The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
pus. ADUM
library
*
•
\JRx%. U. 8. fat. Office
Volume 155
New
Number 4083
STATE
yUN 22 1942P
,
MONDAY
(^
i
York, N. Y., Monday, June 22, 1942
AND
CITY
Price 60 Cents
Copy
a
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
taxes
and
remits
the
to
State
San Francisco
(City and County),
Treasurer.
In This Issue
Calif.
5.
The tax levy must be entered
the taxing body, and if not,
the officials are guilty of non¬
feasance and the Attorney Gen¬
by
Corporation News
®
State and
eral must prosecute
bond.
City News •
are
New York
New
Stock
Exchange
Exchange
the
these
issued
^
Bond Offering—Sealed
bids will
which
have
refunded, when collected,
deposited with the State
Treasurer to pay principal and in¬
terest
these State Bonds.
on
bility that this loan will be made
by the RFC is very good.
The
ARIZONA
Arizona
Additional
(State of)
Revealed
bility
information
Fund
Sta¬
The following
sent to us by
Vidrine
Co.
&
of
Since
writing you in reference
$121,000 State of Arizona
Refunding Bonds bearing 3% in¬
terest which we have, and are of¬
the
fering for sale, being the unsold
portion of an issue of $330,000, we
have
some
additional information
addi¬
considerable
which
adds
tional
stability
to
/
the
sinking
fund.
'7
State
The
Treasurer
has
as
of
this date, June 10, 1942, cash on
hand to service these bonds $37,031.18.
The
City
Miami, Arizona,
Treasurer
of
advises that an
additional
$10,000 to $12,000 will
in this month from tax col¬
come
lections which should by
July 1,
1942, swell the Bond and Interest
account to approximately
Fund
$47,000. : The
State
Board
of
Equalization will make a levy in
July for the interest and principal
for the year 1943, which should
provide an additional $15,000, in¬
creasing the
Bond
redemption
fund to $62,000, before Jan.
1,
1943.
Out of this amount the in¬
terest
must
bonds
mature Jan.
be
you can see
sue
paid, and $16,000
15, 1943.
So,
the safety of this is¬
of bonds.
The
RFC
v
made
a
loan
of $9,-
000,000 to the Castle Dome Min¬
ing Co., a subsidiary of the Miami
Copper Company. This open pit
mine is 4 miles south of Miami.
Miami
Van
the
Dyke Copper Company,
they must first show that all taxes
The Miami Trust Com¬
paid.
are
is the holding company and
they owe about $80,000 to $90,000
pany
Phoenix:
to
If this loan is made to
of Miami.
—
was
L.
Kirby
lies on and under the
incorporated limits of the Town
property
Sinking
is
the
only inhabitable
the mine.
This mine
should produce 3,500,000 to 4,000,COO pounds of copper per month.
Here is the most pertinent in¬
in
estimated
Of this amount it
back taxes.
is
that
surely $45,000
and possibly $50,000 will be added
to
the
State
swell
$112,000,
Refsnes,
Ely, Beck & Co. of Phoenix, of¬
fering 103.51 for the combined is¬
sues.
'''w
was
ARKANSAS!
.
Arkansas
(State bf)
Education
its Zxk%
on
standing in
a
Approximately
available
The
for
issue out¬
total of $1,300,000.
$700,000 will be
redemptions.
bond
in
board
said
statement
a
purchases will be made primarily
with regard "to the best interests
of the State's credit" and
chase
will
be
made
no
unless
pur¬
material
the obligations accepted,
right of acceptance or re¬
jection of all
or
any
part of the
carry
over
at least 5 to 8 years
mediate
made
confirmation
to
tenders
quest
Amendment
be placed on the November
giving
the
10%
municipalities
submitting
Fla.
Bond
Payment
Dorado, Ark.
Voted-^-The
$120,000
airport
bonds
said
is
of
purchase
site
have
been
ap¬
proved by the voters.
Pine
Bond
carried, these funds will be placed
the general fund of each mu¬
nicipality.
Miami's share should
that
be better than
vote
$20,000 annually.
are
to
issuance
Election—We understand
the
to hold
City Council
an
on a
election
on
has
voted
June 23, to
$25,000 hospital site
pur¬
By an unlimited ad-valorem
first and prior lien on
the general fund
of the Town of
v77;.\77X-7
If the interest fund is insuf¬
ficient, the State Treasurer must
Sacramento County
~
mento),
School Bond
(P. O. SacraCalif.
Offering
—
Bank.
and
•
Bond
Refunding Contract
to
refund
the
of
A
above
contract
ness
—
the
indebted¬
city has been
signed by Thomas M. Cook &
Company of West Palm Beach,
Fla.
The
debt
will
bonds
will
be
refunded
bonds.
The
be dated Jan.
1,
1942, and interest rates will be
as
follows: 1% for seven years; V/2%
for the next three years; 2% for
the
next
five
years;
4%
3% for the
for the next
5% for the last
five years.
The plan calls for the
principal and all accrued interest
and judgments to be refunded on
a
basis of 55
cents
on
the dollar.
that
bonds
with
will
a.m.
June 22 (today), by T. Fn Pat¬
bondholders
all
matured
having
for
near
principal
and
interest
on
pay
the interest from the general
fund.
levies;
This Section has
the
County
never
collects
been
the
office.
years;
and 5%
West Palm Beach Sch. Dist.
West Palm
(P. CL
Beach), Fla.
The Superintendent
—
Clerk
E.
M.
Tanner, reports that
tenders of
receive sealed
general refunding bonds, Issue of
1936, until July 13, at 8:15 p.m.
ILLINOIS
Blandinsville
School
District
39, III.
Bond
Issue
Proposed
No.
an
The
—
for bond
coupons
Cook County (P. O. Chicago), III.
Warrants Sold—The Illinois Co.
'
of
Chicago
recently purchased
$5,870,000 tax anticipation war¬
rants, as follows:
$1,500,000 at
iy4% interest, $1,505,000 at 1%%,
and $2,865,000 as iy2S.
Council
issue
Moline, III.
Authorized
Bonds
June
on
of
The
—
City
authorized
1
$125,000
an
system
water
construction bonds.
.
Evergreen Park, III.
To Issue Bonds
The village
plans to issue $34,000 4% refund¬
ing bonds.
Dated May 1, 1942.
Denom. $1,000. Due Jan. 1, as fol¬
lows: $2,000 from 1944 to 1954
—
incl. and
incl.
$3,000 from 1955 to 1958
1
'
77:7.
'•V.V
Free port
School
Warrants
Board
of
.;V;7:
District,
Authorized
Education
—
on
f
III.
The
June
2
approved the issuance of $35,000
tax anticipation warrants.
Niantic, III.
Bonds Authorized
—
Council has authorized
Village
an
issue of
$6,000 water system bonds.
approximately bond
principal.
Ormond, Fid.
Refunding
Contract
Signed—
City officials are said to have
signed a refunding contract with
Dec.
considering
$13,000 school building
issue of
receive
terson, County Clerk, for the pur¬
chase of $20,000 not exceeding 5%
semi-ann. Sylvan School District Thomas M. Cook & Co. of West
passed on by the Supreme Court.
building bonds.
Dated June 15, Palm Beach, providing for the
It is copied from the organic law
1942.
Due on June 15; $1,000 in principal indebtedness of approxi¬
of the territory.
formation valuable to the holders
1945 to 1960, and $2,000 in 1961 mately $583,000 to be refunded
of the State of Arizona Refunding
4.
The State is obligated
Prin. and int. (J-D) into straight 30-year callable 4%
to and 1962.
'make the tax levy or additional
3% bonds. All back taxes levied
The bonds are to dated
payable at the County Treasurer's bonds.
place
the next nine years,
thereafter until maturity.
East
Okeechobee, Fla.
Sealed
bids will be received until 10
on
courthouse
jail bonds, issued prior to Jan. 1,
1938, through the Wauchula State
mean
tax.'
three
maintenance bonds.
equivalent to the present
principal debt of the city and will
CALIFORNIA
for
for
This is
chase bond issue,
secured: 7
6%
next five years;
five years, and
Bluff, Ark.
1%
Available—The
of County Commissioners
advising bondholders that funds
new
of the sales tax
in
3.
County (P. O. Wauchula),
into 30-year callable
El
If this amendment is
The Bonds
in
Secretary.
Bonds
collections.
used
be obtained by re¬
at the office of the above
.
Constitutional
of the State
be
may
follows:
J/2*% for the next succeeding two
years; 2% for the next four years;
3% for the next seven years; 4%
Board of Education is
be
of
of prosperity
us.
will %
1, 1943,
callable at any interest pay¬
The interest rates are
and
/
validation.
Hardee
tendered is reserved. Im¬
so
Forms
hand would
like depression without
the collection of any taxes during
this period.
However, we can see
Miami.
Spec. Tax Sch. Dist.
(P. O. Titusville), Fla. ■
Bond Validation Pending—It is
reported by John Nuveen & Co.
of Chicago, that a $288,000 issue cf
refunding bonds is in process of
on
a
a
Co.
No. 4
paid
to
funds
2. Are
Brevard
about
hand
on
the dollar. The
on
to be dated Jan.
are
he will
due
accepted tenders, and
payment will be made on July 1.
1.
May 15 in 1947 to
on
available for payment of
bonds
ballot,
Due
about enough to meet
or
bonds
—
now
be
est at 100 cents
ann.
past
will
and it was the longest
one in the history of the country.
In the event of a like depression
coming, the amount of sinking
will
(P. O. Gaines¬
ville), Fla.
all
interest
Beach, which calls for the
refunding of principal and inter¬
$74,000 3y2% semirefunding bonds sold to Carlberg & Cook of Palm Beach, at
Bond Sale
The $100,000 4%
par, as noted here in January, are
coupon semi-ann. hospital bonds due on
July 1, as follows: $24,000;
offered for sale on June 15—v.
in 1944, and $25,00(1 in 1945 and
155, p. 1961—were awarded to the 1946. Interest
payable J-J.
Phifer State Bank of Gainesville,
Winter Garden} Fla.
paying a price of 105.085, a basis
Sealed Tenders Invited — City
of about 3.50%.
Dated May 15*
Alachua County
are
accrued
West
of
states that the
Board
savings.
B.
Co.
&
of the Board of Public Instruction
no
Ralph
with
contract
Cook
Palm
Maturity
FLORIDA
flat price which would result
a
in
refunding
a
Thomas M.
a
that
bonds, which will
cash
years,
A
provide for partial payment of
maturing loan of $650,000.
there
a
is
6
ahead of
construction bonds. Also approved
was the sale of
$575,000 notes to
1942.
and the
on
Advisory Committee recently ap¬
proved an issue of $175,000 sewer
1962.
Education
into
Contract—City
said to have entered
are
1
Bonds Authorized—The Finance
Invites
of
Bond Refunding
officials
as
Tenders—Bids will be received up
to June 25 by the State Board of
Board
the first 7 years of principal pay¬
ments.
The last depression lasted
during
CONNECTICUT
Bridgeport, Conn.
Jones, Secretary of
the Board of Education, announces
3%
the
Second best bidder
Fla.
ment date.
is
bond and interest fund of
the
the successful bidder
was
The
Cobb, City Treasurer* for the pur¬ Van Dyke Copper Company is, we
chase of the following street im¬ understand, negotiating for an ad¬
provement
bonds
aggregating vance or cash loan to start pro¬
$81,000: $40,000 Series BE, and duction on this mine. The proba¬
$41,000 Series BG bonds.
of
$29,169.18, paying a premium of
$1,038.42, equal to 103.56: $22,931.18, and $6,237.30 bonds.
*
must be
be received until June 23, by J. L.
Co.
Investment
&
following pay¬
ing assessment bonds aggregating
been
-
Bond
Han-
G.
H.
June 10 for the
on
bonds
facilities, and $3,000,000 fire
protection equipment and fire ap¬
paratus bonds.
of
State
as
Sold—The
Phoenix
(See Index Below)
Montgomery, Ale.
bonds
Phoenix, Ariz.
Miscellaneous
old
water
Bonds, and its credit must
be guarded most zealously.
chett
Miami's
held on June 9—v.
155,
2225—is indefinite: $1,250,000
auxiliary
pumping
plant
and
p.
.
^Stuart,
date of sale
a
following bonds aggre¬
$4,250,000, voted at the
payment, the State has
Bonds
ALABAMA
being liquidated be¬
safeguards,
in addition to all
to
the
election
attractive and
are
for
Arizona
Out-of-Town Listed Markets
Unlisted Securities
of
sure
cause
as
Curb
York
bonds
City Controller, that
gating
the said
exchanged.
Boyd,
their
on
State must pay
bonds when so issued.
These
Bond Offering Date Indefinite—
is stated by Harold J.
v"
them
6. The
QUOTATIONS
It
pons on refunded bonds are to be
paid in cash at the time bonds are
1,1940, and all matured
index
~.
Page
Exchange...... 2333
New York Curb Exchange..
2349
Other Stock Exchanges.
2355
Quotations:
New
York
Stock
Unlisted Securities
2360
State and City Department:
Bond Proposals and Negotiations 2321
Gen. Corporation and Invest. News 2362
Redemption Calls and Sinking
Fund
Notices
Dividends
2326
.........................
Auction Sales ......
The Course of Bank
...........
2327
2332
Clearings..... 2361
cou¬ Foreign'Exchange Rates............2332
THE COMMERCIAL & FINANCIAL CHRONICLF
2322
>
■
Bonds Authorized
,
Vi 11 age
r—
ing for payment on July 1,* 5 %
Estherville, Iowa
Oak Lawn, III»
Bonds boiep—it is reported
that
series of 1907
Monday, June 22, 1942
'
f especially' those
Norton
new needs in¬
in v civilian defense" and
bonds, maturing »ont volved*
Bonds Not
Sold—Miller,, KenoCo:v Detroit, and Juran &
Moody, of St* Paul, did not ex¬
ercise their option to. purchase,, as
3%s, at a price of 93, the $190^000 water supply system revenue
bonds
unsuccessfully
offered
April 14.—V. 155, p. 1723.
Y
River view, Mich.
No
■
L.
-
Tenders
Submitted—James
Village Clerk, reports
Hale,
that
,
.
&
wer
,
-
Township (P. O. R. F, D.
1, Muskegon), Mich.
1
No.
There being no de- ]j alsd demanded that "every rea¬
$26,000 airport bonds have been
Council has passed an ordinance
finite numbers called for payment sonable economy. be exercised and
purchased by the Emmet County
authorizing an issue of $34,000 re¬
i the Board will, on the day called that all plans for unnecessary
State Bank of Estherville.
funding bonds.
for payment, draw eight numbers capital outlays of expansions of
!
Fairfield, \ Iowa
of bonds to be called oh said date. city services be put aside."
Pat ton T ownahip (P. O, Patton),
Bonds Sold—City Clerk R. H.
Said .bonds so called-will be
III.
f
Farmingham, Mass.
Spense states that $11,800 funding payable at the Calsarieu-Marine
Bonds Voted—At an election on
bonds
have been purchased; by National Bank of Lake Charles,
.Note Sale—The Merchants Na¬
June 2 the voters approved an is¬
Bank
of
Boston
was
Jackley & Co. of Des Moines.
Jennings,
on
said
date, - and tional
sue <?f $10*,000 bridge construction
promptly following the drawing awarded on June 12 an issue of
Marshalltown, Iowa
.bonds..'',, v ■
• >
/•'■•'".'v.
$200,000 notes at 0.405% discount.
Bond Election—The issuance of of the numbers thereof. Y'T-Y:'
Due
in
installments
of $50,000
INDIANA
$60jOQQ airport bonds will be sub¬
MAINE
each on Jan. 29, March 5, April 29
mitted to the voters at an electron
Evansville, Ind.
and June 4, 1943. Other bids: Sec¬
Other Bids—The $240,000 re- scheduled for June 29, according Cumberland County (P. O.' Portond National
Bank of
Boston,
land),. Me. Y'Y;V': '■
funding bonds awarded June 11 to Anne- McMahon, City Clerk.
0.417%; National Shawmut Bank
Bonds Not Sold—All bids sub¬
to Harris Trust & Savings Bank,
of Boston, 0.46%; First National
mitted
at
a
recent offering
Chicago, and the National City
of Bank of
Boston, 0.54%.
•
'Emporia, Kan,
Bank of
Evansville, jointly, as
$160,000 court house refunding
Bond Election—We understand
bonds were returned unopened', !
Holy ohre, Mass.
• ;
l^s, at 101.839, a basis of about
that
the
City Commission has
because
of a legal technicality.
1.31%—v. 155, p. 2226—were also
Note Sale—The issue of $400,July 1, 1947.
offers
no
ders
11
June
on
tificates
of
received
were
connection with
ten¬
of series A
cer¬
indebtedness,
Oct.
2, 1937, and B,
dated July 15, 1937.
p. 2139.
•
in
the call for
C
—
dated
and
V.
D,
155;
,
called
bid for as follows:
vote
1V2% bonds)—
Rate Bid
John Nuveen & Co., Commerce Union
o
Bank, Nashville, and Raifensperger,
? ' Hughes <fc Co....../.v....... 101.6-7 '
>'Barr Bros. & go; and Milwaukee Ock,
(all for
Bidders
election for June 23, to
an
the
on
of
issuance
$250,000
Issue to mature from 1943 to 1962
000
incl.
awarded
municipal airport bonds.
101-55
Milwaukee
& Co.,
Inc., and
Louis.
of Chicago, and Old
Nat'I Bank, Evansville.......
Northern Trust Co. of Chicago, Braun,
Ripley
Harriman
&
Co.
&
Noycs
.'.—.
Davis
H.
Co.
&
and
First
,
Bacon
S.
F.
100;92
100.91
Moseley Si
First
Co.....
Boston Oovp
of Michigan Corp.
and
McCormick
St
,,
and Kebbon,
100.82
Co.
Forgan & CO. and Lee Higginson Corp.
—..
Stranahan, Harris & Co., Inc
.
Blybh 8z Co., Illinois Co. of Chicago,
and City Securities Corp...
Halsey, Stuart & Co., Inc
Mercantile-Commerce Bank St Trust
Glore,
.
.
100.79
100.68
100.41.
100.40
Oo., St. Louis, and Martin, Burns &
Corbett
—.
'Citizens National Bank, Evansville...
100.13
100.07
Fenn
Ss
Co.,
Inc.,
and
Fletcher Trust Co. of Indianapolis.
100.04
Co.
J
after
transfer
of
most
of
its
properties to the Tennessee Val¬
ley Authority.
Gary, Ind.
j
Bond Sale—The $41,000 coupon
At
the
time,
same
officials of
five western Kentucky municioal-
refunding bonds offered June 15
—lv. 155 p. 2226—were awarded to
the First Bank & Trust Co. of
Green, Hopkinsville, Mayfield, Russellville and
Murray—and of four rural elec¬
ities—Bowling
'
South Bend, as
,
IV2S, at par plus
premium of $477.50, equal to
161.16, a basis of about 1.29%.
trification
Dated June L 1942 and due June
the TVA electric distribution sys¬
tems of the K-T.
YY' >y|y
cooperatives,
repre¬
senting 30 Kentucky and 7 Ten¬
nessee
Counties, purchased from
a
,
:
1, as follows: $10,000 in 1947 and
$31,000 in 1948.
Second high bid
of 100.91 for iy2s Was made by
"
Benjamin Lewis & Co. of Chicago.
>
}
Lebanon, Ind.
Utility Financing Still In Liti¬
gation
In connection with the
—
report in these columns on June
1, page 2050, of the filing on May
18 of
suit in Boone
a
County Cir-
w nue
tion
,
bonds
was
pur-
paid
Boone Circuit
.
ment
passed the title of the dis¬
the city*
of
the
same
New
day, when the payment was made,
the Public Service Co. of Indiana,
Inc., filed a petition for an injunc¬
tion.
The injunction has been
.
tried
before
the
local
court,
has not yet been decided.
'
pect
decision in the
a
The
future.
very
decision
ex-
near
G.
Sale—The $18,000 series
refunding bonds offered June
15—v. 155. p. 2138—were awarded
to the Fletcher Trust Co. of In¬
dianapolis, as iy4s, at a price of
100.033,, a basis of about 1.247%.
Dated June 15, 1942 and due Dec;
15.
1953.
Second
high bid of
102.265 for l%s was made by
Raffensperger, Hughes & Co. of
Indianapolis.
IOWA
were
a
as
v
1
•
Briggs, City
?
v
ceive
.
and
,
$12,000 in 1948.
155,
,
.
'
,;
Duluth, Minn,
r/
Bond Refunding Program—The
city has entered into an agree¬
to
refund $450,000 bonds,
through its.agent, T. G. Evensen
of Minneapolis.- The exchange of¬
ment
fers
deals
1950.
vii.-.. ■
with
two
issues
of
1951,
1952.
.....
1953,
500,COd
500,000.
1,000, COO
.....
1962:
;
1,500,0,0
1,750,000
l,75O.0fO
,
1964,
,'•1965
,
1968'......
1,750,000
1,750,WW
1967......
1954
1955.
$1,500,COO
1961
.....
1,003,000
1,000,000
1,COO,000
.
1956.
1957.
1,750,010
1968......
1,750:000
1969
1,750,000
.1970..;.,,
1971"
1958
1959.
i,5M);oaa
1,500,000
1960.
,,,,
'Y-1972. vV.-;.
son,
C.
Fitts,
Wessenauer,
Chattahooga,
power
manager;
in
the
transaction.
Maryland (State of)
,
22
Commission,
no
reports
will
re¬
June
on
for
power
a
total of
$2,12^,-
distributions
sys¬
receive
City Treasurer, will
J
'
11
a.m.
rates
June
on
$10,000
on
1 from
April
date
-
.
,
1942, will
>
•
the
beyond
to
the
carry
old
extended
maturity
maturities
The
bonds will be accompanied
by the approving legal opinion of
Fletcher,
Barker, ColeMinneapolis.
With the exception of shipping
bonds for exchange there will be
no
expense to
the bondholders.
,
I
1943 to 1952 incl.
f
1947 incl.
to
&
man
35,000 water bonds. Dated April
I, 1942. Interest A-O. Due
$7,000 on April 1 from 1943
';
j,
that
intention of offering,
Dorsey,
Barber
I Interest accrued
by Mayor July 1, 1942.
of
on
the old bonds
Each of the
bonds will have
which will be
designated "A" and "B" coupons.
The "A" coupon will represent
the interest rate fixed in the new
schedule from April 1, 1942 to the
t
hew maturity, and the "B" cou¬
pon will represent the difference
in interest between the "A" cou¬
,
MICHIGAN
increase of $1.40
the 1941 rate of $39*60*
He
an
new
two sets of coupons
and
pon
Tobin at„$41 per $1,000 of assessed
also
• •
1,
85,000 defense bonds. Dated April to April 1, 1942 will be paid in
;
I, 1942.
Interest A-O. Due j cash at the time of the exchange.
/
$17,000 on April 1 from 1943 I The present bondholders will be
to 1947 incl.
I asked to accept in exchange bonds
/
Coupon
bonds may
be ex- having approximately: the same
exchanged if desired for fully average maturity as that of the
registered bonds if presented for whole new issue, but also bond
exchange at any time more than owners will be given an oppor¬
one year
before maturity. Prin. tunity of expressing a preference
and semi-ann. int. payable at the as to maturity, it being the inten¬
First National Rank of
Boston* tion of the city io do its best in
Denom. $1,000.
Legal opinion of satisfying each bondholder in this
'-Y: t
Ropes, • Gray, Best, - Coolidge & regard. : v- /• • ".Y .Y' Y- Y'
present, the $2,000,000 unsold
portion of the original $11,000,0Q0
refunding and improvement bond
issue.
When the initial block 6f
over
.
The" new bonds will be dated
the
for
Due
r.
at
tax rate was announced
ity.
,
J,
100,000 trunk sewer bonds. Dated
April 1, 1942. Interest A-O.
Codd, Chief Auditor of State
Roads
there is
a.m.
purchase of $245,000 date will be as follows: $70,000
due April 1, 1945, 1946 and-1947
coupon bonds, divided as follows:
$25,000 defense bonds. Dated Jan. Rearing interest at iy2%; $70,000
.1,
1942.
Interest J-J.
Due due April 1, 1948 and 1949 bearing
$5,000 on Jan. 1 from 1943 to interest at 1.60% and $100,000 due
1 April 1, 1950 bearing 1.60% int.
1947 incl.
V- :
No Financing Planned—William
A.
11
sealed bids until
1,750,WW
1,750.003
1,750,030
;
involved
Treasurer,
until
interest
23 for the purchase at discount of
i at the rate of
4V2% (which is the
$200,000 current year revenue an¬
present interest rate of both bond
ticipation notes, dated June 25,
issues now being refunded) until
1942, and due March 12, 1943.
the respective maturity dates of
the old issues.
The maturities of
Worcester, Mass.
Bond Offering—Harold J. Tuni- the new bonds and the interest
.
1963. v..
bids
•April
redeemed
be
.
4^%
(the old
interest
to Oct. I, I943„ or Jan. 1^
the maturity dates of the
rate)
1944,
cited the
LOUISIANA
too
severe oh
the City of Boston."
'Bidder—
Mayor Tobin. said that ih plans
Board (P. O. Jennings), La* V
for the year he had insisted- on
Bond Call—John Koll, Presi¬ adequate provision "to meet, the
Ztys,
.
dent of the School Board, is call-
,
'(
■
.
'<
»i; j;
>'
.:
1'
.
'
.
1
1
1
*1
^
t;
essential
needs
of
-our
-citizens,
r
>'
.
Int. Rate Rate Bid
Paine, Webber & Co..,..,....
Stranahan, Harris St Co;, Inc.
Jefferson Davis Parish School
pri^e of 100.166, accordr
ing to the Cityt;Clerk.
par—V.
■
:
Moines,
to
$300,000
300,000
400,000
.....
valuation,
purchased by the Carleton
paying
at
as
Muskegon Township School Dis*
bonds being refunded.
The pur¬
approval given by
tricl Ho* 2 (P. O. Muskegon),
pose of establishing two sets of
State
Tax
Commissioner
■':.Mick,
Long,
taling $473,500 to the Authority
coupons is to make the new bonds
who termed the $41 rate "an in¬
for their properties*
Other Bids—The $35,000 build¬
mere easily salable and the own¬
The TVA retained former K-T telligent tax rate" and "of .sufr ing bonds awarded June 0 to Don-:
ers are informed that the "B" cou¬
properties valued at $942,500 in¬ ficient amount to cover not only ovanr Gilbert & Co. of Lansing, as
pons may be detached prior to
cluding transmission lines* gen¬ all the possible charges of 1942, l%s, at a price of 100.232, a basis
but in addition making certain of about 1.68%—v. 155, p. 2227— maturity of the bonds without af¬
erating plants and Substations/
fecting the legality of the new
that the impact of 1943 will not be were also bid for as follows:
bonds offered for
June 15—v. 155, p. 2226—
D. Beh Co. of Des
1949.
operatives transferred checks to¬
.
;
1948. •;
tems in their respective localities.
Officials of the four rural co¬
revenue
on
O.
000
Corning, lowct
Bend Sale—The $60,000 water
sale
follows:
as
are
had
Gordon R.
were
William
TVA checks for
...
works
purchasers
2228—are due
follows: $12,000 in 1945, $13,000, 1946 and 1947
$9,000,000 Was sold in September,
1941, the Commission covenanted
Rugg of Boston will be furnished
that no attempt would be made to
the successful bidder.
Bidder to
ties under the terms of the Pub¬ sell^Uie balance of the bonds
prior name a
single rate of interest for
lic Utilities Holding Company Act to
Oc^.1,1943, according to report., the bonds, expressed in a multiple
for a total of $3,588,000.
A check
of y4 of 1%. A certified check for
for this amount was presented the
MASSACHUSETTS
'
;
1% of the bonds bid for, payable
old K-T board of directors today.
■■■'/•;
Boston# MassC y " '//T !'T to order of the city, is required.
In turn the mayors of the five
Tax Rate Increased—The 1942 Delivery to be made on or about
Kentucky cities turned oyer to the
•
,
t
.
directors
Jo¬
seph C, Swidler, Knoxville, TVA
counsel, and Philander P. Claxton,
Chattanooga, TVA attorney.
•
TVA purchased K-T's proper¬
Bond
•
directors-
TVA acting
Muncie, Ind.
,
TVA
Jr
Knoxville, TVA general, counsel;
«■
i
the
solution;
probV,.' ably be followed by an appeal to
the Indiana Supreme Court.
As
stated above, John Nuveen & Co.
has purchased and now holds the
;'vv B
The bonds
being
riod of time it took to effect dis¬
will
bonds."
sioners of Finance.:
co¬
Clapp,' Knoxville, TVA general
manager, who served as president
of the utility during the brief pe¬
but
We
directors
new
the discretion of the Commis¬
at
.
Court, which pay¬
tribution. system to
"In the afternoon
local
p:
bonds; the first being a park bond
issue of
$50,000, dated Oct. 1,
1913, ; due Oct. 1, 1943, bearing
4^% interest, and the second is¬
sue
being * a general refunding
tional
Ban k v of
Boston
was
bond issue, dated Jan. 1, 1941, due
1972.
awarded on June 16 an issue of Jan. 1, 1944, bearing 4y2% inter¬
The interest rate is not to ex¬
The city council of Duluth
ceed 5%.
Interest payments will' $25,000 notes at 0.578% discount* est.
"The Home ; has concluded to make this offer
be made semi-annually on-, Feb. Due June 24, 1943.
National Bank of Brockton, next of exchange to present bondhold¬
15 and Aug. 15..
Any portion or all of the bonds highest bidder, named a rate of ers at this time, it being unani¬
mously agreed that approximately
may be registered or not regis¬ 0.63%.
this amount of bonds have to be
tered and all or. any portion of
Taunton, Mass.
refunded anyway prior to maturthem may have coupons attached,
Note
Offering — Howard
A.
Authority to float the loan was
granted by the General Assembly
been elected to the' board they during the 1941 session. The Pub¬
lic
Improvement
Commission,
then voted dissolution of the con¬
which has charge of all capital im¬
cern.
Y-Y^Y^yYYY
Directors of the K-T replaced provements, is having, appraisals
made of the land needed in con¬
were Ferguson, J. J. Dugan, Bowl¬
nection with the construction of
ing Green, secretary-treasurer 6f
the reservoir.
the utility; B. J. Sauppee, Bowling
Options will be taken on it as
Green; P. R. Lawson, New York,
as
they • can be secured.
President of the Associated Gas soon
eighty-three
properties
& Electric, and A. T. Gardner of About
New York.
JY •• containing about 7,700 acres, are
to the City of
Lebanon.
The
City thereupon
paid $210,000 to the Clerk of the
money
rural
quickly by the TVA.
After
chased by John Nuveen & Co. and
the
.
with
named
$285,000 utility purchase bond is¬
Roscoe Hollingsworth, At¬
torney for the city, recently re¬
ported as follows:
sue,
of
and
city
officials
were
busy
signing stacks of contracts, checks
and deed's,
R. H. Ferguson, of
Bowling Green, President of K-T,
which was.a subsidiary of the
|
Associated
Gas & Electric
Co.,
called
a
directors'
meeting
at
which the board resigned in rota¬
cuit Court attacking validity of a
issue
tne
operative
'
"Said
County Auditor
states that the $50,000 iy2% semiann* ditch refunding bonds sold to
,
Phelps.
■
County (P. O.
Mankato), Minn.
Maturity—The
•
101.14
Co;
&
Earth
.
101.33
W. Pressprich
Whipple- & Co.
Paul
Flans $32,000,000 Water Issue—
Sponsored by^ the administration, 0.46%; Second National Bank of
T.•1.;;
proposed
$32,000,000 water Boston, 0.46%.
July 1, the outstanding $49,000. the
43/4 % school building bonds, dated loan was introduced June .15 in
Lowell, Mass.
Jan. 1, 1937, at the County Treas¬ the City Council. If it is approved
Price Paid—The $450,000 1%%
urer's
office
in Harlan.
Bonds by the legislative body and the
! relief bonds recently offered for
numbered 14 to 62 inch - Interest city voters in the general election
public investment by Lee Higginin November, the bonds will be
ceases on July 1.
•
ison Corp. and Robert Hawkins &
sold to pay for the construction of
| Co., jointly, as reported in v. 155,
Kentucky (State of)
a new dam on the Patapsco" River.
p. 2138, were originally sold by
TVA
Acquires
Properties
of
According to the ordinance, the the
city to the First National Bank
Two-State Utility—A news dis¬
loan
is
to run for
twenty-five of
Boston, at a price of par, ac¬
patch from Louisville on June 10
years and the first block of bonds
cording to John J. Flannery, City
reported as follows:
is to be redeemed Aug. 15, 1948.
Treasurer, ;
The board of directors today
If the entire issue is sold by the
dissolved
the
19-year-old Ken¬
Randolph, Mass.
Commissioners of Finance the last
tucky-Tennessee Light & Power
Note Sale — The Second Na¬
series will be redeemed Aug. 15,
101.52
.
Co.
/vR
Blue
29, 1942. Other bids:
Park: National
Bank,
Holyoke,
County Fiscal
calling for payment on
is
MINNESOTA
was
Shawmut
and due Dec.
Baltimore", Md.
r
*
Call—The
Bond
Court
101.53
Co.,
Hemphill,
Spencer Trask
St
and
Peabcdy
«
\
Indianapolis
and
Co.
St
Bosworth
Bond- St Share Corp—
Kidder,
v
'
Nat'l Bank
•
Harlan County (P. O. Harlan), Ky.
101.54.
Nab'l Bank of St.
Boatmen's
First
MARYLAND
KENTUCKY
.
16
June
National
to
Bank of Boston, at 0'.44%, interest
to follow.
Dated June 16, 1942,
-
"
offered
notes
,
National-
Lumbermen'^
Muskegon
It
%W/o
Bank
,-•••••'
Ctouse; Bennett, Smith & Co.
'McDonald: Moore & Hayes.,'
bonds.
'
100.32
4%
'
i
is the hope of the council
.£aI
that all bondholders will co-oper¬
ate
in
the
refunding program
la
which will be declared .operative
;
2V#
3:^
^
•102.38.
July: 1,'1942; or sooner, pro¬
on
vided the city council at that time
concludes
that
the amount' of
bonds then on deposit for ex¬
,
change justifies this
funding program.
•'
;
proposed re¬
.r
v,
t
1
;
regarding the of¬
fer of exchange should be directed
to Mr. E. W. Lund, Finance Com¬
missioner of the City of Duluth,
or
Mr. T. G. Evensen, 716 First
Any questions
National-Soo Line Building,
Sch.<Dist.'No. 1
(P' O* Butte}, Mont. J m
'f:
Bonds Sold -r The $218,689.51
semi-ann.
refunding bonds,, of¬
fered for sale on June 15—V; 155;
p. 1963—were purchased by a syn¬
dicate
composed" Of. Edward L.
Burton & Co,, First Security Trust
Co., Continental National Bank &
Trust Co., all of Salt Lake City;
Wells-Dickey Co., of Minneapolis;
Kalman & Co.; of St. Paul; Peters,
Writer & Christensen, of Denver;
First National Bank & Trust Co.,
of
Minneapolis; "First National
Bank, of St. Paul; Piper, Jaffray
& Hopwood, and the Allison-Williams Co., both of Minneapolis,
and Harold E. Wood & Co., of St.
Paul, as 2 y4s,' paying a premium
of $1,000 equal to 100.457, a basis
of about 2.165%.Due July 1, as
follows$15,689.51 in 1943 and
$14,500 in 1944 to 1957. Bonds ma¬
turing after Jan. 1, 1950", will be
Silver Bow County
Min¬
neapolis, Minn. ;;
v:
%
v
A bid received on March 30,
1942, for $450,000 general refund¬
ing bonds of the city was rejected
by the city council on April 13.
.
2323
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4083
Volume 155-
Board, which upheld the street < improvement assess¬
appeal by the city, ruled for¬ ment bonds must be not less than
mer
State Tax Commissioner J. $73,400 and not more than $74,400.
H. Thayer Martin erred
in ap¬ The price bid for the sewer as¬
ThefvState
an
praising the property of the seven
railroads for 1939 taxing purposes
bonds
sessment
must
be not less
than $20,000 and not more than
The price bid for the
reduction of $21,000.
$9,832,333 -.under 1938, and repre¬ water bonds must be not less than
senting a -flat 10% cut on land $9,000 and not more than $10,000.
assessments and VA% on struc¬ The price bid for the sanitary
at.i
$105,124,051,
a
method used by the other
in
resulted
last
passage
utilities
of legislation
specifically stating that
year
the
lead-in
not
to
be
or
service
wires are
considered part of the
total
length of line running over
private property.
' , >..
The
case
brought
and
90
before the
board was
Montclair,
by
other
Millburn
municipalities rep¬
sewer
assessment bonds must be resented by Herbert J. Hannoch
v„'
■■
of Newark, Jersey City and Dover
Mr.'Martin, the board ruled, not less than $3,500 and not. more
han $4,500. All of the issues will also joined in the suit.
had
granted "a uniform hori¬
awarded
to
the
bidder
on
zontal percentage reduction from be
Newark, N. J.
primary sound values fixed by whose bid the total loan may be
Tax Collections Set New Rec¬
him" and thereby had failed to made at the lowest net cost to the ord—A new all-time tax collec¬
perform a duty to '"make a sep¬ Dorough, computed as to each bid tion record has been established,
arate
and ; independent
annual by adding to the total principal with more than 50% of taxes for
tures.- r;;-;
^
of
each
particular" amount of bonds which the bidder the entire year collected in the
offers to accept the total interest
piece of property assessed.
;
first five months. Collections from
will
be"" paid
under the
The property involved as sec¬ which
Jan. 1 to May 31 were $23,847,926,
;erms of the bid, after deducting
ond class railroad property of the
Clerk F. R. Finch, until July 6,
or 50.44% of the year's anticipated
from said interest the amount of
Lehigh Valley, Central of New
for the purchase of $15,000 1%
income,
according
to
an
an¬
cash premium, which shall not ex¬
flood repair bonds.
Jersey, New York Central, Dela¬
nouncement
June
13 by Mayor
Callable on
ware,-; Lackawanna
& Western, ceed $1,000 as to each separate Murphy.
any interest payment date after 1
This
was
$4,390,053
New York, Susquehanna & West¬ issue. In addition to the price bid
year from date of issue.'.
greater than the amount collected
redeemable in full on any interest
the purchaser must pay accrued
in the same period last year. Pay¬
payment •-date from
and after ern, Erie and Pennsylvania.
interest at the rate borne by the
The State Board, in a separate
V
MISSISSIPPI
ments on account of the current
7i/2 years from the date of issue
bonds from the date of the bonds
decision, affirmed a 1939 tax levy
year's tax levy totaled $18,948,489
Clay County (P. O. West Point), and prior to maturity at par and
to the date of payment of the pur¬
of $18,262,134 on
all classes of
during the five-month period, or
.'V..'-v Miss.
accrued interest.
1
'
chase price. Principal and interest
property of all major railroads
50.67% of the amount anticipated
Bond
Offering — Bids will be
payable at the Manville National for the entire
nebraska
operating in the State. The lines
year.
received until July 6 by the Clerk
All of the bonds
had requested reductions in the Bank, Manville.
of the County; Board of Super¬
Ainsworth, Neb.
Union Beach, N. J.
will be general obligations of the
levy, which was based on Martin's
visors, for the purchase of $15,000
Refunding Assents—At the June
Bonds Sold—It is reported that over-all assessments.
borough, payable from unlimited
«' V
general obligation hospital pur¬ the $8,500 semi-ann. airport bonds
ad valorem taxes.
Proposals are 8 meeting of the Local Govern¬
chase bonds, approved recently by
Manasquan, N. J.
desired on forms which shall be ment Board it was reported that
originally offered on April 24,
the voters.
Interest rate is not have since been purchased by the
< Bond
Offering—Annie B. Ap- furnished by the borough.- Deliv¬ holders of 91% of the outstanding
Rochester, Minn.
^
Offering—It is reported
that bids will be received by City
Bond
evaluation
,
to
exceed 3%,
nually.
Pike
-
Magnolia),
Miss.
Bonds
Sold
—
;
The
..
' v;.
-
following
3%'% bonds aggregating $43,652.85
are said
to have been purchased
by Max T. Allen & Co. of Hazlehurst; $21,152.85 funding; $14,500
Second Road District refunding,
ceive
23/4s at par.
as
County (7V O.
'
',
payable semi-an¬ Wachob-Bender Cdrp. of Omaha, pleget, Borough
<
~
Plattsmouth Sch. Dist.
v
*
''
s$2|
Spec.} Road
Dist.(P. O. Bloomfield), Mo.
Bonds
Purchased—The Munici¬
Corp. of Alton states
that they have purchased the fol¬
lowing 3^%; bonds aggregating
$21,500, from Albert Theis & Co.
of St. Louis, who handled the dis¬
trict's refunding operation. ^ The
pals Bond
8
,
p.m.
(EWT):son June 29 for the pur¬
$25,000 not to exceed 6%
chase of
of
—
-
Amount
proposed municipal im¬
t and -equipment
bond
has been cut from the orig¬
the
provement
issue
inal figure
interest
of $250,000 to $200",000,
of the Finance Com¬
\ "V,
bonds
mission.
bonds
tions
NEW JERSEY
Bayonne, N. J.
or
on
after
July 1, or as soon there¬
they may be prepared.
as
>
/ J;
bonds had agreed to
the provisions
plan.
of the scheduled refunding
The
legality of the bonds will be
approved by Caldwell, Marshall.
Trimble & Mitchell of New York,
whose
new york
.
Albany, N. Y.
Bond Sale—The $1,792,000 cou¬
,
approving opinion will be
to the purchaser with¬
furnished
pon or registered bonds offered at
certified public auction on June 16—v. 155,
p. 2140—were awarded to a syn¬
the bonds, payable to the Borough dicate composed of Phelps, Fenn
a single rate of interest, expressed
Treasurer..
.■
& Co., Inc., Graham, Parsons &
in a multiple of *4 or l/10th of
Co., both of New York; Boat-,
"New Jersey (State of)
1%;-* Prin. and int. (J-J) payable
men's National Bank of §t, Louis;
Utilities'1 Lose
Tax; Decision—
at the Manasquan National Bank,
Gregory & Son, Schwabacher„.&
Manasquan. : The price for which New Jersey municipalities may Co., R. D. White & Co., Minsch,
collect an additional $1,500,000 in
the bonds-may-be sold cannot ex¬
Monell & Co., all of New York,
ceed $26,000. " Purchaser to pay taxes from four public utility cor¬ and the State Bank of Albany, as
accrued interest from date of the porations on the basis of a de¬
1.80s, at a price of 100.16, a basis
at the request
.
coupon
ery
out
Enclose
charge.
The
obliga¬
of the borough and the ap¬
of
date
to
are
;
delivery.
unlimited
tax
proving legal opinion of Reed,
Hoyt, Washburn & Clay of New
York City will be furnished the
•
,
cision filed June
Board
of
a
of the par value of
check for 2%
-
Manchester, N. H.
Bond Issue Reduced
Zeda
*
f
1942.
Missouri
v
NEW HAMPSHIRE
$8,000 Fifth Road District re¬
funding bonds.
Dated April 15,
and
"
until
registered
Bonds Voted —At an election beach
improvement bonds. Dated
held on June 9 the voters are said
July 1, ,1942. Denom. $1,000. Due
to have approved the issuance of
July 1, as follows: $2,000 from
$15,000 school bonds by a wide 1943 to 1947 incl. and $3,000 from
margin.
",
'
.,f
1948 to. 1952 incl.- Bidder to name
and
Crowder
(P. O,
Plattsmouth), Neb."
Clerk, will re¬
bids
sealed
Tax
,
11 by the State
Appeals.
The de¬
cision affects Public Service Elec¬
of about 1.78%.
Sale consisted of
the following:
$478,000 debt equalization bonds,
1942
series, issued for the
purpose of equalizing or re& Light and New Jersey Power &
V
ducing the annual debt serv¬
Light.
It holds that the utilities
ice.
Due June 1, as follows:
may
not include the length of
$5,000 in 1945; $28,000 in 1946;
service wires to homes and other
$35,000 in 1947 and 1948, and
buildings as part of the total
$75,000 from 1949 to 1953 inch
length of their lines in computing
514,000 refunding bonds.
Due
their franchise taxes.
June 1, as follows: $24,000 in
The tax is levied upon the utili¬
1943; $20,000 from 1944 to
ties by the State and apportioned
1951 incl., and $30,000 from
among the municipalities on the
1952 to 1962 incl. ;
basis of utility properties in each
400,000 water refunding bonds.
taxing district. In 1940 total col¬
Due $20,000 on June 1 from
lections from'the franchise
tric
&
Gas
Co., New Jersey Bell
Telephone, Jersey Central Power
a
The^City
successful; bidder.
A
certified
Commissioners on1 June 2 passed check; for
$500, payable to order
transaction was a par for par ar¬
on
final " reading ordinances au¬ of the
borough, is required; V * "v
rangement as a like amount of
thorizing the issuance of $370,000
original5 Vz % - bonds were ' sur¬
y Man villa, N. ' Jr:'
rendered for the refunding issue port terminal bonds and $9,000
; Bond Offering — Alexander P.
and a like amount of matured in¬ park improvement bonds.
Peltack,, Borough Treasurer, will
terest was surrendered for the in¬ Camden County (P. O. Camden),
receive; sealed bids until. 8 p.m.
terest refunding issue:. <
N. J.
(EWT) on June 23 for the pur-,
Bonds Authorized—The Board
chase of $105,900 not to exceed
$17,500 refunding bonds. > Due on
May 1; $1,000 in 1948 to 1951, of Freeholders on June 16 passed 6% .interest coupon or registered
on
final reading an ordinance to
and $1,500 in 1952 to 1960.
bonds, as follows:
levy
issue $85,000 not to exceed 6% in¬
1943 to 1962 incl.
4,000 interest refunding bonds.
$73,400 -street improvement, as- paid by the four companies were
* *
Due $1,000 from May 1, 1944 terest improvement4 bonds.
200,000 water bonds. Due $10,000
"sessment .bonds. One bond for about $5,200,000.
1
on June
1 from 1943 to 1962
; to 1947 incl. n
Cliffside Park, N. J.
A step used in computing the
$400, others, $1,000 each. Due
incl.
Dated May 1, 1942.
Interest
Proposed Refunding Issue—The
July 1, as follows: $15,000 tax is to multiply total receipts of
150,000 public works bonds. Due
from 1944 to 1947 incl. and; the company by the total length of
Borough Council recently passed
payable M-N.
June 1, as follows: $30,000 in
on
first reading an ordinance to
lines on public property and to
; $13,400 in 1948.
Wright Sch. Dist. No. 35 (P. O.
1943, and $40,000 from 1944 to
issue
$194,000
3%%
refunding; 20,000 sewer assessment bonds. divide this figure by the length
*.
Clayton), Mo.
1946 incl.
bonds, to mature from 1950 to
"i- Denom. $1,000. Due $4,000 on of all lines running over both pri¬
;
Bond Sale Details—The District
r 50,000
municipal
equipment
1956 incl.
July 1 from 1944 to 1948 incl. vate and public property.
Clerk states that the $23,000 2%
bonds. Due $10,000 on June 1
The utility companies included
9,000 water bonds. Denom. $1,000.
Fair Lawn,- N. J.
■
semi-ann. refunding bonds sold to
from 1943 to 1947 incl.
Due $1,000 on July
1 from the lead-in wires to homes as part
Proposed
Bond
Issue — The
the Mississippi Valley Trust Co.
The bonds are dated June 1,
1943 to, 1951 incl.
of the length of their lines run¬
of St. Louis, as noted here in Borough Council has passed on
3,500 sanitary sewer assessment ning over private property and by 1942, and were reoffered to yield
March, are due as follows: $2,000 first reading an ordinance to issue
v bonds.
One bond for $500, thus having a higher figure with from 0.50% to 1.85%, according
in 1945 to 1949, $3,000 in 1950 to $3,800 street improvement assess¬
Other bids at the
others, $1,000 each. Due July which to divide, reduced their to maturity.
1952 and $4,000 in 1953.. All of ment bonds.
auction were as follows:
:.yi, as follows: $1,000 from 1944 taxes.
the bonds carry a provision that
Bidder—
Int. Rate Rate Bid
Fairview, N. J.
The decision of the tax boards
to 1946 incl. and $500 in 1947.
Nat'l
City
Bank
of
New
they may, at the option of the dis¬
Proposed Refunding—A tenta¬
holds this was improper and that
York,
Bankers Trust Co.
trict, be called on any interest tive proposal of the borough in¬ .' All of the bonds will be dated
of New York, Blytii & Co.,
Rate of interest to the 1940 taxes must be set aside
Goldman,
Sachs
&
Co.,
paying date on or after one year volving a refunding issue of about July lr 1942.
Eidredge & Co.
and the
be expressed in a multiple of V\ and new computations made.
from the date of such bond.
Illinois Co. of Chicago—
1.80100.15
$200,000, designed to level off debt or 1/lOth of ,1%.;; Bidders; may
Estimates of fiscal officials are
Haisey, Stuart & Co., Inc.,
service payments during the next
Stone & Webster and Blodmontana
jiame
a.single rate or different that the decision, which may be
get, Inc., E. H. Rollins &
four years and stabilize the;1 tax
rates of interest for said issues of appealed to the courts, would re¬
Sons, and Associates......
1.90^
100.63
Lewis and Clark Co. Sch. Dist.
rate, has been referred by- the
Lazard Freres & Co., Blair
bonds, but if different-rates of in¬ quire Public Service to pay $870,Sr.
Co.,
Inc., B.
J. Van
No. 1 (P. O. Helena), Mont.
Local Government Board .to its
terest are named a single rate of 000 more, New Jersey Bell Tele¬
Ingen
Si
Co.,
Inc.,
and
Bond Sale — The $100,205.50 auditor for study, according to re¬
Associates
1.90%
100.13
interest must be named for all of phone, $540,000; Jersey Central,
Lehman
Bros.,
Manufactur¬
semi-ann. refunding bonds offered port.
=
ers
& Traders Trust Co.,
(he; bonds of each separate issue. $115,000 and New Jersey Power &
for sale on June 15 — V. 155,
R.
W.
Pressprich & Co.,
AU proposals must be for all or Light, $12,000.
Jersey City, N. J.
and Associates
1.90$
100.10
p. 1963—were awarded jointly to
Public Service, it was said, al¬
Wins
Rail <Tax
Appeal—The none of said issues, and proposals
the Northwestern National Bank
Beacon, N. Y.
for separate issues will
not be ways paid until 1940 on the com¬
&
Trust Co., Piper, Jaffray & city stands to gain $475,688 more
Bond Sale—The 1$90,000 coupon
in railroad taxes under a ruling; considered. The. bidders must state putation' method upheld by the
or
Hopwood,both of Minneapolis, and
registered funding bonds of¬
Spokesmen for the
June 16 by the State Board of in- the proposal the price which tax board.
the Union Bank & Trust Co. of
fered June 17—v. 155, p. 2140—
will- be paid for each issue, and corporation said that it used the
Tax Appeals.
were awarded to Wood, Struthers
Helena, as 13/4S, paying a price of
The ruling raised the city'sT939 the least amount.of.bonds of each method that had been followed by
& Co., of New York, as 0.90s, at
100.573, according to the District
which
will
be
accepted the other utilities to force an issue
tax
on
waterfronts propertytof issue
Clerk.
Purchaser agreed to fur¬
a price of 100.093, a basis of about
the and have all pay on the same
seven railroads from $5,094,013 to; therefore,- commencing - with
nish the printed bonds and legal
0.865%.
Dated June 1, 1942 and
basis.
Its action in adopting the
$5,569,701.
;
\ ?
; first maturity.-- The price bid for
opinion.
Bonds
Authorized
—
j*.■*:.-*
-v
-
.
•
'
'
^
.
1
•
r
-
•
-
•
,
-
^
.
-
,
>
.
.
.
Publishers, 25 Spruce Street, New York, BEekman 3-3341. Herbert D. Seibert, Editor and Publisher:
(general
and advertising issue) with a statistical issue on Monday],. Other
& Smith, 1 Drapers' Gardens, London, E.C. Copyright 1942 by William
Act of March 3, 1879. Subscriptions in United States and Possessions,
Mexico and Cuba, $29.50
year; Great Britain; Continental Europe (except Spain), Asia, Australia
remittances for foreign subscriptions and advertisements must be made in New York funds.
■%
and Financial Chronicle (Reg. U. S. Patent Office) WilliamiB. Dana Company,
Dana Seibert, President; William D. Riggs, Business Manager/ Published twice a week [every Thursday
news
Chicago—In charge of Fred H. Gray, Western Representative/Field Building (Telephone State 0613). London—Edwards
B
Dana Company. Reentered as second-class matter February 25, 1942, at the post, office at New Yorkr/N. Y.punder the
$26.00 per year; in Dominion of Canada, $27.50 per year. South and Central-America,-Spain*.
per
and Africa, $31.00 per year. NOTE: On account of the fluctuations in the rates of exchange,
Commercial
William
offices-
THE COMMERCIAL & FINANCIAL CHRONICLE
2324
due
June
1,
in
Hawkins
Harris
C.
Tr.
Childs
P.
Sherwood
I%
1%
Bit..-..
&
Co.
and
Co...;..;
Savings
&
&
100.01
100.16
100.063
1.10%
1.20%
100.14
Par
;<
denying the plan, which was sub¬
with Council approval.
city's
per
more
than
mitted
on the conference
Albany, Mr. Milligan said it is
his belief that - the Comptroller's
O. Plattsburg),
'
Morhous,
Bond Offering:—C. M.
(EWT),
sealed bids until
on
June 29, for the purchase of
$600,000 not to exceed 6% inter¬
est
precedent
or. registered funding
follows:
•
as
wish
not
by
r
to
create
a
like
in motion.
Officials gained
*"'/.■
pal Research.
prove
from, fiscal view¬
point, the lower trend in city per
Mr.
caused by
;
•
Milligan's proposed plan
the refunding of $2,000,-
of
calls for
of
the
fall
due
The
bonds would
to
years.
which
bonds
000
Federal Government to absorb all
V
to
1961 incl.
501,600 series B bonds. One bond
for $600; others $1,000 each,
v:
Due July 1, as follows:
$21,600 in 1943; $21,000, 1944 to
$31,000 from 1952 to 1961 incl.
the bonds will be dated
All of
.
■■'■■■
3y4%.
The
are
seven
be replaced
by
;
?
only
difference
operation of the plan
V
■
the
interest
Nov.
The bonds are un¬
limited
tax
obligations of the
county and the approving legal j
opinion of Reed, Hoyt, Wash¬
burn & Clay of New York City
1, 1941.
not presented
trol."
ficials
declined
to
furnished
be
the
successful
bidder. A certified check for $12,-
tion
to absorb man¬
power released from war indus¬
tries."
' •' '
1
programs
Fiscal
At
Year
000,
payable to
order of the
County Treasurer, is required. J ;
months
five
of
the
current
represented an increase of
1.325%; over
collections in the
similar
period of 1941. -Third in¬
stalment
of
the
current
year's
levy is due on June 30.
Collections of the current city
tax
Jan. 1 to June
l, .this year,.totaled
leaving $7,807,336 of
tax levy of $16,724,647
$8,917,310,
follows:
1942
rationing, which
still to be collected.has greatly reduced the state's
From Jan. 1 to June 1, 1941,
revenue from the gas tax, and a
Glover8ville, N. Y,'
the collections totaled $9,127,078,
; Bond Sale—The $73,400 regis¬ 25% reduction in personal income
leaving $8,427,257 of the 1941 tax
tered school refunding bonds of¬ taxes, the state will end the pres¬
ent fiscal year on July 1, with a levy, or $17,554,335 uncollected.
fered June 11 were awarded to
-Delinquent taxes collected in
Wood,
Struthers
&
Co., New surplus of approximately $35,000,- the first five months of 1942 were
ooo.
.;.f yv.4: '.v---v. V-tfiYork, as 1.30s, at 100.017, a basis
This greatly exceeds all esti¬ reported as $420,667. Collection of
of about 1.296%.
Dated July 1,
mates made by Governor Lehman delinquent taxes last year during
1942.
One bond for $400, others
the
five - months'
period
was
and will pave the way for further
$1,000 each. Due July 1, as fol¬
gas
-
lows:
$7,000 from 1943 to 1952
and $3,400 in 1953. Prin.
and int. (J-J) payable at the City
Chamberlain's office, with New
York exchange.
The bonds are
unlimited tax obligations of the
city and will be approved as to
legality by Dillon, Vandewater &
Moore of New York City.
Other
incl.,
bids:
•
and
C.
R.
awarded
100.15
coupled
100.34
1%%
100.18
Malone), N. Y.
the
to
Traders
Trust
IV4S, at
a
were
Manufacturers
Co.
&
of
1.24%.
Dated
June
1,
1942.
One bond for $600, others
$1,000 each. Due June 1, as fol¬
lows:
$1,600 in 1943; $2,000 in
1944 and 1945, and $1,000 in 1946
and 1947.
Prin. and int.
(J-D)
at the
Bank, Malone.
Citizens
National
The bonds
tax
obligations of the
approved as to
legality by Dillon, Vandewater &
Moore of New York City. Other
were
follows:
as
Bidder—
National
Bank
100.11
2%%
100.09
Par
Rochelle, N. Y.
Refunding
By State
Rate Bid
of
...........,........
New
1.60%
1.90%
Plan
Not
Approved
Comptroller—The State
Comptroller's office at Albany has
declined to approve Councilman
Herbert P. Milligan's plan to re¬
fund $2,000,000 in bonds over a
period of 30 years, it was learned
June
4
from
an
155,
p.
when
officials
Albany
returned
conference.—v.
877.
tax
gas
last
"as
revenue
year.
with
since
went
to
has
Roosevelt
President
Means Committee, called attention
to the fact that the state's reve¬
nues, outside of the gas tax, were
running ahead of the Governor's
estimates.
He
time that the
predicted at that
have
state would
a
surplus of about $22,000,000 at the
end of the current fiscal
Governor
provision
Lehman
in
his
1942-43
for another 25%
income
tax
year.
made
has
budget
reduction in the
next
year.
He
pro¬
posed continuation of the income
cut
learned
reach
at
next
that
year
the
least
when
it
was
would
at the
surplus
$20,000,000
end of the present fiscal year.
Republican
legislative
leaders,
certain that their party again will
control both houses next year, are
already
for
studying
further
1943
tax
anxious
for
on
places
by the
They have been
Legislature.
the
various
reduction
time to repeal
unincorporated
business and they also would like
to
tax
make
a
income
taxes
100.208
1.10%
100.19
1.10%
100.1598
1.10%
100.1591
1.10%
100.08
»>—** oo
100.06
1.10%
15,
Nassau
Noyes
Trask
Rollins
H.
and
-8r,
F.
-
.
&
&
terest
as
Rate Bid
1.90%
Co.
Par
,
.
«
...
,
2.10%
•
Newburger, Loeb & Co.......' 2.10%
>
•
100.42
100.52
100.42
Trust
2.20%
2.20%
2.20%
Buffalo........
Co.,
<
v-
ter states that the
offer for
Westchester County (P. O. White
.
•-
1
Plains), N. F.
■'
.
Debt
At
11-Year
-
said
amortization
he
as
of
water
Notes
1.20%
100.16
Manufacturers
Bros.,
Trust
Traders
Oo.
and
Kean, Taylor & Co^.....
Halsey, Stuart & Co., Ihc...
Sachs
Goldman,
Estabrook
&
Co.
Co.
of
Blair &
Inc., and Bacon,
Co.,
Stevenson
&
Trust
Co
Co.
of
construction
$
Sold—The Citizens Bank
of Henderson is said
Maxton, N. C.
Notes
'
Sold—The First National
Bank of Waynesville is said to
have purchased $10,000 bond anti¬
cipation notes at 3y2%, plus a
premium of $5.00.
Due in one
-
;
..
yC&S*
as
$87,740,000." It mounted
was
000,000 in 1933 and reaching the
peak of $106,000,000 in 1936.
-
Reidsville, N. C.
Bond Election—The issuance of
the $100,000 airport improvement
bonds anthorized recently-^V. 155,
1936
the
economy
pro¬
2229—will be submitted to the
p.
.
After
voters
for
pression, began to make itself felt
at
an
scheduled
election
July 21, it is said.
instituted early in the de¬
•.
Rutherford
County (P. O. Rutherfordton), N. C,
>
Bond Sale
The coupon semiann. refunding bonds offered for
"
and
there has
been
Yonkefs
:
steady de¬
a
cline
ex¬
—
sale
Municipal
Housing
Au¬
;
the
11 award of $2,396,000
refunding bonds to an
account jointly headed by Leh¬
man
Bros, and Phelps, Fenn &
Co., Inc., on a net interest cost
basis
A
of
2.06%—V.
155,
/
to 1964.
.
learn
we
were
that several
submitted
follows:
at
other
the
bids
sale,
as
Blyth &
Weil, Roth &
Cincinnati, at a price
net interest cost of
divided as follows:
and bridge bonds as
3V4s. Due on May 1 in 1959
-
2229,
p.
June 16—V. 155, p. 2229—
awarded to the
Irving Co. of
of 100.01, a
about 3.19%,
$70,000 road
June
series
on
were
thority, N. Yi
Other Bids—In connection with
18,000 general bonds as 3s. Due
;
?
on May 1 in 1959 to 1963.
'
32,000 school bonds as 3V4s. Due
on May 1 in 1959 to 1963.
.
•<
Co., Inc., First
Corp. and Smith, Barney
NORTH DAKOTA
& Co., and associates bid for $2,Grand Forks Park Diet.
(P. O.
371,000 bonds on a 2.06%; Shields
Grand Forks), N. Dak.
&
Co., Hemphill, Noyes & Co.,
Bond Election—The issuance of
Hornblower & Weeks, and others,
bid for $2,300,000 bonds at 2.09% $12,000 3% semi-ann. swimming
cost, and Goldman, Sachs & Co., pool bonds will be submitted to
Boston
Graham, Parsons & Co., Estabrook
&
Co., and others, bid for $2,224,-
000 bonds at 2.16%
Bonds Publicly
bonds
reoffered
were
the voters at
30.
an
election
on
June
-
basis.
Offered
OHIO
—
at
The
Amherst,
prices
Ohio
Bonds
Authorized
Village
99V4, ac¬
Council on June 5 approved the
cording to maturity. The net of¬
issuance of an additional $25,000
fering met with a ready demand,
to $40,000 bonds in order to com¬
and
according to the syndicate
managers, all bonds were sold out plete construction of the munici¬
of the account before the close of pal electric generating plant. Pro¬
ranging from 0.30%
business
on
—
to
the day of the award.
ceeds
of
the
bonds
will
be
used
to
purchase the equipment need¬
ed to place the plant in operation.
NORTH
CAROLINA
New
York
Marine
100.07
line
purchased $6,000 bond an¬
ticipation notes at '2%%, plus a
premium of $14.17.
;
site
and
Oo....
Trust
Bankers
&
city intends to
the near future
The
gram,
.
to have
$2,779,000 county
the county airport
be converted into bonds.
1931
,
;;;;;;
& Trust Co.
completed
for
given
^ 1
Farmerville, N. C.,
tificates of indebtedness for $300,000
in
$230,000
bonds due June 2.
may
in
The
—
county debt is now at its lowest
point in 11 years, County Fi¬
nance Commissioner Frederick G.
Schmidt
sale
bonds.
-
Low
made
-;V
t
100.04
,,
been
-
r't
.
date called unless
have
Charlotte, N. C.
*
Bond Offering Contemplated—
The City Treasurer L. L. Ledbet-
100.48
R. D. White & Co.........
Roosevelt & Weigold, Inc...
Manufacturers'
&
Traders
on
shall
(This notice supersedes the call
report given in our issue of June
15,—V. ;155, p. 2229.) J
, .
~
.
2%
100.26
vi/
2%
.
100.13
Buffalo
of
Co.
ceases
the payment thereof.
Bank,
Chapman...,
&
Co.
and
Childs
Sherwood
Bank, New
City, for payment and must
be accompanied by Aug. 1,
1942,
and all subsequent coupons.
In-?
York
;.
were
Int. Rate
.
Nat'l
;
bonds should be presented
to the Chase National
default
Centre
Marine Trust
100.19
& Co. and
& Co.....
Sons, Inc.,
&
Coffin & Burr
Lehman
.
..." Said
;
.
dp Pont & Co. and
Chisholm
C.
.
County
Rcckville
.
.
.
.
Francis I.
bids
Other
1942.
Bidder—
100.04
Co...........
Spencer
E.
Ashtabula
Bryson City, N. C.
Bond Call—It is stated by E. H.
Buffalo
County
(P. O. Jefferson), Ohio
Bond Offering—W. W. Howes,
Clerk of the Board
of County
Corpening, Town Clerk, that the
following bonds are being called
for payment on Aug. 1, at par and Commissioners, will receive sealed
South
Corning (P. O. Corning),
bids until 1:30 p.m.
accrued interest:
(EWT) on
N. Y.
1.
$265,500
utility
refunding July 6 for the purchase of $30,000
Bond
Offering — Howard M.
bonds, dated Aug. 1, 1937, due 4% delinquent tax bonds. Dated
Clark, Village Clerk, will receive
sealed bids until 3 p.m. (EWT) on Aug. 1, 1967, bearing interest at a Aug. 1, 1942. Denom. $5,000. Due
rate scaled from 3%% to 5%%; on Aug. 1, 1943. Bidder may name
June 25 for the purchase of $10,said bonds are numbered from 1 a different rate of interest, pro¬
000 not
to exceed 5%
interest
to 287, inclusive, and in denomi¬ vided that fractional rates are ex¬
water improvement bonds. Dated
nations as follows: Bonds Nos. 1, 3, pressed in multiples of V4 of 1%.
July 1, 1942.
Denom. $500.
Due
6, 57, 66, 76, 86, 96, 106, 119, 132, Payable at the County Treasurer's
$500 on July 1 from 1943 to 1962
office.
A certified check for not
incl. Bidder to name a single rate 145, 154, 168, 182, 196, 210, 224,
less than 1% of the issue payable
of interest, expressed in a mul¬ 239, 242, 243, 246, 247, 250, 251,
254, 255, 258, 259, 262, 263, 266, to order of the County Commis¬
tiple of y4 or l/10th of 1%.
In¬
sioners, is required. Bonds will
terest J-J. The bonds will be gen¬ 267, 270, 271, 274, 275, 278, 279,
;
282, 283, 286 and 287 are in the be ready for prompt delivery,
eral obligations of the village, pay¬
denomination of $500 each; and
Bazetta
able from unlimited ad valorem
Township Rural School
all other bonds of said issue and
District (P. O. Cortland), Ohio
taxes.
Legal opinion of Dillon,
now being called for redemption
Bonds Sold—The $4,000
Vandewater
&
Moore
of
New
heating
are in the denomination of $1,000
York City will be furnished the
system repair bonds authorized at
and
R.
D.
White
Salomon Bros.
Co...
1.20%
100.15
& Hutzler....
&
1.20%
100.07
•>
successful
check
some
in
&
Hemphill,
small
cut
Rate Bid
1.10%
Harris Trust & Savings Bank
ex¬
Washington in
Loeb
ger,
fact,
state
follows:
as
Int. Rate
•».;
Weed, Struthers & Co..'.....
C.
F.
Childs & Co., Sher¬
wood & Co. and Newbur-
same
This
reduced
~
,
1.20%
Bidder—
1932 and
left the state $100,000,000 in debt.
After the last Legislature ad¬
journed, Assemblyman Abbot Low
Moffat, Chairman of the Ways &
tax
Int. Rate
Peoples Trust Co. of Malone
George B. Gibbons & Co...
Malone
2229—were also bid for
by
tax
gas
penditures, will make possible the
largest surplus that the state has
are un¬
and will be
Citizens
the
other taxes have held to the
had
Buffalo, as
price of 100.02, a basis
about
bids
the
reduce
J
,
Ingen & Co., Inc., both of New
York, jointly, as Is, at 100.139, a
basis of about 0.97%—v. 155, p.
dropped sharply in recent months,
1.40%
l\'s%
ment bonds offered June 11
town
of
While the
level
Sale—The $7,600 coupon
registered general improve¬
limited
share
based
was
rationing of tires
would
and
Co.
&
& Sons, Inc..;
Malone (P. O.
payable
state's
100.268
Bond
of
gasoline
1.40%
Oo...
&
Co
&
Rollins
or
and
be about $15,-
That estimate
the belief the
100.31
Buffalo
of
Co.
White
Blair & Co., Inc.............
;
on
Rate Bid
Traders
&
Childs
P.
000,000.
1.40%
D.
Sherwood
R. H.
' Int. Rate
Co
Marine Trust
:
v;
.
Manufacturers
Trust
his executive budget to the Legis¬
lature last January he estimated
the surplus would
,
t
Rome, N. Y.
Other Bids—The $294,000 bonds
awarded June
11 to Stranahan,
Harris & Co., Inc., and B. J. Van
$60,000,000 by June 30, 1943.
;
Bidder-
■■■a
$477,573.
reduction in state taxes next year.
When the Governor submitted
now
being called for re¬
demption are in the denomination
of $1,000 each.
dated April
since, with amortization
during the five months, from ceeding new bond issues,,
the
Despite
1946 and 1947.:
steadily, each year, passing $100,-
Collections
year
$35,000,000—Albany: press ad¬
issue
■;!
-
Higher—Has¬
first
Surplus Estimated
as
:
Marks, City Treasurer, re¬
ports that tax collections for the
Tax
(State of)
vices of June 16 noted
incl.
follows:-
.
New York
37, 38, 39, 40, 41, 42 and 43.
in the denomination of
$500
each; and all other bonds of said
are
county's present debt was
$87,225,936. The debt in
1930 was about $54,000,000 and in
kell H.
earlier plan.
,
will
certed drive for postwar construc¬
his
approve
36,
a
con-
As against this payment new
borrowings amount so far to only
capita $229,000, although temporary cer¬
debts may be reversed, "by a con¬
when the State of-,
_
bureaucracy
rent downward trend in per
.
100.02,
which he has but slight con¬
She suggested that the cur¬
over
which bonds in future years would
1,
his
in
.
local
(the citizen)
city has been
swallowed by a vast
be sold.
;;
/
,• .
' ■■
1942. Bidder to name a
Director of Finance Walter J.
single rate of interest for all of
Brennan and
City Auditor Ed¬
the bonds, expressed in a multiple
ward J. Glick accompanied Mr.
of Vi or 1/ 10th of 1%. Prin. and
Milligan to Albany.
They con¬
int.
(J-J) payable at the Mer¬
ferred with Harry
O'Brien and
chants' National Bank of Platts¬
Charles Yates of the Comptroller's
burg. Issued pursuant to Chapter
office.
1
.'.'t
838 of New York Laws of 1942, to
Mr. Glick had a draft of a more
fund notes representing part of
drastic
refunding program sug¬
an operating deficit of the county
It was
which had ^accumulated prior to gested by Mr. Milligan.
July
find that
may
at
rates
the
"when it is too late,
to-year basis would be that only
estimate
of
much Federal assumption of con¬
struction in cities, declaring that
year-
a
major portion
a
construction program."
She also
warned against the danger of too
the
in
on
or
$300,000 in bonds would be sold
year
and officials
cannot
1950 incl.; $23,000 in 1951, and each
"
-
in the next
the "decline in the rate
growth of cities, the precarious
financial situation of many larger
cities and the willingness of the
20-year bonds which he estimates
would sell at interest rates of 2J/2
-
re¬
plan,
year-to-year basis,
Sale
; All. of the bonds are
or¬
duction may be
that; the
refunding
.
1.697%.
6,000 series B bonds.; Due April
.V- .15, as follows:
$1,000. from
:,
1943 to 1945 incl., and $1,500
According to Ro-
Mohaupt Of the research
ganization, desirable as debt
the impression,
price of
a
about
1961
cities
sina
-
$98,000 series A bonds.- One bond
$400, others $1,000 each. Due
July 1, as follows: $4,400 in
1943; $5,000 from 1944 to 1957
incl., and $6,000 from 1958 to
.
American
Comptroller's
on a longcapita debt reduction "has serious
might ap¬ consequences." \
''/ a aw;>
Mr.v Milligan's plan on a ;; She said decreases have been
however,
term
of
was
municipal indebtedness prepared
by the Detroit Bureau of Munici¬
approving of the
cities and coun¬
to put refunding
at
basis of
sisted-of:
:,■,■■■.;■l'"
Average — The
capita debt dropped $38,000 series A bonds. Due $2,000 on April 15 from 1943 to
7.1% last year, while
debt
net
1,70s,
as
Higher
reduced only 4.6%,
according to the annual report on
many
would
schemes
coupon
bonds,
the
.'-.V
Reduction
General
generally
receive office, while frowning
Treasurer, will
11 a.m.
County
does
plan, since
N. Y.
V
Rochester, N. Y.
Debt
Than
ties
Clinton County (P.
•
approving nor
office
100.056
1.20%
'
1941
•
at
100.05
2% 1
National Bank
;
expected to receive a
the State Comptrol¬
from
Commenting
1%
1.10%
1.10%
Halsey, Stuart & Co., Inc..,
White, Weld & Co.........
Manufacturers
&
Traders
Trust Co., Buffalo
Geo. B. Gibbons & Co., Inc.
Marine Trust Co. of Buffalo
Rishkill
Rate Bid
100.29
100.08
1%
Co
&
letter
ler's office neither
Int. Rate
Int. Rate
Bidder—
Robert
$30,000
Other bids:
1946.
Officials
$20,000
follows:
as
from 1943 to 1945 incl. and
Monday, June 22, 1942
for
bidder.
A
certified
$200 is required.
Valley Stream, N. Y.
Sale—The $44,000 coupon
registered bonds offered June
Bond
or
12—v. 155, p. 2140—were awarded
to
the
Valley Stream National
larger than the 25% recommended
Bank & Trust Co., Valley Stream,
by the Governor.
each.
the
2.
$34,500 street and utility re¬
funding bonds, dated Aug. 1, 1937,
due Aug. 1, 1967, bearing inter¬
est
at
a
rate
scaled
from 3%
Bonds. Nos.
18,
22, 28, 29, 30, 31, 32,
19,
March
the
20, 21,
10
election
were
sold
State Teachers Retirement
System.
to
5V2% being Nos. 1 to 45, inclusive,
and in the following denomina¬
tions:
to
Cleveland, Ohio
Bond
Offering — Joseph T.
Sweeny, Director of Finance, will
receive sealed bids until
33, 34, 35, July 8 for the purchase
noon
of
on
$2,-
4%
800,000
THE COMMERCIAL &
Number 4083
Volume 155
refunding
coupon
bids until noon on June
100.58; Seasongood & Mayer, l%s, of $130,000 recently voted by the
100.02; Provident Savings Bank above city was approved by Mac
&
Trust
Co., 2s, 100.17; Assel, Q. Williamson, Attorney General.
20 for the
payable from taxes purchase of $4,000 4% fire depart¬
bonds.
Dated
unlimited as to rate or amount; ment: apparatus
Dated Aug. 1, 1942.
Denom. $1,- Sept. 1, 1942. Denom. $200. Due
000. - Due $280,000 on Nov. 1 from $200 on Sept. 1 from 1943 to 1952
Interest M-S.
A certified
1947 to 1956 incl.
Bidder
may incl.
bonds of 1942,
different rate of interest,
a
name
provided that fractional rates are
Vi
multiples of
in
expressed
of
1%. Prin. and int. (M-N) payable
Irving Trust Co., New York
at the
Supreme
(State
;
School
bid for,
decision, the Ohio Supreme Court
June
10
seemed
to
"clip
the
payable to
wings" of the school forces of the
City Treasurer, is re¬
State, according to local press ad¬
quired. %•: 'v/. y:\
vices. The insistence of this group
No bid will be entertained un¬
was
that their minimum levies
the
of
bonds
ished
tor
on
a
blank form furn¬
application by the Direc¬
of Finance.
Conditional bids
on
will not be
in the event that
prior to the time
held," however,
in an
opinion by Chief Justice Carl V.
Weygandt, concurred in by all the
other Judges except Judge Gil¬
bert Bettman, who did not partici¬
bonds
said
from
derived
court
The
city notifies the purchaser it
is ready to deliver said bonds, the
income
<
manda¬
tory and could not be reduced by
the County Budget Commission.
the
shall be made subject to
taxation
by the United States, by Act of pate in the case, that the action
of the County Budget Commission
Congress or otherwise, the pur¬
"in approving a minimum rate of
chaser of said bonds may, at his
school tax levies is directory and
option, elect to withdraw his of¬
not mandatory."-. 77;7-,;77
fer to purchase and refuse deliv¬
The
decision
asserts that the
ery of said bonds.
r
; V
commission must use its discre¬
The proceedings relative to the
issuance of said bonds have been tion, taking account of the needs
of other units of the government.
taken under supervision of Squire,
The case was watched closely and,
Sanders & Dempsey, Cleveland,
whose approving opinion can be though it comes from a relatively
district
in, Columbiana
obtained by the purchasers at small
their own expense.
Delivery of County, applies in all other parts
of the State.
bonds to be made on or about
Judge Weygandt says that to
Aug. 3, 1942, at any bank in the
hold that the Budget Commission
City of Cleveland, designated by
has no discretion would make of
the
purchasers, or at a bank
the setup for adjusting taxes an
agreed upon by the purchasers
and the Director of Finance.
;
f empty formality. He added that
the Budget Commission would be
A full transcript of the proceed¬
compelled to give approval to tax
ings will be furnished to the suc¬
levies without taking into account
cessful bidder.
1
"
the actual needs of the district.
At the request of the owner,
Judge Weygandt adds "this hardly
coupon bonds may be exchanged
was the intention of the Ohio Gen¬
for bonds registered as to princi¬
eral Assembly."
pal and interest.
Coupon bonds
also may be registered as to prin¬ Paint Township Rural School Dis.
cipal
only,
and thereafter i- be
trict (Pi O. R. F. D. No. 2,
transferable to bearer.
Beach City), Ohio
Fiscal
Operations Favorable—
Bonds Voted
H. E. Herman,
-
,
.
. •
,
t
,
r
Bond
be
until
8
p.m.
.
.
:
;
Toledo, Ohio -'V
:4'.
■/
These bonds
—
for
required.
the
Bond
J
land,
for
be
furnished
bidder.
of
2%
A
the
of
direction
bond
a
opinion
attorney
to the legality
be procured by
as
of the bonds may
the
purchaser at his expense,
y
University Heights, Ohio
4
The
Bond
suc¬
000
t
if not the full $1 a
demanding, which would
are
Southeastern Rural School District
day they
(P. O. Richmond Dale), Ohio
Bond Offering —- Sealed bids
add
$800,000 a year to the payroll. will be "received
by the Clerk-of
'Pay
increases
also are. being, the Board of Education until noon
sought by virtually every other on
July 1 for the purchase, of $4,group of city employees. .. ..
800 6% equipment bonds, r Dated
Harrison, Ohio
/■ July 1, 1942.
Denom. $100. Due
r
Bond Sale —The- $6,000 sewer $300 on March 1 and Sept. 1 from
sale
on
ed
to
as
Is.
June 12 and
bonds offered June
—; were
at
of
price
a
1943
A,.
100.98,
as
-•
follows:-
Bidder—
Weil,
Pohl
»: r
Roth
&
Oo..
Provident
Trust
&
..
.
June
Due
..
&.
•
•
•_
Co.100.17.
'r-
Bond
■
int. Rate Rate Bid
.2%
100.11
r;';v-2%
100.04
Bank
LaRue, Ohio
Offering—Carl Whitman,
'Village Clerkrwill receive
.u>-rt'toihUK t'U
.
&
National
Co..
Board of Educa¬
.
f ;
.
Price
of Finance
000
r
Okmulgee, Okla.
Paid—The Commissioner
states
the
that
defense
were
1943
Edwards, Inc.-,' and the First Na¬
tional Bank & Trust Co., both of
Oklahoma City, at a net interest
r-rv.-t 155, .p. 2054—were - awarded
"cost-of about 1.99%—v. 155,-p.
to Stranahan, Harris & Co., Inc.,
2141—were purchased at a price
asT%s, at a price of 100.63, a basis of
"par. y.
V :
of about 1.64%. Dated May, 1, 1942
Shawnee,- Okla.
and due $2,000 on Nov. 1 • from
Bonds; Approved tt We* under1943 to 1952 incl.": * Other bids:
.
_
a
„
..
__
-.2:?' tirzrji. < 4 El
,
cO la
i
.7
v,
I i.l
incl.
1947
to
June ■11
Prin.
int.
and
tax
The bonds
obligations
of
city and the approving legal
opinion
of
Storey,
Thorndike,
Palmer
&
Dodge
furnished
be
der.
Other
were
as
First
will
bidr
bids,
also
;
Perry
DAs*
'
7.^.'7'V-i
Bank
&
&
Estabrcok
for
.
r.
National
Arthur
of Boston
successful
the
follows:
Bidder—
Clio
;
of
i-.......
.
7
:
Rate Bid
Boston......
..............
100.567
100.53"!
Co...
Co.
Sch.
100.47
—
1942.
1943
No.
9
(P. O,
Due
and
on
;
March 1:
1944, $1,500
$1,000 in
in 1945 to
1954, $2,000 in 1955, and $3,000 in
1956. Interest payable M-S.
Fletcher
Sch.
Dist.
No.
16
(Pi O.
Bennettsville), S. C.
2%
Sold—A
$12,000 issue of
is said to
purchased recently at
par by McAlister, Smith & Pate
of Greenville. Dated Jan. 1, 1942.
%. refunding bonds
have
$1,031.55
K.
908.E0
.........
Dist.
Clio), S. C.
~
.1
Bonds Sold—A $22,000 issue of
3% refunding bonds ; is said to
have been purchased recently, at
par by McAlister, Smith & Pate
of
Greenville.
Dated
March
1,
Bonds
been
843.00
Due
Co.......
827.00
1948 incl.
Stuart & Co., Incr;.
Dclnhin & Co., Inc., Rambo, Keen,
Close &
Kerner, Inc., and George
617.55
W.
H.
Newbold's
Son
........,
Inc.,
&
and-
Halsey,
E. >Snvder
M.
M.
&
Freeman
&
434.70
Inc
ford
Mahanoy City School District, Pa.
as
the date for the sale of
issue of
an
Sold—No bids
Co.
of
Columbia, is said to
100.07, a net interest cost of about
2.85%, on the issue divided as
follows:
$16,000 as 3s, due on
$98,000 refunding bonds.
Not
;
purchased recently $25,000
refunding bonds at a price of
Olyphant School District, Pa.
Bonds
Dist. No. 47
have
Bond Offering—July 7 has been
set
City Sch.
(P. O. Lake City), S. C. ;
7
Bonds Sold—The H. G. Craw¬
460.00
Co.,
$2,000 on Jan. 1 in 1943 to
Interest payable J-J.
Lake
„
Co..
1947,
April 15; $2,000 in 1943 to
were
$110,000 not to $3,000 in 1948 and 1949; the re¬
maining $9,000 as 23As, due $3,000
exceed 4V2% interest coupon re¬
on April 15 in 1950 to 1952. Dated
funding and funding' bonds of¬
April
15,
1942. - Interest
pay¬
fered June 16—tV. 155, p. 2230. "
received
for the
able A-O.
Penn
(P.
Pa. -
O.
Township
V*
.
7
Verona),
McColl, S. C.
i '
';v.. 'v
/
Bonds Sold—A $50,000 issue of
Plans -Bond Issue—The Board
3% refunding bonds is said to
of
Commissioners" recently " in..
Y
have been purchased recently by
.
,
_
.
^
k
,i S
offered
the
Hemphill,
S.
bonds
unlimited
are
Parsons
Inc.,
0.65%^
awarded to Robert Hawkins
tional Bank of Boston.
cou¬
.....;......,......
MacGregor,
0.59%„
(J-J) payable at the City Treas¬
urer's office, or at the First Na¬
Premium
&
0.585%,
Boston.......
(plus $18 prem.)
Co. of Boston, as IV4S, at a
price of 100.669, a basis of about
1.02%. Dated July 1, 1942. E^nom.
$1,000. Due $5,000 on July 1 from
follows:
Apnlegate
of
Bank
&
Other bids, all
Singer, Deane & Scribner
Harriman, Ripley & Co.,
airport and water works ex¬
..
-
G.
Other
Newport, R. I.
Bond Sale—The $25,000 civiliari
$250,-
•
.
Glcver
was
Inc........,..;.,!.,....,
Halsey, Stuart & Co.
sealed-Ryan,—Sutherland Sc Go' l^&'stand that' an airport bond issue structed-the Township Solicitor ..toil
KC""8. ili-v.
Interest M-S;
payable
Co.
$100,-
12
Discount
First
I Cunningham & Co., Inc., and Geo.
:
,
Struthers, Ohio
Bond Sale—The $20,000 coupon
fire station bonds offered June 13
;
Irving Co.."...
Savings
;
$18,000 in 1946 to 1950
$9,000 in 1951..
tension bonds sold jointly to R. J.
15,
;
•
order of the
to
»1942j and due $600 on Oct. 1 from
'1943 to 1952 incl.* Other bids were
«•
incl.
basis of tion's required,
a
Dated
1.818%.
1950
to
A certified check for $48,
Cincinnati as 2s,
White & Co. of
about
12—v. 155, p.
;. awarded.to... J,
and
award¬
were
City Treasurer E. W. Groh
'
,2141
&
:
Enid, Okla.- •> '•
Bonds Sold—City Clerk F. K.
Beekman states that $99,000 water
extension bonds were-offered for
$115,000
Graham,
of
June
SOUTH CAROLINA
Bidder—
and
v
\
Blair
a
were as
issue
offered
Bidder—
basis of about 1.57%.
Datecf July 15, 1942 and due July
15, as follows:' $12,000 from 1943
to
1947
incl. and
$11,000 from
Co.
Sale—The
notes
;
I.
1942, and due Dec. 2, 1942.
Phillips, Schmertz & Co. of Pitts¬
burgh, jointly, as l%s, at a price
&
R.
pital Trust Co. of Providence, at
0.53% discount.- Dated June 12*
general obligation refunding
16—v. 155, p.
l%s,
ISLAND
awarded to the Rhode Island Hos¬
Noyes & Co. of Philadelphia, and
for
authorized the
Cranston,
bonds offered June
Blair
$200,000 bonds.
RHODE
check
Altoona School District, Pa.
'
pre¬
sinking funds of
$15,000 improvement bonds.
PENNSYLVANIA
1952 incl.
New
City Council to
ough Council has
purchases
1948 to
of
retirement from
.
100.91,
Co.
South Williamsport, Pa.
To
Redeem
Bonds—The
Bor¬
-
of
Trust
legislation providing for an
pare
bids:
1966—were awarded to
was
for
of
States
issue of
June 15—v. 155, p. 2054—were
awarded to Atkinson-Jones & Co.
pon
bidder
total
ized by the
Sale—The $40,000 semirefunding improvement, se¬
Bond-Sale—The
the
Scranton, Pa.
,
even
the
on
Successful bidder will re¬ $125,000 airport site purchase and
for the entire year,- t>.<\
;v ceive and pay for the bonds with¬ improvement bonds will be sub¬
V The payroll figures were cited
in 20
days of the time of the mitted to the voters at an election
as
better depicting the situation
award.
A full transcript of the on June 23, it is said.
than the totals. Of $12,827,041 ap-;
legislation and proceedings will
fO''' Durant, Okla.
•propriated for payrolls, $5,344,600
be furnished for
the approving
Bond Offering—Sealed bids will
would be first five-twelfths, but
opinion of • Squire,
Sanders & be received until 8 p.m. on June
only $5,245,125 was spent. > % % 1
Dempsey of Cleveland, or other 23, by Jessie Duncan, City Clerk,
:
As two favorable factors • ap¬
bond attorneys to be designated for the
purchase of $75,000 air¬
pearing in the picture,; it was
by the successful bidder. .
port bonds. Award will be made
pointed out that tax collection is
to the bidder offering the lowest
running 100% for the first half Richfield Township School District
rate of interest and agreeing to
of the year, and also that
the
(P. O. Swanton), Ohio
Due $3,500 in 1946 to
Note Offering—Sealed bids will pay par.
•county " auditor -f has;- certified ; a
$23,958,550 addition T to the tax be received by the District Clerk 1965, and $5,000 in 1966. A certi¬
fied check for 2% of the amount
base which should net the city until noon on June 25 for the pur¬
bid is required.
'
^
chase of $1,474.52 not to exceed
$180,000 more than expected. ,
On the darker side, it was noted 4% interest second series-refund¬ ; (An issue of $150,000 was origi¬
nally .scheduled for the sale on
.that some pay adjustments for po¬ ing notes. :.
r":'"t* 7 V-',;V !
June 16—v. 155, p. 2229.)
v,
\
lice and firemen is almost certain,
and
Co., all of New'
Bonds Authorized—City Solici¬
tor Jerome I. Meyers was author¬
Bond
quired.
Trust Co.
Trust
,
—
represents
Bank, Guar-v
York, which bid a rate of 0.54%,:,
plus $2.10. The entire $20,000,000'
notes bear date of June 24, 1942
and mature on Sept. 30, 1942.
ries of 1942 bonds offered for sale
.
York
United
?>•'. Bond Call—Roy J. Madden, Di¬
rector of Finance, calls for pay¬ of Portland, at a price of 100.11, a
ment on July 1, 1942, at par and net interest cost of about 1.30%,
Spending
at a- rate i definitely Clerk of the Board of Education,
accrued interest, all outstanding on the bonds divided as follows:
within its-' means, the city apreports that the voters approved refunding bonds,series 1938-A, $20,000 as 1V2S, due $4,000 on Aug.
proaoched the middle of the year an issue of $8,000 not to exceed
Nos. 1 to 170 incl., dated July 1, 1 in 1943 to 1947; the remaining
in good financial shape, it was
Vh%1 interest construction and 1938, and due on July 1 from $20,000 as "t IV4S, due $4,000 on
shown by figures issued June 15
equipment bonds, to mature semi¬ 1943 to 1952 incl.
Bonds will be Aug. 1 in 1948 to 1952.
by Finance Director Joseph T, annually on April 1 and Oct. 1 redeemed at the office of the Di¬
Waverly Heights Rural Fire Pro¬
Sweeny.
' >
.
'
•/
from 1943 to 1946 incl.
rector of Finance.
tection Dist. (P. O. Oregon
Of the $16,619,925 appropriated
Ravenna, Ohio
City), Ore.
OKLAHOMA
to the city's general fund at the
Bond Offering—Sealed bids will
beginning of the year, a total of ; Bond Offering—P. W. Jones,
T.
Chickasha, Okla.
be received until 8 p.m. on June
$7,255,989 had been spent up to City Auditor, will receive sealed
Bond Sale—The $50,000 hospital
bids until noon on June 24 for the
the end of May, leaving $9,363,936
25, by R. M. Ireland, Secretarybonds offered for sale on June 11
Treasurer of the Board of Com¬
for the last seven months.
While purchase of $40,000 3% sewerage —v.
155, p. 2141—were purchased
this spending rate is a bit ahead of system improvement bonds. Dated
missioners, for the purchase of
by Calvert & Canfield of Okla¬
the $6,924,000 which would be the July 1, 1942. Denom. $1,000. Due
$5,000 not to exceed 3Vjj% semihoma City, at a price of 100.0275.
ann.
improvement bonds.
Dated
first five-twelfths of the appro¬ $5,000 on Oct. 1 from 1943 to 1950
incl.
Interest A-O.
A certified Due; $5,000 in 1947 to 1956 incl.
July 1, 1942. Due $500 from July
priation, it was pointed out that
check for 2% of the bonds, pay¬ "■Clinton, Okla.
1, 1945 to 1954 incl.
part of it in the "requirements
Bond Election—The issuance of
able to order of the city, is re¬
contracts"
,
National
$19,000,000
$20,000,000 notes
offered by the housing authority!
on
June 17, naming an interest,
rate of 0.60%, plus a total pre¬
mium of $51.38.
The balance of
$1,000,000 notes went to the Union ,
Salem, Ore.
ann.
headed by
&
York, and Pittsburgh banks,
of the
required. All proceedings incident
bonds bid for, payable to W. F.
to
the
proper
authorization of
Darnielle, Treasurer, is required.
this issue will be taken under the
whose
Chase
New
value
par
group
Bank
Manufacturers
ap¬
the
certified
'
,
anty Trust Co., Bankers Trust Co.,
successful
Dalles (P. O.
Dalles), Ore.
will
1/
•
Y.
Sale—A
Chemical
the
Offering—Sealed bids will
cessful
>
Trust Co.,
York, and consisting of the
National City Bank of New York,
be received by
for, payable
■
t
New
L
the
of
t
*
.
N.
yy;!';' 0y
to order of the
Commissioner of the Treasury, is
bid
.
Note
June
on
were
,
providing
of $500,000 sanitary
construction bonds.
1
of
Klein,
Rudy
ordinance
an
issue
Pittsburgh Housing Authority,
H. G. Miller, Sec¬
retary of the Board of Commis¬
City Auditor, will receive sealed
sioners, until 11 a.m. on June 23,
bids until noon on July 7 for the
for the purchase of $150,000 gen¬
purchase of $1,279,500 3% coupon
eral' obligation
bonds.
Interest
refunding bonds of 1942. - Dated
rate is not to exceed 6%, payable
Aug. 1,. 1942. One bond for $500,
semi-annually. Dated July 1,1942.
others $1,000 each.
Due Nov. 1,
Coupon bonds, maturing $5,000 on
as
follows:
$79,500 in 1944, and
July 1, 1943, and $5,000 on Jan.
$120,000 from 1945 to 1954 incl.
and July 1 thereafter, from Jan.
Bidder may name a different rate
1, 1944 to Jan. 1, 1958, all incl.
of interest, provided
that frac¬ Bids will also be received
by W.
tional rates are expressed in a
F. Darnielle, Commission Treas¬
multiple of
of 1%. Prin. and
urer, at The Dalles.
Bids are to
int. (M-N) payable at the Chemi¬
be
for
not
less
than
par
and
cal Bank & Trust Co.* New York
should present the total cost to
City.
The bonds may be ex¬
the Port District.
Delivery will
changed for securities registered be made on
or
about July 1, at
as to principal and interest at the
The Dalles, Ore.
The approving
request of the owner. Delivery to
opinion of Teal, Winfree, McCulthe purchaser at Toledo. A certi¬
loch, Shuler and Kelley of Port¬
fied check for 1% of the bonds
Offering
sewer
.
June 11. A certified
2% of the amount of
on
the bid is
Port
an
Offering—Sealed bids will
received
check
l%s, 100.15; Stranahan, Harris &
Co., Inc., l%s, 100.55; Seasongood
& Mayer, 13/4S, 100.02; Provident
Savings Bank & Trust Co., l3As,
100.14; Assel, Kreimer & Fuller,
2^4s^; 100.55. t':rv\7'.; :
Bond
for
•
k
„
prepare
Woodward, Okla.
the award.
for school purposes were
considered, except that
'
•
.
$3,000 in' 1946 and 1947.
Other
proved
bids:
Weil, Roth & Irving Co.,
order of the
less made
'
,
Ryan, Sutherland & Co., Toledo, 25, by Mary Cliff, City Clerk, for
the purchase of $29,500 airport
as
iy2s, at a price of 100.195, a
bonds. Due $3,000 in 1945 to 1953,
basis of about 1.44%.
Dated Feb.
and $2,500 in 1954.: Lowest rate
1, 1942 and due Dec. 1, as follows:
of interest at par will determine
$2,000 from 1943 to 1945 incl. and
of)
Limits
Court
t
Fuller, 2y4S, 100.56.
The issue of $12,000 coupon fire
truck equipment bonds offered on
the
same
day was awarded to
Levies—In a virtually unanimous
check for 1%
A certified
City.
Ohio
required.
&
Kreimer
<
check for $200 is
2325
FINANCIAL CHRONICLE
.
J 't
fill
\
1
_
THE COMMERCIAL & FINANCIAL CHRONICLE
2326
McAlister,
Smith
&
Pate
of
Greenville, at par. Dated March
1, 1942. Due on Dec. 1 as follows:
$3,500 in 1942 to 1951, $4,000 in
1952 to 1954, and $3,000 in 1955.
Interest payable J-D.
.;//■; v
Timmonsville, S.C.
Bonds Sold—A $50,000 issue
of
bonds is said to
have been purchased recently at
par by R. S. Dickson & Co. of
Charlotte.
Dated May 15, 1942.
Due on May 15 as follows: $2,000
in 1943 to 1952, and $3,000 in 1953
to 1962. Interest payable M-N.
;
Due
1951
March
on
to
$3,000
$4,000
1;
1955. and
1956 to 1965.
in
in
Bond
-
5 p.m.
;
until
received
be
June
22,
at
Bonds
united states
semi-ann. airport purchase
4%
bonds
Federal Public
Local
semi-ann. refunding
bonds is said to have been sold
3%%
000
Commis¬
recently by the Board of
sioners,
Indep. Sch. Dist. No.
Hot Springs
18, (P. O. Hot Springs), S. Dak.
Bonds Sold — The $65,000 re¬
funding bonds offered for sale on
4, have been purchased, it
said.
Dated June 1, 1942. Due
June
is
$1,000 on June 1, and $4,000 on
Dec. 1, 1945, and $5,000 on Dec. 1
in 1946 to 1957.
Callable on any
interest
of
$45,000,000 Treasury bills
sold June
Bondholders'
was
of 0.54%.
due Sept.
11, 1942.
ments:
11 at an average yield
Dated June 12,1942 and
Housing Authority
texas
of
ceptance
fact,
...
reports that the following bonds
tion
aggregating $25,000, were sold to
Thomson,
New York-.
„
Wood
mend
,
'T
"
*
„
ficials announced June 16 that the
sale
of
$7,900,000 issue of not
6% semi-ann. munici^
pal light and power of 1933, series
a
exceed
to
had/.been
which
bonds
LR-6
composed of A. C. Allyn & Co., scheduled for June 22—v. 155,* p.
Inc., of Chicago; Dewar, Robert¬ 2231—has been postponed indef¬
Callahan Road District No. 1
son & Pancoast; Mahan,
Dittmar initely. It is said by Lighting Su¬
(P.O. Baird), Texas •
& Co.; Russ & Co., Pitman & Co. perintendent
Eugene R. Hoffman
Bond Election—We understand
and Associates, all of San An¬ that
priority difficulties for con¬
that an election has been called
for June 23,' to submit to the tonio, under terms of which the struction caused the cancellation
investment firms will act as fi¬ of offering. A conference/is exvoters an issue of $50,000 not ex¬
nancial agents for the city in ne¬ oected
with / WPB
officials r in
ceeding 3%% road bonds. Due in
gotiations for the acquisition by Washington.
Due
on - June C1,
not more than 22 years.
the city of the proporties of the as follows:
$80,000 in 1953, $125,Cisco, Texas
San Antonio Public Service Co.
000
in
:
1954, $172,000 in 1955,.
Refunding Plan Progress Re¬
San Antonio Public Service Co.
$220,000 in 1956, $294,000 in 1957, i
ported—The Dunne-Israel Co. of is a subsidiary of American Light
$339,000 in 1958, $436,000 in 1959^
^Wichita, Kan., is advising holders & Traction Company.
A bid of $665,000 in 1960, $636,000 in 1961,
of all Cisco bonds that the inter- ■
$35,000,000 has been submitted for $837,000 in 1962, $674,000 in 1963/
locutory decree in the municipal the San Antonio properties both
$507,000'in 1964, $579,000 in 1965,
Compositions proceedings was en¬ by the city and by the Guadalope$498,000 in 1966, $413,000 in 1967,
tered on June 3,1942. There were Banco River
authority. Mayor C. $327,000 in 1968, $328,000 in 1969,
over
66%% of the bonds con¬ K. Quin of San Antonio last week
$288,000 in 1970, $256,000 in 1971,
sented to the program and filed held a series of conferences in
arid $226,000 in 1972. Callable as
in the proceedings.
The refund¬ New York with W. G. Woolfolk, a whole on June 1,
1947, or-on,
ing is, therefore, ready for opera¬ President of American Light &
any interest payment date there¬
tion and holders are asked to for¬
Traction, but no decision was an¬ after, at par and accrued interest,;
ward their bonds with one copy nounced
at. that time;
v.
*\ '
! upon 30 days' publication of the
of the consent letter to The Amer¬
city's intention to call the bonds,,
San Marcos, Texas
'
'
ican
National
Bank
in
Austin,
as
provided in
Ordinance
No.
Texas.
Maturity —The City Treasurer
64065, as amended by Ordinance*
states
that the $100,000
airport No. 71916.
Crockett
County Water Control
1 V
4
'
.
.
.
,
■
.
t
construction
(P. O.
$75,000
v
(not
the
.—
sale
$85,000)
of
In
the
revenue
bonds. to the McRoberts-Thomasj
ma
Co. of San Antonio, noted here
last June, it is now reported that,
the bonds were sold at par^di- j
vided as follows:
$20,000 4%
Due
.
on
1943
v
■
water system bonds,
March 1; $2,000 in
to
1946
and
$3,000
bonds
sold
the
to
Geo. V. Rotan Co. of Houston,
Ozona), Texas
Information
these
to
holders.
in
1947 to 1950.
feel that, if
them,
plan
a
In
1. A
4%
2V2S, at
p.
in
a
as
about
JKenosha County (P. O, Kenosha),i
to
1962, giving a basis of
2.33%Int. payable M-N.
Bond
Call
John
—
C.t Nieder-
rec¬
>
rejected
stantial loss.
continuing
sub¬
a
J
,
"The
committee entered; into
discussions with the Government
with the sincere desire to assist in
removing the Alberta default.
plan
was
Its
attempt to put Al¬
an
berta's finances
and
a sound
bases,
orderly • retire-•
of the Provincial debt, and »
provide
ment
on
for
at the same time gives the Pro¬
vince substantial easement in the
burden of debt service as com¬
basic rate of interest.
with
pared
the ,pre-default
pe¬
riod.
Furthermore, the commit- r
paid*finterest.
;■\
willingthat holders of
13? FfQVisibn for differentials in savings certificates be given pref- ;
the coupon rates on outstanding erence in the matter of principal V
bonds to their respective matur¬ retirement.
/
H
\
and in
un-
tee
-
refunding
between
the
On
June
11
E.
S.
convinced
ever
funding
plan
that
a
re¬
is
possible C thajk ,t
would/not; involve undue sacrifices on the part of the Province .
and would treat bondholders with )
equity."
-refunded
their present- maturity,
C.
.
>
As already pointed
out, it has a sincere desire to cure
the - Alberta default.It is more
than
nova scotia
Tafe;rand:the contracturAT fates:td
k
the'
conversationshave
/
broken down.
doing would request no
interest on the unpaid interest.
¥ It was also prepared to consider
and
develop jointly ways and
means of taking care of the dif¬
ferential
was \
"The committee regrets that
so
Nova Scotia
,
Low, Ernest
/
Manning, W. W. Cross and J.
(Province of)
)
,
Additional Details—The follow¬
ing participated with the Bank of
wrote Courtland El¬
Nova Scotia in the recent public
representing the bondholders,
offering of $1,000,000 3% power
that they were prepared to recom¬
commission bonds—v. 155, p. 2231.
mend to the Government a plan
Dominion Bank, McLeod, Young/
involving an average rate of in¬
Weir & Co., Bell, Gouinlock & Co.,-;
terest' of
F.
Percival
liott
3%%..:
Mills, Spence &
to the -unpaid
ronto, and F. J.
portion of the interest, we must
"r \"Wjth 1 respect
state, that
we
would
possible
be
do
for
the
the
payment of
not
or
Province
to
see
how
it
for this amount. Since in the opin¬
ion of the Government the main
of
concern
the
individual
recommend
vince set aside
that
Pro¬
for
Secretary
purchase of $20,000 4%
bonds, due in 20 annual in- '
4
.stalments/.
call feature of annual redemp¬
tion which- would have the effect
'•
/ofj'maintaining the market price
-
bids until June 22
the
school
/'v.""';-.':-/'-''r*''
a*
somewhere
Offering—The
receive sealed
fund to provide
a
quebec
Montreal East, Que.
E Bond
bond¬
the
all of To¬
& Co.
of the School Commissioners will
holders is restoration of the cap¬
ital value of their investment, we
would
Co.,
Brennan
pf Halifax.
practicable
provide for
compensation
or
►
-
'
■
vV•
.'.
!/.
v '
Quebec '(Province of)
"
Signs Dominion Tax,Proposal-*
The province recently signed the ,
agreement providing for its sur-H
/<,
adjust¬
render of the personal income and
ment would be necessary with re^
gard to the varying coupon rates coippratipn^^ taxation |i^l4/to'/.the./on. outstanding debenture issues, Dominion government for the du- :
and wc will recommend that some
ration of the war. Quebec was the
'provision be considered in this
last province.to agree to the pro-,
-regard;
"We are not prepared to recom- posal, under which the Dominion «
near
par.
"We-recognize that
wisconsin
price of 101.605—v. 155,
2231—are due $5:000 on May 1
1943
.\
be
did
to sacrifice their bonds at
which involves three
2. Recognition of past due
would
we
recommenda-
our
of these small holders
fundamental: points, as follows:
& : Hoffman * of
-
.
with
bondholders, of
are
by the great majority of bondholders. It C
would have resulted in hundreds
>;
Dated July 1, 1942. Due Jan:
1943 to 1956.
Legal opinion of
Bond Refunding Agreement —
San Antonio, Texas,
County Judge A. E. Nabors states
that a tentative- agreement has
Utility
Property
Acquisition
been entered into by the county Sought—City officials have signed
for the refunding of about $26,000 a contract with a banking group
connection
we
ommend
■>:
Additional
of
most
were such that
could not recommend their ac¬
we
,
("
too
and other matters
,
,,
/
emphasize
small
holders.
Proposals by Government spokes¬
men
in regard to interest rates
Alba, Texas
>' $8,000 water imp't bonds. Due on $4,408,000 New Haven, Conn,. • ,
June 1 in 1953 and 1954.
reported that
Dated July 1, 1942. Due Jan. 1,
10,000 sewer imp't bonds. Due 1943 to 1979.
$23,500 4% semi-ann. refunding,
Legal opinion:of
/
on June 1 in 1949 to 1952.
series of 1942 bonds were pur¬
Caldwell,
Marshall, Trimble / &
ities.
chased recently by Callihan
4,000 street imp't bonds. Due on Mitchell of New York.
&
June 1 in 1952 and 1953,
Jackson of Dallas. Due from May
g The committee was prepared to
recommend concessions that will
3,000 airport bonds.
Due on
washington
1, 1944 to 1973.
June 1, 1949.
.
'
give ample time to the Province
Brown County (P. O. Brownwood),
Seattle, Wash.
Interest
payable J-D.
Dated
to take care of the unprovided
T exas
Bond Sale Postponed—City of¬ bne-haif of the
June 1, 1942.
;
past due interest,
1
thousands
"
Bonds Sold—It is
Dist. No.
Vv
cannot
whom
(Province of)
Discussions End
.
,
and Imp.
com¬
strongly that the committee is endeavoring to protect the interests '
'
fered—Six local housing authori¬
approved by the voters on May
In
ties, have issued calls for bids up ./Refunding
26, are said to have been pur¬
Failure—In announcing failure of
chased at par by Crummer & Co. to June 23 on their series A bonds
recent discussions with provincial
$5,246,000, > divided
as
of Dallas. Due on June 1 in 1952 totaling
officials on a plan for refunding
follows:
•
to 1967.
outstanding-indebtedness, the
$185,000 Alexander Co., 111. "
v* berta Bondholders' Committee Al¬
an¬
Dayton Indep. Sch. Dist., (P. O.
Dated July 1, 1942. Due Jan. 1,
Dayton), Texas
nounced, according to Canadian
1943 to
1958.
Legal. opinion of
Bond Sale Details—The District
press
advices of June .15, that
Chapman & Cutler of Chicago.
"Views of the Government and of
Superintendent now states that
;
the $24,000 refunding bonds sold $41,000 Clarksdale, Miss.
representatives
of
bondholders
Dated July 1, 1942. Due Jan. 1,
to McClung & Knickerbocker of
proved irreconcilable, and refund¬
Legal opinion : of ing conversations are therefore at
Houston, at par, as noted here in 1943 to 1958.
Marshall, Trimble / & an end." Correspondence released
March, were purchased as fol¬ Caldwell,
lows:
,„;
$4,500 as 2V2S, due $1,500 Mitchell of New York.
by the committee disclosed that
on Feb. 1 in 1943 to 1945; the re¬
$54,000 East Baton Rouge Par., the-bondholders were prepared to
maining $19,500 as 3s, due on
La. ' ; :/v'/' '
work out aprogram on a 4% in¬
.* /'.H11?
'yV-'.Feb. 1; $1,500 in 1946 to 1948; $2,Dated July 1, 1942. Due Jan. 1, terest rate and the province in¬
000 in 1949 to 1952, and $7,000 in
1943 to
1958.
Legal opinion of sisted on a 3 y2 %, basis. In a letter
1953.
Caldwell,
Marshall, Trimble & to Hon. Solon E. Low, Provincial
Mitchell of New York. •,
Treasurer, the committee stated
Fort Stockton, Texas
that it was prepared to recom¬
Bonds Sold—The City Secretary $60,000 Lake Charles/; La.
' * .
IVgs at par;
Interest payable J-D,
road bonds.
Committee
.
"We
•
alberta
Alberta
R. K. Dunbar & Co. of Austin, as
1950.
1,
after June
date
/y
statement, the Alberta
^
O. Hot
Springs), S. Dak.
Bonds Sold—An issue of $159,-
■
complete readjust*
■;
In their
,
Fall River County (P.
"
Canada (Dominion of)
Treasury Bills Sold—An issue
Housing Unit Bonds Of¬
..
f 1^'..south Dakota
a
hient of the Province's debenture
debt."..
(to be opened at 7:30 p.m.),
„
Dalhart, Texas
Sold—The $60,000
basis for
a
CANADA
Offering—Sealed bids will
DenomV $1,000.
Dated March by J. P. Daly, City. Secretary, for
the purchase of $150,000{airport
1, 1941. Prin. and int. (M-S) pay¬
■
able at the American National bonds.
Bank of Austin.
refunding
4%
Victoria, Texas
55,000 4%% water system bonds,
Monday, June 22, 1942
some
prim, County Clerk, states that:
County (P. - Oi Mount ;
corporate purpose, series of 1938
fY//;■ Pleasant), Texas
/ :V/.V/
bonds, numbered 271 to 300, part
Bonds
Sold
We
understand of an issue of $300;009, 'dated*Jan.4 jmend the acceptance of the pro¬ wil pay compensating revenues to
that C. N. Burt & Co., of. Dallas,
20, 1938, are being called for pay-; posed plan as outlined in your let¬ the provinces based upon income
ter. of yesterday involving a 4%
have, purchased at par, $20,000
ment
from the tax sources/concerned ;
on/- July 20, at :the/County J rate.
We are, however, assured
4%% semi-ann. road and bridge
Treasurer's office. Interest ceases/:,
that the Government will consider for the fiscal year ending closest ,/
refunding bonds. Due from April
Titus
—
15.
1952 to 1955.
■
on
-'
July 20:
Company and Issue—
National Corp. pref.
Redemption Galls and Sinking Fund
Buffalo
-
;
•
our
submission
•
v ;
/
Date
stock,._^___„__:__—Jun 30
.
-
.
.
and
1951
—,_-^_^-/t_/:_,.-./:july
:
1
1
2181
<
■
as
to Dec, 31, 1940." *
•
,
,
Chicago Union Station Co. guar, serial bond6 due-1950 :'•• • rv.-Citizens Independent Tel. Co. 1st mtge. 4'/iS due 1961-July
set out above
Pasre;
Company and Issue— "<
*
/ •>>
,>
•;
Date ^
1920
Inter-City Baking Co., Ltd., 1st 5Vas. ser. A__i__—/-_July :i ;V
International Paper Co. 1st & ref.: 5s," ser. A and B,
/. * / ' ''.-•Vv;.#--;:'
}-due 1947 •' ■//////—//—//>/—^//—/-//L"/■-/////////July, 1*
2273 ''
Interstate Debentures Corp. debentures/—//-—___1 July 1/
1920,
t
Jackson Park National Bank Block 1st mtge.*; s. f,
' ;
Page
,
as
1751
•
Connecticut Power Co. 1st & gen. mtge. 3V*%
■
Below will be found
a
list of corporate
bonds, notes,
«nd preferred stocks called for redemption, including
those called under sinking fund provisions.
The date
Indicates the redemption or last date for making tend¬
ers, and the page number gives the location in which
•the details were given in the "Chronicle."
■
Company and Issue—
Allied Owners Corp.
1956 ■
.
Allied 'Stores Cro.
Date
1st lien cumul. Income bonds due
-July
debenture bondls due 1950—July
Arnold Print Works 1st mtge.
bonds.L—
—
^—Oct
Page
:
2178
:
1748
:
1827
Atchison
Topeka & Santa Pe Ry. Rocky Mountain
Division 1st mtge.'bonds/ series A, due 1965-,..—_July
1
1749
bonds
series B
due-1967—-—-—^—1 >.?•2182
Connecticut'Ry. '& Lighting Co. 1st &/ref;'"4%s, -due';
1951
————-^__i-„r_:-/:_^„juiy^ i
Dennison Mfg. Co. debentures and pref. stocks//_/—Jun 26
Evanston Bus Co. 6%
Flint Capitol Bldg.. Co.
Puller
(Geo. A.)
'
.
income bonds due 1962_„l_i_/_JuJy < 1
218?
6^ bonds dated 1927—»^_:p/__jun 30fV / " »
pref. stock_-__-_.^----„Juu ,i9. / 2278
Terminal
due 1957
Bethlehem
Steel
Corp.
—
Corp.
series P, due 1959___
6% income 2nd mtge. :
——July
consol. mtge. 3 xk (','o
bonds,
July
,
20-yr.
—
1..
1
*
2091
»■
Kewanee
Public
Seryice
Co.
1st
mtge.
6s,. series
2185
.
V
2185'
r—'—July ■: 1
1969
"V
A,;:v-
;
1
2185
2280
*
11
1830
2006
Louisville & Nashville RR. unified mtge. 4s, due 1968_July
1
1839
2184
Inc.-3%% debentures/due 1950///—Jun-22 '
Harding Bldgs. 1st mtge. 5%. bonds due 1947^//r-///_July :i"
Hazelton Water Co. 1st mtge. 4s, ser. A, due 1958////-July
I,
•
'
1
1 /
2278
/
Hartford Times;
2280
.
/
due 1949 —_———z/./——————/-July
Koehrlng Co. 10-yr. convertible bonds dated 1935—//July
Long Island Lighting Co. 6% secured bonds due 1945/zJuly
Long Island Lighting Co. 5V2% debentures, due 1952_Oct
:
"
*.
2094
/*
•
ref. 6s, due 1943——--////—July 9
ref. 5s, due 1956/-//r_//_/_i—/__////July ' 9"
Munising Paper Co. 1st mtge. 5s due 1947//—////////July 1
Nazareth Convent & Academy- 1st mtge. serial .bonds/ /
V dated 1941 ————z——/—.——_r_.July. 1
Newport & Cincinnati Bridge Co. gen. mtge. 4V4% ■/
*1
bopHs ' —^'----/--/-——-i.//--/-—-//--///-——//.Juri "30Michigan Gas & Electric Co.— •
1830
.
1st mtge. &
1st mtge. <fc
/
:
;
2282
2282
2186
'
.
2184
^
2184
'
Bayway
due
Co. 4%
^l--/_w—-__:—/-///—i///--Jun 29; "
_/*—
'
2276
General American Investors Co., Inc.,
debs;2-///Aug '41
& Utilities Corp. pref. stock//-/-—/-July 3
'
Georg5a-Carol'na Power Co. 1st 5s due 1952//////—July* 1"^
Georgia Marble Co. 1st mtge. 6s due 1950.-//——-July 1
Hamilton By-Product Coke Ovens, Ltd., 20-yr .1st 5s*: -
1955
bopds, due- 1946
July • I.
Kansas City Gas Co. 1st mtge. 5s due 1946—/'//—/—Aug
1
Kansas Power & Light Co.
1st mtge. 3!/a % 'bonds/.////
r
i83i.
General Realty
due
-
Houston Oil Co. of Texas
debentures: due 1954_/Aug:: 1/ >2184
Indianapolis, Columbus )& Southern Traction/Co/ 1st
' ;iv — '
mtge. bonds, due "1948————///*Aii5f"/l-:v?t.i3liv
Inland Steel Co. 1st mtge; 3s, ser, E, duf 1952.—/—///July 15
1837
*'
.
2186
■
New York Railways Corp. prior
^
due 1958
"lien bonds; - series A;
-/-////——U-—/—_/-/_/_—/-July? 1
/
1842
v
•
Company and .Issue—
,
1 :X;VX'A;xx/
,
Co. 47o
American
North
Illinois PR.
&
Panhandle
1st Jien
1st mtge. &
mtge. 4Vis, due 1956
Sep
Pennsylvania,RR. gen. mtge. 4V4s ser E, due 1984—Jun
Pcnnsgrove Water Supply Co. 1st mtge. 5s, due 1945—Sep
St. Joseph Sanitarium of Mount Clemens, Mich.,
1st
ref. mtge. serial bonds due 1949———_____
July
P'aton
Mfg.
Paramount
Prancisco
San
Ltd. -1st
Co.,
1943
1943
2189
1
Standard
1946
Underwriters
1st
Terminal
Co.
Union
Traction
mtge. 334''/»
1952-L
Phila.; 4% bonds due
Virginia Public Service Co.—
,
X 1st & ref. 5 Vis, ser. A, due 1946
rlst &
1st
-
'-67c
•
ref.
Southside
Virginia
due
Co.
Power
1st
Aug
:—
5s,
ser.
&
this
in
Conn
A,
Consolidated
Crum
6-15
"Irregular
S6
preferred
American
•x
Hard
7'!c. preferred
(quar.)—_
6-30
6-30
6'7c
preferred
25c
$1
6-25
6-25
6-30
-
Smelting-r-
.
15c
$1V4
Hegeman
(quar.)__—
.—
Art Metal-Construction, (irregular).—
Atlantic City Fire insurance Co. (quar.).
Atlantic Co., 6'7c preferred——
Class
Atlantic
'X':- $6 preferred
Baldwin
(s-a)-i
^
——
Company.—-
—
7-1
7- 1
S3
20c
12V2c
22e
.
Rubber
6-25
7-21
7-1
1
6-23
6-20
-
25c
7-10
6-25
7-' 1
6-22,s
9-18
(quar.)
com.
■:':•
<
Cleaner
Vacuum
ElectTic
Elizabethtqwn
Consolidated
C.)
D.
6-23
7-21
7-
t$l%
7- 2
'■
7-15
7-15
7-10
Insurance (S.
Fund
F.)
(quar.)__"
7-21
Foster
7-20
Fostoria
6-24
Fox
Y
(Mich.),
DeLux Brewing
(initial)
Co._i—
Process
7r" 1
6-23
6-19
6-30
6-15 X
30c
/
preferred '(quar.)_ •——___;
Co
!
Inc.——
Fulton Trust Co. (N. Y.) (quar.)
$1.20
1
50c
7-15
75c
6-30
(quar.)___—___
17c, preferred
$1%
6-20
1
7-
1
15c
7-
1
Machinery
General
75c
Public Utilities $5
General
Shoe
pfd.
40c
Corp
pfd.
Machine
Gisholt
Goodman
Goodman
1
_
preferred (quar.).—_
Manufacturing
7-15
;
.7- 8
7-22
6-17
6-30
7-15
7-1
10c
$75c;
,6%. 2nd preferred (accum.)4
Green (H L) Co. (quar.)— ______„'
Greene Railroad
Greenwich,-Gas
.Cq.
(3ra)r—
.
.„
•;
$1.25
participating
,
Greenwich Water .System,,Greif
t80c
'
,
Hart
&
Cooley
.
Gas
com.T(quar.)—L—_
87r'->preferredv(quar..)—_=--^—
HatlHsld-Campb. Creek Coal; '5 7c pfd. (quar.)«;
;
...
X
.
preferred .(s-a)*.
7-
1
1
1
Hilton-Davis Chemical,'.$1.50 pfd.
Holly Development Co.
(quar.)—
(quar.V___
[
3
7-
$1%
6-30
6-29
6-30
6-30
6-16
6-15
:' 7-25
6-20
6-30
:
6-24
6-30
6-20
1
6-16
6-30
6-20
5c
6-30
6-20
—'
■'
7-
5c
6-30
6-20
6-30
6-20
75c
•
6-25
6-16
7-
6-20
27V2c
7
6-30
(reduced35c
7-15
6-30'
:■7-15
6-30;
$11^
—
$l3/4
7-
7-
6-12
6-20
1
$1%
(quar.i—
1
6-20
7-15
6-30
$l'/4
(quar.)_____
7-
1
6-15
7-
1
6-20
37Vic
<quar.)__
7-
t$lVi
1
6-18
7-15
6-30
$3
8-
1
7-
25c
7-
1
6-20
$2
7-
1
6-20
6-15
t$l'/2
$1%
♦
6-
7-
$iv4
is-a)
1
9
6-27
8-
$l'/a
RR Co.
1
7-15
7-
1
9
6-20
6-30
6-13
7-
1
6-15
cons,
(quar.)
25c
$lVi
J38c
7-31
6-30
vtc.
(quar.)
50c
6-30
6-22
$lVi
6-30
15c
7-1
com.
(reduced
Haven
>
6-20
-v-,.
(quar.)_
&
Carbon
Port
preferred
$4
Ltd.,
preferred
6-20
30c
7-
1
$1%
7-
1
$l(/4
Y.)_._
(N.
6-26
7-
9
6-27
6-29
6-19
Inc.—
__.
RR.
(s-a)
t$2
A
v
6-24
7-
1
6-20
7-
1
6-20
10c
7-15
6-30
15c
6-15
6-
20c
$1%
(quar)_*___
common
(quar.)„—
Fund
(Hawaii)
Securities
Aviation
(Md. )
shares
voting
5
1
6-15
7-13
6-23
7-
l'/^c
12Vhc
(reduced)
Corp.
lac
7-15
6-30
50c
7-
6-18
25c
7-15
6-30
35c
7-20
6-30
(quar.i—35c
7-20
6-30
Share
Fuel
Gas/Co.-
&
Corp.*
v
(Hartford)
(quar.)__
(quar.)
Funding Corp.,
B
class A
(quar.)
6-30
Shirt
Shops,
1
Orleans
1
6-22
6-22
6-30
6-22
1
6-23
Public Service,
$l'/2
—^
common
(quar.)
(quar.)_.
Ltd.
preferred
preferred
'
Oil
preferred
pfd.
(quar.)
(quar.)_
Leather
1st
17c
2nd
;
.
common
.
Dominion
Va.)' (irregulari
.1
———-
(special)
dividend series
& Electric
Gas
Packer
•
preferred (quar.)—
Co. (Roanoke,
(Minn.), common
Pacific
Advertising
Corp.
preferred (quar.) -—
.67c* preferred class B (quar.)——-—
5.607c
.
•
Patchogue< Plymouth
•
pavne
(60a
A
.,60c
6-24
6-30
6-18
7-20
6-30
7-20
6-30
7-
6-24
1
•
$l3/4
Sl'/j
25c
$2
7777-
6-20
$13A
7-
6-22
$l'/4
7- 1
6-15
35c
50c
7- 1
6-22
7- 1
7-15
7- 1
6-20
6-22
6-22
..
(quar.)
(quar.)
(quar.)—:_—
Packer Corporation
(quar.)
Panhandle Eastern Pipe Line, common.
$4.50
6-23
6-29
Fire .Insurance
Otter Tail Power
.
—
(quar.)———.—
Holding Corp.—
non-cumulative
$5
(quar.)—
(quar.)
preferred
Ohio Service
Old
Co.
preferred
7- 1
12V2C
(interim i_—_„___
17c
Electric,
original
6%
—
Texas
7-
35c
$1%
$1
l"50c
+60c
t55c
iquar.)
(N. Y.)
(quaa*.)
Insurance Co.
Central
87c
>:
7-
6-30
Wire-Weaving,
'
6-25
50c
Fire
Ohio
7-15
1
50c
(quar.)_
Machine
preferred
'67c
1
1
7-
Co.
preferred
Northwestern
-
7-
8-
10c
.__i—
prior
Britain
5ik%
7-15
25c
$lVa
(irreg.)
common
.
6-12
lc
Carbon
North
6-16
37j/2C
6-24
6-30
$l>/4
(quar.i.
North American Investment,
6-15
7-24
834c
6-30
25c
12Vic
.
6-20
7-
75c
$3y2
._•_
Highway Safety .Appliances^ Inc.,-cl; A (quar.)
1
40c
Bank
Niagara
6-17
-
9-14
25c
pid.
1931)
(quar.),
Ins..Co.
$7
6-17
6-30
--50C
Hershey Creamery^ common-r-(«-a)
1
America—
Niagara
6-15,
6-30
50c V
$lJ/2
Hayes Industries,- Inc.' (irregular)
Heath (D C) & Co., 7% preferred (quax.)-___
1
7-14
10-
$11/4
Cafeterias Consolidated,
Rxtra
6-16
7-
of
(scries
Bond
New
6-20
6-29
15c
;
Hawley Pulp & Paper,'$6 2nd pfd.- < quar.)
1'k
6-30
50c
-•
7-
$1
v
6-20.
25c
$1
Con ine; (quar.)_j_—Co.
6-20
1
•
$5 pfd.
New
Fire
$6
X
6-22
50c
<
of
Industrial
Plan
National
6-23»
;
6-30
1
25c
National Manufactures & Stores Corp. (init.)
National Power & Light Co. $6 pfd. (quar.)
6-11
1
6-30
7-
8-
'
'
—_rX_—;
1st
(Bait.)
Corp.
preferred
■
Class
6-20
1
2
Harrisburg (Pa;)- HoteL < irregular)—J_r___
Hartford
1
7-
71- 1
•:. '1-
7$1
*"
v
'v; 7-
ISlVa 7r: 7-
Group Corporation
Guelph.& Ontario Inv. & Sav. Soc. (s-a)—
Hamilton Mfg. Coclgss A. partic. pref
Plan
National
6-20
31'4c
:'•-
6-30
7-13
37V2C
*
—_
pfd.
$7
National
7-15
1
7-15
/7-15
7-21
Cement
(irregular).—.
Light, $6 pfd. (quar.l.J
National
6-15
7-
6-30
.
6-20
X- 75c
preferred-—
Bros."'Cooperage Corp^class A-—___
Co.,
.
*
'
•
.•
.
6-25
7-15.
50c
Navig.
Telephone. Co.
6-26
7- .1
2.444c
1-—^
preferred—^--—-:-
6-20
60c
quar.)__
—
National
6-26 *
A'8- 1
..
1
——
Hill
Bank
Nation-Wide
6-30
•V 6-19
12c
7-
50c
Mutual
6-22
50c
...
1
he
preferred—
Investment
New
7- 3
1
7-
B
Z
Light, Heat & Power,
Paint;
6-22
,,'$3
'
—:——___
Co.,jcommon
Participating
•''
••
7-
$iy2
•
.
•
6-25
6-20
5-31
.
6-23
•
-
Edison
preferred
5Vsi7o
6-30
; J25C
A: 7-.2preference (accum.V
$
7- 2
f25c
$2 class B partic. preference (accum.)
$$114 ;v 7-15
Great Lakes Power-Co., Btd;, 17c pfd. (quar.)
;
r $75c %7-, 3
Great West Saddlery, 6% 1st pfd. (quar.) —
6-30
(quar.)_
Mine
Line,
Co., Ltd.—
Lakes Paper
5-29
(quar.)———
Mutual
6-30
1
6-30
$2 class A partic.
.
5-31
6-15
.
6-20
8-
&
Murphy
6-15
1
50c
67c
Munson
6-25
2
■
->•
V -4; X
6
7-
:
$134
:
Co
Grand Rapids. Varnish Corp.—
Great
7-
.7-
50c
25c
77c
& Sons,
preferred
Plan
Mount
6-19
.
,7%
.
6-30
$25c
Transit Co., Ltd. (irr.)
(resumed)———
6-15
X
common—*
common
National
50c
Co.i_
7'4
7-1
7-
5-31
6-15
(initial t ,X**_
Corporation
Morrison
.
6-20
•
Manufacturing Ca._..
Gotham Hosiery,
6-18
87V'aC
(quar.)
6-30
6-15
80c
Co.
Calculating Machine
Portland
Morris
6-18
(s-a)_—
(A C) Co., $3.50. preferred
Gilbert
1
1
7-1
20c
(quar.)—_
7-
7-
$1V4
-
^
_
•
6-15
$1 Va
conv.,preferred (quar.)__
..472 7c
General
6-20
,
7-15
77c
$ia/4
(Quar.)_________
Power &
67c
7-10
8-1
$114
Corp._^/i———••——
Corp. com. (quar.)—__
$iy2
;■
Forbe^
&
Mills,
6-20
$1 Va
$4.50 pfd. (quar.)
57c pfd. (quar.)
Instrument
,
,..i50c
1
.
General Foods Corp,,
-
:
1/: 7-
25c
6-20
Maryland" Drydock-
Morri6
6-20
common—
1
30c
6-19
.
6-30
Firep,roofing,
7
7-
>•.'•
,(quar.;4;25c/
quar.)
6-22
1-
7-
Electric Kquar.).
(MA & Sons
Morris
6-30
.
7
7-31
75c
Co.-(quar,)_
(G.)
Montreal
6-22
$2
7-
$i>/4
(irregular)
Monumental Radio
7-15
.
6-30
7-15
General
.
,
7-31
10c
Fyr-Fyter Co., Class A
1
Garlock Packing Co._T—
6-20
.
7-15
20c
General
•
6-19
Fundamental Investors,
—
•<
X
1
7-31
Fuller Manufacturing
►
Boxes— ,v_
$1.50 class A (accum.)i
7-
20c
7-31
(quar.)—_——.i/7
Co.
Missouri
6-25
6-30
(quar.)
6-15
15c
23c
(quar.)
Missouri
—.—
Froed.tert Grain & Majting com.
1
6-24
(irregular)
preferred
2nd
Missouri
X
6-23
12 V2c
—
7-
25c
10c
'—I-
Mill Creek
yl- 1 J
—_
6-20
75c
Mississippi Power & Light, $6 first pfd-
25c
t$l34
4-,-r-
1
50c
(reauceu
Y.)
Cement
preferred
Medford
6-23
X
1
7-
—. —-—
Pressed Steel-—
25c
7- 1
,6-24%
62'/2C .. 7- 1
6-24 K,
fi5c7-15
6-30 .
Machine
,
a; 25c
7-15
• 6-30
^Birmingham Fire Insurance Co. (quar.)—
25c.-y 6-30
6-15 >
Bishop Oil Co.
(quar.)———
——- —
2'/aC
6^18 : y . 6-15
Blackhawk-Perry Corp. (s-a)__^_:-—$1J^.>
7- 1 ...-,.6-15.L
^Boston Garden-Arena Corp^ pfd. (irreg.S3 - • 6-18
>6-15
a-Boston Herald-Traveler Corp. iquarj___—
30c . v 7- 1
6-22 > Bowset (S. .F-)'1st pfd..-.—•—
*.—
.
' 19c
.8-1. - 7-15+;•
^.Bridgeport^Hydraulic (quae..)———:
40c
7-15 . 6-30
British Columbia Telep 6%-lst pfd. (.quar.)
t$l%
7- 1. ,. , 6-lG ,
r',6fa 2nd preferred ( quar.)--—_——--s, v+SlViV;-^ 6-1
Brooklyn Trust Co. .(N. Y.) (s-a )•—.__:
.4;. S2 ;
7- 1 ; % 6-22
^Brauian••.Porcupine .Mines, -Ltd.,.(quar,.).,.
,
,f3c <y. ,7-31,.7-10 . >
Brush-Moore Newspaper 6tfc; pfd. Couar.)_l_ ^
$l1/s)U'v. 7- .1 4 .f .6-30 )•.
4Builders Exchange Bidg. Co.of Baltimore^..
j 6-22 ;;vv6r.l5:
^Burger Brewing 8^ 'preferred (quar-)——SI . - 7- l;^v6>-15
BurlvHrVMF.) Mfg. S2.20 pfd. (quar.
■
55c
.7-. 1 v6-r20 J,
Calaveras Cement -Co.; 7% q3referr.ed_r.i._c.- vt75c v. 6-18 iws 6-15 i,
■•~Cftlla.wav' 'Mills
16c
6-204,- 6-10 .)
"Caldwell'HAs & G. J.) Co/ l(s-ai_:44^4_i4_l._;: v >•
5c.1
7-1)
C-18 .
T Canada-Life Assurance (Toronto), ^(quax.)__• X
t$5•• 7- 2
6-30 :J
VCanadian Converters Btd. (-quar.)r_X_ri^_i.'v. ..4; i :i:50c
-7-31
6-27
•'••Canadian Fairbnnks-Morse 6<i\ pfd. (quar.) 4 t$l V2 . r; 7-15
" 6-30
\ Canadian ♦Firfe' Insur.-• Co;^'.(.Winnipeg.)(«-a)
..•/•->>7- 2
6-20
•"Canadian Indemnity- (s-a)-i_^!_-;—?4 ,v f$3; r-: 7- 2 f 6-20 >
Canadian Industries class A (quar.)i.v.fri^._^
; tSl V2
7-31"
6-30
••v--:;VClasS'-B4-'(-quar.')ii^J-4-i-i^^-i-li--i-4i' v;;fSl'/e
7-31 •■•■•-). 6-30 -;
•'k'5^7'%-' preferred' (quah).4---—+$l3/4 •^■'v'7-15 -••• : G-30
Canadian Wirebound
6-25
7-
25c
B^ _*
Wheeler Corp., $7 preferred
Franklin
6-25
6-22
6-22 ;
6-20
'
6-30
6-30
'
6-22 :
6-22 l.
6-22
,6-20
6-20 !
6-20
6-20.
6-20
. 6-20;;.,
7-9 ,
6-23
7-
7-15
$134
.
•—
7-
Massawippi Valley RR. (s-ai__
McKay Machine, common (quar.)_
A; 8'fc .preferred (quar.)
6
7-15
<N.
Martel
*
6-20
50c
(quar.)—_
Florsheim Shoe Co., class Ai—:
6-20
7-10
12V2c
.
'
50c
Light, $7 pfd.
Florida Power &
7-20
1
7-28
10c
50c
Electric
Marsh
6-30
6-29
Sl'4
6-20
-
30c
Marion-Reserve Power Co.,
Co., Inc., 5c to $1 Stores—
5%, convertible preferred
Florence
Stove Co
1
-,
7-10
$1
(auar. )_
1
7-
4-
Gas &
17c
-r-.---
(M. H.)
7-
$i3/4
(irregular)
;
Marchant
:
'
' $1V2
Stores
B
Mabbett
•;
•
6-30
15c
I
(quar.)
Bleachery, Inc./ (irregular)
■67c
6-30
80c
Filtroi Co.' of California—
6-19
(quar.)______
&
Co.
MacAndrews
6-30
50c
$V'2
-
—_
1
jLudlow Valve -Mfg. 5V'27<> non-cum. conv. pid.
6-13
7- 1
6-19
7-
>
conv,
»Lynn
6-13
20c
^
$1
6-13
'
.Extra
Class
6-15
1
37j/2C
1
common
Corporation
Extra
Lowell
6-30
7-
7-
<quar.)„—
Water
•.
6-15
3IV2C
6-12
15c
$l3/4
Lipe-Rollway; «lass A (quar.)
6-26
2
7-
V,
A
Gas
Electric
Lenox
6-10
$1 X6-30
40c
7- 1
■
6-12
$is/4
6-25
(redu. quar.i
—;
Leland
6-22
$$1.60
6-12
6-25
common*—"
•
6-22
7- 1
$2Va X
75c XX 7- 6
:•
6-17
50c
121,ic
(irreg.)__
(quar.)——___—_
Portland
Extra
6-15
1
6-19
7-
67c preferred (quar.)
;
Fidelity-Phoenix Fire Ins. Co. (N. Y.) -(s-a)
Bickford's, Inc., common--————
ti >$2.50 preferred (quar.)————
—r-
;
r7- 1
50c
6-30 X
class
Lehman
•
50c
(quar.)i——;
common
-
6-20
).w
6-22
6-25
(irreg.)
Telephone,
47c preferred
1
$1V2
Y.) (quar.)——
Equity Fund, Inc. (reduced)*-—*
Excelsior Life Insur. Co. (Toronto) (irreg.)
Fafnir Bearing Co. (quar.)——
Family Loan Society common (quar.)——
Sl'Va convertible preferred (quar.)__;
$1& cumul. conv-preferred A (quar.)—__
Federal
Services
Finance
Corp.
(Wash.,
t
3
\
6-22
1
6-30
(s-a)^..
preferred
Lehigh
6-20
¥25c
1
7-
25c
ireducedi
(quar.).;
•
6-22
(N.
Empire Trust Co.
2
6-
(quar.)___
Gas
•
6-30
6-30
(irregular)-^
K-2
Leece-Neville
7-15
6-15
(reduced)——-—___
Auto-Lite
Electric
1
6-30
37V2c
Pennsylvania; RR. (s-a)___—___
Eastern Canada Savings & Loan Co. (guar.)
Eastern Steel Products 5%, conv. pfd. (quar.)
7-
i>/4%
Lawyers Trust Co.
'
East
iy4%
(quar.i—
(James R.)
Crosse
$2
6-20
7-
(quar.)
$1
preferred
Lawrence
25c
40c
6-22
(quar.).
6'4-^ preferred
•
$134
;
6-22
1
——
-
7
6-30
t$3
6-22
1
—
Salle Extension University—
17c-:: preferred (quar.)
Langendorf United Bakeries, c>ass
6-22
8-
1
7-
*
La
•
6-26
1-
3
7-
(E.) Sons Co., com.
67c
6-30
f$214
(s-a)
La
1
7-
t$l%
(quar)
>
8-20
1
7-15
25c
(Toronto)
of Canada
Goderich Elev,ator &
$$2
6-20
A 7-15 X
$4
Ale, Inc. (quar.)
Goodall Worst^d Co.
CanaHlan "Tube &' Steel Products, Ltd.,; 77o \ : ;
6-15
1
9-
30c
______
(s-a)—
1
7-
:
6-30
7-
•
—
Kittanning Telephone (quar.)—
Knott. Corporation-<s-a)
6-25
7-
A
$1%
1—
—
50c
v
1
6-30
1 Ya7c
(quar.)
Extra
6-15
7-
.
,
6-15
6-30
'•<:; 7I/2C
15c
(reduced)—
;-
^V.vpreferred (accumulated)
6-30
'
10c
7-
7-15
7-15
$75c
pfd. (quar.)
conv.
J17c
t$l3/4
common
preferred
7-15
$i'/4
Brothers, founders shares
Series
l v
7-
9-30
(pay¬
preferred (quar.i
Kendall
Refining
Kentucky UtlLties, 67c preferred (quar.i...
Keystone Custodiaji Funds, series B-l (s-a)
'
1
tlOc
——___—
v
Hats.Ltd. (quar.)
Birdsboro Steel Foundry &
7-
7-15
7-15
(quar.)
57c.
■■7 1-
Early & Daniel 77c preferred (quar.)—
Eason Oil C-.. S1.50 conv. pfd. (quar.)
6-24
4
$1V2
30c
7-15
1.
pfd.
6'k\y preferred
(s-a)a—:
Keith-Albee-Orpheum
.'
Kellogg Switchboard & Supply, com. (irreg.)
6-22
—____
1
8-
.,
"C"
Electric Co.
Kearney
«
t$lVa
cl. A
8-
•;;>.;
(accum.)—
Kaufmann, Department
V.
•6-22
6-30
General Industries,,
.
Biltmore
6-30
t$lVi
(accum.f$l'/i
Co.
Industries, Ltd.—
preference D
$7
6-30
;•'
50c
30c
7-20
6-30
6-30
7- 1
7- 1
7- 1.
7- 1
7- 1
7- 1
V
6-30
7-10
7-10
6-20
17c: preferred (quar.)
Kansas Power Co. $6 pfd.
6-17
6-17
80c
(quar.)__i
$1
Duff-Nortqn'Mfg. (quar.)
Duval Texas...Sulphur
6-30 .*
.
:
1
preference C
Kahn's
*
6-20
1
7-15
30c
(quar.)
Co.'
Tunnel
Fire
Fireman's
7- 1
(quar.)
*__
BancOhio Corporation (quar.)
^
Barclays Bank (Dom. Colonial & Overseas)
London, class A and B (interim)— a.—2%
A
Class A and B (interim)—
—
47o
Barker Brothers f>VzT/c preferred (quar.)—
6834c
Bausch & Lomb OpUcal common
25c
;5'v
convertible preferred (quar.)^:
61V4
Beacon Associates common (quar.)———_
35c
7Ve' preferred (quar.)
_______—__—___
43%c
Bourbon Stock Yards (quar.)——
SI
Baldwin
7-
7-
7c
Non-voting
1
5
(quar.)
6-20
com.
(quar.)
(quar.)._
Jenk.ns
$2
preferred (quar.)
Stockyards Co.,
Ginger
Fishirtan
7- 1
7-1.
7-1
6-30
7- 1
Electric—:—50c
25c..
.
,50c
.*•.•;< 50c
i tSl'/z ;r;
A
(initial)—
—
75c
Realty common (qnar_)_____
.
15c ,
Arrow-Hart
7-
5
7-
1
preference B
5
6-26
8-1
7-
7-15
7-
Foundat., Ltd., 6%
Jefferson
6-20
1'
7-15
common
(Toronto)
Class
Arundel Corporation
-
7-
7-15
37Vic
37Vic
12Vic
57c
•••
3
7-
37 Vic
7%
6-26
7- -6
$3
•
Giorgio Fruit Corp. $3 partic. pfd.——_
6-19
8-1
7-31
7- 1
t$lV4
7-14
•
6
20c
r
Insurance
'
~
convertible prior preferred
—_
Anchor Hocking Glass Corp., common......
:
$5 preferred (quar.)
7-
$l,/2
(quar.)
(quar.)^__^______
class A
preferred
6- 8 '
7-15
8- 1
50c >:* 8- 1
:$5
A
(quar. )4—
Co.
River
6-15
50c
——
—
1
7-15
(quar.i
1
Funds)
Fund
6-19
7-
6-20
Inc.___^
Jamaica Public Service, common
77c. 'preferred A ;(quar.)—
-:•
a
(quar.)
Union
6-30
12V4CX
X. $1'4
__1—- -—
American Zinc, Lead &:
8-
S.
6-16
6-10
1
6-23
Prod.
Milling, 57c
U.
Investors
v
$1%
&'Sons 6 7(- pfd.
Edison
6-19
25c f
Bottle, com. cl. A iquar.)
American Thermos
(A)
conv.
572.7c
,
6-19
6-15
6-19
,
Invest.
.
3
7-
in
6-25
7-
1
Powders,
preference A
conv,
7%
,(i-a)__
International Corp.
Detroit
6-23
6-23
i,—$134
'V- Extra
IX «•?
25c
(quar.)
conimon
\
6-24
1
8-
•V
SIV'a'
A;:'<qiiar: )'__;l'_"_-_!i_i__
(quar.)_;__'___4___
.
Dominion
6-24.
7- 1
7- 1
6-27
Welfare Trust cl. A <s-a)__
American Telephone (Abilene, Kans.)—
57o preferred (quar.)
.
_____
•'
7-
4c
X:
Reynolds Corp. $6 conv. pfd.____
Detroit
6-17
7- 1
$134
.
S3
American Public
•v
35c
B
Denver
6-23
6-23
8c X 6-30
Rubber common..—
(quar.)
6- 8
50c
—
——
7-10
6-20
(quar.)
Foundry,
6-30
6-20
50c
$1.31'/4
__—;
able
6-22
$2
•
6-1
6-20
6-20
15c
___*..;
1
10c
River RR.—
C^;
Steel
&
Forster
&
Class
6-30 XX* 6-20
,50c
$lVa
X,X
1
7-
f50c
Roll
Cork
De Pinna
6-18
6-15
7- 1 '
6-30 „
—.
fQuarterly
—w—
—**.
American Central Mfg. $4 conv. pfd. (quar.)
American Dairies 7% preferred (quar.):.—
American Dredging Co. (irregular»•———:
American & European Securities Co. com.—
.
7-
X
Mining & Smelt,mg Co. (Can.),
(C. B.)
'Class
; •.
$1% XX 7- 1
6-18 r
$1V4
8-1 XX 7-17
Mining Co. (irreg.)__
5c
(irregular)———
25c
Allegheny & Western Ry. Co. (s-a)__
S3
Allemannia Fire Ins. Co. (Pgh.) (quar.)—— X*. 25c
Extra
>V X
5c
Allen*Wdles Adding Machine com. (quar.)_
$6 preferred
(quar.
X———
American Business Credit Corp., class A
American Casualty Co. (Reading, Pa.)—
i
/"
Co.
7-21
6-30
preferred
67c conv. preference
6','c
Co.-
(quar.
Ins.
6-13
8-17
1
15c
Cellucotton
International
25c
$134
Life
.
"
6-19
t$2
Bronze
International Metal
'
t
Co.- (reduced)—
'
Extra
'
.
Crum'& Forster Insurance Shares—
6-20
6-10 '
7-1
7- 1
7- 1
Consol.
—
6-22
(quar.)_
fi-%: preferred
of Rec.
Payable
Metal Products
—
6-30
.
Investment
Dominion Bank
—
Alaska-Pacific
6-19
"
Holders-
When
Share
—_—
1
7-
•
(s-a)_———»
$3
Mills, Inc. (irregular)-^—.
10c
Power Co., $6 pfd. (quar.)
$l'/2
(quar.)
6-22
(s-a)
Diamond
Per
—
6-22
Utility Banking, class -B (quar.)_—:_
Crown
Abercrombie & Pitch $6 pfd.
(quar.)____,2——
6-30
•6-30
I2V2C
Trust
1
1
8-
$1 '/4
l'Ac
Pneumatic
6%/participating
7-21
25c
&
6-20
7-
9-
6834c
(quar.)—,
Paper & Color Corp. (Irregular)___
Foundation Fund (quar.)
International
6-22
(initial)-—*.
Bank
Continental.^Insurance
Di
preferred
$5 preferred
-i
}75c
Ltd.
J?
$7
7-21
7-31
i'A
(s-a)^____^_
Consolidated Machj Tool $6 1st pfd.
Cfedit
Company
n;
6-30
(quar.)_
6^- preferred
grouped in two separate tables.
Nome of
6-26
25c
(quar.
&. Passumpsic
Continental
.
6-12
1
$1%
(quar.)
Ltd.
6-30
15c
(quar.)
6-15
f$l'/4
...
(C.
Connecticut
issue.
'
All
Y.)
6-15
(qaar.)___—
Tool
i
Indianapolis Power & Lt,, 5XU 7c pfd.
Inland Investors, Inc.—___—
1-
20c
<N.
1
—37VaC
21/2f/p
$1V2
common
preferred
conv.
Independent
Ry.
•
Connecticut General
The dividends announced this week are:
Alabama
Yards
Edison
17c ' preferred
In the
first we bring together all the dividends announced the
current week. ; Then we follow with a second table in
which we show the dividends previously announced, but
which have not yet been paid.
Further details and rec-.
ord of past dividend payments in many cases are given
under the company name in our "General Corporation^
and Investment News Department" in the week when:
Alabama
Stock
7-
pfd.
conv.
Income
6-19
(interim)-
com.
$l'/2
\
6-20
1
$134
-
G.),' Ltd., common (quar.)
6%' preferred A (quar.)___—
2288
2288
2288
2288
5'/a7c
Imperial
A;; $114
Bronze
National
Commonwealth
*
DIVIDENDS
4
1
7-
$1
'
1
6-20
30c
International
7-
.</•/'
(irregular)_
Louis
Material,
Hussmann-Ligonier,
'•
6-19
6-30
.
$1V4
(quar.)__
St.
1
(irregular)
j—
6-20
7-
Bay Co., 5'tr preference (s-a)__
Hummel-Ross Fibre, 6% pfd. (quar.)
5
9-
Field
of Rec.
$ 1 »/2
(quar,)_
'
75c
preferred
$5
Steamship,
Corroon &
declared.
9-15
40c
(quar.)
tquar.)j
&
O.l
(N. J.)
Holders
7-10
20c
Hudson
6-30
9
$l3/4
pfd.
Lighting & Power
Quarterly
When
Payable
v
.
(Irregular)
Houston
v
6-22
7-
Per
share
.
Co.
Hardart Baking Co.
Horn fc
6-22
3
$1
(N.) Y.) f(quar.)i__J__
Cot,trail
are
1
7-
•
Plantation
Houston
7-31
(Dan) Company
17c 'prior
Dividends
7-
90c
(quar. >___:
Commonwealth
7-10
7-20
$1V4
(quar.)
(qual-.)___.
Union
Commercial
A
•Announcements
x
57c
,
West? Ohio
,
;
pfd.
Warehouse
Graphite
Colonial
2191
1
1
1
1
Aug
mtge.
67c
7*A pfd.
Trust.Co.
Cohen
2190
1
6-16
(quar.)____
(quar.)__
Corp.,
Corporation
Clinton
2014
——July 9 X 2288,
News & Hampton Ry., Gas & Electric Co.,
ref. mtge. 5s, due 1944__i__
;_Jan
1
2288
Gas Cor 1st mtge. 5 %-bonds due 1958—^.—July : 1
2192
' Newport
1st
Cliffs
*
1952.:—i_—
1946—
due
1956
due
;
C,
ser.
debentures,
f.
s.
6s,
Co.
Telep.
Iron,
preferred
Cleveland
2190
•.•:,
6-30
.
5c
Chicago
preferred
5 % '■
71
.—Aug
B, due 1950______*.:—_______—Aug
ref. 5s, ser.
&
Aug
July
bonds due 1967
Co.,
&
Cine.
Cleveland
1st
Union
.:
5
bonds
5V2'h
Co.
Printing
•___■,
Co.
Ice
Storage
Cleveland-Cliffs
2189
56
——
4\
i.. common '.(s-a)
1
due ,<
—July 1
mtge. 6s, due 1947 and 1957_—Jun 23
Bldg. Co. 1st mtge. 5 V2V0 bonds-due 1950.July 1
•&
Bleachery
—
Standard
1949.
due
6-21
Corp.
Tobacco
Cleveland
1927
2099
.
series A,
bonds,
Electric
Cincinnati
2189
July 1
Smith & Wesson, Inc. 1st mortgage SVis, due 1948_*LJuly
1
Springfield City Water Co. 1st 4s, series A, due 1956—July 6
Square D Co. preferred stock
.___—_—_—
Jun 30
trust
Cold
Chesapeake-Camp
2189
1
1
1
Payable from net income of Luce & Co-
City Investing Co.
_________
Sisters of Charity of
J
General
Central
City Gas & Electric Co. serial debs., series A
July 1
2189
Cincinnati 1st & ref. mtge. collat.
X.A'.XrX
Sioux
Clinchfield & Ohio Ry.
&
Chicago Title .& Trust Co.
Schuyler Hudson Corp. 1st -4s, due 1947—1-1.-;
July
Scovill Mfg. Co. 3'/4 7c
debentures due 1950_„—
July
Seaboard Air Line Ry. receivers' equip, tr. ctfs—^-..July
7-
Cayuga & Susquehanna RR
Central Aguirre Associates (special)—
2098
2284
1B44
1
6-21
$1
;
•
.
Name of Company
Honolulu
1
u_'.
Carolina
Central
July
/••,■•'
of Rec.y
7-
6834»C
(quar.)__L_____'
preferred
Carriers
1
Payable
10c
Carborundum Company
bonds due
mtge.
—
—
5 Vi'io
2187
1
30
1
Mills, Inc., 1st mtge. 6J/2S, series A,
'
.--July
Victory
Saratoga
—due
1st
Corp.
—
of Company
Shoe, common Xquar. )_1
Cannon
.
1
—July
When
share
,
Name
2097
2187
1
1915—-July
4 Vis dated
1st mtge.
Pipe Line Co.
Eastern
2097
'—
Holders
Per
Page
<
67c
income
bonds, series C, due 1962
\37c
Date
Jun 27
:
v.
debentures due 1959
Oregon-American Lumber Corp. 1st mige.
! bonds
due 195Q_^.__^_——
Paducah
2327
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
.Volume 155
Mills Corp.
Furnace &. Supply, common
convertible preferred A (quar.)
convertible preferred B
Pennsylvania Sugar Co.,
57c
(quar.)
pfd." iquar.)__
$lVa
50c
$1
25c
"
50c
$1.40
$1V2
$1
7-15
7- 6
7-1
v
10c
7- 1
6-30
7-15
15c
7-15
15c
7-15
7- 1
12V2c
/.
:
6-15
6-15
6-15
6-30
6-22
7-
6
6-20
6-20
6-17
6-22
7-
3
7-
3
7-
3
6-17
,
THE COMMERCIAL & FINANCIAL CHRONICLE
2328
Per
Name of Company
Pennsylvania
Electric—
Fuil
..
Securities,
Co.
Philadelphia
Company
Fashion
25c
common
Corp.
Atwood
(quar.)
—
J., $5 pfd.
Public Service Corp. of N.
<6%
preferred
preferred
preferred
preferred
Putnam
steel
Rftiston
Wo
——
Ifund
Richmond
Rickel
&xtra
shares)
Rome
.JBlCfeJn
Copper
(interim)
C.inton
&
Royalty
Ltd.
(Amer, -
Brewing
&
Malting
Co.
Sha-reholders
t,
7-1
(reduced
Shawinigan Water & Power
com.
9-
t$2y2
t$l3/4
6%
7 %
Electric
Corp.,
Quarterly
—
American Asphalt Roof, 6% pfd. (quar.)
American Bakeriesr class A .(quar.)__-i_^rr«i~
6-30
6-15
8-25
Extra
.
7-24
7-
6-24
Insurance
Co.
y
12-31
12-15
\
12-31
12-15
$5
'
Nut
'
v
7- 3
■■
•
7-15
$l'/2.
50c
25c -vi 7- 1
/.
4r*„
■;
75C
.
>
Ltd.
60c
Association
Sbfill Transport &
Shippers
(Boston)
Paper
*%-6%
Corp.
6%
jSorg Paper,
B
preferred
(quar.)—
1
6-19
$lVi
7-
$1
6-15
.
American
7-
1
6-22
7-
1
(irregular).
com.
37V2c
•
______
25c
Southern
<
•
7-
.
5 >/4 %
1
■
17%
preferred
/Southern
Fire
iquar.)________.—,
New
England Telephone
Southwest Natural
46%
Screw
Gas, $6 preferred A
Co.,
preferred
(Standard
(s-a)
jf&ste Street -Trust Co/ (Boston)
JJfe&ytonOilCo.
(quar.)
(Frederick) -& Co., commons
StaBarns
35%
participating
Stisel
Products
Tfiiiuride
Tewy
preferred
7%
Turbine
Co.
preferred
Titie Insurance
of
Minn
6-30
(reduced
2nd pfd.
pid.
6-15
7%
6-20
American
Express Co.
6-15
American
Felt Co., 6%
6-15
6-
67e
9
6-15
6-20
1?
7-
■
American
v
7-1
7-1
6-22
7-
6-23
50c
.....$4
$134
(quar.)
7-1
6-15
17% prior lien preferred (quar.).
Underwriters Trust Coi (N.- Y.) (quar.)
Stock
Fund
A
Common
Stock
Fund
j
(irregular)
Hoffman
6-20
6-13
6-20
6-13
.
,42c$1
6-20
7-15
Walworth' Co.
1
preferred—
-
7-1
6-1
convertible
preferred
7-.1
>
6-22
-
6-22
7-1
7-
1
6-12
,
.6-30
6-15
8-
1
:6-30
6-19
:
1
American
7-
1
American
■
6-18
7-15
50c
6-19
y
7%
preferred
(quar.)
7-15
6-27
8-1
7-14
American
Screw- Co.
$2
7-
6-25
American
Smelting & Refining,
7-15;
6-27
$1
(quar.)___
1
25c .8-1
7-15
6-30
6-30
10c
7-
1
■
:
i
American
6-22
•
6-22
1st
(irregular)
6-15
6-19
American Snuff . Co., common—
6%
preferred (quar.)_„_
6-19
American
Stamping
7-2
6-25
American
States
Ins.
Stores
6-30
2
75c
7-2
6-19
-
43%c
9-1
8-15
-
8-
1
7-15
7-
1
6-15
& Telegraph (quarT)
American Thread Co., 5% pfd. (s-a)
American Tobacco Co., 6% preferred (quar.)American
American
....
.7-
50c
6-19
1
8-31
.
30c;
SI-75
S%
Whiite
convertible
preferred
Villa
preferred
American
(quar.)
(quar,i7%q
Grocers
Wtwtney Blake Co.
6%
pfd.
(quar.)
(resumed)
,
$u/2
-25c
Wichita Union Stock YaHs
pfd. (s-«.)__ •
Wilcox & Gibbs Sewing Machine (special)—
Ymmg (J. S.) & Co., common (quar.)_
17% preferred (quar.)_____—
6-30
6-22
$3
7-15
7-10
$1
7-6
$1%
$6
6-19
7.
1
j_
6-19
(s-a)
Co.
Co., Tnc
Below we give the dividends announced in
previous
weeks and not yet paid. The list does not include
dividtods announced this week, these
being given in the
preceding table.
Ahfcott
Laboratories,
D.l
Co._^
Mfg.
pfd.(accum.)
Addressograph-Multigraph Corp.
Mfg. Co., Inc., class A
Aero Supply
Aeronautical
Securities,
Aefeaa
Casualty
Adoa
Insurance
Aetna
Life
Affiliated
&
Surety
Co.
Insurance
Fund,
Inc.
40c
6-30
6-11
f 6-30
6-11
7-15
7-
7-
t$3V4
1
2
6-18
15c
(quar.)
6-26
6-15
6-29
25c
(quar.)_
(s-a)
(quar.)—$1
(quar.)
(quar.)_____
Inc.—_—__
7-10
6-24
6-16
1
'
15c
40c
30c
4c
6-15
7-
37V2C
6-30
6-16
7-
1
6-
7-
1
6-12
7-
1
7-15
&
&
Co.
Constable
6
6-12
6-30
Corp
Extra
Ltd.
Oil
&
7-
6
Associated Breweries of Canada, com.
7%
preferred
Associates
preferred
Financial
Atchison,
5%
5%
1st
Santa
preferred
Gulf &
9
Ry.
7-/1
v
6-27
1
:
6-15
7-
1
7-
1
Rayon
prior
Corp.,
SS.
'
common
6-22
preference.
7%'
7%
6-30
6-30
/
6-15
;/
6-22
6-13
7-15
6-30
7-15
6-30
t$iy2
1 \
6-
.6-30
•
l $3 Vz
Co.,
Ltd.
//
.
6-25
6-20
7-
25c:
.
.
6-25
1
7-15
132 Vic
140c
6-23
7-
1
'
6-12
'
.
\
$1%
/
5*
6-26
1.
6-12
8-
1
7-24
.
6-16
6-23
50c
>
V
7- 1
17-1 :
.
6-15
6-15 V
125c
/ 7- 2 -
7-2
6-20
150c
;
7-15
6-30
25c
y
•/
7-
37V2c
6-11
,
1
H
6-25
;
.
6-19
6-10 '.
'
75c
Corp., $6 preferred
7-10
Corp., 6%.pfd.
6-30
1
6-
9
;
'
$1 V4
7-
1
7-
$lVi
6-30
$l>/4
8-
.
.
"
6-20
;: :7- 1;
$1%
(s-a)
& Eastern Power Corp.—
(quar.)_
preferred
(quar.)_j.__^._:_____i_____
(quar.)
40c V:
:
117 %c
/
6-13
1
.
6-13
6-
,
8
1
'
7-15
'7-/1/
6-15
7- 2
6-30
6-
50c
7-1
6-22
15c
7-
2
6-15
$1.9177
y; 4%
7-
;
6-15
50c
...
due
the
Aug.
quarterly
and
1
dividend
Interest
&
yj-*?
thereon
/•;
2
•:
of
at
'f-'.V'
'•'/ y
Wireless
(A.
S.)
Co.
1
6-16
37V2C
8-15
7-31
62V2C
8-15
"
75c
(quar.)
6-15
6-26
6-12
6-25
6-
1st pref. (quar.)
Northern
•
7-
1
6-15
7-
1
6-15
Southern
Ltd.
4
6-15
6-30
6-15
6-27
6-13
Ltd.,
6-27 /:
6-13
tl5c
7-25
6-20
J$l3/4
7-15
6-20
com._
(quar.)
t$l
Corp.
(s-a)
7-
2
t$2
(quar.)
7-
2
6-15
8-^1
6-30
$iy2
•
6-16
Breweries,
Ltd.,
$3
conv.
pref.
Stockholders approved plan for
arrears by raising the annual
(quar.).
clearing all
:
y
dividend
rate
from
$3
to
$3.40
and
in¬
'
•
'
!
creasing the redemption price of this pre¬
ferred
Canadian
*
7-
f50c
.
+$7
Corp.,
6-30
,
preferred
Mortgage
Ry.
7-10
•
$$1 V4
.
(quar.)
Permanent
/J20c
':
Ltd.—
f30c
Power
9
t$lVa
t62%c
:_J
•
non-cumulative
preferred
7-31
1
25c
(s-a)
Cycle & Motor Co.,
7-
31V2C
(irregular)
stock
—:
t85c
common
(quar.)
(quar.)
5-15
tl2i/2c
6-15
.
125c
6-15
.
t5c
Canners, Ltd.
6-15
115C
6-15
^
conv.
preferred
(quar.)
Participating
6-22
6-30
6-30
20c
1
.
6-16
Niagara
<;60c non-cum.
6-20
>1
6-30
6-16
40c
(quar.)
5%' 1st preference
Lines—
6-25
6-15
'
50C
Participating
6-30
5-30
2
6-30
Pow. & Gas—
Distillers
National
Canadian
7-
7-
25c
.
Inc.^
Co.,
Packers,
;
6-
r
7-18
UlVi
(quar.)
Investing Corp.^_..___.__
preferred
Canadian
-' 6-12
8-1
.
Canada
6-15 j
6-30
62 %c
7-. 1
.
.
Power, Ltd.—
Canada
6-10
10c
6-30
6-30
20c
(quar,)____«______
Oil
Canada
6-10
7-1
..
6-22
,/
6-23
75c
—
-
Canada
6-12
,
6-30
$2'/2'
^
6-30
50c
-
Bucyrus-Erie Co., common___._______™___i
' <7%
preferred (quar.)'__
6-15
6-15
6-30
$2'/2
6-20
7-15
16c
20c
5%■ s. f. first preference -(quar.)
Canada Machinery Corp., Ltd.-—Common
(interim)
.
6-15
6-29
$2%
Indies
6-10
1
6-17
Canada
6-15
7r
6-30
preferred
5-29 /
1
7-
6-17
Common
50c
(s-a)
(quar.)____
(quar.)
6-30
7-
$4
(reduced)
Canada Bud Breweries
|
Co.—
Fe
/
6-18
$2»/a
Cahada Bread Co., Ltd., 6%
5%' class B (quar.)
.
$1%
■
(s-a)_
7-15
7-10
1 i
6-17
6-23
37'/2C
(quar.)_
pref,
7-
$iy4
Campbell, Wyant & Cannon Foundry Co
:
6-23
t25c
(s-a)
West
non-cumulative
Atlantic
$2.50
&
75c.
7-15
■
7-20
40c
• (Holding.),
Ltd. (final)
Packing Corp., common (quar.)__
>5%• preferred
(quar.)_
,t
Camden & Burlington County Ry. Co.- (s-a)
■
Birmingham & Coast RR. Co.—
preferred
Atlantic
-5%
.Topeka
non-cum.
Atlanta
Co., common
(quar.)—
Corp.,
•
$$1%
—
Investment
5%
Astor
/>* 6-
10c
(quar.)
(quar.)
7-31
nv/2
California
.
6-20
t20c
(quar.)__
common
62 Vic
(lrregular)______^_____..y
qJ * g
,
,6-20
6
'.7-1
25c
Refining,
1
7-31
6-30
Cable-
6-15
JlOc
—
—
*
7-
$1
'
/
12 '/2c
(Increased quar.)___
a
'
6-15
50c
J
6-12
6-30
$1.75
y.
5-29*y
.6-10
6-29
Equipment Corp.
Asbestos Corp.,
6-15
(quar.)_.
■representing
6
'
—
6-25
6-30
:
~
6-30
v
6-15
7-
.
preferred (quar.)_—
15c..
& Light Co., $6 pfd. (quar.) y;
$iv2
$1%
(quar.)——_ 1——
■"''
$l3/4
(Del.), 7% preferred (quar.)
(111.), $6 prior pfd. (quar.)__ y.t$iy2
Co.
Ashland
20c
—
Co.
of Rec.
$1
:____
Works, Ltd., 6!/2%
Express
(J.
(quar.)
Holders
10c
——
preferred
Acme Glove
Adams
Adams
(quar.)__
common
lExtra
4%
When
Payable
;
;._7-i.
Arkansas Power
Aro
Per
share
7-1
..7.- .1
6-30
Armour
Name of Company
_
.
.
.16-30
Arnold
,
6;
$3
Armour
6-30
f30c
Watch Co. (quar.)_________________
Burlington Steel Co. (quar.)
(A. M.)' Co., 7% pfd. (accumulatedI,
6-15
7-15
$1
preferred
r
$l>/2
(s-a)__
'
6-30
Byers
7-1
!—_—
$7
'
>
Bulova
6-11
.
—___
^
6-22
6-22
6-30
:
$l'/4
6-10 y
$2.25
preferred (s-a)
Arkansas Fuel Oil, 6%
class A
;
6-30
25c
Company
-6-5*,
preferred (s-a)
Anaconda Copper Mining Co.
Arcade Cotton Mills,
common—_______—
6%
8-25
87»/2C
6.4 %
7-1
75c
8-25
9-1
40C
v
(quar.Ti-™--...-™...
Motor
Campbell
——
9-1
371/2c
!___^
(quar.).:
pfd. (quar.)
Bullard Co.
—-
(semi-annual)^—
common
40C
(quar.)
Building Products, Ltd.
7-2
.
$lVa
6-16
5-19
'
y
.
vl2'/aC
:y si'/a..
7-1
$1V2
$5 ./preferred
6-11
7-1
$2.2o
——————
$4.50
;
Flee.
&
(quar.)
Co.,
$i»/4
•:,
—_
—
Works
Water
preferred
Amoskeag
6-26
7-
$iy2
Surety
American Telephone
$l3/4
(quar.)___:
v
6-16 *
0-30
.
6-20
.
'
$1%
5
6-20
1
7-
75c
Buffalo
7- 3
6-13
6-30
(quar.)__
K
6-15
Buffalo
6-13
.
.7-1
25c
pfd.
6-
7-
8- 7v
7-31
.
"
Sugar Refining, 7%
6-20
■
1
6-29
7-1
■
American
7-
50c
$5
6-15
$lVa
(quar.)____
$l'/a
(E. .Lr).' Co.,: common—
:31/2% preferred' (quar.)___y_____________
preferred (quar.)_______y___*.__
Brunswick-Balke-Collender*—*
6-19
6-30
.$i;
y 6-30
$V/2
: y 60c
7r. 1
y
V
75c
6- 9
7-15
-
.50c
__r._
'
■7%
:
—^_i:—
■mm
$1%
Bruce
9
1
6-30
7-
10c
12'/aC
(Ind.)
6-
7-:i
;
t75c.
Co
(quar.)____
1
Brownell
.
9-4
t62y2c.
Co.
t$l%
WesftKootenayPower & Light—
7-1
-
6-15
6-30
Brooklyn Borough Gas, common (quar.)_;
6%' participating preferred
(quar.)
12-4
.
6-15
6-30
$1
Brown-Forman
6-15
9-15
.
7-1
Co.
6-19
-7-1
"
v
20c
W/o preferred (quar.)TStost Michigan Steel Foundry—
:;6-30
12-15
—
75c
6-19
9^
$i3A y
common....
$13/4
(quar.)___^__'
(irregular)
6-
•
(quar.)_
6-15
'6-30
(quar.)
Ltd.
Columbia
Broad Street
•
$l'/a
6-15
6-23
62 '/2c
:;'A;..(qUar.)yyi_wi-_i,_-™i,yy__j___..
Brockway
6-10
,
Building Co., common
preferred
Ship
7-15
.7-15
;
.6-24
$l3/4
non-cumulative
7%
-
preferred
1.
6-19
25c
6-15
7-15.
.7- 1;
6-15
Co
& Sons
preferred
'Class
:
6-26
..
6-10
1
(irregular)
Co.
Co.
American
Bfitish
-
I 6-30
American
7%
1
8-
6-15
...$l^y:
$1
7-10
!
y 6-15
1
20C
(quar.)_—
•v
2
7- 1
(quar.)
(quar.)_^i
British Columbia Elec.
y 25c
87%c
7-20
7-20
78-
•
,
t$i%y
Foundry Co.
Co., common—
Maize-Products
Power & Light Co., $5 pfd—____
$3'■■•preferred-;
Republics Corp.——
American .-Rolling Mill Co.— 7
4V2%
convertible preferred (quar.)
8-1
.37 %c
■
American
'
British
6-19
,7-1
a
-4
^^30cy
________
:
2
7-
7-
Property Trust
Mines,
Common A
6-15*
1
6-30,
62 %c!
preferred (quar.)___—i———--lliL—
Optical Co. (quar.)___——
American Paper Goods, 7% pref. (quar.)__
6-30
6-30
-10c;
7%
6-18
7-1
Machine &
7-
6%
—
7-21
-
111.—
of
(quar.)
preference • (quar.)—
!—
Light & Traction, com. (quar.)__
6% preferred (quar.)
American Locomotive Co., 7% preferred.
7-21
8-
Co.
75c
,
_-:_20c;;
.
7-
.
75c
(quar.)
7-1
'•
6-12
37 Vac
Cordage, $1.30 preferred (quar.)_
Brandtjen & Kluge,-Inc. (quar.)
Brazilian Traction, Light & Power—*
Ordinary shares (interim)
8%i preferred (qtiar.)
Bridgeport/ Brass COi,; common^__L_w
5%%
convertible preferred
(quar.)
Bridgeport Gas Light
Brlggs Manufacturing Co
Brillo Manufacturing Co., com.
(reduced)
6-, 5
6-30
4
6-15
1
30c
"v,,
Brantford
:
6-12
6-
7- 2
'7-
"
Brandon Corp, class A—
■7%. preferred/-'(s-a)_i._i.
7-13
6-26
10c
__
Extra
.6-11
6-12 K
/•
10c
(E. J.)
Bralorne
■-
1
(Del.)—
common..
Storage Warehouse
Brach
6-15
.
.
7-15
.
,
1
Ry.
Boston Wharf* Co.
8
6-15
7-15
$l'/a
$L*/a.....
25c y
-
8-
: 6-19
6-22
y
Boston
11-25
;
1
7-
J-
1.
8-25 y
y
1
,7-
$1V2
5'/o. conv. preferred
6-30
15c
68%c
common
(reduced)—
(quar.)______;
preferred
preferred
1
8-15
I2V2C
$2
6-25
10c
Co., common
15c
preferred (quar.)—$1%
second
9-
12-
nm
-
American
6-13
-
6-29
^fi(9iek Tool
JS3
'
American
(quar.)
"V-fgctientes-Camaguay; Sugar Co,
17%
preferred (quar.)_
Investment
25c
Smfelting Ref..& Mining,-com.—-....
17% ■ preferred (quar.)—....
•
Wagner Baking Corp.,
Personal
$V/2
—^
American
40c
3B.
-
(quar.)
6-19
50c
U.JS. Plywood Corp.
17%
Boston
(quar.)___
6-30
$iy4
(quar.)__
Universal Leaf Tobacco, common
d% preferred (quar.)—*
preferred
Products Corp. (monthly)
Insulator Corp., common.'.
JlOc
.
preferred
6-15
SVA.
American Home
30c
,
Insurance
.
6-24
Machinery Corp.—-
convertible
(quar.)
6-15
12c
-
Milk Products,-common
"63 participating preferred
U. 36. Fidelity & Guaranty Co. (Bait.)—__
d%%
Elevated
Boston
$1%..
7-1
25c
.
(irregular)
TJatted
V- $>.
Boston & Albany RR.
Boston
6-15
•
1
'
6-12
7-15
7-
t$2
Corporation
6-12
•
6-15
7- 1
7-
//:y' til
J$l3/4
Fisheries, $6 second preferred__i_—2
i
>
;/
$1
pfd.
Co.
A
7-1
7^
6-15
6-15
25c
Brass
class
Borg-Warner
6-23y
6-15 y
7-1
.
t80c
'/'
Booth
6-30 /
7-1
10c
6%
6-23
■y $ 1 Vi ;
$i3/«
.v
(quar.)
American
&
U. S5. Guarantee Co.
A
t$3
(irregular).
(quar,).
r
Share, Ltd.' (quar.)
>
ISaited Drill & Tool Corp. class A (quar.)—
Class B .-—A.-,;-.—— AiA-'-A-----.----./''-''
,
pref.
7-1,
-
Union Twist Drill Co.
Bond
6%
&
3
6-12'
1
$l»/4
$3c
/::
B
6-16
;.
7-
3
6-
6-30
;7-.l^
t$3'/2
preferred
.$l'/4
preferred (quar.)
$1
-
Preferred-Stock; Fund
United
$1%
;•
.•
piu.__
,
B
amnion
-i5c /
Class
Co.,
6-
6-30'
(quar.)
Mfg.
Aluminum
Ami
6-19
6-30
$1%
(quar.)
Corp.
Brewing, Ltd., 6%
6-12
J
7-1
'
'
Foreign Investing Corp (increased)
Fork & Hoe Co. 6% pfd. (quar,)_
•
1
Bon
American Hide & Leather Co.—
.Union Terminal Cold Storage 8%
•«ttodon Trusteed Funds, Inc.—, *'
t^nion
2nd
6-16
7-
:
15c
American Hardware Corp. (quar.)—1
American Hawaiian Steamship—'
Thvin States Gas & Electric Co.—
Union' Common
1st
$6
6-22
6-25
6%
,
6-15
7-1
'
75c
"
1
$1% y
■
Co., 7% pfd. (quar.)—.'/ y;y$L%:.v
American Gas & Electric 4% % pfd.
.(quar.)_ $i.ie3/4
American General Corp (special) _*—.
J i5c
American Hair & Felt Co.—
-V
6-20
$1
;
6-15
1
7-
6-23
7-15
(quar.)
7%
Laughlin, Inc.,
Blue Top
•
1
40c
quar.)
Bank
Inc.
convertible
6-15
7*
15q
vBloch Bros. Tobacco,
6-19
I
6-30
50c
American Furniture
6-20
$1%
preferred
American
6- 9
7-1
7%
Lines 5%
6-30
1
.
(quar.)—
A
'7-,l
$iV
.
__'
Envelope Co.,
preferred
6-19*
■
5%
2
m34
(s-a)_
common
Corp.
Decker
&
Bliss &
Bohn
(quar.)_
com.
(quar.)
American Export
6-26
Black
6-15
7-
'
Loan
12'/2C
Telegraph,
7-
$1
(quar.)
5%> preferred
.
Son,
t$3
50c
Black-Clawson Co., common
Preferred
(quar.)
•
,6-17*
lv;
<7- i :;
).50c
.
(quar.)—
District
American
6-26
-
6-30
115c
t$l3A
(s-a)___i..
(irregular)^..*..j
"Tawvelers Insurance Co. (quar.)—^.
Co.
6-27
-
$1%
—....—__™
Clutch
6-23
(Los Angeles)—
aauarterly
■Tcsrington' Co.
Twin Disc
7.-1
!pfd.w-!
—
preference
American
5
'
20c
—_—
Chatillon Corp.,:7%
6-20
9-
$13A
(quar.):
(quar.)___-_^_u_^___
Co.
7-1
25c
(quar.)-_c-___^^_
TiJAe Insurance & Trust Co.
HhS*ize
6-20
9-15
conv.
——
6-20
$l'/»
(irregular).
preferred, (quar.):..
Top Tailors, common
117%.
1
15c
:
iquar.)
preferred
17%
■
7-
6-30
$2
Engineerings
Power.
Steam
6-26
6-30
-7-*
-
6-19
6-19
&
6-18*
1
82 Vac
Birmingham Electric Co., $6 pfd. (quarJII
fe* $7 preferred
•(quar.>___j_j_v._L__^______y'
y
:
American Cigarette & Cigar— "
,V/v':
6%
preferred (quar.)
American Crystal Sugar, common
6%; preferred (quar.)_
—+_T—
American Cyanamid Co., class A (quar.)
?■
Class B; (quar.)i—
7-10
;
$1%. V" 7- 1
American Central Mfg. Co., 4 %
5%
„
6-30
preferred
6-20
Acid
(quar.)
preferred
6-22
$3
&
non-cumulative
6-19
6-30
tl5c
Co., 7%
6-23
6-30
IOC
$l3/4
40c
„
Phosphate
(quar.)
-V
$1.31'/4
(quar.)V—
30c
»
1-..——<_«!.——
American Capital Corp. $3 preferred————
American Car & Foundry Co.—
7-15
•
7-1
25c
American Can
6-20
f$l
common^--.-._»._w*
Wholesale
Works
$1%
$13/*
$3V2
-
.
preferred (quar.)
1
7-
ouc
(quar.)__
.
.
common.
6-26
$1%
.
(Durnam, N. C.)—
Process 7%
pfd. (quar.)
Franklin
Southern
6-30
7%
Ins.: Co.
Southern
jfilfltndard
&
pfd. .(s-a).
Foundry,
6-10
Bleachery & print Works—-
Bag
r
&
6-10
6-15
$1%
Paper________—
(quar.
Advance
Extra
6-22
■
Shoe
Brake
Bird
Steel
1
7-
35c
__
Bethlehem
6-15
7-
7V2c
y,
Industrial
6-11*
6-15
6-30
6»/4c
(quar.)
(quar.)
Class A; (S-a)_-_Participating
6-11*:
1
7-
/
50c
(quar.)
(Brooklyn)
Bessemer Limestone & Cement-r6%
preferred ■■ (quar.)
6-15
7-1
•
preferred
6-20
f
'lOCs
common————.
6-22*
2
t$l
______
/Southern
6%
Note,
(quar.)__
American Bemberg Corp., 7%
t$lVi
__
American .Bank
—
6-30
7%c
A
___
Southern Acid & Sulphur,
17%
pfd.
2%c
____________
■ _
preferred
series
15c
Trading <iinai>__
Car Line Corp., 5%
Simplex
(quar.)_;
6-30
20c
(quar.)
Nat'l
6-10
Savings
■
JBbfcwmut
1
50c
RR,
Bensonhurst
6-10
7-
.
Y.)
(N.
7-10 "
1
$3%
(reduced)
$2.50 prior pref., series 1938
;
6«-15
1
7-
&
1
7-
(s-a)
Y.)
-Common
6-30
j.
,
___,—__
6-19
.
Trust
8-
(quar.)
Packing Co.
Beneficial
7-15
6-30
6-15
30c
7%; preferred (quar.)
Bell Telephone Co. of Canada
(quar.),
?BendJx Home Appliance, common (Initial)
y 6.-16
7-i$
^
7-15
(quar.)
Belding-Corticelli, Ltd.,
;
:.
$1V2
/;•■/:/
(quar.)_
Co.
Mines,
Creek
Beech
5
6-25
6-23
6-15
$1%
Beatty Bros., Ltd,,; 7%
Beech
6-16
.6-30
(quar.)
6-25
Works
Gold
6-20
1
3
$lVa
(N.
Co.
6-30
6
6
50c
(W. D.) & Sons, class A (resumed)™
Creamery Co., common (quar.)
preferred (quar.)
^
Beattie
6-15 y.
2
7-1
$1.06 VA
(reduced)
'7-
6-
7-
Beatrice
Y.) —
(N.
r
Class
:
;9-15
30c
preferred! (quar.)
6-20
J23c-
y 9-30
;
6-18/
1
7-
(quar.)__
Yorktown
Iron
Beath
;
■
.V
American
6-30
9-15
10c
—
6-20
6-15
.6-15
9-30
7-1
6-20
1
6-30
; 6-30
J25c
6-20
7-
Bath
;,
1#,
7-1
6-15* >
'
1
7-
37»/2c
Barcalo Mfg. Co., $3.30 prior
pfd. (quar.)_
Bastian-Blessing Co., common (quar.)
$5.50
preferred
(quar.)
6-15
1
}
(quar.)
Barber-Ellis Co. of Canada, Ltd.—
y> y l % % ./preferred ! (s-a)
?
1
50c 5
7-
(quar.)
common
York
Bankers Trust
6-15^
7-
Ltd.___
1
55c
1
:y 6-17 ;y
50c
(quar.)—
7-
(s-a)
7-
75c
25c
(quar.)
Bankers National Investing, common
6% preferred (quar.)
7-
50c
•
7-1
6-10
Bank of
6- 61
$1% y
7-
2bc
Association,
-y:
6-10
15c
,i;
$1(4
(quar.)
of Nova Scotia
6-1
—
Amalgamated Trust & Sav. Bank (Chic.)-—
Quarterly
American Agricultural Chemical Co.. (Del.)
American AirlineSj .Inc.—
?
Alliance
Bank
6-27
$l3/4
Amalgamated
$4.25 convertible
6-10
6-25
preferred
6 2 Vic;
——_
New
$l3/4
Amalgamated Sugar Co.
* 6-19
Manhattan
of
:$iv4
7-31
6-22
of
Bank
$iy2
6-20
1
Bank
1
7-
7c
National
6-15
'6-30
7
America
6-20
7-
1
12V2c
$2 convertible preferred
,
___
of
1
;y
25c
(s-a)
7%
Bank
25c
(quar.)
Common (quar.) :
7% preferred (quar.)
1
•
-
(quar.)
V
1
7-20
6-12 "
8-
(quar.)
preferred
Hydro-Electric
6-15
1
1
$1
preferred (quar.)
preferred (quar.)
6-10
7-
15c
6-15
'
6%
1
7-1
$iy4
,>,• 7 % preferred (quar.)
6-26
1
25c
Manufacturing Co._
Manufacturers, common
(quar.)
Aluminum
Bangor
?
7-
:
43 %C
Goods
Common
6-29
2c
m
V
Co.,
7-
{
25c
preferred (quar.)
8-20
5
7-
(quar.)
——
7-10
6-30
•
lbc8-
$3
7-
y'-'
(quar.)
preferred
Mills, inc.
6% preferred
6-30
•
15C
common
Paper
7-1
35c
.
Aluminum
7-10
1
7-
10c
v
(quar.)______
'
6-20
6-20
:
.
1
7-
$2
(quar.)( A $1(4
quar.)____,
A
5c
preferred
Corp.
1
7-15 y
15c
■
—
Seven-Up Bottling Co. (St. L.)
35%%
convertible preferred
5%
1
7-
•;
-;
A--
_
.SeAberling Rubber Co.—
>
$2.50 convertible prior pref. (quar.);
Wo
class A preferred.-(quar.)—;
Shiftffer Stores,
1
v'j 7-
V
j&rfeway Steel Products (irregular).___
jttt. Regis Paper, 7% preferred—
J&etcltle
7-
7-15
6-20
6-30
A 37VacA
V-
(quar.-)—
(s-a)
7-15
6-20
6-30
Corp.,
Class A
6-20
?
1
7-20
Mines,
6-26
(reduced).
Aluminum Co. of America—.
7- 1
7-
:
Badger
12-19
7-
pref.
1
.
f 7-20
——
7- 2
12-29
$lMf
Mills
(monthly)
Backstay Welt Co. (quar.)
Baldwin
$1%
0} Rec.
(quar.)
(Hartford)
(B. F.) Sons 6%
Holders
Payable
Avondale
6-2°:
t$l34
$3
Insurance
When
share
Company
preferred A
Company,
Automobile
9-21
Ltd., 5%
convertible
Autocar
y
6-20
7-
6-30
1
1
6-23
8-14
7-15
$2
:
7-
1
Special,.. —,———
(quar.)___^_
Allied Stores Corp. common—.—
5%
preferred (quar.)—
Allis-Chalmers Manufacturing Co.
Alpha Portland Cement
Altoona & Logan Valley Elec. Ry.
9-15
(s-a)__—
(quar.)
$41/2
4%
Avery
7-
8-14
9-15
4c
RR—
Corp.
Allegheny Ludlum Steel Corp.
25c
preferred
2
10-
Products
75c
.
2
6-
Laboratories, Inc. —:
—
I
Antelope
Roan
Algoma Steel Corp.,
8-14
(quar.)_—^25c
common
6-
6-26
$iy2
Allied
8c
___—.—
6-26
6-20
$1%
Allied
50c
__
5 ;•!•>.•
Allegheny & Western Ry., gtd. (s-a)
2bc
$lVv'
>
6-
(quar.)
7-15
$2
:
--i
convertible
#1.50
6-11
9-15
$2
__________
6-23
(quar.)—
8-15
ts-a)
Extra
Preferred
6-15
'
25c •l;
Rochester & Genesse Valley RR.
Rochester Button,
A
6-15
15c
.—___
(irregular)—
Co.
6-25
8-15
—
:—
Rjyfee-Kumler
1
6-30
,
y 7-1
.
Preferred
7-
$1%
common.
& Co.
6-10
v
2c
1
Susquehanna RR. (s-a
Preserving, Ltd.—
; v
7%
preferred (quar.)
Albers Super Markets, Inc. pref.
(quar.)
6-22
1
6-15
;i
;
(irregular)
9-15
___
(Boston)
(quar.)™;
Co.
(reduced)
Bros.
(H. W.)
6-30
pfd.
50c
common
Car,
Wood
7-
2
7-
$4>/2
.
&
Alberta
6-20
75c
(irregular)
participating
Name of
Atlanta Gas Light, 6% preferred
Atlantic Refining Co.—
$4%
.
50c
(quar/l
preferred
Albany
6-27
$2
-1——-
preferre4/(quar.)
Wo
6-26
7-21
$1V4
(quar.)
-
(quar.jcl—U-.
Pyle-National Co,,
7-10
37V2C
(monthly)
(monthly!——
(George*
6%
(quar.)____50c
Mfg.
Inc., 6% •' preferred (qua,r.)__.
Providence Building Co.
(s-a),/!
Pollock's,
>6%
Ordinary
lbc
$1V4
(quar.)
Water
6-15
9-15
t$l
Bolt
Thrift
6-15
10- 1
10c
Screw
preferred
Brewing, $3.50
Union
6-30
6-30
65c
/
Per
of Rec.
6-30
t$l34
Monday, June 22, 1942.
Holders
Payable
$l'/4
Southern RR.—
Great
Alabama
When
share
Co.—
(quar.)—
preferred
10c
—_4
(s-a)
Pittsburgh
Pittsburgh
7-1
>
Engineering
7% pref.(quar.)
Agricultural Ins. (Watertown, N. Y.) (quar.)
Ajax Oil & Gas Co., Ltd. (resumed)
6-22
7-25
Name of Company
Standard
Agnew-Surpass Shoe Stores,
6-30
6-30
ylOc
—
i——;
Pittinfieid
/\7-15
boc/
—
(quar.)___
Mills,
Pittsburgh
#%
-f 1
5%
10c
—
preferred
&
(initial)——
Ltd.
—
Extra
•6'/a %
Per
\'
Aetna
Credit
People's
17%
of Rec.
Payable
5-1
Perry-Fay
Plume
share
j-/
preferred series A (initial quar.)__
$1.27 Vi
6^ 1
5.10%
Pilot
Holders
When
V
7.%
Car
&
•/■;
K/.
Foundry Co.,
participatinff
preference
Canadian General Electric
t5C
6-15,
Ltd.—
Caecum)
Co., Ltd. (quar.)__
<
$44c
6-">n
J$2
6-13
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
Volume 155
Per
V
,
Name of Company
-
Holders
payable
Of fleet
When
.
share
^
Coniaurum
6-16*
$25c
6-30
$25c
6-30
(q.uarO_^-"______„—„_—_
$$13A
6-30
6-16
Canadian Cottons Ltd., common (quar,)_._.
6'/e> .preferred (quar.)——l——
$1
7-2
6-
7- 2
6- -6
7- 1
5-15"
Canadian Celanese, Ltd.,
common
(quar.)__
VExtra5
■
7%
■
preferred
,.v
Name of Company
share
'
Sl'A
■
$3
6 V
\
t$2
78%,
preferred
Canadian Oil Cos.;, Ltd., 6% pfd. (quar.)l—
Canadian Pacific Ry.—
■
4',ir non-cumulative preference (s-a)_„-..,
Canadian Silk Products Corp.— '
•
^
$1.50 class A (qyar.)
i—;;;*
"
Canadian Western Natural Gas, Light, Heat
/& Power Co., Rtd., common...
Canadian WestinghoUse Co., Ltd. (quar.)...
Canfield Oil Co. common (irregular)
m;,
6-20
7- 2'
____
T
75c
.
6-13 1
7-
6-
fl5c
7-,
6-15
.Quarterly ,v—
Electric Storage Battery
$1%
8-
6-26 '
+OCIa
7-
6-10
Elizabeth town",
t25c
-
67o
preferred
Cannon
6-15
$$1
6-22
1
6-15
6-30
6-20
Cpnsolidated Laundries, $7'/2 pfd. (quar.)___
Consolidated Oil 6orp. (quar.)■
6-30
6-20
Consolidated
7-
6-17
ts-a)
f,7- 1
:
6-24
1
1
1
8
(Hart50c
30c :
$1'A
$1'A
$4c
,
(quar.)..
(quar.)....
/
6-
3
Consumers
6-13 "
Continental
6-20 '
/
__________
""
Carter
(J.
W.)
Co.
6-20
6-15
6-30
7-1
6-15
6r30
6-15
T/o, preferred A.
■.
El Paso Natural Gas, common..;.
Ely & Walker,Dry:GoOds— *
second
•/
6-24 :
6-25
6-20
7-
7-
1
,
6-15
:
6-15 "
,
6-12
;
•
6-16 '
7-
1
6-16 >
:
7-
1
6-16
*
$1%
'
7-
1
6-16
-
7~
2
6-22
Y.)—
7-
$1
;
6-17 *
1
'
$!'/«
t$9% V-
7-
1
6-20 ;
7-
1
6-11
$1.19
7-15
,
62'/2c
■
7-
-
6-30
f.
6-10 •;
1
$ie
7-
1
6-10
$1'A
7-
1
6-1P
*
$1%
preferred (quar.)..
preferred (quar.-)—
preferred (quar.)—-----
\
7-1
Citban
;
6-10
■;
7-10
-
6-12
•
lquar.)————
Champion* Paper # Fiijre common
\6%, preferred (quar.)— .1—"
Central Patricia Gold Mines, Ltd. (quar.)
Century Electric Co. (quar.)——
Chapman Valve Mfg. (quar.)—_—
Chartered
Trust
&
Executor
Chemical Bank & Trust Co.
Chesebrough Mfg. Co.
—-
(N. Y.)
(quar.i
Cincinnati & Suburban
:
1 $7
preferred
preferred
preferred
6-22
2
6-15 :
7-
1
<
.
.
Y
7-
■.
7r
1
Decca
Coca-Cola
1
8-
$1^1
Delaware
2
6-16
7-15
7-
$l>/8
7-
$iVi
r
1
8-13
6-15
$4
15C
H1/*-
6-27
$l'/2
6-27
7-
1
6-30
15c
6-30
hi 6-17
30c
6-30
7-20.
$iya
77-
7-13 •■;■:;
:
7-J5
6-15:
6-
8
•
1
6-15
1
6-20
20c
30c
6-30
.7-
V
:■>:
i:
/•'
■;
-
;
7-
6-15
■
1
7-
1
50c
v
*
6-l«
6-12 ;
»
6-12
'
6-30
6-12
"
6-19 :
6-30
6-
7-
1
6-,. 9
.*
25c
7-
Dresser
9
•
6-13
1
6-20
Common
$1% /
6-20
6%
6-30
6-10
6-15
7-
1
7-
l
6-15
7-
1
6-15
$1V*
7-
1
6-15
$1.62
8-
1
7-15 :
}■■
n
25c
;
•
"
7*15
7-15
6-30
75c
6-30
6-
■$4^
$1.06'A
6-30
9
r
"
6- 9
Duquesne Light Co:, 5% 1st pfd.
Eagle-Picher Xead,- common—
;6 % preferred (quar.)
_——
Eastern
75c
7-
1
$1.06y4
,$4.25 cony, preferred (quar.)—,———Commercial Solvents Corp. (irregular) —
7-
1
6-10*
30c
Commonwealth Lo^n Co. (Indianapolis) —
6-30
6-5
6-15
$iJA
$1%
'
6-10
7- 1
6-11
$i%
<
7-1
$iy2
:
6-30
7- 1
6-11
tsoc
8-15
7-31:
6-30
6-25
?$lVa
t$iy«
9-30
9-25
t$iy2
12-31
12-24
:■
r
V
Gas
&
Fuel
Associates—
,
Eastern /Steamship, Lines, Tnc —
* ■ :
,-$2 .convertible preferred '(quar.)..™..-.^.;
Egstman Kodak Co., common (quar.)..—.
,6 %•, preferred
(quar.)—
Eaton & Howard Balanced Fund...;-..—...
Eaton & Howard Stock' Fund__*;_;;;^;_l__.
Ecuadorian Corp., "ordinary "shares.;;.^.™
Eddy, Paper XJorp._-„w>.——
Elder Manufacturing Co., common.;-.;."...
Class A
(quar.)—
Electric Controller & Mfg.
Electric Ferries, 6% prior preferred (quar.).
9-1X
;
7-
1
35c
7-
1
25C
6-24
6-15
10c
7-
1
0-22
; 50c
7r 2
6-23
13A
7-15
of New Jersey (quar.)
Co.
V
$ Trust Co.
preferred
<N. Y.
(quar.)
(annual)
——
teoc
7-
$40c
,
:
»
6-25
12-23
6-25;
7-
7-
7-
1
10-1).
12-23;
1
6-22
6-10 A
7-20
7- 3
7-6
6-20
1-5-43
12-19
10-
1
12-23
I
12-23
6-20
25c
7-25
7-15
$1,183A
7-25
7-15
15C
6-30
B
1
,6-15
6-13
•
.
6-30
15c
6-30
6-20
5c
6-30
6-20
6%0
6-30
V
■
—
7-
X
6-13
$2Va
7-
1
6-25
6-30
6-23
Bank'
$1
(quar.)..
$20
(Pittsburgh) (quar.)...
Quarterly
First National,Bank ,(St. Louis)
(quar.)—..,
$2
$2,-
,67o] prior preferred (initial
convertible
preferred
1
6-20
1
6-20
9-
1
8-20
12-1
11-20
35c
6-30
6-15
17ViC
75c
•
$2%
9-
1
8-20
7-
1
6-15
7-
1
6-25,
37V2c
6-30
(quar.)——
15c
6-30
6-12
$1%
7-
1
6-10
25c
6-30
6-17.
6-30
6-20
8-20 ;
6-15 •
$1
30c
common
6-15
6-15
37V2c
6-30
6-15
U5c
6-30
6-
1
:.
X$V/i
$$1,38
7-1
6-
1
7- 1
6-
1*
40c
6-25"
6-19
75c
7-
Manufacturing Co.; class B (quar-)
$3 participating preference A (quar.)_.__
Gemmer
Invfestors Co.,
V
6- 5
6-16
7-
l
6-19
7-
1
.6-15
7-
1
6-15
6-26
1
6-20
7-
1
6-15
8-
1
7-18
$2
7-
1
6-20
l%c
7-
1
6-10
25c
7-14
6-30
35c
I
(quar.)—;——.
Co...;—.;———
T-25
6-26
.
General Mills, Inc. 5% preferred (quar.)__—
General Motors'Corp., $5 preferred (quar. ).
General Paint Corp.,.$2.67 pfd. (quar.)
$iy4
7-
1
$iy4
8-
1
7-6
66c
7-
1
6-18
General Printing 3/nk Corp.," $6 pfd. (quar.).
General Railway Signal, common....
/6 % preferred (quar.).—
General Refractories Co.—.
$xy2
7-
1
6-16
25c
7-
1
6-10
5-26
„
6-30
Electric
7-
$1
■
General Capital Corp. i. irregular
General
.
5-29
6-29
Co.
6-19
IOC
$1%
American'Transp. Gorp. (reduced)
General Baking Co., common___._.__.___—
$8 preferred (quar.).
Box
1
Inc.—
(quar.).
General
General
6-22*
7-
1
.......
6-15 V'
6-20
6-19
1
6-30
(quar.)—.—;
(quar.)...
common
preferred '.(quar.
American
7- I
7-
6-30
$1V2
(quar.)
v'(5'/«. preferred (qyar.)
preferred
9-15
17V2c
Gannptt Co. class R Conv. pfd (quar.)—..
Gfeneral
;
6-15
7-18
;
5Vaf.'c
6-24
6-15
7-1
J35c
7-15
6-30
1
6-30
37 V2c ;
...
1
Co.,
7-
6c
50c
-
10- 1
8-
Power
6-20
7-
7-
(Robert) Co. 6%,preferred (quar.)__„
67o, convertible preferred
6-30
6-5
37'/2c
Gair
Gatineau
1
17'/ac
Fuller Brush Co., 77o pref. (quar.)—
Fuller (Gcorgp A.) V/e preferred (quar.)..
&, Co.,
7-
v
;
(Julius)
8-26
11-24
$1
quar.)—..—.
;6% prior preferred (quar.)—.
Foundation Co. of Canada; Ltd.—
:
.
9-30
8-31
$l3/4
Foresight Foundation, Inc., non-cum. cl. A
Formica
Insulation Co.——
'
Fprt Wayne & Jackson PR., 5'/2% pref. (s-a)
Foster & Kleiser Co., class A pfd. (quar.)-^.
Foster Wheeler Corp.—
8-11
6-19
6-30
1
$l'/4
Forbe^ & Wallace, Inc.,, $3 class A (quar.)„
6-20
6-15*.
6-15
1
11-30
62'/a C
(quar.)——.
.
G/arfinckel
1
40c
Ffrst State Pawners Spciety (Chic.) (quar.)
Fisher Brothers, $5 preferred (quar.)—....
$4 non-cumulative preferred (quar.)—
Fitzsimmons Stores— < :
■ .v .;
.7%, preferred (quar.)
7%
preferred (quar.)—.;
Food Machinery Corp. (quar.)—....
.60c
77-
10-
40c
Quarterly
1
7-20
6-20
$2
1
t40c
6-20
(quar.).—_...
9-
6-30
*
5C
(quar.).—
7-
6-29
6-20
'
"
Extra'....—;—
quarterly
Franklin County Distilling—
7-
50c
6-15
6-15
Increased
6-25
62'/2c
6-15
,
6-15
:;
.
1
t$2
i
3
6-30
-
10-
7-10
7-2
6-30
First ..National Stores
6-20
•?:
6-20
$i'/2
First National Bank of New York
6-15 '
7-1
6-16
$i'/2
>
6-16
•
$iy2
7-
1
6-10
25C
6-29
6- 3
6-15
General
$30c
7- 2
6-19
7-
6-15
8-1
7-21
15c
11-1
12-17
.
;
6-10*
Shareholdings—
10-20
12-27
7-
$iy2
6-19
,6-25
60c
1
6-12
7- I
6-20
/,
44/1,006 share of common"stock
or
$l,/2 in
Steel War^s, Ltd. (Irregular)——
General Telephone Go.,
$2.50 preferred (quar.)
General Time instruments Corp., common—
$6 preferred (quar.)————
General
62'/a c
1
25C
7-
1
6-18
$iy2
7-
1
6-18
$ij/2
6-30
General Tire & Rubber Co.—
40C
8-1..
7-
7-
$2.
5-U
1
6
'67o
preferred A (quar.
."
,.
7-25
$i!A
7-10
,
7-15 1
6-15
7-
1
6-15
$iy2
7-
1
6-15
$iy8
77-
t75c
$iya.
7- 1
1
.
1
6-15
7-
1
6-15
7-15
7- 1
$2
—
50c
—
15C
Gillette Safety Ra^or,
7-
1
6-20
6-30
6-10
8-
7-
56'Ac
7-
1
6-19
QloberWernicke Co.,.7% preferred (Ouar.)_.
$1%
7-
1
6-20
6« 5
Godchaux
$1
7-
1
6-18
7-
1
6-18
6-30
6- 9
6-15
.7-1
7-
$l'/4
common;....;;....—
$5 preferred (quar.).
Glen Aldeh Cpal Co.—-.—_______
Glens Falls Insurance Co. (N. Y.) (quar.)^Glidden company,. common (reduced)---^—
l4' convertible preferred (quar,)..-_—
6-15
;.u50c
Georgia RR. &p Bahking Co." (quar.)
Gibson Art Co. (quar.)—;
6-20
$v/»
Georgia Power Co., $6 preferred (quar.).—.
$5 preferred (quar.)...
—
;;
-41/!stfo prior,preference (quar.)."..——_
S %, preferred
---;
6-10^
.
6-U
1
First National Bank
'6-16
6-30
10c
(quar.);^.^
1
6-25
7-1
,
6-25
*$iV:
preferred, (qua?.)—
710-
5oc
6-16
75c
Driver-Harris, Co., - common;.....—
Dpn $t Bradstreet,, Inc.—
$6 .preferred (quar-)
Duplan Corporation— f
*
Common (irregular)
;8%s preferred (quar.)..."-^^............
DuPopt (E.-IA de.Nemours & Co.—
6-30
UOc
Cpmmercial Alcohols^ Ltd., common
r8%■ preferred
(quar.)——
Cpmrpercial Credit, Co., .common (quar,) —
;4convertible preferred (quar.)———
Commercial Investment Trust Corp.—
;
15c
—...—
t5c
S2'/a
(Chicago) (quar.)....
First National Bank-(Jersey City) (quar.)
-
6-20
75c
__
12-15
6-20
$6
(quar,)—
9-15
12-18
Co., $1.50 class A—
preferred (quat.)—
Finance Co. of Pennsylvania
;
$25c,
—
preferred
9-30
'87'Ac
nv*-;
Common
1
1
6-15
S2'A
& Traction
First'National
6-16
6-30
75C.
y>-'J" —rr f
6-15
6-30
(Syracuse,
4---—
.5VnVo
,
6-15
-7-2
Duke> Power. Co., gommon.:
75c >
.♦7%v preferred (quar'.)..-!......^.....^-,.
$I3A.
Dunlop Rubber Co., Ltd.—"
vr:
:
;■:'..
'Amer. deposit rcts..f6r ord. regis, (final).
8% 4
Dunlop Tire St Rubber Goods Co., Ltd.— '
5%' 1st preference (s-a)' t62J/2c
Dravp Corporation, common
tv »' 15c,
7-
Co,
E?ctra
:
7-
'
6-13
$1'A
;
25c
Light',
Class
6-30
7
7-
Sl'A
Ins.
;
Federal Insurance Co.
..
Ltd.—
T rn
9-16
6-27
1
—
Manufacturing. Co."(irregular75c
7-
25c
6-24
.6% preferred (quaf.)___;.__._____"_;_L.___ ';,f$iy2Dominion'Glass Co., Ltd., common (quar.)..;'; t^l'A/;
?7<Z, preferred (qu^r.)..—I.
$$13A
Dominion Textile Co., common (quar.)______;
tSl'A "
7% preferred, (quar.)
,
?$13A
$l'A
25c
1
10-1
3c
$25c
/Class A/(quar.);——r—
•
'
.
6-24
7-
!
$J.06'A
$l
1
6-20
6-10
6-15
Ellen^'s (William) Sons, common (quar.)...
43A.ft preferred / (quar.).;.....;
Finapce Co. of America (Bait.)—-
6-13
7-
,
/; Sl'A
Cpluipbia Baking Co., common——
$1 partie. preferred (quar.)—————
-Participating
-—
-———f--—
Columbus & Southern Ohio Electric—
67«, preferred (quar>)-——
6,/27p preferred (quar.)-,.-^,^—
6-25
'
6-12
7-1
75c
Lamp & Stove Co. (increased quar.)
Cplgate-Palmolive-Peet $4.25 pfd. (quar.)—
Collateral ,Lopn (Boston) (quar.
Colonial Finance Co. (Lima, Ohio) (quar.)Colonial lee Go. $6 preferred B (quar.)——
-$^preferred (quar.)r—
Colt's Patent Fire. Arms Mfg. (irregular)—
—■*-k
I
7-1
6-30
.
(quar.)
SlVi
Draper Corporation (quar.)....
62'Ac
6-15
1
7-15
(quar.)
7-
25c
6-13
•
7-
Interim
.Common
6-19
6-25
.
v
Dominion Foundries & Steel,
11-20
Fidelity & Guaranty Rire Corp. (Bait.) is-a)
Field (Marshall) $ Co.. 6'A pfd. (quar.)...
.6%, preferred 2nd series (quar ») T"'**
.
25c
Dome Mines, Ltd.—v.—.:——'——...
Dominguez Oil Fields'(monthly
Dominion & Anglo, Investment Corp., Ltd.—
.
>6-15
6-25
7-22
6- 5
$i3A
(quar.).—:'
1
6-13
6-15
$1%
-
12-
37'AO
Extra
>
(quar.)
8-21
15C
/Co.: (irregular)—
Fernie Brewing, Ltd.
.
$2
!' ' "
(s-a)_——_
preferred
1
Cleaning & Dyeing Co.—
6-15 ^
25c
Dixon (Joseph) Crucible Co..—
Doehler Die Casting Co. (interim).——
:
*
6-19
•
7-15
r
75C
-
.
6-15
77-
$iya
50c
6-20
7-1
62 Vac
5%
>5'A, preferred (quar.V—
DixlerVortex Co., $2.50 class A
6-15:
1
50c
Shoe Corp.,
6-15
9-
6-30
9-15 ;
-
6-12
$l'/4
Sl'A
"
6-30
77o
; 6-15 >
6-30
$1%
4c
;
(quar.)
Federation Bank
Fenton United
*
"
—
6-12
75c
;
$13A
—
Distillers Corp.-Se>ams, Ltd.—
1
25c
,—:
1
7- 1
7-15
Sl'A
6-20 4
$2
-;
7-
t75c;
25c
6-15;
$14
"
6-12
Sl'A
Federal Motor Truck.;..
6-15
7-
—...
1
(quar.)—...
$5 preierred
6-20 ;
10-
(quar.)___——
Y.)
Federal
;
6-20
Sl'A
$13A
(s-aj
Diamond
:
'
15c
/
6-13 ;
.7- 1
;
t$2%'
..15c
,10c
37y>c
$1
$iy2
'
$1JA
.
6-18
7-
Federal Electric
6-23 i
.; 7-1
; $1
:
7-1
$1'A
$1%
....
$1V4
'
6-18
Sl'A
(quar.)
Federal Bake Shops, common..
'5r/o preferred (s-a)—
,
—
Co;
Diamond Match Qo.-r-"...
,6% participating preferred
6-11
1
'5% preferred (quar.)—^r(^—^
Commonwealth Waier, 5y2% pfd. (quar.)—,
Commonwealth Water-& Light—
$6 preferred (quar.)——-.-v—-,*-*
$7 preferred (quar.)———--;——
Concord (N. ,H.) Gas, 7% preferred--—-—
Confederation Life Assurance (Toronto)—
J],.
6-22
7-1
'
6-18
9-2
25c
...
6-13
1
1
—
Mfg.
Detroit Steel .Corp,
7*
7-
-i._—————
&
6-13
75c
—
■ —;
Gasket
preferred
(quar.)
7%
preferred
(quar.)..;—
Derby Oil,& Refining.,$4 preferred
$1%
——
—
;
r
6-22
7- 1
75C
.....
6-20
6-13
It.
Quarterly
Rubber
Faultless
.
•
Joint Stock Land Bank—
'Semi-annual
Detroit-Michigan Stove Co.—"""1""
"
$l.3/4
7-
Quarterly
(Iowa)
6-13 :
f
'
6-20 *
6-20
7-
65C
$5 preferred (quar.)
& Traders Life
6-20
7-25
10-24
56'Ac
1
Farmers
.
Detroit Hillsdale & South Western RR.
•
6-20 :
6-27
$3
Quarterly
■Quarterly.
(quar.)
r(4th liquidating)-^..—
8
6-18
1
6-30.
$5'A
(quar.)
Corp.
—
—
7-
$1.12
1
"
:
10-22
$3V
•
.
Coleman
com.
...
RR.
(s-a)
Hook, & Eye Co.
Des Moines
Detroit
6-
6-24
6-15
6-20
6-15
1
1
(quar.
Fansteel Metallurgical,
$5 preferred (quar.)
6-5 V
U- 2
,
'
•
6-20
1
7-
.
$1%
1
9-
$1%
6-16 '
8-
35c
Fanny Farmer Candy Shops (quar.).—_....v
;
10c
45'A,'preferred (quar.) _.i——
?Dentist's Supply (N. Y.) 7ft pfd. (quar.)..
17%, preferred (quar.)—1_
——.
7%, preferred (quar.)—
—_—_
Deposited Bank Shares .Series B-l-1.——
•
6-20
1
(quar.)—
(quar.)—
Dempster Mill Manufacturing, com. (quar.).
7-20 ;
10-19
1
11-
,
25c
M*
6-15 '
'
preferred
6-24
11-2
30C
Excelsior Insurance Co. (Syracuse).;.——
Falstqff Brewing Corp., 6'A"preferred (s-a). '
Famous Players Canadian Corp., Ltd
...
6-15
: 6-15!
3
6-15
30c
Ex-Cell-O Corporation
.
'
.
(quar.i—
Service Co. $6 pfd.
preferred A (quar.)..
EVersharp; Inc., 5% preferred
8 '
6-15
9-15
(quar.)..
4—
De Long
$l'/2
pfd.
is-a)------i-t-----------^:
Inc.
Deisel-Wemmer-Gilbert
6-20
International Corp., common—
A' (js-a)--——i.
-Class
Records,
/'.Extra
6-20
1
-
!
6-15
/'
'
6-20
7-
$1%
0-
,
3
7-
7-1
f$4'A "
...
$5
6-n ;
9-30
(extra)———
4—
,5%; preference
6-20
75c
,
Debenture,& Securities Corp. of Canada—1^;,
6-15 ;
1
■
.6-30
Dayton & Michigan R.R., 8%
7-1
■
$1%
;
;
$5.50
$iy2
;•■"
8*
1
■'
7-
7-15
50c
$3'A
'
$5 preferred (quar.)
Equity Corp.,'$3 convertible preferred..:
Erie ER. $5 preferred A (quar.)..—
.
6-20 :
7-1
-
y
5
6-
$l»/»
-
pfd. (quar.)i—.
'
$i8A
5
1
62V2c
■
'
~"9-30
$1%
:
6-20
7-
50c
rrV"V
'•
•
l
6-
•
(S-arL-A-—-i—.-r.——T—
?$3 -class- A
7-
>V 6-
8*-
6-30
(quar.)
—
——
(Washington, Pa.)—
(quar.)---r———r——
Citizens Wholesale Supply Co.—
,6Vo
preferred (quar.)————
City Auto Stamping -,(quar.)——
City Ice & Fuel Co., common———
—
City Title Insurance Co. (N. Y.) (quar.)__—
Clearfield & Mahoning Ry. I s-a)— T_—
T!>TO**?■
Clearing Machine, (quar.)
Cleveland Builders Supply Co.
_-—
Cleveland Electric Illuminating, common^-,
$4,50 preferred (quar.)-_——-Cleveland Hobbing Machine Co
Climax Molybdenum Co.—
Clinton Water Works, 7%. preferred (quar.)
Clorpx- Chemical (quar.)——————
Cluett Peabody & Co., common (interim) —
7%. preferred
(quar.)—
Cpca-Cola-Bottling. (Del.)—
-i
i' $2.50 class A (quar.)
1
——~
Coca-Cola Company, common——
$1%
—
7r
6-
.
'
1
6t29
1
30c
preferred
~+
7-
6*29
7-
Citizens Water
>7'/c\
6-29
n
T-—-
1
;
50c
6-15
•
.
$l'/4
—
(quar.)——-—
■
7-2
Davega Storey Corp., 5S/o conv. pfd. (quar.) - 3iy»c
25c,
Davenport, Hosiery. Mills, common-..-......-r
\7'/c. preferred (quan-)—$13A
Dgviq & Frere, Ltd,,'class"A (quar.i.—
$25c
;
.
(quar.)——
7-
4
25C
"r
—
preferred (§-a).».——————
'
.
Bell Telephone—
r
$1
—
Cities Service Power & Light Co.—
$6
1
6-13 :
,75c
.Quarterly
—.
Cincinnati'Union Stock Yards———
$5
7-
45C
—
_
(irregular)
tRy.;
v
6-23
7-
(quar.)
—
6-15
6-30
50c
Chicago Daily News, 5% preferred (quar,).,
Chicago Flexible Shaft———__________
Chicago Mill & Lumber——
Chicago Pneumatic Tool Co., common-$2.60 conv.'prior preferred (quar.)——
$3 convertible preferred (quar.)————
Chicago Wilmington & Franklin Coal Co.— >
.6'/*
preferred (quar.)—
——
6% preferred
(quar.)——
Cpickasha Cotton Oil Co. (quar.)—-——:—
Chillicothe Paper 4%% preferred (quar.).-,
Christiana" Securities, 7% preferred (quar.)
Cinn* New Orleans & Texas Pacific Ry. Co.
5% preferred (quar.)
:
—
Cincinnati Gas & Electric, S'/e pfd. A(quar.)
Cincinnati
New
Orleans
St Texay Pacific
.
(irregular)—
common.—
Cunningham Drug .Stqres, Inc.— ,
- ;
;6%, class A.priof preference (s-a)..^.—
Ciirtis Publishing Co^ prior"pref. (reduced).
Curtiss-Wrighf cotp., class -A__-__—Dairy League, Co-Qperative Corp.—
*
;
.5'/o, preferred
7-15
$3
...
Ehgineers Public
: 6-12
,7" 1
15c
6-13
7o\ 2nd preferred (s-aj
rQuarterly.
e-ig"1.
7-1
v
$i3A;'.
—
Telephone Co., 6%
y(semi-annual)
6-12
1
10c
(quar.)
—-
•
$4c
(Tor.)
(Cons.)
—
6-30
7-
Sl'A
Chesapeake St Ohio Ry. Co. com. (quar.i...
4'A non-cum. series A preference (quar.)
Extra
8-1
$1'A
;'-■■ 25c'"'
(quar.) —
preferred
$2
20c
6-30
6-30
Employers Casualty Co; (Dallas, Tex.) (quar.)
6-12
6-15
Y.)— "■
(N.
7-15
60c
'
^
,
....
6-30
;
V
6-12 -
7-1
50c
25C
Corp.
Co.
Culve)* & Pont Clinton RR.
Central New York Power Corp.
5/'<»>
6-15
2
7-1
;
$l'/a,
:■
,7%;, preferred (quar.).—-----1—„
,5y2% preferred; (quar.)—
;5Vnf/d preferred;; (quar
-
■
7-
,
'
*
Emporium Capwell Co., common (quar.)....
4xhflo preferred, series A (quar.)..
Ehdicott-Johnson Corp:, common
.
,
$i3A
...
6-12
.
6-15 ;
i
6-30
$$2
(N.
9-15.
6-27
513A
/
'
Emerson Drug Co., 8%. preferred (quar.)..;
Empire District Electric Co.; 6% preferred-.'
6-20 '
7- I
$iy8:.
pfd. (quar.)
7- 1
$13A
-')7%, participating preferred (quar,).—
7-1
75c
Cooper-Bessemer Corp.; $3 prior pref. (quar.)
6-30
50c
COpper Range! Co.;.^!
$1 : / 6-30
Coropet Plio'sphate Co,.
.....
7- 1
t$l3A
Courier-Post'Co., 7% preferred————
6-30
$2'A
Ciad^ock-Terry Shoe,,5^ 1st pfd,. (s-a)_—;
;
$2
6-30
\A% 2nd preferred (:s-a)—_—v",
6-30
/: $1 'A
3%! 3rd preferred
7- 1
40c ;
Cream of Wheat Corp.—_i_.
__—"
6-24
50c
Crowell-Collier Publishing Co.
(quaT.)_;n. r;
6*30
m
Crown Trust Co. (Montreal)" (quar.).
25c
7- 1
Crown Zellerbach Corp. (quar.)
6-30
$2
Crum & Foster, 8% preferred iquar.).—»
6-30
:
15c
Crystal Tissue CoM common (quar.).—
"/ ;/ "$4
.7- 1
lQ'/c, preferred
'(s-a).—:..^;.—
v
7- 1
25c
Cuban American Sugar, common (resumed)
7-1
t$50
T/o preferred (clears all arrears
■
7- 1
$l3A
.7%; preferred (quar.)___2_j_—"
5-28
6-29
$1'A
—
x
1
Continental Telephone, 6y2%
5-28
s
preferred (quar.)——
Loan & Savings Co. (To¬
Oil
Continental Steel Corp,
';5%. preferred (quar.)
-
'
'
$6
1
6-15
6-25
50c
pfd. (quar.)
Indiana Gas Co., 6%% pfd.——
Central Kansas Power, 43A% pfd. (quar.)__
i7Ve
7-
Continental
6-15
'
"
Central
-
1
•
Central Illinois Light Co.. 4'A*%
6^
1
Canada
(quar.)
Central Hanover Sank & Trust
Quarterly :
& Trust1 Co.
•
6-19 '
1
7-
$i3A
:57e pripr preferred (quar.)——
;7'/c. prior preferred .(quar.)__
$1'A
.
'
"
ronto)
6
7-
6% pfd. B (quar.)
(7/Jf, 1st preferred (s-a)..;.——;
.
6-13 V
v.
-10-
,
t$2
:l
Baking, 8% preferred (quar.)._
Continental Motors
V 7- i
$l'A
"7- I
,60c"
—
.7'/o
7-15
7-15
8-
7-
V 50c
'
6-19
7-
50c
Carthage Mills, Inc., eommon
T-—;;;
/
v6% preferred A (quar.)
/
preferred B (quar.
/,;
Case (J. I.) Co., 7% preferred (quar.) —
Celanese Corp. of America, common
.
Central
1
8-15
:v
•
15c ;
(quar.)——_____
^
—
1
7-
9
I
'
(quar.)_X_ r;
6-5
""
6-21
1
••
(quar.)_^__
2
•
6-30
7-
El Paso Co.
;
'
(quar.)_i_^_____
prefeired
7-
50c
Carnation'Co., common (s-a)__
Sl'A
;5'A first preferred (quar.).
Carolina Power 8t Light, $7 pfd. (quar.)..
$1'3A
•$6 preferred
:v/'
$1'A
(quar.)—1!
$2
Carolina Telephone & Telegraph (quar.)....
Carreras, Ltd.—
; ■■
Class A ordinary registered (interim)
aX2Vz7o
al2'/2c
'Class B ordinary registered (interim)____
$2%
Water Co. Consolidated (s-a)
6-
6-6
7-15
$xr8
~—
Continental Gas & Electric "Corp.— j 7% prior preferred ,(quar.
-
6-20
6-30
6-22
7-
-lH'/sc
; Quarterly
Bpnk
7- 1
50c
25c
$1.60
'$2.
7-
r
5
■$l'A
30c,
(quar.)
Power, .$5
Continental
6-20,
6-30
/6-30
pref.
,$4y2 preferred (quar.).^
Cpntinental'Assurance (Chicago)
3
0-
6-20
:$l'/a
|433Ac
«.•
20c
■
j,.
(quar.).;....—^
6- 5
7-1
25c
Elmira & WilliamSport RR."7% pref. (s-a).
(Texas) $4.50 preferred (quar.)
$2
Consumers Gas of Toronto
6-28 *
7-
,'v;4///; $3 ,"/
6-
7-
•
1
El Paso Electric Co. (Del.)
(quar.)
Stores, 8%
Cbn'solidated Water Power & Paper Co.—
'Reduced quarterly '
.6,49 f
■;
7-
30c
'
—
— ____
'
ftetaii
preferred
7-
6-15
Consqlidated Steel Corp., Ltd., $1.75 pfd._l_
1
t30c
6-15
'
,
Cariboo Gold Quartz Mining
J Quarterly
7-
75c
of Rec
1
7-
$l»/a
"
J50c
50c
pfd.
;
$1'A
Mills. Co.
ford) (s-a):
Capital Transit Co.
Carey (Philip) Mfg. Co., 5%
r6% preferred (quar.)..
,
r
Holders
7-
7-
(quar.)-:
,4y2.% preferred series B "(quar.)._______^
Consolidated Investment Trust (Boston)-—
6-20
When'
Payable
f35c
$1
(quar.)
$iy2
Capital National Bank & Trust Co.
:•
Common
6-30
6-30
Capital Administration Co., Ltd.—
;
$3 preferred A (quar.)...
Capital
Bank
&
Trust
Co.
(Harrisburg,
!Pa.) (s-a) ^___———
!
pref.
"
$37'Ac
(quar.)^._^—w—
Capital Finance Corp., 6%
1
,4'/a .preferred series C
_____
■
8-
2%
Per
share
90c
.
•
•
,
Elgin. National Watph. Co..;.
*
5
\
•
Electric Power & Light $7 1st preferred...;
$6 preferred --,;—■
Electrical Products (Cal.) (quar,)—
Electric Products Consolidated
(Seattle)—
1
7-
,
62VaC.
'
■
■
(quar.)__;_;_:
Connecticut LightPower" (reduced quar.)
Consolidated Bakeries of Canada (quar.)
Cpnsolidated Edison Co. $5 preferred (quar.)
fhncnliHa fisrl
"EHIm
TnH'iictv?<5c
'Yvf i-T ~
V*
Cbnsplidated 'Film Industries, $2 pfd.™w„Consolidated Gas El. Lt. &'Pwr. Co. (Balt.)-
C'anadian'Foreign Investment Corp., Ltd.—
•
preferred
7-
,
6- 8
Co.-*-'.'./'V-v.*"';
Connecticut Gas &Coke Sec.
-
$5
,
„
4Name of Company
of Recu
6-26
;
,■
„
Hoiaera
Payable
$3c
Ltd. (irregular)
;
Connecticut Eire Insurance' (quar.)———
6-16
t
Mines,
i
When
Per. /
v
.
2329
Sugars,
Iric., class A.
Sl'A
1
1
30c
6-20
5-29
40C
7-
1
6-12
7-1
6-12
; 30c
„
6-12
'
$i.y2
20c
10c
3c
,7-1.
; : 6-?5;
...6-25,,.
6- 5
$7
6-15
Goebel
6-15
Gold ,&
^preferred
Brewing Co.
Stock
6-10
Goldblatt Bros.,
37y2c
6-3Q
6-15
Golden
15c
7-1
6-20
-
7-
$iy4
"75c
$iy2
6-30
v,
1
77- 1
6-20
6-20
$13A'
(quar.).^..;-——
(quar.)—
Telegraph
:
(quar.)....1
5c
7-
1
6-30
62'/2c
Inc., $2.50 conv. pfd. (quar.)
Ltd. (quar.)——..
State "Co.,
Goodrich (B. F.) Co., $5 preferred (qu^r.) —
Goodyear Tire & Rubber of^ Canada;
Common, (quar.)
5% preferred (quar.)—..——
.
$iy2
7-
1
6-10
20c
7-15
6-30
$l'A
6-30
6-19
$63c
7- 2
6-15
$62'Ac
7-2
6-15
.
THE COMMERCIAL & FINANCIAL CHRONICLE
2330
Gorton-Pew
Goulds
(quar.)
Fisheries
Ltd.,
Pumps,
Grand
(W. T.)
preferred
Insurance
Sugar
Western
preferred
7%
2
6-22
International
Shoe
6-25
6-15
International
Silver
Co.,
7-
1
6-17
7-
1
6-17 1
7-
Watch
Co.
(quar.)
(common
7-
2
Co.
Gulf Insurance
Oil
(Dallas,
7-
1
6-15
Gulf Power Co.,
$6 pref.
Hackensack-Water
2
7-
V
7-1
-
1
-
1
7-
1
6-15
7-
1
6-20
■
-6-30
■v'; 6-15
~
2
6-10
.
43%C
7-
J50C
25c
.
7-
■
1
2
t50C
7-
2
6-30
6-15
7-
"
Hartford
Fire
Hat Corp.
S
,
Glass
Co.,
(Walter E.)> &
6-12
6-25
6-15
6-25
6-15
; 7-
l
6-
8-
l
7-15
.1%
,
preferred
$1%
31V2C<
(quar.)————
7-
1
7-
1
Corp.
Powder
Hercules
v
9
•
Hibernia
Hinde &
5%
Dauch Paper Co.,
preferred
Holland
6-20
Holmes
(D.
H.)
-
Home
$1%
6-
7-
6-
1
6
■
Tel.
Tel.
&
Co.
•
H
6-25
e;: 6-12
v,
6-26
6-16
::
Natural
7-21
7-31
1
7-
2
"'.7-
1
.
1
6-12
-7- 1
1
6-19
7-
7-
37y2c
"
,
Co.-,
4%
"
i2c
v.
6-30
(quar.)———
•
6-22
;-7-
Emil)
Co.,
Co.
&
Co.
l,-,,
7-
1
/
6-
,
7-
1
/, 6-
Frary
&
Common
75c
6-30
6-20
$2C
6-29
1
.7-
6-12
v'-'\ 7- !'/■
6-
,
$l'/a
v:/"' 50c
;
6-19
$1%
6-30
VV
25c
9-30
12-30
:
r
7-
6-20
1
7-15
E
,
,
-6-11
7- 1
$2
7-
1
7
• 10-
:
&
6-30
6-12
"
6-17
7-1
7-
1
.
6rl7
7-
1
6-20
7-
1
6-12
7-
l
7-
1
6-12
7-
1
6-12
:
■
•7-
10-
..
-
.
i—-
1 "it
6-22
7
7-
1
6-22
*6-20
6-30-
7
$1
'.7-717
*
•7-
30c..
7
»$$6
(Toronto)
6-22
;
6-22
1
7-1
7.8-15
6-25
,7-.2
!■;
7,
*'"*v7"7
Y.)~""
(N.
-/
50c
7-
1
6-15
■
1
6-
6-
6-10
,
6-10
7-.1
,
7-1
1
6-15
1
7-
1
6-15
•
6-15
—
1
7-
1
$lVa
7-
1
6-17
-r$m
8-
1
Extra
,
Merck
>
;/
6-25
6-15
6-30
,6-15
Sl'/a*
6-30
50C
■
6-15
.
7-1
'
;
7-
,
.6-29
6-30
1
6-29
6-
8
:
6-30
6-
8
'/■
7-
1
6-15
50c
7-
1
6-15
35c
7-
1
6-15
6-30
.6-16
25c
¥
;•
6-15
6-30
%'.* 75c
/
7
L
•.
9-
9-
12-
9-
30C
r
5
9-
12-
30c
v
_
5
25c L- 12- 5
1
.
;
*
•
5
12-
7-
l
10-
1
9-20
1-
1
1312-20
•;
.-.ftft,
••Sl'/a-.
>•
'
ft $1A
National
Bank
-A-t——J_
(ChicagoHi;—^-" -'•Sl'/a-- "
York (quar.)_
Sl'/a!* *
:_7=
50c ft
77— 7<
*
6-20
6-30
■
& Farmers Bank
&
6-25
•»
6-30
'••
r-6-20
6-30
6-20
6-30
$1
*
-
7-
$1
777
6-15
i
Co.—
-V
'■>
f 6-16
3l/2%
5%
7- 2
6-30
6-19
11-16
7 11- 5
V 9-15
12-15
i 9- 5
12- 5
>
$13A„
7 $1%
tlVAc
7- 2:
7
$2.40
J50c
-,150c
12-11
12- 2
(quar.)__
33Ac
6-30
6-25..i-,
17 y2c
6-30
6-25
;
7-
1
6-20
1
6-30
'6-20
;.
preferred
Loan
6-30
6-18
Ont.)
(quar
Products,
1
6-1
7-
6-
1
7-
A .6- 1
»
3Gc
7-
A
$1%
7-
$1'A
(quar.)
•'•>
•
•""
6-25
6-15
vl
7-
6-30
-.'ft
;i
7-
$1 'A h'1
7-
■C $1'A 7
—
6-25
~
7-
7
50% 7
6-15
6-15
V;
Sl'A 7
-
>
7
*
7-
$13A-,
..fie/
7-
6-15
6-23
6-20
1
6-20
V
6-15
•
60c
(Port
7-
^7
Hope,
>
Steel
1
7-
.•
>
6-
'
ft
(stock div.)—
ft ) - '
v
'
6-
7-
.
$1%
:•
Co.
:
1
nvi v
•
Savings
6-18
6-30
7-
$13A
-
(s-a)
Midland
Sl'A
(quar.)___
&
1
6-16
-
26c
■'
(quar.)—
Mickelberry's Food Products—
Midland
,
6-
1
6-20
•93c
l7% preferred (qyar.) ____L_„
Michigan Silica Co.
6-15
6-20
6-26
7-
7 $1 'A
7
^S Junior preferred (quar.)—
6% preferred (quar.)
6% preferred series of 1940 (quar.)
,7
> 6-20
6-30
-
(quar.)__,
Meyer-Blanke Co., common-—7% preferred (quar.)—
Michigan Associated Telep. 6%-pfd.
6-15
'
6-20
1
• -
non-cumulative 2nd
-Michigan Die, Casting Co.
.7 Michigan Public Service—
sft
1
1
$1%
ftp, $7 prior preferred <quar.)_
6-17
6-20
hi,
$1
1st preferred
$6 prior preferred
7-
77-
75C
$6 cumulative preferred
$7 cumulative preferred
t-22
7- 2
■
A/
Co.L__—
preferred (s-a)
(quar.)——
Metrdpolitan Edison Co., $5 pfd. (quar.)_—
.
6-15
'
Machine
6-13*
6-30
$1.31'A
(quar.)
•
Metal & Thermit Corp., 7%- pfd.! (quar.);__
Metropolitan Coal— 7,.
:
1
7; 7-
v
:
12-24
<
A 7-1
$1
Mesta
6-22
7- 1
'
preferred
25c
A" Sl'/a
common-—
Mergenthaler-Linotype
,t
7'6-12
1
1-1-43
37 '/aC
.
6-19 ;
7 7-1
10- 1!
; n vz
mi
-
-9-2
com.
Co.; Inc.
.ft ft $5 ft
ft* 50c
•
(quar.)
(Albany)
Miners Transportation
preferred - (quar.)_
ft, 5Vft/o
•:
Finance,
&
4,4%'
.
30C
n
•
,
________—_
7-
1
common—i__——_
;7-
1
1
7-
1
A
.
140c
•
7-
6-15
50c
.
7-
6-12
..
,
4% pref. (quar.)__
—
$13A
Liquid
.",7-15
'
(quar.)______
common
(quar.)
1
6-13
6-22
7-
6-20
7 6-30
(quar.)
___
(reduced s-a)—
(P.)
Lorillard
.7%
Co.,
common
(interim)
preferred (quar.)
——
(Del.); class A (quar.)
7-15
6-30
$2
77-
1
1
A
(quar.—
83/4C
8-1
7-2
Class
B
(quar.)__l
-
Lunkenheimer
6-30
6-19
"
7- 2
6-15
Co.-—
.- ,
.
.*
*
-
11-
30c-
1
Mitchell
10-28
Mobile
i7.y2c
$1%
.
6-
6-15
6-6
.7-
1
7-
25c
S 7-
Sl'/a
8-
5'4%
<
Quarterly _!
A'Molybdenum Corp/ of America^___^__
^-10
8-24
50c
11-24
$1
6-30
:
6-20
(quar.)
Monroe Chemical, $3.50 preferred (quar.)
Montana-Dakota Utilities,
common
,6%' preferred (quar.)
^
5%
preferred (quar.)
^.v-———Montgomery City Trust (N. -Y.) (s-a)_____
Montgomery Ward & Co., common
5
.
;
$2
7-1
6r20
6-27
6-15
6-27
6-15 k
"
>•
,
preferred (quar.)___
—
—6'/2% preferred (quar.)
—
preferred (auar-)«.—_—————
Lynchburg & Abingdon
50c
.
6-30.,
$13A.
t$2'/a
,
6-19
.
r,
6-15
6-30
;
6-15
,25C
9-
$1>A
12-
11-20
25C
12-
25c
Telegraph Co. (s-a)
7 Moore
7-
:.$i3A
.
6-22
.
6-15
.
.
7-25
6-25
5-29
7-28
5-29
6-30
„
$1%
; 10-
$1*4 '
1
1-2t43
$3
7-
1
.
9-21
&
Essex
'
.
.
.
•
•.
.v
Extra.;
6-15
*
6-13
6-15
6-15
7-
6-15
1
6-15
7-15
i
1
•7-
-
6-12
7- 1
.
6-12
-
ft
r
•
•
t$l
155'Ac
$1 'Ar *- r
6-
Sl'A
6-5
7-
7-1
$laA,
5
•7-
1
10-
_
1-2-43
■
5
6-
'7,
.10-1
Sl'A
7,
6-15
7-
■
;.
'
'$13A,
6-15
7-
,
$13A -7
,■
.4
77f
'. 7 $$3
RR.
1
12-31
fe
6H2
.
6-13
-
50c .v
Sl'A /;
1
•
4
(quar.)
lc
".
50c
•
6,-30
i6-29
9-
'
$1*7
——1—v -;
Murphy,(G.: C.). Co., 5%
Murray Ohio Mfg. Co;
7- 1
/
'
Munsey Trust-Co.(Washington,- D. C.)(quar.)
*
6-30
7-1
$5
50c
common
Mount Diablo Oil Mng. & Devel. Co.
Mueller Brass Co._
.
12-22._
6-15
Ltd.,
Motor
6-20
7- 1
Corp.,
Morris (Philip) & Co., Ltd. (see Philip Morris)
Morris Plan Bank of Virginia (s-a)______!
Finance, $5 preferred (quar.)
,
:
'
$1%
$l'/2
$1 'A
;
6-15
6-16
v
•
1
.7% pfd. B (quar.)
Morris
_
6-15
7-
37'/2C,
1
•7-
•
!7%' pfd/A.(quar.-)
"
6-17
7-
7-
10c
-
Bank
10-15
1
87%c
(quar.)
(payable in U. S. funds)
(payable in U. S. funds) :
Moore (W. R.) Dry Goods Co.-(quar.)——
Quarterly
Quarterly
j.__
8-20.
.7-
.
,
7-
$13A 7
Savings
^Montreal) (quar.)
11-20
40c
(quar.)
City. &
District
7-15
.
1
7-15
/ 7-15
—
~
6-20
*6-20
•
7- 2
-
•
$13A
class-A
.Montreal
.
8-20
9-
$1!A
$7
..
6-11
.7- 1
,75C
,
6-30
•7.
12c
_______
_
1
1
6-20
;
A,
2
8-
433Ac
•
——
6-15
6*
11-1
1S1.20
"
,10-22
2
V 7-
•
12'Ac
-___
Assurance^(Winnipeg) (s-a)__
Porcupine Mines, Ltd (quar.__7-
;7%7 preferred
V-
7
2 'Ac V
2
7- 2
7 2'Ac
Monongahela Valley Water, 7% pfd. (quar.)'.
Monongahela West Penn Public Service— 7 •
.
7-
*
$$1%
-
—
8-24
12-10
(quar.)
Monarch Life
-
11-24
9-10
Pressed Steel, class A partic.
,
7-21
j
6-30
7- 1
.
„
r
HOC
-
_
7-15
1
12-10
•
(quar.)_^r—
'
50c
$1.10
preferred
Mollne
6-18
-
;
6-20
8-
11-
$2 '
120c
'
6-15
,
Moneta
$1.10
1
Extra
7-
7$$1
..
7'
6-20
.
7-
.
37'Ac 7
'
6-15
7-
"
37'Ac -'7
—
6-20
7-
$1-
Sl'A
(Robert) Co., Ltd.
"
Birmingham RR., 4% pfd. (s-a)_I
Containers, Ltd. common (quar.)
6-24„
'
1.
17
7
6-15 *
;
7-16
25c
37'/2c
"
6-20
7-
'
6-20
7-
$l'/2
&
Modern
6
6-22
(quar.)__
6-15
7'
$1%
common
6-15
6-15
:
7-
$1%
(quar.)
u—w__;
Mississippi Valley Trust (St. Louis) 7(quar.)
Quarterly
;
?,
6-15
1
7-
85c
(quar.)^^^^ 7
6%t preferred B
7-25
10c
'
6 y2 %
-
">
6-12.
8-1
(interim)— _______7
Mississippi River Power, 6% pfd.
Mississippi Valley Public Service,
76-12
6-26
Company
7-
$l'/2
Power Co;, $6 pfd.
preferred (quar.)i
-
$7
6-15
7-
50c
Oil
*
0-30
•
(quar.)
Mississippi
25C
Class
•
preferred
Mission
37.yac
Louisville Gas & Elec.
2
,
7'Ac
common.^—_.i„
■
6-13
$2'/a
1
6-29
1,6-15
$6
$13A
.(quar.)-*—_____—
Theatres, 7% pfd. (quar.)
6-
;'
6-22
6-20
6-15
..
—
8-' 1^ *7-
$iy2.,'., 771:7
1
7-20
1
6-13
V
$1.30
(Marcus)
Long Island Safe Deposit
Lord
& Taylor
(quar.)
6-30 7 6-22*
$1;:
6
30c
preferred .(quar.)
Chain (quar.)
■
6-10
6-26
7-
77
Long-Bell Lumber, $5 pfd. (ctfs. of ben. int.)
Longhorn Portland Cement Co.-^
5 % participating, preferred (quar.)
—
-1
Participating
_______—
5% parUcipating preferred (quar.)
Participating
——
——
7-10
6- 8
,
6-12
'
6-30
6-27
7
Loew's
6-20
7- 2
76-30
7-1
(quar.) _—
Co.—
Cement Corp.
50c
6-30
20c
Steel
Inc.
(irregular)____________
6-12
7-
i,'
&
RR.
$2
Refineries,
V 10c
—
6-16
6-26
k
"8-
$iy8
Carbonic Corp., common
preferred A-(quar.)—
Miami
________
6'Ac v
7 Midwest Tool & Manufacturing (quar.)_„i 7:
77 Millers Falls Co.,' common-___i^i^i^___-__"7 -7 25c
7% prior preference (quar.)
$1% 7;
Minnesota Power & Light, -7%- pfd. (quar.)
$1% «
6% preferred (quar.)—
zftzftz
Sl'A
!
6-13
6-22
50c
—
7-
h'f'i 50c 7
—.i——
:
_____
Light
Company
Mid-West
6-15
$1
Midvale
6-15
; 7-
50c
non-cumulative
preferred—
8% preferred (quar.).
7
6-15
10c
62'/2c
______—.__
common
Corp.,
2c
$2
.
"
6-20
t$l3A
6-18
V:
$$1% r
•
preferred (quar.)__—
preferred (quar.)
Merchants
7
" 7 Merchants
•...
Lone -Star
7-2
"Sl'A
1
lc
$1%
(3-a)___—
Merchants Bank of New
7-19
25c i
i. 37'Ac
*
$l3/4
-
7 6-11
Sl'/a
ft'.-
(reduced)——
com.
'Quarterly ~,
:7
10c
'
International Ocean Telegraph (quar,
6-12
1
7-
$1
25c
Works,
,
6-20 "
1
7-
Locomotive
8%
-
(quar.)
6-20
7-1
7-
'
"
Mercantile
6-12 s
6-12 J
7-
(quar.)__ T* 62'Ac
-
(quar.)___
0'
8c
7v7. Quarterly '
6-15
(s-a)__
6-30
.7-15
50c
6-30
';6-15
7-10
$13A/"
Corp.
6% preferred (quar.):
v
v
7-
$iy2
5-29
1
7-15
t$2
Common payable in U. S. fundS—
25c
1
Mercantile-Commerce Bk. & Tr.*(St. Louis) —
6-15
7-
8
50c
preferred (initial)————i.—,
International Nickel Co. of Canada, Ltd.— '
5%
5%
77;
/: 6-10
9-11
preferred
Loew's,
7-
40c
(irreg.)____'
7-
'
convertible 1st pfd; (s-a)—- ft nvs- ft
Acceptance Corp. of California—
'ftft 25c
preferred (quar.)_^
—i——^
6%
6-26
(irregular)—^—___
5.2% preferred (quar.)
Lexington,Union Station, 4% pfd. (s-a) —
Liggett & Myers Tobacco 7% pfd. (quar.)_
Locke
8
;
25c
(quar.)——
Chemical—
50c
■
<
.
6-15
Levy Brothers Co., Ltd.
6-20
1
,6-23
$$4
$iy2
7-15
50c
-
7%7 preferred
5-29
6-15 4
(quar.)__
—
(quar.)—_—
—
Special guaranteed (quar.)
__—
Special guaranteed (quar.)____—Lock Joint Pipe Co., common (monthly)
•
~
International Harvester. Co.
.1.5-29
*
6-26
Original capital
Original capital
9-15
1
7-
10c
International Cigar Machinery——
(accumulated)-—
6-16
7-
Mercantile
6-13 z 77;
.
,
;
:
7
-
Mining Corp.
(A. C.) Leather Co.
Co.
Roi
Little
*
preferred
1
7- 1
$ivb
$2.50 pfd.
Stores
4y2%
6-15
1
7-
$lJ/4
—i.——_r..
Ihterlake Steamship Co.
——
—
Business Machines (quar.)'—
international
77o
1/;'
37J/2c
7:
(Ont.)
CO.
Lerner
6-12
(s-a)_„__
*""*
6-30
*
t$l3A
(quar.);—
(s-a)
preferred
Extra;
\
;7:
6-26
,
*
~
7
■'-$13/4-7
*
Chemical Co.—ft
(Common
(reduced), —._:
7% - preferred (quar.)
—
Link Belt Co., 6Vz% preferred (quar.)——
Lion Oil Refining Co. (quar,)-^
Lipton (Thomas J.). Co. 6% pfd. (quar.)_i_
12-31
•
(s-a)—"
-
5
5
6-16
6-30
"
$1'A
:.
>;
(quar.")________7w__«L
A
Co.,
Lindsay
9-30
1-2-43
——
International Power Co., Ltd.—
8-
11-
y .7 Mengel Co., 5%
25c
6-30
1
"i. "i:
(quar.)—
8-15
$1%
(quar.)
6-19
6-29
30c
:;$1%
"Quarterly
International-Paper Co., 5%- pfd.
6-10
6-25.'
$7»A-•
7%'. preferred ,(quar.)———_—
7 Mead Johnson & Co., common tquar.)——
25c
-
7
Works—___
Lincoln Natl. Life Ins. Co. (Ft. Wayne)—
4-21
7- 2
:
industrial Rayon Corp.
50c
: $3
Ingersoll-Rand, 6%* preferred (s-a)—;
:
25c
Inspiration Consolidated Copper—
Institutional Securities, Ltd.—*
"Bank group shares, class A (stock)——,
2y2%-,
par)
convertible
6-13
•
25c.
(quar.)____^
Gold
Cap
Lima
6-15
7-
H &■: $1
$1
^
($5
$1'A
'
6-12
11-14
,
"•. Sl'A "
;
6-20
7; 0-20
1
Rubber-*-
Quarterly
(quar.)—___ ^■■'4-:
& Wilkes-Barre Corp.
Le
6-19
6-30
class
4V2%
6-6
$l»/2
(quar.)
Quarterly
preferred
&
Extra
■
'
preferred
-?
—
6-15
,
v
■ft 7-1
-j
i$2.50 preferred (quar.) —
.7- 3
6-30
$iy4
7%
1ft
70c
;
Lexington Telephone
preferred A (quar.)_
;7%
7-
ft 7- i:l
t7c'
.
•
Lehigh
'
',
Industrial Bank & Trust Co.* (St. Louis)—
'
6-26
6-20
1
7-, 17,
7 Sl'A '
(quar.
Tire
Mathieson Alkali
6-19
6-30
.2'Ac
—;
Lehigh Portland Cement,
12-21
"
"'-
preferred
Common
6-24 ^
7-
25c7
Industrial
Salle
Leath
,
9-21
$l3/4
35c
preferred (quar.)
Indianapolis Water Co.—' ,ft-■•" ;•/.* V/'
&
7t3c
(interim)
Ltd.
preferred (quar.)—_•
(s-a)_7——
preferred
'$1.20
„
6-15
1
,6-30
83/4C
_
;
6-15
6-30
25c
25c;
.
6-15
7-
;
(accum.)__.
LaWrence
6-20
$1%
45c
7%
common
(I.) & Co. 6%
-
6-15
•w
7-
37'Ac
—_——:
convertible preference
Lava
Vi 6-15
$iy2
Co.,
7-
Marshall
6-15
v"
ftftr tC
ft 7- 1ft
$ 13A. ;r
.
ii'
:•M
Latrobe Electric Steel Co.____——;——
'
6-30
7-2
■;:
$iy2
Minerals
7- 1
$13A
,.
(accum.)____—
70c
17^
t$ 1
$l'/2
Indiana
Intercolonial Coal
•:
2c
;
Mascot Oil Co. (quar.)—77;
Field & Co., 6% preferred (quar.)
6%
preferred 2nd series (quar,)__———
Marven's Ltd. 6% preference (quar.)——__
Massachusetts Plate Glass Ins. Co.
(s-a)
.7
6-13
6-15
1
convertible preference
La
i
6-19
6-30
15c
Indiana Gas & Chemical Corp., $3 pfd. (s-a)
Indiana General Service, 6% pfd. (quar.)—'•
International
6-20
,
■
_
(s-a)
50c
Drilling Co. (irregular)—Co. (quar.)ri—
<7 Marlin-Rockwell
7-13
/:
1
.7-
•••':
:v;
?
'
-
1
6-18
1
10c
,7%
5-26 '
6-29
——
preferred
7-
1
7-
7-
Sl'A
■7%
6-12
.
Insurance Co. of North America
Insuranshares Certificates (Md.)
•
.6-30
8-
(quar.)-
Langley's, Ltd.—
,
6-30
$1%
—
1
7- 3
7- 1 r
7-
$2 convertible preferred
(quar.)—
Mapes Consolidated Mfg. Co. (quar.)———
Margay Oil Corporation (quar.)__—
Marine Midland Corp. (reduced)
Marion Water, 7% preferred (quar.)
5
7-15
•
'
,
75c
■■
i
&
&
Manufacturers Life Ins. Co.
5
1
7%
preferred (quar.) ___L—
\-7% ^preferred (quar.)__——
Lang (John A.) & Sons, Ltd. (quar.)
6-30*
6-12
=•
5%
r/
7-
(quar.)—
Clark__I—
Landls Machine Co.—
6-12
$i»/2
$6 preferred
(quar.)
—_
t
Imperial Chemical Industries (ord.) (final)- 7* :" a5%
Imperial Life Assurance Co. (Toronto)— ftft.
J$33/4
Quarterly
Quarterly
;
' % t$33/4
t$3%
Quarterly
I
HOc
Imperial Tobacco Co. of Canada, Ltd. (quar.)
30c
Indian Motocycle Co., common..
;
:
30c
■»■&%'. non-cum. preferred (s-aur—.
f
7
5 '
$13A
Banking & Loan
;
6-30
;__
pfd.
6-
40c
—______
Invest.
6-11
6-30
3iy4c
(Wise.)—
6%
5%
•
6
Sl'A
common—
(quar.):
(quar.)
6-20,,
,
.
25c
guaranteed (s-a)
Michigan Elec.,
,7
6-20
7-
Sl'A
—
Loan
Landers,
6-30*
-
&
7-
1
•?.
7Mansfield .Theatre- Co,, Ltd. (accum.)— _*_ :
Manischewitz Co.,; commoni;;;;;;^—'
6-20
6-25
A
common—
•
& Sessions
•: 6-20
•
87y2c
Hygrade Sylvania Corp., common———
4'A% convertible preferred (quar.)
___
6-20
25c
7? Manufacturers Trust Co.
Sl'A/.
________
Landed
7-15
Mfg. Co., common (quar.)——
preferred (quar.)————-—
& Erie Mortgage (quar.)
—
Hiittig Sash & Door 7% preferred (quar.)_
ft-7%
preferred
(quar:)>-———
J,——- r,
;'7% preferred (quar.)
„
1
■
/
75c
.
(resumed)__:__
common
Lamson
6-12
7-15
37'/2c
Illinois Commercial Telephone
7-
•
Mahoning Coal RR. Co.,1 common.—
.
7%
6-23
6-25
" 30c
______
Gas,
class A conv.
preferred
preferred
Lambton
:
$i
•
Co.
1
6-17
30c
•
(quar.)____
guaranteed
6%
-
$l'/4
•
6%
(quar.)
Illinois Bell Telephone (reduced)
Illinois Central RR. (leased lines)—
1
6-26
20c
62>/2C
6%
"4%
7-
,20C
(irregular)——ft
Company
Oil
(R. H.)
Mansfield
Sl'A
Co.,
Lambert
6-15
7- 2
t$iy2
;
;
6-20
6-29
Humphreys
Cement
6-10
6
/'•' /20c
Corp.——.—
'■.-,.6%■, preferred (quar.)
'
6-20
1
•■■■;
Huron
Ideal
'
V, 6-17'
1
7-
15c
(quar.)
Laclede-Christy Clay Products Co.—
6-20 ;
6-25
,
t50c
,
preferred
Howe Sound Co.
(quar.)
„%
Howey Gold Mines; Ltd. (interim)——
'
Hudson's Bay Mining & Smelting Co., Ltd.—
t
1
62'/2c
'
Magor Car Corp. common (irregular)-—r
.7%. preferred (quar.)___L_________4„__i,
,
6-24
7-
-_______
(D.
6%
5%,preferred (quar.)————.——
Refining
50c
•
6-12
'7-
$1% '•
>■••-
■
Humble Oil &
6-18
7-
25c
'
iftv.Mk: preferred' (quar.)____l_^__^____i——7:
y-6-1!;
1
$13A
6% preferred (quar.)
Kresge Dept. Stores 4% pfd. (quar.)
Kroger Grocery & Baking Co.— -ft 7*>>7
6%
first preferred (quar.)
7%. second, preferred
(qUar.)_______L___
Lackawanna RR. of New Jersey—
7: '7
;c; 6-18 ^
Ind.)— '
Houston Natural Gas Corp., com. (quar.)—.
7%
preferred (quar.) ———_——__—
of Texas,
7-
Sl'A
B common—
■ft $1.50 preferred (quar.)__—_•—
6-12 ":
■
;. i5c ;v 7- 1
*
Manufacturing Co.———————— ;
Houdaille-Hershey Corp., class A (quar.)—
Oil Co.
6-30
15c
Co.
Madsen Red Lake Gold Mines,
Sl'/a
77 Class
6-15 :■
50c
Hoskins
Houston
6-30
25c
7'
6-15
1.
S13A
....
Koppers
7-
.
'
common
6-15
7-18
;
pfd.
class B
Wheel
Copper
-
Household Finance,
11-28
7-15
.
6-15
10-17
V
(quar.)____—;
preferred
Kirsch
15C
$iy2
pfd. (quar.)—,
;——_———
Co.
"
Ltd., partic. pfd. (s-a)
Dredging
.
6-19
25C
(monthly)————
Honey Dew, Ltd. (quar.)—
Honeymead Products
(quar.)——————
Hooker Electrochemical Co., 6% pfd. (quar.)
Hoover Ball & Bearing
Macy
2
.
6-19
I
7-'
J25C
.
—
Wayne,
(Ft.
(s-a);
Homestake Mining Co.
Mackinnie
j
1
■7.;; $iy2,
■QVpi preferred (quar.)—
:—
7ct62yac
King$ County Lighting 5%' preferred—
t75c
,6%, preferred
______________A'
7% preferred ___i
t87'/ac
—___
6
"7-1
50c
>;
(quar.)
(quar.)_
preferred
'..
"
-
•
-fl%
:
'
.
>
$l'/4
6%
McWilliams
7-1,. a 6-10 ;
'
common——
Ltd.
Co.,
Home Gas & Electric Co.,
11-30
*$l'/2
-v
•
(quar.)--_-^-J:ii'ii4::''"
Corp.
6-30
6-15
8-29
50c
6-15
8-
preferred
Klein
Co.———
6-30
*"
1
8-31
Extra
;f y. 6-19.
11-
Furnace—-
preferred (quar.)—:
Kimberly-Clark Corp., common
6-20
$lJ/2-
*
(quar.)—
Furnace
Sl'/a
(quar.)_
$2.80
i;; 6-30
$1
50«
———
1
$1.06'A
Keystone Public Service Co.—
15c
Canada
Stores
7->
43 %c
McQuay-Norris Manufacturing (quar.)——
$1.06 »A
6-15
;,!••• 6-30
•;
_
Orleans)——
(New
Paper Cd. of
■
.
$13A
Kerlyn Oil Co., class A (quar.)
—
uClass B
(irregular)-'-^————
Kerr-Addison Gold* Mines,. Ltd. (frreg.);_L__A!
:
V
25c
—————
National,Bank
Hinde & Dauch
40c
.____
McManus Petroleums,
9
: 6-10
ft.7- 1ft / 6-10
$l3/a
;
______—___
pfd.
Special
•
6-20
■
———
".Monthly-,
-
6-30
433Ac
Ltd.—
6-17,
'
t75c
6-12*
6-30
43 %C
__
Monthly,
Co.
Gas & Elec. Co., $6
Kelsey-Hayes
'
(reducedI_—.—
Co.
7-15
Publishing Co., Inc.____7__—_ 7
McKee (Arthur) & Co., class B (quar.)——
11-10;
•
6-15
i5c
;
;
,
___________
&
Stove
Kennecott
Hibbard, Spencer, Bartlett & Co.—'
*
McCrory
6-19
7-
■v
'
10c
(quar.)_
(quar.)_——_——
—
preferred (quar.)——;
>
'
6-20 .*
7- .1
'
•
$1% ;
$ll/4
,
Co., $6
Motors
;
..
'
Extra ———_—————
preferred (quar.)
ft
Helme (Geo. W.) Co., common (quar.)— u
Hercules
,
6-15
i
25C %
.7%
Henkel-Clauss
;
Co.—
(quar.)
:_i_
Katz Drug, $4.50 preferred (quar.)_____—
Kaufman (Chas. A.) Co., Ltd. (quar.)______
Kaynee Co., 7% preferred (quar.)
Keith-Albee-Orpheum, 7% conv. pref. (quar.)
Kelley Island Lime & Trans. Co. (quar.)_;—.
-
6-30
6-26
25C
(quar.)--
Co:, common
7%
$6
6-15':
7-15
■r
30c
■„•■>.
...
.;
6%
Co.
Kansas-Nebraska
6-15
6-25
$1%
Hawley Pulp & Paper Co., $7 1st pfd. (quar.)
Heller
i
6-15
6-25
;
-
50c
;
31'Ac
(quar.)
Oil Co.,
(quar.)
preferred
6-
i
6-30 /
$2'/2
City Power & Light, $6 pfd. B (s-a)
Kansas Electric Power Co., 5% pfd. (quar.)
6-15
'
(quar.)——
'
7-15
McGraw-Hill
8-10
>7* 1
Sl'A
Kansas
6-15
2
Feiss
&
Kalamazoo
'
$l'/4
—-
'•'."//
E.
(quar.)_—_____________
(quar.)_^____i_'4.—L—_
Water Works.
Joseph
6
2
7-
f Sl'A
quar.)/—-——
Haverty Furniture, $1.50 preferred
Hazel-Atlas
7-
7-
6-25
15C
/■
—
of America—
preferred
6%
Magnin
Steel, common—
preferred A
preferred B
Joplin
6-17
,7- 1.
HOc
preferred (quar.)—J——_—:—
6'/a%
Machine
Lamson
&
5%
9-1
$iy4
Insurance
of Rec
7-25
$PA
preferred
McColl-Frontenac
7- 1
;;$i'A
,
Power & Light
& Laughlin
;;
1.
8-
9-10
f $iy2 •f7-20
(quar.)—
common
'7%
.
6-30
•,
•'
50c
& Co.^_—L—-
(C. E.)
7-
/"
Sl'/a,:
—__
.
Kansas
--
(reduced
9
6-20 '
7- ;1
50c
.
6-15
l
8-15
-
30c
(quar.)
Chemical
7-
25c;
v
(s-a)—
A
Jones
5%
Harrisburg Gas Co. 7% preferred (quar.) —
Steel Corp. (reduced)J————
preferred
class
Jones
6-15
Harrisburg
$5
37'/2c
(quar.)
cumulative
6-20
"
12-1.
30c
..
.
preferred
(quar.)
preferred (quar.)
,7 7% preferred (quar.)_-_l-______________
Jewell Tea Co., Inc., 4'A% preferred .(quar.)
4>A% preferred (quar.)
Johns-Mariville Corp. common (reduced).___
:
7% preferred (quar)l__
__________
Joliet & Chicago RR., stamped (quar.)__—
6-15
t5c;
Harris-Seybold-Potter,
7
6-20
1
'■'ft 15c
6-15
7-
/-
25c
(quar.)
.6% p-eferred (quar.)——
;
Harding Carpets, Ltd. (s-a)————
Harshaw
.
__-_r___i____-:____
6%
•
,
Harbison-Walker Refractories—
second preferred
Holders
Payable
,
common
1
common
Harnischfeger Corp., common
5%' preferred (quar.)—
9-
Co., common_L__________
5j/2 %
6-15
1
7-
HOC
,
"
5%
30C
(quar.)____—_—.—
(quar.)________:
Jersey Central
-
7-
$l'/2
(N. Y.)
When
share
,
(Ky.)
(quar.)________
Lykens Valley RR, & Coal Co. (s-a)_______
McClatchy Newspapers, 7% pref. (quar.)__
6-15 M
1
Water
Jamieson
6-30
6-10
6-20
25c
__—.___
v.-: 7-
Co. vtc. common (quar.)
Coal
preferred
5%
1-10 r
25c
:
(quar.)
Co.
$6
-
6-30
t75c
\
preferred
Insurance
"5%
6-20
V7- 1
$13A
'
—:_!,
1
.
7-1;
$13/8 '
■
_____
Supply,' common (quar.)_—
$5 preferred (quar.)_>__—_______—*—_
Jamestown (N. Y.) Telephone Corp.—
'7
6% first preferred (s-a)
6-30
7-
,
7-15
7-15
j
t$iy4k
——,
Fire
(quar.)__—
.(quar.)
Co.
Creek
Jamaica
6-30
7-15
preferred
Hanover
(quar.)______^_.
7-
1
7-
10c
Sl'A
__________
1
7-
25C
(quar.)__
'
t$iy4
(accumulated)
$iy8
Hammermill Paper Co., 4'A% pfd. (quar.)-1
75c
Hammond Instrument Co., 6% pfd. (quar.LV
Common
—-;i: $ >r ioc
7%
7
6-8
6-15
(initial) —
(quar.)———
Hamilton United Theatres, Ltd.— :
" '
; V
Cotton, Ltd.,
convertible
$2
preferred
preferred
Trust
Island
;
6-15
-
Hamilton
8-
preferred
Co.
'
6-23 !,
7-15
$13A
common_____
(quar.)
Fireman Mfg.
Irving
6-20
6-29
$3
(quar.)—--
Company
:
6-20
1
"
Haloid
pfd.
Elec.
&
-
1
preferred—
(s-a)
America
Service,
Quarterly
Irving Air Chute Co.
6-11
tnVa'
Texas)———
(N. S.)
Co.
of
Co.
first
Iron
Co.—
Halifax Insurance
25c
first preferred
$7
:
,
6-15
1
1
(quar.)_iv
preferred A
6-12
$6.50 first
!
6-15
/
6-25
.7,7-
,
7-
'
7%
1
7%
5%
Gas
'
7-
(quar.)————
Corporation
7-
Public
$6
6-15
3iy2c
(quar.)
Co. (N. Y.)
(Baltimore), 6%
Guaranty Trust
Guilford Realty
Gulf
Canada
of
Co.
$1%
Department Stores, com. (irreg)_
preferred (quar.)^.™^.--..-,.™
7%
6-15
2
,
t$2ya
Trust
(quar.)__
Iowa
;12»/2C
—
——————/
Quarterly
6-15
Investment
$iy2
(quar.)—————
Guarantee Co. of North America (Montreal)— '
Guaranty
1
Louisville
•
preferred
5%
7-
Tnterstate
.
6-20
7-
50C
$3
(irregular) —
J15c
(quar.)
$1M»
pfd, (quar.)—
"fi 25c
Greyhound Corp. commop (quar.)———
5'A % preference (quar.)
——'7 133/4C
$50
Group No. 1 Oil Corp.
———.——— "
Gruen
45c
Name of Company
,
6-15*
5-26
,
2
$l3/4
(quar.)—_
Greenwich Water System, 6%
■
1
Co.__
Salt
'
Co.,. Ltd.
Wire
(B.)
Greening
6-22
'
$1
Per
of Rec.
7-
6-19
7-15
25c
$6 pref.
Greenfield Tap & Die,
When
Payable
(quar.)__.
t$3,75
—
(quar.)
—
Co. 6 preferred (quar.)
(Daniel)
Green
7-
-■
(quar.)—_
common
International
25c
Ry. Co. pfd. (irregular).
Great Western Life Assurance Co. (quar.)
Great
6-22
35c
'/
—
Northern
Great
1
2yac
(quar.)—.———
American
.5%
Great
Name of Company
7-
t$l
*_
—
7
75c
preferred.
7%
Holders
Per
share
1
of Rec.
Payable
share
r
Brewing Co. (irregular)
Co. (Del.) common (quar.)
Valley
Grant
'•/
of Company
Holders
When
Per,,
'Name
Monday, June 22, 1942
25c
3
8-15
6-29
6-19
7-1'
6-20
7-1
6^20
preferred-(quarr)_-- *"$1'A— 7- 2
G-P"
...
-
30c
—
7- 1
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
Volume 155
Per
6-30
50c
9-15
Quarterly
50c
of America—
Mutual Chemical Co.
-
—!__!
4
12-15
12-11
.
3c
5Qc
•I
4__—
i
-
6-26
50c
•
6-15
,
Pacolet
-
ft.
6-26' .'6-2
•
12V2C
Packard
6-30
,
guaranteed
7y2%
■'
1
•
preferred (quar.)
6%
vr
;
Biscuit Co
30c
44
$1.,
t50c
.
....
National 'Breweries,
-1% '
:
Co.
Brush
National
*
10c
(quar.)—4ft—
common—-ftft-ft.i-ft.rftt
Candy CO.,
25c
preferred (quar.• 8PA
7%' second preferred (quarj-ftftftft/ftftft '.$1%
f '7%
first
National
'•
A-7- 1
"
Casualty Co., 6%
Penney
Penn
7-
Traffic
1
7-
1
National
$1.50
?
,
Grocers,
preference
National
Investors
J40c'
(initial)—;,
(quar.).—„——ft—44ft
Corp.
*
(MdJ^ftftftft-ft-ft'',
; '6%
———
—.
& Type
Paper
Co.--ft:-:Vft'ft ft*
-•
1
$1 Va
»;
(s-a)
National Rubber Machinery—ft——
l ••;
Co.: (reduced s-a)44-4-4/—-
4
8-
•'
ft:; 50c
•
■ft 7- t
(quar.)—'ft—44—
7-15
150c
National Steel Car Corp., Ltd. iquar.)— —
6-30
t$l%.
National Supply Co., 5'A%
prior preferred t$iy3 <;■ 6-30
6% prior preferred —ft—..-ftftftftft—
7- 2
National Trust Co., Ltd. (quar.)ftft..—ft—ft
,.:-7Natomas Company^(quar.)-"/ ;; 25C
National-Standard
Common
first preferred
/ft*————
6-12
Peoria Water
7-
6-15
6 V2 %
A preferred
8-
7-16
$iy2
pfd. B (quar.)
(quar.)—_—
ft
8-
•••
60c
6-16
preferred (quar.)—1ft
Dock Co.—
$5 convertible preferred (quar.)—
Pft
New England Fire
New
nrpfpTrpfi
LL:
,
7-15
Tel. & Tel. (reduced)
Hampshire Fire Insurance Co.
New
Haven
New
$iy2
6-10 ft
40c
7-1
6-13
New
New
Jersey Water, 7%
Air
:
RR. Co.
ft/.: $l3/4
78-
(interim)
Co.
———
New York Lackawanna &
Western Ry.~~
75c
(quar.)
(quar.)—,
Newark Telephone Co.; 6Vc pfd; (quar.)—— "
Nicholson File Co. (quar.)
——
Nineteen Hundred Corp., class A (quar.)-—
Class
A
(quarterly)-—-J
Noblitt-Sparks Industries, Inc.^—
J(orth American Co. com. (stock dividend) —
One share of Detroit Edison
com. for f
each 50 shares of North Amer. Co. com.;
7-
;,$iya
(
6-12
ft 6-30
-
6-15
6-15
1
4
-
!
•*
;.
6-20
/;
30C
:
50c
11-16
50c
*11-16
11^ 2
6-30
6-19
;
/
50c
r
Coal
-ft Pittsfield
•
11-2
•
Pittsfield
.
Plate
&
Glass
Gas
(quar.)-—
North .Adams
*
■
Plaza
Permanent
(Bait.),
Bldg.
reduced
&
.
■
Class" B
—.-'-.i——.i———>p
-
Star
*;• Northern
Oil Co., Ltd. 7 ck
pfd.
15c
/
"» 7-
-
50c
;6-23
;:
50c
7■47-
ft:
75c
——
common
.6%
67c
7-2
6-15
6-25
5-29 i
12c
ft 7-25
6-30
mv4
7-25
6-30
+
ft
4
$7.20
•"
•
57o
"
t 6%
Ohio
Ohio
Ohio
"
f
'
Omar,
7-
$1V4
.7-
$l'/2
7-
$1.80
7-
ft
40c
1
'
=■
:
7- 1
ft
6-30
7-
1
1
ft
quar.)
1
6-20
2
6-15
7-
1
$VA"
1
6-20
7-
1
6-10
7-
1
7-
15C
<quar.)_
25c
30c
(quar.)-—1
75c
St. Louis Bridge, 6% first pref.
■'
3% second preferred (s-a)
<s-a)
St.
(quar.)——
6-20
Louis
San
National
Francisco
Stock
ft-'
6-19
Sangamo Co., Ltd.
6-20
Sangamo
6-20
6-1
6- 1
Savannah
7-
;
1
1
6-10
1
,7-
1
6-20
ft
Electric
7%
«Si
(quar.)
6-15
6-15
C
4
ft
X25C
6-15
1
interest
6-24
1
6-15
7-
6-20'
6-30
,
•••'.' *tr
1
6-19
$iy«
7-
1
6-19
—
$l3/4"
7-
1
6-19
$1%
7"
1
6-19
/ft 50c
$1%
7-
I
6-13
7-
1
6-25
/ $iya
8-
1
7-20*.
>:
$1
8-
1
7-
1
6-15:
$iy2
7-
1
-
(quar.)
6-12'
:
-
25c
6-30
6-10
.
4
—
com.
/
7-20*
50c
//ft
/
—
*
20c
6-30
6-20
6-30
6-20
1' 1
6-10
—
62'/2 c
20c
,
1
7-1
37'/ac
-——ft
6-10
Sefton Fibre Can
Selected
American
Selected
Industries Corp.-r-
6-22 ft
6-15
6-30'
6-16
6-22
$2
,ft/J
Corp.— /, i^7 •./,// •\./; ,-•'/■»'
non-cumulative preferred'(irregular)-'.;
Security Title Building,
6-15
7- I
6-15'
6-27
6-10
6-30
6-24
Security 'Holding
^
6-30
•
6-30
7-
.444-.'"
(special)-
6-20
lftft
$2'/a
-
Beneficial
6-10
/ 6-23
$1
/
-
.
6-10
;
6-15
'•
—4
Corp.,
A (quar.)
6-10
*,
7- 7
•
•; 7-
1
17yac
preferred
—-—in¬
securities Acceptance Corp.r~com. (quar.)—
>// 6% preferred (quar.)—
——/
ssecurlty Co. MLos Angeles).—
; '
ft. 5-30
ft 9-15
'/ft?-/*/-
7-
r.
25c
—
Scranton Lace Co.
v
6-15
Co.
Seaboard Commercial
6-25
1
62y2c
-
(quar.)—
6-22
1
7-
6-15
Sugar
6-18
7- 2
10-
6-22
•//
6-22
debenture
1 /
7-
1
1
~
(quar.)_4—
(quar.)———
B
1
ft, 7-
1
1'
(irregular)
Power
A
debenture
Savannah
7-15
{•
Assn.
D (quar.)——4—
Refining (quar.)444—4:
Schenley Distillers Corp., 5y2% pfd. (quar.)
Scott Paper Co., $4.50 preferred iquar.)_4—
$4 preferred
(quar.)
44-_4—
Scoville Manufacturing Co.
;
Scranton Electric Co., $6 pfd. (quar.)
7-15
8-
Loan
(quar.)
Co.
debenture
6y2%
6-22
.
Remedial
Electric
debenture
7J/a7c
6-20
1
6-18
77-
7-
—_
8%
8-
6-18
7-
San-Nap-Pak Mfg. Co., Inc.— '/ftz-M/iv/'M/y//''
$0.70 preferred (quar.)
7-15
1
<$iy2
•
ft' 6-10
1
6-15
ftft. $1
1
"ft 7-
6-20
1
r-
-
$3
—
——4—
Yards
1
; 7- 1 ;
ft
1
7-
ftft",
$iy4
7-
ft
$1V4
6-10
77-
$3
6-10
1 *;
ft/
$1
•
6-15
6-25
$1%
preferred (s-a)
Joseph Ry. Light Heat & Power—
/ 5% preferred (quar.)--—444-—4——
6-15
6-30
-;
'// IOC
6-15
6-10
6-30
/
*$i3/4
6-11
1
6-26
*
J20c
7-
7-
6-20
7-
25c
.44——4—
common
H
$iyB
6-26
■ft 7-1;
\
4
7-1
$1
ft; '7—;*i:
7-
——1_——21—
(Helena), Inc., class A
Co. Mreduced)
Industries, Ltd.,
6-20
._,-/
—
(quar.)——_!_„
Corp.
1
St.
6-20
-
6-20
St. Croix Paper Co., 6%
6-17
6-30
/*
;
6-11
7-
75c
.
6%
$5.50
Allotment
$2.60
6-30
6-30
/
15c
7-15
6-30
75c
*
Inc., $7 partic. pfd.. ■r't$l
Co., 5%
prior, pfd..' (quar.)-
Shares, .Inc.
v.
$l >/4
.
15c ft;
——
"'*.'">//V.
/
'
6-30
6-19
7-
1
6-16
7-
1
6-16
7-
1*
6-20
M.< ' <
■//,/..;
.
/
Association
prior
Seneca
(quar.)_4———
(quar.)4—4
preferred
certificates
15c
Co.
7-
6-15
1
Falls
Shamrock
"9-30
10-15-
15c
6%
a
$1%
$1%
■y
■
Machine
Co.
Oil & Gas, 6%
convertible
—ft
preferred
preferred
—
/
ft, 10c
—-4-—
(s-a)-'—,
ft-,:/..,
■
$3.;
4_!!__!!!!—! i ft ftft
30c
ft:
:
7-1
7-
*■
i ?■" 6-15
1
6-15
.'■///''■'ft.-
'
■
20c
6-30
$1%
/■ 7-15
Sharon
6-16*
•7- 6
■
ft
$5
Steel Corp.,
convertible
3c
6-26
5-26
Shattuck
$l3/4
9-15
9-15
Sheep Creek
!•. Extra
25c
common———-!!—
preferred
(Frank
Co'.'
G)
(quar.)-4—
(quar.)
Gold Mines
ft!//
——
$1%
12-15
12-15
50c
7-1
6-19
7-2
6-15
7* 1:
6-15
6-30
6-10
Shuron
7-15 /
6-20
Simon
7-15
6-20
y
6-15
Simmons
6-15
Simpson's,
6-26
/ spa /
;V''/*'10C;ft,/
'.
(quar.)——44—
'!__
$1%
'
_!_—/.—
.7- 1
:6-io
50c
7-1
7-
41%c
i
1
58 '/3c
.
7f
J4C
'-"/ft- tic ft'
Sherwin-Williams
of
Co.
6-13
"
7-
1
•
6-13
6-22
6-
2
'7-15
(6-20 V
7-15
;■ ;•
''
6-30
6-30
Canada—
*
{
i
6-15
1
>
'
7-
1
.
$5
7-15
6-25
■6-15..
$iy2
*
6-25
6-15
'
*0
.
$5
*,
7-
30c
(Corp, of' California; common *• -2*0c
(quar.)ft—ftftftiftft
.I6J/4C
Preferred C (quar.)-_^_—_ftift-_-----ft *•'
5%-preferred (quar.).
/, $1'A
1
2
6-30
Singer Manufacturing Co.
Skenandoa
7-15
6-25*
$7C
6-30
7-15
6-15
:
.7
.
8-1"
:
(quar.)_
6-10
6-23
6-30
58y3c
41 %c
6-20
7- 1
;
:';:s 50c!
6rl0
7- .T:;ft
6-12
7-
1
6-12
$1 y4
7-
1
6-12
4
—
r
.
50c
Co., common
convertible
preferred A
't$iy2.
1
7-
50c
6-30
6-16
*
6-16
7-1
6^15
1
25c
7-
10c
6-30
10c
;
XI' 1
/
6-
9
6-30
.ft;'.-'" 5C
6-25
5-28
$1%
6-30
6-22
South Carolina Electric & Gas Co.—
7-15
6-15
>'7-15
/:
6-15
5-29
7- 1
7To
(quar.)———
preferred !_—
4—4-:
4
—-4-44»
(quar.)—
South Penn Oil (quar.-)_—44__—4—4
South Pittsburghft Water, 4J/2% pfd. (quar.)
South Porto Rico Sugar Co., 8% pfd. (quar.)
//Common
(interim)
(a
distribution from
5-29 /
,"6-30 y
prior preferred
—
ft
6-20
t$7
7-
l'ftft
6-22
$1%\
South Carolina Power Co., $6 pfd.
;
4/..,/
6-30
$6
Corporation*
7-
I \i
6-15
37y2c
$iya
7-15
6-10
6-26
/
$2
.
7-
1
6-15
1
7-
-
6-15
77-
6-15*
9-
8-15
8-15
9-
t$iy4
$l*/4
•
—...
iv
1
7-
6-10
v
6-
.
8-31 ft; s,'
87»/2c
7-
1
7-20
10c
;
-•
4
8-15
9-
7-20
-
50c
—s-i
<quar.)_—-,
(quar.)
/
8-15
6-20
$6
Natural
Gas
*.—
:6-22
:/■
6-17
>
7-15
7-15
6-20
t20c
8-15
7-20
7-15
6-20
t$V/2
?
10c
6-18
6-30
6-16
7-
1
6-15
$iy4
7-
1
6-15
"■.
/35c
—.*»-*•
pfd. -(quar.)
*
$iy2
^!(quar.)
(Dallas)—•
*
6-30
25c
ft
preferred (quar,)— -4—4-—4,
Gas & Elec.r 5%- pfd.
Quarterly
4c
34%e
37
4_4_!—
Southwestern Light & Power, $6
>6-22-.\
v
ft-/
—_—
Southwestern Life Insurance Co.
7? 2
w7-;*l'-Y^ 6-20
10c
4-.--57 J
a%c.! :787j/2C !■'."/ 7- l'/'
C4
_
«
*
7r 9 ,
.7-1-.- 6- 1
.
(quar.)_—
Southwestern
6-18
■
Ltd.—
participating
Southern
!.
6-30
original preferred
Co.,
preferred (quar.K(quar,)
—.
Southern/Phosphate Corp.- (reduced)—_4—
Southwestern Associated Tel. Co.— * " *M
6%
..
6-30.
7-20
....7--1- /> 6-19
i$1i/a
(quar.)—
Edison
5ya%
Common
6-30
: 6-17 i
(s-a)——.
(quar.)4—»
CI assti Aj-(quar.) 4^.4.4
;
...
preferred
California
preferred C (quar.)—_——
Southern Canada Power Co., Ltd.— !.4>/ M,.ft
6-15
:
2nd
5%
<»
8-1
50c
.ar.regulax)^!^/.,--..
*
>•
2
.7- l^ -.' 6-15
10 c
6%
Southern
■*
(s-a)^^„Tr.44^-;-r—.„ .-.$iy»
pref.
l
M
6-10
6-25.,3
20c
Buttom**Hode4Machine-Co.
7%
7-' 1
$1
(quar.)—
Reed-Prentice Corp.,
'i
$iy2
V
B-.4—,?.w44/
.Reed -Drug Co.,r common^
.
/
7-15 .-/-ft; 6-19
!' $l'/2
—
Estate Loan
9-
h
-/
—
*
r-.
SpringXieM-Fire & Marine Ins. Co. (quar.>4_
Springfield JMo.) Gas &-Elec.—
,
-;
1 $7;
preferred AM<luar.)_4——ft
$iy2
$1.12
7-15
7-
1
7-
1
.*
5
i
,1.
t
i
.
A*' (
i
7-13
6-20
6-15*
..?■
Staley t A. E,) Mfg. Co., 7%
preferred (s-a)^
■7- 1.,
$3'/a
7-1
•
■f
...
^
$i3/4
1 -ft
;
.1
,6-15
/ 6-30
S-'ft ■'
'•"ft.
!
*'
3 •'
y'X", '
6-20:
7-15 ft
25c
(s-a)--—4-44/
Bonotone
7-15
*$1V2
ft
:i
—4—4
6-20
50c
$lJ/4
6-10
6-30
ft/ $iy»
6-20 ft/
50c
$m
6-30
25c
7-.1
ft/ft*?/- ft://
$iy2
•
7- 1
/ /
v
•
(quar.)
7-18
__4_—:!
(quar.)—
prior preferred
1
I
common—-
6%
Solar Aircraft
Rayonier, Inc., $2 preferred (quar.)
Reading CO.,. 2nd preferred... (quar.)
- t!rReece»
*
6-13
6-22
8-
$$1%
—
(Howard)/Paper Mills, Ltd.—
ig !t.:
pfd.* (quar.)
—4——4
_!4!
Smith (L. C.) & Corona Typewriter, com—
$6 preferred
(quar.)—
Snap-On Tools Corp. (quar.)4
Snyder Tool & Engineering (quar.)L—____
!
" ;v
preferred B (quar.)———————4»
Employers Corp., class A
Co* of Canada
7-15
(accum.)
6
*•
(Pa.)
".7 rl5
6-13
7-
—
Reading Gas Co.
f7-15'.
,8-1
6-27
,
Real
6-20
v.14
6-27
50c ;
Smith
6-12 ;
,
7-
ft.
25c
<
•
A
6-26
25c
$2»/2
Corp.,
Rayon
preferred A
5%
7-1
7- 1
! 5%
*
6-16
$iy4
ft/;/;ioc.-
$1%
6-15
'
tl5c
ft
—
preferred
6-20
———i;
6-19 ".
7-. lft
6-30
Ltd., 6'/2%
Corp.,
80c preferred
.
6-15
7—1:-.-
6-23
t$l3/4
;
7-15
(Bait.)—
Gas—■-'"!
prior
Class
.
6-15
6-10
,
Corp.
7-15
6-15
1*
(quar.)-!
common
—
$2
————
Railroad
-
6-15
7-1
7-: 2
&
*
7-1
(quar.)—————
Electric
7-15
1
t5c
(quar.)—
preferred—
Pure Oil Co., 5% preferred (quar.)
'
preferred
_—
1
2
7-
(quar.)_
m%
(quar.)——
:
25c
,
f2c
-.
7-
Co.
8-
7-
35c
ft
Co.—_T—4--———
& Sons, Ltd.,
//''///"-"ft /•!/' /"/;/"!/,
6%
preferred (quar.)
!.
Quaker Oats Co.,- common (quar.) ———46%
preferred (quar.)—
——4
\ Radio Corp. of America—
* ! * ; ,
• /.'v
/.
$3.50 convertible first preferred (quar.)—
6-20
50c
4
A-
Optical
(H.)
preferred
tl5c
t$l3/4
ft
ft.
—
$iy2
—_—
,
6-154
6-30
/ft". $5
/
6-15
6-30
Co.
7%
(quar.)—
•
.6-30
7-
Ltd.—
preferred
(interim)
.
*
35c
75c
Ltd.4!
7%
*
...
(Canada)
*
—
,7- 6 4 ;
$1%
Co.,
50c
preferred
Publication
..
,6-15
'
Co.,
.
Common
'■ft. 20c
(s-a)~ft—ft——ft—ft——ft.
tl5c
t!5c
Common
/
7-, 1_: ;• • 6-20
net profits of Russell & Co., a partner37V2C*
'50c
50c * / 6-26.y- 6-16 /
'-.■«./'•* .ship):
com.»voting (quar.)— .44
;
/"
50c
50c
6-26 wr-non-voting (quar.)———
6-19-.I1
South West Pennsylvania- Pipe Lines—
/■
37y2c
Southeastern Greyhound Lines, com. (quar.)
Original preferred (quar.)—
$i3y4-..- 7- 1 /■'/-.: 6-19
'
ft ■'/■■ 30c
Prudential Investing Corp.---------——4_.r;/ ''■/!: 3C
7- 1V/;- 6-15
6% convertible preferred (quar.)
Z!!!-'
. ;
/-ft5; 30c
Puget Sound Power & Light Co.—
J: 6% non-cum. preferred (quar.)———
-ft
6-20
1
&
:
v.
mv*
pfd. (quar.)
Public National Bank & Trust (N. Y.) (quar.)
•
6-16
7-23
~$i
Mining
preferred (quar.)_.
7% preferred (quar.)
Public Service Co. of Okla., 5%
<
6-30'
;
50c
•
Inc.——___—
/
6-20 /
7-/lv
50c
—
(interim)—
com.
;// $5
-.
6-10
6-22
ft
17o pfd. (quar.)
(irregular)
/. / /^ft j
17c
preferred
(monthly)——
V
67c
preferred (monthly)
57c
preferred (monthly)—.
Z
Public Service Corp. of New Jersey—
ft !
Commonr (reduced)
>46%
preferred
(monthly)——1__—.ft
-
6-10
;
Gold
Public Service
'6-10
*$2»/a
(monthly)——ft—ft—ft——
7-15
'
$1%
—_
1
$l'/2
1
'
/ 6-15
$1V4
f(monthly)*-ftft-—-ft—
class A (irregular)ft_.ft *-
*'•
6-15'
l'i
•7-' 'V- rV'6-15
'
:
9-25
(quar.)4__44-
Public Service Co. of Colorado—
8
8
Class
6-15;
lftft;
ft7-
$l3/4
conv.
Preferred
ft
'
ft
(quar.)—
PrudentiaL Personal Finance
4
-6-15 ft
1
ft 7-1
$1.65
r
66-
6-24
50c
.
2ft'
*6-24
50c
-w
(quar.)ft———
Paciflc"P^nance
6-24
6-30
9-30
,,$!%/
:
Washington Insurance Co._
Providence & Worcester RR.—-
6-17
1
"
6-24
ft
V. Providence
6-24
J25c
Lambert,
Providence, Gas
6-15
6-30
(quar.)—
——ft ••/
Omnibus Corp., '8% preferred (quar.)— _ft—
t$l'/4
Ontario Loan & Debenture Co. (quar.)-——'
,450c
Ottawa Electric Railway Co. (increased) ft— ft
;
i5c
Paauhau Sugar Plantation.
ftft— /
50c
Pacific <fc Atlantic Telegraph (s-a)_ft___— 4
25c
'Pacific Can Co.' (qufcr.).:-——
6%
<
7'/2C
ft,
•j-
6-30
1
6-22
6-15
7-
7-
i: 17o preferred (quar.)
<
Ryan Aeronautical Co. (irregular)
Sabin Robblns Paper Co., 7%
pfd./ (quarjSafety Car Heating & Lighting Co., Inc
Safeway Stores, Inc., common (quar.)
;
V 5%
preferred (quar.)__
■
/
'
25c
Proprietary Mines, Ltd. (interim)
Co., 57c preferred (quar.)_.
,6-19
i——__
Inc;/ common——t———
Cable
(initial
6-30
$l'/4
■*
-
7-15
$80
■V Prosperity
6-15
1-.
,-..,7-/1
$3 .('•referred
$5.30
6-11
1
■i J50C
Russell
7-
(quar.)_—
Procter & Gamble, 87c preferred
6-20
50c
Natural Gas, common__„ftftft—— /
(quar.)ft.ft
.'—_ftft——
prior preferred (quar.)——
Old Colony Insurance Co. (Boston) (quar.)„
Old Colony Trust Associates (Boston)—.
First series trust shares (quar.)
'
'
7-
6-15
t$3
ft 6- 8
-
ft'-ft-/.75c ''
—
of Canada,
Price Brothers
6-15
7-2
Oklahoma
<
6-15
*
1
$2'/2
/.'•Preston East Dome Mines, Ltd.
6-19
7-
$2
prior'preferred (quar.)— -ft———preferred (quar.)_———————
Forge & Machine (irregular)—:
& Mississippi Telegraph Co: (annual)'
Public Service Co., 5% pfd. (monthly)
Oilstocks, Ltd.
,
nv/z
Ohio Water Service,
'
/
7-1
7-1
_
t$1.3iy4
preferred '(quar.)——
67c
preferred
'77c '"preferred
Premier
6-20
7-1.
75c
SlVi
^
&
5V2 %
7- 1
$1%
-s—
$5 preferred (quar.) .li¬
$6 preferred
(quar.)
——ft.
$6.60 preferred (quar.) —
—
$7 preferred
(quar.)_
ft—£ft—
Ohio Finance Co.' common
6-15
6-30
25c
Rubenstein
5%
1st preferred (quar.)—4444—
non-cum. partic. pfd.; (quar.)——/."
Pratt
:
•,
Ohio Edison Co,
■
Power Corp.
t8%c
/4ft—---i—■/■'
Class B
> 6-23
Power, Ltd.,
Co/ of America
Potash
.
6-23
(irregular)
Ogilvie Flour Mills (quar.)_.i—i—
Ohio Brass, class A i
-.i——i.——
i
6-16
niwvowv-ii*
Northwestern
Corp.
;
7-
nut
Nu-Enamel
Rico
6-25
(accum.)
—» —
—
Telegraph (s-a) ——
Norwalk Tire & Rubber, 17c preferred-_i._^
Norwich & Worcester RR., 8 7e. preferred—.
^Nova Scotia Light & Power Co.,"Ltd. (quar.)'
Novadel-Agene Corp.* (quar.)
1
30c
Ruberoid
-■
(semi-annual)
Pocahontas
Creek
$1
Natural Gas Co.—
■
Pond
Porto
/
6-20
Ontario Power Co., Ltd., common
preferred (quar.)——————-—
>
Northland ■ Greyhound Lines—
$6.50 preferred (quar.)—
Northland Greyhound Lines, Inc. -
6-19*
1
7-
9
1
6%
>
'6-20
7-
20c
Northern
-'
7-
v
87y2c
60c
prior preferred (quar.)-—it
Judd Manufacturing (irregular)-—
North
7-
75c
■
North
1
7-
$iy2
6-15
$2
•
7-
71 %c
5%%
f
'
7-
'ft
/
*
.
9
6-
$1%
6-15
75c
(tfuar.) ---4-!-—-.4-!4----4!4-/Plough, inc.4——!—-————,-^,
6-5
Plymouth Oil Co. (reduced quar.)——
6-10 ^
Plymouth Rubber, 17c preferred (quar.)——
Polaris Mining Co. (resumed)——4——
/? 6-10
Pollack Paper & Box Co.; 7% pfd. (quar.)..
:f6-20 4//. 77c preferred (quar.)—
7-
**
'■>6%
Rome
6-15
,
6-26
Common,
:•
Y-^'^-riieW. 1 Payment is subject to the ap"
Ltd.—
A
6- 9
$1%
1
'7-1'
•
proval of the S. E. C_—-4
—
preferred (quar.)——————
6% preferred
(quar.)—
—
North American Finance Corp.—
w
V Class A (reduced quar.)—
Ho preferred (quar.)i——i——-4—:
Prior preferred
(quar.)
•
—
North American Rayon class A————i*
preferred
1
7-1
-
Flomb Tool Co.,
'
'
4VzT,
7-
—.4—4—'~?T
——
Roeser & Pendleton
/
6
7-15 '
6-
$1%
participating class A preferred (quar.)
Rochester Telephone Corp., common
(quar.)
,
1
2
*.$l3/4 "-ft
-
1
fs-a)——
Loan
-.4
8-
7-
$iy2"";-
preferred
Mills,
7-15
15c
•$iya •
7-
30c
——
RR.
Silk
X
25c
-
Co.__——
/, Planters Nut & Chocolate Co.
*
6-15
1
.
15c
>:
7-
74c
/•:.••
(quar.),.
preferred .(,4!4-4-44!!———/—j—
:1%.
Pittsburgh
*
1
8-
..*-
1-
50c
Common
.
6-20* /'ftft!
6-30
7-10
———.——*_
6-
1
Pittsburgh Forgings Co——4-4-————4!
Pittsburgh, Ft. Wayne & Chicago Ry. Co.—
•/
6-30
.'
$2
6-15
1
7-1
'
$1.31 y4 ft;
*/' Pitts. Bessemer & Lake Erie RR., com.- (s-a)
7-1.
87y2c
York Trust Co.
5
6-17
7-1
7- 1
'
1
Co.
/
'7- 1
ft $1%
preferred
$6
ft:
1
9
•■!'
—
6-15
1
6-15
7-
(Hartford) (quar.)—/
/-;/ Phoenix -Securities Corp.—
v:/'/«/' .»/•!•' ' /ft$3 convertible preferred A (quar.)——
ft/ Pilgrim Trust Co. (Boston) (quar.)—!—4
Pioneer Gold Mines (British Columbia)
(re-
1
7-
'$1%
1
7-
ft;" h
^0.'.44!!444!44!4444!444!/;'/
Insurance
duced)!_
Quarterly
■"
York Mutual Telegraph (s-a)j—'
New York Power & Light", '7% pfd: (quar.)
New
Phoenix
6-15*
(
New
•
Pierce Governor:
1
6-27
:
J
7-
$1.06 y4
-4-4—*
4% % preferred (initial)-—,4—4——4—_
Phillips Packing Co., 5y4% pfd. (quar.)
7-
40c
(quar.)4
6-24
1
6-15
50c
! /
■
7-
•'
preferred
7-15
6-27
Omnibus Corp., (quar.)ftftft/
4>/4%
6-15
1
50c
—
•
6-11
1
50c
(quar.)
Harlem RRftcom.
&
6-15
6-11
1
1
7-
$1
4
preferred
Riverside
25C
(quar.)———
(quar.-)_4———
6%
6-13
7-
——
'
(s-d)ftftft— /'ft' $2>/a ft:
$2'/2
10% preferred (s-al
-—
—ft
New
York
&
Honduras
Rosario
Mining
New York
(
•/
—
tax_-.ta4___^_i.a-.
common
convertible
7- 1
$5 preference (quar.)—-— .ft- $pa
$6 preference .-(quar.)
ft
$p/2
Philadelphia Dairy Products Co., Inc.—
ft
$6 -prior- 'preferred' (quar.)—44-4-4-—. ft/ $iy2
50c
Philadelphia Electric Power, 87o pfd. (quar.)
Philip Morris & Co., common (quar.)—44— ft/
75c
6-15
1
6-30
7- 1
7-
'
New York City
7-
.
/'ft $1%
preferred (quar. )-—)
Brake Co.———
15c
$1*A
v
(quar."
Riverside" & Dan River Cotton Mills—
'
" >! '
6-19
!
5%
6-13
25c
(quar.)
■l-
1
37'Ac
common
Ritter Company,
6-19
*'
;
*6-30
25c
_4——i———
Company
6-10
6-10
Waters Works, 6% pfd. Mquar.)
: =
Metal Products
(quar.)__4!—.4^-
7-
-"/'■" 25c
ft.
income
corporate
6-15
6-30
(initial quar.)—
~4_4;/ $1.06 y4
50c
(quar.)—--.——4—J.'
preferred
Paul, Inc.
1
1
7-
'
convertible preferred
Rieke
6-15
6-26
50c
pfd.
/ ;
6-26
'
:
ft/ft' $2
ft
$pa
common
7-
"7-
Richmond
PhiladelphFa^Cov
6-20
1
Sl'/a /ft
(reduced s-aftftft—ft—£
Northern
London
York
—
Co.
Pfaudler
6-20
6-30
6-20
Y.)—
6-10
7-
$1
(quar.)——4.——
Co.*
(N.
6-10
25c
ft/'.'/'./
7-
ft
7-21
1
20c
•
1
*"62 Vic
6-15
*
7-
Idea;:.Inc.' (quar.).
Jersey Power & Light, $6 pfd. (quar,)_
New
;;
t$l
(quar.)-
Stove
Company
Milk
$4.25
/
t33y3c
New
New
•;
7-
r
—
New England
Water
Pet
13c
Insurance
England Power
«0
nv*
(quar.)-—ft—ftftft
Association, 6% pfd—
Permutit
Peter
8-
6-16
1
7-
■
$l'/8
1
4__^._!-
7-15
"
(quar.)——
Co.—!
Perkins Machine & Gear,
/
,
6-15
7-
r
$\V2
Newport Electric, 6%
Newport News Shipbuilding & Dry
6-26
8-
ft
25c
(interim)
Co.
6%
'
6-19
'
6-29
.44——4—4—4—.
Works, 17c
Circle
Perfection
7-16
,7-
y>. $1%
(quar.) ft———44—ft—ft——_ft
Common
Perfect
Trust
'' //' 6-12
spa1*
(quar.j-
(quar J—
Peoples Telephone Corp.
6-20
ft-6-15
Newberry (J. J.) Realty, 6%
6-23
$2«/2
&
1
25c
'
7-
ftftft
■
•
6-20
12»/ac
(quar.)
—
6-23
1
25c
7-1
$pa
'-!r
;■ : 7-
15c
pid.
'J—
-Extra
-
$1.31 y4',
Iftftft——ft—_ftft
1
7-
$l3/4
7-
-Quarterly: 4.-^44—^4^.4—4—4-4-4444!-44^^ /ftftft 25c1'":'
6-19
ft
7-
*/
!
common.
7-
*
spa
(quar.)———:i
(quar.) -44——4444—4444444";•>■ $pa
Pennsylvania Telephone; $2.50
6-19
,
Nehi Corp., $5.25
1
6 25
i2yac
7-25
-
I"
'
(reduced) 4444-44!—4—
/ Peoples Gas Light & Coke—
_!
Peoples National Bank (Seattle, Wash.)—
6-30
i
1
37y2c
(quar.)———_!*
prior preference A (quar.)/
——~Reynolds Metals Co., 5'/2 7* conv. pfd. (quar.)
Rice-Stix Dry Goods, 1st 7% pfd.
(quar.)—
*
7%
second preferred
(quar.)
!——_—
Rich's, Inc., 6y2% preferred (quar.y-!-^
!!"
7-
10c
Peoples Drug Stores
:
21-16
preferred A
preferred B
6%
«'
6-12
6-30
•
■■
Pennsylvania, Water & Power, com. (quar.)- •'ft,
-$1 •
v:$5 preferred / (quar.)—4-4444—4-4—
ft-: $pa;//
8 "
1
7-
90c
(quar.)
/
) < 6%
(quar.)-444.44—*
Republic Steel Corp., common (reduced)!___
11- 5
■ii Pennsylvania Railroad 00.4—444-44—44444-^
6-15
Co.
Navarro Oil Co. ft—.
•:1: r
federal
*•! 6%
5
2-5-43
40c
'
ft
6-
12-
}40c
Republic'Investors Fund—
ft 6-15
8-15
•
11-15
/ /
6-2?
;/ 6-22
25c
preferred
i. $7 preferred
$6
;
/ 7-31
8-15
8-15
Saratoga RR. (s-a). A $4 divi-;
dend, less $1.2919 per share to provide for
'
6-20
u
7-1
,
'
2-15-43
ft/ft
Lives Ac*
on
Glass Sand, conr. (quar.) 4—preferred (quar.)— 4—4—__
Pennsylvania Power & Light, $5 pfd. (quar.)
,
f
*'
7-17
•
'•6-30 *
~-ft
preferred
.ft 5%
25c
'
National Oil Products
National
ft
>. 8-
$pa
1
Rensselaer &
35c
Pennsylvania
/
'
(Illinois),
Bank
<
6-17
35c
;V"57c
6-12
6-30 ; '
12 'Ac
Lead Co.ftcommon,—..———
preferred B (quar.)——.——ft ft—ft
•
*
6-30
"
7-20 :
10c
r
National
'
6-15
t38c
9-
-
6-20
'
''ft
::
:—;
'
7-6
Co.
Co.
Quarterly
6-15
6-30
$3
' 50c
*
6-24
Mfg.
6-15
r
6-30
*' /■>,-:"* 35c
7-18
7-20't
8-31
.
preferred" (quar.)__^
Remington Rand, Inc., common
v
$4.50 preferred
(quar.)^>«*.
25c
pref; (s-a) _44444 " '."'/
(quar.)— *:"'/
*
Pennsylvania Co.-for Insurances
j:
6-15
1
7%
Rensselaer
75c
Company_4_//_-4/_r_444-_j_
Corp., 4 'A %- pfd.- "(s-a-)4--444*; -ft,. $1y8
Federal
'
6-10
C.)
(J.
Penn
Reliance
6-20
7-1
25c
(quar.)—4-;—4- ft
-
,7- 'l
50c
6-16
9-15
/ t40c
(quar.)_Jl~TT
Corp.y common
7-15
$l'/2 "
«
common
(quar.)i-i
V
7-
•
ft-ft."
preferred
'r 6-27
"
(ir regular
Ltd., common
6-26
t25c
convertible preferred (quar.)___>«_^__
Reliance Electric & Engineering
6-20
'
6-30
.
National Folding Box
non-cumulative
Reliable Stores
of Rec.
6-30
25c
"
$1.40 class A
*
Knitting
Holders
30c
Engineering
Mills, Ltd., common
.-.5%
7-10*
6-30
Granting Annuities (quar.>/44444-4——
50c -'8Pennsylvania Edison, $2.80 -pfd;- (quar.)
;.
7oc
8- 1
-'7-18;
':
75c
■;
ft $5 preferred
«- 9
(quar.)_—-4444-44-—
/ •/ spa '•
National "Cylinder -Gaaft-4.,.—ft-UftftZ-ft-ftft/ft :"2pc; f -6-23 30c
Pennsylvania' Exchange Bank-(N. Y;) (s-a)
.":'7-Tr; 6-8
■'*; National Dairy Products
ftftft, ft/ > 20c
/■ /' Extra -L—1
-ft * 10c
.-4---44_4_4_4—4,
National Elec. "Welding Machine Co. (quar.) £?.•■*:, 2c ■p r 8- IT*?'1 •ft 7-22
■ft, Pennsylvania' Forge* Corp.- -(-quar.)4,i'.::,.'--:4-:'"
10-20
/'/•■ft'' 15c-.
v Quarterly ft*—4_-:——,
.ft! /W. 110-30 •
/ / ft/" Extra -■ j-_4_-_-——--44__ _4—_ 4-4—4 ft;
6-30
f 6-20
ioc
National Enameling & Stamping Co.—ftft-L ,121l/iC
Lines, class A (quar.)-—ft—ft ft
$3 convertible preference
(quar.)
National'City
1
Payable
&
$1
ft
(quaA)—
$1.40 class A
\**
6-15
1" ft
6-30
8-
Electric
$1.60
When
share
Company
Co
50c
(quar.-)
•
•
7-15
(quar.)—
gt.40 class A
"6-30
c
*.
common
t
-6-12
7-15
6-30
6-12
«
7*-1 ?
6-18
~
Cos.
—"
8-15
-
v
-6-12
7-
t.
6-15
-
Bit
(quar.)__
'
$1.60 non-cumulative preferred
(quar.)4_
Reliable Fire Insurance (Dayton, Ohio)—
Quarterly.'
,!«!
,*-'T
6-18
1
$l'/2
/
1
Co.—
Peninsular Telephone,
i
::
6-12
6-30
■*
Peerless
6-12'
-
9- -lit'
,
25c
ftwftft/ft;,
7%
Go.'
2
'7-2
preferredy t$lV*
Register-
Cash
National Casket
7-
,
7-
Regent
6-30
—-
Parker Appliance Co.
6-24
7* 1
.
J 44c ■;
Jtquar.L—-------iSii;---'";V?
preferred
National
Ltd., common Mquar.)
6-15
*
6-29
75c
ft*
preferred (quar.)
/Paramount Pictures, Inc.; common (quar.)_. ft
•'y- - 6% ,1st preferred '(quar.)-/—
6-12*
>
.10c
4%
'■
>
5-20
-
_,7rl5
.
u
1
Reliance
$1%
10c
77o
8- 7/., ,,/vParaffine
.
11-10
7-v 1
.55c
(quar.)__ftft4 rft
(reduced
National Boulevard Bank (Chicago). (quar.) /ft
'
*
ft
1
12- 1
\
preferred
convertible
$2.20
National
9-
.
15c
„.ft
ft——
Battery Co.—
National
'
:15c ,f
'.
6-19
7-15
preferred A (s-a)/——4;
<
ft-'* $3'/a
•'
preferred B (s-a)__/—'
$3 y2
Page-Hershey Tubes, Ltd. (quar.)_4—— -M$iy4'
•6-20
7-1
93%C
(s-a)__i
ft
pref. (quar.) ft ft
common
''
1
7-
-.
$iy4
•V
u
7%
'
National Automotive Fibres 6%
50c
---
Car_/—-
Manufacturing
Roller
'
f
-
Co.—
Nashville & Decatur RR.
Motor
7-
87yac
:
"
6-30
7-15
•
Name of
~
.
$3.50
Pacific Public Service Co* (quar.)——
,
Per
of Rec.
Reed
Pacific Southern Investors, Inc., $3 pfd. (quar.)
1
/Pacific Tel. & Tel., common*(quar.)—/i 67o- preferred (quar.)—4"
9-17
.-12-17
7-15-
'
,
When
Payable
.
.6-18
r-
12-28
$lVa*'
Corp—
Kelvinator
Nash
■v
$p/2
!—:—
preferred (quar.)
Myers (P. E.) & Brothers
8%
6-27
9-28
$pa
•-
6%
-
-
"
'
preferred (quar.)_4
preferred (quar.):
.
preferred (quar.)_.__...—'
Mutual System, Inc., common
(quar.) Jit.!!
5%
*
?
Name of Company
Greyhound Lines—
conv. preferred
(quar.)-—
.Pacific Indemnity (quar.)-:
Pacific Lighting Corp., $5 pfd; (quar.)-—-4
9-11
:
Mutual Bank & Trust Co. (St. LouisMquar.)
/
,
Pacific
6-12
30c
(irregular)-
Ring
Piston
Muskegon
,
of Rec.
Payable
Holders
Per
share
Holders
When
.
share
Name of Company
2331
"ft
-
®L
*
■"
-
2332
THE COMMERCIAL & FINANCIAL
CHRONICLE
Per
Name of Company
Square
5%
D
Company,
convertible
Squibb
(E. R.)
Standard
series
Chemical
A
(quar,).
(interim).
$3.
Co.
participating
$5
•
Co.
preferred
Standard
Class
Co..
7-15
7-30
6-30
7-
1
6-29"
.7-23
7-16
50c
75c
f75c
class A
I quar.)
;*quar.)_4————
Silica Corp.
(L./S.) Co.
Stecher-Traung Lithograph5%
preferred (quar.).
: 5%
preferred (quar.).
5%
preferred
(quar.).
Stedman Brothers, Ltd., common
(quar.)^^
6% convertible, preferred (quar.)
,i„;
7-10
7%
"
RR.
Trust
6-30
t$iy«
l$3»/4
7-
1
68 34c
7-
1
82
VaC
7-
1
$1%
7-
1
6-15
mvz
7-
2
6-12
Light & Power—
v
Co*
.
150c
.
(Lewes,
2
7-
2
7-
1
•V.
50c
(s-a).
40C
,
,.;7-
30c
$1 v*'-
t5c
8-
IOC
5V2% participating preferred (quar.),
Tamblyn (G.) Ltd., common (quar.)—,.
683/4C
120c
'
Texon
Oil
Textile
&
(quar.),
10c
!.
'
10c
preferred (quar.).
Thermoid Company (irregular),
Thompson Products, Inc.—r.
: '
)
6-15
'
1
7-
25c
7-
7-10
1
;
$1 Vt
Toronto Mortgage Co.
Trade
Bank &
Co.
Trust
(New York
(.quar.)—-,
$6
Additional
Tobacco,- Ltd.
Tunnel RR. of St.
7 %
,
preferred
Twentieth
$1.50
.
Union
Wire
United
Rope
Carbon
$5
t
Fruit
United
Gold
Standard
United
prior preferred
prior preferred
S.
U.
•
S.
7%
6.
Gauge Co., common
preferred <s-a»
S.
y. S.
U.
•
Gypsum Co., common
preferred <quar.).
;
•
6-18"
Co.,
7%
preferred
(s-a)*;.
Playing
Potash Co.,
S.
United Utilities,
1
1
(irregular)
Upper Michigan Power & Light—
______
1
9-15
7-
1
preferred
(quar.
6%
preferred
(quar.)—-——
6%
preferred
(quar.)*
7-
Upressit Metal Cap Corp. 8%
Utah-Idaho Sugar,
preferred...*
60c class A pfd.
1
6
;
'
r"
6-30
6-24:;
-i
:.7- 1
7-
1
6-20
7-
1 y
•
6-20
$314
7-
(quar,)*
i;
7-1
"
i
'i; 77-
1
;
•
6-15
■}75c
1
7-15
f$l34 "
6-20
,
June 17:
•6-20
,
■
4
-
at
the
source^
British Income, tax.
yy
;' f,.
?0
1
yyy
62,
National Shawmut Bank,
Boston
S.
62
10
'62
Co.
fi;f'
($1214
Boston
($100
'
($12V2
par)**
par)IT
parr___"_"*y*r
H,
Whittemore Co. "($100 pari_"__„
Schulte Real Estate Co. pfd. ($1
par)
J. H. Whittemore Co." ($100
pan„__
14 294-1000
.
Insurance
y?y
Wednesday,
on
"
j
■y.
...
._
■
6-16
i;
...
-
/ Shares"
1
-*> .;*■
: STOCK"
"* •
50
National Shawmut Bank,/Boston
6-20
40c
a Less
<-Transacted by R. L. Day &
Co., Boston
6-20
i
Central Maine Power 6% pfd. ($100 par)
J. H. Whittemore Co. ($100'
par
,1' American* Agricultural Chemical Co.l„_.
t :J.
5
Anaconda Copper
Mining Co. ($50 parK
16,700
Cripple Creek Mining & Milling Co. Ltd.
,
RATES
CERTIFIED
BY
FEDERAL
y
t
12-19 ;<
6-19
T
1
($1
par)
RESERVE
BANK
7-1
6-15
7-15
7-
7-1
6-12
6-30
6-16,
TO
TREASURY
UNDER
ACT
OF
I11
1930
1
,
w
Buying Rate for Cable Transfers In New York
Value in tlrlited States Money ' y y;
*
June 18
y,!
koruna
2*
t
4.035000
4.035000
i
6-20
-
8
...
t
."
$-f
f
v,;.'"
.'"
t
i
^'4.
t '■
f:
•
•
4
t
.
.
t
-
■
.301215
dollar,
-
3.228000
3.228000
■
*
3,215033
3.215033
3,227833
3.227833.
*! ,i;>
-
*
3.980000
3.980000
'
7-
6-26
;
■i .909090
.900000
r
%
c
y
'
3.228000
3.215033
3.227833
3.980000
3.980000
3.980000
-
V
.897500
/'■■t V •/"•
i.
.909090
.909090
.909090
.899296
.899218
;.yy y .909090
!
.898750
.205675
.205675
,205675
v .909090
.909090
.909090
.909090
.896875
.896875
.909090
.896875
.896250
.896458
.909090
.8°8906
•
J
.297733*
*.
.297733*
.297733*
.297733*
.237044*
.237044*
.237044*
.237044*.
.060580*
.■*'
.060580*
.000580*
.051447*
.051447*
.051447*
.
::
Official '■
1
.297733*
.297733*
.237044*
•j
'.
(
-.237044*
-
S
6
:
.570600*
<
peso—
.060580*
.051447*
K
.4
.570000*
peso-
.060580*
.051447*
>
S
.570600*
5
Controlled
■'
_lJ.
•
,.'.658300*
^Nonrina'i
rater
tNo rates available;
.527400*
gtemporarily' omitced.
■
.570200*
.569800*
.658300*
,658300*
.527580*
.527580*
'i
.658300*
'
.658300*
.658300*
.527580*
.527580*
"
>
Non-controlled
.527400*
.060580*
.051447*
R
S
§
.§'70825*
•
''
♦205673
peso—
Free
Export
S'
3.980000
>'•.
■.
.205675
.909090
Chile, peso:
•
,y>yyt/
.899375
-
.205675 '
pCso
'
t
3.227833
.
AMERICA—1
Colombia-,
Uruguay,
V
'
3.215033
,
-
,::y,..y
Free
Free
--
.301215
v".••
y
1
<
t
t
'
.4'.-".
y>
:-3.228000
v
,
#
AMERICA—
,
"
"
/
-
t
•
t
yy:..^
:
.301215
4v.
"
pound___i
§
t;
>;
.tv-vyy
r.%
.
v./:*-.;'
yy-
t
^
y.y
_______
•
i
>
•"
Official1
•
6-22-
.yyy
Brazil,1 milreis-^
4
6-17
6-15
t
"
'
6-25
7-
t
t
:. §
'
Canada, dollar—
Official'
"
/
1
9-28
f
■
!
1
:
t
t
-
•
'
•
Argentina,
n:
Official1
6-30
12-29,
•
Official
•
v:«i
V;!.
4.035000
Union of South Africa, pound
-
7-
1
t
t
•
t
"
6-30
1-1-43
$
■-■■■
yyyy1;:
franc
Zealand,
SOUTH
t$2
6-30
TARIFF
INCLUSIVE
)' Newfoundland, dollar
40c
1
Noon
Free
New
'
'
$15
10-
JUNE 48,t: 1942,
mm
Settlements,
Mexico;'
6-15
t$i
'
Free
6- 6
1
TO
4
8-31*
11-30*
7-
-
12
Australia, pound
Official1
!
NORTH
6-15,
6-22
15C
12- 9
y
'
„
Auction* Sales
6-25
Co!——
AFRICA—
6-15
t$2
12-15
A
"V +
AUSTRALASIA—'
6-16
6-16
;
9-19
75c
6
9- 5
6-15
6-15
dinar
Yen
Straits
-6-20
6
7-
6-30
75c
_______
50c
krona;
-
Japan,
6-15
7-10
y
:.«■
>
<
6-22
4 30c
;
9-15
dividend.
15%; resident tax, 2%.
(yuan)
China, LHahkowt dollar (yuan).*China, Shanghai dollar (yuan).
China, Tientsin dollar (yuah)ii
Hong Kong, dollar-—
India (British)y tupee_*-_
v
1;? i 6-15
1
•6-15
20c
.
6-
dim-/, ■ '"i'Vys.
-
closed for this
China, Chefoo dollar
•
6%
j:
leu
Switzerland,
ASIA—
75c
Co.
7- 1
"
50c
,pengo
Yugoslavia,
7-15.
1
$114
-
6-20
6-16
peseta
Sweden,
■
8-15
tr 7,
/
9-15
1
1
7-
i
Spain,
8-15
50c
(s-a)——,,
Universal-Cyclops. Steel (irregular).—
Universal Pictures, 8% first preferred—.
7- 1
$1%
:
Portugal,' escudo
7-15
50c
Inc.
Products
1
Lithograph Co.
•
6-16
6-16
drachma
Rumania,
7-15.
10-
50c
4
1
Institution—
' *'
—
•
' •9-15.
50c
(quar.).,
convertible
preferred A: (quar.)
Co-operative Mercantile
Italy, lira,
Netherlands, guilder
Norway, krone
Poland, zloty
\
1
8-15
;■
1
$4
common...
Printing &
6%
Co.
"
1
8-
•
35c
%
Card
1
74
7-1
June 17
Hungary,
6-15
9-
500
7v
%
10c
pfd.
6-19
6-10
4.035000
Greece,
6-11
8-
10v
$1%
$1%'
t$73/4
25C
non-cum.
8-21
1
7- 1
'
•
prior preferred*;*
prior
I
9-
■r
37 %c
preferred A.
t7. S. Sugar Corp., $5 preferred
(quar.)_.___
U. S. Trust Co. (N. Y.) (quar.)_
«
1
9-.1
53c
(quar.)_;
8-31
7-
; :
$1%
Finland, markka
France, franc i_,...
Germany, reichsmark
'■
6-4
10-
5814c
________
Universal
6-16
8-
$114
common.
7-20
.
7-1
•$214
IOC
$l3/4
Mfg.,
5-28
6-20
1
8-»
7i5c
Free
6-15
6-30
50c
(s-a)
25c
common.
6-20
•
2"
7-
7-i:
,
Official
1
.7-15
..
$214
■
Denmark, krone
England, pound sterling-
'
;1;
6-15
6-24
53c
Quarterly
ItT.
a
6214c
■
25C
.
Czecho-Slovakia,
/.
6-15
7-
75c
150c
U. S- Loan Society (Rhila,) 8%
pfd. (s-a 1*
tr. S. Pipe & Foundry Co,
(quar.)„„_T—*,■
r
6-
6-30 i;
7- 1
5814 c
(quar.)
Lines
6-17
6-22 >:
7- 1
■{
-
.
5814C
(quar.)
U. S. Leather Co., 7%
U.
1
4
6-17
5814c
HOC
,
6-15
53c
(monthly)-*.-.
6-16
6-16
6-30
Belgium, Belga
Bulgaria, lev _!i 1.
6* 5
6-22
,53c
_1—
y. S. & Foreign Securities Corp.$6 1st preferred
(quar.),
7%
•
"'7-'I.7
50c
(monthly)-,
prior preferred (monthly)..
prior preferred (monthly)-..
6-27
6-27
50C
'
5-29
6.36%
U.
1 i
7-
50c
preferred
preferred
7-
•
EXCHANGE
EUROPE—
6-20."
4
;prior preferred (monthly).
i
7% prior preferred
(monthly)
United N. J. RR. & Canal Co.
(quar..).—4^
United Shoe Machinery, common
6%
25c
•: $114;;.:.:-'7-T;;
v,25c y ;i2.; 6-30 ;.
;
Country and Monetary Unit
5-29
!prior preferred (monthly).
prior
7%
7-
50c
y
50c
"
A
6-15
;
6-30
(monthly),.
6-15
6-20
6-30
"t5o
preferred;(monthly),
7%
6%
1
K 6-30
s-a).
i'v
7-21
10c
prior preferred (monthly),
6.36%'prior preferred (monthly).
7%
Coach
6-13
6-26
$1%
(quar.)
25C
Resident tax,
6-15
e;
6-30
v
..$1
(reduced).
Co.
prior
y
j JUNE
6-30
1
7-
30c
6.36%
:
1
7-
.$114'
(reduced
Illuminating
6.36%
FOREIGN
Equities; of Canada—•
shares
6%
f
8-
7-15
t$i%
.
(quar.)____*
6-11
6-30
v
?
6-12
25c
.
7-1
10c
25c
6-15
V* $114
11-10
y:$iv2
—
.com.
7-1 X
(quar,)**.
6-10
'6-11
-
6-19
-
'6-10
/"
_*I~——1
^-10
$iy2
•,
.(quar.).
6%
•
1
15c
f
United Light & Railways Co. (Del.)6% prior preferred (monthly),
s
6-19
95c
(quar.).
,
Coy (quar.)_ff.
GasTmprovement
preferred
7-
10c
Dyewood,- 7% preferred.
United Elastic Corporation.
United
7-21
.
8-15
75c
(quar.)_.
.
7-15
(irregular)
Coal
&
7-15
li: y
1;
Pursuant to the requirements of Section 522 of thd Tariff Act of
1930, the Federal Reserve Bank is now cer¬
tifying daily to the Secretary of the Treasury the buying'rate for cable transfers in
the different countries of the
world.We give below a record for the week
just passed:
6-15
1
50c
(quar.),
Co
(increased)
Common
c
6-13
11-14
3714c
United
United
8-
$5
common—.
Union Pacific RR Co;
:
7-1
$3 v;
;
Co
V 7,6% preferred (quar.)..
Union Metal1 Mfg. Co., common
$6 A preferred (quar.)
6-25
7-31
7-
UtOn account of accumulated
dividends;.y.y.;
tPayable In Canadian funds/ tax deductible
6-15
25c
$114;
6-25
$l'/2
Foreign Exchange ■
6-20
"
2
T- 2
15c
m3/4
juu- ;
common
Carbon Corp.
Investment,
7-
*
$3!4
Fisher
$i34 y
10-15
1
7-
~
Century-Fox Film Corp.—
preferred (quar,)„
Union Carbide &
7-1
25c
(s-a).
Elliott
6-10
;«■
6-30
;
2
7-
25c
'Transfer books not
/
California—
6-20
VaC
62V2c
•
convertible
Underwood
Union
pfd. iquar.)
(s-a)
of
6-15
6-27
11-
$1%
-
y'.;;;; !.. ■'
;.v 5c
Co.,
(quar.)
Quarterly 1
y;y): Quarterly
-6-20
10c
7-15
10-13
6-30
1
25c
(Dallas)'—
(s-a)_.—.____——
7 %.
Louis
Co.
Zion's
6-15
*':7puy
..:,7-: u,
$iv4 y
Co.*__**—_*._^
7-1; :, 6-20
$lVa
.:—
Troy & Bennington RR.
Tuckett
(quar.)
(s-a)_i—
(reduced)
7-15
1
11- 2
$i'/2
Manufacturings-^
y;v
t '7-1 v
.Sl'/a1
8-
6-20
6-20
Co.*_
(Rudolph)
preferred
i 514%
6-1.5;
;
1
Youngstown Sheet & Tube—
6-23
i.",
6-16
•
7-
;
m
*'
■
___—__Z—_r_"'
Trinity Universal Insurance Co.
Steel
7-1
7-
H -i
1
8-
6-15
6-20.
,
(quar.)
(quar.)
Yosfimite' Portland Cement^4%
Westmoreland Water, $6 preferred (quar.)ZI
6-10
•
7-1
mv*
(quar.)
Trico
Products
■■
(quar.)
preferred
Corp.,
(Conn.)
y
•;
25c
,
7-
fi:} 7% preferred
6-lt;
F.)—
$1%
M'- $114
■%',( Glass B
6-19-
P
6-30
7%
Yellow Truck
6-15
-
1 >
1
"
>• 50c
Corp. (quar.)—
(Ontario)
(quar.)^ji.
Tri-Continental
!■>
7-
1
7-
1
[■ ,'•''
41%C%:
58
1
6-30 i:
''J
$2
5#' pfd.(monthly) 14,.^:'S
Trusts
7-
5°
"
1
(monthly)^—
Toronto General
Co.
:•
Co.
YalC & Towrie
■
4
6-
7- 1
,
$114
LV
preferred -«(monthly.)
preferred
&
Westmoreland
•
7%
-
•
6-15
6-15
7-' 1
;
50c
1
7-
Co.,
Salt
Wurlitzer
6-20
7
1
5% preferred
(quar-.]^—__.
Western Union Telegraph
Westmoreland, Inc.' (quar.)_
■
,
..
Co.,
7-'2
.'•>'7-.1';
50c
;.;
6-18
_
preferred (quar.)~
Associated Oil.Co.--....
$4.50 pfd.< (quar;).
Tintic Standard Mining
Title & Mortgage Guarantee (New Orleans)-—
Edison
5c
■:
•
i
7-
50C
Wright-Hargreaves Mines <(quar.)___
Wrigley (Wm.) Jr. & Co.'.(monthly)
<•
Monthly
i,
1
t>T\c preferred (s-a;)
!1
Western Tablet & Stationery Corp.
'
6-20
6-22
Pipe
Common
6r20
1
6-30
6-26
6-18.
',15c
Iron
Worcester
"•
8
6-19
.
1
10c
,
6-;
6-26
,
Western
6-22
;
6-16
;
18 c
,
.
convertible
,1 6%
•A
Western "Grocers,; Ltd., "common (quar.)——
7%
preferred (quar.)i_12!~*IlZ—————"
Western Insurance Securitfes,
6%"preferred*'''
Western Massachusetts Cos.—
Tide Water
Toledo
Co.—__
(irregular)^-
—
6- 5*
6-29
50c
common.
4%
$5
7T
•
7-1
$iva
West Virginia Pulp & Paper
6-20
.7- 1.
-
.$4
6-30
75c T: •"
pfd, (quar.)
Western Eleotric Co.' (reduced)——
Western Grocer Co. (Iowa) 7% pfd.
(s-a)
1 6-15
1
"f 7- 1
6-20'
30c
1
..
*_***j*___*
Woodward & Lathrop, common
L 7%
preferred (quar.)___.
6-20
" y 6-16-
$3 '4
West Virginia Water Service, $6
Co.—
(annual).
Land.
Inc.,
7-
1
6-26
v
!
6-12
6-15
'
m; y'i 7- 2;.:
25c
Iiivestment
Woodward
25c
25c
6-12
-
6-30
r
; 6oc
preferred
6-15 '4
>.6-30
15c
r
Banking Co.y(quar,),
Textiles,
,<
•
(quar.)
6-12
2
,6-30-
■
7-
$1
Woodley Petroleum Co.
10-10
7-15
6-18
75c
.
Extra
7-10
10-20
1
■v.-
p Wiser Oil company
<■
6-13
7-
75c
(quar.)^^_~iy
.
7-20
7-
J25c
(quar.).
7-20
7-15
.y-
Grocery, class A (quar,)__**
(irregular)
Wisconsin
!
9
'75c
(s-a)
Trust
9-
1
■'
6-15
.
$114 '
(quar.)
Wisconsin Co., 1% preferred
(quar.)
Wisconsin Electric Power-*
l 6%
preferred (1897 series)
7-18
"9-19 ,='
7-20 fV
1
7-
;•
y$1
6-12
8- 1•y
'3
8-
6-15
1
1
$1%.
Extra:
; 6-20
...
!ft
,
,$3>/4.
Hartford
;.
7-
t50c
pfd.
6-12
1
7-
8-
$1%
*
Quarterly:'
6-20
6-20
$l3/4
West Penn Electric Co., class A (quar.)*!—_
West Penn, Power Co., common (reduced)1*'
; 414% preferred (quar4)I__—
West Texas Utilities Co., $6 pfd. (quar.)—
6-17
7-1
25c
Mfg. Corp.
Utilities
Mexico
preferred
preferred
We&t
6-15.
7- 2
$1
6-25
f
$l3/4'
Motor ; iquar.)
common
3<p
'^7T'i;y
c,
$114
(s-a)
Company—-_____
Refining.& >Cheniical
,
6-12,
$1
preference
Winsted Hosiery Col
1
6-16
1
7- 2
3714c
guaranteed
West Jersey ,& Seashore R7 R. Co.
West Michigan Steel Foundry Com
6-15,
1
7-
i
162'/ac
■
vtc.
—-—
2nd
6214
12-
1
50c
7% preferred (quar.)____________*_____^_
9-, r
6-30
"
6-15
7- 1
7- 1"
.
' t5c
mv*
■yvVg-
Oil & Snowdrift CO.,'Tnc.l_—
West Boylston Mfg.'Co. of Alabama—4 ;
"8i'c noh'-c'um. participating, preferred—_
5- 9
;
•
1
7-
62ViC
V
;
$4
6-30
.
Taggart Corp., $2.50 pfd. (quar.).
(James), Inc., common—
5% preferred ,(quar. )__—_.
Taylor (William); Corp., common
Tennessee Corp. I
3.
6-30
6-30
9-10,.
6-23
7-
._•■
$1%
(quar.)_.
Ltd.- "(guar.)
1
Class B
i
1
common.
Winn & Lovett
;
7-
$114
y
preferred
WilSil,
•
6-10-
12-10
"! $i3/4
Wesson
9-21
6%
6-10*
1
$1
(quar.)
convertible
of Rec.
7-
Sewing Machine Corp., $2 prior pref.
prior
6-10'
'
$4
Co.;
Holders
t20c
(Win.), 7% preferred (quar.)***.*^
Wichita Water Co., 7% preferred
(quar.)
Wieboldt Stores,
Inc., $5
6-22
6-26
(reduced)
Wellington Fund .'—•***
Wells Fargo Bank & Union Trust Co. (S.
12-21
25Q
Talcott
Texas-New
■'
Wayne Pump Co.'—'_1
6-2(j
'
1
25c
,
Class A (reduced quar.)—___.
5% preferred (quar.)—------.....
Company (quar.
Electric Service, $6
10-
4
1-2-43
$1V<
(reduc. quar.).
com.
1
1
Payable
Whitman
6-12;
6-30
.
1
6-
Works
(S. D.)
6%
r
6-12-
6-30
;
i
(quar.)—
Warren
6-10
7
7-
Paper
preferred
7%
White
12-21
$1%
{quar.)_*.!*—+L.1Z
Wayne Knitting Mills,
6-10
l
7-
r;
$ 1V4
%'■
-
Texas
6-30
$1
5oc;
Warren
6-12
-
Chemical
Waukesha
6-20
9-20"
1-1-43
-);• $1%
preferred
Ware River RR.,
6-12
Whitaker
1"
7-
$214 ,' ••' 7- 1
$114
7- 1 '
'
■';):
i
(quar.)—.
preferred (quar,)_,__.
6'/a% preferred (quar.)_—
Sylvanite Gold Mines (quar.).
Texas
"
6-12
I
6-30
■
10c
,
6V2%
&
5-25
6-23
6-12
7-
t15c
Del.)
(quar.).
Terre Haute Malleable
6-15
\
-
7-2
t50c
Sycamore-Hammond Realty—
•
6-30
'
(s-a).
Tawny-Palmyra Bridge,
6-15
,
:.v '
(quar,)'.
preferred
6-15
(Canada) / (quar.) j*1
Co.
Company
6Vz%
1
conv. pfd.
(quar.)_
Cement,, class. A——
.
&
7-
6-13
7-15
(quar.)
'
Virginiap Railway common (quar.)_.
6% preferred (quar.)
Vulcan Detinning Cd'., : common
v
7% preferred (quar.)__L_4
7%
preferred .(quar.)
'—
Wabash-Harris Corp. (irregular)'
Wabasso .Cotton Co.t Ltd.
(quar.)
Waialua Agricultural, Ltd,——
Waldorf System, Tn6. (quaV.)
Walwortli Co., 6%. preferred (s-a)
6-15
.
!
,
15c
V 7% .preferred
'"•
1
•
Victor-Monaghan. Co.— Cy
6
(George); Ltd. (quar.).
Wheeling & Lake Erie Ry. Co._***
Wheeling Steel Corp.—•
$5 conv. prior preferred
(quar.),
6-16
10- 1*
When
share
Company
Weston
Holland Dutch Bakers, Inc.—
5%
Viaii, Ltd.,
6-20
6-
6214 c
62 VaC
Ventures, Ltd. (reduced)_———_4_:„
6-22
;
7-
Extra
Swift
6-30
43%c
(s-a)_'_~
'(semi-annual).
Sussex
>:
6214'c
(quar.)
Common' '
Victor
6-20
:
1
6-30
'25c
preferred B
Sussex
7-
75c
7-15
Ordinary -shares
$1.50
f7- 1
175C
6-26
(quaf.)
Vapor Car Heating Co., 7%"pref,"(qUar.)
i 7%
preferred (quar.)__l___i_____'____
12-17
tl 5c
prior preferred
prior preferred
,
6-16
;
1
Name of
1*
6-
7- 1
$214
$6.50 preferred (quar.)
Van, Dorp Iron Works—
9-16
12-31
6-30
t $ 1V4
Supersilk Hosiery Mills, Ltd., 5% pfd. (s-a)
Supertest Petroleum, Ltd., common (s-a) —
>■
9-30
$1V4
(interim)
•"'
6-16
$1V4
$1V*
5Va%
preferred
..6-30
.
-,13c
Assurance
Portland
Superior Water,
,
(s-a)
Van^de Kamp's
5
8-
6-
.
Knitting Co.—''
5%
6-30
.
12V2c
Industries
Oil Corp.
6-3Q
8-15
50c
_______—
Ltd,
7-10
20c
Stores, Inc., 6% pfd. (quar.)
Corp. (s-a)-..
Sullivan Consolidated Mines,
Superior
6-15
Per
of Rec.
1^
BingKamton RR. Uo.
5Vp prior preferred (quar.)
..Valley Railroad Co. Cs-a).4.."_
Valve Bag Co., 6%' preferred
(quar.)
Yan, Camp Milk Co.t$4 preferred (quar.)___4__.4_.I—*44...
6-20
;
,t$lV4
Clihtoh &
5%
»
6-30
tlOc
Stix, Baer & Fuller, 7% 1st pfd. (quar.)
Strawbridge •& Clothier, $4 preferred—
$5 preferred _.!.
Sunray
1
7-15
noc
a—__
B.
Sum Life
1
7-
S1V4
Starrett
Sun-Glow
7*
t$i-
Standard
Stewart-Warner
,
t
—__——__—
Ltd.,
.
7-
Monday, June 22, 1942
Holdert
Payable
t$l34
preferred
Utica
When
Share'
Light, $7 preferred
Debentures
1
—.4.
preference__________*,—4
pfd. (accum.)
(quar.)
Sterchi Brothers
$6
6-30.
$.75c
,
(Ohio)—
Radio,
1
8-
Standard Fuel Co., Ltd., 6\z %
Oil
7a
_•
Name of Company
,
Utah Power &
6-16-
$ 1V4
Standard Fire Insurance (N. J.) (quar.
Standard Fruit & Steamship Corp.—
i
of Rec.
6-30
$ 114
Per
Utica
Standard-Coosa-Thatcher
Standard
Payable
50c
(quar.).
Holders
Sons—
&
$5 preferred,
share
common.
preferred
When
■
THE COMMERCIAL &r FINANCIAL CHRONICLE
Number 4083
'Voluriie 155v
Stock and Bond Sales
DAILY
New York Stock Exchange
«jy
WEEKLY
-
.2333
YEARLY
-
NOTICE—Cash and deferred delivery sales are disregarded in the day's range, unless they are the only transactions of the day. No account is taken of such sales in computing the range for the year.
United States Government Securities
Below
furnish
we
Stock Exchange during the
Figures after decimal point represent
current week.
June 13
Daily Record of U. S. Bond Prices
June 15
June 16
June 17
June 18
June 19
y/s
:;vv,v
Total sales
Total sales in $1,000 units
—
Low
[Close
v\"
■
..
Total sales in $1,000 units
:!
—
(High
2Vis, 1956-58
Low
\
—
Low
[Close
.[Close
Total sales in $1,000 units—
Total sales in $1,000 units
Low
[Close
Total sales in $1,000 units
High
102.21
\
3%s, 1943-47
2
Total sales in $1,000
VV'L
2
u
Close
Low
[ClOSe
Total sales in $1,000 units
104.8
,
;v
.
104.8
104.7
104.8
-
104.7
104.7
yyyiv>
Low
[Close
.
Total sales in $1,000 units
—
(High
2 Vis, 1952-55
Low
y[Close
Total sales in $1,000 units
■:
units,
High
3 Vis, 1944-46
Low
Vis, 1951-53
—{
1943-45—
Total sales in $1,000
2
;v?y
Vyy
(High
vf
■
1
1
•
3
101.11
8
High
[High
'
101.11
101.11
Wits.
'
/
101.11
101.10
Vis, 1967-72——
102.21
_—
101.11
Low
Close
102.21
[High
,
3 Vis,
June 19
June 18
(High
.
Close
;
June 17
'
in $1,000 units———
1946-56
June 16
Low
[Close
High
3 Vis,
June 15
( High
2%s, 1952-54——
Low
•
_
the New York
{
———
.
4s, 1944-54
June 13
Daily Record of U. S. Bond Prices
2Vis, 1950-52,
•
on
point.
a
Treasury
High
Low
v
:;.y vyy:.. -v •' iWyyyy'-vy': [Close
Total sales in $1,000 units,—_—
High
y4s, 1947-52
32d of
one or more
Treasury
4
the New York Stock Exchange
on
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonds
a
Vis, 1946-49-—!
Total sales
2 Vis,
f High
$1,000 units
"
.
•
,
(High
,
'
[High
110.29
Total sales in $1,000 units—
■- yv.y
1947—s-——■
110.29
[Close
■'
110.29
Low
2s,
■
V*
;
Low
[Close
Total sales in $1,000 units
(High
•
y
a
( Low
[Close
2s, March 1948-50—
( High
Low
———:
.
.
Total sales in $1,000 units
[Close
units—_
Total sales in $1,000
Low
—
Total sales in
in $1,000 units
3%s, 1949-52
v.:
:: .-A
3s, 1946-48—
1954-56
[Close
Low
[Close
(High
2s, Dec. 1948-50—Low
Close
[High
,j Low
3s, 1951-55
Total sales in $1,000 units
(High
Low
[Close
Total sales in $1,000
'A
units
110.15
110.15
•
yyyyyvy >
Total sales in $1,000
units
.
:
1
—
Low
(High
A Low
:,
1949-1951
•y;y:
105.13
[Close
'
105.13
—|
in $1,000
Sept.,
2s,
105.13
[Close
Total 6ales
yy(close
„.
.
Total sales in $1,000 units.—,
[High
-
2Vis, 1945-47—
1949-51
2s, June,
110.15
[Close
:
[High
A Low
...
2%S, 1955-60—
Total sales in $1,000 units
iv;
units
(High
(Low
[close
1951-55
2s,
-yy'[High
~\
2Vis, 1948-51—
v.
Total sales in $1,000
Low
units
y/yy/y yyyy-', -;y
-
2 Vis,
V
High
'
,
(High
(
(High
[Close
Total sales in
[High
—J Low
(close
2Vis, 1958-63——
Low
1944-49
3s,
—
:.y-'
1
1944-64
Low
(Close
units
103.24
units—
High
Low
[Close
Total sales in $1,000 units———
3 Vis,
:y ::vyyyyyy
sales in $1,000
Federal Farm Mortgage
Close
units—
2Vis, 1956-59—
103.24
103.24
[ Close
■
Total
Low
•
Total sales in $1,000
...—
(High
1 Low
1953-55
2s,
;
1951-54—
Total sales in $1,000
units
(Close
y
■
Total sales in $1,000
$1,000 units
—
Home Owners' Loan
3s, series A, 1944-52
Total sales in $1,000 units—
103.27
[High
( Low
(Close
.
,.y
103.27
103.27
="1
Total sales in $1,000 units.^..—
2 Vis,
1960-65—
High
Low
—■
(High
2
[Close
Vis, 1942-44—
•'
-
105.3
[.High
i
Total sales in $1,000
units
(Close
5
—
Total sales in $1,000 units—__—„
[High
—-I Low
v.-
2Vis,. 1948
•Odd lot sales.
(Close
,
Total sales in
$1,000 units—J—±
y.^ v[High
2 Vis, 1949-53
——■
Low
Wv.
in registered
Close
LOW AND
HIGH SALE PRICES
Tuesday
Monday
Wednesday
June 16
June 15
iCash sale.
v
Friday
«
1
STOCKS
NEW
Sales for
June 19
June 18
Transactions
bonds were:
..
-
RECORD
.
Thursday
,
.
*'
June 17
"
the sale of coupon bonds.
sales.
No
NEW YORK STOCK
June 13
tDeferred delivery sale.
Note—The above table includes only
Total sales in $1,000 units
Saturday
( Low
lVaS, 1945-47
105.3
Close
k
(High
'
105.3
J
'
(Close
sales in $1,000 units—
Total
1945^—-.i-—-Lovr
Low
■
,
,
Total sales in $1,000 units—
the Week
Range Since January 1
•
On
YORK STOCK
Basis
of
100-Share
Lowest
EXCHANGE
Range for Previous
Lots
yfyy..:
•
Year 1941
Lowest
Highest
•
Highest
'
'
$ per share
t per share
*43%
44 Vi
*43'/a
*
112
*30 "/a
•
<
109
37
*29%
42
42 J/4
*29%
42
42
42
*6
*19
19%
31
*62 vi
19%
12%
12%
*12%
30%
31 Vi
•19
*81
86
"
4
*3%
I
'
4%
134%
134%
*10
•
12%
5%
*66 J/4
72%:
*24
24 '/a
"
*%•
;
*41%
43
42 J/4
6 Vi
■17%
24%
"17%
■
V.
1
*49
50
*19
•■■■
%
*14-
16%
50
20
-
:
*18%
12%
57/a;
71'/a
24%
17%
: %
16%
19%
12%
12%
32
32
*63
66
*63
66
J/4
2
2Vi
2'/4
*70
86
4
3%
;•
!
y4
4
4
33/4
3Vi
10
173/4
17%
17V4
*60%
69
69
*4
4'A
5%
*66%
72%
24 Vi
24 >/4
17%
iff
17%
,
♦%
*14
33/4
3Vi
:"'v
4
*9%
10
173/4
*61
17%
69
138'/a
*10
10%
12%
-12%
5%
5%
71%
*66%
24Vi
24%
17%
1
16%
17%
*61
*137
1
3Vi
*9%
13
70
17%
17Vi
*%
ia
*14
34>/a
'
34
For footnotes see page
3Vi
900
3Vi
300
I^Va
100
134
136'/a
1,000
*10
lO'/a
5
12%
5%
24Vi
*17
17%
*B
*14
b
1
No par
25
31
May 14
43
Jan
Acme
Steel Co—
Air
-
Alaska
Juneau
48 Vi Jan
13
43% Dec
51%
Jan
24
7 '/a Jan
3
5% Apr
xl7% Dec
8'A
Dec
20'/a Feb
3
Mar 27
12% Jun
17
38 Vi Jan
6
34% Nov
45
July
61
68
2
73
75
Aug
10
100
Gold Min
18
5% Apr
18 Vi Jun
29»/a Apr 28
No par
Reduction Inc
Jan
8
6
Mar
9 J/b
Sep
1%
51
51%
19%
20 »/4
20
20»%
20%
20%
*20y4
51%'
"20%
1,700
20
36 Vi
351/4
36 J/8
35
35%
35 »/4
35%
'34%
343/4-
5,200
700
Jan
Dec
5
Dec
99 ya
Aug
Dec
%
Jan
Jan
2% Jan
13
10
% Jan
7
,
Jan
26
5% Jan
26
3%
Dec
Jan'27
11%
Dec
21'/a
17% Dec
25%
Jan
II1/4
Jan
...
6
17
85
Va
.
3%
,1—No par
16
May 25
22Vi Jan
2
72
Mar 14
73Vi Feb
5% Jan
13
4%
10%
Dec
Jan
9'/a Aug
Apr
27
9'
Alghny Lud Stl Corp
Allied
Chemical
&
3% Apr
-1
Allen Industries Inc
5%
52
Aug
94V4 Feb
3% Apr 18
9J/2 Apr 24
-
-
—.5
:
10
No par
Alpha Portland Cem
...—No par
Amalgam Leather Co Inc
—1
6% conv preferred—^
—50
Am
Agric Chem
1—No per
CDel)—
No par
Inc——;——10
American Airlines
135%
10%
24
ll»/2
Dec
Apr 28
6'/e Jan
27
22
167'% July
Feb
26
64% Jun
preferred—
Amerada Petro Corp
6
26
14 J/4 Jan
May 25
11% Apr
4
140
Dec
12 Va Jan
118% Apr 28
No par
Dye-
:1
Allis-Chalmers Mfg
200
15%
11
81% Jun
—
2,100
1,100
241/4
Dec
^ Jan
2
3'/aApr 17
1% Mar 24
—10
Albany & Susq RR Co__
—100
Allegheny Corp—
No par
5Vx% pf A with $30 war
—100
5'/a% pf A without war
100
$2.50 prior conv preferred-No par
4,166'
16%
Sep
41'/a Jun
Express——————No par
Adams-Mills Corp—
No par
Address-Mutigr Corp
10
Adams
Allied Stores Corp__l____—No par
50»/a
2343.
Sep
16
Allied Mills Co Inc——No par
50»/a
51
54'%
Jun
1,800
49»/a
50
Dec
13
109
Allied Kid Co
695/a
24%
34
49% Jan
Mar 24
Alleg & West Ry 6% gtd—.——100
1,900
43/a
'
34 Va
900
10
*66%
24Vi
4,200
69
*4%
12%
5 Vi
>
J/4
55%
12
May 14
104
Ala & Vicksburg Ry Co
2%
86
%
4
*33/4
500
3,700
65
*70
:
A
10i/2
*
16%
*i/4
12%
32
2 Va
!
137%
*66%
24 y4
2'/4
86
4Vi
12%
500
1,300
193/4
12%
*59
*4
*10
10'/2
....
6%
31%
%\
4Vi
137%
137
.
*70
*91%
10
2%
B6
J/4
&
•
70'/a
5'/a
*%
*19
■
$ per share
Feb
37
—100
preferred—
4%
Abraham & Straus—.
42'/a
6%
■
12J%
32
12%
17%
*19
6% "
19%.
12Vi
12%
*14
6%
$ per share
46
Abbott Laboratories———No par
100
36
*40 Vi
42
400
■;
*30
31%
*10
5%
36
Shares
45'A
109
$ per share
$ per share
Par
•
61/4
*19
19%
41%
*43'%
*108 Vi
13
*9»/a
*135'%
;*6
*30
$ per share
45'A
109
32»/a
4 vi
io y2
5 Vi
*68
*14
135
12 Vi
5%
36
17%
4 »/4
135
10J/2
*12'%
*36
*65
69
*4
4 J/4
•
17%
17%
*60»/a
69
*3%
*10
36
3%
4 J/4
10
*9Va
17 %
17%
*60 '%
*441%
*1081/4
*3%
4
4
*3%
:
10
*9%
*%
$ per share
45
109
2 Vi
%
44'/a
109
*70
86
y
J/4
*3%
*62
2%
2'/a
2%
2%
32
66
*62
66
*81
44'A
109
*19
13
31 Vi
*12'/a
*17
6
6 J/4
*6%
8Vi
$ per share
44J/4
44 Vi
11108
36
*108
$ per share
5
Apr 29
81
Jan
Jan
Dec
13
:
14Vi
Aug
Apr
Dec
9
71% May
87
Oct
24%
37
Jan
5
13
30Va Jans' 3
Dec
Sep
% Jun
15
l'/a Jan
26
Dec
21% Aug
1% Aug
l4Vi Apr
17
18% Jan
27
10
Apr
20
56
28
41%
Feb
63% July
14V4 Apr
y:
17
43
Mar 27
19
Mar 12
25% Apr
17
18Vi Feb
Jan
3
<
14% Mar
%
Sep
23% Feb
6
14% Feb
22%
Deo
48% Jan
3
40
Feb
58%
Jan
June 13
$
*4
58%
*85
18
69%
69%
69
69%
175
*161 VA
*23
24
*23%
24%
23%
*58
60
*56%
*16%
15 Va
16%
..V
97%
18
*14%
18
4%
♦15'/4
*15 V.
97%
:
*95
97%
*»:-
9%
*
34
1
*%
1
*%
5
*3%
5
*3»/4
5
•
18-
17%
17
17
17
17
:
1
5
*3-
*%
Vi
*25%
26%
25%
2Va
*1%
2 Va
*1%
2%
*22
22 Va
*22 V4
22%
*26
27
26%
26%
*2%
2%
*1%
2V4
2VA
35%
*34
44%
45 Va
1%
*34
22 Va
22 V.
26%
261/4
2%
2%
*2'/4
-
35%
•34%
45V4
*45%
1%
*1%
30%
31
*30
30%
•>
-
*30
40
•
•
6%
*65%
66%
10%
10%
4%
4%
4%
17%
17%
117
22 Va
Va
18
*15'/a
15%
15 Va
4%
4%
5%
9
*8 Va
27
*8'/a
*22 Va
27 Va
33%
*33
*
10 Va
IOV4
66%
*86
87%/
-19%
*18%
193/4
86 Va
86
*18%
19%
*18%
19%
-*18%
114'/a
115%
114%
44 Va
43%
43%
45 Va
44%
44%
45%
44%
131 Va
*128%
4 Va
4 Va
116
*33/4
4 3/a
16
*14
*7
*25
*14
-
-
/
30
*23/4
2%
52%
*40
1%
*1%
,
23/4 ;
*1%
*14
16
2%
.
2%
-
2%
2%
-
-
•
•
54
*53V.
541/4
-54
*40
55
*40
*1%
26%
26%
26'/a
-261/4
26%
*6%
6%
*6%
6%
6%
6 Vi
3%
*3 Va
3%
*3%
3%
3%
3%
*4%
*43/4
5
*82
95
*82
95
*82
*82
95
-
*
65 VA
*65 V.
72
*52%
60
*52 %
*25
28
*25
*96 Vi
98
.
60
*65V4
*66
•>:' 28
*65V4
60
*53
*25
60
67
*53%
67
*52%
67
434
28
4
2,500
100
Arnold
500
Artloom
"
66
*53%
60%
*25
28
•7%
-I; \
28
v
28
*25
*96%
98
*96%
*96%
97%
32 V.
33%
32%
33
23
33%
33'/.
333/4
*62%
633/4
62
62%
63
63%
63%
63%
*63 3/4
64 Va
20 V.
20%
20%
20%
20%
20%
20%
21V.
20 3/4
21V.
20s/8
19
17%
17%
18
181/4
17%
17%
*17%
40%
40
40
403%
X38%
38 V.
38
163/4
*♦16%
-16%
101 %
101%
98
*25
*9G%
96%
32%
32%
63%
1,500
20%
No par
93/4 Jan
26
% Jan
14
Jan
21
19% Apr
Jan
Jan
xl7
Nov
2,300
v
Atch
100
—-I
100
100
—No par
6
16 Va
6 3/a
*
47 %
♦100%
48%
*463/8 ?
48%
117
,.
:
*112%
Coast
t.
33/4 Jan
*1%
2%
48 Va
16%
634
*473/4
16
16%
1011/4
*101
101
49
48
47
<47
*ii3
*100%
6%
6%
48 Va
V
116
102
38%
10
Va
143/4
Feb
10
1 Va
Dec
13
11%
May 29
;
Feb
:7
Jan
21
.40
Jan
2%
15
\
■
10% Jan
16
7%
6%
6%
6%
•
48
48
48
46%
47
116
113%
>
.
8%' ;
2
*1%
-2
20
20
2%
2%
*8
*1%
*18
23/4
*8
8%
1%
*1%
21
2%
,8%
2%
1%
-
*18
2% /
;
1
%
20
21
2%
8
8%
*8
2Va
2%
1%'
*1%
134
20
8
20
*19%
-
2%
2%
50
••;.:
119
17 Va
Jan
Jun
133/4
Jan
6%
;
263/a Jan
23
Dec
Mar
121
Apr
5
26%
i'Lii 3/fl
Dec
203/4
Dec
"17%
Dec
33/4
..
Aug
3%
Jan
23 Va
3
|'j{ Jan
26% Jan " 9
Jan
.
463% -Jan
('U 39
9
4% Jan
6
Dec
7»/4
Jan
Jan
3
155
Feb
165%
Aug
9
Dec
15%
Jan
50
Dec
733/4
Jan
V/ 43%
Dec
7-
Jan
10%
Oct
165
,
12
Jan
13
59
Feb
24
•
6'/a Jun
•
18
8
6
35% Jan
14
29
Dec
43
Jan
14
33 5/a
Dec
147
" Feb
'
*
Dec
9
,
Jun
139
Jan
Jan
28%
Jan
Dec
8%
Dec
Dec
13%
Feb
22%
Jan
98
4
9
'. 11% July
Jan
'
21% Jan
26
29
24
20
1343/4 Jan
6
"115%
Dec
.493/4 Jan
27
43%
Dec
503/4-Jan
27
43%
Dec
143% Jan
14
Jan
19
3%
Apr 17
27 Va Jun
8
23%
6
116% Jan
2
3% Jan
3
2%
Dec
70% Feb
3
64%
Dec
5% Jan
6
3%
Dec
Jan
14
51
5% Jan
14
o/v; 23/4
Jan
13
46% May
28% Jan
14
5
Apr 20
21
Jan 2
0% Mar 20
2% Apr 28
.53
May 26
4 V. Apr 28
61% Mar 24
/ 55% May 20
20
Jan 9
19% Jun
,76%
50
V
113/4 May
.
Jan
,
,
Jan
29 %
Aug
116%
Aug
7
.
Sep
'
-7%
/
Jan
99 Va
Jan
8s/a
Aug
»
8IV.
-
Feb
Dec..
Sep
Jan
8
..
563/4 July
30
July
22%
Feb
5
24
Dec
3
11%
Apr
112% Mar 19
110%
Jun
115%
Oct
7
Dec
12%
Jan
;■ Jan
10
16
J an
35
Feb
33%
112%
Sep
Dec
5%
Jan
47%
Jan
60
Jan
20%
Dec
6%
Dec
3
Dec
14
67% Feb
4
,66
Jan
21
27
Jun
1
7% Jan
26
Feb
2
87%
70%
Sep
72
Sep
Sep
34%
Jan
93/4
.
Sep
.
.
6%. Jan
/
91%
Dec
Oct
10 3/a
Dec
5%
May 27
5
63/4 Jan
.80
;■«
/ 2% .Jan
.;.
2%
26
4V8 Jan
4
Sep
108% Mar
15
llls/a Mar 12
: •;
35% July
17%
.
Dec
3/4
13/4 May 26
•
Sep
"
77% Jan
8
78
Jan
17
76
88
Dec
Dec
83
.26
v
20
97 % May
12
/•
70
Jan
34
20
13%
Feb
Jan
13%
5
70% May
•.
28% July
45%
Oct
56
Nov
:• 28%
Deo
Feb
45% Jan
3
16%
Jan
28
19%
Jun
109 V. Feb
20
107
/
111%
May
Jan
5
6%
16
47%
Feb
7
70
Jan
5
61
116
Jan
17
Ill
9'/a Jan•26
6
■
..
51%
Feb
9
Jan
9
4'/a Jan
6
2%
10%
'- 3%
Oct
25%
Dec
13
Oct
9% July
Apr
22
Jan
121
•
1% May
25/a Jan
Nov
72%
;
May.
Apr
'
Sep
7% July
Feb
50% Feb
Mar
31% July
Dec --
i 23 % Jan
Jan
96%
,
Jan
53%
" Mar
26
Aug
18
2
Mar 17
39
35 Va
Dec
82 ?;
May 26
Sep
102% Aug
«
'
2
May 23
May 25
Apr 30
Apr 17
Apr 28
Jun 2
159
Jan
Jan
-
17
May 20
Mar 16
Apr 30
Apr 28
Apr 11
Apr 25
74%
Dec.
~
Jan
.73% .Jan
,
Dec
112
Sep
Aug
1683/4
Dec
X143
Sep
19%
.
Jan
30 ;
2
3
Line RR———100
•
6
-
Sep
.
54
150%
6%
" Feb
10% Jun
12
.155
Dec,
1534
6
20% Feb
45% July
Dec
29%
16
Mar 14
,
40% July
.
.
Mar,,
:i38
2
.
34% Jan
144
13
W I SS Lines
Jan
Jan
22
81
79
Sep
Apr
111
2
Feb
,
Jan
,
95%
2% Feb
15%
•
13
—
;
Jan
Jan
"
4
Oct
13 Va
-
Dec
8%
4
233/4 Mar
14
•
114
Sep
4%
Dec
97 Va Jan
—
48
-48
*47
*113
"48116
&
G
Aug
2%
30%
Dec
30
5% Jan
51%
-
Dec
77%
■/••
6
89 % Jan
Jan
Aug
*
Dec
38
Jan
4%
Dec
6%
6
38%
.33%
Dec
20 Z's Feb
4
Sep
-
Dec
1
May,28
Sep
Jan
24^%
..
Dec
May
,
42%
3
2
31
11% Mar
Jan
3%
.
•
2
>; 27
46 % Jan
l'/a
28 3^
.
Feb
8
10
May 25
36
Aug
•
Apr.
29
Jan
3% Jan
32
Jan
6Va
,
Dec
13
21 % Jan
-
'
48 Va
■48
►113
16%
/
lOlV.
6%
6%
,
116
*8
22
*20
16
/
6%
*39 VA
1%
"
26
^-1
17
-5%- preferred—_•—-—
100
. 33
1,100
Atlantic: Refining—-25 -•— 14%
--2,400
4% conv pref series A
—.100
100
1,000
Atlas' Corp—
5/,
63/8
3,400
50
/ 463/4
1,500 ."$'.• '6%. preferred
400.
Atlas PowderNo par
.
43
:
30
5% conv preferred
-—
100
111
100
Atlas Tack Corp
No par •
7
Austin Nichols———i—No par
1%
100
30
$5 prior A-s
-—No par ." "15%
Aviation Corp of Del (The).
3 1
2%
4,600
Atl
Sep
9% Aug
Feb
4%
Jan
24% Jan
27% Jan
60 Va Jan
1.
Jan
Aug
.
-•% Dec '
Jan
%
28
81% Jan
preferred.L—
Atlantic
400
18%
"
8%
*8
101
6 3/a
6%
48
*46
*112Va
16 VA
16
16 VA
101
101
,
40%
393/4
v
Jan"
2% Jan
,:■
100
;
Topeka & Santa Fe
5%
-
393/4
83/4
19%
-95%
Dec
v
27
2
*'
*17%
19
.v
9% Feb
78
.
Jan
121
'
*17%
23%
Dec
20
■
.
—100
100
preferred
5%
5,500
63%
..
—5
Corp
Corp
Assoc Investment Co
■
"60
1
96%
97%
34%
Z 33
•
No par
Associated
400
6%
*65 V.
60
——100
—
preferred..
Dry Goods
1st preferred.
2d preferred-—
7%
67
25
Co_—
Constable
•7
4%
Smelt.
preferred
preferred
Cork
7%
*
95
4",
23
v
41% Apr 28*
3% Apr 18
55
Jun
3"
3% Apr 29
40
Mar 30
22% May 20
No par
.—.100
—1
——
-
par
No par
Woolen—-—
Armstrong
3%
*82
4%
800
••
6 Va
3%
95
*82
43/4
}
*6
3%
5,100
f
■263/4
26%
26%
6%
3%
100
533/4
*40
*6
200
!
55
53
55
26%
95
4%
5
*43/4
5
54
*40
1
2%
2%
2%
5
27
79% July
•
115
4%
53£ J an
223/4 Jan
1
Jan
343/4 July
Dec/
9% Mar
98% Jan
Jan
Apr
90 Va
-6
Jan
,•
17% Mar 26
24% Jun , 4
Anchor Hock Glass Corp
12.50
12% Mar 11
$5 dlv preferred
No par
107
May 26
Andes Copper Mining——20
7% May 20
A P W Paper Co Inc
5
1
Mar 11
Archer Daniels Midl'd
No par»
27% Apr 27
Armour & Co (Del) pf 7% gtd.,100
xl07% Jun 12
Armour & Co of Illinois
5 //
2% May 14
$6 conv prior preferred
No par
51
May 26
•
200
1%
29%
109
*108%
_No
—
$5 prior conv
S
29%
"
54
v
6 3/8
26
95
95%
'
Feb
16%
107
2
Aug
185
Apr
-
56
3
Oct
3
Mar
23
Jun
130 3/4
Apr
1
3
108 % May
Anaconda Copper Mining
50
Anaconda W & Cable—_—No par
130
}
*1%
1%
30
109
2 Va
55
*3V»
26
13
Mar
110
May 25
May 14
May 14
Apr 29
Jun 11
J,un 3
Jan 2
22
14,
Elec
Preferred
17,900
\
Wks &
1st preferred
Water
Amer Zinc Lead &
16
1
*2ai/2
"r *6'/a
26
*14
preferred
American
600
*
*109
*108%
54
55
100
40
25
% '
2%
1
400
|
25 Va
25
'
V
10
Am
600
*
33/4
*38%
15%
\
55%
*24%
27
*14
109 Va
54
55
■
25%
25%
9
*40
53
55%
*3%
:.■
42
*38 5/,
30
*108%
73% Jan
i-20% J an
120
Apr 6
33/4 Apr 27
—100
Type Foundries'Inc
A*"""ica n Viscose Corp__
$6
4%
*4
4 '/8
-•27
1%
*29
-29Va
,
"
39
1% Apr 15
25
-25
class p.-—,
preferred—1
6%
5%
2%
*103
-*1%
1%
.
Dec
5
9
30
15
29
Jan
Mar
Mar
>
Jan
101V. Apr
33 % Apr
34% Apr
-No par
Amer
44%
3%
44
1,/;}
iuj
1,600
1,000
2%
*42%
55%
26%
6,300
J 10,000
2%
33/4
-v
157%
2
6
7'%
15
78%
17 %
Refining——100
-100
Tobacco
Common
,
46%
55%
25
American
29
136V2
16%
9%
No par<
Telep & Teleg Co———„100
1,400
■i
—
Sumatra Tobacco—
Am
7,800
i
43%
■
*42%
4
-26
109
:
*115% 117
3%
*71/4
f.
V 133-Va)*.
4%
35 %
132V2
-
—^—No par
No par
Co,_.
Preferred
Amer
•
<
Apr
24
1—100
preferred—
American Sugar
200
,
45%
44%
27
56 %4
1*9
29%
109
109
*108%
-
-
.
30
*29
■
.
109%
44%
*129
117
*109
*7%
9
115%
"16%
V 26 3/,
4
*38%
16
10
Jan
■
33
12 % Apr 15
33/4 Apr. 25
145
Apr 28
9V2 May 25
52% Apr "28
4% Mar 11
;/ 63/. Feb 13
—No par
Amer Steel Foundries
6U0
•
^.No
American Stores
;•
200
i
?%
•24
*14
r-
.
44
Feb
166
113% Feb 20
_100
Snuff—.25
stove
?-
16
7
par
Ship Buncung Co—No par
Smelting & Refg
—-No par
6%
110
i
86
43%
4%
3%
•:
*108%
■'
*7
1%
1%
*103%
.
i
*1151/4
-
25%
25%
16
*108%
,
9
*29
25%
27
■
r
2l5/8 May 21
American
200
Jun
9% Apr
4
May
——100
CO—•_
News
pno
1143/4
r:
133%
4%
-24%
24
24%
23%
25%
*128%
47V4
4
Dee
25
Mar" 6
23% Apr 14
6
Mar 27
65
•is / Preferred
1,400
11
19%
453/4
45»/»
.
4%
■
*55%
3%
-
*38%
43
*38%
43
23% /:
25 VA
',:•■
56V4
* 3 'A
.
453/4
13
1%
*42
4
•-
*55
3%
-I
2%
-
•
j
*19 Va
43%
*114% H6V2
471/4
*3%
56
*3%
3 3/4
23%
*108%
4
56
57
*214
*44
.
■
19%
i
I
ri
.16%
bb
116%
26%
26",
47 V.
4
-38
116%
2'/4
2V4
*44
*
*114%
-4191/8
4334
41/4
-
MP",
;*16%
bb-,4
114%
44%
*12«'
v
41/4
26%
48%
*3%
12°
128
4%
116%
*42%
*54%
■
4 Va
26 %
-
2% ./
*2%
•
*114%
26%
26%
-
129%
*4
•
8b*/4
44%
*43%
17
.10%:.
.
No
Ltd——
American Seating Co
..
600
j
10:%
136
*16%
16%:
*161/4
116%
115
116
116 VA
55%
% Mar 14
./'15VaApr 23
Amer
j 2,800
34%
10%
103/,
10%,
86%
44 Va
-•*10%
300
37
136 Va
103/4-
1,400
139%
*33%
17%
17V4
10%
*10%
18
.
par
./ Amer
*135%
i
*136%
16%
-
139%
34%
17
-16%
■10%
-
700
27
37
37%
37%
*135%
34%
-10%
88
*128 Va
37%
140
2,400
8%
*24
27%
7
„
6.%
8Va
8 '/8
1
9%
6%
.ZJ
6 %
6%
*24
*136%
16%
-
27%
*16V»
*85
*114
*25%
•37V4
Xl22%
18
33 Va Jan 21'
6% Jun
No par
$5 preferred—
—No par
Am Rad &.Stand San'y—
No par
Preferred—
100
American Rolling Mill——25
4%% conv preferred—
——100
American Safetv Razor
1-18.50
1,000
55
55
56
8 '/a
16%
16%
*43
•
-
8%
*32%
10
May 27
Mar 16
Jan
5
/- 35% Mar
-preferred
$6
.
12,800
145
9%
9%
9%
55%
j
14%
4%
*141
145
93/4
•10-'T
11
*16
115 V'4
*141
6
14%
43/4
56 Vi
:
4%
15%
.'/• 4%
145
%
*10%
16%
45
*14%
"% 16%
11
*43 Va
15
4% •: 43/4
17%
18%
18%
18%
*136
Dec
70% Jun
Amer Power & Light——-No par
/
700
18
»,/
..No par
preferred—-/--—
American
20
1,300
iff
iff
.
1
Fdy Co
Metals Co
6%
,
22%
9
ill
ox
100
Mach &
Amer
ii""
Iff
Corp
Invest-Co
;_100
-No par
Amer -Mach & Metals'——No par
:
120
119
*21%
22%
%
-*8%
137-
*16
*
*21%
Va
5%
34
-*10%
10%
*10V4
10%
22%
•
26%
x36% Apr 13
l'/s Jan
5
par
Preferred
Amer
1,200
*117
117
%
14%
9
17%
173/4
preferred—
/
// 5%" conv preferred.!———50
American Locomotive
—No par
900
18 V4
117
117
*142
15
2VaMay26
.
1
No
Internat
Amer
2,600
4%
Products—A
Ice—
6%non-cum
900
10%
——1
Leather
&
American Home
2,000
*4-7a
Hide
American
American
,10%
5
17%
17%
93/4
16%
16%
16%
16%
16%
10%
'=>
Jap
Jan
1% Jun
fa Jan
2
18% Jan
2
1 % Jan
2
16% Jan " 2
25% May 27
par
No par
No par
6 %' conv preferred-———__50
,
700
68
68
68V4
4%
1U0
i
'6V2
6%
10 %
American
40
*38
67%
.
6'
"*5"
5%
*0
4%
18%
139%
137
*136%
*136%
3%
10%
•55%
31
3%
3 %
7
-
37V4
36%
33%
3%
*
40
*116
27%
*136
140
*136
140
%
36%
36%
36%
*36%
*136
-*23
30%
6Va
9%
•
303/4
*38 ■'•
5%
*8%
-
303/4
-No
Power
I; $6 preferred—V—__—No par
American Hawaiian SS Co__10
:1,600
i
800
1%
30%
40
56 V4
•
1%
*21%
4%
*5%
8%
;
145
55
5%
5%
*22
600
1%
For'n
preferred—;
$7
$7 2d preferred A—
35
1%
.
1,200
»
45% -45%
46
46
j
25%
*33%
3d
66 3/4
14%
-
9%
■
-55%
55
55
5%
i
*34/1
/.
&
Amer
200
4%
18%
4%
*141
9%
9 Va
9%
*54%
600
i
r
5%
17%
%
14%
-
145
*141
145
9%
i
2%
66%
-
-
*17%
4%
*141
26'/a
*2%
•10%
22%
'
*%
15%
4%
•
18 Va
18 Va
117
22%
Va
iff
19
*
*25%
2%
6%
•
17%
*116
117
f.
*21%
22 V4
9
16
■
17%
18
*21%
261/4
*2 Va
6%
6%
10%
4%
119
*115
6 Va
66%
10%
4%
*17'4,
26 V.
3'/4
*35
40
*38
-
Dec
81/4
Crystal Sugar
900
31
*5%
6.
'5%
•
6%
66 VA
10%
*4 Va
22%
■i
'
40
*38
66%
10%
*2134
213/4
1%
-3V.
3 V4
-
61
.
47Va
Dec
Colortype Co_.
American
2%
21%
47
*30
31%
*3
•
6
6%
*6%
*65
3 V.
*5 Va
*5 Va
*1%
'
*3
6
*38
2%
'
•
3 Va
3VB
*13/4
26 Va
•
1%
1%
,,
Allegh Co N
/ American
.i
200
%
*25
34%
45 V4
45
*1%
%
%
25%
2 V2
*34
35%
/ 105/
par
Dec
3%
.
3/,
22%
22%
*26 Va
■
19
25 Va
2%
*1%
"6
J
18%
181/4
-:/118V4
%
26
26
"
45
*1%
-
-
*%
«4
100
—
Chicle
Aug
41 a/4
*
18 V*
17%
•
25%
1
-
ts
•-.
&
93/4
6
14
130 3/4 Feb
15
"____10 ;/37/aMay25
—10
15 V. Apr 30
/
b'/«
1st pieieiTed_____z„_"—100
92 V, May 4
/ Ampr Distilling
Co_,^-%
—1.20
117% Mar U"
| 2,600 ,'T American Encaustic Tiling—
1
5/a Jan 27
i ::: /. Amer European Sees
No par
3% May 27
American Export Lines Inc
1
: * 16% Jun
9
2.900
9<%
v
——LU-100
—
Am Coal Co of
/
100
200
9 3/8
1
*4
*%
JS
26 Va
*%
26
*9o
;-v. 9%
»%
%
*3%
1
*3%
b'i 34
93i,
93%
91/4
91/4
__25
Can__„
Car
American
.'■;'
i
"16
*15%
1
Corp_„
Radio
$ per share
Feb
33
-
200
V/t.
4%
*4%
16
100
/5%-conv preferred-^.
18
*14%
4%
4%
16 V'4
-4%
•/•
300
f
86%-
*85
-18
*14'/a
*41/4
16
*95
9
9
//:./■«' 300
No par
'•
!
5% Jan
47
Fdy—No par
Preferred •:
_—Z—100.//; :55% May 21
Am Chain & Cable Inc.
-No par
/■ -16
May 26
112
*106
'
87
87
87
16
*95
9%
T
'
*65%
*4Vt
-
112
*106
112
'
87-
*14%
'
4%
♦106
106 %
*85
18
*4 VA
*
'
16%
& Fdy
&
Preferred
•;
American
1,200
23%
58%
Cable
1
preferred
conv.
American.
.
200
-
16%
16%
**
! V'
"
5%%
.
Amer
2,900
2,000
175
16%
17 Va
*106
:
23%
58%
17
•
:
.
*56%'
2434
60
16 V.
127%
♦161%
175
*58
*14%
-
97
9
70%
68%
86
16 Va
*96
1%
*1591/4
17
86
4%
16 %
1%
68%
68%
112
86%
*
14 %
1%
23 Va
*106
112
*4%
1%
60
*16V»
17
16 %
,1%
1%
60
23%
58%
*106
26
*124
23 Va
23%
*
253/4
127%
Xl62%< 162%
175
*163
175
x25%
*123%
1%
1%
68 %
*68 VA
68 Va
68 %
*163
26%
127%
2
Apr 14
Mar 11
Apr 28
Apr 20
l'/a Apr 13
56% Apr 29
159 /Mar 12
20
May 20
Jan
'
*
Apr
5%
8
Jan
7%
►
,
Highest
$ per share
$ per share
share
per
5%
/ 383/4
3%
/ 23
120
10
li_z_____50
Corp_.
Brake Shoe
Am
700
26
*26
127%
Bosch
American
■
Note_
preferred--..;
6%
300
4%
Bank
American
60
*125
26
26
4%
41/4
$
Lowest
-
Highest
Lou-est
Par
1,200
7%
44
"
Year 1941
On
STOCK
EXCHANGE
..•:•
Range for Previous
Range Since January 1' .
Basis of lOO-Share Lots
STOCKS
YORK
NEW
for
Shares
per share
7%
*4 Va
4%
Sales
the Week
*42
44
*42 V.
44
*4 Va
4%
4 Va
*125
1%
1%
1%
*1%
*
S
7 V,
7%
7%
*421/4
127%
*125
128
*125
7%
42%
26
26
26
*7 V.
*
share
$ per
$ per share
share
per
42%
4 V4
4%
4%
%
26
$
Va
42
42 Va
44
*42 %
June 18
7%
7%
7V»
7%
i
Thursday
June Hi
share
$ per
share
per
*•'
Friday
June 19
Wednesday
June 17
Tuesday
June 15
•>•■"••-
HIGH SALE PRICES
LOW AND
Monday
Saturday
Monday, June 22, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
2334
Oct
5y4
Jan
: May
/
B
10 Va
4%
*4%
*
10%
10%
24 V2
*9 Va
-4V<
24V4
30
13 V.
13 VA
20%
20
25
23 Va
'
41/4
9%
*23 Va
83
*6%
*
12%
13 1/4
20
23
233/s
*1
lm
*102
85
<•.
b
I
*6%
11
11 V4
11
11
29%
29%
29%
29%
,3/,
12%
12%
12%
12%
12%
►49%
50 Va
*49%
50 V.*
-20%
21 Va
*21
21 Va
.
51%
51%
109%
♦106%
107%
For footnotes see page
2343.
3,500
2%
1,900
Baltimore
4%
4%
1,000
preferred..—
—
—50
& Aroostook
-——
100
5% preferred—.-—
Barber Asphalt Corp—-— „—_10
.No par
Barker Brothers
11;.
5%% preferred———— —50
4%
4%
*4'%
4%
25 Va
9%
*5
9%
9%
5%
30
9 V.
13
13
20
*22%
23
'101%
26%
*223/4
26%
b*
*84
84%
*23%
*6% /• 71/4
%
7
*13%
11%
2
7
110
:!
>
24
12%
20
*101%
*223/4
84
*63/4
130.
2,700
5%":
30
2,100
13
*
20
/
24
110
600
1,000
700,
;
84
7%
Aircraft
11%
900
30-,
30 Va
30%
30%
30 3/a
3,700
12%
12%
12%
12%
1,200
BeneficiaMndus Loan
50%
*49%
50%
*49%
50%-
300
203/4
21%
21%
*21
21%
500
51
52%-
53%
52
%
106 3%
107
107
*106%
523/4
108
8,000
400
i
Pr
Best
&
Co
7%
preferred
20
15
Jan
>2
6 s/8
Mar 25
—
(Del)
—
'
1
Jun
3
)8%.Tqn
—
No
par
4% Apr
121
15% Apr 30
—25
.No
20
par
101
20
No
par
19
34
5%
Dec
Dec
35
"
,
21%
Jun''-
27%
7%
:
24% Mar
Dec
17%
6
Sep
10% July
Feb f
13%
Dec'
20
fi
Dec
16
102%
Dec
Feb
24
28%
31% Mar
27 3/a
Feb
Apr 24
May 20
28% May 21
par
9% May
6
Sep
July
123/4; Sep
97/e July
11
8
;Jan
5% July
8% July
123/4
Dec
24 Va Feb
93% May 20
30
108
^;
106
Jan
10
29
6%
Dec
8
10%
Jan
17
41%
May
,
Oct
Apr
126
Junj
73/a Jan
15
July
*
32
1103/4 Jan
,
8% July
Oct
16% Mar 30
39% Jan
|3
323/a
Apr
Jan
13
10%
Dec
20%
50
Aug
57
14
No
par
46 V2 Mar
18
52
Jan
23
No
par
173/s Apr
27
24% Jan
19
No
par
aoi/0 May 25
106%
/
Apr;
104 Va Feb
——III
100
.
7
15
63/s May 14
13
Dec
Mar 20
Apr
23% Jun
64
6
25
24% May 13
3%
,
18% Dec
.-'9% Jan'13
20
No
pfd $2.50 div series '38
Bethlehem Steel
26
Apr
•-..
27
Bendix «Aviation.
12%
61
6% Jan
31% Jan
4
22
-5
Corp—
*11%
20%
33/4
27
Jan
50
11 %
*49Va
27
4 3/a May
Jan
RR
11 3%
50 V4
106%
Bell
,7% Jan
/
2% Dec'
Jan'27
preferred w w__——.
Belgian Nat Rys part pref—
*13%
28
11 Va
Works Corp—
Belding-Hemingway—.——
2
4Va Jan
30
Inc.—-i—
Creamery———-'
Creek
143/4 Jan
3
2
Beech-Nut Packing Co—1—
•21V.
106%
$5
17
2 s/a Jun
8% Jan
Bayuk Cigars
Beatrice
10% Apr
—.5
—
200'
50 V.
106%
Iron
Bath
Co—!
300
21%
61V,
Oil
Barnsdall
Beech
12%
%
Conv
11V.
t
100
Bangor
•
26%
/
4%
—
•
v
9%
9
*22%
,■
93/4
9%*5
*26
500
4%
4%*
24
12%
51%
*106%
103/4
2%
20
*,13%
11
10%
2%
105 V,
f
7V4
*13 Va
51%
93'8
20
*81
*11
8 34
<'
10%
*26
13
26%
13 Va
5%
30
25
*23%
13 Va
9%
*5
20
26
IVA
25
9%
:
Baldwin Loco Works v t c__ i—13
—-ilOO
& Ohio
—
10%
*24%
4%
-
13
♦23V4
*23%
*6%
4%
r
25
8%
26 Va
*
' 4%
*26
110
7
■•■
5%
30
*101%
108
■
/*4%
'
24%
83
*101%
:
3
;
20
20
23 Va
4%
/
8%
13 V.
3
2%
103/4
103/8
"3
*5
*26
8%
8%
*20
*
9%
5%
*5
*22%
*12%
9%
*9Va
*26
10%
4%
4V»
25%
8%
*83
4%
4 V.
9%
30
3
*24%
4%-
5%
*5
*26
10%
3
4%
4%
25%
10%
3
3Va
*3
66% Jan/
2
Sep
Jan
May
343/4 July
19%
Dec
51%
Dec
89 Va
Jan
Dec
131%
Jan
"
115
M
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
Volume 155.
NEW YORK STOCK
LOW
Saturday
i<Monday
June 13
$ per share
S
STOCKS
Thursday
June 17
June IS
$ per share
share
per
RECORD
PRICES
Wednesday
-
June 1(5
share
per
SALE
HIGH
AND
Tuesday
-
,
Jurte 15
>
2335
$ per
Friday
/
Sales for
■
1. ^; .June 19
$ per share
share
V
the Week
-
t
Shares
v
NEW
.
YORK
Range Since January 1
STOCK
V
;
On
v
EXCHANGE
..
..
Par
'
Basis
of
100-Share
Lowest
,
$ per share
$ per
■
1
i
»'
*22%
23%
*15%
T7
5%
24"-
T
?'■
*11%
68
.15%
15%
,.*15%
5'A
5%
5%
5%
5%
*5%
12%
*11%
12%
*11%
12%
10 4/: /
h.
*62
:*8
9% K
!
*62
*60
67%
'
68
:
14%
14%
14%
29
28%
29
29
29 Va
/
•
/.
300
Black
900
Blaw-Knox
13
*8%
67%
14%
29
.24
$ per share
share
Jun
15
19%'Jan
7% Jan
28
14
5
14% Jan
.
3
13
(
;
Boeing Airplane Co.—
1
Bohn
5 % May 29
5
Bloomingdale Brothers———No
ipar
Blumenthal & Co preferred
1
2
14% Apr.29'
par
;
4,900
l
*28%-
«__No
1,400
<
•>,/
Mfg Co„L__No .par
Co_..
Bliss & Laughlin Inc
'< ■•'
18% Apr
No par
Year 1941
Lowest
Highest
t per share
21
Dec
31 Va
15%
Dec
23%
Dec
10%
Jan
Dec
18%
Jan
Aug
'
&'Decker
"50
9%,t
*60 '•
•;.>14%
29
29
v.."
t
15'A -•?
■
Bigelow-Sanf Carp Inc
;
<
5%
>11%
.
200
,
■
16
5%
67% >
15;
...
•
9
*60
15%
29
y
'
<
14%
'•>
••
13
,
'23% >
:•
*15%
5%
9.
'
"*23
16
*11%
9,
14%
'
29
*8
68
'
r
10
>15%
'■
>■"■
24
'
16%
•: *8
v.
14%
*28%
;
*23.
23%
*11%
12'A
14%
*23
23%
5'A
* 10
♦62
*23
:
*15%
•:
•
5%
t v *8
24 i.
..
Range for Previous
Lots
Highest
11% Jun
8
!
Jan
.2
10
17
.Oct
70
Apr
7
70
Dec
90
Mar
21% Jan
6
12%
24%
Sep
31% Jan
5
25 V#
Apr
Oct
35
Jan
95 Va Feb
111%
28 *
13% May 20
25
,—5
May
Sep
:12
Apr,30
63 Va Apr
100
—5
Aluminum & Brass—1
3 ?
2
Dec
y
*79
•
81
f
i
*14%
79
*34% .,36." ■'.•/
;
14%
19% •}19%
V
; 79'
34
>
78
'
34%:
•
.
78
•
33%
14%
14% '••••
19%-
j:
19%
■
"77%
'
19%
19%
•
■
35
14% >
19%
+
79
*76%
36
19%
19%
:•
'
*34%
14% r' u: 14%
34
14%'// >">14%
19%
79
78
77%
34
33%
*14%
-
110
•>v
35
'?'•
.>:• 14%
xv
19%:
20
23
Ami Co
V
800
f
Bond
>: ,:
2,200
l
Borden
23%
i
Bon
190
1
14%, (
1
class A
Class B
.
tNo
L~.
Stores
Co
72
par ;
No
Inc
par
-,.15:
(The) —_—;
11 May 29
16
89
Dec
28
40% Jan
5
38
Apr
54
13VaMay20
17% Jan
20% Jan
7
17
Dec
23% July
13
24
30% Apr
,
———1
18% Mar, 31
'
*22%
23%
30
*28
,
•> *14
:
./
*
a
*
*15
15'/a
15'/a
:
•
7%
7%
18%
> v: 18 Va
28
>
>27'A
1
.
37%
29
37%
-
*'4J
*1
/
■
'>'."*44
.
,
*7%
:8%
1 Va
*77/a
*1
*1
IVa
8%
TVs >
*28
127/a
*6%
7
*28
30 '
12%
*12
12%
6%
107
*106%
1
29
>' *1
•
8
30
7%
37
»
::-f
77/a
Maine
5
19% Jan
RR-j.—I
Bower
1,100
>
5,000
f
Briggs
48
49
par
.
4,
V
49
W-k
6%
12
*11%
12 r /; :•
16%
*16
16 %
*23%
24%
*23%
24%
*16%
17
16%
16%
55%
*54
7'/a
106% V
1
:■••
;>/
1
*7%
:5
■
:
300
(■
8
29%
•
*12
12%
200
'
:,.15
par
Manufacturing—.—No
No par.
Bristol-Myers
Co
:—
5
Brooklyn & Queens Tr—it.—No par
Bklyn-Manh Transit———No par
Brooklyn'Union Gas
.1—No par
__
t-
:
*28
'12%
7%
IVa
7
H
6
*11%
*23
Shoe Co_:
Brown
'
No
300
Bruns-Balke-Collender
700
>
7
107 >' 107
2%
*2%
/■>:••
•
2%
Bucyrus-Erie
1
60
IVo
17
24
17
55%>>
*54
35%
*54%
7%
»7%
2%
>•2%
7%
2%
*2%
21 v/,::
<
7%
7%
2%
2%
21%
21%
290
■
6Va
x 15
May 22
21%
*5%
5%
*5»/a
5%
*5%
5%
20%
20%
20%
*20 Va
20%
•:>
/>:;
23
*22%
323%
preferred—^
*2%
2%
*6%
*2%
6%
*76
2%
*6%
77
2%
6%
*70
Forge
600
Bullard
Co
<
'
17
55 Va
>>
•
7%
'
7%
77
12%
♦12
*17%
18%
♦18
12%
•
7%
/
2%
'
22%
5%
*5%
5,400
20%
20 Va
21
Apr
16
Apr
29
7
Apr
23
43
9% Apr
2% Apr
47 V2 Jun
6
Jun
41
Jan
Apr
45%
Oct
Dec
2%
Aug
Dec
6%
Jan
Sep
Sep
7
8% Jan
27
3% Jan
3
66
Feb
23% Mar
Dec
109
x
14
12%
Jun
2%
6
7% Feb
37
Dec
1
9
112% Jan
14%
Jan
7%
16
Dec
11%
16
Jan
12
Jan
Dec
30
\7
Jan
10
Jan
25%
1
5
Dec
12%
Dec
23%
,
17%
Dec
%
14
24
Dec
Jan
6%
3
9% Feb
Sep
39%
14%
1
13
35
17
6% May 14
103% Mar 12
x
Jan
% Jan
>
51
Jan
118
Jan
5%
Dec
Feb
Jan
76
July
5%
Dec
23
Jan
5
18%
Dec
34 Va
26:
11% May 21
/?/16% May 27
/ 19V2 May 1
Sep
3% July
Dec
16%
6 >
18
1% Jan
:
28 % May 15
%>:.
2
2%
2%
>
.">*6%
79
*75%
>
J
Bush
Term
8Va July
15% Mar 30
>12%
18
n
12%
■
5 7o
Butte
Copper
Zinc
&
20% July
55% Jan
10
6V4 Jan
2
2Va Jan
7% Jun
3% Feb
6
2
24% Feb
5
5% Jan
19
6% Feb
6
19% Feb
14
20% Apr
30
/•
>,
18
1—5
L-No
Participating preferred
49
18
2
2% Apr. 17
3% Jan
8
6% Mar
par
8% Jan
5%
Dec
1%
Dec
15
Sep
23
Aug
Dec
4%
Dec
6
Sep
6% July
Dec
2%
1.4
14
9% July
25
Dec
18
Nov
4 Va
Dec
4%
Sep
56%
May
,11%
Jan
Jan
100
77
Jun
11
95
13
76 V2
Feb
100
July
-10
Jan
10
12% May 14
7%
Apr
12
Jan
12%
i"
800
Byron Jackson Co—J—..No par
*17%
18%
' ^
100
California
i<r
,•
1,000
Callahan
2,900
Calumet &
*12% ? 13%
18%
35 Va
Dec
^^.30
coriv preferred.—
•Byers Co: (A M) _i——
20
Dec
15%
Jan
1
/
;—
1,100
.
23 Va
3
17
Apr
7
19% Jan
10
—;
preferred—100
12 >
l" "
11%
*29% >34
1
12%
*17%
par
53
Jan
Jan
1
14% May
par
1,000
IV-
IVa
79
*75%
1 „No
Bldg 7%
Butler Bros
1,000
300
2%
*2Va
TV I
6%
6%
1
Terminals—
Bush
510
20 Va
77
18%
Apr
9% Jan
>
Feb
28
29% Feb 25
1
par
Mach—No
Add
Burroughs
500
■;'/>.
5%
20%
77
12%
12%
2
1
Burlington Mills Corp
'
*12
Jan
No par
—
;
>Conv pref $2.75 ser
:
*2%
22%
//
2>/a
23%./"'".
23%
5%
6%
6%
*75
-No
Co
19% Jun
30
par
Watch——_1„——_No par
Bulova
500
55 Va'
*54%
.
/>,;:
17
*20%
2% >
2%
*6%
77
%
38
2
./•
100
Wheel
Budd
Buffalo
'
5%
*20'A
,
Apr
'
9
28
26
par
,100
18% Feb
7% Apr
15% Jan
/
Mfg——,—1—No par
GOO
'
17%
lr/c
..•
>/•'
12
*16%
17
♦23 V#
*16%
*54
/
5
21
9
30% Jan
16
17
!
Mar 10
5
Co————*
(E G)
■'
*20Va
.—No
preferred—
Budd
500
- -
*11%
>/::;>>
*23% /.24>;>V>:
18
17
7%
49
*6
12
*17
17%
23%
•
49
6Va#
*11 Va
:
Mar
2% Feb
21%
•
> 16%
.
49%
■6Va'>
12
*11'A
16%
49%
*16Va
"
•
55%
20%
>2%
...
49%
6'/a
6
12
16 Va
1
2%
21
107 .'>/•;
107
2%
*49
49
7%
7%
>
7
*2%
2%
6
25
Briggs & Strattoil—
100
•
r._5
Bridgeport Brass Co
900
•'
'hi
Bearing CoJ
Brewing Corp. of America
;
,
■
>
Roller
"
*16
>
12%
12%
106%
107
2%
49
*6
;6Va
•106V4
2%
*11%
7%
12%
7 Vs
*67/a
107 i
2%
48%-
•6
6%
>
2
1% Jan
'
—100/
/'
37 Va
>>44
29% ' >
*28
Corp
Boston
300
i
19
> *27% 129
-
1 Va
&
t
'
2%
2%
*2%
'">■
30 •;
12%
106%
*20%
V. 5%
'
8 Va
Borg-Warner
100
•
*12
*54
8
*28
8V2
*77/a
'
30
"
15%
7%
18%
'
*28
-
«15
38%
*44 ^ > 42 > /' >
h i:
29%
"
*37 Va
:;
.
29%
>
19 Va
*27%
(
•
•
1 Va
'hi'
1%
•■8%
37%
'
3,300
5/
*1%
Jan
18%; Dec
:
•
15% ■>■
.*8
./ 18%
29
&: 37%
•>"
30 Va
*15
8
18%
*27%
:
37%
-1%
30%
^
15% i>
7%
18%
23%
*1%
30
•15
,
23%
■IVa
>
30
7%
37%
•
23%
1%
18%
*
1 Va
30
,
18%
37%
*ii
*28 Va
-K : >'
x7%
/
28%
37%
1%
>
:
x23 Va
23%
♦1%
28
*18% "18%
*28
23%
'
1%
30 V
>14
r
8%
;
*1%
;*28
V-
*15%
*8%
23%
23
i%-. >
*1% ■:
r
■
Jan
Jan
C
.
•
53
I "50 %
>■•> *%
%
5%
♦18
53
50 %
•50%
%
%
'
6%
■
18%
-
6
3/ *12%
13%
>
'11%
'
11
34
"29%
13%
6V8
13%
33 >">•
13%
11'
-
11'
•29%
*%
6
6
11 Va
*50%
ft. \
ft
'
6%
»«
...
•
11
•
••
■■
6
*13
*29% >34V *
>
y«r
6
13% V'
13%
>
53*
>50%
•
'
ii% •11%;:-
*
34
•29%
83
*50%
>/.'
ft
6%
•13
11%
T
"
53
18
11%
--*29%
"
34'
4Va
r: -
4%
•30
*81
82
23%
t*2%
•
■i*6^
:
31
2%
V
•
311
31
2%'
121
t
23
*2%
82
23
•
2%
v
2%
;■
v*67%
*119%
*2%
121
121
23
23-
I'-:
35%
35%
xl8%
19
:> 18%
19
X88%
88%
♦86%
90
♦117%
118%
118%
x83 ■/
83 •/
•7%
7%
>3
91
119%
83
83
>
'7%
7%
•66.
69
»17%
18%
35%
,-
98
'
•17
./!/
2%
♦2
*12%
36
!!"•'
36%
68
--
121
'82
-
•118
83
7
90
83% '
.7
,
■
-
*2
90
'
»2
1%.
•
68
•
>
Jan
7%
Jan
100
120
Mills
1_No
/
Capital Admin class A
200
v
500
Carriers & General Corp
Case (J 1)
Co.
'
120%
70
Preferred
1% Feb
Apr
,77
Apr
Jun
•
No par
Celanese Corp of Amer
-i,
No par
5% series prior preferred
:100
.
1,600
18%
2,900
90%
260
90-,":
118
83'
77 118%
83
7
*2Va
>> 88
,
88
1%
■
2%
*12%
.
;
.
v:
<
98% >>>
*95 'a
12%
2%
85
12%
:
'
*85
12
Jan
-i %
v,vj
100
.
r
•
2%
;
2
.
/>:
2%
*2
;
Preferred
Cerro
500
XX2VV
2%
<2
'
■
>•:/>-2'"•*'>>
2
*l7/a
'
♦15%
18%
:
'
*24%.
18%
^
*14%
15
*96
99%
*25
V
26
25
/
"a
25
24% /
24%
3>
*25
•
26
«<
18%
■
♦14%
>
v!
;j
.
*2%
:
93%
*%
15
98
3%
29%
*89%
93%
*%
%
*2%
%. '3
,
93%
%
3'/a
*2%
3%
1%
*1%
7%
*6%
">:-3%
100
3 v8
♦2%
3.1%
1%
9
-
:
*4% V,S:-VV
IVa
i
9%
/,:■
9%
5%
!
1
*5
•
9
5%
/' >9
r
30%
*90%
3%
2%
-
1%
<•
>v5-/>
1%
9%
*5
5
9%
•
'•;■/5,.'/':
:f 5%
100
Products
No
Chic
1,400
Cab
Mfg
& East
Class
1,700
May
30%
Jan
Jan
3
Jan
Jan
19
2
V* Dec
3 Va
-8
43
Feb
87%
112
Mar
x
125
Sep
Jan
3
36
Dec
50% July
3
18%
Dec
29% July
Jan
Jan
12
120% Jan
22
94% Jan
14
8% Jan
3
■'
25
Apr 27 '
71 Va Jan
5%
-3
23% Jan
116% Mar
27
2% Feb
122'/«
Dec
Dec
10%
Jun
Sep
;
65
x
Dec
75
15Va
Jun
22% Mar
1%
Dec
Jan
2
108%
Dec
115%
Jan
3% Feb
Mar 10
7
1
Dec
4 Va
Aug
4%
Feb
110
2
19
14
18
Jan
17-
29
/•
'3%
July
17
Dec
July
11
>2
Dec
4
5
95
Mar
30
77
Oct
97
par
Jan
2
31% Jan
27
25
Dec
3% Feb
Order
/
50
5
Jan
19■
Jan
•
27
Dec
Apr
6
/
37%
Jan
15
Oct
21%
Jan
16
17
Feb
10
14%
Dec
22%
27
100
Jan
14
95 Va
Dec
107 Va
7% Jan
5
5%
Dec
5% Apr 22
2% May 23
27% Apr
Jan
4
27
24
8
36% Jan
Feb
7
16
1% Jan
29
5
Jan
26
1% Jun
2
2% Jan
26
8% Jun
/
v
2% May
31 Va Dec
30
% Apr
2% Jun
50
Co..
1%
22%
5
29
2-
Apr
2
89
par
—40
—
2% Jan
,
Apr
34% July
5% Jan
14% Jun
100
No
Jun
>
93
;_25
111 RR Co.
Mail
,16
par
N^ par
u
A
Chicago
1% Apr 28
23% Jan
2
5
Chicago Great West RR Co
5% preferred
200
f
92 Va
Apr
Jan '
100
a.
Chesapeake & Ohio Ry
1.50C
'
Dec
22
27
No par
pitferred
Preferred series A
1%
79
7
85
par
1
^Chesapeake Corp.
200
f
28
1% May 27*
100"
1.
-
5,200
•
'5
....
Pap & Fib Co—
6%
Checker
/•:
9%
...
6% prior preferred
Cham
7:
93%
:>%
3 "
1%
?:
%
:-;>•%
9%
1%
10
3%
'
7/a
3
400
r
93%
::
«/4
9%
•
r
/
Jan
.100
No
Apr
3% July
•
21% Jan
Feb
2% Apr
39%
41
93
10
Jun
Dec
Dec
■42
68
1% Jan
Dec
1%
32
24
15
90
32%
5% Aug
5
171
12
Chain Belt Co—
7%
30
30%
*90
«
15
•: 97%
>
3%
v
30
•%
:
*14%
*96
"'*3%
3%
*89%
?
14%
*6%
30-
*16%
98
*96 ',
'•
'.7%
*3%
30%
30
14%
98 >"
*6%
18%
*16%
'
■;>/
9%
*3%
30 Va
*89%
;
'
9 %"
30"
%
3% ;/>
1%
*1%
3%
*14%
'
>
.91
*%
99%
7%
*3%
3
18%
14%
99% -3: ,*96
*6 Va
7% >>,
*:
♦6%
30
*90
3 >14%
♦96
*6% :/ 7%
*3% >3%
30
18%
*15%
15
18
Dec
Feb
Apr 23
29
100
deTasco Copper—j__No
Certain-teed
1,100
■
25%
25%
:
16
3
•
20
•
29 %
Apr
Apr
preferred—100
Century Ribbon Mills
90
14
Jan
122% May 25
Apr
-
Jan
70% Jun
6% Apr
i„_l
1.1
Co
4V2V0
Lt
tCent RR of New Jersey
Central Vloleta Sugar Co
2%
>
*29 VA
Foundry
111
40
•
77
~
Dec
89
110
No par
26 Va
.1
Apr•24
15
100
Aguirre Assoc—
Central
500,
...1
preferred-
Central
Central
12
*85
5 r/o
80
400
11
-27% Jan
16
30
/...—No par
Corp../
Sep
Mar
2% Jun
17
82
100
.100
2d preferred.
Celotex
2% //>'•:>,
:t *2%
SO-/
29%.
.;/ *29%
1%
/
98
:
'>
*2
.
2%
*2%
90
29%
*95
v;
•2% ■•»'
*12
.
70
•
1% '•••'
1%
1%
•
*69 Va
120
•1,400
r8''Ci>,i^%
18'%
•2
29%
>
29
■
2%
...A
70
-
18%
•/•';
99
*2 ;•
*2'/#
29
70
-
1% prior preferred.!
230
83
•7
-7%
7 V, .
Caterpillar Tractor
-
118 >
118
*82%
>
35%
>17%
>
17%
37
2Va May 18
54% Apr
117
1
14%
Jun
37% Feb
16
100
./
Nov
10%
4% Jan
14
23
100
Dec
9%
5
■
20
i—1
4%
0
10
32
100
—
14
32
29% May 16
par
_10
Co
7% Jan
12% Jan
2
5
v >
Steel
3% Jan !
M
13% Apr
25
Apr 16
29
1
Carpenter
'
•
1
2 ;
9Va Apr
i_25
,
400
2%
'
Ry_!
280
!
-68
-
Pacific
Cannon
>35%
19
18% A
1%
>3 *95
12%
29 Va
*15%
3
Nov
1%
Southern Ry Co
•
'
Sep
54 Va
Dec
5% Jun
Cop
$3 preferred A
L
Carolina Clinch & Ohio Ry
23
*2%
1
90
....
69%
*17%'-
99
>>/ *2
3
/>12 //•
2%
29
'/
*95
69%
-
18
*1%
••
12% /
,,*88
29
1%
2%
•
69%
*?: 18 •>,
99
r,
12%
90
,
"3*25"
,">:
24%
Mar
11% Jan
'
•
Dec
51
14
._5
Canadian
30
81% >82
36%
18%
*88 %
&-V.-
118% <"
>
*82%
7
>68
18%
*2
2%
*2
*28%
>
15%
29
1% Jan
No par
•„5
100
!
'
-
120%
36 >
19 i'i
18%
♦88%
f
'
20
50% Jan
Dry Ginger Ale
400
2%
.
>„
*22%
.69
•
•120%
.•36
35%
-
118%
83»
68
'
*1%
*95
'
//
12%
*88
^
68
v
1% 3t.? >
♦94%
4
19% Jan
2
Canada
5,400
'
'
2
14
V2 Jun
Canada
30%*
*2%
*33
>23
-
>V 2% >2%
69
121
-'19%
"t 119%
•'
Cons
16% Jan
50% Apr
1
Campbell W & C Fdy___
400
1,800
4%
4%
\ 30% '"
'■
'
■
-*81%
A
2%
*68
69
-■>-:
82
23
.
2% > 2% '
*'•' 1' '
> '-*33
-
>
-.
-.'->32 •••>>>5
*30
>>
2%
35
81% :
:
19%
'
v>4%> 4%
•■4%
35
35%
>t *88 V
t
■&
■
35
♦81
'
69
>
Hecla
par
50
:
>:
V
"
4%
2%
•33
23%
*2%
69
*2%
-i-
~82
•21%
121
*119
■1
4%
•30
2%
35
•
♦81
.
.69
.
4%
'
*2%
♦33
v '
"21%
;<
'■
32
•30 ■'
2%
35
•33
'
;
32
'
<V *2%
■
g
No
Zinc-Lead—:
•
4%
4%
»
5rU
n
-
*11.
*
.
■
g
.
13%
-
53
9,
i<s
Packing
preferred
Apr
98 /
5
>
93
Jan
Feb
1% July
6%
3 Va
Dec
Oct
3'
July
11%
Nov
8%
Jan
Mar
3% Mar
5'/a May 21
/
44 Va
102%
Dec
Oct
Dec
lft
Oct
4%
1% Mar
13% Mar 23
4% Jan 23
/
ft
'•
Sep
Jan
18
•
•'
13%
*13
'*34%
•'■■■
.36
49
36,/
1
49' /
49-:
*V»
*%■
13%
49
aa
,
13%
; \ 13%
;:>*34%
.
* %
"34%
-V:v%
%
%
-
*3a
35
50
*49
%
11%
'
f
v
''*12
12%
*1%
•
M%
60
22.
60
/ 60%
9%
•
'9%
197/a
:
%
"
»%
%
%
%
%
11%
-11%
11%
:
12%
*11%
12%
*11%
12%
1%
.
y
•
9%
*1%
22
60%
*20
60%
61
1%
•"
"1%
22
*20
^
*A
9%
-*9%
.9%
22
60%
61
9%
•
io
;
■;
95
*94
95
*94
*
95
*94
95
*32%'
42
*32%
42 •
*32%
42
*32%
42
'10/
*2%
3
2%
*2%
2%
2%
*28%
30
•29V2
30
♦60
75
*601
75
» 23
%
101
*78%
80
/ *47
*98%
*99
31%
•142%
*75
y
'.i- 34%'
35%
>
35
31%
>:
31%
31%
148
I *58%
31%
preferred—
95
Childs
Chile
'
H
11,500
> 800
60%
*58 Va
*560
137/a
13%
101
♦100*
113
14
101
58%
*100
;
♦100
113
♦100
r
'
•
*
'<
1%
*1
*
.*14%
14%
\i
*%-
*%
n
1%
1%
1%
1%
*1
1%
#H%
,11%
*11%
11%
*11%
ny8
*11%
12
For footnotes
see
page
2343.
1%
.
-u
1%
*110;
14%
*-%
*1'
11%
*11%
1%
11%
12
35%
14
>'
1 80
■>
-
*26 V2
32
.T
78
32
*58'/#
60
60 i
*58 Vb
14
-14%
*100
102 Va
113
-
> U
V/A
*1
.11%
11%
-
*106
-1%
11%
.
60%
->
r
*i
11%
.
i%
12...
11%
C
-■
-
i%
f
»•*.
.
113
1,800
100
11%"
*11%
8,300
(The)
./
i.
„
900
'
/.No
par
$4.23 preferred——
1
4%
1st
2d
No par
preferred—i
preferred.
Columb Br'd Sys Inc cl
Class B
■—
>Jan
-
Jan
20
10
;
100
:
100
;
A__
100
Jan
72%
Jan
8
Dec
10%
Feb
92
Dec
104 %
Apr
40
Aug
46%
Aug
Feb
3
Jun~15
Jun
6
8
112„ Jan
14
2
Dec
29%
100
'
109%
3
Dec
Apr
Dec
'
Oct
4%
Sep
40 Va
Aug
139
115
33%
Apr
Aug
Jfan
5
24
5
98
May
84% Mar 10
> 81
Dec
04%
48%
Nov
50
Mar
27
Feb
44%
Dec
29
May 11
100
Jan
Jan
50
Jan
20
44
Jan
5
105
Sep
Oct
36% Jan
3
Feb
'39%
22
143% Jun
2
142
Dec
148
Sep
56% Mar 24
79% Jun
9
78
Dec
106
Jan
Jan
11
May
4 '
* May
1-
15
10%
Dec
100%
Feb
14% Feb
105
Jan
5 v
26
1 % Jan
30
Dec
63%
740
16%
106
30%
Sep
Nov
July
Sep
Nov
Jan
Dec
114
12%
,
Dec
20
%
Dec
1%
Jan
Dec
3%
Aug
'
2% Jan 31 /
1
%
Dec
2%
Mar
Jan
Sep
Feb
2
17 '
13% Jan
6
11
Dec
21%
Jan
24
13 % Jan
6
11
Dec
21
Jan
3
•
•2
11
105%
2
18 Va Jan
May 19
•
Mar
July
14% Jun
96
Jan
60
740
470
97% Apr 25
8% Apr
8% Apr
9
25
105% Jan 22
25
1
28%
Feb
•63% Jan
28
Feb
I
.•*
2.50'
2.50
27
Dec
Aug
34% Jan
9
13% May 21
% Apr 10
No par
!—
Dec
41%
4
3
34
11% Mar 13
>
Sep
Sep
Dec
96% Jan 23
3
May 12
Apr 14
55% Jan
>
Jan
1
13
10% Jun
2
77% May 14
47
May 2
32%. Apr 28
25% Apr 24
470
No par
preferred
22
139
<
par
C61gate-Palmolive-Peek
4%
800
'
par
Colo Fuel & Iron Corp
Colorado & Southern.!—
1%
.
No
Collins &" Aikmani—
720
,
par
!
f
25
627/aJun
May 28
95% May 15
.!.50
A
conv
6
107%
1
l_No par
No par
No
5%
2% Feb
ft July
139
,.50
1—No
(.
14%
2'/a Mar
..100
200
i%
12
Class
•
900
.
30
12
■"
Feb
29% Mar 12
par
Coca-Cola Intern Corp
(
*l "■••?
Coca-Cola Co
9%
10%
9
L-l
«_.i
Va
May
27
3
Jan
July
ft Feb
/']> % Jan
13% Feb
34
TOO
stock..
54
8 Va
20
No par
gtd
ft Dec
V
44 Va
.»■
8
>92
L
Peabody & Co
!
■'
% Jan 29
Dec
3
par
(The)
600
L
14
-
Cluett
.
ft
% Feb
43% Jan
'
4$>
Apr
5
16
100
Molybdenum—;
Preferred
;-::tj
i%...i%
*11%
14
14
ii
.;
14
-102%
*100 /
800
Climax
Apr
49
2
1% Jan
5
Graph Bronze Co
preferred..!
37 Va
Jan
% Jan
/
11% Jun
>00
No
21
52
2
19% July
2
100
Equipment
Special gtd
<
13%'.
Clev
(
78 Va
>.■13%'
14 Va
ih
-1%
12
113 :
14
14%
<
«
*100
14 Va "..14 V#
i
5%
2,100
31%
148
*i'
*560 -r
14%
14%
77%
.No
C C C & St Louis Ry Co
Clev El Ilium $4.50 pfd
t
35 Va
*141 Va
>
400
& Fuel
6 V2 % preferred
City Investing Co
City Stores
Feb
11% May 20
...5
;
9%
Va Mar 23
25
Corp......
3
39% Jan
13
V* Jan
10
j.
17% Jan
28
Jan,
8% Jan,
par
No .par
Clev & Pitts RR Co 7%
50
'-31%
78%
"
Oil
Co
City Ice
t
82
-
35% ••/ p-./ 34%
*i4i%" 148;
C
Cotton
—No
Copper Co
Clark
240
24
101%
*79%
50
x35%
78
108
*98%
•
102V2
13%
*100
200
423%
r
*560
,'*13%
800
75
*78
*560
/
113
*14%'
*
58 %
2%
30%
108/
24-
101%
:
i
*60
108
.
..
30
*29 %
«
*46%
148
77%
"
14%
*14%
24
'
2%
75
*100
>31%'" 32
14
14%
a
-
108
/
85
•
*143
58%
'
t,
35
,
102%
>13%
24
101
*46%':" 56
31%
'
13%
'
-
,
13%
13%
•78
.
50
77%
♦560
13%
101
13%
13%
60%
-
148
76
*,
107%
*23%
*100
95
3]
100
Cab.
Apr
Jun
49
100
Yellow
Chrysler
•
33
100
preferred
200
12% May 21
/
No tpar
No par
1%
*32%v 42
30%
*60
35%
*143
76%
76
*560
*100%
*46%
*143- 143
'16
*29%
75
/
85
50:
3
107%
24
>78
*78
*2%
.
94
42
29%
101
;-*46%
94
*60
.
108
*23%
/
'
35 Va
♦34
v
107%
23%
101
29%
29%
4
75
50-
•"
'
f
29%
*60
107%
> 23%
24'/a
♦98%
,
107%
108
108
>
2%
2%
"
*32%
div.:
Pacific.!
cum
&
6%
Chlckasha
;
>
i%
Isl
Chicago
12%.;
i%
—No par
preferred
($2.50)
600
;
'
•94
conv
pf
Rock
700
{
11%
*20
"-61 f/"61%
61%
400
- ui
11%
"
9%
9%
>
1%
22
$3
•Pr
Chic
%
>11%
1 Va
100
; 200
I
i
*%
'%
11%
.
Chicago Pneumat Tool.
'
%
*20
60%
:
50 1
n%
♦
1%
* 1 Va
*20
%
36
1,100
',••*%
'
;.%
*33
^48%
•
7
32
S
i3%
*11%
*11%' '12%
/
36
50"'
^48%
r
*12%
11%
>
,*11% ,.11%
^
22
*20
50
♦Va
13 Va
Xl3%
13%
35
Va
'
'
36
*49
/;/>%
&
%
*
13%
:•% *%
3a
*11%
•>
13%
Monday, June 22, 1942
•
FINANCIAL CHRONICLE
THE COMMERCIAL &
2336
S
RECORD
NEW YORK STOCK
r\ t) ••
'
HIGH SALE PRICES
LOW AND
Tuesday
Monday
Saturday
■
•
1 Va
*35%
36%
*31%
.
33%
1%
1%
36%
V
36%
*35%
■
20%
'
20%
110
*101%
8%
372
21%
23A
'
24%
15 %
15
*16%
.
'
21
15%
15%
15%
16%
io
'
88
88
'
-
1314
13%
13%
88%
*87%
88 %
x
-••'*%
%
*%
%
*%
7%
k; 7%
7%
*7%
2
*1%
!
*.76
%
7%
7%
1%
*1%
5%
5%
5%
6%
317/a
867/b
89
•: 867/b
26
26
*6%
7
*
21%
20%
"17%
9%
18
*87/s
j 13%
;
85
13%
7*35%
6%
6%
6%
18%
1814
18%
38
•
78
80
25%
25%
.25%
26
*63
66%
:v 4
•
6
89
*79
♦80
81
82%
10%
78%:
26%
25%
65%
*63%
10
9%
9%
*9%
5%
5%
."5%
514
83
90
83
83
*82
380
1,700
v
150
,
No par
conv
5% %
r;
11%
Dec
"
X82
10
*16- >
*92
95
*92
:•
%
■:
15%
19%
Jun
*n
15 y2
15%
14%
14%
60'
♦12%
13
5%
6<
16%
*14%
.16%
A.k
110
14%
12%
13%
k,
1,300
13
♦85%
60
*55
60
13
13
-
6 Va
6
20 Va
20
20
95
85%
,
•55
•
13%
3%
60
*13
13J/4
.
2
3 Va
♦55
Curtiss-Wright
2,400
v
Class
-
-
:
A
'T.'vV
$8
preferred
Cutler-Hammer Inc
200
Davega Stores Corp
10
700
Davison
108
50
13%
•
Feb
0%
2%
Feb
14
7% July
Dec
11
Dec
2%
July
106%
Jan
16% July
5%
Dec
79
Jan
Nov
30
Dec
93
July
Aug
109% Nov
Jan
21'/a Deo
Jan
40%
10
7
16
16
Feb
45%
Sep
2%
Dec
4%
Jan
17%
Feb
15%
Apr
9%
Dec
-
Sep
27% Nov
23 %
Jan
18%
Jan
66%
Sep
v
48
Deo
28%
Dec
52%
Jan
Apr
x54
Dec
Mar
182%
Jan
42'A
9
170
24
4%
Jan
Dec
%
Jan
19%
Jan
88
Dec
107
Jan
10%
Dec
19
Jan
9
July
2%
Dec
A
4% Jan
Mar 17
15
Dec
27%
Jan
38%
Deo
45%
Jan
10
Dec
15%
80
Dec
94
28
Deo
47% Jan
73%
Dec
98%
83 "Feb
3%
3
•
41'/* Feb
1314 Jan 14
8
Oct
Jan
13% Nov
C
8%
Sep
127%
Sep
Feb
7
Jun
140
-
1% May
•
72' i- Feb
Jan
•
:
,v.
Dec
•r
<0yk • ";•> ■/"
"77
Dec
16%
"25
Jan
'
Jan
12%
Dec
08
Dec
::
%
Dec
/ /
13%
Dec
45
16
Dec
34% Feb
Dec
10%
25% Jan 12
86
Apr 30
24
16% Jun
13
:
Jan 19
80'
19
'« 56
Jan 17
12% May 29
44
No par
No par
-
800
100
pfd
6% May
Feb 18
08 ™ Jan 26
Jan
2
%Apr 4
May. 19 tki 1814 Mat 27
May 2
18% Jan
5
May 20 "
9% Jan 6
1914 Jun
1
—
-
Cushman's Sons Inc 1%
10
3%
Dec
00
il
—No par/k '13%
No par
12 ya
—1
'
5%
preferred
Dec
Deo
•
;
60
v
13
13%
•
rt
Prior
11
Deo
Mar 14'
No par
'.
July
13
*
100
—
Preferred
14,100
85%
*85%
95
f
6Va
eya
19%
.6%
95
*55
.•
-
14
20 ■}
19%
*85%
60
13-.
-
" 4514
6
19%
19%
19%
*55
95
•55
...11
14%
*85%
*85%
"U
16 '
14%
preferred
Curtis Pub Co (The)
4,700
*15%
Vr%
•
11
•
-i
4%%
10
%
Inc_
Jan
1 %
Dec
11
8% May 29
^5
Press
23%
107% Jan
■r
%
5 <
<Jan
8
11% Jan 20
88% Jan 15
36 - Jan
3 •
79'AJan 2,.
13% Jan 14
9 : Jan 27
13
30
Cuneo
96%
*91
•
Cudahy Packing CO-k_.
600
.
f - ,
"
%
1J
95
93
93 V
300
•
..16%" 16%
16%
*16%
1014
•9%
10
9Va
•
95 /•"/•
*92
95 V
:
v
15%
'
19%
•
*92
15
5%
6
6
16%
16".
•14%
19%
10%
16%
%
•15
14%
♦9y8
16%
95
n
14%
9%
16%
16%
-
♦14%
'9%
10
*9%
17
Dec
5
u
*9%
*16%
Jan
8% July
Feb
Jan
8
74% Jan
k 88'
100
Dec
19 Va Feb
5y«May21.
100/
preferred—a—.
conv
4%
103
41
9
Mar 27.
Apr .27
May 19
10
77
23% May 20
64'/a Jun
3
9% Jun 18
100
100
100
;
Preferred
•
500
83%
5
preferred
Cuba RR 6% preferred
/Cuban-American Sugar—5%
May
95% Jan
5
14% Jan 12
2
14'A May
4 32=
—No par
Crucible Steel of Amer
400
65
90
95
*89%
89%
25%
'
70
2,000
10%
6
k-
conv
Jan
90
6
5% May 1
;
No par
—No par
preferred
Crown Zellerbach Corp
$5 conv preferred—
$2.25
Jan
97%
6%
Jan
14
Jun 15
85
12'/a Jan
No par
-
15%
Dec
3% Jan 5
% Feb 11
2% May 22
Apr
8
>
Dec
Dec
35%
Jan
174
10% Apr 17
1
Crown Cork & Seal
1,300
78%
65%
83
82
«
10%
V
25%
'
89%
90
89%
89%
*88
82%
88
10%
v
preferred
conv
Crosley Corp (The)-..
1,100
:
38"
80
*78%
66%
5%
6
5%
•
10
10
10
"
6
*64y2
66%
*63%
1014
10%
6
V
10%
•
700
18
17
1
1
Corp
Co
100
Cream of Wheat Corp (The)——2
5%
2,100
■
6%
*6
7
10%
10%
10%
*78%
6414
5%
13%
18
78%
64%
1*10%
13%
'*36%
10%
25%
13%
38
10 %
*25%
80
19
*77%
25%
87%
*36%
10%
25
*86%
*18 k.
78%
-
11%
86
Apr
Jan
23%
15
55% Jan
42'A Apr 17
159
25
Inc
Internat
Crane
9 V*
k
77
33% Jan 20
25
Refining
Jan
4
18% Aug
1%
19% Jan 3
12% Jan
5
51% Jan 30
20
Dec
15 /
42 / Jan
3% Jan
24
30%
•
7
15 Va Apr 29
8% Apr 29
45
Mar 13
.
18'A
Jun 15
Jan 15
Jan
3
Jan 15
8'A Jan
Apr 23
/
Dec
2%. Nov
13%. Deer
%
25% Apr 24
50
100
Coty
2,800
17
No par
__5
Co
series
-
Coty
100
11%
38
*35%
,>
" %
Products
Preferred
100
3
%
*6
6%
•
*10%
78
"
38
*35%
".
38
*35%
v
290
11%
18%
18%
Corn
3,400
;k %
X1314
14
*6
6%
18%
10% *10%
*77
13%
Steel
Corn Exch Bank Trust Co
160
11%
11%
86
6%
'
7
11%
86
13%
.k
86
11%
86 Vk
i8%
-is
4
*%
11%
13%
*2%
*2%
%
86
13%
1314
*6%
2%
*%
%
Copperweld
Conv pref 5%
/
5
Continental Steel Corp
175
*166%
3
2%
3
%
200
20
x
27y4Jan20
30% Apr 28
2% Apr 29
Jan
li
65% July
;
103% Jan 28
11
l
Del
of
6% Jun
$2.50
Motors
Oil
31%
96'A
13 y2
3JA
Apr 28
5
Insurance
300
49%
49%
168
168
168
11%
;
Continental
17%
*17
49%
49
49%
49 V4
%
85
87%
*85
*
29%
29%
11%
11%
'
v
*2%
48
*166%
168
*165
Continental
6,300
29%
Continental
6'/a Jun
7
21Vb Apr 29
-20
—
Continental Diamond Fibre
1,700"
21%
*29
29%
*45%
%
%
21%
22
preferred—i—————100
2,000
3%
No par
"•
A Jan
7
9
Jan
8
2% Jan 30
O'AJan 29
8'AJan 13
Jan 21
May 2
Feb 17
Apr 29
11% July
Dec
Dec
:
7% Jan 14
Feb
4 "
Jan 16
77
25
Corp of America
Continental Can Inc
200
;
37%
3
29%
*45%
49%
11%
21%
37
8%
4% Jan
;
Jan
'
14
94
v
Jan
110
7%. Dec
Va
.6
7
Oct
37%
>
Dec
39 y»
v
104%
Dec
'
Oct
28% Aug
?Mar
31
Dec
k
13
25,'
28
24
97% Feb 3
.
22
82
12
2*A
No par
:
19 Va
16% Jan
2iyaMar
11% Feb
89
Feb
Apr 14
1% Jan. 3
4% May 13
5% Jun 13
100
preferred
conv
Continental Bak Co
48
29
3
z
22
*9
48
•45
166
3%
*45%
49
*
3
6%
48
29
*2%
314
5%
4,800
25%
6%
.
9
29%
166
36%
7
37%
25%
26%
*6%.
,•
*8%
49%
-
100
18
29
3
95%
*93
96%
Zkk 9
49%
168
1,100
9
49 %
*%
2%
18
29%
*2%
2%
9%
49%
*160
Container
17% ' 17%
V*29%
"
200
21
9%
*9
48
*45
48
*46
12%
17%
*16%
'■
9%
*814
,
12%
21%
21
21
*16%
21%
*16%
13
•
Dec
MOO
Jan
•'k; 7%
Apr
96
,
6
7
25
Consumers Pow $4.50 pfd
Apr
May
k 78
Consolidation Coal Co
100
36%
3
3
3
V
3%
*3
•;
1,400
6%
92%
25%
7
36%
36%
36
36
36
*614
7,200
Cuba
of
*88%
25%
24%
6
30
RR
6
*93
4y« May
16 Va
.5
r
4'/8 Jun
3
11% Apr 25
Apr; 9
A Mar 27
par
5
No par !
pfd
100
Corp
92
2%
96%
7
6
30
Consol
300
Oil
31
*2%
2%
83
21%
t
23% Jan
3% Jan
3 v
22 ;
20
16."
25
Apr
Apr 20
No par
Consol
Consolidated
75
83
No par
1
$2 partic preferred
Laundries Corp
200
11,400
6
2%
Dec
Apr
July
k
44ya Jan
Apr. 29
Jun
97/a Feb
,
5
Y———No
N
*12%
0
96%
25'%
1%
*5%
6
of
*88
13 V:
2%
*6%
'
35%
35%
92
*12%
97%
25%
'
r
400
7%
Edison
$5 preferred
Consol Film Industries—
6
31
*87%
13
*2%
Consol
900
.
*29
6%
*6
*29%
,-vr" /
92
*95
26%
25%
7
/',
7
»/
97%
*95
99 Va
*5%
prior preferred-
Consol Coppermines Corp
5%
5
5%
5%
5%
614
13
2%
2%
2%
*2%
95
"V
*12%
13
12%
514
57/b
31%
*87 Va
13
5
57/a
*30
867/a
*1%
2
5
6%
;/
6%
30%
6%
■■'6%%
%
1%
,U.
9,900
13%
-.No par
1
No par
100
100
preferred
4,200
4%
88%
7'A
::
Consolidated Cigar_
180
13%
V2
*5%
200
86
4%
4%
4%
4%
84%
87
87
No par:
Aircraft Corp
7%
*87%
l7/a
30
;
" 80
13%
7»A
5%
1014
80
87%
*%
5%.
10%
*78%
1314
7»A
28%
*10%
87%
*1%
5
Consol
17%
i 1%
12%
> 15
—25
Co
Congoleum-Nalrn Inc
3,500
87%
%
./ 5
1,800
,
13% -13%
17/b
47/b
.
16%
87%
7%
S-A
15%
16%
10%
•; - .4%
7 Vb
5
15%
;.
*%
5
15%
: 16%
87
*1%
*
Edison
Conde Nast Pub Inc
v
13%
87%
"•
Commonwealth
5,800
80
87
4%
13»A
87%
13%
88%
>
87
4%
4%
4%
4% / '
871
•
k,
16%
10%
Jan
72
.
23y2 Jun• 4
.$6. preferred series.^——JVo par
1,500
25%
*78
"82%
Nov
64
100: Feb 26y
27% Jun
8
103'/a Mar 7<
.
4%
Dec
42 Va
7% May 12.: v]i 9% Jan 10
A Jan
2 :
11 Jan
8
;
Dec
•
15%
167/B
*78 Va
80
Commonwealth & Southern—No par;
2%
.
22 Va Jun
$ per shdre
1' "
6
7.
2914 Jun 19
2
'
;
Highest
43%
:
72
Jan 29
7% Jun 18
.
A'100% Mar 17 '
5,000
';
(
54
Jan
45'/a Jan
,
.
9iya Apr 29..
20'A Jan
2
100
No par
$4.25 conv pf ser "35—
No par
Commercial Solvents-—
'—No pat:
f
;
20%
::
4 16 Va Jan
—10
Credit
20%
15%
10 VB
No par.
preferred
*1%
16%
*
10
par
Pictures
conv
2%
*1%
2%
15%
:.
8%
•v.
25
21
*1%
16%
:
*78
80
*78 Va
;
20%
No
'I 51' Mar 16
5 Va Jan
2
24
Jan ,8"
•
25%
21
par
AlA% conv preferred
Comm'l Invest Trust
"
A
25 %
—No
8,600
8%
32
.
24%'
2%
10%
8%
is
x32JAApr 17.
32
Apr,22
\
4,100
106
100.
100
:
$ per share
3 '
1% Jan
s
:
Lowest
;;
$ per share
share
per
Year 1941
Highest
>
v
lVe Apr .28 1
—No par.
Co
Carbon
Commercial
200
.
27
106
*101%
%
$2.75
3,700
i
99%
.
26%
20%
:21%
*1%
16%
?■
99%
•
.
Columbia
600
.
Lowest
,
par
•
preferred series A
preferred,
Columbian
10,100
r
■
5%
400
2114 1
20%
*101%
24%
24%
2%
...*io
89
4%
24%
16
;
>
32
7%
29%
27
:;v/ 8%
8%
8%
8%
29
26%
106 .V
♦101%
106
21%
15%
80
*88%
99%
21
:
>
;
10%
*78
*98%
27
*2
\
'
16 %
*10
98%
26%
-
%
:'l 24%
25%
*1%
98%
'V*' 8%
8%
•:
2114
,21%
98%
*101%
108 ;
V
8%
*24%
21%
26%
26%
2614
♦101%
i
21%
*97
98%
26%
8%
20%
20%
20%
20%
20%
,*97
98%
26
i
29
7%
28%
25%
734
29%
7%
7%
28%
7%
28%
6%
30
v
.V
67%
67%
69
7%
7%
28%
7%
28"%
/
*■
Columbia Gas & Elec
700
"
'
v
•
Range for Previous
Range Since January 1
On Basis of 100-Share Lots
i/ ' /
i
STOCK
EXCHANGE
.-
'
5,700
:
34
*32%
STOCKS
YORK
NEW
'/...
•
Shares
i;
i
VA
36
36
34
*67
66
65
69
*65
69'
.'
*28
28 %
*94
34
34
:
■
1%
36
35%
34
6%
6%
*27%
*
*66
35%
36
*33
36%
$ per share \
"1%":
1%
the Week
June 19
share
$ per
1%
1%
1%'
.
34
33%
33%
l
70%
*66
6%
.
1%
1%
$ per share
$ per share
share
$ per
$ per share
>
•
for
Sales
Friday
•
June 18
June 17
June 16
June 15
;
June 13
Thursday
Wednesday
-
Jun
17% Jan
■6%
99
Dec
1%
jan
Jan
Sep
Dec
80
"
29%
Jan
Dec
90
Aug
3
42%
Feb
47% Mar
14
14%
Deo
20
2%
Dec
July
D
*
3%
*3 '■!
V
"
9%
9V4
108
21%
2214
" *26%
*1014
10%
10 %
10%
10%
.•*,.7%
714
7%
7%
7%
3%
-.*%
18
♦16
•%
16%
17%
*16%
36
1
*8-t
i.
8%
-
79 /
V
110%
14%
*13%
14%
4%
*4.v-;.
!
*13%.
i
:
:
*4
5
*9%
>
10
117%
*117%
113%
113%
113"
.,*115%
17
'
21%-
:
*8%
,
12%
>
*33%
343A
213/4
1,600
14%
14%
14%
*13%
14%
*4
4%
*117%
V
112%
113
*122 :
123"
113
;
119%
•y
•*122%
115%
*115%
/
*122%
123
115%
115%
2%
*2%
*1253/4
273A
;
123A
v
26%
26%
•V
11%
1%
20%
v
21
♦44
47
*111
-
275/a
1
•••;
>
••
103A
10%;/
'
11 r.
1%
1%
1%
1 Va
;
*22
23%
•
1
*50%
55
*53
58
-
*y8
For footnotes see page
-
51-
;
%
2343.
1
/
23
,
48
48
50%
*
Va
32
21
46
*1083/4
2
-
58
.
20%
*43%
-
,
-
%
v
•:
.
*20
,
112 ■/
2 Va
*1093/4
118
*2%
'114% 114%
8%
•
28%
preferred
Duquesne Light 5%
10%
*10 3/4
10%
*1 Vb
1%
"
1
r
233/8
,
•
Jan
'
3314
Apr
24
38% Jan
12
33
Deo
41
Jan
Jun
11
:
16V2
70
8
Apr
9
12% May
18%
79% Apr
17
65
Dec
86
7
-
Jan
16%
Apr
Apr
8
13
2
36
Jan
12
32%
22% Jun
18
17
13% Jun
6
23
14
58
.
A
:
Electric
47
110%
51
*53
58
*%
'
...
■
■?«
.
r
/■
;
20
4,400
;
100
100
119% Jun
:
;
.,
5%
preferred—
Engineers Public Service
1 $5 preferred——
$5% preferred
4
$6 preferred
Equitable Office Bldg-'
Dec
6
:
Deo
•;
Aug
136%
Deo
164%
120%
Feb
127
111% July
118
79
Jan
141%
Jan
23%
Jun
-
Jan
•
2
126 V» Jan
7
144'
>
/
■>
116% May 26
24
6%
!
Jan
10% July
117;
/
Jan
Jan
Deo
•
May
34
Jan
•5%
May
Jan
3
13
Jan
7
Jan
13
May 16
<31% Jan
0
xll% May 28
i: 20% Jan: 2
Jan
21
14%
Feb
'
17%
Sep
'27% Jun
18
17 Va
Dec
/
33%
Jan
10% Jun
2
13% Jan
5
10
Deo
17%
Jan
16
1% Jun
2
%
Jan
1% Jan
8
%
Deo
,35% Jan 23
3
.No par
% Jan^
>
2
17% Apr 27
15
Apr
29
Jan
2
15
-
100
19% Apr 24
39% Apr-27
107% Feb
16
—1
No par
No par
..No-par
—No par
40
17
Apr 28
Sep
Apr
182%
Jan
Dec
36%
Jan
27 '
'/a Aug
;
'
Jan
Nov
36%
•
4%
397/a
'
Nov
Feb
23%
Feb
'32% Mar
3
26%
Deo
26% Feb
18
21%
Dec
Mar
16
39%
Feb
111% Apr
11
107%
Nov
5
•2%
Dec
Jan 30
64%
Deo
■'
69
Dec
:
83% July
74%
Dec
*
A Nov
!
89% July
% Jan
•49
'
n.
"...
"
3% Jan
•66
,
i
■
,
;
34% Aug
33
47%
•
July
Sep
113
Oct
7
Jan
.
30
73
Jan
5
83
Jan
17
% Jan
5
.-.'A Feb 21
145%
160
47% Apr-25
46 Va Apr
'
Dec
27%
I
1% Apr
1%
120% May k
23
32% Jan
23
j_50
1—
2%
17
2
No par
J—3
Natural Gas
Endicott Johnson Corp.
Dec
105
18
17
-No par
preferred
Battery
12%
,
3% Jan
No par
Elec Storage
El Paso
'
v':'..
2%
50
*49%
$6
200
:
Sep
27% Jan
shares-
—
Dec
A Feb
.
$7 preferred
.
200
:
»•
110%
Mus Ind Am
5
—
Electric Power & Light
1,300
500
:•
Mar 14
16% Apr
•2% Jan
1
...J—2
Boat
Elec &
Jan
17% July
59%
1
9% Jun
26'
preferred
(The)
Oct
23%
Dec
ylllVa
3
4% Jun
176
Auto-Lite
i:
15% Jan
Mar 28
Electric
37%
-
170'
cum
Dec
'
9
102% May 20
120. Apr 24
5
No par
Edison Bros Stores Inc
3,100
.
6
.100
6%
Jan
Nov
X9%
3
141
300
.
70 Va Jan
124'A Jan
Jan
18%
May
Feb
-
Jan
v
May
9
2% Apr 28
Jan
8
8
Feb 26
112
lliy2
9
18
Apr 24
4,000
20
*47%
v,
>'
v
Apr
10%
18% Jun
5
32%
,
6%
7.
Jan\
Apr
8
9% Feb
.
Mar
Eaton Manufacturing Co—_ —4
'
■
....
Mllls__
(N J)
700
.
22
2%
2'A
...
v
*44
-
51
*53
1
23%
'
'
T
♦21
50
58
,
:
']
,
■
*31% '32
'
112
*51
1
23
20
21
*49
29%
108
:
20
•'
Rolling
Eastman Kodak
1,100
.
12% v:
1%
Eastern.
100
1st pfd
Eastern Airlines Inc
4,800
.
(E I) & Co
$4.50
500
172%
*28
preferred
Du P de Nem
1,400
263A : i "
*47%
*Va
*172-
••
"
Vv
.3
1283/4
*123/a
51
A
223/4
223/8
*2%
1283/4
X26%
50 >
Va
Duplan Corp
6,000
123A
*50
*
Dunhiil
40
118
:
International
100
300
v
27 V2
*47%
Dec
Mar
28%.
46
21;
13 Va
'
k *31% ,32
21
205/a
*44
19
No par
—1
No par
100
—20
No par.
110
•
27% Jan
Dresser
4
172%
V 233/8
Apr 28
200
1153A
105/a
Sep
18
14'A
3
.k.:."i
i
32
-
•
■■
;/•
/ 20%
/
*13%
123
k" *1
23%
*20%
2
*53
•1
.
20 3A
32
503A
2
*47%
*49'-
-I.
21
46
1 Va
23%
v
Dec
Apr 29
1153/4
27
Sep
Dec
No par
Mfg Co
27
July
6% Aug
Va Aug
-
A
May 21.
123
-
%Jan
Jan
14
Feb
16%
51
115%
♦123/g
11V4
1%
2
48
51
263/4
*10%
20%
*31 %
•111
»iii
123A
26%
1%
*44
-
46/,".
x
28
Dec
,
2%
12%
95
23%
*172
27%
,*12 V4
>
1 Vb
*20%
31%
21
123/4,
23
"*19%
213/s
31%
*20%
172%
27%
6
7
No par
10
129
129
28
> 4% Jan 27
27
No par
123
3
3Va
Aug
18%
Jan
Douglas Aircraft—I
200
23
23%
131
*172
263A
Va
23%
r
27%
26%
48
%
172
*12%
2
2
.
*3
128
12%
*48
•
r
23%
2%
26%
*47
*%
•172
V
-
*44
r
—
*1%
27%
*12%
25%
r
*20
20%
32
*20%
<
23%
127%
23/4.
127
v-
27%
1
23
*31%
•
172
•
■■/,./
'
.
1
1
: 127
11
11 Va
*1%
22%
2%
.172
*12%
23%
23%
*2%
127
173
*27%
.
-
127
•172
V
Sep
30 Va
Dec
18% Jan
Dow Chemical Co
'
22%
23
23
;
28%
Apr
0%
21.
500
*9%
"
Feb
27
20
5
1,200
*3%
'i
li%
27
10% Jan
2
13,200
/.
H4"Z -114%
V
14
Feb
24% Jan
2
No par
Dome Mines Ltd-
5
11% Feb
May 21,
123/«
9%".-'' /
*118
119%
No par
Casting Co
Oct
Jan
23
No par
A
Sep
114
109% July
Jan
2
-100
8
14% Apr
Jan
14
No par
Co
11V*
Jan
Sep
18
Apr
8% Jan.;
Apr 25
Jan
Dec
6%
•29
5;
May
14%
19
110
Apr 16.:
Apr 29
1135/b
;
4--;.-
4 --v
9%
/
112% 114%
;
123
115%
10 v
1
" /
119%
;vvi
4%
*9%
•:
4%
,18%
4 25%
9%
7
'
2%
A
•
54% >56%
12
1143/4
10
-Class
Doehler Die
102
16
113%
?
13'/a
57
56 3/4
1143/4
-
No par
;
preferred—.—....25
partle
Dixie-Vortex
110
21%
Match
Corp-Seagr's Ltd
5% pref with warrants
100
3414
22
—
Distil
100
8%
-
22 Va
;•// 343/4
13 Va
8%
8%
•-—
Diamond T Motor Car Co
400
2,700
79
*78
80
*77%
6%
8%
18%
1
Co
&
Diamond
700
18%
*S
.
18%
18%
80
36
8%
*8
8%
*36%
100
Mar
8%
6
11% Jan
16'/a May
7"
8% Apr 17
No par
20
10
Delaware & Hudson
100
Delaware Lack & Western
—50
tDenv & R G West 6% pfd-—100
Detroit Edison
—20
Devoe & Raynolds A—
No par
5,300
22%
pfd
3% Jan 10
4
2% Apr
15 Va Jan
*
(The)-—1
Records Inc—
Preferred
17%
*21%
nw
*35
36
•17
21%
•'
21%
5
-i-25
—
Co.
Deisel-Wemmer-Gilbert
is
17 iC1
16%
36
••
-
♦%
is
17
•
55%
*9%
116
*115%
116
*%
-
114%
'
123
123
•122
x\
17%
114%
*4
1,000
•22
3 Va
.
53%
■>:
•
119%
117%
;
:
•
111%
4%
10'
*9%
1,500
3 f'
-7%
7
35
*13%
7%
3
7%
.3'
7%
•
22
12%
7%
*10%
10%
21
55
400
10%
35
12%
Deere
500
10'A
26%
10%
34%
,
2,800
26%
26 V2
20%
12%
*52%
*108%
22%
22%
26%
53
53
III
Decca
22%
preferred
Chemical
Dayton Pow & Lt 4%%
1,300
26%
5%
Conv
6%
6%
23
111
54
*5214
*108%
■
6%
34%
13 <
12%
12%
*107
108
*107
8%
*8
,
18%
9%:
6%
20%
35%
20%
20%
*77%
/.
8%
*14%
9%
18%
18
79
:.v ..*8
8%
8%
-
18%
18
j
20%
35
20%
12%
79«
*8
1
*34%
34%
I
,
*35%
8%
8%
8%
*77%
79
*77%
36
i8ya
18%
18
18
21%
21%
*35
*8-
8%
*8
*20%
36
*34%
18%
9'/a
17%
♦17
17%
2114
21%
2114
*34%
-*
is
17%
18
-
*20
v
*%
17%
17%
3%
3 Va
3%
17^
*16%
-
*2%
6%
3
3%
17%
"
"
17%
k":
3%
/"♦%
314
*314
<
22%
4*26%
v
.7%
-
*7%
•*
26%
3%
*14%
-9% •
107 >./
-
II %
V *10%
-t
*
•2y8
18
6%
22%
26 %
.26%
/107
6 %
22%
22 J/4
26%
9%
k
•
6%
6%
x6%
6%
21%
t
*14%
....
»';• 107
*107
•
*6%
•
i8y2
*9%
*2614
:»■
(
*14%
-
'
*107
107%
♦107
18
% *9%
9%
314
3%
*3 -P
•*14%
18
-.*14%
7- *914
*3 V."
:
.
;
80%-Apr
' Number 4083
Volume 155
THE COMMERCIAL & FINANCIAL CHRONICLE
2337
NEW YORK STOCK RECORD
HIGH SALE PRICES
LOW AND
Saturday
June 15
v
$ per share
>
5%
5Va "
5'/a
4%
5
47/a
5 <
34
34%
34
•-
*2%
>
2%
.*20%
21 %
-
•;
34
•
5%
2%
4ya
21%
2%
4%
21%
21%
*ya
*
i
-
•
1
ya
~
*ya
v
6
4%
35%
' '!
«'; •
2%
4%
*20y2
21%
?
:
1
*Va
,32.
„■> r *30 V2
.
>■>
■
> vv-,/,.v>
700
"
Evans
700
•
Ex-Cell-O
'
1
Products
<;
32 Y
*20%
20%
'
'
:*6%
>74Va>78>
*20 Va
'
)
■■
f
9
>
*3% —3%
J*t3
14
'•80 >
7 *76
*8%
•
.'5;
35%
35%
V«7
15 %'
•31 %
' 90'/a
15%
*95 %
.
♦86'
'*86
-
,
96% ' 7>
*11 7
11%
* 96
<
11
3%'
'
i
33
f
*74%
V
20%
7
78
v.
3%
*20%
9%
3%
11 •:
>
*13 :• 13%
*75- '
9%...
'
97
>
"
:
..*7
.,
19
20%
*18
♦18
>>'
19 >
'•
11%
^
f
'
-
19
19
20%
i
*3
*18
16
*96%
c ;
11%
*86
*
*
-
ll
i
96
•
19
16
•
34%
>
*9
*33%
9%
*96%
■
C ll%
.
>28% 7 28%;
i: *9%
9%
♦116
>
v
118%
*14%
'
■; '> 29' >
■vt
>
V
29 ?!
9%
9%'
•
»
9%
16 Va
*14%
5
*5%
:
*31 % ;
>*45
..
>:•■
'*86
32%
32
*16
17
91
3%
96
•'
*88
>
v
*
*16
9%
16 Va
5 Va
*5%
'
33
1%
*1%
*1%
1%
■s: *1%
*9%
10%
*16%
"
'
■AVa ft
'
16
31
A
r..;
*5%
7-7
53
-
•31%
"31%
32%
•
17
*16
91
*88
7
-
1%
1%
1%
l7/a
r
>
7
■
Corp—
preferred-..—;
*8%
10
16 %:
17
17%
19
19
■
2%
7
18
2%
19%
27/a
*2%
V
2%
*4
'
9
*8%
7;
"
101%
37y8
37 y8
•
7%
;
*8%
50%
6 %
7
"20
5%
50%
>y®
4Va
101%
101%
37%
37%
37
*3%
4y»
4%
.
102
37%
7
*4%
520
2%
2%
7%
4
*111
115
114
3J/4
'77.
*2%
*7 "
2%
;>v. *2%
*3
*9
50%
4%
*4%
*98
100
37%
114
*3%
V.
4%
300
;
900
V 3%
114%
.
V
*2%
2%
2%
2%
*7
7 %•
3%
2%
7%
*7%
•7%
7%
7%
74%
74%
*72%
18%
18%
P-;
G
•73"
75
•124
125 V
125
'
,
25%
,
25%
30
;
30
--
*71
•
18%
*124
3'/4 V
30
30%
>112%
117
74%
18%
18%
v
*3
'
3%
♦124
126%
.
•:
*124
126%
2%
,V
•
*7%
4
-
•
25%-
26%
26%
267/a
31%
317/a
32%
32%
32%
*112%
,
117 :
*113
.
118
*113.
: ;
•70
80
♦70
78 :
*77%
79%
*77%
79%'
80
*70
80
79%
*70 ;•
*77
■
126%
126%.
126%
128
1
*77
79%
126%
118
V,
31
1'
126%
*72
126ya
(The)__
No
/ 37%
37%
124%.... -'124% 124%
37%-
>, 37%
37%
'
124-
•
•124 " 125
37
.
% '- 38
,
20
•
20
*18 VA
•
V
80
125
'
125
•
'124%'
*
'
,
'
•A
7-
'
19
-
>
15%
87/a
•
■
-
No
i7.r
V.
57
*56 ".
r -•
16
12
58
57%
-
17 Va Dec
3 V» Dec
21
Jun
9
.
.
33% Jan
r
25% Apr
7 • Jan
.
35
13%
■
,
Dec
May
Sep
20y«Van
Jan
132'
—
—
9
___
Feb
May
May
Dec
Dec
Deo
Jan
32'%
'1
Dec
Feb
36
32%
18
93%
Deo
46 *
41 23Va
99
*
1
21
Jan
1%
20
3% Jan
17
13
710% Feb
Jan
July
July
Aug
> 5% Jan
12
Dec
23
2%
Jun
2%
Sep
Nov
Sep
5% Mar
Dec
6
22
3% Apr 25
Apr:
2%
1
20
52 ya Jan
Apr
15
5
8 Va Apr
7
Dec
1%
3
7%
3
? 7% Apr
$6
37%
Apr
124%
T
-19%
,
conv
5%
—No par
*
106
-
-7
900
$5
122
—10,
No par
preferred-—i—i.
Apr
>30.,
Apr
101
10
Jan
15
28
Jun
104
Sep
39%
Dec
55
Jan
3%
Dec
;
115
20
3% Jan
7% Jan
144
Dec
July
Mar
2%
Dec
2
Dec
14
6%
Dec
15%
Jan
4
20 7 >90% Feb
20
Mar
2
25
127
Jan 10
29,
728% Jan
5
28
73%
Feb
97 >
8ep
16
Dec
22-
Oct
Jan
3
9% Jan
,
118
..
40% Jan
102
Jan
83
Jan
"
38
3
10
38 Va Jun
120 7 Jan
9
.
130% Apr
r 35Va Jan
Dec
42%
Sep
117% Aug
1% Nov
Jan
Jan
104-
Jan
78% July
125
Nov
91
•
Sep
Dec
132%
Jan
28%
Dec
48%
Jan
121%
Dec
27%
Dec
9
: 6
%
.
6 Va Jan
33% Feb
112%
20
15
131% Feb
.
16
,
5
„
24% Dec
3-
Jan
1% Jan
116 '
Jans 2 I
Apr 10 V
122
4
5
'
% May 13
61, Mar 25
64% Apr 29
100
53% May
5% Oct
16
Apr 16
Apr 15
111 % Apr 29 '
.No par
—
12% July
Jan
15
119
Mar
Dec
4y8 Jan
x?3% Apr 24,
preferred series A-No par
preferred—
8
8%
47%
Jan
*
Apr 28
Jun 10
May
Apr
120
Apr
> 21 Va Apr
No par
General Motors Cor)?—
22,300
-
17
3% Jan
2
Apr
5
,
46% Feb
104
Mar 11
.
36
Foods
General Mills
>
98
.
100
Gen Gas & Electric A__
70
Feb
'51
Corp———No par
$4.50 preferred..—_——No par
V
*18
100
Gen
No
pat
900
7 Coinmon——No
par
700
Gen
Outdoor Adv A
7
"
103%
12
4%
v
'
> 41/8
*100
>
109
" """*A>
Precision
Equip Corp
-
hi
17s
%
•26%*
10
$6
.
87/a
27
-
v
16"
•
8%
57%
•
59%
14%
14%
3%Jan
V; 59% '59%
V
14%
"
v:
58%'
59
600
.-No
General Shoe Corp—
320
Gen Steel Cast $6
12% Jan
5% Jan
4,
Jun
7
2
'
"
101
127% Aug
-
> 48(
Dec
Mar
Jan
7%
Jan
110% Nov
%
Jan
Dec
16%
Jan
>08% Jun
5
% Jun
>
105% May
A Nov
>
106%
Jan
37:
5
9
x
18
9
16% Apr
19% Jan
5
14
Feb
7
•79% Jan
19
Jan
5
•
% Nov
28% May
10
-
4%
•
Sep
4%
31•
12% Feb
Va Mar 26
__1
3
10
107% Jun
23
Apr
23
Mar 11
14% Apr 28,
8 % May 27 v
55% Jun 12 7
—No par.
preferred—No par
% Jan
10% Apr 27
par
3
8 7
109% May 13 •
18
A Jan
"
General Refractories
;
V
i
4
103% Jun
_l0c
Railway Signal
1,000
'
"
par >
preferred
100
Gen Realty & Utilities
1
>> $6 pref opt div series——No
par
> 500
-
16%
8%
.No
•6%
3,000
.27
'
Gen
300
30
%
277-
:
...iV"
8%
8%
Jan
.
•
> 10% Mar 11
1
i
preferred—i
Gen Public Service——
"
107
>76
"15%" 16 7
*8%
*100
,
16 V".
%
•
General Printing Ink—
2,000
11% V 11%
-
107
26%
*15%
V
*100
30
16% Apr 20
1% May 13 '
■
•
.11%
..
.
MV-~%
•11%
11%
11%
26%^
.
V
-16% Dec
2
Jan
16
>..V 2%
.2'/4
No par >:
6%
100
72
No par
> 16%
General Electric Co—
1,700
VV 2,
Va:^
'4%
4%"
107
A
-
-
-
2% Feb
2% Jan
11
6% Apr 22
par
'
preferred—
Cigar Inc
preferred—
7%
80
79%
>37%
•,
2
12 "
>03%
Va
11%
87/a
*8%-
•
-
2% Jun
No par
General
128
•124.
a
-
19%,
2 ... ...
4%
♦A
26%
>15%
-
*55%'; 56
>
108
*100
26%
Ji
27-
V> -BVa
VA
107
May 27
Jan
3
Jan
3
Jan 28
4 7
May
17
5 v
5
cum
'
"4%
11%
11%
•
Sep,
Sep
Nov
Jan
Jan
Jan
16 Vt July
103
Nov
Dec
Dec
—
45
38%
19
94Va
45%
"13
18%
105
! 42%.
*
Dec
5 ,24 ;
12% Jan 26
<
9y»
134Va Feb 21
105
17
May 29
10 y4 Feb
7
2%
13
16
Dec
May
,32% Jan
5
Jun
No par
4,800
-V
*72
7%
"
*A' /.
-
11% Jan 30
-
Mar 3
27
Apr 29
15% Apr 24
851/# Apr 10
50
General
;
1
*78%
124%
*18
•
12%
*103%
i
-
%
Mi
15%-
-
2
"•
107
-*26%
%
>26%' •28"
> *15%; 46 '
H -8%
7:
*8% ?
17/a
*11%
.
4%'
108
*103%
108
*107
>
108
-
Jun
5
.__5
Class A
;
24,200
■
118
*126%
'
*4 '/a
AVa
"
12
11 Va
*■
*103% >108 >
*A *
%
*
11%
12
v4
%
♦107
12
■
*
•
2
12
-
-
v
>
6
97'% Jan
;
Dec
12%
90
31%
8%
98
5
3)
Jan
r
'
19
19
"
'
•v
t 108
'
;
12
4%.
4%
*3%
*18'
V>' ' 2
2,
»ii%
11%
11%
♦105
V
.....
1%
7
*
•
6
40
par
No par
7
>70
•
'
•18
34Va, Feb
12
5
5 Vh Jan 13
36% Mar 19
May 28
16
■
1
preferred
300
;
32
s
%
-
128
37% " 38
s v
114
10
General Bronze Corp
General Cable Corp
"
37%
117/b Apr
.
.'8%' Dec
*
96% Jan 15
-
6
400
26%
*113
;rt'-
*77% *79%
*126
;
,
9
18
300
.
125
25%
%
%
Jun
92% Jun
39'/a Feb
Mar 21
1% Apr
Amer
$8
100
"
i
-1
1
1.
19
98
14
1% Jan
200
8
75
125
26 y.
1
•
125
30%
-
6
Jan
27
27 r
30
• 2 ■
>8% Apr
Transportation
General Baking-^
20
f
*2%
"
v
-'1
MS -1
♦126%
74%
'18%
25%
25%
•
.75
.
*18%
125
7
V 25%
117
♦112%
.
75
18%
18%
Jan
11
29 •41% Jan
3
23
11
Feb 19
No par
'
I* *73
>18
87
*
-
^
'■■■
(The) cl A—
Co
-
•
4
9
1
$6 preferred
Gen
2,200
*17% >18%
•*3
Jan
Mar
Mar
Jan
July
Jan
Jan
Sep
21% Feb
3
—100
Gen Amer Investors
100
-
3%
114%
3
Co
preferred—
preferredGaylord Container Corp
5%% conv preferred
600
37%
*112%
4%
*112%
114
•.> 3
114.
45%
24%
13
100
v.v '
26%
14%
?
AVa
• 27%
30
25
5%
:
102
,•
*36%
»2%
..
Dec
Jun
Dec
May
Dec
Deo
Apr
Dec
Dec
20
.
No par
Gar Wood Industries Inc_
100
10%
*49
*3
2%
#7
Vh
-
112
3%r
*3 h
.
3%-
•
a
3%
♦112
32
16%
6%
90
19%
8%
2%
14y*
86
-
.7
21
Inc (Robert)
1
preferred----------_ta20
Gamewell
1,300
>
'
4
,
•
Jan
Apr 21
May 22
Feb 10
Co
-6%
.
%
'
50%
xlOO
37%.
*4
*100%
V,
Galr
900
300
*6%
2%
*
19
•18
10
*49
1%
10
Deo
4Va Feb
-
-10 .av 27% Mar 14
—10
9'/a Apr 28
i
Trailer
conv
Gabriel Co
700
A
Mar 27
1
preferred
prior
Fruehauf
•:>—
•
'
Jan
18
^mon & Co Inc 7% pfd—100
Freeport Sulphur Co_——
_10
500
-
-
30%
15
^
F'k'n
2
*9%
7%
>10
10
*49
f
*6%
*3% v;4>;
AVa*
37
7
7
9
-
*49
102
♦100%
7,v; 37
i
9
50%
•
*4
4%
*100%
9
••
*49
50%
*49%
*1%
1%
*9%
,
-100
Francisco Sugar Co
700
17
1%
1%
9%
7% Apr
29% Apr
.
8>/4 Apr
;
87% Apr
87 Va Apr
1 ; 29% Apr
;
9% Jan
J
86
May
$7 conv preferred—_——No par
150
Dec
,18% Jan
2
,
1__10
Machinery Corp_j_„
Foster-Wheeler—
1,000
88 %
•
,
No par
Steel
conv
Food
250
32
88%
-
Apr 15
bFcod Fair Stores Inc—
900
Jan
21 Va
•
37% Jan 16
29% Jan 29
8% Jan
5
93
Jan 31
24% Jan. 16
10%.Feb 10
y^
•
Apr 18
Sons Co——No par
(Wm)
Follansbee
•
*1%
1%
6% Apr .23
x73% May 14
8j
10
*5%
Nov
12 May 28
27%Apr 28
19% May 27
20.»
100
320
7 7; ■:
Aug
7% Aug
Mar 24
26
23
5
,.
600
•
•
5% Feb 24
May 20
___2
800
?
5%
*16
2
1J Jan
-No par - V
$4.50 preferred—-——No par
Florence Stove Co_
—No par
17
l7/a
9%
20
$2.50
1,700
'
53
*31
91
1%
*7
Jan
% Jan
4% Apr 24
3
——■
Florsheim Shoe class A
10
5%
17%
*88
10 Va
7%
8%
preferred series A__
6%
.
"
123%
*45
*16
•
91
*1%
2%
*7
3%
First National Stores—•
No par
Fiintkote Co (The)
-—No par
31 >
i,
*16
,
53
1%
;>
7%
Deo
Deo
Firestone Tire & Rubber.—
100
r
9%
31
••
5%
*45
•
'
7
lVa
4
1
—5
preferred-—
conv
FUenes
-2,000
,
•
(
3%
9%
*9%
is '2%
3
*7
12
—5
1
Fidel Phen- Fire Ins N Y——$2.50
t-:
(
34
*9
122%
16
>
'*3% >
*33%
10%
1%
16%
2% Jun
,*„
Enamel Corp—
Ferro
l.ooo ;
">i.>
.
.«.
19%
118%
ioy4
•
*9%
17
*2%
1%
42%
3% Jan
iSiSii
1%
Dec
'
30%
118%
5%
*45
17
•
*88
'
30%
44
? 11% Apr 28
77 • Mar 12
26%
•>.
9%
:
30%
117%
:
53
*31%
17 7
91
'
27
No par
■•
7'
.
'
*18
34
*9
10
9%
117%
.
16 Va
5%
*45
32
v
*16
*88
Jan
No par
100
*—<
97%>
' ;* 19
j
20%
3 V* *'''
;.:34.,a'
,
*15%
9%.
*14%
»:
5%
53
.
2
10
,
F
'
5
*67% 7 75
32% Jun
Federated Dept .Stores-—
.•
t
11 ^ 11%
'
19% t 19%
29% > >>307..^ '' 30
29%
7
:
9%
h'y *116% 117%
118
*116
16 Va
*9 '?
9%
Deo
Federal Motor Truck.,,
100
'..ujammw
j
-
96
*18
20%
7 *3%
!3%
33% >34
;■/> *9
9%
3
34% '
•
:
*9
Deo
2%
200
I
14%-16%
16
•«
•
97-t
*86
19%
'
♦18
20%
3% >7::>A3 77V
34%' r>
34%
;;>;>,*3V:7
3 V2
34%'
AVa
500
.
9%
'-
>,• »T
>^.>3i.%vi32%'.
'
f
20
Federal-Mogul Corp—
'
**19%'-19%
7% Jan
6% Mar 10
Federal Min 3s Smelt Co_„«.
200
u 100
80
:
t^37% ;. 3a
•
.14%'
.
*75'
'-*8%
-
..37.%-38
...
16
97
"
*8% --9%.
•
^
.
14%
•
80
share
4
FaJardo Sug Co of Pr Rlco__„__20
Light & Traction
15
*
$6 preferred.—„——
-No par
'
80
>32•:: 33
-
96
7
•
.
?
:
x
>>a*3%':;>3%>.
.,.*13 > " "13%
*
V
\
Highest
9 per
2
Federal
100
'
~
21
• *8%> 9%
;
300
i
>>-s>:
'*74%'- 78
••
•'
*8%
per share
3% Jan
Fairbanks Morse & Co
600
2rva
t per share
i
4% Jun
Exchange Buffet Corp
31%
*20%
>>*6
•
.
*20%. 21
3%
37
*7
.
*6%
13%
'""37?
>
20%
(
9%
>7 15%
97 "
•
*86
•
—
•"
20%
>»8%
15%
*95 %
r >
:
•
32
.
78
>7 *8%
'•
;* 15%
I
*74V2
< •
3%
33 {.,? r>31%
J
-
-
,V
■7
.'A' ;' V 20% :
*8%
9%
36%
36%
*7 > 14% *
"
■
14%
*94% ( 97
*6':>V
13%-' •: *13%
*75"
80 ::••>
*75 •*
9%
••31%
33
>10%? 11%
•
^V-
79
>8%
15%
-
13%
21
21
;
,
9%7
3%
13%
> 79
•'
*7 ;■» 14%
'•15%
3%
13%
"35%
•
21
*3%
9%
35%
-
78
>
>' 9%' :>>V»8%:
"
'
•
21%"
*20
;>
21 r-
> *8%
32%
$ per share
No par
"
*74%:
78
*20%
.
l
•
32%
32%'
.»>.6%::;7-6% >:
7
,v? *74%
20%
I
9
21%?
•'! *6%
7
*31%
*20%
Par
Year 1941
Lowest
No par
100
Co
Corp—
.
V 32
;
20%
>.>>'■
v-
•
Range for Previous
Highest
Lowest
—
2%
•• 4%
Range Since January 1
On Basis of 100-Share Lots
EXCHANGE
4,100
{Erie RR common..
23,700 >
Ctfs of bene! int
—;
1,700
5% pref series A—
2,200 >' Eureka Vacuum Cleaner
1'
\
STOCKS
NEW YORK STOCK
"
'
Shares
y \
5%
34%
-
the Week
>">■'.
5Va
-
35--
4%
21%
"
5
Sales for
.
j per share
■
"s
J:
'
June 1!)
5%"?
47/a
2%
4y2
' '•
Friday
34%
2%
yr' /•'• I
•
share
*5Va
34%
2%
*20 %•
9 per.
4% ?
4%'
21 %>
2%
1
*%
34%'
'.'.i *4%
'4%
*4% '*■
■«;:
5%
5 Va
4%
•
V
June IK
# per share
5y8
.♦
June 17
*
•
> $ per share
$ per share
•
•1
Thursday
Wednesday
:
June 16
■>«
53/a '■
.7
Tuesday
Monday >
"
June 13
•
•
% July
> 25
Dec
29% Jan
Dec
8% Dec
11%
-
Jan
46 Va
Jan
60%
Sep
16
Dee-
24
Aug
r:<
•
14%
>11%
i-V
12%
*14
f
•11
*103
V105
105
.14
s
12%
*31%
V
108%
*103
'
14 'V''
13%
14%*
•
r
*11
12%
109
1
•
'
*12
12%
*103
i
v
'14%
109
13
*103
14%
*
-
109;
12 Va
*103
"14%-
General. Telephone t Corp——-20
Gen Time Instru Corp
—No par
1,600
.
12%
•
109
~20
'
6%
preferred
20
13 Va Mar 30
1
100
Jun
16
13
Dec
22
24
102 ;
Mar
112
10% May 28
6%
Dec
16% Jan
May 21 7
11,
105
110
15
Feb
Jun
>
Dec
*
»
*9%
.•
*9%
10%
.
10,
•
-
*3%
3%
49 y»
49%
*4 %
:'■>
3%
4%
T4%
43
*40
*%
<
;:
7
7 <
r
*80a 82
*4%^ 74%
'"
f
,
:*6% ?
28
7
28
i
'
>24 +■'■
7'
20 "
>10%
>93/4:
*1%
-
>63
*40
42 V:
>7
,%
:i8.7 >
71% 7
4%.
x71
7
'2%
••
7-v^
•
T
65
*7%
r.'
*6%
X28 %
-
7x 7%.
:
•4%
7
;
*28
-
-
23 "
23
'
,7% ',
>'7>7;7:'"-:
28% >
*24
25
7%
7
28%-
*24
25
*50
—
>
*23%
139%
140
53
*50
53
*28%
30
•
'28%
28%
28%
28%
29
7~ 12Va
12Va
12%
12%
.12%
12%
Xl2.
*10%
11%
H
;io%
7*2%
V 69 >.
*10%
11
10%-
r't
2 ' 7;
>64%
..'*10%- .11%.
-10 •
10%;
,v.
•
f
2>
64
!
y
-
2y4
>2%
*10%
•2%
2%.. >
68
*■
2%
20 y»
20%
20%
-
20%
>23%
>21"
:
:
,
69 V
.
10%
2%:
72%
2%
2%
20%
21%
21%,
*31%
33
*31%
*11
ny4,
v
2%21
"
-
-
v
7-"
;
.
2%
21%
>10
2%
2%
*20%
40
1,200
(
*
•*31%
*31%
•
'
J
33
*10%
11 Va
"•*10%-
*8% >9%
.'*8%
*97
-
98
;*97
-
For footnotes see page
33
:
11%
8%:
98
1 ;
:
.
•
8%
97 '
8%
98 -V
11%
••
8%
97
23%
-
*20%
33" " "
*31%'
33
11%
*11%
11%
.8%
97 '
8%
*97"
,23%.
*20%.
23%
*31%
-
"
8%
100>
*s.
*97,
>
8%
\
100
v-v-'7.>: H-:
»
•.
»
•
;
■
80% May 20
2
:
Jan
600
Hamilton Watch Co
>
6%
Prlntlng^ <?o;_:
preferred!!;;^
!
••
•
v
4% Jan
.
—2S
i
;
No par;
1Q0
,
Dec
.74%
10
Dec
20%
Sep
Dec
00
Jan
Jun
1
25
2
5% Jan
>
3 % July
68 Va
Jun
Oct
Nov
10
1% Jan
3%
Dec
6%
9
Jan
12
6%
Dec
13%
Jan
14
5 7
Dec
12%
Jan
31
Jan
13
Dec
36%
Jan
25
Feb
3
23
Mar
25%
17% Apr
•
6
2
12%
Dec
18% Nov
28
,
-
v-
July
28-
197/a Jan
28% Jan 27
July
144% Aug
Dec
Jan
14
135
Apr
1
42
33% Jan
3
29% May
12% Feb
4 ;
9% May
14%
11%. Mar
A/
10% Jun
11%
143
<
52
'
•
14%.Jair
29
13
4 > Jan
24
»
Sep
Sep
55.
Jan
Dec
4% Aug
1% Feb
Feb
9
29% Jan 24
Dec
36%
Apr
>18% Sep
> 3Va July
•1% Feb
30
3 :
f
:
10% Dec
6-
3% Jan
2
54
Mar
76 ,: Jan
,
Jan
28 Va
18 % Dec
25% Feb 27
Mar 31,
2% Jun'
18
Jun
..
Dec
7% Jan
•
19
Jun
%
.
8% Jan
Apr 24
10% Apr 25
-
23%
Dec
:>
•
.«
19% May. 21
-
29Apr 11
8% Mar 16.
r 8% Jun .10
* 95
Mar.ll
r
54
Feb
1
3 7
25
,
Sep
Jan
59:
6
2
Mar
Apr 21
50% May 4
'.>-7 •>'r
_25
2% Jan
2%
.91
'
130
par 7 '
..
Dec
Dec
21% Nov
16
2 7
% Jan
20
>
Dec
Oct
11% Apr
Jun
3
7
7r- 22% Apr 28 7
No par
:_10.
.,
Jan
67 -■Jan
"1% Jan 20
58
•.
preferred. elas». A—;
Hall.
90
60% Jan
14% Jun
par
l
v.-
46
A
15
-
-6
Apr 25
22% May, 4
7 23 Va Mar.31
100
Water;—^
600
-
?
•
Hackensack
Sep
Deo
2,'
17
8
2
,
.•
100
preferred——!—-No
7%
12%
71% Jun
17% Jun
Jan
6
GUlf Mobile & Ohio' RR—No
par:
$5
> 17%
80
5
loy4 Jan
Sep
74%
Dec
35
.
13
AlrcraftCorp—
L
..;g V»
Sugar—!—>_-No par
.1% May 22
preferred-.,—1——
:im > 48% Jan' 2
,8%
900
100
Feb
18% Jun
Grumman
1,400
f
Sugar
82
2
Guantanamo
33
U?/4
:_20
Preferred——;
570
,
>21
preferred—
Greyhound Corp (The).—
> 5% % ;conv preferred——
1,900
>
;
_io
—
Green Bay to West RR__
Green (H L) Co Inc.
200
21%
Co—
56
No par
No par
No par
700
69
*2%>
1
—
dlv ctfs_
w
Apr 30 7
Jan
;
13
Dec
Feb
29
77 74
9%
11.
30
2% Jan
Great Western
•
6,500
ia v-
>
li Jan
8
No .par*
II
"2Va
15
xl% Jun
Gr Nor Iron Ore Prop——No
;"
11%
67
-2%
-21%
'
% Jun
1
44
54
Dec
60
4
2
Great Northern preferred-
1,400
Feb
37% Jan
1,500
30
11%
*10%.
70
5%
17
1
City Steel
(W T)
Mar
15
50
4,100
53
•
*29 Va
.
Grant
300
-
-
*138% 140 > '
V.
V
2%
"69
•
Granite
1,600
23%
*50
10%
--10%
'
•
300
i
i
Grand Union
1,000
7'
15 Va.
20%
23%-
29%
•:
:;>'•>
>•
143/4
53
2% '
*20 ya
23%
V
1
10%
69
20%
:
*50
11
*2%
20%
53
25
'
20
12 Va
*136%
7.
•liya
•
7
•
23% ?•
139%
•
29
*24
15%
207/a
\ 400
-
4%
14% July
4% - Sep
J
2Va May
34 Va May
20
65% Jan 27
4
•
<
9
5% Jan
2
(Adolf)
—_—
-5,900
7%, "•
28%
-
20%
29%
-
*7 Va
!
*15%
140
4%
r7
4%
'73/a
•■
7%
7%
*28%
"
Ji
--
*6%
;•
.
23%
23%.
140
'4%>:
li
200
-
6 •
50 % Jun
Apr 28
May
Apr
12% Jan
5% preferred•.
—No par i
Goodyear Tire & Rubb
No par
$5 conv preferred
—No par
Gotham Hosiery——'—:
No par
V
"> preferred
100 > x
Graham-Paige Motors—
1
Granby Consol M S & P—,——>_5
V
3,400
>■-'
65
'■
7>" 50
•>
"
7",
20%
20%
23 '
» Ji
*6%
•15%: •16%'
140
*4%
800
200
,•
-
4
par
Gold & Stock Telegraph Co.
100
Goodrich Co (B F)
—No par
6,400
.81
>2%
65
No par
(The)i—-i-i—No
conv preferred
6,200
•
"
-
65
\l
;
17
>
A
Goebel Brewing Co,
703/4
16%
No par
1,100
(
17%
70%
*79
2% '
Gobel
600
1%
85 vV:>'
17%
-
17%
2%'
v>- li
4%
"7%
7%>
; 23
>
82
*60%
.
5?
1% .7:
preferred;
$6 preferred—
4% %
7Va Jan: 12
No par > >3
Jan
2
-No par
x40y8Mar31
Glldden Co
41
*%
conv
5
Gimbel Brothers..
200
>4% >
*76
-
*2%
■:
>
71
17 Va
*78
-
>40
>
$5
Co_
Safety Razor—
200
>
55%
-14%
v
.
17%
'
:
7
-85
17%
>
17%
82
•
>7*60%
-
*76
Gillette
1,600
;
7 4%
*51
% (v'
%
■1% >1 %-
•1%;; 7.
17%
*80
,
65
%
,
85
,71.
7>
7, 25
('-■>> ->24
15% 77
i'-a 15%
>
20%
-7 20%
2%
•
42
*
12%
29%
12%
-•
'
•> 7>
■
14%
*50
55
-
*4%
r
*14
1%
,•
79%>:::
:7;, 3 7;< >
15%
23
138
.
•
>.
17%
li"
14%
17%
•
-
55 y2
vl:400
'
Rubber
General.Tire &
700
50
*4 Va
>
*51
*76
'
20%
•
49
-
4%
55%
140
*50
,
>> 20%
23
*135
»
25
:
*15%
>
•
20'/a
23
77
25
•
25'
,■"15%. >5%
>>
:
28%
27%*
7
r-
;
71
85
<
18
x
2%
-
r
7Va
.7m
'
7
>
4 %'
•
17
79%
•
U
'4%"
49%-
*4'/a
'
*40
rll 1%. 7>.'
71
•
77
2%
-7V<
: 7%
•
65 f7Vr
//-:>%•
li
7%
.*76 17%
85
71%
>••• *60' >
65
*48%
4%
7*
1-4%
42
*%
17%
?> >2%
2%
*2%
*60
'
1%
80 v
:
'3% " 3%
s49%'
;
~
"3%'
4%
*51
•
14%,
1%
17%
: so >
r
"
49
4%
55%
•40
:*.>■ 71%
71%
17%:- 17%
7
*4'/4
%
85
A'3%
49%
49%
*50%
>." 43:;
»76> : 85
18
: 17%
17% " 17%
*70%
;
•
-3%'
-*14
>> .,1%
' 2
*76,
*40
• •
•••;; 10 v
10
-3%V 3%
10%
'
14y4
JH
?
*1%
'
s-
'
3%
3%
55%
-*i4 v
10%
*10
"
4%
4%
*52%
55%
*14
*9%
'
49%
*49
-■•v--:
*50
!*
*••
;
9%
10
..
25
33
:
Feb
s
.10% Feb
106% Feb
2343.
9
19
6;
7 •.
7
23% Dec
11.-
Jaw >5
12 y4 Jun
;
: Feb
8% Dec
33
87/a ,Dec
••
rt<w>
*
•
33 7 Jan
38
Mar
16% Jan
15
linn.
Jan
.I11W
.
Monday, Jtlne 22, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
2338
NEW YORK STOCK RECORD
$
share
*127
1V4
1%
1%
5
55
*53
11%
*10%
58
*55
59
128
128
128%
H CM OO
*35
36
*34%
36
*88%
93%
*88%
93%
*53
11
58
38%
*36 %
93%
*90
93 Va
13%
>12'/a
13%
*121/4
13%
:*12Va
13
*121/8
13
22J/a
22 Va
22 Va
22
'
*113%
*113%
■
34
*32
33
9
9
>
8%
IOIV2
Hires Co <C E)
24
Holland
*22%
*6%
>
9
102%
IO2V2
2%
2%
33%
33
33%
1,000
33
*32
Howe
Dec
40% Jan
5
33%
99%
Mar
11
13% Jan
5
12%
Dec
11
Mar 21
13% Jan
22% Jun
12%
Dec
18
13%
Dec
2
14'/4 Jan
111% Feb
107%
Apr
30 Va
Dec
52%
Jan
24
Dec
39
Jan
5
hi
Jan
29
ll
38% Feb
/
«
7%
2
10% Jan
29
;
29
44
Jan
20
,i
1
105
Jan
26
24
3% Jan
14
2
34% Feb
2
% Feb
Jan
12
Feb
6
;■
4% Apr
2
:
1% Apr
13
Jan
27
Jan
27
t c
25
2% Apr
29% May
5
Sound Co
May
%
I2
3Vt
*2%
18%
3%
*33/4
3%
3%
3%
%
%
*%
3%
3%
4
3(.
11
"•
ii
74
%
%
t>
■
'
2%
ii
10'
C
100
preferred
5%
v
_
_
Jan
1,100
Hudson Motor Car—-1..
IHupp Motor Car Corp ,./
No
^
par
.1'
•
21
17
3Va Jan
•
4
2 r
•
16% Apr
Hud Bay Min & Sm Ltd
; 1,000
-ii -v-
2
J——100'
_
1,200
.:
3% "M
3%
%
11,
;
19 V4
3%
3%
•
•%
2%
19%
% Jan
100
Manhattan
&
2 !
•
^ Jan./ 2
•.
♦34%
35%
5%
5%
5%
13 Tb
*13%
3%
*3%
3%
11%
11%
11%
11%
11V4
♦11%
11%
11%
11%
11%
*6%
7%
6%
6%
*6%
6%
6Va
6%
24%
24%
*23%
24%
83%
83%
*23 %
*23%
24V4
*82
85
24%
-
88
*83
■
85
*82
♦ 1 RO
*1DU
*150
*3
3%
*3
3%
*3
10
10%
10%
10%
6%
*5%
6V4
*5%
6%
*2f0%
21%
21%
21%
21%
7%
7%
'•?
46%
46%
:
5%
•
'
•
129
':
-
7%
7%
5%
5%
427/a
♦128
131
*128
9%
9%
6%
45
V
2%
*1%
42
28%
51
/f'.
9%
:
51
v
9%
51%
/'
*1% '
*1%
2
♦41%
2%
42
43
10 Va
2%
2%
*1%
■
28
28
*28%
; „
29
*91%
v*27%
.
'
29
■
2%
27/a
*2%
8%
8 Va
.
*2%
8
64
Jan
111
Jan
2%
Dec
5
3
26%
Apr
2
A
Dec
1%
Dec
3%
Jan
15% May
21%
Sep
4%
Jan
Va
*7%
8%
:
*26%
27 %
/
.
27%//'
*26%
*95%
96
*6 Va
*22%
18%
56
63
63
2«
130
6Va
6Va
23%
*95
54%
56
130
18%
18%
-
56%
*53%
125%
♦j.25%
8%
9%
56%
*56.
58
63%
57
63%
*8 ,v
63%
64
64
8%
8
8
9% Z
9%
9%
*8 " ;
9%
,
58
*56
56%
*56
*63
\
•
:
*8
6,900
300
600
,
8%
!•
100
—
—1
1
preferred
% % preferred
Manville
100
i
No par
Johns
;
Preferred
.
Jones &
/
—100
—No par
—
Laughlin Steel
100
100
5Vn pref series A
5
pref series B conv
..Joy Mfg Co
—
8
Dec
111%
Jan
Jan
12
154
Sep
161"
Jan
4
63
Dec
f
85%
9Va
3%
18 Va
f.
*7%'
7%
*8
8%
6%
9%
1,400
*120%
":'
;•
.13%
Z;;Z:
■:
6%
*100
105
27%
28 Va
*8
100
*
■
105
*13%
Kan
'V;
*1%
& Furn—
City P & L pf ser B
19%
22 V*
22 V4
•22%
26%
26 Va
26%
9%
9%
31%
9%
*9%
*26Va
*26%
29
■/
19 %
«2V4
3
11%
7
28%
f;
28%
13%
13%
13%
26
26
'
'•
*
•
2
*1%
34
1
*33%
19%
*2%
3
2
'Z;
■':-V"
Dec
3
107
July
113%
Jan
9
Feb
8
Dec
Jan
14
6
Dec
Jan
5
140
May
Feb
9%
♦28 :
22%
27
22%
22%
22-% -Z
*26%
.
26%
26%
*2214
26%
V
*26%
22%
9%
10
11%
11%
11%
11
/;
32%
31
31
31
.
31
.
12%
12%
12%
12%
♦12%
12%
12%
12%
12%
12%
*12%
Jun
9%
*8%
9%
*8%
9%
*8%
9 %
*8%
9%
*8%
9%
*19%
20%
*19%
20%
18%
18%
19%
107
107
♦107
110
20%
*18%
21%
21%
18%
19%
21%
*21
18%
*18%
*18'/a
19
;
21
21
22%
—
19
*107
110
110
109
-
:
109 '
*105
*%
*2%
2%
*Vi
1
'
12%
*12
19%
19%
12%
19%
12 %
2%
1
Jan
31
:
11%
2%
2%
1
11%
*2%
2%
19%
Va
;Zv, 12
V
%
12
19% -19%
-
'
;
2%
1,200
Dec
May
131
■15% Jan
5
Feb
20
Sep
51%
Dec
73%
Jun
1%
Apr
2%
Sep
10%
5
26
30
38%
Feb
5
26
25%
19%
1,200
19%
19%
19%
*19%
12%
♦12%
12%
*12%
12%
*12%
21
21 Va
*21
21%
*21 Va
21%
24%
24%
25
1,000
•
12%
21%
25
*24%
25
24%
4
For footnotes see page
2343.
4
4 V8
4
4
-
4
25
4%
24%
4
►
25
4
Va
■
Lehman
Corp
1,700
Libbey Owens Ford Gl'iJ——.-No par
4,700
Libby McNeill & Libby
-
_
.—7
Sep
Sep
4
1%
Dec
5%
Feb
Jan
12
87
Feb
Feb
2
7
Feb
«mn
20
14
Sep
98
Sep
*
9% Aug
Dec
124
5%
33%
Aug
Mar
26%
U
Jan
134 Va
Aug
14
Dec
Jan
Mar
2
33% Jan
107% Jan
5
31%
Dec
5
107%
Dec
111%
Dec
4
49%
Dec
71%
Sep
8
62% Mar
122
Jan
44
Feb
128
NOV
Xl26% Jun
16
24% Jan
3
16%
Dec
27% July
64
Jan
6
59
Oct
67
79%
Jan
3
64%
Dec
86% July
11
Jan 20
8%
Dec
14
9% Jun 18
3
120% Mar
4%
Deo
xll6%
Jun
4% Jan
Jan
27
22
11% Feb
<
/
8% May 12
100
6%
104%
Jan
9
Aug
121%
Apr
Dec
9%
>
4%
Dec
105% Jan 20
/
98%
Feb
30%
18/
Dec
7
Dec
127/8 Mar 16
7% Apr
"37% Jan
,3
13% Jun
11%
11
Jan
3
-.2% Feb
5
29/
.
14% July
38'
Dec
3% July
Feb
40% July
21.-
i
Dec
26%
5%
2% Feb
5
11% Feb
17.
24
30% Feb
18
17%
Jan
Feb
20
10%
Dec
Jun
*
Feb
24
;
19 /:
v
.
7
,
„
Sep
29%
Jan
17%
.
5% Feb
14%
17
Sep
28% Aug
x22% Mar
29% J an
21%
Jan
Dec
23%
22% Jan.« 9
'-'3% Jan 23
-'9% Jan
Mar
39% Julv
1%
5
13 '
Jan
'
40% Feb
27.'
Jan
8 %
106
?>
Dec
25 /
Jan
Aug
22% Aug
>14% Aug
Mar
95;/ Dec
V
May 19
6
Dec
100
Sep
12%
Dec
9%
13
Aug
121% Mar
Dec
13%
5
100% Jan
-
2
27
2
15
Oct
Sep
45% July
"14%
Sep
Jan
13
Dec
27% July
V ,
Aug
18% May 29
23% Jan
9
.19%
Apr
26%
106% Mar 30
113 -•>' Jan
16
107%
Dee
116%
Jan
Jan
26
1%
Jan
5%
Aug
July
-2
2% Jun
Va May 25
8% Jan* 7
17% Apr
J:—1
(The)
Lehn & Fink Prod Corp——_ -~—-5
No par
Lerner Stores Corp
Oct
33/«
Jan
8% Mar 17
_
300
100
1
24%
_
49 /
104
3%
9
9
15% Apr
Cement— —'-25
Jan
Dec
%
132
Oct
31%
Jan
1%
95
Apr 28
par
5
conv
48%
Feb
05
Jan 26
.Apr 13
May 19
Sep
Jan
fK49>' Oct
Feb
May
9% Jan
„
31%
32% May
13
;
7Va Apr 29
-
12
♦21
*24%
4%
July
Dec
125
3 Va Jun
11% Jan V.2
-100
preferred
tLehigh Valley RR
1— —50
.No par
Lehigh Valley Coal-i—
_50
6% conv preferred--——
v
700
%'
%
•
>*11%
*12%
*21
2%
*%
1
12%
21%
4
2%
12
Portland
Lehigh
'
"
12
19%
12 Va
*20%
200
4
1%
z 23
39
par
-
Nov
4
98
>3
.No
Bryant—
13%
4
32
.No
(The)
Lee Rubber & Tire
50
21%
♦12
4
2%
MS
12%
Lane
—
400
...
109
-
*2%
—
Co
Apr
28% Feb
3 '
21% Apr
r
preferred
5 e!o
Lambert
Jan
6%
48% Feb
•
100
Laclede Gas Lt Co St Louis
190
"
♦107
Kendall Co $5 pt pfd A
'—No par
Kennecott Copper———No par /
■:
2%
130 > Mar
May 15
;
Dec
17
3
32%
4% Jan
1
B
Jan
%
17
45
100 '/ May. 6}
26% Jun 2 100 > Keystone Steel & W Co——No par
11% Apr 9
200 V'Kimberly-Clark—-.
;
--No par /" 25 /May 6
Kinney (G R) Co—
1
1% Jan 5 ;
'
$5 prior preferred——No par: - . 33 "Jan
10
9 ;
Kresge (S S) Co—
-10
/; 17
Mar 31
1,000
500
Kresge Dept Stores—
:
'—I
2% Jun 15
—No par
: 19% May 6
1,200 % Kress (S H) & Co—
600
Kroger Grocery & Bak—-No par
22% Apr 29
10
17,200
800
12%
*8%
*18%
Class
490
11
31
400
July
46% Jan
—
26%
29%
5
Jari
167%
87
2% Jan
■
"
3
;
preferred-100
Kelsey Hayes Wh'l conv cl A—„ 1
>11% Jan
170
60% Jan
Feb 10
Mar 17
Jan 2
May 26
Apr 17
May 18
:■;£ 7
Jan 7
99
Apr 28
> 10% Apr 24
Sep
Dec
150
19
12% Jan
ft
6% Jun
27
Jun
42%
4
18
% Jan
2
Jan
3%
160% Feb
10
5
-No par '
117
No par
2%
100
16
—1 //'
6
100
85
Kayser (J) & Co—
Keith-Albee-Orpheum
Sep
Feb
.,
'
22%
Dept Stores
Jan
7%
Dec
6
19
29 '
•V 8
20
151%
16
52 *
24 ;
-
34 '//
19%
19%
100
400
.
25%
25%
Kaufmann
'
105
*100
29
*33%
33%
*2 V8
3
11%
*6V2
100
*1%
:-Z/.'Hl
19%
*2%
.
-
*13%
,
>'i:
33%
2Va
,;
2
19%
19%
2%
.
13%
*1%
2
"r
26
33%
33%
19%
-26%
28%
4%
,
;
5%..conv preferred
V
8Va
100
*90
vSvvM
28%
100
105
*19%
*33Va
19%
26%
•,
8 Va
1
*6%
200
City Southern
preferred
—
Kansas
:
400
/,/
89
11%
*11%
6%
*100 •
27%
*85
100
*90
11%
*33 Va
33%
*19%
22%
100
11%
*13%
26%
2
>
800
.
%
8
V>.
8%
*8
8%
*7
89
*85
89
*25
14
*25
*33
22%
;
28%//
27
'
4
Kalamazoo Stove
A
>
.
33a
18%
18 Va
6%
6%
14
*1%
3
■:>
11%
*25
v/
*90
,
3%
18%
33,b
■'&.
8%
*85
88
*13%
/,
27
2
6%
27%
27%
*2V»
18 Va
*7Va
3%
18%
*7% > 8
3%
*17%
■
8%
*11
11%
*100
27 %
*90
100
6V»
■
*8
8%
10%
Zy
,
105
*13%
*85 ?■
88
v
*90
11%
*1%
*3% ;
3%
18%
7%
7%
*85
88
*6V8
24 Va
3V4
*17%
7%
Z:
7%
*11%
*100
3%
18%
./
'
100
*90
*3%
♦17%
1%
*7 l/ 4
.
*120%
♦120
—
9%
f
'
*17%
*
♦120
*120
*120
*85
9Va
13%
8%
5
27
If fgjg k :||ffi§Ifff fftf
9'/a
Jan
111% Feb
,
Apr 18
fl.
90%
10% Jan
7
May 4
May 15
122
Jan
9
17 V2 May 20
54% May 1
61
May 20
—1"
Jan
9% July
29% July
5
6% Feb
May 6
5%
18%
85
50'%
21%
Dec
; Feb
20% May
7
14
2
127
—No par
13%
4
25
23% Jan
21
18
Apr 13
Jan
2
Jan
2
Mar 28
——1
Co—
Jewel Tea Co Inc__
/ 4
.
4% Aug
Jan
7% Apr 29
*
Aug
Dec
74% Feb
B0,/< Anr 17
—ino
..
24
2
Feb
100
Mar 14
May 6
May 20
Corp..———No par
Jarvis (W B)
.
1
20
65%
^
*8
9%
$6
2,900
,:
56%
*63%
8%
-9%
100
—
Isiana ureps coal—
300
'
126 Va
56%
.
64%
64%
500
..
18% >19
19 V4
'
8%
6%
23 Va
55
19
1
.
96%
'
125%
18%
5o0
*95
100
55
InlerIype
200
.
i
*23
—No par
Dept Stores——No par
P^ferred
24
6% V
6%
23%
Interstate
1,000
,
8%
No par
Foreign share ctfs
130
*128
22%
*125%
126%
18%
*21
*128
96
/
55
54%
:
Xl26%
~
18V*
18 Vs
18 V*
56
132
4
96
96
*95%
.
55 %
55 Vs
'126%
132
*8
96
*95%
22 3
23%
*8%
•27'
•
*8%
132
*6*18
6% ;
6%
7%
Teleg—
10% Aug
Dec
28
Jan
157
96
1%
2
7 Va
50
100
Intern'l Telep &
600
89%
8%
*88%
27 Va
•
*129%
22%
56%
55%
►126%
27
27%
*27
♦129%
22%
23
7%
*88%
*
% Jan
.
39
26
26
par
Nov
?'• 45% May
12% Jan
Apr
Feb
Apr
Apr
May
Mar
Apr
Dec
4%
Apr 24
49
Jun 19
1% Mar 25
41/ Jun 11
No par
preferred
7%
10,200
;
3
89%
8
8%
8%
8%
*8'/4
*6%
6%
*6V8
*2%
"
*129V2
*22%
27/a
z
No
Silver
International
.
27/a
—1
International Shoe
;
99
2%
89%
>*88%
89%
♦88%
89%
8
8V4
8%
vs:
VA '•
♦88%
*129%
400
2%
100
-
Salt
International
5
-
8%
*7%
28%
*91%
preferred
c!o
2%
%
9% Feb
5% May 25
3% May 29
38
Apr 10
1% Apr 25
24 Va Apr 29
126% Jan> 39 Va May 27
.
200
2%
Jan
%
Dec
3%
,
■
Dec
Apr 24
May 1
Feb 18
.% Jan
-25
.—5
-No par ■■
Preferred—I—i—-—-—
100
International Paper Co
15
>.• 5% conv preferred—
,
-100
Inter Rys of Cent Am
-No par v
' .5^ preferred
100
•
*
-■
29%
99-
July
37% Jan
11%
16% Feb
147
-—No par
Internat'l Mining Corp
Int Nickel of Canada
100
27%
"*91V4
;3
3
*2%
8934
*88 %
120
41
27/a
2%
200
28%
27%
27%
3,000
27 %
-
99
3,400
.
'
2Va
*38
27/a '
*91%
2%
2%
3
* 8
i
///'
99
*28%
29
r'/ 29
29
v.;
27%
*27%
27%
>
29
*91V*
27/a
2%
3%
1/
.'
*91%- 99
1
43
43
41
*39%
42
*39%!
41
*27%
28
29
'
99
>
41
42%
♦41
42%
*41
v
16,300
.
49 V*
:
*l7/a
•
43
43
9%'
*9%
49
'
s
800
131
50 Va
49%
41%
41%
4
2,300
27%
/
*128
131
■'
-
27%
par
————100
——
Min & Chera
Internet
23,400
:
2%
*2%
/
28%
.-10
10%
50%
;
:
♦128
131
*128
131
5%
44
*43
:
'2%.
27%
9%
9%
2%
'
42
*41%
21 Va
*128 '
51
50%
27%
"
*
*
23b
27%
/'
;
131
'
9%
•
,
51%
51
27%
27 V4
27%
2%
—No
Harvester
Mercantile Marine
6.300
*2%
.
Hydro-Elec Bys class A
Va
7%
"
27
Internat'l
Int
*%
6%
5%
2%
—No par
...
Machines——-No par
Business
Int
Int
Va
44%
45
Interlake Iron—
,/Preferred
7%
2%
■/
—No par
Intercont'l Rubber—
.
200
5%
ev*
5%
44%
44
43
2%
2%.
100
100
•
*%
7%'
.
Jan
Dec
Aug
31
27
5'%
19%
103
5 V*
r
5%
109%
40
*
5,200
,
7%
%
%
7%
5%
5
•2%
•
%
7%
.
;
42%
*2%
Va
7%
42%
5
4%
*42%
*
%
7%
Z
>■
;
;
159
*155
156 /: 156
160
*156.
,
13%
Dec
36
100
8% May 20
.
—No par
Corp
6%. preferred
,.
>800
;•
46%
46
46%
/ X46 Va
47
46%
*%
%
7%
129
—1
*
100
2,200 /
;
5%
5%
'
*%
6%
6%
.20
Interchemical
10
X129
129
129
Oct
Mar 25
Apr 24
Jun
2
54
—No par
Co
Insuranshares Ctfs Inc
300
"
j;
162
*156
-162
23
Steel
100
Inspiration Cons Copper-...—
—
110
5%
•
129
Inland
5,700
■
*20%
7%
5%
5%
5%
129
V
*108%
110
*6%
7V4
*6%
7%
5%
' 128
46 Vi
46%
5%
;128
46"%
46%'
•156
162
*156
5%
■/
*127
129
*7
7%
*7
.
5%
*5%
*108 Va
Ingersoll-Rand—
,6 ^preferred—-
,
800
6%
*5%
21 Va
21%
21%
111
Kt-111.
111
*109
■' 111
*109
57%
57%
200
,
10 Va
58%
9%
*5%
9%>
^-No par
No par
Industrial Rayon
400
...
10%
6%
21
74
155
v
'
18%
.42
2
2% Jan
No par
10
Refining
'
85
*«V
10
58%
9%
6V4
57%
23%
23%
60 Va
9%
'
*126
Indian
60%
*5%
*56
111
*109
Indianapolis P & L Co
5,100
60
21%
*20
1,000
7%
*1
9%
•
11%
*80
83
•:, /
6%
*9%
*5%
1000
ll*/4
ctfs
See
RR
2
5% Jan
13
May 13
32'% Jan
2
;.100
*6%
7%*"
59
57%
*56%
*
83
:iuU
4%
1,000
-
.-100
series A
lines
100
11%
24%
*23%
ij 1 RA.__
IOU
~~
*
Leased
34 Va
)
11%
v?
—
*33%
-
11%-,,,.
*7
;
11%
35
34%
:-
100
Illinois Central RR Co
6%. preferred series A____.
1,700
13%
35
*34%
35
♦34%
35
35
14
*13%
'
8
■
5%
*13 Va
-
5%
5%
5% ■'
14
♦13%
14
♦13%
14
5%
5%
5%
5%
5%
*13%
115
"
18%
3
*2%
19%
19
18%
18%
►18%
% '
3 Va
*2%
3%
*2%
3»/4
18%
•'./
18%,
18%
*,v
%';■:
■-7V
V*
*2%
;
Hudson
200
JO
16% Aug
X
8% Jan
96 1
9% July
Feb
30
20
30% Apr
.100
Bep
/ 18% Aug
30% Jan
Dec
9
16%
Feb
V
34
3
Jan
27
,•
5%
Jan
115
18% Jan
115
:27
22% Mar 21
:
;
1
6% Jun
6
Jan
6
13% May 26
par
9
1
,v>.
56% Jan
Jun
12%
Jan
>' 80% July
132% Oct
Dec
12
-J—No par
Texas v
16%
Apr
123% May
x
102% Jan
1
Houston Oil of
1,500
2%
2%
2%
x32%
2 Va'
-2%
2%:
33'/2
33%
33
32%
33
*2%
2%
2%
27/a
'
•
July
5
.12.50
—No par
preferred
5c/o
.
—No par
>
168
Mar 13
_
B
Household Finance
200
102%
►101
Class
May 21
ion
-
500
:
38%
38%
Dec
10%
Jan >2
132
—5
No
HoudailievHershey cl A
1,700
9
9
39
100
33
*31%
32%
9
72
9
Sep
Jan
65%
12% Feb 24
28
27
Sep
8%
96
150
Feb 28
Feb
._10
■
_
158
Apr
1
(A)
9
Jan
06
Dec
50%
51
10
Homestake Mining
-11,000
35%
35%
~
*32%
Hollander & Sons
Holly Sugar Corp
7% preferred.!
11
57
30% Mar
(Del)
700
Feb
4
79
The
400
-113%
f
38
101%
1,100
6%
15
15
38
x32%
'%
9
38
*101% 1031/s
105
*101
105
*100%
13
15
X38%
33
♦32
>37%
9
37%
13%
*1131/4
38
35%
33
8%
37%
*12%
6%
61/2
*14 »/2
37%
*32
9
38
8%
*37
38
*37
35%
33
*32
'
5
6*8
151/2
*113i/4
*113%
'
36%
33%
"
34
6%
Dec
May
Feb
3%
Jun
5
par
—
*12%
Furnace
76
19
par
i-No
No
preferred
Hlnde & Dauch Paper Co-J—
22%
22 %
221/4
221/4
preferred
cum
conv
13%
>121/8
*141/2
6%
15
15
15
*14
22 V4
6%
6%
6%
6%
15
$4
•
Jan
Dec
6
19
6% Feb
10% Apr
100
13
"12 V*
13V2
*12'/a
<
1V8
1% Jan
125 ■'
No par
__
Feb
6%
7% Apr 21
93% Jan
141% Apr
.100
25% Jan
101
Dec
2
45
No par
__
Hershey Chocolate
100
38%
*90
*12 V4
*6Va
6%
50
128
128
*36%
13
22
Motors-Powder
93%
13%
*14
Hercules
Hercules
38%
*12%
,
600
•'".
.
149%
Dec
02
May 12
;
Jan
3%
4
% Jun
4% May
25
-
200
*90
*12Va
W)
llVu
:/ *57
129 "
*128
128%
128 V2
93% /
(G
88
29
Dec
140
79% Apr1 24
1
.
-
Preferred
59
*10%
11
Z/'L— '
2
2
..
-
10
4% Feb
Jan
Highest
106% Jan
Dec
12%
19
146* Jan
7
5% May 21
25
Co
Corp
16% Jan
2
v.
80
1
_
Glass
29
Apr
126
X
100 '••
_
Inc
Products
Helme
100
150
v
.
Hecker
60
*148
•"',-*36
34%
34%
*90
58
58
129
*128%
/
CO
150
> 58
*10% --11%
57%
57%
Hayes
20
100
17
3% Mar
100
1
Mfg Corp
2,300
Hazel-Atlas
*55
150 >
*148
11%
;io%
11%
58
*10%
150
*148
150
*148
150
*148
:
Hayes Industries
•
2,100
5 Va
*148
55
55
55
(U-
92
*85
5
5
5%
5
5V4
"»'»»n»
1%
'I
90
*85
90
8%
1%
1%
1%
1%
*84
80
5
*53
55
*53
*84
5
5%
*5
\/if
1V*
1%
1%
X..
v>*6%
8%
preferred
6%%
20
90
*85
90
*6%
•11
*6%
7%
*85
90
*85
90
*6%
90
*84%
89
*84
*85
7%
*7
7%
*6%
90
*85
85
85
4%
*4
Apr
12% Apr
98
par
——.
—
of Amer class A
Hat Corp
300
.
No
Refrac
preferred
6%
Jan
104
t per share
$ per share
$ per share1
$ per share
Co $5 pfd.i—No par
Harbison-Walk
60
130
(M A)
Hanna
20
'
/:••/> 300
13%
*12%
*127
4%
*4
:/■'
>
130
*127
99
*98%
13'%
*13
•
4%
*4
4%
*4
4%
*4
4V4
4%
13%
127
127
99
99
99%
13%
13%
130
♦127
130
Year 1941
Lowest
Highest
Lowest
Par
Range for Previous
•
of 100-Share Lots
Basis
On
EXCHANGE
Shares
•>
$ per share
$ per share
share
per
*98 Va
99%
Va
13%
13%
*13
130
*127
*98
98%
98%
13
13
$
share
the Week
STOCK
YORK
NEW
Sales for
June 19
June 18
"
98%
*98
$ per
share
per
Friday
Thursday
June 17
June 1G
June 15
June 13
$ per
Tuesday
Range Since January 1
STOCKS
PRICES
Wednesday
LOW AND HIGH SALE
Monday
Saturday
17
4
,
1% Jan
20
%
Feb
2 Va
14% Apr
8
2%
Feb
14%
21% Jan
9
xl9
Dec
24%
Oct
Sep
Sept
11% Apr 24
V
•
13
Mar
6
11%
Dec
14% Nov
18
22
Jun
8
18%
Dec
27%
Sep
26% May 21
;19%
Dec
45%
Jan
3%
Dec
7%
Jan
20% Jan
'4
29
Apr
-
5
Mar-12
5% Jan
20
1
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
[Volume 155
NEW YORK STOCK RECORD
STOCKS
LOW AND HIGH SALE PRICES
Saturday
$
•
share
25%
25%
*62
64
63%
63%
637/a
26%
62
64
6 3 3/*
63%
63%'
63 3/*
26
«26
,
Friday
A
»,r
.
63
64
Sales for
the Week
172
*18%
5
,
172
63%
*164%
(■
27
*26%
A 62
,
AA.
share
63%
r
63%
62%
,
$ per
t
:?
*164%
27
f
19% A;
*18%
share
*62
172
»1(1/17/,
*18% A19%
197/a
*18%
;•
•;?.
172
*164%
172
*164%
$ per
$ per share
,
*25%
63%
June IS
June 19
Thursday
June 17
•7
share
per
27
>
Wednesday
June 16
June 15
June 13
$ per
Tuesday
Monday
<
27
r
.A
63
A, 64
64
A
172
A.
'
,
.
*18%
l.iuo
V
2,600
o£
31
*10
10%
12%
16%
41%
33%
"
:*3%
16%
;a
-16 Vb
14%
*59
60%
*17%
59
16%
13%
<
"14 'A
59%
19
*18%
29'/a
♦18
18%
'
♦11
11%
*5'ft
6%-
-
♦12'/a
»
*2%
*5
13'; ''
•'
I
1
lit
27/'a
•2%
27/a
18 As. A- 8
ii *9% ao
l
*3% At
A
A3%
4 y:
3%
23%
♦20%
21'/a
*22
21%
*21%
22
♦160%: 169*'
"160%
169
37%
38
21%
•36%
1%
37%
*1 %
36%
36%
1%
T
; ,• 24.
-n%
3%
v*22
V 6%
<
A
8%
470
2,100
Marshall Field
2,700
Martin
'
!?
-
169
3% A 3%
y
■
A 26
...
A
*21%
14
:
♦76
*14
14'/a : 14%
•76.%
'
;•
82
15%
•
*76%
14
I4'v*
V
200
;
300
82 <-'■
76%
76%
77:
76%
50
77
*75%
$3
400
14%
; *
-■
35
13%
15
Jan
31% Jan
138
2
13% Jan 22
11
Feb
27% Jan 28
19%
Dec
31
4% Jan
30
1%
Feb
4%
6% Jan
15
5'/a
Dec
7% Aug
16% Jan
26
12%
Apr
1% Jan 31
%
Jan
2%
Dec
5'/*
Jan
3%
Dec
11%
Jan
Dec
17!a. Sep
.21% Jan
'.
»
5 *
3% Jan
4
z
2
17%
Dec
5
9% May 19'
11
6'/a Jan
10
Jun
76
Jun
3%
6
19
13
7
1% Feb
2
;
18
6
♦
2
12%
1
Dec
11%
,*98%
*6%
=
♦
33%
12%
.,v
93
33%
34%
34
12%
12%
"
>93
97
68%
*67%
bo--*'
-
65
♦63
24%
*6%
Dec
•23%
*63%
24%
24.
*22%
23%
.26%
23%
*24
24'A
*22%.
*26%
27%
26%
♦26% A 27'/4
;
*13%
98
-
*18
5%
98
*96
/
109
•107%
109
*1%
2
*1%
2
-
;
/
*94'A
10
.'•v
*
2%
V.' *13%
i 137/a
*63%
:75
75
117
115
*114 i-i 115
107
t
17%
*37
17%
•
*54
'
57
14%
*13%
e
=
,
~5%
'
-
13%
•
*6%
.7
.y*58%
14
%
2%;
conv
•4%
"
y
'
5--"
.
29'/a
•37
39%
;
'
17%
7%
7%
■v.-.II';
'11;-(
115
117?
56%
*13%
t
-'
♦14%
•A.
-*47/a
A:
::-"•»%
13%
*4
a; 6%
14%
14%
31%
11%
Motor
A 300
t
t
■
*154'A
156
160
y
*15%
16
'22
•
•
y 4%
"4%
4%
4>/e
155
7
7
*0% ;
6%
'♦69%
70
'*13%
14
r
14%
%;•
18
y 69
-;y
" A
-
1%
45%
*31%
-
*9ya
' 1
*14
.
14%
*4
'
:
-fAA-A
t>%
A
500
"AA
500
6,900
10
y
57'A
9%
*50
'■*
•
*14%
14 V8 y
'■
A 46%:
*9%
*50
'y -51 Aiv
i;y
A
J
*53%
*3
16 Va
7%
14%
A
•H *6%
2343.
yA 7%
6%
200
6%
Chatt & St.
82
July
71
Dec
27 Va May
Aug
33%
Oct
Feb
6%
Dec
A! 21% Feb
A 29'/*
Sep
3%
7%
7%A- a
,".1A%'4;
t-.
8%
22%.
:22%
v
;.v
-
par
-
100
_10
f
par
<■
•
32
r
H"
9%
A
v
Louis
Col:
Aviation
IVe
preferred
*
A '
7%
3
3
*7
.
100
Jan
9%
■
Jan
13
Mar
A
17% July
23% Jan
,
5
14
17
Dec
A
38'/2
Feb
5
30•
101
2 V
19/
19 *
107
A
86
Apr 27
109
Nov
Dec
1%
Dec
13
67
Mar
12
'8
Jan
16
A
/
Jan
Jan
45%
Jan
112
Oct
May 13
,
3% Jan
21
125
Dec
34
,105%
42% Mar 26
'
A; 4%
52
Dec
'9%
Feb
A''
Oct
iA
4
%
1
:'
12%
9
79% July
15%
Dec
Dec
Jan
Oct
1
July
3% Aug
17% Aug
•
'7%
>
4y2-
y
y.
?
■
•
-
;
15 *
•
•
xm
50
.
•'
AAA *'7% '-7%
7% A' AA *7y»'. - VA-
7 % preferred A_\
JC %
Nat Mall & St'l Cast Co—
2,800
300
Steel Corp
.*
.
•
100
:
National Tea Col———No par
400
:
Natomas Co
N6hl Corp
Oct
24%
Dec
A
39%
Jan
43%
Jaii
31% Jun
4
21%
Dec
2
5'/a
Dec
12% Jan
30
A. 9%
Dec
25% Jan
20
3% Jan
20
63
Feb
4
14
Jun
9
A 69% Jan
6
29% Mar 25
A -8% Apr
'
No par
——No par
18% May
1% Dec
46
5% Jan
20
4
7
34
Dec
24% Feb
% Jun
:
4% July
74
July
15%
Nov
74 %
f
112
Sep
:
Feb'
8%
Jan
51 Va
A
Jan
19% Dec
Dec
Dec
-
5% July
Jan
23%
Sep
Dec
23%
Jan
2%
11
Jan
166% Jan
.
Jan
Dec
13%
9
.7% Jun
5
5
4
!T
Jan
Jan
17%
14%
5
18
-
1%
3
x
2% Apr 29
5% Apr
2
;
1
12
241/3
Dec
39% Feb
Sep
>
Apr
Nov
Sep
Aug
30'/a Aug
Feb
109
>
-
9% May
61%
111'/a Mar 17
5
94
35% Dec
42% Mar 12
6
Dec
7%
Jan
9
Jan
5 'ft
Dec
6
6%
Dec
11
19
13%
Dec
18%
Jan
160 7ft May.
175%
Jan
>
14
a
.Feb
6
2
5% Jan
26
: Jan
16'/a Jun
12
Sep
x
9% Jan
17
14% Jan
7
.5% Jun
1
15
A
May 13
12% Apr 30
4% Jan
9
3%
2
:
11% Apr 25 i
.
145=
=
l'/a>Apr 16
r
4
.
:
May 14
9% Jun
16%
Dec
7'/a
Feb
Jan
8
Sep
Sep
10%
3ep
17
1
11
Dec
20%
Sep
3
3%
Dec
8%
Jan
Mar
5
58%
Dec
93%
Jan
72
16%Jan 12
146
^
Jan
29
Jan
10
35 1 Jan
-A 3% Jan
'
25%
176
Nov
154
138
14%
26
2Q
53% Feb
Apr
A 12'/* Dec
160% Dec
7
17% Mar 17
14'/4 May 13
29% Apr 28'
43%May 28
.
Jun
3%
v9V« Jan 24
?2'/a Jun 19
168
May j' 6
129 1 Mar 17 3
i
11
12%
'
Dec
16% Apr
,
Al
3% Apr 28
•
Apr
14% July
7%
4% Jan
:
14% Ma r 17 .V
Jan
9%
Dec
Dec
10
A,
'
8% May 1
117% Apr 24
i
/ 60
17% Jan
12% Dec
t
2;
23
3% Jan
11
■
>
5'/a% prior preferred——:
_100
6% prior preferred—
l_—100?
■— 1
A113%
.2
May
12% Apr
+40
200
Jun
6
'
A10
$2 conv preferred——
4
1087/a
110% Jan
.8% Jan
?
25.
/ National Supply.* (The): Pa_.
1
123
16
——No par
.—
May
5% Jan
7
+.4
National
Mar
May
No par
i National1 Oil Products Co.1
National Power & Lt
115
May 16 T
l__+-100/
206
1,000
1
Mar 16
»
IOO
■
100
2,400
118%
119
•
j
+10;
:
l
preferred B—L—
Mar
' 6'ft
1
Stamping-—_^_No par
Gypsum Co„
1
$4.50 conv preferred^—_No par
,
Feb
112
13
A
—No par
/ National Lead: Co—
A
77
10
91'
.
National
A
7
117% Feb
-
Dept Stores——i.No pari
ir, .6%' preferred.;—
+10';
Nat Distillers Prod-*.
•57%
3%
'*
.
Natlonal
1
50
*3
J
Can Corp
+10
Ca8h:Register__-_/——No par
5,700
V:
*9%
> y? -'*51%
-
Nat Dairy ProductS_i_t——No par
i
Jan
1
.
National
4,000
A
1,900
,
50%
,•
*7%
*6%
-
*127 rA 133
10r >
*52%::' 54%
7lA
!>
190
A.*14%
% y. 1«i',
10
2,fmn
*68y»A69%
T
'
National Cylinder Gas Co——
•14%
"
A
10
i
-
*
Nat
700
1%
55%
3%
4.% Dec
Jan
16
140
—
1,000
8y8
Af" *3334
A 2 -.A"; A■:_>•!% ;vl7/a
.48 A, .48>?lA*A. 47
47%
A 4%
A4%
'4>Av ■<4v*a
•
56
*3
18
13% May 26
:; 3
Apr 24
„_—5 :A
Corp.;
Co--A—-
3,30
y A *'132 %- 137
-
*50
3%
14
16% May 27
\
Nat Enam &
4%;
157
51
•
7 Vb Jan
17 A,
12
May 15
1% Jan
3% Jan
—10
6% conv preferred—_L_
National .'Biscuit
=
40
;
A,* v.' 5%
14%
•;
A 133
51 A A
:
• •
33 :>A33%
2
A4%
•-4% V
10
*
'•
'33 :
-
37
A14% Jun
;
-1
*14%
4%
68yaAv;A
150 %
'127
47>/a
47
■46%
14
-; j
157'.';
*15
17/a
-
68 Va
*127::,: 133
•32%
"
-
30% Apr
Dec
7
Nat Bond= & Share Corp—'-No par '
'i-*8%'. ''
16.
4%
68%:
14
Feb
24
26
5
Nat Automotive Fibres Inc„
National
700
2,700
A100
•
22%^ -^•22%'- 22.7/a
22J/a.
4«A
14 " V
14
16
% Jan
100
1
s
:
?
:rA? w?
5
A
*14%
16
68%
15
15
2
-
28
15
30% Jan
A
2% May 21.
50
Jan *2
11% Jan
7
49
May 6
106% Apr 30
4% Jan 2
' 30% Jun
2
.
.Li-
National'.Acme
300
«*•/»
'14%
*155% -160
*5% :15 Vkrvf
8%
>
*8%
7 "4
For footnotes see page
54
A
-29% Jan
;
16% May " l
6% Jan
2
9% Apr 23
! 20% Jun A1
•
Nash-Kelvinator Corp——
Nash
1,500
•
4%
bv/u
A
160
i4y8
*150%
157
-
r
■y&yy
*15%'
69 % A
•
*31%
.'9%';"
*53 ^.i>"'57%
par
par
—
,
80
-
14%
'
"
A>
>'46 Hate'. 46^-:-
51
'*50
A»53%
>
■■jVivw 4%A'A4%'--A '. A A4 ?/a
•; "*4}
*32
J-i-
i%
45%
:
*4%
'y- 4%
4%
*127.1'- 134
••;*i4%-yi5r-'-yj-
•
2
26% Mar 24
•
.•-!
'
14% •>/..
*13%;;f i4.%.
•% va y
fa\r,'
16%
16%-A. "v; 16%
16>/a
'AA5% y CVa.
16
A
♦156'-
'♦149%.167-vAA
*227^^134
'•'
15
33
3
5% Mar 23
"
1
Co__—:
Nabco Liquidating Co-.——..No par
<
.
Brass
$7 preferred
—No
Miinsingwear Inc
:
:
-No
Murphy Co. (G C)
:
No
; A 5% preferred——
Murray Corp of America—-.
Myers (F E) & Bro
No
*13%
14%
7%
22 % n
yS.13%
*32 % '
Feb
Jan
9% July
70% Mar
Mar 24
32
102% Apr 28
23% Apr 24
37
Jan 15
"
i?'
15 y;c?
=
155V2
-
16%
7%
? *15'A
:■;> 4'/a
■
>
*14%
f
A
;i22
•
A'-A 69 %':'•*'69%
<'
*149% 157
*•♦128'.-'-l34"-'fl'
.
*13'A
16'>,
AA*7%
-4%
•-
Jan
2% Apr
115
par
Mullins Mfg Co class B—
800
A',
18%'
14%
15
155%
.
14%
a 16%:
r?*15%:'i'16;yy y':
-
'
-4 Va
*13?.'
-'7%
-
109%
Dec
72.
15
110'A May
No par ;
:5
-
Mueller
(A A A'.140.
31%
*17
Corp—
200
1
"sya
*30%
Wheel
600
2%
5
Aj
SVa
.
.
:.14%
7
6%'
14%
■VH
14;% i.t
:.'14% A. 14%
'5%-; - 5%' t.; T*5'/» ■:a 5% A?
9%
*8%
-1*8% ' : A 9% V'r"
21 %
Apr
5
2
66
A
par
JIssex-A—.L-—-^50
Motor Products Corp—
500
*2% "KSAs;-*:.-:?
*18
4'/a.
*6%
6%
•
.
•
21%
101'/a
4
2
10
'
A?'.
*13% A 14%
55.
A 55: •
"5%
Morris &
270:
v A
A A,
*105%
A: 5
-A:
14%
*4
4y8-
:y-
v9 "'A-
s'y.21%
5
'.12% Feb 27
:20
Co—
preferred series C——No par ,,
A Montg Ward & Co Inc.
^No par :
A Morrell (J) & Co———No par"
"
A
•
56% A 56%
14%
31'A
17 y4
17'A
60
55
*5
2%
5
-
♦2%A
*105%
32
5:. -
*4%
V: 5%
Sep
Jan
1% Jan
"
;
$4
■
8,800
*21% - 21%
2%
■:?
350
17%
Chemical
$4.50 preferred.-.
—No
Preferred series B———No
"20
.
39%
"8
■:
*2%
.•
*7%
22
5%
17
; %% 6%
6-/a
'ZiMWHeWu?-
14 «A
'
Nov
8%
ft Jan
100
'
i a^14%;'-:-a
*7'A
Sep
110
Dec
77
15
23..
3 ,
' 2
23
8% Apr 28,
>
-No par
Mills—
Carpet
Monsanto
•
17%
A?
7%
*13%-
•
*2%
13%
*37;-
18
55
47/a
:
A *11
A
.14%
3
Mohawk
1,800
106%
29% • 29%
11%
54"/4
*106%
A
10
Apr
Jan
Jan
May
May
58% Jun
—No par '
—
7% preferred series A
-
106 y»
39%
/? *55 y.
56 3/4
14%
4%
A
x21%
"2%.
-
75%
*114%
AA; 7%
22 T
>2%
$6.50 -preferred—™
Ay*
700
;
.
; Mission Corp
Mo-Kan-Texas RR
600
900
,
14
117
*11
56%
'
13%
y-
'
■
•
-
22
'■
'
*113"
18
17%
7%
*2%
;
.
6%
14
75
77
117-•
*37
•
17%
?
2Va
Min Trans Co__—_No par '.
.
1,500
-
•
76 Vb
*113
7%
.
-
7%
*7%
.
Dec
~
77
117
'
1-6%-16%
;—50
1st preferred-
Sep
15%
7% Feb
8
-1
Jan
9% July
37%
Dec
5%
108
6
Apr
Jan
68
Jun
64
May
21% May
4 % Jan
22% May
Dec
103
Aug
25'/a
14
7% Jan
6
100
88%
No par,
35%
;■——100
103%
4%% preferred series C
100. x 107%
Minn Moline Power Impl—__—:_1
* 1%
300
.
,10'A
ft A
ft
*2
.
'14%
14
'/ii;y
-
75
*113
10
■
2%
2»/8
2%
76
7*
60 %
10% ' 10%
*,»«
117-
*17
7 \
■
108% Jan 30
1
94
16
109% Nov
9 % Dec
12% Mar 23
5% Jun
No par
6
26%
2
100
(The)
A-i
>*13
14%
*13'A
8
May 20
101
8% cum 1st preferred
Minn-Honeywell Regu.
4% cony pfd series B
2,600
60 y8
17%
"
40
39%
•
.
•58'/a
10'/a
29%
A
v: v.
39
-
106%; 107. 29%
30%
,
97
96%
'
i
40%
60%
*31%
15
*154!A
156
*154
97
39%
*58%
31'/a
6%'
*96
1,200
.1%
31
4%
15
15
16
——
200
106%
i»i
3
v:;':-v7yy,
*14%
18%
1%
32
*67/a
'
*18%
*5%
*4
4ya
»•
18%
*107%
13%
-
*13%
16%
16%
•13%yi37/a"
17%
*18%
2
5%
-5
28
21
Apr
Mesta Machine Co
—5
24% Apr
Miami
Copper———
——5 ;5
Apr
Mid-Continent Petroleum
10
12'/aMar
Midland Steel Prod———No par
:
16% May
2,000
18%
109
*5
4%.
.
14%
97
"5%
*2%:
A3
'^5
-r
14%
*1%
-
■■*1106% '
*31%
sy2
14%
•
10
2>A
11
>106%:
33
*5!/a
*106%
\
14%
54
5%
14%
106%
*53%-: 54 y
5%
Feb
A 34% Jun
May 11
.
No par
Co.
Merch &
200
5%
14%
(iff.
..
*54
*4
A
5%
115
yv 11%
57
♦106%
Dec
1
preferred series A__
5%
-2,500
29
-107%
2 Vb
*16%
26%
*27
29 %
7%
t.
Feb
13%
'
26%
:
27%
27 '/a
28
i»
.
•<{
•; "2'/a
*13%
27%
-
1%
10 %
-2%
,
27%
10
1%
60%
2%
5
27%
115
♦37
17%
7%;
103%
16
9% Jan
100
Co__——
preferred.,
conv
Mengel
109
2%
*2%
25-
109
21%
*5%
*22 y4
*107%
2%
*31%
300
24
*22%
14%
;>
*21%
*53%
23%
*18
21%
•
5
105%
21%
•
'■*4%
*104
21%
*13%
5
a-A' 5
5
105%
♦21%
*54
'■' ■■■■■
-104
*11
■'
$6
6
18% Jun
~$5.50 pfd ser B w.w —»_No par.
Melville Shoe Corp—
500
106%
39%
'
17%y
8
.
30
24
39%
11%
•li
68
*23 *A
*114
28% •29%
29
*7%;
6%
•*63%"-65-A:
•
115
*114
/
106% no7y:;
'39%
'«
*
*96
2
*113
29
65
24"-
105%
75
A *113
*37%
*67'/a
68
23%
preferred-——
Stores
108% Jan
Apr
107
Jan
14'/a May
Dec
13
Mead Corp
500
39
»
13%
76
107
5%%
_30
"6%
*104
»*2%
117
*114
97
6% "
\
109
,
*>
■
Ai.LV 2%
.13%
13%
;
■ZZ'"-')-:
2
♦74%
*93%
6%
6%
—-5 ;
McKesson & Robbins Inc
AMcLellan
39%
*58%
10 %
.
97
(AMcIrityre Porcupine Mines
6
105%
*1%
60%
*58%
60%
♦113
*5%
*67'/a
5%
97
*38 v
J107%
105%
•ft
6
'24%
*26%
5%
18%
s104
*107%
2
t
14%
105%
*104
*10
1,000
103
103
26%
/
18%
41%
39%
•104
*58%
103%
Pub Co——No par
1,900
23%
14
•
18%
;
■
*96
41%
41
11%
12%
•
5
28
*26%
5%
14
'13%
18%
"96
McGraw-Hiil
300
6
28
Co———.—r— — 1
"
A?:;. 5%
14
*17%
11%
7
9
Jan
14
Jan
28
;
27
♦26
26%
26%
y-5% A 5%
12%
65
*63 »/2
4%
1,500
68
*67%
65-
24%
4%
r
33%
6%
""
5
*4%
5
*4%
*6%
*32 %
*5'A
97
68
24%
6%
preferred—
conv
A 10% Jun
1 ,
9
;——1 ..-A 10
—100
100
Sep
2%
Dec
8
Mar 6
May 12
Mar 31
14
Apr 17
6'/2 Jan
3
Corp—_—A,
•McGraw Elec
3,300
33%
102%
5%
6 %
18%
ll7/a
103
*93
6%
6%
102
17%
*6%
12%
.
18%
Stores
McCrory Stores Corp
600
33%
6%
34
*5%
6
*99%
102
18 y»
18%
-
103
103(
*5%
6%
•
68
68%
68%
*23%
10%
*99%
McCall
10 %
6%
7
.
103
•
97
*63
*97/a
110%
12%
6
*6%
6%
10%
11 T
•
*6%
103
*93
*93
*6%
18
33%
*5%
6
*9%'
11 v
102
*99%
18%
12%
-.
103
103
*5%
y 102/
17%
12%
*102
*99
10%
11
*9%
xl0%
•
6%
33%
12%
11
17%
6%
A 33%
10%
11
102
17%
7
*9%
11-/8
*99
17%
*
10%
t
*11
102
17%
.
*9%
10%
11%
Aug
56%
Dec
90
90% Jan 28
176
Dec
15%
Sep
Sep
31%
"
♦9%
.
Jan
28
Jun
40 Vb
Jan
28%
.
Sep
A
Dec
171
6
Mar
32%
24 % May
Jan
176
Dec
Dec
Sep
1% May
May
21%
:
46'/a Jan
Apr 29
1.14 Jan
5
14
6
29% Jan
31
No par
16
July
16'/a
x20% Dec
6
27% Feb
24% Jan
3% May 15
22% May 1
20 »■ Mar 6
20
May-12 A
162
Apr 20
No par
preferred—-No par
Jan,
35% Deo.
29% Sep
14% Aug
6'
100
Sep
74% Nov
12
26vb Jan
No. par
Jan
22
;
27'
35% Jan
Sep
19% Jan
Dec
17'/4 May20
.
19
162
Feb
23% Jan
Oct
45% July
3% Dec
Dec
60
131
Sep
39%
Dec
8
_1
1
31%
Jan
76% Jan 26
1
Jan
Dec
-12%
=
Jan 30
Jan
13% July
16%
<■
Apr
142%
15% Jan 29
l8V4Jan
'
l7/a
7
preferred—x
$6 1st cum
6
5
149
37%
Dec
Apr
19% Apr
28
May
28
-
May
9'A
12% Jan
Corp—
—No par
Corp——No par
May Department Stores.
Maytag Co
900
A
1%
•
Jan
13
AL 8% Apr 17
preferred
7 Yo
38
*1%
•14%
2% Jun
A4% Jan
y
30
x29
par
Co_-—i.
Master Elec Co——.A
Mathieson Alkali Wks^
169
*37%
1%"
15%
*14%
—5
preferred—100
pr
Jun
Dec
4y*Jan 24
j. 18% Feb 6
% Mar 27
>
21
3
42% Jan
117'8 May 18
1
&'Co—-yx—No
(Glenn L)
Masonite
100
5
14
*
15y8 Apr
189
Dec
x20%
42% Jun
1
Jun
17%
•
'
4
24ya Jan
-
2
16
Dec
174
6
-15% Jan
Jan
25
Jan
34
Jan 21
10% Mar 25
2
>
.Martin-Parry
1,200
"22-
*160%
■>
y
,
5
32Va Feb
11% Apr 29
128
Mar 30
11% Apr
9
58
Jun
2
*•.
IOO
Corp.^
Market St Ry 6%
500
26
^22%- .22%
:.
38%
A
1%
3,200
19y# : 19%
21%
37%
1%:
2%
8%
,,
24;: .A
•:
Midland
Marine
2%
"9%., ;,9%
,
E::-
Jan
par
Maracaibo Oil Exploration..
100
Z.
11
Jan
3
19 Va Jun 11
2% Mar 27
15
Mar 13
.10
Manhattan Shirt————
3%
-
*160%
37%
:
Forbes-—A
&
Jan
98
175
•
Nashville—v—T—-100
preferred-^—-j.——i
98%
64% Nov
Jan
j
•
124 » Apr 27
28'/* Apr 17
Madison Sq Garden—1:
No pftr A. 17Va Apr 30
Macy (R H>; Co Inc———No par
l0Va Apr 29
Magma
Copper———-•——
10
20
May 4
Manati Sugar Co—v
1
2% May 22
Maudel Bros—;——No par
May 2
13
*Va
&
16
A'.
31% Jun
;
;-100
Mack Trucks Inc——-^No
,
12
19%
21%
169
*iy8
-
37
Co.1—ri—1—,—.—10,
MacAndrews
.
{
21%
,
t
,
•
Biscuit———»_T—-25
(P)
.,
9% Jan
Corp——No par. :
preferred—-^—-——,
■
11% May 1
14% May 20
:
Louisville Gas & El A—.—No p®r
29%:,
*12%
•
•
25% L 25%.
22 A:
37%
1%
•21
7z/e
Louisville
AA-A
—
9%
.
19%
24A
*21%
*160%
•
'"A
2%
9%
26
?22
,
L
'*11%'
y:
1
2%
...
19%
25%
?
*29 *•',:
y.»8%r.?:i8%/y
•*3% ?A 3%
3%
26%
24 \A
♦22
169
•*VA
3%
2%
18%
Lorillard
A
60%
•
*18% -.19 *
I
13";
*12
%
8%. A 8%
9%
9-%
18%
40
2%
*12%
2%
.
9%:.
12
LooSe-Wilfis
"" 700
2,600
,
yl8%yi8%%
21%
*2%
'
%
8%
13%
Inc.—
\
•
■,
Long Bell.Lumoer A—No par
A
13
*12%:
2%
•25%
A
6
A" A:
9%
18%
25% A 25%
*22
'
21%
2%
:
18%
*11%
*5%
..
•
8% A
.
' 18 %
25%
•'
1
*2%
9%
•
■
A
8%:
•
9%
-
18 %
•25 %
♦160%
2%
8!/a
-
177/a
17%
13
11%
21%
*2%
.
/A6A;:::=
#13:
A
•
2%
*11%
•
18%
.
11'ft
'
.
21
18%
29 '/a ' 29 %
X
*120
'w'-'y
*120
29
21
'11%
21
2'/a
2%
•
*11%
21
♦20
.18
18
•
■
16%
A *59,;
60
r*18%'^19-:'yyv
A
28%
18'/4/
28%
100
*
*13% '.■14%
14%;;
A
00
:
"
*120
-
28%
19
*18%
V19;'A A
'120
♦28%
59%
Lone Star-Cement
Jan
64 y4
74% Jan
„25 '/a May 21
r:
A—A—No par
Loew's
142%
13%
*136
No par
Liquid Carbonic Corp——No par
Lockheed Aircraft CorpJ—_——1
2,900
i
3%
16%
*
Lion un Jtteiunng '^o—pur
3;500
34 %
,
A. A3
f
16%
*13%
A
14
♦13'/*
59%
3 */a
■
41
34
.
Link Belt Co
39
73Va Jan 12
22% May 20
par •
luu
; i,4ooA 6,400
16%
A 41
-
Locomotive Wks-^i-i—No
1'
Highest
$ per share
32% Nov
16% Apr 14
."
...
300
y
13-;,
:
A; 16%
A
.'-A-
%
34%
*16%
,•
A,;?
-
10%
-
13
.'A-13%: 13%,-A.
142% A A
A *136
13%
139%
*13%
" 3 y8
30 A
*10.
■
A
41
33%.
,;
16%
16%
13%
*138'/*
*57%
'
>120
,-.A
141/4
:
17
x41
w.:
3%
A
13%
50%
♦133ft
<
16'/a
'A
3 Va
139 Vb> 139%
13%
139
16%
A:.
42%
33%
3-/a
16% A
13%
139
•
16%
41%
A
13V4
Lima
300
•
$ per share
33
,
,164 V2 Apr
Lily Tulip Cup Corp__——„No par
22%
*29%
10%
13%
331/4
V
'A/*iv u
,
22%
30
• •
A: 10%
13
16%
43
32%
30
-
10%
A
13
16%
16%
•31%"
30
*10
23%
*23%
22%
30
•
13
4 1
A 3 %r
13%
139%
*13%
—
*3'/a
'A/:
16%
13%
♦136
16 % r
42
33%
:•
<
"10%
A *12%
41%
3%
30
30
32%
•
?2%
?3%
*AO
13
16%,
41%
33%
/
10%
:A *12%
•
*°°%
31
A *10
12%
16%
23%
*29%
*29%
*22%
23'/*
50% Apr 29
,
100
19%
Mar 13
50'/aApr 18
xooacoo_«Am——.20
25 .».
iViyeio
■A Series B
Lowest
$ per share
$ per share
20
..
Year 1941
Highest
Lowest
Par
——_5
'A:.
*22%
T
.
A
*164%
y
Range for Previous
On Basis of 100-Share Lots
A; A '
;
Life Savers Corp
600
:
63
A
'
19%
*18%
19%
*26%
■
Range Since January 1
STOCK
YORK
EXCHANGE
.
Shares
share
per
NEW
5
,2%
5
42;
4
6% Jan 28
8%
16% Feb 25
19%
-
Dec
24 >
Feb
36
Dec
Dec
Sep
Sep
Jan
Jan
Ju.„*
Dec
7% Mar
68%
Jan
.Dec
7% July
Feb
16% Nov
45% May 22 i
63
Feb
6
41
68
Sep
May 19 ;
70
Feb
5
43
Feb
75%
Sep
2
Dec
5
Feb
8%
Dec
6%
Dec
? 51
r
j
2% Mar 30
3% Jun
6% Apr 28
9% Feb
5% Mar
7
7% Jun
v
Feb
ll'/a
Oct
9% Aor
"J,-.--v'r
WiHtfcw
;;
THE COMMERCIAL & FINANCIAL CHRONICLE
2340
Monday, June^ 22, 1942 f
NEW YORK STOCK RECORD
LOW
June 13
$ per
share
$
13 %
*13
13%
71
$ per
*70%
73
*71
35
share
♦30
share
per
$
per
$
share
per
share
,the Week
703/4
35
"31
*30
-
*106%
23%
23%
*7%
7%
73
*31
34%
*107
107%
14%
*71
73%
35
"
*32
*14
73%
~**71
*71
35
107%
13%
13%
13%
73
<•
*107
107%
*106%
107%
13
13%
13%
»*io
•»
;
*19%
101Va
253/a
'
Y
113/4
373/4
37 Va
13%
•
V
11%'373/4
13%
373A
13%
101
*18%
;
18%
101
24%
8'/a
;• l.ioo
18%
1,300
133/4
>
7%
7
\ ' 11%
•,:
*24%
26
'VY
4%
*4
7% :.
; 7
7Va
37%
39%
13%
*13'/a
13%
*12
*82%
*
69%
32
*28%
33
*A2
A
%
1%
*
A
*J2
:
*
*4%
14
90
82%
*28%
*
109
7%
19%
%
*3S2
33
*28%
20%
*19%
152
'*149
%
A3
1%
45%
45'/a
*44
10%
10%
3Sa
%
•A
JA
21 V8
89'A
89%
*89%
19%
>-
110%
152 %
*89 Va
,
1%
10V4
•
t
'■
29%
1%
,
21
< 25 %
27
109%
21 /">' 32%
26
•
10
<
1%'
1%
*1%
28
*247/a
9
7%
7%
7%
23%
23%
23%
23%
3%
3%
3%
3%
Y 10
•
Feb
May 26
A Jan
3
54
>•
8
Jan
Jun
% 115
Feb
60
5110
••■
Jan. 26
42%
Deo
27
m
Jan
A
27
ft Jan
1%
Feb
%
Jan
32%
Jan
•
.
% Mar 11
30% Jan
23% Jan
192
Jan
r
A
Oct
;
23%
Dec
19
Dec
;
179%
2
7
14
f
Dec
Apr 29
63
Jan
27
50%
9"% May 21
14
Jan
6
96
Jan
31
7
Jan
27
108% Jan
19
11 Vs Jan
28
215
.
Apr
:
;
.
50
Apr
1
38
Feb
18
:
Mar
Feb
Sep
Jan
•
119%
Oct
.
17%
Jan
*58%
Jan
Dec
57 Va
Jan
10% Dec
x
17%
Jan
93
•
68
July
Sep
.
Jun
8% Aug
113% Nov
Dec
107
Dec
Oct
Jun
%
21
40%
Nov
Dec
;;'34
14
Jan
7%
6
28
23A
Jan
Dec
27% July
7%
Dec
133/«
26
6 3/4
Feb
May 27
13%
Feb
17-
10% Jan
r
,
6
8'A Jan
8% Apr 28
3%
2
2% Apr
Jan 20
20
:
—2.50
109
Oct
■
2
8
Apr 14
31% Apr 27
100
.
50
25
Aug;
35
Dec
9%
No par
:
:
% Jan
>50%
.
Oct
112
5
39
Sep
18.
Apr
Dec
16
—_—No par :
Norwich Pharmacal Co
8
;
26
Apr
Aug
Jan
24%
2% Jan
2
6% Mar 31
39,
-No par
Telegraph
Rubbers
47%
:
106%
50
85 % Apr 14
100 : v.4% Jan
2
—
Jan
18% Aug
Dec
52% Jan
108
50
Ry Co
Jan
15%
Feb
8%
Jan
July
45
4% May
j
18
50,
Preferred
,
100
109
273/4
;
Dec
Jan
Mar 10 .'115
10% Jan
100 -!
preferred series
Northwestern
9
.
25
23
May 20
19
Jun
3
15% Apr 29
143
Mar 26
.
6
12
Jan
6
% Jan 14
1
5
c.
Norwalk Tire &
100
267/a
•
*8%
*24%
<
10
Northwest Air Lines
1,400
1 %
9
*8%
,
36 V2
*l5/a
7%
>
300
10
*32%
1
Feb
15% Jan
10%
Jan
Aug
116
Dec
6-
Jan
313A
;:;y 7 : Dec
6
% Jan
100
preferred
Northern Pacific Ry
Nor States Pow $5 pfd
5,100
107%
5% %
Dec
Jan
11%
>
106% Mar
>26
5
100: V
preferred series—
Northern Central
450
91
6%
19%
Feb
100
North. American Aviation.——1
2,000
5 'v.
9
28
28
9
*8%
400
10
38
31
,
Adjust 4%
Apr
Jan
2
Jan
9
Feb
5
Jan 27
Dec
•
110
Apr
5%
15% Feb
-
45 Va
•
NOV
•22%
July
79 Va
Dec
!105
share
17
69% July
31%
16
110
80
preferred
2
May 22
61
North America Co
10%
11
*32 Va
:%
4,000
44
*106 Y
-
—50 y
preferred
non-cum
Jun
Highest
I per
Deo
12
51
50
10%
30% Feb
2
2
4
May 25
12% Apr 15
par •*/
27
11% Jan
•
10 Va Jan
U
r
5
10%
Mar
17% Feb
36
■
No par
-
14% Feb
5
11% Jun 11
100
20
7%
*89%
preferred
.Norfolk & Western Ry—
100
200
5ya
*10%
10% Y
38
; *1%
29%
*28
/
9
10%
i
10%
107'A
*106
200
.
433/4
91
VY::--" 5 Va
108
*31 Va
40,;
*1%
1%
*26'A
*83/a
<9
5%
♦1053/a
10%
-
*31
36
*1 Va
1%
29%
May
May
May
May
Jan
18
99%
237/a
6%
No par
—No
Shipbldg Corp part stk—
Noblitt-Sparks Indus Inc
45 V
10%
Dock—
N Y
110 %
'
7%
*44
>/
44
*89%
91
5%
-
106'/a
Y
10%
10%
10%
♦89Va
5
5
106
44
*42
91
'
*83A
43
10%
10%
10 'A '
93A
44
*109
73/4
7%
46
44 :
5%
*31
35
44
109
*106
*25%
30
-
100
Omnibus Corp—
Conv
1,100
19%
152 '/4
20%
*109
"V*
8%
.
%. 43
44
92
5
5 Vs
109
9%
Jan
No par
IN Y Ontario & Western
21'A
21
l5o
•.,*44
44
10%
10%
Y
109
100
100
♦19%
110%
8
8Va
8Va
45%
45'/a
*44%
•9%
14
IN Y N H & Hartford
1,000
*1%
*152 V4
156
*109
109
109
8 Va
*44
5
Jan
N Y Lack & West Ry Co
33
,
A3
*
;20%
*150
v
21V8
20%
21:
10
1%
%
20%
A
2O3/4
109
8
*44 V2
♦106
'■! 35
■
N Y & Harlem RR Co__
250
A3
*
l3/a
♦19'A
:
155
108 %
8
'
75
27
10
17
28
Lowest
$ per share
share'
Apr
Mar
Apr
Apr
-
preferred series A
York
5%
-
*1%
A3
1%
New
82%
70%
*82'/a
6%
NYC
800
71
Y
•
1,600
,
per
70% May 26
_No par
Central——
11 $
share
/
N Y Chic & St. Louis Co—i^—lOO
1
•12
;
♦A3
New York
47/a
'
109
*31
13 Va
4%
Year 1941
t
•
Highest
11
1
-No par
$5 conv preferred——^
New York Air Brake
13,700
38%
13%
70
33
A3
1%
*
/ > y;!
21 >
*149
154
38%
13%
70%
wv
*A2
%
3Sa
19%
19%
*19%
*148%
*28%
383/a
14
Range for Previous
100-Share Lots
Y
•
N'port News Ship & Dr Dock
;
100
600
13 Va
"
*20 V2
•
33
90
:
12
'■;''/"* 12
73
*82%
*1,A
Va
1%
%
21
*20 5/8
90
:■£/:
*1%
;
73
•71
TVs
11%
*4%
4%
133/4
*28 JA
90
*28%
*4
*12
*82Va
69%
69
69
90
4%
133/4
*4'A
-
7
:
38%
12
37 Va
13 Vb
133/4;;
*66
1
Newport Industries
300
25%
12%
*12
113/4
11%
37 Vb
■W
4%
*4
*13
14
*89
*
*
100
*24 Va
25%
*24%
"
s
'
*13
18
100
100
$ per
No par .;•/ 28
100
104
10
22%
1
7%
(J J).
preferred series A—
Newmont Mining Corp
1,400
8%
18%
100
.
1
5%
24%
8%
Basis of
Lowest
'
serial preferred—_100
conv
Newberry Co
107%
25
8'/a
:
-
19
♦100
:
26
*24 Va
\ '
7%
7%
j
12
*11%
7%
;':•■>■;■
'
253/4
7%
7Vb
24%
24%
7%
19%
♦100
•
24%
7%
*
♦18%
100 Va
100%
'
26
*25 Va
19%
19
19%
♦100%
*7%
•
4%%
50
5
-
'
7%
7%
24%
24%
24
24
Y
Neisner Bros Inc
500
*107%
107%
♦107%
On
>
-
•>
Par
~
♦13
YORK STOCK
EXCHANGE
.
Shares
$ per share
„
Range Since January 1;
.STOCKS
.
NEW
'
June 19
June IK
June 17
Sales for
Friday
Thursday
Wednesday
June 16
June 15
.
HIGH SALE PRICES
AND
Tuesday
Monday
Saturday
Feb
O
73/8
7%
7%
7%
*23%
23%
23%
*3%
3%
3%
13
13
137
■135%
4
*3 %
X
*70
12%
5%
5%
5%
52%
42%
13
5%
53%
3%
13 Va
5%
53%
5%
5%
21
*19
21
*40%
43
♦40 Va
47%
21
*18%
43 %
47%
*18'/a
21
*40'/a
43
21
*40 Va
48%
5%
*183A
21
*40 Va
6%
42 '
Jan
.
24
2
2% Jan
2
59
6% Jan
79
2% Feb
13% Jun
9
142
43/4 Jan
J
51
5
x
•
Jan
8
8
11%
*13
14%
V:
*19%
193/4
:
*27
27%
*15 Va
15%
86
*85
*140 Va
■
5
*43A
8
.
W
14%
5%
19 Va
11%
11%
14%
*13
5%
14%
19%
133/4
193/4
19%
19%
19 V4
193/a
2TV;
27 V*
27
27%
*263A
27%
;*263A
27 Vb
*263A
153/4
16%
16'/a
*140 Va
145
,
*85%'
*140 Va
145
is
*15%
Y
-•••88.V:V^
*85
f'/.;
-
86s/a
::
145
2
>
*84
^16.
86
•
85%
140 Va
140 Va
:
*140 Va
16
16
18%
6% Jan
2
•; 61
2
16% Apr 28
y 22% Feb
V."
Pacific
Ltg
Pacific
Mills
30
20
2
2%
2Va
2%
2Va
2%
2
5%
5%
*5%
5%
5%
5%
*5%
53A
5%
5%
'1,700
2%
2%
2%
2%
2
2%
2'/a
2 V8
2 Va
2 Va
4.300
17%
16"%
17%
17%
167/a
17%
16%
167/a
25,800
*6%
7
'7%
4U0
16%
17
16%
*6%
7
*6%
♦90%
14%
*107%
23%
♦106%
112
1%
•27%
28
'27%
105
*90%
105
•90 Va
7.
*7
'/•/a
1%
*1 Va
1%
28% "
28'A
.*1%
105
*90 Va
.
,
.1,200
*28%
285/a
1%
28%
300
"f
1%
17
1%
147/a
■?14%
105 "
*90%
105
par
Western
Packard
Motor
Pan American
&
Transp
Paraffine
conv
No
Inc„
Cos
23%
110
109
109
--*108
112
*15
16
*15
17
112;
*107
17
*15
y
8,700
preferred
>
;
par
—^—100,
100
.
17
1%
1%
1%
1%
1%
*l3/a
1%
2,000
23% > 23%
23%
23%
23%
23%
23%
23%
,4,800
15y
14>/8
14%
143/4
*14%
143/4
U
•%
14
*%
U
*%
U
18%
18%
1%
*14
15
*14
6Ye
Park
.
'
200
;_1
preferred
100
Tilford Inc
Davis
>A
II
*%::<
?u
•
18% '18%
18%
18%
18%
18%
18 3/8
18%
18'/8
18 3/8
Parker Rust Proof Co„——
No par
10
■.148
48'/a
48% ' 48'A
48%
48%
*48%
49 %
49%
49%
►50
66
66%
66%'
67%
66
,48 Va
66
66
'-66%
*66
v
V
66
67
-
:'n%-
2 Va
*1%
lVa
l'/a
'
l7/a
2
*1%
1%
*1%
1%
*l3/4
1%
*1%
1%
*35%
37
*35
37
*36
37
36
36
*12%
14
13
13
♦123/4
13%
13
►102
105
105%
19%
19%
*102
105%
*102
19%
19%
19%
*17%
40
*39%
*16%
19 %
♦16%
19%
*16%
*39
40
*39%
40
♦39
1 %
*!i
I'A
21%
21%
21%
*!J
21%
5
38
*19
197/a
♦19%
4
Ve
*5%
23
*32
56%
8%
*70
♦97%
*7%
36
*1%
*50
19%
I#3/*
19%
20
21
20
20
*4
53/8
23%
8%
8%
8%
8%
72%
72%
72%
99
99%
99%
99%
*3
30
4%
♦58%
*7%
72
36%
36%
2
*1%
60
♦50
•
4%
60
8%
17%
17
4%
*4
4%
*45
52%
5%
*5%
23%
243/8
*7%
*62
36%
*
1%
*51
17%
23%
34
8%
73
y 24
34
•323/4
61
*5*
bo
v.
83/a
*723/8
8%
83/4
75
*72%
99%
99%
103 5/e
103 s/8
73%
37
2
60
17s/a
*7%
*62
37%
*1%
*51
173/4
73/4
*7%
72
*62
37%
2 y
37%
*1%~
60
*51
18
*4%
4%
*4%
17%
4%
60
8%
*58%
*73/4
*3
*28%
*7%
73/4
*62
72
363/4
373/a
2
*1%
•
*51
60
3%
4%
*4%
52%
♦20%
21%
73/4
4,500
2
Pitts Coke &
*73A
83/a
*73/4
8
2
*148
*166
*166
*4%
■*45
21%
43/b
4%
•vy 43/8
52
21%
*45
21%
4%
4%
52
4%
:•
4'/2
*45
4%
4%
52
y-
4%
*4
*45
X
■
Iron Corp
.No
No par
1
100
100
4%
500
4%
200
:
Pitts Screw & Bolt
Pittsburgh Steel Co7%
No par
preferred class B
preferred clas* A
—No par
:
100
100 :
pfd
100
•100
22
*21%
22
*21
21%
613/4
*57%
61
*57%
61
*6%
7%
*6%
7%
*6%
7%
*1%
1%
1%
1%
*1%
'1%
*1%
1%
*1%
1%
*1%
1%
100
Pittsburgh & West Va
Plttston Co (The)
-—No par
*11%
11%
*11%
11%
113/4
113/4
113/4
ll3/4
11%
IP/4
*11%
IP/4
900
Plymouth Oil Co-X
For footnotes seepage
2343.
230
Dec
Jan
•19%
Dec
99
May
10
Feb
16%
Dec
95%
Feb
115%
Dec
•
46%
lVa
23%
7%
513/4
29%
1% July
37 Va
1
Dec
143/b
7
2
Dec
Y'%~ Dec
6%
Jan
Oct
18
Dec
.24%
14
Jan
106
14% Apr
Jan
2
30%
Jan
20%
Jan
•;'Y-1
Jan
■;
Apr
14%
Dec
43% Mar
54 Va
Sep
73
89 Va,
Sep
Dec
1%
Dec
1
Dec
-
33/a Aug
3%
Jan
34 Va
:
Apr
11%
Dec
v
17 Va
Aug
Dec
112%
Mar
108'A
-
Y 523A July
173/a
Dec
20 Y
Dec
-25
Jan 5
Jan
5
Jun 9
Jan 24
36%
Jan
54
%
Dec
18%
Dec
Feb 7 >
Jan 24
41
Dec
60 3A
July
17
Dec
38
May
Jan
273A
Oct
Dec
73/8
Apr
Dec
7%
Jan
35%
Jan
-
25%
Aug
11% May
"
V
Dec
v
May
Sep
23/e
Dec
Dec
Apr
Aug
.
30% July
43A Dec
5%
5 Va %
9 'Jan 27
78 5 Jan 17
41% Jan
2
l3/4 Feb 25 .? •'
2ViFeb 13
1st ser conv
pr
—
—5
>
47% July
91
V July
12 Va
Jan
Dec
89%
Sep
Mar
1103/»
Dec
:
-
May
43/4 Jun
Feb
46 %
July
Dec
;
1%
Dec
"3% July
Feb 13 *
x38%
Feb
52
18%
43/8
36%
6V»
12
Feb
Feb
Feb
68
58Va Jun 11
11% May 25
Aug
: 9
77
353/4
*
56
2 C
7% Apr 29 ]
165
Feb 19
165
May 23 4
Apr .17
i 4
May 2
47% Apr 28 .
21 ' Jun
4 :
60
Jun
3
' 6% Apr .25
1
Jan 22
43A May
51% May,
6% May 12
/65* May 6
; 20'
Apr 27
5
*57%
61
19%
10
Feb
.
par
7%
*57%
Apr
Jan
Va
2
Jan 21
44
Jan 21
13 Va Feb 19
r
15% Jan
3
3
May 25
26% Apr 24
*6%
60
Jan
Mar
Jan
7%
May 23
Jan
9
Jan
9
80Va Jan ~ 5
2% Feb
5
„
Apr 20
% Jan
3
153/8 Mar 6
43/8 Jun 4
136;- Apr 28
18 V* May 25
•
7%
60
•
36
V;
*6%
60
<
29'A
17Va
%
20%
55%
10
>
2
4 y 108% Feb 27
2
24 Va Jan 30
May 19
23VaJan 6
118
25
100
100
7%
21%
17
Jan
2% Jan
104
May
18% Jan
43
*6%
21
*59
•
r
preferred——'
7%
52
•
;
Pittsburgh Forglngs Co—
Pitts Ft Way & Chic Ry Co
*148
*166%
1% Jan
2
35% Jun
8
11
May 15
■
—5
$5 conv preferred
8%
Jan
163 H Aug
4s/a
100
100
60
147% Apr
193/4 Aug
126
03A Aug
3% Jan
; 56% May ' !■
1% Apr 14
,-No par
100
No par
1
4%
*148
4%
Phillips Petroleum
Phoenix Hosiery
Pittsburgh Coal of Pa
6% preferred
*58%
Dec
—
Pillsbury Flour Mills
4Va
Jan
Feb
95
•-
100
593A
40
-
200
*4%
Jan
Jan
Dec
America
—5
Pfeiffer Brewing Co
—No par
800
173/4
11%
28%
26%
-
Dec
Dec
Petroleum Corp of
Preferred
60
Nov
Apr
63/8
21
19% Jun
5
27% Jan
7
5%
4y Apr 28
6 ; Jan 13
43A
;
5- Mar 9
6
Jan
5 /
233/8
Phelphs-Dodge Corp
-25
x 22% May 21
32% Jan 14
35%
Philadelphia Co 6% preferred
50
; 28% Apr ; 1 ■?40Va Jan 14 t
$6 preferred
-/No par-.- '.:49 *. Apr 27 '. > 76% Jan 30 i ;"69 '
8%
Philco
Corp
3
75/a Jun
3
10% Jan 7
72 r
Philip Morris & Co Ltd—1
ilO I
/55% Apr 24 ! 75
Jan 6
105 Y
Preferred 4%% series
—100 • . 98
May 20
107l/aMar23 '<*
4%%
series—
100
103
Jun 16
103% Jun 17
No par
Pet Milk Co
Phillips Jones Corp
1% preferred-'
—'
72
37%
preferred
5%. preferred5% prior
15%
4'A
17%
•
15
Dec
/.Mar 20
133/B Jan
2
44
Apr 15
1
100
100
-100
Co
Pere Marquette Ry Co
3%
*166%
4%
Pepsi-Cola
Nov
Nov
Dec
>13% May 20
100
73A
25%
Dec
■
100
Peoples GLJtCC (Chic)
IPeorla & Eastern Ry Co
30%
*4%
8%
700
100
50
—5
i
Peoples Drug Stores Inc—
:
*3
*17%
:
*58%
60
•
preferred
RR
*28
17%
30%
*148
♦44
600
99%
103%
72
100
250
700
99%
45/8
4%
:
>400
103%
*4%
*4%
13,300
8'A
997/»
3%
148
■
73%
1033/4
30%
*73%
*8%
*73
:
99%
*3%
8%
24,'
33
103 s/8
*28%
*7%
600
100
3%
*58%
"53/8
5634 ' 57
:/
8%
74
400
1,500
33
y
:
4%
103
30%
60
*"*4
21'y..
No par
No par
Sep
Apr
1%
No par
Corp—i
123/a
Apr
May
1%
1%
2
19 Va Apr 29
10
Cement
Pennsylvania
650
4%
23%
34
*57
*28%
*58%
'
24%
♦323/a
•
3%,
*3
••
5%
29%
*165
*4%
5%
3%
*
*143%
*165
53/8
••■•
20%
*5%
4%
29%
3%
30
7%
*7%
*62
*16% > 17%
4%
*32
72%
21
4%
*55% y bar
200
Coke Corp—
Deo
43A
4
6"
May
l%Jan
,
Oct
52%
5
par
No par
$7 conv pref ser A
340
20V4
20
4%
56%
5%
38%
4%
43/8
34
55%
y20( y
22,900
*43/8
20%
♦19%
100
1%
22
38%
19%
;
!A
21 s/8
38
23%
23%
*
i'/*
223/4
4%
21
*32 %
2
39%
•u
22%
37 %
5%
60
*37
1%
22 3/a
4%
5%
8
19
37%
5%
36%
*17%
37
4%
72
40
19
10,700
i—
Co—
Penn G1 Sand
>5%
19%
19
40
♦17%
40
104-
*102
19%
5
103
*62
300
37
4%
23%
400
12%
19%
19%
*19%
56%
36.
12%
y 104
(J C)
Penn-Dixie
36
19%
19
Penney
No
Ford
200
1%
1%
,
&
Penn Coal &
123/4
*102
-
Penlck
100
36%
*54
4%
2
1%
21%
1%
22 3%
*1%
1,800
36%
*4%
4%
34
19%
y
•36%
5
♦36
21
\
\h
21%
19%
66%
*1%
2
38%
*4%
*4%
*36%
105
19%
19%
1%
400
*12%
y
13
*102
..
*
2
51:
Patlno Mines &
56%
8
Apr
15
2.50
TransportationEnterprises
Parmelee
2,200
7%
10
31
Jan 17
18%. Feb 25
101
Jan
2
-
*%
Jan
>;
2% Jan
No par
Co
&
Dec
383A May
/ 53/4 Jan
1
Park Utah Consol Mines
Parke
45 Va
3
1% Jan
2
2% Jan > 6
ll3/4 Apr 23
18% Jun
8
-7- May 11 /
8% Jan
9
1. Jan
2
1% Jan 27
20% Apr 28 v 28% Jun 18
'90 ■ Mar 6
100 ' Jan 27
>113/4 Apr 24 y 15s/b Feb
5
100% Apr 23 -114% Feb
5
1
1st
&
Inc—
Pictures
Paramount
6
Jan
21% Feb 3
13
Feb 3
15
Apr 20
20
5% Jan
>
,_5
.->5
Airways Corp
Petrol
Pan-Amer
5
28
1% Mar
10
No par
Panhandle Prod & Ref—:—^.——,!
Jan
Aug
26%
7
;_1
Oil Corp
Car.
103A
60 Va
Jun
Jan
121
-100
Pacific Tin Consol'd Corp
Pacific
„
100
Telep & Teleg
,;y 6 7o preferred
y.4%-
143/a
14'/a
147/o
*15
23%
.-,.♦14
145/a
*107
112
23%
♦15
,
14%
14%
14%
1%
■15
*14
;
1,300
No
Dec
Apr
8% Jan 27
6% Feb
3
22% Apr 27
133/4 Jan
3
74
Apr 25
No par
——
Jan
Jan
150
;
33/4
Mar 28
7
Sep
Jan
16
Jan
15% Apr
"
14%
14%
1%
,
♦90%
105
17
Y7:V
*11%
:
28
28
29%
17
*15
1
1 ■■>•
-1%
*27%
7
Va
Pacific
>
•
25
Corp—*
2'/8
2%
(Cal)
—
Jan
17%
40 Ve
48
16
Apr 28 y
9% Apr 27
Jan
6 Va
9
54
4% Apr 27
10
Jun
;
-
9
4
63^ Mar 27
,-5
Electric
&
Feb
•
140
2
43% Apr 25
42 Va Jun
par
12.50
No par
No par
10
:
200
yyyy
.
-
Co
Gas
5%
*2
2d
Coast
preferred
preferred
Pacific
5%
2%
"1st
400
142 ?:■:
*140Va
Co.—
Pacific Amer Fisheries Inc
Pacific
1,200
.
85
85
85%
143
Glass
Pacific Finance Corp
.
2Va
•2
—No
Co
Owens-Illinois
60
27 Va
*15%
;
60
V
11
13 Va
*13 Va
19%
'v
*19%
Outlet
310
11
*19%
*
,i:
1,000
:
5%
20"
193/4
*13
/
*2,900
8.
*5
*17%
12
lls/a
14
,v>:8>/
5%
19
19
11%
*13.
w—
49%
48%
8%
*73A
*5%
19%
:
'
49%
49
8
5%
19%
11%
11
11
8
17 Va
5
*
19%
*17
18%
*10%
-
8
*7%
-
4%Y;
*4%
*17'A
483A
Jan
•
July
.
104%
93/4 D£o
132 V Mar 20
1st preferred..—No par
Outboard Marine & Mfg
10
23% July
V10
Deo
9
28
'
48
47%
47
v64 >
Jan
11% Mar 12
.100 ;
i.X
Dec
3% Jan
Jan
2
2
12
2% Apr 28
—
$5.50 conv
6% Apr 29
17
—100
preferred
Otis Steel Co
6,700
2,600
'vi';
.
•'
No par
6
preferred A
Otis Elevator
••
30
54'/a
54
8%
•
.
(The)
Oppenheim Collins-
1,400
,
42
*18%
43
48
♦19
•40%
140
5%
53/4
54'A
;
500
13%
13%
*137
54%
54
Omnibus Corp
3%
3%
133/a
Oliver Farm Equip
600
73
*70
140
900
3%
33A
16,300
23%
*23
73
Ohio Oil Co
7%
73/a
3%
*137
146
5%
.
*3%
12%
12%
♦137
53 Va
53
*70
73
3%
142
5%
52%
*70
3%
*136Va
141%
£
73
*3%
■u".
13
127/8
137
23%
:
3%
3%
3%
*3%
73
*68
73
*71
7%
*23%
23%
4%
73/8
:
6 :
6
5 •
Jan 15 \
Jan 21
9% Jan
165
Feb
175 "• Feb
5% Jan
63/a Jan
61
Jan
33% Jan
70
Feb
10% Jan
1% Jan
14% Jan
•
Y
13
28
Jan
73/4
Jan
46%
Jan
Dec
83A
Jan
4%
64
Dec
84
Dec
15
163
Aug
166
174
Mar
181
6%
33A Dec
4 »' Dec
14 •/
20
23%
Dec
"Dec
)
2%
27
14
19
25
5
6
3
14
26
Dec
*
July
Jan
Jan
,
7%
9%
-
Oct
Feb
Jan
Jan
45% Feb
65
Jan
24 Va
Dec
43%
Jan
Oct
75%
Dec
15
51
6
v
Jan
July
'
A May
13%
Dec
13A July
17
July
THE
Number 4083
Volume 155
COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK
$ per share
17
*15%
15
*15
vi-v:
17
Ya
16 YB
*5Yb
6
*57/s
6
6%
*53/4
67/b
*53A
67/b
*21%
22%
*21%
22%
*21%
22%
47%
47% '
*10 Ya
48
48
118
118
47%
118
118% ft
10%
10%
*68%
70%
*74%
77
*87 Ya
89%
87 Ya
87
10%
10%
*68 Ya
70%
*69
*767/a
77%
77
77
89
*873/b
88Ya
*87%
106
106
108
108
108
112
112
112
112
112
112
22%
21 Yb
7%
7%
7%
21
21YB
21 Ya
21%
217/B
7YB
7%
8%
1,600
88%
100
7%
106 Ya
106 Ya
200
preferred
preferred
1113A
112%
500
21%
213A
8%
4,100
4,700
Pure
Oil
*89 Ya
93
93
93
100
81 %
80 Ya
80%
81 Ya
82
V 82
82
600
10%
10%
103/B
10%
10%
IOYb
300
6% preferred—*
5% conv preferred
Purity Bakeries
9%
9%
9%
9%
200
3%
19,600
52%
900
3%
3%
*2Y4
*
*78 3A
110
Dec
123% Jan
79 y® Mar 30
111
Jan
106%
Dec
137
99
Mar 30
123
Jan
117
Dec
158% Feb
111% Mar 19
115
Feb
114
Dec
117%
*8%
3%
3%
3%
52
51%
102
52%
V
3%
52%
102
*78%
102
•9%
9%
3%
3Y4
3%
52%
52%
*783A
*9
3%
52%
52%
•
102
*78%
Radio Corp
8Ya
$5
*25
*1 YB
2Ya
*23/B
2%
500
*50
373A
*347/B
37 3A
10°
16 3A"
*16 Ya
163A
*16 Ya
17
*16 Ya
17%
*16 Ya
,17
preferred
Raybestos Manhattan.
Rayonier Inc
$3 preferred
Reading Company.
4% 1st preferred
4 % 2d preferred
2%
23/b
8%
8%
24 3A
*2%
2%,..
8Y4
*8Y4
24%
'*23%
24%
12%
24%
83/a
24%
12 Ya
12%
12%
8%
243A
.
67/a
*6%
21 YB
8%
•
21%
2
*50
6%
6%
400
*83/b
8Ya
*23 Ya
24%
500
12
700
*50
60
♦11%
12%
6%
*6%
6%
83A
*11
6%
63 Ya
*607/a
63
*38%
46
*38 Ya
46
*39YB
46
*40
46
*40
2%
3
*27/a
3%
*27/B
3
13%
13Ya
133A
13 3A
98%
*94 Ya
98%
*94 Ya
98 Ya
74%-.
•69
74%
*69
74%
110
5
'
•107
110
*52
110
*107
54
54
54
'
55
•
*77
*4%
25
•35
•
•7 Ya
7%
.*3%
*33A
-
*33A
98%
74 Ya
5
*4%
*107
110
*45
*107
54 Ya
\
76 Yb
x76Ys
763A
4Ya
24 Ya
*7Y4
•
4
*35
-
4
.
*7
73A
X7%
4
*7
•
17Yb
*36
■
43
8Ya
8%
83A
8%
*36%
43
*36 YI
43
*36%
•
*8Y4
8%
8%
QVa
•
*36 %
40
8%
83A
40
•ft
24%
24%
ft
ft
24%
24%
24%
24%
32
s7a
*%
%
*%
%
*%
%
%
♦ft
ft
•ft
'%
%
•%
7%
*2
•
•
24
7%
*2%
7%
*2
•
Itf
3/a
25%
3%
*2%
*2%
3%
12
*4
12
*4
12
12
*4
12
34
34
34
34%
34%
35
x34%
34%
345/s
108
108
108
107%
108
Xl06%
106%
11%
11%
*11%
11%
;
108
15%
81%
*31
31%
*31%
31%
31%
*114
ft
&
%
*%
%
11%
*11%
11%
ft# <•'#:''A ■'
*%
-■: ii%',
■ft
7%
7%
*7%
8%
8
8
>51%
53%
*5%
6
•5%
57%
57%
y-i-i 5
5
*31
5%
11%
1%
*22
•
*22%
75
*109
111%
*109
22%
♦67%
-
75
*17%
11%
*10%
11%
14%
*13%
14 Yi
•13%
7 ft?:
2%
*14%
*18%
.
19%
2%
2%
*126%
130
18%
18%
*17%
10%
*9%
10%
10% \ 10%
10%
1Q%
*13
24%
♦39
*1%
*2%
*18
24%
131
19
19
*126%
18
*9%
•126%
;•
.ft# 1% ft
t
*2%,
*18
.■
1%
3
18%
*57%
59%
3%
-
1%
*2%
2%
13
4,000
24%
1,700
Southern Pacific Co
Southern
45
3%
98
98
2%
18%
*18
18%
24%
24
24 y4
Ry
Sparks Withington
Spear & Co
58%
58 Ya
100
3%
3%
3%
700
Spiegel Inc
*110
111
*43
45
3%
-*97
*41
,
28%
*110
*43%
42 %
28%
ill
45
ft;
*109
.
3%
99%
3%
*97
42
28%
42
28%
'110
45
90
1,700
111
*44
200
100
>109
3%
3%
99%
98Ya
3%
99
8,100
500
•
47
Jan
8Ya Dec
42
2
Ye Apr 27
17
34Ye Jan
Nov
A
27
27
2
110
Jan
3
19% Jan
3
16% Feb
36% Jan
Jan
11
ft Mar 21
116
39% July
% Feb
Ya Apr
ft
6
May
8
Apr
Sep
Dec
113
Jun
12%
Jun
23
8Ya
10
9
Jun
Jan
Aug
106%
x
Sep
Sep
9
Jan
1
47
15
Apr 16
Apr 17
48%
July
Apr
5
89% Jan
25%
112Ya
106'/a
%
x
35
May 15
78
••
4
3
12% Apr 28
•
■
20
Jan
Apr
17%
79-
Jun
94%
Sep
31
Dec
39 Ya
Sep
109%
Jun
llSYa Mar
107
Dec
112
109% Mar
6
Feb
10
Ye
Jan
%
Jan
28
%
Dec
% July
Jan
5
11%
Dec
A
ftftft
l
13%
3% Mar 24
1%
Apr
Jan
5
49%
Dec
73/4 Jun
1
4'/a
57
July
Jan
17
July
3% July
78%
Jan
10%
Jan
Dec
53
Jan
2
60
Jan
6
48%
Dec
14Y4 July
71% Jan
7
Jan
47/8 Jan
.
4% Apr 29
Apr 29
64%
4Yi
30%
10%
—„5
ft 2%
h
11%
7/a
20 %
193/b
Mar
6
61% Mar
5%
,
3% Apr,
15
51%
4
Jan
20
May 21
34
Apr
Apr
Mar
May
Apr
Jun
Apr
Apr
Jun
24
14% Jan
2
28
4% Jan
15% Jun
V
22
14
6
14
Jan
23
29
16
100
Jan
2
Jan
28
16
Apr 29
9
Apr 15
13% May 18
20% Jan
'ftftft 6% Mar 11
8% Jan
1
1% Mar
6
5
14
Apr
18
Apr 24
17
25/b Jun
Jan
Jan
18%
Feb
95
Feb
112
Jan
111% Dec
114
Jan
144% Jan
27
147/a Apr 29
20% Jan
12% Jan
5
13% Jan
26
No par
par
v
Apr
Juipi
2
2
Oct
25% July
15
Feb
18% Nov
7%-Dec
103/4 July
lYa
Sep
Dec
2% July
13
Feb
13
Jun
19% Aug
23 Yb Dec
120
Aug
x
10
9'AApr 20
10
126
;
35%
Feb
9
3
7.50
303/4 NOV
Jan
14%
13%
16
—25
Jan
Oct
3
15% Jan
5
22
9:
26% Jan 26
Sep
Jan
16% Dec
2Ya
5
No par
Dec
21%
4
17
40
Dec
6
Feb
28% Jan
6Ya
Nov
6
13% Jan
65
109
Dec
5% Nov
59
1
2
112
100
Feb
Dec
11%
9
26
4
32% Dec
10% Jan
1% Mar 24
8
par
No par
15
2
150
Mar
16 Ya
x
Dec
27% Jan
10
Dec
13 %
Jan
14% Aug
8
-
11 Ya
Sep
12% May 20
18% Feb
5
19 Ya
July
23% Jun
353/aJan
24
19%' Feb
36 Ya
Nov
50% Mar 24
23 V4 Mar
37 Ya
34% Jan
2
5
1% Jan
Feb
5
1
May
6
2
Dec
2
Oct
Jan
1% Apr 24
2% May 4
3% Feb
> 17 % Apr 28
217/a Apr 28
20% Jan
8
17%
1
31% Jan
6
27 Ye
Dec
22
July
39% July
No par
No par
31% Apr 28
49
Mar 16
37
Mar 24
27%
Apr
38% July
60
ft," 2% Apr 14
Jan
3
4% Jan
6
No par
35
Apr 27
45% Jan
14
—1
5% conv preferred—
Squibb (E R) & SOns
$4.50 preferred
30
9% May 19
par
No par
;;
Conv $4.50 preferred
Square D Co—
$5 pref series A
Standard Brands
Apr
4% Mar 15
44
6% Jan
Dec
Uec
1% July
Nov
14% Aug
Dec
Dec
7
5% Jan
21
2
597/a
3%
#
:
27
Jan
1
*57%
2,500
10Ya Jan
Apr
2% Dec
14% May
Jan
—No par
3%
1
6
-
Jan
Dec
No
59%
♦109
3%
*2%
400
16
5Y» Jan 20
5
preferred
100
Mobile & Ohio stk tr ctfs—100
*3%
42
111
1%
:
*57%
287/s
*43
*1%
83A Jan
12% Aug
9% Jan
2
5%
"•
53% Jan
ft
100
35%
28%
*109
1%
200
Dec
IYa Feb
7%
preferred
*32%
41%
*109'/a
39
49%
15
3
Southern Natural Gas Co
35 Ya
42
12%
*37
27
Jan
ft
10
Southern California Edison
*33
28%
2343.
8,800
8 %
Jan
9
5
No par
Greyhound Lines
Sugar
34
*40%
For footnotes see page
10%
24%
ft:
'
*28%
98
103/b
400
54
27
15
Spencer Kellogg & Sons
Sperry Corp (The)
Spicer Mfg Co
$3 conv preferred A
24%
24%
3%
*95%
1,000
34%
Jan
South Am Gold & Platinum
10
18%
3
v
*18
18%
*18
41%
287A
3%
18%
9Yb >•, 97/B
40
*2%
3%
98
126% 126%
10% Jan
Dec
10
No
So Porto Rico.
13%
1%
,*40%
3%
S'eastern
500
25%
1%
3%
*95%
500
13%
*37
ft
41%
3%
3,500
19'A
243A
13%
39
3%
3%
2%
14%
Dec
22 Ya
% Feb
No par
Socony Vacuum Oil Co Inc
2%
5
27
7/b Jan
106
July
4% Jan
19 Ya Mar 20
29 Ya Apr 30
Sep
95
27 Ya Jan
2
10
Smith (A O) Corp
Smith & Cor Type v t c
Snider Packing Corp—
19%
Dec
3
No par
preferred
14%
75 Ya
15% July
14
Petroleum
2%
10%
24%
King Coalition Mines
14Ya
10%
ft
*40%
42%
17,200
10
3%
111
7%
18%
•
34
59%
42%
7%
100
19
80%
.
Apr
Skelly Oil Co
$6
Dec
8
Sloss Sheffield Steel & Iron
7%
*97/b
•
33
*57%
*109
800
To
300
18%
ll-
23%
59%
*109
?
.
-
200
9%
39
24%
*57%
45
|23Ya
*75
14%
18%
24%
24%
34
" 111
Slmonds Saw & Steel
17%
130
33
;
*33
*42%
200
22
Silver
Apr
6%
ft Jan
—15
Simmons Co
"
18%
*109
Simms
7%
130
*
lS
24%
39 :
34
•109
100
11%
*126%
*126%
13%
13%
*28%
500
4,300
Sep
Apr
60
% Jan
_No par ;;
No par ft:
No par
Pen Co.
1%
129
97
5
6
May 26
23
Jan
3
19
May 20
34% May 13
Jan
11
20
4
Feb
97
Dec
Jan
9
7
Ya Feb
4%
22% Jan
101%
Dec
No par
Shell Union Oil
6,100
11%
.20
1
,
Apr
No par
:
pref ser A
2%
109
par
Aug
77
Jan
3% Dec
Dec
96
85Y4 Jan
Apr 23
35
May 6
6Yb Apr 28
6Ya Apr 30
Feb
14 Y4
5
8% Jan
74
29
9% July
Dec#
2
3
129 3/b Mar
11
20
x
Y4
23
6Ya Jan
May 22
6Y« May 20
75 Ya Apr
Jan
86 3A Jan
54
10% Apr 23
5 ftftft
2
May 25
No par
43% May 6
(Frank G)
(W A)
19
100 Ya Mar
8
No par
preferred
14%
'
106% Jun
:
1
conv
Sheaffer
17%
2%
$3.50
Shattuck
600
34
,
61
70% May 14
4Ya Apr 23
Sharpe Sc Dohme———No par
200-
i
*133A
*19%
10%
39
29
*67%
*100
$5 conv
800
59
14%
*14%
10%
10%
*33
29
57/a
11%
2%
18%
24%
24%
20
11%
14%
.
x9% ft
13%
24%
*22%
75
19%
2'A
10%
24%
ft
Seagrave Corp
*13%
7%
18%
13
3%
23 Ya
109%
19%
.
i:
130
24%
24%
*21
*17% ..17%
18
18
13%
1%
_23%_
"11%
ft *10
24%
40
22
14%
14%
#
*!8
*100
;ftl4.,ft
7 Yi
2%
*14%
-
54
Xl4%
*67%
75
109%
*11
#13%
7Ya.1
14'A
19
2%
15%
•21
Seaboard Oil Co of Del
'
'
7
2%
19
-
2%
15%
Dec
2
_100
Sharon Steel Corp
11% ' 11 Ya
H
•23%
*17 Yi
18%'
llYi
14%
2%
15
23 Ya
*67 Ya
*105
14Y4
*13%
7Ya-
7
7%
•
109
# *10%
•
...
No
300
1,600
*31%
34
100
Servel Inc
*2%
v
22
*21
75
*17 Ya
18 Ya
18%
*11%
12
1%
#
23 Va
109
2%
15'A
15
34
2
14
2
16
—No par
200
5
Feb
4Yi Jan
48
6
13 Ya May 14
5
;
preferred
5,600
4%;#
67% Jan
X94Y2 Jun
No par
No par
Sears Roebuck & Co
*57%
5 :.ft;
11%
4-2 %
6,100
,
Dec
5
preferred
preferred
^
57/B
58
*31%
900:
2
•52
5YB
57/B
58
$4
V/a
7%
8 ft?:ft 8
ft,
54
*4%
5%
34
*2Yt
2%
1 %
Ya
6
-
11% "11%
Ya
23 Ya
111 Ya
*4%
20%
*67
57/a
*57 Ya ft 58
*31 Ye
20%
#
*17%
•;
.
20%
#
'ft
113A
54
53 Ya
100
tSeaboard Air Line..
4,200:
%•
53%
7%
53%
53%
30
•
..ft
*1%
2
54%
,
8:-/:
15 Ya
lYa
20ti
23
2Ya'
15
15 YB
15%
-
20%
«
*67%
7%
7%
*1Yb
5Y4
11
11%
2%-'
*2%
2%
*20%
53Ya
2
—100
$4.50
109
*11%
11%
63 Ya Jun
No par
Scott Paper Co
'
10% Nov
100
preferred
500
12,300
ft •%,
%
.
11%
53%
7%
34
*31
%
:
12%
Apr
100
200
4,200
.
Apr
7Ya
.
100
5%
115 */a
•%
Dec
9%
——10
—.
Francisco
313A
*106
6%
3Y« Jan
preferred
Nov
6
par
:
Nov
16
2
par
.No
Sep
53
Apr
2
3Ys Mar
preferred
Savage Arms Corp—_
Schenley Distillers Corp
5 % % preferred
16 Ya'
*114
ft
7
7Ya Feb
100
Corp..
84
31%
5
100
Safeway Stores
170
113A
15%
108
Louis-San
5%
2,700
106
•82
115%
%
52%
5%
58
■
..
11%
53%
*4%
11%
11%
15%
.-
.
11%
8 ft
*57 Ya
ft#
34
34
Mi
ft
.
'*%','•-,%
:..v
7%
5%
5%
58
2%
*114
-108
2%
*51
53%
•51%
32
118
53 v?
*7%
*57 %
14%
32
109
11%
7%
84
31%
*ft
:
16%
*82
*108
v
%
*2
7%
*11%
16
15%
'82
12
11%
11%
Joseph Lead
tSt
6%
34 3A
106
8
38 Y» Jan
100
tSt Louis Southwestern—
*4
343A
'
106%
11%
'
V-:'7%
*31
*%
5*%
53
52%
53 %
*5
s
*11%
2%
*2
2%
*2
52%
109
*% ■#v ft
3S2
*106
*114
118
*108
109
*108
108%
82
15%
117
*113
117
108%
82
31%
31%
*113
15%
♦80%
15%
*80%
15
15%
82
15%
*80%
11%
11%
11%
11%
St
100
33A
*2%
34%
*4
Jun
16 Y4 Feb
....
3,700
•4
55
Jan
2%
22 Ya Mar
15
30
No par
—
Dec
93A Jan
..No par
.No
(The)
24
1
8
12 Yi Feb
100
.No
27% Aug
Dec
7 Ya May 18
X55
Mar
9
100
...
Dec
19 Ya
Jan
_
__
22 Ya
Apr
.No par
$2.50 conv preferred
100
^Rutland RR 7% preferred
2oo'
Apr
6% Apr 24
100
_
18% July
29% Aug
18% July
103A Mar 11
.No par
Mfg
Co
2
Jan
Dec
2
13
Dec
Dec
23 Ya Mar 11
May 28
3%
55% Oct
21% July
Dec
Y4
11
25
,
83A
16
39
1
Rustless Iron & Steel
Ya
*ft
27 Ya Feb
'
.No par
10
a
ft
10
Antelope Copper Mines
Ruberoid
'
3
'"Y
%
•ft
ft
*
ft
Ya
%.
Ritter Dental
Roan
■
YB
•A
•ft
»%
40
*36 Ya
-
100
-1,700
8Ya
23
10
800'
1,100
'
3
28
20
Tob class B —10
Richfield Oil Corp
.
263A Feb
15 Yb Jan
1% Jan
__
200
173A
8
5
50
Common
'
8
14 ya
2% Jan
1,900
.
4%
-
8
100
Reynolds (R J)
7%
-;*3Ya
18'". • Y'
18
-
800
7
7%
4
4
17%
17% Jun
& Co 1st pfd—
6,300
«
39
7
''
17 Ya
17 Ya
17%
24%
*35
2
11% Apr 16
23 3A May 28
——
80
Dec
7% Jun
__
300
43/a
24%
7Y8
'K
-
*4%
•
39
7%-"
"
763Av
43/a
39
50
150
6%
24 Ya
v
;
*6 Ya
Dec
2
23% Jan
Republic Steel Corp
6% conv preferred
6 % conv prior pfd ser A
Revere Copper & Brass
7% preferred...
5Ya% preferred
Reynolds Metals Co "
5Ya% conv preferred
Reynolds Spring
--900
54%.
'6%- V:
43/a
7 Ya
>
no
*45
'
*6%
783A
'
Jan
88
15% Jan
ft
ioo
Jan
62%
Dec
38 Ya Mar
Reo Motors v t c
9,000
;
4%
4%
24%
/:■-
14 Ya
*73
63A
♦35
7
13%
*94%
74 Yb
4Y«
Dec
9
Rensselaer & Sara RR Co
'
Dec
2
Preferred with warrants.
-—
800
2%
14 V4
54%
-
—
———
2%
98 Ya
43/s
7%
*7 Ya
4
17 YB
*163A
17%
■
45
24 YB
-
39
7
7%
*7%
••
4
•17
•
6%
67/a
67/«
24%
Ya
*35
40
*35
40
6%
•4%
24
24%
*40
2%
14 Ya
lio
63A
*78
78:
4%
45
Y
r'".*
*73
•4%
♦50
>
'
63
*94 Ya
14
*107
6%
*60%
2Ya
85
3Yi Jan
Remington-Rand —.ft—
1,200
12% July
47 Ya
46YaJan
11 Va Jan
Oct
8
25
4
—
Reliance Mfg Co
8%
73
4%
54
78
4%
24%
4Ya
24%
Apr 23
12%
5
Apr
No par
Reliable Stores Corp
300
11%
8Yb
3Y, Jun
54 Y« Feb
88
Hosiery
(Robt)
6
Apr 25
Dec
95% Aug
8% Apr
34Ys Jun
Preferred
Reis
70
98%
133A
73
109 Ya
•
6%
6%
-
63
2%
2%
*94%
5
*6 Ya
78%
78%
78%
•4Y«
6%:
6%
6%»Y
*6%
14
5
*47/a
4%
2Y2 Mar
88
Oct
Deo
107%
Dec
100
conv
Silk
Real
'
13
8%
*60%
400
100
13
11%
*607/B
2%
*50
12%
8%
63
13%
1%
*63/a
8%
♦60
*94 Ya
*13A
50
63
*69
'■ 47/a
213A
12%
♦59
&
25 Ya
*20 Ya
11%
•8Ya.
8%
*25
2
*45
63A"
*6%
11 %
•11
8%
25 Ya
*1%
12 Ya
12
-
21%
21%
2
*13A
75
Y,*U%
11%
*25
25%
*20Yb
*13A
12%
*8%
87/a
*25
213A
21%
2
11 Ya
*83A
25 Ya
*25
25%
*11%
/
12%
12%
*52 Ya
12%
•11
12%
*1%
— —
*11%
8%
Jan
12
83% Feb
97/B May 19
46Ya Apr 28
Radio-Keith-Orpheum
*34%
21 Ya
2
8% Mar 11
Mar
94
x
20
107/e Feb 25
2
2%
37%
*25
21%
91% Jan
Jan
29% July
Feb
7
101% Jan
17
29% Jan
19% Dec
Jan
9% Mar 11
.No par
*34%
12%
■
80% Jun
par#
.No
_
37
•8%
25 Ya
21%
_
*34
*24
12%
90% May 13
10
of Amer
preferred B
23/a
"
•12 Ye
10
9
26% Feb
Apr 28
100
$3.50 conv 1st preferred—.No par
102
*783A
35%
*16%
24 3A
Apr 24
100
—No par
23/B
163A
*24
ft
Dec
.
35%
2%
37
16 Ya
*9 Ys
9%
.
51%
102
*33
f'v
Dec
92
-Uft
3%
513A
*783A
i
11%
75%
Quaker State Oil Ref Corp
*50 Ya
'
8
14
7
93
*9
Sep
14
21
*89 Ya
9%
Jan
July
14% Jan
No par
(The)—
*80%
*9
120
86% Jan
299% Jan
.No par
*10
.ft
40%
61%
115
3
——No par
Pullman Inc
8
Mar
Mar 30
100
pfd $5
10
...
Dec
50
Jan
73% Mar 31
___
Pub Ser El & Gas
8
*10
21%
29% Jan
Oct
—100
*
80 YB
93
Jan
9'/8 Jun
10
*90
Jan
13%
62
No par
80 Ya
-'
13%
Dec
.No par
——
10%
93
Dec
6%
100
$5 preferred—
80 Yb
*89%
5%
8% Jan
52
807/o
93
8% Jan
119
*10%
*88
2
17
preferred
8%,
13%
16
*87 Ya
*
Feb
Feb
Corp of N J
Jan
8% Jan
4%
Feb
6%
21
3% Dec
5% Jan
42
500
Highest
J per share
Jun
6% May 20
25
Apr 16
5.
..No
16
15
16% Jun
115
77
22
8%
•'
10%
Jan
*
$ per share
7
par
Pub Serv
70%
17
8
3% May 21
—50
Gamble—*—
&
$ per share
pfd (ser of Feb 1 '29) —100
5%
430
2d preferred*
conv
Procter
3,000
1st preferred——
conv
5%
48%
77
112%
21 Ye
7 Ys
Ya
7Ya
9Ya Jan
5% Jun
223/4
*69
'V
107
*1113A
200
118
No
15 Ya Jun
5%
10
88 Ya
107
108
112
IOYb
*87%,
-500
48%
Pocahontas
Year 1941
Lowest
Highest
share
par
67/B
118
70
76%
105
•21%
ft
10%
10%
70 Ya
57/B
*22
48 Ys
118
76 %
; :>•
Ya
5Ye
$ per
Poor & Co class B_
No par
Postal Teleg Inc preferred—-No par
Pressed Steel Car Co Inc
1
9,100
*53A
6
118
118
###
37/B
Lowest
Par
Pond Creek
Range for Previous
On Basis of 100-Share Lots
./•#
17
15 Ya
Range Sinee January 1
STOCK
EXCHANGE
Shares
143A
22 3A
48
-48Yb
48
*117 Ya
for
*3%
;
67/8
*22
10%
70 Ya
77
105
6
*5%
67/B
22 3A
*68 Ya
10%
*68%
*74%
*111 Ya
37/B
153/e
57/8
*22
118%
*15
*3%
NEW YORK
the Week
$ per share
17
15%
*53A
,
48 Yb
YB
3%
Sales
June 19
share
per
*15
16
57/a
6
*53/4
$
17
143A
'
*5Ya
*117
Ya
Friday
June 18
share
3YB
33A
15%
*3
15%
$ per
share
per
*15%
3Yb
3%
ft:""' 15
15
ft..
17
*15%
3% '
*3%
S
$ per share
STOCKS
Thursday
June 17
June 1G
June 15
June 13
Wednesday
Tuesday
Monday
Saturday
RECORD
HIGH SALE PRICES
LOW AND
2341
28
May 21
38% Jan
100
No par
No par
—
L
No par
No par
108 % Jun
40%
111%
2%
89%
1
Apr
9
Apr 20
Apr 29
May 2
Dec
54% Aug
3
34%
Dec
Dec
31% Feb
Feb
6
11
49% Jan
6
47%
Dec
113
Jan
Jan
6
T%
Dec
110
Jan
8
108
Jun
60
Dec
6% Jan
57%
Jan
40 Ya Aug
8
5
6% July
114
111
Dec
117% Aug
48% Dec
6%
Jan
113% July
f
2342
THE COMMERCIAL & FINANCIAL CHRONICLE
■
new york stock
'•!•
low
June 13
June 15
$ per share
$ per
*
tt'B
VH
Wednesday
Tuesday
Monday
Saturday
high sale prices
and
Vy'V'*.,.;
June hi
:
$ per share
share
.
June 17
*
%
-
*
■
I Sales for
.
,
> June 19
$ per share
11
record
STOCKS
Friday
:
June 18
$ per share
>
Va
ii
hhv
Thursday
Monday, June 22, 1942
the Week
$ per share
'
1/4
"16
'
■
Share**
%•
Range Since January
EXCHANGE
Par
%
%
:5%
6
'
*1/8
1
*1/8
1
I'V'Tfc/!/:
7
*6%
8
*7%
7%
20%
20%
*6 :;v
*7%
%
,7s
*6%
1
ns
:
6%
*6
7%
7%
*7-Vv>
20 Va
20%
■
y
"
.'
1
ii
.
V
15
.
'
6%
*6
.
7
*7y8
6%
*5%
7%
V/7%
21
21V#
21%
20%
25%
25
253/8
24%
35%
36
35%
.
<24%
35%
35%
■
•
*7%''
•
200
•
>
20%
24
24%
24%
24%
24%
34%-
34%
34%
34%
34%
31
31
20%
24%
34%
-,'i
31%
*25%
i 27 %
31%:.;"'
'
*24%
27
*24%
55%
55%
*54%
55
54%
25
'
6
:
■>,.
•
"/:n:5%'::
6
.
3%
3
%'*;•• ;
*4%
.5%
3%'
4%
>4l/a
-4%'
'
31%
'
31%
31
253/4
25%
,31
25%v
55%
55%
55%-
6V:';
6
6
6
3%
4%
3%
374
3%
3%
4%
4%
4 Va
22,100
"25%:
54%
*4Va
9,100.
'
1,400
4
4,100:
.3%
4%
4%
1,000-
*4%
4%
1,500;
47a'
,
1
*49
*12%
12% -;
*1
v.r
I':':':
10%
*9%
12V4
*12%
10
*97a
22%
22%
22%
22%
22%
22%
23%
23%
23%
23%
23
23%
4%
4
: 4
4
*4
Stone &
.
25
Webster———No
•12% ' 12%i-
127a
t
10
10
10
20
20
1,200
20
*3
400
22%
22%
23
22%
22%~
23%
23
23%
22%
4%
4%
4%
4
4
-
3,500/
—
"
'
600
*J5ymington«Gould Corp.'
1
.„
%
5
1
per
■V.:.'
share
1%
Jan
4% Mar
;
21 y» Mar
10% Dec
22% Mar
6
33%
34%
57
6%
,.
•
;
33
:
4% Jan .27
•
I
5
5% Feb 21
25
•
19% Mar 11 ' V
-'
4
Mar 26
-5% Jan
8% July
8% Jan
66% Dec
126
Dec
Dec
Dec
3
Jan
Jan
2% July
18 V* July
23%
Dec
Jan
5% Aug
19% May
16% Dec
3% Dec
5
July
9
2T
.
9% Dec
24%Jan'28
.
6%. Nov
j
16'/a Nov
Jan 26
Jun
8% Jan
Dec
1%
6
Jan
66
3% May
4 Yi Dec
12%
6
3% Mar
40
:
Dec
3%
.
20% May
48% Aug
V
■
50
Apr.
117% Jun
.,
13
Dec
3%
55% Jan
9
;126: Jan; 3 :
5% Jan ; 14:
15% Jan i- 9
1% Jan: 14
13% Jan
3
9%May20
"
Dec
Deo
4%
May 19
Nov
34% July
Dec
:
461/a
29V
-
9
5% Jan
-
,
Feb
51
Jaii/16;
Jun
25 y#
33
Jan: 3
3% May 27
-20% Apr 30
Ui
17% Mar
25% Mar
42% Jan 27
Apr 28
17% Feb
.
'Swift International Ltd—V
2,000"
Dec
13% Jan 14
11% May 13
Swift 4c Co_——25
•
8%
22% Feb,
vV27% Jan.
3% May 28
---100
Sutherland Paper Co————10
Sweets Co of Amer (The)
112ya
—
22%
4
;
..
.
500
4%
*3
4%
Dec
i
.
4 >Apr 16
3% Jan: 2.
par
Superheater Co-(The)——No parV
Superior Oil Corp—1
Superior Steel Corp——c-100
.
7a
•.
Apr 28
.
Sunshine Mining Co—i
*400;
*11%
1
<
Nov
•.
Sun Oil Co_——:
No par
43
Apr 28
: cias$ A pfd^4%^cuift) vV-^-lOO 4 116% Apr 13
■
40
700
%
7
1% Jan
6
11% Jan. 14
•
Mar 14
420 /Apr 28
30% Apr 24
25% Apr 28
24
May 20
42
Apr 24
S</« Jan .2
S'/a Mar ' 9
Studebakter Corp (The)—-ii——1
-
500
'
3%
10
434
23
4
V123
3%
20
'
20
22%
-
60
123
1
9 Va
*3
*49
37a
V
12%
1274
20
4%
50
123
3%
V' I/-'
9%
20 Va
*3
4%
*122
V-4
'VI; V
*20
4%
4%
■'
50
122 Va
122%
:
1V8
v'
20
-
49%';
»3%
12%
-
10
20
V
4%
*3
49%
,
3%
1
20
*9%
*19%
49%
121 Va
3%
12%
12%
1%
*49
4% g
:
121%
4
•3%
3% '
;
122%
*121%
122%
31/8
50
*49
50
*121%
/
ft Jan
Apr 25
May 14
Highest
t,
^
$ per share
2
18
'
4%
Year 1941
$ per share
.
,
Standard-Oil of Ohio———
25
Starrett Co (The)> L.S——No par
Sterling'Products.Ipc——1———10
Stewart-Warner /Corp:—i——
5
Stokely Bros & Co In£_—1
—1
200f
1,900;
6
6
\
<
•
Standard Oil of New Jersey—
•
2,100
"
-
•
Standard.Oil of Calif—J—No par
Standard Oil; of Indiana-—-—4—25
9,500;
•
54%;
26%
54%
51/8
4%
4%
31
*24%
55
3%
.
31
31
■
5%
4%.
4%
4%
-3%
31
'
34%
-
20%
.
No par
No par
~
,
20%
$4 preferred;!——,
$6 ctim prior preferred-
$7 cum; prior preferred—"—No par
500:
—V
Jan
Range for Previous
"
Lowest
Highest
.
t per share
.
No par
1
100-Share Lots
Lowest
V
_■
Basis of
On
■
Standard Gas & Ei Co——-
500
•
fi
NEW YORK STOCK
25
24%
*
Aug
Sep
7% July
'
*4
*1%V
5
*32%
*
2
8
*2
*30 %
30%
*3078
5%
5%
4%
7
40
44
46
33/s
«♦
V
YV;
•
*5-
19%
*18%
19%
Y
5%
*5
57a
*18%
'V
7
46
50
•
47
3%
3%
V;34vvv:v
V
:
"17a
5%
OO
19%
*
11/8
*5 7a
5,7a
19%
00
hV
*7a
*7a
&
*ie
9%
9%
9%
*874
974
*83/4
974
*8%
A
8 Va
8%
8 Va
8Va
8Va
8Va
87a
8%
8 34
*87
88 Va
*87%
25%
88%
87%
87%
*87
25%
25%
25%
88%
25%
37%
37%
377a
38
*4Va
4%
H i ;- W
57a19%:
8
"25 ;VV
25%
37%
37%
•4Va
4%
'
:
:Y
:
;
V.
T if
-38
4%
25%
-
38%
Y4%
97a
*7a
-
A
Thompson-Starrett
100
88%
$3.50
7,400
100
257a
371/8
38%
4Va
4%
97a
10 Va
107a
*10%
107a
9%
9%-
*60'%
61
6OV4
6OV4
*60 y4
574
574
*574
40
Thompson Prods Inc—--—/
"
25%
preferred—
200
87a
.
Co—-
conv
200
/
1
conv.
Co
10
•
,
.:
*22
97a
97a
974
23
■;
11%
*11
11% '
*11
10:
;
*9%
10
23
*22%
2%
2%
34%
*34%
35%
*5%
5%
5%
*2
May 20
May 20
Jan .28
36
*35%
5%''
.
10% Aug
$?■
8%
64%
8 Va
20th
36%
35%
*8'/8
8 y4
65%
65%
V
*110 y2
112
110 %
110%
*1101/2
5%
105
*104%
105 %
101%
104%
*104%
35%
2,400
No
par
Union
Bag & Paper.,
No
par
Union
Carbide &
*110%
112
.100
104%
105
190
Union El Co of
Preferred
Mo $5
series
$4.50
10%
10%
10%
10%
10%..
3,300.
Union OH of California
661/2
67%
66%
67%
2,800
Union Pacific RR Co
76
76
74%
75
741/2
75
75%
-75%
1,000
24
24
24
24
24%
24%
24
24 %
3,000
24%
24%
.251/2
6,200
95%
*94%
11%
12%
11%
.
■
24%
24%
24%
95' V
95
95%
12.
11%
12
24%
'
13%
13%
13 %
*13%
'
*105%
U0 /
105%
110 W
45
*47%
45
*17
*io5y4
44%
18%:
*43
18%
*17
n
I
%
12%
12%
14
*43%
12%
12%
12%
12%
*5%
5%
*5%
5%
*
2 Va
*2
--
12%
:
45
18%
a
:
*17
.
%
5%
5%
13%
.
;:2%.
*39%
40 '/a
*37%
*4%
4%
4%
4%
*4%
4%
*24%
:26%
40
*37
26
26
25%
25%
56
56 %
57
57
3%
;
57%
'
3%
99 V*
■
13%
*3'
3%
>;*3
.
*78y2
*7%
25%
8%
•V/i
48
*5%
.
*164
170
;;
*25
*2%
*3
45%
*8%
*25
26%
8%
,
•IV4
48
39%
25%
*2%
*27
28'%
*22 Vb
17%
76 y2
%
18
76%
*41%
43
*60
65
46%
46
108 %
*26%
*22 %
23
*%
25%
108 y8
8%
42%
46
108%
!;•
29
.
24
*26y2
*221/8
ie
18
77
9%
17%
76'A
*6%
29
.9%
18
76%
*99%
14
13%
3%
<
170
'
40
25%
25%
3 y#
3%
600:
42%
43
*61%
65
62
46%
47 ya
46%
108%
108 %
«
•
10%
10%
*22%
24
18%
76 Va
76%
*18%
18%
*18%
18%
18%
*41
44
*40
44
42%
2343.
%
18
76
76
300'
10,000
1,500.
-
*44
44%
300
63%
*62%
63%
~100.
47%
47%
47%
46%
47y»
19,700
108%
;
45
62%
108%
108 %
18%
*18%
19%
42%
*42
44
108
•
108%
2,800
*18%
-V
...
For footnotes see page
-
23%
>%
:.
1,900
62
108
18%
29
17%
*43
100
25%.
*26%
18%
12,100
110
25%
29
450:
10%
*104%
26'/4
*22%
•' ;
43%
V
1,100
3%
...
U
400
40
%
>76% *76%
*42
5%
40%
*%
.
*
2,400;
19%
200
*42
44
170
•
conv
preferred-.
—50
U S Industrial Alcohol
3% Mar
U S Leather .Co
No par
-
Partld & conv cl A—
Prior
preferred
& Foundry—
U S Playing Card Co——
U S Plywood Corp—
U S Pipe
JU S Realty & Impt—
Rubber Co
U S
1st preferred—
Smelting Ref & Mln.
Preferred—-—-—
U S Steel
20
c
—20
preferred
•
,
.
31
Jan
July
108%
5
Mar
52
21%
Sep
Sep
Dec
1%
Jan
A
13Va
30% Jan
Dec.
2% Jun
.
1%
6%
Dec
3%
:
20% May
3% Apr
5
30
v
51
42
4%< Dec
>
Dec
8%
Jan
79
*
100%
Sep
Sep
Nov
5% July
Dec
60 : May
3;
106y2 Jan. 17
15 Va Jan 30
'
Feb
Dec
Dec
'
5% Jan, 16
1:
Jan
14% July
113%
15
27
Feb,
13%
Dec
35
10
72% Jan,
44% Jan
9% May V
8% Dec
10
Jan
35
.
3
Mar 12
2% Apr 17
77% Apr
V
' 17
Dec
10% Jan
117
Jan
Apr
i,
:
f
.
14% Nov
Jan ' 7
24 Va Apr
.
,
11%
:
40
28
•
2V$ Apt. 28
7
;
-•
Jan
2
Jan 20
22% May, 1
\ 26% May 1
.
Jan'
,
58
Apr
114
-
6
28
18% Jun
71
Jan
119% Jan
/
13V2 Apr 29
39% Mar 27
!
July
:
9% Jun: i
43
33%.Aug
2%
5%
54%
20%
Dec
4% Aug
10% Sep :•
25%
Dec
18%
Apr
%
Dec
1'13%
Dec
.
V
^
58
•
Apr
Feb.
Dec
Dec
69
•
105«;!
Dec
43%
•
19%
42
Oct
28%
•
Sep
Apr
76% Jan
70% Jan
65%
130
Dec
Jan
33%
X
'
>
<
5;
vi;
Sep
103%
.
,
Sep
2% July
Dec
Mar.
Jun
317/a Aug ,J •
34% Feb H":
26
~
47
105%
:
Jan Hi
Jan
Apt
3 ;/V
13
13
69%
Feb
19
5
46Va Jan 14
24 t Jan
Sep
:
183
4% T*eb
20
-
18
8
r
Apr
33
17
77 Va Jun -9
51«/4 Jan 14
107y2Mayl5
V
170
Jun, 10
55% Jan
par
;
26% Jun 17
30
Feb
2
24% Jan 25
1
Mar 11
.44y4 May 20
-100
7% Dec.
V- 37% Dec
26
34 Va Jan 27
10% Jun
/
.,
> 54
Mar 10 •
-v 37% Apr 17 ,/
--50
Jun
4%
4
July
93% Oct.
19
July •
Dec
9% Feb
3% Jan 20
,
99
13% Mar
83
29% Jun 17
-
Dec
2% Dec
3l/2 Jan. 6
Feb 25
87
34!/4 Jan 30
.
2%
4l/a Feb 27
.
9
6%.May.l4
10
——25
85%
Dec
28% Dec
.
Feb-20
2% Jan
—1 ; V:: 20 - Apr 27
No par
% Apr 17
—i.-—No
——;
Dec
'
„10
—100
—50
Sep
Jan
73
18
50
11% Apr 28
Sep
16
85%
24%
6% Jan 28
,
93s/2 Mar 27
t-100 /'
i--.
Tobacco Co—
7%
Dec
57%. Dec
% Jan. 5
16% Jan 15
1
.
Corp—_—-__No par
Preferred
U S
112%
.
Mat. 5;
45% Jun i9
11
/•:
No par
-
8 %
U S
Dec
Feb 24
13% Jun
3
3% Jun
No par
,
6
40% May43:, : ■ 50 ; Jun 18
^ 159
May: 1 y, 172 ■■■» Jan
5
S HoffmaniMach Corp--i——6 v: '4%:Apr.27
; .-6.% 4an^i4
5V2%
Sep
Nov
5
2
5
25% Jun
.
Jan
791/8
115%
11%
x
6
1
.
12%
111% Jan'
106%
12
12y4 Jun; 15
27
48% Jun
.
U^S Freight Co—
No par
U 6 Gypsum Co^iv^^t—•
20
7% preferred———-—'
—100
100
8%
,49
Paperboard—10
Foreign Secur--^
No par
$6 1st preferred———-—No par
U 6 Distrib Corp conir pfd--—i-100
1,950;
Feb
104% Jan
1% Apr 28
34% May 12
.
United Mer & Manu Inc, v t .c—1
United
Jan
1% July
37% Sep
Dec
y36% Jan;
4%,Apt 13
——
,
3,900
Jan
& Jan
xl2
Jun
.
5
Cos
4
May
16
U S &
48
5%
37
Gas Improv't-u-—'—No par
$5 preferred
No par
800
29%
<•
Coal
7
60
: i04% Mar 24 ' ; 112'
United
200
*27%
6
Electric
30
9% Mar 10
.
—5
10
3,800
81
*7%
par
—100
.'
Apr 20
89
Apr 17
7'/a Apr 17
United Eng & Fdy———L——5
United Fruit Co——-—NO par
200
3%-
*79%
-
United
1,100
3 '/a
.*2%
No
1
23% Jun
100
——5
108
Dec.
5
3
-'81% Feb .*'6
2,900.
700
13%
*164
*26%
v;v
100
/:-*3
18%
18
42%
108%
3%'
%
•:
65
46%
24
3%
Dyewood Corp—
Preferred
26
10%
29
'
*22%
%
44
*18%
•
3%
*104 Va. 110
26
4%
27%
50
*3
10%
'
57%'
170
*5%
26%
*4%
United
600,
i:
56%
"8%
*7%
25%
114
40
*25%
29%
*39
3
»2%
58%
3%
49%
26
*26 %
24
.
40
26%
4%
.
81
*165
6
v
39%
114
25%
%
7%
49%
170
2%
114
.
•
26
3
8%
25%
<
5%
26
*2%
7%
48%
39%
*112
25%
17%
76%
.
114
*%
*61
5%
25%
3y4
28%
*185
"
100
13%
*3
170
37%
3
8%
*112
3%.
..
*38
27%
58 Va
*79%
'49
*164
25%
\
4%
*25
.
*99
8%
48%
.
170
*37%
:•
4%
27%
58%
27%
26%
39%
8%
•
3
5%
25%
.
82
5%
114
*112
4%
*25%
X57%
2 '/e
40%
—
27%
16
17
24
preferred^—.iv.---—^.-100
United Drug InC
112% Jan
6
''74% Jurt
No par:
$3 preferred--————No par
3,000
9y4 Jan;
74% Jan
13% Jan 29
77% Feb
5
United Corporation——
2,200
36'/2 Jun
2
—5
„
May
10<
May
63% Jan
United Carbon Co———No par
United-Carr Fast Corp
No par
27,200.
5%
Co
2
100
—100
preferred
Biscuit
5%
12»/«
;
conv
United
300
%
.5%
2%
*38
3ya
3
5'/2
3
40
13%
•79
26%
*38
*36%
100
3
25%
>::*2.V^
2.Va
.
3%
82
*78%
47%/,; 47%
*164
'•
3%
13%
3%
3
3 Vs
82
24%
13%
13%
:
59
*98%'
99%
*13%
40
*2
300
i
'
2
5%
108
par
No par
Un Air Lines Transport
18%
12 y8
5%
■
600
11,000;
110
H
12%
51/4
;
11%
*13%
*105y»
45
*17
%
25%
96
11%
110
*i3y8
13%
•95
preferred
28
Apr
100 Va Mar 24
United Aircraft Corp
95%
l
17
58
-A
No par
-23
^
Union Tank Car
110
/•>
*3
pfd_„No
67 y4
4%
27% Jan
7% Apr
Carb——No par
15%
A
43
Under Elliott Fisher Co
1,300
5,900
65 Va
66 y2
11%
44 %
'V
Jan
10%
24%
95%:
■:#v 13%
*
io5 y»
•.
9%
67
11%
*17
Sep
5Vs May 16
10%
95 %
24%
Dec
27%
66%
•
24
2
76 %
^
Sep
2
24 y4
*75
Jan
11% Aug
9% Sep
l5/a Jan
10%
s
6
21% Jan
66%
10%
'•'..*24
35%
8 li-'A: ^-8
64%
108 ;
66%
Feb
7%
?Va Jan. 2
19% Jan. 2
Corp
City Rapid Tran
preferredTwin Coach Co————
112
104%
Film
Fox
Jan
4
7%
8%
111
Cen
2
75
18
11.
Jan
Twin
657/8
111
% Mar 14
5% Jun
——
$1.50 preferred—*,.—
2%
361/4
651/2
:8
Corp
5% Jan
.
3
x59 % Jun
——
Truscon Steel Co
35'%
*5%
8V«
$6 preferred
23
*2V4
65 y4
V
64%
10
351/2
57b
36
36%
35%
8%
64 %
Sep
Jan
17%
Truax-Traer
23
2%
35
*5V4
35%
51%
8% Jan
5%
11%
9%
22%
*2%
Dec
7% May 15
59%
*11
10
35
99%
Transcont'l & West Air Inc
2,800
*5%
11%
22%
2%
34%
Mar 28
4
x59 %
57a
97a
Jan
Dec
32
Tri-Cohtirientat Corp—
61
*11
Jan
18
11%
22
:
574
1%
Jan
12
Jun
.85
Axle———
Jan
fi :'; V Jan
34
2
Aug
Transamerica Corp—
1
n
U;,
574
V
ii Mar 27
Timkeii Roller Bearing
500
4%
3
8% Jan
8
preferred-
Timken Detroit
1,900
16
18% Apr 23
;
preferred
cum
$4.50
1,900
,
1% Apr
5V4 Jun
Tide Water Associated Oil-
IOV2
93/4
*10V4
Sep
8% July
Third Avenue Ry—
Thompson (J R)
i
•
10
*87i
38%
4%
4%
Sep
60Vit
———————4.
Transue & Williams StT—
,
10
10%
■25%/:
38
10
/■'. 974
.
*86
88%
243/4
4%
*4Va
•
*86
$3 dlv
-
2
*5%
19%
57a
Thermoid
33
n%
2'HYV
Sep
4%
Preferred.
3%
*32
Jan
44%
The Pair
*8 7a
.
10%
Ry Co
Mfg Col--*——.
$3.60 conv preferred
*8
*%
6% Aug
July
14
Thatcher
27a
Sep
7% July
Texas & Pacific
44
*2 Va
38%
Texas Pacific Land Trust-
10
*40
4'/a May
'•
*378
19%
47a
*874
*6%
2 5/a
*32
53/3
*18%
5%
4%
47s
41
*48
2
Texas Gulf Produc'g Co_.
Texas Gulf Sulphur——-.
Texas Pacific Coal & Oil
*5%.
;
Sep
Dec
3% Jan
—
303/4
303/8
57a
9%
46%
(The)
2%
7
*2Vs
37a
35
10
41
34
*174
V
*6%
50
32
31
*
*9
2%
*2%
2%
'•478'
47s
10
7
*174
2>/a
6% Nov
38% Aug
Texas Co
8%
*8Va
347a
2%
2Va
*9
2
8%
Talcott Inc (Jamesl——
5% % partic preferred-.
Telautograph Corp.,..——
Tennessee Corp——
2
*174
3474
8Va
34
34
*5%
5%.
*!%•
*5
■:
47a
35%
30%
31'/4
*5J/4
*4 Va
*32%
8%
34
2
47a
35 Va
*174 V':2
3
8
34
2
:
35%
1%
34
♦7%
*4Va
*32V»
5
*4%
37
;
*32%
Jan
50%
Nov
>;
i
.
;.
{;
Volume 155
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
•"
NEW YORK STOCK
RECORD
LOW AND HIGH SALE PRICES
Monday
Saturday
-
June 15
June 13
$ per share
} $ per share
June I<»
.
Thursday
$ per share
June 18
June 17 '
v
Sales
Friday
.'"June 19
<
$ per share
$ per share
•'
'
;STOCKS
Wednesday
Tuesday
■
n-
'
for
NEW YORK
the Week
'*
$ per'Share
Range Since January 1
STOCK
On
EXCHANGE
Basis of
Shares
United
7
Stockyards Corp„..—
$6
% Apr
preferred
conv
1
Jan
7
%
,7.
42'/*
Dec
14% Jan
5
12
52% Jan
6
437/*
6
21
Universal-Cyclops Steel Corp.
13
Jun
2
Universal
41
May
6
&%
preferred—
Universal
Vadsco
*25
25'/a
25 %
15% -"15%
*
•
*25
.
'
25V2
15%
-'24%-- -25 "
16W
'
15'/a
*24'"26
*"15%
''
'
8V2
23
8%
23
114
23
115%
35%
'
1 55
*22
,
115%
•
'36
*114
•
'
36%
36%
8% ;
'
23
115%'
*8%
'
36%
'
*8%
i:
*49%
23
54
•
22
7%
■
1st
541
k
El
-14%
Va
Iron Coal
26
28%
&
$6
Pow
157
Jan
133
Jan
162
Oct
'
!
27%
Sep
2%
Jan
28% July
L.
pref
5%
& Coke
Virginian Ry Co
118% July
]
23%
"
Preferred
7%
—
Jan
33%
preferred
Vulcan Detirtning Co_J
Sep
42
,,
Q"/o
75
*17%
May
div partic preferred
6%
130
140
Va-Carolina Chem—*■—.l_
Va
7%
»
Chemical Works
Victor
115
*70
Sep
Chemical Co_—r
*113%
*125
i
64
Vicks Shreve & Pac Ry.
33
*28
Feb
105
Nov
143
——
Jun
Vultee Aircraft Inc—L
19%
$1.25 preferred
Wabash RR preferred
w 1__
System
i
Walgreen Co—
—
i
4%% preferred with warr.
Waldorf
Walworth Co—
Walk
6%
157/e
96 Va
;3
—
(H) Good & W Ltd
Div redeem preferred
■
;•
class
7%
•
Dec
Jun
Dec
xl2%
Feb
2%
Dec
b——i.-———i..»
V* Dec
preferred
Warner Bros
Dec
25% May
Ward Baking Co cl A—
13 Va
Apr
2% Feb
Pictures—
$3.85 preferred
—
53
—
Jan
'
900
U
11
:
*23%
JWarren Bros Co
400
24%
25
25%
25
25 Va
*25%
*
*
V& 24%
14
25% I
^£*25^
25%
13Va
■
:-.pV;V
13 %- < 13 %
xl5 77y15<;>
*25'/a
-
25%
*
Preferred
*
receipts
1
Jan
2
25
—.
Jun
18
25 Va Jun
700
Washington
100
Waukesha Motor Co__
1600
; 700
:
y
—
' Wesson Oil
w
'
7
$4 conv
-
7%
Jan
3
11% Jan 15
7 1% Jan
& Snowdrift,
6
15
May 18
59% May 20
preferred——,
West Penn El class A
2
16
12
<-Wayne Pump-Co
Webster Eisenlohr
300
*<>
Gas Lt Co_
4
13V4 Jun
i_—. Warren Fdy & Pipe
*14'—- 14% ••
70'vr(>'J.*62
2
U Jun
19
25%
13% <13%
13 y<< 13 %
-2%-iV:2%
-■
17% « 17% fcV* *16%'" 17'4-".-.
70
s
.
% Jan
Receipts
$3 preferred
400
-
•62
No par
preferred
—300
6% preferred
—
100
West Penn Pr Co 4%% pfd—100
West Va Pulp & Pap Co_,
No par
6% 'preferred
Western Auto
Western
V
4%
—100
—
Supply Co_
Maryland
10
——100
—
2d preferred
-100
Western Pacific 6% preferred—-100
Western
Union Telegtaph———100
Westinghouse Air Brake—.—No par
63 Va Apr
Weston
Elec
24
117 Vb Apr
Westirighouse El & Mfg
1st preferred——l..—
7
29
Instrument
23
$4.50 preferred
Wheeling & L Erie Ry Co—
5 % % conv preferred
Wheeling Steel Corp.:
$5
conv
Mar 11
100% Jun
6
50
Apr
18
88
Jan
8
1% Apr
15
1% Mar
6
'.
prior pref——.
White Dental Mfg (The
White Motor Co
White
Apr 28
22
Westvaco Chlor Prod———
Rock
Min
S S)
Spr Co
White Sewing Mach Corp—
$4 conv
Prior
preferred
preferred
Wilcox Oil & Gas Co—
——5
Willys-Overland Motors
6% conv preferred—
7
1
—.--10
—
1
Wilson & Co Inc
47/b Apr 29
3% May 13
No par
56
$6 preferred
—-No par
Wisconsin El Pow 6% pfd_
100
Woodward Iron Co———;———10
May 25
107% Jun
1
18% Jun
15
~7 15% Jan
2
Woolworth <F W) „Co_—
-10
(Del)—_No par
preferred A
——100
6 % preferred B
—-———100
Prior pfd 4% % series
—-100
Prior pfd 4V2% Conv series—-100
Wright Aeronautical——-—No par
Worthington P & M
-
7%
Wrigley
♦19'A
*11%
11%
V *6%
*29%
29%
86
;
,.
7' *7%
8
20
*19%
19%
,
11%
Xll%
*113
11
11
113%
113%
6%
6V2
*6%
6%
7
29%
297/b
29%
30%
83
*80
*7%
7
•80%
7%
12%
12%
12%
1%
*1%
Via
13
1%
2
♦Bid and asked prices;
stock.o rCash
19%
117 %
6%
*78
1
77
.20
117%
*113
sale,
13
no
sales
7%
19% 719%
7;
11%:711%
♦113%
115
*6%"7 6%.
30
*' 30V*
*80% 7 81%
7%
13%
*1%
sSpecial sales,
83
V
13%
2
*1%
8
13%
2
-
•
19%' 19%
19 w: 19%
'"*'11% "rH% ,•< V/11 <7 : 11% A
*113% 115' 7 * 7 113% 113% 4
6%.
30%
6%
■
^,*6%
30% ir-e-il *30 "7
■"?* *80%V 81%
7% "7 8
' 7 13%;
1%
.
*80 77
.
1% :y
30 V8
4
81%
13%; 13%
*1%
:
76%-''
>?-;7*7%""7 7%
13%
2
'
300
700
—
Co——
-25
——
:
5%%
10% Apt 28
100'
111% Jan
'
:
preferred series A_J—100
'
Youngstown Steel Door—No
*
—1
iNo par
-No par
-
»700
•
Preferred,
Young Spring & Wirei
Youngstown S & T
3,900
5,500
(Del)_—No par
Yellow Truck & Coach cl B_;
:
20
I-.;
••
Jr
Yale ft Towne Mfg.
t700..
3,300
j
(Wm)
Zenith Radio Corp„_i_
Zonite Products Corp—.
par
-No par
-
—_1
this day.
t In receivership,
a Deferred delivery,
b Name changed from Union Premier Food Stores, Inc.
xEx-dividends,
y Ex-rights. ~.fl Called for redemption.
.
. .
on
I
Nov
preferred—*—
Vick
32%
14%
;
Jan
•
Sep
Jan
Van Raalte Co Inc——
38'A
.
*49%
*25
159
Jan
16s'*
May
.—
22%
'7115%
1%
1%
-
Apr 30
Jan
1%
62
—.
—
8%
*36
'54
150% Jan
1%
|
[
Vanadium Corp of Am..
Van Norman Mach Tool.
*114
38% ; •1
"'-*49%
Sales--
Apr 24
147
pfd—,
8%
v
*114- 115%'
*19%
54
•
1st
22%
8%
J*38
142
Pictures
Preferred
v -
15%•" 15%
'
8 Va
*50
*'
16%
'
(
$ per share
Dec
9
Highest
Dec
19
Feb
44
Tob
$ per share
U Jan
15
34s;* May 20
Leaf
Lowest
$ per share
% May 25
United Stores class A
Year 1941
Highest
$ per share
j
Range for Previous
100-Share Lots
Lowest
3
15
4
71/* Jan
28% Jun
37% Jan
78
3
Jan 12
84
Jan
7
May 14
12'A Jan
5
17»/4 Jan
7
-
18% Jan
15% Ap?
19
13% Jun
17
8
Dec
2% Jan
26
1%
Apr
g Name
12y« Jan
42Va Jan
95
Aug
9'A Dec
1% May 21
8% Feb
Jan
120
Dec
51/* Dec
29
Dec
76
Dec
13
14
5
22% Jan
Dec
10V* Dec
109%
19
*
Apr 23
19% Jun
13% Jan 14
120% Mar 17
3%
changed from General Theatres Equipment,
'
Oct
n New
7
:
<
'
,
j
THE COMMERCIAL & FINANCIAL CHRONICLE
-v
Bond Record
:
the
interest"—except
"and
are
The italic letters in the
.Last
U.
Treasury
Treasury
Treasury
Treasury
109.17
102.21 102.21
102.21
104
_1949--1952
1946--1948
1951-■1955
1955--1960
-1945--1947
-1948--1951
-1951--1954
1956--1959
23/4S_.
23/is
Treasury 2%s
Treasury 2Vis
Treasury 214 s__—
'
2Vis
Treasury 2Vis
Treasury 2Vis
Treasury
Treasury
108.14
ACosta
109.14
110.22
Cuba
107.4
108
109.5
110.28
3-D
*110.24 111
J-D
*107.1
M-S
*100.13 100.21
107.9
,
Treasury 2s
1
Treasury 2s—:
M-S
W 110.15 110.15
107.29
:V 105.13 105.13
105.13
106.9
*107.21 107.29
107.16
107.2
*109.30 110.6
108.16
109.31
external
A_1951-
External
103.6
104.6
Customs Admin 5%s 2d series—-1961
103.14
5Vis
100
101.17
5 Vis 2d
103.14
100.24
J-D
*105.16 105.24
103.27
105.21
3-D
*104.18 104.22
104.5
*101.13 101.21
101
102
*105.10 105.19
3-D
J-J
19
101.10 101.11
M-S
*101.10 101.18
<
j
Finland
r
100
*100.13 100.21
J-D. i
"
103.24 103.24
7s
'
i
104.6
104.20
103.31
104.25
el03.27 el03.27
103.28
104.23
Irish Free State extl
*100.1
100.8
of 1928—
A Jugoslavia
98% 106
36
102% 103%
103%
•
43
"
-
-45
25
43
*42
A-O
M-S
'
__
J-J
.
13
14%
11'
14%,
14%
10%
*12%
12%
12%
11
10%
A Montevideo
14%
13
13
12
11
14%
-
18%
32
♦29
t
r-
,
'
29
i
•
,
M-N
; ;
F-A
■'/
A-O
/
94%
7'p
' /
;
•
93%
-
36
94%
f-KTin
71%
*
"•
M-N
•
South Wales
74%
38
69
38
69%
36%
63%
27
-
,■/
A-O
J-D
1957
32%
>'32%
A-O
1952
35%
;
-
•
74
35% /
s
f
-
2Vis
25-year 3'As
1944
2'As
1967
1968
1954
1942
3s
3s
/
A Carlsbad (City) 8s
—
A Chile (Rep) External s f 7s
30-year
30-year
1942
1960
1960
Feb 1961
Feb 1961
assented
AExternal sinking fund 6s
assented
6s
95
96
•
70
'
'
m—.
ff 2
70 nrT.
-
—
v
42
56
A Sinking
56
44
A 6s
;
assented
A Chilean Cons
Munic 7s
A7s assented
A Chinese
(Hukuang Ry)
Colombia
'
„
A 6s
of 1928
A 6s
of
3s
1927
external
s
f $ bonds
105%
105% 105%
11
For footnotes see page
17
17 •
.
;
17 %
/
5% •: 7%
6/7%
47
17
.7. 16%
33
17 %
7%
;■
1
16%
V
-
10%
17.
*80
M-N
;75
81
*75
J-D
70
75
,
v
*68
F-A
A-O
F-A
?•
70%
W'
44 /
48
70%
v-
•90
F-A
Af-S
1956
:
70%
*90
70%
"74
83,%
89%
84
-.
89%
53
•='
.*56%
57%
A-O
1965
•.
.
A-O
64%
*55%
J-D
*62%
1947
1959
M-S
7s:—
(State of)
(Rep of) external 7s
■
56
1958
1947
1968
1950
1963
;
,
sink fund gold 8s
A4%s assented^.
A-O
1940
assented
:—
21
100% 102
F-A
100
A Rio
997/a 100
22
98% 100 "*
J-J
100
100
15
97% 100
J-J
100
100
22
98% 100
18
93%
96%
93%
96
95%
95%
1
•95% >95%
5
J-J
14
.
65
57%
65
'57 %
66
Va
101% 103%
8%
6
13%
12%
13%
35
7%
15%
14
143
12%
12%
14
102
% 7
7%
15%
,
15%
*5%
A-O
A-O
8
A-O
♦14%
8
P
7%
23
•14
•
8
15
'
9%
9%
9%
5%
9%
J-J
10%
10%
7%
10%
J-J
10%
10%
5%
10%
15%
15%
15
15
73
73
2
15%
16
16
13%
14%
15%
17
A-O
1961
J-J
1947
F-A
1946
A-O
1953
F-A
1946
A-O
1968
J-D
15%
J-D
1966
(City of) 8s
AExternal loan 7Vis
64%
'
.12%
12%
J-D
1961
gold 6s
(Rep of)
13%
M-S
1960
65
70
•64%
♦102% 104
M-S
extl 6s
73'
;
103% 106%
101% 102
•'
de Janeiro
1A Extl
(City of) 8s
6 Vis
sec
Rio Grande do Sul
9%
15%
,8%
15%
A 8s
•
'
5
;
extl loan of 1921
A 6s
1
external sink fund gold
A7s external loan of
•A7s
v
■/■*'''.'/
■•:■
'
50%
75
10
14
/
131
16
8%
14%
10%
17%
28
8%
16%
38
9%
16%
& 23
10%
16%
35
62%
71
;/ n%
18
(State of)—
1966
.'——-1967
1926—.
municipal loan
PPl5--./
18%
1
15%
16%
16%
1
13
17%
Santa Fe external sink fund 4s_—1964
M-S
A-O
17 %
17%
3
13
18%
ASao
A-O
16
16%
46
12%
17%
15
16'A
16
16'A
70
70
V: 70%
18
17
18
13
16%
16%
•
24
.
/
18%
M-N
14%
P 16%
J-D
12
15%
,
16%
M-N
18%
18%
M-N
Paulo
1952
M-N
1936
:
M-N
1957
(City of Brazil) 8s
A6Vis extl secured s f
.
.16%
17%
F-A
17%
1
13%
17%
J-J
*39%
16%
16%
21
•12%
17%
A 8s
external
1950
J-J
*28
297/8
extl
loan
1956
M-S
*28
30
extl dollar loan
1968
J-J
29
29
29%
A-O
63%
63%
65
18
J-J
16%
18
16%
16%
*16%
M-S
16%
(State)
§ASan Paulo
16
4
15%
18
A 7s
43
13%
17%
A 6s
20
14%
16%
*16%
J-D
8s
1961
1961
1961
1962
J-D
M-N
M-N
15
M-S
M-S
J-D
J-D
*16
14%
A-O
15%
"15%
s
f
7s
>
1940
(Kingdom)—
7%
7%
1962
M-N
7%
1958
1958
6%
J-D
*67/a
—1955
F-A
69%
17%
17%
(Prov of)
extl 7s
A4Vis assented
Sydney (City) s f 5%s—
M-N
14%
"I
15%
30
16%
16%
15%
13
16%
AExternal sink fund 6s
1960
M-N
*70
75
16%
/AExternal sink fund 6s
1964
M-N
*70
12%
16%
13%
3
14%
14%
3
J-J
36%
A-O
2349.
\
:
66
% Pv
3
AUruguay (Republic) extl 8s
3%s-4-4%s
1946
F-A
v
'•
*70
($ bonds of 1937)—
1979
conversion
1979
M-N
extl conv
1978
56%
M-N
3-D
15%
13
16%
3 % -4-4 % s
15%
External
11%
15
3%-4%-4-fr
12
15%
4-4%-4%s extl readjustment
1978
F-A
1984
J-J
1958
F-A
1958
F-A
47%
47%
16
39%
48
14
37%
48
36%
36%
36
29%
37%
>
($ bonds of 1937)—
48
AWarsaw
(City) external 7s
A4%s assented
!
.
:-A
4%
7%
4%
7»A
1
4%
4%
\-i
6%
6%
40'%
71%
.irn—m
71%
74
76
71%
PP 9
71
74%
'.p.-V
External
readjustment
,
4
vvyy
'
14
12
29%
80
48
45%
71
12%
14%
15%
13%
A-O
%
20%
54%
•«
12%
18
*14%
14%
--y■
13
28
18
6%
series B sec
30
-
'■
•'
7%
J-D
A 7s
ASilesia
30
22
1962
17%
41
26%
25
extl
secured
;
16%
32
external
A 8s
13%
15%
*16
A-O
§ A Secured
Serbs Croats & Slovenes
13
*16
14%
.i
water
13%
16%
*16
J-D
17%
17%
13
16%
*16%
M-N
18%
13%
15%
16%
*16%
16%
11
41
-16%
'
F-A
M-N
—Oct 1961
Jan 1961
1970.
:
49%
(Republic of)—
5s
7%
3
3%s extl readjustment
AGuaranteed sink fund 6s
A 6s
7
M-N
A4Vis assented.
,
102
1960
1960
assented
7
M-N
APorto Alegre
67
.
M-N
1951
AGuaranteed sink fund 6s
J-J
1958
(Rep)
AExternal
•
65%
57%
A-O
1962
fund 63As_;
i
(City) slpk fund 4%S———-1955
SAPoland
66%
3
1957
1957
1961
A63As assented
37
1957
ANat Loan extl s f 6s 2d ser
64%
3
47%
.47
1963
A6'As assented
7
60
'
P.:
63%
63%
1963
fund 6s^
7
;
7%
/ 5Va
164
i
40
•
59
A-O
Mortgage Bank 6%s
A Chile
,j.»
•ANat loan extl s f 6s 1st ser
44
>4
A-O
assented
:
6%
6%
extl s f 5s ser A-1963
AStamped assented 5s
1-—1963
Stamp mod 3 Vis ext to
;—1994
Ext sec ref 3%s series B_:—
1967
1
.70
65%
95%
1
27%
fZ
36%
66%
M-S
assented
:7
40
APeru
i
66%
J-J
sinking fund 6s
i
J-J
5V.
,
5%
40
66
-
65%
1962
assented
J-D
7%
5
if-,
-m
57
32%
-
66%
J-J
>'•»«.
I
57%
35'A
*64%
1962
sinking fund 6s
tZ
Q -J
50%
19%
'
—
*70
M-N
82%
.
5%.
50
APanama
227/e
F-A
Sep 1961
assented
•~2
72
95
A-O
Jan 1961
Jan 1961
Sep 1961
ARy external s f 6s
A 6s
i
j.
Queensland (State)
10-year
e6%
1
51%
37
22
32%
30%
(Province of)—
1960
:._1952
1945
1961
e6%
Q -J
6%
57%
A4 %s
AExternal sinking
'
.
A Stabilization loan s f 7s
30-yr 4s—
10
!*
69
APernambucd
70
J-J
6%
M-N
•55
32%
J-D
M-N
6%
1
13
•55
32'A
*62
63%
78%
8
F-A
18%
—
M-S
78%
6%
5%
15
J-D
18%
'•'*
M-S
3-D
9
loan————1963
98
1950
A 6s
Ul,
sink fund 4 Vis
39
F-A
1977
1976
1—1976
1975
1984
11%
M-S
—
5s
sink fund extl
32'%
1958
1961
11%
1943
I 5s
s
30% -32 Va
'
4%-4%s
Refunding s f 4'A-4Vis
External readj 4%-4%s
External s f 4 Vi-4%s
3% external s f $ bonds
J7[ f
*7»/4
M-S
sink fund 4Vis
4s
-
83
95 "•-■;/•■
-
30%
•
32%
M-S
v
.35%
,1 ' '
83
83
93 VA
94%
*93 Vs
J-D
69
£5%
67%
93%
J-D
1941
58%
.
82
Municipal Bank extl s f 5s——1970
65
13
*92%
•■•'__■ If
J-J
65
(State)—
External
3
24
61
61
.
M-S
1955:v
stamped
:
.
1959
*
;
-
External
74
r
66 y8
*;.0.
M-S
.
66 % -68
74
.P-'-.- P-
67%
'55
47%
A-O
-i.--—1944
74%
'
J-J
i
J-D
1952
External; 6 s——i-
79%
63%
"
73% -74 y8
—_'
7S—
Norway external 6s„
94%
-/' 41/-:
79% -79%
'V -
,74
; ' 88
(City)
series A
A 6s
New
External
M-N
•76%
1958
6Vis_
Oslo
External s f
9
9%
;
60
.-1959
6%s
A Sec external s f
External
/
8»/4
6%
1
ASec external s f
"
14%
;
__
J-D
1957
85
l
65
^58 y«
M-N
1954
1.954:
.
65
A-O
1943
A Mexico (US) extl 5s of 1899 £
1945
A Assenting 5s of 1899_^
!
1945
.AAssenting 4s of 1904
—1954
.A Assenting 4s of 1910^—Lj.
1945
SATreasury 6s of 1913 $ssent
1933
•
1957
/•
85
82
8% V 8%
*8% : 9%
A-O
(State Mtge Bk) 7s—1957
(Colombia)- 6%s_-
Mlhas Geraes (State)—.
10%
-13 "
13
J-''.
,1
A-O
'
66
,
14%
10%
13%
13
13,
,
'
V
42
10%
ir
—13
13
*12%
A-O
.
13%
85-
•
,"}ym
"
1960
(Prov) 4s readjusted
Irrigation—
;
.
1
•A4%s stamped assented
// 43
25%
•
*29%*--
13
A-O
1955 '
AExternal
f 5k
s
Mexican
i
I'¬
:
J-J
_1949
98
65
.
100.30
*101.14 101.20
'
.
4
»
*82
AHaiti (Republic) s f 6s series A—1952
Helsingfors (City) extl 6%s„
1960
F-A
1957
PiiP
6%
75%
*82%
1968
——
*103.30 104.4
Municipal •>
-1956
19
-
*103.29 104.1
J-D
;
o
J-D
J-J
:— _1971
70
13
61
*8%
J-D
;
70
65
75%
—1964
Mendoza
series
61%
M-S
M-N
1945
63
J-J
M-N
(Colombia)—
1947"
73%
69
.
67-
♦12
M-S
•
•
35
59
70
1949
1949
.
[A6s part paid
1980
6
'
*
paid
part
22%
63
73%
J-J
■
A 7s
4
:2
65 %
1945
1
12
•
73%
A-O
—1948
—1967
stamped—;
11
unstamped
y-'"'
"
_1972
sinking fund
assented
42
/
*65 %
*
AO
1969
(Republic), extl 6s
AMedellln
1927
(Dom of)
48%
26%
•
20
29
18
47%
21
70 69%
73%
1969
Gteek Government-—
100.22,
103.24
102.22
series
series
French Republic 7s
,
100.20
100.11
•100.20 100.28
1st
5Vis—
Salvador 8s ctfs of dep
AEstonia (Republic of) 7s—
J-D
•
5%s_.
A El
101.5
M-S
gold
External gold 4%S
1962
§ADominican Rep Cust Ad 5%s___1942
§ A 1st series 5%s of 1926
-1940
104.24,
loan 4'/2s_—
Buenos Aires
15
_
104.27
M-S
115
105.16
101.21
83
;
20
•
»
47%
M-S
102.18
4s Feb-.!
_1972~
Apr
(Commonw'lth) 5s of '25 _1955*
A 6s
*65%
103.16
8 f extl conv loan 4s
A Extl
67
104.12
8 f extl conv loan
A 6s
6'6%
*103.8
Argentine (National Government)_1948
; S f external 4Vas—
—
A 6s
A-O
*104.4
AExternal sec s f 7s 2d series—1957
AExternal sec s f 7s 3rd series—1957
Antwerp (City) external 5s
1958
'
73%
M-S
13
A Extl
33%
73%
M-S
—r
External g 4 Vis
75
106
103%
100% 107
40%
33%
M-S
47%
A-O
J-J
A 6s
39%
A-O
1940
J-J
A 7s
F-A
§A2d series sink fund
1945
1957*
7-year
J-J
107.2
f 7s series D—1
5s
*15%
106
f 7s series C-„—_^1945^
of
11
~2
104%
•
111% 112%
*18%
*106.30 107.6
s
5s
100
79%
79%
*101
111%
>
102% 102%
7
__
A-Q
;
100.28
1st
18%
.99 % 101.
:v;
__
A-O
M-S
—1948 .
4s——1968 :
coll 7s A.
1945
f 7s
7.104 %'
1942
.
106.23
s
s
100.
.
12%
.. .
1952
ser
105.24
105.3
105.3
A External
AExternal
07
•
>18
19551
(Rep of) 8s
*106.19 106.27
f 7s series B
s
79%
J-D
3-D
(King of Norway)
AExternal
100
»
18
♦101
J-J
110.16
York City
(Dept)
100
>
18
J-D
107.7
*110.15 110.23
AExternal
Canada
1977
5%s
105.25
fund 6s__,
AGtd sink
AAntioquia
..
debt
1945'
wks
108.16
Corporate Stock-:
A 6s
:__i___1949'
4%s__
§ A ADenmark 20-year extl 6s
103.27
Agricultural Mtge Bank
AGtd sink fund 6s—:
30
*101%
loan
ASinking fund 8s series B
*100.23 100.31
;
17%
F-A
109.25
*104.18 104.26
&
32 %
27%
*102%
A Public
Transit Unification Issue— •
-
29
18%
F-A
Sinking fund 5%s_^,___v~ —1953.
108.31
108.15
3-D
-1944-1952
1942-1944
Govt.
T'
M-N
106.17
1
Foreign
25%
.29%
1949
A Czechoslovakia
*108.24 109
*109.25 110
J-D
"M_--—-.^----.-.il945-1947•
New
31
•
30
29%
—
j-J
7s______^__1951'
105.3
G
series
29%
25 %
-27%
/
1944
(Republic of)
4Vis
P
J-D
Owners' Loan Corp—
series A
High
25%
26%
,
5s of 1904
107.30
M-S
^1944-1964
-1944-1949
External
of)
*106.29 107.5
3s
Australia
Argentina 7s_.
(Rep
M-S
3Vis
l%s series
•
*26
-
.
M-S
110.17
M-S
M-S
Mortgage Corp—
Federal Farm
f conv
(Prov)
Rica
External
•
Sept 15 1949-•1951
_1951- 1955
'•
1953- 1955
:
2s—:—
—
Low
30
26%
External 5s of 1914 series A
*
.
J-J
Tieasury 2s
26%
January 1
NO.
'
J-D
2s
■
104.20
105.20
107.18
Mar 15 1948Dec 15 1948-•1950
Jun 15 1949-•1951
2s
Treasury
S
1942.
103.12
104.7
*107.15 107.23
3-D
Treasury 2s
...
M-N
■1950
,:a—
2 Vis
Treasury 2V2s
:
1953
1949-•1953
1950--1952
:—1952--1954
1956--1958
—1967--1972
1951-■1953
1952-■1955
1954-•1956
:
2Vis
Akershus
J-D
.1948
—
Treasury
!
1952.
.1945
:
Treasury 2Vis
Treasury
F-A
104.8
104.7
i
■
1947
■
Range Since
Sold
High
*26
M-N
.1947
2Vis
Treasury
A-O
J-D,
A-O
1946
Bonds
Friday's
or
Sale Price Bid & Asked
Period
1947
103.14
*103.6
A-O
-1958-■1963
1960-■1965
;
.
Last
Interest
Sinking fund 7s of 1926
•ASinking fund 7s of 1927_,
;
Copenhagen .(City) 5s
25-year gold 4%s^-n.i._^—_*.
110.8;
J-D
Week's Range
Friday
/P;i.p;p>p
■
Exchange
Cordoba
*109.11 109.19
2%s_-—.r.
Treasury
Stock
A
114.14 116.2
115.11
*115.3
A-O
M-S
274s
23/4S__—
Treasury 2%s_i—.
Treasury
P
BONDS
York
Low
108.27
Treasury
of
)•.
p;
Week Ended June 19
107.18
Treasury
Treasury
1
\
High
Low
NO.
High
New
Range Since
January 1
.*107.14 107.22
Treasury 3s
Treasury
Sold
3-D
3s——
Treasury
month when the bonds mature.
i.1944--1954
_1946--1956
—1943--1947
-1943--1945
1944-•1946
1946-■1949
3%s„__——
3%s
:
3 Vis—«*.;
3ViS-i
3%s_i,
:
3 %s
—if-:
Treasury
3%
;ff
YEARLY
■
AColombla Mtge Bank 6%s
1947-■1952
4s——i
Treasury
3s
■' WEEKLY
Government
S.
Treasury 4 Vis
Treasury
Bonds
Bid & Asked
Sale Price
Period
Low
2Vis
Monday, June 22, 1942
•
,'.
Week's Range
or Friday's J.
Friday
Interest
Exchange
Stock
Week Ended June 1!)
;
•
.
.
income and
for
column headed "Interest Period" indicate in each case the
BONDS
York
New
Home
"
•
•
New York Stock Exchange
ecu
FR,DAY
-
•
defaulted bonds. Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions
week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur. No account is taken of such sales in computing the range for the year.
NOTICE—Prices
:•-
^
.
%':.
*53
57%
:
•;
'
P 53%
59%
51%
57%
52%
57%
^..
r
54%
53%
54
59%
V'l
--
12
60%
*46
2
48
54
*6%
:
47
4%
*6%
--
60%
41%
49%
7
3%
6%
Volume 155
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
'
2345
NEW YORK BOND RECORD
■'
B O N D S >, ■ - - >-,X' ' »•
New York Stock Exchange
>
?
Interest
Week Ended June 19
Period
;
//;;
;
"
!
Week's Range
Friday
■
Last
or
Low
'
Railroad and Industrial Companies
tAbitibi Power & Paper—
§A5s
.
.
.
series A unstamped
AStamped
Adams Express coll tr gold 4s—.
Coll trust 4s of 1907
1
Southern
Gt
1st
1st
1947
with
5s
49'/4
65%
100
100
100
.105
,.:V
105
105%
102
63
•
54
93%
*89
modified.,
1950
■
Alleghany & West 1st gtd 4s_.__-.1998
92
76%
69%
70%
72
63
>54%
v':
54%
'ir 2
51
43%; 43%
4
41
59
60
V-' 43%
A-O '
-
78
54%'
A-O
1
60
68
60 '
gtd gold 4s___—1981
64
3s______1955
Celotex Corp deb 4%s w w__
—1947
ACent Branch U P 1st gold 4s_—1948
^Central of Georgia Ry—
;!,
A 1st mtge 5s^
——Nov 1945
§ A Consol gold 5s_-i
1945
ARef & gen 5%s series B——1959
A Ref & gen 5s series C_—
1959
AChatt Div pur money gold 4s__1951
AMobile Div 1st gold 5s_____
1946
•
'
-•
V
-
■'
..
•*"
J"
"
■
.
Vf. *
■
■v
"■>
* lc\-
•
'V
'■■■
■
Allied Stores Corp 4%s debs
.-1951
Allis-Chalmers Mfg conv 4s____—1952 *
Am &
Foreign Pow deb 5sj_
Amcr I
G Chem
Am Internat
5 Viz si
conv
'
25
65%
67
i
96%
59%
93
/•* 3%s
_________1961
debentures—
..1966
..1956
_i_-
3s conv debentures
;
Amer
Tobacco
deb
Co
»J-D
M-S
.
■
.
____1962
3s
707
A-O
.;/
C106%*'
•
1
107%
43
48
77
88 %
47
58%
56
56
4
101
1
*107
,101
r
101
F-A
;
—
♦__
.
106% 108
,
101
F-A
493A
J-D
99% 101
.
99% 102 v*
V
.
42%
V■
-
65
...
55
V97% 101
93% 97 %
-
97%
8:
25
6
23
51
5
45%
60 Ve
14%
26
103/e
20
4%
F-A
97%
24%
51
."
96%
—
13%
J-D
4%
1
y.y- ;*
M-N
A-O
A-O
4%
J-D
20
J-J
V!"•; •'•>
'
.
•
7%
3
8
15%
—
23
11
1
16%
30Va
.
3
;;.i 30/
'
20
*13
**"•
;■
4%
20
A-O
J-J
Central N Y Power 3%s_
A-O
105% 108%
45
'
106% 107%
!■'
.107
'
A-O
107
r
92%
88%
/
:
'
3%s_^
1966
1st gtd 4s_-_—1961
JACentral of N J gen gold 5s
1987
5s registered———
1987
: AGeneral
4s__:
—__1987
><• 4s registered^
—i
1987
Telegraph Co.—
debentures
81%
86
M-S
1A Cent New Eng
101%
*
'3'As
105%
74
88
y
M-N
Central Illinois Light
697/a
101% 104%
28
97%
.
103
92%
18%
105% 106%
23
'
•
100% 104
73
101% 102
;
;
i£
9
106% 107'/4
65%'''
;i02
J-J
__il949
100% 100%
:106%*
.
V.,lt
M-N
...-1949
Corp conv 5%s
American Telephone &
V.U00%V
F-A
> M-S
_:2030 ■'( .) M-S
12
'
91%
J-J
_1965
;
5s w w___—1950
Celanese Corp of America
90
202
70%.
A-O
./_______I950
income
& Adir 1st
Cart
•
V,
57
97'A
92
,
62
93%
85
__
Carriers & Gen Corp
62
55
81%
__
93%
High
108% 112%
62
71'A
893A 973A
150
70%
95%
Low
10
106%
t§ACarolina Central 1st gtd 4s—1949
*60
No.
,,
105% 105%
;
V J-J
Carolina Clinch & Ohio 4s
♦60
973/a
;
J-D
-I960
Collateral trust; 4 %s_____
y
103% 103%
104% 106
/J-D
High
69%
J-J
104% 104%
■
A5s
M-S
—1946
equipment trust ctfs
-1944
trust gold 5s_;
——.1954
*103% 105 %
105% 105%
70%
5s
...
Range Since
January 1
Sold
111 " 111%
*111%
J-J
Coll
*104% 106%
A-O"
* A-O
1949
Low
v
J-J
Coll trust 4%s—•—
•
98% 100%
y»A *•' -■:Tv^:,€4%!-^83%.:'.B4%-
5s
72%
-
Bonds
Sale Price Bid & Asked
:'
44% 62%
100% 101
100% 100%
A-O
1948
modified.,
Period
High
-
Friday > Week's Range
Last
or Friday's
Interest
;
.
J-D
■
5s
■/'
70'/2
*48'/a
»
v ' J-J ■/.;
A-O/
Albany & Susquehanna RR 3%s___1946
/
3 'As registeredi________________1946 *
Alleghany Corp—
.
.
'
;
A
•"
'*
J-D
5s___1943
assented
.
_
'
>
' F-A
mtge
warrants
Exchange
Week Ended June 19
.Canadian Northern Ry deb 6%S—ll946
Can Pac Ry 4% deb stk perpetual
J-D
3%s___:.l972
Albany Perfor Wrap Pap 6s
1948
6s
Low
No,
*69'/2
J-D
J-D
-MfcS
"
_________1943
B;
Power 1st
High
New York Stock
U
'/
M
1946
A
cons
4s series
cons
January 1
•
1953
__1953
1948
10-year deb 4'As stamped
Alabama
Range Since
Sold
.
__
Ala
:
BONDS
Bonds
Friday's
Sale Price Bid & Asked
105% 108%
107
107%
51
106
100%
75
100
,
109'A
100
1962
*112%
-
J-J
111% 112%
__
66%
-
74
7
15%
15
75
13%
21
18%
19%
16%
15
J-J
62%
24
:17%' 17%
—
*13%
6
14
10
12%
13%
__
14-
100%
M00%
—
;
107
107%
70
68
77%
1
63
72%
75
49
58%
78
95%
80%
87%
107% 107%
■
•'
"•
v.
•
.
'I
Anaconda
,.1950
A
.1995
1st
sink
fund
General
4s
series
C
10
87
104
65%'
V
\
V:
66%
Conv
,
55
11
104
109
108% 109%
V
Nov
*88
M-N
90
88%
101
1027b
Potts Creek Br 1st 4s
101
103%
R
*100%
J-J
*10435 105%
1958
97%
J-J
111%'
111%;
111
7
_1946
1st cons gold 4s__
1st gold 5s
Atl & Charl A L
1946
109% 111%
:/y 1st 30-year 5s series B
1944 ■;
Atlantic Coast
1st. cons 4s_—July 1952
General unified 4'/2S A—
:
1964
Atlantic & Danville Ry 1st 4s
Second
mortgage
/'
Atlantic Refining
101
:
M-S
•V
74%
;
58
1948
„;
76
58%
106
99'A
99 %
20
4s
64
643/4
46
64
33%
33%
5
30%
&
1st mtge
Ohio
25%
33.
27% .V
97%
98%
>58
1
;
86
.
103 Va 103%
83 %
66%
1
Ref & gen
Ref & gen ser D
(int at 1%
due_.i—J,
Sep 1 1946)
Ref & gen ser F
.
{
y
due_____;
Sep 1 1946)
/
:>
Ref
102
23
■
'54%
553/4
-
55%
y
25
I
55%
56%
25
25%
Ill
•
i
:
J-D ;>■
___1949
:■■■':
J-D
;
,v.
;
.
f
£
29
•
■
to
M-S
29
^1949
registered
M-S
Y>
■
Z
v.
v
-
25%
'•
*,•
M-N
due,.—_il05O
65%
25
39%
1977
J-J
,1951
F-A
1997
J-J
ref
5s series A
stamped
1;
25%
47
Bell
45%
'
!34%
25
80
47Va
36%
•
!
'
t
45
2%s
3%s_____
1943
A-O
—1952
Consol mtge 3%s series F_i
~
'
%
>
:1959
^
;
:
45%
5s
1965
1944
1st mtge 3%s—
34%
1950
II
gold 4%s series JJ
mtge 4s series RR
AInc mtge
4'/as
-44
32
■}■;
13
49
48
727/s
85
•
;■
•>
98
5
■'
98%
97%
•vy
100%l
102%
98
2
98
(96%
20
99%
98
41
103% 105%
10
.1955
', '77
77
89%
*__
68
*
102% 105
31
31%
10
31
38
5
29
36
28%
34
29
:
29
'
10%
7%
2
7%
11
♦_-
J-J
4s
series
A
60%
y
May 1 1989:
.May 11989
4%s series E___
4%s series F__^
61% 70
^
,
34%
141
45%
d33%
*
J-J
32%
'
51%
36%
45%
45 %
48%
53
53%
34%
49
■
34
34
137
'34
J-J
33%
;
34
34%'
53
34%
45% y
120
14%
J-J
F-A
14%
A-O
15
328
8%
121
1% y 3
2 Va
1975
adjustment 5s_____Jan 1 2000
2
—____1987
1987"
2%
4s
6V2S
__1936
May 12037
May 1 2037
A 1st & ref 4%s C—____May 1 2037
AConv 4%s series A_—.—1949
—
M-N
-23%
•
-
17%
9
20%
39:
22%
34%
21
25
33
1
23
34
22%
35 Va
24%-
■
M-N'
«■
M-N
d24 Va
M-N
263A
27
M-N
24 Va
26%
■
■
;
26%
27%
27%
28
47
-
M-N
29
27%
29 Va
79
'
M-N
M-N
29
*24%
34%
32
23
34%
26
109
36
22%
W-J'"
35%
32%
34
22
32%
M-N
42
&
ref gold
5s
J-D
17%
50
14%
24
&
ref 4%s
stpd
J-D
18
16%
18
47
13%
23%
J-D
18
16%
18
43
14 y8
23%
109
1%
2V»
1st
5s
stpd
__1927v,
>16
M-N
1%
59%
21%
F-A
13/4
*533/4
1%
227a
40:.;;*; 59%
—
J-J
Chicago St L & New Orleans 5s_—1951'
J-D
•
18%
293/a
18
125
26
20%
203A
A-O
12 Va
12 Va
123/4
'249
9%
153/4
M-S
13%
13
133/4
152
10%
163/4
M-N
2%
2%
10
1%
70
71%
6
50
50
627a
63
,,
-
103
75
79
85%
:
2
89%
85
91
'
75 Va
"74
69%
17
29%
F-A
;
:
108
30%
269
18%
108
68
76
29%
2
18%.
Gold
——.1951
3%s
1951r:
Memphis Div 1st gold 4s__
43%
14
23
108%
*100%
F-A
1st lien & ref 5s series B
•
J-D
<
1967
•100
Chic T H & Southeasterrf
,
Income
2%
8
:
1st 5s___1960
70
3%
70
80
J-D
«
101
28
-V:
75%
92%
95
48
11
"
95
11
F-A
•
108%
Chicago- Union Station— -•
1st mtge 3%s series E
110% 110%
100% 106
72! %
J-D
50
■
J-D
; 88%
';
"l
v
47
18
55
62%
68
483/4
•
113
114
fBurlington Cedar Rap & Nor—
§ A 1st & coll 5s
——
of
—
5s__
y «
%>'.
5%
—
J-J
1952
1955
6
A-O
5%
•'
54
1
7%
79
'
i'
A-O
60
13
53
63%
77
22
70
81%
82'/a
10
•
A-O
43%
5s
:
cons
1967
gtd .4s__i._1942
Cleve Cin Chic & St Louis Ry— V
General gold 4s
—1993
j
-
r
*
page 2349,
107 y
'••79%
A-O
A-O
gold 5s
;_____July 1969
•
gold 5s___
_Oct 1969.gold 5s——1970> •
gold 4%s^___—_i_1955 r
gold 4%s__^____
1956.
gold 4%si—
^L_1951;
see
-
-
J-J
J-D
111
M-S
-
.
<
107%'
;;;y.
:
•
'
-
r ••
1
lll'/a-
•
4
106
*/
1.4-'
'
•
78%
104
■
7'
—
:
967a
95%
997»
36
47
'
43
43 '
17
—
:
8
/.
r
26 Va
1067* 1087a
1093A 111
—
....
F-A
110
J-J
'K'y:
;
>
.
1027a 102 al,
J-D
J-J
.1991
1970
——
7
110
43
J-J
47
M-N
65%
110
-
45% 3
47
*99%
:;i
53 %
44
8
32
86
43%
-
52%
65%
11
66
106 y« 106%
A-O
76
85
114
48
65%
J-J
99%
65
14
86
%
112
99
—
67%
67
♦78
43%
108 Va 109 Va
1
*98 3% 100%
J-D
Cin Wab & M.Div 1st 4s—
\
1073/4 112108
109%
'
111%
105
■
*1107/a
92%
,
1
23%
109% 109%
1977/
Cleveland & Pittsburgh RR—
85
108%
10
10
43
z
74 Va
104% 108%
108
1043A 108 Va
7
'
'
13
-12
109% 109%
-108 % *108 %!
i07y» 1073/4
5
>
-
79%
110% 111
'109%''
i
.F-A
79%
107% 107%
J-J
.A-O
F-A
•
107
107
108% 108% 1
;
43
108% 108%
M-N
1993
4%s series :E__'__
St L Div* 1st coll tr gold 4s——1990
* ;•
16
'
M-N
General 5s series B
Cleveland Elec Ilium 3s
Canada Southern cons gtd 5s A—1962
Canadian National gold 4%Si_^iil957
45 "
99% 102%
58 "
95
*19%
108%
J-D
Ref Si impt
V.
.
California-Oregon Fower 4s„_—1966
953/4
105% 1087a
19
437/a
,
A-O
F-A
14
93%
93
M-N
3%s D
1971
)
1st mtge gtd 3%s series E______ 1969
Clearfield & Mahoning Ry 5S___—1943
83%
58%
76%
81%
A-O
Bush Term Bldgs 5s gtd_____-_____1960
"5%
95%
71
99% 100
8%
5%
6
M-S
Cin Union Term 1st gtd
:
—1934
deposit—^—
Bush Terminal 1st 4s.
41%
106% 107
107
'99%
__1962
.—1957
Debenture
;
33
44
33%
-33
;
93
Cincinnati Gas & Elec
mtge 3%s__.
Cin. Leb. & Nor 1st
33%
j-j
j-j
tAChoctaw Ok & Gulf cons 5s_____1952
3%s__
1966
.
110% 110%
1st
.
49%
—_______1943
Childs Co deb 5s
Buffalo Rochesten St
Pgh Ry-*^-.»• - .*
"- ^ >*
Stamped modified
(interest at
3%' to 1946) due__„___„__^1957
; ; Af-N
M-S
j-j'
1st & ref 4 %s series D_
88% 105
5
1963
—1963
1st mtge 3%s .series F__!
Chic & West Indiana com 4s_^.____1952
98% 108
'
9
J-D
v
113% 113%
Dec 11960
guaranteed 5s
22%
~
107
100% 100%
—
102%:
"■•74''
74'
Af-N
1981
Niag Elec 3%s series C
;
•4oi
101
Af-N
_1957
Buffalo
102
Af-N
:i__1950
Buffalo Gen Elec 4%s B
For footnotes
45
31
^
102% 102 A
12
-
68
.29'/a
Jlf-N
;
___^_1947
gold 5s______.
Guaranteed
33
9;
-
ref-6s series A
.Guaranteed
68 V8
13
7%
fAChic R I & Pac Ry gen 4s
1988
ACertificates of deposit—
§ ARefunding gold 4s__
—__1934
§ASecured 4%s series A—
1952
AConv gold 4V2S__
1960
100 % 102
15
*101% 101%
M-N
Bklyn Union Gas 1st cons gold 5s_1945
Guaranteed
61%
33%
103% 105%
/V 6
•
100% 100%
102% 102'%
M-S
*
.,
Guaranteed
64
33
J-J
}§AChicago Railways
25% part paid__:
V->
Guaranteed
120% 123
633A
A 1st
127% 130%
103
J-J
July 1970
f
Guaranteed
9
120% 120%
64
33%
,
A 1st
k
A-O
1950
Consolidated
34%
6%
§ASecured
•
106% 108%
27
,
ser A
cons M
ACertificates
21%
~1
registered!
——______1987
AStpd 4s n p Fed inc tax
1987
AGen 4%s stpd Fed inc tax____1987
AGen 5s stpd Fed inc tax______1987
A4%s stamped.—
^^..1987
•
83%
"
128% 128%
M-N
.1966
Debenture
55
7%
y
59
45
52%
*443/4/ 50
106% 106%
F-A
<
i!955
3'As.
1st lien &
23%
29%
3%s registered
'AGeneral '.4s_
y
95% 100
48
59%
Zr'y:>'■ *78
'
.
22
43
103% 103%
_j1961
Bklyn Union El 1st gold 5s
•
80
213/4
A Mtge gold 5s series A
:
53%
997/a
103% 104 "
__1960
;
t A Boston & N Y Air L 1st 4s
Bklyn Edison
71%
7%
^Chicago & North Western Ry—
AGeneral gold 3V2S
—1987 >
48%
J-D
1st 5s AC_—_ —;1967
series
63%
33
fChic Milw St Paul & Pac RR—
'
F-A
M
69
73
>
*27 Va
AGen
54%
53
J-J
mtge 3'As series H
Big Sandy 1st mtge 4s—____.
y
106%:
F-A
1st
64 7'a
71%
AConv
98
■
-
: '•>
A-O
mtge 3s series G——-I960
1st
64 %
71 %
;
-
;1
J-J
39
74
45
;;'.52
IT-,'
A-O
Consol
.
",
J-D
Consol
1st
72%
70
23
J-J
;
v; J-J
1956
Beth Steel 3%s conv debs_
Blaw Knox
83%
76%
18% '42%
246
'
99%*
-
A-O
2'As——1950
debentures
Boston & Maine
957a
75
76 Ve
:,64%
;
J-J
^_May 11989
v39%
52
;
52
52
'':
J-J
Telep of Pa 5s series Bi__—1948
1st & ref 5s series C-_____:______1960
Loan
85
90%
76%":'
J-J
gold 3%s series B__May 11989
t'." AGen 4%s series C___
May 11989
;
25%
993/4
J-J *
__1951
Indus
89%
81%
67
M-N
gen 5s
AGen
44%
25
19%
45
y
J-D
Beneficial
85
10
92
J-J
Si
ifChicago Milwaukee & St Paul—
■
18%
36 Va'
J-J
Battle Greek & Sturgis 1st gtd 3s__1989
Beech Creek extl 1st gold 3%s
.1951
cons
88
82 Va
90%
115%
;;*_w;v".88/y:./:-
F-A
1971
&
AGen
29
45%
>
J-J
ref 4s
Del
86%
82
.
J-J
3
Bangor & Aroostock RR 1st 5s___.1943
Belvidere
86
90%
M-S
.
j
22%
M-N
617/a
y 65%
214
64
19%:
•
J-J
C
13
82
J-Jv
1949
AGen
'
F-A
il959
4s
121
86
J-J
J-J
r:-::
•
29%
:25
-
[■ 25 Va'
\.
•
to
gold 4s extended to_.__1951
(int at 3%% V
.Toledo Cin Div.ref 4a A—
Con
121%
18%
*114
1949
4s___
_1947
series A
1966
A 1st & gen 6s series B_____May l966
Chicago Ind & Sou 50-year 4s_—1956
:
Feb 11960
1947)
118
17%
118% 118%
J-J
'
S'west Div 1st M
1
"2
17%
J-J
Chicago Gt West 1st 4s series A—1988
AGen inc mtge 4%s
.2038
106
54%
128
•
1995
___1996
due
to Jan
129%
-
J-J
A-O
i:
Pgh L E & W Va System—
"■If.:
100% 103 Va
100% 104
Chicago & Erie 1st gold 5s________1982
95% 100
'
A Conv
Division
Chicago & Eastern 111 RR—
AGen mtge inc (conv)
•»
A-O
to
__2000
(int at 1%
55 Va
'v
;
.
due_i.______.1995
to Dec 1 1946)
,
A-O
July 1946
(int at 1%%
C
ser
10
128%
A 1st
due.,
1946)
126
25
1958
1st
<
;>
gold 4s
Oct
21
100% 101
100% 100%
ARefunding 4s series C
RR—
Ref & gen ser A (int at 1%
Dec 1 1946) due
,
128
100%
t A Chic Ind & Louisville ref 6s A__1947
•'
ARefunding gold 5s series B
1947
27%
M-S
__July 1948
'Stamped modified bonds—
■
<
1st mtge gold
(int at 4% to
%
128
100%
1st & ref 4%s series B_
40
74 Va
64
B
Baltimore
M-S
102% 103%
M-N
Gbneral 4s____
/
73
J-J
1
103% 103%
'
94% 100
J-J
______1953
104% 105%
__
F-A
1949
registered
Illinois
104%
58
%
99%
4
J-J
104
.../,
87%
*
:
:
__
74'/a
M-N
.1959 :
tr 5s
deb 3s
104
,104
87%
*104%
__
32
Chicago Burlington & Quincy RR—
100% 103%
Af-N
—1948
4s
Atl Gulf & W I SS coll
102 Vt 103
J-D
i
10-year coll tr 5s—_____ May 1 1945
L & N coll gold 4s
—Oct 1952
>
100
J-J
IJ
87%
"
3%s
J-D
.:
90
110% 112%
J-J
1st 4%s A__—..1944
*80%
M-S
1989
Illinois division 3%s
Atl Knox & Nor
1989
gold 4s—
AChicago & Alton RR ref 3s
99%
32
111%
Si A Div
2d consol
103% 105 JJ
111% lll7/«
M-S
..1962
92%
3
101%
J-D
1st 4s____
93
87%
Chesapeake & Ohio Ry—
„>■; General gold 4%s
_^1992
Ref & impt mtge 3V2S D
_1996
Ref & impt M 3%s series E_____1996
16
.101%:
J-D
Cal-Ariz 1st Si ref 4 Vis A
M-S
101% 101%
J-D
.1965
M-S
101% 101%
1955
Rocky Mtn Div 1st 4s
106%
106% 110%
6
1960
1910
Trans-Con Short L
61
91
89
90
50%
Champion Paper & Fibre—
S f deb 4%s (1935 issue)..
1950
>
S f deb 4%s (1938 issue)——1950
99% 101 *
1
63
49
1948
Certain-teed
104 »/a 106%
—1955
1905—
gold 4s of
105% 106
105% 105%
A-O
,
1995
—._._____1995
Conv gold 4s of 1909...
Conv 4s of
101
!
•
.1995
.
t
J-J
v
•____
4s____
—
v
63
49%
Prod 5MiS A
697/8
106
,101
70%
63
F-A
43
62%
13
69 %
A-O
M-N
107.
34
65%
F-A
Through Short L 1st gtd 4s
1954
Guaranteed gold 5s——
—I960
§ACcntral-RR & Bank'g of Ga 5s__1942
108
103
♦38
Jan
Central Pacific 1st ref gtd gold 4s_1949
...
103% 105
99%
-
M-S
F-A
(Del) .1957
4s
Adjustment gold 4s
Stamped
■
,
Q-J
(Del) 4s B____—1955
Atchison Topeka & Santa Fe—-
,
.
Memphis Ry Bdge & Term 5sl964
Armour & Co
i
A-O
98%
•
'
Ark &
f
*104% 106%
1950
Arbor 1st gold 4s_____
....
■■/V-''
M-N
Anglo-Chilean Nitrate deb.__—-1967
$Ann
;■
J-J
.
1975
deb 4%s
Cop Min
'
J
Am Type Founders conv deb
Wat Wks & Elec 6s series A
Am
•
General 4%s: series B
Series B 3%& gtd
1
Series C 3%s gtd.
——:
Series D 3%s. gtd..
General 4 ¥28 series A...—;
,
1942_
:—_1942
..1948
1950
,
1977
103% 108%
Gen & ref 4%s series -B—______1981
103% 107%
Cleve Short Line 1st gtd 4%s—1961
—
A-O
M-N
F-A
.
_
108
.♦ 108
F-A
*105
J-J
*105
A-O
1077/a
-
1Q5
'
70
70
•
108 ' ;
"•r
__
6
68
,
108■
83%
THE COMMERCIAL. & FINANCIAL CHRONICLE
2346
^
:
'
.
■
•
.
•
"
'
t
,.Vv Monday, June 22, 1942
,
*
NEW YORK BOND RECORD
BONDS
New York
Stock
Exchange
'
Last
Interest
•
Low
Cleve Union Term gtd 5%s,.
1st s i 5s series B gtd„.,i-„.,„1973
A-O
A-0
61%
1977
4s„„,,,1945
...-1943
-_„,1970
;
J-D
F-A
5s
income
mtge_,
k South'4 %s
A Colo
5s—_,
Debenture
Debenture 5s„-
.J-J
v
Columbus & Sou Ohio El 3Vis™—1970
Columbus & Tol 1st extl 4s
A Commercial
88
88 %
82Vi
—1955
*
A-0
66 Vi
84
w
—Apr 1 1969
w_—
1st
3 Vis
,M-N
Hudson Coal 1st s f 5s series A—1962
Hudson Co Gas
102
1st
gold 5s_—
1968
31
110
78% 101%
Low
High
AAdj
,
39
F-A
39
:
41%
•
13
122% 126 y8
1 'V
85%
98% 103
23
617/a
7 -y.
40 "
35%
2
41%
44
12%
13%
204
101% 101%
45
118% 120%
'
288
33
:
91%
102% 104%
?;42 /;
:■
118% 118%
A-O
income 5s
1
102
36%
48%
8%
15%
107%
106
.1981
110Vi
:
'
1951
109%
106
101%
/
f-
.
v
1951.
108% 110%
4
48
J-J
99% 102%
Illinois Central RR—
31
21
61
31
108% 109 y2
109 y2
J-J
-
-
January 1
No.-
103'/a 103%
103%.
M-N
1949
1st 5s A——1957
-f"
30 Vi
J-D
- -
—1958
—
Range Since
Sold
126
'
85
J-D
Feb 1957
Hudson &:Manhattan
•
1951
mtge 3%s series I
debs
102
1937
M-N
24%
Vis debs„i—
Commonwealth Edison Co—
Conv
126
A-O
Houston Oil 4
85
107
*110
F-A
May
-
J-J
88
84% 102
2
51
Bonds
»
High
*109
107
1999
1944
15
49
Friday's
1954
Hocking. Valley Ry 1st 4%s
*
Hoe (R) Co 1st mtge—i„—
if§ AHousal;onic Ry cons gold 5s
103%
80%
319
or
Sale Price Bid k Asked
Low
7lVa
58%
5
A
Week's Range
Last
Period
H
Mackay Corp—
deb
Income
22 Vi
M-S
1st extl gold 4s__1948
Columbus & H V
82
88
v
„
83 Vi
65
Interest
84
102
85%
86
A-0
•
52
•-
High
75%
-
Friday
Stock Exchange
Week Ended June 19
—
20%
22
M-N
-Apr 15 1952
1961
61%
81
M-N
Columbia G k E deb Ss—.—May 1952
41
5
*101% 102%
A-0
1980
series A_.
68
*103%
1
__
79%
61%
66 Vi
1st s f 4lis series C,_™
Low
High
66 Vi
A-O
Colo Fuel & Iron gen s f 5s
January 1
No.
New York
Range Since
Sold
79
1972
Coal River Ry 1st gtd
Bonds
Sale Price Bid & Asked
Period
Week Ended June 19
bonds
Week's Range
or Friday's -
Friday
•,
....
J-J
•,'V'5 "V
i
v
91%
86%
86%
J-J
A-0
86%
h
1' 1
91%
5
■
*86'/a
90
92%
86%
84
86
wmim
86
'
'
Conn & Pasump
Ry. & L 1st & ref 4%s,—
Stamped gtd 4lis
Conn River Power s f 3%s A
A-O
•
J-J
J-J
*110 ya
-
1943
1951
,—1951
1961
1st 4s
Riv
Conn
1951.
*iooy2
F-A
•
1952
„
111
108% 109%
-
10
.
1955
109% 110 Yb
v.
109 ya 110
*110
M-S
1952
'"
A-O
3 Vis
debentures
L
——1948
3Vis
debentures—
1—
-—1956
3Vis
•1
debentures—,—1958
103 y2
29
17
104
103
A-O
A-O
103
106
105% 108
10
101% 105%
8
104% 104%
tAConsol Ry non-conv deb 4s,—1954
J-J
28
28 Vi
8
—,1955
J-J
32 y2
32 Vi
2
J-J
J-J
*28 y2
4s
^Debenture
Coal s f
Consolidation
5s
Power Co—
Consumers
1956
,1960
4s„,—.—
88 y4
;
:".V/'.'.v -V:;;.
M-N
vvv.;
-
88 %
21
88%
343i
1967
—
—1970
,————1966
—,1969
3Vis—
mtge 3Vis
mtge 3V4s—
mtge 3ViS——
1st
1st
1st
—
Crucible Steel 3Vis s f
34%
90
1951
gACuba Northern Ry 1st 5Vis—1942
A
\
receipts,——.
ADeposit
series
B
"■
,
v-■
•
;V:V:
V
,
-'.v'^Vv- {7''
-
• ...•■■
.
vy;
■
.
\V v.-/"/
%,
/
&
3Vis—1962
—1965
A-O
•
1948
M-N
.,1956
..1995
;>•
.,1965
;
•
Railroad Co—
1st cons M 4s series B
1957
1995
—
;• *
inc 4y2s series A—-2015
& Erie RR extl 1st 4s__
1947
23%
30%
33.
33%
23%
33;
,
32%
27
89%
15
90
..7
.
.
86%
93%
A
1
.
mtge
3V4s—.——1971
5s. series
Internat
B
51%
104
.—,1956
—,1944
3
Paper 5s series A k B,„1947
*3%
4%
61%
86%
1955.
104
7
'
104 %
/i-
49 V*
54'.
43
79
•
.'.
A
--
79
56
■
64 Vi
40%
'V
41%
70
^
*19%
—
146
40%
52%
49
37%
47%
2
45%
66 ya
78
20%
27%
23%
*108'/a 110
«...
A
-
•-
103% 103%
——
101%
-1'
103
18
101% 101%
1
100% 101
•
108'/a 108'/a
"
105'/2
99% 102%
9
•'»
99% 101%
82%.
""i
>•
W' C; .:
*26%
y
'V?: ^ ' ^
28%
188
18%
21%
•
18%
11%
29'/4
103% 104
103% 105
104% 105
104%
27
13
104% 105%
*
-
96)
96
99%
9
56%
57%
240
35%
57%
F-A
57'/a
57
58
248
38%
58'
1
%
M-S
v
%
1
85
96
99%
56%
%
.
90% 101
•
1%
P:' '
J-J
1961
45
45
45%
11
43
53%
96
96%
3
93
97%
4%
K
3%
19%
6'/i
Kanawha & Mich
87
1st gtd gold 4s—1990
a-o
t§AK C Ft S & M Ry ref gold 4s,1936
A-0
ACertificates
108% 111%
of
109% 111
101% 106%
i.
a-"o
95%
40
37%
52%
58
58
58
64%
—.1987
Kentucky, k Ind Term 4yas——1961
Stamped „_——
1961
1
Plain ;.J_
—u——
,,1961
65%
67 '/a
30
65%
74
108% 109%
J-J
1st 4s—
108%
16
i- 5
53%
'
108% 110
20
82%
88
48
11
66 VV
J-J
City Term
86
42%
41%
^
58
J-J
1960
40
17%
89%
41%
40
City Southern Ry 1st 3s,_.1950
RefJ & Impt 5S-—Apr 1950
Kansas
35
*—
42
,
deposit—
Kansas
vj
.20.
102% 103%
V-;,.1V';
106% 107%
'
29%
±
26%
2'/a
11
5
14%
27%
20%
1%
12
1%
15-
"14'/2
104
11%
20
17
1%
15
J-D
»."*-
1
103'/4 103%
107% 107%
16
-
1%
99%
Laughlin Steel 3y4S—
12
;
.
16
F-A
Jones &
78%
V-i
12
18
82%
■;
35
18
.
.
J-J
19%
1%
5
*33
.
V
62
M-N
—1972
1st.lien*&.ref 6Vis,,1947
James Frankl k Clear 1st 4s__—,1959
11%
/
v
8
■V-
r:
,
110% 119 %
—-
50-.
46%
39%
46%
95
44%
'W'
M-S
19%
3%
rill % 111 V4
i\;
i,
J.'
"
A-O
.tAIowa Cent Ry 1st & ref 4s—,*.1951
5^'i:
1,:;:,!:>;&
ov
;
*
.
.
57
107%
1%
10
39
104%
58
53
40
"l
70
j-j
10%
8
2%
' •'
' 83/
"•/:/ 57
55
42
*61
j-j
10%
K
21
15%
•
50
71
57
*49%
-
j-j
Int Telep It Teleg deb gold 4'/2s
1952
Debentures 5s,i_—
*—1955
104'/8 106%
10
145
1%
••
79%
40%
A-O
1956.
Ref, sink fund 6s series A..
■>.
106% 107%
:
• --
__
15%
111 Vi-
•••',
101% 101%
362
86
•
49 V
44%
J-D
j-j
Adjustment 6s series A—, July 1952'
A 1st
■{? A 1st gold 5s series C
Internat Hydro El deb 6s_
103% 106%
..
./
.56%
2%
iv ]
15%
"/■
3i:
Kentucky Central gold 4s„
J-J
111% 111%
*110% Ul»/4
*40%
50
40%
43%
J-J
*84'/a
90
80
86
J-J
*90
95
J-J
*83%
84
83
83%
1011% 102
101
106%
-
'
''V-
;
109% 110 y*
'
-*
*105
'Wi->
.,
*__
.:
20
108
99%
M-S
155
99% 100 Vi
*103% 104
62%
A-O
109
99% 103
*100% 1011/2
—...
103
637/a
4Vis
108 y8110%
.i
__
99%
•
.
10
unguaranteed—
1961
A-0
•Kings County El L & P 6s_*—*—*1997
Kings Co Lighting 1st 5s__
*,1954
s
1st k ref 6%s-.
—*,_.—1954
Koppers Co 1st mtge 3yas
—1961
Krfesge Foundation 3% notes*—**41950.
f AKreuger & Toll 5s ctfs,——1959
J-J
'
'
—
„
90%
46%
5
105 Vi 105 %
90 y2 91%
45%
.
58%
M-S
—
,
96y2
•
45%
*103y2
—
56%
106
108
96
96Vi
105% 106%
104%
103% 105%
98
M-S
106
*1*
99
98
2%
102
%
1%
62
104
134
46%
*104
70
1 106%
86% 93%
8
81
106
M-S
97
'
Coll
k
ref
2
93
101%
98%
98%
98%
12
98
98%
78%
79%
44
72
78%
79%
6
100% 101%
A-O
—1945
Ref & ext mtge 5s__—
J
*
78%
A-O
§ A Laclede Gas Lt ref & ext mtge 5s. 1942
J-J
J-J
1,02
J-J
104%
56%
*61
J-J
M-N
M-S
AGen mtge
1st
26
:lAInter-Great Nor 1st 6s series A_1952
t
-
1st cons M 4%s series A..
Div
32 Va
14% .15%.
A-O
.,1965
stamped
Ohio
25%
2%
J-D
■
.,1970
Y
32%
107'/al07%
14%
15%
J-J
■
.,1950
N
35%
15%
;
J-J
J-J
-
f
39%
28
38%
33%
30
11
*105
—
,
A-0
.
.
'
15%
;-\
:V; M-S
.
*." ■ ' 7
**
M-N
—1961;
Tunnel 4Vis
deb 2Vis,——,——1950
Duquesrie Light 1st M 3%s_
Erie
23 Vi
:■'* 1
29%
53%
107'/a
,
M-S
fgADul Sou Shore k Atl gold 5s—1937
5s
-tv
J-D
1995
Dul Miss & Iron Range Ry
54%
J-D
J-D
gold 4s„
Detroit Term
37
34%
107'/a 107'/a
A-O
——1970
—' r-V
V
v
F-A
A-O
J-J
M-S
gold 4s 1995.
.
26 Vi
105% 106.
*__
101%
105%
■'
A-O
J-D
.5
Int Rys Cent. Amer 1st 5s B
1 F-A
•Dow Chemical
A-O
<:■
J-J
J-J
Apr 1978
ADes M & Ft Dodge 4s ctfs
1935
$ADes Plains Val 1st gtd 4Vis
1947
Detroit Edison 4s series F————1965 VGen & ref mtge 3Vis series G—,1966
Second
A-O
1947
D
M-N
J-J
j-j
J-J
ARef & impt 5s series B
A
1961
•
JADenV & R G W gen 5s_—Aug 1955
A Assented (subject to plan)—
series H
94%
37%
•
...
y^
•
89
A-0
' J-J
4 J-D
& ref 3s
92
26
■ ■
*30
J-D
-
;
Dayton P k L 1st mtge 3s_——1970
Dayton Union Ry 3Vis series B_—1965
Delaware1 & Hudson 1st & ref 4s__, 1943
Delaware Power k Light 1st 4Vis—1971
t
1st k ref 4Vis,—:————21969
1st mortgage 4Vis,,
1969
JgADen & R G 1st cons gold 4s™1936
§AConsol gold 4Vis—
,*1936
Gen
5
9
93
26
.,*1955
1 V?V"
Detroit & Mackinac 1st lien
M-S
*25
/v,
•
.
4.
J-J
1986
—
•'-/
''
•
1956
99% 101%
*30
1946
extended to
ADeposit receipts,™—
Curtis Publishing Co 3s deb
...
107 Vi 109%
31
150
42
J-J
34%
——,
1
A 6s
1950
29%
29%
—
A extended to——1946
A7Vis series
1963
93
1952
RR 1st 5s
.ADeposit
i
*..:•
1963
'30%
58%
42
v
Ill Cent and Chic St L & NO—
107%
~6
48%
*53%
---
106
25%
receipts
gold,—:
receipts
Deposit
A Cuba
j-
F-A
13
100 y8100 y4
41
a
108% 109%
*107%110
51
*45
'-
t
J-J
108% 110%
A-0
J-D
*
1955
debs
'■
J-J
1
J-D
f debs————1950
Crane Co 2 Vis s
T:.: [
J-J
1951
1951
108%
107
4
y
39%
a
19
109
72
79%
*■
——
106% 106 y2
110
M-N
M-N
M-N
46%
■44;f':://;
wiima
109% 110
109
M-N
:.
49 Vi
38%
41'/8
41%
;
1952
1st mtge
39%
9
43%
«
50
.
F-A
1951
Gold 3%s„.
53%
127
42% /
41%
,
■
I;
J-J
1951.
343)4
26.
42%
40%
j1
43%
!
1953
23%
23 ya
80
30
107 y2 107%
1965
3 Vis,;
1st mtge
'
28
J-J
30
48
41%
;
J-D
.1951
19
102 y4 102%
J-D
F-A
.1950
106%
106 Vi 106 Vi
106 Vi
J-J
Consolidated Oil conv deb 3 Vis——1951
A Debenture
1966
102% 104
104% 105 y4
103 >/4
M-N
-**.
47%
42
M-N
70
50
47%
.',r;.
"*■;
1955.
_
/•:
•
M-N
•J-J
1953
Consolidated Edison of New York— " .V.:v';:3%s debentures
———1946
A-O
*30
j
5'/is series C——1953.
F-A
5'/is series D——1960
Coll trust 6s series A—*—
1942
"t
Coll trust 6s series B.*^——1942
Lake Erie & Western RR—
"
'
J
5s extended at 3% to,*—
1947
Lake Sh & Mich Sou gold 3%S—1997
J-J
97 Vi
J-D
79
1997
J-D
Coll
t
k
F-A
ref
85%
72%
85
F-A
*100
1001/4
70
100%
F-A
*100
101
83
100 %
•
4s__—1956
Tire & Rub 3s deb———1961
J-D
M-N
1943
—1959
1974
J-J
J-D
M-S
Fairbanks Morse deb
Firestone
JAFla Central & Peninsular 5s
^Florida East Coast 1st 4Vis
tFonda Johns 81 Glover RR—
97 Vi
1
97%
12
88%
97%
*62
64
58
65%
65
57%
70
12%
1 M-N
1982
deposit—
debs—1956
Francisco Sugar coll trust 6s
1956
13
458
12
registered^——,—
Lautaro Nitrate* Co Ltd—*k
19
8%
.
*-7%
V
*
*23/4
—
3%
2%
*3%
33/4
101% 101 Vi
-
—_
"
J-D
M-N
72
71
1%
9
12
72
100
13 V
12 '
69
4
Lehigh &'New Eng RR 4s A—*;
-Lehigh &lN Y 1st gtd gold 4s
Lehigh Valley Coal Co—
■
"
5s
5s
5s
Dec
Steel
cons
Castings 5%s
t A Georgia & Ala Ry
5s—,1949
J-D
—,*1949,
—Oct 1 1945
5s.
jgAGa Caro & Nor 1st ext 6s
Goodrich (B F) 1st 4»/4s
Gotham Hosiery deb 5s w w
,
v
J-J
J-J
J-J
«
*117
__
__
r
r
94%
94
52
94
*_,
J-D
.-,*1947
Grays Point Term 1st gtd 5s
—1934
—1956
,—1946
;
J-D
■
„
.
a
104
M-S
19'
14
*24%
27y2
20
104
,
104 Vi
90y2
__
-
stamped,*^
58
91
98%
21%
31%
93'/a 104 %
;,4
92
80
——
.
4%s series A
—1961
J-J
General 5yas series B_,—
1952
J-J
;,
5s
stamped.!
—
—
-Leh Val Harbor-Term gtd 5s
J-J
General 4V2s series E
1977
J-J
General mtge. 4s series G—,1946
J-J
Gen mtge 4s series H_—
*1946
J-J
■
Gen
*1967
J-J
*
997/a
90
20
89
•Lehigh Valley RR—
4s stamped modified
81%
28
}.. 79%
<-~ /
v
.
& West deb ctfs A
A Debentures
ctfs
79%
79%
81'/4
54
79%
87%
94%
94%
96
72
94%
99%
62
93%
9.7%
70
79%
57%
.
series C
1950
70
1950
Gulf Mobile & Ohio 4s series B—1975
AGen mtge inc 5s series A
—2015
A-0
'
94
Vi .95%
70
.—1961
Gulf States Util 3%s series D*
For footnotes see page
i:
' "
J-J
1969
90
V
«
71
:
.
30
i
106
65
8%
90
99 y« 105 )
90
-88
88
9
•4
2
7%
J-J
'
'
r
90
•
M-N
-
,
43
77
77'/a
5
1
:v
80
82%
72
62
3VV
63
63
45
44)
46% it;-
J-J
48
48
49%
'
62%
58
30
-
66
68
57
5 '!•/'
58:
58
•;i*
63
62
80%
75
5
69%
F-A
J—1974
79%
67%
'•
96%
99% 100
77
80%
*62
F-A
67
94%
_,
77
77
80
70
66%
51
••42%
•/
30
48 '
53%
•.
-
._2003
29%-30
29%
M-N
*27%
'*
-
M-N
i:
32%'
-
V
60
,
30
■
V26%
37%
36
26
'
V: 29
41
32% v-
31%
—
—
-
40%
30%
38 V*
32V
46
51%
':'1
J
66%
74%
46%
11
46
59
93 Vz
"
—
93%
1
101% 101%
11
A-0
.,1965
.,1955
109% 110
4
109% 111
02%
93%
:
57
-
•■•
•
/ J-J
-1944
r
•
55%
•
57
•
21
;
61
105% 105%
'105%
112% 112%
A-0
F-A
-
•
3
r
-
■V
-
M-N
*100
*103%
3
'
V
V:
—
A
V.A
v
-
117%
104
•
•2
122% 122%
A-0
A
114
*114% 116
106 V
115
121% 123 y8
112
—*
.
—
■
102%. 103%
91%
96'/B
M-S
stamped,,
*94%
,1949"
4s
M-S
,95%
96%
10
,1949
M-S
95 y«
95%
4
112% 112%
5
112
5
119% 122%
A-0
(P) (.
^
■'•
'
—
__
—
92
91%
98
97%
115
'
F-A
debenture
_1969-
•V- 119%
119% 119%
77%
J-J
,1966
>
/:■ f.V 13
37%
.36%'
;
A-O
-1951
5s
orillard
101% 105
,
37%
M-N
.
92
67 V2
.
.
/
2
63
,1951-
95%
Vi
87
67%
<
-
a
A-0
"
95
F-A
.,2003
5s
'
71%
95
80'
10%
46
—
67 V2
.
*57%
8y2
__
J-J
Gulf k Ship Island RR—
1st k ref Term M 5s stpd—,1952
Gulf States Steel s f 4%S
Feb
A-0
71%
*99%
—1954
r
65 >
.94%"
Feb
Gulf Mob & Nor 1st 5%s B—
1st mtge 5s
^
B—
71%
F-A
_1962
AGreen Bay
35
12
15
:
4%s registered—j..,: .,2003
89 )
84
97%
79%
J-J
1976
99%
89
1973
75
1954
Lehigh Valley N Y 4%s ext—1950
105% 108%
80%
General 5s series C
mtge 3%s series I_—
9
99%,
General 4Vis series D
43
73%
._2003
107% 107%
*
42
73%
———1964
stamped—
97%
88
74
—
M-S
1954
.,•2003
Great Northern
95
78%
18
A-0
sink fund 5s__————1964
*91
„
42
j-j
11965
,1945
1st & ref sink fund 5s*,_1974
Gen
"V;
75
j-j
stamped—i————1944
1st k ref sink fund 5s_,—
v
1st & ref
Gas & Elec of Berg Co
79'/4
-
..,
——,1975
mtge income reg
'Lehigh Coal & Nav s f 4%s A——1954
'Cons sink fund 4Vis series C——1954
-
3%
101%
83
A 1st
7 V":
97%
#
;
,
of
Food Machinery Corp 3s
12 Vi
11%
3Vis
105% 107%
*64
—
>"
■.
(Proof of claim 1
ACertificates
97%
106
11%
A 1st & ref 5s series A—
ACertificates of deposit
§A2-4s
106 '
—
97'/a
78%
.
*,
M-S
t
,1945
•M-S
.*.
A
■
/
,105%
2349.
♦7
109
•
40
78'/a
109
105% 105%
.
V
-1
2
77%
84%
108% 110
105
106
;
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
Volume 155
YORk BOND RECORD
NEW
<'
bonds
,
York
New
,
Stock
'..v
-
'
<
„'/•
Interest
Period
>
.
Last
or
Low
series B
1st &
ref
1st
ref 4'/aS
&
1st
5s
_
series C
ref 4s series D
&
1st & ref 3%s series E
3'/2S series A ext
Unif mtge
4s series B ext..;—___1960
Div 4s._-—>--1946
Paducah
-1980
Montg 1st gold 4'/2S—--1945
South Ry Joint monon 4s—_—1952
Mob &
Atl
Knox
&
Cine Div
V 91
r
:
High
80%
.".16
81
104
107%
N
104
106%
N
r
80
83
Gen
.___1978
90
86
19
e
Manila Elec RR & Lt s f
Manila
RR
91
»
J § A Manitowoc Green Bay & North1st gtd 3
western
Steam
Marion
Vis
Shovel
Stamped
Y
-1941
;>
(Stamped mod)
lst
gold 4s
lien
N
92*.
*_■_•
89 %
v
series D
:" ;
105
-105
1979
8%;?
*-••/
Harlem
&
v
5
104
3
97'
L E
v;'
J-D
J-D
-\r.
M -S
1940
A-O '
1939
•
1939
-
93%
'«
deb
4s
4s
A Ref
ext. 50-yr 5s series a_.
&
' M-S
.
1962
:•
—•■.;>■
i
•
Q-F
■
6s_„
23
23%
::
; 48
trust
6s_
...
4s_
"
,
45%
.
29
C
18
.
37
37
,32
»
,4% *
1%
•
■
%
13
12%
29
12%
4%
4 '/a
Alst & ref 5%s series
1%
65%
65%
J-J
B___—..1978
2
60%
...
Kansas
Mo
Missouri-Knnsas-Texas RR—
ref 5s
&
of
Alst
ref
&
5s
19%
35%
2
20 '/a
34%
47
181/4
34%
28%
28%
728
32%
40
19
36
28
32%
85
19'A
AConv
•'
32%
34
87
24%
cons
1 ;j
27%
14
20
Certificates
29
28%
29 %
83
21
16%
69
17%
16
7%
3rd 7s extended
26%
25%
21%
24
2%
2%
%■ 34
25%
26%
322
21%
;5T'a
26
10
23%
Montreal
Morris'&
'
Constr
Constr
Mountain
1981
25%
26%
64
21%
25%
5
25%
26
%
26%
38
^
f-a
F-A
.
25%
26
.'.•' ■''L- ''77.'
:
•'
V-
:
)*; '
104 Va
36
M-N
•
;
M-N
■
9
'
Alst mtge
1
••
:■<
38
F-A
35
,*111%116
:
1
42
A-O
:>
103 /
*
*91
J-J
J-J
—
A—.-—1952
e
•
64
">•:' 13
.
14
74
23%
69%
7 1251/2 125%
26%
23%
,
74%
21%
42
•
A Vi-
24
28%
22
21
102% 103
,
.
124% 128%
100% 104
124
46%
42%
Oklahoma
Elec 3%s„_■
&
Gas
debentures....
69%
4:'
■
>
—
69
'
21
:
5
;•:?
67
66
73%
39
40% >
81
39
39
10
38
42%
7i
F-A
M-S
45
45
203
5.: 7 59
507s
7 32
501/4
49
109 '/a 109%
9
7 59
J-J
'VC
49
•
:
4%s ser
1st mtge
.
Pacific
Coast
Gas &
lst &
lst &
77%
2
*
76
"•
lst & ref
82
.
.
7 i
'77
:
'»./;
111
>;•/
111
J-J
Ref &
Ref
impt 5s series C—2013
■47%'./
V
42%"
■•
•
82
%
105% 107%
—
1946
7%
14
106% 107%
*108V2 109
109
109%
35
108%
104%
102 %
117%
4
106% 107
110%
110 % 110%
*111% 112
105% ;. 105% 105%
100%
100
100%
/
106%
»*<■:
;
.
—
.
J-D
108'4
103%
102
*103
v_
r
V1Q3%
f-a
M-N
7%
.
v.
J-D
•
—
;
—
——1961
A
1962
El 4s series G__
105
107%,
4
72
L:; 80 y
Paducah & 111 lst
37
- 43%'
Panhandle East P
-
/
•
34
29
-
>•
•/, 41%.,
37%
-
Ref
—1—1952
v 49
38
v
46%
V 47%.
40% 45
'
*}
gold 3%s_—il__1998
J-J
F-A
F-A
F-A
registered—____^—l_-1998
F-A
•
:":-
38
-
37
-
Pat
;
s
,?
1
L 3s
..
447/#
203
122
»
446
108% 110
107
..
108%
4
102% 104%
5
102
8
106% 108%
1
109% 112%
103
102% 105
111
31
150
,
90
112%
104
106 %
78% 101 %
&
/
107% 109'/a
108
107% 108
10
106 % 108
100%
iooy2100%
12
99
102 %
100%
100
100%
13
99
101%
1
85
94
1
84%
92%
•
66%
Pennsylvania Co—.
1944
.
93
•
59%
<
97%
42%
54%
Pa
3%s trust
ctfs D
50%
'7; * 46%
44
50 % ; 50 %
Ohio & Det
lst &
—I960
Penna
46%' 47%
--
9
61%
6
99%
99%
75
42
421/2
4
67
105
105
100% 103 %
58%
61%
98% 100%
42
49
118%
—1969
.'
1974
>
__
J-D
1943
—1948
■'
—
iF-A
?
F-A
-
106%
101
102 A 102
—
*102% 103%
*105
106%
;
101
101%
*103'/8
„
«101%
J-J
'
.
.'101
A-O
.
|
.
1.
M-N
'
•'
i-
F-A
—.1981
Light 3V2s.^^
4*%s "debentures.
1—
79.%
'7
107 % 108 %
118
__
■.»
105
15
66
78%
23
52%
61%
50
57
"Consol
4s
gold
4s-
sterl stpd
M-N
v M-N
5
18
1
Gen
M-N
—May 1 1948
dollar
46%
56%
3%s series C
Cons sinking fund 4%s_!
General 4%s series A
!
44
49 %
General "5s
'
-
mtge
.
series
...
1970
1960
'
1965
.
:
106
106%
100% 101%
14
1968...
B
2349.
;
J-D
J-D
..
101% 104
101% 101%
41
105
108%
48
99
107%
102% 103%
12
—
4
—
A-O
F-A
107
105
—
*—
103
109% 109%
:<
109
109
/ 89%
89% 90
• 120
120
120%
'
101%
101
101%
107%,. 107%108'/a
•
104%
100% 105%
103
101% 101%
*101% —
r
103
61,
49
;
ref 4%s A—.1977
Power-&
•
,
J-D
'
.
8
61
,
*116%
J-D
"r
1952
.1963
4s
4%s series B_„_
L
59%
49%
■'
•
106% 108%
•'■".•
42
'
■
.
1942
14
54%
,,
7:
M-S
cons
108 %■
100% 100%
—
F-A
5s_—1949
G & E
90%
*105
T-
A-O
Passaic
90%
■108
y
,
7
91%
*106% 107%
— —
M-N
Guaranteed
47%
66>/4
52%
90%
-•
j-J
1955
91%
v
.7
J-D
Guaranteed 3 %s trust ctfs C
84
' 68%'
J-D
M-S
6s
90
110% 112%
26
1944
deb
82%
26
109'/2
Pictures 4s debentures.1956
Trans
1
90
1121/2
A-O
52%,
231
53
44
8%
109
1960
B_—_
Gtd 4s series E trust Ctfs..:
47%: 48%
44
4%
106% 108%
7112
i.
1966
gold 4%s__-.1955
f
Pennsylvania Glass Sand 3%s
•' ' •' *52%
-
;
F-A
J-J
50
'
i_~
'
39
34
Paramount
Parmelee
39
12
"44%
67 ;
-
102 »/3 102%
I09i%
mtge 3%s series C
Corp;—
lst M s f gold 3s loan ctfs.
r
-
-
.42%
^7%
3%'slL—i. 1997^ ; '^"J-J
109% 111%
;'
1121/4
*
1938
Paramount Broadway
50
47% ':
V*3 34%
94%
50%
59%
109%
J-D
,
ext gold 4s„1938
§A2d ext gold 5s
75
94 '/a
50%
108
J-D
J-D
J-D
1964
1961
mtge 3%s series I___L_1966
mtge 3s series J——1970
M 3s series K__
.-—1.1971
''-'I
"
•
59% V
108% 110%
8
—
J-D
gold 5s_._—1946
lst
Co
Pennsylvania RR cons gold 4s
A-O
M-N
y
J-J
Pacific Tel & Tel 3%s series B____1966
-i
47
48%
48%
V, 5
*102 »/4
.J-J
M-S
M-N
M-S
J-J
mtge 3%s series H
§APac RR of Mo 1st
Secured
.7 *100
-
ref
-1st & ref
•
■
ref
7-7
49
•
76
72%
.
75%
10
7 72 774 %
•'iri-.-f.f *40
; f-*r" •
Otis Steel
"
69%
49%
e
54%
59%
49
A7'
46%
,7.45%
59 Va
J-J
•
45%
38
45%
7
J-J
1945
5s
lst
Oregon-Wash RR & Nav 4s
107% 109%
*30%
••
27%
78
38
7
J-J
J-J
J-J
J-J
120% 124%/
.
5
i
76 r : :7.
38
69
53
69%
67'
J-J
1946
Pacific
-2
106 V* 107
*33
•
7:7 —v: yi 27%
i
7;
101
92%
:75'/8
76%
106% 407
114
99
—
39%
*
•
J-D
117% 120%
77%
76
1041/4
119
112
7
—
—
65
■—
.,>69
Q-A
1943
lst gtd 5s
Guaranteed stpd cons 5s
:
4
108% 109 ::
94 %
registered———_l_li—-1998
i»
Q-J
1966
;
Transmission
r
A-O
•
e
7"
Q-F
Oregon RR. & Nav con gold 4s
1946
Ore Short Line lst cons gold 5s—1946
103 »/4
56%
50
124
76%
102
119
—
4
*99'/8
■'
Q-J
Ohio Edison 1st mtge
90
72
*75%
100% 103%
—.
:77
*111% 114
—
■777-- i7
A-O
Ohio Connecting Ry lst
56
5
118% 118%
"45% ; ^' 44%'
registered—
i.^_;-,l_1997
gold 3V2S———1998
/-■-
117% 119'/a
'/'•
•(
/ F-A
f————-_1946.s' A-O >
impt 4%s series Ai;—2013 ': * A-O
Lake Shore coll
-7:
■
10-year 3%s sec s
22%
'i§s~r
7
7-—
J§AOg & L Cham 1st gtd gold 4s_1948
4s
—1943
As———.—.1965
lst mtge 4s
1967
lst mtge 3%s
—1972
43%
102% 1041/4
'•
ii
L75%
62%
J-D
\ 118%
"M-N ■> ■
__:VT
F-A
A-O ' ' 109
J-J .
J-J
y.V'1'-- ;
* A-O
;.;'• 106%
J-D
; •
107 ^
- J-J ' , V; --
inc 5s_—-1935
For footnotes see page
101% 103%
O
87
y
100^
117% 117%
64
Newport & Cincinnati Bridge Co—
General gtd 4%s_—'
1945 '
N Y Central RR 4s-series Alil_iil998
3VaS
7'/a
109% 1111/4
,
>•>77 120
1964
103 % 1051/4
• -
47-:--t
•■•>.••.
103/ 103%
M-N
A Certificates-of -deposit—i—'•• •
Mich Cent coll
i 73%
*231/2
7,
A-O
,110%
•
62%
-
53
-
-
LA Certificates of deposit—
——
jjj *
•-—
40%-'42% v '
• series LB—- ——1954
A-O .
41r" '•
*38 'L-'Lfi' 'r-.'/i
J-fVi'-"^Certificates of deposit^-—-:
*26% 41%; .7
Alst 5s series C————1956
-• : F-A *.-' •• •
*-•-7^ 42% -"
',-r.ACertificates-of deposit-—
40
' 41' A
•'
:Alst 4%s series D—L——-1—1956
F-A
" '
..' r A Certificates, of" deposit---'———- %.v—IV >•
^
TV-7-" 42 7/: 42%
Lk Alst :.5%s series A—1
-—1—1954 ,»A-O""'''''-
Ir
.
*1021/4110
1944
Ontario
100%'
100
:
•
109'/a
3%
108% 109%
Power Co—
States
•'::•
.
Lr Alst; 5s
3%s
47,7
7
103
2047
4s
-
.-3%s
93%
108
7
5
-
125%
2047
106% 108 %
*
i
•
5%
1111/4 111'A
e'** r'
v
-
t
M-S
2047
111% 112
*i
v
15%
75'A
--
18%
9%
2
2.31/4
•
M-S
.
2047
31>/4
y;e;'*9
,e
'
J-D ;r:// f'v/. L—
gtd 41/2S series B
,——1961
Junction RR gtd lst 4s___~—1986
N J Pow & Light lst 4%s—1—-I960
New Orleans Great Nor 5s A-——1983
N O & N E lst ref & imp 4%s._»952
New Orl Pub Ser 1st 55 series A—1952
ist & ref 5s series B__—"i-——1955
New Orleans Term lst gtd 4s__—-1953
& Hud River
38
14%
109'/B
5i/8
77
2047
35 %.
22
33
•
104% 104%
100%
—-1945
secured 3'As
106%
29
7'
7
108% 108'%
-
77 *77-—7 7 7'*;--77
1997
91%
-54
,
:"/35%
64-/-U
/ *61
104%
*M-S
Lst
Cent
103
7
.
90
F-A
1997
'
38%
37%
/-
F-A
J-D
N J
Conv
13'/4
F-A
.1945
31%
;■ 82
•34%.
^
1945
N Y
2%
104i% 106
23
18
103% 106
33
■108% 108%
1948
&
7"7 l 1
7 •7
N
1954
•.
7%
4.8%
1091/4110%
1
33
12
•
UVA
7
.V 107% 112%
47
;
36%
«35%
-y 34%
M-N
1965
;
"
77"''
gold 5s (stamped can.
33'/4
109
*86Va-
>
J-D
1949
i
77
102% 103'A
'
i
O-A
1974
'
;
85
f 98% 104
6
;
'
1960
;
7
39%
105
*109
•7:
.1945
33%
C0%
4" " /
*/"••
v
100%
104 y8 104% /
:
J-D
1947
gtd 5s———1947
f§AN O Tex & Mex n-c
13
—
■
F-A
guaranteed gold 5s
32%
24%
108% 108%
.
V
J-J /■•■:■■■;:-
%
1978
v;
73
7'74%
7 7i%
17%
'^7—- 7V-
A-O
2047
21
27
43%
l
110 y8110%
■
J-D
•
"43
100
.
,
:
21
17
105 7
0
7.
J-J
1974
1%
21%
7v.5i
...
91%
90%
.m
'.. •
A-O
1965
j.
*[
A-O.
/
'JA
-
•/,-P- 100 Va
F-A
1966
1st & ref 3%sii—1966
1951
Tramways 5s ext.....—1951
2000
Essex 1st gtd 3%s_.-'—-2000
1955
m 5s series a
1955
1955
m 4%s series B—1955
1968
States T & T 3%s_——1968
91
•
M-S
L
.
.
••
81/4
41%
7.
*13
M-N
---•—
120
26%
26
25%
f'
■
3%
21%
1'%
32
7:
M-N
< :i
1% 74
24%
25%
25%
M-N
1938
,
7
61
15
290
41%
it 1041/4
.:7
1967
'
x
40%
6 'A
1%
1959
33
1%
1
—
1991
gtd gold 4s—1991
England Tel & Tel 5s
80
105
*
105
■
1996
Ontario Power N f
New
38
1091/21091/2
'
105
J-J
J-J
.1961
'
AConsol gtd 4s
43'A
5%
*39
7 ■
1998
33%
25%
~i
F-A
7
Power
Mutual Fuel Gas 1st
34%
23%
29
Ry Co—
4%s series A—...
mtge
32 ••;
25%
M-N
A-O
deposit—
debentures-^,-—-
6s
7.7
".
•'7
M-N
J-J
331/4
25 %
1
1966
r
36
19
211
371/4..:
5%
•V.
A-O
31%
2%
—
Monongahela Ry 3 Vis series B_r__1966
Monongahela W Penn Pub Serv
1960
>'■ 1st mtge 4 %S———1960
Montana
4%
31%
•
,d78%
.
;
M-S
33%
25%
M-N
—1949
1980
at 4<k ——i
Moh'k & Malone 1st
51
79%
,
a-o
—1966
22%
25%
25%
---
§ A Missouri Pacific Ry—
w-
49%
J-J
Northern
,
38%
4%
J-J
Telephone 3%s series B
35%
M-S
M-S
.
of deposit
of
31
321/4
•
31%
■
M-S
;
..1967
Y
33%
f-a
—.1978.
deposit
Alst & ref 5s series I—
A
26%
-
49%
J-D
gtd 4s___.1993
41
26%
—
ref gold 5s series H
Certificates
L
1954
33%
a-o
deposit
gold 5%s__-—
Alst &
A
of
"
7 33%
.] M-N
4%s—1937
gold 5s__
1940
.ATerminal lst gold 5s__._—__^_1943
lst
27
—
series G
/^Certificates
•
64
103%
100
43
M-N
gold
,/§AGeneral
66
J-J
——1965
——.1975
series F——
1977
ACertiflcates
59
54%
6
30%
0 J-D
El Lt & Pow 3%s___—1965
N Y Rys prior lien 6s stamp...
1958
N Y Steam Corp 1st 3%s__.1963
J § AN Y Susq & W 1st ref 5s
1937
Alst
AGeneral -4s—
Alst
28
30%
{Northern Ohio Ry—
Missouri Pacific RR Co— *
Alst & ref 5s series a
A Certificates
of deposit
56
29
^A-O
1955
lst
„
a—Jan 1967
5s series
62
39
54%
28
J-J
4s._I.1992
4s—.u
& Putnam
Norfolk Southern
J-J
J-J
1962
40-year 4s series B
1962
Prior lien 4%s series D—-1978
adjust
38%
80
52 %
'
Prior lien 5s series A
ACum
38%
J-D
-
60
103% 104%
10
26 «/4
1949
J-J
1st 5s__—1959
& Texas 1st 4s———1990
t A Missouri-Illinois RR
9
__
53%
102% 102%
102%
'
J-J
..1954
96% 100
30%
44%
100
79
52%
54%
2014
*98
78%
•
*100
111% 115
30%
Niag Lack & Ont Pow lst 5s a.!.1955
Niagara Share (Md) deb 5%s..'_..1950
6%
%
5
119%
13
26%
Niagara Falls Power 3%s—
141/4
3%
775'
%
108%
116
iy7. 7y.
14V2
9%
57
•12%
12%
106% 108%
107
i28
t§AN -Y West & Bost lst 4%s.___1946
14%
9%
9
M-N
N Y Queens
; 1%
9%
273
M-S
____»_1949
5%s__,
83
J-J
§A2d
93%
6%
17-
•
•
13
12%
•
A25-year
64
71
2
53
■
(
a-o
1927—1967
—
AGeneral
N
12%
60
1
"
'
6%
Lie 6%
1%
y. -. p \ :/v/2
—•'
%. :.
J-J
J-J
J-J
J-J
99% 101
13
107%
M-S
1948
1940
1957
—_
JAN Y Ont & West'ref gold
N Y
{Minn St Paul & Sault Ste Marie
1938
§ Alst consol 5s
——1938
,7:' § Alst stamped 5s gtd as to inti.1938
A 1st & ref 6s series A——
-1946
69%
107% 107%
79
:
;
1956
3%s
certificates
deb
I. lst 4s
.
*
§Alst cons 4s stamped—
83
$ A Harlem River & Port Chester—
68
32
33%y
*30
23%
-
/.
77
111% 111%
M-S
,
—1956
ADebenture
'
1949
6
63%
77
*116% 119%
J-J
1.—1955
deb
gACollateral
57%
38
j
1954
ADebenture
104%' 107 ,"•*
63
'''
.
99
107
M-N
,
;_1947
3V2s
*
/'■-
M-N
1934
93
62%
107%
M-N
M-N
:—1—1947
3%s
•AConv
96
,
J-J
19
•
' M-N
1.1943
5s
ANon-conv
55
10
■
1941
',14'-:.
•
•
'
1973
-—
Impt
4s
9
55
>
•
99%
96
J-D
_1973
series a
4s
deb
-'v 70
69
'*'
.16
.
M-S
1947
96%
f-a
1946
—2000
3%s_„
gold
W Dk &
&
'
1949
deb
65
4%--
—e-.ii:
V J_
105% 106 •
52%
'Pn'PL-rW-A 52
65
Jl65-
1963
58
11
100% 100 %
a-o
Pow gold 5s_—1948
deb
rvl05Va
41'.
,i
55%
55
„
A-O
ANon-conv
109% 111%
71
*95%
..
r
> A-O
1966
gold 4s
West
&
ANon-coriv
105%
>
8%
*61
■
i /M-N
•
202
62%
ANon^conv
7
79-
*67'
M-S
1952
100%
ANon-conv
i 90
103*
2
■*>
1951
a-o
—1965
-
Alst & ref 4%s series of
Michigan Central—
60%
99%
tN Y New Haven & Hartford RR—
1101
768%
15
104
8%
71
59 %
*F-A
3%s series E
ref
&
Lack
Y
v
110% 110%
D—__.il968
M-S
Merop Wat Sew & Drain 5i/2S__:._1950 ■>> a-o
t§AMet W Side El fChic) 4s.__—1938
F-A
Metrop Ed 1st 4'/as series
97
6 1
-•.'•
90
•-
104
J-J
___.1956
Y
N Y
30% 40%
98 7 100%
'
89%
.
62
Erie—See Erie RR
&
4%s series B
99%
99%
q-a
a-o
.
High
73%
99
1965
-1951
1947
—
——
notes
-
*98% 100 Li
a-o
Q-A
95
}§AN Y & Greenwood Lake 5s
53 %
43%
39
*27
a-o
'
1945
___1955
ext 5s___
McCrory Stores deb 3*/»
McKesson & Robbins 3'/2s
>2
N
7>,;.7
J-J
7s series a—Apr 1940
St Ry
46%
89
-
95
Dock
lst
r46': 55%
47>
46%
67
—
§ A Market
46%
M-S
6s—-1947
f
s
4G%
7Y M-N
' : •
J-D
*—1950
Connecting RR 3%s a
N Y Edison.3%s
79 >: 85%
6
84%
1953
;
99%
;
Purchase money
15
83%
1959.
5s
(South Lines)- 4s_
a-o
Y
77 108% 111%
1
109
109
83'/a
77 J-D
1
M-N
60
to——1947
Y
N
J-D
1945
mtge 4'/2S series A__
____1960
Sugar 4s sink fund—Feb 1 1957
73
C
Conv 5 Vo
<
M
Manati
Low
No.
High
;.• 72%
a-o
M-S
1974
N Y Gas El Lt H &
Maine Central RR 4s series A
Low
Range Since
January 1
Sold
,110%
89%
90
109
series
Bonds
St Louis—
a
4%s
•
.
105 ;»'•
101
79
*65%
series
debentures
6s
80%" 86%
:v
5%s
'
Week's Range
or Friday's
Last
Sale Price Bid & Asked
Period
' '
•
mtge 3%s extended
lst
4
.>
<107% 107%
••I'*—
Ref
93%
3
104 V4 104%
■»
98
■
Friday
Interest
Exchange
" •:
•
York Chicago &
Ref
87
?
•'
'.
'
.
90%
31
>
*104% 104%
M-N
4s——L—1955
A
Stock
York
Week Ended June 19
-*i
99% 104%
87 Vi
<■86
80%
7
91%
90 %
7
104 Va
M-S
M-S
J-J
St Louis Div 2d gold 3s—.
,
Low
No.
High
New
••
•
1
January
New
F-A
& Mem
Range Since
V
Sold
100
100
100
J-J
J-J
1950
Unif mtge
Bonds
Friday's
Sale Price Bid & Asked
,.>7 :7:>7y
2003
®
A-O
2003
A-O
2003
A-O
2003
A-O
& Nashville RR—
Louisville
BONDS
Week's Range
Friday
y>:>7>v '•
'•
Exchange
Week Ended June 1!)
2347
68
108% 111
109
89%
111
94%
16
119
122
52
101
105
44
107% 111 %
THE COMMERCIAL & FINANCIAL CHRONICLE
2348
Interest
Last
Period
Exchange
Stock
Sale Price
Week Ended June 1!)
•
.
••
y
■
Week's Range
Friday
BONDS
York
New
\
Bid & Asked
;•
Low
V
t:"
BONDS
Bonds
Friday's
or
January
No.
High
New
Range Since
Sold
Low
86 %
Stock
Friday
Interest
Exchange
Period
;
Low
93%
1970
A-O
88%
87%
88%
,
1981
A-O
96%
96%
97%
7V-'
46
96'/4 100%
1984
J-J
97
98%
32
97
86%
87%
124
Bell
Tel
Tel
St
;
1962
3%s
debentures
mtge 4 "As series E
Gen
—1952
3Vis
deb
Conv
A-O
1947
M-S
.:_1960
A-O
Apr 1990
1974
Apr
F-A
1956
J-J
Peoples Gas L & C ref 5s
Peoria
4s
Alncome
Peoria
Pere
4s ext—
Eastern
&
Union Ry 5 "As
Pekin
&
1st series A 5s
Marquette
867/a
*111
Colo
Power
6s
J-J
J-D
*103
Phila
55
.1949
55
533A
54
49%
49%
50%
'•
5s
General
gold
Philadelphia
*106'A
7"/a
.1968
M-S
47%
48%
M-N
47%
47%
48 %
207
74
.1981
M-N
47%
47%
48
189
477a
637/a
71
66
63%
55%
56%
21
55%
64 "/4
.1946
J-J
83
83
84%
55%
56%
77
55%
64 %
.1950
A-O
83
82
83 '/a
M-N
J-D
1st
ref
&
Certificates
A
J-J
89
120
.1956
A-O
63%
108
112
.1956
A-O
833A
.','•5:
109
26
107% 109%
.1956
A-O
95%
27
90% 105%
.1996
J-J
110%
110% 110%
8
109% 111%
.1951
J-J
102
102
.1964
J-D
.1968
61 7»
94%
29%
9
J-J
1942
93/a
M-N
24
5
30%
10 r
1st &
ref
3s
series
C.
1%
3
2%
2%
.1966
97% 102%
.1961
9
3
--
M-N
1945
E 3Vis gtd gold
1949
F 4s guaranteed gold
1953
G 4s guaranteed
1957
H cons guaranteed 4s____1960
170
284
30
- -
27/a
J-J
16
99% 100
A
88
.
C
4Vis
•
82%
I.—
Series
D
4s
Series
Series
Series
Series
Series I
Gen
Si;
,
F-A
.'
:
•
\
Pitts Coke & Iron
Steel
Pitts
1st
1st
mtge 4Vis
Pitts
Va
1st 4s
Char
&
gtd
104'A
J-D
1st
mtge 4 Vis series B
1st
mtge 4Vis series C
Young & Ash
Pitts
1st
_
1st 4s ser
1st
gen
1st
4Vis series D
series C
5s
Portland
;
3
118
106%
7
Tenn Assn
Gen
26
100%
10
El
1st
Pwr
M-S
96%
96%
1
97%
98%
17
J-D
97%
J-D
V:/'''
F-A
57
ref
&
&
5s
mtge
J-D
.
J-D
56
23
57%
86%
.
__
84
J-J
i'V
J-J
''
'•V-v.'V'-ili
&
88'/2
'
O
N
:
:
gold 5s
com
ref
&
A-O
144%
-
3
*220
109%
J-J
3
6
*107
F-A
"
1943
59%
56
58'A
70 %
58
59%
51
58
69%
58%
60
22
58%
69
1964
M-S
103
1
series
B_„
Ave
Ry 1st ref 4s
income 5s
St
W Va
—I960
•
i;
&
Ohio
Gas
1st
Buff
&
4s_—
4s series
J-J
A-O
•
87
1971
103
—
105
1945
Oil
of
Pacific
&■ land
j.-.''" /-V
75%
75%
4
75
82
1956
A J-J
6
97 % 101
•'.1
100% 100%
(Chic) 5s
Calif 3s deb
1967
Ref
97
mtge 3%s series A__
United Biscuit
A-O
M-S
M-N
99%
25
98
100%
39
53%
39
53% :
12
267a
Gen
Gen
64
21 %
y
.
1
•
'
V-
1.25s
109% 109%
;V
M-S
*107
-
t ARut-Canadian 4s stpd—;
—1949
ISARutland RR 4Vis stamped——1941
M-S
107 3A
13
v
10 %
8
J-J
*53A
— -
J-J
7
*•—
7
7
7
•
4%
V
11
m
^
-
Q
94
93
1st 4s——1947
J-J
J.—
*106
Adir 1st gold 5s_——_1996
J-J
Island
Jos & Grand
St
St
Lawr &
2d
St
gold 6s
Mtn &
of
1st
'
Pub Serv
St
L
1955
1 J-J
J-J
Rocky Mt Si P 5s stpd—.
mtge 5s_
series
5s
of
M 4Vis
ACons
A 1st
A 2d
4s
B__
1950
88%
8
79
89
S
38
55
66
10%
16%
11
16%
-
certificates
66
11%
12%
286
12
12%
78
13
13 3A
12% -13'/a
-.—1989
Nov 1989
dl27a
•
11%
216
11%
48
12%
21%
J-J
22%
76
57
76
51
29%
Paul Si Duluth
1st
cons
gold 4s_1968
S
Paul
&
A
Union
Depot 3Vt>s B_—1971
1st
Ar Pass
1st 5s
1942
Schenley Distillers 4s s f deb
Scioto
V &
tSeaboard
§ A 1st
N
1st
cons
'
'
-
8%
84
25
9
;
•'/
i-
*100'/2
7%
4
12%
6
99 % 101
101} I 101%
—
102% 102%
Li
34
A-O
147a
12s/o
1%
137a
14
'
.
42
,17%
10%
series
Union
B
1945
M-~S
—1933
M-S
A
17a
26
1
2%
67/a
11
43A
97a
7'A
15
4
s
cons g 4s
f 4s series B
Va
Iron Coal
Va
2"/2s
debs
1935
F-A
1935
F-A
1954
J-J
23/4S sinking fund debentures——1961
-
83A
'
183
7%
77a
56
22%
2
8%
57a
5%
15
1941
6%
96%
97
*977/a
A-O
Skelly Oil 3s debentures
1950
F-A
Socony-Vacuum Oil 3s debs_i
1964
J-J
South & Nor Ala
RR
gtd 5s—1963
For footnotes see page
2349.'
A-O
32
99%
100 % 102
101%
100% 101%
100% 101 %
*101
A-O
—1944
;
*
,
-
A-O
F-A
100% 103
"
*102
M-N
.
1951
100% 103%
94%
95%
96%
96%
96%
17
93
96%
96%
97
48
93% 101%
—
F-A
1957
1st
&
Coke
1st
*108%
8
91%
97%
102
—
—
109% 109%
M-S
gold 5s__1949
1st gtd 5s._
2003
•
:
Virginian Ry 3%s series A—
75%
M-S
.—1958
5s___—
cons
*108%
M-N
series A—.1955
"
3
Jf-S
107%
1
917/a
""
70 Va
"5
106% 107%
35
70
A-O
75%
"
*—
J-J
1966
109 %
69
110%
75%
91
94
70
75
'
105% 109
w
fWabash RR Co—
§ A 1st gold 5s—
•
A
Ctfs
§A2d
of
gold
A Ctfs
of
3%
95%
977/a
977a
99%
32
37
4
35
997j 100%
104% 105%
♦1217a
13
13
4
34
—
•
(reorg mgr)
term
4s
88
78
88%
37%
38%
33
34%
44%
—
*68%
——
67%
71%
deposit (reorg mgr)—1941
*91%
95
89
93%
35%
35%
35%
40%
29
29'
27
33%
80%
84
8%
ADes
8%
deposit (reorg mgr)__1939
1st gold 3%s—1941
A Ctfs of deposit (reorg mgr)
AToledo & Chic Div gold 4s—
• / A Ctfs of deposit (reorg mgr)„1941
Moines
Div
1st
4s—
A Ctfs of
Div
1st
104% 106
-
AGen mtge 4s inc series A w i___ 1981
mtge 4s series A w i
AGen
79
30
,1954
100% 103'A
993A 103
—
87 %
85%
-
AOmaha
;
84%
1939
deposit
gold
-
85
38%
(reorg mgr).——
A Ctfs of deposit (reorg mgr)
§ A Detroit & Chic ext 1st 5s—
lien
*85
M-N
,1939
—
deposit
5s—
A 1st
15
7
102 % 102%
105
101
M-N
10%
63
99
*6
F-A
1952
debentures 4s_—
101
101
1 1954
11
27
1
f§ASilesian-Am Corp coll tr 7s
Simmons
Co
7%
6%
963A
J-J
:
'
& Southwest
8
■
22%
8%
77a
certificates—
Oil
M-N
*100
Va Elec & Pwr 3%s series B——1968.
17%
17a
6%
5%
deposit
101 %
100 Va 102
M-N
123% 125
137a
F-A
A-O
101%
100
100%
*100
M-N
v
100
*100
101% 103
1
*12%
deposit
fASeaboard All Fla 6s A ctfs
A 6s
'
——————-May 1 1955
A Ctfs of
Shell
1 1953
—Nov
"
t§AAtl & Birm 1st gtd 4s
1 1953
100% 101 %
102%
100
100
-^„May 1 1954
Vaiidalia RR
101% 103 %
'123% 123 3A
"""
.' V. •
.'
—
100% 100 %
■
2%
'i;'
3'
*102% 103%
— —
A-O
1950
of
of
"
Oct 1949
—
series
6s
ACertificates
'
—1959
5s.;
ACertificates
M-S
M-N
-
May
I—
100
100%
100% 101
101
*101
f
M-N
- •
§ ARefunding 4s_
A 1st
M-S
1950
-
stamped
Adjustment
J-J
1989
'
8%
A-O
-
•
*1%
F-A
•
—1952
gtd 4s„
gold 4s unstamped
§ A4s gold
A
E
Air Line Ry—
*77
M-N
100% 101%
101
101
;
*100
M-N
M-N
•
1 1952
..Nov
—
100% 100%
*100
*100
82%
Cons
J-D
J-J
gtd gold 4s„—1943
Phen
Santa Fe Pres &
•
•
1007/a
100%
-
15%
100
101
%
31
:
fASt Paul E Gr Trk 1st 4Vis—1947
f§ASt P & K C Sh L gtd 4Vis
1941
M-N
M-N
Utah Power & Light 1st 5s-*-i,-_-1944
22
-
Nov
United Stockyards 4%s w w_
Utah Lt & Trac 1st & ref 5s
4
43
100% 100%
M-N
11951
Nov
2.60s
47
-69% ' ;
69
41%
11949
11950
"
21
-70%
78
69
102%
101
-
100*
--May 1 1952
2.55s,
17%
100% 101
*101
*100
100% 101%
2.40s
17%
ioi%
M-N
*100
-
2.65s
100% 100%
M-N
—..——May 11951
2.30s
18%
100% 101%
•
2.35s
17%
<
M-N^
:
v
May 1 1950
2.50s
11%
*100
100% 100%
100%
*100
M-N
100%
*100% 101
---—Nov
2.45s
31
*100
100 % 100%
M-N
•
117
14
'f'"
J-J
'
14'/2
78%
J-J
-
dl27/a
13%
M-N
1952
-
13%
,3
bond ctfs_-__1
65
12%
M-S
ref gold 5s series A——1990
&
39%
45%
12%
--
J-J
1978
§ A 1st term & unifying 5s„—
A Gen
75
•
deposit
series A—
bond
4s inc
75
33
88
«...
•
ACertificates of deposit stpd
Louis-Southwestern Ry—
tSt
67%
69%
13%
$ASt L-Sah Fr pr lien 4s A
ACertificates of deposit.
lien
M-S
63
v;- ';6
*100
M-N
100% 100%
101
-
-
—
2.25s
717a
71 "/a
*_,
——
*100
11948
"•
-——--Nov
2.15s
100% 100%
*100%
-T"
100
100% 100'%
—May 1 1949
2.20s
71
J-J
1950
L
ACertificates
85
71
-i-
1948
—1959
St
APrior
M-N
1933
deposit
fASt L Peor Si N W 1st gtd 5s
i-Nov
-
M-N
1
,
100
*100%
c
M-N
--May 1 1948
2.10s
60
55
M-N
'•
1 1947
--NOV
—
-2.05s :•
107%
106
62 %
96%
Southern—
AJRiv & G Div 1st gold 4s
ACertificates
91%
.107
*55
—
21
94%
*_,
'
A-O
———1996
—
Iron
Louis
1966
*100%
.
-.May 1 1947
—
2.00s
V
A-O
Saguenay Pwr Ltd 1st M 4'As
*100%
1 1946
Nov
—1
-
104% 105
—
*100
M-N
-
1/75S, -i—iiMay 11946
—
77%
97%
♦99%
M-N
1.90s
69
90%
M-N
M-N
1.95s
•
10
83
M-N
..May 1 1944
Nov
J
77
94%
•
1 1944
1.85s
-•
77
-
.
——„_A
1.80s
'
O
1 1942
Nov
L-May 1 1943 '
——NOV 11943
——————..May 1 1945
1.625s ——U1
—-i-Nov 1 1945
7%
» "
99
93%
933'8
M-S
•
104%
"
1.50s
16
•
L
1944
'
1.375s
106% 107 %
13
99
95%
Corp—
.875s
-1.125S ,*
-
M-S
1934
1st 4%s
Steel
debentures
l.OOsr
.<
■
109% 109% :
•
f § AR I Ark & Louis
Canal gen 4s.
States
Serial
■
*
•
N J RR &
United
95%
103% 107
1952
U
108% 111
13
United Cigar-Whelan
Stores 5s
96 Va
104
United Drug Co (Del) 5s—i———1953
6
11%
97'A
104
104%
99%
96
A-O
—1955
104% 106%
52
5
102 % 105%
101
45%
-
17
13
100% 104%
97
-
102% 103
86
.
:
1C'2%
105%
21
.-''•La-1
J-D
:
101% 1013A
21
'
6
52
105
t.'
1117a
88%
191%
99% 102%
40
101%
48
•
,
108
-95%
105
'.
2
13
109% 109%
*95%
96%
M-N
.
106%
'.*«•
•.«
.97
109%
M-N
A-O
105
A-O
Gen mtge
M-S
1
—
105
M-N
.
1980
3%s debs...
J-J
•
-
1971
,
Purchase money 1st M conv 5 Vis 1954
M-S
100
817a
RR—
grant 4s^s.——1947
3%s deb_——_1970
35-year 3%s deb.
V
J-J
101"/a 1017a
1949
~2
100% 100%
101%
_1977
——1967
—1967
1969
90%
100
*8
F-A
F-A
coll trust 4s A_
183A
987a 101%
82%
109% 109%
A-O
.
1959
debentures—
J-J
&
I
U
1997
33As series H
mtge 3Vis series I
mtge 3'As series J
>
57 "A
12
130
;
G
*116%
M-N
& ref 4Vis series
cons
47%
81
105
Union Electric Co of Mo 3%S—
Gen
A 1st
57
v -
108% 109%
1st
Gen mtge
102% 104 %
87
100
M-S
216
216
34-year
Roch Gas & El 4Vis series D^
98%
86'/a
100
J-D
144 % 144%
6
82%
-
147a
98%
S
M-S
J-J
Union
St
137s
'
50%
*—
A-O
1953
conv
49%
133A
J-D
1st
deb A
'
A:-
1950
gold 4s„1946
& Elec 1st gold 5s
1949
Corp 5s
49%
1942
C
.103
J-J
ref & impt 3%s„1960
Louis & West
Ham
3s
99%
997a 102'A
58%
Union
45%
997a 101%
%
108% 110%
...
104%
*48
7
1057a
58%
76%
J-D
99%
104
58'A
67%
J-J
15
99'/a
92 %
104% 1053A
•
59
74 "/8
1960
35
J-D
20
gold 4s—1939
33
A-O
41
gtd 5s—1939
1057a
A-O
757a
"As
103
86%
1980
Tri-Cont
4
"
—
11074
101
3
100 % 100 %
J-D
109
:.
1043/4 1057a
J-J
2000
7
—1979
75V4
1st
12
86%-;
-105
122
107 % 108'A
'110% 11074
„
.—1977
74%
1st
i;
120
i*«*
C
74%
Grande West
108
p
D
74%
'<
122
series
Trenton
yf.
100 %
.
.-•/v
*120
series
5s
Toronto
7%
--2
222%
*104
V-'/'.'-'i
5s
Tol
80
80
109% 109 %
—
f
5s
.75%.
i§ARio
1013/4 103
ref
Tol
95%
88
—
144% 144%
J-D
t§ARio Grande June
10774 110
1003A 103'/a
ref
J-J
Revere Copper Si Brass 3
1033/a 1057a
10
p./;/ 1
&
Tol & Ohio Cent
87
107% 108%
109 3A 109 %
«...
j-j
_1956
25
102
105 %
&
Third
105% 107%
—
*83 7a
■'<
"i
».
J-J
—1953
;
Tex Pac Mo Pac Ter 5%s A
120
78%
90
'■
*4%
-v;
gold 4s
Pacific 1st gold 5s
A-O
4Vis series C
40 3/4
103
f 101% 102
'
J-J
AAdj
Jan 1960
SAThird Ave RR ..1st gold 5s_——1937'
._
88
T
u-y
1944
5s
cons
i
't
fSAUnion Elec Ry
■; r.
J-J
Republic Steel Corp 4 Vis series B—1961
33%
100% 102%
25
1037/b 104'/2
105'A
;
St
r-
104% 107
1
1083A 108 3/4
1057a
1997
deb 3Vis_—
3
1033/4 104%
102
1093A 111'/a
8
34'A
M-N
1951
Remington Rand
13
106%
A-O
& ref 4 Vis series A„
B__
86%
Gen
__
86%
*10778
■
1st
f
s
Company 3s deb
Gen
Reading Co Jersey Cent coll 4s
i
80%
Gen
108
119
..
121
*1053/a
— -
R
•
M-N
;
1087»
V; 102
—1951
debentures
Gen
--
J-J
1948
Purity Bakeries s 1 deb 5s—;
4
1965
64 Va
107
*101
'
■
■M-S
1968
8s__—
Public Service of Nor 111 3Vis
82%
1959
64%
>
2037
2037
—
ref mtge
84%
102'/2 102%
64%
56%
*99%
M-N
1st
797a
*__
Texas
2
*108
M-S
1st
1
98%
5
57
"W—
4s___——1956
Public Service El & Gas 3 "As——1968
79-%
F-A
Vmmm
J-D
% A Providence Terminal
923/4
88%
-79%
J-J
3s
97% 100
97%
563/a
563/a
t A Providence Securities 4s——1957
83
1950
104%
97
56%- 57%
A-O
1951
Pressed Steel Car deb 5s
M-N
impt mtge 3%s series B—1974
Texas &
■
Si RR gen 5s
St L
refund
Ref &
99 % 103
97%
;
M-N
1966
3"As
M
49
Texarkana & Ft Smith 5%s A.;
104% 108%
'
Potomac
78%
Texas
104% 105%
100
1960
33
88
-34'A
104%
J-J
>• :
Tenn Coal Iron
105% 109
1043/4
1950
4Vis
1st
121%
118%
106
100
1962
1974
—1977
.
Elec
Gen
121
118
118
A-O
5s extended to
1st
112%
118
'
- ,
J-D
5s series B___
gen
69
84
111 %
—-
J-J
1958
J-J
112
110
111
■
A-O
1959
1960
A—1948
1st 4Vis series A
Pitts & W Va
111
''*•<*
*118%
M-N
1950
;—1943
92%
607a
■
...
..
*111'A 113 %
*111% 113%
J-D
1950
:
mtge 4Vis series B
70%
88%
——
t
1952
4Vis A
conv
•
♦Ill
j
'
1977
—
87%
617a
94
.
-'
F-A
:
..
172
*101'A 1017a
'.* ;•
.1961
105% 106%
y
F-A
,,,1975
:
4Vis series C
Gen
F-A
—__1970
Gen mtge 5s series B
II
*106
M-N
guaranteed 4Vis—.1964
cons
mtge 5s series A
863/4
115
63%
106
,
.1956
102% 10231
J-D
,
1963
4 Vis
cons
J
Series
guaranteed
89%
82%
1107a 111
v
.1945
guaranteed
56%
80%
18
827a
v
.1953
Pittsburgh Cine Chi & St Louis—
Series
57
567a
47
99% 102%
10
102
29
•9%
M-S
*1%
debs__
114
/
90-
833A
Apr
'
95%
•
:;v
63%
88 3A
63
>
J-J
.2013
•
1951
IVis
Petrol
Phillips
62
.1994
115
3
107% 107 3/<
J-D
1937
1st s f 4s
of deposit-
}§APhilippine Ry
47%
47%
Z,
'
J-J
—1949
—i
6s_
V'
M-S
1971
1973
2Vis—
mtge
AConv deb
109
J-J
J-J
103% 105%
'
t A Phila & Read C & I ref 5s
58
104% 108
18
;
116% 116%
J-D
1961
103% 1037a
'
,V
J-J
38
105'/a 105%
"
103 7/a
F-A
1st & ref 3 Vis-—__1967
Electric
Phila
/
60
49%
128
647a
50
181
.1969
3%
—
55%
coll tr 4Vis
50%
12
55%
1981
Co
157
M-S
1977
105%
*
"v:;''
65%
series C
series D___;
4%s
4Vis
General
56
M-S
47
J-J
—^_1974
B—
series
General
deb
1st gold 4s
& Wash
Bait
102
Southern Pacifio Co-—
89
.1955
Phelps Dodge conv 3%s
103% 106%
—
1943
gold 4%s series C
13
v
104
1956
4s
High
106% 107%
.1977
37
<•:
January 1.
Low
„
1980
1952
series B—
1st
1st
^
..
No.
106% 107%
5
Range Since
Sold
105% 105%
1947
A—
110% 113'/a
~3
41
*4%
Southern
Bonds
High
*"107%
A-O
J-J
*
'
<
100%
81%
__/.V
4:0V*
■
3s
—1979
1949
General 4Vis series D
Week's Range
Last
or Friday's
Sale Price Bid & Asked
High
56
York
Week Ended June 19
t
South
Pennsylvania RR (Continued)—
Debenture gold 4%s
Monday, June 22, 1942
mtge inc 4%s ser B
*81%
i__1991
-
J-J
*
77%
77%
78%
J-J
1971
w
84
42
40%
43
104
40%
50
J-J
34
32%
35%
294
32%
397/a
117
75
80%
_
Number 4083
.Volume 155
BOND RECORD
NEW YORK
Stock
Interest
Exchange
Last
Low
5s series B
ACtfs of deposit (assented)
gen
ARef & gen
of
ACtfs
.ARef
&
ACtfs
Walworth
1st
Co
V'
4
A-O
.1955
26
24
28
Wheeling & Lake Erie RR 4s
35
22%
26%
Wheeling Steel 1st 3Vis series B
25
10
22%
26%
Wilson &
22"%
27%
Conv
100.;'!
.99
100
100
62
95
ms
105
105
106
90
81
106
105 Vi
105% 105%
96
1st 40-year
guaranteed 4s
5s stpd gtd_
mtge 3 (4a
_
Q-M
_1945
—
Westchester Ltg
*—
F-A
.1945
"99%
J-D
_
—•
1st
119
mtge 3 Vis series I
Western
1st
Maryland
&
ref 5 Vis
West N Y •& Pa
9
107% no
4
110
tAWestern
A 5s
Pacific
A-O
-1977
J-J' r
gold
5s_
44
85%
91%
96% 102
\ '
104%
102
9
25 V2
25(4
26
25
20%
32%
25 Vb
25%
26%
15
20%
32%
Af-N
79(4
79%
80(4
32
79%
84
J-D
81%
81%
83%
30
81%
88
Af-S
78%
78
79%
82
78
85%
M-N
--
101% 101%
10
iH o o
101%
/
1951
30-year 5s
Westinghouse El & Mfg 2l/8s
——
—
.
'
1951
S;!
114
__
40(4
36
38 Vi
341/4
1
32%
30%
114
1968
A-0
3V4S
1971
1st 4Vis
1943
109
J-J
J-J
—
—
37
14
:
35
9
-
34
108% 110
108%
105
*106 % 107
*12
45%
9
22
109
50%
37%
372
33(4
30
deposit
12%
—
v
iy ■
:
;
12%
102% 102(4
ms
1948
Deferred
a
•
not
n
-
M-N
17
101
102%
99%
9
99
100%
991/2-
a
included in the year's range,
d Ex-interest,
e Odd-lot sale not
Under-the-rule sale not included in the year's range, r Cash sale
the year's range.
included in
not
sale
delivery
the year's range,
in
included
'
Af-S
_
'
39%
38%
.
Af-N
f 3%s series D——I960
1st mtge s
84
-
8
96% 97(4
102
102%
Af-S
__
mim
■
40(4
-i-
Conv deb 4s
1946
'■
95
104% 106%
100% 1031/8
111%
5s ser A__ _1946
1st
90%
18
28
Youngstown Sheet & Tube—
;
A-O
Teleg gold 4(4S—- -1950
Union
25-year
'
111
84%
.
96(4
102 Va
of
Public Service
fAWor & Conn East
u -1943
gold 4s
assented—4_
Western
108% 110
85(4
_1952
1st -4s
series A
gen
deposit--
Wisconsin Elec Power 3%s
107% 109
111
1st 4s
of
A Certificates
!
121%
2
J-J
-1966
J-J
35
93
102 Va 102%
—
—
25
J'r
•
47%
111% 114
0
84
120% 120%
Af-S
1963
50
39
104% 105%
.
.
J-J
1949
92 %
92%
105%
A-O
§ASu & Du div & term 1st 4s_„1936
40
-
West Penn Power 1st 5s E—.'-4-
39%
102% 104
104
111% 112%
111%
J-J
"
1960
4s
18
1
High
104% 105%
•
.107% 108%
J-D ~
-1967
—
31
69 T4
89
*103(4 105(4
F-A
1950
MM
36
*80
...
.1948
v
Wisconsin
F-A
gold 3%s_ _2000
5 /;•
1st
B
& Certificates
105%
i
.
S
69
40%
*103
•
ms
iif-S
1955
„_1947
t A Wisconsin Central
101
•
1
Low
"
100
,
-
Washington Central Ry 1st 4s
Washington Term 1st gtd 3(4s
Gen
Winston-Salem
.
88%
100
A-O
.1941
Deposit receipts——
ref gtd
83%
ms :
1948
}§ A Warren Bros Co deb 6s
RR 1st
23
17
25
86%
■
Warren
28
12
24 V4
;< v
86
'
1966
3%
deb
January
No.
41%
39 %
p. 39
■
Range Sinoe
Sold
High
'
J-D
—1949
1st M 4s A
Co
39
Bonds
Friday's
or
Bid & Asked
39%
J-J
J-J
2361
1954
Pulp & Paper 3s
24%
101
1955
_
debs
6s
Registered
West Va
'
_
Warner Bros Pict
27%
25%
86
•
'■
mm w
28%
*24(4
•
—
1st 4s guaranteed—_..2361
West Shore
28
24
23%
*,
A-O
.1980
Sale Price
Low
23%
i
V
Last
Period
High
24
V;.'.-
Week's Range
Friday
Interest
Exchange
24%
J
MM
25
—
mtge 4s„
debentures
6s
A'O
.1978
(assented)
gen 5s series D
of deposit (assented)
T-
•
—
4(4s series C
deposit
,*
Stock
Week Ended June 1!)
23(4
1
12 V
26%
26(4
26%
F-A
1976
Low
No.
25
24%
»25%
V#.;
—
ARef
I
High
25
Jlf-S.
t A Wabash Ry ref & gen 5 (4 s A— -1975
ACtfs of deposit (assented)
Sold
York
New
Range Since
January 1
Bonds
Sale Price Bid & Asked
Period
Week Ended June I!)
BONDS
Week's Range
or Friday's
Friday
BONDS
New York
>
2349
THE COMMERCIAL & FINANCIAL CHRONICLE
"
.
.
impaired by maturity. ' tThe price represented is the dollar quotation per 200Accrued interest payable at the exchange rate of $4.8484.
§ Negotiability
pound unit of bonds.
JCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 of
securities assumed by such companies.
the Bankruptcy Act, or
""Friday's bid and asked price.
ABonds selling flat.
No sales transacted during current week.
'
,
NEW YORK CURB EXCHANGE
WEEKLY
RECORD
YEARLY
AND
<r.
in
the
In
^
deferred
and
in
footnote
a
list
extensive
following
tended to include every security, whether
STOCKS
•
Wire
Acme
T
'.:v:,
••
•
Co
STOCKS
Sales
Week's
Range
",tfor Week
of Prices
"Shares
Sale Price
Low
Par
'•••
Supply Mfg class A
Class
1
:
Air
Inc
Associates
Aircraft
Access
(N J)
Corp
;
Investors
common.
Convertible
.:
5
51/2 Mar
Jan
5% Mar
Atlantic
Coast
Fisheries—
4%
Jun
8%
Jan
1%
Jan
Atlantic
Coast
Line
1% Jan
Atlantic
Rayon
1%
'
100
\l May
20
—10
Power
$6
90
•
preferred—
Investment
*
—*
__ii
«
•99
—*
■
73
80
;94
(Mich)———
Products
Class
A
Altorfer
common—
conv
Bros.common—
•*
6%
100
22
89%
89
90%
Ltd
Aluminium
6Yo
common
100
preferred.—
American Beverage common-
Book
American
Co._.
Board
-Box
American
Co. common
Central
American
101%
22%
.
12
22 Vi
—,
Machine—.—
Voting
Fork & Hoe
(B Fl
Avery
6'7o
& Sons common...:..
preferred
Gas
American
Axton-Fisher
Jan
Collieries——l—
6 r/o
—
—
mm
.
m
1
m
..mm
mm
Jan
101%
American
Mfg
Co
%
(4
Maracaibo
American
Co
—
Meter Co
American
Potash
American
-.
Chemical—;
&
Republics
American
Seal-Kap
American
common
Superpower Corp
8%
.
4(4
800
•
34
•>
mm
—
Jan;
American
American
Writing
Anchor
Post
*
—
mm
convertible
Paper
common
Jun
"
mm
■
mm
mm.
1
•
•
/
-•••
95
95
96%
Beech Aircraft
13
Jan
A
Bellanca
% Jan
i
Bell Tel
Appalachian
"
A
Common
41%
Jan
class
A
preferred-
.*
non-voting———*
25
28%
mm'
28%
—
—
'
'
m—
19%
19%
Art Metal Works common
Ashland
Oil
&
Refining
Associated Breweries
Associated
Electric
Co
of Canada—:
5
1
*
American
dep rects reg
-Class A
-
:
10
mm
mm
'
mm
———*
preferred
Associated Laundries
of America
For footnotes see page
2354.
*
3%
-
3%
Feb
Jan
14
May
35
4
Apr
5
Jun
28(4
Jan
.2%. Jun
a
—
Jan
19
25
,
—
4%
Jail
4%
V
4%
»
Bliss
Blue Ridge
Jan
22
Apr
Apr
Mar
.
Feb
Jan
■
Tic
Jan
.
3
'£
May
6%
Apr
.
Jan
.2%
Jan
,
700
2%
Jan
3(4 Jun !
100
100
.2(4
p 2
—
97
Jan
/
...
,.
100
8%
8(4
96%
97%
240
%
%
Apr
1
Va Mar
Apr
1(4
Apr
7% May
76
mm
100
Mar
'y;\
&
~
Piii-P A":
Class
Jan
Jan
8
Feb
Am
Jun
5%
Jan
Jan
4%
''S'-:..'
-m
32
__
600
'16
——
.
Feb
Mar
34
Jun
34
Jun
Jun
B
-
-
Jun
Jun
8
Jan
2%
mm
100
Apr
5
Jan
10
30%
& Feb
27
Jan
3
wm
mm
6%
5
,
.
Jun
Mar
34
Mar
Jan
•6% Jan
5 % May
j'e
May
(4
'
"l% ~1VA
Jan
3
42
;
.
2
Jan
200
1V4 May
i3g
3
16
100
Jun
i5e
Jan
Jan
7%
Jun
"
7%
7%
7%
300
4%
7% V 7%
4%
4%
4%
1,600
'..
r-
% May
Feb
Feb
30%
■
200
6%
35
1% Mar
80
'
mm
1/2
'.■•.
•
Jan
33 May
500
,
41%
16%
Mar
4
200
■
Vv
10% Apr
100
i3e
30%
*
-
38%
6
r.-
1
7
Feb
10(4 Mar
May
19
Jun
8(4
Jan
May
4(4
2,400
--
.
?
20 Vi
Jtn
.
—1,
—•—
*
100
A
——
_
.L
11(4
ir<;
30%
25
1
Jan
Jan
Feb
38(4
mm
'
'
11%
~3
_
%
9
mm
mm
40
*
'
:
•
*
Machine
class
mm
100
I——
*
100
mm
'
'
'
mm'
52
mm
i36
i-
mm
—
43
~
A
—
*
*
Oil Co
60
J an
1%
100
2%.
2%
2(4
1% Jan
'
mm
Jan
,
May
Feb
14% Jan
31%
Jan
13% Jan
Mar
10
Jan
i«
55%
.<
May
30(4 Jun
mm
mm
Feb
Apr
3%
Jun
12% May
*
common
American
Am
V-'
m—
...
_
American
British
87%
6%
Tobacco—
—
.
.
;.
—
•
»
/.
Jan
13
Jan
2% Mar
-
'1,
*
Mfg Co
British
3%
■'
mm
*
preferred
Brillo
4%
" -tv- •:
■
common..
'
*
*
Corp
Jan
%
7: •>«;
3%
117
?;•
% May
700
'
—.
Preferred
Brill
Jan
6(4
1
Bridgeport
1
600
mm
34
Feb
Jan
9(4 Mar
.
%:
mm
*'
i
preferred
^
T/o
300
...
•
Class
%
M—
'
Jan
7%
7
K
Jan
P.
%
.m
2d
9
Apr
:.
22
i
Mar
--
—
.
%
*
.
Inc
\7% 1st preferred
103%
7(4 May
91%
7%
!
;
% Mar
200
"
2% Jan
2%
Feb
IS Jan
"
_
s,
—
8%
Jan
30
20
*'
Brewster AeronauticalBridgeport Gas Light
3%
;
Feb
108
mm
32
;
31
100
Brazilian Traction Lgt & Pwr
K
2% Jan
"
4%
j.
Apr /
6% May
1% Jun
1,400
mm
1
_
Co common
|
Apr
,-iV Jan
'••r '•••'
(H C)
Jan
Apr
1%
2(4
common
Corp common
48%
33%
mm
2
1%
mm
Breeze Corp
200
; 2%;
Jan
Jan
21
mm
600
7%
mm
1
j
250
2%
mm
mm
♦
Jan
1%
2%
7%
7% Mar
__
_
:ia
■44%
m —
Jail
Jan
Jan
7(4
3% Jan
—
.mm
••
$5
'
44%
'
1
6% Slay
mm
—
*
•
■
900
3
<
mm
—
1
Bowman-Biltmore common
1%
"
1
:
Jo
..
-3%
4% May
•
mm
—
1st preferred--
Bourjois
,
Feb
61% Mar
1% Mar
.
33 %
Feb
A Mar
*
preferred
Borne Scrymser Co
% Jan
27%
''r';V
— —
Jun
3
*
Blumenthal (S) & Co
Bohack
-
Apr
4%
mm
•|
Jan
Jun
85
Jan
900
»
mm
29
800
100
H.-•';
22
:
Jan
Js
150
295/2
29
1
common
optional convertible preferred.
26 Va
18% Mar
39
$3
,VC 11% Jan
Apr
20
; 5V'a
mm
(E W)
Feb
100
1,300
'
Blauner's common
Feb
7,000
19%
800
2'4
6%
Jan
Jan
'125
21
2(4
18
45%
21
44
%
20 V2
2(4
20
Jan
104
32
%
i3c
V\
•••j
19%
*
28(4
79%
20(4
preferred—
Birdsboro Steel Fdy & Mach Co com__*
7(4
mm
'
$5
13
13
mm
10
$2.50
dep
Jan
British
3% May
British
13
i'«
Jan
1/64 Jan
3*a
Jan
Ar Feb
%
Jan
% May
Vb
Feb
%
Feb j
Class
rets
Celanese
dep
Brown
ord
reg—,—
rets ord
;
reg
Col Power class A
Fence & Wire common
A
preferred
9%
8%
Jun
9% Mar
8
150
9%
—
--
Jan
8
Jan
1
Jun
2
Jan
Ltd—
preferred—
Brown Forman Distillers
$6
—£1
£1
dep rects ord bearer
Am
1
Jan
7
13
1
Inc—.
Bickfords Inc common
;
Apr-
21-
mm
»
Jan
20% Jan
18%
mm
mm
/
11
'
1,600
'• t '
m
.
24(4 May
f
250
10%'
m
l
—
Feb
—
—1
Hedges common
Convertible
Industries—
—£1
§Associated Gas& Electric common—1
,
2%
2% May
2% Mar
Corp__
Aircraft
27(4 May
25
ft
20%
mm
——
"
12%
Apr
1% May
225
25%
28%
r"l
j.—
--
—
Jan
1%
/A?-
Feb
Jan
82 % Mar
'
5
*
2
-10
Arkansas Power & Light $7 preferred.*
Aro Equipment Corp
1
6 7o
300
Z1
5
common
of Canada
&
Benson
mmm
tm-
Apr
200
Arkansas Natural Gas common
-
2%
'
mmm
10%
225
1%
1%
*
10
2
1
*
Elec Pwr 4%% pfd—100
Jan
2%
1
convertible preferred
$1.50
..
Jan
13(4
'
2,100
100
1
*
:
16%
1
„
Beaunit Mills Inc common
Apr
'
common
Beau Brummell Ties
;
Apr
s'a
18%
Angostura-Wupperman
Apex-Elec Mfg Co common
May
"Ludwig"
Baumann—See
14%
28% May
4,900
18
—*
—*
Fence——
Jun
»-» to
2%
Basic Refractories Inc
6% Feb
;
Vb Mar
j,
mm
18
'
$6
6
200
Mar
69
T-
%'..
.
32%
33%
common—•
preferred-——
preferred————
Thread 5 % preferred
1st
$6 series
Jan
mm
14%
i7e
Mfg—
Seelig
&
$1.20
s
.
:•
American
Jan
3% Mair
~
Steel-
Stainless
Barlow
Feb
Jan
4%
[■
Feb
Jan
100
i.'
.
_
100
-■
'
;
Apr
7%
300
4
Vb
25
common
27%
Jan
% Mar
14(4
2%
30
Rubber Co
Barium
24% May
4%
65%
•
"mm
Vb
Corp
Preferred
Jan
3
mm
.mm
1
for common
warants
preferred
Baldwin
% May
.
7 7o
:v-
Jun
Feb,.
%
5
6%
•
Apr
Jan
[■
Purchase
Apr
Jan
■
mm
6%
Baldwin Locomotive-—
Jan
Jan
fa Apr
mm
mm
Jan
12%
5%
^
mm
P-m,
preferred—:
22
300
l5tf
5
♦
114%
78%
3%
5
10
common.—10c
$2 convertible preferred—
«—1
$2.50 convertible preferred
1
American Hard Rubber Co—
25
American Laundry Mach
20
American jLight & Trac common
25
General
*
com „10
class A
Tobacco
Ayrshire Patoka
Babcock & Wilcox Co
Apr
20(4
10
.
«...
—-—100
preferred—
14% 7o
American
Feb
3% Mar
Jan.
Jan
Mar
90(4
100
22%
.mm'
mm
...
*
—10
Electric
&
May
109%
%
-mm"•
1
25
—
Feb
May
74
50
%-..
.,
22(4
'«*
•-
warrants
common
.
* .<■.
Berkey & Gay Furniture
American
125
mm'
mm
'•
5
common
105
Apr
4(4
mm
—10
—-i
B non-voting
American Foreign Power
Forge
Drop
Automatic
19% Mar
/
,:vr t
Cyanamid class A
American
Class
.
-
—25
25
1
A
-Class B
i
-
May
12
250
101% 101 %T.
1
class^ A—
^Convertible
Class
.
*
'
•
75%-.
%
1
—100
1
Mfg—
3
.
99% May
mm
-mm
75%
Cities .Power .& Light—-
American
Feb
78(4
750
mm
-
—*
——*
preferred
prior preferred
$3
mm.
"*
'
75%
Capital class A- common—10c
iCommon. class B.
■
10c
,'$5.50
•
«...
American
s
Vb Mar
Mar
100
23%
22%
mm'"
mm
.
Jan
•
20
1,000
100% 101
101
—*
common
106
'<:
B
—*
*
Mfg
Goods
Aluminum Industries
•Jan
1(4-Feb
%
'
Aluminum
3
23'4
1
Feb
3 % May
18
75
22
107
;
<
Apr
'
•
22
*
preferred
3
—
50
Co
Corp
Plywood CorpAutomatic Products
Mar
Jan
—
»•
83
% May
—
:
;
Atlas
2%
•
10
;.—25
•
Aluminum Co common
mm
•
1
Atlas
83%
10
*
•
Allied
High
G4
/
'
Jun
97
Apr
90
IS
■
Jun
99
•»«#
— —
$3 conv pfd„—*
Allied Intl Investing
7414
90
!
% May
40
98
•
~
100
1
74
74%
50
.
preferred
$7
Alles & Fisher Inc common.
Alliance
1
Appliance-—-—3
Co
mm
Jun
mm
mm
Atlas Corp warrants
Apr
Jun
1
3*2 Mar
tmmm
«...
Southern
Great
Alabama
62
mm
"
20 %
May
1
Alabama
Low
Feb
1%
5
11/«
Jun
— —
—
Air-Way' Electric
Range Since January t
High
% Mar
.100
preferred-
4%
4
5%
■
1%
6Vc
400
.
Atlanta Gas Light
'
Warrants
Low
*
RR Co pfd_."100
Birm & Coast
Atlanta
100
5%
—2
preferred
Air
Feb
200
"4% r4%.
5
1
_50c
Ainsworth Mfg common..
Shares
'
1
B
for Week
Par
Associated Tel & Tel class A
Mar
20
Mar
20
-
Aero
*22V4
18(4 May
Sales
Range
of Prices
Friday
•
High
Low
Week's
Last
Sale Price
Exchange
Week Ended June 19
Range Since January 1
High
Curb
York
New
10
common—
transactions on the New York Curb Exchange for the week beginning on
the daily reports of the Curb Exchange itself, and is in¬
dealings haveo ccurred during the current year.
It is compiled entirely from
19, 1942).
bond, in which any
or
Last
Week Ended June 19 '
-
■
stock
Friday
Curb Exchange
week, and when selling outside the regular weekly range are shown
.
furnish a complete record of the
we
Saturday June 13 and ending the present Friday (June
-;>• New York
they are the only transactions of the
computing the range for the year.
delivery sales are disregarded in the week's range unless
the week in which they occur.
No account is taken of such sales in
NOTICE—Cash
—
10s
•*
% Mar
■
__
■
*
1
*
1
*
"1%
10
2
—
v
300
"l%
Feb
10
100
7V'4
Jan
10%
Jan
2
100
Jun
2%
Jan
"i%-
1%
46
May.;
•
53
Feb
THE COMMERCIAL & FINANCIAL CHRONICLE
2350
Brown Rubber Co
Co
77/ Sale Price
''
'
(E L)
Shares
Last
Exchange
Week Ended June 1 J)
Bruce
Sales
for Week
of Prices
Friday
Curb
York
New
■
Week's
Range
STOCKS
i
1
Low
Par
STOCKS
New
Range Since January 1
Low
600
%
% Mar
11%
Jan
*
4%
4%
$6
Apr
Refining
35%
50
Jan
•_*
preferred
11%
n7/8
400
84
84%
100
ll7/a
25
—*
.
9%
Apr
67 Va Mar
Sugar
Tobacco
common
Curtis
40% May
15%
Lighting
Inc
(Mo)
Hill
Inc
Burma
Sullivan
&
$3
2.50
8% Mar
*
12% Mar
preferred
Corp Am dep
rets
Burry Biscuit Corp—
Jan
13
Feb
%
common
Dayton
Rubber
Mfg
Am
Class A convertible
preferred shares
Calamba Sugar Estate
Electric
California
'
Canada
Cement
6 % %
1%
1%
300
Apr
"3%
Feb
.1 %
Ltd
Gasket
Class
777/a
Jun
77%
25
15%
Jan
Gray
Jun
Vilbiss Co
2%
2%
2%
•
Jan
2%
2'ft
Feb
2%
S®*s!
1
Co
&
Carnation
class
A
16
*•
400
ft
:
*
250
preferred...
$6
Corp
Carter
(J W)
Casco
(AM)
5%
5%
1,900
5%
5%
Co
~5%
200
6
*
common
of
Corp
Central
Hudson
Central
Maine
America
Gas
&
Elec
2%
*
com
2%
May
20
Co
6%
100
103%
Power
&
Light 7%
Central & South
Cessna
West
Aircraft
Chamberlin
Charis
pfd
74%
77%
140
6%
5%
Metal Weather Strip
Corp
8%
1,700
8%
100
3'/a
Jan
85
Jan
8
107
Chesebrough Mfg
Chicago Flexible Shaft
25
Co
80
80
56%
80
57%
5
50
Corp
4
Chief
1
%
%
100
10%
10%
2'/8
2%
2,600
;
Cities Service common..
$6
—
10
preferred
preferred B
preferred BB
2*A
*
Cities
Service
$6
3%
L
$7
preferred
preferred
City Auto
Jan
Apr
83
Apr
57%
•
Stamping
Controller
,JL£f/,-J
1
1,
,
,
4
>,%
** fj' ' -*
iri
Neon Lights Inc
Clayton & Lambert Mfg
Electric
Clinchfield. Coal
.
3"%
3%
300
ii;
Lead
Aluminum
Cockshutt
1
."
%
Apr
Apr
Apr
14
Cohn
&
Colon
Co
100
Co
Va
3Va
55
4
5
5
52
Colorado Fuel
Colt's
4%
4%
300
-
Fire
Jun
47/8
Apr
Oil
Apr
15
Commonwealth
&
Distribution
Southern
Public
Apr
% Feb
5
Bond
100
1%
54%
35
t
c
Conn
extended
Gas
Coke Secur
&
18%
18%
1
Apr
4% Mar
1
Jan
3%
■
preferred...
Conn
Telephone
Consolidated
4% c'o
4%
series B
Jan
Mining
Consolidated
Retail
8%
Corp
Consolidated
Steel
7%
prior
of
1
14
1%
1
200
1%
1
1
49%
100
Cook
Paint
&
$3
100'A
Range
Corroon
&
Ltd
Oil
700
1,600
20
;
dep
•
13
4%
1%
•
Va
18
ft Apr
7 Va May
ft
7/a
Jun
1
Jan
39% Mar
106%
30%
300
25%
3
3
100
"4
4
63%
(
1
"4%
x63%
1
^
•
500
65
90
n
400
.2%
200
2'/a
2
Jan
Jan,
Share
common
Jan
10% May
'/s Apr
11
1%
Jan
41»A
40%
41%
300
38
Apr
60%
Jan
43%
43
43 %
1,600
40
Apr
63%
Jan
3%
100
2% Mar
6%
Jan
5/64 Apr
ft
Jan
1
„
1
1%
12,000
3%
__
1
; May
1
—
_.
15
,
Mfg..—4
..
..
5%
;
4% Apr
_.
.
26
__
4%
5%
100
Feb
28
Feb
4 Ye
1,800
9
Jan
5%
May
Jan
Jan
5%
Jan
100
—100
__
...
Corp
&
Equipment—
5
10c
common...
convertible
5
preferred
a7a
1
Inc.
Inc
100
3%
2
19
Jufi
ft Jan
Jan
100
Jan
■
16%
May
50
20
3%
33
Apr
13% May
225
2%
20
__
3,000
14
2%
1
common—
a72
13-Y8
—
50
Pipe Line common
,3a
14'
1
81
2%
22
Jan
Apr
Apr
2%
Apr
3%
7%
Jun
9'/a
1%
Jun
2% Jan /
Jun
'WSMMS-..
Falstaff
Metallurgical——
Fedders
Mfg Co..—
Compress
Ford
Feb
Jan
ft
32
&
Power
Motor
of
Motor
-
<
■>
1,300
.
.
,.v
81%
__
,
».•'/,» i
.
...£1
1%
•"I
i__
83
.
7'A
Jan
5
Jan
Apr
44% May
69
Apr
>.50
J
l7/a
1
i«>1%
Jan
4 Va
—
^
7%
5 Va Mar
,:
—
Jan
6 Va Mar
-
1,000
l'/a
.
,
64% Jan
103
Jan,
Feb
„
2% Jun
Canada—
Class
•
-
reg^.^.
.300
Wl%
__
.,
Light $7 preferred.-.*
Ltd—
Co
dep rets ord
7%
1%
.
*
5,
—
>
,7%
& Warehouse.....25
(Phila*..—
—10
Association
Florida
4^
F
;VL—
1
Engine & Airplane...—1>..,. .1'A
Brewing...
1,.<.....
-
A
non-voting
Class
B
voting
14%
....
*,v.t
—
y
ta;
-14%
200 ;;■>
10
11.
-
..
Jan
Jan
14 Y«
*
Jun
14% Jun
Jan
Fort
*
Worth Stock
Fox
(Peter)
Franklin
Conv
Jan
$3
Yards..—
i
4
Distilling...
Grain
Malt
&
•—1.
Co.—t
stock.:
convertible
:
—
Feb
17 Mar
200
1
Jan
•/vl %
8%
100
8% Mar
10 %
;
Jun
Jan
19
v
1
*".'...—
—;—
Jun
1%
8%
participating- preferred-—-..15.,
(Geo A)
10%
May 7:
15%"
-
,
.-♦IVa
8%
^
1
common
8
w-
--
—-1 V.
5
Brewing Co.
Co
conv
A%
Jun
Apr
96% Mar
3
2
,8
19
500
8
[Jr.
150
-
18% May
;
8*
203A
Mar
Jan
10
;
Jan
43
.
Feb
.
75
25
Mar
30
42Va
43Mt
425
40
Mar
44%
Jan
97Va1 97%
10
88
Jan
97%
Jun
.
4% May
-
60%"607/8
,
28Mj
30
52% May
% Jan
60%
Jun
14
Jan
ft May
preferred—i..—100.
<27.0
-
%
Jan
Gr, :;:;4
Jun
1 % Mar
53%
Jun
114%
Jan
102
Jan
Jan
1%
Feb
Jan
30%
Gamewell Co $6 convertible
Gatineau
5%
Electric
International
.—
-
1^»
3 % Mar
Gen
37/a
Jun
5%
Jan
"7%
300
"4%
vcn
350
Apr
7%
88
Jan
12%
'
Apr
8%
Jun
8% Mar
Jan
34
Apr
Feb
4%
Jan
5%
Jan
%
Jan
% Jan
1
* Jan
,
Gas
1
13
50
1
13
•
200
:•■■■i 300
&
Elec $6
Investment
Outdoor
1
—
/
-
<
j
-
;
;
preferred B—__4.
'*
common.;.-..
.
'10
—
—
12%
123A
"
•
•
—
14%
2,000
•
—
;•
82
Jan
Feb
.
preferred—^———4
12% May
16'A
Jan
Preferred
4%
&
32
00
to, 101
Jun
332
2% May
16%
.
Jan
5%
Feb
% Mar
1% May
1% Jan
1 %
May
2'A
Jan
6% May
% Jan
x%
...
18
Jan
Apr
Jan
15%
Jan
102%
Jan
%
Feb
•
70
55
Apr
69
20%
Jun
40
-30
)
Jun
21
200
Mar/
*
,
-
-
—
100
Apr
% janV'
———*
•«24%Mar
4
:; 41 ''••
!'
:
u
53%
Jun
80
common..;-4r'?*;
——
Jan
3%
86% Apr
■
—
-
Apr
96%
Jan
ft
A Mayr
35%
100
"
101''
-
"7
34'/a
•
103
5
May
—
Apr
Jan
42*'
Apr ;
Jan
Glen
Alden
Godchaux
...
Class
$7
...
107/s
—;..4—4-..L*
preferred.;.
Goldfield
Gorham
$3
Coal...
Jan
4 Va
Consolidated
Inc
——__*
Minesi—_—1
6
—
-ji v.-i. a—-
1,000
—
6
-
.'r,1®
# 100
-12%
10%
Jan
28
10%.t.ll*%~?
Sugars class A...——_—* 4-;:4.-^:'■
B
Apr
6
Jun
;
Jun:
100
94
;'r
:
100
-'/ft
class A—__——
preferred
23
9
Jan
Apr
——;
32
rJan
May'.
Jan
Feb
Jan
Feb
Jan.
ft Mar
1% Jan
28
.
Jan
Jan .v
81%
May
Jan
Jan
Jan
3V2
Gilchrist- Co.—1—_—.4.—=-•
-4
--V'7
GladdingMcBean'&Coii-—'- 444414—1V-,
.
27% Mar
V«
—•
Jun
Jan
4%
•
ft Feb
58
Adv^/0%">pfdiiik4'-lOO»,i.'^s'55ry#>::
.,.Oeorgia:.Fower.^$6,•^.prefe,u•ed4i4i-h-'44-l.v^?-i-:•i:'7;•:?•
Gilbert. (A C)
Apr
Feb
>59% Mar
100
convertible'-.preferred—
General Tire & Rubber 6% '.pfd-Aj.lOO
:
Gen Water Gas & Electric commonir-lto^',83 % W-•'-3 %'
C,' $3 preferred
—__^L—_—.*• ^
28%'Y30
•:
4 '
.'••.a-'TV.', ■:
Jan
Mar
.7
A", -ft
$6
1%
11%
12%
100
12%
--i
'
■
14
.
;
,
—
iGenera^;BhaTeholdingsCorp;^cOnu^4ii^lr^:?'-i^^^^v:f/A■%^7^%^
Apr
2
14%
__
■.55%'.551/a
Public Service $6 preferred-'.* ;^- 20V2 )■ r '20%
20%'
Rayon Co A stock—
__*
__c
General
$5
1
/
'
Jan
6%
67% May
5
^
Jan
ft
*
For footnotes see page 2354.
3% Feb
,$6- preferred-—-u-*
60
;
-60%
dep rets ord reg———£1
common
*•
General
v&'v*
25
•'
._*
Electric Co Ltd—-
Gen
Jan
»
*
preferred
pfd—1—•
common
..—.-—100'
Geliman Mfg Co common-/.-.-----v--^l.
General Alloys Co.
1.—-——*•
1%
t 11 :;>. V
1
25c
Co
preferred
Jan
31
1
A
Power
Jun
Mar
7%
'"4
5
Drug Co common
convertible
17
Jan
Derrick
General
(ord reg)..£l
Croft Brewing Co
Crowley Milner & Co
Crown Cent Petrol
(Md)
7%
Apr
17
Jun
Jun
Fire
Jan
1
iH O s*
5c
...
preferred
Cork
2%
Jun:'
11
20 Vi*
l'/a
•
common
Crown
Jan
11
138
Amer
4%
Crown
3/«
25
75
11%.
/11%
'11.
,
General Fireproofing
*
Wheeler
.
-
Apr
9% Mar
Jun
X29%
_•
Petroleum
Crocker
&
Federal
>
3/128 Mar
Jan
Mar
5
.
receipts
.
4v--
—•
preferred
General
;•
American
Jan
Apr
Jan
1%
Courtaulds Ltd—
Creole
Jan
22'/, Mar
Jan
18%
34
100
..1
Mines
convertible
33
May
%
,
89
Jun
1,200
100
Mexico
preferred A
5%
11%
500
500
Apr
1%
*
common.
Petroleum
v
%
Jun
%
100%
10
Corp
■'
19
16%
%
52%, Jan
129
100
Reynolds
i!:
50
Apr
Api-
18%
1%
Co
$6
Cosden
'21
41
82
Ford
1
& Smelt
Stores
Varnish
Cornucopia Gold
150
1,275
Jan
200
53%
100
1
prior preference
Copper
200
Jun
Jan
._
110% 111
100
Continental Roll & Steel
Cooper-Bessemer
800
1
•
123
2%
*
53
preferred..
Oil
Jan
Jan
Jun {■
125
72%
54
Continental Gas & Electric Co—
Continental
87/a
'1%
Mar
May
Jun
1
150
100
1
Royalty
6"% May
% May
1
Mar
May
300
v
•
preferred...4
Consolidated
7%
85
-'Am
%
Co
Utilities
Gas
Feb
100
3% May
Mar
1/256 Mar
14
common
preferred
Consolidated
Jan
*
preferred series C
Consolidated
i°0
123'A 125
Fuller
Electric
&
Biscuit
»
Feb f
2% Feb
Mar
Fairchild
Apr
% Jan
% Mar
250
1
;
Consol G E L P Bait
7%
47%
1
21
*
Fairchild Aviation—
7%
—
$3
70
57
Eversharp
Jan
2
21
14
..1
common
May
Va Jan
•
Jan
81
Eureka
6%
Jan
1
1946
to
7
—
warrants—
Froedtert
V
Mar
240
$3
.Jan
1,100
54
25
Community Water Service
Compo Shoe Machinery—
62 Mj
300
Jan
25
118% 123
Esquire
Mar
Apr
3%'Jan
200
2%
warrants—
Service
175
%
46%
--V
Washing Machine, B
Equity
Mar
Mar
4%
1%
'
Commonwealth
Community
%
2%
—
preferred.100
Gas
&
,
E .t
7%
*
preferred series B
Emsco
Jan
6% May
25
Columbia Gas & Elec 5%
Columbia
67
'2%
preferred
100;127
124% 129
& 8 %r preferred
....
—.100
134:4.)'' 132 V? 138
Empire Power participating stock
*
'
6% Mar
% Mar
warrants..
Arms.
Apr
7% Jun
Mar
1% Feb
•
Jan
3%
__
-—1
& Iron
Patent
63
7%
Jan
4% Mar
*
Airlines
100
25
preferred series A...
6%'/o
Jan
82%
%
200
—
-
5
ordinary
preferred——___£1
convertible
63
1
Iron
Empire District Electric 6% pfd
Empire Gas & Fuel Co 6% pfd
Feb
82%
23 Va
...
Development
6%
Colonial
19
Apr
'4% Jan
6%
10
Corp—
Emerson-Electric
Jan
Apr
*
Rosenberger Inc
Feb
4-a ^
100
Electrographic Corp
Elgin National Watch Co
Feb
Va
Apr
200
_*
common
Jan '
4%
20'A Mar
%
5
Feb
50
5
*
Utensil
Plow
100
•u%
-1%
v
^
common.—.*
$7
Fansteel
Club
5 '/a
•;
*
Corp;
31
14
4
common
.,7%
*,
prior preferred..
Option
Jan
3"%
—
v
Jun
*
Jan
ft
6%
.
Illuminating—
Cleveland Tractor
%
—10
Claude
Cleveland
3%
1
'»
-
6
40
__
*
Co
/
#
Jan
27
7
3%
'
Jun
2%
—
10% Mar
200
v.
l7/a
preferred
—♦
$6
preferred...^
*
Electric Power & Light 2d pfd A—*
Jan
2% May
300
7%
•
1
Sulphur
Malleable
Jan
8
*
.
City & Suburban Homes
Clark
38%
May
% Jan
55
$5
Jun
4'%
3S2 Mar
7
&
P
38
Jan?
2
13
19
-7%
.100
Electric
Apr
10%
x4% Feb
--
*
60c
$6
__
13
47
25
Childs Co preferred
—
~3% ,~3%r
—
preferred____—100
Easy
Jan
Jan
1,100
Mining
1
Feb
—
3% Feb
.
1
$6
Jan
%
70%
100
Chicago Rivet & Mach———
Consolidated
Feb
27/a Mar
8%
1%
10% Jun
10% Mar
7
.
Jan
37/a
5
Feb
;,
10 4
States
v
Jan
6% May
10
Jan
Jan
18% Mar
% May
,
—*
Corp common
Picher
6%
Jan
8 Jun
Co__5
common
Cherry-Burrell common
8
10
Co
Eastern
Jun
ft
.1
Mar
1%
49 3A
.-.17.% May/
—
.
--
——.1
common
Gas & Fuel Assoc
4Vie/o
Apr
7%
50c
Co.—
—
,
Hosiery^ class B-eommon^i.4^ /
Texas
Eagle
East
Jan
95%
Apr
7
:
Feb
..
1
Jan
72% May
100
—
100
Utilities
7
__
10
Economy Grocery Stores....
Central
—
;
5% Mar
Feb
Mar
90
77%
105
Apr
May
v jan
85% May
preferred.100
Central New York Power 5% pfd—100
Central Ohio Steel Products—
—I
Mar
Va
-
.1
common..
Jan
2% May
57/a Jun
7%
Power
/'4-
Corp..........
Test
Duval
Apr
42
111%
4% Jan
1,200
6%
2%
51% May
/
*
Durham
—
1
2% Mar
Jan
47
Y
Jan
Jan
105
—
""7
warrants...20
Bridge Co Ltd
Eastern
Catalin
3'A
1
1
Jan
,
10
:
i~.
4-
common
Feb
%
12
Apr
4%
1
Co common
2% Jan
Jun
37
—
1
'
Duke Power Co..
Apr
90
—
1
Products
Castle
99
—* '
common
100
•"
10
Dubilier Condenser
May
Duro
35 Va
Carolina Power & Light $7 preferred..*
Carrier
Jan
xl9 % May
40%
121
ft Mar
,
40
May
8Va
1 ss
*
common
Co
100
1%
__
..
Dominion Steel & Coal B;——.;——25 /
Draper
121
*
Carman
3
Feb
Jun
23
'
common——.
Driver Harris
Capital City Products
Jan
Jan
9 Va
Jun
2% Mar
100
100
Canadian Marconi
18%
1%
—
*
preferred—
Dominion
Alcohol—
preferred
10
*
Foundry......
Stove
7%
*
14
Jan
3
1%
7
Feb
6'A
* 23
23
'
—
100
com..
Products
Divco-Twin, Truck
Canadian Industries Ltd—7%
'
May
200
Diamond Shoe common;———*.——..,.* „■V
*
voting
Iron
Mich
Steel
De
20% Jun
voting
non
5
9'/a
-r
100
Industrial
A
Class B
Jun
1% May
6% Feb
14
y''
9
50
4
Mfg
without
Detroit
Apr
Dobeckmun
Canadian
1%
..
.1
5
common
&
preferred
Detroit
Jan
Foundry Ltd—
Dredging & Dock
—
9
1
Mfg class A
Detroit
2
*
Co
1%
Jan
Jun
Mar
May
% Mar
6%
•
1
participating preferred
Canadian
1%
?i
Corp
Car &
2%
20
preferred
Canadian
1%
£1
10
Power
' '
!
'
i,
Tungsten
Detroit
__
...__._35
Derby Oil & Refining Corp
A convertible preferred
dttll
Ltd—
dep 5 % Vo
Callite
ft Jan
15%
—
__1
prior preferred....
8% debenture....
50c
Jun
% May
6% Feb
•
50c
common
certificates
trust
Wireless
&
300
1
5
$6
Voting
11%
8
D
Petroleum
Dennison
Cable Electric Products
11%
__
■■■
Dejay Stores
Cables
11%
1%
___5
Darby
Jan
Apr
Jan
_*
Davenport Hosiery Mills..
Feb
Va
12 Vic
—
12'/a
%
-
4%
>
5
....
High
% Mar
,
Jan
% Mar
—
Low
V
91% Jan
%*Jan
V
——_
Range Since January 1
High
common——2.50
V-■
Bunker
Burco
Shares
—
.
10
—
Atlantic
Curtis Mfg Co
preferred
1st
for Week
...
common..
preferred
Cuban
Niagara & East Power-
Si.60
$5
Line_.
Pipe
Buffalo
Sales
Range
Last
Sale Price
Cuban
Buckeye
Week's
of Prices
Friday
Exchange ,/
tow
Crystal Oil
127/8 Mar
Apr
Bruck Silk Mills Ltd
Curb
High
Jan
5
common
York
Week Ended June 19
Va
High
%
1
common—
Monday, June 22, 1942
Mar"
•
Volume 155
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
•
NEW YORK CURB EXCHANGE
Week's
Friday
Last
New York
,
Curb Exchange
Week. Ended, June 19
„
.
.
Sale Price
Low
Par
Gorham. Mfg
1
Gray .Mfg,' Co--—„-5:
Great
Pacific
Atlantic &
York
Greater New
Northern
'
—
—
3%
•
2
,
New York
High
21
3%
2»/a
50
21
100
>68%
133'/a
.
68'A
70y4
133</a 133'/a
Jun
29
3>/a Jan
1,000
2
275
58
25
,124
:
May
,
Apr
Feb.
-
,
Lackawanna
Lake Shore
Jan
134'A Jun
Lamson
0
'
Low
High
Sales
^
Range Since January 1
Low
High
RR
(N J)
Mines Ltd
;
of Delaware
Corp
—,
Lane Bryant 7% preferred
Wells Co common
;
-
Lane
Paper
Langendorf United Bakeries class A.
'
Class;. B——
:
——
common—25c
il——
dil Corp——
Shares
Lakey Foundry & Machine
Greenfield Tap & Die—_.
Gulf
for Week
Jan
3% Jan
83
.
Week's
Range
of Prices
'4>/*Mar
Brewery.
Grocery Stores Products
Last
.
■•-•'V:r:"--'V-::'
*
Friday
Sale Price
Exchange
High
Low
100
Curb
Week Ended June 1!)
Range Since January 1
Tea—
Non-voting common stock
V/fi -1st preferred.——.—
Great
,21
common..-^.—10
Grand Rapids Varnish.—.
for Week
Shares
STOCKS
Sales
Range
of Prices
Lefcourt Realty common-—————.
Convertible preferred
Lehigh Coal & Navigation
25
Gulf
•
;;-v $8
*
Leonard
*
Le Tourneau
States Utilities $5.50 pfd
preferred—
Gypsum Lime & Alabastinei
Oil
Development
(R G) Xnc—
Line Material
—
-
;!
Co
:—.
Lipton (Thos J) Inc 6% preferredLit
Hall
Lamp
Co
Hammermill
Hartford
Hartford
10
Light
Rayon
Harvard
—
Locke Steel Chain——
5
Paper
Electric
Brothers common
Lone Star Gas Corp———
——25
voting trust
ctfs
Long Island Lighting common—.—
1
l'/o
Hat Corp of America B non-cot com—1'
Hazeltine Corp—
——*
Hearn Dept Stores common
——5
preferred class A
67o
Brewing Co—---1
preferred class B
—
Loudon Packing——;———_
Louisiana
Land
6%
convertible f preferred—:——50
Louisiana
Power &
Hecla
Mining :Cd----i--i---i---.----25c
Ludwin
&
Exploration
Light $6 pfd
Co
&
Baumann
common—
preferred
Conv
Class A——Heller
-
Co
.*
—-
1st
1%
1st pfd v t c
,.
Lynch Corp common-—-
2
common...
Preferred
7 %
Conv
Helena, Rubenstein—
25
—
Henry Holt & Co participating A
*
Hewitt Rubber common
5
Heyden
Hildock
Hoe
Products
(R)
;
...
& Co class A
'Mangel
2Vz
$5
10
—
preferred
Consolidated Mfg Co
convertible
Mapes
Hollinger
Consolidated G
Holophane
Horder's
Hormel
Co
M
International
Marconi
5
*
& Co common
Marion
*
Com¬
*
Margay Oil Corp
*
Inc
(Geo A)
*
_
Marine
Ltd—
Co
munication
*
common
optional: warrants——*
Stores-*--.——-——i-———L
Manati Sugar
Chemical——10
Steam Shovel
*
iMass Utilities Association vp——
Horn
(A C)
Horn
&
Hardart
Horn
&
Hardart
5Vo
1
Co common
_*
21s/a
Jun
Massey Harris new common
McCord Radiator & Mfg B
100
109%
Jun
McWilliams
Baking—;—
*
—
preferred-.
Hubbell
(Harvey) Inc
Humble
Oil
&
Hummel-Ross
Hussmann
Co
&
*
Co
5
Stores
cpmmon
__*
Merchants & Manufacturers class A__l
-1
—
preferred—
participating
v
1
Hydro-Electric. Securities—
Hygrade Food Products
Merritt
*
5
•
Sylvania
Hygrade
Mercantile
•
—*
i
Huyler's common—.
V t c for 1st preferred—
Johnson
*
Memphis Natural Gas common
*
-5
Corp
Ligonier
Mead
5
Refining
Fibre
*
*
—_
Dredging—
& Scott
Chapman
Warrants
•
__
A preferred
6%%
___—100
.1
Messabi Iron Co—
Textile
Metal
Power
Illinois Iowa
^
5 '■»
convertible
Div
arrear
*
Co
preferred—-.
50
certificates——
Zinc
Illinois
25c
Participating preferred
15
Metropolitan Edison $6 preferred——*
Michigan Bumper Corp
—1
—
Co—
Michigan Steel Tube
Micromatic Hone Corp
Great
Britain
1
Middle States Petroleum class A
_—
of
—*
—10
.
—_
Tobacco
2.50
Michigan. Sugar Co——
Preferred-.-.-;
*
Imperial Chemical IndustriesAm dep rets regis—
£1
Imperial Oil (Can) coupon———*
Registered
*
Imperial Tobacco of Canada——
_5
Imperial
Corp
v
t c.l
5 ' Class B vt c—————■;—-1,
Middle
West
Corp
Midland Oil Corp
&
Ireland
1£1
Line—_____—
7 Vis
Indianapolis P & L 5»/4% preferred.lOO
Indiana Service 6',i preferred——100
5
common
$2 conv preferred—*
—
Industrial Finance v t c common
preferred
l'/o
Co
Insurance
International
$2 non-cum dividend shares
Midvale
Midwest
1
Machine.—
Inc
International
Industries
International
Metal Industries A
International
International
Class
.—.J
B
Molybdenum
*
*
preferred.—
prior preferred
Interstate
Home Equipment
Interstate
Mills..1
Montreal
1
5c
Producers—.——————10
2%
Mountain
Mountain
States
*
11%
Feb
100
114%
Jan
*
2V2
*
97/b
Feb
Mountain City Copper common
*
Power
common
Mountain States Tel & Tel
-1
Murray Ohio Mfg Co
Muskegon Piston Ring—
—*
Muskogee
.
Co
;
1
JeannetWulass Co
*
Jersey Central Pwr & Lt 5 xh% pfd—100
6'4>. preferred
100
7% preferred
———100
Julian & Kokenge common.,
*
*
_*
Mtge Bank of Col Am shs
Royalty)...———
1
Fireman Mfg/ voting trust ctfs_„*
Irving Air ChuteJ.
Italian Superpower A
—10
Utilities
Ward A
Light Heat & Power
Moody Investors partic pfd_
Moore
(Tom) Dist stamped
Investors
Iron
Dakota
Montgomery
*
Hoslbry
Interstate Power «7 preferred...
*
Pictures common
1
Monroe Loan Society A-————L
Montana
*
*
1
$3.50
Corp
*
2.50
.—1
Monogram
——
$1.75
Voehringer common.
Monarch Machine Tool——
<
International Utility class A
*
—*
Missouri Public Service common
-*
International Safety Razor B
Refineries
Mock Jud
-*
—
Products
International
*
—1
Supply-
&
pfd—L100
Mississippi River Power 6% pfd
100
1
*
—:
50
Co
Minnesota
50
Paper Co warrants
Petroleum coupon shs—*
shares...
Registered
*
„—*
10
Piping
Mining Corp of Canada
Minnesota Mining & Mfg
Pwr & Light 1%
*
International
Preferred
Oil
Mid-West
of North America——10
Cigar
Hydro Electric$3.50 series—
common
Abrasive—
Midwest
100
;
Co
Mid-West
100
preferred—
I'm
Steel Products—
Midland
Indiana Pipe
Co
common
*—100-;
preferred
Jacobs i(F Li
Nachman-Springfilled
National
Bellas
Hess common
National Breweries
common
Candy Co
National City Lines common.
National
—.
$3 convertible preferred———...
-Kansas,Gas & .Elec 1%,
Kennedy's
preferred
Inc
——
Ken-Rad Tube & Lamp A—
Kings Co Lighting
5%
'Kingkon
Kirby
.
National Fuel Gas.—..—
National
1% pfd B—.
preferred D—
Products.^—————
Petroleum——,.-
National Pwr & Light $6
Emil)
(I B)
Knott Corp
Kobacker
Co
common
Rubber Co
—
National
National
special preferred...
Brewing Coj
—
(S H)
Kreuger
For footnotes
Sugar Refining—
5 V2 % preferred
12
;
Tunnel &
Mines...
Inc..——
Koppers Co 6% preferred—
Kresge Dept Stores—
<, • v
4% convertible. 1st preferred—
Kress
,
National Tea
National Transit
common—
Stores
pfd unstpd.
National Refining common.
—*—
National Hubber Machinery...
National Steel Car Ltd
National
(D
Kleinert
Mfg & Stores common—
j$8 preferred stamped—
Klrkland Lake G M Co Ltd..—.
Klein
(Del)——
National Container
see page
2354,
Navarro
Union
Oil
Radio
Co—
Nebraska Power 1%
—!
...
preferred
Nelson
(Herman) Corp..—
Neptune Meter class A
:
Nestle Le Mur Co class A...—_—
5
10
Jan
Feb
Jan
5%
Apr
68 Yt
Jun
THE COMMERCIAL & FINANCIAL CHRONICLE
Sales
Range
for Week
of Prices
Shares
Friday
Exchange
Curb
Week's
Last
Sale Price
STOCKS
York
New
Week Ended June 1!)
Monday, June 22, 1942
STOCKS
New
Range Since January 1
York
Curb
Week's
Sales
Range
for Week
of Prices
Shares
Friday
Last
Exchange
Week Ended June 19
,
Sale Price
Range Since January 1
■
Y/'v % Par
England Power Associates
6"o
preferred
$2 preferred
;
—
New England Tel & Tel
*
100
-*
100
New
New Idea Inc
%
24
24
25
19
40
87 Va
88
—*
11 %
11%
11%
200
53 %
52%
53%
1,600
—
25
Land-
*
New Jersey Zinc
"
Arizona
New
Mexico
New
Process
Co.
N
Y
Auction
Co
N
Y
Y
&
N
Y
N
Y
& Light
Power
Founders
10
68 V2
7%
12'
12
100
1%
Mar
~3%
Apr
Jan
shares.—'
1
—
17
17
100
5Vo
Feb
100
Class
A
23%
1V4
Class
B
23%
1%
-
Raymond Concrete Pile
Apr
Apr
Reed
Jan
7V
Feb
19 Va
102
lVa
Republic
Feb
Rheem
Feb
Rice
Apr
69 Va
Feb
Richmond
53
Jan
Rio Grande
aJ2 Jun
f
Stix
5
100
Niles-Bement-Pond
—*
8%
"9V4
2,700
1
5
T%
"%
100
—
Nineteen Hundred Corp B——
Mines.—
—
2% Jan
2% Mar
86
.90
Apr
8V4
%
2 Va
Dry
13%
14
47
47w
1%
%
200
North
$6
Class
B
common..;
prior preferred.
67o
A
-"9%
Jan
11 Va
Feb
2% May
10
Apr
5V4 Jun
5%
Jan
10V4
10 Va
50
3 Va
3'A
1,000
"5 Va
*
.
•%
%
1,000
--•
1
v t c__
pfd C
preferred D
Tel
3Va
Feb
Root
Petroleum
Co
93
100
_
mm—
— —
—
'—mm
•
— ~
s- 0-■
.
"
*
mrnmm
100
preferred
Corp common
Field Inc.
Roosevelt
Jun
'
5
Jan
Russeks Fifth
17 Va
Jan
Ryan
Aeronautical
17
15 Va Mar
17
Jan
Ryan
Consolidated
51'/a May
15 V4 May
16 *
:V
50
500
17
300
50
i
North American Utility Securities.—*
Northern
7%
preferred..
Northern
Pipe Line...
Northern
States
20
—
Apr
102
77
..
——
y.. 'i
'
7%
2
2
100
1%
1%
300
-
•
—
.20
'
—
'
-
11
11
4%
4%
4%
14
—*
108
200
11
11
St
tY
9% May
51/4 Jun
Jan
l7/a Mar
200
15Va
Mar
Lawrence
Class
St
T/e
,
Jan
A
-
preferred
preferred
4%% preferred
Ohio Oil 6 7o
Ohio Power
*
100
100
1st pfd
Qhio Public Service 7%
etc 1st preferred
to
I
——100
5
•
—
-
—•»'
-V/V
Securities
-
•
.
Dome
Oil
.
Mar
112
110
Feb
98
12
40
•
-
"3%
.
-
...
Co
Jan
48
..
..
(D A)
Pacific
Co
Can
'
•
.
Lace
4
Steel
Segal
x-'^V2%
.Pacific
25
*
100
preferred
Lighting $5 preferred.
1st
& Light
7 To
pfd
Pacific
Power
Pacific
Public1 Service——i_-
Feb
$1.30
1st
/•'*.'
ft-''
;—~'y
25V4
600
24%
Apr
22% Mar
29%
Jan
27%
76 Va
981/2
Jan
Apr
72 v Mar?
10
.-
87
Feb
12
Mar-
~3%
41/2—7,100
Co
Inc.
&
11
11
22
22%
900
6%
.1
Parkersburg Rig & Reel—.—
Patchogue-Plymouth -Mllls.i—'
Peninsular
Telephone
preferred
$1.40
5%
5%
400
-4% May
Shoe
Co
24
25
—
30%
Inc
%
Jan
18
Apr
69
33% May
6% Jun
Jan
400
%
200
A
Apr
V2
Jan
3%
700
/4
Mar
3%
Jun
9%
9%
Va
50
8 V2
Jan
9%
Jun
32
Mar
—
—
Va
—
5
—
—
—
100
—
A
38
150
certificates
—
—
1
——
"
—
Va
Mining
common
2%
.
2%
—
25
;
100
-
45
650
"
114% 115
40
110'
9%
Feb
4% May
Feb
;5V.
•
59% May
*
Feb
Va Apr
2% May
9% Feb
•
Va
45
.
Feb
^—
73V4
71
114%
4%
1,000
Mar
*1% Jan
.
-
Aprv
Y1/® Apr
—
2%
--
]
..
Mar
Apr
4 % May
—;
5,
•"
:
1,700
—
•
common
Denn
Va
—'
.1
.
36
Jan
-v
38
__
% Apr
Mar
1 ;•
...
x38Vi x38Vi
.
9% Jan
"
% Mar
—
35
—25
5% cum pfd series AAA
Sherwin-Williams of Canada.
SHex
31
Co
Apr
$3
convertible
;
preferred...
Simplicity Pattern
Va Mar
•
common...
Simmons-Boardman Publications—
•V
Jan
Feb
26
Jan
3'/a
*•
—
1
common
stock
Sherwin-Williams
6'/a Mar
Apr
50c
A
Penn-Mexican' Fuel—
11% Mar
112% Mar
/
4
Jan
11V® Jun
73 Va
Jan
115
Jun
Jun
9% Jan
Jan
Jan
3<F
May
Jan
Apr
A Jan
6%
—
*
prior stock—
Shattuck
•
•
*
common
12
:
%
—
_*•
common
Safety Control
Serrick Corp class B
3Vs May
IIV2
Jan
Jun
21% May
% Jan
19% May
16
Jan
A
Feb
8 Va
25
Jan
3%
Apr
Apr
,3„
......
10
8V2 May
2% Jan
Apr
1°°
*
Sentry
4% Jan
Mar *
3 V® May
—...—..10
Parker Pen Co—.—-.
Feb
r120
111;; Mar
1
Hardware
/
1
Corp—
A
*
-Shawinigan Water & Power—
4%
—
1
Bros
Seton Leather
4Va
—
A
^
11% Feb
76%
Jun
li
l7/a May
V4 Feb
200
Jan
90
*
*
200
A
%
*
Allotment
•
Motors
Paramount
251/4
Feb
2V4
"
Apr:
10
25
common...
Seiberling Rubber
_•
preferred
i—
Page-Hersey Tubes
Pantepec Oil of Venezuela Am shsi
a
300
2
107
——1
common
Lock
$5.50
28
3% Mar
5 Va
8% May
1% Jun
25
19
1-
Corp general—
Securities
Jan
2%
-
Selby
27%
1,500
i«
Jan
•
25
1%
Spring Brook Water Service—
preferred
*
Scullin
•_*
1st pfd
Jun
Jan
Apr
A
53
Scranton
Convertible
Pacific Gas & Elec 6%
A
25
preferred
Manufacturing
Electric $6 preferred
Scranton
v
common.—.—
-1%
1,000
109
1%
—
.1
common
Selected Industries
'
'
s
-
*
Convertible
Jan
Jun
100
.
-
Jan
May
1,000
15
.
Feb
3 Va
5
common
Seeman
~3 %
2%
-
*
Scranton
Jan
111:
May
3
.
2%
•
..
109
1
Co
'Scovill
Feb
17
Apr
95
1%
40
.
Feb
Apr
Jan
9VA May
367/a Mar
.
IV2
—
1
Corp common
Oil
iSchulte
.
6Va Mar
Apr
.
—
—
100
Savoy
Jan
Apr
;
Feb
5% May
>
'50
Jan
4%
300
-y
%
1%
5
Mills
$6
105
9%
'
2%
-
50
1
Co
United
Jan
„
98
mm**
100
43
104
Jan
112
91%
Y;^;.
Y
15 Va
-1
,
/
•
.
k'..
__
15 Va
43
I
1
i
Overseas
mm—*'
•
12 VA Mar
Jun-1
•
'Y
3Va
2 Va
2%
"—■
•
pref
common
Schiff
Feb
100
100
20
Y:-
-
200
"
2
1%
17% Feb
*
United Filters B
Omar Inc
40
:
2%
Jun
Jan
85
Apr
109% May
100
107 VA 107%
common—!—15
$3 preferred
—50
.$5% conv prior preferred
*
Y; 14
__
112
Xl00% 101
Oklahoma Natural Gas
Oliver
50
v,
-
112
W
1%
1,700
15%
W;
.
100
Oilstocks Ltd common...——
to
15 %
_•
common
$6
Edison
Ohio
K-
4
Co class B
J
'
w~
43
-
3%
'
.1
preferred
Sanford
O
Brass
-
*
Petroleum..
common
conv
Samson
Ohio
1-
_
Corp Ltd
$2
Regis Paper
Salt
Ogden Corp common
43
--
Ryerson & Haynes
Jan
2,000
14
*.V".
*
.i..—i.i...
4
Ave.
_
Jan.
■
10% May
7% Apr
:
TOO
"
—
r
7%
•
1
Co.
95
May
■"'
"*■"
Jan
Apr
7%
25
Power class A
Typewriter
Jan
Jan
Jan
72%
87
84
100
r-10
Corp
Novadel-Agene
84
Royal
Jan
V4
May
32
3%
3 V4 May
pfd.100
—
Jan
May
32
5
Texas Oil
Central
Nor Indiana Public Service 6%
%
.
'
5
i—...
_
$1.20 convertible preferred
;w. VaMar
250
17
-
Jan
'
mm —
_
6l/2%
88-
62
Va
Jan
11V4 Apr
X6V4 Jan
% Mar-
V.
100
Rome Cable
%
Apr '
16
18 Va Mar •'
Apr-
.
.1
Jan
5 Va May
Feb
60
Jan
Jan
Apr
.5
Roeser & Pendleton Inc
50 V2
60
..*•
class A_i.
1 Va
A Jan
1
Valley Gas Co
Feb
A
*
-*
preferred
Apr
3la
Goods
Apr
Light & Power common..1
Amer
*
Apr
51%
2%
>
14%
Radiator—
Rochester
Feb
Jan
16%
May
1% Mar
■
North American Rayon
Jan
46 V4
100
%
-6V4
Apr
13'/» Jun
10
1%
Jan
it May
550
1%
-
1
Jan
•
14%
Jun
5 Va May
1
Electric
Noma
2%;
Jan
Apr
*
Rochester Gas & Elec 6%
Va Mar
6%
2%
100
—
Jan
8%
1/128 Mar
1/256 Mar
Niagara Share class B common
Class A preferred...
150'
Apr
50c
Manufacturing Co
Jun
1% Jun
*
70
May
A
13%
1
Co—
Aviation
50
optional warrants—
Apr
139
4
_•
Co
Roller Bit
32
-
56
70
500
common__50c
Reiter Foster Oil Corp.—j.
Reliance Electric & Engineering
Mar
27
ii-
Manufacturing
■80
35
100
8%
.*
common
$3 convertible preferred
Raytheon
Jan
6,900
i" 125
58 Va
32
63
142
_*
——
25V4 Jan
Jun
20
1%
.57 Va
:_100
optional warrants.
Nipissing
142 v
100
Co
Radio-Keith-Orpheum option warrantsRailway & Light Securities
-Voting common
10
Railway & Utility Investment A
1
Jan
91 Va
May
6%
100
—L—
preferred
'9% Feb
16
5
preferred—1'
1st
2d
Jan
94
pfd——100'
Niagara Hudson Power common——10
High
R
Feb
18
81 Va May
74'
6%
Water Service
5%
Power
62%
*
common
preferred.—
Red Bank Oil
New York Transit Co
Y
2%
Jun
7%
N Y State Electric & Gas $5.10 pfd.100
N
6V0
Quebec
Jan
12
preferred—100
'
-*
Low
Jan
Apr
"2%
12
High
Jan
Apr
10
—
preferred
:—
Shipbuilding Corp—
Y
f; 12
1%
Honduras Rosario.._i
Merchandise—
$6
Quaker Oats
Feb
1 Va
50
City Omnibus warrants—.
N
N
4Va
Apr
*
common.™
Low
Jan
101%' Jan
Apr
-
Par
Jan
30 Va
V
10 % Mar
1
—
% Apr
3
High
IV2
Apr
80%
87%
—*
—
com mop
&
Low
High
__
Co.
Clock
Haven
New
Low
10
Jan
s
15% Apr Y
<
1
common.—;
;Singer Manufacturing Co
8% May
.
"
.
,•
Y
—100
152% 153
—
40
1%
130
Jan
17% Apr
2
1
Mar
159%
Apr
Jun
2
May
Singer Manufacturing Co Ltd—
Traffic
Penn
Co
2 V2
:—
l
Pennroad Corp common
—1-
i„•Airlines common—
Penn Cent
1
?
3
71/4
2%
31/8
7'/4
"
8
2%
600
series preferred
& Elec class A com
$2.80
Penn
/
>
preferred
$6
84-
85%
Jan
Jun
-
1/4
;
Sioux
:
Salt
Mfg
Feb
Smith
Feb
Sugar
Prop
Penn
Water
&
Mfg
Pepperell
.*■
100
Co..——
Circle Co..
Perfect
•
common—
Power Co——
Jan
Solar
Apr
100
Jan
Sonotone
:
—
Pharis Tire & Rubber.-.
Philadelphia Co common
Phila Electric Power
Phillips
Packing
Phoenix
Securities
Governor
Pierce
Gold
Pioneer
Bess
pfd
275
~2Va
100'
:
5Va
Postage
& L E
Meter
RR
Plate
.
Glass
33
*
350
lVa
IV4
1,500
5
48
5'/4
common——
Scale
48
9%
68%
2%
100
'
9%
70
.
f 2%
2%
7%
7%
/Southern
6Va
Jan
Southern
39 Va
Jun
Southern
.Polaris Mining Co.
-Potrero- Sugar
,_5>.
Jan
51/2
Jan
Jun
63%
&
Alexander
.Power Corp
of Canada
Powdrell
__i
:
.-2%
3%
2%
12
70
"Jun
3%
3%
200
Jun
8%
Premier
Gold Mining
-Prentice-Hall
Pressed
_•
Inc
Metals
-
America—•
of Nevada—t
Prosperity Co class B_
/Producers
Providence
17%
1
common
of
18
Corp
Gas
18
Va
300
%
8
Apr
12
•3
'
41/4
>
Public
Service
2%
Jan
Colorado
—
7%' 1st preferred™.
161/4
Feb
19%
$5
$6
prior preferred..—
preferred
Apr
A
Jan
>4%
Feb
[:■
Puget Sound Pulp & Timber
■Pyle-National Co common
P.vrene
vw i
Manufacturing
For footnotes see page 2354.
-
5Va
5«/a
Jan
28%
Jan
26%
Jan
%
Jun
100
—
6.
6Vs
Standard
Feb
,
300
;
.
,
.
1
„
,
r
l'/a
13%
""
7ViMar
•
2V4
10
Jan
27%
Jan
/, Y
Jan
%
100
210
Feb
6 Vs. Jan
.Jun
5
lVa
12%
122
1
Jun "
1V4 May
23% May
—
;
Feb
May
.6
6
.
1 Va
Jan./.:
Feb
Jan
18 V Feb:
May:--
0h--'>y
,.
1/64 Jan
,.
...
•
*
,
,
■-*
:
2.78
1%
1%
....
1/64 Jan
•
;
1%
10.%
IQ.%
1%
11%
/vYY
1-50
1,700
108% 108%
/
i'
75
;
20.
" 150"
11
,
li%
v
11
.
11 Va
.
k.
Y
2%
Jan
%
Jan
V4 Mar
1% May . /
97/a Apr.i^
100
10%:Y.
:
Jun
A Jun
Va Feb
.^Y
—
1%
10
1%
200
•
;
—
1
pfd
100.
;
—
.
-I:
Y.
—
IV2 Apr .y
10V2 May.
3Va
:
Jan
14—
Jan
2
Jan
12
Feb
10
Feb
14%
Jan
103
•—
Products
Co
Steel
Tube
class
1
;
Apr
109
111
Mar
Apr
110%
Feb
A
Jan
Mar
103
Feb
B
^
Sterchi Bros Stores
*
Feb
Starrett
Stein
97%
96
43%
42
■
43%
575
35
Jan
52%
Feb
11%
12
300
11%
Jun
16 Va
Jan
5
8V4 May
BVi May
10
61/+ Apr
7
Feb
i
19
__
2d
preferred
19
Sterling Aluminum Products
Sterling Brewers Inc.—a..—;
1
20
A
Y
—1
__1
Jan
Jan
20 Va
Apr
A
;* 46
-
'
2%
r
.
Li :
-
-
5
%
'
100
•
"
Y
6Va
900
"V
Jan
2
-
'
/
,
;
4%. Feb
it- Jan
•'
-
-
.
37/a
Jan
Jan
35% Mar
Apr;-,
Apr
Apr
9V8
•
Apr "• '■?
2% May -
8
Apr
A Mar
46
Apr
8 '
34
•_«
--
Jan
6Va May
A
500
>
-
—
2%
—
Y
Mari
13 V2
100
-i>
50-.
L
Va May
19%
32
—
1% May
-A
__1
:'
May
4V2 Mar....
—
1st preferred...
5%
12
•
^1
& Co common—i.I
6%
50''•
Jan
Va May
,
.:,
...
(The) Corp voting trust ctfs._ 1..
(A)
Ul. A
.
12%
...
...
Steel Co of Canada
87
..5
i
12%
,
1..
Spring
Apr
I.;.
.
.'
Standard Silver Lead—
•
Va
5V8
*
*
Standard Power & Light—.;
Apr
*
—
42
24% Mar
•
105
Preferred
•
*
Mar
200
Common class B—i
Y
Standard
275
Jan
Jan
27
Jan
33
7%
96%
%
—
•;
preferred
4%
106
98.1/4
100
•
%
1
Oil
Jan
-
%
.
Convertible preferred;^—
6'/a Mar
'
3 '/a
35
23% Mar
28V\
....
^5-v
Brewing Co
Apr
Puget Sound Power & Light—y
Jun
Apr
Jan
30% Mar
28Va
.
—.25
Va
3
100
Apr
,
A—.25
;
(Ky)
Standard Oil (Ohio)—5%
Jan
1/4 Mar
VJan
class
Power
3l2 May
—100
•
England Telephone—100
Phosphate Co
-.
10
Pipe Line—
10.
$1.60 convertible
■
of Colorado—
1st preferred
£ 6"r,
2%
25
New
Standard
-
Feb
Jan
27%
,
*..10..
Standard Dredging Corp common..„^1 y
Feb
Jan
1
•
200
—
25
Standard Cap & Seal common
Jun
Jan
2%
_*
31%
Apr
2 Va
1% Jan
200:
25
—
Standard
Jan
3
33
IV
31»/4
-
1%
Apr
1%
31%
—25
Spencer Shoe Corp..—
.Stahl-Meyer Inc
Jan
500
+■■■•
/
preferred A
Standard
rpratt & Lambert Co
Edison—
preferred
Spanish & General Corp—
Apr
Apr
»-l% Mar
f.
2Va...
3
Jan
1%
2'/a
.
10
:■/%; Amer dep rets ord regis
«'-<*i;• '■}
7
7Va
2V2
-
*
1%; jun
200,
Feb
'
5
*
500
1%
—
—.
25.
Royalty Co
Spalding (AG) & Bros
1st preferred—-i——-.—
Jan
Feb
2% May
900
•
l7/a..
1
1
;..i
Pipe Line——
.Southland
Feb
Apr
9
551/4
8%
V Jan
1/4
2%;
Oil
'*• j-
>
1%
__
1_ Y
Southern Union Gas
Jan
1%
25c
common
10
Jun
:.47 y
V'V
1
California
Southern
Feb
43
200
7.50
1%
—
■
Feb
4%
Jun
100
;
.
..
Corp common—
Pa
original
311/4
v-lVa
300
1
._
1
preferred B—
5%% preferred series C
Apr
4% May
■
..
.
.1
—
6%
Jan
31% Mar
1,200
10
common...
5%
29%
;!£W«.
Plough -Inc
^Pneumatic
Southern
Jan
'
400
47%
10
1
Feb
4
May
1% Feb
•.
Jan
37
25
...
Valley Wine Co
Southwest
2% Mar
3% Mar
4,500
50
50
22
Apr
81/4 May
l'/4
*
Metallurgical—
-Pittsburgh
Pittsburgh
X38%
5%
*
1
96
Jan
Jun
3%
*
Ltd——
Penn
Mar
1%
3
1
common..—
Coast
South
20
__
^
Co
Manufacturing common
South
47%
81
:
25
common—..
-Pittsburgh & Lake Erie
Pleasant
89
~2 Va
*
Co
Mines
Pitney-Bow^es
Pitts
88%
preferred series A—.—10
Conv $3
'
5%
88%
II
100
Corp.—
3% May
Jan
t
5
Manufacturing
175% Jan
Jan
450
*
1
—
47%
Apr
36%
•
46
pfd
Paper Mills
(H)
105
125
2%
"
47%
;„_£1
;Solar Aircraft Co
Apr
70 V4
50
20
Co__.__——
Penn
regis
Organ...
78 Va
170
rets ord
City Gas & Elec 7%
Skinner
Soss
Penn
dep
Feb
301/4
-
85%
*
—
3%
8 V*
56
26Mar
W? •••«' A Mar
*
Light $7 preferred.^..*
&
Power
Apr
44 Jun
'•-*
•
Penn Gas
Jan
51/2
17,700
•
Pennsylvania Edison Co $5 series pfd.*
Amer
.
;
8
v
Apr
6 Va- Jun
1% Mar
-
EXCHANGE
NEW YORK CURB
K 8 f
>'
York
■::;3:/
-
Inc..
Range
Sullivan
Sun
Machinery
convertible
5Vz%
—
Oil
3%
American Gas & Electric
Jan
225
9%
50
8%
Apr
13%
11%
200
9%
Apr
12 r< Jan
9% Jan
2
8% Mar
•
800
,
a
f debs...—:
s
f
.1960
s
fdebS—;
.1870
J-J
.2016
M-S
/y-.-'V,-'j; v'
debs..
•—
V
"v" v
•
'•>•
:-2%-Jan
45 Va
10%
Feb
II
7% Jan
«•*
—
Apr
Apr
..
8
■
:
Feb
May
Arkansas
& Lt
Pr
Associated
Technicolor Inc
Texas
&
Power
...100
-86 V*
Thew Shovel
Light 7%
Tilo
Co'
pfd
Tishman
2%
—_
;
1
♦
—
14%
3%
Realty & Construction
Amer
15%
Feb
Atlanta
Gas
3% May
5%
Feb
Atlantic
City Elec 3%s— U-i—:
%
Jan
-
3% Apr
95
Y
...
Mar
95
i'\
,i'r. '
%
x
Jan
Jan
111
Mar
Va
* 700
.
95
103
Jun
85
;io
%
t
64
•30
66%
M
4%
100
1G
&
300
aa
7%
.-7%
100
3%
Trunz
Chatillon
Class
4%
3%
200
10
warrants
Tri-Continental
Tubize
.100
Corp.—
—
•
■
1
A
-v'
1
*.♦
Tung-Sol Lamp Works__L_
80c convertible preferred
~—
:
.
-v
•
lVa May
...Union
r_10
..
_*
Canada—.—
of
Gas
2%
3%
—
_.
Va
Jan
Canada- Northern
~7%
Jun
7 V2
Jun
Central
3Va
Apr
4%
Jan
§ A Central
Jan
35
Mar
1%
Jan
111
3
common—.♦V
Jan
Jun
5
Apr
United
..
Aircraft
Chemicals
.*
common—.
._
$3 cum &.participating pfd
*
.United Cigar-Whelan Stores..—__10c"
V
:
warrants..
Corp
united Elastic
Corp—_.—.————*
warrants
Option
*
—-—-ii
United .Gas A Elec Co 17* .pfd——,.106
:».
.
7
1,400
93.
5s ctfs—
5V2S A.,
B___—]
.
United Light
Power-common -A——*
—
; •
A
Common class
J'/Yii'T-:•">
United Milk Products
.
•
$3.' participating; preferred--
*
.
LI—
...
United Molasses Co Ltd— .:
Amer
rets ord
dep
V
1
1
'
f.
•>"-t
'-
S
•
'
U
S
U S
w-
T !
U
S
1st
ij: United
Wall
United
;
t
-_
—
Pictures
Jan
50% Mar
May
Jun
38
Utah-Idaho
j
Utah
Sugar
Radio
.
16%
Products
Jan
8V2
Apr
Va
Jan
May
53 Va
Apr
6%
Jun
4V2
%
Petroleum
Virginia Public Service 1% pfd
% Apr
A Mar
12% Feb
>
15 Va May
A
3*2
Apr
1% Mar
% Jan
3
Jan
%
Jan
%
Jan
5% May
87/a
Jan
6%
Mar
14
41
44%
—
3%
62
Apr
3*2
lVa Mar
A Jan
38% Jan
El Lt
Gas
Gen mtge
_•
y,;
Co
Knitting Mills...
Mining
Wayne
—1
5
—;
Wellington Oil Co.—i-.-i.-i-.
—1
Wentworth .manufacturing.
..1.25
West Texas Utility $6 preferred
_•
West Va Coal & Coket.^^——5/
Western Air Lines Inc.
;—1
Grocer
3]A
48V2
—
•
i
■' '* C
■■
3 V2
—
&
(R
Williams
OU-Q-Matic
Willson
C)
Products
WilsonrJones
&
Power
Wolverine
Portland
&
—
For footnotes
see
;
6
6
24
96
97
7
104
86
85%
104
40
52%' 54V4
r
54
$100% 101
'
4.
.
-
—
84
6
74%
79%
78%
79%
80%
146
-69%
84%
78%
79%
17
69 Va
83%
78% :
787/a
79%
7
72
83%
-76% <
-77
75%
77
62%
96%
76%
78%
64
96«/2
'
">
•
.
!
*
104% 107%
:75Ve
76Va
$61"%"
5%s
Federal Water Service
M-N
1954
69%
,
93%
60
58
69
'
80%
IOC)
99
68%
49
122
— —
'V i*C:
86%
92%
123 V*
6
104 V< 105%
23
96% 102%
104% 104%. *
100
'
80 Ve
44
C2%
80
1
;;
—
—
stamped
6s-5s
*•
;
; 'i
..1961
—
"
:-y.
104% 105
25
,47>J
102% 105%
103%,104
104 V2
J-J
10
37
103
$45
>
J-D
1954
Florida Pow & Lt 5s
y
M-S
1966
Florida Power Co 4s ser C
General
Pub
104
.
,
:i'
—
.
2
—
—
r-
2%
2%
2Va
—"
57/a
Jan
6
Mar
asa
Feb
1%
86
—
900
2
Jan
13%
May
Feb
3% May
2%
Jan
95
Jun
Jan
104%
Apr
2%
-
Jan
72
94 Va 103%
74%
J-D
99%
99%
"2
99
J^D
81%
82%
2
77
86
4s__—_——.—1965
M-S
89%
89%
40
85%
90%
AGobel (Adolf) 4V2S ser A——1941
-MS
41%
53
8IV2
90
Water
General
Alden Coal
Glen
Great Nor Power 5s
stpd.—
F-A
6s series B
Power
67
81
39
47
14%
4
19
,
109% 111
84%
$82
w
96% 102
85
.
•
—
83
87
83%
86
109
108% 109
7
107% 110%
102%
100%
102% 103
41
98% 106 Va
J-D
100% 100%
36
93% 105%
,._^__1956
J-D
98 %
lif-S
.93%
90
1047/a
88V2 100
—1967
\
A-O
1953
6s ser A
1st
.
•>'•>
—-■>/■;
$82
A-O
A-O
•
"4
15%
$110%
J-D
.
-i
:
V'"
42.
15%
CJ
.
;—1954
3% s
Lt
&
41%
M-N
1966
:_Jan 1949
Jan 1949
Hygrade Food 6s ser A—,
v
83%
■
108% 108%
—
99
$79
—
2
87
$98
J-J
5s__„._—1948
Investors
Houston Lt & Pwr 3%s—...
Pwr
,
43
$108% 112
—
.J-D
.J-D
.
Grocery Store Products—1945
Guantanamo & West 6s
1958
§AGuardian
87
J-J
1950
3%——^—1963
Green Mountain Pow
$40%
__
-
—1950
West 4s
Trunk
Grand
89%
.
100%
" A-O
ref 5s series C
&
Indiana
Hydro-Elec
—May 1957
——1958
5s
5s
Service
5s
:
97 Va
'F-A
A-O
M-N
AIndianapolis Gas 5s A.-..——...1952
Indianapolis P & L 3%s——..1970
93%
6
101
101%
75
75 Va
75
J-J
36
93
Jif-N
'
1950
1950 s
98 Va
78%
6
>:>v14;:
71%
75Va
113% 114
105% 106%
71%
13
75
113%
106%'
100
10
79
10
103%
80%
80%
118
105% 107%
glnternational
i
A6V2S
A6
A7s
A7s
1
-
1955
C.
(Dec
1941
coup)
E—...
series
A7s
Sec—•
Power
series
V2 s
-
J-D
>
series
$9
12i;:/
%
9
Ji
$9%
12
...
10%
9%
10Va
9Va
"2
...
J-J
.
,
(July 1941 coupon)..—.1952
A7s
r—
74
73%
74%
37
34
35
25
F-A
1941 coupon)...:—1957
F—^.—1952
(Aug
v
9
1955
1957
J-J
>
—
2
Interstate
Mar
15
Jan
16% May
19
Mar
12
12
Mar
Power
Debenture
Power
1957
5s—
1952
6s
Light
&
4V2S
6s
J-J
1958 "
1963
Superpower
$108
'M-S
J-J
12
,
65
78%
31% 39%
107% 108 Va
6%
12 Va
3
41%
35
38
12%
Jan
13
Mar
(stamped)
Jersey Cent Pow & Lt 3V2S
1942
1965
Electric Power 3V2S——'—.1966
/ Kansas
Kansas Gas & Electric
Kansas Power &r
6s
Light 3V2S_
6% May
7% Mar
Lake Superior
2Va
Louisiana Pow & Lt 5s._
1% Jan
100
8 Va
Jun
100
6%
Jan
^
108
M-S
120% 120%
111
105
107%
106
108 I
1
108
J-J
,
1969
j
7
2
105% 106%
M-S
* 'J-D
54
120% 125 I
yy:-,: 3
111
Jan
Dist Pow 3V2S—.;—1966
$104% 107
A-O
J-D
—.1957
—
110
112
/
9
108% 109
105% 106%
107% 109
12% Jan
8%
Apr
Mar
104
Mar
3
Jun
4
Jan
Feb
2022
-40%
■
41
Jan
94
4
J-D
A Jacksonville Gas
5% Feb
100
H
88%
100«
Georgia Power & Light 5s—_—.1978
A Italian
61% May
100
94
Jan
4Va
Jan
Mar
%
"
1% Mar
27/a
^-,7
2%
67/a May
& Jan
Va May
—
V
79%
Jan
81
Feb
200
*
100
$58%
J-D
•
93%
100%
IWV*
A-O
Rayon 6s A.
—,—1948
Works & Elec 5s__1943
AGeneral
$90
J-J
15-
87%
87
A-O
Public Util'6%s A—.———1956"
Gexl
87
Jan
8% Jan
Apr
3>A ' 3% ,1,000
—
5s
Serv
90 V»
9
\
A___
1969
____——1953
3%s
Power
Gatineau
Jun
Mar
—
---
-
100% 102 %
15
101% 102 %
81%
82 Va
-80%
v
M .'iCfc
125%
120
__
65 Va
101%
M-S
.'
.'
'
76 V2
-F-A
•
99 Va 103
•.
.
M-S
108 %1100
9
27
102%
$120% 123%
;
117% 122
—
108.
102
A-O
.
100 Va 104%
2
108% 109%
$105
102'
J-D
87
1
.
—
•
28
..
„
108%
-
67
'
^ -101% 101%
$121%
—
.
-
,
59%
101 >
99% 104 %
84
__
.
'
9%
100
98
V
V $103% 104%
—
,
11%
94
.
97
4% Jan
3 Va Apr
4
IV2 Mar
2JA Jan
Mar
McCord Radiator & Mfg—
^
6s stamped
_i—
—1948
Mengei Co conv- 4%s_;a.—•—.1947."
Metropolitan Edison 4s E
1971
4s series G
1965
Middle States Petrol 6%s__—
1945
Midland Valley
RR 5s
•
-
M-N
J-J
.
A-O
M-S
1943
Milwaukee'Gas Light 4%s—:—^—1967
F-A
-M-S
M-N
82%
A
84%
$98%
..
-
$109
-
>-
-—
57%
57%
"
80
1
57%
85%
106
98% 100 i •
' 109%
107
110
99% 100
104% 105
:1!
4
99%
109% 109 Va
page 2354.
4
6
J-D
J-J
-
Finland Residential Mtge Bank-*
6Va
5s
•
101
v
57/a Jan
.1
1
11
M-8
S f deb 51/28——
___10
—
—
Empire; District El 5s--ii^-;i;.--^1952
Jan
,;«<?—
-
Woodley PetroleumWoolworth (F W) Ltd—
American deposit receipts
Wright Hargreaves Ltd
-
$122% 124 Va
5Va Mar
10
103% 103%
5%
6
1
*
M-S
4 V*
6
pfd__10O
Cement
79
1956
Apr
5
...»
...
Light 7%
4
2030
1st
1
Co__"
Wisconsin
85%
85%
85% ?
5s__^__
10
•
Heating
1
J-D
——1955
1
Co.—
99 V2 102%
101
5s
Feb
37'i:.
Inc
10014 103 V2
2
104
Light
17%
79
...
1
Williams
104
& RR
Power
Water Lt
Elmira
Apr
3% May
3V2
20
Wichita River Oil Corp
34
F-A
1st & ref 5 Vas series B_:
7% Mar
.
Westmoreland Inc.^.^...^^^ww....I0
Weyenberg Shoe Mfg
;
Eastern Gas & Fuel 4s ser A_Ti—.1956
Electric
48%
51
1st pfd__100
•
i
15
101% 101%
'<
1958
3'/a
3'A
Western Tablet & Stationery com
Westmoreland Coal
152 V2 155%
101% 102 Vz
v
^,..^.1944
Jan
20
common
Maryland Ry 7%
Western
.
1954
'——:
Cudahy ? Packing 3%s_—:
Iowa
Western
112% 114%
112
115%
153%
102
101% y
"
M-N
'
^
City)—
%
13
14,A_14.,A
Class B...-- 7
Walker
2
-
111
48V2
Wagner Baking voting trust ctfs ext__*
V/o
preferred—
100
sX,Waitt & Bond class A
—.—•
V'-
106% 114 '
104
'
-U-Tf
J-D
.M-3
•
1971
;_1969
.1976
Cuban Tobacco 5s
Idaho
__
•
Co
(Bait
4V2S
1st lien & ref
Aircraft
(Bait)—
& Pr
Consolidated Gas
Indiana
Waco
11
5
$152
M-3
-
.11952
series N„_
3%S
Apr
%
Vz
V2
3'A
Jan
Jan
v
—
__
Jan
33%. Mar
-
36%
36
—
Feb
29
Jan
'May
26
25
IV2 Mar
—
Apr
1%
26
44%
..
Jan
!S Jan
4% Jan
2% May
.100
Manufacturing
30
Jun
1% May
10
5
1
...
Jan
27 Vz Mar
500
-
—
25
.
'
108
114% 114%
-A-O
..1969
P^?t:-5%s.U
Jan
Apr
18% May
1
Valspar Corp common
$4 convertible preferred
Vogt
3V2
43
i—
6V4
25
5
♦
1
10c
1
s-_.
*
'Utility Equities common
V $5.50 priority stock....
Venezuelan
Jan
2 Va May
*
/' Utah Power & Light $7 preferred
•
—
8
1
;
43% Jaq
7
1%
—
—
—
ctfs_——1
common
Apr
4
'
'1
1
—•
*
Universal Products Co
A
59
—
50c
—2
Insurance
Universal
2% Jun
—
2 ••' Jun
•
300
2V»
—
;.
107
>114% 114% '
'■-K.
-t
%
'
—
Universal Corp voting trust
Universal
>
-
._
%
1%
2
—
...
100
•
..
Paper_T
Jun
85
Jan
3%
350
1,470
*
—
Class
I'
105% 107 Vz
;
"
*
Universal Cooler class A
,
25% Jan
% Mar
700
.
49
6%
^...i.^....^..50c
Stores common
1958
;
Continental Gas & El 5s
May
100
v
3
47%
5%
49
x57/a
•
$7 convertible preferred
1
"1st ref mtge 3s ser P^._
1st ref mtge 2%s ser
Jan
Va Jan
2%
—
CQramon...n^...L.....l.
U S Stores common
,
% Jan
23
Apr
6%
1
Reclaiming—
Rubber
Jan
i:i
4%
4%
—
5
*
1st preferred with warrants—*1
Lines Inc preferred
10
Plywood $1.50 conv preferred.—20
U S'Radiator
%
2
—
$90
^
114V2
J-D
-jra49
Consol
Jun
10 Va
Graphite common
U S and International Securities
$5
93%
,
100
10O
1,075
1
-
65.
108%
106
1
106
■
'
jV Jan
Jan
Va Mar
'
•
„
Va
Va
2 k 2
57% 58%
^
5s
5s—
5%S
Jan
'
*
..
*
__1
United Specialties common
U 3 Foil Co class B
U
-
.
1
Jan
Va Mar
/
1 81
t
%
'.<
57%
V2
72% Mar
—'
Profit Sharing^———
83 Va
>81
*
12
12%
55%
63%
107
" 107
106
107
,
M-S
-
Community P & L 5s..——1957
Connecticut Lt &.Pr 7s A
—1951
Feb
126%
—1950
Debenture
:
9'A Feb
Apr
& Jan
21
J
■
regis
25c
?
10% preferred
__a
—-alO
United Shoe Machinery common—.25
^Preferred
i....—
^25
United
81
—*
Jun
,'6
97 Vz
^24%,24%
,
12%
9%
-U,
•
A-O
-
-
!Jan 1966
Cities Service
,% Jan
Feb
5S:
Debenture
Jan
57%
Jan
200
•1^,,..,_...„13_.„, 13^,^.-1,300
^
12 Va
8%
*61%
F-A
A-O
•
..^—.1955
-
30
11%
8%
—
J-J
1927
1952'
5s—
deb
Conv
Feb
A Jan
100
93
.
450
-
8%
8%
106
J-J
M-S
1953
Rys
Service
Cities
Apr
15
Va May "
A
2 Va
7%
57% Jun
—re¬
iV
3/a
109 'A 110%
-3/64 3/64
>
Mar
13,300
•
...
■
•
—
.
—
A
109%
3-/64
-
11
"'A
—
._
common—.........1;
$7 preferred non-voting
_•
..
•&
"
..
J United Gas Corp
1st
—
!,A
___
Feb
5Va Jun
400
._
__
.
United
5'A ^5%
1:-
—
47 Va
8% '
-
J-D
5s—_—^^^19481954
Elec
St Ry
series
6s
7Va Jan
2
■
1
Products
United
—
38
8%
' '
J)f-N
<
Gas 3%s—_—.1964
El &
States
•
Jan
3V2
;
Power- 5s—1953
Central States P & L 5J/2s
-
Union Investment;
v
47
:
Feb
6% Jan
2% Apr
300
200
,
—
A5V2S
29
5 V2
4
2%s^_----._-——1970
1954
Edison
Apr
5% Mar
JJ'-
'
%
107%
Feb
f
2%
—1968
Broad River Power 5s
.
1
82%
105
"
Q-F
M-3
J-D
M-S
Birmingham Electric 4V2S
§AChicago
Udylite Corp___—
Unexcelled Manufacturing Co—
79%
-104 % 107
.124% 130
16
417/a
,
J-D
6s ——.—.1998
Bethlehem Steel
Jun
Cincinnati
|
40%
3f-N
5%
1 Va
—.
,:ii
-
V'"''" —
3f-S
*
....——1960
——
3% May
——
f
.
-
106%
J-D.
.•
i..,..i__1950
of Canada—
B
1957
Jan
%
Apr,.
.% Mar
%
%
■:
106
128
'
series
5s
5s.series C
Boston
•
———1
Trans Lux Corp..
Transwestern Oil Co
J-J
6s
Telephone
1st
,
.
35
82
105 Va
tl26
106 Va
M-S
...J.—...1947
warrants
without
Convertible
95
YY, 4
Y
M-N
1955
1964
4%s__
Baldwin Locomotive Works/—
Bell
66%
#-82%
,
86 Va 106%
<B. F.)—
Avery & Sons
5s
900
54
Jail
49
40% Apr
2% Apr
y
A«0 '
F-A
>;
—1955
.T deb 5%s. A—
Light
94%
41%
F*A
.ii—1977
14 Va May
Assoc T &
102% 109
106%
Jlf-S
J-J:
1
^1968
5%s...
.2% Mar
3'/a Mar
101%
6
106
>
Jan
dep rets def regis 5s„;
1
Todd Shipyards Corp
*
Toledo Edison 67o preferred.___-_.100
1% preferred.;
100
Tonopah Mining pf Nevada-————.1
—1949
100
.
106^
3
94%
'82%
•
'
J-J
1948
-
—
•ADebenture 5s
AConv 'deb
j
104
103% 103%
-
94%
:
A-O
5V-....'..-.—...~.-1950
900
.
.
~3
~2%
'
dep rets ord regis
Amer
100
% Feb
Tobacco:: Product Exports-————,.-*
VTobacco Security Trust Co Ltd-—
Jan
8% Apr
86% Jun.
■■■
Tobacco : & Allied ^Stocks—.u-v-—--*
AConV'deb
200
2%
.14%
i 3%
—.2
common—.^.——.-—5
Roofing Inc
50
87:
19%
165/a May
7
Jan
4,600
7%
7%
Texon Oil & Land Co—
500
,,*7%>17%^;
*
common
3 % Ma r
2% Jan
High
102
103% 103%
_
J-J
.1953
—
4%s..
deb
AConv
100.
2%
2%
,V jl
103%
,
.1956
4V2S
Elec
1
-J-Jy,-:
J-D
-
.2024
5s
§ Associated Gas & Elec Co—
AConv deb 4%s
Taggart Corp common——.i—1
Tampa Electric Co common..___——_*'
.1970
Appalachian Pow deb 6s.i.—.
■i35''1 Jan,'
,
.1961
Writing Paper 6s_i._i.
Appalachian Elec Pow 3%s.
Ajner
Feb
Low
1
103
v.s
*
•>
deb 6s
& Lt
Pow
Amer
January 1
no.
High
103
s'V.tv'i-
J-J
3%s
Jan
26
300
30%
30
u.
Corp...^—-15
•
1% .May-, -y
40
J-J
.1950
3Vas
% Mar
Sold
Co.-
2%s
•
—
Co
Swan Finch Oil
Jun
~2%
11 'A
(Calif> —-—=———25
Superior Port Cement class B com—_*
Superior
Jan
9%
■
1 .
—
-.^.1-IVa*
preferred..——50
» «..*
Bay Drug CO...:
Sunray.-
I
Range Since
Bonds
Sale Price Bid & Asked
Period
Low
Apr
.% Mar
.-v-
Interest
Exchange
High
Low
High
Curb
Week Ended June 1!)
?
~2%
—
——*
;—*
l
1
Range Since January
(Hugo)
(S) Co
Shares
II
Co common—.....—..*1
Corp.:
————5
(J B)
Stroock
York
New
for Week
Low
Friday Week's Range
Last
or Friday's
/BONDS
Sales
-
of Prices
—1
——
Stinnes
;
.
Par
Sterling
Stetson
Week's
-Friday
Last
Sale Price
r.
Curb
Exchange
Week Ended June 19
New
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4083
Volume 155
2
2
8
1101
99% 101
56
64%
102% 106
—
THE COMMERCIAL & FINANCIAL CHRONICLE
2354
NEW YORK CURB
BONDS
New
York
Curb
Interest
Last
Period
Exchange
Sale Price
Friday's
or
1st
-
P & L4%s
ref
&
1978
5s
102% 103%
106'A
105% 106 %
17
102% 103
14
100% 1041/4
M-N
110'A
»•«
110% 110%
F-A
—1945
$97
v
F-A
-•
New Eng
V-;
'■
Gas & El Assn 5s
New
New
:
•'
England
Power Assn
5s
Orleans
Public
AIncome
6s
Y State
Elec
N
Y
N
A
&
A
44%
44%
113
451/2
47
47
44%
;•
45
84
1
42
43
11
106
69%
1949
J-D
Jlf-N
1954
65%
85
24
67%
87%
115
115
'
':
vy
5'As
series
A_
J-J
1947
A-O
Nor
1948
J-J
1969
F-A
_
Ltg Prop 3'As
Utility 5'As
Cont'l
51%
;
-
AMedellin
105"
107%
114% 115
stamped
1951
Mortgage Bank of Bogota 7s..____] 947
Alssue of May 1927—
;;
4
96% 103
2
■
51%
103
6
of
A".
107% 107%
—
Ogden Gas 1st 5s
1st
2
106
mtge
k}
1945
3s
Ohio
Public
Service
4s
A Rio
106
A-0
AAA/—•A/I
$105
1962
F-A
A-0
F-A
Ltg
Pacific
Power
&
Power
&
5s
1942
Light
(State)
—
Philadelphia
%■;:
J-J
V
M-N
M-N
Philadelphia
Rapid
Portland
Gas
Transit
Coke
&
5'As
Power
1
Janeiro
Edison
•
—»
103
•
$20
26
101%
97% 101%
28%
101
101%
105
$105
22
30
108%
J-J
1956
1
104%
A Bonds
A;
105% 108
—
—
114% 114%
$105% 106%
M-N
—
9
111
106
91
•A
91
5
109% 109%
87%
l/V:
$110% 113
$102%
1959
M-S
$74%
1st mtge 3'As__
1964
J-D
106'A 107 %
106
Sinking fund deb 4s
1949
J-D
106 % 106 V»
M-S
107'/4 107%
105% 108
4'As B
a
Deferred delivery sale,
Ex-dividend,
x
in
*7!.
Public Service of Indiana
n
4s
—1969
Service of New Jersey—
perpetual certificates
Sound P & L 5'As
6%
Puget
1st
&
ref
1st &
when
3
100
76
5s
ref
series
1132
137%
J-D
101 '/b 101%
30
1950
M-N
99% 100»/«
5
1950
4'As series D
JSan Joaquin Lt
sASchulte
J-D
99'A
Heal
&
Pwr
Estate
Sheridan
South
6s——1951
Power
Southern
California
Southern
California
Southern
Counties
101%
listed
on
98
98
,
99%
1
12
102%
Indiana
Standard
Conv
P
Gas
6s
Edison
Gas
3'As
L
&
■)& gold
'%■' Date-—
6s
Texas
Light 6s
87
"during
current' week.
101%
100% 101 'A
41
Power
2
F-A
104
100
104
54
'
;
.'
A-O
104.08
54
52
1st lien &
N
J
'
trials; -v.;Ralls
105.94
105.85
106.00
34.85
106il5
'vftOAf
Bonds
105.15
106.15
108.75 A
49.13
89.67
34.46
89.51
tieav?.
.
48.85 !
-
89.53
34.69
Total
;«
Rails
89.76 A '-48.67
12.00;/
10
A-
Grade'f Utill- "»!'
"
89.78
3 89.80
:
12.13
.
Second
/
34.29
.$
y.~\
j- '" /
-
[■} ["
',*.
>•
>.48.86 :*
48.84
48.61
'
:"4-
Stocks
v».
■
93%
-w.
•
144,
93%
'88
54%
47%
53%
88.32
108.76
*
108.78
-
•88.30
-T 88.33
108.78'
« v
88.40
108.77
u
l08.84
88.36
88.28
Exchange
51%
49
35
76%
A-O
54%
54"%
9
49
54%
54 %
54%
13
49
55%
54%
55%
19
49%
76%
F-A
54%
531/4
54%
16
49
22
50
Domestic
$178,000
337,000
360,000
339,000
6,000
•53%
54%
119'/a
20%
A-0
112%
14%
10%
8,000
264,684
$2,147,000
J-J
15
shares..
15
-
15
A
'
A
J-J
M-N
J-J
106%
106% 106%
7
105
1
107
1111
116
94
95
12
106% 107
4
95
74%
Jan. I to June 19
1942
402,810
75%
14%
14%
F-A
J-D
113% 113 %
1
1959
A-O
105% 105%
\ 3
"V-
2
1941
*
11,645,072
$2,147,000
49,008
9,000
$3,692,000
12,000
34,000
$84,337,500 $126,758,000
2,239,000
i,026,000
$3,738,000
•
Total_I__
k
'
$2,205,000
$87,047,500 $129,110,000
471,000
1,326,000
86% 101
106
33
1949
'
8,579,571
111% 118
74%
$2,205,000
.
Foreign government—z—.-——
Foreign corporate—
108%
$9,000
106"%
107% 1071/4
434,000
521,000
1941
'
264,684
Domestic
18
346,000
?
Week Ended June 19
'
Bonds
359,000
367,000
1,000
$49,000
1942
Of
r
5,000
•
14,000
*
Stocks—No.
$3,000
'
507,000
25
F-A
$"(•/
$178,000
$19,000
426,000
v
'■« (Ao'.' >+•»,'-
a"
46,275
..
Total
Corporate
»
2,000
56,365
Total——
.
A-O
;AA..A!:;,AZ;.,i>
Foreign
Government
19,085
76%
18
76'A
77
»
Y.v.T:
Foreign
34,104
76%
54%
"/'
Bonds (Par Value)
*
Saturday
Monday
Tuesday
Wednesday.
ThursdayFriday
106
42%
54%
AA'A .:;A'Av>
A of
Shares)
69%
*
10
112
Co—
cons 5'As
*
;•*
12.11
23.56
'23.59
bonda
Col: a ^ *
•;aoC-:
>,«.•
Grade
34.36
12.10
Week Ended June 19,1942
103% 106%
—1950
4s
Power
Dow^Jones-
;Firsts
Indus-
34.38w,
12.14
A
10 fcA
•.
Stocks
(Number
A
60
F-A
1956
stamped,...
&
:
Daily, Weekly and Yearly
,
108
~
80%
Transactions at the New York Slock Exchange
Co—
4th
'
A10.
:•
.
65
12.15
v
/
23.63
?
•
r",Total
ties
23.47
r
106.29
i
J-D
J-D
Light
A 23.45
104.51
....
'
23.45
104.41
——
15 ;
Utili-
roads
105.70
103
1966
1960
;
^
-
;
-Bonds;
———
5s
,
"cons," consolidated; "cum," cumulative;
/'n-v^ /non-voting ' stockj/Vv t c/S votihg/trUBt certificatesr
a/.
20
trials
•
June 19"_1—104.77
98% 102
1105'A 106%
M-S
1952
United
105
1100% 101%
F-A
City Rapid Transit 5'As
6s
"
s
103% 106%
A-O
J-J
F-A
Electric
w
99'A 102%
$101
—
114%
5s
v
*/*
Transactions at the New York Curb
M-S
2022
& Light
Under-the-rule sale,
n
Imperial Oil June 18 at 7%.
96%
L. M-N
15
114'/a
Daily, Weekly and Yearly
103% 106
■
United Lt & Rys
(Delaware)
United Light & Railways
(Maine)
•
.
'•<
6s
series
A
1st
lien
&
^Debenture
.-t
«
4'As
gen
6s
series
•
! Waldorf-Astoria
A 5s
income
A—
:
.
;.
v' ;-A;A
Elec 4s
Electric
Penn
V
2022
F-A
95%
6s
.
i1
95%
89
7
10
115% 117%
92% 100
83%
99
Av
'/
M-S
^ 3
3
4
2%
4%
109%
9
3
107
A-O
102
102
102%
8
J-D
109
109
1
F-A
1959..
stpd
5s
19, 1942
•
r
Saturday
;
Monday—.—
Tuesday.
Wednesday
Thursday
:
Friday ,
1
!
73
Railroad
Number of
Shares ■
and MisceV
3,428,800
'
272,000
278,590
388,480
99% 108%
107% 117
73
1
69
■-
78
56
56
4
56
67
1947
J-D
72%
75
359,120
*—
;
—..
,
_
Stocks—No.
72%
U.
,
of
,
;•
71%
3
5,669,000
5,289,600
287,510
$9,000
18,000
1,685,280
$25,887,600
Bond
437,500
;
3
636,000
•
4 910 500
6 112 000
2,000
v
/i 5 927 600
N..
$2,059,500
*-
5,500
.
•
Sales
$2,421,000
3,718,800
338,000 /v. "
,
4,578,700:^ 313,000
i
S.
1942
—
*
77 1,685,280
78%
""•
-
—
industrial
Total
—
—
•
>
1941
;
t
2,330,640 A
v
$34,500
2,059,500
25,887,600
>
78
71
•
Government—.J.
&
Week Ended June 19
...
1
,
shares
Foreign
Railroad
^
4,572,500
.
,7vi'
H
$34,500
4,891,700
$27,981,600
108%
73
$71%
Bonds
262,840
v
Total
Government
Bonds
$63,000
Bonds
J-D
United States
Foreign
•
.
' ;
-1
Total
>•
,
$2,349,000
;
>.••'
1937
Bonds
' 108,740
—
108% 109%
107% 107%
I960
5s
109
107%
F-A
5s
2%
109%
J-D
2030
5s
to
Week Ended June
—
v J-D
stamped extended
,__A Stamped
3
1951
Traction
Co
82% 100%
1964
Newspaper Union—
unstamped extended to 1959
5 A York Rys
94%
88%
M-N
*
Western
6s
31
116% 116 %
A-,g:.^
1954
Ry &
Penn
91%
—
Water Power 3'As
West
88%
Hotel—
debs
Wash
West
A-O
1944
Wash
>
90%
Light Co—
V.'
.
F-A
*
—
1952
Utah Power &
vf•
Stocks,
5'As_1952
.
15
96%
9
1950
A
13
..
55%
92%
J-J
&
;
92
1968
Conv
53
92'A
.
1957
5s
17/B
1%
-
86
1979
AUlen
80
86
deposit
Service
^1
102% 104%
1946
of
Edison
—
177'A
78
3'As
United
■
$60%
—
1957
1
''
r
..
1
12
y
130
,44
-..1951
Dec
stamped
Water
Toledo
129
I
102'A 102%
1946
Power
5 1129
;• ;V
Rail-
June 17-wi—..—.
80%
iv 111
102%
May 1948
—
Corp inc 5s
(Hugo) Corp—
series
•—
v
23
1989
debentures
Electric
108
93%
2022
6s
Certificates
75
6
J-J
May 1948
&
3
June 13
Electric—
Power
3d
7-4s
29
J-J
1970
2d
7-4s
80%
111
92'A
1970
AStarrett
Stinnes
79%
llfr
92%
1951
6s__
Debenture
;
mortgager
■,
(Calif)—
Rys 4s
&
80%
110%
1965
3s
stamped
Debenture
Standard
A-0
9
-
Odd-lot sale,
e
sales •' being transacted
no
Indus-
103%
1957
(stamped).,
Tide
d Ex-interest,
/.
"
96% 100%
1947
Spalding (A G) deb 5s___.
Twin
$14%
Cash sale not included in year's range,
:
'30
A-0
1971
Southwestern
6s
13/4
1%
compiled by
150
A-0
!
-1970
5s
Gas
.'A/
1967
Southwestern Gas & Elec 3'As
Texas
1%
are th^ daUy closing;averages;pf >xepreseiitatiye?:stockstand
the New Yorkf Stock-Exchange as
June 16.-.
J-D
,_1951
mtge 3s
Southern
M-S
18%
15%
Below
.
June 18.x—A—.
J-D
1952
6s B
Wyoming Coal 6s
Carolina
A-0
15
10%
V
Stock and Bond Averages
,
3
.
1979
Scull in Steel inc mtge 3s
Shawinigan Water & Pwr 4'As
1st 4'As series D
6s
4
3
79
107%
132
1949
C
Harbor Water 4'As
1st
3
15'A
103
71%
June 15
i....
19%
1%
'
17
28'A
109% 110%
—
'
:
19%
..
28
13%
18
issued;' "w w," with warrants; >"x w," without 'warrants.
:;■
M-N
Queens Borough Gas & Electric— *-•
5'As series A
1952
Safe
25%
-Stocks
Public
28
__
1%1
.
receivership.
Public Service Co of Colorado—
■
y
!'cony,'V convertible;/VM,:'
104% 106%
(Can)
Corp
13
25%
107% no
A-O
Power
15%
9%
96%
M-N
stpd
13%
yA/Z;A;-? j
1%
-
:
Abbreviations used above—"cod," certificates of
deposit;
116%
105
1947
Sugar 7s
J-d
>
,
106% 108
-•••:''
1961
Potrero
AAlO /
15
104% 105%
"w i,"
f,,4'As series F
mmvm
..
$27
$14%
...
J-J
being traded flat.
§ Reported
M-S
1950
sale,
t Friday's bid and asked prices;
28
100
108
—
No par value/
Cash
101% 101%
99% 100
''
■
'
105
1962
6s
'
'
$105
F-A
;
;
$28%
J-J
-
33
*V:,
v
v
20%
32
1
•
J-J
1949
...
101% 104
Co—
E_
5s
•
7s
1919
12
'
i
M-S
1921
6%s
4
-•»
»
15%
$27
-
.-v
1959
...
Government
If
W
»
15
-
J-D
»•
i
35
2
<
J-D
1958
•
6'As
A5%s
105% 108'A
5
J-J
1972
stamped extended
V Potomac
7s
13
25
$5%
12
A-0
1931-
9%
8
3
$ll A- 12%
^
,.1972
40%
107% 110
107% 107%
J-D
-1970
—
Elec
5s
15
•'o
„_i.
5s
.
de
ASantiago
102% 106
--•/A
108% 108%
V
108
107%
101% 101%
'-v
'
$100
F-A
1977
5s
3'As
"
'4*.*,
J-J
1955
Pennsylvania Water & Power 3%s_1964
;
•
101%
1964
5s
1st mtge 3s
i£-
-
12
>
44
'
—1979
Lexington
^Penn Central Lt & Pwr 4'As
3
108%
105%
J
r
Pacific
1st
$107% 108
\>15%
1
-'..-M-N
Mortgage Bank ofChile 6s_._■
AParana
61
108%
107
A,
1948
Oklahoma Power & Water 5s
Park
$107% 108
A-0
Aug 1955
.Oklahoma Nat Gas 3%s B
-
M-N
1968
3'/4S
mtge
32
«
,
>
105
50%
1971
Power
1st
12%
33
>
'
>»y^»
J-D
...
1927—
Mortgage Bank of Denmark
ARussian
Ohio
Oct
A-
i..
•>
'
M-iT,
;
7s
k: '•
series A
.V-
High
;<
25
.
12
M-S.
?
'
25
32
»;
-•
111%
Northern Ind Public Service—
1st 3%s
r 6
33
>'
Low
, .iNon^<
.
...
Range Since
January 1
Sold
Low.
.
<
—
J-J
1952
1
'
6%s stamped.1958
9
115
51
Bonds'
44 - : 44
$43%
•
k
F-A
1953
109
•
103% 103%
•
5s
4
3VA'
100% 100%
•
■
A/'-//
1
•
•
M-N
A'": /' ■?- v.:";y
AMaranho
7s..—
.....^...1958
A
1956
North Boston
High
r
'
::
^ J-D
1948
..__1955
ALima'City (Peru)
'North American Light & Power—
'K
J-J
*
x
101% 105%
V
,
A
x$;/■■ ■■/;.*
.
iAv^A-O f^y';4¥v-
\
Valley 7s„_:
5'As
Alssue
h
of).
5
103
110% 110%
J-J
Bank
Danzig Port & Waterways—
AExternal 6'As stamped..
108%
23
107'/8 107%
'
...Jan 1947
Mortgage
Extended
70
103
J-J
2004
_—
103
(see
Danish
63
73
,72
'
1
Friday ^Week's Range
Last
or Friday's A
Sale Price Bid & Asked
62%
62%
45%
73
Bogota
ACauca
42
22
A-O
;
"
A20-year 7s
v
96%
11
-
Period
a
114
AAV 2
107% 107%
107%;
Interest
v..
<
-
Agricultural Mortgage Bank (Col)— r-v
,"t. A 20-year
7s...
April >1946
16
106% 111
38
Exchange
f
-
115% 124%
114
.!», ;
:
9%
6 ::;
,,
.,
93 Va
92
•
J-D
1964
Gas 3%s
Westchester Ltg 4s_.
5s
&
1
107%
114
M-N
1948
—Nov
Debenture
Curb
98% 100%
Service—
series
York
Week Ended June 19
■
110% 111%
$108% 113%
M-N
1954
Debenture 5'As
New
V
..
9"%
107
92%
M-S
1961
3'As
107%
'
J -D
1950
.
Power
J-J
1947
5s_
England
A-O
1948
—
,
deb
10
•'-■•'■.
99
9%
M-S
1948
5s
J-D
1956
5s
Gas
5s
Conv
*
Elec
Amsterdam
New
1981
2022
A
Nevada-California
■
A
New
'
4%s
Power
A
'
BONDS
105 % 108
102%
§ANational Public Service 5s ctfs—1978
series
Foreign Governments & Municipalities
High
100% 104 %
J-J
'
6s
Low
24
J-D
1951
Suffolk Ltg 5s
Nebraska
January 1
No.
1957
Mississippi River Pow 1st 5s
&
103%
Range Since
Sold
Low
1955
Mississippi P & L 5s
Nassau
J-D
Bonds
Bid & Asked
High
"Minnesota
EXCHANGE
Week's Range
Friday
Week Ended June I!)
Monday," June 22, 1942
$27,981,600
A, A.
Jan. 1 to June 19
.1942
49,741,858
'
' $274,000
3,591,000
24,967,000
-$4,674,300
<1941
60,617,912
'.■■-•
$9,483,000
69,110,000
78,906,000
987,498,800
947,335,000
$28,832,000 $1,061,283,100 $1,035,724,000
'
THE COMMERCIAL &
Number 4083
Volume 155
FINANCIAL CHRONICLE
2355
OTHER STOCK EXCHANGES
Friday
Baltimore' Stock
13 to
June
June
Last-
•.
.
.•
I
:
;
.
\
Low
Pat
,
.
Low
^II
14%
—
15
53c
Bendix
Range Since January 1
High
30c
Arundel
Belmont
'Shares
of Prices
;
High
'
i
1st
II
100
preferred v t c.
4%-V.
4
Apr
17 Va
Jun
96c
Jan
Brach
Jan
3'.
52.
■
4
20
52
5%
Jan
j
Mar
40;
-
Warner
Corp
,
..
| I
27%
2V/*
*
■
I
11
273/a
243/4
Class
52% Jan
;
I 31v.Jan
Feb
24% -24%
40
75% .75%
-25
48
28
23% May
B
A
2
18%
'
,
Butler
(E L)
•
Mar
Castle
.76% Feb
Feb
72
19%
16% Mar
1,228
19%
.10
1
—
i
26
26
.
100*
3
105
v
100
24%
I 24%
I
510
Co
&
Conn—
30
Lien
Transit Co
Baltimore
4s
flat
52
Jan
57
Jun
65
May
May
Jan V
42
3,000
52
50
50
58%
,5
1945
—-
.
63
63
1,000
63
100
100
1,000
100
1945
—.
Club
Commonwealth
Consolidated
Feb
72
Jun
100
Jun
Week's
Friday
Last
STOCKS—
Boston
&
100
——;
Edison
Oil
Edison
Boston
Elevated
101%
2,416
75%
Jun
.25
22%
22%
23%
1,791
19 %
Apr
56%
56%
57%
805
42%
Jan
59
Co
<ft
12
12%
46
14*%
Jan
'
j ;
•
13/a
10% Mar
5%
53/4
100
prior preferred
.
5% class A 1st pfd stamped
l'/i class C 1st pfd stamped
10 % class D 1st pfd stamped
1%
13/b
■1%
28
">:/
2%
Jan
•4
1 Va
'
100
*
1 VB
200
1 Va
Jun
2»/a
Range
Eastern
Gas
Finance
22
1 Va
Jun
2%
6% -preferred
-
Ry
SS
Eastern
General
Corp
Gillette
*'•
Hein
United* Fruit
United Shoe Machinery
Corp
System*
:
150
May
7% May
14
10
Jan
-v
9 Va May
12%
Jan
I
9%
6%
100
■
19
9 Va
23%
50
3%
7:3%
380
23%
250
15
17
650
4
4
450
33/4
37
65
36 Va
5
:
17
1
common..
—
5
common
36%
_*
V
Feb
Apr
29 Va
Jun
19
'•/
Jan
Apr
13
3% May
4% Mar
Jan
46 3/a
Apr
13/4
1 % May
v;
Feb
Feb
7
l3/a
100
Apr
5%
Feb
323/4
168
24%
Apr
40%
Jan
•
38 Va
2,350
29%
Jan
38 V»
Jun
/
17%
390
11%
Jan
17 Va
Jun
37%
17 %
37%
7%
7%
*
common
26 Va
Feb
7;5%
30%
"
common
common
Dock
/ *
..
.10
common
Rubber
Apr
3
22
•'
■
12% Mar
1%
...»
——
183/4
Jan
5%
1
common..
Brewing
capital
Bartl
11%
13
5%
53/4
24%
243/4
—1
73/4
3
25
common
Jan
Inland
100
1%
Jan
2
83/4
*
Brick
Central
Co
%
1
Steel
Steel
167
81%
Jan
91
Feb
6
400
1%
7 ;
300
4
9 V*
7% Mar
100
7%
13
•
10 Va
Feb
13
Jan
5%
700
Jun
;<
;
,!'
Jun
5%
350
73/4:
8%'Van
;•
Jan
>"
Apr
10%
Jan
3/4
-
■h APr
1V4
Apr
7% Mar
30
8%
21% May
8%
100
;
7
8% May
30
50
25
'
Co
k
III. 100
I
2%
8%
4
(W
Jan
Jan
4
Jun
28
Jan
2%
6%
29 %
Apr
Jan
35
4
May
5
$3%
223
80
Apr
101%
Jan
3S2
60
li
Jan
'
64c
18
19%
444
18%
Jun
24%
Jan
<*: 50
l'/a
Jan
1%
Apr
8 Va
May
6%
205
8%
43/3
,
4%*.
38
200
22
89
I 28
55%
58%
854
57%
58%
599
41%
41%
20
j, *
,
Field
102.
$5,000
Apr
342
40 Va
Apr
100
6%
74
Jan
51%
•
Feb
•*,
',?.
•
[•
7% Mar
5% May
59
-
West
100
70
7%
40%
'•
Mar
95%
Jan
r\l;
II
*
"
■
7
4%
4
4%
1,075
3% Mar
5V4
Jan
%
%
%
50
?a Mar
%
Jan
8
Apr
113/a
Jan
;
9%
Feb
lOVaMay
i
;
9
9%
60
10
9%
10
10%
110
I
t
11% May
153/a
Jan
8%
12%
Jan
12%
60
9%
9%
385
26 Va
26 Va
50
233/a May
27 Va
preferred—*
$2
i.
*>•-
'Jan
*
Sec
24%
24%
100
24 Va
28 Va Mar
200
2%
Jan
2%
Apr
1
12%
*
9%
1
3
•
3
3
1
common
3
Apr
Jun ■/
3'/a
3%.
200
•
4%
4%
200
Feb
Mar
4
7
3'/a
7
100
6%
Ward
&
Co
3%
28%
29%
Standard
.100
7
Bancorp
Shoe
4%
19 %
5
23 Va
19 %
10
4%
23 %
2
common
capital
North American Car common
Nunn-Bush
„
29%
common....*
common
Indus
3%
; '
7/
20
■
Apr
23%
14
Jan
4
Jan
31%
Feb
4
50
Apr
Jan
4% May
3% May
50
660
Feb
4Va
2% May
3 V8 Mar
preferred A
conv
50
_5
capital
Corp
Jun
4%
Feb
50
21%
Apr
27%
Jan
200
15%
Apr
23%
Jan
6%
Apr
3% May
.20
common
5%
5%
5%
100
*
10 Va
10 Va
10 Va
100
10 Va
Jun
11%
Feb
8%
150
7%
Jun
10
Jan
1%
150
—
2%
common.^
7%
8
Jan
Peabody Coal Co
Jan
6%
Jan
Pennsylvania
capital
50
Peoples Gas Light & Coke capital—100
(The)
Corp
104% Jan
Quaker Oats Co
'
•
Co
Apr
Jun
14
Feb
19%
40%
540
19
Jun
24
Feb
178
36
Apr
47
Jan
24
30
21
Jan
24
Jun
2
550
63
100
x23
2
V
1%
.
*
''
70
12 %
39 Va
x39%
♦
common
Jan
100
19
19
*
common
60
13%
1%
10
RR
Jan
68
13%
_.
100
(Thet
V 1^
%
68
5
common..
preferred
Process
Jun
Mar*
>
common
United
National
June
.
43%
80
common...
Noblitt-Sparks
Jan
72 Va
Jun
101
51 Va
80
*
.National Pressure Cooker
,
6Va Mar
'
91
80
Minneapolis Brewing common.—1
.
102
Jan
'27
common
Montgomery
35% Mar
37% May
35
Feb
3 Va
20
Co capital.
Mfrs
&
Northwest
50% Mar
•
16%
May
36
Midland Utilities 6 lM prior lien.*
Jan
28
Apr
49
Apr
2 3/4
35
common
Mickelberry's Food Prod
Midland
5% Jan
,
May
v
10 %
36
common
Perfect Circle
/
47
'6%
100
preferred__50
Penn Electric Switch class A—.
"7Ve
6%
-K—
!
10
Apr
3% Apr
,
25%
?-
46 Va
Jan
8
5 % May
325
400
■
100
cum
preferred
Merchants
Jan
25c
800
29%
•
0
1
common
capital
Oil Refining
Masonite Corp
Feb
Jan
1% 1.1%
56%
57%
41%
59%
1% Jan
Apr
Jan
14%
..
57%
Liquid Carbonic common———.—*
Jan
27 %
18%
.
Co
preferred
Lion
Feb
600
50
v;
B)
Libby McNeill & Libby
Apr
Jan
l3/4
12
50
55
.I*. '-
5%
2%
•
1
250
11%
2%
*
Harvester
5%
11%
«
capital
Lincoln Printing Co
■
l'/a
;*•
Jarvis
Jan
Apr
3 Va
43
28
24.28
3
22.19 May
i,
5
16%
—
1 Va
1%
100
common
Products
Kentucky Utilities jr
33c
1%
.
RR
*_10
7Va May
4% Mar
10
23.80
a".
18"%
capital
Feb
85
243/a
-
10
1
Feb
Apr
10
,
Jan
23%
32 3A
2%
—1948
A—
%
4%
103/a
23%
18% May
.
16 3/8
*
Mass Street Ry—
series
4%s
20
30
176
63A
1
18
Bonds—*.-V.
Eastern
1
12
63/4
5
Corp
193/4
29%
—
1
Feb
113/8
'-TiS't'
15
Utensil
common
!
Waldorf
f
Jan
common....._1
*
preferred—
cumulative
6%
Jun
Jun
Indiana
——5
—*
25
-25
CO———
Jan
1
9 Va
Feb
41
28c
*
(The)—
Co
Torrington
Jun
Jun
3V8
V 24%
50%
392
-10
Union Twist Drill Co——-i
2%
45
Apr
*V
4%
86 Mb
i-50
J—
1%
50
32
28
—.*
Webster——;
&
150
62%
Feb
(H W)
Illinois
!';<>■
•
*
Shawmut Association
2%
2
2
,
9%
Houdaille-Hershey class B
Hupp Motor Car common..
Middle
Stone
Feb
11
47%
k
North Butte Mining———.2.50
—
Jan
6%
22'/a
Jan
53/4
2%
'
■
New York New Haven & Hart RR—100
Folding Machine
233/4
Jan
Va Jun
Apr
Corp
Spenc
Class A
Recce
Apr
4% May
Jan
4%
———
17%
501
9%
5%
88%
-i
3,200
5%
20%
11
%r$. %
4%
RR
21%
20%
22%
Feb
86%
Pennsylvania
Feb
'
Jun
Association——1
England Tel & Tel—
J00
.
%
_•
4Va
3%
-
Narragansett Racing
Mills
2
600
Jan
5s/a
323/4
Pacific
45
500
1
Jun
Jan
Werner Motor Parts
Marshall
New
497
2%
11%
16 %
25
323/4
—
61%
Jan
104 %
45
—*
Linotype
Mergenthaler
60 Va
Feb
A Jun
tV Jun
8%
13% Mar
4%
23.80
5
7:7": 71-'77V
V:'
350
33
Apr
86% May
Jan
1%
cumulative preferred——50
6%
11%
28
30
10
84
85
0
(Del) common
Lamson Corp
;V>:V.v
200
200
Apr
°
Safety Razor Co—
200
X
14%
193/4
1
——
—
Jun 4
29%
89%
8V2
6
Co
Jan
1%
,'0
1
50
1%
100
common
capital
Gilchrist
10%
2%
0
45%
__
.
100
common
May
•;'7
1,250
29 Va
50
4%
—
100
1st preferred A
6%
i
14%
Lakes Dr &
International
St
Mass
Eastern
8%
l
Feb
'
—100
——
8%
1
7%
3 % May
89%
Corp
Motors
Heileman
& Fuel Associates—
prior preferred
*
Feb
100
May
% May
20
300
1
10
Gossard Co
Jan
5%
71
30
3%
;
Jan
A Feb
2%
common
Illinois
4%"%
79
3%
•*Si;.7N;
9%
43/e
—*
*—:
—
70
Apr
100
;v
100
Transp
Goodyear Tire &
Feb
1%
9%
-
Calumet & Hecla,*.*.*——;—6
Copper
Apr
A
1
—25
Preferred
Great
18
41%
350
'
Indianapolis Pwr & Lt
Prop Trust—
Jan
Jun
60
1/4
,
Stores.—
American
Hibbard
Boston Personal
15
16
Feb
1%
.100
Feb
11%
30
Brewing
General
Jan
/■/, 3
.1% May
50
Feb
20%
;
50
"B"
Mfg Co common
General Foods
Feb
8 3/4
Apr
5%
10
13/8
...100
7%
6%
Jan
*
Inc
General
"
stamped _————100
Common
?
RR—
Maine
&
Jan
19%
52%
29%
*25
common
common
(Peter)
General
Boston
5%
150
preferred—
Drug
Airlines
Jun
12%
;
450
«
a.
Household
Fox
24% Jan
*100
—*
——
612
Mar
Packing
cumulative
Fuller
Feb
91
75%
79%
Jan
13
5%
'
;
5
Elgin National Watch Co
High
134*% Jan
Apr
79%
Herald-Traveler—
Boston
Low
•
116%
10%
Jan
12%
.10
Corp
Electric
100
Albany RR—*;
Boston
lists
Range Since January 1
High
114
114%
Jan
Jan V
7%
10
20%
3%
♦
Dodge Mfg Corp common
for Week
Low
Par
American Tel & Tel-
Jan
5%
12
%
Dayton Rubber Manufacturing corn—_1
Shares
150
15Va
—-
common—
Eastern
Range
10
51%
.5'
common
part sh vtc
Deere
Sales
of Prices
Sale Price
1,300
250
*
Common
Exchange
19, both inclusive, compiled from official sales
1%
16
—1
part sh vtc "A"—
7%
Boston Stock
1%
1%
Co—
Cunningham
June
1% Mar
Jan
52%
pfd—*
Common
Jun
•
Co
Utensil
Common
to
13%
76
Pwr & Light
Service
Alum
Cudahy
13
23% Mar
Jun
1
—
pfd—
Vtc preferred part shares
Crane po common..**
•—
June
Jan
9%
preferred
States
Consumers
Georgia South & Florida 5%—,
193/4
150
May
«
com——50c
-
Jan
88
29,000
1975
:
90
$600
8834
i
A 5s flat—
'
$6
Util
Convertible preferred
Chicago Rys part certificates "I"
25% Feb
.21% May
Serv
West
Chicago Corp common——.
Cities
883/4
5%
635
10
1,000
20%
.:**■.•
—10
'*
common
Pub
South
Cherry Burrell Corp feommon..
Mar
,
.
—1975
indebt
23%
10
-
r_5
—
Line
Coast
15
Jun
11
'*
1%
pfd——30
Chicago Yellow Cab capital
Chrysler Corp common
Certificates of
Jan
6%
Jan
100
^
.10
(A M)
&
Prior
Bonds—
Atlantic
393/4
12
-
,
*
;
*
Illinois
Jun
.
.—2
4%
Feb
28% May
33/i May
4%
10
,10
1
—.i,;
convertible
Central
111 % Mar
Feb
/25% Jun
_
300
14
4%
12
'
■
/;
••.;
\
common...
Brothers
cumul
Central
105
.10
30%
High
11% May
3 Va Mar
150
23
•
*
-
Wire
preferred
Co
Central
100.
200
27% Jan
:
22% May
100
4%
Range Since January 1
Low
11%
4%
4%
30
30%
Shares
High
11%
,
5
capital
Fence &
5%
273/a
11%
1
—5
common
(E J)
& Sons
Bruce
.10
Low
-
9
Common———
.""82
•
5
common..
Corp
Laughltn Inc common
Brown
•
10
common
Sales
for Week
Range
of Prices
Jan
30c
487
Par
■
Corp
Aviation
Bliss &
Borg
V
Radio
i
Berghoff Brewing
13 %
271
V31
•
Manufacturing Co
"
■
for Week
Range
Sale Price
STOCKS
•■*•
Belden
Sales
Week's
Week's
Last
Sale Price
STOCKS—
sales lists
19, both inclusive, compiled from official
Friday
.
Exchange y |
62
'
r
>'
*
10
1%
56
May
Jun
3
Feb
Apr
70
Jan
,
Raytheon Mfg Co
6%
preferred
;
Rollins Hosiery Mills common...
St Louis National Stockyards cap
Chicago Stock Exchange
13
June
to
June
19, both inclusive, compiled from
Sangamo Elec Co
Sears
Roebuck
Serrick
official sales lists
South
Week's
Friday
Last
Sale Price
STOCKS—
Steel
Adams
Co
common-*——
Sales
";'~
Spiegel Inc
Shares
Range Since January 1
Low
42 %
87
4%
150
4
2%
2%
100
2
24%
24%
135
70%
71
4%
—.31125
•
Bend
Co
Works
capital
41*%
Jun
.
Apr
}'
Standard
Stewart
High
Oil
of
Indiana
Warner
Sundstrand
Corp
Machine
48%
v
-
Jan
Jan
i
Swift
&
4%
Jun
<•;
Swift
International
3
Co
Mfg
Co—.—
•
American
American
Tel &
24%
Public/Service preferred—100
&
Armour
Co
Tel Co
capital—-100
5
common—-—
22 Va
20"
114% 116%
2%
15V2
5
__
24%
15%
54%
450
3%
Jan
17%
Feb V-
4
100
25
3Va
Jan
Jan
43% May
346
4%
23%
5
52
14%
100
4%
Jan
Apr
Jun
3%
30
15%
13/4
Jun
41
23%
2%
64
57 Va
Jun
Jan
33Va
725
2%
2%
720
7
7
70
common
capital—-Ln.
capital
102%
Apr
2% May
50-
2%
2%
200
2%
2%
51
6%
v
2%
Apr
24
5%
25%
6%
5
14%
14%
14%
300
22%
22%
23
20
758
25
5
15
24Va
6
23
350
1,200
22%
23%
523
: 220
.
Apr
Jan
5
Mar
12% May
20%
Apr
Jan
27
Jan
i.
25
Jan
'
19 Va Mar
24% 'Jan
30%
39
Corp capital
Thompson (J R) common..
25
34
34%
Jan
2
5
5%
150
5
Jun
6
"Feb
Van
83
Feb
Trane Co
25
9
9%
250
8
Jan
10
133%
Jan
8
Feb
Apr
Kf
*
/
uVrf*'
-wr
+■*
'
* * *&*»
^ *
Jan
4
common..;
(J.
Union
Jun
3%
Feb
2% May
4%
Jan
S
U
S
7%
Carbide
Gypsum
United
Air
Steel
&
Co
Carbon
Transp
common
cumulative
65
capital
—
preferred
64%
66%
433
58 Va
48 V8
50
338
41
11%
12Va
190
__
20
common
Lines
capital
5
•
100
46%
7%
Apr
May
Apr
47%
1,242
44% May
108% 108%
282
107% May
46
74%
Jan
!
50
jun
;
12 Va
Jun
i
553/4, Jan
I
Jan
119%
:
•rfif. *1
I
Feb
(The)
——
•
)
6% May
19
30%
Apr
May
.
For footnotes see page 2360.
~
Apr
4%
Apr
;
Feb
5
May
.1
Mar
U
Equipment Co common
1
Athey Truss Wheel capital——."—4
Aviation Corp (Delaware).—
3
Aro
41
25
capital
common..
Tool
Texas
Allis-Chalmers
100
52%
1
.2
common
4
1 Va
200
4
41
capital
common—
Lathe
4
•
•
commons
&
B
4
1 Va
for Week
High
41%
*25
Oil & Gas Co common-
Advance Alum Castings—-
of Prices
Low
Par
Acme
/\:v Range
7
Corp
l'/a
5.
"
^
THE COMMERCIAL & FINANCIAL CHRONICLE
2356
Monday, June 22, 1942
OTHER STOCK EXCHANGES
Week's
Friday
Last
.' •:
1
\ ;v-
•
•.
•
1 .■
Par
.'*•
*
Co
Walgreen
Wrigley
Zenith
Radio
Corp
Watling, Lerchen & Co.
18%
Jan
11%
Jan
15%
Jun
25
25%
43
23 %
Jan
71
72%
37
63%
Apr
26% May
81% Jan
89
89
10
89
Jun
91% Mar
__
4%
—
'',300
5
450
53
»
12%
13%
53
13%
V-
4% Mar
40
100
,
5
Chicago Stock Exchange
Jan
Ford Building
13% Jun
8% Mar
1,300
New York Curb Associate
Detroit Stock Exchange
Jan
62 %
Apr
Members
New York Stock Exchange
Stocks—
Unlisted
*
.
Steel Corp
.-
25%
32%
34
51%
v-'
-
4%
23%
if-
—
*
common
4%
:v
—
& Santa Fe com.. .100 X
Atchison Topeka
Bethlehem
47/a
50 •i'-'V'i
Copper Mining...
Anaconda
52
540
>
3%
135
27%
r
290
;■?
4% Jan
Apr
22% May
1,361
28%
v
Jan
39% Mar
Jan
May
67
Jan
5% May
9
Jan
50
Detroit Stock
■
6
Curtiss-Wright
Electric
General
*
.1
Co
(Glenn L)
Nash-Kelvinator
common
Pictures
Paramount
Inc
Pullman
Oil Co
Pure
(The)
25%
J.
26%
1,325
21%
Apr
5%
'
■
5%
172
5%
Jun
19%
Republic Steel Corp common..
427
3%
77/a
275
14%
22
—
Jan
5%
Jan
Apr
10
City Brewers
15%
Feb
Jun
26%
New Jersey
Studebaker Corp
25
capital
7% Apr
10%
Jan
Consolidated Paper common..:
3%
Jun
Detroit
&
19
Jan
Detroit
Edison
5
14%
310
3%
260
2%
Jan
13% May
1
common
U S Rubber Co common—.—
.
—
,10
—
17%
2%
278
35%
1
—
17%
Apr
31
4
42%
Apr
Jan
—
Federal
Jan
Cleveland
-';Ms
13% Mar
18%
10% May
13%
General
Jun
50
Jan
11%
Stove
Truck
Cincinnati Stock
June
Week's
Lock
Machine—
Laundry
Baldwin
•
-20
Shares
—8
.
6
-
—
Low
Champion
Paper & Fibre
Cincinnati
Gas
19
Jan
50
6
Cincinnati Telephone
Cohen
Yards
14%
78
6%
6%
•6
May
22
Reo
Apr
6%
50
14% Apr
100
2,467
78c
Corp.
17%
16%
17%
2,359
15
Apr
1
Oil
37%
1
18%
Jan
2
873
1% Mar
2
3%
100
3%
Jan
4%
Feb
1%
100
1%
Jun
2
Feb
Jan
37%
Jun
2%
Jan
37%
37%
1%
__
1
929
1%
30%
450
1%
Jun
Jan
.68
1,650
60c
May
99c
Feb
.60
200
60c
Jan
80c
Feb
.47
1
2
.68
.60
.
...1
.50
500
30c
Jan
65c
Feb
2%
—
1
common
Mar
1% Mar
1%
1%
common
14
1%
2
*
common..
11% May
3%
1
10
2%
.19
1
200
.19
2
2
—
1
—
1%
1%
300
•
:
16c
1,250
al%
Jan
2% May
Mar
1%
23c
Jan
Jan
2% May
1% Feb
800
1% Jun
6%
6%
100
6%
Jan
8
Jan
23%
_10
23%
746
19%
Apr
27
Prod
1
common
Motors,
Rickel
Jan
16%
common
Jan
.90
(H Wl
1
—
.90
Paper
2%
2
:
common
Raisin
1,100
2%
5oc
Mar
97c
Jun
3
Mar
4
Jan
125
2
*
common
2
500
2
2
2
500
1%
Apr
-*• 2
.
2% Jan
2% Mar
.
May
Feb
86
Jan
Scotten-Dillon,
8
Feb
Simplicity Pattern common
59 % May
77
6%
6V2 May
9%
7%
10
7%
8
6%
25
5
32
6% May
5 • Jun
25
•
-
Jun
Tivoli
Jan
10
common,
Brewing
—
11%
.1
11%
1%
Jan
6%
—
Metal
__
*
common
127
64
-
Crystal Tissue-. —-——*
Jun
7% Jun
..
Jan
com
Mar
70
7%
'.i
6% Mar
1%
common
5% Jan
153
6%
'-V
7%
mi—
401
11%
common
Mfg
Davis
Peninsular
'
*
*
7%
20
458
6%
62%
50
■
(Dan)
Crosley
■
100
.—50
—
Cincinnati Union Stock
14%
77
*
El preferred
&
Street
Jun
18%
15% Jan
High
,
60
20%
Parke,
River
Cincinnati
505
lVs
Michigan Die Casting common
Michigan Silica, common
Michigan Sugar preferred
Range Since January 1
High
20%
.
10c
for Week
Low
■
&
Wines
McClanahan
Sales
Range
Par
American
Exchange
of Prices
Last
Sale Price
:
18%
11%
._
If), both inclusive, compiled from official sales lists
Friday
STOCKS—
■
High
Feb
1%
common
Brewery
Motors
LaSalle
to
7%
■
10
Brewing common
Graham-Paige common
Grand Valley Brewing common
Hurd
June 13
5c
common__10
Nav
common
Motor
Frankenmuth
5% Apr
110
18
11
1,175
18%
7%
187/s
...
Goebel
Yellow Truck & Coach class B
Low
.08
Jan
300
1,075
34%
Range Since January 1
Feb
Detroit-Michigan
Standard Oil of
Shares
High
.06
—
Brlggs Manufacturing common-—.l—*
Burroughs Adding Machine-
Apr
8%
3%
for Week
Jan
11%
3%
*•.
-
Low
1
common
Sales
Range
of Prices
Par
Auto
21 Va
13%
*
■■
Standard Brands common
Week's
Last
Sale Price
500
7%
_
Jan
217
:'X
3%
*
26
6% May
21%
.
*<
common
5%
14%
■'
—-
7%
17% May
7
..
v'
40
19%
4%
7%
_
America common
Exchange
28% Jan
STOCKS—
-
1
common
capital
Radio Corp of
:
*
capital
573
Friday
5
Corp
York Central RR
New
6%
'-June 13 to June 19, both inclusive, compiled from official sales lists
5%
.S1
1
...
5%
26%
»
Interlake Iron Corp common
Martin
DETROIT
Telephone: Randolph 5530
Radiator & St San com.
American
\
15% May
10
<■
common
High
17
15%
a
capital
Co
Jr)
(Wm
L010
16%
__
Wieboldt Stores cum prior
Wisconsin Bank shares common...
Range Since January 1 /
High
15%
—
Electric & Mfg com. —50
*>
pfd
Westinghouse
Low
■
.
Shares
—
1
Union Telegraph common. .100
Western
v
of Prices
16%
common
Pump Co capital
Wayne
Sales
for Week
Range
Sale Price
STOCKS—
1%
11%
285
1%
300
11%
i——1
.80
.80
100
65c
—*
common
Jun
15%
1% Jun
3
3
200
3
2
Apr
Feb
Mar
1.00
Feb
3%
Jan
Mar
7%
United
Apr
5% May
■
3% Feb
Dist
Shirt
U S Radiator
common
preferred
50
12
12
.70
.71
Feb-:
8% Mar
25
/
Universal Cooler B—.
''
.
*
—
'
1
300
47c
.
Jan
,12
Jun
75c, Jan
■
Dow Drug
Gibson
2
2
23
25
40
17
23%
23%
30
Art—,
100% 100%
10
"
Hilton-Davis preferred
5
■
—
\
1st
Kahn
preferred
Miami
special
50
&
; Procter
Playing Card
U S Printing
r
preferred
;
48%
28
Apr
31
8
Aircraft
1
common
Wayne Screw Prod
1%
49%
Apr
3
1%
.
52
General
9%
Los
Jan
25%
Apr
30% Mar
30
165
*
9%
9%
88
10
37%
38
*
City Ice & Fuel
Motors
Timken
9%
37%
37%
9%
May
40%
13
June
to
—
Bearing
9% May
12
19, both inclusive,
10%
Jan
38%
Jan
STOCKSPar
June
43%
32'/a Mar
Jan
Aircraft
Accessories
Petroleum
Blue
13
to
June
19, both
Central
Last
STOCKS—
,
Range
Sale Price
Brass
Manufacturing
Coach
&
1
Low
High
High
4%
4%
679
4%
Jan
4V2
Apr
6%
6%
6%
100
6%
Jan
7%
Preferred
1.30
570
200
Corp
8
Oil
Steel
■
preferred—
4%
18
y
•
Electrical
Products
82
Feb
85
Mar
Gladding McBean & Co.
11
54
" May
60
Mar
Goodyear Tire & Rubber Co
9%
;
w—
alO
57
57
10
•
8%
135
9%
alO
10%
4%
2
Jan
8
12%
12
Jan
Jun
12%
58
May
4% May
6
Jan
4
130
Jun
Jan
46%
-
Jan
8% Jan
Apr
9% May
100
18
General
•
Jan
5%
May
17%
Apr
20
64
Feb
64
Apr
Jan
Mar
57%
10
as%
5%
20
96%
Corp
—
10
common
37%
37%
38
"
415
'
:''r'
7%
100
.17%
210
11%
19
—
-
7%
17%
*
_
Jan
Hancock
Oil
*
93
30
55%
Jun
74% Mar
Holly Development Co
10
Jun
14%
Hupp Motor Car Corp
20
371
17
1
Lane-Wells
1
50
6
alio
6
110
Jan
14
14
100
1
Mar
alio
6%
•
6%
a
31%
6%
Feb
Feb
38
Jan
Jun
■
_
60
749
4% Feb
6% Mar
8%
Apr
17%
Jun
24
Jan
Jan
10% May
Apr
Motors
•'
Co
A
common
20
...
Jan
8
Apr
—
48c
—:'
50c
%
1,000 -7
%
Jan
45c
100
%
52 %c Feb
Jan
1%
5% Mar
7%
Apr
Jan
115
.—1
May
•
'
10%
100
F
al7% al7%
Rubber
al7%
Greif Bros Cooperage A
$5 cum
''--K
preferred.
a
98%
9%
9%
11%
11%
\
Jan
14
Jan
y
13
:■■■>;::
.;
10
10
38%
36
98%
Jun
-
62
17%
a38% a38%
98%
Kelly Island Lime & Tr
98%
9
413
17
41%
Jun
103%
12
Petrsleum
Lockheed
Co
Aircraft
,
Corp
10c
a6
,V:V-
Jan
Feb
Jan
Menasco
Mfg
Co
.
Merchants Petroleum
Nordon
Pacific
& Sessions.
♦
X
3%
403
3%
,
3%
Corp Ltd
Gas
&
Co
.
•300
6
6
1.00
1 .05
—
18c
150
16%
Mar
254
6
Feb
35c
Jan
7V,7
Apr
Jan
23
15% May
1
1
a7c
1
_
.
32
Mar
Pacific
Indemnity Co
Feb
Pacific
Lighting
Apr
Republic Petroleum 5%%
1st
preferred
7c
a5c
25
common
" Feb
G7o
1-.6001
500 y
1.00 May
;"•••
——
•'
■
Jan
_
1.90 Jan
8c
May
4c
Jan
8c
Apr
19%
Jan
28
Jun
38%
Jan
30%
Jan
5c
100
19%
19%
172
16
28
_
.
Electric
5
Jun
100
22c
16%
10
_
6
a22c
a22c
...1
^
Los Angeles Investment Co
'imim?
Jun
Jan
Feb
Company.
'
Lamson
70
a57%
4
Corp
10
>
Goodyear Tire &
M A,
4%
L-~
1% May
45
5%
Feb
5%
235
60%
Jan
2.70
10
•
60
8'/4
a5
1-
<■
—
,100
Rubber
B
'
V
Preferred
Lincoln
Hanna,
Corp
8
a59%
■"
"
11%
1.85
'
Chemical
Goodrich,
—
*
Corp__
1' 11
:
—
5
8
...I
___
11
...1
Co
Corp_____—
88
5
...
100
—
54
preferred.
common
Colonial Finance
Faultless
Corp.
High
Jan
2.20 May
325
6%
12%
88
100
Cleveland Cliffs Iron
250
6%
54
....
»
.
2%
1.50
Feb
*
City Ice & Fuel
2%
1.30
100
_
1,410
12%
100
Preferred
Low
1.55
*
*
Douglas Aircraft Co
4%
5
Apex Electric Manufacturing
Dow
Low
50
Body..
Canfield Oil
Cliffs
Range Since January 1
Range Since January 1
High
1.50
•
•Par
American
Shares
1.50
Shares
2
Consolidated
for Week
Low
_50c
Inc.
Co
Consolidated
Sales
of Prices
Sales
for Week
Range
of Prices
__1
Aircraft
Chrysler
Week's
Apr
Co
Invest
Cessna
inclusive, compiled from official sales lists
Friday
Jan
Corp—
Diamond
Byron Jackson
Cleveland Stock Exchange
Akron
Week's
Sale Price
Broadway Department Store Inc.
June
1%
3%
Feb
30
12
Jan
Jan
compiled from official sales lists
-Last,"
Jan
9%
560
1%
2%
Angeles Stock Exchange
June
Feb
Bandini
Roller
400
400
'
Feb
Jan
4%
Jun
Friday
Rolling Mill—
3%
Apr
Unlisted—
American
1%
3%
'
.4
common
29% Jan
Jun
42% Feb
50
31
__
>
102% Mar
May
7/a
1,200
28
10
50
Jun
Warner
Jun
23%
48
563
3
25
22%
750
3
*
Jan
Feb
100
19
47%
48'/a
—.
1%
394
48%
1
Gamble.,
Rapid
U S
27%
48%
—
2.50
Magnavox
30
-
26%
*
Kroger
Little
jL-:
100
<
22% Mar
*
28
100 I
9c
25% Mar
•V,
Mar
Feb
■
McKee
Metro
A
'
G
National
Prior
*
Acme
100
30
Refining new
preferred 6%
Nineteen
Hundred
Richman
29
Apr
—
ii'V'
36
of
Ohio
Weinberger
Drug
24%
25
«
Jan
13%
Jun
15%
y-
1%
36 %
28
:
1% May
2%
280
59
36
Jun
43
5%
40
28
Jun
28%
5%
1,174
237/a Mar
a30% a31%
——
Res Inv Corp preferred
15
...
10
Jan
29% Jan
19
7%
102
7
Jan
7%
7%
47
6
Apr
;
-
100
51
.
—
a
51
a
51
a30 % a30 %
7
52
——
Richfield
Oil
Steel
_
common
common
For footnotes see page 2360.
27
.
common
*
.
_
34%
'.y }}'-
■
'V
50
a267/a
—-
36
36
6%
_
2
Markets, Inc
34%
190
27%
36
33% May
70
22%
Apr
30?
-v
-X
36
Apr
37%
Jan
Apr
,
8%
Jan
Jan
*
■■
8
7
245
6%
S-
*
— —
_
"
8
500
6% Mar
8%
3%
3%
100
3 ; '?
5%
24%
100
24%
Jan
27
Jun
14
•-
—'
Security Co units of beneficial int..
Signal Oil & Gas Co class A
6%
24%
•mL
1
Aeronautical Co
11
Mar
8% Mar
Southern
6%
;
357/8
Jan
35%
Jan
Aircraft
1
Co
14
14
Jun
24
Jan
=
220
:
•
May
Feb
California
27
al3% al3%
46 Va
46%
126
Edison
preferred B
5%%
preferred
Calif
_
class
Gas
Pacific
27%
Jan
Standard
Oil
of
15%
17
Feb
Superior Oil Co
C
6%
Co
Ltd. .25
18%
375
1%
Jun
2%
3%
290
3
Jun
5%
Feb
18%
18%
605
15
Apr
20%
Jan
25
27%
25
a25 %
25%
147
a28%
28%
-7- '76
_
_
_
_
California
_
A.—
_
*
_
Feb
2%
pfd A— .25
_
•
Co
22% May
Co
Co
1%
3%
1%
*
Sontag Drug Stores
Southern
Electric
Republic Steel,
_
*
Corp
Roberts Public
Solar
'
Unlisted—
General
*
-
pfd
Jan
—
19%
7%
*
Apr
Southern
S
__
com
••
19%
*
Stores
6
5% May
24%
24
658
*
...
Youngstown Sheet & Tube
U
...
Corp
Jan
Ryan
5%
•
Dorn Iron Works
1%
27
14
28
vf
Bros
a
36
*
Standard Oil
al3%
1%
*
"A"____
2
209
1%
'
*
Thompson Products Inc
Western
1%
1
Otis Steel
Van
30
'
Paving Brick
National
27%
10%
11
20%
21%
30
30
154
24% Mar
23
Feb
24% Mar
237
10%
1,194
18%
Jun
28%
Jan
26%
Jan
29
Jan
13%
Feb
Apr
22%
Feb
600
28
Mar
34%
Jan
24
10
Feb
10%
Apr
-
29
180
Apr
Taylor Milling
25
(The)
Corp
0
__
a9%
9%
Volume 155
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4083
;;
OTHER STOCK
Last
STOCKS'
-•-,
.25
10%
;
;
4
172
1,892
.
High
,
4%
Jan
Apr
10% Mar
^
<
1% Mar
Wellington Oil Co of Delaware
' 705 Olive St., ST. LOUIS
;
3% May
V-i'-'-U'-'rii.
.• V-v-v-■
-Members "
Mining. Stocks-^
*
-
,
V"*:
• Phone
CEntral 7600
Postal Long Distance
Bell Teletype SL 593
v""'";;-' '-'j*.'*'
.
1
St. Louis Stock Exchange
Chicago Board of Trade
Associate Member Chicago Mercantile Exchange
V New York Curb Exchange Associate
Chicago Stock Exch.
Black Mammoth Cons Mining Co...
Unlisted Stocks—>
V,
,.,v
.VVh/.'W'-L, c
New YorkStook Exchange
,
Co—.
Alaska Juneau Gold Mining
Established 1922
•
,
S
Jones & Co.
Edward D
13% Jan
May
10
7
Vultee Aircraft
Jan
St. Louis Listed and Unlisted Securities
January 1
Low
4%
4%
*10% *10%
__
Range Since
High
Low
_2
Corp——
California.
Oil. of
Union
Range
of Prices
>ar
Transamerica
Sales
for Week
Shares
Week's
Friday
Sale Price
EXCHANGES
American -Tel & Tel Co
Copper Mining Co
Co
(111)
Anaconda
&
Armour
—.
—.
St. Louis Stock
Atchison, Topeka & Santa Fe Ry__.
Aviation
(Del)—
(The)
Corp
aio%
Baldwin Locomotive Works vtc
Barnsdall Oil CO
a9%
—
_
Aviation
Bendix
Bethlehem
51%
'"•v
Brown
General Foods Corp—,;-—:—
Loew's Inc
Corp_____.
Corp,:——
—————.
York Central RR
North
2nd
American, Co_
Packard
Pictures
Pennsylvania
Inv
common..
Sterling Aluminum common.....
5% Jun
28% May
,
75
'
'
4
Jun
6% Apr
330
110
2
Feb
250
26
May
4% Jun
.
100
21
127
15
110
12%
Feb
475
12%
Apr
9%
16
200
May
Jun
Jan'
100%
Feb
10%
•.;*
5%
7%
6
7%
55
5%
Jun
60
4%
8%
Feb
8%
6%
30
200
6%
Juns
5% Jarr
8
Jaw
■
Jun
13%
85
455
7
Juro
33% Feb
21%
18 % Jan
125
300
10%
110
Jure
16
Apr
32
Feb1
5% Apr
31
Juns
17
14%
15%
12
103
6%
7%
Apr
May
Mar
Apr
Juno
Jan)
Juro
Jun
„
__
8%
6%
6%
19
19
21%
5%
21
5V5
21Vs
89
88%
89
__
__
150
10
Jun'
Jan)
9% Jan
21
Feb
Feb >"'■6
Apr
Jun
19
15
5
220
21
May
$12,000
82
Jan
24% Mar
a25
Friday
—
11%
a 46
a46%
Last
(4
Accessories
50c
Gold Mining Co„_—10
Aircraft
20
„
.
Juneau
Anglo Calif. National Bank
Assoc Insurance'Fund Inc
Bank
Sugar .common.,
California Packing Corp
June 13 to June 19,
both inclusive, compiled from
Week's
Range
Friday
."
"
'
•
•
Last
r
'
*
STOCKS—
American Stores
American
-
——
Tel & Tel
Wheel
Co.—
—
■
Sale Price
Par
i
9% Jan
101% Apr
6
Jun
60(4 61%
185
44(4 Jan
--
*
13%
13%
—*
31%37%
31% 32(4
37% 38%
———*
4(4
MotorL—'
Lehigh Coal & Navigation
Pennroad Corp voting
A
,
18%
50
4;4$> pfdi-100
3
2nd preferred
—50
Philadelphia JElectrio Co.
Philco Corn
Reading RR
*
—
4%
>*«
14%
r
.,
-
46
-174
-
838
500
4(4
2% 3%
18% 19%
113 % 113%
•
—;
8%
% peb
12% May
125
21(4 21(4
3
trust ctfs——1
Pennsylvania RR
CreaWries
62% Jun
60%
4,063
1,792
'
28'/« Apr
29% Jan
3% Jan
2% May
17
8%
18% Jun
110% Mar
100
.
20(4 May
35
7% May
---*
1
25
Oil
Tonopah Mining
Transit Invest Corp
preferred—
Food Machine Corp
Corp
common
Preferred
United Gas Improvement
capital
-Jan
Feb
Hale
Preferred
/«
Pine
Co Ltd
Preferred
;
;
Jan
5%
Jan
Langendorf Utd Bak A——
Libby McNeil & Libby
,
*
7
106%
Jan
Lockheed Aircraft Corp
1
March
—
1
Manufacturing Co common
5%%
preferred
100
—
10
;
__
—
1
Friday.
Last
STOCKS—
'
Sale Price
.
Week's
Range
Blaw-Knox
*
*
Co—
Columbia Gas & Electric
-.-.-.-K
Copperweld Steel
Electric Products
*:
Shares
17%
5(4
1%
1(4
9
9
1%
9
5%
Range Since January 1
Low
1st preferred
Pacific Light Corp common
.
High
35
17%
5%
17%
»
16% May
22% Jan
-268
5% May
1
Jun
9
Jun
7% Jan
1% Jan
11% Jan
10
230
25
25
25
—
5%% 1st preferred,—
for Week
High
1st preferred
,
_*
_____*
__100
$5 dividend.—
Pacific Tel & Tel common_____
Preferred
—__100
—-
_*
Paraffine Co's common
R E & R Co Ltd
Rayonier Inc
—
10
*150
22
24%
11%
23%
3%
11 %
7%
7(4
37% 37%
7% ' 7%
9%
9(4
12% 12%
260
823
230
31"% Jan
6 Mar
300
160
615
30
725
32
100
330
8% Apr
11
Jari
8% Mar
33
Jun
10 Mar
6
Feb
1.60 Jun
5% Jun
4%
preferred
preferred
19%
28%
__
__
28(4
Mar
"9% Mar
18% May
2.50 Mar
10 Mar
76% Mar
140
.—
Pitt' Brewing—.
1
Walker Refractories com_100
Koppers Gas & Coke
*
preferred
Star Gas
Mountain Fuel Supply
:
National Fireproofing
*
10
*
Pittsburgh Brewing preferred—
—*
Pittsburgh Oil & Gas
5
Pittsburgh Plate Glass—.
——25
5% %
118
15% Jan
5(4 Jan
24% Jun.
7% Maff
250
12% Feb
110
100
45
250
32
43
May
May
15% Jan36% Jan
-50% Feb.
83
Apr
Soundview
6
Preferred
Southern
15% May
24 (4 Jan
240
12% Apr
15
1.10 1.10
7%
7%
150
1.00 May
600
100
90c
90c
16%
50
5% " 5%
8
8
4%
4%
1.95
1.95
19% 19%
28% > 28%
25% 26
24% 24%
27(4 27%
100
100
500
681
1,641
96%
1,084
561
145
358
10
85
86
139% 140
28
28(4
47
40
334
6% Apr
Jan
16
May
5% Apr
6(4 Mar
3% May6
1.35 Feb
15% Apr
24% Mar
22
Mar
21
Mar
22% Apr
90
Mar
72
119
Apr
Apr
22(4 Mar
Westinghouse Air Brake—
Westinghouse Elec & Mfg——'
For footnotes see page
2360.
1
*
-50
Co of California
Tide Water Associated
Transamerica
Shamrock Oil & Gas common—
Union
Oil
Jun
Apr
Feb
•
Standard Oil
25% Mar
10%
Co
of
California—:
Union Sugar common
Jun
18 Ye Mar
___.
Oil preferred.
Corp
Jun
7% Feb
9% Feb
14
Jun
13%
•
14
Pacific Co
8
*
12(4 Apr
4 Mar
13%
So Cal Gas Co pfd series A
13% Feb
13
Jun
41% Jan
13
Feb .
.
231
100%
*_•
7% Jan'
38
Jun.
8% Apr
9% Jan
160
1,200
14
:
common
Jan
31(4 Jan
Jan.
Corp common.-—
Pulp Co
108
28% Apr
Ryan Aeronautical Co—_________
Signal Oil & Gas Co class A
Jan
Jar*
80c Jure
3(4 Jaw
70
100
preferred A
Richfield Oil
Jan
Jun
70c Jan
1.65 Jan
Republic Petroleum Co common
Harbison
"88
Jan
Jut*
4(4
96%
85
.
525
300
427
148
16 %
14
4
16%
13%
16%
.
5
Pacific Gas & Electric Co common—25
Sales
of Prices /
Low
Allegheny. Ludlum Steel.———
Pacific Coast Aggregates
6%
23% 23%
11% ,-11%
20% 21
3%
3%
10% 10%
78
78%
80c
80c
2.40 2.40
23% 24(4
6(4
6(4
13
13
33
33%
44
44
93
"93
29
20%
90c
90c
North American Oil Consolidated
Inclusive, compiled from official sales lists
—
100
common
O'Conner, Moffatt class AA___———*
Oliver United Filters, class B_,—
'
*
Pittsburgh Stock Exchange
i '
7%
NatomasCo
North American Invest
2.00 Jan
12%
7%
8
1.60 1.60
5%
6%
4
2(4 Mar
16% Mar
30
Apr
61(4 Jun
33%
12%
16%
228
440
252
4(4 Feb
103V2 Jan?
- 3
• Jair
19%. Jar#
41% Jar*
•
Apr
33%
—
.
3% Mar
85
Apr
80c
__
—
650
56
45% Jan
13
,,
.8% Jaw
6% Apr
351
400
11%
_5
Calculating Machine—
Menasco
9%
__
10
*
20
10
—10
Honolulu Plantation Co—
Jan
;
.
1.85 Jar*
2% Jun)
365
1.00
—
16y8
June-13 to June 19, both
33
-
—.
Hunt Brothers common.—.
20
10
Westmoreland Coal
Westmoreland Inc
—.
_*
*
Bros Stores Inc
capital—,
Honolulu Gil Corp capital—
3%
—
2%
10
*
General Motors Corp common.—
Gladding McBean & Co
Golden State Co Ltd.——
Home F & M Ins Co
--
80c
25
common,—,——10
General Metals Corp
Jan
Jan
—
*
———*
common——*
*
;
Fireman's Fund Insurance Co
Feb
36
High
Low
1.50 Jan
1% Apr
100
316
61(4
1.00
20%
3%
10%
78
Emporium Capwell Co common—
Preferred <w w)——_
33% Feb
38% Jun
5 Jan
51
•-^
*
—*
—50
Fireman's Fund Indem Co—
10
■18(4
18
35%
——
El Dorado Oil Works
31%
*
——
—
:
Cypress Abbey Co
—
2
Di Giorgio Fruit Corp common—
.10
Preferred
—,—.100
% jan
18,4 Jan
3%
24 /a
116^
10%
22%
Corp common
Preferred——
.
18'
60%
25
_1
5
.*
of America Inc com
Crown Zellerbach
Hawaiian
Scott Paper
;
1.00
25
B—_2Va'
Edison
Commonwealth
12(4 Feb
134% Jan
7(4 Feb
*
pfd_
Columbia ^Broadcasting System
High
878
783
100
5
Electrio Storage, Battery———.
Low
10(4 10%
113% 116%
6
6 <
-
preferred
Coast Counties G & E 1st
Range Since January 1
Shares
•
5
Chrysler Corp common
10%
115%
6
'
,*
—100
*
Publishing Co common
Chrysler Corp—
official sales lists
High'-
—
4(4
88 V 88
3
3
—
:
common——
*'
Central Eureka Mining Co common—1
Caterpillar Tractor
Sales
for Week
of Prices
Low
r
common—*'
7(4
4(4
88
lists
Range Since January 1
High
7
4(4
—,10
—80
20
—
Calamba
Philadelphia Slock Exchange
"■
—•_•
California N A—
of
Sales
for Week
Shares.
1.50 1150
2%
2%
—
___
of Prices
Low
Par
Inc
Week's
Range
Salelrice
STOCKS—
Exchange
inclusive, compiled from official sales
June 13 to June 19, both
Alaska
Lone
130
.' .w*r
San Francisco Stock
a33%
a34%
25
(The)
Westinghouse Electric & Mfg—
Fort
13
102
High
low
4%
Air Lines Transport—
United
14%
Service 1st mtge 5sv-1959
St Louis Pub
3%
a22%
Warner Bros Pictures
Sun
__
Range Since January 1
a4%
U S Steel Corp
General
__
'
\
a34%
(New
United Aircraft .Corp
Prior
4%
.
BONDS—
Jersey)
Oil Co
Corp
Curtis
__
15
Electric common
—
Swift & Co——
Budd
__
*
*
1
Wagner
Studebaker Corp
United
110
5
Securities
al3%
Corp
__
common
—"
Service A common—1
.
Shares
4%
4%
6%
6%
110
110
13 % 13 V2
27% 27%
4%
4%
30
31
15
15
14
14%
12% 12 Vs
101
102
—
Dry Goods
Scullin Steel common
Webster Inc.,-
Standard
Texas
__
Scruggs-V-B Inc common——:
Socony-Vacuum Oil Co
Standard Brands, Inc
Stone* &
—
25
_____100
preferred———
Rice-Stix
Inc
Roebuck & Co,
■ ■
*
common
St Louis Public
Co
RR
Steel
Republic
——
Car Co—
Motor
Paramount
Sears
Co
Aviation Inc.
American
North
•/
4
Falstaff Brew common
1
Globe-Democrat preferred —
100
Griesedieck-West. Brew common
*
International Shoe common
*
Laclede-Christy Clay Prod common...'
Laclede Gas Light preferred
—100
Laclede Steel common
;——20
Midwest Piping & Supply common
*
Missouri Portland Cement common—25
National
Candy common
*
Montgomery Ward & Co Inc.
New
Shoe
Ely & Walker Dry Goods common
Emerson Electric common
of Canada.
International Tel & Tel
Copper
*.
American Inv common——_,
for Week
Low High
5%
6
28% 29%
20 V2 20%
Par
t
—
International Nickel Co
Last
Sale Price
STOCKS—
—.
Electric? Co_
Kennecott
I
'
.
Sales
Week's
Range
of Prices
Friday
29%
a51%
Corp-i
(fynadian Pacific By Co-,
General
9 Va
a29%
Corp
Steel
Exchange
Inclusive, compiled from official sales lists
June 13 to June 19, both
10%
86%
Jun
4
Jan
,10
May
12%
Jan
5(4 Jan
Jan
1.90 Jan
9(4 Feb
Jan
90c
19
7
Jan
Jan.
8% May.
.'4(4 Feb.
2.15 Apr.
20
Jan.
29%
-27%
25%
31
97%
Jan
Jan.
Jan
Jan
Jam
101
146
Jan
Jan
28% Jun
THE COMMERCIAL & FINANCIAL CHRONICLE
2358
Monday, June 22, 1942
OTHER STOCK EXCHANGES
j
'•'■
■
•?
1
of Prices
Sale Price
STOCKS—
Low
Par
1
1
_____20
Western Department Stores common..*
1% preferred
25
Western Pipe & Steel Co
—,-10
Victor
1.95
Equipment Co common.
Aircraft
Vultee
„l„—
Yosemite Portland Cement
Range Since January 1
Low
High
23
Jun
6%
May
100
v
•V
23
2.00
290
6%
6"%
10
6
14%
270
13
67/a
14
2.20
preferred_10
:2.20
Idaho
Mary Mines Corp
International
Kenn. Copper Corp common
Jun
2.25
Feb
Matson
7%
Jan
McBryde
Jun
15%
.'
Feb
Feb
Nickel
Navigation Co
Sugar
Montgomery Ward & Co
2.20 May
North
American Rad St
Tel & Tel
American
*
Sntry
Co
.100
American Viscose Corp
50
Copper
Mining
Anglo National Corp class A com
Atchison Top
Apr
4%
115
559
104%
Apr
128%
Jan
27
925
24%
25'A
25%
450
;■
4
3
3
a32%
a.32%
*
Hill
Bunker
33
24
May
23% May
3
191
!.
7%;
.75
,
29%
„
1
Cit;es Service Co
10
Oil
:
Corp
13%
*
Jun
Radio
28%
Jan
Curtiss-Wright Corp
4
Jan
Jun
*
Corp of America.....
Riverside Cement
32%
Jan
11%
Feb
Feb
40c
May
Jan
Standard
Electric
Co———
26
—26
150
19%
230
Brands
Oil
2%
Apr
Standard
13%
Jan
26
Jun
2914
.
Jun
Jan
13%
Jan
Apr
6%
2.60
May
10
8%
Feb
/
19
4%
r.,
.,.
Feb
Feb
314
Jun
13% May
4% Jun
1514
Apr
20% Jan
2%
175
150
,
24
Jun
30
6% Mar
of
N
J„—;
Jan
Jan
United States Steel common
28
Jan
Warner
United
'
Aircraft
Bros:
-;7'•.
.
27%
380
25
Mar
2814
Jan
25%
25%
385
2314 May
2614
Jan
3%
3%
200
a34%
35%
200
30%
Apr
4114
Jan
4%
4%
240
4%
Jun
514
Apr
a24%
25
,
Apr
24%
3214
Jan
_
...1
8%
I.
.
15
3%
*
common
29%
•
266
27%
25
;
Apr
22% Apr
•
18%
25
„
May
.
18%
25
'—
;
Feb
24%
372
3%
1414
4%
6%
4% May
6
3%
14%
A
Inc
Studebaker Corp
45
19
*
common
preferred
5Vg% preferred
U S Petroleum
General
-7%
»..'
6%
2% May
175
25%
Co
Calif Edison Ltd
11% Mar
48
6
25%
r
.
7%
Apr"
Jan
Mar
314
r
1.40 May
92
7%
Feb
2414
270
24
May
2.00
37% Mar
Jan
17
4%
6
1
Dominguez Oil Co
20
150
29%
1.50
10%
50,
Republic Steel common...
324
2
13%
a4%
/
110
200
3 %
29 Ms
36%
a 10%
•
10
.
1-
27
8 % Mar
607
8%
a2
32
30c
182
33c
8%
83A
-
_*
common..
Consolidated Edison Co of N Y
Consolidated
33c
33c
2%
25
30%
a30%
——5
Sullivan
&
common
Pennsylvania RR Co
So
Bendix Aviation Corp
Blair & Co Inc capital
Co
,
1.45
26% May
27% May
•.
Jun
26%
26%
100
& Santa Fe
3%
4%
115
__
14
Anaconda
200
4%
4%
American
:
,5c
..——l
Jan
26% May
45
,.
21
3%
*
Mountain City Copper
American Aviation—
North
Unlisted—
21
5
„_
,
4
;'.25 :
27 %
27%
*
Co
-
High
2.00 Mar
1,000
a27J/a
Canada™1*
Range Since January L
Low
2.40
a27%
of
Co
Shares
High
2.25
1
10% Mar
Apr
2.00
238
Low
Par
Jan
Sales
for Week
Range
of Prices
Sale Price
23
2.00 May
2.00
__
3%
13% Mar
60
STOCKS-
High
1.95
650
714
7%
-.
Agricultural Co
Waialua
Last
Shares
:2.10
1.95
Week's
Friday
for Week
Range
Last
'
^
Sales
Week's
Friday
V'1-.'
^
a35 %
V'
x
Corp capital
4%
.
.
,,
,
5
Mar
Jan
0.
__5
Co...
3
26% May
52
85c
*
46%
-
Pictures->i-i._".>i^..^.5.x'
85c
520
80c ?
47
510
44%
1.05
Jan
5%
Jan
4% 'Apr-:- 1
50
5%
Feb
55%
Jun
a5%
,
; »
;
Jun
46%
1
CANADIAN MARKETS-Listed and Unlisted
June
to
13
June
.Last
19, both inclusive, compiled from official sales lists
...
-■
Week's
Friday
Range
of Prices
Sale Price
Shares
Steel
Algoma
Asbestos
Bell
Breweries
Power
&
Brazilian
L
T
*
60
_•
5
13%
614%
preferred...100
19
17%
Apr
12% May
142% Apr
9%
1,137
6%
4%
175
11%
Jan
97%
13%
148
100
of)
148
Cement
(Bank
Canada
Forgings class "A"
Class
"B"
^
Jun
18
Canada
Power
„•
18%
Jan
19%
Canadian
5%
participating
7%
preferred
Class
Ind
Aluminium
29%
Jan
Beatty Bros 6%
32
Jan
Beauharnois
30
160
27% May
105
105
24%
26
125
;■
-•
.
Alcohol
*
common—
171/4
3%
5%
51/4
Mining & Smelting_____5
37%
36%
38
«_—♦
21%
21%
21%
*
22%
—
-4
;
-
Cork
Crown
6%
Plow
Consolidated
Seal
&
Co__
Canada
Mar
18
Dominion Glass
preferred
j,
Dominion
Vickers
614 Mar
Dominion
Tar
775
21% Mar
26%
440
22% Mar
24
440
12
15%
150
20
150
9
Textile
Gatineau
7%
Co
Power
General Steel
5%
& Co Ltd
(Charles)
Hamilton
414
&
85
4%
88
Oilcloth
.
6%
.
-•
35
63
Apr
6
140
5
Apr
88
Donnacona
of Canada
Feb
Eastern
Jan
Industrial
Acceptance
International
Corp
International
Nickel
International
Petroleum
International
Power
of
of
Preferred
Woods
614
6%
2%
Feb
3%
Jan
6.75 Mar
10%
Jan
105
10
.
92
May
9
Jun
14
73
97
Mar
100
22
Apr
28
«
5%
Montreal
Cottons
preferred...
Tramways
National
Breweries
Wire
Corp
3%
Power
9%
"7
Apr
12
29
Apr
36
11% Mar
10
2
87
435
89
1614 Mar
117
Jan
Jan
Mar
118
Corp
Co
/United
Jun
10%
Jan
8%
8%
Feb
8%
Jun
3%
143
4%
Jan
3'/a
115
21%
2
112
Mar
22
1,623
20
Mar
24%
45
20%
151
45
•
20%
151
5
4%
8%
8%
Apr
26
Apr
39%
Apr
34
19
>-:-V Hi
St
Lawrence
Paper preferred.
Co
of
Canada
Power 6%
Amusement
cumulative
Ltd
cum
•
Wabasso
Wilsils
Cotton
For footnotes see page 2360.
23
23
Jan
Feb
••V-
Feb
5
'
Mar
7%
11
109
15
Apr
May
15% Mar
104
May
22
Jun
Dome
Mar
Mar
7
Apr
6
340
9%
"
Jan
Apr
1.10
-,V;
Feb
Jun
7%
Jun'
4-
2% Mar
.
5
Jan
<
*
45
3%
3
r
6%
15
17%
Apr
15
2%
May
20
2% Mar
14% Mar
50
22%
10%
„■
10
1.75 Mar*
50
10
,
8'^Feb
Mar
6
30
1.25.
.1.25,
"
13
,1
ij
,75%
cura-pfd.100
13
t
••
..
Fjb
Apr*;
Jan
3% Jan
18% Jun.
13%
28%
28%
28%
.
—
*
98%
100
83%
Jan
.
,
1.05/Jan
Jun
1,50 Feb
t
Jan
15
Apr
5% May
10
Jan
10%
Apr
12% May
45
75
Jun
92
36
1214«
75 % •
6%
614
*
5% Feb
11% Jan
680
14%f.1„-v'i 715
39%
Feb
614 Apr
15
Jun
42%
42%
30
Apr
45
v|Feb
98%
99
20
100
Feb
103
Jan
85
85
45
73
May
-85
32
5%
4
Corp
1st pfd
Ltd
'
32
31
May
__
'
.100
14
*
13
44
'19
6
-Jan.
4
Jan
10314 Feb
11
Feb
14
May
13
Jun
,13
Jun
40% Mar-7U;^50%V Jan ;
7100
50
13
Jun
33% Mar
414 Apr
"4
Jan
,
10
44%
18%
...
1
25
' 20
14
>
...»
40
6
4_
103 103%
—
25
"A"
;
*
;
pfd—
(H)
"V;
50
" 105
Jan
.
13%
13%
13%
'
v>.?
50
/■*
,
425
877
.18%^
'
Mines
•
Gold
"
Ltd—LOO
:
Lamaque
Mines Ltd—:1_^I
*-V
;
Jun
Jun,.
r 11
:
_r
13
^
•
1.10 May
Preston
";^ // Vl GS
Corp
East;, Domes
Mine's
Ltd——_ri-l V,'''
Gold—_x__—
Jan
Siscoe
25
Apr
Sladen-Malartic-'Mines
27
June
43
Jan
Sullivan
14
Consolidated Mines.:..*.-
-•
'"
■' .46 Feb
7/7 - .05
Jan
Apr17% -FebM
24%c Mar^
3.20 Apr
100"
;
1.81'
•
7
-
41c ' Jan
-4.35 Jun
11% Jan
--•
*
1.20 Mar
v.
.
2.22 Jan
60c
40c
40c
vW-
-l?*>r.7^60cV..,,;j,
•7 '
1.71- Apr3.20 Jan
65c'-L 88'
60c
43c.-,2,400L;'.
*
31c
Jun
V > »7c
May..49c
26c;vi 26c
1",000 «'' ! 18c
Apr
6Qc,v.60^ ^.^.^700,..50c ;?'Mar
Jun*'
Jan
31c Jan
63C: V5 Jun '
Jan
63
63
75
58
Mar
63
Jan
Teck-Hughes...———
69
70
95
66 % Mar
70
Jun
Wood Cadillac
3
3
10
3
3
_\._C
",1.70;^..' i.70V
aw.;2 300
3c1,700
:V'; 1.55 ' Apr/ .' 2.20 '; Jan
"
214c Mar
4c Jan
Jan
Jan
41%
12
43
195
36
Feb
15
_*
15
65
15
May
10
12
605
5% Mar
43%
Home
Jan
Jun
-
1.00"
,
Oils——
Jun
16%
12
Mines Ltd——s._„-
-
3c
3c
"
1.80
.
Oil
Royalite
Co
Ltd
Oil. Co.Ltd.^
-
'.«• 4.00 Jan a*
•' '•>.••• ..kV',"'.
-Mar;*^>^2.80«r,vJari>-v1.i
10 ^':"2.08'
1,000
''"2T8:i 2^8100<
•*';65c
.1,
Ltd———1.00
1614c Jan
<
4l-3/i,4:41%1'--;1'-200 ;v'"36% May *HtV41% Jun
: '^^''70cp'':70c;-y1,000 »•' -'-65c May
> ' 88c-r:^Jan ; .
f2.00 v-2.0050,-:^ 2.00 Mar ? >
. 3.00 Jan
-v
Ltd——;;_5
■Ltdli-i.'jr.—•U*
Dredging' Ltd':i--~1.00
Mining
Jan
Feb
4.00; 4.00
• »;'
'.'n-• ••
•
r—1.00
22
12%
lOO
1
Goldfields.
Pato Cons Gold
Jun
Mar
2.00
•
MinesVxtd-l_L-.:^!.:_:.i,00 J-2.35 $2.35 .*'
Mines
..
v?'25"- v6.90 May
Malartic
Normetal
Jan
19
,
;9.75>'i
•I"*. V. -"V-
;
••
_
Mclntyre^-Porcupine
Jan
106
Gold.. Mines .Ltd...
Apr
Apt'
May
-v4.35"' 4:351007"^. ''3.0(rMar.'^
Macassa
5
4%
c
;
;,.'
19% Feeb
1.65
Gold Mines^.^_:_::::_i—;,25c" ^ 25c"
Kerr Addison ;Gold
Jan
1814 Mar
"
•
Mines
^
Francoeue
.
,100
'•
4' "
Ltd
,
11c
11c
1,000
8c
35%c35%c"
••
100
.28
2%c:')$2%c 2%c-; -^ 500
VV;: .02
.Ltd..,±y*: '15%"e15%'-:>v"'>> 200>'-410%
Cadillac
25
100
7
Feb
25
Mar
13
50
7.
12%
75
7
15
10
13
14
East
Jan
155
Jun
3
410
23
:
Ltd
Winnipeg Electric preferred...
3%
10
25%
Apr
22
.
10%
preferreed——'.—i__*'
—100
common
314
2^2%
pfdw-i^.—-lO
cum
Aldermac Copper Corp
Central
Feb
52
151
60
1.40
•
-
Jan
3% Jun
25% Jun
June
85c
125
50
Ltd
:._»i
common.—
Preferred
Viau
1.40
.100
Shawinigan Water & Power
Steel
1.40
,
10
9%
Sherritt-Gordori,Mines Ltd__;.__—.1.00
♦
23.
7%
'6
G
Candn. Malartic Gold Mines Ltd.:..—
Jan
17%
no
•
13
——_*
,
1.00
2%
3 ;
preferred.7_-_100:
Jan
40
104
;
9%
".
-.—lOOv.'.V'' ;25;7'25
Mines—
Jan
305
•19
12%
20
20
25
5 r
4
104
Mills.-ii.
85
Jan
30c
Jan
1.65
7%
Lake Shores Mines Ltd—1^iil.OOJ::'9r75
650
.100
Flour
161
S;,
Apr
21
475
480
-
Walker-G & Worts
,$1
Jan
Apr
14
Apr
*41% Mar
1,412
'
„
Jan
29
61
15
:
23%
37
5
29%
:f
115
23%
295
'37
44%
12
169
20
..25
Corp
90.
Feb
Jan
3'/a
2% Apr
2% May
314
160
preferred
Lawrence
May
2%
1,267
1.00
,
Ltd
Thrift Stores 614%
Jan
8
preferred.:.
St
23
—
Trust._.
Distilleries Ltd
Robert
So Canada
May
17%
6% Mar
"••'
Lawrence
10
1
—
„
50
Provincial Transport• Co..
,_.i.
Quebec Tel & Power Corp- MA"--—*
Jan
214
Jun
35
814
St
10
Mar
isc
18'/a
.
Jan
13%
Jun
70
414
1
142
2
1
Page-Hersey Tubes Ltd..
Power Corp of Canada—
6% cum 1st pfd
1__—
6% N C partic 2d preferred—
Jan
10
33
29
-100
...
of Canada
Knitting
50
Moore
Jan
50
-37
20%
Jan
25%
3
McColl -Frontenac Oil -6%.
Melchers
Jan
8%
23%
44%
31
Jan
7
25
118
8%
20
Quebec Power
Regent
Apr
'
9
11
15
Price Bros & Co Ltd
Saguenay
6%
.
20
*
Development
Corp
Apr
115
21%
:
Preferred
6%
1614
—
Ogilvie Flour Mills
Placer
100
24'/4
Noranda Mines Ltd
Power
6%
9
12%
3%
——
Weaving
Jun
88
25
National Steel Car
9%
118
100
Preferred
Niagara
970
16%
Light Heat & Power Cons——*
Montreal
1,290
88
100
Mont
7% Mar
/
9%
2
814
Jan
25
(Can) Ltd ,MA"..*
pfd—f *
cum
Massey-Harris Cu Ltd
Jah
9
2
*
Apr
28
1.80
,
Lake St John Paper & powers47..—-•
Jan
610
:
23%
88
...*
Jan
Jan
25
450
593
—25
20%
45
-
25%-
•
Ca Ltd
Baking
8.50
1,198
preferred
Co
Legare
cum
Companies Voting
3%
12%
McColl Frontenac Oil Co
•
.1.90
.
*
Fraser
Inter-City
32%
Massey-Harris
Jan
Mar
;
.
Jun
Jan
International Paints
12%
:
3%
17%
37
17
pfd„100
pfd
100.
Jun
74
Jan
3114
3
Jun
17
585
17%
Jan
2
———100
Jan
Mar
34%
400
17% '
Jan
12%
Candy Stores
914
1.45
148
Ltd.......
3%
3114
„
Secord
Laura
Jun
Feb
15c
•
Ford- Motor of Canada>Ltd A..;
2%
•
*'
Jan
'
Jan
314
cum
Fleet Aircraft
Apr
*
Milling Co com
Jan
110
7
1.15
3
—.
Jan.
Feb
11
..100
the
29.
1714
2%
Ltd
Preferred
Lake
Mar
v
50
15c
'
2
Canada
Co
3%
55, £
,,
,
1.25
148 V
,
~
87-
9
/' 9
common........'
Co.—
A.
7%
Dairies Ltd 1%
30
6%
*
Bronze
■
29
..
Fairchild Aircraft Limited—__——5.00
.',
190
9%
6%
109
13
375
36%
1.25
3%
20
Co
Paper
East Kootenay Power
1,786
8%
—_£1
Preferred
17%
36%
.
*
common—
3'A
23
—*
5
Oil Ltd
"A"„
....
2%
99% 100
•••
23%
High
Jan
Mitchell,
Imperial Tobacco
17%
Ltd.——*7.••'•--'7
Jan
6
Apr K-
74
10
_
18
1.25
_•
Linoleum
preferred
8.40
•
Imperial
&
Dominion Woolens
Jan
Jun
82
Apr
3%
136 7
15
B——...
Trust
Limited
Frere
3%
*
Mining
Bay
Ltd
Ltd
3%
8.40
100
Preferred
Hudson
7
Industries
2%
*
5
*
Mines
Gold
Hollinger
73
225
75
6
,
3%
*
Howard Smith Paper common
' 75' •'
4%
88
Lime & Alabas
Bridge Co
Gypsum,
4%
85% Jun
30
88
6
100
common...'
914
Jun
Feb
Jan
Mar
152% May
Jan
Jan
74
—*
Wares
preferred——
Gurd
?:?
"4%
*
preferred—100
Mar
3%
70
41/8
88
9%i,
920
Fanny Farmer Candy Shops Inc.
|
—"
—
.
88
88
100
Dryden Paper
"
4
*
;
Preferred
Dominion
Dom.
22%
78
;
75c
7
93
June
105% Mar
9% Jan
25
,
314
•
-
„
preferred————100
Paper Corp Ltd
■*
David
.100
Chemical
&
24% Mar
May
12
4
■;
Jan
24
*
110
16%
**/<■:.
Consolidated
39
12
Stores
.
7
May
May
4
240
3%
•
Interri'l Inv
614
110
9%'
50c
100
,
16 %
*
Preferred
Canadian
4
Jan
Low
93£-? 93
—
a*
Canadian
21
625
Sugar Co
—
Canadian
Jun
25
-
Feb
188
•
Range Since January I
250
16%
*
Ltd—
Breweries
Jan
Jan
4
& Dominion
3%
514
91/s
*
3% May
3614
150
Ltd
Oil Co
614 May
22%
9
9%
Jun
23%
150"
*
Mar
23%
M';;
,—
Mar
12
;
Steel & Coal B
Dominion
100
Malting Co
Canadian
Man
—25
.'
Bridge....
Dominion Coal preferred
American
Canadian
Jun
Jan
17
*
..25
Distillers Seagrams
Dominion
5
3
90
;
25% May
Jan
1,273
6%
4%
93
Brandram-Henderson
British
1%
Cockshutt
414
3
3,800
•
Ry—
.100
Corp.
Power
Shares
65c
5%
25
5%
Pacific
Apr
152
May
Sales
\
for Week
of Prices
60c
1st pfd
Feb
27
■
Jun
15
170
3%
V:i. 3%
25
;
B
Jan
Low::' High
;•
v?.65c
cum
Jun
125%
Mar
15%
220
.7
Week's
Range
_,v
*
preferred-
6
21% Mar
120
28
3%
''
W—
15%
Friday
.••••.,/
Par
.
Ltd
105 %
Feb
21% Mar
45
25
15%
v
Apr
4% Mar
210
26%
125
17%
100
...
—
105
8
25%
24%
26
125
Investment—
Foreign
Canadian
Jun
30
*
_
Canadian Converters
Canadian
Jun
30
213
Apr
153%
X 61
184"
.*
cumulative
6%
7%
25 %
5%
273%
May
7
150
Abitibi Power & Paper Co__j.
5%
877
'
Jan
147 J
272
149
Last
Apr
28
—100
Celanese
preferred
Canadian
4
27
.W—
270
270
150
Sale Price
;
,
5 % Mar
120
1,115
28
100
*
25
preferred—
Car & Foundry
Canadian
7%
5%
7%
*
Bronze
Canadian
7%
Apr
270
:
Jiiner 19,'both-inclusive,* compiled from-'Official: sates- lists
::
Jan
50
preferred
5%
5%
7%
0
Corp
Steamship
19
181
150
Montreal Curb Market
June 13 • to-
Apr
25
19
'-•iV-'.V',:
17%
Jan
141,
100
13% May
17%
100
17%
-
——
——*
—
Northern
Canada
—*
High
:
87
184
Jan
5
•
143
148% 148%
of)
514 May
102
97%
-
46
184
Royal Sank of Canada.7.--——.<100.
Jun
10
Jun
150
Low
Jan
Mar
98
97%
-
22
j
148%
STOCKS—
Canada
- 148
—.100
Jan
340
.
Bank
of)
Jan
12
9
9
•
Jan
15014
Jan
13%
9
100
Nationale
14% Jan
Jan
40
5
High
9% Apr
Jun
185
Range Since January 1
Shares
Jan
17% Mar
-
(Bank
Scotia
Nova
Apr
26
14
145
:-5
,,
Dredging.
8V4
202
9%
—:—*
Building Products A
Bulolo Gold
18
15
13
High
110
Apr
May
148% 148%
9%
P—
&
159
8%
15
148%
Mills
Silk
23
13
; V.
,
of Canada..—.100
Co
109;
35
17%
18
15
13
:—
35
24
8%
8%
common
Paper A
109
24
•
—*
*
Corp.
Telephone
Bruck
preferred.100
Corp
Associated
Bathurst
109
preferred-—'...100
Pacific Grain 7%
Alberta
Low
tor Week
""
Montreal
Low
(Banque)
Commerce-(Canadian
Range Since January 1
High
Par
-.
.
.
of Prices
Banks—.
Canadienne
Low
Par
'
,
Agnew-Surpass Shoe
.
for Week
Last
STOCKS—
Sales
Range
Sale Price
STOCKS—
Sales
Week's
Friday
Montreal Stock Exchange
♦,
-
.
•.17.%
2.35
2.3S
17.%
17%..
320
45
2.35
17
'
Feb
May
2.70
19
Feb
Jan
=
/
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
Volume 155
Toronto Stock
to June
13
June
Exchange
International
Friday
Last
'
'
Gas
Acme
&
Power
'
Low
5'4
5%
Bank
of
Bank
2%c
1,000
1.20
4,686
4C
■
4%c
4c
4%c
4c
2,65
May
Jan
1.47
Jan
900
3%C May
180
Jun
188
Feb
269
Mar
274%
Jun
319
12%
Jun
14%
Feb
1.05
Jun
1.05
Jun
12%
13
1.05
1.05
1.05
4'/2C
4%C
4%c
73c
75c
8
8
-—^
56c
94c
Jan
8
Jan
3,500
205
267/a
20
267/b
12c
10c
10c
10c
11c
7.50
7.70
9%
9%
British
Columbia
Power
Dominion
Oil
Broulan Porcupine
A
21
.
0
32 '/2c
9.30
Jan
9%
Jun
6%
Jan
Jan
35
18
Feb
22
Jan
2,500
11
Jun
29
Apr
51c
61c
Mar
9,000
36c
1.80
950
91c
Apr
2c
'500
lc
Mar
13
•
Jan
18
>
Mar
13
■2c
13
100
1.70
*
Jan
50
111%
Feb
115
Jan
32
1,260
29%
Apr
__
36%
Jan
13
1,582
137/a
Feb
9c 10% c
•
3,000
8c
Mar
20C
Jan
2,660
15c
Mar
29 %c
Jan
16 %c
17c
11% Mar
%c
%c
2,142
lc
Apr
4.U5
4.U5
4.t0
12,391
4.40
Jun
50c
49 %c
51C
1,900
40 %c
Apr
62c
Jan
—-1
Gold
Gold
9.05
9.05
9.40
1,800
6.75
Apr
12
Jan
common—0
14%
14%
14%
5
14%
Jun
15 '/a
Apr
4.10
4.10
106
3.15 May
4.15
Jan
7c
7%c
9,000
Jan
8%
225
4C
May
6% Mar
8c
8
10%
Feb
60c
Jun
1
Mines
Mines.
I
___
__
-U.1'
Lake
Kirkland
Lake
Shore
Lake
of
—
the
Woods
Milling
<1
Secord
Laura
Gold
Leitch
1
—
—
Little
%c
-
Jun
2.93 Mar
__1
55c
58c
58c
2,750
38'Ac
Feb
*
Mines, Ltd
_
—
_
1.00
1.00
1.15
2,175
92c
Apr
Long Lac
Loblaw
Macassa
Jan
2.80
Jan
2%c May
21
22
.325
197/a
Jun
25%
Jan
20
20
18%
Apr
23%
Jan
2.20
2.20
2.45
3,775
2.02
Apr
2.85
1.45
1.48
2,400
44c
44c
50c
...-i....——
--
1
Ltd
Mines,
MacLeod-Cockshutt
Madsen
Lake
Red
—
Fields
Gold
Malartic
—
.
—
1.60
1.55
2%C
5%
a
Preferred
«
common
__
Mclntyre Porcupine
Ltd
Mining Corp of Canada
Moneta Purcopine Mines
Mills,
Mercury
Jan
Apr
Apr
75%
35
74
36
41
41%
300
65c
12,900
50C
2c
8,000
lc
9%c
2,000
6%c
;
28c
43%
350
^
.
1
—
Jan
6,075 >
1.04
2'/aC
Jan
Jun
3
Mar
May
20c
Jan
Jan
10c
Apr
2
5,300
42%
t
May
95c
50
3
1.22
25c
\
1.15
43
•
3
1.20
!;!;
a
-
Jan
45%
May
9c
—
95
Apr
2c
>
Jan;?
12% May
May
58c
—-
*
Moore Corp
Jun
3%
2%
10%
; ' 74
a
—
.....
5'/a
1,140
a
Ltd—
2.75
1,695
,
Gold Mines,
V 2.22
3% May
3%
59c
Jan
1.15 Mar
1.50 Mar
100
12%
1
Jan
Jan
Jun
125
3%
Gold Mines—
McWatters
54c
29,390
.
12%
5
Mines—
Lake
McKenzie-Red
1.68
Apr
3%
__20
_
preferred— .100
Oil
McColl-Frontenac
-
>
Mar
12%
—
_
_
_
1.05
30c
8,000
1.83
2 %c
5
a
McLellan
■
2 %c
—I
Maple Leaf Milling common
Massey-Harris
Jan
20
22
A
*
Class •.B.——
1.35
1.45
class
Groc
/':v
...3
—
.
__
■
_
_
Lapa Cadillac Gold Mines—
Jun
14
-
•'47c
1
Mines, Ltd
Ankerite..___
Canadian Gold Mines
11
:/
12%c
21
20
—0
Feb
May
9c
724
16%
16%
32%
6.60 May
"
British
—
Consolidated
99
12%
-1
Preferred
Jan
6c
13,800
Jan
7% Mar
Jun
25
918
16 %
10c
6% May
1,275
9'/4
150% Jan
Apr
4%c Mar
3,000
7.50
*
Oil
142
148
8c
Apr
6% May :
10
6%
1
American
6%c
1,650
Vv
2V2c Mar
7c
*
—__0
T
9,000
148 149%
'
:
_
••
5 >
6%
148
50
preferred—
_
M
Kerr-Addison
May
30%
12%
______—
__
Mines
Jason
J
Co
May
89
113 113%
31%
«
Petroleum.
Mining
5
75
'
—
_
_
Feb
12%
*
73c.
Mines
,
Jan
1
___
Buffalo
Jan
20
0
Traction
Buffalo
6c
5%c
Jun
4c
-
-
183
_
—-
Waite
Jan
100
92
Jan
4'Ac
International
Jack
__
High
7%
5%
92
——
100
pfd
Nickel
Lamaque Gold Mines
1,200
>
Jan
May
91c
1
Bonetal
British
2%c
1.06
55c
Apr
1.75
2c
1.06
Beatty Bros class
'
Bell Telephone Co of Canada
100
Bidgood Kirkland
_1
Biltmore Hats Ltd
i___—.0
Bralorne
136
Apr
272
_
Expl—
Beattie Gold.
34c
2,050
9
183
Bear
Brazil
40c
2.00
16'Ac Mar
;
May
May
100
Class B
Bobjo Mines
37c
2.00
37c
Jan
10c
May
7 %c May
8
Jan
272
Bathurst Power & Paper class A
Blue Ribbon
200
1
Scotia.i—
Nova
4c
1,000
2,200
High
7
May
100
Montreal
of
6c
8%
1
Bankfield Consolidated
4
5
8%
6c
10 Vic
——
Mines,- Ltd
ii
10 %c 11 %c
*
——
Aldermap Copper Corp Ltd————,..0
Algoma Steel. Corpi—L_—
'
—0 •
Anglo Canadian
:
Anglo-Huronian
,—0
Ashley Gold Mining, Corp—1
Aunor Gold Mines-,..—
.1
Bagamac
Low
High
100
pfd
International
Low
High
5%
A
.100
International Milling 5%
Range Since January 1
Shares
of Prices
class
Metal
Preferred
for Week
Par
6%
Paper
Oil'
&
Range
Sale Price
""
"
•
1
Abitlbi
Sales
Week's
Low
Par
compiled from official sales lists
10, both inclusive,
STOCKS-
2359
1.40
29 %c
May
Jan
Jun
45
Jan
Jun
7
Jun
May
26
Jan
23c
Jan
39%
Apr
'
Building Products
;
1 00
700
■
97
_
Malting
Canada Steamship Lines—.
Preferred
Canada
•
—*
'7
•
50
——
103
Mar
Feb
7%
7
971
0
i 51
51
19%
19%
5%
preferred
100
Canadian Bank of Commerce______100
;
■,
May
154
Feb
Jan
140
Apr
4% Mar
6
Jan
22
Jan
25%
Jun
Jun
Power Corp
—*
_
Apr
9% Apr
14%
Jan
3c
3%c
Jan
Mar
>
7
65
9
«
Pacific
Ry
Canadian
Wirebound
40c
;*
—0
preferred—.
40c
200
25c
115
>10
115«
Gold
5%
Apr
17 Va.
17%
Will
Coniaurum
Bakeries
83c
Consolidated
Smelting.
36%
112
21
25
:—0
50
Dominion Steel class B
:
25
Dominion
Stores——
0
Dominion Tar common—.——0
Dominion Woollens preferred—
20
pfd
1
Duquesne Mining Co—
0
•'—1
—1
Malartic
Ltd.
Eldorado Gold Mines,
21
——
Famous
Canadian Corp
Players
0
1
Farmer.
Fanny
Federal Kirk
:
Gatineau
Power
Lake
Mines,
Jan
12c
May
Ltd————————1>
Golden, Gate.———————si
Goodyear
—0
Goldale Mines
50
—
Mines
Feb
>
Ltd.—r___—_i0-
Harding
Carpet
Rock.—
Hard
1
—
Hollinger Consolidated Gold Mines—5
Home
Oil—'
Homestead
Howey
Hudson
Mines
Bay
17%
17
17%
1,095
16%
Apr
18%
23%
23%
10
23%
Jun
24
9
8%
9
770
6%
Jan
110
3
?'
2%c May
10c
Jan
500
Mar
4c
Jan
2.30
Jan
1.65
1.47
1.50
5,925
40 %C 43 %c
40 %C
17%
16%
17%
15
Mar
22
Jan
l%c
500
:
,
25c
1,000
22c
v.
•
32c
3%
Jan
18%
Jun
19c
Apr
52
4%
6
Apr
':
.
May
79%
6
May
Apr
lc
5,000 '•
lc
Apr
lc
Apr
lie
850
9c
Apr
20c
Jan
9%c
3,500
97/aC
97/8C
'
1%C
2c
17,300
>> 42
42
100
1%C
48%
48%
120
487/b
2
25
2
13%
.13%
•'"'9C
>
9c'
>2,600
lc
>
Apr
37/aC Jan
Apr
60
50
%c
2.20
%" N3%
2 %"•
3
175
41c
42c >
4,000
2,075
2%
Apr
32c
3%
Apr
"2%
Apr
,
2.27
2.25
-2.36
,.4.185
2.25
22,000
2%c
800
14c
23
23
23%
360
21%
—100
180
178
8%
8%
9
9%
9%
27c
•
30c
10
..
2,006
1.35
Feb
1.65
1.75
:V
Jan
47/a
Feb
3.20
Jan
39c
Jan
4c
Jun
3c
Jun
1.64 Mar
Toronto
Jan
18c
May
Jun
2,465
62c
Jun
97C
70c
8%
60
7
7
295
1.00
76
42c
> 44c
Jun
7
Jun
4
3,200
30c
May
49c
Jan
17c
Apr
34c
Apr
6c
June
5c
4.400
1,000
63
63%
lc
2%c
Mar
63%
Jun
70%
Jan
57
70
25
67
1.52
16,100
—1
_
12c
12c
12c
3,500
8%c
1.55
1.55
1.60
250
1.15
.1
Mines
60c
60c
600
.
60c
.
.100
57
57
1.55
1.55
9%
10
40
1.70
1.81
5,035
a
...
_
_
1.70
a
...
....
_
.
47%
Jun
69
69
5
68
30c
1,000
...
_
...
...
Waite-Amulet
(Hiram)
__
....
Mines,
Electric
class
a
A
Yankee
Gold
30
Apr
36
29
4
28,400
4.75
1,486
59c
3.00
11%C
1,500
5%c
4.35
1,120
4.05
42%
44%
18%
19
18%
1,500
9%
10
92
20
153
1.15
12%
75
75
2.30
2.50
3c
Jan
Apr
Jan
Apr
5.00
Jun
Jan
13c
May
Apr
4.80
Jan
50
Jan
>
21
Apr
Jan
14 %c Mar
Apr
29
Mar
Jun
3c
'
Apr
11%
Jan
Jun
94%
Jan
75C
Apr
1.15
Jan
55
1.15
10%
Mining—.
18
135
90
10
3%
4'/a
1.24
Mar
8c
220
92
2.30
?:•
40
175
29
27
■
297
>
6
May
12%
Jun
10
70
Mar
80
9%
90
3,950
■
>
'
Mar
Apr
2% Mar
335
97c
Jan
2% Mar
210
3%.
87c
14c 14 %c
a
Girl
31
4.25
12%
Wright-Hargreaves
Jan
3%
.100
pfd
Jan
10%
27
—
James
5c
Jun
3%
—1
100
Alexander &
Feb
Apr
6%
1.50
19
Western Canadian Flour Mills pfd. .100
a
Weston (George) Ltd common
Preferred
3.25
lc
1,917
42%
a
a
...
Preferred
50
5,000
7%
10c
...
G & W common-
....
2.50
4.25
_
a
Ltd
Feb
Jan
30
88c
a
...
50c
May
4%C
4.60
-.4.:
1
Jan
84% Mar
4c
3%
—
.
50
r
6%
'
_
Jan
106
Apr
28c
Jan
8%
Jan
50
_
Upper Canada Mines Ltd..
2.34
Jun
20
Jan
11% Jan
Apr
47%
6%
.
...
_
„
_
Steel
....
6%
97
}• '.'V
a
_
1.55
5
2.50
1
.
1.98
8% May
26
....
..
Jun
63/4
a
Transit
Ltd
Jun
28 %c
a
Resources.
65c
57
100
——
Jun
Jun
41 '/2
__50
1.70
Apr
100
'>■■■>■ l:.
..50
>:
1.15 Mar
•P3/,
..
_
May
Apr
Jan
13%c Mar
57
200
1.55
1.96
50c
10
.1
Jan
Jan- V
Mar
Apr
1.3C Mar
75
70
1.36
>
,
r
Jan
13,000
63
Jan
2.00 Mar
89%
25c
1.40
7%
Mar
May
2%c
__
8%
Apr
65
2%C
;
Apr
1.00 May
5
90
v
2c
!
Jan
6'A
6.
10
41/2
1.00
_
United Fuel A
Ymir
Jan
80c
74
_
Rapid
Wood
2.05
Jan
Apr
64c
a
common.
Mines
Winnipeg
19%
Mar
25c
_
Preferred
May
9c
•4%
_
preferred
Hosiery
B
155
68c
a
City
Walker
146
May
1,900
8%
1.00
a
Gold
Vermilata
2c
Apr
2,600
7
25
_
Uchi
Ventures
27/aC
17c
64c
__
Union Gas
Apr
77c
2%c
_
Mortgage
Class
8c
15c
8%
1
Canada
Transcontinental
United
»
74c
a
Toronto Stock
13
to
June
1.81
500
2%c
Jan
2.90
Apr
Apr
r
Jan
,5c
Feb
Exchange-Curb Section
19, both
compiled from official sales lists
inclusive,
3%
Last
Jan
Jun
Par
Jan
Jan
Bruck
Feb
Canada Bud Breweries
Silk
175
,
Jan
Corrugated Paper Box pfd
Jan
Montreal
Paper
Consolidated
Press
Mar
9%
Apr
20c
Apr
204
>.
9
12%
30c
Bridge
Jan
Oil
Pend-Or'elle
Jan
Ltd—!
Co
Power
Jan
Selections
5%
1.80
1.80
5
Apr
5% May ,;
2.00
689
3%
Jan
4
215
2
Apr
4
Jun
60
10
50
Mar
69
Apr
24
Mar
100
0
23%
23%
24
22
21%
22
1.60 May
185
*
45
0
0
5
60
Ltd
1
Feb
3%
0
;
Metals—
..J
May"
4%
100
5%
60
Ltd
Mines &
Stop & Shop Ltd
4%
5%
High
Low
,4%
26
*
Apr
Jan
Range Since January 1
Shares
High
0
20c
Consolidated
Low
0
6%c
Apr
7%
Ltd
27%
Feb
Jun
M:lls
for Week
Range
of Prices
Sale Price
STOCKS—
;;
Sales
Week's
Friday
2.70
Mar
.195
2,500
Apr
—.1
55c
Jun
3,515
•
16%
a
Toronto Elevators preferred.
Dominion
,
35
148%
a
10.50
6.70 Mar
•8.65
180
17%
4'/a
Apr
%c Mar
8.40
-
16
3.00 Mar
8.40
;
147
151
Jan
Apr
%c
•
2,000
"
—1
Jan
3%
1.90 May
,>,275
1
3c
1
Petroleum
Feb
13c
2% Mar
2,000
3c
Jan
Apr
3
Jun
16%
7%c Mar
-
10,300
75C
Mar
27/a
2% Mar
1% May
11% May
770
4c
42c
Jun
Jan
Mar
39
•
■
11'Ac
May
-31%
140
3
3%
6%c May
3%c
4c
_
June
2.15
2,20
~
252
,'x
3%
%c
41c
'
1,100
_
Preferred
"
lc
,
20c
_
Tip-Top Tailers common.
Jun
11c
4
lc
20c
1
...1
Teck-Hughes
Jan
77% May
Apr
5
50
6
6
70
10
16,402
15c
Wendigo Gold Mines
Apr
61%
42 %c
'
79%
Jun
Apr
75
75
Jan
14% Mar.
1,800
5%
2%c
Apr
May
2%
2.18
1.95
1
1.65
_
Tamblyn Ltd
Jan
Jun
200
79%
Jan
17
2,000
5%
3.60
Jun
3%
74%
75
49 %c
17
18%
22c
Feb
25
17%
18
Apr
275
-
1.95
_
....1
....
Twin
2.55 May
155
17
17
32c
2,900
2.60
2.60
1.22
25
4
'
6,000
16c
Feb
Jun
2%c
3%c
2360.
4
8
3%c
3c
For footnotes see page
Apr
3c
2c
140
4
common
Sullivan Consolidated Mines.
Mar
5
2%C
16c
u—_5
Inspiration Mining & Devel Co..——1
Apr
6% Mar
16c
i
Jan
May
100
3%c
3,400
4
4
Jan
8
7%;
IV2
> 3c
Imperial
;
—
Imperial Tobacco ord—_—
9'A
Jun
-J— 1
Bank
Oil
15%
23%
———1
—0
—
Gold
Imperial
—
191
May
4
59c
4
■
1
_
Sylvanite
—1
Ltd——1
Basin
Supersilk
3%
Jan
Jan
57c
1
Jan
2.20
1
River Gold
Sturgeon
Sud
Jan
4
1.35
2.35
1.30
—50C
Rock_
Jan
10
1.00 Mar
1.38 May
.100
of
Co
Jan
Gypsum
Hallnor
Jun
4
Jun
'
•Preferred
Steep
17%
3'/8
Hamilton Bridge->Co
6c
4
19c
1,900
Lake
End
97%
„
Mines
Jun
11
Feb
1.915
a
South
25%
20
12c
4.015
_
..
.....
Slave
May
12
Jan
2,155
1.05
.100
_
_
_
Sladen-Malartic
Mar
12
85c
16c
1.41
a
Gold
Siscoe
10% May
12
Jun
j: Mar
1.90
-
Preferred
90
(voting trust).—0
v'v Preferred
(voting trust)
id
Gunnar Gold VMineSii^Hi^ii-il^l^-
Gold
Apr
May
Jan
50c
92
17%
Mines
_
Dairies
B
21
Great Lakes Paper
Halliwell
Class
Steel
17%c Jan
> 55c
172
103%
2,950
15 %C
—1
....
...
Simpsons class A
10
—
Preferred
Jan
2%c Mar
29'
25
52c
1.05
Preferred
155
Wares——
Mines Ltd—
God's
Jan
21%
3%
——0
:
1
Ltd—.——0
Steel
Gold
39
132
4%c May
May
99
50c
1.80
_
Sherritt-Gordon
Silverwoods
1,328
-
2c
Jan
1.39
_
Ltd
Rouyn
93
common.—..—*
Glenora
Jun
May
Co
Creek
15%
32c
100
5%.% preferred...!—-.—i.e.—100
Senator
Sheep
93
173 y* 175
1,100
>
1.40
._
Oil
14%
22%
2%c
98%
•...
a
Long Lac Gold
22%
32c
5*%>. preferred
10% Mar
May
36,600
2%C
98%
y.
_
San Antonio Gold Mines Ltd
Jan
18
30c
Roche
Jan
Jun
110
700
479.250
...1
_
Gold Mines Ltd
14%
0
General
.>
14c
.1
_
_
Queenston
22%
———
—
92c
Feb
36%
May
12 %c
May
'
6% May
35
1,000
5%c
0
————0,
Jan
104
390
-
55c
4%c
74c
Jan
Mar
10
l%c
Francoeur Gold Mines
,
160
1%C
Federated Petroleums
Ford class A
800
——;~1
———
Fleet Aircraft
75c
10%
55c
5%c
5%
245
12 %c 12 %C
_*
Falconbridge
Apr
>
60c
75c
1.50
May
115
21
70c
46c
38
115
common..-
Oil——
7,303
8,250
90c
37'A
preferred—
Dominion-Scottish Inves 5%
Eastern
Jan
10 %
Dominion Bank —.—.100
Crest
Jan
12c
10'/8
—~
East
10'Ac
May
0
0
————1
Denison Nickel Mines, Ltd
1
Distillers Seagrams.
_0
Distillers Corp.-Seagrams 5%■ pfd__100
Dome
Mines
•
■-*,
Dominion Foundry
Apr
8c
71c
—
Dominion Coal
Apr
5c
6'A
Petroleum
Delnite Mines Ltd..——
Davies
Jan
Jun
80c
65c
Imperial Mills _—_—_0
Cosmos
60c
700
5
—100
_
Consumers Gas Co of Toronto
1.72
Apr
Apr
1,000
82c
;v
Jan
16c
1,000
12%c
2%
1.80
Amer
Feb
6,700
6%
—
20
of
Royalite
7c
6%
Apr
6'Ac Feb
38c
23c
1
.
....
Royal Bank of, Canada
9c
1.07
3;.
90c
48c
1
Gold Mines
Feb
7c
95c
65c
—_
6%
Jan
1.30
0
0
Ltd...
Mines
123
Feb
50c
Feb
9c
——.
Consolidated
1.00
500
——
Plow_.._.
Cockshutt
46c
-
Jun
4,140
jj.
Chesterville Larder Lake Gold Mines.
Cochenour
17%
58c
99c
Porcupine.,—
Research Corp___
Chemical
80
;
1.15
■
Central Pat Gold Mines
Central
•.
Jun
Apr
45
a
of Canada
Preston East Dome.
Reno
jun
57c
■
Mines.—
Jun
5%
1.15
Quarts Mining———
Trethewey
•
2,822
5%
5%
9
Apr
115
40c
55c
3,200
'
*
">y 9
Jun
2%
100
Metals
Pressed
Apr'
Apr
35c
30c
_
Mines
Jan
Jan
90c
72c
a
_
Jan
52
61 %C
65c
1
_
—
Powell Rouyn
27%
3%c
Mar
30c
—
—
Mar
3'Ac
41
1.04
May
460
2%
■
a
_
—
21% Mar
Canadian
Cariboo
Pioneer
22
3%c
671
'
75
A——0
_
_
55
Alcohol
_
_
_
Pickle-Crow
?i:10
40
100
.5
.
_
Paymaster Consolidated Mines
Perron
25
575
35c
_—
_
Porcupine
26%
i.100
25
Castle
Pamour
18%
;
—
Tubes.
26
-
Oil
Oils„
24%
Malartic
Canadian
Pacalta
18%
13
2,900
35c
ii, '•
Apr
85c
1
_
_
Nickel
26
13
70c
—
...
..
___
Ontario
18%
Canadiap Locomotive Co Ltd^.......*
Canadian
_
Oils
Okalta
24%
*
68 %c
a
__
Gold.
0
_
Canadian Industrial
Apr
100
36 ;
5%
45
8%C
a
Preferred
O'Brien
Page-Hersey
140
•
44%
68 %c
_
Star Oil common
16
common
Dredge
Feb
1
'
Canadian
Jan
495
5%
44%
a
Normetal Mining Corp
North
20
preforred__25
U—_——
Class A
Canadian Car & Foundry
Canadian Celanese
Jun
135
130
5%
85c
-i_
Jan
Feb
11,400
85c
25
700
L4'Ac
a
Noranda Mines
Feb
Jan
24%
48%
5
'
■;
Jan
148% 148%
148 %
130
0
_
Feb
'
Canadian Breweries common——
Canners
Feb
57
60
25%
12c
Nipissing Mines Ltd
29%
Apr
19% May.
r
59
59
59
7%
Feb
25%
12c
85c
Jan
4%
1.430
6%
25%
__20
Jan
25% Mar
5
19%
■
37%
126
5%
_
Naybob Gold Mines, Ltd
49%
731
-■:
51
:_0
Bakeries
Canadian
•
28%
27
27%
class A_
& Cable
106
Apr
33
120
—————
Wire
Class "B
Canadian
.
102
1
5
36%
123-
-
Apr
96 %
49
105
36
100
*
Mortgage__.___.100
—
18c
46
123
105
Cycle & Motor 1st pfd
Canada
Canada Permanent
>30
r
Apr
30
5
98
•
1.20
Apr
37
37
preferred—.100
Canada Cement
Canada
50
class B„
Bread
Canada
11c
■
Jun
a
National Grocers common
Preferred
Apr
15c
15c
—-;—l:
80c
May
l%c
May
500
1.05
14c
Corp
lc
500
1%C
1%C
__0
Bunker Hill Extension Mines
Calgary & Edmonton
Calmont Oils
13
*
—
14
11% Mar
3c
3c
1.22
1.30
;
1.25
25c
25c
.
-
.500
1,825
210
22%
Feb
23%
19% Mar
-
3c
i%c Jan
1.15 May
15c
Jun
*
,
Jan
Feb
1-75 Jap25c
Jun
juuwwvwu
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, June 22, 1942
OVER-THE-COUNTER MARKETS
Quotations
for
Friday, June 19
Par
Insurance
Companies
New York Stocks
Agriculture
Inc—
—
Bid
v'."A.
Automobile
Bid
Par
a—
Life
Aetna
ry
Home
Pur
120
26%
59
Jersey Insurance of N Y
20%
Knickerbocker
.—:——
_
Homestead
49%
—'
Fire.
67
68%
20
29%
32%
10
Alliance
American
5
7%
8%
—5
1%
Home
American
--10
—
.2 %
American of Newark
:
6
*
Re-Insurance—,_10
American
10%
55
-
42%
6V«
—_25
48%
50%
10
Surety.—
American
•'
31%
Casualty.—'—--10/
/■National Firel—:
——
10
7V»
.
2%
Baltimore American—*.
Bankers &
Boston
,100
-—
!—5
^•Camden Fire—,—
Carolina
V City
" 18
/.■
Northeastern
42
;
Quarterly-Inc Shares.—-
—1—12.50
River——
5
——
'Pacific Fire—
37%
/:•
Fidelity & Deposit of Md
20
112
B it
Fire Assn of Phila
10
51
Selected Amer Shares—-
—1
95%
9 Va
Pacific
80
76
——25
:
87
83
•
of
Firemen's
Newark———5
34%'
.
77'A
Georgia Home
»■'--Gibraltar Fire & Marine
26%
Reinsurance
37%
39%
Revere
20%
14%
Bank
277/b
29%
Bank of Yorktown
Rhode
20%
36
St
Corp
Globe & Rutgers
•
4
15
15
Fire com
preferred—
2d
indemnity
/Great Amer
I
—10
-•'-Halifax
V;'f\
Marine
•
••
11%
/ ./r
50
-
90
141
149
530;
560
5
/ ■■
241
10
34 %
Boston
1
Corp——10
Bid
23%
National———13.55
Avenue—
40 Va
First National of N Y—„
100
Merchants
100
2%
51%
10
•-
1040
x!35
Penn
25
Exchange.—
—10
;
Peoples National—^
Public National—
12
50
45
S
100
x26%
28%
Sterling National—.———25
21%
23%
1070
,
140
24'A
Fidelity & Guaranty Co__2
U S Fire
x274
Bankers
25%"
42'A
31%
10
%
—4
—
>
——\-2.50
Companies
35
J
—
X51
Par
284
Guaranty
Irving
11%
Kings County
Lawyers
55
,;■
Central Hanover
i
20
Chemical Bank' & Trust
:---10
—50
63%
34%
41
x38
210%
9%
10%
;;
100
1085
1135
25
'
_—
65%
36%-
■
x23
26
30%
31%
Preferred
———20 '.■' ■ 52 V* ?i 54%
171
■Morgan (J P) & Co-'—100
161
New York—————————25
x63%
65%
,.25
8%
10%
11%
Title Guarantee & Trust——12
Corn
29%
30%
Trade Bank & Trust—'
_10
39%
Underwriters
100
82
——100
980
...
Exchange Bank & Trust_20
Empire; —1-^
Fulton
Par
Bid
Ask
■
,5.50
„
Affiliated Fund Inci-J——£1%
Par
5.98
>
// 1.78
/-
1.95
-
---50 :
36%
:
.100
—
9%
.
xl50l
'
168
United
States
AAmerex
Holding Corp
10
13 V2
1
2.25
2.47
Foreign Investing.lOc
American
9.61
10.54
iiA'c.
.
'1.-//Assoc Stand: Oil Shares
—2.
—1
■
.
"
•
....■•;
...
- •
V
Bankers Nat Investing-rr
A Common
i
-
4%
/;/■/':/;';
vi
2%
;3Va
4%
.;
*
Fund
Boston
5
Inc
.
Fund -Ltd
Bullock
Inc.-—5
1
17.69 y
3.56
General
Ltd——1
Century Shares Trust_i
—*
Canadian Inv /Fund
■
—1
Fund
Chemical
Preferred
2.45.
22.03
,
3.05
23.69
„
7.93
shares
x133
138
1
3.04
1
24 Va
2.21
2.45
Series
0.80
0.70
-
0.90*
;/
100.31 101.3
Series ACC
1
1.99
mod
1
A8(f& preferred
/'f,
,
Call Nov.
1%
Jan.
16,
3,
'• V-'
'
v
•
1.62
- -
1942 at 100 %-
1944—
1.85
.
Delaware
Fund
1
24%
Cent 111 Pub Serv
.V"
•
.
••/./",
.^Dividend Shares
Eaton &
100.28
100.31
Balance
Stock
Fund
_1
101.3
7.
First
^''Fiscal
Mutual
Fund
Inc
8.74
Inc—
AO:
insurance
stock
/.,r.ui
.£< Fundamental
/>>-
'
Invest
'
14%
13.42
;
i 1.59
2 25
2.62
6.72
Series
S-2—
9.41
10.36
13 11
14.70
'
•
"i
V 7.76
102%
*
;
,__l
6.82
-
2.35
—1
10 >
>
Jun
15,
rSep
15,
Dec
15;
7.51 *
28.80
Mar 15,
70.70
28.22
15,
JMar 15;
'2.62
69.29
•
15,
Dec
•
S-3
vS-4——!
Series
•
Jun' 15,
5'Sep
Common
Trust——III
98
108%
108 7/s
110 /<
110%
127
1961
Z;",.1;.
129
——
3%s, 1972
102%
Southern
98%
107Vs
102%
Ask
.Bid.
*
Public Service Elec & Gas 3s 1972
98%
98%
106%
1949
1972
105Vh
-
'
105%
—
c
,
101%
103%
104%
—
102%
103%
.......
104%
Natural Gas Pipe Line
3%S, 1956
Wisconsin
Pwr &
Lgt 3%s,
1971
:*■"
-
'
'
——C„
T*.
'
•
v
•
10c
r
•:♦
15,
Figures after decimal point represent one or more 32ds of a point
•
1942
•
7,4.19
——
—
25.43
3^63
3.92
Ask '
Bid
Maturity—
• ;/,
Int. Rate
100.13 ,100.15
Mar 15, .1945
*
%.ft
99.14 .99.16
tMar 15, 1946—
-*/l„ ft--'
100.12 100.14
tDec 15, 1946 w i
./ l%ft
Nat. Defense Notes—
99.21
99.23
tSep 15, 1944
%ft
99.10
99.12
IDec .15, 1945
—
%ft '*
Certificates of Indebtness—
>0.47/;-;d0.4$j
t%s Nov 1, 1942
i
' " . /v v /
,
...
a
6.49
../.?
.
7.15
•
10c
3.05
3.65
Mass
Investors
Trust——
1
14.95
16.03
Mass
Investors
2d
1
7.05
7.58
Inc.—10 V.v 7.16
7.82
Fund
Mutual Invest
Fund
United States Treasury Bills
Rates quoted are for discount- at
7
(Colo)
(Md)
Securities—
series
B
'
shares
'
-
■
•
voting shares.
'v
July 15,
July 22,
July 29,
4.40
Aug
National
Security Series—
'*•,
Income
-5.52
series——-1
3.27
Preferred stock series—
New
-
series
England Fund
/(,. 4.57
Z.
:
1
Ask
0.25^
Aug.
19r 1942
b0.30
26,
.
.•
Ask
Treasury bills-
87c
l
Bid
r
Bid
b0.3O
"
2.47
25c
purchase'
"
'
Low priced bond series———-
23 65
Int. Rate
2
%
1%ft
v
—
•
Bond
3 43
Ask
102%-
Bid
Ask
100.16 100.18
1942^
•„._
100.25 100.27
1943.-.
•
%ft
100.5- 100.8
1943——i—l%ft •
100.25 100.27
1943————
1
ft > 100.25 100.27
1943———l%ft
101.3
101*5 T1944
„;
1
ft
100.28 100.30
1944——Z1—
%ft >.'• 100.13 100.IB
1944———
1
ft
101.2
101.5-
Maturity—
Sep
•
3.20
2
-
2.75
3 ig
10.52
National Investors Corp
1
B
8,81
13.05
9.52
Nation-Wide
10
Inc„
.Si'General Capital Corp.—_
fTGeneral Investors
11.92
'
........
5.05
Fundamental Trust Shares A„2
.iijr
"v 7.06*
Maryland Fund Inc_
I.33
A
15.58
K-2...
9.28
21.48
v.<
1>-Fixed Trust Shares A
Foundation Trust Shares
1946
——1947
Quotations For IK S. Treasury Notes
22.90
14.21
K-l.^—_:i—
15.66
*
10c
series
3%s,
28.27
20.86
Manhattan Bond Fund Inc—
4.52
10c
3s
Panama Canal 3s
7.97
25.77
———
Loomis Sayles Mut Fund
Loomls Sayles Sec Fund
97c
.12.47
/v
Bank stock series
Electric
"v:
'B-4_w—-^^-4——-
Series
4.50
5
Fund
7.78
-.»!
r
•
Trust
U S Conversion
16.70
Series
•
14.74
Equitable Invest Corp (Mass)--5--xl9.9ft
Equity Corp $3 cony pfd—
1V,-13 %
'Fidelity Fund
15.03
88c
1
Fund—
XT S Conversion 3s——
101
:
Philip Morris 3s 1962
"
,r:
!
15.37
Series
•
Vv.v
25c
Howard—
.
1.09
Series
3.90
.
99c
'
;
•
101.3
,
•
1
3%si 1971—
3%s
Distillers
Penn
70c
64c
B-l
B-3—
2.55
2.50
10.86
.•■
13.90
—-__i
''•/v D
100.3
101
1,1944
Public Service of Indiana
Natl
9.90
—
B-2
Series
")*
3.37
1;
c
Series
Scries
111%
*
Feb
.
Quotations For Recent Bond Issues
Ltd—
Keystone Custodian Funds—
'
.Diversified Trustee Shares—
..
Securities
Group shares
Investors Fund C—
H7V2
rv
-
Aviation
Insurance Group shares
V
Investment Co of America—_10
/
/•
Cumulative Trust Shares
notes
Other Issues
-
3, 1943 at 100%—-
Call Jan.
13.06
1.99
ACommon B shares
-.10
A7%v; preferre<H-L-l--—-100
}":
l%ft
>/•-■.*„
-
22.24
100
Crum & Forster Insurance—: /
\
Housing Authority—
'
i-May 16,1943
1.21
12.14
.
•/V Bank Group shares.—
1.66
mod
AA
100.16
100.1
Apr 15, 1944
0.80
1, 1943
Macy (R H) 2%s 1952.—
1.66
1
series.-
/ACrum & Forster common.—10f
^
Z*
S
100,9
i00.14
**-July 15,1943
tl%-
Ask
100.7
10c
5c
_1
5
Institutional
11: 1.73
—1
AA—:
Accumulative
,
Holding Corp—1
Incorporated Investors—
26 %
Series
•
-
3.36
Utility; shares—,—-—
41% ft
U
0.60
1, 1943
-Apr
—
,2s
3.83
*...
—
Bid
Reconstruction Finance Corp—
t%%
—Oct 15. 1942
J
*
...
3.30
Corporate Trust Shares.
1020
'
•
3.04
1,1942
2s
2.74
3.47
-.——Dec
100
>
0.70;
Federal Natl Mtge Assn—
2.61
:
1.10
'
hi
4.70
2.36
..
1, 1942
—'
f%S
;
Independence Trust Shares—♦
1960
Consol Investment Trust
.■V
3.98
—Sep
}%s -————Feb
4.02
2.48
v
shares-,!.,,.*—
t%s
Ask
-
100.9
.100.3
Bid
1860
Commonwealth Invest.-
i
-
-
income Foundation Fund.Ihc- /
Common
!
10c
;8.58
com—i.100
——
...
100*7
>
•
5.75
3.64
4.26
3.61
/
-
3%
V"
20
11.02
..1100
Securities
Christiana
*
5.22
shares—,
Tobacco shares
A Huron
I
bond
Bid
-
1
,
Commodity Credit Corp—
%%
——-—-May 1,1943
——w-4*Feb 15,1945
Federal Home Loan Banks— '
6.57
3.22
Steel
19.12
10.05
4,73
$.97-
,
shares—
.RR Equipment,
.
—
12.22
11.36
4.48
Electrical Equipment««-»y*.r-~
Petroleum shares.*.-^——:.
Railroad shares
„
Broad Street Invest Co
-
,
5.21
Mining shares..-
/
'■>
^
4.06
shares
Merchandise shares
•
1
3.70
5.63
.
Food
ft; ft /
preferred——-—5
3%
i f
' '!•% i ft*
^
f/A
'ffy'hi
*' »if
Basic Industry Shares^—*.-10
2.63 :
4.64
3.35
5.11
shares—,,,—-—
Building shares—*.—
Chemical, shares..^<
-ASVo
shares——4.21
Automobile
Aviation
9.60
•
i
/
,
ft 8.93,
....■.•<■./ .■;••• V. v i
—
—
4
14.05
1
Agricultural
;/
«
.
,
Aviation. Capital Inc___
0,1 Axe-Houghton Fund Inc
8.--.
15
16
Agencies
-
.
'
American Business Shares
%
2%
■
Bid
'
■—•,»—<.v—fc.
Group Securities—
'
common———20
Continental Bank & Trust....10
v
Ask
205%
10
Manufacturers
Z
Bid
100
36%
8
100
County
Brooklyn
Ask
34%
71%
29%
Bronx
44% A)
68%
Westchester Fire—
—10
Bid
100
Bank of New York
385
375
U S Guarantee——i.A—<^10.■>
45%
/ Zv/';,.; / /
15
51
r
—17%
New York Trust
3%
90%
42%
Securities_l,-_L,_i
11%
210
180
Colonial
-Aeronautical
•
24%
.
42%
Clinton
-
49
23%
108%
U
"
v
Ask
44:
__50
National City——^—,—12%
National Safety—.——„12%
36%
104%
49%
22%
87%
Home Fire Security
A First
Co
Par
^
100
4
Travelers
12%
21%
.•
42:
Par
-10
Boiler
—Hartford Steam
———66%
'
■
__1Q
Fire;
-Hartford
-
&
National Bronx
14%
100
233
Stuyvesant ————-5
Sun Life Assurance————iOO*
25%
——10
-
—
Banking
Corporations
ABlair
Ask
Bid
13%
:_10
Chase
Springfield Fire & Marine—25
23%
f
Co
Commercial National—
5
Fire &
Standard Accident——10
10%
'•
.
Manhattan
22%
62 Va
Island
Paul
66 %
9%
——10
——
*■■■*■ Hanover
"
.
22
10
8
:
5
Wr-l/
•
'
II
1315
9%
6%
62%
,«
6.98
•
4%
20'%
—10
Firel—
Seaboard Surety—
/
2
American
-'Great
8%
—5
—_l
2.68
21
2
(NY)—;
(Texas)—
(Paul)
Security New Haven.
Globe & Republic
102
Wellington Fund—
4.80
Fifth
34
.
of
■
18%
,—5
5.36
5%
23
10
Glens Falls Fire.—,
13
5
Bensonhurst NationaL.—-
Republic
ij ,,
15.87
11,91
B.f'—
«
i
4.85
10%
'80%
Providence-Washington 1—L—10
24%
"
—
<6c;
14.52
.____
U S El Lt & Pwr Shares A—
,
73.48
2.88
Par
5
—5
.
General Reinsurance Corp.
"
New York Bank Stocks
36%
10
1_
10
Fire,
Franklin
;< '.'
Fr——25
•
59c
Bond Fund series B_—i
C
Series
Investment
-
33c:
.
A:
■
10
Indemnity Co.i
Phoenix
Preferred Accident—
of San
4.00
121%'
10%
117
„
Fd
/.Fireman's
-
'
72.02
x6.40
-
4.14
>
.
2%
Selected Income Shares
•
2.38
•
1 / '
;________!//
Union
■
11.34
>
4.Q5-
—_1
54%
92%
'
ASerieS A
ASeries B
4%
115 Va
National-——25
Northwestern
,
;
32c
10.60
;
-
137/s
4
—12.50
Northern
Trustee Stand Oil Shares—
Trusteed Industry Shares-L_-25c
—
Z
"
27c
10c
1,57
.7%
35%
._10
Federal
'
10
—
■
20%
21%
North
1
1.84
-
20%
26%
31
6%
^
1,67
♦
1.46
'■
Republic Invest Fund
%
39 y
2%
.1
Scudder, Stevens & Clark'.,':
'
Fund. Inc
1„
—_•
29
—5 '
Series 1956-^—;
1.88
Plymouth Fund Inc____'
-10c
Putnam (Geo) Fund—1
146%
19%
"
1.53.
Series 1958—A
1
,__i
Trusteed Amer Bank Shs—
r Class B.—„
;
—_25c
,
41V8
Brunswick
24%
Re-Insurance—_10
•
Series 1953—•
r
New Hampshire
19
Fire—.
Employers
36 Vz
-
29%
25%'
17%
Excess
shares
27%
New
23%
,
Trust
M
"
C
D
5.13
7%
55%
141 Va
Casualty—.2
.
vv 4.52
4.65
•
.
Fire————10
39 Va
New, York Fire--—————3,''/ 12%
19%
.'-10
/*' Connecticut General Life——10"
Continental Casualty
5
•
New Amsterdam
y
—-10
.
of New York
/"Eagle
512
Union " Fire.————20
National
67%
492
•
'■.:. Series 1955—_—__—_c_L-—-1
,H
,7%
64%
:_25
Shippers
«
6%
•
.,
2
Liberty
2.97
4.09
•-
.
33%
Automobile
National
v
/
6.73
>
"
ASeries
5.98
6.11 /
2.69
l
North Amer
21%
6%
National
;
■
No Amer Bond Trust ctfs___,
■44%
20%
53%
Mfrs Fire N Y—4
Merch it
•11%
'
v ■
59 67
1
1.79
ASeries
.
.
Reserve—,
American
—
,
"
;
lie
,
55.09
__1 v
Trustee Stand Invest Shs—
6.44
-
5.43
•
,'j. Steel
Merchant Fife AssuT———-~5 .'40%
7.27,
5.90
Super Corp of Amer AA
5 16
IL43
9o
State
9.12
5.85
Railroad equipment..^
58
V
:
8.29
—
Railroad
2%
'
40%
——10
Maryland
.7%
12%
11 %
\
Oils
■■:.:
11 •//
*•
-V
S.35
v'
Machinery
17%
16%
9%
Fidelity & Casualty——5
6.60
1—
stock
Metals
3%
2%
Casualty
1-1
Massachusetts Bonding-——12%
Lincoln Fire—
5
Equitable
American
Amer
4.67
Ask
4.64
10.75
•
Standard Utilities Inc.j
—50o
St Investment Corp-_l%'
6.60
4.23
:
equipment
Insurance
8.27
'
'V
Bid
1-
4.15
v
.
5.99
y
Electrical
r
::
7.52
-
Chemical
.
Agricultural
3.76
\
-
——;
stock
Building supply
14%
12%
—10
.Bank
Par
Sovereign Investors———
Spencer Trask Fund—
6.12 ' -•6.74
,
/ •i- Aviation
Ask
28%
26%
Insur Co of North America,—10
56
187/a
•
Bid
*\
5
116
47 %
25%
25
Aetna
<
w.
Ask
:*■.
10
10
10
Surety—
Aetna Casual &
Ask
.:
■//
j.
r
5,
Aug 12,
19421942..
1942
1942..
1942..
Aug.
0.25 ft
Sept. 2,
1942
0.30ft
Sept. 9,
1942—
b0.35
0.30 ft
Sept.
1942—
0.30 ft
bO.35
1942.
0.25%
WJ.30
bO.35
16,
bO.35, 0.30ft
..
.
b0.37
0.33ft
bO.37.
0.33ft
bO.37
0.34ft
6.09
3.64
5.05
/
,^ :>No
5.12
5.67-
sCash
9.25
9.98
bonds
par
value...
sale—not
are
a
Odd
included
in
lot, saleq.
range
for
subject to all Federal taxes.
b Yield price,
d Deferred delivery;
r Canadian
year,
x Ex-dividend;
y Ex-rights,
tin default;
AQuotations not furnished by sponsor or issuer.
market.
■
t
tThese
'
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
Volume 155
Week
Prelim¬
inary figures compiled by us, based upon telegraphic advices from the chief cities of
the country, indicate that for the week ended Saturday, June 20, clearings from all
cities of the United States from which it is possible to obtain weekly clearings will
be 3.4% above those for the corresponding week last .year.
Our preliminary, total
stands at $7,828,394,653 against $7,573,094,892 for the same week in 1941.
At this
\.
center there is
Virginia—Huntington
Virginia—Norfolk
'
■
1,006,712
4,050,000
+
41.5
3,005,000
2,789,000
48,849,001
+
17.1
42,023,366
42,458,645
Cleaflngs~-Returng byTelegraph
■•
,119,072,977
220,010,346
Philadelphia™
'
Kansas
St.
+
0.5
+
'111,000,546
130,600,000
121,300,000
+
187,392,000
157,349,000
186,520,523 '
150,257,767
95,487,697{f()
113,587,149
5,043,643,198
+
+
6,294,648,308
+
+
;
+
30,607,753
+
25,667,647
22,431,531
4,430,391
'158,995
3,145,992
147,944
+
7.5
160,132
64,668,042
52,606,518
+
22.9
39,807,927
164,46^
272,277,987
230,967,842
+17.9
179,544,221
38,880,926
Mobile
„
;
(10 cities)
Grand
Federal
^
539,629
2,678,050
2,955,475
2,825,134
2,931,786
Terre
Haute..
Des
Wayne-
not available at time of going
week in all cases has to be
1,459,606
11,034,007
+
estimated.
+
27.4
+
For that week there was a decrease
week ended June 13.
for
clearings
country
whole
the
of 0.6%, the aggregate
5,393,936
2,002,794
2,364,001
$6,772,310,558 in the same week in 1941.
Outside of this city there was a decrease
of 6.3%, the bank clearings at this centre having recorded a decrease of 2.5%.
We
group the cities according to the Federal Reserve Districts in which they are located,
and from this it appears that the New York District (including this city) recorded
a decrease of 2.6%.
The best gain was had in the Philadelphia District where there
was a 29.8% increase.
At Kansas City there was a 25.1% gain in volume of checks
Cleveland was next
St. Louis followed
closely with 7.4%.
Richmond had an increase of 5.9%, Dallas of 4.8% and the two
remaining districts, Boston and Chicago respectively, also had increases of 2.6%
cleared; San Francisco followed with an improvement of 19.3%.
with a rise of 18.2%; Atlanta of 17.9%: and Minneapolis of 8.5%.
1941
-1942
Week Ended June 13
Federal Reserve Districts
7*
..•
320,000,132
3,615,287,845
•
524,372,309
523,590,197
0.1
422,463,531
219,691,849
204,542,531
7.4
156,068,048
+
9.4
96,800,000
+
9.4
37,666,464
—
4.1
20,851,584
1,197,000
1,005,000
Total (4 cities)....
219,691,849
204,542,531
+
7.4
148,229,481
136,568,575
164.839,545
8.5
118,907,920
25.1
230,967,842
-
17.9
318,122,957
153,090,780
179,544,221
95,531,757
91,160,272
4.8
'375,300,979
314,633,735
19.3
137,452,081
77,803,539
247,064,971
6,772,310,558 7 — 0.6
3,326,465,411" +- 6.3
5,244,040,461
2,673,708,561
200,192,862
/
M
6,731,151,883
3,115,869,038
Total———)+-———111 cities
Outside New York City—.;—■
365,811,758
6,813,823
+
7.6
5,553,781
+
9.5
77,785,157
74,541,43:
35,374,499
+
7.8
28,151,639
28,399,47
+
7.0
2,505,506
+
Dakota—Fargo
1,286,910
1,076,517
3,464,687
3,671,753
148,229,481
136,568,575
add
our
(7 cities).
Clearings at—
1942
-
•
-
•
—AL-
Wichita—
'
■
——
"
;m/
—
Missouri—Kansas City—
St» 'Joseph,
Colorado—Colorado
Pueblo.
1,167,367
907,915
—
——-
Total (10 cities)
.
822,019
2,533,662
Worth
263,588,297
.
:
2,132,643
+
2.3
1,651,823
2,652,699
+
3.6
62,538,000
56,932,935
+
20.2
7,268,063
7,527,833
3,283,000
1,125,419
3,995,537
—17.9
10,775,780
—
—
5,526,032
14,922,600
507,583
678,058
320,000,132
311,982,240
.
-
51,800,000
v.-
a-—
-
.
jl~L-—...—
•
.991,700
——+—_———-.
3,480,678,173
—-
-
.
3,571.670,071
10,867,793
6,010,431
6,000,472
9,869,146
5,547,455
............————
6,396,791
.
1,501,860
21,046,060
27,812,947
3,615,287,845
——
471,956
22,545,937
28,373,594
468,463
423,622
,
-
'
..
——-
Scrantwi.-...-.-j-:-----Wilkes-Barre.——
4,493,206
488,944
2.6
261,333,028
417,475
■
■—
.2...
(10 cities)™...—
—.
1,381,150
402,000,000
1,460,053
3,747,379
508>M?'222:
1,321,953
3,071,749
1,2
1,850,967
7,922,900
Jersey—Trenton..--.——;
+ 12.7
15,872,825 '
16,178,439
+ 46.1
3.754,721
5.042,464
8.9
3,169,963
136,882,000
144,897,000
7,933,625
5,431,755
194,362,000
169,894,000
3,184,839
3,290,107
1,226,977
3,370,658
1,557,669
•21.2
1,374,550
2,952,184
+ 14.2
2,465,403
—
Ohio—Canton
Cincinnati™.
Cleveland
.
524,343,025
District—Cleveland— *
——4,135,528
89,499,837
', > 168,932,759
LI
-2-1
14,331,500
—'——-——.——
v:
2,137,348
;
/ 3,588,625
——————
-
".
Mansfield™
Youngstown..
X—
_
;
.
_
•
Pennsylvania—Pittsburgh
(7 cities).
199,572,701
: • 482.196,298
+ 14.4
3.2
•
3,951,677
2,501,727
—58.7
— 7.7
+15.9
+29.7
—12.5
21,935,301
r
'
1,158,706
1,565,907
4,162,800
416,785,555
36,200,000
34,300,000
552,390
New
York
_
314,633,735
+ 19.3
247,064,971
6,772,310,558
0.6
5,244,040,461
3,115,869,038
.
3,326,465,411
6.3
.
-
__
2,673,708,561
1,307,597
533,075
1,082,364
•
2,678,501,190
8,415,127
7.7
+ 6.6
+218.2
— 6.7
— 2.0
4,745,329
4,232,613
$
Canada-
.
,
246,498,437
5,824,762,249
2,634,383,634
11
June
1940
%
$
108,049,153
Toronto
4,427,035
.
'
,
.
+ 16.9
92,401,368
.
2.6
—
387,658
15,307,177
93,573,499
5.7
76,706,575
94,396,682
42,293,262
—10.7
39,978,531
29,928,513
16,678,304
+ 19.2
12,611,914
15,825,19o
Ottawa—
52,595,705
69,365,261
—24.2
24,411,882
14,757,659
Quebec
4.776,808
4,549,764
5.0
3,764,364
Halifax—————.—
3,794,194
6,267,200
3,328,352
+ 14.0
2,650,591
1,841,988
Hamilton.——..—.— '
20,187,737
17,729,320
98,917,583
37,776,727
19,212,866
1.4
5,408,798
5,121,233
5,494,835
6,347,270
—13.4
3,770,882
2,702,755
2,004,293
4,212,891
1,488,441
—.
Winnipeg————
5,310,961
352,455
24,588,682
.
2,794,075,916
-
—
—
—
...—
+
+
6,356,636
—
1,926,259
+ 40.3
1,872,581
1,681,342
+
11.4
2,597,448
2,501,351
+
3.8
Edmonton
4,508,691
+ 19.6
3,228,364
John
•Victoria—
386,355
375,802
5.6
1.5
294,853
476,928
+ 34.5
1,051,297
340,052
9.5
•"
:
:
1,538,260
X+
1,276,695
2,170,903
2,881,026
4.8
1,002,869
874,313
+ 18.2
1,525,641
1,278,890
+ 90.3
4,259,500
4,841,700
+
378,113,469
+29.8
427,832,695
•
2,364,031
2,222,401
65,510,841
62,921,768
11.4
112,631,788
106,982,848
1.0
11,572,900
1,673,180
12,147,100
+
24.1
+
4.4
+
+
—
X
4.7
Lethbridge—:
Saskatoon.
•
2,975,918
2,630,349
121,394,299
117,721,605
318,122,957
306,363,703
408,084,155'; +18.2
f
1.5
—
594,348
2,610,307
430,323
366,368
•4+17.5 :
274,912
304,635
507,494
+ 13.2
338,537
1,349,880
725,141
11.6
1,147,910
-439,742
1,041,162
'
—
Moose Jaw..——
'
_™^_—_——
Fort WilUam————
L
971,820
447,715
755,248
—10.9
5.5
+
1,068,257.
—16.2
716,981
877,257
Westminster
+
921,308
896,101
-
Brantford
New
4,406,122
2,480,328
3,697,117
;
1,506,359
646,165
+
38.5
■462,168
815,711
575,364
560,784
.
"
545,478
'-654,532
•
—11.5
180,335
202,220
703,971
Medicine Hat
275,635
> 311,288
Peterborough—
Sherbrooke
754,799
702,256
+
7.5
542,483
843,592
787,933
+
7.1
655,460
1,154,992
1,128,892
+
2.3
939,909
959,944
3,127,942
353,216
+
9.0
2,158,900
2,633,338
+
35.9
275,974
+
5.2
655,022
+
7.2
467,917
—
—J
Kitchener
3,409,832
.*
Prince Albert
480,151
Moncton
856,644
814,153
Kingston
728,890
.679,873
X
Chatham
1,737,659
7.7
:
1,699,493
1,540,588
574,685
v
.
.
+ 35.8
—
4,339,725
——
—
Brandon—
414,000,000
365,000,000
+ 25.9
"—•18.0
——
Regina..
1,215,171
1,155,904
10.6
4,919,848
1,931,144
5,390,696
St.
3,408,261,887
,
+
—
'
t
117,622,305
Vancouver
Montreal.——————
8,887,782
•—
+
1930
$
74,881,802
Calgary
—
3,332,012
3,889,775
147,010,612
1,422,939
Inc. or Dec.
3,289,048,840
—
Ended
1941
1942
928,527
2.5
9.2
.—
.85,732,489
151,682,158
; 14,183,800
2,243,369
2,549,411
2,112,293
?
:
(111 cities)
14,282,042
1,415,956
375,300,979
6,731,156,883
Total (10 cities)—;
Grand Total
Windsor
Total
1,134,125
32,513,82(1
19,059,556
220,314,586
+
Fourth Federal Reserve
v
36,696,263
1,250,547
38,233,136
11,512,400
506,597
"
1»S27,564
Lancaster————~—+—-•
^ Philadelphia
"■
41,560,099
+ 26.2
-
Chester.—.
f
+ 32.1
+ 12.2
London
3,711,363,939
442,311
SX'Sm
1——
;. Bethlehem
4,428,345
12,757,900
+
District—Philadelphia-
Pennsylvania—Altoona
Columbus
74,657,949
i
1,296,955
Week
17,210,503
1,470,201
44,700,000
909,368
1,133,613
1,179,567
••»-«*•—————.—-
Third Federal Reserve
3.8
+ 14.8
+ 25.1
Outside
7,107,393
1,356,753
Northern New Jersey———
•
1,016,403
3,797,080
56,680,856
District—New' York-
—
Total (12 cities)....—
'
2,731,000
961,849
3,307,804
11,949,892
Jersey—Montclair
Total
+
77)803,539
_
Josex-
15,071,431
'
•
San
3,935,353
—493,284: \
•
•
+
12,366,618
• 5,737,229
17,134,400
—
--
—.————w
York
2,076,000
5.2
19.7
—
50,764,440
Stockton.
Newark—
(
74,847,182
.
_
Santa Barbara-
Pnffftlo,,-
New
—25.5
3,706,203
3,393,229
Connecticut—Stamford
i
.
—
Francisco-
3,393,229
—
Reading.
661,978
-
138,813
9,199,153
Pasadena
San
790,031
Jamestown—
f
736,451
432,573
3,389,034
New-York
<
720,018
1.7
3,387,034
Second Federal Reserve
New
16.7
+
2.2
Hampshire—Manchester.—,
Syracuse.
> 137,452,081
—
District—San Francisco—
California—Long Beach-
+
484,804
2.2
Haven
Rochester
5.6
;; 164,839,545 ;; + 25.1
.
,
646,816
761,018
; ;
71,424,520
_
Salt Lake City
Utah
10.4
Island—Providence
Elmira
+ 59.4
732,302
961,796
1,455,156
—
Blnghamton..
v
Washington—Seattle
Oregon—Portland
—
New York—Albany
v
$
824,292
Total (12 Cities)
•
537,741
2,328,988
181,669,901
4,024,265
Worcester——.————•
New.
2,894,316
1 2,213,976
3,010,976
94,610,894
- 3,160,79a
594,244
.
4,024,265
Connecticut—Hartford
New
7.6
+
3,427,50+
30,906,88+
+21.6
92,845,298
+24.6 r :: 3;182,678
3,635,906
.
4,020,329
•,30,746,578'
;
95,531,757
•
...
Reserve
Federal
909,714
Springfield
Rhode
(6 cities)
Twelfth
1939
-—-————3,935,353
■
■
Bedford
New
:
2,123,502
4,438,284
.111,650,135
.;
.133,64'
2,182,203
73,977,641
11,057,474
FaUs
560,192
724,552
«---••
•
-+2.7
4.3
+39.9
" ' Jj
92,3(1+
•
4,782,420
-—
863,558
—
'
•
+ 47.6
+24.1
.
206,192,862
Louisiana—Shreveport+.-u.^-^+.-i-+—
Total
89,082
142,464
,
1,067,019
;
—
—.—
Dallas—————™—
Fort
'
.
2,445,000
Texas—Austin—
for the
596,914
2,011,210
222,840,691
1.3
—
113,737,246
Reserve District—Dallas—
Federal
Eleventh
4,531,225.
Springs.—
.
T
2,383,574
.
4,773,774135,719,077
»
0.8
3,017,184
-37,721,164.
2,280,423.
,
Yakima
-
811,534
:
Portland
I--,——X——X—*3,739,604
Massachusetts—Boston——270,587,178
Fall River
1,008,087
Maine—Bangor.
807,41
3,235,98
118,907,920
,
+ 3.6
181,178
,
3,752,322
52,758,865
Lincoln..——^——
-Omaha——.+-
Kansas—Topeka
.313,571,579
1940
$
$
$
District—Boston-
8.5
+
.
,,'118,022
.
179,668
Hastings-.—™-—-.-.----—,
Week Ended June 13
Inc. or Dec.
:v. First Federal Reserve
794,83
3,192,770
—
++
.
122,226
Nebraska—Fremont—
week ended June 13 for four years:
%
2,028,02
888,682
'830,385
5.6
3,929,891
District—Kansas City—
Tenth Federal Reserve.
2,634,383,634
detailed statement showing the figures for each city
1941
35.8
—12.6
947,774
..
940,449
Galveston
now
2,583,681
2,765,805
Dakota—Aberdeen-
Wichita
We
154,548,10
38,145,802
St. Paul
5,824,762,249
267,359,911
1.2
+
750,000
156,068,048
86,100,528
North
.'
370,268,762
'
■
7,331,937
Minneapolis
74,657,949
246,498,437
/'■} 'v
•
32 cities
———
207,791,972
,
_5.a:
+ 19.1
94,293.891
Minnesota—Duluth
113,737,246
138,813,175
18.2
121,900,000
District—Minneapolis—
Federal Reserve
Ninth
154,548,107
"
Minneapolis
L
7
Citjr.——— 10 <-
Canada
'
378,113,469
29.8
415,920,06^
50,459,730
3,408,261,887
272,277,987
220,010,346
,
422,463,531
31,177,801
220,314,586
261,333,028
2,794,075,916
"
11th Dallas
——, O
12th San Francisco—...... 10
'
2.6
0.1
1939
1940
-
"*
"
482,196,298
10th Kansas
„
2.6
+
1,647,39(5
29,885,666
427,832,695
306,363,703
152,772,606
38,880,926
415,920,063
524,343,025
—
Atlanta ————— 10:
Chicago'—————-.. 17
St. Louis__
4
ClW'* !j l-v";;.
311,982,240
3.711,363,939
416,785,555
408,084,155
1,476,99C
1,404,977
55,209,183
t
<
4,122,8li+
1,761,124
22.1
133,400,000
Helena
%
Boston *< L-LLJJ-ii-ii-i: 12 cities
2d - New
York
•
i—12' " >
3d
Philadelphia ..———10
•
4thvCleveland-V. VAfni ifaWy7* '**■.
5th Richmond
6
"
4,179,558
+
Louis..
Total
.
1st
3.1
—
++: 6.8;-
Kentucky—LouisvilleTennessee—Memphis.
Illinois—Quincy™. -
Missouri—St.
Dee
.
1,114,07^
,
•
or
337,146,741
1,160,196
.523,590,197 1+
524,372,309
(17 cities)
Montana—Billings
Federal Reserve Districts:
SUMMARY OP BANK CLEARINGS
■
530,551
335,527,059
Eighth Federal Reserve District—St. Louis-
South
and 0.1%.
following we-furnish a summary by
560.546
1.6
1,935,337
Total
3,783,58i
against
amounted to $6,731,156,883
having
5,228,577
2,138,575
:
+ 31.4
—
1,256,579
Rockford
Springfield.—
1,332,6212
9,233,79
2.4
741.621
Peoria...
statement, however, which we present further below
able to give the final and complete results for the week previous — the
i
1,291,489
9,137,763
3,725,915
11.7
4,507,683
724,534
422,578,620
415,956,965
1,651,077
-
5,136,94:
22,077,78U
.
+ 19.6
1,745,517
1,613,5^
5,687,799
9.5
5,742,985
1
26,778,597
17.2
+
12,325,606
Chicago..
20,657,0QC
22,240,000
,1,889,152
+
Illinois—Bloomington..
l,077,42f
1,838,709
0.8
6,767,392
-
1,549,971
3.6
+
25,246,033
Rapids—
2,953,75£
1,418,235
19.9
+
—
459,043
3,395,483
3.5
27,635,875
Moines
Decatur
1,979162
466,929
1
6.3
7,932,940
Sioux City—™—..
2,034,754
9.1
+
—
27,776,000
Bend
Iowa—Cedar
?
—
2,550,166
28,011,000
South
3.4
:*
+ 40.8
4,208,045
2,583,826
Indianapolis
Accordingly, in the above the last day of the
In the
588,663
3,944,472
,
i
Indiana—Fort
18.3
District—Chicago—
Reserve
Rapids
Lansing
Complete and exact details for the week covered by the foregoing will appear
issue of next week. We cannot furnish them today, in as much as the
In the elaborate detailed
999,337
36,195,633
our
to press.
1,268,894
1,304,709
15.926.00C
Wisconsin—Milwaukee-
week ends Saturday and the Saturday figures are
98.0
1,037,391
Michigan—Ann Arbor-
2.1
7,573,094,892
+
1,081,809
18,936,000
Total
3.6
1,278,446,084
7,828,394,653
59,300,
+ 23.2
Louisiana—New Orleans..
2.7
1,304,732,442
Total all cities for week-
65,500.000
—17.8
Mississippi—Vicksburg
4.0
1,251,005,610
6,523,662,211
day
one
19,782,8
15.2
—
1,811,144
+19.0
1,276,395,885
Total all cities, five days.
4.502,554
20,593,107
+
—
Seventh
All cities,
3.4
+ 12.1
82,900,000
25,762,000
+24.1
.
4,308,6
5,927,626
26,977,056
1,488,757
■
7.6
5,247,266,326
cities, five days
Other cities, live days,.
;■
152,772,606)
31,736,083
+ 22.6
202,752,370
Ten
-i,
153,090,780
Alabama—Birmingham
+ 11.2
225,390,918
Baltimore
9th
5.9
5,726,537
2,141,767
+19.1
Cleveland
8th
+
95,500,000
_
Macon
8.4
+
242,299,760
Pittsburgh
7th
78,854,782
26,842,156}
Florida—Jacksonville——
—12.7
520,000,000
136,011,545
City™
Louis
San Francisco.
6th
78,034,575
28,247,272
30,231,782
—,
4.0
+
1
fto*,uou;uu0
262,538,432
Boston
•
2.7
3.4
207,791,972
(6 cities)
Georgia—Atlanta
3,090,190,610
353,005,448
354,601,059
Chicago———.
of
1,429,859
1,229,304
'
+
36,125,050
Federal Reserve District—Atlanta—
Nashville
S
3,214,016,700
New York
are
8.3
+
—
115,992,133
34,912,742
;
Total
%
1941
•
$'
We
1,930,910
'
Tennessee—Knoxville.
1942
Week Ended June 20-—
'
X
2,090,800
Maryland—Baltimore,..™
District of Columbia—Washington
Sixth
In
398,164
551,263
+ 19.2
844,878
7 V
for the week follows:
summary
■
.
5,731,000
Carolina—Charleston
South
;
j
;*4.
;
57,196,115
X
Richmond
Our comparative
4.0%,
increase for the week ended Friday of
an
West
;
$
$
$
Reserve District—Richmond-
Fifth Federal
1939
1940
%
1941
1942
compared with a year ago.
Bank clearings this week show an increase
13
June
Ended
Inc. or Dec.
THE COURSE OF BANK CLEARINGS
Sudbury
Total
370,268,762
V+X*.
248,678
'•647.431
,
'
552,550
:<■
498,482
0.4
500,700
588,203
v
476,905
1,025,556
—
(32 cities)
»:••'■-•"'Estimated*-'-»•
.570,780
638,746
—18.9
408,255
1,171,912
—12.5
1,020,296
472,08*
1,118,818
267,359,911
313,571,579
573,230
365,811,758
+
1.2
.
..
„
,
THE COMMERCIAL & FINANCIAL CHRONICLE
2362
General
RAILROAD
Adams-Millis
'>
sales
Net
*
$6,909,860
6,440,867
6,031,733
241,048
233,309
$1,074,137
$644,818
—
_*—_
Operating profit
income
„
——
,
for
5,568,498
income
42,111
_
$700,968
27,346
$672,164
26,675
,
Other, deductions
•Federal
bank
5,239
14,666
162,872
Common
$472,250
$624,231
—*
*
dividends
$553,163
Surplus
Earnings per
195,000
*.
156,000
156,000
$429,231
—
i.*.
share*'*.
common
$316,250
$397,163
14
'•
•
the
market
of
in
$30,000),
cost
at
$586,976;
market,
or
cost,
$388,422;
aggregate),
trade
accounts
etc.,
(less
receivable
of
excess
at
the
(less
Other
Aluminum
Advance
Castings
Idle
plant expenses
American & Foreign Investing Corp.—Larger Div.-—
the
Balance of
632,695
40,104
30,905
1,772
8,663
1,728
$356,412
$138,843
454,000
400,940
State income taxes.*
profit for the year
dividends
,
.
Excess of cost ove$"par
62,000
2,849
Previous earned
365,000
555,000
315,000
$245,420
$783,527
244,370
245,000
-
'**_*—.
•
-—:
:
1,050
:
SEC
before
Fed.
for
prov.
inc.
Fed.
Cash
$359,938
$141,692
$118,248
$34,060
*256,790
tax**
taxes
38,966
25,400
10,432
•Inventories
Net
profits carried to
'
Earn, per
$103,147
$102,727
.**———
surplus
39,967
39,967
stk.
$0.64
$0.64
:
.
sh.
on cap.
•Includes excess profits tax.
Balance
Assets—Cash
in
bank
.
tLand, buildings, machinery and eqUip., at cost
Prepaid insurance premiums, etc,-:
-—
$23,628
$92,848
39,963
$0.58
'
.
$0.15
Total
Sheet, Jan.
hand,
on
Affiliated
for
serve
reconditioning
salaries
$4,500;
expense,
payable,
and
accrued,income and
Provision for additional paym.
taxes, other than Federal
interest on notes payable, $2,071; workmen's
compensation artd liability insurance, $2,970; Federal income and excess
commissions,
$14,536;
profits,
excess
$25,094;
Preferred stock
deferred liabilities, $206,603; common
($5 par). $799,600; surplus, $394,946; total, $1,828,981.—
profits taxes for 1941, $201,474;
fCommon
capital stock
152, p. 2227.
Capital
V.
surplus
Total
Build New Glider—
—
lower
•At
corporation will soon go into volume production on a threeplace glider, according to Carl Friedlander, President.
The glider conceived by the CAA and designed around the com¬
pany's defense trainer, will use the same wing section and fuselage
with a modified version of the Aeronca landing gear.
In place of the
Note—Under
June
Corp.—Affiliate Enlarges Coke
The Wilputte Coke Oven Corp. on June 16 announced that construc¬
tion of by-product coke ovens is keeping pace with increased pig iron
and
capacity.
building, totaling 403
by-product coke
ovens,
battery being for various companies in the steel industry. The latest
contract calls for a large battery of Semet-Wilputte underjet ovens,
recent
months,
The
firm
is
a
aggregating $440,000 have been made in
and
'
:■ "■■■■ v
sales
net
all
taxes
for
times
30,804,312 149,183,713 123,445,169
net
Consol.
Earns,
per
2,987,856
1,597,595
10,884,51$
6,488,513
•These
of
basis
the
amounts
based
upon
*5,545,000
1,870,000
$987,856
$942,595
$5,339,519
$4,618,513
$0.38
$0.36
$2.29
$1.91
applying the
certain
Real
at
a
the
manganese
!
.
>
Co.—j-No Common Dividend—
recent
meeting
took
no
action
on
on
income have been
made
on
"last-in, first-out"
principle of determining
inventories, and 1942 taxes are
proposed by the House Ways and Means
merchandise
rates presently
Committee;
on
Co.—Listing of Common Stock—.
American Distilling
the listing of 259,000
shares of common stock (par $20); in connection with the acquisition
of all the assets, property, business and goodwill (exclusive of amounts
reserved for the payment of liabilities) of American Commercial Alcohol
Corp..
U;r-^
The stockholders of American Commercial Alcohol Corp. on April 7,
approved a resolution calling for exchange by the stockholders of their
stock in the corporation for stock of the corporation's wholly owned
subsidiary, The American Distilling Co. (Md.),: share for share, and
The New
thereafter
Arranges $6,000,000 Bank Credit—
York Stock
Exchange has authorized
corporation has informed the SEC that it borrowed $6,000,000
May 28 from the Bankers Trust Co. and the Chase National Bank,
issuing notes dated May 28, 1942, due Jan. 31, 1944. The banks shared
dissolution
equally in the loan.
The money, was borrowed
entire
under
a.
credit
agreement which
$6,000,000 shall be' used by the
provides
corporation until Jan.
of
the
Bank of the Manhattan
The
The
the
for the
common
stock.—V.
on
the
—
Miscellaneous
-
'
.
.
1940
1
>.
4,891,850
—
*
■
1
/
3,211,437
1,949,446
—
83,433
85,099
21,274,232
investments
receivable
to
.
$13,366,738 $12,594,333
423,434
361,915
14,937,534
980,897
453,952
—__
Inventories
Loans
•.
»———.' J
*
Accounts
.
31..
1941
Bee.
Marketable securities—
-
——
.
(secured)—.^
i*
82,845
336,477
employees
charges
Total'.
—J—
LiabiHties—
'
234,303
J
$41,295,543 $33,972,385
———
*
'
'
•
tCapital stock
Notes payable—banks**.
•
$19,374,156 $19,374,15$
3,950,000
—
'—*4
—
Accounts payable and accruals—**
Federal and State taxes ■
—,.—*;
******
4,792,863
—
1,678,133
Earned
—
—
fTreasury stock
—
735,523
' 337,958
14,461,991
13,602,881
s
surplus
3,441,976
.
558,509
Reserve for contingencies
Dr3,520,109 Dr3,520,109
;
*—*
Total
1
*——
•After
depreciation
•(Represented
by
of
$9,072,492
1,400,000
shares
$41,295,543
in
of
1940
no
and
par
$33,972,38?
$10,815,255
value.
in
1940.
-^Represented
by
98,680 shares of common stock.-
May Sales Up 38.4%—
.
Period End. May
31—
1942—Month—1941
1941—5 Mos.—1941
•
$15,762,781 $11,382,957 $82,644,976 $58,509,232
r-^V.
155, p. 2002.
■;
.
American Thermos Bottle Co.—Extra Dividend—
directors'haVe
The
in
addition
on
the
of
on
of 50 cents per share
dividend of 50 cents per share
both payable Aug. 1 to holders
Quarterly distributions of 50 cents per share were!
the
to
A
common
record
made
Jiily 20.
F6b>
2
declared
regular
stock,
and
1941 were as. follows;
and
Nor.
extra dividend
an
quarterly
no
par
value,
May ,1, last.Payments on this Issue during
Feb. 1 and. May 1, 50 cents each; and Aug. 1
1, $1,25 each.—V. 155, p.-1502.
*
-
-
•
American Water AVorks & Electric Co., Inc.—Output—
*
Output of electric energy of the electric properties of this'company
ending June 13, 1942, totaled 71,002,000 kwh„ an increase
13.26% over the output of 62,686,800 kwh. for the corresponding
for the week
of
week
of
1941.
.'
"
.
.
~
..
>
••Comparative-table" of .-weekly? output of" electric energy for the last
years, follows:
- :.. ! ;'
; 1941
1940
1938Wk. End.—
-'1942
<
:
1939
38,603,000
61,948,000
52,597,000 1 44,616,000
May 23—*-i 71,055,000
36,060,000
59,994,000
49,369,000
42,790,000
May 30—— v 70,068,000
June : 6***.
38,670,000
69,879,000
61,781,000 r 52,392,000
45,105,000
June 13
38,033,000
71,002,000
62,687,000
52,870,000
46,041,000
five
*
—V.
corporation.
Co.
155, p.
has been
: .
" .
appointed transfer agent
*
;
T
1670.
.
::
155, p. 2272.
Copper Mining
Retire 4 V2% Debentures—
Cornelius
that
the
interest
gate
to
trustee
American European Securities Co.—Com.
The
directors have declared
dommon
stock,
and'the
a
dividend
regular quarterly
of
25
cents
Div. No. 2—
per
share on th
dividend of! $1.50 per sha-fe
■
Anaconda
~
that
.
■
estate, plants and equipment
Cash
the common
payable about
share were made
June 14, Sept. 15
Balance. Sheet
Consolidated
of Pennsylvania
follows: For year.
as
...
■
June 15. Distributions of 15 cents
this issue on March 16, last, and on March
14,
and Dec. 15, last year.1; The company has no
fixed dividend policy.—V. 155, p. 1670.
j
'y
ordinarily
are
-
■
655,000
share,
of
of
•
directors
•
•
*2,000,000
provisions for Federal taxes
the
Dec. 27, 1941.—V. 152, p. 3799.
Foundry Co.—New V.-P.—
&
.
profit,,,
com.
head
Black,
'
57,627
1,301,320
-r
*$0.04
-
invalidation
Court
Supreme
,
Unamort. cost of leasehold improvement
under the dividend guaranty agreement
to be provided out of
Shoe
.
dividend
per
profits
income,,
on
a
-
.
The
36,787,169
taxes, normal taxes &
surtaxes
P.
.
due' to
taxes,
State
1
14,700
502,999
1,301,320
$0.88
-$0.76
•
Goodwill.
The amount required
taxes.
American Colortype
estimated
excess
elected
.
income*,.,,
on
Federal
1941,
maximum
steel division,, has been
Vice-President, effective immediately—V. 155, p. 2272.
Willian
IV;:/ $
?£ $
31,068,518 157,527,509 126,327,125
Federal
before
Provision
I
not
during both periods),
Profit
$«;•;
by
$1.66
Assets-r-'
under
American Brake
1942—12 Mo*.—1941
(excl.
stores
at
owned
'T
-
36,787,169
sales
of
sales
27,
r-
.
57,627.
650,660
13,612
1,301,320
•
1,301,320
Sales
this agreement cannot be ascertained until the
corporation's liability thereunder and the liability in respect of addi-r
tional taxes have been determined; however such amount will not be
profits
•
1941), and
additional
(& Subs.)—Earnings1942—3 Mos.—1941
"
Total
(as adjusted in
profits $275,000
in excess of $754,333 and interest from
Allied Stores Corp.
Total net
at Dec.
for additional
future
subsidiary
859,109
par)_
Tax
760,761
respect of this
profits for 1941 $555,000, a total of $830,000, for
obligations
of Semet-Solvay
Co., which is a part of Allied Chemical & Dye Corp.—V. 155, p. 2272.
period End. Apr. 30—
their
of prior years'
out
of the
Store
1938, 51 cents,
Deferred
payments under this agreement and for additional taxes.
The combined provisions as above are in respect of the
together with required additions to existing by-product and benzol
plant facilities..
Wilputte has completed construction of five other batteries of coke
in
fl40,000
$619,198. Pending the settlement of the corporation's Federal
tax liability in relation to the provisions under this agree¬
and other matters, there have been provided, in addition to the
above,
out
1,301,320
___•
(no
953,662
653,761
1,153,659
•989,602
•973,990
•Adjusted earnings after
Chain
•
657/765
244,000
guaranty agreement, the dividends upon the
State
ment
all but
one
ovens
dividend
of
sum
A contract just awarded to the Wilputte
corporation of New York City brings to six the number of batteries this
now
1940.
1941, and $4,211,514 at Dec. 28,
of
agreement out of profits prior to 1941 (including $75,000 applicable
to that period adjusted in 1941), and provision has been made for the
further payment of $179,198 out of the profits for 1941, an aggregate
Capacity—
alone is
a
or
Payments
firm
depreciation
for
original amount of the advances under the dividend guaranty agree¬
ment,
together with interest at;-:5%:y toyDec. 27, 1941, aggregated
$1 373 531.
v
'
' 1
^
•,
1
■
,
2002.
and steel productive
$9,273,054
$9,857,637
reserve
assignees are entitled to repayment of these
advances with interest at "5%
out (of profits after provision has been
made
for the then current dividends on
the preferred stock.
The
22,
Allied Chemical & Dye
-280,000
2,129,703
1,823,813
1,823,813
;***
tAfter
315,000
3,500,000
corporation's cumulative 7% preferred stock for the period from July
1, 1925, to July 1, 1929, were guaranteed by other companies which
$796,250 for this purpose. The agreement provides that the
1942 the Manufacturers Trust Co., will act as
registrar for the prior preferred convertible no par value stock.—V. 155,
p.
830,000
3,486,000
280,000
2,129,703
—
*
market.
or
365,000
advanced
Alleghany Corp.?—Registrar—
Effective
cost
Shs, outstdg.
-
269,000
for .year_'_
-
*
1,160,000
Earning* per shaf
492,480
2,440,511
1,010,309
653l024
763~798;
2,160,429
-
shares each of common and class B common stocks.
guarantors
■
of
$4,420,594 at Dec. 27,
motor, a special nose piece has been designed with an additional pilot
seat.—V. 154, p. 329.
y
J,
.
Jan. 1, 1933—'
3,065,733
taxes——
Surplus
■
($100 par value)———
Earned surplus since
The
for
,
2,351,837
88,674
•
income.
Net
Under div. guar,
stocks (no par value)—J———
2,978,150
1,066,523
security taxes—..
Dividends
179,198
*
"
—
agreement and additional Federal and State
income and excess profits taxes*1
—
>*.—.
$37,861;
Aeronca Aircraft Corp.—To
1*——1
2,970,163
95,570
1,151,979
50,561
52,858
23,085
[
621,932
.
note)—L—————
—
2,879,464
98,686
tax__—
; ■'-■ 9,95$
■
28,804
•
payable under dividend
amount
for
guaranty agreement (see
wages
income
chain-store
Social
$222,269
8,330
-
17,219
companies,- current accounts:.**——
capital stock taxes)
and
15,667
>
,
78,972
(incl. est. Fed. huv excess profits, State
Taxes
$73,026r re¬
'
'
—.
Other accrued liabilities..
Provision
accounts
$66,299;
$345,187
21,143
5,197,551
38,655
;
Depreciation
Pa.
1938
1939
2,157
5,236,206
—
——————
earnings-—
Total
14,435
Years
Calendar
for
1940
2,272
2,416
$
$
$ '
•
$
■
157,677,475 124,838,735 .114,824,010 109,852,807
130,922,696 103,298,309
93,124,037
88,482,765
21,557,228
18,660,962
18,729,810 19,018,205
*
sales-.—
Reserve
creditors, etc.--------*--*-*-:*---.---.**
Outstanding payroll drafts—*—:———
Employees' accountsvpayable—**-,^-.^*1.—A.-:Accrued payrolls
——_*„ J—-—
receivables
$347,141;
$1,828,981.
payable,
Net
$9,273,054
Trade
3, 1942
(less re¬
serve
for bad
<fiSbts, discounts, etc., $56,117), $412,321; inventories,
valued at cost, or market if lower, $243,818; miscellaneous assets
(less
reserves
for
depreciation),
$86,300;
deferred
charges and prepaid
values,
$13,710;
fixed assets
(less depreciation reserve,
$475,530),
$715,362;
patent license
at
cost less amortization,
$10,330; total,
Liabilities—Notes
12,409
$9,857,637
—
Account
2,130
Other income
Liabilities—
.
and
995,745
1,410,831
92,675
3,284,763
—
*
,
1,971,097
92,276
3,549,546
,
of
Cost
Expenses
$3,474,605
988,140
—
'
advances
"and
Application—
application
utilities companies,
Income
stores—
Gross sales
$3,244,169
!
receivable
_*
Investments
Dividends
155, p. 2178.
1941
'
I——**
*_._——_*
notes
and
Accounts
public
Consolidated
Dec. 27, '41 Dec. 28, '40
—
■
for
the
denied
in
$1,823,813
$1,823,813
Comparative Balance Sheet
Assets
'
Net prof,
quarter,
American Stores Co.—Annual Report—
—
1,823,813
surplus.*
Dr4,462
has
stocks
$538,527
1,285,286
——
—
surplus—**:.—i
Total earned
'
Prov.
each
value of 140 shares pre¬
surplus
Balance,
$38,522
£>rl6,423
share on
cents per
payable June 22- to holders
share,
the corporation paid dividends of 10
the last payment at this rate having
of the corporation, holder of
for a general exemption;
but granted the company partial exemption under Section 6
(U) of
.the Investment Company Act of 1940.
r:
5
Where a company owns securities defined as "investment securities"
having a value exceeding 40% of its total assets, although it had for
many years owned and held securities without material change,
the
Commission held that such company is an investment company within
the definition of Sections 3 (A) (3) of the Investment Act.
The Commission exempted the company from certain provisions of
the Act to the extent necessary to permit it to repurchase its deben¬
tures to meet the requirements of its bond and debenture agreements.—'•
V. 152, p. 2378.
;
The
certain
—
179,198
ferred stock retired during year*————
1,127,068
$134,671
3,526
profit*
Other inc. & exps., net
operating
12 Va
of
dividend
a
10 cents per
Previously,
March 23, 1942.—V.
on
Number of
Net
declared
par
11.
share
per
532,755
43,037
1,629
,
$2,471,540
have
June
American Railways Corp.—SEC Denies
$2,945,534
428,631
655,995
Cr3,559
of advances under div.
guar, agreement (see note to balance sheet)
Provision for additional paym; under div* guar,
agreement and for additional inc.; and excess
profits taxes (see note to balance sheet)
1938
666,454
cents
Provision for repayment
$1,737,913
1,621,577
directors
capital stock,
record
been made
$$3,343,535
438,272
668,236
„;*—
741,403
—
(net);-*—*-*i*
charges
Preferred
1939
$2,117,651
1,308,409
recommendation* that
The
Dec. 27,'41 Dec. 28, '40
Provision for Federal and
Corp.—Earnings—
1941:
1942
$2,782,377
Cost of sales
*—1,814,294
Sell. & admin, expenses
562,510
Prov. for depreciation.
47,434'
*»
——
Self of
Rid
control of
to be received by L. A. Cushman, Jr., Chair¬
for whose account the stock was to
Provision for Federal excess profits tax
1301.
Years End. Dec. 31—
Inc.—Urged to
Lines
Export
Aeronautics Board June 11
of the company,
Depreciation of fixed assets
—i.
Selling, administrative and general expenses...
sup¬
r
of
Bemberg Corp.—Annual Report-
profit
Operating
land,
for
Fed¬
(esti¬
stock
total,
Net sales
cents
the company be required to divest itself
American Export Airlines, Inc., was filed with the Civil
by one of its examiners.
The recommendation, by J. Francis Reilly, is subject to review by
the
board.
Mr.
Reilly said that' American Export Lines. should be
required to rid itself of control of American'Export Airlines "within
a
reasonable time' after the present war has terminated."—V. 155,
p. 2090.
•
■
and
•
Years Ended—
reserves
machinery in transit,
25 to holders of record
per share was made on
since.—V, 255; p. 1500.
June
40
statement of Profit and Los* and Earned Surplus
of
lower
assets, $53,540;
cost
payable, $208,872;
p.
corporation
the
for
have been sold.—V. 155, p. 2272.
reserve
$8,113;
$5,170,185.—V. 155,
capital
,
withdrawn its registration statement (2-4714) filed
class B no par common stock.
The company
All proceeds were
than
(less
accrued taxes, $14,173;
eral and State taxes on income of the year ended Dec. 31, 1941
mated), $488,000;
reserve
for contingencies,
$59,000; common
(156,000 no par shares), $614,004; earned surplus, $3,786,136;
Liabilities—Accounts
2178.
p.
of
'
plies ^and prepaid expenses, $148,194; total, $5,170,185.■:
American
A
covering
American
cost
at
other
and
machinery,
depreciation, $2,348,415), $2,242,637;
in
not
investments
buildings,
155,
payable
stock on Dec. 20, last; none
Air Line—
of
securities,
inventories—at
$999,076;
$42,782;
at any
part
r.
-
marketable
$700,444;
working
provide
both
distribution
initial
An
year.
per
in whole or in
15,000 shares on March 28, 1941, and filed an amendment
10 making the proposed offering 9,000 shares at $54.25 per
of the board
man
$3.55
$3.02
SEC
Dec.
on
Balanee Sheet, Dee. 31, 1941
:
Assets—Cash,
$4.00
•
•Includes State income taxes,
to
stock,
preferred
23.
common
registered
share.
;
and
The company has
with
: Net profit
1%
cancelled
be
may
American Bakeries Co.—Registration Withdrawn— r
profit
excess
loans
subsidiaries.—V.
11,608
185,248
*
and
agreement
the
$727,643
486,778
-
income
etc.
taxes,
shall be five-tenths of
not used
credit
during
the
on
the
two-year term on payment of a cancellation penalty
of
Va of 1% for the unexpired term on the amount cancelled.
Pro¬
ceeds from the loan will be used to reduce the amount of short term
time
MISCELLANEOUS
-
June
at
credit
The
232,653
its
Total
INSURANCE
-
made against it.
$6,502,119
y-..
$1,116,248
**.-.«*.*..*w*—
$4,500,000
1939
INDUSTRIAL
-
Thereafter, if borrowings under the credit are less than
least 60% of the company's current borrowings shall be
Interest rate is fixed at 13A% and the standby charge
1944.
31,
1940
$7,756,052
expenses..
Depreciation
Other
PUBLIC UTILITY
-
1941
.
*.
and
Costs
Corporation and^Investment News
Corp.—Earnings—
Years—1
Calendar
Monday, June 22, 1942
Oct.
on
the
F.
Kelley,
Co.—Bank Notes Raid—To
'
-
Chairman of the Board, on June 17
y
had that day paid the entire principal amount and
its outstanding serial bank notes, amounting in the aggre¬
company
on
he
sum
under
of
$10,032,083,
the indenture
of
and ■ that - it has deposited with the
4Va%' sinking fund debentures, due
its
principal and premium
will be retired through
These transactions clear the company
1, 1950, the sum of $944,350, representing
the
,
announced
remaining outstanding debentures which
sinking fund Oct.
1,
1942.
Volume 155
The
•!.
Cost
stock,
$5,397,398
4,961,058
sales____;..j__'_—i.
$744,534
$436,340
$280,567
192,765
117,635
.
Other
profit on
income
'■
i
■
Total
Interest' expense
Provision
(net)
for
deprec.
for
Federal
Provision
•1
Net
to
share
—
cents
com.
on
ended
months
12
64
102,119
259
70,615
20,065
share
per
(
302,130
taxes
income
June
This
8.
par
no
compares
$223,453
$0.20
$0.32
,
made
company
1 to holders of record
and April 1, last.
Pay¬
1 and July 1, 30 cents
1305.,
////'•/;.,/
'
The
152,
1739.
p.
declared
preferred
134,
" •
30
payable June
" /
'
;
,
dividend
semi-annual
final
a
stock,
2520.
p.
Bush Terminal Building
.
Earnings
a
dividend of 10 cents per share
value, payable June 15 to holders of
with 25 cents paid on March 16, last.
the following distributions: March 28,
...
for
Co.—Earnings—
April
Ended
Months
Four
the
.
no
record
■
value
par
June
like
A
30.
a
stock,
common
income
♦After
(excluding profit
for
provision
amount
was
directors
The
anticipated
able
June
made
have
at
taxes
46ya%
a
Dividend—
/
___
Oper,
„
payment
was
1941,
Power
Co.
Subs.)—Earnings—
(&
1942—12 Mos.—1941
$441,300
$406,949
$5,652,880
deducts.
/, 186,914
217,454
depreciation-
for
61,564
51,746
661,112
$192,822
$137,750
$2,262,228
operat.
revenues-
.Other
.
share on
stock, pay¬
per
revenues——
Net
1
cents
similar
A
15.
1942—Month—1941
revenue
Prov.
,
Electric
Period End. Apr. 3C—
Operating
*
June
16, last, and on June 20, Sept. 15 and Dec. 15,
1941.—V. 155, p. 1118: ■
California
Bohack Co.—Earnings—
75
cumulative preferred
7%
record
of
compared with $1 on March 10,
as
Preferred Dividend— /;/ ./
/-;•/ 13 Weeks Ended—
<
•,
May 2, *42 May 3, '41
■;
.The directors' have' declared' a dividend' of $135' per ' share - on
Net sales
$8,840,949
$6,796,342
account of accumulations on the $5 prior preferred stock, covering the
Net income after charges and taxes—
♦126,088
/ 21,729
quarter ended March 31, 1942, payable Aug.' 1 to holders of record
♦Equivalent to 68 cents a share on 105,537 shares of common stock.
July 21.
A like amount -was paid in .each of the 10 preceding quar¬
Note—Inventories as of May 2, 1942, were shown at $3,513,305, as
ters, the Feb. -1, 1940, payment being the first since Nov.
1, 1937, : '
compared with $2,543,373 on the same date in 1941.—V. 154, p. 179.
when $1.25 per share was also paid.—V. 155, p. 1594.
of
dividend
a
the
on
holders
to
18
March
on
declared
accumulations
of
account
and
19,
(H. C.)
v--...
$292,000
155,973
rate.—V. 155,
purchases)
bond
on
2180.
p.
dividend of 25 cents per share
payable July 15 to holders of
paid on April 24, last, and on
1941, and compares with 50 cents paid on Oct. 30, 1941,
25'cents each on Feb.1- 27 and July 31. 1941.—V. 155, p. 1628.
Dec.
1942
30,
(approximately)
Earnings
-♦Net
Machine Co.—25c. Div.—
The directors on June 17 declared
on
a
record
of
:
Steel Foundry &
Birdsboro
a- v
$1.50
of
holders
to
.
,
Calaveras Cement Co.—Accumulated
•
.
There
.
share of common.,
ceding 12 months of $740,157, equal to 59 cents per
the
on
8.—V.
one
9.
have
directors
share
June
15, 40 cents each; and Dec. 15, 45 cents.
cents; June 16 and Sept.
—V.
;/£.
$79,600
.
Nil
March 31,/1942, net profit was $773,984,
on common, compared with net in pre¬
stock
25
:
the
1941,
121,500
—
//' $302,119
___L—~
per
the
For
equal
depletion-
and
•; •
profit
Earnings
j
,
141,050
--r——-1
.-'"v
»
■
$553,975 .//)' $323,543
115,961
11,946
192,000 '•*■# 132,000
Admin., selling., etc., expense—1
•
-
$937,299
inbome
'
stock,
common
record
In
'
April
2,
June
on
stock on a basis of five shares of the $5
share of preferred, President Paul Hagen
are 2,334 preferred
shares outstanding.
common
for
common
announced
declared
recently
directors
the
on
42,975
;;
Jan.
25 cents.—V. 155, p.
1,
;
.
July
payable
paid on Jan. 2
was
follows;
as
value
par
the
Bird Machine Co.—10-Cent Dividend—
*
The
Gross
amount
were
holdings into
.
dividend of 25 cents per share on
a
value,
par
no
like
A
in. 1941
each, and Oct.
:
1940
$2,416,027
2,135,459
-
'l
sold_>
24.
ments
$5,585t821
4,841,285
,
—
______
of -goods
June
>
—-
■/.'
3 Mos. End. Mar. 31—
Net sales
;
Subsidiary Companies]
1942
1941
[Including Wholly-Owned
-.■■■v..
Co.—Earnings—
have declared
directors
common
American Zinc, Lead & Smelting
,
their
Bickford's,<Iuc.—25-Cent Common Dividend—
of all indebtedness except accrued taxes and current obligations, , the
'announcement concluded.—V; 155, p.- 2272.-/•
•
2363
CHRONICLE
THE COMMERCIAL & FINANCIAL
-/Number 4083
income
(net)—_
$5,266,123
2,729,539 ,/ 2,677,575
/
614,462
$1,974,087
4,269
3,437
46,541
39,799
$197,091
$141,186
$2,308,769
109,075
113,881
1,334,455
$2,013,886
1,384,159
32,300
120
159,866
42,480
$55,716
$27,185
$814,447
$587,247
,
Gross
Anaconda Wire & Cable Co.—Awarded
It
excellence
,
that
announced
is
emblem
the
plant
ceremonies; to be lield today (June 22) at the
;
/.
Navy "E"—«
this
of
company
Consolidated
Boston
•*
three
men
by
E.
Farnsworth,
announced
at
E.
plant.-^-V/155, p. 1749/
H.
in
charge
tion department.
Anchor-Hocking Glass Corp.—15-Cent Com.
The
directors
12
June
on
declared
Otto
'
common
*
-
Year
for
Account
Income
since
[Stated for convenience in terms of United States
etc.", $88,412; provision for de¬
preciation and amortization, $424,876; provision for ad¬
justment of investments to market;i value, $1,324,341;
payment to the Colombian Government in lieu of free
transportation of oil, $143,164; foreign government in¬
come, capital find excess profits taxes, $1,182,209———
/
received
dividends
and
earned
Interest
:
income
Dividends paid
Sheet at Dec. 31,
Balance
Assets—Cash, $2,697,033; loan
receivable less
accounts
reserve,
1941
3,163,003
;
■1
200,000; earned surplus,
,
against collateral security, $2,200,000;
$1,361,174; investments in stocks and
;
'
June
In
of this month,
June
stock,
10
no
par
similar
A
following
declared
value,
payable
distribution
dividends
was
♦Net
1942—Month—1941
$180,110
$141,468
♦After
but
of May 31,
charges
liabilities
as
Total
Associated Gas & Electric
Co.—Weekly Output—
!
..Ago.—V. 155, p. 2273.
Atlantic
by SEC—
:
-
The SEC has
1
Line
Coast
.
•
June
25,
/
1
April
15,
1938
1941,
application of the company, ask'ng the Com-
•
♦After
Wirebound
have
payable
$2
■;
i;
'/ ./;• z
per
has
been
each
made
with 37'/2
of
quarter
cents
cents
50
cumulative
$1.50
holders
to
22
of
dividend
a
the
on
Div.
Ltd.—Accumulated
Boxes,
declared
July
compared
as
each
share
on
stock,
no
per
class
A
record June 17. A similar
since and including July 2,
on
Jan.
2
April
and
1941.
1,
/■/
,
Cape & Vineyard Electric Co.—Earnings1941
1940
$1,348,758
$1,247,590
876,470
752,571
—$472,287
21,530
$495,019
$493,817
Z $510,532
Years End. Dec. 31—
Operat.
49,288
36,072
$3,136,528
$2,782,505
1,403,698
977,127
578,123
500,817
Net
1,134,320
19,881
133,874
42,702
178,620
63,878
Other
(electric)
revenues
;_
and provision for
expenses
retirements
24,318
$3,677,345
Operating Income —;
(net)
Other income
excess
—
—
15,513
i
ir
- ..
.
.
.
,
.
,
.
/
.
.
$785,325
$742,813
681,881
64,458
140,239
—$192,069
/_——i.
income
81,812
75,930
145,157
$224,023
/
$3.73
$3.49
$3.25
.
$5,985,515.
on
sales
to $183,215
amounting
in
1941,. $196,388 in 1940, $284,151 in 1939, and $397,553 in
1938.
ordfer. under section 3 (Bi (2i of the Holding Com¬
tlncluding depreciation of $174,012 in 1941, $171,635 in 1940, $178,428 '
Act of 1940 declaring that it Is not an investment company
tlncludes $256,045 in 1941, $161,521 in
within .the meaning. Included in company's assets is 26.9% voting in- '•/ in 1939, and $175,791 in 1938.
1940,
and
$99,871 in 1939, undistributed earnings of foreign subterest in Atlantic Coast Line RR. Co.
■
r^y-y.
mission to issue an
stock
Liabilities—Capital
stock,
Jan,
taxes paid
Dee, 31, 1941
capital, $5,224,517; investments
(at cost),
$15,859;
deposit for bortd interest payable Jan. 1, 1942, $15,000; special deposits,
$100,000;
current
assets,
$586,841;
deferred
debits,
$43,298;
total,
682,886
$3.56
*
$577,661
676,173
deducting excise
80,659
payable)
profits tax
Assets—Fixed
$2,217,810
1,640,143
„
667,251
share.
i
income
excess
Balance Sheet,
$1,171,003
$5)
from
(no
______
—$$2,877,960 $$2,523,642 $$2,379,785
1,706,857
1,738,317
1,636,972
'
income
taxes
Net
500,000
—
;
:
deductions
Federal
and
(par
income
Other
-
mm
per
of
foreign
>'<:/•
Earnings
.' /.'/ /•••«*.-'''' /
";'-V
dividend
a
In 1941 the following distributions were made:
15, $1.50 each, and Oct. 31 and Dec. 31, $2 each.—
155, p. 1404.
$17,562,643 $16,040,551 $14,849,993
55,876
—
stk.
1941
$4,275,000
$4,654,000
>
declared
accumulations
of
value,
par
$5,435,759
charges.
future losses
com.
last.
directors
account
12,091,805
commitments
Shs.
^
:
have
directors
April 15 and July
122, p. 1306.
$2,758,188
Surplus
Co.—Held Investment Company
1942
,
——
2274.
p.
Canadian
12,940,095
Net profit
Dividends paid
\
,
,
'■/: •'/,."
•■■
share on account
accumulations on the 7% cumulative preferred stock, payable July 15
holders of record July 8.
This- compares with $1.50 per share paid
on
'
an
155,
■";:/v-///.v <'/
2274.
p.
■■■/'"••■
x
$3,100,456
W
$5,864,000
and
28
1939
1941
$6,917,000
Z V.
t
1940
,//
1942
Week End. June 14—
earnings
The
of
13,934,586
inventories
on
>
Ry.—Earnings—
Canadian Tube & Steel Products, Ltd.—Accum. Div.—
last.
25,
$3,628,057
tax
Prov/ for
-
I
denied
March
holders
to
March
17,064,930
taxes
profits
Gas & Electric Corp., report for the
week ended June
12, net electric output of the Associated Gas &
Electric Group was 118,759,653 units (kwh).
This is an increase of
9 650 808 units or 8.8%
above production of 109,108,845 units a year
■
30
on
$5,379,883
for Federal
Prov.
ex¬
2302.
18, p.
!
'.. /
share
per
expenses
Prov. for Fed. &
Associated
of
Trustees
155,
—V.
v
income
income
National
Traffic
to
cents
operat'ns
Miscellaneous
The
U
last,
$2,842,190,
were
projects
: ZZ/'/Z ■ /'■
Z./;':'Z/Z: ■•:/./ Z//::-: Canadian Pacific Ry.—Earnings—
—V.
Other income
amounted to $4,646,033 and cur¬
comparing with $3,289,756 and $1,417,765, respectively, on May 31, 1941.
Company reports contract, work on hand is $23,949,947, including
$9,433,539 worth of new work awarded to company since first of the
year.*—V. 155, p. 2091; V. 154, p. 1590.
assets
Current
rent
—V.
distribution
discounts $22,444,814
from
deduc¬
and
discount
With
costs of
"Chronicle," Thursday, June
Operating
Profit
for re¬
tAfter
etc.
debt
etc.'—
Canadian
al¬
returns,
&
ministrative
1942—5 Mos.—1941
$441,725
$368,371
before Federal and State income taxes.
profit
50
June
made
paid:
were
goods sold, selling, advertising & ad-
Arundel Corp.—EarningsPeriod End. May 31—
<
of
dividend
a
1941
less
of
Week End. June 14—
Consolidated Income Account for Calendar Years
lowances
plant,
electric
amortization
abandoned,
The
♦Sales,
of
lease
charges,
Gross revenues
Bristol-Myers Co.—Annual Report—
of 50 cents per share
Interest
155, p. 2274.
he
Cost of
r:<
which began
Sept. 30, 50 cents each; and Dec. 24,. 75 cents.-r-V. 155,. p. 2092.
Co.—50-Cent Div.—
for
rent
reserve,
amortization of preliminary
See
probably will be less than 400,000 cases because of
on
23.
the
1941,
925,574
appropriation
taxes,
./■/•/'
common
record
980,780
——
maintenance,
SEC#//:/.//::
corporation thus far in its fiscal year,
beginning
directors
the
on
.
•
V.
47% ahead of the like period a year ago, according
President.
sold 691,000 cases of beer in May, said Mr. Bohannon,
ordinarily sales would have amounted to about 750.000
in June but
the
2,061,630
Camilla Canadian Mining Corp., Ltd.—Registers
this
that
—
all
1941
$5,360,968
2,086,564
income
operating expenses,
for
pense,
of
has been declared on the common
stock, par $10, payable July 1 to holders of record June 22.
A similar
distribution was made on April 1, last.
Payments in 1941 were as
follows: April 1, July 1 and Oct. 1, 50 cents each; and Dec. 18, a yearend of $1.75.—V. 155, p. 1008.
.
y .
x;
,
:
A dividend
a
Briggs Mfg. Co.—To Pay 50-Cent Dividend—
Z
k
tions
restrictions.
The
$1,415,427; total, $13,236,681.—V. 155, p. 2003.
Arrow-Hart & Hegcman Electric
Preferred Dividend—
1942
$5,634,284
income
tirement
said, the industry has been
allowed steel for bottle crowns only up to 60% of the 1941 rate.
The
corporation, it is stated, is meeting this situation as far as is possible
by the use of more quart containers in place of pint bottles. It also
is using a
crown of thinner steel which makes it possible to make
a large number fiom a given amount of metal.
The second restriction placed on the industry is the order requiring
a 25%
reduction in delivery mileage.—V. 155, p. 2091.
and accrued liabilities, $1,255,918; in$365,336; capital stock, 2,550,000 shares, no par, $10,-
reserves,
surance
operating
was
company
Since
payable
Liabilities—Accounts
June 18 paid
on
Oregon Power Co.—Earnings—
revenues
♦Net
155,
Bohannon,
added
cases
charges, $11,443; total, $13,236,681.
and deferred
prepaid
of
1941,
A.
The
who
accrued interest, $3,335,968; inventories of materials
and
supplies,
$561,110;
long-term loans and agreements of sale,
$703,587 deposits and other special funds, $73,923; capital assets, less
reserve
for depreciation and amortization of $23,079,819, $2,292,442;
•
distribution.—V.
/
1,
J.
to
including
bonds,
•
corporation
Business
Oct.
7,650,000
————
—
charge of distribution
of
charge
in
•
$5,299,915
—
_____
Vice-President in
Assistant
Vice-President
Brewing Corp. of America—Sales Up—
'/
1916.
155, p.
12 Mos. End. Apr. 30—
/ Operating
tNet
3642.
p.
profits tax.—V.
excess
1935, has been made Vice-
dividend of $3 per share on the
preferred stock, no par value, to holders of record June 15.
This com¬
pares with $6 each on May 28, 1941, and on May 29, 1940.—V.
152,
new
Net
Smith,
becomes
1940,
The
$5,845,065
454,849
Balance
»
♦Including
accounting.
of
Boston Garden-?Arena Corp.—$3
$9,008,068
operating income
Solicitors' fees, salaries,
since 1937, becomes Viceelectric division and investiga¬
company's
In the President's absence he will exercise the duties
'.
charge
F.
—
Federal taxes
income
♦After
currency]
Net
Net
1403.
p.
1941
Ended Dec. 31,
♦Prov. for
California
in
".Thomas
Andian National Corp.j Ltd.—Annual Report—
:
the
of
deductions
Income
was
company
——
President.
Price, auditor of the company since
President
stock, no par value, payable July 31 to holders of
record July 20.
A like amount was paid on April 30, last, and on
May 15 and Aug. 15, 1941.
A year-end dividend of 60 cents was also
paid on Dec. 15, 1941.—V.' 155, p. 1827.
'
tlj.c
on
this
of
vice-presidencies
/ of President.
15 cents per share
dividend of
a
Div.—
to
assistant to Mr. Farnsworth
Eacker,
President
M.
Co.—Vice-Presidents—
Gas
of
Election
"E"' for
present its-cherished
Ind.,
Marion,
the
to
will
Navy
income
(par
$1,400,000;
$25),
premium
on
capital
long-term " debt,
$2,000,000;
bond
Interest
payable
$15,000; current liabilities, $234,844; deferred credits,
reserves,
$729,312;
contributions
for
extensions,
$29,916;
$650,000;
1,
1942,
$29,607;
earned
surplus, $896,836; total, $5,985,515.—V. 155, p.
188.
pany
,
>
its
In
i
and
finding
opinion
the
Commission recalled that in a
determined that the applicant
"'preliminary opinion the Commission
was
not excented from the definition
'
of the term "investment com¬
no
material' qhange. has occurred
-.Assets—
to regula¬
adds that
since»the preliminaryxfhidings were
made.—V.
155,'p." 11305.
'
.
,,
.
r
v
.
...
Cash
—
and
♦Notes
•.
/ / Atlantic
v*
'
from
directors
Other
June
recently
1, 1941, to and including Dec.
Deferred
Trade
1, 1941.—V. 155, p. 1915. .../
Personnel—
155, p. 2273.
;
4,873
furniture,
*
Reserve
Reserve
Z
for
future
on
2,164,038
,
per
from
share
the
will
net
Dividend—
be
made
income
of
on
Luce
July 9
Co.,
&
the
be
The
Central
withheld
10%
of
Distributions
and
37V2
April 15, last.—V.
Aguirre
against
withheld
amount
in
from
case
cents
stockholders.
certain
of corporations
share
per
A
recipients
individuals
were
not
or
Puerto
of
this
citizens
Rican
distri¬
of
the
partnerships 20%*.
on Jafi.
15 and
made
155, p. 1211.
1,914,151
401,479
l
$931,976
Central of Georgia Ry.—Abandonment Denied
The
for
112,549,687
1,082,327
ICC
to
June
on
authority
to
Metter,
6
denied
the
petition
of company
and
its trustee
abandon the line of railroad extending from Statesapproximately 19.49 miles, in Bulloch and Chandler
Counties, Ga.—V. 155, p. 2180.
Central Maine Power Co.—To Merge—
$624,389
1,759,603
Cumberland County Power Co. have filed
Commission a proposal to merge.
as
the surviving company.
Both are
subsidiaries of the New England Public Service Co.
,
Central Maine would increase its 150,000 shares
(no par) common
4,662,298
3,918,807
stock
and
3,501.400
company
the
Central
500,000
___________
The
with
3,501,400'
Elizabeth, N. J.,.will up to the close
/. §Treasury stock
Drl,192,480
Dr855,272
of business, July 1, 1942, receive tenders for the sale to the Bayway
Terminal Corp. of approximately $150,000 par value of 20-year 6%
Total
___• $12,712,483 $10,031,253
income second mortgage bonds,
due May 1, 1957, at prices not ex¬
♦After
reserve
for doubtful accounts and discounts of $143,319 in
ceeding $75 per $100 par value of bonds offered.
z'/Z/ZZ;
1941
and
$128,015
in
1940.
tAfter
reserves
for
The
depreciation
of
corporation announces that durihg the past several years .it
$2,003,413 in 1941 and $1,893,932 in 1940.
has acquired a total of $354,700 par value of these bonds, at a cost
tRepresented by shares of
$5
par
value.
Includes shares to be Issued for - capital stock of
of $147,157.74,
which is equal to an average of about $41.50 per
Drug, Inc., ^Represented by. 24,107
(18,399 in 1939) shares at cost,
$100 par value.
•
>;/••.*•.': :/•;>.
-'
*/'
Ulncludes Federal excess profits taxes.—V. 155, p. 1828.
"The operating results of the corporation have continued to show
satisfactory improvement during recent months," C. Prevost Boyce,
Buffalo National Corp., Buffalo, N. Y.—To Retire Pre¬
President, stated, "and for the first five months ending May 31, 1942,
after allowing for depreciation in the amount of $30,453.85, net income
ferred Stock—
v
available for Interest on the income bonds amounted to $94,151.15, an
Holders of the 6%
$50 par value preferred stock are being asked
increase of $51,121.63 as compared with the corresponding five months
to surrender their stock for $55 cash on or before June 30 or convert
of 1941."—V. 154, p. 537. r:
Z/V; X.Z-Z;;/;//.////
:
$1
1,759,603
inventories
surplus
surplus
____
•
losses
stock
Capital
Earned
./The Elizabethport Banking Co.,
.
accrued expenses
for Federal and foreign income taxes—
commitments
'
,
payable and
to
30,
5,267
566,176
etc.-
;
tax
United States is
244,605
$12,712,483 $10,031,253
Accounts
:
Sought—Earnings—
2,465,708
/:>•/
1
equipment,
charges
marks, goodwill, etc.
tCapital
Bayway Terminal Corp.—Tenders
12,188
Liabilities—
formerly Vice-President and General Manager of the
Pclton Water Wheel Co., San Francisco, Cal f., has been appointed
assistant to the Executive Vice-President of Baldwin Locomotive Works,
—v.
61,188
boro
W. H. Holcomb,
■
bution.
257,321
Total
Baldwin Locomotive Works—Change in
income
1,224,199
8,672
__j
of
will
benefit
1,166,978
3,498,647
investments
/ Land —
tBldgs.,. Machinery,
the
June
C., by the trustee holding the shares of Luce & Co;, S. en C., for
en
69,111
Inventories
Co.—$1.50 Accrued Dividend—
declared a dividend of $1.50 per share on
account of accumulations on the 6%. preferred stock," payable-June^ 1
to holders of
record May 20., A similar distribution was made on
this issue on Jan. 2, April 1 and May
this year, and each month
/ The
$2,535,488
S.
1,426,253
(trade)
Employees accounts, receivable
.
194Q
1,718,006
accounts receivable
Other.; receivables !
.
1941
amounting
record
of
holders
to
$2,999,384
...
Marketable securities
;k
distribution
A
Consolidated Balance Sheet, Dec. 31
pany," by virtue of section 3 (C) (9) as a company "subject
tion unaer the Interstate "Commerce Act." vThe Commission
:
"
Central Aguirre Associates, Boston—$1
sidiaries..
.
to
general
and
Securities
Maine
1,500,000
mortgage
the
and
would
Exchange
continue
shares ($10 par), issue $14,500,000 of first and
bonds, series M, sell $5,000,000 of 10-year .serial
Issue an undetermined amount of $50
Central Maine also would redeem Cumberland's
notes,
and
5%
preferred stock.
preferred stock with
which Cumberland preferred holders, could
elect to receive two shares of Central Maine $50 preferred plus two
common
shares
for each Cumberland 6%
preferred share, or two
shares of the $50 preferred plus one common
share for each1 51/2%
Cumberland preferred share.
Central Maine also would retire its outstanding 7%
preferred issue
in direct ratio to the par value of its $50 preferred stock.
It
also
was
proposed that New England Public Service purchase
261,910 Central Maine common shares and that New England offer for
conversion its holdings of Cumberland securities.
Another
step is for New England Industries, Inc., to buy from
Central'Maine 1/000 shares of priO)| preferred stock and 1,457 shares
an
exchange
offer
under
THE COMMERCIAL & FINANCIAL CHRONICLE
2364
of
i
of
The
Of
•
Both Industries and Keyes are
preferred stock of Keyes Fibre Co.
units
New
Cincinnati Tobacco Warehouse
Public Service.
England
The
application also stated Central Maine would pay off bank loans
X:
$2,650,000%...
The
SEC
June
set
%,X,'% t
,,
for
30
deprec.
and
X
.V/XVy %:XX
■.-%
%;%.%%*;
X
5,793,904
$302,261
$3,391,481
2,276
52,702
declared
income X—_—
Gross
$300,317
$3,444,183
1,489,687
The
(1)
ICC
June
on
10
issued
$1,954,496
Pfd.
dlv.
155,
p.
112,265
112,265
1,347,181
Cincinnati, Chicago & St.
operation by New York Central RR.
of
the
(a i
Central RR.
2092.
V.
Central Vermont
Public
Period End. May 31—
Expenses,
$211,596
$2,774,187
$2,568,749
157,293
2,280,393
1,880,589
The
and
share
income
$46,697
$54,303
$493,794
$688,160
income-
124
100
864
4,378
operating
Non-operating
income
$54,403
$494,658
$692,538
24,121
23,694
293,008
income
$22,700
div.
$30,709
$201,650
13,928
227,136
227,136
requirements-
Steel Products
$176,715
stock—1
shares
of
common
by
the company
Corinne,
Southern
RR.
Junction,
between
Elder
(a)
of
the
between
The
rail
tax
law,
refused
and
of
$601,089
Odgen,
Utah.—V.
past
months
ten
1
"I'd
A said,
the
like
155,
v
The
about
3%
at
since
Under
154.
p.
X chise
last
June
interest
have
to
waived
accrued
charges
enacted
was
have accepted
it,"
is
Judge
all
interest
law
new
•
/
Benjamin
12
which
Commerce
prohibited
common
Epstein
P.
stocks
The
dividend
f
Commission
directed
directors
$12,000,000
last
\
in
.
protect
the
stock
and
_
which
had
accrued
at
Fed.
trustee
.
Like
several
entered
was
which
to
at
show
to
having
rolling
other
is
not
challanged
by
:>
equipment
lateral
The
of
•
other
behind
•
North
view to
% a
the
part-time
officers
that
WPB
than
the
it
that
inc.
the
same
time
and
that
be
National
railroad
the
to
Bank,
cover
the
that
the
the
The
Chicago,
$3,750,000
be
already
Salle
La
specified
be
substituted
Illinois
State
be $6.73
to
(&
trustee
for
the
certificates,
had
$16,253
Federal
Excess
profits
deposits
(at
$15,316,330;
cost),
in
bank
(including $136
$469; total, $15,496,745.
current
dividend
cash,
assets:
deposits),
de¬
$179,946;
(299,498 shs.),
loans payable
(United Gas Improvement Co.i, $171,173;
liabilities, $173,376; surplus, $17,403; total, $15,496,745.—V. 150,
April 1, '39
$14,654,703
$314,097
$662,351
t$61,596
93,015
53,281
$427,425
$755,366
t$8,315
69,195
31,875
39,844
47.813
648,257
120,785
52,675
24,031
113,328 X
Earnings—
Years End. Dec. 31—
Net
$341,349
154,696
206,259
154,696
Prov.
X;,
1938
$8,527,080
1,526,520
"62,935
...
sold &
bills
red.—
5,122
8,572
profit
$22,156,842 $17,647,863 $15,033,423 $10,116,535
deprec.
of
& equipment—
2,494,030
2,434,830
2,464,582
1.563,558
for
depletion
mineral
Prov.
120,149
;..,s
1939
for
plant
pfd.
cash
bonds
treasury
t$80,159
154,696
shares sold--
on
Profit oh
1940
$20,440,832 $15,934,749 $13,283,058
1,710,888
1,704,543
1,750,365
investments-
from
Total
$274,765
1941
profit_'_
oper.
Inc.
<'321,499
—.—
of
properties
for
inc.
1,217,898
5,650,000
926,256
915,991
4,200,000
2,280,000
1,400,000
732,909
taxes
23,000
23,262
Provision for employees'
366,268
$0.51
pension
*$355,004
366,268
Nil
Prov.
Prov.
$300,000 provision for amortization of inventory and $21,for foreign investments.
tLoss.
tDeficit.
Balance
$1,497,240;
Sheet,
accounts
March
and
28,
notes
amounts
and
recovered
$10,644,589;
inventories,
at
subs,
in
020),
fiom
Feb.
28,
film
net
rentals
assets
1942, $2,311,773;
operating in
(secured
of
subs,
operating
investments
invaded European
and
Far
in
foreign
accounts
for
countries
&
fixed assets, at cost (less reserve for depreciation of
$1,883,111; prepaid expenses and deferred charges, $318,-
to
outside
taxes,
;
accrued
expenses,
$1,381,558;
due
Federal
as
shares), $4,847,080;
$18,917,086.—V. 155 p. 1506.
earned surplus,
par
assets,
$2,786,585;
cost,
cash,
Dominion
$9,360,736;
stock
($5
insurance
$3,846,123;
taxes,
$4,458,572;
total,
dividends
of
total,
Canada
premium
$1,842,842;
payable—subsidiary
at
$1,734,805;
$162,847;
earned
shares
on
accounts
payable$482,006;
companies,
sales contracts,
on
payable,
$62,699,218.-
bills
Treasury
$62,699,218.
$16,381,645;
par),
reserves,
accounts
payments received in advance
205,133;
for
reserve
surplus,
$26,-
"•
Extra Dividend of 75 Cents—
The
•
$4,951,231; total,
have
directors
share
in
share
on
declared
an
extra
dividend
of
cents
75
per
addition
to the regular semi-annual dividend of 50 cents
per
capital stock, par $5, both payable July 15 to holders of
record June 17.
Like amounts were paid on July 15 and Dec31, last
year (see V. 154, p. 1376).—V. 155, p. r<32.
::X"^:r.X;X-X 'X:r%%^
Commonwealth Edison Co.—Weekly Output—
.
col¬
1941
mining .investments (less reserve
land,
buildings & equipment
$16,018,067), $16,042,660; investments
$13,616,099; inventories of ores and
$1,190,012;
depreciation
$7,585,245;
sundry,
(incl. $39,014 advance payments by foreign customers),
$331,142; note payable to banks under loan agreement, due Feb. 28,
1946, $2,400,000; reserve for contingencies, $288,299; $2.75 preferred
convertible stock
(75,000 no par shares), $3,487,500; common stock
no
at
$2,721,325;
issued,
$149,831;
currencies
(366,268
for
non-current
Liabilities—Capital
and participants, $106,474; reserve for
liabilities payable on realization in dollars of
presently restricted, $696,849; reserve for foreign
(payable in local currency), $227,073; deposits payable, $50,050;
producers
est.,
foreign
taxes
and
$1.90
$6,685,868;
reserve)
cost,
payable
31.
Dec.
8,164,587
stores & materials, $6,072,819; prepaid charges,
$218,402; accounts & notes receivable, $4,004,713; Dominion, provincial,
municipal & industrial bonds (incl. securities held for the insurance
578;. total, $18,917,086%
Liabilities—Accounts
Sheet,
$6,213,725
.
mineral claims and
$7,699,636),
reserve
sundry
products,
$138,801;
ments,
depletion
(less
Japan (less reserves and deferred income of $646,receivables
(incl.
deposits of $8,296 and foreign
of $44,542 and less reserve of $57,724), $61,766; other invest¬
sundry
$1,894,650),
500,000
res.
—
Assets—Mines,
receivables
Eastern
1,312,901
Balance
Spain and
$9;
insurance
for
$1,325,-
in
and
mining subs.
profit
$12,199,910
$9,062,227
$9,339,585
Dividends paid
8,189,531,7,367,455
6,540,672
Earns, per sh. on cap.
stock (par $5)
$3.72
$2.77
$2.85
"Profits, less losses on bonds sold.
%•:■;;%.X%
(incl.
by films),
of in¬
deprec.
in
Net
1942
receivable
%
reserve
for
vests.
provision
territories
box
sales
to
6.4%
increase
a
electric
over
the
percentage comparisons with last year:
agreed
'
Week Ended—
that
:
May
—-
30
May 23
securities
condition
'
~
.1942
1941
' 148,585,000
—
-
145,355,000
141,989,000
—151,142,000
139,977,000
,
8-2
declared
with
also
the
trustee
would
be
used
to
•
..
1
dividend
the
dividend
current
stock of $4.56%
per
8.0
will
share.—V.
dividend of 35 cents per share on the
Commonwealth Securities Inc., Cleveland
—
of
43%
cents per
share
on
cumulative
leave
arrearages
on
155, p. 2182.
the
preferred
%, %
..
..
Consolidated Textile Co.,- Inc.-—Earnings—x
26 Weeks End.—
a
$1.75
holders of
to
%
Net
after
all
The directors
of
between this corporation and the Investment Co. of
America, of Jersey City, N. J., is in the process of negotiations, it was
announced on June
15 by T. H. White, President of Commonwealth
155,
p.
have declared
accumulations
able
July
made on
increase of 2 cents in fares
221,934
...
43,257
1752.
Corroon & Reynolds Corp.—Accumulated Dividend—
;
merger
Feb. 24, '41
$4,228,078
charges..
reported.—V.
"Not
Merger
Feb. 28, *42
Ji-u.—
Sales
-
buv
has
The
1939.-
'X'X
Dividend Decreased—'
The directors have
a
on
preferred stock,
record June 20.
A similar distribution
•was made on April 1, last, and on April 8, July 15, Oct. 24 and Dec.
22,
1941, as compared with 75 cents on Dec. 23, 1940, and $1 on Dec. 5,
,,
12.2.'X»
declared
accumulations
July
payable
..
6.4
X
132,431,000 V
of
account
% Increase
154,639,000
153,633,000
-
,
have
directors
The
.
•—Kilowatt-Hour Output—
were
Consolidated Steel Corp., Ltd.—Accumulated Dividend
utilities,
the corresponding
cars,
They
Edison group of companies,
for the week of June 13
period of 1941% Fol¬
the kilowatt-hour output totals of the past four weeks and
other
excluding
showed
•
$3,750,000
it $5,000,000 of Government
certificates outstanding on the
on
a
dividend of $1.50
the $6 cumulative preferred
per share on
stock,
account
series A,
pay¬
1 to holders of record June 23.
A similar distribution
April 1, last, as against $2.50 on Jan. 4, 1942.
was
made as follows:
Jan. 28, $1.50;' April' 1,
$2.50, and July 1 and Oct. 1, $1.50 each.—V. 155, p. 1212. J,%X(:XXV%
In
1941
payments
were
a
1942
iffter all charges and taxes—$341,159
common
155, p. 598.
for
necessary
company on June 16 announced that production of the electric
plants of its system for the week ending June 14, amounting to 142,400,000 kwh., compared with 142,200,000 kwh. for the corresponding
week of 1941, an increase of 0.2 %.—V. 155, p. 2275.
40 Wks. End.
$941,950
(no
com,
beginning on March 15, next. X %% June 13
fiduciary institutions that the La: Salle ' June 6
3 Months Ended March 31—
—V.
considered
Consolidated Edison Co. of New York, Inc.—Output—
Subs.)—Earnings—
$135,090
497;
share—%
s
.
:
•
'
-
Courier Post Co.—Accumulated Dividend—
■
Chicago, Wilmington & Franklin Coal Co.—Earnings % v
Net income
provision
4123.
p.
.
iE®rnings^per»
509,432
$17,403
!
;
year
Assets—Investments
mand
share
per
$0.33
from
combine these alternatives- with
.
!
439,783
;
$3,194,973;
366,268
less
Commerce
an
dividends
deferred charge,
Commission has denied the
petition of this
Securities, Inc., and J. B. Lovelace, President of the New Jersey com¬
on its elevated
lines.
The
pany.
\X„..%%'/,.%%..%%
%c%% X-*
X%
12-cent fare in city zones in
place of the 10-cent X
Special meetings of stockholders of both firms are to be called to .
fare now in effect.
•
■, ■■
y%■•.
;% ■ XX%
%%!.• %XX% consider the consolidatiort? as soon as all details have been worked
The Commission in denying the petition set a valuation of
$36 000 000 l~ out, the announcement stated. The merged company will be registered
on the company's properties, against
a valuation of $84,000,000
under the Investment Company Act of 1940 as an open-end, diversi- .
stipu¬
lated by the company.
The Commission said that the proposed fare
fied management type of investment company. . %
increase would not be "just and reasonable" in view of
present condi- 'X.
It is proposed that the capital structure of the merged company be
tion of equipment and service.
all common stock, redeemable at the option of the holder at any time
The
Commission
retained jurisdiction in
the matter and directed
at substantially full asset
value.
Exchange of old securities of the
the company to file monthly financial reports until further
notice
companies for new will be on the basis 6f assets at market on the
—V. 155, p. 1673.
day the iperger is declared effective.—V. 155, p. 1831.
for
14,433
$525,685
Electricity output of the Commonwealth
to
Chicago Rapid Transit Co.—Denied Increase—
The
16,253
$457,186
Balance Sheet, Dec. 31, 1941
current
$120,069
agreed that gondola, hopper
box cars of standard make may be
substituted for the equipstipulated in the original indenture if necessary.—V. 155
p. 218
%
company
$511,252
Consolidated Mining & Smelting Co. of Canada, Ltd.—-
etc.
$2.75
divs.,
instalments
Bank
23,786
$440,933
—-j
Note—No
$77,534 from foreign customers and $9,219 from officers and employees
and less reserve of $122,000), $735,723; advances to outside producers,
raised
decided
deposit
National
1940
$535,038
25,627
tax.
%;XXXXX%,X.%:X; \%;X%:%'XX.■%
■
or
inent
lines had asked for
•
■
$2.15
to provide cash to
pay for cars when thev
$3,750,000 cash derived from the sale of the
on
1941
$466,560
taxes
Surplus at end of
5,003,466
—
Assets—Cash,
may
originally
of
Co.—Earnings—
31—
of
366,268
sold
The
Dec.
%
income
Preferred
per
purchase
$787,254
A
v
the
capital stock, payable Aug. 1 to holders of recard July 3.
Since 1939
a
like
amount
of Government
and tq and including May 1, 1942, the company paid quarterly divi¬
securities
under
this
proposal
the 'X
balance of $1,250,000 to make up the
dends of 45 cents per share.—V. 155, p. 2275.
'
r %
'
$5,000,000 being provided bv
the railroads, \,%
•
:;y%%..<
X;X%
x-iv'X- %%■* XX
^
■
Xvflat
V
equal
2,600,174
Total
9,712.833
-
lowing are
tqJ4 the
securities
certificates
•
10
2,291,838
Surplus—beginning of year."
deferred income
might deposit with
delivered.
were
of
4,930,024
Consolidated
em¬
indentures.
Thomson
result
a
$1,659,403
(net)
taxes,
"Includes
retaining the best features of each in its proposed alteration
repaid in
Mr.
as
par)-
499
the
The North Western certificates under
negotiation comprise
of 2'/as sold in February to
defray part of the cost of 500
1,000 gondola cars and 250 flat cars to cost
to
Ended
income
Net
on
11,303,157
provisions—
Shares
certificates.
has
76,082
immediate payment
an
Earnings per share—
cause
$5,000,000.
•
make
4,669,585
.
company is in the position of
certificates to finance the purchase' of
Western
certificate
to
10,576,738
stock
the requisite sum, of being
receive only a portion of the cars
which it ordered.
Other companies in the same
position have altered
the indentures of certificates either to
provide that the proceeds of
their sale may be used to buy United States Government bonds or
that
by
Months
Total
155,
5,428,821
—
Common
in the terms of the loan.
companies,
sold equipment trust
stock and, after having
informed
80 cents.—V.
Prov.
of
•
"
29,
$1,672,670
X
Drl2,668
profit
Net profit
Dividends on
equipment trust certificates of the company
that the War Production Board interfere in the
rolling
be bought with proceeds of the
certificates, Guy A. Thomson,
in bankruptcy, proposed. June 17 to insurance
companies and
'.banks optional changes
/
Dec.
12,718,431
etc
costs,
income
Special
.
holders
8,997,800
"265,565
Connecticut Gas & Coke Securities
12
31,
pro¬
Interest
Court at Chicago, III., on
injunction restraining the
enforcing its order of Aug. 19
on the company's preferred and
payments
company
11,597,974
8,997,919
of
Profits
Total
event
to
per
issues
March
Mar. 29, '41 Mar. 30, *40
$19,819,322 $15,560,420 $16,895,531
—
Other income
Chicago & North Western Ry.—May Deposit $5,000,000 Bonds With Trustee of Equipment Issue—
To
and
follows:
as
Mar. 28, '42
Operating
why its 10-cent bus fare
should not be reduced. The company on Jan. 6 was granted a tem¬
porary
court injunction
setting aside the order, on dividends and
salaries..
•
respective
summer.
Henrickson
Mr.
Attorney General George F. Barrett opposed the granting of the injunction, and announced that an appeal will be taken to the Illinois
Supreme Court. The inquiry into the bus fare still is being conducted
by the Commission. (Chicago "Tribune.")—V. 134, p. 2143.
,;
$1.25
holders
recently declared an initial dividend of $2 per share
stock, payable July 10 to holders of record June 30.
common
Expenses, deprec., etc.—
permanent
from
payments
salary
order
the
..
were
earnings in the year 1941 were reported
the common stock.—V. 137, p. 4364.
duction
during
ployees.
body
the
on
share
per
of
to
39 Weeks Ended
Circuit
in
a
Commission
and
11,289,757
749,822
.
,
the company
granted
Illinois
cents
company filed a
notice of dissolution with the
of Ohio and shares have been withdrawn from
the Cleveland Stock Exchange.—V. 155, p. 2181.
Surplus
June
1941
receive
to
:X%X.i%%'X.
1
Period—
Chicago Motor Coach Co.—Granted Injunction—
'
25
dividend
Interest on the arrearages has accrued
the
1
r
of
to
stock
Gross income
it
August.
of
825,904
stock
Weekly Output—
State
Amortization
approximating
law
new
to
only
15,
action, the Central paid the State $250,000 in franThis amount
was
accepted by Hendrickson.—V.
155,
taxes.
disbursed
were
Columbia Pictures Corp.
court
2180.
p.
the
to 20 years.
up
484.264
749,829
*
pfd.
on
The
annually on arrearages prior to enactment of the law,
provision
a
"Wilentz's
dividend
both payable June 30
Net
permitted railroads to pay up the arrearages on installments over
periods ranging
35,794,291
The" weekly kilowatt-hour output of electric
energy of subsidiaries
this corporation, adjusted
to show general business conditions of
territory served
for
the
week
ended
June
11,
1942,
amounted
to
203,583,125 as compared with 185,938,104 for the corresponding week
in 1941, an increase of 17,645,021, or 9.49%.—V.
155, p. 2275.
the
10,
of
on
the
on
in
Hendrickson.
arrearages
when
statute
47,392,265
35,290,200
"Deficit,-
by the City of Cleveland.
;
The
Short
23.10 miles,
constitutionality
challenged
46,579,957
2,787,002
Balance
South
and
of
the
3,612,906
Liabilities—Preferred stock, $11,939,820; common stock
his hands were tied by a temporary injunction by
Chancery in Attorney General David T. Wilentz's
of the new statute.
that
Court
of
the rate of 12%
and
$601,089
meet
better than
nothing
adding
State
challenge
to
tax
on
owed
the Central
which
of
payment
offered
was
deductions
Net income
Lucin
New
by State Treasurer Robert C.
The
the
tendered
other
&
Divs.
Colonial Steamships, Ltd.—Initial Dividend—
trustees
of the company,
complying with a
take advantage of New Jersey's new compromise
reorganization
Federal Court order to
Goshen
holders of the stock, it was announced
represents virtually complete payment of the $45
the
June
l.sting
the
Jersey—Railway fax Pay¬
ment Offered Under New Law Rejected by State—;:r
t
Int.
ex¬
Lucin
by
branch between
over
the Oregon
(b)
and
Junction
Counties,
abandonment
(1)
of operation
promontory
miles,
298
permitting
abandonment
(2)
over
Co.
RR.
>"$•'
|tl-.
2,959,056
1,400,186
income
with regard to the amount to be allowed for expenses of liquida¬
pany
on
Central
railroad
stated that the balance of 50 cents per share will not be paid
final agreement is reached between the City and the com¬
Secretary
its promontory branch
and
Corinne
Weber
and
certificate
a
part
miles;
Co.
Pacific
Corinne
and
Line
Box
issued
of the
120.78
between
regular quarterly
stock,
directors have decided
This
was
On
and
>>"
%
1,836,791
1,042,877
profits
for depr. & amort.
Gross
abandon¬
Co.—25-Cent Dividend—
a
40 cents each,
30,
share
per
tion.
11
the
and
preferred
Sept.
which
until
out
Central Pacific Ry.—Abandonment—
June
J
.■
3,443,320
1,338,628
income
Expenses and
4.
$1.33
132,000
-r-V. 155, p. 2004.
-
and
company
It
profit (est.) after all charges and est. tax of $192,000
on
i'%
13,801,957
179,703,727 159,365,842
5,628,344
71,333,149
62,167,190
1,274,581
16,156,253
14,887,453
X 993,620
12,765,118
11,523,043
631,400
11,598,349
4,420,760
1,661,106
21,270,900
18,975,120
taxes—general
excess
last.
board of
share
Co.—Earnings—
Earnings for 6 Months Ended May 31, 1942
ICC
Central
declared
Like amounts
31,
$44.50
the
The
stock
5%
12
June
on
22.
June
The
of
Earnings per share on
the
30
June
Net
line of
a
1942—12 Mos.—1941
<|*
x:
abandonment
and
Cleveland Ry. Co.—Pays $44.50 per Share for Stock—
■:
$406,961
18,928
155, p. 2092.
Central Ohio
of
Ry.
5,901,929
Federal
1917.
p.
.
Net
permitting
Louis
14.963,730
expenses—
for
——r__
Federal
Prov.
f
.285,577
Deductions
Pfd.
York
New
Payments on the common stock in
$46,821
—V.
revenue
Operating
1830.
March
on
June
Gross
;%;■ ;/X?f ;XXX/y
approximately 27.8 miles, and (b) the line of the Michigan
between South Bend and Niles,
approximately 9.1 miles.—
common
on
record
Net
the
directors
the
on
—
Gross
(& Sub.)—Earnings
Month—1941
$
Niles,
to
Cleveland Graphite Bronze
1942—12 Mos.—1941
$223,048
deprec.
,
155, p.
1942
May 31—
of
1942—Month—1941
revenues
Period End.
Corp.—Earnings—
176,351
Operating
taxes
Service
of
line
Bend, Ind.,
1,330,515
:
Commonwealth & Southern Corp.
the
on
Mich., approximately 28.48 miles,
in Elkhart and St. Joseph Counties,
Ind., and in Cass and Berrien
Counties, Mich., and (2) authorized the Big Four to acquire trackage
rights, and New York Central to operate thereunder as lessee, over
$2,201,382
requirements-
—V.
certificate
a
by Cleveland,
ment
1,908,863
$180,376
share
per
Prov.
$4,110,245
124,161
$171,243
income
Net
$304,537
129,074
$1
Cleveland, Cincinnati, Chicago & St. Louis Ry.—Aban¬
donment, Etc.—
34,156
—
of
par
tending from Goshen, Ind.,
Deductions
Co.—$1 Dividend—
dividend
a
:y
$4,076,089
4,567
reecntly
$25, payable June 15 to holders of record June 12.
X This compares with 10 cents paid on June 20, 1941, and 50 cents on
June 21, 1940.—V. 151, p. 3555.
' X S.
4,062,604
$295,750
income
income-
operating
Non-operating
■
\ j,.-.
f. "
367,066
414,193
taxes
Net
X% ?f.i %,>• X
x
stock,
common
1942—Month—1941
1942—12 Mos.—1941
$709,943
$669,327
$9,185,385
$8,138,693
■.;•%
• :%
X\
revenues
Expenses,
/%X
hearing,
a
May and 12 Months Ended May 31
Earnings For
Period End. May 31—
Operating
X
directors
Monday, June 22, 1942
*
Concord Gas Co.—Accumulated Dividend—
!
1941
The directors have declared a dividend of 50 cents per share on
$210,135 % account of accumulations on the 7% cumulative preferred stock, par
t $100; payable; Aug. 15 to holders of record. July 31. ,A. similar ^distribu- %
tion was made in each of the 20
preceding quarters.—V. 155, p. 1212.
.
,,,$1.07, 'X.. j. $0.63
j-
x;' v% .X%'
declared a dividend of $1.75 per share oh account
the 7% cumulative preferred stock, payable July 1
to holders of record June 20. A like amount has been paid each quarter
since and including Oct. 1, 1940. Arrearages as of April 2, 1942, totaled
The directors have
of accumulations on
$7
share.—V. 155, p. 1212.
per
Crown Cork
The
of
X,
%• X• ;
have declared a dividend of 10 cents per share
accumulations on the $1 cumulative class A stock, no
directors
account
X-%
International Corp.—10-Cent Dividend—
on
par
payable July 1 to holders of record June 22. A similar amount
Was paid on April 1, last, and on April 1, July 1, Oct. 1 and Dec. 23,
1941, and on Dec. 30, 1940, as against 15 cents per share on July 1
and Oct 1, 1940, and 25 cents per share in preceding quarters.—V. 155,
value,
p.
1212.
r-
■
X-
X"
.
,
Volume 155
f
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
Crown Cork & Seal Co., Inc.—Annual Report-—
Consolidated
,
Net
1
sales
Cost
of
sales,
Int.
on
on
Allow
40,230,297
29,990,215
25,076,913
'ALL
$5,671,923
$3,807,616
659,650
debt,*;.,.
Fed.
for
inc.
"
-i**'
78,691
45,900
♦2,090,400
tax
"505,586
479,796
475,108
iV "• "
$2,700,000,
profit.
Preferred
dividends
...
506,269
Common dividends, cash
;
$2,525,968
A 506,269
$2,929,861
517,619
?
258,804
.
will
258,799
Balance, surplus AAi/ $1,905,973
common A Stock
"
<
outstanding (no par) A ■ 517,625
Earnings per share_*__
$4.68
.
v
...
^
517,614
f
*
.
♦Including $572,902
'<
1
'/
,
517,606
$1.37
?,
j
-
31"
,
Notes
receivable
{(Investment
133,287
229,457
:
in
subsidiary; company
Due from, subsidiary companies..
A
1,459,707
—
<
to be
etc.,
■/ 1
15
'1
equal
A/'
dividend
rate
cent
per
multiple of Va of 1%
a
of
part
temporary
of
of
one
and
the
the
to
above
'
.
under
the
terms
conditions
and
the
of
16
.
and
declared
dividend
a
payable
on
because
of
the
heavier
part of the
as
of
tax
30
Capital
A
surplus/
He
the
added that
Total '
t
7,712,264
JDr266,728
Dr206,728
~
corporate
linvestment
p. 2275.
.
in
.
Crown .Cork
International
Corp.—V.
A
v»'■'•;../V
•"I-.1- •{
>•-
•
1
-
-A?'A
1
_
Cuba Railroad—Interest—
.
The
<
York
New
will" be
made
Stock
Exchange
.;
.V
v■
.'
..-
,,,
has
'r^ / 4 '* A'I,1 '
'
received
that
notice
..
.
160,402
Product^-
1942
payments
the
.from
first
mortgage 5%
50-year gold
bonds, due 1952; and $19.61
$1,000 deposit receipt for said bonds ($4.78 interest payment,
prihciphl amount r to hdlders of record at the close of business
'on June 20, 1942. 'Interest Is payable on the bonds at office of The
of
provided
.Roval Bank of CanadarNew York.—V.
155, p. 2006.
i
.
.preferred
Period End. May 31—
Operating
Oper.
$6,663,616
$5,236,859
in
(includ.
.
depreciation)
taxes
.
298,263
146,284
229,869
3,682,737
70,189.... L500,000
2,787,216
942,311
operating
$113,782
income
$1,480,879
is
common
to
receive
one-fifth
share
is
cash,
against
liabilities
current
of
about
Elec.
-
Deductions
83,051
$1,563,930
$1,616,465
485,199
490,538
A:
8,560
39,356-
—
$157,028
The
A/ 38,912
r
T'
\
<
30
of
have
50 cents
--
Car
was
tr
^
share
per
*
^
the
omit
stock.
div.
Pfd.
Prov.
P.
$118,116
$1,078,731
29,164
29,164
349,973
349,973
on
200,848
200,495
16,737
16,667
RR.? ]ease—
Merget- Proposed—See Central Maine
p. 2093.
Power Co.—Y.
account
011
T
,
*
1
>•
r~
,
f
dividend
A
those
as
end
of
The
issue
£''A{
S
The
class
A
a dividend of $1 per share pn the
payable June 30 to holders of record June 15.
distribution was made on March. 30 last.
During 1941, the
directors
stock,
A
•
similar
May 7 declared
on
$1,
par
paid; March 29 and June 30, 50 cents each;
$1.—V. 155, p. 1918.,
...
/•;/"./•'•: / A/ ///A:;
-
on
June 8
Net
of its stock.
The
Cuyahoga Valley has outstanding $150,000 of capital stock
($100 par)./
All this stock .is owned, by the Otis Steel Co.,. but is
pledged under the first mortgage dated Jan. 15, 1937, made by the
steel
company
to the National City Bank of Cleveland, trustee, to
secure
$25,000,000
of.4'/a%. sinking fund bonds, series A,
due
soon
Steel
Otis
entered into
sale
V.
desires
Co.
all
of
123,
p.
an
its
to
dissolve
Accordingly,
practicable.
as
and
wind up Its
date
under
of
Feb.
affairs
28,
1942
as
978.,
Denver & Rio
1
•
Grande Western RR— Request for Bids
Trust Certificates—
/
A Aa/|
,
trustees
advertised
have
.
for
bids
for
.
multiples thereof, at par and accrued interest, on any business day
prior to Sept. 2, 1943, upon at least 30 days' notice of their intention
so
to do
any redemption of less than all outstanding certificates to
be made 'in the inverse order of the maturity of certificates so called.
or
bidder
amounts
and
may accept
43,524
236,417
income
$66,740
155,
have
2,606
*
74,146
1.8
4
7,941
10.7
.11,692 A AAA 11,7
99,738
.
inputs of any companies
155, p. 2276.
*v
"
/
A
/
/
1942
1941
1940
$1,509,378
$1,584,434
$1,632,784
$1.26
$1.32
$1.36
stocks-
'»
declared
a
dividend
50
of
Cents
per
share
on
Gas Co.—Trustee—
Trust
of
p.
&
35
231
$15,859
$66,970
12,015
and Cities Service Co.
other
things,
fund
debentures
1962.
:
l,
$12,745
$54,955
for
and
5,950
the
for
June
on
issuance
dated
be
to
/;/>//; Z
the
unpaid
filed
13
Jan.
of
1,
Plan
1,
With
A; AAA/'-'
with
the
which
$21,534,800
and
1942,
--''A AAA-A'A-*/;
debentures
new
of
the par value of
to
dividend arrears
thereon
arrears
7%
of
amount
of
thereon $162.29
arrears
of
6%
debentures;
by
5,950
$176.66
preferred
SEC
//■
1
-
of
pro¬
3%%
mature
to
on
A, ,/■■" •''
Empire
of
aggregate
an
their preferred shares and
thereon
Jan.
to
preferred
will
stock
The
for
and
each
■-
1,
principal
accumu¬
1942.
preferred stock
of debentures; for each
thereon $167.08 principal
6I/a% preferred stock and
amount
arrears
share
of
principal amount of debentures; for each share
and
arrears
amended
the
retire
principal
stock
debentures;
of
$52,549
1,488
an
the
equal
12,525
$11,391 vA
Amended
Co.- -Files
Fuel
plan of recapitalization of Empire Gas & Fuel Co.
among
share
$65,075
,Z3,113
appointed trustee bf
bonds, 3% series, due May
S A'A'AAA"/-A//-
company
which
2,969
been
mortgage
Tljus such holders will receive for each share of 8%
161
$14,360
has
Co.
first
2277.
Gas
thereon
$64,915
_
•
Pet.
plan the holders of the present preferred stock of Empire
Gas & Fuel Co.,
other than Cities Service Co., will be offered the
opportunity to exchange their shares with all unpaid dividend arrears
172,042
$15,824
submit bids for-any one or more of the following
maturities. With
the understanding that the trustees
may
that bid Which seems to their best
Interest;
income
Net
Preferred
■
stock
divids.
155,
1,488
;>
Balance
—V.
A/;
$9,904
p.
entire
plan
thereon
also
principal
principal
$157.50
of
amount
sinking fund
debentures
for
a
the
new
provides
amount
maturity.
A
hearing
on
the plan is scheduled for June 22.—V. 154, p. 1529.
//■.;
The
SEC
$49,006
$11,257
Equity Fund* Inc.—Dividend Decreased—
A The directors have declared
the
$46,599
of
2006. A /
May
on
V.
authorized
23
the
to
company
issue
note in same ainount.—V. 155,
Eastern
p.
States Corp.—Receivers
the
two
receivers
complaint
specific
Mr.
June
in
which
had
led
charge of
to
named
their
for
as
receivers
Eisler
of
for
South
the officers and
-funds in
stock
of
John
Milton,
Orange,
owner
directors invested
was
now
company
in
worth
counsel,
N. J., June 16,
dis¬
oi
and
of
200
William
the
S.
Stuhr,
on
loss
the
for
shares,
had
the
pending
trial
stockholders.—V.
of
155,
$22,000,000 of the corporation's
they had a personal interest,
only $5,000,000.
argued that the
Elsler's
p.
Northern
823.
suit
A
on
per
I'av'AV/Z
-A.-','
RR. of New
Jersey.—V. 155,
''
RR. of N. J
p.
2277.
complaint
lifted
to
was
not
restraints placed
recover
the
.
Net
per
alleged
.
——
:
share
;
65,535
^3°*n°Kr!
——
$1,292,858;
$0.50
$0.60.
and refunds.
1942
notes and accounts receivable, $316,309;
fixtures, equipment, etc. (net), $84,305;
total, $2,220,823.
inventories, $330,492; furniture,
deferred
charges,
$196,859;
Liabilities—Accounts
Federal
taxes
on
$270,762; accrued liabilities $15,576;
of year ended March 31, 1942, $136,000; de¬
payable,
income
$809,422; capital stock
(par $1),
surplus $446 311; earned surplus, $64,626! treasury
at cost), $21,875; total, $2,220,823.—V. 155, p. 1598.
ferred
income,
«
$367,595
136,233
-——/A
Consolidated Balance Sheet, March 31,
Assets—Cash,
*941
$389,273
$25*k0Kn
taxes
profit
FarningS
.01942
''A,;
profit before Federal taxes
♦Federal
charged
which
The court dismissed the receivers and
company
.A-'
•
♦Including certain investments
concern.
sufficiently detailed to justify receivership and that the loss charged
was
only a paper loss, since the corporation still held the stock
involved.
/'.'A A'/V
the
assets
cents
Esquire, Inc.—Earnings-—
corporation, holding that
appointment was not sufficiently
Jersey
cents per share
four
with five
637.
p.
Years End. Mar. 31—
.
New
organizations
and( that this stock
See
Net
fraud.
the
compares
Erie RR.—To Purchase Northern
Discharged—
Egan had appointed Charles Hershenstein
9,
Charles
that
its
he
of
dividend
share paid on
Feb. 15, June 16, Sept. 30 and Dec. 30, 1941.—
This
/
sell
2276.
Vice-Chancellor Charles M. Egan, at Jersey
City,
missed
15.
•
and
a
stock, par 20 cents per share, payable June 30 to holders
June
31, last, and on
155,
(Del.)—Notes—
$1,000,000 3%, note to Chase National Bank, New York, the proceeds,
together with such of its own funds as may be required, to be used to
pay the principal amount of and accrued interest on a maturing twoyear 3%
common
record
March
rEastern Shore Public Service
AA /
the purchase of not in
excess of $2,700,000 of equipment trust
certificates series J. Bids will
be open July 12.
/,
The total amount of equipment trust certificates to be issued will be
$2,250,000, 01* $2,400,000 or $2,700,000, and the certificates will mature
serially and become payable in either 10 or 15 equal annual install¬
ments.
The certificates shall not be called for redemption after Sept. 1,
1943
The trustees reserve the right to redeem all outstanding cer¬
tificates or an amount thereof equal to- the annual serial installment
Each
71,445
53
-
'
Amount
146,205
82,087
-
$12,000,000
Under
$236,956
$14,307
Interest deductions
it
agreement with the Jones & Laughlin company for the
assets, including the stock of the Cuyahoga Valley.—
for Equipment
The
$303,157
income
AA
148,811
•
com.
Jan.
1942—12 Mos.—1941
$59,348
taxes
income
Other
'
111,430
——
Manufacturers
amended
"
$85,752
./
:
1941
of control of the company, through ownership
Steel Corp.
The
&
Co.^_
Corp.,.
sinking
A AAA A/:;
Co.—-Earnings—
-
■
an answer to the Commission's
proceedings now pending against these,
companies and certain other subsidiaries,
The answer incorporates an
Unchanged—
1942—3 Mos.—-1941
revenues*/-..
exp.
operating
Gross
approved the acquisition by the Jones & Laughlin
Power
.1942
Co—
directors
of
The
payable
distribution of 25
company's fiscal year on March 31, last.—
Period End. March 31—
Operating
Cuyahoga Valley Ry.—New Control—
The" ICC
Missouri
Operating
following dividends were
and Sept.15,
East
Lt.
Lt.
Lt.
Empire
SEC—
f
March 31, last, and in preceding quarters.
also paid on Dec. 22, 1941.—V. 155, p. 1918.
the
'•.-A'-
■
•<
Thousands of Kllowatt-Houra
common
lated
Curtiss-Wright Corp.—$1 Dividend—
&
of—
&
amount
the
at
A
,
•
.El Paso Natural
ordinarily
quarterly
compared With the corresponding week
as
stock, par $5, payable July 1 to holders of record June 22.
In preceding quarters, the
company paid regular dividends of 75 cents
per share.—V. 154, p. 1413.
the eompany
•
Co.,
-
&
profit
The
the
V. 155, p. 2006.
255,
/
Dividend Decreased—
the
on June 16 explained that
is following the policy of purchasing competitive firms in
•towns where Domestic now operates.
As a result of this policy of
acquisition, he said, loans outstanding on May 31 were about the same
•
a/c
reserves
Light
follows:
♦After all charges including provision for Federal income and excess
profits taxes at existing rates.
:
.•/■
*•
on
Domestic Finance Corp.—Loans
Leslie E. Mickel, Executive Vice-President,
$1,125,927
requirements-
for
;
$80,540
&
as
Earnings per share of
Co.—Omits Dividend—
to
Power
\ A./A'
Incorporated, Which are subsidiaries
Co., Electric Power & Light Corp. and
appearing in both periods.—V.
vides,
A'A.
income
Net
til
11, 1942 the system inputs of client operat¬
Quarter Ended March 31—
dividend of $1.50
common
made
was
' ■>
n
voted
the
on
share
An
'
%
T Motor
directors
June
cents per
extra
$12,237,798 $10,528,358
Electric Auto-Lite Co. (& Subs.)—Earnings—
$27,000.
quarterly distribution of $1.25 per share was made
stock On March 2, last.—V. 155, p, 1752.
#
181,^19
3,080,478
Services
The above figures do not include the system
not
.
'
a
Ebasco
of
,
Pow.
PoW.
1957.—V.
'
A
3,350,000
Inc.—Weekly Input—
Power & Light
Pow.
Nat.
cla§s B common stocks. A
Diamond
$1,507,332
109.133
100,000
3,350,000
3,456,275
1941 were
Amer.
•
of
Arrearages on this issue amounted to $8.25 per share its at April 1,
1942, after taking into account the April 21 payment.—V.155, p. 150&.
about
$119,896
income
Gross
1
6,114
income-
^on-operating
$148,468
750,000
100,000
414,805
Oper. ^Subsidiaries
1940.
A',
Net
1,350,000
——Increase
rof accumulations on the $3 participating preferred stock, no par value,
payable July 1 to holders of record June 22. A similar distribution was
.made on April 21, last, and on Dec. 24, 1941.
No payment was made
1942—^12 Mos.—1941'
1942—Month—1941 v
$558,329
$448,526
revenues
expenses
•Total
old
The directors have declared
Corp.]A/V';
[Including Cumberland Securities
"
1,328,463
1,395,820
V-
par)
Services
•
Di Giorgio Fruit Co.—Accumulated Dividend—
Cumberland County Power and Light Co.—Earnings—
inc., est.
on
409,922
for depreciation and amortization of $3,600,513
$2,653,126 in 1941.—V. 155, p. 2276.
American
during
*
>
/
each
An. initial
•
taxes
'
*
411,128
**_i
National
plan
2276.
p.
class A and
per
etc.
For the week ended June
The company on June 1 paid to holders of record
May 20 the fol¬
lowing dividends: A quarterly of $1.25 per share on the 5% cumulative
preferred stock, and the regular quarterly dividend of 25 cents on the
'$14.83
109,200
400,141
reserve!!
ing companies
Devoe & Raynolds Co., Inc.-—Dividends—
•
$1,218,977
salaries, wages
surplus
and
♦Net
accordance. with a transitory -provision of
the Constitution of Cuba, effective June Ar 1940. and the procedure for
deposit, of $5 per $1,000 bond on surrender of the July 1, 1942, coupon
contracts_i^_-,
int.,
royalties,
(no
1
73,776
$150,000
on
Total
521,860, A 606,410
334,978
1,209,627
received
commissions,
Earned
Cr31,534/
2,918,169
3,415,176
.
Paid-in surplus
Corp,—Reorganization Ended
.....
July 1, in
on
and
$100,000
155,
Oct. 31,'41
$12,237,798 $10,528,358
-
,
taxes,
Common stock
Treasurer.
and
common
V.
A
■
payable deferred
Reserve for contingencies-,*,
$10,623,297 $11,365,295
reorganization
about
•
on
i'-f'
v
.■
88,874
Notes
_new common. / When these exchanges have been made the company
/will/have 365,750 sharfes of $1 par feommon outstanding as' sole capital
''liability,1 ""'
' ' '' *
Ctirrent - assets are Uhdefstood to total about $225,000, of Which
A1 Sales for May, this year,- were $796,209 Knot $706,209, as reported
(in last week's ''Chronicle"), as compared with $747,561.02
for May,
last year, an increase of $48,648, or 6.11%.
See V. 155, p. 2276.
based
'
Apr. 30, '42
;
—
Federal^ State and Canadian
.,
par
A;
Sheet
-
——,
payments
and
51,657,17?
Cr78,414
basis,
•
.
Balance
4
charges
Accrued
1941
for sale of the Kalamazoo plant
-for $175,000 plus 35 cents a ton for each ton of paper products produced in
the plant for four years and sale of the Detroit plastics
.division for $37,061.
Proceeds were used to pay all creditors' claims
in full ahd for working capital.
•
A
1
Ea&h share .of $5 par, preferred is to receive 2.72 shares of new $1
Co.—May Sales—
annual
an
;//:
4.A...AAA1
Ebasco
155,
on
f
'./"■<
.
(less
Advance
.
Crown Drug
y
Liabilities—
'Reorganization of-the corporation has been virtually completed, sub,' Ject.oniy to formal court approval; J. Ward Hartke has been named
"
,
J '»
,
$1,613,750
Total
•
The
set.up
.
2093.
p.
President
,•
.'2,172,507
Deferred
$15,996,827 $17,857,801
4,930,083 A 5,917,670
income
were
•.•'•.
•
payable to bank—
Accounts payable A+ij
.
and
$1,394,722
Patents
$17,697,399
272,162
income
-Detroit Paper
•/-'
depreciation.
-[Represented by 531,242 no par shares in 1941
/and -531,231 no par. shares in 1940.
{Represented by 225,000 no par
/shares,
Net
—V.. 155,
$53,631,481 $49,130,174
1
'/:• :
•
Note
$15,724,725
amounted
1942,
reserves2,626,860
Inventories (at lower of cost or
market)——,
4,032,463
Investments and other assets.—^—L
287,372
♦Property, plant and equipment
3,807,504
♦After
♦After
income
on
»
Receivable
cur¬
are
share.
common
Assets—.
income
gross
58,792,533
*
per
Cash
$74,517,258 $69,354,576
*—*
Amortization of debt discount, and expense
-
5,260
$1,010,615
is
company
,
earnings from, utility operations
/Interest omfunded and-unfunded debt
//Interest' charged to construction
.
44
earnings for the year./ /-
A"//.'A ■'
7,831,193
7,922,539
9,603,534
v
/'Earned .surplus:;
-Treasury stock
33,250
Consolidated
share
per
Earnings For 12 Months Ended May 31 (Inch Subs.)
31-—^
W;
$942 / :'.
t
A A: Gross
52,934
47,606
624,700
9,677
taxes--™
♦$543,297
Taxes
estimated
-
.
income'
560,344
and State Income
profit,
(3)
.
.
;Deferred
excess
excess
<
v..
(2) This statement includes results of. operations of Bovaird & Seyfang Manufacturing Co. since Jan. 1, 1942 (date of acquisition).
■
.<
.
cents
which
burden
Balance; income from utility operationsOther miscellaneous income.
.
—
profits taxes—-*****-*->.;..*
value
y.
-
—
26,479
424,900
decl.
^
July
effort.
war
/'Utility expenses and taxes
....
23,032
282,968
and
Notes—(1) Provisions for depreciation and amortization
to $179,018 and $224,195 for the six months ended
April 30,
the ten months ended Oct.
31, 1941, respectively.
15 to holders of record
with 35 cents per share paid on Jan
15
Oct.-' 15, 1941, and 45 cents per share on
12M0S. End. May
Gross
.......
52,564
.„.,*;
-._**
surtax
/ "Equivalent to $1.62
-/.A
--
Net
.
»
.
$2,125,205
taxes
Canadian
agreement
trustees.—V. 155, p. 2276,,
$20,
par
compares
last,
15,
was
,
•
I--****--*-**-..**-'■ $1,419,362
Adjustment for prior years taxes, net
cover
A.a .A
is continuing to show
increases, but the increases in taxes
rently more than absorbing the increases in gross income.'
-
1,691,220
$2,072,641
-
normal,
Federal
/
June
stock,
This
April
,
$53,'631,481 $49,136,174
1,115,018
$1,400,080
19,282
exps.
A
**',
deductions
profits
amounts
will
admin,
Income
Income
Federal
'
leaste
;
engineering, general and
Total
Other
the
certificates
proposed
A'v-'
equipment
—
Each bid
annum.
definitive
or
AA'A/A -AV A.
agreement
AA'AAz A' '
acceptable
per
$9,631,170 $11,777,300
7,116,072
8,013,439
„
of
•
the
*
sold
Other income
installments
/
goods
Operating
of
A,
/
annual
//A'A/'- /A-
April 30,'42 Oct. 31,'41
_***-
A*
"
installments
July-15, 1941.
Prior to the 5-for-l split-up, $1 was paid on April 15,
1941, and $2 on Jan. 15, 1941.
,/>
"...
AAA
A
/"A President Alfred C. Marshall stated that the reduction in the divi¬
Liabilities—$$2.-25/cumulative pref. .stock
1
!
$9,562,500 $9,562,500
i'tGomttlon, stoc^t
2,656,210 •; 2,656,155
iCOffimpn-;-Btock'-"Scrip_iw--.i-.....w>-..——, - /j:i.~*-Uv
/
1,719
15->year3 xk%A debentures..*
14,850,000
15,000,000
.Notes payable (non-current)
J
2,550,000
3,300,000
) Accounts -payable,
j
I..
2,23.5,181. .1,366,433
;Note$ payable : (currenlj)i-.i.-^.r._
J
f^^ai:4l,25b;b0Q.i.>.{-)766^^
Accrued wages, interest, etc.
633,542
424,535
;Federal taxes
2,282,733
696,363
Due to subsidiary companies-...'..—
62,706
1,147
L
A. 150,000
/Sinking fund payment—..
i
Reserve for/: liability
; 91,659
91,659
insurance. _;.™
:—
/
y
'A/A
of
Selling,
of
.
130,461
*
capital
26.
'and
648,133
A
the
on
dend
118,880
-AAAA
In
A>
only
trust
on
obliged to bear
180,246
expenses..
directors
June
464,414
costs
;; Total
serially
denominations
rental
364,007
440,563
amortized...
and
'"v
.,/■
for
sales
Detroit Edison Co.—Dividend Hate Reduced—
•
•
devel.,
annual
in
\//A./A'-'-;A ' -A
The
404,544
A
525,519
Prepayments
Experiments,
equal
accepted,
advance
r
1,459,707
r:
7,837
Patents and trade
Debenture expenses
10
serially
Installments
A'" /
.288,479
<* 315,370
A.**
current).
annual
of the estate of which they are
212,644
287,207
*
*
...
(not
of
.
11,503,456
A, 176,195
15,819,088
.Sundry- investments
installments
4 Payment? of the principal of said certificates and the dividend warrants attached thereto will be unconditionally guaranteed by the
/trustees, but not individually such guarantee to be binding upon their
successors and assigns and shall constitute
only the general obligation
4,021,332
4,860,824;
.
-
Cash surrender value of insurance
policy
annual
4,423,813
2,303,323
Inventories '
equal
;
.
-—
/Cash
pue from subsidiary /companies-.
10
equal
payable
bid
be
6 Mos. End. 10 Mos. End.
Net
5,400
as
.
■
in
A and
v- :. [Including Wholly-Owned
Domestic Subsidiary Companies]
[
Assets— ;A/AA/Qt/.. A;
AMaAAAA^AAaA/ ,' 1941 - A A'A 1940
.♦Land, .buildings, machinery, etc.
$26,958,011 $25,025,152
'.Receivables (net)
serially
15
equipment
(& Subs.)—Earnings—
Period—
,v
' Consolidated Balance Sheet, Dec.
•
■
$2.80
$3.90 /,:
profits tax in 1941 and $2,372, in 1940.'
excess
Dresser Manufacturing Co.
A'
h.p. diesel electric freight locomotives, to be manufactured
/by General Motors Corp., Electro-Motive Division, at an estimated cost
of $3,000,000, of which not less than 10% will be
paid by the trustees
?
*
517,609
•
.
'
■-
six
$448,161
$1,449,780
$1,760,895
<
of
of
payable
the
A
-
not
The
Shares
installments
Installments
The rate must be
state
; desired,
506,267
A
annual
annual
payable serially in
each;.:. ''1 /A,A1//'
$2,700,000,
must
$1,213,227
$1,956,048
«•
506,268
equal
equal
Cost
AAA-/" $180,000 each. •
'..'A Each bid must state
bidder.
Net
10
15
$270,000 each;
(f)
167,256
65,730
:
$2,400,000,
A
417,469
50,682
11,580
debt.
in
in
2365
'.
;
payable
$160,000
115,082'.
payable.:.'
serially
serially
$240,000 each;
•
(e)
$2,318,958
525,000
$3,156,448
641,913
funded
$2,400,000,
(d)
22,060,853
profit
$150,000 each;
(c)
/
inc.
notes
of
(b)
;
$45,902,220 $33,797,832 $28,233,361 $24,379,811
funded
Amort,
payable
$225,000 each;
$2,250,000, payable
"///'/
other
less
Operating
Int.
,,*/''•/ '//
deprec. &
*
exps.,
Years
Calendar
for
Wholly-Owned Domestic Subsidiaries]
[Including
<
Account
Income
$2,250,000,
(a).
$500,000; paid-in
stock (5,000 shares
'iT-VW'V WffMfii W>"r
-
•
:
Net profit after deprec.,
interest, etc.
Earns,
"'Loss.
'f; '
■■><
v.
i
,
t.
taxes
that
states
provision
no
..'-j. •
normal
;*. •
-
,
*
Company
*$35,437
v1-,
Nil
share-
for
•
-
.
,
Federated Department Stores, Inc.—Annual Report—
^
Consolidated Income Account for Years Ended Jan. 31
J
,1 v
:
,
•
■:>
,
-
■
'(Net.
'
\
sales
'Other
income *
<$■ '"
"jj
The
directors
of
account
;
have
declared
accumulations
dividend
a
the
on
of
$1.75
$7 'cumulative
has
tion
been
made"
this-issue
on
each
the
Total
131,235,095 114,619,604 110,130,882 105,913,821
"Cost of sales & expenses 122,634,043 107,651,703 103,242,572 100,248,178
Depreciation
* 1,589,982 *
1,565,821 -■*; 1,479,742
'1,414,044
•Loss
396,869
___„—
N.
on
Y.
402,791
S
to be
sell
the
on
Independence
Public
Service
resulted
i.
including
"
»'
-
>
v
Net
profit
Preferred
^
451,150-
,
_1__
Shares " .common
Includes
.-
-
3,340,224
'
1,399,405 "
•
951,587 /
1 920,898
937,293
$2,791 -'%"?$2.90'■[?;■
"
Consolidated
Balance
V
Sheet, Jan. 31
Customers'
accounts
and
reserves:»—'*•>>.■
J'.-" Reg." retail
notes
hand
on
and
'16,330,511
V~_>va
2,621,922
25,223,110
C-oodWill
$68,099,276 $62,746,503
——^
:
Liabilities—
1
-
'•Accbtihts payable, trade credit
Long-term
—
current-
debt,
sales and
for
incomte
taxes—i'
u;
u-
■
Real estate
•
•"
824,598
mortgages--——!————u—10,980,183
1,871,900
5,102,461
Minority interest in common stocks of subsids."
4l/4 % ~ cumulative pref. stock—
—;
♦
•
1
Capital __-i
fCommon
Paid-in
surplus
Earned
574,203
10,935,000
116,250
9,372,927
records
All
"v
Tqtal
v
.^^rising:
$68,099,276 $62,746,503
stock,
U-'
Spark
out." of conversion* of preferred shares Into common
.{Represented by
,p.lpl9.'
(937,293 in-1941)
951,587.
no
shares.—V.
par
'
Wheeling, W. Va,—
dispatch from Asheville, N. C., June 16, states: ' * *
The Court of Appeals for the Fourth Circuit June 16 reversed the
U. S. Court for the Eastern District of West Virginia, and remanded
A press
-
-
for further proceedings the case
v.of.
•
"Machine
056,680
and
'contracts.
>:>"-*
6 Months Ended March 31—
Profit
*
Justices John J. Parker, Morris A. Soper and Armistead M.
Dobje dismissed the company's petition for reorganization under the
National
In
r-.'
;
the
addition,
company
was
said
to
have
of $556,467 and approximately $500,000 in cash.
,•
637.
p.
City,
Capitol Bldg. Co.—Bonds Called—
of first mortgage 6%
serial gold bonds
sale
10,000
asking
following
the 5%
be
made
available
for
interest
pay¬
first and refunding bonds of this company
and
■'
by holders of the 4Ya% ^irst' mortgage bonds.
y;;^
Approval of the action was urged by E. G. Crosson of counsel for
the
deposit committee, who brought out that the interest: on the
$45,000,000 issue had been in default since Sept. 1, 1931, and that
I-
March
on
the
it
the date the petition
1942,
prepared,
was
the amount of
interest
defaulted
aggregated $24,750,000. The $1,250,000
be equivalent to one semi-annual
the bonds.—V. 155, p. 2094.
* *
"
" "
"" ' "
brought
was
on
'
1,
out, " would
Food Fair Stores, Inc.—Sales Increased—*
t.
asked,
price of $26
~
:
Period Ended June 15^-
^ Sales
$3,064,537
There
are
pare^ 'Wlth
77 stores
^ormica
stock,
amount
Dec.
23,
each
on
July
1,
value,
was
Georgia & Florida
.h ■11;
'
1941,
as
1940.—V.
payable
Dec.
Operating
on
>■-
the
.'Ai Period—
RR.—Earnings^
Operating
23,
1940,
and 25
155, p. 2278.
cents
Ended
each
on
April
The
account
*
22.'
March
income
Deductions
;
"
Corp. states:
22,815
——:——1
156,600
"
Net
income for
year,..'——______v*
$340,440
DlrjSehds-.on'coiOTnon st#ck :(24Mf cents per share)
-149,182
C-ii'lpends- on class A preferred stock ($1.50 per share>____ + n" €4,057
-
•
•
*•
-
Liquidation
•
'
/- ->•
-■•'
have
from
time
1 cerning
was
the
hoped
-
order.
On
April
20,
.
assured,
and prior
changed to one
was
Gas
Utilities
&
Co.
:
«
■
called
effect.
'
:
•
>
$2,116
.■
■■125,000"
>
90.000
Corp. of Michigan^.—(
750,000
$96^116
the: termiB> of
in the following manner:
on first lien collateral
to
-
and
distributed' In* accordance with
first
is
trust bonds
$43,519 >:
•
lien
bondholders
each
on
for
payment on
$1,000
indenture---^.
the
salient
These
1
features
of
are:
12,000 1
L
the
'
909,938
>
^
'
1
?
^1,660
'
plan of
*
1
\
-,
bond.__._--
reorgani¬
-
-
'
-
ofthe
thereof
and
other
any
the
of
necessary
available
principal
expenses.
and
the stockholders
to
cash
te
be
interest'on
applied
such
ratably
bonds
>'>;v>>
subsequent dissolution of the
of
of
to
accumulate
bonds.
Cash
and
to
>:>:'■>V-
(whose interest is presently repof any cash (or other-assets if \
be
to
the
company.
unpaid
on
paid
Bank
r;.
due
:
.
.
V/\ ?
principal
on
>.,■ ,'i/; .v':>■;>•
*
--
oni
principal, when available in -the
the Manhattan Co., in installments*of
2Va%,
the principal amount of the bonds outstanding,
of
multiples thereof,
out
.
......
balance
.,»^1
on
Final supplementary settlements for the,
Virginia and Michigan prop¬
erties are yet to be made.These involve the
net current' assets.
It
is not believed that such settlements
will add any sums to the amount '
already available for distribution
to
bond
holders.
If
there
are '
deficiencies
to
be
adjusted,
the
they will be paid by the company without
leaking distribution systems.
president
value of $125,000.
value
Rochelle
of
Company has sufficient
of
have
been
the
Co.,
This
Natural
converted
situation, however,
%
has
Gas
to
selling
a
;
..
.
which the president estimates has a selling
property is close to the natural gas supply
Pipeline Co. of America.
Normally it would
distribute
greatly
alters
to make this conversion for
..
estimates
v
■
,*>
Gas
$125,000.
lines
a
(4) Watertown Gas Co.,
ing value of $50,000. •■•>•'•
natural gas this summer.
The war
the picture.-- It may not be possible
year of
which
two. ':11
;
-
the president
estimates
has
.-v; -
•
v >
a
sell¬
"
'
,
The
total of the estimated selling. Values of these
properties is
$800,000.
\v.:r.
.;.-i-v! Since $909,937 has now been paid off to the
bondholders, there is
.due them, less any future accumulation of
.interest, $672,562. 'If the
.
remaining
•
;
properties are sold for values approximating those given '
above, the bonds, plus their accumulated interest, will be paid off in
full and there may be something left for the stockholders.
'.«-V
V'A
The
1 and
Henry
figures for
the
company
revenue
expenses
ended Dec.
31, 1941,
system
and
-
>/-' ■'"_;
;
exclusive
income,
follows:
as
.
of
Great
based
-V
-
oh
>
.
'
Lakes
audited*
.
revenues
Total
operating
Gross
..
$304 548
expenses
taxes:'3rrZIA?I~'
including general
"
$69,452
•
Gross income after management fees__:__________j
Depreciation provision
;
—1—'
Net income before interest charges_____^
♦Management
additional
1
Since
235,096
income
♦Management fees
^
that the bonds could be extended for 15 years.
year
Total
.
It
Company
had
'
Gellert,
maturity^ date of the bonds.
Co.
Future Operations;"
;
property left in
Utilities
to
possible: extensk>rt~of the1
SEC's
..
r'*;■ •
time been apprised of the special problem,
because of the maturity of the outstanding
$1,582,500 first lien collateral' trust 5 '/a % bonds of Great Lakes Utilities
Corp.
This issue became due ahd payable on May 1, 1942.>
- !
J
In the May 20, 1941, report' to security holders attention was called
to the fact that conferences were' held with the staff of the sec eOxv- '
You
with
;
1942,
in
Interest
(3)
••
N.
—
4
Co.
.
1942
,.,1941
1941
$744,930
$571,438
$26,200
n.' : •:>•'>':> : :
.V
TV.*
-
was
...
,
.
of 25 cents' per share on
cumulative preferred stock; class
-
Inc.,
on
hand to carry out the program for
repairs.
It is doubtful "
whether sufficient pipe can be secured under
priority ratings to permit
of extensive replacement of all
leaking mains..-.•■,•.
-.".V'. *■:,•
••••••*••;
(2) Paxton Gas Co., which the
—J^n. 1 to June,7-r
■
confronting the company;
74,840
-
1
Co.,
Manhattan
the sale,
properties
funds
ing trust certificates of Great Lakes Utilities Co. and 1st
,lien collateral trust gold bonds of Great Lakes Utilities
$549,065
Provision for Federal Income
'
r
and
Reorganization
___—$571,880
from, income
.4
above
Virginia
terms- of the
been made to
par
■
&
the
of
Co.__
to
dividend
a
Bioren
sums available for the above named
distribution.
-•
>
properties now remaining in the Great Lakes System are:. >
.>■
(1) The Ohio Gas Light & Coke Co.,> which President
Gellert esti-A
mates has a selling value of
$500,000'after considerable repairs have
value, both payable July 2 to holders of record June
A similar amount was paid on both issues on April 15, last, while
no
to
Bank
The
CoA', Ltd.-LAccumulated Dividend—
declared
Co
depletion of the
President, in a circular addressed to the owners of vot¬
$5,901,516
5,352,450
—_—
:
Great Lakes Utilities Co.^-Resume of Steps Taken In
31, 1942
!—
-
v
'
<J\/"
during 1941 the folldwihg payments were,made: April 1, July
Oct. 1, 25 cents each, and Dec. 31, 75 cent®.—V, 155, p. 1511.
and
,
Total
have
accumulations on the $3
of
> a and
B,
-
■
—
directors
'
•
\
.
/
'
.
expenses
N^t Income
1942
$28,650
revenues—
2278. .■;
'>
the hands of the Bank of Manhattan Co. under
being
payment
hands
or
•
v
operations
Other income
1
Week Ended June 7
—V. 155, p.
Great Lakes Paper
A
common
July 1 to holders of record June 15.
A
April 1, last, and on July 1, Oct. 1 and
with 25 cents on April l, 1941; 50 cents
Kleiser Co.—Earnings—
&
from
share has been declared
on
compared
Y'ear
Income
$2,655,720 $19,202,614 $15,117,011
in
per
disbursed
Oct, 1 .and
Foster
cents
;
v
•
1942-—24 Weeks—1941
Insulation Co.—50-Cent Dividend—
par
no
now
the
(5)
through
,t
is
Extension
and the
share up to
.••■
"
resented by voting trust certificates)
by that time not reduced to cashremaining after payment-in full of >
the principal and interest on said bonds and of
any other liabilities,
.
operation, the company announces, com73 for last year,—V. 155, p. 2006.
'
'■ / ..v"
A dividend of 50
like
1942—4 Weeks4»-1941
'
tenders for the
w\'j
Gas
(3) Distribution
x
;
■
payment of
company
distributed
■
.
to
.
has introduced-two new- blackout products that will
its dealers, a Cleveland dispatch states.•'
One, known as "Saf-T-Blak," is used on windows in areas where
there is danger of air raids.) It is a film which is applied to the
-window and-has been found to have many advantages over the previous
common
practice of painting windows black.
The material is gray
"on the outside; white on the inside.
It does not absorb heat as does
A black paint, and prevents glass from flying and greatly decreases
danger of windows breaking because of excessive heat,
r.
The second product is known as "Saf-T-Glo."
It is a luminous
; material
to mark strategic points during blackouts.
Principal uses
are
in war factories, hospitals and hotels, and to mark automobiles,
: so as to avert collisions during raids.—V. 155, p. 600.
'!
The
-
r'4
utterly
an
remaining in hands of Bank of the Manhattan Co.
now
(1)
General Tire & Rubber Co.—Offers 2 New Blackout
be
so
maturity date of the outstahding $1,582;500
first lien collateral .trust
bonds, 5Va%, series due 1942,* for one year,
or for two
years upon inability to accomplish the necessary liquidation >
;■» of- assets within that period.:1,
>■■>>*- ;v'">?>■>
(2)
Diligent efforts by the company to liquidate its assets, the
/:
,
fact,
etc., expenses incurred'in sale of Vir¬
Michigan properties....,.,.
M
and
amount
5
the
reorganization
Attention
tl-oss.
r*
Gas
accordance
of
securities
be distributed
zation
•*
which the tenders are received until the total of
acquired,
in
it,
would
prior to sale of Iowa properties
of Independence Gas Co. and Le Mars
assets
of
Under the
-
per
properties
companies upon the receipt of $90,000.
hearing on the sale of the Michigan properties
total in
a
money
Balance
•
Wall Street, N. Y.
46
receive
1942,
these
make
to
1942. -The
principal at the rate of $575
-
coupon
' ' v;
"
«-
of
these
in
sale
Interest due May 1,
Bet aside for legal,
Shares will be purchased in the
10,000 shares
by the board of
shares of its preferred stock.
been
Products—
hearing on the petition filed by the deposit committee of
refunding bonds. Objections to the request were made
a
first
the
-
$1,250,000
that
i
SEC
the
as
sale
This
after depreciation?;
general. reserve,
were
V
the Gas Corp. of " "
application in the U. S. District Court for the Eastern District
the plan declared fair and equitable and
proceeds
which total may be increased
directors without further notice.-^V.* 155, p. 1310.
has
-
petition
».
Bank & Trust Co.,
up to and including July 3,
the above corporation at a fixed
order in
Judge Louis W. Strum on June 11 took under advisement a
ments to holders of
to
will
to
'
of. $36,000
Federal
credited
«
Commercial National
The
>
> " :>><
Florida East Coast Ry,—Interest Petition—
-
>
been
Tenders Asked—
dated
; Jan. 1, 1927, have, been called for redemption as of June 30, 1942, at
•par and interest.
Payment will be made at the Citizens Commercial &
Savings Bank, successor trustee, Flint, Mich.-—V. 125, p. 2153.
total
A
having
properties
sale ' of; the\Virginia
and
grajated^r'^i^.iT'^'^^'t'V'V^'';"*^:
was
28,
1942, a
before
the plan of
income interest received from a mortgage loan
$31,776
ing Jto
Co.,
Total cash in hands of Bank of Manhattan Co
applicable to tlw stockholdings of General
amounting, tb $1,787. There has also been
amount¬
Corp.
sale
as
Martinsville
April
securities of
sale of
(4).,
■»>r:••>■>'>:>■;>>•>, f;f
Flint (Mich.)
:
Utilities
&
the
on
Martinsville
t$15,147
the share of net profit
the
plan
From sale of securities of Gas
>
...
■
■
excluded
sell
for : the
Gas
'•
226,759
—
an
From
To
226,750
,
the
soon
From
$211,612
$294,561';
that
continuance
March 31,
ginia
*$67,810
been
excluded from
15 States must be determined
instance by the local statutes, the Circuit Court ruled.—V. 155,
-
There has
Realty
Rights of the contract holders in the
in each
1942'
'
wkJ*
SEC
proposed
Remainder on hand
of Central Park Plaza Corp.,
securities
undeposited
'
______—
'
Bankruptcy Act on the ground that the concern is an insur¬
corporation and the petition was not filed in good faith.
ance
* '
"
Depreciation:Jr»_---:r,_r._;_l.-.
.
C^cuit
•
1941
"
Net income before* depreciation (est.)
to
the
of
This made
General Realty & Utilities Corp.—Earnings—
•
',used-to pay off. liabilities of $23,475,669 incurred by the company inthos^ States, The company engaged principally in the sale of annuity
;
">
>•
.Negotiations
to
;,the terms of the indenture of:
gun
.
company filed
plan of reorganization.
a
The sale of the stock and debt of .the Gas
Corp. of Michigan to the
Michigan Consolidated Gas Co. was consummated on April 30, 1942,
by the delivery of the above named securities to the purchaser upon
receipt by the Bank of the Manhattan Co. of $750,000.
.i
-
court officials explained, the decision means that $20,securities deposited by Fidelity with 15 States are to be
in
■,
Record
■>
procedure,
efforts
the provisions of Eection 11 of the Public
Utility Act of 1935.
On April 21, 1942, the hearings was held.
The court found the
plan fair and equitable and appropriate.
■
.
2006.
court
company's
Pennsylvania to have
appropriate to effectuate
the
may,
—V. 155, p.
effect,
In,
-
stock
of
for production of Browning machine guns by the AC
of General Motors were smashed in the mdnth
announced by George Mann, Jr., General Manager of the
-
oostly
a
the Martinsville
Co.,
The
held
filed
of Edgar B. Sims, auditor of the State
others, against the Fidelity Assurance Asso<>>...!■.. ;•'.••'•■■ l.v'V.:•
Virginia,
v
West
elation.-
•''
to the above hearing, the plan of
reorganization was
liquidation. • This latter plan was filed on March 1, 1942.
After a
hearing on March 19, 1942, SEC issued its order and findings, dated
March 31, 1942, approving the plan, and at the
request of the company,
manufacture at AC was started in April, 1941, and
14th month of this production, AC went 93
over its
original schedule for that month," Mr. Mann revealed. , "Furthermore,
this figure is 16% greater than in April, the previous month.
"While exact production figures cajinot be revealed, it is interesting
to note that AC is turning out more machine guns in one day now
than it did in one month in the early stages of production," he stated.
—
in
Fidelity Assurance Association,
Vest Virginia Suit Voided—
it
"division.
155,
/■">•;.>
of
Division
Plug
of Ma.y,
the
As
a
General Motors Corp.—Machine Gun Output at
the
materialize..
alter
plan.
On
'
7,513,058
of
some
to
avoid
to
1942, SEC issued its order approving
10,518,361
—:
*—
—
-—"J-] 10,967,576
,uX—— '■ 8,728,840
surplus ~i
'■"
The sale of the stock and debt of Virginia Gas & Utilities Co. and
was
•
1,914,800
116,250
9,515,873
:
stock——
Vv,' V" 1"-'"u:'
part of General
stock, series A (par- $10) and 865,075 out¬
standing shares of common stock (par $1), and frfr authority to add
to the list 120,000 additional unissued shares of common stock upon
> official notice of issuance upon conversion of the 15-year 5% con¬
vertible debentures, series B; and 176,854 additional unissued shares of
common stock upon official notice of issuance
thereof upon exercise
of
the outstanding warrants for the purchase of
common stock.—
V. 155, p. 2278.
>5,578,295
10,495,000
the
on
preferred
cumulative
5%
■
10,295,413
Preferred stocks of subsidiaries———:———
,
conspiracy
approved the application of the
corporation for the Original listing of 196,854 outstanding shares of
1,129,513
* 3,004,500
,
Reserves
company
disposed of about two years
.
17, 1941, an application for
explained
released
;
York Curb Exchange has
The New
254,991
1,348,200
•
Negotiations for the sale of the Virginia properties to Bioren & Co.,
were concluded.
No ponserit/of SEC was needed >'
for the sale of the Virginia properties, since that transaction was
exempt by SEC's rules.
!■'v
^
/
General Finance Corp.—Listing of Stock—
274,818
f
257,694
1,319,932
cxpenses__i_u_i—
Federal
K
—284,896
———
Reserve
300,000
-400,000
-
_
Sundry creditors
A.ccrued
$2,620,674
$4,229,571
,'NOrtb^^payable,-current
a
order
consummated
,
'
i.—_
Total
•
Iowa
,
of
C> A. was asked.
When the suit went to trial
settlement was offered on behalf of the de¬
fendants.
"
"
>
a referee was appointed to study the fairness of the offer, and after
hearings the referee recommended acceptance, declaring in his opinion
the plaintiffs would not be successful in the prosecution of the suit.
Judge Levy then approved a motion favoring settlement of the suit.—
V. 155, p. 2278.
by
Levy
allegedly lost
Judge
902,515
___J..-,—
charged
suit
accounting
before
25,001,377
1,300,138
____________
.
,VDeferred charges
—-
directors..'-.'A
former
The
12,744,238
2,666,302
transit'-—
in
the New York Supreme Court has approved
the General Electric Co. and
Electric,'Westinghouse and directors to defraud R. C. A. and to waste
its assets during the years before 1932, when large blocks of R. C. A.
«stock were held by the defendant
corporations
Recovery of sums
335,421
the
1942,'and
in the State of
Inc., of Philadelphia
Westinghouse Electric & Manufacturing Co. rin a suit brought by
1 stockholders of the Radio Corp. of America and certain of its present
7,041,046
to
23,
1941 it became apparent,that there was no
Dec.
Utilities
was
new
i
*
•>'
; -
•
&
radically
of $1,000,000 made by
settlement, offer
and
__—
It
the
>
9,125,793
Co.
Jan.
on
company
company
Justice Aaron J.; Levy of
442,356
i
—i
The
a
806,751
•
10,464,977
—
Miscellaneous assets
assets
501,501
Gas
operations of
the assets of
were well along.
Consequently,, at the hearing on Jan. 26,
1942, the proposed plan of reorganization was held in abeyance and the
requested a continuance of.the hearing on some future, date.
1492. A
p.-
|to Radio Holders—
$4,167,434
6,819,167 "t
debtors
Gas
American Investors Co., - Inc.—Redemption—
General
-
.7.;..:>7;,:":;/;
>___
beginning
,
',
all
.
of
Mars
the Le
have
previous efforts
sale
short of one
Meanwhile,
1:X Genial Electric Co.-f-Court Approves $1,000,000 O^fec
less
terms
-Merchandise
•
receivable,
terms
Instalment
Sundry
v
and municipal securities.-—
154,
cess,
suit
$600,000
will redeem,on Aug.s 1; the ,$2,346,000 of Zxkc'o de¬
bentures outstanding, it was announced on June 17.—V,, 155, p. 1510.
,
1941
-
im¬
Michigan
-
$2.45
V
1942.--
Ui S.1,' State
in
920,163
■
$4,351;210
Fixed
■
$3.10 '
•
-
on
^.;•....w-~
.
be
would
company
the
consummated
was
in; the cessation of
"and
;
.
2,756,223
'?>!*. 505,551
1,150,571 ' - 1,150,204
of
and
sale
the
that reason
For
resulting in
Iowa.; Peoples Gas & Power Co. had been
with SEC
The
' 486,427
Assets
•
.
profits tax of $1,016,000 in 1942 and $40,000 in 1941.
excess
'
*,!t'-
94,684'"v"' 96,487
"" 498,824 ; •?'' 352,554
^ •470,170''
1,421,178
.L,
stock
outstanding (no par)
'Earnings, per share__'__
*
-
3,101,895 > 3,192,099
;
dividends
'-Common "dividends
:'-:r '94,031
the
advisory
would
plan of
>.
contemplating the complete liquidation of W
the company which would be, acceptable to the ■SEC?'-:'.:f
,*■ "<««SV...>.
Since the efforts to sell more properties -were not meeting with suc-
,
>
Co.
The
„..In December of
f
*
<
Gas
Co.
previously.
'
the Commission,
to
of its properties.
some
properties were renewed
brought'-by 4hc company against the Hercules
-Powder Co. has been settled.A stipulation filed in the U. S. District
'Court at" Providence, R. I., states'that the action has been "settled-*i without
costs." » Attorneys in the case* decline to discuss the settle-
V;
t
acceptable
dispose of
to
.
reorganization
J'" Fruit of the Loom, Inc.—Suit, Settled—.- >>\
289,135
'
securing
The
it
unacceptable and contrary to the requirements of the Public Utility Act.
It became evident early in 1941 that even if a plan of reorganization
1941, as against $8.75 on April 1, 1941-.,. The previous pay$1.75 per share, was made on" Jan. 2, 1933V ' See also V.' 155,
•'/* ^
757,200
-
>
that
v
2094.
•
World's •;
'-•
Fair debentures".:'4,952
Subsidiary -pref :*• divS.^v'
90,712'.'N> 92,240
;l/Cinority interest '
A 417,094
361,797
V
439,805
•
of
extension.
an
indicated
hope of putting into effect some sort of a reorganization. Such a '
had
been
suggested by the SEC.
Each of the plans sub-.
by the company's officials and counsel were, however, deemed •
>ment.—V.
Interest
possibility
the
such
clearly
furnished,
mitted
1,
{ment,
-p.
to
as
for
Commission
scheme
,
■
3,004,500'. *1,348,200 i:.' ' 941,000
the
possible for the company to get the approval of the Commission for the
extension.
The conference with the staff continued in
preferred
and
advisory opinion
an
of
promptly
.contemplated
A similar distribu¬
-
since
quarter
;
share
per
convertible
stock, payable July l to holders of record June 25.
■July
•Federal taxes
for
approval
opinion,
to
Foster Wheeler Corp.—Accumulated Dividend—
•
.
V
,
asked
'
•;
-
$248,980;
class A
preferred stock
(par $25), $1,035,450;
common
stock
(608,575 shares, par $2.50)," $1,521,438; capital surplus, $64,991; earned
surplus, $1,567,664; total. $4.818.292.—V. 152, p. 3968.
"
1941
•"_-i ^
hand,
on
Monday, June 22, 1942
proved
'
1940
1939 V"
« $"
<j>
i».r.•
131,427,879 114,657,245 110,114,135 105,908,984
(net)i__i. " Drl92,784 v !Dr37,641
16,747
4,837
^
f.
V*
1942
'
,
'
;
and
6%
•
'A >>;
f
•'..
banks
(net), $491,616; inventories of stores and
"
profits
excess
either years;—V. 155, p." 1677.
w$s necessary in
•/.'
,
and
in
accounts and notes
supplies, $270,965;
Ilong-term receivables, $20,763; investments, $188,925; plant and equip"ment (net), $3,406,262; prepaid rentals, insurance, taxes, etc., $190,781;
leaseholds and goodwill, $1; total, $4,818,292.
'
Liabilities—Current liabilities, $595,170r long-term liabilities, $33,580;
receivable
>'
„
u_->..*$104,385; v $63,355-A... $231,098
...
$0.52.1- V,.> $0.31.$1.14
—,
per ;Comt-
,
'Assets—Cash
.
1942—9 Mos.—1941
1942—3 Mos.—1941
Balance Sheet, March 31, 1942
-
Eureka Vacuum Cleaner Co.—Earnings—
Period Ended April 30—
■
iWWI
THE COMMERCIAL & FINANCIAL CHRONICLE
366
.
w
/ritriVrJiti ,"M/tafc«tir>i»a;.i>^ Vs.
r ft
fees
$6,000.
the
-
interest
paid
by
charge
the
Great
-
*
18,700
$44980
Lakes
1
*
5,772
$63,680
Utilities
Co.
were'ah
•..
„
the balance of principal of bonds outf
standing is $36,991 the earnings of the properties-»re"
presently more
than-equal to the interest requirements even-if such interest is not
'.paid as> earned.
What the future capital requirements may be
or
on
.
i.the. impact-of the. war on the earnings power of these
subsidiaries
not be predicted.—V. 155, p. 1836.'
•
»
canA
• ■
...
'
*
•
account of accumulations on
when
and
earnings are
available,
or
in
any
a
notes to 4%
one-third
for
$4,860,679;
to holders of record June 26. This covers the
ended June 30, "1940.
A similar distribution was made
2367
at maturity of
event,
principal, $2,758,038; common stock (par $1), $393,309; capital surplus,
deficit
from
operations,
$6,171,877;
total,
$10,028,033.
—V. 155, p. 1753.
■/;,&:
dividend of 75 cents per share on
the 6% cumulative second preferred stock,'/
declared
have
directors
as
Ltd.—Accumulated Dividend
Great West Saddlery Co.,
The
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4083
Volume 155
months
three
April 7, last.
on
■■■-
•
'
Intercolonial Coal Co.,
and
The
directors
common
VV-
Ltd.—$2 Dividend—
declared
a
dividend
of
$2
:
,
share
per
stoclc, payable July 2 to holders of record June 20.
This
share
the
on
"
•
on
basis
a
favorable
more
...
the
ment
of
com-
West
Indies,
In 1941' the following
its
to
the
..
.
operating
and
subsidiaries
in
its manufacturing
South
America,
subsidiaries in
•
earnings
Operating,
A similar/'/*
.
,
,.
,
D„B.
v
distribution
1941, the
International Business Machines,.Corp.—^Controller—
company paid
a dividend of $2 on account of accumulations and
a
The corporation on June 17 announced the promotion of Harold E.
quarterly dividend of 80 cents per share on this issue.—V. 155, p. 1213. '«•? pim to the position of Controller of its main plant at Endicott, N. Y.
payable July 1 to holders of record June 23.
was made on
April l, last, while on Dec. 29,
class A stock,
United
Net
-
$7,711,693
$7,515,429
foreign exchange,
on
1940
$29,414,244 $27,088,270
general expenses, taxes, etc,;. 21,898,815
19,376,577
selling,
earnings
Profit
the
States.
31
::. 1941
\ ■
Gross
......
and
Mexico,
the
Consolidated Income Account, Years Ended Dec.
-
"n4
;■
payments
corporation succeeds under these arrangements in acquiring a
substantial amount of the outstanding debt, it will be relieved of a
portion of its fixed charges and funds should be freed for the develop¬
'
on
* *"d
Dividend—
declared a dividend of 80 cents per
directors have
have
with $3 per share paid on Jan. 2, last.
pares
Greif Bros. Cooperage Co.—80-Cent
The
the
If
•'
■
.
this issue in 1941 were as follows: April 4, $3;
July 3, Sept. 30 and Dec. 31, 75 cents each.—V. 155, p. 1311.
Payments on
amortization
corporation.
$50, payable July 3
par
and for each $5,000,000 of debentures acquired to exchange
notes for 4% notes due Jan. 1, 1952, with provision
of such
annual
66,996
214,410
$7,582,425
$7,926,103
2,934,464
2,771,209
5,127,6:5
-
.
'
'
»
Guardian Investors Corp.—Suspended from Dealings—
.!
the
$1). has been suspended from dealings on. /
York
Curb
Exchange.
The U. S. District Court for the
District of New York has approved the trustee's plan of stock
common
New
Southern
(par
makes
WhlCh
common stock,
v, iw,
i
**
n
e
[v.:/- ;/„
office
by
Charles
E.
Love
*
,
11
.
.
Charges of subsidiaries--,^...
Interest charges of parent
,
•
k
declared the regular quarterly
12
dividend of
extra dividend of 12V2 cents per share on
cents per share and an
record
'
r.
r-W :
June
204
.
Regular
quarterly-distributions
cents
37 Vi
of
>
1940 "V;-; ■■•:/ 1939 "
1941
/" •T'-;."..;':\
\
tions
have
been
'
S% r/7:
^
assets
Note—Current
amounted
to
compares
with
and
$4,872,701
cash
of
of
liabilities
current
of
as
on
-
-
•
•
♦
,
'The directors have declared
excess
1942
tEarnings
per
$137,117
.
income
tOn 85,440
charges.
and
$4.73
1942.
3 Mos. End. Mar. 31—
♦Net
profit
1942
and
$A35
'
7
.
$228,436
11
'
■
$0:73v
■
1141.
,.v. joo, p.
1941), etc.
,1941.,
,
$109,684
* '
—
sh; on com.
",.,1,;
J.
,
.
-
•
■
•
mnnhinp
1940
..
-"
.v
1939 :
.
$124,024
$187,753
"
'
♦ $0.40
$0.60
,v,
Board, according to Mr. Feldman.-.
The- company-
Co.
$69 M»
share.
a
block of 6,355 shares of common
a
-
«
<
Deferred
A'Ca
Ua.
\
/o
W
*
-
: ;
$276,190
Other
Ti
.
h
.
Inc.—Registers With SEC—
.
,
v
.
'
-
.
..
.Thursday, June 18, ;page 2302.—y, 155, p.«Jo.v
Set; VChronicle,
' £
*
/
/.
•*
Hummel-RoSS Fibre Corp.—JNO Dividend Action—
The directors
within
and
in
hand
deferred
of
public...
Income
3,218,248
3,501,938
-
1,499,678
1,252,172
'
1,063,997
;: 448,020
to Int'i Stand. Elec. Corp. ^
cons,
2,135.202
2,117,235
■
'•
2,727,891
981,459-
/•; i,419,609
year
interest
Total
49,937,361
52,531,759
;
payable.
one
i.■■
,
by subs, to banks.....
627,545
2,186,166
,
'1,272,678
Reserve for depreciation:
Reserve for contingencies
and
37,410,407
98,244,996
surplus accounts
415,147,128;
421,511,705
—
2,286,452
856,479
-33,787,308
91,844,153
Note—For comparative purposes certain adjustments and reclassificahave been made in the 1940 accounts as-previously reported arising
principally, from
from
the
the exclusion of
consolidated
the
of
accounts
Shanghai Telephone
accounts.
-
Total gross
Total
Only)
$2,890,554
general expenses,
taxes, deprec., etc*,
net
" '
$3,749,330
-^611,541
.
•
•' 1940
4941
fearnings.,
»
<-
-
Statement of Income, Years Ended Dec. Sl <Parent Co.
;
$1.50 per share on account
760,425-
,
action on the dividend ordinarily
June 12 took no
on
June
30
Holland, Belgium, and France, communication with those com-
on
TT imMiAnp
the coming of war to this country
"Rond Extension Plan Ooer-
Tftm
■
-
come
to ah end.
-
'
letter to the holders of prior lien
While the progress of war both in Europe and Asia and its exten6%'sinking fund bonds dated May 1, 1932, deposited under the corsion to the United States in December. 1941 has temporarily lessened
Doration's plan for extension states:
.
:
the usefulness to the corporation of the operations of some of its subOn June 8
1942 there were $414,950 of this corporation's prior lien
sidiaries in European and Asiatic fields, this same factor serves to
bonds deposited under its plan for extension,
focus attention on the very great importance, in view of the existing
?
The plan calls for extension of 80% of the principal to May 1,! 1947,
national emergency, of the corporation's properties and activities
and -Davment of 20%
of principal at time of extension.
Directors
within the Western Hemisphere. ■
,
'
declared the plan operative on June 8 and also authorized the pay-,
From the very outset corporation has been a pioneer in the develop¬
ment
of
the
interest coupons due May 1 with interest thereon to
ment of telephone systems in the Americas and cable and radio cornJune
15.
Interest for the period from May 1 to June 15 was also
munication between the United States and the other republics of the
authorized paid on on the 20% payment of principal.
/
Western Hemisphere. <
.
.
..
.
'
.
As of March 28
last there was at that time $120,269 in the hands.
The acquisition of All America Cables in 1927 provided a cable netof the corporate trustee, realized for the most part from the sale of,
work connecting and serving Cuba, Puerto Rico, Santo Domingo and
property and equipment which was covered by the prior lien mortHaiti in the West Indies, Mexico, the five republics in Central America
gage when sold
Between that date and June 8 additional mortgaged
and Colombia, Peru, Ecuador, Chile, Bolivia, Argentina, Uruguay, and
property was sold and approximately $162,000 has been added to the
Brazil in South America. As a supplement to this system, there were
fund in the hands of the corporate trustee.
' - •>.
later acquired, under a lease and purchase agreement with the French
Since June 8 a contract for the sale of one of the corporation's
Cable Co., additional cable connections to Haiti, Santo Domingo,
less desirable mills has been completed whereunder $71,850 has been
Puerto Rico and St. Thomas, and cables from Puerto Rico to Curacao
-added to the fund.
While the corporation's saleable equipment has /. and thence to Venezuela. There is no comparable American or foreign
been greatly reduced, additional sales will probably be made and the
cable system serving the Americas.
..
...
cornoration mav be -in position to ask for tender of prior lien bonds
Supplementing this cable system, the corporation started and has
for retirement in the near future. -•
:
'*
^ :
developed a telephone and telegraph radio network in the. Americas
Annual Report—The annual report for the year ended Nov. 30, 1941,
with telephone and telegraph radio stations in the capital cities of
shows net sales of $331,411, -compared with $785,497 for 1940 and Colombia, Peru, Chile, • Argentina, Brazil, Bolivia, Paraguay, Puerto
$1 193 800 for 1939
The-operating loss for the year ended Nov. 30,
Rico, Cuba and'Nicaragua. All these stations except the last connect
1941-was $191 930 (before interest, depreciation and depletion).
This < directly or indirectly by telephone with the telephone system in the
compares with'a loss of $95,680 for the- previous year.
.'V-vUnited States and by telegraph with the Mackay Radio system which
President,
Donaldson
e
Net income
in
$2,280,477
4,849,339
$3,295/866
$2,568*862
...
$1,839,469
....
charges
—
-
5,135,335-
"Balance Sheet, Dee. 31 (Parent Company Only), * -
warn.
Assets—
'
•
in
and
advances
Investments
in
and
receivables
Miscellaneous
to
subsidiaries!..
from other
fixtures
Special deposits
1,473,852
15,588
;
15.838
*
3,661,798
Cash
in banks and
on
hand
United
States!.
4,5Q5,260
9,349,117
~*
[ 2,544,555 '
: ■ 4,808'
in-foreign oountries •//
Accounts and notes receivable
2,003
(net)....
38.210
28,986
318,305,692 322,794,936 "
....—....—
'
Liabilities-^-
...
»
Capital stock
Long-term
382.604
" 45-916
>56,479
banks and on-hand in
Total
1,659,429
"
309,245
charges
in
Deferred
"
(net)
—
Cash
1
393,408,400-313,60*7,540
cos.
investments
Furniture and
Deferred
•
f
•/
1940
%
Investments
In the month of December all in-
throughout occupied territory, has practically
f<)rmation as to operations
...
-
profit .on-foreign exch..* - -$2,279,013 < $2,988,905
foreign exchange, net
.---*;^-:---.,/^-lj464--;^.306,961/.
on
Interest
in
Intliana Limestone corp.—liona ^xienbion x-idn VP«
ative—
Profit
.
Net loss
.Sosthenes Behm, President, in his remarks to stockholders states
in part:
.
y
,
Extension of the .Wd| to -new areas- during 1941 and the -attack madeby Japan on the United States late in that year, with the resulting
involvement of-the .country in-war with All t^he Axis powers; inten-;
sified the: difficulties -of-the corporation*- While German -aggression. in'
Europe -had- previously -swept-through-the territory in which are
located the corporation's manufacturing subsidiaries in Denmark, Norway,
Net earnings before
v
.
.
.
T
consol.
Divs.—
the common stock, par $5. ' On March T, :.i ? panies was maintained from time to time and certain-limited informa-.
last
a
dividend of 10 cents per share was paid, as compared with,
tion as to their operations was obtainable. Information was also being
15 cents each quarter during 1941.
In addition, an extra of 15 cents
received as to the operations of the manufacturing subsidiaries in
uer share was y
paid on Dec. 30, last year.-V. 153, p. 1121.
'
•
Hungary, Jugoslavia, and Rumania. During 1941, however,
one way
per aim
»
or .another, those countries also became involved or overrun and, with
about
navable
i
subs,
loans payable
notes
Accrued
Co.
director8 haye declared a dividend of
Roport—
^
-
•
17,207
2,400,313
.7,350/
127,980,040 127,980,040
90,157,000
99,200,000
Accrued .taxes
share on its-1,488,123 shares of
International Metal Industries, Ltd;—Accrued
.//: V:v ;;/■
Other accounts and wages payable......
Long-term debt and sink fund installments due
$1.50;-May 1,* $4.50; Aug, I, {$1.50; and Nov. 1, $4.50.—V. 155, p. 1600.
International Telephone & Telegraph Corp.—Annual
.
.
Brown;^:<t- Vice-President, has keen elected a director, to fill the
created by the-death ef A. C. Diericx.—V. 155, -p. 2184.
Hotel Barbizon
* T
r:
£. -.
-
1
.
Federal income and excess profits" taxes.—V. 155,
'
l
1,840,700
,
9,770
.
V-v
Owing by subs.
~
Corp.~rNewiDirector—
Honolulu Oil
vacancy
3,349,018
,
Par«intfc
1942—3 Mos.—1941
profit
After charges and
'■^
;
stock (par $10) at
1679"
p*
5,281,599
1,646,350
1,836,867
noe« vU.j iiit.-r£idiiniigs—
\*W
Period End. Mar. 31—
♦Net
8,892,399
13,473,705
assets..
liabilities
Notes and
Notes
Of accumulations- on -the
cumulative-convertible preference stock
.,
r
._anci on the, 6%. cumulative-convertible preference A stock, bothr/pay1942—6,Mos.—1941-able Aug. 1 to holders of record July 15; A like amount was paid on
$124,526.V $522,691
$206,751
Feb: 2 and on May 1, last. Payments in 1941 were as follows: Feb. 1,
*
1,659,429
1,121,585
421,511,705 415,147.128
Securities of
•
has made arrangements- to- pay-
declared a dividend of 35 cents a
oversubscribed.-—y. 155, p, 1836.: •The
The issue was
.
hand in United States..
on
Capital stock
Long-term debt
Distribution^-'-^
&.Cb. and Union Securities Corp. offered aftey the. .close of.
Blyth
1,473,852
989,723
on
Liabilities—
-
business June 9
cos..
invest., etc
Total
tools
off-$2,300,000 of- its
indebtedness to the Reconstruction Finance Corporation with funds
received as a dividend of $1.92 a share on. 1,200,000 shares of common
$tock oT the^Untted States tines CO.; a wholly-»owned subsidiary.', y
. .Last
January the International: company paid,off $1,700,000 hf its
*
-
•
current
.
8,051,921
miscell.
material, piece parts, work in progress, etc.
.3,106,669
Construction and maintenance materials, etc
V■, 3,213,552
o
International Mercantile Marine Co^To Repays
.
..
.
Heyden ChemlMl Corp.-Secondary
.
$0.53,
-
other
from
cons.
Raw
improvements
of capital stocks.—
shares
receivable
not
hand in foreign countries
Accounts and notes receivable (net)-.___^.-.....,
During the 10 months ended Oct. 31, 1941, .$417,435 was spent on
and additions to plants and equipment, . with $435,437
used for the same-purpose in . the six months ended April 30, last,
he states.—V. 155, p. 1920. •.
*
t
' --
■
j
.
Earns., per
stock
i
$45,577
V. 152, p. 3499.
p. 244 •
Hercules Motors Corp.-—Earnings—.
-
1939
.
and
receivables and
Cash in banks and
1"
"°
nrodnotion
has
since Nov< !. the start of the current fiscal year, production has
ghown steady increaseS( and at tlle half-year mark output exceeded by
more than 50% the 1942 production rate, requested by the War Pro-.
duction
$403,866
-
;:
-,,
Anrti
.
1940
-
.
$1.60
$1.89
share
i -•After, taxes
V. 154
,1941-
$161,151
Quarter End. Mar. 31—
advunces to subs,
Sundry
* •/ -,
»
'1946
,
229,485,021 222,970,270
156,521,607 169,309,915
...
the/largest on record for
were
npHorf
c«ue \
/ p,
«A.n
Healey Petroleum Corp. (& Subs.)-—Earnings
*Net
profits taxes.
shipments of machine tools
"
■
.
31'
1941
and
Deferred
Shanghai
of
accounts
•
r
>
in
Deferred charges
Cash in banks and
requirements to $2.50 a share on 338,000 shares of
tAfter deducting $815,350 for Federal income and
-Mivffi"J1"haILarnf
?L}j „v°rfhPcfmp
vir nTo
This com-
rents
cents, and Oct. 25, 25 ,cents.—V. 155, p. 1214.
and Ort 91 21 rents—V ill n 1214
Ma„.aw
stock,
the
of
-
Investments in
1941
dividend of 75 cents per share on the
a
-
.
'
International Machine Tool Corp.,. according to C. Russell Feldman,
with 25 cents per share on Jan. 26 and April 26, last.
Payments
1941 were as follows:
Jan. 25 and April 25, 20 cents each; July 25,
40
40
April
-
pares
in
dividend
ferred
common
<
stock, payable July 24 to holders of record July 3.
common
1942
*$27,219
.
■
Investments
profit'
^
*$853 626
t$462,010
providing $2,100,000 for Federal income and excess profits
taxes on the laasis of the Revenue Act of 1941, equivalent after pre-
"
Hayes Industries, Inc.—75-Cent Dividend—
'
Anr30
exclusion
....
Plant, property, equipment, intangibles, etc.
* After
,
*
.
6MosEnd
the
'♦
Assets—
? Hot
current assets of $4,867,875, and
April 30, 1941.
Inventories were,
$687,948,
$1,197,797
$2,532,294 against $2,568,232.—V, 155. p. 1836.
>
•
April 30, 1942, including $598,040 cash,
current liabilities were $1,236,748.
This
—
$193,21$*..
//; v.:/
Consolidated Balance Sheet, Dec.
.
share in 1940. : tAfter Federal income
and excess profits, taxes computed under the applicable existing law;
i
'
•
-:
7
purposes certain adjustments and recla&sifica-.
in
the
1940 accounts as
previously reported,
made
Net
class Batock. an^ to 36 cents-per
■' ! .<•
—......I
'V
■
loss
arising principally from
Telephone Co,
" —,
per
share were made on Jan. 2 and April 1, this year; On July I, last year,
'
: ^ an extra of 12l/2 cents per share was also paid. For record of 1941
deprec., interest, etc.- *t$329,602
*$174,604
*$261,509
$273,740
payments, see—V. 155, p. 263.
- '
* Equivalent to 53 cents per share in 1942, 18 cents per share in 1941
...
'
bn/comhined 359,660 shares-of cia^srA;stock and:'io9,660'shares ojf , " International Machine Tool Cortf.r-Earnings—
v//; v
1942
'
Net
*'4,841,179
company...........;
/// *Loss.
[ /. Note—For comparative,
s
6 Mos. End. Apr. 30—
profit alter taxes,
-Net earnings
-
the common stock, nopar value, both payable July 1 to holders- of *
'•*«.«
ti
directors -on June
The
yiVz
*
a
Mat l/Orp. OIyAmerica-*-JLarningS-—
the Boston
International Cellucotton Products Co.—Special Div.—
,
p.
•
r,
of
manager
J*"aining sch°ol at Endicott.—V..155, p. 1837,
>>rovislon ,or the
n°
as
who was, until his promotion, sales instructor in, the ibm employees'
'
The
succeeded
is
He
127,980,940 127,980,0407
debt
90,157,000
—*
liabilities
Accounts
and
Accounts
payable to, subsidiaries
payable
wages
Installment due
99,200,000-
—1,503,338
4%%
on
.120,799
-
1,493,049
102,075
.
141,867-[
....183,538:
notes
1,200,000
500,000
1,656,772
'
73,067
1,632 842
Reserve for contingencies
62,939,433
.56,255,372
Capital surplus
35,190,331
Interest
on
Accrued
taxes
long-term debt
...
^
Earned,deficit since. Jan; 1, 1936
2,698,626
-V?w7aS:
318,305.693 322,794.930 •
Investment Co# of
:
136980
35,190,331
K' 36,920"
Americst—Propos^d Merger-—.
.
"
See Commonwealth
Securities, Inc., above.—V, 155, p,». 1838.-
-
• -
-
Jefferson Electric Co., Chicago—25-Cent Dividend—
.
The directors have declared
common
June
stock,
17.
This
no
a
dividend of 25 cents per share on the
value/ payable
par
with
compares
50
June
cents
per
30
holders
to
share
paid
last^andin preceding .quarters.—V. A51,.p,^3564.
record
of
March 31,
on
^
„
'
■
/
\-v
,
.
....
.
,
•
r.
Cost
on
.
toit
U41
Consolidated Income Account, lear Ended Nov.
•
Net sales
of sales,
inch-expenses at.idle
plants——-
Selling and administrative expenses
.v.*
•.
,'-<
before
Interest
on
Interest on
.
:
/
—
—
"
;
.
.
bond interest, etc.-
i
^1,444
.
.//
?
$191,930.
is controlled by the corporation itself./The above-mentioned Central
and south American radio stations, belonging as they do to subsidiaries
the corporation, are American owned and controlled and there is
no oomparable system in the Americas.
The telephone development has been progressive. It is also impressive since the corporation owns and controls telephone systems in
Mexico, Cuba, Peru, Chile, Argentina," southern Brazil and Puerto Rico.
which together provide service to about 53% of the 1,400,000 telephones
^
/
$193,375
(net)
i-W
v
Loss
.
.1
loss
Gross
Other income
*
$331,411
397,141
127,645
——————
in the Americas outside of Canada and the United States.
- .The cash position of the corporation was considerably improved by:
prior lien 6%isinking fund gold bonds
-34,048 o the receipt on Jan-.
general mortgage 6%. income, gold bonds——389,370
of the Rumanian
Depreciation, $38,652;
41,102
depletion, $2,449
•-•
-
11
»
»
—
i,
6, 1941, of $13,800,000 as the proceeds of the sale
Telephone Co. Of this amount $4,173,100 was
utilized by the corporation to acquire, by purchase in the market,
$3,879,000 of its-4^% debentures and $5,464,000 of its 5%
• Net
loss
for year--
Common Stock—
The New
■
additional
account,
$10,028,033.
:
$585,216,
sinking fund,
V,
$572, deferred chaiges, $4,287, .tbtal,
':!'■*
.
h.
of such purchases which may be covered by such advances is limited
t0
^ the face. amount of the debentures purchased and the prices
at which the debentures may be
of the Export-Import Bank.
purchased are subject to the approval
As part of
a
complete
program
accruals,
1,
>
•
making
(E.) Kahn's Sons. Go.—Dividend Rate Decreased—
.
A
quarterly dividend of 15 cents per share has been declared on
stock, no par value, payable July .1 to holders of record
19.
This compares with 25 cents per share previously paid, each
quarter.—V. 142, p. 4343.
.
.. v
...
...'
.
-
the
common
June
.
.
•'
.
'$> Kansas Power Co.—Earnings—
>
Period End. March 31—M1942—3 Mos.—1941
Operating
Oper.
expenses
Net
1942,
&
—[
1942—12 Mos.—1941
>
."335,436
taxes
income
&
income
other
v
$105,178
______
deductions
//
/
-
.
/:,/•//••',,82.
$461,736
$488,825
'
55,914
$461,654
$488,600.
" 225
.
$104,574
53,884
$1,749/7951,28$,141
1,372,787
312,617
$104,546
/:/■;/.,
28
$105,087
91
.
$1,861,387
$417,163
$440,523
operating income
(Gross
Int.
revenues
219,353.
.
v
.253,722
which in-
$150,206;..prior, lien .6% sinking fund gold bonds due V
five New York .banks, holders of the corporation's
notes in the!
$569,600; -general mortgage ,6%_ income gold bonds .due .*, aggregate amount of $14,200,000, have, agreed, subject to,arrangements.
May 1,'1952, $6,489,500; accrued interest, on general .mortgage- 6%, - peing concluded, as tp a credit.for .the corporation's.American subsidiary
Income gold bonds, payable on or before May 1,1952, $973,425; payable
manufacturing companies; to reduce the interest rate on the existing
and
: v
,
The
(
Liabilities—Accounts-payable, trade, $11,754; other accounts payable,eludes the above arrangement, the Export-Import Bank and a group of
May
.
York Stock Exchange has authorized the listing of 299,273
of common stock (no par) upon official notice of
shares
.
gripping, at
\ n^y
$91,073,j-fj*®^ assets (net), $8,631,951, pro^rty sale
$100,650;
Corp.^Listing of Additional
upon purchase of the property and assets of the Otis Steel
the total amount applied for to -date 2,490;217 shares.'
Exchange also approved for the continued listing $13,430,000
first mortgage sinking fund 4%%" bonds, series
A, due Jan. 15, 1962,
of Otis Steel Co., to be assumed by the corporation.-—V. 155, p. 2280.
Co.,
Other
$141,054;- inventories,
vestments' (net),,
Steel
issuance
debentures,
—$656,451
thereby reducing, fixed charges on an annual basis by $480,600.
,/ "Exclusive, of depreciation on idle plants and equipment amounting.
.
The Export-Import Bank of Washington, D. C., subject to a right
to $382,404, which has been charged directly , against capital surplus. > . of cancellation or suspension on ten days notice, has recently made a
:■
'
:L'v Consolidated Balance Sheetr^^Nov.' 30/ 1941.
'7 vx//;iir^ commitment to advance up to an aggregate of $25,000,000 against
;
Jones & Laughlin
;
Net
Pref.
.•
/
•;
income
stock
drvktends— /
■?»
7 ■■
\
r
155, p.
-
-
-
•
-29,544
r
■
-*1
$48,660
V: 29,885
$269,472 >.
•
•
.
.
.
191r
-
' *
-
-
/
-
119,199
$20^,014
! 119,540
'
——
-''.4<$21,749f//N-$18,775
;.Balance.
—V.
$51,293
/
$150,273
v
.
.
$88,474
:
.
-
«
.
*
THE COMMERCIAL & FINANCIAL CHRONICLE
2368
Inc.—10-Cent Dividend
Kaufmann Department Stores,
The
directors
the
common
10.
A
declared
have
dividend
a
for Federal taxes on basis of excess profits tax amendment of
1941, the Revenue Act of 1941 not having been passed on May 31, 1941.'
ing
of
10
cents
share
per
on
$1,
par
with 20 cents paid on Jan. 28,
McCrory Stores Corp.—Annual Report—--
>
Y Years End. Dec. 31
after
provision' for
dividends
on
Sales
present outstanding preferred stock, assuming it had been outstanding
during entire period.—V. 155, p. 2185.
Compare V. 155, p. 1214.
this year.
shares
outstanding
450,000
ton
payable July 28 to holders of record July
similar distribution was made on April 28, last, which compares
stock,
Monday, June 22, 1942
-1941
and
Cost
concession)
of
goods
1940
'
>
1939
:
1938
•'
(mdse., restaurant
v
.
$53,013,016 $46,207,993 $43,193,608 $40,068,194
sold
and
•
-
-
-.
<
-
-
-
•
oper, exps., incl. occu-
Levy Brothers Co., Ltd.—10-Cent Dividend—
Kentucky Utilities Co (& Subs.)—Earnings1942—3 Mos.—1941
period End. Mar. 3L-
Operating
Operat. exp. & taxesNet
income
$724,990
$740,381
$3,141,760
Dr599
1,417
$827,547
$739,782
$3,143,177
$3,327,309
386,683
397,068
1,566,877
1,623,047
income
Net
Divs.
$440,864
_
6%
on
of
deducts.—
other
&
pfd
Ky. Util. Co
114,016
__
Balance
—V.
114,016
378,721
$134,017
$232,167
456,066
456,066
94,681-
378,722
•
$741,512
A
stock,
the
the
on
paid
the
regular
series
B-l
certificates
15
June
on
share
per
regular semi-annual of 30
and
Dec.
$32,637,000
were
with
-J
Profit
The
annual
fiscal
the
Fund's
asset
value
Philips Petroleum and Standard Oil of N. J.
Montgomery Ward,
eliminated
Elliott
last
and
Fisher,
six
Tobacco
American
and
months
United
of
-
The
record
18.8%
far
March
Southern
Real
the
Railway
11%
in
asset
industrial
value
against
share
per
1,511,495
935,171
15,231
15,344
$3,846,442
.'
2302.^—V. 155,
2,246,630
$450,538
price
taxes.
of
_
book
over
cost
of
over
5%
over
1942
income
"Real
1941
income
$461,362
(net).
ing
'"'
" '
18,500
par
"
'
$485,008
Net
dedeuctions
223,673
~
S.
John
H.
Towers,
U.S.N.,
chief
the
of
Yy
and
be
to
Bureau of
made
this
in
country
Aeronautics.—V.
recommendation
on
155, p. 2280.
-
of
stock
Gas Light
bonds
Gold
155,
$469,973
.
$2,225,860
treated
Miscellaneous
,
bullion
of
Y
_
:
Deductions from incon)?..;..,.
Surplus
__
common
taxes, lease
directors
B
have
stock,
like amount
was
7J42
declared
payable
disbursed
on
dividend
a
July
15
to
of
holders
this issue
9 Mos. End. Apr. 30^
:
.
v
on
six
of
cents
to
Co.—Earnings—
share
per
record
;
have declared
'
$388,441
2,963,219
share
2,967,417
$0.15
$0.13
'
-
:—:
—
depreciation
-
and depletion, etc.—V.
-
June
on
30
of
(Ky.)
A
:V
;
maintenance,
discount
have
and
si
excess
sh._
extra
an
profits taxes
increase estimated
Means Committee's
$0.51
1942
on
on
1,841,647
$7,015,532
■
759,382
$6,578,}48
$4,859,53a
83,733
96,902
362,396
$7,899,265
*2,024,000
$6,675,050
$5,221,926
;
taxes--
of
*4,983,000
,991,500
810,000
disct.
290,074
*
291,258
'
272,660
281,455
*
987,330
537,209
1,007,987
320,595.
$4,621,788
3,691,128
$5,046,799
$3,809,877
2,768,346
$4,402,895
t4,613,910
$930,660
(&
is
dividend of 25
$0.66
'
y. •,v
*•'/.
•
f
.
V'
Steel
•...
for
of
tax program.
the outline of
$2,278,453
§$211,015
$1,041,532
Jan.
paid
all
interest
of
capital
YYfi,'
-
expendi¬
'
,
•Y
24 Wks End.
Mar.
income
all charges and
after
per
common
share
taxes
;
^
"•
Sundry
profit
———
2,195,605
"After
472,600
$3.04
$3 25
depreciation and provision ($1,923,000 ip 1942) for State and,
and excess profits taxes—V. 155, p. 2185.
' <;•
y y
*
Masonite Corp.—Earnings—
income
and
1941
House
plus an
Ways and
'Net income for 1941 is after provid¬
y
12 Weeks
"Net
—
of
Earnings
"After
June 6, '42
,
$3,856,928
-
profit
Shares
Ended
y
40 Weeks
—
common
per
stk.
510,215
539,210
$0.88
share
depreciation
deductions.—V.
income
155, p. 2008.
and
'
.
-
Ended
534,592
1,297,182
539,210
Ended
539.210
$0.95
profits
763,327
"j
_
A'
1
'*
482,744
—
14,141,850
_______
par—
Note—Of the 56,000 shares of capital
there remain
10,037,853
£>rl,369,560 Drl.369,560'
—
stock,. 136,956 shares at
employees,
'
I
A
30,426
.
$74,721,999
y
...
stock
.
In
shares available for
1,180.085
539.210
and
other
"
r
-
1926 for
sale1
subscription at
*•••
1942—Month—1941
bookings——_
Billings
Unfilled
orders
$1,780,000
1,869,000
•
'
-
'
1942—5 Mos —1941
$1,703,000
$9,741,000
$7 782 000
1,444,000
9,027,000
638I000
at
May 31, 1942, amounted, to
$5,268,000, as against
$4,727,000 at the same time a year previous.—V. 155, p. 1840.
Mexican Light & Power Co., Ltd. (&
A
y
Gross
earn,
Operating
' Y
.
from opers.
expenses
depreciation
Subs.)—Earnings
[Canadian Currency]
Y
Period End. Mar. 31—
1942—Month—1941
$943,719
1942—3 Mos —1941
$713,264
and
$2,875,710
„
..*
630,566
605.272
1,847,731
$313,153
——,—_
$107,992
$1,027,979
$2.05
$2.18
taxes,
A." '• ••
\
$67,896,233';
-
.
reserved
Mertgel Co.—May Bookings Higher—,.
Period Ended May 31—
•
13,673:520
28,480,625"
10,037 854
—Y„—29,411,285
_
8,945,600,
..
13,673,520
,„r„r—_
600 000
338 589-
\ 352!846'V 455,915:
-
616,359
-
—
debt—
.(par $10)—
y
413,319
—_—
surplus
••
.
transfer stamps and coup.
Gross
•
,
May 31, '41 June 6, '42 May,31, '41
$2,812,650 $12,611,850
$8,665,535
excess
930,104
Y- Y *
—_—$2,655,861
$2,151,049
3,927,517
4,098,544
payable within one year
131,250 "
131,250
Jotai
f '
39 Weeks
'
Period—
Sales
11 Weeks
Ended
'
"A Aw
''6'1
<:'After, deprecifttioo and amortization.
l,536,72i
472,600
•
—
26,400,926
_A--Y-_. "A 600,000
1941
1,437,333
—
share
—
Installment
surplus
A
602 549
2,265i300
27,120,613
$55 per share.-—V. 155, p. 639.
$8,876,210
14,685,942
\
''A'
'
payable
stock
•
$6.69
!
352,992
12 955 105'
2,319,440 ?•
—A——--
creditors
Capital
1941
768,083
;
liabilities
Capital
Treas.
>
%
$9,870,090
14,945,907
20,242,872
—
per
would
$74,721,999 $67,896,233.
Earned
1942
-
outstanding
Earnings per common
that
-
-.
:Y
—
Reserves
-
shares
Common
\
,.$3.03
cents
$8,394,978
accounts receivable.—___
charges
Long-term
52 Wks End.;
v
and
assets—.
Mortgage
i
$11,117,337
_
dividend
Y
assets
Reserve for outstng.
Jy
sales
"Net
notes
Bank, loans
?
12 Mos. End. Mar. 31—
Net
of
:
75
obligations-^.-—'
"Liabilities—
155, p. 2185.
McGraw Electric Co.—Earnings—
lieu
^Deficit..
of
-
.
$2,705,000 in
1942
assets
Accrued
$3.04/
-
in
was
1940.
and
dividend
Total
28, '42 Oct. 11, '41
997,080
—____—:
which
1,
1,230,39a
$3.58
,
1941
'
Government
$19,974,431 $30,883,591;
-
March
,,
; 1
1
1940,
22,
on
tlncludes
treasury,
2,768,345.
1,230,396
$4.10 Y/
profits tax in
excess
Goodwill,"tradenames, etc
A A'a •
A -Ay
-;A r.''
and
V--V--y-"1
•
'Y
•
-
Earnings
-r-V.
share
$4.88
S.
Deferred
charges,
flood
'
Co.—Earnings— *'
in
1,230,396
——1.—I—_YlA—-----i.—
"Fixed
for
.
$5.25
the
paid
been
Other
2,845,851
v
appropriation
contractual
rj.'t'';'"•*.*
sales
■
cents per
providing for Federal
the basis of the Revenue Act of
the basis of
shares
current
to
Subs.)—Earnings—
after
—.
Inventories
per
.
41
,
for
1,842,468
(net)—-
Other
'
the
com.
1,889,761
Y 817,245 YY 774,806
901,943
1,230,396
share—$3.75-
per
Customers'
1941
amortization
expense,
U.
declared
with $1
,
per
464,lia
Consolidated Balance Sheet, Jan. 3'1"„
1942
taxes,
deductions
fAfter
etc.
debt
■
1941
31—
1942—Month—1941
1942—12 Mos.
1941
_________,$2,912,653
$1,781,369 $25,816,941 $14,758,293
Net inc. bef. Fed. taxes
982,610
594,113
8,632,064
4,468,762
"Net income
240,764
308,766
2,491,023
2,323,434
Pfd. stock div. require.
10,695
10,695
128,335
128,335
income
.
56,232
tLess
share
$14,663,174 $12,393,653
3,962,239
4,087,325
—__
—
expenses,
sales
inc.
s
462,053
"Including $350,000 for
have
154,
stock, par $10,
Lukens
$316 724
$355
Period Ended May
"Net
'
1939-
-
$
707,157
dividends
$10)
1942.
(& Subs.)—Earns.
.yY::y.-y--,y
expense,
compares
Net
1942
$800,467
Y,
(R. G.) LeTourneau, Inc.
tNet
1940
$
■
971,714
.
—-—r
reserve,
Net
.
(par
Earned
1941
1942
•
Federal income
Net
■■
90,486,593
fixtures, ftc—
and $4,260,131
1941
a dividend of 75 cents per share on the
payable June 25 to holders of record June 16.
share paid on April 20, last, and 75 cents,
on
Jan. 12, 1942.
Payments in 1941 were as follows:
Jan. 11 and
April 14, 75 cents each; June 25, $1, and Sept. 26, $2.—rV. 155, p. 1601.'
common
This
regular quarterly .dividend of like amount on the
common
stock, both payable June 30 to holders of record
June 24
An extra of 15 cents was paid on July
7, 1941, and one of five cents
on
April 4, 1941.—V. 155, p. 2281.
\
'J'
98,411,263
—$10,830,959
amort,
furn.,
Lowell Bleachery, Inc.—75-Cent Dividend—
Jan.
.
share—
1312.
directors
addition
A
.1941
''>
2,200,946
income
&
Accounts
$0 21
_
Lehman Corp.—Extra Dividend of 25 Cents—
The
iV'-'.'i
«
94,247,724
Balance, -surplus—
fCapital shrs. Outstdg.
Y '
amortization
tures, etc.—V. 155, p. 2281, 1922.
-
in
Y
101,725,208
Net profit
$635,481
stock—
profit after charges and taxes
155, p.
sustained
overassess-
_A——_ $10,887,191
Common
in
Period—
—V.
436,349
2,832,297
rehabilitation
Leece-Neville Co.—Earnings—
common
the
~
120,010,641
& exps; on mtge. debt
Net cost of additions to
2095.
<
■
April 30—
operating
amortization
15 and April 15,
last,
compared with 15 cents per share each quarter from
April 15,'l94o!
and including Oct. 15,
1941, and 30 cents per share in preceding
quarters.—V. 155, p. 1312.
per
Int.
15,851,201
income
to
Earnings
V
losses
for
reasons
~
.Pif'
$
amort——
Income
Federal
2,115,758
Y_
revenues
"After
as
Net
as
repairs
&
and
Total
$60,196,895 $58,868,298
$4,627,357
p.
'
rentals,
-
The directors
class
of
operating^ncome—
155, p. 1409.
The
depreciation
tNet
Langendorf United Bakeries, Inc.—Class B Dividend—
the
.
it had
134,916,203 112,954,904 103.905,199
profits
Other
11,663,450
Y $442,891
Months Ended
12
$1,743,341
j
„—____
for
"Net
r__1,107,860
3,000,000 shares
on
Net
r
776,687
—
capital stock—
Operating
32,949
>
$1,735,599
income
Earnings per share
•
that
etc.
—
Deprec.
223,336 ;, y 224,762
—
tAfter reserves.—V. 155,
retirement
—V.
11,581,950
2,518,826
Louisville Gas & Electric Co.
146,201
income
Gross
'
announced
understatement of
cited
1942
K■
*
—
goods sold,
Cash
$1,768^548
from
of
Assets—
___
returns
and
are
*.*/>'
•
;
Maintenance
53,870
—.
—
1192.'
P.
_
Tailing loss
Gross
12
$134,391 and $285,668 in income andand' 1935 paid by McKesson & Robbins,
assets
-
16,573,187
Earnings per common
Ltd.—Earnings—
value of heads
Gross
.
June
on
3,619
Y
profit
Shares
Earnings for the 4 Months Ended April 30, 1942
ore
of
V...Y
$9,800,001}
18,719,290
expenses—
drafts payable—
4,343,547
of
1931
income
j
153,120
:
3,509
;
and
in
I
Cost
$9,800,000
18,719,400
.
taxes
Net sales
A.' 229,318
Revenue
155, p. 2095.
' 63,280
' *
990,253
•
.5,609,328.
Consolidated Income Account for Year* Ended Jan. 81
3,883,411
500,780
< 6,000,000
990,253
4,336,970
•
1,000,000
—___
3 Months Ended March 31—
"Net
3 Mos.'42 9 Mos.'42
Lamaque Goldf Mines
tons of
scrip
Internal
exchange
1
—
_______
of
8,905,974
4,453,714
YYYYAyyY
7% cumulative.
—A
reserve
1940.
"After
Dry
1
investments
Louisiana Land & Exploration
2008.
p.
6,000,000
2
667,950
3,000,000
May' Department Stores Co.^-Annual Report—
38,538,825
6,891,177
—
the
,
.
,
50,000
605,500
3,000.000
-
overassessments
profits
$7,323,688
.
—
———-Y-_
—
"After
in
Y
31—
Profit before depreciation and taxes
—V.
-
,11,200-
.
6,605,351
Overstatement of
ment.—V.
Y
'v
$7,192,157
39,929,748
surplus
Total
Ay Lake Shore Mines, Ltd.—Earnings—
March
stock-—
578,688
.62,450
75,000
,
r_I_A
debentures
1,047,980
>
1,876,500
>
Co.—Listing of Bonds—
.
Ended
fund
preferred
'•
$27,45.7,090 $23,972,415
Bureau
excess
Inc.
on
1
—
Accounts and
,
1,476,139
:
McKesson & Robbins, Inc.—Tax Refund—
The
$1.78
1940
A
$1,406,056
267.413-
stock .(par $1)___;
surplus
determined
:lf871.87t
-
1941
—
Accrued Interest on bonds——
Exchange has authorized the listing of $10,000,000 refunding and extension mortgage 5%
gold bonds dated April 1,
1904, due April 1, 1934, and extended to April 1, 1945, under the
terms of the plan and agreement, dated as of Feb. 15, 1942.—V. 155,
p. 2008,
Period
convertible
1 '
^
$2,428,927
expenses
,v-A;"Ay Yi Y
31
Dec.
;
miscellaneous
dividends
taxes
Accrued
Naval
The New York Stock
v
$1.69
.
Minority stockholders' equity in sub. companies
Earned
Laclede
and
stock
794,591'
.
"After reserve for depreciation
and amortization of $7,020,173 in
1941 and $6,515,062 in 1940.
tLess reserve.-t-V; 155, - p; 2185.': i>y ""'
YAA^-'^
Y'-.,
$60,196,895 $58,868,298
Common
the
Sheet,
receivable
charges
Common
States
Bureau of Aeronautics, on June 13 presented the coveted Navy
burgee to the company's Bartlett Hayward division, the third such
award
Balance
tax notes
stock,
17,208
11,980,207'
824,100
sinking
1,250
•'
1,871,884
$1.69
.
_
notes
receivable
9,836
12,101,263
-
Y
3 %%
Taxes
Navy,
"E"
; L871,'929 ;
Total
AA
United
22,458
.AAA'
___A-
_
Liabilities—
1601.
Admiral
65,000
receivable—
—
Total,—
22,726
'
Treasury
Deferred
$253,268
Koppers Co.—Awarded Navy "E" Burgee—
accounts
Earned surplus Y
.
,
."A
,
_____
Preferred
Rear
"
10,053
—
Notes
2^,740
$280,652
income
—V. 155, p.
and
expenses
15ryear
.
tAccounts
U.
Income
1
21,237
marks, brands, etc.
Cash
42,792
$504,324
j
.
surplus $16,573,187 $15,851,201 $14,885,005 $14,368,399
outstanding
■. Y,
-Y :
;-Yr'Y.. ,.YY.Y,\Y
supplies
44,873
$27,457,090 .$23,972,415
Common
estate, machinery, and fixtures—1;
tobacco, manufactured stock and operat-
Leal
$442,216
42,962
income
Gross
* -
Assets—
Trade
Operating
;Aj:''AAAAYYY'A.AAA
5%
(par $10) „1,871,940
IJarns, per sb. on com.
$1.44
990,086
Y
notes
__A_
Mortgage instalment current-_r^_____—_A--A
Dividends payable
A
Mortgage and purchase .money obligation—Y
loss
com.
15,549
-,
.
construction^—A_YY
Liabilities—
c :
&
5,731,12.9,
(current)__
.
charges
Accrued
67,011
companies stk. purch.
Profit
.
103,173'
for
Accounts payable
Accounts payable,
13,685,860
of".subsidiary
value
$1,432,302
1,159,492
receivable
Total
•
7%
-
1940
1
$5,236,234
10,250,300
accounts
escrow
assets
Deferred
$706,248
14,368,399
w
v
cost
'
1941
par
and
31
securities
held in
"Fixed
2,621,052
$539,331
15,851,201
14,885,005
'' ' 300.00Q AA'A-A-A'
' * •
, '
Consolidated
12 Months Ended March 31-
Funds
$16,601,739 $15,872,438 $14,907,730 $14,392,109
value
Keystone Public Service Co. (& Subs.)—Earnings—
Other
$920,422
—.1
...
Excess
1838.
p.
Dec.
inventory
{Miscellaneous
686,000
686,000
—
bonds
added.
page
Sheet,
990,253
:A$1.48 .'
$1.95
,'
$4,256,042
Merchandise
$4,013,300
686,000 V 686,000
2,246,628
2,621,111
'
Y
?
.
Marketable
14,779
$3,853,050
per
"Chronicle," Thursday, June 18,
Comparative Balance
y,
Assets—
990,253
$2.05
taxes.
931,949
16,828
—_
process,
■
Excess
the
Registers Two Additional Series With SEC—
See
profits
excess
$722,374
990,253
$2.24" "
? Y
$1,074,700
r<«<-
Capital
Shs.
:
1,771,180
Total
.
for the fiscal year ended
average
990,253
share
per
742,690,
$693,196
*
"
outstanding Y_
214,226
£ 1,237,816
$992,258
Cash
704,087
surplus
value
last six months Pan-American Airways and
eliminated and Celanese Corp. and National
were
698,427
—v.
estate—excess
sale
v/-./
of
the
695,852
with $1.05 per share for the previous fiscal
'
Dow-Jones
During
were
cents
the
Refund
Total distributions, from dividends received, were
share for the fiscal year as contrasted with 35 cents for
preceding fiscal year.yA'Ay. ' y...
YY.
:
Acme
60
decline
a
the
31.
V-
$984,778
234,543'
Y
.
$2,231,012
$1,765,064
V 300,000? '
300,000
1,237,816 ;f Y 990,253
common
359,189
168,358
350,000
.,
"
,
provision for Federal income taxes
Previous
share
per
687,242
dividends
Surplus
were
during
$1.35
of
of
'
______
1
$2,332,511
300,000
stock—
_________
shs.
-Stock
$5,664,115
etc.:—__
dividends
Common
Underwood
added
were
Distributions
year.
>,495,384
in
\Ay.,aaavy -v-..: a!'Vv?a A ///•*:<j
annual report of Keystone Custodian Funds series "S-3" stock
year.
fund
Products,
Sterling
B,
Machinery
Shoe
fiscal
the
the fiscal year compare
for
18.8%
with a 17.5% decline in
12-month period. Du Pont,
the
for
com.
$2,522,594
pref. stock—
on
:
fund for the
stock
A—
profit
of
674,223
.___
578,687
"
115,332
on
Balance
82,564
$6,075,628
-
interest
97,500
Divs.
$5,581,551
AY $5,858,418
income
Net
compared
share
per
"S-l"
series
points out the decline of
1942,
average
Net
*435,736
,
699,978
*1,876,500
r
443,316'
Y
*
charges
Earnings
1938
67,639
$2,908,670
694,838'
debenftures_
...
$3,383,168
taxes,
Preferred
Keystone
31,
industrial
30,
April
.•
.
$5,427,745
31,696
$3,432,782
Divs.
67,866,793
497,525
52,599
$3,706,752
1
680,221
amortization
A.yY'.;
73,927,831
15,359
—
—
Minority
ten funds
1942, compared
1941.
the
of
report
ended March
year
Dow-Jones
the
Dec. 31,
on
business
of
5,075,628
52,305
$5,196,572
&
Other
B
Years
1939
72,335,494
(net)—
on
"Includes
,;Y:
1940
$2,876,975
operat'ns
from
tMiscellaneous
the
of
'
.
37,191,219'
$3,380,182
;
Prov. for Fed.-inc." taxes
No.
Calendar
$5,843,059
—
Other income
Federal
assets
total
for
77,509,717
479,911
Depreciation
Profit
reports
close
the
at
$28,379,000
Funds
class
1839.
p.
39,813,426
$3,654,447
Interest
the
on
yyyYYYYY:;.
& ftdm. expense.
gen.
a
April 30., 1942—
Custodian
155,
42,553,546
$5,25i;053
Br54,481
Deprec.
share
per
$83,832,687 $78,908,647 $79,798,892 $73,884,080
sell.,
Interest-———
Total Assets at
Account
1941
,
Cost of goods sold,
and
15, semi-annual of 30 cents.
Keystone
Income
sales
Gross
of
dividend
participation
special of $1 on the series
K-2 certificates of
participation, both to holders of record May 31.
Payments in 1941 on the series B-l certificates were as follows: June
15, 77 cents regular; and Dec. 15, 80 cents regular and special of 50
cents.
During the same year, distributions were made on the series
K-2
certificates as follows:
June
15, semi-annual of 40 cents; and
cents
'•
cents
'Y";'YY';.'''Y
47,761,962
income
Profit
'
semi-annual
of
5
'$\ (P.) Lorillard Co.—Annual Report—
,
company
of
ad-
expenses
sales
Miscell.
$869,474
,
Consolidated
cents
dividend
payable June 30 to holders of record June 20—V.
155, p. 157.
The
extra
an
quarterly dividend of 12% cents per share
and a dividend of 5 cents per share on the
regular
Keystone Custodian Fund, Inc.—Dividends—
77
Net
stock, all payable June 30 to holders of record June 20. An extra of
5 cents was also paid on the class A stock on Dec. 30, last.
u >
;J ; A
The directors also declared an initial quarterly dividend of 25 cents
per share on the $1 convertible cumulative preferred stock, par $10,
stock
94,680
•
class
declared
directors have
the
and
and
gen.
ministrative
common
Lipe-Rollway Corp.—Extra Dividend, Etc.
$1,704,262
$1,576,300
$342,715
pancy,
.-
the
on
"
The
Int.
has been declared
stock, par $1, payable July 1 to holders of record June 15.
This com¬
pares with 30 cents per share paid on Dec. 29, 1941, and 15 cents on
Dec. 27,
1940.—V. 151, p. 3565.
' \
/.
'
4,704
(net)
income
Gross
cents per share
10
$3,322,605
2,556
income
operating
Other
1942—12 Mos.—1941
$2,755,457 $12,732,811 $10,711,683
2,015,076
9,591,051
7,389,078
$3,360,017
2,535,026
revenues
dividend of
A
Net
—V.
earnings
155, p.
2096.
Y: -
-
$2 185 308
'
1,793,987
$391 92i
i
Volume 155
Number 4083
THE COMMERCIAL & FINANCIAL CHRONICLE
be
Merck & Co., Inc.—Vice-President Granted Leave—
payable upon coupon number four and interest at the rate of 13A %
be payable upon coupon number five.
The offer
will
George W. Perkins has been granted
Vice-President
Chemical
V.
155,
and
Treasurer
Warfare
Service,
to
U.
leave of absence as Executive
a
serve
S.
Lieutenant-Colonel
as
stationed
Army,
Upon
the
in
Bankers
Washington.—
at
Mexican Currency
.Calendar Years—
Gross
Car
1941
1940
$2,655,223
$2,355,252
337,936
324,529
76,497
67,054
1940
Micell.
12,068,301
Oper.,
maint.,
taxes
11,760,222/ $2,731,720
deprec.,
break
17,631
36,952
162,955
'
'
-
in Mexico
1,481,186
at
3,238,
and
$221,462
and
ended Dec. 31,
years
March
$38,009,819.
y
■
total,
1941, $10,008,913;
' 'A,1
>
Period End. Mar. 31—
'
revenues,
$392,521-
Other
income
Gross
Int.
>
income'-
operating
(net)
'
•
-
r
•
■
••
••
T
■
'
-
$93,714
"
*
146
____
income
>$94,826'
& other deducts
63,780
'
$31^046'
$32,015
y
$138,322
income after
per
p.
154,
all
"'"'J
See
y
,
T::
1942
.:
taxes—
$197,133
Period End. April 30—
Total revenues
$1,473,847
other
2302.—V.
page
in
Fed.
of
The
$5,944,056
1,137,656
5,167,610
106,049
452,934
r
$4,567,143
,
The
•
4,281,946
'
109,609
of
388,507
$11,284
Dr5,303
Cr20,504
Dr66,543
$51,170
$277,474
income—net_rc-r
;
7,843
.*\
y.'V-ty
29,329
'
and equipment
Int.-being accr. & paid
yy $60,449
after
'
charges..—
$10,591
Equipment (in excess of,
; normal .'depreciation);
480;
18,421
- 480
21,867
,
three
;
$284,456
$55,931
Dr$182,387
have
directors
of
1,
1942
to
the
loan
.
y
declared
accumulations
j
of
$1.50
cumulative
$6
first
share
per
preferred
June
declared
2282.
p.
.
'
,
$1
Sept.
on
quarter
of
this
&
tax
"f,•
_■
'
$86,233 y
65,783
■"* "■■■'■■" »—
the
business
year
M
JII II. in» T—
.
&
other
deducts—
i
$10,832
■)
the
New
•
dividends—
Balance
■
'y.
12,866
y."
Missouri Pacific
; Benjamin
F.
V
$6,165
y
$29,096
tion
Edwards, has resigned
suit
...
■
...
.
.
*
.
8 Months Ended
Net
•Net
share
per
the
•After
y>
'
.
■
99,300
$0.99
i—
——
$0.61
of $184,413 in 1942 and $90,921 in 1941.—V. 154,
2186.-
notice
to
bonds, due July
On
March
District
Trust
of
Co.,
determined
defendant
applicable
years.
6n
23,
holders
1,
1942
Indiana,
trustee,
and
from
the
to
income
income
first
•
Payment—
the
in
declared
an
accumulations
savs:
■
■
*
fund
5%
income
for
plaintiff and
the. amount
that
for
Monon
the
those
..
calendar
of
Coal Co.
the
year$
reserves
1938
respective years, and
:
-.
and
defendant,
created
1939
payable
for
by
were
such
this
on
Dec.
on
1,
-V.
V*% for the
of
.
,
•
,
the estimated
are
end
First
payable
distributions per
Mutual
July
June 30,
stock
per
1942, is also shown:
<
Est. Dist.
:;>/i
series
.31
-.11
■
.
•
«
stock
Fund
series*
.43
••
.54*
•
.29
.02 •; f\-• '
.11
.
-$0.40
>43
<
.06
common
Dist.
$0.31
.12
•.
Annual
3 Quarters
$0.09
•
*_
Total
Paid Last
30, '42
uune
:
Dist.
Quarter End.
>
National
to
series
155,
share of
for the quarter ending
holders of record June 30.
share (last quarter estimated),
Fund
Trust
15,' 1942,
distributions
of
.35
.06
..
.
,08
-06
.
.41
1123.
p.
National Tunnel
issue
last,
as
of
the
increase
average
York
New
seven
of
City
& Mines Co.—New President—
place of Frederick
President,
Sowerwine;
Assistant
Secretary and Assistant Treasurer, S. L. Flickinger; Assistant Secretary
E.
Weed
Laist,
resigned.
J.- O.
696.
p.
Elton;
and
board
F.
William
Wraith.—V.
than
greater
in
the
first
quarter
policies
new
155. p.
increase of-
placed,
com¬
of:
J.
O.
R.
Elton,
Laist,
E.
579.
2"v:; *■'
Halfenreffer,
F.
Sowerwine,
->
p.
O.
'
Clyde
E.
•
,
'iv.-*.s
•»*
.
National Union Radio Corp.—Offers to Stockholders—
In
letter
a
National
dated
Union
stock
May
Radio
67',2
at
desire
to
28,
by
acquire shares of the National Union common
share, less transfer taxes.
Stockholders who
a
this
to holders of the common stock of
Philco Corp. in which the latter oor-,
1942,
Corp.
to
cents
accept
Corp. at
1411.
147,
V;..v. •/•
poration has offered
in
O.
E.
Warburton.
Rom
Frederick
III,
unchanged—Vice
are
Treasurer,
consists
directors
in
President
officers
and
Treasurer,
of
elected
other
-The
Haffenreffer,
Weed,
been
Secretary
Assistant
The
has
45.6%,-over
13
Dec.
on
of
12'/2
holders of
to
paid
16,
cents
18, last,
and. 25 cents
1940,
share
per
record June
Dec.
on
29.
offer
should
their
deliver
certificates to Philoo
Newark, N. J., on or
the office of Fidelity
Union Trust Co.,
July 31, 1942.—V. 151, p. 1581.
cents
on
July
(The)
on
This
25
12, V
•*-
year 1938
Convention 3,nd Academy
Nazareth
(Kansas)'
—Bonds Called—
on
All of
the outstanding first mortgage serial bonds dated
July 1, 1941,
have been called for redemption as of July 1, 1942, at 100 and interest.
will be made at The Trust Co. of Chicago, Chicago, 111.
;
v
>%./ >■■■•' ■
Payment
which
New Britain Machine Co.—Extra Dividend—
Co.- -Networks Win Court Re-
_
The. directors have declared
.
proposed rules of the Federal Communica¬
would
restrict
high court
on
radio
network
operations.
appeal by the National Broad¬
an
Columbia
actual
Court
validity
establish
to
of
the
in
addition
in
case
the
time
its
rules
of
intended
were
their
j
affiliated
curb
to
were
paid
will
the
on
30,
share
$1,
dates in
same
and
also
was
Oct.
1,
disbursed
50
1941,
stations
and
rights
prevent
Broadcasting
Government.
competing
Justice
with
proposed
rules
delivered
in
the
would
action
be
of
the
on
Stone
Owen
have
declared
of
record
.March
June
15.
last,
31,
as
A
similar
compared
preceding quarters.—V. 155,
Gas
feet,
majority
of
dividend
$1.25
opinion,
output
share
July
on
the
1.—V.
•V.V-
-V
have
distribution
made
was
with
this
on
>
p.
stock,
,*
«•
•
on
each
in
..
.
,.
The
initial
an
payable
180.
'
•
"
dividend
July
15
*.
.
to
of
25
,
,
the
6%
the
$2
on?.
The
of
,
of
,
record
~
'
•
•
.
made
Otherwise
sion
in
the
be
exchange
would have
The
"death
also
authorized
extended
expired
for
60
offer as
as
that
the
days
from
previously
of June 15.
•-
time
the
in
which
date
extended
by
of
1.40%
or
95,972,000
above
cubic
production
the corresponding
week a year ago.—V. 155,
>;;%■
June
on
stock
preferred
11
declared
and
stock,
a
a
dividend
five
preceding
the
on
6%
50
and
of
$1
per
share
on-
cents
33 V3
of
per
share
on
accumulations, both payable
Like amounts were paid in each
Previously,
quarters.
preferred
V.\V.
paid.,
dividend
of
account
on
cents
on
quarterly dividends of
the $2 preferred stock,
: :v.'.
,
:
.■
\
•
Total
production
in
kilowatt-hours,
both
generated
and
purchased,-
and
other
Output
kwh.,
June
for
14,
the
of
2283.
p.
companies
and
sales
secondary
as
compared with 55,629,686
1941, an increase of 4.25%. -
preceding
increase
an
155,
reporting
57,993,957
was
ended
week
5.01%
over
ended
the
June
6,
1942,
to
kwh.
was
other
for
the
,Aj
57,576,261
corresponding week last
year.—.
.
,
New Hampshire Fire Insurance Co.—Dividend
The
Uniform
Securities
of
the
share,
<•
of
It
above
Inc.,
July
to
1
Committee
District
Uniform
of
the
Practice
National
a
shall
be
of
the directors
regular dividend of 40 cents a
June
13.
"accordingly, under Section
Code, transactions in
June 11, 1942,
agreed at the time of contract."—V. 154, p. 1381.
stock
capital
Ruling
Association
13, announces that
holders of record
further announced that
National
No.
have declared
company
payable
was
the
Practice
Dealers,
5
(a)
(2)
this company's
unless
ex-dividend
otherwise
\
exchanges
the
order;-.
the Commis¬
provisions of the Utility Holding Company Act.
New
Gas
•
exchange offer is part of the plan for the dissolution of National
under an integration order of the Commission pursuant to the
sentence"
feet,
year
:V
reported .at
is
3.29%
a
■
,
of New England Power Association and subsidiaries for the week ended
June 13, 1942 (the amount Available for Now England Power Associa¬
J
,0..V:..'.:'.
15
scope.
Commission
cubic
:
.
for common stock of Houston Lighting & Power Co.
exchange offer approved by the Commission on Dec. 24, 1941.
contemplates the setting up of a dealer organization
will include 200 to 300 registered security dealers and will be
be
electric output
reports
Output Up 4.25%—
V.
'V
an
The
can
week
12
1,323,000
of
preferred
the
were
per
program
nation-wide
June
July 1 to holders of record June 20.
Exchange Program
Approved by SEC—
June
*
f\
National Power & Light Co.—New
cents
holders
". ,'
Association—Output—
this Association
England Power Association—Preferred Divs.—
directors
utilities),
Stores Corp.—Initial Div.—
&
•vv-'v'V*r
SEC
the
per
the
on
issue
dividends of $1.75
regular
1216.
•
declared
common
154,
for
increase
in
;
share
per
$1
This
"
an
tion
directors
kwh.
p. 2283.
J.
a
p.
June 12,
ended
of
1216.
assistance
Hugo Li Black did not participate.—V. 155, p. 1313.
directors
week
\
New
the
20,
is an increase of 351,723 kwh., or
above production of 10,688,403 kwh. for the corresponding week
chains.
F.
Justices
the
11,040,126
of 94,649,000 cubic feet in
intervened
System
The
the other
Harlan
tof
of
monopo-
share
March 31, 50 cents;
follows:
as
A year-end dividend
last year.—V. 155, p.
cents.
Dec.
on
New England Gas & Electric
For
ago.:
exclusive
cents per
common
June
regulations.
present status.
dividend of 50
extra
an
to the regular quarterly
dividend of 50 cents per share on,
stock, both payable June 30 to holders of record June 22..
Like amounts were paid on March 31, last.
In adidtion to the regular
quarterly payments of 50 cents per share, the following extra dividends
the
special three-
a
proposed
National Caskot Co., Inc.—$1.25 Preferred Dividend—.
Power
■
25, 1942, interest at the rate of 1
was
or
hearing not later than June 25.—
a
>
Low-priced
.
$1.50
•
which
•
-
.
acquire such bonds directly from
series
Clyde
dividend
a
share
per
to review
the
Associate
Justice
under
sinking
mortgage
Co,
in 1930 purchases
negotiated through the firm
beginning
been
-
Securities Series—
Preferred
$4
approved the application of company to retain
the services of three large investment houses to facilitate exchanges of
the District Court of the U. S. for the Southern
Indianapolis Division, in a suit wherein Bankers
was
decreed
-
June
1935,
of
have
ask for
may
First Mutual Trust
*
Mutual
The
*
■
Monon Coal Co.—Interest
A
that
states
all rights to
1
amount
Income
its preferred stock
,
County Railway & Light
;/'/,;• "> ; ,V
v'
Low-priced bond series.*.*.
,
Roberts, Frank Murphy, James F..
Byrnes and Robert H. Jackson concurred.
Associate Justices Stanley F.
Reed, Felix Frankfurter and William O. Douglas dissented.
Associate
e?
1941 -y
$816,618
60.615
1942
y
$1,433,462
share——————
per
tax charges
parlies
year ending
Bond
•
devoted
on
agencies report average
National Manufacture
Co.—Earnings—
'
.
of the SEC of
,
Series
National
30.7%
practices.
Chief
...
------
income
Earnings
p,
April 30—
sales..-
to
<
•
the order
Lancaster
:7V
and
determine
to
The
Modern Collet & Machine
retain
and
collateral trust mortgage gold
50-year 5%
of
bonds
reserves
1942,
total
for
week
.
to
exchange,
* '
compliance with
National
trust
following
30,
The
"
City
to the
said
of
it
to
■
has. been declared on the common
stock, par $25, payable June 30 to holders of record June 13.
This
compares with $1 paid on Dec. 15, last, and 50 cents on June 30, 1941.
—V, 152, p. 4130.
desire
not
the
in
~iJ:\
■
holders.
June
$7 cumulative preferred stock, no par value, payable June 30 to holders
cents per. share
of 25
$2
also made
year
York Federal District
to
FCC
The
side
'
Missouri Portland Cement Co.r-25-Cent Dividend—
dividend
>
.
Alstyne, Noel & Co.
National now proposes to acquire all
portion of the bonds outstanding through the same method
.
bank loans,'
York
cents
the
chains
The
A
and
consider
to
listic
-y'y
....
..
came
Co.
The
individual trustee under the
as
collateral
The
'
363.
p.
application
Securities
in
.
Supreme Court, by & 5-to-3 vote, June 1, ordered a Fed¬
court
radio
RR.—Resignation of Trustee-—
qualified.—V. 155, p. 2282.
.
brought the suit in New York, seeking a ruling that the
regulations were invalid, but the district court held it had no jurisdic¬
$22,779-
'.",:.y; : '>
-
than
National Securities & Research Corp.—Estimated Divs.
each,
maturities
'
current
pay
of
all
153,
59.2%
payable July
30
Commission
The
judge
general mortgage and first and refunding mortgage, both dated Aprily.
2, 1917, such resignation to take effect on June 30, 1942, or as soon
thereafter
as
his
successor
shall
have
been
appointed
and have
/
to
which
The networks
12,866
.
U. S.
which
*
larger
■
same month a yeat ago.—V.
with
Southern New
$75,144
$41,962
$7,615
received
,.'
public.
■
$35,645
$9,381
>>,
securities
the
155, p. 2186..
mature
Broadcasting System.
They contended
that the rules, if put into effect by the FCC, would disrupt their
organizations.
' ", .
'
-The high court did not rule on merits of the rules, but ordered the
39,499
3,217;y : >> 3,217
7y
———
—V. 105, p. 2009. '.
/
two
of
Will
written
business
new
directors have
casting
>
,
stock
Pref.
four
$1,200,000
notes
"
capital stock,
The
$74,965.
'179
39,729
rather
sell
■
■1 —' »
$81,691
9,911
9,669
Net income
of
this
National Broadcasting
)
$261,917186,953
$81,374 ;
317
$19,292
$20,501
-—-—
such
to
step toward
acquisition, but
-
on
;
$298,615
217,241
to
value, payable June 29 to holders
par
showed
was
15, 1941, 50 cents
1940.—V. 155, P. 2282.
.
] Net operating Income' $20,451 :
$18,870
income
' * ;,
51.
322
vGross income
the
its
any
152,
•
Navy "E"—
.
July
stock,
1942—12 Mos.—1941
$70,797
51,926
■
of
July 1, 1951,
by National.
Interested
of
The
'
used
care
1941.—V.
company
this
March,
compares
*
1942—3 Mos.—1941
__.;>>
revenues
exp.
r
Other
Int.
150,000
V.
notes,
two
2%.
dividend
a
takes
2,
new
...
in
tions
Missouri Edison Co.-^Earnings-^
Period End. Mar. 31—
oper.
and
of
with
be
A stock, no
This
19.
months
The
'
Total
1948,
will
yiew of FCC Rules—
quarter.—V. 155,
wish
National Aviation Corp.—Smaller Dividend—
'181,975
dividend
a
the
on
stock
preferred
exchanging stockholders who do
due
before
>
.
' f
45,643
-
have
eral District Court
Operating
promissory
„
made each
;
with
preferred.—V.
.
each
rate
:
payable Aug.- 1 to holders of record July 15. A like amount has been
paid each quarter since and including Aug. 1, 1941, while from Nov. 1,
1939,- to and including May 1, 1941, distributions of $2 per share were
;
six
on
$150,000
annual
.
pared with the
Mississippi Power & Light Co.-—Accumulated Divi—
The
the
Line, Inc.—$2 Accumulated Dividend—
Of 1941.
22%
*
account
of
common
corresponding period a year ago, it was recently announced by
Roger Hull, Vice-President and manager of agencies. "
number of new policies placed by the seven agencies in the first
J.
interest being Accrued and not paid, as reflected;
corporate books.—V. 155, p. 2096.
$
y, - rf
r
of
stockholders
certain
and including June 1, 1942.
"
distribution of $2 per share was
,
'■
of
conversion
shares
'
managers
the
tDoes. not include
-
May
1948.
agencies
i •Includes amortization of ^ defense projects:
on
for
85,000
-
of
the
at
directors
For
Net
account
and
1
amount
on
First
Dr$163,485
$306,803
120
4,398
,
National
stock
further
a
In
The
120
4,861
'
from
amount
such
assumed
R.
J.'
'
*
„
of
the $330,000 of non-callable
Mutual Life Insurance Co. of New York-—New Busi¬
Increases—
-
road
participation
retain Smith,
1941, under Section 11 (B) (2) of the Holding Company Act
requiring the dissolution of the company, National has filed an appli¬
cation with the SEC in which it proposes to acquire all or
any part of
Registra-
ness.
36,142
ammm
•*
leased
'
'
preferred
Dr46,453
..
$15,572
fFixed charges:
for
9,279
*
,
income
-Rent
the
against
£>r$199,627
inc.
oper.
dealer
Applies to Acquire Bonds—
f
As
to
Dr49,865
$7,729
railway
v'P."
the
•
interest
record
up
Dr$103,309
$323,513
y Drll,334
V Total
"
$67,806
Cr7,873
J-V
j
the
reserved
cumulative preferred
'
*
for
contemplates (hat National will
program
Aug. 23,
v:-o>;.■
Drll,428
Other
for
.
Munson
1942—4 Mos.—1941
equipment-^—
■*'Net
;
Navy "E" has been awarded to this corporation in recognition
outstanding record in its production of war materials.
of the
facility rents—
Joint
increase
an
It is expected that by July 1 the
plant will be virtually 100'%
to war work.—V. 155, p.-1922."
'
'
. ,
.
;
Net after taxe3
.
made
common
and
A
Hire
of
of
Motor Wheel Corp.—Gets
155, p. 54. ~
$1,311,511
1,352,954
than
J
stock
re-offer
the
4.18% over the output in the correspond¬
year,"—V. 155, p. 1922.;-Y4&y;;Vy
or
war.
been
were
and
to facilitate the exchange
the three months ended March 31
1,303,818,000 cubic feet,
has
generally
securities
organizations and
the entire
reflects
also
of
Van
be
to
Proceedsr from
'
income
ferred
'•
-
scale,
launched
was
investment group
an
—
1942—Month—1941
.
•Total expense
Taxes,
-
(Excluding-Wisconsin Central Ry.)
■:
■
1,266,484,290 kwh., an in¬
output in the correspond¬
large
a
exchange offer
period when prices
amended program providing
approved by the Commission.
holders
own
of
Offering
3191..'-
Mfg. Co.—rRegisters With SEC-r-
"Chronicle," Thursday, June 18,
t
feet,
to
to
over
according to data filed with the SEC.—V. 155,
,
.
the
intend to use their best efforts through
through members of the dealer group, to
find buyers for such stock who would be
willing to exchange.
;;
Likewise, the dealer managers propose to purchase, for their own
account and risk, Houston common stock and National's
stamped pre¬
their
the
$0.20
>..
1942,
of
outstanding.
the
a
exchange, the dealer
of
par).
1947
$201,479
—$0.20
share.
/
•
-
Where
all-time
an
inc.- -Withdraws
annually
MinneapolisSLPaut'&: Sault StO; IVIarie R
;;
reached
The company made arrangements on
April 24 with the Bankers Trust;
Co. for a loan of
1941
25,
21.85%
or
,
*,%
bearing
#
charges and
common
247.
Miller Tool &
•
amounted
year
$3,000,000
Quarter End. Mar. 31— '
May
on
program, propose to organize and manage a group of registered security dealers,
approximately 200 to 300 in number and nation¬
wide in scope.
■
' •
;
\
•
the
-$152,066.'
business
under the
256,718256,643
.
of
& Co., and Blyth & Co., Inc., as dealer
to develop and handle the details of the plant to facilitate
exchanges under the offer.
The dealer managers, as their initial step
bonds,
were
$408,708
v
has
year
amounted
year
output figures for
52,323,000 cubic
were
Earnings
the
current
shares
Midwest Oil Co.—Earnings—
—V.
current
the
p.
-^V. 155, p. 2282.
Net
the
demand:
close
managers
the
(John) Morrell & Co.—$3,000,000 Loan—
Net income
•
the
The
been
amended
($1
-•
2,844
$395,040
^4,217
of
31
the
Barney & Co., Lazard Freres
expansion
territory,
that
during
enlist the services of
The company has withdrawn its
registration statement filed with the
on
March 29, 1941, covering 30,000 shares of $5 cumulative
con-:
vertible
preferred stock
<$100 par)
and
235,000 shares of common
1,104,784
4,620
canal
Montreal
SEC
$390,420 *' $405,864
$96,231
of
quarter
ing period of the first
;
•
; $96,085
1,113
*
1,202,169
"involves further
of
way
the
of 8,000,000 yards of earth and rock
at Ooteau,
the latter two new sub¬
capacity of 120,000 kw/'
y
announces; that
electricity
production
by
the
first
of
$1,510,648
;
to
dam
tion—
1942—12 Mos.—1941
273,175
-
the
of
;
$1,592,590
$369,260
-396,807
•-
t
'Net
;
y : 1942—3 Mos.—1941
....
Operat. exp. & tBxes___ -'
the
out
on
program.
hasa now
all of which
excavation
control
Moor
Michigan Gas & Electric Co.—Earnings—
Operating
of
420.
p.
practically
Mr. Norris,
in
<
war
.
adjustments,.$10,134,421; .total, $38,009,819.—V. 151,
year," says
facilities in
crease of 963,966,830
kwh., or 31.38%
ing period of the first war year.
"Gas output, although not on such
-
Liabilities—Capital stock. ($100 par), $26,531,200; funded debt, $885,- ;
984; current liabilities, $329,992; deferred liabilities, $128,222; reserve
fOr depreciation,
amortization of franchises and other assets, after /
various
$13,000,000,
sub-stations
new
also
for
At
declining, and the uncertainties engendered by the war and tax pros¬
pects were great, National recently filed an amendment to the program
The
current
and
Morris
stock.
shares of National's preferred stock,
the amount
of
Pointing
carried
high level, to meet increased wartime requirements, y'\-v.
"As an indication of the demand for
electricity for war purposes,"
the statement says, "the
system output for the three months ended
Assets—Capital account, $26,774,914; inventory of stores, incl. con¬
material, $297,667; current assets, $541,739; deferred charges
debit balances,
$51,425; Mexican government, (claim receivable in
annual
installments, $257,201, net amount of other debts, $77,958),
17
21.94%
In¬
combined ultimate
a
total of 61,118
a
record
struction
loss for the
paid.
; ./..y.
distribution
additional
company
(Canadian Currency)
and
$335,161;
be
recent statement to stockholders said:
a
upwards of
the
consisting
an
Mr.
$335,394
to
for
Beauharnois
r
1,120,399
Consolidated Balance Sheet, Dec. 31, 1941
President, in
purposes.
stations of
Net deficit from oper.
will
same
proposed by National to its preferred stockholders was to
shares of Houston common stock for each share of
two
preferred
outstanding, had been tendered for exchange, with a resultant
disposition by • National of 109,712 shares of Houston common, or
war
work
former
;
the
generation
2,640,530
3,030,162
war
for
"The
,
12,862,990
of
!
connection
strikes
the
City,
"As
$2,422,306
,
-13,386,532-
,
Expenses in
Y<
is spending
is
'Total
N.
exchange
National
to
coupons
a further
contribution to Canada's war program, this company
this year more than $4,000,000 for property additions and
improvements.
This will bring
capital expenditures since the out¬
'■
>'>
earnings
Wall St.,
numbered
amount
John S. Norris,
11,435,693
1941
16
said
of
Light Heat & Power Consolidated—To
Facilities—First Quarter Output Up—
crease
Canadian Currency
11,730,365
earnings:.
earnings
Co.,
surrender
Montreal
Mexico Tramways Co.—Annual Report—
•
Trust
and
—V. 155, p. 1215.
1680.
p.
presentation
2369
/
Mexico Eastern
sales
$978,146
in
Operating
tion,
for
the
1940,
an
year
Gas Co.—Annual Report—
1941
totaled
$1,026,652
as
depletion
and
compared
increase of $48,506.
exclusive of taxes and provisions for
expenses,
retirements,
totaled
$529,858
as
with
deprecia¬
compared with
THE COMMERCIAL & FINANCIAL CHRONICLE
2370
$469,510
in
is
crease
1940,
occasioned by increased
attributable to generally
purchases
is
increase
labor.
and
before provisions for depreciation, depletion
$493,881 in 1941 as compared with $520,371 in
1940, a decrease of $26,490.
Provisions
for
depreciation,
depletion
and
retirements
in
1941 $
amounted to $93,335 as compared with $90,868 in 1940, an increase r;'Net
and
of
1941
for
taxes
$178,016
were
$162,296
with
compared
as
increase of
an
Net
1940,
Lease
Assets—Fixed
assets,
stock
common
of
cumulative
(254,920
shares,
Int.
Liabilities—Bank
497
605
3,353
$170,827
$666,176
deductions
77,069
81,211
310,604
362,725
—.—.—
$99,367
$89,616
$355,571
69,131
272,741
276,529
$31,531
$20,485
$82,830
.
(net)
—
Balance
——
construction,
credits,
deferred
$628;
$917;
surplus,
earned
The
that
and
1940
1941
$60,637
Ended Dec. 31—
Total: income
income
,
.
$27,422
amounted
comparing
with
to
$0.58
-
last,
revenue
deductions
$3,332,968
and
of
S.
J
1941
—
—
;_L.
treasury securities (at cost)
investments
Miscellaneous
$389,149
500,235
;
sale
624
61,897 !
13,123 /
736
assets
Current
Land
1940
$388,101
528,701
'
'
•
(906,964 Acres)
69,528
contracts-,-.--
8,545
—_
Total
$995,611
Liabilities—
'
'
Capital.;Stock
Current liabilities
Deferred
$1,000,000
.
~
„
$1,000,000
19,520
24,650
15,885
75,507
-—
credits
20,699
—
Profit jfind loss, deficit—
'Total'
44,609
'I
$965,028
$995,611
—V. 152, p. 4131.
income
Gross
tBalance of
ICC
June
issued
12
certificate
a
permitting
Other taxes
New York Title & Mortgage Co.—Distribution—
first
B-K
made
June
on
amounting
30,
1942,
to
$247,989.79,
to
$98,669.68.
certificates,
mortgage
Series
%
of
1%
holders
of
nally covered 170 mortgages and
amounting
principal
24V2%
to
interest,
to
principal,
6%%
has filed a petition in the U. S.„ Circuit Court of
Appeals asking for a review of an order issued against it by the SEC
the
"death
action
appeal
sentence"
provision
of the Holding
stockholders
that
so
break-up
Commission's
President,
Shea,
taken
was
the
would
of
order
Company Act.
the
lose
not
April
right
Edward
14,
its
The company had 60 days from the date of
appeal, and June 13 would have been the deadline for
the
orders
American
North
gave
dispose of all its utility investments and
erties ^ of the
one
which
in
year
method
be
Co.—Earnings—
l$5,
Income
directors
share
This
June .24.
and
June
on
the
on
16
capital
declared
stock,
compares -with 17 Mr
12V» cents
July 1,; 1941
on
interim
an
payable
July
-V.
1,407
to
of
holders
$4,449,905
1,961,967
.i—
p.
1,993,651
$2,382,656
deductions
155,
$2,456,254
cents paid on Dec.
revenues
—
1942—3 Mos
-Earnings
16, last year,,
operating
income
Other
$1,060,832
(net)
11,369
12,748
$1,073,580
.
Interest and mother deductions............
income
827,816
Statement of Income
950,036
$168,836
__
$123,544
;
.
—
[Company Only]
3 Mos. End. Mar. 31—
Interest
154, p
4,032
$36,172
payable
462
852
$33,831
$35,320
1415.
Northern RR. of New Jersey
•
5,845
—
notes
on
$40,204
$34,293
___
income
Net
—Y,
taxes
income
Gross
1941
$40,138
—
Total expenses and
«'
"1942
income;
Total
3,065,624
$996,652
....
income
Gross
Net
1941
$4,126,456
income
Reorganization Ap¬
—
provedFederal
Judge Wlll'am F.
reorganization
plan
and
Reeve,
nature
-
an
The
S.
for
the
comoany
counsel
order putting
Smith
for
and
on
June
16
$374,395
instructed
trustees,
to
Conover
draw
up
for
English
his
sig¬
1,060,421
on
1942,-
$1.50
per
a
share on the first
like amount has been
has
leaving
increased
a
working capital
the past
17
is
due
require
making
number of these
net
during
inventory
a
greater
and
taxes.
income
$105,280
$112,353
$405,659
$428,762
167
DrlO
374
168
income
—
pictures
are
licensed
for
exhibition.
effect
The
of
the amount of the film inventory to be carried cannot
1941
the
redeemed
company
March
due
the
balance
the 3'/4%
of
and
other
for
an
1,
1947
th6 balance of
amounting
to
its 3V«%*
$1,336,300.
of these obligations which were-not
exchange offer made last year whereby-
debentures
obligations
equal
an
converted
the
1941
at
cost
a
last
off
paid
924,628
:;
the holders of
and
certain
corpo¬
were
amount of
call
were
second, preferred
at $10.06 per share.
shares of its first preferred
redeemed
acquired 7,800
of $770,228.
year
in
the
on
company
the
company's wholly
their
full
sterling
owned subsidiaries in England
obligations amounting to
made with lunds
remittable to New
.
mortgage
approximately $1,650,000.
These
payments were
which, because of currency restrictions, were not
York.
;
.
v
the company borrowed from lour banks an
unsecured notes, repayable over five years
$428,930
$406,033
$112,343
$105,446
Gross
income
with interest at 2%%
per annum.
This was deemed advisable due to
280,185
271,639
-69,504
<67,176
Int. and other deducts.
the substantial expenditures which had been made during
the past
year for
additional film inventory, expansion of existing Hollywood
Net income
$38,270
$42,838
$134,394
$148,745
studio facilities to an enlarged and permanent basis; the redemption
—V. 154, p. 1495, 248.
of
3'/»%
convertible
debentures,
the acquisition of '4%
debentures
due
1956 for sinking fund purposes and for loans of approximately
Old Ben Coat Corp.—Ruling on Bonds and Stocks—
$950,000 to wholly owned subsidiaries in 1942 to prepay guaranteed
note obligations.
The National Uniform Practice Committee of the NASD announces:
The company has also called for redemption at par
on July
We
are
informed that the first
mortgage 6s, due 1948, and the
1, 1942 $382,000 of 5% first mortgage bonds due July 1, 1943
on
a
theatre property owned by the company in San Francisco.
common
stock (no par) were originally issued in 1933 pursuant to a
The earnings of the company and its consolidated
subsidiaries for
plan of reorganization whereby holders of the original issue received
the first quarter 1942 were $2,915,000 which includes $544,000 share
for
each
$1,000 principal
value thereof $1,000 first mortgage 6%
of
undistributed
net
annual interest bonds, due 1948, and 14 shares common stock (no par),
earnings
of
partially owned non-consolidated
We
are
further
informed
that the bonds continue to be quoted
companies and
$130,000 of non-recurring income.
These earnings'
include only those subsidiaries- which have operations in the western
"with stock," notwithstanding that the two securities are separate and
distinct Instruments.
hemisphere; the operations of all other foreign subsidiaries (including
those operating in England, Australia, New Zealand and India)
In
accordance with
the policy of the National Uniform Practice
and
the company's share of current film rentals therefrom are included
Committee, these securities should be quoted and dealt in separately.
—V. 155, p. 829.
only to the extent received or determined to be receivable in dollars.
"
Earnings for the first quarter of 1941 were $2,475,000 which includes
$650,000
share
of
undistributed
net
earnings
of
partially
owned
Old Dominion Power Co. {& Sub.)—Earnings—
companies and also included the operations of and the company's full
1942—12 Mos.—1941
1942—3 Mos,—1941 /
Period End. Mar. 31—
share of
film
rentals from subsidiaries operating in England, Aus¬
$878,252
$292,517
$1,090,197
$230,220
tralia, New Zealand and India.
Operating revenues —
685,296
178,300
-895,030.
246,693
So far this year the net income from our business is running ahead
Oper. exp. and taxes__
of last year after-providing for higher estimated
probable Federal
$192,955 / taxes and despite the loss of additional markets due to the spread,
$195,167
$51,921
Net1 operating income
$45,825
68y
Other income
Br4-.v :v
of the war to the Far East.
Domestic business has finally responded
During
aggregate
incurred
will
to
/
$45,825
40,023
Gross "income
Int.
deducts.—
&. other
.
i
$193,023
$195,163.:
$51,921
161,258
40,926
..
1942
January,
of
$6,000,000
on
/, of
during
receive
Erie
the increased
last
has
Net
—V.
income
154,
p.
:
$33,905
$10,995
$5,802
—
-
year.
payrolls of the country and grosses are running ahead
Stockholders
have-inquired
163,221- rationing and at this early date it
the plan ito effect,
reorganization provides for transfer of all Northern New Jersey
and directs the Erie to pay all taxes and
expenses
bondholders
the
in connection with
not
.Late
$1,353,390
$1,466,080
262,042
approved the
properties to the Erie RR.
other
1,
,
District
Irving
paid
—
1942
$4,471,132
3,485,850
31—
-
in
debentures
securities
stock
1942—12 Mos.—1941
1941
$395,566
operating
Net
Other
(see V. 154, p. 1150)y. 155, p. 2187.
Total operating expenses and taxes
Net
12,
notes
During
290,286
exps.
cents
$985,282
Months Ended March
3
Operating revenues
was
July
plification of the debt structure of the company.
On Feb. 3, 1942 the remaining 51,11J) shares of
2187.
Period Ended March 31-
record
12 Vz
of
share
payable
a
given the right to exchange '
4% debentures due 1956.
As
a
result of the exchange offer $18,843,700 principal
amount of 4%
debentures due 1956 have been issued to date.
At the present time
the company holds in its treasury for sinking fund purposes $1,270,000
principal
amount of
these debentures,
leaving
outstanding in the.
hands of the public $17,573,700.
The advantages to the companv of
this refinancing were the elimination of the. 3'A%
convertible deben¬
tures due March 1.
1947, and the extension, consolidation and sim¬
601
$4,344,623
income
Operating
North West Utilities Co. (& Subs.)—Earnings—
;
Dec.
these
$4,449,304
$4,343,217
—
Oklahoma Power & Water Co.
to
p. 2097.
dividend
1
of
April 1, 1942 and
on
inventory
carry
represented
rate
North Central Texas Oil Co., Inc.—12 Vz -Cent Dividend
The
cents
declared
regular dividend basis of 25 cents
this time.
at
holders
the
$14,634,165 $13,838,844
deductions—;———
10,290,949 •. .9,389,540.
;
income
Net
Oper.
per
dividend
paid
Film
which
by
forecast
converted
1941
1942
Apr. 30
operating income
Gross
except the main prop¬
assets,
Union Electric Co. of Missouri.—V.
regular
25
was
a
on
to
necessary
stock
SEC
of
amount
1941
productions.
A new plan is now being proposed by various sections
the industry, which if approved by all the parties concerned, in¬
cluding the Government agencies, will require further changes in the
On
Other income
possible legal redress.
In
it
$1,627,058
$996,757
Oklahoma Oas & Electric
Year End.
Operating revenues
L.
said.
order in which to
19,757.
8,590
t, above.—V. 155, p. 923.
♦See note
Net
Nor th American Co.—Asks Review of SEC Order—
The-, company
The
;
income
Operating: revenue
$855,137.23.—V. 155, p. 2283.
under
>
earnings
year
approximately
$9,000,000.
This
large
increase
principally to the provisions of the Consent Decree which
trade showings before the release of feature pictures, thereby
This
and
dividend
stock on
the
for
by
convertible
$3,147,547.52,
undistributed
of
subsidiaries
and current liabilities of $11,108,624,
Man¬
or
share
and
like
a
was
these changes on
of
"Balance
and Bronx.
With the forthcoming distribution, the total dis¬
tributions made by the trustees since their appointmen in March, 1936,
amoun
B
common
$29,165,264.
months
$3,512,831,' $4,178,305
2,516,074
2,551,247
*
deductions
Income
hattan
will
and
payable
origi¬
issue,
>;
to
155, p. 2187.
stock
common
1942
which
mortgage
1
the
July 1, 1942.
On Jan. 3, 1942 the corporation's consolidated balance sheet shows
cash of $12,101,572 with total current and working assets of $40,273,-
111,072.
,,
A
1,
declared
to
interest
2%
—
——
>
quarterly dividend of $1.40
regular quarterly dividend of $1.50
preferred stock, payable July 1 to holders
and
non-consolidated
preferred stock
$4,317,724
14,528,,
48,625
class
consolidated
placing the
quarterly.
The
of
$3,863,465
—-
share
record June 20..
6 and April 11, ;
preferred stock, payable July
cumulative
20,
17.—V.
thus
888
287,481
-—
Gross income
distribution
a
April
properties located in Brooklyn,
$13,000,000
a
declared
certificate
the
and
is
B-K
have
-.-i—~
—
-
General expenses
Federal income taxes
declared the regular
June
the
on
June
owned
stock.
T942^rrr^941^:-~
™12~MonthSTEfide"d: MardrTl"-^ ■
Total income;
of
issue on Jan.
of
P.;Walker Morrison, Lazarus Joseph and Leon Leighton, trustees of
series
$8,184,845
[Parent Company Only]
Statement of Income
abandonment;
by the company of a line of railroad extending northwesterly from
Poland to Prospect Junction, approximately 8.5 miles, in Herkimer and
Oneida Counties, N.
155, p. 2186.
on
$6,752,807
—
expenses
tBefore
,New YorkCentral KR.—Abandonment—
The
income
holders
to
of par-,
totaled
$10,251,242 which compares with $7,633,130 for 1940.
These -earnings
include share of undistributed earnings of partially owned non-con- ,
solidated subsidiaries of $1,045,000 for 1941 and $1,231,000 for 1940.
Dividends paid to stockholders during
1941 aggregated $3,367,970
representing dividends on the first and second preferred stocks at the
rate of 6"% per annum and four dividends totaling $0.90 on the common
and taxes of parent and other non-operating
interest on convertible obligation of NY PA NJ
Utilities Co.
held by parent company.
Interest on the NY PA NJ
Utilities Co. convertible obligation held "by the trustees of Associated
Gas & Electric Corp.,
parent company, is payable only out of, and
(not exceeding V'/o) to the extent of the "available net income" for
any
calendar year.
Such interest amounted to $273,530 in current
period and $1,967,250 in the previous period.
"Including
companies.
6
this
on
17, 1941, and 50 cents each on March 20
Oct.
on
also
record
share
made
dividend of 50 cents per
a
July
payable
was
the 5.60%
on
of
record
tially
$20,821,361 $22,534,611
12,537,786
12,922,753
1,530,767
1,427,014
(subsidiary companies)
stock,
1941.
Combined
662,112.
628,977
.
income
deductions
Income
.
the
Paramount Pictures, Inc.—Earnings, Etc.—Larger In¬
ventory^—President Barney Balaban* at the annual meet¬
ing held on June 16 said in part:
$20,192,384 $21,872,499
„
—1
(net)
NY PA NJ Utilities Co.
$965,028
•
:r;v
*
Operating income
Other
9,
share
per
June 17 declared
on
directors
holders
*•
General Balance Sheet, Dec. 81
Assets—
Lands
bonds at
beginning June 22.-
distribution
June
The
1942
'
1941 $84,625,210 $80,411,572
64,432,826
58,539,073
End. Mar. 31—
operating
exchange for the outstanding temporary
against $1
as
and
$3,838,965,
Subs.)—Earnings—
Operating revenues
"Total
J
$1,196,032,
NY PA NJ Utilities Co. (&
12 Mos.
Balance of
were
1942,
similar
A
per
5,653
24,394
'v
/
liabilities
current
30,
in
on
$57,469
5,952
24,158
_
$0.72
April
of
as
■:V
Bank Farmers Trust Co., as corporate trustee, announces '
first mortgage and first lien 3%' bonds, series C, will
City
.The directors
the common
.
$133,638
$1,196,032, respectively, as of April 30, 1941.—V. 155, p. 265.
$30,528
Expenses
Taxes
1941
■
169,320 shares of common stock, 5,946 excluding treasury shares. assets
/(p:-:
Dividends—
[Including WhollyOwned
♦Earnings per share—
*
the acquisition of Evan¬
acquired in May.—V. 155,
was
V
office of the trustee,
Subsidiary]
1942
after charges, Fed. income taxes etc.
$155,479
Net income
which
Ltd.,
definitive
available
be
6 Mos. End. Apr. 30—
Note—Current
CH>.-^Earnings--r
& Arizona Land
New Mexico
tear
"
(Ont.),
Panhandle Eastern Pipe Line Co.—Definitive Bonds—
Nunn-Bush Shoe Co.—Earnings—
♦On
mortgages payable,
funded debt (Associ¬
$11,355; capital, $335,211;
$100,000;
minority interests,
"After depreciation reserve of $325,602.
Note—The balance sheet does not reflect
geline Beverages
p. 365.
155, p. 1755.
debt,
:
•
capital and earned surplus, $105,178; total, $1,687,203.
$110,869
.
•
v
"fixed
deposits, $30,740;
(Orange Crush),
debt
$700,000;
$387,398
67,836
ated Bottlers),
$750,123
dividends—
stock
funded
$122,000;
$176,436
inventories,
prepaid ex-
accrued charges,
payables, $198,208;
loans, $38;956;
taxes, $38,273; customers'
$7,282;
Con¬
Power
16,229
3,656
& other
—V.
$1,437,117;
long-term
$1,210,870;
par),
no
stock,"
preferred
convertible
$368,294; total, $4,803,811.—V. 150, p. 2186.
to
$730,238
;
.•
$69,890; deferred charges, $74,032; containers, $300,362;
assets, $794,664; other assets, $10,186; total, $1,687,203.
company,^
current liabilities, $539,752; consumers' deposits, $107,479;
for depreciation and amortization, $612,199; contributions in
reserves
0,r
$662,822
1942
.receivables
(net) , $147,034;
$15,967; investments, $35,924;
$98,729;
insurance,
penses,
,
$526,553;
be
$170,222
Gross income
Pfd,
,
of1 affiliated
securities
$4,311,727;
/
cash, $60,242; notes and accounts receivable, $206,483; inven- ji
deferred charges, $4,480;
$4,803,811.
Liabilities—6%
U.
$175,939
.
Net income
Sheet, Dec. 81, 1941 '<
tories, $139,845; other current assets, $16,185;
..
Income
Public
Other income
$64,850;
aid
taxes
' 2,160,153
from
rental
sumers'
District
decrease of $42,308.
a
Balance
total,
$2,890,391
2,378,029
&
expenses
'Net operating
in
$15,720.
1
profit, after all charges, was $236,371 as compared with $278,680
1940,
$3,040,851
610,013
___
service.
rendering
for
was
This increase was due to additional property being used in
$2,467.
$780,234
659,246
$140,416;- life
profit,
operating
retirements,
Total
Oper.
Assets—Cash,
1942—12 Mos.—1941
$835,185
revenues
Sheet, April 3,
Consolidated Balance
Co.—Earnings-
1942—3 Mos.—1941
Period End. March 31—
Operating
Service
Public
Northwestern
of this in-
While $32,421
$60,347.
gas
remaining
material
of
costs
increased
in
for
the
sales,
of
increase
an
accounted
of
volume
Monday, "June 22* 1942
$29,802
second
1495
hurt
not
box
our
about the effect of gasoline '
to us that such rationing;
point to earnings for the
appears
Indications
offices.
1942 exceeding the $1,904,000 earned for'the second
quarter of
fquarteJ^f:' 1941^y*
•*
'
the
reorganization
preferred
stock
of
Northern stockholders will receive Erie common
period.
equivalent
stock.—V.
Northern'
and-
value
150. p.
1944.
time .a substantial amount '-due from,
:•
Australia, and other' Empire •. countries;
for its share of film rentals, the payment of ^whiclr is restricted;.
It''
SEC
is the contention of this company and
the American industry that
v See "Chronicle," Thursday, June 18, page,-2302.. . •>
. t.
j. ;n such frozen'funds should be released and earnest presentation "i* being >
made to that end]
This effort to ibring about the release'.of. suchN;
frozen funds is-prompted both by the • rights-oL the Americanxindustry
•r
(Orange- Crush, Ltd.—New Subsidiary— •
as
provided--in - contracts'".and also by-'-the actual necessity -whichIt is announced that this company owns all the outstanding, capitals
obtains for the release of such impounded funds, In order to-assure
stock of Associated Bottlers, Ltd., which was recently .organized-as a -j
the continued-production of the number and quality of 'ieatures iieces-.-1
medium for carrying out an amalgamation of .bottling concerns in the. £
sary to. supply the requirements both-in this country and the British' Dominion of Canada for the building of a. company, along national ;r„ Empire!
ttmnire:—V.' 155.^ 0. 2284]
lines in the 60ft drink industry.
One of the -chief 8ims was to effect/ •
economies in operation and E. P. Taylor, President, now* states,'that
the consolidation has already resulted in substantial economies. ■;
^ ^Pennsylvania Electric C<Lt—Merger—;
The company and the Penelec Water Co. have jointly-petitioned the
The new company acquired O'Keefe's Beverages,
Ltd. .(soft -drink-c
Pennsylvania P. - U. Commission for ..permission to merge,-, the-electric
unit of Canadian Breweries, Ltd.), Evangeline Beverages*'(Ontv),.Ltd.
and has the right to bottle and distribute -Hires-Root Beer .fn -Canada.^- company, proposing to take over, the water company. -J•*.<**.•
The cash consideration to be paid -by-Pennsylvania Electric Co. • to
The authorized capital of Associated Bottlers, Ltd.; consist8;Df 200,000 •»-.
the water company will .be based upon the estimated /original. co«.t ,of;
shares of no par value stock, of which 50,000 shares are issued and
the water companv property and upon other factors, all calculated as'all owned by Orange Crush, Ltd.
There is also authorized an issue of - ~<$2,000,000 general mortgage and collateral -trust-5% debentures/matur-:-r :, of the date.of settlement.—V. 155, p. 1604.
The
103rd
Street
West
&
company has at this
subsidiaries in' Great' Britain,
End Ave. ■ Inc.—Registers with--
r.
Northern States Power
Electric
output
ended
week
13,
32,653,000
kwh. for
6.2%.-—V.
155,
States
Power
Period End. Mar. 31—
Operating
taxes
_
__w_
_
(Del.)—Weekly Output—1
States
Power
Co.
system
for
compared
an
the
with'
increase
of
Co.
.
(Wis.)
1942—3 Mos.—1941
(& Subs.)—Earns.
1942—12 Mos.—1941
___
$1,685,975
$1,607,673
1,195,051
1,148,571.
$490,924
$459,102
27,394
35,999
108,602
117,345
$518,318
revenues
Operating expenses
„
Co.
Northern
1942, totaled 34,683,000 kwh., as
the corresponding week last year,
2283.'
p.
Northern
the
of
June
$495,101
$2,048,534
$2,081,473
$6,716,630
$6,305,060;
and
_
_
4,776,698
4,340,932
$1,939,932
$1,964,128
^
•
*
•
,
Net
operating
income
income
Other
income
Gross
Income
-
deductions
'
-
203,388
203,137
825,511
777,178
$314,930
$291,963
$1,223,023
$1,304,294
$1,000,000
6,784
6,784
27.135
27,135
1Q43-1Q.S2
262,199
262,199
1,136,194
1,179,893
ing
Net
Divs.
Divs.
-V.
■L
income
on
on
pref.
stock
common
155, p.
stock-
1315.
$100,000
annually
in 1953.
while
none
of
issued.
the
balance
of
there were issued $700,000 of the
$1,000,000
1953, which are convertible into common stock
been
and
inclusive,
1943-1952,
At Anril 30, 1942,
maturities,
debentures
.
;
Pennsylvania Power & Light Co.—Rate
,
maturing
at $10 per share;-have'
;
The
Pennsylvania
company
to
put
into
Public
effect
Decision—VvJ'
Utility Commission has authorized this
June 2 three revised schedules of rates
-
.
Number 4083
Volume 155
affecting
commercial
large
25
or
or
after April 4,
more
did
who
of contracts
new customers in commercial
proposed changes affecting other cus¬
filed upon 60 days' notice as provided
by law.: ■
;>
;'
'
•* '
',
Rate schedules replace three others filed by the company in April
containing tax and fuel clauses and providing no off-peak use benefits.
The Commission suspended earlier schedules whereupon the company
withdraw them and filed new ones from which objectionable features
and
Industrial
tomers
affects only
action
removed.—V.
f"
•
'■
3 Mos. End. Mar. 31—
„
Net
•
'}i*'
>:'■■<> Consolidated
v-%
Net
Income
yy
y
,
sales
'X"V
•••'■'
income..
1941
1939
1940
and
Other
26,192,487
expenses
income
Total
»:
income
Fed.
Operat.
Net
519,063
prof, taxes.
566,923
536,509
536,509
$0.32
$0.16
$0.72
155,
50,384
Pfd:
' $1,020,071
Surplus
-
1
—^
.4 $271,318
$2,26
-
429,579
397,390
$323,993
Earns, per sh. on com.'_
$858,606
55,038
? 368,136
38,537
______
785,517
*•*,'—_
$551,964
$2.18
•
•
$3.99
-
■
■ ■ —
^
depreciation and amortization.
Consolidated Balance
'
marks—
trade
Cash
of
Inventories
31
1941
1940
1
1
'
tCommon
-
Cost
of
'10,570
$181,788
$2,322,337
$2,220,349
;
"
.
,
*
,
.
831,076
jo 832,803
$1,387,546
669,797
81,522
Accounts payable
.55,816
'
..$
..
'
A
.
In
1942—12 Mos.—1941 >
$
....
■■
-
12,393,849
157,469,983
77,366,643
11,895,878
15,761,645
profits taxes.
517,368
19,574,451
1,579,076
3,405,950
29,934,285
37,277,936
1,127,542
13,564,811
13,241,854
838,000
May
2,278,408
16,369,474
the
Revenue
possible
of
Act
taxes
additional
1941.
Federal
those
above
profits
excess
the
at
accrued
were
taxes
rate
imposed
1941 Federal income taxes
accrued
were
at
May 31,
income
and
excess
taxes
were
rate of
24%
profits
12
months
ended
1942, include adjustments made in June and September, 1941,
to prior months, to set up accruals for these taxes in
with
the Revenue Act of
117,958
124,529
772,131
372,128
39,613
49,971
,
Earned surplus
income
the accrual of Federal
1941, and
Tolal!
.—I
•jjtfter, depreciation,
4,224,326
ject
Sales
wV.
$8,802,978
to
five
taxes.—V.
months
.
:
155, p. 2012.
.
.
Federal
Other
Net
received,
Otis & Co.,
Inc.,
naming
winning bid
the
and
& Son, 99.0777 for 21/as,
Gregory
Mulliken Corp.—New
v—V; 155; p, 829.'
31,
1941,
for
Federal
excess
profits
s
20—*
;
*
'•
revenues
1
•
v
_
income
—
—
operating' expenses, *; maintenance,
Philco Corp.
.
„
- *
*'
'•
•
and
.Mn y. 155; p.; 2098.
1941
15,680,803
6,608,947
Total
102,393
31,715
879,484
403,256
198,214
2,521,222
t."
^
$402,031
$6,258,144
1,095
37,698
Z)r94,977
$403,125
$6,295,842
$5,331,742
payable
-
v
1962.—'V*."
279,021
3,351,336
$2,944,506
$124,104
3,357,975
$1,973,767
requirements
550,000
550,000
1,583,970
*$160,203
2188..
p.
.
/
,
-
.
available
and
Expenses
March
and
July
21
holders
to
v
-
Uniform
of
Car
and
'
'
il3
-
t
.
first
method
out
and
and,
at
advances
for
reserve
deferred
the aggregate, below mar¬
or below cost, $3,366,422;
in
supplies,
and
(less
payable, $2,667,247;
income
$49,214
$299,-
reserve),
depreciation and depletion of $25,$1,705,488; total, $95,407,868.
charges,
accrued
(incl.
taxes
provi¬
taxes
which is subject to final interpretation
regulations), $3,858,665;
other accrued
long-term debt, $8,800,000; reserve for contin¬
laws
and
Button
Co.—Extra Dividend—
June
on
15
declared
extra
an
dividend
of
cents per
25
the regular quarterly dividend of 25 cents per share on the
stock, both payable July 20 to holders of record July 10. Like
amounts were paid on Jan. 20 and April
20, last (compare V. 154,
p. 1219).—V. 155, p. 2189.
the
the
':
-
22,453,384
'•
$2,870,159
..
$1,157,870
>$190,013
153,260
$826,399
847,305
$310,565
$196,059
1,718,458
432,320
5,496,298
3,066,218
.982,990
336,588
3,311,625
1,645,439
$735,468
$95,732
$2,184,674
$1,420,779
.
________
.
-
.
Schaefer
has
resigned
as
President
and
as
annual meeting of the stockholders
of; the. corporation were amended so
number
of
directors
which
constitute
and the following individuals
Ned.. E.
Depinet,
Green.
Thomas
,
auditors
as.-
to
examine
P..
its
were
Durell,
and
for the calendar year
board
of
a
director.
held
as
Total
operat.
change
directors
L.
Ehrman,
report
upon
155,
the
p.
accounts
L.
of
1942—Month-—1941
the
2285.
..
,
v
;> ,■
*
•*
C! '
.
-
Net operat.
/.
Guaranty Trust Co., trustee for this-issue, on May' 19,
revenues-
communication
-
-JJ."L
p.
149,
The
and
../'C
C.
4
V..i
^
Wisconsin)—Larger Dividend Declared
for
the
Six
Months
has set
company
$271,633
$292,123
73,250
201,482
273,933
May 31, 1943
1
2244. Y
ICC
York
as
$101,100
and
-
Wisconsin
'
-
as
State
f/
income
Federal
taxes.—
■
;
.
Railway
for
reserve
a
Equipment Trust
,
June
on
$86,949
$0.78
aside
profits taxes
excess
authorized
11
trustee
of
not
to
be
and
the
sold
the
2%
Guaranty
and
obligation
assume
$2,120,000
by
99.2599
at
to
company
exceeding
issued
serial
equip¬
Co.
of
dividends
in
Trust
accrued
connection with the procurement of certain new equipment.
VV The report or the commission states in part:
%v-vY'*
The
applicants,
of
use
to
propose
Hudson
so
traffic
acquire
type,
handle
to
as
occasioned
by
locomotives
additional
12
4-8-4,
in
estimated
an
and
to
unit
the
such
requirements
freight
locomotives,
meet
stem
cost
the
properly
will require
conditions,
war
order
coal-burning
new
at
expeditiously
the
and
of
$178,682
3
and
oil-
burning steam freight locomotives, Hudson type, 4-8-4, at an estimated
unit cost of $176,014, representing a total estimated cost of $2,672,229.
Charles E. Kugler and John P. Kraebel, as vendors, will procure the
1,
July
The
exceeding
the
Upon
the
be
to
cause
with
execution
will
of
enter
into
an
agreement
to
be
Guaranty
Trust Co. of New York, as
and transfer the equipment to the
provide for the lease of the equipment
the
deposited with
deposit,
will
and
the
to the applicants, and for the issue by the
$2,120,000 of equipment trust certificates.
equipment
time
builders
applicants will sell
agreement
the trustee
by
not
the
1942,
the
trust
if
agreement,
the trustee
certificates,
necessary,
and
the
the
vendors
net
to
trustee
of
deposit
or
the sale
of
will
proceeds of
applicants
required
sum
any
the
will,
make
the
same
the
total
at
up
amount
of $2,120,000, and the trustee will thereupon issue and deliver
the vendors or upon their order equipment trust certificates in an
equal amount.
From the sums so deposited the trustee will pay to
the vendors, or upon
their order, amounts which, together with all
payments previously made out of the deposited cash upon the delivery
to
equipment
the
or
$75,790
Ended
;
liability in respect
trust certificates,
New
80%
will
not
equipment,
of
the
exceed
then
80%
of
the
theretofore
and
aggregate
cost
of
such
aggregate
delivered
so
equipment,
estimated
to
the
cost
trustee,
whichever
is
less.
That
$56,530
$2,540
*$70,151
$18,190
portion of the purchase price not provided for by the issue of
equipment trust certificates, and being not less than 20 '/o thereof,
be paid to the trustee by the applicants as a
part of the advance
rental required under the lease.
19,566
52,168
776,643
126,650
existing under
the
Y
.
'
The
—1—/
$76,096
from
$54,708
$706,492
$144,840
187
ordin'y -income
income
312
750
1,250
ordinary
,-
SYrNeiY income
Deducts/" from
■
$75,909
______
inc.
net
.
,
$54,396
68,819
22,397
Y
unit
of
units,
$705,742
$143,590
or
633,276
48,188
of
-
to
transferred
earned
surplus^
$31,999
$72,466
$95,402
-
(The)
Richman Brothers
Earnings—.
Y
vThe directors
common*
stock,
no
S.
Government
to
the
greater
makes
described in
the applicants- a
and, to the extent of
time
any
than
within
redeem
all
event
there
is
no
default
80%
an
of
it
15
days
amount equal
the
of
impossible to acquire any
they are to furnish
the lease,
certificate specifying
estimated
elect,
to he
cost
once
suclr'unit
nearest
of
such
multiple
unit
or
only and finally,
the
receipt of such certificate, to
the certificates numbered 2,120 downward
including
and
or
portion
a
of
Co.- -Dividend Decreased-
by
obligation
equipment.
par
the
in
1,061, on any business day prior to July 2, 1943,
the trustee, at par and dividends accrued to the date, of
redemption.
Upon such redemption the vendors will be under no
■
have declared a
that
the applicants may at their option
selected
Y
provide
equipment
and
to
•Loss.—V.\ 155, p. 2013.
-
U.
of
trustee
$1,000
at
$7,090
the
units
or
the
units,
Net ...inc.
will
any
effort
,
agreement
the agreement or the lease and the vendors determine,
time between Oct. 1, 1942, and April 1, 1943, inclusive, that the
priorities program or any other development resulting from the war
at
23Y ;Previously,
1942.-;/.<
registra¬
Application
listing and
share
per
and
income—non-
Ordinary
V;
directors of
*
'*•
U- O'" -•**
the corporation for the six months'
cumulative
1942.
will
an¬
June
7%
listing and
22,
$2,
par
Earnings
of
$48,587
/Total- operat. deducts:/./.
This
S. D.
A.
the
from
June
on
profit after all charges and taxes
Earnings
to
N.
stricken
compares
of
1942—4 Mos.-—1941
7,943
.:
revenues-
from
that
announces
be
declared a dividend of 15 cents per share on the
payable Aug. 5 to holders of record July 31
with 10 cents per share paid on March 30 and May 20,
last, and on Nov. 15, 1941. The previous payment, also 10 cents,, was
made on April 30, 1940.
*
This
from
directors: Raymond
elected
Frederick
1942.—V.
'
-
will
trading session
have
stock,
trustee.
June
on
to
Yy
;>•>>>■•
-•
';> Y.
a/YYV ;
Radiomarine Corporation of America—Earnings—
; "
-
of the
above
directors
common
dated
Millhauser, Richard C. Patterson, Jr., N.
i?Peter Rathvon, ,-J>.Miller Walker, John M. Whitaker and Lunsford P.
iYanda.ll.
The stockholders also appointed Messrs. Price, Waterhousa
Co.-
Exchange
$100)
the
Safeway Steel Products, Inc. (formerly Safeway Steel
trustee and
DeWitt
Lawrence
Defaulted
—
the
of
Scaffolds Co. of
630,340
$36,753
.$77,789
-
Stock
(par
close
St. Louis-San Francisco
18,872,525
$5,185,733
adjourned
Corporation
Dividend— I
-
stock
the
registration has been granted by
the Securities and Exchange Commission.—V. 155, p. 2286.
1942-r*4 Mos.—1941
$395,567.
218,197
_
Period End. April 30—
record June 27.
York
New
at
strike
Auxiliary Operations]
4,651,747
$295,986
_______
by-laws
to 11.
.Bill,
Portland Electric
May 14, 1942, passed a resolution declaring-that the
income of the corporation-for the six months' period
of
Rutland RR.—To Delist Stock—
The
$5,047,314 $27,639,117 $21,742,684
$1,640,669
________
&
.
30,-1941, was not sufficient to pay any interest
due• Sept.-'1, 1941, on the 6% collateral trust income bonds due 1950.
"We"are further informed-that this-information was. filed with the
■
U. S. treasury notes, at cost, $1,501,800;
(less $289,442 reserve), $4,802,031; crude
inventories, on basis of cost determined by
materials
Certificates—
5,818,754
Operations-
J.
George
17,
Dec. 31, 1941, was "not-sufficient to pay any interest 'due
1, 1942, upon the 6V» collateral trust income bonds due 1950;
ending
in
equipment from
Ip5. "p. 2098.
of
Committee
Practice
informed'that-the*boafd
further,
stock.
1941
and
V.
$7,459,422
revenue
~y v>^->>-Y
Ruling
Power Co.
"That the available net income of
period
31,
common
Note—The
;;i942--Mbnth-^-1941
'■
net
share
i;
'
ending
Dec.
receivable
investments
Rochester
1,583,970
$810,536
dividend of 10 cents per share on ths
'
on
last
The directors
The
Radio-Keith-Orpheum Corp.—Resignation-
'
Co,
Sheet,
liabilities, $588,333;
gencies, $146,992;.capital stock (4,010,000 no par shares), $74,670,874;
earned surplus, $4,675,758; total, $95,407,868.—V.
155, p. 2013.
$5,426,719
7,017
278,801
Operating income
V. 155, p. 2012.
-
'
*
net
Gross
Power
'
:
-
2,298,869
$513,708
>
________
revenue
Deducts,
are
$1,809,590
Balance
products
Federal
to
Co.—Earnings—
Haxes;accrued.
Exchange has authorized the listing of $6,000,000
Portland Electric
"We
$1,817,342
Y
$10,938,988;
applicable
1,486,564
requirements
155,
revenues
Total
15
The'National
for
the
of
1,559,229
.
nounces:
31—
increasing
cents per share paid on- April 21, .last, on April 21,
"July 21/ Oct. 21 and Dec. 20, last-year, and on-April 20, Aug. 17 and
'v Dec. 20, 1940.'—y. 155, p. 2285.-/
'
/
Coupons—
Dec.
2,002,341
>Y; >YY
addi-
Liabilities—Accounts
sion
129,011
-
Y Net .revenue
v
155, p. 2285.
w
%
have declared a
with
$2,042,955
2,003,509
$58,333,034;
tion
surplus
Total expenses
14,659,953
5,959,303
-At
debentures,, due May: l,
stock,
$2,601,926
2,005,000
preferred
$241,924
dividend
Auxiliary
appropriations -for
.Pittsburgh Screw & Bolt Corp.—Smaller
compares
t$3,814,590
2,506,260
paid—
857,196),
126,937
revenues
Net
^
Makes Offer For Stock of National
--
The New York Stock
.common
t$4,323,611
3,159
$14,461,020;
ment
reserves,
Listing of Debentures—
The directors
100,000
annual
1,058,354
amortiz._-_
Total expenses
Aug. !.. to holders of record July 15. The next, dividend, a regular of
$1.12%''per' shares wlii be due on JNfov.^ l( l1942. See offering of stock
1.
the
1.219.884
Sleeping Car Operations-
$54,602,755 $48,880,046
taxes,
National Union Radio Corp., above.—V.
20-year 3%
400,000
refined
93,030
"PeriodEnd; Apr;30^—-
The' directors hWve declared an ..ihitifti.'dividend/.of 74 cents .per.
on
the 4VS'r
cumulative; preferred stock,/- par $100, payable
-
and
6,374,713
preference dividend
Total
share."
..
600,000
miscellaneous
•
Philip Morris & Co., Ltd., Inc.—Initial Dividend—
-
,61.422
1,800,000
Assets—Cash,
oil
$17,048,475
tnet)_
[Revenues
the
^
63,993
income
•UnionvRadio^See
376,748
90,728
accounts and notes
7.382.883
taxes__
'Deficit.—V.
amortization
of leasehold,
etc.
'tAfter deductions 'for all 'interest -charges," amortization of debt dis¬
count and expense, appropriation to reserve for payments -<made to
others» on obligations of street railway companies guaranteed by Phila¬
delphia Co., dividends on capital* stocks-of subsidiaries held by the
-public, and other income deductions.—V. 155, p. 2285. ';
' '-'
depletion
and
357,217
369,372
at
103,012
revenues-
Pullman
"1942
-
operating revenue
tNet
"retirement
$2,564,753
$40,614
Net
2285.
Director—
—•
«Net
After
$3,442,668
-[Equivalent
1942—12 Mos.—1941
$520,725
Balance
director to succeed Scott J. Mclntyre.
a
1
.*
'
12 Mos. End. Apr.
•
87,771
$4,874,690
81,181
surplus
$19,820,845
and
Philadelphia Co. (& Subs.)—Earnings—-
■
$2,476,982
65,946
357,173
deb.
profit
550,909
•
•
$3,376,722
*378,903
less
Fed. inc. taxes
$1,404,909
Balance
Donald McDonald, President of the Zenith Dredge & Shipbuilding Co.,
Duluth, Minn., has been elected
,
$4,495,786
.95,127
■
in accordance
226,176
operat.
Interest
of 99.625
price
a
99.037 for 2 Vi8.'-r*y. 155, p.
Salomon Eros. & Hutzler,
Operating
$6,466,838
>
■
disct.—w
of
636,397
Balance
obligations, an interest cost basis of 2.07%.
The other bids
Harris. Hall & Co.. Inc., 99.3418 for 2V8s; The Illinois Co., 99.273
Pettibone
1941, included
up accruals
1942—Month—1941
:■
Other income
2%
2Vis;
894,216
interest
$1,708,622
taxes
Preferred
for
1,189,720
$598,417
the Second Revenue Act of
,
*_
income
Prior
•were:
May
__________
Depreciation
the Philadelphia plan and will be secured by new stand¬
were
•
revenues
•
Operation
•
.
.
Operating
,;
ard-gauge rolling stock to cost approximately $869,342.
bids
1,079,548
.
.
Puget Sound Power & Light Co.—Earnings—
155, p, 2284.
Five
ended
Period End. Apr. 30—
1942—Month—1941
1942—5 Mos.—1941
$2,606,099 • $2,241,009 $12,340,216 $10,625,365.
31—
Ry.—Equipment Trusts Offered—Folr
lowing the award at competitive bidding June 17, Halsey, Stuart & Co. Inc. offered $630,000 equipment trust
of 1942 2% equipments.
The certificates mature in 10
equal annual instalments of $68,000, due each June 15,
1943 to 1952. The first five maturities were immediately
sold and the remaining maturities are priced to yield
•from 2.00% to 2.30%.
The certificates are issued under
for
Under
tRepresented by 490,948 shares pf $5 par value.
Perc Marquette
-
1940.
1940,
Corp. of N. J. and subsidiary companies were not sub¬
Federal excess profits taxes in 1940.
No provision was made
.Maintenance ;
;
738,111
_
tions
Service
the
May Sales—
Period End. May
the Revenue Act of
Public
$9,941,279
income taxes for the 12 months ended May 31,
adjustments applicable to prior months to set
with
in
.
taxes in the five months ended May 31, 1942, at the rate of
provide for possible additional taxes above those imposed under
to
Federal
45,600
__________4,505,220 '
5,167,631
and
084; capital assets (less
the
for
taxes
applicable
accordance
_—
Estimated
—
5,692,427
•Includes $325,772 profit on sales of capital assets (net).
to $1.08 in 1941 and 95 cents in 1940
per share of capital
ket,
the
the Revenue Act of 1941.
,
5,865,789
——
Dividends
24,036,082
Federal income
1942
provide for
45%
—__—
8,867,436
6,470,762
debentures——
on
18,037,087
1,959,415
147,737
—
23,169,470
9,617,952
.
amort.
income,
Earned
1,121,415
deducts—
155,275
surplus
24,195,114
9,580,873
$6,561,965
Amort,
Other
6,795,845
1,661,854
1,274,271
Capital
23,255,751
Total
Net
85,403,757
184,259
190,020
'___——
$44,277,747 $44,071,936 $40,575,735
26,885,372
144,577,544
943,331
Federal
rv
$2,454,740
/ -.
serv.
losses
Charges
•
Prov. for
■■
6,465,492
1,549,616
-Income taxes payable
Miscellaneous reserve
and
and
hole
Int.
(& Subs.)—Earns.
1,601,133
May
1
1933
1939
9,995,938
Non-oper.
;1'!|
,
13,315,308
taxes
Unpaid and. accrued salaries__ui_i._.
I' Accrued
bonuses
sales
Balance
computed in accordance with the Revenue Act of 1941.
'
$2,454,740
1940
>
abandonments
$1,491,261
669,797
7,575,538
to
equal to $2.96 per
$49,207,191 $41,887,654 $42,910,106 $39,242,273
1,349,829
2,390,093
1,161,830
1,333,462
revenues—
depl.
Dry
69,092
1942—Month—1941
expenses,
other
45%
before
now
(& Subs.)—Earnings—
1941
$50,557,021
of
Depr.,
$112,696
v
>}
')
taxes
under
$8,802,978
stock
Corp.
expenses
$2,221,752
Drl,403
taxes..
Note—In
a
" ' 3,235
—$9,941,279
—
Oil
Consolidated
101,858
>. 162,009
Mortgage od property
■
Drl4,140
55,816
l'
"■ ■:..*■
-■
income
&
$1.15
proposed bills
;
Total
in accordance with the Revenue Act of 1940.
"—!
Liabilities—
■..?
$2,336,477
Balance
32,358
:
168,320
etc.
Charges
Total,
$183,201
0rl,413
68,443
Balance
Inc.
3,308,797
159,297
loans,
1,441,810
$198,850
fl
>
.■■■■
;
exc.
Other
?
>
2,022,934
.
of
1941, the company earned $1,857,234,
.Y 193,113
4,332,268
___.
Investments,
Deferred
•
181,067
—.
C!ontractrdcpo6it8:.:;;i;l»'_^i__;i_-_w----_'--ii-^---.'';,-v7,655
..
1,727,412
______
Operating revenues^--Exps., maint., deprec. &
Fed.
1,871,577
—
______
basis
on
151, p. 1733.
Other oper.
$2,969,101
Dec.
Inventory of
v
: i 36,296
Cash in banks under'reorganization___'_J_—2,159 ,'
;
>125,121
$199,516
Er666
May—
"
•'
Federal
—__—
—.
;
receivable
144,900
$130,407
'
V
':
■ t
$3,182,639
Sheet,
•Land, buildings, machinery, etc.
Accounts
3,375,809
Public Service Corp. of New Jersey
$435,432
f:
$3.27
•
.Goodwill and
$7,039,371
3,954,091
income
Month
;
Assets
.
$8,017,980
277,380
>
retirement
•Includes
estimated
gasoline & oil taxes—
$585,702
'
income
1
$720,787
$1.31
taxes
Sales, excl. State & Fed.
$647,826
___
requirements155, p. 2188. >
r
*
1941
$822,256
year
share.—V.
1942—12 Mos.—1941
div.
—V.
taken
was
(incl.
taxes
Net
step
1942
with $722,000
the
In
H.—Earnings-
303,410
revenues
expenses
Gross
this
share
Richfield
1942—Month—1941
Deductions ,;;
14,466
____
that
.
Provision for Federal taxes in the 1942 period was $1,527,000,
in the corresponding period last year.
compared
1517.
p.
operating income
Nonioperating incomb-
188,937
$1,109,510^ $1,069,108
i
dividends
stated
in prospect.
Nil
Net
$1,097,928
92,368
357,692
-
Lewman
are
Selling, gen. and admin.
$1,035,268
62,659
80,207
229,821
252,981
profit
:
566,588
share____
Congress.
•
.
depreciation)
L?
Preferred
•$237,906
per
Operating
20,989,026
21,822,586
$1,533,635^ $1,330,100
142,755
taxes—
Common dividends
$436,914
Period End. May 31—
289,432
$1,444,066
$1,255,496
89,569/
74,604
$2,024,309
_______
charges.
income
excess
22,876,120
$1,927,104
97,206
_________
Miscellaneous
Federal
$138,473
$28,119,591 $24,320,186 $23,078,082 $22,024,295
Operating income—
•
$231,820
C.
Years Ended Dec. 31—
11938
•
302,155
340,277
etc.__
deprec.,
taxes,
Public Service Co. of N.
Years
Calendar
for
Account
.,'411,915
'
income—
store
♦Net profit
Earnings per
1939
F.
Ended„May 30—
•After Federal
1940
after
shs.
Total
Total
•Cost
„
1941
•Loss.—V.
•
$27,707,676 $23,979,909 $22,775,927 $21,734,863
__
Other .store
:
:
President
higher taxes that
Five Months
(& Subs.)—Earnings—
outstanding-
prof,
Earnings
Peoples Drug Stores, Inc. (& Subs.)—Annual Report—
•
155, p. 308.
1942
interest,
Com.
2284,
155, p.
.4
•
the Code."—V.
Pressed Steel Car Co., Inc.
be
to
.
were
under
The
groups.
required
were
each.
cents
because of
coupon
1942.*
Commission's
The
;
•
(c) of the National Uniform Practice
bonds of this issue need not carry any coupons earlier than the
due Sept. 1, 1942, in order to be a good delivery in settlement
Code,
begin
not
2371
Accordingly, under Section 39
consumers with, demands
to take service until
industrial
and
and
kilowatts
Of
on
Y'>Ye> THE COMMERCIAL & FINANCIAL CHRONICLE
dividend of 50 cents per share on the
value,-payable July 1 to holders of record June
paid regular quarterly dividends of 75
company
-X 1*.J
/»
to
acquire,
In
this
nor
the
event,
a
trustee
to
lease,
supplemental
such
lease
unit
will
or
be
units
of
executed
eliminating the unit or units not delivered.
The
for
the
applicants
purchase
invited
of
all
136
the
firms, institutions, and others to > bid
certificates specifying the dividend rate
THE COMMERCIAL & FINANCIAL CHRONICLE
2372
Va of
multiple of
some
In
dividends.
accrued
firms
individaul
or
1%
annum,
per
thereto ,six
representing in
response
groups,
Earnings of System—
Net
in
17,848;
17.196,357
64,668
•/r
from
6,544
$3,209,975
28,860
19,824
0
dividend
•After
fixed
for
charges
■
stock,
estimated
$400,000
$5,016,405
$673,395
•$1,281,787
—
income
$3,190,151
1
Jan.
taxes,
of
previously
at
road
the
St.
has
been
the
on
26.—V. 155,
made
■
this
on
issue
The
April
on
1,
1932;
while
A similar distribu¬
since.—V.
none
—V.
Feb.
on
period
year
a
declared
have
the
:;;v
of
as
May
/
by the city of the
Co.—V. 155, pi 1845,
on
the
company
has
approved
been
and
Fed.
Est.
the Federal
by
g^cur.ties.—V. 147, p. 2403.
per
/(Period Ended May 31—
Sales.
1939
284,504
273,806
268,550
$1,345,122
$570,922
Net
23,336
3,797
8,367
7,960
$1,348,919
$579,289
$442,427
6%
v
Mos. End. May 31—
Net^iales
;
/
-
——
_
-
$9,572,842
$12,295,641
*,•
Marinette Paper Co.
(acquired Sept.
1941).
22,
409,585
165,833
i Nplfl—The
volume of finished production likewise increased sub¬
stantially. reflecting the greater efficiency of operations at the Chester
and the additional capacity represented by the two Marinette
Paper Co. mills, located at Marinette, Wis., and Glens Falls, N. Y.
$523,959
$783,861
$413,456
$1.05
$1.57
$0.83
ed.
$310,155
controlled
figures exclude results of
Ry.
Court
—
stock,
A
dividend
a
and
affiliated
or
of
$1.50
V.
Authorizes Interest
on
Divs.
the
authorizing
the
receivers
to
retire
of
$2,000,000
of
ceivers' certificates, and to make interest payments totaling approxi¬
mately
The
were
were given a
disbursements
ho!4qrs, who
timjvit
of
certain
underlying
in' its' history.
•After
1942
bursements,
awaited
in his belief,
facilitate the
would
completion
the
S.
Powell
call
District
Jr.
and
the
W.
Henry
of
provisions
the
for
Court
the
Anderson,
order
District
Eastern
dated
of
tenders
receivers'
below
on
prior
or
certificates
receivers
as
on
15,724
15,539
16,455
June
Virginia,
of
the
of
of Seaboard
any
and
all
1,
1942, from
the
•
Receivers'
tendered:
ZX,
outstanding
16.
of
Legh R.
properties,
Air Line
series
Ry.
be
Co.,
70
obtained
Car
from
the
o'clock
p.
m.
the
to
:-fco
ers
of
series;
and
their
or
second
such
fill
said
in
series;
out
be
form
agent,
Bank
which
stating
July
1.
'
'
plus
accrued
Co.
Platinum
Subs.)—
(&
unexpended
$95,870
$0.05
$201,525
$0.11
$52,736
$0.03
providing for estimated United States
"
2287.
p.
income
tax
of any
cates
said
or
all such
tenders.
Accrued
interest
on
ali
the
&
*
'
'
-
-
call
to
\
a
Net
A
;
}
$5,057,428
2,446,446
Oct. 1,
1941,
prior
to
terly' payments of 35 cents each were made.—V. 155, p.
45,420
563,287
29,052
19,100
226,298
•
directors
profits taxes
depreciation-
60,040
13,300
262,153
37,718
31,250
445,323
compares
»
which
9,679,20.9
59,515
259,619
chgs.
4,484,924
1,955,094
15,101,7.98
6,405,512
2,704
4,039
10,810
1,183,888
.
16,745,607
1
conting.
income
of
S.
;
16,828
P.
4,482,220
15,090,988
1,951,054
6,388,685
solely
affil.
Dr378,771
Drl,387,747
Drl,668
2)r348,984
Crl95,577
Cr220,642
Cr782,308
Cr873,187
4,676,129
1,822,713
15,494,525
5,874,125
cos..
adjustment
—
$96,713
$1,113,921
643,891
—V.
$43,615
$42,426
$470,030
"
of
RR.
Mexico
excluded.:
Policy
adopted «Jan.
operations
1,
entirely within its own resources.
tReprcof solely-controlled
affiliated companies not
bonds
on
by Southern Pacific Co.—V. 155, p. 2287.
-
*
Week Ending June 7.
$
1942
$■" 1
•'•'
4,631,695
—
—Jan. 1 to June 7—
1941
1942.
-
"'
>
1941
$ '
'
4,290,955 100,956,355
$
•
:
73,332,409
2287.
p.
Southern United Gas Co.—Interest Payment—
this company will upon the surrender
to its first lien 6% income bonds,
office of The Pennsylvania
Co. for Insurances on Lives and Granting Annuities, pay $1 per $50
principal amount of the. bonds to which such coupons are attached.
This represents 2% on the principal amount of the bonds.—V. 154,
p.
and
after
of
as
June 22,
June
1942,
attached
12
numbered
coupons
1936, at the principal
1,
1633.;
171,438
$28,140
$298,592
<
1846.//V
inc.
of
37%
cents
payable
June
after
Earnings
171,438
$29,328
";;:./-///;•.////:/■/////•//•■ /'■
—V.
per
all
15
share
was
holders
to
recently
of
share
June
on
10.
Total
operat.
■Total
oper.
income
&
1418."
an
_
'
extra of 12%
■
'
J.
.
*
-
tax
-
$546,799
1942—Month—1941:
$274,267
other
&
expenses
;
81,263.
*
69,462-
•
65,328
——
-
—656,734
Pref.
.
58,849
517,250
'$127,766
'■ •' :
earnings
dividends' '_L————•
•
.V 117,323
$112,647
-V.
$1,952,329
.7.
548,725
5:
475,820
$981,058
113,881:
-933,982
913.649
stock
$47,076
/ v'R* 0' i 3 (.?•'•:«'.•",•*
7
■C.'fc'T
dividends-i.-
5 *.r't
,
/
1.
;•
.
4,042
$2,390,577
r>
,v
com.
.
920,661
$1,469,916
z; 375,000
93,750
.
;
.
$1,282,365
vV.-.VA Cv-
1942
as
"
<
.
1941
.
.
;
■
<
-
••.•*
: 375,000
$1,034,916
'•
-c
•
$66,415. $66,424
1940:
•
..
V'
..
.
•
$120,627
*
1939
.
•
$158,075
7 ,218,604/ / ,?16,503; ,'/ 216,503 •,.' 215.972
share——:..,//' $0.11 ; /
$0'.ll'.'"*'$0.36//$0.53
outstanding
per
Note—rA
i
-
,
$176,635
•7™.-.
3 Mos. Ended March 31—
Shares
i
93,750
859,341"
$1,657,365
2190. V
/..«/.
after deprec.,
Fed. inc. taxes, .etc.—
$14,135
a • iw.v
■
$236,696
155,,p.
of 50%
0
2,825
$2,516,706
K. $270,385:
$330,446
resprye for 19.42
;
Federal"/axes-'has beeh set
compared with 31%
••
Vl-ifc
i.oio
Standard Cap & Seal Corp.; (& Subs.)—Earnings—
Earnings
-1—r 'i $10,437'
'*$1,234 /'':
•Deficit.—V. 155, p. 2014.- '
'•%/• •
Surplus
$2,386,536
211,385/, ""227,387'
deducts—
Net profit
$927,784
I
?
5,591,905
$2,519,531
$497,770
$541,831
Balance
'
—v
$7,878,442
6,500,249
$496,760
-
(net)./—/ /'Dr4,968.; //
income —-
Net
1942—8 Mos.—1941
$2,155,042
$240,958
$9,019,780
"
Int.
1941.,
.
Canada Power Co., Ltd.—Earnings—
earnings-
—
17,
cents was paid on Dec.
1942—12 Mos.—1941
$1,952,111
1,669,889' .1,455,352
income
Gross
$0.00
Co.—Earnings—
1942—3 Mos.—1941
operating income
Other
the
This
/ $0.10
$0.07
$2,216,687
revenues-
exp.
•
1939
$79,348
•
Southwestern Gas & Electric
with $1 paid on March 27, last. Payments in 1941 were as
15, 37% cents; June 16, Sept. 20 and Dec. 17, 25 cents
addition,
/•?•:
■
,
1940
$90,191
$64,780
$0.13
Period End. Mar. 31—
$224,087
declared
record
$113,726
chgs.
154, p. 2099,
•
per
/ />?•/:
Southland Royalty Co.—Earnings—
'3 Mos. End. Mar. 31—
1942
1941
$395,525
14,287
V'".'
J—
Interest, depreciation Si
~
P.
earnings
155,
On
of
659,225
1317.
v*
its
interest
Traffic
/
■
S.
March
In
Operating
"
of
■
$1,054,751
54,287
14,287
Period End. May 31—
Gross
income
.
54,700
54,937
.
stock,
Taxes
an4 on Jan. 15, May 15, Sept. 30 and Dec. 30; 1941.—V. 155, p. 1219.-
401,266
9,601,213
63,886
etc.
Southern Ry.—Earnings^-
375,000
•
$98,551
———
stock-
Southern
.
quar¬
declared a dividend of five cents per: share on
$1; payable June 30 to holders of ,record Junewith 10 cents per share paid on March 31, last,
t;
264,460
2,423,902
17,010
debt,
fixed
after
par
fc t ri
65,658
2,397,206
deducts..
fund,
conduct
Net
—
—v. 155, p.
have
the./common stock,
1,607,563
25,026,986
Period—
166,981
pfd.
compares
>,1g$jEtareholders Corp.—Dividend Rate Halved—
l15.-»-This
251,424
4,534,422
91,541
518,004
taxes—
dividend
Net
iT/Me-
448,208
charges.
miscell.
sents
1,966,629
1—
47,365
155, p.
each.
Quarterly distributions of 25" cents per share have been made on the
including
■
6,964,798
lncl. divs.^.
taken Into income
$4,136,064
179,268
income
on
follows:
.
and
16,259,621
6,189,361
X'f.:-
1940, of making no further advances to that company, it being required
to
Southern Acid & Sulphur Co.—37 V2-Cent Dividend—
?
33j£, directors on, June 15 declared a quarterly dividend of 25 cents
on the common stock and the regular semi-annual dividend
of -55 cents per share on the 5%%
cumulative preferred stock, both
payable July 1 to holders of rqcord June 20. .:.
/
-■/.
.
c.
since
"
income
on
Net
than
.p^otiare
stock
58,626,337
81,677,700
1,591,742
4,241,940
Consol. net
1942—12 Mos.—1941
$385,050
Balance
—V.
or
*.
'common
84,619,357
15,227,281
15,561,719
weeks ago that it had asked
special session of the General Assembly
1942—Month—1941
deductions-
etc.,
Divs.
r/"Sfeven-Up Bottling: Co., St. Louis, Mo.—Dividends— I
..^
1942—4 Mos.—>-1941
22,205,775 127,320,243
.
195,839
income
Gross
2013.
p.
Transportation System
5,963,499
tConsol.
$468,566
.taxes
for
Int.,
:s—:
«•
$257,319
23,419,423
controlled
* *
expenses——
Fed. excess
price
Receiv¬
purchased bv the receivers is to be paid from funds other
$2,000,000.—V. 155, p. 2286.
Seaboard Oil Co. of Del.—Makes Offer—
130,181
$235,654
$18,011
33,887,944
21,225,435
4,630,514
income
•Net loss of separ.
enabling the Santee-Cooper to acquire the two private
p. 2099, 1927.
" i '
act
income
•Federal
may
rejection
receivers' certifi¬
Sif- Wellington Oil Co. of Delaware, below.—V. 155,
412,296
107,659
1942—Month—1941
accruals..
oper.
"Results
revenue——_—
common
•
April 30—
Transport System—
the
Court
Jefferies
General
by agent before
.
' * ■
acceptance
412,296
10,848
disclosed in Washington some
an
Operating
the committee for holders
committee will cause to be qlfered
after
34,358
388,677
1,103,753
Net
1942 quarter were $124,897, against $203,848 for 1941
155,
PWA
to
from
$2,000,000,
$799,796
v
4,282,998
Total
States and Colombian income
1,760,000 shares capital stock
a
of
$755,609
1,515,404
Inc.
South Carolina Power Co.—Earnings—
Manufacturing Co. and Union Switch &
price of 80 ($800 per each $1,000 principal
interest, in an amount sufficient to exhaust
balance
$63,217
6,516,590
Int.
1939
'
any
$1,188,473
377,117
Other fixed charges
1940
1941
tOn
etc.
'• Period End. Apr. 30—
Gross
Car
Signal Construction Co. at
interest,
Supreme
pass
Prov.
received
$1,132,726
32,330
$15,778
tax
ry.
dated
DDX,
mail
and
receivers, leceivers' certificates and/or obligations of the
amount),
to
tendered.
so
$95,547
1846. :/■/
Other inc.,
depreciation, depletion, United
iGovernor
receivers'
Hanover
the
622,147
34,358
,
Utilities.—V.' 155,
of such
anv
Central
letter
are
War Time,
commitment
that
in
aggre¬
an
following series may be
first series;
should
certificates must
Pullman-Standard
The
XX; YX; ZX,
BBX,
agent,
a
from
certificates
Eastern
Union
to
.
:
receivers,
York,
receivers
receivers'
;» The receivers have a
of receivers' certificates
WX;
&
Columbia and Camden.
series.
New
tenders of receivers'
"-All
3:00
office
the
the
tender to the receivers
Broadway,
such
which
■at
first
BBX,
purchase by the
at
$823,544
indebtedness of
second
desiring to
for
receivers
Trust
AAX;
and DDX,
person
certificates
the
amount of
658,734
Net
,
described
Pullman-Standard
principal amount of $930,338, in
exhaust the sum of $2,000,000.
to
certificates of
series;
series,
And
sufficient
DX; GX; 66X; TX; UX; VX;
second
first
•
principal
outstanding
presently
gate amount
131,023
54,918
&
joint
facii.
rents (net) lOr)
-
of the State of South Carolina recently denied
a
petition
by
the South Carolina Public Service
(Santee-Cooper)
'Authority for a rehearing on a permanent injunction forbidding the
/Authority's purchase of private utilities in and near Columbia.
The
court,
assuming original jurisdiction,
decided May 12 the
Authority was without power to acquire the South Carolina Electric &
Gas Co. and the Lexington Water Power Co., both subsidiaries of the
Associated Gas & Electric Co.
The
Authority had asked a rehearing of the injunction on the
.grounds that the court should clarify the position of the Authority
in
regard to purchase of completed and existing utilities east of
The
Manufacturing Co. and Union Switch & Signal Construction Co., of
reductions in respect of obligations of the receivers to Pullman in the
presently
332,892
Equip.
Denied Rehearing—
1, 1945, for purchase by the receivers, and
prior to July
or
1942,
1,
indebtedness
of
and maturing Feb.
>V (b) offers
July
to
18,600
27,326
expenses...
South Carolina Electric & Gas Co.—Power Authority
for
(a I
•;.
with
accordance
U.
418,300
39,897
stock
operat.
—/
$87,817
$0.05
—
minority
period.—V.
Call for Tenders and Offers of Receivers' Certificates—
In
;
453,224
.
of the long-
.....
~
589,421
36,000
$50,137
Ry.
1941
16,706
-1
1942
share—
Note—Before
for
/estimated at $7,500,000.
1,827,820
587,648
43,581
revenues...
——^U4—4
American Gold
earnings for the
the railroad.
Under the order the money to be used in the two transactions will
be taken from a cash fund which, at the time of the hearing, was
plan
reorganization
$4,777,184
1,972,962
50,583
$77,463
operat.
Railway
——
r—
—
1942—12 Mos.—1941
$5,138,186
62,262
Ry.
$1).
(par
.\y
Jh^ge Way, however, withheld action on the requests, pending an
opinion from Tazewell Taylor, special master, who recommended that
the/disbursements be made.
Mr. Taylor stated also that the dis¬
$229,200
49,824
...
—V. 155, p.
$150,618
$178,933
;
$0.29
$0.34
including depreciation, depletion and provision for
maximum excess profits tax under the present law.
and
taxes
451,484
155, p. 367.
taxes,
was brought out that the road was enjoying the best business
202*
$680,685
153,455
160,912.
Southern Pacific Co.—Earns, of
"
(tons)
—
profit
tEarnings per
hearing by Judge Way on May 25, at which
the holders
to
$680,483
$409,102
$433,938
of pfd. stock exp.
Period End.
-
<
pulp
•Net
bonds.
requested by attorneys representing security
$700,000
~
1,712,213
'
subsidiary, Lyman Timber Co.)
3 Mos. End. March 31—
,
^
1941
$2,392,696
1942—Month—1941
1
deductions-
Balance
all charges
South
re¬
-
$279,958
pfd.
on
Amort,
Total
order
an
•
1942
$2,523,141
...
2009.
income
Total
Judge Luther B. Way of the Federal District Court at Norfolk, Va., has
as
450,978
income
etc.,
Net
the
Payments—
issued
r
...
.
co
share~otf
per
dividend of $1 per share
a
>Net profit
4.^
Earnings per common share
normal
Line
Air
class
(tons)
0After
been
are
$730,935
amortization
preferred B stock, both on account of accumulations and payable
Sales
Apri^l, C. E. Ireland became Assistant Treasurer.—V. 155, p. 2013.
^Seaboard
declared
have
directors
Production
1941
198
taxes..
profits taxes
depreciation
for
Gross
Month of April—
branches
various
to
has
/ %
■
—...
expenses
excess
Prov.
$0.62
■
2190.
p.
(And
substantial contracts to supply tissues and
of the Government.
:V'i .•WUliam R. Scott III, Secretary, has also been elected Treasurer to
succeed G. Willing Pepper, who is in the armed service of this country.
Mr/Pepper continues as a member of the board of directors. Effective
pulp
•
General taxes
federal income
155,473
1,132,199
Soundview Pulp Co.—Earnings—
has accepted
company
wood
for
Taxes
to equal
as
profits taxes,
1942,
1,792,404
•
—
revenue
Operating
132,272
Sept. 2, 67 cents, and Oct. 1, $1.—V. 154, p. 438.
plant
31,
Southern Indiana Gas & Electric Co.—Earnings—
July 1 to holders of record June 22.
Payments in 1941 were as follows: (1) On the A stock: July 1, 50
cents; Sept. 2, $1, and Oct. 1, $1.50. On the B stock: July 1, 33 cents;
1941
1942
•
1942.
year
/,/v/. }■
Period End. Apr. 30—
in¬
prof, tax
preferred
4-6%
the
income
Gross
Sorg Paper Co.—Accumulated Dividends—
1927.
for
net
March
ended
so
excess
deductions
155, p.
Int.,
,
estimated
months
12
profits taxes based
excess
$434,467
362,223
Note—Above
The
and
tax contingency reserve
$703,017
$2,018,381
State
exc.
155,
income
income
Income
1940
$844,728
and
1942—5 Mos.—1941
$7,047,375
$5,778,655
1942—Month—1941
$1,972,599
$1,756,119
"^STetttt Paper Co.—Sales—New Treasurer, Etc.—
The
1,000,126
$3.64
income
Gross
$1,629,626
Net income.
—V.
;
$0.58
Operating expenses and
:
:
1941
1942
Earns.-per sh.'cap stock
.
.
the
Year End. Apr. 30—
made.
share.
was
$2,281,598
286,553
taxes
come
the
for
Operating revenues
in Syracuse.
sales of
165,321
Southern Colorado Power. Co.«~Earnings—
par
The) Schiff Co.—May Sales Up 12.33%—
including
35,623
106,675
$730,738
•
income
Total
-
p.
111,769
5,024
Smith Corp.—Earnings—
income
Non-oper.
for Federal
plus provision for
income
as
—V.
The change from a trusteeship to a corp'pratipn, A. V. Louer, trustee, asserted, awaits approval by the New
York Publ.c
Service
Commission of
the company's plan for issuing
,? CV
16,255
106,675
—
,
$1,995,045
Federal
—;"165,
—
.
,
and amort
Deprec.
^Schenectady Ry.—Plan Approved—
Court
25,305
395,075
547,405
$0.45
—
tax
Act
net
used
a
income-——
Operating
properties of
acquisition
the
Antonio Public Service
D'istp-'.fct
5,909
57,779
68,715
actually paid and not adjusted to give effect to a "consolidated" basis.
—V. 155, p. 1317.
dividend of $1.62% per share
cumulative preferred stock,
a
1941
on
greater than
payment of $2,62% per share
2, 1942, amounted to $22.62 V2
1940,
1,
3 Mos. Ended April 30—
of
3,816
83,219
Treasury's proposed revenue bill.- For computing
1941, were 23%
(And wholly owned subsidiaries)
of San Antonio, Texas, on June 15 executed a contract
banking group composed of A. C. Allyn & Co., Inc;, Chicago;
Dewar, Robertson & Pancoast; Mahan, Dittmar & Co.; Russ & Co.,
Pitman
&
Co.
and associates,
all of San Antonio, under terms of
which' the investment firms will act as financial agents for the city
organization
$2,221,979
132,829
income
Note—Provision
ago,
x
year.-^V. 155, p.: 1685.,
155, p. 1220.
(A. O.)
City
for
1,962
$319,003
198,533
/ 24,022
/•
8,866"
profits tax
contingency reserve
Other
negotiations
406
Net income
-.v.
thfe'San
$2,220,017
451
Earnings per common share.——_
1941,
1,
accumulations on the 6%%
of
Arrearages
155,
ity Deal—
iiew
corresponding
a
directors
account
"
in
began Sept.
$100, payable Aug. 1 to holders of record July 18. A similar distribu¬
tion has been made each quarter since and including May 1,
1940,
;jSan Antonio Public Service Co.—Firms to Act in Util¬
; The
with a
Tax
Simpson's, Ltd.—Accumulated Dividend—
Pref. Dividend— .;// < ;
$10d./payable July 1 to holders of record June 22.
was
of
ahead
30%
about
been
the current fiscal year which
Cleveland dispatch.
Sales in the fiscal year ended Aug. 31,
2189.
p.
Tfye directors on June 17 declared a dividend of $1.75 per share on
acqopht of accumulations on the 7% cumulative preferred stock, par
tion
in
far
in the preceding
■/:4'
St. Regis Paper Co.—Resumes
Pf1685-
346,824
$557,960
—
„
Federal surtax
State
on
modified
to Oct.
postponed
4
•
15 before Federal Judge
plan of reorganization
for June
scheduled
Louis
/
•
thus
Sales
have
/''"St. Louis Southwestern Ry.—Hearing Postponed—
Davis
income
Federal excess
payable Aug. 1 to holders of record July 15.
A
May 1 and on Feb. 2, 1942.
The previous divi¬
value,
par
according to
B.
•/..
income
Federal normal tax—
share has been declared on the common
per
579,084
1,095,324
31,013/
$318,596
$557,509
operating revenue.
Gross
///■/.—
Sherwin-Williams Co., Cleveland—Sales Increase—
to
1942.—V.. 155, p. 2189.
•(Tho hearing
Net
Other
dend, 40 cents per share, was paid on Dec. 31, 1931.—V. 155, p. 641.
tc ■:
Charles
cents
15
4,816,746
.
provision, for
April 30,
no
of
similar distribution
1—
avail.
;:>/• 79,644/'. v"
Income- deductions-:
$5,045,265
$679,939
11,666
income.
rrs
Bal,.
V-
$1,293,453
income
Total
'
and licenses—
taxes
$9,057,996
Montreal
a
Sherwin-Williams Co; of Canada, Ltd.i-15-Cent Div.—
%
A
Deducts,
155, p. 2286.
—-
Operating rents (net)..—
,
$1,000,000 each.—v.
3,147,796
62,179
Operating
expense
•
12 Mos. '42
$2,325,111
$1,602,878
1,241,165 •.
912,864
v..,
168,410;.
123,326
278,383
217,079
—
Operation and maint. expense—__
Depreciation'
(& Subs.)—Earnings—
1942—3 Months—1941
operating revenue.—/
Total
/>' ,
'•«' ' , ■ ':■■'•• ■
• i
Shawinigan Engineering Co., Ltd., will have charge of the
and installation of both units which will cost complete about
design
13,740,340
4,980,597
according to
recently completed plant at La Tuque,
The
15,535
v
its
dispatch.
664,404
1,275,605
——...
income
urgent
Blanc plant and the St. Maurice Power Corp. also would
immediately the installation of a fifth 44,500 horsepower unit
start
\
3,523,887
4,439,948
income
operat,
ry.
Other
the
meet
its Rapide
in
$4,546,120 $23,752,332 $18,133,862
$6,482,449
Total"; operat. revenues.
Tota,l joperat. expenses.
Period Ended March 31—
need for additional generating capacity in the
St. Maurice Valley, James Wilson, President, announced that following
conferences with H. J. Symington, Federal Power Controller, the com¬
pany will proceed immediately to install a fifth 40,000 horsepower unit
To
1942—4 Mos.—1941
1942—Month—1941
Period End. April 30—
i
,
;
Southeastern Greyhound Lines
Shawinigan Water & Power Co.—Expansion— '':iy4^;44.
at not less than 99 and
bids were received from
all 25 firms. The most
favorable bid 99,2599 and accrued dividends, based on a rate of 2 %•
per annum,
was received from Solomon Brothers & Hutzler for
the
Joint account of themselves and Dick & Merle-Smith and Stroud &
Co., Inc. This bid has been accepted. On this basis the average annual
cost to the applicants will be approximately 2.15%
per annum,
in
Monday, June-22, 1942
,
for 1941.—V. 154, i>."
I.
.
.i.
•«».•'
up
at the rate
l.: V/'
a,".:,.'
■
2373
;
June
operating companies in the
Standard Gas
&
Electric Co. system for the week ended June 13,
1942, totaled 160,026,000 kwh. as compared with 139,994,000 kwh. for
the
corresponding, week last year, an increase of 14.3%.—V. 155;
2287. '
p.
of
output
the
.
y
Standard
^
Co.—Tenders Sought
Ice
v
representatives
by
of
the
packing
Jury of farmers and business
a
Government's
hinged
case,
companies
defendants also were accused of maneuvering to maintain Friday's
prices on the Saturday market.
■>. /■■./
Walter S. Parker, general manager for Swift & Co. in St. Joseph,
expressed his pleasure at the verdict.- '
•
•
'
.,
Fidelity-Philadelphia Trust Co., trustee, 135 So. Broad St.,
Philadelphia, Pa., will until Noon, June 23, receive bids for the sale
to it of 1st mtge. 6% sinking fund gold bonds, due Aug. 1, 1947 and
bonds of said issue extended to Aug. 1, 1957, to an amount sufficient
to exhaust $6,313.02, at. the lowest prices, obtainable, not. exceeding the
redemption price thereof.:! These funds were received by the company
as the proceeds of the sale of certain property
no longer necessary for
the proper conduct of its business.—-V. 154, p. 1496.
'
4
The
"Knowing
..
Co.- in
&
% Period
Total
revenues
oper,
,
X
End. Apr. 30—
Operating
>
1942—Month—1941
$531,792
—
$476,841
1942—12 Mos.—1941
$6,151,878
$5,322,758
3,372,175
"4,387,31$
298,155
fore ret.
$132,050
79
accr._
Other, income—net
inc. before ret.
Gross
accruals
reserve
$1,764,559
$1,950,582
2,503 I
2,283
$178,686
'
274
1.
-
1943.—V.
155,
Net income
■■
Preferred
Common
—V.
Sterchi Bros. Stores, Inc.—May Sales Off—
Period End May
Net
31—
430,000
35,833;
$96,296
715.
;
$143,126
It
is
the
that
announced
38.67%
of
decrease
v
$2,378,685
$844,771
$518,077
Total
Total1
the
in
decrease
sales
this
in
$142,359
767
,.
____
.
>.
$2,268,981
785,663
I__.II—I
fixed; charges
able
$3,122,014
13
authorized
Riggs,
about
have
O.
1,207,454
Middendorf
William
J.
Emmerson
subsidiaries)
6 Mos. Ended—
May 2, '42 May 5, *41 April 29, '40 May 1, '39
Net profit after deprec.,
•
X
"X
i
*
taxes, etc. —1_$154,992
*$195,643
$49,575
$37,090
(And wholly owned domestic
taken
June
30
were
made
including March
(John B.) Stetson Co.—Earnings—
.■
■
Smith
applied to sinking & other
'
the
on
31,
no
action
stock.
common
each
quarter
1942.—V.
155,
p.
of
25
dividends
current
182
738,981
371,754
4,323
;
529,114
899,969
agents & conductorsreceivable
4,323
receivable,—
Deferred
1,045
1,045
assets
425
383
2,375,566
2,129,293
4,566,819
assets
4,626,092
Unadjusted debits
$83,638,834 $82,934,834
■
Liabilities—
>
Capital, stock
Grants in
and
aid
J
construction..
$3,393,600
11,385
$3,293,600
,
of
11,385
—____
Long-term debt
46,394,000
293,271
1,132,397
46,073,000
_
......
Ended
Four Months
222
695.040
664,135
from
supplies
and
•
Traffic and
Audited
269.; v
—V. 155, p.
•
>
'
"
"
bullion
of
April 30,
I
car
'
service balances payable
accounts
Miscellaneous
1942
.
and
accounts
Interest matured
338,931
1,696,176
20,285
payable
wages
payable
unpaids—.,—.*
13,273
813,193
809,256
—
$0.82
$0.61
shares common stock.
"
ri 1
*V*:
Unmatured interest accrued
$354,985
x.
__
Unmatured
216,895
OperatingcostsXi—-
^
,
$3.26
$2.58
"
"Equivalent to 56 cents per share on 242,379
Gross value
Accrued
Operating
Income
______
from
investments-
Other
$138,090
344,742
profit
Studcbaker
Net
sales
'
•
————
—
Provision
1942
1941
1940
$35,690,593 $21,418,558 $20,497,465
Net income after depreciation—_—
404,702
343,038
36,030
*
—
liabilities
amortization-——_—
107,118
112,579
Net
121,437
and
Federal: income taxes
'i
Shares
$207,584
.
stock
common
50,000
90,000;.
.
Net profit
2,223,116
(par $1)
; $0.09
Earnings per share—
•
»
—V.
2,174,792
" $0.23
663,641
12,973,344
through income & surplus
through income & surplus
2,852,500
13,231,709
2,852^500
1,008,114
106,160
1928.
p.
as
of
Earnings—
31,
1939
1942
1941
1940
$184,539
$172,218
$177,305
$187,626
26,844
26,288
28,262
30,930
Oper. exps. and taxes—
•
;
i_
123,512
122,217
118,565
119,199
10,167
10,242
$28,963
$16,489
$16,388
$22,573
1,235,591
1,170,128
1,688
1,143,241
8,213
1,066,051
11,491
$1,276,045
$1,188,306
debt, discount
~
and
expense
10,438 \
10,611
'
__
Surplus
Jan.
Miscell.
Superheater Co.—Earnings—
credits
1
to
surp.
43
(including Its Canadian Affiliate)
Profit
sale
1941
1940
$462,011
$305,763
loss$5,399
144,715
272,333
$272,206
.
9,134
1,960
137,454
4,898
$926,645
$608,686
$448,115
117,431
sacurities
of
1939
1942
$800,080
3 Mos. End. Mar. 31—
Operating profit
Other Income
.
Total
7%
___;
5,272
1st
47'
dividends...
pfd.
$1,088,667
15,458
$1,167,842
15,458
15,458
17,211
dividends
pfd.
-
$3
155, p.r 1318.
'
.
.
.
47
47
.
;
—-
12,233,278
$83,638,834
$82,934,834
*
,
Income, Year Ended Dec. 31, 1941 :
operating revenues-r-electrlc
Operating expenses and taxes—
.Gross
•
_._
of
Amort,
—
.Texas Power Corp.—Earnings—'
.
$156,696
'
$149,043
$145,930
$157,695
Net - earnings
Interest
111,650
12,047,206
;
Statement of
—
1,230,506
reserves
Total
&
earns.—Divs.
interest
Net income
.
retired
$0.09
;
•
3 Mos. End. Mar. 31—
1942, amounted to $46,401,262
$29,141,721, comparing with $22,293,635
March
debt
Profit and loss_
$424,562
——
155, p. 2287.
♦Gross
and
current
liabilities were
and
$9,341,816, respectively, as of March 31, 1941. .Inventories were $16,255,990 against $8,608,573.
Cash amounted to $17,205,833, including
$11,896,650 restricted to use in performing contracts with U. S. govern¬
ment, compared with cash of $10,790,579 in the year previous.—V. 155,
assets
Funded
—V,
■
Current
X
profit
Telephone Bond & Share Co.
$511,503
2,223,123
$0.08
58,270
income
—
*472,104
interest —35,996
$388,916
29,629
—
and
•
~
Net
profit
Earn,
.
share
per
on
.....
4,222
Balance
Net
sales
Cost
and
expenses--.'
1942
$3,058,268
2,380,800
$357,970;
1939
$1,290,828
1,232,255
1940
$1,933,842
1,734,436
1941
$3,250,266
2,735,094
$515,172
$199,406
$58,573
11,199
7,790
162,471
operations——,—:—_——$191,614
Non-operating income, net—
:i_—
I..:
---'J—. ),782
Net earnings from
Net
.
$193,396
earnings
10&474
Interest and other charges.
>
y
i
i
,
A,
,
*
•
1
.
.
T«
'
'
-
*
}
,
>
»,
irioome
Net
> .
cess
and
$526,371
135,789
ex-
$207,196
123,187
74,070
1
and
Subsidiary
Federal
for
Year
Ended
Dec.
31,
1941
$9,144,153
7,326,644
$84,009
t$6,733
$0.74
Nil
profits taxes. tLoss.—V. 154,
$228,364
Divs.
$2.02
7%
income
and
1497.
$1,817,509
other
deductions:
Balance Sheet,
-
Dec. 31,
:u!T
15)41
rights, equipment, etc., $2,694,786; invest¬
$76,297; current assets, $124,994; deferred
charges, $78,953; total, $2,975,030.
^l. :
Liabilities—$7 cumulative preferred stock, $349,360; common fctock
(9,988 shares no par), $99,880; long-term debt, $1,522,500; clirrent
liabilities, $79,959; deferred credit,
$110; reserve for depreciation,
$521,343;
capital surplus, $313,096;
earned surplus, $88,781; total,
Assets—Plant,
and
ments
property,
deposit,
special
of
957,997
526,216
.
excess
income
$333,296
pfd stock of Tel. Bond & Share Co. held by public:
preferred stock
on
Texas Power & Light
Operating
$105,856
8
$3 first preferred stock
Oper.
673,802
oper.
revs—
Other income
Superior Water, Light & Power
period Ended
Operating
revenues
•Total oper.
and
Net
Other
oper.
deduc.
990,569
$13,678
$153,939
75
2,490
$10,518
$13,472
$153,864
454
454
5,450
Net
(credit)
6,891
88,481
83,818
$69,612
$6,127
$2,977.
income
Dividends
114
9,679
1,327
35,000
applicable to pfd. stocks for period—
company
ended Dec. 31,
$333,296
8,433
1941
Net
Balance
*
$34,612
-——
Includes
provisions
for
Federal taxes
of
$2,200
$14,600 for the twelve months ended April
the
amounts required under
the revenue
and
tional
to
$106,895
35,000
;;
Total
debentures reacquired-compensation
and
—
—
Assets—Telephone
$1,068,067;
Dividends
The
Government
has
on
interests have engaged in widespread
purchases and prices in mid-Western livestock
that packing
trol
Price Charges—
failed in its initial effort to prove
The
Armour
Marketing
and
Swift
packing
companies,
:■
its charge
conspiracies to con¬
markets.
the
improvement Committee, the hog yards
St.
Joseph
18,949
19,508
$3,746,500
$4,277,655
188,427
191,997
2,267,070
2,256,466
$80,659
$115,673
$1,479,430
$2,021,189
865,050
——.
Co.—Earnings-—
12 Mos. End. Mar. 31—
"Total
Other
L
-
'
\
revenues
operating
deduc.
dev.
income
operating
accruals
and taxes
before
1942
$1,682,730
1,100,549
Joint
subcommittee and
income
before
retirement
res.
plant,
equipment,
etc.,
$43,919,876;
working funds, $19,790; accounts receivable (net), $134499;
receivable, $2,193; unbilled tolls, $508,714; materials and supplies,
total, $51,580,719.
$106,823;
Liabilities—7%
400;
first preferred
cumulative
stock
(par $100), $4,917,-
common
debt, $23,561,000; other long-term debt, subsidiary
advances
from
$583,311;
accrued
and
due
to
affiliated
taxes (incl.
Fed.
cos.,
income
$84,722;
cos.,
accounts
114,173
shrinkage
and
in
value
of
$1,498,331; reserve for depreciation
'(incl. balances at dates of acquisition), $10,081,634; employees' benefit
fund
123,132
$476,617
accruals
reserve
$388,026
201,541
Dividends declared
on
common
$190,073
162,500
stock.
197,953
$275,076
deductions-
150,000
154, p. 1532.
Thatcher Mfg. Co.—Earnings1941
Net
—•
$6,671,013
5,510,221
5,345,063
$1,152,055
$777,774
$1,219,764
326,496
153,064
224,497
143,839
122,538
207,400
$574,253
$502,172
411,023
income
172.895
$725,987
51,787
$1,044,588
Operating profit
158,597
$999,518
45,070
Depreciation
Other
1939
$6,394,805
7,138,197
170,784
sales
Cost and expenses
1940
$8,308,499
Calendar Years—
414,909
>
group
assets,
insurance
reserve,
$198,140;
other
deferred
Total
income
67,709
Federal Income
tax, etc.
♦Other deductions
$3,875;
payable,
taxes
subject to Treasury
Depart, review), $1,237,679; accrued interest $226,431; dividends pay¬
able, $95,623; other current liabilities, $66,631; reserve for proable loss
or
5,824
participating preferred cumulative stock
(no par), $82,771; class
(78,437 no par shares), $452,771; class B common (par $1),
$450,000; preferred stocks of subsidiary cos. held by public, $4,034,563.;
minority interest in com. stocks and surplus of subs, cos., $1,165,139;
A
$511,159
investments,
to and due from affiliated cos., $30,435; sinking
deposits, $521,143; debt discount and expense, $1,337,-
119; deferred expense, $180,871; prepaid accounts and deferred charges,
$349,183; cash on hand and in banks, $2,021,687; special deposits,
notes
$505,335
$590,790
accruals
income
—V.
1,249,092
$582,182
8,603
income
income
1941
$1,754,427
retirement
__:
income—net
Total
$2,156,074
—
$1,156,139
155, p. 1758.
Texas Public Service
Gross
3,423
865,050
$614,380
applicable to preferred stocks
Balance
Retirement
11,855
advances
and other
funded
Acquitted
693
$307,670
workmen's
for
Consolidated Balance Sheet, Dec. 31, 1941
$71,895
for the current
30, 1942, addi¬
act of 1941.—
V. 155, p. 1686.
Swift & Co.—Packers
1,083
$269,086
income
Gross
$1,380,318;
month
$4,258,147
Int. and other deducts.
Net
funds
—
7,051,566
$3,727,551
357,007
5,450
8,414
and
Interest charged to con¬
struction
year
fidelity insurance no, longer required—
Other direct surplus credits
$196,049
bonds—_
deduc._
mtg.
income,
$198,539
206
from
Reserves
907,007
262
—
Profit
•
•
'78,508
(dr.)
income
int.
-
$10,780
revenues—
Balance of
1942—12 Mos.—1941
$1,144,508 $1,105,54$
-
$8,484,166
Add:
81,866
income
on
Other
rev,
1942—Month—1941
$92,646
$92,186
taxes
Gross
Int.
April 30—
Co.—Earnings-
$1,799,067
-
609,280
$306,977
(net)
Gross' income
reserve
balance,. Dec. 31, 1940—_
.
$268,003
taxes
Net
Co.—Earnings-
1942—Month—1941
1942—12 Mos.—1941
$916,257 $12,211,717 $11,309,713
deductions
rev.
and
Utility
Surplus Account
Consolidated surplus
.
'$941,805
revenues
Operating
first
4
.
$2,975,029.—V. 155, p. 1318.
—V.
!___
companies
—
$1.07
sh. cap. stk.
•Includes
p.
Account
(par
Telephone Band & Share Co.—
$121,786
profit
Income
cumulative
earnings
Interest
i
,
429,000
profits taxes—_
Earns, per
preferred
-
preferred stock ($18 per share in 1941)
period End. Apr. 30—
.
earnings
Balance
Net
$5,042;
" " '
Operating expenses and taxes
$67,337
*298,007
$686,575
—
—-
$475,517; cash in
accounts reeeivable, $302;
-
$90,921
—
Dividends paid on
o
3
companies,
8,764
Deprec., int., taxes, etc.
income
deposits,
.
first
Consolidated
Net
Profit
-
unamortized debt discount and ex¬
subsidiary
$100), $4,917,400;
participating preferred cumulative (no par v&lue), $82,771; class A
common
(no par value), $452,771; class B common (par value $1.00),
$450,000; funded debt, $9,422,000; due to subsidiary companies, $118,500; account payable, $2,913; accrued interest, $157,033; accrued taxes,
$31,812; reserves, $1,742,441;
capital surplus, $566,762; surplus re¬
served for general contingencies, $150,000; earned surplus, $1,258,833;
total, $19,353,236.
t$0.20
t$0.32
9,107
Other income
Federal
special
Liabilities—7%
tOn 904,855 shares out¬
$677,468
profit
due
$19,353,236.
total,
Gross
Operating
from
$654,322;
banks,
$181,972
$288,486
Sheet, March 31, 1942
Assets—Investments, $17,860,084;
pense,
Superior Steel Corp.—-Earnings—
March 31
$1,073,161
$1,152,338
$1,014 in 1941, $1,114 in
1942,
1940, $714 in 1939.
,.
t$0.40
$0.43
901,855 shares
3 Mos. End.
$1,172,801
$308 in
,
•Includes provision for excess profits tax.
standing.—V. 155, p. 1607.
.»
52,654
33,615
$1,258,834
"Including "other income of
33,358
92,679
$364,454
__
foreign income taxes.
Minority
33,335
30,066
X-..
•
*207,158
:v„. 7,007
Depreciation
Federal, Dominion
H Bal. March 31——
$3$4#85
—_———
.
Total
20,000
1,163,475
;
—
Additions to property
$482,832
Earnings per share on 4,807,144 shares outstanding
101;0Q0
$180,459
.
for
'35,744
728,396
23,666
«
Deferred liabilities
Sinking fund
733,940
Interest
___
taxes.
income
Total
Corp. (& Subs.)—Earnings—
3 Months Ended March 31—
104,166
853,652
accrued
rents
tax/liability-
current
V
104,166
Unadjusted - credits
.
ig¥6i
•»
1941 "
receivable
accounts
Other
Teck-Hughes Gold Mines, Ltd.—Earnings—
the
' ''
"
'
"$167,236
Sheet, Dec. 31
receivable
-
For
bills
and
Interest
cents
to
1941,
31,
$802,170
»'■
(General Balance
'
.
216,345
$71,878,377 $73,209,931
491,469
1,723,651
832,282
829,256
""
Total
Distributions
from March
927.
'
Rents
ordinarily pay¬
dividend
the
on
Consolidated
balance receiv.
Material
Edgar F.
Jr.,
228,025
.
„
-
and
$49,108
;
funds ;
reserve
balance
Miscellaneous
2,655,433
$1,030,195
Special deposits
Benjamin
and
2,648,820
;
—
v,
$2,704,541
'
Earns, per sh. on 60,000
: shs. 8% pfd.(par $25)
417,472
,
$3,679,016
Cash
Loans
R.
directors
share
income
Assets—
1,075,959
.....
June
on
Alfred
The
per
.
853,032
j,
423,915
1;i
824,718
„
$3,317,268
Investments
$1,511,624
70,000
Technicolor, Inc.—No Dividend Action—
required down payments and shorter terms which also
tributed to the decline in furniture volume."—V. 155, p. 2014.
>
1.207,318
$1,444,263
$4,102,931
Comparative
11,241
$1,329,060
70,000
dividends
dividends
The ICC
is directly accountable
merchandise, together with
con¬
of
type
1,360,926
income
Income
manufacture of electrical appliances
tinuance of
increased
5,806,963
Income available for fixed charges
Graham,
as
a
protective committee for holders of first mortgage bonds of the
company, to solicit deposits and to use, employ,
and act under and
pursuant to a suitable deposit agreement.—V. 154, p. 758.
1942, as compared with the same month last year is accounted for by
a
decrease in electrical appliance sales of 70.91%
and a decrease in
furniture sales of 24.67%.
The company adds: "Freezing and discon¬
for
1940
$8,458,544
$2,691,354
Miscellaneous deductions
155, p. 2101.
Brown,
sales for May,
the
in
31
625,914
$1,522,865
$1,337,061
■_
8,001
Tampa Northern RR.—Protective Committee—
1942—5 Mos.—1941
$3,101,213
1942—Month—1941
*
sales
Dec.
6,935.066
Net railway operating income
Total other income
Net
-
v' :
$10,987,346
Railway operating income
addition to borrowing
2287.
p.
total;
.4A
,
1941
railway operating revenues—..—'..,
Total railway operating expenses
Railway tax accruals
$1,952,865
430,000
$1,767,061
$178,959
$95,581
.Income deduc.—interest
'
1,
.
Louis—Earnings
Ended
Calendar Years—
v/.:*Deficit.-
Gross income
company
ning May
Years
Total
Income
$132,129
8 35,833
—
Retirement res. accruals
of $5,000,000 from Chase National Bank at 1%% interest.
This loan is repayable in five annual instalments of $1,000,000, begin,
Consolidated Income Statement,
Net
-
.
$2,025,792;
„.
Terminal Railroad Association of St.
inc. be¬
res.
.-
which is held.
sale of $15,000,000 of debentures was in
unrestricted surplus,
2014.
p.
.f "
.
399,741
Utility oper.
through operation of a sink¬
each year begin¬
ning May 1,-1948. <
«
.
,
-v v
As part payment for the new issue, John Hancock surrendered for
cancellation the entire $5,000,000 of serial debentures, dated May 1,
The
cos.),. $1,803;
155,
'
;The indenture provides fbr retirement
1941,
subs.
;
deduc.
rev.
j
taxes,
ing fund of $1,000,000 principal amount of debentures
by
(of
$51,580,719.—V.
Net
Tampa Electric Co.—Earnings—
Ohio—Sells
of
Co.
the policy of Swift
with the anti-trust
conducting its business in
compliance
as
well as other lawe, and knowing
also that these policies have been strictly adhered to in St. Joseph,
we were confident of acquittal," Mr. Parker said.—V. 155, p. 509,
v
$15,000,000 Deben¬
tures Privately—The company discloses that it has sold
privately to John Hancock Mutual Life Insurance Co.,
an issue of $15,000,000 20-year 3% sinking fund-deben¬
tures, due May 1, 1962.
<
'/>.
.
- Oil
Standard
$1,653; amortization of telephone plant acquisition adjustment, $21,775;
capital surplus, $566,762; surplus reserved, $222,914; restricted earned
surplus
The
.
.
acquitted
were
Joseph, Mo.
of St.
men
around
charges that Armour and
Swift, through agreement, made identical purchases of hogs; that they
created an artificial top price each day by setting aside choice offer¬
ings which were purchased at the market's close at a premium price.
>>>>'M"''»>
•
8
/-The
utility
public
local
the
Output—
Standard Gas & Electric Co.—Weekly
Electric
credits,
Net
profit
Preferred
dividends
$7$7,867
'
41$,893
146,827
220,239
$163,230 def$59.564
Earnings per common share
$1.11
$0.59
♦Includes unemployment insurance taxes, bad debts, etc.
$151,735
Common
Surplus
dividends
—
,
J
$2.46
'W^'"W
THE COMMERCIAL & FINANCIAL CHRONICLE
2374
For
the
three
quarter ended Dec.
a share, comparing
cents
Account
Income
for
Cost
has
Quarter Ended March 31
1940
1939
$1,643,070
$1,448,381
$1,536,99";
1,442,157
41,320
1,234,414
41,537
1,223,571
43,934
$160,028
and
$159,593
$172,430
8,290
—
1941
$2,028,640
1,868,612
__
6,429
11,481
$269,485
13,307
expense
Depreciation
__
Total
income
Miscell.
$166,022
$168,318
deductions
Fed. income
11,372
21,408
55,580
1940
Income
$24,690
$34,602
$32,008
income
invest,
<
Net
$103,192
$106,923
102,514
102,955
103,739
36,706
dividends
Deficit
*
-
$33,522
*$43,229
-
$0.01
{
$73,471;
Sheet
and
accounts
of
as
from
due
notes
Dec.
banks,
receivable
(less
$86,-
reserve,
$211,373
217,275'
$6,129,297.
Interest
Special deposit for int.
accounts, reserve
for Federal taxes and other taxes, etc., $513,364; miscellaneous reserve*.
(146,836
surplus,
earned
$82,918;
surplus,
$1,541,497;
154,
$6,129,297.—V.
total,
____:
—,.***..,
*
Month of—
May, 1942
$965,222
$1,121,181
securities
directors
declared
have
dividend
a
cents
payable July
disbursed.—V.
was
155,
1
of
10
cents
per
share
V
1941
$5,486,370
7,415,810
4,812,062
and deprec.
$2,362,355
$1,385,991
39,181
18,124
$74,308
18,907
1942
Profit
after expenses
Other income
■
Net
Total
income
for
Fed. inc. and excess
for
Reserve
$1,404,114
111,670
150,000
$2,401,536
royalties, etc
contingencies—,.—
interest,
Provision
loss
168,795
,_*_
profits tax, etc.
1,664,185
Thompson Aircraft
>
Years—
Net
dividends
of
Total
Net
4
value In the opinion of
Deficit
$51,335
*$318,201
$1.58
Int.
$1.66
income
notes
marketable
securities
liabilities
current
March 31,
March
of
1942, including $1,446,425 cash
liabilities, including $1,503,545
1942. These compare with cash and
for
depletion
7,900,000
2,460,000
in
$2,595,023,
including
current
$450,000
assets
of
of
payable
notes
155,
and
$12,741,905
$4,157,810
debt
cumulative
United-Carr
Net
sales
Cost
of
&
"T
-t
c
Other
said
date,
$21.67 per
and
to
with
compare
March 31,
1942
share on the number of
1941.
Consolidated
Net
$14.52
.
V
per
on
&
income
Income
Ended
Year
March
and
taxes
paid
at
source
:
.
taxes
for
•Net
1,993,506
48,547
'
^
<
•
*
.
taxes—
to
at Jan.
surplus
71,897
t397,275
bonds retired
ment
79,244,034
$4,606,790
Income
$14,427,497
Loss
;
disposal of fixed assets
on
U.
sales
and
excise
taxes
banks and
in
108,245
__
Receivables
—
—
$14,250,181
——
income
Materials
(net)
at
Investments
1,906,688
Cash &
and
Federal
Estimated
excess
Net
income
Dividends
income
profits
tax
tax
:
9,338,936
ment of
for
year
_——
$4,442,957
_
paid during year
Consolidated
1,641,415
Deferred
Balance Sheet at March 31,
———
*
Other
Assets—Net
fixed
assets,
(of which
$2,520,086.78 represents
de¬
preciated value of plants leased to others), $12,230,531; facilities cov¬
ered by certificates of necessity
(net), $4,427,514; cash advanced by
•Oil
accounts
accrued
ernment
on
and
notes
repair
departments
and
and
work
receivable
(less
conversion
in
progress
reserve),
contracts
on
for
U,
S.
non-current
Reserve for property
stock ($25 par)—i.
surplus *
stock of
Earned surplus
subsidiary company which has not yet commenced operations,
for contingencies, $147,076; liability for cash advanced
S. Navy Department for construction of Navy-owned facilities
U.
by
;
-
-
—■
—
Total
$2,739,706; notes payable to bank due Oct. 1, 1942, $1,purchase money instalment contract payable 1943 to 1954,
$263,473; first mortgage
50-year sinking fund gold bonds, due
July 1, 1961, of Robins Dry Dock & Repair Co, held by Todd Shipyards
Corp. Retirement System, $536,000; notes payable to banks, $4,750,000;
1941
1-
-
and
$63,419,616 in 1940.—V. 155, p. 2101.
.
.
...
\
.
.•
•*
^
.
i
",
*
-
.
^
I, 1967, have
been called for redemption as of Aug. 1, 1942, at 105 and int.
Pay¬
ment will be made at the Irving Trust Co., One Wall St., N. Y. City.
—V. 144, p. 1302.
total, $61,506,944.—V. 155, p. 2101.
total
of
$23,000
of
income
Total
income
Depreciation
1st mtge. 33/<%
Torrington Co.—To Pay 50-Cent Dividend—
the
common
compares
of
this
were
>
declared a dividend of 50 cents per share on
stock, payable July 1 to holders of record June 23. This
directors
have
with 40 cents paid on April 1,
year.
made.—V.
In preceding quarters,
155, p. 1223.
last, and 50 cents on Jan. 2
distributions of 40 cents each
-
Income
Subsidiaries]
_
$33,618,980 $26,806,899 $25,627,336 $20,473,517
8,585,872
7,870,955
7,957,404
7,493,505
**6,500,000
3,568,023 " 2,670,267
2,168,589
—
taxes
'105,262
Foreign
exchange
Loss ' on
property
-
r
468,110.
286,751
429,625
———
.
146,663
sold
'
abandoned
Net
473,975
losses
on
con¬
Europ. assets
income
Prev.
X
2,616,524
$15,442,609 $14,920,736 $14,101,929 $10,272,747
11,692,189
11,654,688
11,586,388
9,413,940
x—.
Surplus
Previous
$3,750,420
—.
$3,266,048
$2,515,541
X $858,807
37,816,519
—
surplus
charges
37,364,164
34,431,622
35,643,921
restored
to surplus
Bal.
of
•Amt.
447,184
.
1,298,307
reval. res've, etc.
prov.
claims
f
Total
taxes..—.
__£
Reserve
for
Miscell.
$4,253,895
—
'fors con ting.
for
A:
417,000
$41,566,939 $41,928,688 $37,364,164 $40,756,623
abnormal
deductions
"
s
•/
..v—
/
A
—-
_1_ A 4,000,000
"
3,000,000
1,500,000
*685,000
',
*2,612,000
'
——_X;
—
_____L
$2,325,000
bonds, due Feb.
Union Traction Co. of Philadelphia—Bonds Called—
$25,000 of 4% 50-year sinking fund collateral trust mort¬
gage bonds due 1952 have been called for redemption as of July
1,
1942, at 105 and interest. Payment will be made out of sinking fund
moneys at Land Title Bank & Trust Co., trustee, Broad and Chestnut
Sts., Philadelphia, Pa.—V. 149, p. 3422.
A total of
1941.
iSJan. 4, '41
Interest
Surplus
Shares
1—— $37,881,939 $37,816,688
out.
stock
cap.
standing
Earnings
The
—
foreign exch'ge
on
property losses v__—Reserve for .contingen..
.•
in
JDec. 30, '39 liDec. 31. '38
$25,527,860 $24,304,412 $18,914,158
1,190,174
1,141,628
1,322,924
1,559,359
17,325
137,411
*
: "
i
"
Union Terminal Co., Dallas. Tex.—Bonds Called—*
A
1,096,864
$32,411,481
192,530,672 187,469,933
-
depreciation and depletion reserves of $90,911,261 in 1941
$85,882,679 in 1940.
tAfter depreciation reserves of $58,983,249 in
-
purchase money Instalment contract payable, $36,585; accounts payable,
$11,868,841; accrued payrolls, $1,297,654; estimated accrual for taxes,
$12,092,469; miscellaneous accruals, $335,956; advances on work in
progress, $436,322;
——
_**——*_
§Jan. 3, '42
income
Dividends
•After
and
contingencies
Consolidated Income Account I Including
I
Gain
-
(per contra),
263,653
United Fruit Co.—-Annual Report—
tinental
116,656,750 116,656,750
3,699,117
3,699,117
20,141,478
18,584,153
__—
22,150
;
——
1,326,484
573,963
1,268,784 :V 1,138,509
1,842,223
675,356
37,480,000
37,958,500
*
718,808
27,841
i,
—
561,900
-
$330,342
$5,887,075
Other
1,396,478
debt
$415,607
391,351
stock
Prov. for
reserve
337,343;
$5,887,075
1,530,728
inventory revaluation—
for
5,115,905
574,629
1,166,567
7,611,913
- '
705,462
1,166,567
excise taxes—
-
for
Operating
73,639,990. 72,959,278
56,631,916
47,301,654
•
2,012,014 > 1,972,351
*
& other taxes—
Capital
Capital
$44,500;
$7,316,336
$7,316,336
>
.192,530,672 187,469,933
taxes—
for income
debt
(less
$15,882;
4:
*
Total
472,308
—
funded
Funded
reserve),
-•
66,419
2,184,491
207,427
—
Reserve
not
(less
195,722
813,940
—
reserve),
$73,014; miscellaneous investments
deferred charges, $411,917; total, $61,506,944.
Liabilities—Common
stock
(205,065
shares, no
par),
$4,919,674;
earned surplus, $20,701,346; minority stockholders' interest in capital
current
able
(at or below cost)
receivables
J.
on
*■
-
2,533,177
1,228
*
Motor fuel &c other sales &
accrued
v
tAfter depreciation of $1,215,105 in 1942 and
$1,089,332
.JRepresented by 305,192 no par shares.—V. 155, p. 1023.
'
payable
Accrued pay rolls
Dividend payable
Interest
;■
;
1,953,694
1,843
Liabilities—
$12,265,657; materials and supplies, at or below cost, $3,881,817; mar¬
ketable securities at cost, $188,560; other accounts and notes receiv¬
•
77,411
21,554,368
consolidated—
—
Accounts
Gov¬
-
.....—
50,000
or
contracts,
60,027
X"" 23.666
X 34,782
40,784
2,018,997 ^ 1,869,164
1,220,768
,
8,794,143
253,822
—
Total
$14,562,826;
commercial
A
A. 21,371
Earned; surplus ————^^4^^4444;
650,000
7,816,600
248,339
development properties
8c
__*x—-
1,6431779
■
1nSurance_i—> t 67,073
*
Years Ended—
Deferred charges
S.
Navy Dept.
for
construction of
Navy-owned facilities
(per
contra), $2,739,706; advances for construction of facilities to be reim¬
bursed by U. S. Navy Department over 60-month period from com¬
pletion of facilities, $1,825,780; investments in affiliated companies
(not consolidated), $4,047,346;
tools, tool parts, etc., $548,664; cash,
charges
lands
&
tOther properties
U.
$4,287,730;
advs;
126,050
1,004;533
*
1,220,768
1,096,864
,
subsidiaries not
?
income
tCommon
268,467
8,847,833
advances:
security investments
Other
1942
1,169,028
1,776,999
.
100,000
principal of, & interest to, maturity
to
accepts, rec. .(n«t)*-**»-x*—
payable
Accrued-expense#-—'
•Income and exca##/profit#, taxes..
22,233,360
507,971
10,752,273
—
20-year 6%
Advances
1941
$1,052,648
'
14,360,336
1,050,000
,
bonds, series A
L—
Capital stocks of subsidiaries not consolidated
on,
:■••''••>'■.;►
956,654
life
'
31
$1,194,017
—,
—
1
Liabilities—
Government securities for pay¬
U. S.
1942
value
Manufac¬
Subs.)
•Accounts
•
Estimated
Sheet, Mar.
Canadian
'•■■
Total
♦
§#-:
$
20,566,504
cost
at cost
supplies
&
1,438,400
Balance
and
Capital surplus
1940
.
3,933,224
securities,
refined oil products—
Crude and
Balance
Non-recurring
hand
on
securities,
Government
S.
JCinch
.....
$0C45
V.
•
Consolidated
Prepaid expensed ——x—
:-
31
Sheet Dec.
$
Marketable
tax. "
;
surrnder
Reserve
69,071
tonsolldated.^ ;
....
Reserve
other
Assets—
Cash
Total
profits
'
Fastener Co.* of Canada;'Ltd.,
are the
consolidated, English and Australian sub¬
(And Domestic
•
vA;.'-','*':'*
Assets—
collected
fuel and
motor
Comparative Consolidated Balance
Interest
been
18.651,054
Mv:1941
1,913,880
.
Cash
'
$12,513,616
not
are
:
the Federal Govern¬
follows: $16,510,000 in 1941 and $14,057,000 in 1940.
as
have
.-.w
0.52
$1.03
in subsidiariary companies——Sundry notes, accts. rec., invest., etc.__**J—
tProperty, plant and equipment (at cost)—x
•Patents
i*.v^
x
from customers and paid to states, provinces, and
$91,757,650
$137,052
-
.
Investments
$20,141,478 $18,584,153
$1.34
$0.99
—
share—
common
of
,
:
Inventories
-r.
Dec. 31—
*Exclusive
$158,100
$313,272
-
:
*
-
United-Carr
Accts., notes and
,
$24,823,385 $23,257,844
v
15,637.
7,421
4,666,270 A 4,666,270
i
per
3,116
—
Cash dividends
Balance ftt
69,711
37;765
3,140
.16,737
••' "■'■
only. ' tlncluding" excess
that
Government obligations
__—-
.
18,584,153
20-year 6'/o
on
64,972
i
......
—
$0.$7
Cash
Cr924,060
,
^
Premium
that
"
1,382,099
>•;
.
$6,239,232
1
60,878
-
27,927
$311,850 ^ ' 126,306 '
$264,357-
Condensed
1,461,500 :M. 338,768
.
•
£;
';
i"
•
,
——
1
371,051
account-*
1,238,917
*
42,570
> '40,481
contingencies
Sales
sidiaries
$5,909,343
337,605
;
.1939
$1,514,487
1,488,995
*
(est.).'i_.
Co.-'and
turing
■;::".f 821,597 ''t -125,695
income
for
carried
1942
Profit from operations
Other income .......i*...*..--..*..........
par),
no
1940
50,527
Jfcrna. per share of com*'
:*
1,374,150
_
Crl,431,511
older employees
Earnings
;
shares
Subs.)—Earnings—
$1941
.
•
1__
——
(&
2,300,193
^moil^atocfc
$5,594,634
305,709
$8,802,573
Total
1942, were equiva¬
31,
(6,000
less
—_—
applicable to minority interests
Prov.
1
tankships
••
charges for repair and conversion work done
Operating expenses
$8,479,819
322,754
*
Corp.
$1942
Profit
depreciation*.*.___.XI0,008,339^ 10,179,199
sinking of tankship_*_-
Provision
with $8.75 in the fiscal year 1941.
Income,
stock
*$3,084,250 *$2,728,052 •$1,941,302
foreign exch—
Depreciation.
1940
Paym. ^settlement of patent and other claims
share for the fiscal year ended
share amounted in the fiscal year
per
Dividends paid
$8, as compared
$4,798,743;
Investments,
charges,
$111,719;
total,
Loss of
42,200,656
41,187,985
18,863,787.- 18,074,460
against $6,815,077
shares outstanding on
$90,916
and
deductions,
other
—$79,552,601 $75,036,278
r_l—— "
of
Profit
earnings for the fiscal year ended March 31,
to
142,119
2,864,984
3,439,999
augmenting pens,'of retired employee#.
and. cost of past service benefits for certaid
Todd Shipyards Corp.—Annual Report—
Net
preferred
Fastener
comm., inc..
goods
$76,112,602 $72,171,294
_
_
sale of
Balance
lent
$233,033
1
.....$67,140
3Mos.Eiid.Mar.3I—
(&' Subs.)—Earns.
.
__—
funded
on
on
2015.
p.
1.00Q
154,030
income
operating expenses—
■
income
on
Cost
31,
current
1941. Inventories were $9,687,066 in 1942,
1941.—V.
in
of
as
$17,181,954 and
payable, were $8,685,903
%
$232,035
$221,169
-—a—**:.*—,
—Liabilities—$6
the corporation amounted to
products—
operating revenues.& operating expenses
thereon
Loss
assets
to
'• I
■■
,
387
Dr27,919
"1941
oil
refined
and
sales
Total
•Surplus.
Current
.
$600,000; common stock (9,900 shares no par), 820,000; paid-in sur«
plus, $225,000; consolidated earned surplus, $10,669; first lien 5Var/a
gold
bonds, series A,
1951, $2,505,500;
current
liabilities, $92,189;
unearned 'revenue, $47,340; reserves, $641,669; contributions in aid ol
construction, $251,048; total, $5,193,415.—V. 152, p. 3830.
Dr64,801
2
__„
Profit
amounted
»
$518,036
286,001
•
$220,783
i
;
—
Assets—Property, ' plant and
equipment,
current
assets, $278,173; deferred
25,485,492
Years—
crude
■■•■
*$412,664
$0.33
Earnings per common share
1940
$523,892
303,109
i ',•//>>.;
;
—
$4,779;
$18,071,726 less than cost.
Operating Income
Non-operating income
AAAA ■
$522,168
36,181
35,362
*
-
Consolidated Balance' Sheet, 'Dec; 31, 1941
60,634
6,900,000
Selling, administrative & general expenses
147,729,-/^ ; 73,323
147,745
and
v.'-'1
Gross
.
$41,144,954 $42,380,846
operating revenues.
Cost of
111,795
$501,292
34,375
dividends.—
New
138,682
v
25,232,376
.
Union Oil Company of California
Provision
$130,785
profit
Common
1941
•
-
,
earnings
subsidiaries
Preferred
by
1937,
31,
v
revenues
Net profit
$693,215
59,252
437,771
641,153
owned
March
Interest and other deductions.^——
82,200
_______
fair
or
Calendar
•Sales
Other
Develop.,
since
arrears
all
stock
preferred
in
are
155, p. 2191.
Operating expenses and taxes— ***—-*—•
1145,200 no par shares in 1941 and 142,740 in 1942. '
JRepresented by 2,429,318 no par shares.
~
■'
^Represented by 990 in 1942 and 400 In 1941 shares preferred stock.
—V. 155, p. 699.
;
•
1940
$8,801,801
10,094,652
-
Co.
■
$12,457,007
-
;
77,625
$5,193,415.
47,819
—1
their then
on
and deprec._
1
Service
.
sales
171,850
Union Water Service Co. (& Sabs.)—Earnings—
'Investments, including investments in subsidiary corporations, based
on market quotations as at Mar. 31,
1942, or, in the absence thereof,
(Excluding Thompson Aircraft Products Co.)
3 Mos. Ended March 31—
"
•
-
^77,625
6,469
304,639
191,808
>_**•.
$20,487,046,
Cost of sales, expenses
5%
cumulative
on
Public
6,469
——
$3,630,000
2,429,318
and taxes
.
Total
Thompson Products Inc. (& Subs.)—Earnings—
Net
'
171,850
r
on
to holders of record June 22.
2191.
p.
$290,516
$167,852
>
" *
'
14,320
'
114,012
Funded debtA*.****-...*..-> 2,460,000
This
compares with 40 cents per share paid on Dec. 11, last, and 20 cents
on
June 26, 1941.
The previous payment was in May, 1930, when 50
stock,
common
K
14,320
254,283
297,734
purchased——.___x___**•
expense
^Treasury stock
The
the
$23,075
$14,070
—
lien.———
V
292,176
,
2,429,318
_____—
dividends
and
Surplus
10-Cent Dividend—
21,400
*
loans
Bank
22,723
preferred
Operating
-
$3,568,500
—
—
for
for
——————
Calendar
•,
$41,144,954 $42,380,846
—
___
Due
May, 1941
$914,493
April, 1942
Sales
-
payable.,
for securities loaned against cash
Reserve
$544,799
Other income
>
?Common stock
(& Domestic Subs.)—May Sales—
$460,028
requirem'ts—
England
1941
.
101,215
Due
Thermoid Co.
$45,375
amount to $401,063.—V.
*$38,558,772*$39,739,154
2,183,883 ' ' 2,185,522
15,600
68,269
285,484
273,889
receivable
■
stock
Interest accrued
1104.
p.
$36,793
^ •Dividends
;
and divs., etc.
dividends
Liabilities—
tPreferred
3,46,7
——*
—-
Total
stock (132,000 shares, no par), $1,shares, no par), $1,596,173; capital
preference
div.
*5'/c
accrued
stock
convertible
common
.
for securities sold-..*-**'
and
1,282
f•.'<.• •• V'"•'?•'?r .'••••:>'•:
Sheet, Mar. 31
,___
Cash
Receivable
$602,581;
320,000;
$148,672
219,000
1942
Investments
$472,764;
70,750
'
fixed assets
(less depreciation of $2,602,589), $1,formulae, contract rights, etc., $1; deferred charges,
in non-liquid assets of reorganized banks, $114;
plant building and equipment—construction in progress, $206,306; total,
$24,000;
license,
participation
$458,^46
50
7%. prior
on
Mar. 31, 1942, was
on Dec. 31, 1941.
bank loans and funded debt amounted to
Balance
770,182;
payable,
Pfd.
on
•
$52,644;
Liabilities—Accounts
70,750
tures,■■or $92.37 per share of preferred stock.
:>
*'-$5*L332
$45,325
loss on sale of securities.
depreciation of investments
Assets—
•
$36,651
.Vv>-142
Net income
106,063
A. 14,612
$162,172
218,400
.
\
'
«
.
T,708,039
'*!>. '381,418
"
A
.
'
>154,628 .""V 132,641V '1,956,730
•
31,727 * <' ' -30,865
398,212
—•
income
Deductions
Mar. 31, 1942.
Net assets on Mar. 31, 1942, indicated
coverage of $2,399 for each $1,000 of bank loans and deben¬
asset
an
'
(or)
unrealized
$22,453,667
advances to salesmen and employees, $13,257; inven¬
tories, $1,584,054; stock of own. company unretired, $768,756; invest¬
ments (non-affiliated), $10,250; securities of affiliates, not consolidated,
at
cost,
$19,523;
indebtedness
of
affiliates,
not
consolidated,
not
current,
Gross
$340,097
50,781
10,597
$186,403
212,775.
1942^-12 Mos^-1941 ^
$2,813,688 $2,630,789
'$208,831
(incl.
1939
.
A\ 247,211
$294,301 V
1
70,250
Net assets before deducting
marketable
$892,767;
818.90),
depreciation)
$18,071,726, or $994,931 more than
31, 1941
$713,972;
$223,006 ;
revenues
expenses'
Taxes
$23,018
' -' 262,293
65,386
declared-.—
divs.
The
and
10,106
—
*Before profit
>
Balance
hand
on
49,351
8,052
;
'■
Electric^"Co.—Earnings—
3i^';Kl942—Month^l94li.*V
69,867
•Net income
$0.54
$0.02
$341,080
—
Interest
Fref,
Nil
Consolidated
Assets—Cash
securities,
*$237
Taxes
v;
*Surplus.
;
'
$22,278
______
Earn, per sh. on 146,832
shs. com. Stk. (no par)
$308,159
—
■Expenses
$183,919
103,983
36,706
dividends
Common
*
$80,236
profit
306,478
AA
service
income
Total
Preferred
283,468
48,318
for
Gas1 &
Net operating income
Non-operating
income-
1941
Dividend
Operat.
.
1942
Fees
$282,792
40,695
58,178
$183,911
9,419
53,411
-
.
76,710
tax, etc._I_
Corp.—Earnings—
State
Period End. May
Operating
as
3 Mos. End. Mar. 31—
Interest
(•'.
Judge
resigned
Tri-Continental
Profit
Other income
Twin
George A. Welsh announced that Bernard J. Kelly
one of the trustee receivers of the corporation to
accept the appointment of lieutenant commander of the U. S. Navy;
and has gone into; active service at League Island.
Hubert J.- Horan
Jr., an attorney and President of the Broad Street Trust Co., has been
appointed to succeed Mr. Kelly.—V. 150, p. 3530. ■')'[>■
/';• .V'v :'
Federal
;
1940.
1942
sales
Net
Monday, June 22, 1942
Transit Investment Corp.—New Trustee—
31, 1941, net profit was $106,860, or
with $107,296, or two cents a common
quarter of
share, in the December
Y
(no
per
to
-
2,924,300
2,925,000
$5.10
$4.86
-
•
2,896,600
$5.28
share
*Contribution
$37,364,164 $34,431,622
.
par)___
retirement
<
-*•
2,896 600
»
$3.54
trust
fund for employees.
fBalance of
not required restored to surplus.
JAddltional income tax assessments and provision for contingent claims
revaluation
for
further
reserve
on
additional
mail
income
ships
and
other
taxes.
subsidiaries.
fflncluding
European
$500,000 U. S. excess profits taxes.
pean
$Not
including Euro¬
subsidiaries.
**Includes
•
United Printers & Publishers,
•i
Sheet
Balance
Consolidated
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4083
Volume 155
v"
fund
Insurance
[Company's
Leasehold
___;
S.
U.
and
Sugar
other
$
—--——
63,505
—--
373^873
assets
4,363,213
—
!Deferred charges
—
275,812
-
-
—
-
—
/
""
Net
Deferred
payable
income
Other
Total .surplus
1,162,856
Insurance (reserve
Tax
:
,
reserve
Other
.
»
.-
_______
reserves
—-
$1,421,989
______
$1,367,934
Int.,
50,152
changes
Cr3,695
______
1,270,568
1,082,421
$2,100
$83,948
$28,000
49,588
539,693
592,404
$51,688
$623,641
$620,404
52,009
627,499
624,262
$321
$3,858
$3,858
plant
39,596 '
$52,313
deductions--
'
52,634
(deflcit)____
etc.,
—V.
$321
{Sheet
as
Operating
at Feb.'28
investments
'
Other
income
10,969,236
9,876,352
$352,634
$4,651,758
$4,706,499
190
(net)
114,500
'v
:
119,530
Gross
income;
284
■
Interest
deducts,
Net
$350,919
(net)
,5,325
-5,036
$4,657,083
$4,711,595
...
$352,918
\
228,326
Dividends applicable
to
226,457
2,744,629
2,747,548
$122,593
income
$126,461
$1,912,454
$1,964,047
1,704,761
1,704,761
preferred
stocks
.
Balance
:-...Tptal'-.
...
820,533
$350,729
revenues.
1
Goodwill, trade marks and copyrights
1942—12 Mos.—1941
$1,173,167 $15,620,994 $14,582,8:1
;
<,
.
947,026
operat.
30,192
etc.—
salesmen,
&
1,691,138
—
advanced to
Commissions
deducts.
$336,937
1,209', 842
524,995
1,703,580
.
(net)_
machinery and equip.
bigs.,
estate,
Other
4ij>63,481
37,816,519
37,881,939
__L-—
Inventories
Real
1941
$101,663
1942—Month—1941
$1,297,755
revenues—..
rev,
Net
1,206,313
742,386
______
(net)
receivable
notes
;
-
taxes
$1,162,856
23,996
__
and
1759-.
p.
Utah Power & Light Co. (& Subs.)—
Earnings-
Operat.
1942
Cash
Accounts
6,472,123
398,457
155,
Period End. Apr. 30—
50,152
Cr45,074
.
$1,175,532
Assets—
118,499,671
6,990,074
Surplus
$1,110,421
96,834
income
Balance
200,000
200,000
dividends B
dividends
Condensed • Balance
2,924,298
2,924,997
; 1,458,766
956,414
9,750,000 ; ;:9.?5Q-,0.00,
7,735,142
4,622,037
_
_______
1942—12 Mos.—1941
$1,354,516
&
revenues-
from lease of
Gross
950,993
'
'
"
—______—
operat.
Rent
296,298
$259,133
192,375,145 186,103,699
♦Capital stock
—
—H8.499,671
Accounts payable and accrued liabilities,——--/■>,6,704,777
Customers^ and other deposits
-r430,478
Dividends
deducts.
rev.
$98,934
$12,717
revenues____
taxes
'
Liabilities—' "
Co.—Earnings-
1942—Month—1941
$138,298
125,581
Operat.
$416,941
interest and other charges______
Earned surplus at end of year__—____—
Totdl
v
3,155,035
3,729,621
,
Preferred
Common
4,827,022
Materials and supplies
Deferred
$713,239
earned surplus
Previous
9,872,385
'
'
45,154
profit
5,962,760
2,807,411
1,502,419
1,659,719
1.709,320
products——.
$668,085
income
Depreciation,
Net
6,877,524
Merchandise
1,980,213
Operating
10,823,950
-'stX*
-
(net)
receivable
accounts
and
Notes
2,155,935
from
Miscellaneous
14,192,083
3,000,000
tax notes
Other marketable securities
profit
1,210,394
*'153'443
Treasury
2,6.48,298
operations——,
Administrative, selling and other expenses_—_
3,074,451
14,089,291
11,095,040
i
2,627,375
$534,945
Gross
$5,466,944
14,668,077
11,826,166
.
securities__™__—————
Government
S.
(net,)
v
-———
Cash
U.
-
European subsidiaries
in
Investments
,
bonds
and
stocks
Other
.
V,.."-
____.
_
9,750,000
|__——44'3J{
——;.;^3,747,861
stock
own
sales
Net
103,883,837
107,975,322
—_________——ft 9,750,000
—___
Period End. Apr. 30—
1941
$471,440
.
$
assets-
tFixed
Jan. 4, '41
1942
$5,760,802
.
Assets-
Utah Light & Traction
Inc.—Earnings-
/
Years End. Feb. 28—
[Excluding European Subsidiaries!
, ' ;
:
.'B/v-!, V.-7.' i
;■Jan. 3, *42
$3,912,635
/ $3,892,439;
-
—
-V.
$259,28C
vWA.-A v
—$207,693;
155, p. 2102.
'
-
Liabilities—.
1
I
Total
! 192,375,145 186,103,699
Accounts
in
in
Accrued
(& Subs*)-—Earnings—
1942—3
Period End. Feb. 28—
Oper.
$3,892,439
Net
revs.——.
oper.
(net):—-
Other income
Cross
Net
income
•
:
•
152,
3,871,346
506,822
3 Months Ended
Gross
1940
1941
1942
March 31—
$12,558,603 $11,228,781
revenues
$9,164,683
271,353!
177,785
30,999
122,709
45,678
75,725
216,490
28,611
Interest, depreciation, etc
Fed. inc. and excess profits tax, etc.
146,145
'
206
public—subsidiaries-_
$4,717,847
profit __________
per; share on 299,566 shares
(no par)
155, p. 1928.
Earns,
appllc.
,
—V.
$4,717,021
$7,558,980
$2,276,715
mi¬
to
63,270
9,788
193,195
$3,453,026
$2,266,927
$7,365,785
$4,575,820
of Company
Earnings
revs.—nat.
Total
oper.
$4,124,050
gas—
($20 par)
9,360,211
8,450,700
2,956,203
3,512,627
in
$771,948;
income
$984,003
$10;
2,214,559
.
8,333,260
6,657,222
$4,040,678
$2,725>891
$9,317,263
1,012,417
3,852,437
$291,358
$0,75
.
, .
taxes, etc.—V. 155, p. 608.
$7,4$2(482
956,807
income
1941
1942*
$327,372
per share on 385,603 shares common! *
$0.85
depreciation, Federal and Canadian income and excess profits
Earnings
3,877,172
70,720
$155,791
48,373-
49,393
$178,896'
$106,398
81,
1943"
-
■
$262,319; accounts receivable,
(less reserve for doubtful notes),
Deposits
in
closed
contract,.
banks
$6,192;
(less
taxes,
insurance
established
milk
supply
system,
nominal
April
payable
1,
1942,
$319,544;
reserve
and
accrued
expenses,
(12,000 shares no par), $960,000; common stock
$75,000;
$721,274;
Sheahan
Emmet
$3,083,871
income
Net
-V,
$3,605,310
$5,464,826
$1,713,474
capital surplus,
$438,646;
(75,000 shares at
earned
surplus,
$298,497;
.
Vecder-Root, Inc.—Earnings—
20 Weeks End.—
of
Earns,
May 16, '42 MarT7, '41
parent corp. before Fed. income taxes
from subsidiary companies
$425,973
received
DivS.
Total
earnings before Fed.
income
$628,047
23,360
taxes.
n fcso
$449,333
income taxe3
$639,727
♦214,130
♦144,520
Company
The
Company Act.
.
'
the
that
■
company
.
:
United Telephone
and
~
Utilities,
Utilities,
75% of the common stock of United
remainder being owned by the Bell Telephone
1937,
Inc.,
Telephone of Pa., the
Co. of Pa.—V. 152, p.
owns
Inc.—New Director—.
Vice-President
Seguine,
A.
and
Sales Manager, has
General
155, p-. 2016.
40,300
reecivable__._
376,908
.*
'^36Y087
1,243,078
.1,788,312
assets—264,548
.190,650
Other
(net)—
l
Investments in subsidiaries
Liabilities—
208,203
208,203
$6,092,500
$5,721,471
$57,882
$82,054
871,834
(cost)
566,996
•
Total
.
payable_L.!!__
this
payable
taxes,
year
reserves,. miscellaneous____
149,374
104,526
.___
i
(200,000
Earned
par
shares)
126,088
2(500,000
1,595,625
$5,721,471
....
surplus
Capital
no
2,500,000
$6,092,500
contracts
on
69,098
1,787,826
701,334;
deposits
Capital stock
surplus
Total
•701,334
155, p. 1759.
Vertientes-Camaguey Sugar Co,
—
25-Cent Common
Dividend—Additional Bonds Acquired—
The
directors
the
on
distribution
20 cents
Feb.
on
of
its
15
declared
made
a
dividend
April
on
announced
5 %
$1,739,000.
first
The
that
it
mortgage
original
of
25
cents per share
1 to holders of record July 15.
payable Aug.
was
has
A
which compares with
Feb. 1 and Aug.
last,
15,
1, 1942, and 10 cents each on
company
amount
time
June
on
stock,
common
The
Joseph
been elected a member of the board of direetore.—V.
$904,973
1,019,168
tax notes—
2,048,336
assets
-V.
Ma^f'41
924,145
.1,266,386
Fixed
similar
United Wallpaper Factories*
2 $2.13
$963,674
Inventories
Hancock Mutual Life Insurance Co.
United
'•
dates.
May 16, '42
S. Treasury
Customers'
company
of statement
Government obligationsz
S.
Accrued
Sub. Stock—
as
_______________________________________
U.
Current accounts
151', p. 1009.
has filed an- application with the SEC to purchase
1,500 shares of common stock of the United Telephone Co. of Pa., at
a
price of $50 per share. The application states that the purchase in
accordance
with a proposal of the United Telephone Co. of Pa., a
subsidiary of the company, to place in permanent form its temporary
financing .by the sale of 1,500 -shares of common stock to the com¬
pany and the sale of $146,000' of 3 V2%
first mortgage bonds to the
The
John
$1.52
effect
Assets—
■Cash:
Co. ol Pa.—To Sell Bonds Privately
Inc.—"V.
United Utilities Inc.—To Purchase
that they be merged and heard
substantially the same legal principles,
expedited.
Jones approved
Alvin
Charles
Judge
"
$0.65
general counsel for the SEC,
asslstent
together because both involve
a decision could, thus be
*
$0.26
$275,597
'
Comparative Balance Sheet
Accruals- and
corporation^ in the corporate set-up constitute an "integrated
system?' and which do not. ' * *
-'
.
.
>
.
,
Consolidation of the two appeals was the outcome of an agreement
between Thomas B. K. Ringe, counsel for UGI, and Herbert B. Cohen,
;
1941
$359,859
sh; on 550,000 shrs. cap. stk. ($1 par)
See ..United
..150,000
$204,813
share
per
Notes and accounts
1942
$142,387
& Stock to Parent—
the
"
Inc.—Earnings—
Quarter Ended March 31—
income after all charges and taxes
Earn: per
Crystal Ice Co., National Ice & Service Co., New State Ice Co.,
St. Louis County Water Co., Springfield Ice & Refrigeration Co. and
Camden County Land Co.
Both
orders were made by the SEC under section 11
(B) (1) of
the Public Utility Holding Company Act of 1935 on the ground chat
these companies were not part of an integrated utility system.
UGI, in appeals to the Circuit Court for annulment of the orders,
attacked them on the ground they are "unconstitutional, arbitrary and
capricious" and in violation of the "due process clause."
It
maintained that the two separate orders were contrary to the
intention of the law, which, UGI argued, forbade the mak ng of "piece¬
meal, fragmentary, adverse orders" on holding companies.
UGI con¬
tended that the SEC should have withheld any decrees of divesture
until it had made a complete and final determination as to which of
•/
operate.—V. 155, p. 2102.*
has requested this company to
—V,-155, p. 2191.
age Co.,
•
Earnings
Net
Railway & Lighting Co.
The order, made July 31, 1S41, and reaffirmed by the SEC on May 7,
orders the company to dispose of its holdings in the Welsbach Co.,
Commonwealth Util'ties Corp., Arizona Ice & Cold Storage Co., Home
Ice Co.
Galveston Ice & Cold Storage Co.. Merchants Ice & Cold Stor¬
100,000
;
earnings over dividends paid__
♦Computed on tax rates in
United States Truck Lines,
.
the Commission
of
order
of
U.
against UGI, made on April 15, 1941,
dispose of the stock that it owns in the
Arizona Power Corp., Concord Gas Co., Manchester Gas Co., Wyandotte
County Gas Co., Nashville Gas & Heating Co., New Haven Gas & Light
Co., Hartford Gas Co., Bridgeport Gas & Light Co. and Connecticut
One
requires
a
last year
"death sentence" clause of the Holding
the integration section of the
.
Excess
has received a contract from the War Department to
new manufacturing
plant in Ohio, it was announced on
This is the third
arsenal which the Government in the
17.
June
appeals from two separate
paid
■
$425,597
Mr.
company
operate
13 in the Third Circuit Court at Philadelphia
orders directed against ,t by the SEC under
filed June
Dividends
New Plant—
Orders by
the SEC—
'■
appointed assistant to F. B. Davis Jr.,
Sheahan formerly was general man-
been
has
company.
;.' V, *. '
$304,813
the company's tlrej divislon.-
age? of
United Gas Improvement Co.- -Challenges
this
of
President
155, p. 2102.
divi¬
$12,000; reserve for Federal and State
for contingencies, $15,000; $4 preferred
tb President.—
United States Rubber Cb.—Asst.
value,
$2,839,962.
total, $2,839,962-.—V. 154* p. 1153.
Federal
other
and
int.
deductions
of
reserve
reciprocal
,
Total
$0.42
-'
hand,
on
and-surplus reserve, $8,053; prepaid expenses, $7,013;
machinery and equipment (less reserve for depreciation
$966,427;
total,
each),
$1.00
*;
...
fund
payable
stock
$1
March
Sheet,
sales
$1.42
"
$1.14
$816,347;
Liabilities—Accounts
dends
32.39
$1.25-
receivable
notes
cow
share—
share__
and
conditional
$927,017),
$1,000;
Subs.)—Earnings—
31—
"Net" profit♦After
Gross
1,196,373
1,195,662
1,194,960
1,194,157
$0.84
$0.94
$0,77
$0,71
Federal taxes, etc.. tFederal incoms
increased rates. SRevised.—V. 155, p. 1024.
United States Playing Card Co* (&
$825,260
$511,332
$611,423
3,420,255
—natural gas
$1,266„773
.___
taxes based on
ai6,200
.
stock
banks
inventories,
$791),
of
1939
$990,696
1940
$1,062,921
$1941
interest,, depreciation,
■
$226,511
$227,269
,
paid
Balance
income
3 Months Ended March
Net operating revenues
Other
♦After
$9,275,960
deduc-
rev.
tions
(& Subs.)—Earnings—
Earned per share______
1912—12 Mos.—1941 ??:
$3,467,535 $10,344,214
155,
1941
-
$543,459
Approximate earnings per common
subscribers'
"
stock outstanding
Only
1942—3 Mos—1941
Period End. Pel*. 28—
income
Com.
*
1942-
•
-
Common dividends paid per
Added to surplus
$652;
$0.19
$0.3.9
$0.14
1942
t$l,141,894
March 31—
♦Net
Balance
Oper.
United States Gypsum Co.
3 Mos. End.
141,201
nority interests-
-V..
director,
a
....
common
on
land, buildings,
$3,516,296
Portion
elected
,*
„
!
dividends
Earnings
net,
;
,
capital stock
826
'
been
taxes____
income—
Assets—Cash
Net
;
to
dividends
has
York,
Subs.)—Earnings—
4,102,047
$2,276,921 : $7,558,980
$3,516,296
Balance
Preferred
New
Years Ended March 31—
Net income before
Net
Operating profit
$8,819,894
1,075,286
Grant,
Van Camp Milk Co.—Earn ings—
334,344
4141.
p.
United States Freight Co. (&
264,196
and
1,023,540
—_——
_______
——
Preferred
$8,555,698
$3,352,201 $11,430,326
E.
1687.
Puovisiou lot taxes—..
—V.
35,108,032
$3,335,508 $11,036,715
16,69a
393,611
$4,354,110
185,726
$4,539,836
______
to public
deductions
int.
other
.
Vanadium Corp; of America—New DirectorLester
p.
$3,912,635
Total
$43,663,730
40,614,582
10,256,991
531,165
1,162,856
Mos,—-1941 B 1942—12 Mos.—1941 v
12,284,365
taxes
101,830
504,303
1,175,532
surplus
surplus
deductions
rev.
and
163,00C
173,554
483,906
1,000,000
—
1,000,000
Earned
$16,638,475 $13,592,490 $51,651,297
and other taxes
expenses
Capital
Total oper. revs.__;_—
$112,617
mortgages—.
Cumulative preference stock ($10 par)—
Common stock ($1 par)
—334,344
$50,225.—V. 155, p: 1608.
United Gas Corp.
$94,326
—,
Federal income taxes
and
Bonds
value of
t70O shares having a market
1941.
in
1942 and $12,283,487
for
126,473
payable
Provision
bv 2,925,000 no par shares (including 700 shares held
treasury in 1942).
tAfter reserves for depreciation of $140,349', 163
1942
and $141,801,807 in 1941 and revaluation of $10,824,704 in
"Represented
acquired
$1,000,000
bonds, leaving outstanding
amounted to
issue
p. 2016.
Universal Cooler Corp.—Earnings—
Period End, March 31—
the stipulation signed by Mr.'
1942—* Mos.—1941
Virginia Electric & Power Co.—
1942—6 Mos.—1941
-
profit
$23,878
$$106,383
$27,722
$$174,083
■[Earnings per share—
$0*24
Nil
$0,27'
'
Nil
,*After .taxes, depreciation, interest, etc.
[On 101,078 shares of $1
class A convertible participating stock. $Loss,—V, 155-, pv 643.
Period End. April 30-
"Net
•
and Mr. Cohen and signed an order of consolidation and also,
at the request of the lawyers, extended until July 8 the time for the
sec to file the' record iii the proceedings involving the corporations.
Ringe
.
Operating
Operation
1942—Month—1941
$2,302,665
685,408
198,369
Maintenance
$1,935,842
833,886
revenues
OtUUC7,
1,689,587
:
-
electric
-
June
687,596kwlu
.
Universal-Cyclops Steel Co.—Earnings—
for the UGI system companies for i the week
amounted to 115,218,470 kwh., as against 101.last year, or an increase of, 13,530,874
kwli,, or 13.3%.—V. 155, p. 2287." "
'-The
ended
-
output
13,
profit
J United Paperboard Co. (& Subs.)—Earnings—
*'
t
Net
Cost
>i
,
3
,
.
•
of
sales and expenses,
Operating
Other
Feb. 28, '42 Feb. 22,'41
$2,353,931
$^»188,092
ssites
etc.—3,612,996^.2,291,197
i
28,588
Income
deductions
common
per
charges
and
share______
State income
43,951
(& Subs.)—Earnings—
Universal Pictures Co., Ine.
23,647
Net
—
71,222
78,072
201,000
364
$287,511
♦$4,529
$1.03
_________—
Earnings per common share____
♦Loss.—V. 155, p. 1520.
prof, after all chgs.
May 3, '41
$2,223,319
♦1,337,902
May 2, '42
—
for
Prov.
Spec,
Fed.
inc.
tax
$1,055,539
$3,741,634
Corp.—New Director—,
Wogan,
:
.•,
.■
■■
•.
<
in
r
•
?
♦1,778,458
Interest
and
amortiz
_____%
dividend
Balance for
-V,
.t
:
f
>
}
'
t'
40,885
145,478
1,810,963
$5,722,301
1,759,336
$226,504
$317,325
$3,616,479
$3,'962,968
1,171,602
stock and surplus.
1,171,603
$2,444,877
—___■*
$2,791,366
155, p. 2016.
Virginia Public Service Co.—Paying
The
Manufacturers Trust Co.
Agent—
Paying
bonds, series due 1972.—V. 155,
'•« ;
has been appointed New York
mortgage 3%%
first
for the
2287.
p.
$885,158
;
$5,427,442
232,075
$815,539
[$1,731,100
$1,369,334
provision .for .Federal excess profits taxes.
[Includes an
of-restricted funds in Great Britain during such 26 weeks'
r
212
$462,803
requirements
common
Federal income and excess profits
The
Corp.—Dividend Again Reduced—
pares
31,
declared a dividend of 10 cents per share on the
payable July 1 to holders of record June 19. Th'iS com¬
directors have
common
stock,
with 20 cents per share paid on April 1,
and 30 cents each on April 1, July
1128.
■
Vv";
1941,
—V. 155, p.
V
a
2,004,160
$5,763,190
$5,471,656
44,214
151,365
—
Balance
Agent
period of $409,969 and provision for
taxes thereon.—V. 153,. p. 2288.
!
i
2,203,648
1,484
income—net
Balance
390,000
—
—
Increase
director,
164,490
*S $463,015
$377,869
revs_-
Wagner Baking
Profit
General Manager, has been elected a
increasing the membership of the board to 20.—V. 155, p. 511.
F.
Joseph
Other
$1,759,334
240,000
for write¬
equities in foreign
reserve
subsidiaries
194,003
$376,386
taxes
Net operating
May 3, '41
♦Includes
." 'United Shoe Machinery
2,025,845
Nil
•___
profit
4,049,700
-26 Weeks Ended-
May 2, *42
Period—•
off
Net
269,900
Preferred
1128.
; p.
$97,554
«
Depreciation
Federal income taxes.
474,700
.
34,819
$603,684
income
2,394,891
taxes
income
1940
$391,800
-13 Weeks EndedTotal
2,584,542
$62,740
$575,096
income
1941
$207,822
$0.73
$0.41
$0.78
and Federal normal and excess
profits taxes. [On .500,000 shares (par $1).
;
'
Note—Report states that provision for Federal taxes for first quarter
of 1942 is based on an interpretation of current proposals before the
Ways and Means Committee of the House of Representatives.—V. 155,
[Earnings
♦After
V,: 9 Months Ended—
210,167
•
-♦Net
in the same period
..
;
225,321
Other
1942
$364,139
3 Months Ended March 31—
1942
2,059,213
_l—•
Federal
Weekly Output—.
142,863
Depreciation
■)
t
:i~4
'
o
*,
A.
t
I
'<
,
■
*
>
r
'
,
•
i
,«•
,■■■:/:
••
i
r
V':/:
*
.
t
> • ;
last, 40 rents oil D°c.
1 and Oct. 1, 1941.
.-Br ,■
r
j .»
'' - tv
t
2376
THE COMMERCIAL & FINANCIAL CHRONICLE
Walgreen Co.—May Sales Up 15.8%—
"flu*.
is
Period End. May 31—
Sales
—v.
1942—Month—1941
;
_
$7,909,842
'
155, p. 2103.
it is stated.
1942—5 Mos.—1941
the
—V.
■/<'/,
lowest
155,
$6,843,723 $37,695,384 $33,117,060
v;.
month
A
Since
the bonus
ago
March,
1940,
3%.
was
when
the
The
June
••
before
Interest
interest,
Consolidated
funded
on
1942
etc.
taxes,
and
notes
on
debt
Federal
State
income
income
Net
profits
taxes—
taxes
2,378,454
per
share
common
6,327
14,500
.$427,775
$0.22
■;
expenses
directors
the
common
record
June
made
June
on
stock,
25.
On
this
on
15
declared
no
value,
par
Dec. 29,
issue,
last,
which
1957, when 70 cents per share
p.
1532).—V. 155, p. 1224.
dividend
a
0
payable
July
distribution of
a
the
was
first
2
25
holders
to
for
of
Dec.
(net),
•Total
revenues
oper.
and
(see V.
154,
Net
oper.
Other
revenues.-
income
Gross
int.
and
8,766,438
$2,738,081
$1,187,950;
41,800
income
$185,000
$2,779,881
Dividends
64,167
770.000
5,497
13,767
96,812
gfc
operat.
Total
oper.
$1,915,493
•
month
provisions
and
$126,627
additional
to
—v..
p.
155,
the
for
Federal
622,518
period
$1,292,975
amounts
>,
taxes
twelve
the
for
2016.
for
_—
__
Includes
The
required
$32,249
of
under
the
April 30,
Revenue Act of
the
operat.
&
30
cents
declared
distribution
Dec.
on
31,
Total
1942,
Dividend
—
dividend
a
made
was
of
18
further
a
int.
On
May. 31,
included
and
1942,
107
the
cents
portfolio
consisted
of
lative
share,
per
last,
138
of
the
Bonds
'
$1,373,200
Defense
Bonds
Cash
_
$6
on
$443,690
$2,169,491
V
'
.
resources
155, p.
$5,515,389.51
_t
—
1,467
9,336
$2,178,828
letter
225,521
234,045
917,069
June
1,
1942,
addressed
the
to
stockholders
o(
Wellington Oil Co. of Delaware by the Seaboard Oil Co. of Delaware,
the latter company has offered to
acquire shares of the Wellington,,
capital
stock
provisions
said
at
of
letter.
$3.35-.a
share
agreement
an
Stockholders
under
dated
who
and
of
as
desire
subject
June
1,
to
the
1942,
and
terms
referred
to
inv
stock
George
stated
Luhn,
that
Seaboard
Vice-President
the
Oil
of
set
tentatively, he said,
outstanding obligations.
The
sale
of
arcres
interests
of
leases,
in
than
would
be
The
at
Oil
cash
Delaware.
$3,500,000
$211,112
$1,261,758
plus
Co.,
June
on
transferred
June
consideration
assumption
of
17,
29
has
to
been
$730,000
in
in
involves
company
southwest Texas,
300
and
oil
and
wells.
gas
more
than 440,000
ownership of royalty
It
109
operates
crude
number of gas and condensate producers, these having
daily allowable approximating 2,500 barrels.—V. 155, p. 2103.
a
'
'*"•
-''.V.I,
See
See
"Chronicle," Thursday, June
1Q8.242
430,063
433,933
$102,871
$831,695
$604,052
1942
capital stock,
16.
A
the
have
no
similar
par
a
was
regular
153
Cr950
4,650
of
40
47,505
42,307
to
share
holders of
March
on
per
31,
50
*415,400
70,600
Period End. Apr. 30—
on
Telegraph & cable
expenses
$176,096
Net
June
Previously,
cents
per
share.
,
*
Uncollect,
Taxes
operat.
assign,
Non-operating
Gross
Deduct,
942,366
—V.
income
______
gross
32,217,221
,
$7,150,283
$6,088,215
196,403
139 459
3,032,179
$3,978,695
460,593
506,490
$1,316,018
$1,430,808
581,902
584,820
$734,116
tProperty,
$845,988
Westinghouse Electric & Mfg. Co. (&
charges
of
1942—Month—1941
—$753,805
$1.82
7%
in
1942
and
2,592,155 in 1941 shares of
common
plant
and
Upward 2%
salaries
Accts.
$4,382,294
2,334,608
>'•
145,736
1,825,054
927,726
2,127,438
3,407,594
in
dividends
payable, $516; liabilities in
privilege dividend taxes, $9,426;
treasury stock, Dr$218,097: capital
surplus, accumulated since Dec. 31, 1932,
depreciation in value of marketable securities.
p. 832.
Exchange, June
(par
$2).—V.
15,
155,
p.
from listed trading
removed
2288.
1942
1941
$13,515,381
$10,703,196
,
:
partially
completed
9,139,497
orders
loss
at
not
closed
7,170,842
$784,000
31
6,597.051
14,659,256
Mar.
t$70,000
to
account
(approximately)
before surplus charges,
are
income and
excess
profits
customarily established at the end of the year,
reserves
2,090,987
equipment
$726,124
income
Reserve
for
current
and
for
taxes
tCapital stock
§Capital surplus
Earned
Federal
199,077
•
Jan.
On
Gross
etc
1942.
tAfter
in
for
reserve
by
large majority
a
of
the pre¬
of York Ice Machinery Corp over a
the contentions of the corporation in
The stockholders will be further advised of subsequent
the merger of
on
June
8
this cornoration
by
U.
S.
the York
and
District Judge
Albert
L.
Pa.
1941,
accounts
of
1
398,338
2,050,000
450,000
1,102,190
$40,773
depreciation
of
Apr. 30—
1942
1941
:
$1,347,634
$2,638,236
792,475
847,555
$555,159
$1,790,681
123,407
84,712
$678,566
1—
-—
193,464 '
'
—
Other
in
1941
$1,428,317
——
-
-
—
income
$1,875,393
——
-
—
—
2,050,000
450,000
791,872
Total
$5,421,984
Federal
and
in
—
'
Balance
Income
Interest,
doubtful
approved
upheld
415,400
$8,569,314
for
was
profit
Expenses
750,000
———————
reserve
25,
9 Mos. End.
595,000
1,350,000
,
_l__
—
•After
specially sitting
the York Ice Machinery Corp. submitted its plan
to merge with the York Corp., but a suit was brought by several Indi¬
viduals against the company to halt the merger.—V. 155, p. 512.
/
116,758
1,243,586
taxes
_——
surplus
District Court,
(L. A.) Young Spring & Wire Corp (& Subs.)—Ears.
...
Reserve for contingencies,
S.
stockholders
decision
opinion permitting
was handed down
400,000
etc
expenses.—.
years
respect.
Corp.
$409,490
taxes,
prior years
loans
which
common
The
Watson of Scranton,
49,957
—300,000
U.
$5,421,984
royalties,
bank__
the
Merger Ratified—
•
to
Merger Dismissed—
developments affected by this decision.
2
127,506
Corp.
and
every
25,000
82,164
1,564,159
2
and
accts.—payrolls
Federal
Excess
$51,851
1941
-
——
etc.
and
63,231
'
income
Canadian
profits
taxes
taxes
69,305
190,931
436,307
—-—
352,585
$424,404
$1,017,195
—
—
and
1942.
tRepresented by 160,583 no par shares after de¬
shares reacquired and held In
treasury. ^Arising from
reduction of capital.—V. 154, p. 1307.
<'
'.
Net
3,417
profit
•Earnings
•On
(&
——
—
——
share—
per
$1.03
—
(net)
Interest
for
and
excess
$7,522,634
1,789,139
175,835
137815
1,226,400
and
of
699',700
depletion
debt
expense___
taxes
profits
taxes
profit for period
Earnings
per
155,
Corp.
common
Fed.
$2.43
—
income and capital
—
$2,513,629
Net
$2,206,429
$2 27
$1 92
share
Other
4,074,043
3,252,598
101,976
48,961
217,621
48,961
95,824
380,040
34l|o25
$348,814
Dr35,841
Dr31,419
$1,327,362
$1,005,645'- $16,102;
Drl45,375
£>rl61,694
Dr30,782
Drl21,333
Dr 128,^42
$309,156
$281,554
$1,060,654
$715,609
3,898
7,995
12.558
;
after
Hire
2,35o!645
of
Joint
taxes-
$372,873
equipment_____
facility
railway
oper.
Dr32,935
rents
Net
Other
income—net
inc.
"
—
Z)rl,162
:• S.1
$2,047,686
$2,134 540
Inc.
avail,
for
Subs.)—Earnings
Rent
and
for
$307,993
on the
combined 79,974 ~
and 3,126,581 in 1942 and
•
•
equipment
$285,452
6,658
$1,068,649
of
amortization
Road
companv
will
be
adjusted
tDoes
on
charges
;
(in
not
9,107
of
31,543
$1,075,254
m
.
v
.
$738,083
492,464
492,464
$2.51,
for
bills
doubtful
royalties and manufacturing
interest
being
at
deferred
television
goodwill,
deposit
on
Balance
Sheet, April 30,
and
cost,
hand,
U.
charges,
broadcasting
$1,719,728;
income,
on
excise
stations
$377,900;
receivables
(less
S.
of
fixed
assets
$461,765),
(less
$663,738
(nominal value),
$1;
not
paid,
'
.
1
.;
radio
for
and
trademarks and
J'
$1,333,496;
sundry
payable,
$95,590;
compensation, $761,160; accrued Federal taxes based
$1,473,741;
taxes,
(500,000
other
etc.,
total,
accruals,
$491,146^
including
deferred
$12,602,872.- ~
shares no
par), $3,609,910;
earned
V
royalties,
income,
property
$4,045;
surplus,
'
100%
capital
$4,833,783;
^i;.;.'.V.,
:
On War Work—
'•
'7
>•
•
and
reserve
reserves
$2,084,785;
$12,602,872.
creditors,
Government
$100,501
inventories, $3,233,409; other assets,
$155,964;
total,
27 822
36,607
on
$2,849,989;
amortization
Liabilities—Trade
,
The
company's
100%
-
"
1942
and
manufacturing
division
is
now
>•' '
on
war
vices
and
the
production
for
various
branches
of
the
as reflected
''«
,
..'I- -.t *
'J
..
)
of
wartime
company
has
attained
large-scale
output
communications and electronic equipment.—V.
'
;
•
reported
73,493
accrued
$2.15
including
expenses,
v;V
accounts), $2,164,995;
depreciation
1,782
25,189
492,464
$1.50
—
$1,010,475
projects:
1,782
1
$1,236,438
$3.32
of
deprec.)
include
■■
$269,688
defense
______
excess
*
corporate books.—V. 155, p. 2104.
t
Treasury
$728,167
26,631
—
$293,548
12,113
plant, etc.
stock
6,658
7,787
—
Net after fixed
Crl85,715
492,464
«
Int. being accr. & paid
•Includes
Assets—Cash
and
road
111,743
278,024
-
fixed
leased
78,332
176,803
$1,637,049
deduction
accrued wages and
tFixed charges:
1942—5 Mos.—1941
82,803
560,782
Cr242,788
Consolidated
$4,648,228
918,109
income,
:
.
share.—
1942—4 Mos—1941
$5,999,066
1,089,615
95,965
Taxes—Federal
$3,621,180
2,144,045
'
—
per
maintenance of
Co.—Earnings—
1942—Month—1941
$1,660,428
$1,411,708
expenses
1939
1,808,394
dividends-—-——
•After
revenues
1940
$2,615,897
1,436,098
profit
Cash
Earnings
Period End. April 30—
1941
2,979,259
1,639,000
—
Wisconsin Central Ry.
Subs.)—Earnings$4,859,281
adjust., net_
year
2104.
p.
$6,002,437
3,057,282
.••114,797
profits
Stock tax
Prior
(&
155,
1942
April 30—
Depreciation
2016..
p.
Years Ended
•Manufacturing
$4,833,083
1,967,770
_______—_____
depreciation
income
155,746
Selling & adm. expenses
amortization
Federal
$4,677,337 y:
79,164
shares of common stock.—V.
408,658 no par
Zenith Radio
1941
$7,443,470
_____
income
Provision
stock..
this
Subs.)—Earnings
1942
operations
income
Total
1941
stock,
of
for
reserve
Wisconsin
(including
figures
ago.'
An
25,000
118,164
„_
$8,569,314
payable
Accrd.
$4 485 185
this month in.accordance with the wage and salary plan,
$499,802
year
V"-'
charges
normal
employees
1941
——
pay.—purchases,
Notes
Equip,
of
stock
and
York
ferred
goodwill
& Liabilities—
Wage Bonus—
Wages
less
.....
Wilmington, Del., on June 8 handed down a decision dismissing the
proceedings brought to enjoin the merger of York Ice Machinery Corp.
Sangamo Weston
Total
_
$2,093,344 *$5,852,678 *$9,998,347
$3.74
participating preferred
cost
earned
Suit Against
120,189
—
•Equal to
(at
in
1942
"•
(
—
charges
shares
fixtures
$669,565;
Judge Albert L. Watson of
$39,118
31
—
—
and
Deferred
155, p. 2288.
and
of
York Curb
taxes and other
$854,818
'
.
Other assets
Net
$3,921,701
Period End. May 31—
Net
profit
after
taxes
March
receivable—trade.
1,970,061
107,641
income —
*
Investment in capital stock of
Ltd. (Eng.)
————•
Patents
Sheet
—,
accounts
and
•Total
$1,323,167
,
Balance
'•
securities
28,776,644
97,253
inc.
$352;
par),
.
$1,218,765
income,
from
$1,858,940
37,658
498,115
49,834
opers.
to
revs.
\
—
Total
Operating income
Net
7,555,716
$2,210,965
$53,963;
payable—banks, $250,000; accounts pay¬
taxes, $2,400; provision for retirement of
for
State
($1
earnings
with
'•
Marketable
Net
1942—4 Mos.—1941
; '
—
notes
unrealized
•These
share of capital stock.
$9,414,656 $39,367,504 $34,864,859
oper.
revenues
•Net
13,688
$284,121
..
telegraph & cable
oper.
banks,
prepaid expenses and other deferred
and
contracts)
$1,162,000 in 1942 and $202,000 in 1941 provision for ex¬
profits tax. tEquivalent to 73 cents in 1942 and $1.59 in 1941 per
—V.
8,400,259
$23,896
V
,
in
$52,806
t$118,140
$37,849
Inc.—Earnings—
1942—Month—1941
—
$12,990
1942
deposits"
fLoss.
the
oper.
$10,611,224
with
filled
profit
15,600
———
Other
record
last.
....
revenues
31,
total, $1,091,927.
$730;
stock,
booked
41,961
6 Mos. End. Apr. 30—
cents
dividends of
Union Telegraph Co.,
Telegraph & cable
Mar.
demand
$1,004,596;
furniture
provision
capital
common
Cr4,919
78.952
$284,121
2302.
page
155, p. 1223.
Western
Sheet,
and
3,500
receivable, $8,618; accounts receivable—due on
through brokers, $23,197; marketable securities—at
values,
$24,888;
Uncompleted
$105,448
(net)
West Virginia Pulp & Paper Co.
dividend
made
1,500
7,495
Cr23,797
.
18,
quarterly
1,163
6 Mos. End. Mar. 31—
1939
n,213,000
Federal
—V.
1940
$401,677
80,291
$1,592,528
(Wash.)—Registers with
value, payable June 30
distribution
paid
company
declared
1,264
$7,077
$11,098
6,608
Crl0,374 x
York Ice Machinery Corp.—Earnings, Etc.—
j
;
(& Subs.)—Earns.
1941
$718,343
$1,410,246
t$256,388
ducting
Western Massachusetts Cos.—40-Cent Dividend—
directors
953
825
hand
office
Orders
taxes
Profits from
The
$11,989
5,926
Drl95
interest
$498,601;
the
80,291
in
Western Investors Fund, Inc.
SEC—
$823;
The New
•
Net profit
(Oregon)—Registers with
"Chronicle," Thursday, June 18, p. 2302.
$15,314
Wolverine Tube Co.—Stock Off List—
amort-
&
Total
Western Investors Fund, Inc.
SEC—
and
securities
stock
$1,037,986
Dividends
Bank
Wellington
mostly
more
producers plus
a
the
Wellington
stock
company's
Corp.
of
$11,057
Dr$533,128; total, $1,091,927.—V. 155,
to
accevtf^his offer should send
certificates to Citizens National Truijt & Savings Bank of
Los Angeles so that
they reach said depositary not later than June 29,
1942.
■
^
their
$11,989
939,214
$262,640
107,280
=?Notes
dated
of
$387,403;
for
Inventories
a
1939
$15,314
1,250
on
surplus,
$1,977,201
de¬
expenses.-
Assets—
Wellington Oil Co. of Del.—Offer to Stockholders—
In
the
on
,
5.390
taxes-
common
Dr2.967
$445,157
Consolidated
>
20.
1940
Cr337
invests.
income
preferred
1760.
p.
'
100.00%
the
1941
$8,747
of
income
connection
$155,360
deductions
.67
1608.
for
able,
$1,980,168
—
Other
cess
15.03
/
37,281.25
on
June
record
41
Liabilities—Demand
■
,
•Includes
.90
829,154.26
___
share
per
of
April 1, last.
Pay¬
1, $1, and July 1, Oct. 1 and
on
cumu¬
after
Cash
Total
sale
$5,753,490
-
Surplus
12.76
•
—49,400.00
i
,
—V.
$6,313,268
$486,796
3 Mos. End. Mar. 31—
,6.79
704,025.00
paid
Co.—Earnings—
bank loans
on
dividends
3,773,321
-
Profit
63.85 %
374,063.00
Class B Div.—
cents
holders
to
1942
-'vBalance
Resources
$3,521,466.00
—
_
31—
depreciation of $1,180),
4,143,777
pfd. stock
Federal
1
$15,876
Assets—Cash
the
1,365
rate
Depreciation
securities
July
75
special of 50 cents was also paid
last year.—V. 154, p. 1008.
expenses
Orders
its
also
on
1942—12 Mos.—1941
Weston Electrical Instrument Corp.
from
and
Percentage of
i■*> ;-;:vMarket Value
,
stock
States
on
requirements
—V. 155,
stocks, 11 preferred stocks, 19 bonds, United
cash and accruals, divided as follows:
stock
Accruals
share
per
,
——-
Balance
against
as
separate
y-:.
United
cents
share previously paid each quarter.
■
Preferred
10
common
States Defense bonds,
Common
of
$488,162
other
stated
at
dis¬
cents
subscr
sale
on
Prov.
Co.—Earnings—
(net)
&
Dividend
Market
reduction
in
railroad
bondholdings in view
increase in these items in recent months.
substantial price
Int.
$7,713,000;
from ordinary net
March 31,
on
quarters.
During the month of May, Wellington Fund eliminated
portfolio its holding in Southeastern Greyhound preferred
made
debt,
029,510
income—
ductions
1941.
29, 1941, quarterly dividends of 18 cents each on
30 and Sept, 30, 1941, and 20 cents in preceding
June
dividend
a
f
,
income
Gross
period
directors.on June 8
March
long-term
Prof,
profits
1,036,177
income
current
stock,
similar
50
Nov. 20,
on
Income
Operating
payrolls,
excess
;-■
Fund, Inc.—18-Cent
similar
and
$1,843,743
for
ended
months
payable June '30 to stockholders of record June 17,
A
$6,502;
$1,522,973
revenues.
Net
Value of Resources—
income.
accrued
income
1942—3 Mos.—1941
'
Net income
Wellington
$47,232;
for
$2,466,261
622,518
$107,066
stock
A
with
interest
quoted market
expenses
Other
pref.
Mar!
and
stock
Total
Steel Foundry Co.—Smaller Dividend
declared
Period End. Mar. 31—
5,080
stock
common
on
items,
Total
2,424
—
payable
investments—$15,876
Int.
capital stock ($100 par), $6,612,000;
total, $20,131,447.—V. 149, p. 127.
West Texas Utilities
,..V'
$135,526
Balance
income,
This compares with 15 cents per
10.
209,336
—-
to
deferred
(trade),
provision
—V. 151, p. 3905.
770,000
deduc.—
applicable
'
$3,440,517
64,167
——
on
stock, no par value, payable June 27 to holders of record June
common
common
26.
Co.—75-Cent
dividend of
a
Wisconsin Investment
banks,
payable
West Michigan
36,629
declared
stock,
common
Dividends
Sheet, Dec. 31, 1941
for fire insurance, $15,000;
taxes
Net
in
$101,177;
The directors have
$3,403,888
1,932
Lovett Grocery
3 Mos. End.
$1,590,275
_
Net
.
$205,190
(Cr)
___
$3,874,090; accounts receivable
inventories, $513,593; investments, $845,104;
property,
(cost—less reserve for depreciation,
$11,268,647),
deferred charges, $349,822; total, $20,131,447.
interest,
reserve
8,013,456
$183,068
'
Interest charged to con-
struction
673,386
2,119
bonds
mtg.
and
earned surplus, $4,430,365;
$203,071
(net)
income
on
Other
\
"*/■ 716,885
-
hand
on
Liabilities—Accounts
1942—12 Mos.—1941
1,140^234
i_—
—
the
on
June
compared
347,474
profits taxes
excess
B
class B
$3,077,983
expenses.
$856,454 $11,504,519 $11,417,344
deduc.
rev.
taxes
and
last, as
1195.-
equipment
$14,071,941;
Subs.)—Earnings—
(&
1942—Month—1^41
$919,956
___
and
15,
This compares with 25 cents per share
ments during 1941 were as follows: April
Dec. 27, 25 cents each.
A
$476,898;
plant and
23,
taxes,
Washington Water Power Co.
Period Ended April 30—
Int.
income
income
$18,221;
Operating
___
Assets—Cash
share
per
since
paid in preferred stock
was
share
per
cents
payment
Winn &
The directors have
213,442
_
$3,032,154
discount
holders of record
Dec.
on
1941
31,
——45,829
debt
and
Provision
$0.30
cents
20
27,
made
1,389,224
income
Total
Interest
share has been declared
per
1941.—V; 154, p.
$4,634,820
Consolidated Balance
of
Dec.
:
—
income
Pay 20-Cent Common Dividend—
The
Ended
$1
was
class
Other
300,468
$304,820
_
Year
Operating income
114,992
Net'
To
was
excess
for
74,012
135,086 f
profit
Earnings
on
and
Account
of
payable July 6 to
June
(& Subs.)—
expenses
General
9,601
67,951
-
Depreciation and amortization of defense facil.
dividend
$50,
tribution
revenues
Operating
$941,348
2,357
,
Income
Operating
1941
$2,894,995
drafts
Willcox & Gibbs Sewing Machine
Co.—$1 Dividend—
A
> •:
par
(& Subs.)—Earnings—
Quarter End. Mar. 31—
Profit
Interest
2%
paid.
was
;
West Kootenay Power & Light Co., Ltd.
Walworth Co.
bonus of
amount
same
•
•
2288.
p.
Monday, June 22, 1942
to
military
on
155
a
be
ser¬
variety
r>
ison
@FedFRASER