens and Vestrymen of St. Luke's Church of
Evanston)—Calls BondsThere
of
have been called for redemption as of July 1, 1944, a total
$64,000 of first and refunding mortgage serial bonds dated Dec, 1,
Crl43,880
$484,553
138,050
Dividends paid
Balance
Assets—Cash,
$303,464;
in
accounts
banks
—$8,988,901
;
<.
Jan. 1 to May 31
,
1944
•
1943
,r
•
$9,094,712 $142,572,193 $135,701,113
159, p. 2311.'
.
Southwestern Bell Telephone
Period End. April30—
Operating
oper.
Co.—Earnings—
1944—Month—1943"
1944—4 Mos.—1943
$12,317,426 $11,512,628 $48,599,466 $44,476,428
revenues
Uncollectible
Operating
Cr73,029
21,028
rev.
32,126
99,876
.126,015
Sheet
and
receivable
as
at
on
(less
March
hand,
-
31,
$248,855.
$173,553'
48,875
134,750-
1944
$653,832;. notes
reserve
for
doubtful
$12,296,398 $11,480,502 $48,499,590 $44,350,413>
7,647,623
6,750,735
29,968,493
26,565,111
revenues..
.
Operating
St.
'10 Days End. May 31
1944
1943
earnings
,
127,323
24,813
*
10,500
$142,J60
Post-war
Railway—Earnings of System—
Period—
Gross
5,923
405,000
Cr40,500
Excess profits tax..
Southern
$380,267
$957,883
4,451
$520,306
—
-
*
Total
Fed.
i.
fv!
■■
12 Mos.
3 Mos.
share..u._—$0,005
taxes
eral income
-7:77.
;
7
—$5,939 7 t$108,93Q
—
per
After
If.
''
V-"77.'
2311.
p.
$576,913
$41,196
dividends...........
stock
Period End. April 30—
Common
$674,262
.t
-
Indiana..;..
166,621
$49,394
175
the
of
located in leased premises' in Ne\V Canaan,
Conn.
7 V7-:7'••■; .• ■
•:.,, .■ :.r.; •>. -••
/• "-7,.>;
Originally, when sales were small, the company Itself manufactured. ;
and bottled the tonic and shampoo,, but as sales increased its manu¬
facturing facilities proved inadequate.
It discontinued manufacturing,
operations in 1934 and thereafter purchased its products intended, for
distribution in this country from The Barbasol Co., of Indianapolis,
office
Its
142,368
167,445
Period Ended March 31—
*
either directly to purchasers or to warehouses from which
causes them to be delivered to purchasers.
Company'sadvertising, on which it relies principally to stimulate sales, is handled
by Erwin, Wasey & Co., Inc.
Consequently, the/company has only a
nominal amount invested in fixed assets,, its inventories- are .small and
its
total staff,
including officers and employees, numbers approxi¬
26.
246,181
174,459
$52,753
income
Earnings
company
mately
264,493
1,240
13,889
Silver King Coalition Mines Co.—Earnings—
.
.
the Kreml products distributed in-
such
25,514
14,032
...
.-"■•■ -<
company
the
,
15,120
(Cr)
income.
income
Common
While
company
States,, .shipping
United
the
to
sells
1,314,137
deductions.....
Preferred
Operations of the company follow a simple pattern.
Pursuant to a
between the company and The Barbasol Co., the latter manu¬
and
$2,536,791
1,308,598
\
;
■
contract
factures
surtax
tax
accruals
oper.
Gross
.
develop these markets.
made to
effort has been
Ltd.
$2,589,257
111,740
.
income—net.....
Income
drug stores and department stores.
Canada through
the trade-mark
"Kreml"
is
the Central and South American countries, no
Laboratories,
and
prof,
res.
$199,297
23,000
gen.
registration of
is manufactured and distributed in
Tonic
Hair
Laurentian.
registered
exc.
Other
proprietary
two
normal
chain drug companies,
jobbers,
Kreml
the
$209,368 1
r, 104,464
■
...
&
__j:r
Utility
products, Kreml hair
and Kreml shampoo, throughout the United States, selling them
distributes
;=i
1944—12 Mos.—1943 7
shares,,
86,300
balance,
1944—Month—1943
revenues..,.
maint.
Retire,
'
v
'
the
record- of
York.
76,784
1,630,973
113,437
_
the
purposes,
Purpose—The: net
Ad
...
income
Federal
Railway—Earnings—
1944—Month—1943
April 30—
Ry.
holding bank,
Boston
with
exchange
"'•i
■■
the
Fed.
Owns
It
Canada.
the
St. Lduis Southwestern
terms
taxes
Capitalization of Company, Giving Effect to This Financing
$1,224,707
Transportation expenses
York.
•
Earnings of System—
,
A'7
Exchange should not become effective unless, within
the date of the order, consent was obtained from the[
a
majority, of the 390,000 shares outstanding
majority of the holders of such shares as well.—V. 159, p. 2123.'
Oper.
Authorized
1944—Month -1943
$9,598,212
1,638,559
1,707,641
national
other investments
trust
the
a
from
of
Operating
its line, par¬
properties along
132.
p.
Property—Company was. organized in July, 1930, in
the trade-mark "Kreml" in the United States and
and
Business
not required to
effect of renegotiation on these figures.—-V. 159, p. 1390.
♦Equal to less than one cent a common share.
corporate
New
any
the possible
homesite
Listing—Company intends to apply for the listing and
its common stock upon the New, York Curb Exchange.
to
company
from
complied
on
Sierra Pacific Power Co.—Earnings—
having been acquired from certain large stockholders.
$241,289
t$0.16
refund for its fiscal year ended in 1942.
Company's con¬
tracts for the fiscal year ended in 1943 are now in. the process of re¬
negotiation, and it is not anticipated that any refund will be necessary.
Until the results for the company's fiscal year ending July 31, 1944,
and the results of its renegotiation for the previous year are definitely
known, there is no basis upon which an indication could be made of
make
shares
had
granted
7- Period—•
June
on
eral
fOn 268,618 shares of no par common stock.
with
connection
SEC
days
and
(par $1) at $10.50 per share. Of the stock offered 15,000
shares represent new financing by the company for gen¬
tOn 1,074,472 shares
$65,961..
was
President, states:renegotiation,: the
C. Faustmann,
E,
In
requirement
what
The
Fed;
$412,678
171,389
$1,822,334
734,820
207,639
decide
shares tfrom
Semler, Inc.—Stock Offered—F, Eberstadt &
6 offered 101,300 shares of common stock
(R. B.)
>
tax-
inc.
—'"".'"7 7
Massachusetts
a
Association
120
ticularly at Kingsport, Tenn.—V. 69,
.;■ "C-,/:J ^;■„/A$115,348
$611,868
Prov.
1944—9 Mos.-
inc.
Fed.
before
tax
;■
1944—Month—1943
1944—4 Mos.—1943
$81,810,333 $66,746,0ou $296,007,928 $264,267,874
industrial and
and
Clinchfield
(& Subs.)—Earnings-
"•
profit after deprec.
but
registration
involved shares and
withdraw its
A
Co.
Net
decision
and
application for withdrawal, the Commission declared that under the
Securities Exchange Act of 1934 its sole function in the case was to
C.
Bailly has been elected a Vice-President of this com¬
director and Vice-President of the Carolina, Clinchfield &
Ohio Ry., Mr. Bailly has been for many years a director and counsel
of the Securities Co. and affiliated concerns in the development of the
Stock—
Rochester Gas & Electric Corp.—To Reduce
1944—3 Mos.—1943
.
Edward
pany.
The corporation
April 30—
required.
The
to
Co.—New Vice-President—
Securities
7
and
from listing
7,7
company
Association,
2123.
p.
Securities
holders
•
Period End.
;7
>
a
the
and General Man-..'
Radiator & Standard Sanitary
Royal Typewriter Co., Inc.
31—
—
—
The
'
call
Sears, Roebuck & Co.—May Sales Up 22.6%—
V
,■
.
Exchange Commission for the first time haa:
ruled that the approval by stockholders for' withdrawal of the shares'
1961. ^The
excess
Sales
He formerly held a similar position with
Corp.—-V. 158, p; 2366.
of Sales.
ager
been
has
•
bonds are to be purchased for cash at prices
price in, effect at the date of the purchase.
During the year 1944, to date, the company purchased the total
principal amount of $317,000 of Its series A and series B bonds.' The
company told the Commission the present proposal will result in an
interest saving of $30,000 annually.—W.
159, p. 1458-
YT
Simonds, of G. H.
Richmond Radiator Co.—New Official—
Hall
Shawmut Association—SEC Rules Delisting Must Have
Stockholders' Consent—
of
■'
John.J.
Service Co.—-To Pur¬
Water
has
company
Period End. May
*
Brook
asked authority of the Securities and Exchange
Commission to purchase prior to the end of this year, all or any part
of the maximum of $600,000 principal amount of its first mortgage and
refunding 5% gold bonds, series A, due Aug. 1, 1967, and,series; B,
Co.,
rington, of Ernst & Ernst, Providence,
Vice-President, Blackstone Canal National
June
15 this company will lower its rates
to small con¬
the Quebec
Public Service ;Board
announces.
Reductions
similar lines by the Quebec Power Co., a subsidiary,- also were
revealed.—V. 159, p. 2311.
/
7 7
7
;f;.7
Bond—
••-The
Providence; Edward B. Aldrich, Vice-President, Indus¬
trial Trust Co., Providence; George F. Bliven, of Brown, Lisle & Mar¬
shal, investment bankers, Providence; Herbert H, Brooks, of Herbert
H.
Brooks & Co.,
investment bankers, Pawtucket; Russell C. Har¬
&
Effective
along
Y.—V. 159, p. 1901.
16 Wall St., New York, N.
Shawinigan Water & Power Co.—Rates Cut-
-
sumers,
share
per
Walker
corporation has called for redemption on June 30, next, 3,500'
of its 5 Vz %
cumulative preferred stock, $100 par, at $107.50
and accrued dividends..
Payment will be made at Bankers
shares
830.
p.
Shares Called—
Sclienley Distillers Corp.—Preferred
'Net
Net
receivable,
of
accounts
expenses
Operating taxes
—V.
...
operating Income
income
159,
p.
£,056,911
3,030,893
12,199,558
11,162,360.
$1,591,864
.$1,698,874
$6,331,-539
1,360,563
5,080,698
$6,622,942'
5,273,860'
■
...
•
1,291,544
2124.
„■
f'
•
Volume 159
."
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
and
10-year serial notes bearing interest at rates aver¬
aging 2.82% per annum, the proceeds from the sale of which, together
with other cash] were used to retire $6,763,400 principal amount of its
lirst mortgage 67e bonds due July 1, 1947.
Southwestern Public Service Co. (& Subs.)—Earnings
; Period End; March 31—
Operating 1 revenues.™
Operating expense—-
$918,876
969,205
V ' '47,344
Maintenance ;-4—J/..
TaxeS (oth.'than inc. )I
'.\Net- oper.
Other
Income
' $345,122
deductions
'*
'"-'v
,
289,831
590,483
565,853
672,976
672,959
287
3,245
2,294
"
10,674
1
•
.
of
$1,249,322
255,931
Net "income
divs.
on' 6
pfdZ stk.-'-.-^—
■' \
'*•"*> ' r
Vtt
^'7'r
•,
new
$1,398,045
>yr'*/'/■"'///'V,'
,:k
—V.'159,p. '49.
;i
<.>
r
W,/.;
•»
451944
in
218,604
216,629
; * $0.23
$0.11 •
; V;-:';;v 'Z ; , '/• Z;;'
Gross
s
Properties
.
'
;;
..
on
'
CaRital'kation
i'
•
.
■
^
.
approximately: $256,000. : ^n
Was
;?amount of notes and'debentures heretofore, acquired by the
and held in its treasury were sold to the .sinking funds and
There.was
preferred and common stocks-during the year.
■' for recapitalization filed with the SEC in ,March,
-
before
/
...<
■,
-..
28,765,019
896,288
3,415,157
\
59,187.
$100,000.
of
sum
in
and
thoroughly
After
Acwued
instituted
was
4--'•
Litigation
by
special
the
trustee,
•;!
.
--V/
them,
Daniel
those
suit is
that
interest -cost ^of 2.52'^ - per «nnum, $6,500,000 10-year serial
liotes- the ^proceeds, from which, together —with other funds of that
of .action
in
lower
reversed
was
as
to
.
Court;
of
that
Court,
defendant
one
the
declared
funded
Consolidated
;
dismissed
after
the settlement
(referred
below).
to
The
earned
bill
of
amended
bill
of
1,722,511
1,558,919
3,127,641
3,085,583
121,551,750 115,232,019
—
15,035,693
15,035,693
3,421
—————Z
surplus
1,649,938
"
—4/-—.44..J
4—
294,154
1,012,239
2,302,964
—4
construction.-—
output- of
the
publio
Electric Co.
180,918,000
kwh.,
3,421
21,055,267,
*
Standard
Oil
Co.
utility
operating
system for the week
compajed
as
corresponding week last year,
15,949,387
companies
ended
.;
>
^
"thau
in
June
174,346,000
with
kwh.
3,
1944,
for
th©:
increase of 3.8%,--V. .159, p. >2312.
an
(New
Jersey)—Cartel
Motion De-'
feated—Merger Approved—Earnings Estimated—
This company will conduct its
foreign business, in exactly
the United States Government
directs, even if that means
in
cartels
their
compacts
with
President,
annual
The
—'
the
way
participation
or
Gallagher,
oil, interests in other countries, Ralph W.
declared
meeting
held
on
in
a
June
statement
to
stockholders
at
6.
cartel
resolution, propsed by William Floyd 2d, waa defeated
by a vote of 19,407,627 shares to 289,142, after several
stockholders
had questioned motives behind the resolution.
;
;
.
The
stockholders approved the merger of
Lago Petroleum Corp; and
Foreign Corp. with the parent company on the basis of 2% shares
of Standard for each
Lago share and 25 Standard shares for eacli
share of Pan Foreign.-As Standard owns
99.5'% of both companies,
only 50,208 of its shares are required for the
exchange.
The
sole
assets of
the
Lago and Pan ' Foreign companies, both
Pan
to
,
\
other
Venezuelan
erties
The
omies.,
Mr.
1944
share.
complaint
the
.
concerns; consist
were
Corp.
A demurrer by
against it was
complaint was filed by
the
by the Court.An amended
special trustee and a demurrer to
1943
credits—4—
Weekly Output—••
-Electric
pending against Standard Power & Light Corp.
to the bill of complaint in the suit
corporation
maturing in
996,075
,
totaled
'
44—-.-.4-4,'
cumulative
now
]
4,017,347
285,036
—4——...44—763,326,893 773,931,579
'Includes $7 preferred cumulative stock; 368,348 no par
shares; $6
preferred stock, 100,000 no par shares; $4 cumulative
preferred stock, 757,442 no
par shares,
+2,162,607 no par shares.-
;
decision of
as
19,616,774
3,759,439
Total
the
are
24,081,956
—
—
debt
;
——4—4„—
liabilities
stocks ^reacquired
:
Hastings,
affirmed
and
the
-
accrued
723
1,095,132 :
573,336
wages.——4—
—^.™—4_._
—
1—■———
—
Capital surplus arising from-appraisals of sub¬
sidiary companies' properties—__4_.
Surplus of subsidiary invested in its capital
expiration of -time.
on
appeals to the
barred by
are
the
(First. Department)
sustained
average
and
Reserves
of
causes
Division
)■
3,584,916 '
967,126
634,247
—-4_T_..——
Deferred liabilities and
Contributions in aid of
'; ■'■■■, ;Y
O.
146,065,792 155,728,125
303,065,444 313,816,874.
6,700,000
12,700,009
S,995~320
deposits
salaries
Dividends
number
a
some
motions, were.denied
Appellate
quently
,
,,..4.
taxes
1939, in the Nc-w York Sxipreme Court, against H. M.
Co.,
Ladenburg,
Thalmann & Co., Standard Power &.
8,
87,350,943
21,6,26,079
21,626,070
————————Z-v-*———■
interest,
Other
previously advised, the special trustee commenced two suits in the "
Court of Chancery of the ..State of Delaware,
which,- considered to¬
gether, were substantially tlie same as the New York action and against■>
substantially the same deiendants.
One of these suits was subse¬
-
-
payable).—'Z———
CustomersS
the light of
1
and
(including
to
(notes
Serial
com-
considering
87,350,943
—4
—
Other notes payable—.™
Accounts payable .—4—-—
which they stated could not
Appeals from the holdings of the Appellate Division
pending in the Court of Appeals of the State of New York.
:.
VSystem Companies—An important program of refinancing • and recapitalizatoin of Oklahoma Gas and Electric Co. was brought to a
issued and sold, at an
*•
Bank
As
successful- completion'in -1943i^ That-company
.
the
subsidiaries
Long-term debt
was
.
.r
,
80,900
26, 166,476
./
.
——„n-_—J——-1-—
Accrued
others.
The company's plan
;
of
the stock of and claims for
conditions
:
stock
stock
Accrued
prospective purchasers delivered to the
the
1944,
the lower Court
,,,
company-
1943,. is still pending,
Commission..;.........;!. \
that
$100,000]
of which
made
Byllesby &
Light Corp.
as
cancelled.
change.in- the amount of outstanding prior preference,
no
33.663
capital stocks_44
Liabilities—Preferred
Standard Gas &
/ Those
1943,:$628,000 principal
May,
165,582
Minority interest in capital stocks and surplus
process in New York filed answers denying, liability;
others moved,
before answer, to dismiss certain causes of action on the ground that,
.
tures
-
of Other corporate and individual defen¬
the past and present' directors of this com¬
pany).
The suit, which is now pending in that Court, seeks judgment
decreeing that the defendants illegally received and dealt with property
of this company and hold such property in trust for this company and
the plaintiff,' as special trustee, and also demands an accounting and
other equitable relief.
Most of the defendants who were served with
■:
through the purchase.,by-the..company in-^the - open market of its notes
and debentures,
The cost to the company of these notes, and deben¬
-
of
Dec.
dants
Electric
Gas^and
Standard
of its interest Ip
Market Street Ry.
letter reciting pertain
a
suit
A
the
Co.—»The outstanding funded debt of
Standard. Gas ahd. Electric Cor was *reduced $364,500 during the 1943."
v
774,694
"
763,326,693 773,931,579
tCommon
the terms of the agreement as
interpreted by counsel for the company the board of directors author¬
ized the repayment of the said sum of $100,000 to the prospective
purchasers.
Accordingly, repayment of this amount was made on
March 20,1944, and the agreement wks terminated.
7;-i'v;',-
l
•
against
14,
contentions
"C;:i-The construction budgets pf the companies for 1944 call for the gross,
expehditure of amounts aggregating $12,458,897, principally for' addif ions, betterments,--and .replacements; to,>transmission and distribution
-•>
all
agreement,
them
tq
::
.
*
.,
sell, subject to approval by the SEC and to certain conditions
Feb.
pany
_.
lines, substations, etc.
an
whether the
to
as
•■•M /
betterments. in. 1943 .by
;
the
:
.
t
52,730
100,210
918,890
"
-■
J.-44-——Z—
on
211,777
855,724
714,856
:
expenses
51,555 "
.
52,730
100,210
Total
an
be cured as provided in the agreement, advising the company of their
% decision to terminate the agreement and requesting the prompt return
companies aggregated $10,544,263.-..; After deductions for prop-,
erty retirements on account of "inadequacy,' obsolescence, and - other
0 causes,-net additions-to 4 the property of the companies amounted to
■
determination
to
On
system
$4,835,520.
56,921
222,786
assets——4———,—4——™
and
2,841,816
8,334,079
10,150,193
8, 719,509
gas
charges
1,650,602
1, 895,779
7, 976,663
-
._/_4_—
Commissions
for a total consideration of
paid to ithe company at the
time of execution of the agreement and the remaining $700,000 was
to be paid at the time of the consummation of the sale, the date for
which was fixed as Feb. 15, 1944.
Authorization of the sale of the
aforesaid investments was granted by the SEC on Dec. 15, 1943.
Z
*,
of System Companies
and
additions
-expeiuiitures .for
current
Deferred
.
capital of Northern States Power Co. (Del.),
That
that unless the Commission, by Jan. 1, 1944; should
certain findings relative to the earnings of the Northern
$800,000 in cash,
standard Oas & Electric Co.—Annual Report—Extracts
.' from the .1943 lannual report- follow;
IXevelopmenf of
and
Other assets
of
indebtedness
•;
P.,i478.
-
1
17,684,626
5^ 118,930
(net)—.
supplies.
$
23 561,787
—
Other
Oct. "7, 1943, Standard GaS & Electric Co. entered into an agree-':
ment
coverings,.'and ,'at, pieseht" is/largely;. engaged in the production of.
'coated and combined'fabrics for use-by the Navy and other services.—
'
receivable
electricity
Prepayments
,
is to be 8,216,228 (no par), as compared with
$10), in the original plan.
The number of
to 125,-653 shares.
notes
and
Unbilled
of
Proposed Sale of Investments in Market Street Ry,.
On
-
T
*
shall be cancelled is postponed until
,
_
;Z,.The,StandardZZmariufacturesVah?,selis-C'CQatea fabric tyall and table
•z>
stock
common
deposited in escrow, in accordance with the terms of
SEC entered in December, 1938, in connection with
the
1943,
.
.
special meeting of stockholders has been called for
158.
company
new
]
Indebtedness of associate companies
Accounts receivable (trustees of Pittsburgh
Rys,
Co. and Pittsburgh Motor Coach Co.)
Dividend receivable from associate company.
Dividend receivable from other company.—-—
for each 1
stock <of the Delaware company
shares of
of
and
Materials
system the stock in escrow should be surrendered for cancella¬
However, by a supplementary order of the Commission issued
■escrow
June 23 to act
|k Upon - a proposed / merger /of, .the company ,with Interchemical. Corp.,
maker. of "printing inks,.'enamels,, and a wid-3 variety of coated and .,
Z treated, fabrics.', *,, -x
' 1
;
"^V J Z/Z* •'•'
• Z
' "
' ■
"
'.
v
(par
number
deposit
on
1942
$
686, 628,787 698,840,144 f-
——^
investments (U. S. obligations)
deposited for payment of int., divs., etc.-
Cash
Accounts
..
Products Corp.—Merger Proposed—
Standard Coated
A
Delaware
the
of
Co. (Minn.)
and
j '
.
accounts.—
Temporary cash
Power
class B common stock in
the approval'or disapproval
by the Commission, in whole or in-part, of the plan for liquidation
and dissolution of the Deloware company, or-until further order- of '1
the Commission,
~
'■
*
'
*;7.7',;:,1;
,.in
.
;.Vi
.
Power
States
Js. reduced fram 441,089
were
made
States
1942
$66,415
-1943
$94,523
;$135,"445
*
States
provided
have
(& Subs.)—Earnings—
-v V
Northern
-
p: settlement/of a fund .loaned for expansion. See also ,V. 159; p. 2311,
'
The total
company
stock
of
order
'\Z fs:;M.','Kehhddy ""Executive* yice-#resi'deht; stated June
that'the
company had. .paid .,$2;S56,842to "the Commercial Credit Corp. in fulL%
"^y'238,^145
!*"&0.39
stock
common
shares
adjustment
tion.-
v.Outstanding common- shares-.^--Earnings per share™-..—--——Z'
Northern
owns.
order
?
''.•];.■!] /'W'ZZ./
Sprague Warner-Kenny Corpv-^Repays Loan-r-
.
of
share of the class B common
it
*
•..Net profit-a.fterJ alh«harges &.rtax6s,t.
by
SEC
hand
on
'■
■
fund
The shares of class B common stock owned by Standard Gas & Elec¬
Spiegel, Inc.—May Sales Increased 128.6%—
'•'^Quarter EndedMarchCD—?'&:»V*v'?!
the
shares allocable to Standard's holdings of class A common and class B
End/May
•;.i':;'%44^Mdhth^.i943
1944—5 Mos.—-1943
Sales, '_L—Z—Z-Z—- ;$2,9.40,053 i$1,285,704 $12,999,256 $12,717,676 *
Standard Cap & Seal Corp.
stock
A
the Minnesota
•
I ■■■?'*''Period
,
Cash
which it
and 0.1405 share of the Minnesota Company's new common stock
tric Co.
^
with
1942
which
20l5.;;^;^';;Vv> ,;:r Z'V];''V'-';''-'*;
159, -p.- 2015.
in
for each
'{
—V.
class
common
—V. 159, p.
1943
Assets—
Investment and
which
common
of
owns
878,673
$1,656,582
258,538
$993,391
filed
was
8,254,278
Balance
.
plan
share
'
Accrued
Consolidated Balance Sheet, Dec. 31
Liquidation and Dissolution of North. States Power Co. (Del.)
(Del.),
2457
of
provides for the liquidation and dissolution of that
company.
Since the end of 1943 Northern States Power Co. has filed
an amended
plan.
If the amended plan is approved by the SEC and
becomes effective, Standard Gas & Electric Co. will receive two shares
$2,535,256
1,614,263
for
A
Co.
130,961;,
$2,863,585-
$323,648
-
Plan
$2,404,294
$2,852,911
$316',874
-6,774
4-—U--———'
•*.
) -f f f
-
,
2,439,925
346,801
-
revs'.-"-—j.'-'v*$343,392 Z-'Z4; ,♦,
1,730;
Z—-/a-
$6,375,156
2,840,723
72,'405
83,569
:
406
income •
Gross income
$7,307,140
$830;741
317,476
40,130
81,190
*
franchises.—
of
!
■
77,340'
Pfoy. tor retirements—
Amort,
1944—8 Mos.—1943
1944—Month—1943
»
$1,200,000
recently
investments;
of
consolidated
to
is
merger
simplify
■'.'•■ '
■
.■
with
Lago's
those
corporate
of
operating
Creole
set-up
and
prop¬
Petroleum
effect
econ¬
7.•
.•>■.*
Gallagher announced that net profits for. the first half
probably will be around $70,000,000, equal to about $2.50
This
would
comparable
with
compare
1943
$48,000,000,
$1.75
or
share
a
■■
■
?
' "
oi
per
for;
period.
debentures, due in 1946,; ; is now pending.
....
•
v
;
New Directors-—and-*-called for ^redemption of^all of. .1tsr issued and outstanding 6% .
Pursuant to an order of the U. S. District Court for the District of
'-.ZV.*';'?;;;
s cumulative^prefer-red
stock-,v-amounting to -$2,231,700,. at the eall priced .
Chester F. jSmith, President of Standard Oil Co. of New
Delaware, entered on March 4, 1944, on the petition of the special
Jersey.
«f $110 per share and accumulated dividends to Dec 31, 1943.
The
and Jay E. Crane, Treasurer of Standard Oil
trustee, a compromise and settlement of all Claims of the special
Co, (New Jersey A, hav«'
'"
> company - also
purchased-: 25,900-.-shares <oi+ its comnion. stock from v: trustee, against H. M. Byllesby & Co., the
board of directors. U<n\
Byllesby Corp. and certain > been elected
'1'
'
i'lti(
Standard
Gas and Electrie Co.i-for'$2,590,000. ; Standard Gas and.a,
""individual defendants has been consummated.
The special trustee-re-—-Electric. Co.,- the owner .of all- of the common stock of Oklahoma, Gas t
; Listing Of ■'Additional
■e'eived, and in turn paid over to this company/the sum of $75,000;'in
Capital Stocks- ;
,and Electric .Co.,'paid t-o .the. latter company $2,593,704 in full paysuch settlement, and the special trustee's suit in the State of New
The New York Stock
Exchange has authorized the listing of 50.203
inent of .all stock .dis,cpunt.om all .ctasses^ of the outstanding stock of
York was discontinued as to those defendants and his two suits in
additional
shares of capital stock
($25 par)
on
official notice ©r
-Oklahoma Gas and'Electric Co] upon the condition that said amount r the State of Delaware-were dismissed as to them.
'
;
issuance, proposed to be issued in connection with the merger into
-7be used by Oklahoma Gas and Electric Co. to eliminate from its ac-V
Jersey of Pan Foreign Corp. and of Lago Petroleum
counts the item 5 "'.Commissions and expenses on original issuance of
Corp,, making'
Statement of Consolidated Income for Calendar Years •
the total number applied for
27,333,795 shares.
:
I
preferred stock and,on: sales of reacquired preferred stock, $2,593,704" 1
(Not including Southern Colorado Power Co. and Pittsburgh Railways
Standard Oil of New Jersey owns more "than
99V2% of the out-f
.and:delivered to -that company, as a capital contribution, 16,000 shares
and subsidiaries and other street railway subs, of Philadelphia Co.) *
standing shares of stock of Pan Foreign and of Lago.—V.159, p. 2237.
of: its common stock; (par $100). -^Following these transactions the
articles of incorporation of that company were amended to reduce the
/'
1943
1942
total .iauthorized Capital stock to $67,869,900, of which there was out- .
Subsidiary Companies—
$.$■:/:
Sterling Drug Inc.—Listing of Additional Capital Stock
7 Standing at Dec. 31,-19437 $29^47,800; consisting of $15,000,000 of comThe New York Stock Exchange has authorized the
Operating revenues
113,777,668 104,136,042
listing of 67,595
Jinon stock and $14,647,800 of. 7fo
cumulative preferred stock; each-. ,
were
company,
used.<to• redeem $6,650,000*4^
.
„
-
f
«
„
.
.
,
•
•-
'
..
.
,—
-
'
Operation
$100) was reclassified into five shares
$2011/'and each share of preferred stock was
given five votes in orderwWaihtain voting parity.
; ;
'
share of the common stock' (par
©f
stock
common
-
; •tion
of' othei^^tem5'companies
was "reduced $3,067,074;
year,-principPr^rough 'operation of sinking funds and
the
payment ;of serial notes, mtt.^nug during the year.
Bank loans (other
than those represented by"setiarnotes) of the system companies were
reduced $6,026,250 and at'the close of the year such loans outstanding
totaled $6,958,750.
'■;
,-C '
;
A
summary
■
Taxes
for
deprec.
reserves
deple-
&
prof,
exc.
/
taxes)-
8,187,426
for
for
Federal
profits taxes__-T.
Other
Consolidated Income Statement, 3 Mos. Ending March
.1,225,602
7,559,950
5,726,503
Sales, less returns, allowances and, discounts—
Cost of goods sold, selling, advertising & adm.
914,600
operating income
31,292,105
charges (net)—Dr664,321
Net
■
of, the SEC findings rejecting the company's simplifica-7
p. 2312.
7,966,430
&
excess
.
12,477,909
;
foreign income taxes™.
1,151,337
Federal income taxes^
.4,™8,150,697
Provision
issuance in connection
5,680,392
.
Provision
,,
,
.
.
for State
additional shares of capital, stock (par $10)
upon official notice of
witji the acquisition of all the net assets, prop¬
erty, business and good will of Frederick Stearns & Co. (Mich.), mak-'
ing the total number applied for 1,818,295 shares.
1
34,543,159
6,494,673
-
—' •.. 13,238,439
r
(other than income &
4
—
—
retirement,
Provision
.
-
~
Appropriation
Funded * debt
during
39,536,488
—_:^_i._™-™,__
Maintenance
(par
30,768,000
Gross
Br710,334
Other
profit
income
income
Gross
Plan for Recapitalization of Southern Colorado Power Co/.;"
;
7
.
*
A
Southern
of
24,4943,
Jan.
on
Income'
Divs.
-
,
shares
10
•
of
now
which
would be
appeal
An
been
12,196,524
Other deductions
17,855,757
17',861,142
Prov. for est. Fed. inc. & foreign inc. & excess
profits taxes,
less Canadian post-war refund; of
stocks held by public.—8,155,214
in undistrib net income
447,088
8,155,190
of 7%
common
be made
stock
for
each
to
V
by
•
A
common
Gas
common
Power
stock
1.08%
of
of
.Prov.
and
sub;
cOs.____—9,253,455
Gas
&
Electric
Co..
Co
Co.
•
owns
360
shares of
1%
/ ■ '
4
cumulative
Standard
Gas
and
Eleetric
Co.,
as
the
holder
9,399,971
614,775
net -income.—
——_
Statement of Income
9,868,230
10,014,383
Income -from
Dividends
'
3,682,637
5,641,188
Int.
•
'
on
Connection-
with
'
profits, taxes,
excess
less
post-war
re-
■-
—
.
756,009
.
operations-Z-.Z—$2,767,573
159, p. 2312.
therefrom
will not
materially affect the 1943
earnings.
_...
Superior Steel Corp.—New Vice President—
Carl
Steel
debt
of
$5,490,643
interest
Total
Expenses
income
and
from
—
$5,026,810
402,293
402,051
company.--
taxes
&
:
interest-
The
income
on
-
funded
Amortization
of
assumed
Other
interest
on
—
debt
debt
$5,893,057
additional
$5,509,413
549,230
$5,384,371
interest
&
expense.—79,761
.
82,334
48,547
1,763
481
$1,701,734
$1,136,218
'
Net
income
of
of
1942, has been
the
Superior Steel
the
Wickwire
elected
Spencer
Executive
Corp.—V.
159,
Vice-
p.,
2238.
shares1 of
and
stock,
sale
upon
'
'
1
Stock
to
Exchange has authorized the listing of 100,000
common
stock (no par), upon official notice of
underwriters, and 50,526 additional shares com¬
official
purchase of certain
date
notice
.
securities,
1,005,866 shares.
Sunray
3,692,603
<
46,545
...
since
director
of
issuance
in
connection
with
th©
$4,960,183
3,554,568
discount
a
York
New
issuance
___
508,686
4
Executive. Vice-President
York
New
Common Stock—
80,552
121
—-
divs.
Collins,
of
and
Sylvania Electric Products Inc.—Listing of Additional
—
associate
I.
1942
Interest:
companies
others
.
Co.
President
mon
Taxes
its
\tv>rw
funded
and
associates
from
Miscellaneous
Gross
company.
resulting
•—V.
3,823,965
5,676,907
1943
Dividends
from
Dividends
.
Interest
power of that
Fed.
$84,000—
549,230
(Company Only)
Calendar Years-t— '
will
the total voting
est.
of
Renegotiation of 1943 sales to the Government is now under way by
the War Department, but the management believes that
adjustment, if
614,412
of
and class A common stock of Southern Colorado
receive in lieu thereof 4,849 shares of new common
Southern
Colorado Power Co. which will then constitute
•
22,132
508,686
L„——4™—"
$5,871,046
,
1
;
Electric
for
fund
283,849
:
———
any,
——™
,
Vecapitalization program Southern Colorado
Power Co.,
during' the'month'of November, 1943, issued and, sold
$5,500,000 of its first'mortgage bonds, series due Nov. 1, 1968, 3V2%,
In
of
Standard
charges of Standard Gas & Elec. Co.—
stock
Co.,
of
Consolidated
Electric Co. also owns 6.247 shares of the non-voting class A*
stock of Southern Colorado Power-Co;
If and when the plan
consummated,
preferred
Total
Income
preferred stock and all qf the class B common stock, amounting to
75,000 shares, of Southern Colorado Power Co., which shares consti¬
tute 64.13%
of the-total voting power of that company.
Standard
and
income
of
income
the District Court's order of Jan. 19, 1944, has
the U. S. Circuit Court of Appeals for the Tenth
yet become effective.
Gas
:
Exps, & taxes of Standard Gas & Elec.
a
Standard
income——_4^_—
net
Net profit from
r
,
int.
—i———2—].-^——
™—67,804
$39,000—2,279,669
and
share of class
the holder of the class B
eliminated.; ' V,;, ,'.
cap.
Balance
Other
cumulative
* .' ? V....'r--.
\
.^™—v™*.
Undistributed
preferred stockholder of Southern Colorado Power Co.,
which appeal is now pending, and for that reason the plan has,not -as*
Circuit
is
———^12,772,027
—
income
Total
from
to
taken
new
outstanding.
distribution would
No
Stock
t
share
stock
common
;.
share
preferred stock now outstanding, and all rights to accumulated
unpaid dividends thereon; and
/ .
'
One-fifth
'.
stock for each
of new common
on
Minority
things,.-for the reclassification of all of the present-stock of that company into 452,160 shares of new, common stock (no par) and the
distribution of such new common-stock.as follows;;>'■
.
30,057,666
deductions
Balance
and by the U. S. District Court for the District of, Colorado
.19, 1944.
This seconds amended plan; provides, among other
4_——__————327,253
30,627,784
—
second amended
plan..dated Oct.. 14,4943, for the recapitalization
Colorado Power Co. was approved by the SEC on Nov.
$17,765,344;'
12,221,553
etc...
exps.,
—————-4-4——$5,543,783
—
tion plan Was given-in our issue of June 5,
31, 1944
—
Dillon &
Oil
See
making the total amount applied for to
159, p. 2238.
also V.
Corp.—Debentures
Co., headed
a
Offered
syndicate which
fered $13,000,000 15-year 33A%
w
011
iEastmanV
June
^.of¬
sinking fund debentures
The financing isTo jyrdvide
funds for consummation of the merger of Darby...Petroldue 1959 at 103 and interest.
I
2458
"
xt
■
■
.
approved
companies on
Corp. into Sunray Oil Corp., which was
eum
special meetings of stockholders of both
at
■
June
7, and to retire mortgage debt.
/
Production
Combined
oil
crude
Net
of
Corporation
the
dated June 1, 1944; due June 1,
are
through
sinking
the
fund
fund
sinking
against
credited
be
may
requirements.
the option of the corporation as a whole or in part
days' notice, at the following prices and^ accrued
interest', prior to June 1, 1945, 106 xh %i on or after June 1, 1945; but
prior to June 1, 1946, 106%; on or after June 1, 1946, but prior to
at
time
any
30
on
105 y2% ; on or after June 1, 1947, but prior to June 1,
or
after June 1, 1948, but prior to June 1, 1949.
104%%% on or after June 1, 1949, but prior to June 1, 1950, 104/*;
on
or
after June 1, 1950, but prior to June 1, 1951, 103y2%; on or
after
June
1, 1951, but prior to June 1, 1952, 103%; on or after
June 1, 1952, but. prior to June 1, 1953, 102%%; on or after June 1,
1953, but prior to June 1, 1954, 102%; on or after June 1,-1954, but
prior to June 1, 1955, 101'/a
on or after June 1, 1955, but prior to
June 1, 1956, .101% ;, on or after June 1, 1956, but prior to June 1, 1957,
100%%; on or after June 1, 1957, but prior to June 1, 1958, 100y2%:;
and on or after June 1, 1958, 100
June
1947',
105%;
on
through
redeemable
Also
of not
$10,000
than
less
on
operation of the sinking fund in amounts
30 days' notice, on June 1, 1945, and on
interest payment date thereafter,
interest: prior to June 1, 1946,
crued
prior
after
to
June
i—-A——
to
prior
but
1955,
1,
101%;
1956,
1,
June
1, 1956, but prior to June 1, 1957, 100%% ; on or
1957, but prior to June 1, 1958, 100% %; and on or
June
on
after
or
after June 1,
after June 1,
1,896,325
33,305
65,504
36,081
19,085
534,255
2,350,085
2,581,294
2,902,764
563,149
1,828,405
1,436,720
1,492,463
—1,667,727
Oklahoma
6,674,194
6,331,276
6,457,672
—
——,_i;
:
—
the
shows
below
schedule
Operations—The
Refinery
the
agreement of merger has been entered into between the corpora¬
Petroleum Corp.
The stockholders of both, Darby
An
and' Darby
tion
:V;
1944
oil
Crude
1,748,754
1942
857,032
20,132
83,292
approved, the merger June 7,
Under the agreement of merger each share of common stock of Darby
(351,390 shares outstanding) will be converted into one share of 4'A%
cumulative convertible preferred stock ($40 par), of the corporation to
be authorized upon the agreement of merger becoming effective.
All
authorized shares of 5x/2%
cumulative convertible preferred stock of
4,592
16,356
light gas oil
18,524
93,117
&
Residuum
112,142
Cracking stocks
The
Dillon &
First
Boston
Lehman
Corp..
Brothers
Hornblower
Weeks..
&
holders
of
stock
common
of
Darby.
V
Darby Petroleum Corp. as of March 31, 1944, owned all or a. part
interest in 135 producing leases in Kansas, Oklahoma, Texas and NewMexico containing 35,855 gross acres with 697 oil wells and 39 gas
Arkan¬
153 producing royalties in Kansas, Oklahoma, Texas and
w.ells;
also overriding royalty
Texas,
addition to its interests in
producing leases, Darby on said date owned undeveloped leases in
Kansas, Oklahoma, Texasr Arkansas and Louisiana representing 247,395.93
net
acres
and
non-producing royalties in said States repre¬
with
sas
wells
oil
812
in
interests
New
oil
50
and
16
wells and
Arkansas
Mexico,
and
wells;
gas
in Kansas, Oklahoma,
10 gas wells
and Louisiana.
400,000
William
400,000
The
Milwaukee
The
Wisconsin
W.
C.
Langley
Merrill
Webber,
(a)
payt.
To
first
3J/a%
yr.
%./
redemp. of outstdg. $1,430,000 5-yr. 2M>%
instalment notes and $2,300,000 12-
or
mortgage
Douglass
by
int.
crued
(e)
the
to
:
of
shares
25,807
A.
Charles
5 Vz'fc
of
150,000
100,000
p.
has
elected President to
made Chairman of the
been
159.
Other
Interest
Net
inc.—
on
ible
pfd. stock of the corporation called for redemp.
6, 1944, at $52.50 per share plus accrued
(d)
To
redeem
purchase
or
of ,4%%
cumul.
—
$0.07
Nil
——
35,833
430,000
mediately
after
debentures,
the
retirement 175,695 shares
pfd. stock to be outstdg. im¬
issuance
and
delivery of the
at $40 per share—
$1,189,154
152
75
2,772
$115,168
$118,006
$1,192,926
$1,210,575
2,907
733
Adjusted
Give
to
Effeet
to
Present
Authorized
15-yr. 3%%
"Account
4>/2%
Common
'
S. F.
in
pfd. stk.
($1
10
reserved
stock
and
annual
for
Sunray
in 1945 for services in
tOf the authorized shares 935,575 shares
merger.
for
of
4Va%
Corp.
cumulative
possible subscription
JExcludes 8,238
incorporated
was
by
in
convertible
30,457
$117,273
$1,161,469
$1,196,336
20,417
the
and
business
properties
gas
of
exploring,
and*the
acquiring
:———
'
and
For
sale
of
natural
time
some
refinery
interests
in
and
merger
into the corporation of Su¬
It
sells
chasing companies
at Allen,
Okla.
most
of
—
Corp. was incorporated in Delaware on July 8,
Darby is engaged in the business of exploring, acquiring inter¬
and developing prospective and proven oil and
gas lands and
1919.
ests
in
in
the
tion
It
production
of
natural
does
lines
Petroleum
not
or
and
or
marketing
operate
an
any
oil
and
natural
gas.
The produc¬
insignificant
refineries,
part of its business.
natural gas plants, pipe
facilities.
natural gas in the States of
Results
crude
constitutes
gas
own
sale of
of
It is current producing crude oil and
Kansas, New Mexico,. Oklahoma and Texas.
Combined
Operations
Pro
Forma Basis
*
[Corporation and its wholly-owned subsidiary, Sunray Oil Co
Darby
Petroleum Corp., and Superior Oil Corp.
merged into the corporation
on
Oct. 15, 1943.]
Calendar Years—
Gross
operating
Costs
&
Depletion &
ties,
dry
Operating
Other
holes,
gen.
leases
etc
& adm.
,
1941
and
4,233,490
4,082 327
2,465,705
2 425 034
'
royal-
1,166,560
__
exps
806,140
701,042
903,278
__
—
_
791,473
797,204
$2,517,436
$2,320,491
$2,053,750
66,580
income
income
1942
4,811,717
2,462,315
—
depreciation
Abandonments of
Selling,
1943,
income..—— $11,861,308 $10,617,301
$10,059,360
opeiv exps..
51,488
51,462
-
Total
on
Other
Prov.
income
and
debt,
deductions
for Fed. <Sr State
$2,371,980
$2,105,213
206,510
etc
210,731
241,449
55,891
inc.
taxes
81,918
40,383
567,708
627,465
366,266
income
$1,753,907
$1,451,864
$1,457,114
1,890,760
1,825,411'
$2,077,599' $2,256,224
'
31,042 '
181,664
$277,652
18,050
$295,702
$2,108,641
172.838
196,056
1,752,953
2,000,453'
$29,307
$99,646
$355,687
$437,434
$2,437,883
inc.
and
bus)
•
-
•
Passenger
Mail
$4,449,122
4,536,108
_J
for
Fed.
3,364.677
*92,420
taxes)—
milesi—._____________
revenue
miles——
•
1943
$3,902,768
%
(after prov.
ton
V
1944
•
expenses
357,352
58,073,087
46,884,457
667,375
mlles_„^—1,731,485
ton
670,213
1,495,482
"Deficit.—V.
159,
Terminal
.
1192.
p.
RR.
„_
Louis—Exchange Offer—
Association
St.
of
Tybor
*
The
the
directors
50-cent
record
$184,565
$184,539
$172,218
26,743
25,321
26,844
26,288
$157,695
$145,930
116,782
118,565
<
p.".125.,*'<
above.—-V. 33,
Louis
value
13.
An
this
issue
,
dividend
a
stock,
capital
June
Net
10,006
10,167
$159,244
$159,290
profit after all taxes and charges
against 21
as
The
First
1,371,858
1,235,591
1,170,128
11,491
•:
$1,414,367
$1,276,045
$1,188,306
17,211
17,211
17,211
15,458
$548,144
$1,397,156
$1,258,834
$1,172,801
$565,355
pfd. dividends—.i— ",V/
1st pfd./dividends-
a
year
National
Bank
47
has
corporation
be
of
exchanging
exercised
or
on
of Jersey
Balance
Sheet, March 31, 1944
/.
debt
unamortized
$18,324,088;
-
'
,
total,
City.
$19,338,837.
1
first
cumulative
preferred
stock
(par
$100),
class
common
A
stock
common
subsidiary
stock
(78,437
$1),
(par
preferred
cumulative
participating
companies,
shares,
accounts
(no
debt,
payable,
$82,771;
class B
par),
$452,771;
par),
no
funded
$450,000;
$63,000;
stock
$9,259,000;
due to
accrued in¬
surplus, $548,144;
total,
$19,338,837.—V.
pointed
the
presently
..
of
in
stock, par value $20, have been
prior preferred
new
on
exchange for the present cumulative $5 preferred stock.
for
registrar
2239. ;
p.
Bank
prior
-
..
159.
0.
2346.
1;
United Fruit
•The
Gulf
the first
the
of
City
preferred
of
stock
York
New
$20
has
been
value.—V.
par
ap¬
159,
'/
•
St. Louis^-To Make Ex¬
"Fra
Co.—Subsidiary Launches Ship—
Shipbuilding
of-,
at/Mobile,
Corp.
Ala.,; on
Juno 11
launched
six-.ships to be built for the United Mail Steamship Co.,
the. United
Berlatigaf,"—V.-'159,
subsidiary
Terminal RR. Association of
of
said cumulative $5 preferred stock may
7, 1944, and certificates for said stock
exchange to Registrar & Transfer Co., New York
Chase 'National
The
$154,317;
earned
share
$4,909;
accrued taxes, $29,943; reserves, $1,701,477; capital
surplus, $1,515,107; surplus reserved for general contingencies, $160,000;
terest,
each
shares ol
listing
for
$4,'
917,400;
transfe?'
'
the New York Curb Exchange, but will .not be
admitted to dealings until the Exchange has received notice that a
sufficient ftumber of shares thereof have been issued and satisfactorily
approved
distributed
Liabilities—7%
;
:
Corp.—Exchange of Stock
that
announced
-//•••;
,
shares
The
discount/ and
$563,456; due from subsidiary companies, $102,645; cash in
$343,063; special deposits, $5,036; accounts receivable, $500;
banks,
;;%■■■
City has been appointed
158, p. 2518.
before July
may be presented for
Assets—Investments,
$0.12.
outstanding cumulative $5 preferred stock, without par value; may, at
the option of the holders thereof, be exchanged for five shares of the
new prlor^preierred stock,
par value $20, and $2 in cash.
The privi-.
lege
'
90,000
$0.14
the island of Puerto Rico, previous.—V. 159, p. 1599.
/
:/;
"
United Cigar-Whelan Stores
1,688
/
The
...
104,000
$16,489
10,053
—•
1943
$1,150,000,
/
share
per
«
1944
$1,5-74,000
The company i3 now operating 31 stores op
10,242
$28,963
Misc. credits to surplus.
_c—
since.
none
—
Union Trusteed Funds, Inc.—Transfer Agent—
$32,456
$33,527
531,828
Surplus Jan. 1
eight cents per share on
July 1 to holders of,
five cents per share was
of
last year;
30,
£,—
Earnings
discount
income
of
payable
distribution
initial
on
Pay 8-Cent Dividend—Earn¬
,
declared
119,199
9,943
debt
Inc.—To
have
par
June
on
Sales
$186,033
———
Stores,
ings and Sales Rise—
agent for the common stock.—V.
of
Fruit
p.
486.
The
Co.
:
*
•
of
name
.
the
"
ship is
a
the
1
change Offer for Stock of Two Leased Lines—
J.
P.
the
Watson,
Louis,
informed
of
the
President of this
Jr.,
of
stockholders
holders
the
St,
Louis
company; in a recent letter to
Bridge Co. and Tunnel RR. of St;
that, the
them
twa companies
Association plan^ to offer to ■ stock¬
bonds in exchange for their holdings.
The
proposal involves an offer to exchange 75-year refunding and
improvement mortgage 4% bonds, series C, of the Terminal company,
on
a
basis of $150 principal amount of bonds for each share of first
preferred
common
"If
an
of
which
the
the
St.
Louis
Tunnel
for
each
Bridge
of
RR.
share
of
Co.
St.
or
Louis
second
for
and
each
$75
share
of
principal
stock
of
the
offer should become effective,"
said
be to assure to assenting stockholders
that
now
diminution
are
would
income
they
,
in
imposed
of
in
the
form
receive
income
upon
the
in
by
of
bond
interest
the
form
of
reason
bridge
and
of
for
the
life of
the
tunnel
companies
under
the
Bodine,
compliancewith
Chairman
of. the
company;
for complete liquidation
said
as a
June
7
necessary
that
step
29,—V.
159; p.
geographic ' integration
2016.
B.
H.
Bristow
Draper,
a
June
4
at
Corp.—Obituary—
director
First National Bank of Boston,
on
.
..
United Shoe Machinery
the.
dividends without
Federal income taxes
stock
W.
discarded plans
has
previsions of the Public,
Utility Holding Company Act.
•
■
■.//• :
•
"
%
"The UGI company may continue as an
Investment corporation,"
he said.
"We now have no such thought of ultimate
dissolution."
He
testified1 in
Common Pleas
Court
at Philadelphia,
at injunction'
proceedings instituted by a minority group of stockholders Who oppose1
a
retirement
annuity' plan
for
officers
and
employees
approved
the
the
preferred
United Gas Improvement Co.—Wind-up Not Planned
..William
UGI
Feb.
exchange
results
annual
same
of
company.
"its
bonds
of
stock
stock
of -bonds
such
letter,
jisk
Net
$4,081,635
$3,968,360
183,886
3,144
revenues
Net
expense
Bridge
$2,584,017
___
long-term
$461,537
10 Months Ended April 30—
1941
1942
-
115,820
of
amount
Int.
1944—10 Mos —1943
$1,546,705 $16,115,218 $14,824,561
1,085,167
12,146,858
10,742,925'
$202,145
.
r____
comb'd net
earnings
See
expense,
Darby
income
Operating
956,417
v-
Divs.
earnings
its
crude oil production to crude oil pur¬
the balance is delivered to its refinery located
and
interest
Amort,
$3
of System—
Operations)
$199,001
Tunnel RR. of St.
1943
1944
Interest-
7%
Bus
159. p; 1806.
Net
May .25
Total
subsequent to the
and
Transcontinental & Western Air, Inc,—Earnings—
/>
gas.
Oil Corp., corporation owned and operated properties acquired
by such merger which are now owned and operated by Sunray Oil Co.
The corporation
is currently producing crude oil and natural gas
in the States of California, Kansas, Louisiana, New
Mexico, Oklahoma
Texas.
956,424
—
on a
earnings
and
developing
perior
and
paid
2312.
Oper. exps.; and taxes..
and, which, in
and is engaged
prospective and proven oil and, gas lands, the production, gathering,
refining and sale of crude oil and products thereof, and the produc¬
tion
*Gross
Net
Feb.
15, 1929.
of the capital stock
on
period—
193,355.
/
income.
gross
70,000
$112,260
—
3 Mos. End. Mar. 31—
shares in treasury.
Delaware
865,050
3 Mos. Ended Mar. 31—
5,806
t
,
shareholders entitled
a
oil
owns
preferred
865,050
for
$392,356
rev._
income—1
oper.
non-oper.
made
beginning
2,316,451
$2,281,421
1944—Month—1943
_r———
(railway
Telephone Bond & Share Co.—Earnings—
175,695
,2,305,714
$2,727,871
meet
announced
shs.
t2,778,384.4 shs.
175,695 shs.
holding company.
It owns 100%
Sunray Oil Co. (Okla.), which is its only subsidiary,
turn,
in
instalments
fractional shares.
Oil
Corporation is
$13,000,000
t5,000,000 shs.
conversion
shares
227
to purchase
of
1959_/_
($40 par)
par)
bringing about the
are
due
Outstanding
$13,000,000
421,668
i—_421,668
conv.
stock
"Due
debs.,
payable
cumul.
Financing
oper.
''
deductions
—V.
14,239
(int.).
dividends
company
Capitalization,
net
Total
$1,204,769
requirements of its expanding operations, the corporation
that it has brorowed $250,000 from an insurance
note which is payable in annual installments of $25,000
each, beginning April 15, 1946, with final installment for the unpaid
balance due on April 15,
1954.
Proceeds are to be used for general
corporate purposes.—V. 159, p. 2238.
\
To
7,027,800
187,322
$218,015
$1,652,188
1,259,832
revenue.—
expenses—_
taxes
Total
TelAutograph Corp.—Borrows $250,000—
,
191,693
$197,442
oper.
Total
430,000
$117,932
dividends
p.
22,307
$4,597,872
to preferred stocks
oper.
Total
35,833
(net)
deducts,
159,
82,061
$5,033,585
,
Period End. April 30—
*$78,577
$115,015
income
Common
—V.
1,940
$405,337
2347..
p.
Express
for
conv.
charges
159,
Total
1,354,868
____
6,705
$4,575,565
9,145
income
Total
996,000
June
on
5,280
$4,951,524
*
accruals—
income
552
$389,135
;
Operating
Net
800,383'
1,200,000
$403,397
(net)—
applic.
—V.
1944—12 Mos.—1943
1944—Month—1943
$626,548
$561,091 $6,980,953 $6,106,930
4,587,551
3,808,065
401,799
332,326/
774,247
664,096
73,900
75,000
revenues
Preferred
1,200,000
276
income
Total
Oper. main. & gen. tax.
Gross
(100,000
$379,990
revenues
income
Gross
1391.
p.
Period End. April 30—
income
100,000
res.
—
limited-term
oper.
Total
Tampa Electric Co.—Earnings—
res.
fl, ,227,870
766 256
1943
1944
Earnings per common share
Retire,
2,527 138
68,619
(Railway
$85,927
taxes
5 ,300,350
69,043
66,173
2125.
who
profit
Federal
6,008 731
262,285
—
472,120
100,000
Inc.—
Tracy,
Quarter Ended March 31—
"Loss.—V.
$1,113,731 $15,458, 929 $13 ,110,873
.
485,776
retiremt.
of
Net
•
divs. to the date of redemption
taxes
$1,294,500
12 Mos, —1943,,
1944
1944—Month—1943
■;
—_
taxes /—_———/
Total
Net
.
investments
Divs,
Hop-
&
Talon, Inc.—Earnings-
Income
convert¬
cumulative
Symington,
$1,895,869
375,678
375,678
period—-w
/•/.,
.
Third Avenue Transit Corp.—Earnings
J.
159,
$1,726,800
to preferred stock for
appropriation
100,000
Executive Vice-President, has been
Sauer,
Board.—V.
$3,817,100
; ■'/
To reimburse corporation's treasury for the redemption
price
Other
Symington-Gould Corp.—New President, Etc.—
J.
1,850,500
$154,182
150,000
Boyce—
Jaffray
153,335
$104,207
-
1902.
applic.
159, p.
Federal
150,000
&
$3,729,591.'
150,000
wood
&
$3,751,760
1,855,861
,
155,736
•
—
revenues
159, p. 2238.
Other
—
...
200,000
Co.—
Piper,
350,000
Utility oper. "income—■
amount plus ac¬
date of payment-.—,
Co.—
350,000
Co._
$3,577,306
expenses
Ct-
first mortgage sinking fund debs, of Sun¬
the corporation at the principal
&
Co._
22,169
$307,517
charges
Operating
200,000
Moore, Leonard & Lynch
Rogers
-V.
Co.—__
400,000
Nelson
'
ray Oil Co. (a wholly-owned sub. of the corporation)
.(b) To prepayment of first mortgage 3% notes guaranteed
Bros.
35,033
3,240
$259,943
income
Amort,
&
Richter Co.—
Scherck,
Stein
Sons,
$3,542,273
1,591
(net):
income
Property
Co
&
$305,926
867,284-
1,000,000
200,000
Miller &
400,000
&
Inc.
Operating
Application of Proceeds—Net proceeds (estimated $12,974,511) are to
follows;
' A7.
'
be applied as
250,000
Co.—
&
Loewi
Jackson
Rollins
H.
Blair
Hayden,
400,000
1,000,000
Texas Power & Light Co.—Eariiings-
250,000
Pierce,
Beane
Curtis
&
E.
&
Co._
Co...
&
Lynch,
Fenner
Paine,
&
Noyes
83,333
$256,703
revenues
Period End. April 30—
250,000
Marks
M.
Laurence
500,000
In
senting 39,570.78 royalty acres.
300,000
Co.
500,000
83,333
res.
Operating
Co.,
400,000
succeed
stock initially
&
Graham, Parsons & Co.
Kebbon, McCormick &
800,000
800,000
_____
4,569,634
1,107,989
843,664
1,362,753
1,389,514
Byllesby
M.
111,378
71,191
2,084,892
69,638
oper.
Divs.
Corp.___
Higginson
issued to
cumulative convertible preferred
4y2%
the
438,389
300,000
1,000,000
800,000
Glore, Forgan & Co.—
Lee
H.
Co._$2,650,000
5,555,064
207,134
income
Net
—V.
Blyth & Co., Inc
Kidder, Peabody & Co..
Riter &
of
Net
Underwriting—The names of the several underwriters and the several
principal amounts underwritten by them, respectively, are as follows:
Eastman,
410,492
taxes
Interest
439,931
1,588,705
$982,320 $13,025,893 $11,274,498
•
463,665
5,213
50,289
99,955
382,529 /
$1,080,473
taxes
Gross
5,788
V
438,953
14,796
—
Totals
redemption on June
6, 1944) are to be eliminated and the outstanding shares of common
stock of the corporation are not to be changed or converted by the
merger.
By separate
agreement the corporation has agreed with
Darby to purchase or redeem at $40 per share, within 90 days after
the agreement of merger shall have become effective,
175,695 shares
corporation (all outstanding shares called for
the
Federal
23,740
Codimer
Distill.
expenses
919,151
869,766
naphtha
Aviation
1
■
1944—12 Mos.—1943
1944—Month—1943
revenues /%(--1
Other
_
-
Service Co.—Earnings—
Operating
1,523,462
212,343
Gasoline
-
1941
1,530,941
1943
428,518
processed
...
an
Period End. April 30—
Property
retiremt.
appropriation
-Calendar Years—
Refinery products—
Corp. and Sunray Oil Corp.
Petroleum
of
production
Barrels
Hemphill,
Corporation of Darby Petroleum Corp.
Into
Texas Electric
'
Other
3 Mos.
therefor."
liability
to
as
that
stated
20,709
corporation's refinery:
■
Merger
determination
letter
Operating
Totals
Hayden, Stone & Co.—_
iooy4 %»
1958,
1,655,916
52,058
2,115,343
constitute
dividends
such
application has been filed with the ICC
from which authority must be obtained before a definite offer can be
made.—V. 159, p. 2346.
,:/%/>■;/'■■•lV
.v- /.■%.
/The
3,700
—_
Texas
1
11,623
486,597
Kansas —^—A-t-r,———
Louisiana
that
theory
company
,
judicial
339
at the following prices and ac¬
103%; on or after June 1, 1946,.
June 1, 1948, 102%%; on'or after. June 1, 1948, but
prior to June 1, 1950, 102 V2 %; on or after June 1, 1950, but prior to.
June 1, 1951, 102y4% ; on or after June 1, 1951, but prior to June 1,
1952, 102%; on or after June 1, 1952, but prior to June 1, 1953,
101%%; on or after June 1, 1953, but prior to June 1, 1954, 101Vz%;
on
or
after June 1,
1954, but prior to June 1, 1955, 101 'A %<; on or
but
Indiana
2,637
331,125
688
1,
1948,
any
Illinois
J
.
companies, even though such dividends are paid
through J. P. Morgan & Co. Incorporated,
such
to
come
Terminal
1941
:
329,361
303,480
67,282
California
Corp.
—1—• --
2,987
6,468
1,121
—.
New Mexico
Redeemable
at
Arkansas
..
.
constructive in¬
by the
directly
to such stockholders..
While the Terminal company has borne these
income taxes in the past, it does not feel that it is obligated to do so
under the terms of the lease agreements whereunder it operates all;
of the properties of the bridge
and tunnel companies; and, in the
event
the proposed exchange offer should not become effective,- the
Terminal
company
110
longer proposes to bear such taxes without
Government's
the cor¬
into the
1942
1943
1944
.'V
State—
V
•
•
-Calendar Years-
3. Mos.
1 and Dec. 1.
registerable as
payable June
denomination
of
$1,000,
of
interests)
—-—Barrels—
1959.
Coupon debentures in the
to principal only.
Sinking
fund payments on April 15, 1945, and on each Oct. 15 and April 15
thereafter to and including Oct. 15, 1958, sufficient in the aggregate
to redeem $12,000,000 of debentures.
Sinking fund1 payments may be
made in cash or debentures and debentures redeemed otherwise than
Interest
Petroleum
Darby
and
royalty
(including
production
poration (including Superior Oil Corp. prior to its merger
corporation) combined with that of Darby Petroleum Corp.
■'
Debentures
Monday, June 12, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
'
of
this
cofDOratioh
and
of 'The
and President of the Draper Corp,, died
Hopedale, Mass.—V. 159, p. 486.
>
'
Volume 159
United States Freight Co.
•
^Quarter Ended March 31-—
Net
•-~V.
/
'"
$86,197
$289,371
$41,734
$0.97
$0.14
•
■ft
$0,29
1942
[It
paid
Deserve
for
\
Net
$
$739,488
(net)_„__
308,000
500.000
950,000
$685,309
1807.
$824,632.
profit
income.—V.
other
♦Inc.
.,$342,391
etc...
159, p.
$
■/
$
.
249,737,320 935,340,299 1,088,070,531
Orders unfilled—— 897,557,319 987,119,603 897,557,319
987,119,603
♦Sales billed ——^ 190,091,461 155,649,355 748,747,409
530,764,495
340,000
$356,126
taxes,
$.
.'■=■•
booked--.,-— 226,110,472
Orders
50,516
6,581
,
Preferred Shares Called for Redemption—
before
taxes
Federal
and
tax
Excess
•
23,566,776 106,193,079
2,262,015
10,662,983
17,376,667
73,096,783
25,701,929
2,488,323
18,901,696
ft——•_
——
profits tax
announced
was
June
on
that
5
130,226 shares of convertible eft-
preferred stock have been called for redemption as of
Aug. 1, 1944, at $10.50 per share/ plus 20 cents per share representing
the accrued dividend from April 1, 1944 to Aug. 1, 1944, and that the
balance of 18,950 shares have been conditionally called for redemption.
The Exchange, in its circular, further
"Pursuant to the terms of the call,
states:
the conversion
into
common
stock prior to Aug, 1, 1944, of any shares of 'called stock' will result
in a similar number of shares of 'conditionally called' stock
becoming
'called' stock,
"The holders of preferred stock have the right to convert their shares
common stock at the current rate of 1 lA shares of common stock
into
for
post-war
adjustments
Income
It
cumulative
1944—12 Mos.—1943
1944-^3 Mos.—1943
'
contingen-
s ^Includes
separate unit.
Westinghouse Electric & Mfg. Co. (& Subs.)—Earnings
$1,223,465
$1,818,955
38,155 J
44,323
$700,886
36,760
•Interest
cies,
operated as a
reported
Period End. Mar. 31—
1941
1942
1943
1944
April 30—
before charges.
Depreciation
;
be
1700.
p.
•6 MoS; End.
Prof it
is
that one share of National Distillers capital stock
will be issued in exchange for each 3 la shares of White Rock common
stock.]—V. 159, p. 2126.
United States Leather Co. (& Subs.)—Earnings*
to
2459
No announcement has been made of the details of the plan.
1943
'
will continue
White Rock business
'
1944
•'•••"
share___
per
159,
(& Subs.)- -Earnings—
J
1„_—D'
profit
Earnings
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4289
-
72,552,604
6,989,271
47,883,801
one share of preferred stock plus unpaid accrued dividends
preferred stock to Aug. l, 1944.
"After Aug. 1, 1944, dividends will cease to accrue on the
the
on
called
stock."
The
:5 U. S. Realty & Improvement Co.—Attorney
to Represent Security
the
-On
Federal
application
of
Appointed
Net inc. before
Holders in Service—
O'Donnell,
J.
James
war
"petition,
the
4
stated
that
he
future—V.
near
159,
file
to
expects
2239.
p.
reorganization
of
plan
a
,
.
Well
Supply
Co.,
♦Net
the
on
P.
share has been declared on account of accu¬
cumulative first preferred stock, no par value,
Chemical
Victor
of
Operating
1,168,263
222,843
•
_
■—_'
235,537
'Depreciation
Taxes
(Fed.
'Other
taxes
Other
major
Sales
&
Balance
.
$539,070
Er20,571
$6,366,096
19,767
$6,385,864
148,786
dividend
156,860
1,839,023
$361,639
$4/546,841
the
while
Mr.
Bussmann
Assistant
was
of
were
to
Accrued dividends of $3.60 per share were paid June 10, 1944, to
stockholders of record June 6, 1944.
The New York Stock Exchange has been advised by Willys-Overland
Motors, Inc., that their previous notice to the Exchange in connectiort
with the redemption of preferred stock to the effect that a dividend
of 20 cents per share would be payable June
10, 1944, to stockholders
of record June 6, 1944, was in error, and that such dividend will be
paid only on conversion or redemption of stock.
Notice to Holders of
Holders
Kloeb,
of the District Court for the Northern District of Ohio, West¬
Division, to show cause why they have riot complied With the order
confirming the Plan of Reorganization and entered in this cause on
Aug. 28, 1936, or be forever barred of any and all rights granted
therein in and to certain
stock held by the National City Bank of
New York, 55 Wall St., New York, N, Y., to be exchanged for said
ern
bonds.
1,171,602
1,000
2595
5361
1,000
2596
5856
8240
In
the
addition,
company
Canaday
aircraft
sections
of
the Navy for intricate center
plane.
The assembly of this
hearing
Toledo, Ohio,
and manpower trained to the point where additional
cellations
The
—
"As
leading
a
forces,"
strides
in
of
"One
almost
the
on
stock,
common
'record
15.
June
1
no
declared
value,
par
similar
A
a
June 26
payable
distribution
cents per
30
-
.
•
made
was
to
the
•
goodwill
'Jeep,'
effort
war
on
to holders
June
Net
of
sales
,
plus
and
30
Nov. 10, last year.
''/■'■''-"/■'• ■ ftft'ft■:'■■':;:' ■;•-,; V:vi'"r:'The directors also declared the usual semi-annual, dividend . of
r30 cents per share on the 6% preferred stock, par $10, payable
June 30 to holders of record June 15.—V.
General
important
are
<
Net
Federal Judge Mandelbaum on June
June
on
15
reorganization
on
in
to
of
symbol
a
'
.
/.
;
1944
under
Income
Bankruptcy Referee Oscar ;Ehrhorti;ft He also directed
-the, trustee to. notify stockholders and .creditors,of'the action and' that
;before
Federal
981,606
1,866,421
Waukesha Motor
9 Mos. End.
♦Net
profit
•fEarnings
share.—
per
$595,789
■
$1.49
1942
$653,680
' $663,718
$1.63
v
"
"After"charges and Federal and State income taxes,
stock (par $5).—V. 159, p." 116.
•
Welsbach
Engineering
,called—
The
total'
due
Fidelity
delphia,
•,
,
A'
has. called
of
$12,000
1.
for
redemption
collateral -trustr$?e-
1953, tat 100
and
interest.
Philadelphia Trust Co„
Pa.—V. 157, p. 1278.
as
10-year
Payment
trustee,
.•
135
,
-
;
995,^00
demand
on
Cash
(restricted
U. S. Gov.
$0.70
-
Balance
$0.61
Sheet, March 31
expenditures
of July • l, 1944, a
sinking fund bonds
will be made at the
•
r
5,330,642
49,950
con-
securities at redemption value
•$Inventories
contracts—;—
war
receivable,
12,276,338 ♦24,564,380
76,677
146,829
trade.
•
11Amounts expended
Phila¬
$5,520,339
6,085,605
war
on
1943
$12,416,888
deposits____—
to
receivable,
♦Accounts and drafts
t
under war contracts
,
19,117,566
6,641,455
Sundry receivables and advances
:
Due
from
12.104,989
§6,478,371
457,960
officers".
415,066
835
5,379
Property, -plant hnd equipment (net)^..—7,200,342
.Deferred-charges
————548,497
7,245,217
•■•/:;'•,;
:v—
'^
Western Air Lines, Inc.—Acquisition—
•••
The
corporation has purchased Inland Air Lines,
■
it was announced
jon
.Other
assets
May 25.
Under an agreement negotiated last fall Western Air
'agreed to buy 137,241 shares of Inland at $2.65 a share, according
•to testimony ..presented at a Civil Aeronautics hearing in November,
:i943. •
/;
.;/••■. / /
./,
'
;/:. /;/■ -•■;,//
....
William A. Coulter, President of Western Air Lines, Inc., has been
elected President and Chairman of the board of Inland Air Lines,"and
Deo H. Dwerikotte, Paul E. Sullivan and J. J. Taylor have been elected
Accounts
directors "of the same,
Other
..
■
■
Western Auto
"
1944—Month—1943
$2,104,000
$2,321,000
1,728,000
1,711,000
i
Wholesale .sales
Combined
*
sales
— —
■;
$3,832,000
$8,036,000
$9,325,000
7,518,000
7,655;000
payable,
trade
payroll, taxes, etc.
on income)
$7,514,641
(other
Provision
for
current
for
Reserve
taxes
Federal
liabilities
time
war
on
and
surplus
3,481,451
$4,032,000 $15,554,000 $16i980,000
"
.^2:—.
4.750,016
2,601,920
2,097,488
9,469,932
9,233,343
1,271,300 Drl,729,160
1,558.368
stock. (Dr)__
UTreasury
14,553,061
8,697,068
Operating surplus
Net profit from profit and loss statement..
514,488
/
taxes—
;
'
—
♦After
deducting
in March.
$10,199
•^■'.iHUi! '•
•
l^White Rock Mineral Springs Co.—To Be Acquired—
§ After
V J.The
in
March,-1944
or
on
the
"
•
directors
have voted to submit to
A.
E.
stockholders
a
plan
for
of this company .by the National Distillers Products
Philips, President, stated that it is contemplated the
acquisition
Corp.
the
reserve
31,
per
share
holders of
Feb.
on
15
16, Nov. 15
,
1944—4 Mos.—1943 '
$7,132,936
$6,402,820
5,302/650
4,426,710
$691,484
$1,830,286
167,752
101,585
107,000
416,296
$1,306,990
Dr82,797
Rrl24,777
———
99,121
•
after
taxes_
$529,728
$422,147
equipment-^.—
jDrl7,067
Rr29,366
Br29,241
ry.
income
oper.
income
"of
1,347,948
439,713
$73,699,918 $64,353,521
a
cost
1944).
reserve of $179,745.
tAfter deducting reserve of
1944 and $7,413 in March, 1943.
fAfter deducting
$641,908
deducting
in
March,
of
reserve
and
basis
Dr3.309
$483,295
Cr5,841
(net)—_
$1,976,110
403,512
415,781
$1,156,817
Drll,674
Drll7,341
available
fixed
charges
tFixed charges '
Net
after
being
paid
'♦Includes
$489,137
'
prop,
.
•
$t043,770
40,377
46,770
$479,099
$383,104
$937,711
$997,000
;
of-defense
amortization
normal
$394,284- Cr$978,088
11,180
'
of
$1,027,802
Crl5,968
10,037
curr.)_
(in
Cr4,688
chgs,
Road
Equipment
$1,102,865
Dr124,777
$389,596
"
for
—
fixed
'
"H
./il
projects:
$2,657
$2,697
$11,170
$10,788
28,356
23,029
28,337
26,172
113,422
92,116
113,349
excess
deprec.)„„
deprec
tDoes not include
interest
48,200
plus
a
1944
and
■ $359,773.
in March,
fixed
fee
$501,073
1! Preferred
1943.
(less
in March,
1943.
shares of 42,100
ttReimbursable
reserve
of
$359,773
at
cost
March
being accrued
159,
on
(•
104,563
corporate books but not
7
1903.
p.
7 /
/
'
<F. W.) Woolworth Co,—May Sales Up 3.4%—
Period End. May 31—
Sales
—V.
—
——
159,
p.
1944—Month—1943
1944—5 Mos.—1943
$36,050,789 $34,858,574 $168,762,864 $165,682,112
../
2126.
Z. & F. Assets Realization Corp.—To Dissolve—
:
The trustees, as holders of all the issued stock of the corporation,
recently applied to the Supreme Court of the State of New York,
which has, after hearing, held that the trustees are authorized/ pur¬
suant to the trust agreement, to vote for the dissolution of the cor¬
poration., This has been done and the directors proposed forthwith to
bring a proceeding under Section 106 of the Stock Corporation Law
for the dissolution and winding np of the corporation and its affairs
under the provisions of such statute,
••••"■/'
.
Distribution
has
been
made
for the extent of 54'% of
certificates.
approximately
20 years and, other than cash on hand, the board of directors knows
of no source of recoveries; or of assets except the unpaid balance of
the Mixed Claims Commission award, it is officially announced.
A plan of complete liquidation has been prepared and adopted by
the trustees, as stockholders.
The New York Trust Co., 100 Broadway,
New York, N. Y., is agent in liquidation.
The corporation further announced as follows: "It is impossible at
this time to state the amount of any final distribution to be made
upon the outstanding participation certificates as a
result of these
dissolution proceedings.
It is estimated, however, that such distribu¬
tion as may be made, if any, will probably be between 1% and 3ft>
of the original ■■principal amount of the outstanding participation cer¬
tificates, without making any allowance for any further recovery on
the unpaid balance on the Mixed Claims Commission award.
"The value of the unpaid pprtion of the Mixed Claims Commission
award is highly problematical.
While certain funds are held in the
Treasury for payment of German and American awards, none of
these funds could be made available for any further payment on the
corporation's award without new legislation.
In the dissolution pro¬
ceedings it is proposed to .submit to the Court the question as to
the face
or
provided
of the B and C participation
amount
This liquidating corporation has been in operation for
whether
cash
the
to
as
claim
seek
the
to
to
sell
trustee
this; claim
at
highest bidder offers
The
Chase
as
;
cents
,
$628,849
revenues
income
Income
in
Total
1944,
20,434,616
1,955,760
2,196,758
—
.
2,922,047
25,007,252
13,061.873
income..—...
other contingencies
pfd. stock (par $10)
(par $1)—
$8,581,955
Fed¬
—.
convertible cumulative
Capital
than
;7—...
taxes
______
the company served 1,452 wholesale accounts,
against 1,503 a year earlier.
The number of retail stores operated
was unchanged at 239.—V.
159, p. 2018.
of-May 31,
'As
eral
Common stock
1944—5 Mos.—1943
$73,699,918 $64,353,521
...
LiabilitiesAccrued
Cft
Supply Co.—May Sales—
Period End. May 31—
Retail salfe
:
;
229,495
2,262,864
4,065,520
Total;——.——.—.——
,
company.—V. 159, p. ,2241.
10
15 to
this issue
15, May 15, June 15, Aug.
1944—Montn--1943
$1,913,641
$1,789,119
1,284,792 ' 1,097,635
1
$1,347,949
1944
Accounts
South Broad St.,
-
3,177,834
10,230,000
$1,558,369
(est.)
4,812,236
Cash
^ '
•;
corporation
of
Jan.
;
3,098,863
10,315,500
contingencies—
income
on
•'»Consolidated
'
Management Corp.—Bonds
&
and. other
(est.)
'
ton the 400,000
shares of capital
/
time
war
credit
Assets—
•
railway
Other
63,806
1,010,100
for
for FederaHtaxes
$1.66
April 30—
expenses
being paid currently.—V.
101,533
profit
Earnings per common share
1941
on
$14,064,165 $13,824,089
Net
1943
$572,965 i,
$1,43
1944
!
Prov.
Co.—Earnings—
April 30—
of
payable June
disbursed
.
of
$13,800,567 $13,597,851
263,598
226,238
deductions
Postwar
'<
L—
/___!_
Prov.
plans.suggested will be received at; that time.—V. 159, p. 2348.
:any new.
dividend
a
value,
was
Ry.—Earnings—
facility rents—
cost
i
—
income
Total
■
at
2349.
the usual quarterly dividend of $2 per
stock, par $100, payable July 1 to holders
15.—V. 159, p. 1903.
' ■
t,
taxes
Net
1943
and amortization^.—,,1^286,952
and administrative expenses—2,194,529
Other' income
be held
500
main¬
of the tough,
the company's
;———$96,465,201 $80,674,401
depreciation and
79,183,153
64,228,523
of
(exclusive
quality
1 directed reopening of hearings
for- this, corporation
plans
500
Kloeb
Judge
declared
Hire
Road
.
p.
held before
be
preferred
Joint
every
receivable
contracts
Operating profit
Warner Sugar Corp.—Reorganization Hearing—
.
159,
declared
7
revenues
Net
the
Depreciation
•>;./••■
-
Income
amounts
fee
sales
is
ft
amortization)
•/
159, p. 2017.
and
fixed
of
Cost
organization, its produc¬
fighting front in this global
.
-ft" ;
.'/ft;...
-:'/
•■..
Account (Including Subs.)
on
•'■'■.■•■/'./
•
is
assets
which
6 Months Ended.March 31—
share
June
stock, no par
A like amount
also
June
Period End.
♦Total
its competitive position.
.greatest
Consolidated
dividend of
the
in
producer of armaments and motor vehicles for our
told stockhoders, "Willys-Overland has made rapid
indestructible
contribution
on" June
directors
serving
are
he
our
Walworth Co.—Dividends Declared—
The
who
development of its engineering
'know-how'
and other qualities which
war."
-
those employees
will
order
15.—V.
June
the 8ft>
record
Total
the
taining successfully
r-V. 159, p. 2017.
payrolls
above
forces."
armed
/
the
500
989
Wisconsin Central
Federal
tion
Sales
negligible in volume.
500
980
last, and on Feb.
1943.
'
directors
on
Other
returning; to
armed
1944—Month—1943
1944 -5 Mos.—1943
$9,252,873 $47,637,728 $44,579,620
$9,579,791
May 31—
been
556
on
common
aS
-V/ft--;./..:VV
Walgreen Co.-^May Sales Increased 3.5 % — // v ;
Period End.
directors
the
victory has been, won, the company will turn as speedily
as
possibly to resumption of civilian production," Mr. Canaday con¬
tinued, "for one of our primary concerns will be to provide continued
employment for as many of our present employees as we can, as well
•Interest, plus a premium of Vs of 1% of such principal for each year
br major fraction thereof by which the maturity, date of any note so
'to be redeemed is anticipated or accelerated by the call for the re¬
demption of 'such note.
Payment will be made at the Union Trust
Co. of Pittsburgh, trustee, Pittsburgh,
Pa., or, at the option of the
.bolder thereof, at the Guaranty Trust Co., 140 Broadway, New York,
,
have
500
1,000
on
record June 9.
of
"When
470
Will & Baumer Candle Co., Inc.—10-Cent Com. Div.—
The
on
the period ahead, Mr. Canaday said the present outlook
points to continued high volume of operations.
The backlog of orders
in some departments
has increased materially, he said, while con-
1944, all of
500
1,000
the
on
share
geared
$500
297
1,000
and May 15,
and Dec.
JO.
been
Amount
239
1,000
A
the company has averaged 1,000,000
forgings a month while at the same
aircraft
requirements of
the Corsair fighter
D
1012
operations, he said,
sub-assembly workntor aircraft manufacturers could be handled,
Virginian Corp.—To Retire Notes—
No.
Amount
1267
showed.
report
United
had
outstanding $1,400,000 collateral trust 5% serial notes, series "I"
and "J," due Jan. 1, 1948, and Jan. 1, 1949, respectively, at 100 and
•i
No.
supervised
the
the
involving 25,000 different parts, is one of the most com¬
plicated operations in the aircraft field, he pointed out.
Toward
the close of the six months' period, he said, the company's facilities
Its
X Y.—V. 152, p. 3516.
Amount
$1,000
1,000
of
governments
Discussing
corporation has called for redemption as of July 6,
■
..
No.
M
9322
other
to
section,
r-V, 159. p. 2348.
(The)
the following numbered Willys-Overland Co. lO^-year Oft(addresses of present owners unknown) have been notified
advertisement of an order issued on May il by Judge Frank L.
M 9321
wing
'
The
Undeposited 6% Bonds—
of
1,000
and
for
gold bonds
Army
Government
for
called
1944."
1,
$1,000
the
drawn
.
643
to
shares
this certificate have been
On the certificates representing the remaining 18,950 shares—
"The shares represented by this certificate have been condiitonally
called for redemption on Aug, 1, 1944."
the
to
159, p. 1489.
Aug.
130,226
,
by
4
In
$3,754,879
1,171,602
requirements...
to
first
Treasurer—
represented
on
the
representing
the
2.
fixed-price
pounds of aluminum
time meeting urgent
$5,578,366
1,823,488
$388,340
'
__
Preferred
Assistant
said the half-year period was. marked in the com¬
pany's automotive division by production of the 200,000th military
•"Jeep."
In ammunition manufacture, he said, recognition was given
to
the
many
technological
advances
pioneered
by
engineers and
production men of Willys-Overland, one .of America's largest producers
of 155 mm. shells, in the form of orders to produce for an indefinite
time to the limit of its capacity various types of these shells.
$5,805,668
Dr227,302
$518,499
ainorl
district
reports
on
tracts
5,903,000
2,416,009
$537,126
Balance
Interest
6,773,641
2,673,070
4,200
of
and Navy requirements, Ward M, Canaday,
stockholders.
Contracts plus fees on cost-plus-fixed-fee con¬
$96,465,201—99.6%
of which constituted materials de¬
fields
President,
Mr.
207,708
(net)
position
Company delivered in the half-year ended March 31, 1944, approxi¬
mately $112,000,000 worth of war products, a gain of 31%, to/increase
its wartime service to the nation as a leading manufacturer in three
1943—12 Mos.—1942
569,100
$532,926
revenues..
income
the
by
shares
redemption
previously Vice-President and General Superintendent
was
Vice-President.—V.
Nations,
223,491.
Net oper.
r;
certificates
production under cost-plus contracts totaling approximately $15,000,000.
529,698
income)—
$5.43
by
$2,714,730 $33,441,089 $29,712,116
956,805
12,398,691
10,575,892
207,78f.
2,409,244
2.286,843
234,258
2,820.347
2,724,704
$2,912,759
revenues
On
redemption
17,402,625
$7.11
Willys-Overland Motors, Inc.—Semi-Annual Report—
Virginia Electric & Power Co.—Earnings—
/•Operation :
"Maintenance
in
to
Bussmann
G.
Buffalo
livered
1943—Month—1942
22,798,980
the promotion of R. T. Dunlap
Charge of Production and the
announced
Vice-President
of
A.
Dunlap
the
of
secondary offering of 12,000 shares of capital stock (par
$5) was made June 7 by F.^E. Eberstadt & Co. at $23
per share.
Dealers discount 75 cents per share.—V. 159,
p. 2017.
'
Period End. Dec, 31—
$1.43
President,
position
Executive
Distribution—A
Works—Secondary
4,160,438
$1.30
4,604.118
Holder,
the
Mr.
payable June 26 to holders of record June 19.
This compares with $8
.per share paid on Dec. 23, last year, and $6 per share on Dec. 24,
1942.—V. 158', p. 779.
..
6,452,832
President.
per
$6
6,944,011
Wickwire Spencer Steel Co.—Promotions—
E.
to
mulations
1,505,322
1,687,961
•
income
advance
dividend of $3
1.
post-war
♦After
provision for rengotiation of war contract prices,
tAfter
giving effect to participating provisions of the shares, based on 79,974
shares
of
7%
preferred
and
3,126,581
common
shares.—V.
159,
pp. 2018, 2241.
-
a
United Stores Corp.—$3 Preferred Dividend—
',••.. A
3,928,094
The
"The
2239.
p.
./
17,679,532
Cr6,175,925
contingencies
subsidiary, has contracted to acquire
the Witte Engine Works at Kansas City, Mo.
The latter concern will
.continue the manufacture of small gas, gasoline and Diesel engines
lor general use.
The acquisitioh will provide Oil Well Supply with a
line of
Diesel
and other engines for oil well
pumping and other
applications
in
industrial,
agricultural and other, fields.—V.
159,
Oil
22/433,313
4,401,910
company has made arrangements so that on and after June 2,
the transfer agents (The Toledo Trust Co., Toledo, Ohio, and
Chemical Bank & Trust Co,, New York,, N. Y.) would place
notations on certificates of preferred stock issued on transfers as
follows:'; /.''••'
1944,
»
ex¬
tEarn, per com. shr—
United States Steel Corp.—Subsidiary Expands—
''The
Provision for
in
'
.
profits
cess
John
:
tax-— Crl.890,169 Crl,737,666 Cr7,309,678
Post-war refund of
trustee,
reorganization
W. Clancy recently appointed George Kossog as
-attorney to represent in reorganization proceedings all creditors and
Stockholders
who
are
in
the
armed services.
The trustee,
in his
Judge
postadjustments.
pursuant
to
an
National
public auction
to
Bank
appropriate
for such amount
therefor, or to transfer
City of New. York, as
agreement, to laold such
pay
of
trust
the
unpaid
claim for the benefit of holders of participation certificates
against the eventuality of some payment being made, on/account, of this
unpaid balance within some limited time in the future,
this latter
alternative
and
would
of
course
contingencies of such
tion."—V.
158, p. 1580.
involve
trust
making provision
from
cash
now
held
for
by
the
tile
expense
corpora¬
.
THE COMMERCIAL & FINANCIAL
2460
CHRONICLE
r
estate and City Department
Monday, June 12, 1944
r
;•/
BOND PROPOSALS AND NEGOTIATIONS
Arkansas
Bond
A.
Storey,
Jr.,
issue
an
of
$31,000 road im¬
White
Bond
Sale
—
State
County, Watson Chapel
20 (P. O.
Pine Bluff), Ark.
Jefferson
School District No.
Call—The District
Bond
Presi¬
notifying bondholders that
for payment
dent is
the district is calling
interest on
which date in¬
ceases, all outstanding re¬
funding bonds Nos. 11 to 48, to¬
taling $33,500. The bonds are to
be
presented with the July 1,
1944, and subsequent coupons at¬
tached for payment to the Sim¬
mons
National Bank, Pine Bluff,
at
accrued
and
par
July
1944,
1,
Hall, III.
The $4,000 street
after
or
reserved
is
bids.
No
Plum
called.
Bayou Levee District (P. O.
England), Ark.
Bond
Offering —J. R. Alexan¬
der, President of Board of Direc¬
tors, will receive sealed bids un¬
til 10 a.m. on July 11 for the pur¬
chase of
Due
$150,000 refunding bonds.
in 1 to 10 years.
serially
used to retire a
Proceeds will be
of
amount
like
June
1, 1945.
maturing
bonds
.yy,
,
4%y.yy;.;y,
CALIFORNIA
Lake wood
District
School
(P.
O.
Bellflowerj, Calif.
the
voters
approved the is¬
building
bonds, it is stated in the Los An¬
suance
of $225,000 school
geles "Times" of May 28..,.
San Francisco,
ex¬
for
30, 1939. Said bonds will
making the exchange. The city de¬
cided on immediate acceptance of
FLORIDA
be redeemed at the Citizens State
Bank, Rising Sun.
in order to get it
form before August
the arrangement
Cocoa, Fla.
Bond
Sale
—
The
$820,000
in
re¬
for
sale
on
June 6—v.
increased
been
159,
on
the
IOWA
Bond
dicate
York.
Ripley, and Baker & Co., both of
The
syndicate
consists of
York, R. S. Dickson & Co., of Thomas M. Cook & Company, Sul¬
Charlotte, and Fox, Reusch & Co.,
livan, Nelson & Goss, Emerson C.
of Cincinnati, as 3s.
Dated July Cook &
Co., and Truman A. Lif1, 1944. Denomination $1,000. Due sey Co., all of West Palm Beach;
July 1, as follows: $11,0.00 in 1945 B. J. Van Ingen & Co., Inc., New
to 1947, $12,000 in 1948 and 1949,
York City; John Nuveen & Co.,
$13,000 in 1950 to 1952, $14,000 in Chicago; Churchill, Sims & Com¬
1953 and 1954, $15,000 in 1955 to
New
pany,
$16,000 in 1958 and 1959,
$17,000 in 1960 and 1961, $18,000
in 1962 and 1963, $19,000 in 1964,
1957,
New
Wheeler
,
York
&
City;
will
Clerk,
7:30
until
urer's
otfice.
p.m.,
Enclose
check for 3%.
Bond
Leedy,
Orlando;
Company,
Nels Hansen,
—
certified
\4yv
Call—C.
calls
Treasurer,
a
W.
Clyde C. Pierce Corporation, July 1, 1944, $19,000 refunding
bonds Nos. 21 to 39, part of an
Jacksonville; Stranahan, Harris &
$20,000 in 1965 and 1966, $21,000 Company, Toledo; C. S. Ashmun issue of $39,000, dated July 1, 1939,
in 1967 and 1968, $22,000 in 1969,
in denomination of $1,000.
&
Co., Minneapolis; Shields &
$23,000 in 1970 and 1971, $24,000
Company, New York City; Com¬
Iowa Falls, Iowa
in 1972, $25^000 in 1973, $26,000 in
merce Union Bank, Nashville; McTo
Issue
Bonds
The
City
1974 and 1975, $25,000 in 1976, and
Dougal & Condon, Inc., Chigpgo; Council will meet on June 12 to
$254,000 in 1977.
Municipal Bond & Investment Co., institute proceedings to issue $12,% Fort Pierce Port District, Fla.
Memphis; Cohu & Torrey, New 000 sewer fund refunding bonds.
Bonds Available For Exchange York
City;, Allen & Company,
Bondholders are advised that New York City;: Atwill. & Co.,
—
Miami Beach.
refunding bonds of 1944 are now
Calif.
deposit with the Atlantic Na¬
Transportation Consolidation tional Bank of West Palm Beach,
Approved—The
voters
recently and Thomas M. Cook & Company,
approved a proposal to purchase refunding agents, are prepared to
the privately-owned Market Street make
exchanges
for a limited
Railway system which will be time. Any bondholder interested
consolidated with the municipally- in exchanging present bonds for
v" V"- 'v
%
^>4 /■> KENTUCKY
Bell County
(P. O. Pineville), Ky.
Bond Call—J. E. Luckett, State
on
*•'
ILLINOIS
Local Finance
Chadwick, III.
Bond Election—An
election has
been called for June 22 to submit
to
the
voters
an
issue
of $14,000
water works improvement bonds.
On the new issue .areto write to
Charleston, III.
five,previous occasions4n*the last Thomas M. Cook & Co., for further
Bonds Voted—Thomas E. Wal¬
five yettrsy voterstdefeated similar details.
:
'
ton, City Clerk, reports that at
proposals, the International City
Holly Hill, Fla.
the election held recently, an is¬
Managers Association reports.
Refunding Approved — The sue
of
$100,000
water
system
Cost of municipal acquisition will
Town Council has voted to re¬ bonds was voted. The bonds were
be about $7,500,000 with the city
fund its $286,000 refunding bonds sold prior to the election.
making a down payment of $3,of 1936 at a flat interest rate of
000,000 from surplus municipal
Cook County (P. O. Chicago), III.
~3y2% instead of the graduated
street
owned transportation system.
Officer, reports that
County 4%% and 5% road and
bridge refunding, Series B, bonds
Nos. 5 to 7, are called for payment
on
July 1, 1944, at the Security
Trust Co., Lexington. Dated July
1, 1941.' Interest .ceases oh date
caned,
railway funds and the
No Tenders Received—Victor L.
re¬
Butler County
be
Craig,
Polk
Colo.
urer
calls for payment on June 15,
1944,
extension warrants
Nos. 13 and 14, issue of June, 1937.
water
New Britain, Conn.
Bond Offering—Sealed bids will
received
until
June 14, by W. H.
11:30
a.m.
on
Judd, President
of the Board of Finance and Tax¬
►
ation, for the purchase of $100,000
fund, 18th series,f second
sewer
issue
coupon
1936,i
ing, Series A and B bonds of
no tenders ,were offered.
.
Refunding Approved—The Cir-j Cock
County, Schiller Park School
District No. 81 (P.O. Schiller
;
to Polk County to issue-refunding
v'- >':
Park), III. '
,'0;
bonds for Districts Nos. 3, 9, 10,
Bond Call
Sivert Stolen,
12, 13 and 19, according to press School Treasurer, calls for pay¬
reports.1 The new bonds will be ment on
July 1, 1944 $5,000 6%
dated July 1, 1944, and will be in
refunding;-'bonds Nos. 9 to 13.
amounts'varying from $13,000 to Dated
July 'l, 1938. Denomination
$30,000. The new bonds are to be $1,000. Due July
1, 1958." Said
issued to refund outstanding obli¬
bonds will be paid at any time on
gations and are expected to be or after
July 1, 1944, on presen¬
sold publicly.
tation to the Northern Trust
cuit Court has granted permission
bonds. Denomination
SI,000. Dated July 1, 1944. Due
$10,000 from July 1, 1946, to 1955.
(P. O. Morgantown),
Ky.
J. Moore,
Finance Officer, re¬
State
Chicago,
f
—
and
all
with
the
subsequent
July
1,
;
signed, May 25, tached.
Bidders tp name one rate of in¬ between the City Commission and
Littleton Township (P. O. Little¬
terest in a multiple of one-tenth a syndicate headed by Thomas M.
ton), III.
cr y4 of 1%.
Principal and inter¬ Cook & Co., both of West Palm
Bonds Voted—At a resent elec¬
est payable at the First National Beach, providing for the refund¬
Bank of Boston, or at the New ing of $9,400,000 outstanding in¬ tion an issue of $12,000 road im¬
Britain
National
Bank.
These debtedness of the city." One-half provement bonds was voted.
An agreement was
Local
(CWT)
on
Aug. 5 of 3% funding bonds,
dated July 1, 1940, at a price of
less than par and accrued interest,
bf
valid general obli¬
gation'bf.tfye.dity, and all taxable
of the
new
issue will mature seri¬
ally from 1945 to 1973, bearing in¬
property in the city will be sub-, terest at 3 !-2 % for the first six
ject to the levy of unlimited ad years and 3% for 23 years, ac-
Cincinnati, ; is offering
000 31/4 %
Rantoul
Township (P. O. Rantoui), III.
Election Held—An election
held recently to
was
submit to the vot¬
to
and
4
7
to
bonds, except bonds numbered 10,
II, and 12, dated Jan. 1, 1942, ma¬
turing Jan. 1, 1945, of an issue of
$65,000.
%
Said bonds are payable at the
First National Bank, of Cincin¬
nati, at a price per bond equal to
the principal amount thereof and
thereon
accrued
to
date
plus a premium of equiv^
alent to 3% of the face amount;
Interest
ceases
Middletown
date called.
on
Water
District, Ky.
Lloyd W. Gates,
Chairman Board of Water Com¬
Bond
Call
—
missioners, calls for payment on
July 1, 1944, at par and accrued
interest, plus a premium of 3% of
the
amount. of
face
works
water
said
system
bonds^
revenue
-
12, and 15 to 30,
amount of $25,0004 Said
should ; be presented for
payment at the Bank of Middle*
the
in
bonds
;
town; Middletown. Interest ceases
date called."
on
'
''..
\
LOUISIANA
4; 44
4
."4 y New Orleans, La.
Proposes Debt Program—W.
G
v.,
J,
Secretary-Treasurer
Commission4,
reports that a joint resolution has
e r m a n
n,
Public Belt Railroad
been introduced in the House and
Senate
proposing
Section
to
the
Constitution
State
thereto
upon
XIV
of
by adding
provisions for the issu¬
any time by the city,
at
ance
amendment
an
Article
of
28
recommendation of the Pub¬
Railroad Commission, of
Belt
lic
Public Belt Fund bonds and notes,
the
any
to be outstanding at
time not to exceed $900,000.
provided That not more than
amount
may be borrowed
calendar year.
$150,000,
one
in any
MASSACHUSETTS
Boston, Mass.
/
offered
for
awarded
at
of
sale
the later ma¬
turities.
Denomination
$1,000.
Dated May L.1944. Due on May 1
as follows: $6,000 in,>1946 to; 1951;
$8,000 in 1952 to 1954, and<$9,000
in 1955 to 1964, all inclusive. Prin¬
cipal and interest (M-N). payable
at the office of the County Treas¬
ities up to
104%
$.49% discount, plus
$80; Other bidders
were
a
premium
First
were:
Oorpj.yand Chemical Bank
& Trust' Ca.v>New York, jointly,
at 0.52% discount, plus a premium
of $23; Cha^e National Bank, New
York; Salomon Bros. & Hutzler,
and R. W. Pressprieh & Co., joint¬
ly, at 0.60% discount, plus a pre¬
mium of $66. Dated June 9, 1944.
Due on Nov. 3, 1944.
Notes Offered for Investment—
price to yield 0.40% maturity,
Harlan.,
Callable
'Note
offered
inter¬
date in
Sale—The
for
sale
$500,000
notes
June
were
on
8
awarded to the National Shawmut
Bank of Boston at 0.64% discount.
Dated June 8, 1944.
$25,Q00,- $10,000
Denomination
and
$5,000.
Due
Nov.; 29, 1944. Other bidders were:
at the
on any
M/vo^
h*>!cPi<y
I
on
inverse numerical or¬
30 ; days published no¬
tice at 103 and interest on or be¬
fore Nov. 1, 1948; 102 and inter¬
est on or before Nov. 1, 1953; 101
Discount
,0.49 r.b
0.497
0.517 :
Bidder;'—
First. Boston
Arthur
First
Corp.. (plus $6)&
Perry
National
Co.———
Bank, Boston
upon
and interest on or before
1958
and
at
par
and
Nov. 1,
interest
thereafter.
Bond
Officer, reports that
County road and bridge refunding
bonds Nos. 47 to 51, 66 and 67, and
to
MICHIGAN
Adrian, Mich.
Bond
annual
fered
-
$125,000 semi¬
revenue bonds of¬
Sale—The
water
for
sale
on
June
5—v.
159,
2130—were awarded... to the
First of Michigan Corp. of Detroit,
p.
Call—J. E. Luckett, State
Local Finance
73
6
The purchaser reoffered the above
gen¬ "notes for
public. subscription at a
(Wallins School), bonds fbr.
investment', at prices ' ranging
earliest matur¬
.in
June
on
toMalsey, Stuart & Co.
Boston
$150,-
from 103 V4 for the
urer
V
Note Sale—The $5,000,000 notes
school building revenue
eral
.
bond^willbe'
1
numbered
those
42, of an issue of $42,000, datecj
Jan. 1, 1942.
;'4
Water
works, all outstanding
sealed tenders until 1 p.m.
1944; est
atJ der
coupons
y
Jessie Horn, City
—
I, 4944, the following 4% refund¬
ing bonds:
/y
y ;:';4
Sewer, all outstanding bonds of
ports that the County will receive
Co.,; option of the County
West Palm Beach, Fla.
Refunding Agreement Signed
y,yu
.
Clerk, calls for payment on July
'
—^
CONNECTICUT
be
County Special Road and
Bridge Districts, Fla.
Warrant Call—The Town Treas¬
%
Ky.
Tenders Wanted—W.
rates of from 3V2 to 5% on the
paid out of oper¬
present bonds, according to re¬ Schlaeger, County Treasurer, re¬
ating revenues
of the Market
ports that, in connection with,the,
Street unit. It is planned to raise port. The new bonds will be seri¬
in the maximum amount of ap¬
als with maturity dates starting recent call for tenders of .refund¬
fares from 5 to 7 cents, to adopt
proximately $3,000.
tiext February and $50,000 will be ing Series A and B bonds of 1936,
a
one-fare consolidated transfer
callable.
Council members esti¬ no tenders were received. %%
1 Harlan County (P. O. Harlan), Ky.
system and to increase frequency
Bonds Offered to Public — A
mated the
new
prdgram would Cook
of street cars 12% and bus service
County Forest Preserve Dis¬
save the town $100,000 in interest
group composed of F. L. Durpee
20%. The city will blanket into
trict, III.
&
Co.
of Harlan,
the Bankers
civil service 2,286 employees of charges. Leedy-Wheeler & Co., of
No Tenders Offered—William J.
Orlando, and the Ranson-DavidBond
Co., and
Stein Bros.
&
the Market Street line.
Gormley, District Treasurer, re¬
son Co., Inc., of New York, are the
Boyce, both of Louisville, and
ports that, in connection with the
refunding agents.
COLORADO
:
:
& Heimerdinger
recent call for tenders of refund¬ Walter, Woody
to
Call
Bond
It is
.
mainder
Hazard,
bonds Nos. 4 to
Gould, City
payment on
for
Interest shall
1, 1942.
date called.
on
called
:
receive sealed
on June1 12
for the purchase of $19,000 re¬
funding bonds. Dated July 1, 1944.
Denomination $1,000. Due July 1,
as follows: $4,000 in 1945, and $5,~
000 in 1946 to 1948. Principal and
interest payable at the City Treas¬
City
bids
■
Offering
cease
interest
Council Bluffs, Iowa
old bonds.
Attorneys working with the city
are Masslich and Mitchell, of New
2242—were awarded to a syn¬
composed of Heinzelman &
p.
J*
when the interest rate would have
funding, Issue of 1944, bonds of¬
fered
working
—
Bonds Voted—At a recent elec¬
tion
not
to
bids
on
date
bonds
any
The right
Rising Sun, Ind.
reject any' or allj changed will, be bought by the
Bond Call —J. M. Green, City
less than par syndicate, which guarantees the'
Clerk-Tfeasurer,
calls
for
re¬
and accrued interest to date of de¬ city par and accrued interest.
demption on July 1, 1944, electric
No fees are being charged the
livery will be considered. Bonds
and water utility revenue bonds,
will be delivered to the purchaser city. The profit margin being in Nos. 137 to
155, issued under date
the fee charged bondholders for
on
or about
July 3.
of June
will not be considered.
terest
on
contract
the
July 1, 1944, at the Fidelity &
Trust
Co., Louisville,
Dated Jan.
Refunding
improvement bonds offered for
Department, reports that in con¬
sale on June 6 were awarded to
nection with the call^for tenders
the White
Hall National Bank,
recently of road district refunding
paying a price of par. Dated May
series B bonds, that of the $75,718
1, 1944. Denomination $500. Due
par value bonds tenders $69,446 chaser. Telephoned bids, without interest rate on the old bonds
Dec. 15; 1945.
vyy%ywyyV
were
purchased for $67,063 at a confirmation by telegram received was 4.12% and under the new re¬
price of 96.63,
INDIANA
prior to 11:30 a.m., on sale date, funding plan will be 3.2%. Under
Superintendent
ion
Columbia
provement bonds.
cipal and
(State of)
Sale—F.
ers
to pay both prin¬ I cording to report. The other half
interest. They will be 'of the new issue will be callable
engraved under the supervision of term bonds bearing interest at
and authenticated as to genuine¬ 3%% for the first six years and
3%% for 29 years. The city has the
ness by the First National,Bank of
Boston; their legality will be ap¬ option of calling all or any part of
the term bonds begining in 1950.
proved by Storey, Thorndike, Pal¬
mer
& Dodge of Boston, whose The city also may buy, bonds in
the open market.
Average bond
opinion will be furnished the pur¬
taxes
valorem
ARKANSAS
;
75, are called for payment
paying
a
price pf ,100,035,; ^net
interest cost of
vided
bonds
about'0,915%,'di¬
For, .$30,0.00
maturing $1.5,000 on June 1,
as
follows;
Dec.
date J-D.
Block
bonds mature as set forth
above, with the option of redemp¬
tion prior to.maturity, of bonds
maturing on or after June 1, 1950,
on
any interest date on or after
June 1, 1949, at par plus accrued
interest, in inverse numerical or¬
der: Registerable as to principal
.". ..;,
■
..
8, at
be
Offering
—
received
until
Sealed
8:30
p.m,
entire issue of bonds is called.
(EWT), on June 13, by W. L. Best,
Borough Clerk, for the purchase
of $15,000 coupon or registered
102.00:
rev¬
To
the
1, 1940,
bids maturing July 1,1945 to 1958. The
First
National
<.
of
Bank
Memphis, and Associates
Lot No. 1, at 106.99:
$500,000 Mobile, Ala. 3V2%
gen¬
eral refunding bonds.
Dated
Dec. 1, 1940 and due Jan. 1,
1953 to 1957.
NEW YORK
To Phelps, Fenn
&
Co., and
Associates
Lot No. 2, at 122.28:
$229,000
Little
Rock,
sewer revenue
Ark.,
bonds.
4%
•
Dated
Dec.
1, 1935 and due Dec. 1,
as follows: $5,000 in 1954 and
1955, $10,000 in 1958, $15,000
in 1949, $40,000 in 1960. $45,000 in 1961 to 1963, and $19,-
,
■
'only,
Bond
extension
sewer
bonds, dated July
enue
Westwood, N. J.,
will
and
water
2461
15,000 City of Cozad 3% refund¬
ing
electric
light
revenue
Buffalo, N. V.
bonds. Dated
Certificate Sale—The following
May 1, 1940. sewer bonds. Interest rate is not
Due Nov. 1, 1949. All optional to exceed 6%, payable J.-J. De¬ $3,175,000 tax anticipation certi¬
on
Dated July 1, ficates of indebtedness offered for
any interest date on
or nomination $500.
Due $1,500 from July
after. May 1, 1945.
1, sale on June 6—v. 159, p. 2356—
Interest 1944.
1945 to 1954. Rate of interest to were awarded-jointly to the Na¬
date M-N.
•
be "in multiples of V4 or one-tenth tional City Bank of New York,
Block 34, at 111.25:
of 1%, and must be the same for and the Manufacturers and Trad¬
18,000 Pierce County School Dis-; all of the bonds.
Principal and ers.Trust Co., of Buffalo, at 0;48%
triqt No. 5 (Plainview) 5% interest
payable at the First Na¬ discount, plus a premium of $51:
school bonds.
Dated Jan. 1,
tional Bank, Westwood. General
$600,000 Series 1939-1940
1925. Due Jan. 1, as follows:
obligations of the Borough pay¬
600,000 Series 1940-1941
$3,000 in 1945, $3,000 in 1946, able from unlimited ad valorem'
625,000 Series 1941-1942
$3,000 in 1947, $3,000 in 1948, taxes. No
proposal will be con¬
650,000 Series 1942-1943
$3,000 in 1949, $3,000 in 1950; sidered for bonds at a rate
higher
700,000 Series 1943-1944
non-optional.
Interest
date
100.194.
The
NEW JERSEY
building bonds. Dated
1, 1938. Due Dec. 1, 1958;
optional Dec. 1, 1948. Interest
3%%
1946 and 1947, as 2s, and $95,000
maturing on June 1, $15,000 in
1948 to 1952, and $20,000 in 1953,
as 3/4s, to call date, and 3s there¬
after.
Dated June 1, 1944.
The
next highest bidder was:
John
Nuveen & Co., for $60,000 Is and
$65,000 lV2s. Offering a price of
;■
THE COMMERCIAL & FINANCIAL CHRONICLE
1
Number' 4289
^Volume 159
1
000 in 1965.
'
Detroit, Mich.
Offering—C
Oakman, Secretary
Trustees Retirement
ports that the Board
Bond
\
h
a r
1
e s
Q.
Board of
J-J.
System, re¬
"yt.
will receive
To the Wachob-Bender Corp.,
sealed bids until 10:30 a.m. (EWT)
of Omaha
on June
19 for the purchase of
Block 4, at 100.60:
all or none of the" $847,000 reg¬
$150,000 City of Broken Bow
istered various issues of bonds,
1xk% refunding bonds. Dated
ihaturing from 1951 to 1954. They
March 1, 1942. Due June 1,
are all registered and will be de¬
as
follows:
$6,000 in 1958,
.
livered to the
purchaser in that
$11,000 in 1959, $11,000 in
1960, $11,000 in 1961, and
$111,000 in 1962. All optional
on
any interest date on or*
form only. Awards will be made
on
the basis of the highest net
'yield to the retirement fund.:
District
Lake Township School
No. 2,-Mich.
:
after
June
date J-D.
.
1,
1947.
.
,
...
Wanted
Tenders
—
William
22,000
Dakota
County
3Vz%
funding bonds. Dated Nov. 1,
1939. Due $3,000 Nov. 1, 1944
and 1945, and $4,000 Nov. 1,
1946
to
1949; non-optional.
(EWT) on
June 14 of 1937 certificates of in¬
•
debtedness dated Oct. 1,
.
1937. - The
amount on hand in the sinking
fund for the retirement* of 1937
^certificates of indebtedness is
.approximately
$8,600. * Tenders
Should fully describe the securi¬
ties offered, including serial num¬
bers, their par value," and the
amount for which they will be
sold to the district
Education
Block 16, at 120.555:
9,000 Village of Gretna 5% % re¬
funding bonds. Dated Dec. 15,
1932. Due Dec. 15, 1952; op¬
tional $1,500 Dec. 15, 1948 to
1951.
the
•
'
water extension bonds. Dated
arid to purchase additional certifi¬
cates
sufficient to exhaust the
July
1, 1940.
Due July 1,
1960; optional July 11, 1950.
Interest date July 1.
*
of
available for
these purposes on June 14, 1944.
Offerings should be firm for two
days,
i,
money
To Robert E. Schweser Co.,
Block 15, at
$12,000
Kansas City, Mo*
,
•—Dissolution of the law firm of,
1
Fizzell
Bowersock,
prominently identified as munici¬
pal bond attorneys, became effec¬
tive on June 1. Robert B. Fizzell
1
A-O.
senior
become
will
partner of
Messrs. Stinson, Mag; Thomson,
McEvers & Fizzell, with offices in
the First National Bank Building,
Kansas City, where/he" will con¬
tinue to specialize imithe exami¬
nation of bond-issuer* transcripts
and practice of geheralilaw.
Block 17, at
110.29:
County
School
District No. 18 (Mascot) 3V2%
funding bonds. Dated Jan. 1,
1942. Due Jan. 1, as follows:
$400 in 1956, and $1,000 in
195? to 1962. All optional Jan.
1,1952, or anytime thereafter.
16,400
MONTAN/ir'
'
wood), Mont.
Proposed Bond Election—Peti¬
tions are in circulation calling for
an election to submit to the voters
an
issue of $60,000 construction
bonds in connection with a post-,
program.
Nebraska (State
fered
for
by the
interest
sold to
then
the
said
bidder
* -
Board of
Educational Lands and Funds .on
May 22, blocks aggregating $289,000 were sold as follows.
The
balance of the bonds were re-of-;
bidders
or
offering to pay therefor the high¬
est additional price, which price
shall not exceed by more than
$1,000 the par value of the bonds
hereby offered for sale.In addi¬
tion to the price bid the purchaser
must pay accrued interest at the
rate borne by the bonds from the
date
of the bonds to the
date of
payment of the purchase price.
Proposals are desired on forms
which shall be furnished by the1
Borough. The bgnds will be de¬
livered on July 1, 1944, or as soon
thereafter as they may be pre¬
pared. In the event that prior to
the delivery of the bonds the in¬
come received by private holders
from bonds of the same type and
character shall be taxable by the
terms of any Federal income tax
law hereafter enacted, the suc¬
cessful bidder may, at his elec¬
tion, be relieved of his obligations
under the contract to purchase the
in
such
case
the
de¬
Village
of
5,000
of
school building bonds of¬
on June 5—v. 159,
2021—were awarded jointly to
Hay
000
Benkelman:
Block 1, at 117,14:
To the Village of
Hay
4%
Interest date M-N.
June
1, 1947 to 1955, as
1.30s, and $248,000 maturing on
June 1: $28,000 in 1956 to 1963,
and
$24,000 in 1964, as 1.15s.
Dated June 15, 1944.
The next
highest bidder was Phelps, Fenn
& Co., Mercantile-Commerce Bank
& Trust Co., of St. Louis, Durand
& Co., and Peters, Writer & Ch'ristensen, jointly, for $500,000 iy4s,
at a price of 100.19, a net interest
on
$7,000 Village of Benkelman 5%
refunding bonds. Dated'June'
To the National Co.. of Omaha:
1, 1930. Due June 1, 1950 and'
Block 21, at 111. 875:
optional $2,000 on June 1, $8,000 Lincoln County School Dis¬
1948 and 1949.
Interest date
trict No, 65 (Wallace) 3V2%.
cost of about 1.23%.
Jiihe 1.'"i*
■
'
'
•
,^0 flG^ieh^ay
M; Blopk
school bonds. Dated April 15,
1941. Due April 15, as follows:
,
% 'Co., of Omaha
110.50: •
$16^00 Boone County School Dis'
^trlct 'Nb." 6 (Cedar Rapids)
$1,000 in 1954 to 1961; option¬
al April
•
A-O.
15,1951. Interest date
:
r
,
Rock,
Ark.,
bonds.
4%
Dated
Trust
$28,000 in 1957, $2,000 in 1958,
$25,000 in 1960, $7,000 in 1961,
$10,000 in 1962, $8,000 in 1966,
$45,000 in 1967, $57,000 in
1970,'$35,000 in 1971, $94,000
in 1972, $50,000 in 1973, $36,000 in 1974, and $38,000 in
Bros.- &
mon
0.52%
Bond
Offering
-—
William
J.
Neely, Village Clerk,, will receive
sealed bids until 10 a.m. (EWT),
on June
20, for the purchase of
$25,000 not to exceed 6% coupon
or
registered semi-annual street
improvement bonds. Dated July
1, 1944. Denomination $1,000. Due
$5,000 from July 1, 1945 to 1949.
Rate of interest to be in multiples
of y4
or one-tenth
of 1%
and
must be
the
same
for
Trust
the
estimated
of
cost
$550,000 Golden Gate Bridge
in 1959 to 1963.
To
the
York, and Associates
129.28:
electric
of
.
\
plant
bonds.
Dated
Nov. 1, 1926 and due Nov. 1,
as
follows: $28,000 in 1950,
$35,000 in 1954, $10,000
1955, and $53,000 in 1958.
in
the
To
of
Chase
New
National
Bank
York, and Associates
128.03:
Lot No. 6, at
$151,000 Los Angeles, Calif., 4y4%
electric
plant bonds.
Dated
1, 1927 and due Oct, 1,
as
follows: $12,000 in 1952
and
1953, $13,000 in 1954,
$38,000 in 1955 and 1956, $13,000 in 1957 and 1958, and $12,-
issued is not less than 5 years
from July 1, 1945. Principal and
Oct.
are
County
Bank
$126,000 Los Angeles, Calif., 4%%
are
interest
:
National
Lot No. 5, at
Village Law and the General Mu¬
of the State. The
general
obligations,
payable from unlimited taxes. The
probable period of usefulness of
the purpose for which the bonds
Chase
New
which
Law
&
Highway District, Calif., 33A%
bridge, Series C,* bonds. Dated
July 1, 1935, and due July 1,
as
follows: $25,000 in 1956,
$25,000 in 1958, and $100,000
levies, under the authority of the
nicipal
Savings Association
of San Francisco
has been made available from tax
bonds
;
&
Lot No. 4, at 124.47:
all of the
paying a portion of the cost of
paving streets, not less than 5%
of
1976.
To the Bank of America National
Issued for the purpose of
bonds.
revenue
(J-J)
Trust
000 in 1959.
To
the
New
Chase
:
National Bank
of
York, and Associates
Lot No. 7, at 130.07:
$52,8,000 Los Angeles, Calif.; 4%%
electric plant bonds.
Date
of issue is various, and due
Oct. 1, as follows: $58,000 in
1951, $64,000 in 1952, $14,000
offered for sale on June 6—v. 159,
in 1953, $74,000 in 1954, $124,NEW MEXICO
p. 2245—were awarded jointly to
000 in 1955, $52,000 in 1956,
C. F. Childs & Co., and Sherwood
Albuquerque, N. Mex.
$18,000 in 1957, $4,000 in 1958,
& Co., both of New York, as Is,
Coupons to be Paid—G. Albert
$45,000 in 1960, $35,000 in
paying a price of 100.35, a basis
Lindefy City Treasurer, reports of about 0.88%. Dated June
1961, $10,000 in 1962, and
that the following special revenue
$30,000 in 1963.
1944.
Denomination $1,000.
Due
pavlng}b6nd coupons will be paid!
$15,000 in 1945 to 1949. The only To the Bank of America National
on presentation at his office:
other bidder was Halsey, Stuart &
Trust & Savings Association
District No. 28, Letter JJ—all cou¬
Co., for 1.20s, at a price of 100.10.
of San Francisco
pons due
May 1, 1935 and
p.
Springs,
paving
bonds. Dated
May 1, .1939.
Due May 1, as follows: $1,000
in 1945 to 1949; non-optional.
Village
District No. 10
Little
$450,000
Feb. 1, 1936, and due Feb. 1,
as
follows: $15,000 in 1956,
payable at the
Co., Hastings on
posit accompanying his bid will Hudson. The approving opinion
be returned.
The legality of the of Caldwell, Marshall, Trimble &
bonds will be approved by Cald¬ Mitchell, of New York, will be
well, Marshall, Trimble & Mitch¬ furnished the purchaser. A certi¬
ell, of New York, whose approv¬ fied check for $500, payable to the
ing opinion will be furnished to Village, must accompany bid.
the purchaser without charge. En¬
close a certified check for 2% of
Kingston, N. Y.
Bond Sale—The $75,000 semi¬
the par value of the bonds, apyannual public improvement bonds
able to the Borough Treasurer.
and
Co.i
water
Mount Pleasant (P. O.
N.Y.
Tucumari, N. Mex.
Bond Call—The
'
City Treasurer
calls for payment on July 1, 1944,
I at 103Vz and accrued
interest, 4%-
Tarrytown),
Note Offering—The Town Su¬
pervisor will receive sealed bids
until
10
a.m.
on
June
12 for the
purchaser of $220,000 notes. Dated
June 16; 1944. Due June 16, 1945.
fered for sale
Interest date M-N.
fered for sale on June 5.
Dated June 15, 1944. Due Dec.
1944. Other bidders were as
follows: Central Hanover Bank &
&
and Associates
15,
bonds will
Springs the First National Bank of Chi¬
3 3/4%
intersection paving cago and the First National Bank
of Albuquerque, paying a price of
bonds. Dated
May 1, 1939.
Due May 1, as follows: $1,000 100.0154, a net interest cost of
in 1945, $1,000 in 1947,: and about 1.195%, divided as follows:
For $252,000 bonds maturing $28,$1,000 in 1949; non-optional.
—
sale
of
annual
$3,000
-
be sold to the bidder
bidders offering to pay not less
than the principal amount of $15,-
date J-J.
Block 18, at 106.56:
of)
a
Co., New York, and Salo¬
Hutzler, jointly at
discount, plus a premium
of $37,000; Chase National Bank &
000 and accrued interest, and to
Trust Co., and Chemical Bank &
accept therefor the least amount
Trust Co., both of New York, and
of bonds, the bonds to be ac¬
Marine Trust Co., Buffalo, jointly,
cepted being those first maturing,
at 0.57 % discount, plus a premium
and if two or more bidders offer
of $6.00.
to accept the same least amount
of bonds, at the same lowest rate
Hastings on Hudson, N* Y.
bonds will
terest date thereafter. Interest
'
Of the $1,010,128
various tax free local bonds of¬
Bond Sale
which
7,200 Harlan County School Disprior. '
trict No. 18 (Mascot) 3V2%
District No. 49, Letter C—all cou¬
compromise bonds. Dated Jan.
pons due No. 1,1940 and prior.
1, 1942. Due Jan. 1, as follows:
$200 in 1956, $5,000 in 1957 to
Albuquerque Municipal School
1961, and $2,000 in 1962; op¬
District, N. Mex.
tional Jan. 1, 1952 or any inBond Sale—The $500,000 semi¬
-p
.
NEBRASKA
.
Harlan
Interest date J-J.
Sheridan County, Plenty wood
School District (P. O. Plenty*
war
April 1, 1927. Due April 1, as
$1,000 in 1949, $3,000
in 1951, $3,000 in 1953, $3,000
in 1955, and $2,000 in 1957;
non-optional.
Interest
date
follows:
Rhodes,
&
121.666:
County School
Dis,trict No. 37 (Hildredth)
4 3/4% building bonds.
Dated
,
Municipal Law Firm Dissolved
.
Franklin
at
Stevenson
Bacon,
Lot No. 3, at 129.44:
or
bonds
of Omaha
MISSOURI
,
15.
14,500 Village of Shickley 3V4%
water bonds.
Dated July 1,!
1940. Due June 1, I960; op¬
tional July 1, 1945;
Interest
date July 1.
2,000 Village of Shickley 3V4%
right to
reject any or all tenders; to waive
any irregularities in said tenders;:
to accept the tender or tenders
Iwhich in the opinion of the Board
are most favorable to the District,
amount
Interest date Dec.
Block 32, at 102.42:
The Board of
reserves
.
Interest date M-N.
•.
the lowest rate
legally acceptable proposal is re¬
ceived. As between proposals at
the same lowest interest rate, the
be
Block 10, at 106.59:
H.
Goodwillie, Secretary, Board of
Education, will receive sealed
Renders until 8 p.m.
Interest
^ p ■;
than
To
Mount Vernon, N. Y,
Bond
Sale—The
$50,000 public
works projects bonds offered for
sale on June 7—v. 159, p. 2356—
were
Bank
awarded
of
to
the
Lot No. 8, at 139.59:
$605,000 San Francisco (City and
County), Calif. 4V2% Hetch
Hetchy (water) bonds. Dated
July 1, 1928, and due July 1,
as
follows: $100,000 in 1946,
$10,000 in 1961, $20,000 in
1962, $25,000 in 1963 to 1967,
$75,000 in 1968, $50,000 in
1969, $25,000 in 1970 to 1974,
and $100,000 in 1975.
To the
Fleetwood
Vernon, as 3As,
paying a price of par. Dated April
1, 1944. Denomination $1,000. Due
April 1, as follows: $12,000 in 1945
and 1946, ahd $13,000 in 1947 and
New
Co.,
York
Lot No. 9, at 106.74:
$235,000 Colorado (State of) 3%
*
State Highway Fund revenue
anticipation warrants.
June
1948.
The
Central Hanover Bank &
Trust
Mount
Dated
1, 1936, and due June 1,
1947.
Mutual Life
pany
Insurance
To
Com¬
Bond Sale—Award of 36 lots of
the total 40 in State and
municipal
ter retirement. Series of 1935
bonds. Dated Oct. 1, 1935,
at
the successful bidders for each lot
awarded and the
lots not sold.
high bidder for
122.265:
$250,000 Denver (City and Coun¬
ty), Colo. 3y4% municipal wa¬
bonds totaling $15,356,000, offered
public sale on June 6—V. 159,
p. 2356—was confirmed. Bids re¬
ceived for $2,209,000, comprising
lots Nos. 3, 4, 29 and 37, were re¬
jected. The following is a list of
William Blair & Co.
Lot No. 10, at
of New York, N. Y.
due Oct.
and
1, 1965; optional Oct.
■
1, 1965.
To the First
/
.
Bdstbn Corp.''
at' il7,989;
Illinois (State ;pf) 4%
highway bonds;' Dated, $161,0C0 Oct. 1, 192*7, and $20,000
Lot. No. 11,
$181,000
Nov.
1, 1928, and due May 1,
$75,000 in 1948,
$21,000 in 1950, $65,000 in
1951, and $20,000 in 1953.
To
To
First
the
the
Harris
Trust
&
Savings
Bank of Chicago and Associates
Lot No. 12, at 122.629:
$659,000 Illinois (State of) 4%
highway bonds. Dated March
1, 1925, and due March 1, as
follows:
$250,000
in
1951,
$337,000 in 1952, and $72,000
in 1953.
To Paine, Webber,
&
Jackson
Curtis
Lot No. 13, at 121.66:
$250,000 Freeport, 111. 3Vz% water
revenue bonds. Dated Oct.
1,
1937, and due Oct. 1, as fol¬
lows: $4,000 in 1944 and 1945,
$15,000 in 1946, $7,000 in 1947,
$8,000 in 1948 and 1949, $3,000
in 1962, $13,000 in 1963 and
1964,
and
$14,000 in
1965,
$24,000 in
1966, $29,000 in
1967, $15,000 in 1968 and 1969,
$16,000 in 1970, $17,000 in
1971,
$32,000 in
1972, and
$13,000 in 1973.
Lot No. 23, at
First
the
To
Lot No. 24, at
Lot No. 14, at
120.93:
Madison Coun¬
Levy and Sani¬
111. 4>k% cor¬
Dated
May 1,
1937, and due May 1, as fol¬
lows: $25,000 in 1954, $100,000
in 1955, and $110,000 in 1956
ous
No.
1955 and
the
Bank
Harris
of
Trust
Chicago,
&
and
Savings
Associates
at 111.62:
To John Nuveen & Co.,
15,
108.475:
of New York
of
Town
in 1956.
Jan.
To the Chase National Bank
of)
N,
bonds. Dated March 1, 1936,
and due March 1, as follows:
$30,000 in 1947, $100,000 in
1948
and
1949, $120,000 in
1950, $5,000 in 1951, $115,000
in 1952, $50,000 in 1953, $160,000 in 1954, $158,000 in 1955,
$152,000 in 1956, and $10,000
Louisiana
highway,
(State
Series
in 1957.
Trust
&
Savings
Associates
Lot No. 18, at 120.28:
$1,000,000
Boston
District, Mass.
Metropolitan
bonds of
1935. Dated Jan. 1, 1935; and
due Jan. 1, 1960.
the
Bank
Harris
of
3%
Trust
Chicago,
&
and
Savings
Associates
Lot No. 19, at 123.269:
$141,000 Detroit, Mich. 4% public
utility (water) bonds.
Dated
May 15, 1926, and due May
15, 1956.
To the Bank of America National
Trust
&
Savings Association
of San
Francisco
Lot No. 20, at 115.633:
$253,000 Detroit, Mich.14% re¬
funding,
Series
F,
bonds.
Dated
1, 1937, and due Jan.
1,
$2,000 in 1945, $7,1946, $2,000 in 1947 and
1948, $23,000 in 1949, $28,000
in 1950, $28,000 in 1952, and
$3,000 in 1953.
"
Oct.
Lot No.
Winston-Salem,
Jan.
15, 1940, and due
Oct. 15, 1950.
To the Northern Trust Co. of
rate
and
C.
1956, $15,000 in 1957, $28,000
1959, and $6,000 in 1960.
To John Nuveen & Co.,
and Associates
Lot No.
$209,000
29, at
118.76:
Winston-Salem,
N.
C.
refunding various pur¬
pose
bonds. Dated Jan.
1,
1938, and due Jan. 1, as fol¬
lows: $25,000 in 1961, $13,000
in 1962, $26,000 in 1963 and
1964, $29,000 in 1965, and $30,3%
000
in
1966 to
1968.
$1,000,000 Nashville, Tenn., 214%
electric power revenue, Series
A, bonds. Dated June 1, 1939
and due June 1, as follows:
$265,000 in 1949, and $735,000
in
1950.
To Blair & Co.,
Inc., and Associates
Lot No. 30, at 118.259:
$408,000 Chester Municipal Au¬
thority, Pa. 314% water reve¬
nue
bonds.
Dated
Dec.
1,
1939, and due Dec. 1, as fol¬
lows: $7,000 in 1958, $58,000
in 1959, $79,000 in
1960, $102,000 in 1961, $78,000 in
1962,
$20,000 in 1963, $42,000 in
1964, $10,000 in 1965, and
$12,000 in 1967.
To the Central Hanover Bank
Lot No. 21, at 108.74:
Lot No. 31, at 102.263:
the'Chase National
the
Chase National Bank
of New York
Lot No. 22, at 127.81:
.
$250,000
Mississippi
(State
of)
414%
permanent
improve¬
ment bonds.
Dated July 1,
;
,
.1928, and due July 1, 1953,
April 1, 1959, $17,000 Nov. 1,
NORTH
.
lie improvement bonds. Dated
July 1, 1924, and due July 1,
Halsey,
Stuart & Co.
$98,000 Parkersburg, W. Va., 3%%
water
works
revenue
bonds.
May 1, 1940, and due May 1,
as
follows: $240,000 in 1947,
and $144,000 in 1948.
To the National City Bank
of New York
Lot No. 32, at 102.620:
coupon
of
Co.,
Greensboro,
4s-5s,
as
as
follows:
$1,000 Bond No.
-
Due July %
5.
1946.
C
Due July 1,
1,000 Bond No. 6.
1946. " '
' •
*
1946.
.
7/. Due July I,
1,000 Bond No.
/
Due July 1,
8.
1,000 Bond No.
1947.
1,000 Bond No.
1947.
,
Due July 1",
9.
1
■
1,000 Bond No. 23.
Due July V,
1949.
1,000 Bond No. 26.
Due July 1,
1949.
Dated
July
The
1939.
1,
next
highest bidder was: Vance, Young
& Hardin.
/
Parkton, N. C.
Sale—The $6,000 munic¬
Bond
bonds offered for
upon
159,
—v.
R.
to
refunding
improvement
ipal
p.
sale
on
June 6
awarded
2357—were
S. Dickson & Co., of Char¬
lotte, as 3V4S, paying a price of
100.20, a basis of about 3.197%-.
Dated June 1,1944. Denomination
$1,00.0.
Due $1,000 Dec. 1, 1945 to
highest bidder was:
1950. The next
Scottish
Bank,
Lumberton,
for
3V2S, paying a price of 100.11.
Polk County
CAROLINA
1
(P. O. Columbus),
N.C.
Bond Sale—The $24,000
refund¬
$16,000 refund¬ ing bonds offered for sale on June
6—v. 159, p. 2357—were awarded
ing bonds offered for sale on June
to the Channer Securities Co., of
6—v. 159, p. 2356—were awarded
to the First Securities Corp., of Chicago, as 2V4S, paying a price ol
100.00, a basis of about 2.244%, as
Durham, and Vance, Young &
follows:
• *
Hardin, of Winston-Salem, at a
price of 100.00, a net interest cost $18,000 road, bridge and general
bonds. Due June 1, as folof 1.885%, as follows: For $6,000
Bond Sale—The
/
lows: $4,000 in 1963 to 1965,
1935, and due maturing $1,000 June 15, 1952 to
and $6,000 in 1966.
•
1, as follows: $3,000 in 1957, as 2V4S, and $10,000 matur¬
1944 and 1945, $1,000 in 1948, ing June 15, $1,000 in 1958 and
6,000 school bonds. Due June 1,
1963 to 1965.
$4,000 in 1949, $5,000 in 1950 1949, and $2,000 in 1960 to 1963,
to
Dated June 1, 1944. Denominar
1952, $6,000 in 1953 and as l%s. Dated June 15, 1944. De¬
1954, $7,000 in 1955 to 1962, nomination $1,000. The next high¬ tion $1,000* The next highest bid¬
and $2,000 in 1963 and 1964.
est bidder was: McDaniel Lewis, der was: McDaniel Lewis & Co.y
& Co., for $11,000, 2s, and $5,000, for $6,000, 2x/4S, and $18,000, 2%s,.:
Additional Sales—The lots num¬ 13/4S, at a price of 100.106.
v
' at. a price of 100.06.
bered 3, 4, 29, and 37, aggregating
Buricombe County (P. O. Ashe$2,209,000 for which all bids re¬
OHIO
ville), N. C.
ceived June 6 were rejected, were
Bond Sale—Curtis Bynum, Sec¬
Ashland School District, Ohio
Dated
Nov.
-
1,
Nov.
•
awarded the next day as follows:
To Bacon,
Stevenson & Co., and
Commission,
reports that, in connection with
retary Sinking Fund
the
recent
call
for
the«
tenders,
Lot No, 3, at 130.75:
following bonds were purchased
$450,000 Little Rock, Ark., water by their respective sinking funds:
Bond Election—It is
submit to
planned to
the voters at an elec¬
in November,, an issue of li-.
tion
brary bonds.
Auburn Township School District
$28,000 Buncombe County refund(P. O. Burton), Ohio
ing bonds at 82.80.
.
.
Bond Election—An election has
Trust & Savings Association,
20,000 City of Asheville general
been called for June 20 to submit'
refunding bonds at 80.25.
of San Francisco
to the voters an issue of $135,000
Lot No. 4:
5,000 Asheville Local Tax School
construction bonds.
District refunding
bonds at
$550,000 Golden Gate Bridge and
74.75.
Bedford, Ohio
Highway District, Calif.,
Bond Offering — F. B. Morris,
5,000 Swannano Water and Sewer
bridge, Series C, bonds.
District refunding
bonds at Director of Finance, will receive
To John Nuveen & Co., and
79.95.
sealed bids until noon (EWT), on
Associates
revenue
bonds.
To the Bank of America National
.
.
■
Lot No. 29:
$209,000 Winston-Salem,
refunding bonds.
Dated
$7,000
bonds offered for sale
on June
5—v. 159, p. 2357—were
awarded to
McDaniel Lewis &
Asheboro, N. C.
$248,000 Roanoke, Va., 4V2% pub-
Sale—The
Bond
Bank
of New York
;
,
refunding
expressed in a
or
1/10 of 1%.
Principal and interest (J-D) pay¬
able at Liverpool Bank, Liverpool,
with New York exchange. Bonds
are
general
obligations
of the
town, payable in first instance
from
assessments
against bene¬
fited property in the sewer dis¬
trict, or in the alternative, from
Lot No. 39, at 130.88:
$384,000 South Carolina (State of)'
114% State highway certifi¬ To
cates of indebtedness.
100.018.
Hyde County (P. O. Swan
Quarter), N. C.
in the town.
Legality approved by Vandewater,
Lot No. 38, at 126.57:
$89,000 Nashville Tenn., 4% mu¬ Sykes & Galloway of New York
nicipal airport of 1935 bonds. City. A certified check for $3,000,
Dated Oct. 1, 1935, and due payable to order of the town, is
<
Oct. 1, as follows: $2,000 in required.
(This notice corrects the offer¬
1944 and 1945, $3,000 in 1946
to 1950, $4,000 in 1951 to 1955, ing report given in v. 159, p. 2356,
giving the date of sale as June 8.)
and $5,000 in 1956 to 1965.
To
Cincinnati, for $76,000,
1%S, and $24,000, IV2S, at a price
of
all taxable property
and Associates
& Trust Co. of New York
$2,000,000 Detroit, Mich. 2%% re¬
funding,
Series
G,
bonds.
Dated June 1, 1941, and due
June 1, 1955.
der
and
Trust Co.,
of
unlimited ad valorem taxes
To John Nuveen & Co.,
First Boston Corp.
Chicago, and Associates
To
37, at 105.80:
Lot No. 40, at 117.67:
N.
1, 1937, and due
follows: $13,000 in
as
Associates
1, 1944. Denomina^
The next highest bid¬
was: Weil, Roth & Irving Co.',
Provident Savings Bank &
Dated June
tion $1,000.
interest,
multiple of
Phelps, Fenn & Co.,
Lot No.
1959, as
$2,000 in
and
1958,
investment
general
36, at 126.37:
1954.
Jan.
1,
\
Tennessee
To
To
various purpose bonds.
Dated
for
series bonds. Dated June 1, 1944.
(State
of) Denomination $1,000. Due June 1,
3.90% state highway refund¬ as follows: $5,000 from 1945 to
ing, Series A, bonds. Dated 1953 inclusive; $7,000,1954 to 1968
Sept. 1, 1935, and due Sept. 1, inclusive.
Bidder
to
name
one
Lot No. 28, at 113.15:
2%%
$2,000 in 1954 and 1955, $3,000
in 1956, $4,000 in
1957 and
(P. O. Rye), N. Y.
Offered to Public—The
Marine Trust Co. of Buffalo is of¬
fering
1955.
June 1',/
$4,000 in 1950, $2,000 in 1951'
and
1952,
$4,000
in
1953,
1965, $30,000 in 1967, $75,- $35,000 in 1955. Principal' and in¬
in 1968, and $80,000 in terest
(J-D) payable at the Wash¬
1969.
ington
Irving
Trust
Co.,
Port
To John Nuveen & Co.,
Chester, N. Y. • Registerable as to
both principal and interest. Legal
and Associates
Lot No. 35, at 118.08:
opinion of Hawkins, Delafield &
$250,000 Columbia, S. C., 314% Longfellow of New York City.
refunding bonds. Dated March
Salina (P. O. Liverpool), N. Y.
1, 1939, and due March 1, as
Bond Offering—George L. Traifollows: $32,000 in 1956, $40,ster, Town Supervisor, will re¬
000 in 1957, $35,000 in 1958,
ceive
sealed
bids
until
2
p.m.
$46,000 in 1959, $50,000 in
(EWT) on June 14 for the pur¬
1960, and $47,000 in 1961.
chase of $150,000 not to exceed
To the First National Bank
5% interest coupon or registered
of New York
Mattydale Sewer District, second
and Associates
$62,000
Savings
of Chicago
and $29,000 maturing
000
To John Nuveen & Co.,
in
Harris
Bank of Chicago, and
To
.
4
,
l,k 1947 to 1949, as 3V4S,
June
in
000 in
Lot No. 17, at 123.11:
No.
/
.
"
$140,000 414% coupon school
Charleston, S. C. 314% bonds at prices to yield from
port and terminal utilities re¬ 1.25% to 1.40%, according to ma¬
funding bonds. Dated Aug. 1, turity. Denomination $1,000. Dated
1940, and due Jan. 1, as fol¬ Dec. 1, 1930. Due on Dec. 1: $25,lows: $15,000 in 1964, $10,000 000 in
1952, $80,000 in 1954, and
follows:
as
of New York
the
Bank
Wilson,
$1,000,000 Louisiana (State of) 5%
highway,
Series
F,
bonds.
Dated
March
15, 1932, and
due
March
15, as follows:
$20,000 in 1946, $8,000 in 1947,
.-v..1
-r
$29,000 in 1948, $28,000 in
To Robinson-Humphrey Co.
1949, $40,000 in 1950, $160,Lot No. 27, at 109.773:
000 in 1953, $236,000 in 1954,
$95,000 Winston-Salem, N. C., 3%
$199,000 in 1955, and $280,000
various purpose bonds. Dated
>
Harris Trust &
To the
1V2S. ■
35,000' street improvement bonds.
For
$6,000 maturing $2,000
Union Free School District
Rye
Bonds
$500,000
N. C.
3%
various purpose bonds.
Dated Nov. 1, 1938, and due
$9,000 April 1, 1953, $17,000
Nov. 1, 1953, $9,000 April 1,
1954, $17,000 Nov. 1, 1954, $5,000 April 1, 1955, $17,000 Nov.
1, 1955, $5,000 April 1, 1956,
$17,000 Nov. 1, 1956, $5,000
April 1, 1957, $17,000 Nov. 1,
1957, $5,000 April 1, 1958,
$17,000 Nov. 1, 1958, $5,000
April 1, 1959, $17,000 Nov. 1,
1959, $5,000 April 1, 1960,
$17,000 Nov. 1, 1960, $5,000
April 1, 1961, and $17,000 Nov.
1,. 1961.
kv-'VV'
■■ .yyv
$206,000
Dated
indebtedness.
ler, of New York, at 0.44% dis¬
count, plus a premium of $2.00.
Dated June 15, 1944. Due Feb. 15,
1945.
The only other bid was:
Chemical Bank & Trust Co., New
York, and Central Hanover Bank
& Trust Co., New York, jointly,
at 0.52% discount, plus a premium
of $52.00.
1936, and due Oct. 1,
1,
1953.
Associates
and
Lot No. 16, at 130.79:
To
Oct.
Dated
$140,000 Wake County, N. C. 3%
school refunding bonds. Dated
June 1, 1938, and due June 1,
as
follows:
$4,000 in 1947,
$14,000 in 1948 to 1951, $10,000 in 1952, $20,000 in 1953 to
1955, $10,000 in 1956.
To the Chase National Bank
'
cates of
112.93:
1956, and $10,000
Lot No. 25,
$1,800,000 Chicago, 111. 2y*% water
works system certificates of
indebtedness. Dated
Aug. 1,
1938, and due Aug. 1, as fol¬
lows:
$800,000 in 1954, and
$1,000,000 in 1955.
$1,000,000
4y2%
$255,000 South Carolina (State of)
•2%% state highway certifi¬
as
June
Lot No. 34, at 123.425: j
in 1960 and 1961.
To
Bank
..
C.,
Fenn & Co., Smith,
Barney & Co., Salomon Bros. &
Hutzler, R. W. Pressprich & Co.,
and F. S. Moseley & Co.
Phelps,
Lot No. 27, at 106.4096:
$1,000,000 Nashville, Tenn., elec¬
tric power revenue bonds.
Rochester, N. Y.
Note Sale—The $875,000 special
$159,000 South Carolina (State of)
13A% state highway certifi¬ local works notes offered for sale
Bond
Sale—The $100,000 bonds
offered
for
sale
on
June
6—v.
159, p. 2356—were awarded to a
syndicate composed of the First
Securities Corp., of Durham,
of Win¬
Bennett,
Co., of Detroit, paying a
Vance, Young & Hardin,
ston-Salem, and Crouse,
Smith &
12, for the purchase of the
following $430,000 2% refunding
June
Fayetteville, N. C.
N.
:
3x/4S, and $50,000 maturing
1, $6,000 in 1950 to 1953,
$3,000 in 1954 and 1955, $6,000
in 1956, $5,000 in 1957, $6,000
in 1958, and $3,000 in 1959, as
on June 6—v.
159, p. 2356—were
awarded to Salomon Bros. & Hutz¬
$210,000
1, 1936, and due March
1, as follows: $13,000 in 1947,
$30,000 in 1948 to 1950, $22,000
in 1951, $20,000 in 1952 and
1953, $16,000 in 1954, $13,000
in
National City
the
of New York
Bank
bonds.
purpose
$10,000 in
1949, and
Lot No. 33, at 111. 271:
Lot No. 26, at 115.40:
the National City Bank
of New York
Lot
To
March
and 1957.
To
$38,000 in 1947,
1948,
$41,000 in
$40,000 in 1950.
$227,000 Charlotte, N. C. 3% vari¬
To Paine, Webber, Jackson
$345,000 St. Clair
ties, East Side
tary District,
porate bonds.
Aug. 1, 1939, and due Aug. 1,
as
follows:
$30,000 in 1945,
123.24:
National
Dated
indebtedness.
of
cates
of New York
"
Curtis
Bank
York
$522,000 North Carolina (State of)
4j/2% highway serial bonds.
Dated
$26,000 Jan. 1, 1922,
$106,000
Jan.
1,
1923,
and
$390,000 Jan. 1, 1925, and due
$8,000 July 1, 1948, $45,000
Jan. 1, 1949, $40,000 Jan. 1,
1950, $11,000 July
1, 1950,
$26,000 Jan. 1, 1951, $7,000
July 1, 1951, $260,000 July 1,
1951,. $21,000
Jan.
1,
1952,
$19,000 Jan. 1, 1952, and $85,000 Jan. 1, 1953.
'
&
National
of New
follows:
as
Monday, June 12, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
2462
bonds:
$40,000 Series 1 bonds.
1, as follows: $2,000
1948. $4,000 in 1949
$6,000 in 1951, and
1952 and 1953.
390,000 Series 2 bonds.
.
price of par, as follows:
Due Dec.
in 1945 to.
and 1950,
$10,000 in
000 Oct.
Due $65,"
1, 1945 to 1950.
,
Dated June 1^1944. Denomina¬
$65,000 street bonds. For $15,000
tion $1,000. Bidders may bid for
maturing June 1, $6,000 in
a
different rate of interest in1'a
1946. $3,000 in 1947 to 1949,,
Volume
bid
issue
of
all
for
or
made to the'
equipment, has passed the Council.
be
will
Award
bonds.
highest and best bid¬
par and ac¬
Warren, Ohio
der for not less than
Enclose
crued interest.
Bond
certified
a
Fi¬
of
Director
the
to
nance.
Bellevue, Ohio
$39,216
owners
share
Denominations $1,000,
one for $216.
Due as follows:
$3,216 April and $4,000 Oct. 1,
-1945, and $4,000 April and
Oct. 1, 1946 to 1949.
16,925 city's share bonds.
De¬
nominations
$1,000, one for
for $1,300.
1, as follows: $1,000 in
1945 to 1949, and $1,300 in 1950.
Bidders may bid for a different
rate of interest in a multiple of
nominations $1,000, one
Oct.
Due as follows: $1,925
and $2,000 Oct. 1, 1945,
$925.
April
$2,000
April
$1,000
1%.
Enclose a certified
check for $75, payable to the City'.
}k
The
—
property
bonds.
Bond Offering—A. H. Arnholt,
City Auditor, will receive sealed
bids until noon on June 12 for the
purchase of $6,300 water system
bonds.
Dated .Tune 1, 1944.
De¬
f ;
Due
Passed
Ordinance
Council recently passed an
ordinance calling for the issuance
of $56,141 not to exceed 5% street
improvement bonds as follows:
City
check for 2% of the bonds bid for,
payable
to Vermilion River and
purchase of certain street
for the
each
of
none
St.
erty
Each bidder
multiple of % of 1%.
must
THE COMMERCIAL &
Number 4289
159
of
Oct.
1,
1945, $2,000
and Oct. 1, 1946, and
April and $2,000 Oct. 1,
1947 to 1949.
Ordinance Passed
Bond
Council recently passed an
ordinance calling for an issue of
City
the recent call for tenders of
000
Refund¬
and
Retirement
of
bonds
its
and
2410
1938-16
2414
2126
1938-16
2431
2223
1938-18
2485
2262
1938-21
2603
2286
1938-21
2662
2292
1938-21
2808
1938-16
2295
1938-21
2817
1938-16
2378
1938-21
2821
1938-16
2396
1938-27
2953
Said bonds shall be
presented to
the
Willoughby /.Branch of The
Cleveland Trust Company, Wil-
5%%
,
.
—
1938-16
2066
1938-16
The $71,000
rate.
Sale
2065
1938-16
^bonds issued in the sum of $20,000
Will be paid off Nov. 1. Both are
held by the Sinking Fund at 4%
interest and will be paid off from
E. J. Alheit, City
reports that the $71,000
water works improvement bonds
will be taken by the Sinking Fund
loughby, Ohio, for payment of the
par value thereof, together with
interest accrued to and including
June
30, 1944.
'
■
?■
>
•
William W.
—
'Schilts, Village Clerk, will receive
: sealed
bids until noon on June 24
refunding bonds, dated Jan. 1,
1939. The amount available in the
of
numbers and bond numbers.
New Boston,
'
Bond Sale—The
Ohio
$31,700 refund¬
ing bonds offered for sale on June
,3—v. 159, p. 2133—were awarded
to Stranahan, Harris & Co., Inc.,
"of Toledo, as V/2S, paying a price
of 100.32, a basis of about 1.46%.
Dated May 1,
1944.
Denomina¬
tions $1,000, one for- $700.
Due
I Nov. 1, as follows: $3,700 in 1950,
•$5,000 in 1951, $7,000,in 1952, and
•$8,000 in 1953 and. 1954. The next
.•highest bidder was: Fox, Reusch
& Co., for l3/4s,
■:
Ohio (State
Invasion
'
(
Effect
On
Market
Cement, Okla.
The $5,000 water
extension bonds offered for sale
7
.
follows:
as
News of the highly
anticipated invasion y e s t e r day
caused scarcely a ripple in the
municipal market/ About
noticeable effect was a
tendency on the part of dealers to
lower? -bids ' fractionally,
, many
.' Ohio
the
•
•
.
.
"
•
only
hoping to buy "cheap" bonds, but
in almost all cases bids were made
off the same basis prices as were
used for offering
prices last week.
Ohio muni-
Since our index of
,
,
■
cipal prices represents the bid side
of the market, the yield on 20
Ohio -bonds Twhich
moves in¬
versely
-
stands'
with
today
the
at
last week.
,1.31%
dollar " price)
1.33%, against
The index for
high grade bonds is 1.18% toand the index for 10 lower
grade bonds is 1.48%, compared
with
1.16% and 1.46%, respec¬
10
'
Sale
—
June.5—v.
on
awarded
159,
p.
R.
the
to
2247—were
Edwards,
J.
Inc., of Oklahoma City. The next
highest bidder was: Calvert &
Wednesday.
.
.
,
-
Vermilion, Ohio
Bonds Authorised — An ordi¬
'
*.
issuance
amount
$8,500 to pay the cost of con¬
nance
and
of
authorizing
the
sale of bonds in the
structing a storm sewer
from Lib¬
called.
date
Interest
fire
house
bonds
were
Sale—The
$35,000
tional
to
of
Bank
the
First "Na¬
Portland.
1958, optional in numerical order
upon
the payment of the face
est
on
bidder
Details—In
Sale
airport
the
sale
connec¬
the
California
Power
refunding
$202,-
was
$40,000,-
was
Bridge
Authority
was
the
and
of the issue
was
an
contributed by
Consumers
issue of $41,533,000.
Public
loan of $56,000,-
a
In each
the
case,
to refinance at lower interest cost debt pre¬
viously outstanding and, in addition, both represented revenue offer¬
ings.
'
of
large flotations in May included $11,000,000 Chicago, 111.,
Education, $6,400,000 Erie County, N. Y., $6,040,000 Chat¬
tanooga, Tenn., $5,738,000 Memphis Housing Authority, Tenn., $3,310,000
Chattanooga Housing Authority, Tenn., $3,180,000 Orleans Levee
District, La., and $2,300,000 University of Michigan bonds.
As
for
practically all of the larger borrowings during the month were
refunding
Moore
of
of
accounted
that character
for
Another important trans¬
New York State Comptroller Frank C.
$7,075,000 various local municipal bonds, for the account
of various State
sinking funds.
Such liquidations, whether effected
by public bodies or private institutions,
are
included in
not
our
tabulations.
As
temporary financing in the recent month, offerings of
to $20,287,974, and included $7,397,000 of note
for
that nature amounted
sales by
various local housing authorities and tax anticipation bor¬
rowing in amount of $6,000,000 by Boston, Mass.
*
The
in the Canadian municipal field
outstanding development
during May was the placement in the United States of an issue of
$9,150,000 Edmonton, Alta., refunding bonds. This was the first Cana¬
dian municipal issue
and
underwritten in this country since the Securities
Exchange Commission was formed in the early 30's.
distributed by an investment banking group
The bonds
headed by the First
Corp. and the Dominion Securities Corp.
United
No
States
financing
Possession
undertaken during
was
May.
(P. O. Media R. D. No. 2), Pa.
Bond Sale—The $20,000 school
June 6—
financing
action in May was the sale by
Boston
Township School District
purposes,
$138,984,200 of the total sales of $159,854,766.
PENNSYLVANIA
on
Toll
000, while the latter placed
were
1957.
Aston
emphasized in the fact that the output
District, Neb., the former having marketed
purpose
of
the $39,000
Series 1944
bonds to the First National Bank,
report of which appeared in v. 159,
p.
1295, Alfred Mundt, City Re¬
corder, now reports that the bonds
were sold
at a price of 100.01, a
net interest cost of 1.204%, as fol¬
lows: $15,000 maturing $3,000 May
1, 1945 to 1949 as 21/4s, and $24,000
maturing $3,000 May 1, 1950 to
tion
with
The next highest
Foster & Marshall.
was:
Bond
accrued inter¬
interest, paying date at
any
after 5 years.
or
the
months of the current year.
Dated
Aug. 1, 1944. Denomination $1,000.
Due $2,500 from Aug. 1, 1945 to
value thereof with
during
sewer¬
bonds offered for
June 5—v. 159, p. 2357—
awarded
were
municipalities
larger than the grand aggregate of $116,648,264 for the first four
Board
refunding
on
and
The exceptionally large volume of borrowings in the recent
month is further
000
States
month since December, 1940, when the output
any
531,474.
Other
Salem, Ore.
Bond
posals in
by
aggregated $159,854,766, representing the largest dis¬
Approximately $100,000,000 of the May total
Huntington, Ore.
Bids Rejected — A. P. Adams,
City Recorder, reports that as the
issue was increased to $20,000, all
bids received for the $14,000 not
to exceed 4% interest City Hall,
jail and
rejected.
month of May
July'l, 1944.
2247—were awarded to
Dougherty & Co., of
Philadelphia, as l^s, paying a
price of 101.20, a basis of about
1.08%.
Dated July 1, 1944. De¬
nomination
$1,000.
Due
$2,000
July 1, 1947 to 1956.
The next
highest bidder was: Blair & Co.,
Inc., for iy4s, at a price of 100.41.
159,
In the
following table we furnish a comparison of all the various
obligations put out in May for the last five years:
forms of
aggregating
$252,000, will be submitted to the
June
an
election scheduled for
20:
$192,000 water system;
$25,000 fire department
equip¬
ment; $26,000 street, and $9,000
sewer disposal plant bonds.
McAlester, Okla.
non,
City
sealed bids
for
13
the
The bonds
receive
will
Clerk,
until
8
p.m.
and
sewer
June
$200,000
bonds.
authorized at the
were
election held recently.
Bonds
held
Voted
May
on
.
.
,
—
23
At
the
an
election
voters
ap¬
ing bonds aggregating $275,000;
$92,000 water mains; $60,000 san¬
itary sewer equipment;
$28,000
fire
equipment, and $95,000 hos¬
pital bonds.
Washita County,
Lake Valley Con¬
District (P. O.
Cotebo, R. 2), Okla.
Bond Sale—The $12,000 build¬
ing bonds Offered for sale on May
solidated School
29
were
wards,
paying
terest
159,854,7615
36,473,632
30,798,098
110,525,625
20)287,974
31,543,338
63,001,000
138,585,506 157,654,408
Canada---.:—None
Placed
2,917,000
2,440,063
90,000
9,150,000
None
None
None
None
possessions..
None
None
None
None
None
—■
189,292,740
United States—
In
Bonds of U. S.
awarded
to
R.- J.
Ed¬
Inc., of Oklahoma City,
a price of 100.00, a net in¬
cost of 1.59%, as follows:
For
$6,000 maturing $2,000 in 1947
to 1949, as 1 %$, and $6,000 matur¬
ing $2,000 in 1950 to 1952, as IV2S.
The next highest bid was a net
interest cost of 1.60%.
OREGON
Astoria,
Bond Call
—
Ore.
Oswald Gustafson,
City Treasurer, reports that pur¬
suant to city ordinances and the
terms in the bonds, the City has
exercised its option to redeem on
July 1, 1944, at par value and ac¬
crued interest certain refunding
Council, calls for
July 1, 1944 at par
accrued interest, 4J/2% im¬
payment
and
—
'•■Including temporary securities
—
May,
provement bonds No. 1 to 35, is¬
July 1, 1917.
Said bonds,
with
all
coupons
after July 1,
respectively.
For
the
after date called.
semi¬
bonds offered
for sale on June 6—v. 159, p. 1910
—-were
awarded jointly to Blair
Bond
70,933,970' 96,239,161 249,201,131 276,560,399
May, 1941; $60,800,000 in May, 1940.
Sale—The $140,000
refunding
& Co., Inc., and Butcher & Sherrerd, of Philadelphia, as lV4s, pay¬
ing a price of 100.267, a basis of
about 1.20%. Dated June 15,1944.
Denomination $1,000.
Due $14,000
municipalities emitting* permanent
This contrasts with 61 and 65 for April.
comparative purposes we add the following table,
showing
domestic issues for May and the five
Month of
May
Year—
1937
215,263,304
300,116,021
1936
30,798,098
1938
(List of
519,664,021
1934
466,066,804
Five Months
$51,219,386
453.554.88 7
364.544.089
505,848,680
78,274,868
1932
110,525,625
$444,755,296
105,152,749
535,274,577
79,788,577
_i
1933
101,548,623
93,150,722
1939
—
1935
50,0,67,852
—
1940
For the
May
Year—
$276,503,030
36,473,632
-
1942„__
1941
Month of
For the
Five Months
$159,854,766
—
404,443,913
44,790,533
123,025,591
87,334,298
439,675,147
174,998,521
730,576,915
—
1931—
individual issues sold in May
will
be
given
in
next
Mondays issue.)
Schmertz & Co.,
TENNESSEE
of Pittsburgh, as
15, 1945-1954. The next
iy4s, paying a price of 100.92, a
basis of about 1.08%. Dated June
highest bid was: Hemphill, Noyes
& Co., S. K. Cunningham & Co.,
1, 1944. Denomination $1,000. Due
on
June 1, as follows: $1,000 in
Moore, Leonard & Lynch,
jointly, for iy4s, at a price of
in 1949 to
from June
bonds and
issues made during May, were 112 and 139,
months for a series of years:
1943
annual
of
aggregates of long-term
1944_
Johnstown, Pa.
number
the number of separate
attached, should be pre¬
sented for payment to the Dela¬
ware
County National Bank,
Chester, and will not bear interest
1944,
i'
68,838,139
issued by N. Y. City: none in May, 1944; none in
1943; none in May, 1942; none in
The
on
sued
rt
50,067,852
(permanent):.
Canadian loans
in
S.)
of
Secretary
on
purchase of
works
water
O'Ban-
Offering—Celest
Bond
—
"Temporary loans
Placed
1940
$
(U. S.)~
(U.
loans
Permanent
1941
1942
1943
$
Total
following: bonds
voters at
1944
p.
Webster
Bond Call
Bond Election—The issuance of
the
.
tively, on last
on
ceases
Eddystone, Pa.
«
Joseph J. Higler,
Clinton, Okla.
day,
•
ap¬
Canfield.
Slight—J. A. White & Cq. Cincin- proved the issuance of the foliow-i
nati, reported under date of June
'
coupons
Long-term financing
"
Norman, Okla.
of)
unmatured
after
or
on
A.
"Sinking Fund is approximately
$12,000. Tenders should contain a
description of the bonds by issue
be
all
pertaining thereto attached, at the
National City Bank, New York
City, fiscal agency of the State,
v.
OKLAHOMA
Bond
Hudson, Ohio
Tenders Wanted
with
and $25. Said bonds
presented for payment
bonds offered for sale
Auditor,
Trustees.
$100,
should
No.
1938-16
originally issued in the sum
Bond
Bond
No.
1938-16
$37,800 will be redeemed Oct. 1.
city hall and fire station
interest
Series
No.
1938-16
•The
to be refunded now bears a
Bond
1938-16
The two 1936 issues are
sinking fund money.
follows:
1938-16
being redeemed in sums of $8,000
each.
The
1936
debt refunding
bonds
as
No.
$71,000 in water works improve¬
ment bonds to gain a lower inter¬
;of
also, reports that
being called
July 1, 1944.
now
are
Series
improvement bonds in the
total sum of $16,000 and to refund
station
est rate.
Lee
The called bonds are
hall and fire
city
Mr.
bonds
for payment on
refunding
debt
1936
its
the
voted to pay off the
last meeting
$20,-
refunding bonds, dated Oct. 1,
1936.
ing Approved—The Council at its
last
Village
tenders
Lee,
no
connection with
received in
were
Elyria, Ohio
Bond
B.
that
Clerk," reports
$7,000 street resurfacing bonds.
'n.
Call—C.
Bond
1, 1967, aggregating $1,811,325, being all of said bonds out¬
standing. •Denominations $1,000,
$500,
2463
Municipal Bond Sales In
Jan.
sale
Wickliffe, Ohio
The
—
bonds dated Jan. 1, 1937, maturing
age
Defiance, Ohio
FINANCIAL CHRONICLE
Chattanooga, Tenn.
Retains Fiscal Agents —
The
City has retained the services of
Wainwright, Ramsey & Lancaster,
of New York, for another year to
complete the rearrangement of the
100.059.
$1,000 in 1953 and 1954. The next city's debt maturity schedules. Up
highest bidder was: Singer, Deane until recently, the firm had re¬
Titusville, Pa.
Bond Sale—The $75,000 semi¬ & Scribner, for lV4s, at a price of
arranged the schedules of $5,600,- •
annual sewer system and inter¬ 100.58.
000 of bonds, leaving only $400,ceptor plant bonds offered for
000 of bonds still to be adjusted.
SOUTH DAKOTA
sale on June 5—v. 159, p. 2023—
Claiborne County (P. O. Taze¬
were
awarded jointly to Moore, Beadle County (P. O. Huron), S. D.
well), Tenn.
Leonard & Lynch, of Pittsburgh,
Bond Sale
The $430,000 re¬
Bond Call
J. Kyle Kivett,
and A. Webster Dougherty & Co.,
funding bonds offered for sale on County
Judge, reports that the
of Philadelphia, as 1
paying a June 7 —v. 159, p. 2247 —were
county calls for payment on Aug.
price of 101.27, a basis of about awarded to the Allison-Williams
1, at par plus accrued interest, the
1.14%. Dated July 1, 1944. Due
Co., of Minneapolis, and Associ¬ following 5% refunding highway,
$3,000 from July 1, 1945 to 1969.
ates, as IV2S, paying a price of par. bonds:
The next highest bidders were:
Purchaser to pay expenses. Dated
Union Tryst-Co., Pittsburgh, for
$250 bond No. 326, dated Mar. 1,
June 1, 1944. Due July 1, as fol¬
1936, due Feb. 1, 1949.
iy4% bonds, at a price of 100.98, lows: $10,000 in 1945, $20,000 in
and E.
H.
Rollins & Sons, for
6,500 bonds Nos. 177 to 180, 182
1946 to 1948, $30,000 in 1949 to
to 184, 186, 192)to; 195, and
iy4 % bonds, at a price of 100.499.
1955, $35,000 in 1956 and 1957, and
199, dated June L, 1936, due$40,000 in 1958 and 1959. The next
Wilson (P. O. East on), Pa.
Feb. 1, 1949. < v:
Bond Sale—The $12,000 semi¬ highest bidder was: Farmers &
Holders are requested to for¬
annual fire apparatus bonds of¬ Merchants Bank, Huron, for iy>s
and
$2,000 in 1948, $1,000
1951, $2,000 in 1952, and
1945 to 1947,
—
—
.
159, (County to pay
2134—were awarded to Phillips, 'price of 100.00.
fered for sale on June 5—v.
p,
expenses)
at a
ward said bonds to *the American
National Bank,
Nashville, for
pay-
and Louis B. Henry,
irrespective of payee agent
Interest will
to accrue on said bonds on
ment
ADVERTISEMENT
advertisement
of Dallas, as
|
price of 100.279, a Kanawha County (P. O. Charles*
of about 1.22%, as follows:
ton), W. Va.
named in the bond.
iy4s, paying
cease
basis
date
called,
have
CITY OF MONTREAL
been
;
*
of
the 15th May 1940 and
)■
!•
,
of Montreal and dated
■
bills issued by the City
p.
IS
NOTICE
suant to the
HEREBY
,
the City of
1944:
lowing:
Interest
2%s, and $40,000 maturing
1, $5,000 in 1963 and
1964> and $6,000 in 1965 to
Maturity
Rate
Type of
Security
Date
6
15
Montreal
Montreal
Bonds
Maisonneuve
Debentures
Delorimier
Debentures
3
%
4%%
4
%
St. Louis
Debentures
4
.;
1
June
1940
June
1940
;v
1
October
1
November
November
1940
i
I960,. $13,000 in 1961 and
1962, as 2V2s, and $91,000 ma¬
turing $13,000 June 1, 1963 to
Cartierville
Debentures
5
%
1
November
1940
Bonds
3
%
15
December
1940
Montreal
Bonds
21/2%
1
March
1941
Maisonneuve
Debentures
1
April
1941
St. Louis
Debentures
4y2%
4
%
1
4
%
1
May
May
1941
Stock
1941
Taylor & Co., Barcus, Kindred
Villeray
Debentures
5
%
1
June
1941
Montreal
Bonds
6
%
15
Maisonneuve
Debentures
4%%
1
Co., and Robert Mclntyre & Co.,
1941 for $287,000, 2V2s, and $113,000,
1942 2y4s, at a price of 100.17, a net
1942 interest cost of about 2.374%.
Montreal
>
December
March
Montreal
Debentures
4
%
1
Montreal
Stock
4
%
1
Debentures
%
1
1942
Montreal
Stock
Montreal
Stock
1
May
Bonds
31/2%
31/2%
5
%
1
November
Debentures
4 y4%
1
December
1942
15 December
1942
&
1942
Cartierville
5
Denomina¬
1, 1944.
Montreal
'
Delorimier
Montreal
.
■/.
Bonds
•*.
3
%
Bonds
Montreal
May
May
May
1 May
Delorimier
Debentures
41/4%
Maisonneuve
Debentures
Montreal
Bonds
5
1942
1943
1943
1
1943
April
August
1 September
%
No.
Improve¬
Texas
ally
tion
Montreal
Debentures
%
1
May
1944
Montreal
Stock
4
%
1
May
1944
Montreal
Debentures
4
%
1
1944
Montreal
Bonds
6
%
May
15 May
1944
6,
March 10 from 1947
Denomina¬
on
1961 inclusive.
v
82,000 improvement bonds. Dated
Sept. 10, 1934 and due serially
on Sept. 10 from 1947 to 1964
They are all coupon bonds, reg-
their face
isterable
to
as
principal, and
denominations.
$1,000
in
Principal
(M-S 10) payable at
Guaranty Trust
Co., New
and interest
all of the
f
outstanding treasury bills issued by the
City of
Montreal and dated prior to the 1st May 1944 or any re¬
newals thereof, at their face value, together with all
interest accrued and unpaid thereon at the rate stipu¬
lated payable therein respectively to the aforesaid date
*
of
repayment.
.
•
. .
the
York
of
the
;
. .
bonds, debentures and treasury
Holders
of
the
inscribed
or
registered stock aforesaid are re¬
surrender them for repayment at the repayment price
on the 30th June 1944 at the place of registry of
the said inscribed or registered stock.
quired to
above
mentioned
All unpaid
interest coupons should be detached before the sur¬
securities and should be presented for
render of the above mentioned
payment
through
the
usual channels.
istered bonds and debentures; or coupon
City.
voted
direct
bills aforesaid
are
required to surrender them for repayment at the repayment
price above mentioned on the 30th June 1944 at the place of payment
or at any one of the places of payment specified respectively in the
bonds, debentures and treasury bills to be so surrendered.
Holders
Treasury bills; fully reg¬
bonds and debentures which
from unlimited ad val¬
Legality approved by
payable
taxes.
orem
of Chicago,
General^ of
Texas.
The
district, the.' bond
house reports, has never defaulted
on its debt payments.
Current tax
the
and
Cutler
&
Chapman
Attorney
collections
by the district for the
past seven years have never been
and taxes are levied
90%
under
entirely
service,
for debt
as
in¬
come
from sale of water is more
than
sufficient to
nance
the
and
mainte¬
cover
operating expenses of
district,
according to report.
registered as to principal must be accompanied by duly executed District has a total bonded debt of
assignments or transfer powers.
$472,000 and sinking fund cash of
NOTICE IS HEREBY FURTHER GIVEN that interest on the
$16,522.71, leaving a net debt of
said bonds, debentures, inscribed or registered stock, and treasury
$455,477.29.
Assessed
valuation
bills shall cease to accrue on and after the 30th June 1944.
for 1943 (50% actual) is $3,018,NOTICE IS HEREBY FURTHER GIVEN that for the purpose of
able
June 1944 at 5 P.M.
947.83.
Legislature.
Out-ofState holders of such warrants are
of June 1944.
MONTREAL
By L. ROBERGE
Director of Finance
value
presented for repayment must be accom¬
Canadian declaration of ownership Form G,
•completed by a bank or other authorized signatory, copies
securities
panied by
a
of which form may be
obtained from the said Agency.
actual
7.54%.
Delinquent
taxes
outstanding for the years 1936 to
1942
Montreal, 64 Wall Street, New York, N. Y.
to
placed at $1,160.04.
Houston,
Bond Sale—The
eral
warrants, all State
when issued
revenue
$30,000 mu¬
Bonds Unsold—The
hospital
nicipal
tional
Bank
of
ated
Texas
159,
yield
0.387%.
of
Due
improvement
2,
Dated June
1944.
Sept. 1, 1944.
QUEBEC
Montreal, Que.
Official Notice of
ment-^-Official
Debt Repay-
announcement ap¬
this page of the
dences of debt
and
intention
redeem on June 30,
outstanding evi¬
municipality
various
1944,.
Postponed—The sale
$85,000 public
of the
thereto,
corporations annexed
from
4 p.m. having maturity dates ranging
on Juhe
16. The bonds will ma¬ from May 15, 1940 to and includ¬
ture July 1, as follows: $7,000 in ing May" 1'5,' 1944. The obligations
1947, and $6,000 in 1948 to 1960. will be redeemed by the city at
M. A. Aseltine, Village Treasurer,
will receive
sealed bids.
Dated their face value, together with all
July 1, 1944. Denomination $1,000. interest accrued and unpaid there¬
The rate of interest to be deter¬ on at. the rate stipulated in the
mined by the rate shown in the
instruments, L. Roberge, Director
accepted bid, said bonds provid¬
of Finance of Montreal, announces.
ing for local payment and an al¬
ternative place of payment to be Also to be redeemed on June 30,
determined by the accepted bid. 1944,
are
outstanding treasury
All bids shall specify the premium
bills issued by Montreal and dated
offered, if any, the rate of inter¬
prior to May 1, 1944, or any re¬
est, and the alternative place of
postponed
been
has
bonds
159 p. 2359—to
June 8—v.
Bond Sale—The
$80,000 refund¬
sale on June
2135—were awarded
ing bonds offered for
159, p.
H. Rollins &
E.
100.538,
Sons, of New
1.%'s, paying
York, as
a
a
price of
1.44%.
basis of about
Dated June 1,
1944. Denomination
Due $4,000 June 1,
.1945 to
Other bidders were:
treasury
place of payment or
of the
Special arrangements
made whereby
payable^tn Can¬
present them
at the Agency
Price
101.389
1%
Co.
Boston
M.
of securities
ada may
101.155
100.75
declaration of
Kidder & Co
Vermont Securities,
—
-
100.40
fully documented,
1%
Inc.,'
--2
...,.100.43,
of
Montreal,
York
be
City.
64
for/repay¬
of the Bank
Wall
St.,
New
Such securities must
accompanied
may
have been
United States hold¬
1%'^
First National Bank,
specified
therein.
1%
Arthur Perry &
at any one
places of payment
Rate
Peabody & Co.—
Brattleboro
(bonds,
obligations
ment
Int.
Kidder,
various
debentures,
bills) for payment at the
quested to surrender the
Poultney, Vt.
1—v.
Creditors are re¬
newals thereof.
payment.
A.
York,
was
June 1 at an average
of the city to
Enosburg Falls, Vt.
Bond Sale
of the
Mil¬
Co., of Milwaukee, Gra¬
on
An issue
treasury bils
pears on
VERMONT
1964.
of the First Na¬
ham, Parsons & Co., of New
Treasurer's
State
the
by
of.)
—
office.
$2,040,000 bonds
Chicago,
sold
presented immedi¬
Prompt pres¬
entation
for
payment of these
warrants will be greatly appreci¬
Bills Sold
$65,000,000
of
ers
2134—were awarded to a syn¬
waukee
Treasury
ately for payment,
Bidder
dicate composed
CANADA
Canada (Dominion
and should be
$1,000.
offered for sale on June 7—v.
p.
State
the
warrants are cashable
Net debt ratio to assessed
valuation, 15.09%,. and
Special arrangements have also been made whereby United
States holders of securities payable in Canada may present
their securities for repayment to the Agency of the Bank of
All
property is given as $6,036,-
notify
to
Treasurer's office. Other than gen¬
to
OF
Frederic, Wis.
State
the
473.92 and actual value of all tax¬
effecting the repayment aforesaid the books of registration and trans¬
fer of the issues listed above will be closed permanently on the 19th
CITY
WISCONSIN
1944.
Gen¬
prior
cause
The bonds constitute
obligations and are
are
DATED at Montreal this tenth day
prior
Sept. 1, 1941, are now void be¬
of the State statute for two
to
requested
$1,000.
inclusive.
Value, together with all interest accrued
and
unpaid thereon at the rate stipulated payable
therein respectively to the aforesaid date of repayment;
b)
including
and
of rangements with the State Repre¬
sentative of their district to have
them
lows:
presented to the General
Claims Committee for special ap¬
$144,000 refunding bonds. Dated
March 10, 1938 and due seri¬ propriation at the next session of
to
4
j
issued
April 3,
This call is for $1,140,053,
eral revenue warrants, dated
includes all warrants
to
$226,000 4% district bonds, as fol¬
1943
4i/4%
at
.
Dated July 1, 1944. Denomination
Bonds
ar% op¬ $1,000. The next highest bidder
was:
The Chase National Bank,
New
York, First; Boston Corp.,
Texas (State of)
Glore, Forgan & Co;, Charleston
Warrant Call — Jesse James, National Bank, Hayden, Miller &
State Treasurer, calls for payment Co., and Crouse, Bennett, Smith &
at
face
value
general revenue Co., for $2,504,000, iy2s, and $496,warrants
to
and including No. 000, iy4s, at a price of 100.019, a
652,713 (1943-44 Series), which net interest cost of 1.45%.
offering
public
making
are
1943
15 October
Bonds
Montreal
Water
District
in 1957, $93,000 in
in 1959, $97,000 in
1960, $98,000 in 1961, $99,000 in
1962, $100,000 in 1963, $102,000 in
1964, $104,000 in. 1965, $106,000 in
1966, $107,000 in 1967, $109,000 in
1968, $110,000 in 1969, $112,000 in
1970, $114,000 in 1971, and 1972,
$116,000 in 1973, $118,000 in 1974,
and
$120,000 in 1975, as iy4s.
1956, $91,000
1958, $95,000
revenue bonds
1942
voted at the election held in April
Bonds Publicly Offered — The years'
limitation.
Possessors of
1942
remain unsold.
Ranson-Davidson Co. of Wichita these warrants should make ar¬
1
4y2%
•;
County
ment
March
1
31/2%
.
Hidalgo
1,
1952, and $6,000 in 1953.
maturing in 1950 to 1953,
tional on Apr. 10, 1949.
1969, as 2y4s.
Dated June
in
1945, $6,000 in 1946 to 1949, $5,000
in 1950, $8,000 in 1951, $5,000 in
tion $1,000. The next highest bid¬
der was: Pohl & Co., Edward G.
;•
Due
Apr. 10, as follows: $5,000
on
July
maturing
$816,000
$76,000 in 1945, $77,000 in 1946,
$78,000 in 1947, $80,000 in 1948,
$81,000 in 1949, $82,000 in 1950,
$84,000 in 1951, $85,000 in 1952,
$86,000 in 1953, $87,000. in 1954,
as
3s, and $2,184,000 maturing
July 1, $89,000 in 1955, $90,000 in
reported that
Dated Apr. 10,1944.
Antonio.
to
Montreal
For
$53,000 2M>% semi-annual bridge
refunding, Series B of 1944 bonds
purchased recently at par by
the Van H. Howard Co. of San
1, $8,000 in 1945 to 1947,
$9,000 in 1948 to 1951, $10,000
in 1952 to 1956, $12,000 in 1957
1940
1
improvement
McDonald & Co., of Cleve¬
land, and Reynolds & Co., of New
York, paying a price of 100.08, a
basis of about 1.4005%, as follows:
were
June
1940
%
cago,
(P. O. Halletts-
County
Bonds Sold—It is
$184,000 maturing
bonds: For
1940
4V4%
Debentures
St. Paul
May
15
%
Bonds
1969, as 2y4s.
275,000 gas system
composed
Phelps, Fenn & Co., Stone &
Webster and Blodget, Inc., Paine,
ville), Texas
June
Name of
Municipal Cor¬
poration Issuer
Trust
Lavaca
as
.
.
,
2248—were
p.
awarded to a syndicate
prich & Co., Illinois Co., Chicago,
Kebbon, McCormick & Co., Cruttenden" & Co., and R; N. Eddieman & Co., for $2,040,000, iy4s, at
a price of 100.26.
turing June 1, $4,000 in 1945
to 1949, $5,000 in 1950 to 1962,
„
Corp.,
Boston
First
Co., Chicago, E.
H. Rollins & Sons, R. W. Press-
$125,000 fire stations and equip¬
ment bonds; for $85,000 ma-
bonds, debentures and inscribed
registered stock of the issues listed in the table fol-
or
was:
Northern
Corp.,
Securities
of By-law No. 1735
all of the outstanding
•
der
Of San
GIVEN that the City of Montreal, pur¬
provisions of Article 2, paragraph 9,
1,1944. Denomina¬
The next highest bid¬
$1,000.
RauschPierce & Co., of Dallas, and
Columbian
159,
7—v.
June
Webber, Jackson & Curtis, Hemp¬
hill, Noyes & Co., C. F. Childs &
200,000 bituminous topping street Co., First of Michigan Corp.,f all
bonds.
Due $20,000 July 1, of New York, A. E. Masten & Co.,
of Pittsburgh, Illinois Co., of Chi¬
1945 to 1954.
tion
Antonio, paying a price of
100.037, a
net interest cost of
about 2.369%, as follows:
(By-law providing for the financial reorganization of
Montreal), intends to and will repay on the 30th June
a)
1
2358—were awarded to
the
NOTICE OF INTENTION TO REPAY
V
bonds
of
Dated July
bonds
June 3—v. 159,
$3,000,000 air*
offered for sale on
Sale—The
Bond
port
1945 to 1964.
June 1
Sale—The $400,000
offered for sale on
,
1945 to
1,
340,000 permanent street paving
bonds.
Due $17,000 July
1,
received.
Bond
bonds.
sewer
$50,000 July
1964.
Corpus Christi, Texas
■
er,
5
Due
$160,000 building bonds—v. 159,
2134—it is reported that no bids
were
prior to the 1st May 1944 or any re-
newals thereof.
|
p.
the 15th May 1944;
— and —
The holders of outstanding treasury
J '
of
sanitary
1,000,000
tion with the offering on
which matured on and between'
listed below
issues
the
'
Borger Independent School Dis¬
trict, Texas
No Bids Received—In connec¬
by the City of
annexed thereto
and inscribed or registered stock) issued
Montreal or by the municipal corporations
5
WEST VIRGINIA
a
$500,000 drainage bonds. Due $25,000 July 1, 1945 to 1964.
payment
TEXAS
securities (bonds, debentures
of outstanding
default shall
unless
made in the
thereof.
TO:
The holders
Monday,* Jung 12, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2464
by
a
Canadian
ownership Form G
copies of which
the bank.
be obtained from
@FedFRASER