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JUN 29 1942 MONDAY 8US.AMU library Beg. U. 6. Pat. Office Price 60 Cents a Copy New York, N. Y., Monday, June 29, 1942 Number 4085 Volume 155 CITY DEPARTMENT AND STATE BOND PROPOSALS AND NEGOTIATIONS sale of $29,H. G. Hanchett Bond & Investment Co., of connection with the bonds 169.18 In This Issue to the Phoenix, as 103.56—v. 155, p. 2321 —the bonds were sold as 5s, and Corporation News State and City News mature $22,931.88 street imp't assessment bonds. Dated April 20, 1942. Denom. QUOTATIONS New York Stock New York Curb Exchange Florence, Ala. 1; 1937, and each maturing on Aug. 1,1958. Bonds numbered 235 to 254, both May Due Jan. 1, as fol¬ $637.30 in 1943, $600 in to 1946, $800 in 1947, $637.30. lows: 1944 and $600 in 1948 to 1952. Interest of ries Feb. 1942. $500 and $300, one for Bond ALABAMA 2, Dated Denom. Unlisted Securities Below) assessment bonds. Out-of-Town Listed Markets (See Index for Due 6,237.30 street imp't Exchange .Miscellaneous $500 and $300, one Jan. 1, as fol¬ lows: $2,231.88 in 1943, and $2,300 in 1944 to 1952. $231.88. payable J-J. Sale—The 1942 principal and interest required. Legal opinion of Ropes, Gray, Best, Coolidge & Rugg of Boston will be furnished the suc¬ cessful bidder. Payable as to both payments upon the bonds shall be levied upon the lands within the district and upon no other prop¬ provided in Section 10 Vz principal and interest from ad County Water Works Dis¬ valorem taxes which may be lev¬ A reasonable time, not ied without limit as to rate or except as to certain exceeding 10 days, will be allowed amount erty, as of the follows: as vide for the following bonds Se¬ trict Act. classes of property, such as class¬ certified copy of ified timber lands, taxable at a The purchaser will the proceedings had in relation to limited rate. furnished with a certificate the issue and when same has been be done and when the bonds have from the Tax Assessor certifying been accepted, they must be taken that there are no such classes of up and paid for within five days property within the city on the the expense, after notice a has been given that they ape ready for delivery. for $500, Grand List of 1941. En¬ close a certified check payable to the Chairman, Board of Supervisors. County (P. O. Sacra¬ mento), Calif. School Bond Sale—The $20,000 Sacramento aggregating $216,000, offered for sale on June 20—v. 155. p, 2225—were awarded to a syndicate composed of the purchaser to examine, at his own Sylvan School District semi-ann. building bonds offered for sale on 22—V. 155, p. 2322—were awarded to Hannaford & Talbot Lee-Higginson Corp. of Chicago, Boettcher & Co. of Denver, and June Blair, Bonner & Co. of Chicago, as 2V4s, paying a price of 100.07, a basis of about 2.24%. of San Francisco, as 2V4S, paying price of 100.007, a basis of about 2.249%. Dated June 15, 1942. Due on June 15 in 1945 to 1962. City Comp¬ sealed bids time for the purchase Note Offering—The troller will at the same of consider $575,000 not to exceed 1% in¬ short-term notes. Dated terest June 30, Bidder to 1942. name June 30, 1943. Prin. and int. payable at the denoms. desired. Due City Treasurer's office. exempt debt the Notes are statutory 5% limitation and from present Federal of from income Connecticut. a taxes and taxes Delivery on or July 9. A certified check for 2% of the notes bid for, pay¬ about sewer i refunding. Due able to order of the City Treas¬ City Clerk inclusive, each of said bonds bear¬ $54,000 $27,000 on July 2 in 1951 and general ing date of Feb. 1, 1937, and each Legal opinion San Francisco (City and County), urer, is required. 1952. ' of Ropes, Gray, Best, Coolidge & >• Calif. refunding bonds, Series A, Nos. maturing on Aug. 1, 1957. 127.000 refunding water. Due on Bonds numbered 216 to 234, both Bond Offering—Sealed bids will Rugg of Boston will be'furnished 37, 39, 57, 63, 68 and 106, with : ; July 2; $63,000 in 1951, and be received until 3 p.m. (PWT), the successful bidder. Notes willcoupons due Aug. 1, 1942, and all inclusive, each of said bonds bear¬ $64,000 in 1952. delivered free of charge in ing date of February 1, 1937, and on June 29, by David A. Barry, be subsequent coupons attached, have 20,000 refunding. Due $10,000 on been drawn by lot and will be each maturing on Aug. 1, 1956. Clerk of the Board of Supervisors, New York City to the successful July 2 in 1951 and 1952. • Bonds numbered 198 to 207, both - */.. redeemed and retired on Aug. 1, for the purchase of $500,000 fire bidder. 15,000 refunding. Due on July 1; numbered at the First National Bank of inclusive, and bonds protection bonds, 1942/ Interest- New Haven Housing Authority, $7,000 in 1951, and $8,000 in Florence. Dated Feb. 1, 1937. Due 213, 214 and 215, each of said rate is not to exceed 6%, payable ; 1952. /-••*' • Conn. \ bonds bearing date of Feb. 1, / ■ ; / ; on Feb. 1, 1957. J-D 10. Denom. $1,000. ' •' Dated Bond Sale—A syndicate headed Dated July 2, 1942. Interest pay¬ June 1937, and each maturing on Aug. 10, 1942. Due on June 10, by Phelps, Fenn & Co., Inc., and Montgomery, Ala. able J-J.; 1, 1955. : $300,000 in 1943 and $200,000 in Lehman Bros., both of New York, Bond Sale—City Auditor B. A. Bonds numbered 181 to 197, both 1944. Bonds will not be sold at was awarded on June 23 a "total ARKANSAS Kilgrow states that the following inclusive, each of said bonds bear¬ less than par and accrued interest of $2,267,000 series A, first issue semi-annual (J-J) street improve¬ ing date of Feb. 1, 1937, and each to date of delivery. No alternative Hot Springs, Ark. housing bonds on a bid figuring a ment bonds aggregating $177,000, maturing on Aug. 1, 1954. ; f bids will be considered. The low¬ Bond Sale—The $100,000 33/2% net' interest cost of 1,8298%. were offered for sale on June 23 Such redemption shall be upon est net interest cost to the city semi-ann. airport bonds offered Others in the account were F. S. and were awarded jointly to Wat- terms of par and accrued interest and county will determine the for sale on June 25—v. 155, p. 2225 Moseley & Co., R. W; Pressorich kins, Morrow & Co., Marx & Co., plus a premium equal to 5% of the award of the bonds, as between —were awarded to Cherry, Villa& Co., Union Securities Corp., both of Birmingham, and R. S. principal of said bonds. Said leal & Co. of Little Rock, at a two or more bidders/The success¬ Equitable Securities Corp., all of Dickson & Co. of Charlotte, as bonds will cease to bear interest ful bidder will be furnished the price of 110.53, according to the New York; Putnam & Co., Hart¬ 2%s, paying a price of 100.26, a on the aforesaid redemption date opinion of Orrick, ford; Harvey Fisk & Sons, Inc., City Clerk. Dated July 1, 1942. approving basis of about 2.70%, , . and each of said bonds should be Dahlquist, Neff & Herrington of Due annually in 20 years. Reynolds & Co., both of New San Francisco. A certified check $40,000 series BE bonds. Due $4,- delivered for payment on or be¬ York; McDonald-Coolidge & Co.. 000 from July 1, 1943 to 1952. fore the first day of August, 1942. CALIFORNIA ' for $10,000, payable to the above of Cleveland, and Robert Haw-Issued to provide funds for named clerk, must accompany kins & Co. of Boston. The bank*-* Tarrant City, Ala. Fresno Coiinty Water Works Dist. the payment, in part, of im¬ each bid. r ers Sealed Tenders Invited—It is purchased the bonds, at par, No. 3 (P. O. Fresno), Calif. provements and pavements as follows: For $140,000 matur¬ stated by 5^ D. McCuen, City Bond Offering—It is stated by heretofore authorized and ^ CONNECTICUT Clerk, that the above city has E. Dusenberry, County Clerk, that ing Jan. 1, $98,000 in 1943, $42,000 now under construction. in 1944, as 3V2S, $44,000 matur¬ available for the purchase of pub¬ he will receive sealed bids until ; Bridgeport, Conn. 96,000 series BF bonds. Due on lic improvement refunding bonds 10 a.m. on July 3, for purchase of Bonds /And Note Offering- ing Jan. 1, 1945, as 2%s, $45,000 July 1, as follows: $9,000 in of the issue dated April 1, 1937, maturing Jan. 1, 1946, as 2ViS, $8,300 4% semi-ann. water works Perry, W. Rodman, Cityr Comp¬ 1943 to 1946 and $10,000 in and which mature April 1, 1967, bonds. Dated June 1, 1942. De¬ troller, will receive sealed bids $46,000 maturing Jan. 1, 1947, as 1947 to 1952. Issued to pro¬ the sum of $19,848.92, and the nom.. 2s, $94,000 maturing Jan. 1, $47,$100. Due Jufte 1, as follows: until noon (EWT) on June 30 for vide funds to pay the balance 000 in 1948 and 1949, as. 1.90s, city will receive from holders of $500 in 1943 to 1958 and $300 in the purchase of $175,000 not to of cost of improvements and such bonds sealed tenders until 1959. Prin. and int. payable at exceed 2% interest coupon sewage $642,000 maturing Jan. 1, $48,000 pavement heretofore author¬ in 1950, $49,000 in 1951, $50,000 in July 21, at noon. Such tenders the County Treasurer's office. Is¬ bonds. Dated June 30, 1942. ized and now completed. must specify the numbers of the 1952, $51,000 in 1053, $52,000 in-. 41,000 series BG bonds. Due on bonds so tendered or offered for sued in accordance with the pro¬ Denom. $1,000. Due June 30, as 1954, $53,000 in 1955, $54,000 in visions of the County Water follows: $12,000 from 1943 to 1952 July 1, as follows: $4,000 in sale to the city, and the price at Works District Act, as approved inch, and $11,000 from 1953 to 1956, $55,000 in 1957, $56,000 in 1943 to 1951 and $5,000 in which the same are tendered or June Bidder to name one 1958, $57,000 in 1959, $58,000 in 13, 1913, and the statutes <*1957 incl. 1952. Issued to provide funds offered. Bidders or offerers of Prin. and int. 1960, $59,000 in 1961, as 1.80s, amendatory thereof, approved in rate of interest. to pay the entire cost of im¬ such bonds may stipulate, if de¬ $246,000 maturing Jan. 1, $60,000 provements and pavement sired, that their tenders are for 1915, 1927, 1929, 1931, 1935, 1937 (J-D) payable at the City Treas¬ in 1962, $61,000 in 1963, $62,000' and 1941, for the purpose of urer's office. Registerable as to heretofore authorized, and the purchase of all or none of the acquiring money for the acquisi¬ principal only, at the option of complete, for which no pre¬ bonds tendered. Bidders shall Bonds are exempt tion/ construction, installation the holder. liminary or other bonds have state in their tenders that the present Federal income INDEX completion, extension, repair and from been previously authorized or bonds tendered, if purchased by maintenance of water works taxes and from taxes of the State issued. Page the city, will be delivered at the Quotations: : ' structures and appliances and the of Connecticut and are legal in¬ 2421 New York Stock Exchange——— Sheffield, Ala. City Bank Farmers Trust Co., 2437 New York Curb Exchange..———, acquisition by purchase, con¬ vestments for savings banks and 2443 Bond Call —L. H. Manning, New York, on Aug. 15. Enclose a demnation, Other Stock Exchanges contract, lease or trusts in the State. Delivery on 2448 certified check for 1% of the face Unlisted Securities l—in¬ President of the Board of Com¬ otherwise of lands, rights of way, or about July 9 with accrued in¬ state and City Department: / missioners, states that the city is amount of the bonds tendered, 2409 water, water rights and water terest to date of delivery to be Bond Proposals and Negotiations 2450 calling for payment on Aug. 1, payable to the city. service necessary or convenient paid for by the successful bidder. Gen, Corporation and Invest. News Redemption Calls and Sinking at the Central Hanover Bank & for the supplying of inhabitants Bonds will be delivered free of 2414 Fund Notices ARIZONA Trust Co., New York, the follow¬ .2414 of the district with water for ir¬ charge in New York City to the Dividends _ 2420 ing electric distribution system —_ rigation, domestic and fire pre¬ purchaser. A certified check for Auction Sales Phoenix, Ariz. 2449 revenue bonds: 2% of the bonds bid for, payable The Coprse of Bank Clearings—1. Bond Sale Details—It is stated vention purposes. The taxes to be —c2420" TiVivaforn WYrhanCfP T?,a hfcs Bonds numbered 255 to 260. both levied against the district to pro¬ to order of the City Treasurer, is by John H. Udall,<City Clerk, in inclusive, each bearing date of Bond Redemption S. B. Howard — states that ■ . . v '• _ 4 — . — — — — ,4.4 THE COMMERCIAL & FINANCIAL CHRONICLE 2410 / " 1960, $59,000 in 1961, as 1.80s, $262,000 maturing Jan. 1, $64,000 .in 1966, $65,000 in 1967, $66,000 in 1968, $67,000 in 1969, as l%s, $283,000 maturing Jan. 1, $69,000 in 1970, $70,000 in 1971, $71,000 in 1972, $73,000 in 1973, as 1.85s, and $465,000 maturing Jan. 1, $74,000 in 1974, $75,000 in 1975, $77,000 in 1976, $78,000 in 1977, $80,000 in 1978, and $81,000 in 1979, as 1.90s. The balance of $2,920,000 bonds ■of the Authority, maturing Jan. 1, 1980 to 2000, will be taken by the FPHA as series B, at 2%%. Bids Other bids Following — other submitted at the offer- were ing: Shields & Co. and Hemphill, Noyes & Co., both of New York, headed a group which bid for J $2,220,000 bonds on a net interest basis of 1.869%; Blyth & Co., First , * yreceived July 25, awarded were to Harriman Ripley & Co., New York, at 0.55% discount. Dated June 26, 1942, and due March 12, Other bids: Leavitt & Co., York, 0.638; First Boston Corp., 0.68%, plus $3 premium; that United in has June Florida, Fort asking for the confirmation of a plan of compo¬ sition under the provisions of the Municipal Bankruptcy Act. A hearing on the petition will be held at the Federal Building in Miami, on Sept. 14, 1942, at 9 a.m., for considering and passing on the plan, together with any answers or objections., filed by creditors. Division, Chase National of Bank Sworn of details of the securities held Town bids the 8 p.m. purchase be made are available in $25,000 Bond coupon authorized was by Sale is the Bradford No. Sch. (P. O. Starke), Fla. '[ County 3 Spec. Bonds Approved by — Tax Peek, Clement A. Secretary . ried by a vote of 310 "against." No Due in "for" to 86 1944 . . Evans Co. all of and and York, it Exchange on The bid of par was based interest cost to the au¬ net a > Lawrence Township School Towriship (P. O. Lawrence), Ind. V Proposed Bond Issue—The Ad¬ sue of an is¬ $10,000 construction bonds. purchase of $5,000 which to runs 3.42% a 1966 rate and 000 in 1958, as 1.70s. now all the way East through. \ Okeechobee County (P. O. Okeechobee), Fla. Sealed Tenders Invited—Roy R. ; Raulerson, Clerk of the Board of County Commissioners, states that sealed until tenders 10 will be received ' Approve school bonds. Dated June Denom. $500. Due $500 on Jan. 1 1953 incl. -Interest from 1944 J-J. to Bonds Exchange at on to sary revenue for well 1. Designate the description and being offered for sale to the the project, members of the City Council recently adopted an ordinance authorizing the sale of $125,000 worth of waterworks Tenders submitted miist: the serial numbers of such bonds Bond bonds drilling and to money additional an the provide construction million-gallon storage deep of tank The bonds Celwein, •\ Iowa X Additional Information—In ; con¬ the $26,000, airport refunding bonds being handled by the Emmet County State Bank of 155, 2322—the p. City Clerk states that the bonds & Trust Co., all in Baton Rouge, at the option of the holder. on Dec. 1; $5,500 in that and date * ,* . accrued 1941, date. interest payable on are Dated Denom. $1,000. July Interest 1, ceases on called. • , 1905. r "i , . East Baton Rouge Housing Author¬ ity (P. O. East Baton Rouge), La. to the Be accompanied by a certi- 2227 row, at est payable J-D. a were — Leary & Co. of Shreveport, net interest cost of is Stated. . awarded to Bar¬ " 2.18%, it - Fairfield, Iowa Bond Sale Details The — Charles Authority Housing (P. O. Lake Charles), La. City Sale—The Bond $60,000 housing Series bonds A- of offered for sale on awarded The purchase of the firms the or an will War Des were Moines—v. as follows: bonds by and depend on $800 in 1943, terest payable M-N. $1,000 in 1944 to 1954. In¬ priority rat¬ getting the ma¬ Mayor Ray I, (First Issue), to the June 23. were National Bank of Lake 2s,. paying 1956 Charles, as 100.13, a of price a basis of about 1, 1942. Production Board will approve a cashier's check ing necessary to incorporated bank, terials needed, payable to the Board of County Klingbiel said. Commissioners, in an amount been granted by on tional 4% bonds period of of-2%. In public for im¬ addi¬ an at the rate years denying Judge Bond said: the petition 1.98%. Dated July Due on Jan. 1 in 1943 to ed litigants are interest¬ getting this matter settled in as soon Authorized as — The New City resolution au¬ thorizing the issuance of $9,171.55 A 2A rating has the -priority au-1 street improvement bonds,-which possible, I shall deny taking the advisement, in order may get it before the Court during its pres¬ the injunction without under case that you Supreme session." ent . Z . MASSACHUSETTS - Fall River, Mass. !. Bond Sale—The $380,000 coupon relief bonds offered municipal June 25 awarded to the First were Boston Corp., New York, as l^s, at a price of 100.6399, a basis of about 1.379%. Dated July 1, 1942. Denom. $1,000. Registerable as to principal only. Due $38,000 on July from 1 Tin. the and 1943 int. National incl. 1952 to (J-J) payable Shawmut at of Bank Ropes, Maiden, Mass. Offering — J. Hughes, ceive . Howard City Treasurer, will sealed (EWT) $40,000 on bids until June 29 re¬ noon for the pur¬ Orleans, La. Approval Sought funding "Times Plan—The on Bond Re¬ Orleans New Picayune" of June 22 re¬ $75,000 coupon bonds, as Due construction bonds. $4,000 on July 1 from 1943 to sewer 1952 incl. • 35,000 water bonds. Due $7,000 on July 1 from 1943 to 1947 incl. 'All of to" der < • the bonds will be dated Denom. $1,000. July 1, 1942. name rate . of Bid¬ interest in multiples of 44 of -1%. Prin. and (J-J) payable at the National Shawmut Bank of Boston. Legal¬ ity approved by Storey, Thornint. dike, Palmer & Dodge of Boston. Note Sale—The issue of $250,000 notes offered June 24 was awarded Second the to at Boston, low and due National 0.51% basis. on Bank June 24, May 7, 1943. Maiden, of interest-to-fol- Dated Middlesex bids: .- 1942 Other County National 0.529%; National Shawmut Bank of Boston, 0.54%; First National Bank of Maiden, 0.55%; Harriman Ripley & Inc., 0.55%; Maiden Trust 0.57%. Massachusetts Co., Co., (State of) Note Offering—William E. Hur¬ ley, State Treasurer, will receive bids in on incl. Ottumwa, Iowa Bonds Council adopted a ' > '.'Since the ' Calcasieu-Marine brokerage $12,000,000 Bank, Lake ing bonds sold to Jackley & Co. ' check tend provement Bonds Sold—The 1943, $2,500 in 1944 to 1949, $3,000 whether drawn bonds July/1, in 1950 and $2,500 in 1951. -Inter¬ tenders. fied to' p. Due 1 offered Denied—Judge the above city and the Board of Liquidation of the City Debt from proceeding with the offer to ex¬ chase of 1, 1941:* Nov. 3. by $54,000 Series A (First Issue) housing bonds of¬ fered for sale on June 23—v. 155, years. are annum. W. Bond in Civil District Court recently denied an injunc¬ tion which would have prevented Bond Bat0n Rouge, La. Call — It is stated exchanged with the " said bank as l^s, at par, for a prior issue of airport bonds, dated Dec. were May bonds per follows: Said .Estherville, Iowa cipal and interest will be paid off in instalments over a period of 15 Designate the price at which county, to 2% Bank 1 which offering must be firm for 10 days subsequent to the elate of the opening of such 2. r-.?;• 229, 243 and 252, are called for pay¬ ment on July 1, at the City Treas¬ urer's office,-or at-the City Na¬ tional Bank, or at the Louisiana National Bank, or at the Fidelity ^ improvement bonds. with bonds. 188, 219, drawn by lot, 155, p. 2322— purchased as 3s, are dated 5, 1942, and mature on such 4 175, 24, at 7:30 p.nt, by H. J. Finders, City Clerk,' for the purchase of $60,000 water nection Series and Will bear 3% county. a Savings of $240,000 a year, is scheduled for. the city through re¬ duction of the interest rate from gold bonds Nos. 47, 142, 164, 174, ceived until July or to be sold at par interest.* Prin¬ to Supreme Legality* approved by Gray, Best, Coolidge & ; ' Denom. $1,000. Due on July Rugg of Boston. Other bids, also for l%s, includ¬ ■'■.11; $2,000 in 1943 and .1944, ed the following: Kidder, Pea$3,000, 1945 to 1954, and $4,: body & Co. and Goldman, Sachs 000 in 1955 to 1958. ' ; & Co., 100.536; Phelps, Fenn & Co., 25,000 Fourth ; Series "bonds. Robert Hawkins & Co.- and Tyler Denom. $1,000. Due on July & Co., 100.399; Halsey, Stuart & .1,'.$1,000 in 1943 to 1951, and Co., Inc., and First of Michigan $2,000 in 1952 to 1959. Corp., 100.369. / Bond Bond Offering—Bids will be re¬ works /bonds. Mayor Fred S. LeBlanc that the 4% semi-ann. public improvement were Clerk states that the $11,800 fund¬ are subject State Boston. 000 in 1959. 50,000 Third the IOWA a reservoir. the be Court which is expected to be had LOUISIANA Bank, Roann. unsuccessfully June 12.) > • . Series Due on-July 1: $500 in 1943 to 1958 and $1,- ~> State (These bonds offered 1, 1942. payable are Estherville—v. Sale—Although prospects appear anything but bright for getting materials neces¬ (EST), on June 29, for the purchase of county bonds. a.m. < . Moline, III. is course, by 1 by payment .-••• coupon . carries the . Paw Paw ■ Second Denom. $500. v /■'; : ' ' the by any of approved bonds will at this term of court. Wickliffe), • * • of banks is of July as decision Harlan, the only bidders, ac¬ cording to the Clerk of the County 9,000 until 7:30 p.m. on June-15 for the only bidder for the $185,000 A, first issue bonds offered the Nat The — holders, of Trust Weeks, We understand that at the request sue Sale of the plan called in purchased by F. L. Dupree & Co. Cor¬ Township School Towhship (P. O. Roann), Ind. v ! Bond Offering—Hugh E. Comer, Trustee, will receive sealed bids & was the The Cn June 22—v. 155, p. 2226—were 1642. -i thority of 1.806%, and the bonds of John Nuveen & Co., and Leedy, were sold to bear interest, as fol¬ lows: For $28,000 maturing Jan. Wheeler & Co., b'ond brokers handling the refunding issue of 1, 1943, as 3y4s, $17,000, maturing the above city, a resolution was Jan. 1, $8,000 in 1944, $9,000 in adopted at a recent meeting of the 1945, as 2V2S, $10,000, maturing city commission providing for an Jan. 1, 1946, as 2y4s, $9,000, ma¬ \ arrangement whereby holders of turing Jan. 1, 1947, as 2.10s, $20,bonds under the old issue may 000, maturing $10,000 Jan. 1,-1948 exchange them for those issued and 1949, as 2s, $10,000, maturing under the new. At the time the Jan. 1, 1950, as 1.90s, $32,000, ma¬ new issue of $998,000 general re¬ turing Jan. 1, $10,000 in 1951, $llr funding bonds was floated, the 000 in 1952 and 1953, as I3/4s, and city stood to save from $130,000 to $59,000, maturing Jan. 1, $11,000 $140,000 in lowered interest rates in 1954, $12,000 in 1955, $11,000 during the latter years of the is- in 1956, $13,000 in 1957 and $12,■ Bond (P. O. Ky r five If Bond Injunction $25,000 4% coupon semi-ann. road and bridge refunding bonds offered for sale Ion June 22—v. 155, p. 2226—were on successful Hornblower New June 23. Agreement— • an announces visory Board is considering -■*'*, • city. ; / ' * series Bond ' . Department, 11 Broad Street, New York City; ;Court: • >;X• y;/v,r.\ temporary. • gas• utility .revenue $49,000 First Series bonds. Denom, bonds of the city for exchange fob $1,000. Due on July 1; $4,000 definitive bonds. Issue of $6,000,-. in 1943 to 1946, $5,000 ih 19# 000 3l/ss was sold April 23 to and 1948, $6,000 in 1949 Smith, Barney & Co. of New 1950, $7,000 in 1951 and $<00l0 York, and Associates—v. 155, i p. in 1952. % & County Housing Au¬ thority (P. O. Cairo), III. Bond Sale—A group composed of Shields & Co., Hemphill, Noyes Hollywood, Fla. • — is prepared to receive at its now Interest payable A-G. as yet. .;t of one KENTUCKY Ballard County Alexander & 1966. to date of sale has been fixed > ^ $4,000 street oiling bonds. Chase National Bank ILLINOIS . to Public of Instruction, that at a recent eiedHion $35,000 3% school bonds car; 2.44%. It is stated Board ; P \ Definitive Bonds Ready of • Frances Superintendent, bid. • by holders of the bonds owners or by depositing the liens with Prin. and int. payable 1%. , that the .$30,000 3V2% airport bonds sold- at a price of 113.17, as noted here on May 4, were purchased by a group Co. is This, of _ reported headed ment on of par value and accrued interest. under election p.m. paying agent for $466,000 series A I,'-. Bond Said—The following 3V4% Coupon semi-ann. school building housing authority bonds. ; % •: refunding revenue bonds aggre¬ Indianapolis, Ind. gating $133,000, offered for sale April FLORIDA 7:30 purchased by the Bankers Bond Co. of Louisville, according to the ;County Clerk. No other bid was V INDIANA f % .received. Dated April 1, 1941. Due Gary Housing Authority, Ind. \ •on April*;. 1, 1951; optional on or Paying Agent — The Manufac¬ after April 1, 1946. % r turers Trust Co., New York City, Harlan County (P. O. Harlan), Ky. has been appointed New York Atlanta, and mature on 1; $8,000 in 1955, $7,000 in 1956, $5,000 in 1957, and $10,000 in 1958, giving a basis of about March 28. an until ' porate It trustee 10 the voters authorized issue of -J' — as received by mortgage deed of trust dated June $53,500, and July 1, 1942. \ Details Klein Whitehall, III. the Na¬ GEORGIA brought was Bonds Voted—At expected at B. unpaid re¬ Bainbridge, Ga. 15 years. Prin. and int. (J-J) payable at the Sussex Trust Co., on the rentals the May 15, 1928, made by the village securing the $65,000 indebtedness. July 1, 1921, due July 1, 1951. The Board of County ; in the voters Elmer collect to of city debt from refinanc¬ ing $12,000,000 of public improve¬ the J is concurred suit hydrant the district dated sealed June 26 for on of Issue It Betts, funding bonds. Denom. $100. Due Milton. The , — on \'. pal waterworks. ported by J. Edwin Larson, State Treasurer, that the Board of Trus¬ tees is calling for redemption as of July 1, all outstanding bonds of Clerk, will receive until Redemption interest thereon to Milton, Del. ' Offering — Clyde Bond Bond interest tion Wichita, Kan. Offering—Sealed bids will of the city in Topeka. Bonds are being offered, subject to rejection by the State School Fund. Legality to be ap¬ proved by Bowersock, Fizzell & Rhodes of Kansas City. A certi¬ fied check for 2% is required with utility certificates issued in the financing of the construc¬ tion and operation of the munici¬ are Chipley), Fla. of a lienholder to restrain the city and the board of' liquida¬ at the fiscal agency $65,000 be filed by the creditors on or to payment follows: Vs — the as denying of the injunction the following bonds aggregat¬ ing $227,995.92: $153,335.92 paving and sewer, and $74,660 park bonds. Dated July 1, 1942. Due on July 1 in 1943 to 1952. Interest rate is not to exceed 5%, payable J-J.' Rate to be in a multiple of village for unpaid hydrant rentals to the water revenue bonds'fund for With of an Judgment of $5,000 was given by Circuit Judge Darce F. Rumsey on June 17 against the issue in the amount of DELAWARE authorized ; Bonds City Bank, New York, the designated paying bank, to re¬ deem all outstanding bonds of said Boston, 0.738%. voters $35,000 road resurfacing . tional York, 0.73%; First National Bank the ported in part bonds of the city, the city going ahead with plans to get the necessary approval by 90% of be Thebes, III. % ,V Must Meet Judgment On Water proofs of claim giving the to New of bonds. D. June 29, by E. S. Worrell, Direc¬ tor of Finance, for the purchase . action and the funds ' 2 issue Southern District of Pierce Carleton KANSAS , election oh an the to brought by .V'v; Elvaston), III. v, Bonds Voted—At the sold be Bond Montebello Township (P. O. States for and — be¬ are petition a the in Court, Commissioners 1943. New y, filed city Beh Co. of Des Moines. but • this, according to Neihaus, City Clerk, will be of little help unless Washing¬ ton officials can be prevailed upon to grant a higher rating. Corp., Smith, Barney & before the date of the hearing Co., and associates, bid for $2,- with the clerk of the United 174,000 bonds at 1.914%; Gold- States District Court, Federal man, Sachs & Co., Graham, Par¬ Building, Miami, Fla. sons & Co., Estabrook & Co., and associates, bid for $2,146,000 bonds Washington Co. Spec. Rd. and at 1.928%. Bridge Diet. No. 1 (P: O. (City of), Conn. Note Sale—The $350,000 notes issued in anticipation of taxes due Sept. 1, 1942, bids on which were ; advised ing been District Stamford .. creditors of the The Boston „• Stuart, Fla. Composition Pending will Arnold value of bonds tendered. Debt Monday, June 29, 1942 thorities equal to not less than 25% of the par * writing until noon (DST) June 29 for the purchase of $2,- 500,000 notes, dated July 14, 1942, due July 13, 1943, issued under the provisions of Chapter 49 of the Acts of newal 1933 as of part of amended, in re¬ $3,500,000 notes Volume 155 Number 4085 THE COMMERCIAL & FINANCIAL CHRONICLE '• due July 14, 1942. > Notes are di¬ rect obligations of the Common¬ wealth and interest will be pay¬ able at maturity. figures interest Commonwealth exact number days On a 360-day year basis. Boston delivery. : Prin. and int. payable in Boston or New York, Ut option of the purchaser, y on of " Medford, Mass, Bond Sale-r-The issue of $30,000. coupon sewer construction bonds ; : offered June 25 ! awarded was to. Tyler & Co. of Boston, as' 1 %'s, at a price of 100.699, a basis of about 1.37 %. Dated, July; 1, 1942, and due $3,000 oh July 1 from 3943 to 1952 ■iricl.v Prin. and int. (J-J) payable at the National Shawmut Bank of Boston. Legal¬ ity approved by Storey, Thorndike, Palmer & Dodge of Boston. Other bids; (for lVzs) National Shawmut Bank of Boston, 100.16; Second National Bank of Boston, 100.145; Merchants National Bank 6i Boston, 100.10; (for l3/4s) Estabrook & Co., 100.66. . : defraying the cost and expense of purchase and development of a Dec. 1, 1941. Due $25,000 annually municipal parking lot in the city. Dec. 1 from 1943 to 1946 incl. Rate For the. payment of the $7,110 city or rates of interest to be expressed, portion bonds, the city isr author¬ in multiples of»*4 of 1% and not ized .to -levy- upon all taxable to exceed 214%.Prin. and int. property herein such ad valorem (J-D) payable at office of the taxes as may be necessary, with¬ Board of Education or, at the op¬ out limitation as to rate or tion of the holder, at theXGrbsse 1 amount. Special assessment rolls Pointe Bank, Grosse Pointe. ,A have been spread and confirmed certified check for 2% of' the ! by the City' Commission to be col¬ bonds bid for, payable to order lected; for the payment of the of the District Treasurer,- is re¬ $19,250 special assessment bonds. quired: The school district is Special • assessment bonds are dU authorized and required by law to rect obligations of the City, Bids levy upon all the taxable property shall be conditioned upon the un¬ therein such ad valorem taxes as qualified opinion of the purchas¬ ;may be necessary to pay the bonds er's attorney approving the legaland interest thereon,. within the ! ity of the* bonds. The cost of such limitation prescribed. by* Section opinion and the cost of printing 21, Article X of the Michigan Con¬ ;the bonds shall be borne by the stitution and the Michigan "Prop¬ purchaser. erty Tax Limitation Act." v The Redford T ownship U nion School district voted on Sept. 30, 1941, to District No. 1, Mich., ''increase for three years by Vz of a mill the total tax rate limita¬ i'^Bond .Cail^-Milton V, Doty, Dis¬ trict Secretary, calls for redemp¬ tion from 16 mills to 16 ^ mills 30,1941, the balance of which will not be sold. Bonds shall be dated 1 and thereafter tion two years in¬ for at and accrued par Taunton, Mass. ■ Note 000 Sale—The issue of offered notes awarded the to * June $200,- 23 Bristol. was County Trust Co., Taunton, at 0.51% dis- July 1, 1942, bonds numbered crease by lfz of 1 mill the total 158,165, 257 and 305 of Series A tax rate limitation from 15 mills ; refunding bonds, bonds numbered to 15j/2 mills." Bids shall be con¬ •24 and 36 of Series B refunding ditioned upon the unqualified count. A Dated June 25, 1942 and due March 12, 1943. Other bids: •bonds and bonds numbered 8 and opinion of Miller, Canfield, Pad¬ and Stone, Detroit, Mich., approving , the legality ■ of the bonds. The cost of such opinion 53 . First National Bank of Boston, 0.516%; National Shawmut Bank of Boston, 0.57%. and of printing the bonds will be paid by the school district. / Grosse Worcester, Mass, Grosse Bond Sale—The $245,000 coupon bonds offered June 22—v. 155, p. awarded the to First Boston Corp., New York, as Is, at price of 100.309, a basis of about a 0.913%. Sale consisted of: Bond 1 from 1943 to 1947 incl. ; : incl. 1942 and Dated April due* $7,000 on April 1 from 1943 to 1947 incl. defense 85,000 : bonds. Dated Pointe), Mich. F. Offering—Philip Al- 000 not to exceed 6% interest cou¬ .special bonds. nom. paving DeDue $5,000 on May assessment • Dated May 15, 1942. $1,000. about 1951, with which been; cancelled. • ; sued construction finance to of storm water facilities and concrete in Assessment Paving District No. 30, and pledge .1942. payment Special Weeden & Co...... 1% Vic * 100.11 100.09 Via 100.06 Vic 100.03 VA% VA'/o , 100.66 VA'/o Pressprich & Co..... July 7, chase of of and num¬ ber of the securities offered, their value - and the Which they will be par amount for sold to the Offers must be firm for district. i0 days from date of opening. The Board of Education reserves the right to reject any or all tenders, to waive any irregularities in said tenders, and to accept the tenders, Which in the opinion of the board are most favorable to the district. The certificates purchased be delivered to the treasurer within date of mailing shall school board days of the seven acceptance of tender. Crosse Pointe Township Rural Agricultural School District No. J (P. 0. Grosse Pointe), X:X: -XX Mich. ?; . , ■ Bond Offering—Ralph M. Clark, Secretary of the Board of Educa¬ tion, will receive sealed bids until 7:30 p.m. (EWT) on June 29 for the purchase of $100,000 school oral bids and $6,000 in 1949 to 1962. Prin. and int. payable at the First Na¬ Bank neapolis. with All Education. presented for No. 8)i Mich. Tenders Mich. District supply system about 2.235%. and due Dated June 1, 1942 $2,000 on June 1 from 1944 to 1953 incl. Second high bid of 100.005 for 3s was made by the State Savings Bank of Owosso. N. Juip, will receive sealed tenders of 1936 refunding Secretary, bonds and 1936 certificates of in¬ revenue Michigan Corp., Detroit, as 2%s, a price of 100.085, a basis of Wanted—Leo debtedness, dated Nov. 2, until 8, p.m. on June 29. ■ amount hand in 1936, - The the sinking fund for bond and certificates of on indebtedness retirement is lows: .. as fol¬ ■;:V/ Certificates of indebtedness, $157.60rRefunding mately $5,000. terest date thereafter at and and int. will be sold to the district. ings should be firm for five days. ' Bank, Denver. These bonds in the opinion of counsel, are, valid and legally binding obliga¬ tions of the town; interest and principal payable solely out of a special fund known as the "Browning Water Revenue Bond Sinking Fund." This fund is es¬ tablished out of the gross reve¬ of the water works system, and will constitute a first lien on nues such revenues, subject only to operating expenses. Legality to be approved by Pershing, Bosworth, Dick & Dawson, of Denver. NEBRASKA - Beatrice, Neb. unmatured interest coupons Bond Sale Details—The $60,000 airport bonds sold to Greenway & MISSISSIPPI Co. p. Omaha, as 2s at par—V. 2228—are due on July 1 of each year, according to the City Clerk. Interest payable J-J. Authority (P. O. Clarksdale), Miss. Sale—The $41,000 Series (First-Issue) housing bonds of¬ fered for sale on June 23, were awarded to Tucker, Anthony & Co. of New York, at par, a net interest cost of about 2.20%, di¬ vided as follows: $6,000 as 3V4S, due on Jan. 1, 1943; $32,000 as 2.10s, due on Jan. 1 in 1944 to 1957, the remaining $3,000 as 2s, due on Jan. 1, 1958. Interest pay¬ of 155, Clarksdale Housing Bond A1 able J-J. ' X;:';jXV'A called into session to consider the plight of the State highway de¬ partment and counties in face of $19,250 special assessment, bonds. dropping gasoline tax revenues. A Due July 1, as follows: $2,000 Minnesota (State of) critical point in this situation is from 1943 to 1949 incl.; $2,250 Certificate Sale—The $2,025,000 expected to be reached only if the in 1950 and $3,000 in 1951. Rural Credit Deficiency Fund cer¬ revenue drops to $324,000 a 7,110 city's portion bonds. Due tificates •_ of indebtedness offered month, a sum which would barely July 1," as follows: $1,110 in for: sale" on ' June 24—v.* 155, p. provide for the service on bonds 1945 and $1,000 from 1946 to 2139-^were awarded, to a syndi¬ to which the entire six-cent tax 1951 incl. cate composed of the Wells-Dickey is pledged, leaving nothing for All of the bonds will be dated Co., of Minneapolis; First National operation of' the highway depart¬ July 1, 1942. Denorm $1,000, ex¬ Bank, of St. Paul; First National ment and for county road main¬ cept one for $250 and one for Bank & Trust Co., Northwestern tenance. For purpose of compari¬ $1,110. Rate or rates of interest National-Bank & Trust Co., both sons, a Jackson dispatch said last to be expressed in multiples of of Minneapolis; Kalman & Co., of week, the May Collections of gaso¬ Va of 1%. Prin. and int. (J-J) St. Paul; Allison-Williams Co., J. line taxes totaled $1,077,792 or payable at the City Treasurer's M. Dain & Co., Piper, Jaffray & $97,106 under May, 1941, despite office. A certified check for 2% Hopwood, C. S. Ashmun Co., all no rationing of gasoline in the of the bonds bid for, payable to of Minneapolis; > Mannheimer- State. ' ; v MINNESOTA Prin. tional attached. Mississippi (State of) Highway Bond Difficulty Fore¬ Offer¬ interest. payable at the United States Na¬ bonds - purchase of $26,360 not to exceed 2% interest parking lot bonds, as follows: 100 accrued payment bonds, > approxi¬ X A cast e- The New Orleans "Times Tenders should fully describe Picayune" of June 22 reported as Bond Offering — Earl Madill, the- securities tendered, including follows: ■ -X;.;;••■■; X-;-' Director of Finance, will receive serial numbers, their par value Reports persist that the Missis¬ sealed bids until 11 a.m. (EWT.) and the amount for which they sippi Legislature may soon be on June 29 for the Port Huron, Mich. — funding bonds for general invest¬ ment. Denoms. $1,000 and $500. Dated March 15, 1942. Due $1,000 on March and Sept. 15, 1943 to 1953, $1,500 March and Sept. 15,; 1954 and 1955, $2,000 March and Sept, 15, 1956 and 1957, and $2,500 March and Sept. 15, 1958. Subject to redemption in inverse numeri¬ cal order of maturity on any in¬ terest date on or after Sept. 15, 1947, to March 15, 1952, at 103 and accrued interest, and on any in¬ until at 8 p.m., for the pur¬ $133,000 refunding bonds. of Public to 4 lk % semi-ann. water revenue re¬ 2%, payable J-J. Denom. $1,000. Dated July 1, 1942. Due on July 1; $10,000 in 1944 to 1947, $9,000 in 1948 be Offered Bonds .. . ap¬ of issuance Brown, Schlessman, Owen & Co. of Denver, are offering $41,000 (P. 0. ' ■ funding, dated July 1, 1937. Pay¬ The certificates of indebtedness able at the office of the Treasurer, Co., Detroit, for payment on the call dates shown above, after Bond Sale—The $20,000 coupon at will receive certificates of names the Treasurer, is required. Owosso, of indebtedness, dated May 1, 1938, until 8 p.m. (EWT) on July 8. Of¬ fers should state of bonds offered June 22—v. 155, p. 2139—were awarded to the First School District Secretary, tenders sealed credit Bids shall be conditioned the unqualified opinion of the Village water Tenders Wanted —John Flynn, ; and voters MONTANA • Miller, Canfield, Paddock & Stone of Detroit, approving the legality which time all interest on said * Cost of opinion to certificates shall cease. be paid for by the village; pur¬ Warren T ownship Consolidated chaser to pay cost of printing the { School; District No., 1 (forbonds. A certified check for 2 % merly School District of the bonds, payable to order of 100.29 ^XXv-X/yX'X^IVOv 6, Mich." District faith election an Browning, Mont. Interest rate is not to exceed tional At the found that the was and the — 16 $100,000 bonds, as follows: $50,000 water improvements, by a count of 769 to 81, and $50,000 sewer improve¬ ments, by a count of 803 to 76. ; Offering—District Secre¬ both sealed June on proved for of the bonds. 100.02 MICHIGAN Erin Township full 100.51 l\\% York W. 100.16 V/# the Bonds Voted . held tary J. A. Schadegg will receive must 100.17 It City Sch. Dist. Stillwater), Minn. Bond Board Vlo scheduled Stillwater should be delivered to the Detroit Inc... In — offering city has sufficient funds on hand to make the necessary flood re¬ pairs. X X vXA'.X:--; ': Trust Harrlman, Ripley & Co.,... Estabrook & Co.;............ Goldman. Sachs & Co. and Graham, Parsons & Co... Kiddar, Peabody & Co. and P. S. Moseley & Co....,., Tyler & Co....;........,.... Union Securities Corp...,,... Bankers Trust Co. of New R. had the July 6 of the $15,000 1% flood repair bonds—V. 155, p. 2323—--it is stated by F. R. Finch, City Clerk, that the offering has been upon Halsey, Stuart & Co., Neosho, Mo. Offering Cancelled Bond connection village. Rate Bid 100.27 MISSOURI X-/:' Rochester, Minn, • (M-N) payable at X the Detroit Co., Detroit. Bonds are. is¬ so load Dated July \ ' incl. Other bids were as follows: 1.57%. — interest to be expressed in a mul¬ tiple of ll\ of 1%. Prin. and int. were the 562 is* needed in 1942 and the en-, tire six-cent tax is pledged to ' Rate of that meet it. Thus the monthly allot¬ 15, ment works out to a little more 1942, Due $675,000 on Jan. and than $324,000 a month. July 15 in 1950, and on Jan. 15, •of April 1, 1942 and due $17,000 on April 1 from 1943 to 1947 Bidder— Int. Rate Harris Trust Se Savings Bank 1% placed at is heavy year and will increase an¬ nually for some time to come., For principal and interest, $3,888,the* time this & Trust Co., Min¬ The district will furnish printed bonds and approving Riverview, Mich. legal opinion of Fletcher, Dorsey, Certificates Called for Payment Barker, Colman & Barber of Min¬ :—Village Clerk James L. Hale neapolis, without cost to the pur¬ calls for payment at par plus ac¬ chaser. These bonds are being is¬ crued interest $10,679.47 of the sued to take up outstanding bonds, ; following certificates of indebted¬ which have been called. A $3,~ ness: • 000 certified check, payable to the Series'A, dated Oct. 2, 1937, district, must accompany the bid. Nos. 23/27. Called Oct. 2, 1942. r Bond Call H. C. Robertson, ; Series B, dated July. 15, 1937, Treasurer, Board of Education, ;No. 15. Called July 15, 1942. calls for payment on Jan. 1, 1943, Series C, dated July 15, 1937, at par and accrued interest, the No. 5. Called July 15, 1942.X;;XX: following 3% bonds: ! Series D, dated July 15, 1937, Grade school building, dated ,Nos. 2, 4/10, 12, 15, 19, 21/25, 37, Jan. 1, 1938. Payable at the First Re¬ 41, .43, 45 and 54. Called July 15, National Bank of St. Paul Trust . 35,000 water bonds. J All interest on said bonds will cease on and after July 1, 1942. ■ (P. O. 15 from 1943 to 1946 incl. 100,000 trunk sewer bonds. Dated April 1, 1942 and due $10,000 on April 1 from 1943 to 1952 C Co., Detroit. lard, Village Clerk, will receive sealed bids until 8 p.m. (EWT) on June 23 for the purchase of $20,pon $25,000 defense bonds. Dated Jan. ; 1, 1942 and due $5,000 on Jan. Series The maturities . . , 2322—were Woods Pointe of refunding bonds, all of said bonds being dated Jan. 1, .1937. Bonds should be presented for payment at the Detroit Trust dock West Co., both of Minneapolis; Caldwell, Phillips Co., of St. Raul; Northern.National Bank, of Duluth; Park-Shaughnessy & Co., Greenman & Cook, both of St, Paul, and First and American Na¬ tional Bank, Of Duluth, as 1.70s, paying a price of 100,38, a basis interest on 2411 NEW HAMPSHIRE Manchester, N. H. — An in¬ $1,412,462 in the assessed Borrowing Capacity crease of valuation of taxable property as recently reported by the assessors added $70,644 to the city's bond limit and increased the borrowing " capacity to to report. $1,110,694, according ' ■ ■ > Under the law the city can is¬ bonds and notes up to sue its total tion. assessed taxable Based a on new 5% 0i valua¬ valuation of $88,771,497, the debt limit now fixed at $4,438,574. is The city's present debt is $3,327,880, exclusive of $54,000 in • water bonds which are not cluded in the bonded debt. in¬ These $3,289,500 in $38,380 in notes. De¬ ducting the present debt, exclu¬ sive of water loans, from the debt obligations include bonds and limit, leaves a borrowing capacity of $1,110,694, it was pointed out. City officials further stated that the already excellent financial position with regard to long term financing Will materially improve during the remainder of the year if there are than the no bond issues other $200,000 issue already approved. Bond and note maturities dur¬ ing the balance of the year will amount to $284,000 and after de¬ Of the order of the City Treasurer, is re¬ Caldwell, Inc., Harold E. Wood & $60,000,000 highway ducting .the $200,000 issue to be bonds, part of the $150,000 issue quired. Co., * Juran & Moody, all' of St. bonds Mississippi floated, in 1938; sold within the next month, the The $26,360 bonds are issued for Paul; Bigelow, Webb & Co., Thrall $55,497,000- still are outstanding. municipal government will have a approved by the voters on Sept, • . Financial Chronicle {Reg. TJ. S. Patent Office) William B. Daiia Company, Publishers, 25 Spruce Street, New York, BEekrpan 3-3341, Herbert D. Seibert, Editor and Publisher: Dana Seibert, President; William D. Riggs, Business Manager. - Published twice a week (every-Thursday (general news and advertising issue) with a statistical issue on Monday]. Other Chicago—In charge of Fred H, Gray, Western Representative, Field Building (Telephone State 0613). London—Edwards & Smith, 1 Drapers' Gardensr London. E.C. Copyright 1942 by William B. Dana Company. Reentered as second-class-matter February 25, 1942,'at the post office at New York, N. Y„ under the Act of March" 3, 1879. Subscriptions' in United States and Possessions. $26.00 per year; in Dominion of Canada, $27.50 per year, South and Central America, Spain, Mexico and Cuba, $29,50 -per year; Great Britain, Continental Europe (except Spain), Asia, Australia andf Afripa,, $31.00 per year. >NO.TE: On account of the fluctuations in' the rates of exchange,, remittances for foreign (subscriptions and advertisements mujst be made -in New York funds. t . j Commercial and William offices: . -try * f. Aiki» 1: fcftAti/ir it 'V.v A>*i^£M&*u. SfttSttttWrBteW^^ &ftriMS3&auwwM«^^ THE COMMERCIAL & FINANCIAL CHRONICLE 2412 bond borrowing capacity of $1,194,694 on Dec. 31. The 1942 tax rate of $36.25 de¬ cided semi-ann. water works refunding Bond Call—E M. City Fisher, by city officials has Belleville, N. J. Dated June Due June time, on or 1,1942. Payable at the of Commisisoners passed on final reading ordinances providing for First National Bank of Lordsburg. the issuance of $7,700 not to ex¬ NEW YORK •' ceed 6% interest bond anticipa¬ tion notes. Buffalo-Municipal .HousingProposed Financing—The 155, 2228—were group of more than" 40 dealers In the event that prior to the Co., was notified by telephone that the delivery of the bonds the income Inc., New York, as 3V4S, at a price city would entertain offerings of received by private holders from, of par plus a premium of $59, its - own bonds and 22 dealers bonds of the same type and char-; equal to 100,059, a basis of about responded with offers totaling acter shall be taxable by the terms 3.219%. Dated July 1, 1942 and $8,000,000 of any Federal income tax securities. Maturities law, due July 1, as follows: $35,000 in of the bonds accepted for purchase the successful bidder may, at his 1943; $25,000 in 1944 and 1945, range from 1963 to 1981 and the election, be relieved of his obliga¬ and $15,000 in 1946. yields varied from 3% to 3.05%. tions under the contract toj pur¬ p. awarded to B. J. Van Ingen & bonds. Clerk, calls for payment on July been approved by the State Tax 5, the above city's water works Commission. bonds, Nos, 1, 10 to 44, 46 to 48, 51 to 68, 70 to 74, 76 to 78, 81, 92 to NEW JERSEY 98, 100, 101 and 103 to 127. upon 19—V. June Monday, June 29, 1942 1, 1922. Board 1, 1952; optional any Hicksville ' Authority, N.Y, Irvington, N, J. Bond Call — Howard A. Kelly, Water District (P. Port Chester, N. Y, O. Bond Hempstead), N. Y. after June Issuance Definite—Writ¬ ing in connection with the $51,000 July funding bonds authorized to be 3 will conduct a hearing on a pro¬ issued in Chapter 854, New York posal to issue $50,000 water sys¬ Laws of 1942, Harry Wunsch, Vil¬ tem equipment bonds or certifi¬ lage Clerk, reports that the village does not contemplate any financ¬ cates of indebtedness. ing at the present time. u : New York, N. Y. Rye, N. Y. Tax Rate Reduced The City Bond Sale—The $16,000 coupon Council on June 23 set the 1942or registered general improve¬ '43 basic real estate tax rate at Proposed Financing—The Board of Water Commissioners on chase the bonds and in such case the deposit accompanying his bid will be returned. opinion of New York The Masslich approving; & Mitchell,; City, will be furnished.- the purchaser. OHIO Refunding—It is re¬ Cincinnati, Ohio Secretary, announces that the au¬ Bond Issue Recommended—The ported that the town has pre¬ thority has elected to redeem on sented to the Local Government Public Recreation Committee has Nov. 1,1942, all of its housing au¬ Board a preliminary proposal for recommended to the City Council thority bonds, first issue, series refunding $1,145,000 of outstand¬ Finance Committee the immediate A, maturing after that date, and $2.79 for each $100 of assessed ment bonds offered June 19—v. ing indebtedness, designed to re¬ issuance of $50,000 recreation outstanding under the* resolution valuation. This is one point be¬ 155, p. 2229—were awarded to the vise the annual debt service cal¬ bonds. of the authority adopted April 15, low the current rate of $2.80 and Rye Trust Co., Rye, as Is, at a endar for the next six years and 1940. ' LaRue, Ohio is the lowest basic tax rate since price of 100.13, a basis of about to prevent a substantial increase 0.948%. Dated June 1, 1942 and Authority has deposited with 1937. Bond Sale The $4,000 fire, in tax rates. due $4,000 on June 1 from 1943 The Marine Trust Company of truck and apparatus bonds offered * The City Council Finance Com¬ Jersey City, N. J. Buffalo, Fiscal Agent under said mittee June 20 were awarded to Fox, warned in its report, how¬ Rye (P. O. Port Chester), N. Y. Note Issues Extended—Because resolution, in trust, funds suffi¬ Reusch & Co., Cincinnati, as 3V4S. Certificates Sold—The First Na¬ ever, that the reduced rate is "but cient to pay or redeem all of its they were scheduled to mature Dated Sept, 1, 1942. Denom. $200. Proposed — — the next regular meeting before of the Board of Freeholders, June 25, the Board, at a special meeting on June 18 extended two bond an¬ ticipation note issues from June outstanding bonds (first issue) Series A, by payment of the fol¬ lowing amounts: In the of Series A bonds case Nov. 1, 1942, the principal amount thereof, together with interest to Nov. 1, 1942. maturing on temporary good news." Next year, the report said, the rate will have be to increased tional Bank & Trust Co. of Chester was awarded Port June 18 on other than real taxes, estate taxes, im¬ issue of $127,511.76 certificates of indebtedness at 0.64% interest, posed. /.v plus . The Council or new . voted also a one- 23, to Sept. 23. The total amount year extension of five city taxes, involved is $284,000. In the case of Series A bonds including the sales, use, utility, One note, for $147,000, covers conduit and business taxes. additions to the Margaret Hague, maturing after Nov. 1, 1942, the The tax rate varies among the Maternity Hospital, the other the principal amount thereof, together Medical Center Nurses' Home im¬ with a redemption premium of five boroughs because of assess¬ for local improvements. 3% of such principal amount and ments provement, The borough rates, which also interest to Nov. 1, 1942. Manville, N. J. were set by the Council, consist The full amount so payable Bond Sale—The $105,900 cou¬ of the basic rate plus local assess¬ with respect to each such bond pon or registered bonds offered and coupon appertaining thereto ments. The following table shows June 23—v. 155, p. 2323 — were will be a comparison of the current 1941paid to the holder or reg¬ awarded to Harvey Fisk & Sons, istered owner thereof '42 borough rates and the new upon sur¬ '.'"N ■ ■ ■■ Y Inc., New York, as 2.10s, at a price render thereof, at any time on and rates:1 1941-*42 1942-'43 of 100.16, a basis of about 2.056%. after the date hereof (although Manhattan 2.96 2.98 They were not reoffered publicly. prior to the maturity or redemp¬ Brooklyn 2.96 2.97 Bronx 2.96 ; 2.98 The bonds* are described, as fol¬ tion date thereof) at the principal Queens 3.09 3.14 an a premium of $3. Trust Com¬ office of The Marine $73,400 improvement street as¬ One bond for sessment bonds. of Buffalo, or at t the prin¬ cipal office of The Marine Mid¬ land Trust Company of New pany $400, others, $1,000 each. Due July 1, as follows: $15,000 York, 120 Broadway, New York, from 1944 to 1947 incl. and N. Y. / Richmond ;..V............ 2.98 Although the borough rate went sharply in Queens, it is still lower than the 3.15 Queens rate in up 1940-'41. • a .LY.v The Finance Committee sewer assessment bonds. Denom. $1,000. Due $4,000 on must maturing after Nov. 1, 1942 and registered report, read by the Chairman, Council¬ man Joseph E. Kinsley, Bronx Democrat, recalled that the Coun¬ July 1 from 1944 to 1948 incl. bonds must be in form satisfactory cil has for transfer. ing the tax rate, but must deter¬ mine it according to formula on the basis of figures submitted by $13,400 in 1948. - '9,000 water bonds. Denom. $1,000. Due 1 $1,000 on July 1943 to 1951 incl. from sewer assessment One bond for, $500, bonds. - others, $1,000 each. Due July 1, as follows: $1,000 from 1944 to 1946 incl. and $500 in 1947. , All of the bonds . are Int. Rate Bidder— H. dated July Other bids: 1, 1942. & Co, and Monell & CO Rate Bid 100.07: 100.15 2Vz% Z*A% Newark, N. J. The City final read¬ ing an ordinance to issue $100,000 water system bonds. » Authorized Bonds — Commission passed on Orange, N. J. Proposed Bond Issue—The City Commission has under considera¬ tion an ordinance to issue $10,000 fund a deficit incurred bonds to in Interest construction the of surrendered so coupons on bonds will coupon upon presentation and surrender of the coupons for only such interest. Greenburgh (P. O. Tarrytown), N.Y. ' Bond Sale—The $1,040,000 cou¬ pon or registered tax lien bonds offered June 19—V. 155, p. 2228— awarded were Allen L. Minsch. B. 4. Van Ingen & Co., Inc.. all bear be; paid 3,500 sanitary >■' . bonds Coupon 20,000 to a group com¬ posed of Halsey, Stuart & Co., Inc., B. J. Van Ingen & Co., Inc. and George B. Gibbons & Co., Inc., all of New York, as 2.20s, at a price of 100.169, a basis of about 2.129%. Dated June 1, 1942 and due June 1, as follows: $210,000 in 1943; $285,000; 1944; $295,000, 1946; $160,000 in 1947 and $90,000 in 1948. One other bid was sub¬ mitted for the issue, an offer of 100.03 for 2!4s, by a syndicate composed of Marine Trust Co. of school Buffalo, R. D. White & Co., E. H. the Board of Rollins & Sons, Coffin & Burr, Hornblower & Weeks, and First of Michigan Corp, Beach, N. J. a stadium last year by Education. Union Refunding Plan To Be Made Ef¬ fective — The Local Government Board recently recommended that approval of a Supreme Court Jus¬ tice be sought in connection with the plan of refunding the indebt¬ edness of the borOugh and the school district. Such action was suggested in consideration of the holders of than fact that 85% of outstanding indebtedness more have assented to the debt compo¬ sition program. NEW MEXICO Cimarron, N. Mex. Bonds Sold —It is stated that $16,000 5% semi-ann .water reve¬ nue bonds have been sold locally. Lordsburg, New Mex. Bonds Sold — We understand that Soden & have Co., of Kansas City, purchased $50,000 21/4% Bonds Publicly Offered —Hal¬ Inc. and asso¬ re-offering of yield from 2.10%, according to ma¬ sey, Stuart & Co., ciates made public the bonds at prices to 0.80% to turity. Harrison (P. O. Harrison), N. Y.' Certificate Sale—The $297,000 certificates fered were by of the awarded indebtedness town to on the June of¬ 24 Rye Trust Co. of Rye, at 1.15% interest, plus a premium of $7. Dated July 1, 1942 and due July 1, 1943. The First National Bank of Boston, next highest bidder, named a rate no Tax the discretion in determin¬ Commission and the Comptroller. Mr. Kingsley said the reduced tax rate was made least in part, by a possible, at $15,000,000 sur¬ plus in the relief budget and by the suspension in the next fiscal year of a $4,000,000 payment to the Tax Appropriation Reserve Fund. ■ "Estimating the yield of a single point at approximately $1,600,000," Mr. Kingsley said, "this $15,000,000 cash balance repre¬ sents the equivalent of a ninepoint tax levy. It is evidently but temporary good news. "Next year, without such a bal¬ ance to draw upon, it will be ne¬ cessary to replace this fund either by an increased tax levy or by the imposition of new taxes. Your tax committee makes this prediction, not .because it wishes tq appear as a prophet of disaster, but to indi¬ cate most urgent attention is more than ever required to the proper administration of the city's fi¬ nancial affairs." In re-enacting the sales, use, conduit, utility and business taxes, the Council yielded to a sugges¬ tion made by the Citizens Union and the Commerce and Industry Association of New York. was for as that the only one authorized taxes year be This extended instead of two by the Legislature ahd proposed by Newbold Morris, Council President, who introduced the bills. The question of a still further extension will be consid¬ Bond Offering—L. V. Snyder, and due Jan. 29, 1943. Village Clerk, will receive sealed Leavitt & Co., New bids until noon on July 18 for York, 0.69%, plus $1; First Na¬ the purchase of $7,650 3% water ' tional Bank of Boston, 0.92%. system improvement bonds. Dated Aug. 1, 1942. Denom. $450. Due Sherrill, N. Y. Bonds Voted—At a recent elec¬ $450 on April 1 and Oct. 1 from tion the voters approved an issue 1943 to 1950 incl., and $450 on of 1, 1953. Interest A-O. $10,900 fire truck purchase April A certified check for $76.50, pay¬ bonds. ' ■ Y'.; able to order of the village, is to 1946 incl. Other bids: Bidder— required. < 'Jnt. Rate Rate Bid 1942 29, Other bids: - Rye National Bank.......1.20% Manufacturers Inc. 100.10 Lucas Traders & Trust Co., Buffalo Newburger, Loeb & Oo George B., Gibbons & Co., ...................... NORTH 3.00 i Lucas, Ohio Dated June 1V4% 100.C5 100.06, 1.40% l*/2% 100.08 .......... lows: Due $200 on Sept. 1 from 1943 to 1962 incl. Interest M-S. CAROLINA — Local Commis¬ Government sion states that the following bond anticipation notes aggregating $71,000 were offered for sale on June 23 and awarded to the were First-Citizens Bank & The $30,830 local sanitary sewer bonds offered June 24—V. 155, p. 2141—were awarded — to the Ohio Co. of Raleigh, N. C. Notes Sold The Secretary of the County (P. O, Toledo), Ohio Bond Sale Trust Co. of Raleigh, at 2%, plus a premium of $500: $30,000 water, and $41,000 fire department notes. Dated June 24, 1942. Due on Dec. 24, Columbus, as plus a premium of $87, equal to 100.282, a basis of about 1.183%. Dated June 30, 1942 and due Sept. 30, as follows: $3,830 in 1943; $4,000 from 1944 to 1946 incl. and $5,000 from 1947 to 1949 incl. Second high bid of 100.167 for iy4s was made by Otis IV4S, at par & Co. of Cleveland. Middletown, Ohio Bond Sale—The $28,000 coupon sewer bonds offered June 23—v. 1942. 155, p. 2229—were awarded to the Weil, Roth & Irving Co. of Cin¬ Wilson, N.C. Bond Offering—Sealed bids will cinnati, as IV4S, at a price of be received until ll a.m. (EWT), 100.279, a basis of about 1.20%.' Dated April 1, 1942, and due Oct. on June 30, by W. E. Easter ling, Secretary of the Local Govern¬ 1, as follows: $3,000 from 1943 to ment Commission, at his office in 1951 incl., and $1,000 in 1952. Sec¬ ond high bid of 100.08 for 1V4S Raleigh, for the purchase of $100,. 000 airport bonds. Dated April 1, 1; $3,000 in 1944 to 1953, and $7,000 in 1954 to 1963, all incl., without option to prior payment. There will be no auc¬ tion. Denom. $1,000; coupon bonds registerable as to principal alone; prin. and int. (A-O), payable in legal tender in New York City; general obligations; unlimited tax; delivery on or about July 14, at place of purchaser's choice. Bidders are requested to name 1942. Due on Oct. the interest rate or rates, not ex¬ ceeding 6% per annum in mul¬ tiples of % of 1% . Each bid may name one rate for part of the bonds was made by Assel, Kreimer & Fuller of Cincinnati. Ravenna, Ohio Bond Sale—The $40,000 sewer¬ system age improvement bonds offered June 24—V. 155, p. 2325— were awarded to Otis & Co. of Cleveland, as l^s, at a price of 100.11, a basis of about 1.226%. Dated July 1, 1942 and due $5,000 on 1 from 1943 to Oct. 1950 incl. Second high bid of 100.09 for VAs was made by Fox, Reusch & Co, of Cincinnati. St. Bernard, Ohio Authorized — The City Council on June 18 authorized an Bonds (having the earliest maturities), issue of $15,000 city hall improve¬ balance, ment bonds. but no bid may name more than two rates, and each bidder must Springfield School District, Ohio specify in his bid the amount of To Vote On Operating Levybonds of each rate. The bonds Board of Education has com¬ will be awarded to the bidder of¬ pleted plans to hold an election fering to purchase the bonds , at on the question of authorizing a the lowest interest cost to the 3-mill operating funds levy fortown, such cdst to be determined the next two years. It was esti¬ by deducting the total amount of mated that the schools will have the premium bid from the aggre¬ an operating deficit of about $57,gate amount of interest upon all 000 at the close of this year. of the bonds until their, respective Toledo, Ohio maturities. No bid of less than and another rate for the _ par and accrued interest will be entertained. required on forms to of 1.18%. ered by the Council next June. be furnished with additional in¬ Hempstead Union Free School Dis¬ Buys Bonds for Sinking Fund— formation and each bid must be trict No. 28 (P. O. Long Joseph B. McGoldrich, City accompanied by a certified check Beach), N. Y. Comptroller, announced June 23 upon an incorporated bank or Certificate Sale—The $100,000 the purchase of $3,150,000 of city trust company, payable uncondi¬ coupon or registered funding cer¬ bonds for investment.by the sink¬ tionally to the order- of the State tificates of indebtedness offered ing fund and pension funds. A Treasurer, for $2,000. Bids are Bond walk Sale—The bonds $35,000 offered June side¬ 23— V. 155, p. 2141—were awarded to a syndicate composed of Strarta- han, Harris & Co., Inc., Braun, Ryan, Suth¬ Co., all of Toledo, as IV2S, at a price of 100.345, a basis of about 1,356%, Dated July 1, 1942 and due July 1, as follows: Bosworth & Co. and erland & $17,000 will 1945. . Bonds Reoffered in and- $18,000 1944 in THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 'Volume 155 be received Sealed bids — until 8 p.m. on awarded June 29, by Elsie O'Rourke, City bonds also of¬ Recorder, for the purchase of the fered June 23, paying a price of above bonds. Dated July 1, 1942. 100.22 for iy2s, a basis of about Due on July 1; $6,000 in 1943 to 1.43%. Dated July 1, 1942 and due 1946, and $7,000 in 1947 and 1948; July 1, as follows: $12,740 in 1944 subject to call on July 1, 1945, and and $12,000 from 1945 to 1947 incl. on any interest paying date there¬ Other bids for the bonds were after. Interest payable J-J. as follows: Assel, Kreimer & Full¬ Port of The Dalles (P. Q. er, for iy2s, 100.31 for $35,000 and The Dalles), Ore. $100,305 for $48,740, bid on an all Bond Sale—The $150,000 gen4 or none basis; Siler, Roose & Co., eral obligation, semi-ann. grain Weil* Roth & Irving Co., VanLahr, Doll & Isphording, and Provident elevator bonds offered for sale ori June 23—V. 155, p. 2325—were Savings Bank & Trust Co., 100.03 awarded to the First National for both. issues as 1 Vz s; Ohio Co, Bank of Portland, according to the of Columbus, 100.22 for $35,000 iy2s and $100.72 for $48,740 l3/4s; Secretary, Board of Commission^ The ; < ' • • • ( ; '■ ; group was same ithe $48,740 •000 l%s. ers." Dated to Jan. 1942. July-1, Jan; and July Due oh 1, from July 1, 1943 1,1958. Vv » ; ; / V''1: '"i " Youngstown, Ohio • Bonds Authorized ;— The City Castanea - Council on - June 17 passed an ordinance authorizing an issue of $40,400 3y2% judgment bonds. Dated Aug. 1, 1942. One bond for . , $400, others $1,000 each. Due Oct, i, as follows: $4,400 in 1943 and $12,000 1946 incl. : Prin. and int. (A-O) payable at the office of the Sinking Fund from 1944 to Exeter OKLAHOMA Lawton), Bonds County ton, , no a.m. on issue of bids were received. June tis, Borough Secretary, will * re¬ 30, for the purchase of bonds ag¬ ceive sealed bids until 8 p.m. gregating $105,000 and divided as (EWT) on July 6 for the purchase follows: of $40,000 not to exceed 414 %- in¬ $40,000 hospital bonds. Due $2,- terest coupon, registerable as to ; 500 in 1945 to 1960. Issued for principal only, refunding and the Dated June 1, purpose of providing funding bonds. funds for purchasing a site 1942. Denom. $1,000. Due Dec. 1, and erecting a county hospital as follows: $4,000 from 1943 to which is to be owned and 1947 incl. and $5,O0O from 1948 to 1951 incl. Bonds are general obli¬ ! maintained by the county. 65,000 hospital bonds. Due $4,000 gations, payable from ad valorem in 1946 to 1960, and $5,000 in taxes within the taxing limitations 1961. Issued for the purpose placed by law upon, boroughs. of ipatching a grant of apr Bonds and interest; will be pay¬ proximately $149,000 by the able without deduction for any Federal Government, for the tax or taxes, except succession, V ' purpose of furnishing funds gift or inheritance taxes, noW or . • ' , ' . for . purchasing ■ and site a hereafter levied assessed under or ; erecting, altering, adding to any present or future Jaw .'Of? the. and enlarging existing hospi- Commonwealth. Bonds will be is¬ f V- tal buildings which are owned sued Subject to approval of pro-: and maintained by the county, ceedings by the Pennsylvania De¬ ) The bonds r shall be sold to the partment. of Internal Affairs arid favorable legal opinion pf Haul* bidder offering the lowest rate, Remick &> Harrison of and agreeing to pay par and ac¬ Ewing, A certified check crued interest Issued in accord¬ Philadelphia. for 2% of the bonds, payable to ance with Title 62, Oklahoma order of the Borough Treasurer, is Statutes,, 1941, Sections 353 and 354. Enclose* a certfied check for required. * 2% of the amount of the bid. ". Haverford Township (P. O. Upper Darby), Pa. 5; Proposed Bond Issue—The park Bond Offering Nellie Green, Board has requested the Township Clerk, will receive sealed Commissioners to.,issue $150,000 bids until 2 p.m: on July 30, for park maintenance bonds. the purchase of $5,000 fire ap¬ Nanticoke School District, Pa, paratus bonds. Due $1,500 in-1945 Bond Offering — Arthur Davis, to 1947, and $500 in 1948. The District bOnds shall be sold to - the bidder Secretary, will receive / Town . the lowest ' rate and sealed bids until .7:30 p.m. on June agreeing to pay par and accrued 29 for the, purchase>of $72,000, not offering 1 interest. with in Issued Sections- 5929 exceed accordance to and funding and • refunding • bonds. Dated July 1, 1942. Denoms. $1,000. Due-July 1, as follows: $3,000 from 1943 to ,1951 incl.; $4,- Oklahoma Statutes* 1931. certified, check for 2% amount of the bid. ' ia 5930, Enclose of the V-yy 000 from 3 Vi % 1952 to Pa. Jacob Ecker- — sley,; Secretary of the Board of School Directors, will receive sealed bids until 8 p.m. (EWT) on July 23 for the purchase of $329,000 not to exceed 3% interest coupon, registerable as to prin¬ cipal only, refunding bonds. Dated July 15, 1942. Denom. $1,000. Due July 15, as follows: $32,000 in 1943 and $33*000 from 1944 to chased recently by the Robinson- purpose of extending the maturi¬ Humphreys Co. of Atlanta, as ties and reducing the interest 2j/3s, for a premium of $64.50, to 3i/2%. equal to 100.174. Dated June 15, Dalhart, Texas Maturity — The City Secretary . 1942. SOUTH Corson states that the DAKOTA $60,000 4% airport bonds sold at par to Crummer & Co. of Dallas—v. 155, p. 2326—are due on June 1; $3,000 in 1952 to County (P. O. Mcintosh), S. Dak. Bond Reoffering—It is stated by Fred Bieber, County Auditor, that 1956, $4,000 in 1957 to 1966, and $5,000 in 1967. Interest pay¬ he will receive bids until July 29, able J-D. for the $296,000 refunding bonds, Dallas County (P. O. Dallas), ' originally offered for sale on June Texas 1952 incl. Bidder to name one of 22—v. 155, p. 2142—but postponed. Warrants Sold—It is reported the following iriterest rates for all Denom. $1,000. Dated July 1, that $83,505 semi-ann. road and of the bonds: 1 l/z %, 1 % %, 2 %, 1942. Due on Jan. 1, as follows: 2j/4%, 2%%, 2%% or 3%. Interest $8,000 in 1943, $15,000 in 1944 to bridge warrants have been pur¬ chased by Crummer & Co. of Dal¬ J-J. Bonds and interest will be 1961 and $18,000 iri 1962. The payable without- deduction for Board will consider bids for bonds las, as 2V2s and 2%s, at par. Due in 1945 to 1952. any tax or taxes, except suc¬ with option of redemption 5 years cession or inheritance taxes, now hereafter levied * assessed or thereon under any. present or fu¬ ture law of the Commonwealth, all. of which taxes the district and agrees assumes bonds - are to pay. The general obligations of the district* payable from ad va¬ lorem taxes within the taxing from date and also for bonds with option of redemption 10 Dimmitt Indep. Sch. Dist. (P. O. Dimmitt), Texas Sold—The County Per¬ years from date and reserves the, right to determine at the time of sale Bonds manent School Fund is said to which type will be for the best have purchased recently at par interests of the county. Rate of the $13,000 4% semi-ann. refund¬ interest to be specified by the suc¬ ing bonds. cessful bidder. Prin. and int. (J-J) payable, at, any suitable bank to or limitations imposed by law upon school districts of this class.; A on Feb. 1 in 1955 Ector Indep. Sch. Dist. (P. O. trust company designated by the certified Due 1969, served to Ector), Texas > Maturity — It is now reported reject any and all bids that the $10,800 4%. semi-ann. re¬ borids, payable to order of the and to sell part of all of the bonds. District Treasurer, is required. Is¬ The county Will furnish printed funding bonds purchased by the Kansas City Life Insurance Co. sued subject to favorable legal bonds and the approving legal of Kansas City, Mo., as noted here of opinion of Townsend, Elliott & opinion Fletcher, Dorsey, in January, are due on April 15; Munson of Philadelphia. Barker, Coleman & Barber, of ' Minneapolis. A certified check 'fi'i ncoin«jl?4Lnn to 1953, and $600 in 1954 to 1962. Shenandoah School District, Pa. for $10,000, payable to the county, Bond Issuance Imminent The is required. Ennis, Texas district will soon announce de¬ Bond Refunding Plan Nearly tails of an offering of $150,000 Whitewood Sch. Dist. (P. O. Complete—It is stated by Mayor school building bonds, according Whitewood), S, Dak. Bond Offering—Bids will be re- R. F. Brumback that a plan to re¬ to local press advices. Issue was ceived until July 2, at 2 p.m., by ifund the bonded indebtedness at approved by the voters at the May 19 election.—V. 155, p. 2142. A. H. Davis, Clerk of the Board a saving of $160,000 in interest of Education, for the purchase of, and other charges within 25 Wilkes'Barre, Pa. $10,000 534% refunding bonds. years> has about been completed. Bond Sale—The issue of $330,Due $1,000 on Jan. 1 in 1945 to,The city s indebtedness totals 000 improvement bonds offered $453,000, bearing interest at rates 1954 incl. V June 23—v. -155, p. 2142—was of 4%% to 6%. The new rates awarded to a group composed of will range from 2V2% to 3V2%. ,v TENNESSEE Hemphill, Noyes & Co., New York; S. K. Cunningham & Co., Knox County (P. O. Knoxville), Fort Worth Ind. Sch. Dist. (P. 0+ Tenn. Fort Worth), Texas Phillips, Schmertz & Co., Glover & Application For Bond Approval Refunding Bonds AuthorizedMacGregorf arid George G. Applegate, all? of Pittsburgh, as The County Court is said to have Dismissed -— We understand that l%s, at par plus a premium of voted to issue $1,175,000 of bonds through a joint motion by the $2,373, equal to 100.719, a basis of to refund a like* amount of out- School Board and the Attorneyabout 1.678%. Dated June Under the pro- General an application of the dis¬ 15, standing borids. 1942, and due June 15, as follows: posed program, the county will be! trict for a mandamus for approval $15,000 in 1944; $16,000, 1945 to relieved of the necessity to pay by Attorney-General Gerald Mann 1948: incl.; $17,009, 1949 to 1952 off borids due in 1945* 1947 and of a $494,000 refunding issue was incl.; $18,000, 1953 to 1956 incl.; 1949 and the life of the bonds will dismissed on June 10, in the State $19,000, 1957 to 1960 incl.; $20,000 be extended over a period to end Supreme Court, in .1961, and $15,000 in 1962. Re- in 1962. Interest rates on the new Garland, Texas offered by the bankers at prices refunding bonds Will be the same Bond Sale Details—It is now reto yield from 0.60% to 1.75 % * ac¬ as the rate on the outstanding bonds until cording to maturity. present maturity Ported^haf the $ 100,000 electric* Other, bids were, as follows: dates, and then will be reduced water and sanitary sewer system Bidder^Int. Rate Premium: to an average of less than 3y4% "?provament bonds sold to James, Harriman Ripley & Co„ Inc. $2,207.70 a year. • 4 '' ■ i Stayart & Davis of Dallas, as 3s E. H, Rollins & Sons, Inc.. 1%% 693.00 V Graham, Parsons & Co...',. " 2^ 5,148.00 >v and 3V2s, at par—v. 155, p. 2055— check for 2% the of successful bidder. The right is re^ — Girardville, Pa. v Bond Offering—George Segari- will receive Clerk, sealed bids until 10 Sold—The Not $13,200 not to exceed 3% interest building bonds offered June 16— V. 155, p. 2054—was not sold, as Bond Offering—T. H. Tarking- , Township School "District (P. O. Falls, R. D.)t Pa. ;• Comanche County (P. O. Okla. -f. Township School District (P. O. Castanea), Pa, \ Bond Sale Details—The $8,000 3% bonds purchased in April by the Johrisonburg First National Bank of Johnsonburg, as reported in v. 155, p. 1463, were sold at a price of 100.56. ' Trustees. '.)■ School District, Bond Offering or V- -PENNSYLVANIA • ' Scranton sewer Fox, Reusch & Co:, 100.07 for $35,4 000 iy2s and 100.47 for $48,740 13/4s; Pohl & Co., 100.02 for $35,4 ' proceedings-by the Pennsylvania Department of Internal Affairs. 2413 interest 1956 coupon . . . „ Blair & Co., Inc........... 2% Freeman & Co...2% Phelps, Fenn & Co., Inc.*.... 2% M. ' M. Halsey, Stuart & Co., Inc.,. 2% - 3,641.52 2,623.50 1,254.00 ,1,019.70 le"nf8See (State of) „ Bond Sale registered r— 'are dated May 1, 1942, and have The ^oupon or been approved as to legality bonds aggre-1 w. P. Dumas of Dallas, offered for sale| $490,000, on June 22—v. 155, p. 2230—were awarded jointly to the Chemical ^ Cranston, R. I. ■ Bank & Trust Co., and Harvey Note Sale—The issue of $500.Fisk & Sons, both of New York, 000 notes offered June 19—V. 155, at a price of 100.02, a net interest. p. 2230—was awarded to the First cost of about 1.71%, on the bonds! National; Bank : of Boston, at gating " - 0.758% discount. divided Dated June as follows: - 25, 25, 1943. Other $405,000 State Defense bonds as ins. ■■ bids: Halsey, Stuart & Co., Inc., 85,000 State Consolidated (for 0.78%* plus $78 premium; First Co u n t y Boston Corp., 0.81%. Reimbursement) bonds, as 2%s. 1942 arid due Jufte t i SOUTH /CAROLINA' Dated June 1,1942; Due ori Dec. 1, 1952. Beaufort Co. Sch. Dist. No. 1 incl., and by semi-ann. Groveton Independent Sch. Dist. (P. O. Groveton), Texas Maturity—It is now reported that the $40,000 4% bonds sold-to Dewar, Robertson & Pancoast of San Antonio, at par, as noted here in January, mature as follows: $32,000 refunding bonds. Due on April 10 in 1948 to 1969. 8^000 building bonds. Due on Oct. 10 in 1942 to 1967. Dated Oct. 10, Interest 1941, payable A-O. ; ; Hidalgo County (P. O. Edinburg), T exas $5,000 from 1957 to 1961 incl. Bid? ; (P. O. Beaufort), S. C. TEXAS Sealed Tenders Invited—County der to name one of the following Maturity—The County Superin¬ Auditor B. F.r McKee states that interest rates: ;2%,% 2V4%,» 2%%v tendent of Schools now states that Alpine, Texas he will receive sealed tenders un¬ <—v. Bonds Approved — We under¬ construction bonds 155, p. 2325—were awarded, 2%.%,.3%, 3y4% or 3^2%. Inter¬ the $60,000 jointly to the First National Bank, est, J-J. Bonds and interest there-r sold recently as 2%s at par—V. stand that at a recent election til July 7, at 10 a.m., of the fol¬ and the Durant. National Bank, on will be payable without 155, p. 2055-^-are due on April 15; $10,000 airport land purchase lowing road districts refunding both of Durant, at a net interest duction for any tax or taxes, ex¬ $2,000 in 1943 to 1947, $3,000 in bonds carried by a vote of 205 bonds: $5,000 Dist. No. 1; $5,000 cost of 1.925%, according to the cept 1948 to 1957, and $4,000 in 1958 to "for" to 2 "against." The issuance Dist.No. 2: $5,000 Dist. No. 3; $5,succession or inheritance City Clerk. Due in 1946 to 1966 taxes, now or hereafter levied or 1962. Interest payable A-O. of the bonds is being held up 000 Dist. No. 5: $10,000 Dist. No. incl. - •: assessed thereon under any pres¬ awaiting further developments in 6; $6,000 Dist. No. 7, and $10,000 Durant, Okla.- Bond Sale—The $75,000 airport bonds offered for sale on June 23 ; , . ent or future law of the Com^ monwealth* all ol which taxes the Enid, Okla, ' Price Paid The City Clerk district Estates fhat the. $99,000 semi-ann, — water extension bonds sold to the and to Bonds are payable from ad pay: valorem taxes agrees within the, taxing V. 155, limitations imposed; by law 2325—were purchased at par.r school districts of City Treasurer as p. is assumes — ;this certified OREGON check. for upon A class. 2% of the bonds bid for, payable to order of the District Treasurer* is re¬ Monmouth, Ore, Bonds Not .Sold — The $38,000. quired. Bonds will be issued subr not to exceed 4% water refunding ject to favorable, legal opinion of bonds offered on June l5—V..155, Townsend.-Elliott & Munson of p. Philadelphia, 2230—were not sold. ?.» i "1/ii J'j< VMU 'Xfl and • approval, \ 1? '.tf , ox i':\ Clover, S. C. Bonds Sold—A sewerage $48,000 issue of refundirig bonds was To ~~ sold of of recently to Hamilton & Co. Chester, as 2%s, .for a premium $321,000, equal to 100.668, a basis of about 2.69%. Dated July 2,! 1942. Denom, $1,000. Due on Jam 2: $2,000 iri 1944 to 1955, and Dist. No. 8. the airport. Bishop Ind. Sch. Dist. (P. O. Bishop), Texas Bonds Approved stand that at a — We under¬ recent election $150,000 construction and equip¬ ment bonds were approved. Cameron . available funds, other funds, ithe County Commissioners' Court requests tenders for the following for in¬ than use sinking vestment: Road 1932. and bridge bonds, Series . Road and bridge warrants, Se¬ County (P. O. Brownsries 1932. ville), Texas Bond Refunding Contract—It is Oranqebtirg School District No, 26 Road and1 bridge warrants, Se¬ (P. O. Orangeburg), S. C. reported that' the above county ries 1932-A. $3,000 in 1956 to 1963, all incl. • Bonds -Sold—It is, that has entered*into stated $37,000 refunding bonds were pur¬ j 0 1 / ,i- i re { i f 1 ; j.x fund b i\ri a: contract to. re¬ Water improvement refunding $829,000 road bonds, for the bonds, Series 1940. i ■ c »'fit an'AMI •v. r THE COMMERCIAL & FINANCIAL CHRONICLE 2414 by Water Bond Hearing Ordered— The State Supreme to be made Bond Contemplated— Issuance that understand the city Howard County (P. (P. O. Big Contract Refunding anticipation aid Court road contract to the V ; is Albans: Denom. ' City, Texas ered. Bond Refunding Contract—It is $21,000 outstanding bonds of reported that the above city has this type. entered into an agreement to re¬ Lamarque Com. Sch. Dist. No. (P. O. La Marque), Texas 17 Bonds Authorized stand that the of suance the is¬ additional an bonds, sale $35,000 being a $300,000 issue voted May 31, 1941. • ■; at of 3y4% por¬ tion of the dated chase its market refunding bonds than the funding bonds. ; St. Texas Sold the We — Columbian Securities Corp., of San Antonio, has chased $10,000 3 semi-ann. be received by Mayor, until 8.30 air¬ Below will be found preferred those called stocks under called for redemption, indicates the redemption the details given in the "Chronicle." were Owners .1958 Corp. 1st lien cumul. income bonds Allied Stores Corp. bonds, 41/2% Corp. debenture 1st and ref. bonds due Arkansas & 1 1 mortgage 1st *■ " . 1827 1 bonds, due Bethlehem series 1957___ 1749 Steel F, due Corp. consol, Buffalo National 1951 Co. 1 1936__________;Aug 1 stock___:_ _Jun serial bonds due 1950 guar, ' 1951 Ry. & 1 1831 Marble Hamilton due Co. 1st By-Product 1955 mtge.- 6s Coke due Ovens, 1950 Ltd., ; 2183 - 5s 1 • , 1st mtge. 4s, ser. A, due 1958 -July Oil Co. of Texas 414% debentures due 1954__Aug Houston Columbus & Southern Traction Co. due 1947 Jackson Park bonds, , due Corp. National Bank 1,. 1 due 1969 Block 1st July Co. ^due 1949 Co. __ 1311 2278 "1920 - 1 ——____July mtge. 6s, series A, 1 • 2280 bonds Koehring Co. 10-yr. convertible bonds dated 1935___.July Lexington Ry., first mortgage 5s, due 1949___*___^__I_Aug Long Island Lighting .Co. 6% secured bonds due Louisville & Nashville 5(4%- debentures, due RR. 1 • >' unified mtge. 4s, due due Railways Corp. 1960_July 1 1839 9 2282 9 2282 1 2186 1 2369 gen. juiy mtge. Jun prior lien bonds, series 30 * 2186 A, 1 1950 • July 1842 * ' Pacific Great-Eastern Ry., 414'-i gunr. stock, due 1942_July 15 & Illinois RR. 1st mtge. 4Vzs dated 1915 Paducah 2097 « 2187 __^_July 1 4V2s, due 1956_, Sep 1 Pennsylvania RR. gen. mtge. 4'4s ser E, due 1984 Jun 30 Pennsgrove Water Supply Co. 1st mtge. 5s, due 1945__Sep 1 Philadelphia Rapid Transit Co., 5% collat. gold bonds 3% of Eastern bonds, Mfg. 1957 Poli-New Pipe Line Co, series C, Co.. Ltd. 1st mtge. & 1st lien 1962 2187 1st mtge. 2098 J Electric Denver, it is reported. V share Holdert Payable of Rec. 6-18 7-15 1 6-30 6-30 " 1 6-20 7-1 6-20 7- 8- 1 7-18 7-25 7- 7-15 ' 1 6-20 7-8 7-23 7-10 • 6-17 8-1 Association___j.__-_-____7 > $10 (quar.)_-_-—7 15c $134 7-10 7- 50c (quar.) 6-12 8- 6-26 6-25 6-29 —__________ 6 6-30 . Corp. 6-19 t25c 7-15 25c 7-9 6-29 Co.__:—25c 7-15 6-30* Pulp & 2014 Buda Company Budd , Wheel (quar.)—.:—— Paper Buffalo' - Forge' Buffalo 2190 Insurance Bush Term. Bush Terminal 2374 Business Shares, ' 6% 2374 6-30 preferred 7% 2288 All 1 > American 5% are: 77 pfd. conv, , arrears Callite 2288 9 $1 6-30 6-25 15c 6-30 6-25 7-15 6-30 7-15 6-30 7-15 6-30 (quar.)__ B 6% Power $3 preferred_____ ■ t$3 1927__;-_:_l__;__;-7 series t$3 t$334./ cleared are with the . payments, . Tungsten 2192 Registered Canadian $1% Co. 3734c 7- 1 6-20 10c 8- 6 7-22 (quar.)_______ t$2 48- 1 (quar.) tl2 34c 7-15 $1234c $50c 7-15 6% pfd. Commerce (quar/ , . 2'/2c r . i & coupon Co. Power (s-a). -v-V 30c common.;.,:;- * „ 50c . Tybor Associates Stores, (stock). for Inc. each ■ B 50c 6-30 7-1 6.-297 6-29 7- 6-30 6-25 8- 7-15 6-30 Fund, 7c Inc (irregular) Equip.-com. voting-trust-ctfs. Company Bank 1 6-20 7-1 6-20 6-30 6-26 \ 6-30 .7- of Brooklyn Mills G. 6-23 $5 6-25 6-15 50c .15c 7-21 ; — 7 quar.)__ t Ltd. 6-30 6-25 7-25 7-10 8-28 8-12 75c 25c 7- (irregular)—-: Dental Mfg. com: '(quar.)——— Commerc-al Corporation — •.Community Frosted Foods—1st participating preferred Consolidated : Extra Car . 6-19 7- * 6-25 1 7- 6-22 6-22 1 7- 1 7-1 6-26 10c 6-30 6-23 10c 75c $1.40 7-15 ——— >-" v (s-a) — Heating——:————-; ' _____—-- Consolidated , • 6-19 ' 6-30 Shearing & Stamping——-10c Trust Co. (N.J.) (quar.)——7 50c Commodity 6-26 1 6-30 7% Commercial • 4,- $2 preferred (quar.)———' 513A Comm'l Banking Corp. $1.20 pr. pfd. (quar.) 30c 7% preferred (quar,)_—-—35c V . 8- 8-14 25c (interim) _ 6-10 , 43c (s-a)__;: Mines, Iron—— & 6-26 1 7- (quar,)—1734c (increased i Willans Fuel Columbus (resumed)—, (liquidating) * 4-10* 50c (resumed) Co.——— Copper "Columbia com. 1 3 50c 50c . — preferred (quar.)——4334n Colorado 6-26 6-20 6-19 6-20 .Chilton 6-19 6-30 1 6-30 Chile 6-19- 9 7- $1 .7-15 7',7 convertible preferred Cleveland & Buffalo Transit 6-19 6-19 • •• • 15c " 6.-22 „7r 1... - Co.—— Common 6-20 7 6-30 50c Republic 7% . j " ; Process .(irregular)---;..- Chicago & Southern Airlines .. 6-22 share Franklin .Chicago Railway 7- 16-20 9-25 9-1 6-24 1 One' '' Citizens 1 6-30 6-30 Chemical r')\- ; - $1V*'.. class 7-15 7- Specialty Co. (quar.) —• 1234c Central West Utility (Irregular)—30c Chase National Bank (NY): ls-al—: > 70c ' . 6-30 6-30 7- Aguirre share , . , (quar.) Light Cochenour 7-15 • Central - ; .7- > 25c. (quar.)-Corp. 7 Carey (Philip» Mfg. Co. (irregular)—• 15c iCase-Lockwood & Brainard Co. (quar.) $234 { , 5%. pfd. .(quar.>—>c_' ;7pfd. (s-a) Manufacturing ; - 25c (quar.)—„___l. .7 A_ • (irregular) Gen'l Investments * 7- 6 _____' 25c .(7-15.--.' 7- 6"' (quar.)___4_„.s, $:i < > 7- 1 6-20 class Corp. Bank of Canadian 2288 25c .7 Pipe Co. 6% • Canadian 77-25. ' 7-15 i 6-20 /, 6-15 j 6-15 ■. 6-10 50c (quar.)__ ' * * when Holdert Payable :, oi Rec. Share : (quar.)_^__„__ non-cum. Piano 7-10 (quar.>_____ common California Water & Tel. Co., :. y "'' Per Cement— preferred 7-15 7-25 shown" above. 2288 , American 6-24 8-1 t$6 . preferred , 7 6-29 t75c preferred..;—-.—; ' 6% 2288 previously announced, but Further'details and rec¬ 6c Equipment Locker '7-2 pfd.____>——\ (N. Y.) >(quar.)__>-_'> preferred 2288 r 8 5% Ltd., California-Oregon 7- 45c .• 7% Co., Central •••••; ,v common Iron Co. Bldgs. non-cum. held (quar.l_—. & .V > 2191 1 .7 common Portland : Inc., 1958 American Potash Apex Electric Atlas —_____Jun 2284 7% Mfg. Tel. Co., Thrift Attleboro Autoline $1.50 Plan Gas Oil Ltd., $1.25 8% Banking convertible Series B Commercial * Bartgis * Bathurst Bros. Co., convertible Pwr. & pfd. (quar.) $1. tl7'M»'C •» -$2 , (quar.) (irregular)-—. Container Corp. of Amer. common...:—"—Cooper (Peteri Corp.. 634% pfd.__, — Corn Products Refining Common (quar.) — .7% preferred (quar.)—; Creamery Package Mfg ________ Crocker-Wheeler Electric Mfg.— Crowell-COllier Publishing 7%. pfd. (s-a)—_ Rendering „ •. , $3 25c t$2% ,75c $1% 3734c $334 . 7-15 6-30 6-30 ' 6-24 6-16 . 15c • 6-30 7-15 8-20 8- 7. 6-29 1 7-20 5- 7- 7- 7-15 2, 2 7-10 6-30 7-20 6-30 8- 1 - 7-24 Co. (irregulart__ Corp., common preferred 6% pfd. (quar.)__ (quar.) Pap. Co., Ltd. cl. A — (quar.) - 7-15 7- 7-10 6-30 6-30 6-30 Chemical Steel Corp.—'——— Diamond State Telephone 6-25 6-15 Diocesan Investment Trust 6-24 6-23 1 7-17. 7-1 5c 6^30 3734c■ f6-30.r t25c 9-1 - :— Co. (quar./—:i (quar.) , i Home 534 % Dunlop ceipts 6-30 Dwight . East. Manufacturing Co. Tenn. 6-25 6-20 Eastern 6-20 8-7 Eastern Extra Stores preferred (quar.) Rubber, Ltd. American for ordinary register. & West. No. C. Magnesia Talc Co. :l Transp. 7■ 5' 6-27 • 2 -9c 8- 1 7-14 7-15 6-29 $$1% 8- 1 ■ 7-13 re¬ (irregular).. (irreg.) (incr. quar.) — Township Telephone Co. Easy Washing Machine 1% 1 deposit 43%c 7-20 15c (quar.)__I .Domin'on Tar & Chemical Co., Ltd.— Dixie 6-30 7-15 ? (quar.)_ Inc. 7- 2 . 7- 1- .7-31 25c $iy2 60c Products Co—25c Brothers, Davidson - . 25c (quar.) 7-15 Davidson 7- 1,. .7-17 ..13c .— 7-24 Co Detroit . (reduced)— 7V2c Abbey Cypress 6-19 7-15 Drug 7-1 3734c (quar.) com. 6-26 7-1 7-15 6-26 pfd. (quar.)____ $134 Stores——25c 2c Crystalite Products Co., 6% Cunningham 6-20 6-20 7■ .... 20c • (irreguldr)_;_—; common Wilcox pfd. (quar.) (irregular.)- (Phila.)— & • $334> pfd. Inc. 6-30 77- 1' 7-15" 8—1 6-27, ■ . $l'/2' 37/4C , (quar.)_, , preferred Fund, Babcock 26 com. Corp. 7% Light Co. Axe-Houghton 6% SI $134 Manufacturing Co., preferred (s-a>__ July 22 1st mtge. bonds, due 75c Corp. A i Bankers 1844 (irreg. ) (liquidating) prior pfd. (quar.)__ cl. -__r. Associated Athol Chemical & Corp. $2 Mills Automobile due England Theatres. Steel Inc. Brompton $iy4? .7- 1-' 7 6-22 $3 ,7- 1 6r20 American Discount Co. of Ga. fquar.»-_i—_. 15c > 7-,l 6-22 Amer. Fidelity & Casualty Co., Inc. (quar;)' ,' 15c 7-10 6-30 American Fork & Hoe 6% pfd. (quar.) .• $134 ■ 7-15,, 7- 3 7% • 1 - Packing preferred Arlington 1 Panhandle l'/o Co, Anglo-American July Paton 56 Co. 2190 .1 1 1 . ,—i Extra Class 414% 1958 due 1, ' Co. Nice Ball Bearing Co., 1st mtge. 3-5% bonds, due 1945_July Oregon-American Lumber Corp. 1st mtge.- income 6% bonds Reduction Corp. Aggregates 1839 July July 1, 1958. on Central Inc-.„-1_—_____7": Cast 1839 _— York A, ser. I .irregular) American 1 — Bridge bonds^ New Air American —1 ___ Cincinnati & ; Department"- in the -week when Name of Company Straus, American * 1952_Oct 1st 1941 j Stockj Co. 2280 1 mtge. & ref. 6s, due 1943 July 1st mtge. & ref. 5s, due 1956 July Munising Paper Co. 1st mtge. 5s due 1947——___;__July Nazareth Convent & Academy 1st mtge. serial bonds dated V Alpha 1 v Due Market Brainard Brink's, 7'i- "f-.>7 V./ .V; A*' issue. News 2185. Michigan Gas & Electric Co.— Newport Acme' Allen 1945—July Long Island Lighting Co. this show the dividends & Abraham Albany ____July .1 _______ $24,000 in Edison Boyiston 2189 grouped in two separate tables: " In the Investment 1 2185 3(4% :; Aug 5s, mtge. The dividends announced this week 2185 mtge. 1st 1st in are Aeronca. Aircraft 1 dated 1, at the First National of flame of Company Boston 2189 due • : —_— Service # > DIVIDENDS we 1920 Aug 1st ___, Public '7,; briftg together all the dividends announced the Then we follow with a second table in we and 1837 1 1 1946 "r . 1944__——7—Jan 1 mtge.-5% bonds due 1958—77__July, "1 5$, mtge; declared. —July 5s due mtge. 2372 ord of past dividend payments in many cases are given under the company! name in our "General Corporation 2184 4 July on ( issue of water1 bonds, Bank .■ entire _____ Gas & Electric Co.,, Ry., which have not yet been paid. 2184 ____^._____July mtge. s. f. —_—,_I 1946 Kansas City Gas,Co. 1st Kansas Power & Light Kewanee debentures 1st Co. Hampton * Announcements which : 1st ________—_——_____ Debentures ref. & first 2184 -mtge. bonds, due 1948 —Aug 1 Inland Steel Co. 1st mtge. 3s, ser, E, due 1952._ ^.July 15 Inter-City Baking Co., Ltd., 1st 5V4s, ser. A—_~___—July 1 International Paper Co. 1st & ref. 5s, ser. A and B, Interstate & News Dividends 2094 Indianapolis, bonds, 1946__——: due Power S|:]: 2278 Inc. 3Va % Hazelton Water Co. 2099 • current week. debentures, due 1950___;,__Jun 22 Harding Bldgs. 1st mtge. 5% bonds due 1947 -____LJuly 1 Times, 1927 —July..l serial 1—July 2366 2184 Hartford Virginia 1 , Call—The ( debentures, 2006 - - 29 ____— 4 y2 % Ga., 1956 1st , ser. 2366 1 Bond 1956, $23,- 1958, Central 2366 3 July 1st 20-yr. —_____—__Jun « - dpted 1927 Jun 30 Investors Co.; inc., 3(4% debs._____Aug 1 Genera/Realty & Utilities Corp, preferred stock __;___July. Georgia-Carolina Power Co. 1st 5s due 1952____ July Georgia 2189 . _____—: re¬ WYOMING Buffalo, Wyo. ■■■] ■' r-. When 2182 Coosa Portland Cement Co., 1st mortgage 6s, due 1944_July 20 Evanston Bus Co. 6% income bonds due 1962 ___lJuly 1 Flint Capitol Bldg. Co., 6% bonds General American 7- 1751 1 6s, West Ohio Gas Co. ^ 2181 . .I .! ;• VL-" ■ ■■■"!,X946_^^_l—----Aug. 1 B, due 1950—-Aug,1 C, due 1952___^--r-~w---_*.-il--Aug 1 5s, ser. J. s. Newport 2363 1. Atlanta, r ref. due - .______„_July 1st &; ref. 4y2s, due Lighting Co. ref. & * 7.7 ______July ___— & Southside v 2091 - 30 Citizens Independent Tel. Co. 1st mtge. -.4y4s due 1961_July Connecticut Power Co. 1st & gen. mtge. 3'Aft series B bonds due 1967—v Connecticut 1st 6%. July Corp. preferred Chicago Union Station and 3*4% mtge. 1959__;_____„ Biggs-Long Realty Corp., bonds dated is quired. of Amer. 7% 1st pfd.___._-— t$3l/2 -Beatty Bros. 6% 1st pfd. (quar.) t$134 .Bell-Telephone of Penn. (reduced quar.)— $134 Belt RR. & Stockyards Co., common—.' 75c '.6% ..preferred '/—-__i 75c• Benson & Hedges $2 conv. pref. (quar.)50c' Bloomingdale Brothers, Inc 20c Bobbs-Merrill Co., 434% pfd. (quar.)______ $134 Boeing Airplane Co. (resumed) —: $1 Bohack (H. C.) 1st pfd._ t$l series A, - of Club 1929 1st 1 ■*" ■" 2363 .July bonds, $500, payable Treasurer, Bearings Co. 2189 Virginia Public Service Co.— 1st & ref. 5y2s, ser. A, due ' • be ' 2189 X ——July Underwriters Bldg. Co. 1st mtge. 5V2.% bonds.due 1950.July. Union Terminal Co. 1st mtge. 334 '£ bonds, due 1967—Aug Union Traction Co., Phila., 4% bonds due 1952,—July dated * "1 Village A Page lstj —l — 1946 Atchison- Topeka & Santa Fe Ry. Rocky Mountain Division 1st mtge. bonds, series A, due 1965________July Bay way Terminal Corp. 20-yr. 6% income 2nd mtge. and 1957 in . . 1 mtge. bonds_;__,' 1st mtge. 6y2s, Inc., the to to , Standard Memphis Ry., Bridge & Terminal Co., 1st 5s, due 1964___:_1________'____. .___'___Sep Arnold Print Works 1743 1 ;___Aug 000 Julyvl Schuyler Hudson Corp. 1st 4s, due 1947——-July 1 Scovill Mfg. Co. 334"%' debentures due 1950——'—July 1 Seaboard Air Line Ry. receivers' equip, tr, efts.—i,_^_July I Shenango Valley Water Co., 1st mtge. 4% bonds, series ' B, due 1961— : ■>. — July ''1 Sioux City Gas .& Electric Co. serial debs., series A——July I Sisters of (pharity of Cincinnati 1st & ref. mtge. collat.{ ■trust bonds, series A, due 1949———.——July 1 Smith & Wesson, Inc. 1st mortgage 5V26, due 1948—iJuly 1 Springfield City Water Co. 1st 4s, series A, due 1956—July 6 Square D Co. preferred stock—.—i__4_^un. 30 Standard Bleachery & Printing Co. 5l/2% bonds due 2178 l950___July Mills, Victory 1943 bonds A certified check for in 1952, $21,000 in 1953 to 1955, $22,000 in 'Date. . blank by the successful purchaser. 1928, are being called for payment —July due due ___ • - 1943 and 4V4% mtge,'5% due ; of cost borne were 1948, $19,000 in 1949 ■ Page ______July 23, 5% and 1947 " - < mtge. serial bonds due 1949______ '—_—-July 1 Francisco Paramount Corp, 1st mtge. bonds due Saratoga the about to 1951,'$20,000 Due Joseph! Sanitarium of Mount- Clemens, -Mich., San Series in a J' \ ; The subject 1.98%, divided as follows: $445,000 maturing Jan. 1, $52,000 in *1943, $16,000 in 1944, $17,000 in 1945 and 1946, $18,000 price of. 100.135, a basis of about ; of Bank. issued approving opinion of Lines, York, at par, a net interest cost ref. - Date ______ Arizona Power cou-j- Charlottesville, as 1.70s, paying Company and Issue— The date • Company and Issue— Allied New Sale—The following be Spooner & Quarles, of Milwaukee, syndicate composed a State to the cost of such opinion as well as June on are to the (P. O. Goldman, Sachs & Co., Estabrook & Co., Blair & Co., Inc., and E. H. Rollins & Sons, all of semi-ann, bonds aggregating pon Fisheri St,-. and the page number gives the location in which ers, Bond re¬ p.m. last date for making tend¬ or sale Plains bonds Issue).housing bonds of¬ for awarded to Suffolk, Va. serial 1.685%: including sinking fund provisions. fered ' ; $100,000, offered for sale on June 18—V. 155, p. 2142—were awarded to the Peoples National Bank of W. list of corporate bonds, notes, a A .(First Cross Wash. Seattle), 1, 1942. Denom. $1,000. $1,000 from July 1, 1943 to Prin. and int. payable at the 1957. v Housing Authority Bond Sale—The $498,000 VIRGINIA .f Redemption Galls and Sinking Fund v ■^; Notices /v. Seattle genuineness, and approved Charles D. Wat¬ (EWT) on June 29 for the purchase of the $60,000 public impt. bonds. pur¬ for bids will be isued. the purchaser 18, 1942, at the Co., St.a Albans. Trust In¬ Dated July Due of Vt. B. will, be consid¬ bearing , Albans, delivery 1.90s. WISCONSIN $400,000 water system exten¬ sion bonds offered on June 17, were not sold, as the only bid re¬ ceived was rejected. Another call , of St. Albans. son, V Bond Offering—Sealed bids will understand ' Wash. as • It — Agnes Edwards, City Clerk, that $1,000. No bid for less and accrued interest to the original on * * Sold the to legality by as County (P. O. Mar fa), Bonds and and interest with shorter maturities to as A value incl, int. Delivery to Peoples VERMONT Presidio that of series 1 These bonds will be authenticated outstanding refunding March 10, 1933, and interest, by the pur¬ of bearing 5% Commissioners Court recently authorized construction bonds We under¬ — $26,000 balance • 1965 $27,000 in 1964, terest payable J-J. is stated by Cross Plains, Wis. Agnes Edwards, City Clerk, that the $.400,000 water system exten¬ Bond Offering — B. A. Faust, sion bonds unsuccessfully offered Village Clerk, will receive sealed on- June 17, have been purchased and oral bids until 2 p.m. (CST) by Blyth & Co., Inc. of Portland, on June 30, for the purchase of as $15,000 2% semi-ann. sewage dis¬ 3V4s, at par. plant construction bonds. Bonds Not Sold—It is stated by posal about Aug. or on fund fund of date to 1959 and 1960, $25,000 in 1961, $26,000 in 1962, as 2s, and $53,000 maturing. Jan. 1: $26,000 in 1963 on 1947 to 1962. Renton, Bond (F-A) payable the Peoples Trust Co., St. at Commissioners 1961 , and than par Texas re¬ from 15 Prin. re¬ June on bonds, the above county a Approved—It that , Texas the district. designated portion of State- has entered into Bonham), Due and 25,000 not to exceed 3% interest refunding bonds. Dated Aug. 15, 1942. Due $5,000 on Aug. 8, approved the re¬ funding of bonded indebtedness of of its Texas will not be able to pay full ported In — State the that O. h: Refunding Spring), Texas Bond National Bank of Boston. 1947 to 1962. WASHINGTON $5,000 in 1956 • and $7,000 in 1957. Prin. and int. (F-A) - payable at the First . Shiloh Com. Sch. Dist. No. 28 set for June 17. was June 1 follows: is $10,000,000, considering the possibility of pur¬ water revenue bond issue, with chasing the existing water system which to finance a new water for an estimated amount of $225,supply system for Houston. The 000 by issuing revenue bonds. hearing on the mandamus petition a approve each issue. on June 1 in on 40,000 refunding bonds. $12,000 not to exceed 4% interest refunding water bonds. Dated Aug. 1,1942. Due Aug. 1, as San Benito, Texas We aggre¬ gating $37,000. Separate bids must 1952. to granted the request of the city for permission to mandamus At¬ torney General Gerald C. Mann and make him show cause why he following described bonds approved Court op Due from March 15, 1944 Jan. 17. Court on June 10 refused refunding bonds, the Commissioners port Houston, Texas 1 Monday, June 29/1942 (quar.).: pfd. (accum.)—_ 15c 75c 6-26 $2 6-27 6-20 $134 $134 6-30 6-20 25c $17 34c 7- 5-26 7- 8 6-30 6-20 7-15 7- 2 1 6-30 ' 6-20 . Per Name of Company Holder« When Per \ ' preferred (quar.) •— — participating prior preferred (quar.)__ Emerson Electric Mfg. Com., (irregular)..,— 7% preferred (quar.) Equitable Invest. Trust (Boston) (irreg.)___ $2 Erie RR. beneficial of 7- 1 6-20 1 6-20 7- 50c 7-10 6-30 6-30 6-20 7- 1 6-20 . . 8-17 7-31 7- < 1 Fruit the Loom of $3 GalveSton-Houston non-cum. 1 7- 1 Electric Gardner Light common—— & 8- (quar.) Class B ___________ ■■ t 7-15 Powder 6% Co. 1 Pharis 7-13 6-30 6-22 , 7- 6-15 8- 1 7-15 v 7-a * 1 6-20 ) 8- 7- 1 > 7-25 7-25 > 4f 7-17 7- 1 6-26 ■> 6-30 6-20 6-20 6-30 6-30 7- -.7- preferred 7-15 6-16 7- 25c Co.. .... 7- & Company; Kawneer : —...— ..... (G.t Brewing Laclede-Christy Clay Products.—: Krueger •, Company •I 1 7- 9 j / 6-22 , • 6-23 •"> 7- 1 Lamson 7- 8 6-20 Q'/V 7- 8 6-20 8- 1 Leich & • Liberty Aircraft Products....—....—....... Liberty Loan Corp., class A.—...... Class v . 6-30 $3.50 preferred (quar.)—..—.... Insurance Co. of Virginia (quar.)..— Mahon (s-a» .- Field Maryland MCCall & Co. (quar.).. pfd. Drydock 7% Massachusetts Investors Corporation 1 7-15 , ; 6-19 (quar.)—Y , 7-20 1 7-t'17 8- 1 7-17-r 7- 1 •7- 1 v -= ■' i • . 6-15 - 8 3. preferred preferred Street Co. 7- 1' 6-15 A 7- 8 -4- 1 8-26 8-1 Corp. Investment of 6-30 8- 7- ____ Nashua ' * • ^ManufacturingCo,^lst pfd. (quar,). $114 , Extra i———1—83c .'2nd preferred Aquard..——— —A" 50c 7%.,class C preferred;1 (quar.)..A—" $1% National Biscuit Co. 7% pfd/ (ouar.) __—• $1% National Bronze&. Aluminum Fdy.__: v 50c National Distillers Products Corp. (quar.)... 50c National Screw & Manufacturing.—— 3714c National Tool Co. <quar.)T 10c Naumkeag Steam Cotton $1 New Bedford Rayon class A (irreg.) u—. 75c New England Confectionery Co. (irreg.).— ,75c New England, Power. Co., 6% pfd. (quar.)... $lVa — New York Norfolk Telephone & Western .Adjustment (quar.) Ry. preferred com. (quar.i (quar.) ^ non-cum. 7-31 , . $lVa $214 $1 7- 6-30 7- 7- 8 , 7- A 77- 4% (quar.)—,.. - Cold .Storage prior 6-25 7-25 Goods Aluminum Manufacturers, 7- 1 6-17 7- 1 6-22 7- U.s S. 1 Industrial Alcohol -70c convertible , A 10- 6-30, Y Y 1 Quarterly 7r B American 6% . ; , Bank American Brake Shoe & 7% 6-26 8- 7-10 7-15 7- 3 7- 7 American 7% 6-30 6-20 6-30 6-18 8-15 7-31 5c 7-20 7- 6 • 6-30 6-22 , . ..7-15 7- 6-30 7- 2 6-20 7-1 r ,, 6-22 .5c 8-1 7-15 ;7-10 7- .8-15 7-31 8-15 7-31 6-30 6-18 6 12c (quar.)„ 6-30 6-15 12c 6-30 6-15 6-30 6-20 $114 2 6-24 6-20 5-14 7-15 6-30 7- $75c 6% B 1044c 15c ^ Mfg. Co., 4% - 1714c 50c (guar.)_ (quar.)___ 6% 1st 2nd American 7% Hair & 6-30 6-15, tl5c Pa.)— conv. pfd $114 50c $114 15c Y__. (quar.) 15c ___Y 7- 1 , 6-16 7-1 6-16 7- 1 7- 1 6-12 preferred, preferred Rubber 7-13 6-5 1 6- 7-20 7-10 American Hide & 8-, 1 7-15* convertible 1 6-22 6-30 6-30 6-19 7- 1 6-12 75c 6-30 6-15 75c 6-19 CO.— preferred Insulator 6-22 7- 25c (quar.) Leather Products 7- 1 $134 Steamship Hawaiian American 6-19 6-15 6-15 25c (quar.) Corp. Home 6-15 $114 common Hardware 6% 6-12 6-15 8-25 11-25 8- 8 $114 (quar.)_!__. preferred Hard 6-12 - Felt Co.— American 1 6-24 6-19 6-30 7- 1 (quarY)— 6-24 7- 7- 1 6-30 $134 (quar.)______ 6-30 7-15 6-19* 7- 1 6-30 8c . , (quar.) 7-1 15c 25c 10c $1.3114 Crystal Sugar, common. preference American Corp.— $1% (Reading, American 50c 20c 25c 7- 1 6-11* 6-11* 6-23 6-19 6-19 6-19 6-17 6-17* 6-15 7- 1 6-30 1214c 7- 1 American Dairies 7% preferred (quar., $l34 x 7- 1 American Dist. Telegraph 5% pfd. (quar.) $114 7-15 American Envelope Co., 7% pref. A (quar.). • $134 9- 1 7% preferred A (quar.) Y__ [ $134 - 12- 1 American Export Lines 5% preferred (quar.) $114 8-15 American Express Co.* (quar.) $1147-1 American Felt Co., ,6% preferred (quar.) $114 ' 7- 1 6% preferred (quar.) ' $114 7- 1 American Fork & Hoe Co. 6% pfd. (quar.)_$114 7-15 American Furniture Co., 7% pfd. (quar.) $134 7-15 American Gas.& Electric 434% pfd. (quar.) $1.1834 7- 1 American General Corp (special) 15c 6-30 5% 6-15 Cigarette & Cigar— preferred Class $6 Co A (quar.) 7-1 7-1 75c $3«4 Y___"Y 6% .preferred American American — 6-15 class A____ American Cyanamid Co.> class A 6-15 7-, 1 r „ American , 6-22 Y 50c . ' _• 7-1 preferred Casualty Co. American Central , 8 $11# $114 : 75c common. Quarterly 6-i5 . ,__a_„ 6-15 Car & Foundry Co.— non-cumulative American 1 $134 -* 6-30 7- 1 ; 7-. 25c . 6-19 7-15 7- 1 Can.Co.,'7%-, preferred (quar.)... American Capital Corp. $3 preferred % ' 7-15 50c (quar.) .7- 50c a_; 25c $114 Y.)— American ...$$114 " 7-3 (s-a)__. Foundry, --....i,.-.. preferred 6-30 %t$I iA- 6-16 7-15 10c nfd. American Business Credit-Corp., 90c — 6-30 common... Corp., 6-25 7-20 6-25 ,7- 1 (quar.)____„...^_„_^_____ 7- 7- 6-15 6-16 25c 8- , 12-15 7- 2 7- 1 $1 < ... Note, Bemberg Extra . 9-15 9-15 12-15 $1.061'4 (reduced) preferred 514% , 6-15* 6-15 6-15 30c (Del.).. __..y_ — American 7 6-15 7- 1 (Chic.)— Agricultural Chemical Co. Class 7 6-17 6-15* Y Airlines, Inc.— Extra „ 7- 1 6-30 6-30 9-30 9-30 12-31 12-31 $l3/4 $25c 10c _.__.__._%_YY-_.-'___-YY. ^ $114 50c .Quarterly Y__ Asphalt Roof, 6% pfd. (quar.) American Bakeries, class A (quar.) Ltd.— preferred (quar.) 7- . . preferred 6-10 7- 1 7-20 50c American 6-16 8- 6-15 6-10 6-10 7-1 6-30 $l3/4 Y_____ $4.25 convertible preferred (quar.) American Alliance Insurance Co. (N. „ 7-31 6-30 6-30 > t$31/a $214 , - (quar.) preferred (quar.) Conjmon: (quar.) American 6-17 8-15 7-15 • 1 15c 7% Amalgamated Trust & Sav. Bank 6-23 $1 (quar.) participating Holding .Co U., S. United Stockyards ' 7-15 7- 7- 7- 1 7- 1 7-1 50c $l3/4 (quar.) (quar.). American 1 50c ( Co Amalgamated Electric Corp., Ltd Amalgamated Sugar Co. (quar.)... 6-30 8- 6-20 6-23 6-23 25c _________ common ... ,. 6-17 6-30 Manufacturing 7% 6-20 7-15 ' preferred Common z 6-20 Corp.— 6-30 • 7% 6-22 ,7-15 6-30 6-30 6-30 $1V4 preferred (quar.)_u__YYY.—1 Aluminum 6-18 6-10 6-20 6-20 Y" $114 25c a___ regis, (final) Co, .(resumed) 6-24 8-31 6% 6 1 6-15 7-1 6-30 Aluminum Co. of America—' 7- 6-25 9-21 6-30 15c (quar.) I...... Allis-Chalmers Manufacturing Co. 6-30 6-26 1 7- 1 25c 25c 433/4c (quar.) (quar.) 50c (quar.)_. Ltd.—" 1 A 6-17 7- 10- 15c ...u common 7-25 1 6-20 50c $114 5%. preferred 3 6-25 6-26 12-19 7-1 $3 25c Allied Stores Corp. commonY— 6-23 7- Corp., 25c $23,4 pfd. A%(quar.> preference ■ 1 6-19 .Class 7- 2 12-29 35c (quar.). com. J75c A ... (irregular) ___a_ 6-30 ■ 6-19 ; 7-17 6-20 1 $$214 (s-a) Special 6-17 1214c $75c Corp.—___Y—— dep. rets. ord. Specialties 6-25 1 7-15 (quar.50c Fuel U.YS. 1 7-31 7- 6 12-24 Pacific, Insurance- (Seattle) United 6-20 12-28 Manufacturing Co;^_.a— Bond/Fund——Y_A— Income/FundY—_aYai__ American, 1 7- pref. (quar.)_...._ Products 9-25 claSs' 'AY (quar.)A—A CO., preferred Laboratories, Inc. 7- 6-18 6-18 7- $1V2 5% Machine 7. 1 7- 1 8-1 5c Adding Allied , 7- 6-15 6-20 6-10 $$134 $1V2 (quar.)___ Y Allied 1 Corp../(resumed) MolaSses (quar.) 5 7- 6-30 $114 Markets, Inc. pref. 6-20 6-26 . Super Allen-Wales 6-25 7-15 7-2 7- 1 7- 1 ... RR. 1 7-1 Trust Investments, : 7- 7-10 6-12 6-20 10c (quar.) $6 7- 1 4c Extra 6-19 6-25 75c t$l3/4 $4.50' preferred: (quar;) YAAl_— 5% Y preferred,. (q.uar,)-_-a„_— United 1 ! 1 6-30 (quar.$114 : $1% $1V4 (s-a) $414 pfd. ' 3 (quar.) 6-23 9-19 1 6-12 $$13A 75c, Allegheny Ludlum Steel Corp. (reduced) Allegheny & Western Ry., gtd. (s-a) .... Allemannia Fire Ins. Co. (Pgh.) (quar,) 3 6%, class A .preference 3 8-19 1 7- 6-16 6-6 7- 30c Algoma Steel Corp., Ltd., 6-19 7- Lithograph 6-30 7- 1 6-30 $114 Preserving, Ltd.— preferred (quar.) Preferred 6-19 6-15 7-1 40c : 5-30 United 7-15 7- 1 6-16 $1 • .... $6 6-24 7- 1 Wood Preferred 6-26 7- Co., 7-10 15c (quar.) Fund, Inc..- Power 6-18 6-29 3714c f (quar. & Susquehanna Albers , 6-19 7- United 1 6-20 - 7-10 , f United 6-24 Yv 1 7 7-15 Electfjc.;CoAofAMissoUri— y UniOm 7-15* 8-1 Alberta 7-15 Unton?Bag^&..tjPa.pertCori>ii'j---—„ 6-23 8-14 8-31 Alabama Albany 6-15 Ghatillnn^Qorp.—j; 6-23'' >: .United 1 ' 6-30 7-15 (quar.)_ (quar.).. Insurance 1 6-20 7- 2 25c (s-a) Inc. Surety Co. 7- 7- 1 , 20c * Agnew-Surpass Shoe Stores, 7% prefjquar.) Agricultural Ins. (Watertown, N. Y.) (quar.) Alabama Mills, Inc. (irregular). 7% . 6-23 1 6-1 7- Securities, 6-11 6-11 7-15 $$314 Standard Engineering Co.—. preferred (quar.) 5lo 7-15 $1 YTroy Sunshade Co.Y (quar.)J— . ' 7- Aetna 7-15 Affiliated Shipbuilding Co._Y__ —75c .$114,Y Manufacturing,Co. (quar.)—Y—... .-Union- ,. 6-23 i- Aetna 7-15 8- 10% Udylite Corporation /-,-.-—A—, 7-15 7-.1 6-19 8- . 1 Insurance (stock)——- Canada common Traders-Finance ,6% ?A $7 Y , 6-30 7-25 Aetna 15c Y Oil Co., Tubize 7-13 7-15 Casualty & 6-23 common——; .—A 7% pfd—^ a. TradersABuilding Association 6-12 ' - Aeronautical Aetna 7- "A.' preferred YTowle 6-20 . 9-17 Life pfd.(accum.) Mfg. Co., Inc., class A 7-20 $1.20 ;. Coro.._.__Y_^: , National Toledo 6-25 1 9- . (quar.i— Engineering Co. Timm-Aircraft 7-15 ... , preferred 7- ; 1« 7-15 — Indiana-Gas & Electric Co.— ;. 6-24 . i (quar.)-i A . —„ 7-11 7-15 Aero Supply Works, Ltd., 614% 8- 50c 75c $2 60c 3714c 37'/ac / Y common.—— r —_ Sun 1 7- Telephone Manufacturing Corp. preferred (quar.) State ; 1 30c 8-20 Glove 25c preferred-(s-a) —ARR. Co. (irregular)— Southern Berkshire Pwr. & Elec. Co.— Southern Calif. Gas Co., 6% pfd. (quar.)—" 7% 8- (quar,) $114 Minnesota:Valley- Canning.;5*%',,pfd. (quar,). $1.14 » "jMlssmiri Public Service (.irregular)-———=. • 16c v Made. Q'Day Corp. (irregular 20c Monroe Loan Spciety class " 5c i 14 %- preferred Y(quar,;)'-il^^-Y--—34%c... ; Montana Power $6 pfd. . (quar.)$114 i MpntregL Telegraph, ■.(•increased^ quar.) t A, 148c ?Morreil (John) & —1...— . 50c Narragan3ett Electric A14 % pfd. (quar.) • 5614c Addressograph-Multigraph Corp. • of Reo. 6-30 6-30 $3 ^dams (J. D.), Mfg. Co. (quar.) 7-16 z 9-10 Yu-i—^——^—t$l34 —Y ; t$l34 Stanley Works (The) common 50c 5% preferred "(quar.i—AY—A.—; ' 3114c 8- 9 6-16 10-8 Holders $1 Abercrombie & Fitch $6 pfd, (s-a) - When Payable 40c ______ (quar.) $114 ——„— 4-14% class A pfd. (quar.)—_ Superheater Company (quar.)—^ Super Mold Corp. (Cal.) (quar.) ^ Taunton Gas Light (quar.) A——A—! Tennessee Central Ry., 7% conv. pfd..^____ Texas & Pacific Ry.-5% non-cum. pfd : Thatcher Mfg., convertible pfd. (quarJ 6- preferred 8-13 $1 conv. 7% 8- - the 10c $1 .-.(quar,)—" (quar.) common 6-30 $114 ' (irregular)Y-l Co.Ycom. Products Submarine-Signal Co-, 35c Gas-Lt. $5 partic. units (quar.)-—— Co._Y„ Manufacturing 5%. preferred 7% 7-15 $3'4 preferred Co.——A—————AY;, Storage 6-30 1 ... . Stokely Bros. & Co. 5%-prior pfd. (quar.) Stony Brook RR. Corp. (s-a)— 8- pfd. (quar.) $114 MpLellan Stores Co. 6% pfd,; (quar.)______/ r $114 Melville Shoe Corp. common (quar.) 50c •( : 5% preferred (quar.)—•___$114 Middlesex Products .Corp. ,(quar.l 25c ^.Middlesex Water 7% pfd, (s-a).——: %^idwest Piping &. Supply (irregular)——. (irreg.)— Y ' Y: com. 6-25 < 4% 6-24 Steel 7-20 Laboratories, Aeriie 1 — 7-15 1 6-19 Per 6-16 7- Standard Y 6-25 7- 6-24 6-30 share 7-22 7- 6-20 7-31 9-10 1 week, these being given in 6-30 $114 3c 25c pfd/ (quar.i—_ Co Brewing Stecher-Traung 24c __ this Extra 6-24 6-30 .--i' 6-30 20c ....... (irregular) 1 7- The list does not include divi¬ yet paid. ' '7-'' ; ■ '• Name of Company Abbott 6-15 6-20 2 7-15 McCrory Stores 5% IV^mneapolis - 6-30 (quar.)——$13,4 Trust . 6-20 .f,;'Yl :' Y Y1 6-15 * 2 1 7r2l 6-19 7- (6-18 10- v 1 7- $3 1 7-15 6-26 15c 30c (quar.I.¬ give the. dividends announced in previous- announced 8-25 25c Spicer 8-14 — 7- $114 Cement———_ Portland Cruz Southwestern 7: 1 7-' 1 7- 7-15 4.8% 6-20 8-31 & Tel. com. 1 preceding table. 6-15 , 6-30 (quar.)——- Southwest -Consolidated 6-20 7-15 .... Marshall 1 1 50c (quar.).— Maxwell & Moore..— Maritime Tel. —, (series- 1939) preferred Preferred 6-30 25c (quar.)—$20c 7% preferred (quar.).________ $1714c Marmon-Herrington Co. (quar.).. 25c Manning, 6-20 6-30 Southern 8- 20c Square Garden . (R. C.) Co. $2 class pfd. ^ 6-23 25c Manufacturing Clock 6-30 dends 7-15 6-20 9- 8 (quar.) 6% 7- : Lux 1 ■ South Western 6 7- 75c Lima Cord Sole & Heel-.................^ ;; 1; 10c Luzerne Co. Gas & Elec. 514% pfd. (quar.). $1.3114 Madison 7- 7- Life 6-29 15c Co. (quar.) 7-15* s' ■ 6-30 25c 1214c 12»/2c 8714c? . 7- we weeks and not preferred ' 1 7-29 7- 1 preferred Southeastern •» 7-15 8- 7- $5 • 12-24 7-25 , 6 75c (irregular) (quar.) $7 Sonoco 6-25 12-31 25c Below 9-10 1 6-30 Steel Car ■ Smyth 6-25 6-30 $1% A-,'. B % - , •«•••• ... Navigation (interim)— (Charles) 7% pfd. (quar.)—, Coal Youngstown < ,7^15 Lehigh 6-25 7- 7-10: 7-22 —— 6-18 Corp.. (Del,) common _______ 20c preferred (s-a)—$114 pfd,: (quar.J— ... $1% Lawyers Title Insurance Co. (Richmond, Va.) Common (Initial) __________—60c 6% preferred (initial s-a) $3 6%;preferred .(s--a.i—ui*—$3 Lazarus (F&R) & Co. (quar.) 35c Lee Rubber & Tire Corp.. % 75c 6-23 1 7-10 7-10 — . 6-20 r, 6-30 ; 1 10- (quar.)_ $114 $2.50 conv.-prior preference (quar.)—— 6214c Selby Shoe Company (irregular)—— 65c Shaler Co. class A (quar.)Y——— ;YA 50c Class- B—A———'—— 10c Shasta Water Co.-—_A__Y__——-— 10c Shell Union Oil Corp,—Y'U:k 40c Sigma Mines (Quebec) (interim)———.„ J30c Sllbak Premier Mines Ltd.—— +4c Sloan & Zook. Company (quar.)— 25c . 6-20 7-16 Lane Bryant.7% 7-10 3 5%, convertible > 7- 1 1 7- 30c (s-a)j——; 1 Security .i $114 Corrugating Co. 8-1 Seiberling Rubber 5%- class'A pfd. 6-25 7- York 1 :> 6-20 10c 35c ...... (irregular)., Lafayette Fire Insurance (New Orl.) (s-a)._ Steel Laclede . 7- obligations Scruggs-Vandervoort-Barney 314 % preferred , (s-a > 1 ,-6-24 ,■? , 9-25 8- — 6-25 7- 1 7- $2 pfd., (quar.) Electric Manufacturing 7- / 6-30 1214c 1 Towne 7- Santa , 7-1 7- & 7-25 Typewriter 6% ";7<* 2 ~ 10c Knapp-Monarch Co, common (irregulaf)—_;Y;Y 20c $2.50 preferred (quar.)__,...,-.._._..__ 6214c $2.70 preferred -(quar.)-—,., 6714c, 6-23 30c Suburban Yale 7-15 6-20 1 1 6-30 414% 7-15 6-20 7-15 Julian ;> 6-25 6-30 Stephens & Shinkle Shoe ,-r._ 20c Kokenge Co._— —75c Kamas City Title Insurance Co., (s-a)..'— : $2 Service Johnson Johnson, 6-20 7- 6-18 Elec. $3 6-20% 1 1 6-18 6-30 8- ' 10- 8714c Y preferred '' 7- 6-26 25c 7-15 & 6-22 6-16 ,7-1 common $114 5-25 $1% 7% 2nd preferred (s-ai_Y——yYY; $314 6% 1st preferred (s-aiYa Y..Y $3 Security Investment (St. Louis) com. (quar.) 50c 9-22* 1 6-30 2714c (s-ai——....... 40c $iy2 (irregular) Gas Co., common $1 (quar.) ___Y $1% St. Croix Paper Co. (quar.i "• SI St. Lawrence Corp. 4% cl. A pfd. (accum.iY25c St. Lawrence Paper Mills 6% pfd. (accum.) ' $75c San Antonio Public Service Co.— ' k, 3 6-30 preferred (s-^a)—...x,—$214 Co. 7% pfd.t$l3A 7-10 Wisconsin - 6-30 25c B 1 6-26 6-22 * Glass 8- $1 6-30 ) series A 7-15 $iy8 8-15 $3 6-20 514% 1 2 $214 Common' no'n.-voting shares (s-a)—— 6-23 5%: series 8- 1st 6-22 1 Jeannette 6-30 $$114 (quar.)_„ 8% ,pfd. (quar.i —; Co & 6-22 614c (quar.) voting shares; (s-a) 1 7- 10-10 C.) Inc. 5% 6-30 Royal > 6-30 1 (R. Line. $3 ... ; 6-23 7-17 6-30 1 (quar.)__ Candle 50c Common r Dividend 6-30 preferred A ——1- .$2 7 :■ 1 7- common 1 Richmond 2 7-15 6-30 7- Products—■ .-preferred (quar.)_. Y— —— .Fredericksburg & Potomac RR.— V 6-20 7-16 7- common 8- pfd. $2 7- Co. 1 Y. (quar.')_»_ preferred (CA A.) Reed , 7- 7- $114 (s-a) pfd. (s-a) Winchendon Elec. Lgt., & Pwr. Co. (irreg.) " 7-21 %'. non-cumA 1st preferred '1; 2nd ■ 5 6-26 , 7-17 pfd, Stockyards, Baumer Wilson 7-17 Ry. com. 5% class . 6-25 8-15 8-15 Worcester 1 9- (quarj; 50c ' Y . 50c A-_i„A-„t50c Rbinelander Paper Co. —Aii.— 20c Rhode Island Elec. Protective Co. (quar,)— $114 Rhode Island Public Service class A (quar.)_ $1 4 '•?: 6-30 y Savannah & Atlanta Ry.^5% Manufacturing 4 8- -• Schmidt James Williams 8- J$l34 Quebec Power Co. ;(quar.)_Y— —+25c Ray-O-Vacr.Co., common; (quar.)„ — , 25c 8%, preferred (quar.)___I_— 50c Reading Co. commonY(quar,)——-—— 25c ,7;%/ preferred 6-23 ■6y2% 7-15 8-15 50c / 8- 7-31 175c t$lVa $1.2714 " Provincial 'Paper 6-23 •_ — .... 30c Extra 4 1 Ltd. Co. & 1 $114 $iy4 Electric. 6% 1 1 —_ Will 1 1 ; 40c 6-16 7- 7- .7%, preferred A ... Util. 6% Iowa Southern (quar.) (reduced) 6-16 1 7-v 7- Corp. 614%. pfd, B 1 7- 1214c (quar.)_— Union 7- 7- Wico 7-15 t$l54 t$l3A Co. Wichita 6-26 (Toronto I— Pa. Weymouth Light & Power 7-15 pfd.- arrear ctfs,.._ Tool Machine Electric 3 1 $$1.20 Co. & Chlorine pfd. .6-26 .Mfg/ytquar.)——-——— preferred arrear certificates— 7%. preferred arrear certificates......... International Iowa Corp. Business; Mach. International 7- 7-17 , 50c 8- 8- $4.50 Prentice AG.'E.) 1% (resumed) Corp. Westvaco 6-20 7- * shares group Iron 6-20 1 7- (quar.) (s-a) (George) 1 6-20 6-22 1 preferred 7- ., .0224c 25c $114 25c t40%c t4334c t$114 Insurance Interlake Weston 6-30 - 7- — 6-19 5% 1 / 7-15 — 6-29 5 7-15 8-15 — 6- 4 6-26 (quar.)_, pfd. (s-a) York 6- 1 $134 6% Assurance New 6-30 7- $114 (quar.) (quar.) preferred 6-15 7-20 8-15 • 12% Western (quar.)i—$114 8-15 f 6-21 9-21 stock.-----15c Scfile 7.% pfd. (quar.) 1714c Portland Gas, Light $6 preferred—+$1 6-26 8- Western 1 1 Employees 6-22 7-15 preferred 7- & Plymouth .Cordage, , 6-26 . 6-22 Penn 6-15 6-30 7-1 25c 6-30 7-20 6-26 - Electric 7% 6-22 - Inc. Drug West 10- 22c (s-a)—_ Stores, Weinberger 7-15 25c $114 (quar.)—„ com. A 6-30 $414 16214 c j. Co., 6-22 from A_„ preferred non-cum. period 1941 31, class Co.— 6-30 $114 (quar.) (irregular)- Wire 6-26 7-20 6-22 1 ,6% • Dec. to $2.50 7-15 — 7-15 1 7- . 6-30 6-20 Fund Pneumatic, ...... Washington Title Ins. 1941, Co. 6-30 -■ 15c 30c 4.4% preferred Y(quar.) Y—$1.10 Philadelphia Electric Pwr. 8% pfd. (quar.)_ 50c Philadelphia & Trenton RR. (quar.)—— $214 Pick.. (Albert) -Co., (Inc. com", (irregular)--— 15c $1 preference (s-a i A--:_—--—— 50c Pictorial Paper Package (quar.) 714c V 8 9- 6-30 7-20 Rubber; (irregular)———— Philadelphia. Electj-ic common (quar.)— j ,7-3 Tire Washburn 7- ; Investment 6-30 1, & 6-22 6-30 pfd.— covering 7-14 50c Co.—-'Y class,A partic. preferred Jan. 25c /> : Peterborough RR. TNashau, "N. H.)~(s-a)—- 2 9-15 pfd, Securities,, Ltd.—1 7- 7-15 Hershey Chocolate Corp. common Y$4 conv. preference (quar.) Institutional • . x7r10 1-.25 (quar.)..—$114 (quar.)— 75c —_,YV, $1 Y. Higgins Indus: Inc. 6% cony, pfd. (quar.) 30c Hollinger Consol. Gold Mines (monthly)— $5c k Home Dairy Co., Inc. Class A (irregular)... 25c Hotel Statler 6% pfd.; (s-at—— ,YY 75c 1 %. preferred (s-a)—Y_.__._-__...—i;— $314 Howes Bros. Co., 6% pfd. (quar.)..'. $114 7% 1st preferred (quar.)..— $134 .7% 2nd. preferred .(quar.) $134 Hyde Park Breweries (Association) (irreg.). 50c Indianapolis Power & Light, (reduced) 30c Industrial Acceptance Corp.-,<?/ y,.Y?Y.,Y,?Y. Y?,. ■ ,5%, convertible preferred .(quar.) $114 Hercules V ,i 7- Pie Farm dividend Walker 25c (irregular)- common Penman's,. Ltd/ common (quar.) i 6%. preferred (quar.) Y_ Pennsylvania Electric 5.10% pfd. A (quar.) Pennsylvania Illuminating Corp.— Y.' Participating preferred class A (resumed) Insur. t___;—_—. ... 3 7-10* 1 Co. — 6-30 i . - .> 1 7- 7-18 7-20 40c?' Haughton Elevator $6 prior pfd. (quar.)— $114 Haverhill Gas Light Co..... x———; 25c Hendey Machine Co. class A. (quar.)__i —50c Co. 6- 6-15 - Initial 6-30 of Reo. 6-30 t$l'/a (quar.) Ohio, 414% 6-30 Holders Payable 75c * Co. of 7-14 - 25c Pan American Life Ins. Co. :(N. O.) Parke, Davis & Company—1 . 6-30 . A—*— preferred 7-14 40c 40c 50c (quar.) $4.50 share prior pfd. conv. 7-15 $114 (quar.) (irregular)— Co. Pan-American 7 6-20 ... Inspection Boiler 7- 7-20 . , Steam v 7-15 ________________ Hartford $5 i 6-25 1 (Milw.) Corp. $3 Wabash RR. 6-25 1 7• Y 75c ;(lrregular)Y.iA_-AA_-„-_-A---^---^ Farm EquipmentAi— A Orchard 3 6-30 (quar.),—5c (Boston) benef. int. 6c General Mills, Inc. (quar.) $1» Gilmer (L. H.) Co, i a 25c Gimbel Bros, $6 pfd. (quar.)—; $1 Va Giddings & Lewis Machine .Tool..—, " 25c Gladding, McBean, & Co 25c Great Lakes Engineering Works—. ' 15c Great Lakes Steamship Co.____—__________ (,50c Greenfield Gas Light com. (irregular) 50c 6% non-cum preferred (quar.).—— 75c Harris Hall & Co. 5% pfd. (quar.)..—— ,i $114 Hartford Electric Light (quar.)..... 68%c , 7- Co. 6-30 ,;$1V4 , B Oliver Y. 6-20 - 7-20 Corp. Investors Trust Class . , lns.- Chemical Noxema 6-27 8- preferred (s-a)_ /____________ ; $214 Garrett Corp. 5% conv. pfd.. (quar.)3114c General No-Sag<Spring 1 7- •5% General Finance ?, 7-15 25c 75c $4 ______ (quar.).Y States Portl'd Cement 6-30 50c 15c (irreg.) (quar.) common preferred convertible pfd. Co._.i;—i Denver'Co. Gardner '$3 . Nat'l (quar.) Vulcan 7-21 t$l34. (reduced) Telephone Quarterly 4—ri.r——i.L Northwestern l Yeast ,.(quar.)_ 7-15 7- 7-20 pfd.„.__^ v >,7-31 25c Co,___Y_— Rubber & 6% i_—A—i— $5 pfd. 6-25 - (Del.) Power preferred Northwestern - 6-16 2 States — Northwestern. Bell t 7-21 7- ;—— Northern States Pwr iMinn.) 7-10 , Tire Firestone ■;7% 1 7-15 15c $2 t$l% t$l 14 t$l34 +$114 pfd,_—_ Northwestern 8-31 7-31 , Northern ) 1 , 6%; preferred. 7%.,' preferredaL* •.. 1 7-10 514% Serv. ———..—— ; 6-22 7- 50c 25c $lJ/8 15c Federated Department Stores com. (quar.). ... 35c 414% convertible preferred (quar.)_.__—$1.0614 Federated Publications, common vtc.25c Fehr (Frank) Brewing 6% pfd. (s-a)._______ ' 3c Field (Marshall) & Co. iquarr)^...._.:..„, > 20c Fifth Avenue Bank (NY) (quar.)__ $6 Filing Equipment Bureau $4 pfd._______.YY-. t$2 (Del.), (quar.)J. '4y2% convertible preferred (quar.) ______ Falstaff Brewing Corp. (quar.)__ Creamery Co. com. Pub. Indiana 8- $134 (quar.)— (irregular) (s-a) Company Central Ry. ■'Northern 6-27,., 1 6-29 Texas Northern' Name of Company 6-22 $114 preferred; (quar.-) North Penn. Gas $7 prior pfd. North » 15c 6% > 6-30 7-10 $1% 25c (initial) interest 6 1 77- 15c :_Y» (initial) comrhon Certificates Fairmont j 6 8- $l'/4 10c 50c _— Elgin Sweeper 40c preferred-(quar.) 7- 1 8- $l'/4 of Rec. 6-30 When Per Holders Payable (irreg.) Norma-Hoffman Bearings Corp. com. 6 < 7- 7-17 25c Economy Grocery Stores (quar.) Elfeciric Bond '& Share $5 pfd. (quar.) When share of Rec. Payable Share frame of Company .$6 2415 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Volume 155 (quar.) Corp. Corp., (monthly) common __ 6-30 6-19 20c 7- 6-15* 10c 6-30 1 6-19 2416 THE COMMERCIAL & FINANCIAL CHRONICLE Holders Per share Name o] Company American When Payable Borg-Warner bio conv. preferred (quar.) preference (quar.)_ American Light & Traction, preferred American (quar.) Co., American Optical American Paper 8- 37Vic 25c $1% common (quar.)—__ 6-15 6-15 7-15 7-15 6-19 6-19 7- 1 30c (quar.)__ com. _____ Maize-Products preferred 7- 1 62'/2c 50c 1 8- 1 6-30 25c preferred (quar.) $l'/a American Screw Co. (irregular)-,———— 50c American Ship Building Co., common—— $1 7% non-cumulative preferred—— $3'/a American Smelting & Refining, common-— 50c 7io 1st preferred (quar.)_ ———$13<4 American Snuff Co., common60c preferred : (quar.) SIVi American Stamping Co— 12,/a'c 7-15 7- 1 6-30 6-30 8-31 7-31 7- 1 7- 1 6-30 American (6 (quar.)—_ & Power preferred American (quar.)——™ 7'/o pref. (quar.)—. co. Goods, preferred $5 pfd Light Co., -----—______—™_. ... Republics Corp.-—™_— Rolling Mill Co.— American —.— — —— — (Ind.) Ins. Co. — (quar.)—- 30c States American Stores. Co,—25c American Surety Telephone b% Co. preferred (quar.) Works Water 7-15 50c & Elec. convertible Co., $4.50 preferred Anaconda (s-a) . 6-10 7- 1 6-15 " tSl'A 8- 1 7-21 7- 6 6-20 M.ning Copper $2.25 ,— Co._ ——— Arcade Cotton bio preferred Mills, common (s-a)_ ... V . Oil, 6% preferred (quar.)— Arkansas Power & Light Co., $6 pfd. (quar.) preferred $7 fquar.)___—————_—___ (Del.), 7% Armour & Co. (111.), $6 prior pfd. Arnold Constable Arrow-Hart Art Metal .'■s Associates bio 5% 7- 1 7- 1 7- 1 6-22 7- 1 6-22 6-30 6-15 50c 110c (quar.) (quar.)_ Fe Ry. 50c 6-30 * 8- 1 bio preferred $2V2 7- 1 Atlanta Gas Light, 6% Atlantic City 6-12 6% Co., Class $1 Me t$l'/2 & West non-cumulative the Indies SS. Lines— ..-■i-v-" $6 preferred Atlantic (s-a) Refining Autocar Company, A preferred Baldwin Rubber BancOhio (quar.)__.__™___^_____ 6% Co., J Bank of America (quar.).____ Association, of Manhattan Bank of New York Co. & (quar.) V/2% (N. of Barcalo Mfg. Y.) (quar.) (quar.)™™ Barker A $3.30 (Dom. and 6-15 7- prior pfd. Colonial & ._ 6-30 66- 35c 7-1 (quar.)_ Overseas) . Lomb Optical Beacon 7% Associates preferred Beath (W. D.) common (quar.) • Creamery Co., preferred (quar.) 7- (quar.)____ Bead'x RR. Home Class A Appl'ance, common (s-a) (initial) Industrial Loan Corp. (reduced) _____ $2.50 prior pref., seres 1938 Bensonhurst Bessemer b% Nat'l Bank Limestone preferred Bethlehem & Steel (Brooklyn) (quar.) Corp. pfd. (quar.)____ & Son, Birdsboro Inc. Foundry & Maehine__ Electric Co., $6 pfd. (quar,)__ preferred (quari) $T Fire Preferred Blaek & b% Decker Mfg. convertible Booth Co.. B (quar.) (irregular) & class 6% pfd. ltd., 6% Brass A Co. '7- 2 6-15 7.15 6-23 6% 7- 6-15 Cannon Mills Co. Cannon Shoe, common 6-15 7- 6-15 1 bizio (quar.) (auar.) Fisheries, $6 second preferred Cliffs 62V2c 6-30 6-15 $1 6-30 6-30 7_ 6-20 1 Capital - 7% " * v . , (quar.) $2.50 $p/4 7. ± 6- 7- 1 6-24 7- 5 _i__ - * 6-20 l 6-24 6-30 Cariboo 6-29 6-20 Carnation 25c 7-15 6-30 $i»/2 7-1 6-16 7. 1 6-16 25c 6-30 6-15 9- 8-25 g_ 1 1 8-25 6-30 6-12 7. 1 6-15 6-30 6-22 6% I 5% Trust Co. $6 preferred & (quar.)__ (s-a) Ohio 6-30 6-25 Case 6-30 6-15 Cayuga Celanese preferred (J. B (quar.)__'__ I.) Co., 7% preferred (quar.) & Susquehanna RR._____ 1 6-15 $1 7.31 7-15 5% 62V->c 7-15 7% prior 7-20 7-10 7% Corp. of America, common • preferred (quaf.preferred second (quar.) preferred (quar.) • $l3/4 VjX 7- 1 ' 6-U Co^iA-:i^:A.iAAA $7 > 5-15 > • A ; 6-15 7-20 7-15 7-1 6-20 7-1 6-15 7-15 6-8 ; 7-31 $l'/4 " 62y2c 7- 25c $114. preferred (quar.) preferred (quar.) X ( 6-20 1 6-19 6-30 6-19 1 7-15 , $1% 6-19 7- : 6-22 6-30 25c $134: - 1 . 7-, 1 7- 1 6-19 7- 1 6-15 7-1 6-12 $iy2 7- - -V-». y . • 62'/2C t ™__ 75c , (s-a)™ Co. $0 Steamship, 6- - ' 6 • ' ' . i com. (N. 6-13 ' Y.) Commercial Solvents y - (N. a : .j 6-21 6-21 6-19 & Gas, 7% . Life Assurance 6- 5 1 Trust preferred 1 6-30 6-30 6-9 1 6-15 7- 1 75c :.7- 1 6-10* 7- 1 6-10* • A 7- 1 3 6-30 5 7- 3 1 7-14 • 6-30 $l'/4 6-15 - 6-10 $1%" 7- 1 siv2 7- 1 7- 1 6-11 8-15 7-31 • $l3/4 ' 6-11 6-30 Coke Sec. Co.— 9-25 12-31 12-24 7-15 7-3 7- 6 6-2(5 : $1% 7- 6 6-26 .*■ $5 7- 1 'L 75c 7- 1 6-15 25c 7- 1 6-20 $l'/2 _™ i__™_™_ v; - v' - - , 7-1 62'/2C 6- 7- • 5 1 Passumpsio River RR.— \ preferred $3 (s-a)- Bakeries of Canada Film Gas Industries, El. Lt. & (quar.) t25c (quar.) ™_™_™_ preferred series C (quar.)— preferred series B (quar.)™—_—_ Consolidated Investment Trust (Boston)— 6-15 1 6-26 1 6-10 90c $7V2 pfd, (quar.) 7- 1 - . 6-15 $1 7- 1 6-15 $l'/8 . ' 7- 1 6-15 6-30 6-15 30c _— —• 1st 1 2 Co. 4% Mach. Tool $6 , 87- $1'4 pfd.™ (Bait.)- $2 Pwr. 87- $15c (quar.)— Consolidated Edison Co. $5 preferred — pfd. (quar.) $1% 8- 1 7-15 7- 1 6-20 7-15 : 6-17 (Can.), (s-a) — Oil Corp. :(quar.)™_- $l'/2 150c preferred Consumers Gas of Consumers Power, $4V2 preferred pref. (quar.) iquar.) Consolidated Steel Continental 12'/2c. Corp., Ltd., Toronto $5 $1.75 pfd (quar.) prefei red (quar.)____ (quar.)___™, Ascuro.nr^ -(Chicoeo) Continental Baking, 8% . 7-15 7-15 7- 1 6-15 10- 1 9-15 14334c 7- 1 6-20 t$2 7- 2 6-15 $1(4 $l'/8 fpuor.) preferred (quar.)— . 6-17 8-15 $2 $2 Consolidated Retail Stores, 8% 8% " - 6-25 9-30 XtV/2 175c 6-16 "6-16 6- 1 8- 10c & Consolidated . 6-16 6-16 6-24 8- {: 'Ac t50c Connecticut Ltd. 6-22 7-1 6-30 35c (quar.)™—™—™™—_____ Life Ins. Co. (quar.)™ Light & Power (reduced quar.) Consolidated 6-12 7- 7-1 $2' (quar.)— Consolidated Mining & Smelting Co. 6-15 $1% 9 $1.06 V* General Consolidated Laundries, 6-15 1 • t$iv2 6-20 7- .• 30c preferred Quarterly 6-22 7- 7-15 6- ;. 4'/2% 6-24 7- f 6-30 Common " 6-15 7-1 • 75c _______ Insurance -(Quar.)__„-_™ Consolidated 6-15 7- 1 6-30 . (quar.)-__™„ Fire Consolidated 7-10 7-1 8- i\ Co. * (C. Consolidated " 6-19 7-20 6-15 $l.O0'/4 Connecticut " 6-19 7-1 6-15 1 (Toronto) — G.), Ltd., common preferred A (quar. $3 6-20 7- 2 7-1 7- < 7-15 —________ L___ Connecticut Gas & 3 6-13 '6-15 7-15 preferred™™— i Connectlcut 6-28 6- '6-15 1 tlOc (quar.)____ (reduced) 7% 6-20 1 Co. 6% "6-20 1 *6-10 1 '.•"•45c (irregular) Corp. Quarterly Conn 6-17 7-1 6-30 t$iy2 6-17 7- '• 6-15 1 6-20 7- $1.62 Investment 4quar, H.) Confederation 7- 6-26 7- - - 25c 1 (Indianapolis)(quar.) Commonwealth Water, 5%%- pfd. (quar.)™_ Commonwealth Water & Light— --.<■ $6 preferred (quar.)__— $7 preferred (quar.)_™____.—__________ Concord 6-15 6-20 1 '25c 5%-'preferred " SI 7-1 Commonwealth Loan Co. - 6-20 "6-30 6-13 7- '• ' 1$2 $1V2 (quar.) Bank Edison '6-9 1 .;. (quar.)ii™-™^--t_w---™™—^™ Commonwealth 1 7- 25c (quar.)™-™™™-™™ National Commonwealth 9 7- Trust preferred conv; '6-20 8- 1 preferred Irivestmenfc 6- 7-10 $iy2 ■ >/ Corp.— • (quar.)'-_^-™™v™™__i™__™i_j;_™: $4.25 - common L": 6-19 6-30 " $1% ; <quar.)_—™__ convertible Commercial rT( • 6-30 7-1 (initial)___„ (quar._ Credit Co., -6-30 •- _ - f preferred 4V*io 5-15 k 6% % Commercial ; 6-30 •• • ; A 6-22 6-30 25c (quar,)™™ ■ 50c - $1M»'»•' Fire :Arms Mfg. (Irregular)™ Baking Co., common™_™-__tf._™__ Commercial ' '6-20 ' 'j . -. '6- 6 6-30 6-29 Ltd. . $1.06'4 ■ t" 6-27 7-31 1 preierred ±t - ; ,;Commercial Alcohols, Ltd;, common™™__™ 8%-' preferred (quar.)____-™™__™™_™™ 6-16 • ■ Participating , 6-16 7-1 1 -- Corp., commons™ (quar,)r_;— 6% ' preferred 6-16 • - 7- : 6-22 7- 30c . 6-22 7- • 20c X . • 6-15 6-15 6-30 20c .. 1 1 6-30 , 12'Ac (quar.)—™™™ 7-21 6-22 7- $iy8 (quar.)™_™_ 7-21 7-31 6-30 < t$l'/4 (interim)- Columbus & Southern Ohio Electric— 6-30 - 6-26 Ry. $1 partic. preferred (quar.)_j____™™™™ ' , A 6-20 6-20 - 6-15 1 25c Louis (quar.)__™_ preferred 6% 50c 6-17 6-30 (Dan) Columbia ' 6-15 , 7- 1 6-30 $iy2' Colt's;Patent 6-15 6-15 • 7-1 50c Y.) 16-30 7- 15c i____ <N. 1 50c r com. Yards A(s-a)„L™' Colonial 6-15 -■ 7-1 - 15c 30c $134 $5 Stock Co. 7- ' (s-a)' 400 > 7-1 , 75c Collateral Loan (Boston) (quar.)___; .Colonial Finance Co. (Lima, Ohio) (quar.)_ 6-16 $l3/4 6-20 . :*'J "• 6-30 $134 6-18 6-30 15c v • 6-30 $1*4 8-15 1 6-12 POc ' ; 1 7- 6-12 60c prior 7-31 75c $1% : 9- 1 7- 15c • ' ; 7- $2 ; 6-20 6-15 25c 5c Carthage Mills, Inc., common 6% preferred A (quar.)__ 1 Company (quar.)____________ Coleman Lamp & Stove Co. (increased quar.) .yColgate-Palmolive-Peet $4.25 pfd; (quar.)™ $ii/2 . 1 7- 7-1 tm Company, common class Cohen 6-30 1' 8- $1% " 7- $134 6-12 SIW Power 6-20 < $114 pfd. A (quar.) 1 6-30 $1V4 , Rv. 6-16 1 6-30" ' 50c (quar. 7-20 10-19 1 7- * 14c" i $iyB 1 2 7-15 7- $1 : Mining common 811- 7- $1^4 $iy2 (quar.)„_ ~ $iya $3 7-22 $3 : pfd. 6-20 6-19 $iy2 Ry.. (s-a) (quar,)___™__™™__ Coca-Cola .International ■/"*; preferred J30c t$lV2 • 1 1 25c Supply Co. Chicago & St. Quarterly -30c Carriers & General Corp Carter (J. W.) Co. (quar.)_'______ 6% ' (quar.)__™__„______ Bottling (Del.)— Connecticut (Hart- (quar.)____ & Light, $7 pfd. (quar.)_"_ (quar.)_____ Carolina Telephone & Telegraph (quar.) Carolina • 77- $5'/2 7-1 10c Co. Quartz Co., first 6-22 7- Gold 6-20 (quar.) class A ;■Class 6-15 6-30 6834c 50c Carolina Clinchfield 6-30 50c & Companv (Philip) Mfg. Co., 5% preferred (quar.)_ 7-15 $i3/4 Bank $3 ■: l'"6-16 7- 2 ' ' • 50c . (quar.- Carborundum Carey 6-15 6-20 Telephone- (quar.)__ Graphite Bronze Coca-Cola ; $l»/2 : (s-a) Capital Transit 1, __™__™™___™™_' 7-1 t50c ; ; Bell Water Works, 7% Peabody & Co. 7% Cluett ^6-2 ^ ;■-*>' :■ '• 1 ' J$2 7-15' : • i 1 (quar.) (Washington, Pa.)— Cine. Coca-Cola 6-30 ' ' $1*'7- 2 SlVi7- 2% preferred National 6-20 1 Mahoning Trust 6-15 "7-15 (quar.)_™__y_____™„ '■/ Co., Ltd.— $3 preferred A (quar.)___"___i_____i_____ Capital Finance Corp.. 6% riref. («=-a). 6-15 6-20 7- Molybdenum Co.__™™__™_____>„_ 6-15 "i 6-30 t$l V2J • Co. Corporation' Clinton 4 Capital Administration 6-30 1 6-30 7- preferred Climax 7- > iWV* (accum.)__________„___^ • 150c common (irregular)I_i____"$1% lOc $iv2 fs-a)__ Boxes— j$2 37V2C (quar.) class A Products," Ltd., ' 25c (quar.) Steel Wirebound Oil 7- 7- preferred 6-15 *.'• 6-15 - - • - • Canadian $1(4 i y J37 MsC:- 6-10 preferred 5 50c (quar.;)™__i._™i™_____X™ Hobbing Machine Co. __™__™__ ;'-v f-\ f-i A}.. ^ ; (quar.)___ 40c (s-"> • preferred (accumulated) Canfield 6- 75c Union y-- ^ - * - Westinghouse Co.," Ltd. 40c (quar.) common preferred Tobacco, Aluminum Ami Class Co. Corp. Blm Top Brewing, Bohn Co. & * - 7. 7-1 5% » $1 1 6-29 8* $l3/4 Cleveland 7-15 " J$2 Canadian A 5 30c Cleveland '7-25 "■ & Cleveland 'y:' Corp.— (quar,)_____- class 6- 62»/2c • (quar.) (quar.) 7-31 ■*%. (s-a)__i_i 6-15 $1.50 8* 6-29 $iy4 . common™™™ 6-15 7- 2": ;$1V2 (quar.) preference 6-12 6-15 6- $1 1 : 7-"2 *(quar.)_v_yX_X' -rrfSl %—; "7-31 1 $l>/2 Laughlin, Inc., Bloch Bros. Bon common (quar.) Blackhawk-P^rrv Bliss & Insurance Co., A 2 7- 2 (quar.)_ bio preferred (quar.)_____ Cleveland-Cliffs Iron, $5 preferred™J™™*_ Cleveland Electric Illuminating, common-™ $4.50 +$1\ ^ -7-"S4 1$2 r-; 7- 2 -• (quar.)_^_X *:r7* Products Tube 6- 1 50c Cleveland Clinton 125c 7- 10c Steel Blrminp-h"m Canadian 6-20 1 7- $1 8-15 '^$13AV -6-30 (quar.7 J50c X-^7^31 7- ji5C Birininghim Black-Clawson 6-12 1 7- $1 (quar.) 6-16 < * '6-30' in- and 50c 62V2c (quar.)__: $3.40 t$3Ms 25c Inc., common $2.50 preferred (quar. Biltsiore Hats Ltd. (nuar.) Silk $1.50 class A ford) 7% to Ltd., 6%' pfd. non-cumulative Canadian ,7- 75c Builders common 6-30 t$lV4 ~; Oil Machine Cleveland 7- 1 "r )'G-18 8-15' ■7-31 7- (quar.)™ * " -4$5 Ltd., com.* v • tl5c ' t$l3A" Pacific Ry.—' 75c Bickford's, Bird Oil Cos., Canadian 6-12 $1V4 (quar.) Auto Clearing . : --- - - (quar.)_-_Ci_x-:^ B (quar.) y* preferred (quar.)™_y___y^__y^_____^*i Canadian \ > ' t$lV2 % Class Cement— (quar.) — 75c class 6-20 37V2c iquar.) 37V2C • v (quar.)w- * ' t$2(s-at$3- (Del.)— Common (quar.)__ Canadian General Electric Co., Ltd. 6-15 (Cons.) Wholesale Supply Clearfield - 6-15 ■ , Industries 7.1 2 6-20 1' 7- 5c Indemnity 15c Participating Beneficial •'' ; Canadian 7- 6-15 6-15 7- 2 4% 7-1 Stamping (quar.) City Ice & Fuel Co., common City Investing Co. 7% pfd. (quar.) City Title Insurance Co. (N. Y.) (quar.)____ • 6-22 • • '4% - ' Co. 6-22 - 7-1' 6- 7-15 Insur. 6-20 ' 50c " 62'/2c common 1 t$ 13A 6-30 Canadian 30c — 50c 6%" pfd. (quar.) " L'$$ 1;- * (Winnipeg) (s-a) ^^ ^4$2• Canadian Foreign Investment Corp., Ltd.— -. 8% preferred (auar.) 7 : • t$2 « 7% 45c Union Stock Yards___^ preferred City 7-15 6-15 7-1 6% 6-15 Fairbanks-Morse 6-22 (quar.) $1.12 preferred Citizens 6-15 Fire 6-15 6-22 6-15 prior preferred Cotton 6-15 2 preference convertible preferred 7% * 8 1 V" conv. Citizens Water : 6- 2 (quar.)__ 1 |$i '8- Canadian 7- 6-30 7-1 ; Cincinnati • 6-13 1> ; — Cottons Ltd., 7-1 Co. 6-12 6-12 1 • Canadian I Mfg. A 7-10 6-30 7- t4c Quarterly ' 7- 6-15 1 1 6-30 ' 7- .7-1 1 ' ;___u™—y45c 7-1 25c ; (quar.)—^ preferred series Cincinnati & Suburban ' 6-13 preferred" (quar.)'"'VtiSe-f ^ 1- 2( conv. 7- t80c 7- • 6-20 40c ' 6-25 1 6-17 1 6-30 7-'1 ' $1(4'' • -- 1 7- ; $!% •' ■i7- 1 ♦ Ltd/ (final)-. Corp., $3 7- $iy4 ' 2nd pfd. (s-a) (quar.)__ ; Beech Nut Packing Co. (quar.)_; Beldlng-Corticelli, Ltd., common (quar.) 1% preferred iquar.) _y_ BeB Telephone Co. of Canada (quar.) Creek V 1 \ 7-1 by raising the annual from 35c Beatty Bros., Ltd., 7 % Beech 25c 43%c (resumed) common ; . 6-30 ,6-30 * Ai:i- V.' (quar.)__-™y^_--™™ $114 : & Sons, class A Beatrice $5 (quar.)_ (quar. 6-23 (-6-30 - ■ (Toronto) Converters Ltd. 6% 25c Cinn., New Orleans & Texas Pacific Ry. Co. b% preferred (quar.) .' 7- 1 V7-"l Canadian ' 6-30 '"•"! 6-30 82'Ac 3% common„:.....„ preferred 7-15 6-10 1 (N. Y.) Co. 6-17 V 7-10 Canadian , •' "'TV'.vi A, ; & 6-12 A<: t$l% i Ltd. preferred Trust '6-30,; 162V2c Power Extra ' 7% 1 8- 7- Cincinnati Gas & Electric, 5% ' J :?7- 2 Car & Foundry Co:, Ltd;---r v'• participating preference " (accum)j_y_ t44c " .: 7-10 .* Canadian Celanese, Ltd., common (quar.)i_ (>;.' t25c y - 6-30 1 7- $l'/4 Chillicothe-Paper 434% preferred (quar.)__ Christiana Securities, 7-% preferred (quar.) 6-15 ; Participating 3 6-10 50c 6-17 1 7% j 1 xn 5-19 7- t30c arrears non-cum. Bank & Chickasha Canadian 3 6-30 (interim)——4% bVn% preferred (quar.) 68%c convertible 6-18* 6Vic _______ 5% 6-15 6-23 1 9 7-10 tl7'/2c common Participating 6-19 7- Hassan-Blessing Co., common (quar.)_____ 40c $5.50 preferred (quar.)___; $1% y Bath Iron Works___——____________ Ay A 50c Baesch 1 7- 2 B Brothers 1 7- 6- 6-30 creasing the redemption price of this pre----• stock ^__-.;r'-f85c 7-15 Canners, Ltd. common - (quar:)_-__ a* tl2V2C - 7- 2 bio 1st preference (quar.)^_^.™_^™_^__iifi> -f25c - \ 7--2J 60c 7- (quar.) 6-30 - : -$l3/4 . ''''"'.V: '■ 1 (quar.) rate 6-10 $iy2 Chicago Title & Trust Co. (quar.) Chicago Wilmington & Franklin Coal Co.— 6% preferred (quar.)_ 6% preferred (quar.) 6-22 ■ Canadian " t$3 1 ii'AAi . ' •' • - 1 7-31- ferred - ^ ' London, class A and B (interim) Class 6-15 6-30 7'/2c (s-a)__.____________—_. Co.. 6-30 $1 50c Canada, Ltd.— preferred Barclays Bank 7-10 20c ; , preferred dividend 6-10 : Northern clearing all . 6-10 Savings Bankers National Investing, common bio preferred (quar.) Barber-Ellis Co. 1 60c Trust ■ Mortgage Corp. (quar.) Canada Southern Ry. (s-a)™_-:______-____I_ Canadian Breweries, Ltd.," $3 "convv pref.^' (quar.). Stockholders approved - planr- for 6-23 7- 1 (quar.)$3Ms'" Co. 8- 50c Permanent 7-1 . , 7- 7-1 - (s-a)• 120c Assurance Packers, 7-9 1 6-30 87%c (s-a)_i^_---___ preference Life 7% 6-30 ,' ' 7-21 7- (quar.) Canada 6-23. 7-15 .30c Bank of Nova Scotia (quar.)__ Bank of Yorktown (N. Y.) (quar.)_ Bankers Trust 3 7-10 25c (quar.);— Co. Breweries Canada 6-15 . 7-17 6-19 $1V4 J.) 6 $1% .— (quar.) (s-a) common $2 convertible preferred 6-18 6- $3 1 75c ■ (quar.)___. first 6-10 1 (quar.)_Z . $2.50 ♦ 7-1 ' ^ • - (Holding), 6-20 $11/2' — National Bank 7- 22c preferred (quar.)____ 1 8- $2 (quar.)_^______„u______ G. Canada 7-6 1 6-16 75c (quar.)_^.___________j.___- Co. Canada 7-1 ~ 12'4c ' 6% preferred (quar.) Wo 7c 12'/2c (quar.) Bangor Hydro-Electric .. - , f. s. 1 (Tor.) Executor Chicago Mill & Lumber..; Chicago Pneumatic Tool Co., 6-30 •'"t3c (quar.)™_™_™_-____;__ Cycle & Motor Co.,-Ltd.— 5% 7- 7-15 7-1 & Chicago Daily News, 5% preferred Chicago Flexible Shaft____™y_ 6-20 J50c ^ Common 6-30 77- $iy2 Mines, Ltd. (quar.)_ Mfg. Trust non-cum. Extra :'' *,, 7-2 75c (quar.l—ii- Bud 6-20 7- > 1 - 25c Corp.,- $6 preferred Packing Corp., 6-20 6-30 (quar.)^___r____',: '$l'/2 (quar.) Corporation 75c 25c 37'/2c 1 (s-aK_—____ Ltd. Canada 8-24 8-1 Y.) Canada r $1 6-11 i$lV2 & 71 2 t$lV2 ' (quar.)___™__-____™^^___.__ & Gold Valve Chesebrough ■ 6-20 1 7- 4% ; (quar.) Burlington County Ry. Co. (s-a) Canada Bread Co., Ltd., 6% lst pref. (quax.) 5% class B (quar.)™__^y__ 6-20 1 6-15 r 1st pfd. (quar.) preferred 7-1 '■ (quar.)__ preferred (quar.)____ $3 Baekstay Welt Co. Baldwin 8- 15c 1 t$lMs ^ Wireless California (*•-( $3 Automobile Insurance (Hartford) (quar.)___ Avery (B. F.) Sons 6% preferred (quar.)____ Arondale Mills (monthly) 1 7- ^ Newspaper 6'k pfdi (quar.)_-__ (A. Camden 6-30 62'/2c _____ preferred 5% 6-20 v'..' Co.— convertible 6-12 6-20 * 7- $2'/2 _.:_™ Atlantic Rayon Corp., $2.50 prior preference Atlantic Realty common (quar.)___.___ & 1 1 6-15 (F.) Caldwell 7- 75c ■ preferred 7* 6-30 6-23 1 due 6-30 50c (initial).. A Atlantic Gulf b% preferred (quar.)____ Insurance Co. (quar.)_— preferred...-™.. Fire Atlantic ' 7-15 Chesapeake-Camp Corp., 5% pfd. (quar.)™ Chesapeake & Ohio Ry. Co. com. (quar.)___ 7-15 50c u $1.19 62y2c (quar.)__ Chemical J25c • 6-20 6-11 ™_™_„™_ 6-16 7- 6-17 1 $l3/4 (quar.) 6-30 6-30 1 1 (quar.)_ Chapman 40c 7- 77- York Power Corp.— Patricia 5 6-19 $ 1 Va ~" (quar.)__ preferred 9- • $16 Chartered 20c 6-30 t$93/4 (quar.) 6-15 the quarterly dividend ofi Aug. 1 and interest thereon at rate of 5%~ $1.9177 Cable (s-a)—___-—___™™. pfd, Champion Paper & Fibre common bio preferred (quar.)™ representing Atlanta Birmingham & Coast RR. Co.— 5% 6-16 preferred (quar.l™--^™--^ -, $1 ' -7^ 1 Mfg. $2.20 pfd. (quar.y: 55c"^ :7Burlington Steel Co. (quar.)____^j;^_ y " ;15c * 7- 2 Byers (A. M.) Co., 7% pfd; (accumulated), * •♦•'•vf "V 6-26 New Co., 6-16 50c 9-15 75c (quar.) 2 •' 6-22 $1 40c (quar. Products, Ltd. $1.75 Power preferred Central 2 Y.)— 6-30 1 (quar.)—— Watch (N. 6-30 —- Co. Bulova 6-12 $2(4 7- 6-30 7- 40c (qua"r~) pfd. Trust 25c common_____„™—- preferred Burkart Co.— (s-a) 5-30 Burger Brewing 8% , 6-12 6-30 7-18" ' Bullard 6% & 9 (To¬ $1% J (N. Co., preferred 6.4% 6-10 $l'/4 common Santa preferred non-cum. 1 5% $$1% (quar.) Ltd.—- Maine Central ; • - J40c (reduced) Ltd. Telep. 7- ' preferred Building 6-10 7- Co., Distillers preferred $5 6-22 6-30 6-23 6-20 1 Bucyrus-Erie Co., commqn™_™__'__;_____ ' -' 15c 7% preferred (quar.)___j;_-________-_-_z___-" $1% Buffalo National Corp., 6% pfd. (s-a) __^ v'$iy2 Buffalo Niagara & Eastern Power Corp.— • * 6-15 6-30 t$l% — (quar.).— & 6-30 10c }25c (quar.)™ L.) Brush-Moore 6-22 120c 6-25 1 77- (quar.) com. Co. Light Co., 4 V2 % pfd. ~(qua~r") Gas Co'., 6V2% pfd Kansas Power, 4%% pfd. (quar.)"™ preferred 7-15 25c *' Savings $1 Indiana preferred 1% J32V2c : common____________ Telep 6% Co. preferred $5 6-15 50c Oil 1 $$3V2 Brunswick-Balke-Collender-^ 6-15 25c common Investment Co., Topeka 6-15 6-29 quar.) (quar.) preferred Atchison, 6-27 6-15 (irregular)__ Refining, preferred 6-23 1 7-1 t$lVa (quar.)— Associated Breweries of Canada, com. 7% 7% 6-15 —'i—— & Oil 3Vzio 1 (quar.) Ltd, (increased Extra Ashland 6-24 1 $6 Company (E. 6-23 7- 6-25 7- " Bruce 1 \ 7- Electric.™—.—_____ Construction Arundel Corporation Brownell 7-20 $1% 6-30 (quar.) Trust 6- $1% (quar.) Corp Hegeman Asbestos Corp., preferred t$lV2 Porcupine Mines, 7-31 7- ,. 6% - preferred Brown-Forman 12 '/2c Co. Broulan 6-30 15c $1(4 Central Central preferred of Rec. Co.__ Central Illinois 7-15 6-13 Street 6-20 7- $3 Arkansas Fuel Armour & 2nd Brooklyn 9 6-24 1 6-30 i & ; 1 6-30 A Luce Quarterly 1 78- 7-15 Power, (quar.)___ A 6-30 $1 —— —— ••< ' 6-30 7-15 Co., Columbia 6-29 15c $l'/4 Bank 10c (quar.) 7- 6 50c Corp., common— (quar.)____._ __________ preferred & 20c : Investing Corp y_i Brooklyn Borough Gas, common (quar.)____: 6% participating preferred (quar.)_____^ ■ Electric Hanover 6- of Storage Co. f quar.) Central Central $1 Gas A Cold 6-30 20c (reduced) Columbia British 6% 6-20 50c (quar.)—^—______ Brass preferred Broad 1 & 6-23 _____ (s-a)__ American Class 7- 1 75c class convertible British 5-29* Anchor Hocking Glass $5 7-20 $l'/2 , Corp, Holders ; 7-15 (quar.)—_________— Ltd. When Payable (special)— t$2 Loan (quar.) 6-30 Central Sons Manufacturing Co., 6% 7- Canada ronto) 19c (quar.)_____ British Columbia Elec. Pow. & Gas— ' 7-1 (semi-annual) & Mines, Common $l'/2 preferred.—— prior common $4 Central Central 16c pfd.__™_____™ 1st Per share Company Associates 75c Trust Light Bridgeport Hydraulic (quar.)_______: Briggs Manufacturing Co.™_______—____^ 7-20 1 J.) Bridgeport Inc.— Co., preferred (quar.)—————— American Zinc, Lead & Smelting—. $5 1 (quar.) Yards preferred 5Vzio 12'/2c $6 Amoskeag 88- 6-22 1 Aguirre Payable from net income 6-10 7- 30c (quar.)_ (quar.) (irregular) Co. F.) Bridgeport 6-15 50c 7-1 (quar.) & Kluge, Inc. (quar.)____ Cordage, $1.30 preferred (quar.)_ Brazilian Traction, Light & Power— Ordinary shares (interim) 6-30 — Co. Property preferred Brillo Central 5-29 $1V4 (quar.),:. Corp. Name of , 6-18 6-30 Brandtjen 6-6 7-15 (quar.) • 7-1 Co. Brantford £-10. ' of Rec. 1 $2,/2 ^ Extra 6- 5* $1V4 American Thread Co., 5% pfd. (s-a)_. ;T American Tobacco Co., 6% pfeferred (quar.) American Bralorne 6% 7- :— (E. 7io Payable 40c Warehouse Stock (S. Brach 6-15 $2.25 (quar.)— .; — Wharf Bourbon British ;——,™—™ American Thermos Bottle, com. cl. A Extra $1V4 (s-a)—-——— (Abilene, Kans.)—? American Telephone & Telegraph Personal Storage Bowser 6-19 6-13 6-13 8- 7 7- 3 6-11 6-11 6-20 7- 2 American Insurance Boston 6-15 • 7-1 $1% pfd. (quar.)— Ry. Boston 9- 4 12- 4 6-9 6- 9 6-19 7- 1 American American Sugar Refining, 7% Herald-Traveler Brandon convertible 4y2% Elevated Boston 7- 1 9-15 12-15 7-1 7-1 6-30 7% , l Albany RR. Co Boston Boston share Monday, June 29, 1942 ' Holders ' & Boston 6-30 $l3/4 SI3/-* t62'/2c t75c 10c Boston Corporation When . Name of Company oj Rec. Inrcstjnent Co. of 111.—- $2 7io Per 50(* $2 7-1 7- . . 6-12 1 6-12 P-30 6-15 7- 1 6-19* - '.Volume 155 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 ' Per , , Name of Company , Continental Bank Quarterly r Trust-Co. (N.; • Y.j— Holder* of Rec, prior preferred Continental Corp.— ■ (quar. Insurance .Co. 7-1 Oil ,_A—, Continental Roll-& 7% $1%, t 80c .; < —;_a:a Steel prior preferred Continental 5% ; Co. Steel preferred Foundry, 7- 1 7-10 Corp, .2 Emerson.Driig Co., 8'94 6-22 Empire 1 6-15 1 6-15 7- 1 Copper Range Cci.____ 6-30 J 6-16 6- 5 6-30 6-15 7- -____A:._1—50c Phosphate Co.*.' Coronet Corroon & Reynolds Corp." $6 conv. pfd;-"-"-- Cottrall (C. B.) & Sons 6Yr pfd. (quar.)r-V Courier-Post Co.; 794 .preferredwAi-uAAA^.AAA , Craddock-Terry Shoe, pfd, 5 7c: 1st (s-a)___ ; : $1 t$lV2 $iy2 t$l% $2Va , '' '47c 2nd preferred 37c f\ 3rd $2 " preferred .(s-a)"__ Cream of Wheat (s-a' • $l'/2 Crown Trust Co. Crown Forster & 8% . ^ Shares— A Class Crystal ' 6-30*.' 7-1 7-1 Telephone Co., 6% & Port Clinton pfd. RR. /(semi-annual) 7-1 9-30 25c $1 & Frere, , class (quar.) A - 6-20 6- 5 6-15 • i" 7-1 7-1 — 6-30 ——$1 7- 1 y 6-16 6-15 6-20 6-25 6-25 7-1 De Long, -7-1 Detroit Edison Co. Detroit Gasket & Filene's . —______— 30c (reduced),——^ , 7-20 7- 6 $2 1-5-43 Detroit Hillsdale & South Western RR. -Semi-annual , 1 — Detroit-Michigan Stove Co.— 9 v Class A Godchaux { 6-21 Godericti 11-20 . Gold Golden 6-30 6-9 1 6-30 Co. Co. preferred preferred, .754 . Detroit River (quar.)_ ' (quar.) Tunnel —$13A $13A — — 6-20 Great Lakes Power Co., Ltd., 6-22 Great Western • , 6-20, ; , $2 class B partic. preference , ^Great 7-15 6-30 ' 7-15 ' Ginger Ale, Inc; (quar.) fc'0 , Sugar preferred Green (Daniel) 7-10 • Green 7- 2 6-15 • 7-10 7-10 7-1 6-30 6-30 7-15 > 7-15 Group Corporation Greyhound Corp. 594 - 8-31 7-1 $13A $144 $1 6-30 694 Match 6-30 6-20 6-20 6-20 8-26 Fishman.(M. H.) Co', Inc.; 5c to $1 Stores-— , Dominion Bank of Canada" (Toronto) u $$2V2 : 8- 1 > Dominion Fire Insurance (Toronto) (s-a)—; $$3 6-30 Dominion Foundries & Steel, Ltd.— - ,"-'9.a'9-' Common (quar.) $25c 7^"2 694 preferred ;(quar.)ISlVi 9- 1 , 9 pominion Glass Co.,.Ltd., common (quar.)— tSl'A 794 preferred (quar.)— A»__—t$l3A Dominion Textile Co., common (quar.)_—_ t$lV4 794 preferred (quar.)— " J$13A , 1 694 8-20 7- 2 '• 6- 5 7-15 7-1 15c 11-1 Common 15c 12-27 694 preferred (quar.)—— Manufacturing Co. (irregular)—.— 75c 75c —— - Dresser Duval Texas Sulphur——. 7- 1;6-29 6-19 9 694 (quar.) : Early & Daniel 794 preferred , $1V2 $1% V 37J/2c preferred jBason Oil Co. $1.50 Eastern Gas & Fuel (quar.)— pfd. (quar.)——A " • .9: • conv. Associates— 4Y2r'o -prior preference 6% preferred Eastern Steamship Lines, (quar.)__< ■f - - . SlVa —? t-75c . $2 convertible, preferred Eastman Kodak 9 Inc.— (quar.)— Co., .common I — — ■ , <-•— _ Eastern Canada Savings & Loan Co. (quar.) Eastern Steel Products 554,conv. pfd. (quar.) Ecuadorian Eddy Elder Corp., ordinary shares,——— Corp.— Manufacturing Co., "common_____ Class Electric A — .. (quar.)——"—-—"———— Auto-Lite " (reduced)—A— Electric. Controller & Mfg. — 75c 1 — Electric Ferries, " ♦ Paper 6% prior preferred (quar.)_ $7 1st preferred ' ■' Electric Storage"Battery (quar.)— Electrical Products (Cal.)" (quar.)—— Electric -Products Consolidated (Seattle)— • . $6 preferred Quarterly r — Elizabethtown" Consolidated Elizabethtown Water Co. Gas (quar.-)—' Consolidated (s-a) 7-1 ' 494 A.) $13A (quar:)— preferred (quar.) V __ Manufacturing Co..A—____ Fulton Trust Co/(N, Y.) "(quar.)—A, i-10 6-15 7-1 6-20 7%, Gannett Co. Garfinckel ■<— 20c $2»/z $2% 6% (Dallas, preferred Garlock Co.—- A (quar.)—. (N. S.) (s-a)_, Co. 694 class B (Julius) preTerred (quar.)— pfd (quar.) & Co., common (quar.) conv; 7-1'6-30 7-1■ A 6-20 6-22 * —• 6-5 6-5 ,6- 9 6-20 • » 7- 1 6-20 7-1 6-22 6-30 6-21 25c (s-a) • (reduced Co«*ineT-(q'uar.)— (quar.)— , J$1.38 General Capital Corp. (irregular),—— Electric; Co.—r—______ . 1 6- 75c 7-1 A A" V": 9 $lVa . * Hat Corp. ' of AmeHca— ' 2nd- pfd. (quar.) Hayes Industries, Inc. -.$6 > > Glass .. General Printing.Ink Corp., $6 pfd. (quar.) General Public Utilities $5 prd. (quar.)— General Railway Signal, Common— 1 694 preferred (quar.)—#.——. General Refractories Co._AlA— I— 6-20 Honey 6-10 ■ - '7-14 (s-a)_—, I 7- 1 6-15 7- 1 $134 ; $i»/a (irregular)___! 7-1 . . 1 preferred $1% 7- 1 common $iy2 6-20 €-20 $1 7-1 6-6 $134 $iv2 Co.,- Ltd. preferred 50c 7- 7-21 I 6-15 6-30 6-20 125c 7-2 25c 7-1 6-12 $iy4 7-1 6-12 7- 1 6-12 7-1 6-19 7- 6-20 $1% 15c • 1 6-15 7-1 6-20 150c 7-2 6-15 12c 6-29 6-22 7-10 6-20 6-30 6-12 Hoover Ball & Bearing Co. (irregular) Horn & Hardart Baking Co. (N, J.) (quar.)Houdaille-HerShey Corp., class A (quar.), Household Finance, common (quar.) 7- 1 6-20 7- 1 6-20 7- 1 6-20 > Dew,-Ltd- (quar.) Products (quar.) a.— 594 preferred (quar.) 794 $1V2 -6214c (quar.)— $114 (quar.)— 25c 6-30 6-30 6-12 75c 6-30 6-12 $114 3714c 6-30 6-20 6-30 6-20 12c 6-29 5-26 7- 1 6-13 6-29 6-12 37V4c 7-1 6-1 $1V2 9-1 8-17, 15c 6-30 6-19 —$1V4 6-30 6-19 conv, 6-16 Howe 6-10 pfd. . Howey Gold Mines, Ltd. (interim) Hudson Bay Co., .594 preference (s-a i. 6- 3 Co.. A — (quar.)A Hudson's Bay Mining & Smelting Co., Ltd Humble Oil & Refining Co. . Hummel-Ross Fibre, 6^4 . ■ 6-3G Humphreys Mfg. 694 preferred Co.> pfd. (quar.)__, common (quar.)__A 1 8714c 6-20 Sound 6-15 preferred— 1 Quarterly-—— 6-30* 6-30* 7- 75c com. Material, 7-15 7-15 30c _— 7-1 - $1 , — Houston OiLField preferred 20c (irregular)—_ 6-18 7-1 6-16 7-31 37V'2c (s-a) Houston Oil-Co. of Texas, 6% - 20c 754 Houston Natural,Gas Corp., 6-10 ' 6-19 6-16 6-30 15c (quar.)A____u____ 7- ■ 6-0 6-19 6-30 50c 7- 1 25c 7- $3Vi — v 7-1 6-39 1 -7^* 1 50c Co 7-6 $114- , : 7-1 ——_____ , 25c 6-2Q 6-30 (quar.) (quar.)— 6-10* 1 6-30 3 6-30 (New Orleans) Houston Lighting & Power ;6-18 • 6-29 10c ts-a( 7- $iy4 ' Bank 6-18 ' 6-30 -25c 8-1 . 6-12* 5c 6-15 . 7-1 7-10 6-20 7- 1 4 7-1 Honolulu Plantation Co. (irregular)—,—20c Hooker Electrochemical Co., 694 pfd. (quar.) , t$lVi , 6-20 7- - 7- SI1/* $1% - 6-20 ;. 6-15 7-24 433Ac Home Gas & Electric Co., 694 pfd. (quar.)— Tel. & Tel. Co. (Ft. Wayne, Ind.)— 6-26 .. * 75c Home 6-30 -.7-25 . ' 44/1,000 shave of common stock or $1V4 in •cash;*', v > • ' '■ 6-2Q Honeymead 66c — (D. H.) 7-1 $1V4- _ Holmes 7- 1 $l*/4- • ' 7-18 75c $114 $5'preferred (quaf.)_ $2.67 pfd. (quar.) pld. 7-1 Co. Furnace 1 8- 35c A Holland 6-19 : preferred 6-20 25c (quar.)——- 594 '6-15 25c conv. preferred (duar.)-_____—. General Mills, Inc. 594 prelerred (quar.)_A— Corp 40c 6-20, 3744c _______ 7-1 Instrument ^orpAr4_—15c- General Shoe 7-15 7-1 794 preferred "(s-a) A—,———_ Hibbard, Spencer, Bartlett & Co.— .Monthly —9 7-1 $i3/4 7- 1 General Foods Corp., $4.50 pfd. (quar.)____ $114- .8- 1 General Industries, 5'54 pfa. (quar.)„$1V4 ,-.7-1 - 8- 1 15c Extra —_—c 794 preferred (quar.)— - iy2c , 1*' ',9r '-9 $1% (quar.) (D C) & Co,, 794 preferred (quar.)__i (Walter E.) & Co., common (quar.)_ $1; 10cA „___. 4- 6-15 6-15 6-9 9 '(, -.'.A. 6-16 1 6rl7 Hershey Creamery, - 6-30 General Fireproojing, common— 4 -794 preferred '(quar.A,I.— - 7- 6-17 6-22* 6-15 6-15 -6-15 6-30 6-30 — General Shareholdings— 6-30 6-29 6-30 ; Hercules: Motors Corp, (quar.$2 General Paint Corp., '7-15 50c 6-30 6- 1* General Motors Corp., 6-15 $1% preferred\quar.: 7- preferred <quar.)"__——„_ Manufacturing Co.—; r"" " com. 7- 6 6-15 7-2 < 50c 50c 894 Henkel-Clauss Co., $6 75c Corp; 7-20 7-2 $5c 7-1 6-30 7- 1 1 50c 6-22 ,,6-30 Co-._: Machinery 6-17 7-1 7-1 General 9J 7-1 $lVa , Hilton-Davis Chemical, $1.50 pfd. (quar.)___ Hinde & Dauch Paper Co. of Canada (quar.) Hinde & Dauch Paper Co., common— General "4V494- 9-10 $1 .6-30 17y2c $6 preferred (quar.)—1— General American Transp. Corp. (reduced) General Baking Co., common— • ,10c-; 25c Hibernia- National General 6-15 8-1 30c - 7- 6-15 1 8-15 quar.)_ 7-1 , 6-30 110c 7-15 37V2c , participating preference A (quar.)—„ General American Investors Co., Inc.— - 6-20 " 6- 1* Co, 6-30 , 75c : 6-20 Box 6-15 $1(4 — 6-30 $8 preferred 6-15 7-2 25c -(quar.)_— ,7-15 -9 6-15 7- 2 i50c ' • • $1V2 7-1 tlOc J$1V4 - 30c • — $3 ! 6-15 * 5V2 94 , 6- 5 7- 1 6-20 6-15 6-10 6-20 .Packing'* 6-10 7-1 9._ 6-20 ' 6-25 7-2 25c Helme (Geo. W.) Co., common (quar.) • 794 preferred (quar.)__—____ 50c 6-30 (50c — Refractories— p-eferred & Cooley 9 43%c ■ Co. . 694 7- (quar.)—$iya Power Co., common (quar.) '* J15c-. 594 preferred (quar,)—f$iy4 9, Gemmer 6-19 - Texas). (quar.)———25c $6 pref. Water i Sav. Soc. Hartford- Fire Ohsurance (quar.)____^__— Hartford Gas Ob. com. (quar.)— 6-19 6-22 6-30 . $2 , 9 7- 7-1 Investors, 'inc.1—a20c, convertible, preferred (quar.)___ General 6-15 & $2 Hart 6-25 7- 1 A $1 10c FyrrFyter Co., Class A— Gair (Robert) * 6-20 7-1* 7-1 Sl1^ t35c t30c 50c 25c . Electric Power & Light pref. Co.t 7% ■ — , 6-30 6-20 Heller (George Fundamental • 6-5 - 7-15 (quar.) 1 Harshaw, Chemical ;9;:. "15c '6-30 ;, 6-12 Fuller - 50c 7-1 $lVa—• 7-1$1V47-1 $lVi 7-21t$iy2 7- 2 425c 7-13c 6-30* 37V4C6-30. v!5c 7- 1« $1V4 7- 1 • 50c • a 7-91 —— (quar.) -6%.preferred Iquar.) ; .East Pennsylvania RR. (s-a)__ ■„ A l$iy» •. 7-1 7-15 Brush Fuller ■ - 6-30 25c 7-31 Fuller 7-1 6-15 7- 1 6-15 ..6-30/6-20 «•'! 7- 3 .f 6-23 -A' '' •/*'"' 7- 1 6-15 7-16-15 ' 6-30 7-15 Co. Corporation Heath ! 6-30 7-.15 g.ig 7-15 6-15 6-22 10c J$iya 8 6-30 7-31 7-15 25c 6-15 Harrisburg Gas Co. 794 preferred (quar.)— Harrisburg (Pa.) Hotel (irregular)—_______ '' Gat^neau , 7-1 t75c 1 20c 7-10 A 6-15 3IV2C (Baltimore), 694 preferred— Hazel-Atlas 7-25 • 7-1 6-20 preferred* tqdar.)'_—_—. 30c $1.20 f 6-19 5-11 - 6- (quar.)——12V2c 1 6-19 SlVa SI1/* ;_A 7- 1 , 6-29 2 1 7-1 — : common—-—: .t$H4 • 6-22 $50 — : Froedtert Grain & Malting com! (quar.) $2 . Eagle-Picher. Lead, Ltd.—A Franklin Process,.Co.—50c 9 . preferred (quar.)—"——A* DuPont (E. I.) de Nemours & Co.— $4ya preferred (quar.)———; Duquesne Light Co., 594 1st pfd. (quar.)____ A: — Canada, 12-17 , 894 of 6-20 7-1 Extra 9-15 .. 6-20 t$l ' • — 7- Harding Carpets, Ltd. 7-1.: 6-25 10- 1 6-23* 1 7-1 7. ,- i:;9>-'A. 10-20 ' Co., common,———.—' 75c 7- 1 6-15 794 preferred (quar.)————_——$13A 7-1 6-15 '' Dunlop Tire & Rubber Goods Co., Ltd.— : -Uy t:\/y ' t9, 594 1st preference 9(s-&)——919—-49——*.-"a 162Vz6 6-30 6-15 bum & Bradstreet, Inc.— 9".,;-V'":-"-9 _'99 ;9- : j $0 preferred (quar.)_l_ — $iy2 7-1 6-20 Duplan Corporation— 7—' ' ; , 1 , • 1 * Common (irregular) uZ. 40c 8- 1 7- 6 , —— Franklin County'.Distilling— ; "A 60c convertible preferred tquar.)—2_____ Power , preferred 7- 1 7-1' 7- 25c 25c 9 A6-30'99,6-19 .9 6V494 preferred :(qtN^L)__—— ,:4''v::.;9 9/:-v"v9Av.;a.::.Hatfield-Campb. Creek A pfd. iquar.) 9. increased quarterly—A—___A t35c 7-18 l/ 6-30 Haverty Furniture, $1.50 preferred tquar.)__ Fox DeLux Brewing (Mich.)v (initial)12Vic A 6-30 6-15 Hawley Pulp & Paper Co., $7 lst^pfd. (quar.) 7-21 Common $7 '9 -' (initial quar.)'— _i__ ■/;37Vic (quar.)___"_2______—37J/2C preferred Foundation .Co. 5-29 8-1 prior preferred A . t80c 1334c Fostoria.Pressed9; 1 6-16 75c ; common— prior 694 , 6T15 . Duke 6-20 6-15 ; . Foster Wheeler Corp.— •• 15c (quar.)—"A'—__/ - 6-30 7- 2/, — .^: Foster & 7- 2 , Draper Corporation, Dravo Corporation,' 7-15 (qUar) 6-11 class A_—- . Ontario Inv. Harbison-Walker 8-20 6-15 9- 1 1 pfd. (quar.)_ Hammond Instrument Co., 694 pfd. (quar.) Oommdn;|l-:t_____*_——. Hanover Fire Insurance Co. (N. Y.) (quar.) . . 7- Hammermill> Paper Co., 4149A ,. $23A ,9 37Vic . 6-20 6-20 $ll/2 (quar.)— Hamilton United-Theatres, Ltd.— 794 preferred (accumulated)________ . Jackson RR.; 5V494 pref. "(s-a) Kleiser Co„ class A pfd. (quar.)__ 1 1 — f , , Fort Wayne & 6-20 6-15 7- Cotton, Ltd., common (initial) convertible.preferred (quar.)„ Hamilton Mfg. Co., class A partic. pref-— . 6-30 ,6-15 7-1 . 7-15 2 7- 7- Hamilton —- 4 8-1 $3 - .. 7-15 7-1 56c }l5c (quar.)_——____ Company (quar.) Extra r___^ ,___J . t$4 6-26 f$lVa < . ———————A pfd. Haloid Co.— - 7-3 $lVi (quar.) (common Halifax Insurance 6-5 participating ;Interim f75c 1$2JA Hackensack ■ ' ,'y, r'"' ' V.\ ! ./A 1 5% convertible preferred (quar.) — / $144 „■ \7-15 -y 6-30 preferred (s-a) — 75c.,;- 9-1 8-11 Fitzsimmons Stores—. v, r;: -AA9 '.-9 ;9Diamond Shoe Corp., 594 preferred (quar.) $14* 7- 1 6-20 7% preferred "(quar.)lTV^c /. ■ 9- 1 8-20 Di Giorgio Fruit Corp. $3 partic. pfd.—t$lV4 7-1 6-^22 7% .preferred Aquaj.)„j^__——__^^^w«:y'17440,12-1 11-20 Distillers" Cbrp.-Seagrams, Ltd.— " : Florence Stove Co._;—— 1 50c,,' 6-30 - 6-25 ,5$ preferred (quar.)—— $114 8-1 7rl5Florida Power & Light, $7 ipfd.: ('qnar.);2_^i*Ai".7"".;9 $1% : 7- 1 6-23 9: Dixie-Vortex Co., $2.50 class A (quar,)— __I :: 62V4c 7- 1 6-10 Florsheim Shoe Co., class 50c 7- 1 ■*, 6-23 Dixon (Joseph) ..Crucible Co ___________$l""-: 6-30 6-19 Class B ,;25c 7- 1 6-23 Doehler Die Casting Co. (interim)———— 50c 6-29 6-15* Food Machinery Corp. (qnar.T—; 35c (... 6-30 6-15 Dome Mines, Ltd 140c - 7-20 6-30 Forbes & Wallace, Inc., $3 class A (quar.)__ 75c 7-1 6-24 Dominguez Oil Fields (monthly)—25c 6-30 ' A 6-17 Foresight Foundation, Inc., non-cum. cl. A 6c 6-30 6-15 Dominion & Anglo Investment Corp., Ltd.— Formica, Insulation Co._2————_—_ a 50c 7- 1 6-15 Diamond 6-26 (s-a)__ 6-20 ,7- 1 ,7-1 6-15 7-3 Guilford Realty 11-24 1 6-15 2 31'Ac Quarterly 9-30 ; 7- 7-2 12c 6-25 ; * •" 175c preferred Guelph & 11-30 . 6-30 6-20 50c (quar.)— Guaranty Trust Go. of Canada Guaranty Trust Co. AN. Y.)___ 40c ^ 6-22 7-15 Extra . 6-20 62JAc (quar.) 7-2 7- 2 (quar.) 7- 6 4 —40c (quar.)—— 6-22 $25c (quar.)____ Guarantee Co. of North America (Montreal)— 10-1 (quar.) 6-19 7-2 f$l3A preferred $2 preferred 6-17 7-15 _i Ltd. Group No.. 1 Oil Corp. Gulf Power Co., preferred preferred Co., common 'preference 6-30 $5 7-1 (quar.) 6-13 7-15 7- 1 v 5(/2rA Gruen Watch Co. 7-1 , $2y2 ^Pittsburgh).;(quar.)_l.1V nop-cumulative 6-17 $13A preif Brps. Cooperage Corp., \ ;; 6-20 6-30 $2 $1 common Greenwich Water System,.S'A .6-15 6-15 6-29 (quar.)__ $1 York-(quar.)$20 Pawners SocietyAChic.) 1 2.444c 7-25 7-25 ; 6 participating 7- 1 Brothers, 7- J$3,75 (quar.)__ (quar.)____ >6-30 6-30 ' (accum.) Participating $1.25 $2 $4 6-23 Greenwich Gas Co., common— » 6-20 , Co. Wire Oil ; . 6-22 1 J25c . (quar.) (H L) Co. Greening (B.) •; - WeC <quar.)_ Western Insurance Fisher 9 6-15 25c A 7-1 7-2 7- 25c 79^ pfd.(quar.) Life Assurance Co. 6-15 7-15 -7- 2 7-15 1 35c (quar.)— 6-30Great West Saddlery, 6.# 1st pfd. (quar.)___ 6-23 { 6% 2nd preferred (accum.) 7- 2 8- t$l (quar.)— Gulf First State 7- 7 t$2 $134 25c ; : , 6-15 6-22 (quar.)_____ common 7-1,, • preferred 6-15 7-2 7-1 10c *6-13 15c tquar.)—: 7-2 75c American Insurance (quar.) Lakes Paper Co., Ltd.— $2 class A- partic;preference (accum.)____ Gulf Stores 6-19 $63c Corp 6-30 7- 1 7- 1 5<i 6-1$ National 6-30 6-30 Great 6-23 Quarterly" 6-30 Great 7- 1 First 50c $lVi , 462Vic t 6-30 ; 10-1 12-23 7-15".: $4 (s-a)____ Derby Oil & Refining. $4 preferredDiamond 10-1 12-23 6-20 (quar.)— (Del.) ' 794 6-10 6-30 7-1 ; 6-11 '.'"••V/,. Quarterly1.—_ First National Bank.1 (St. Louis) {quar.)__— 7-1 7-15 Ltd., 7%' preferred—; (W. T.) 7- 20c 50c ". 9-11 6-13 7-1 t40c (quar.)- ! $1V4 6-18 62V4C (resumed) Hosiery,. 1.% preferred First National Bank of First National Bank (quar.) (quar.) preferred (quar.) Grant 10- 1% ' New (quar.)— Telegraph First National Bank; (Jersey City) •. 5c Co., Ltd.. (irr.) 1 6-30 (quar.)_______ (Chicago) 6-15 Grand Rap.ds Varnish 6-20 Bank 7-2 Transit Co. Goulds Pumps, 6-20 National First 6-18 125c & Gotham . 6-20 1 6-15 9-15 12-15 6-12 7- Gorton-Pew Fisheries 9-30 6-12 6-12 7-1 6-13 6-1? 12-18 1 1 7-1 Common '5<}t> 7- 7-1 7- 30c Manufacturing Co (B. P.) Co., $5 preferred (quar.)— Goodyear Tire & Rubber of Canada-- 6-20 F.) 40c $1 6-13 6-30 (S. 6-25 $l3/4 7-1 t60c (quar.) 6-10 7-1 7- 6 56Vic Goodrich 6-30 Insurance 6-30 8-1 Goodman 6-15 6-30 Pennsylvan.a 15c $l3/4 Goodall Worsted 6-15 1 $1 V4 Bros., Inc.,- $2.50 conv. pfd. (quar.) State Co., Ltd. (quar.) 9-16 - 5c of Stock & 1 ' 15c Fund 6-20 Goldblatt —'——_______—————./'5c Co. 6-19 1 (quar.) Brewing 6-10 •, —— 1 7- Co., 7?4 preferred (quar.)__ Inc., class A—,—. Elevator 6-20 (quar.)_—_______—. ;, 5'/a 94 pref erred Finance Goebel 6-20 — 7- Sugars, preferred $7 6-15 6-30 - 6-30 Extra Fireman's Globe-Wernicke 6-15 6-15 •• 35c (quar.)________--_—__^—** 87V4C (quar.) 6-15 1 25c 10c :.v- 7- common convertible 7-1 25c (q.uar.$1.183A (Bait.)— '#-15 (N. Y.) (quar.),._ (reducea) preferred (quar.) Company, 44494 <■ 1 7- (quar.)— common of "America Co. Extra 6-20 12-19 ' Sons, 434 % Class B 7- 3 . (William) Finance , (quar.)_—25c (s-a) $2 Co. 1 6-30 10- preferred Filtrol Co; of California_r™^;—15c w, 7.-1,, 7- 1 7-1 10- 1 10-1 12-23 12-23 7- 1 6-20 9- 1 8-20 7- 1 6-25 7-1 6-15 7- 1, —^ 7-15 6-26 Hook & Eye- Co.,(quar.)_———-__$lVa Dempster Mill Manufacturing, com. (quar.)_ $144 594 preferred (quar.)— $1V4 ; Dentist's Supply. (N. Y.) 794 pfd. (quar.)__ $13A 7'A preferred (quar.)__ $13A '■■756 preferred (quar.)___ $13A Depver Union Stockyards Co., com. (quar.) 50c ; 5V294 preferred (quar.—__ $13A De Pinna (A) Co. class A (quar.) 75Ac 6 94 conv..preferred (quar. 15c Deposited Bank Shares Series B-l— 4e ■,< Mfg. 1 7-1 , •_ Glidden 12- 1 ' 6-15 $2 Glens Falls Insurance Co. 9-1 --25c -^ 6-26 7- 7-1 1 6-18 6-36 75c 7% preferred Aquar.)__Fernie Brewing, Ltd, (annual)—- 6-30 $1V» $iy4 ________ Co 6-12 7-15 25c * 6-18 common (quar.) Machine 6-12 6-12 ' $2Vi Extra preferred $5 1 Fenton United Cleaning & Dyeing Co.— 6-15 6-24 6-24 7-1 10c (s-a), Gisholt 7- 1 Federal s; Services Finance Corp. <Wash., ' •• <• D. C.)' common <quarr : 50c 6% preferred (quar.)—-.—i.— $lVi Federation Bank & Trust Co. (N. Y.)_i—50c ' ■ 25c $1%> 225c Extra RR; ; •>' payton & Michigan R.R., 8% pfd. Delaware Gillette Safety Razor, 6-18 7-1 6-30 6-15 Fidelity-Phoenix Fire Ins. Co. (N. Y.) (s-a) 80c (quar.)__ $1 , 7-7 6-16 \ Extra V——i.4_— " 20c Debenture & Securities Corp. of Canada—tFidelity fc Guaranty Fire-Corp. (Bait.) (s-a) 50c V #.554f.•.preference' (s-a)——— $$2V'a ..!■ 7- 2 ' 6-20 Field (Marshall)'& Co. 6% pfd. -(quar.)___ ; $1% Decca Records, Inc. (quar.)—_______—i—15c 6-30 6-16 !t 6%' preferred 2nd series (quar.)—- ",;$lVa Ltd., 6-22 6-22 7- $2Vi , 6-18 (quar.)___ 1 ; Federal Motor Truck-.—w—i.-:—-^-^—' 1 7-1 50c Co.", $3.50 preferred Co. 1 '7-1 • •* $lVi $iy4 • Art 1 37Vic f. -7-.1 $lVi 6-30 — * : $1'A 5f,e preferred "(s-a)"r_— Davenport Hosiery Mills, common,———__i 7'/o preferred (quar.)———————'" David 7-1', 7- V 6-30 ' $3 - cumul. conv, preferred A (quar.)__L_ Gibson 7- 25c Fansteel Metallurgical, $5 preferred (quar.) 4 $5 preferred (quar.) * $5 preferred (quar.) Farmers & Traders Life Ins.-Co. (Syracuse, N. Y.) (quar.) 4 Quarterly Federal Bake Shops, common__—— *' 5% preferred As-a); Federal Electric Co:, $1.50 class A__^——^ Federal Insurance Co. of New Jersey (quar.) 9-15 6-15 10-22 7-22 : , ' 6-15 9-30 6-30 11-2 9- 2 (extra)— 10c J—10c Cunningham Drug Stores,' Inc.— 6% class A prior preference (s-a)_____ Curtis Publishing Co., prior pref. (reduced)_ Curtiss-Wright Corp., class A___— Dairy League Cd-OperatiVe Corp.—; ; 6-15 6-15 9-15 7-1', $lVi (quar,)— 6-20 6-15 '7- 1 Tissue $ly2 . (quar.)_______ 7- [ $i.Vz convertible preferred <quar.37Vic 6-15 6-15 6-20 6-30 6-30 preferred A 7u Excelsior Life Insur/ Co. <Tor©nto)~• <lrreg.) t$1.60 Fafnir Bearing Co. (quar.')__________-__;L___ $1 Falstaff Brewing Corp., 6% preferred <s-a)^ 3c Panny Farmer Candy Shops (quar.)„37VzC : Family Loan Society common-(quar.40c 30c Culver 7-25 6-23 6-13 7- 1 9-18 • 694 , 10-24 6-30 7-1 7-15 9-30 t » 1 1$1 25c 30c $2 (quar. Cuban 8- 11-2 7-1 ' ______ Gilbert (A C) 6' 6-30 7- 2 • 6-15 7- 25c 1 $lVa „ peorgia power Co., $6 preferred (quar.) $5 preferred (quar.) L. peorgia RR. & Banking Co. (quar.) 65c ' €-10 7- $1V4 common.; . 6-15 6-26 Excelsior, Insurance Co.; (Syracuse15c . A, (quar.) i 3 7- - $iy»', —___ Instruments Corp., 7- Eversharp, Inc., 5% preferred-(quar.) Ex-Cell-Q Corporation Co., common (quar.)__—15c 8% preferred ' (s-a)„—___ : ! $4 < Cuban American Sugar, common (resumed) •" 25c . .1 7% preferred (clears an arrears)——"' t$50 ; 1% preferred (quar.)__ —— $13A 1 7% preferred (quar.)__— ————$1% 51/2% preferred (quar.) $1% ',5Vi% preferred iquar.)— .$!%" * (quar.) Time preferred of Rec. 7-2 62V4c 7- 1 . - $5 preferred A $6 Payable J30c General Tire & Rubber Co.— (quar.75c 5% preferred '(quar.)__-__-__-_^__^__-_L.__$1% Engineers Public -Service Co. $6 pfd. (quar.) ' $5i50 preferred^ (quar.)_^._i.^_^__i____^^_w $1% ' $5 preferred (quar.); $l'/4 Equity Corp., $3 convertible preferred_A_-__i. f75c Equity Fund,vlnd.' <redUced)^_^w-^w-^___ -" 4c Erie RR; $5 preferred A (quar.)_.__J._____-___ ' $lVi i Holder» share (irregular) Co., (quar.)___ preferred General Ltd. 7^-3 6-22* '(quari)_i^_-V—30c ' B Y.) 6-30 6-12 1 Wares, 7-15 " 50c *• ' Class (Ni Trust CO. (quar.);A $2.50 Steel 7-15 $3 . 6-20 6-25 ■(quar.)_____—___ insurance 7-15 6-30 , 7-1 (quar.)_— Crum & Forster 6-30 7- 1 7-10 (quar.)_l_______J— Corp. common preferred 7-15 40c 25c (Montreal)' (quar.) Zellerbach Crum General Telephone tlOc Corp.___i_i___-_____ Credit Utility Banking, class B (quar.)___:_ Crown Cork International'Corp."$l"cl. A;^_ „ 6-15 $l3/4 .<• 7-1 •> 6-23 7- 1 " 6-20 7- I t 6-20 6-30 6-20 6-30 6-20 6-30 6-20 ' 7-1 '* 6-15 7- 1 $1% (quar.)__ General - Employers Casualty Co. (Dallas, Tex.) (quar.) 30c Quarterly-' A_~A— f——— 30c Emporium Capwell Co., common (quar.)—A, 35c: preferred, series A (quar56Vie Endicott-Johnson Corp., common-.—___—. - 75c 6-15 7% participating .preferred (quar.; ,$P/4 Cooper-Bessemer Corp., $3 prior pref. (quar.) 75c i preferred Name of Company . . t 6-20 $iya 6Jo 2nd preferred1 (s-a)_-_l.i.^w-.^___^_„^ 6-22 . 7- 1 $1% pfd. '<■ 8 7- 25c ' 6- Per v of Rec* 7- 1 $lJ/8 —,—__ 6-30 $1% (quar.) 6'/a94 6-11 ' Holder* Payable $1.60 El Paso Natural Gas, common —60c Ely & Walker Dry Goods— v 7% -1st preferred '(s-a)jA_______-;_______.A '• $3% 6-30 7-*2 50c' 'A 6-30 common common- 7-10 , W7ie» -share ; $4.50 preferred (quar.), )E1 Paso Electric Co. (Del.) 694 pfd. B (quar.)794 preferred A____ : 6-30 6-30 25c"*•' 6-29 " (quar.—._AA " Continental Telephone, v . El Paso Co.?(Texas) > . Extra "___A—1_1_A——20c 53oatinental.>lotors porp, '(irregular)15c Continental 6-12 . __ (s-a)___, Name of Company - , „ v Elmkra & Wllliamsport RR. 7% pref.. (s-a)_ 20c Gas & Electric Per • * , , Continental ,1% & When Payable . share H 2417 (quar.)_A— .f • 2Va94 1$1 . 6-12 } THE COMMERCIAL & FINANCIAL CHRONICLE 2418 When Per Holders Per ' share Name of Company & Huron Mortgage (quar.)_ . Hussmann-Ligonier, common (quar.) 5Vi io conv. preferred (quar.) Huttig Sasjflp'& Door 7% preferred (quar.)_ 7 % preferred 7% (quar.)— (quar.) preferred —»— Corp., common preferred (quar.)__ Ideal Cement Company (quar.) Illinois Bell Telephone (reduced).—' Illinois Central RR. (leased lines)-— 4% guaranteed (s-a) Illinois Commercial Telephone (Wise.)— $6 preferred (quar.)—i.—s._ Imperial Chemical Industries (ord.) (final). Imperial Life Assurance Co. (Toronto) — Quarterly ... _ — Ingersoll-Rand, Inland Corp. preferred 6fo Inc... Investors, Institutional Securities, Bank Insurance (stock). North of Co. America Certificates preferred (s-a) $1V4' International Extra Coal International Co., conv. 6% conv. Co. preferred (initial) ——_____ able .. in U. Common 5% pfd. (quar.) Funds)..———— S. Nickel Co. of preferred preferred ($5 Paper International Power Co., 7% ...preferred International Shoe (quar,)-—: preferred (quar.)... Fund Public * •• Coal preferred Co., 7% preferred ;• 7% preference B (quar.) t) 5% preference C 5% preference D 5Vi% 6% 4 7% 1 6-30 7-15 ' 6-30 7- • 10c 7- 9 7- 1 1 1 12- 1 7-1 7- ' 1 preferred 1Va% lVi% —. , ... 1 6-22 50c 6-22 6-30 6-30 $iy2 7-1 : 6-30 1 1 $1% 7-1 6% pfd. (quar.). 1 6- 7-15 15c 8- 1 7-13 Kansas City Power & Light, $6 pfd. B (s-a) Kansas Electric Power Co.-. 5% pfd. (quar.) $iy2 7- 1 $iy, 7- l Kansas Gas & Elec. Co., $6 pfd. (quar.). 7% preferred (quar.)__-.^_______—_____ $iy2 7- 1 $1% $l3/4 - > Kansas $7 Power Co. preferred Katz Drug, Kaufman 6% 7% 6-13 (James R.) preferred Kelsey-Hayes Class Wheel class B A Kendall 1 7- 1 Gold 6% 7% preferred preferred preferred preferred (irreg.) 1 - pref. Oil Co., : preferred __________ (reduced) common , 7 7 t87y-c ; Co.^ 6% preferred (quar.) (quar.).. first preferred (quar.)__i—: second preferred (quar.) 25c 10c (s-a) Co., . $1V2 $l3/4 _ . preferred 5% preferred (quar.) Tire Ltd. Field 6-12 Martel Mills, 1 6-12 7- 6-13 7- 1 6-13 7- 1 6-15 7-. 1 $iy* 6-30 7- 1 : 6-16 7-15 . 10c 6-15 1 ?, 7-1 6-13 ., 7-1 6-15 7-15 6-12 $5 50c' Marven's, Ltd. Maryland 6-15 Massachusetts 6-15 6-20 1 6-15 6-12 6-30 8-31 8-29 11-30 11-28 Morris Morris , Morris Bank 6-17 Morris Plan Bank 7- 6-20 Morris 6% Morris 6-20 Morrison 30c 7- 6-26 62 y2c of New 7- 1 6-15 7% Mead 6-20 Plan 7% (series preferred Motor 1931) Industrial Cafeterias . 7% Mengel Co., 5% I 7- 1 1 10- 1 10- $iy2 $iy2 1-2-43 7- Finance, $5 preferred 6-12 6-30 6-20 6-24 6-20 15c 7- 6-20 Munsey Trust Co. (Washington, D. C.) (quar.) 'Extra 6-30* 7-15 & Port Carbon RR. -.1 6-30* Munson 1 6-20 50C 7- 1 6-12 Line, $4 preferred A 8- 5 11-14 11- 5 6-30 6-30 6-16 Muskegon 7- 6-22 Mutual Bank & Trust Co. 7- Ring 7- 1 6-15 t$6 7- 2 6-25 1 7- 1 6-15 50c 7-15 6-30 Mutual System, .7- 50c 1. 6-30 7-15 37V2C 6-15 7-10 , 6-20 7Va% 6-19 8-15 6~°" 7- 2 7- 1 6-20 7- 1 6-20 7- 1 e Inc.,, 12-15 12-11 9-28 12-28 12-17 10c 7-15 3c (quar.) common 9-11 $p/2 : 6-12 9-15 $iya ; : 6-30 50c Fund—-——— (quar.)— • guaranteed common preferred (quar.) National. Aviation Cprp. (reduced)— National. Battery - Co.— 6-30 6-30 ^ . 7- 1 15C 9- 1 15c .—— preferred 6-30 7-15 7-15 93 %c pref. (quar.) 6% 9-17 • 50c „• (s-a) National Automotive Fibres 6% $2.20 6-20 6-29 9- 3 50c preferred (quar.) preferred 7- 6-27 30c ' (St. Louis)(quar.) i Investment 8% 6-20 30c (irregular): —___. " 1 20c :_— Mutual Chemical Co. of America— 6% preferred (quar.) r 6% 6-19 7- $l'/4 5V2% Quarterly 6-13 7- 9 6-29 $1% preferred (quar.) Murray Ohio Mfg. Co. 6-22 6-29 lc Murphy Paint, 1 6-24 t$2 & Devel. Co. (quar.) Murphy ,(G_ C.) Co., 5% preferred (quar.)_* Ltd., common (quar)_ ; 8-15 Piston 1 25c Mount Diablo Oil Mng. 1 6-26 7- $1 ' 7-15 6-16 1 50c 7- , 1 7- $l'/4 (s-a) Co.— 2C $iv2 7- $l»/4 (quar.)_____— Mount Carbon Mueller Brass 12- 1 11-10 7-13 6-29 i2yaC — 6-20 8- -7 - (quar.) *' 7- 1 6-12 55c 7- $lJ/4 7- 1 6-15 National Biscuit 30c 7-15 6-12* $l3/4 7- 1 6-11 National Bond 15c 7-15 6-30 7- 7- 6-24 8C __ conyertible Co (reduced)— <fc Share Corp.——I 1 6-18 National Boulevard $iy2 ,6-30 6-15 National; Breweries^ Ltd., $iy2 6-30 6-15 40C 7- 1 6-20 t$iy2 7- 1 6-18 $1 (quar.) preferred—. (quar.) 6-30 mv2 , 6-15 6-30 7% first 7% preferred 1 6-29 7- 1 6-29 National Casket 8- 1 7- , I (reduced)—_ * Co., 7% preferred— 8 6- 8 7- 6-15 Nationalise. Welding Machine Co; f Quarterly., '—,_— 6-15 National Enameling $1 w 7- 1 6-30 - 6-16 — National Fire Ins. Co. (Hartford) 8-15 7- 1 6-12 1 6-12 . 7- 7-15 50c . 6-30 8- 1. 8- - 1 ' '75C . (quar.)—' 7- 1 6-12 6-30 ' 6rl5 7-18 .7-18 6-8 2c (quar.) Co.—_—_ 1 '20C — 6-12 7-1 25c t$iy4 - —— & Stamping 1 $l3/4 — National, City Lines, class A (quar.)—: $3 convertible preference (quar.)_ National Dairy Products 6- , 6-12 9- $1% 6-15 35C 7- 2 25c „ 6-30 1. 7-2 lQc — 7-1. 6-30 1 5-20 $44c (quar.) 75c 25C $l3/4" $1 1 $50c National $3 (s-a)___ (quar.) (quar.) second preferred, (quar.) Cash Register 7-15 7- 25C ■ (Chicago) common preferred (quar.)— __—;.— National Brush Co. (quar.)-—.— National. Candy Co.,.'common— 50c (s-a)__ Bank 7% 50c common (s-a) __: 12-31 1 6-30 Nashville & Decatur RR. Co.— : 5 30c ;___ Y.) 6-20 25c convertible lat pfd; 7- $1% (N. 6-20 30c (quar.) (s-aK 5 $iy2 (quar.) Mutual preferred (quar.)—— preferred^ 66- 50c (quar.) Bank $7V2 (quar.) 5 2 Consolidated, Inc.— $1V2 $l3/4 ______ (quar.) Johnson & Co., common 7- 7- 2 4 4 7- Y.)—. Co. 6- (reduced 7- 35C __ (reduced)__—__ Mathieson Alkali Works, com. Haven Virginia (s-a)_ of America— $1% (quar.)—__ (Toronto) (s-a) Ins. 2 $1% 25c 50c Glass 7- $l3/4 of Corp. preferred 6-20 6-20 50c preferred preference 6-30 6-30 $55 Vic $1% 6-22 ' 7- 6-22 (N. ' 6-15 2 7-30 $iy2; Plan 7- 1 Co. (quar.) 7- $38c 50c quar.) 7- 7- Massawippi, .Valley RR. Plan 7-1 , , 6-12 6-13 (Philip) & Co., Ltd. (see Philip Morris) 6-30 $l3/4 - , RR. 6-18 6-20 Plate Essex 7-15 6-22 Rubber-— 1 $$1 (quar.) vtc. com. — & 6-30 1 Drydock.Co. Extra 6-15 7- ;i4 $$3 Corp., Ltd., common (quar.) 7% pfd. A (quar.) (payable in U. S. funds) 7% pfd. B (quar.) (payable in U. S. funds) Moore (W. R.) Dry Goods Co. (quar,) Quarterly • * Quarterly 6-20 1 7- ; 7- 2 Bank ____ & Power, cons, (Bait.) $iy2 (accum.)— & 6% 7 7- 6-30 & Sons 6-15 7- < $l3/4 Savings Moore $2 preferred 6% 12-22 7- Corp. preferred 1 7-19 6-15 2 7-15 ■ 1-2-43 $1 Corporation Oil Midland (M.) 1 7" 1 $iy» — Monumental Radio 25c (quar.)—_______ Mapes Consolidated Mfg. Co. (quar.)__ Marchant Calculating Machine (quar.)_ 6-25 8- 7-15 ,10-15 '' Extra 4 Montreal Light, Heat t$l% Trust • Montreal City & District 4ril (Montreal) (quar.) 25c (quar.) Marsh 6-17 6-20 1 7- . . 87 %c, Montgomery City Trust (N. Y.) (s-a)_. Montgomery Ward & Co., common $7 class A (quar.)—. 15c (quar.)—— & convertible 6-15 1 7- 2 $i3/4- .. 6-20 8-1 t2c $3.50 preferred (quar.)__ Utilities;common ;_____ (quar.)_— 1 6-20 11- 12yac. $$1.20 : ; 6-15 6- 1 ,7- 2 433/4C preferred 9-21 __ convertible $1.20 $2 6-19 7- 6-30 7- 2 .410c ; 1 7- $2 ; •'4$1% 50C $1. 6-20 7- 1 ; t20c (quar.)-_____ 6-20 $1 Vi Corp. 7- 1 7- 1 preferred 1 common—_ Co., Co., 6%" preferred 2nd series (quar.) 6-30 $lVi 6-20 37y2c . : 6% 43%c common— Marshall 1 6-15 1 37 y2c 4 (quar.)i___i__4 pfd. $iv2 Marlin-Rockwell 7- 7-15 1 7- 6-20 1 $3 -- 6-10 7-1 1 7- $1 $iy2 - 6715 $7 $1V4 Co., Theatre Common 6-10 , 8- $iy2 Menongahela West Penn Public Service— I 7% preferred (quar.) : 6-30 40c (quar.) 6-1Q 1 ,t$iy2 '.V* 6-13 7- 27 Vic — (quar.) & Co. 1 7- 6-20 6-30 10- $1% r 1 7-1 1 7- $1% Co,* (irregular)— v 7- t75c 6-20 7- (quar.)- $l3/4 6-29 t62yac 1, Cement (irregular)___—^ ; 25c Light, $6 pfd. (quar.)__i_ v; $iy2; (Robert) Co., Ltd. m $1% (quar.)— 7- 7- 7- $l3/4 (Winnipeg) (s-a)— Porcupine Mines, Ltd (quar.)—____ Monongahela Valley Water, 7% pfd. (quar.) • —- Marion-Reserve Power Co., $5 pfd. (quar.) Marion Water, 7% preferred (quar.) 7- (St.'Louis) 6-20 $1% ' 7-21 25C Margay 25c 6-15 1 1 *$iy2 Marine 1 6-15 7- Moneta Ltd.-r~'";'''4„y-447,^:' 5-29 7- 1 '"17- 1 85c '2VaC 433/4C (quar.) 6-30 }7c 7- $iy2 ... 6-15 $iy2 » 6-15 1 .;. Quarterly,.—4— Molybdenum Corp. of America_4___4i_— ;,-v 5-29 $iy2 (quar.)..... common (quar.)..- Kresge Dept. Stores.4% pfd. (quar.) Kroger Grocery & Baking Co.— 7% -6-30 6-30 70c (D,. Emil) Co., common Knott. Corporation (s-a)_; 6% 6-30 7-15 (quar.)__— preferred 6% (quar.).-... Klein Koppers 7-15 Forbes & (R. H.) 7% 6-20 6-30 ' 7-25 $l'/4 3iy4c 7-15 2V2C — Ltd. 40C 6-15 6-30 7- 2V4C 8-20 9 6-30 $l3/4 (quar.) 11-20 1 6-27 RR., 4% pf4. (s-a)__ Containers, .Ltd. common (quar.)—' 5V2% 11-20 1 37 Vic preferred preferred Mansfield 6-13 83/4c ^ Mines. Kings County, Lighting 5% ' 2nd 5% 6-13 1 1- 12- common.. $l»/2 (quar.)___ (quar.) (irregular) Kimberly-Clark Corp., 6% (Ky.) Manufacturers 7- 9- 12- 25C —____ Manischewitz Keystone Public Service Co.— $2.80 Co. 7- ' B 25c $l»/4 6-20 7- $1% Monarch Life Assurance - 6-30 25c Mollne Pressed Steel, class A partic. 8-20 1 (quar.)——— L preferred (quar.)——__ 7-31 7- 9- 6y,c $l'/4 (s-a) 7- 5-29 Manufacturers Life Ins. Co. 1 6-15 6-22 $1%; 6-30 6-15 1 7-/1 t$2 Vi 6-11 6-30 (interim) Co., 7-28 6-19 7- 6-30 :4. 7>/ac 10-22 7-25 7-1 7- 75c 6-12 6-13 $2 1 .'Extra' 6-15 - 6-12 7-.1 & Birmingham Modern 6-19 6-30 -r $l'/4 25c Kerr-Addison 4 Stores Mansfield 6-15 7-31 4 6-30 50c $l3/4 Mobile 6-12 50c (quar.)____ RR Co. 7- 6-15 ? 1 • Portland 6-20; 1 1 7- 1 2 25c Elec. & Gas .Mahoning Coal RR. 6-20 t75c 7- 2 7- 6-15 6-20 8- Edison Mitchell 8-24 6-20 $2 7- 50C 50c 6-15 Hope, Missouri Power & 11-24 6-30 (Port 4 11- (Del.), class A (quar.) '•» 37yac 6-30 25c preferred Kerlyn Oil Co., class A Class v 6-24 7- 1 $iy4 Corp..: 6% < 9-10 12-10 1 : Missouri 8-24 11-24 $1 .___ Magor Car Corp. common (irregular) 7% preferred (quar.)—__—— 6-19 1 9-10 12-10 7- (quar.)_______ Light, 7% pfd. (quar.) Mississippi Valley Trust ' 50C preferred 6% 1 7-10 30c Copper $1.10: 4 $1.10 6-15 7- t Quarterly: t= 6-15 6-20 7- 7t15 1 1 7- 6-18 6-15 . 7- 7- 7-28 1 $l3/4 Magnin (I.) & Co. 6% preferred 6% preferred (quar.)—— 6-15 7- 4,: 7- 1 .8- 1 Montana-Dakota Macy 37y2c (resumed) — Utilities. $iy8.. 6-15 7- Monroe Chemical, 15c Special Kentucky ,' 25c 6-15 7- 460c Mississippi Valley Public Service, common¬ er preferred B (quar;)_-_—____' 6-17 25c Refining Kennecott 37yac 4 6-25 '6-25 6-30 , 6-15 6-15 6-20 6-20 6-20 1 7- Mississippi Power Co., $6 pfd. (quar.) $7 preferred (quar.) Mississippi Power & Light, $6 tirst pfd.„__. Mississippi River Power, 6% pfd. (quar.)__ ,6-20 7- 1 $iy2 (quar. 6-22 6-15 1 6-30 6-30 6-30 5C 1 6- 7-1 (quar.)________i-__________' 1 $1% (irreg.) 6-20 - Co. Hill Navig. Company 1 6-15 75c Kellogg Switchboard & Supply, com. 5% preferred (quar.)..^ 6-30 preferred preferred Mission Oil 1 1 12y2c Keith-Albee-Orpheum, 7% conv. pref. (quar.) Kelley Island Lime & Trans. Co. (quar.)____ 6-24 6- common & 7- 1 50c common 7-16 Power 7- 7- $1% (s-a) 25c 1 1 50% L $6 6- 7- 6-1 7-T (quar.) Manufacturing Co., 7- 7- 10c (irregular).. (quar.). 6-15 1 :::7-1 prior, preference 6% 10-26 & 25c 7-1 7-1 7% 7- 6- 1 $l'/2 : , .' Savings Mine & Falls $2'/a Mackinnie. Oil & Drilling 7- ', 7-25 1 50c —____: 6-15 $iya (quar.)__ Stores 1 1 25c (quar.)___: Mac Andrews 6-15 : $i%- preferred 8- 7- Theatres, $iy2 (quar.) Co., Ltd. Department (quar.) 10c (quar.)___i preferred $4.50 Co., Kearney pfd. (quar.)_ (Chas. A.) Kaufmann Kaynee $6 6-12 ____ $iy2 common 1 11- (monthly) ______—" (quar.)___ cumulative 7% • Gas, 7- 4 _____,—— ... 6-15 $l5/a Ltd.", partic. pfd. (s-a) McQuay-Norris Manufacturing (quar.)—— McWilliams Dredging Co. Mabbett ,(G.) & Sons, 7% 1st pfd. (quar.)__ 6-19 Natural 1 & Tool Creek Minnesota McManus Petroleums, 6-18 (quar.) 7- Mill 7-. 1 Steel Midwest Millers 1 V $l3/4 , (s-a) Missouri Extra 6-19 1 preferred 6-30 $l3/4 McKay Machine, common (quar.) 8% preferred (quar.) McKee (Arthur) & Co., class B (guar.)—— 7-1 6-30 - 6-15 "" Pipe Co., common preferred 6% 5 7- $6 B McCrory 6-5 1 7-1 Kansas-Nebraska Co.— McClatchy Newspapers, 7% 7 7% preferred (quar.)— 6-5 7- 40c Furnace 1 7-15 $2 & Coal Co, (s-a) Lynchburg & Abingdon Telegraph Co, (s-a) Lvnn Gas & Electric (quar.)__—_—______ 6-23 7-6 15c - 7- 7- $l3/4 i__ Products, common $2 non-cumulative preferred___________^_ 8% preferred (quar.) Midvale Company (irregular) Mid-West Refineries, common.-,. 7-20 10c Lykens Valley RR. 6-17 7- $l>/2 • 1 Loan Ont.) Midland 6 8- ..... (quar.)— Corp. (quar.)__— McGraw-Hill Publishing Co., Inc Z $iy4 : & ... McColl-Frontenac $iy4 ... ... Stove (initial) 6-10 6 7- - 12yac 7-18 7- 75c ... Kahn's (E.) Sons Co., com.- (redu. quar.)____ 7% preferred (quar.)_.-_-^_^_^__ Kalamazoo Co. 10-17 1 7-15 $1.30 (quar.).. (quar.)___—_______ 1 7- 1 $iy8 preferred 11- 2 8- 6-16 50c 6 y2 % preferred (quar.)_—___ 6y2% preferred (quar.)—___—________ 6y2% preferred (quar.)—44._, Ludlow Valve Mfg. 5xk% non-cum. conv. pfd. 6-10 $13A. (quar.)-...— Joplin Water Works, Joseph & Feiss Co. (quar.) ' 6-10 7- 7- Midland 6-20 $144 — ' 6-17 7- 6-30 Lunkenheimer Co.— 6-15 $1% (quar.)..... common... (quar.). RR. 5% 6-15 7-1 $1% (quar.)...-...^...^ B 50c , : __________________ 6-24 30c 5% 6-15 $2'A ____• $1.06^4 Laughlin Steel, 10- .___—— $1.06% preferred A $1 preferred (quar.)———— Louisville i 4-4. -—~4' preferred 6-13 — preferred (quar.) 5% 1 (irregular)__—_—_—__ $iy2 Mickelberry's Food Products— $2.40 preferred (quar.) 6-24 6-18 1 ' 6-15 5 $iy2 5% 7- Taylor (quar.)—1_ Co., common (interim) Class ... Light Co.— (quar.) RR., stamped $1 Louisville Gas & Elec. 6-22 7-1 7- 1 25c (quar.)..-. 7-14 6y2% (Marcus) & 7% 6-22 $iy4 (reduced) Inc., 4y4% 1 9-14 6-18 7- ?40c 8- 1 6-30 $lJ/4. $1% 37yac 6-30 6-30 93c ' $iy2 preferred (quar.) 6-30 26c ''' $l'/2 7% 25c 6-20 30c 7- 25c 6-30 common 7-21 ■■ 6-16 $1% , Michigan Public Service— $6 junior preferred (quar,) 6% preferred (quar.) 1 6-20 6-20 7-1 $1% 80c common—— 1 1 1 " preferred series of 1940 Lorillard- (P.) 6-22 7- 1%% ____ 1 7- 1 6-20 6-20 7- $iy2 (irregular) preferred Lord 6-9 7- 1 6-13* 7- (quar.) (quar.)_ 6% participating preferred (quar.)-____ Participating Long Island Safe Deposit (reduced s-a)____ 6-17 }17c $$l3/4 7- 6-30 75c (quar.) 6-15 5% 6-19 (quar.)..., Joliet & Chicago 1 - 6-19 ' 6-15 6-16 7- (quar.) 6-15 participating preferred (quar.) Participating 6-20 7-1 1 6-20 6-30 25c 7% preferred (quar.).__•__ , Michigan Associated Telep. 6% pfd. (quar.) Michigan Die Casting Co. (stock div.)_____ 6-30 7- 6-20 . 50c , : 1 5% 11-10 15c 7-13 25c 7% pfd. (quar.) Lone Star Cement Corp. (quar.) Long-Bell Lumber, $5 pfd. (ctfs. of ben. int.) Longhorn Portland Cement Co.— 8-10 ,' Meyer-Blanke Co., 6-20 ' Inc. cumulative preferred cumulative preferred prior preferred $7 prior preferred 6-20 50c Co.___l__4 $6 6-25 1 60c quar.)_. (quar.)______________ 8% $6 6-25 6-30 /. Machine 6-25 6-30 6-30 $5 Corp., 7% pfd..(quar.) Metropolitan Coal— " 3Vz% non-cumulative 2nd preferred (s-a) 5% 1st preferred (quar.)___.____ ; Metropolitan Edison Co., $5 pfd. (quar.)___ 6-25 6-30 2C (quar.).,—___: 6-20 7-1 1 7- 30c i * guaranteed Loew's 6-20 7- • '• 6-30 guaranteed Loew's, 6-20 1 9- preferred (quar.) ;—__.—__ Johns-Manville Corp. 7% preferred (quar.) 1 , 7- 25c 4J/4% Jones & •• Power & Jewell Tea Co., 3%c —_____ (quar.— preferred preferred (quar.).. Special 6-15 7-15 7-1 ___ 1 8-1 ' 30c Water Supply, Jersey Central ' 30c preferred Jefferson Electric Co. 7- _______ common 6-30 $iy# 1 Corp.; 6-20 9-20 1- 4312-20 $1.31 V* 7- preferred Miami Lock Joint 6-23 50c common (quar.) (quar.) Jamestown (N. Y.) Telephone Corp.— 6% first preferred (s-a)— 5% class A (s-a). $5 7-15 $lVi (quar.) 2 $l3/4 Special 6-15 6-12 , _ (quar.) Jamaica 1 1 $1% Ai (quar.): 12- — — Co. 1 1 1- (quar.) ; Metal & Thermit $7 Original' capital .(quar.) " Original capital (quar.)_________________ 6-15* —__ common..... (quar.) Jamaica Public Service, common 0 7- $1% ... 12-11 — Cement 710- $iy2 & Farmers Bank (Albany) 7- Refining conv. Little 6-15 4 1 7- $iy2 — '•••> 6-19 .*4, 7- • 25c ...— $50c • Lipton (Thomas J.) Co. 6% pfd. (quar.)___ Liquid Carbonic Corp., common (quar.).... 4>/2% preferred A (quar.)— i 2 ■ • - $l3/4 common..: ... <> 6-29 - ■ 475c $6.50 first preferred (quar.).. $7 first preferred (quar.).__,_ii : Iron Fireman Mfg. Co. vte. common (quar.) V Quarterly •_■ Irving Air Chute Co. (quar.)____._ "-Irving. Trust Co.- (quar.) i "Island Creek 7- 6-30 10c (quar.). 2 5c $1 7- 2 8-1 7- 1 25c "C" Service, , 7 .4 45c ... 9- 4, $1% (quar.).... .1. Foundat., Ltd., 6%--conv, pfd. (quar.) 9-11 1 $iy2i '___ (quar.) preferred Mesta 6-30 $50c (accum.).. Lipe-Rollway, class A (quar.)___. 6- 1 * (Chicago) preferred ' (quar.) (quar.) 5V\ % , - 8-1 $1V4 __ 7-15 4 V2 % " 6-30 75c , 1 9-1 12- $iy2 Merchants & Miners Transportation Co._ Merck & Co., Inc. common 6-15 .... Oil Bank 10c Co. Co., National Merchants 6-30 ... preferred Lion 7- 3 6-30. 50c — 2 7-15 7-15 6c 30c .: 7-15 7- , 12- $iy2 50c 5 $17 Vic ' J 9-1 (St. Louis) i— : 62yac Electric Co. Belt Tr. & 9- 5 25C ___: Merchants Bank of New York 5 12- ___________ Extra 6-22* 4 9- 12-15 — Link 6-30 -- 7% pfd. (quar.).. Department Stores, com. (irreg).. $6 first preferred $6 7-15^ 8%c - Investment Co. of America 4 1 Sl.Vi • Co., Iowa 8- 5 (quar.)— Co. Stores 5 12- Mercantile 5 9-15 $1% ____ 4-■■ $1% v- Co..__..____i__^_i Silver Interstate * 7-15 (accumulated).t$l3/*-:-^ 7- 2 Salt International Investors 1 50c 5% pfd.-(quar.)" Ltd.— / Co., International 7% 8- $iy4 par)- (quar.) Telegraph (quar,)..— Ocean International Invest. 6-20 4 (quar.)—.. International v 7-15 ■ Canadaf Ltd.— 7% 7 6-20 $1 11- $1% (quar.)— .....— Levy Brothers Co., Ltd. (irregular), Lexington Telephone 5.2% preferred (quar.) Lexington Union Station, 4% pfd. (s-a)... Liggett & Myers Tobacco 7% pfd. (quar.). Lincoln Natl. Life Ins. Co. (Ft. Wayne)— 6-20 11-16 ...— (reduced common Water 9- 30c , $iy2 6-19 17 Vac Electric & Co., 4V2% 6-20, payable in U. S. funds——.*., 7% • 6-22*" 7- 2 (pay- 6-30 37y2c : 50c Corp. 30c 6-15 . (quar.) class B—^— pref. Lerner 7- __ International Milling, 2 . C.) Portland Lenox 7-1 $$lVi \7 Chemical— 7- ; Mining preferred Leland 50c (accum.)j.—,—__ & $$1 —,— com. 5 (quar.)—_— (quar.) Quarterly 6-20 — Finance, 12- preferred Quarterly 6-15 1 ,, Extra Industries, Ltd.— Minerals 2 (quar.)__ 4% preferred (quar.)—______ Lehman Corporation (quar.)...,— $$2 preference A international 4% .7-5 1 & Lehigh 7- 5 , 77- (quar.)— (A. Leece-Neville 6-13 7-10 A Gold Gas $2.50 6-30 7-15 class Cap Leath 6-20 1 $1 Leather Co. Lawyers Trust Co. (N. Y.) (quar.) 5-29 7-15 $$lVi 6-17 62y2c ... (quar.)__— Industrial Salle Lawrence 37yac . 1 (s-a)__ Ltd.— Lawrence 12'/ac — preference (accum.)—__— International 4% (quar.) - (irreg.) (quar.)——__ common Harvester International Metal Co. : —: ^ 6% Prod. Cellucotton .i Intercolonial 7- of Rec ' preferred 6-20 (quar.)__ convertible preference 70c 6-8 7-15 7- 1 25c (quar.) (quar.) preferred Lava 6-20 7- 2 —____________ 7- , 25c preferred Mercantile-Commerce Bk. - Latrobe Electric Steel Co 6-20 ....—-— (Ont.) convertible preference La 6-15 7-1 Co. $2.50 pfd. (accum.) La Salle Extension University— 7% preferred (quar.)_____— 6-12 „ Co. 7% 6-12 7- 1. 6-30 Invest. 7% 6-12 1 & Sessions preferred 6% (Md.) — (s-a)__-_-_ 6-20 37y2c — Loan & Langley's, 9-15 t$4 Interlake Steamship Co. 25c7 International Bronze Powders, com. (quar.) 37Vac 6% participating preferred (quar.37yac International Business Machines (quar.)___ $1Vi 8% 12-24 7- 1 (quar, preferred (quar.) Lang (John A.) & Sons, Ltd. Langendorf United Bakeries, $2 class A (quar.) 6-17 7- 2Vi% :— 1-1-43 23c 7% Ltd.— shares, class A group Insuranshares ? 7% 6-23 -7-1 10- 1 15c — —_ 9-22 , Payable ' , 6% 6-22 1 $iy2 common Co. Common 6-12 Rayon 1 10- Holders When share Acceptance Corp. of California— (quar.)__^—._— preferred (quar.) 5% 5% Landis Machine Co.— 6-20 Industrial 7- $l»/2 Banking .& Loan-(quar.) Landers, Frary & Clark 6-19 7-1 preferred Lambton 6-17 . 7-1 $1 $1 — 50c (s-a)$3 $iy2 : Landed 6-12 7-1 Telephone, of Company 6% 6-12 (quar.) Lamson 12-31 7- 1 preferred Crosse Name - Mercantile 1 (quar.) Lambert 9-30 Service, 6% pfd. (quar.)__ $iy2 -7-1 Indiana & Michigan Elec., 6% pfd. (quar.) $l>/2 7- 1 7% preferred (quar.)__. ....—— $l3/4 7- 1 Indianapolis Water Co,—' 4 .•>' 4 " 5% preferred A (quar.)__ _______—$lVi 7-1 Industrial Bank & Trust Co. (St. Louis)— -4. —— Per of Rec. 7- $1 (quar.) 6fo 6-30 Indiana General Quarterly Quarterly Holders $iy2 preferred 6% 6-15 7- 2 10- 1 1-2-43 6-30' 7- 1 $lVi Payable Jersey— (quar.) preferred La 4-21 30c guaranteed New 6% 6-19 7- 7 50c $1.31 Vi 30c-: of 6% 6-11 7- 1 _ 4% RR. Laclede-Christy Clay Products Co.— 6-30 $$33/4 $$3% $$33A 410c Quarterly —— Imperial Tobacco Co. of Canada, Ltd. (quar.) Independent Pneumatic Tool Indianapolis Power & Lt., 5Vi% pfd. (quar.) Indian Motocycle Co., common.^^.-..6% non-cum. preferred (s-a) Indiana Gas & Chemical Corp., $3 pfd. (s-a) 6-15 7-21 7- 1 $1 Vi. a5% l .—___. 6- 6 $2 o Quarterly 7-3 45c 35c' $1% convertible 4V'a% 6-30 $1% $1% 31 Vic 6-20 9-21 ,12-21 6-20 7-15 $1% — Hygrade Sylvania 1 7- 2 8- 1 6-3Q 6-30 9-30 12-30 7- 1 Lackawanna When share Name of Company Payable .of Rec. $$1 15c 6834c Erie Monday, June 29, 1942 * 8-.1 7-22 3« 10-30 10-20 6-30 6-20 7- 6-18 37Vic 50c ' x * m- <■* of Company When share * ' Payable B National Investors. Corp. Lead Co., preferred Oil National 6% Paramount Pictures, Inc., 6-15 Parker 6-30 Patchogue Plymouth Mills Corp. Payne Furnace & Supply, common 60c convertible preferred A (quar.) 7- 1 8- $1V2 25c r 1 25c 7-17 , 1 7-15 7- 6-30 , 6-22 7-31 , , . (s-a) —** Light Co. $6 pfd. (quar.) $134 $l'/2 8- 1 10c 7- 1 7- 1 6-22 7- 1 $l'/2 50C . ■ (quar.) class A (quar.) $1.40 Penney - 6-15 . National '6% Supply Trust National Co., Federal Penn Traffic 6-30 ' 1V2C (Md.) .7- 2 , 6-20 7- U2 6-15 , 7- Nehi — Corp., 4y3% pfd. (reduced s-a) 6-15 1 7- Co. 6-13 . 1 6-15 7-16 r 7- 1 50c 6-30 _——- " 50c 7- , 6-15 ' ; 1 8- $134' ' 1 , 6-22 ' 6-30 $134;;, , 7-15 , 1 6-15 ' 1 6-20 t33y3c 7- 1* New preferred —.———— England Tel. & Tel. (reduced)'——— Hampshire Fire Insurance Co. (quar.)^ New Haven (reduced s-a)—'———,—" $134 New 153 (quar.) __ $iy2 Jersey Power & Light, $6 pfd. (quar.)Jersey Water, 7% preferred (quar.)— '•> $134 .$134 London Northern RR. Co. (quar,)— J : , $7 preferred York York New Harlem & preferred 10% York New Brake Air 7- 1 6-23 1 ,7-15 7- 1 6-15 V 7- 1 6-15 7- 1 7- 1 6-15 $134 7- 1: 6-15 87»/2c 7- 1 75c' (quar.) ——_ (quar.) 6% pfd. (quar.) Niagara Fire Insurance Co. (N. Y.) (quar.) Niagara Wire Weaving, Ltd,® (quar,):—~ Nicholson File Co. (quar.)—— — Nineteen Hundred Corp., class A (quar.) preferred York Trust Co. Extra Philadelphia Co., $5 6-20* $6 7-10 6-30 Common $1- 6-29 6-24 tSOc 6-30 6-18 11-16 11- 50C 11-16 6-30 each 50 shares of North Amer. 6-19 7- 1 "6-5 71%C 7- 1 ,6-10 7- 1 6-10 • 7% (reduced quar.) A preferred 634% Prior 7- 1 7- 1 6-20 20c 7- 1 6-20 (quar.)—————— 6% preferred— preferred 5 34 % preferred Class B : ——— 6% 50c 7- 1 750 1 (quar.)——_— — (interim)—— Ltd, 7% pfd. (accum.) Power Co,, Ltd., common Star 7- 1 7- 2 Pittsfield 7-25 6-30 Plainfield 7- 1 6-20 7- 1 ""6-20 7- 1 6-20 7- 1 6-20 . (quar.)—.——— ;———— — $6 • $7 8% Ohio 8% , 7% Ohio Ohio 6% 7% Ohio 7- 1 6-15 7- 1 V 6-15 7-1 ,6-15 $1.65 $134, 1 Old 6-10 40C 7- 1 7- 1 6-10 Pratt 7- 1 6-10 Premier Omnibus Ontario Corp., Loan Otter Tail Procter 50c 7- 1 6-20 Prosperity 58y3c 7- 1 6-20 $iy4 7- 1 6-15 $1 6-30 6-15 7-23 35c 6-30 6-30 (quar.) Co. 6-15 6-15 '7-1 7- $2 77- 2 » 7% '50c .7- 1 6-15 Public Service Co. 6-30 6-19 Public National Bank & Trust (N. Y.) 7% 7% >,t r J Publication Prudential Investing 1 7-15 7-15 7-15 6-30 Pure Oil Co., 6-19 preferred (quar.)_^_: Putnam (George) Fund (Boston) 8- 8- j r *» y ^ < \ J- 7- 7- 87y2c 1 1 6-15 $134 7-15 6-30 10c 6-29 6-18 50C 1 6-15 $1% 6-30 6-18 $iya 7-15 7- 75c 6-30 ' 10c 8- 1 7-10* $1 7- 1 ( \ i 1 :■ t- 7- 7-15 25c Class 6 80c ^ (quar.) $3ya ' 6-30 6-20 $3 Va 6-30 6-20 7- y v c » j 6-15 1 7-15 . f !. t i. ; ...7- 1 1 » v T 5% ■ i i-) Corp. Clinton ; Industries, Ltd., 6-10 6-22 7-15 'I > ,; ii .... ..I*,-- . s«u Safeway Steel 6-20 Safeway Stores, 5% 6-15 Inc., (quar.) common r (quar.) St. 6-15 6-15 6-15 6-20 6-15 6-15 7-31 6-18 15c 75c Croix Paper Co., 6% — $1V4 $3 Joseph Ry. Light Heat & Power— - — preferred (s-a) 6-15 9-15 St. 6-15 - Louis 5-30 6-26 $0.70 6-10 - V " 6-30 Electric debenture /7ya% ' 6-27 ■* -.6-30 Power & A debenture 9-15 12-15 preferred 6-19 6-15 Seiberling Rubber Co.— , 6-10 Selected Industries $5.50 (quar.) Shaffer Stores, Shamrock Oil & 1 Machine 5% preferred quar.)_,__ Sharon Shawinigan Water & Power (quar.),__,_ Shawmut Association (Boston) (quar.)™—*- 7- 1 7- 1 7- 1 6-20 6-20 $5 Corp., conv. 50c 7-15 $134 479-15; 50c 7-15 50c 8-15 50c 9-15 $134 9-15 $2 9-15 •X! 8-14 ./;6-15 ; " (Canada) 6-19 7- 1 6-10 7- 1 7-15 7- 1 7-1 5-29 6-20 6-20 6-19 6-15 Solar 50c 6-20 . Aircraft Corp., common — 6-12 6-12 6-12 7-15 6-30 6-16 6-16 6-15 6- 9 6-20 6-30 6-22 6-22 $134 $134 A preferred A preferred A, series (s-a)—— —X—— t$l B 1 $6 prior preferred 7% preferred $134 +$7 6-30 7- 1 6-22 6-22 (quar.)— $134 7- 1 6-15 (quar.) $134 7-15 7- 1 7- 1 6-15 7-1 9- 1 9- 1 9- 1. 9- 1 6-15 8-15 8-15 8-15 8-15 (quar.) 7- 1 7- 1 7-20 6-15 South Carolina Power Co., $6 pfd. 6-15 South 6-30 South Porto Rico Sugar Co., 8% 7-20 6-30 7-20 6-30 6-30 6-20 *' i t Water, 434% Pittsburgh (interim) Common net (a pfd. pfd. (quar.) distribution from $2 profits of Russell & Co., a partner¬ ship) . 6% 6-18 6% 6% 1 T »i» 50c.. , 3734c Greyhound Lines, com. (quar.) preferred (quar.)— non-cum. preferred (quar.)———-— 2nd preferred (quar.)_ Southeastern 6-19 6- . South Carolina Electric & Gas Co.— 8- 6-30 7- 1 7- 9 7- 1 7- 1 7- 1 7- 1 6-30 7- 1 7-15 7- 1 7- 1 t$134 — 8-31 6-20 7-15 6-15 6-22* 6-23 4 : 1$134 50c $134 25c 10c 10c 25c Co., common convertible 4%-6% 6-10 7- 1 7- 1 7- 1 734c t$l% $134 " - - Rayon preferred Sorg Paper, 6% 6-20 6-30 25c —— ————4 — 6-10 6-30 6-22 6-20 7-18 6-10 $ 134 (quar.)— pfd. (quar.)——— 5% prior preferred (quar.)_ ——— Smith (Howard) Paper Mills, Ltd.—. ' 6% pfd. (quar.)— Smith (L. C.) & Corona Typewriter, com— $6 preferred (quar.) " :—4 Snap-On Tools Corp. (quar.) *— Snyder Tool & Engineering (quar.) —„ 5% 6-20 8- 1 7- 2 6-30 7- 1 6 " ;?7-y2 •' 8- 1 6-30 t$l34 $134 ' 35c — 634% Extra 6-16 6-16 1 7- 50c Paper Corp. Skenandoa 7-15 . 7- 1 7- 1 115c (interim), preferred (accum.)— Singer Manufacturing Co. (quar.) — 8-14 6-20 6-20 6-19 * Co. Simpson's, Ltd., 6-30 6-30 7- 1 7-1 7- 1 7- 1 — Canada— — 4. 'Simmons 8-14 5-29 of (quar.) Shippers Car Line Corp., 5% Shuron Optical Co, Simplex 8-14 Co. preferred 7-15 • -X-- ——— Common 6-20 6-15 pfd.Tiquar.) (quar.) Extra Sherwin-Williams 6-16 6-24. 25c 7- 1 6-20 55c 7- 1 6-20 $134 7- 1 6-30 $3 4 7- 1 6-15 30c 7- 1 6-15 5c 6-30 6-15 $134' • 7- 1 • - 6-13 123c 8-25 7-24 15c ; 7- 1 6-24 14c 7-15 6-30 "11c 7-15 6-30 (quar.) (s-a) (quar.),,,: (s-a)— preferred Gas, 6% com. 6-10 6-23 Steel * 6-30 10c —- preferred Shareholders Corp. (reduced 6-15 —: Co. convertible 6% 1 6-20. 6-20 6-19 6-10, 6-10 7- 1 7- 1 $1% $l3/a (quar.) Falls 6-10 , Corp.— preferred certificates prior "Allotment 6-15 ' 4 Selected 6-20 6-13. 6-25 7-20* 7-20* 6-15. 6-12 ' 4 4 . 6-19 L " 6-30 6-30 X $2.50 convertible prior pref. (quar,),.—6234c 5% class A preferred (quar.) ——$134 American Shares, Inc. 15c 6-20 7- 1 7-«l 6-30 6-30 6-29 7- 1 7- 1 , , -6-15. / 6-19 6-19 6-19 6-30 ■ 6-15 '••4"'' 6-20 - 25c - (quar.)—. (quar.),',,————- A 6-22 6-15 6-15 7- 1 7- 1 7- 1 7- 1 7- 1 7- 1 8- 1 8-1 7-1 7- 1 20c 6234c Seattle Brewing & Malting Co. >'4'/ 2c Securities Acceptance Corp., com. (quar.)— 4 20c 6% preferred (quar.) —_.—_—. 3734c Security Holding Corp.— / " 4". : ' 6% non-cumulative preferred (irregular), • 75c Sefton Fibre Can Co., 5% prior pfd. (quar.) $134 15% 6-16* 7- 6-15 ; 6-15 6-15 C-22 6-30 (quar.) Seaboard Commercial Corp., com. •':■ 7-.6 r 6-22 1 1 1 1 * (quar. B 6-15 ? : 1734c Scranton Lace Co.._: 6-25 , 7777- \ Co.— 9-30 " $134 $3 $134 $2 $l7/8 7% debenture C (quar.): ———— $134 >634% debenture D (quar.) ————: $1%> Savannah Sugar Refining "(quar.)—50c Schenley Distillers Corp., 534% pfd. (quar.) $1% Scott Paper Co., $4.50 preferred (.quar.),— $134 $4-preferred (quar.) $1 Scoville Manufacturing Co. —; — ' 50c Scranton Electric Co., $6 pfd. (quar.)_ $134 "8% 6-10 6-10 Inc.—'.;; (quar.)___ preferred Savannah 6-10 v* 6-18 , Yards ,-vSan-Nap-Pak Mfg. Co., ' • 7- 1 7- 1 (quar.)—$1 St. Regis Paper, 7% preferred— t$l3/4 7-1 San Francisco Remedial Loan Assn. (quar.) 6234c 6-30 :Sangamo Electric Co. (irregular) 25c "'7-1 9-15 7- 1 7- 7 7- 1 7-21 6-30 Stock National 6-20 7-10 X y 5% preferred (quar.)— St. Louis Bridge, 6% first pref. (s-a)—— '3%; second preferred (s-a)———-—• 6-22 "•* \ 6-20 (irregular), Products preferred St. ' 6-18 /.4 . -t 1 7- 1 6-30 6-30 7- 1 6-30 7-1 8- 5 7- 1 120c (quar.) preferred 4 7-15 6-30 25c $134 50c 50c $134 —7— 7- 25c (quar.)_ A common 6-16 20c common 7-10 8-20 6-10 6-11 $2 class Inc., 10c (quar.) Car, -,.7-20 9- 1 7- 1 7- 1 RR (Helena), 6-25* $134 preferred ! — ? 7- 1 ' 7-15 6-30 7-15 8734c (quar.) Rayonier, Inc., $2 preferred (quar.) Reading Co., 2nd preferred (quar.)— Reading Gas Co. (Pa.) (s-a) <r (quar.)™-— 10c Steel 25c 3734c 25c 15c 15c — (quar.)— Seven-Up Bottling Co. (St. L.) 534% convertible preferred 15c 25c $2 $134 B preferred Ralston $i I preferred 5% preferred 7- 1 7-1 7-20 6-26 $2 25c ■ (quar.)—1$l3/4 Sabin Robbins Paper Co., 7% pfd. (quar.)_ $13A Sabin Royalty Corp. (quar.) 10c Safety Car Heating & Lighting Co., Inc $1 7% $134 (quar.) Pyle-National Co., common 8% preferred (quar.) Quaker Oats Co., 6% preferred (quar.) Radio Corp. of America— $3.50 convertible first preferred (quar.)— $5 preferred B (quar.) Railroad Employers Corp., class A— 6-22 t$iy4 • i prior preferred Corp 6% — " Z $5 original Corp. Cable & Rubenstein 6-20 preferred Pendleton Rome 3734c $134 3c (quar.) (quar.) 6-15 6-20 6-20 $134 $134 " 4' convertible Rome " Puget Sound Power & Light Co.— 1 1 1 50c 1 e-1 > i (s-a) Extra $1.50 Roeser & $134 pfd. 6-20 78- $iy4 Corporation (quar.) Manufacturing Co.— preferred A (s-a)__.—————" preferred B (s-a) — r 5% 6-20 — common 6-20 $134 $l3/4 $134 —— 7-15 30c 20C 16y.C Page-Hershey Tubes, Ltd. (quar.Vs— Paraffine Cos. 4% preferred (quar.) tv: of Okla., (interim) Seneca . — 4:44;4 t$134 preferred (quar.). preferred (quar.)— 1 (quar.)„—— 6-20 ;. 7- 7- 2 7- 1 7- 1 (Amer. Button, Gas— $5 Pacolet r : 6-15 — (quar.) & * 6-15 — Advertising: Corp. Electric V-,-' Ltd. Rochester 7% (monthly) (monthly) (quar.) (quar.) : 1 of California common Cay—— Service Mines, Copper RR. 5834c 50c 41%c -4—4 7-1 — Greyhound Lines— ! ( 4 $3.50 conv. preferred (quar.) Pacific Indemnity (quar.) : — Pacific Lighting Corp., $5 pfd. (quar.)—— Pacific Public Service Co. (quar.) Pacific Southern Investors, Inc., $3 pfd. (quar.) Pacific Tel. & Tel., common (quar.) 6% preferred (quar.) —— • 8% Antelope & Genesse Valley 6- 1 , • shares) 6-20 • 6-15 7- 1 6-20 6-20 t$3 Rochester 6-19 ••. 7- 6-30 7-15 7- 1 7- 1 '" 150c " 6-10 - 7-15 - — Sheep Creek Gold Mines 7- 25c Roan • of Colorado— 15c $iy8 Pacific Packer 7% 6-10 Public A (quar.), — C (quar.) ——— preferred (quar.) ——: Pacific Gas & Electric (quar.)— Packer 6% 6-15 2 $50C — 6-22 25c (reduced) preferred preferred preferred preferred preferred (quar.) 'Rochester Telephone Corp., common (quar.) .434% preferred A (initial quar.)——.™ •X'F/Cv : preferred (quar.) preferred (monthly) 6% 6-15 1 uva 5% Motor $5 (Bait.)— (quar.)_ 6-30 . . ——— preferred 6-23 6-11 6-15 7- 1 ' 4c —— —— common , 7-15 7-15 6- 9 6-9 6- 9 6-19* 6-15 6-15 30c 75c 25c $134 „—— (quar.)— (irregular) 6-15 $234 Corp. Co. 7- 1 7-15 7-15 10c —— Finance (quar.) Co. $2 t7c $134 (monthly) preferred (monthly).—. preferred (monthly) Service Corp. of New Jersey— 5% •' ':7- 1 * preferred Public 6% — Preferred A Public Service 6% 6-20 1 7-15 35c Preferred Packard Class 7% 6-30 25cV' series Finance Corp. Co. Products . • . 6-10 6-30 7-15 50c $2c $5c t$l3/a —_ Worcester RR Personal Common (quar.) (increased) — — Gas & 6-15 (Minn.)— (quar.)— Providence Co., Prudential 6-15 7- $5 (■ 20c $1% ; & Gamble, Providence $1% : t Silk Mills,. Ltd.—• participating class A preferred $2 ■ Proprietary Mines, Ltd. ■ preferred (quar.)„ (quar.)__. 8% preferred (quar.) (interim) 5% preferred (quar.) 6-16 6-20 ' 6 j • preferred 534% 1 7- 50c. ■■ . Ltd.— 1 ■ ' 1 Co., 7- ! Pacific Price Brothers & 6-22 7- •— Railway Co. Power Can 6-22 $2'/a (quar.)—— Paauhau Sugar Plantation—-———™—--*; Pacific & Atlantic Telegraph (s-a) Pacific 6-22 1 4134c & Debenture Co. dividend $4.50 1 - l5c 15c 4 Riverside ; > v , ' 6-15 7- 1 ". (quar.) convertible 6% ■ » 6-26 7-15 10-15 7- 1 7- 1 Inc. 77- - A Company, 5% 6-20. . 6-30 v - Riverside & Dan River Cotton Mills— 6-20* 6-30 Mining 20c „— 8% Lambert, Gold 75c (quar.) preferred Electric Ottawa & > i, ————————— Metal Ritter - 6-11 $2.60 ; 7- $134 Extra 6-30 • tax income corporate preferred Rieke 4 6-17 15c (quar.)_— Co., Ltd Preston East Dome Mines, Ltd. , ■ , ——-—«—- $2 prior (irregular). ———^ 25c ; 8' 6-22 $1% ,9-15 -7% preferred (quar,)_—.— ■ , $1% 12-15 Pollock's, Inc., 6% : preferred (quar.)— 3734c>. 6-30 Pond Creek Pocahontas Co. i .x 50c 7- 1 Porto Rico Power, Ltd., 7 % pfd. (quar.)— " : $13,4 7- 2 Potash Co. of America (irregular) Xr X 50c « 7- 1 Power Corp. of Canada, com. (interim) 1:15c • . / 6-30 i 6% 1st preferred (quar.) < t$l34 7-15 *•. 6% non-cum. partic. pfd. (quar.)— 1:75c 7-15 $iya Colony Insurance Co. Va.) (quar.) Inc.—i._ Atwood Mfg. $iy4 First series trust shares (quar.)——• Old' Dominion Fire Insurance Co. (Roanoke, '• : 6-15 Holding Corp.— conv, , 6-15 1 7- (quar.)— (Boston) (quar.). Colony Trust Associates (Boston)— $5.50 7- 6-24 r $1.80 (quar.)— —. preferred (quar.)——™,— Leather Co, common (quar.), — ■ 1st preferred (quar.) ,— 2nd preferred (quar.) — & Mississippi Telegraph Co. (annual) Public Service Co., 5% pfd. (monthly) preferred (monthly)——— —' preferred (monthly)—— preferred $3 i 6-17 Oilstocks, Ltd. (s-a)———— Oklahoma Natural Gas, common— Old I. 6-19 . ' 4. Plymouth Oil Co. (reduced quar.) Plymouth Rubber, 7% preferred (quar.)_4—. Pollack Paper & Box Co., 7% pfd. (quar.)_ 6-15 1 6-30 non-cumulative preferred (quar.)— Water Service, class A (irregular)— Ohio 6-15 2 7- 7- 2 prior preferred Service V $5 Plough, 7- 6-30 6- $2V4v ■?; 7- 1- v- 6-30 $134 4;^ 7-1 4'- 6-22 v 6-15 $234/ * 7- 1 „- (quar.)— Co.,-common Plume, & $iy» $6.60 5% 6-15 $iy2 preferred (quar.) —————— preferred (quar.)— preferred (quar.) —————— $7.20 preferred (quar.) — Ohio Finance Co. common (quar.)—— — . • Common 6-19 7-1 * 6-15 7-10 ; $l3/4 $1% 75c •' 10c * 15c r-" Association Loan & (semi-annual),. Y.)— (N. (s-a). A $4 divi- - 6-15 7- 2 10- 1 t$l X ■ J ; : , (quar.)^^^.—— (quar.)—•—\ Water Union Tool Plomb 1 +25c Ogilvie Flour Mills (quar.),,—, Ohio Edison Co. $5 preferred (quar.)—:— Co.— (s-a)— Adams.RR. 7- 1 6-23 7-21 6-20 6-10 6-10 — 6-15 : ——— North & Co. 6 25 '• 6-23 — X ,■ 6 6-17 ; - 1 7s/2C .. . (quar.) (.(Bait.),, reduced ■ 7- 50c ; • 6-15 10- 1 t8c 75c (s-a) — Ft. Wayne & Chicago Ry, Permanent Bldg. Plaza 7- ■, Corp. (re- (British Columbia) Mines Trust 7-1 7- 1 7- 1 8- 1 7- 1 7- 1 7- 1 15c -8-1 6% preferred B (quar.) 15c P 8- 1 Republic Steel Corp., common (reduced) " 25c 7- 2 6% convertible preferred (quar.) ' $134' 7-1 6% prior preference A (quar.) $134 7- 1 Reynolds Metals Co., 5 34% conv. pfd. (quar.) $1% 7- 1 Rice-Stix Dry Goods, 1st 7% pfd. (quar,)— $1% 7- 1 7%. second preferred (quar.)___ $1% 7- 1 Richmond Bros, Co. (reduced) 4 50c 7- 1 Richmond Water Works, 6% pfd. (quar.)— $134 7- 1 Rich's, Inc., 634% preferred (quar.)—$1% 6-30 Rickel (H. W.) & Co. (s-a) - 8c 7-15 6-15 6-30 , 65c ——.——.— Nut & Chocolate Co. Planters $1% Corp. 6-24 6-30 preferred (quar.)__ 75c Northland Greyhound Lines, Inc. (irregular) $134 Northwestern Electric, 7% - pfd. (quar.) $134 6%. original preferred • (quar.)— J $134 Northwestern Telegraph (s-a> ——— Norwalk Tire & Rubber, 7% preferred—— t$1.31'4 '".$2 Norwich & Worcester RR., 8% preferred-,.—• t$l 34 Nova Scotia Light & Power Co., Ltd. (quar.) Novadel-Agene 4—^———:,10c — preferred Pittsburgh Plate Glass Co.^_„—.—— Pittsburgh Screw & Bolt_— —4 — , Pittsburgh: Thrift /Corp., (quar.)^—.4 tnV* preferred (quar.)————————— Greyhound Lines— V ! 6% ' 7% '6-15" 1 $6.50 (s-a) • > Brewing, $3.50 preferred /Common 7-25 Northland Nu-Enainel 50c 4 Pittsburgh, 112c - ; ; 75c $1.06y4 74c $1.31V4 ' i8%c Co., Ontario Northern 6% Oil ! Pittsburgh . 6-23 1234c • Central Texas Oil North Gold duced) 6-23 7- 50c v ' » (quar.)—— — Bank & Republic Investors Fund— 6-15 6-30 -7-1 7- 9 6-30 7- 1 7- 1 7- 1 7- 1 7- 1 7- 1 7- 1 7-25 $iy2 1 Pitts. Bessemer & Lake Erie RR.', com. r 1 .4 : preferred Pioneer , 6-30 4 6-23 7- preferred prior North 6-30 7-20 t55c » - • « 7-20 t60c ™ class A————- Rayon American North 1———4— — 6-20 15C 8734c —.—— (quar.)——-—— North American investment; " Extra .< North American Finance Corp.— Class federal 6-13 . 8-31 8-15 11-16 dend, less $1.2919 per share to provide for Russell , (interim)-,, ;— (quar.)_ preferred Co. common™ common - 6-13 7- 1 7- 1 6-30 . Inc., Rensselaer & Saratoga RR. 6- 6-20 9-15 9- 1 12- 1 90c 12 34c 3734c 25c $1% 20c $134" ; (quar.) • » 50c » (quar.):... (quar.)»_ (Illinois), Co. Rand, Rensselaer 6-19 7- 1 7-1 7-15 8- 1 8-1 7- 1 7- 1 $3 convertible preferred A .— $4.50 6-30 125c 140c 140c $234 Mfg. preferred ,6-10 7- 1 10c - — 6-22 6-22 6-17 (quar.)-^— (quar.)— common 6-12 7- 1 ; $iy4 $iy2 (quar.) — Phoenix Securities Corp.— 75c preferred (quar.)——— preferred (quar.)——— # $1 434 % preferred (initial) —— Packing Co., 5y4% pfd. (quar.)_„„ Phoenix Insurance Co. (Hartford) (quar.)— Co. com. 534% (quar.)— (quar.) 7- 1 7- 1 7- 1 preferred * 9-30 7-15 — Phillips Payment is subject to the ap¬ proval of the S. E. C—————— 6% preference preference 6-20 5c 83/4g 8734c - (Dayton, Ohio)— 7-15 9-25 —— Philip Morris & Co., common (quar.)— 4y4% preferred (quar.)_w— held. • 6-19 * 75c Pilgrim Trust Co. (Boston) (quar.)——$2 r Pilot Full Fashion Mills, common———— : X 10c 11-2 50c (quarterly)——_—_—— Industries, Inc.. (stock dividend) — share of Detroit Edison com. for 7% Remington , 6-24 — prior preferred (quar.)———: Philadelphia Electric Power, 8% pfd. (quar.) 2 50C A (quar.) 7- 1 Ltd., common preferred (quar.) convertible preferred Reliance 6-12 6-24 $2 $6 6-20 1 7- 30c Noblitt-Sparks r 5 2-5-43 Philadelphia Dairy Products Co., Inc.— North American Co. com. One 11- pref. non-cumulative 5% 6-30 (quar.)_ 4.-* — $134 — Telephone Co., Co.' 10c 30c Mills, Reliable Stores Corp., 5 6-30 25c j ——_r 6-30 $134 ... - 6-12 l ■t:; 7- $134 : „ IVhe Perkins Machine & Gear, common (quar.)— $1 Permutit Company ___————25c Perry-Fay Co. / 50c Pet Milk Co. common (quar.)———— : ' 25c $4.25 preferred (initial quar,)—.,,,— $1.06V4 Peter Paul, Inc. (quar.)—: 50c Pfaudler Company ^quar.)—50c Stove 6-17 (quar.)_ Co— non-cumulative $1.60 25c Water Works, 7% pfd. (quar,$l3/4 Circle Co.—v. 50c Perfection ♦ Ry.—- pfd. (quar.) 7% Peoria Perfect 7- 2 Quarterly 6-15 8- Bit Knitting Reliable Fire Insurance 6-20 25c - —— Telephone Corp. Peoples , 6-23 8- (s-a? Telegraph York Power <fe Light, Class 1 50c (s-a)—-— & Western Lackawanna York $6 7n $2'/2 $134 -- RR., com. New New 6-15 $2y2 Co.. New Newark 6-11 1 ■ 3 7% Corp., Rike-Kumler - - Quarterly 6-11 i 7'"■ 1 7-: (quar.)..^. 1 Extra ' (s-a) Mutual 7- 35c Service, common (quar.); (quar.)—_——_———- 3 7- (Seattle, Wash.)— Quarterly 6-15 6-30 * Inc. New Orleans Public New 7- com.,, • 6-16 V 6-22 7- New 7- 7r 1 7- 1 7-1 7- 1 7- 1 -6-29 7- 1 7- 1 7- 1 7- 1 7-15 7- 1 7-15 Peoples National Bank 1 Sand, t$l (irregular) common $J;60 6-19 , $1% 8- 7- Water Glass of Rec4 (s-a)__ Machine Co. (quar.) Roller ".Regent 3 6-30 » 5%. preferred (quar.)__ Pennsylvania Power fc Light, $5 pfd, (quar.) i$6 preferred (quar.) , 13c- New .. 6-10 , 6% Reed 6-22 . Co., A- Reed-Prentice 6-15 10c 15c - 6-20 V 7-16 t$l New (quar.) Corp. $iya' ; ;6-30 40c 7- 1 6-15 1\ "" 4„_—i—— Idea, 6-17 7- Drug Class 6-10 > 25c $l'/4 $iy4 $iya $7 preferred ;(quar.)_L—,I—. $1% Pennsylvania .Railroad Co < $1 Pennsylvania Sugar Co., 5% pfd. (quar.)__ 12'/2c Pennsylvania Telephone. $2.50 pid. tquar.;_ 62l/2c Pennsylvania Water & Power, com. (quar.)-. $1 $5 /preferred (quar.)-^-^-— $iy4 People's Credit Securities, Ltd. (initial)-™ 25c Peoples Drug Stores (reduced)—25c Peoples Gas Light & Coke__ $1 1 8- - New 6-15 7- 1, 6-30 $iy4- - Holderi Payable Quarterly — I Pennsylvania 7- $H'2 preferred (quar.)— Newport News- Shipbuilding & Dry Dock Co.— $5 convertible preferred (quar.)——. New England Fire Insurance (quar:)— i— New England .Power Association, 6# pfd.— $2 Forge Extra ,,, Machine Britain Extra Pennsylvania „ 6-20 60C (quar.) Newport Electric, (quar.) Pennsylvania Edison, $2.80 pfd. (quar.)_ »$5 preferred (quar.)___.^.__„„„„-_„- ■ 1234 c — Newberry (J.<J.) Realty, 6% pfd. B~(quar.) 634% A preferred (quar,)—————— New ' , «•-, When share Company of Canada Co. Button Hole Reece Reed 7- 1 7-1 $iya (s-a)______ Co; Annuities Granting 6-12 1 40c 70c 75c , 6-20 __ Common Common 1 7- Company Navarro Oil Co. i;, 10c 35c — Company. < X *% 6-17 7-15 7-15 6-30 7- 1 8-15 11-15 2-15-43 6-30 7- 1 7-25 35c :—_ Estate Loan Real Pennsylvania Co. for Insurances on Lives & 6-19 25c (quar.)——.L" 15c —A—— $1.3134 Corp., $5.25 first preferred "(quar.),— Natomas ■ ,6-19 (quar.)—A-——— voting shares Co.,-Ltd. Securities Nation-Wide 6-30 , — .r (quar.)__ C.) (J. Penn 6-30 t$l3/a t$iy2, prior preferred 5'%% preferred prior 7-15 preferred B $1.40 class A $1.40 class A . t50c 6-30 6-30 7-15 t (quar.)__—_ Casualty Co., 6% pref. (s-a)_—— Peninsular Telephone, common (quar.) 6-25 preferred convertible 60c 25c $1 10c 15c 15c $3 50c 35c — ' ^ Per Name of 6-20 7- 1 7- I Peerless 7-15 (irreg.)—<— . 25c $134 (quar.)__„>_ Appliance Co. v *»■<&)» "fiY'+mit v ♦ 2419- of Rec. 7- 6 7- 1 7- 1 (quar.: 6-12 , (quar.) — National-Standard Co.. (quar.")—————— National Steel Car'Corp., Ltd. (quar.)—-— 50c (quar.).., common 6-30 Co.— Shops, ..common $1.40 $iya common 7-20 Power & Shirt 1st "preferred 6% 6 8-15 National prior 7-* Line, 10c —— Type & National $6 7-20 f38c (quar.),——X——— (init.) Products preferred .5% 6-30 , Pipe preferred (quar.) preferred class B (quar.) 12V2C . (Md.)—— common,——— B Paper ' 7-20 ' National Manufactures & Stores Corp. National 7-20 ,J40c (initial) — common National -6% 35c preference'(quar.) ,1 $1.50 6-30 — Ltd.,- Grocers, When Payable 5.60% 6-30 35c (quar.) National 7-15 25c (quar.) Corp., class A National Funding Class (quar.)——1—,— Co. National FueL-Gas of Company Panhandle Eastern 6-24 1 7- 50c National Folding Box (irregular) Name of Rec. »■ Holders Per share Holders Per Name * FINANCIAL CHRONICLE THE COMMERCIAL & Number- 4085 V olume 155 f 30c 30c convertible «. 1 4 ' « V ..vl 4 •; . .4 . ,1 . * < . ' J • 1 $134 > )■ S, *. ( * ' * 5 . *' ; 4 i . n ■ ' <■+»** ** 2420 THE COMMERCIAL & FINANCIAL CHRONICLE Per share Holders When Per When ' Name of Company Southern Acid & Southern Advance Sulphur 7% Bag Payable 7- 1 6-30 6-10 6-20 $1% Si3/* 51% 7- 1 7-10 (quar.}__ Paper-_ & Name of of Rec^ $1% 25c ,, pfd. United Standard Bleachery 8; Print, Works— preferred (quar.) —/•• Franklin Process 7% pfd. (quar.) Southern Southern New Southern California 5% England Telephone Edison original preferred 5%% Cauada - ._ __ Coipmon 37j/2C 7-15 7-15 6-20 Southern Natural Southern Phosphate Corp. 6-30 6-18. 6-30 6-16 '7% 1 6-20 6% 1 6-15* $6 preferred (quar.)_ Southwestern Gas & Elec.,-5% - $1% 7-1 6-15 7-1 7-13 SlVa 7-1 6-20 $1.12 7- 1 6-15*' $1V4 (quar.) (Dallas)— • 35c SdutDwesterri Lightr & Power, $6 pfd/ (quar.) ; Springfield Fire & Marine Ins. Co. (quar.)__ (Mo.) Gas & Elec.— 57 preferred A (quar.)—a Staley (A. E.) Mfg. Co., 7% preferred (s-a) Square D Company, common.... _______ preferred, series A Standard Chemical 7- 1 7- 1 6-30 6-30 U. 6-16 S. (quar.) $1(4 7- $1(4 8-1 preferred J75c 7-30 6-30 50c *7-1 " 75c 7-23 CO. (interim)_____™__ Standard-Coosa-Thatcher Co, ______ _ 1 , Guarantee S. 9-15 1 6-15 58(40^7- I 6-15 50'7- 1 6-18 $1(4 Co. '5(4% •: 7-1 - '$2(4 6-20 6 6-16 1 7- 6 •_ 7-15 6-30 > 25c $2(4 4 (quar.) 7-41 17% 6-20 $1% (s-a)^ 7- 1 6-20 40c 1 $3 participating : Westmoreland, Inc. 6-15 r 6-15 : convertible preferred (quar.) pfd. (accum.) 8- preferred (quar.) ______^ Standard Radio, Ltd.class A (quar.) Class B (quar.L™ '6# Screw Standard Silica Standard Corp, Works S.'Loah Sqcietj) (Phila.)-8% pfd. (s-a>_ S.'Pipe & Foundry Co. <quar.)—_—__ 7-15 1 6-19 7-1 _ 7-10 6-30 6-30 6-20 4 7- 6-20. $3 20c Acid & 7-10 6-30 ; : 1 8-15 • (Frederick) (Boston) A* Co., (quar.) 6-30 7- 25c 5% participating preferred (quar.)_! ;! Scecher-Truung Lithograph— 5% preferred (quar.) _L_™___________ 5% preferred (quar.) , * 9- 5* 6-22 6-30 6-15 ' 9-19 " 6-30 6-23 " 8-31* convertible preferred Products 6-30 6-26 $1(4 6-30 6-16 $1(4 (quar.). fl5c 6-20 6-22 4 6-30 6- 6-30 6-15 25c " 7- t$l(4 _ "" 453(4 82 (4c ,4 $134 ___________ Company (quar.)___^ Sycamore-Hammond Realty— : 7- 2 6-12 7- 2 " 6-12 7-2 6-12 " prefea-red 6(4% preferred (quar.)_———— (quar.) " 6-12'' 6-30 6-10' 6-30 6-10 7-1 Texas-New 2nd 54 Texon Oil Textiles, . Mexico. 4% & Thermoid J Co,— 5- 1 6-30 . convertible pfd. Tintic Standard Tip Top 7% Tule preferred Co. of , , * 6-20 * 4 6- Warren $4 7-1 6-29 6- 7- Toledo 1 Edison 5% Co., '; 7-10 6% (monthly)_4 (monthly)____ ; (monthly)______ preferred preferred Toronto General Trusts Corp, Toronto Mortgage Torrington Co. Trade Bank Co. (Ontario) (quar.)___ (irregular) Trust Go. & Travelers Insurance Co. Tri-Gontinental Corp., preferred Additional. Chatillon Tunnel RR. 7% $1.50 '. 7% Louis prior & lien Elliott Underwriters 7.6% preferred Pacific RR. Terminal Co. Co* Cold Wire Rope United Bond United Carbon & 7- 1 I 4124c 7- 1 50c 7-1 58('3c 7- 1 6-20 7- 2 $51 !4 7- 2 "8-1 7-1 6-15. 7- 6-12 25c 8-15 8-10, 11-14 Dyewood, Gas ; 7-15 7- 1 7% preferred com. $1(4 (quar.) 7-15 10-15 11- 2 10-15 7- $1'4 7-31 5c 1 6-25 7; 1 7- 1 7- k,% 25c give below EXCHANGE a 1 6-10 6-11 ' 15<J : • * 10c 6-30 " 6-13 6-20 tioc 7- 2 25c 7- 1 25C !.! 6-11 6-30 50C • ' 8- 1 5-28 •' _______- - v 8-21 4,1 1 7-1 25c' • 7-20 8-31 ■r 7- 15c Sy •, 10c $l34 * 6-20 « 7- 1 ;. 6-10 ' 1 :! 7- 25c !'. $1% 6-19 A 6-16 6-16. . 7-1 6-18 7- 1 6-20 $iv2/ 7-1 6 <-19 $134 7- 6-19 7- 1 6- 50C -9-15 9- 50c 12-13 10c - • . V Institution— & / V : 5 12- 8. .. Less British income tar. a r * .. .4-. ■ 1 1 - Bonds.: 6-15 $50 Prudence 6-19. $500 6-23 I 6-15 7- 1 ! $ per share / 80 Ai'/'/V,.;;v '■■;"/' Securities-Corp., Inc., 5J4s, May 1, 1961 Ser. A scrip! 6-17 1-1 Stocks Nashua, N. H. ($100 par) 57%, flat Prudence Securities ,6-20 $1,000 tor?., Inc., 5V4s, May 1, 1961, :™i___— registeted Bostqn Metropolitan $500 Hotel. Bldgs., Inc;,-3-5s, Jan. 1, 1950 34y#<S5 int. Waldorf-Astoria Corp., • Inc:, deb. 5s, Sept. registered, with 10 shares stock (par 51) 1954 ; ' 56 '4 % flat •' 1% flafc record for the week just passed: RATES > CERTIFIED BY FEDERAL JUNE 19 TO RESERVE JUNE BANK 25, -1942, TO TREASURY INCLUSIVE Noon, Buying Rate Country and Monetary Unit UNDER TARIFF ACT OF " , 1930 * June 20 Official- !__ 6-15 States June 22 |S3 $1 7-1 6-5. 1 6-17 peso .909090 A .569800* Official .* .237044* .237044* * .237044* 3.228000 3.228000 3.228000 3.228000 3.215033 3.215033 3.215033 3.215033 .060580* .051447* .060580* .060580* .051447* .051447* .051447* .909090 f .909090 .909090 .060580* .051447* ' ' .909090 .898750 6-1 Newfoundland, dollar— rupee " •_ .301215 .909090 " .569800* - Union -7- 1 6-16 15c »8- 1 7-21. R- T *7-01 Zealand^ ; 4.035000 4.035000 4.035000 4.035000 4.035000 4.035000 4.035000 4.035000 4.035000 .301215 .301215 .301215 .301215 .301215 .205675 .205675 .205675 .205675 .205675 ? < Africa, pound*.- 3.980000 .909090 .909090 .896875 .896875 .897083' 3.227833 3.227833 3.227833 3.227833 3.980000 3.980000 3.980000 3.980000 .897083 .896250 3.227833 3,980000 .909090 .909090 .909090. : 3.22783^ . 1 peso- Controlled— ' • .909090 .896250 pound'__ of South Uruguay, ' .899375' " . New .899296 .569800* 4.035000 . 1 .205675 ' j. 1 Free 6-15 . ' Official-—! 6-25 .569800* .899140 .569800* .899296 .569800* ' 4.035000 6-19 5-29 1 .297733* : .060580* 4.035000 1 6-30 * .297733* pound sterling—• India 6-30 $1(4 !!^_^_w_;--!u, A! 6-30 5-29 $ $ ' (British), Mexico, peso_ 6-16 • 3.215033 ' .060580* 6-17 7- 1 1 June 25 June 24 ' .898660 7- 6-30 * * England, 7- " ' 6-30 10c ■ : .297733* .237044* ■ 3.228000 .051447* 6-24 6-29 .297733* .237044* ' ' Canada, dollar— 7-15 f$l34 "• ., , Colombia, 7- .297733* > 3.228000 Official-__________/ 6-20* 1 Money June 23 ' ' 6-15 1 .297733* 3.215033 , 4 ' !!/!"• " ' Brazil, milreis— 6-20 7- , ' - '! .237044* Australia' pound— 6-15. 6-30 1 for Cable Transfers in New York Value in United •;.» Argentina, peso— Official' _4_—.— ♦Nominal .658300* .658300* Uncontrolled^ .658300* .658300* .658300* .658300* .527580* ,527400* .527400* .527400* .527400* ' .527580* rate. . ' . 7-15 ; $l3/» V tlOc (reduced) f Second National Bank, Series ' A. $1(4 8-1 11- 2 $1 $1%. (quar.)_ 15%; resident tax. 2%. ' , ■ ■".j-* 6-13 June 19 6-30 10c preferred™.——™, ! ' . 8 ' 6-30 7- ' 75c 95c —75e Improvement A $ inr* United <quar.)_i (Conn.) 11-10 ,7-1 $1 (quarj__ : 1 6-30 . 4 r Co. 7-15 $1- ________!__™;_'! 6-19 : class A " Official 1__ 6-15 7- 6-20 1 $1'4 (quar.) (monthly) 7-21 I $134 (quar.) preferred Shares 6-20 ? >' 1 1 8- .Transacted by R. L, Day & Co., Boston, on Wednes¬ day, June 24, -1942: ;ZA, / 4. 6-30 7-'l ' 18c , " 7- 7- ■ " 50c i— Trust We 6-23 7-1 50c Co Drill & Tool Corp. •"'/! 25c Ltd. 1 7- 6-20 75c Auction Sales 6-16 7- '2 ' .7- $lVa ' Snowdrift Co., Inc—25c Hartford r 7-1 15c $1(4 4 Co.— (quar.)— 50c' ; '$V/2 !_!"_ " 6-20 1 ; •7 6-25". 6-15 ■ (quar.) - 6-26 6-15, 7- 50C 7 6-13- 37(4c pfd.__— . $3»4 & FOREIGN 6-20' $3 (quar.)__ 7»; 6-18: ; 6 7-1 6-20 7- 1 ■ 5c 1 7- $1 $25c (quar.)!__Z___!44k-4lA4!-2>-' .77 v r;i'7.'.?! 6-19 6-19 '7-2 25c"" ' Fargo Bank 11 Union Trust Co. (S. F.)— world. ?$134 Y.) • preferred, 7 6-19' "6-30 $3 (4 . ' 7- 75c ■ __ Foreign Exchange Rates 6-20 (quar.) Co (N. RR.V guaranteed (s-a 6-30 pfd. ; 1 1 • 30c'; 20c t 6-20' 7-. 1 > ' Co., * common/- » - 6-13 ^Pursuant to the requirements of Section 522 of the 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 6-22 7- 7-21 (quar.) 256 " v y 7- ,4 1 6-30 7-' 1 rr (special) !/____!__!_ resident tax, 10-10, 1 7-'2 ;.r~ -' $I3A 7-' I 7- V ; 6-22, (quar.) Share, United $5 6-20 1 Storage 8 V pUnion Twist Drill Co. r'lotjc! l 1 (quar.)_L Union United 7- 8- common 75c-. -- _J—4-' 6-20 $3(4 Fisher Trust Union Union 1 7- (s-a) preferred IOC " ~ (s-a)™—!!/!•/ 6-20' 7- $5 Union Carbide & Carbon C0rp.__— Union Investment, common ■ 1 $13A Electric (reduced)— • * 7-15 6-16" 7- (quar.) (s-a>_ Gas t$l (quar.)_—4--' 0%^ preferred '7-10- ' common 9- 9: 7-15;' i ~$13A 6-18, •Transfer books, not closed for this dividend!' :1, 14' tOn account of accumulated dividends.;"4 >"■ ' .■•>*:* ; ; ^ «),-!• .7; v JPayable fn Canadian funds; tax^deductible-at the source/'' Non-¬ 7-18 10-20" 7-10 6-10 6-30 pfd. Century-Fox Film Corp.— preferred (quar.')'__— Underwood , Wells West 415c 25c (Dallas)™ 6-20 ; . .7-20 $H4 ' 62(4c convertible States 7% Ltd. of St. preferred Twin (quar.)- (s-a)_ Corp., 7% Tobacco, Twentieth (quar.) !___ Tray & Bennington RR. Tuckett 6-4 $4 Trice Products (quar.) Trinity Universal Insurance Co. Tubize 7-1 50c (New York (quar.) $6 S13A/ *. 75c RefininA & Wesson Oil , f$l (quar.) $iya.. 1 !™_—" ■4' (quay.) 6-22 . $2 pfd. 7%: -, • 9-19 6-22 v '7-15 (quar.5 Zion's Co-operative Mercantile / Quarterly, -Quarterly. 6-20: 7» I 6-15 1 7-1 '6-30 "51'4 (quar.) Portland Cement, 4% non-cum. pfd.'(J. S.V & Co., common (quar.)_!____" 5'4% 6-22 4 7- , Youngstown Sheet & Tube— 6-22 , 6-30" ^8-'.T? 37V4C Coy, Ltd. (quar.)——™—' Pump Co. Wellington Fund 8. 6-20' — :___■ 7% • L—" Wayne 6-20 7-1 1 ' *1 6-30 $1%-, * Waukesha 6-22 25c 7- 6-30 / 6-20 „ 7-20 25c (quar.)!_!___•_ 1 $1 Irregular 7-.2 25c Chemical- Co.__—i_i—• Motor\ (quar.) Wayne Knitting Mills,1-common (irregular)_^ 6% preferred (s-a) 5* 6-15 $1(4 Quarterly 4 ; 8-1 $3 (quar.)'__________!!_™: Class B . 6-15 ' _____ Young i$l V* (quar.)__J__— Coif p., 1 7-15 : 6-15 7-20: " $l34 Yosemite 6-16 (quar.)—— preferred 12- ' 1 '!$13A preferred (quar.)_. 8-1 1 7- $1'4 _ -7% preferred (quar.) ManufaGturing_™4-____!_!.!! Yellow Truck & Coach Mfg., common___-__ V, ".7- 8-1 . (quar.)!___!!!!;_ (Riidolph) Wurlitzer 6-23 6-12 *■ t50c Yale & Towne 6-30 common—( (irrefeular) Common 7-1 (Los Angeles)-^— Title & Mortgage Guarantee (New Orleans) . $3' second : 6-30 5c (s-a)_J Co. * 12-10 $1(4 Co. 1 7«' 1 50c ' Salt 75 $134 !___- 6-10 9- 6-12 $1 / 6-10 '• 7-1 -v 6-22 4 6-16 6-11 prefZ (quar.)__ prior pfd. Wright-Hargreaves Mines Wrigiey (Wm.) Jr. & Co. 6-12 6-12,. • 7% $$134 Mirtn > 6-12 v (quar.t__— Insurance preferred ^ 7-1 9-10 1 1 $1 (quar.)™!___ Company 6-16 77- $1*4' ~ .1 '7 r7:. > N (1897 series) (quar.)______ Investment Co._!!__!_l_7„™l!; Oil 7- 1 - ?20c (quar.)' Woodley Petroleum Co. 25c — $1 25c r Worcester 12-21 6-30 6-19 " Extra 9-20 7-' 1- 6-19 $1)4 preferred Wiser »4.. (quar.)— Ware River $1(4 ^ Title Insurance & Trust (quar.) Detin'ning Co.; preferred 6-15 ; "(quar.)_—__'_ common 1 6-20 * I 1 4 pfd. (s-a)__ preferred (quar.)___ Hosiery Co. Wisconsin 1 6- • 7-1 10- - 15c.: Walworth1 Co., 1 $1(4 Mining Tailors, 6- 1 '■ 6-30 w—- 6-15' - 6-30 10c r 6% . v $134 r' - preferred Wagner Baking / . 6-12 J "4 preferred ,(quar,)-__- ' 15c (reduced) preferred 7% 6-15 „• (quar. 6-15 , 7- $134 , $4.50 7- 6-19 7- 7-15 ^ ' (quar.)_____ Wisconsin Co., 7%' preferred Wisconsin Electric Power—;v 12-29 7-rT $1%' —— Wabash-Harris Corpy (irregular) Wabasso Cotton 6-121 6-15 Works 6% •7% 6-17," . , 10c Tide Water Associated Oil Co.— ! 6-30 6-30 50c Extra 6-22 7-15 $VA Extra _______'™:__™___ 'Quarterly / ' $ls/»." 6-15 —— ^: 9-28 : 6-30 6-18 :v 35c .7,; ■ 6-26 ;/7) 1 ■ • (quar.— Chemical Vulcan 6-15' ' f Thompson Products, Inc.— ; $5 preferred 7%; common 7% 9 ' 10c (irregular) 6-17 1 6-16 6-30 • Grocery, class A (quar.)__ "(irregular)' 7%' preferred ■ Winsted • 7-1 .4 .i 6-25 1-1-43 $1 51 ; Class B 6-20 10-ST « +5c Victor-Monaghan Co.— 6-15 25c (quar_)__—__.— '7- 62(4c preferred /quar.): 4 ;,;: Waldorf System Vine*, (quar.)——___ (\ —_ •46-30 ' 62(4c 7- 2 common. Company - $62(4e (annual)"— Land Inc., preferred Co., 9-21 6-30 & Utilities preferred ( Tool 1 6-30 Company Electric > t$l14 Co.; (quar.)—!™ preferred Victor .1-2-43.12-21. 25c :____ 1 t$l34-' — (quar.)——.. 10- Mfg. Corp.,. (quar.)- * * 15c (quar.)— 4 50c Service, $6 preferred (quar.)f $1(4;. Texas Texas Vlchek ; f ;___ 1 "7- ;.'6-30 50c Winn & Lovett 7-14 : ":7- ' 15C . Bakers, Inc.— 6-20 1 40C _ * - 7- ' ___!_ Wilcox & Gibbs Sewing Machine Wilsil, Ltd. (quar:>__! !___ ' 6-20 1" s- • Ltd.: (reduced Viau, Ltd., 5% 4 J5c~ Corp. Terre Haute Malleable Ventures, 6-20 25c ' Taylor (William) Corp., common vtc.____lJ Tej^uride Power, 7% preferred (quar.) Tennessee preferred 1 5% preferred (quar.)_____^____"_______^_ $1(4 8-1 Taggart Corp., $2.50 pfd. (quar.62(4c 7- 1 Talcott (James), Inc.; common 10c ■7-1 5(4% participating preferred (quar.)__j_i" 683/+c 7-1 Tamblyn (G.) Ltd., common (quar.) *_^ f20c 7- 2 (quar.) . 6-16 - 6-30 75c I—™*- 6-20 6-20 Yards 6% Co.,' 7% Stores, Inc., $5 ;6%: preferred (quar)) 6-12 1' pfd. Wieboidt 2*' " t$2 i.Vertientes-Camaguay- Sugar 1' .6. $1(4 , (quar.) 7- " $1(4 ' preferred 7% ' Tacony-Palmyra Bridge, cohvi (reduc. quar.> Class A (reduced quar.)_4___________"_ 7- Grocers 6% Wichita Water 6-27 7- Villa preference____ Wichita Union Stock • v 6-30 75c $6.50 preferred (quar.)_— Vapor Car Heating Co., 7%- preL (quar.)!— ' 6-12 ' 7-1 _4_4$1(4 .6(4% Preferred .(qusir. Sylvanite Gold Mines, (quar.) preferred , 7- 2 ' ;" 6(4% 7-15 convertible (Wm.), 7% preferred Whitney Blake Co., (resumed) 6-15 7-15 ; Paper 6-25 7-15 t$l'% preferred (quar.)!/ Co., common Whitman 6-27 ' prior 6-15 ; 50c ' - preferred (quar.) ! Sewing, Machine Corp., $2- prior White : 40c " 7-1 . - (quar.), Van de Kamp's Holland Dutch Common _i j__4_. 6-15 4 10c " (s-a) & / 5% (quar.). prior preferred $4 7-10 Valve 6-23 4 30c Del.) 7-20 5% prior-preferred (quaf.62(4c ' 1-1-43 Valley Railroad Co. (s-a)__ »__• A $2(4 7-1 Bag Co., 6% preferred (quar.)——'\? $1(4 7- 1" Van Camp Milk Co.— ,/ 4,4. ' • 6-30* 5-25 : 1 7- ' .___ Swift prior preferred ,7% 4 6-15 75c r' 5% 6-15. '7-1 7-1 7-15 conv. White 11-30* 40c !_ Utica'Knitting Co.— $4 * 1 preferred $5 Whitaker ; _ '5% * T--1; Supersilk Hosiery Milts, Ltd., 5% pfd. (s-a) / 452(4 Supertest Petroleum, Ltd., common (s-a) J50c Ordinary shares (s-ai__!________™™-\ ■ $50c $1.50 preferred B (s-a). '-4- $75c Sussex RR. (semi-annual)" 50c Extra $6 > 1 7- 6834c (quar.) (Lewes, , 6-15 12(40' ,7-15 , __ , 6 6-15 ' " 7-15 (quar. Utah-Idaho Sugar, 60c class A pfd. (quar.) _ Utah Power & Light, $7 preferred————_i 6-15 ' 1 7- f3c. preferred : Life Assurance Go. (Canada) (quar.) Sunray Oil Corp. 5(4conv; ~pfd. (quar.)_ Superior Portland Cement, class A Superior Water, Light'& Power— . , Co. I ■' ,t$2 '6% preferred (quar.) Upressit Metal Ca)> Corp. 8%- preferred—— 6-20 6-30 6-30 43 %e (interim)./ Sun Trust 1 6% 6-20 75c t$l(4 preferred Sussex I 7- 9-16. 12-17 20c Sullivan Consolidated Mines, Ltd. Sun-Glow Industries (quar. preferred 7- 3 75c (quar.)_____ Engineering. Strawbridge & Clothier, $4 preferred 7% 9-30 12-31 Universal Pictures, 8 %-first preferred—Universal Products Co. (irregular) —i. : Upper Michigan Power & Light— /•' *6% preferred (quar.)—ti., * . SteTchi Brothers Stores, Inc., 6% pfd. (quar.) Stewart-Warner Corp. (s-a)___ Stix, Baer & Fuller, 7% 1st pfd. (quar.) 55 12-19 * . Universal'Leaf Tobacco, common (quar.)!— •. 4y $1 ,8%i preferred (quar:)^—$2 6-26. $1(4 $1(4 5% preferred (quar.) Sfcedman Brot,hers„ Ltd, common 6% 4 $4 50e United Utilities, Inc.; (s-a)^^—>r ' 20c Universal-Cyclops Steel (irregular),—30c 6-16 / , 1 , Steel ,t —_—_ 5* . 9-15 52 ' common 8- : 50c .____ Co. , —_ 30c ; _ Phosphate Co.__ Trust - ! 7- t$l34 (quar.)■ Wheeling & Lake Erie Ry. Co._____________ Wheeling Steel Corp.— 7-20 7-1 35c • Quarterly-" C—i1 1 50c U, S. Playing Card Co. (quar.)_ 50c U. S. Plywood Cor)>. ' 30c U. S.f Printing & Lithograph Co.— •' ■'6%. convertible preferred A t$l U. S. Smelting Ret: & Mining, com,—!$1': ll'/c preferred (quar.)—_i.——4i-'87(4c U: S. SugAr'Corp.,' $5 preferred (quar.) $1(4' U. S. Trust Co. (N. Y.)- (quar.)4 $15 6-30 40c (L. S.) Stearns U1. tr. , $10c (quar.) Starrett State Street 6-20 • 6-15 tlOc ______ _™_ Wholesale 1 1 $1!4 Co., common (s-a)___™_™__!__:___!:!'"" preferred 77- (s-a>!_- — $5 Standard prior preferred t$l preference______!____!_! Standard Fuel Co.» Ltd., 6%% Standard Oil Co. (Ohio)— 7% 1 6-30 6-29 Westmoreland Water, $6 preferred Weston (George),; Ltd. S. 6-15 7-15 _J_____™_!Z_Z_Z (qUar.)!____„___ZZZZZ"ZZi (quar.)Z_ 6-19 1 6-19 6-15 -475c „'_a!_™!Z__,_ZZZZZ 7- s:Leather'Co., -7%, prior- preferred—t$7% 7- 25c Co. 7- 8-15 1 Telegraph 4;__!!_!!'_;_,____-!!'';: 6-30 1 IP. Lines Co., (quar.) Union 50c - U. " 7^16 1 1 s 7-15 6-15 ?:} $1)4 „ (s-a) 1 7-15 25 c :(s-a)!____l___!!-__!!_!,ZZi' preferred Western Machinery Corp.— '- .1 t75c • -$iy8 '"■$iya _l_ ; 1 8- $134 pfd. (quar.) 2 6-30 17V2C Stationery Corp.— (h-regular) cj. Westmoreland' Coal " Standard Fire Insurance (N. J.) (quar.)—4 Standard Fruit & Steamship Corp.-— - preferred 5 % : 7- 9- } " 43% c (quar.)__! $13A '• - - 6-19 $$l34 - Western Tablet & ■ 6-24 : v (quar.) ; Foundry—- •• " preferred (quar.) (quar.) - Steel Penn Electric Common 6-30 6-15 6-15 53'4 ■ $1(4 1 1 Z 6-16 - 7- 7- (quar.)4™ preferred (quar.)™! Western Insurance Securities, 6% preferred! Western Massachusetts '.Cos'. Western Pipe & Steel Co/ ef California-4Coihmon (increased) __™/ 6-18 4 7-10 7- - siya 7% J of Rec. $1/4 (s-a)____ Western Grocer Co.. (Iowa) 7% pfd. Western Grocers, Ltd.; common . 62(4c'■ . (quar.)—4 common- (quari)^aaiaiii (quar.)___— preferred ' Co. West Virginia Pulp & Paper Co West Virginia Water Service, $6 Western Electric Co. (reduced) * 6-15 Gypsum Co., - 1 7- '7-1 . common S. ; 7 % U. S.' Hoffman 6-29 10- 4 53c R. _ 8-15 (s-a)4———i. U. 7-15 * .___ ___ 7-15 1 Holdert Light— Co., class A (quar.) ™'^: West Penn Power Co., 4(4% pfd. (quar.) West Texas Utilities Co., $6 pfd. 8-15 9- R. & convertible :7%; preferred 9-15: 1 50c Michigan West 8- 58y3C (quai4.) Gauge Co., •7% ; When Payable share -• participating preferred Power preferred West 7-15 58T4c :'$6 1st preferred; (quar.) . 6-20' 50c preferred 8-15 i 10- 1 •' 53e (quar.)™-!:. common Kootenay $1.75 37(4C Machinery, non-cuip. West 8-15 - of Company West Jersey & Seashore " '7-15 - 58(4c —^ U. S. Fidelity & Guaranty-Co. (Bait.) Ui S. & Foreign Securities Gorp.-^- 6-15, $3V2 ( & Canal Go. J. RR. Shoe U. (quar.)_. , $5 $1% __ 4 6 %' v- . , Springfield 5% convertible preferred Squibb (E. R.,) & Sons— 53e < participating preferred J_——' $3 United 1 . I — United N. Quarterly 1 1 _ 6.36% 6-15, 7-15 pfd. 1 1 9- 1 (monthly (monthly)—,—_ prior preferred (monthly),: ' 7%' prior preferred • (monthly___ United Milk Products, common,™ * . __—_— Southwestern Lire Insurance Co. 50c ' 8- 108- prior preferred 7- ' ' 1942 Boylston Mfg. Co. of Alabama— 7% 9- prior preferred 7- f$l " * 53c '6.36% _—25c (reduced),—10c 6-11 :—' prioy preferred (monthly '7%'prior preferred (monthly) 7% prior preferred (monthly) Southwest. Natural Gas, 56 preferred A South West Pennsylvania Pipe Lines Southwestern Associated Tel. Co.— « 1 50c - 6-20 4 . 6-15 7- 50c 7-20 ,, 6-30 50c ' 8-15 West J5c -j' ..Per Name 6-18 50c (monthly) (monthly 7-15 (quar.)_.—;— Gas ' (quar.)_ ' (Del.)— " $20c $$1 Viz _—J preferred of Reo. 7-15 8% ■6.36% prior preferred (monthly):. 6.36% prior preferred (monthly): . Payable $1 6%' prior preferred (monthly) Co., Ltd.— (q,uhr.l participating prior preferred 6%' prior preferred 6-20 343/8C Shari (reduced s-a) Co 1—1— '6% 6-30 * (quar.) Power 7-15 shares Illuminating —United Light & Railways Co. 6-26 Ltd.— Co., preferred C (quar.)/ Southern 6% (quar.)_r_ United 6-20, ' Company Co. (quar.)—-— United Gold Equities qf Canada—, Southern 7% Fruit Monday, June 29, Holders Stock and Bond Sales DAILY «» New York Stock Exchange WEEKLY - disregarded in the day's range, unless they are NOTICE—Cash and deferred delivery sales are 2421 CHRONICLE THE COMMERCIAL & FINANCIAL Number 4085 Volume 155 YEARLY - for the year. the only transactions of the day. No account Is taken of such sales in computing the range r York Stock Exchange United States Government Securities on the New Below we furnish June 20 U. S. Bond Prices Daily Record of [High Treasury •{ [Close — Total sales Close 107.16 1944-54 [Close High 102.24 102.24 f High \ 2'As, 1951-53 103.7 [High 2'As, 1952-55 104.7 Close Total sales in $1,000 units 104.7 Close [High I sales in $1,000 units \ 107.13 Low • - \ Low [Close 2'As, 1954-56 107.13 [High in $1,000 units Total sales 107.13 Close [High *1 units 110.24 (High •{ 1949-52- Low ■ -t: [ High 1948-50 2s, March High Total Low Low [Close sales in $1,000 units [High •{ Low [Close v,' 1949-51 2s, June, $1,000 units ■' 110.15 110.15 j Low [Close 110.13 110.13 110.15 [High 110.13 Total sales in $1,000 units Total sales in $1,000 units [High = High in $1,000 units Total sales Low \ Low [Close 1949-1951—. Sept., 2s, 1 1 , . - .. 1951-55 2s, sales in $1,000 units [High i Low High Total sales Low | Close f High Total \ Low Federal (Close Mortgage Farm :• Total High " 1 [High Low 1944-49 3s, — sales Total (High Home Owners' 1 Low $1,000 units in [ High 103.25 103.25 (Close sales in $1,000 units 2 Total sales in $1,000 units (High ■ [High • \ 2%s, 1960-65- \ Low 2'As, 1942-44 Low (Close (Close Total sales in $1,000 units to*'*! units Total sales in $1,000 -• High High Low l'/2s, 1945-47. Low 1945 Close Close -v- units Total sales in $1,000 6ales in $1,000 units Total 103.25 j Low Loan 3s, series A, 1944-52 [Close ■'\ 103.28 [Close $1,000 units- 2%s, 1958-63 2%s, 103.28 * sales in $1,000 units Low Close ; 103.28 [ High Low ClOSe 2%s, 1956-59. Total sales in $1,000 units— 3'As, 1944-64 sales in $1,000 units v 1 —{ Low 1953-55 2s, Total sales in $1,000 units Total sales in 100.14 100.14 units—' in $1,000 [ High I Close 2%s, 1951-54 100.14 [ Close Close ■ 5 [High Close 2%s, 1948-51 101.9 40 :— 1948-50 2s, Dec. 2%s, 1945-47— 101.9 101.12 Total sales in $1,000 units sales in $1,000 units 2%s, 1955-60 101.9 101.12 [Close Low [Close V:.'.v-v-:. 101.12 ] Low 5 \ High 3s, 1951-55. Low [Close Total sales in $1,000 units 110.24 Total sales in $1,000 units —J 1947 2s, 110.24 [ClOSe -"f. Total Low „■ 104.7 Low 3'As, 1944-46 Low [Close _ High Total 1 $1,000 units Total sales in 103.7 1 $1,000 units— Total sales in 101.2 1 3 103.7 Low [Close Total 101.2 101.6 [High J 1946-48 101.2 101.6 101.8 Total sales in $1,000 units 3'As, 1943-45— 3s, 101.6 Low 101.8 •( 2'/as, 1967-72 Total sales in $1,000 units. 3 %s, 2 101.10 [Close 102.24 Low Total sales in $1,000 103.8 units-[High Total sales in $1,000 Close 3'/as, 1946-49 103.8 Close "High 33/bS, 1943-47 103.8 Low 2'/as, 1956-58 [ Close Total in $1,000 units Total sales [High ^ Low sales in — -J Low 2Vis, 1952-54 100 sales in $1,000 units. Total — f High 107.16 June 26 June 25 June 24 — $1,000 units in 107.16 Low June 23 June 22 [ High i Low 2'/as, 1950-52 Low June 20 U. S. Bond Prices Daily Record of June2C June 25 June 21 June 23 Treasury High Total June 22 — [close 4s, Figures after decimal point represent one or more 32d of a point. the current week. Stock Exchange during bonds on the New York in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon daily record of the transactions a High 1948 2'As, Low — •Odd lot sales. Close sales in $1,000 units Total (High 106.17 106.13 J Low 2Vis, 1949-53 106.17 106.13 106.17 only the sale of coupon bonds. Transactions 106.13 (Close in registered bonds were: No 10 1 sales in $1,000 units Total tCash sale. tDeferred delivery sale. Note—The above table includes sale# ' NEW YORK STOCK RECORD June 20 June 22 S per 1 per share 44% 44% *45 •108% •108% 109 *30 36 •30 42% 42% 41% 6% 6% Thursday June 24 June 25 I per share share 44 44% *108% 109 36 . 41%" ; 6% Wednesday June 23 i 42% 43 *42% " 109 *108'A 109 *31 42% *40% 42% 6% *6% *30 36% 6% 36'A *40% 6% 42% *6 19% *19 19% *19 19% *19 20 *19 *12% 12% *12% 12% *12 12% ♦12 12% *12 30% 30 30% 31% *59 65 *59 * 86 *"•%' "% ■f* - 4 *3% •3% *9% 10 17% *64 69 2 2% * 3% ~*'A A "'A 3% •»3% 4% 4 *3% 2% ♦ 'A • - 62 "'A - 4 'A 4 *61 69 12% *4 10% 12% *10 12% *4 4% *4 *130 4% 133 133% 129 10% *10 10'A 13 *12% 69 66% *65 70 24% 24 24'/8 16% 17 5% 16% *17 12 *% *14 16% V *65 17% it 14 Alghny Lud Stl Corp 100 Alleg & West Ry 6% gtd Allen Industries Inc Allied Chemical & Dye 4% 4% 132 *10 600 10'A 500 5% 2,100 69% *65 69% 69% 200 *23% 23% 3,600 17'A 17'A 400 17 *16'A it 15 51 23'A 17'A *% *13% *50'A it 15 52 *66 *%. it *13% 15 52 52 100 700 5% 34% For *50 51 20% *20 20% 20 20 19% 19'A 19'A 19'A 1,200 Am 32% 32% 32 32'A 32 32% 33% 33% 2,900 American fi - — 100 Mfg_ ("Del) No par No par Inc 10 Amerada Petro Corp 50 2431. No par No par No par Alpha Portland Cem —No par Amalgam Leather Co Inc 1 6%conv preferred — 50 32 footnotes see page 5 Allis-Chalmers *20 32% 1 No par Corp preferred 34% 50 100 Allied Mills Co Inc Allied Stores 20% 51 51 •20 ...No par Allied Kid Co 12% 5% May Jun Apr Jun Mar Apr Jan Mar pf A without war $2.50 prior conv preferred-No par 5'A% 900 69 Mar 24 31 "41'A 5'A 183A 10 29'A 61 13A —100 No par 100 100 Allegheny Corp 5Vs% pf A with $30 war 300 12% 23 Co Gold Min 9% 5'/a *% 50% 400 12% 17 • 2,600 1,000 5 23% *13% » 5% 23'A 24 *%' 14 * Juneau 17'A *129 *12% 66% 23% 4% 130 *10 5 Alaska 17'A *61 69 10% 5 3,100 9% 12% 5% 5 *61 CorpAir Reduction Inc Albany & Susq RR Co__ 4 69 Corp Ala & Vicksburg Ry 'A 3% 17% *130 : *33A 10 4% "'A 4 17 69 5,100 2% 4 *9 *10 % ; Express Adams-Mills 104 Agric Chem Airlines - • 14 18 24 8 27 28 6 24 81'A Jun 11 Jan 2 3'/a Apr 17 3'AApr 18 9% Jun 23 16 72 May 25 Mar 14 3% Apr 118'AApr 10 May 11% Apr 4 Apr 64 'A Jun 22 9 28 25 24 28 5 Apr 29 14% Apr 17 " % Jun 15 14 Jun 23 43 Mar 27 19 Mar 12 25'A Apr 17 ■ 109 - 43 48% 7'A 20'A 22% Jan 2 73% Feb 27 81 30% 18% l'A 18% I 56 Jan. Jan Jan Jan Jan 13 6 26 26 27 Jan. 13 Jan 3 Feb 3 Jan 26 Jan 27 " Jan 28 6 23% Feb 48'AJan 3 Highest t share per Feb 55% 34 Jun• 16 Jan 12 • Jan-13 Jan 3 Feb 3 12% Jun 17 38'A Jan 6 68 Mar 2 2% Jan 13 94% Feb 10 % Jan 7 6 Jan 26 : 5% Jan 26 17 Jan 27 5% 149 12 % 14'A 6% Year 1941 40 49% Jan 13 May 14 No par —25 No par No par 10 No par 100 10 Address-Mutigr 86 3% 17% 100 62 *2 *3% ,4 10 10% 17% Adams 37 100 — Steel Co Acme 500 12% 30 * 17% 132 19% *12 *59 *9% *61 19'A - 2% 86 9% *10 '*% *59 65 r>2% 166 3% % *4 5% preferred 300 6'A 30 17% 132 •14 •' 86 . 12%~ 3C 9% *61 12% *6% ' 20 *17% 4% *17 43 9% 135% 24% *41 6'A 17% •4 *66% 42'A No par Abbott Laboratories— 4% Range for Previous Lowest S per share $ per share $ per share Par Abraham & Straus 36% 17% •132 5 900 109 *30 9% *17% 12% * 4 *3% 3% 4 2 % 2% 86 *59 65 *59 65 29% 30% 30% 31 2% 2% 2% * *108'A EXCHANGE Shares 43% ,36'A STOCK NEW YORK " *19 *31 43 43 *108% 109 Sales for the Week $ per share $ per share t per share - 44% *31 6% Friday June 26 Tuesday Monday Range Since January 1 On Basis of 100-Share Lots Lowest Highest STOCKS LOW AND HIGH SALE PRICES Saturday Dec 54'A Sep Dec: 43'A * 5% x 17% Sep 51% Jan Apr 8'A Dec Dec 24% Aug 9% Dec 15% 34% Nov 45 July Sep 75 Aug 73 1% Dec 5 Jan Jan Dec 89% % Dec % 3% Dec 10% Jan 3% Dec 9'/a Aug 11'A Dec 21'/a Apr 17'A Dec 25% Jan 4% Dec 11% 135% Dec 10'A Feb 11'A Dec 85 Aug Jan jaii 167% July 13 Aug 14% Apr Dec 9 71% May 87 Oct 24% 37 Jan 21% Aug 1% Aug 5 Dec 14'A Mar % Dec Sep 10 Apr 20 41'A Feb 63% July 14% Feb 22% Dec 40 Feb 58'/a Jan Sep 2422 THE COMMERCIAL & FINANCIAL CHRONICLE LOW AND SALE HIGH Saturday Monday Tuesday June 20 June 22 June 23 $ per share 7% *6% STOCKS Wednesday Friday the Week June 25 $ per share $ $ per share NEW Sales for June 26 Thursday June 24 $ per share $ per share PRICES Monday, June 29, 1942 Range Since January 1 STOCK On Par * 7% 42 % *42% 44 4% U6% 25% . *25% *7'/a 44 *42% *4'% 26 4'% 26 • 4'% 43 % 4'% *25% 127% ' * 4% 25% 2,000 128 128 1% 1% 1% 1% 13% 13% 1 % *13% 17a *1% 1% 69% 68% 67% 68% 68% 68% 6 8 Va 67% 68'% 67% 67% ' 175 *159 % 175 159 '% 23% 22 Va 57 56 56 17 17 *16 *106 115 *106 ♦160 22a% 57 *23 .*84'% 17% *15 % 4% 96 95% 96 23% 1,500 58% 583% 700 Va 16% 400 16 % *16 *84 *14% 95% <■ 18 4 3'g ■ 96 * 108 85% 16 Va 108 *106 112 86 *84 86 *83'% 18 * 16% *14% 18 *14% 18 4% 14% *14'A 14% *14 96 *95 96 *95 40 6%. - 1 ' i *% % *% *25% 25% 24% *25% 26% $ 9 6 *4 % *1% 2 *2% *1% 1% 20% 20%. 26% *26 * 2 3/8 46 Va 46% 1% 30% *2% 3 % 3/g 24% '2 Va 35% 1% 3/a 47 3 *2% 1% ♦30 3 :■< 31 3 2'% 357/a 47 *2% 3 *2% *5 5%, *5 preferred-— 39% *38 *6% *10 *10% *4 Va 5 *17Va 17% *117 119 *21% 103% *4% 22% *22 % *14% % 1,100 Amer Inteniat 177a 14% 14% 4'% 4% 4% 4% 145 142% 9% 9% 55% 55% 142% *6 6% 8% *8 *24 *22% 27 36% 36% *135% 140 *33% 27 35 140 *135'% 16% 17 *10% 10% *10% 11 ■V 123 *25 16 16 86'A *18% 19% 113 129% *129'% ,116 ;i36% 135% 400 33% 33% 300 16% Preferred 1,100 Amer 1,100 200 55% "38% "38% 24% 24% 1% , 41 *25 26% *14 16 *8 9 29 Va 108% 2% 2% 53 53 *50% 13% *40 54 *40 *29'% '#14 . 3% *35 Preferred 19,800 26 *24 25% Anaconda 16 *14 15% 8 8 100 13% 13% 100 29'% *29 30 108% *107s/a 109% *108 Va 109% 200 2% 2 3% 2% 23% 2% 4,900 30 - 200 ' 2% Archer 52 26% *6 6% *3% 3% *82 *6 ' 52 54 6% *82 1 5 *40 26% 53 *51% 54 *40 26%' *3% *65% 66 *61 63 *53% 60 % *52 *25 28 *25 *96% , *6 26% 53 *51% 53 54 *40 54 *61 65 60% *52 28 *25 97 96% 96% *95'% 32% 32% 32 32% 33 33% 63% 63% 63% 63'% 63% -*20% 20% 20 20 20'% 20'% *17% 17% 17 Va 17 Va *37% 38 37% 16% *16% 101% • 16 Va 16% ♦101 102 37% 400 1,100 6% 100 *6 *3% 3% 95 *82 *63 65 *61 100 60% 60% *52 60% 28 *25 28 96% 96'% 96% 96% 96% 170 33% 32% 333% 33'/a 33% 9,000 63 64 60'/a 61 20 20'% 19% 20'% 18 16% 37 37 *37% 16 16 101 28 61% *16'% 18 *163% 173% *37 38 *37'/a 38 V, ' .. 16% 153% 15% 15% 16% 100 % *100'/a 101% *100'/a 101 % *6% 6% 6% 6% 6% 6% 6% 63/e 6 3/a 6 3% *48% 49 *48'% 48% 48'% 48'% *47% 483% *47% 45 45 *44 45 *113 114 113 113 *112 113 8 8 8 *7% 8% , ~*1% 2 *19% 21 2% *1% 1% *18 2% 21 23% *1% 45 • 1% *18 23% ,2% *112 8 *1% 21 *44 113 *7 Va 1% ♦18 2% 44% 113 8 *1% 21 23% *7% 18 2% 23% 45 114% 8 1% 18 2% *44 *1% 18 2% .800 18 5% Jan 4 119 8'% 4 Feb Feb 133% : 3 111 6'/a V 15% Apr 2 26% Jan Dec 2% 30 200 Apr 13 Jan 5 23'% 3% Dec 3% 9 20% Dec 483% Jan 22 9 17% Dec 39 Jan 33% Dec IV* Jan Feb 165% Aug Jan 4% Jan 6 Jan 26% Jan 1 165 Jan 12 Jan 13 9 Dec 15% 59 Feb 24 50 Dec 733% Jan 6 Va Jun 18 Dec 7 ' Jan Oct 28 11 13 9 3 155 4% Jan Jun 8 6 Dec 10% 35% Jan 14 29 Dec 40% July 43 Jan 14 33®% Dec 147 Feb 2 34% Jan 16 138 45®% July Mar 155 Dec •/' 54 Sep 20% Feb 6 15 3% 12 Feb 4 8% Dec 11% July 3 10% Jun 9 6'% Dec 13% 144 293% Mar 14 139 Dec Dec 13 13 14 81 Jan 21% Jan 26 113% May 29 1343% Jan 24 493% Jan 27 20 503% Jan 27 6 143®% Jan Apr. 5 6 14 Jan Dec 73'/a Jan 43% Dec 74% Jan X143 Dec 159 33% Dec 23% Dec ?:/'■/ Jan Aug 1163% Aug Jan 8 6 116 % Jan 2 3 % Jan 3 2% Dec 7'% 70% Feb 3 643% Dec 99'% Jan. 5 % Jan 6 3% Dec 8®% Aug 76% Jan 14 Feb 81'% 23 . ,' 29 5% Jan 13 28% Jan 14 30 4 12% Mar 11 May 26 7% May 20 50 12 .112 29'% Sep 51 2 3% Dec Jan Sep 8 46 Va May Jan 56 3% July July 22 Va Feb Jan 5 24 Dec 35% July 17 V.Jan 3 11 Va Apr 17'% 112% Mar 19 110% Jun 115% Oct 7 Dec 12% Jan Dec 2 Va Jan Feb *33% 108% Mar 10 Mar 11 27 t 14 Jan Jan 16 13% May 26 35 Jan 15 111% Mar 12 4 Va Jan 2 3% May 14 51 1683% 43% . 19 22 273% Apr xl07% Jun Sep Sep Aug Jan Jun 1 98 / 19% f Dec Jan Jan 17 Apr 107 115 V4 22'% Jan 27 Va Jun 27 243% Jun ./ 28% Feb 97'/a Jan 2 Jan 150% 14 26 Sep Sep 112'% Sep 2% Dec 5% Jan 47% May 26 67% Feb Jan 70'% 53 Apr 20 66 Jan 21 60 Jan 72 Sep 21 ■ par Jan 2 27 Jun 1 20'/a Dec 343% Jan 7'% Jan 26 6% Dec 03% Sep Feb 2 Jan 5% Mar 20 - par , 28 4 May 26 80 2 3% Apr 79 4'% Apr 28 May 27 63% Jan 5 61% Mar 24 77% Jan 55% May 20 - 4 3% 30 83 3 Sep Dec 63% 87% Dec 91% 5= Dec 103% Sep Oct 8 78 Dec 88' Sep * • Jan 17 76 Dec 102% Aug 1 Co.. May 26 20 Dec 35'% 82 Aug 96% Mar 100 27% Jan 2 39 Mar 17 18 Jan 31% July 70'% May .No Topeka & Santa Fe G Coast & 5% Line W I SS 20 par 60'% Jun 25 70 Mar 2 53% Dec 193% Jun 2 26 Jan 20 13% Feb 28'% July ——1 Lines 16% Jun 24 34 Jan 5 13% Feb 45% Oct preferred— ———-100 Refining—— —25 6 % 143%. Apr conv pref series A——100 Corp.———— —.5 preferred Atlas 100 Apr 28 63% Apr 11 par 43 111 —No Nichols— —No 7 Aviation 45% Jan 3 16% Jan 56 Nov 23'% Jan 28 19 Va Jun 28 Ve Dec May 111% 109'% Feb 20 6®/a Feb 47% Feb Jan 7 5 61 17 111 26 6 Feb Apr 30 2% Jan 9 Jan , 15% Apr 28 Jan 9 23% Jun 2 4 Va Jan 6 2% 9% Jun 25 ■ 10 V4 22 13 Jan 121 -■ Oct 9V* July- 37% 1% May 17 Nov 72 V* Apr 9 '/a Jan 70 116 Sep 7% July 51 % May Jan May 23 May 25 - 107. 5 50% Feb.16 1% Apr par $5 prior A* ——No par Corp of Del (The)— *—.3 , 30 463% Apr. 25 50 Powder— Mar 16 33 5% conv preferred *—100 Atlas Tack Corp————No par 90 400 Jan 100 RR— Atlantic 4% ~20 Aug May 12 Atlas 4,400 Sep 121 Mar Dec 26'% Jan 23 22% May 20 :>v par 100 Jan 23 26 Austin ' 11% Mar 233% Mar Jan 97 Atl 400 2% Jun 50 5%, preferred.—————100 1% ■, 95% Dec 6 60 ' 8 . Dec 9 700 114% 8 Jan 77'% Jan ' 45 *112 *17 Va 16 38 813% Jan 1,000 483% 47 Dec 89% Jan 383% Jun par —,.—100 preferred Atlantic 3,200 63/a 48% *45 V- 7'% _100 5% 1,900 16% 16 preferred Atch 1,800 38 100 % 2d Assoc Investment 21 20'% preferred.* 6 3% Apr Goods——„1 1st 15 2 54 ■V —100 — Jan 10% Jan -1% Apr 15 41'% Apr 28 ,3% Apr. J 8 / ——5 ——No — Dry 7% *25 *60 Va Corp_. preferred 40 5 9 ' *96'% ' Corp— 6 Jun /. 33% Apr 34% Apr - 100 6 *47% 6% Artloom Associated 66 *25 Constable 300 97 *16% Arnold Jan -108% May 5 No 13'% 21'% Jan - 1% gtd—100 Co Dec Mar 26 50 —_No 6% 33% Apr par Illinois.! 21 3 —1 preferred—— 7 % *52 Co Armstrong Cork >; 4% *4% & Jan 15 $6 conv prior preferred—_.No par 1% 263% 28 101 102 4% 263% 67 33 63% 3% 95 4% 43% *61 *52 *82 95 *4% 6 *3%' 37/a *82 4% 26% 6 6% *33/a 95 *4% 60% ; 6% 3% *82 4% 26'% * *6 95 4% . 26% 3% 3% 95 *4% 263% 26% Midl'd <Del) pf of ' 26% Daniels Armour & Co 7 Sep 93% Jan 22 —25 Cable—No Armour *' 2% *40 *29 13/a & Jan 11 120 Corp —12.50 $5 div preferred—--———No par Andes Copper Mining 20 A P W Paper Co Inc —5 *108 Va * W 4% 101'% Apr Anchor Hock Glass 108% ' *51 1% ; 1% Smelt— Dec 7834 Mar 27 - 100 $5 prior conv preferred Anaconda Copper Mining- 2% -17% Jan par par —— Oct 14 - ——-100 No Va 6 - —_14 Elec—No ,2 Va Feb 29 10 Woolen Amer Zinc Lead & 200 24 3/8 & Aug 42'% 7% Jan, preferred———No par American 2,000 39 24% "9 *8 700 33%. - 1st Wks 25 Apr - —100 ±\ Jan Aug 163% Jun par 25 Viscose Water $6 600 56 *54% 24% 100 4 -29'% 108% 23% 54 44% ' 3% *108% 9 *1% •29% *108 52 *40 B„— Corp preferred——: 5 % Am * *1% ' 29% *24'/a • %_■/■•.; *8 1 *108Vs 1,700 class preferred-.—-—— Type Foundries Inc Amer American 1,000 2 *334 39 243/g 24% *108'% ' Va 4 6 % 400 2 No 4 Va 33% 136% Jun Telep & Teleg Co——_ 100 Tobacco———————25 Common 7,200 116 Tobacco Dec May 4 May 15 29 American 200 4% 253/4 Sumatra Amer 400 4,100 116 55 *35 • •24% 10,400 133% *4 25% 2Va 3% 3% , *36 *108'% 9 55 55 % 3'% 116 ■ 116 44 1123% *129% 4% *3% *26% *25 *14 1% 131 253% *39 3% 3% 26% * 41% 42 2'/a 42% Am Feb 2 51'% 63% Feb American Sugar Refining —100 Preferred ———————„ 100 200 41% 2 % 3% 800 .. 193% 41% 116 42% 55 3% 16 88 *183% 29 27 : , Dec 24 May 25 35% May 14 132% May 14 American Stores—„——'—_No par American Stove Co——No par Steel Foundries——No Jan 8 10 Feb 4% Mar preferred————100 10 Va 38% Jon May 25 Dec 9'/a May 25 —25 16% Sep 1 52% Apr —100 — 10% *93%' 110 4 Va par 100 American Snuff 24% ,20 12'/a Apr 15 33% Apr 25 142 % Jun 22 Ship Building Co —.No par Smelting & Refg——No par 6% • 4 54% 16 *7 ; Amer *15 253% . 116 2 Va 44% *3% 24% 1% k Amer 43 4'% 25% -*42% 42 9 2% 80 1,500 42 *129 Va 131 *4% 25% 3% #7 30 100 36% 11% Apr 47% Jun 20 Safety Razor——18.50 American Seating Co— No par 36% 113 42 42% 4'% *25 108% 87/a 25 preferred 13 Va Mar 14 —100 ——* Jan 29 American Rolling MilL——-—25 conv 3% May 28 15'% Apr par San'y—No Sep Dec 3 % Jan 215% May 21 par —_——No 143% l'/e 28% 10 May 29 Apr American 112% 42 42'% 2% *1% *2% 700 *40'/a 113'% *40'% 25% *14 108% 4%% *8% *24 86 Vt 19% 2% *109 *29% 16 % 85% 4'% 4 *38% 16 730 5% *10 16 Va 116% 3% 26% 16% 85% 25% 54 24 V8 *14 Preferred 1,800 *136 *18% *115'% 3% 54 *103 p 193% 116'% 44% 38% 34 •86'% 1293% 2'A 25 *3378 *136 * 4% 44 Va 38% -16'/a ' 42% 2Va 24% 35 16% 41 *42 V2 3% 140 *33% 10 42'% 2% *3% 136% 41 26 116 ' 136 Va >136% 114 *4% 25% 4 36'% 113 129 4% 26% 55% 8% 24% 35% 44 41% 4% 4 *8 5/8 24'A 36 42%: *41 26% *54 8% 24'% 10% 113 Va *2% 8% 35Ya *9% 16% —„-No — & Stand 9% 53% 6 16% 112% *42%, *57/a Rad 54% 54 10 114% 117 6 Am 10 9% 9% 55 10 *183% *115% 9% 54 24'% 16% *83% 133% *141 *141 9% 55 16% 16'% *129 9,800 10% 19% 43 4% 10 86'% 44%' preferred— *93% 16 % 44% $5 10% *18% 43 1,100 4% 10% *84% 114 14% Power & 13 2 113% Feb par 14% 43/a 16 par 14 4% 4 par Jan Jan 23% Jan 9% Apr 30 par Aug 31 6% Jun 65■ par No 14 4% V 10'% 16% Co 14% \ No Light——No preferred • 19% News $6 Amer * 86% % American 1,400 Feb 6% 5 35% Mar : par ——100 1,900 *57% 34 Va 16% 10'% *16% 19 preferred % *136 *85 * 22% Ltd—— 17 Va liV. *93% 10 Va 9% *22% 6 % " 16% *10% 119 Fdy Co —No Metals———No Co % 9% ♦136 16% & Metals 16% 55 140 *33% *136 Mach Amer 17'% 8 % *136 33% 33% *136% & Amer *%. 36% 36 Mach 300 400 'lVa Mar 27 6 100 16% 27 -'*22% 36'% 36 Amer 43% 173/a 43%- 17% u—No Preferred % 4 3/8 6 *8 10% 400 *10% *115 22% Locomotive 500 Dec 6 Mar 23% Apr 111——_1 9% Aug 1% •Jan .24% Jan 13 1% Jan. 25 preferred———50 conv American 69 17'% % 9 119 *22'A 5% • 700 of ' 55% 5% 8% : *115 22% *141 9% 55% 6 17% 119 -14'% *141 9s/a 6 *8 4% 55»% 9% 55 4% 17% 10% 30 6% Co % 14% 4% *4% 40 6% V 69 Invest Feb % 32 par Sep : 10 36 x36% Apr 953% Jan 5% Jan .. / 22 Corp—.No 167% ! 17'% 14% % 4% 17% *22'% /if 17% *10 Va American " 25% Jun par Jan Aug 21 2'/a May 26 33% Jan 21 preferred———100 78 * Nov 83% 19% 23 2 Ice——No 6%non-cum X17 Dec Feb Jan -16% Jan 50 9% Mar 4% 9'% 193% Jun •28 Leather——-1 Jan '% Dec 33% Jan -6 Jan Jan 121 14 % Jan ." • preferred 23 Va 115 Dec 4% 2 American Home Products———1 American 100 v & 2 Dec Apr 90% 26 9 Jan 107 * 93% Jan 2 American 5% *5 6 % Va 10% *115 /,•„ hi 16% 2 6 23 1% Jan 100 Hide - 79% July 5 1 Jan 343% July 27 18% Jan 100 3 *37% 39 6 *67% *4% -22%; 39 6% *17 119 *22'4 t"« 17% 15 *141 - 4% 5% 71 103% 17'/a *115 22% 17% % 1*% • 40 6% *68% 10% 17Va 119 " ■69 10% *116 *38 ' 6% *68 *4'% 4% *17'/a ■> 17% 1038 39% 6% 69 - 5% *37% 6% 67% 71 • *5 38 38 6% *6% *69 5% *5 5% • 185 Jan Feb 98% Jan 27 Aug 95'% Apr 5% Jan 3% May 27' Oct 3 Dec ■17% Mar 26 4 16'% Jun* 1303% 23 3 Mar Jan Dec* Jan Jun 56 * .223% Jan par 300 conv May % Jan V". 1 4 6% 5 7% Mar 11 -No par American Hawaiian SS Co— 10 - Jan. , 20 % Jan —No par $7 2d preferred. A 500 / 95 92 $6 preferred ' *5 .—No 400 1% 31% *2 3% 3 & $7 300 \ 47 • *1% *30 110 Mar 16 —No par V • 357/a May 26 Apr Mar 157% 10 Aug 39 Dec 2 May 27 15 1 55'% 13 3% May 25 14% Jun.22 Export Lines Inc—1 For'n Power-——No par V 2% . 46 3% 1% 31 J, vri 26 2 Va *33% 47% *1% *30 1% Amer 600 ■5 Tiling—— Jan 73 3% Jan 16 Crystal Sugar—--—10 European Secs_ Feb 33 69 par American 400 . 21 v 26 26% *2'/a *33% 47 1 % - , 31 *26 23% 35 47 1% la% *30 26%. 2 Va *333% *1% 21 3,300 166 105 . --100 Jan 1303% Feb 20 May 20 55% May 21 par -—-No Encaustic xl22% 18 18 —No Chicle.:.*. American Amer ■■'i 20% 24'/a 21% *2% 500 10 1% Jun preferred———-*-*-100 Distilling Co**... --—20 Amer 1,600 6% 19% V2 *1% *26 r 18 • 24% , *20% *333% 30% *% 243/s 13% 2'% .v 31% *30% % 24% 9 %• *4 19% 21% 33% *45% 6% *18% 13% ■f, 2% 45% 9 * *4 " 19% 24% Ar 26 ■ 45% 9 *% 6 19% ' 33% 36 % 21% 13% 25% 2% *2% *33% 9 9 *% 19% . % *24% 21 25% 22 ' *4 18% 24 3% 21 *21% % % 1% 2% *1% r 18% ; 18% 19 9'% *% %■;! 6 *4 6 *4 *18% *9'/a 9% 9" 9% 9% ;V*%- - Dec 70% Jun 1st • 26% 13 Am Coal Co of Allegh Co N J_—25 American Colortype Co. v—10 , 8% 15 20 American I 47% Apr 400 ' Dec Dec 1 Va Apr 400 • 41% 3'% 56 3% Apr 29 159 Mar 12 t 96 *95 4% 4% Fdy preferred-,.*-- ccnv American 6 14 120 1 14% 4% *43% 5% 200 93% Feb 5'% Jan ,-100 1 $ per share Apr 33 ,—100 & $ per share 5'% 28 Oct May 25% Oct Apr 5% Jan B 10% 10% 3 10 3 10 V* 10'% ^ 2% 27% *4% 47% 4% 43% 4% ,■0*4'% 4% *4'% 4y0 10'% *4'% 25% *24 *9% 9% *5 5% *25 ■ \ 8 3% 13 12®% 12®% 20% 19'% 19'/* 23 *21% 24 110 ♦1023% 110 23 *102% 27% 23% 2% 3,800 4% 4% 4% 4% 4% 4% 1,100 4% 4% 4 Va *4'/« 243% 9% 5% 12% 22% 110 26% *22 23 84% 84% *79 84% *79% 84% *63% 7'% 13% 13% *13'% 11% 11 11 *10%' 30 30'% 29'% 29% 7'% - < 7 29% 9'% 9% *4%' 5% 30 *24% 8% 12% 8% 12% 19 123% 22% 85 *63% • *183% 22% 110 *21% f. *103 12% 19 300. 23% Bayuk 400 Beatrice 19% 23% 88 7 *13% *183% *21% *103 110 *22 25 *84% *6% $5 7 200 , *13% 29% 200 10 Oil „i—No Creek RR Belding-Hemingway^ 106% 105% 105% 105% 2,600 Bendix 105% 700 1% Aviation preferred Dec 27% Dec 35 7»/a Feb 10'% July 6 13 3/a Dec 247% Mar Sep Oct 28% Feb 32 Apr 1103% Jan 10 Jun 126 Jan 73% Jan 20 par —5 — Loan No par — (Del) * 20 Apr 64? Apr 24 63% May 14 104'% 30 No * par 100 6 6 18 27 25 26 27% July 8% July 6% Dec Jan 17 3 32 3% Apr 41% 28'% May 21 May Mar Apr May Jun 313% Mar 10% 39% Jan 9% 46'% 17% 49'% 105'% 108 Dec Dec 29 15 May 20 93%May20 17'% 20 May 8 16% Mar 30 13 —1 21 *105% 5 Va 20 27 24 —i.—No 29% * 27 Jan Feb par 50 Beech-Nut Packing Co„ Bethlehem Steel Jan 106 — 1,200 500 6 30 103 Mar 20 23'% Jun 8 Belgian Nat Rys part pref Bell Aircraft Corp.*: 8,900 sep July 123%, Sep 97% July Dec No W— 113% 51% 123% 102% *20 51 •> 11 Pr pfd $2.50 div series '38_No par Best <fc Co No par 51 Dec 16 Beneficial 203% 34 Apr Feb 300 50'% Dec 7 24 Va Feb 500 *193% ,18% 21'% Jun 25 12% 19% 3 '/a 20 20 6% Jan 15 par 51 51% 26 31% Jan 10% Jun 15'% Apr 30 No *12 193% 2 18 % Jan *49% 50% 15 Jan 3 12% 20% Apr 65/8 Mar 25' 2 50'% 51'% 4 22 8% Jan 12% 20'% 87% July 12'% Jun 50'% 50% 5% July Dec 4'% Apr 25 12 Va 20 Dec 3 3% 24% May 13 51'% 51 2 Va 27 1 Corp—— Inc Indus 28 7% Jan 11 Va Jan Creamery.—., w 4 Va Jan 23 —5 Co preferred Jan 2 3 4'% Jun 50 Works Cigars 19 Dec 143% Jan 2% Jun par 12 % 20 106% 11 ——10 preferred Iron Beech 92 ———50 preferred**— -.100 ♦49'% 50% Bath *85 21% 2431, 800 85 52 page 12% 29% 51 see 12% 29% *49% 106'% 123% 30 *12'% 107 5%% Barnsdall 110 Aroostook 5% 800 29% 12'% & -Conv Barber Asphalt Corp Barker Brothers— 230 25 *6% Bangor 83% *22 *13'% " 8 3% 293% 50'% *105'% 5 30 2,900 Baldwin Loco Works v t c —13 Baltimore & Ohio—•————100 4% preferred-:.—— —100 8 3% 10% 12% footnotes *4% *243% 200 30 10% 5 26% 7 4% 24 % 30 10% 50'% 107 9 11 12% For 24 9% 11 50'% 51% 25% 11 50'% *2034 23% ' *12% 107 *24 243/8 19 *22 7 1 23% ' *103 *22 — 83% 12% 26% *6% *4% *24% 19% *22 11'% 2,000 2% *22% *13% 10 Va *4% 8% *19 *102% 10 4% 25 87% *12% 10 9% 25 *19'% 9% 25% *87% 9 10 4% *4% 30 ♦25 9 3 ' *24 9 5% 8 7/8 *4% 30 *83% 25 7% *24 V 27% 10 ■ ♦ 5 Highest 8 Apr „4-*'-25 —, Car 73% Jan 23 Preferred ——„———100 Am Chain & Cable Inc— No par "•/ *' ' 4'% American 100 ■ , 14% ■" , 15 "*95 115 *14% "4% *14% *16 16% V. $ per share 2 par Fdy——No Can., Year 1941 Lowest 47 Cable & Radio Corp Preferred 23% 58 *106 ... 170 *160 23% 84 14% 163 23'% 58 > 115 17% 14'% * *159'% 23% 57% 84 84 % 4% 15 163 23% 57% *106 115 *15 4% *4% 15 16 *160 57 Range for Previous Lots 38 3% Apr 14 3 5% Mar 11 1 , preferred conv 100-Share Highest 5% Jan 50 Corp Brake Shoe & 5%% _10 —— Bosch American . Note—" preferred Amer 4,100 2.600 . 22'/a *56 16%: 84% 86 163 22 '/a Am 60 *1% Bank American 400 69% * 6 % 140 43 4 % 24% 128 American 900 7% 43 2534 127% : 4'% 25% *124 7 Va 7% 43 44 *25% 127% 7 Va 7'% *4'% 26 *124 127% *124 127% *124 7 *42% 44 4% 4% *4'% 7 of $ per share j," 7 Basis Lowest Shares share per YORK EXCHANGE Oct 14 Jan 13 10% Dec Sep 207%" Jan 52 Jan 23 50 Aug 57 24% Jan 19 19®% Dec 34 y* July 66% J an 2 51% Dec 89% Jan Jan 7 Dec 131'% Jan 121 115 May { LOW " Saturday *23 ! 5% .*11% t 13 vi-14% >15% 5% 5% .9 % ,19% * 1*15 ;. *7% 18% 18% 7% : *37 •" 79 35 ' [ft 29 ♦26%: \ 38% ft 17% 20 ft. 2 044 23 •:/ 2,100 1% 100 " • 7% 7% 7% :18 18 , r *35% •26% : 28% *35% ; *2% 2% : 49 6% 2% 49 49 17% 167/a *55% *54% > *54% 55% 23 ft *211/2 ft:/*5% 79 »";■ 10 78 *76% 12% *11% *17% 18% *1744 53 *51 53 ft *11 4% 4% ft' *30 /■ . i 2% *67 69 ♦120 f v ft, 120% ft 65 ♦120 120% - V •/■" 35% 34% i *17% 18% 17%- 90h; U *7 118 82 J ft ' 70 *177/a 18 V. « Apr 34 34% 17% 17% ftftft ■ft/'. ___ ft/ *29% 34 4 ' *29%"' ' 1,100 700 ;:•' - 30 "•'■""•■33 33 23 *22 23 '■ ^ -66% *64% 120 121 *1% -1% 98% 1% /. *1% 400 ft ♦11 12% 12, V 29% *11 / v *81 *88 118 118 83 •7 *1% 69% ' is 68 ?' •24% *1%- 29% *24% 12 29 1% 2 18% .16 //ft 16% *14% 15 *14% 15 *14% 2% 90 29 25 ft . 2% ; *2% 29% 2 24% 160 30 *96 > * *3% 3% 29% , 93% ■ ft ft: /•"ft 40 68 c 17% - • 900 - 900 1% ' 97 *91 Z '; 2% 2% 6% 29 ■ -/' * *3% -2 * 24% *14% 16 *14% 14% 16 14% ♦94 Va *5% 3% / 29% 93%; *92 ; *94% 1 24 ■■'•* 7 i 37/a ft 5% ♦12%; *32 36 *32 / 36 50 49 • 230 • ft /•: - » f V; 3% 29% *92 Va 94% ; , Jan Sep 7 7 Dec 14% 35 Jan 16 30 Jan 37 14 Jan 16 11% Dec 7 Via Dec ft 2% 3% Jan 3 Feb 6 7 Vs Feb 24 14 .66 10 Jan Jan 5% Dec 76 Feb 51 Jan 12% 118 Jun July 5% Dec 8 Va July Jan 5 18% Dec 34% Jan 19% May 14% May 1 26 Jan 7 23% Dec 35% 1 19 % Jan 3 15% Dec 20% July 55 Va Jan 10 6 . Jun * 53 par* 100 12 15% Mar 30 17 ft, Apr 644 1.8 3% Feb 6 2 24'A Feb 5 5 Vs Jan 19 6'A Feb 6 19% Feb 14 20% Apr 30 17 3% Jan 1.4 6 8% Jan 14 2 Va ft Apr -6% Mar, 23 Dec Aug 2% Dec 4% 6 Dec 11% Jan Jan 13 76% Feb 100 July Jan 10• 10 ft 12% May 1,4 7% Apr 12 Jan Jan 2 19% Jan 20 153/4 Dec 243/4 Sep 14 50 Va Jan 29 51 Mar 54 Ve Nov 2 1% Jan 14 Dec 1% Jan 1 7% Jan 14 4% Dec 7% Jan 2 15 V2 Apr 6 9% Nov 14% Jan 12% Jan 5 10% Jun 17% Sep Mar 11 26% Dec 40 Jan 4Ve Jan 14 37% Feb 16 i ft % Jun. 32 29 29% May 16 • 2% il 5% Aug Dec 3 32% Dec 1% Dec 39% Apr 3% July Jun 18 32 i Apr 20 37 Feb 5 32 Dec 41 77 Apr 14 89 Jan 28 79 Dec 92% May 23 Jun 16 27% Jan 7 22 Apr 30% Jan Jan 1% Feb-10 1 10 2 V* May 18 54% Apr-17 .100 Preferred.... 18 /. / Sep Sep 6% July Dec 95 par Co— 4% 11 Apr 16 3% Jan; 2 No 4% 25 Dec Jun '77 par 9% July Dec 1% Dec 15 Sep Nov 563/4 May 5% 7% Jun 2 2 18 ^j.25 Ry_L— 49 Jan Jan 2% Jan '> ,..5 Packing__.____._No 1) (J x109 Sep 23% Mar 23 117 _100 iwL—..No par Celanese Corp of Amer No par v:;,5% series prior preferred—.100 16 Jan 30 -.ft- 7% prior preferred——„100 2d preferred..—^ .—100 - Jan Jan 19 Dec 3% 70% Jun 8 43 Feb 873/4 122% May 25 112 Mar 3 ■ x 2% 125 Sep Jan Celotex ft 5% r..No Corp———; preferred-—— ft Central Central Dec 293/4 July Apr 23 29 120% Jan 17 ■94 Va Jan 8% Jan 122 Va Dec Dec 10 Va Jun 65 3 Dec 75 Sep 15% Jun ! 223/4 Mar 14 6% Apr 15 60 Feb '25 1163/4 Mar 22 Apr par 16 Apr 27 ftl% May 27 Foundry Co_L—— .-1 Lt 4Va% preferred__100 Mar 10 90 1% Jan .100 .... 2 Jun 19 2% Apr 71% Jan 27 53,6 3 •23% Jan ft x v 17 -1% Dec Jan 2 108 % Dec 115 Va 7 1 Dec 4% 29 4% Feb 11 2 Mar 30 77 25 Dec : Aug Jan 3% Feb - , Jan 3% Feb 2 % Feb 110 18 14 12 * 3 Vs July 17 Dec Dec 4 July Oct 97 Apr 34% July Jan 5 95 Jan 2 31% Jan .1 1% Apr 28 100 23 V* Jan 2 29 Jan Jun 2 19 Jan 6 14% Jun 26 17 Feb 10 143/4 Dec 22% Sep 1 Dec 107% Oct i Dec 18 Jan ) .1 85 ———. 27 Cerro de Pasco Copper..__u.No par Products— Certain-teed 50'/a July 18% Apr Century Ribbon Mills—.No par - Preferred 100 6% prior preferred——j ft/ft Dec 3 12 Jan 77 111 Central Violeta Sugar Co . 36 Jari Jan 42 24 <110 :100 No par Central Aguirre Assoc 3 21 Va 93 24 Apr 82 ■' 1 -7% ft; / '■ Apr 15 ft Caterpillar Tractor ' Cham Pap & Fib Co.. ... 3,500 * % 100 v / >6% ft % 12 V» ,• 2,200 1% ,' 1,200 5% 35% *33 35 *48% 50 *48% « 372 ftlr fff * A • » 2 Va Jan 27 5 1% Dec 5 3/s Jan 27 22% Apr 37 Ve Jan 21% Jan *% % 14 12 *11% 12 *11% 1.1% 11% * *11 J/a 12% *11% 12% *11% 12% *1% 1% 1% *1% 1% *1 Va DA *1% 1% fs ft . 32 Va *20 1% 60% *97/a 10 96 22 *20 22 59% •ft 10 *9% 58 *9% 10 *94% 57% 100 100 / 22 *20 58% 58% 57% *94 96 22 *20 *11 ft ■• *9% ..ft 58% /ft' 57% ft 58% *9% 10 ft 4 ft /: 10 ? / " *32% ft *32% 3 ♦— 24 * *98% 101% *32% 3 *2% ■■ "*23% *98% 101% *78 85. *78 50 *47% 50 : 29% 29% 73 108 *22'A 24 *98% 100% ft 2% 108 108% *78 42 ft *_. 73 "ft 'ft *32 'Aft 29% *107% 108 %, ft. 100 85 *78 85 *46% 50 50 *46%v 50 35 34% r t -ft; ft *46% - *34% 35 , 31% 32 : *141% 148 77 - 77 *58% 34% 60% *29% ♦141% 76% 76% *57 ■ 60 Va *575 ■ 13 13% 102 % ♦100 *100 102% 14 14 *100 113 *13% 1 *100 13% 15 *% 1% *13'A u'1% 11% For 113 13% *1% 1 11% 11% 11% footnotes 12% *100 *100 13% 11% *11% H Vff 1% *1% *1 11% 11% page 30% 2431. - 29 7/s *141 Va 76% 60% 75% *57 % 297/8 148 75% 60% 13% 13 13% 102% *100 102% *13% *100 ; 113 13% *13% u *% 74% . "ft 14 Va 113 *74 Va 57 V4.' 59 *560 12% 13 *100 113 *100 14% 'U •it 11% *11 1% 1% *1% *1 1% *1% 1% *1 11% 11% 11% 11% 11% 11% 11% 11% ' % • % ' v — 1,500 ft; —ft ft ♦ ' '< ft Va Jan July Feb 8 27 2 V* Feb 6 1 Dec 3 Aug Jan 13 20 Dec 27 Jan 62% Jun 4 1 Va Jan 20 10 *1 l:l% !, 11% 11% - 1,300 11% ; 700 • 20 . Apr 14 2% Mar 9 72 Ve Sep Jan 10% Jun 10 96% Jan 23 8 Dec 103/4 Feb 92 Dec 104% Aug 34 Apr 40 Aug 46 Va 3 2 14 Feb 4 Va Sep 40 Va Aug Ry Co 5% pfd —100 67% Apr 17 72 Mar 10 70 34 Oct 85 Jan pfd—.—No par 107 Va Jun 15 112 Jan 3 109% Dec 115 Aug May 11 95% May 15 29 Jan 5 24 Oct dOO J an 5 98 May 84% Mar 10 81 Dec 84% 48% NOV 50 27 Feb 44 28% Feb (The)..—1 100 — gtd——30 22 ft —...—— (The) .—No par ... No par No par May 32% Apr 100 100 2.50 .2.50 26 Jan 5 Oct Mar Va 39% Dec Sep 36% Jan 3 143% Jun 2 142 Dec 148 Sep 793/4 Jun 9 78 Dec 106 Jan 55% Jan 28 63% Jan 9 60 Mar Feb 25 Feb 25 740 July 14 Vs Jun 15 10% Dec 25 105% Jan 22 1003/4 Feb 106 Nov May 4 May. 1 14 % Feb 5 Dec 30 Va Jan Mar 470 11% Mar 13 96 100 Jan 24 1.—100 No par 50 44 Sep 22 Jan 11 preferred 2 28 i 333/4 Jan 105 56% Mar 24 25% Apr 97 Va Apr Southern..—r 4%. 1st preferred ft 4% 2d preferred — Columb Br'd Sys Inc cl A_- 14 77% May par Class B__ Dec Sep Dec Collins & Aikman...——No & 41% 143/4 Dec —:_i— conv - Feb 29 Vs 28 Colgate-Palmolive-Peet——_No par $4.25 preferred —'.No par 5% 3 May 12 34 139 Colorado 2 Jan 25 8 Vs May 103,i 6 Colo Fuel & Iron Corp.: 40 *1% 9 92 100 ft ... 300 ft May 28 • 8 Coca-Cola; Intern Corp: : 3 . 43 Va Jan " 47 Preferred 93/4 11V4 Jun 13% Feb gtd 4% stock.., ...50 Molybdenum—i—ftNo par Cluett Peabody & Co..:—...No par Class A : 1% *11 54 Dec Jun Special i — . ' ft 44 Apr 34% Jan preferred Coca-Cola Co 400 . 14 1% Apr 49 25 Climax ; 5,200 1% 11% 11% 5 % : 1,300 : ft % 37 Va 5 16 Jun Clev & Pitts RR Co 1% f 113 *13 % ' Corp—..————...5 & Fuel._._iftftlu.—No par preferred.... u...100 City Investing Co. —_i__l00 City Stores —5 Clark Equipment .No par 6%% Clev El Ilium $4.50 -. 102% 21 Jan % Jan 2 8%iJan Chrysler i Clev Graph Bronze Co ft ' 13.% *100 ' 14% *13% 13% 393/4 Jan 52 ; .11% Jun 26 City Ice : *13% 13% 200 , J,*100 102%' *13% : * ___ 59, 13 • 19% July Jan 800 76 . Feb Jan > '■ 9% Va 50 t 29% 148 Dec 3 5% May 21 i % « , 34 Va 29% !• *141% 75 *57% 34% " 29% 148 *560 *560 13% 34% 29% *141% 50 Jan 3% 17%,Jan Dec , " 1% *1 see *57 13% 14 *% 75 35 35 148 ♦560 __ 13% 13% 35 31 148 f 560 34% 30% *141% r 8% Oct July July 150 ft f i Nov 3 3 10 ft 85 11% 29 C C C & St Louis 100 1,'« Mar 3% Mar 13/4 July % Feb 500 100 . 26 Dec % Jan ... ■ft '*78 " Feb 6 Ve 10« 2 ... , 102 Va 1% Mar Ve Mar 23 100 42 24 Dec 26 % Jan ■ 108 93 7 29 Jan 7% 16,000 . f 29 *'23% Jan 6% 72% 108 ft 24 C ' *99 100 *27% /"'ft*— ft: ' ♦ .ft: 97/a 2% *2% 72Va 24 24 . *32Vi ' 42 'ft 28 *— preferred —*—__100 preferred— .1 ..100 100 ft: Chicago Yellow Cab__^_—..No par 300 Chickasha Cotton Oil .10 100 Childs Co —No par Chile Copper Co——i——25 49 par —. 100 " 2% *2% *78 85 *46% 85 *47% ■ ♦107% 24 ' *98% 29% 29% 108 *23% T 42 *2% 75 108 75 24 *32% 29% *__ 108 108 ft 3 29% 30% *29% 42 *2% 42 *2% • 58% .9% *96 • , 22 58% - . 100 *96 100 *95 2 cum div_^._No & Pacific— ($2.50) 44 Ve 100 l'A ^20 33 13 Pr pf Dec Feb - 5 23 12% May 21 Oct 400 - 1: 11% *1% . 4 Va Jan 5 Chicago Pneumat Tool—a-No par $3 conv preferred—_——No par 4% 31% 13% Mar 23 28 _ 12 •11% . 00 *20 pref!erredl___Zi—.....——50 Chic Rock Isl 27 2% May 2% Jan 2 Apr ) A % 11% 12% 1% Jun 8% Jun ,; % fs *11 'ft:,'.. Class A ——,——40 Chicago Great West RR CO; .150 5 Jun .• 100 30 1% Jan 8 A Jan 100 Jan 4 16 Order Co— 5% 98 Apr Mail 5 36% Jan 100 34Va ••,' 3?2 ♦11% • 400 14 Apr 24 % Apr 5% Jan 7% Jan 100 89 .100 Oct 15 95% 27 Va 2% Jun ft 49% -« V'lf "/8 fe : ft >: 27 Apr 5% Apr 22 2% May 23 No par Chic & East 111 RR Co Chicago , 93 100 5 , Preferred series A...—,.i ft *48% • *% Vs *% % " •■;• preferred Cab Mfg. , y 12% 16 par ^Chesapeake Corp.u——.uft—Nn par ft Chesapeake & Ohio Ry_—....—25 i.,,/.34Va 49% * 5,800 5 12% //; *32 10% >.*4%- 13% 13% 1% :> 10% 11 *4%. 12% 3 '•. //3% 1% -—No Checker 200 f; 3 '< 1% ft; 9% 36 *% % * ' *4% *% a7a % iff 1% *% 11% . 6% 5 11 Va May 21 Chain Belt Co..—_————No par> ft,/ 400 29% . '% 50 *48% , .3 •'ft"'! 9% 12% - *32 49 ft % 3 // / ft, *2% *" * 12% ♦ Dec ft 1 Va "Jan 9% Feb 29 Jan ft;/ 16 44 May 27 —.10 $3 preferred A Case 100 7 h;,*3% 93% 93% % *11% ! 1 Apr Va 9 ft. 300 f 99 *5% ft ,ft 30 "*11% » Aug 2'A Apr 474^2 Jun 100 16 14% ' ; Oct 2% 3 13 27 Carolina Clinch & Ohio Ry_. .100 Carpenter Steel Co.. :__5 Carriers & General Corp.——_^._1 ft 700 24% 14% 3% *3% 93% *1% .? 5 *12% *% *% 9% 9% ; : 1% *4% ■ 13 ft *49 3 3 *1% 9% 13% ' 45% Dec Jan % Jan 43 .V 8% Jan —30 Capital Admin class Ai.—^ 2,000 2 % ./ft *94% "■7 29% 30 *11 % • *% ft 1% 9% 5 > , 3 *1% *12% * Apr 21 112% Jan preferred—100 . 100 10 29% *15 ' 99 *5% 99 *3% 30 *81%?' % *4% 9% *4% ♦ 38 Apr 6% May 14 Canada Southern Ry Co_.—_—100 —i 85 - 29% /ft; 2 *24% *14% 7% 29% *2% 1% *9 V 41 1 par — tCent RR of New Jersey.. ft ft ft 2%;;/ft *2% 85 • 29.: ftft'ft- l7/s *15 96 3% '■ 2% *1% : 1 Dec 9% Apr 25 -ft ... 12 *11%/ :sv 90-1 24% ' 24% 15 *6 93% . % *% ft..' 23% , 5% Jun • ft. 25 2 11 Va Jan< 10 97 ft*l% 2% . *85 15 ft 96 . 29%. 3% 29% 30% *90Va * 96 ♦5% 7% ,: " 96 97 . *6% ft Jan 29% Feb Jan ' 103'A Mar 12 x ...No par Dry Ginger Ale... .-__5 Canada 200 ! ' *14% • 253/s a 1 <•16% 1 Dec 7 Apr 23 28% May 15 97/a Apr .17 Campbell W & C Fdy » " 2%-" *11% ft vft): 7% 1% ft; ":;:ft;"-' 97 *1% " .•;.: ; - ft, 17%. *1% •"•'1% *95 2% 12% 60 i/:;; 90% '7% 7 • *17% - 1,600 1,400 . 83 83 — / - *68:"' *85 90 24% -v.'. 2% r ; *85 29% 2 ' 29 2 *1% • ft 14% 16% Jan 170 ft 90 ftl'ftV 118 : ' 1% ft *11% 12 ft/ *2% 2% 90 *85 29% < 24% % *2% 2% 90 18 A Apr ,16 - *2% *85 Jan Jun 194 50% Apr 400 " •18% ft 118% '•>: 90 ft 98% 34% 18Vz • •• 18 ft*/ *1% -2% 18 69% ,, *95 98% *1% 2% r 18 1% ft' *95 98% •■- *68 -34% 34% • 18 J7 *6% 17% 134% v 83 ft *81 69% 1% 1% V 1% 90 118 ft • 7% 17% •ft 90 *115% 90% *68 ft/ftr N ' 83 : *6% 123/s ; 118- *81- 69 Va *95 2 *11% *88 69 Vs 18 - Dec par California i 100 > ft 121 ; 70 220 - ft Dec 6% *•;./ 5 7o preferred;— _ft_ ,_w_50 Callahan Zinc-Lead—i. 1 Calumet & Hecla Cons Cop___—5 1 ftft •ft'; 2% •:>* 2% r J 2% 66 17% 6 Va 9ft par ....j.No preferred 100 ft;"' 82 82 ' ' Dec 944 Jan 1 -No par Terminal—2..:—...1 200 ft'/ / Jan 16% 30 No par '*•. Canadian Pacific Cannon Mills 4,900 *2% "ft 2% >iftft - 39% 9 26 par Copper & Zinc Byers Co'(A M) —,— L.No Participating preferred Byron Jackson Co__—ft.No <■ /• 4 • Dec May 22 18% Feb i 400 1,100 ■•ftV% 10% 82 121 121 121 17% 53 28 Mar 2% Feb : 1544 Jan ft. 2 par Co——;—:—,-ft..i.._No conv Feb 5 7% Apr 28 4 —5 —.100 Jan 30% Jan 2 Mar 15 x par Butte 300 ft 34 66 *6442 ft 67% > 12'A .5% ■'•' 30 / 5"% 2% 2% • : 500 *10% 30 *22 18 18 83'; ' 7% ft *17% *95% * 16 No V Butler Bros.....— • 1,; 13% 11 *33: ft ■ !2% 2% 34% s 17 Jan 10 : 1>A Jun .25 25 100 Bush Term Bldg 7% 300 5%. 13% 30 , Bush 1,000 t ♦IT:- 'ft ft 6 82 '33% *115% ft 118% * *6% 7% ■i *69% !• - 120% • 17% ft *81 119% 82 ft *' 34% , *88 -5.: 91% 90 • *1181/2 i, ; 120% • 24 111% 21% ,Sep 21 Sep 3 % July 19% Jan .100 Burroughs Add .Mach.——_.No par 1,000 < 78 % .°o ' • - *2% ' 23 *22 - Dec : ft'' 351/2 ■;ft - • 2% 82 66 66 - ♦10% 30% 34 ."■' *% 4 *81 2% 18% > 170 6% *51 34 *33 f 13 ; 1,100 2% '17% ft 53 37/s *2 Va 23 *2% .'•ft •ft 65 : ft- 2% 2% , 17%- *29% 82 ■*22 23 *22 23 *2% . 20% Jan Burlington Mills Corp— 1 Conv pref $2.75 ser__—.ft;No par < 5% 1244 4 33 33 *81% 12 34 4 *30 30% ft .2%/ *2% 81 ft,' 4 4 *30 30% 81 81 23 / ■<; 4% * ftft 2% ft; 2% ♦33 • 2% 81 ft- 18% Mar 31 Bulova Watch.. 20% :i *6% ' 78 *13 10% ; 23 5% 78 *5% 5% ft, *29% 34 *29% 34 4 *30 31% ft/, *2% - ,. • 13% ! 10% i 10% 10% % *13 • 67/» *51 % - /'ft/ 5% 6 13% *13 11 *29% 34 ft *5% •z % A 6 13% 10% 11% ft *29% it *33 /; „ ft. 7% 204a ft 12 18 'A *51 //. Jan 23% July ;. 800 2%: ft; ••;•■• *2»A 17 12'A /ft 6 *6% 78 *11% 17% *13 ■ 13% 2% *76% *75 53 ♦% 6V ft 35 54 200 1ft. 200 ' 7% ftft 20% ft. 12% ' 5% 20% 6% 6% ift'ft .,*2% . 76 ; ♦13 5%. 5% 2% *51 Oct Dec Bullard 2,000 *21% 20% *17% f 21% 2% 53 /■ft 6 .5:7 21% *5% 18% *50i/2 22% *20% ' 25 Va Dec / t 2% 2% 18 Vs - 2% 5% *11% Sep 31% Jan Apr 300 55% ft *54% 7% 6% : Mar 17 preferred ft Budd Wheel....... ftii..•,'..; Buffalo Forge Co 17 55 7 7c 1,200 ft 23 *16% 7% 20% 6% 2 243,4 38 Brown Shoe Co^___—.No par ft/ft ft- 220 t Oct . 90 Apr 89 ...5 ; — 6% *2% 2% 12% ft 16% •ft: *22% 16% 55 - *5% *11% "• ft *20% *74% ■ t 17 Dec 12% 7 Manufacturing—^.^. No Bruns-Balke-Collender. 1,000 Bucyrus-Erie Co 70; ft. 7% preferred.... 800 Budd (E G) Mfg 400 12 16% 2% 2% 67/a 6% *11% 7% 5% *6%- 300 i 49%. 54% ft' 22 22 Dec 70 5 ...15 i. 2% 2% 20% 5% 2% 48% 7 V2 /' 2% 22 21% 1. 6"%.' i 54% 7% ■ft 10 Apr 21% Jan 16 Stratton_..__—.ft.No par. —5 No par Bklyn-Manh Transit ...No par /: Brooklyn Union Gas ....No par, ft » 109% 2% 6% 16% 2% .7% *75% - 55% . 16% 20% 1 2% *6% . 2% Jan 70 Sep 17 44 Jan ^..5 ' ; '7% "ft 2%' 7% 2%:; 21% 20% '/ 21/2 : ft/ft: 5% *20% i 7% ,/ • 17 Jan 95% Feb Briggs .& 12% 6% *15%/;. 16% *22 /ft 23 ! 23% 16% *16% 16% 18% 40% Jan Bristol-Myers Co ft Brooklyn & Queens Tr__: 100 2944. *106 12 *11%. 16% •22 23 ft Dec 13 Ve May 20 Bearing Coft— Roller Briggs 200 7% / ' 48% ft 6% 6% 12 ft 16% 16% 23 16% 7% 2% *11% *16 * 7% *2% *6% 12 23 i; *21% 16% *54% 6% , ftft; 16% *16 V 22%:-'/ 6% *11% • ;ftft 12 *11%. Jan 13 Aug 72 May 29 30% Apr ;28 Bridgeport Brass Co.—. .No 44 12% 6% 48 Va- 49% 48% 49% 4 109% 2% 2%, 2% 2% 10 Va .^15 (The)— Co 2,700 1% • *28 ■ 12% 6% *103. 106% *48% • 6% 6% 6% 12 22% 2% 31% 23 Vs Dec .12 20 May Dec Dec 5 14% Jan 3 Apr i30 25 ; par — Brewing Corp. of America- 35% -7% ft/ 29% *11% 6% *6% 106 107 8 par No .4/ 1,300 > 1844 ■ 44 *1 7% *28 12% *11% 6% *6% *106% *2% 'ft 49 •,*11% •ft. *161/4 6% 106/. hi 1% *7% :ft 7% ft 29% *28 12% *11% 12 106% 6% 107 15% $ per share .V.-1 No Inc Borg-Warner Corp._.^_ft^.. Maine —ft. Bower 7% 35% ■' 1 1% *7% 8% 29% *28 29 % 12 c 7 . '■ *7% 7% *28 .12% 7 f 1% V 7%.:: ./ • 21 14 13 % May 20 i 5 Boston & *26%" 128% ft - *44 '41 *1 1% *1 ft. 15 28 7% Jan 6O V4 Jun ^ class A Co Stores Borden 16% ft;' 18. 37 "hi 42 hi hi • 12% ; : •7% "•; *106% •i-'- * hi *1 : 29% *28 v 'ft ..'ft 1% *1 *7% ■tft • hi Ami Jun 19% Jan 24 2 11,% Jun Highest share per 29 , 14% Apr 5, Brass—? share 5 Va May 29 18% Apr . par Airplane Co__4... $ per $ per share Par ■■ —ft-lVo Co__ Aluminum & Bond 300 ' Ji ft Class. 60 ft 30 ■ft *7% ft 37% *26% 37 ft *15 16% *15 : *1% *27 30 , 28% 28% 22% 1%1 % ft •'••■• 18 / *35 V2 i 20% /, 22% ft 22% 7% 18 18 Bon 3,900 20 *27- 16% *26% 37% *35% 14% 14 .. 30 *15 7% *7% 7% 18 ' 3444 14 1% *1% 16% *15 ' 15% 14% *27 30 *28 30 V. 79% 34% 22% 1%- Bohn 10 *77%. 34% *14 20% *22% *1% ! 79 34% ' • Laughlin Inc_,»____'..„ Boeing 500 28% ft 28% • ■ Blpomingctole Brpthers^-.jw__JVo par Blumentfral & Co preferred.. 100 .11,100 79 19% 22% 19% • 10 16 i Year 1941 Lowest Highest " *14 14% *14 1% 18 • 29 ft *27% *77% *34% 22% 7% •• 28% 1 28% 35 20% ; 22% *15 ;■' 15% 29 Bliss & -ftio 15% 79 20 *28 31 *28'/a 15% *28% *1%' :L 1% 14% 29 22% V,-j< 23 . :r% 1% 14% 14'A " • Blaw-Knox 200 9% .*8% -" *60% 14% 19%: v. 11% 64% *11 »'9 '% ■ 64% *34JA 14% *14Va- 20 ' 500 1,200 5% .. Bigelow-Sanf Carp Inc___^,_._No par Black & Decker Mfg Co i—No par 100 > . 16 5% 11% *8-'A '23'A 23% *15% 5% .' Shares share per *60% 65 *60% *77% : 35 i - 17 11% "9%s *8 ; . *27%" *77% ft 79 14% ;> ' 66 14 28% 34% 9% *60% 11% *11 11% *8 , 70 28%! 'ft. 5% 11%' 12% ; 14y2 *14'/a ■; 17% 14% 79 f 1 5% *60% 36 23 23% *16 14 *76% f *22% 16% *11%: .*341/4 »■ 23% 29 *28'/a •ft *22% * 23 % *22% 5% $ Range for Previous 1 100-Share Lots of Lowest ft;,. ■ Basis On STOCK EXCHANGE the Week ;ftv.June 26 $ per share *15% 5% *'*8 V 60% $ per share - 15% 5% 9 , 60 % $ per share 23% 15%* 16 *5% • • *22% 23 % ,■•15% June 23 $ per share t per share , June 25 June 24 YORK NEW Sales for Friday Thursday Wednesday ' June 22 June 20 t Range Since January STOCKS PRICES SALE HIGH AND Tuesday Monday . 2423 THE COMMERCIAL & FINANCIAL CHRONICLE Number 41)85 Volume 155 13% May 21 % Apr 16 470 11 633/4 740 Nov July 16% Sep 2 105% Dec 114 18% Jan 26 12 Va Dec 20 -1% Jan 30 3/s Dec 1 Va Jan 2% Jan 31 Dec 3 Va Aug Feb 2 : 105 Jan 1 Jan 1 May 19 1 Jan 3 8% Apr 8% Apr 17 13% Jan 6 11 Dec 213/4 Jan 24 13% Jan 6 11 Dec 21 Jan 2 3/s Dec 2% Sep WXfiRllKfiJfjrr'Vetu; j" & FINANCIAL CHRONICLE THE COMMERCIAL 2424 HIGH SALE LOW AND Saturday Monday June 22 $ per •IV8 *3672 38 *323A , 1 67 35 35 1% 34% 1 78 17a . 34 Range Since January I STOCK On Columbia Gas & 400 34 36 *3172 34 *317a 34 *31% 34 657a 66 *64 72 653/a *647a 65 3% . 6% i 67 Columbian 500 No Elec preferred series A___ preferred- 5% ' , Basis of 100-Share Lowest Par 6,300 1 34 34% YORK EXCHANGE Shares *66 • 67 1 % 1% 1% $ per share share per *31 36 34 69 $ NEW the Week *34'/8 *34% *32% 34 *67 > : $ per share 1% 1% Sales June 26 June 25 share per 1% 1% VA $ share for Friday Thursday June 24 June 23 $ per share STOCKS PRICES Wednesday Tuesday June 20 Monday, June 29, 1942 Carbon $ per share 17a Apr par 100 -No par 13% Jan Apr Mar f 1 22 7% 29% 20% 21 77a 73% 7% 7 7% 28 V2 77a 7% Dec 4% 6 437a Dec 82 7a 7 427a Nov 72 16 64 Dec 83 72 Jan 29 . 774 , 73% 77a 7% Columbia 2,700 1 Pictures -No par -No par 24 .10 16 7a Jan 100 91 7b Apr 29 Jun 24 2074 Jan 2 273/a Jun 8 10074 Mar 17 103% Mar 5 78 Jan 2 73% Jun 8 29% Jun 2 227a Jun 18 4% May Apr * . *98 7a 29 ! 29 29 29 20 20 197a 20 20 *98% 100% 26 % 27 110 *101% 20% 20% *1% * 2% *15% 15% 16% 8% i3® 247a 2474 243/a 20% 20% *17e 23/4 *l7a 23/4 14% : 14% 16% 14% 14% 16% 16 2074 147a 16 1674 10% *10 103/a- *10 *78 83 *74 83 *73 7a 85 85 *85 87 *85 47* 4% *7% 13 /■'' *87% % "123/4 89 7% 1% 1% *1% 5 5% s.;, V2 * 7% 2 5 *7% *1% 5% *5% 6 *5% *5% 6 574 *172 6 5% 5% 5% 5% 99 29 *88 92% 12% 12% 12% 12% *12% 12% *2% 2% 2% 2% 2% 27a 93% 93% 24% 25 363% 12 2 5 *28 30 *28 897a *89 897a 12 12 "27a *2% 9374 943/s 12 *27a 2% 93% 37% 37% 3% 3 2174 207a 177a 177a *24 207a 1774 9% 83/4 *45% 363/4 37% 467a 4678 48 9 78 *46 72 9 78 945% ;? 67a 63% 37 37 3 *4673 29% 297a 293/a *29% 49% 48% 49 'A 487a 483/4 48% 4 8 5/8 *166% 170 % ♦16672 17072 *166 72 1707a 1677a 167% *167 7a *2 7a 23/4 *2 3/a 23A 3 .7 *278 ' 3 7a 7a • 11 87% *8672 13% 13% 13% 13% 38 173/4 *6 t 88 14 67a • *6 . *173/4 18% *36% 1074 103/a *77% 78% *7772 79% 78 78 247/a 25 *63% * 65 *9% 24% *63 10% 243/4 24% 65 1 1072 - *627a f 1. 5"% *93/4 1072 83 53% 49 50 *18 *6 5% io3% ;; 80 / 243% 243/4 ( 1,300 635% 633% , 300 243/a 25 63 63 *893/4 9074 8172 *80 8272 1 *9% *16% 16% *1672 163/4 *92% 1 10% 96% ♦927a 96% H 7a * % *9% u 87a 87a 8 3% 87a 14% xJ 13 123/4 57a ■; 123/4 6 5% 19"% 20 53% 57a 907a 8974 893/4 *78 82% *78 835/8 *78 82 920 y. 1,500 167a *16 7a 16 3/a *167a 16 3/a *167a 163/4 96%' *92 7a 96% *92 7a 96% 3/a % 3% 5% •(, 14% 19% 143/4 143/4 15 133/4 133/4 12% 123/4 6 19% 18 19% 90 *86 90 *86 7a 90 *55 60 *55 60 *55 60 13 13 12% 127a *14% 123/4 6 5% 16 19% 187a 14% 123/4 57a » 6% 18% 90 Dec Feb 17 13% Jan 3 11 Dec 29 374 Jan 15 28 29 ' 2% 274 103% Jan 28 2774 Jan 874 Jan Jan ; 7 Dec 6% 3574 Feb 33% Jan 16 2% 1093% Nov 407a Feb 7 Dec Apr 23 24 Jan 16 17% Feb 29 19% Jan 3 15% 12% Jan 9% Dec 13 51% Jan 30 48 Dec 24 333% Jan 28 28% 10 Sep Sep 47a Jan • Dec Mar 553% Jan 17 159 174 Apr 17 27a May 22 9 427< 24 5 % Feb 11 Jan 6 11 Dec 170 / 277a Nov 23% Jan 18% Jan .?• 56'% Sep 52% \ Apr Jan 33% Jan Jan 45'% , Apr 29 Jan 16% July 57» Aug 79 15 July 106% Dec Jan 42 25% Apr 4274 Apr , 77a July 30 i. 21% 20 26 Feb Jan x54 Dec Mar 1827a 2% Dec 4% Jan A Dec % Jan 19% Jan Jan 100 15 95% Jan 5 88 Dec 107 2 ^ 12% Jan 2 14% Jan 12 10% Dec 19 Jan 17 4% Jan 9 July . 8 • 14 ; y Jan 5 15 Dec 27% Jan Jan 8 387# Dec 45% 11% Jan 20 10 Dec 15% Jan 77> May 19 88 7a Jan 15 80 Dec 04 3 28 Dec 477a Jan 2 73% Dec 08% Jan $5. preferred conv *86 *55 60 *55 >5% Press *127a 127a *12% 127a V: 13 2> 83% May 29 , 13% Jan 83 14 1% May Feb Oct 1374 Nov %Jan 9 140 Jan * 27 Jun 3 72 Feb 1277a Sep Feb 7 41% Feb 77 Dec 1374 Jan 37a 14 8 8% Dec 16% 8ep Jan -5 (The) Preferred 13 Mar 14 16% Jun 19 12% Dec 25 Jan 90 Feb 18 98 20 68 Dec 09 Deo 13 Jan 2 No par —No par u % Dec 13'% Deo 12% May 2 57% May 20 1 A Jan % Apr 4 1874 Mar 27 18'% Jan 3 16 Dec 9 7e Jan 6 13% May 18 No par / 1% > 45 Jan Jan 34% Feb 6% Dec 107* Sep 1 18 Jun 24 25% Jan 12 24 Dec 100 80 Jan 19 88 Apr 30 80 Dec No par 44 Jan 17 56 Jun 3 42% Feb 47% Mar No 12% Jun 22 173% Jan ,14 147a Dec 20 2% Dec 14% Dec 4. Cushman's Sons Inc 7 % pfd $8 prefened 900 Jun Jan '/ —100 ^ Prior preferred Curtlss-Wrlght Class 25 : Jun 747a Jan —30 preferred—.: Curtis Pub Co 36 88 —100 Inc_ 197a Feb 7974 Jan » 8% Jun 26 : 5% May 21; —100 Cudahy Packing Co Mar 63 —100 preferred— 9 < 8 233% May 20 100 Sugar—. j. conv par 1 1474 May _100 preferred- Cuban-American 5% May No par preferred conv Cuba RR 6% 60 13 No Crucible Steel of Amer , 4,800 90 13 13 Dec B3 15 41 170 1,200 18% *86 7a 100 9,000 , 60 90 14 15 Apr 27 57a % 1,900 , *55 7a 15 967. Jan Mar 27 ■47a % *86 7a v 6% Jun 31% Jun 2 10 Cuneo 1274 6 19% w 16 12% 6 7 21 . Jan 32 ; % - Feb July 17 (The) preferred Preferred t. *92% 7a ; 93% *97a 3% 45 —25 preferred conv 300 , 96% 9 7a 97a 13 11 II Apr 10% Apr 85.* Jun Zellerbach Corp 100 ; »i672 10% " 8 74 Jan 67a May 9% Nov • , 5 $2.25 Crown 1,300 , *9% *85% 12% 5 74 *893/4 6 6 1978 5 74 90% 1074 *9% 14% 13 5% 90 37a Dec No par No par 200 *92 7a 10% 14% , 53/8 , Dec No par 50 65 Deo I7i Crown Cork & Seal—. 400 ; 3674 10% 24% 7 5 17 —25 — conv 17a July 15% Apr 8% Apr y _1 Cream of Wheat Corp Jan 1073% .Jan Dec 30 Apr __1 Co 8 Jan 23% ,« Dec 7i 29 303% Apr .28 27% Apr 29 C , _20 Corp X82 Jan 87a July 67e Jan 21% Apr 63% Jun . 100 Internat Dec 7 2 74 Apr —50 Refining 9 103 Crosley Corp (The)-—— 3674 24% Products It Jan 2% Jan 77 5 series (f> T Dec 15% 97% Jan 3 ; I Del 23 7i s Dec H'% 4 16 Jan 4% " 14 43% Jan $2.50 Inc 80 500 38 *77 7a of pref 5% Crane 2,300 107s 80 93/4 18% Oil Feb Jan ' 94 , ' —5 Motors—; Coty 67a *18 18% *3674 Apr 17a Jan 20 - 14 Apr 9 tT, Mar 27 7 Feb Jan Jan 4% May 13 5 % Jun 25 par 100 Inc 4 May. 100 Preferred 900 v pfd Insurance— Coty 14% 6% Corn Exch Bank Trust Co Corn 2,600 893/4 133/4 90 —5 preferred Conv 23/4 : 3 11% Apr ,25 Continental Steel Corp——No par. Copperweld Steel Co_. „5 oA/7'- 40 k 1707a *88 6 5/8 *777a 83/4 30 Cuba 307a j 14 No par _No Continental Diamond Fibre 100 MVe 79% 53/8 893/4 8172 83 53/4 893/4 Jan 18% Aug V 7% Jan 78 v V Dec 97% Feb 3 12 8 % 300 48 1VA 103/a 1074 57a ' 95 *90 II 65% July Dec Apr 20 4 %Jun —25 ' 5% .- Oct Jan Jan 11% July Dec No par Continental 1174 10% *63 7a ' 97i 77 ; No par 1 Corp Continental Can 900 5% *77% 65 110 1874 28 24 Jan .500 ®% 88 7a Y Dec 113% Feb May 4,700 % 103/a 243/4 Dec 89 22 ; - N 16 82 200 V % *6 38 1074 77a Apr 25 No par 7 ! 9% *25% ,14 7a of Continental 177a ; of Oil Continental 1707a 23/4. RR 1,700 4874 49 1707a par 2,700 •30 887a 6 S/8 18 3% 107a 3% No Edison < 207a *47 *13% 38 10% Dec 83 —100 —5 7 87a preferred— : ,3 % > k97% Feb Continental Bak Co 700 :: 2074 30 prior 37 ; 117a 8872 14 -,*10% - * % *3674 ; 48 11% *173/4 173/4 38 *s/a 11% 147a • *3674 3/4 ■ 88 *14 67a *293/8 30 11% 11 88 88 *6 18% *36% / *7a / 11% .*86% *17% ; • 1 100 75 Consumers Pow $4.50 pfd Container Corp of America 3,000 *163% 7 48 *25/8 *29/ / 7 63% *87a '-974 48 ( 24% 3 29% 6% 25 Consol 2,700 25% 24% 67a 3 7a 17 *8 7a r 21 % Mar Consolidation Coal Co— 25 5% conv preferred——100 300 24Va 49 % ♦6 Dec Consolidated 7 12 *92 21% 17 2074 *163/4 -% Nov 700 y- 30 *897» 3 18 11% 274 1374 300 57a 77 6% 21 *'% 20 7 13 $2 partic preferred Consol Laundries Corp 6,600 6 67a 83/4 11% 6 33% Jan 16% Jan _25 —No par —No par $5.preferred— 7 Film Industries— 400 . 5% *53% 37 37 7 *5% 29%. ■ 23% Jan Co__ Consol 300 55/8 1B% 20% 3 17% Apr 29 (l%Jun 3 12 % Apr 22 15 May 20 1,100 ' 5% 243/a *163/4 *2% „ Edison Consol *5 7a 24% 9 48 Dec 67a % . 5% , 12% *93 95% 19 *45% Dec 39% Consol Coppermlnes Corp 9,900 i; m *15% 24% •v. 21% % 6 Aircraft .Corp— 1 Consolidated Cigar —No par: 7% preferred 100 2,600 13 *774 5 7a *63/4 - 678 678 : 87% 92% *2% 21 *8% 8 Consol .200 < "A /■•./ % ' *17 10 33 Jan 447a Jan :'//// "40 127a 24% 3 '73 V' 21% 9 3% Jan 4 Congoleum-Nairn Inc.— 4,300 v 4% 29 *88 7a 37% 26 7% May 12 7 t Mar 104% Dec A Jun ; — 863% . 2 5 5% *27 37 7% 6 92% >*36% 774 5% 29 7 7% 5% *93 800 v " *275/a *6% ■% 17a *88 1 13 88 5 92% 25% 1074 474 472; eYn - 31 Dec /'19% ,"23%Jun " t . 87 127a l5/a i 96 Dec . conv Conde Nast Pub Inc— / ,/ 83 X873/8 6 - 10 ■r, *85 % *7% 163/4 7*75% 43/8. . 167a 103/a 13 5 30% 95 4,700 . . 14% -83 8972 /a 5 *28% 25% 4% 2 5 *88% *93 2,300 ,i 23A • *1474 .87 123/4 * 7% . *1074 89 , % 178 1074 43/8 13 *88% *3/a 7% 4% 43% 90 127a 13% 88 .*% 20 3% *17a ■ 16 3/a 85% 13% 2074 * 23/4 147a 83 88 2074 *178 - *78 ' l6/a t Jan 7% Oct 287a Aug .2174 ,5 Commonwealth 41,300 ' 167a 101 19./ Jan Apr July • : *10 -4% : < y par : Commonwealth & Southern -No par $6 preferred series —No par 2,700 i- A 245% —No Jan pf ser '35— —No par Commercial Solvents—.—. -No par " *84% ■'4% '' 32 243% preferred conv $4.25 83% 3 tV 243% Credit— Comm'l Invest Trust— 4,500 ; preferred. conv AXA% 110 8% 8 74 300 I 25% >101 $2.75 Commercial ;3,400 " 23/4 15 16% 10% 85 / 1007a 25% 400 > 193/4 1007a " •tV 24 5/« 80 *78 .• 8.7'.:. »« • 85 y! *10 h t*ff 20% 20% 20% 1% 143/4 16% 257a 87a 8 8% tiff 24% 25 20 ;• 25% *101..... 110 110 29 19% 1017a 2674 *101 20 *10072 8% ' & 24 y* 25% 110 29 19% 101 26 26% *101 ■ *28 287a . a7® 8% 8V4 v 25% 253/4 263/a 106 101 100% 100% 100% 257a *101% 8% 29 20% *28% $ per share Jan , * Highest per share 3 457a Jan 54 17 32 51 . Year 1941 Lowest $ per share 28 32 74 Apr x 100 Co Range for Previous Lots Highest Cutler-Hammer Inc par 29% , Jan 90 Aug July D *278 . *14% *9% *107 *2 7a 18% *1472' 97a 21 % *107 6% *2 7a 33/8 187a *974 108 *6% ■ 378 *153/4 *107 - *14% 972 3% 18 *9% 108 *107 *2 7a *14 7a 672 *63/8 67a *63/8 6 5/8 213/4 2172 21% 21% 26% 267t 2674 2674 2674 10% 10% *10% 1174 *1072 11% • 3% *2 7a 18 *147a 95/8 9% *107 213/4 22 :V : 9% 108 6% . *26% 1 *2% 16% 972 97a 108 3% 108 *107 6 3/« 108 21% 2174 -'26% 26% *2674 *10% 11% *107a 6 3% 213/a 217a *263% 263% 103/4 *107a 11 77a 7% 7 72 7% *73/8 3 27a 7% /: 3 7% 27a 27a 2% >27a 27a •\s *% 'is Trff *% 1V "A i7o 16% 16% 16% 16% xl67a 167a 16% *163% 17 1678 16 17% 17% 17 7e *21% 2274 21 21 *35 VJ 36 *35% ' 8 36 l83/4 79% *8 < 36 17% *78% 87a *8 3474 34% 21% 21% 21 113/4 117a 107a 52 *110 3/4 113% *109 *13 S/8 14% *1372 *3% 4% 10 113% *122 1153/4 21% *2% 1227a 1153/4 217a 3 8 37 74 *73/4 8 ' *73/4 8 *73/4 18 18 18 173/4 80 *79 80 *78% *8 74 8% 37% 200 8 400 1774 5% 8% * 100 1,300 113 113% 1133/4 *13% 137a 10 *3% 4% '9 9% 10 *9 *13 7a 1474 *3% 4% *37a 474 *9 10 *11874 9% *9 9% ♦118 *11874 33% 112 700 800 *115 112% 113% 1123/4 113% 112% 113% 1223/4 123 123 1227a 123 12274 122 116 *21 115 21% 2% 217a 2% 172 172 172 115% 21% *115% *217a 116% 22 *1153/4 21% *1153% : 213/4 *2% 3 •27a 3 3 1293/4 13074 129% 130% 172 172 28 ^28 *171 172 ' 1707a ♦1707a 277a 277a 27% *273% 28'% 123% 1274 1274 *11'% 12% *11% 253/4 25% 24% 243% *24 7a 25% 24% 25 243/4 25 10% 103% 105/a 10 5% 10% 10% 103/4 103/4 103/4 103% 28 127a *113/a 12% ' 1 *1 1 174 *1 17a 1 1% 1,200 27a 500 1,800 600 $4.50 Duquesne Light 5% cum 317a *303/b 31% 31 227a *20 5/8 22 7a *21 22% 200 El *44% 47 *44 46 *4474 457a 200 1107a 1107a *4874 50 48% 48% *497a 51 *49 58 *50% 54 * 78 For A footnotes *7a see 1,700 iV page 2431. 118 May 34 Jan 16'% Apr 274 Jan 17 2 1167a May 26 277a Jan 3 33% Jan 13 Sep 160 Apr 182 Va Jan 27 Deo 36% Jan Mar 28 176 Jan 26 May 16 31% Jan Jan 21 2 277a Jun 18 107a Jun 2 13% Jan 5 A Feb 16 17a May 28 15 57* Jan 8 7 20% Jan Deo 13 Jan xl May 1% Jan 145% 141 170 5 24 117 1207i May 24 Apr — Apr 29 Jan 2 Engineers Public *48 50 487a 487a *48% 4974 200 51 50 50 *49 $5 preferred 51 100 54 507a 507a $5 *50 55 60 *7a A 200 Dec 11174 July 3 *50% A 127 No par *4974 A 164'% Jan Feb Storage Battery 50 A Deo 120% Paso Natural Gas Elec 54 *% 13674 7 15 51 A 2 No par *50 7a *% Jan 126% Jan 24 111% Mar 14 2 $6 preferred *48 . Aug 144 Apr 27 23 *49 7a 51 *51 17a 105 102 3% May 20 1 Endicott Johnson Corp 5% preferred 17a 17 Jan 14% Feb 17% 173% Dec 33% Jan 10 Deo 17% Jan Sep Jan *20% 17a 119% Jun Jun 6'% 10'% July Nov 22 17a Deo Nov 45 7a 2 Deo 6 36'% 45 7a 17a 26 2% 20 Feb *20% 2 Feb 1 Jun 237a 207% *1% 112 4% Jun 10 Jan 23 7a 23 447a 2 8 79 141'% Jan 323% jan 20% 2 Jan Dec 120 .20 .; 28 8 Dec 12% 4% 447a 2 23% Apr par 5974 ylll7a Sep 39% 47 2 3 Jan 177a July Deo 22% 10 3 15% Jan Ocf 237a Feb *44 *110 6 12474 Jan 9 37% Dec 8/a *21 >110 707a Jan 29 Deo May 27% 32 ♦110 May 21 Apr 17 x9% 8 *313/a — 51 95 323% 23 207a *110 14 6 l'/a Jan 237a *2074 — 18 3574 Jan 23% 20 3/a *110 12 2 237a 2074 1,100 36 187a Nov 3% Jan 2374 203% 31 7 1774 Apr 1% 24% „ 13 Jan 13% Mar May Feb 133/a Jun Apr Jan Jan 9 227» Jun Jan 187* 86 17 2 18 10% Deo 79% Apr 23 8 Apr Apr Sep 12% May 65 16% Apr 8 6% Apr Am shares— Electric Power & Light No par $7 preferred No par *% 31 9 1 Elec & Mus Ind *19 7a 31% 9 18'% Jun 5 16% 3 *22 7a 31 9'/a Feb 7 Jan' 323% Jan — 23% 32 11 70 8 * par (The) 21 3174 Jun 16% Mar par par Edison Bros Stores Inc *22 3/4 400 Jan No par No par No par Boat 20% 41 7 No par No par preferred Auto-Lite 600 Deo Manufacturing Co Electric 2,800 33 4 6% Eaton Electrlo 7a 12 108 100 23% 38'% Jan 5 1,400 7a 24 No par 100 1,700 20% Jan 3374 Apr Mills 103/4 *22 29% (N J) 12% 17a 207* Deo Rolling *193/4 *1 Dec 21 Eastman Kodak 23% 1% 12 % 19 Eastern Airlines Inc Eastern 21 *1 27 \No par 1st pfd100 ♦207a 23 74 23 74 Jan 2774 Jan 100 25% 800 Dec 21 28 (E I) & Co preferred 103% 1% 18% Jan 5 Apr No 25% *1% 2 Jan No : Casting Co Douglas Aircraft 70 28% A Du P de Nem Aug 74 Aug 18 100 Dow Chemical Co 1,500 July 6 3% 14% Apr No Dome Mines Ltd 6,800 ' 150 172 Class .14 14 No *lls% * Deo par -25 2 Corp-Seagr's Ltd pref with warrants Doehler Die Jan par preferred Duplan Corp 8% preferred 1293/4 28 28 7% 117 22% 27a *129 171 *27% 1% 22 3 131 *127* 1% 122 74 partic 1,100 1133/4 122 117 1293/4 172 113% 3/a Jan -20 Dresser Mfg Co_ Dunhill International *118 113 Aug 18% No Match Dixie-Vortex Co 50 22 ■ *122 7a Sep 307a No ; Raynolds A Diamond T Motor Car Co Distil 100 55 33% *21 6% 1,500 81 54% 129 1% Devoe & Diamond 54 128 3% 1 160 300 53 112% 28% Detroit Edison 4,500 173/4 Jan >1 Oct Jan Apr Sep 3,800 1293/4 174 8% 114 Feb Feb 100 Sep Sep 117* Deo 0% -h 117a 13% 27 20 6 113% 113% 27 2% 117a *13% 18% Feb 11% Feb 27 3372) ♦1117a 14 29 28 22 4% 2474 Jan 27 11% 14 25 % Jan 217a 112 97/a Apr ; 4% Jan 33% *372 • 10% Jan ll3/4 112 -20 2 337a *1374 par ..10 874 18 5 23 16% 21% 4% 16 18% Apr 29 257/a May 5 8 8% Jan 47/a Apr Jan 7 113/8 14 110 674 Apr 109% July 2'/a May 21 337a 112 18 , .100 21% 53% No Preferred Mar 8 19 -50 113/4 533/8 Co & 102 —1 16% May 11% Jan Delaware & Hudson 217t 53 Deere .100 pfd Inc 17 10 33% Jan 4 7 - Delaware Lack & Western tDenv & R G West 6 % pfd. 337a 523% 83% Apr 2,200 113% 5274 15% Jan 2,500 2174 1293/4 *1 *36 7a *787a 8% 27% Apr -25 Deisel-Wemmer-Gilbert 22 22 *177a *8% —5 (The)—. .—1 Co. 73/4 a 17% 8% 100 iff 173/4 *35 « 22% Decca Records 800 11% *118 114% *163/4 *217a 2,800 7 > *3372 *3% 97s 173/4 22% 36 Chemical Dayton Pow & Lt 47af« 1,800 21 54% *118 *163/4 36 Davison 3 73/4 /:/■ 3 80 *8 34% 8 *21% • 36 *73/4 18 *335/s 54 17 22 8 177a *78 87a 17 *21 80 8 8 185/s 79% 17% V 217a 2678 3 •'/• 17 200 6% 77a *A 93% ' 63/8 75/a ' Davega Stores Corp Conv 5% preferred 18 *9 74 3 '■ 3% - 7a preferred $6 preferred Equitable Office Bldg— 3 267a Jan Deo % Aug 343% Aug 18 213% Deo 33 Mar 16 397a Feb 477a 16 1117a Apr 11 107% NOV 113 Oct 174 Apr 17 100 3% Jan 5 2% Deo 7 Jan Apr 107% Feb _1 —No par _No par 32% Mar '/a 2 263/a Feb 1974 Apr 24 393% Apr 27 .50 Service 1% Jun 30 Apr 28 66 Jan % Apr 47% Apr 30 73 Jan 5 No par 25 83 Jan 17 No par Feb 21 V* Jan 5 . 40 49 46 July Sep 64% Deo 807* 69 Deo 747a Deo 837a July 89% July A Nov 7a Jan te'l*iciii'ffl . Tuesday Wednesday Thursday June 22 June 23 June 24 June 25 6 J/4 6% 6>A 5% 5% 35 VB *2% 2% 63/8 6% 6 3,8 53/4 53% *33% *23/8 2% 4%: 43/4 21 *20 ¥2 '/a 21 *% *2% 2% 23/8 2% 1,000 43/a 4% '4% 4% 4% 4% 4% 21% *20% 21% *20% 21% 21% 21% *20% v 1 1 1 Eureka 300 2% 1 ■> 2% *% , Ex-Cell-O 1 ' > •' *20 ' 21 *6 ' 1 '• 7 ■ 20 r: 19 % ' -6 *30. 30% 30% Y • 31 Vi 19% 63/4 31 31 *31 *19% 20% *19% 20 Va 6% 20 6% -63A' *53/4 ♦6 78 *20%; 78 20% 207/« 78 :.. *76 80 *76 80 ■. / 20% 20% t *20% 203/b *20% 20% r : • *8 3A 9% - *8% 9% 83A 83A " ; 75% *75 : 10 , "8 % 13 "13 *75 ■ • , 9% *3 3/8 334 *3% 12% •*123/4 133/a' 13% *75% 78 : - ' 33A : *8%' - 93% *8% ,'r'Y 363/4 37% A 93/8' 14% 15 % 15% '< : 15% •'96% 96% 7 96% 97% r i *96 V4 32%; f ■ *31% 32% / • '? 10%: 96 103/4 18% ' 1- r. 33/8 * ?> .30%" 30% 123 16 *45 30 '•• 15% 15% 37 15% 98 . . • Nov 2 2% Jun 12 1% Dec 3% 24 53/4 Feb 24 4 Dec 83% Jan Jan Mar 24 21% Dec 30% Jan II May 28 it Dec % Jan 26 May 20 28 37% Jan 16 32 Dec 45% 22 293/4 Jan 29 16'% Jun 247% Mar 22 8'% Jan 5 6% Dec 13 Mar Jan May 100 Jan 6 4'A% conv 18 24% Jan 16 19% Dec Apr 15 10% Feb 10 8 3% Dec 3% Jan 2 93 Jan 263% July 14% Jan 4'% Feb 4 2% Apr 4'% 11% Apr 28 18'% Jan 7 14 3% Dec 27 % Sep 77' 87 Jan 6 86 Dec 97% Jan II Jan No par No par preferred—y——100 Federated Dept Stores—.;-1 " 90 Apr 8 _5 Corp Federal Motor Truck / 100 31 201 x73% May 14 2 Federal Mln & Smelt Co— Federal-Mogul 500 42 % Jun 200 . . 9% - Mar 12 98 *313/a *15% 323's 98/. 32 29% 29% *93/4 *30% • • 30% *16% 17% *16'A 91 *88 2 *1% > 17 3 Va/ 80 A 30 ; *9% 10% 122 30% *30-- 31% Jan 1.7 87 *16% 17 88 *16% *87 91 500 'Ay; Y"//' Dec 7 Jan Jun 35 Dec 9 Dec 13% :5 24 May 32% Jan 14 12% Jan 26 May 28 114 134% Feb 21 27 Apr 9'% Sep 20% Dec Jan Jan 132 Feb 105 Jan 32% , 17 May 29 7 10% Feb ~2'/a 45 3 36 May 27 Dec 9 Feb 40 May Jan 41 July 383% Jan 3 32% May Jan 3 18 Dec 23% July 94% Jan 29 15% Apr 24 85% Apr 10 —1 .100 - 28 9% Apr 5 Co—— 3ya 13 5% Jan 13 preferred Apr 21 Mar Trailer Jan 25% 19 Jun conv 33 7% Dec 30 Jun 5% Dec 17% 11% Jan 5 • 16% 5 36 3/s Mar 40 20 :!; ,v 6 10 16 Fruehauf 100 7 , Nov 103 Dec Jan 20 May 22 Feb 27 5% Mar — Co— Jan 16% July 213% Feb 27 No par preferred prior .Tan 42% Dec 98 Jan 105 Dec 8% Nov 18 % 317/a May 6 ^imon & Co Inc 7% pfd—100 Freeport Sulphur Co _10 6% • Sep 13 Mar 21 9 —No par 25 90 3 15 Apr 21 3 10 5 39% Feb 96% Jan -Mar 30 — 92 %■ Jun Sep 45% 12%, Dec May 14 15 18 9. 11% Apr ; 16 Dec Dec 12 2 86 F'k'n ___ ./A 27 9'A.Jan —10 — Francisco Sugar 200 5% 53 Jun 1 $7 conv preferred 100 17 5% *45 98 _-_10 Machinery Corp Foster-Wheeler 110 122% *14% " 27 .-^100 Corp—; preferred conv Food - 500 r 5% ' 19 87 % Apr No par bFcod Fair Stores Inc 900 " • Steel Follansbee 500 300 *29 .A , 23 Feb 34'% Feb 3 11 29% Apr 30 ' 8 % 19 413% Jan 87% Apr ■ Florshelm Shoe class A__ 53 . 300 9 53/4. /' 30 , 91 „ /" 32 10% *5% 17 *88 V V 9 121% *45 30% -30% 1,400 •. *30 v, 30 *14% 53A 16% > 9 *118 53 *45 53 91 16% >88 - 9 17 *5% 53/4 *5% *45 Y*3% 32% 32% *93/4 *14% 17 *15% 3% < *3%- 1203A ' 203A 93A ♦118 121% V 18% *19 9 93A ! *17% *28% 10 i 96 18% 29% /29% - 11 *86 20% 33 *8% . , '3% '*3% *30 .' 9 *103/4 ''r 96 *17% 203A 400 , *19 18 *19 3% 121% 30 17% Xl8 203/4 * 103/4 .• .. 11 *86 V 183/4 - 53/4 " 8 'A Apr 10 100 First National Stores— No pdr Flintkote Co (The)———No par $4.50 preferred___ -No par Florence Stove Co— No par •' 500 98 31% • 2,000 29% Apr 29 Firestone Tire & Rubber "6% preferred series A— —_ 15%. 1-.; 21 Fidel Phen Fire Ins N Y—$2.50 Filenes (Wm) Sons Co——-No par 1,400 14% ' 7% Apr 1 Enamel Corp— Ferro j —_ 37 - *7 *97 . 11 96 Y 53 91 *103/4 *86 33% 9 16% Y 30 31 *88 *8% ' 14% 31% " 31% • ; # ' *3% 122 *45 *16 9% 37* *7 *963/a 33 % . • . 9% *5% 53 31 293/4 *15% 5% *5% 9% 122 123 16 ! *8% 36% « 14% 103/4' *17% t' 3% 9 5/a 10 *93/4 37 96 ; 18% ; 333/4- / * *9 .9% *9 • 3% 33% *33% • 33% ' *86 20% *17% 20%4 3% ■,V 153/4 10% "• r 18% *86' 19% *18 V ;; 96 • '-*19%' 80 Aug Dec 19'A Jun 100 ' 13% *75 7% 30% 27% Apr • ■: 11 • •"13% ' 80 15% 98 ..*31% ' 32%; 32% • 33A *3 13 *7 : :• 14% *7 16 ! 3% 13 Y. " ♦75 Dec 27 No par ' '*15% 11 1 .... -93%..'. *8% - Y 363A 1 37% *7 '*86 13%. 78 ■ : 37 f 14% • ' • Aug 2 3% Jan ■ 300 .; 10 Dec 6% Mar 10 44 it, 37% *7 3% / 35/8 " 78 78 * *75 *8%93B *37 : •':*8% ' f ; 33% ::-':78 '• 20% 12% 33/4 *3% 1 " • .20% .:»• ' 9% v..*83% 9l/a • ■ 4'% 20 Highest $ per share Fajardo Sug Co of Pr Rico 20 Federal Light & Traction„^__u._15 / $6 preferred ; —-—No par ";: F * * .*. 4 ye Apr Fairbanks Morse & Co 200 ' 75%: *74'% *74%; *20 % ■' .5 ^__3 $2.50 7% Jan share per 23 - 1,100 < 7'A l%Jan Buffet Corp__ '• 200 31% 31% 20 19 % *53/4 • 6 v.-,.* 1 ♦30% 31% ; 2 20 Year 1941 Lowest JJ Jan Exchange — ■ *30 2 Corp__ Range for Previous 1 Lots $ per share 4 3% Jan 32'AJun No par Co^ Products Evans 200 • 4% Jun 100 Cleaner_„——5 Vacuum 100-Share Highest No par Ctfs of benef int 5% pref series A_« 1,500 of $ per share Par tErle RR common 6,000 34% Basis Lowest —, 47,800 6 34% 2% 4% *20'A 5% 6 34% *4% " *4% 6 3/s 6% 6 3/8 5% 34% 2% .< Range Since January On STOCK YORK EXCHANGE Shares 6 34 NEW the Weeic 34 53/4 34% Sales $ per share share 6% 6% 6% 5% 34% 5% *34 $ per $ per share $ per share $ per share for Friday June 26 Monday June 20 34% ■ 2425 STOCKS SALE PRICES HIGH LOW AND Saturday $ per share 'JM suvtss?'J fimi lUtiUwin UW a»i w1 WKM«MwmyHini ■ tiamit»Mht* THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Volume 155 •' 28 933% Dec 69 19 < Aug yy *1% *1% 2 *1% 1% 18% 2% *63'4 18% 2% 2 5,8 2% ♦2% 2% 7% 73/8 7% *6% *49 4 % •; ■ 36% '3% ::: 9% .' 400 *113% *3 % 4% *124 25% 30% > 30% •113% *113%' 118 j; / *2% :/•/;- 100 y 2% *125 303A r; , 7% 7% y; *17% • A 303/4 25 *113% Vs *72 127 % 75 37% 3-7% *113% '• 25% 30% 128% '• ; 127% 72 78% 128% , 36%. ♦18 *1% 2 106 12 12 v ; 100 4- •fAl) *100 107 4 ;< •101>/4 , 7 7 19 : -r 14,600 16% 14% 14% .7 12% *12 *103 10% *9% •;*.. 33/4 Y' 3% *48% 7 50 *15 *1% 11% *± 4 106 '• ' , : 10 10. . ■: 4% 55 % 13% hi 1% 1% 85 >76* ' ■ - *12% *103 13 110 ; . *9% . 16% Y 80 >79 3 >60% u f ? -V % 43/8 .4 % 29 *23% 25 15 143/4 10% 3% 50% 4% 4% 10% Feb 20 85% Dec 12% July 52% Jan 22 47% Jan 53% May 5 % J an 1,300 i 33% Jan 106 1 Apr 23A 15 4 11 5 101 16 104 24 2 4% Jan 119 28 Jan Sep 55 Jan 3 '/a Dec 16 7% Jan Dec 2% 144 July Dec 115 20 5 Mar Jan 28 2 Dec 6% Jan 93% Jan 14 6 3% Dec 157/b Jan 4 73% Feb 97 Mar 2 16 Dec 22 Jan 16 118 Dec 130% Apr 283% Jan 5 Dec 35% Jan 16 6% Apr 15 May 20 90'% Feb 25 20 29 127 21% Apr 104 Dec 15 10 Apr Oct Jun 39% 33% Jan Jun 165% Apr 53% Apr Jan 46 3/4 Feb 25 2% Apr 3 28 • 243% > Sep Oct % May 13 No par 61 33% Feb 42% Sep 20 112% Jan 117% Aug 15 % Jan 1% Nov Mar 25 102 Jan 9 Jan 3 . Apr 16 131% Feb 10 30 < Jan 2 38'%: Jun Apr 16% Apr 10 126 ' Jan 20 30 64% Apr ;• 29 83 - 9, 38 28% Dec 6 121% Dec Jan 3 27% Dec 3'% Jan 6 12% Jan 5 3% Jan 31 Sep Jan 48% Jan . 127% Aug 10 par Precision Nov 91 132% Dec 10% Mar 11 par 104 Jan 78% July 125 13% May 13 122 par -—No r 5 Jan 13% Jan 116 • 122 100 10 —No A— 40% Jan 233% Apr " 24 111% Apr 29 I No par Gen Public Service— 300 Gen 107 10c Railway Signal— 6% No AA 4 ■ 103% 800 200 General Refractories Realty Utilities & 58 150 Gen Steel Cast $6 13% A' 14 14 700 >*12% 12% General *9% 6% Jun 4 Jun 18 Jan 2 10% Apr 109% May 13 % 3 48 4% Dec 105% Majr Mar 4 3% Sep .. Jan 1,100 Gillette 50% 3% 50% 4% 4% 700 Glmbel Brothers—™— Glidden Tire & 12% Feb 5 107% Jun 5 % Jun 7 %; Jan 110% Nov Mar 11 8% May 27 55% Jun Rubber,Co 5 12 13% Mar 30 11 May 21 105 Jun 15 .7% Jan A 12 Jan Dec 16 % Jan Jun- 106% Jan Nov 98% % Nov 18 Mar 26 par ————.—100 General 27 23 . % A 3 14% Apr 28 Telephone Corp—— 20 Corp——No par 500 % Jan _1 —; 10% Apr 23 No par —No preferred—No par preferred 1« 101 Gen Time Instru *103%' 108'% ' _1 $6 pref opt div series—. : V- 100 700 Gen • par preferred JO 4% *51 55% 14'A *13% 14'% 500 *40 41 40 *38 42 100 % *% 13/4 *13A 16%. 17% 70% 16% •16% 2 ^A 2% *2% 173/4 7 • *2% - 70 82 16% 16.3/8 *4% ; ,4% 4% 7% ,7% x 9 Dec 29% Jan 8% Dec 11 '/a Jan 46% Jan 80% Sep 16 Dec 24 Aug Dec 22 Jun Mar 112 Dec 9 16% Apr 19% Jan 5 14 Feb 7 79% Jan 19 Jan 5 10 20 16% Jan 16 13 Feb 24 102 110 103% May 28 5% July 25 Dec 28% May : 6% Dec 14% July 300 Granite City 300 Grant 283A *233/4 24.%; *233A 24% *233A 147A *15 197/a 139 139 53 *50 53 *50 29% 30 30 *29% 30 11% 11% 11% U% 11% 11 *11 11% 9% 9% 9% *93/4 10% 2% 2% *2% 2% 70% 69% 703/4 2% 70 22% 9% 2 S/8 72 23. 93/4 2% 72% 93 23 *136% 6,900 29' 24'% *233/4 24%" 15% *15 15% 800 20% 20 20% 2,800 Great Northern 223/4 1,500 Great 138% 60 93 138% 22% *136 5% 53 *50 53 29 29%" *283A 29% 700 113A 11% 11% 113A 11% 3,200 U 11 ye 11'% 11 11 900 10 10 103% 10% 700 23A 1,900 ." 93/4 2% 73 2% 72 2% 76 2% 2% 76% 78 720 23% 23% 1,700 21% 900 2% *2% 2% 2'% 2% 2% 20% 20 3/8 20% *20% 21% 20'% 23% *20% 23'A *20% 23% *20ya 23% *21 23% *21 23% *31% 33 *31% 33 *31% 33 *31% 33 *31% 33 *31% 33 *11% 12 11% 1 21 Iron 74% 11 Dec 17% Sep 4 35 Dec 46 Jan ]h Jan 30 23/a Jan' 29 82 Feb 13 18% Jun 5 A 2 Dec Dec . 2% 2% Jan Sep 80 Dec 91 Jan 11% Apr 21% Nov 54 Dec 743% 17% Jun 15 10 Dec 20 3/4 Sep 81 Jun 26 59 Dec 90 Jan 16 8 71% Jun ' 17 Jun 1 Oct 3% July 20 3 Jun Jan 7 67 Jan 6' 68% Nov 2 1 Feb 2 % Dec 1% Jan 2 5% Jan 9 3% Dec 6% 3 73% Jan 12 67a Dec 133/4 Jan 25 8% Jan 14 5 Dec 123^ Jan 31 Jan 13 28 Dec 36% Jan 25 Feb 3 23 58 6 ... Mar Apr 22% May 4 Jun 25 Jan Mar 25 % Jan 143% Jun 19 17% Apr 2 123% Dec 183/a Nov 22 25% Feb 27 18'% Dec 28% July 223% Apr 28 No par 100 .——— Green Co Inc 100 1 Greyhound Corp (The)— 5'%% conv preferred— Grumman Aircraft Corp„ No par 10 Guantanamo No 1 Sugar—.— RR preferred par 100 preferred——— Gulf Mobile & Ohio $5 Feb 17 Feb 44 193/4 Jun 20 .No West RR— 8% Oct 60 Mar 15 par — (H L) Sep preferred— -No par — Ore Prop..—. Western Sugar- Preferred Sep Dec 2 6 par —10 Co— preferred Gr Nor -No Green Bay & 21% 2% 20'A (W T) 27 9% 4% Jan div ctfs_—_ -No par Steel— *28% Y 65% Jan 54 DeC 4% 2 Graham-Paige Motors— w 34 ya May 20 % Jan x preferred 7.% . 9 5% Jan 13/4 Jan preferred.——_ conv 50% Jun 4% 10% Jan. Gotham Hosiery- *6% *28% 22% $5 2% May Apr 60% Jan — Grand Union 283A \ Jan preferred Granby Consol M S & P— *28 y4 20% 56 5 % Goodyear Tire & Rubb—— 1,000 283A 14% 2 1,100 *28% .20 30 73% 6% 14% Apr Jan —— 6 4 15 20 13 (B F) 73% , Jun 1% Jun Gold & Stock Telegraph Co 7% 6% 20% 190 4 2 2 Goodrich Co 7% 7% 14%. 200 May 12% Jan 74 4% *6% 20% 200 28 50 :: *4'% 6% :• 23% 900 4,300 Apr .A:';. % (Adolf). 2 37% Jan 50 Goebel Brewing Co— 10 4 par preferred—— Gobel 5,000 68 par (The).——No Co conv 4'A 63/8 'v. 4'%% Jan x4oy8 Mar 31 par No $6 preferred—™————No par 700 17% 16% No '3/4 7% ; preferred— conv 3 —No par 3% 4% Y • 80% 81 *2% $5 Safety Razor 500 13A 70 Yl63/8 *60% 3/4 - ; 2% 65%. !.V • 53 11% -. 81 3A M .. ,, 173/4 70 - 69% ■>80 139 *11 13A *76 80% 17% 65 65 65- . - 80 80 80 65 85 ■A" *% ,, 1%. 13/4 *76 70 71 • 1% 17% 17% hi %" 11 . *76 85 / 40 7% 25 700 55 Vs *4% /'143/4Y 29% 7" : *13% 7% *50 , -3% *51 > u ... ■: 14 139 2% Mar Mar 8 • —— 200 55% *50 22 A par Equip Corp —• General Printing Ink.™ _1$6 preferred— —; .—No par r 33% Apr 98 No par !A ' 14 139 12 Gen Feb 35% Jun par .—-——No Adv 58 50% 4% 139 11% : *49% 23 *20% 17 13: 8% Apr 51 series A-No par 11% ' *51 41 - *2% ' 50 23 *2% Apr No preferred-—-— Outdoor Common 15% ., -"Y3%- -"-3%/- 193/4 *10% 700 v. $5' • 27% 10'A 20 *11% ; 57'A *9% 23% 30 4; 107 "i Gen 100 JO 123A 20 53 12 " • 200 15% - 108'% 23% 69% Dec 6 ' • v General Shoe Corp- *103% 20 *20% 2% 1 preferred—., 200 283/4 >23% *143/4 A *61 7% >28% *29% 5 7% Apr -No par • General Motors Corp >500 ' A ' 2 13% *79% 4 3/8/' *6% : 28% :■ • > U ,7% *50 - 55% 16% 65 4% 73/8 4% *70 3/8 2% 2% 65 49% 17% 70% 140 $6 conv preferred General Mills / .5% 9 *12% ; 3% 93/4. 3% *76 . n'r,:- 16% 7% - % 70% *138% 3% Jan 22 120 — ~ 9 9% *83/4: 14 110 1% ' 17 *6%; *15% 9% 13% % v 3 hi- *% 17% *7 ' Sep 5% Mar 16 6% Apr —100 Corp *26'% 16% A >/ 13 *40 71 >;■ 22,000 • *100 26% A 14% 13% 41v *40 81 36% * 70 11% - hi ; A >13% *51 - 163/4 *2% 10 900 *3% fg -: 57% 4% 50 *70% *62 ; Foods Sep 25% Jun 72 Gen Gas & Electric A— ' 16% *8% 49% 3%'*. *3%'':.: 13% Y 4 58% 9% 16% *79 15 Jun Nov ■ 1% 17% 20 ™.100 No par J>(> $4.50 preferred—— / 19% *100 107 57% 13% . "A 11% ,./ - *103 : - *4% 76 ,Y; ,76 '. > 78'% 113A - 263A 26% *15% 9 58 *12 13 111-: 26% • - *1% A:, 107 %100 hi - •:/ •/ ■'Y-4/^ 4 *11 11 153/4 57 - 14% *14 *12 *51% < 1 % Jan No par Cigar Inc.— General 1,900 75 *18% 11% fa 107 A *8% 56% 56% *49 41 *% 23 21 May 23% ' 11 26% 153/4 >' 9 - 4% *40 Dec 1 17 par No preferred General Electric CO— " .7*125%' 126% 2 *100 " Va ♦100 A 15% • : *8% 14% 14% ,• . 55% *4% *51 • - *103 109 1 12 __1 preferred—— 7% ■ 2,400 v 128% 36% 19/: 12 - *A ■ 11% 26% 26% "*26% - 27 % 107 ; A 57% 36% 2 *11% 4:•• •• A '• 11% 11% Ll% *11% *100 ■!; 57% Apr Jan —10 A cum General " , 1 78%" 125%"'125% 18% ' :> % *iY- '8 ® 8 % *126% 128 V4- 36 1253/4 18% * • 2 *101%. 106.: i , 125% 2 V / * -Y 4 *101 % ♦1017 ' ' *72 79 *126% 36.% ;:.36%- s- : 19 > 12% 4 •■-"*4 " 125 ' *1% : . 2 *12'. *11% Y125 *18% / 19 - 36%; .; 36% 36%. • *123%' 125 19% 8% No - *123% 124% •*15% "" 72" *773/4 78% :*126% 793/4 • *113%' 118 .' % 7 % ' 118' 3A % 75 *72 - *79% 127% 793% - 118 ■ ' 127% -26% ,31 Class —_ 126%:.} 303A 25% ' 18% *125 ' 200 : 75 *72% 126% * x25 253/4 30% - ' 1,300 • ' 118 % • 75 793/4 *126% 79% *l7/a Apr 11 General Cable Corp.——: ' 800 4%: .y'Y;3 7% 18 * %' % *72 80 < Dec 1'% 7 Va 4 200 200 115 2 3/s 18 126%: 25% 253/4 a 3 75 *72% 18% *17% 30% *4 115 3% *7 % 7% 75 *124 25% 4% ' 79% ♦18 13% 3 23 300 ' 35% ' 7% *72% 126% 35% / 115 *2% 2% *2% v 18% *17% 18% 126%' , 2 3/s 8 ■/• *3 3% *3 75 *7 *72% 25 Vs 78 - (The)— preferred——— 5 % 102 *97% 35% 114% 115 115 3% *2% 7% 75 -29% • 118 *72 Co 2 3 6 1% Jun 8% Apr —No par 2% 23/a Feb 2 3% Jan 1% Jan 1 20 cl A (Robert)— Gaylord Container Corp.— —5 5'% % conv preferred 50 Gan Amer Investors No par $6 preferred 1———N0 par Gen Amer Transportation —5 General Baking— —— 5 $8 preferred——. No par General Bronze Corp__ -_5 -V-- ' (The) Inc preferred— Wood Industries Inc— Gar * 200 50% ;-Yv*4 102 4 3% 3% 4 2% 2% *124 26 31 7% *8% 4% 4% 35% 35% 35% 115 3% *3 *17% 18% 31 2% *49 50% *97% 103 *97% 36% *113% 4 *72% 126% 25% V/ 4% *4 4% *35% 114% *7 8 *17% Co Gamewell 50 " 103 *97% 4 3% ♦124 18 2% 9% *49 50% ♦49 50% *4 - 102 114% 75 "*72% Gair 6% *6% ' 7% *8% 9% *8% 9% *8% 9% 50% • - ' *7 17% Gabriel Co ' 3 *2% ; 13A 93A 2% *2% *6% 600 900 2 *1% *9% 18% *18 71/4 *4 114% 3 *17% 36% 3% 3V 18% *97 37% *36% *17% *8% 102 ♦112% *9% 18 *49 4 % *4 *97 10 *13A 13A 10 " 50% Y *9% 2s/s lOVa *8% *49 *1% 93/4 13A 7% - 7%; • 13A *9% 2 9% *17% 10 18 *2% *1% 2 *13A 1% *9% *9% * 13A 1% 1% 1% —No par —No par 23% Mar 31 130 Apr 50% May 28% Jan 27 21 143 Jan 14 4 52 Apr 197% Jan 135 Dec 42 Mar 29% May 28 144% 54 363/4 July Aug Dec Sep 24 33% Jan 10% Apr 25- 12% Feb 93% ^ay 143/4 Sep 10 31 11% Mar 10% Jun 11% Apr 14% Jan 10% Dec 18% 1% Feb 25 Apr Mar 9% May 20 1% May 22 48% Jan 2 2% Jun 3 18 Jun 2 Sep 3% July 3% Jan 29 78 Jun 26 4 Jhn 24 1% Feb 4% Aug 29% Jan 24 9 Feb 23% Dec Jan 13 55 Dec H *8 *97 For 8% 100 11% 8% *8 *97 100 footnotes see page 2431. *11% *8 *97 113,4 8% 100 *11% *8 *97 12; 8'A 100 *11% 8 *97 113A 8 100 113A *8 *97 113A 9 100 Hackensack 7% 200 Hall 200 Hamilton 6% 25 Printing preferred 29 10 Co__ Watch Co. 193% May 21 25 Water preferred class A No par —100 Apr 11 25 33 Feb Jari 11 5 Dec 23% 33 ' 33 Jan Feb 38 Mar 16% Jan 83% Mar 16 12 % Jun 19 8% Dec 25 10% Feb 6 87% Dec 15 Jan Dec 108 July 8 95 Jun Mar 11 1063/4 Feb 7 102 2426 THE COMMERCIAL & FINANCIAL CHRONICLE LOW AND HIGH SALE Saturday 4 $ S per share 99 99 *12% 99% *98 12% 12% 13% 99% *98 12% *98 13 VB $ per share 13 NEW YORK : Hanna 60 13 130 > ' Range Since January 1 STOCK On . EXCHANGE Shares 98% *125 13% 13% 13 VB 98% for the Week $ per share 99 *98 99% *12% June 26 June 25 $ per share $ per share share per STOCKS Sales Friday Thursday June 24 June 23 June 22 PRICES Wednesday Tuesday Monday June 20 Monday, June 29, 1942 • ■ • (M A) Co $5 pfd Harbison-Walk 700 Basis of Par Lowest $ per share 98 104 Apr 20 12% Apr 29 par Year 1941 Highest $ per share No par Refrac—1—-No Range for Previous 100-Share Lots Lowest Jan 17 16% Jan 100 19 *4 *85 90 92 5 5 *53 60 60 *148 *53 *4 CO «o 8% *1% 5% 60 5 *53 60 *53 *147 *147 150 11 *10% 11 *10% 11 *10% 11 59 *54Va 58 *55% 58 *55% 58 *56 58 129 *128 % 129 *128% 129 *128 % 129 38% 37 37 *36% 42 *36% 91 93 93 *90% 94 92% 128 % *36 % *36% 38 Vz *91 93 91 *6% *14% 13% *12% 13% *12% *12 13 *12 13 *12 13 21% 22Va *21 22 *20% 22 6% *6 Va 6% *6Va 6% 14V» *12% 35 *31 38 2% 2% Vff *2% 3V4 *2% 19 % 19 % *3% 3% 3 % 15 5% 5% 5% 13% *13% 13% 34 *33% 34% 2% 2% 2% 2% 2% 31 % -*% *2% 3% 2% 18% 18% *18% 3% 3% 15 % % V 5% 5% *13 •:.% 5% % 5% 5% 3 3% 2% 11% 11% 11% *11 Va 11% 6% 6% *6V4 7% *6Vi 7% *23% 24% *23% 23% 23% 23% 24% 24 Va *78 83% 83 *3 oz *150 58% *155 *57% 58% 60 9% 9% *9% 6% *5% 6% *5% 6 22% *20V4 *5% 6% 20% 20% *108% 110 108% 108% *107% 7 6% 6% 6% . *20 110 5% 5% 55/a 5%. 129% 128% 128% 129% 45% 44% 45% 45% 46 45% *156 162 *156 % ';• Va *% •; 6% 6% 7 5% 5% 2% 9% 9 Va 48 49 48% *128 2 Va 1% *41% 43% 41 *38 27 48 1% 42% *38 *27 Va 27% *28% 30 *91% ■ . *1% *91% 9 27 26% 26% 26% 29% 29 *91 % 99 99 *91 % *41 2% 2% 2% 2% 2% 2% 2% 2% *2% 2% *2% 2% *7Vs 7% *«% 7% *6% 7% *7 *129% . *6% *6 Va •?— *27 *89 8% *129%' • 6% ■ — *129% ■ ' 6% 6% 23% *22% 23% 96 Va *93 96% '< *6Va 6% 22% 96% >. 53% 53% 53% 53% 53% *125 Va 126 Va *125Va 125 Va 125 Va 125% 18% 18 Va 18% 18 Va 18% 17% 13% *56 58 56% 56 Va 64 64 ' 65 '*56 ■ 54 54%. *64/ 8 8% 9 8 ' 7% Apr 24 May 54 No Co— Apr *6% 6% 6% 23 96% 22% *94 63 12% Jan 14 8 6% Feb 5 6 23% Jan 27 19 Dec 111% Feb 3 107 July 5 38 Apr 52 % Jan 10 12% Jan 26 46% Jun 24 6 Va 54% 18% 56% 64% 65- 64 Dec Jan 167% 170 % Dec ; 6 Vs 9 57 Jun 150 Dec 4 23 Dec 4 125 May 131 Jan 20 Sep 15% Jan 1% Dec 5 10% 51% 64 60% Jan Dec 73% Jun 2% Jan 26 Sep 30 lVs Apr 32% May 2% 46% Jan 48% Oct 14 48% Feb 13 38% 49 13 95 "10 Preferred __— * Jarvis-(WB) Co,,— Jewel Tea Co Preferred — * 1 1 ■ ■. 5% pref series B 1% 9% Jan : 2 5% Feb May 19 88% Apr 17 7% Apr 29 95 Jan 12 9 Feb 2 32% Jan 6 Apr 18 2 18% May 15 May 4 50% May 15 122 Jan 132 Jan 87 8 Mar 33% Jan 107% Jan 08 Sep 134% Aug 14 Dec Jan Dec •44 Jan Dec 111% Dec 4 49% 122 6 59 64% 20 Jan 8 71% Dec 128 Nov 16% 3 Jan 79 % Jan 11 Aug Mar 5% 33% 31% 62% Mar 64 9% Aug Dec 107% 3 1 Sep Sep 5 16 May 20 Apr 28 Feb 26% 124 2 24% Jan 8 Sep 3% 14 7 5 Xl26% Jun 61 •„ Feb 7 , 20 9 54% May > Oct 3% ' 17 Va May 20 I Oct 104 Dec 5% Jan ,100 conv— 49 Dec 4 85 • r_No par 100 100.:/ Joy Mfg Co 1% 3Va Jun Oct 31% Jan Jan 3 2 127 100 — Laughlin Steel pref series A,_, 26 2 Jan 24% Apr 29 par 1 ; Jones & Feb 7 '/a Mar 28 —, 5% 600 y, par —100 Johns Manville———,——No par 1,200 • Apr 1% Jan 2 Inc__No par -/.4%%prefei-red~: — 50 ... . . 4 96 par par —100 Intertype Corp,'— No Island Crepk Coal— > $6- preferred —_——— Sep 11 26 ,100 Dept Stores—No July Jun Apr 1,900 8% 4 31% Feb 5 :• 96 1 Nov 31 13 4,100" - 13% Jan Mar 26 preferred, Jan 28% Feb Jan „No Foreign share ctfs——No Jan 2% Apr 39 Intern'l Telep & Teleg Jan July 17 1% Mar 25 — 500 /• 125% 56% 8 '11% May 25% Feb 300 ' ' 57% Feb Dec 41 —No par ,—,——100 Salt——No Sep Sep Jan May 5 100 1 27 113% Jun 3 Jun Jan 7% 17 45 130 9 Jan 13% 6 42% 19 6% Jun 90% Dec Feb 3% 4 2 1% Apr 25 100 Feb Jan Dec Vb 140 / 160% Feb 18 24 '/a Apr 29 126% Jan 3 15. 9 6 5% May 25 3% May 29 par 161 154 4 14 % Jan Dec Sep 85% 12 8 Jan 9 Va July 29% July 111% Jan Jan Jan May 21% 20% May Feb 500 , : 22%' 18 *8 8 Dec Feb 74%, Feb 10% Jan Apr 24 ' Dec 2 5 Aug 45% May 4% Aug 32 ,100 // y 96% 54% 8% 10% 24 13% 25 151% Jan Aug Dec Dec May 6 May 20 ■' *124% *8 Jan Jan Dec 26 Interstate 8% — 100 , 7 Feb 157 1 18 Apr 24 20 *" 5% Apr 21 19% Feb 18 • ——————100 Paper Feb 27 Sep % 11% International Shoe,,No par International Silver,—. 50 • 26% *129% 4% Jan Jan 31 700 89% 8% 54% • 27 5 preferred,: 7% 18 Va . 27 Mar 25 Mar 1,200 125 % V Jan • 39 8,000 54% 64% 8% . 8 18% Jan 42 Jan 3% 4% % Nov par 2% -17% 60 64 • >*8 *57 2 5% Jan .21% > Dec International 2% *124% ■ - 5% 99 V 57% 53 64 8% *8 8% : *89 ' __ *94- • 13 2% 200- , 26% *22% 126 Va ■! - . 23 *94 53% • 8% 28 *129% '' *18% *8 *2% *7% 89% • *26% - *125% *63 *8 - % . 23 23% 96% 8 28 1% Apr Jan ' 41% 2% Y 7% *89 89-A *8% *26% 28 •; *93 6% *23 *95 89 8% 28 2 ,25 —100 5% cony preferred— Inter Rys of Cent Am 160 ' *26 Va ■ 89 8% 8% 8% 28 *129 89% *89 89% * *8% *26% » 200 43 *91% 2% 2% 7% 15% May 147 Mining Corp—— 1 Canada—— No par International •2,200 29 2% *89 ' 26% *28% „ 1% Dec 6 2 40 100 — preferred,,, Internat'l •6,200 ■ , 2/' 30 99 12 ; 5% Apr 29 Int Nickel of 17,200 ' 47 % *26% 2% *7 900 . Va *28% *91% 4% Preferred 27 3 Jan Feb ' 2% Jan % 5% May 20 109% Mar 16 par Internat Min & Chem 1,000 30 99 — 6,400 2% 42% *2% 2% —-No Harvester,;-. 3,100 26'/a 46% 41% 37% Dec 4% Apr 103 par 6Va 27 *28% ' par 7% 27 30 *41 Internat'l 3,200 . 44 41% 44,- Apr A 4 No par —No Int Hydro-Elec Sys class A Int Mercantile Marine,, 9 1 26% 2 21 844 May •' ;—1 Machines——-No Business Preferred 41 *41 Int 130 * 3 % Feb 2 155 ■ par Ctfs Inc Interlake Ironj^ 165 2% 43 34% Feb 2 74 par ,100 . Intercont'l Rubber——— 4,500 % —No Co————No Corp,,, ——No par preferred,—100 6% 800 45% 25% 2 43 Steel Interchemical 40 2,600 *128 47 46% '2 July 2 21 No par preferred: Insuranshares 800 43% 42% 5 13 May 13 2 32% Jan Inspiration Cons Copper,, —:,20 200 *42 42% 6% Inland 1,500 6% 7 % Dec 17 ' -,Y 9 Ingersoll-Rand 50 800 6% 5% 25% 130 9 Va 48 ;; 300 ; 41 *28% 99 9% *1% 300 6% 44 2% 25% *128 - 2% V 7 % 5% 44 . 2% 26% 130 46% 2 5% 44 2% % 9% 48 ' *6% 5% *2% 25 9% *1% 7% Jan 14 4 132 *158 % '/ //'•■. 7% //;/:% 43 *128 • - 162 *156% • 64 111 3% Jan 28 Refining—,— Industrial Rayon -13% Jan Dec Aug 9% Feb 9% 45 Dec 36 : 100 3% Jan 6 Va 45% -7% 20 26 16% Feb 109 *130 Jan Jan 2 6% 6 Va Jan 39 Jan v 100 —100 ctfs series A— 52% Dec Jan 2 *105 130 44% % 5% 2% ■ ( % 43 27 130 - 162 6% 5% *9% 48% *1% 42% * 7Vb 26% 131 45% *156% 44 *2% 27 Va *128 9% 9% 2% 26% 27% 131 6% 5% *42% 6 130 See Dec 24 Jan ,100 Co 4%—_,i Oct • 30 Va - 10% Jan 29 24 21 /'/r-,. RR lines 16% Aug 115 44 2% Jan *5% 6% Central RR Sep Jan 9% July 'Feb Vz Apr 163/a Apr 3VaJan —1 preferred series A— 5%; Dec 9 107 x 29 10% Apr 6% Jun 21 109 6% V 6 . 45Va . 109 ; 131% 5% Va - * 6% 130 162 *% , 5% 2% 2% 27% *128 % 43 42% 5% *156 6% 5% 44 44 159 110 *6% 130 *5% 129 *108 6% 6% Leased 5 Jan ,1000 9% 61% 100 _ 16% * 20 JNo par 59 22% 1 30 Feb ———10 83 *3% Illinois v 420 155 *20V4 18% Aug 30% Indianapolis P & L Co *57 V4 2 ' Jan Jan Dec Indian *78 22% % Jan 115 Dec 100 *150 ;:V'' — JHupp Motor Car Corp— 24 *23V4 9% preferred 100 Oct 56% Jun 105 1 2% Apr 24 29% May 2 —5 Manhattan, 99 Va Jan 132% Dec 6% Jun 2 - 80% July 12% 18% Jan 3 May July 16% xl23% May 33% Dec 5 900 83 9% 25 t v Sound Co & 96 168 Dec 12% 115 30% Apr. 29 ,,100 5,500 3 155 10 No par Jan 13% 6 8% Jan L_No .par ——, preferred 96 T Dec ' Dec 9 6% *6% 59% ,5 % Jan Sep Sep 8% 18 11% *11 155 *58% Class B ■ 3% 06 13% Jan 2 Jan Dec Feb 22% Jun Mar 21 Jan Jan Jan 10% Apr ' 5 13% Jan Jan 65% 12 12% Mar 11 Hud Bay Min & Sm Ltd——No par Hudson Motor Car—_No par 150 24 40% Jan 102% Jan 38% Feb 100 *78 59% 9% 23 *6% *23 5 14% Jan 6 150 2 May 21 34 15% 4,200 *2% 132 27 ; Howe 900 ' 5% 3 28 Mar 13 11 50 Va 24 22% Mar 21 2,100 >' 13% 6% Feb Jan '.-No par Houston Oil of Texas 1,200 34% 11% *6% ,a 58% 9% *21'/a Mi *2% 11 *155 58% 58% 10 Va 10 *5 3 30% Mar 79 ,-5 „ Household Finance,,,, *13% > 9 par -———No par '• / *33% 13V4 33% Feb par u 5% 5% 13% 33% 11 83 % 13% 7% *150 % 125 < 1V« 11 12% Feb 72 Apr 27 .——,12.50 100 31/2 158 Feb 13% May 26 111% Feb 27 Hudson 18% 3% 34% 3% 3 18% 3% *13 11% i' 3% 1 19 4 May 100 ; 700 *2i/4 Dec 57 101 Jun 5 10 (A) 100 °/8 2% 76 19 —1 (Del) 700 . 33 3% ' 500 : « *% *33% *6% *3 *31 13% *11 % 38 % ■ 33% 33% *37 32 32 *% *15 to 103% 31 3% »' 8% *102% *2% 19 8% 37V4 6 19 Homestake Mining—: • 103 % 1% Jan —*,10 The—,; Holly Sugar CorjPL 7 % preferred „ 3,600 32 37% (C E) 6% Dec 6% Feb 51 100 25% 1,49% Feb Dec 141% Apr' 9 10% Apr 28 par; — . 92 May 12 8% Jun 25 Houdaille/Hershey cl A 33% *102% 3% 3% 33% 8% 8% 460 r 1 38 O/o 19 3% 9 Hires Co Holland Furnace Hollander & Sons 14 *31V4 preferred cum 3% 93% Jan No par Hinde & Dauch Paper Co, 700 ' -1 33% 32 *31% '6 % 2 45 100 —— > •/ 104 *102 32% *2% 19 Va 3% *8% * *13% — Hershey Chocolate _;,No $4; conv preferred,—.i—No 6% *113% 33 32% .*37% 2% *31 % . *19 % *5% 8% 14 1 13% *6 Va 6% *13% 33 32% 105 2% 31% 31% % *6% *113% *31% 38% *102 32 Va 34 33% 38 102 *12% 14 *13% 33 8% 8% 38 13% *113% 33 32 102 2% *13% 14 13% *113% 8% 9 39 *32 300 13 *31 102 Va *2% v *91 22% 32% 3514 32 *8% ' 92% *37% 92 Va *12 *1131,4 *38 39% 100 14% 15% *11314 *101 ~30 *6 Va 6% 35 1' 39% > 106% Jan 4 ,25 Hercules Powder Dec 140 88 May 21 % Jun 10 4% Feb • 29 Jan 79% Apr 24 4% May 2 1 Hercules Motors—;_No 400 ' 146 2 7 Jan 5 Va _,_25 W) : Preferred • 128% *22'/a 13% •' (G 80 __2 Co,, Corp Apr. 3 % Mar - 1 — Glass Products Helme 128% 129 Mfg- Corp, Hazel-Atlas 10% 13 *12 Hayes Hecker 1 »— 126 X ,100 —, Hayes Industries Inc„.—j— 2,000 58 22 V4 *12% 13 24 *31 % *128V4 10% of Amer class A__ preferred, 500 5% *56 ,,100 100 95 22% 13 Va *12 *22% *12 % 11 10% 6 %%, ■ 150 *10% preferred— Hat Corp 60 150 6% ' 1 1% *86 5 *57 * *1 1% C i 8% 95 60 *147 150 lVa *7% . ■ 100 90 5 5% *53 8% / 4% *85 *86 95 *5 *4 4% CD o 8% 1% *86 95 *147/ 150 *147 150 4 90 *7% 1% *86 5 5Va *53 *1 Va *85 92 *5 8% 130 *125 4 90 *7% 1% 1V4 i% n!4 *85 8% *7% 8% *6% 130 *85 4 Vb *85 90 *125 130 *4 4 Va *4 4% *85 *125 130 *125 130 $ per share 12% Dec ' *127 Highest $ per share Dec Sep Feb 27% July 67 Oct Aug 86% July Dec 14 %v Dec Sep K 8% 9% *9 *120% ■:'- *3% 3% 17% 18% *7 8 *85 ^ 100 10% 7 105 *100 *17% 8 100 *10% *6% , 17% *8 *90 . *100 *90 11% 7 *10% *100 27% 100 - *8 2—" »' 105 18 *100 *100 13% *13% 13% *13% 13% *13% 13% *24% 27 *24 Va 27 *24% 27 *24% 26 *1% 1% 2 *33% *18% 34 18 Va 33% 33% 19 19 *2 Va *2Va 3 22 % 22 Va 22% 26% 1% 3 *2 Vs 26 Va 26 26% *33% 18%' 22 Va 1% *1% 22% *25% 34 ' 19 26 Va 33% *2 Va 22% 25% 3 . 25% 6% 6% *100 28 % 28 13% 13% *23 Va 1% *1% 34 18% 18% 22 Va *2% *22 *33 18% *18% 3 900 Kansas 500 4% preferred 100 Kaufmann Dept Stores,— 1 5% conv preferred— —100 19 28% V, 13% '■ 29 VB 1 18 % *8% 10% 10% 10% 11% 12 12 28 27% 27% 30 30 *30 ' 9 *12% 12% 12% 12% 12% 12 9% 9% 9% *8% 10 *8% 10 *8% 21 21% 21% 21% 21% 19 *18% 21% 20% 20% *18% 19 18% 18% 109 *105 *2% . *% 11% *19%' *12% 1 11% 19% 12% 108 108 *105 2% 2% 2% %' % *11 Va 11% ■ 19% *12% 21 *18% 19% 12% 108 *2% * 2% 108 19 108 *2% 21% *18% . 2% '21% *2% % 1 % % 11% 11% 11% *12% 19% 19 19 ; 19% 4 1 19% 1,200 • • 12% *12% 12% 12% 12 % 20% 20% 20 % 20% *20% 21 *20% 20% 20% 20% 700 24 24 24% 23% 24 23% 24% 23% 24% 2,800 For footnotes 4 see 4 4 page 2431. 4 4 4% 4 4 *12% 4 13 4 6% 200 3,100 No Portland conv conv 5 9 . (The) Lerner Stores Corp— Libbey Owens Ford G1 Libby McNeill & Libby,, par ——1 ,_5 —No par Nonpar 7 5 13 8% May 12 29 7% Apr 29 21% Apr 11% Jan ' 24 2 8% Mar 17 15% Apr 15 2% Jun 2 % May 25 7 8% Jan 17% Apr 17 11% Apr 24 18 Apr 20% Jan• 4 Mar 9% 6Vb 22% Aug Dec 14% Aug Jan Dec Mar 104% Dec 9 Aug Apr 18. Jan 7 4 Va Dec 8 105% Jan 20 98% Feb 106 7% Apr 37 Va Jan 3 13% Jun 11 29 3 Jan 30% Dec ' Va Jan Mar 39% July 11% Dec 14% July 25 Dec 38 Jan 1% Dec 3% July 5 , 23% Feb 40% July 21 Dec 26 % Jan 2 29% Jan 5 27 95 5 9 22 Vs Apr 13% 100 Aug 121% 23 6 6 Dec 3% Jan 19% May x Jan 121% Mar Dec Dec May 19 i2ya Mar 16 22Va Jan 15 2 9% 100 Mar 31 2 Vb Jun 18% May 29 No 27 11% Feb 100% Jan 17 106 Vb Mar 30 ,—50 Jun 2% Feb 40% Feb 5 25 preferred Jan 12% Dec Xll6% 27 9 100 50 22 4% 3 4% Jan Jan .' Lehri & Fink Prod Corp— - par 2 25 Cement, preferred tehman Corp 2,100 23% " 4% Bryant, tLehigh Valley RR Lehigh Valley Coal 1,000 11% 19% 100 ——No par Lehigh 40 19 % Lt Co St Louis—lOO 100 100 par No par. Lee Rubber & Tire,——, 2% *% Laclede' Gas 5% preferred Lambert Co (The) Lane 107% • 25 4% t- 100 *2% 11% No 700 19 11% :„1 & Co,: 1% Jan 6 18 9% Jun 120% Mar 33 ,lv , Kroger Grocery & Bak 90 21% 21 *24% Kress. (S H) 600 107% %. 26% Jun par ;$5 prior preferred-,——r,No par, Kresge ($ S) Co,,,— —j_10 100 Va *18% % 1/2 May Kinney (G R) Co—— 19 2% 100 11% Apr' No 7 Apr 28 10% Apr 24 4% Jan 9 ,1 ——- Jan 24% Jun 110 *105 11% xl9% . — Keystone Steel & W Co,——No par 1,700 10 *21 B Co— Kimberly-Clark,, 900 32 12% Va & Kresge Dept Stores, ' 12 27% *12VB 11 fJ) Kendall Co $5 pt pfd A,No par Kennecott Copper,,:.,, No par 700 25 12% *10 'Class 20 ■ %" 29% *12 Va 99 3 *8 % 12% May 26 17 100 34 2 May 18 200 1% 10% 31 12 Va Keith-Albee-Orpheum preferred_100 Kelsey Hayes Wh'l conv cl A—1 10 Apr 100 27 11% * 7 16,600 . . *11 —_5 500 26 25 6 Kayser 105 22 16 85 300 ' Feb Mar 17 2% Jan par 200 6% *2% 25 Va V 5 117 City Southern———No , 7% 89 8% 10 Kan City P & L pf ser B,___No par 22% 22% 25 3% 11% 24% *33 Kalamazoo Stove & Furn— 95 24% *1% 500 *90 *13% •1% 33 Va , 9 *11 - 105 27% , ... *1% 18% 3 22% 28 8% 11 6% 105 *13% 27% 95 11 6% *7 *85 8% *90 11% *17 7% 89 *8 ■ 3 Va 18 *7 100 *10% 27% 28 3% *85 9 *120% •• 3% 7% : 9 .*120% 17% 6% 7 • 3% 8 VB *90 11% *8% 89 *85 8VB ' 28% 28 VB 27% 3% 17% *7 89 *6% 105 " 7% V 9 *120% L 3% *7 *85 8 10% *6% 17% 89 r"' •-W 3% *85 8% *90 *120 % 3 % 7% *7 89 *8 *8% *120% 3 Va 18% 9 2% Feb x22 % Mar 5% Feb 24 Sep Sep 28% Aug 29% 17% Jan 5% Feb 30% Feb 18 17% Jan Sep 45% July Feb 20 ■10% Dec 14 7 Jan 13 11% Feb 13 J7 9% Jan 19 21% Jun 24 14% Dec Va 9 19% Apr 26% 113/ Jan 16 107% Dec 116% 4 Jan 26 1% Jan 5% 23 VB Jan 1% Jan 20 % Feb 14% Apr 8 2% Feb 21% Jan 9 13 Mar 6 22 Jun xl9 Dec Sep Aug 27% July Oct Jan> Aug 2 Vb July 14% 24% Sep Sept 11% Dec 14% 8 18% Dec 27 Va Sep 5 26 % May 21 19% Dec 45% Jan 12 5% Jan 20 3% Dec 7 Va Jan 29 Nov THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 .Volume 155 RECORD NEW YORK STOCK STOCKS LOW AND HIGH SALE PRICES i per shard * 26 63 'A June 24 June 25 27 63% *62 63 % 64'/a *165 22 y8 * 19% 22% f 172 19 % 27 . 22% *22% 23% *22% *29 % 30 *29% 22% 22% 29% *29 7a 10 13 12% 12% : 16 16 16% 16 40 33% 40%:: 34 16% 16% 13 -• 16% "15% 16% ; -V-/ 40% %, 13% 13% 3 ; *136 137% '136 *13% 14% *13% 59% *59 34 % *3 •'3% 3 ' • 60 : "13% 136 137 96% Jan Nov 98 Jan ——4——4-100 16 175 Jan 6 Jun 189 Jan 16% Apr 14 19% Jun 23 17% Dec 21 Jun 22% Jun 23 32% Feb 4 x20% Dec 30 Jan 37% Jan Link Belt Co——!—Lion Oil 14% *13% 13% 33% 13% :»• 13.% *58% 59 58 58%- •ft* ■' 58 300 ' >■■ - S Lorlllard 70 (P) x29 May 9'4 Dec 13% July Apr 16% Jan Sep 15% Jan 3 24% Jan 6 19% Apr 31% 42% Jun 5 28 May 39% 42% Jan 28 35 Apr 4% Jan 24 Jan 2 31% Jun 16 .2% Mar 15 Mar : 27 128 Louisville Gas & El A——/No pat 11% Apr 9 58 Jun 2 100 MacAndrews lS'/aApr 1 100 1% Oct 45 % July Dec 3 Dec 18% Feb 6 13% Jan 29 12% Dec 30 142% Dec 162 149 Mar 30 Louisville & Nashville—:.—' 13 15% Jan 13 11% Apr 29 10 100 600 • 21 37 _No par 4_x—.J, Jan Jan 11% May I 14% May 20 par Co.:——:—: preferred—— 7% ■f 34 174 10% Mar 25 2 400 > - 58 9% Jan J Long Bell Lumber; A—— -No par Loose-Wiles Biscuit-—x———25 ■'."•■• •3,200 13% ___No Inc 33 25 % May 21 -No par Lone Star Cement Corp_x 300 V 16% 137,, •13% y. —No par Loew's > -3% 13% 59 59 Dec 64% 1,500 40% ' 16% 136% > V *136 ~ 39 64% Lily Tulip Cup Corp———.No par 500 1 16% ; *3 "•'• ■ 16% ' 16% 13% 137 137% . 16% 13% 32% Nov 5 Refining Co —No par7 Liquid Carbonic Corp.—No par Lockheed Aircraft Corp.:._4 .—1 *33% •34% ;• 13% 16 % 13% - *13% - 14% 59% * 17 3 12 2,000 " 13 ,'■•> 40% 33% 34 \ , Jan •73% Jan Lima Locomotive Wks • $ per share : 74% Jan Mar 13 20 25 2,300 1 Highest $ per share * 18 Preferred i ' * 3 *16% 13% 139 V-V' ' ' 17 13% *136 . •.' 3 3% *3 3% " 13% 13 share 29 100 10% Year 1941 Lowest 50% Apr 164% Apr 500 1 30 »» *9% $ per $ per share Par ■ j.—x„——. 700 23 % , 30 t. 40%. ' •*3 ' 40% 40% 34 34 *16% ' , ' 40% 40% 34 *22% • . ' v «Range for Previous 1 Lots Highest 50% Apr Series B__ ,500 16% ' 33% 41 34 19% 10% 13 13 13 15% 41 19% 30 ' *9% 10% *9% 10% *9% *12% 13 16% - Lowest —.1—3 Liggett;& Myers Tobacco-*.—:. 25 J.100 23% 30 167% 19% 29 10 167% x> , 100-Share Basis of On .x'.', .V Life Savers Corp.. 300 • -1,400 • > 169 ' *18% 22 % • 64% ''7 Shares Range Since January i / STOCK EXCHANGE ■.v". 64 *63 19% 10% 16% *62% 64% - '167 1 27%' 64% 64 *19 30 *12% '166 27% 27 • *62 * 63% 169.' 19% *10 • 63 % 63% 172 27 26% *62 NEW YORK for Sales the Week $ per share $ per-share 19% 19% > 26%. . 63% '165 *29 . I 63% 63% >,,. J per share k share *26% 63 172 *18% $ per *62 *26 63%' *165% Thursday June 23 $ per share 27 *61% Wednesday June 22 June 20 Tuesday Friday June 26 Monday Saturday 2427 Jan .'18% Jan Jan Jan 15 26 23% Jan Sep 19% ; Dec 22 Sep 60 8 Jan 76% 19 Feb 74% Nov Dec 31% Jan M *17 19 '120 ; *17 ;: — *28%: 29 • • ' 29 >-18 / 17% > '120 X;;. — ,29 , 18%' 18% • - 17%. '% 19 r *120 *18% ;;18% 19 -28%- 28% *18 18% 600 *10% 11 *10% 11 21% *21 12 11% 11% *10% 11% *ioy8 ny» 20% 20% *21 21% *21 21% *2% *5 2% 2% 5% 5% *12% 13 *% 2% 2% 8' *11% 1 . *11% V -13 >.. V 2% 13 • >2% 1 > *% 2% 2% 2% 13 • »% 1 *% 1 8 / >9% ; 19% 25% 25% 22% 22% *21 % 169 37% 172 37 *13 1574 *75% 82 ♦10% *6V2 67a :*94% 7 11% *94% •••••:,•: 25 % 25 % 1,400 *20 21% 200 Master *20% ' 21% 600 Mathieson ■4 169:4; *160% *34% 4 IV2 4 10 10% 97 -*76 82 4 4*9% 10% > 300 McCall 10% 10% 4( 200 McCrory *99V4 102 4 18V4 i8'4 , 11 11 -10% 103% r*103 *95 Va 6 97 *5V4 76 x *68 76 *68 '53 65 > *53 65 *53 23% *22% 23 22 4% 4% *4% 4% 4% 4% 4K 4% 4% >; *22% 24% *22'4 24% 22% 22% *22% 247/a *22V4 *22 % *25% 27% 26% 26% 26% 26% *25'/a 27% *26% 26% 26% 26% 26% *5J/8 5% *5% 5'4 14 % 14% *17% 18% a 22 21 • *27 "V" 27% 27 5% 5 *26% 27 *26% 27 5 30 *5 V8 5% 4 , " 27 5% 5% 5% *14 14 74 *13% 13% 13% 13% *13% 14% *18% 18% *18 Vu 18% 17% 17% *18% 18% *96% 97% 97 97 97% 38 38 *96% • 1 ■Mengel 104% 105% 107% 109 *104 105% 109 *107% ;; *107% 109 • 1% 60 *58%' 60% 58% 1% 1% :■;•■ 2 *17/b *58% " 10% *10 >. :7''-:-.*% *2 X4> ■>■■ 14 14% *113% *11478 10672 29 14 74 % V, 28% *17% *107% 109 2 *1% 2 '300 16% 10% 21% 2% 2% A 56 56% *52 14% 54% 27%J ' - *2174 ; 56% ;; X: ' . . •' ; 160 ,-No Co_ Co : ... 1 preferred *30% 31% •'•' 22 ■' *2% $4.50 *30 7a 5 ' *105% •>'31% " ■ *272 Power Sep Dec 1274 Jan Sep - '• : 56% *54 : ' . 4% - ■••• 317a ' '■ ' ■, : ^ 700 >' '*■ ■■ > '■•••• 1,100 200 317a *2®/a .. ' • : 2% . '- .1 Jun series —_._20 -_4No par No -No par 1No par •> 66 par B—-I ( .•?-.■ 10 Dec No par 6 103% Feb 109% Nov 1372 Dec 2572 Jan 'v_'' 1 Co 10172 5 . • Jan 9% July 70% Mar Mar 24 Feb 3 54 Jan 2 82 Dec July 71 2774 May Aug 33% Oct ' V 3 7a Feb 67a Dec 26% Mar 24 21% Feb 29 'A Sep 30% Apr 29% Jan 15: 14 Feb 30 % Jan 16 24 Dec 7 7a Jan 17 14 Jan/ Feb 101 4% Apr 97a Jan 13 5 27 4 Jan 37 . Dec Mar J77a July 17 514 Dec 38% 86 Dec 34 42% Mar 26 107 Nov 105% Jan 125 45 7a ;. 112 Dec Jan Jan Oct 109 May 13* 37a Jan 13 • Mar 12 Jan % Jan 79% July : Feb 157a 1 Oct Dec 1274 17% Dec Aug Aug Jun 91 Jan 7 77 Feb 10 112 Mar 11874 16= 115 Mar 123 119 Mar •110% Jan 6 31% Jun 108% Oct July 3% >14% 94 Sep Sep Aug 113 72 Jun Oct 4 2474 Dec 39 Mi Jan 427a Mar 12 357a Dec 43 7a Jan •29% Mar 25 •' 217a Dec 307a Aug Apr 2 57a Dec 12 Jan 12% Jan 30 972 Dec 17% Jan 25% Jan 20 18% May 24 7a 3% Jan 20 63 Feb 4 14 Jun 9 69% Jan 6 f". 8% 111% Mar 175% Jan 20 39% Feb 2 6 2 % 1 9 4'A. Jan Dec 9% 71 Dec -117% Feb - 1% Jan 3% Jan 52 26 2% Apr 1 1% 16 < 2 > 4 67 30Vz Jun No par Sep 10974 Dec •! Nov 8% Apr 4 Sep 110 5% Mar 23 2'/2.May21 50 Jail 2 >11%.Jan 7 49 May 6 106 V4 Apr 30 4% Jan 2 , & Bro 5 Sep 1374 5% •Dec Jan 77 6'/4 Jan 2 1 9% Apr 23 20% Jun 1 ..5* Corp.- 37% f Dec 103 Aug 9% July 9% Dec 72 • 16'%'May 50 7 No par Jan 14 72 May1 , Dec: 32 May 15 \ •> ' 26% 16. 77a Feb 108 . . 107 >16 Dec 6 14 6 1 115 May 1 102% Apr 28 23% Apr 24 37 Jan 15 - Apr 16 30 8 , Jan 28 Dec 7 74 Jan 110% May - Sep 2% Dec 8 108% Jan 1% Jan 2 42% Feb 27 —100 class B— xl preferred ; —No par ' 'Munsingwear Inc .x—No par Murphy Co (G C)_.— —No par ■> 5% ' preferred—100 Murray Corp of America!— 10 .' -Myers (F E) 90 12% Mar 23 1 Apr i7e Jan 56% Dec 12% 10 • Dec Dec 1 15% 6 34% Jun 8% Apr 28 $7 , 40 7a 9 8 2 19 107% May 19 > l7,'sMay21 57% Jun 26 - Aug 28 Jan 23% Jan 10 Essex Brass x Sep 176 x 10% Jun 35'% Jan 103 % Jan • Jan «Sep 31 Va 14 2 Jan Apr 28 ' 16V'a Mayl8 88% Apr 30 "Mullins Mfg Co 80 >: 4% Mueller 300 •; 557a >105% ... Dec May 171 6 2872 May 24 7a 2 Mar 12% Mar 12 —-No par Chemical Co_^ Wheel Motor . No par Mills:::; Carpet & 200 X KX '■:•■>; 2% :. 19 21% 907a Jan 2 May 20 5 i.1 Impl preferred series C 400 r *13% " 14 74 •'.» >>!'•■ 31% . 21% - > 5 4% ;7. 31% ; " ■ par No par Motor Products Corp_-44_. 500 5 100 — : preferred—— ^Morris 650 , •' 10% •'■.>; 56%' •:• 55 55 8 21% 14%", *13% " 17 *10 7a - 2% 56% 56 *4% 31% *30% &7 56% *105% '"'4-'- 4% y 11 *21% 14% '• ~4% *105% "4% *13% *54 *107a- - 3274 7 1% Feb 18 21 Apr 15 24'/4 Apr 28 ;/ par —10 No Montg Waid & Co Inc.— Morrell (J) & Co 8,000 50 ._5 Petroleum— preferred series A $4 39% 16% v 8 56% -X Jan Dec - 13 Jan 46% Jan Jun 15 May 23 Jun 26 4% Jan 2 22 % Jun 24 ,_1 preferred-.:— Apr 94 6 68 64 21 No par Corp— Preferred 28% 28'/a *37 *7% 16% 2% *2 7a *53 14% 53 10% 22 53 *13% 4% 32 7(!o Mohawk 120 ; 4 106%" 106'/a 28% 176 Mar bVo Jun ——No par preferred— Monsanto 120 *115 >439% ♦77a 7% * 10% 2% >2% *105% "5% *37 17 7b * •'* ,"'1G% *7% 22 52% 52% *105% - 114 4 113% ' 106% 11 *53 *13%v 14% 54% *30 4 114 4 Jun 101 preferred series C__—100 300 75'/8 120 ••>■'- Jan 17% 6 1 1 Mo-Kan-Texas RR 300 14 y4. 75 Va *105 ■ GVgJan 4 9% Jan pfd series B—100 Moline 600 -*13% *115 ;;•, 5 74 11V4 ■ Dec 3% 6 -6y2Jan 3 28 ■ May 11 100 —4—No par Prod——: 1st conv $6.50 1,000 2'/a 2% 2 75% 118% 39 Va *21% 2% • *13% *4% '114 " 28% *10% 21% 21% *2% *7% 7% 11 % *10% 11 *21% 56% 117! 26VaJan 14 • ..4.4; Min Trans Mission 500 4„ 14 Va 106%' .17 1% May x20% 17 8% Apr 76 ;■ 18 : w ,-4.4:;X 7% 7% 7% - % '/a 4 2 28 % 8 Dec 31 Apr 29 . 1V4 Jan5 14 4 Jun 6 par Co Minn-Honeywell Regu 200 : 10% 10% >10 .7Vz *13% ' *37% 17':■■■•,' Dec 3% 11 7 Apr 20 -.5 Copper—J 4'/4 % 4 57% 57%' 58 -'*74% 39% 16% 2% 9% May 19 162 -No par " 17% "• 5 ■ 2 28 1st cum Minn 38% - 17% 8% ■ 109 2% 28% 28% *37 40 *37% 30 .• *1% *115 •>•: .3% Jan 4 6 (The)———— conv 4 7a *9% ' ; 75 *114 106 29% 39% 4*37 120 106 106% 29%' 'vx 97% *97 Co Midland Steel 10 14% 75 Jan Feb Mid-Continent 400 *105 *115 118 . 117 *114 106 % 106% 75 % 6 Corp 100 - 117 •1147a 118 2% 14 v 75 31 18% Jun preferred 400 18% 38% *54 % *13% 2 >4 14 > Sep 1% Jan ; 108% Jan Machine 105% '•:• • Aug 16 Robbins InC-—i_ Shoe Miami *104 9% % 4 Dec 7% 16% 17 Mesta 38% - *117 117 * *2 4 74 75 75 ' 4% Dec Apr Mar 31 300 105% 60> 9% 10% ii ik 2 Va 9- 2% 2% *14 *57 *9% 9% 9% U *% 58% 4.9 9 July 57a 100 & *107% 105% ' 1% Feb Dec 12% ' 15 6 May 12 Merch 4, 400 ; ' 109 *104 104% 1% Jan 26 10 200 14 14 5% 10 4 *38 • *107% 30 138 Jan 6% Jan 27 % Feb —10 preferred series A— 800 *104 38%' '■ *104 4% Jan 4 16% .'■> 9 $5.50 pfd ser B w 4% *17% . 97% *97 97% 38% 38 38 31 :1 Stores conv Melville - 39 : 97 ♦38 Dec 24 7a Jan preferred'—4——:—100 400 21 ' • >26 4 S6 65 *53 65 " 6% 20 27% 24 - 19 V* Corp_:„—_1 Mead Corp 200 25 >*23 ••'.,•'• 28 2972 Jail Elec Co.. 5 »4% -*"20 . *22% • 27% Jan 6 preferred— 100 —^.4——1 conv McKesson & 300 ■ 7644 *68 > 76 ' 6% 23% 5 May 4 May 22 May 12 Stores Corp__— McGraw 2,100 97 6% 6% 65 4 X Aug Mar Mclntyre Porcupine Mines ■ 4% 14% 100 — preferred-. Stores McLellan 76 .' Feb 20 r McGraw-Hill Pub Co—No par 6 *95% 4 97 4 4; 11 *53 '68 11 20 par 500 • 103'103% 6 *6% % 10%- *60 24 22 par —No 300 . 33% 68 24 Sep 13% Jan 3% May 15 22% May 1 1 - Wks preferred———No 6% > 1,100 4 65 68 *63% 29% 12% Jan • par Co_— Alkali $6 1st cum 4 7'/4 *32% 103 y2 *5% 97 6% ' 6% *7 10% : *103 6 4 : 32% 32% 103% - 18% .7 32 *6% Dec 17% May 20 No par, Department Stores $3 7 32 *95%: 97 r > 67a *6% 17 J/4 , 2% Jun >, 4% Jan Maytag Co———-.———No par 100 100 102 18% 7 May 1,000 1% 15' 10% *99 V* 18% ;• 5 ■ 10- . *10% 102 *5% 21% Jan % Mar 27 - Co__———__ 1 L) preferred T'/o 36% *35% Elec ''15 44*1% 15 *76 10 6 x -5 Corp.—.No Corp————-No Masonite 82 *13%- 15 82 *6% 1 Martin-Parry >*160% 169 36% *1% 11% *103 6 6% 25% 1% ; 35% Dec ' 36% 7 ;v *5% *5V4 ■ 97 ; *6% *25% 169 18 J/8 33 11% 1037a *103 '■>, 500 21 18% *32 ■: 11% 103% 3% .4 214 *99% 102 *17% 6% v 32 ; > 6 3% ' 11% *5% 3% *10% 10% *99% >• 1874 31% 11 % *3% 21 13% (Glenn Martin 1,800 *75% 10 > X Apr 5 May 2 11% May 18 • , preferred__100 pr Marshall Field & Co.—1 900 %: 9 19% *1% 15 Market St Ry 6% 18% 18 *35% 10 Marine 1,020 23% Apr 30 Apr 29 17Va 10% 20 2% • par Corp.— 1,500 8% 18% > 21 * Midland 2% 9 % 21 *160% 82 . *10% 102 33% 103% *13% • 10% *9972 :> 'v: 24 1% *9% *1772 6% ■ 21 36% *75% 18% 25% 1% 10 102 *32 15 *10% 25% 8% - *21 ■ > 36% : - 82 10% 3% 169 10 : *3% 24 *160% 1% *13% 10% 3% 2% 8'4 » 9% 18% 25'/a ' -'*76 ' *9% 18'% •' X32 2 * 9»/4 >: 21 21 37 ; *1% '9% ' *21 169 *16074 :< 2% 4 * 7::vJ20%:t720%;;- *1% 18 3% *25 25 » 25% *21%"7-23% : ;•• 37% *99% > 2% 7% " 7% • 18% 18% 3% < 8-; % > 9% V 9 - - . 18% •3% 22 ♦160% 9%'V ->' 18% 3% •>> 7% 7%' 9 V*. *3% • 7%• 9% • 19 >.. :———.No Bros Maracaibo Oil Exploration—. 1 4- '42% 4448% ■ ~ Mandel ■> 19 27 Apr 27 28 % Apr 17 Manhattan Shirt....—...——25 5% 12 Jan 35% Jan 131 124 100 100 13 ; s par 1,100 100 v, r 2% *n y4 N,o No par Madison Sq Garden-——.—No par Magma Copper—1 —1— 10 Manati Sugar Co———— 1 21% >45 v ^0 TOO —— Macy (R H) .Co Inc__ ' " 2% \ 5% *11% 12% 12% *% 2% 1 *% - *5 5% *5 5% 2% 2% 2% 2% *5 "*21 Forbes—— & preferred—— Mack Trucks Inc___ 1,300 18'% ■ 6% • 28% 21 2% : 18% *20% *5 V" 19 126": '120 28% ; 29. 18 '/a *11% *2% *17%'' -19 ; ',126 4 18% >■28% , 18% 17 ♦120 126; *120 29 29 v *16% , 126 * 1% '46 Dec i ' 74 Feb 7 4 , 74 72 Apr Nov . 34 July 15%. Nov 9% May 61% 109 Dec 4% July i 112 Sep Feb Dec 8V4 Jan Dec 517a Jan 19% Dec N " *2% 4% 27/s *2% :.'47/a 4% '2% 4% • *16% 3 V:. 1872 187a 14 72 14 14 4 *4 47a *4 *6% 7 *6% *6% 6% *6% »4\ 4 474 *6% 7 '6% 7 *67a 6% '6% 67/8 14% 14% *155 7a >: 14% 14% * 158 160 1557a 1474 14% *4% >..*13 14% 4% . 16% 16 > 7% .13% *8% '"■974 8% 15% 4% 2174 »' - ■V • 157 133 *14% 15 *33 ' 34 5 74 *5- 217a 747b - ; 4% 68 21% 157a ' 133 33 . •• *67 13 *14% 33% 1% 1% 1% 477a 47% 46% 47% 467a 46% ' 4% *9 47a- *4 10% *4 " *49 Va 50 *51% 57 74 49 • *51% *9% 1074 497a *48% 54 % 7 *52% 54 Va 2%" 3 3% 2% *7 7% *7% 7% *7% *7 78 7% 77B 7 7B *6 7a For footnotes see 4% 107B 50 *3 • . page 2431. / v 5 *46 *4% 10 47 474 10 : • '• *4% 5 12% 4 y4- *67 68%, ♦67 21% 21% '*47a 13% 12% • * 400 preferred---:. 10 Nat Distillers Prodx .4—-No par Nat Enam & Stamping——No par *155 , *14% 1% 46 % 7a 10 *48 Va *52% 5; *52% *120 , 15 - .7 •35 *33 4 • • '40 13% 10 100 100 National Lead Co—* 2,600 157 A ■ A 1% 47% 47% ' 57 74 ' • , " - — ' 474 1,200 -10% *52% 50 57 2% *2% 3 *2% 3 7% 7% *7V4 7% *.7% 7% 77a *6% 77a *6% 300 3,000 47% *4 *48% 200 • . -1% *10 •474' 50 : 14% >15 *33 X 35 1% 10. 133 ~ , ' 300 300 '• 400 —- 800 — 200 . National Gypsum Co—x.x ^—1 • $4.50 conv preferred ^No par 2,100 1% preferred A .•> 6% preferred B— Nat Mall..& ; St'l Cast CO—„No par■ 297a 1% 43% 4 National Steel Corp—— —25 (The) Pa.^ 10 preferred/— 40 572% prior preferred 100 6% prior preferred —.—100 conv National Tea Co Natomas No par ±No par Co Nehi Corp ... 11% 145 129 .14% 4 National Supply $2 , No par 9 8% May 1 "17% Apr 24 14 V4 Mar 17 . 3% Apr 28 60 < Jan 2 No par kNational Oil Products Co.—x National Power & Lt 127a Apr 23 -15 3% Jan 2 > 5% 11 Jan 2 '1672 7 May 13.., ' 97a 12%-Apr 30 i 14% 4% Jan (j'/o 4,700 -j < National Dept Stores:—.:_No par ' 50 77a x— 9% 45% 51 • Feb 6 Jan 26 Jun 12 Jan 17 Jan 7 57a Jun Apr 25 16V4Jan May 6 >168 Jan Mar 17 '146 Jan May 13.> 17% Mar Apr 28 35 Jan Apr 16 3 7»Jan May 28 <" 537a Feb May 14 672 Jan Jun 10 16% Feb May 22 63 Feb May 19 70 Feb 2% Mar 30 6% Apr 28 5% Mar 7 1 97s Jan 24 22% Jun 19 4-16% Apr 1 x^-4% Jan 3 72 Mar 5 3% Jun 97b Feb 772 Jun 12 29 7 17 20 5 5 28 25 6 5 6 6 4 :■ 5% July Jan 23 7a Sep 13% Dec 23 % Jan 2% Dec 7% Jan 9 Jan 5% Dec 6% Dec 13% 7% Jun 11 87a Jan 6 16 Jan 19 I66V2 Jan 14 Dec Dec 14 74 5 5 9 5 53a Jan l®'a 3 x 2% Apr 29 5% Apr 2 24% Feb 18 Jan 4 74 Jun 67a May 16 13 .May 5 140 May 1 i Corp——No par v 157 ;/ 133 *48% '6% Share 300 6872 2% 7 7s "> > *14% .-'1572' 474; *154% 1% 2,500 8% 15%: *120 33 ' • & 10 —No par National Cylinder Gas Co.. ! Nat Dairy .Products.! _:No par 400 .7% Bond National Can Corp— Nat Cash Register 6,000 13%.v 14 ■■■■1 " 21% * 4 7a 157 1%' : *14% ' > 133 33 v> Nat 100 ■ ' - 1% ♦4 'j V *14% "'14% 14% *33 * -33 > r*7% 7% 500 : 16 9 74 *15472 >■ 16 13% • *121 • 13 : »4 7a -v 43/4 > 21 7a 21% 12% X 1374 13% 157 133 4% "3% 68 68 200 * Co 6% conv preferred—10 Aviation Corp— 45 National Biscuit Cox——> 10 1 7% preferred— 100 > 3,900 • Acme ' 16V2 May 27 -A xl > 413% May 26 " .1 3 Apr 24 National " 47a *4 4 *1547a; 217< '*14% .1572 Nat Automotive Fibres Inc— >> 158- 13 13 33% 5 ' - 687a *120 • :.v 15 *14% -.7 4 ,. , 7 •: •i;; 14 13% *15472 ■■157 -♦125 7 • x - 1% *9% • 974' *14% ■; 158 National 200 67/a 14% . Louis———100 St. 500 . 6% 1474 ' 16 7% •: 57z *8% , 4% 14 9% 1% i 13 "15% ' 7% - & 700 • *6% . Chatt Nash .. 4% *8% 15V2 68 14% *15474 13% ' 160 *156 8,100 18 7a x67/b • 14 Va 14 7s 14% " 1674 *7% 7% 14, 7 6% 6% *5 • 227a *14% . - 68 7a *126 16 4 *6% ' 22% -*474 8 7%- 8% 22% ♦14% 14 7B 16% 5% *4% . 1674 167b *4% 4% 4 14% *13 14% ,*4% 13% ;i3% 4% 4% 8% -1478 *67 > 4% *4% 16% *7% 14 *13 14% 14 4 6% .... *1374 14 7 160 *156 160 14% 4 Liquidating Co——No par Nash-Kelvinator Corp — '.5 — '■; 5 5 >16% 47B , • 4% 18 7a 14 74 - 14%' 14% 14 2% 4% *16 7a 5 18% *16% 18% *177a *13% *2% 2% *2% 4% 47/a Nabco • Dec 11 ' • 12% Dec 3% Dec 10 Jan .175%. Jan 160% May x Sep 1874 17% Jan 9% Dec Apr 14% July 7% Dec 11 12% . Jun 16% 3% Dec 7% Feb 17 Dec Sep Sep 107a Apr 11 Jan 8 25% Sep Sep 20% Sep 8% Jan Dec 93% Jan Dec 19% 3% Dec 58% 1274 " " Sep 1607a Dec 176 Jan 138 Nov 154 Jan 14 7a 20 27a 24 Dec Feb Dec 42 Dec 4 Dec 8% Feb ; 36 J Dec 7% Mar 68% Jan 7 % July 16% Nov 41 Feb 68 Sep 43 Feb 757a Sep 2 Dec 5 8% Dec 11% Oct 6% Dec 9% Apr Feb 2428 THE COMMERCIAL & FINANCIAL CHRONICLE LOW Saturday Monday June 22 $ per share $ per share 14 14 74 ♦32 *72 35 ♦72 *107'A *14 *32 *24 25 *14 7% 7% *24 7% 18% 18% *18% 18% 100 101% *24 Va *24% 7Va 6% 6% *11% 11% *37% *4% 7% 17% 18% 17% 17% 100 24% *99 24% 6% 7 6% *11% 11% *11% 11% 37% 36% 36% 12% 12% 12% *4% *4% ►68 72 *67 75 *82% 90 *82 % 13% . 74% 11% 1,600 13 90 32 *82% % *% % *% i% *1% 1% 1% 1% 33 % 1% 32 % *3=2 % 20% 20% 20% 20% % 20% *19% * 32 * 20% 19% *18% 20 Va *18% 20% 151 151% ,152% 152% *152% 153% *152% '109 110% 109 109 *108% 110% *108% 7% 7% 7% *43% *43% 45 10% 5 *89% 5 *9% 40 *1% 1% ♦24% 26% *8% 91% 5 "f; 107% 9 *1% 26 *8%: 9 9 1 % *26 *26 9 *8% 44'/a 10% 10% *89% , 5 9 *8%-. 1% *8% 9 8% . •: 1 8%' " 200 28 '•.•*8% 1 4% 2 19% Dec 9 32% Feb 5 26 Dec 45 Jan, 27 7 Dec 15% Jan 11% Jun 4 : $5 % Jan 54 Jan 19 1 Jun 29 143 100 108 Oct Jun 1151 Feb 42% Dec 60 Aug aa Jan A A Jan 1% Feb % Jan 35 Sep 32% Jan A 23% Dec 7 19 Dec 179 %> Dec 16 Jan 109 (Feb 9% *215 Dec •50% Apr Apr 29 53 Jan 27 14 Jan 6 Jan 31 .Jan 27 96- 2 Apr 7 108% Jan 1 Jan 20 20 Feb 18 8% Apr 2.50 28 Jun Dec 7% 26 14 Oct 40% Nov 2% Jan ; Dec Dec 21 ? Sep Aug 113 Va-Nov Jun Jan % - Jan • 8% Dec 7% , 98 July • 34 6 8% Jan Jan 17% 107 17 10% Jan Jan 57% 3% 6 v28 Jan 58% Dec 93 2 2'A Apr - Mar . Dec 28 38 Oct 17% ■ 10% 19 11% Jan 2 8 Apr 14 31% Apr 27 Jan 50% x Oct 119% 5 26 100; par • Oct 10% Jan 4% Jan 50 — 115 25 Sep Jan 2 Mar 10 Apr 39' 1 50 pfd_i——No Preferred 110 Jan, 8 112 14 23% Jan 1 Jan 24% Dec 52% Jan ——100 Norwich Pharmacal Co__ 106% 9% May 21 85% Apr 14 50 — 30% Jan 192 ; 18 27 Mar 26 6% Mar 31 39 50 — - 18% Aug ,■47% Aug Apr % Mar 11 3 15% Apr 5 ,100 July Dec 4% May 27 ■ Dec 8 26 % Jan 2% Jan 14 Norwalk Tire & Rubber— ---No par 100 8% 5 Jan 116 Feb 25 ' 23 2 100 preferred- series—. Nor States Pow : Jan 3 . Northwest Air Lines i—__No par Northwestern Telegraph— —50 / May 26 A Jan % Jan Northern. Pacific Ry A 200 6 15% Feb 15 31 10 series, 10% 6 12 27% 106 Va Mar 6 Feb 15% Jan 51 * May 25 12% Apr Jan 17% Feb 2 2 100 American Aviation-Northern Central Ry Co-—— 'S 11 Jun 10% Jan . 10 —100 North , 9 25% Jan 109% Jan 36 —100 preferred-:— preferred 5%% ,100 1% *1% 24 18- 1,660 9 *24% . Jan Aug Feb 5,900 32% 32% *1%1% *247/a ",28 6% 107% .9 Ci 33 31% 109 2,700 5% *104% • 9% 33 Adjust Jan 11% May 20 North America Co 300 91% ' 5 5% *103 %~ 107 : 29 • 10% 91% . 44% 40 1% v 30 7,600 - 110 Apr 80 — Nov Apr 6* Y Dec Jan 105 5% 50 Ry Co July 22 Va Feb preferred 17 79 Va 45 Va Dec 16 110 preferred—; Dec 69% July 31% 12 May 22 Norfolk & Western Ry_——_ 30 7% 44% *89% 107% *8% *33 110 % 7% 45 5 600 44.% 10% 91% 5 40 1% 1% *89% - *105 9 *33 40 *24%; < 10% 4% *104% 9% r *33 10% • 30 61 Shlpbldg Corp part stk Noblitt-Sparks Indus Inc—„ 300 ,. 155;.: *108% 7% 46 *43 20 % 154 Jan 2 50 tN Y Ontario & Western N 109 ' Conv 2,600 10 17% Jun par Co Mar 10% 14 99% May 27 237/a May 21 6% Jun 24 No par tN Y N H & Hartford- % 20 ' • *18% 110% 7% 44% *aV., 20 20% *44% 10% 200 155 *108% 7% 44 44% *89% 5- 110% 7% 44 45 10% 107% 9% 10 *43 92 4% *104% 107% *32 46% 10% 10% 91 •106 7% *43% 45 *43 10% *89% 7% 46'% 7 44%' 44% 200 % non-cum N Y Lack & West A r 1% 20 *18% 160 19% '( 33 A *1% 3*2 19% N Y & Harlem RR 10% A ►152 20% 20 - Jan $ per share 11% Jan 100 . Mar 35 Highest $ per share 30% Feb par 90 *25 . _No 5% preferred 1% *1% % 20% 67 *82% 90 *25 *% 67 67 67 Central- 75 27 17 7% Apr 28 6% preferred series A—_ 100 NYC Omnibus Corp,.—„,JVo par New York Dock No 4% 701 York share Apr 22% Apr 1 N Y Chic & St. Louis Co 400 13% % 32 New 400 37% *4% 1% 20% 29,300 13 V, *11% *% * 300 .1. 11% 4% *1% * . 37 13% *22 32% , *4% *82% *20 30 *20 100 ' 7% *11% ; *4% 90 6% 4% *67 *82% ( 25% 13% *12 *68 90 32% 4% *11% 4% 14 *12 100 36% *12% 10 : N'port News Ship & Dr Dock I ,• $5 conv preferred 1 No par New York Air Brake-.:.-..; _No pur 12% 36% Xl2% 104 Newport Industries 11% 11% 37% 13% Newmont Mining Corp Year 1941 Lowest 14'/a Feb 27 70% May 26 28 —100 preferred series A $ per 5 par „No Range for Previous Lots Highest Jan' 11 preferred,—100 (J J) 1,600 25% 100-Share $ per share 1 serial conv of Lowest 2,100 18 : 5% 700 1 8% *99 t 6% 11% 4% 24 18 25 6% 4%% Newberry Co 50 Basis On Neisner Bros Inc 35 7% 100 *24% 25 6% 7 24 *99 100 *24% 37'A *13 14 ♦25 7% 11% 13% ►12 23% 7% 100 108 24 24% Range Since January 1 STOCK Par 73% *72% *32 *7% 36% 37% *13 *99 15 *107% 18% 18 25% *24 35 *107% 108 7% 7% 100 25% 24% 107% 73% *32 35 *107% YORK EXCHANGE Shares share *14 15% •*72% 73% *32 107% *14 14% *72 OK *107% 24% 7% *100 73% *00 35 ♦14 $ per $ per share NEW the Week June 26 June 25 $ per share Sales for Friday Thursday June 24 14% *72 74 STOCKS Wednesday $ per share 107% *24 HIGH SALE PRICES June 23 14% 107'A 107% AND Tuesday t June 20 Monday, June *29, 1942 Dec 27% July 13% Feb O 7% 7% 23% *22% 3% *23 *3% 3% *70 7% 23 *22% 23 3% / *70 73 7% 7% 7% 3% 7% 7% 7% 7% 7% 6,200 23% 23% 23% 22% 23% 1,500 3% 23 / 3% *70 73 7% 3% 3% 3% 3% 900 3% 73 *70 73 71% 71% 3% *3% 3% *3% 12% 12% 12% 13% 70 70 v *12% 137 *12% 13% *133% 137 53% 13 13 140 5% 5% 53% 53% 3% •137 13%.: 140 5% 5% *5% *3 3% *3 3% *3% *12% 1 \i *133% 5% 53% 140 5% 53% ►133% 5% 140 900 140 5% 5% 3,400 53% 3,700 53% 53% 53% 53% *18% 21 *18% 21 *19% 21 19% 20 *19% 21% *19% *40% 42 ♦40% 42 *40 Va 42 *40'/a 42: *40% 42 42 48% 48 -:■> 42 48 53% • 47% 47% 8 47% 47% 8 .,*7% 5% *7% 8 y *5 5% *5 *17 19% *16 18%* 11 *10 11 *10% 48% 47% . 47% 8 53 47% *7% 47% 8 *7% 8 5% *4% 5% *4% 5% 20% *16% 20% *16% 20% 10% 10% 10% 10% 10% 14 Va 14% 14% 14% 15 15 19 19 18% 19- 18%- 18% 10% " *13% 20 26% 19%:19*/2- * 26'/a *15% 16 *83% 85 142 *140% 2% 2% 267/a *26% 26% *15% 15% *15%, 15% 5% 5% *5% 5% 2% 2% 2% 81% 2 2 2 5% 5% 5% 5% 5% 2% 2'/a 2% 10,400 7% *1% 1% *1% 1% *l'/a 1% 14% *25 »/2 27 92 •109 112 109 17 *15 17 *1% *14 1% 22% 23 16% 16% 16% *6% 7% *6% 1% 1% .'<• 112 14% 112 *15 •• 1% *1% 23% 23% 14% ♦13% 14% 112 ►15 112 *15 23% - u 18% *49% * • ■*% % 17% 51 51 *49 49% u 18 17% 65% 65% • 66 65% *1% 2 *1% 2 *!%• 1% *1% 1% *1% *49 2 *1% 1% *34% 12% *11% 13 *11% 12% *34% 37 *35 37 ►102 104 ♦102 104 ►102 *% 18% 49% *65% *% - 18 65% 18 14 v., 65 51 65 Va *1% 37 *49 51 \i 65% 65% 65% *1% 2 *1% *1% 1% 104 *34% 37 *34% 1,500 ; *12% 13% *12% 100 13% Penn-Dixie 200 104 ♦102 105 ♦102 105 20 14,500 , 19% *17% 19% *17% 19 19 19% 19 19 19 19% 17% 17% *17 •«!.- 19% 19 18% *17 *36% 6 39% 1 I *37% 20 *20 *4% 38% 37% 37% 20 19% 20 % *37 !v.' *19% *20% 4Va 4'/a 4% 5 Vb 5 Vb *5% 23% 5% 23% 23% 24 24 32% 32% *33 34 61 *56% 61 *57 8% 73 *99% *103 8% 36% *51 *17% * 103 Va 7% *36 22 *4% 5% 24 33% 33 8% ♦100 *62 7% 72 2 2 *1% 60 17% » 17 Vb 17 7% *51 103% 7% 2 *1% *51 17% 7% 72 35% 60 17% 70 *62 36% 61 100% *103 72 35% *1% 51 51 *7% *62 36% 36 103% 36% 2 60 17% 1% 21 Va 14,200 4% 300 *4% 37 36 37 7 19% 19% 19% *4% n% 24 ! 33 *56% 8 *6% 35% *1% *51 17% 3% *2% 3% *2% 3% *2% 29% 29% *28 V8 29% *28% *4'A 45/B *4 Vb 4% *4 Vb 4% *4% 4% *58 60 33 60 8% 70 29% 59 5% 100 *62 *4% *58 4 '/a 103% 7% 72 36 2 60 17% 3% 30 4% 60 < - 23% *33 8 600 400 24% •' 100 103% 104 *6% *62 7% 50 *1% *51' *17% *27/a 29 36% 18 400 800 300 Va *58 3,ioo , •; 600 200 4% Dec 126 Jan 163 Aug v Jan 19% Aug 147% Apr 1% Dec 4% Jan 5% Jan ,4% Dec 9% Aug 2% Ja,n 1% Dec 3% 10 Apr 7% 27 % 18 Jan 19 Va . Jan 1% Apr 14 ', ; 1% Jan 35%,Jun 11 2)/ 104 18% Jan Dec Feb 115% Dec 14% Apr Jun Dec 20% Jan Dec Apr 73 ;; 21 19 Sep Aug ,1 Dec 52% July Dec 17% Aug Dec 112 l/a Mar 27 30 17% Dec 25% Apr 23% Jan 6 20 Dec 25 Aug 64 108% 5 36% Jan 5 % Dec 9 18% Dec 7'/a Jan 24 4% Dec 51% Feb 26 60% July Dec 38 27% Jan - Dec 17 21 Jan 27% Oct 7 Jan 13 5% Dec 7% Apr 5 4% Dec 7% Jan 6 32% Jan 14 23% Dec • 40% Jan 14 35 Va Dec 76% Jan 30 69 Dec 10% Jan 7 8 Va May 75 12% Jan 72 Dec 89% Sep 105 Mar 110% Deo Jun 104 Jun 26 9 Jan 27 78 Jan 17 41% Jan 2 4% May 51% May 35% Feb 46% 16 6% May 12 65 May Apr 27 1% Feb 25 May 15% Jan 3 July 6 30 26 % Jan 47% July 107% Mar 23 24 par 43 35% -91 May 20 ,100 - May 6Jan ^ No par 11 Va May •41 X:22% May 21 28% Apr a 103 Aug 7 • 31 Sep 2% 30% July 29% Jan 24 Apr 28 7% Jun Jan Apr 11% 9 98 3 Va 34% : 1 Va Jan Apr 27 Dec 3% 23% Jun Apr 28 ■49 Jan 54% .Sep 1% Dec 46% Jan Mar . 89 % 3 4 1 14% Dec 6 5 - Jan 43% Mar . 21 Jan Jan, 30 Va 24 % Jan * Apr 20 % Jan 15% Mar 5 Jan Oct 2 Dec % 5 2 18 Dec 6% 9 2% Feb Jan 14% 9 > 106 108 Va Feb 23 36 1 % May 23 13% Feb 2 17% Jun Jan .95% 5 44 8 tMay 15 ,May 4 37% 16 Va 80% Jan - 1% July Dec .Feb 55 Va Jan Apr 15 „ "56% May 1.. Feb 10 2 , Jan 5 - 17% Mar - Dec 10 May 24% 20 Va Jan 19% , 99 2 2 Jan 27 7 44 _5 25 Feb 95 14 A,Mar 20 par; 1.100 1.100 40 Jan 55% Apr preferred ,7 - Jan Jan Dec 2% Jan 13% May 20 —No par Pillsbury Flour Mills, Pittsburgh Coal of Pa Jan ,17, 5 _5 Nov 11% .-28% .29% Jan 19'A Jun 100 15% Apr Dec . 8, 25' Hosiery, NOV 2% Jan 114% Feb 4 Preferred 2 15% Feb , 18'A May No Nov Dec t 13% Jan No par Pitts Coke & Iron Corp $5 conv preferred 60 May 3 6% 24 36 Phillips Jones Corp 7 % preferred Phillips Petroleum Sep 7% 25% 11 25 Jan 1% Jan 100 25 12% Apr 26% 17 28% Jun 100 60 Jan 100 . ..—100 .- Dec 6% 2 . Philip Morris & Co Ltd——10 Preferred 4%%. series— 100 4%% series_.i._. 100 Phoenix "lO 3% 29 $6 preferred Philco Corp 700 ; 2 60 ' Oct 52% Apr 4'A 8% Jan — Phelphs-Dodge Corp„ Philadelphia Co 6% preferred 500 72 36% ; 56 Va ! .17% . 18'A Jun , — .Petroleum Corp of America. Pfeiffer Brewing Co No 1,400 69% *99% *4 7,700 : 58 Va 8 *67 Marquette Ry Co .5% prior preferred 5 % preferred—', :• v 6 1% Jan 1 -Pet Milk Co„— 4 % 34.- 58% . - 22 5% *5 24% 100 *2% *58 4% *67 103% *20% 22 180 3 15 2 *,100 Co Pere ,180 *28 Vb 60 4 4% Pepsi-Cola Jan .V 28 Mar 15 100 tPeorla & Eastern Ry Co 36 3% *58% Peoples G L & C C (Chic)_. *U 21% Jan Aug May 1% 19%.Apr 29 - par No par —— 39% 1% 29% 60 100 - 21% *29 Va *58'A 18 *!« 5% 8% 70 100 *37% 19% 20% 20% 4% 33% *8 70 100 *17 19% 24% *56% *68 103% 37 *5 Vb 24 72 103 Va 4% *20% 4% 61 *8 1% 21 19% 100 7% 72 *3 37% 99 % *102% 36% *1% *4% 20% *33 *36 'l IG 71% 73 100 *7% *62 8% *8% * 20% 5% *56% \ *36% 1% 21% *4% 22 *20 4% 5% . •tt 5% 22 39% 20% 21 5% *4 Va ■ 20% 22 *4% *36 1% 1% Itf 2lVa 39% *37 187/a 19 . 19 39% . Jan No Corp.*——No par > 5 Vo preferred— ,,100 Pennsylvania RR ——— 50 Peoples Drug Stores Inc 5 7% 10 26 148 100%,Apr 23 Penn G1 Sand Cement Feb Jan 18% Feb 23 11% Apr 2.50 $7 conv pref ser A— - 3 May 11 „No par 10 3 101 4 1 : Penn Coal & Coke Corp——— 27 31 2 ; Enterprises——10;. Penick &■ Ford——^-.^.No par, Penney (J C) Co___ No par, 38% May 13 27 20,% Apr ^1 Transportation 45% 3 20 2 90 L—.No par Parker Rust Proof Co__a 37 12% 1 10% 60'A 26% * 7 par, — Mar 28 Jan .,15% Jun . "11% Apr Patino Mines & 200 1% 37 12% 200 2 , Inc Jan ! preferred————100 * Co—— Dec 48- , 5 " 28- l%Jan l* Tilford Dec 6'A Feb 5% Jan - Jan -150 Jun : ; Sep 17% Apr 16 8% Jan 6 1 Park Utah Consoi Mines— 3% 40 % 6 ; 21'A Feb 1%Mar ,100* & Jan 6 Va Jun 54 . 27 15% Apr 22% Apr . 140 9 27 ' Jan 7 2 9 -Apr 28 9% Apr - - . par,, ^ Parmelee 66 *1% 26 4% Apr 16 Jan Feb 6% Mar 27 . .,5 Inc__^_No Parke Davis & 3,000 ■v Cos 1st u 49 % Jun - 43% Apr 25 it- Transp— conv preferred 100 3,200 18% No Paramount Pictures. Inc—i, 300 14- % 49% 4% Park 18 Va 1% *34% 13% 18% 2 1% 104 v; * 1A 18% • : ' *% 18% ; 6,700 .7 & Jan 104% " ' 3 Petrol Dec July ' 6% Jan 61 25 6% 54 22% Feb 2 —.A—No par", 13% Jan & Teleg—, .-74 100 Apr preferred ——100 •121 Apr Paraffine 20 l% 23 Va 42, 10 Panhandle Prod & Ref 100 ■ 17 -23% 14% 300A 14% ,*i%.l- 1% 23% *13% 14 Va *106% 17 *1% •, i 28 •»'' 100 V Jan Mills Pan-Amer 1% *25% *90 Va ,. 14% *106% 1% 23% *1% 28 100 14% 17 22% *13% 1 % *25% *90% , 14% *106% 17 1 % 28 105 . 142 2 16% Apr 28 * 10 Packard Motor Car——No par,. Pan American Airways Corp— 5., 7% 1% < 14 14 15 16 % 7% *90% 14% *15 1% *1% 23% 23 14% 16% *25% ' 92 *106% 109 *15 27% 92 14%" 14% 16% *6% - 51 x 101 25 Mar 20 4% Jan _5 Pacific Tin Consol'd Corp— Pacific Western Oil Corp——. 3,800 16% Dec Ltg Corp—— ,• 2,000 2% *6% 9% P&ciflc Telep 180 2'A 16% 9 Pacific 3,200 2% 7% 14% 2 ►5% 16 % 92 140'/a 2 2% 15% 27 140'/« 2% 13% Jun preferred—No par, preferred No par (Cal)_. Pacific Gas & Electric——- 120 ; 5% *6% 28% 140% Feb Pacific 81 5% • 7% 105 81 2% , 132 CO— ——12.50 Pacific Finance Corp 700 2% : 2d 15% 15% 81% 140% 16% *90% *15'A *15% 81% 140 Va *7 *28 26% 81% ,0 210 1,600, 2,900 - 1st 9 11% Mar 12 100 Pacific Amer Fisheries Inc— Pacific Coast Co—— ■ 10 28 —No par Glass 10 23% July Dec 2, Jan 1st preferred. --No par Owens-Illinois 70 . 11 26% 140% 2% 16% 11 26% 26% 30 -79 Feb Feb 12 3% Jan - _ 200 :• K conv 2 6% -13% . May 27 6% Jan :.-2% Apr 28 Outboard Marine 8s Mfg—. —5 Outlet. Co^ — i-No par, 20% 15% 81% o 8 v *16% preferred $5.50 Jan 24 . ' —No par. , 2 2 59 No par — Otis Steel Co 2,700 18% 140% 2 2 : V 5 5 • 6% , 300 15% 81% 142 21 -18% 140% 83% 83% ♦140% *26% 15% 26 /26% ♦15% 13% 13% 14% *19% *7% 5'A 16 % * 30 ►133% 5% 5% Otis Elevator Jan 2% Jan 100; Oppenheim Collins——. : 17 6 — - ' *3 vr* 6% Apr 29 — —_No par Oliver Farm Equip,—— —No par 110 . Co Omnibus Corp (The)., .• 8% preferred A 3% 13% Ohio Oil 6 2 3 May 25 Apr 24 No par 4% Jun 12 __No par 58% Jun 11 Jan 2% Feb 56 Feb 13 13 18% Feb 8 4% Feb 6 36% Feb 5 6% Jan 68 Jan v 15 21 1 Va Dec 38% Feb 13 x Dec 2% 27 4% 64 9 Aug 77 July Dec 3% July 52 July 23% Jan Dec 7% Jan Dec 46 Va Jan Dec Dec 8% 84 Jan Jan ' *7% *148 8% *148 — *165% 4% — 8% *7% — — *7% 4 4 Va *4 4% 8 *148 *165% — 4% 4% *4 8 *143 *165% ' *7% 4% *4 : " 4 4% 7% *148 *165% — 4% 7% % 4 4 *4 *4 8% 200 *148 *165% 4% *7% 4% *4 4 7% 4% 4 *45 52 52 *45% 52 52 *44 52 ►44 21% 20% 21 20% 21 21 21 *21 21% 21 21 6*0 59 59 60 60 59 59 *58# 60 58 58 1,000 400 52 *21 *59 *40 *65/a 7% *6% *1% 1% *1% 1% *11% 11% 11% 11% For . footnotes see 7% page *6 % 7% 1% 1% *45% 11% 11% 140 6% 6% 6% 6% 6 % 500 1 1% 1% 1% 1% 1% 3,000 11 % 600 % 11 Va 2431. jf? *11% 11% *11%' I 7% Apr 29 9% Jan 14 6% Dec 15 Jan 100 165 Feb 19 165 Feb 19 163 Aug 166 Oct 100 165 May 23 175 Feb 25 174 Mar 181 Feb —No par 4 Apr 17 5% Jan 14 4 May preferred Pitts Screw & Bolt Pittsburgh Steel Co 7% 200 6% * Pittsburgh Forgings Co, Pitts Ft Way & Chic Ry Co *165% 4% 1 —_No par 2 6% Jan 5 3% 4 Dec Dec 7 Va 95/a Jan Jan preferred class B 100 47% Apr 28 61 Jan 6 45% Feb 65 Jan preferred 5%% 1st ser class A 100 20% Jun 22 33 % Jan 3 24% Dec 43% Jan 100 58 Jan 5% conv pr pfd_: Pittston Co (The) Plymouth Oil Co— No 26 70 Feb 14 51 Oct 75% 100 Pittsburgh & West Va 6% Jun 25 10% Jan 26 6 Dec 15 par 1 Jan 22 1% Jan 20 11% Jun 24 14% Jan 28 iBe May 13% Dec 17 5 Jun July 1% July July , THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Volume 155 STOCKS HIGH SALE PRICES Wednesday LOW AND Saturday Monday June 22 June 23 $ per share $ per share S per share *15 16% for *3% 3% *3% 3% 3% 3% *3% 3% 3% 300 15 14% 14% 15% 15% 15% 15% 15% 15% 14% 15% 5,100 5% *5% 6% *5% 6% .i. 6% 5% 5% 5% 5% 800 5% 5% 5% 5% 5% 5% *5% *5% 6% *5% 6% *5% 6% *5% *22 22% 48 48% *115% 47 *10 • 87% *86 77% 86 86 *84% 87 105 87 105 104% ' 7% ft 7% 7% 7% 7% ; 92 92 : 95 *83 85 *81% 85 10% *10% 10% *9% *10% V 85 *83 10% , 114 *112 ... 114 21% 21'/a 7% 95 *92 95 *83 85 *83 ♦9 9% *9 Va 3 3% 6% 200 ..{ 10% 9% ft 9% 9 Va 3 Va 3 3Va 13% 2 8% Jan 3 5% Dec 13% Jan 8% Jan 3 6% Dec 13% Jan Apr 16 29 VA Jan 3 21 Va Dec Feb 17 52 Jan 6 50 Dec Feb 16 119 Mar 4 115 Jun 9% Jun 3 Oct 40% Jan 61% 120 Sep July 11% Dec Mar 30 86% Jan 14 75% Dec 110 x99% Jan 14 92 Dec 123% Jan 79% Mar 30 111 Jan 9 106 Va Dee 137 Jan 99 Mar 30 123 Jan 6 117 Dec 158 Va Feb 111% Mar 19 115 Feb 2 114 Dec 117 Va 26% Feb 4 10 2 62 20% Jun —No par -—; 7 .—No par (The)_ Jan 73% Mar 31 No par No par 100 100 100 No par 22 Apr 28 8 14% Jan Jan 29% ; 19% Dec 7 Jan Oct 29'A July Feb 94 Jan Mar 12 Dec 100 100 90% May 13 80% Jun 17 101% Jan 2 91% Jan 20 No par 9% Mar 11 10% Feb 25 8% Dec 10 8% Mar 11 9% May 19 8'A Apr 12% July No par 2% Mar 6 46 % Apr 28 conv Purity Bakeries 1,000 8% Feb 42 pfd $5 Jan Dec 4% 25 preferred preferred 5% 10% ; Pure^Oil : ,V : . Pullman Inc 21 3% 16 115 of N J & Gas 2,400 85 10% Pub Ser El 5,600 7% *92 10% 8% ' 21% 7% 10 Va 100 — , Jun 13 100 —50 preferred preferred preferred 7 % ■ 85 10% 6% 16 Highest J per share 15 No par $5 preferred 300 84% 94% *92 *83 ' 7% 7% 93 93. 9% 10% *92 :• 84% > Pub Serv Corp 300 • 104% 7% 7% ' 900 400 9% 71 77%.\ *104 21 21% 21 21% ' 9% 7i 17 $ per share share 6% May 20 5 Gamble & S per Jan 5% Jun 2d preferred-! conv Year 1941 Lowest 5% Jan j.1 Inc— Range for Previous 1 Lots 16 % Jun 9% Jan pfd (ser of Feb 1 '29) 5% 8 3% May 21 7 No par 1st preferred conv Procter 2,900 10 77% ,, 5% 100-Share Highest 15 % Jun No par Steel Car Co Pressed of $ per share No par class B & Co 5% ■i 118 % 104% *112 114 ♦112 114 21 21 %-•'. 71 Poor Postal Teleg Inc preferred - 47'/a *117% 10 *76 9% *77 105 *112 112 % 20% 21% : 9% *69% 77% ,:u 22% 47 , 118% 70 70 70% 77 *103 87% 105% *112 112% 21% 77 47% 118% 118% *22 22% 47 47% 9% 10 *70 76% 105% 88% 107 *112 10 70% " ■ *87 *9% 10 78 *104 118% 76% 70% *76% 47% ♦115% 70% 10% *69 47% *115% 118% *115% 118% 22% 47 47 *22 22% ♦22 *22 22% *22 ... * 4 Pocahontas Pond Creek *15% 4 14% Basis Lowest Par «»«• •* 17 *3% *15% Range Since January On STOCK YORK EXCHANGE Shares 16%. *15 16% NEW the Week $ per share share per *15 16% *15% 16% $ share Sales June 26 June 25 June 24 $ per Friday Thursday Tuesday June 20 2429 x 107% Dec 95 % Aug 12% Oct 83% Feb ' r • ' *9 $ 9%. 9% *9% ' Quaker State Oil Ref Corp 100 V R 3 Va *78% 37 2% 2% *78% 39% :'V: *32% 37% *16% 36% 16% *15% 16% ■/:/, 16% 16% V *15% *15% 16% 8% *8% 8% *8 Vb 8% 8% 8% *23% 17 8% 8% 8% *23 Va 24% *23% 24%;; 12 *12 12% *23% 12 /. 24 23% 24%" 16% 200 12% 400 Reading Company *25 26 21% *20% 21% *20% 21% *20% 2lVa *20% 21% 1% 1% 2% *1% 2% *1% 2% *20% 1% 21 Va 21Va 2d preferred 4% loo ; , 50 _50 50 1st preferred 4 % 100 25% *25 38% Mar 55 Va Oct 17 Va Jun 8 14% Dec 21% July 11 Vb Jan 16 8% Dec 18 Va July 46% Jan 24% 25% Jan 9 34% Jun 4 15% Jan 2 7% Jun 8 23% Jan 5 11% Apr 16 23% May 28 20 May 28 100 *12% 25% 3% 2 *23% 25% Dec Dec 3% Jan 12 *25% %: Jan 2 Apr 23 700 25% 25 Jan 88 2 8Va 300 : 4% 62'/a Dec 1 8 Va ■■■-'£ • Dec Dec 85 25 1 Apr 25 ftaybestos Manhattan———No par Rayonier Inc —1 $3 preferred 25 *25 *25 300 „ 2% 47% Apr 88 24% 12 12% ♦12 12 39% 2,400 8 5 3% Jun 54% Feb 88 No par preferred B Radio-Keith-Orpheum 6% conv preferred $5 • 2% 39 $3.50 conv 1st preferred—No par 500 51% Corp of Amer Radio 15,400 102 2% 2% 39 39 *36% 51% ;• 102 16% *34% 12 -'■& 37 50 50 *78% 102 2% 2% 2% 3 51% *50% 102 2% 2% 2% 52 *78% 102 *78% 102 2% 3% *50% 52'/a 50% 52% *78% 3 Va 3 3% *52 3 26% Feb 3 23 Dec 15 Va Jan 28 10% Dec 18 Va July 27% Feb 2 22% Dec 27% Aug 23% Mar 11 19% Dec 24 Jan 29% Aug ■'ft1'ft *50 85 *45 *11% 13% *2 2 *11% *50 •«: 13 75 *50 75 *45 13 *13% 13 *11% ' 75 *11% 100 *2 13 *45 13 :/ *11 *11 11% 11% *11 :: *11 . 8% 8% 8% 8% 8% 8% 8% 62% *61 46 *40% 8% 62% '40 11% ft 45 8% ■ 63 *40 Va 45 63 *40 2% /■•• 2% . 63 *40 46 ; *2% 2% 2% • *61% 46 *61 13% 13% 13% 13% 96 95 Va 95 Va *95% 74 Va 13% 4% *45 54% 4 vv 78 ♦76% 6% 6% 6% *6% *78; '• : * ' . 13% 13% 98% 95% 108 6% 76% 4% 4Va 78% *4'/a 4% ■ 4% 4% 4% *7 7% 7% 39 7 7 Va 4% *3% 4% 17% 17% 18 *17% *3% * *7 7Va 7 *7 7% 4% *3% "*3% 4% 18 1 *8 Ve * 9 •: 24 24 *% •>'* ; /■;" . *34% : ' ■ 11 15% 15% *30 115% *106 109 ♦106 10% 10% 1,900 15V4 15% 4,800 85 82 »/4 82i/4 200 32% 31 31 200 Scott Paper Co 70 *30% 32% *7% 8 8 "52 % 54 52% *52 *112%. 116 *112% 116 109 *107 109 *107 109 ♦11% *7% 8 *7 ♦52 54 *5% 5% *57% 58% 47/a 47/a *31 Vb 34 *31% 2% 2% . .. 34 " 52% 3,000 200 100 100 Seagrave 5?% 7.800 Sears Roebuck & 2,900 Servel Inc 12'A 8 200 53% *51% 5% 5% 5% 5% 5% *57% 58% *57% *4% 4% 4% 4% *31% 11% 2% ./,,*2% 2% 34 11% li% *2% 2% *2% 14% *13% 1,300 600 33 *31% 33 *31% -11% *13% 14 y. 11% ll'/a 1,200 *2% 2% 200 13% 2% 14 I.33/4 1,000 ' ' *23 23% 75 109 *100 21 21 22 *66% 1% *15 1% *18 *21 22% 22% 72 *66% 22% *66 Vb 108% *100 ,72 1% *11 li/a 20 Va *20% 21% 300 21 22% 22 22% 15 20% 21 *20% 72 * 1% *}& 22 *66% *100 109 *100 1% *il *20% • 22 21% 21% 1,500 72 *66% *66% 108% 108%- *100 *100 72 108 3/4 5 Corp. . preferred —No par y/ 4% Apr No par 54"% Apr No par 4% Mar Sheaffer (W A) Pen Co—No par 30% May Shell Union Oil 15 10% Apr Silver King Coalition Mines——5 2% Jun Simmons Co„ No par 11% May Simms Petroleum 10 % Apr Simonds Saw & Steel No par 20% Jun Skelly Oil Co— —15 19% Apr Sloss Sheffield Steel & Iron 100 65 Apr $6 preferred— —.——No par , 109 Jun Smith (A O) Corp— 10 ' 16 Apr Smith & Cor Type v t c -No par 9 Apr Snider Packing Corp —No par 13% May Socony Vacuum Oil Co Inc 15 6% Mar Sharpe & Dohme $3.50 conv pref ser Shattuck (Frank G) A *16% 17% *16% 17% *16% 17% ♦16% 17% *11% <11% *11% 11% *11% 11% 11% 11% 14% 14% *13% 14% *13% 7'A 7% 7% 7% 7Va 7% 7% 2% *2% 2% 2% 21/4 *2% 2'A 2% *14% 14"% *141% 14% ♦14% 14"% 200 S'eastern *18 18% 17% 17% 17% 17% 300 8,300 No par 8% preferred— —.———100 Southern California Edison 25 Southern Natural Gas Co—.-—7.50 Southern Pacific Co No par Southern Ry *16% 17% *16% 17% 11 *11 Hi/4 200 143/s 100 7% 26,300 21/4 3,600 • 1 7 Vb 7% 7% *2% 2% 2% ' 15 ♦17% *126% 14% 18% *14% 18% 131 18 14% 18 V* *17% 14 %• 14% *17% *127 131 *127 18 • ,14% 18 18% *13% /V ■ ■ *127 131 17% 18% V 14% 131 17% • 17% 10 10 10 *9% 10% *9% 10 10 10% 10% 10% 10% 10% 10% 10% 12% 12% 12% 12% 12% 13 24% 24% 24 24% 24 24% 39 39 ; 40 1% *1% 1% 2% *2% 2% *2% 2% 18% *18 18% 1% 12% 24% .24% *35 40 23% *13% 7 ♦127 1291% 17% *18% 18% ♦18% 18% 23% 23% ♦23% 24 12% 12% 131/4 1,700 24 243/4 25% 4,200 *30 40 37% 37% 200 1% 2% 33% 33% *33% 34 *33% 58% 58% *58% 59% *58% 28% 28% 28% *110 111 *44 28% *110 111 44 44 45 3% 3% 99 *98 *44 For footnotes see 401/4 40 3 40% 28 27% 28% 3% 110 45% 3% 98i/4 page 2431. 31/4 ♦95 3 „ *110 *44 *109 *109 3% 98 28 *110 *109 ♦109 3% 33/a 98% , 3% *95 111 45% 28% S110 *44 3% 98 3% *95 *18 1% 3 1,400 - 100 18% 23% 23% 34 33 33'A 700 59% 58% 58% 30 *3 3 . *109 „ 23% 3 40 *1% *23/4 18% 23% 35% 40 1% 3% *18 59% 3% 400 12% *33% 41 -10 24 *57% 3% 1,100 10% 59% 40% 17% *9% 35% 3% 129'% 103/s *33% 41 17% 9% ♦57% 3% *127 •• 10% 241/4 41 17% *13% 9% 24% ■ 14% / 10% 23% 2% 3 *2% ♦18 *35 1% 1% 1% *1% 40 *37 12% • 11 40 7 28% 111 45% — '33/8 98 39% 28% *110 *44 *109 3 % *95 1,400 3 Va 2,100 39% 290 28% 1,200 111 45% 3% 98 5% Mobile & Ohio 100 6,200 200 stk tr ctfs Sparks Withington Spear & Co Spencer Kellogg & Sperry Corp (The) Spicer Mfg Co— preferred ... Standard Brands $4.50 preferred -—No par -—No par Dec Apr 12% 7% Apr 10% Nov 63 Va Jun 2 53% Dec 67% Jan Feb 2 34 Dec 61 Apr 4'A Jan 14 48 19 Jan 3% Dec Dec 2 14% Dec 22% Jan 5' Jan 96 Aug 101% Feb 77 Dec 97 Jan Dec 11 Jan 129 Sep Sep 86% Jan 23 6% Jan 3 4% 3 97 Apr Jan 20 60 Apr 80% 8% Jan 5 6% Dec 15% July 85 Va Jan 19 75% 4% Jan 5 27% Jan 27 54 Jan 9 Jan 74 Dec 95 Dec 10% 22% Dec 34% 27 49% Dec 53 Va Jan 15 7% Feb 12 Vb Aug 8% Jan 16 6 Apr 9% Jan 5% Jan 20 2% Dec 4 10% Jan 47 8% 27 2 Jan 42 ..« it 27 27 Deo Dec % Feb 5 A Dec % Jan 27 ft Jan Jan Jan 21 ,, \ Nov 14% Dec Nova % Apr 27 34% Jan 5% 14% May 19% Mar 20 July Aug 48% 1 Jan Aug- 39% July % Feb Dec Va Apr 4% Mar 15 1% July 6 May 6% Jan 20 4 July 8 Apr 35 Apr 47 Sep 106% Dec 113 Jun 12% Jun 23 Sep 8% 3 44 Jan 110 Jan 3 19% Jan 3 • x 16% Feb 5 Apr 17% Sep 89% J an 15 79 Jun 94% Sep 36% Jan 9 31 Dec 39% Jan 6 116 Sep 109% r Jun 115%, Mar 107 10 109% Mar Dec 112 % ft Feb 10 Jan July % Jan Jan 28 % Dec 13% Jan 5 11% Dec 3% Mar 24 1% Apr Jan 5 49 % Dec 78% Jan 7% Jun 1 4% Dec 10% Jan 7% Dec 48% Dec 14% July 71% Jan 1 57 10 Jan 3 60 Jan 6 7 Jan 15 61% Mar 5 % Jan / 3% Apr 61% 4 4 20 Feb Dec % July 17 July 3% July 5% Nov 59 6% Dec Sep Apr 22 32% Dec 40 Jan 14% Jan 2 10% Jan 16% Dec 4% Jan 14 15% Jun 9 34 2 26 Jan 28 % Jan Deo 5 Jan Dec 21% Jan 1 Nov 2% Jan 22 Oct 11% 1 % Mar 24 9 18% 3 Feb 30%. Nov 35% Oct 95 Feb 112 Jan 111% Dec 114 Jan 14% Feb 25% July Jan 15 100 Jan 2 16 Jan 28 20% Jan 6 13% Jan 6 Feb 4 13% Feb 118% Nov 8% Jan 5 7% Dec 10% July 29 15 18 11 6 17 26 2 29 20 2 5 24 4 28 28 28 Mar 16 Apr 27 27% Jun 24 <■ 2% 9% July 112 Apr May Apr Apr Apr 35 100 Squibb (E R) & Sons——.—No par $5 pref series A No par 6% 9% 29 2% Apr 14 2 —1 — 23 49 preferred——-No par Square D Co_. 6 21 24 22 6 14 8 1% 2% ,17% 21"% 31% —No par Spiegel Inc—-— conv 34% Jan - -No par 1 Sons——No par --1 —No par preferred A Conv $4.50 100 Mar Apr Jun Apr Apr Apr Jun 29 29 NOV 2 11 12% May 20 23% Jun 2 No par / ———;——100 preferred $3 conv 1% 14 17% 126 14% 9% 10 1 5 Sugar So Porto Rico 5% ___ Platinum Greyhound Lines South Am Gold & 16 17 9 2 May 25 43% May 6 4% Jan 2 8 Apr 14 53 Jan 2 . —No par 1 No par No par Co Sharon Steel Corp $5 conv 58% 4% 12 14 53% 58% 34 14 Va 7% :■■■ 7% Apr Apr Jan Jun Mar 26 2 3 7 2 30 23 19 28 15 21 10% Apr 23 Seaboard Oil Co of Del.—No par •:> 2% 'Iftl *7% 8 8 *517/a preferred JSeaboard Air Line 4-2% preferred *2 4% 11% ■ 7% $4.50 preferred May 3\ Jan % Jan 2 Jan 5 Jan 29% Apr 104 Jun 9% May 12% Apr 78 May Nov 16 2 129% Mar 25% x 112% 106% % A No par —_—No par No par No par —100 52 *11% 5% *31% V 2% V %* '% *57% • 11% 14 C2 8 54 5% 14% 2% ■:v" 7% 47/a ii%; 12% *11% 12% *2 % > Sep 53 Apr 6 7% Feb 100% Mar Apr 23 7 9% Jan 8 14 22 Jun May Jun Jun May 23 Louis-San 6% $4 % % % *% 7% 58% *2% J/2 7% 4% *14% * '/a 7% *52 54 11% *30% 32% 51 % 5% 11% *82% 52% *57% . 58% 700 1,200 51% 5 5% 5% 33% 104% % 2 '4% *58 33% 104% 52% 7 8 , 33% 104% ; 7% 7 7 2 2 33% 112% * ll7/a ♦11% 11% 53% 200 12 112% 3*3 52% 7% *2 *4 *30% % *1% 2 53% 7% 33 ♦% 11% 12% *1% 53% 33 200 104% 85 "106 % ft 33% *82 109 7% 12 *4 }St ft . *% 104% 33% 114% "106 ft *2 7% 12 104 85% ft V, May 14 2% 12% Feb % Feb 17 10 Joseph Lead 15% 3SK "11% St 10% *% *% 1,500 15% *% 18 9 May 6 Apr 28 Apr 30 3% Jan 6 16 Feb 19 7 May 20 34% May 13 No par 100 10% "112% 30% 24%,-24% preferred. preferred 15% 109 114 ... conv ^Rutland RR 7% 11 114 30% 32% *114 , *82% 84 *82 85 24% J 15% 104% 11 ■V" 11 33% 104 v> 15 % $2.50 38 Va *36% 15% *33% 10% 800 R% 11 34 105 11% 700 / *% *4 337/a 15% *82 ft % *2 12 11 % 38% *ft 4 • Mar Dec 22% Mar 8 5 x 20 35 6% 6% 10 10 —No par Ritter Dental Mfg — No par Roan Antelope Copper Mines Ruberoid Co (The) —No par Rustless Iron & Steel Corp— 1 Francisco 100 preferred — 100 JSt Louis Southwestern -100 5% preferred — 100 Safeway Stores No par 5% preferred . .—100 Savage Arms Corp 5 Schenley Distillers Corp —5 5%% preferred 100 7% ♦4 15% ■' ♦24% 24% * 31 104% 34% J — *% ft ♦2 12 8 *36% 38% ft; 24% 24% * Va 3*3 7% *2 *4 106 *104 % % A — 24% *% 12 8 Va 8% *36% <■ 2'A 2% 8% .38% '/ — 24 24 % % *4 *8% *36% Va ft C.'A JL 8% 38% 8 *36% 39% Va 2,000 - Tob class B Richfield Oil Corp ./ 4'A (R J) Jun 16% Feb 11 22 6% May 20 75% Apr 29 3% Mar 9 1 Spring 55 30 24 11 13% X94% 70% 4% 11. 106% / 54 Common 20 18 17% , 8 *17'/a Reynolds 5,800 ./ 7% 7% r *36% / 24% *7 18 17 Vb r 40% *37 7% *7 Reynolds *500 4% 7 7 7% 40% 1 110 470 15 Apr Apr Mar May 38% Jan 6 2% Jun 22 100 1 8 Jan x55 25 400 1> "' 78% 24 Va 24% 24% *37 warrants. Apr 11 6% 10% 7% Republic Steel Corp No par 6% conv preferred 100 6% conv prior pfd ser A 100 Revere Copper & Brass—No par 7% preferred 100 5%% preferred —. 100 Reynolds Metals Co— No par 5%% conv preferred-*— —100 150 6% 4% 4% Preferred with Reo Motors v t c 56 78% 79 ^ 5,500 -ftjr 112% 6% / — 200 <• 4-"i 55 % , 6% *4'A 40% *37 111% 55 78% : 24% 24% 24% *7 *3% 4% 18 24 Va 7% *7 *3% 18 f # 7 7 *7 r : 39 *35 39 ; ;' 39 24% 24 24% 24% *35 4% 6% . 76% 4% 6% *77% 6% : 78% 54% — 72% ft; *70 Va 112 54% 3 *45 54% 6 % 97% 4% 110 110 ~ 13% 97'A 72% 4% 4% 2% 13% / • 2 39 100 Rensselaer & Sara RR 'Co *2% 2% *71 72% *4% 4% V 45 95% *71 107 '45 54% * 45 > 107 110 *107 110 *107 , 72% *4% 4% 4% 4% *70 74 Va *68 • 13% $ 98% *73 *2% , 13% *94% 13% 2% 62% *40% *2% *95% 2% *60 ; Remington-Rand 1,200 " *60% Mfg Co Reliance * 1% Jan 13 / —No par 10 — _1 Reliable Stores Corp 6% *6 Va -*11 11% *61% 5 8% : 6% *6% 6% *6% 6% *6% ■ • 11% '' 8% 8% 6% .■-'*6% 6% 11% 5 -——100 . 1st pfd & Co (Robt) Reis ' *6% *11 Hosiery. Silk Preferred : ■//■.' 75 *11% Real 900 2% 108 % Jun 1 40% Apr 9 111% Apr 20 2% Apr 29 89% May 2 17 2% Jun 3 15% Jan 26 144% Jan 5 13% Jan 26 18% Feb 23% 120 Aug 16% 1% Jan Dec 27% 10 Dec 13% Sep Jan 14% Aug Feb 19% Feb* 23% Mar 50% Mar 24 Aug Mar Dec 11% 24 150 8 x ,. Sep 2% July 19% Jun x 5 35% Jan Dec Feb 13 10 12% Jan 1% 13 27 20% Jan / 16 26 % Jan 9 5 1 May 2 Dec Jan 19% July 36% 37% 2 Nov Oct Jan 6% July 3% Feb 6 20% Jan 8 17 % Dec 22 31% Jan 6 27% Dec 37 Mar 24 27% Apr 39% July 38% July 60 54% Aug 60 • Jan 3 4% Jan 6 45% Jan 14 38% Jan Feb 6 11 114 49% Jan 6 113 Jan Jan 6 110 Jan 8 Dec Dec 6% Jan 34% Dec 57% Jan 31% Feb 3 111 Dec 40% Aug 117% Aug Dec 48% Dec 3% Dec ~6% Jan 47% 8 5 July 108 Jun 113% July THE COMMERCIAL & FINANCIAL CHRONICLE 2430 Monday Tuesday June 20 June 23 STOCKS SALE PRICES LOW AND HIGH Saturday June 23 Monday, June 29, 1942 for Friday Sales June 26 Thursday Wednesday the Week NEW Range Since January 1 STOCK YORK On Basis of 100-Share Range for Previous Lots Year 15)41 " June 25 June 24 EXCHANGE Lowest Lowest Highest Highest ' $ per $ per share & a'a '/8 % va If! U *% *5% 6% *5% 6 Va *5% 6% *% n *5% 6% 6% 6% *63/4 7% 20% 19% 20 19% 20% 24 '/a 24% 23% 24% 24 24% 23% 35 Va 35% 34% 35% 35% 353/8 35 31 293/4 30% *29% 30 *29% 293/4 *29% 25 24 243/4 *24 24% *24 25 Va *24 55% 54% 55 *55 543A 6 5% 5% \*3% 4 33/4 4 43 a 4% 4% 4% 4% 49% •122'% 123 *122% *3% 4 *13 l'/a 20% *19% 13% 1% 1 Va 9% 2 2 34 22% 22 3A 22% 22% 223/4 227/a 23 4 Va 4 Va *4% 5 *4'/» * 35% "32% 1% 32 % *1% *1% 5 *4% 5 *32% 35%' 8% 8 8% 34 34% 34 13% *4% *1% 8% 30 Va 303/a 30% 30% *5% 5% 5% 42 *37% *38 43% *38% * 3% *3% *55/a 5% 5% 18 Va 18% *18% ' *3,a f> *3% Apr 28 Apr 13 33/a May 28 -11% May 13 1 . (4% Jan 4% 27 3% May 4% Dec % 9% 8% % lGto 8% 8% Apr 28 2 Apr 15 28 Apr 28 May 26 •5 10 „ Jan 66% Jun 126 July 3% Dec 9 Jan 12'A Dec .■ 1 % 16'/a Nov 25. 193/4 May 16'% Dec . 3 26 243/4 Jan 28 5% Jan 5 3% 5 ; May 13 .33% May 21 2'A Jan 93/a-Jan 6 6 63/a Jan 6 Jan 16 11% Feb 24 53/4 2 9'A Jan 20 Preferred 200 Thermoid 104 2% $3 dtv — 2 '/a 41 .—100 , preferred- .—--10 conv Jan 7 15 30 .—100 Jan 2 500, 25 5'A Jun 18% Jun 26 Tide Water Associated 2,300 %! 50 ' Avenue Ry- (J R)——_ 1% Apr 16 5 Sep 73/4 July Feb 6% Aug Dec - 14 Dec 10'% Jan July Jun 44'% Sep MarlO , 32 2 Dec 4% Sep Jan 28 38 May 60% 5 3% 343% Feb 27 33/4 Jan 30 12 40 Jan 1% Sep 5«/a July Dec Aug 7 4% Jan 3% Jun 6 Jan 24 3A 6% Jan 20 27yz Jan 11 Mar 27 8% Jan — 38% 11 43/a Jan 3 Thompson Prods Inc—- -No par Thompson-Starrett Co__— -No, par -No par $3.50 cum preferred 3,200 8%/ Thompson 1,300* 9% Third 400 200; . 18%' Jun 3 May 20 .3% Apr —1 Co„ 42 Dec 4% May Dec 33/4 2 383/4 Mar 27 Sep 463/a Dec 5% Mar 6% Jun preferred— -No par -No par —i—i 9% Feb / 30 'A 6 Nov Dec 2 / Jan 27 34% Jan 14 5% 38% Aug 33A Jan Dec 34% 3 Sep 7% July Dec 1% Aug 24'% 3% May 16 39% Jan 5'% Aug 25 Dec 27 3 Jan July 18% July 23'A Jan Dec 73/aJan conv 2 3% Dec 20% May 6 3% Miff* 6 :21' Dec Jan Dec 117% 9 ; Jan Apr 9% % 4'% Apr 28 Mfg Co—— -No par The Fair 34 'k i"c 10 30 Coal & Oil- 3 14 t 15% 7.'% May 14 —25 Texas Pacific Land Trusts- ——1 wlOO 320 5% 5 Jan 5% Jan July Thatcher 3'% 5% 126 Nov 8 3/a 8% 50 9 x 6'A Dec Texas k Pacific Ry Co..— 400 $3.60 18% 11 Apr 20 a% Mar 7 —5 Produc'g Co—. -No par -No par Sulphur— Texas Gulf 700 ■ 47 *1% 574 19 —: Corp———_ Texas Pacific 2% *32 1 (The).——— Texas Gulf 40 3'% 2% *18% Texas Co 6% ,1? 47 34 Tennessee 700^ 4% 9% 553/4 Jan 3 Apr Corp . 14 4 1,200 5'% i 8 'A Jan Dec 33% 5 . 1% Jan 19% Mar 11 J— 53/a Jan 15'A" Feb 21 133/4 Jan 32 500; 30%' *2% 3% *5% 5%' 8% Jun Apr 28 -9 400 *37 47'% *2 2 *3/a 9-/4 9 2 Mar 26 4,000 9% 2% *32 9V4 i<r *8% % 9 9 ' 6V4 May 19 16 116 3% 1 —; Telautograph Corp— 2'A 4% 40 a% 19 18 % 43 100 Paper Co Talcott Inc (James) 83% *63/a ,' 47% 32 5% * Apr 33/4 Jan v.5 % % partic preferred- .——50 333/4 / 30 6% *2'/a ,/3% 2 5% 19% *% ,uu 10 *8% *5% ♦18% 4 4 ; 2% ?->: 5% 93% *37 ~ 49 *3Va 2% 5% . % 4% *9 *6% : 2% 2 Va 32 19% .'i 40 *46 34 *1% 1% * 3% *32 6% *37 49 *3'/a 34 1% 2% *1% 3% 3 Va *32 34 *32 *46 9% *6% 2% 4% ; *9 40 *2'% 46 46 50 *46 2% *2'/a 2% *2 '/a 5 5 3 Va Mar i ; „ Corp Symington-Gould •• *8% 5% ■ • ■2 33% 30% 5% 5 35%/ ns/4 8% *8 34 5% 9% ^ — 800 4 *32% > 2 30 Va 5 Steel Sutherland 43/4 *4% 5 35% *32 % 5% 6% Jun par (The)— —No. par Superior Oil Corp Superior 20 Va *3% 30% 5 66 4 5% *9 Dec *3% 30 % *6% 51 Swift International Ltd—: 534 : 9 2 1,900' 30% 4% 57 5'/a Jan 23 *30% 7 Jan Apr 24 Dec 48'% Aug " 23 2% 9'% 40 > No par Superheater Co 100 *3 33% 4% Dec 23 *2% *6'% Dec 29 223/4 33% *9 Va 33 Iff 3J/a May 27 ,203A Apr 30 2% 5 3 34% Jan —10 2% 7 33'% Jan May 20 Sweets Co of Amer (The)——12'% Swift & Co 25 33% 10 46% 2,600 2% *6 3/8 34% July Feb :_1 ^ Nov 25% Mar 33 223/4. 34% *4% 5 : 223A Mar 25'% 42 10 __1 (The) Dec 17%'Mar 24 —25 L S__%—No par. Class A pfd (4%% cum) ^-100 Sunshine Mining Co——100 1,200 93/4 *19 * 43/4 *2% *9 Sun Oil Co 200 1% *9% 19% 2% 5 '/a 6 Webster—No 21% Mar 42% Jan 27 22% / *3 *2% * 27% Jan 4% Mar Dec Apr 28 30% Apr 24 25'A Apr 28 _25 227/a *19 2% * 20 Dec 10% 5 9% May 20 173/a Feb 13 2 Va 34 % V, *1 10^ *9% 2 *8 8 8 34% *8 *12% 1% 1 5 . 100 49 % 12% "12% •35% *13/4 *2 *1% 2 *4% Stone & 70 4 1% Jan % 8 3% 1 14 22% Feb Stokely Bros k Co Inc Studebaker Corp 700 22% *32% 13'% Jan Mar 14 Corp___J__ 3,400 , 33/4 123 *22% ; 35% (The) 1,200. 4%' 122 % 4% 4 Apr 28 Stewart-Warner 33/4 223A 4 4 4 4 Stai'rett Co 6 6 Sterling Products Inc—-J—% 122% 22% 22% per share '/a- Nov s 14 . 18 Standard Oil of Ohio 1 GOO 4 *47 49 *22% 22% 7 . 1% Jan —_25 Calif 800 3% 19% *3 43/4 22% i\ Jan v 11% Jan No par Oil of Indiana. of 900' .4% 4% *33/4 10 *19 19% *3 •22% = • 5% 4% ■;;; 4% *122'/2 123 *93/a 9% *19 43/4 *3% 4% *47 1% 13 per share ^ 49 *12% 1 20 % 4 4% 3% 13 *3 *3% 4% 3% 10 *19% 43A *3 54 %1 5% 4% *122% 1% *9% 10 *9% •54 6 4% 3% Jun 25. 1—No par Oil Standard Oil of New Jersey 300 4% 122% $ per share 3A Apr 25 5'% May 14 .—No par ... Standard ' • 300 4% % 82 - prior preferred—No par Standard . 8,200 10,600 25% 43/8 33/4 • • 29% 29% 5% 122 —No par $7 cum prior preferred-, 6,700 f *24 *3% 49 ; 25% : 4% 49% 20% 54% " 54% 54% - 13% 1% 35 Va 29% ' 233/4 34% 6 4% 3% *13 13% *1 23% 35 *49 123 3% 233/4 34% *5% ■ 49% *49 233/a 35% 4 Va *4% 4% *49 20 6 ♦3% 4% 4% 400 20% 24% 54% 543/4 *5% $.4 preferred $6 cum "7 20 4% *5% *63/4 6% 6% 6% 19% 25 300 % 6% 7% *30'% Standard Gas & El Co 1,100' % *53/a 20% *7 % ■ " ,u $ per share Par - ' 53 % 20% • share * * 6% % *% *5% $ per $ per share $ per share share Shares $ per share Nov 34 Jan 1* Feb Dec % Dec 1% • Jan 2 10% Jan 7 18 Jan 12 10% Feb 9% Mar 11% Dec Dec Dec • 8 Va 8% 8% , 83a *8Va 8% *87 88% 88 Va *87 88% 25 25% 25 26 % 26 Va 25 V4 *25 25% 37% 38 37% 37% 37% 373/4 37 % 4 Va 4% 4% 4% *4% *4% . 4% *934 11V4 58% *5% *10'A *57% 59 5% *5'% * 11% 58% • 9% 9 ■•/. 9 9% *10% ♦87 88% *87 11'A 13 $4.50 conv preferred.—. -No par 57% *5% 5% 85 Mar 28 95'% Jan 1,400 Timken 10 22 34'/a Jan 2,500' Timken Roller Bearing -No par 32 May 20 May 20 95% Aug 27% Feb 99% 26 43% Jan 373A Dec 51% Jan 4% 1,000 Transamerica Corp_^-—- —2 ..,4 4 Dec 5'A Jan 9% 9% 800 Dec 17% Jan *10% 93/a *9Va 11'A % *% 58% *54 Transcont'l & West Air Inc. Transue & Williams St'l 900 %' *55'% ♦22 23 2% 2% *2% *33 34 34 9% 93/4 9% 22% *22% 223/4 *1% 2'A *1% *11 53/4 2% 9% ■, 33 33 *53/a 5% 34% *32 5% $6 preferred—; - *33 *2 *534 s' 20th 100 35'% 5'% Coach Co 4 1 Jan 2 67% Mar % Feb 12 9% Jan 7'/a Jan 10% May 21 23% May 20 1% Jan 3'% Jan 21% Jan 403/4 Feb 5 ■ May Jan Jan 7% Sep 11'A Aug 9% Sep 16% May 3A Dec 6 63/4 Jan 29 24 16 13 5% May 16 2 75 / Dec 4 11'/a Jun Feb 60 19 Sep 10% Aug Dec 2 Jan 7 19% Jan 1 — 14 23 11 Cen 35% 6% Mar 3/4 Mar $1.50 Twin 8% 5% Jun Twin 50 103/a Feb 3 57% Jun par —10 — 43% Jan 123/4 Mar 17 ——1 -No — 28 83/4 Jan -No par —— Corp Jan 7% May 15 Fox Film Corp—..No par preferred——..-No par -No par City Rapid Tran 7 % preferred—— —100 100 27b *53% 5% 2,500 22% '■ *323/4 35% Truax-Traer Truscon, Steel Co 93/4- *22 2% *iy8 100 11% 93/a 9% 22% *22 5% *5% *11 11% 93/a 9% 22% 2% 35 *5% 5% *5% 11% ♦11 11'% 22% 9% 9% *9% *22 *11 •11% ♦11 11% *11 5 3/4 5% 5% 5 :-No par Tri-Continental Corp-- 40 * 58'% *5% *55% Axle Detroit ' *5% Jun 38% 0 57% 5% 8 4 % 4 *10% 1 11 11 Yi 1 9 88'%' Oil— .—10 37% 38% "*Va 11% *10% . 25% 373/4 4% 8 % ♦87 88% 2*i,3/I 38 9 9 Va 10 % *87 % Feb 27'% Sep Dec 9% Jan 4% Dec 1% July U 34% 8 8 8 64 65% Va *111% *111 % 112 *104% 105% 104 % 34% 34% 34% 34 35 8 65% 8 . *111% 112 104% 104% 34% 34 8 8 65% 643% 64% g 643A 112 *111'% 105 Va 34 ^ 104'% *10% 10% 10% 10% *10% 10'% 66 Va 66% 66% 66%, 66% 67% *75% 76 Va 75 75'% 76 76 23% 23% 23 112 105 103% 22% 22% 22% 22% 2,900 Union Tank Car 24% 25% 25'% 26 5,700 United Aircraft Corp—„——5 23% Jun *94'% 95 95 95 400 10 3A 11 5%, conv preferred—^——100 Un Air Lines Transport——-—5 Co————No par 89 Apr 17 7% Apr 17 9% Mar 10 preferred————1—100 1043/4 Mar 24 94% 95% 95% 95 95 10% 10% 10% 10% 10% 10 3A 45 '% *17 hi *17 11% ll 3A 11% 5% 5% 5Va 2% *36% 40 *1% 2Va 2% *36'A 39 - 40 * 44 42 Va * 13% *42'/a 18% *2 11% 11% 113/4 3,000 5 Va 5% 5'A : 5'A 800 2% 200 2% *1% 2% *1% *36% 40 *36'A 40 4% *4% *25% 27 25% ; 25'% 27 27 52% 53 5274 , 53-/2 52% 52% 52 3A 3% 3% 3% 3% 3% 100 *98% 98% 13% 100 13% ♦98% 14 13% 13% 3% 100 3% 13% *2% 3% *3 *79% *27% 29 27 *6% 8 *7 *165 170 *5% 25% *24 25% *104% 8'A 47 47 *165 *37'% 39 *24 25'% 9% 25% 26% *26'% *21% •u 17% 16% 17% 28% -81 30* 30 ,v *7 8% 3% 3% : 47'% 26 3% 11 ; 110 29 22 22 1,000 5,900 22% 200 7% 1,200 tU S Realty & Impt 16'% 16% 16% 17 17 5,100 74 U S Rubber 74 743/4 1,100 44% 500 45 65 46% 45'/a 4534 45% 45'% 107% 107'% 107% 1073A 107% 19 19 44 ♦43 U S preferred—Pipe & Foundry—— Playing Card Co *3A 74 Va 46% U 8 ♦62% 65 45'A ' 45'% 107% 108 193/a *18% 19'A 44 ♦42 44 *43% *62 45 64% 45 Va 46 107% 108 18 3/4 *42 19 44 167/a 74 *43% *62 46 1073/4 183/4 *42 64'% 46 % 108 183A 44 2,400 700 Apr 4% Feb 27 2% Dec 23/e Dec 3 Mar 12 2% Apr 17 77'% ADr 9 87 Feb 25 17 33% Jun 26 Jan 7 6% May 14 40% May 13 159 May 1 3% Jan 6 113/i Jan 26 50 Jun 172 Jan 5 63A Jan 18 14 83 117 V Jan 143/4 Nov 4% 4 • 93% Dec Sep July Oct 9% , Feb •19 July 73/4 Dec 13 July 37% Dec 170 69% 183 Apr Jan Jan 4% Apr 27 34'A Jan 30 40 17 33 Feb 43 24% Apr 34% Jan 27 20 Apr 33'% Aug 28 Jun 47/a Feb 9'/a Jun Jun Apr 28 2'/a Dec 2 11 Jun 26 5% Apr Jan 20 114 Jun 10 54% Feb 17 20'A Dec 31% Aug 2 25% Dec 34'A Feb 24% Jan 25 18% Apr 26 Sep % Dec 22% May 1 26'A Jun .1-10 26% May 1 30 10 100 -50 50 No par 100 .... - mSn 3% Jan —20 —— preferred Dec 8'% Jan par 1 U S Tobacco Co—I. 7% 100% 30 2 '/a — — 17 15% Jan 20 No par 25 Apr 27 % Apr No par U S Steel Corp — 106'% Jan > 7 3% 1st preferred—i Preferred Dec 93% Mar 27 .,113A Apr 28 99 U S Smelting Ref & Min Preferred 11,500 4'A 5% Jan 16 53/a July - 100 U 8 Plywood Corp-i. Co 11 —No par Partic & conv cl A— *21% 45 *18% 10 Prior % 74 *42 1 _No par preferred———No par ,U S Distrib Corp conv pfd— 100 21% 45 107% 900 3% Mar par 1st *3/4 75 19 Paperboard——— 21% . 45 44 United % 16 % 19 No -No par — U S ; *74 2431. 1,800 100 *27% *42 Improv't $5 preferred— $6 170 ' ♦63% ' United Mer & Manu Inc v t c- U 8 & Foreign Secur— .81 26 75% 63 % 1,900 400 25% 45'% 3 29 16% 17 page Jan 26 75 see 10% *2534 *44 footnotes 1 *27% 76% For 3% Jun 29 U Sep, Sep Nov Gas 26 *21 33/a 51 United 400 *26% 3/4 Dec 203/a May 3% Apr 3,300 *25% 74 27 Jan 6% 3% 26 ) a 10 30'A Jun 13% 10 Jan Dec 27/a Jan 29 lif 13% Dec 25 3A 44 % *62% 10% 23/4 Jan 50 Jan 79 U S Leather Co—__———No *2% *103 13A Apr 28 34'% May 12 1% 42 500 3% 10 110 6% Jan 28 Sep _21Ya Sep Dec U S Industrial Alcohol——No par 10 16% Jan 15 Dec Dec May 600 *2% 25 52 Dec 60 25' ♦103 15 5 30 25% 3% 26 5 *24% 10 % 35 Feb 3/a Jan 2 3 50 110 19 20 27 Jan Feb 39% *2% 45% Jun Jan 113% Mar ♦37% 10 Dec 5 39% *103 143/4 July Feb Dec 1083/4 35 ♦37'% 10'A 8% 5 72% Jan 39% 104'A Jan 18 4% Apr 15 Cos———5 500 9% Mar 1 8% 26 13% Jun 3 Coal 5% 25 17'/a 253/a Jun 33% 47 May 48% Jun *7% *165 Jan 9 3/a July 5 15 11% Jun Co———No. par 5% 473/4 170 443/a Electric 53A *47 *165 31 Dec Fruit *5% 48 170 *5% / Dec 283A Jan Jan Eng & Fdy—i*..-5 31% 8'/a 1 24% 6 T — 53A *47 *164 76% 65% 33 May 33 United Drug Inc ———5 United Dyewood Corp10 Preferred———1—_ 100 Freight CO— .——No par XJ S Gypsum Co———— —20 7 % preferred-.— .———100 U S Hoffman- Mach Corp—-A—5 5'% % conv preferred—-—^——50 44 *62% *7 *3 *78% 16 24 ' Feb 85% 85% , United 13'%' 3% 37 United Corporation———No par v $3 preferred— r—No par Sep 61# 1043/4 Jan 112 16 Dec Dec y36% Jan 12'A Jun Dec 57'% 73 United 98 81 11% 5 United 13'% *3 *78% par 30 Sep 200 98 *27% Carbon Co———No 4 Nov 112% 2,000 13% 3 United 22% Jun 25 1153/4 /■" 200 98% *2% 3% *3 133/4 6,600 May Jan Dec 52 3A 27 - *20% 23 li! 22% 5% ■ 3 3% *98 ; 4%- *26'% *26% 253/4 29 . *2% 3% 137a 3 104% 110 29 22% *27% ■' 3 *104'% 110 * 5% < *3% 98% 1 98'% >1378 , . 40 4% 4% 4% , / Biscuit ———No par ♦37% 47% 170 5% 2% 10% *25% 28'% *6% 9% 3 3 10% 28% 8% 434 *78% 81 25'% 39 40% *39 3 Va ♦78% 39ji 5% 6 *3 3Va 81 170 46'% 48% *40% *164 3% 28 *79% 81 *3 3% *3 3 3 3% - *4% A 5 Vo :_.100 United-Carr Fast Corp—No par 11% 26'% 43A 200 5'A , United .30 11% *5% : *4% 54 81% Feb 4%. preferred——-—; 1113/4 100% x 133/4 Jan 29 77% Feb 17 18% *25% 53 1 2 74% Jun il 43/4 54% 54% 10 633/4 Jan 600 45 27% 6 Union Pacific RR Co———100 A aa Jan Union Oil of California——___25 3,100 110 *17 45 108 16 1,500. % 800 11% *13 36% Jun 1,700 ; *105'A 110 27% *4% *25 10% 107/e 13 *17 % '8 • , 11% ♦36% " 13 *105% .18% ,s, 1(1 5% 2% 2Va 110 *42 Va 18 Va Ta¬ 11% 5% ♦38 hi ♦12% /13% *1053/4 43'A *17 18% TiT 12 12 *5% 43% 42 42 18% 6 76% 94% H 12 May 100% Mar 24 68 11% *43 Sep 1123A Jan 108 .—No par 763% 95% *17 Jan 79% 67% *95 13 Va 12% Feb *10'A 10%. 25% 110 Dec 107a 24% *12% 7 60 67% 24% *105 Sep 5 3 767* 24% 13 % pfd—-No par series 37% 9'A Jan 74% Jan 66 7i 24% 105 % $4.50 Dec 17 Apr 28 76% 23 % 12% Preferred 2 7% Apr 58 10% 24 Va 105 % Union El Co of Mo $5 . 27% Jan par 77 24 13% 50 350 No —No par Carb__—No par 67 25% 110 112%.. 104 Fisher Co Carbide & 10 3% 24 13% Union *76 25 *105% Union Bag & Paper 7,100; 67 ; 23% 11'/a Under Elliott 3,000 647% *111% *104 23 % 1,800 8 % 8 64% 643A 112 112 104'A 8 64% 36% 36 34% 8 65% 13% Mar 54 17 Mar 11 6 183/4 Jun 8 Mar 10 77% Jun 51% Jan 14 37% Apr 17 58 1 Feb 20 Apr 28 44% May 20 107% May 15 15% Apr 29 39 3A Mar 27 7T 9 Jan 19 553/4 Jan 1193/4 Jan 13 24 3 Jan 5 46% Jan 14 4% Aug 103/4 105 Sep Oct 2'/a July Dec 28% 58 Dec 103% Sep 43% Dec 65 Va Apr 13% 69 76'% Dec 19'% 42 Jan 130 Dec Jan 33'/a Dec Mar Jan 70% Dec 47 105% Sep x Jan 50 3% Nov RECORD NEW YORK STOCK June 22 June 23 June.20 $ $ per share per $ per share Thursday Wednesday Tuesday «3/4 ■ • Vm 78 * < 78 V 52 V* 40 ♦35 *12% > 11. *12% 13 49% *48 49% *153 , 156 . 123/s 145 153 *151 » *142 .-•■< 145 ' 153 - 156 • ... ' i- .. $6 • - 8% 145-': J42 - • preferred— 7 % A Dec 9 4 2'A Dec 25 14% Jan 5 12 6 52% Jan 6 43% 12% Jun 41 100 142 Apr 24 150% Jan 147 Apr 30 159 — May Jan . $ per share Dec 19 Feb 44 .100 1st pfd_ Highest $ per share Jan 1 15 par No — Universal Pictures ,40 156 Lowest \l Jan % Apr 34% May 20 par 1 Leaf Tob Universal 10 • No Year 1941 Lots S per share % May 25 5 preferred conv Universal-Cyclops Steel Corp 100 1349 "*151 r ' Stockyards Corp—.— United Stores class A 1,000 ,39 *48 • United 300 ia 3/b '*11% •••• 49 —' *48 ■ ..'",*3/4 r *35 *142 150 *144 150 152 > - 12% 13 *48 152 156% \i Range for Previous January 1 Highest $ per share Par Shares $ per -share 39 ' *35 Lowest EXCHANGE the Week Basis of 100-Share On NEW YORK STOCK for Sales - June 26 tt : 39 *12% ♦144 149• ' h, . *35 40 13 47% 50% ♦144 *153 52 'if ♦35 47% *12% 13 *48 52 40 *35 *% '% Jft *% • - \ $ per share $ per share share Friday ■ June 25 ' * June 24 Range Since STOCKS HIGH SALE PRICES LOW AND Monday ; Saturday 2431 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Volume 155 1% Jan 1% Jan 62 Sep 16% Jan Nov 64 Sep May 6 140 May 157 Jan 21 133 Jan 162 Oct ' -i •*24 *15 * %. > 12 14% • 14 Vi *7 3A 16% *'24 24% ■:> *24 - : 24% 14% 8 *21% . 73A *114 115% *21% 115% 38 *36 *49% 53% *49% 53 *19% 20 - '2 :>• 26 .*25 V *19% 21% ! 31% ♦27% 28 28 *114 28% 115'. *70 74 70 130 *120 130 115 : * *125 130 ♦7 ■■'"■ *6% y 7% 19% ♦17% 18% *17% Dec 34% 11 % Mar 2 8% Dec 15 Mar 24% Jan 7 20% Aug 28 July 112% Jan 12 115% Jan 30 111% 6 39% ' *25 26 28% '400' *70 7 V" *7 5 75 7 19% *17% prefj. 5% Jan Mar 27% Sep 2% Jan Jan 19 2% Jan 19 % Dec 33% Jun 15 18% Dec 28% July 4 115% Feb 25 118% July Mar 11 6% May 22 1 114 Dec Jan 29 11 Dec 23% Sep 31% Jan 20 30% Dec 42 Jan 29% Jan 7 29 Dec 33% 96 Vs Mar 5 89 Feb 105 Nov 9 135 Mar 143 Jun 19 3 120 1 July 57 25% Jan —100 138 Jan Feb 10% Mar 25 16% May 22 25 Apr 1 22% Jun No par Aug 45 2 Apr 29 May 22 Jun 24 $1.25 preferred 116 8 —-100 — Dec Jun 20 1 Jan Mar 57 .24 26 70 Vultee Aircraft Inc— 600 200 19 14 __25 25 Detinning Co—. Preferred Jan 22% Jan 110% May Dec Mar 55 . No par pfd—_100 Co——■ preferred — Vulcan 20L 7% 18% 18% 6% L 130 " $6 Pow Coal & Coke 41% Jan 1 18% May 26 , _100 Virginian Ry •200 *27% *120 El & May 30 53% Feb 19 No par Chem— div partic preferred Va Iron 28 75 18% 18% Va 40' 26 130 7 6% 7-' ■19% *17% : 6% \ *14% 115% :' •r Va-Carollna 2;300[ 2,100 33 Va •"115 15% *120 70 *120 s500 ' 1% rl% *70 75 •♦125 «i: 130 .*70 76 31 15% ——5 20 20 32 • Apr 14 % Jun 25 -7% Jun 24 >19 Mar 9 100 Victor Chemical Works •* ■(': 2 28 - 15 ——100 32% • *25 26 preferred--!.—. 1st Vicks Shreve & Pac Ry % Aug Jan 6 3 Jan • Chemical Co———_—-5 Vick "'*14% 15% 7% 30 53 21% 31% 114 i 37 *49% 1% *14% *25 26 26 114% *36 53 *19% 31% 114 22% 114% ' A 29% Feb 20% Jan -1-—.5 Raalte Co Inc Van too- n Jan 30 2 20 22 No par 2.50 Corp of Am Van Noiman Mach Tool 37 *36 • 2 2 ; 114 < ' • •—*49% 16 28 3A 28% 28% 28% *70 26 *25 •i 54 31% 31% *14% 16 *14 J/4 *49'% 2 • 114 113% 113% 16 v- 20% 20% Z 1% 313/a *31 T 114 *14% 38 •53 13A 13A 32% 32% *113% *49% ■.;< >22 V4 115 -*114% 115 '*36 8 % • >.%Jan No par i—100 !... Preferred Vanadium 1,000 •400' 15% "f *7% 22% -*21% 22% .*21% *114 -38 193/4'".. ■'19% 2% 1143A *36 : ■■ 22% 114% - : 38 *36 <>15 83/4 *73/a Salesr__^ Vadsco i 30 24% *23% " 8% *73A 22% *21% .22% *114 24 14% "14% • 143/4 7% ■ ! .8 -*% "if •-23% 24 24 1 •15 *143A 8 3A ♦ ' *% 12 12 • ■ 200- " 12 25 >y *% W ' 26 : 26 % *7 :;v y 16"% 7 . ■: 17 i'V/y i 97% *163A *6% 17 97% *163A *95 99% 3% ; 3% X33A 33% *33% / *% ;■; *% n . *23 ;yy- 26 •2434 25 % 25% 14% i. 25% * 14% 13 13 . 17 *62 // 107 .? - : , , 25% *25% 25% 14 *12 . *21 *13% 25% .25% 2 13 25% /• *133/4. 14' I !<•-" *2% .163/4 *153/4 163A 69% '63 Va 69% *63% ♦42 46% T 45% *16 ♦62% 463A ♦14 463/4 50% ; y 12% *12% - 14 120 y ; v *26% y -29 23% *26% *45 J ' V 85 45%; 51% 52 *60 H- *20% *98 Preferred 15 103 /, *2 2% .13 ! "15% : , S 300 Wayne Pump Co {100 Webster 69 V2 : ii % 14% 14% 24 Vt 150; ;> ; 1201 % 14% 14%: 14% 70 .68% y; 68% 119% *119 24.; *23 68% 68 , *119 120 24 120 *23 24 • s' 29 y; *26% "29 102 % 102 1 *26% •; 29% 102 % 50 *45 50 *45 85 *76 85 ;> *76 68% ;»A24«iv •it y *40 *76 68 - 4,000 westinghouse El & Mfg—- . 119% ' 24,. i 6% 50 5350 20 20 60% *60% 61% '•♦60% 61 13 *12% 13 *12% 13 12% *12 12% " 20 20 J 19% *60% r / 61 20 r: 20 *60%n61 'X: - - *12% *12%"; 13% 13%- . 12% 12% 12% 3% 3% *3 2% 2 12'.' 12 12 ' I 10 TJ- 12'A ' - *2 *3% 3'A 3 Vt 3% *3 2 *2 2/« *2 V'i 2% *2 50 : ; '*30 3% : 1 ' 50 = *17 17% *2 ■;,, *30 50 v *16 3% 19 2% *1% 1% ,0 ' *30 . 50 *16% 17% A16% v TO 50"" "30 ; 4 17 17': 17% 2% 50 2 1% 1% y.v 5% yy- " 5% 5% 5% 4% ". 4% *1% 1% 1% : ,;■ 1% 2% 5% 5% yy *5% 4% 4% :.y. • 5% y y 43/a 4'/a . *106% 19 4% 4% % •. y •/•*!% !. :-V 1% . 21% y = 1% - 26% 25% 15 14% 14% *60 62 118 :• y *100 183/4 y >14% . 19 253/4 62 18 3/a 253% ;:26% 15 .",*143/8 15 4'/a •<• 62 *100 118 ■ 26 Va ,*18% 26 3/8 " 62 "*60 *100 26% 15 62 26 Va .19 -yy. 263/4 4% ' 118 ;*18% • ' Rock Min 121' *114 131 *108 : • 121 *114 *41/4 ;; 121 *41% 44%," ' "1(100 14% ' 118 /18% • *114 .■y 14% preferred 46 *43 47 *81 86-— 44% 51% *43 y t Co_i_ 18% 263/4 * 1 .'300 27% 15 V- y;,y *141% $6 preferred,. Pow 6% - Woodward Iron Co Woolworth 12,1001 *113% 118 *10% *113% 118 *113'% ♦6% 6% *6% 6 3/a - 193% 103% 10% 11 ♦113% 117% 29% 29 29 80 80 80 80 8 8 73% 73% 7% 13% 12% . . 86 2 ♦Bid • stofjj ; and 20% Jan Deo 4% Jan 7 3% asked prices; ••..'' *7% 12% 13% *12% 1% 13 *1% 1% 1% 1% no sales on r^Cash -jsale. ,*;s Special :,sale,s.. 15 163A Mar 25% July Feb 3 65% Mar 74% 70 Dec Apr 25 91 Jan 22 41% Apr 27 36 Apr 27 104 Jan 8 99% Dec 93 Jan 8 89 Nov 9 112 Mar 15 Dec 1 6 113% Jan Feb 6 99% May 28 12% May 9 .-2 Apr 28 4Va May 20 104% Jan 2 16% Jan 88 3 18 Apr 28 Mar 11 Jan 107% Jan 117% Jan 20% July 107 Apr 13A Jan 115 •> 15% Dec 3% Jan 27 Oct 29% July Dec 4% July 8% Jan 28 9 July U Jan 27 .' jTa Feb 1 % May 27% Apr 2 18% Feb 31% Nov 5 15 Dec 24% July 19% Feb 63% Apr 24 117% Apr 29 104% 106% Jan 4% Dec 6 71 Oct 105 Jan Jan 28 118 Dec 141 Mar 29% Feb 2 81% Jan 127 31 Va Jan • Jun 27% 27 V* 8 34% Jan 36% July Apr 7 105 Apr 112 Aug 60 Aug 65 July 93 Jan 22 85 Dec 100 Jan 19 Va Jun 25 58% May 9 13 May 5 27% Feb 4 21V, Apr 303% July 60 Va Jan 29 58% Dec 76 15 Apr 17 10 >% Jan 157/a July 15% Jan 5 10% Dec 17% Jan 3 7/a Jan 26 23% Dec 8 % July 3% Jan 27 2Ve Dec 5% Jan Jun 50 88 6 Apr 18 Jan 8 1061/2 Jan 441% yy *42 46 : No par pfd__——100 ; -10 x ■ 8 13% 1%- v 7 *78 ,y " i • ••' "" 4 *10% '"'10% i 6Va 29% 85 • • . "•/> . ;•" 8 *7% 293% 85'" ■ 8 Yale & Towne Mfg. . ' . i • preferred series A Youngstown Steel Door 13% 13% 13% 3,900 1% 1% *1% 1% 1,700 '■ • 5%% - -No par No par • 100 -No par • Zenith Radio- Corp——t—No par v Zohite Products Corp 1 , Premier Food Stores, Inc. 41 Feb 54 Va 13 18% Dec 26 % July 53 2% Jun 18 1% Dec 23% May lVi Mar- 6 4% Apr 29 1% Jan 3 1% Apr 2% Jan 6Va Jan 5 3 Va Apr 6 Va Dec 3% May 13 6 3/a Jan 20 4Va Dec 7 733% Jan 13 60% Dec 77 Sep 107V2 Jun 1 109% Oct 115 Nov 7 19% Dec 6 15% Jan 2 -10% Apr 28 111% Jan 3 B—l 100 — Young Spring & Wire-' >300' 12% — Youngstown S & T 1;300 1,000 Preferred tin receivership, a Deferred delivery, b Name changed from Union Ex-diyid,epdsc -.y Ex-right?.;: 5 C^ilfd: fpr, Tedemption.7,; ITT :..r this day. —25 Co Yellow Truck.& Coach cl k >300 * No par ' 1,400- *6 Va "v"6V4 29'% *78 =500 jWrigley (Wm) Jr (Del) 12 ^T4% Jun 22 *-118% May 27 111 Feb 13 4214 Jun 17 - 44 Jun 9 • 80 Jun 23 • 39 Apr 24 Prior 20 300 ?- ., 117% < •-•*113/4' 117% 29 V4 ' i *19% <19% 11-:- *76 Va *7% 85 53% y Jan 22% Jan 21% May (F W) Co————10 6lb f~~~ % Jaa 1% Apr 15 - preferred A———— 100 preferred B ,_1 -100 pfd 41/2% series! —100 Prior pfd 4%% Conv series—100 Wright Aeronautical-!-, No par I- 121 ■' 53% •' yyy 53'% 6%. — • • -r - T% Dec 1% 6 56 May 25 107% Jun 1 18% Jun 25 —5 7% (——— ■ *108 C:;y*4i% -19%.-19% •10% - 63/a. 29% 29 *78 ' y : 117%- -*113% *6 Va " 6% 6% - •19 3/8 85 *53% ' 81% 13 •'",*114 46 *78 533/4 29 Va 30 30 85 *53% 19% 19% 19% 11 *80% 10% 3 15% Apr 23 Worthington P & M (Del)—;No par 1400 131 "' 10% ' *43" 46 *78% 533/4 19% 20 11% 121 ;•,: y "r *41% v44% 81 80 *52 51% - *19% 131 *108.; 121. *41 , " "*107/8 13 2% Feb 20% Jan Jun1 25 Mar 6 1% Apr 29 - 40 May 6 2——1 —No par -20 L Wisconsin El i—i ' 86 52% 52% *112 % 131 .y: ♦108 y . ,44% ' *81 153/4 Jun 6 May 18 1% Jan — Oct -wU—' ^ 18 ■'Willys-Overland Motors———1 6% conv preferred 10 Wilson & Co Inc i No par %.'■ :500 :■ 18% i . 2,100- ■■ v ■'■■ 47 ♦43 131 *108- 131 *108 44% *42 Jan 17% July -12 3 " *112% Sep 233/4 Dec _ — Apr • No par Spr Co $4 conv preferred Prior Wilcox Oil & Gas .200 2;700 f- 53/8"' :" "'*5% '5% 43/a. yyy *41/4 *59 ' 118 i,,/.' .*i8 ' 38 Dec — 21% 50 - " 5 *107 60% 60 61% 118 .*18% ;yi% 1 % TT ' *60% 2%.1 "—'*1% 1% " ;ut TOO' " ■ ♦100 2% *1% 2 y White White Sewing Mach Corp JVe-Z£ v -17% *16% ~ •: Feb 10% •' Feb " 19 13% May 27 - Dental Mfg (The S S) White Motor Co '300 ' *30 1% July Dec 14 Jan ' 100% Jun i——No par ^ No par 120 L -—t—l ■ ■"■V White 2,300 : t% " ; % Sep Dec Dec 25 22 7 Wheeling Steel Corp $5 conv prior pref <900 : . ■ 12% 6% 77 Jan 53 1% Jan 29 26 % May 18 23 % Feb 18 Wheeling & L Erie Ry Co.i—_100 5%% conv preferred 100 1 . v M 20%: ' *3% y 3% •■*2 2% - • 85 *76 Feb 16 Jan 5 v No par $4.50 preferred 2 3A 3 5% Jan 74 13% Feb 23 . 26% 3 Westvaco Chlor Prod——No par J— 1 Va Apr .■■•../.: 20 19% *26% >529% Dec 13 Va 2 ' Instrument Elec % 9 8 _12.50 Weston v 18 i 18 - preferred Sep Jun U Feb 21% Jun Feb '—50 —50 1st 50 102'AT 02% -•*40 T ! 50 ;. ;85 u * 5,100- 200' 6% 39% Jan -102 May 12% May 2,300 '• Dec 25 J/4 Jun Juns 18 ■ 14% *23 102% -No par . %100! 2% 6 34 - Pulp & Pap Co 15% — 59% May 20 —100 _—100 pfd 100 23% y 67% *26% y 29% 50 ■ • -No par • Western ■ 300 i 5% % '"119% r 102 85 y; ■■■ - - —No par : ! Sep Feb 6 33A May Jan Sep xl234 5 15% Jun 36 25% May 16 Jun 11V2 Jan 15 par No par i preferred— preferred West Va - •• 1,700 2% . 14% V 119% *23 . 102 % 102% —No 36 3 1 12 ——1 — Eisenlohr 5 4% Jan 26 4 13% Jun 16 preferred ■—! l .100 Auto Supply Co 10 Western Maryland 100 4% 2d preferred i 100 ' Western Pacific 6% preferred—_100 • Westefn Union Telegraph——_100 Westinghouse Air Brake No par1 15% v" v,*4 ,14%; 67% i 700* 103 l-.-f Jtfo ;V 23% 24." *119 ' " 12% 2 1 2 Mar Jun 25 5 — West Penn Pr Go 4%% : 150' + 7% 6% " *23% *123/4 • % Jan U Jun Jan * '25% Jun par No par West Penn El class A 1100 I 52 s &.. 2 % 5% ;::■••;• % 23% 14% Pipe $4 conv preferred i ,65 *98 2%; *4 •W-% * > Fdy & Wesson Oil & Snowdrift 400 5 * 46. v V:- y-j.5%- 15% *1% T 2%- *4 5 *4% . . JI ' 60 v2 133/a 4 17 102 '■ •M'M. 14 Jun 19 —_ J—-No 2% 12% -12% n. 103 *98 ;■ 15% 15 T Receipts—— Waukesha Motor Co V107 ' A: 107 ' 107% 13 13% *98 103 =15 *16 ' / 213/a 61% *12% No par 22 %jfApr 27 'May 14 x65 —No par UOO 16 % 52 * ' *61% Feb 4 par — 143/4 46 107% 54 *12% *45 ; % May 16 100 .—5 Washington Gas Lt Co > 2V« *63% y >51 • 23%';':, ,:y 24-%. •"24% • 102 y 50 •76 2% Jun par .No Warren ' / 6% 16 13% Mar 23 " 59 13% *2 4% .. y.v *23 102. ?: 1023/4 .No Pictures Bros A, par - 1300 ■■''; i • 12 3A *14 i 69% • *106% 107%" 50% *12 3/4 * 119/2 24 3/4 >■" *23% . j 100 14 V ;./,-* 16 16% *153A r. ■. • 2%"T 60 '.," 59 j 107 ;: 106% , 153A / 68% 70% 70 -No $3 preferred 40 i 25% Vs ! "■'•'•14 y 'r -;:•■ *12% 60 " -60 60 :,l:/ 14% 143/4 . preferred Receipts i 25"% * 25 v'-. ' — _ iWarren Bros Co—_ I par ..No par $3.85 preferred i 600 lyZ//:-' /.■•.■£;;;■:! 26 *21%, V 25% *25%' 133/4 v 103 *97 ..yy 15 •:■ .. *<i<1 119% Warner ■ ■/ preferred Class B % «3/4 Jan Dec 17 Ward Baking Co cl A 20 105% 31 Va Apr 7% i Jan Jun (H) Good & W Ltd—..No par 1400' - Apr 22% 96'% 23 5,100 ■>> 67% 1 25- — ~9% Dec 5 3% Apr ,500 5%: 5% / *21% : /-T/.:" 2% 13 i.;;:,' 4% i*. 14% 1 Dec 15% No par Div redeem {100 . 6% 4 19 Walk . 17 23 1,000. 31/2 26 7 % Jan 18% Feb Apr 1,000. •15% ■ 303i Jan 3 97% Jun ! preferred with warr Walworth Co ■' par .No 100 41%% * 5% , No System Walgreen Co— hoo- 334 -I: - ■•'.• *65 24% ■■:: 24% 143/4 54 : ::■ ]-^ic -:y a *24 i 24 % *4% TOO 20%- •21 1 '♦2% : 107 106% 2% *2 -r-' 331/4 *2% ■"<;■ :•; U ' *% 2% 62 13 16 *15% {,! 25 .*223/4 • • i/.:. 143/4 16% *51 v 103 *97 • % 1 * % ' \ 25 *2% 69% *60 13 13 16 34 •-,*% '/'■•% ■/■•• V/ 67% ' *65 - -*15 v» 5% -5% 67 % ' /■; 52% 52% 51/4 5% *13% ; 47% ,47% 60% *106% Waldorf 1200:" 6% Mar 25 preferred w l__ —100 Wabash RR 9,400 > 98% 32% :. % 20% • 13 2% 47% 60% *19% 14 13 •62 47% x - ■ 3%:, ' *% -* H- .14 13% ! ; % *12 *2% 163/4 70 • - *3% - 15%--' *23/4 201% *65 1 . *22% 14% -:•/ 3% 33% - *15 ; ; • 3% % ' % *22 25% 25'% / T *25% *23 13 % '2% *163/4 •// - 153/s vi % -67% *% .*13% *12 y. 143/4 *2% 7 ' :t- 25% . *14% 25 : *95 ■ • / tt :i 1 *% * 5% *65 .J, - •?' *-16 % ' 20% *5% : 16% :?3% ■-■■-V •-y 33% ♦191/a % 20% - 5% 68 68 - % *23/4 " /: 1 *24% '•'■ *6%- 98% - *95 37A.( 34 *143A 3% % 21% 5 70 15% ♦23/4 % % ♦20 5% 5% *68 *143A 2% '• % 21% v /•:: 25% " 26 ;: 7 '■ > T 15% 2% 3% ' *% 33% *143/4 15% *2% *20 Z 33% 34% *14"% 7 »6% *16% -••— 99% *95 1 *34% ;, 17 253/4 f./ 25% - 7 33% 3%-. 3% 4 4 '• 163A 7 7 26% 25% 26% 253/4 . .:v7-.;vT', ' ' 98 ♦95 26 25% 7% 16% 5 Apr 23 28% Jun 3 78 Jan' 12 7 May 14 24 Jan 28 -Jan 15 21% Jan 28 120 117 54 Mar Jan Jan Jan 147 Aug 130 July Jan Dec 73% Aug 50% Dec 75% Aug 86 Apr 122 July 50% Dec 80 Jan 15 5 Dec 22% Jan 17% Jan 120 Jan 19% Jun 22 13% Jan 14 120% Mar 17 10% Dec 109'/a Dec Jan 19 Jan 13 Jan 14 Jan 5 5% Dec 29 Dec 76 Dec 9% Dec 12% 42% 95 18% Jan Jan Aug Jan 15% Apr 7% 37% 84 12% 19 13% Jun 25 8 Dec 1% May 21 2% Jan 26 1% Apr 8% Feb g Name 3% Oct nNew changed from General Theatres Equipment. : • r*.; •: Jan 25% July * 85 • 15 62 34Va Dec Mar Jan 473% . 57V4 Jan 26 104 16 98 3 26 33% Dec 23 Va -;• Mar 25 Sep , 1 - - .i - — - - .... THE COMMERCIAL & FINANCIAL CHRONICLE 2432 Bond Record New York Stock Exchange «» FRIDAY NOTICE—Prices "and are Interest"—except for Income and defaulted bonds. Ended June Week Last Interest Period £6 or 3-D -1944-1954 ..... Treasury 3%s__ January 1 Low No. High Week Treasury 3%S_„ 3s 107.16 108.27 109.17 110.8 109.13 ~1 102.21 104 1 103.7 104.7 105.20 107.18 108.14 Treasury: 2%s„. .J 5 109.14 110.29 CUba MS 11945-1947 1948-1951 M-S . 1951-1954 ; Treasury 2%s— Treasury 2%s— M-S —1958 •1963 107.4 108 110.28 110.17 4%s 107.16 108.31; *108.18 108.25 107.2 108.16 109.31 ,-1960. ■1965 J-D 108.16 J-D *104 .29 105.5 105.3 M-S *106 .24 106.31 106.17 107.7 —1949 •1953 .... *110 .5 106.13 J-D 110.13 106 .13 106.17 M-S *106 ,25 107 106 *103 .28 104.4 103.6 _1956- •1958 M-S M-S 103 .8 101,2 103.8 101 .2 101.10 100 J-D *105 .3 105.11 *28% *27 101.8 J-D *105. .7 105.14 1947 J-D *104, 10 104.17 .. 100 ^ . Low 2 F-A *100 ; J-J 1945 A-1951 A-O series B 80 46 100% 107 106 115 15 21 *17; 20 20 29 48% 47% 47 47% 39% F-A 39% A-O 35% 1942 M-S 3 » 42 22% 2 63 35% 73%' 67 1 59 70 68 , 26% 28 67 68 M-S 3 35% 73 68 9 72 67 A-O 39% 33% 73 A-O : 83 9 4 *18% ,\:i .1962 —_1940 75 100% 101 a. , 18«^ 102% 102% 100 103% .. — J-J • 100 12% 99% 101 109% 111 ... A-O 1952 ser ; J-D 97 18% 78 29 32% 30 17% 100 *101% . 29% 31 25% 18% 104 % *102% v, High 25% 26% 31%. 29% *17% ; J-D .1953 (Rep of) 8s 5%^ 2d series 100.24 101.21 1954- 1956 1948- 1950 M-S 15 1948- 1950 101, 9 J-D 101.17 A El 103.27 74 63 73% 61% 70 65 70 8 14 AO *65% 61 70 101.12 69% *65 69 J-J '11% 13 1967 J-J *8% 1945 M-S 75% .1949 dep.! (Republic of) 7s J-D . 104.27 Finland 102 101 45 A-O 1948 _„1969 — Salvador 8s ctfs of AEstonia 105.21 104.5 ..Jun 15 1949- 1951 J-J *ioo. 19 100.25 1949- 1951 M-S *100. 16 100.22 100.11 J-D 100 14 100.14 100 100.22' 1953- 1955 J-D *103 15 103.23 102.22 103.24 6% 13% 75% 65 85 98 66 85 82 85 100.20 1951- 1955 (Republic) extl 6s— French Republic 7s stamped- 103.27 104.24 100.28 101.5 -Sept 15 Treasury 2s Treasury 2s No. 103.14 105.16 *101, ,1 -1952- 1955 —Dec Range Since January 1 Sold 26% 26% M-N F-A 5y2s__. § A 1st series 5y2s of 1926 102.18 103.14 J-J —1951- •1953 —MarTs of 25% .'w J-J § A 2d series sink fund 5%s 1940 Customs Admin 5%s 2d series—1961 5%s 1st series___ ^_1969 104.6 1967- •1972 Bonds ; .. M-S 1949 External gold 4%s 107.2 M-S : og Z M-N 1949 SADominican Rep Cust Ad 5%s 105.24 106.23 11 ——1950 •1952 4—L—1952' ■1954 — High 26% . *• J-D .- JAADenmark 20-year extl 6s__—-1942 External gold -5%s— -1955 105.25 .1948 wks ASinking fund 8s 110.16 .1945 2%s.... Treasury 2%s_.. Treasury 2%s___ Treasury 2%s—Treasury 2%s—. Treasury 2'As— Treasury 2y4s Treasury 2s Treasury 2s—— Treasury 2s._... Treasury '2s__.... Treasury 2s '*m i- F-A , —.1977 debt.... A Czechoslovakia 108.15 109.25 *109 21 109.28 J-D A Public 107.30 *109.15 109.23 — — external Sinking, fund 5 %s__ 105.13 106.9 105.17 *107.16 107.24 . Treasury 21/2s__. Treasury .. • M-N (Prov) Argentina 7s.l—..1942 Rica (Rep of) 7s ,,..'.1951 (Republic of) 5s of 1904.....1944 External 5s of 1914 series A-, External loan 4%s.._ Treasury 2%s__'. Treasury 2%s— A-O Cordoba 109.5 100.14 110.13 110.15 *105.9 — — J-D 1956-1959 Treasury 2%s... —i-..: *100.6 • — M-S Week's Range or Friday's Last Sale Price Bid & Asked Period ,107.29 *106.28 107.4 M-S Treasury 2%s„. Treasury 2%S—. 26 A Costa 110.24 110.24 110.24 " —1951-1955 ....U955-1960 . Treasury 2%s__. transactions range for the year, 104.20 1 103.7 104.7. 104.7 J-D j.1946-1948 ..... Treasury 3s Friday Interest Exchange Ended. June Mtge Bank 6%sX--—.1947 ASinking fund 7s of 1926.. 1946 ASinking fund 7s of 1927 1947 Copenhagen (City) 5s.i.—.X 1952 25-year gold 4y2s_. 1953 1 103.7 — the only are Low el07.13 el07.13 — J-D J-D 100 102.24 102.24 A-O -1946-1949 ——...1949-1952 .. *109.5 A-O 1943-1945 1944-1946 _. ... unless they range, High 114.14 116.2 115.10 107.16 107.16 ** J-D 1943-1947 — ; MS —1946-1956 1 Treasury 3%s,_ Treasury 3l/aS.._ week's the A Colombia *115.3 A-O ...1947-1952 — Treasury 3%S_:l Treasury 3%s_i Treasury New York Stock Range Since Sold Government S, Treasury 4%s__ : Treasury 4s disregarded In are BONDS Bonds Friday's Sale Price Bid & Asked Low U. Cash and deferred delivery sales Week's Range Friday BONDS YEARLY - indicate in each case the month when the bonds mature. The italic letters in the column headed "Interest Period" New York Stock Exchange WEEKLY - footnote in the week in which they occur. No account is taken of such sales in computing the and when outside of the regular weekly range are shown in a the week, Monday, June 29, 1942 . *104. 11 104.18 ,7s unstamped *82% 1949 *82 Greek Government— A7s A 6s part paid—.. 1964 *8% 16% part paid 1968 9% 9% 8% 6% 9 9% Federal Farm Mortgage Corp— 3'As —————1944-1964 ——— —1944-1949 Home Owners' Loan Corp— MS 3s M-N 1944-1952 M-N — 3s series A——— — 60 103.28 104.23 2 Irish Free State extl -I960; M-N *76% 82 *100 1957 A-O 6% *101.13 101.19 J-D Corporate Stock.i.-.._...^_1980 f 5s_ s * AJugoslavia (State Mtge Bk) 7s 102% 103 AMedellin (Colombia) 6%s__ __1954 Mcndoza (Prov) 4s readjusted-—.19541 Mexican; Irrigation-:A4%s stamped assented 1943 M-N AMexico 98% 106 55 1945 Q-J ; 1947 F-A AGtd sink fund 6s__-.— 1948 A-O 4s__—1968 coll 7s A—__.1945 (Dept) A External (US) extl 5s of 1899 £ A Assenting 5s of 1899 : A Assenting 4s of 1904_.____„ 25 42 32% 12% 10% *12 13% 33 ; % 10% 11% 11 20 • 6% 8 13 1 J-D ;78% 2 78% 72 82% ' 6% 6% 5% *5% *7% 5% 7% 5 7% 5% . 1954 J-D 6% 6% 29 5%" 7% 4s of; 1910—1945 JS 6% 6% 33 5% 7% J-J *6% 7% A Assenting > 14% 14%c J-J *12 13 11 J-J *12 13% 10% 14%, A-O *12 12% 10% 14% AExternal sec s f 7s 2d series—1957 A-O *12 12% 10% 14% 12% 11 714 ■:;« 18% 29 A Sec external s f 6%s 1958 16% 17% 35 16% 17% ,17 82 M-S 82 14% 3l7/a s f 7s series C„ s s f 7s 1945 f 7s series D AExternal AExternal sec Antwerp . • 1945 A-O f 7s 3rd series—1957; s 12% J-D external: 5s_...._.1958 (City) *29 External M-N 94% 94 94% 1971 ,—1972 M-N 79% 79% 79% F-A 74 74 74% Feb..: S f extl conv loan 4s 8 f extl conv loan 4s Apr— A-O 74% J-J 61% 74 69 (Commonw'lth) 1927 External g 4%s of 1928 71% 79% External 74% 1944 F-A M-S 58 58% 13 56 56 51%. 58% 50% 57 65% 29 95% 19 83 3 83 12 83 96 § A Brazil (U S of) external 8s_ AExternal s f 6y2S of 1926— .1941 J-D 35% 36% 54 22% 36% .1957 A-O 32% 33% 39 18% '33% f 6%s of 1927— 32%; .1957 A-O A 7s .1952 J-D Brisbane .1957 M-S •58 .1958 F- A *62 .1950 J-D 32% 33 65% s —1955 \ (City) sink fund 4%s_., APanama (Rep) extl s f 5s ser A.1963 A Stamped assented 5s_— ..1963 Stamp mod 3%S ext to 1994 M-N Ext 95 M-S sec ref 3'/2S series B„_ 18% 65% Apernambuco 34 APeru 66 ANat loan extl s f 8s 1st ser. 70 ANat Loan extl 44 75 33% 19% 39 17 70 (State of) 7s.._. 1947 50 60 41% 27% 40 64% 65 A4%s assented—— AExternal sink fund gold 8s -1977 M-S 63% 63 63% 31 *1976 F-A 65 65% 63 56 66 % *1976 A-O 65% 65% 3 57% 65% ,*1975 M-N 66% 66 % 65% 66% 3 59 67 i $ bonds—** -1984 J-J 44 -1960 A-O 106% -1952 M-N 102 -1945 F-A 100% -1961 J-J 100 100 -1944 J-J 100 100 -1967 J-J 13 % 34 8% 13 32 7% 12% 49 7 15% 12% 67 7% 15% f 13% . 15% A-O "7% *5% *14% X-':' 1% 8% 14 8 15 9% 10% 7»/4 9% 10% 97/a ' 5% 10% 5% 49% (Dom of) 30-yr 4s— 65 66% 101% 103% *5% A-O A-O 1968, A4%s assented *70 10 4 12 12% A-O 1958 58 12 A-O 1947 A Stabilization loan S f 7s 13% 57% 57% ,, 65% 12% 12% J-D 1961 70 64% *103 M-S 1960 i 6s 2d ser s *— ■67 65 M-S .1959 (Rep of) external 7s 5 A Poland (Rep of) gold 6s——1940 (Province of)— M-S 1 69 1 *55% M-N J-D 1967 36% 33% 34 F"> 95% 37 __ External s f 4%-4%s_ Refunding s f 4%-4%s_; External readj 4%-4%s_—— External s f 4%-4%s 2% 57% ♦40% 36% 74% 95 — 90% A-O 59% 65 95 A 6s stamped* 84 53 *55 55% 89% 1 5 A-O Municipal Bank extl 70% 74 83% 90% 57% J-D 4s sink fund extl loan—— 69% 44 90% F-A 69 38 Oslo *1961 75 48 .. 57% . 1965 38 1 95 Sinking fund gold 6s*—— 17% 70 ' 70 .1963 10 16 95 Buenos Aires 17% 82 72 *90% f 5s——1970 74% 95 __ *62 1956 63% 95 s F-A 7% 10% 75 1 ' .. A-O —; 66 95 (Central Ry)— (City) s f 5s—... Sinking fund gold. 5s_ : 66 95 AExternal 6s 61% J-D • •75 F-A External $lnk fund 4%s_ External sink fund 4 'As J-J .— M-N ■ __.1943 63% M-S t 7s_.—— . J-D —..1958 .... 1 .1955 f 6s__ s 5s 37 .1955 s External f Norway external 6s___— 94% .1949 ... External M-S (State)— ; 1 : f 5s_.—A...1957 s M-N ——1956 Belgium external 6%s s M-S 1972 5s of '25-1955 -1957 External 5s of ... 88 " Australia , External 8f external 4%s——_—:—1948 S f conv loan 4%s . ASec external & t 6%s_^_..—^.1959' AMontevideo (City) 7s_.^...._ 1952 ■' A 6s. series A —1959 New South Wales (National. Government)— Argentine , 77 5% Mihas Geraes (State)— 1st -series——1957 AExternal A External : 6% 14% 12% X- 58% 69 SATreasury 6s of 1913 assent—1933 43 25% 32 % 41 32% 32% J-J J-J ..1945 f 7s series B. s XX: 4i- M-S Akershus (King of Norway) AAntioquia *38 65 47% Q-J 1945 J-D — • Foreign Govt. & Municipal Agricultural Mtge. Bank (Colombia)— AGtd sink fund 6s_._„:__; 55 : 100.30 100.8 !; Transit Unification Issue— 2% 65 *56% v;;:' w:YY'Y' 1- York City New • J-J —1945-1947 G l%s series 65 A-O 103.28 104.20 1 103.25 103.25 A Haiti (Republic) s f 6s series A 1952 Helsingfors (City) extl 6%S—u—1960- A-O 103.31 104.25 103.28 103.28 *103.25 104.1 J-D, 1942-1944 M—— series 2%s ; external s 56 *40 64% 1950 A4%s assented 10 J-J- J-J .....1961 .......1966 *7 J-D .1963 APorto Alegre (City of) 8s mAExternal loan 7'/2S_. 15% 15% 9% 15% 16% *15 J-J 8% 15% Queensland (State) extl 6S........1947 Canada 10-year -2%s_... 3%s 7-year 2%s 30-year 3s—* 30-year 3s——— 25-year A Carlsbad AChile —, *—. *1968 assented*—* "'J. M-N A Extl sinking fund 6s—Feb A6s assented—*— Feb 1961 ARy external s f 8s—,—Jan 1961 A 6s assented Jan *17% 16 1 , 16 , *** ** 93% . 93% ' ■ J-J 16% 5 ' 13 13 19 12% 13% 17% 38 17% X.X" 14% 18% .1 13% 17% 17% 1 18 l7'/a 6 15% 17% 16% 16% 1 13 17% 17% 17% \ 3 13% 17% ' 16 16 7 13 17% .1962 ' A-O .1963 —. , M-N M-N A6a assented— ; ' ASinking fund 6%s A6%s assented * —, A Guaranteed sink fund 6s_, A 7s J-D J-D 14% .1961 A-O '— — M-S 1928 .Oct 1961 1927 Jan 1961 see page 1970 1 A-O ( A-O 60 62% 71 11 Yi 18 16% 17% ,1964 1952 ' 70 37 M-N *17% M-N 16% 18% 16% 21 11 J-J 39% 39% 2 32 (State) ;. 41 29% 10 26% 30 25 30 8S_...... M-S 1936 : .1950 .... ' extl water loan....—..—.1956 s f A 7s series B sec A Silesia (Prov of) A4%s assented .1968 Sydney (City) # extl. t 5%S— 1955 — 1946. 20 20% 29% 64 19 54% 66 •7 4% 7% M-N ', ; 9 *4% 4% , 6% 7'/* 6% 4% 6% ' 6% 7.1 71 *70 F-A 7% 4% ' J-D F-A, • 7% *7%. J-D '• AUruguay (Republic) extl 8s 28 M-N 1958 ...... 28 A-O 1958 29"% 63 28% J-J 1962 extl 7 s_... 29% *28 M-S ..1940 7s J-J L— 40% 71% , 71 71% . 16% AExternal sink fund 6s 1960 M-N *70 75 74 76 AExternal sink fund 6s 1964 M-N •70 80 71% 74% 12% 16% 3%s-4-4%s ($ bonds of 1937)— 14% 15% M-N 57 57% 34 53% 59% M-N 53% 53% 3 51% 57% 13 16 V* mmmm 14 15% — 13% 16 9 .. External conversion ,__X..1979 11% 15 3%-4%-4^f extl 15% 4-4%-4%s extl readjustment 48 7 39% 1978 conv 48 r-5 37% 48 35% 37 49 29% 37% *51 J-D 1978 1984 60 F-A J-J *40% 53% '52% .. 60% — 57% 54 . 60% 41% 26 49% 47 4% 7 3% 6% 48 46% * External readjustment..—__.1979 3%-4-4% 8 ($ bonds of 1937)— 12 46% "■ J-D 10% ;.1957 T 3%s extl readjustment 46 V* J-J 16% 16% 14% 8% ; 16% " f 10% 8 A Secured 15% 8 13% 6 75 10 12% 9 *14% 15 ■% 16% 15% *14% 16% 16% 15% municipal loan....—...—.1967 Serbs Croats & Slovenes (Kingdom)— A 8s secured external 1962 16% 15% 15% 9% 50% 13 *16 ■ J-D of 13 2 M-S of 13% 12% 15% 1960 A 6s 24 18 16% 15 M-N M-N A 6s 15% 16% 1951 3s external s f $ bonds — *14% -- .1960 (Hukuang Ry) 5s (Republic of)— footnotes "r _. *16 *16 1962 assented* For -Z. J-D A-O 1 .1962 — A Chilean Cons Munic 7s A Chinese .1957 1961 A 6s assented- Colombia J-D .1961 : A Guaranteed sink fund 6s A 6s assented .1957 .1961 AChile Mortgage Bank 6%s~:. A6V2s assented—. : 17 1966 A 6s extl dollar loan 17% sinking fund 6s**—. .1963 16% A 7s A-O assented* 15% A 8s external 16'/a A 6s 8% 16% §ASan Paulo M-S AExternal 28 .1968 ; (City of Brazil) 8s A6%s extl secured s f 17% 12% 15% 13% 16% 23* 15 gold 6 t Sep 1961 AExternal sinking fund 6s—.— .1962 assented*: lS'/s 14% 17% 15 M-N loan of 1921_..._—..1946 A Sao Paulo M-S A 6s 17% J-D F-A . . Santa Fe external sink fund 4s_ 17% 3 16% A-O 18% 50 20 88 A7s 17% '' 18% 16'/2 16 14% 96 17% •17% 13% .1946 _r_.1953 A 7s external loan of 1926... Sep 1961 A Extl sinking fund 6s 14 A 6s external sink fund 17% 17% X 19 A 8s extl 5 15% 16 16% 16% 96% 16% * - , J-J 20 20 72 15% AExtl sec 6%s. 987/alOO 14 5 *17% F-A 1961 95% 71% A-O de Rio Grande do Sul (State of)— 97% 100 1 95% F-A A Rio 98% 100'A 8 ■ I " A-O F-A ' ' A-O .1960 — M-N -1960 ——. — 23 . ' 1961 A 6s : 95% 100% 102 Janeiro (City of) 8s 103% 106% '' *1942 fund 6s_— 13 28 100% 100% ; 95 y4 J-J External s f 7s—_.*1942 (Rep) A7s assented--*—— AExternal sinking yi IOIV2 102 M-N -1954 (City) 8s._——... 105% 106 . v AWarsaw (City) A4%8 assented 2437. I 1958 F-A ....1958 F-A external 7s_.. - .. -■ ••> • *6%. 6% 6% 33 2433 CHRONICLE THE COMMERCIAL & FINANCIAL Number 4085 Volume 155 NEW YORK BOND RECORD Stock Ended Week June Last Interest Exchange Railroad and Industrial ____1953 1953 48'A 48'A J-D m-s 1947 J-D *100 10-year deb 4%s stamped—,_„.„1946 F-A *104'A 108% Southern Gt Ala 1907 1st 1st Power *104% 106 % 104% 104% *103% 105% 103% 103%- Carolina 104% 106 Carriers & Gen with assented warrants A-O 93 A-O" 93'A 90 90 7 90 ' 5 ■ Alleghany Corp— * ■ '• . ———:yl944 modified—— 5s 5s modified 5s modified— A 5s income Allied Stores !, Corp 4%s debs—1951 Mfg conv 4s_„._-_^1952 • Allis-Chalmers Am & Foreign Internat Am Pow deb G Chem Amer I conv . 2030 5s__ . 3 'As 3s , '♦ ' * • —1966 < J-D J ' * • r ' v 63 65'A 66 96% a-o 106% 107 93 } 24 r q-j 711 106 122 100 —— C f-a 34 69% — 99% 101 — y——1995 .——1995 v a-o Adjustment gold 4s 104 J-D _1955 gold 4s of 1910——— 1960 Rocky Mtn Div 1st 4s —_1965 Trans-Con Short L 1st 4s— 1958 y '• " • j-d ; 12 13 Conv Cal-Ariz 1st 1st 103% 105 5i j-j 10 111 111'A 14 109% 111'% 1944 'i y> ."IT-" Ohio & Baltimore 104 104% 11 101 104% 75% 74 75% 38 -74 83% 58% 57% 58% 54 57% 99% 99% 99'A 61 94% 100 RR— - 27% 1 Ref & gen 99- 30% 99 99 : 1946) 54 ; a-o ■t. 33 102 *'' i 181 .4 < 106 > 52% due AConv . 54'A 56'A 24% 26%- to Jan 1 1947) (int at 3 Bangor k • Con ' ■ 28 7 30-7 24% H' 54% 65% 127 24% 39% 1 ■' * 36% 45%; 36 V : 24% Maine 1st 5s A C————1967 j-j . 107 19% v . "■ 43% 334 24% - 18%" : 39 46'A 87 » \] 31 45% ; 45 I : 34% Debenture 9 .43% 99% 15 51% 52 21 52 12 49 45- 72% a-o f l*' *44 - 50 , „v 85 106% 106% ' j-j " " j-d i. *98% • r 97 / 127% 130% 97% 15 40 99% 96% 99 103% 103% 103%% 98 '• f-a f-a 3 102% 105 ACertificates *— 76% 75 , ■*— 89% ,85% .'V y M-S *— 'r ——i t. • 1 103 66% 68 >•: j-J 30 M-N f-a , 18 108 19 108 Af-N *100% 76 ■ 43% Canadian f-a 107 108% 100% 100% 102% : 102 — 102%:! 11 97% 18 - . ■ 100% 102'A 114 — 114 100% 106 . 98% 108 25 6 .■ 72% 88% 88% 105 113 114 110% 110% *110% 111 : ; 34 33% 33 34% 41% 6% 6% 6% 5 12 5% 5% 5% 81% 81% 3 79 83 j-j 58 59 5 53 63% *74 76 70 81% a-o J-J For footnotes see page 2437. 79% a-o 1957 —1970 1955 1956 1951 gold 5s gold 4%s Guaranteed gold 4%s_ Guaranteed gold 4'As Guaranteed 85% 86% 101 85 89% 82% 82 82 % 10 81% 85 92 90 92 25 90 95"% 88 75 73% 76% 48 73% 83% 63% 63% 64% 60 63% 72% 71% 73 23 71% 80 23 24% 17 21% 34% 72% ; __ J-J j-d 45 50 34% 33 34 % : 31 J-J J-J AT-N J-J J-J 31 10 31 38 28 J-J 28 1 28 36 28 % 34 *25% 29 % 7% 7% 10 6% 7% 8 10 7% 11 61% 70 59% *- 10% 79% 80 ■ 107% 34% J-J 36% 35 36% 26 34 53'A J-J 35% 34% 35% 48 34% 53 F-A 7 7 14% 14% 14% 365 8% 2% 108 1% 2 2% A-O ' 17% 3 *—"^' 12 20% 34 22 32 * 41 25 -24 22% 34% - 32% 24% 25: 25 25 33 24% ~1 23 34 27% 28% 98 22% 35'A 28% 29 y8 83 23 36 ' 26 26 6 22% 34% 35 15- 26 42 33% *- 24% 24% 28% 29% 35 : ■ 17% 16% 17% 31 14'A 24 " 18'A 17% 18% 31 13% 23% 18 18 18 15 14'A 23% 72 1% 1% 1% '• F-A —1—1927 part paid- 25% 54% *45 — 2% 40 18% : 59% 29% 18 ' ^ of 107 26 21% 22% 19% 20% 6 12% 11% 12% 315 9% 15% 13% 12% 13% 94 10% 16% 2% 64 22% J-J 1988 JAChic R I & Pac Ry gen 4s deposit—— • A-O gold 4s__———1934 §ASecured 4%s series A_*_-: 1952 AConv gold 4%s —1960 r § ARefunding : M-S 2% 2% M-N 1 2 8 J-D Orleans 5s 1951 3%s—4_———I—-—L-_—1951 Gold ■ lVa , 3% 69 50 50 ' " •h < y J-D > M-S ' ;■ 1 45% ^ .1 " 55 47 5 62'/a 68 45% 5 45% 54 107'A 13 62% -62% y>: 80 69 69 J-D "J-D Memphis Div 1st gold 4s——1951 Chic T H & Southeastern 1st 5s_—1960 Income guaranteed 5s —Dec 1 1960 Union Station— Chicago 1st mtge 3%s series mtge 3%s series 45% - - E-^—-——1963 F_———1963 4s__—_1952 1st & ref 4%s series D _1962 Childs Co deb 5s ; —1943 com .' 5s ,—1952 tAChoctaw Ok & Gulf cons 5s Cincinnati Gas & Elec 3%s— Cin Nor 1st cons gtd 4s 1st gtd 3'As D 5% 1942 1971 106 78% 104 J-J J-J J-J Nl-S A-O A-O M-N -. 107% , . _ . '.■'•■i mtge gtd 3%s series E—1969 ^1943 8 99% 100 1 95 94% 41% 41% *42 22 99 • 99% 102% 92% 96 7A c '31 94% 99% 43% 13 95 99 36 ' 47 43 43% 108% 108'A >110% 105% 108% 33 93% 92% J-D M-N Af-N 107 93 F-A 1966 —-1967 mtge 3'As Union Term ~ . 1957 ; 7% % ~1 12 43 17 26% 106% 108% 109% 111 — 102% 102 A F-A J-J 109% 109% 108'A 109% 112 109% 110 112 112 99 *98% 100 % Cleve Cin Chic & St Louis Ry— General gold 4s —1993 : —_1993 General 5s series B__, 4'As series E 1977.^ Cin Wab & M Div 1st 4s——1991 St L Div 1st coll tr gold 4s 1990 Cleveland Elec Ilium 3s 1970 Ref & impt 99% J-D J-J J-J M-N J-J 44% 76 10 65 44% 73 42% 53% 46% 2 44 52% 65% 74% 104% 108% 108 108 108 67 67 *78 67 —J_=D— 86 42% 46% *63 106% 85 65 'A 106'A 106% 21 86 108 85 108% Cleveland & Pittsburgh RR— 4'As General 10 8 104% 108'A Series B 107% 112 series 3'As 1942 B gtd 111% 9 Series C 3'As gtd—i— 111% 111% 10 108 111% Series D 3'As 109% 109% 12 105 109% General 4'As series A 108% 108% 111% F-A M-S 33 64% 1 108% 108% 15 103% 108% 107% 107% 24 103% 107% 111 A-O f-a 68'/8 5 63% -—„__n„—_ 107% 107% ' 61'A 63% J-J 120% 123 13 120% 121 120% 1987 — — 107% 107% a-o 1962 Guaranteed 22% 8% a-o July 1969 Oct 1969 gold 5s Guaranteed gold 5s 13 M-N M-N AGeneral 4s_ 1987 'y..'"* M-JV 4s registered,1_1—1——1987 *,* M-N AStpd 4s n p Fed inc tax__—1987 M-AT AGen 4%s stpd Fed inc tax^—1987 ■■ M-N AGen 5s stpd Fed inc tax——1987 M-N A4'As stamped-—————1987 "' M-N gASecured 6'As—— .—1936 Af-N .. . Alst & ref gold 5s_——-:May l 2037 J-D Alst & ref 4%s stpd_l—-May 1 2037y"" J-D Alst & ref 4%s C——May 1 2037 J-D AConv 4%s series A——— 1949 / M-N $§AChicago Railways 1st 5s stpd registered- Cin Leb & Af-N a-o Guaranteed , ^Chicago & North Western Ry— ,AGeneral gold 3'As —^._1987 Clearfield & Mahoning Ry 5s 1966 78 85% J-J AT-N J-J . series F——May 1 1989 RR— ,r7 AMtge gold 5s serieis A—.; 1975 ,r AConv adjustment 5s——Jan 1 2000 Debenture 1952 gtd 5s A . AGen 4%s 1st deposit cons 114 19% 114 JChic Milw St Paul & Pac Chic & West Indiana 1934 National gold 4'As 121% 114 »17 % f 118% 118% — 22% C Canada Southern 118 3 19% 53 .K" 14 9 96 California-Oregon Power 4s 100% 104 F-A Chicago St L & New 91 29% 69 30% 17% "• 79 75% 66% 28 29% ■ ' 68 97% 1960 100% 103'A 18 51% • 74 74 M-N Bush Term Bldgs 5s gtd— 22 101% 101% 128 48% ACertificates - 1955 of 5 100% 101 101 % 102% 102 % 16 5s 129% 126 128 100% ■ {Burlington Cedar Rap & Nor— ■ 102% 103% 34 1st Consolidated 104% 105% *102% 103% MS F-A - 103 *101% 101% F-A 74 Bush Terminal 1st 4s 1 32% 100% 102 73 — 87% 24 33% 103'A 105% 10 j-d j-d § A 1st & coll 5s 80% 87% 104% 104% 103% 105% 21 100% 100% r.. 73% modified (interest at due— —1957 95'/* 30 98- 103% 104 V' v—*' to 1946) 72% 58% 78 85 86% 77% 62 49 40 106% 108% 102% 102% J-j f-a 37c 68 5 175 140 ' \ a-o " 1 " * > . A-O 30 128% 128% .'.106% a-o 7 *78 'A r j-j 1981 Stamped 51 32% 83% V - j-d Niag Elec 3'As 62 % 36 48* :' J-D series C—1967 Buffalo Rochester & Pgh Ry— Buffalo 48 69% 62 49% 32% 59 M-N Buffalo Gen Elec 4'As B 68% 50% 33% 95% 100 48 59% 51'A —1947 -1950 1957 gold 5s——— 69 14 108 107 34% 53% gold 5s_1945 1st lien & ref 5s series B— 29 107% 108 86% 19% 13% „ *80 18% 12% 34% 48% M-N ref 6s series A_, 21 14 23 Paul— A— series 4s 1st & 15% 75 13% 36 54% 72 99'A , ' 1st lien 15 62% 5 - J-J J-J 7 52 a-o Bklyn Union Gas 1st cons 17% 15 42 % 52 99 % * M-N " 17 15% 8 51 66% 66 J-J 39% > j-j series II 44% - j-j 5s •7 28 ; 61 26% ;18% "45 •; ■ ———1955 M *110% 17% ^May 1 1989 :* \ : • ..45%;. .: 4%s series JJ_ -——1961 1st mtge 4s series RR_—.—-—1960 AInc mtge 4'As ser A——July 1970 tABoston & N Y Air L 1st 4s_ 1955 Bklyn Edison cons M 3%s_—. —1966 Bklyn Union El 1st gold 5s——.—1950 1st 143 j 26 24% 19%T '. :\ 1951 1st gold 18% 111% 112% gold 3'As series B__May 1 1989 y AGen 4%s series C—A—May 1 1989 AGen 4'As series E-.l4.-_-May 1 1989 i Aroostock RR 1st 5s——1943 Big Sandy 1st mtge 4s_— —1944 Blaw Knox 1st mtge 3'As———1950 11 16% 23 *— AGen . u-n t: ;v • 15% 22 *13 J-J —:—_—1958 : ^Chicago Milwaukee & St - ■ 26% j-j . ! 3V2S ——_1951 Battle Creek & Sturgis 1st gtd 3s—1989'Beech Creek extl 1st gold 3'As—1951 Bell Telep of Pa 5s series B —,1948 1st & ref 5s series C—_y,i.——1960 Belvidere Del cons 3'/2SJ——1943 Beneficial Indus Loan 2%s__ 1950 2%s debentures—.——— —1956 Beth Steel 3'As conv debs———1952 Consol mtge 3'/4s series F_„—1959 Corisol mtge 3s series G i__—-I960 Consol mtge 3'/4s series H—1965 7% 3 29 4% 3% *18 — ' i ms A——1959 _. 7 25%: %■$ stamped Boston & -j 30 yr '• due————1950 ref 4s_— 4s \ " j-j Toledo Cin Div ref 4s "4% J-J tAChic Ind & Louisville ref 6s A—1947 ARefunding gold 5s series B_„_1947 ARefunding 4s series C——.—-1947 A 1st & gen 5s series A— ^1966 Alst & gen 6s series B—-l_May 1966 Chicago Ind & Sou 50-year 4s 1956 .!■■■: ms "0 Pgh L E & W Va System— t Ref gold 4s extended to-—1951 8'west Div 1st M : rr; F-A Feb 11960 — —1950 —1997 gold 5s„___—.1982 Chicago Gt West 1st 4s series A—-1988 r, AGen inc mtge 4%s ,—2038 61% ,92 56%' j-D — 20 M-S B__——1—1977 ref 5s series A— 1971 AGen (int at 17o to V: due——U-———2000 Ref & gen ser F (int at 17o to Sep 1 1946) due 1996 10% 5 • •26% a-o Sep 1 1946) 40 4 Af-N 1948 Chicago & Erie 1st 95% 100 -7 5 54'A 52% ; ;■ • J-D Ref & gen ser D 15 4 F-A & Eastern 111 RR— AGen mtge inc (conv)— 1 (int at 1 %% due_t_„——-1995 13% Chicago 40 25% 15 103% 104% 103% u-s■ (int at \% to due——_-1995" ser C Dec 1 to , 1946) deb 4%s f 1st & ;• Ref & gen ser A Dec 60% , 1 A-O 1960 1st & ref 4'As series 73 6 30 j-j 63% 34'A *32% j-j Stamped modified bonds— 1st mtge gold (int at 4% to Oct 1 1946) due——July 1948 1 45% F-A 1954 Prod 5'As A_.—: General 4s 66% 17 64'A 63'A j-j 1st mtge gold 4s———_July 1948 12 A-O registered-———1949 Illinois Division 4s —1949 4s registered 1949 100% 103% B y; 53 Chicago Burlington & Quincy RR— ■ M-N tr 5s——il959 N 3'As m-n Refining deb 3s———1953 52 *13% Illinois division 3%s__—.1949 j-d ._ 30% - 15 M-S M-N F-A J-J J-J J-J A-O *100 M-S — Atl Gulf & W I SS coll 32 _i : *102% 103% V,-.' j-j July 1952 ; 1964 A___ 98 23 25 110% 112% J-J —May 11945 L & N Oct 1952 Atlantic & Danville Ry 1st 4s——1948 Second mortgage 4s 1948 Atlantic 2 111 % 1944 1st cons 4s coll tr 5s coll gold 4s— 10-year 104 §2 j-d unified 4'/2s General 99% 111 ms 30-year 5s series B_. Atlantic Coast 103% 97% Wf« . 102% 104 ref 4'/2s A——1962 Atl & Charl A L 1st 4'/2s A — „ 101 j-j 1st gold 5s———-1946 & Atl Knox & Nor *100% : 92% 87% 101 7. 93% 6 98 f M-S M-S S 93 88% 4 97% 55 97% 101 173 53 J-J (1938 issue)——1950 ' 106% 106% 110% 4 102'A 101 j-d of 1905— Conv 4s 43 - ,L 89% 90 101'A 101'A M-N Stamped 4s—_______——_— 1995 Conv gold 4s of 1909——.. 1955 90 90 42% 48% 15 Chesapeake & Ohio Ry— General gold 4%s 1992 Ref & impt mtge 3%s D 1996 Ref & impt M 3'As series E„.—1996 Potts Creek Br 1st 4s_————1946 R & A Div 1st cons gold 4s 1989 2d consol gold 4s— —1989 A Chicago & Alton RR ref 3s—1949 104% 106% 10 108% 109% H 0 CO f5N VI* Nov 99% 102 V* 6 *24 A-O —____1987 ; Champion Paper & Fibre— S f deb 4%s (1935 issue) Atchison Topeka & Santa Fe— General 4s 97% J-J J-J :—_„1987 Y Power 3%s_——„1962 Certain-teed ' 17 105'A 105% v y ; 101 43 62% r 65'A .105% 106 106 . j-j (Del)_1957 1966 Through Short L 1st gtd 4s Guaranteed gold 5s 107 ' 43 *99% 106% 108 10 107% v' '• §ACentral-RR & Bank'g of Ga 5s__1942 103' *64 ms 58% , 100% 101 registered.. Central . series registered 4s 108 87 103 - -43 r. . ■ 1st gtd 4s_-__ii_1961 gold 5s—__1987 —1987 AGeneral 4s^ ; 103% 105 95% 95'A 88% 47 56 *— 101 100% *100 ■* . ' 4s Illinois Light 3%s„__ New Eng *„ .• f ACentral of N J gen 109% 100% ; Central Pacific 1st ref gtd gold 4s_1949 i fund ' ■ 105% 108% 107% 100 95% Jan Memphis Ry Edge & Term 5s 1964 Armour & Co (Del) 4s By. —1955 sink : J ACent 101% 105% 108% ■■ ' *104% 106% M-N Ark & 1st mtge 5s Central 69% 59% ' 1995 —— -I 101% 104% 107 ! ..' 1950 Cop Min deb 4%s: ' 77 ' 105% 108% 17 106% 107% ! 100%'' ;1 Anglo-Chilean Nitrate deb———1967 Arbor 1st gold 4s 59 •" 68 100% 104 11 97 92% 88 101 F-A U-N A-O A-O J-D J-J .^Nov 1945 § A Consol gold 5s 1945 A Ref & gen 5'As series B„ 1959 ARef & gen 5s series C__„: 1959 AChatt-Div pur money gold 4s__1951 A Mobile Div 1st gold 5s„-—^_1946 64 41 29 81% 107 , J-D v 97% 105% 92% *55 „ F-A J-D Branch U P 1st gold 4s—„il948 A 1st 76% 60 24 ;13 \ 5 . ,107 , a-o fAnn -51 101% 102'% 1. ,107 . J-J Wks & Elec 6s series A—1975 Anaconda '63 24 "* Type Founders conv deb—'—1950 Am Wat 102 M-S , 111 107% 96%; . a-o 3s—yj——1962 deb Co ' ' 71% 55'A , 89% ^Central of Georgia Ry— 92 : •- 107 f 64%.' MS ———1956 debentures Tobacco * ' i 78 100% 100'A "107 m-s ACent 5s —_1961 debentures——!.. conv Amer Am Corp conv debentures 64 F-A j-J 5%s_. 1949 American Telephone & Telegraph Co.— *3%s 45 60'A • — : m-n 1949 5 43% A-O - 140 deb 4%s w w Celotex Corp i 90 3s___.__1955 ___1947 Celanese Corp of America 93% 81% 7 85 " -V' 45 71% A-O -A1998 V. i „ M-N F-A " 71 % 62 103 87% rM-S 1950 1981 1st gtd gold 4s & Adir Cart 62 ^_1965 Corp 5s w w 66 47 92 J-J Clinch & Ohio 4s 1 High 108% 112% 70% 97% *105% 105% • — J-J 1949 20 69% 62 ' 55'A! A A-O 1950 : Alleghany & West 1st gtd 4s ■ 85 J-D 1949 -uy—. ;_x^i'_______1950 1 83% 70'A 54% 84 % F-A . 54 55 *50'A A-O registeredi»„„_^j_v>:„l_1946 63 *50% A-O —1948 Albany & Susquehanna RR 3%S—1946 3%s 105% 105'A 105% J-J 3%s;.—1972 : 1948 mtge Albany Perfor Wrap Pap 6s 6s —1960 4%s trust January Low 96% 96% 106% J-D 1943 * Alabama gold 5s J-D 5s___1943 A cons 4s series B— cons trust No. High lll'/s 111% 111% J-J J-D Collateral 98% 100 % 102 1944" 1954 Coll . Low Range Since Sold , M-S J§ A Carolina Central 1st gtd 4s * 1st 101 1946 trust Bonds Bid & Asked Sale Price J-J J-J 6%s_—1946 4%s_ equipment trust ctfs 5s 62% 44% 100% 101 *100% 101% ' deb stk perpetual— 4% Pac Ry Coll • ' Coll trust 4s of 26 Canadian Northern Ry deb 72% Week's Range or Frldiay's Last Interest Period Exchange June \ Can ; Stock Ended High 65% *67 J-D Adams Express coll tr gold 4s_i___1948 A Low Week Companies tAbitibi Power & Paper— §A5s series A unstamped AStamped No. High Low New York Range Since January 1 Sold Sale Price Bid & Asked Period 26 Bonds Friday's or Friday BONDS Week's Range Friday BONDS New York Gen & gtd— ref 4%s series Cleve Short Line B 1st gtd 4'As —1942 -1948 —1950 *1977 1981 1961 5105 A-O A-O M-N F-A ..F-A J-J A-O *108 *105 *105 66 107 105 66 66 66 83% 2434 THE COMMERCIAL & FINANCIAL NEW YORK BONDS New York Cleve Union Stock Ended Friday Interest Last Period Term Exchange Sale Price 26 June BONDS gtd 5%s_> B gtd 1st s f 5s 1st s Coal River Ry Income 5s Columbia G E & Debenture 5s—»_May 1952 jtf-n A-O 3 Vis 1970 4s>_ 1955 F-A »H'. 101% 'Hudson ; ' 1 106 " May 29% Conn & Conn Ry & L 1st & ref 4 Vis———1951 1st 4s 109% j-j 1962 A series income 5s M-N J-D 1949 *100 Vi j-j 't '■' Illinois 31 108 3 4 11034 ; ■ "6 106 39% M-N 3%s A—. Conn River Power s f 1961 \ Consolidated Edison of New York— 3V4S 1st 1st 108% 109% gold debentures——;— 3V2s debentures / 105 .' .* v' *105 * 1958 3-J 1951 j-d 1954 3Vis deb 103% 103% ■' A-O —1956 : j-j Ry deb 4s non-conv 4s A Debenture 1955 " - Coal f s mtge 3Vis—- mtge 3 Vis_; 1st mtge 3V4s__ \ 1st mtge 3 Vis——— 225 36% 48% "12% 13% 65 8% 15% 101% 101% 15 J-J 301'% *91% :1951 J-J *86% 90 i >1951 A-0 86% >——1951 MS —1952 A-O 103 % 304 106% 106 *30 1st mtge 3Vis Co 2Vis —-1970 —-1969 ' . v'1 M-N 4 5s gold—*. 3-D '' ADeposit A Deposit Delaware & Hudson 30 7 F-A 4Vis. 1st mortgage 4Vis~— ' -1943 : Plains Val vet & Gen 1st i F— . 3-D *— 79% 1951 J-J *„ 57 57 58 J-J 53% 54 6 53 57 F-A 42 42 3 40 46% Omaha Div 1st 1st gold 3s gold 3s_——1951 79 64% 107 7'\ . '4. ■ 3-J ' 6 111 Cent and 108% Joint 108% 110% 106 107% i 107% 1951 ■ Dow Chemical 1st Chic. St L & N O— ref 5s series ; - ' 7 92 94 5 26 37% 25% 19 23% 30 "f 'v . , 2 30 20 . 3-D 45% 46 224 40% 52% 3-D 42 40 42 85 37% 47% 3-J 70% 70 70% 14 66 % 78 19% 5 19% 27% A 1st gtd 4s Ry 3%s series B_ Union Inland Steel y? — 2 ■ 32% 27 ^ 89ye 11 '• A 33, 33% 23% j-j V Internat M-S 1st 3-D : -1961 ' • • . East Ry Minn Nor Div 1st 4s East Tenn Va Ed El 111 & Ga Div —1948 i956 1st 5s 1st cons gold 5s_. (NY) Elec Auto-Lite 2Vis debs 5s stamped Erie Railroad ^ - ' M-S 104 A-O —1965 , A-O , yt. > 1% 3 , 4 104% 15 16 11% 18% 28 2iy« 29% 41 • 7 *95 F-A 103% 105 9 104% 104% M-N 104% 105 Vi 98 85 96 99% 10 55% 56% 287 35% 57% F-A ————1955 99% 56% 57% 56% 57% 184 38% 58 % % 1 % 45 47 96 / 96% MS 1951 6V2 90% 101V 1% !''': '' ' yiy-x: 6 : gold 4s»1990 gold 4s*1936 deposit——. "y - r" ' . 100% City Term 104 i Plain — ------ J__——i~i—>_>>>>i>>_ 4Vis 62% 12 : y : ; 13 43 53% 5 93 97% >>;; < > unguaranteed--——_>> —1961 65% 67% — *40% *90 >■>;> j-j 52 >/2 39 v 56% 64% 65% 74 22 -108 Vi 110 49. < lllVi 111% y 95 > ■':> 40 y4 1 ,• > 86 • --'>y V ;:>y 83% 43% 80 •• —4- 84 Vi 83% >■-■ j-j • 50 84 Vi -'t, a-o >1954 53% 37% *110% 111% 84%: 88 v. 40 4 31 108% 108% ;,:/y i:. -a.- ■; j-j —1997 1st 5s 59 j-j 6%Si_>—1954 ref & 56% 67%' . j-j —1961 '• 42 y» 58 % 86 43 40% j-j .—>1961 89% 41% .'-.y- c j-j ■• ' 42% • 3-3 j-j y , '■ 83 83% 101 4 106% 'V. i;102 102 102 *106% > '■>; u 105% 106% » ' Koppers Co 1st mtge 3%s>: >—1961 iKresge Foundation ,3 "Jo notes—>—-1950 4AKreuger & Toll 5s ctfs—>>>>1959 99% 100% 103 1st 109 99% 103 8 > *» a-o 1st 4s„——1960 Stamped • 25 47 ,y y —>1987 Kentucky Central gold 4s„ Kentucky. & Ind Term 4%s— .>—1961 •i •108 . %:a-oy;"'V;i T; 43® ,1 108% 110% 5 : ~~y : a-o Kansas City Southern Ry 1st 3s>—1950 Ref. & impt 5s. — i Apr 1950 Kansas 95% of Kings Co Lighting V-/': j-d -j-j 20 106% 107% vv 15% - 3,1 yy 10 y. ACertificates 102% 103% 27 ;. • ; ;> K 40 82>/2 , 5'!; 4s_——>11959 1st 4§AK C Ft S &:M Ry ref 17% r. & Clear Laughlin Steel 3 Vis——1961 Kanawha & Mich 1st gtd 87 35 •—il;' & 3% 101% 106% tV; r ■■ 26% 62 18% 104% 104% 19% 108% 111% 109% my4 23 .... 154 - 2% 11 4% 1% 11% ■ ?;/>. 104 . Jones y.. 100 20% 1% 28 J-J 1952 Kings County El L & P 6s ■' *„ V 100 5s_> James Frankl 19% 78% ; 99% 100 K j-d : Debentures 19% y , c'r 110% *105 * 1965 4SW 1st 5s Paso ; '• 1 '• ;. —1970 Elgin Joliet & East Ry 3Vis El j-j 1995 . < 11% 109 25% 27 Jf-S —1972 gold 4V2s 57 1% 15 14% 15 J-J 6%s»—1947 17 1% 14% 107% 3% „y ,;., - A-O —1955 .$ Alowa Cent Ry 1st & ref 4s ' ' i*' = ' 103% 110 y,- M-N —1950 35 110% 15 104% 26% ref 10% 36 124 86% 103 & 10% 4% *107% A-O P'l: 2% 20 26% 104 • 5 3% *18% 103 A-O E -* 194 *„..'+ ,82% j-j 1965 ' ' . 16 *32% M-N j-j IS ADul Sou Shore & Atl gold 5s_—1937 :'r 16%, 104V ■ "'' M-S 1950 Ry 3'/2s—-1962 1st M 3%s_ %. 1944 15% 1% 3-J series A—, 105'% 99% 102% 99% 101% 104 Vb 106% 110% 111% 104% v., j-d lien 16% A-O 1956 — 103 100% 100% 3-J deb 6s Int Telep & Teleg deb 61% 3-J „—1956 Paper 5s series A & B»>1947 Ref sink fund 6s 100% 106% 107% 110% HIV* UV/4 51% i'' » 1% <. 108% 108% *101% 102 A-0 July 1952 — Int Rys Cent Amer 1st 5s B— 101% 101% - ♦—• 105 *3% ' 110 104% 104% A-O 1947. Alst gold 5s series C - ••(V1 .-A 232 „ *„ \ *108 A-O >—1952 deb 4s B_ Internat Hydro El 93% 103% 106% . 5s. series ' 56% 2% v 4 Copper 4s conv Adjustment 6s series A A 1st ■ 33 86% 'a-' l-::\ 101 Vi 15% : 43% 19% MS JAInter-Great Nor 1st 6s series A_1952 35% 32% 23% > — 25% 15% 2% 16 ' 3-J 1956 —1986 1st mtge 3s series F—1961 Cons Interlake Iron 39% 28 25% 30% 32% 14% 3% , , 39% 49 % '* 54 43 33% 341% 5 11 1963 Ind 99% 101% 93% 15 j-d deb 2Vis__ Dul Miss & Iron Range Duquesne Light 45% 50% 48% 1st & ref 4%a series C>„— —1963 Ind 111 & Iowa 1st gold 4s>——1950 4AInd & Louisville 107% 109% / 30% *107% f-a 1970 4Vis_ Tunnel & 45% J-J —— U 108% 109% '■ m*.— V 1 105 .16 A-O gold 4s 1995: 83 79 53% nv * A-O . 71 56 *_•>,. 55% M-S gold 4s__1995 Tenn Detroit . 1965 series H 3s 49 62 '.j *107% f-a Apr 1978 gtd 4Vis——1947 series 4s i, j-j mtge 3Vis series G—1966 ref & 38% *61 . w- , i j-j —Aug 1955 Detroit & Mackinac 1st lien A Second 154 F-A ■ j-j to plan) (subject 3-D v j-j tADes M & Ft Dodge 4s ctfs——1935 Gen 42% Western Lines 1st gold 4s 89% j-j -1936 — impt 5s series B Edison 40% 90 28 105% 105% m-n ———1969 4Vis fADenv & R G W gen 5s ADes 42% 80 *25 89% , j-j J§ADen & R G 1st cons gold 4s—1936 i 58% 89 >25% y*30 — • 1st 4Vis—1971 —u————1969 & Detroit 48% 95 29% ^ y: A-0 —1955 1st & ref 4s 1st & 35 *— *30 ——— Delaware Power & Light A Assented 52 J-J • A Ref 50 St. Louis Div & Term gold 3s»—1951 Gold 3%s—i—i—■>_; >>1951. Springfield Div 1st gold 3%s—1951 34% yiA D gold 50 52 1. 93 ■' 3-D Dayton P & L 1st mtge 3s——1970 Dayton Union Ry 3 Vis series B 1965 §AConsol 39% ■t 30 Vi ; . j-d to—*1946 receipts Curtis Publishing Co 3s deb ref 55 34% . 25% extended B 43% 34% *107 1 . receipts. series 43 34% 106% 107% ^ "U'i ■j-J —1952 46% 43%" 26, 23% 100% 100% j-d ADeposit receipts-———A7Vis series A extended to —1946 A6s 38% 28 Cairo Bridge gold 4s»—_»»—>1950; •( 24% f debs—.1955 s - receipts— 1st 49% 30 Louisville Div" & Term gold 3%s_1953 * Inspiration RR 39% 41% *■ 23% 109 Va 109"% 1 A-0 A--—1950 §ACuba Northern Ry 1st 5Vis__—1942 A Cuba 114 40% • .• . 30 107% 107% " M-N — Crucible Steel 3Vis ADeposit 53% 44 .47% 30 *108% 109% I U-N —1966 f debs_; s 42% 41% U-N 1966 —; „. 70 46 1 U-N —1955; 4%s> 86% 43% *1 J-J 1953 92% 86% 86 6 Litchfield Div t > 101% 105% 2 gold 4s— Refunding 5s—i— 40-year 105% 108 28 28 trust 90 84 86% 47% U-N 3%s__1952 y'1■, 103 5 99% 102% » - Crane 118% 120% 42% 88% 88% . U-N .>—>——>—.>1967 6 41% *25% M-n ___1965 1st 1st ■' 41% 12% *25% j-j —I960 5s 119 45 F-A Co— Power Consumers 119 91% 35% A-O —_>>1955 lines Collateral ' ' Consolidation 45 102% 104% 1957 trust gold 4s Purchased 102% 104 ' 9 105 28 j-j —— -108% 110% 105% 103 ; 28 J-J —-—„>„1956 4s ADebenture ( 11 106 Vi 106% ' ' —- ' , JAConsol i 11 ;, •' .' 39% J-J 3%s Refunding 4s * :>——1948 debentures..*,., 3Vis conv 108% 110 A-O 4 —„1951 gold 3s sterling Collateral ' ' ^4- 111 * A-O 3Vis Oil 108% ..' ;——.—1946 debentures Consolidated F-A 61% 103 Vi 38% 119 98% 103 93 103 - „ 122% 126% *100% 103 , *85 ' - High Central RR— Extended 109 3A • — *110 T" Low Feb 1957 >. 1st gold 3VisJ—— ,r ■ __ — *110% ' j-j „1951 >_; January 1 No. 107% 21 46 109% 109 Vi a-o ; 1943, — * gtd 4 Vis Stamped Range Since Sold Vyy>- 30% *110% 110% j-d mtge 3 Vis series I»»—.—1968 Conv debs 3 Vis ——1958 Riv f 5s s 1st gold 4s——1— 1st Bonds High 126% 126% V — A-O - ~~ 30% Friday's or Bid & Asked M-N 1954 : 1st gold 5s Manhattan 1st 5s A & AAdj Commonwealth Edison Co— Pasump 1st J-J 1944 1937 gold 5s Illinois Bell Telep 2%s series A—1981 .—Apr 1 1969 w *.>1999 1st mtge—— Hudson Co Gas , 102 78 3A Mackay Corp— w Sale Price „ t 1 84% 102 Co Hudson Coal ' *110 t-- p 24% 85 48 (R) AHousatonic Ry cons Houston Oil 4Vis debs 88 15 4 , 107% 107% " Hocking Valley Ry 1st 4%s 103% 80% 92 . . 88% 83% *109 — ■ 66% Hoe 102 133 87 87 — M-S extl 1st 22% 85% Week's Range Last Period 26 H ' 83 ' 58% 2 , Friday Interest Exchange June Low ' — - 81 83% El Tol 22 61% 20% 88% •; . j-j >>>>1961 1st extl gold 4s__1948 & deb Income A-O Apr 15 1952 Stock Ended 71% 7 87 :>.— 65 102 22% deb 49 81 jkf-n York Week 84 66% , '* New High 75 Vi 102 " , Low 11. *103% * ' 79% . 60% 61 . F-A A-O Sou Ohio ACommercial A-0 j-d 1980 & Columbus 66 1970 5s__—_ Columbus & H V 66 1 Debenture 5s Columbus A-O series A mtge & South 4V2S AColo No. High 78% 1945 1943 > January 1 79% 1977 1st gtd 4s Colo Fuel & Iron gen s f 5s_ Range Since Sold Friday's A-O 1972 —1973 f 4 Vis series C series Bonds Bid Si Asked or Monday, June 29, 1942 BOND RECORD Week's Range Low Week CHRONICLE m-s •: ! m-s • 98% y 105 98 98% *98 1 103% 105% • 98% 98 16 102 ■ >• m-s 105 •■ - V • I., • % 1% 104% 58% 70 56% 62 ■' — ■ — . L ' Co— M 43/is series A—— 1957 j-j 1st cons M 4s series B——— 1995 j-j 1st cons ' A Gen N & Erie RR extl Y Ohio j-j mtge inc 4 Vis series A—-2015 Div 1st —1947 4s 1st ' . .::h 90% :: 90 91 46 % 45% 9 - 46%- M-N *103% M-S 1971 mtge 3 Vis— .105% 105% ■_>■•■■; y.: *95% 108 - ' :.r 106% 86% 93% 45% v, 56% - t • .' 88 106 —— Coll - 96% ; 96 & ref 971; 5 Vis series D -:l;; /' !i; y- .a-o 1960 98 98!/4 F-A y t 29 79% 28 100 21 - 100 *100 :C, -. 98% 79% 78 A_ trqst-6s series B>—_———1942 93 101% 98 » - 78% : i9V2: f-a Lake Erie.& Western RR— *100% 98% 1 'f-a 6s series A_———>—1942 Coll trust 108 A-o Ref & ext mtge 5s ——1945 Coll &.ref SVis series C——>—>1953 Coll • ■ __ 104 i'- * § ALacIede Gas Lt ref & ext mtge 5s.l942 " > 72 72% " 1 85 V4 85 70 83 i- ; 100% 100% ■ ' ■ ' 5s extended at 3% to_i ;—1947 Lake Sh & Mich Sou gold 3%s„—1997 .Fairbanks Morse deb 4s Firestone Tire Rub & 3s 1956 J-D deb——_1961 M-N fAFla Central & Peninsular 5s—.-1943 t Florida East Coast 1st 4Vis & A 1st ref 106% 107 97 Vi J-J 1959 (Proof J-D —1974 of claim) ACertificates Food of 85 12% 88% 65% 57% 70 . -1982 M-1V 13% 284 8% 13% 12% 49 7% 12% *2% deposit——;—_ coll trust 6s 64 3% *3V.. J-D M-N 1956 101% ./-> 33A 101% 101% 72 2% 1% 8 100 13 73 69 4, 3% 101% 83 • L Elec of Berg Co cons 5s„„1949 Steel Castings 5%S— fAGeorgia & Ala Ry 5s> J-D 1949 *117 —Oct 1 1945 J-J 95 J-J • 18 tSAGa Caro & Nor 1st ext 6s 1934 1956 3-D 17 (B F) 1st 4 Vis— 18 *25 28 104 104 104% 7 Gotham Hosiery deb 5s w w»——_1946 M-S *90% Grays Point Term 1st gtd 5s__ 3-D 94 14 20 76 93 Vi 21% — Great 4Vis series A Northern 1961 General 5Vis series B— General 5s series C 1952 General 4Vis series E mtge 4s series Gen & ctfs Nor 1st 93% 104 Vi H> 107% 1077/a 24 98% 99% 45 89% 11 105% 108% 98% 105 1 88% Harbor Term 30 35 73 36 70 *68% 71% -v' *»•■" 95 ' 76 , •' 4 — >■ ' 80 67 : : 797/a 94% 96% 67% , J.4r ■■> V 4 76% -100 f-a ,tv:, . 100 80 Vi f-a 75 •. ' 80 69% f-a 66 58 68 57 63 • *60 v 82% 58 3 ' Y, f-a 80 72 62% ' 63 ," 44% -.*-*• ' '' 65 44% 49 49 y8 49 m-n 297/a 29 Vi 27% 32% 31% 1 30'/« 27% m-n ; 1 44% j-j —1950 99% 100 '£> J!' *77 *„ 1 15 *77 ;1 '' ■ gtd 5s__——1954 Valley RR— stamped modified-. 32% : 66% 51 48 20 : 58 42 VB 53% 80 24 79% 89 79% 20 79 87% 93 Vi 93 Vi 94% 122 93% 99% : ' stamped 4%s 5s ——;2003 2003 registered-———— modified registered —>—2003 2003 ———.— . *» . m-n stamped modified-^.——.—>—2003 » J-J . ,/ 93 92% 94 123 92% 97% J-J 70 69 % 70 55 69% 79% *57% 8% 65 8% 8% Leh Val Term 5s 9 57% 7% Ry ext 5s y 107 26% 37% 3 26 36 51 29 40% ' 40 35% 56 7/s 39 30%- 38% 32 . 37% 56% 37 ; Miami gen 46 10% ' 90 90 6 Long Dock Co 3%s ext to. 90 95% A-0 87% 87 88% 6 Long Island unified 4s 87 92% J-J 67% 67% Guaranteed 68% 22 66% 74% 4s 46 % 48% 19 46 59 2015 —1952 J-J 48% .V* J-J *89% „ A-0 102 102 1969 M-N 109% 109% 109% 102 92% . f-a M-N 51% >112% 117% 104 106 6 112 115 8 121% 123'/a 112% 112% %22% 122 >/4 — *99% 61 114 10 : » » — 93% 101% 105 109% 111 (P) Co deb 7s & Jeff Bkdge "5 91% 96 y8 m-s 96, 96 10 92 m-s 95% 96 11 91% 1951 5s • a-0 —>1944 debenture—1 Louisiana & Ark 1st Lou 103% 95 7/s 1949 gold 4s series Louisville Gas & Elec 3 Vis •. 102*% 95% —1949 ref m-s a-0 —1950 ;—1949 stamped Lorillard 5s 1961 105% 105% 122 Vi a-0 • 1951 8 *114% 117% 105% 65 ' 90 1975 , a-0 j-j 1962 ,— 4s series A . a-0 1st 50-yr 5s debenture Little __ j —1951 gtd»„_—1965 Libby McNeil & Libby 4s—— 1955 Liggett tt Myers Tobacco 7S—>——1944 Lex & East A-0 2437. 43% 43% ' ,——1974 __1950 page 84 72 '■ ' — Co gtd 4s A - 96 — M. f-a j-j 1969 • m-s 77% ■ , » 112'/8 112% 119% 119% 112 • 4 » 78% 41 109 M-S 1966 1945 *103% , 109 Va 5 *— 106 77% 98 97% 115 119% 122% 77% 84 Vi 108%' 110 105 s> see. 88 74 97% 79% 79 Feb f 4Vis_ j v a-0 M-S ——:>i—1974 stamped— 1950 : .' ——1964 stamped„>——! Lehigh 4Vis 79% B 5Vis B j-j i". sink fund 5s————1964 Lehigh Valley N Y 4%s ext 4s 88% Feb mtge inc 5s series A footnotes 5s 4s J-J 1967 Gulf States Util 3%s series D For 92 J-J >1946 - Gulf & Ship Island RR— 1st & ref Term M 5s stpd s 99 Vi J-J Gulf Mobile & Ohio 4s series B Gulf States Steel . 80 1977 mtge 5s series C AGen 107% 93 97% 76% •; 31% 1946 : mtge 3%s series I ADebentures J-J _1976 - —: AGreen Bay & West deb ctfs A 1st ,.r J-J J-J mtge 4s series G Gen Gulf Mob „ —„1973 General 4%s series D General „ ref & •Leh Val *91 1947 :.':"y 3 74% . 5s 77 76% 95 43 43% V j-j Cons sink fund 4 Vis series C—1954 „ 95 15 *>_ ; Dec f 4 Vis A——1054 1st & ref sink fund 5s ... 94 J-J Goodrich s Lehigh & New Eng RR 4s A—_—>^1965 Lehigh & N Y 1st gtd gold 4s_—1945 Lehigh Valley Coal Co— " 5s stamped„l —>1944 1st & ref sink fund 5s_>>—-—11954 5s stamped—— —————1954 ! Gas & 97% 76% ; ' 76%; j-d ,Alst mtge income reg———1975 ;Lehigh Coal & Nav 1st Gen j-d ' ———-1997 registered—>; 97% Lautaro Nitrate Co Ltd—; 97% 12% 17 3Vis 105% 107% 58 64 62 Vi M-S Machinery Corp 3s debs—1956 Francisco Sugar 97 Vi 11% 5s series A ACertificates of deposit— tFonda Johns & Glover RR— §A2-4s 97 *60 3 i : j-j 106 2435 COMMERCIAL & FINANCIAL CHRONICLE THE Number 4085 Volume 155 NEW YORK BOND RECORD 26 June Ended Week . Last Interest Period V • Sold Sale price Bid & Asked Low Low 1st ref & 1st - ' A-O A-O 81 Va. 80 % J-J 7—2003 ref 4s series & 1st 7—2003 3%s series E. 3 y2s series A ext;. —1950 Unif mtge 4s series B ext..;. .—I960 Paducah &'Mem Div 4s;;._.;. ..'—1946 St Louis Div 2d gold 3s._.._. .—1980 Mob & Montg 1st gold 4,/2s_: -..1945 South Ry Joint" monon 4s,7-. .7—1952 Atl Knox & Cine Div 4s__.»f: —1955 7 • M-S • ' ; series C 98 86 y2 80% 104 n; N ♦109 M-N ' 1st Dock Y gold 4s Conv 5% notes—' 83*. — 49 71 83 61% "141 58 69% 99 99'/4 12 96 Vi 99% 94% 95% 16 93 99 100% 100% 3 , — N Y & Erie-—See Erie — A-O 100% 62% 62% 3 60 64 75 75% 6 71 83 107% 107% 9 106% 108% * 107 % 107% 8 107 108% 116% 116% 1 116 119 V4 * 111% 111% 3 111% 115 78% 10 A-O A-O . 107% . RR • ' 4»/2s series A_,__„_.L_1960 Manati Sugar 4s sink fund__Feb 1 1957 Manila Elec RR & Lt s f 5s_>-_J-_1953 Manila RR (South - Lines) ;4s_.„^_1959. IS A Manitowoc Green Bay & North- ; western 1st gtd 3.%s_«— ... 1941 Marion Steam Shovel s f 6s__i_._1947 Gen. mtge Stamped i- > - . ; 98 ;r J 103*. ♦111 Va-112 : ,'41 ' 67 \ 67 ANon-conv i. JAMilw Spar & N W 1st gtd 4s __1947 IS A Milw & State Line 1st. :3.y2s_l__1941 ext *— : 26 *30 1 * 34% 68 AGeneral 57% 63 ,* ,' 32 > 1% M-N MS Q-F ctfs . ' J-J J-J J-J i%- A 13 i< i%" l vV9- 1% 'v*% 28% 43 19 34%' 33% 35% 286 23% 43% 49 50% 41 40% 61 12% . *4 , 77 * .7 6% 3% 'G%. 65% 99% 100 66 60% .; : Co— 30% 44% 24% 41 20 33% 21 35%' "7% 22%. 18 1 > 28 17% . 30% 197- 16 30 A-O 28 17% ,61 v,- : Debenture 77 -7',, :7'7; & ACertificates A 1st & ref ACertificates deposit———-- of A 1st \ A 25 y4 27 388 21'Ve 24% 26% *11 23% 32 25% 26% *25% - ~lVa M-N A-O , 26% ■73 .'45 *25 Vi * 33% 33 — "7 -1% 242 32% 21. — 33% 24% 26% 25 y8; 3s 21% 33%, j, Pacific Ry— § A Missouri 1st mtge Montreal Tramways & ref 3%s—1966 5s ext——1951 Morris & Essex 1st gtd 3y2s Power 1st Montana Constr M 2000 ——-1955 5s series A • . 416s series B_»— 1955 Mountain States T & T S'As——1968 Mutual Fuel Gas 1st gtd 5s„1947 Constr M 54 98% 104" 109 2.- 42- 104 *86% 87 - 37y4 38 Va. 77.'. 38% 32- 1 35% 35% 11 F-A * t ANaugatUck RR 1st gold 4s 1954 1948 JANew A England Tel & Tel 5s A——1952 gtd 4 Vis series B—.U961 N J Junction RR gtd 1st 4s 1986 N J Pow & Light 1st 4tts— 1960 New Orleans Great Nor 5s A -1983 N O & N E 1st ref & imp 4»/2s 1952 New Orl Pub Ser 1st 5s series A„1952 1st & ref 5s series B— —1955 New Orleans Term 1st gtd 4s__—1953 f- A 1st *. D——1956 u ^vAACertificates-Ati;depp8it-^.-j--i-— A 1st 5-Vis series A-i-i—— r._-^_1954 Alst 4-16s • , , v *•- series- ACeTtificates , of 75% 82 82% - 105% 107 "/a *3 5 13 107y8 105 74'/a 72 r*. •80 • 41% A2 F-A 40 , , Va'' -37% -> (; 8 40 . 95 44% 54 % 57% 69% J-J 50 48 50 20 48 59% 1 J-J 51 48 51 70 48 59% - F-A 12 108 109% J-J 3y2s—1997 3'/2s registered —1997 Lake Shore coll gold 3Vis— 1998 3Vis registered 1998 Mich Cent coll gold 3Vis 1998 3 Vis registered 1998 N Y Cent'& Hud; River For footnotes see page 2437. : "J-J J-J ,F-A F-A F-A F-A ' 94 — ' ■■, 40% >45- 3 '?> . 7 94* 141 7 ' 45%., -45%, 42- 49% 46 49% 51V* 49 51% > *102% 67% *64 * 68% ">• 43 - 93 'r 42 '•556 .375 287 '■ 43% *. 59% 47 109% 111 Va — t .... 102% 102% -7;'7: r ' J-J 7 • CO 6 7% 7 . — Jm'- 109 ' 108% 109% 5; 5 * 103% 103% ' >*,*, 102 102 F-A M-N J-J - *103 -- . 102% 104% 102% 105 117% 106% 108% V'a 9 111% 11 111 112% 29 104 106% 99% 100 Va 100 109 Vi 110 ■ 111 106 9934 J-J 103 102 105% 106 y4 ', ''—v', : *: J-J 108% 107 ~/2 5 102 *109% 111 J-J * 108% 110 17 107 ^'4 108 y4 •' J-D "u 108% 110'/4 2 109 108% 4 106% 108% 21 106% 107 107 J-D 1st 1960 Panhandle East P L 3s BJ M s Paramount 109% 112% 78% 101 y4 'V 8. .= 50 ' 52% f gold 3s loan ctfs— 1955 Pictures 4s debentures-1956 50 46% 47% 44 44 ... 2 10 3 ; 61% 50 46% -44 .107% 108 Vi 3 100% 100% 15 99 102 Ms 100 Vi 100% 9 99 101% 1 85 ■ . F-A 90 __ *>' V ' *90Vi .. A-O 90 . J-D 107 Va M-S 7 ." *60 Vi . 41 ; 99% 41 58y8 deb 6s___•—'. cons 5s^ *116% M-S 61% 98% 100% 46 49 40 3 J-D Trans Passaic G & E 105\ 100% 103 V4 4 62% 99 Va 40 99 Vi 108% 105 100% 100% F-A \92% 106% 108% *105 M-N- W4 84% ~7 *10874 J-J 109% 106 y8 108 v* 92 107% 107% 1 A-O & Gtd 4s series E trust ctfs_, • 1—1952 1963 -Pennsylvania Glass Sand 3%s„—1960 Pa Ohio & Det 1st & ref 4Vis Ai—1977 4%s series B Penna Power & . * 1981 1969 1974 1 Light 3!/2S— A, 4 Vis-debentures-^ 118% 118 — 102 ,s8 102 A J-D 102% 102% M-N 105 F-A 4s 57 • - • Gen Cons 101 101 *103Vi J-D *101Vi J-J 106% „ 106 102% 104V4 105 12 M-N 108% 109 stpd dollar—j. May 1 1948 M-N 108% 109 mtge 3%s series C sinking fund 4'/2s 1970 56% General 4y2s series A— 49 y2 General 5s series B F-A 1960 —1965 ^ J-D 1968 J-D 101% 104 y4101% 48 105 108% 14 99 107 y2 102% 103% *102,/e 103 A-O » 101 -M-N sterl 105% 105 — 106 Vi 1943 gold 4s—— 107 100 Vi 32 — 101% 103 F-A 1 1 103 101 Vi 101% 101 Vi A-O F-A 105 —1948 Consol 78% 50 > '•>. 107% J-D Guaranteed 3 y2s; trust ctfs C_i—1942 Guaranteed 31/2s; trust ctfs D—.1944 --;79% 66 27 107 Vi 61 67- - 110% 112% 14 89 J-D J-J 90 3 17 109% 109% • — Pennsylvania Co—- 54 y4 59% 49 •- J-D 82% 89% 112»/4 112% Vi '•wW r*- 109 J-D 1944 ^1949 Pat 97% <• 46 ...s 69% 50. 50 **•*-; n ..1945 Pennsylvania RR cons gold 4s__; 68% 109% *110% J-D • - '37 ".? 50 -'-M ^" 47% 43% ,,93% 109 109 % M-S J-D 38" :-52%, • 47. s 46% Vi J-J ..1943 Secured 4s 1 • 4.7% ■> 2&C 40 -v >100 44 46% ' J-D • NewportiCincinnati' Bridge Co— - , »* * 7 General gtd 4V6s— -1945 J-J N -Y Central RR 4s series. A__. 1998 F-A lO^-year 3%s sec s f. ——1946 A-O Ref & impt 4Vis" series Ai— 12013 " 'A-O ,><Ref & impt 5s series C 2013 A-O Conv secured 3'As _1952. M-N 42% 38 ■'«-» jL '1 457 - Gas & El 4s series G Parmelee 46% 39 39 4 » 5 42% 39% deposit——— 40 *37% 1; 61 1964 1st & ref mtge 3%s series H—„ 1961 1st & ref mtge-3Vis series I—1966 1st & ref mtge 3s series J———1970 7 1st & ref M 3s series K_ 1971 §APac RR of Mo 1st ext gold 4s_i_1938 § A2d ext gold 5s—1938 Pacific Tel & Tel S'As series B.^—1966 Ref mtge 3 Vis series C —.1966 Paducah & 111 1st s f gold 4Vis——1955 1st 49 38 - -rr-l'f .,40% 42vi "A-O 45 y4 57% gold 5s_—--.1946 50 '47 % 34% M 2 i .42% *__■> .V. 73% 39 61 J-J 1st 5s— ' . •* 78 66 50 ' Paramount Broadway Corp— 41% 34 41:% --38 v.'; 38 M ' •-: 437/®' 37 38 41 t- ,. --- 77% ■ 75 * 3 75 a *30% F-A 1956 ^of,deposit 75 Va 107% 109 Vi 77 *33 — 27% 68 71 39% 39 39% Q-F Q-A 1st gtd 5s. Transmission Coast Co "Pacific 120% 124>/4; -i 109 72. 41% A-O .deposit——ij,— >•».; 5s, series ACertificates 26 74% 101 60 69% 68 *67 Q-J ..1962 72% 106% 106% 1067/e • ' 117% 120% 77% 106% 106% — —1954 a. series --ACertificates* of Alst * 5s 118% 118% 21 V *76 > ; 76 56% 20 75 „ 114 99 -- — 92% 56 123% 124 - A-O -; t§ AN O Tex & Mex n-c inc 5s—1935 ACertificates of- deposit 62% 109 A-O J-D J-J '' A F-A A-O J-J J-J 119 112 ■ 27% 69 ; M-S .103% 90 : *75% 1 65 Q-J ..1946 Pacific 118% *111Vi ' ■""" 104% 119 ..... *99'/a J-J .1946 2 64 62 123% __ 117% 119% „ 64 62l/4 100% 103% ■ 120 _ A-O ..1966 102% 104% ; « A-O 71961 *91 J-D i.iM-N ■ 8 ■1 — r ..1946 100 .: 28 .-r 100 Vi 104 2 102% 103 *102 y4110 .. •- M-N 69% 62% , . 324% 128% 41 : M-S 103)4 105 Va 8 53 103% *116% — J-J —-—-1945 1st s . 100% 101 103 J-J 1945 England RR gtd 5S—^ Consolgtd 4s, New - 101 J-D '4' M-S ..1972 4s , 28% " 102 M-S ..1967 mtge 4s 1st 111% 112 104Vi 104% M-N cons 5s_^ Newark Consol Gas 63 A 104% 23% ^ ..1946 62%; F-A J-D M-S A-O 26% 5 —F-A ■ & St L 4s series A—_1978" Prod 3V4S debs—1960 Nat Distillers Prod 3y2S— ^v.1949 National Steel 1st mtge- 3s——1965 21% 24 124% 125% 102% 71965 Ontario Power N F Dairy 36 23% ■ i-, ■.2. F-A ..1943 Ontario Nat * - F-A ' : 74% 69% .1 25 ' N Nash Chatt 101% 103 Vi 72 Va O 42% *111% 116 f' M-N 5 103 23% ; o-a - 3.1948 106% 108% ' 109% lll'/2 72 Va 25 A-O 1967 1st & ref mtge 3Vis_ 46% -131% 50 108 Vi 108% 108% 109% 6 ; J-J - 7% 1 ■ • my2 111% 103 93 VV 109 Va 3% 78 5% 5»/8 I08y2108 y2 . M-N (Wise) ' 34% 108% "5% .£ 106% 108 • D_7.^_ .—2047 43% . 7 States Power Co— 87 82 . 36% 15% 19 108% 109 * • ' 2047 103% 106 35 V2 36% . • A-O 107 Vi 112% 104% 110% 110 18% 75 y4 87 ' M-S 110% 7-,; 108% 108% 104% 'v r J-J ' ' . 1st mtge 3%8,7*7 —.1964 .1944 Northwestern Teleg 4y2s ext— '. 38 9% 13% 85 y2 J-J 2047 impt 5s series C—— (Minn) 91% 42 J 100% 100% A-O J-D J-JJ-D M-N M-N J-D ' B0% 48 *44. A-O 4l/2S———.——1960 —1965 debentures———. 6s 90% 90% M-N M-SF-A at 4to _—JUJA:]938 Moh'k & Malone 1st gtd gold 4s_JW91 Monongahela Ry 3y»s series B_j|tt66 Monongahela W Penn Pub .Serv-Wm > " ; 3rd 7s extended 29 • 13% M-N ' " impt 6s series b_'_— —..2047 Ref & impt 5s series Lrm v 17% *13 1 — & 103 7 ■. 104% 106 14 Va ■, "• 7': 1 7 1 • 34 —— impt-4 Vis series A Ref & 109% 110% 34 F-A 1997 & Ref 31% 24% *25% Ref ' 105% 105 ' 2% 48% 39 9 105 Vi 105% • , F-A ' . Pacific prior lien- 4s_ 1997 registered—, Id gold 3s__—.Jan 2047 registered— 7——2047 4s • 105% iy* —i* ' Gen lien ry & 1% % deposit- of i*— 1 ' ' ' 40 ;;- Northern 21% 26 y2 1 25 Vi 26% F-A & ACertificates 25% 70 - * 7% 4% 61 1% *1% 39 *109Vi *' guaranteed gold 5s .1945 1st mtge gold 5s (stamped can¬ cellation of guarantee) 1945 Northern '•< 85 10 • 6 ,-• • ref 5s——.1974 ..1974 33% * . gold 5yaS— .1949 ref gold 5s series H—__1980 ACertificates of deposit—-—. 1st & ref 5s series I—7 1981 ACertificates. of deposit——— AConv : > , 26% M-N A -4 171 26% — G_———1978 31%. 1% 3 27 : deposit— of 5s series 33 25% ■ 2% "2% ...M-S * M-S 4s——————1975 ref 5s series F__—;—,'—1977 AGeneral A 1st 73 :v - 39 J-J ref 4Vis series A„ & vi. J-J A 1st %: 21% 38 25% -26% *25% 7— deposit-———- of 26% F-A A_———1965 ref 5s series ACertificates 79% 5% ■ J-J : - Gen • - 4s__*——1959 North Central gen & ■ (; ■M-N mtge'4 Vis series A—... 1998 mtge 5s conv inc_:„____—2014 t§ A Norfolk Southern RR 5s A—1961 Norfolk & Western Ry 1st gold 4s_1996 ; North-Amer Co deb 3%s_———i—1949 '-Debenture 3%si' ..1954 ^Northern Ohio Ry— A 1st & 8% 41% ' 1st 96% 100 -f ■ 165 M 34% 26% — ;' J-J series A—Jan 1967 Missouri" Pacific RR Co— 3% 21% ' Telephone 3%s series* B_—.1967 Y Norfolk Southern Ry ; 178 v 33 > 34% J-J adjust 5s 5 137 79% ; 6 J-D — J-J ACum mi - 39 37% 38 y2 " ;■ 40-year 4s series B____——1962 Prior lien- 4%s series D__—1978 • 5 Va 33% r- -- , \ A-O ___._„1937 1st 4Vis—.1946 3%s__——2 1966 Niag Lack & Ont" Pow 1st 5s A .4955 Niagara Share (Md) deb 5y2s_ .1950 9%/ 14%,, 1 *v V/a 65 Vi J-J J-D A-———1962 5s series Prior lien ■ 4% 31% 5yu M-N Niagara Falls Power 9%. 14% 4% ' *% J-J • jAMIssouri-Illinois RR 1st 5s >1959 Mo Kansas & Texas 1st As..;.-——1990 . ;. 33% ;M-S AGen Missouri-Kansas-Texas RR— 36 26% t§AN Y West & Bost 9%-1.4% -i 54 12% 12% 12 Va 12% 203 >- v 12%- 13 ( M-S —.1978 1st & ref 5l/28 series B'_ 36 19% • ' , gold 5s_„1940 ATerminal 1st gold 5s_— —1943 ; sl% V 4% • J-J i; ■ .7——-1949 5%s__ A 25-year , , A————;_1946 & ref - 6s series 19 55 50 V» • A 1st 34 30% 28 M-N 1st cons gtd 4s„„1993 4%s / §A2d gold .§AGeneral 9%. 6% 20 6% *% ; 37 - * -+ N Sault Ste Marie -V1 -7 stamped.——.1938 6 A 1st consol 5s_v-—--I—;—,—1938 § A 1st stamped 5s gtd as to int—1938 7 > 34% 30 35 V'a J-D El Lt & Pow 3%s_—1965 Y Rys prior lien 6s stamp—1958 Y Steam Corp 1st 3%s_— ^>.1963 AN Y Susq & W 1st ref 5s 1937 N 29 37 > J-J *.lAlst cons 4s •* • A-O N Y Queens 45% >: 18 A 23%", 23% 4s__r„ N Y & Putnam . gold 4s ,1992 —1955 JAN Y Ont & West ref . 38 67% IMinn St Paul <fe ,f 34%' 18% 96 53;'. - 67 104% 107 2 105% 106 - i *- " 54% 105 y2 MS ' * 1934 —1949 5s series A—1962 50-yr of 1927 & ref 4%s series 35% 20 Va 9 J-J 1940 _195,7 1967 — 19 Vi 2 28 J-J jAHarlem River & Port Chester—: 1st 4s ———1954 N ARef & 4s— 22 26% 28 30% _1948 6s gACollateral. trust A Debenture 29% 28% 30 M-N - 70 93% Hi .-,"54% 53 * ' J-J 1956 — 28 27'/a 28 " 9 69 - 96 96 , J-D ;J-D Northern 1st ext 4%S-_1939 ASConsol ext 4%S-~-;l.-1939 JSAMilw & 70 »— M-S , M-N Ref & impt. 4y2s series .1979 J-J 7 Michigan. Consol Gas; 4s_l>i»«il-»„1963 77; M-S 4 § A Midland of N J 1st ext 5s.——1940 77 A-O t A Minn & St Louis 5s A 1st & ref gold 4s Vis 64 103 V'a 100 —"■ ' " A-O •" 59 54 Va 2 ' 26% 29% M-S r, 52 42 56 55% *100'/a , 80 60 103% 104'/a ■ 53 '/4 52 ■r7- M-S — 6s—" deb AConv ■ A 1st i. 4 w_1947 __\,^1947 deb '3y2s,_—__*___1954 deb 4s 1955 deb 4s 1956 3Vis_—: ,ADebenture certificates 3 t 67; 4% *7 - Hartford RR— 4s__ deb ANon-conv 1_ J-J deb • 104>106 109% 111%' 105% 106 106 *100 ' "• 53 , M-N .—1943 ANon-conv 90 105%: .68% ' 23 .-—1973 .ANon-conv ANon-conv 89 V2 89 _j.__ JN Y New Haven & 100 l/a 97 v. 101: *103% 105% L '. M-N . Impt 5s_ series B——; Y L E & W Dk & ,96% - 89 y2 40% 30%" X ;,*98%-100 ——1952 3y2S gold 1st 4 Vis ' 78% * ■ 98% -.98% , 78% M-N 1973 series A N Y Lack & West 4s . N -38 *27 M-N , 3V2s——..1951 & Sag Jack Lans - 89 .i -- ' 55%, 43%* 53 y4 2 - *- * f§ANY & Greenwood Lake 5s_—_1946 N Y & Harlem gold 3%s_——_2000 46- ■'■'2 47 y4 1 85% i 67 A-O Q-A Q-A A-O J-J MS A-O F-A __._.__1945 McCrory Stores deb 3,y4. i——1955 McKesson & Robbins 3y2S—.,-__1956 Metrop. Ed 1st 4y2s series D„-:i.^-C-1968 Merop Wat Sew & Drain 5y2s.___1950 fgAMet W Side El, (Chic) 4s —1938 • ♦„_■ • A-O < Michigan Central— 47 v* .'>79 14, 82 */8 v 46% -46'/2; • J-J r • series; A__Apr 1940 Ry 7s y2 M-S M-N (Stamped mod) ext, 5s t . 46 82 W M-N , < — St SAMarket * 82 3-D - F-A .Purchase money gold 4s_——l._1949 3-D 4s series A......1945 *1^4 ' ' 3-D gold 5s_„1948 N Y Gas El Lt H & Pow Maine Central RR 99'/a 101 F-A ' M ' A-O 1965 1966 ; ref 3'4s series E lien ii 1st 108% 111% ■ J-D * " ,91 86 18 •. D_i N Y Edison 3!/4s series • 89 y4*: 89 % J-J "74% 59% ^^_^_1965 1951 —1947 RR 3%s A N Y Connecting 106% 7 80 73 61% ' 107% 104 *' 1 High 73% A-O 105 101 Low M-S ■ >4947 !Lli950 ,'lst mtge 3. Vis extended to 6s debentures ; 93% f ■■ High January No. A-O 1974 —1978 series- A 86 79 110% • M-S 5l/aS Ref-4y2s 21 104% 104 y4 "65% •• Ref 2 , 107 y4 107»/4 r 104% F-A . r *103% 104% J-J _ . 99% 104% . 35 86 80 y2 86 1st & ref Unlf mtge 91 86 00 Vi A-O ref-At/is series' C___._, .7.-2003 & 90 y4 ^ 90% 38 ?100 100 A-O 2003 series 5$ Range Since Sold York Chicago & St Louis— New Louisville & Nashville RR- Bonds Friday's or Sale Price Bid & Asked Period High Low No. High Week's Range Last Interest New York Stock Exchange Week Ended June 26 .Range Since January 1 Bonds Friday's or Friday BONDS Week's Range Friday BONDS York Stock'Exchange New 5 108% 111 10 108% 111 89% 94% 90 Vi 33 120 119% 120 Va 9 100% 100% 101% 53 100% 105 34 107 % 89% 107 Vi 89% 107Vi 108 119 122 111% THE COMMERCIAL & FINANCIAL CHRONICLE 2436 Friday BONDS Ended Week Interest Exchange Stock York New June Week's Range Last Period 2(» BONDS Bonds Friday's or ale Price Range Since Sold Bid & Asked Low January No. High Low New York 1 Week 1970 A-O 88 87% 88% 1981 General 4'As series D.— A-O 96% 96 96% Stock Ended 70 86% 53 96 3'As deb Conv 4s Eastern & 97% 96% 97% 24 A-O 8 6'A 86'/a 87 '/a 103 1947 Peoples Gas L & C ref 5s____. Peor.'a J-J 1952 :—:— M-S 1960 ext-.__ 1974 93% Bell 3s 100% Marquette 1st series A 5s 1956 J-J 1956 J-J 1930 M-S 1952 J-D 1st Ry B series 4s 1st Union Phelps Dodge conv gold 4'As series C_. 3'As deb„_ Phila 1st gold 4s_.__1943 .. Tel & Tel 3'As 5 7 37 Colo Southern Pacific 66% 64% 66% 55% 57% ' 6s 57'A 7' M-N 64'A 103'A 104 General 4'As J-D & ref JAPhila 2%s mtge of C 4'As D 4s 109% 111'A 3 99'A 102'A 39 24 9% 142 5 22 10 2'/a 1st A & ref Oil 23/t .1949 J-D *111 F 4s guaranteed gold- .1953 G 4s guaranteed .1957 cons Series I J Series Gen *111% .1963 F-A .1964 M-N .1970 J-D guaranteed 4'As. Gen mtge 5s series B_>— Gen 4'As series C_,__,u,„_— .1977 Pitts Steel & Iron 1st 1st mtge Va Pitts Char & 99 J-D J-D gtd____, .,1943 1st 4s 118 100 14 96 9 7'A 98 16 97 97 97 8 55 "I 55 5 5'A 16 55'A 14 55'A Pitts ser A, .,1948 J-D J-D .,1962 C,___, >108 F-A .,1974 J-D .,1977 series 5s extended 1st Potomac El 1st Elec Gen to, *99% 1957 t A Providence Terminal 4s__ — & ref mtge 5s._-__.— 1st & ref mtge Public of 3'As——1968 86% 3 109 •7r: 3 J-J 1956 St L refund s 104 216 4 1st & coll 103 trust 4s 28 67% 76% 74% 36 73% 75 8 73% V'; N & 100% 21 101 101% 53 105 105 8 .,1967 1967 M-S 99% V 7 104 Ve 104% 104% 104'A 1961 5s cons .,,1944 1953 J-J 1959 1949 O .. 98 Lawr 1st 39 M-N J-J 23 64 12 St Louis Mtn Iron — iL 'I 7. 12% - ■ '. ' St L Pub St L 1st Serv ' 7 (MW-' ' ' ■ 95% ■ ' 13 ',; /7 . 45 10% 7" 7' 4 Va ■ I- 5% 1 of lien APrior ■7 M-S .1955 95% 22 ' 7" ■ 91% 106 1 of ACertificates of J-J .1950 J-J deposit .1978 M-S deposit stpd_. 7;':— A2d 4s 1989 bond certificates— 4g bond inc 70% 70 ' 'I ctfs_—_Nov 1st Paul E Gr Trk 88 ^wV'7,' 88% 65 '■ 66 7.7/ 23 77 cons 12% 11% 12% 1st S Paul A Union Ar & Depot 3'/aS B 12 12% .7%. 9 J-D 99% 99% A-O 59'A 58'A 59'A 34 58% 70% 1979 A-O 59 57% 59% 56 <57% 69 % & ref 5s series D ,,1980 J-D 58% 58'A 58% 17 58% 1964 M-S 104'A Mo Pac Ter 5'As A Ave Ry 1st ref 4s ,,,1960 income 5s Jan 1960 1st RR gold' 5sl_,",,1937 Ohio Cent ref & impt 3%s__ 1960 & Ohio Ham & Gas & 4s Buff Elec 1st 13% Pass 1st 13% 13% 13% 1st J-D 13% 13% Fe Pres & Phen Santa Schenley Distillers 4s Scioto V ISeaboard § A 1st N E & 1st Oil of (Chic) 11 80% 10 81% J-D *100 101 M-S *116% J-J *105 M-N 5s 1945 deb,,,,, Air Line 1st debentures F-A J-J I ,,,1947 1971 Cigar-Whelan Stores 5s_ U N J RR United & 3'As debs,,——,,1955 I 109% J-J A-O 96 M-N §ARefunding 4s 13% 42 12% 17'/a 78% 30 ACertificates A 1st cons of of t A Seaboard All Fla A 6s series Union E 1950 J-D 1952 8% M-S ,—1944 *100'A 6s 2'As 7% 4 12'A 101'A 103 'A ~4 99 % 101 27 Steel 10X14 101% 14 173/4 10% 17% 1 34 1 2'A 24 43/4 9% *53/4 6 M-S ~9 8'/a 9 233 5% 11 8 7'A 8 31 51/4 10% 22'/4 23 , 23 F-A 8% 1935 F-A 7%. 1954 J-J 1941 A-O Skelly Oil 3s debentures., 1950 1964 J-J South 1963 5s_. page 15 8 3A 254 73/4 29 96% 25 98 'A 99 32 % 102'/a A-O RR gtd 4 7% 32'/4 "I 102% 102 % 24 * F-A Socony-Vacuum Oil 3s debs 6% % 96 3/4 F-A 1952 debentures 4s see 14% 7 A ctfs—1935 993/4 100'A 105'/a 105 *121% 2437. I 96 97% 105 % 16 96% 12 "• 96'A 102'A 103'A 11 96 14 *104'A 104% 76 • - 76 95% 99 95 'A 99 102'A 105% 103% 107 93 93 "l « 93% • 69 77% 62 90% 97% *99% 104% 105 11942 M-N ..May 1 1943 -NOV 11943 -Nov — 1.125s— • 108% 111 Corp— M-N *100% M-N -•100% 100% 100% M-N ^*100% 100% 100% —• *100 100 . * li25s A———,,'—" -May 11944 ' 100 ' :1,375s •• M-N *100% M-N :*ioo— ..Nov 1 1945 M-N *100 -May 11946 M-N *100: 1 1946 M-N *100 -Nov 1.625s 7 ; 1.75 s 1 1944 -May 1 1945 1,50s U—— — -Nov _May 1 1947 M-N -Nov 1 1947 M-N M-N' -Nov 2.05s -May 1 1949 1 1948 -■ 100% 100% 100% 100% 100% 100% 100% 100% 101% 100% 101 101- 101 /: 5 100% 100% 10 *100'A 101 M-N >*100"' -Nov 11949 M-N M-N *100% -Nov M-N 101 -May 11951 -Nov 100% 101% : 15 M-N *100 101% M-N *101 102'A -May 11952 M-N 100 2.40s -NOV 1 1952 M-N *100 -May 11953 -Nov M-N *100 M-N *100,, 2.60s -Nov 1 1954 M-N -May 1 1955 M-N 100% 101% -100 101% 100 101'A 100% 102 101% 100% 103 101'A 100% 101% 100% 101 % *101 2.65s 100% 100% 101 100 *101 -May 1 1954 M-N 100% 100% 100 101 1 1951 1 1953 100 100- *100% 101 -May 1 1950 100% 101 100% 101% * 101 2.10s 1 1950 100%' 100% 100% •100% 101 M-N ..May 1 1948 100'A 102 *102% 100% 103% United Stockyards 4'As w w 1951 Utah Lt & Trac 1st & ref 5s__.1944 A-O 96 96 97 36 93 Utah 1944 F-A 96 96 97 66 93% 101% 4s series A—1955 F-A 3 109% 110% Power & Light 1st 5s 94% A-O 927/a 94% 8 91% 97% 102 V Vandalia RR f 4s s cons g series B 1957 Elec & Pwr 3'As series B 1968 Va Iron Coal & Coke 1st gold 5s__1949 Va & Southwest 1st gtd 5s -,2003 1 1st 5s cons 1958 *108% M-N M-S *108'A 109% *__ J-J 75 1 69 75% 91 91% 68% _2 107 % 107% 105 68% A-O — 109% 109% 75 Af-S Virginian Ry 3%s series A____ 1966 Af-S 123% 125 14 debs 12 94 68% 75 101'A 103 1 t§ASilesian-Am Corp coll tr 7s footnotes 19 — 102% 101'A 13'A Simmons For 2% *124 J-J Nor Ala 8% 100'A 100'A A-O 1961 & 8'/4 *12'A M-S 102% Af-S Va 2% *102'A 103'A A-O ___ 11% 99% 102% ~ Cons 84 6% ,1945 ; A-O .,1953 5s—— - 1 A, 109% 109% 95% : A-O 51 29% 7 2%s sinking fund debentures Co 76 15% F-A deposit,, 97% 11 82% A-O certificates,, Oil 57 31 ,_1959 1§ AAtl & Birm 1st gtd 4s„—,1933 Shell :" ,__0ct 1949 deposit,, series 6s ACertificates 76 44 ___ ■; 96'A 15 3% 4 8 27 83/4 8 % 95% 97% 973/a 99y2 39 37 100'A 1031/4 13 993/4 103 22 1041/4 106 107'A 105% 109 W Ry—* gold 4s unstamped,,,,,__1950 §A4s.gold stamped,.; A Adjustment 5s 97'A 2.55s 17% *1% 102'A 111% 6 100% 100% - 2.50s 11% *77 M-S 106% 108 *7 100% 2.45s 12% J-J M-N 105 :i debentures -:875s 89 246 5 M-S 108 " (Del) Canal gen 4s. States Serial ; 66 13% 22% 1952 79 13% 21% 5s—,,.1942 88% 101% " —1970 mtge 3'As series A—_—__1980 United Drug Co 45% 17% 22% f deb— s 90% 100 109% 109% A-O 1959 1967 Calif 3s 18'A J-J gtd 4s—,_1989 18% 87 2.35s 11% 34 100'A 57% 12 '98% 101% 80% ,1971 United 75 11% 62 A-O 47% 1953 BisCuit 75 1 77% J-D 111 69 102% 104% 80'A 87 2.30s 67% 58 69% J-J 14 4 29 t.:*99-/'Ai'v' 2.15s 13% 42% 1943 13% J-J 50% 1949 gold 5s United 60 13% 69 gtd gold 4s 49% 99% 102% 86 gold 4s__1946 1st-& land grant 4s_; 34-year 3'As deb— 35-year 3'As deb * 16 % 41 F-A 103% 104 % 50% A-O 10 M-S 96% 11 69% " , J-J A-O 107%, 19 42% __1971 105% 99% 101% 1977 1950 16% J-J t§ASt P & K C Sh L gtd 4'As—1941 St 104 2000 gold 5s,_ C__^r1942 - 10% J-J 1947 1 C v 16 55 147 M-N gold 4s_1968 V A 1989 1st 4'As, 99% B__,_ 1.00s 33 4 39 1990 JASt 20 99% 86 92% 104% 105% series — 69% 2 .1952 St Paul & Duluth 105'A 105% 105% — 16 7 71 71 37% "J-J tSt Louis-Southwestern Ry— A 1st ' — 13% B__ 103 8 2.20s 55 85 12% 4'As series A M ACons J-J deposit series 5s ACertificates 101 14 . series 1.80s 60% ■ 70% * .1950 ACertificates 86 2.25s *55 M-N 5s,__—. .1959 mtge 110% 5s 106'A 107 % ■ .1 106 106 I- deposit, Rocky Mt & P 5s stpd 108% 109 5s 2.00s ,95% . A-O JASt L Peor & N W 1st gtd 5s__. .1948 122 107 ref 4s 26 % 109% 109% 7 1'.. — *3% 7 7 7 ,7- .7 / Southern— & of ACertificates 120 8 15 ref series 109% 109% *• 12% J-J 1st gold 4s_.___ .1933 AgRiv & G Div 107% 110 & ' — *107 A-O .1996 gold 5s__ 103% 105% 100% 103% 101% 103 *105% 105% 99% 1st 53% ■ I J-J .1996 & Adir 40% 105% & "Ref 53% 39 44 47% 20% ■ J-J 4s,,„ .1947 gold 6s 3 107 86 1965 Louis & West * 2d : 103 Union Pacific RR— 100% 'A'- J-J 1 Saguenay Pwr Ltd 1st M 4%s___. .1966 St 33% 100% 102% 82 *102% 103'A 1943 gold 5s com 1.85s 1st 109% 111% 5 109% 110% F-A 1.90s Island 14 122' 107 109% Va • Jos & Grand r'v'i 102 *120 ■ F-A 1.95s St 34% *100'A 101% J-J W JA 104% 52 44% 23 101 3 99% *45 ' 47% M-S 1934 50 101% 101% M-S 1969 ' ' 7, J-J mtge 3'As series J .11941 104'A gold 4s_, t§AUnion Elec Ry 104% 106% ' J-D > mtge 3%s series I ISARutland RR 4'As scamped J-D 33% U 100% 104% 99% mtge 3%s series H XARut-Canadian 4s stpd: 1961 St 97% 101-. 101% ; 100 M-N 1939 4'As 1st f Pacific , 100 A-O 1st 86% 104% 107 F-A Union Electric Co of Mo 3%s_* 82 M-S t§ AR I Ark & Louis 12 debs,,—1966 2%s debentures & 82% V. M-S Gen 92% 84% 79% ■ 74% 73% I960 A—„.1949 Gen 111 *105% A-O ' Gen 17. 105 74% M-N D—1977 cons Roch Gas & El 4%s series 83 79% 82% Apr Tri-Cont Corp 5s conv deb A 102% 102% 73% F-A gold 4s—1939 1st 111 J-J 108% 109% 1 17 74 101'A gtd 5s A J-D 220'A 74% M-N tS A Rio Grande West 1968 . Company 3s deb Trenton 80 ' " ■ 7-,< J-J J§ARio Grande June 1st 80 79% gold 4»As_,2013 Assn 3s 1956 .— 3'As B__—1964 C Oil N J deb 3s Toronto 108% 110% 2 102% 102% J-J 1st M conv 5%s 1954 3'As *79 79% 121 144% 144% 109 104 , A-O 7V Republic Steel Corp 4'As series B—1961 Revere Copper & Brass J-J J-J Tol 7% 80 _ __ 220'/a 220 % M-N 1997 4'As series C ,—1951 J-J • Gen mtge 88% Coal Iron & RR gen 5s—1951 ' Purchase money 78% Tol 95'/a v deb 3'As— 34 87%. 102 Tol & 105'A 107% 107% 108'A 13 110'A 110% A-O 1951 Rand 84 85% Gen 87% 2 4% *83% J-J 1997 Remington 82 85% M-N R Gen & ref 4%s series B—— 82 7 Union ref 4%s series A.— A-O A-O 13 Tex Pac 2 10 *143'A 146% ■ • J-D —1948 s f deb 5s Philip Morris Ltd deb 3s____— —1962 Gen & 69 1956 Gen 120 78% 111 87 4% J-J Purity Bakeries 87% 86 'A J-J ,.,2037 Reading Co Jersey Cent coll 4s 92 % 60% 1st Calif Texas 121 108'A 108'A M-S " 1968 of Nor 111 Service 70% 88 131 108'A 108'A Third 105'A 105% 108% Df-N 2037 8s____ 61% 101 64 101% 101% 108 119 __ 85% J-J —1956 & Gas 3'As___. 1st 86% J-J —1951 Publ.c Service El 204 88% 62% 108'A AAdj J-J 3%s.__.—1966 t A Providence Securities 4s 62% 88 63% Tel series Texas 64'A 107 :a_ '101 M-S 1950 M 1st Pwr Pressed Steel Car deb 5s__ 61% 88% A-O 104% J-D —I960 4%s 62% J-J gold 4s_ Bell 3s § A Third .Ave Portland 89% 86% J-J M-N 64% 5s 80% 82 1955 A—,.;—1956 J-J 64'A 56 '/a gen 13 Gen 55 55'A 5 5'A 4'As series 82% J-J 3s 55'A 1st 84 82 Ref & impt mtge 3%s series B__1974 Texarkana & Ft Smith 5'As A 1950- 98 »A 56 — 81% 82 gold 5s_—,1994 gold 5s_„—1996 1st 84 A-O 58 M-N 1st 4'As series A_. .,1958 5s series B 185 J-J ,1953 97'A 100 97 A-O gen 56'A Texas 103 99 A-O 1st 56% 46'A gtd 4s debenture Gen 95'A 104'A 4 I mtge 4%s series C—— ..I960 1st 46% 237 Tenn mtge 4'As series B__,_,__, .,1959 1st 4s 57 209 49% Tenn 104% 108'A 20 : 121 '/a 1st Young & Ash 46% 49% 46'A 64% 60 49% 112% 1st Pitts & W Va 90 46% 49 50% 50 185 121 104% 109 14 104% 104% 95'A .,1950 49% 49% M-N 289 51'/a 111% 118 104% 104% J-J .,1950 mtge 4'As 4'As series B 46% M-N 53% 112 110 , 118'A 118 VA M-S 4'As A— .,1952 conv 111 111 — — *118% 119 A-O .1975 105'A 106'A II *111'A F-A 4'As cons Coke 106 M-N mtge 5s series A__. Pitts 102% 102 gi 106 guaranteed 4s_— .1960 cons 49'A 56% 49'A Studebaker Corp conv deb 6s„—1945 Superior Oil 3'As debs ,,1956 F-A H M-S 54 *— Swift & Co 23/4s debs M-N Series 1st Spokane Internat Stand 97'A 102% 100 Div Louis Div Southwestern 3 2'/8 V St 105% 30% 1% *1% Mem 102 56'A —1950 6'As M-N Series Series 103% 106% 51% 6s__, gen 2% .1945 3'As gtd gold Series E 106% 107% 8 ,—,,1956 gen & 29% .1942 guaranteed guaranteed,.: 5 11 J-D ——,1946 series & Pittsburgh Cine Chi & St Louis—■ Series ref 4s Devel Standard Series 1st 1st cons gen Devel 2% 100 Ry & 90% 105% 9 J-J Pac RR Devel 107'A 109'A 102 29'/4 9'/a — debs,.,.,.—1951 l%s Petrol Phillips deposit,— 29% J-J f 4s_._—1937 s 102 Southern 112 1 , 110'A 111 102 M-S —1949 1st 111 J-J 5s——1973 deb 6s„ ACertificates M-S 33/4s 1st 4s 25 96 J-D —1971 C & I ref & Read AConv :}:§ A Philippine Ry 9 5'A 95'A secured 32 107'A 107'A J-J Co coll tr 4'As__.—1961 Phila Electric 1st & ref 3'As _1967 120 1087 1 South 115- 26 Philadelphia 107% 107% ,,1981 Fran Term 103 Va 105% 7 116 7A 117 10-year San 1 High ,1969 55% 108'A 108'A 1st 104 Low ,1968 Gold 4'As 104% 108 27 v.." J-J series C—. 1-1977 series D—*—A.——1981 January No. 105'A 105% 103 '/a 104 105 % ,,,1949 Gold 4'As,_— F-A B_..__.*.__._1974 Range Since Sold M-S Aug 1949 Gold 4'As__,_ gold 4'As series J-J High Bonds ,,1977 coll), 64'A 5s Wash Pac 74 General & Bid & Asked W Co— (Oregon Lines) A 55% General Bait J-J 1947 A___ registered,, 1st 4'As 63% 22 105% 105% (Cent 4s 7% 10 ; Friday's or A-O 1979 Power 20 56% 55% 4s 47 106% 107% *106% 107 .. 89 3% ,7-^V. ' 1962 debentures,, Southern 110% 113% 9 39 *4% . 81% 11 111% 38 '/a F-A Pekin & Peoria Pere 39 Apr 5%s 111 111'A A-O Apr 1990 4s Alncome Sale Price 96% 100% 1984 mtge 4'As series E Week's Range Last Period 26 Low ' Gen Friday Interest Exchange June High South Pennsylvania RE (Continued) Debenture gold 4%s_ Monday, June 29, 1942 JWabash RR Co— § A 1st gold 5s___ A Ctfs §A2d A Ctfs A 1st of gold of lien ACtfs 1939 deposit (reorg 84% 2 79 88 83% 84% 58 78 88% 37 37 34% 44% >90 95 67% 71% 40 84% 89 93'/a 35% 40'/a 1939 deposit mgr)—I, (reorg gold term 4s__, of 84% Af-N mgr)_. 5s deposit ,,1954 (reorg mgr) ___ §ADetroit & Chic ext 1st 5s— ACtfs of deposit (reorg mgr)__1941 ADes Moines Div 1st 4s— ACtfs of deposit AOmaha ACtfs Div of 1st 39 (reorg mgr)__1939 gold deposit 3'As „ 1941 29% 29% 80'A 80 % 80% 4 233 mgr) (reorg 27 33% 80 % 84 "AToledo & Chic Div gold 4s— ACtfs of deposit (reorg 1st mtge 4s series A w i AGen AGen mgr)__1941 1971 mtge 4s inc series A w i mtge inc 4'As ser B w J-J 7 7'A 76% 77% 1981 J-J 41% 40% 42 160 40% 50 i__1991 J-J 33% 32% 34 % 221 32% 39% 75 80% - THE COMMERCIAL & Number 4085 Volume 155 2437 FINANCIAL CHRONICLE RECORD NEW YORK BOND Exchange Week Ended June 26 Stock York New Last or 26% (assented) — 4%s series C._ 1978 ACtfs of deposit (assented) — ARef & gen 5s series D 1980 ACtfs of deposit (assented) Walworth Co 1st mtge 4s 1955 a West N Y & Pa assented A5s 25-year gold 30-year 26% Wilson & Co 1st M 4s A— 22% 27% 23 28 18 25% 86% ; 83% 88% 100 100 104% 105% 103% 105 101 95 24 106 81 33 ?. 41 ■ % 96 Q-M <•99% 1960 84 119 / 121% 107% 109 108% 1 110% 110% 1 110 84% 85% 53 84 96 M 96 2 96 102 14 102 1 ■% 96 1943 102 91% not 25% 26% 26 20% 32% 25% 26% 85 20% 32% 79% 8014 28 79% 84 81 82 41 81 88 78 79 43 78 85% June Ended Week Exchange Curb York New . 26 furnish a complete record of the Aero Co Wire Acme Supply Mfg class A... Class Air Corp— Access Aircraft Investors (N J) Inc preferred-. Warrants Alabama Alabama Power $6 A 6% % May Book 1,900 IVi 20 73 Jun 83 Mar 30 94 Apr 107 89% 10 83% Apr 97 Jan Jan . . 100 ; 950 78% 100% 101 % 86 700 99% May \ 75%- 75% 74 300 ' 23 , American 4%% Gas & Electric preferred—.—. %; Apr Jan 47/a Apr Feb % Feb Jan 10% — Co Preferred v - Jan American Superpower 1st Writing American Anchor Post Paper Fence — 1 * non-voting——* 6% preferred _1_ —10 Arkansas Power & Light $7 preferred.* Arkansas Natural Gas common class Equipment Corp 1 Art Metal Works common— 5 Ashland Oil & Refining Co ——1 Associated Breweries of Canada * Associated Electric Industries— Aro American dep Class A $5 £1 rects reg common—1 1 : * preferred Associated Laundries For * of America footnotes see page 2442. H 13 convertible preferred— Aircraft Corp.. Aircraft common Tel of Canada & Benson 41% % Apr 12Va Jan 1,500 13 % Apr 28% Feb Bliss (E W) May 32 Feb Blue Ridge Corp common Apr 18 Jan $3 optional convertible 2 , Jan 22 Apr Apr 11% Jan Blumenthal Apr 26 '/8 Jan Bohack 18% Mar 22 Jun 7 Vo Jan 85 32 Borne % Jan Bourjois Apr 27% May 6% Jan 2% Jan 33% Jan Jan Jan 2% Jan 300 1% 3Va 5% 100 5% - 7% 200 96% 97% 110 — ^ - 33% 3 % Jan 1 Jan Jan i*6 Mar v Jan - 7Va 2 2% 900 - •4% 8% 21 1,000 2% Jan 7% Mar - 6% 7% Jan 3% a 7% 4% May •' - 7 Va . 1% 2% Jan 2% Apr 1 Co common ; preferred 34 U Jan 1 % Mar Jan 117 Mar 34 Jun Jun 34 700 itf • - - 11% 7 % May 9 Jan 300 ' 31 31 Jun Apr Jan 8 Jun ' 5 Jan 50 Apr 16% % 10 % Mar 27 4'A May * * 100 25 Jan Feb Feb 35 38 35 300 70 — A class Jan 5 3 Jun 33 May 42 Mar 30 Va 3 2% 34 Mar 1% Mar Jan 1% 1% 100 5'A May 6% i'o May Ve 1% May 8% • "7% 1,900 4% 7% ' 8% 3,200 7 4% 7% 4% 400 "7% 4'% 19 1% 1% 100 Jun May 1% Jan Jan 52 —100 Jan May 1% Jun i5o —-—1i— Jan A Jan 7% Jun 10% Mar 8 % Jan 20% Jtrt 2% Feb 60 Apr 3Va Jan —— Jan Feb 2 7V Jun 1% Machine— Preferred B.\ Jan 38% 6 —1* Bridgeport Gas Light Co Class 10 Jan A Feb 10% 1st preferred Corp Jan Feb 9 2% 6 Va 6% 100 Jun % A Jun 38% • —100 $5 2d preferred ——.———* Brazilian Traction Lgt & Pwr..——_* Breeze Corp common———*.1 Brewster Aeronautical—_——1 Brill Feb 3% Jun Mar 34 25 34 • * Inc Bridgeport Jan 9% Mar 30 Bowman-Biltmore common 7 Vo Feb 22 Apr 6% May - Feb 108 Jun Jun Feb 200 7% , 2 2 7 1% — —- Apr 2% 2% ? 1% 3*2 48% Apr 1% 4- ' 2 61%.Mar iV Jan 150 A — Apr 4% 1,300 45 Jan Jun Feb Feb 1% Mar 44 Jan 4% Feb 35 . Scrymser Co Jan Jun 39 — • 1st — (S) & Co (H C) 20 ; common— fc> 7% — : ^ : preferred—* 104 18% 600 28 Va v 6% May 5% * 1 1 300 5% Jun Jun 3 "• -r'-w— 2,200 $2.50 79% — Jan 29 / * — 27 % 25 - 5 / 18% ~ 1,500 2% - v 1 Berkey & Gay Furniture Bickfords Inc common Blauner's common 21 5% preferred 24% May 100 22 2Va .A 10 20 1 ——1 —100 * * Jan 175 2,100 r - 2Va 1 Jan 20% Jan 1% May 10% Apr 2% 3,000 Va 82% Mar 175 19% May 4 ; preferred * Birdsboro Steel Fdy & Mach Co com__* "200 75 Mar 19 'v ;-: Feb 10% Hedges common Convertible Jan Jan .9% Jan A May Apr 103 »/a Jan preferred Tfo 40 * 40 50 % 100 1 Jan l'/a % Mar Jan % % % % 300 % Apr 7% 7% 7% 1,200 6% Apr 6% Jan 8 Feb 5% 5% 100 4% Jun 5% Jan 4 4 300 3% Jan 4% 3% Co Feb 14'A Jan 40 — common.— 31 Va Jan Mar 13 % Jan Jan 100 Mfg Brillo 55% 30'A Jun 40 Jun 12% May 91% .100 y A §Associated Gas & Electric Beaunit Mills Inc common 28% May 14% Apr 1% — Apex-Elec Mfg Co common— —* Appalachian Elec Pwr 4%% pfd—100 Common Feb Bell 28% Feb Jan 3% 14 Jan 100 25 -• Bellanca 25 22 " 25 5 1 • Beech 19% 19% 9% & common—._* 2 Angostura-Wupperman Seelig Mfg— $1.20 convertible A common.Basic Refractories Inc.: — Baumann—See "Ludwig" Beau Brummell Ties Inc Jan Apr 11 common..* —T-~* — * preferred 5 $6 6% 4 94% 28% Corp preferred $6 series preferred American Thread 5% • Jun 100 ' Feb 3% 2% Mar Mar 69 4% .* common——2 Seal-Kap American " 25 Maracaibo Co American Meter Co—>rr American Potash & Chemical——._* American Republics—— ——-10 5% American % 17% 100 & 2,500 ; Steel Stainless Barium Barlow Jan 10% 1% 1% 25 100 100 ——1 common - 2% ■ —30 ,11 1 Rubber Co common Baldwin 300 93 16% convertible preferred———__ 1 ..American Hard Rubber Co a——25, American Laundry Mach ——20 American Light & Trac-common 25 6% preferred --25 34 2% 2% May 100 * preferred— 7Vo Jan % 16 $2.50 Mfg Feb Va 8% Jan Jan 3'a 32% 33% General Corp common—10c convertible preferred —_1 American Jun 4% 150 - American $2 102% Jarf Jan Jan % May 100 6% 100 common Jan 2% Jan 7- 16% 13 warants for common Purchase - Va 6% 5%' 7 A Jun 1% < 3 Jan 3% Mar 12% May •; — V 27% Jan Va Mar 400 15 3% Mar B Va Mar 6 & —1 . 10 —J—10 & Hoe Apr 24% May 300 5 5 14% - 78% May Feb 109 % Jan 3 6 Baldwin Locomotive— , 22 ' ' 1,200 1 __1 Collieries Patoka Jan 300 23 Va, : class A com__10 preferred— 6% Axton-Fisher Tobacco Ayrshire 22% 22% • 5 25 common.i. & Sons (BFl Avery Machine—: Voting Automatic 64 Mar 3 % Mar ■ Jun 106 ■ ' 1 Products Automatic High Low 8/b Mar -'Vo*-* 62 5 * — Corp Jan 20% 10 6 —* 10 Fork Plywood $1.50 Cyanamid class A non-voting— American Foreign Power warrants American Atlas common 114% 3*2 : Class B Drop Forge Jan 7% —25 American Atlas Jan 65% :■ Co Corp— warrants Range Since January 1 Shares - —■ 50 1 Rayon Atlas Corp Babcock & Wilcox Co ■; 200- $4.8484. under Section 77 of High Low Par Coast Line Atlantic Feb % — Atlantic 105 3% 23 — of Prices Jan A APr , —.— 22% 5% Apr 90% 50 102% 102'% Jan 12% May ' class B ■_ —4—10c preferred * $5.50 prior preferred — 'i,— American Central Mfg—. .1 American Cities.-Power & Light— ^Convertible class A..,.—_25 Class B Apr 4% , Atlantic Feb 12 19% Mar Mar 12 75 Va 1% c May 89% 86 $3 . V Feb Common i 3% May ;, Jan 18 20 19 19 19 ,Co——-100 A : Range Sale Price 'j Feb . Board Co common—_1 American Capital class A common—10c Class Jun 98 Box American ; 1% 74% „ % May American Beverage common—j American J an % i—:—-100 -1 —... Apr 10 2% common preferred, 20% U 89% • 6% preferred ; —100 •Aluminum Goods Mfg * * Aluminum Industries common——* Aluminium Ltd -common —* Aluminum Co > May 98 i—.—10 25 *, common conv Bros common.- Jan ■ 73% 1% $3 conv pfd (Mich)." Products 1 Class Altorfer 1% 20 /; ': * * ——* —1 Investment Allied Intl Investing Allied :— :.-.••••/_ —3 Alles & Fisher Inc common Jan : not sale for Week Last Feb 1% Vi May 400 1% — —— 5% Mar 3^2 Mar ^ — Atlanta 8% Jun Jan 100% Sales Week's Friday Curb Exchange Ended June 26 York • Birm & Coast RR Co pfd—100 Gas Light 6% preferred 100 Coast Fisheries— — 1 Atlanta 5% Mar Jan : 1% 102% 99 year. Associated Tel & Tel class A Mar 20 Jun 4 % 101 3 week beginning on of the Curb Exchange itself, and is in¬ * Feb 22% Mar 4 — 26 99% 99% week, and when selling outside the regular weekly range are shown < *; ./ ■ ,, - High ' , 4% —50 Co $7 preferred——• preferred-: Alliance Low High 102% 102 102 Accrued interest payable at the exchange rate of < 18% May — 12% RECORD Week Range Since January 1 Shares - Electric Appliance—— Great Southern -Air-Way - .Jl common.i. Convertible for Week 20 1 5 1 50c 2 10 12% ♦12 - transactions on the New York Curb Exchange for the New 1 •; B—_ Associates Range ' 108% 105 EXCHANGE - 10 common. Ainsworth Mfg common Air Sales Low ' Par Week's of Prices 108% 110 2 tThe price represented is the dollar quotation per §Negotiability impaired by maturity.- Friday (June 26, 1942). It is compiled entirely from the daily reports whether stock or bond, in which any dealings haveo ccurred during the current Friday % Last Sale Price 34 9 13 in the year's range, d Ex-interest, e Odd-lot sale Under-the-rule sale not included in the year's range, r Cash n STOCKS STOCKS 32 *106% 107 M-S M-N and ending the present include every security, tended to 30 109% 109'A 50% 45% 35 9 451 JCompanies reported as being in bankruptcy, receivership, or reorganized the Bankruptcy Act, or securities assumed by such companies. "Friday's bid and asked price. No sales transacted during current week. A Bonds selling flat. . • disregarded in the week's range unless they are the only transactions of the No account is taken of such sales in computing the range for the year. list we extensive following the In 33% 30% 37% sale not included delivery YEARLY AND WEEKLY Saturday June 20 30 114 114 *37 4 included in the year's range.- NEW YORK CURB NOTICE-—Cash and deferred delivery sales are a footnote in the week in which they occur. 184 38 . ——.1948 1960 the year's range, in pound unit of bonds. 100% 101% 22 101% 101% Tube— f 3%s series D_. Deferred a included 104% 80 in 41% 111% 102 26 78 39% 38 w 1st mtge s 26% 82 100% 103 Va J-J Youngstown Sheet & Conv deb 4s 107% 110 108% 108% 85% 4%s JAWor & Conn East 1st 95 104% 106% 10 ' 41 A-O J-J ':A 90% 23 24 104% 105% 12114 n08 M-S M-N 1951 40 111% 114 — "119 M-N J-D 1951 31 69% 37% 86 <•103% 105% F-A F-A J-D J-D M-S J-J A-O • \ ? <•32 <•80 F-A " 1968 1971 1 105% 32 3%s Wisconsin Public Service 3'4s Wisconsin Elec Power 105% 47% 102% 104 1023s 102% 105 AT-N § ASu & Du div & term 1st 4s—_1936 ACertificates of deposit— 50 37% 1 93 92 93 High 37% 12 104 111% 111% deposit of Certificates A 101 99 ■ Low 115 ' 38% 1 January No. 40% 37 % 104 M-S 3% deb Conv 39 45 25 % 86 Registered — 1950 2%s 25 Va 105 M-S 5s__ 24% 101 M-S 5s Westingliouse El & Mfg 26% 24% 22% 105 1946 Teleg gold 4'/2s Union Western J-J A-O J-J J-J 28 22% 3 100 A—1946 . —1955 ——.1947 Winston-Salem S B 1st 4s 1960 fAWisconsin Central 1st 4s_, 1949 24 4 J-J A-O gold 4s gen f A Western Pacific 1st 5s ser J-D M-S 16 <•100 1977 1943 series A—.i-- ref 5%s & 27% 25% 25% 24'A M-S -Washington Central Ry 1st 4s 1948 Washington Term 1st gtd 3%s__—1945 1st 40-year guaranteed 4s——, .1945 Westchester Ltg 5s stpd gtd ,—1950 Gen mtge 3%s — 1967 West Penn Power 1st 5s E 1963 1st mtge 3'/as series I———1966 Western Maryland 1st 4s 1952 1st 24 124% 86% A-O M-.S gold 3%S—2000 1st ref gtd RR 38% 24% ' 37% 40% J-J 24% A-O receipts.;—.————> Deposit Warren J-J "25% 25% A-O —i-A _ 1st 4s guaranteed—2361 ...2361 West Va Pulp & Paper 3s —1954 Wheeling & Lake Erie RR 4s——.1949 Wheeling Steel 1st 3%s series B—1966 24% , , West Shore 28% 24% A-O —1955 Warner Bros Plot 6s debs 1948 fSAWarren Bros Co deb 6s— 1941 debentures 6s 28 23% 25% ACtfs of deposit ARef & gen 24 30 26% F-A —1976 ARef gen 5s series B— 12 30 2614 26% Range Since Sold High High 25V4 (assented)—— ACtfs of deposit 25% 26 % AT-S A—-1975 $ A Wabash Ry ref & gen 5 VaS Low No. Bonds Sale Price Bid & Asked L010 High Low Week 1 January Sold Bid & Asked Sale Price Last Interest Period Stock Exchange Ended June 26 New York Range Since Bonds Friday's Week's Range or Friday's Friday BONDS Week's Range Friday J Interest " Period BONDS • 76 Mar 13 Jan ■ 7% May 87% 13 Jan Jan Class 3% i'o 1,200 300 Jan 1/64 Jan 3% May 32 Jan ■h Feb % Jan % May % Feb Va Feb ——.. Oil Co.... — British American Tobacco— Am dep rects ord bearer.... Am dep rets ord reg—..—_ dep rets ord British Col Power Brown Class $6 9% .£1 .£1 6% 9% 50 8% Jun 9% Jun 6% 6% 200 6% Jun 8 Jan Fence & A Forman _* Wire common. preferred—21 % Mar -10s reg— class A Distillers— preferred. —_— Brown 10 Celanese Ltd— British Am 2% Mar A American British IIIl III—— 1 Jun Jan 1% 1% 300 "1% Feb 10% 10% 100 7% Jan 10% Jun Jun 2% Jan ' + 1 r2 2 2 600 1% 46 May 53 Feb 2438 THE COMMERCIAL & FINANCIAL CHRONICLE Monday, June 29, 1942 NEW YORK CURB EXCHANGE STOCKS New York Week Curb June Range (EL) Bruck Silk Mills Ltd.. Buckeye Low % 11'/a ' " ,v* V ' ' Bunker Hill Inc Burco * * 11% Jan 4% $6 Apr Oil Friday Exchange June 40 40 100 35% Jan 40% May 10% 10Va 11% 1,500 9% Apr 15% * 78 % 78 Vb 83% 500 67 % Mar 91% Low 8% 9 900 - ; 12% Mar Jan 7 Feb 13 % Mar % —12 %c % % common.—.—. Io%:>:Io%'IIy8 % Jan 200 Petroleum ',: 5% & Jan Callite Tungsten Cement 6%% ■ £1 Detroit 10 1% ; —1 Corp Co 1% ~3% 2% Apr % Mar 200 1 Feb 6% q preferred • . 1 % 1% 1% :■ 400 1% Jan: 2 100 _ ..35 77% Jun 77% 7% 25 15% Jan Industrial Class A 20% without 2% Jan 2% 2% 1% preferred—— —100* 121 Canadian Marconi———_——1 Capital Products City Carman Co & Carnation — class A Co % common Carter (J W) Casco Products Castle Co (A M) , 8% common 40 40% 99 5 V* 5% 700 1 . - • : 35% May ~5% "5%. ; Bridge Co Ltd.:.—..— Steel 6 _ of Corp America Hudson Central Central Maine Central Central Gas Ohio Elec & Power 1% York New 1 2% 200 103% 5% Products 74 77 210 7 Power & South & A'rcraft Cessna Chamberlin Light 7% West 6% Eagle 5% pfd—100 Apr 3y8 Co.. Metal Weather Jun 7% 6% i 85 107 Feb preferred Mining $6 Apr 3% 6% May Jan 10% 83 x4V4 Feb preferred B — 800 2 200 27 Apr A % May 38% 38 2% • * Service $6 & L P $7 preferred preferred— 31 City Auto City 55 Apr 4Va Apr 52 Clark Controller Claude Neon Clayton Co.. & Lambert Cleveland 1 Lights Inc Mfg Electric Coal Apr 82% Apr 82% 4 ',300 47/8 —100 Cockshutt Cohn Utensil Plow Co Co. 7 - 25% 100 5% 500 100 3V4 Colon Colorado Fuel & Iron Colt's Patent Fire 1 — warrants v 3 2% 3 Columbia Commonwealth Distribution.— Community Southern Public Community Service Service. 1 V t c extended to 1946.. Mar May Jun 72% 34 13 Mar 77^7; A . $3 & Coke Secur common 7 % —— ' Conn Telephone & ■ Electric Biscuit Co G E L P Bait 4% % 4% series B Corp preferred Gas Consolidated 8% Utilities Retail Consolidated Royalty Consolidated Steel A v'/ 20 100% 101 1% 28% 1 * I ■ 1 32 Jan 2 Jun 106 Vx Apr 96% Mar 300 IVa 150 25 % Power 3 IOO > 1% 1% 300 3% * • 3% 100 ' prior preferred——. Oil of Continental Roll Cook Paint & ! 3 Copper Range $6 Si 5% 120 10% 1,000 8%- 100 6% 7% 200 ~4% *4% 300 ; Am 7 Ford common 1 preferred "-10 50 % 1 American Creole dep Wheeler Cent ___1 Crown Crown Drug Co 7% common convertible For footnotes preferred... see page 5 • 25c 2442. ..25 rets ord Motor ft 7% ~T% Apr 9 28 Jan 5% so, May 81 Mar 126 voting—., Jan Jun . 85 Mar 128 Jun 1,250 82 Apr 135 Jun 750 . 89 Apr 141 Jun' Apr 20% Jan Jan h 800 & 125 13% 5% Jan Apr < Jun 2% 100 ,; 2 May 19 Jan -2% A Jan 16 Vb .; Apr 2% 22 Jan Apr Apr 3% Jun 7% 9% Jan 7%' 400 7% Jun 1% 1% 700 1 Vs Jun 2% Fox Franklin .6% 100 6% Mar ■7:7% Jan 6% 200 5% Mar 7% Jan 4 l5 4% 300 4 5 Jan ;!!KV * 50 a so , 51% . so; 1% - 20 v Jun 1% 44% May 225 2,300 8i, 1% 69 64% 103 Apr V/b Jan Jan Feb 2 Va Jan 14% Jun 11 Jan 14% Jun 8 * ...— Co • Q Brewing Co.!—.!——^.5 (Peter) Conv Jan Jun May 10% Jun 16 Distilling.——__.1 Grain $3 common.—.1 -8% participating preferred—15 Co—— stock conv 4% 7 Malt & 1% 19 25 400 1% 200 Q 8% 15 Va 1 Jun Feb 17 Mar' Jan 1% 50 8 V» Mar 10 Va 100 19 "18% May Jun Jan 20% Jan 8 Mar 10 Jan 25 Mar 30 Feb 40 Mar 44% Jan Jan 97% Jun —1 ——* convertible ? 16% :~r 43 43 25 preferred—!—100 Jun Gamewell 5% 102 Co Gatineau $6 convertible pfd Co Power Jan Gellman Feb General 30% - 97% 97% 20 88 60% 60% 60% 50 52% May * common preferred......— 1% 3% —100 Jun 3'% Mar Jan" 88 Gen Mfg Co common.....—_—1 Alloys Co—:——— 7% Jan 12% Apr 7% Jan 8% Jun 8% Mar $6 Feb % 4% May 60% Jun Jan 14 Jan A May * % Jan Electric Co Ltd— reg—.— _£1 Fireproofing common..;. Gas & Elec $6 12% "' preferred B. preferred—.!—: 12% 100 12% Feb 15% Jan 59% Mar 102% Jan % Feb * Vb ..III common : »«• 58 -- Jun 70 Feb Mar Jan General 34 Jan Jan 67% May % Jun Feb 5% Vb ' Jun Jan Jan 1 Feb Public' Service^$6 Rayon Mar Co A 6% pfd^y—!l00 55% ,55% •.*. rv. preferred!^*stock.—__—._*, 20 55 — v. Jun % Jun • General -Shareholdings Corp ~com_!!—l v - ;f-! preferred.!!!.!!—' t'.-<*39% General Tire & Rubbers.6%^pfd A..100 ■ V~$6 Gen $3 convertible Water-Gas* & Electric common!!!l 90 -,9.6% , w . 26 r26 93 preferred— 93 25 A ,v;. Jan Jan 101.. Jun, . 24% Mar ,. Apr % 53 Va Jan -3.V2 Jan , 27% Mar .,' 35% Apr V4 jr .A May - .„ ^ ti39% ,41 69 Apr t.,20% ; ••••;. .7, Jan . Jan 34% Jan Jan 82 Outdoor Adv General General 4% 1% Jan 16 Vt Jan 2% May 200 11% Apr 16 Vx Georgia Power $6-preferred_!—!——.* $5 preferred.....—„——————* Gilbert (A C) common.'!...."!* Preferred 4Vs Jun 5% Feb % 11,700 -3- Jan % Mar 1 Va May •T% May 1% Jun 2Va Jan 4% Jan 6 % L-Z- ' '25 86% , 42%. 3 Va Co.!....!— 42% * 10 3% 100 ll'/a 1,500 103 Apr 80 • ! Gladding McBean & Co—!. I. May ,4 May -Apr 41 Jan 81V* , 5 Apr Jan 42%. Jun 3 Va Jun 4 Vb 12% Jan * Jan 1,100 T% 200 x% 18 Apr Jan ,• Jan 6% 6'/$ Fort Worth Stock Yards.—— Feb Jan Jan 7 Jan 10 B Apr 6Va May % Jan 21 -j-'- Feb Feb 81 *840 V 14 2% .£1 reg Class 4% - Jan Jan General Investment 60 . Jan A Canada-— of 5% • Petrol (Md)__ Cork International A — % 6% 'i 4Vs May non-voting 14% 4% 126 13% .1 Light ,$7 preferred. Jun 2 14 • Brewing Co Crowley Milner & Co Crown dep Gilchrist 5 Electric Croft 4% ; (Phila)!__—•_!!_. 10 & 3% 12% May receipts (ord reg)_.£1 Petroleum. Crocker Power Gen 1,400 Courtaulds Ltd— Jan Warehouse—... 25 & A 114% A Jan 71% 13% 7% 1% Jan % 71% " A ' 1 1% Jan 1 —• ... 10c .1 1% 31 4% May;; 1% 2% Mar 5 Engine & Airplane.!.!—.1 .1 Class ' 8% Jan 1 18% Aviation... Compress General ——_5c Reynolds Petroleum 63% 10 10 - • Mines convertible 63% _• ; _• preferred A Cosden • Co Cornucopia Gold Corroon 1 . common prior preference *■ 63% __5 Brewing.i.i.!..!—— Association Jun Mar 1 Steel & Varnish— Cooper-Bessemer $3 —100 Mexico Jan Apr 40 stock Equipment— Corp common..—— convertible preferred—.—— Fairchild - 7% Continental & Amer dep rets ord !—10 Oil. Corp.. participating Derrick Falrchild ■ ' 11 57 141 Jan 1 Va Mar Jan v %'2% Apr 60'/a 26 132 53% Jan 30 3 Jan 1 39% Mar 60 1% Jan Apr 1,500 139% Falstaff 9 % Mar 100 ' ' Gas & Electric Co— Continental 109% 109% 1 ... - 800 1,300 52 5 Stores.. i 1% 53% % 100 . preferred... 1% 52% 100 .Mining & Smelt Ltd Consolidated 1% 1 * v 200 5% . preferred..!..J—.^100 Jan Vb 18 Jun _—1 — common preferred series C Consolidated - 3/128 Mar ; 7 Jan Jan, 17 — 7.-— Consolidated 4% yV'4% 128 Jan 1% May * * % 17 Jun 10% May % Apr . 900 : 135 Fuller (Geo A) 1 preferred Consol 3% May 2 Va Jan Apr 32 Gas Conn 2% .. 123 Fire 1/256 Mar % Jan ; 150 22% Mar Jun ; 2 1,900 126 Froedtert Water ■"< 117 Florida Jun Compo Shoe Machinery— 43 124 Apr Apr 14% 300 4% "-5 Va • —100 Jan % Jan; Jan 38 4,600 - 41 42 - 100 preferred—— Vb 18% ■ 14 T% 39 •"4% Electric 7% ,500 Jani Jan 1 33 ; May 5/64 Apr Federal \k 1 1 38% 2% Jan: 150 Jan 1% Jan • : Jan % —25 1% Light 2d pfd A... 3% 19% warrants &' 1. 18% 1 — & Jan Apr 4% Mar Jan 1 19% 200 8% 52% Mar 54 25 preferred-100 Commonwealth 5 2 — Arms Gas & Elec 5 % Oil & Gas—— 19 Ford Motor Co Ltd—'; __ Columbia 150 -:I*2% ^"2 % , % Mar : 300 7% Jun Apr 11 -'38% 6% May ■; Feb 1 7 Mar « . Jan 77; Airlines.— 41 11 common... —5 Esquire -Inc.—————■ .1 Eureka Pipe Line common.^... 50 Eversharp Inc common.!!———1 6V2 % Mar - Colonial Share Metallurgical Fedders Mfg Co...—.. 3% 7 & Feb' 2% 7 % Mayi . 450 16% Fansteel • common— Feb 1,200 ! 20% - 131 $3 7: Rosenberger Inc —_1• Development ordinary 70 Jan Jan Jan; Feb 35 Apr 4% Mar 4% ■ Mar % 7 23% ' Aluminum 15 Apr 5 7 Mar 5% * 5% ' Club Jun .7 . 6% Mar Va 4% : • : Apr 13% . 25% 25% Jun 6V4 'i ,«« .-* Corp.. 3% 7 50 • % A ; 6% May 300, 1 47% 20% • Equity Jan 13%. 7% - r-•«.. preferred!:—-l.w--ii.lOO Empire Jan 13% •>, v- 700 " 8 % Jan 40 4 Illuminating Cleveland Tractor common— Clinchfield 50 3% 13% 6% ^45; Tfd Jan 110 1 2'/a Jail 130.7 , & Power 6 % % Feb 81 I-;'1 Mar. ..*.. Machine vB_— Empire Gas & Fuel Co 6% pfd Feb 80 "4 * Jan 25 Va Option", warrants..; Feb 3 Va 78% —10 . 67 200 " 45 Mfg-_-.i—.4 Empire District Electric 6% pfd_^__100 Jan 14 78% , * ! Stamping— & Suburban Homes 81 * — T%'/: 1% .% ' " % 1 preferred—- Emsco Cities Jun 20% Mar •1% Feb series A..—i———* Bond Emerson Jan v Jan 2% 2 Va ; • $6 preferred BB 6 A Mar 8 2% 53 62% May Electrographic' Corp.———___1 Elgin National Watch Co_> .15 Jun 1 Jun 20 Iron—-25 $6 ;, Jan 57% 100 Apr 7% Jan Apr Apr 10 19 - Feb 50 23% 6% preferred...^.... Electric Jun 4% Jan IOVa preferred 60c 7 47 ■ Jan i. $5 Jan 4 common 4% Apr -4% 800 •% series Washing Electric : 7 13. ,;.2% Mar 5 Childs Co preferred— *: 10% Mar 5 Vb Jan Jun Feb Corp.. $6 preferred . % Jun 3% May 10 Va Mar ■; 50 400 !: 53 53 Lead.i.i—.....10 Malleable $7 Jan 5 Chicago Rivet & Mach 6% 23% preferred.._i____._.—j.'i.—_100 Easy Jan - May 8 25 -■.-■V: Jan 25 • " '6% .. prior preferred....^——;100 States Jun 8 200 *4% ~4Va —10 Chesebrough Mfg„— Chicago Flexible Shaft Co Cities Service *8 . I common Eastern Jan 95% 85 Va 25 Strip Co__5 Corp common—: Cherry-Burrell common.— Consolidated $8 _1 ———— Charis Chief 92% ■ Gas & Fuel Assoc oommon.ltii--* 4%% Jan A 92% 10% 19 "6% 53 Sulphur Picher East Jan Jan Jan Utilities——50c 'Jan -13% Jan .» Economy Grocery Stores..—. Central Central 1 2 Feb Jun ■Si'"-. 5% Mar , 72% May -1 n Jan Feb Apr 90 74 pfd—100 Jan/ 18% Mar % May : • 3% El..i———.25 Coal Apr 2% May * com 5% s 3Va Jan Mar* 4% preferred-100 Power Steel 2 % Io%; Corp....^.. Eastern Catalin Jan Jan 111% 10 common— & 42 * Apr 4% 100 8 ; common.—__1.1 Duval Texas Apr 90 5 - Feb 10% common..—— Truck commons^-——U'xl 20 Jan 12 300 - Feb 7 • IhV/x Duke Power C0100 Durham Hosieryi clasfe B "common^—* Va Jan ,5 1 .„ — 40 . 49% !' Shoe Duro Test Corp ! ^ 40 Jun 17%. May Driver Harris Co———„.__10 Dubilier Condenser Corp.—...".1—r—1 May Mar ."..'IVa common.J——-10 Feb A Mar 50 xl9 % May _*• common-. Corp 9 * Carolina Power & Light $7 preferred—* $6 preferred— —• Carrier 700 ft v 9 * ■ 121 May May, Apr .... Co Draper Canadian Industries Ltd— 2% Mar 105 '39% Foundry.—_——l Dominion Feb 3% Jan ";% Jun 2Va Mar Jun 51 Va Mar warrants...20 Dominion —• 23 Jan t Jun' preferred.i.i'.ii—__J^1___10 Diamond Jun Alcohol— voting——• non f39»/a 41.'- Mfg;._..i.^———1 Divco-Twin voting— Class B -M':,100; Feb.; 9% Jan 105 Jan.{ ;T4 , Jan 1 400 . I'eb .,7 ' Jan 37 vyTl% "l% Stove Co common.—.—1 Products..: ..^.10 De Vilbiss Co Jun .Feb 2% "1% * DobeckmUn Canadian Jun 1% May 6% / May 18% —'..J 39 % f & Gray Iron Mich Steel < . 1% ..I 6% Jan .100 preferred Detroit Apr; .5 14 U.. -i.1 Gasket Detroit Foundry Ltd— 7. Ty'o participating preferred— Canadian Dredging & Dock Jan Feb 150 ; % May Ltd.— Canadian Car & Apr Mar v13% May ,v . Derby Oil & Refining Corp com-— A convertible preferred.—..—.. ' A Jan ; 200 ,t. "III ;^^r8%t^v8%',s-9% debenture Detroit Canada % Jun 1 Va 6% . Mfg class A common..— ...5 $6 prior preferred——— ..50 y 8'Zo -20 Power--— High 8 Jun :iy8 common——.... -.5 Class A convertible...: «•'* - ! - preferred shares Electric California 4*.. 50c Sugar Estate .,,10% ♦ Dennison dep 5VxVo 500 Lighting Inc,,common__—; .~2~50 Mfg Co (Mo)——— —5 Darby v Am Low Va Mar ; 4 Va Jan „. Sugar.——.1.. —5 Davenport HosieryMills—. Dayton Rubber MfgJ-___ Feb % Jan - Cable Electric Products common——50c.,., Calamba Range Since January 1 High 12% Curtis Curtis 2.50 certificates Shares '—10 Dejay Stores trust for Week . Jan 8% Mar Sales Range of Prices - * Refining common...; Tobacco Jan Corp Am dep rets— Voting " Sale Price Atlantic Cuban — Cables & Wireless Ltd— Week's Last 26 preferred— Cuban ' 50 Burry Biscuit Corp— Curb Ended Par Crystal 12% Mar 4% Apr preferred $3 % Mar ■, Sullivan—..— & 100 York Week High Va Jan 500 25 Niagara Si East Power-r- preferred 1st preferred Burma Low iV 11'/a .—!—* $1.60 $5 STOCKS New Range Since January 1 High .1 Line.— Pipe Buffalo Shares —5 common..— Co common ' for Week of Prices Sale Price 26 Par Rubber Co Brown Bruce Sales Last Exchange Ended Week's Friday Jan Glen Alden Coal 11 —— Godchaux Sugars class A——— Class $7 ——... — preferred—. Goldfield Gorham $3 B Consolidated Inc *-10% ;28 ,28 50 10% Jan 28 Apr 32 6 Jun 9 -Jun 100 94 Mines A class A preferred % 1 23 Apr Feb Jan 3^ Mar Jan Jan Feb Jan 1% 28 Jan Mar . THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Volume 155 for Week of Prices Shares Friday f Low Paf Mfg common..--—.-.; 10 Grand Rapids Varnish —-_-.__l Gray Mfg Co _5 . Greater Great Apr 124 Feb 200 A 3% — 1% 1% V 26% Stores Products commdn..25c 26% Jan Lackawanna A RR Jan 500 1,900 24% Mar 20 103% 103% Class 109 High 5% Line May Feb 2 mm mm mm' mm 5% 200 Jan Jan 2% Mar 100 — 2% Jan 6% Apr Feb Feb 13% 5% May 13% Apr 2% Mar 1% Jan —25 ...I 1% Jan "9% "9% 100 9% Mar 10% Jan 4% mm 4% 2,100 3% May 5 • mm Jan 23 % Jun 400 5 Apr 13% Apr % Mar 16 11% May 14 mm 23% 6 6 15% / 15% 50 mm ' mm mm ' common.............—* ■ ' mm' ! Feb %• Feb A 100 mm 23% 6 —5 ' mm mm mm (Thos J) Inc 6% preferred—25 Lit Brothers 9 3 Jan mm mm 43% Mar Jun 100 • " 5% 4% Material Co Lipton 2% mm 1 * - preferred —- H May 5 100 mm Lehigh- Coal & Navigation— Leonard Oil Development Le Tourneau (R G) Inc.. Feb 22 800 mm B. Convertible Jan 2% 100 7% 2% mm — — —1 Lefcourt Realty common..— Jan 2% May 22 —— 22% 2% Langendorf United Bakeries class A..* 34% Jan 108 Low 6% 6% 1 1 5 100 Lane Wells Co common 7% Mfcr 1% Jun Apr 92% Apr 22 100 (N J) Lakey Foundry 81 Machine Lamson Corp of Delaware Lane Bryant 1% preferred Jan 35% 91 $6 preferred Gypsum Lime & Alabastine—'—— Jan Jan Range Since January 1 High L 134% Jun 5% May % Feb VA 27 83 Jun 27 —— Low 4% Mar May 133% 133% 133% Shares Jan Lake Shore Mines Ltd Gulf Oil Corp———— -—25 Gulf States Utilities $5.50 pfd—* , 2 58 25 70 ——.25 Paper.—. Greenfield Tap & Die Grocery 400 200 2% 2% 68% York Brewery———1 New Northern 29 3% Jan stock——* 100 Non-voting common 7 % 1st preferred— for Week Par High Jun 21 Pacific Tea^— Atlantic & Great Low 200 21% Sales Range Of Prices Friday New York Cuitb Exchange Week Ended June 26 Range Since January 1 High 21 2i Gorham Week's Last Sale Frice STOCKS Sales Range Sale Friee . Curb Exchange Ended, June 26 Week Week's Last STOCKS New York •. 2439 27% 6% Jan Feb Jan ■% Feb ' Hall Lamp Co-—-—— -5 Paper——10 Hartford Electric Light—25 . Hartford Rayon voting trust ctfs Brewing Co.. ...! Harvard '• ( ; \ 17 17 .1 —1 Hecla — Feb May 46 Jan % Jan 12 Feb 1% Apr j 2% May 14% May 3% Rubenstein Jun 20% 2 % Jan Louisiana 29% Jun 1,500 Jan Ludwin Co common.... 6% Preferred "'■"W— ' Hoe 5% 200 20 50 4% 69% 69 150 69% Apr —1 ■ — 4% Horinel (Geo A) Horn 13 — Horn & Horn & Baking— Hussmann * — I' mm — \ 15 Apr 24% Feb 50 14 Apr 23% Feb 1st 7% Corp 3% 3% 300 —; , . May 102 Mar 12 Apr Jan 23 Mar Jan ■ .. 20 —5 common—— —. — ■ . 20 50 16Ya ; .. M Feb optional warrants Manati Sugar 88% Jan 1% % — ... % 1 Mangel Stores.——— $5 convertible preferred Jun 17% Jun 4% Jan 3% Apr 93 10 — 100 —100 Jan % 1,100 ;. — Jan 1 Jun 2 % 1% Mar — Jun * Consolidated Mfg Co———* 5% Mar International Marconi 7% Jan munication Marine 14 Jan Jan 12 Jan Feb 27% Mar — 30% , 1 mm Steam Shovel- 23% 23 -100 125 23% -1 Jun 2% .... mm mm a'a Jun 112 Apr McWilliams Mar 15 Jan Mead Johnson 58% Jan Memphis Natural Gas common 5% Jan Mercantile Jan Dredging mm' "'mm 7% —* mm ' 3 , Ligonier Co..——• 46% Mar 1,700 300 3% \ —1 preferred————1 Hydro-Electric Securities— * Hygrade Food Products————5 Hygrade Sylvania—— —* 50 48% 3% 3 ^ '■ : -- 5 * 6 U 200 108 108 % Feb A 100 8% 15% y:-:" — "2% 2 Jan 2% Jan 100 15% Jan Jan " mm • mm mm mm mm mm ; • mm' ' • preferred———.* •v.; Feb 18 •' '■ mm.' 8% Mar Feb 126 2% May mm 'mm mm - mm 2% May 1% Mar • —' 2% 25 Jan 3% 21 Mar 3% Jan 29 May Jan Jun Feb Mar Feb Merritt "2% Apr, % Apr 90 ' Participating Feb Jan 100 — 5 Stores cpmjnon—_— Merchants & Manufacturers class A—1 Mar 4'% f-,;' — Jan ... ■ .. for 1st Jun Jan 3% Apr 6% mm 7% 7% ■ * & Co mm ' 48% 5 1% 10 2% May • „ —* Jun 13 Apr mm * Harris common. McCord Radiator & Mfg B 21% 27% Jan 10 2% May mm Jun 109% „ — mm .. "mm , Mass Utilities Association v t c— 2% Jan 27 Com¬ Margay Oil Corp—— Marlon 25% Apr mm —_.' Ltd—— Co Apr Massey * ——;—* Corp—— 2% Mar 1% May common—.—* 12 —— — — Huyler's common---—— c Co & 12 ■ — (Harvey) Inc.—— Fibre 25 15 ' Hardart- Hummel-Ross t 2,700 7 '.. —5 Humble Oil & Refining—u—.. .* V 6% ; * preferred— Hubbell 6% — 1-. & Co common— Hardart mm 16 . Co common——.—i—1 (A C) 57o common Inc.——-- Jan mm 16 Jun 11% 1 % Mar - .. Hollinger Consolidated G 'M—5 • Horder's % mm Jan Mapes Holophane Co Jan Jan 24 Apr 67% May ' __ 8% 15 • 2% Feb Apr Va May 5% 1,800 15 Exploration.—-—1 pfd——* & preferred— 1st pfd v t c 7% Lynch Jan 6% Land Baumann Conv Jan 10 Jun 10 •„ 10 10 3 % Mar ■ & Co class A————10 (R) 21 4% .5 Chemical— Products—.——! Heyden Hildock 400 6% 20 Henry Holt & Co participating A——* Hewitt Rubber common——. ■ 5% 25 —— 6% May 8% Apr ' v" 2 , ' 6% 16 Louisiana Power & Light $6 3% May mm 6% Jan 1% Mar 25 % Mar V _* A———L* Class Heller 6% ——* Long Island Lighting common.——.• 7% preferred class A ..100 6% preferred class B———.—.—100 Loudon Packing...— * Lone Star Gas Corp..... Conv Helena .mm- Jan 1% Jan 200 - 4% 4 19 250 1% 29,% 4 - Apr ' 200 15% 1% 28% 29% ' ■; Locke Steel Chain—.——.———5 4% May 15 600 .: '■r-: 15% 1% 5 ——50 25c preferred Mining Co 1% " . convertible 6 % ■*»— 1% Hat Corp of America B non-cot com__l Hazeltine Corp.. ;L+ Hearn Dept Stores common 3% —mm 200 ■ ■mm— 1% \.i ■r:..'? '- r ■_ . 17' 40 Hammermill 12% Apr , 18 A preferred Messabi Iron Co 6%% Feb — —... — mm m .1 % -- 4% 800 mm 4% 125 1 6% Jun % A Mar mm' 105 103 105 100 — 4% 4% * & Scott Chapman Warrants — 8,500 94 115 Jan ii Apr Jan Mar Jan 1% Feb 1% Jan 1% Apr ' Illinois 5% Power Co—— Iowa * 17% : Div arrear certificates———— Illinois Zinc Tobacco of Great Britain - - —; ■ ; 6% 7 - ••■■•:" 6% 7*;':/ — 7% 7% — 9% -1 Mar 2% Jan 9 May 13% Jan 2% Mar 400 1,100 200 1 9% 12 Jan 7% Jun 9 Jan 7% Mar 50 8% Apr Jan 4 86% Apr 107% 12 Apr 18 Apr* 18% __ shares.-.—.—'-* International Products—-—.— • l% ' • — Safety Razor B——.—* International Utility cjass A———*. 200 i% 700 1% B— 1% 2,200 2,200 9% 300 9 4% 4% 100 4 1/64 May 8% Mar preferred..————j ' ^ / $3.50 prior preferred— ——* Interstate Home Equipment——...1 Interstate Mills— Hosiery • „ A . « > Iron Fireman Mfg voting trust ctfs...* Jan 300 6% 3l2 6% 22% 7 50 3,800 v 10% 5 , ..'•" Apr 22% May 4% 15 Irving Air Chute———————1 Italian Superpower A———: * - 14% " '8 ~ — 13% " 8 14% 8 200 100 .—! Co Jeannette Glass Co—. —1 * Feb 33 J an Apr 10 Feb 28% Co 2% 2% 300 6% Mar 18 May 1 Jan Oil Piping 69% 69% 20 Co__ 10% 8 Jan " May 14% Jun 9% Mar 1% Jan Jan May 81 ~2% 100 Mining 'Monogram 114 114 10 ~5 "5 100 5% (D Emil) Co common.—. Kleinert (I B) Rubber Co.—. Klein 61 Apr 88 Jan Apr 95 Jan Knott Corp common.!;..^. Kobacker Stores Inc.., 111% Jan 6% Jun —1 common Society A—— /'Montana 10% 300 .10 Jan 4 Jan Feb 8 Feb 14 Jan May 41% Jan 1% Jan 7 Jan "5% 200 1% "1% 100 Apr 1% Jan' 14% May 2% May.' % May % May 39% 25 39% 32 Feb 44% Jan 67 May 82 Jan 90 4% Apr 100 Mar 4% 200 3% Apr Jan 6% Mar 4% 900 4 Apr 18% May % May 30 % Mar 5 4% 10O % 4% Mar 5% 1% Feb Feb 1 1% Apr 1% Mar 5% Apr 6 Mar 161 Feb Feb 17 Jan 15 % Mar 17% Jan A Jun % Feb 2% Jan 50 158% 158% •Montgomery Ward A__.__: * /Montreal Light Heat & Power..—* 152 15% —* Moody Investors partic pfd (Tom) Dist stamped— % A 1 Moore 200 Feb Mtge Bank of Col Am shs— -5c 1% 1% 1% 1,100 —10 common——* 4% 4% 4% 600 Mountain City Copper common Mountain ' Producers— Mountain States Power 8% 8% 300 9% * Muskegon Piston Ring——.——2% 9% 100 May 11% Feb Apr May 114% Jan 9% Feb 7 Apr Jun Feb 5 Jan 5% ———100 7% 68% Co common— preferred May 99 Mountain States Tel & Tel——.—100 6% 1% May 4 9 Murray Ohio Mfg Co 10 Jan 5% ■ 68% Apr Jun' N Jan Nachman-Springfilled 6% May „—.—— 116 Jan National Jan National Fuel Gas 53 Jan National Mfg & Stores common * National Pwr & Light $6 pfd unstpd—* Apr 39% JSn Jan 10 2 Feb Jun Jan 2 Jan 10% 1% Mar Feb Feb % Mar 12% Apr 8 Feb 3% Apr 10% 50 9 900 9 8% National Transit...——. National Tunnel & Mines..! 45 Feb 11 Jan May Apr 10% Jan 8% Apr 10 Vk Jan Jun 3 Jan 83 83% 900 68% Apr 95% Jau 82% 120 62% Apr 93 1% 200 1% Jun 5% Jan 2% May 7% Jan 21 % 1U Apr 24% Feb 1% 6 300 e 1,300 10 8%. .12,50 10 100 7% Mar 7% Mar 10 —, 14% Jan 81 83 Car Ltd—....... National Sugar Refining.^... National Tea 5% % preferred Jun 39 8 —1 National Refining common National Rubber Machinery National Steel 43 Jan A Feb Apr 18% 1% $6 preferred, stamped—.—..—* (Del)..:, ——* Feb 11 43 .50 Apr 11 ... May Container ; Jan 500 A -1 common convertible preferred 9 A 18% National Bellas Hess common.... —1 8 7% -1 A 2% Apr —10 Dakota Utilities— 5 • % 10 lA Mar Feb Jan % May x5% May ..1 Pictures Mar 4 1% Mar 10% 3 11% May 2.50 1 Kingston Products.^.-— 1 Kirby petroleum., .1 Kirkland Lake G M .Co Ltd.—,.—...1 2% Mar 25 —* 19 100 preferred D—i.——100 5% Mar 13% & 27% Mar Kings Cp Lighting 7% pfd B 8% Jun 50 ~5% 1 —— Corp—.— Monroe Loan $3 preferred—100 —5 Jun 75 Pwr & Light National City Lines ——T- Jan 6% 13% National Candy Co——i— Inc Jan 1% 26% National Breweries common.._T Ken-Rad Tube & Lamp A—j.——* 4% Jun Jan 1% K Kansas Gas & Elec 7% Apr % % Mar 13% .2% Apr Julian & Kokenge common——.* Kennedy's 3% 106% 26 * , Apr Feb Jan 8 —10 —... Supply & Mid-West Refineries Molybdenum Jan 68 preferred——1-——100 100 50 Monarch Machine Tool——... Jun A Apr 1 preferred...—i__———100 7% 6% ~2% * common -Mock Jud Voehringer common Jan 60 Jersey Central Pwr & Lt 5 % % pfd—100 6% common.— Abrasive— 28 Jan 200 — Mfg——— * 7% pfd 100 -Mississippi River Power 6% pfd—100 ; Missouri Public Service common.. _* 7% May -J 2% Jan % 100 ,j'„ '(Ft,) % 300 'Muskogee Jacobs, H % % —— Minnesota Jan 3% % ... -_ •••• 26 101% 4% mm 1,000 mm * ...—.....—10 Minnesota Jun % May % — mm A Mining Corp of Canada.—.——* 10% Jun Apr 7% 22% __ — preferred——•.-.*' Royalty...—i.—...—_1 A — Interstate Power $7 Investors Jan 2% May — , -, Jan 1/64 5 9% A '• $1.75 . —' Apr 13 ■ ^ A 3% c Corp Midwest Jan 4% • % t Midwest Jan Jan A Feb ————i.* ...... 2 Feb .. ''"'mm 3% Midvale Jan Apr International Class. 13 mm mm 1 v West Mid-West Jan 1% 10% ; 9% Mar 77% 4% 9% " 9% Registered i% 1/64 * Jan K ■ — __ — Apr mm mm. Midland. Steel Products— $2 non-cum dividend shares——* Apr A. Jan Feb 55 % 10% Mar ,K ■ 1% — - 950 .. • — 68% .. 5 Midland Oil Corp $2 conv preferred..» Class B Middle 10% Apr % Mar 7% x65% — Inc.——1 12 •: ... mm." Middle States Petroleum class A vtc.l Jan 10 14% — Cigar Machine——„* Paper Co warrants— Petroleum coupon shs__* i - — Corp—————.1 Micromatic Hone Jan 50 * International Metal Industries A——* International 6 130 12 • 14% x65% International Hydro Electric— 1 ' Preferred $3.50 series.———50 International Jun- 9% 92 , /--v/'V'/ of North America——10 Industries — — preferred—^-—-—-—100 International 7 Preferred Jan* Jan 93% • International 2% 5% 2% - 7% Jan Jan & Indianapolis P & L 5% % preferred. 100 Indiana Service 6% preferred——100 l'w preferred—--------——loo Insurance Co % 23% 150 Indiana Pipe Line.—^__—-__——7V2 Industrial Finance vtc common Apr 400 10 1 6% —_£1 Ireland 1% 9% A May 16% Michigan Sugar Co - Imperial 200 18 1% v Co—— Imperial Chemical Industries— } Am dep rets regis ——— £1 Imperial Oil (Can) coupon————-.* Registered ———————* Imperial Tobacco bf Canada ——5 100 & — convertible preferred———50 Textile Corp.... 25c Participating preferred—. —15 Metropolitan Edison $6 preferred——_* ^Michigan Bumper Corp— ... 1 Michigan Steel Tube.. 2.50 Metal ♦ Jan 9 2% May Jan It Jan 7% Mar' 10% May, 4% Jan Feb ' National Koppers Co 6% preferred... 100 Kresge Dept Stores— 4% convertible 1st preferred. .100 Kress (S H) special preferred.,.—10 Kreuger Brewing Coi. For footnotes see 81 2442. 97 Mar Navarro Oil Radio 50 50 10 50 Apr 52% Feb 12% Feb 13% Feb Apr 4 Jan Nelson ...... Co (Herman) 30c % preferred Corp. .100 ...—5 Neptune Meter class A Nestle Le Mur Co class A * % Mar! % Feb 9% % Jun 11 Mar Jun 113 Feb 100 ..* Nebraska Power 7% 2% page Jun Union 105 "2% "2% 100 2% Apr 6% May 1 Feb 2% Jan 8 Feb 1 Feb < 2440 THE COMMERCIAL & FINANCIAL CHRONICLE f Monday, June 29, 1942 NEW YORK CURB EXCHANGE STOCKS New York Curb Ended Week Sale Price 26 Par Clock Co Jersey Zinc New Mexico New Co N Y City N N Y N Apr 30% * 80 803% Apr 101% 85 11% 200 3 Apr 10% Mar 12 53 53 Vb Y 531/2 500 50 68% 1% 100 Apr 1% 3% Apr Feb 1% 1% Class A optional 99% optional warrants. Class A 1 • % 58 1% 5,700 58 • • 2% 25 ,2%- 87 87 ■-> 9 - 5 North American Class 6% B 1% Feb Republic North American 7% 86 Public Service 6% "Vb 58 150 Northern States class Power Corp A Ohio Brass Ohio Edison class Co $6 % Jun Rome 3% Feb Roosevelt % Apr 50 • 88 Apr 6% 70 ~4% Royal $3 102 Ryerson Oliver United Haynes 93/4 May Jan :5% Mar 15% Class Jun St Jan 1% 23/4 Jun 14 Jan Apr 17% 100 A Regis $2 110 Feb 112% Mar 112 Mills 91% Apr 110 98 Feb 98 30 5% May 14% 12 40 Apr May 50 1% (D 44 100 3 Jun A) 1 /—■ :■< 5% % 1st preferred. ——< Pacific 4 Power Pacific & Public $1.30 1st Light .7% Feb Service.. Seeman Segal iParamount Motors Co__i : 200 80% 80%- 10 4% 4 %-;-• 4,700 Corp.———1 preferred ; l3/a 1% Traffic Cent Penn Power Salt 1 common 7% 3. 3%— common % 7% ■ 7% 10 3/8 Co Penn Sugar Prop Penn Water Pepperell Perfect & Co—— * 85% 80 Corp Bros $6 - 25, — Phillips Packing Co.—— Securities Conv Governor Pierce Gold P'oneer 87% 46 3% 48%. 87% 88 550 150; 213/4 18% 18% 5% : 1 Meter 4 4 4% 5%. 36% *. Ltd. Postage Pitts Bess & L E RR 34% 20 8% 350 8% 100 1% 1% 2,600 5% 200 —50 Pittsburgh & Lake Erie—— —50 Metallurgical—— Plate 49% 47% 49% 220 67% Glass—,—— Valley Wine Co.. Inc 69% 800 1 common.—. Scale 7 % Potrero Power Sugar & common........... 5 Alexander..—... Inc Metals Jan Solar Jan Sonotone 175% Jan Jan Mar 96 Jan 22 % 23% 3/a 3% 31% Mar 8% May IVb 2%, 2% 3% 3% Feb 30 -'V 3/8 100 & 31% 39% 10 Jun 43 Jan 63% ,.12., , Jun 70 997/a 100 20 97 97 99% 450 41% 41% 44% jpuget Sound Pulp & Timber 1,175 * Pyle-National Co Pyrene pvrr-r1 5 ... Manufacturing —rr For common 10 ' footnotes ■- see page 2442. ■ Edison—..'7 y, 6 % 6 % 100 150 ■ Power class .25 — 152% ' V; ,60 130 .-. I Vb 1 1% 400 1% 1% 300 2% 2% 300 1% \l Jan 23/4 Jan Feb 19% Jan 1/4 Mar x"c 33 Pipe 8% preferred A A. Jan 4% May % Jan 4% Apr 77/a Feb 93/4 -fi- Jan >10 '..Nv. Jan • 7 17% . 2 r -4- Apr Mar 159% Jun 2 Apr;/;, May Feb Spalding (A G) Jan 1% Feb 71% Apr 2 Vb Jan Jan 2% Apr 100 174 200 27% Apr 35 Jan 25 Jan 27 Mar Jun 3y« Jan S" .. 37 38 60 30% Mar 42. Jan 277/a 27% 200 2434 Mar 28% Jan 25% 253/, 400 23% Mar 26% Jan % 25% % 100 % Feb 3/4 jun 5% Jun 6Va Jan 6 Jun 7% Mar 105 r*:-:/ : # 25 ; 25 25 May 1% May 23% May Bros— — 122 % 2% Jan Jan 6 Feb V/b Jan May Feb 273/4 Jan 10 / —7 Corp Standard Oil 1/64 Jan 1% Inc Brewing Co—. Standard Seal t .2.78 common— (Ohio)—5 Vo Power Common Apr Preferred pfd. & Light 1 Jan 18 Feb Products Standard Silver Steel Tube Co Lead class Feb 111 Mar Steel Co of Canada Mar 103 Feb B Sterchi Bros Stores Starrett & Co common Jan 50 12 Feb 1174 600 10 Feb 14% Jan 50 103 Apr 110% Feb 10% May 1,600 Jan 574 5 7/a 200 18% 18(4 100 6% 1st preferred 2d i38 46 Sterling Aluminum Products 1 Sterling Brewers Inc 1 Jan Apr Apr 23/4 May Jan Vb May 19% Jan 6Vb May 7e Jan 20 V2 2 Jan 8 20 preferred 4% Mar 13% 1% May 50 5 % May a'a Mar . * Feb A y8 May 12 1 Jan Jan Jan 2 11% * 52% 3% 14 Apr 11% JL 16% Jan V* Mar 11% (The) Corp voting trust ctfs__l (A) Jan % , Apr 1 5 Feb 108% 108 V* ll'/o .100 1 - Spring 2% Jun 1% * Standard Jun 1% May * — 1/64 Jan 974 1 class B 109 Feb Apr 2% 5 & 3 - Co 1st preferred— Apr 7 Jun 31% 2% Spanish & General Corp— Amer dep rets ord regis— Feb 8 % Mav r- 1% / Apr Apr Jun - .25 .25 —— Royalty 7 Jan Apr 6% Jun Jun 31 - Co——.10 Line...—-10 Convertible preferred —.—-10. Standard Dredging Corp common 1 $1.60 convertible preferred 20 Standard Oil (Ky) 10 3546 Jan 11% Jun 11 Vb 115 Jan st: Feb Jan 73% . Jan; 1% England Telephone..100 Standard Cap & 87 - Feb 110 5Vb 4 /*; 593/4 May - .. Phosphate Jan 96% 106 • - Feb 9% Apr -4% May 77'v: 25 —— Apr 8% May . 150 25 ... B , .7 % /2% May. '• Southern Union Gas Stein * . Apr V" 15% Apr ? 1% Jan .25 % Feb * j preferred— 10 __1 preferred series C— Standard 100 $5 prior preferred $6 900 7 1% ..10 Standard Jun L_ e common. Stahl-Meyer 3 Feb Feb 1 12 Jan 4% 100 ... 72 % 7 —5 Apr Jan Jan 45% 45 7 v4% May; 7/" 4% 72% - j preferred Standard 1st preferred — 'California original Southland Feb Jan 3 .* Apr pfd—. .100 8 32 1st preferred Puget Sound Power & Light— .£l: 8% 27/» Jun A Mar 174 Apr Vb 360 2% 114% 114% 72% ,/ -100 Apr 33 Jun V , Mar 9% Pipe Line—— preferred Southern Jan l3/4 Mar 200 33/4 , - ,7/ 8% May,:, Jun 500 "3 ' Jan 9% „ Jan- 38 200 f; — "3 50 Vb Feb Jan Apr Mar Mills... Colorado 3 * 7 % Pa New 3% , % 36 Jan A . 25 .100 Manufacturing Southern Jan Feb : , Jan "'' % ..1 Southern 500 1 Gas 38% . „1 Southern ^Public Service of Colorado— 6 Vo 5% .6% Jan 55% Jan 9% 7 % 2% Mar <7 ; —7,/y Corp Feb 100 4 500 2% Manufacturing Co. Jan 6% Mar Providence "38% Co 4% 1% Jun Jun -69 Jun 8% h. ""'/a ;y VB % regis Si Elec 1% 6% 5'% Apr Jan 18% Jun 38 ord Feb Jun 47 Mar 26 A Apr 200 Jan 112% Mar Jan 30 900 preferred—,— Paper Aircraft Southern Jan 2% 1 . (H) Southwest 2% Mar 16% 1 "Producers Corp of Nevada Prosperity Co class p ' .25 South Coast Corp common.:.. South Penn Oil— L_. Jun 43% May Jun Apr lit Jan 33% May Jan 4 Jan 500 * America... Apr May 3% Mar common of Jan 3% May 48% 81 Apr 12 common.., Spencer Shoe 5 Mining Prentice-Hall Pressed •' 21% May 3/4 Jan . Feb 16 1 7 —* — Pratt & Lambert Co.—— Gold Solar Jun ' y« I Vb 10 —25c Corp of Canada... Premier Feb Apr 76% 3% common. stock... rets Jan Jan & % Mar30 .1 Organ.;—..—— % • 2% May 7.50 common— "Polaris Mining Co Powdrell Apr 363% 9 25 .Pneumatic 125 37 10 Pittsburgh Skinner Smith Jan Feb 100 1,600 38% 7 * Hardware... /Sioux City Gas Feb Apr 300 , 5% 1% * Pittsburgh JPlough Jun 2% Mar; general.... Inc 7;,;. 33/4 19% May- 20 34 * pfd series AAA.. dep 30% 105 293% 4 200 Ill Inc & ; May 120 Apr 8% 21% — convertible 5 % Vc * Feb "8% Apr 10 preferred Simplicity Pattern common.— Singer Manufacturing Co.. Singer Manufacturing Co Ltd— 56 Apr 1% 10 19 200 - i3e Mar 3 1 , common.. Mines Pitney-Bowes Pleasant Jan 78% „* common....— $3 preferred series A Co $3 Apr &% Apr Mar 2% 46% Jun Feb A common.. Industries cum Silex Jan 3% , Jun ; —1 common 5% Soss Electric Power 5%. pfd—_.——25 Phoenix 5% Jan 70 V* 135-, 135 Feb 2V4 ■Hi ; :,y7' Sherwin-Williams of Canada.. % Mar 20 Pharis Tire & Rubber.;——; Phila 2% 44 Co Philadelphia Co 31 common.——__..20 Co—...———_—100 Circle . 6% Mar Apr i ,50 —— Power Mfg .Jan 26 82% % % Shawinigan Water & Power. Sherwin-Williams common.. 3% May 11% Jan Feb >—* com 100 />;.■ Seton Leather common.— Shattuck Denn Mining— 4% Jan May 800 • — 5% Apr 1% May -- . % 103/e Sentry Safety Control.-.. Serrick Corp class B__.._. Mar • 30 20,700 Jan 33/4 Mar • Apr Spring Brook Water Service— Lock Amer 3% & Mfg Mar % — Penn "l2 Feb 30% —1 . 107 Simmons-Boardman Publications— Light $7 preferred——* preferred. .* $6 87Feb 7—.—2% Elec class A & "3% —_—_;50c Co.——i— Airlines Gas Mar 4% May Pennsylvania Edison Co $5 series pfd_* $2.80 series preferred— —* Penn 72 24 25 Jan 53 ^ Feb Jun 500 v/ —— prior stock j. Allotment certificates..— —;* A Fuel— Feb Jan 15 8% May 1% Jun Jan 1 Jan 4% '2% - 1% __ —5 $5.50 Jan 98% 10 common.___.__* Pennroad Corp common....;..; Penn 27% Apr L3% May. 1—i__I_—.10 Telephone Penn-Mexican Penn Jan 227/8 Mar 11% ~4% ' $1.40 293/4 ; — Parkersburg Rig & Reel—..—! Patchogue-Plymouth Mills..— Peninsular 25% Apr Tubes.—;———. Parker " 80% —— Pantepec Oil of Venezuela Am shs. Pen 25% 24% 90 pfd—._100 preferred... Page-Hersey 25% 9%May 36% Mar ;/.v Jan 2% O Lighting $5 preferred- Pacific .25 500 9% •• - •. //A ..50 common....;; $6 preferred Scullin Steel Co Jan Convertible 29 * /-3% May ■ - 28 Apr 200 ''f* */ r 1 -1% - preferred ' Jan - Selected common————• JPacific Gas & Elec 6% 1st pfd—... _25 Jan >' 12% Mar ■ Jun 200 common Lace Securities 1% Jun Corp Electric Scranton Co Can - Jan 95 Apr • 2% 3% - Seiberling Rubber common. Selby Shoe Co—_____... Pacific 100 -2 iW" ;:!a Manufacturing Scranton Jan 111 3% -7% - 100 Co Scovill Feb 48 95 1% " 1%- —— Convertible Feb . 17 Apr 50 3% —r_ -100 - - common.. Schulte 6% Mar 40 Filters B_.——* 1 1 Overseas Securities——-.-—.;——1 %•• 100 Co Scranton 400 43 102% 94% - ,/ '//'• ,7.; j,: Oil Jan 102 -1% v"7 .20 pref_. Savoy Jun 100 14 2% 43% Schiff Feb 100 43' 7 2% common.—: United Feb 170 107% May it conv Paper Jan 112 7 112% 102 ■ 10% May 7% • common Jan % Jan y; >///;,,/7y;: St Lawrence Corp Sanford ——100 Omar Inc. & Jan 3/4 . j.* - .... Apr x6% - -« Jan 1 Jan Feb Jan 11% \ ; Jan 53/4 .r - ——i Petroleum 3*2 11% • ,% Mar 93 Jan Jan 1 ' Jan- 77 ' Apr 23/4 Jun 107 14% 51 % 18% Mar Apr -J/a Jan 70 85 * 100 200 Jan 108 1% Mar. 25 15 v Apr 1% 2% May 10 Apr , Jan Apr 2,400 ——50 J Feb •A Jan ,16% -■•5%' Jun % 3/4 5 Co... Consolidated Samson 15 prior preferred. conv Aeronautical 7 'fo preferred Salt Dome^Oil Co. 15 preferred————• $51/2 3/4 Typewriter Ryan May Apr 1,600 —_♦ Gas common 100 V- •A Russeks Fifth Ave.. 32 77/s ~4% 100 : 11 ~ —' t_____5 Co—.... Jan Jun common..—......—5 Oklahoma Natural Petroleum 17 51% May 70 10 2 1st preferred Oilstocks Ltd 11 500 __* $1.20 convertible preferred. Jan 3% 11 107 3% A - -9% » 100 Field Inc... 17% Jan 72% 70 2 preferred.——100 Ohio Power 4%% preferred.....—100 Ohio Public Service 7% 1st pfd.—.100 Pendleton Inc Cable Corp common...- Root Jan 87 Ohio Oil 6% Jun - . preferred.!—100 Roeser & Vo Mar Feb 3*2 May common——* B 3% ; —100 Jun 6% Jan - - 3% . V Apr .,: VV Jan 14% Apr , - 5* pfd C.^ Jan aa 40 46% May 1% Mar7 ■ 100 400 Goods.—- Rochester Gas & Elec 6% May ia Jan Jun 13% 200 % ...1. 6% preferred D Rochester Tel 6%% 3 V* May —.-4 preferred— 13% 1% ; Jan O Ogden Corp common..— 40 4 ——1 Radiator —1 Grande Valley Gas Co v t C.., .1 Ryan *4% 13% Richmond Rio 14% Jan 15% Mar —25 13% —50c- Jan 90 Jan Apr 8% •fe May 25 common^.SOc ' ...._* ... 2% f Jun v50Va — Dry 3,400 40 , A .i.* Manufacturing Co—^.1/- Stix 2 - ,.10 Novadel-Agene Rice y8 Mar 15% May .50 % 40 „ Engineering Aviation 5 % 300 59% % 100 Northern Pipe Line....;—— Jan Electric 5% May % Feb pfd.100 Pennsylvania RR—— 53 Apr 8% Oil—,—_—5 preferred North Rheem 1/128 Mar 2% Mar 200 —* Texas Feb & Jun Utility Securities..—* Central Nov Indiana Mar 69% •» 70 150 ' Apr , * Jun Jun Vs . Co 1 Vs 1,100 prior preferred————50 Northern Bit & Apr Apr May 10 Corp •' 56 8 3/a 10 7 ■ , —! Reiter Foster Oil • Rayon class A—* common—. Co Reliance 50 ' Light & Power common..1 preferred— —_—* $6 Roller Feb 100 North Amer ■,. Red Bank Oil Reed 27 400 —V — Manufacturing Jan Jan 7 r ' 30 .. 2% 8% Mines.. 25% 102 1/256 Mar, .100 High 139 $3 convertible preferred..^—— Apr r —— Electric..—— Jan Feb -■ Nineteen Hundred Corp B————.1 Noma Jan 91% Apr - • Niles-Bement-Pond Nipissing Rath Packing Co common— Railway & Light Securities Voting, common Railway & Utility Investment A Raymond Concrete Pile common Feb vlOO Jun -32 „;5 preferred 61% .—* — 6% ' 61% Low .100 Co 19 % IVb ; common: 61% Range Since January 1 High R Feb 9% May , 94 30 - warrants—— B Power Raytheon preferred.——. -——-.100 2d preferred———;./ —100 Niagara Share class B 18 Jan 16 99% 5 Class Low Radio-Keith-Orpheum option warrants.^ ; 1st 5% Jan 81 % May 74- -1 —■ " common preferred.'. Quebec - 4 f 6Vo Feb 2 3/4 .. Jun 7% - N Y Water Service 6% pfd 100 Niagara Hudson Power common;.—10 5 Vo Quaker Oats Jan 4% Apr 12 35.10 pfd.100 'New York Transit Co.: Shares Jan 27/a Mar 1% 10 - for Week *■' .—- —— Sales Range of Prices Jan <• * ———,-10 shares—— Week's Last 26 Par Jan • Rosario..— Y State Electric & Gas Friday Sale Price Exchange June Jan & Light 1% preferred—100 preferred :— -* Shipbuilding Corp— v ' L Founders ; 19% Power $6 N 250 24 :— warrants Curb Ended Jan 11 % • _1' —— Merchandise—— Y N Honduras & Y : Omnibus 1% 83 83 —. -—25 common York Week High Apr 24 * Co. Auction Low 3% !ioo 100 & Arizona Land— Process Y High :— —— N STOCKS New Range Since January 1 * New Idea Inc common New Shares Low "loo - Haven for Week • England Power Associates— 6% preferred $2 preferred — New England Tel & Tel New New Sales Range of Prices Friday Last Exchange June Week's Apr Apr % Mar 46 9Va 374 Apr Jan Jan 34 8 574 57b 200 Apr Apr 8 Apr Feb 6ys Jun Jan 1% Mar 474 35% Mar . Sales Range for Week Shares of Prices Sale Price 2G June Ended Week Week's Last Exchange Curb Sterling U' tt 1 Inc.. LOW High Low Par H 400 (J Stinnes (Hugo) (S) Co Sullivan Machinery Sun Oil. 11 Ve ~lVa. 12 Apr f s f s 39% 1% May 39 Va 50 39 Va 30'/a convertible 900 . 30 Va 26 Feb Amer Jan Amer Feb 7% 6s 7 101% 106% 103% 103% J-J 2 102% 109 8 Arkansas Pr 5s — "79% 7 104% 107% 126 1 124% 130 6 105 107% 76 38 47% "82% 82 J-J 1956/. A-0 ■ 1 v.- 106% 106% , 41% J-J 1948 M-S ,< 42 $8% 42 1953 * 4 2 105% 106 105% 126 2024 —— 4%s Elec Associated May ' & Lt 86% 106% 52 * ' < * J-J J-D 94 Ve 92% 92% M-S 2016 ; 6s__————1961 1970 Paper Elec Pow 31/4S Appalachian Pow deb 6s — Feb 11 Jan High 104 102 4 103% 104 103 7/a J-J # Writing Jan 35 / : deb Appalachian Apr 10% 100 " Lt & Pow Jan 45 Va Jun Loxo Jan 2V8 / : Range Since January 1 _ No. High 102% 103 J-J f debs— 9Va 8% Mar il 50 preferred— 25 Superior Oil Co • (Calif) Superior Port Cement class B com—_* Swan Finch Oil Corp_—— __15 5%% 9Va 500 11 IlVa -1 —, s 3%s Jan Bonds Sold Sale Price Bid & Asked Co.— debs———1950 debs——— 1960 1870 2%s 3VaS Jan Va Mar 13% Apr — . ' ' 8'/» — Ray Drug Co Sunray % Mar ™5 — Period 26 Low Gas & Electric American Jan 3 Va Jun common Corp—_— Stroock Last Interest Exchange June Ended Week High i' 1 Apr 2 * Co B) Stetson Curb York New Range Since January 1 Week's Range or Friday's Friday BONDS Friday STOCKS York New 2441 CHRONICLE THE COMMERCIAL & FINANCIAL Number 4085 Volume 155 9 82% - . V - V Gas & Elec deb' 4%s Co— § Associated AConv * Shovel Thew Tilo & Land Oil Texon Co Roofing Tishman 86 Tobacco Product. 100 "2% / "2% * 15% Jun 5 "A Feb Feb Va Jan Apr 2% 49 , Arner 4V2s_— Atlantic City Elec 3%s_— Avery & Sons (B. F.)— \5s without warrants Apr Convertible preferred 20 ' » Jun 95 Jan 85 80 107% 107% 64 Mar x103 Mar 111 Jan Va • Tonopah Mining of Nevada 1 Trans Lux 1 Inc— % Apr' Class Corp "3 preferred convertible 80c './i, 3 29 Canada Central Mar 35 Jan Aircraft 1% 1% 200 Jan 1% Feb 6 300 5% Mar 6'A Jan 1968 United United 3V2 Jun Apr Feb 7Va 2 Va 5»A Jun 7% 94 1/64 Jun ,'u Feb 9V» Feb 7 Jan % Jan 97V2 Apr 126% 94 ; 3*2 Jan • Va 10 Va 1/4 21 Profit Sharing—— United •* 10% Preferred < : U U Graphite S $5 S U S 59 43% 2% common-— May 3% 400 2,200 61/8 S 6% ..10 6'/a 1,100 IBoc United Stores common Wall Paper i« lVa 2 — 1% B— —;—. % Universal 1 Pictures Universal Products Co_. % Utah Power & Utah •m ——.. $5.50 3 % 25 Mar 29 Jan 14 2% 2Va 45 2Va ■: 2Va 500 41 125 45 .10c A / ■ ' 36 - —1 100 Ya 37 32 5 1 Petroleum.;—... Venezuelan : • Va 150 : 13 % 31/4 3% 800 3'/a Apr 41/4 '30 48V2 Jun 901/4 71/4 Mar 8Va 100 3% 3% 3% Mar 6 81 Western Coal & $6 preferred- Coke. 10 9 100 10 Grocer -1952 1/2 200 3V2 3% May 131/4 2 Jan Jun 95 20 Weyenberg Shoe Mfg Wichita River Oil Corp Oil-O-Matic Willson Products Wilson-Jones ser Heating 63 10 - Apr Mar 2% . 5s WclveNne _10 Portland Cement Woodley Petroleum Woolworth (F W) Ltd— American deposit receipts Wright Hargreaves Ltd: 15 Jan 19 Mar ' page 103% 103% 104 % 104 Va 103% 104 VA 58 % 2 91 100 9 94 Va 103% 3 99 100 1 77 86 $58% " 74% J-D J-D 99% 100 J-D 82 West 4s_—.——_—:_1950 88 26 100% —1948 5s__1943 82 V \ 89 Vs 41 ■ 53 90 108 % $108% 112 Va 90% 41 81% 1 87 % $86 J-J 85 Ve 82 89 % 41 89 Ve M-S 4s 79% 105% 164 Ve 88 91 100 100% A-O 103 91 87% 88 J-J 'i 47 102 V* 7 J-J 1978 108% 82% 67 81 43% 39 47 15% 14% 19 1948 Investors 5s —.—..1966 3V2s Hygrade Food 6s ser A———-Jan 1949 $109% J-D 3%s— —1967 1st 6s ser A————1953 1st & ref 5 Vas series B_— 1954 1st & ref 5s series C 1956 S f deb 5Vas May 1957 Lt . - 85 6 83 87 85 85 2 83% 86 109 A-0 Power 109% 111 85 85 A-O A-O Pwr & 15%, 15% M-N —-———Jan 1949 B series 6s 111 s^pd— 5s Hydro-Elec Indiana Service 5s lien & ref 5s— ——— 109 3 107% 110 VA A-O 102 102 102% 29 98% 106 Ve J-D 99 99 100% 5 93 Va 105% J-D 97 97 98 Va 51 90 104% M-S 94% 94 94% 12 88% 100 ' .1958 1950 J-J :—1950 A——1952 Indianapolis P & L 3%S ——1970 :,i75% A-O M-N 103% 100 101% 102 75% 75% M-N F-A §International series A6V2S A6%s 7 9 71 Va 75% 13 71% 13 79 75 113 113% 106 106 $9 106 Mar 12 Mar 5% Mar 80% 80% 118 12 105% 107% 1 1957 7s (Aug 1941 coupon) 1957 A 7s series F—1952 A 7s (July 1941 coupon) —1952 E series A 7s —. ' - - 1% W- 7% ' 7% * ' 100 — 200 , — — -- ' Feb 6V0 2442. — 7 :'r Interstate Power .1% • l7/a — — 4% 2 9% 12 Power & 1952 J-J 34%: —1958 6s_——1963 M-S 108 J-J $10% —— Light Superpower A Jacksonville Gas 4VaS (stamped) Jersey Cent Pow & Lt Kansas -1942 3V2S—^——1965 Electric Power 3%s Kansas Power 72% 33% Electric 6s & Light 3V2s 1966 2022 —1969 J-D 40% M-S 106% M-S 111% ' ^ ' 74 Ve 59 65 78% 35% 32 31% 39% 1 108 107% 108% 6% 12 Ve 12 Ve 40 40 Va 18 38 106 106% 6 105 107'A 106 108 120% 125^ 110 112M $107% 108 J-D J-J , ' 11% 11 5 > 72% 6s__ Debenture 10 Ve 5% 10 $9 J-J 11% 5 $9% F-A J-J 1957 5s $121 Ve 123 111% 111% 1 54 ^ 8 Va 6% Jun ~ Jan -- Lake Superior Dist Pow ,1966 A-0 2 Va Jan Louisiana Pow & Lt 5s————1957 J-D 109 12% Jan F-A 84 8% Apr Mar 104 Mar 3 Jun 4 Jan 4 Feb 300 1,800 3Ve 105% 106 V« $105% 108 7% Mar 4% Jan Apr 4% Jun 1% Mar .2% Jan 3VaS McCord Radiator & Mfg-— 6s stamped Mengel Co conv 4V2s Metropolitan Edison 4s E— * 1948 1947 1971 —1965 1945 Midland Valley RR 5s 1943 Milwaukee Gas Light 4%s———1967 4s series G Middle States Petrol 4%. 11 5% A Jan Jan 6% May 1% Jan 94 - . — J-D ' ■ 1% 57/a 57/e «— . ' -- 1 5s • Power Sec— C ———,1955 1 1941 coup) -1955 (Dec - . see 25 J-D Jaii Mar 12 ' — — 72 16% May — 10 ; 100 footnotes 96% 102% 100 $41% Jan 61% May • —- • 1 Wisbqnsin Power & Light 7%. pfd For C Jan 4Va 13 63 63 1 10 * Co_ Inc Co ' M-S Coal Kansas Gas & Williams *, 1965 Altalian 10 : & : $79 Jan Jan 20 Westmoreland Coal C) 104 Vs 105% ' 86Va 92% 123 Va J-J Feb 2'/a 2% .—1 pfd—100 Western Tablet & Stationery com _• (R $104% 105% •• 68% J-D Jan 3% May 86 II—5 Western Maryland Ry 7 % > 1st Williams M-S '• 80 Ve Mountain- Pow 3%-;-——-.--1963 'A May 1% • common Westmoreland Inc 122 ' 96% 102 6% May , lVa Mar 1 .1.25 — Feb Va May 1 —5 Mills Air Lines Inci 34 $122% 128 98 Iowa Western 44 80 Va 80 (Adolf) 4V2S ser A——1941 '* Feb 6 Wellington Oil Co I manufacturing—. West Va 82% 79 7 82 Va 3%s A Houston Lt & Pwr Mar Wentworth West Texas Utility 82 % 69 100% 102% 33 Jan Apr Co.——.—_ Knitting 100% 101% 93 Va 60 — M-S — Serv § A Guardian Jan 5 79 trust ctfs 3*2 Wayne 5% Jun ext..♦ —100 69% 33 F-A AIndianapolis Gas 5s Class B— Mining - 64 $62 125% 120 77 75% .. 104% 107% 99 Va 103 123% $121 . T < $96 1st Waitt & Bond class A Walker 3 Grocery Store Products—————1945 Guantanamo & West 6s——..—1958 Jan • Aircraft Co ~6 101% 103 Mtge Bank— Nor Power 5s Green W Wagner Baking voting 7% preferred 105 Va 106 M-S i ' • Indiana Waco 108 Ve 110 $108% 109% < Jan Manufacturing— 117% 122 — — 104% J-D Jan 48 Va 100% 3 102% *'■. 76% 96% 96 Va 64 18 F-A Feb 48'/a 3% 62 Va 92 • 1950 Jan 17Va 83% A__—-1956 2030 1956 Rayon 6s A Alden Great Jan Apr '.$121% -- ''rr} 5s—— - Power Pub Grand Trunk Jan Apr % 300 14 >/« Va 13% 100 Virginia Public Service 7% pfd— Vogt Va 14 M-S A-O Idaho 1 72 78% 101% 101% M-N 83 Va 10 / " —1969 —1953 Public Util 6Vas A———1956 stamped AGobel 15 Valspar Corp common™—. $4 convertible preferred— 78% 84% 69'/a 77% 77 77 J-D 87 69% 26 79% 75% M-N 74 Va 148 80 79% 79 'M-S J-D 2' 79 79% 1961 1966 —1954 Glen f<s Jan 38% 101 /' 1955 Georgia Power & Light 5s lVa Mar Jan 33V4 Mar 100 59 % 98 99% 104% M-S General Water Works & Elec Jan 62 lVa Mar —1 Equities common.. priority stock 3% Jun Apr 40 * ..-$45 A General Jun —5 — 100 '* 29 84 79 Ve 80 M-S General Jan 10 94 1 84 I A-O F-A Florida Pow & Lt 5s Gen 97/a 9 1 1954 Feb * • Residential Gatineau Jan 26 ' • 4 103% 103% $99 6s-5s Jan 8% 5% May 4 11% 11 100% 100'/a A-O RR 5s & Florida Power Co 4s May 18'A May Light $7 preferred- Radio Products. Utility 200 85% 104 V; 4 " M-N Finland Apr 32 Jan 200 6'/a 104 101 98 " 54% 53 V • 103% A-O :r? Federal Water Service 5V2S Jan 1 common™;—. Sugar Utah-Idaho ■i —8 Insurance™.— Universal % 6Va —— Universal Corp voting trust ctfs— 79 6 6 97% A- O J- J District El 5s Empire IV4 Mar Jan Water Lt Elmira 15% May Jan F-A J-D 3%s—; & Light Power Electric i36 Mar Apr Va 1,200 Universal Cooler class A—: Class Feb 5% 98 J-J 1958 ——_——1944 Eastern Gas & Fuel 4s ser Jan 41/4 5% 1954 5s Packing Cudahy Jan 30 Jun 12% preferred 1st $7 convertible Apr r- 101 9 " $103% 104 5% 5% (Bait City)-— Gas Cuban Tobacco Jun y« Apr, —50c — 99% 102% 2 ■v.;,; 85% 85 J-D mtge 4 V2s_: Gen Jan 6% 1% May 100 2 155% 100% 103% 23 104 104 —1969 P ser Continental Gas & El 5s Jan Va 53V2 % 1 101% 101% 1971 3s mtge Consolidated Apr Jan 4Va 27 Va Mar -20 — U S Stores common— ■* 101% 102 101% 53A J-D ref mtge 2%s ser Q——1976 1st ,. Jan 8 V2 May 43 350 6 Reclaiming Rubber United 48% 47'A ref 1st N series 3 'As Jan ,13 Va Jan Ve and International Securities— with warrants— Lines Inc preferred Plywood $1.50 conv preferred. 115%; 152 102 El Lt & Pr (Bait)— • 7 Apr 2V» May 150 1st preferred Consol Gas Jan •U 2Va 2% 1 Lt & Pr 7s A_ Jun 38 4% V 4 % 112 — 10 M-S —1952 1949 1957 1951 Connecticut Jan 50Va Mar 180 5 U S Radiator common U 4 850 2 1 United SpecialUes common U S Foil Co class B U S Jun 58% 42'/a -25 - 5V2S P & L Community P & L 5s_—, Apr 43 ; 57 57 25 common. — 5'/as Jun 1*8 Va Mar 10 L—i. preferred United Shoe Machinery 2»/a 200 • 5s_ Service Cities Jun Va ■ 5s_. Debenture Jan Jan 2 Ve ; 114 112% 114% '■ Jan 1966 .—1950 1958 1969 5s 5s_— Debenture Jan 85 72 V2 Mar _25c l. — 106 ■ 2 M-S .1948 1954 5s__ - deb Conv Jan 251/2 May United Molasses Amer Elec States Service Cities Jan 23 Apr • preferred™ Co Ltd— dep rets ord regis Va Va Mar 100 1,800 Va ' . 152 152 J-J 1953 1927 Cincinnati St Ry 5V2s A— 1952 ' 6s series B__—; ——1955 Jun • Va Mar 4,500 12'/a. 13'A 13 • 94 — J-D 5Vis——' § A Chicago Rys 5s ctfs„_— Jan 831/4 10 - 15 M-N Central States P & L Jan Jan •jV Jan 650 Va * , participating $3 100 200 8'/a 107% 109 107% 100 pfd Milk Products United 8Va : ._i— preferred 1st Jan 3*2 United Light &• Power common A_ Common class B $6 Jun % 2,100 1 * $7 preferred non-voting warrants- 57% 1/64 1/64 43 114% $114% 116 — • 114 V8 M-S 1953 1964 5s Power Gas 3%s & Feb 15 Jun Va May 57% Va 8 Va United Gas Corp common Option Jan Mar 11 United Gas & Elec Co 7% Apr 6,100 • -10c El ■ , Jan 500 5% 5'A 5% Corp J-D 1970 .—.1954 1 Apr United Elastic Corp V 1st • Jan pfd™. Cigar-Whelan Stores warrants United 2 Va 100 common & participating cum 100 4'A common Chemicals $3 M-S . 5s— Jan 2Va 4% 1 106% Q-F M- N 1 2Va . 106 114% Vis A5 ■ 2 Products United 106 J-D 1998 Northern 111 gACentrai J an 1 Ve of Canada Union Investment 100 ;■ ' 108% 105% 107 Va 1 106 : M-S 6s Power River Jan .10 Co Broad Jun 5'/a Manufacturing Gas Union 12 Va 65 106 107% , Birmingham Electric 4VisBoston Edison 2%s 7% 4% Jun 50 - U Unexcelled 55% Feb 5% „1 Udylite Corp 13 6!2 $99 J-J '—1957 —I960 C series Ve Jun 1,300 3% 8% 106 ' — J-D ———1950 of Canada— Bethlehem Steel Jun 6 1 • Tung-Sol Lamp Works— 7V2 ■ 31 .31 31 1 3% May 3*2 Apr • , 1 ■ series B___— 5s M 5s l'/a May Va Mar 500 3*2 . _ . 4%. 3*2 A 600 70O 7/8 • . Chatillon Tubize 4 Vs warrants Tri-Continental Trunz •/', % 4 Va 10 Transwestern Oil Co '/a . 12 8% $107 M-S —-1947 —— Corp 12% 8% Jan 95 66% 66 % —_100 100 8% 11 Works—t -: 6s Telephone 1st _1 rets def regis 5s_ dep Shipyards Corp Edison 6%. preferred 12% 25 8% 60 M-N 1955 —1955 -—1964 Light Baldwin Locomotive Bell Toledo ,, deb 5VaS A— Gas Atlanta rets ord regis— dep Amer 8% 8% 8% '. 8% Jan 3% Apr : — 8% 8% F-A 5s deb T & T Assoc Feb 40 Vs •' 'r 5%S————;—1977 Debenture AConv 3'/a Mar Jun % •--» " ——1968 A-0 ,8% F-A Jan 3 Va 30O A Security Trust Co Ltd— Tobacco 7% Jun - 11% 8% J-J " Apr 14 800 * Exports.. 8% 2% Mar 500 200 v 3% 3 Va 1 * _ Construction 14' 14 5 Allied Stocks & Tobacco Todd Inc*. Jan 1949 1950 AConv deb 5s Jan 86: 20 2% 19% 7 1,300 88 2% 2% I,—,——2 Co common™ Realty & 7% 100 pfd 1% & Light Power •■'. 7 Jun 16 Va 100 ... 3Va Mar 2(4 Jan 200 2'/a 17 % * Technicolor Inc common... Texas 2'/a 17'/a 1 _ 4VaS deb A Conv Taggart Corp common Tampa Electric Co common 8% ' ; 6V2s— 107% 109 80 108 VA 84 3 99 10 108 Va 108 1 106 109% 11 107 110 ' VA 98% 100 109 109 J-J 99 99 1 99 A-O 57 57% 19 56 105% 105% 29 M-N M-S 85% 84 98% M-S M-N 13 108 Va 109 105% 101 64% 102% 106 2442 THE COMMERCIAL & FINANCIAL NEW YORK CURB BONDS New York Week Curb Ended Friday Exchange June Last Period Sale Price Friday's or 1st ref & _____—1978 J-D 1955 J-D 1957 J-J M-N 5s Mississippi P & L 5s Mississippi River Pow 1st 5s _____ _1951 & Suffolk Ltg 5s 1945 §ANational Public Service 5s ctfs__1978 Nassau Nebraska Power series 6s 4 Vis Nevada-California Elec Amsterdam New New 5s Gas 5s Low 32 106 '/a 3 105% 108 8 100% 104% 110% 1107/b 9 110% 111% 98'/4 108 98% 19% J-D 14 J- J 91% 13 84 New 113 —w 44 45 28 42 45 3 42 25 43 3Vis——:—1961 M-N 1 106 Debenture 5Vis Orleans Alncome N Y State N Y & 6s ___1954 43% 45 North A Nov Gas 1949 3%s_______1964 Ltg 4s —2004 5s series Cont'l 70 28 65% 72% 73 12 67% J-D 104 102% 104 10 J-J J-J A-O 1115 109 115% 5Vis— J-J .1969 F-A 50% Ohio Gas 5s 51% 7 107% 107% 8 107 8 106 A-O 105 Vb 105% 3 102% 106 ________1962 F-A 108% 108% 27 33/4S B—_Aug 1955 107 V* 107'A 1 - Ltg 'Pacific & 4s Power Power & Park Lexington Penn 1948 107% Central 5s Light .___—1942 F-A 5s __1955 1st mtge 3s__ Lt & Pwr 1964 4 Vis 100% Philadelphia Elec 5s stamped Potomac 4 Vis 101% Power 5s F 37 $105% 106% 107 ^ '2 114% 11'5 3 111 116% M-S 105% 105% 1 105 106 107% 1950 J-J M-N 191% 110% 106% 108 91% 1961 4Vis B A-O 1947 M-N 87% 110% 110% tll0% 112 $102% M-S ^—1959 1 in Deferred a Ex-dividend, 1st 3Vis mtge 1964 1 Service Service of 4s New Jersey— : 1st & 1st & ref 5s ref series 4 Vis J-D M-S 76 2 106% 106% 7 105% 106% 14 107% 107% 106% 8 106 M-N 1949 C series __1950 D— 1950 j Harbor Water 4Vis i__1979 Joaquin Lt & Pwr 6s B Real 28 13% 17 18 28 15 19% 10% 15%' — 19% 19% 16% 13 ' Va $133 137% 101 101% 18 98 100 % 100% 20 98 132 99% on 1952 J-D 9 Estate 6s v; $129 Under-the-rule sale.! n "/ ' • 10 108 It 111 — 129 " 30 v Date— v 20 trials f /'l > June 24__-_-__.__ June 25 102.67 June 26 _3951 J-D Scullin Steel inc mtge 3s :—1951 ,vShawinigan Water & Pwr 4Vis ;1967 A-O 77 78 14 77 92'/a 93 8 86 93 9 87 96 1 100 103 5 ': Total 40 ; Bonds trials Rails Rails 34.37 106.19 89.37 48.44 108.84 88.21 33.89 106.16 89.32 48.21 108.80 88.12 11.78 t 34.00 106.11 89.31 48.97 108.92 88.33 11.65 23.50 *23.78 102% 104% 99% 102% 10 Utili¬ ' 33.86 , 11.60 »' 106.14 33.92 '• . 89.02 48.82 109.02 106.20 33.86 11.67 ties 89.12 49.29 108.96 89.30 49.82 108.92 88.25 88.39 " 106.18 : 88.55 96% 103 Stocks i 86 A-O Grade ties 23.51 102.71 102.54 ___: • Second Grade • • / 10 First Indus¬ 11.99 i 23.59 * 10* 10- 65 11.79 23.57 23.43 103.03 Total Utili- roads 104.42 102.77 June 23__________ 81% " 15 '[Rail- Indus- 130 ■!;" bonds —Bonds— • 96% 100% 75 and compiled by Dow, Jones & Co.: as 150 10 — Averages Stocks ■■■% June 81% 110% in M-S 15 r .- Exchange June 22_ 80 Odd-lot sale, e 1% 1% 13 the daily closing averages of representative stocks the New York Stock 103% A-O $14% are 102% 101 % 99% 1 1 10 transacted during current week. ■ • Slock and Bond listed 101% 99% sales being flat. ' « 1% included in year's range, Easy Washing Machine class : no 1 • 1% 1% ' __ d Ex-interest, sale not >« $1% ■ used Below 105% 108 M-N J-D delivery sale, asked prices; traded 107% J-D t.'l .''.ASchulte 28 25% 79 104 % 106'A y San 25% ' 103 71% f; Safe ' 107% 110% ■ Queens Borough Gas & Electric— 5 Vis series A 1952 !; ' 13 109% 110% . perpetual certificates Sound P & L 5 Vis Puget J- $15% '• 16 9% ■ above—"cod," certificates of deposit; "cons," consolidated; "cum," cumulative; "conv," convertible; "M," mortgage;, "n-v," non-voting stock; "v t c," voting trust certificates; "w i," when issued; "w w," with warrants; "x w," without warrants. ' 6% /. Indiana • • Public !. of J-D 1949 1969 Sinking fund deb 4s Public J-J y Cash ' Public Service Co of Colorado— V 32 J-D J-J 13% 5 30 Vl9% __ ! •.1 $25 '/a J-J receivership. Abbreviations 96% 100 76 x being § Reported F-A 1956 E— A Bonds 105% 108 J-J $105 sale, t Friday's bid and 104% 104% 105% -- 107 28 ioo : 1972 v (Can) 22 v;; value, par Cash B, June 26 at 2%. 97% 101% 28% 1962 6s Sugar 7s stpd Corp 11 No 104 r 100% 101% J-D 101 * 101% 101% Co— extended Edison series Potrero Transit Coke & 5Vis Power Rapid Portland Gas 13 103 $20 M-N M-N 105% 108% 1970 _ Philadelphia 101% 99% 100% J-J 1977 Pennsylvania Water & Power 3Vis_1964 3 Vis 101 1100 F-A 1979 5s 107% 107% 101% J-J - 1st •6 : 13 107% 110 A-O 12 — 6 . $25 '/a M-S 33 — $15% * •• 13 35 20% .— : 15% $28% .1921 107% 9y» 1 : 16 • J-D .1919 6 Vis. 108 107% Government 40% ■ 12 v;:1 v..,. — .1949 10 107 32 16 ■ __ J-D .1959 Russian 1st f 4 Vis Sheridan South series D Southern Power California California Southern Counties 3s 1965 102% 103 % M-S A-O :il971 Indiana 92% 103 . . . 100% 101 — — 13 $104 % 104% ■ Rys 4s 53 55% V* Transactions a! the New York Curb Exchange Daily, Weekly and Yearly 103% 106% __ (Calif)— mtge 3s Southern 93 J-J 3Vis—_1970 Gas Gas J-J 1957 5s $66% A-O _1947 Edison Southern 1st 1970 Wyoming Coal 6s Carolina F-A 1970 101% 101% F-A 52 '. 51 16 52 98 Va 102 5 51 Standard & P 6s Gas & L 6s 2022 6s May 1948 6s A-O 6s__ Debenture gold v;.: 60 Power AStarrett & 7-4s 3d 88 ■ . 47% 3 54% F-A 56 54% 54% 55 55 55% 106 42% 4 51 v. 51% 49 76% 49 9 76% 1 49 Week Ended June 26,1942 35 J-D 55% 54% 56% 20 F-A 54% 53% 55 76 49 . ,, • 54% 53% 54% 30 50 18 ■-i 441,000 44,460 . 4 f _______ -60,110 Electric Texas 6s Power series Tide $19'A A-O 1946 J-J 20 -- $11% 14 % $13% 18 10% 1,000 Twin Service 5s 1960 Light 5s_______ Power Edison J-J 106% 1956 M-N 107% ____2022 5s__ 1979 3%s__________:.___1968 City Rapid Transit 5VaS 1 Conv United 6s 4th 1952 stamped Electric Light 1st lien & N & J J-J __ F-A 106% 107 . 15 shares Power cons j__ -I J-D 75% 16 105 4 107 108% '252,400 -462,272 $2,222,000 $4,380,000 46,000 818,000 government—l 75% J-D 5 5Vis 1959 A-O F-A 2 15 106 Total. 6s series A 1952 Utah Power & Light Co— 1st lien & gen 4Vis Debenture 6s series 1944 A _2022 91% A-O $2,268,000 15 10 15 112 Transactions at the New York Stock 105% 105% o89% 91% 116% 116% 11 28 6 114% j 82% 100% 115% 117% F-A 94% 94% 5 92% 100 M-N 87 87% 5 83% 99 1954 Wash Ry & Elec 4s Wash Water Power 3 Vis 1951 Rys Co 5s stpd AStamped 2% 11 2% Saturday— Monday.:—— Tuesday Wednesday Thursday Friday ; 207,980 ' — 243,680 245,420 289,030 — 5 107 102'/8 9 110% 110% 1 56 107% 117 78 % • , Stocks—No. 69 78 56% 56 67 U. S. 5s of __1937 171% ___1947 71% 73 71% 71 78% - : — ■ - 4 432 000 4 039 400 .335,000 276,000 ?' -, 6,26l',700 - 5,000 4,939,900 16,000 - 225,000 . 6,381,000 $178,500 $28,000,000 ■ $1,840,000 - $178,500 — industrial Total 1,840,000 25,981,500 — 1941 Jan. 1 to June 26 1942 2,690,890 51,168,028 $266,000 2,783,000 50,497,000 1,013,480,300 < - 78 72% _1_—' & !942 1,426,170 ! shares— Government Foreign Railroad i $1,946 000 7,000 5,000 44,500 Week Ended June 26 172 $101,000 483,000 277,000 y $25,981,500 Sales 108% 99% 108% Bonds 56% 1,426,170 . Bond Bonds $244,000' ~ : Total Government Bonds $1,601,000 3,942,000 5,979,700 3,659,900 4,658,900 6,140,000 313,000 . i United States' Foreign ' Bonds 127,060 108 y« 109% 107%107y2 J-D 1 Exchange Railroad and Miscel. _____________ Total 4% 102 J-D i960 2% 108% 108% A-O Newspaper Union— unstamped extended to 1959 stamped extended to 1959__ §AYork 2% J-D 2030 vWestern 6s M-S 1964 West Penn Electric 5s .West Penn Traction 5s 6s Stocks, Number of Shares Week Ended June 26,1942 - debs $89,315,500 $134,316,000 Daily, Weekly and Yearly 103% 106 v income - 80% Waldorf-Astoria Hotel— A5s $5,206,000 108 69% $14 105% 8,000 ______ 12,107,344 86% 101 Co— Lt & Rys 8,831,971 $86,559,500 $131,138,000 2,285,000 1,844,000 471,000 1,334,000 111% 118 94 107% 107% 74% Jan. 1 to June 26 1942 1941 107 $113% 117 F-A 1949 (Delaware) 5y2S_1952 United Light & Railways (Maine) — United 394,000 $2,268,000 1941 Bonds Domestic Foreign — 107% 107% t— 111 93% J-J .__1950 4s ' . $46,000 1942 .•AUlen & Co— •-United - 394,000 ______ 5,000 ... : $2,222,000 ^5,000 Week Ended June 26 of 15 15 - deposit A—_— Water Toledo & 466,000 458,000 393,000 389,003. 252,400 $161,000 : 17.000 1,000 25 Total ; Total • 10,000 - 394,000 Foreign corporate____ •Texas $12,000 456,000 45,215 ^ 41,835 76% A-O : —— Foreign GovernmentCorporate $149,000 42,b60 — - Foreign « Domestic 18,120 > 1946 of i_; '___ of Shares) —____ Thursday Friday ' Stocks—No. stamped ; Bonds (Par Value) 76% F-A • Corp— Certificates > Saturday Monday Tuesday Wednesday 76% -V v 77 49% 56% 1966 1957 6s 2d 7-4s 103% 106% 1950 Light Corp inc 5s (Hugo) 1948 1951 '•••.. Stinnes 46% f 1957 Dec debentures . Standard 94 $90 -- A-O May stamped Debenture ;s M-N 106% Electric— (stamped). Conv M-S 1989 $105 (Number A" • Spalding (A G) deb 5s | Stocks J-J 1951 Southwestern Gas & Elec 3%s Southwestern " 44 25 11 V $5% t __ •vi; ,' '-*i .1958 M-N ■r '.'.Pacific • 61 A High 25 25 $10 i ,, A-O 108% A-O 3 Vis Oklahoma Power & Water 5s • • J-D .1972 1968 Service Oklahoma Nat Gas • 50% 12 32 ''-.v M-N- -: 1927 105 106 - M-S v.; 1951 Oct Low ■*— 12 M-N 1945 mtge 3s Public 103 No. V.'* $32% • J-J .1958 96% 103 2 ;r ;:v • F-A V* .1931 _______1971 1st mtge Ohio 1. 1st Power 1st 7s. of 41% ;$37 __ J-D 114% 115 104% 104 '/a ■ .1947 Alssue 1948 3%s series A Ogden AMaranho Range Since January 1 Sold Low $37 • M-N .1958 107% 1 Bonds Waterways- 111% 105 "6 100% 100% Northern Ind Public Service— 1st ; .1952 101% 105% 1110% 110% 107% 107% 1947 & 87% M-N Friday's of) 85 J-J 1956 Utility J-J .1955 Light & Power— A North Boston Ltg Prop 3 Vis Nor Bank A-O .1953 69% 73 J-D 1954 American 5Vis Mortgage 108% 69% ■!,. 1" (see Danzig Port 107 VB 107 VB A-O Service— series Elec & Westchester Debenture 1948 1 Public 1946 63 England Power Assn 5s New A 62% M-N % or , Sale Price Bid & Asked (Col)— 62% 44% 44 Week's Range Last Period .1948 44% 44 % 1950 Power Interest 26 1947 Bogota 114 M-S J-D 5s England New Friday Exchange June Agricultural Mortgage Bank A 20-year 7s 96% 1948 deb Curb Ended High 16 1947 5s Conv York Week 115% 124% 28 1113 % 114 New 106% 111 — 92% BONDS 98% 100'A . 9% 107% 108 92 % 100% 104% 1 1108% 113 A-O Foreign Governments & Municipalities High 103% 106 M-S 1948 January 1 No. 103 F-A _1956 Eng Gas & El Assn 5s 1033/4 F-A 1981 EXCHANGE Range Since Sold Low 102% 103 2022 A— Bonds Bid & Asked High Minnesota P & L 4Vis Monday, June 29, 1942 Week's Range Interest 26 CHRONICLE $28,000,000 $4,852,800 70,950,000 1941 • 63,308,802 $9 749 000 81 689 000 997,832,'(1)MT $53,546,000 $1,089,283,100 $1,089,270,000 THE Number 4085 Volume 155 \ 2443 CHRONICLE COMMERCIAL & FINANCIAL Exchange official sales lists inclusive, compiled from June 26, both 20 to June Last Range of Prices Shares ■ t . Mt 4% 465 52% 170 40 Mar 5 107 Mar 110 110 Jan Jun Brown 19% 73 89% Jan Jan f Apr "22% Jan .< Jun 2.65 Jan 89 24% 23% 100 800 V: 97 flat 5s series 5s < ■ Jun 21 y8 May , —1975 B—_ May Jun 58 8,050 50 Jun 3,000 r-i o H Feb 104 62% 16,000 63 100 Jun Chicago Corp Cities Last Range Shares ' •>■ " I' 1 101% 7l/a Jan 81JA 209 75% Jun 23 Boston Elevated Jan 9% Mar •» 56% 12% 13 24% Jan 59 Jun 10% Mar 100 RR— stamped — Maine & Common —100.., 100 : preferred—. preferred Stamped —* class C 1st pfd stamped 7% prior 14% Jan Jan 6% 7% Range East 6% ——.10 Co Boston SS Co Gilchrist ——— Associates vtc RR Pennsylvania Shawmut & Stone Association Webster— Co Fruit United United Shoe —-— Machinery Corp cumulative 6% preferred Vermont Tunnel & Massachusetts Ry Waldorf System Utah Metal & Warren _ —— 5% Jan 2 91 . 20% May 22.19 May 5 24% ■ 24.28 Motor T 3 Apr 4 Jan 4 — 6c Jun 10c 120 100 % Jan 1% 200 1% Jan 2% 4% 12c V ; :> 4 May 80 Apr 5 71 U 1,250 36c 19% 422 7% 7% 205 4% 4% 117 24% 184 18% 24 10 30% 52% 53% 676 7; ' Jan Corp common Corp 43 26c 27c 98% May 100 13%, Mar 6% Apr 10 Apr 22 Apr 28 May ,,49 Jun 50% Mar Jan 20c 6% '20 6 % Mar u 20 — $4,000 101'A 101'A ; -- 29% 1,000 29'A • inclusive, compiled from Jan % Jan 29% 101 Jun Jun 110 16% Jun 3'/a 500 2lA Jan 3>/a 3% May of Prices Sale Price 3 % 450 3 Feb 250 22 Apr 29 % 30% 30% 25 28% May 37 V* Jan 17 17 50 13 19 Apr Allied 43% * ' 2% 28 Laboratories common class A Mfg Co — * Public Service preferred—100 Tel & Tel Co capital—100 35% Mar 72% Jan June 59 • Armour & Aviation Barlow & For Co common— (Delaware)— Seelig Mfg "A" common Corp footnotes see page 2448. 5 3 5 8% Apr 4JA Mar Jan 8% 50 10% Feb 1% '1% 5% 300 1% May 1% Feb 250 4 Apr 5% Feb 30 y8 31'/« 209 24% Apr 40% Jan 36 37% 1,613 29% Jan 38 V* Jun 5% 36% 1% Apr 100 11% Jan 17% 3 % Mar 3% Apr Jun 70% Jun 7 % Mar 9% 70 70% 3 16% 16% 135 ' ' -4- ■ 13 11% 11% 13 Jun 8% Apr 11% Jun 50 8'/a Jan 100 11% Apr 12% Apr 98 11% 11% Feb Jan 8% Apr 10% Jan A Apr 1% Apr 5% Jun 100 6 5% A Jun 10% 450 12% 11% 70 200 8% 8 8% 13 Jan 12 3% " 3% 3% 3 1% 1% __ 9 % 600 5% 5% 275 5% May 8 Jan 19% 19% 100 18 Vb Jun 25 Mar 10% Apr 16% Feb 3% J4n 11% 200 2% 2% 300 58% 58% 25 51% Apr 74 Jan 44% 45% 335 40 Vb Apr 51% Feb 6% 6% 270 7% 7% 11% •m— : /) i' •; 6 % — -S- 2% May 5% May 7% Mar 25 7% Jun 9% 3% Jan 4 Feb 95% Jan 5'A Jan 3% 3% 200 79% 80% 50 995 Field Marshall Mar A 70 Feb Montgomery Feb Muskegon Motor Jan 1 Jan 50 3 'A 50 104% Feb Jan 4% 2% Low High 42% - 65 37% May 49% Jan 48% Jan 4% Jun 25 41% Jun 4% 50 4 Apr 2% 200 2 Jan 3 Mar Rath Sears Roebuck 11% 100 9% Jan 11% Mar 10% 620 10% Jan 12% 21% 200 20 % Apr 22% Jan Standard of .—5 common.4 24 24% 83 70% 70% 20 22% 70 Apr May Stewart Feb Sundstrand Jan Swift & International Apr 1,030 2% 2% 2,560 2% Jun 4 Jan Swift 2% 2% 89 2% Jun 4% Jan Texas 7% 50 6% May 7% Jan 7% Corp Jan 83 112% 114% 7% Warner 30% 133% 102 % Co 2 1 capital capital— Thompson (J R) common „ 6y8 Jan 6% 20 6% Jun 6 V2 Jun 11% 50 Jan 12% Jan 1% 100 % Jan 220 18% t Jun 18% 39% 100 36 20 21 Jan -A. 24% 3% 3% % % 5% Jun Va Apr % Jun 50 5% Jun 8y» Jan ' 10 140 41'A 50 1% — - . 4 1% 4 Jun 39% Apr 70 Feb 57 y8 Jan 1% Jun 100 3% Apr 5 500 53% 3% 50 i% 350 43%'May 2% Apr Jan 146% 300 3% 1% Apr 1% 51% — Feb 3'/a 160 41% Jun 50 142% 142% 41% Jan 24% 700 56 63 Feb 47 •: 4% ' 5% 1% May 24 Apr 24% 1% .25 2 10 38% 23% 5 —.25 —15 Corp Apr 19% 25 common. capital 3% 39% ..1 !_5 common. Machine Tool Jan 25 19'A * capital Feb 10% 1% - 62 Ms capital Jan 9% 11% ■; Apr Mar 11% 33A " Sterling Brewers, Inc, common... 2% . Jan 7% May 10% 3% 5 June Jun 190 __ 10 —10 Indiana Apr 22'A 6% May 25 150 9% 6% . Dredging common—. Oil 8 9% —- Feb 21% Standard 11 10% common—* Spiegel Inc common 11% Feb 7% —— Co 10 9% common & 50 10% —————100 Raytheon Mfg Co 6% preferred ... Rollins Hosiery Mills Feb 10% 10% 10% * 6 Packing common 6% 6 6'/. . Range Since January 1 3% May 50 5% 6% official sales lists Shares 50 Jun 27% 5% B—T.—• Potter Co common 1 Pressed Steel Car common . 1 Preferred Apr 100 6% — Quaker Oats Co Jan 22% 5% Mills common « Inc, commonNorthwest Bancorp common...— :ioo North West Utilities 7% preferred- Jan Jan 4 31% 21% 60 Airlines, Apr 3 % May Apr 499 22% 22% 20 6% 21 29% 22% __ Car common- ; Jan 4% May 14 23% 28% Northern Illinois Corp common 42% 3 yB Mar Jan Apr 4% 2% May 6% 10 .. 300 550 6% 22% 12% 14% Feb 4% Jan 2% Mar Apr 11 3% V'3% * 15% Apr 3 4% special class A— Standard- common National North American A 8% 290 1 Feb 7% 150 ; 100 Ward & Co*common. Jan 9% 13A 100 1% 10% May Feb 9% 11% May 4 5 Minneapolis Brewing common..... 3% Mar 30 100 14 J 13 14 —• A. 1% prior lien Midland Utilities 9% —* Corp capital United conv preferred 13 1% class A——0 West Midland 4% 10% 13 * common 46c 105 3% 10% 7 Liquid Carbpnic common.. _r —* Loudon Packing common......-....* 43% 10% 11% Allis-Chalmers American 3% Jan 8% 6% preferred—100 Jan ... Allied Products Corp. American 44% 42% -25 * —* —.25 Jun 50 37/e 37/e Poor & Co class High Low « Ball Bearing common Jan Jun 23% 3% 1 Co common.———. , 19 23 1 Omnibus Corp common Ontario Manufacturing Co ' Par Aetna Jun 17% 1 (W B) Co capital — Manufacturing Co capital.." for Week Range Last Advance Jan 34'/a 16% 5% McCord Rad & Mfg Sales Week's Friday common—: 8% Jun common——100 Tool vtc new—*1 Indianapolis Pwr &'Lt common * Indiana Steel Products common—.—1 Inland Steel Co capital———*' International Harvester common * Middle 98% • 5% Chicago Stock Exchange Gas Co common Alum Castings.—. Jun 3% 50 Co Jan 8 17% Pennsylvania RR capital.—.— .100 Peoples Gas Light & Coke capital0 Perfect Circle (The) Co——_ Steel Jan 9»A 32% Central RR Jan 3% 98 Vb May U Adams Oil & Jun 24% Jun 50 1 , Parker Pen Co common—— Acme 9% Apr 8 6% 8% U Peabody Coal Co common. ■ ; 34'/a 8 ' Abbott Laboratories common— Feb 19 * 50 50 8 8% Libby McNeill & Libby common— Lion Oil Refining Co capital™ Feb 5an 25 6% Boston & Maine STOCKS— 1 Jan Jan 50 9 % 21% 1 14 16 % Apr 32% 10 Jan 24% 37% May 1,000 IS 64c Jun 18% 349 58% 42'A 27c to June 26, both Jan 13% 8% Razor Northern Paper June 20 13'% 10% % Drug Jun Mar 60 8% Katz 1 Jun 12 50 1% Feb 2% 32% ...10 common 4% May 323 5% 6'A 150 10 —* : Kentucky Utilities Jan 3a 25c 55 57 — ——1948 Jan 1 % Mar % May 250 134 ..5 1 Co common—— Brewing capital Northwest A Jan 23% 1 8 Jan 101% ... — series 3% Apr 9% Jarvis Jan 29c Bonds— 4%s Jun 21% Joy 436 2% 17% 11'A 1 : Safety Illinois s'; May 135 4% 86 V* 350 2,750 13% Outdoor Advertising com Feb 17 Jun 12 % 15 Hupp Motor Car common Apr \ Jun 62% 2% 1 1 Horders, Inc, common..J,—..——*' Houdaille-Hershey class B — ; * Jan V 11% Jan 11% common............* 5 Motors Heileman Jun 10c 80c 3 Jan Jan 45 12% Independent Pneumatic May Jan 1% 20% 1 Corp—..5 Utensil Watch Co Hall Printing Jun 15c 60% 595 4% * common.......* Goodrich (B F) Co $5 preferred———* Goodyear Tire & Rubber common.—0 Gossard Co (H W) common 0 Great Lakes Dr & Dock common.....* Jan 3% 3 Feb 18% 8% 400 20 1 common............* —9 Co General Jan 70 48 7% Jun % May 8,550 * Car common.—2 Foods common General Jan 74 2y4 Jun 3% May 11% 11% 1 Manufacturing com Finance General 7% May > 43 15% 200 tt common. Preferred Feb > Feb Feb Jun 27% 20 , 16% 0 iff 100 • 52% 57% RR— Income mortgage 4%% series A-1970 Eastern Mass Street Ry—• 4 4 Jan 70 Apr Apr 71 10 27% 15% Feb 6% May 40 79 27% —2% Drug Stores... Feb Jan 4% Mar 3% 30% Bros 41% 50 .—20 25 America com Household General Jun 3% 35c 24 . 13% 30 100 27% Edison Brewing common Fuller Mfg Co common.... Jan 1% 1% 360 : ; : : u 7% -5 * ___25 25 1 100 —* j... 24 23.21 83 —* • Twist Drill Co Union Feb 8iy2 ' 83 400 '% 20% (Peter) Fox Jan 7 A Jan 4 y8 10c 550 6!A 3 —* — Jun 20 15c 19% (The) Co Torrington V- 15 52'A % 79 1 *• 5 capital—,..., Gillette '- 20 1% 84 2% ' 50 — Apr 3% Ji 3Gc ———— 310 4% Hart RR—100 North Butte Mining 155 1 .1 Jun Jan 2% Fairbanks Morse Jan 6c 2.50 New Haven & Feb 10 3% 3 Narragansctt Racing Association 1 New England Tel & Tel —100 New York 2% Jun 80c — 100 1 Central RR common.... Massachusetts Util 4% 3.21 Qu¬ 1 isle Royale Copper—————15 Lamson Corp (Del) common.. 5 Maine Jan 5% 23% 23.21 3% 3% 0 Safety Razor Co Gillette 65 6 -m 6 ■ — Helvetia Oil Co 5% 1% — —1 Corp..—— Capital General 1 8% 4% Association—23% Group Employers 70 ,84 ———.100 common————.w* Feb 18 15% part sh vtc "A"... Co & V Electric __ 1st preferred A Eastern 9]A 90c 100 Ry common Mass St Eastern N3 O 13% Eddy Paper Corp —« Eversharp, Inc, common..— ....1 Jan Apr 5% 4% . Jan 8% l'/s 100 l'A 1% ^,4 • —• Jan t * * Light pfd common Deere Feb 55c 26 9% r_5 Calumet & Hecla—— Copper 60c 1% * Personal Prop Trust Boston ; 100 2% 5'A 130 5% 60c Jun 1% 10 1% 5% 5% 60c 19% : 1% 100 50 52% 10 • com:.—50c 0 General Candy class A——— Boston 20% 57% Feb 91 42'A 492 5% Jan 2% Elgin National 19 %. Apr 1,521 54 54 .100 Herald-TraVeler_. 134% Apr 100 77% „25 Edison Boston 3,606 22'A 81% .100 Albany RR & Boston Boston High 8'A 3% 5% 5% January 1 Low 114% 110 110 _100 w_A; Inc & Son 100 20% 30 Serv $6 pfd Jun 13 Jan Mar 850 *5% 10 ...■ I'D Jan 10% Jan 11% Co— Class A High LOW Par TeL & Tel— American Bird ' ■ ■ 7% 58% Corp of Co Diamond Range Since 100 common 25 common...1 Oil Corp * Cunningham for Week of Prices , 10% 10 Dixie-Vortex Sale Price V. STOCKS— 1% 10 % Jan 13% 1 % Mar 10 9% 11% 5 , common common—' Dayton Rubber sales lists Sales Week's Jun 300 Biscuit • Boston Stock Exchange Friday 9% 1% 10% —1 _* Co Commonwealth j • 100 1% • V Jan 15 May 1% • common Service Common compiled from official 22% 5 ... common..— Corp Chrysler Jun 100% Container 26, both inclusive, 23% Mar common Chicago Yellow Cab Feb 72 Jun 1,000 Belt CO Crane June Jan Preferred Consumers to 22 % 19% preferred.. Lien Consolidated 20 M) (A Consolidated I 11 277 convertible pfd Illinois Pub Prior ■ June 200 Jan Jun May 65 61% 1945 5 Vr 57 ioo y2 ioo y2 1945 5%— Georgia South & Florida Jan 42 104 • 11% Central & South West Util :.'t Feb 25% • $26,000 55 104 11% preferred..; Co & Central * Mar 51 49% 1 5 capital— Central States Pwr & 1975 -.1975 Transit Co 4s flat Baltimore A • ■ Jan 5% Mar (E J) cumul 5% Chain Bonds— 6'A 3 Ve (E L) common Butler Brothers \ Mar 30 May 25 V* 26 •26 247/a , 3% May 200 Co Bruce Jun 19% 16% Mar 24 200 3% 4% 4 Fence & Wire Class-A Castle 19 4% 3% Common . 51 2.00 89% 2 .——50 Seaboard Comm'l 5% pld ser A x-W—50 U S Fidelity & Guar——— —2 Amsterdam Casualty— Northern Central Ry__—— New Jan 4% common common Brach & Sons Mar . 28% May 39% 5 1 110 4 • Jan 115 116 19% 2 :2.00 2.00 108 125 20% 20% 20 % 29 115 115 20 100 100 3% Mar 30% Corp Warner Borg Jun 37% 50 37% 37% .—F— 5% 52% Jan .4. 100 29% Jan 4 preferred-——— Vernon-Woodbury Mills com Fidelity & Deposit-. Houston Oil Jun 30c 193 Feb 14 4% Laughlin Inc common Bliss & Jan 96c 52 52 pfd v t c——_1 Sugars Assoc Eastern High 17'/a High Low 11% May 45 11% 11% Berghoff Brewing Corp : Binks Manufacturing Co capital Apr 13% 285 .53 .51 100 preferred B——■ 4%% ( _ January 1 Low . 14% 14% * Baltimore Transit Co com v t c—* 1st preferred v t c~ 100 Consol Gas Electric Light & Power— * Corp_ High Low Par Arundel Range Since Corp Aviation Bendix for Week Sale Price STOCKS :;. Radio Belmont Range Since January 1 High common—10 ' * Belden Manufacturing Co Sales Week's Friday Low Par — Shares of Prices Sale Price i STOCKS— for Week Range Last Baltimore Stock Sales Week's Friday 57 Vt Jan Jan Jan 4'A Jan 1 % Mar 2 Jan Apr 27 Jan 20 24% 391 1% 250 1 Feb 1% May 1% 6 60 5 Mar 6% May 5% 23% 22% 14% 22% 22% 23 33% 14% 5 100 1,700 12% May 19 Jan 20% 25 Jan Apr 265 19% Mar 24'A Jan 155 30% Apr 39 Feb 34% Jun Jan 103 6 5% 5 i J THE COMMERCIAL & FINANCIAL CHRONICLE 2444 Monday, June 29, 1942 OTHER STOCK EXCHANGES Week's Friday Last Low Par U S U Co Gypsum Steel S Co 30 11% 55 45% 45% 107% 108 % 524 1 1% 1% * 1 16% 16% Utah Radio Products common Walgreen 200 11 —* 100 preferred common Wayne Pump Co capital Wisconsin Bank Jan Jan 1% 15% 13% • Chicago Stock Exchange Jun 25 11% Jan 10 ,23% J#n 69% 63% Apr 81 % Ford 5% 200 300 1% 4% 50 52% ' . Jan 2% Feb 5 Jan 4 'A Mar Jan Apr 62% Jan 100 2% Mar 3% Jan 1,050 8% Mar 13% Jun 256 3 12% 6% ; 5% May 1% 13% Telephone: Randolph 5530 Jan 40 Detroit Stock June Radiator & St San com American . to 20 June Anaconda Copper Atchison Topeka & 4% 160 4% Jan 24 24% 325 22% May 28% Jan 33% 31% 33% 122 27% 39% Mar 50% 50% 51% 132 50 5% 6% * 4% Mining 50 Santa Fe com—100 3% Apr /: Jan Week's Friday Last STOCKS— Curtiss-Wright —_ — Electric General common—j..."' 1 6 ■ May of Prices 5% 362 Jun 24% 25% 21% 1,170 9 Auto Jan 28% Apr Low City Brewers Baldwin Rubber Jan common McLaren . common Burroughs Adding Consumers .""-1 _ common Steel _ .90 Interlake Iron Corp common Martin (Glenn L) 5% * — 26 17% May :•/ Jan & Detroit Edison Cleveland common Detroit-Michigan Nash-Kelvinator Corp. 5 York Central RR capital New Pictures Paramount Inc Pullman Oil Pure Radio Corp (The) - 4% : __ 1 —* , * common T Jun 14% 21% 10 Jan 15% Feb 21 171 26% Feb 3'A 3 % J, 13 % ; 47 Jan 365 209 31 1 4% 4% 150 4 U S Rubber Co common 16% 10 Jan Apr 5 Jan ; 5% Apr Jan-.; 18% 13% Mar 130 . _ _ common Gar _ common Wood, General Ind, Motors common 1 Yellow Truck & Coach class B Jun 200 11 Lock Kinsel & Mfg common Products Kingston common Michigan Oil 10% May 13% Jan Die Casting __ common Week's i %/'/■■■' Par Aluminum Industries American Laundry Rickel _ Machine— for Week Shares Low * _ __ Cincinnati Cincinnati & Gas Cincinnati ——* —— ,. Low 4% 383 Tom High Jun 7 4 219 19 El Street preferred 100 ... Gibson v. * 7 2 6% .100 17 17 Raisin ,——• 24% 26% 20 21 46% 48 13% 13% Kroger _——* •: & Randall "A" Randall "B"— —.—_* — 0 ——— Rapid 47 ——* .3 .■:> 3 Tube B preferred & Co 1 ——10 4% Co Jan • 9% 6 •/ 1% : Jan 3% : 6% Jun y • 8% 25 14% Jan 25 Jun 12 ..... 22% Apr 29% Jv■ Apr 23% 499 42% Feb 52 io 10% Jun 15 Jan 1% Jan 2 Jan 3 Jun 50 25 , 100 2% May 30 6 9% May 4% Mar 100 9% 9% May -s 8 1% 9% 1% 3 36% 304 - •••:>■• 4% Los Jan Jan 2 500 .72 •■' ; 250 2% 150 23% .90 2% 1% Jan Jan 8% Jun Apr 5% Jan 2 Jan 2% I% 197/8 56c 400 V 397 2 2% 100 2% 1% 1% 1% 266 . Jan Jun i% Jan 2% -y: Apr Jan 2% Mar 2% Mar May 1% Jan 27 97c Apr Mar Jun ? 290 2 -'rfe 2 2% May Jun 350 1% 2 , 368 i Jan 4% 68c 200 295 1% r^;#v 1% 6% 7% 4% 23% ■ •' Jun Jan 1% Mar- .47 ■ .47 150 47C Jun 60c Apr .75 .75 200 47c Janv 75C Jan 17% Jun r~;% 7-v - . V.' 17% 1% 3% : 17% 1% 4 to 3% 200 . 16% May 100 1% Apr 2% Jan , 200 2% Jan 3% /■ Apr Angeles Stock Exchange June 26, both inclusive, compiled from official sales lists Week's Friday Last Range Sale Price STOCKS- of Prices Par Accessories Bandini Petroleum Sales for Week Shares Blue Diamond 30 Jan Feb Jan —50c Inc 1.45 Range Since January 1 1% —2 500 1.30 1,600 1% May 2 82 9% May 12 Jan Jan 58 May 4% May 6 Jan 1.45 Jun 1.85 Jan 2.20 May 2.70 Feb Feb Chrysler 5% Jan Consolidated >il steel Cor Corp,. a58 ——-—* Corp. 11 5 11 Jan 59% al7% ———-—* 46% 245 4 4 Corp. W-~- 43 5 400 17% 4 20 17% May 5% 20 Apr Jan Mar Jan 10% 1% 38% —1 Feb Exeter Oil Co Jan alOc Farmers & Merchants Nat Bank——100 A*common_. 10c 340 200 350 15c 30 340 20c May Feb Jun 385 Jan Feb 38 Jun June 36% Oil Co 516 a7% 7% 16% 95 20 31% 50 16% 20 al6% a A A 36% 36 A 6% Mar 11% 283 17 8% Apr 17% Jan Jun 24 Jan 23 May Jan ' Nordon 6% • 1 25c A Low High 10 , 4% Jan 4% Apr ioo 6 % Jun 7% Feb' 10 Preferred C 14% '.—A* 4c 26c • 1,000 4c 3% , 9% ... Jan 7 Apr 1.90 Jan 4c Jan 8c Feb 27c Apr 40c Jan 3 % Jan 375 9% • 1.00 May 50- 15 13% ■ . 6 2,570 1,000 a3% ' 15% May 504 L.10 25c ' - 10 6% 1 Corp Ltd. Range Since January 1 100 6 1 Mfg Co 16% al6% -10 Menasco High 6%r High 1,320 2% 1% 100 1 Shares i LOW 1% 2% —5 40% for Week , High 1.45 —1 Co Corp Invest Central 12 Low Jan Jan 4 Sales 6'A Apr 60c A Exchange 4%. Feb Jan ■ 4% 1% 23C —1 « Feb 100 Low Par 65c Feb Jan 20 Week's Manufacturing——A—50 Feb Mar .90 ' Brass Jan i .68 > — Akron 30c 16C - June 20 Jan 100 iv: Range Apr 115 2% Mar 9% !-i of Prices Jan 4% 45c —— 26, both inclusive, compiled from official sales lists Last Feb 10% Jan 100 2% — Jun i% Sale Price 99c May 8% May 3% 400 1% 7% . Jan Feb Hancock STOCKS— .48 4% A Feb 17 36% Friday 60c 400 , A June 1,701 2 .68 * .10 20 to Jan .49 ' common Gladding McBean & Co. June Jun 2% Jan Apr 4% Cleveland Stock 37% Jun Feb 9% % May 48 30 9% •; _ Feb Jan 1% 2% May Jan Preferred 36% .70 3% 30% ■.v Jan 8 77 r Jun 9% <■ i 100 Jan Jan Unlisted— General 1,760 Feb -17% Jun .19 2 "B" 43 4% 25 604 1% Jan Jan 2 .17 . „,1 common. "A" & 472 3 30 ———50 — . 2% 36% .48 A. common Consolidate U S Printing Wurlitzer 3 16% 2 Jun .49 Moore Distilling common——,. Walker : i-. l%::-;; 13A .—* —* ; U S Printing—— 100 160 * Paper Aircraft Gamble-. Procter 16% 200 Manufacturing common Walker 100 9% 1% 18% Apr 1% Mar 100 8% .17 1 common Jan 10 9 % 15 400 1% 3% * common— Universal Cooler B 24 24 ————* Lunkenheimer 124 :-h , 24 Hatfield partic preferred—— 5% 59 % May ; 2 > 35 6% y6: 25 •"43 .•■': .'>£ ; 10 7 Kahn 86 Mar 70 49 > 43 . 3% Jun ■ —100 preferred— Art 143 6% 2,153 2 8% $ common Prod Apr 5 22 Jan 1% 110 7 63% 63% —10 —...—— Invest Found 78 6% 63% ——* —! Drug Eagle-Picher SO 25 1% 76 ,50 — Telephone Cincinnati Union Stock Yards Dow 1% 16% 3% -10 Wayne Screw Prod common Churngold 1% Mar 78c ' 20% 19% Jan .1,700 .68 .48 _ common Metal (H W) Standard Range Since January 1 High 4 20 River Sales Range Last 1% 8% « common— Davis Sheller Of Prices Friday Sale Price Feb 3% 1 - common- Corp Prudential investment Exchange 26, both inclusive, compiled from official sales lists STOCKS— Apr 60c 1% —1 _ „ common.. Products Peninsular June Jun 100 1% 1% ___ Motor Parke, 20 to Feb .90 2% .70 1 . common Packard Motor Car June Jun common Drug Murray Cincinnati Stock 7% 36% <■ • 10% 6% Mar 1% y A. Michigan Sugar ///■ ° —_1 500 Y' —1 common, ' i Feb 7% 1% 10 ,1 _ Hudson Car 1% l7/a Houdaille-Hershey B Motor Jan —. 3;V" _ — 1% 16% _ Brewing common Graham-Paige common 300 16% •:«... 1 .1 ——~ Goebel 1% 1% 20 _ _ _ 4 —10 _ common,. com Fruehauf Trailer McClanahan 16% Stove Brewery common 10c Feb Jan 42% Frankenmuth Kurd 3% 35% . 19 Apr 2% 3% Corp common Jan 3% Jun 13% May 34% —* 10% Apr 2% 235 13% ^ 2% capital—25 Standard Oil of New Jersey Jun 7% J Apr 11% Apr 90 21;. , , — Republic Steel Corp common Studebaker 6% 5% Jan 355 7 3% 14% V - of America common—_—* Standard Brands common. 450 6% —* common capital Co 5 Nav Feb 3 •vy"'- Jan Detroit _——1 common 7% Jun 5c 900 .90 tv; ;.i High 300 ■3% 7% .i- 1 _ _ . Low .07 1% 0 Machine Range Since January 1 3% 1 , __ common .07 3% —1 _ Shares High Jan 67 Brown, 25% —" Co—__ ' . Sales for Week Range Sale Price Par Steel Corp Bethlehem Exchange 26, both inclusive, compiled from official sales lists Stocks—> Unlisted DETROIT Building 26 % May 75 3 3 New York Curb Associate Detroit Stock Exchange Jan 14 51% _* common— 18% 157/a May 125 Members New York Stock Exchange 1% Mar Jan 1% 7 Co capital— Corp Radio 55% 119% 4% 1 Vat Yates-American Machine capital——5 Zenith 44% May Jun 107% 5% U* common shares common. (Wm Jr) Wrigley Jun 23% 68% common.-..—. Oil-O-Matic Williams 12% 100 17 Watling, Lerchen & Co. Jan Jun Apr 77/a 14 Westinghouse Electric & Mfg com—50 Wieboldt Stores May 182 1% High 74% 50 Apr 41 23% Telegraph common__100 Western Union 58% 65% 47 % 5 common cumulative 7% Low High 64% 20 capital Transp Range Since January 1 Shares 47% 64% -* common Lines Air United capital Carbon Carbide & Union Sales for Week Range of Prices Sale Price STOCKS— 63/4 500 5% Jan 15 93/4- Jun Jan Apr 9% Mar ' American Coach & Body.—— Brewing Corp of America—— Cliffs Corp ^ 5" 3 _ Finance 1 — . Gas 15 15 220 15 Jun 18 Jan 6% 10% 204 10 Jun 14% Jan 5 % % 45 6 Mar 8 6% 45 Jun 53 25 & Jan 45 19% 518 28% 28% 26 • 18% 26 16 Apr 193/4 Jan 200 25% Mar 28% Jun 100 25 Jan 26 Jun 386 22% Apr 30% Jan 5% Jan 5% Jan 1% Jun 1.80 6% Apr 83/4 Jan 6% Mar 8% Jan • Mar ' Colonial acific 10% 5 common . .:.'.6% 6% pre! ' 25 1st pri 25 1st A — — v J- 26% ; 27 < ' i; Electric Controller Goodrich, B F a5% 45 — * _ 45 al7% a 17% 1.15 69 16% 16% 30 11% Jan 17 "Jun A * 34% 34% 35 152 '. 34 % Jun 40 Jan 2 Kelly Island Lime & Tr_. * 10 9% 10 615 9 Feb 12 Jan 1 Lamson & Sessions— * 3% Jun 5 •' 1.15 Feb Goodyear Tire & Interlake Steamship Medusa Portland National Prior Rubber.. • : : •_ Cement—- Refining —* new * National Tile — 3% 16 * 6%_ preferred 3% ; 300 16 15% May 100 1% 1% 36% 36% 25 % % - 145 . * . ■ - 642 • 1% May 36 -Jun % Feb 2% % Jan * : Bros, • Thompson Products Inc Warren White * 7 20 5% 57 15 Jan 1 all% 24% 406 24% 24 18% 18% 1% 1% 175 a'12% a 12% - 7 Apr Jun 6 Jan 3% 23% Mar 29% ~1% class Tire & Rubber common—10 a 15% 15% Mar .25 25% 25% 154 23 % 23% Republic Steel, common For footnotes see page _* 2448. 1% * 17% 3 24% May 5% 27 Jan Jan Feb Jun 103/4 May 143/4 Jan 50 14 24 Jan 200 3% 18 , 25 ■*"" 27% 437 29% 28% Feb Jun 5% Feb Apr 20% Jan 50 a28% 15 220 25% 23/4 Jun 2 3/4 850 25% Jun 1% 300 - a 29% 25% '» • A 28% Jan 26% 24% Mar 13% 13% Transamerica 22% May 27% Jan 8 Corp,, — -r 25 13% Jun i~7 ~Feb ' 10 23 Jan 29 Jan Jun 133/8 Feb ~ 18% Apr 223/4 Feb 25;; 1% Apr 1% Feb 24% Mar 10 10% 610 -I 20 658 al% 4% 1% 4% Feb ^ 20 20 „2 -5 1 10% A 3 ' — 25 % Mar 10 __ common ll3/4 14% 27% -25 Jan "l preferred 10 a Industrial Rayon common,—— Electric 41 2% . Unlisted— Firestone 300 1% 1 General 3% 24% all% 25 5 % % 35 2 —- Feb 5% 200 al4% A Feb 120 8 3% 3% A 5 400 7 ■ —50 ! Refining Motor '7 a5% —• — Otis Steel Richman 1% 7 8 — -25 Ohio Confection - 50 ' 24% Apr 19 43 7 5% : 10% 4 Jan 43/a Jan 10 102 Apr 13% Jan 6 Apr ' J-w a 8% 8% 12 10% 10 % 10% 1,153 a6; 6 30 — ,! 7 - Jan Volume 155 THE COMMERCIAL & Number 4085 . 2445 FINANCIAL CHRONICLE OTHER STOCK EXCHANGES Friday ,r„. Range 7 „1 — — !—1 Wellington Oil Co of Delaware. : Gold l'/a Mar 3,000 2C Apr 3,000 3c Feb 4,/a Jan ' 1 ' ' ' 11 4% 30 35% a35%. all0% al00% 1147/a 385 a24% a24'A- 24% 465 32% 20 2% 2% 100 a9% 10'/a 60 a327/« . 27/a Baldwin Locomotive Works vtc—— 13 Corp„*_! Tractor Co—— * * Corp.*——> Solvents Commonwealth & Southern Corp-——* (Del)——y.y~5 Curtiss-Wright Corp —_1 Continental Oil Co. — al 8 A y" f<r a20% A, t Apr 60 % Feb 38 Feb 1% 8 % Mar St. Louis Stock Electric General Foods Goodrich 16.* 25 a30%' A Jun 17% 10 .670 'A i. 20 June to June 26, both inclusive, compiled from official sales lists Jan 200 ... 16% 17% 25% 27% —li* * Jun 17% Jun 27% Jun 26% May 34% 65 40 % Feb Shoe Brown * common——_1 common-—*-— Manufacturing Burkart , V Apr Apr Falstaff Brew , Montgomery Ward & Co Inc.*— New York Central RR Co j„a. American Co.. ■ y 350 6% a 6..' 25% Mar 400 .... . 7% 19% 10% 7% 131 , 6 29% Jun Common Jun 9% Car Co Motor Pennsylvania Jan International 10 Va Jan RR Co— America.—— Roebuck Sears & Shoe 3% 25 13% 13% 200 52'/a 52% a7 % 7% a — 15 . 2% 22 — 25 a34 0 Inc.. Webster 1 I Steel ' w _ a • (The) a4% 4% 22% Jun a34 Air Lines Transport.. _ __ *" - —.6; 5 5 # Corp Westinghouse Electric & Mfg _ ... .50 7 10 7 Jun 7'A Mar 27% 243 26 May 434 15 20 15 „ — 101 — 2 4% Feb 247/a • , 40 62% Mar 64% 75 28% Feb 34% 10% 10%. 125 8% Mar 11% American Stores 250 45% May 55 % Jan 200 4% May 71% Jun 5% Jan 71% 1st mtge 5s__1959 J Jun v 5'/a 5 a68% 77 70 -—* ^—.-.100 Tel & Tel—— American Alaska 20 to June 26, both * * — High, .;• y:y"',: Low • . 9% Jan 101% 57%, 60%-y . Horn & \Battery_—31" 32% * 10 36% 36 ; 37% (Phila) common-^' —105 105%v Hardart (N Y) -common—'__ 23% 23% Horn & Lehigh Coal & v Navigation—?,4% '•: : ■ '-v*' • Sun ——-1 —— common^——-25 $3 preferred * Transit Invest Corp United Corp United Gas $5 Improvement commonx-'—* preferred -——-* A, ; — —————10 Westmoreland Inc 1,303 10 10 • 25 542 100 30%. 49%< A 3% . Jun 33% Juneau —20 —5' Jun Feb Apr 27% Jan Emporium Capwell Co 3% 3% V';- . — Fireman's Fund Insurance Co 11% 11%"- General Motors Corp common .24% Jan General 176 Feb Golden 10 * —.—* preferred^^ State Co Ltd Paint Corp 10% 15 Jan Apr 27% Mar Hawaiian 22% Hunt 20 % May Feb Hale Natural Arkansas 25% Apr 36% Preferred Blaw-Knox Apr 55% Jan in6 Jun % Mar • 3*2 Apr Walker Harbison 11% Jun 16% Jan Jun 5% Jan Magnavox 106 3A Jan March 10% Jan 12% Ltd—— Co, Brewing Pittsburgh Forgings % 1 1% 1,041 8% 100 com_100 10 Invest common common. ! Pittsburgh Plate Glass Pittsburgh Screw & Bolt Corp— Mining —* * 50 Steel—— Westinghouse Air Brake Westinghouse Elec & Mfg— see page 2448. High ——i common——A. Co's common.——: * 100 —-* % — —^_-* Sound P & T common— _* Pig'n Whistle preferred — Buget 22% Jan % Mar % Apr 7% Jun R E & R Co Ltd 7% Jan Republic Petroleum Co common 6 % Oil —100 1 —* 1 preferred 1 Jun 1% Jan Richfield 8% Jun 11% Jan Ryan Aeronautical Co Corp common Oil common —15 16% Jan Shell Union 5% Jan Sound view 1% 15 1% Feb 1% Feb Southern Jan Spring Valley Co, Ltd————* Standard Oil Co of California. '* 23 Feb 25 Pulp Co Pacific Co 1% Mar 1 % 7% 50 7% May 9% Jan Tide Water 1% 1% 600 1% Jan 1% Jan Preferred 55% Feb 69% Jun Apr 5% Jan — 7% __ ■* * 291 69% 87 4 4% 524 1 4 Union Oil Co of lc lc 400 lc Jan 2c 32 100 32 May 34Va Mar 14% 14% 271 14 May 19% Feb 67% 70 85 63% Apr 80% Jan Equipment Co common Agricultural Co Western Pipe & Steel Co Victor Waialua xu 108 Jan Jun Jan 38 25% Apr 26% Jun 8% Apr 9% Jan 31% 735 121 216 / 100 25 Jan 13% Feb 8% Mar 1,157 13% Jun 11 5% Jun 9% Feb 5 Jun 5 Jun Apr 14 Jun 116 12% 158 > 23% 4 199 27% 5% Jan Jan 6% Jun 5% 90c Jan 426 12% Apr 450 100 50 66 189 998 Jan Jun Mar 300 1.00 May 3 Jan 90c Jan 6% Mar 17 1.35 Feb Feb 1.50 15 Feb Jan 1.90 Jar. 4% Jun 90c Jan 8% May 20 2.15 Jun Apr 20 Jan 730 243/4 Mar 29% Jan 135 21 Mar 25% 388 22% Apr 31 Jan 72 Apr 101 Jan 3,548 39 225 15% Apr 22 % Mar Jan 28% Jun Jan 44 44 1.25 1.40 6% 7% 3% 3% 300 1.25 Jun 1.75 Jan 200 6% Apr 8% Jan 5% Feb 11% 13% 10% 20 8 86% 4% 10% 6 — lova Apr 45 — 22% Jan 83 Jan __ 1 36% 42% 10 20 Jan J May 12% 58 - Jan 125 3 % May 12 438 10% Mar 788 13% Jun 17% Jan 13% 722 10% Jun 13% Jan 295 4% Jun 10% 4% 20% 8% 86% 4% 10% 6 Jan 32 15% 32 Jun 4% 2 ... Feb 73 100 11% 11% . Jan 1.90 20% 25 California Jan 11% 15% 8 Universal Consolidated Oil Mar 10 331 * Jan Jan 7 Jan — Transamerica Corp—^ Jun 4% Jun —' * — Jan 23 % 21% Apr 1.50 — Associated Oil common—10 2.00 Apr 18% May 18 11% 5 common Jan 100 Jan 7% 44 J an 19% May 109 Jun 5% May 7% 20 1.90 1.95 . 18% 19% 28 28% 25 25 26 26% :y 81 % 83 % 26% 26% 1.90 1.90 — 16% May Apr 68 67% — — Apr 15 — —, 4% 24 20 18% -—25, —,—25 Light Corp common Paraffine 20 common__25 preferred— 1st Pacific Tel & Tel 1% . 1 ————1 — footnotes —1* —1 —5 25 * 1st preferred. 4 90c 7% — * Aggregates———5 Pacific Gas & Electric Co —6Vo — * Moffatt class AA Filters "A" 4 90c 35 210 ... 13% 14 1.00 1.05 — 12% 24 50 6% 1.20 1.20 Jan 23 80c 100 5 6% 1.05 —1 100 825 50 ! 23% 4 — 5% 12% 137/a 23% - -— 1% common-————* —— 1 5 12% 5% 137/8 — • National Auto Fibres common— Range Since January 1 > 12 4 1.10 Jan Jun 16% Mar 110 ■ — Feb 16 160 36% 26% 13% 5% — 7% 12% May 254 92 y — , 85 12 12% 5% 5 13% 5 Manufacturing Co common..1 Pacific Coast 500 8% Pittsburgh Oil & Gas—„— For A % 95 — Vanadium Alloys 10 105 Preferred San Toy 17% > Mar Jan 2% Jun 8% Jan 25 2,500 32% 36% 26% ^5/® , Feb 90c r' 349 12%: - 91 — 7 * — Calculating Machine Menasco Low 17% 1% •; 12% > Jun r 32 % 5% 10 50 4% 10% f Apr 150 20% 19% 4!/2 10% 19 6% ioo Apr High 7% Refractories Penn Federal Corp Pittsburgh Low -—-5 1.00 >.1.00 —" * ——10 Sugar Plantation.——15 Libby McNeil & Mar 3% 92 Shares 5% Fuel Supply Mountain of Prices 7% Columbia Gas & Electric ' ill 17% 173A ■ Apr 495 1.85 Jun 1% 282 1.10 20 25 •..'r.y.;\;203A High Low 1.40 110 12 1.10 20 25 — Langendorf Utd Bak A—: ; * LeTourneau, R G, Inc..--:——-——1 5 % 5% Copperweld Steel • Range Since January 1 . 6 12 ( 36V2 26'/a Ltd Brothers preferred Pacific -* —.—1* —— 53A — Co Pine Libby—— Lyons-Magnus "A"__ 'A May Sales ————-100 — Co_ Jun lists 700 130 2 Jan 43% for Week common-'—'* Co Gas Shares High : Stores Inc.——_—— Bros Hutchinson official sales lists Range Steel--—————* Allegheny Ludlum 8$ Sales Jan Apr 7% May 143 Week's Sale Price - 32 —25 Jan - 11% 70 98% 100 —, Far ■■ Jan 24% Mar for Week 1.40 ' 2 — ——50 Jan 'v 24% 5,989 .. 2G, both inclusive, compiled from 1 82 Range —" common—V (w w)— Preferred Apr 127 70 Last ' May of Prices -- Jun 183A 50 Friday >:y/.stocks— Jun $3,900 89 : —* 3% 5 ^Pittsburgh Stock Exchange , Jun 7% 21 Jan 33A 2 * 1.10 California Cotton Mills common 100 —; California Ink Co capital * > — California Packing Corp common——* •— Central Eureka Mining Co common.—1 1.00 Commonwealth Edison ——s. 25 >-• Cons Chemical Industries "A"—: * — Consolidated Coppermines 5 __ Crown Zellerbach Corp common .5 " O'Conner, to June 2 Feb 150 Week's Calaveras Cement Co common Oliver United £0 1 % May 18 21% Low —50c <*•" Gold Mining Co_^—10 North American June May 43A 173 Fab 38% 116% 2% May 100 11% 'A ll7/e 'A;; • 62% Jan 1,200 ■ -— Feb 21% 108 % A — Feb May 29% 638 > 48% x—* ————- Jun 63 7% 28% Apr 102 3,706 30% ——'—1—* '' y.— 1 —— Oil- Tonopah Mining • ... trust ctfs-——l , • 3% ' 3 3%= y. Pennsylvania RR——— L--.-—-50 ■ -18% • 18% ;19%Pennsylvania Salt Manufacturing——50 . ; :—140 140 v Philadelphia Electric Co 4.4%.pfd—100 — t 114% 114%»Reading RR common ——t-1— — -50 ; — • ' 11% 11"% 1st preferred —50 — 25% 25% •2nd preferred—--50 "— ; 203A 20%- ' Pennroad Corp voting Scott Paper Jan 10 • Jan 44% 295 4%y 4%?-' - \*Vv Feb Jun 6 211 1,592 14 10 Motors- Hardart Jun 12% 134% Apr . 6% Mar 49 — 2—_i———-5 High Low ":-yy 9% 10% 1,300 110% ' 110% 114%- 831 10y y 10. ;. 10 % •. 100 49 49 f 20 6% 6% 200 Electric Storage General 103 inclusive, compiled from official sales Accessories.— Byron Jackson Co— Range Since January 1 Shares - Chrysler Corp.——'— 2 7 ; 87 — Sale Price ' Anglo Calif. National Bank— Atlas Imp Diesel Engine— for Week Range — Asphalt Corp.—^—-.i-v-lO " Budd (E G) Manufacturing pfd—-100 : Budd Wheel Co ——'• Barber Apr Jun 101 San Francisco Stock Exchange June Aircraft ''"--Sales Week's of Prices — —— 12 Jun Last . 101 Jan Friday :..vy-•>,.y-yPar »>->y■ Feb Feb 25% - Sale Price <. Feb Jun Apr Jan BONDS— St Louis Pub Service V'Friday STOCKS— 12 Feb 35% Mar 35 64% • *••'' V . Apr Jan Jiine 20 to June 26, both inclusive* compiled from official sales lists • 0% Apr v 9% 10 101 ' , 21% 15- Electric common. Wagner „ Philadelphia Stock Exchange . Feb 32 17 100 50 10% * 7 Last ; 11 20 101 10% Par . Jun Jun 15 105 11%'. ii% 1 Service A common STOCKS— y).;'* 4% 60 15 2nd preferred__100 :• Apr 31 . Jan Jan 4% 21 27 Jan Jan 5 40% 34% " 5% 5 Warner Bros Pictures Inc 102% Mar Bank Bldg equipt common—* 18% Apr 24% a45% a45% ■ Jun 101 St Louis Public a - a25% 5 Apr May 100 43A preferred—100 common— * Candy St Louis a # * — 6 5 5 101 Feb 2% r Jan 40 101 > 10% Jan a64'/2 —25 — Corp—y Jan Jun 8 7 National Bearing Metals 13 Vs May 75 5% 17 21 % 100 5% common—i———A_ Blanke Meyer 8'/8 y 32% May < 50 a22 % Union Carbide & Carbon Corp Aircraft Mar 53% Apr 10 4% 4'/8 1 25 Apr 100 A_ common 6% Mar 25 146 Jan 6% 33% Feb 17% Mar Jun 44 10 3'/« 18'A 10 . Jan 3% • Feb 13% 20 •35% 3'/a a Inc.* (New Jersey Oil Co U S Steel 'Jun ■ Brands, Corp .125 12% 12% a • Mar 50 6% 5% common-- Rice-Stix Dry Goods Co... Swift & Co.—i—* United a3% 2%. 2% Mar National Studebaker Corp United 20 v Ry Co Standard Texas 100 a Southern Standard & 10% * Socony-Vacuum Oil Co Stone >10% * Corp Steel 20 2 a2% 15 16 20% 63A Laclede-Christy Clay Prod common.—* 7Va * Radio Corporation of Republic 2 *■- —50" —— 5 , Jan 13% Jun 10 Laclede Packard 28% May 16 20% —-100 -—r-r——————-5 " . High Low 2 29% "29%. __ Hussmann-Ligonier common-———_* May 6% 70 7% '•Jl. **i.* —_— 29% 28% 7% Hi-- Inc.— Aviation North American North : Range Since January 1 High 20% — 25 ——1 common— Huttig S & D preferred i- Shares Feb 37% 24% 250 ' 40 V» a40 ——- " for Week Low' Par Ely & Walker Dry Goods common a Sales Range Sale Price STOCKS- Jan 28% Apr 13% Mar 25 27% 28% Apr 24% r 200 25% • of Canada Co Corp„— Copper Loew's Inc 22% Week's Last Jan 9 Jun of Prices Friday 21 T Jan Apr 6 100 30% a30% Co.—i.*-. Nickel International .6 25 .i,— Corp— (B F) Kennecott Co—: - Exchange 8% Mar Jan . General 593 Bell Teletype SL Associate Feb 55 % 1 % May -6 - New York Curb Exchange Jan 13 3A 33 3A Mar 25 6 4% Feb 23A 120 ' 20% 20% riifif:'!, ■ 8% ... Jun 13 35 1 Postal Long Distance Chicago Board of Trade Associate Member Chicago Mercantile Exchange Chicago Sto.ck Exch. Jan 60 • CEntral 7600 St. Louis Stock Exchange 36% Mar 6 35% > 28 % Jan 29 Phone New York Stock Exchange Jan 129% Mar 233A May 105 51% , a35% Columbia Gas & Electric Corp.— Commercial :a507/a a507/a ;****:—_* "Apr 103 —.—100 —. 4% 50 a43/a . Co *—50 Atchison, Topeka & Santa Fe Ry__.100 Aviation Corp (The) (Del)—*_•——3 Caterpillar Olive St.. ST. LOUIS 705 4%c Mar Members w- Copper Mining Steel 1922 Jan '. Co.———* American Tel & Tel Co Bethlehem 6c ' Smelting & Refining Anaconda Edward D. Jones & Co. Established ' Amer 1,000 3c , 4C 4C Standard San Corp—* & High 10% Mar 3% May May — Stocks— Unlisted 7 3'A . 3c Co—10c 1 Cons Mining Mining Co— Amer Raditor 100 4c 3% — Mining Stocks— Zenda Low 7 St. Louis Listed and Unlisted Securities Range Since January 1 High .i Vultee Aircraft Inc— Black Mammoth Shares Low Par i for Week of Prices Sale Price STOCKS— Sales Week's Last , 2.00 2.00 22% 22% 13'/a 1* 1,715 320 36 18'/a Mar 8 86% 14 6 22% Jan P'eb Feb Jun 10% Feb Jun' 96 Jan 3 4 Jan 4% Jan 380 10 May 13% Jan 200 6 Mar 274 1.95 1.8 47 500 Jun 13% Mar lo uun 7 3% Jan Jan 23 Jun 15% Feb . 2446 THE COMMERCIAL & FINANCIAL CHRONICLE w- Monday, June 29, 1942 OTHER STOCK EXCHANGES Week's Friday Last Sales Range Sale Price STOCKS— Low Par Friday for Week of Prices Range Since January 1 Low High STOCKS— a 4% & Tel Tel American Co — Anaconda 253/4 415 24% 24% .100 43/4 Jun 128 y2 27 May Bendix Aviation Corp Blair Co Inc Hill & & .—5,i — a293/s ■' capital——— ' \ ...2% Sullivan— ?93/4 York New 3/a a8 32 Feb 50 " a2 —10 common. Consolidated Edison Co of N Y. Consolidated Oil ♦ Corp.— * ; a4 'Z2a Curtiss-Wright Corp..— 6 2 a2 13% , North American North American Co 13 % 6 Dominguez Oil CO— 26 . 25Va 253/a Co—: Electric 26 253/a Mary Mines Corp—__———1 International Nickel Co of Canada—* & Tel a25 y» 253/8 common——* 32 y2 Feb 40c Copper Corp common * 28'A Radio Motor, Co common— 23/8 2V2 Santa Steel Cruz Corp Port common.-..—_* 6 8 3/4 Jan So Calif Edison Ltd common— May Apr 24 Mi Apr 293/a Jan 22 3/s Apr 28 Jan M J & M & M Cons—...... 1 4 2.00 Mar 2Mt 6c 100 6c 3 Jan May 363/4 Jan 9c 27 y2 May 5c Apr 1,000 "3 Mi Jun Feb 23/8 Jan Feb 3 Va 6 3/s ,3 Vb 480 2 :RI33/4 2 Ye .197 ,, common——50 15 133/4 15: 90 7 ; . -15 :" 25 13 3/a May a279/a 25 Mi - Standard Oil of N J—- common. Jun 15 Ma Apr 17 Jan ' 16 25 y4 35' "• 67/8 May 140 7'/a Jun 15 Apr 203A Jan 25 428 27%' Jun Mar 28'A Jan 26'A Jan 23M2 May 35 170 30% Apr 4 10 4% Jun 5% Apr Mar 16 y4 Jun 4lMi,Jan Title Guaranty Co United Aircraft Jan . - 1 ; 320 18 25% 25 ___ 15 10 7'/4 173/s preferred -^————25 5 'A % preferred 25 ; • a4 Jan 263/s May 26 5/8 May 215 28 % 2MB 3 % —ki— of America Corp preferred——* 16'A Corp capital...__„5 United States Steel common—.' Kenn Feb 1.50 Mar 10 Jan Jan Packard 47/b May 30 23/4' Jan 8 3/a 100 Socony Vacuum Oil Co.—.15 600 253/a 23/4 International Tel 13% Apr 31/4 Feb 559 2.20 May 50 3 % 7'A May 64 7% .——20 Sugar Co— Studebaker Corp 2.20 Idaho Jun 50 Jun Jan 70 25 3/8 Jan 73A 6 Mi 10 3/4 6% General 2.60 a7% 6'/a 130 v May alOVt 133/4 28 6 ■; 29 Mi 1.40 1 — 2% May ll'A Mar 370 4 ya 3/a Apr 100 1.50 24Mi 10 common.. High 195 a6Mi Aviation. Jun 11 Vs 8'/4 Mar 9 Low 283/4 1.50 capital. Jan Republic Cities Service Co RR -5c Range Since January 1 High 283/4 37 'A Mar May 30c 65 216 83/8 Central ; 1.60 1.15 Mar 29%, Jan , 33c 32c : . City Copper 28% 2 3'A May 20 Jun Mountain Olaa Bunker Low , , Shares Jan 100 32 V2 a32 % 24 150 1.50 1.50 —5 Top & Santa Fe__ 33/4 104 3/a 25 3/a ._50 Mining Copper Argonaut Mining Co——; Atchison 117 786 Apr Apr 4'/2 114% allO 253/8 —14 Viscose Corp American a 4% alio .100 of Prices Par Montgomery Ward & Co Sales for Week Range Sale Price High Unlisted— American Rad St Sntry— Week's Last Shares 16'A" .. a243A » a Utah-Idaho Sugar Co common..——5 Westates Petroleum preferred-i.^1 10 243A 13 ' 20 26% May a457A 453/8 53 2.15 2.15 67c 119 55% 200 V, 67c 32 3/a. Jan ~ 443/4 ' 453/8 2.15 1 Jun 2.15 65c Jun Jan 3% 80c Apr Jan Jan CANADIAN MARKETS--Listed and Unlisted Friday Montreal Stock June 20 June to 26, both Last Week's Sale Price Par Algoma Steel Power Paper A of Canada Telephone Co Brazilian T L Silk Bruck 8 10 8 17 18 950 17 Jun 12% * 12% 123A 545 12 Mi 100 135 135 9M> 148 Va 574 8% 93/s 1,104 6% Jan 4% 4% 5 50 4 Mi Jan Scotia Royal Bank 13 300 11 Mi Jan of Bulolo Gold Dredging 5 7% 8% 205 Jun 5 Mar of)__100 of)—.— 179 178 179 270 Ms 270 149 Canada Cement Co Preferred Forgings class Steamship preferred B__— 7% Car 7% 19% 150 M4 149 ,—-.100 Jan 12 6% 50 26 Va 26% Foundry * preferred. 20 June to June Canadian Foreign Investment— Ind * Class Alcohol 100 common B Canadian Pacific Cockshutt Consolidated Mining Smelting & 293/8 Jan 32 Jan 135 27 Mi May 195 4 Mi Mar 60 21 Mi Mar 25 Mi 25% 515 213/4 Mar 27 123 'A 150 116 11 120 Mar 114 % I'/p Aluminium Cork Distillers Dominion Seal & Co Seagrams Bridge * 125 Mi Feb 116 15 Jan 18 3 Mar 3 % 3'A 75 3 Mar 33/8 8 8 10 8 May 8 5% 2,305 5 Jun Bathurst 6'A Mai- 6 5'A Jan 6'A Mar 37% 750 21 21% 20 35'A Jun Preferred Pwr & • 39 Power Dominion Tar Dominion 100 100 B__ 2IM4 Mar 22 3/4 Mar 24 12 15 Mi 115 30 112 Mar 150 8% pfd—100 British American Oil Columbia Packers Jan 10 150 Jan 9 471 88 88 25 6M4 — 85 Mi 26 % 115 * Dryden Paper.. 75 75 * Foundation Co of Canada 753/8 4% —_* 13 — 230 4% 140 13 25 73 Apr 3Mi Canada Power Co... 7 lo & Co Ltd common .... Canadian Jan • Industries Canadian Power & Vickers Catelli Food Gypsum, Lime & Alabas Paper 88 Jan Jun Dom'nion Jan 82 Apr 6 Woolens 6% Jan 16 Oilcloth Donnacona Aircraft Jan Ford Motor Jan Fraser 3% — 25 87 May 5 / 2 70 Jun 92 Feb 130 3% 100 2 5/8 Hamilton Bridge Co * Hollinger Gold 5 Mines.. 23/4 8.00 Mining. 3% 99 23% 23% • ■ 820 • 2% Imperial Oil Ltd..; 2 M2 70 Jun 33A Apr of Feb 6.75 Mar 3 M2 Canada Companies Ltd Voting trust Jan Freiman International Corp Ltd Jan J A 6 %■ International Nickel International Petroleum Lake of the Woods Lang & Sons Ltd Laura Secord of Co Mackenzie 100 Jan (John Jan Massey-Harris Air Ltd Jan Mitchell, 9% Jan Moore common Steel 125/a 125 ll'A Mar 13% Jan 16% 250 16Mb Mar 17 Ma Jan Thrift Stores 6Mi% 12 Feb Walkerville 10 5/s Jan Walker-G 21 S" Mills Steel Co of preferred Preferred United Power 1st cum Jan Jan East Apr 20 Jun Eldorado Apr 26 Jan 34 30 12 213A 270 23 29% 15 29 Apr 133A Jun 17 413A Mar 52 133/4 45 44% v;:"- 409 % 20% 295 20 Feb 4% 183 3 Mar 8 4 ' . 925 11% "12% 3% & 106 .» common 104 - 1.25 10 26 127A 12'/a 104 M4 Feb J an 7 V* 22 4 —; Apr Ma 11 Jan Jan Jan Pend Perron ' 27 1.25 430 760 28% 235 13 3/a 758 104 .May,._ l.HJMay \ 10 „ 26 12 M2 May Jun Feb 106 common Goldfields Lake —— footnotes see ]page 2448. Jan Mar 1.25 Jun '25% Jun 6 % Jan 10 5% 50 / Jun 1.90 300 Feb 23/# Jun 1.65 1,081 June 3 'A Jan 35c Apr .18 10 ; 200 8 7M» Apr Mar 25 Mar •, 85c s : . '•/• Feb Va 1.10 7' 15 2% Mar 6% . Feb 20 75 /■'/•' 9Ma , 22 , 55c 60 i- 3 9 Jan Jun Jan 23 . 161 1 21 1.10 Feb Jun 7 3/4 Jun 4 Apr Jan 10 Apr Feb 2M4 495 1.75 Mar -2 Va Apr 27/8 25 2% Mar 3% Jan 18 /■;;/: 915 11 ; :'■// - 1 55 - 10c 18% 10 Apr 12 10 Mar 100 10% 14% Mar 35 275 ; 2 55 Jun 2 Jun 10c Jan : 10 ..v 600 ' 1.00 13% 55 i 3% - 75Ma Jan .100,; 2M4 12M4 75Ma 15c Jun Jan , Feb Jun Apr Mar 75 10% 75 1 Jan 2'A Jun 12% May 92 Feb Apr 10 ■y.y ■ 1.75 Mar 50 / v Jun 6Va 5% Feb 14 14 120 11% Jan 15 Jun 41 >/4 -100 393A Apr 45 Feb 83 67 6Ms .. 6Ms 25 ' Apr 85 Jun 73 May 6 100 Jan 14 .14 90 11 Feb 1.10 1.10 50 1.05 Feb 1.10 Apr 40Mb 42 405 40% Jun 50% Jan 83 — 103 103 M2 — „ 40% 103% 14 Feb May 13% 14 75 10% Apr 17% Feb 1.30 — Gold Corp , 1,40 3,300 1.22 Apr 2.24 Jan — 200 32c 1,000 20c Jun 205 .1.45- 65c T Jan Jan 1.20 Mar 2.22 Jan 110 353/4 May 41% Jun 55c Apr 65c May 88c Apr 75c 59c —. Jun 41c 11% V 100 39Ma 59c . 6.90 May 2,000 1.50 39Ma k/._ r . 50c Feb 20c 8.65 50c — Mines..— .1 Ltd 50c 20c 8.65 50c n , -1.00- — Mines Ltd/—---5 Oreille Mines & Metals Co___^_il Gold Mines Ltd— 63% 63% 200 58 68% 683A 100 66 Mi Mar Mar 55 3 Feb 41 Vs 110 36 1.15 135 n-.,l>15 ' 65c 500 . . v 6Qc ,1.20 1.70 1.00* 1.70 , 900 300 1.00 1 72c -Mar 1.70 1,300 150 50c ' 1.15 1 1.50 - Jan Feb. Jun 1.62 Jan Mar 1.31 Jan,".;. Apr 2.30 Feb Jan Sherritt-Gordon 13M2 Jan Feb May 63 Ma Jun Siscoe Gold— 1——;;;1/ Sladen-Malartic MiVies Ltd—;1.00 20c4 Mar lc 25 60c - 39C/.' j/,30O 31c May 25c j 57c,.: 500 18c Apr 600 50c 200 1.55 20c Jun :... . ,1c .... 39c/ ,1- 55c 25c 5£c 1.61 __1 500 20c ;,;20c 100 __ Ltd.;.;—/_ 1.00,.. Sullivan Consolidated Mines iv, ... -jt—'65c»,.-65c.,; .* 1.60 , , , . , lei, . Jan lc Mar Jan' 87c 49c Jan 31c , Jun Jan Mar 65c Apr 2.20 Jun Jun 70 Mines . » .« , 43 4 . ' Mar Jan 10 ,60c ,;1.15 :v —_1 Quebec Gold Mining-.Corp.;— '/__;1, Shawkey Gold Mining Go 'Ltd_.._/_jal'i. 105 ._■> 31 41'A * Jan Feb Teck-Hughes— 1 — 1. 1.00 23/4c — 1,61. 2%c 3,000 2%c Mar 4c Jan Jan Apr Feb 43% 80c Apr 1.15 Feb Commonwealth 60 60 10 55 Feb 60 Jan Home 12 12 40 11 Jan 12 Jun Royalite Oil 1.15 Apr Jan 35 19/ 12 .. . ^1 2.00 Feb 41 Feb 1.45 142 - 37 Jan 100 40c 2M4 75Ma .—1.00 V 15 Ma 9 — Jan Feb 28 27 ; 2Ms 10c Gold-Mines Ltd././....——il O'Brien Jun 105 — ■ , . 6 •». 1.00 —1.00 Mines Mining 4 50 * 25 __ * Ltd Mines'Ltd Gold Normetal 13 20 aI.2-2222122* 148 1.25 2 „ * ... Wood Cadillac Mines Ltd class 20% Mar Jun Mar 11% 3% '148 55 .. 25 ... Red May 10 3% 17 34% 1.15 , 115 __ —100 pfd.... 100 (H) Mines Mclntyre-Porcupine 3 105 * 29 -10- Limited—_——* Ltd Gold Malartic 11 10 — 15 5 .. ..10 1st pfd cum Lake Shores Mines Ltd— 92 105 25 Jan Jan • * —2* / - * 6 % Power Worts Malartic 220 4 17"% 15 Apr Jan 19% 21 ?% 12 pfd pfd Brewery Mines Jan 33A * Feb Mines— Dome 23 V2 7% Manufacturing preferred—_j. 100 For Mar 3 Ma 43/8 100 .... Corp..— Winnipeg Electric Zellers. Ltd 20 20% 5% Jun 33A » Wabasso Cotton Woods 6% McKenzie .—50 — Steel 1,710 133/4 . Jan Corp of Canada— 67 20% —100 & Sons preferred Canada 22% 43 43 300 1.00 10Ma- pfd.100 Pickle Crow Gold Mines Ltd.— Shawinigan Water & Power— Canada Jun * common... preferred (H) 67 29% St Lawrence Paper preferred______.i00 Southern 125 * .... Lawrence Corp—. Simon 254 19% — _* Power 2% Apr 2% May 3 67 L—* Canada Quebec Power A 10 29 21 v ._* ... Flour Mills.— Class 8 3 3 • Price Bros & Co Ltd St 6 3A Mar 8 Jun 67 ; Saguenay Power Francoeue Car Knitting 8 ' Noranda Mines Ltd Regent 70 3 * 17 M2 35 Mi 17 M4 - _—___* 12% 8 Mar 13% Jan 97/a - Jan Jan cum Ltd. Co 16% 8 13 240 Jan 2'A 2V4 10 ..100 Ltd 16% * Corp Weaving.., of 12 36 6% Ltd Distilleries Robert Corp * 100 National Corp Apr Apr ' Breweries— Ogilvie 10 29 Melchers 31% * Tramways National Power 75 1,212 ■ 29% —.100 Light Heat & Power Cons. Wire Jan 12% 3 Oil Co Cottons 9 29 Va * Montreal Niagara 12 Mi Apr 73A Mar pfd 5% Oil * — McColl Frontenac Montreal Jun 8 265 13'A Jun 109 2% __ Service..^———__* Co • Candy Stores Massey-Harris Mont 93/8 6 M2 A)._ 16Mb 3 Maple Leaf Milling Co Ltd common;./ 28 50 '• May - 1 Apr 800 com 100 : Southern Canada Milling Co pfd. Mar 1,287 Ltd. 4 7M» 7M4 Corp class A..—» 97 83A Canada 100 23 178/8 22 9 11 4-% 19. ._* 455 9% - Jan 1.10 * cum Utilities Class B 8 Va 11 9% • 13% Jan 9 * 432 - A Jan 9% Bronze— Ltd common common 103/8 8% * 9% - _* 14 9% '. Apr 40c- __5.00 May * Acceptance 1.50 6 ; 9 .450 5 Imperial Tobacco of Canada 10 1.902 . . 100, Ltd—J.—_— McColl-Frontenac Industrial 1.50 2Mb ; ; __ ..*•■ 20 10 99 23% * 250 8.35 9 100 ... Bay 3 — * Jun .*< pfd cum Fleet 2% 92 . _* Paper Co Ltd Dairies Ltd 7% Fairchild Aircraft Limited.- 87 165 Jan Jan 70 93 25 _* ———20 Jan 2% Feb 1.25 ; . — common.—.. preferred—.—. International Hudson Linoleum.. & 6M» 87 13 816 / 28% ._* Dominion Engineering Works Ltdu 6 70 5 __ _* •. Aircraft Corp Ltd....; Apr i" ; Jan 13Va 17 147Ma 100 —__.* Ltd Feb — Mar 7 35 Vb __ pfd.* common. 110 — ... —_* Ltd. Ltd Corp 135 ——• Howard Smith Paper common Preferred 1• pfd— 57/8 ■ 75c May 17 __ B— cum Alcohols Consolidated Cub Ltd 53/4 * May 4 153A 13 Mt * Paper Inv 5'h 7% Products Commercial Jan Apr 9Ms High : 50c 65 13 Mb — * — 5% 100 ; Low 70c 1.00 53A 100 — (Charles) Preferred * — Ltd * _ preferred Gurd Ltd * General Steel Wares Range Since January 1 - 45% Breweries Preferred Eastern Gatineau Shares High 1.50 * Malting Co—:—— Canadian Mar Feb 13 Co for Week 152 Ma May Jan Jun "B" Canadian & Dominion Sugar Co May Dominion 1 Textile 610 V 126 12 150 ——25 Chemical & 22% 115 sales lists Sales 43A — Corp. British Jan 23% Mar Jan May 2 4 M2 Mar 12 85 153 Mi 9% Ltd Paper Co Jun 23% 25 ^ Coal May May 13'/a 13Mi ... . Mar 213/4 23% * : 21 147 92 100 ___ Brewers & Distillers of Vancouver Ltd_5 80 35% Apr 70c — Jan 300 — * ... Dominion Coal preferred Dominion Glass common Dominion Steel & • Jan 273va 43A 100 preferred Ltd— Low —• Beauharnois 3% 35% cumulative Canadian Crown 188 Jan from official of Prices Par Jun 16 Va 75 Jun 270 34 Range Sale Price Abitibi Power & Paper Co 6% cumulative preferred— May 53/4 5 STOCKS— Jun 6 5 -T, 5 * . 5M4^Mar Jun 3% -. ** 25 Plow Jan 7% 3% ■ * ... Ry 19 Ma 16% 3% * Locomotive... Canadian Jan 123 123 * Canadian preferred— 183A Apr Feb 178 3 Week's Last Jan 25 Mi 152 May 113 / 26, both inclusive, compiled Jan 102 627 24 24 ■ .—.100 ... Cottons 5 Jun 116 * Canadian 27% 5% 24 25 Celanese preferred 5 Mar 723 31 30 5 4 97 50 7 High Jan 175 6 141 Montreal Curb Market Jun 10 435 19% 6% * & 4% 97 * .... participating Canadian 4% 97 ' w- __* ; . Canadian Bronze Canadian 4% : Canada 5 % * common—— ... 29 270 Ma Friday Canada Low 148 Ma 148 Ma 100 : Canada— 13 3A May 13 135 Bank of——100 (Bank 5M4 May 13 Range Since January 1 14 Ma Jan May 8% * <*• High, Apr * Building Products A Low Shares Jan 19 * P & Mills (Bank Nova High Jun 17 : & Low (Canadian Montreal Range Since January 1 High 8 Corp Bathurst Commerce Shares Corp Asbestos Bell Range of Prices Banks— Sales of Prices Low Sales for Week Range Sale Price Par for Week • Week's Last . STOCKS— inclusive, compiled from official sales lists Friday STOCKS- Exchange Jun Oils-— Oil * Co Petroleum Ltd.— Ltd.— Co Ltd I8V2C I8V2C- .* * * — — . . 3,000 2.25, 1,070 2.20 17'/a 17 V2 10O lS'/aC 2.20 17 Jun Jun May 18%c 2.70 19 Jun Feb Jan ; THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Volume 155 CANADIAN MARKETS - - 2447 Listed and Unlisted 20 to June June Exchange Last Lake Friday Last < > STOCKS— Abitibi 6r/r Power & preferred Alberta Steel Astoria 65c 4% 4'A 23 'A 23'A Quebec ——1 .— 1.05 Mar 6'Ac 8'A 75 54c 2,240 97c 97c 97c 100 21 20% 22 282 19% Jun 25% Jan 19 19 19'A 215 18'A Apr 23% Jan Little Bank of Barkers Bread 3%c 227 Radium.—.. Gold 227 - - v Long Lac Class class Groc 16 60 ;4%c • : 4Vic 9 Jun Macassa Jan MacLeod-Cockshutt 1 70c Beatty i 1st preferred....100 100 Ltd, Bros, 2nd Bell preferred .— _ 134 « Bidgood Kirkland 1 Blue 26 1 'vV:9%c Ribbon preferred————50 Bobjo Mines —— — Bonetal Gold Mines Led.. Bralorne __ Mines 1 I 25 9%c 7.00 ; Traction... British Packers————" Columbia Broulan Porcupine Mines, Ltd— Buffalo j 7.25 Buffalo Canadian Gold Mines Building Products 6'A 12% 36c 2V2C 500 lc 7% 7% Jan Massey-Harris common Cad well. Linen Mills 2nd preferred Calgary & Edmonton Corp— Class B Canada Canada 9'A McColl 38 Malting Northern Canada Power...: Canada Steamship Lines.. Preferred Canada Class B Cable & 35 20 .'65 ;' 21 * 5 120 123 * —— " **-.50 class A..: Jan May Jun 19'A 19'A Jan 101'A Mar 19'A Bank of Commerce..__._100 1 Preferred Feb Jan 7% 29% 100 Preferred Canadian Dredge & . Jan 24% 19'A May Dock Co———" Jun Feb Malartic * *• * 35c 60 Jan 120 5% Canadian Pacific Ry Canadian Wallpaper class B—_—" Cariboo Gold Quarts Mining__--.___.-l Central Pat Gold Mines ' 1.08 92c ; —.1 * Central Porcupine—— " Naybob Gold Mines, Ltd—.1 1 92c . v> — • Noranda Mines Research Corp....—. __1 Chesterville Larder Lake Gold Mines—1 Cockshutt * 62c —" Mines 5% 71c Consolidated Bakeries Consolidated Smelting— ———*.L—* 6% ':.;il0 Nickel—.... Ontario 10% - Nickel Denison — 10 ; . 35% Jan '• 13'A 173 173 174 s. Dominion Steel class B __ * 1— 16% ..25 Foundry common— Dominion 8% Dominion Woollens preferred 7% 20 . 450 Eastern .1.'—1„—> Oil Crest 2%c —1 1-32 Malartic.*^... * ^ j Eldorado Gold Mines, -„v 53c ^ 2%c 1.000 1.30 ,1.48 47c 53c ?. 11,900 2%c Federal Kirk Ford 16'A —" : —• 2.65 16'A — —.——" Gold Mines— Francoeur 190 a: Gold of preferred——100 S'A'f preferred General Lake God's Ltd...—: Mines, —.—*• —~± ——I Goldale Mines Ltd.—* v:; — 1 G^ite Mining Co__*.— .1 Goodyear Tire & Rubber of Can com." (voting trust).—." (voting trust) * & Alabastine * Preferred Gypsum Lime —_* Bridge Co__i— Rock Hard •' Sigma Mines 17'Ac Jan 55c 6c Jun Jun Dairies Preferred Mines Ltd—1 Harker Gold Jan South Dauch Hinde & Jan Standard 18% 9'A ..... 5 Hollinger Consolidated Gold Mines__._5 Home Oil—— —♦ •, 8 Jun Steel Hudson Bay & Huron -1 — ...—* Mortgage Corp——100 Mines.——.— Erie Mar 4c Apr Feb - Jan 2.30 : Jan 53 c Jun 3.60 / Mar Imperial Jan 42'Ac Jan Apr Tip-Top Tailors Toburn g —1 Inspiration Mining & Devel Co class Metal International Preferred A .100 International Nickel pfd 6 Jun - — Petroleum International 147 Waite Mining Mines Jellicoe Co... „_1 ....—1 —... Mines, — < — 17 Co. /I __ Canada.————* Kerr-Addtson of — Gold Kirkland.Lake Gold For footnotes .1 Mrnes.. - Mining—45c see page 2448. 6'Ac 146 155 May Jan Feb Jan Jan 16% Apr 19% Jan Jun 2.00 Jan 1.10 10 15 May Jan 12'A Mar 14 Jan 2,000 68c Apr 80c Jun 65c 65'Ac 4,095 62c Jun 97c Jan 5.20 145 8'A 8'A 6.00 Jan 4.05 May h/:\: Apr 8'/a Jun 757 6 Apr 7 Jun, 145 4 Mar 7'A 120 65 May 89'A Jan Jan 8 6'A . ■ 7 7 / "4 70 ■ ; 5 73 38c 38c . Jan 1,350 30c May 49c 24c 24c 2,600 17c Apr 34c Jan 3c 3c 1,000 2'Ac June 5c Mar 3% 3% 3% 100 3 Jan 3% Jun 63 63'A 92 57 Mar 63'A Jun 68% 68% 70'A Jan 1.05 1.40 12c 12c 2,000 1.50 1.50 410 _ . / ' P'fyj'mt ■ / -S" 57c . ft' ; : /I 10 200 1.55 1.66 3,825 Apr 1.50 May 1.15 .. Jan 13%c Mar Apr 50c ... 1.96 Jun 8'Ac : 400; 10 - 67 20 15,350 1.70 65c Apr 1.98 1.15 Mar Jun Jun ... 1.55 —-1 preferred.^—100 ' Jan Jun 2.34 10 100 18 18 10 16'A May 20 Apr 69% 70 14 63 76 Feb i: 4%c 1 —* 4%c : . , 500 3,000 97 Apr 80c May Jan Apr 5c Jan 5% Jun 1,326 31 20 4 555 83c 90c 13,700 4.30 1.015 3.00 9c 10'Ac 84c 1 6% 3% 3% Steel— Feb 50c 5'A • Jan Jun 4.15 - 1.10 lc 27'Ac 29'A V 50 May 106 Jan 98 80c * 100 .... , 98 80c 27'Ac 27'Ac Upper Canada Mines Ltd Apr ^ — Resources ... 1.55 11'A Jan 80c 1 —* 8'A May 3,000 5'Ac 29 Apr 2% Mar 59c Apr 10% 36 Jan Mar 4% Apr 1.24 Jan 3%c Jan Apr Ventures Mar 50 Jun Vermilata * —————*—— 1 Oils Apr Jan 5.00 13c Jun May 2'A Mar May 3% 4.25 4.25 4.30 2,119 40% 40% 41 130 —" 19 19 19 70 ——1 15c 14%C 15c 7,000 29 29 10 18 111 25 109 Ltd— — Jan Wendigo Gold Mines Jan Western Canadian Flour Mills 4'Ac Apr 4.05 _* G & W common—..." Mines, (Hiram) 55c Apr '7-: 8c June 40 Apr Mar 4.80 Jan 50 Jan 18'A Apr 21 8c Apr 15c Jun Mar 29 Jun Jan Apr 111 May Jun Jun 20c 11,000/ 1,000 2'Ac 14o Jun Feb Mar . Jan , pfd—100 Western Grocers preferred 14 . 9'A Mar : Jun Weston 10.50 Jan 2.70 Feb 6'Ac Apr 20c -100 I—* " 111 111 9% 9% —...—.100 ♦ (George) Ltd common class A Winnipeg Electric Preferred — 10 205 1.15 1.15 109 10 10 12 93 2.15 2.15 2.30 3.890 9% Apr 11'A 75c Apr 1.15 Jan 6 May 12'A Jun Apr 2.90 Jan 1.81 Jan Jan 28'/a Jan 21% Apr 25 46 Apr 55 1 175 Jun 204 Jan 87/a 9% 2,701 31c ; 6,700 Wright-Hargreaves Jan 180 288 410 5'A 100 , 7% Mar 9% 20c 9 Apr 12'A Apr 31c Jan Toronto Stock Jan May 5 May 89 May 99 115 June 20 to June J an 92 30 25 31'A 12% 1,718 29'A Apr 36 'A 11'A Mar 13% Friday Jan 1,788 Feb 1,500 7c Jun 16c 2,700 15c Mar 29'Ac Jan 2c 500 2c .Jun 2 'Ac Mar 7'A 7'A 25 20c 4.05 45c 45'Ac 12,150 3,100 7'A Jun 2.93 Mar Jan 40'Ac Apr 8V4 Mar 4.40 62c inclusive, compiled from official sales lists Jan 113 111'A Exchange-Curb Section 26, both Jan Feb 75A 7'Ac • 3.20 5.20 •,:» t ;»v. 1 — Mines Ltd— Uchi Gold Jan 2.25 16c 23 50 3.85 20 " Union Gas—• I 7c 15'Ac 2c 4.00 1.10 Apr 4% 1.64 Mar 279 1.10 —.—1 —.—:* United Fuel A———— 29% 12 I— Ltd. 17'A 57c Apr 3 59 2,400 Apr Last Sale Price STOCKS— Silk Canada M'lls Consolidated Fraser Co, Ltd Marconi Co Ltd 10 4'A 5'A 44c Feb Jun Jun 55c 500 1.80 1.80 1.90 201 " —— Ltd ... Jun Montreal Light Heat & Power Jan Pend-Orielle Mines 4'A 5'A Range Since January Low 26 " 23'A 23'A 23'A 10'A 10'A 10 " 21 20% 21 151 1 1.17 1.16 1.20 2,000 1.16 May —1 Co.— Paper Corp Bridge Shares High 5'A —..." * Sales Range 4'A Ltd.. Vinegars, Canadian Week's of Prices Low Par Dominion Kelvinator 148 57c Jan Bruck Jack Jason 147 2% 39c 19,170 1.52 Apr 92 12 * 3'A 1.95 57c lc 113 113 2§% Jan 6,000 Apr 60 6.70 Mar 3% 5'A Apr 50c 1.42 20c Zi May 4,283 16c 23 50 •• Jan 4% Ltd.—*———1 11'Ac Apr 2c v 1,020 26'Ac — —100. 330 180 —— — International Milling 57c — 1,000 2.29 8% 9'A 2.20 ' 2.25 2% ./ Jun 1.10 Elevators common Walker 9% 1.30 25 3'A " —————— Waite-Amulet 8% Imperial Oil__r_iJ—Lir—*-__L_Al----'i' ; Imperial Tobacco ord—4; .5 1,750 4 1.77 0 Tamblyn Ltd common.—* Teck-Hughes Gold Mines Feb 180 100 Bank Jan 1.41 Jan Jan 22 , Jan —. 2.35 50 — Sullivan Consolidated Mines 3'A 23 1.38 May 25 16% - 3,800 Jan 3c Rock Sturgeon River Gold Mines Sudbury Basin, Ltd—-*—-* 2'A Mar -- 1.78 ; Preferred 11'A May 2% Homestead Oil & Gasr_——...———1 Howe.v Gold 1.70 1.80 -100 Canada— of Co 75 2.25 - 1.35 Apr Mar 251 1,000 Jun 4 — Radio 3% 8c8c 13 >■' 14 8.00 8.40 95c —- 1.75 13 8.00 Paper Co.———* 3,000 48c End Petroleum—— 13'A Highwood Sarcee Oils 1.05 1.35 Sladen-Malartic Feb 12 3'/a — 95c . Gold Siscoe Jan 17'A Apr 32c Jun 8'A :>■>' ———-i—— 25'A 191 May 3'Ac Mar 1,800 19c 0 1.75 36c 2c Feb 1.70 common ^ 47'A 3'A 12c V:''; Preferred 42'A 2'A 2,000 Simpsons class A.—— 47'A -35c 2e Apr 15'Ac 15'Ac 95c * 42'A — 4c 65c .. 35c 1.1 —— May Sherritt-Gordon A.—44--C——-—1 Mar.;./* lc 2'A 3c Jan 9c 600 950 Jun ..A . 85c 3c /■/' 10'A Mar 6%c May 1 % Jun 73 c Transcontinental 39 Jan 50c 3c __ 92 70c 77'A May 15 103'A Mar 500 Jan >/■ 6 % May v 79'A lc 4'Ac May May 95 50c Jan Apr 31% 2c 98 »/a 19c Apr 75 ;. 95 ■ Mar Preferred Hamilton Jun 9c — Great Lakes Paper y May 8 52 May 230 16c 7,500 5 . Jun Feb 19 c ... . / ————50 Preferred Jan 10c 13'A 70 500 4,200 Jan 38c Jan 50c 95 Rouyn.. 61% 2,500 8 2%c 8 Apr Apr Jun 5'Ac 13 Gold Mining River 80 A':, 6'Ac 23c 15c Senator 50 l%c 209,100 1,000 25 1.55 20 6'Ac 12c 13 %c Mines Ltd—A——1 75"% l%c 600 1,125 13 preferred— 75 75 V2 5% 5% lc lc 10'Ac 10'Ac 9%c " 97/sC 6'Ac 8c 16c Sand Jun __ 27c 3'% Mar 90c 1 Shawinigan Water. & Power.————" Sheep Creek Gold Mines, Ltd—50c Jan Jun Jan .. 1 Eagle Mines Golden Jun 48c 1 74c United Gold 2% 3 60c Jan 2'Ac 500 80 Jan 2%c 18% 3,500 90c Jun Apr ,4,675 Apr %c 14'A Mar A 61'Ac 500 l%c 74'A / —.1 Mines Ltd— Glenora Gold -* . Jun 3,928 27c * —'—50 Toronto General Trusts— 75 75'A 100 Wares—————_* Steel 2 %c 66c 2'Ac —100 —* common Antonio Gold Toronto Gatineau Power 57c 2,000 62c Mar %c 1,500 19c Jan Jan 3'Ac 5c %c 92c 2.55 May 15 1,600 1.04 52 %c 1,036 21c Mar 4———* 1 Mining Feb 2c 20c May 41 8c 1 17% .vt 85c 558 1 l%c — 1,000 44'A 2.05 Apr 32c •V 185 85c 42'A —_1 Amer 17'A -— A———/'gl7% class 2.65 17 Jan .1 C_—: of Canada— Power Corp Sylvanite Gold Mines, Falconbridge Nickel 'Mines——--—.*—* Fanny Farmer..————1 50c Feb Jun 2c 5,060 • 23c May 1.35 1.50 Jan. 1.22 . Apr 33c 3 Steep East Jan 8'Ac 1,000 15 ■A 6'A Mar • Jan 6,000 50c Metals Jan 4 - Jun 9 34% Apr 38c 11'Ac 12'Ac A;'8 East Dome—... 39 6'A .. Jun Jan 12%C Preston 132 16'A 255 295 172 550 4'A 4 7'A. 17 7 Jun 8'A 4,419 10% May 21 7'A 8% 21 190 4'A 28 1.60 2'Ac Mar 115 • 9 16% : 4 A :/ * Stores..— Dominion 900 30 Jan 2'Ac — Mines—. Mines of B San Apr 4'Ac 30 29 Jan Jun 45 Apr 1.50 May 14% 100 . Mines.—..— __ 648 8'A May 65 29'Ac May 39'A 60c Pressed Jun 12c 22'A ——* 1 0 Mines— Gold Cadillac Jan '< Feb 30c A 6% 1 28 62c Jan May 200 50c 160 ——* Porcupine Jan : •' Jan 1,500 12c 12'Ac 50c 4'Ac 22'A Distillers Seagrams Dome 50c A/ -vA:/— V' Mines, Ltd— Dominion Bank 12'Ac common Tubes Page-Hersey Silverwoods —* .1 Petroleum Davies Delnite Mines Ltd 43 * St Lawrence Corp Mar 110 6 40% 20c Jun 20c Jan 10'A' 10'A May V.. 5'A 375 1,100 .♦ Oils 12c Apr 60c 225 37 113 Mar 25c 48 Jun 1.40 85c ——1 Products Steel Pacalta 10 %c Apr 10% ; 13c 2 38c Pioneer Gold May 46c 35% 113 — . 500 48 Mines————A—1 Gold Omega Ontario Royalite Oil Co Ltd— 70c 100 18c 48 27c Royal Bank of Canada 8,600 465 May 18c Jan 3 Mar Jan 9,303 .V 2 95c _—...1 Jan 65c 6 IOC Apr 135 12c — Jan 1,700 71c 7%c 800 42'A Gold--Oils Okalta 1.30 8c 71c 1,000 .preferred—.5' 1.72 5c 5% /- 35% 5 Consumers Gas Co of Toronto——100 • Jun 8'A " Apr 80c 73c 63c Ltd—;——" Plow Coniaurum 74c A Gold Mines......1 Williams Cochenour 8c __ 3c 3 ———————1 Oil Nordon Class A Chemical May 1.15 40% — Apr 2,000 6c lc 6%c 6'A Jun 46c May 1.00 80c 8c 6c 1,000 25c Pickle-Crow ___——.——.1 Jun .r81 10 Jan l%c Jun 14'A V Apr 5 1,900 Apr 1.04 28 Jun 125 Mar 25c & 2,000 95c 3,800 50c 48 ——1 ....—1 5 > Nipissing Mines Ltd Premier 2,236 -5 -'6% 9% 9 Vi 1.06 1.12 58c _* 25% 9*A Apr 200 Jan class A——* 27'A Mar : 35c Jan 4 5'A 18c Paymaster Consolidated Mines —1 Perron Gold Mines, Ltd—.———100 26 35c 95 May 1.12 Jan " " Canadian Jun 36 7%c 6 21'A Mar ;::/ 175 74 205 56c • 22 22 12 : 7 39'A 1%C Apr 155 Jan 4 2% May 40 75'A 39'A 1 Ltd 3 3 Pandora 16 • 12 'A May 75'A Feb May 950 12 Apr 154 140 5'A 12 10'A 4% Mar ; 24'A , 1,025 Jan 57 Apr 60 -24 12'A Corp———* Car Steel North Star Oil 5% May 122 123% 24 11'A Jun 54c Feb 126 24 % — Jan 20 National Grocers common Jan 37'A 80 25 Canadian Celanese common 3'A ——1 preferred.—100 Moneta Purcopine Mines —1 Moore Corp * 5 19 18'A Canadian Car & Foundry common....' Apr Co 102 5% Canadian Canners class A...........20 2'/a Normetal Mining Corp Feb 5'A '22 145 148Vi 145 485 Jan 1.68 Apr Mar 2% Knitting Pamour Canadian 3'A Mills, Ltd Feb 49% 10 V , 3'A ..1 46 25% Mar ■ 5 C Jun —* Lake National Sewer Pipe 4'A May 427 ; 51 51 Jan 5% McLellan Gold Mines— National 9% May Feb 2.75 3% May 58c Monarch 1.20 Mar 120 205 7 26'/a. 27Vi. — __ —* —— 6% — > " 33 1.50 Mar 640 39'A O'Brien 5 100 .... —>•*——v Wire • 255 5'A Mining Corp of Canada— Model Oils, Ltd— 8% Apr 2.25 5 Apr 1.05 30c Jan May. 96'A 7 Jan 1.80 —.*—..100 14 Apr 4 420 97 34% _ 30 5 38 4Vi1 97 __ 2.22 common.......* Oil Frontenac Preferred 2%c May Jun 1.15 Mar 1.46 Mclntyre Porcupine Mines——5 Jan Jan Apr 98'A 119 27,650 — Jan 2.80 Jun 80c •200 ' 98'A 4Ve —.*——100 Canada Permanent Mortgage.. •: __ Cement'Co common..—--..* Preferred 9 'A 95c 95c 98'A .—.50 — , 9 'A __ 95c —" Canada Bread Co class A————100 1.60 —" Preferred Negus Gold Mines.. • 1.43 y Jun 61c 7'A May 50 7% Feb 18 11% Mar 100 6,800 Preferred 9% 18 Mar 13';• 6,050 43c , —1 Maple Leaf. Milling common 9.30 - Apr 2'Ac Jan 5,850 1.40 1 Fields Mercury Mar 91c 2.85 2.30 ——* Gold McWatters Gold Mines, Jun 100 700 Jan 2.12 1 — 32'Ac Mar 10,900 12% Malartic 2.02 Feb Jun 1.35 1.26 2.14 1.33 iT Lake 12'Ac Jun Jan 13 45c * — ■ ; 835 1.66 127/8 Jan Jan 32'A 6.60 May - 759 131/2 * Burlington Steel Co 10c May 43c J. —* Jun Jan 9c 1.65 44c .. 95 Jun '6c . 1,450 ■ ' 9% 16'A 13 'A 13 Vi 1 Ankerite... 25:: Apr -41c .1 1 I Mines, Ltd McKenzie-Red ^ 4,100 15'A Jan 150'A 4'Ac Mar 35 10'A 60c Feb 92c Jun Jun 5,500 8% 15'A*- • . Feb 110 Mar 10c 7.00 *" ... Oil American 76 May 6V2C 94c Apr 134 3,500 - Brazil British ■ Feb 10 26 10'Ac 10c 10c 56c 102 5 110 110 95 95 134 148% 6'Ac 7c __ Telephone Co of Canada..—.100 18 Apr 603 ' 5%c Jan 255 '.*■ Jan 2'Ac Mar 1,400 66c 66c v May 0»A Mar 38'Ac Apr 2c 1.47 Jun 12 1,000 — Feb May 225 * A B— May 3'Ac May '• 25 15 1 —_ 2,500 3Vic 227 _* common—..... Bear Exploration & Beattie 3%c ___1 _. ——100''-v Toronto —1 Mines, Ltd— Madsen Red Bankfield Consolidated 500 Jan Jan 8c 8 Loblaw l'Ac 4c Jan 4.15 6'Ac Jan 91c High 12 Apr 3.15 May 343 51'Ac Jan 1,700 6.75 4,065 3.65 1 7 2,000 Low 9.00 8.00 3.50 —* 3 27 8 85 75c 8.00 ....1 * Secord— Apr 8'A 2c 1.00 Ltd Gold May 1.05 •; —8 Mines,i---v-^—1___1 * 26 Corp Mines, Range Since January 1 High Laura May 21'A 5 Low Leitch 4 50 - High 50c 200 4% 23'A Gold Mines.— AUnor Low . 65c 100 preferred. —100 Paper common-. Grain Range Since January 1 Shares High Low Shore Lamaque Gold Mines Lapa Cadillac Gold Mines for Week of Prices Sale Price •——— Pacific Algoma Range Par / , Sales Week's Shares of Prices Par Inclusive, compiled from official sales lists 2fi, both for Week Range Sale Price STOCKS— Sales Week's Friday Toronto Stock & Metals... 44c " 25 1.60 May ' 1 . High 5 7% 60c 3% May Jan May Jan Mar- 22% Feb 24 10% Jun 10 % Jun 19% Mar 23'A Jan 1.75 Jan , ft is THE COMMERCIAL & FINANCIAL CHRONICLE 2448 Monday, June 29, 1942 OVER-THE-COUNTER MARKETS Quotations for Friday June 26 Insurance Par Companies New fork Stocks Automobile Par Aetna Life Ask 119 Bid Ask 26 54 28% Par 124 Home —Z_5 .10 47% 49% Homestead —10 123/4 25% 263/4 Insuf Co of North America —10 65% 20 29% 32% 5 7% 8% Fire. 54% 57% Jersey Insurance of N Y__ ™10 Alliance.™ American 193/a 19% Knickerbocker Z Lincoln Fire. —5 Equitable™. Fidelity & Casualty.,..—5 American . "• «' Amer ,';American . 16% X9% „ 42 f ' Re-Insurance— ...10 * . ; American American Maryland Surety Merchant Fire Assur—— Merch 10% Boston j 483/4 503/4 31% 6% Mfrs Shippers—...25 63 ..100 492 —— ... ' 66- North 7 183/8 Connecticut General Life...—10 19% . 143; 19% /Continental Casualty.—..—5 30% 32% Northeastern -2% % Re-Insurance...,._10 39% 1* Northern 42% 63/4 .—10 ..... z — 34% 13% 20% ...10 493/4 52% Fd of San Fr .—25 90 93 of ....5 9V8 V 4 81 National—/.—25 ..—5 24% 26 Va ,j;-Franklin / Fire 121 General Reinsurance Corp.. 115 120 83% / Gibraltar Fire & Marine Indemnity Co—. —10 34% Globe & Republic 77% ' ; 27c 1 Series C—/— 10.48 Fund, 6.87 1.00- 72.78 r 1 11.73'. Co.—...... 1 25c AFirsf^Boston Corp.. 10 Investment Inc_ 5.33 10% 2.63 6.30 4.87 ______ / 4.85 2.33 15.92 B 11.21 4.05 65c 14.56 U S El Lt & Pwr Shares A„ 32e 2, * 71.34 — Banking Corporations A Blair 2.83 & 12.96 i- 40c 9% 8% Par 5 37% 39% 20% 12% - 14 Va Co. .66% (Paul) Bensonhurst National... 4% Chase 21 22% Commercial National- National 18% 20% Rhode Island—— St Paul Fire & Marine. 35% Seaboard Surety 8 Va 9% —5 4 —. 62% National Bronx.... ' 26 .12% 10 Exchange.—. -.10 12 Ask 44 49 23% , 25 11% 15 141 149 Peoples National/— —50 45 51 100 530 560 Public National- .17% 26% 27 y8 First National of N Y... ■ —100 1015 —100 135 21% 23% Avenue...—— — 1045 140 : Sterling 42 3 4 40% -12% Penn ;i ( 24% 50 National City, National Safety./. Merchants 'I 5': 244 236 —10 — j' 90 .13.55 .... Bid Par 143/4 ■ ...100 Fifth 33% 42 ...50 Ask : 13% 5% 21% zZ.—10 Fire.. Manhattan 20% 23 Revere of 2 — Bid -z.10 Bank of Yorktown...... ■'.. 10 (NY)—/. (Texas) Bank 29% 27% —10 ". Reinsurance Corp New York Bank Stocks :r'' 1V. ■ Providence-Washington 5 ..._5 Union Bond Fund series B_. 11.45 ■ 58c 80% ' ,-s .—10 .... Fund—. 36% .—/——/".^.10 '• 1 .—5 Glens Falls Fire (Geo) 87% Phoenix ...10 Georgia Home 1 10c 32c 25C ; -z_25 Republic "' 1.81 Industry Shares- 43/4 Fire////— Preferred Accident——. Newark., -—1 25c ...... 1.85 Trusteed 85% 115 10% Firemen's —1 Selected Amer Shares_i_._ ._2% Selected Income Shares 22% Pacific 36% ...20 Fire Assn of Phila. '7jFireman's 1.52 Wellington Fund 41 123/4 12.50 " — 4.09 3.95 Class —*• _U0C Quarterly Inc Shares— Republic Invest Fund.^z— I« Scudder, Stevens & Clark 29% 39 5 — — Trusteed Amer Bank Shs— shares —._/. Shares— 8 . Fidelity & Deposit of Md —— Putnam ■- Pacific Federal'. Trust 1953—— Oil ASeries A— v ASeries B_——/.——. 20% •f 27% .2.50 Northwestern 148 " River.^ 1.56 7% Casualty/ —2 —10 1.66 D Trustee Stand 36% Series 1956— 553/8 6% New Hampshire Fire,/— —10 York Fire.—— —5 North ——5> 533/» New 26 H.vj Amer Series 1955.. . 21% Fire_//./_ —20 New Brunswick 24 ... 20% 2 New Amsterdarm 25% — 10 Liberty^ National" Union 16% Fire......: ' Trust ctfs. Plymouth Fund Inc——. , 23% Employers \ 6 5.03 Bond Series 1958—z . 512 ...10 Carolina../™ Excess Y__ —4 10 " ■ . Eagle N National Fire ,—10 j. Fire 4.56 C ASeries 4.46 No Amer 42.% : 58.54 1.75 ASeries 2.98 4.04 11c 54.C3 III pV 5.90 6.59 2.70 9c * Trustee Stand Invest Shs— ■ 7% -.2'/2 , ;/|City of New York.— > 393/a 5.35 5.98 Steel 33% 17% i; 6.28 Railroad 2'/8 57% ' % .Camden Fire—.1—5 ; 1% ' & National .t/. 9.03 ' Railroad equipment/— 33/4 54% _ Z_5 __ National1 Casualty../—/ ...10 Baltimore American .. 2% Casualty.— ——1 43% 97/a ...25 Automobile.. Bankers & 5.78 Metals > 12% ' 5.24 5.70 stock 11.24 50c St Investment Corp,.. Super Corp of Amer AA. M Ask 5.09 —1 z State 7.12 Bid 4.58 10.57 /._. Standard Utilities Inc 4.60 8.21 Series 1.10 4.17 6.47 Machinery . Reserve———. 6.64 Insurance ,7% ny8 /American ) 'lr .5 Massachusetts Bonding.— ,12% .American of Newark——,.-.2% 8.30 Oils 10% 6 4.08 7.54 ! Electrical equipment—^ 18% .1.10 Home 3.69 — Chemical • ...25 Agricultural Par Sovereign Investors.. Spencer Trask Fund 6.52 6.03 —— Bank stock Building supply______^. 66% _— Ask 5.92 Aviation , 143/4 10 ;—; 'Aetna Bid .10 Casual & Surety— Aetna Bid Inc—■ Agriculture 2 National—.—25 >*', 1 ! "''Globe • & Rutgers Fire com.....15 —15 preferred— 2d Great Amer /Great 63/a Indemnity..... —.2 American....:— i-"V . 2 A Halifax 643% Standard Accident... 9% 10% Stuyvesant 23% 5 • . Security New Haven /__ -10 Springfield Fire & Marine- —25 7% 603/4. 25% Sun Life Assurance— 35% 109'% 49% 51% .2% —5 —— .100 180 210 — -100 380 390 Par —10 11% 12% Travelers —10 21 22'% U —...—_ S 87% 45% 41% .... ..10 % 1 S Guarantee— -10 Westchester Fire—. , 35 .31 •/ 11% 51 ' ■ Kings County——— Lawyers 55 , :. Central Hanover—.™ >;--; 63 % 66 10 35 37 'V. Morgan —50 38 41 New Chemical Bank & Trust. Clinton ... — Preferred 23 26 30% 32 —. —20 52% 543/8 & Co.. York— 11% Corn Exchange Bank 81 Trust_20 Investing Companies ii'M ■' " "Par Bid 30%; 31% 38,% Underwriters Par Bid 100 '/• 150 ' Title Guarantee & Trust. 168 United 64% 3 —10 16 100 —; States..-/... 171 62% 12 ... 1120 161 -^.-25 Trade Bank & Trust 35% —50. ——— — Fulton Ask —100 — Empire i 25 ...... (J P) 1070 ...100 —20 10% .10 10% ... 9% Continental Bank & Trust 213% 9% common- 8% —.—25 Ask 208% 10 — 20 Bid -.100 /————_ Irving. Manufacturers Colonial "i Par Guaranty 37% 8 .100 County— Brooklyn ———.—/ Ask 286 35% 71 29% .2.50; 276 10 Bronx 43% 68 —4 ... ' U Bid Bank of New York- .—.100 Bankers 26 90% 42% 24% Fidelity & Guaranty Co..2 U S Fire Fire..—— —10 Hartford Steam Boiler..— -10 ,.r;Home Fire Security, New York Trust Companies 3% ... ' • •'Hanover % Hartford 33% 105% __10 — '; v" 3% 20 82 ...100 980 1020 Ask K Aeronautical Securities———1 5.48 Affiliated Fund Inc...——.1 % 1.75 '/AAmerex Holding. Corp 13% —10 5.96 j 'v 1.92 Group Securities— 14% ' American Business Shares—__ 1 2.22 American 9.56 .Agricultural .. 2.44 10 43 Foreign Investing.lOc Automobile Aviation tf Stand Assoc ././Aviation Capital Inc.—.—z—l . -4.49 5.70 8.82 *#•? 1 .*'• ;• Investing:— . preferred 3'/a -—5 ; .3% ; 4% General bond —10 2.59 ——5 11.18 12.03 Broad Street Invest Co Inc—.5 17.28 18.68 Industry Shares. Itind Petroleum Inc Ltd.————1 Fund shares*—, 9.88 . .Utility shares Fund Inv Century Shares Trust. Chemical Securities Christiana —-100 134 139 Consol Investment Trust 3.00 1 AA Accumulative Series ACrum A8% Forster & _„_1 Forster common...10 A Common A 7% B 100 preferred 24% . .27 ' ' 13.72 14.03 2.50 - D 2.50 Dividend Shares ; Eaton & Stock ' 3.85 25c 87c —1 14.54 4.40 96c Fund Fund— 15.45 _1 8.57 9.10 Equitable Invest Corp (Mass) .5 Equity Corp $3 conv pfd —1 -•'Fidelity Fund Inc • 19.45 20.91 "Financial ^First Fiscal '/• Industrial Mutual Trust Fund Fund, |Fund_—-.5 Bank stock series stock Inc. \ Inc— Insurance -•* 10c series 13% 12.27 119 ,4,46 ... 10.98 64c 1.32 10c 2.25 10 .(Fixed Trust Shares A Foundation Trust 14 13.20 131 98c 1.59 6 6L 2.62 2 13.19 14.45 y,.Fundamental Trust Shares A__2 3.35 4.09 Inc A 1 i'O' B General Capital Corp General Investors Trust / v V 101 100.30 . notes —...Feb «other . . - 101/ 1,1944 i; 101.3- Issues '■>. 1. ■. V S Conversion 3S—...z_1946 101.2 • 108% 108% 110 110% 127 129 3s_——..1947 Panama Canal 3s 1961 ' Electric 3%s 3Q9 • 23.28 25 03 3^60 3.88 Bid 33/8s 106% 107% 1045/a Ask 101% 102% — 103% 103% 1971 104% 104% — Southern Natural Gas Pipe Line 983/a 1949 1972 105 3%s, 1956— —; Wisconsin Pwr & Lgt 3 Vis, 7.87 B-l—_ 25.74 28.24 B-2—__/—_ 20.92 22.96 Series B-3_—— 14.30 Quotations For U. S. Treasury Notes Funds— B-4——/ 7.08 Figures after decimal point 15.67 - Sep 15, 1942. 11.82 12.94 Dec 15, 1942. —j— K-l___//___//—__ K-2 9.40 10.39 S-2 9.27 10.20 Jun 15, 6.75 7.43 Sep 15, 2.33 2.58 Dec Series S-3.__.-2 S-4__/„ __ _______ Int. Rate Maturity— 7.78 tMar 15, Loomis Sayles Mut Fund... Loomis Sayles Sec Fund... —* "l0 67.72 27.64 Bid 100.25 tMar 15, ,1946—— 1" 100.7 tDec 100.26 1 Sep 15, % 100.24 1%% 1944. % 1 _ 1 101.4 100.28 101.5 1945 ; 1946—...— Defense *A% — Notes— Ask 100.12 % 100.14 99.12 99.14 100.10 100.12 \ ... tSep 100.15 101.2 15, Nat. 100.30 100.13 % Mar 15, 100.26 101.2 * %% — Bid 1%% 100.24 1944, 28.20 point Int. Rate 100.4 1943, 15, a ... 100.23 1%% 1943, Jun 32ds of 100.17 13%% — 1944. 69.10 more or Maturity— 100.15 1943. 15, represent one Ask % 2 —_ 1943. Mar 15, — ' 15, 1944 %% 09.22 99.24 tDec 15, 1945— 3A% 99.10 99.12 b0.46 0.44 b0.62 0.60 Certificates of Indebtness— t%S ■ Nov t%£> Feb, 1, 1942— — 1,1943-...—.-. Manhattan Bond Fund Inc— Common _10c 6.54 7.20 10c — Maryland Fund Inc 3.05 3.70 Mass Investors Trust 1 14.75 Investors 2d 1 6.93 7.45 10 7.00 United States Treasury Bills 15.85 Mass 7.65 Fund Rates Invest Fund Inc (Colo) shares (Md) voting shares National Investors Corp. * July 15, 2.45 25c _1 85c 4.31 July 22, 95c 1942_. 1942 5, Aug 4.66 Security Series— Aug. series—j.. Income series,. Ask fi/r discount at purchase Bid 5.58 ~ b0.33 1942 Aug. Ask 1942 26, b0.34 0.27% b0.34 0.28% b0.33 Sept. 2, 1942.. 0.20% Sept. 9, 1942 0.25% Sept. 16, bO.33 0.(25% Sept. 17, b0.33 1942— 0.20% b0.33 - 1942,. 19, 0.20% b0.33 — 1942—. Aug 12, National are Treasury bills— Securities^— series B quoted Bid Mutual 0.25% bO.35 0,30%' 1942 b0.36 0.32% 1942 b0.36 0.32% 6.15 3.27 3.63 Low priced bond series _» —- Public Service' of Indiana 98 3/8 16.50 7.68 Bond III 1023/4 98 1972 3%s, Ask 102% Public Service Elec & Gas 3s 1972 July 29, 3.15 Shares Invest S 1.08 15.18 4.98 2^70 .Fundamental U 71c 1 Nation-Wide w ,) Penn 10.01 — Series Howard— Balance ■ Ltd—■ _/ Diversified Trustee Shares— —1 100.2 101.2 -100.28 - 1971— 2%s 1952 Distillers Natl Securities Series 1 — " 0.60 Bid Series 3.32 c - 100.14 ' . U S Conversion Cent 111 Pub Serv 33/8s, Series * Fund— 100 Quotations For Recent Bond Issues 1.82 /-Series Delaware ! 1.60 Series — Cumulative Trust Shares '• "* ' ■ 1943 at 100%— 1.19 Series 22.24 lll'/a Assn— 0.70 > 1944— 3, Call Jan. 3, 12.90 Keystone Custodian .1: 100 July 15, 1943-• .100.12 10c 1.09 Investors Fund C_ 117% 10 5c 11.99 Insurance Group shares.' Investment Co of America...10 ./ Insurance— shares 1%. Jan. 3.30 2.36 5 1.96 preferred—. & —Apr v i 10c Aviation Group shares./„ Bank Group shares 1.96 1 100.30 100.9 0.80 1, 1943 100.7 15,1942 ——Apr 15, 1944 Housing Authority— - 0.70 0.90 Inc 1— — Institutional — 1.63 mod 0.80 Macy (R Hi 1.63 1 mod AA Series ACC Crum series... —1 Fund Incorporated Investors.... 26% 1.70 1 1, 1942 Ask Financql Corp— —Oct — XV/a.% .11% . 1, 1943 2s———/—May 16, 1943 Call Nov. 16, 1942 at 100%.. 3.26 24'/a Corporate Trust Shares™.—.1 Holding Corp Foundation Common 1925 —....1 109.9 * 1, 1942 Federal Natl Mtge 2.67 2.72 Independence Trust Shares—..* 1825 Commonwealth Invest Series 8.51 com™100 Preferred . —Dec — 2s 3.77 2.99 ' > z—Sep = Income 23.68 7.86 ——z/_l Fund—. 3.90 2.13 — shares— p t%% 3.00 22.03 — 4.59 3.53 $%s 100.2 15, 1945 / 100.7 Banks— Loan Bid Reconstruction 100 10.83 2.40; Ltd.—1 .4.16 _/————Feb Home Ask J%S ————Feb' J%s 3.95 2.46 — ll%% ' 5.81 r Commodity Credit Corp— %# ——May 1,1943 Federal 3.46 5.283.58 v 6.37 2.41 — _ 4.41 3.42 . A.Huron Canadian ... shares———.... i. RR Equipment shares ■;\Y Steel shares Tobacco Bullock shares.*^/.—— Bid 5.10 3.13 Mining shares.../.—...li. Railroad Basic Boston ,i 5.79 Merchandise shares..... 2% 1 A Common A6% Electrical Equipment™. Food shares—— ' , Bankers Nat Y 9.43 4.00 4.63 shares. Agencies 3.53 5.18 shares 4.07 3.29 —... Chemical 4%, . 13.96 Axe-Houghton Fund Inc—1 s , 3%;". Oil Shares...—2 Of Governmental . shares.. shares Building shares.. / j 4.N? 5.10 Preferred stock series 5.08 5.63 s 9.08 9.79 bonds New England Fund 1 *No Cash par value, sale—not are a Odd included in lot sales, range for subject to all Federal taxes. b Yield Canadian market. year, x Ex-dividend, y Ex-rights, tin default, AQuotations not furnished by sponsor or issuer. tThese price, d Deferred :' 1 v delivery, r \ f'» Hi,' 'i; ^ /"V 2449 CHRONICLE THE COMMERCIAL & FINANCIAL Number 4085 Volume 155 Week Virginia—Huntington. Virginia—Norfolk . Week Ended June 27— . (6 cities) Federal Reserve 3,146,775,650 New York_. + 0.5 + 7.5 Macon— 241,034,195 Francisco San Pittsburgh—. Ten ; — —. five days— Other cities, —,«•— All cities, one day 149,225,000 + 14.9 159,390,098 + 15.1 123,491,899 + 10.1 Total 4,347,311,071 964,264,550 +15.6 +30.8 5,311,575,621 + 18.3 1,312,349,763 6,623,925,384 7,541,255,803 : CLEARINGS^ Week Ended June 20 Federal Reserve Districts Boston 1st „New York—, Philadelphia 2d 3d - +13.8 ' 4th Richmond 6th Atlanta 7th ——— St. Louis — — New York City Canada .—— Sioux City—. ■ .—; Moines— Des , Illinois—Bloomington Chicago . i —— Decatur.——— - Total Louis Illinois—Quincy_-_ Dakota—Aberdeen— 248,161,302 158,255,734 226.433.316 + 9 112,199,910 134.884,092 141,873,203 + 11 121,154,285 102,594,672 186,258,408 + 22 137,764.407 .Pueblo 97,811,614 + 16 73,234.125 131,024,528 69,880,221 342,762,466 + 23 134,662,059 159,009,240 ; Lincoln.——— —_ 267,523,313. 6.4 5,863,497,880 .5,380,002,823 3,830,340,543 3.6 2,829,654.255 2,448,694,223 398,479,724 351,538,658 / 1,075,708 498,367 1,010,380 -X ————" 4,021,802 . ———- 2,548,556 Worcester—-—. Connecticut—Hartford-.— New Rhode New Haven — 5,605,428 19,177,000 -- — Island—Providence +•',■■■ Hampshire—Manchester—_— (12 Cities) Total 698,355 367,279,445 —- 2,343,346 291,596,110 888,087 1939 1940 X'' York—Albany Binghamton Buffalo Elmira New .—— York- i— — Rochester , ! — + Syracuse-——— ——. Connecticut—Stamford-. Jersey—Montclair— — /'/. Newark 315,468 /'/' New 19,057,541 25,065,103 - Northern New Jersey — 1 ■' Total (12 cities) Third Federal Reserve 6,069,353 1,139,939 67,500,000 1,090,812 ~ 935,854 3,866,757,708 9,838,756 ' 7,453,534 7,045,625 — Jamestown — " — - (' V■*-''• :■ , —— — J:1 "■ ■' 0.4 557,541 466,783 + 69.2 1,890,438 7.4 1,924,768 222,691,252 + 21.1 752,552 251,255,0!£ 618 > X'. 460,154 + 8.3 544,676 1,006,469 + 0.4 827,213 ,624 + 11.0 3,278,513 5,652 0.04 1,665,848 3,806,091 469,578 ,+. 14,355,249 5,516,237 19,709,800 590,540 V: 1.6 2,051,587 12,898,637 4,279.394 2.7 12.189,100 + 18.3 678,468 483,903 7.0 262,673,701 ———. Philadelphia 563,000,000 1,261,051 — Reading— ———. 2,600,986 1,147,132 1,811,446 Scranton Wilkes-Barre • York- New - — - 2,965,800 Jersey—Trenton Total (10 cities) 576,637,542 —• Fourth Federal Reserve District—Cleveland- Ohio—Canton - Cincinnati » Cleveland — Columbus— Mansfield— ———— Youngstown Pennsylvania—Pittsburgh Total (7 cities)— ' 3,039,305 105,411,619 224,319,171 14,515,100 • 2,957,636 3,808,793 267,420,856 621,472,480 401,809,931 341,986,7Cj3 .v':V 8.4 101,700,000 86,300,000 + 21.2 38,780,691 32,069,841 4.9 20,994,219 15,955,251 — 2.7 725,000 559,000 +- 9.6 162,199,910 134,884,092 + + 32,882,764 — 792,000 226,433,316 3,223,679 3,094,280 68,646,793 29,682,608 24,123,586 + 2,128,202 4.0 2,440,903 + 17.7 929,602 2.0 868,014 703,686 3,951,044 + 13.4 3,472,740 3,038,549 141,873,206 .+ 11.5 121,154,285 102,594,6?2 2,966,180 1,033,527 880,702 — 859,576 149,371 -154,640 St. ; ;; 38,582,283 + 30.3 29,594,195 27,301,442 2,536,419 2,390,130 +25.0 <2,225,258 4,396,753 + 10.1 2,998,374 3,008,467 133,059,957 + 20.0 95,657,568 92,527,449 3,595,209 + 21.5 3,008,487 2,919,151 499,489 +158.9 ,525,568 796,881 + 19.1 644,428 186,258,408 +22.5 137,762,407 , 131,024 District—Dallas2,120,140 1,739,039 91,792,001 10,886,509 2,986,000 78,488,000 1,175,225 4,519,499 1,162,523 4,130,056 +21.9 +17.0 +20.0 — 7.3 + 1.1 + 9.4 113,479,374 97,811,614 62,045,569 1,077,207 :„v. — Worth 1,296,822 .2,7.81,807 —. ,1; Eleventh Federal Reserve Fort 126,29? . 4,838,779 159,628,178 v. . — Texas—Austin.— .-115,777 2,744,239 228,114,080 ; cities) • + 29.7 948,795 . Joseph— Total (10 9.3 — 2,845,110 4,366,793 1,293,352 t — - 170,469 103,600 83,641 + 71.7 86,999 ' —. — 1 ■ Louisiana—Shreveport (6 cities) 9,071,996 3,220,000 1,704,304 l,610,7flii 57,962,000 54,738,044 6,754,213 7,743,170 1,826,000 2,498,000 1,186,495 964,011 3,129,113 2,998,214 +16.0 73,234,125 69,880,22f + 34.9 44,931,811 38,191,361 + r Francisco- Federal Reserve District—San 83,676,545 69,090,559 ; 24,970,911 6,930,470 3,202,132 225,014,000 3,342,402 1,284,888 3,324,173 Utah—Salt Lake City ——" California—Long Beach Pasadena— —„—. - 39.2 1,435,432 1,084,548 53,553,840 + 29.0 40,310,433 31,873,670 20,985,387 *1.500,000 Oregon—Portland—:— + 19.0 16,730,059 14,859,069 4,295,844 4,021,651 33.4 + 5,196,182 —11.4 3,615,269 2,878,074 3,185,770 19.8 150,715,512 129,569,000 —25.6 19,498,986 San Francisco— 6.3 2,713,704 SaifciJose SaKta Barbara— 8,993,733 — 2,278,181 + j 3.2 + — X- Stockton— 8,153,384 + '1,138,031 + 0.2 1,252,662 36,500,000 33,800,000 + 52.6 526,080 435,218 969,908 + 3.5 684,498 832,847 3,742,754,349 + 3.3 3,156,507,570 3,024,162,491 9,360,768 + 5.1 8,217,302 7,018,447 Winnipeg 6,190,901 + 20.4 3,586,718 + 23.2 267,523,313 228,884,044 + 6.4 5,863.497,880 5,380,002,823 3,830,340,543 + 3.6 2,829,654,255 2,448,694,223 i. •«-' 4,491,545 —" — Ottawa 404,024 Quebec 18,957,099 Halifax-——^—-, + 0.8 24,210,219 23.258.894 'X-■'*■" 3,123,691,535 St. _ Brandon 1,227,927 1,080,144 8.2 437,000,000 385,000,000 — 2,080,465 —39.4 1,877,944 1,271,288 3,139,268 —17.1 2,330,889 1,467,853 —21.8 3,020,317 1,309,295 3.4 1,300,330 915,235 —35.8 3,452,300 3,909,400 630,593,147 — — 450,885,268 8.6 795,857 _ 86,169,382 2.5 2,184.849 2,086,211 + 22.3 66,804,380 53,731,531 — 176,689,854 + 27.0 118,565,811 89,957,322 14,066,200 + 3.2 10,803,000 9,090,300 2,919,513 + 1.3 2,160,003 1,732,574 1.9 3,803,621 2,265,002 159,702,089 272,874,300 — 236,241,717 + 13.2 523,087,430 +18.8 <• 40,014,586 26,844,074 33,716,926 17,736,302 16,530,014 4,696,157 2,602,436 6,421,981 — 5.1 6,620,674 3,424,574 + 28.2 3,413,404 7,566,236^ + 2.7 6,572,825 5,860,748 8,660,656 —22.5 5,884,878 4,797,386 8.9 2,035,913 2,603,797 2,003,212 + 2,125,467 1,875,079 3,390,934 3,059,309 4,921,938 3,952,65(1 3,768,696 3,444,525 313,852 4,852,478 5,398,456 + 13.3 7,693,605 466,401 —36.3 601,096 560,669 1,703,612 . 684,845 _ Fort 1.176,954 1,312,013 William New 827,451 1,254,420 Jaw Brantford Westminster 803,665 1,315,722 686,162 412,421 1,102,389 4.0 1,570,546 —17.2 689,827 584,309 6.6 1,365,274 1,018,824 0.3 976,558 739,489 + — + 17.1 713,786 618,117 —12.2 299,170 223,953 31.1 5.2 761,181 936,650 708,884 1,131,538 + 3.7 1,414,540 1,131,885 4.3 3,406,732 1,392,967 — 4,772,189 503,241 4,552,882 1,137,652 792,878 684,696 705,043 557,584 (32 cities) 481,787 + 832,966 . Kingston "Estimated. + . 762,079 1,141,421 + — Prince Albert Sudbury—. 7.2 351,371 1,190,592 1,342,095 Kitchener Sarnia + 999,380 _ _ Sherbrooke Chatham. 408,903 + 12.1 308,387 Medicine Hat Moncton— 1,883,675 0.2 — —23.7 1,771,347 Saskatoon- Total 18,230,939 —52.4 522,734 114,011,360 364,023,753 3,882,342 49,043,011 84,093,503 4,903,281 . _ Windsor 3,118,422 110,460,543 17.1 + 19.9 6,113,883 Peterborough 396,502,028 4.4 + 19,932,746 3,702,055 — Lethbridge_ Moose + 57,120,521 2,836,6:6 — _ Regina —17.9 135,034,310 118,476,957 2,000,119 John Victoria 503,217 792,200 407,880 # 118,353,509 6,715,032 280,508 ■■'./ 5.4 + . 137,284,090 4,390,610 Edmonton —15.7 $ 4.1 + 7,769,625 415,490 497,069 —34.1 % - 6,097,427 — -i.— Calgary 3,277,964,156 1941 163,066,852 1939 23,892,166 Hamilton 24,872,216 3.5 > ' X 66,895,231 5,065,816 + • 1940 140,928,227 _ _ 15,108,882 6,413,434 0.5 18 $ __ 415,380 — — Week Ended June ; wXX—; Montreal 19,246,480 1,874,129 4,616,100 1,383,218 2,163,375 342,762,466 Toronto 0.5 613,000,000 1.2 7,367,134,961 169,780,979 4.7 712,994 +' 422,336,080 1942 "v'+y/y7 Canada— + 1,413,422 1,431,607 2,355,030 •-+19.4 3,283,903 Inc. or Dec Vancouver 3,877,326,916 — 7,836,323,057 — (111 cities)—.X; 1,024,465 + 18.8 714,866 331,196 3,565,526 1,594,583 !-''r 56,800,000 7,084,198 187,845,000 3,969,565,349 (10 cities)_— Total Grand Total Outside New York 343,366,935 + ),574,533 1,727,124 Chester Lancaster +. 3.6 284,009,401 + 561,792 . — 3,271,83? 1,271,569 1,246,21^1 80,536,739 City London Bethlehem 1,395,526 9,145,800- 3,622,752 'T 2,547,484 District—Philadelphia— Pennsylvania—Altoona 1,521,445 2.2 2.1 Washington—Seattle —— 4,012,269,693 9.8 14 3,691,298 50,261,067 ■• New + + 9.2 v:. — Missouri—Kansas Twelfth S 1967 District—New York— Second Federal Reserve 4,543,044 2,025,287 + —* Wichita-—— Total 20 % + —10.2 5,084,383 277,860,71 967,1^ + 15.8 Yakima— 313,124,441 ' 324,475,145 -913,703 290,56^ 391,837 1.0 + 22.0 -T- 1,260,432 Dec. $ 3,975,703 — — . the statement showing the figures for each city for ® —..— + 40.7 394,695 426,803,147 . 4,369,964 —— Kansas—Topeka 228,884,044 7,367,134,961 i ;; Omaha four years: Massachusetts—Boston 3,462,4qa 38,050,035 - Hastings——— Dallas— 727,873 3,496,434 90,621,754 Colorado—Colorado Springs 228,114,080 Maine—Bangor,——*.— 7,426,872 + 29.1 District—Kansas City- Federal Reserve Tenth 401,809,931 — 8,964,954 4,425,575 158,255,734 + 730,707 1,067,00^ + 19.7 + 4,770,788 (7 cities) __— 524,120,490 District—Boston—* 18,163,33( 1,119,689 10,496,811 —. — 542,894,161 1941 5,514,222 21,456,769 + 22.3 —- Helena— 272,874,300 June 16.4 + 31.2 1,414,582 ... Montana—Billings Nebraska—Fremont 164,987,081 or 2,001,362 ; 7.0 — 7,221,490 —38,862,903 3,084,698 1,216,216 862,982 * 4,479,868 * — Dakota—Fargo South 284,009,401 179,279,950 Ended 15,599,00C 104,978,279 ; — North Total 911,967 18,645,000 55,358,552 —— Paul St. 1,276,448 1,813,285 20.6 + 1,392,96( 4,606,7q( " - 306,74$ 2,865,099 24,075,577 —248,161,302 - Minnesota—Duluth Minneapolis -a :• District—Minneapolis— 341,986,703 527,440,610 / 1,881,222 3,246,074 771,000 Federal Reserve Ninth '• 364,023,753 3.9 3,354,819 8.3 137,400,000 — (4 Cities)— Total 3,123.691,535 396,502,028 , 2.9 26,825,000 31,274,274 7 506,885,200 159,009,240 + 11.8 2,273,465 • . 3,277,964,156 450,885,268 3 - 321,475 — 2,227,579 .67,116,028 /; .... Tennessee—Memphis + 22 7.836,323,057 ' 3,969,565,349 2,060,244 '+ 4,428,111 149,000,000 — + 113,479,374 422,336,080 - + 17.4 423,264 ' 4,566,133 2,223,331 %,*: . + 18 1942 Bedford 179,279,950 District—St. Louis—. Eighth Federal Reserve Missouri—St. 248,888,718 '•' Springfield— +22.6 524,120,490 Kentucky—Louisville— " • New 248,888,718 1,528,140 224.612.315 Clearings at— Lowell—— 28,439,145 ■ 1939 262,673,701, . 8. — Inc. Portland 41,387,096 542,894,161 523,087,430 Week Fall River 24.3 —. — — 305,040,302 32 cities First Federal Reserve + (17 cities)————— Springfield 240,382,864 ' add our detailed ' 1,577,536 110,787 56,268,120 1,495,018 621,472,480 ended June 20 for week 120,338 32,344,000 /'.Wichita Falls now 6.8 496,942 4,298,397 -v 2,411,996 2,542,157 '<■ ——— Galveston We 42.9 + Peoria Rockford: •' 3 — — « $ Rapids Iowa—Cedar 7. X——X—--111 cities Total Outside 3, Haute + " " 10 Francisco 12th San 26.6 + 128,343 ' 3,020,409 8,404,867 31,587,687 1,730,568 12,560,348 5,712,217 555,308 422,374,463 XX/ 1,537,198 Wisconsin—Milwaukee + 'V M Minneapolis—— 7 10th Kansas City.. — 10 11th Dallas — 6 20,867,29? + 3,056,275 7 — — " " 9th 22,600,538 . 33,754,004''' .—.' Bend " 10 17 4 — 843,137 18,763,000 + 25.8 •• 343,366,935. " " 977,354 . 970,124 19,413,000 + 14.0 ; - — 3,877,326,916 630,593,147 - — .x 1,332,484 27,6 + 1,315,922 27,931,000 69,953,903 — 367,279,445 4,012,269,693 576,637,542 •• _ 10 7 ——_ Chicago 8th 12 —— Cleveland 5th $ 56,500,609 Reserve District—Chicago— Federal Terre v 1940 *!• 1941 -1942 - 12 cities ..— 17,099,51? 66,500,000 > — (10 cities) South '/ ■Dee. Inc. or: 14 20,327,525 Indiana—Fort Wayne—— day of the week in all cases has to be SUMMARY OF BANK y 4,568,601 + 15.6 137,052 Lansing '4.2 available at time of going Saturday figures are not : 3,831,465 + 15.6 "'+ 20.9 42,744,775 . Michigan—Ann Arbor Grand Rapids— 'i-+y//'/,/ In the elaborate detailed statement, however, which we present further below we are able to give the final and complete results for the week previous — the week ended June 20. For that week there was an increase of 6.4%, the aggregate of clearings for the whole country having amounted to $7,836,323,057 * against $7,367,134,961 in the same week in 1941. Outside of this city there was an increase of 3.6%, the bank clearings at this centre having recorded an increase of 3.3%. We group the cities according to the Federal Reserve Districts in which they are located, and from this it appears that the New York District (including this city) recorded an increase of 3.5%. The best gain was had in the Atlanta District where there was a 22.6% increase. At Kansas City there was a 22.5% gain in volume checks cleared; an increase of 3.5%. The best gain was had in the San Francisco District where there was a 23.2% increase. In Atlanta there was a 22.6% gain in volume of checks cleared; Kansas City followed with an improvement of 22.5%. Cleveland was next with a rise of 18.8%, Dallas of 16.0% and Minneapolis of 11.5%. St. Louis followed with 9.6%. Boston and Richmond both had gains of 7.0%, Chicago bettered by 3.6%*, while Philadelphia had a decrease of 8.6%.. , ■; In the following we furnish a summary by Federal Reserve Districts: ^ ■ 134,662,059 6,524,483 4,368,797 Seventh estimated. r 164,987,081 90,700,000 1,579,413 Mobile Indianapolis Accordingly, in the above the last to press. 7.0 + 25.1. 88,724,966 6,284,379,836 1,256,875,967 week Saturday and the ends + 305,040,302 Louisiana—New Orleans Alabama—Birmingham Complete and exact details for the week covered by the foregoing will appear in our issue of next week. We cannot furnish them- today, in as much as the week 224,612,315 1,091,814 27,631,158 Mississippi—Vicksburg 5,023,531,001* _—.—— Total all cities for 8.5 .'1,260,848,335 five days—.—•— Total all cities, 69,007,920 24,444,797. :■ days——Xx———X' cities, five 24.2 + 97,678,072 ,—.——-__——— Baltimore + 100,000,000 171,441,000 133,478,995 154,468,145 — , 30,332,602 35,138,170 i Florida—Jacksonville + 11.5 98,312,626 108,500,000 —' 85,623,223 2.8 *1,500,000 122,142,071 : LouIa St. 4.9 + 7,543,334 Augusta 424,000,000 268,670,991 .'X. —; Boston 312,885,782 456,000,000 ■ + 34,443,103 2,015,691 314,376,077 Philadelphia 126,494,328 109,700,000 Georgia—AUanta ..+ 18.7 1,546,959 31,938,580 Nashville 2,650,246,505 2.9 + District—Atlanta— Tennessee—Knoxville $ : 37,332,993 — 2,228,620 132,665,635 35,418,939 _! Total 1941 1942 , . 2,413,000 44,008,228 240,382,864 Maryland—Baltimore Sixth . 2,872,000 12.7 2,165,004 District of Columbia—Washington— 604,069 —17.2 4,170,000 56,402,419 Carolina—Charleston 371,535 + 40.5 5,857.000 63,552,624 Richmond South $ $ 873,845 723,662 West Clearings—Returns by Telegraph . -J 1939 1940 Reserve District—Richmond—. Fifth Federal for the week follows: summary 20 ft $ $ compared with a year ago. 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 27, clearings from all cities of the United States from which it is possible to obtain weekly clearings will be 13.8% above those for the corresponding week last year. Our preliminary total stands at $7,541,255,803 against $0,623,925,384 for the same week in 1941. At this center there is an increase for the week ended Friday of 18.7%. Our comparative this week show an increase Bank clearings June Inc. or Dec. CLEARINGS THE COURSE OF BANK Ended 1941 1942 586,277 1,025,611 506,885,200' 449,748 968,277 527,440,610 — 719,687 + 11.9 385,500 3,154,431 304,324 + 0.3 1,005,124 768,779 + 5.1 722,317 571,445 2.9 706,544 653,109 —4.9 602,102 5.9 1,635,797 616,013 911,071 398,479,724 351,538,658 + — + — 3.9 2450 THE COMMERCIAL & FINANCIAL CHRONICLE General RAILROAD Corporation and Investment News PUBLIC UTILITY ■ Abitibi Power & Paper Co., Ltd.—Annual Report— {.Including also the results of Calendar Years— Sales of wholly-owned subsidiaries, Paper, Ltd.] 1941 newsprint 1940 Income ; Total 1939 INDUSTRIAL - Abstract Title but exclusive Provincial of Monday, June 29, 1942 1938 & INSURANCE - Mortgage Corp.—Earnings— Statement The Year For Ended operating income___ Operating expenses payment, Sales $25,824,784 $22,539,190 $15,506,229 $14,109,004 1,213,457 960,040 639,819 621,766 of power.., _ Total Net ___— Balance Int discount $8,422,493 $3,830,999 127,061 115,465 21,629 3,402 .$3,949,866 Tojtal income 3,196 $8,,571,183 Sundry minor oper. prof. gain Total of mills carrying H. P. •' 172,472 for the •Consolidated Int. G. year—_________— Income net Corp., of ■" Abstract Title $57,260. Assets—Cash & 127,508 171,248 overdraft Cost of ers' Mortgage Corp. /Y''; 4,487 ______ 2,849 2,805 for ful ahd bad for doubt¬ & held receiv.__ legal & to 48,000 receiver in Prov. for U. income S. and 48,000 48,000 48,000 48,000 39,207 Dec. in 31, 48,000 terest for of 16,588 13,494 under of 1,800 ization 17,172 $222,825; Home accrued buildings bonds Owners' interest (market holders guarantee (less, 3,002 2,706 of (market issued Loan admitted payable, $2,406; assets, agency Cash from and 111,093 2,251 1,801 and valuel, Accounts Advertising 2,452 dicial with (less sale of Oct. trustee in nection with tribution Y $8,187,505 $3,445,001 excess hand on (incl. provisions shown 60,353 30,135 $55,966 from surplus for period of during $9,047; Balance also was provided $ hand on and deposit—. on Accounts receivable, Receivable from G. (less than In shares in and advances of corporations and concessions Chattels and and Prepaid and 6,141,079 64,242 62,283 Operating 40,374,576 freehold timber buildings____ equipment 1,500,635 creditors' claims inventories and tion ing of bond for 1,000,000 stock on March 20, 34,881,800 18,964,935 20, V* •. Payments six In income 17,717,884 in banks 1940 $1,480,718 956,473 472,485 $51,760 - 43,542 19,832 $71,593 22,994 , 13,830v tax____________. $807,666; (less reserve • ♦ ; 39,570 taxes, 2, hand, on $50,000; 1942, $1,616; old accrued $1,670,201, payroll, 535. stock, $170,110; $332,114; ■' common surplus, earned 124,991,882 125,459,895 —_____ Results For Month And Five Months Ended stock ($1 $154,192; Y par), total, $306,956;,paid-in $1,670,201.—V. 154, Period End May 31— 1942—Month—1941 •Earnings $569,749 •Before charges overdue and on • $752,858 The directors share 1942—5 Mos.—1941 $3,887,573 for depreciation, bond interest, Including interest, unpaid interest, and income and excess profits taxes. amounts / 1669. p. June 24 declared an the regular quarterly dividend of 25 stock, both payable July 15 to holders were paid in each of the preceding 'Y ' Y. ' ' • cents per share on the of record July 6. Like nine quarters..—V. 155, Shipments of newsprint in May, 1942, amounted to 27,950 tons, compared with shipments of 35494 tons of newsprint in May, 1941. Shipments tons May, In of May, sulphite 1942, 1941.—V. as 155, p. and groundwood compared with pulps 7,359 tons amounted of to sulphite in The directors have declared comnion stock, last, as follows: V. A no similar par a value, distribution against was of 50 July made cents 25 on to this per share on the holders issue on Loss Account, of record April 25, Dec. v hand and 1940 $29,074 p,rof$11,617 stock ($1 par), $987,875; in deficit, $3,266,743 $3,193,080 189,082 195,178 2,311,800 $80,617 $83,258 $954,944 $218,728; ■ 2,342,138 Co.—Earnings— T. ?;?. 1940 1939 $4,447,171 $4,695,537 3,313,713 3,404,112! $1,161,410 $1,133,458 $1,291,423 41,554 31,622 38,331 $1,202,964 ordinary 1941 3,209,510 J and $850,942 , $4,370,920 > $1,165,080 $1,329,756 taxes—— — net- ,, income 109,334 ________ ;Yi. income tax, ■v 109,199 187,927- •i: " 129,865 Y $730,000 profit-'• _——_Y.~ 109,192 : 204,318 175,703 etc.,. 109,974 104,051 $721,698 V, 371,875 Surplus • '<■ $358,125 (incl. outst. per ■Y'-'Y 855,313 $916,539 1.041,250 " treas. stock)_ 1,500,000 share__-___i-_i_^_-^ Y:':YY:: YY 'Y; I.Y'Y-. •$133,615-. ; $0.49 • ♦$124,711 1,500,000 1,500,000 Balance Sheet Dec. 31, 1941. $0.48 : - $0.61 - ./'Y''-Yv>. YYY'Y Y-YvY Assets—Capital assets (less reserves for depletion and depreciation, $7,036,702), $12,078,345; cash in banks and on hand, $291,917; bullion and concentrates—at market, value, $339,846; miscellaneous notes and receivables; $23,507*,' supplies inventory—at cost less reserve, $738,382; investment—Pacific. Mining Co., $564,000; investment—Harvard Gold Mining Co., $471,750; deferred charges, $1,878,717; -unrealized in¬ - at March 1, 1913, $3,938,901; total, $20,325,365. Liabilities—Payroll and current accounts payable, Federal tax "on 1941 , Y . $185,096; ' accrued income, $175,704; other taxes payable, $156,312; earned surplus and capital sur¬ stock (12,501 shares at cost),., $141,195; surplus resulting from revaluation of ore deposits-at March 1, 1913—. per analysis, $3,938,901; total, $20,325,365.—V. 155, p. 187. capital plus, stock, ($10 $1,010,547; $15,000,000; par), Treasury Allen Industries, charges, reserves, total, Inc.—Earnings—y/'Yv Years End. Dec. 31— Cost and Total Interest $40,168; reserve $552,714; capital $1,362,534.—V. 3,782 $919,143 —__________ $975,786 7,370 19,343 233,000 Y. 20,691 235,000 192,000 • 110,000 —- etc. Amortization, Excess $972,004 17,870 . income income Federal 6,653,839 $901,273 i!— profit income $7,625,843 8,798,173 — 1940 $9,699,446 —L— expenses Operating Other 'Yy:: 1941 (net) ' Sales profits War-time —. taxes —- tax post-War and profit reserves— Earnings $436,773 — ' per $590,752 common ' on $199,988 $2.18 share. Balance hand at cost, $250,400; raw —_ 390,764 $173,973 $1.66 : — * • 50,000 . 262,800 Surplus materials, Sheet, Dec, 31, and on deposit, 1941 - $424,605; trade accounts receiv. (less j S. Treasury reserve, U. $58,643), $1,147,465;-finished products, $29,987; manu¬ $7,027; land and buildings not used in operations— (less, reserve for depreciation, $22,866), $32,275; cash surrender value of life insurance, $16,110; advances to employees and miscel¬ laneous accounts receivable, $3t809; land, $150,573; buildings, lease¬ cost hold Sheet, Dec. 31, 194.1 Liabilities—Accounts payable and accrued taxes, $296; unclaimed dividends, $209; p. $278,436 31— Dividends at bank, $74,727; accounts receivable, $8,508; inventory of crude oil. at market, $337; investment, -Mid¬ American Oil Co., $89,068; fixed assets, $740,392; prepaid and deferred charges, $449,502; total, $1,362,534. on 4 788,775 $269,699 1 316,781 facturing supplies, 1941 31, 1941 Balance for $2 on Jan. 24, 1942. Payments in 1941 were as 25, $2; and April 25, July 25 and Oct, 25, 50 cents each.— 1912. " i ' Jan. 155, p. dividend payable and : — Consolidated v Abraham & Straus, Inc.—50-Cent Dividend— July. 15. loss Assets—Cash 2272. Profit Calendar Years— Net as 10,289 pulps Consolidated $7 981,856 6,506,893 : $538,708; Ajax Oil & Gas Co., Ltd., (& Subs.)—Earnings— . $9,773,636 394,880 1,026,161 Y,Y :V Dec. income, .Net ; ' ! in the May earnings for 1942 was $152,145 received premium upon U. 8. exchange. Bond interest of $255,249 for such is exclusive of the premium which would require to have been provided to permit payment of such interest to be made in U. S. funds, as may be required. $673,316 Juneau Gold Mining Assets—Cash Note—Included as $894,148" 624,450 Y —i.- Ended Total notes, month 2 859,500 —Y._Y Profit ■ dividend of 25 cents per extra and common $3,131,023 on 2,918,830 63,800 Y'/-' 275,721 ;YY 368,800 Dividends Air Reduction Co., Inc.—Extra Distribution— May 31 123,558 238,265 revenue Other Net fbtal 33,558 250~000 taxes_ 2272. p. Expenses notes payable trade, $201,711; ac¬ $7,149; dividend pay¬ $12,151; provision for Federal income taxes, $53,400; advance on contracts, $14,042; class A 7% cumulative partipipating convertible p. 1942—12 Mos> -1941 $27,401,391 $23 869,136 10,564,624 8 688,764 217,875 2,842,419 2 ,653,435 859,587 : $350,000; payable, payments surplus, $564,764.67, $2,176,401 229,370 taxes Y_—-Y--_YY 155, Gross cus¬ general and miscellaneous taxes, benefits and unemployment compensation age 1942—Month—1941 preL : stpck_i_ Alaska accrued $2,977; for $36,589 notes receivable, $51,187; secured, accounts 1940, 1941 31, total, $12,630; payable to banks, payable/ other, reserve Dec. 12,010 receivable, customers, $228,872; inventories, other assets, $31,079; propertv, plant and for depreciation, $521,913), $483,887; land, charges, unsecured, Jan. Sheet, 1941, $707,354.50; $2,255,217 848,140 ___ deductions-- Earnings i $203,732 • profits taxes____. and accounts cost, deferred $13,781; 13,615,307 2,152,947 $4,810,272 20, $87,813 $10,880; at banks, able 4,488,091 256,922 2,069,310 Co.—Earnings— l income Years 1941 Dec. cents; 62,519 excess counts available towards deprecia¬ interest from operations dur¬ receivership depreciation: Depletion 544,760 :_A_ equipment 34,881,800 18,964,935 4,488,091 $331,093 800,840 _________ 2,069,310 Power prof. & on —V. "" last,' June cents; — Assets—Cash 1,000,000 $4,810,272 $199,604 depreciation— Balance vY_, $160,190Y Federal tomers, 50,162,986 51,656 1,896,361 bills cents.YYvryHY,Y',|YY:Y YY/yY'.'^YY1' —_______ Federal to 642,475 52,258 . , taxes 2272. p. Y_— 749,987 amount and products Liabilities—Notes ($100 par)_____ (1,088;117 no par shares).—— surplus of period prior to receivership Balance 155, deductions $44,000; 749,987 1,500,000 .43,888,276 Common stock Nominal provision > for contin- par) 6%: cumulative preferred $21,733; __i_——$2,288,788 sold—— 1,583,838 Balance 1,596,789 __ 2,373,901 Gross' Income Net , Net' income' re¬ 889,427 727,250 63,353 , pari expenses for Divs. and dividend of six cents per share on of record June 15/ This com¬ expenses income valued 1,800,908 first mortgage gold bonds_________________ cumulative preferred stock ($100 1% of 252,120 YY V Y other cost — for 23,090 243,905 2,211 671,602 materials, raw < income Interest " 327,397 ______ against gencies ■ 37'/2 Provision 19,877,092 327,884 prior to a five 20, 19, Provision 19,865,122 1940 92. p. excess crement owned : incurred . payable, , sales Other 42,617,541 22,449 ceivership 5% Less Yi: 124,991,882 125,459,895 Reserve - Total Balance ._ " , accounts holders to share March calendar Years— Other ; Liabilities— 1941 $86,287; 1,500,635 ; .___ Sundry liabilities of receiver bills $1, five cents per Balance 40,366,560 * $1,275,885 2,211 $5,443,655 Com. shs. 6,950,570 _______ office expenses General $21,615 Ahlberg Bearing Co.—Annual Report! : 1941 3,485,833 _< Total . $42,702 Y 127,503 976,664 1,710,868 equipment, — estate banks, $1,330,462.—V. par 1,492,500 other ' subsidiaries^— mills (net) Real 44,713 to railways, "waterpowers, townsites and buildings (net) Timber $66,328 44,713 debts, June 20 paid on stock, cents, and Dec. 4,103,688 subsidiaries wholly-owned Investments of value__ , process, revenue Prov. on preference shares payable Jan. 2, 1942 cumulative convertible preference shares ($100 stock (24,000 no par shares), $491,$70; earned total, follows: as 1,362,309 ________ Investments were seven 1,479,860 Co Inventories wholly-owned with pares $ < 239,553 reserves)_ at bad and common company common 1940 38,327,288 Mead securities the Y written-down , Federal 6,490,713. Deposits with trustee for bondholders__________ in 10,362 $87,416 Acme Stock Co.—Six-Cent Dividend— 1,981,667 Net current assets of other subsidiaries—— Investments from 8,156,150 customers' H. 1938 The Domin. of Canada bonds at cost & market value Investments in sundry bonds in Depreciation in 1941 at General, taxes dividend $42,702; surplus, Sheet, Dec. 31, 1941 Assets- $64,200; par), $687,900; ;"Y.. , v $2,109,639 ' . . (contra), $22,357; 6V2V0 receivership, making total depreciation A contingent reserve of $750,000 surplus during receivership. Cash ' i Sheet, Dec. 31, and for Liabilities—Accounts payable, receivership $4,220,000. $0.61 55,217 ($5 surplus' Federal Fed. manufacturing, books on subsidiary companies] was $4,500,000 in 1941 and 1940; $1,785,000 in 1939, and $1,785,000 in 1938. A further amount of $650,000 was pro¬ vided during 1938 for depreciation in respect of the year 1937. This work stock Operating $346,360), $225,733; prepaid insurance'and taxes, etc., shipping and office supplies on hand (esti¬ total, $1,330,462. < f $3,936; of income 1,814,382 Alabama ■ (less reserve for depreciation, profits taxes. Note—Amount provided for deprec. came \ • — mated), income and 103,465 net after $5,443,655 153, Gross $25,000), $246,325; Inventory of finished goods, goods in process and raw materials, $662,092; cash deposited with trust company for dividend payable Jan. 2, 1942, $22,357; land, $74,685; buildings, machinery and equipment (less reserve $2,983,256 securities, •After reserves for $146,454 75,686 preferred shares. on Balance $10,126,499 banks__ . Earned . 53,888 ______ Assets—Cash administrative, superintendence and general expenses, but before providing for depreciation and bond interest, tAvailable for depreciation of mills and properties and towards bond interest before in Period End May 31— profits taxes— excess surplus receivable __________ (but in receivable, trade Common —V. 21,615 to bondhold¬ +Balance $2,422 taxes 1941 and payable, trade Accrued payroll, taxes,.etc. 135, $65,801 and Surplus, Dec. 31 •Including and income assets1 con¬ 5,000 Federal 1940 $195,376 _____ surplus Total ers > $1.78 Accounts Report— 1941 1__ income Dividends at Vkc/v first dis¬ 1940 $252,564 paid517,327 Liabilities (account F. H. A. loans), $113,400; retained, $30,025; accrued in¬ fees, salaries of directors officers, provision for deprecia¬ .. 16, for - 81,000 (market, money income Previous 10,182 to and investments •Fixed guar¬ legal ju¬ 1940 Paid Net in expenses connection . share and factory and office supplies Prepaid insurance, taxes, etc. _L___ Other Expenses of bondholders committee , r• $333,564 — provision hand on Total ' etc. Provision for 87,605 ■ 1941 $738,281 ' taxes__—______ - common Finished goods, and $2,043,272. operations for tbe._year executive tion, 114,054 . income 31 $1,353,281.1, t615,000 . $60,805; reserve for taxes, $5,954; reserve required by otherwise, $39,717; reserve for bonding insurance, $5,280; capital Directors' property against sab¬ otage income Marketable Corporation $49,300), $7,137; sundry real estate owned total Year End. Dec. 31— 11,312 ______ protecting Federal Dec. _____ Consolidated Balance Sheet, Dec. 31 payable, Profit plan Expenses Years Ended ■ ■ ■' ■' YYY Assets— bonds, $30; other $274,000; property on value), Acme Glove Works, Ltd.—Annual 12,237 1,801 **2~ 251 The previous 1937.—V. 155, . 1, 4561. p. author¬ court last, (& Subs.)—Annual Report— - • year dividends- declared Total Expenses of liquidator, Exp. re Ripley reorgan¬ 1, Nov. tax.. stock, $1,287,862; surplus, $497,824; total liabilities, $2,043,272.—V. 20,714 the $136,911 f receivable—net, bondholders $20,203; office $6,934; or on 1940; and after providing for depreciation in the amounts of $156,892 in 1941 and $145,394 in 1940). tlncludes $250,000 for excess profits, V.7\ 1941 banks, fees Liabilities—Notes payable to banks law received benefit bonds, trust accounts in¬ on in ; charges of $3,161 in 1941 obtaining special reports ity 48,000 re¬ Federal taxes terest & divs. Cost of 48,000 and $5,316,600), $2,085; value), expenses Sheet other and for antees outstanding, 8,000 audit spect of remuneration fees municipal assets, 29 accounts Prov. outstanding, 2,706 bondhold¬ re: hand on and deposited gages meeting Prov. 191,290 oft re¬ report Expenses 187,619 107,963 issue ceiver's Paid 147,619 for •Before accounts receivable, ctfs. Net S892 title insurance $64,883; sundry $952,; debenture notes receivable, $499,209; interest receivable, $40,437; accrued interest receivable, $132,769; mortgage, loans, $484,246; mortgage loans—F. H. A., $150,650; cash and mort¬ premiums con¬ thereto receivers' on and trib. v.income for Cash 7,330 7 Balance idle and timber cessions v : •Net " Cost April on made was Income Account, \> i Earnings per •Net paid share, • $180,694 _____________ $3,508,620 earnedl\ ; - Y 90,038 Other expenses 87,955 9,479 Income Depreciation $3,417,470 137,419 $10,527,440 & $10,380,542 ____________ $90,656 Provision $27,038,240 $23,499,230 $16,146,048 $14,730,770 •Operating costs 18,523,349 16,535,524 12,819,076 11,370,546 Premium on U. S. funds Crl,865,651 Crl,458,787 Cr504,026 Dr57,246 _____ share per per 1 Ainsworth Mfg. Corp. 731,992 operating profit Other cents cents $822,648 and _ 15 60 1401. p. ■ pulp with pares ; , 81, 194 f Dec. MISCELLANEOUS - 155, machinery and equipment (less reserves for de¬ $667,631), $1,532,701; prepaid taxes, insurance, and rent/ total, $4,228,246. "Liabilities—Accounts payable, $423,423; accrued Federal capital stock tax, $16,500; principal payments on long-term note due within one improvements, preciation, $94,586; year, $51,985.; Federal taxes on note, ^$384,417; reserve for $50,000; com. stock, $262,800; income (estimated), $441,163; long-term war-time and post-war contingencies, surplus, $1,204,389; earned surplus, oap. $1,393,568; total, $4,228,246.—V. 155, p. 2090. 2090. Alabama Mills, Inc. A dividend of stock, par 10 cents Alpha Portland Cement Co.-—25-Cent Dividend— (Del.)—10-Cent Dividend— per sharp has been declared $1, payable July 1 to holders of record June on ,the 10. The 09mraon This com- directors have declared .common similar stock, payable distribution was a dividend Sept,. 25 made on to of 25 cents per share on the, holders of record this issue on March 25 Sept. 1, A and June 25, this of THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Volume 155 25, 25 cents each, and Dec. 20, a —V. p. 155, ' l s ' ' > t 4V adjourned George Murnane, senting 77% voting Leo C. of The v, of Reserve had approved action subse¬ an of Reflecting 24 fiscal the war shows April 30, ended year consolidated Net earnings of the $9,275,376 as compared 1942, sales net of subsidiaries for The the company reported 1940, of by — 31,663,465 33,390,872 27,031,823 192,174,919 Central and of shares Manufacturing corporation, A dividend cumulative American on. Central commercial orders also due restriction to increased now approaching and . that and on Sept. The the report second quarter, the company's company's whole will The of. assets sheet balance consolidated of of as and $95,923,736 shows total $56,553,483. April 30, 1942, liabilities of current L> converted be shortly the to " Co. liabilities $25,882,101. ' V The report shows that ^ "V-V^s: Cost invested in U, S. Govern¬ bonds, Treasury bills and Treasury tax notes, at cost, $12,575,747. ment Also in the current the less reserve, of is cash of $15,929,374. Profit Accounts Net appear Is the of Interest "expenditures report, considered outstanding combat to in and which have of of elsewhere and Africa such review by your the had is one financial in aid less sales, and Cost of V incl. goods sold, adminis., general lew the cost etc. ; Profit 1941 53,424,854 !—. ; 5.133,543 ■■ . . 778,449 ——U.:- ' 172,350 99,900 77,899 107,206 _ ; —. 92,023 Miscellaneous _ 6% first preferred stock stock ($10 ($100 par) par) . 1 Capital surplus tFunds $5,161,130 506,537 tax Stock- •In respect to * . „ of Material • 2,616,628 stock 3,639,660 on com. $20 7,983,696* Trust par 7:7 155, p. 2178,;7 (V;.;! has Co. value.-..'' Distilling (American profit in been appointed registrar for 7',.77; V7 Co. (Md.) and subsidiaries) Light Co. 50 - (& Subs.)—Earnings— 1942—12 Mos.—1941 1941 $ $ $ 117,616,342 110,012,015 46,732,184 42.023.&69 9.429,281 10,139,125 9,970(686 __ retirement & approp. 2,914,098 2,772,874 11,512,156 10,944,848 operat. revenues. 8,354,952 9,830,545 Other income (net) 37,644,031 112,366 37,756,397 deplet. res've Gross Net 38,016 19,038 34,175,784 143,611 8,392,968 9,849,583 34,319,395 3,861,813 3,924,995 15,742,010 15,723,268 4.531,155 5,924,588 18,577,385 1,792,935 1,792,936 7,171,741 22,033,123 7,171,742 2,738,220 4,131,652 11,405,644 14,861,387 6,407 12,111 38,744 54,498 2,731,813 4,119,541 11,366,900 14,806,889 — income interest to public deductions —... Balance •Pref, divs. to public.. Sheet . ——— tLoss. • • . before Federal taxes on In 37,353,798 inc. taxes (no income-.:—777—•—- on deducted , reserve—— 94,432 2,950,820 2,812,210 contracts)— 22,925,154 dep. (U. S. less Gov't for ' — —— 192,174,919 118,587,697 $922,460 — 15,471 $2,748,070 ... $4,135,012 83,419 „ taxes 107,477 80,493 - $11,366,900 $14,806,889 66,138 68,824 $11,433,038 $14,875,713 371,158 353,729 349,524 26,770 76,754 •. 11,84.6 ..u. 5,595 $'2,572,312 Balance deductions., & •Full 368,478 22,728 ! $3,945,186 $10,685,586 $14,130,773 711,811 2,825,694 2,832,411 $1,864,527 unearned, $339,707 months and ilricludes months to V. 2272. p. current the for amounts the additional 155, the for $1,350,036 to the month and $1,117,706 for the 12 months ended April 30, under the Revenue Act of three 1942, 1941. required $23,928 for 1942, amounts required under the Revenue Act of 1941.— provisions three the $7,859,892 $11,298,367 $3,233,375 requirements applicable to respective periods, whether tlncludes provisions for Federal taxes of approxi¬ dividend or 707,785^S v Balance earned :, taxes for.Federal and 7 v of approximately $31,904 for the 12 months ended April 30, ' • . ' ■ '7,*. • American Sealcone Corp.—Pays Int. C. of 1941, New —V. Coupon— of the protective committee for holders on June 18 announced that the board beginning June 22 of the'Oct. notes of this corporation, directors 15, Chairman Shelby Carter, of 67c authorized had coupon its on payment notes. Payment York, authenticating agent, 154, 1725.; p. is at made being the Bank at 48 Wall Street. New York City. 7,-:7',,7.7;>:; , . _ • ■ , ,. .. • , Co.—Probiotions— American Steel & Wire Assistant to Vice-President in charge of operations, new duties specializing in production activities, has been made Assistant to Vice-President, J. Bell Baster has been made General Superintendent of the Cuyahoga Works and Charles M. Sackerson has been appointed Superintendent of cold rolling mills of Cuyahoga Works. James W, Futhey has been made General Foreman of cold rolling at the plant.—V. 155, p. 2272. Burton H. Gedge, been to promoted Harry L. Jester American Telephone & Telegraph Co.—Earnings— Operating revenues — 1942—Month—1941 1942—4 Mos.—1941 $16,029,305 $12,291,462 $60,772,315 $47,695,194 rev._7 Operating expenses taxes 7.—_7.7 income- 245,000 31,847,771 15,797,911 278,342 28,951,781 9,032,124 $2,444,105 $12,881,633 $0,432,047 49,074,421 70,988 7,438,985 2,337,384 70,000 8,112,729 4,849,912 $2,996,664 oper. 1,821,474 income Net 1,603,544 Two Units Reduce Quarterly see 48,804,795 Dividends- of Pennsylvania and Northwestern Bell Tele¬ Bell Telephone Co. Output of electric energy for the week ending June 20, 12.29% of week over output the of the electric properties of this company 1942. totaled 71,161,000 kwh., an increase of 63,374,400 kwh. for the corresponding 1941. / weekly output of table of follows: Comparative five years; Federal income tax— to earned 110,000 55,800 $325,680 Balance Sheet, Dee. 1939 1938 42,790.000 36,060.000 52,392,000 45,105,000 46,041,000 38,670,000 52,870,000 52,682,000 45,814,000 37,513,000 June 6— 69,879,000 13— 71,002,000 June 20_—_ 71,161,000 63,374,000 31, 1941 The power total, $15,809,942. Liabilities—Notes under . letters of $566,588; American reserves, accrued 1941 Commercial to secured, LT";.! sauries, wages, brnks, secured, $3,830,942; liability $177,786; accounts payable, $779 878; insurance Federal Alcohol premiums, income Corp. taxes, taxes, etc., $220,701; expenses, to liability (parent company), $4,584,880; $324,600; 5% cumulative preferred stock ($10 par), $1,772,206; stock ($10 surplus, $2,277,588; par), of the Electric Co. electric subsidiaries for the month of May of the American totaled 310,726,575 month as year, an ', , totaled 1,296,063,455 kwh. for the same period against increase of 20%.—V, 155, p. 2363. as J' • Anglo«<NationaI Corp.—Liquidating Dividend directors have declared a liquidating dividend ol! $1 per share the $2 cumulative class A stock, no par value, payable June 30 tff holders of record June 20. A similar distribution was made on Dec 26 last, while on Aug. 15. 1941, a liquidating dividend of $3 per share The on payable credit, output compared with 273,271,989 kwh. for the corresponding of 1941, an increase of 14%. For the five months ending May 31, 1942, power output ( kwh.. last receivable, $5,563,350; inventories, $5,899,748; whiskey owned by others, $59,645; investment In affiliated companies, $269,539; fixed assets (less reserve for deprecia¬ tion of $2,139,383), $2,910,288; prepaid expenses and deferred charges, 38.033,000 May Output Up 14%— 1.548,387,331 kwh., bulk ■ 1940 49,369,000 Assets—Cash, $799,179; in* ,V.,;Z ., 1941 Water Works & surplus ■. 1942 70,068,000 59,994,000 61,781,000 62.687,000 230^233 ^ electric energy for the last ■ 30— May 312,347 —— Consolidated common — 60,162 —— for reserve for contingencies—————————— Adjustment of reserve for est. unrealized profit on sales and storage of bulk whiskey subject to deferred delivery $308,193; 533,400 $4,119,541 16,257 taxes Interest 528,708 expenses. Provision equity Notes and accounts receivable of affiliated costs reserve $1,391,006 charges 997,824 169,312 99,178 costs, $2,731,813 — tFederal of $862,299 ——_——— income Provision 224,981 —— less company income June income 11,037.850 12.575,743 —_— Light Co,— above) Expenses $917,336 —— 1___—— profit 1,031,732 — —— — of & —„———-;7-7 220,701 ——— profit on sales— Selling, general and administrative 22,503,842 169,687 :. subs.— phone Co., below.—V. 155, p. 2002. Gross 268,314 237,333 less equity (as Other $1,138,037 provision for excess profits Consolidated Income Statement lor Period from Jan, 1 to April 30, 1942 28,764,769 15>29,375 or of come 168,616 Nattv^-Provision for depreciation mounting to $198,290 was, the above determination of net income. 68.464,756 Miscellaneous affiliated Net equity of Am. Pr. & Lt. Co. in in¬ 1,748,335 $1,306,653 deductions, less other income for Fed. to ... American Water Works & Electric Co., Inc.—Output— 1941 Prepaid taxes, insurance, etc.—__—• at cost —-— applicable minority interests Operating $3,054,988 —— taxes deemed necessary)— • : 69,340,356 _ securities— ' : Period End. April 30— 320,400 from operations— Net income Prov. April 30. — ———— securities, Portion ■I. Net Net profit Balance stock Balance bulk on Adjusted income from sales and warehousing Selling, administrative and general expenses, Incl. provision of $123,343 for doubtful accounts 1,252,793 533,400 27,331 10,464,221 $otal 1490. p. 15,057,093 $2,734,588 .... storage whiskey sold but not delivered Nil 1942 hand restricted pay¬ 29, 2,608,077 and 'I;'/'-''"^ 7;-:77' charged bv parent company reserve for est. 'profit and Income Nil $5.23 $12.09 . Consolidated Balance Marketable securities Securities of Sept. 2,692,064 sales and warehousing, after deduct, rentals on of $43,695 Reduction — payments to vendors for mat. contr. for— and notes', receivable—————-——.. Cash made: were 2,919,714 has Co.—Registrar—Report— Consolidated Income Account for Year Ended Dec. 31, 1941 Total profits of subsidiary companies. Government 154, 1942—3 Mos. taxes taxes Property 6,419,820 3,930,802 t$10,777 t$l,662,692 Accounts •Treasury distributions 16, $1.50.—V. Wk. Ended— 599,400 properties— on following 4,444,765 tFederal Other were.transferred to the paying agent on March 31. 1942, in of the liability for preferred and common dividends aggre¬ stock, 77 Net ; ' "V';; Assets— Spec, 6,419,820 3,639,660 67,000 share the 165,299 $27,209,324 $28,098,856 ... Manufacturers The common $516,958 f$l,394,921 57,997 '18,314 99,946 81,215 60,411 45.199 $7,922,493 v 73,508 155,124 92,074 29,313,865 5,500,000 profits contingencies per first 10,635,483 752,650 — American Distilling , on-common S. 187,272 — gating $278,264 due April 1, 1942.—V. *123,043 Divs. U. 3,068,818 4,493,969 7,983,696 — settlement ■ 99,963 pfd. share, per 11,827,908 of ...Total 1.036,573 1,597,319 ->209,418 on Adv. 3,049,484 250,838 213,8827; ; — • 23,330,833 245,729 tax Dlvs. Cost $1,700,000 ■,,7:7, 668,796 : Common Other Earns v Earned surplus 1939 2,127,927 excess Net $500,000 240,018 - taxes Reserves Gross 452,661 Prov.: for the expenses additional payable April 1——...k,.—: Additional payments for beets.., —.— : earnings for year^ $9,275,377 Fed. 116,537 Dividends that 9,193,697 property rqtir. income cents is Operating 14,208,274 $27,209,324 $28,098,856 Accrued t$442.981 t$2,lll,207 22,248 ■>'v 11,636 752,275 594,715 91,538 81,954 93.877 :. 27,981 $6,853,103 V- : 18,691 income $54,295,757 Other charges—interest 1 ■ 165,702 302,433 Royalties Federal 75 This 26. June 28,539,043 11,242,428 13,748,390 ... "T-- payable to banks—unsecured Accounts payable your which •<. 32,446,394 V; 1,820,176 1,071,501 3,959,080 2,954,976 , Total on of dividend a record ■ Uncollectible oper. operation. $53,064,401 20,997 — 10,698,419 118,688 value...... — Net income for year_ Loss of 173,492 Notes Govern¬ our at 1940 • v.——1,025,254 Royalties 1,567,210 391,727 : ; , , inc;—Dividends-\ Miscellaneous declared 30,461,437 mately Ended April 30 • ■ — - from the share 19. per revenues $790,913 1,490,320 ... assets Income Interest $1.25 1941 i'l others and assets—depreciated 4 158.138,624 Depreciation & amortiss. other on : and Dec. Other ;> 1942 Liabilities— .7. . patterns, new flasks, and 1942 . expenses Repairs, 7,983,696 Sheet* March 81 Total and selling $3,930,802 7,983,696 • Other discts. « * ——$216,336,568 $67,192,012 $35,795,090 $23,853,517 allowances $4,493,969 — \;v Fixed of the review, and ealling upon met without doing, so Income Account for Years ■ Gross of 363,966 : Inventories the economy of vour company's operations have enabled Consolidated 385,122 receivable—trade; .S...,. Farmers more or will come under factor' will persist—but company 'uncertain supply the needed products." it to cents per share on 50 dividend to holders of record June these issues on April 1* last. 1 Operating $4,679,8.90 $761,780 Accounts. recent those demands have been for 22 holders to year. American Power : its stockholders will be which they are fairly entitled by reason of the foresight, effort and energy shown in meeting the country's demands, the promptness and efficiency with ment cents Chemical Corp.—75-Cent Div.— & June American Power & 3,504,316 ^ 636,941 l.___— Consolidated Balance has no thought that your company and deprived of the benefit, by way of profit, -to efficiency and of quarterly payable July Period End. Apr. 30— Subsidiaries—• $1,175,574 3,930,802 '. 115,134 385,122 dividends Assets— abroad/ in management which dividend a regular both on 1941 Total Navy which has already that under this legislation undertaken contracts until 25 1207. p. 980,000 dividends Capital surplus at end of year avowed purpose of such 're-negotiation' to the Government of 'excessive' profits resulting from any such contract, without, however, any definement of what constitutes an 'excessive,' as distinguished from a fair and reasonable, possible 1,050,000 $1,470,035 ... Earned surplus at end of year that mass recovery is —i.—i income for the year Common country's war programme—the It stock, June 30 this cents, Net legislation beating on the subject of corporate profits. Shortly before the close of the year, Congress enacted' legislation authorizing the' appropriate Governmental depart¬ ments to 're-negotiate' contracts having to do, generally, with the profit. 183,477 deductions.: miscellaneous profits 'taxes——Jr. Preferred operations will ultimately be available for distribution by way of divi¬ dends—and that question cannot be answered until there is definitively effect and $5,516,032 imperatively demanded and otherwise," Mr. Hardy asserts in his letter. "The uncertainty factor is as to what of the profit resulting from the year's the 31,708 $2,061,602 206,028 680,000 .I.. financially being 17,858,194 39,721 plate, in the manufacture of shells, bombs and for the its work the the and directors During 157,235 .— Net brought to us the 'Navy E' for excellence in production—to say nothing of the vast quantity of articles of a miscellaneous kind needed and produced as contributory to the main effort. And all this while still conducting its ordinary peace-time operations and maintaining its position as a lead¬ ing manufacturer of railroad equipment and supplies." 1 The end of the fiscal year found company in "excellent condition, determined with compared as 155, $1,872,658 Earned surplus at beginning of the year Surplus credit applicable to prior years.—. policy briefly to refer to production of the light made such an enviable reputation of the in battlefields the on the production of armor fuzes, violation in be achievements military tanks themselves for %■■■;■ ' $3,683,572 ——.I——— Excess made kind, in the quantities and at the times not Its 1941, Manufacturing Co.—50-Cent Common Div. stock payable . by the exigencies of the national need." He adds: "Governmental policy wisely forbids making public detailed informa¬ tion concerning company's activities in the line of war work, but it Is 23, 1941 178,723 .... income Federal income taxes———; by company out of its own resources and for its own account, in providing the additional facilities so sorely needed for the production of materials of war fare the .' ■■■ $3,465,128 sales.- income Gross particular significance in regard to the company's war production item of $11,143,767, "representing," Mr. Hardy says in his letter an accompanying ' 17,403,699 from made was quarters.—V. American Potash The $20,868,827 $19,730,852 operating income from other sources—; i.1. Other market present , Of Wholly-Owned Subsidiary] sales June 30 to holders of record on this issue on March 31, $5, payable Dec. materials* $3,080,187; reserve, of and Net :1942 —___—- 30 preceding pref. and as $25,684,581; notes receivable, less inventoried at cost or less and not in prices, $37,353,797; advance payments to vendors for materials contracted for, $268,314, and marketable secur¬ ities, at cost or less, $1,031,732. An indebtedness of $10,000,000 to banks with which the company entered on its last fiscal year, was entirely liquidated. % receivable, excess t Including sales p. During 1941, the following disbursements were made on the common April 1, 25 cents; July 1, 50 cents; Oct. 1, 75 cents; and Dec. 31, $1.50.—V. 155, p. 1827. has company column assets h - Years End. Mar. 31— •Gross This 28, 1941, 4115. stock: American Crystal Sugar Co.—Earnings— 1941, total current assets were $46,283,860 and current April 30, 152, the common stock,, compares with $6 on Dec. on 19. June on share has been declared on the $1,50 non- par distribution Similar distributions were made " As $3 1940.—V. directors have declared the during effort ' Central American in American ment orders. normally produces refrigerators* steel kitchen cabinets, and similar houeshold equipment.—V. 155, p. 2090. against $5.23 per share in the fiscal year ended April 30, 1941. These earnings were after allowing a total of $38,507,562 for estimated taxes compared with a provision of $2,194,927 in the preceding.fiscal year. ' current share The a program." war • the last, 28, per stock, last, Corp.," sgtsfactory production volume. "Restriction orders are eliminating the company domestic products, but it is anticipated that this business will be replaced with war orders $10,777. cents similar r Manufacturing a products of 30 class A A value.— par Corp.—Shipments • of June on 22. shares of 600 no subsidiary a declared June record 27, American Locker Co., Inc.—30-Cent Dividend— common this $1 of Dec. 118,587,697 stock preferred 600,000 holders on June the second quarter, the in¬ crease representing mainly orders received for additional military products. ■ Some of these products are not yet in production, but it i3 anticipated that shipments will be, started during the third quarter. "The company's aircraft division showed marked progress and is / were equal to $12.09 per share on the stock authorized and outstanding, after common 1,340,128 599,400 satisfactory basis during the increased: shipments despite curtailment of "Unfilled dividends, preferred 10,500 shares "continued regular earnings past year's net company's shares of net loss of a — President. showing all April 30, contracts———— tRepresented of ; "Operations to amounted 2,833,645 6,533,153 ______ —————— account— stock. stated, with $5,161,129 in the preceding / fiscal year, charges including interest, depreciation, repairs and provision estimated income and excess profits taxes. In the fiscal year ended after ___ paid and Co,—To Pay $3 Dividend— per share has been 27-to share 1940, 23, of $3 June per 1,500,000 2,533,945 stock— common dividend 5,333,410 1,500,000 — stock—— Government American Jones, to $216,336,567, its and company released as billed 10,000,000 1,346,015 of The Aviation Corp., for the second quarter showed a slight increase over those of the first quarter, according to a progress report made public by Saunders P. stockholders June with a backlog of business on the books for the fiscal year now current, of $424,810,772, according to Charles J. Hardy, President. A substantial proportion of both items is derived from the company's normal, as distinguished from its war-time, activities. Sales in the preceding fiscal year were $67,192,012, ;5V:V thd on contingencies Shipments * second time in annual statements its increasing effort,-the 43rd report of the company, for the for participation. in $7 on ; Report— 10,548,691 40,391,387 v. 155, p. 2272. ; p.. 2090.. American Car & Foundry Co.—Annual ■ sales contracts- on „—: common seven members from five, Mr. Murnane said. member's will represent the Alien Property Custodian.:— new taxes A payable per Total increase the Custodian to Property 30,000,000 ■— — common surplus local American Dredging 30,000,000 14,216,681 and state —— •Represented by Alien the —_ _ , dividends on on Earned Custodian Property of five directors, etc. Federal, (banks) for Advance ^directors. to two 155, Alien present board intention the board the for Reserve 30,000,000 30,000,000 j_ reserve Dividend 19. May on par) ($100 ————_ payments received Insurance by stockholders. quently taken is the declared Murnane Custodian, Property for payable Advance held by him in for account of foreign interests, had been deposited with reelection It Bills ' annual meeting of stockholders, held on June 23, Chairman, announced that 535,000 shares, repre¬ Crowley,. Alien Mr. the ' of outstanding shares of the corporation, trust stock Accounts payable, 1 • . Deposited With Alien Bosch Corp.—Shares American v stock tCommon Provisions Property Custodian— an Preferred 2178; " At Liabilities— March 25, June 25 year-end dividend of $1.25. Payments in 1941 were as follows: year. and Sept. 2451 $300,000: capital surplus. $974774- total, $15,809,942.—V. 155, p. 2362. earned was paid.—V. 155, p. 46. Apex Electrical Tht! directors nrlor have Mfg. Co.—Omits Common Dividend— no action on ttyfTcommon dividend, but p£r u^It^ot rec0rd taken regular quarterly dividend of $1.75 preferred stock, par $100, payable July 1 declared the to holders of record / THE COMMERCIAL & FINANCIAL CHRONICLE 2452 26. June Quarterly distributions of 25 cents during 1940 and 1941 and on April 1, 1942. Pres. because added lias Frantz large a that stated dividend common yet reached full output and large sums of cash are being materials and He but used Electricity, Provision Appalachian Electric Power Co—Proposed Acquisition The Federal Commission'June 24 announced receipt of Power a and gas in cash., water , ■ , ■ Other Other _ Deductions of and of $32,500 of total a first 103Va and Called— be at made Y. City.—V. York New Trust Bond & Co., deductions of of subsidiary Associated income ______ — from 1,925,162 3,628,000 subsidiaries been Payment will Broadway, N. Y. mai& revenues oper. Net Other (net) Other $932,297 $13,754,052 664,007 9,778,743 Dividends applicable for 575 11,065 2272. p. $268,865 $3,986,374 1,971,423 —V. income $105,119 $2,014,951 155, p. 2273. 949,265 group 949,265 $1,065,686 $395,592 Income (Including Account domestic units 1941 Net sales of Cost net The V . . of (excl. depreciation) 55,670,205 41,136,434 34,761,496 profit —$22,949,478 $16,217,269 $15,951,940 10,582,452 8,914,166 8,720,379 from oper.—_ $12,367,026 $7,303,103 Deprec. & obsolescence. 2,140,489 1,737,891 profit. oper. Other income $10,226,537 „— $7,231,561 1,675,779 $5,565,212 $5,555,782 Net 27,725,318 and $9,572,045 Fed. inc. Fed. stock to June 27 paid for Loss $262,377 §229,858 exps.___ 597,356 501,494 492,895 367,617 (est.)—, 1,654,255 *1,115,825 852,551 the at Net . v- 44,815 - 158,781 buildings, 56,204 and age $4,241,258 divs. $4,154,066 $4,485,009 Shares common 2,821,730 2,821,730 1,056,433 211,976 211,976 211,976 69,000 Earns, per stock.. 1,410,865 1,410,865 1,410,865 $2.86 $2.79 $3.03 $0.77 for Federal excess modifications) been expressed in U. S. currency on the basis of aver¬ age exchange rates quoted during the respective years except that depreciation charges have been based on the U. S. dollar cost of their fixed assets (as revalued Jan 1, 1933) that and with —V. ings in S. U. dollars income, of the but and on in included earned company's investment in equity in the underlying are not are reflected are available to as in the foregoing statement of through the adjustment surplus foreign subsidiaries to the basis of its in UTo the basis of lower of cost or 1940 and $16,777 in $71,500 State to market, ' , , ,, ' Assets— Cash Inventories Prepaid $3,740,885 • -J I 246,962 f 8,864,295 receivable, 29,666 Goodwill Total 363,585 $62,652,698 $57,328,967 for State Reserve 4% for wage preferred tCommon inc. cap. earners and other unemploym. Earned 365,073 500,000 500,000 5,299,400 5,299,400 8,123,465 I_III HHH 26,383,324 escrow depreciation 1941 and for surety bonds. $19,328,068 revaluation $3,527,704 in value.—V. Artloom of lieu of 155, p. 1% 1941 effected 1940. as tAfter deducting reserve $20,111,178 in 1940 and and of Jan. 1, IRepresented by 1933, of 1,410,865 $2 774 311 shares of in 1941 p. 1914. a share.on * Mar. 28,'42 200,000 " " ' authorized the furniture and April Mar. 22,'41 Mar. 23,'40 Mar.25.'39 • no ' " shares of par r * " ' " " - T common stock-—V. 155, ' * - *'-■■■ *•'* the 365,850 6,671,914 Cr200,941 months the same the by Cr200,941 on June 24 announced of 1942 period Baldwin of to stor- fixtures, 155, 498. p, Works Account for of 1942 were $59,637,056, compared with $15,006,114 loan to be of a 1941 April All figures subsidiaries are for the Baldwin Locomotive Works and alone and do Include not of the Midvale Co. the stock.—V. 155, p. Net sales Operating Other $1,684,555 Federal 1,633,421 $1,733,747 1,776,933 u 40,475 45,735 42,722 65,136 4,856 3,913 10,419 53,000 Cash Cr866 794 2,966 4,828 $126,173 t$252 t$93,726 f$200,738 hand in and banks, $112,069), 1912 accounts $327,604; $1,210,427; and notes ^ reserve, loans, $1,572,500; $545,075; accrued liabilities, accounts payable, $2,349; cumulative stock 155, p. New no $258,014; accounts special for reserve prior (125,651 ($100 par), 498. this on on A stock issue (28,039 The previous July 22, 25 1938.—V. delayed A distribution April 20, dividend directors last, was 155, have vendors, no State shares), $841,170; 7% cumulative pre¬ par $125,651; A. and G. the to Pratt, year 44,908 p. as action at until of 10 against initial an President, undeterminable $1,752,599 preferred stock————————— on 256,750 portion of The Eddystone Manufacturing United States Maritime Commission, Balance Co Sheet, Dec. 31, 1941 of a total, $4,305,504.—> per cents 18 Vi share on cents Dec. per tax), income banks, taxes $250,000; accounts, (includes accounts $192,031; $106,875 payable provision for for Federal 1941 excess 7% cumulative preferred stock ($100 par), $3,000,000; common stock (.113,762 no par shares), $3,083,985; surplus, $3,322,795; .treasury stock, Dr$711,983; total, $10,112,704.—V, 154, p, 794. ,, $662,775; Bangor & Aroostook Railroad Co.—Earnings— Toledo, Ohio, on the meeting to be held in cents 15 payable, $313,102; accrued Federal Period Ended May 31— 1942—Month—1941 1942—5 Mos.—1941 was made Operating revenues-— $620,464 $549,449 $3,429,517 $2,942,382 20, 1941. Operating expenses—— 380,054 323,002 1,945,458 1,723,592 accruals— 106,120 72,469 621,006 358,188 income $134,290 $153,978 $863,053 $860,602 share Railway on tax 1403. Co.—Smaller declared to date had reduce the dividend,- "year of the etc., and profits dividend Rent Distribution— of 25 cents a stated been that the satisfactory, contingencies company's per gross Other Inc. oper. income, Net ry. share on the common stock, payable July 31 to holders of record July 15. This compares with 50 cents paid on April 30, last. Payments in 1941 were as follows: April 30, July 31 and Oct. 31, 50 cents each, and Dec. 17, $1. for paid disposal Liabilities—Notes deposits, $33,024; other $15,000; capital surplus, $985,921; stock, par $3, common month. on 106,875 — at cost), $46,891; trade-marks, formulas, etc., at ledger values, $15,853; total, $10,112,704. advertising, shares), par $19,100; June on the next — (trade), payable . directors York — $5,664,529; prepaid and deferred items, $253,559; balance on deposit with banks in process of liquidation, $1,767; sinking fund, (443 shares Joseph Bancroft & Sons Co, 7% cumulative preferred stock, Aviation Corp. (Delaware)—Dividend Action Delayed The dividend $2,415,513 511,131 —_ values, inventories, at lower of market, $2,594,807; miscellaneous receivables, $12,063; property, plant and equipment (less reserve for depreciation, $209,615), $78,290; deferred charges, $48,412; other assets, $33,901; total, $4,305,504. stock .___ Assets—Cash on hand and demand deposits in banks, $868,195: receivable, $240,000; accounts receivable, $1,587,665; mortgage receivable, current, $2,500; inventories, at cost, which is not in excess of market, $1,407,737; marketable securities, at cost (quoted value, $1,139), $1,133; mortgage receivable, non-current, $21,875; other securi¬ ties, at cost, $1,000; real estate, plant and equipment, at cost or ledger tLoss. company. on (less income notes cost or ferred dividends "From *907 Consolidated Balance Sheet, April 30, V. for the — on tax— Consolidated — common income properties ——_ Assets—Cash 5,822 29,702 1,219,016 for taxes tax—i profits excess capital assets subsidiary _—___i_ $1,196,497 Net income 2,095,066 retire¬ •Of $1,232,021 $1,971,711 1,478,961 taxes — deductions, etc.— ________________ Pennsylvania $1,707,592 profit 5% 103,691 Income before provision Federal income tax ; 26,837 (net) stock, income. Other' deductions 1939 250,996 ' $1,128,329 _________ Income before interest, other Interest paid $1,944,874 —' receivable income Balance 22,345 expenses Net 10,314,24') — •Capital gain——— $1,711,402 the $11,693,574 ———— . 30 5,187 or which (Joseph) Bancroft & Sons Co. (& Subs.)—Ann. Report like 9,849 gen. wholly owned In 2363. Consolidated Statement of Income for the Year Ended Dec. 31, 15141 , advanced 1940 the 1942, unfilled orders of the company and wholly owned amounted to $334,650,730, compared with $161,942,347 on 1942, and with $131,910,721 on May 31. 1941. 1, Baldwin company owns 61.45% <;<7 Ended for 1941. Manfacturing cost, selling and administrative expenses, etc. for depreciation on plant facilities in use $1,679,368 income- ment of Years with s. and May 31, Jan. ,y %',;7v. ■ dollar subsidiaries at total, $2,243,724. and properties the $232,937,387, compared —.'■7;.....- • 1941, Locomotive $85,265; sundry a that wholly owned in May aggregated $13,576,676, including billings of cost cost-plus-a-fixed fee contracts, compared with 12,898,429 in and with $3,766,468 in May, 1941. Sales billed for the five period of On to issue not exceeding payable to the order of the evidence 2,783,707 17,600,000 in May by this company and its wholly owned $11,285,003, compared with $106,698,933 in April and for May, 1941. The month's bookings brought the five billed months company purchase certain Babcock & Wilcox profit 12,025,674 17,600,000 ________ taken was for same land, 16,414 sale The ♦ After profits 1,868,350 shares) par Brinley, President, orders Railway *§$48,864 *§$83,064 t$42,069 t$75,258 charges and $114,158 ($44,852 in 1941) provision for state and Federal income and excess profits taxes. tAfter depreciation, etc., but before Federal taxes. tAfter depreciation, inventory adjustment and Federal and State taxes. SEquivalent to 21 cents in 1942 and 37 cents - excess ________ $6,366,706 under 1671. Corp.—Earnings— 12 Weeks Ended— and 2,127,148 subsidiaries sources Vther on 12,312,851 $62,652,698 $57,328,967 in from Loss 26,383,324 I3j4884il I of Sales 8,123,465 ; contracts.. on 9,244,089 stock with receivable $1,691,178 inc. ^ after reserve Net 468,051 taxes — •Deposit in par 486,362 1,167,623 benefits surplus Total 110 $2,690,868 838 —I—IIII ; surplus in '707 3 565 814 stock stock Paid-in for $4 116 055 for Federal income total $69,999 accounts accounts payable, $3,456,558 1,670,192 1,320,270 2,773,989 costs for subsidiaries 7,644 $419,979 treasury, at cost, Dr$67,366; 'h:S */• :.;V- Income Liabilities—Bank etc.—__„_III_"~~ stock value Cr77,607 sales Fed. 23,475,021 Liabilities- Prov. 15 to from 476,256 1 Accounts payable and accrued expenses——, Due to foreign subsidiaries— taxes, profit 4,030,231 24,377,602 378,027 - ——I_IIZ Federal in $6,104,078 iu—— additional surplus and promissory notes, Carolina, to be given to used for 504,249 4,351,026 - ___! $51,542,387 $33,667,550 Baldwin Locomotive Works—May Orders Rise— $6,763 6,726 ______ $227,811; unsecured Res, 128,692 345,005 subs_I_II investments 1 43,514 $51,542,387 $33,667,550 "Represented by 9,030 shares.—V. 155, p. 2091. ______ after Jan, 31, 1943), $4,875; experimental machinery, traps, cold and , June be 6,996,045 1 134,586 $6,763 28,195 (due Depreciation 188,888 712,861 7,960,312 Total 15,928,735 ; tProperty, plant and equipment I_III' Paid-up licenses, less amortization-^—.^- for hand, on 1942 Gross 6,569,701 116,049 non-currentll! expenses Provision stock North Interest 1,792,722 130,000 -18,810,635 ————r_—— accounts Investments in advances to foreign Other 1940 foreign subs., current and and receivable Consolidated Total $4,420,569 :_i——w___— Government securities—— •Cash and U. S. Government securities Accounts and notes receivable (net)-— Notes of notes on to Selling & .1941' for "Treasury Austin, Nichols & Co. (& Subs.)—Annual Report— Inc. (Including domestic subsidiary companies) Due from 23,483 $448,174 company's lessee company,—V. Comparative Consolidated Balance Sheet, Dec. 31 S. 1,866,960 32,334 $419,978 (less depreciation 3% of amount 1938 gain sale of marketable securities. on 3,669,940 $1,906,057 3,037,679 receivable $38,901), $434,684; Inventories, or market, $1,063,263; cash surrender value of officer, $45,400 prepaid insurance, taxes, rent, cost life laboratories ICC ,'V SAfter deducting $24,863 in 1939 loss U. Earned doubtful 155, p. 1403. The (only 11 months operating results subsidiary in 1941). $ Includes $74,620 in 1941, $19,972 sales of marketable securities, 9,075,833 Cr906,076 515,067 _____ net assets the French 17,958,415 Cr6,910,526 contracts—, contingencies Capital stock (1,681,000 no Atlantic & North Carolina RR.—Notes— French subsidiary in 1940 a rate of $0,223 has been used. These earn¬ ($182,309 in 1940 and $378,581 in 1941) have not been remitted on Allowance to- the respect banks for shares common 2,448,332 supplies, work products finished taxes 94, accruals, $3,724; provision for Federal, State and local taxes, $32,063; operating reserves, $142,757; common stock ($1 par), $320,490; capital surplus, $1,137,316; Surplus earned since May 1, 1940, $560,310; 20,490 profits tax required. operating results of the foreign subsidiaries have (with minor tThe 8,026173 4 2,438,462 con materials and and liabilities Provision with $2.50 p. 1941 L Liabiiities—Notes payable, $29,167; 1,410,644 share. com. •No provision 153, special reserves of $373,431), $429,158; investments, $9,970; leaseholds, $12,5,00; patents and trademarks, $1; deferred items, $5,483; total, $2,243,724. $1,150,796 3,074,446 paid dividends—— 16,054,618 at payable Provision the on $3,509,337 - manufacturing plants, automobiles, less or (net) installations, iI—— I_I Accrued share 1942 operations in of on etc., $10,579; ■ Cr42,672 profit Preferred lower 1940 $4,313,227 3,696,884 and Total Consolidated Balance Sheet, Jan. 31, 1942 cost Common from allowance insurance to reduce invent. ago.— (& Subs.)— Increase in earned surplus for period—— 1,928,109 Foreign subs, profits raw $36,875,997 for bldgs. & ■ year compares 1941.—V. tax, provisional allowance— Assets—Cash 372,342 t 6 receivable charges 8,008,126 gain from sale of assets and investments— (less empl... a per — annuities retired $1 This June 26, - 129,464 1,872,120 of equip. fProv. on of Ins., taxes and exps. of idle plant and vessels— Prior period items $1,489,095 $186,290 in ; 3,004,000 reserve) Deferred Charles E. $233,068 $5,785,640 sale of on and dividend a holders of record June 20. 19, last, and $1.50 profit were $6,690,568 — _ progress Patents Electric Co.—Pays Smaller Dividend— sales Net $1,256,027 $5,827,589 tax notes _• on income ; 50% Liabilities- company Federal 1,352,846 $5.34 ' units . : $2,608,873 profits tax.; excess Purchase of $5.33 under emergency plant facility contract, recoverable from U. S. Gov't— Property, plant and equipment (at cost, less 6,963,172 396,231 other & Gas 940,758 $6,671,914 Expenditures \ for the week report increase an Cost of operations, materials, sales and admin. Depreciation Net Int. is 103,951,241 Atlantic Coast Fisheries Co. $10,622,768 — Income Total and Accounts Operating income, Net This Corp. Associated 9 Months Ended Jan. 31— Selling and adm. exp.— Profits the of 1,679,925 sheet.— 1940. shipments Reserves ■ „—_ $73,878 .. 1938 1939 Electric output 4,024,473 $9,244,089 __ wholly-owned, less dividends declared payments Investments 2363. p. paid on Dec. ; electric $7,612,672 profits tax: 1941, $8,910,000; 1940 $1 230 ,000. equity in profits of companies more than Advance Co.—Weekly Output— & $78,619,683 $57,353,703 $50,713,437 $37,297,363 sales Gross 1940 19, Athol Mfg. Calendar Years for Gas 117,959,367 units (kwh).7.3% above production of or 155, ^... subsidiary companies) Associated in • 7'•;/: ■ was common Consolidated 'y trustees of June Armstrong Cork Co.—Annual Report— " $10,924 014 1941 prices Inventories of 3,652,434 $567,012 $3,588,199 banks and on hand—" Treasury notes, at cost ! S. Unbilled $3,578,556 v $4,252,100 6,671,914 -—Ill- year "Assets—r U. 149,536 , 1,500,000 , to Cash -in 228,806 3,633,930 _____— loss The $1,344,857 pref. stocks for period income..: carried year — $80,820 in Accounts $3,066,919 from Associated Gas & Electric 1,986,214 ;g:; ;v and 300,922 .____ _III~IIII~ the declared excess but not 221,144 — . $3,331,071 163,746 ;; surplus 277,447 6,703 ' 2,690,000 Consolidated Balance Sheet, Dec. 31 $3,956,899 deductions Net 10,598 -__——_—_ —V.,155, 263,109- '.A—_—_A—$3,588,984 • V. 'Balance 1941 1,314,270 '•%%- •, 11,480,000 profits —_. beginning of "Includes 7,559 taxes 728,612 $6,280,260 Note—Company's $2,358,479 550,258 com- _______ expenses '791720 $17,232,100 2,061 excess contingencies— dividends owned ... — income Gross Other , $3,320,473 161,610 to 1941 Phil¬ associated and Surplus at end of year, per balance Earnings per common share.—, * $10,581,447 7,260,974 $3,975,309 $106,799 other for tract 1,036 ; the consolidated) in income Provision $268,409 * income (not in $5,551,648 .. at Total (con- — ended Net Surplus Companies Merged ■ income surplus 1942—12 Mos.—1941 $268,290 Interest, etc., charges- subsidiaries 764,065 $ig 440 380 _ Federal Balance of net profit for Cash 140 $267,373 ; Islands investments General 823,032 income Gross trustee, Co.—Earnings— $1,090,405 ___ revenues income Co., in panies Total 1942—Month—1941 deduct. rev. operat. Guaranty Trust Light & Period End. May 31— Operating the at City^T. 146, p. 3488. Power Arkansas From + redemption as of Sept. 1, 1942, at 103 and inter¬ be paid .■ Provision 1,920,756 $2,768,058 investments ippine -\;I ■< r>± gold bonds, due March 1, 1964, first mortgage 5% called for have est. Total From Terminal Co.— ~ __ $1,576,589 ______________ in operations—— on income taxes 3,628,574 $634,284 Co._____.___ 1942 investments $6,315,713 lio39,'932 amortization— — 1,609,332 companies.... Electric 1940 $17,480 312 depreciation, and income Total $7,125,919 12 Mos. End. Mar. 31— Income Call—V; total of $20,000 A & profit Interest Earnings of Company Only 155, p. 1687. Ry.-Bridge Memphis 1,703,315 $5,516,587 $6,187,445 ______ solidated) Arkansas 909,104 1,019,923 I— 194i operations-.-— for 1,963,362 [Including Subsidiary Holding and Investment During 1941] for will Payment interest. 100 Broadway, N. trustee, Net refunding mortgage 5% bonds due first and refunding mortgage 4 Va % redemption as of Aug. 1, 1942, at of 1,853,609 1,411,040 1,708,753 ...... taxes.. (net) and $57,500 1950 have been called due Net Other income income ment total 1,294,166 de¬ .. income Gross Income A profits on Provision 6,394,208 "Estimated and other items excepted in an agree¬ between the two parties dated May 18, 1942.—V, 152, p. 2380. 1950 resale and —. bank, bills and notes receivable, bonds excess Profit 2,085,194 1,502,089 for Income Account Years End. Dec. 31— 1941 6,932,285 2,178,419 $5,167,522 and taxes Operating exclusive Arizona Power Corp.—Bonds purchased (depreciation of fixed capital.. income Federal Electric price is subject to adjustments for changes since Oct. 31, 1941, of properties consisting of cash on hand and in the The and Appalachian the 1942 retirement 1942 [And Wholly-Owned Subsidiaries] —„L $20,753,718 $19,865,935 ^ a———— for pletion) joint Power Co. and the Point Pleasant Water & Light Co. of Point Pleasant, W. Va., for approval of the sale of all properties of the latter to the former for $379,000 by Consolidated Operating expenses Maintenance application Co.—Earnings— 12 Mos. End. Mar. 31— Operating revenues ; 153* p. 236. plant operation.—V. Monday, June 29, [Including Domestic Subsidiary Companies] omitted was is required for current business. completed changeover to war work, has company the Associated Electric made were cash amount of the that not for G. C. share per net— income, avail, Fixed charges 20,722 30,507 16,942 $174,700 $893,560 $877,544 1,420 1,661 8,145 10,891 $153,993 $176,361 $901,705 $888,435 59,733 net for charges earnings 18,283 $152,573 income. oper. 62,056 301,457 314,086 $114,305 $600,248 $574,343 fixed — — but that tax uncertainties caused _the,.lpon.r.d ..... pf.,directors _tp ... , .Net income — -V. 155, p. 2091. _ $94,260. Corp. (& Subs.)—Annual Barber Asphalt Consolidated \ • Cost, Other income 11,451,579 12,351,650 *$330,706 $530,102 409,407 511,664 536,939 542,623 Depreo., depl. U. S. 471,424 ' . Net profit $69,674. 155,246 37,072 $493,109 v-— goods sold- *$188,796 $257,679 Operating expenses $188,663 196,637 170,753 $61,516 $17,910 2,854 Dr7,473 li. ; —— profit income, net—X— — t__ a—_ , Net. profit Earns, !l.„— ; share per 200,000 on shs. of Other new officers of the division. R. Rolph, R. are Works Vice-President and Sales Director; G. A. Shallberg, Secretary, and Manager; $64,370 Co.—Output Up 6.2%— system output of the for the June kwh. 9.6% of was week 13, the over 1942, the to Edison Electric 28,647,000 kwh., as ended June 21, 1941, reported as 20, for preceding week ended June increase an 155, company, ended 26,965,000 of 6.2%. increase For kwh., this week with compared output was 29,031,000 week last year.— 1942, corresponding 2273. p. $10,437 stock cap. ubs.) Brazilian Traction, Light & Power Co., Ltd. ( ' Surplus Shs. stock par) 390,223, Nil Assets—Cash and banks in .Assets—Cash 390,223 Nil 390,223 ) $1.39 . tories to be required.. receivables (less" $73,642), $1,059,069; reserves ., Birtman Electric ($10 par), $4,133,330; 155, p. 1915;"' V'_ !'■' (W. H.) Barber Co.—Annual Report— t. , 4 Operating Cost Other Other -a——————————a— deductions •"Taxes income on . — 143,377 (estimated)-————————— Net The : to for $37,426. taken the year into income included in costs and expenses v.;\ ::V .>V-vV;. in the net profits of its unconsolidated sub-; amounted to $37,377, of which $11,015 has been ..depreciation Sheet Balance 31, Dec. Accrued / ; , 434,949 973,006 4,301 on 955,131 940,953 record —_a«a—'a-——a—a—8,486 v 1 8,580 $2,551,879 $282,958 $284,67^ —— - - ' 1 j v." ••• V ^ ' : a 155, Total \'A"a Federal income Federal excess J •; in cash- stock dividends paid Common ' Balance Sheet Dec. 31, Consolidated banks, and in on hand, 1941 175,377 133.541 $1.80 \ - $637,364; V. America—Accumulated Dividend— paid a dividend of $3.50 per share on 7% cumulative first preferred stock, to holders of record June 12. ; A similar distribution was made on March 3, last, and on.March 3 and July 11, 1941;-;-V. 155, p. 820. The June on company 18 accumulations on the account of Bell Telephone Co. The share record this the June 30. is owned 798,755 240,529 202,849 $1,204,982 8,836 $570,757 43,686 £$722,973 $614,444 the American by Results For Month And Four revenues " fncollectible oper. •perating rev.. expenses •perating ' taxes- Net —V. oper. income— of its : Months Ended April 30 1942—Month—1941 1942—4 Mos.—1941 $6,865,230 $29,154,633 $26,948,936 15,379 11,447 42,226 54,970 4,904,61;? 4,454,747 19,460,860 17,505,481 1.131,519 996,371 4,360,852 3,955,706 income 155, p. 891,061 —- $1,402,665 836,029 $5,290,695 3,467,261 $5,432,779 3,327,684 134,476 152,008 income , Corp. of $45,000 of nption as $1,696,630 • > ;. 107,571 $1,213,818 73,884 taxes, etc '1 213,900 +252,014 272,513 . 422,066 - Shs. 541,072 $376,718 10 has Hammerslough Mr. years is and Brothers 2092. been Bush Terminal Buildings Corp.—V. Lehman '.' the For of partner general a of the director a ■;; .• 155* ., Co.—Accumulated Dividend per share has been declared on the 7% stock, par $100, on account of. accumulations, payable Aug, 1 to holders of record July 15. A similar distribution was made on April' 20, last. The previous payment was a regular quarterly of $1.75 per share paid on Jan. 3, 1933.—V. 155, p. 2363. dividend A cents 75 of preferred cumulative at 101 and interest. .Payment will be Years Ended ; " ;, . Subs.)—Earnings— 1940 1942 $1,792,532 1,438,167 1941 $1,501,465 1,249,365 20,631 20,211 $334,195 April 30— $231,468 $277,236 & allow.) Labor, mat. and overhead costs— Depreciation a—20,170 (Jess returns, discts Sales profit Manufacturing •; $1,565,277 1,267,830 216,264 —_ 239,412 239,412 $2.77 $2.69 $1.17 224,245 $7,223 $60,972 119 246' 228 incQme-J—A-A-——4. $80,295 $7,468 $61,200 *32,800 1,211 11,649 $47,495 $6,257 $49,551 Operating profit Other income aa—, share per 254,019 $80,176 Oper. costs and expenses Total ' a___. — • Net 239,412 _— ♦Includes excess Nil .. . profit profits Consolidated taxes. Balance Sheet, $1,100; cash 194$ April 30, * Including Saltex Looms, Inc., to Nov, 10, 1939, date on which bank¬ ruptcy proceeding were instituted, tThe provision for depreciation of plant property for the year 1939 was $52,014, as compared with $422,066 for the preceding year (including $53,430 and $97,766, respec¬ Assets—Cash 1939 of Dec. 31, 1938, from an ■.1' $Loss.• cost. The reduction of $170,052 the adjustment of the property accounts caused largely by was * Consolidated appraisal basis to the basis of depreciated . ,' "*■ ■ •• x'-..• ' Balance Sheet, Dec. 31, 1941 banks, in accounts and $67,932; $175,606; merchandise inventories, $221,189; stocks securities, $200; sundry loans and other receivables, $471; fixed manent and other assets, net, $99,279; total assets, $565,777. Liabilities—Accounts $131,106; pay,, salaries and expenses per¬ accrued, taxes accrued, $4,765; res. for inc. and excess profits taxes, capital stock (50c par value), $128,023; capital surplus, $69,surplus, $154,741; total liabilities, $565,777.-r-V. 153* $44,714; $32,800; earned 629; 389. p. on hand and in banks, $476,196; notes receivable, accounts receivable, $1,094,948; finished goods, $916,312; work process, $791,655; materials and supplies, $2,417,099; cash surrender hand, on receivable, tively, applicable to the Saltex Looms, Inc.). in Assets—Cash $42,728; in of value Saltex for life officer's policies, $287,321; investments in the buildings and equipment (less reserves $3,194,209), $3,577,906; patents, trade-marks and of depreciation insurance $1; Inc., LoOms, prepaid land, and expenses deferred charges, $114,472; total, Calaveras Cement Co.—Earnings— ; payable,, banks, $750,000; trade accounts payable, $378,707; Federal and other taxes accrued, $1,059,055; accrued pay¬ rolls, $31,392; property purchase obligations due in 1942, $20,000; other current liabilities, $154,730; property purchase obligations due after 1942, $67,500; reserves for contingencies, $296,250; 1% cumulative preferred stock ($100 par), $1,530,210; common stock (239,412 no par shares), $3,141,841; surplus, $2,288,955; total, $9,718,640.—V. 155, 1941 sales Cost of goods Operating Other 215,907 220,809 —-1—a_ $294,980 $70,695 #_™_._-_aaa1-aa—1,000 income 4,072 $295,980 $74,767 - disposal of capital assets on expenses__ administrative income Profit Loss Interest (net) paid for Provision $1,168,514 877,010 1,243,158 sold general and Selling, 1940 $1,754,044 Years End. Dec. 31— Net Liabilities— Notes t Federal (net)-;— ._a-a4„ ... 3,863 3,568 1,012 — 86,857 taxes—,—— income . 16,266 $204,248 $54,933 1672. p. Net profit for year——— :_a_— Appropriation to reserve for war contingencies- Boeing Airplane Co.—To Pay $1 Dividend— The directors capitar stock, This is .share the $5, par declared payable dividend of a July 23 to $1 per hold'ers of share record on July firstN dividend since the initial payment of 40 cents Dec. on June 25 on 1937.—V. 154, p. 8, the 8. Bal. of Dividends per deduction The the directors 7% record first June on 17. 1935. The New York settlement in the June preferred of This 16 declared stock, is par the Accruals first now a $100, dividend payable payment to of July be on per 10 to made share holders of on this issue to the buyer of the stock, and U. S. Notes amount to $54.50 per share. Curb Exchange ruled that all deliveries after June 17, transactions made prior to June 22, carrye due bills dividend Balance Cash in and and ments Balance on notes— accounts receivable G. of C. the Gridley has Mechanics f been appointed Universal Joint President Division of and the General company.. $54,933 : : - 410,904 47,908 19,116 : — under contract for sale ——a at cost (net) unexpired insurance, 50,983 1,827,370 136,321 of 1,906,800 properties taxes, 1940 $1,47,403 52,990 (net)——.— 1941 $325,992 50,000 189,693 370,319 — — receivable and sundry invest¬ receivable and Prepaid $154,248 58,395 31 at lower of cost or market notes railroad Plants Dec. hand tax Treasury Inventories, Sheet, ' banks Long-term that the stock June 22.—V. 155, p. 2363. —— depletion and amortization included above as a $136,932 in 1941 and $115,818 in 1940. Assets—-* on surplus 50,000 from profits, Pfd. Stock $1 profit transferred to earned paid on preferred stock Note—Depreciation, 147, (H, C.) Bohack Co., Inc.—Resumes Div. of Huntington, W. Va.-< bonds dated Aug 1, 1936, have been called for ' !; ; $$823,621 w Borg-Warner Corp.—Officials Promoted— of Aug, 1, 1942, ; " Burlington Mills Corp.—New Director— J. Ham&erslough has been elected a director. past 125,706 $741,714 121,721 239,412 > „ par>_ (no common Earnings 51,361 $834,086 170,410 profits taxes—a. .-Net profit 1% preferred divs • ds Called— total 29,282 3/4: ——;- be ex-dividend on Realty .. etc.'*—a-—a:L inc. assigning 1828. iggs-Long 1941.—V. 155* 1941, and an initial of 45 cents on Nov. 21, 26, 1009. p. declared on the common 103,250 Total $7*403,967 $1,352,456 Dividend— payable July 8 to holders of record July 2. A similar was made on Feb. 25, last, as compared with 15 cents $1, Provision for income taxes—»a— ; Since May, Net dividend of 25 cents per share a dividend of 45 cents per share has been Nov. on £$671,612 a—.---aa;.X income-—. Other to holders of March, 1942; quarterly dividends of, $2 per share. All Telephone & Telegraph Co.- paid Period End. April 30— (Derating Reduced— : quarterly dividend of $1.75 per stock, par $100, payable June 30 From March, 1936, to and including common company stock June 25 declared a directors on on of Pennsylvania—Div. 19 declared June A similar 30, Cable Electric Products, Inc. (& 1938 *1939" " $497,847 _ goodwill, $1; $9,718,640. : 155, p. 1672. Bearings Co. of 1940 744,642 , payable, unsecured; $1,850,000;' accounts payable, $985,655; accrued taxes, payroll and other expenses, $502,996; reserve for Federal income and excess profits taxes,. $584,871; current instal¬ ments of long term loans, $276,411; long term bank loans (unsecured), $723,589; minority interest in capital stock of controlled company, $1000 ; 5Vz'/# cumulative preferred stock ($50 par), $3,130,200; common stock (178,055 no par shares)■- $3,295,088; capital surplus, $169,525; earned ,.surplus (from Jan. 1, l$JG)i. $944,411; ,total,: $12,463,745, Liabilities—Notes . Co.—25-Cent Dividend— on 965,258 shares of common June distribution Calendar Years for $1,567,413 as $1; total, $12,463,745. 25, . 649,326 $496,714 - accounts receivable (less reserve, $200,000), $5,563,657; inventories of merchandise, manu¬ facturing-materials, etc. $3,229,115; fixed assets (less reserve for de¬ preciation, $1,783,558), $931,589; store leaseholds, less amortization, $1,913,608; miscellaneous investments (at or below cost, including real estate carried at $36,187), $77,482; deferred charges, $110,929; goodwill, Assets—Cash per $2,057,157 Interest, $2.34 Earnings per coi^jnon share.'—-——L-—-— the like 679,874 Fed. 172,679 1 178,055 vi Account :X:,v 1941 v.V —-aLa-——.X- ■ $589,227 * a dividend of 20 cents per share on July; 25 to holders of record July 15. A April 25, last, as compared with 27V2 cents 20 cents each on April 25, July 25 and Oct. $2,587,751 Excess Net profit for the year_——L——stock dividends paid in cash—__a—a installments be¬ ' Buffalo Forge Co.—24-Cent A p. Operating profit -i—-*■ $1,667,348 166,368 — r Preferred on 1942, 24, Depreciation 32,431 289,000 '• >*!•• payable profit Expenses $709,851' 285,500 •' • $2,551,879 18%. cents in-preceding quarters.—V. 155, p. 2091. and Gross 79,201 tax_— •• :■ ..i paid was ,l. $742,282 profits tax— ' Nov. on Lehman Consolidated Income 252,183 $1,252,764 ————————- $2,662,849. 1503. p. stock, common 89,037 a———-I—X——- income Interest,- etc. $100,000 monthly payable in is 1943, with the balance due on May 25, 1945. The is payable in $100,000 monthly installments be¬ 25, 1942, with the-balance due on April 25, 1943- (Sidney) Blumenthal & Co., Inc. (& Subs.)—Report— 20,929 a---—-——L-. A 29, intended were Bloomingdale Bros., Inc.—20-Cent Common Dividend \ 1941, $1,231,835 —————— — income June against 15 cents on as 1940.—V. 155, p. 635. William a—. share .Jan. amortization--—255,584 profit Operating record of last, stock, payable July 15 to holders of distribution was made on March 13, last. Payments in 1941 were as follows: Jan. 13, 20 cents; Aug. 8, 25 cents; and Dec. 29, 60 cents.—V. 155, p. 1672. 910,830 a_—a—-ii——— : J- The directors have declared , Other 19, the SEC to reported financing 1942, directors the 272,326 —V. $15,230,713 $12,603,777 7,465,521 Cost of merchandise sold—8,857,952 4,176,221 Operating, selling and administrative expenses- / 4,885,343 and holders Feb. 189,185 269,664 instalment, sales, contracts:—_aa——a-a— Depreciation 62,475 627,000 1940 1941 . 62,325 627,000 •_ 1,048,958 surplus Total End Dec. 31 - . a 205,390 of properties charges on service credit including sales, Net 182,759 Earned surplus —L——_— (& Subs.)—Annual Report— Consolidated - Income Account ' Years -.' 189.185 amount -a the 25, stock, par '-La_L^Z—l|'_^-.l'aa— (par $5) Surplus arising frortf revaluation l to 9 on Budd Manufacturing Co.—RFC Loan—• Budd Wheel The including estimated provision Preferred "stock stock July ' * > expenses, Paid-in ' Barker Bros. Corp. ginning 130,216 accounts payable •a_l___-_aL-laL__Laa_l.__al-:_-' Common declared on the common share has been per made was —V. 155, p. 1672. 1,323,524 3,491 and Federal1 taxesAA——__LL——_a__aaa_» for - $7 capital surplus, $47.-, in treasury ($1 par), $2,208,420; $16,221; capital stock $2.93 31 receiv. notes „„a_——a_aa1— .Liabilities— ; cents payable for $5,400,000, —4—„_L————a—a_a—^ acceptances, Accounts1 25 has from May other, $190,090 Property, plant and equipment (net) Patents,-, licenses, etc. ; ! $221,014; U. S. Treasury bonds—at cost (aggregate $10,549), $10,037; notes-and accounts receivable $25,852); $677,296; inventories, $722,103; investment in and advances to- subsidiaries;" $556,278} ■ cash surrender walue of life i insurance^ $197,459; loans to customers and sundry: receivables,, $497,414; balances receivable on subscriptions for capital stock, $181,272; notes, accounts, and advances receivable from officers and employees, $28,984; other investments—at cost, $140,176; real estate not used in operations—at cost, $22,658; land—at cost, $44,365; buildings, equip¬ ment, etc.—at cost, .(less reserves for depreciation; $381,323),: $464,444;land, buildings, and equipment—at cost, leased to subsidiary (less reserves for depreciation of $12,356),-$103,322; total, $3,866,861. Liabilities—Accounts payable, $535,880; local and Federal capital stock tax accrued, $33,703; insurance accured, $4,702; Federal and state taxes on income (estimated), $167,500;* reserve for self-insured Perry," has: ginning on May 25, $242,001 assets Other Rathbone & 1940 Assets—Cash, risks, 219,450 $2.05 Dec. — Trade reserve, dated 31,445 125,400 1941 Deferred charges 772;..earned surplus, ..$926,012; 5,025 shares of capital stock cost, Dr, $73,350; total, $3,866,86L—V. 154, p. 1145. 155, p. 2180. that it borrowed $9,300,000 in the form of 4% notes. to repay the balance due on two prior loans from the RFC in the reduced aggregate amount of $5,398,205, and the balance of $3,901,795 was for operating expenses* including the acquisition of machinery and equipment. Two new notes were issued to the Federal agency. One for $3,900,000* 29,155 Sheets, of $12.50, company Proceeds $398,346 _L—— Comparative Balance v : l;: v:- Inventories 1941 —at 7,867,728 $8,927,075 $9,867,270 Gas Co.—New Director— the law firm of Larkin, of (Edward G.) Cr 69 6 $290,920 quoted market prices, (less and amortization.—V. 10, 1941, and 25 cents on Nov. 26, $2,662,849 Cash dividends. as Cr5,288 stock— common Assets—:'.v . company's equity sidiaries for $1,910,076 Co.—25-Cent Common Dividend— par The 37,000 profits- tax . excess Note—Provision ' 8,832,1' from the Reconstruction Finance Corporation 139,000 preferred stock on Drye, Jr., dividend Oct. 28,190 131,000 surtax™:- and W. similar distribution 37,408 19,000 tax Earnings per common share— 174,695 common shares—.a——— $1.79. profits taxes of $2,000 and after deducting overprovision for prior year of $1,622. \ amounted $601,841 —: on Dividends -i—i——aa-—————a——260,917 dividends Earnings per share on 1,644,727 $564,432 30,822 income profit Dividends ♦Including $428,559 37,894 deductions normal J. . stock, 65,305 Overprovision for prior years— profit$312,097 Net 78,420 —. Federal excess " Cash .l; 48,742. ■:< .48,787 credits_A——.Xl-———aX $16,794,803 $18,699,4 been elected to the board of directors,—V. 155, p. 1672. A $629,737 —a—— $455,520 Operating ..profit;, a——i—-a.—a—..a—_a—a———- t Other income and os.—1941 1942—5 $3,554,803 $2,093,123 —— Brooklyn Union 1940 $506,980 income Federal " . $466,453 profit income—; Total t: 14,675,001: goods sold, selling, administrative and general exp., of 1941 a sales' —IaL-aa—a_,_—-a_l—a-aX-——:.$15,130,521-" Net 1942—Month—1941 $3,945,891 1,852,768 ♦Before depreciation Buda r depreciation^—IlZZL——; fof Operating Other lr ■*'' depreciation.. before profit Provision ; Earnings For The Year Ended Dec. 31, 1941 Aff* . ; oper. expenses ♦Net earnings Co.—Earnings— :i Years End. Dec. 31— '.J J' from earns, Operating $512,043), $509,116; sundry asfcets, $15,420; $53,246; total assets, $1,198,383. . payable cost, $768,074;' total, $13,447,995'.—'V. Period End. May 31— Gross Liabilities—Accounts-payable, $59,153;. due employees, $22,081; Fed-:, State and local taxes, $15,785; sundry accruals, $37,132; cus¬ refundable-.deposits on bottles and cases, $43,787; trust deed notes payable, $13,555; deferred rental income, $16,253; reserve for product deterioration, $5,733;. capital stock ($1 par), $200,000; paid-in surplus, $380,000; .earned surplus, $404,898; total liabilities, $1,198,383., —V. 155, p. 1305. capital surplus, $8,806,043; earned surplus accumulated since Jan. 1, 1935, $183,628;. capital stock in treasury, at Stock of inven¬ assets (less fixed" $421,694; items $180,510; .V and accruals, $574,525; U. S. and income taxes, current and prior , years, estimated, $407,999;. for workmen's compensation, guarantees, etc., $110,545; capital, "Liabilities—Accounts cost, [Expressed in United States Currency] accounts $34,960; uncollectible cost, tomer's royalty contracts, deferred accounts, " 1,I'... XXX X a? '■■■■■ '■ '.vvv:.. $112,685; total," $13,447,995,:"' manufactured average on possible purchase at eral, real estate mineral deposits, concessions, and values (net), $6,885,674; prepaid and equipment, foreign hand, and for reserve materials for depreciation of reserve $3,607,404; hand,' on at preferred charges, investments, at cost or less, $2,976; inventories, $1,780,187; book 1942 deposits (less raw —Earnings— Sheet, April 30, demand on receivables : $163,946; $18,464), ). . other and .. ■. doubtful. receivables, and discounts for reserves at • Consolidated Balance Sheet,-Dec. 31, 1941 ' and , ,,, for excess profits taxes is believed Note—No provision ; . •' . . , Balance ($10 ——390,223 ; ! $0.66 '.. 1 ' — » $446,907 "t$332,822' f$383,886 $257,679 —————— common Earnings per share—— *Loss. tDeficit. . division Warner, Institute V. 97,545 Machine Drilling Boston Edison 145,208 $258,153 'sales———-—.X— Operating Other *$332,822 $544,452 - Rockford $333,872: 234,956 an 195,090 „ — dividends Common the 1941 1942 April 30— net t n suc¬ presidency Gustafson, Treasurer"and Assistant Secretary.—V. 155, p. 2273. Gross profit on : 365,425 4,826 *, 138,921 President as time to the entire A. 3 Months Ended inc. etc. and Manager, will devote his who Traner, Arch Sales, $1,067,041 367,343 364,928 C. of Cost of . taxes, E. Works and Vice-President formerly ceeds 126,, Net $180,958 amort. & Trinidad & $868,024 i—— trustee.—V. W. E. *$472,949 * Total" income The First Hunt¬ is Bireley's, Inc.—Earnings— • 14,175,003 $458,617 —— Va., mechanics 12,831,119 , W. 1938 1939 1940 Huntington, of 2453 3302. p. $13,702,054 etc.,,.—- expenses, Profit 1 1941 Bank National ington $13,289,736 $11,120,873 $12,881,752 business, at The First National Bank of Cincinnati, Ohio. made Report— Account for Calendar Years Income •' - of Total -vol. THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Volume 155 ^etc— 17,488 11,924 $2,932,398 $2,632,723 Manager He was ; Total —- * THE COMMERCIAL & FINANCIAL CHRONICLE 1454 ' Liabilities— Notes ■' payable, Accounts trade taxes, Payable to ; wages Accrued $57,482 187,808 — payable Accrued for and surplus' —:— 15,841 due 1,799,900 ——a—1— - held 2,553 under $2,632,723 155, p. 2363. at less cost depreciation, $113,033; tax expenditures $95,303.19 cluding ' accounts payable, -$79,653; accrued Balance, well as , Shares 1941 1940 1939 1938 The $1,729,886 $1,428,094 $1,400,466 common 1,075,416 1,623,522 1,368,093 1,282,830 $150,578 $106,364 $60,001 $117,636 - Cost and expenses-: „■ Profit . -Cther income Profit ■Other deductions Bond for 69,200 $173,072 4,664 5,512 101,722 103,559 depreciation- * : 169,124.. 166,183 34,444 Account to holders on Loss deficit to ' , '• $164,072 $114,960 Consolidated. Balance - Assets—Cash in receivable (less ventories, at investments acct._ Net administrative cents bank and lower of Sheet,. Sept. share per cost realizable estimated or 30, .1941 , Deductions Provision . Patent items values, Net Liabilities—Accounts . -V wages, $42,095; payable accrued from for Federal to • and general _* expenses—' ^ ■ — payable, trade, $103,903; salaries accrued •• June 1, income taxes, -hand tax • • f '' " V chandise California Oregon All Power Co. Two 6f/t the on pref. stock, Full there.'will be dividend no ' 1' • two arrearages due '■■ (at cost) (less reserves Earnings— for pref. each stocks. issue of stock Cost, 31, 1941, Copper $175,273; Co. (& 1940 It ; _ operating expenses and taxes Rent for lease of electric plant-—— Net . income— operating Other income 3,308,425 - * Profit $7,544,505 —1——. (net)——— 238,833 $2,086,564 ■ Total Crl50 Federal $2,061,630 2,617 — income Gross income Total income Net $2,086,414 deductions — Net $2,748,225 31,011 , ' • ' $925,574 notes and accounts California Packing Corp.—Annual Report— .(Ana — wholly ownea subsidiaries.) —• Feb. 28,'42 1 ' Feb. 28,'41 \ ; —-.^-7--—. •Other income Feb. 29,'40 Total $3,589,856 Packers 68,322 85,786 $6,030,819 profit—— $3,658,178 $3,912,591 *832,818 v Federal income taxes—————— Federal excess profits tax— *107,176 >:,"■ Profit —— tDebit 16, 762.542 — — were ' *$713,594 $779,018 in cents dividends——; dividends—————— 'jIIII!/'" I—II ^ 7. $2,624,699 r per ■■ -r...... Sheet, Dec. 81, 1941 securities ', j on " ■* Earnings _ — per *Credit. common share—.— tAdjustment of Consolidated Assets—Cash i in $1,799,760 — 187,465 ——— banks $3.11 investment Balance and on $1,547,147 in $55 169,456 V2 Packers June The 23 June shares Liabilities payable, trade to Federal and accrued British income and excess profits taxes, Voted—^ in voted pre¬ made of accepting the offer by the Bethlehem Years End. Dec. 31— Gross sales, Operating Net . expenses loss Other less freight from — and on ms ~ .... income — and ^ Sheet Balance at as Jan. » Goodwill Provision for svVr Depreciation doubtful note receivable factor ^ . — —— sinking fund.. ........ — —— patent rights.. —.— ' —- — Depletion , Net ........... profit for ■ 1— year— retire i . Balance Sheet, Dec. 31, : Assets—Cash note receivable trates -•* sold but •* in banks (fe3s and reserve on of 5 Vu % 1 • j., J -.v i 14911 'iffi $14,039 t.„ v -f.A' outstanding, trustee's at par April 1, 1942, through received). Funds Bondholders coupons, the ' filed 23 office at St. also are have been Louis, Mo., $35,000,000 Deben- registration a statement with the the underwriting group, later amendment. the other members of a will of to is carry the and filing 1941 consolidate the com¬ merger that combined Federal which is * calculated maturity. registration the statement the pro the corporation and its subsidiaries of Celluloid Corp. into the Celanese been consummated prior to that merger such in fund before with of sinking a Issue operations the had net 1941 year^ sales and increased that net from earnings, $50,686,103 before in interest taxes, increased from $11,590,780 to $16,387,300. consolidated approximately $100,000,000. (Further details are given in balance sheet at Dec. 31, new 1941, before financing, showed total "Chronicle" of assets Thursday June 25.)—• p. 2180. Aguirre Associates — Organizes New Com¬ and Will Distribute Its Stock Dividend— as company of shareholders Central of Aguirre have voted to June record stock 30 all of the distribute owned by Central Aguirre in the ratio of now share of Central Aguirre stock held.—V. Central Arizona Light & Power Co.Period End. May 31— Total oper. on Tybor July 9 Stores, share of Tybor 155, p. 2363, < * —Earnings—, Net operat. (net)..,.— I; » $353,989 $5,150,602 $4,827,544 373,906 revenues- income 1942—12 Mos.—1941 $406,448 deduct. rev. of one 1942—Month—1941 revenues Other 308,995 4,295,541 3,860,766 $44,994 $855,061 $966,778 '15 10,130 17,889 $865,241 $984,667 $32,542 'V 15 ' Gross income Interest debentures * * ' '*' 111111 charges 7,000 Gross 179,000 130,000 —- — Fed. stock, This no par compares value, with payable 40 20, 1941, and 10 cents I " , » >*J , *•;.»•' June cents on paid Provision Dec. 27, :■ ! 4 ; p, a ' l'f « .■*..' I - ' . i j "i: •, - • I.' ' -. . >•(*■• \: 1942—12 ^OS.—1941 $788,937 $10,708,804 313,703 4,121,673 $9,859,628 3,954,231 1,177,035 taxes- 77,400 58,700 963,200 74,500 36,700 714,027 J 1,088,344 845,900 „ 376,900 deducts— etc., 128,000 122,000 1,494,000 1,415,000 «$123,904 1 59,248 $161,837 56,191 $2,238,870 $2,179,253 696,710 653,273 $64,655 ——— $105,646 $1,542,160 $1,525,980 $2,587,479 income stock • on on pfd. stock 41,800 *41,800 Nov. expense—. Balance —; w • ■' $22,855 ■ —V. 155, p, 2274. * - I '{ j 1 * 'i ! 501,606 501,607 Anfertizat. of preferred 2180. *; 1942—Month—1941 $834,468 329,434 i ' f * V? 108,054 95,996 amortization 147,704 last, 15 cents Sept. 30, 1941.—V. 155, w $640,138 stocks for period 101,230 Gross income— has-been declared on the common 30 toHholders of record June 24. on $516,436 pref. profits taxesfor depr. and Dividends share May 31— expenses income exc. Net per 236,475 $748,192 — taxes-- Federal 5,000 30,804 147,430 85,500 688,990 . cents to revenue Operating General ... 15 240,751 $624,490 108,054 —: Period Ended 47,000 1943 inventory contingencies A dividend of 19,763 $25*246 155, p. 2180. Interest, Total 20,190 Central Illinois Light Co.—Earnings- 327,930 — — subsequent to Jan, 31, 1946 applicable Balance $45,009 $12,367 ——- income Dividends -V. $32,557 — 2,066 , due within year—, payable July 1, Net present j now from of the financing is to refund $71,544,118 Operating (Philip) Carey Mfg. Co.—15-Cent Common Dividend . to 1942, were the on June on results 155, . $3 '—— —-— Minority interest in capital stock and surplus of sub General Latex & Chemical Corp. $3 preferred stock— Cambridge Rubber Co, 1% preferred Cambridge Rubber Co., common Surplus ; 1941 ■ Corp. Reserve for repurchases of General Latex & Chemical Corp. $3 cumulative convertible preferred stock — hand, $31,016; current accounts and $155), $27,802; inventory of concen¬ J for — Chemical & ... convertible Reserve loiess. undelivered, at net. contract settlement value, $15 891* , Latex general on money mortgage instalments for "income and taxes Reserve Note—The foregoing profit and loss statement does not' include inter¬ company safes or profits or losses, Callahan Zinc-Lead Co. has three subsidiaries, two of which have been for some time, and are • ——- — ————-— —. Purchase 15000 at 1, annum funds unpaid bonds dividends corporation for each $162,387 17,236 459,806 149,626 — liabilities payable preferred stock c 769 $3,406 their $20,000,000 of to Inc., $2,587,479 ——— payable acceptances payable Purchase money mortgages due 1M80 said per Central to 99,417 ,j — Dividend 4q'fm Inactive. —1 Accounts ./ ■ Pay The Liabilities- TTTT! ^28 379 Mo.—To above. debentures new :■ 6,366 1,305,384 235 171,312 406,713 28,688 29,976 — ——— in Total 103/155 »as —-—-------—--— Louis, 327,439 — -f- ,..I^— buildings, less reserve for depreciation^ and Accrued ' ? capacity t $127 637 • a with ' Trade 1'223 Interest be . have Er.change Commission covering a new issue of $35,000,debentures, due July 1, 1962, Dillon, Read & Co. and Glore, V. 1943 31, — * 45 052 administrative expenses and taxes will has organized Tybor Stores, Inc., a Puerto Bican corporation, with an authorized capitalization consisting of 800,000 shares of capital stock, par 50 cents each, and has subscribed for cash, at par, for 742,674 of its shares. Machinery and equipment, less reserve for depreciation improvements, less reserve for amortization—.— Prepaid expenses and deferred charges.. t. * $117 620 _ „ General St. • Leasehold loan wo send The corporation's of hand Notes payable 302^01 — act construction they compared pany receivable, other Land and $267 273 _ date payment of all The6 trustees Cash held $2,375,000 Report— I,,".1941 sales on Income Total and smelter charges Corp. giving effect to the proceeds of the good company, ' . Inventories indebtedness^ $7,000,000; reserve 000,000; 5% cumulative preferred stock ($50 par) $-,999,450; common stock (965,073 no par shares), $30,000 000earned surplus, $15,828,171; total, $61,999,977.—V. 155, p. 187. Callahan Zinc-Lead Co.—Annual to Corp, as if This shows . favor ' • the indebtedness.'. The Cambria stock outstanding, 123,361 Vz shares while only 300 were voted against it. of 2274. p. banks in Accounts and taxes, $334,289; funded for giving effect —. Due miscellaneous, $2 219 883' owing to Alaska Packers Association and its subsidiary, $1,179; accrued payrolls, .$209,921; accrued interest on debentures, $32,083; Provision for other in the Boatmen's National Bank of St. Louis, cor¬ receipt of funds to pay all first mortgage bonds (the purpose The , —,——————$103,332* Dominion of Canada Victory Loan 1941 bond, at cost—..— 441 Accounts receivable, customers, less reserves 108,174 (less reserve for Accounts corporation will completion years remaining until maturity of the outstanding debentures. issue will constitute the company's only funded 13 the sale, firm offer a Consolidated accounts receivable $22,346,492), $18,847,770; unexpired insurance miums, deferred taxes, etc., $613,382; total, $61,999,977. This their new Assets— Cash of 19. Corporation upon pany's outstanding funded debt, including*the retirement of approxi¬ mately $21,700,00a outstanding VU debentures and $3,000,000 of bank loans, and to provide additional funds for. general-corporate purposes. Through the issuance of the new debentures, the maturity of the com¬ pany's funded debt will be extended to 20 years as Cambridge Rubber Co. (& Subs.)—Report— $3 26 trade, $2,919,377; miscellaneous accounts and notes receivable $346 497* inventories, ■ $23,403,511; growing crops and advances to 'producers' $1,765,600; investments, etc., $9,310,757; capital assets depreciation Plant and that Forgan & Co. will head which will be named in 30,. Cambria • 155, Association. Sheet, Feb. 28, 1942 hand, $4,788,083; 25,279,769 ■ 1942 000 Vhr/o purchase all of Cambria Iron's properties share for Cambria stock.. a of terms Co.—V. $2,860,084 $2.56 Alaska June on Defense ovens; Building cents The Surplus 30,072,950 battery of coke ovens, adjacent to the coke Gary, Ind., works, will be begun in the , Corporation .... ^ „ -• Securities and ; , (at cost), $2,674,688; hand and in process stockholders may deposit their stock with either the Pennsylvania Co. for Insurances-on Lives and Granting Annuities or the Girard Trust Co., Philadelphia, Pa., and receive payment at $55 a share., Those who do not deposit by June 30 will receive $55 a share upon completion of liquidation of Cambria Iron * 112,479 on voted in favor of until $3,047,549 965,073 . $ ^ * common 1940 . S. Gov. Co.—Sale stockholders Under *241,865 ' ' , reserves, $851,185; minority interest in capital and of subsidiaries, $23,083; capital stock ($5 par), $10,027,510; surplus, $22,606,337; total liabilities, $34,630,051.—V. 155, leases at Of 247,464 $3,156,074 149,9731,206,341 - 7,788,841 Celanese Corp. of America- -Files ture Issue— and $3,295,013 7 - $* 13,886 and • _• 7'-:7 ' class B 1940 68,947 891,005 1,000,000 —„ Net profit The $2,693,646 — ' . 26,725.770 137,626,000 116,073 136 18,936,929 107,553,050 90,793,367 operated by Carnegie-Illinois Steel Corp. that the new coke ovens, which will interim of the Bethlehem Steel Co. to 87,909 adjustment--——— on subsidiary——-.-——— ).Contingent provision Inventory adjustment— Common U. 35 receivable, $659,861; copper Cambria Iron $4,893,122 — Write-off Preferred and 1,070,035 : and 2274. p. 644,123* — ( ' credits capital *26,550 '1,071,708 705,530 $6,008,000 1942—5 Mosl—1941 " American depositary receipts for class ordinary registered shares, amounted to 25% cents and share, respectively, and were payable June 26 to holders of record May 26. See V. 155, p. 2092. ; - 1,264,985 " —- 1941* ' $7,192,000 expected 2 9/10 Liabilities—Accounts payable, $531,399; taxes payable, $590,538; de¬ ferred $3,826,805 39,837 ————— Alaska of trustee, is in forma income Share of $5,990,982 ——————/ excess Carreras, Ltd.—Interim Dividend— delivered surplus Profit . • —— Cost, expenses Interest ' $80,867,790 $61,973,036 $59,441,928 and depreciation— 74,702,756 58,273,180 55,481,789 —.1 : 174,052 110,000 133,334 — is and A including depreciation and depletion), $2,202,205; copper sold (at sales price), $937,030; supplies at mine (at cost), $1,176,244; employees' retirement fund, $249,966; deferred charges and advances, $434,771; preliminary development, $190,579; investments in other companies, $100,672; capital assets (less reserves for depreciation and depletion, $47,529,741), $19,452,614; total assets, $34,630,051; ; r 7'Years Ended— and directed (at cost, not Safes 1941 , - ,, in i ; "v Consolidated Balance . 203,962 *$1,296,668 — cents 1,000,781 520,826 • Assets—Cash, $6,551,360; $980,780 ' Income; and 1942 ' $ . announced coke for payment as $2,626,381 822,964 1,119,084 i taxes—— 65 $2,741,301 651,882 —+ income 1,138,673 income —V... 155, p. 2363. : - 1942—Month—1941 new a was new available $2,595,370 Dr6,924 „ profit share. $2,064,247 1,105,635 — • dated Jan. 1, 1933, and due April plus interest at the rate of 6% per 5,396,887 $3,588,460 , _ "Equivalent to "I of Carolina $7,992,257 4,796,280 80,749 . Depreciation Depletion 3,060,505 .. for corporation's The $5,360,968 239,294 —— * * 7,769,691 behalf on Bonds— 1941 $5,634,284 — Total < annually, will be completed and in opera¬ time, the announcement said.—V. 155, p. 2274. 1939 $8,205,877 4,698,166 taxes_ $20,295; reserve of about 400.000 tons of coke tion in about a year's Subs.) $3,507,711 and ordinary * Ry.—Earnings— — the these leased total, 1941 Other income—.—■— —. April 30 1942 revenues of June sold—— copper • , on ■ Ended from expenses • loans, $65 $18,139; accrued sales'- 2363. p. It is announced Years End. Dec. 31— Revenue full Two pref. • " —u—w..xuu1^. future, it and of •••■ Operating revenue 155, near ''' ■. tax, 29,687,000 plant for mortgage payable to Dec. 31, 1942, $10,567; normal Income and excess profits taxes, $268,077; Consol. bills $331,206; cash $12,354; total,* Carnegie-Illinois Steel Corp.—Further Expansion- patents Hecla & defence May 31— Construction $689,332; Dec. -* 1 . 21,917,309 ^• on Federal Calumet full the on on Results For Years for (less and $0.51 31, 1941 assets national expenses—.. porate and quarterly dividends were also paid April .15, last (see V. 155, p. 1306)/ fixed Nil (less prepaid $12,800), $90,174; general reserve, $30 000' surplus, $546,541; total, $2,642,391.—V. 152, p. 4117. ' revenue.^.— banks, surplus, $833,271; earned surplus, $2.136.816.—V. 154, p. 1629. quarterly dividends of $1.50 per share on the 6% pref. stock, series of 1927, all payable July 15 to holders of record June 30. Upon payment of these dividends, ■ $326,793), amortization; reserve Arrearages Wiped Out— share $726,022; s accounts, " -V. $252,101; notes and accounts for doubtful accounts, $15,993), $312,047; mer¬ reserve cost accounts insurance, wages, revenues 100,000 dividend payable, $60,000; reserve for taxes and contingencies, $75,000;. mortgages payable, $91,433; capital stock ($1 par), $400,000; capital ; Tire directors have declared two full quarterly dividends of $1,75 per'share on the Vlo pref. stock, two full quarterly dividends of $1.50 per in •' " ' S diamond and swaging dies (at cost (at cost) -(less amortization charge, $543,485), $95,160; deferred charges, $7,307; total, $2,136,816. Liabilities—Notes payable, to banks, $30,000; accounts payable, trade, $112,306; deposits and prepayments, $15,398; expenses accrued, $65,492; * Declares — (less Sheet, Dec. and $678,269; prepaid Operating 253,869 ———,—,r„ • ...... 1013 bad-and* doubtful $22,131; "* , ' ' $205,208 ; $3.59 - 30, market), Operating 43,504 ——u—-— share,——— or for banks, Week End. June 21— ' 87,687 to surplus year, hand on inventory, depreciation, all Classes of Preferred Stock— on 49,519 ^profits taxes excess ————— common less depreciation), $54,847; 1 Quarterly Dividends and In Period Ended Net for the declared per receivable $15,068; y income Balance security taxes, $15,620; State other accrued liabilities, $21,716; revenues billed in advance, $14,899; purchase money obligation, $18,209preserve for compensation insurance, as self insurer, $33,819; 5% fixed' and income interest mortgage sinking fund bonds due Dec. 1, 1955t,\$3,050,500; capital stock ($10 par), $542,740; deficit, $270,115; tota^ $3,745,837.—V. 141, p. 2582. --/l*/■' income * Sheet, April cost Canadian National . normal ' merchandise of reserve and and earned $639,788. — $3.28' " profits taxes 28,489 — —— Assets—Gash social $36,360; I.: franchise and other taxes, ——— * * —$611,298 depreciation..————, charges,^.——__i—J..^—— and payable to ice distributors, $30,201 net Counties Ice Co., $6,067.; bond interest 1941, $30,505; property taxes, $54,251; reserve 17,335 $4.01 . * (lower etc, 429,114 • —— share.. 17,335 " Liabilities—Capital stock ($100 par); $1,733,500;"bank 000; accounts payable, $138,743; accrued $3,392,276 2,351,863 —- income Federal Dividends Southern *$38,222 17 335 17,335 " estate, plant, machinery, goodwill, etc., at for depreciation of $434,597); $1,598,432; stock of $2,642,391. , 1—:——-j■ —I from for Earnings advances amount $62,234 34,670 $22,177 out¬ $100). deflct, receivable, less on $394,008; deposit, $30,773; land, buildings and equipment (less of $928,331), $2,622,648; other assets, $242,136; deferred charges, $62,928; total, $3,745,837, depreciation 18,455 *$38,222 $34,838 — stock cap. or stores, the on amortization Prov. ior and for reserves 45,654 $62,234 Assets—Real July 22. This Jan. 26, last, and 10 cents ———1 income Gross $120,651; notes and accounts of $45,995), $272,693; in¬ hand, on doubtful for reserve 66,313 $56,847 Balance record operatiohs—w——-—I—— on income 10 of Ended Dec. 31, 1941 —— profit Other $100,856; $154,532 166,863 34,670 (par per •Loss Gross ■"V 1939 *$19,767 $69,508 cap. Earns, ; . 1 ... for Year sales—1—— of Selling, 7,000 6 share paid 15 cents per sales Cost 104,098 162,354 .165,762 « with dividend of a Aug. payable Aug. 28, 1941, and Aug. 15, 1940. Net 7,476 - ,, stock, Income 55,436 $129,202 $164,609 62,079 1 * —s--- Prov. for Fed. inc. tax.. ; 58,244 7 $196,138 —94,563 interest Prov. ' 45,560 ; ■ —— ———— directors have declared compares on v 1940 $107,888 — surplus standing , Callite Tungsten Corp.—10-Cent Dividend— $2,025,994 Years Ended Dec. 31— Revenues 1941 $123,160 income etc reserve, reserve California Consumers Co.—Annual Report- & Ltd.—Earnings— 1942 $236,372 Dividends paid payrolls, due . • April 30— oper Net income payable (in¬ in 1942), $125,726; reserve*"for repayment of advance received under selling agency contract, $30,000; capital stock ($1 par), $1,802,409; operating deficit, $694,623;* total, $1,362,533.— V. 155, p. 2274. : ; * ' • . 1 417,361 $2,932,398 leases, from Depreciation agreement on Deadwood property, $110,525; prepaid ex-, $20,586; deferred charges and other assets (includihg $5,441.55 from subsidiaries), $26,978; total, $1,362,533. accrued interest and provision for local, State and Federal taxes as other miscellaneous current accruals, $19,367; notes 158,140 513,214 - Canadian Converters Co., Years Ended Profits lease •Liabilities—Current 52,408 Ho'6?!! — i-—— 'Total —V. * Monday, June 29, 1942 at supplies, penses, 62,177 1,768,100 52,408 — surplus Earned 34,343 under (124,437 no par shares)-.--—-- Capital 92,490 , ($100 par) stock preferred stock 13,026 capital stock — contingencies— cumulative Common 10,990 1,878 —i income — Reserve 'Ti 9,008 employees——— and Federal taxes and cost, $17,236; miscellaneous investment in stocks of mining companies, at cost, $56,283; securities of subsidiary companies, $558,731; property, plant and equipment, net, $236,631; examination and development costs, etc., ■ on properties held under.' leases, less amortization, $147,821; .plant and equipment oh properties $130,142 • — miscellaneous officers for Provision materials ' * . ' . J i i •» ' ' . > 3 15,95jP $47,895 . T 14,853 $925,701 * 191,406 $832,967 ^ THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Volume 155 committee Dividend— Central Franklin Process Co.—Smaller "The the common stock, no par value, payable July 1 to holders of record June 19. This compares with $2 per share on April 1, last, $6 per share paid on Dec. 24, last, and $2 "per share on April 1, July 1 and Oct. 1, 1941. dividend of $1 A • —V. share has been declared on per J. members as Busch, Friedman. days 60 every names Francis X. William committee The taken steps the in - respect to the voting trustees. will In i , is are part. a The Commission June on v. 29 to 155,-p. 87. ■•+ < all what : v- "■ «. of the taken Yy • .-: ^ ■. The directors share, share per 14 June 24 declared on payable July distribution on Jan. cents; 155, 27, cents; seven Chesapeake Corp. — exchange denying for the its directors have declared of dividend of a 50 Commonwealth application The full filed tlement of in on holders York, New of of record June 30. A last, as against 15 cents Federal tax claims Baltimore at against the June 1941 disclosed Y in or notified being are at Swiss,Francs office the distribution presentation of Chilton coupon No. directors have quarterly a The in Total • The $2,535,646 stock Ry. Mr. valued at Davis said $1,639,514 than more $83,000. ~ , : Balance 30 April Sheet, U. to the Government has pressed a tax claim of $8,093,700 'based on alleged liability for 1936, 1937 and 1938 of $6,712,469 plus interest, and told the court the $1,200,000 settlement was advisable.; The claims represented income and excess profit taxes for the three years arising mainly from conflicts over tax liability on certain C. & O. dividends declared late in 1936, payable-in 1937. %V Mr. Davis said that after this settlement only minor current taxa.tion, winding up of the receivership and payment of. receivership expenses remained, and that distribution of the railroad stock held by ' stock, both j.—j.— declared , paid on Jan. were , , / . . - . 15, . of 40 July cents following Inc.—$1.40 Extra Div.—• dividend extra an dividend payable the kwh., 1941, week of 75 of cents $1.40 share share per the on com¬ to per disbursements and of per holders of record June 30: A share was-made on April 15, last. 15 July 15, made: Jan. 15 and and Dec. 30, 40 cents were 15 Oct. Operating . kwh. for the corresponding 155, p. 2364. and for . Account, Year Ended April 30, 1942 ,t;. $2,758,672 !— revenues Expenses taxes— ——— 1,425,895 - — depreciation and depletion Balance Other 391,212 Net —V. 300 ;_L—— 10,390 —— income' Income 4,940 $941,565 _L———— income Gross 14,564 :: 100 Contracts receivable— 144,800,000 decrease of 3.4'%.—V. Income 988 *19,755 *■ _ with compared a .Consolidated Gas Utilities Corp.—Earnings— 10,138 —10,021 /"" Inventories share, per , cents 10 distribution, company on June 23 announced that production nf the electric plants of its system for the week ending June 21, amounting to 139,- 900,000 1941 '• 1,267 Y—,21— receivable Accounts cents of pref. stock, payable July 15 together with a- 1st similar , regular a 1941, $518,827 135,088 ,S. Government bonds (at cost) "Accrued interest receivable—! 5 dividend semi-annual a A The Y;.'"■■ v'Y'/Y/ •' 1942 $459,608 Cash * * " ' $310,167 $292,148 — Comparative 30. of April 15, 75 cents each, each.—V. 152, p. 97. 1,329,347 Assets— • 155, p. 2364. ■ value partlc. June have directors During ; 1,335,316 income 14.05%.—V. or declared par 1629. p. 1941 "Y/ $1,627,463 Y for the corresponding week in 177,600,219 f dividend extra 154, payment ' stock valued .at. nearly $6,000,000, and 18,500 shares of Pere Marquette r record regular 15 1942 income Net subsidiaries Consolidated Edison Co. of New York, Inc.—Output— of dividend v" . the $1 of Provision assets, papers disclosed, amount to $8,612,476 and in cash, 199,786 shares of Chesapeake & Ohio Ry. receivership include April 30— of energy . Expenses Judge Rowland K. Adams signed the documents sanctioning the tax settlement upon request of E. Asbury Davis, receiver of the corporation, which was placed in receivership in 1939 by action of a group of former directors acting as trustees in a voluntary dissolution. ' with have on addition mon City & Suburban Homes Co.—Earnings— Years Ended electric show to Consolidated Car Heating Co.* * in Suisse 16.—V. 155, p. 2004. declared Corp.—Weekly Output— output of of 24,949,295 directors share holders Co.—Dividend Increased— '1 for $1,200,000, corporation increase year-end - stockholders. to to interest; at Credit of " 1917. p. / Chile 5% De Yodo that ' leaving large assets for hour adjusted compared as an The per i cents per share on the capital stock, par $10, payable Aug. 14 to holders of ..record Aug. 4. This compares with 10 cents per share on Feb. 13 and May 15, last.—V. 155, p. 1751. set-/ stock $8,142,900;- common $100), Community Frosted Food Co.—10-Cent Dividend— ' The 15, eight cents 24 (par Southern & kilowatt corporation 549,514 Makes $1,200,000 Settlement Of Court Circuit $28,798; stock . general business conditions of territory served for the week ended June 18, 1942, amounted to 202,- the year ended June 30, 1942, will be paid in or after June 30. The interest will be paid in, sterling .at the office of J. Henry Schroder & Co., or at the option of the in dollars at the office of J. Henry Schroder Banking Corp. London ••••• Federal Tax Claims—Paves Way to End Receivership— order weekly this of , cents per share on Corporacion De Ventas De Salitre income debentures .rate of 2Vfe% ,for the half . $128,071; $435,690; total, $33,681,800.—V. 154, 7 An debits, Co.), out¬ The plaintiff charged that the company sought sinking fund provision of the present bond issue.r-V. 155, • the Holders 1596, 1306. p. in In Zurich, Switzerland, at the current London rate of exchange on the day 15 and Oct. and July debentures new debentures. ... sterling Payments in 1941 were as follows: Jan. 15, 15, 1942. March 29, each.—V. March on of gold last.—V. quarterly dividend of seven cents a stockholders to 15 made was 5% _ ..in similar series a Chilean Nitrate & Iodine Sales Corp.—Interest— Y Chemical Fund, Inc.—7-Cent Dividend— per Against Plan Denied— the capital stock, payable July 21 to holders of record July 10. A like amount was paid on Feb. 25 and on May 26, this year' (compare V. 155, p. 398).—V. 155, p. 1674. Y for a hearing in the matter. proceedings should be action deferred Power shares), $8,977,200; long-term debt, $7,089,000; accounts pay¬ able, $69,103; wages payable, $16,983; unredeemed tickets, $39,539; matured interest, $306,810; taxes accrued, $357,177; other current liabilities, $11,768; deferred credits, $4,651; reserves, $8,230,979; surplui, indebtedness." The deposits (bond interest, rental receivable (Con¬ materials and supplies, total, $33,681,800. banks, $117,165; special receivable, $12,507; and Liabilities—Preferred Chile Copper Co.—Distribution of 50 Cents— says consolidated determine in accounts Light . ■ - deposits $306,970; $97,327; 155, by a bondholder, Justice Schmuck cited the "harm the company by any interference with its campaign or a change in its evade to of 15-year p. 2181. it appears that there are resonable grounds to believe that the common stock of Central has no value; that voting power is. unfairly and inequitably distributed, that the continuance of voting trustees results in unfair and inequitable distribution of voting power as well as unduly and unnecessarily complicatlng the structure of the holding company system of which they - plans."—V. the suffer bonded - holding company. a its notice the Commission In • should execution Court Justice. Peter Schmuck denied June 24 an applica¬ injunction to restrain the company from proceeding with an issuance made the on itself the for standing for a hear- consolidating proceedings and setting a date order an rather .complicated series of transactions pending before the Commission, the latter said the voting trustees constitute a public utility holding company within the meaning of the Holding Company Act of 1935 and are a registered holding company; that the voting trustees have a subsidiary company,. Central Public Utility Corp., which itself has a subsidiary company, Consolidated Electric & Gas Co., which ; report of etc.), necticut (89,772 Supreme tion • P. Wm. Marshall and at least once In Thomas L. • Childs Co.—Injunction Corp.—Integration Order— application by the vot¬ ing trustees for the common stock of the corporation looking ultimately to a termination of the trust agreement, the SEC ordered hat proceedings under section 11 (B) (2)—corporate simplification—be instituted with ing committee Messrs. a 155, p. 48. Central Public Utility , of such Henry F. Tenney, 2181, p. Simultaneously with the filing June 18 of an , demand having definite duties in that respect. court Sidley, 2455 deductions income $951,955 —- 353,803 !— ' — $598,152 — 155, p. 1675. ' • . " /. . ' Mortgages Treasury ... Real * the receiver would be made as soon asj: possible. ><\ - * /• another holding company, holds approximately shares of outstanding Chesapeake Corp. stock.— The Alleghany Corp., 70% V. 1,799,745 of ' 2274. 155, p. \ Y/ v ."..-,; . Chesapeake & Ohio Ry.—Earnings— May from Net Net ry. From Jan. , Accounts payablie *1939 22,734,793 Other \ * * - • . , bonds, due gold bond $1,000 per / share '*June is Interest " Y . 1941. " (made pany.—V. 155, : up of. eight issues) of the eom- some 2364, 2181. Y/ / 860. p. of 50 YY; " « ; ' /' -Y - the on 15.—V. stock, common 144, p. 3169. Y^.'Y,: Y.Y ? ./:"'■■■• V ■Y' ;• • ( was paid.—V. amortization Gross 188.' YY'Y~- -' : . Y.' , declared Commonwealth Edison showed a dividend of- 75 Steps Taken—■•*.•* ' ' YY - groups . -'; •••• \/ «- - holders' to the unification and reorganization plan for Chicago's Sur- ( face and the U. should now be declared should , be operative taken- and remaining steps necessary > . - . —Kilowatt-Hour Output— Week Ended— June 13— 150,635,000 The 155, ' :—_ 30__ —V. - p. 2364. •'■ 154,639,000 - 153,633,000 ' ! He Indicated he was certain there Operating revenues of properties by -Until company Gross ' Income to which a State ceedings authorities. the Initiative in those matters plan.-The court is of opinion, to ;obtain ^required "approvals shoiuld be should be taken by however, that proin the hands of a Corp.—Transfer Agent— - .. New York City, has been prior preference stock.—V. 155, Y i/!,/, ,Y"Y , ' Co.—Extra Dividend— an 495,321- sum The Judge Lee A. YMcCracken authorized the sale in, an order terminating the receiver¬ ship. The new company, retaining the name of the old one, is headed by A. B. Weir.gard of Butler, Pa., as President.—V. 112, p. 376. had been in receivership for the past six years. company (Peter) Cooper Corp.—Accumulated Dividend— The directors have declared dividend of $1 per a share on account and the regular quarterly dividend of $1.62V2 per 6^2% cumulative preferred stock, both payable July 1 accumulations /Of share the on of record holders to last. June Like 29. amounts Arrearages as at April 2, 1942, were share.—V. 155, p. 1507. , were paid on April 1, said to amount to $31.22 Va ' _ Portland Cement Co.—Tenders— Birmingham Trust & Savings Co., trustee,-Birmingham, and including July 20 receive bids for the sale to The until Ala., it of mortgage 6% 30-year gold bonds due Oct. 1, 1844, to an amount exhaust $15,549.80 held in the sinking fund, at prices to to exceed par not and interest. : , > 1940 • Creamery Package Mfg. 341,703 A mon dividend of 37y2 cents per Co.—37%;-Cent Dividend— share has been declared on 10 to holders of record June on Jan. 10 and April 10, last. stock,- payable July ( distribution $330,921 418,993 was made $742,295 357,695 $604,752 $384,600 275,468 -261,563 30. - the com¬ A similar 1941, the April 10 and July 10, 30 cents In 411,374 329,295 income deductions - Pennsylvania Refinery company's oil refinery, in operation at Oil City, Pa., for of the nearly 60 years, to a newly-formed syndicate for an undisclosed has been announced, according to an Associated Press dispatch. will $934,047 , income each; and Oct. 10, 35 cents.—V. 155, p. Crocker-Wheeler Electric Mfg. A dividend similar Reservations of net income: Int. on Co.—15-Cent Div.-nr- declared on the common July 20 to holders of record June 30.- A 20, last. The previous dividends share—Was paid on Dec. 22, 1937.—V, .155, p. 1598. v of 15 cents per share has been 10 Annual payment was made on April cents per long-term debt, held in and called for sinking fund .•£_ sinking fund requirement 66,285 (The) Ciimmiiis Diesel Englne Corp. 66,285 $262,999 $56,752 of N. Y.—Changes Name— Balance to surplus . •" Note—No ! - provision is considered necessary for Federal excess profits * ' ' " • • •. Balance Sheet, Dec. 31, 1941 Y ' Assets—Investments, $32,577,783; sinking fund (bonds deducted con¬ tra), $363,055; miscellaneous special funds, $50,124; cash on hand and name of this corporation has been Aircraft Corp. Offices and plant are Y. is announced that this change in name does not. affect in any either ownership, management, policy or products of the corpora¬ ' • ' i Effective """"' tax. , payable July 10 to holders of record June 30. An extra paid on Jan. 10, last, as against 20 cents extra on July both Coosa $515,054 net, ; extra dividend of 20 cents per share and 10, 1941, and 40 cents extra on Jan. 10, 1941.—V. 155, p. 1507, ' issuance of securities provided by the amended plan. approval is obtained the transfer of properties to the new cannot be" made. -*The court cannot now-undertake to give /proponents of , company .373,619 revenues, $5,805,785 $4,549,367 'stock, no par value, payable Net specific directions as-to-procedure to obtain necessary orders from tlfo - new operating Other income, that ' 5 the been granted -and $359,467 following payments were made: Jan. 10, Net , i ; for taxes ^Provision said, acquisition terminable permit has "requires approval by the Illinois Commerce Commission of ■ Y$710,134 -$8/757,522 $10,013,942 285,389 3,424,816 3,42f,81» ? '' 1 - ' 1 • t 65,278 783,339 78?,339- of 40 cents was $2,818,331 1,792,541 353,166 $3,438,335 2,054,341 Operating expenses & maintenance,, should be favorable action by -the Illinois Commerce Commission by the end of the year. "Consummation of - the plan," Judge Igoe's memorandum ' YY first . ./'Provision-for depreciation $13,336,606 $14,661,904 4,579,084 4,587,962 regular semi-annual- dividend of 80 cents per share on the capital stock, • -Y- Connecticut Railway & Lighting Co.—Report— 31— Y 1941 ' . 5,510.000 Broadway, 100 Co., Continental Insurance ; 6.4 8.2 12.2 132,431,000 • , agent for the 7% transfer 2006. \ 4.9 145,355,000 . 2,326,137 6,711,857 % Increase 141,989,000 - 12 Months Ended Dec. to ' Trust York New appointed p. per 143,552,000 148,585,000 ■ May i._ — 6 June 1941 -1942 20 June - • Approval by the Illinois Commerce Commission is still required to pass on financial features of the merger before the unification plan cari become effective; -Judge Igoe appointed a committee representing Various security holders' groups to carry the matter to the State Commission. ■ Elevated, lines, Federal Judge Igoe in a memorandum read in District Court June 22 said the court is of opinion the plan execution its ' S. 65,278 "392,381 $186,377 Continental Gas & Electric ; Co.—Weekly Output— are | ; :• J "/.•' r' etc. ' - -V. 155, p. 2275. Sale per increase over the corresponding period of 1941. Fol¬ the kilowatt-hour output totals of the past four weeks and percentage comparisons with last year:, ; Following the hearing of objections filed by "various security - " $1,102,516 *$537,044 285,389 pfd. stock pref.-'stock _Y_ sufficient ; 500,000 394,370 on of Balance . . cents 4.9% a lowing Operative and Remaining Necessary Should be Declared 5,234,866 $931,413 ^Li- • 3,80S,044 4,028,818 318,800 561,040 lu/Y income Amort, the Electricity output of the Commonwealth Edison group of companies, sales to other electric utilities, for the week of June 20 Chicago Surfacer Lines—Federal Judge Declares Plan ' 300r360 498,732 deductions- & expenses, " have 24, 1942—12 Mos.—1941 >318,605 . taxes and ——-, income Dividends • excluding par 155; p. deprec. The directors have declared share on the common stock, payable July 1 to holders of- record June 26. This compares with 50 cents per share paid on April 3, last. -Payments in 1941 were as f9llows: April 3, 50 cents; July 1, $1, and Sept. 29 and Dec. 24, $1.25 each.—V. 155, p. 1406. Y value, and on the .voting trust certificates representing common, shares, payable June 30 to holders of record June 26. This is the first dividend since June 30,' 1939, when 15 cents no. for Continental Refining Co.—Sell directors , directory have declared a dividend of 50 cents per share on the stock, i-ProV." Dividend— Columbia Mills, Inc.—75-Cent Dividend— The ■ The 1,520,471 267,954 —u— pi-of. ■•/ ' .. - the common $4,021,384 $51,551,249 $47,462,-951 1,535,948 :16,887,668 18,095,346 263,821 3,351,435 3,123,520 $4,097,615 - taxes--, excess Net have declared the usual quarterly dividend of 25 cents share on the common stock, payable Aug. 28 to holders of record Aug. 12. In each of the three preceding quarters a regular of 25 cents and a special of 25 cents were paid.—V. 155, p. 1831. , ,11 Chicago & Southern Air Lines, Inc.—50-Cent Div.— common taxes Federal: Income Fed. The directors cents per share has been $25,V payable July par expenses • " ■per i ' , declared on the common 1 to holders of record June 20. This compares with $2 paid on Dec. 27, last, and $1 on Oct. 1, 1941. The previous payment/ also: $1 per share, was made in Dec., 1937.—V. 154, dividend General c. a Chicago Railway Equipment Co.—50-Cent Dividend— A stock, * p. * $12,022,384' $11,811,402 liquidating dividend of $5 per payable June 25 to holders of record declared on and Nov. 28 and Dec. 1942—Month—1941 31— Lr—L revenue Operating " ' . Gross r Interest recently recently declared Consumers Power Co.—Earnings— Y 1,532,452. - was $4; Oct. 20, $1, 9, $1 each; June 25, each.—V. 155, p. 2005. Y Period End. May • , . Secondary Offering—Bear, Stearns & Co., it was re¬ cently announced, placed a block of slightly over $3,000,000 bonds ——,---. : : • Colorado Fuel & Iron Co.—No Special gprtfl bonds, due 1948. payable at qffi$e/of Chicago & North Western Railway, '"Y York. ^ 4,255,690 Colgate-Palmolive-Peet Co.—Secondary Distribu¬ tion—Union Securities Corp.; after the close of business June 18, offered a block of 20,000 shares of common ; stock (no par) at a fixed price of $14 per share net. /Dealer's discount, 65 cents less 16 cents management fee. The shares have all been sold and the subscription books closed.—V. 155, p. 1505. Y/Y' 'V, >Y;f {guaranteed first,mortgage 5% •New ; 4,255,690 share per June $3 i; presentation for stamping of the Peoria & North Western Ry. on directors The 1, 1936, from St. Louis, due Jan. • 500 Cleveland & Buffalo Transit Co.—Liquidating Div. 7 y due 1948, if the pending plan of reorganization approved by- the court is placed in effect, as follows; Y ! Y Y la) $29.90 per $1,000 bond on presentation for stamping of the coupon due May 1, 1936, from Chicago & North-Western Ry. Co. 43A% general mortgage gold bonds of 1987, stamped. ■"/-; <b) $32.50 per $1,000 bond on presentation of stamping of the coupon due Jan. 1, 1936, from Milwaukee & State Line Ry. Co. guaranteed $34.60 —/ - -V. 154, p. 1261. 7,063,446 , (c) - 1,581,973 Total 11,341,209 YSrk Stock Exchange has received notice that payment af an amount equivalent to the fixed and contingent interest earned during 1941 will be made beginning July 1, on the securities to be /issued in exchange for (1) Chicago & North-Western Ry. 4%% general ; mortgage.gold bonds of 1937, stamped; (2) Milwaukee & State Line Ry. guaranteed first mortgage 3Va% gold bonds, due 1941; (3) St. Louis ".Peoria & North Western Ry. guaranteed first mortgage 5% gold bonds coupon 187,307 4,080,919 -ii—500 ——Jx—L--. $3 par YY Chicago & North-Western Ry.—Interest— .'first mortgage Vh% sale of property-—: — Surplus The New i 1,725,321 of value, payable June 24 to holders of record June 16,3 This compares with $1 paid on May 25, last, and $1.50 on March 30, 1942. Payments in 1941 were as follows: March 17, April 18, May 19 and stock, ho Y •14,176 . (par $10)—.—:_L——l_i— Capital stock ■ Y on reserves $21,143 129,771 17,311 1,794,198 r 193,903 3,866,428 V v 156,017 - dividend A ' 37,728,087 16,448,793 ■ ------ for depreciation Reserve 812,996 ; 53,636,671 , - $20,480 " ' ------ credits Deferred-credit > 1,586,284 . railway.,,.. 67,783,063 52,138,950 Net from railway /Y 29,575,480 21,496,281 Net ry. oper. income— 12,502,330 14,114,212 —V. 155, p. 2092.; v '■■■■ ■ - "r ' -L Accruals • $6,397,913 . from Gross x—_ Mortgages payable on land and buildings—— Y. ' • 1942 : 1941 • Y ' 1940 railway,.:;.- $16;631,812 $13,485,035 $12,090,641 8,558,934 6,971,716 5,742,938 ' 2,636,778 4,833,174 4,146,141 1— ■ • <-.»-• » / ;t Y railway___._/. oper. income, (at 'cost)—: Consolidated Rendering Co.—$3 Dividend— • "//Vyy V: : — from Gross 172,436 1,852,414 8,903,690 142,609 123,944 cost)-— (at —$12,022,384 $11,811,402 Liabilities— 'v -■Y! r / Y,f■YYv ■,'• 1!■7... :/,.-/.1// • Deferred > * //' Total /Y"-' .... land buildings Equipment (at cost) Deferred charges —; ' , estate, Real estate, 224,735 7,9.72 r' 1,868,026 8,926,830 127,263 106,819 195,452 receivable stock ■changed located It ■wav tion. to at June 1, 1942, the Rogers Diesel & Leggett Ave., 1120 New York, N. THE COMMERCIAL & FINANCIAL CHRONICLE 2456 Copley Press, Inc. 1941 Oper. 1940 1939 1938 $3,723,347 $3,163,427 2,612,493 $3,109,990 taxes—- & exp. inc. oper. Depreciation Net Other 58,287 65,269 68,242 $693,108 $485,665 $534,604 19,656 funded on interest for debt 18,893 40,153 20,932 $970,001 31,804 $712,001 $525,818 $555,536 40,671 59,125 22,633 inc. 138,627 63,723 68,534 203 603 6,456 9,608 amort. exp. year bonds Average interest the on a before. year trust 1940. in showed company the collateral 15,640 368,033 taxes Last $1,500,000 69,667 23,086 21,349 ——__ Fed. Debt disc. & 2,507,144 56,943 income Interest 2,971,953 $950,346 . income Total Res. 3,222,370 operating income Other Utilities, Ltd.—Bonds Offered—W. C. Pitfield & Co., G. E. Leslie & Co. and Eastern Securities Co., are publicly offering $800,000 of 4%% collateral trust sink¬ ing fund bonds at'97%. This issue does not represent new financing as the bonds, which were issued in Feb¬ ruary, 1940, were taken up privately at that time. (& Subs.)—Earnings— $4,229,659 Years End. Dec. 31— Sales & Misc. Monday, June 29, 1942 Eastern profit amounted earnings bonds income gross Net to $180,782, the over amounted of to $1,000,000, available for $149,098, with Interest on Federal and requirements of $54,000. interest Interest Balance to surplus- $548,613 Consolidated Assets— $509,014 Plants, Notes, _ Inventories Cash - debt) deposit with able 333,954 made 407,926 on 317,059 308,659 cents per the on 1% 102,278 cumulative 471,502 record preferred June 20."- A stock, similar account on $10, par of Ebasco • — Jan. on 2 arid April 1, last, as compared July 2 and Oct. 1, 1941, and 17»/a cents each 155, p. 918 ^ " v Services with 35 ^ was cents Net each and April $389,007 ing $7,934,658 $437,686 American Liabilities— Notes, accounts payable, Interest Taxes accrued funded on debt debt Deferred —— ——, items Reserves Preferred ._ Capital ; the corresponding week follows: as ties 163,493 Operating Subsidiaries of— 110,333 American Power & Light Co.— 149,427 1 45,116 4,311 3.0 Electric ,81,153 74,382 6,771 9.1 of 108.203 101,589 6,614 6.5 June- 24, 1,000,000 1,000,000 1,000,000 2,485,942 942,946 —1—1—r.-__„—„—— & Light Corp.. National Power & Light Co.— 1,000,000 2,647,665 —____—————j_* Power 942,946 Amount The above figures do not include the system inputs of appearing in both periods.—V. 155, p. 2365., - not any Total -V. $8,038,493 151, $7,934,658 Samuel A. Seventh Avenue Corp. (Park Central Curtiss-Wright Corp.—Discontinues Quarterly Reports The War corporation Department Stock 20 '/'• "The at arrangement by ■ the request of with the Dec. on The War 1941, 8, increase filed is propellers," and since will be prospective earnings for 1942, it on believed that the such that the 155, effect of existing the legislation proposed company's net profit will be materially reduced." 2365. p. The directors have stock, similar A declared $1, par distribution previous payment, dividend a payable of 60 July to made was this on also 60 cents, 15 cents of made on June was July record June on The 1941. 20, 2. 1937.—V. 155, 18, 1119. p. the bondholders' committee with Samuel E, Magid Secretary.—V. as •; De Beers directors The tion Consolidated New for upon a that :• by the , the on June on deferred This year. uncertainties, 18 despite to make any deferring action states, company the •'; decided not shares, the action, maintenance of until / interim distribu¬ the end of the taken was in diamond view of war since sales the beginning of the year at last year's level. It the announced was that the York dividend of 20% on preference stock will be paid.—V. 152, p. 3648. Supreme a Supreme Court Court ruling, June on the 19 Appellate dismissed (; Division of stockholder's a the , ' 6uit of cents 25 share has been declared per Gas. a United Gas Electric is Bond Appelate a & 50 on the affiliate. in '• . , Period End. Mar. 31— E. able to J states: 787. p. "The debentures 11,492,436 taxes.. propriations 1, operat. „— Mr. 6,142,797 profit — ♦After all i Gross (net)_„ jDr542 income Such in¬ 12,439,298 4,923,119 21,546,954 tBefore 1940 etc., the trustees certificates record July of 14. public .12,441 378,021 257,968 9,320,431 9,470,268 32,776,409 30,583,161 ,3,711,871 14,496,434 14,833:112 5,758,397 18,279,975 15,749,719 1,972,817 1,971,613 7,887,976 11 similar cents interest, distribution share per of nine payable on was each cents Aug. made Feb. 51,806 on Lt. 1 on .share on holders of last, 3,786,784 10,391,999 7,863,267 534,298 179,310 May 1, Net equity, Other 2, J. Lynch has been elected President, Duluth succeeding Wm. A. from ry. 1941 1939 $183,200 $117,744 $121,573 Net 54,402 15,114 22,141 22,503 *7,818 702 *18,782 934,400 667,746 589,191 146,702 110,039 59,128 106,390 4,381 ♦18,427 income. 155, From Co.—Earnings- stock of Year Ended April 30— 1942 25,119 16,896 118,227 74,088 4,973 4,835 26,521,709 _y- , operating revenue—.. 58,351 374,733 _ 1,587,725 ► 3,117,359 7,886,106 5,435,140 end of each of the $12,691,733 $12,676,194 $2,618,159 $2,819,480 deductions income $10,073,573 —— $9,856,714 —V. 155, p. 2276. and ■ The the directors common compares have stock, declared payable July with $1 each paid on dividend a 9 to of 75 cents share per 1942—12 Mos.—1941 $3,522,089 is -620 3,563 $805,980 $3,522,709 $3,441,479 in 16,896 118,227 74,088 4,973 4,835 19,566 58,351 374,733 holders of record July 1. This p. 88. $725,898 $3,010,183 1,587,725 - $315,579 $1,422,458 Eastern Magnesia Talc Co., Inc.—Extra Distribution— Quarterly Dividend Rate Also Increased— and directors have declared an extra dividend of $1.50 per of common of aeries, stock), $103,109; total, ' in (gold deben¬ 2030), $30,380,000; accounts payable, $31,361; $256,585; accrued interest (including $1,920 for special cash deposits), $256,017; accrued taxes, due declared, cash is Emerson Electric Mfg. A dividend stock, of payable 15 July cents 10 with 10 cents .per share V. 155, p. 2277. to per $156,144; reserve, 155, p. earned 2276. paid share has been declared on At Present Common on '' '-V payable July 10 to holders of record The dividend is payable dividend announcement, from 1941 income, the directors issued ■ < , enacted was recently with respect to Jersey, but such legislation, together with remitting certain penalty interest on unpaid by the Attorney General of the State of New say what will be Federal income effects of the Erie reorganization. directors, however, that the company's present volume of traffic being handled, and the future of the In this < operat. ry. from from ry. the dividend which was-declared connection, 1942 - income. consideration was given at its to the Year to Date' .1941 . 1940 ' 1939' $8,891,810 $6,640,686 $6,204,877 3,200,440 1,802,813 1,376,241 2,068,417 2,008,580 986,759 559,272 51,962,353 32,858,472 30,698,154 17,801,301 40,350,542 13,343,622 8,276,498 7,356,733 8,670,907 railway I railway operat. 155, 8,157,262 3,989,718 3,382,417 income. 2365. p. distribution a 27, of 1, 15 25 1941; April on ; cents company unsettled war situation cents was each made, as on the dividend $5. par 10 of record June Sept, 30, last, and 20. on on the commdn This compares Sept. 20, 1940.— > cents on July 1 and Oct. 1.T941, tyjd 20 cents • ..i ' V' notified the New York Curb Exchange that in view tax situation and other problems placed before it in 1. Federal Water & Gas Corp. (& Subs.)—Earnings— Years End. Mar. 31— "1942 . operating Oper. expenses revenues and income 1941 $18,407,611 $16,059,8jE 13,078,785 11.092T71 taxes__-______ Net earnings Gross ordinarily April 1, last, with effort, the-directors deemed it advisable to review the dividend at a later date.—V. 155, p. 1407. Total Other On compared on 1941. the the $5,328,826 ;_ — income Charges of Co.—15-Cent Common Div.— holders as New tax view ; : , Net of \ $95,149; other current liabilities, $24,494; surplus, $6,847,033; total, $193,090,923.—V. quarterly shares continue Fedders Mfg. Co., Inc.—No Dividend Action Taken— 1942 unamortized debt discount and expense, $3,$4,394; reacquired capital stock (973 shares of 902 will _i 1: subsidiary —11- . : . companies______^___ 217,291 $4,967,518 167,318 $5,546,117 $5,134,836 3,462,229 3,316,773 $2,083,888 $1,818,063 share dividend of $1.50 per share on the common stock, both payable June 30 to holders of record June 20. Previously, the company' paid regular quarterly dividends of $1 per share, and, in addition, made the following extra distributions: March 30, 1942, 50 cents; Dec. 20, 1941, $2; and June 30, 1941, $1.—V. 155, p. 1509. a 5% personnel Tbe directors on June. 22 took no action payable about July 1 on the common stock, $1,387,4^0 Liabilities—Capital stock, $155,044,139; long-term, debt dividends of an initial dividend of 50 cents per the certificates of beneficial interest, on Gross from railway $11,542,133 Net from railway______ 4,199,820 —V. 1,645,034 Balance Sheet, March 31, and duties Vice-President, that Gross $3,032,484 '410,319 Assets—Investment securities and advances (subsidiaries, etc.), $184,409,329; cash in banks (on demand), $4,913,396; special cash deposits, $19,393; dividends receivable (associated companies), $285,163; other tures, the attack today. May— 315,454 $234,780 $1,380; the assume Strange, approximately 80% : of the company's common stock was issued to refunding and improvement mortgage bondholders in consum¬ mating the reorganization." 19,453 ; 389,305 ; stock Le " $624,085 prepayments, will B. editorial alike, years. 1941 profits position, Dec. which The The share State the was Net $193,090,923. July 8 and Nov. 24. 1941.—V. 155, A. ■ under excess Net $3,437,916 286 25,119 assets, of Kirk B. . President until as From Jan. 1 $805,694 $728,022 Interest, etc., deductions on Currey be: Earnings for May and , 73,845 $7 preferred members 1904. '-f';.; Mr. will outlook justified" the payment of Company Only 10 taxes 354,760; from since paper good as those for 1941. as enacted .v.,:"It • $728,012 u ______________ current Dwight Mfg. Co.—Smaller Dividend— bought was the owned :'r" the in meeting periods. respective 1942—Month—1941 subsidiaries income ' - , company , least cash „ 1,645,034 taxes Net * \ > The income Gross Net Southern officers . share taxes, requirements applicable to respective periods, whether tBased upon holdings by the public of common at has company's income available for charges for the year 1941 $21,778,543. ■ After provision for a?i fixed and contingent charges and dividends, on preferred stock, there remained a balance of $7,305,244, and it is expected that the results for the present year will that 315,454 410,319 2,680,342 < Balance $12,585,144 $12,410,011 106,589 266,183 —... ither income 22,629,942 i i that this corporation Agriculturist Co. statement: "and 19,453 19,566 73,845 389,305 Expenses 1941 $39,106,853 $35,039,952 — iperating revenue deductions Income . the "^Additional helpful legislation 3,563 7,489,169 , Other ;',v or personnel. He added that "the purchase was investment and no securities will be offered as a result an unearned. Other Total ►perating revenues Net 620 9,986,357 Period End. Mar. 31Gross income: Federal Duquesne Light 286 — subsidiaries the This In totaled be at 7,485,606 9,985,737 3,607,760 Income of 2094. p. 3,607,474 *56.546 railway railway...— operat. 3,173,574 taxes of 22. last. "The 7,485,606 3,173,584 surplus Jupe 30, announces Jersey; and it is not yet possible, to or stocks V , purchase." company stated. connection with taxes Expenses Interest, etc., deductions 530,564 285,926 from ry. 9,985,73 7 10 3,250 railway.. ♦Deficit.—V. 3,607,474 $94,600 operat. income. from i 377,661 4°6'262 „ taxes earned 1940 From Jan. 1— Gross ■L t ♦Full dividend Winnipeg & Pacific Ry.—Earnings— railway In - fact 1942 from 3,173,574 — Balance, May— Net c Erie company in 76 . in¬ income Federal record This is the first dividend to be paid on the common stock since the present company .was organized in 1895, and the first by any Corp.- Total cents per share on of a above- as 25 March on June 30. this „ subsids Elec. Pwr. & Lt. Carney.—V. 153, p. 1273. Net as which to in of holders paid Shares— , as per to Corp. of 7 The directors on June 19 declared equity of El. Pwr. & to the Southern ! share on toe common stock and > Net 155, p. 599. Doiese & Shepard Co.—-New President— William Indian's ' > Erie RR.—To Pay Initial Dividend , 7,886,452 3,707,872 — applicable minority interests Other Net - advertising' department. +$286,126 1942, and nine cents per share in each of the three preceding quarters. See V. 155, p. 1676. Gross were each; present. to tPortion (Mass.)—9-Cent Dividend dividend a beneficial A with compared declared have requesting to advertising manager' and manager of the New York office; W. M. Springer, manager of the Chicago office; H. G. Walter, manager of the Detroit office, and Kenneth Stansfield, manager of the Southern . dividends vi • Rankin Sr.-purchased the publication and continued public, Balance come The Indian respect 30,325.193 3,639,742 ; to deductions ♦Preferred 1939 +$174,102 provision for Federal taxes.—V. Diocesan Investment Trust of with 1941, as follows: March 27, 20 cents; June 28 and Sept. 29, and Dec. 29, 65 cents.—V. 155, p. 1212. President.Other . 17,966,233 32,398,388 • 5,680,689 interest 29 c his death' in '1936, V vV. Under. the, new, ownership 7,266,869 13,638,989 f ^ anticipates 1942. charges and taxes and equivalent to $3.75 shares. common 1941 +$382,642 1942 *$315,052 — stockholder a share per the Rankin family* who have r 5,672,408 14,111,865 - 9,457,827 9,320,973 , Clay Manufacturing Co.—Earnings— 6 Mos. End. Apr. 30— Net Ter¬ Indian the the the Dickey of Currey, in revealing the acquisition 01 the Southern Agriculturist by his organization, said that no changes would be made in made of 1942—12 Mos.—1941 3,264,093 5,809,540 _ Balance S.) stock common dividend a June , (W. his , revenues. income declared cents \purchased all the stock of 31,653,588 132,203,840 114,676,758 10,502,729 44,364,847 41,006,757 3,531,481 _ . company Aug. that The hearing publishing operations 1,546,672 v 1,363,635 5,465,723 1- 2,142,185 __ taxes have 20 Brownlee O. Currey, President/ j: ;- The 37,166,825 Maintenance Other of July 1, 1942."—V. 125, owners as and Equitable Securities Corp., Nashville, Tenn.—Acquisi¬ $' revenues Operation - 10, last. Horton, Secretary, pay interest on its payable to registered of owners , payable with tion— Subs.)—Earnings— 1942—Month—1941 Subsidiaries— Dexter Horton Building, Inc., Seattle, Wash.—Interest Caroline equitable, Holt. ' . stock, cents , Electric Power & Light Ctorp, (& Operating " The directors 25 '.if, standing of the company and other factors, and that the court would not interfere. The suit was brought by a holder of common stock in United Gas.—V. 155, p. 2276. , ■ Net being and group hearing an common , terest will be of M. proceedings ' ^payments subsidiary of the Electric Power <fc Light Corp., Share Division, opinion written by Justice Joseph M. Callahan, said the question whether to use corporate funds to pay accumulated dividends.or to pay the loan was a matter for the busi¬ ness judgment of the directors, on the basis of the credit and financial Payments during 1941 were follows: April 10. July 10 and Sept. 10, 25 cents each; Oct. 10, cents, and Dec. 22, 75 cents.—V. 155, p. 1212. ' v as J. a recapitalization speedy consummation of the plan. petition filed by institute separate SEC common Other this issue April fair was of present compares Net on represents the SEC at a the ' part of A similar distribu¬ stock, payable July 10 to holders of record June 30. tion was made who Equitable Investment Corp. of Massachusetts (Boston) —To Pay Dividend of 25 Cents— T;''" ♦ preferred .dividends instead of using the funds to pay off $28,000,000 loan made by Electric Bond & Share to United Property retirement & depletion reserve ap¬ Detroit Steel Products Co.—25-Cent Dividend— dividend . . City, relationships with Empire and Cities Service Co. The petition further asks that if such proceedings are instituted they be consolidated with the present hearings in respect to Empire.—V. 155, •7 p. 2365. / '7 v.: . 155, - A company see Examiner separate the accumulated Federal semi-annual usual Trial at .past and against the company and the directors of the United Gas Corp. charg¬ ing missuse of the assets of United Gas through payment of $18,000,000 Mines, Ltd.—Defers Dividend Deferred Shares— on , Y. Illuminating paper Action ,/ N. Oil Co., a former subsidiary of Empire Gas, hearing. The trial examiner ruled that their participation in the proceedings be deferred until, the Commission had acted Electric Bond & Share Co.—Suit Reversed— The share on the per holders issue committee, Reversing an Davison Chemical Corp.—60-Cent Dividend— common of ; Attorney, representatives appeared it declaration further stated: was and Chairman before ritory i-r 398, 361. however, Department, Commenting the is the case for the entire aviation industry. as Cartwright, yJ\ ' has requested, the company to refrain ..from disclosing any information which might be a key to its present rate of production and therefore helpful to the enemy." —V. of p. -1'v' airplanes, engines company's shipments of "have shown a consistent war "It Clermont 442,920 ' plan was Certain the gen. mtge. 4]/2% bonds on June 18 announced that Edward W. Smith, Vice President of the Clinton Trust Co., has become a member the York New ■ ■. . stated, was that, announced thereafter Exchange, it has for the present discontinued quarterly earnings reports. of June on and $490,169 442,920 J 941 stockholders of the company, told that in his-opinion the amended clients would like to Hotel)— / Mehlman, , New Member of Committee— $497,849 ii 553,650 Dec. $1, preferred recently companies • 870 1429. p. Sheet, requirements in Fair, Equitable— Pet. ' — 83,600 Empire Gas & Fuel Co.—Recapitalization Plan Called —Increase—! 1941 Balance Cr 13,305 137,019 respet of funded debt) $1 291 reserves, $3,263,074; earned surplus, $29,365,811.—V. 155, p. 2277,' " " ' ' , 1942 Crl4,900 ... .NfMHNev $35,195; Thousands of Kilowatt-Hours—— .. 12,642 f : 3,270 $537,611 $2,292,994- total, - 217,792 •: 7,635 10,411 install¬ on dividends—, (exclusive of 1942 1,560,000 121,040 ____ surplus were with 9,574 10,305 . -:T;:, 442,230 — stock during 1941 compared as '.J . - 18, 1942 the System inputs of client operat¬ Services Inc., which are subsidiaries of Co., Electric Power & Light Corp. and Na¬ Light 629;938 57,697 9,379 bond on Assets—Capital assets, $27,438,215; current assets, $1,302,837; other assets, $2,999; deferred charges, $621,759; total, $29,365,811. ' Liabilities—6% cumulative stock (par $100), $7,382,000; common stock ($100 par), $1,942,900; funded debt, $13,158,200; current liabili¬ Inc.—Weekly Input— Light Co,, taxes ' '.V. Ebabsco & & 57,697 oth«t;,,^febl-l_j___ income 222,434 cumulative preferred stock Common Power Power 629,509 '57,697 sales 1,260,000 - I—--— -——————. Earned surplus tional 16,467 13,171 ___ accrued, incl. reserve for Fed. inc. taxes- Funded 6% accrued payrolls, etc— of companies $1,268,377 627,292 : coupons 1, ' For the week ended June $8,038,493 $1,327,160 1 discUsuid expense-. State $1,244,630 25,446 " 1 23,746 - . $1,245,553 ______ < . Jan. 2 on ; charges collected ment pay¬ distribution 2,165,592 $1,301,714 Provision for Fed. ihcome tax Miscellaneous income deductions—!. of 61,133 618,204 share has been declared 1941.—V. ___ guarantor —— 17'/a July-2 to holders of '322,329 (net).—_ — of accumulations $6,351,485 $6,344,841 — _____— receivable _ (including funded 1940 333,782 ; interest (net) ._ charges accounts & A dividend 1941 equipment, property & goodwill Deferred Easy Washing Machine Co., Ltd.—Accumulated Div.— v 31 Dec. i Investments $392,087 $373,881 Sheet Balance ' . 2,316,174 $1,227,133 revenue-—'... funded, debt— on Interest interest with compared $3,410,222 2,837,099 18,420 Amort, of bond for iqiq . $3,617,888 expenses—— income Gross $143,282 available years Net operating - iqan revenue—$4,064,232 Other income the on €o.—Earnings— 1941 operating gross Operating and other against as interest compared past1 three Empire District Electric Calendar Years— Total I oBalance : 2__ Charges of Federal Water & Gas Corp Balince of Noti—The net 311,603 statement of consolidated income 302,249 $1,772,284 income..:—_______ $1,515,814 includes all majority I Volume/l 55 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Motors sidiary companies, New ' Years End. Mar. 31— Expenses Other 155, General with war General Greenfield Gas Light Co.—50-Cent Dividend— emergency The directors have declared Advertising Co., Inc., (&-Subs.)— and 50 expenses..— 1941 1940 1939 $2,607,769 2,668,485 revenues from $2,772,906 $2,774,947 $2,739,773 2,686,433 2,701,411 2,745,167 $86,473 $73,536 $5,394 additional to oper Miscellaneous 287,835 taxes. cents 1942 $60,716 Operating Operating $1,034,868 299.216 — stock, income.. 10,966 13,186 13,922 15,075 Amortiz. 311,603 "$99,659 "$87,458 to $444,785 Net loss , 246,852 246,920' 251,087 1,907 3,654 $147,354 $165,536 $244,098 ...-a— 1677. 1—... issue its to of $296,602 the indebtedness note the on 30. July established 1, in 1942. the V. 155, 1308. p. accumulations of declared have directors Inc.—Accumulated Div.— Gross account payable of $2 per share on cumulative preferred stock, declared General Fex. A taxes.. 259,293 prof, taxes. depreciation.. for 2,663,803 8,300 1,364,975 39,200 335,000 4,223,290 3,705,000 $704,759 $778,297 310,217 331,378 Mr. Divs. was $394,542 stock..! pref. on $9,167,362 $11,144,114 $5,338,142 P. :;pS:-'ypP:v;P■ TyP:-• Balance ■■-.7 ':;''"7 PPp'P ■''' —V. 155, : 2,676,064 2,836,064 $223,914 $2,662,078 $2,030,778 $171,536 of Total ... rev. 7 949,353 11,722,222 10,202,197* $561,641 $5,545,598 $6,072,986 lows: Net operat. • revenues. $441,445 . - - made was April 221 j. 155, (net) 1,228 • dividend a 13 17 and last. $441,445 ». . (net)..!— income • Oct. . . •,1.488 , 54,995 , . The off ,r $563,350 $5,601,821 $7,001,247 Interest 343,987 4,270,742 4,100,320 „$85,522 $219,363 applicable to pref. stocks for period $1,331,079 1,153,008 $2,900,927 1,153,008 Dividends • 357,004 (net). charges income Net $442,526 ; — ,. in 17, -V. • 2183.. 155, p. 25 2. July 1941 in were and each, cents five-year serial capital of $3,709,000. The working Total ry. oper. revenues*. ♦ $59,970 :< :r Ry. tax accruals—2— 2,640 . . ' $280,471 $54,804 34,146 , 2,458 Ry. oper. expenses.—39,609 ; ' 1942—5 Mos.—1941 : 1942—Month—1941 ... 194,567 .y 12,968 " $235,658 163,555 .11,714.. : through making loan Net * rents ; ' - " $17,721 ..Ry. oper. Income 682 $60,390 $72,936 ' 3,445 1,126 •: . ■- $18,200 »' Total . <> fixed charges-ii_«? Net.. The $7 $17,425 $70,623 1 3,191 12,713 6,682 . , 7,183 - >:'$1,521 : • "$10,541 $397 7 7 "'.'vA preferred The exchange • 1... 1............ m . no' par-value, This to compares cstockv 10, payable June 30 with 50 cents on Dec. 17/ 1941, 20 cents on Dec. 1940.—V. 154, ip. -"1698,5 !':I July .> 10, • 1940, and holders of record " last, 40 cents on A 15 cents on July '. ; ■ Inc.—50-Cent Dividend— pref. stock, on 8, 1941, and 10 cents on March <14, 1941.—V. 155, 154, p. 750. non- War Deliveries— . Deliveries in May exceeded total deliveries in each of the first 1941. Total deliveries for the first five months alone amounted to $486,838,088, as compared with $406,149,273 for" *'•' ' $78,048,424 84,084,535 — Ji- Fourth —... May date— to 1942 First Quarter Quarter number The the for of quarter of quarter . 21,237 with were for Six of common stockholders and 21,236 • • • • Official Promoted— U. connection Bathrick, with war General materials. - Man'ager ry. .V-.' 16,161.., . 9,600 8,139 .h.'6,400 116,347 18,750 15,833 204,583 $36,762 $40,491 $533,171 13,098 19,414 192,307 $539,193 233,021 $340,864 $306,178 deducts— V $23,664 $21,077 . 5,513 5.585 66,442 67,014 $18,151 $15,493 $274,422 $239,164 • . Ended cents 50 payable $3 per 1941.—V. of 25 share has been declared per 146, 915. p. .! • , , cents per ,v . share has been" declared Results For Month And 28,246 3,317 • ; operat. common and :a $554,867 . V- , 342,043 31,013 6,973 $5,334 "... $550,338 359,043 2,359 » • 1942—12 Mos .—1941 27,849 . 7,047 y *•' .* revenues^ income, Non-oper. Ended May 31 $43,153 $43,943 _> Net 12 Months 1942—Month--1941 revenues .Taxes the ,"7'v"'.*-"" " ' . Operating on A similar distribu¬ 1941 the following Jan. 2, April 1 and July 1, 20 cents each, 1, 25 cents. 7.'*• i the common on record June 16. This last, and 50 cents on June 29 to holders of share paid on Dec. 30, payments were made:- Operation 1942 May 31, of $50, Period End. May 31—* .v / 49,662 — 34,175 86,227 $5,972 87,614 $78,585 • $86,507 383 1,176 9,779 10,166 $5,717 $7,148 $88,364 $96,672 35,000 net- " 2,917 35,000 $2,801 $4,231 $53,364 44 42 $2,757 income Interest $4,189 2,917 charges— excess —V.- profits taxes-—-— on profits of foreign subsidiaries 4,726 ——u_ 1-;—. "$249,800 1941, after taxes of $74,302 was $195,705. ;>•; from ry. 521 *-,• ; ., $61,672 763 . A were no and Steel Dec. Co. to produce 548,471 838,214 485,570. 254,321 54,807 railway-^— 2,205,055 4,079,199 * "2,604,804 1,376,996 1,100,035 2,800;419 follows: 29, of one p. 385,656 per share has been declared on the was made March 29 on and share of 5% for each March June 30, 31, last. Payments 50 cents each; Sept. convertible .preferred 10 in A 1941 30, $1, stock of Crucible shares of Great Lakes common Detroit, will iron, Mich., office Director Edwin Morrison.—V. 155, p. 1920. this Office— company has been moved to Dairy Co., Inc.—25-Cent Dividend— Home dividend of 25 cents per share has been declared on the class A July 5. This lastt The previous paymetft, amounting to $1 per share, was made on Dec. 27, 1937.— par no V. 155, value, payable July 15 to holders of record with 50 cents per share paid on Jan. 31, compares p. 362. stock Honolulu Plantation Sugar Co.—New Director— of charge of plastics sales in the Cellulose Products Department. associated with the company since 1923.—V. 155, p, 2095. in stock, 1311. ' Augustus S. Cobb of New York, Vice-President and a general officer of the Bankers' Trust Co., has been elected a director following the of in and deal has been A common payable June 30 to holders of record June 22. Great Western retirement was He cents stock to the public. food business the company also change in the article of incorporation to permit quarters in the Fisher Building, according to an announce¬ ment by Philip. F. Robb. The office now includes the Cellulose Products Department, the Naval Stores Department, the Synthetics Department, and the Paper Makers Chemical Department. Mr. Robb was recently transferred to Detroit to act as manager of that office from the Wilmington, Del., office of Hercules, where be ,/ Steamship Co.—50-Cent Common Div.— America held.—V. 155, 1,529,914 - value, its predominant Hercules Powder Co., Inc.—Moves The 8,719,503 of 50 to enlarged 268,244 par P : specialties and wares made of wood, steel, brass or other metals.—V. 152, p. 1434. it 1939 10,423,898 distribution as addition ask stockholders for a $1,674,311 560,444 dividend stock, ,l p1 of offering any of this preferred intention is. no ' 12,582,694 income- ■ ;• plans to authorize an issue of $5,000,000 of preferred capital to $41,000,000. It is said there company 1940 315,696 2094. $60,909 stock to increase its authorized $2,010,457 11,381,000 operat. • $52,843. (H. J.) Heinz Co., Pittsburgh—To Authorize New $5,- 1941 railway— 155, p. ■ v 000,000 Preferred— $2,595,835 operat. income- Similar preferred' for the first)_ -Earnings— _____ 155, p. 2006. $2,302,000 railway Great Lakes , income Net . $565,059 20,298 290,234 ; —_ railway——— from Net • Sales $2,127,868 1,045,635 187,654 128,879 36,500 190,000 1,320,140 206,125 169,787 Maintenance From Jan. 1— Net of the Pontiac Motor Division, has-been appointed Assistant to R. H. Grant,. Vice-President in charge of relations between General Motors and the Government in; Don from Gross " • 1942—12 Mos.—1941 $2,550,153 15,218 with dividend 1942 from Net - holders of common stock, and the balance of holders of preferred stock. These figures compare 1942. ' •• Months Grand Trunk Western RR.- Net 393,615 represents 392,040 quarter 155, the Commission.—V. stock, payable. July 1 to holders of record June 26. tion was made on Jan. 2 and April'1, last. In P:P:pf;PP;p:p' $254,527 —V. , There nor affected by Mr. Coverdale's hold¬ 93,160 ____— par .28, Oct. ... The pre¬ in stock in 1938.— 1937. and 107o ; ... v May— the first quarter of 1942, and with 411,372 for the second, 1941. The 1942 second quarter total is the highest in history. excess Gross Motors common ^and preferred stock¬ of 1942 was 414,852, compared with General in con¬ public Haverhill Gas Light Co.—25-Cent Dividend— • The * of second total, number holders • -V. 155, p. 1311. 229,358,717 Number of Stockholders Gain— 413,276 for Mahaffie neither that $181,646 taxes^- 155, p. 2279. stock/ A 1 to holders of record June 20.. "Net profit for same period • ' finding opinion dissenting a Commissioner 113,255 pfd. stock on compares In week average 958. 7 p. (before depreciation and provision for income profits taxes) Net,profit salaried and hourly employes on the com¬ pany's payroll in the United States was 245,326 during the month of May it "was announced. ' ' ' : The wrote taxes- etc.j dividend A 1939 J ' $11,155 257,479,371 ended June 6, total General Motors hourly rated factory employment in the United States was 195,822, These factory employes are engaged in the manufacture of war material and of trucks, Diesel locomotives and other products which the government considers essential to the war effort, \ 1 During the 1 ■' profit—$515,397 (discount on purchases, bad debts recovered Exchange loss 158,469,698 Quarter— .... a trans¬ conflict in $208,790 income Net dividend of 50 cents per share on the a Provision for Federal income and 115,879,493 April-May - of modes in but served, corporations carriers deprec.— for Dividends 1,362,280 - Depreciation ■_!!!— 75,180,914 Quarter. Third .110,026,600 —.119,332,117$486,838,088 April 1942 Second 95,346,412 March $45,478 1,365,440 •>.•■.'.■v,/ \ ' 1941-42 Quarterly 1941 First Quarter.. $56,619,169 Monthly 1942 — "the decision, its Harrisburg (Pa.) Hotel Co.—50-Cent Dividend— .:••••; ; three quarters of February 154, "■ ;/ miscellaneous and January "iQ companies Income credits . JTet profit A summary of deliveries follows: in 1942—Month—1941 31- income Gross on JOne 25 ahnounced that deliveries of war materials the United States and Canada in the month of May $119,332,117, an increase of $9,305,517 over the deliveries in last year. > declared "The company ail -of the of 16,666 profits Gross p. 2366. totalled 1942 held. already Co.- -Earnings— —_— from its plants in of he other as said authorized by previously profits from sales, before depreciation — $1,448,961 Balance Selling, advertising and admin, expenses, incl. discounts on. v - • * sales, provision for bad debts and taxes— —$912,155 ; Retire, reserve accrd.— Social security and old age benefit insurance-^,—,—-.—— 21,409 and April. of joined. warranted would be adversely income Interest, June & C 1940 , (H. W.) Gossard Co. (& Subs.)—Earnings— Operating General Motors Corp.—Higher time Gross the $3 $20; payable July 15 to holders of record June ' paid on Dec. 19, last, 50 cents on Aug. par the At the well as Mahaffie D. Commissioners expenses—- exc. —V. 16, This compares with $1.50 27. •• > ■*,. 7 : ' 1941 ' $59,703 $62,787 1,379,750 1,369,800 payments were $4 in cash in vious the of April, 1941, authority to serve on the Gulf, Mobile & Ohio. to directorships Line director taxes Federal V ; common • 1942 " stock, payable July common • *•;>■!" " dividend of 50 cents per share has been declared cumul. " bottles.—V. of Earnings •Fruit of the Loom, the Co.—Earnings— stock__4 directors have iThe V. the hearings. for Commission or revenue——— General Fed, per obsolescence for Charles evidence carriers other Provision share. $0.04 $0.04 * $0.03 $0.01 ; '"After depreciation, etc./and provision for Federal income taxes, and in 1941 provision for excess profits taxes, and in 1942 a $10,000 reserve : ; dividend of 75 cents per share on the ; *The directors have declared-a common y fit Goodall Worsted Co.—Resumes Dividend— ,'i (The) Fresnillo Co.—Larger Distribution— June 26, 263. 155, p. Earnings stock may be exchanged for new prior preferred stock, "v is at the rate of one share of the $7 preferred for six/ 6 '/o $25 par prior preferred and two common shares.— 155, p. 2366. the Operating paid regular semi-annual dividends of 25 cents per share, y "Net profit. Shares common Corp.-^Exchange Privilege Extended— shares of new V. 15. 3 Mos. End. March 31— corporation has extended to July- 31 the time in which the old further addition interests best officer an other two Gross rPpp on the to as Gulf Power declared a dividend of 25 cents per share on stock, no par value, payable July 2 to holders of record This compares with 50 cents paid on Jan. 2, last. Previously, Goebel: Brewing > . director a applicant not only serves a large number of corporations as both officer end director, which in itself Is a thing Period Ended May . >$564 .'• as directors have the company —V. 63,607 63,544 for Air the „ common June serve 2094. p. Goderich Elevator & Transit Co., Ltd.—25-Cent Div.— $60,249 ' * 155, p. 2094. Foster Wheeler v 3 in¬ for of record July 3. A like amount 1" and including July 17, 1941. The been ,The the in retain to to director of several other railroads. Coverdale's application in application Seaboard speaking," Commissioner Balance 2,727; J : 12,706 income 5 "Deficit.—V. 1,132 ' has refused to allow William H. Covera or serves with Interest rates are 2% has been declared payable July 15 to holders paid each quarter since stock, Coverdale Denies ing a directorship with the Gulf, Mobile & Ohio while holding positions previous payment was made in 1931.—V. 153, p. 99. $57,522 $69,490 351 . 3,032 - : */,?■ t f y;. -1 . v . •;J $16,302 income Misc. deducts, from* inc.;;;;- * $17,074 $17,039 incQme_, oper. 737 Total y , ry. . 2,867 . * *Net - v.Other , net was a borrowing new Co.—25-Cent Dividend—u cents per share of 25 dividend has -j, 20, series of five notes for $400,000 each, matur¬ a Gladding, McBean & A his railroads, the private interests Fonda, Johnstown & Gloversville RR.—Earnings— Period Ended May 31— i Dec. interest is to be repaid ICC — wherein the general interests are often sharply with the general interests of transportation by rail." for the first two years and 2Vsfor the remaining three years. > position on the $2,000,000 loan is the same and the issue V .year The The him portation $5,000,000— a ing annually for five years.—V. 154, p. 431. - also fol¬ as which $600,000 each maturing annually for five years. $1,747,919 $178,071 , of on Bragg system. conducive not in May borrowed $5,000,000 from two banks and paid company Agency engineer, already is however, the director as the A similar on working capital. Company borrowed $3,000,000 from the First National Bank, Chicago, and $2,000,000 from the Bankers Trust Co., New York. Both loans were made on five-year notes. On the larger there are five notes of a Balance record share per 1678. p. $1,300,000 balance on a crease " . cents 2,650 - Elton Office building. designation was conferred RR. time, consulting withdraw included tended $6,075,636 925,611 $5,546,826 $561,862 1,081 25 Dividends Gimbel Bros., Inc.—Borrows Operating income . Other of to holders of April 20, on July 15, cents.—V. 50 Rent from lease of plant ' declared stock, payable July payment James Home conflict. directors have common ! ' 856,850 York New Agency, Mr. Bernard new holding of positions of officer or director with numerous corporations is not compatible with the best interests of the corporations served. This is especially true where, because, of the nature of the business of such corporations, there is a possibility that the! interests may Giddings & Lewis Machine Tool Co.—25-Cent Div.— The $1,418,491' $17,267,820 $16,275,183 $1,390,798 deduct. revenues oper. ; , 1942—12 Mos,—1941 1942—Month—1941 Period End. May 31— Operating Co.—Earnings— the the Ohio & several Seaboard "Here Florida Power & Light in Underwriter second a York "Generally 2278. p. Life because he desired, the $4,866,842 223,006 . New 155, p. 825. Coverdale These 6,277,272 3,829,219 v, $446,919 223,006 with Situated Mobile New boards He income Net building, 50 Union Square, Manager of the as The ICC originally denied Mr. but reopened the proceeding last, and in each quarter during 1941/ a also ICC, for dale, dividend of 25 cents per share on the a supervisor a 1935.—V. railroad 1,984,161 196,100 > to Office Home promo|tiOn Chartered 7The 374,250 deductions and 1942—12 Mos.—1941 344,796 income Gross Interest $10, par similar distribution in $3,062,431 $38,715,812 $35,311,853 1,475,113 17,729,974 15,335,497 3,103,882 269,620 3,566,409 1,354,071 304,653 Income excess Frov $3,341,822 ... expenses per¬ 11,400 Directorship— 1942—Month—1941 taxes.. Federal payable July 20 to holders of record July 3. made on this issue on Jan. 20 and April 20, In addition, the company paid year-end dividend of 50 cents per share on Dec. 15, 1941.—V. 155,1308. -v stock, common " . revenue Operating and Dec. 26, $2.50.—V. 155, p. 1407. Oct. 1, $2; The directors have $596,988 The Gulf Firestone Tire & Rubber Co.—25-Cent Dividend— ; 1941 $772,655 $25,550 been Guardian, ' 1942 Earnings— 7 ' Period End. May 31— July 1 to holders of record June 20. A like amount was disbursed on this issue on April 1, last. Payments in 1941 were as follows: April 1, $1; July 1, $1.50; $27,725 Georgia Power Co. . dividend a 4 </o the on revenues./;.. has Jan. 1 to June 14 : 1941 —V. 155, p. 2366. " ' ■. Filing Equipment Bureau, The 1942 V;>, Operating Inc., System, for $285,000 in cash and the parent company with the pro¬ ) to his Prior 1941, and 40 cents extra 10, July on Week Ended June 14 Period— payable July 10 to holders of record June was paid on Jan. 10, last, as against 20 on Jan. 10, 1941.— 40- cents of extra extra both stock, capital An cents regular semi-annual dividend of 80 cents per the to addition Water ($25 par) the opening of a new agency in New York City of Robert A. Bernard, C. L. U. as Manager, Headquarters of the new agency have been announces appointment effective Georgia & Florida Railroad—Earnings— share share declared an extra dividend of 20 cents per directors have The in stock 147, p. 421. Company with ITncludes $$91 in 1941, $1,743 in 1940 and $3,517 in 1939 for miscellaneous deductions.—V. 155, p, 1213. • • "•'< ; Dividend— Greenwich parent, capital City. Fidelity-Phenix Fire Insurance Co.—Extra the on Agency in New York City— ."Profit. • share per Guardian Life Insurance Co. of America—Opens 252,575 93 ....... ... cents (Conn.) Water Co.—Stock Issue Asked— shares its retire for prov. —- 50 "$12,130 302,249 $525,430 and retirements (Interest of cents Company has asked the Securities and Exchange Commission for 17,525 $49,750 ; dividend a payable July 1 to holders of record June 15. paid on Oct. 1 and Dec. 23, last year, 75 July 1, 1941.—V. 154, p. 542. on Greenwich ceeds.—V. Loss $50, par compares -with ' ; i- . This 241,072 —. p. Outdoor Quarter Ended March 31 $778,721 $1,136,250 other income income to his mission 1942 charges Net —V. and functions in addition 2366. p. Earnings—. Loss 108,455 14,477 income Total operating divisions, common 1941 $1,013,318 (dividends) J. Interest Miscellaneous its 155, [Company Only] Statement of Income Income and duties.—V. .in" his ' distribution continues Grant Mr. Pennsylvania Water Service Co. and sub¬ York Water Service Corp. and subsidiary com¬ panies, and The Winton Water Co. In the opinion of the management corporate reorganizations affecting New York Water Service Corp. and Pennsylvania Water Service Co. and certain of their subsidiary com¬ panies may be necessary before Federal Water & Gas Corp. can realize earnings from such companies. The statement of consolidated income for the year ended March 31, 1941, has been adjusted to omit the accounts of the foregoing subsidiary companies. except subsidiaries owned 2457 A dividend stock, 10 par cents ments were 30 share has been declared on the common July 10 to June 20. This comtmres with March, last. In 1941 the following pay¬ made: Mav 31 and Sept, .10, 15, cents each, and Dee. 5, $20, per Co.—Larger Dividend— of 20 cents per cents.—V. pavable share'paid 155, p. on 1214. .... jV t 2458 12 Mos. Ended May Group Soliciting Exchanges of Stock—Armed with a complete program of dealers aids, including a prospectus, such as is employed in the country-wide marketing of new issues, upward of 300 investment banking firms and security dealers throughout the nation on June 22 began the solicitation of exchanges of National Power & Light ment dealers to canvass the large method SEC to of effective become the June is list of holders adequately the first of move the Under kind of $2 commission a share per of National dealer managers. The program to Shares National of Shares which have been stamped tendered well as as exchange, will be entitled to receive dividends for in distributions the exchange offer, participate in longer eligible to no shares not the same manner as heretofore. There are outstanding 500,000 shares of the Houston company's com¬ mon stock. As of June 6, 1942, National's ownership of this stock had been reduced to 387,718 shares as a result of exchanges. As of the same date National had outstanding 223,575 shares of $6 -preferred stock, of which 6,411 shares had been stamped as no longer eligible and for liquidation in exchanges, the dealer managers propose "during the employment and insofar as it may be feasible to do so, to provide an orderly market for the securities involved in the ex¬ change offer, including the Houston common stock, and to serve as a of their central holders of nationwide facilities to assist National and preferred stock in all matters relating to the with agency its $6 the ex¬ change offer." Exchanges Trust Bankers are Houston Lighting & Power Co. is Houston and communities Galveston well as franchise dates from 1882. applicable to the Houston years New Co., York, and First plant Jan. amounted establishments the by to 1, to has been to April than made industries in for about The the area. distributes The National to Power dispose of & Light interest its the last ten For dividends of $3.60 per Concentration within construction of the of military served area kv. 132 a during the war emergency. without direct competition from privately owned public utility any Co. was the Houston in directed by the in company SEC ren¬ last year connection with p. made were stock common to effect the the SEC of the desired consented vestment ,, . Houston company. The company's own efforts of exchanges having been unsuccessful, volume to banking 2279,.... the , company's machinery to employment —V. , last year i May: 16, on no 22. declared payable distribution similar A 23 made was 29, $1 par with of as the for first Declares directors The declared have accumulations of account Operating $9,041,805 revenues Uncollectible oper. both expenses—,..,' 6,314,831 Operating taxes,,, 1,529,587 Net Net income,,,, oper. income. —V. 155, $1,172,361 amounted 1942, $53.21% —V. dividend a the on $57.31% to share per per the on 155, p. 1738. 7% 1,053,275 ______ p. $4,427,554 3,942,845 976,534 $5 079 852 3!967'251 50-year has gold • Net of declared have directors 43% cents cumulative per share on dividend of stock, $1.25 $25, par April 1, last, share per payable June was 25 recently declared to holders of payment of 75 cents per share a record was paid in 1941 were as follows: April 1, 75 $1.50, and Oct. l-*anti Dec. 20, 75 cents each.—V. 153, Period End. April 30— Operating Uncollectible for tb's On preferred the .on 15, last year.—V. Dec. Company has the following current assets; Cash ; __— And and has accounts etc.— (incl. reserve iss"» June $159,244 Stores oper. of 171 155 658 The the 379,206 329,543 55 218 Operating 26,885 130,859 107,177 32,149 income income Net —V. 155, $48,532 34,609 ...— p. 2007. $47,480 . $165,120 110,296 36,263 The directors the 138,652 of 40 cents being paid 7. per on share April Institutional The on June stock, at Insurance June 30. cents on tions of This on 15, a value, this issue, made the 155, declared Group p. a cash last of 30 July cents 15 to quarterly dividend share per holders of distributions at that rate compares with 2.95 cents each were also made Aug. paid on Feb. 1. 1 2.24 to on cents holders g .. 2095. 13, > f have stock, declared dividend a $1, par 16, payable 1939, to and of July 12V2 16 cents to share per holders including Jan, 16, of each. 1941 cents The April, V:; as follows: March 31, 15 cents; June each, and Dec. 19, $1.10.—V. 155, p. 1214, were 30 and V. 155, directors have declared dividend of 20 cents per share on the a stock, payable July 8 to holders of record June 29. was made on Livengood Dec. Placers, Inc.—Annual Income Account'for Year An initial 29, last,—V. 154, p. Report— Ended Dec. 1631. • 31, 1941 ■ . income $308,493 expenses Gross 248,970 profit from operations__„_____^^___^__..^__C.i.—__ Depreciation ' Thawed Net $38,762 $59,523 Z'V. 79,218 :l._—47,281 9,016' ground loss abandoned...... July 639. Net oper, , 15, each, $1 expenses, due extra an of parent accounts company), $1,515,666 and taxes— Co.—Earnings— , : income—_ income, notes payable (including •/ 14,154,291 Quinlan of Quinlan & Leland, has, been elected $381,673 $4,808,876 13,753 Ur33,277 $5,157,513" ; - ; 18,956 / directors The on the share have common on- the new initial an and iniital an 6% .cumulative 30 to holders of record June /."//: ;; declared stock June 25. , •' « director. a f,. dividend of semi-annual preferred ; •> 60 - . w dividends of .,50 cents,per--share has been declared $3 ;/•■• . on per of ; payable Leland Electric Co.—To Pay/ 50-Cent Dividend— j.vS A, • - cents dividend stock,\both 12,357,242 r.. > $5,340 : Lawyers Title Insurance Corp., Richmond, Va.^—Initial per 1,116,480 $337,071 Dr3,474 net and $107,933; accrued payrolls, accrued interest and 155, p. 540. share J 1942—12 Mos.—1941 $1,498,153 $18,963,167 $17,514,755 1,178,596 $1,120; Lawyers Title Corp. of N. Y.—New Director— William H. —V. • 1942—Month—4941 7 receivable, for taxes, $73,104/ long-term debt, $1,450,000; reserves, and medical fund, $3,775; common stock ($1 par), $100,000; capital surplus, $568,655; operating deficit, $93,655; total, $2,209,812.— V. 148, p. 3071. " ; 31— 1941 accounts provision cents,— 50 current hospital 1,377,086 15, $280; deferred charges fyad other assets, $101,177; total, $2,209,812. Liabilities—Current 2,437,900 Dec. banks, and equipment, $2,050,187; prepaid 721,400 and Balance Sheet, Dec. 31, in materials and-supplies, at cost, $57,047; property, plant at cost less reserves for depletion and depreciation, $606,300 ... •.-V/''. Assets—Cash 78,338 ' revenues exps. 10,575 $86,567 Dividends— Oper. !______ for, year._____— "•'' 1 v _— $5,142,686 stock.... and p. , Sept. 30, Lamson Corp. of Delaware—20-Cent Common Div.-— Operating A dividend of 756 cents per share has been declared on the common stock, payable July 15 to holders of record July 1. A similar distribu- / tion was made on Jan. 15, last. Payments in 1941 were as follows: 15 on record the com-" 1942, par 50 155, p. 1214. Jan. * $»'•■'' _ 23,204,440 167,049.830 132,029,564last, totaled 3,365 against 3,623 a Other deductions, —_ •' > / - the'"commonA stock,:;no.. parvalue, payable June: 30 to - holders <jof record June 20.. .E>istributiops/,of/.25 cents, eacht were: made on March 31, June. 30 and: Dec. 30, 1941/none since.—V. 155,-p. 307. • , - Gross Income etc., $333,597 ... deducts— Net income $395,426 135,002 ' $4,775,599 $5; 176,470 1,604,535 • 1,620,230 134,580 $260,846 $198,595 — " $3,171,064 "$3,556;240 /Louisiana Land & Exploration Co.—Earnings— 3 Mos. Ended March ^l—' 1942 .1941 1940 \ ,, . Period Ended May 31 rev. fr. all sources Tot. Operating costs Taxes per of share record Jan. 20, last; 2.35 Semi-annual distribu¬ — 1942—5 Mos.—1941 $555,671 $3,252,816 461,616 426,580 2,317,414 (social 18,575 sec.)— — ^ Net inc. bef. inc. taxes —V. 1942—Month—1941 $685,250 $2,648,249 ' 18,875 . 2,141,634 and 6,258 10,425 30,903 20,752 24,928 117,126 66,792 65,358 $111,256 $9,504 94,375' 51,406>• 120,690 333,684 325,164 gas expenses:._l_ Keith-Albee-Orpheum Corp.—25-Cent Dividend— directors recently common declared a dividend of 18,135 * $399,811 .-;uV42.718r / $441,165 . / 25 stock, payable June 24 to holders of cents record per share June 19. 4L.613 _ __128f124 $358", 198 / $481,085 - - ' expenses, ■ leage rentals, taxes, leases aban., etc. Profit Other —— income Total Net on" A • $609,209 v ' . -177,555 151,254 155,452 223,565 $432,740 $289,911 $202,745 $257,520 88,391 136,785 75,042 $521,131 $426,696 $277,787 $294,644 78,240 38,254 38,055 66,501 $442,891 $388,442 $239,732 $228,143 $0.15 $0.13 $0.08 $0.08 37,124 " 1 — $360,814 def.$85,021 155, p. 2185. The . Geophysical and admin. ' income ■_ Deprec., depl. & amort. the $483,883 income- '$628,430 /•;; Profit; -1—$610,295 " 92,875 < 1939 . oil Operating Co.—Earnings ' Xgeneral)— Fixed charges Deprec. charges on these shares on May 1, last, 1, 1941, in Insurance Group Shares.—v.- 155* 2185. June p. 155, From Oct. in 1,713,649 ... ...... —_.— ______ Taxes 2007. dividend of Shares, "payable July 15, 1941, and 0.31 cents 2%% dividend payable company 1942.—V. and on March 31 atrd Nov. p. declared par the on 1942—24 Wks.—1941 $ 28,987,064 ,1,215,763 '.j stock Non-voting Surplus —V. ) of 35 cents per share has been declared "on the common $20, payable June 30 to holders of record June 23. This compares with 25 cents per share paid on March 31, last. Payments Federal ...— stock Voting ; common dividend Gross miscellaneous notes receivable. Kansas City Public Service Securities, Ltd.—Cash Dividend— directors have the 25 no Previously directors common stock, assets of...——$3,240,254 * Total —V, 155, p. 2280, , on common July . the on $182,752 Indianapolis Power & Light Co.—Dividend Reduced record declared Laclede Steel Co.—35-Cent Dividend— > Net pn share has been per 1942—4 WkS;—1941 1_ operation $500,540 paid in advance, prepaym. and similar items.. Preferred Other taxes oper. 20 cents of paid regular quarterly dividends of -12 % cents 1942, dividend was omitted,—V. 155, p. 1312. //■',,, Represented by: Interest, Net $115,000; $2.80 cumulative pre¬ par), $544,069; long-term debt/ $4 liabilities, $380,967; deferred credits/' no .pany 1,656 property 1941 (par $1), accrued $ in July 9. 605 84,669 oper. 81, , earlier,—V. Plants carried in the books at cost, less depreciation—1,785,331 mortgage and Operating 94,801 rev.. expenses lease 233,241 $265,995 (G.) Krueger Brewing Co.—Resumes Dividend— ^ * A Period Ended May $621,733 43,247 $499,236 also owns: company Kansas City Power & Light $676,061 $455,989 42,749 Depletion Leaving net working - The 25 1942—4 Mos.- —1941 116,394 174,250 . — 1941 profits taxes) of——_ excess and — year 2,969,450 and income stock shares, * y Sales • — _____ for 123,433 par >'••■ ■ —268,150 receivable, (11,939 Period End June 13— • Like amounts at cost (quoted market value $276,- liabilities current 671,159 . 24/627 .... Balanc distribution of like amount and accrued interest $1,224— 110) ; i $1,417,792 752 003 $485,773 ' , — - ————i—_ — Marketable securities, J.940 . $1,560,087 value, payable July 1 to holders of record June 20. This compares with 25 cents per share paid on Dec. 29, last, and 20 cents on Dec. 28, 1940.—V. 151, p. 3564. ' 1941, follows: 31, 1941 ■ (net).—______ qurrent no The financial statement, - $256,567 dividend A 155, p. 1312. summarized Subs.)—Earnings— income stock common A (& ' , 155, p. 2279. Statement— 25 ' Knapp-Monarch Co.—20-Cent Dividend— 1% Jenkins Bros.—Financial * record reserves, $1,157,220; contributions in aid of construction, $4,246;, capital surplus, $1,035,000; earned surplus, $365,664; total, $7,670,465.— ! 155, p. 1601. ■ ' ■ <' / : ■■■, // last; $3 on Jan. 2, 1942, and $1.75 011 April 1, July 1 and Oct. 17, 1941. J. Arrearages as of April 1, 1942, were reported to amount to $22.50 per share.—V. the on of 1, last," and 25 distributions were $4,599; a dividend of $1.75 per share on account cumulative preferred stock, payable July 1 to holders of record June 25. This compares with $2.50 paid on April 1, the share per holders April $443,024 taxes V. Jeanette Glass Co.—$1.75 Preferred Dividend— on "' Liabilities—Common The directors have declared accumulations to on income 063,700; A of cents 31 paid income ferred of. dividend account on such arrears of dividends. paid on July 1 and Dec. were 15 July cents revenues.... Consolidated former certificates relating to arrears payable 20 •Kroger Grocery & Baking Co.—Sales Up— cumulative preferred stocks outstanding on Aug. 3, 1938, at the rate of $1.75 per share for the 1% series; $1,62% per share for the 6V2% series and $1.50 per share for the 6% series, all payable July 1 to stockholders of record June 23 of dividend arrears dividend of a with • 12(7. p. 50 Operating Rent $175,703 on cents; 16. Corp.—Earnings- 1942—Month-^1941 revenues common June made Dividends Indiana Associated Telephone the on $1,735,584 332,815 ' Assets—Property, plant and equipment, $6,225,235; investments,* $858,621; current and accrued assets, $347,391; deferred debits. $239,219; total, $7,670,465. v\ ? A class (Del.)—Dividends— payment a for ■ \ 2095. Imperial Paper & Color Corp.—$1.25 Dividend $2,811,288 ; declared Julian & Kokenge Co.—75-Cent Common Dividend— A $361,151 $2,116,300 .. compares income Gross share on the class A preferred stock < class B preferred stock, it was stated. V-'Z ■ ' //./:,; ' *.V Iowa Southern Utilities Co. The 1942—4 Mos.—1941 $1,180,824 47,901 $816,807 477000 . 5% Chairman) payable June 30 to holders of record June 16. Like amounts were in preceding quarters. Accrued and unpaid dividends at April 1, paid Insurance $8,658,774 $36,025,393 $33,812,047 22,996 100,332 91,861 6,019,741 25,317,830 23,156,874 1,435,213 6,179,677 5;483,460 25,026 rev._ Operating 53,987 Jan. Operating stock, par $100, and a dividend of 40% cents per share on account of arrearages on the 6V2% cumulative class B preferred stock, par $100, Co.—Earnings— 1942—Month—1941 705,047 9,858 income. operating stock, Trade-marks valued Period End. April 30— $3,570,323 76,756 11,403 " 30, 1942. During 1941 the following Jan. 31 and April 30, 15 cents each; July 31 and Oct. 31 each, and Dec. 20, a year-end of 20 cents.—V. 155, p. 1312. Other July on This Provision Plan ' ; Illinois Bell Telephone $447,765 188,829 -/• Operating expenses and maintenance;,—;.—^.. Provision for retirement (depreciation)_—C of reorganization of The Minneapolis & St. Louis RR. 1, 1942. All depositors who did not file notice- in May 76000 547^000 , mortgage (George E. Roosevelt, 1938 ' 97,000 , Corp.—Smaller Dividend , 1, June 4 268 678 115,000 Calendar Years— "Committee Railway 1941 $6-937 977 , Keystone Public Service Co. dividend „■ each, and Dec. 29, $1.—V. 152, p. 4125. 1942—5 Mos $1,470,846 $11,493,908 910,081 6,571,585 16,000 805 000 $1,017,039 income/. 2007. p. on cents $1, 40 committee protective Notes each; July 16 and Oct. 2, 50 cents • , on 'stock A 5% 7. 10 finally deemed for all purposes to have assented to the plan and to be *■ irrevocably bound and concluded thereby.—V, 154, p. 1379. pares with $1 per share paid on March and March . 425,000 ' oper. ry. made: the Oct. 22, 1942, withdraw from the deposit agreement by surrendering to the depositary his certificate of deposit in transferrable form and paying to the depositary for the account of the committee the sum fixed by he committee as his fair proportion of the expenses of * the committee incurred to the date of surrender. All dissenting depositors who do not withdraw within 30 days shall be conclusively and A Jan. 3 taxes-.. taxes cents the' August at quorum Inventories follows: • Kellogg Switchboard & Supply Co.—Div. Decreased— July Corp.—Regular Div. there will be that Sept. Central business . dividend of 50 cents per share has been declared on the common stock, par $10, payable July 16 to holders of record July 2, This com¬ 10, last. Payments in 1941 were 1,557,306 .The directors have declared stock, no par value, of dissent from such plan before the close of business 011 June 12, 1942, are bound thereby. / ' Any depositor who filed notice in writing of dissent from the plan * before the close of business on June 12, 1942, may before the close of the . income 155, first writing country's in¬ objective.—V. 155, the accomplish . of Hyde Park Breweries Association, Inc.—50 Cent Div.— as the 1753, the directors, the board on June cash dividend of $1.50 per share, effective the plan requiring the dissolution of National Power & Light Co. as a public utility holding company. National, prior to the exchange offer originally made last January, was the beneficial owner of 100% of the p. each common This is order an .■ „ line be purchased any. municipal agency or from dering similar service. stock, due dated power electricity cents 25 12.—V. 154, the on July 3. Operative— Its Houston and energy essential to the The company is also negotiating contracts 30,000 kilowatts to company Texas. total gross additions to 1942, industries necessary bring into the system additional war paying 30, $16,000,003. production war has in area $3,114,345 expenses. Ry. .operat. directors have declared bonds operating utility company serv¬ other cities, towns, villages and rural stock were $4.93 per share. stock 1937, more and company an 148 For the year ended April, 1942, net earnings common common From annum. and extensive an as record declared . of compares National Bank in Houston. ing Other Net has been to holders of 17 record of Iowa and agents 124,892 $620,704 a dividend of 25 cents per share on the payable Aug. 1 to holders of record July 15. cents per share paid each quarter from Aug. 1, 1941, to and including May 1, 1942.—V. 155, p. 2367. in soliciting group effecting term 107,820 $681,242 Federal Iowa Electric Co.—Accumulated Dividends— exchange under the exchange offer. addition to assisting the memebrs of the dealer In and 71,278 cents per share 25 of quarterly holders The $6 exchange for Houston surrendered in preferred of the probability to common to will be retired and cancelled. common as and January) ' 1942—Month—1941 ■ revenues Equip, rents, net debit. meeting This eliminate certain factors which appear to have been retarding its progress." It includes a further notification of the holders of National's $6 preferred by letter as well. last 483,945 $702,276 International Machine Tool - . 483,945 . operating operating Ry. Total is designed "to stimulate and facilitate the exchanges preferred under the exchange offer (originally made $6 National's 502,724 April 10, last, and is payable on July 10, next. was also paid on Jan. 28, last.—V. 155, p. 2367. agers" and presented for exchange will be paid to the "dealer man¬ agers." A commission of 50 cents a share of National $6 preferred on which a commission of $2 a share is paid as above is also to be paid the ' Virtu¬ Radio-keith-Orpheum Southern RR.—Earnings— Period End. May 31— i Ry. 71,280 17 and Dec. Due preferred exchanged as the result of their solicitations. A commission of $2 per share of National $6 preferred owned by the "dealer man¬ of 1 ■ . Kansas City 810,120 $624,234 divs._ payable July 1942, stock for one share of National $6 preferred stock, group" 504,875 charges regular appropriate dividend adjustments. arrangement has been worked out as compensation for the members of the dealer organization. This provides, for members "dealer $1,229,541 International Business Machines A commission the $1,273,007 853,116 common with of $1,276,278 Distributions terms of Houston common 588,577 $1,200,389 - dividend stock, the by the 627,546 1 payment this year. exchange of dissolution December, 1941. the „ 89,077 706,297 for in 2007. p, , issue Interlake Iron Corp.—25-Cent Dividend— securities of public utility companies forced into Public Utility Holding Company Act. of the exchange offer, National Power & Light Co. is offering to each holder of shares of its $6 preferred stock the right and privilege of exchanging all or any part of his holdings of such stock, in full share amounts to the extent of 90% of the portion of such holdings presented for exchange, for shares of the common stock of Houston Lighting & Power Co., on the basis of two shares for i this on stock is controlled by common 155, made was Jt. facil. rents, net debit and may well establish a precedent Act, $2,628,238 authorized June 18 by the was It 22. Corp.—V. -V. 155, p. 2095. Oct. exchanges the Securities under recorded soliciting $2,753,670 965,063 avail, Bal. the dealer group. the assistance of This $2,873,651 ally all of the 1939 923,869 deductions Other permitted for the exchanges will be held open until August 14. exchange offer was originally made as of Jan. 30, 1942, but with¬ out 1940 depreciation Interest time The $3,089,321 Net income A the 1941 and local taxes or All Fed. of securities. enable 1942 similar distribution maint. & retire- Oper., "syndicate managers" in the case of the usual new issue To 31— Gross revenues Co. $6 preferred stock for the common stock of Houston Lighting & Power Co. Smith, Barney & Co., Lazard Freres & Co. and Blyth & Co., Inc., head the nationwide solicitation as "dealer managers" as distinguished from the Monday, June 29, 1942 Indianapolis Water Co.—Earnings— & Power Co.—Nationwide Banking Houston Lighting * THE COMMERCIAL & FINANCIAL CHRONICLE income • THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085 Volume 155 W. Called— Lexington Ry. Co.—Bonds Md.—V. Ecker, to 5% gold bonds due June 1, 1949, have been called for redemption as of Aug. 1, 1942, at 110 and interest. Payment will be made at the Maryland Trust Co., successor trustee, Maryland Trust Building, Calvert & Redwood Sts., Baltimore, mortgage first of $42,000 of total A who become Operating Operating 1941 $14,663,174 $12,393,653 10,700,936 8,306,328 1942 operating expenses and taxes— — income $3,962,239 Net $4,087,325 ; operating 198,728 Gross income Income - deductions $4,988,156 17,126 72,432 63,398 3,234,863 2,656,246 12,382,901 10,078,335 891,114 expenses 855,117 3,454,998 3,297,122 taxes—— —~ Net income- $844,032 $954,756 $3,497,427 v - • ' ■ - 923,923 3,433,646 3,631,136 1602. p. ties—The SEC June on the on $1.50 to directors stock, common 11 of made the on and debentures, dated March 1, 1942, due serially Sept. 1, 1942-March 1, 1952. Company has sold the first mort¬ gage bonds at $102.74 and accrued interest, one half ments 50 of stock extra cents cents each share cents per Jan. extra an of 50 , half Company funds of A dividend of 25 share has been declared on per Dec. and expenses taxes 1940 438,344 439,531 ^ 6-642 Net $13,780 423 587 $31,921 deductions ; cash ' and hand Sheet Balance Other Dec. and 31, 'ft 1941 • ■ in deposits $71,155; banks, accounts 1, 1952. dividend of 1942, common stock , (9,000 shares), $900,000; current liabilities, $56,434;.deferred credits,^4j_.coji>. tributions in aid of construction, $680; reserves, $631,506; earned surplus, stock, $900,000; $206,042; total, $2,694,666.—V. 1900. 151, p. vote the fty.., June have directors stock, common 30. similar A declared no of dividend a 25 distribution made was cents on Period End. May Power 31— $324,038 $300,697 3,085 This, cperat. $3,989,630 income Net Div. accr. on 257,884 220,453 3,220,099 issued 455, $83,329 22,004 13,461 *' stk. com. $769,531 v 305,250 '• would the Soo Line,—V- of 13,461 Total ' 161,530 Other stock, July payable tribution During stock; made was the 1941 Jan. 31, and Dec. 29, a 31 on $478,529 following Jan. payments 10 cents; April 30, 31 were -V. made the on common year-end of 60 cents.—V. 155, pi 1839. Dealers, Inc., on to An stock on June 29, 1942." initial-distribution of on 1, April last.—V. * * m^de was 1313. p. '' ft", Value— Second Investors , • . on - • • the reports . /ft Fund, / /ft ;. Inc. ft -/ The directors have declared a — >■ and 40 cents compares Dividend— dividend of 24 cents per with 18 profit ' depreciation, interest, reserve of $444,000 for profits taxes, etc. Note—Due to change in fiscal year no comparison ♦After excess 155, p. share, pay¬ Charles Mr. G. Taylor, company — • $210,413 Federal income ' is available.— 152,200 62,941 35,607 36,761 ♦6,625,000 tl, 558,317 1109,924 *7,248 $3,022,894 $2,010,331 $484,409 $29,066 188,817 94,584 153,848 $578,994 $182,914 Interest Prov. charges, for inc. Fed. Balance, Other was $3,157,893 $3,162,694 138,188 1,662,578 Net profit 122,210- profit Earns, $3,145,104 sh. per on $6.29 "Includes vision elected Vice-President. 2nd Vice-President, was elected a director of $2,199,147 cap. stock for $5,025,000 excess tAfter years, taxes, profits excess profits and tax, deducting $76 $1,683, ($3,252 / $4.40 •? in . $0.36 $580,000 pro¬ $1.15 tlncludes for prior for prior over-provision an 1938) over-provision net. years, Balance Assets—Cash, $5,694,087; Sheet, Dec. 31, trade 194ft (leas receivables $20,670), reserve, $4,378,449; inventories, at lower of cost or market, $6,591,154; other assets, $235,247; land, $269,732; buildings, machinery, equipment, etc., (less for reserves in (less depreciation, $1,484,967), $1,254,501; -emergency amortization, $97,687), $59.6,600; construc¬ for reserves progress, $125,529; patents and goodwill, $108,438; expenses, total, Liabilities—Accounts advance deferred tax and $1; $19,253,738. payable, accrued State tax, accrued, $199,250; local and $2,281,500; taxes, $68,432; Federal capital stock customers' $5,731,039; reserves, $612,000; capital stock ($1 par), $500,000; capital surplus, $2,768,937; earned surplus, $5,400,989; total, $19,253,738.—V.-, 155, payments, $1,691,590; Federal taxes income, on able Chase . deducts.- $175,188 $1,495,315 stock He succeeds Frederic 11 Broad St., of Missouri for $100,000 Missouri-Illinois — ** -» --J— W Mb 990,82# 990,825 $504,490 — $500,275 revenues Operating 1942—3 Mos. 1941 . Federal Other „„ See taxes 42,853,670 37,993,077 4,534,061 5,105,668 6,651,543 1,745,334 10,500,335 1,458,026 1,495,932 1,628,593 1,608,013 5,436,262 6,449,625 from revenues $4,873,960 lease $6,476,711 $21,764,013 $25,964,906 of J (net) 3,068 1,425 income Net income 527,983 2,353,324 2,340,582 dividends $4,128,790 $12,414,372 $16,169,459 1,4»5,802 5,623,206 5,623,206 27 109,391 99 $1,121,614 $2,722,961 $6,681,775 $10,546,154 $1,121,614 $2,722,961 $6,681,775 $10,546,154 6,763 9,739 $1,128,377 applicable minority interests equity in pany $2,732,700 to of com¬ income of subsidiaries National Pwr. & Lt. Co.— 276,105 163,335 Net 397,000 330,000 Other income $64,939 $837,006 $831,406 ft 22,734 362,325 495,929 $474,681 $335,477 249,898 253,062 $224,783 41,905 equity, $32,054 i $23,033 21,089 $1,945 above___ as Total " $82,415 Other Pacific RR. of has additional first mortgage to tender. As appro¬ bonds 396,068 177,277 7,529 29,913 32,070 28,138 Interest, etc., deductions Inc. surplus from 256,886 303,728 1,021,545 $2,346,401 $5,850,772 $9,036,690 $996,892 ____ paid Other of public.—V. 155, p. Pacific 6,763 cents per share 16 $3,983,460 75,983 120,329 $4,059,443 $6,849,272 396,068 349,320 177,277 226,858 Expenses 2096. On Texas & 55,363 $1,631,405 7a, 911. 40,146 50,973 7,838 7,529 $615,523 $1,501,992 Total Other income $718,870 — taxes taxes operat. income Interest, etc., deductions 155, p. 2369. income 28,138 ___ income paid of 20 cents per share was paid and 30, last. Payments in 15 cents each, and Dec. April on Oct. 15, This compares with 1940.—V. 155, the common stock, This compares with 1941 were as follows; 22, 25 cents.—V. 152, on 4130. Balance Loan Society—5-Cent Dividend— on Jan. of 15, five cents April 15, per July share has been 15 and declared Oct. 15 of last on year.—V. 155, ferred Issue— $9,000,000 in 4%ft 303,728 1,021,545 $3,152,457 $5,219,479 256,886 $1,245,106- advances (subsidiaries, and minor cash in banks (on demand), $1,$673,161; accounts receivable (includ¬ ing $500 from subsidiary), $575; accrued interest receivable, $4,817; dividends receivable (subsidiaries), $312,110; other current assets, $1,500; deferred charges, $71,400; total, $130,535,235. special . and deposits, cash stock, $122,393,351; long-term debt, $370,5,00; accrued interest, $6,946; preferred dividend taxes, $167,382; liquidation account— Service Co., $325,369; long-term debt called for Liabilities—Capital accounts payable, $37,297; $366,776; Public accrued $644,913; reserve for retiring minority interest in sub¬ liquidated, $10,000; reserve (appropriated from capital sur¬ plus), $281,378; earned surplus (all restricted as to common dividends, and $3,851,822 restricted as to : preferred dividends), $5,931,324; total, $130,535,235.—V. 155, p. 2369. ' * ^ sidiary A dividend stock, meeting, June 24, approved the issuance preferred stock to replace the outstanding The stockholders at a special $6,241,024 investments), • $128,394,998; 1313. (G. C.) Murphy Co.—Stockholders Approve New Pre¬ of 32,070 $3,456,185 redemption, the com¬ mon A stock, par $1, payable July 15 to holders of record July 8. A similar distribution was made on Feb. 1 and April 15, of this year,, dividend 29,913 , Sheet, March 31, 1942 securities Assets—Investment declared, Monroe $587,385 has been declared on the common 10, last, and 20 cents on Nov. 15, Dec. on $6,728,943 $1,621,666 9,739 result of previous pur¬ Net Ry. below.—V. 1942—12 Mos.- -1941 » $712,107 - income other dividend and 226,858 Income^[Company Only) 1942—3 Mos,—1941 subs.—con¬ solidated of as pur¬ $5, on June 25 to holders of record June 15. A 349,320 70,911 50,973 7,838 Period End. Mar. 31- authorized been Mode O'Day Corp.—20-Cent Dividend— : 120,329 55,363 —___■ taxes taxes Balance, 75,983 $6,757,758 $10,666,483 40,146 Expenses 076,675; 27 9,887,555 28,626 Portion 13,530 1411. June '9,432,574 1,405,802 ■ 31,000 Ry. Stock— Texas & cents 86,025 to public 18,935 acquire bonds by to agent dividend of par 72,650 public, $2,556,042 ♦Preferred 512,958 $6,482,114 $21,846,946 $26,057,014 3,978 1,772,020 43,386 to Balance $3,609,719 2,124,315 stock, payable July 15 to holders of record July 1. TO 6,083 $6,478,136 $21,774,296 $25,970,989 deductions from A 10,283 $4,896,624 (net) interest etc.. Net , ' $4,877,028 19,596 Operating income Missouri Public Service Corp.—16-Cent Dividend— cents ■ 9,598,804 approp. res. operat: plants 1942—12 Mos.—1941 $4,162,408 183,016 Dillon, Read & Co. have been designated ; A [Incl. Subs.) 1942—12 Mos.—1941 10,843,689 3,911,781 taxes Prop, retir. Net Missouri Pacific RR.—Receives Dividend • avail¬ are $22,716,049 $20,924,794 $87,003,905 $80,249,255 expenses operations $1,334,500 bonds have been retired leaving $1,403,000 Pacific that announces 1957, ■ Operating •' $335,871 retirement RR. outstanding in hands • 1, Subsidiaries— Federal chase City, 2282. trustee chasing Y. April Comparative Statement of Consolidated Income Period End. Mar. 31— Missouri-Illinois RR.—To Retire Bonds— priate N. debentures due fund National J Power & Light Co.—Nationwide Banking Group Soliciting Exchange of Stock—See Houston Light¬ ing & Power Co. $1,491,100 20,693 ,, Bank, sinking exchange for temporary debentures at its corporate trust department.—V. 155, p. 2282. Gross $11,361 p. National 3 lA ft for delivery in $54,788 pfd. on ■ National Oil Products Co.—Definitive Debentures— 36,000 taxes— deprecj__'. etc., ^ 2282. p. 1,671,594 205,859 income 155, The Co.—Official Promoted— the board. tax income no of par This compares July 1, 1941. Del., Inc.—10-Cent Dividend the common value, payable July 1 to holders of record June 25. with 40 cents paid on Dec. 30, last, and 10 cents on Shirt Shops of National at the May meeting of etc.,, Comparative Statement of p. Taylor, Jr., has been who 132,274 Tennessee : ft- 1514. Metropolitan Life Insurance the $313,376 Radiator & Mfg. Co.—Earnings— ♦Net V. 164,713 1,478 . . cents Earnings for the Quarter Ended May 31, 1942 and 1,171 $353,980. Balance p. McCord 277,185 Federal 25 paid on April 20, last, on'Jan. 20, 1942 (see V. 154,.p. 1700).—V. 155,Vp. 1839. and 1942, ,100 ;; V-'-' 12 1942—Month—1941 31— __— Net income —V. :■■■■ 20 to holders of record June 30. This distribution is derived income on securities owned for the quarter ended 30, 38,333 Depreciation & amortiz. 4,580,507 43,398 for Dividends Asset investment June 752,190 36,164 $3,161,216 pref.; stocks for period taxes Interest, ., 'ft -ftftft ftft ■ Massachusetts Investors Trust—24-Cent from 6,071,784 on ■ $1,015,798 970,785 375,228 etc., $7,741,723 $3,156,722 2282.i>-"r /////' '/.ft, p. income p. able July $9,228,506 % »; ... p. 2096. $1,769,163 1,825,238 1942—12 Mos.—1941 $116,296 • } net owned investments of 1938 $5,996,768 Rent $313,276 «** — revenue. Gross common new /ft;-ft V ft/". /ft/ft ft /ft. ■' -/ft"' ft ./ft ftft/ft corporation 1939 1940 ft./V/ft;'/ Co.—Earnings— 137,980 applicable to Provision assets of $6,150,365, based on market May 31, 1942, equal to $6.85 per share, on 897,932 shares outstanding. This compares with; net assets Of $6,574,516 oh Feb. 28, 1942, amounting to $7.22 per share on the shares then outstanding. Earnings per share were approximately the same as In the corresponding quarter of 1941.. :; The 38th quarterly report notes that during the quarter ended May 31, 1942, the fund1 purchased additional'blocks of Curtiss-Wright "A;" and National City Bank of New York, stock;. and sold, part of; its holdings of American Can and Kennecott .Copper stocks.—V. 15.5, The values . $254,276 — -ll income Federal ft the Maryland , of directors of * cents 50 155, ft ■ . v' 416,869 (net)_ charges General \, Massachusetts Pacific 518,505 Operating expenses 1942, declared a regular quarterly dividend of $1.75 per share on the preferred stock, payable July 1. 1942, to holders of record at the close of business on June 25, 1942, and a dividend of 50 cents per share on-the common stock, pay¬ able July 17, 1942, to stockholders of record June 30, 1942. -I. . - ft "Accordingly, under Section 5 lai ill of the National Uniform Practice Code, unless otherwise agreed at the time of contract, transac¬ tions in the preferred stock of this company shall be 'ex' $1.75 on June 24, 1942,-and transactions in the common stock shall be 'ex' 50 cents Pacific for bond issues which it slightly more than $254,264 :.:= income 155, Gross Dry Dock Co., at a meeting held on June 16, , 1941 326,013 Canadian the $730,145 deduct.; rev. Period Ended May ; • June 23 announced; that the board been notified have 1,138,088 2,124,048 Mississippi Power Co.—Earnings- July 31 and Oct. 31, 20 cents each, The National Uniform Practice Committee of the National Association "We $1,606,000 1,390,973 $12,375,140 and April 30, last. " Maryland Drydock Co.—Dividend Ruling— ;••'/. of Securities option $772,769 Balance holders on Pacific the reorganized Soo Line for $2 amount of the option stock 1942—Month—1941 income Dividends share has been declared on the common of record July 15. A similar dis¬ per to this issue $1,664,094 exp. the 155, p. 2369, operat. revenues- Interest Net of 20 cents $406,338 292,114 299,902 (net) Other 2185.- dividend right to ....... 161,530 $302,752 • the the common stock of the Canadian gave stock. revenues oper. Net $640,059 • ' $47,864 have will -ft 312,541 Marshall Field & Co.—20-Cent Common Dividend— ft A , the Canadian give Period End. May 31- Gross $29,231 $416,856 sales,. on deductions Net $952,600 < $464,282 $61,325 $42,692 $5 pfd. stk. p. y traffic agreement between the Canadian Pacific and the Commission said it regarded a traffic agreement with Pacific as necessary to a continued profitable operation a Canadian Operating $67,836 profit Other ICC — The Line. 2,598,148 i. Bal. avail, for —V. Pacific $3,550,748 earnings— Gross Admin,, sales, 27,504 $303,782 expenses- Ry. reorganization plan provides for ain 8-year extension from Jan. 1951, of the $325,720 25,144 Net s Railway ft increased Minnesota Power & Light Total 6,066,969 1,661,223 1842. p. facilities approved March 17, an effective working amount of of the total stock plus • revenues 1,808,727 ■ The Canadian .ft..ft original order the total common Soo 21,674 Gross 422,854 company. the Commission of $3,523,244 $3,967,956 1,682 Non-operating by the of reorganization the common stock of of The guaranteed 1942—12 Mos.—1941 Income- 25 ft had The Operating. revenues--— 45 ft , 45 ft vf • Line. 33ft. 1, Co.—Earnings— 1942—Month—1941 30,638 6,888,330 National Acme Co. o.—Earnings— holdings and the payment of interest on certain bond April 2, July 2, Oct. 2 and Dec. 26, 1941.—V. 155, p. 14102 Marion-Reserve $9,364,830 35,652 1,547,082 459,434 income oper, 155, definitive Pacific Canadian reorganized Commission's buy to share on per Ste. Marie Sault & its plan amendment approximately share. a 2 to holders of record April 2, last, and on value,- payable July par 1942—4 Mos.—1941 $2,383„741 $10,396,803 ,•,/ 1313. the the the Soo The to The new 1,790,186 Calendar Years— share has been declared on per has amended of Under Manning, Maxwell & Moore, Inc.—25-Cent Dividend— the cents p. insure to control preferred 30 155, The ICC $2,694,666, Liabilities—7ft gold bonds, series B, due Sept. Amends Reorganization Plan— receivable, $53,296; materials and supplies, $69,682; deferred debits, $5,880; total, on corporation Minneapolis St. Paul ' plant and equipment, $2,494,653; Debits—Property, the $13,192 ___ income Assets apply the net proceeds, together with other to the extent necessary, to the redemption of to proposes the extra.—V. Net registra¬ the date 7,467 income,,,,,,,,,,,.. —V. Co. the common stock, payable July 15 to holders of record July 8. Previous payments this year were 15 cents on Jan. 15, an extra of 20 cents on Feb. 14 and a payment of 15 cents on April 15. Distributions during 1941 were as follows: Jan. 15, 25 cents; Feb. 24, 25 cents extra; April 15, 15 cents; July 15, 25 cents; Oct. 15, 35 cents; and Dec. 15, 50 cents 4.176 ■ $32,345 income Gross Insurance Life Midwest Piping & Supply Co., Inc.—30-Cent Dividend $9,604 $25,702 Operating income Non-operating income which on 9,078 taxes tion A Income Mutual $449,135 31— revenue 27, the The proposed issue and sale have been expressly authorized Michigan Public Service Commission.—V. 155, p. 2370. 1941 $464,046 Months Ended and Co. Insurance 1, 1956, in the principal amount of $2,535,200. (Both issues have been called for payment July 9. See V. 155, p. 2282.) The initial saving in annual interest charges to be effected by the proposed refunding would be approximately $73,454; the reduction in the company's indebtedness would be $11,000 initially, and $761,000 by Manchester Gas Co.—Earnings— .12 Operating Operating Life debentures have been placed with Travelers outstanding first mortgage 5ft March . said he expected 155, p. 2282. 1942—Month—1941 $2,675,554 expenses,, outstanding first mortgage and refunding 6ft gold bonds, series A, due Sept. 1, 1943, in the principal amount of $1,725,800, and of its the common stock, no par value, payable Aug. 31 to holders of record Aug. 14. This compares with 50 cents paid on May 20, last, and 25 cents on Feb. 27, 1942. In 1941, payments were as follows; Feb. 28, 25 cents; May 21, 35 cents; and Aug. 29 and Nov. 28, 25 cents each.—V. 155, p. 1839.'.;;.; ' V " .ft ,■ 7 • : , cents public.—V. rev,. Operating its Dividend— Madison Square Garden Corp.—25-Cent Mutual Northwestern to the June Insurance Co. at par and accrued interest. . , Hancock The 3V2% - 1601, p. other as against 50 cents Four quarterly pay¬ cents were made during 1942. 15, John to 15,' last, April on on and the year 1941.—V. 155, , 35 quarterly dividend of both payable July 15 of 40 cents per share usual the distribution A 30. common 25 of dividend a and $10, pay June record quarterly declared 18 to revenues Uncollectible oper. approved the application of (a) $3,500,000 mortgage bonds, series A, 3%%, dated March 1, 1942, and due March 1, 1972, and (b) $750,000 of 3V2% the preferred stock, par $100, share on per holders was June on for other general purposes.' and effective Period End. April 30— Net first • MacAndrews & Forbes Co.—Smaller Dividend— The become $3,741,564 828,936 oper. 155, Michigan Gas & Electric Co.—Private Sale of Securi¬ $2,845,850 $2,832,297 income 155, p. 2368. to will be offered Operating the company for the issuance and sale of —V. preferred stock Mack, Chairman of the Board, statement Mountain States Telephone & Telegraph Co.—Earnings 1942—4 Mos.—!* £41 $4,483,245 $19,407,758 $17,180,419 18,147 rev._ income —V. $4,317,645 1,471,794 $4,160,967 1,328,669 — M. -Earnings- 230,320 Other income E. Operating Net Net tion 1942—Month—1941 revenues.- Uncollectible oper. Louisville Gas & Electric Co.—Earnings— Total $4,000,000 of 5ft 697^ Lend-Lease Michigan Bell Telephone Co. Operating Operating revenues to issue Period End. April 30— April 30— and director on Jan. 14 Administrator E. R. Stet- Vice-President as Assistant tinius, Jr., in Washington, D. C.—V. 155, p. 155,-p. 53. Year Ended resigned Special 2459 10 cents per See V. 155, share has been declared on p. 265. . THE COMMERCIAL & FINANCIAL CHRONICLE 2460 National Sugar Refining Co. (& Consolidated 1941 sales Net Calendar 1940 1939 Operating 1938 Uncollectible oper. $59,617,353 $50,021,008 $64,457,899 —— $79,390,025 76,752,078 59,046,176 49,526,284 64,964,566 $2,637,947 $571,177 $494,724 14,159 17,893 $2,637,947 $586,245 $508,884 §$488,774 689,417 700,175 692,959 frotn oper * . items & 46,164 58,476 194,358 248,675 12,692,629 4,223,074 11,857,357 50,060,707 46,579,603 $2,778,200- $3,270,832 $11,030,928 $12,762,765 for Net . conting $1,428,530 paid ....—. 155, §$113,930 §$434,144 . . further 723,875 Balance $1,428,530 stk., outstdg. ' cap. (no §$113,930 sh. per ■^Included stk. cap. in net 571,300 Nil Nil $2.51 sales. tConsists of on 579,100 Y account Consolidated Balance Sheet, Dec. refined $2,943,293; accounts receivable, and syrup (incl. $135,607 Federal sugar factured sugars), $2,106,953; packaging $4,510,762; excise derived • fuel and tax on trade marks at cost, $400,001; patents and Liabilities—Short payable term Including excise and tax workmen's tax surtax notes payable total, bank, compensation manufactured on to cost claims, earned stated the accounts $1 1413. • . An of ■=' the following securities: ' in such denominations the as per 1 annum. shall company issue,; to mature Jpne 30, 1945, and to bear elect at interest the at did time amounts as ments to pay for proposed extensions, additions and better¬ and property of the company in the amount of necessary the to plant $1,250,000.—V. 155, 1 2283. p. :V y ■' ; : ; Government the Federal July on Water right to divert from water the on interests March It the Niagara to Service property. Commission jV" 1 observes: inflation thus the books of the be of to the at Hydraulic Power Co. of books of the the Niagara the Commission Niagara Falls, Falls that says Power their stock, This 1941 with paid prior cents, the cents $25 and March on to dividend of a paid on stock par Dec. 27. 28,, 1941, the old 155, p. For the week 11,213,707 above year ended kwh. production ago. Gas June This of without the book up unregulated $3,307,975 the books facilities ■ Under terms in Net Net the Net future profits the which additional appeared of the the predecessor represented 155, p. 1924. to the to justify. A before come increase of for week is 435,837 the 2369. : ,y y-v/.v-:, ,• week ' a y ^ .v . at 91,767,000 above year v common On of production in hours, both Commission struck out The order $15,537,943 and purchased, New England Power Association and subsidiaries for the week ended 1942 (the amount available for New England Power Associa¬ other reporting companies and secondary sales to other utilities), was 55,053,836 kwh., as compared with 54,920,264 kwh. for June 20, the week ended Output for V. 155, June the 2369. p. 21, 1941, preceding increase of an over -y - increase an of week ended June 4.25% the . 0.24%. 13, 1942, corresponding was week 57,993,957 last . .. .. /. period End. April 30— Operating revenues..— Uncollectible oper. rev,. Operating Net 9,881 expenses— Operating Net 1942—Month—1941 $7,556,702 5,204.084 1,097,290 4,757,712 1,135,757 $1,245,447 $1,202,742 876,219 786,323 taxes income. oper. __ _ income...— -r-y.^,155, 1942—4 Mos.—1941 in 20,524,593 18,832.562 ->4,068,891 ■ redemption be made $5, 1941 Net ry. operat, 1941 $3,449,064 $3,170,516 881,397 911,119 1,057,520 $4,818,202 2,048,130 1,259,903 383,332 431,457 32,670,039 22,619,909 16,133,611 14,458,834 9,263,769 5,242,932 5,623,010 18,436,838 5,448,066 2,743,078 income. From Jan. 1— Gross from Netifrom railway railway Neit:ry. operat.. income. —V. 155, p, 4,686,282 sinking fund 2097. money Insurances dividend of a were follows: as declared BMT, Total oper. Pperating revenues expenses ... Income from and IND oper income. 22,183 $2,038,083 $2,657,260 35,503 31,798 • Exc. of revenues 1941—6 Mos.—1940 135^149 211,420 $9,595,520 $13,367,352 212,588 190,903 over ioperating expenses.- —V. $2,073,592 $2,689,058 $9,803,108 $13,558,255 155, p. 2010. 8,194,285 1,967,338 1,917,52* ,$530,651 $1,907,406 $2,046,455 439,245 1,974,568 3,715,115 able 1, 1942, at 100 and held in the sinking Lives & Granting 2097. V'. cents per 15 March and 31 share June 30, dividend of 1940 11,772 $287,617 *170,340 *20,807 ' 1939 $265,486 /: $285,728 199,601 *131,701 200,960 323,669 %263,721 1,243,535 1,183,667 1,198.840 railway199,601 income. T 11,772 ♦20,807 *170,340 *131,701 200,960 323,669 *263,721 ,/ : .... 155, 2097. p. of cents 25 29 share has been declared per holders to share per paid of June record June on the on 19. This common compares 13, 13, Co.—25-Cent Dividend— stock, par $1, and July 1941.—V. The 15 cents a dividend of the class B 1 to holders of record June 20. 155, p. 265. 25 cents per ^ ; share on the stock, par $1, pay-: common This compares with 20, last, and 25 cents 20 cents on June 30; V.r : Corp.—Proposes Sale of Laclede Gas Securities Light and Exchange Commission announced" June 22 an application bad been filed by the corporation for approval of the sale to an insurance company of $2,500,000 of 5% refunding, and extension mortgage bonds of Its subsidiary, the Laclede Gas Light Co. of St, Louis, Mo. , tion of not approved Ogden's acquisition of such por¬ to other holders, but reserved jurisdic¬ extended on the • Commission the bonds the company's proposal to bonds for resale. * ' tion the on on Bonds— on p. 1941 $361,269 borrow $2,500,000 to be used " \ . to buy 7 7 its In amendment, Ogden stated it may not be necessary to borrow the money if the SEC approves the private sale. The sale price was placed at 99 plus accrued interest from.April 1.—V. 155, p. 1414. ; - Period End. April 30— Earnings— *' 1942—Month—-1941 . 1942—4 Mos.—1941 99 179 373 692 45,497 195,041 180,927 13,775 10,278 54,350 37,239 Income $16,608 $18,803 $66,318 $71,514 to a 60 cents share per Like amounts were disbursed - , Jan, on pref. 20 Dec. sentence" 1941, 30, order of the Net Step in for the existence and Exchange requiring the liquidation of North Amer¬ The appli¬ disposal of its interests in two small companies, one for of American approximately $38,394 Light & Power is and for other the oper. 155, $290,372 Ohio .. 1683. p. Bell Telephone Co.—Earnings— Period End. April 30— Operating 1942—Month—1941 revenues Uncollectible oper. rev.. Operating , expenses.... Operating taxes a $30,500, subsidiary of the North American a $316,082 : . , ulti¬ its Light & Power have been filed with the Commission. rev.. $74,757 and - Securities $82,895 revenues:..... Uncollectible oper. 1315. p. " * steps in a contemplated general plan of the company and termination of "death of consideration Co.—V. The 155, 2187. p. directors the similar on - 19 June stock, capital distribution ' ' • declared payable was a July made dividend '. Jan. 2 preceding and 15 of - 4 Net Net income.—_ oper. 155, .. . „ $934,812 $884,821 $3,557,555 $3,402,512 915,345 income.... —V. 1942—4 Mos.—1941 $4,939,593" $4,490,459 $19,078,757 $17,210,147 10,496 -9,472 41,314 35,487 2,873,780 2,551,938 11,364,918 9.867,020 1,120,505 ' 1,044,228 4,114,970 3,905,128 845,268 3,581,528 3,306,040 2284. p. ■ Ohio Edison Co.~ cents per share record June 25. April 1, last, as com¬ holders to 1 on 10 cents per share in of quarters; lVa%, payable July 1, 1942, on the outstanding first collateral lien bonds due July 1, 1957. Fixed interest of 1V2% on said bonds is also pay¬ able! July 1, 1942. Pursuant to the provisions of the trust indenture dated as of July 1, 1937, relating to said bonds, no transfers of bonds shall be' registered on the registration books kept by the trustee during the terr days next preceeding said interest payment date. —V. directors also declared payment of a income interest of > ■( -,r Gross revenue.. Operating General Fed. Gross 7% preferred Public Service 24 declared June on stock, $1.50 on the Co.—Accum. dividend of $1,75 a stock preferred 6% per and $1,371/2 —V. 155, pn the 5%% preferred stock, all on account of accumulations, payable 14 to holders of record June 30. Like amounts were paid in quarters. Arrearages at as April 14, last, amounted Northern States Power Co. a (Del.)—Preferred Divs,— stock, and a regular quarterly dividend of $1.50 par share on the 6% cumulative preferred stock, both payable July 20 to holders-of record-June 30; Like amounts were -3 Jan, 20 and ,.:>*{. April 20, > 3 2 last, and in J, The filed ■.! ,<■ 1 L each "of :i Y the > "J four •j quarters --1 1, I 3,143,785 2,925,090 $556,211* $7,080,598 $7,264,598 $463,815 288,075 3,452,640 3,425,501 $178,166 $3,627,958 $3,839,097 1,866,923 1,866,923 $1,761,035 $1,972,174 stock 155,577 $268,136 155,577 pfd. ; $22,589 $112,559 2284. SEC by the on June 17 permitted proposing to become to: extend effective Maturity declaration a the maturity Aug. 1, 1942, to Aug. 1, 1943, of $412,000 of unsecured 5% notes held by Sand Springs "Home, Sand Springs, Okla. The SEC in its findings states:' the Under regular quarterly dividend of $1.75 per preferred 671,000 250,000 285,649 ■ ... —— p. 1,683,400 Oklahoma Power & Water Co.—Extension of to $11.37 Va per share on the 7% preferred stock, $9.75 on the 6% pre¬ ferred stock and $8.93% on the 5%% preferred stock.—V. 155, p. 1924. The directors have declared on the 7% cumulative on Balance on "; income 2,210,821 2,085,400 2,288,400 and deductions. & Div.— share July previous deprec. 2,390,514 138,200 121,100 278,757 taxes. income Interest 200,383 140,000 238,200 taxes prof, for 1942—12 Mos.—1941 $1,911,725 $25,913,258 $21,868,068 645,831 8,924,561 7,113,249 203,365 income amortization Net Indiana 725,795 expenses excess Prov, 1942—Month—1941 $2,049,932 — taxes Federal Dividends directors -Earnings— Period End. May 31— 155, p. 2234. paid on V. v 31,698 8,907,345 500,992 52,413 share ^K 40.1*1 2,096,188 518,947 taxes™. Commission the Divisions) 50,216 7,779 expenses liquidation The $10,365,097 $10,084,249 $57,185,492 $56 131 621 8,276,797 7,404,805 47,378,553 42,'629*120 Operating rentals Non-oper; IRT 1941—Month—1940 1942—4 Mos.—1941 \ $3,135,610 $12,822,290 $12,189,966 Operating accumulations. Northern (Includes - April 30 6,424 per share paid on these issues on Dec. due bonds, 2,297,917 '"""New York Transit System—Earnings—? Period Ended Dec. 31— Ended by the Amer~. cents; .V V payable June 30 to holders of record June 23. distribution of 20 cents per share was made. a have additional The 1939 3,643,868 Months • ■ , Operating pared with lq40 $7,486,578 owned cumul. pref. stock and 55 cents per share on the 5%% pref, stock, both payable July 20 to holders of record June 30, Two A railway. Net: from, railway.... is ,, 1942—Month—1941 V Noxzema Chemical of July as of out for Co. Liquidation— 3,006,358 '■ from the in to .war 1,654,737 cents common North Texas Co.—15-Cent Dividend—Interest— .'/ New York Chicago & St. Louis RR. —Earnings— Gross men las^ and 25 cents. on 1942. Distributions during 1941 were as foM^ws: March 10, June 14, 50 cents; June 30, 15 cents; Sept. 13, 50 cents &nd Dec. 19, 75 cents.—V. 155, p. 2097. 25 $4,723,209 p, 2010. 1942 Four • . operat. 50 March VI?- North American Light & Power Co.—Further on May— by 4,153,778 $5,032,622 3,479,249 mail $489,300 506,071 railway dividend -V. North air stock - ■ $3,297,422 The directors have declared 6% ican .new Operating cations cover $7,108,357 $29,662,230 $27,760,187 12,146 36,124 50,638 a on pursuant Telephoned Telegraph Co.—Earnings- New England set 2,282,751 stock, payable June was . mortgage 3-5% declared last, account of mate - All of its 1942 'Deficit.—V. with of the total disal¬ and April 20, this year, as compared with $2 on the 6% $1.83% on the 5%% pref. stock on Jan. 20, 1941.—V. 155, year.— had No-Sag Spring Co.—25-Cent Dividend— tion. and kwh., of use Co. And rev.*_ " railway...:^ from ry. A Project No. 16 and placed Philadelphia; Pa.—V. 155, par 31, directors cumul. on mail had It North American Investment Corp.—Accumulated Divs. 155, " said. air in correspondence, related 155, p. 2011.. Ohio Associated Telephone Co. production ago.—V. Month railway ry, operat. income. from \ We each; Sept. 30, 30 cents; and Dec. 27, 40 cents.—V. 152, p. 2077. y;-y / generated stock, Payments For . Net cubic Association—Output Up 0.24%— kilowatt trustee, March the New England Power Total for will Pennsylvania The directors have 4.04% share. per & Telegraph In March the output or corresponding reported an increase of 1,966,000 cubic feet, or 4.38% 89,801,000 cubic feet in the corresponding week a p. kwh., he that 2011. from Net more us. Niagara Falls Power Co. •" first called Payment The Annuities, month gains From Jan. 1— intercompany profit. an present • $21,500 of have been at Airlines 25 declared a quarterly dividend of 75 cents stock, par $100, payable June 30 to holders Previously this company paid regular quarterly income... p. Ogden of interest. $1.25 oper. Gross extent Nice Ball Bearing Co.—Bonds Called— 1945, Northwest on June from Net Public pretense investment the earned surplus accounts of the Niagara Fails Power Co. and the balance Is to be transferred to other accounts within the next 60 days. fund pound-miles, increased taxes......; 155, Gross V Norma-Hoffman Bearings Corp.—15-Cent Dividend— Association—Output— kwh. 19 and share outstanding stock feet, of 27 per 1 > common 26. revenues.™: May— con- ■:a" y June $1.80 company's Northwestern Pacific RR.- -Earnings- trans¬ 1918 in total the In said.—V. income........ —V. the on was the their properties of lowed is to be removed from the accounts of 23. Distributions June of 1314. ■,> the last. par June record of Operating previously transferred dollar of a costs write-up of because it A to Operating expenses project." disallowed the on this Association reports electric an 10,777,870 for output 19, is $100 share per follows: as dividend A on New England Gas & Electric of cents March -31, were $1.15. split-up.—V. 4-for-l 75 payable June 30 to holders of 50 the on 45 declared $25, par compares during Sept. 30, was have due Uncollectible oper, New England Confectionery Co.—75-Cent Dividend— The directors common line. by. steady on the June Operating be remiss in our duty if we permitted any portion of this $11,800,482 to be reflected in licensee's property accounts as an investment —V. • , consecutive , Period End. April 30— would on that decisions our which Co. flagrant example of outright inflation has seldom this announced of air mail carried pounds the and Results having effectively removed their activities from public regulation, the been 19 -..r' 208,791,260 on were on record dividends the book cost of the Schoellkopf distribution length bargaining, Schoellkopfs wrote in June on announcement ican Telephone without any change in the stockholders or the property." The Commission quotes from the resolution under which the merger was effected to prove that "in other words, having erroneously assumed ownership of the water power inherent in the waters of Niagara and < of directors share of , which of Northwestern Bell Telephone Co.—Reduces Dividend The and ' Hunter second forces per company Cliff company to escape the jurisdiction of the New York Commission—was increased $11,800,482 "without any arm's with increase an allowed," the to the gains company Cliff year, ago. Pounds flown in Aprils totaled 96,344 and v. IV;'1'V hauling air express from important production centers is flying cargo under special contract with the War record the of : on corresponding week last year total a The in law compared the 68,709,922. armed "The record written a effort, an Public for April a total of 267,286 pounds was reported, and pound-miles totaled 205,225,506. During May, a year ago, 206,390 pounds were carried 153,623,434 pound-miles. Hydraulic Cliff system as the books Falls the the of 276,848 was monthly 15, transferred were Co. kwh., ' . ,y Power total a company carried • 1909, and that the contracts originally owned power through Co. States 33,379,000 In May, 1942, established a new monthly record for the system, F. R.: Erickson, manager of air mail for N. W. A., announced. The mall was disallowing the ,$328,471 write-up on the Distributing Co., the opinion states that on of A total , Power should be determined write-ups totaled Record Air Mail Carried in May— 3, * the project Northern 1942, Department, Mr-Hunter said. that permit, fair value license, a represent any investment and in accordance with Another may be necessary, as held the Its of one It valid existing qualify for represents organized was properties—aside from the • be issued from time to time first to immediately pay off the remaining balance of indebtedness to the First National Bank of Boston represented by notes aggregating $750,000, and secondly from time to such of not Service with $1,000,000 ;,jThe new notes payable to the bank will in their solidation, of ; . under classed inflation. Discussing' the total disallowance of the $11,800,482 write-up Company has presently outstanding indebtedness aggregating $1,750,000 due the First National Bank of Boston, represented by notes maturing on June 30, 1943. The company now proposes to replace a portion of the above $1,750,000 temporary indebtedness principal amount of long-term indebtedness. of not must of rate ' York . time the . and any Federal facilities, franchises and Commission $328,471 ../(a) $1,000,000 serial notes, third series, 3%, due May 31, 1957, proposed to be sold to two insurance companies at a price of $101.50; ,<(b) Notes payable to bank in amounts not exceeding In the aggre¬ gate $2,000,000, all of such notes to be issue prior to June 30, 1943, 2 V* % , ; < In addition to 1907, from the '■ ' ' > /."• clearly shows that there was no semblance of arm's length bargaining in this transaction, which effected no change in the ownership and control of the property. The ' . . In Electrical Manufacturing New The application has been filed with the SEC by company, a subsidiary England Gas & Electric Association, proposing the issue and the Cliff 1, 1910, under balance ,, New sale .of month the Commission agreement dated May 4, 1909. This transfer, the opinion says, was effected by the Schoellkopfs to divorce their dis¬ tribution facilities, which subjected them to regulation upon passage New Bedford Gas & Edison Light Co.—Files With SEC of claim outright vested or companies. Schoellkopf Jan. ferred .• • below. Airlines, Inc.—Air Express Record- Croil pound-miles, possess investment in disallowed company & books \ , the on per $2 each.—V, 155, p. value" Co., monthly new a * 20-year controversy, a continued: It permanent the Cliff by share has been declared on the common stock, payable July 10 to holders of record July 3. A similar distribution was made on-April 15, last, as compared with $2 on Jan. 15, 1942. Payments in 1941 were as follows: April 15, $1; and July 14 and Oct. 9, of Power Naumkeag Steam Cotton Co.—$1 Dividend— dividend of such any distribution $1,919,258; Federal normal , A preferred of 103,930 pounds of express during May, 1942, record, as compared to 54,308 in May, 1941, and pound-miles totaled 80,547,846, as compared to 28,696,647 In the same legitimate existing in connection with this project, diversions" at Niagara Falls, and the profits diversions,' equity and good conscience compel the $15,436,929 books values, $164,652; capital stock ($25 par), $14,220,375; $5,778,985; total, $25,905,440.—V. 155, p. 1681. surplus, declared. that the net predecessor . etc., $857,650; sugars, The 20, for Northwest President planes carried basis of granted 28, Dec. and Director— as Electric the of June kwh. Niagara River. 1941 on "actual actual legitimate original cost." Legislative history, it clearly showed that although Congress authorized temdiversions of Niagara River waters through the company's pro¬ ject for limited periods under revocable permits it neither intended nor $25,905,440. $1,000,000; the porary income (est.), $370,000; serial note payable to 1942, $500,000; serial note payable to bank, Dec. 28, 1943, $750,000; deferred income, etc., $4,439; general reserves, $340,081; contingent profit on treasury stbck representing the difference between bank, cum. 155, p. 2370. asserted, was $184,549; Federal & 32,502,000 11,068,328 history of from the on manu¬ new plant, equipment, etc. (less allowance for depreciation of $12,412,7671, $12,473,503; deferred charges to future operations,' $304,- the conclusion and raw boneblack, $1,112,978; in¬ vestment in and advances to Pennsylvania Sugar Co.,, $1,824,377; sundry investments, etc., $44,427; N. Y. State and N. Y. City bonds deposited as guarantees under N. Y. State compensation law, etc., 597; "fair Commission output ended week "Under all the circumstances 1941 refining materials and supplies, incl. prin¬ materials, ended The company, therefore, could not the " cipally Gas Weekly Electric Output Up 2.7%— 15,684,994 9,829,166 fixed 22 ; which company's the y including 31, Assets—Cash, . decision, as a flagrant example of the Niagara Falls Power Co. did not Act. warehouse • June on right-of-way or authority from the 1920, when it applied for a license Nil . $11,234 $144,116 loss Subsidiary company; 2,667,400 write-ups 568,815 pre-operating expense of spurious raw sugar receipts; $76,877 strike costs and $17,840 sundry, tlncludes provision for contingencies of $30,891. .{Deficit or Joss. of Standard 2.7%.—V. Commission Power rejected §$866,594 §$2,016,738 ■ pari—568,815' Earns, 2,342,138 consideration. its In Shrs. 17,070,022 original cost" of the Niagara Falls Power Co.'s project 16 near Niagara Falls, N/ Y., at $24,680,680; disallowed $15,787,688 out of book costs totaling $44,453,868 and reserved another $3,985,500 of book costs for §$1,292,863 432,450 - 4,006,908 1842. p. Federal 150,000 profit Dividends - —Cost of 370,000 ——.— income Niagara Falls Power Co.—Valuation Cut by $15,787,688 Project No. 16 Fixed at $24,680,680— t250,069 — taxes oper. • income- —V. and tax surtax Prov. See - • Electric Net non-recurr. . Federal normal t —.. interest-- Extraord. Resignation of Official $19,740,067 $19,193,573 $78,356,015 $75,276,042 rev._ expenses— Operating Net earnings Deprec., Arrearages'total $2.62ya per share on the 6% $3,061/4 per share on the 7% preferred stock. stock and +804,089 — income Gross 1941. of ^ 1942—4 Mos.—1941 §$506,667 15,068 1942—Month—1941 revenues-- Operating Profit Other Telephone Co.—Earnings— Period End. April 30— Years expenses— and Cost New York Subs.)—Earnings— for Account Income Monday, June 29, 1942 company curcumstances we determined date from promissory that' the ,further extension of the $412,000 of 5% notes could be permitted only upon conditions assuring that all of the company's funds and resources are conserved to help meet the forthcoming maturities—not only of these notes but also of the bank obligations due in 1943 and 1944. The company has 9 *u[% ■ Mi f iij. j U- J f ' ; 1 •» in these dividends had been retained Oklahoma positiion to retire, during the period from 1938 a The and its parent substantial dividends on its preferred been paying up to common stock. If have been THE COMMERCIAL & Number 4085 155 Volume would to the whatsoever be paid on preferred and common stocks except order of the Commission. Such a restriction tends to insure that the notes,in question will be more reasonably adapted to source further upon declarant's and necessary History and Business—Company, incorporated in New Jersey in 1900 successor to a partnership founded in 1849, is a leading producer fine organic chemicals, including citric acid and the citrates, ascorbic acid (vitamin C), riboflavin (vitamin B2), gluconic acid and the gluconates, tartaric acid and the tartrates, the exalates, and the Moseley ginson of The Securities committee "This the Dealers, has Inc. Its in National Associa¬ the that the U. S. in Oklahoma, order an District Court for 1942 19, June dated modifying its order of Dec. 29, 1941 which directed a payment of $5 per $100 of the face amount of first mortgage 5% bonds of Oklahoma Railway Co., has defined this payment as "a payment on the principal amount the debtor." of '"Accordingly, announcement advisory committee's tnis policy U. (N. dealt in re: of basis the on 27) No. P. 1730; V. 155, p. 1843. p. , stock, par no similar Oct. cents 50 distribution made was 14, Feb. on last, notice and and 6 Jan. on crude N. Y., of dock material on having facilities, of house, N, 34,000 5,589,059 Operating taxes— 1,265,262 oper. (■ Net Net ■'/; •'t • • 155, 1843. p. 1,573,885 ; . $3,823,207 6,298,258 $4,735,143 7,853,866 $944,510 2,025,869 income—_ —V. iodides ■ .. it and also number a of industrial and sells amounted to bismuth as it than not does 2% to Company has from the some of with such its principal acids, alkalis, has received War and from processes War revenue. business The certain use derive given direct which orders for Departments, Navy in and Other glucose. United the citric acid 1941 that Inc.—22-Cent Div.— increase an Its in stocks production to of maximum corporation on June 26 paid a dividend of 22 cents per common stock, par $1, to holders of record June 16. The the on cents per share paid on June 24 and Dec. with 25 compares '• ; ,v'. year. share This, 16, last //.• . sufficient are tartars crude finished and 1941 sales continue, Sales Pennroad on Reparations— A committee named by the Federal Court in Philadelphia to investi¬ > ; Corp.—Report in citric 1941 < to due are Accts. Profit not does products Earnings paid cash products have uses made estimated is that 10% than less tartaric of have based on in every and due tartrates the E. Philadelphia of Gowen the late Joseph has been elected to the board to Wayne, Jr. since 1939, and for¬ merly Vice-President of the Philadelphia Saving Fund Society and President of the Western Saving Fund Society, is also a director of the Penn Mutual Life Insurance Co., the Insurance Co. of North America, the Philadelphia Fire & Marine Insurance Co. and numerous other companies.—V. 155, p. 2384. ; Mr. the Girard Trust Co. President of Gowan, . (& Subs.)—Balance Sheet— Pennsylvania Sugar Co. • Consolidated — Inventories, stated at the lower of cost or (less amortization)—————_ at cost 111 ■■ 539,168 563,429 1930 Accrued general taxes 1 - - ■ Common Paid-in Earned * as After reserves for —— ———- stocks Siboney wholle <a subsidiary) the or liquidation of such with tl,136,043 639,525 t2.27 §138,855 .70 §.28 $11,486,160 corporation — months) the 4V2% record declared have cumulative May 30.—V. an preferred 144, p. Initial stock, dividend payable of June $1 1 and elimination of the redemption and preferred stock, share holders on of 288. the stock Common Purpose the of ($1 shares of stock was made June 23 by a nation-wide underwriting group headed by F. Eberstadt...& Co. The shares, priced at $24.75, or a total of $5,940,000, have been oversubscribed. common of common stock par), ($1 retirement on Feb. 15, 1943, of all company's capitalization is as follows: Authorized ■ par) of proceeds and to shares of $5,295,500 500,000 shares the from sale of of an amount as of Feb. thereon accrue sufficient 15, to 1943, such date, to redeem all including for so deposited pursuant to company a portion such of all par) of the — The bank loans company total held at by mentioned approximate 239,967 $2,285,735 31,402 $2,892,397 29,373 5,937 6,084 5,450 29,004 29,069 268,996 267,045 1,352,656 1,338,973 $256,477 $310,984 $872,673 $1,494,981 $256,477 $310,984 $872,673 $1,494,356 — Rent for leased roads & equipment Interest on ' income' Net and Sinking — 625 funds res. balance—— Income . debt,. —V. 155, p. 2371. : »;■ , ■ - , Philadelphia Co.—10-Cent Common Dividend— directors The June on 18 declared a quarterly dividend of 10 cents share on the common stock, payable July 25 to holders of record 1. A similar distribution was made on April 25, last, as com¬ pared with 20 cents on Jan. 26, 1942. Payments in 1941 were as follows: Jan. 25, 15 cents; and April 25, July 25 and Oct. 25, 10 Scents each. Consolidated Earnings Statement i > per July including Pittsburgh (Not way Co. and Subs, Rys. and other street rail¬ Philadelphia Co.) subs, of Year Ended * 1941 $54,602,755 $48,880,046 38,921,952 34,220,094 1942 April 30— Operating revenues — Net operating revenue— Other income —_ ! — — Gross $15,680,803 $14,659,953 585,826 311,812 $15,094,977 $14,348,140 income 6,945,539 6,810.549 L $8,149,438 $7,537,591 stocks of subs, held by the public 1,555,875 1,599,875 Crl5,383 Cr21,587 $6,608,945 $5,959,303 Total income deductions,,—„ income on cap. - Consolidated net income -V.. 155, p. the estate A of 1,002,930 contracted on dividend stock, Emile 1,916,410 were 2371. * Philadelphia Electric Co.—30-Cent Dividend— book ; above 316,392 $589,563 amount — capital 26,697 $536,776 — 5,366 deductions Misc. Divs. to value, and retirement of 131,040 shares of common stock ($1 67,873 income— Total Minority int. in undistrib. income of a sub—__ preferred dividends 776,160 agreement, $2,652,429 irrevocable instruc¬ under apply such deposit to such redemption and pay-, of dividends; and reimbursement of the treasury the $468,904 $1,969,343 Other income Net tions to meftt 180,991 $562,866 $1,600,000 Deposit in escrow with Chase National Bank as co-transfer agent 353,922 188,522 expenses Payment to Chase National Bank of all bank loans stock $3,187,343 19,042 63,381 Operating revenue deductions and taxes,, of the issue estimated at $44,500, are to be added to the company's other general funds for use approximately as follows: offered, after deducting $2,138,822 46,546 69,170 Net ry. oper. income. $672,794 8,867 Outstanding 500,000 shares net Issue—The 240,000 shares now Pfizer (Chas.) Pfizer & Co., Inc.—Common Stock Offered— shares ■ Additional working Public offering of 240,000 131,040 . $546,940 Operating income Equip, rents, net,—,. Joint facil. rents, net,, 500.000 on , Purchase, per to solely already Corp.—Initial Dividend— .—__ shares of common stock ($1 par) to be outstanding. The maximum amount paid in preferred stock dividends in any year during the period was $58,710. tin 1941 the company charged to surplus an amount of $127,444, representing excess of cost of reacquired common treasury shares over sales price to officers and employees, equivalent to 25 cents per share cn 500,000 shares of com¬ mon stock to be outstanding, iAfter provision for Federal income taxes of $888,000 for the 1942 period, equivalent to 72% of net income before taxes. Company has used an excess profits tax exemption on the average earnings basis, before any increase resulting from the financing, of approximately $1,300,000. §Subsequent to April 30, 1942, the company paid an additional dividend'on common stock of $210,560, equal to 42 cents per share. • Capitalization—By an amendment to its certificate of incorporation effective in June, 1942, and affecting only the common stock, the authorized capitalization of the company was changed to 6,160 shares of 6% cumulative preferred stock ($100 par) and .631,040 shares of common stock ($1 par) ;, 1,579 shares of common stock without par value held in the treasury were retired and eliminated; and each of the 120,320 shares of common stock (no par) then outstanding was changed into 3(4 shares of. common stock ($1 par). Giving effect to such amendment, to the issuance and sale of the 240,000 shares of common stock ($1 par), now offered, to the purchase, retirement of ' directors accruals,, tax Railway 1.28 f'349,558 promptness reinvested in other fixed assets usable after providing for any income or other taxes incident to such sale, shall be applied in the retirement of preferred stock and/or debentures.—V. 155, p. 1125. The 1942—Month—-1941 1942—5 Mos.—1941 $3,496,087 $3,334,580 $16,404,080 $15,719,388 2,592,988 2,315,228. 12,771,963 11,109,394 356,159 346,559 1,493,295 1,422,651 31—. 1.77 1942 (4 - tJ Marquette Ry.—Earnings— Period Ended May expenses..^, 2.19 the business of the corporation), Peoples Telephone ' revenues, 883,594 reasonable the conduct of "f 155, p. 2285 Operating 1,092,733 the'sale of its business and assets, or the sale of its fixed asset's, an amount equal to the net proceeds of such sale (but in the case of the sale of fixed assets only to the extent that the same are in 2,873,990 $12,45^181 Operating 1940 following not share) per —— ' 1.53 of owned (stated at $25 stock 616,000 3,009;000 par) .89 1.73 ■ articles 27,462 1,385,247 ($100 .63 „■ :v 765,112 Incorporation, as amended, of Pennsylvania Sugar Co. provide, in substance, among other things, (a) for restrictions on the declaration or payment of dividends on common stock so long as Its preferred stock is outstanding; the surplus restriction at Dec. 31, 1941, under such provisions, amounts to $3,893,224, representing an amount ($3,737,209) equal to the surplus of the company at the date of merger (Dec. 27, 1941) and an amount ($156,015) equal to eight quarterly dividends on the outstanding preferred stock, and (b) that, in event of the sale of the stock of Franco-American Chemical Works The 299,148 2,645,333 —— surplus Pere 1.28 ' .78 866,562 certain plant and other assets, and the capital Distilling Corp. and Franco-American Chemical including of 1.33 1939 depreciation of $7,577,704. Works. $1,600,000 payable stock -V. .44 Note—Pennsylvania Sugar Co. was organized on Oct. 20, 1941, and of the close of business Dec. 27, 1941, acquired a sugar refining business 1.20 -v-v i .1.62 ——————— —. 444 .377 218,988 par)-—————————■—--—•' ——j.— , 312,516 812,113 100,000 3,737,209 surplus —7,731 Total 183,822 Total .63 1938 income {$100 stock 4 _______ —. — —— Earned 1.29 liabilities——.———— surplus 4,635,891 (net),——— 2.13 •v' "■.; •!;• 44,583 1,042,840 —, — income Common V; .97 1.77 1941 123,986 856,612 4,439,268 receivable,,— accounts etc. liabilities Deferred .81 .96 .18 :■, % 2.io 711,198 —85,323 — 2.29 406,614 487,180 . $1,129,176 .77 642,770 taxes————49,843 57,604 4% debentures, due Jan. 1, 1952———-— — 1,772,100 5% preferred stock ($10 par), — . —.—1,560,150 Federal Accrued Other accrued ;"V, 312,606 662,626 Sheet, April 30, 1942 •' ■'•' : $12,456,181 Accounts 1.19 1.80 887,250 ————; .— 2,13 2.70 ' 597,836 ; 36,960 728,152 payable to bank. Notes 1.67 392,098 1934 $866,562 36,960 846,634 .47 89,090 1933 $1,092,733 36,960 602,565 demand deposits,,,,, charges Accrued Paid 481,645 , 1932 $1,136,043 18,480 'Total $0.44 ; 382,839 1,145,266 ' 1931 , 1.08 596,656 ; 1929 - $0.79 835,998 899,242 1,352,404 1928 104;507 230,000 125,000 —.—,———.—tj.,—— Preferred 1,050,346 payable to banks $2,905,000 Demand note payable to National Sugar Ref. Co.——500,000 payable V 234,573 1927 118,068 425,000 725,000 securities, at cost,,,— accounts receivable Reserves Earned 1926 156,364 575,000 120,375 and assets Deferred *Per Share Paid $218,418 52,291 608,000 - tax,. Intangible assets has 1937, Notes Accounts Net Profits V- • 280,000 __— tax,,— 1 and Fixed The 64C.790 1,063,121 ———————■—$11,486,160 Total ,-i $393,725 ■"Based Liabilities—' " $1,201,069 ' $349,558 hand Investments, in 3,286,926 299,712 5,647,291 268,785 market——, Prepaid expenses and deferred charges— ^Land, buildings, machinery and equipment—————, Boneblack, - $1,760,802 dividends Miscellaneous to $910,892 1,072,554 —— — •'* V-- 1936 receivable Accounts ' 1925 1935 v. Assets— Cash 1941 Sheet, Dec. 31, Balance <9 $2,592,408 dividends on Notes stock to be common Dividends Pennsylvania RR.—New Director— James 108,293 $1,289,850 prof, Inventories outstanding following this offering and the recapitalization. succeed $1,092,776 102,713 799,782 1 Liabilities— 1901. since year basis of 500,000 shares of $1,658,089 83,178 income Marketable following table shows the per share equivalents of profit and dividends, computed solely on the $2,509,230 47,493 Balance on company's gross profits. has shown net profits and stock common Cr9,974 $1,242,357 Assets— the Dividends—Company and dividends 14,895 — income Cash rather decreased considerably acid 6,593 ,307,677 . opers deductions excess Net therefrom months 18 shifted 1,032,560 Crl,760 income Common number of applications by other products, particularly a It conributed from Income Fed. permit related and 1,464,712 charged income Gross from and ,190,261 include relatively years, 1939 1. 1940 553,162 recoveries,J less Other their materials but approximately 1941 $7,009,834 4,304,291 expenses receiv. off, war, as . $4,107,718 $10,329,750 2,313,960 6,349,214 sold goods ministrative mineral acid sees acid. for sales long allowances Cost of and particularly the cessation of European wine-producing countries little chance of replacing such stocks. recent replacement in for losses the Pennsylvania RR. should make through purchases of securities sus¬ tained by the latter is to report on June 29. The court previously had held that the Pennsylvania was chargeable for $3,852,000 on account of these transactions. The railroad has announced it would appeal the decision.—V. 155, p, 1517. the to So tartars tartaric steadily restitution measure of Pennroad Corp. what gate permit crude it of to volume. of imports • Selling, general and ad- capacity. 1 Periods sales, less returns and * Pan American Investment Fund, the ——Years Ended Dec. 31- 1942 in tartars, raw levels . for the common registrar is Irving agent and Stated for April 30, '42 Gross Preferred at York, New Account manu¬ large the citrates and National Bank, 4 Mos. End. stocks of sucrose. Its withdrawals are subject to restrictions imposed by the Government In accordance with a quota system based on amounts used in the year ended June 30, 1941. The quota has permitted the company to maintain its produc¬ of r:"' ' Registrar—The transfer Co., New York. Chase Income States. relatively owns IncM 5,000 shares; Kebbon, Schwabacher & Co., 4,000 for customers,' believes crude sucrose, are and regular peace-time and other manufacturers materials Co., & Milwaukee Co. > Agent and is Federal orders from Emerich Ames, The Co., salts, Departments. raw solvents, obtainable tion & Transfer quicksilver, metal bismuth, crude iodine, and other standard chemicals, all shares each; stock has continued is respective Corp., 1,000 shares each. general stimulation some deceased a & total sales. of to over 6,000 the 12,500 shares; A. G. Becker & Co., Inc., East¬ Hemphill, Noyes & Co., Hornblower & Weeks, convenience for the which less the company in 1941 chemicals fine such Largely chemicals other 1941 by other uses, phenolphthalein. in made license to sales. Company , manufactures of and Co. Trust also pharmaceutical estate Co., Inc., Johnson, Lane, Space & Co., Inc.,\johnston, Lemon & Co., Kay, Richards & Co., Revel Miller & Co., Mitcnum, Tully & Co., Otis &* Co., Reynolds & Co., Shields & Co. and Van, Alstyne, Noel &Co., in addition 18,401,871 4,167,584 4,805,558) 21,626,619 1,034,704 4,982,750 $1,281,477 — consists construction a four-story building at 81 Maiden which is owned in fee. It leases sales office and Chicago, 111., containing approximately 15,000 City, sales a date to :'k income oper. It fee. or to $6,806,672 $31,467,312 $26,475,762 21,900 122,800 83,100 $8,169,798 rev- expenses—. Brooklyn, River, in riveted buyer accounted for less than 7%, It markets its products through its own staff, principally to manufacturing and industrial consumers and, in limited extent, to jobbers and distributors and for export. Company does practically no business outside of this country ration } 1942—4 Mos.—1941 1942—Month—1941 revenues....... East owned plate through any subsidiary. It has an investment in a British of $395,121 at cost, against which there is applicable a contingency reserve of $267,329, and has granted to such British corpo¬ Pacific Telephone & Telegraph Co.—Earnings— Uncollectible to of over 5,000,000 gallons, a boiler and watchman's dwelling. fee approximately five acres of land on Newtown a Such sales the products Operating steel of the each; Bacon, Whipple & Co., Blair, Bonner & Co., Central Republic Co., Inc., and Paul H. Davis & Co., 3,750 shares each; Rlter & Co., 3,500 shares; Equitable Securities Corp. and Loewi & Co., 3,000 shares each; Baker, Weeks & Harden and Wells-Dickey Co., 2,500 shares each; Davis, Skaggs & Co., Farwell, Chapman & Co., The Illinois Co. of Chicago and Watling, Lerchen & Co., 2,250 shares each; Bankamerica Co., Jackson & Curtis, Singer, Deane & Scribner, William R. Staats Co. and Whiting, Weeks & Stubbs, Inc., 1,750 shares each; Bond & Goodwin, Inc., Robert Garrett\& Sons, Hill Brothers, W.'W: Lanahan & Co., O'Melveny-Wagenseller ^ Durst, Stein Bros. & Boyce and Stern Brothers & Co., 1,500 shares itach; Gatch & Co., Nashville Securities Co. and Stix & Co., 1,250 shar.es each; Alfred L. Baker & Co., Butcher & Sherrerd, Chace, Whiteside\<fc Co., Inc., Childs, Jeffries & Thorndike, Inc., Craigmyle, Rogers & Co., Crowell, Weedon & Co., Dominick & Dominick, Francis I. du Pont\& Co. and Chisholm and Chapman, Eastland, Douglass & Co., Elworthy & Co., Ferris, Exnicios & corporation office of the payment will be made on July 15, 1942, at the Operating tanks the on acres from underwriters follows: are.as Co., Co., the of shares feet. directly of the company at Victoria, British Columbia, Canada, upon the relative stock certificates.—V. 155, p. 2011. April 30— situated stock common names Co., Merrill Lynch, Pierce, Fenner & Beane,, F. S. and Dean Witter & Co., 12,000 shares each; Lee Hig10,000 shares; E. H. Rollins & Sons, Inc., 6,500 shares; Slocumb & Co., Estabrook &, Co. and Spencer Tvask & Co., & Brush, the largest surrender of Period End. is & & Freres McCormick capacity in space customers, Of registered on the books of the registrar at the City of Victoria, British Columbia, on or before June 23, 1942—which is the final date for the registration of transfers—the principal and interest of the said stock at a rate of $4.8666 to £1 sterling. The said and owns Y. facture. has given guaranteed stock maturing Columbia stock Secretary storage aggregate Company conditions governing the of ers terminal Dillon 5,500 limited a customers, more than 70% being food and beverage manufacturers. site of approximately two a an square and Off Stock— British 4J/2% company's on fee. They consist of over 30 buildings of one to seven stories, con¬ taining approximately 750,000 square feet of floor space, of which about 460,000 square feet are of fireproof construction. The remaining buildings are of brick and frame construction. Lane, pursuant to its guarantee of the said stock the payment thereof, it will pay to hold¬ that, 1942, 15, of Province the of this holders to July on of Government concentrate Properties—Company's works are located at 11 Bartlett St., Brooklyn, N. Y., on a site of approximately seven acres owned in medicinal, Pacific Great Eastern Ry.—To Pay to 6,000 over pharmaceutical, mercurials, The well to warehouse 155, p. 698. 1941.—V. 22, been Its executive offices are located in Dividend— share has been declared on per has years and Company the common value, payable July 17 to holders of record July 3. A of dividend many Creek, Brooklyn, N. Y., of which about one-third is below grade and is preesntly used for the disposal of chemical refuse. Oliver Farm Equipment Co.—50-Cent A 1941 Plants pump principal amount,"—V. 151, unredeemed the of percentage a amount, currently $950 per $1,000 original principal for its of underwritten Eberstadt Lazard of medicinal, A May -1, of Oklahoma Railway Co. 1st mtge 5s/41 is hereby rescinded and members are advised that under Section 7 of the National Uniform Practice Code these bonds should be quoted and 1942 F. products made to exacting standards of quality and involv¬ ing the solution of difficult manufacturing problems. Sales were made announces: notified been of District Western of Committee Practice Uniform National of amounts man, iodine mercury, shares Underwriters—The as .. Oklahoma Railway Co.—Ruling on Bonds— ; of stockholder. of number tion number new and bismuth. Its research in fermentation chemistry has resulted in the development of exclusive processes for the manufacture of organic acids of increasing importance to industry. think the financial and earnings power, and we appropriate to protect declarant's structure security restriction integrity and to safeguard its working capital.'—V. 155, p. 2370, 2461 salts the opinion, there¬ instant declaration further dividends from of a condition that no requires the imposition any of the largest issues of one stock to reach the market this year. common at least $475,000 of its debt. We are of that permitting the effectiveness of the - present, fore, offering represents FINANCIAL CHRONICLE or no par of 30 value, distribution similar cents per share has been declared on t the common payable Aug. 1 to holders of record July 10. A made on this issue on May 1, last, as com¬ was pared with 35 cents per share in each of the four and 45 cents on Feb. 1, 1941.—V. 155, p. 1844. preceding quarters, , r since 1941, due to enlarged demands on cash of company arising from the plant construction program, which required the expenditure in 1941 and the first four months of 1942 of approximately $1,500,000, from increases in accounts receivable and. inventories, and from the Sept. 30, purchase by the company at approximate book value of a substantial Philadelphia Rapid Transit Co.—Tenders— The' Lives & Granting Annuities, Philadelphia, Pa., until 3 p. m. on 5% collateral-' Pennsylvania Co. for Insurances on trustee, June 26 15th & offered Chestnut to receive Sts., * tenders for the sale to it of THE COMMERCIAL & FINANCIAL CHRONICLE 2462 V. Philadelphia & Reading Coal & Iron Co.—Omits Int. July bonds be 1, not be given the New ties and Philadelphia York and for of trust dated Jan. 2, of deed 1924, securing said a The the of Stock Exchanges and the U. S. Securi¬ appointment of Robert eastern G. division, announced.—V. 12 Mos. Ended May 31— 1942 $2,759,476 1941 1940 1939 $2,561,646 $2,459,922 $2,419,764 801,545 revenues— 700,068 693,436 667,215 (incl. maint.) Taxes was 154, McLaughlin, General head as metropolitan of the Manager 128,253 130,555 129,219 $1,871,344 $1,733,325 $1,635,931 $1,623,329 676,000 Total (net) ■/>' Interest charges™— Amort. oth. & Federal 538,781 33,622 11,776 payroll Common' stock Randolph, President and director of the Philadelphia National has been elected a directed of the Provident Company to com¬ plete the unexpired term of Joseph Wayne, Jr., deceased.. Mr. Randolph is also a director of the Brewster Aeronautical Corp. 191,951 99,915 and 94,435 257,552 251,212 245,056 240,033 $833,489 $614,774 $603,185 $601,362 i1, Bal. —V. avail, for the Midvale Public divs._ 155, p. 2098. Cost of Shipping, sell., admin, 1942 1941 1940 & Service Corp.—New 10,903,919 profit from Other oper. received : 9,221,739 7,190,935 Gas & $14,254,959 $10,415,846 92,525 99,465 $9,574,560 1,412,117 86,620 61,089 100,844 61,669 44,760 46,546 profit——— $14,448,329 $10,576,981 •Prov, $9,705,941 $8,519,753 paid for for Adj>; 36,407 add'l 104,485 107,596 64,698 408,138 comp._ foreign 489,344 530,695 473,029 as director of Northern a States duties Aug. 1.—V. 151, p. new three affiliates laws. It Power Co. June on 24 Fed. 5% 7,506 t6,211,217 12,622,483 1,594,924 1,417,435 year, stock, 4(4 % for $7,792,565 $7,360,669 $7,435,766 cumulat. conv. Dividend Shares will be court hear ■'To 5,214 83,806 276,971 79,710 stock. 4,469,928 4,464,327 4,370,897 *6,324,902 894,026 894,010 882,396 855,195 $8.14 $8.38 $7.34 — com. per and of employees, one^half stock common in accordance with authorization of share a of stock common for each of outstanding at close of business Nov. 1, 1938. Consolidated Balance Sheet, (Including wholly owned Assets—Demand deposits in March 31, in 1942, 1942 English subsidiary) Net Net net, $6,254,828; of $1,621,416), $3,614,170; good at cost, $67,835; total, $68,818,630. brands, Liabilities—Notes payable, banks, will, trade-marks and in defense their provision for taxes, additional accounts compensation, (Albert) Pick Co., Inc.—15-Cent Dividend— The directors have common stock, On 31, as Jan. $1, par last, declared 154, dividend a payable July distribution a compared with 15 cents 1941.—V. on of 22 20 of 15 to holders cents cents per of share record made was July 28, 1941, and 12 V2 cents on the July 8. issue, this on Jan. 20 on distance a of 5,639 Pittsburgh and Brewing Co.—Accumulated Dividend— have^declared the on April 22, 1941.—V. $3.50 last, and p. a dividend of $1 per share cumul. pref. 26. A stock, no similar May on 10, July 10, on account of value, par distribution 1316. 155, time 30 for replies. that are next side of Sept. 20 payable made was and Dec 24 by in both C. R. to 1 file its decision 155, Rand's, Pittsburgh not may be stock country and Egypt Communications, Inc. The pic¬ Atlantic. to New be The ' offered to holders on York and forwarded direct new Debentures dated are of the exchange basis of par of debentures. an ferred stock into than whole a Cairo, by radio service amount company's for the of¬ to and 12 Nov, 1, earnings 1956, of principal be to in made amount. cash of subsidiaries for sinking fund Pittsburgh Plate Glass Co.—New General ManagerFrank Clarke has been appointed" Genesal Manager of warehouses succeeding B. J. Cassady, who has resigned because of ill health after 44 years of service.—V. 155, p. 2285. Pittsburgh & Shawmut RR.- -EarningsMay— 1942 from Net during ry. $11,716 1939 $136,783 $26,703 44,559 $98,763 43,165 61,177 income- 32,032 46,234 •8,866 operat. From Jan. 1— Gross Net Net railway— 479,808 370,260 466,952 railway™.™ 178,983 155,458 149,538 •1,719 49,833 •Deficit.—V. 155, 95,278 •16,443 2098. p. of the orders of the Co.—Reorganized U. S. District Court fo^the Western District Pennsylvania, entered in proceedings for the reorganization the holders of the first mortgage fee 6% serial gold ordered 1932, and National on at or bonds of directed to surrender their bonds, with the of in its the 10 maturing interest coupons attached to First Pittsburgh, agent of the trustee of Point Buildins July 15, 1942, against before of delivery to each such certificate representing one share of the common stock of Point Building, Inc., with respect to each $100 in principal amount of bonds so surrendered, as provided in the amended plan of reorganization confirmed by the court on June 28, 1937 The of of court also Point their a provide that Building, bonds of Inc., Point Building, Inc., shall after this date of and bondholders claims who in have and not to so the stock exchanged Building Land Co. for common stock of Point determine after the July 15 1942 and Building, Inc. is authorized and directed not to cease Point all interest orders and make any further exchanges. The orders further provide that for all dividends and/or distributions set aside for such bondholders who have not, so exchanged their bonds for stock of Point Building Inc all liability of Point Building, Inc. to such bondholders shall cease" and determine after July 15, 1942.—V. 122, p. 1622. Poli-New The New / Trust Co., sufficient in excess The tenders will be opened at 11 a. of on treasury 23 * ^Portland Gas Light Co.—Accumulated Dividend directors have accumulations on declared the $6 a dividend cumulative ofjkSl at March 31, the par) March 1942, of shares authorized of of but its Co siderable NY thereof to trust in per share no and • Net Net preferred amount on the on dividend A like on the of 1703. four of of dividend four cents cents eight also was per, cents to July payable 15 paid on ///,////://'• also in Federal with will Rochester • , Gas its full common years.—V. voting Electric stock 155, Telephone taxes parent series C 61 pre¬ ..,/» expires. its on July 14, when Corp.—Earnings— 1941 1942—4 Mos.$1,921,340 f< $2,036,193 $82,337 4,288 3,505 \ 1,346.085 320,939 69,811 > 1,255,320 351,803 $96,244 54,135 69,622 •' > 279,474 - $382,258 $334,800 226,173 V.v. . . holdings of a voting This voting trust has rights on 1927. p. 345,246 88,077 lncome_i__ 1518. by allowing it to con-v the NV PA NJ thus effect a con¬ and 1942—Month—1941 $516,559 $488,095 899 1,101 rev.^ corporation concern, unit), /./> >. ; ■ > • . Gas & taxes p. reclassify Electric & recover expenses- 155, to income of those Gas revenues oper. voted /;/; . The move is expected to save the Rochester 10 y 19 7 C Corp.—Preferred Series 274,588- '•-/"" /-V, Rogers Diesel & Aircraft Corp.—New Name— Diesel Engine Corp. of New York, See The Cummins :• above, /; . : an holds now stock. reserved, are evidencing stock at equal-amount of current indebtedness. stock of such on the price, a < The the on June 24 declared a dividend of $1 per share on stock, and the regular quarterly dividend of $1.75 per 7% cumulative preferred stock, par $100, both payable directors common share the on holders of record April 15, last. to 15 and 15 July Like 1. amounts were paid on Payments on the common stock in 1941 were as follows: Jan. 15 and April 15, $1 each; July 15, $2.50; and Oct. 15, $1.—V. 155, p. 1317.: St. Lawrence Corp., Ltd.—Accumulated Dividend— The have directors account declared accumulations of payable July stock, 15 dividend a 4</e the on to of holders of 25 cents cumulative record share per class A on, preferred June430, A similar dis¬ tribution was made on this stock on Jan. 15 and April 15, last, and in each quarter during 1941/and in addition, a special of $1 was paid on Dec. 22, 1941.—V. 155, p. 1317; V. 154, p. 1496, 437. : , . St. Lawrence Paper Mills Co., Ltd.—75-Cent Dividend The the basis of $50 debentures of for each $50 par proceeds to be received by the company from this, source cannot be, estimated but,, as and to the extent received, such net proceeds will be added to working capital, to be used for the purchase of inventory the payment of accounts Offering to Holders of 8% of approval by the the company payable. a Stock—In the event 1942, the company proposes to offer to the holders of all of its outstanding shares of 8%' cumulative preferred stock to issue 6% sinking fund debentures in ex¬ on the basis on July 17, of $50 of debentures for each 10 shares ' The exchange from May Income Statement, 1, 1942. Years Ended March 31, 1942 (net) , p. for 1941 1940 taxes on expenses income: $1,879,397 and 1941. on Dec. April 15, last, A special cents 1,368,923 427,999 1,080,813 332,024 515,334 on stock, pay¬ distribution was as of compared with 50 $1.50 22, last year.—V. on account 155, p. of"^ 194. of on par per ' f-i i period End. Apr. 30— Oper revs, taurant, & -1941 1942—9 Mos.—1941 $1,782,954 436,240 1,374,520 83,620 85,675 250,737 14,098 37,952 41,032 $27,900 $22,843 $119,746 $155,49Q 1,535 2,330 6,992 7,371 $29,436 $25,173 $126,738 $162,862 $1,783,034 adminis. taxes__^— taxes $558,856 11,370 —— $552,606 429,715 gen. expenses estate 1942—3 Mos (rooms, res¬ beverages, telephone, etc.) — operat. 3,100 2,897 2,323 40,150 16,114 9,451 '$71,078 ' '$63,465 1 income__ Other income Net inc. Int. on before > 1,329,487 257,025 Int. depreciation- and Interest 4 , share per preferred similar A Savoy-Plaza, Inc.—Earnings- $1,472,473 1,570,675 Selling and administrative 15 18. on Depreciation mtge.- 34,875 35,000 104,708 bonds— 52,500 52,500 157,500 157,500 69,137 69,137 207,411 207,411 $127,076 $131,464 first income 105,000 account value, Net' profit .Li '$47,862 ' account of accumulation on the 5% cumula¬ $100, on April 27 to holders of record April 9,s share (not $3.96 as previously reported). An $1.25 had been made on Dec. 22, 1941.—V. 155, paid $4.04 to payment 1606. Net $2,200,337 sales Jan. during disbursed 75 of cumulative 1942 [Including Subsidiaries] of also dividend amounted Real Consolidated on quarter was tive preferred stock, Oper. in 8% Savannah & Atlanta Ry. Co.—Dividend Correction— of 8% cumulative preferred stock ($5 par). Such offer of exchange will expire at the close of business on Aug. 17, 1942. Stock¬ holders accepting such offer will be entitled to receive interest on the received dividend a the special meeting of stockholders of to be held for the purpose change for their shares each on to holders of record June this issue on cents accruals declared accumulations 15 initial - Cumulative Preferred stockholders at able July made have directors account of . preferred stock. State par • Royal Typewriter Co., Inc.—$1 Common Dividend— 90,010 shares Any of the debentures not so issued in exchange, together with the balance of approximately $15,000 of debentures, will be offered for sale for cash. The amount oL.net cash' Cost the on per share payment of Sales and both $2, par Electric income.- —V. *67,523 shares Approximately $335,000 of the remaining $350,000 of debentures are to be offered in exchange for the outstanding shares of 8 % cumulative, and A declared been dividend semi-annual extra p. June on $400,000 effect Operating July preferred warrants common A Arrearages as non-voting stock on the same basis as the series D a (Associated Rochester Jan. stock common has stocks extra an An & accounts NJ for been also purchased and purchase on class Outstanding cumulative purchase Gas stock in Operating , 8'U share July 20. record 1, last. May share per stock, saving in taxes. PA common manufacturers 70,000 shares fl70,000 shares unissued stock common holders its of a dividend of 15 cents per share on the payable July 1 to holders of record June 26, This, dividends of 14 cents each paid oh June 5 and Dec. 17, 154, p. 1703. Uncollectible oper. marks. company Federal prefSred stock, estimated an Falls, products reliable 1 and , per preferred Pitts¬ 1942; ($5 par) ™™_ 31, 530 exercise of Provision of trade cents 50 holders to non-voting 154, E preferreds. solidate Other Julv —V, *54, p. 1702. The ($1 ^ the redemp¬ m by company brands and $3 regular 1. July stockholders The Utilities , the corporate to exhaust $120,295.37 at prices not in Beaver in of declared the year.—V. ferred stock into during the period ending Dec. 31, 1945. Purpose—The gross proceeds to be received by the company from the sale of $150,000 of the debentures will be applied by the company to trustee, 100 Broadway N Y City, will until the close of business July 22, 1942, receive bids for the sale to it of first mortgage bonds, due Nov. 1, 1958, to an amount tion prices thereof. located are of cumulative shares, and series debentures England Theatres, Inc.—Tenders— York stock t79,990 shares bonds Feb subsequently Bank Co1 holder and as •Subsequent to of $3 company, Land stores Authorized rights Point Building Land were the for cumulative preferred stock against Under 13 drug stores nationally advertised prepared company's own Capitalization 8% 212,411 92,545 operat. income, ry. retail articles under-the Common from from other •8,372 34,340 The 1 Feb. on common record last Operating Greensburg, New Castle, McKees Rocks, and Ambridge, Pa.; Clarksburg/ Fairmont, Morgantown and Wheeling, W. Va,; East Liverpool and Ashtabula, Ohio, and Cumberland and Hagerstown, Md. Company sells many 1940 railway—™- from Net railway suburbs. through its 1941 . and $2 Aug. common Period End. April 30— at located are dividend a the Voting Rights Ended— the Company and Business—Company was incorporated In Pennsylvania 11, 1931. Company at the present time is engaged in the opera¬ tion of a chain of 23 retail drug stores (Including one operated by the subsidiary), 10 of which of 15, Rochester ; 1S56. burgh that date.—V. June to the on compares with last year.—V. principal amount thereof and accrued Int. thereon, plus a premium of 3%% if red. on or before May 1, 1944, a premium of 3Va% if red. after May 1, 1944 and on or before May 1, 1945, the premium decreasing (4 of 1% on May 2/ 1945 and on each May 2 thereafter to and including May company's wholly-owned paid have addition in American t,he preceeding March 31, (or)1 in debentures taken at and Redeemable 251o equal to its Dela¬ mortgage bonds of July 1, 1942, will not 155, p. 2098. money maturing Roan Antelope Copper Mines, Ltd.—15-Cent Dividend pre¬ / amount an the company and months ended on consecutive calendar payments in ,4,160,073 The directors have declared or inch net 5,946,866 4,832,731 Co., on on dividend and payable share July . after voting holders 1956. consolidated paid payable been directors share sinking fund) at option of company at any time part, on at least 30 days notice, at principal amount thereon, plus a premium of Vh'lo of principal on 7,257,182 6,510,324 (II. W.) Rickel & Co.—Extra Distribution— per pre¬ par has semi-annual The accrued Int. if red. 10.150,893 21,979,217 Richmond, Fredericksburg & Potomac RR.—$3 Div.—. A May 2, on 24,896,935 1, 1942, totaled $2 per share.—V. 155, p. 1416. common . before May 1, 1943, the premium decreasing V2 of 1943 and on each May 2 thereafter to and incl. May 2, Company has agreed to reimburse resident owners for any Pennsylvania personal property taxes not exceeding 8 mills per annum on the principal amount of the debentures upon proper application made within 60 days after payment of such tax. Sinking Fund payable on Nov. 1, 1943 and on each Nov, 1 there¬ 1% 30,429,941 will for in or thereof and 947,193 .• 30 to holders of record June 22. amount was paid on June 28 and Dec. 24/ last year, and latter date an extra of $2 was also paid.—V. 155, p. 2099. 1942; due May 1, 1957. Coupon de¬ bentures in denom. of $1,000, $500, $100 and $50, registerable as to principal only. Principal and interest payable at office of PeoplesPittsburgh Tru4 Co., Pittsburgh. Interest payable M&N. Redeemable' as 1,253,667 1,045,229 purchase RR. declared have value, par no obligations, 1, May be accumulations of amount like fering was made June 24 of a new issue of $150,000 of 6% sinking fund debentures, due May 1, 1957, at 100 and accrued interest. The offering is being made by Floyd D. Ckrf Co. of Chicago and Grubbs, Scott and Co. of Pittsburgh. Subsequently, $350,000 of the deben¬ ferred 1,542,217 Maturity— extension Reading will directors stock, 2012. p, Debentures Offered—Public — & extended but account this directions between the across Terminal * 1,552,978 Scheer, President, has announced that the' $534,000 5% River The miles. then 1939 $4,463,576 '■ .• Philadelphia be After that the court the year.—V. between A. 1— > 1940 $4,935,968 will greatly reduce the time of transmission and will make it possible for pictures of current happenings in the near East to reach the United delay, It is announced.—V. 155, p. 1844. 2, 16 * , service "... ' J the Government March Gross W. the States without such July 10 to holders of record June on the 1941 (C. A.) Reed Co.—Accumulated Dividend— pictures from Cairo had news their The directors June on London, the 547. p. accumulations their present when the Government until Oct. radiophoto will be handled (otherwise $8,000,000; payable, $3,storage, etc., $8,007,487; cumulative preferred stock ($100 par), $14,899,100; com¬ mon stock ($10 par), $7,284,260; capital surplus, $10,570,165; earned surplus, $16,632,920; total, $68,818,630.—V. 155, p. 2371. 424,698; to Jan. To Pay Bonds at E. of America—Radiophoto Service Opened Cairo, Egypt— direct tures will banks and cash on hand, $3,157,417; inventories, $53,143,338; invest¬ ments, at average cost (at market quotations, $576,779), $1,474,489; prepaid expenses and deferred charges to operations, $511,721; ad¬ vances to supplier, $468,750; other investments, at cost, $10,800; land, $115,283; buildings, machinery and equipment (less allowance for receivable, depreciation weeks Indications some : 2,317,720 railway.™' 39,834,427 from railway.™— 14,002,109 ry. oper. income.. - 7,388,921 and of share Note—Provision for depreciation amounted to $335,236 $384,663 in 1941, $333,467 in 1940, and $284,123 in 1939. accounts first opened was to at meeting of July 20, 1937. tlncludes $2,521,500 in 1942 $187,404 in 1941 for excess profits tax. tlncludes $2,597,950 stock dividend until Radio Corp. stockholders and give argument. down Heretofore, 633,231 officers arranged to oral handed tures outstdg.™ share,.™ on three $626,055' ■ $6,527,317 from Gross Between New York and pfd. cum. — com Earnings $6,551,297 pfd. divs A, ser. series dividends defendants brief and the defendants until Nov; The income Net the court adjourned until June 30 begin its rebuttal. / • 5,788 2,832 tax , inc. ry. From . 1908. rested " " *1942 railway.™ $8,402,588 railway.™—.- 3,033,755 oper. income™ 1,618,902 of May 34,128 deductions for Prov. took The case. ■ '.vV-/ , from Net exch. fluctuations Other 337,615 --4.——_J™_;_™ — from Inc.—Completes Case In Anti-Trust Law Suit Company and its The Interest .' 90,010' 2286. p. May— Corp., a subsidiary of Co., to relieve Mr. Crowley of various duties.' Electric resigned Pullman 6,268,622 income Total 155, Net against the Government's charge that they are violating the anti-trust Net Dividends (par $5) $1) (par '— Total —V. ware expenses 8,952 43,250 '"/Reading Co.—Earnings— *!/'<.' Engineering expects to assume his 1939 and gen. 5,826 income—^ on 698. d. Gross Mathews Mr. —$112,565,201 $87,352,065 $73,344,159 $64,238,661 87,406,322 67,714,480 56,578,663 49,557,921 sales Utility 155. Leo T. Crowley, President of Standard Gas & Electric Co., on June 19 announced that George C. Mathews, First Vice-President of Northern States Power Co. (Del.), has accepted an invitation to become associ-, ated with Public Utility Engineering & Service Standard Philip Morris & Co., Ltd., Inc. (& Subs.)—EarningsYears Ended March 31— Net sales—- Co.—V. Official— '.J _ $85,156. , - - Evan Retirement expenses (or depreciation) ,v J, taxes 8%' cumulative preferred stock , $626,055; — Provision for Federal and State taxes ;;; j /. !,•//. ' . .i*.—.™_,.—.™_,— ™ *1,383; "... - Bank, 11,499 135,000 tax 641,766 106,521 deducts. income ,.;i payable Accounts (Philadelphia)— _™_™ ; Accrued . earnings— 71,885: ._ . Liabilities— : ,, of 3,368: 676,000 - Net 460,152 __/ assets , „ 86,586 9,512' — —— Prepaid rent/insurance %nd taxes™ division 58. p. Provident Mutual Life Insurance Co. New Director— ,• ■ Philadelphia Suburban Water Co.—Earnings— Gross $79,755 „ (trade)-— — Accrued Operation , ' ' • assets Fixed division. company's also Other on June 18 announced the appointment of Cecil Assistant Vice President in charge of its commercial activi¬ Hitchen for the last four years has been general manager metropolitan The the as Mr. ties. bonds, 155, p. 2098, 2285. Sheet, March 31, 1942 , bapjtyyand on hand Accoun1*-,fece)Vable / company Hitchen company, Pennsylvana.—V. Balance . Exchange Commission, and, if deemed necessary by counsel to the U. S. District Court for the Eastern District the AssetsV- - Inventories 1942, on the refunding mortgage 5% sinking fund gold paid on the due date, and that notice of this action Central Hanover Bank & Trust Co., trustee of the and mortgage Consolidated , Cash In 1517. Postal Telegraph Cable Co.—Promotions— the to 155, p. voted that the interest aggregating $610,296 The directors on June 11 due Monday, June 29, 1942 V payable July 15 to holders of record July 1. A similar distribuiton has been made each quarter since and including Jan. 15, 1940. Arrearages as at April 15, 1942, were said to amount to $13.25 per share.— gold bonds of 1957 to an amount sufficient to exhaust $107,025.97, at prices not to exceed 105 and interest.—V. 155, p. 366. Net loss I i $342,8821 1; $307)050 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4085' Volume 155 Balance 1042 Sheet, April 30, Southern Pacific Co.—Earnings— . (less reserve for doubtful accounts receivable Assets—Cash, $209,894; Gross balances Net railway.' 1941 ' income. 1939 tion from from Net receivable, ry. 128,273,823 railway railway operat. 82,572,686 26,101,445 16,031,439 44,789,641 income. 23,260,643 65,164,169 4 ,457,946 1942—Month—1941 " 1942—5 Mos. existence 1941 Ry. , , operating expenses Scruggs-Vandervoort-Barney, Inc.—25-Cent Dividend directors have declared The like A Railway par Equip, amount was latter date an Jt. Jones G. been ha's Douglas Leard,-Assistant to the Receivers; F. C. Cheney, VicePresident; J. C. Wroton, General Manager; H. A. Benton, Executive ceivers; General 7,737,782 1,615,342 58,696,101 20,989,174 1,083,273 7,142,805 (Dr) 86,539 13,872 411,656 "5,062,446 276,639 1 33,730,804 * Fla.—V. 155, 2372. p. Southern 5,025,295 Ry.—Earnings— ' ■ : Traffic Selby Shoe Co.—65-Cent Year-End Dividend— share, the on —V. declared a year-end dividend of 65 cents per stock, no par value,s*payable July 6 to holders directors, have The. common June each.—V. cents This 25. 153, compares 252.'. p. with X-V; dividend Uncollectible Operating : with 60 Dec, on 40 cents July .15 Net —V. per oper. National Bank, Operating 155, tire, after -V. 15 and $198,881 Income u-i- stock, 1941 were 25 and Dec. cents 825,636 722,846 $56,505 $622,842 15, 10 cents 50 cents—V. to 1 holders of record 1, revenue Operating Federal Fed. Net 155, Gross dividend income Dividends $5,151,914 a Net ry. 57,393 10,200 309,346 37,718 31,250 451,791 375,000 $78,057 $85,356 $1,106,632 55,338 53,124 646,105 $1,066,591 656,412 per share 1941.—v.. 152, paid on 14,287 171,438 171,438 $289,088 $238,741 last, on Period End. April 30— 1942—Month—1941 $8,256,990 revenues.... Uncollectible oper; rev.i- Jan. 2 and .« . expenses.... Operating taxes.l..: July .... 21,025,148 17,954,588 5,806,297 5,090,145 $1,383,361 $1,300,888 $5,430,417 $5,198,401 1,024,023 4,440,466 General $420,791 — expenses..'.. ■i 1942—12 Mos.- -1941 $5,144,269 $4,806,550 153,779 1,975,091 1,830,199 49,723 50,466 586,904 Federal .income. taxes.. 48.255 37,400 464,079 Fed. 36,291 19,300 349,883 150,323 taxes. Provision for depr. amortization Gross - Net etc., f... Dividends on Amortizat. stock V' ' 666,078 $98,846 $1,102,233 $1,173,651 32,393 364,293 is It fund $66,453 $737,941 $785,123 stock 34,358 412,296 34,358 - 10,848 $14,426 _u_ to Period End. April 30— Operating expenses.. Operating $21,246 1942—Month—19<i $2,098,951 income —V. 155, p. 451,404 $8,195,688 5,000 $7,215,174 5,500 1,213,003 19,000 5,352,132 300,202 1,320,684 4,674,020 1,164,246 $384,101 $344,225 $1,517,372 $1,357,908. 252,555 1,102,217 993,161 on declared the $6 a dividend cumul. pref. of A $1 per stock, share par on account $10, payable 1 to holders of record June 20. This compares with 50 cents per share paid on April 1, last, and on April 1, July 1, Oct. 1 and Dec 15 1941. Accruals on this issue at April 2, • 1942, amounted to $18 75 per share.—V, 155, p. 926.,« h July it by the market quotation. securities of "No says: Standard useful purpose merglyia was Gas are the liquida¬ would purpose not was of be to compromising of means iriVestiftent bankers of Including group, for the who fighting were sale system. who contest the of Standard profits companies Gas from the in stock common became en¬ eventual the manage¬ the right to also reap issues subsequently as bankers, The Gas. and would security this which, Standard substantial voice in subsidiaries, future In prices its of a bankers of different investment control and investment at initial Power's but groups struggle brought it had apparent, 155, 1606. p. , 2; Signal Co.—50-Cent Dividend— of 50 with $2 cents payable $25, par $2.50 Dec. on share has been declared per July 30, 2 1940, holders to share per paid of record on Dec. 30, cents and 50 % 484 *6,560 105,290 301,862 11,904 21,445 25 follows: as 1 has on June the on June last; capital 26. 50 This cents 1940.—V. 28, on 154, "■ ■ ' Jan. Swift & share has been declared per to nolders Jan. 15 12% 15, of and the on common record July 3. A similar jlia-. 15, last. Payments in 1941 April 15, July 15 and Oct. 15, April cents; a year-end of 50 cents.—V. 155, p. 2373. Co.—New General Counsel- Edgar B. Kixmiller, attorney, of Bicknell, Ind., has been appointed the late Henry Veeder.—V. 155, p. 2373, an succeed Tampa Electric Co. —Earnings— w. , 15 on each, and Dec. 23, General Counsel to Treasurer, cents July made was cents 49,590 of payable were 25 298,174 53,757 dividend stock, Period End. May 31-r- Operating revenues .• 1942—Month—1941 1942—12 $525,217 $480,557 $6,196,538 392,593 305,701 4,474,211 3,424,843 $132,624 $174,856 $1,722,326 $1,967,505 ___ , Total oper. rev. been designated as Senior ViceVice-President in charge of distribu¬ Van M. Kirk, a and Mos.—1941 ;- $5,392,348 deducts, taxes1 Other that 30, the 1942, trustees after have will sufficient a hand on amount in has the been income Retire, aside set Inc. _______ income- oper. Gross sinking interest, $5,393.40 to purchase 4V2% serial bonds 1929, tendered at the lowest price obtainable, not ex¬ value plus accrued interest. Tenders for the sale of these will be received: corporate a. 1942, Gas totaled at the trustee, m. (net)— 195 reserve 2,396 2,358 $175,157 $1,724,723 $1,969,863 35,833 35,833 430,000 430,000 713 677 8,037 11,284 $96,272 $138,647 $1,286,685 $1,528,578 '• accruals deducts., 301 $132,819 __ Income interest- National Baronne Bank of Commerce Common & Sts., in New •«foet income Preferred New Common Orleans, July 1. on of and the —V. public Electric 154,484,000 corresponding Co, kwh. week as last Co.—Weekly Output— : _____ dividends 70,000 70,000 1,075,959 dividends 155, 1,207,454 2373. p. compared year, with 140,273,000 increase an of have declared three of-accumulations on able July and Dec. 1 made Dec. 1, Oct. 24, of 20, accumulations par for $100, amounted $7 27, last 155, p. account at as A distribution payments April 1, $1.75 share per on amounted $19.25 to share.— per 1519. the of cumulative holders to of record to as on account preferred 20. June Dec. on share convertible 23, last. Arrearages $28 per share.—V. 155, p. 2191. ore President, vitally needed of with before ever broken were regularity company." May, one of "In also was April 1, July 1, Oct. 1 and made during 1940. were 1942, of paid 30 Gregg, smashed 7% April 1, last, and No year. Arrearages V. and on June Dividend— dividend of $3.50 per a 7% Jan. at stock, This 2, com¬ 1942, Tennessee Coal, Iron & RR. Co.—New Records— Robert cumulative preferred stock, par $100, pay¬ Dec. 28 to holders of record June 26, Sept. 25 on Ry.—Accumulated the on payable with pares 155, ductions respectively. this issue on the dividends of $1.75 each Central The directors have declared the kwh. 10.1%.—V. Tennesse * utility operating companies in system for the week ended June 2373. p. the 19 and raw mines ore produced in the June on announced finished through team-work of by alone that "record materials men produced and more than it," Mr. Gregg said, "while of dolomite and limestone. production pro¬ being are management Ewice all the records "One group of blast furnaces, with its capacity augmented by the addition of a modern pig iron maker, broke all previous records pig iron which, in turn, enabled the open hearth furnaces to break steel-making records."—V. 155, p. 2101. recent for Standard Oil Co. -Claims of Stockholders Up- (Neb.) held— Texas Electric Service District Judge Francis Dineen at Omaha, Neb., has in $1,465,180 the as old Standard result a the in 1939 for sale.—V. of Oil the Co. (Neb.) company's sale held to Standard of Period End. May 31- that stock¬ entitled are recover Oil Co. of Operating Total Standard Holding which 149, p. the of & Light Corp.- -Dissolution Ordered parent five unnecessarily and Net operat. Other Exchange on out of nine of Commission income Standard Gas & Electric 1,610 5,677 20,942 18,350 $208,697 $244,817 $2,745,652 $2,934,421 145,474 143,343 1,727,666 1,720,171 $63,223 $101,474 $1,017,986 $1,214,250 Dividends Balance the corporate, June 19 structure, ordered that the Securities Standard the —V. under Section 11 (B) Commission more than quality corporate a to elect looking to (2) pref. stock 375,678 375,678 $838,572 period The , the board of its subsidiary, Standard Gas, record to left Standard Power subject to that Standard Po#er shall proceed of the Holding Company Act. ordered that with before the order the of St. The company liquidation it anv shall 18. This Ry.—$2.50 Preferred Dividend— declared stock, was a par dividend $100, of 2V2% on payable June 30 the 5%; non- holders of to disclosed in an order filed in Federal Court Louis. Missouri Pacific RR. owns 237,030 shares of this stock and will proceeds from the dividend. by the Missouri Pacific RR. is pledged as col¬ lateral under Missouri Pacific's first and refunding mortgage. An order signed by Federal Judge George H. Moore authorized that the funds The $592,575 stock received takes have preferred June receive . ordered compliance directors cumulative is 2191. p. least in also 155, at liquidation further to Texas & Pacific Commission. Commission for $642,308 applicable Power said. of manner income Co. diligence to submit to the Commission a plan for Its prompt liquidation and the termination of its existence. Action was taken The (net) income is part of a holding company system holding companies, and that it unduly with due steps 6,189,323 and of complicates Commission of company tiers Viewed realistically, Standard Power is no shell, holding blocks of securities sufficient in The $2,916,071 $2,724,710 Interest liquidated and its'existence terminated. by $239,140 $207,087 $9,105,394 3572. useful function consists approval 1942—12 Mos.—1941 $776,909 $10,464,726 537,769 7,740,016 647,554 Net and The deduct. revenues rev. - that no $854,641 $2,824,552. Power by SEC— performs Co.—Earnings- 1942—Month—1941 revenues oper. Gross four directors have as Philadelphia company. the Gas tribution • 339,768 79,784 35,778 Standard Gas and Electric ing 1519. accumulations 10,287 . director. a Electric; output the of 1,910 $242,647 277,884 directors 1939 $52,884 9,512 $228,834 Southwest Natural Gas Go.—Accumulated Dividend— The the it 2, par Standard be oper. to senior Commission company the dividend A 1940 $70,021 19,662 The ruling was given in the suit brought by Edward H. Rettinger, Omaha, former assistant treasurer of the Nebraska company, challeng¬ ,1,375,225 income pre¬ company Superheater Co.—25-Cent Dividend— 130,181 338,125 ... attributed the 1731.,; p. accrued Jan. La., up to 11 1942—4 Mos.—1941 $1,862,4? 1,500 taxes Net A 2099. p. Staples, June on cover ceeding ; revenues^... Uncollectible oper. rev the than more the of question, members of the contesting groups."—V. stock, on 96,810 . 155, p. 2372. Operating Net were Indiana Southern New England Telephone Co.—Earnings— ' made A similar 412,296 • of. preferred . of Standard Submarine Squibb & Sons—New Director, Etc.— elected ' expense... the stock, common $84,300 , 43,686 income. announced dated 388,528 $48,784 serious assets relation to underlying assets and earning power, but merely represented cost of control, the benefits of which accrued almost solely Redmond,... of the law firm of Carter, Ledyard & Milburn, N. holders pfd. the on this that Utility 627,611 19,568 _______ Balance —V. 54,918 $68,jfe2 > income 590,717 , 62,262 deducts.. also the of preference $4,000,000 over p..2287. and income Interest, liquidating is little ^ 1941 $116,157 164,583 C. 434,050 profits share per •••''" •'* 155, The directors $414,708 . 155,908 taxes exc. cents 58,057 and —Earnings— 1942—Month—1941 31— revenues.-. Operating of bought was the two the underwriting Standard National Corp.—Accumulated Dividends— Southern Indiana Gas & Electric Co. Gross 75 ;• 155, 1519. Period Ended May is value some contest 4,123,179 ie_ the 1941, practically all , holders of record July 3. and April 15 of this year. to 15 railway.... L. been bonds Co.—Earnings 1,143,048 . 15 income. operat. John the income.— that of subsidiaries another nominate 5,238,146 of President . 1,501,793 together constitute 1942—4 Mos.—1941 4,675,120 1,255,215 5,343,928 p. 6,679,434 5,289,583 Jan, that a of ment 134,127 21,417,335 6,951,236 1,358,501 on made tion.—V. $7,257,665 $32,370,459 $28,349,606 26,442 108,597 ,106,472 27,908 - Operating jr. 142,789 24,246,727 $6,459,722 railway Orleans, Telephone & Telegraph which reviewing again the unfortunate history of Standard to refer to the Federal Trader-Commission and our findings and opinion in H.-M^-B'/llesby b Co.. its in outcome $37,736,544 $34,690,618 Standard Club of Atlanta, Ga.—Tenders— and and the invest¬ the Commission points out, plus cash, Power.- between "Later, 33,423 , J v „V/- to battle gaged 1,716,986 1942 (E. R.) $410,179 $460,526 $17,946 2, the on account sufficient for control of 1942—4 Mos.—1941 share has been declared railway. from Roland has Jan. be $134,336,911, However, paid surplus our is show service a 5,503,082 . which y $6,395,792 _ payments ♦Deficit.—V. (Georgia)—Smaller Dividend— 275. p. Southern Bell Operating J" - by It investigations Aug. $1,633,386 _ $1 per operat. 64,900 taxes.' . 15, Co.—Earnings— 35,421 railway.. from dividend of $2 per share has been declared on the capital stock, $100, payable July 1 to holders of record June 17. This compares $2.50 ry. Net 14,287 out cash that com¬ distributions . $9,906,673 From Jan. 1— 177,548 South Western RR* A Net 524,081 155, p. 2372. with $9,666,989 the on Cash and on May 1736. p. . 242,234 • of was from from 566,983 '' par dividend 30. 1941, served Power. July 14,700 $8,442 to been 1939. There conclusion 1941, '44,585 ' be 15, April 48,285 $32,232 the Standard its 15, July 15 and Oct. 15, 1941, while on Dec. 20, year-end dividend of 25 cents was paid.—V. 155, p. 1519. Jan. Net 1,989,637 $22,723" prices. have capital a which constitute additional complications confronting of compares on $4,197,757 2,474,923 __________ contains stated was Dec. .31, 1942. with issue Gross 1942—12 Mos.—1941 184,029 - of dividends no sheet have not covered the liquidating preference of the value observe this 30,636 Balance —V. Gas, Spokane International Ry.—Earnings— $370,119 pfd. stock on May 15, 1942—Month—1941 value, payable July par taxes.. deducts., that and deprec... etc., time that says opinion points out also that Standard Power is a defendant in two actions brought by Daniel O. Hastings, special trustee for Standard 1927. Quarterly 212,505 income Interest, stock record June 1,775,131 income... p. This June 22. $464,605 . and counsel present '"V The to w-—— for 151, 10% a of on rev,. inconv)..~__— Gross profits exc. Provision Net , income 1940.—V. oper. oper. distribution cents regular and 25 cents extra; 1317. • : 1942-Month—1941' 31— expenses—L, taxes paid made taxes— May— Gross 15 holders expenses..6,223,051 no 25 155, p. 1941, at cost since as 31, Standard South Carolina Power Co.—EarningsPeriod Ended May General $155,176 $710,555 paid 011 March'31, last, Distributions during March 31, 25 cents; July 1, 25 cents regular Oct. extra; cents 20, to were revenues.:—. the common share has been declared on per July follows: as $111,935 Spicer Mfg. Co.—$1 Common Dividend—• payable with compares $4, each Dec. June on par cents Net 63,342 $30,859 25 $5, par $40,614 Operating Sonoco Products Co.—25-Cent Dividend— of 78,075 Operating A dividend 1,300 329,695 101,054 Southwestern Bell Telephone ■. 39,041 asset tion Period End. April 30— 155, p. 2286. A 2,400 385,246 19,625 1846. p. company six —V. Net 400 85,251 $28,066 income.— stock, of v 12 Mos.—1941 1942 $2,589,557 $2'360,037 re- accruals reserve 600 25,320 Southwestern Engineering Co.—Stock Dividend— The Co.r—Earnings— $203,961 the at by Standard .Power, but we do not here determine the rank or participation which Standard Power's holdings in Standard Gas securi¬ ties should take in a reorganization of Standard Gas as against those securities held by the public," the Commission said. $564,246 successor trustee, 1942—Month—1941 reevnues income Gross Power 31— Commission points market "We ; oper. Uncollect.ble Pacific that owned 97,606 rev.. taxes....... Operating Sierra 76,834,209 $600,635 unduly adds, whether the common stock of Standard Gas will be accorded any value in the eventual reorganization of that company, and therefore is doubtful whether the stock held by Standard Power should be considered as 1942—4 Mos.—1941 $145,890 stock March In Portland," Me., will until noon on July 1 receive bids for the sale to it of first mortgoge 4% bonds, series B, due Oct, 1, 1961, to an amount sufficient to exhaust $7,464 held in the sinking fund.—-V. 155, p. 1846. • ,;"V Period End. May of to mon First' Portland - Power • Shenango Valley Water Co.—Tenders— The 3,502,800 105,735,789 $151,594 31, carried stock current $ expenses Operating ; 1 !" fy ' share has been declared on "the common holders of record July 3. This compares cents paid on Dec: 19, last; 40 cents on July 21, 1941; 75 cents 20, 1940, and 25 cents on July 16,, 1940.—V. 155, p. 2013. of payable $ , 1941 $ 1942—Month—1941 Operating-; revenues..__ ■ A ferred —Jan. 1 to June 14-r-r1942 4,779,434 Period End. April 30— Shell Union Oil Corp.—40-Cent Dividend— stock, Dec. The. opinion > 1941 admitted balance company's on - 2372. p. the almost all the assets, / 1942 earnings 155, Standard and should be eliminated, purpose have investments at market values, an quarterly dividend of a findings are the Southwestern Associated Telephone €0.—Earnings- 12y2 cents paid on March,14 and on June 5, last. Payments in 1941 were as follows: March 5. and Jurie 5, quarterlies' of 12W cents each*, July 5, a year-end of 50 cents, and Sept. 5 arid Dec. 5, quarterlies of 12 V2 record of is which, other or useful no respondent ments debt, of so. The opinion points out that preferred stock since 1934. 20,587,016 30,152,465 Week Ended June 14 , . Period—7 , , serves The $ City, • ■*, operat¬ J.....6,733,041 structure Standard Power owns no property. Its investments as of Dec. 31, 1941, consisting of Standard Gas, Standard Gas subsidiaries and other miscellaneous holding, had an aggregate market value as of March 31, 1942, of $1,205,590. 7,804,703 1,504,424 income it preferred Agent; W. J. Hock, Assistant to Chief Freight Traffic Officer; Assistant General Freight Agent; G. R. Ward, Jr., Express .Manager, and L. E. Morgan as District Freight Agent, Plant W. E. Rachels, Traffic 13,053,557 4,729,553 railway ing is ♦Before provision for interest charges on outstanding non-operating income items.—V. 155, p. 2372. the Re¬ to Executive Assistant promoted, to the (Dr) facil. rents, net Seaboard Air Line Ry.—Promotions— W. for 74 876,831 In —.— (net) rents '"Net 103,557,995 accruals.. tax , that 16,250,494 $ fror railway operation the dividend of 25 cents per share on a $5, payable July 15 to holders of record June 19. paid on July 15 and Dec. 27, last year, arid on the extra of 25 cents was also disbursed.—V. 154, p. 1058. stock, common Net revs, 162,254,036 108 ,607,635 $ corporate public utilities division have stated that Standard Power is unnecessary, $ 23,988,276 this 1417. p. $ - revenues and unnecessarily complicate and unfairly and inequitably distribute voting power among security holders of the Standard Power Holding Co. system. In its findings and opinion the Commission says that counsel for the the 34,933,852 21,880,295 ' operating - its and Earnings of Transportation System Ry. in that alleged ago, tinued * Period End. May 31— determines. so original action, instituted more than two Standard Power is a holding company with respect to Standard Gas & Electric Co.," which latter company has subsidiary companies which are holding companies, and that the con¬ 13 ,524,923 4,914,724 it Commission years 60 ,717,990 14,471,631 if The From Jan. 1—« Net such proposed steps to the Commission for appropriate action. The Commission also reserved the right to propose a plan of liquida¬ . 1940 $27,447,372 $18,486,126 $14,010,038 $13 ,441,846 9,677,673 5,984,560 3,654,649 3 ,562,753 4,992,850 3,873,938 ' 1,669,509 ,600,793 railway operat. ry. Gross payable, accounts in from Net. from $55,435; accrued expenses, $43,092; $16,111; cumulative interest at 3% on income bonds, $1,172,500; reserve for repairs and maintenance, $3,168; funded debt, $9,790,000; class A common stock ($1 P&Pi $82,050; class B common stock ($1 par), $27,350; capital surplus, $4,769,901; earned surplus (deficit), $2,*»47,ti04; total, $13,612,003.—V. 155, Liabilities—Accounts credit 1942 May— (at cost), $98,137; other inventories, $63,131; prepaid expenses, $69,999; interest reserve fund, $9,406; miscellaneous investments (nominal value), $1; land, $5,617,500; building, furniture and equipment (less reserves for depreciation, $1,521,018), $7,444,514; total, $13,612,003. accounts, $17,181), $99,421; inventories of food and beverages 2463 submit New from York further as Court as owned the dividend be paid to the Manufacturers Trust of corporate trustee under the mortgage, to be held pending order. ■ . _ v. . ''vr'»a*w THE COMMERCIAL & FINANCIAL CHRONICLE 2464 Results For Month And Five Months Ended May 31 1942—Month—>-1941 Period End. May 31—-1 Operating revenues Operating expenses Railway tax accruals.j. Equip, rentals (net)™.. Jt. facil. rentals (net).:. 2,373,024 ™. Net ry, Total ™™™i, charges Net 318,399 ™ 320,849 1,594,325 A dividend $1,914,613 1941, June made was on this issue on ''soundly hole" declared initial an 1941.—V. 153, p. 411. corporation, had 164,079 common stockholders of record of 20, against 163,954 three months before, and 69,359 preferred on May 1, compared with 69,214 on Jan. 30.—V. 155, May cents per 1 ;■-■■ ■,;. ■; . - Webster & Blodget, and Inc., books have been closed. 155, p. 2375. scription of associates, 1957, who recently that sub¬ $582,083 2,409 410,398 56,038 $609,141 2,725 Operating Operating Wabash RR. of Price restrictions remain in effect, 460,219 63,754 expenses—. taxes Net Net income $82,443 —V, 41,852 the on 0% holders of record June last 19. stock, At 116,607 1, made Total operat.1 Total oper. and $4,186,057 15,139 operat. revenues. Other income , 12,537,011 RR. Interest and (net).... income Gross ; to (net) other v:;"-,,; 41,811,360 $4,201,196 public V/: deductions 970,670 9,429,911 18,435 258,650 $3,535,326 $il,230,751 v* - ; i,033,107 3,874,120 $8,933,051 $3,230,526 ™4— divs. to $2,502,219 of 826 ■ Atkinson, 1941 earnings by applicable minority . Listing of New Securities 57,419 -Balance $3,173,107 taxes securities $2,475,643 $7,145,754 ■■ The 1942—12 Mos.—1941 f 9,472,328 2,904,476 The oper. nat. revs., value, $769,117 (net).... $791,968 $984,816 $808,654 1,747,426 ./'gas ' Other income 1,384,998 8,282,692 6,743,452 payable July tribution were income Gross — $2,516,543 955,715 $2,176,966 $9,267,503 1,038,397 3,822,383 on Stock Exchange— leaf binding yAy ^ suspended from dealing on $1,138,569 $5,445,125 $3,643,874 155, p. 2376. United Gas Improvement Co.—Weekly Output— '"/f; electric output for the U. G. I. system companies for the week June 20, 1942, amounted to 114.066,380 kwh., as against 102,693,032 kwh. in the same week last year, or an increase of 11,373,348 The ended the of the York has been ap¬ preferred stocks.—V. 155. City of New and common declared kwh., 15 on dividend of receipts for ordinary , , The company's United Specialties Co.—Resume Dividend— declared have dividend of 15 cents been extra..-- D. "In a per s./y>:'Y'/Y-/■"/,//>-^-.--'//'V'.'i''/:V" To Discontinue M. Quarterly Earnings Reports— y Harrison, Executive Vice-President, on June 23, stated; view of the fact that we have been requested by certain War Departments to refrain from making public quarterly financial reports, we shall, for the time being at least, withhold them. A little later, after we have had time to ascertain just what the limits are with respect to financial and operating publicity, we shall Issue such data as we are permitted to give out." '//■;;/.'•/■ ;:\/V.y: on A. Vander Assistant Secretary and Assistant Treasurer, suc¬ as Secretary and Treasurer. Hazel A. Eberle has formerly Harrison Mr. been elected Assistant Treasurer,-+rV. 155, p. 1520. a dividend of $1 per share on the stock, payable July 15 to holders of record June 27. The com¬ "this is not to be considered as establishing a regular dividend rate." A like amount Was disbursed on the common shares on Jan. 15 and April 15 of this year. Dividends of $1 each were also pany states that paid on April 15, July 15, Oct. 15 and Dec. 24, 1941. The directors also declared the regular quarterly dividend of 1% % (87 Va cents per share) on the preferred stock, payable July 15 to holders of record June 27. 1 .. ♦Gross " earnings for Reserve . Consolidated Earnings for First Five Months ■': 1942 ■ 1941 — —— —„™ depreciation, depletion and amort. foreign Federal taxes on income Domestic and /■Net earnings Preferred dividend plan for extension of its first mortgage 6% been deposited, made Trust Co., $0% that of sinking mon: ;—. requirements——™. $3,037,135 578,798 782,036 $1,676,301 ^682,424 $2,725,464 723,548 454,141 $1,547,775 ♦After taxes on ■. $993,877 $865,351 $1.88 $1.64 — deducting all charges except" domestic and foreign Federal income and provision lor reserves for depreciation, depletion Note.—In the foregoing estimate United States taxes on income have for the five months of 1942, compared with 247c Total Other . 19_ $3,832,000 4,127,000 3,319,000 $1,106,000 $513,000 33,000'' 33,000 income deductions Provision for Federal taxes on incoihe (est.) . $1,139,000, $546,000 129.000 ■ 94,000 576,000 109,000 surplus, $343,000 $434,000 - beginning of fiscal year. 599,000 459,000 $1,033,000 $802,000 promptly for the stamping the of the bonds, removal and Assets— gage 6% sinking fund bonds from April 1, 1944, to April 1, 1951, at the.present 6% effective annual interest rate. bondholders unpaid interest ance of the paid on $90 account of deferred on deferred unpaid interest, amounting to of 1% based on available for diviednds.—V. company in cash each $1,000 bond and in subsequent years the bal¬ multiples In will receive the event the plan becomes In 201o 155, p. of another $90, will net earnings of the American Association, has been elected • U. S. Treasury tax notes Accounts and notes receivable Inventories Notes receivable (non-current, 15,000 less :// 10,000 and ;;/-'"accounts employees' notes and on Lloyd, Secretary, June 17, announced the company's general mortgage J income bonds for the six 1942, is at the rate of SVz% bonds outstanding. be mailed on principal amount of Aug. 1, 1942, by the Central York, paying agent, 1942.—V, 155, p. 271. to , Washington Water Power Co.—Earnings— Period End. May 31— Operating revenues Total oper. rev. deduct. on iXl'y' 1,157,000 241,000 241,000 41,000 27,000 9,000 11,000 11,000 $5,010,000 $4,464,000 . payable and accruals™™ Provision for Fed. taxes on 1942—Month—1941 ■' 1942—12 Mos.—1941 $935,434 $886,172 $11,553,781 $11,404,349 713,023 662,961 8,816,499 8,077,558 $222,411 1,534 $223,211 $2,737,282 $3,326,791 2,421 40,912 36,782 $225,632 $2,778,194 70.088, 865,308 $3,363,573 971,623 $1,912,886 622,518 $2,391,950 622,518 $1,290,368 (net)„___ 591,000 etc., deducts- $1,769,432 71,008 . 151,000 (2,963,000 Total.$5,010,000 $4,464,000 surplus —™: : —-- 490,000 599,000 income $152,937 $155,544 -y! i5n57^2376p""-"^7r"T-"T; 111,000 531,000 $4,278,000 May 31, 1941, respectively, have been deducted at stated value of, per share from issued stock without par value.—V. 155/1 $10,997 p. 1848. ^ ; « . The directors common $1.50 stock, Co.—$1 Dividend recently declared a dividend of $1 per share on the 26 to holders of record June 18. This payable June with $2 <^i Jan. 31, paid on March 27, last, $4 on Oct. 31, 1941, ana 1940.—V. 154, p. 800. Worcester Suburban Electric Co.—75-Cent Net Dividends applicable to pref. stock for period™ $183,000 (2.964,000 489.0UO; ♦After depreciation of $2,038,000 In May, 1942; $1,981,000 in. August, 1941, and $1,960,000 in May, 1941. (3,400 shares and 3,300 shares, of common stock without par value held in the treasury at Aug, 31, 1941, compares Interest, $26i,000 $229,000 income 2,653,000 771,000 766,000 Earned $4,278,000 ^ Capital stock ($10 par)™_— Capital surplus and , $223,945 operat; revenues^ 30,000 1,144,000 Wiiichendon Electric Light & Power Net Other income /, Checks will of record July 18, vy;/y•. . ; 1,123,000 ;,// ■ 241,000 35,000 less amortization Patents, Hanover Bank & Trust Co. the bondholders / 25,000 -19,000 :f.;;26,000 : (excluding idle Accounts the interest that 10,000 • / •, ♦Plant & equipment 479,000 1,455,000 14,000 155, the .$8,936,500 New —™'-_ : reserve) Officers' 862,000 1,423,000 15,000 1,595,000 ™— Investments —- months fiscal period ended April 30, of 468,000 Total Humphrey $1.27 (less reserve) ::,™™—867,000 1422. declared 531.000 $1.63 May 31,'42 Aug. 31, *41 May 31, '41 ; ; $628,000 $691,000 $839,000 . Cash: plant, less reserves for depreciation and loss on disposal™ Deferred charges director.—V. a ,271,000 766,000 ' Idle Perry, President of the Western Newspaper Union and the Press 267,000 v v plant) 2103. Warren Foundry & Pipe Corp.—New Director— H. . : maturity date of the first mort¬ :/ Comparative Balance Sheet replacement of the appropriate coupons thereon, and the payment The plan calls for extension of the p. surplus; Dividends paid in cash_i__. Earned surplus, since Aug. 31, 1932Earnings per common share.™..... Arrangements will then of the sum of $90 in cash for each bond as aforesaid." be .Total have and amortization. been figured at 40% 81 $5,233,000 income Earned 682,424 share on 528,765 shareY of com-, outstanding———————-.. • stock Ended May profit from operations and the consequent outstanding bonds the to declare the plan in effect. 1 Balance For Nine Months of goods sold and expenses—. Net the definite intention of the board of directors of the it is Gross income Earnings per plant expects to get into war sub-contract. These contracts will a - Liabilities— The directors on June 18 declared Estimated sales Cost Receiving Wide Approval Washington Properties, Inc.—Interest Payment— 1 Elizabeth The 1942 Net > United States Smelting, Refining & Mining Co. — $1 Common Dividend—Earnings for First Five Months— common a part of its Chicago plant and equipment for of "other ordnance items, also under .'prtme contracts Government. Income Account immediately upon notice from its agent and custodian, Fidel¬ ity-Philadelphia Changes in Personnel— ceeds that John M, D, Harrison has been elected Executive Vice-President. Meulen, holders converting the "In order to remove any misunderstanding as to the effective date the share on the capital stock, payable July 15 to holders of record June 30. This Is the first dividend declared during the current year. Payments in 1941 were as follows: March 20, May 28, Aug. 26 and Nov. 26, quarterly dividends of 15 cents each; May 28, 35 cents'extra, and Aug. 26, 85 cents cerificate stockholders, June 18, stated In part: production about June 20 under to holders of record June 30.. A similar dis¬ this issue on April 1, last. Payments in 1941 of the plan of extension and of its consummation, be t.::. directors to < wires, rings, posts and metal parts. production follows: Feb. 1, April 1, May 15 and July 1, 62y3 cents each; $1, and Dec. 20, 75 cents.—V. 155, p. 1128. company, registered shares amounted to lO.frbents per share, and was paid on June 20 to holders of record May 14. See V. 155, p. 1846. The letter 62'/a fund bonds, due' April 1, 1944 has received "splendid response" in the three weeks since presentation of the plan, Charles Warner, President, stated in a letter to bondholders, which further states: y'.yyiVy/y'/'. state United Molasses Co., Inc.—Final Dividend— The final dividend on the American depositary ; a payment of $90 of deferred unpaid interest of each bond, we wish to 11.1 % .—V. 155, p. 2375. or ;; partially offset the drastic curtailment of certain manufacturing oper ations restricted by conservation orders of the WPB." cents per share on the $2.50 cumulative class A stock, no par a Warner Co.—Extension Plan 1 •'// company has been engaged in war production since April 20, 1942, under prime contracts with the Government. • Since April 27 it 30. : J Net1 income■ 2376. p. 'X -"The ; June ■ —V. exchange carriers. War Production Board order M-126, to Other $7,552,106 3,903,232 $1,560,828 made was out as Oct. 1, Total int., etc., deducts. be Bank for account of accumulations Net work various the directors have telegraph to conservation orders affecting the company is dated May 5, 1942, covering loose, This order provided that the company cease to accept delivery of steel after May 20, cease to cut -and process steel after June 19, and cease to assemble metal parts after Aug. 3, 1942. The company has on hand a normal inven¬ tory of completed metal parts which may be put into finished products after Aug. 3. The company expects to continue to operate its bindery, envelope, ruling and printing departments. "Among the Walker & Co.—Accumulated Dividend— 8,551,210 have RFC—To End Voting Trust— A letter to the receivers of the old company under income bonds, series B, due Jan. 1, 1991. will National representa¬ //•;/,/•; would company International service.—V., 155, with registrar all stock Wilson Jones Co.—To Convert Plants— representing the equivalent Tha dividend has been made Jjp.,i2103'»>,v;:;v/y;..:Q..vyy''yyyy ^y'Vyyyy $9,359,864 • ■—3,489,836 Chase pointed -V of <R. C.) Williams & Co.—30-Cent Dividend— Registrar— $4,693,032 $3,696,444 $10,457,144 with has 138,846 210,877 1942—3 Mos.—1941 $4,258,953 revs, nat. gas Total oper. rev. deducts. and 26,369 Earnings of Company ■ Only Period End. Mar. 31— Operating old / fY .. • The con¬ A dividend of 30 cents per share has been declared on the common stock, payable July 6 to holders of record June 29. A similar payment was made on Jan. 10, last. Last year paid 15 cents each on Jan. 10 and,June 20.—V. 155, p. 57. : The New York Stock Exchange has authorized the listing on June 30, 1942, of Wabash RR. first mortgage 4% bonds, series A, due Jan. 1, / 1971; general mortgage 4% income bonds, series A, due Jan. 1, 1981; $4,831,878 to interests : $7,356,631 or government. consolidated The themselves would be owned by aliens company foreign any the voting trustees will then send announcing this fact.—V. 155, p. 2192. order.;y'"Xi{;>■'//■"/•'/'. ,;/yy, general mortgage 4 'A% Portion $2,502,012 following rrprfe than one-fifth of the and and reorganization manager, securities preferred shareholders year's dividend on the stock. out of merger would be approved If divest a meeting of the directors, held June 22, 1942, the directors payment of the loan from the Reconstruction Finance Corporation and arranged for a new loan from a bank. Upon payment of the RFC loan the voting trust of the company's stock will terminate payment of $4.50 in cash, a the meet to Vice-President that upon delivery of new In .... , ..1—$3,230,526 , the old refunding and general mort¬ ail, reorganization managers will pay out some $8,000,000 Wabash security holders on delivery of the new securities. $4,832,704 x.''207\Vxx±£&V'j full a available public- subsidiary Balance the authorized and K. receive .•<•& ..court' '-//v■ 4,100,347 $7,356,631 in At addition in purchasing control of the new company from the old bond¬ by buying the new stock from them. Pennsylvania formerly the old Wabash Railway (an Indiana corporation). Arthur will yy Balance Pfd. is announces $8,674,401 392,372 holders distributed are controlled 35,153,647 $3,516,891 $10,838,379 "going was v', of pay earnings. holders $16,723,068 $12,946,802 $52,649,739 $43,828,048 — Postal Wickwire Spencer Steel Co.—New Bank Loan to Re¬ accompanied by signed ;Vv ///Y same, representing interest for the year 1941 on the new Holders of the various issues of .1942—12 Mos—1941 deduct. the .y.y gage bonds will receive either new stock or cash for the stock if pur¬ chased by old stockholders and, in addition, cash for income bond interest and preferred dividends on the new securities. Pennsylvania 1942 were said to amount to $59.50 1942—3 Mos.—1941. revenues. rev. taxes Net ; securities new of dividends on the new preferred stock, also out of These funds are being made available by the receivers, On June 26 the new company (Wabash RR. Co. of Ohio) will be in full operation. ;• y;■Xj.X to Dec. 29, on the time bonds income payable June 30 was said (4) All employees of companies involved in a merger who were em¬ ployed on March 1, 1941, would receive full jobs for a period of' five Others would receive preferential hiring status for a five-year period, and would be granted four weeks' dismissal pay for each year under court order. United Gas Corp. (& Subs.)—Earnings— Period End. Mar. 31— the 1941 A similar distribution Arrearages at Jan. per share.—V. 125, p. 2542. year. transmittal. of will receive checks Inc.—$3 Dividend— $100, par . years. for the several security issues of surrender promptly such certificates of deposit share has been declared on account of accumu¬ cumul.. pref. com¬ 1 of deposit Wabash Railway should to the depositary issuing the v-J A dividend of $3 per lations He companies would have telegraph business. ''/■ arrangements Delivery of. New Securities and Cash — certificates of Holders $404,451 155,, p. 1607.-' Union Terminal Cold Storage Co., '•IfA $339,200 111,582 $113,238 25,315 oper. income interest," the bill would have to under the consolidated tives of reorganization of Wabash Railway dated as of March 15, 1941, was consummated on June 18, 1942, and the new securities and the cash payments to be made will be available for distribution on and after June 26, 1942. y^ y V/y-v y' •./. v ';// letters . public the merger (2) No announce Payments June 26— ■VivyA/V;/:V;;[•./ 1942—4 Mos.—1941 $2,398,581 $2,258,342 8,456 8,603 1,793,939 1,625,442 256,986 219,846 1942—Month—1941 revenues™™ which Postah Telegraph : Consolidated (3) Tri State Telephone & Telegraph Co.—Earnings— Uncollect.ble oper. rev._ in international and debentures 5% $10,500,000 The plan Operating legislation vote, and $300,000 (1) however.—V. been declared on the common stock, no par value, payable June 30 to holders of record June 22. A similar distribution was made on March 31, last, and on June 30, Sept. 30 and Dec. 29. 1941, as against 50 cents on March 29, 1941.— v. 155, p. 1319. • ■."/ Period End. April 30— voice Union recent years." Any ; Virginia Public Service Co.—Debentures Sold— Stone Shipbuilding Co.—75-Cent Dividend— cents per share has by 22, Western ditions: five underwrote 75 June on of f McFarland; author of the bill, which now goes to the House, declared the merger would release large amounts of critical .materials to the War Department. For example, he said, Western Union imme¬ diately could release 6,200 teletype printers and Postal 1,200, "Obvi¬ ously," he added, "Postal cannot survive without Government subsidy." United States Steel Corp.—Number of Stockholders— '^p.;/2lQ2.y;yrAi,y of dividend ; monthly, while Western Union suffered "great losses He said a merger should assure an efficient telegraph communication system badly needed for the war effort. in stockholders have dividend of distribution V ' (D., Ariz.): said the measure authorizing volun¬ tary consolidation and, merger of all domestic telegraph operations was The share, payable July 20 to holders of record July 6. This is the first May 7, 1936,—V. 152, p. 2412. ■; Toledo similar A approved merger ■ , Senator distribution since organization, A 24. permit Senator McFarland, last, and on Sept. 30 and Dec. 29;, 1941, while on June 30, initial payment of $1 was made. A participating dividend of an 50 cents was also paid on Dec. 29, $1,104,211 Timm Aircraft Corp.—Initial Dividend— directors of 50 cents per March 31, —V. 155, p. 2101. The record of Senate would panies.' share has been declared on the 4% par¬ ticipating prior preference stock, par $50, payable June 30 to holders 1,607,221 $252,887 . The $2,729,518 18,086 $544,359 ™«™™- Western Unidn Telegraph Co., Inc,—Senate Approves Telegraph Merger— • v it being believed that none will U. S. Cold Storage Corp.—50-Cent Preference Div.— $2,552,363 177,155 $3,530,083 20,545 $576,417 2,681 3,279 income $3,322,612 207,471 35,137 $866,037 deductions Fixed $541,280 No provision was made for United States profits taxes for either period, excess be required, the company states.—V. 155, p. 1319. , $826,798 39,239 ...— income Miscell. 473,645 _—-76,301 Cr5,304 income. oper. Other income for the same period of 1941. 4 . 1942—5 Mos.—1941 ,$2,538;713 $16,782,136 $12,167,478 1,698,282 11,141,405 B,208,976 234,400 1,800,261 970,029 ;' 68,247 528,581 447,759 Cf3,496 Crl0,723 Crll,649 $3,744,464 Monday,; June 29, 1942 Dividend— dividend of 75 cehts per share on the common stock, payable June 26 to holders of record June 18, This compares with $1.20 paid on March 27, last. Payments in 1941 were as follows: March 28, $1; June 27, $1.25, and Sept. 26 and Dec. The directors 26, $1.50 rbcently declared each.—V, 154, p.^40. a / ,