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JUN 15
1942
MONDAY
("Reg.
Volume 155
Number 4079
New
STATE
U. 8. Pat. Office
j
York, N. Y., Monday, June 8, 1942
AND
Price 60 Cents
a
Copy
CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
in
voting not
municipals
on
In This Issue
strengthen
the
to
tax
has
interest
tended
market.
to
At
the
present time it appears
anybody's
guess is about
Corporation News
State and
fellow's
as
good
to whether
as
the next
as
prices will
go up Or down..
City News
The statements in bur'
April bul¬
regarding gas tax bonds have
letin
stirred up quite
and argument.
QUOTATIONS
seen
New York Stock Exchange
New
York
Curb
us
conclusions
our
We
wrong.
glad to
are
were
report,
however, that the State. Board
Exchange
Administration
Out-of-Town Listed Markets
has
of
apparently
changed its policy and has largely,
if not
entirely, ceased buying long
term
road
With
Unlisted Securities
a
bonds
for
investment.
continuation of this policy
of
conserving
cash,
extending
early maturities where heavy, and
levying ad valorem debt service
taxes (which should be moderate
Miscellaneous
in
(See Index Below)
ALABAMA
As yet we have
data advanced that con¬
no
vinces
bit of comment
a
most
cases)
there
should
be
very
little trouble experienced
with gas tax bonds.
We
have
commented
several
times in earlier bulletins on the
FLORIDA
levy
a
of
ordered
leans
5%
of
the
amount
payable by the New
District
Court
of
Bellwood, III.
Appeals
will be made next year.
Bonds Authorized—The
Village
In addi¬
Council
tion, the bondholders holding the
court writ, will
give credit for
all bond exchanges consummated
and
reduce
cordance
the
to
principal
the
in
Bond
ex¬
Co., representing the bonding
the
municipal
&
derived
from
the
government
that
3%
optional Jan. 1, 1941, and
possibility subsequent interest date.
abandon
may
bonds
will
be
terest
said
rate
the
increased
year or
1 De
rants
would
lando, Fla., and the holders
Funiak Springs
bonds are re¬
quested to communicate with the
town or the refunding agent.
CALIFORNIA
He met,
•
Bonds
Sold
of De-
Calif.
The City Clerk
Florida (State of)
$30,000 construction
bonds approved by the voters in
Report On Municipal Situation
January, have been purchased by —The following
comments
are
states
the
—
that
Citizens
National
Trust
Savings Bank of Riverside,
at par. - Due in 30 years.
Los
Angeles
County (P.
Angeles), Calif
,
&
■
&
us
by Samuel B. Franklin
Co.,
Bartlett
Building,
Los
Angeles: A complete report giv¬
ing a comparative record of the
tax
delinquencies
three years
of all
for
the
cities
past
and dis¬
tricts in Los
Angeles County hav¬
ing outstanding bonds will be
mailed free of charge on request.
This free service to
banks, insur¬
ance
companies and to the general
investors was originated by Sam¬
uel
B. Franklin ten years ago.
Riverside
School
election
County (P. O.
side), Calif.
River¬
May
15, the
voters rejected the proposal to is¬
sue
$130,000 Palo Verde Unified
Sch.
Dist.
on
construction
bonds,
cording to the County Clerk.
other the last thirty
days but the
general trend seems to be lower.
Activity has been at
level
so
ac¬
a very low
that really there has been
chance
no
Florida
absorb
to
know
bonds
and
at
the
how
many
market
than
Bonds Tendered—It is stated
by
J. Edwin
Larson, State
connection
with
the
call
order,
are sev¬
however,
feel
that
any
particular renewal of activity will
cause
prices to advance because
of
scarcity.
Gas
rationing
has,
Authorized
Council
passed
thorizing
an
an
—
Village
ordinance
au¬
issue of $3,500 water
bonds.
revenue
Harrisburg, III.
,
Bonds Sold—The issue of
$450,water revenue bonds authof^V
000
ized
by the voters at an election
May 26,. has been sold to Ball-
on
man
&
Main, and Benjamin Lewis
both of Chicago, jointly,
Dated May 1, 1942 and
&
Co.,
as
3V2S.
due
on
Nov.
1
from
1943
to
1972
inch;; Interest M-N. Legality ap¬
proved by Chapman & Cutler of
Chicago.
Illinois (State of)
Offers Program for Tax Reduc¬
tion
The Illinois Chamber of
—
Commerce has urged a five point
program to reduce waste in the
15,000 tax
in
the
tax
spending governments
State
collection
and
to
strengthen
efforts.
Debt
Composition
Federal
levies
needed
war," Kaiser said.
much
to
for
the
"It is not too
ask that
our
tax
spend¬
ing officials cut their expenditures
Plan—Cred¬
to
the
bone and
tenders of matured
increase
the
ef¬
or unmatured
itors of the city are being advised ficiency of their administration
original or refunding road and that a
petition has been filed in in this war emergency."
bridge or. highway bonds, time the United States District Court
The chambers'
program follows:
warrants, certificates of indebt¬ for
the
Northern
Eliminate
District
of
tax
edness and/or negotiable notes of
various counties and
special road
and bridge districts of the
above
State,
one
party offered bonds.
Fort
Lauderdale, Fla,
part
as
follows:
period of
to
years a
Florida
a
heard
to
be
may
present
matter
any
upon
the
issues
the
in
to
be
relevant
petition and
reported in any other matters affecting the
Agreement with plan of composition.
spread
over
a
Sworn proofs of claims are to be
defaulted deficit
filed
approximately $100,000 was re¬ ing before the court or prior to
by City Manager Merrill that date with the clerk of the
today as the latest development court. At
any time not less than
ported
a
proposed bond exchange
cov¬
ering the City's $4,350,000 bonded
indebtedness.
The stipulation
was
reached
re¬
ten days prior to the time for the
hearing
creditors
may
file
an
answer
to the
ing
any of
therein and
unquestionably,
h u r t
Florida cently by bond attorneys repre¬
bonds.- Against this the action of
senting the City in preparing the tions
the Ways and Means Committee
exchange.
Under the agreement, plan.
petition controvert¬
the
New
•
up
*
_
alleged
any objec¬
have
may
r
to
the
"
V
•
Page
York Stock Exchange
2149 '
New York Curb
Exchange........
Other
'
Stock
Exchanges
2165
2171
Unlisted Securities
2176
State and City Department:
Bond Proposals and
Negotiations 2137
Gen. Corporation and Invest. News 2178
Redemption Calls
and
Fund Notices
matters
setting
creditors
,
INDEX
Quotations:
the date set for the hear¬
on
of
in
delinquency,
which is as high as 30% in some
plan of composition. A counties, by amending State laws
hearing on the petition is sched-; and enforcing the amended laws.
uled to be held on July 31, at 10 Chiefly, pass laws that will
make
o'clock a.m., at which time any it practical for tax
buyers to get
asking for the confirma¬
tion of
creditor
bondholders
an
ex¬
Williston, Fla.
for
it
points lower than will be
paid.
The majority of investors,
judging by their attitude, appar¬
ently feel that prices may soften.
-;:
Edinburg, III.
Bonds
ing issue.
The total bond
change amounted to $491,500.
Treasurer,
in
Bond Deficit To Be Extended—
The Fort Lauderdale "News and
Sentinel" of May 20
happens to be
of
war¬
*
cial in later years.
in
other sections.
prices mean apparently
little as asking prices will
be bettered readily on bids in
most cases, and bid
prices, unless
eral
issue
anticipation
some
might
Quoted
tax
purchased by the H. C.
Arthur Kaiser, Chairman of the
organization's
taxation
commit¬
United
States District
Court
is
people
said to have issued an order dis¬ tee, asserted that elimination of
seem
to feel that
gas and tire
wasteful spending and revisions
rationing, cutting down tourists, charging the bankruptcy status of of
antiquated tax laws would save
the above district.
All but eight
spells disaster for Florida.
We
millions of dollars.
definitely believe this is not the of the original bonds, whose own¬
"These savings ' would lighten
ers are not known, have been ex¬
case, that we are likely to have
the
ever-increasing
burden
of
less
changed for those of the refund¬
trouble in Florida
mention this because
what price levels.
very
Others,
Bonds Defeated—At the
held
May issue of the
3s
Tax Delinquency Record Pre¬
pared—The following notice was
sent to
from the
monthly bulletin put out by A. B.
Morrison & Co., Congress Build¬
ing, Miami: Prices of Florida Mu¬
Los
nicipal bonds have shown no great
price fluctuations one way or the
as
O.
taken
was
An
—
Speer & Sons Co. of Chicago.
on
—
23.
Sold
$25,000 2%
in¬
fact
Funiak
No.
89
Miami, Fla.
that, generally speaking, mu¬
Springs, Fla.
Bond Reoffering Not Scheduled
Bond
Call
Debt
Mayor John C.
Refunding Authorized— nicipalities here in Florida are in —In connection with
the offering
Geise is calling for
payment on The Town Council is said to have good shape financially.
In many on
April 15, of the $750,000 not
July 1, at 104Vfe% of principal authorized the
cases
there are substantial
cash
refunding, of the
to exceed 5% semi-ann.
amount theerof, together with in¬
hospital
present outstanding indebtedness balances in debt service funds.
revenue bonis, at which time all
terest thereon to
redemption date, of $68,000 bonds and $18,810 past Reductions in operating money bids
were
returned unopened as
are
judgment Tefunding bonds num¬ due interest into new
being met by economies in a
refunding
War Production Board certifi¬
bered 9 to 60,
aggregating $26,000. bonds dated July 1, 1942, due July operation. While the winter tour¬
cate of necessity was not forth¬
Denom. $500.
ist crop is probably
Dated Jan. 1, 1937. 1, 1972, with interest
over, at least
payable 3%
coming, it is now reported by A.
in a substantial
Payable
at
the
First
National from date to but not
amount, for the E.
including
Fuller, Director of Finance,
Bank of
Birmingham, or at the July 1,1952, 4% from July 1, 1952 duration, Army and Navy activi¬ that no
defintie plans have as yet
Chemical Bank & Trust
Co., New to, but not including July 1, 1962, ties are increasing and revenue been made for
reoffering these
York City.
from these sources very largely
and 5% thereafter until
bonds.
maturity,
The architects have re¬
takes the place of that from tour¬
or
until called for
vised their construction
ARKANSAS
redemption.
plans and
ists.
On the whole the summer
Bonds and interest are to be
re¬
specifications to conform to sug¬
Hot Springs, Ark.
population in Florida this year is
funded On a par for par
basis, with
gestions of the
Federal
Works
Bonds
Voted—At the election odd amounts of
interest
below likely, to be greater than it has Agency, and it is understood
that
held on May 25 the voters are said
$100 payable in cash at the time ever been, due to the presence of the matter of
priority certificates
to have approved the issuance of
soldiers and sailors. We feel
of the refunding.
pretty on the basis of the revised
specifi¬
$100,000
well satisfied with the condition
airport construction
The new bonds are now in
cations is having the further
pro¬
bonds
study
of most
by a very wide margin. cess of
municipalities we have of the Priorities
validation, and should be
Board.
Bond Offering Scheduled—It is
ready for exchange in approxi¬ checked and while difficult times
North St. Lucie River Drain.
stated by Emmett
are ahead, we believe most
Dist.,
Jackson, City mately 60 days.
mu¬
Fla. ;
Clerk, that the said bonds will be
nicipalities are in excellent shape
The refunding is
being handled
Bankruptcy Discharged — The
to meet those
placed on the market about June by
difficulties.
We
Leedy, Wheeler & Co., Or¬
Tuscumbia, Ala.
;
any
Warrants
work a "slight
the city for the next
two but would be benefi¬
hardship"
on
County School District
(P. O. Maywood), III.
Cook
ex¬
changed for 4% bonds.
Merrill
that vari¬
Guaranty Trust Co., New York
City.
Dated Jan. 1, 1937, and
plans to tax municipal bonds and
also
Upham, City
selected by lot and are called for
redemption on July 1, 1942, at the
City Treasurer's office or at the
in¬
formed City Manager Merrill
they
were confident an
exchange of at
least $2,000,000 in bonds would be
made within a year.
Optimism
the
B.
announces
refunding of 1937 bonds
series 4001 to 5500, have been
in
ex¬
bonds,
au¬
3%
ous
syn¬
dicate which will endeavor to
was
Call—R.
Comptroller,
Officials of B. J. Van Ingen
ordinance
an
"??':¥}£Chicago, III.
ac¬
amount
passed
thorizing an issue of $10,700 judg¬
funding bonds.
ment
changed.
change
ILLINOIS
,
Or¬
Sinking
.....*
2143
Dividends
Auction
2143
Sales....
The Course
of
Bank
2148
Clearings
Foreign Exchange Rates
......
2177
2148
THE COMMERCIAL & FINANCIAL CHRONICLE
2138
title
good
back
properties
to
revenue
refunding
bonds: were
single'rate of interest, expressed
a
multiple of 34 of 1 %.-,■* The purchased recently by Stein Bros..
& Boyce, and the Bankers Bond
bonds, issued to refund June 15
and
July .1 maturities, will be Co., both of Louisville, jointly.
Denom. $500.
Dated June 1, 1942.
lirect obligations of the city, pay¬
Interest payable J-D. Due on June
able out of unlimted ad valorem
1 as follows:-$1,000 in 1943 and
taxes on all of its taxable prop-
a
owing
-
in
discouraging
thus
taxes,
nonpayment of taxes.
Adopt uniform accounting and
.
regular audits of the finances of
tax levying bodies.
There are no
laws in Illinois requiring a uni¬
Monday, June 8, 1942
New
Liquidation;, of the city debt, to
study various aspects of the city's
bonded debt.
The
worked
which
committee,
in cooperation
York,
with Mayor Maes¬
Blanc Monroe and R.
0.67%
at
discount.
8, 1942 and due March
1, 1943. > The First Boston Corp.,
next highest
bidder, bid 0.74%,.
plus $2 premium.
tri, was composed of John Legier,
J.
.
Dated June
S. Hecht.
Ipswich, Mass.
Sale
•-Note
Second
The
—
Na¬
All
of
the
$12,000,000 of 4%
Purchaser will be required 1944, $1,500 in 1945 and 1946, $2,tional Bank of Boston purchased
of accounting for all
000 in 1947, $1,500 in
1948 and public improvement bonds, which
on
June 2 an ' issue
of
taxing bodies, and it is therefore ;o make payment for and accept
$50,000
are due July 1,
1950, are callable, notes at :
delivery of the bonds prior to 1949, $2,000 in 1950, $1,500 in 1951
0.429%
discount.
Due
impossible to obtain accurate in¬
to 1954.and $1,000 in 19554 Call¬ according to their terms, at any
!
p.m. on
June 17, at; the City
formation on public revenues and
Dec. 20, 1942.,; The First National
Treasurer's office or at such bank able on 30 days' published notice time after July 1, 1942, at the Bank
of. Boston,
€xpenditures.
next highest
at 103.00 up to and including June discretion
of
the
city and the
in the city as the purchaser shall
; < Strengthen the budget laws a£bidder, named a rate of 0.474%•. ■, ■
Board of Liquidation.
A certified 1, 1947, and thereafter at par
■fecting local governments, making Jesignate in writing.
and accrued interest in inverse
The plan recommended in the
Lowell, Mass.
mandatory
the
preparation
of ;heck for $500, payable to order
Prin. and .int., resolution was suggested in lieu
Bonds
Sold — A
group
com¬
;f the city, is required.
Legal numerical order.
budgets and strict adherence to
payable- at the; Farmers Bank,. of an alternative plan whereby posed of Lee Higginson Corp.,
fthem.
Under present laws budg¬ .•pinion of Matson, Ross, McCord
the city could call all of the bonds Robert Hawkins & Co. and Bond,
Hardinsburg.
•
eting is voluntary and hence tax k Ice of Indianapolis will be furafter July 1,1942, and offer a new Judge & Co;; all of Boston, re-;
spending bodies which need budg¬ ; fished the successful bidder at Kenton Ccunty (P. <X Covington).,
refunding issue to the public at a cently purchased at private sale
he city's expense.
'
ets most are least likely to have
Ky.
'
: T:.
substantially lower rate.
$450,000 1%% relief bonds. Dated
ithem.
Bonds Sold—A $200,000 issue of
Paw Paw Township School Town¬
K According to the recommended June
1,
1942.
Due $45,000 on
Revise assessment methods so
234% semi-ann. airport bonds is
ship (P. O. Roann), Ind.
plan, holders of the bonds will June 1 from 1943 to 1952 incl.
that property assessment through¬
Bond Offering—Hugh E. Comer,. said .ta have been, purchased re?
retain their present bonds after Interest J-D.
Legality approved
out the State will be made on a
Trustee, will receive sealed bids cently by a group composed of
permitting the city to detach, the by Ropes, Gray, Best, Coolidge &
uniform
basis.
At present, the
xntil 7:30 p.m. on June 12 for the Seasongood : & f Mayer,;; Nelson,
Reoffered to
present 4% per annum coupons Rugg of Boston.
chamber found, there
are
hun-;
purchase of $5,000 coupon school Browning & Co.; the Weil, Roth and substitute new coupons at the yield from 0.50% to 1.60%, ac¬
'dreds of township assessors in the
jonds.
Dated June 1, 1942.
De- & Irving Co., and Walter, Woody rate of 2% per annum, which the cording to maturity.
State, most of whom make assess¬ iom. $500.'
Due $500 on Jan. 1 & Heimerdinger, all of Cincin¬
special committee said "is in line
ments according to a variety of
Massachusetts XState of)
ironi
1944 to 1951 incl.
Prin. and nati. Due in from 1 to 20 years;
with presently prevailing interest
individual ideas.
V Note Sale—The issue of-$3,000yint. payable at the State Exchange optional after 10 years. - ; y4 s: *
rates on relatively short-term taxReduce
the
number
of local
000
notes offered May ; 29
was:
Bank, Roann. (Previous reference
Kentucky (State- of) 1 '■ ,v,v i exempt securities."
4.B awarded to a
governmental units, which total \o ' this offering was made in vV
group composed of
Bridge Revenue Bond Call—It
! Certificate Call—It is stated by the -Bankers Trust Co., New York,
15,000 in Illinois, or more than
455,.p. 1962.).
...
is reported by J. L. Donaldson?; jjesse S.
Cave, Commissioner of Boston Safe Deposit & Trust Co.,
;any
other, State.
The result of
Commissioner of Highways, that, Public
IOWA
Finance,-that 2%% semi- Boston, and the Day Trust Co^
having such a large number of
various; State 1
134%, # !%%v ann. refunding paving, series B
governmental bodies is that it is
Bostioiv ai 0.39i%;interesfc ; Dated
4'Cedar Rapids, Iowa
impossible for even the most pub¬ ■; Bonds Voted—At the election 2%%, 3% and 334% bridge reve¬ Certificates of 1939, totaling $211,- June 12, 1942,: and due June 11,
nue
refunding bonds aggregating 000, drawn by lotr are being called ; 1943.
lic
spirited taxpayer to attend held on June 1, the voters ap¬
Interest payable at ma^
$551,500, are being called for pay¬ for payment, at par and accrued turity.
meetings at which officials decide
Notes payable in New
proved by a wide margin the pro¬ ment on
July 1.
how to spend his taxes. ,
interest,. on July 1, 1942.
Dated i York City or Boston, at holder's
posal to : issue $325,000 airport
Kaiser reported that only 667,July 1,1939. Denoms. $1,000. Due1 option. Other bids:
bonds, according to the City Clerk.
LOUISIANA
080 of the 1,673,911 automobiles
Jan.' 1, 1951.
i
-int. Rate
Said certificates i Bidder— *> r
licensed in Illinois for 1940 were
Coulee Baton Gravity Drain. Dist. should be presented for payment,1 First Nat'l Bank of Boston and First
Boston Corp. (plus $69 premium)....
KANSAS
0.44%.
assessed for tax purposes.
No. t (Pi O. Abbeville), La.
With all unmatured coupons at-1 Nat'l City Bank of New York and
Lucas School District No. 3 (P. O.
Second Nat'l Bank cf Boston.
0.459f%
Bond Sale Details—The, Secre¬ tached, at any of the places of Nat'l Shawmut Bank of Boston and
Metropolis* III.
Lucas), Kan.
0.<9%
payment- designated oa the face> Merchants Nat'l Bank of Boston
Certificate
Sale Arranged—W.
Bond Sale
Details—It is now tary of the Board of Commission-!
Salomon Bros, &
Hutzler
(plus $17
'»y
" Interest ceases on Jan.
ers
states that the $55,000 bonds thereof.
premlum)>
0.51%
.Worthington, City Clerk, reports reported that the $15,000 construc1, 1942.
Changes In List of Legal In¬
that the
4% electric light .ion bonds sold to the Small-Mil- awarded to a syndicate headed by
arty.
form system
.
.
"
•
y
.
....
.
...
■
,
lllSSIS
'M
.
»>
■
.
$80,000
system revenue certificates of in¬
debtedness referred to in v. 155,
2050, have been contracted for
local banks.
Dated Feb. 1,
1942:
* Denom.
$1,000.
Due in
from 1 to 20 years.
Callable in
p.
by
Prin.
numerical .order.
inverse
Scharff & Jones, Inc» of New Or¬
noted here
purchased at leans, at -100.045—v. 155, p. 1562—
were purchased at a net interest
par, divided as follows: $3,000 as
cost of about 3.81%, divided as>
2s, due $1,000 on Aug. 1 in 1943
follows:
to 1945; $7,000 as 13i>s, due $1,000
$30,000 public improvement bonds,,
(TOm Aug. 1, 1946 to 1952, and $5,of which $25,000 are 33/4S, due
100 as 2s, due $1,000 from Aug. 1,
February,
were
Ballard County (P. O.
Oquawha, ill.
<
P.
Brooks,
Clerk,
Village
calls
for payment on July 1, 1942, 4%
electric
light plant and system
certificates of indebtedness Nos. 1
to
66, aggregating $66,000. -Dated
Denom. $1,000. Due
annually on Jan. 1 from 1944 to
1960 incl.
Payment of the certifi¬
cates
together with interest to
July 1, 1942, will be. made on
presentation to the | Continental
Jan. 1, 1940..
National
.Illinois
&
Bank
Trust
Co., Chicago. Certificates must be
presented in negotiable form and
have attached July 1, 1942, and
subsequent interest coupons.
sociated
on
mission
also
tion with
000
a
proposal to issue $16,-
construction bonds.
road
commission
Comptroller,
bids until
sealed
will
11
Sabo,
receive
a.m.
on
June
.15 for purchase of $41,000 not to
exceed
3%
interest
refunding
'bonds, dated June 1,1942 and due
$10,000 June 1, 1947 and $31,000
in
1948.
'
Knox, Ind.
Sale—An
Bond
awarded
&
May 22 to John Nuveen
Co., Chicago,
of 100.061.
as
134s, at
a
;'
Int. Rate
Johnson
S.
...
Raffensperger, Hughes &
Woolf & Co
Seas-ongood & Mayer..;
Co.
Stokes,
Farmers Bk.
price
Other bids:
Bidder—
Kenneth
of $9,000
bonds was
issue
improvement
sewer
& Tr.
Co., Knox
1 %%
IV2%
T
Rate Bid
100.43
100.34
2%
only
whether
100.24
101.10
Bond
Offering—John D. Lewis,
City Comptroller, will receive bids
for
the
purchase of $18,000 not to
ceed 43k% interest, series B
ex¬
until
10
a.m.
on
June
15
re¬
funding bonds of 1942.
Dated
June 15, 1942.
Denom. $500. Due
Dec.
15,
1953.
Bidder
to
point
the
name
impose
000,000
to
that
a
levy
transactions.
It
is
its
which
on
whole¬
on
estimated
would produce $10,-
$15,000,000,
to
has
according
advices from the State capital.
The
bill
includes
partial safe¬
a
reduced highway
maintenance by loss of gasoline
tax revenue. It proposes an allot¬
against
guard
which
contended
a
that the levy
ment
high
stake
was
had adver¬
at
county
Appellate Court ruled
had
according
Opelousas,
to
Secretary of the Police Jury.
the
Due
July 1 in 1943 to 1957.
on
ADDED TO THE LIST OF DEC*
1*1941;
of
benture, 2%s, 1970.
'
Note Sale—The issue of
$5,000,- REMOVED FROM THE
LIST:
2 was
Municipal Obligations
awarded to Halsey, Stuart & Co.,
City of Amarillo, Texas.
Inc., New York, at 0.6% interest,
City of Johnstown, Pa.
plus a premium of $87.
Dated (For failure: to file state
:
June 5, 1942, and due on Dec. 15,
Town of Putnam, Conn; ;
1942. Reoffered by the bankers to
Town of Walpole, Conn.
yield 0.60%, Other bids:
County of Washington, Me.
Bidder—
Int. Rate
Town of West Haven; Conn,
Chase Nat'l Bank el New York,
Salo¬
mon
Bros.
&
Hutzler,
and
R.
W.
"City of Fort Smith, Ark.
..'-Prcssprtch
• Ctr.
(plus $35 premium).
0.72%
City of Peoria, 111.
Fi-st Nr.VI
Br.nk of New Ycrk, F. S.
;
Mcscley &
Boston,
Co.,
of
'
offered
notes
000
and
Eostrn
Nat'l
June
Shawmut
Bank
Railroad Bonds
Merchants Nat'l Bank of
Arthur Perry & Co. (plus
0.74%
$17 premium)
—'..
-First Boston Ccrp.- and-Chemical Bank
1
& Trust Co. (plus $131 premium)
Bristol.
to' parties
$1,100,000
1
-v As of
MayJ 21, 1942v American
Telephone & Telegraph1 Co. De¬
MASSACHUSETTS
Boston, Mass.
.
.
Telephone Company Bonds;
^
County
(P. O.
0.77%
Taunton)
(Reading System)
Philadelphia & Reading Rail¬
road Prior Lien, 43/2S, 1943. Called
April I, 1942.
Mass.
Metkuen, Mass.
spend
tfote ^Sale-^The issue of $250.Note Sale
The Second Na¬
gasoline tax allocations exclusive¬
000 notes offered June 2—v. 155, tional
Bank
of
Boston
was
ly
and thus relieve. the State
n. 2C51—was awarded to the First
awarded on May "28 an issue - of
Highway
Department
of. some
National
Bank
of Attleboro, at
work.
$50,000 notes at 0.589% discount.
Sponsors of the bill note
Dated June 2. Due May 11, 1943.
that the yield from the proposed 0.42%' discount.
Other bids:
1942^ and due Nov, 12; 1942. Other First National Bank of Boston,
tax. would depend* on war-time
restrictions on* commodities and bids:
0.60%, plus $2 premium; National
;
Biddei1-Discount
Shawmut Bank of Boston, 0.62%.
services.
Some, estimates are. as Bristol
Ccunty Trust Co., Tauntcn
0.437%
thereafter
would
—
the
been
ruled the bonds valid.
-
$15,000,000.
as
National
Borrowing Authorized—At
Shawmut
Merchants
•
of
Bank
National
Bank
0.4B%
Baston....
of
Boston..
;
0.475%
a re¬
.
Peabody, Mass,
:
I
■
Bond Sale—The issue of
$45,000
cent meeting the State Board of
Bowling Green. Ky,
coupon municipal relief bonds of¬
Note Offering—Maurice E. Nodthe bor¬
Bonds Awarded
A syndicate Liquidation...authorized
fered May
28 was awarded to
nan, Town Treasurer, will receive
headed by the Equitable Securi- rowing of $1,000,000. Tyler & Co. of Boston, as
sealed bids until 2 p.m. on June 9
;ies Corporation, and consisting of
at a price of 100.633, a basis of
New Orleans, La.
for the purchase of $30,000 rev¬
about 1.37%.
Dated June 1, 1942.
Stranahan, Harris & Co., Inc. of
Bond Interest Rate Cut Sought enue.
anticipation
notes,
dated Due June
Toledo, Almstedt Bros, of Louis¬ —The New Orleans 'Times Pica¬
1, as follows: $5,000
June 15, 1942, and due Oct. 31.
from 1943 to 1947 incl. and $4,000
ville, Nunn, Schwab & Co. of
yune" of May 30-reported-in part 1942. Bids by telephone (Cohas¬
from 1948 to 1952 incl.
Prin. and
Nashville, the Security & Bond as follows: The Commission Coun¬
set 0341) will be accepted,
Co.
of
int. (J-D) payable at the National
Lexington, and O'Neal- cil
Friday received a resolution
Alden & Co., Inc. of Louisville,
Shawmut Bank of Boston. Legal¬
Everett, Mass.
Cohasset, Mass.
—
.
has
the
been4 awarded
$790,000
semi-ann. electric light and power
revenue
bonds that were sched¬
uled
p.
for
2050.
sale on May 23—v. 155,
The 1945 to 1952 maturi¬
ties carry
2Vz%
Muncie, Ind.
sale
publicized ade¬
quately and,, since that was the:
anly question raised, the court; high
100.11
t\VU
3%
it
2 % sales tax bill
would
county
the
tised the bond issue, adequately.
Gary, Ind.
City
where
Legislature
calendar
upheld
to
'*■
Louisiana
the
and
(State of)
Sales Tax Bill Introduced—The
Court
case
of
.
,
the
The
A.
the
took
issue
Offering—John
Circuit
Franklin
INDIANA
Bond
disapproved the is¬
sue.
iLouisiana.
■
as
jribunal
connec¬
1962.
from
May 26 reported in
follows: Right of Ballard
Bounty to issue $25,000 worth of
refunding bonds was upheld today
by the Court of Appeals.
The attorney
general's office
had refused to certify the issue
oecause of the county's indebtedbossfailure to impose
a
sufficent
levy
to
retire
the
bonds.
The County Debt Com-,
part
the
be held in
dispatch
Press
Frankfort
(P. O. Newton), III.
\ then
Proposed Bond Election — An
may
Wickliffe),
buller
airport visions in the list of investments
considered
legal
for • savings
v.. 155, p.
2050—were awarded to banks, was issued on June 2 by
the St. Landry Bank & Trust Co. the State Bank Commissioners: >
25,000
Validity Upheld—An As¬
Bond
Wade
election
May1 1 in 1961 and 19624
drainage bonds; of which
$23,000 are 4s, due on May 1
in 1944 to 1961, the remaining
$2,000 are 3%s, due on May I,
following
(No. 7), showing the latest re¬
on
Called^JV
Certificates
Utility
KENTUCKY
J
'
tin
Bond Sale—The $100,000
May 1 in 1944 to I960; the
remaining $5,000 as 334s, due
payable at the City 1953 to 1957. Dated Feb. 1, 1942.
Treasurer's. office.
Legality ap¬ Interest payable F-A.
proved by Charles & Trauernicht
vestments—The
O.
bonds offered for sale on June 2—
on
and int. (F-A)
of St. Louis.
Landry Parish (P.
Opetousas), La.
St.
Co. of Wichita, as
ourn
in
turities
bonds
coupons
the
and
bear 2%%
are
at the rate of
to 1962 ma¬
1953
coupons.
The
being reoffered to yield
from 1.15% to
2.60%, according to
maturity.
.
:
standing
plan
a
interest rate
whereby
the
$12,000,000 of out¬
public
improvement
on
-
Note
000
awarded
bonds would be reduced from 4%
Bank
issue
Sale—The
offered
notes
of
to
the
of
June
Second
$250,3
was
National
0.476%: in¬
terest, payable at maturity. Notes
taxpayers of $240,000 a year.
The resolution was introduced dated June 3, 1942, and due March
by Mayor Robert S. Maestri, who 1, 1943. Other bids:
Bidder—
Int. Rate
returned to City Hall after spend¬
Middlesex County. Nct'l Bank, Everett.
0.51%.
ing four days in Baton Rouge.
It Nat'l Shawmut Bank of Boston and
Merchants Nat'l Bank of Boston..,.
0.543%
will lay over one
week before
Harrlman Ripley <Sc
Co.,, Inc.
0.55%
coming up for final action:
The plan was recommended by ;
Fall River, Mass.
a
special
committee
appointed 4 Note Sale—The issue of $500,to
2%
with
a
resultant saving to
Boston,
at
,,
Breckinridge
Bonds
authorizing
.
County
(P.
O. Har-
dinsburg), Ky.-—
Sold—We
that $19,000
are
informed
several
months ago by
Charles J.
334% school building Theard, President of the Board of
i
000 revenue notes offered June
,
was
awarded
to
Leavitt
&
approved
ity
follows:
Bidder
F.
S.
Storey,
Thorn-
Arthur
'
t
,
•-
Rats Bid
Perry
National
Robert
••;.
—
Moseley
&
&
Co........
1C0%34
Co....%....,r........
Shawmut
Hawkins
&
Bank of
Boston
1C0.20
100.15S
Co..
ICO.07
Somerville, Mass.
Bond Sale—The National Shaw¬
mut Bank of Boston
on
May 29
an
fense bonds
4 100.333,
Co.,
by
dike, Palmer & Dodge of Boston.
Other bids, also for 1V2S, were as
Dated
a
was
awarded
issue of $10,000 de¬
as
iy4S, at
basis
of
a
about
price of
1.13%'.'
April 1, 1942, and due $2,-
Volume 1-55
000
Number 4079
.
THE COMMERCIAL & FINANCIAL CHRONICLE
April 1 from 1943 to 1947
on
statutes
of the State in such
>*15,881 city
case
incl.
,
.; Other
bids: Tyler & Co.,. made and provided; and the bonds
J*4Sj. 100.30; Arthur Perry & Co., shall be general obligations pledg¬
llisy 100:144.
ing the full faith and credit of
1
portion bonds. Due Deficiency Fund certificates of
June lr as follows: $3,881 in indebtedness.
Denom.
$1,000*
1944; $3,000 in 1945 and 1946, Dated July 15, 1942. Due $675,000
and $2,000 from 1947 to 1949 on
January and July 15 in 1950,
incl*., •
and on Jan. 15, 1951'.
>
■
The certifi¬
-
1
i
the
Walt ham,, Mass.
Sale —The First
Note
city.
'The .bonds
shall
Boston
to the bidder
be
produces the
whose bid
awarded
was
on
/-All: of the bonds will be dated
lowest interest cost
the
to
.
Tax
,
Kate
Scorecf—
Reduetion
Henry F, Long,, State Tax 1 Com¬
missioner, declared on May 29
that the action of the town asses-*
in reducing the tax rate front
sors
$33 to $32 per -$1,000 of assessed
valuation, effected against his ad¬
vice, paved "the road to ruin" for
'the town if conditions take a> bad
turn in 1943.
The fact that the
-town ; has
a
surplus does not
justify using that
June
15.
Bids
shall
be'condi--
orem
tioned upon the unqualified opin¬
ion of Miller, Canfield, Paddock;
tax
as
be necessary,
may
limitation
vote at
election
an
13, according
Pervenanze, Clerk of the?
to L. G.
Board of Education.
of
cates
this
series
1950 to constitute
maturing
MISSISSIPPI
in
first and prior
a
Jackson
County Sch. Dist. No. 3
(P. O. Pascagoula),, Miss.
Bonds Sold: —The
County Su¬
lien and charge upon 100% of the
$1,500,000 levy to be extended
up-
orr the tax rolls of the State for
perintendent of Schools states that
the year 1948, and the certificates;
$65,000 building bonds were puro£ this series maturing in 1951 to
chased by White; Hattier & Sanconstitute a' first ancf prior lien
ford of New Orleans.
and charge upon 50% of the
$1,-
500,000 levy to be extended
the tax
rolls
of the
Kosciusko, Miss.
upon
Bond
as
to
Harris & Co; of Toledo;.
rate
or
J
• -i
year
to-the
holder
or
holders
Sale
Details
The City
Clerk states that the $16,000 2%%
semi-ann..
funding
bonds
sold
State for the
1949, to the extent necessary
for the payment of the* principal
amount.
Special assessment rolls
& Stone, of Detroit, approving the
have been spread and confirmed thereof, respectively, said certifi¬
legality of the bonds. The cost of
by the City Commission; to be col- cates to be redeemable at par on
the1 legal opinion and: the printing
llected for the payment of the July 15, 1945, and on any interest
of the bonds shall be paid by the
$34,500 special assessment bonds. payment date thereafter, t Thirty
city. Enclose a certified check for
Special assessment bonds are di¬ days' notice of call for redemp¬
2% of the par value of the bonds;
tion- shall be given
rect obligations of the
by mailing
city.
payable- to the City Treasurer.
/Second1 high bid of 100.110 for: notice to each agency at which
Muskegon Township ; School Die* 1
made/ by- Stranahan,, these certificates are payable and
without
/ trict No.2 (P. 0V
money to; lower
Mti*kegon)'r
Long said.
The
Mich.
/money; might well have been used
Bond Offering—Neil D.ietz, Sec¬
as
a
reserve
"cushion" for 1943;
retary of the Board of Education,
he said, since next year; "unless
will receive sealed bids until 7
♦1 any being given: bad advice all
p.m.* (EWT)oil/ June £ for: the
I along the
line;'* there will be a purchase of
$35,000 not /to exceed
drop in business and spending all 4%
interest
coupon
building
over
the State and "I doubt if
bonds. Dated June I, 1942. Denom
'West Springfield will be an ex¬
$1,000. Due $7,000 on Nov. I from
ception."
1943 to 1947 incl.
Rate or rates
/the
taxes
a
scheduled for June
,
t
June 1, 1942. Prin.nnd int. (J-D/
city, after deducting the payable-at the
June 2 an issue of $300,000 notes
City Treasurer's
premium offered, if any; interest; office.. The
at 0.446%
discount,, Dated June
$50,381 bonds, are is-i
on the premium shall not be con¬
sued on account of the construc¬
2; 1942, and due Dec. 22, 1942..
sidered as deductible in determ¬
tion of concrete pavements dur¬
—V,
155, p. 2051., Other bids:
ining the net interest cost. ; No
Leavitt & Co., 014825%; Waltham
ing 1942. For the payment of the
proposal for less than all of the;
National Bank, 01497%
$15,881 city portion bonds, the city
bonds will be
considered.
The is
authorized to levy upon all tax¬
'West^ Springfieldk Mass. '
bonds
will
be - delivered
about
able'property therein such ad val¬
Corp., New York,
submitted to
-
^
awarded
2139
—
locally—v.
155, p. 2051 — were
purchased* at par, and mature $2,in
000
in
1943
1947 to
to
1946,
and
$1,000
1954.
t
Pascagoula,
Miss.
Bond
Sale
Details—The
City
Clerk states that the
$12,000 fund¬
ing bonds sold to the Max T. Allen
Co.
of
thereof,
Hazelhurst, as 3V4S, at
100.096—v. 155, p; 2051—are dated
holder April 15, 1942, and mature
$1,001)
Tenders' Wanted — James
L. or holders thereof
may register from April
15, 1945 to 1956, giv¬
Hale, .Village Clerk, will receive his or their
name, address and ing a basis of about
3.24%.
sealed tenders of certificates
'///
rate,
if known.
River view, Mich.
ceiving
of
indebtedness, series A
dated
Oct.
For the purpose of re¬
such
notice,
the
certificate number with the State
Treasurer.
Such certificates may
2,
MISSOURI
1937, and series B, C and Dr be
registered, registeration to be
dated July 15,
Overland Fire Dist. (P. O. Over¬
1937, up to 8 p.m. certified
by the State: Treasurer,;
on June
11.
Tenders- should de¬ and
land), Mo.
are
subject
to
successive
Bonds Defeated—At the elec¬
scribe certificates
offeredr giving registrations and transfers at the
tion held on May 26—v.
series-and denominations.
155, p.
option* of the holder or holders.
of interest to be expressed in mul¬
Westhetd, Mats.
1963—the voters rejected the pro¬
South field
Township' School! Die» Coupons may be separated from posed issuance of
Note Safe—The issue of $200,- tiples of % of ■ 1 %.. Prin. and intl
$50,000 fire pro¬
the certificates and surrendered totrict Ho. 8 (P. O. R-. R. No.
payable at the National
000 revenue anticipation notes of¬ (M-N)
/,
tection bonds.
the: State Treasurer for cancella¬
fered May 28 was awarded to the Lumberman's Bank, Muskegon.
Detroit), Mich.
Bond Offering—William B. Mc~ tion in which case the interest
The district is authorized and
First National Bank of Boston, at
MONTANA
will be
paid to the registered
0.43% discount, plus a premium required by law to levy upon all Ghee, Director, will receive sealed
Phillipsburg, Mont. :
the taxable property therein such- bids until 8 p.m. (EST) on June holder on order. Each bidder must
of $3.
Dated May 29, 1942, and
Maturity—The City Clerk now
ad valorem taxes as may be nec¬ 10 for the purchase of $25,000 not name one rate of interest to- be
due Nov. 16, 1942,
Other bids:
states that the $12,500 semi-ann.
exceed 5%
interest coupon* borne by the certificates; the rate
essary to pay the principal and to
Bidder—
Discount
to be stipulated in any
Second National Banic of Boston
0.437%
interest on the bonds within the building bonds.
Dated July
multiple refunding bonds sold to the Flint
1,.
Blair & Co,, Inc
0.45%
of lk or I/10V of 1%.
Prin. and Creek Valley Bank of Phillips¬
Met chants National Bank of Boston..
0.68%
limitation^ prescribed - by Section 1942. Denom. $1,000. Due $5,000'
int. payable in lawful money at burg, as 2'3/4 s, at 100.80, as noted
on July I from^ 1943 to 1947
21 of Article 10 of the
incl.
,
.
;
State Con¬
MICHIGAN
stitution
and
the
State
Tax Limitation Act;
Property
The district
Rate
or
rates of interest to
be
named by the bidder in
multiples
of *4 of 1 %. Prin. and int.
Detroit, Mick.
( J-D)
Bonds Purchased — In connec¬ voted on May 5, 1942, to- increase
tion-with the call for tenders of the tax limitation to 3.9% for all payable at the Detroit Bank, De¬
for. a period of five troit. District is authorized and
4iion-callable bond& o»June 1—v; purposes
required by law to levy upon alii
155-, p. 2051—Charles G. Oakman, years, 1942 to 1946. No proposal
for less than all of the bonds will taxable property therein such ad
City Controller/ reports that jthe
be considered. Bids shall be con¬ valorem taxes as may be neces¬
police and firemen- retirement
tinued upon the unqualified
opin¬ sary to pay the bonds and inter¬
system
accepted
offerings
of
ion of the purchaser's /attorney est thereon, within the limitation
$100,000 bonds at an average yield
approving the. legality of the prescribed by Section 21 of Arti¬
of 2.745%/
bonds.
v
Erin Townshrp(P.
0. Frater),
enue
bonds
Jam
unsuccessfully offered
20—v/155r
p.
354/remain?
unsold.
Metvindale, Mich.
Bonds
Purchased1
Josephine
Wolan, Deputy City Clerk, reports
that as k result' of the call for
—
tenders, May 29;
*
Bond Offering—-Anna E.
City
Clerk,
will
receive
Coons,.
sealed1
State
Constitution
The
picture will show
of close to
1
Condition
State
an
2.62%.
financial
improvement
NEBRASKA
$35,000,000 by the end
Columbusr Neb.
of the fiscal year June 30, as com¬
Bonds
pared with Dee. 31, 1939, the Citi
zens
Tax
Relief
Association
$35,000
re¬
bonds
ported in a survey today.
Total gain includes reduction of
State debt by $23,267,223, clear¬
Sold—It is reported that
2%
semi-ann*
have
refunding
been
Green way &
purchased
Co. of Omaha.
by
be
1
or
from
1944
to
par
1953
incl*
rates of interest to be
ex¬
of
the
bonds,
payable
value
to
.
New Jersey
Municipal
Bonds
/://////::: ■ pi
J. S.
.
pressed in multiples of V\ of !%.,
Prin. and int.
(J-D) payable at
the
City
Treasurer's
office.
-
The
'
general
revenue
new
Ypsil'antr, Mich.
New
m
some
Phcne—REctor
^-4383
Asbury Park/ N. J.
Court Upholds
•
f ro
York
NEW JERSEY
ministration, together with reduc¬
operating costs and
retail
Rippei & Co.
MArJket' J-343#
fi¬
tion of eurrent
increased
l/lp (:!v0'
18 Clinton St., Newark, N. J*
nancial control plan under Leslie
M. Gravlin, Commissioner of Ad¬
/
• ;:p :
Established 1891
fund result¬
the- ed from operation of the
district.
Bonds Vofed—:At an election on
for the purchase of $22,000 not to bonds are not a general obliga-f May 2$ the voters approved an
issue of. $134,000 .not to exceed
tion or indebtedness of the
exceed 4% interest coupon special
city:
The principal and interest will be 2 xk% interest municipal hospital:
assessment bonds, as follows:
paid from the revenues of the construction bonds*.
$9,000" rotary
intersection
im¬
water supply system of the,
city,
provement
bonds
of
1942.
MINNESOTA*
the payment of which is secured
Denom. $1,500.
Due Aug. 1,
by a statutory lien upon such Blue Earth County
as follows:
bids until 5 p.m. (EWT) on June 9'
Financial
—
.
Rate
Mich.
the
of the State.
agency
Improved
Reported
.
of series A re¬
funding bonds,, the city purchased
$32,000/ v
June
Midland,
of
fiscal
opinion
and the State "Property Tax Lim¬ ing away of a deficit of
$8,522,000'
printing the bonds
paid by the purchaser. itation, Aefc" Am increase in tax in the general revenue fund', and
limitation to 30; mills for a period reduction of
Enclose a certified check for
approximately $3,$700;
of
five
years:,
1942-1946,
was OOO'jOOO1 in general relief costs.
payable to the district
voted by the district April
1, 1942.. / "This reduction has been ac¬
Owosso, Mich*
The district has on hand suffi¬ complished not
merely by paying
Bonds- Eeoff ered—G.
A.
Van cient funds for
payment of inter¬ off maturing
obligations^ John F*
Epps, City Clerk, will receive est maturing An 1942. Bids shall
Scott, Association Fresidenf, ' de¬
sealed bids until 2 p.m. on June
be conditioned upon the
unquali¬ clared, "but by adoption of im¬
22 for the purchase of
$20,000 not fied opinion of the purchaser's at¬ proved policies of
management
to
exceed
5%
interest
coupon torneys,,
approving the legality of which have resulted in fewer new
water
supply
system
revenue the bonds*? The cost
and payment of more1
of such opin- bonds
bonds;: Issue was previously' of¬
ion; and l of the printing of; the- of the cost of current operations
fered. June I and nn bids were bonds shall be
paid by the pur¬ from current receipts."
received.
Dated
June
1,
1942. chaser. Enclose a certified check
He said elimination of deficit in
Denom.
$1,000.
Due $2,000 on for $500 of the total
the
shall
Bonds Unsold—Alfred. J. Schott*
Township Clerk, reports that the
$125,000 not to exceed 6% interest
non-callable water
supply rev¬
on
X
the
and the cost of
,
Mich*
*
cle
The cost of such
here in April',, are due on April
1;
$1,000' in 1943 to 1953, and $1,500
in 1954; giving a basis of about
the State Treasurer's office, or at
II* S/ Supreme
special taxes.
Refunding Legislation
The survey included the period
from Dec. 31, 1939, to take in the
United
—
The
.
$1,500 from 1943
to
1946
incLy and $3,000 in
revenues
in
favor
of
the holder
*
(P.- O.
kato), Minn.
Man-
entire
administration
to
date
of
State debt
will
have
been
reduced to $106,520,428 June 30,
of said bonds, subject
Bend
Offering—Bids will
be
according to the report, as com¬
junior to the lien heretofore received by Berton E. Lee, County
13,000 first combined street im¬
pared with $129,787,661 as of Dec.
created upon such revenues
by Auditor, until June 9v at 2 p-.m,r
provement
bonds.
Denom,
31r 1939.
virtue of the issuance of' self-' for the
purchase of $50,000 1xk%
Relief costs showed a drop from
$1,000/ Due
liquidating revenue bonds in the ditch refunding bonds.
lows: $2,000 in 1943 and 1944r
$5,031,070
for
the
first
four
aggregate- amount of $24,125 here/
and $3,000 from 1945 to 1947
months of 1939 to $2,305,852 for a
Buhl Sch. Dist. (P. O.
Buhl}, Minn*
tofore issued
Jan
1947.
or
„
holders
and
,
by the city
incl.
;
All of the bonds will be dated
J.
orr
2, 1942.
i
Bonds
Defeated-—At
the
elec¬
rimilar
period this year.
Supreme Court
on
June 1 upheld validity of the State
law pursuant to which the city
effected
Gov. Harold E. Stassen.
The
States
1938.
a
debt
reorganization in
Various holders of the city's
obligations challenged the consti¬
tutionality of the legislation to
the extent that it could not apply
to debts incurred prior to
actment.—V. 155, p. 1796.
its
en¬
Bellmawr (P. 0. Ft. F. D., Mount
Ephraim), N J.
.
Bonds
Sold—Thomas
M.
Mad¬
tion- held
orr
May 19 the voters
Montevideo, Minn*
Fori Huront Mich.
den, Borough Attorney, reports
rates of
defeated
the
:Bond Sale—The $2*4,000 street that the
proposal to issue
$110,000 water bonds un¬
interest to be expressed in multi¬
Bond SaIeL~The $50,331 public
$147,000 funding bonds, it is re¬ improvement bonds offered for successfully offered on Jan. 5—
ples of 14 of 1%. Phin. and int. improvement bonds offered June
ported., sale on-June 1—v. 155, p-. 1963— V.
155, p. 147, were subsequently
(F-A) payable at the City Treas¬ 1 were awarded to Halsey, Stuart
were
awarded to Park-Shaugh- sold to the State
Sinking Fund
urer's office.
& Co., Inc., Chicago, as
Minnesota (State of)
VAs, at a
nessy & Co-, of St. Paul,, as UAs, Commission, as S^s, at par. Call¬
/
Issued in anticipation of the price of 100.16, a basis of about
Certificate Offering—It is stated:
paying a price of 100.229, accord¬ able at par after Nov. 1, 1953.
collection of special assessments 1.20%* Sale consisted of:
>•
by George C. Jones, Conservator
ing to the City Clerk.
heretofore levied in the districts $34,500 special assessment bonds: of Rural
Cliff side Park, N. J.
Credit,, that he will re¬
for the purpose of installing cer¬
Due June 1, as follows: $7,500 ceive sealed
bids
Must
at his office,: St. Louie County tndep. Sch. Dist.
Change Refunding Pro¬
tain street improvements therein,
in 1943; $6,000 from 1944 to 2651
No. 35 (P. 0. Buhl), Minn.
University Ave./St. Paul, unZ
gram—The State Funding Com¬
in accordance with the provisions
1946
til' 2 p.m. on June 24r for the pur¬
inch, and $3,000 from'
Bond Election—The issuance of mission has advised the borough
of the charter of the city and the
1947 to 1949 incl.
chase of $2,025,000 Rural Credit $147,000 funding bonds will be to abandon the proposed $242,000
June
1,
1942;
Rate
or
•
•
Commercial
and Financial Chronicle (Reg. XL'S. Patent"Office> William R."
Dana'Company, Publishers, 25 Spruce Street, New York, BEekman 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' Gardens, 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
and Africa, .$31.00 per year.
NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
William
offices:
i
...
/:/
i
d-
>
i
'id I
i
•'<
/.»
«•/'
:</■/vI;/>*/;■:/-i.
1 i
/j/;;/li?//yvl;/■■ v
I
;•:
/ 'I
•;;/
:
,
THE COMMERCIAL
2140
refunding
program
;
V. 155, p.
—
;
2051—or to so revise it as to pro¬
vide
a
less
expensive
arrange¬
.
ment.
Lodi, N. J.
:
—
Allan S. Mc-
Auditor, reports
various refund¬
ing bonds unsuccessfully offered
in June, 1941, remain unsold.
;
Borough
June
Dec. 15,
0.50%.
F, S. Moseley & Co. and R. W.
Pressprich
&
Co.,
New
York,
1942.
15,
1942
and
Re-offered
due
to yield
Hempstead, or at the Chase Na¬
tional Bank, New York.
A certi¬
fied check for $1,200, payable to
order of the town, is required.
refunding bonds.
Due
jointly, submitted second highest Legal opinion of Hawkins, DelaJune 1, as follows: $24,000 in
field & Longfellow of New York
bid, a rate of 0.64%, plus $100.
1943; $20,000 from 1944 to
City will be furnished the success¬
1951 incl. and $30,000 from Buffalo Municipal Housing Author-
514,000
Bonds Unsold
Bride,
$5,000 in 1945; $28,000 in 1946;
$35,000 in 1947 and 1948, and
$75,000 from 1949 to 1953 incl.
Monday, June 8, 1942
& FINANCIAL CHRONICLE
1952
to
1962
incl.
ful
:;ity, N. Y.
■
bidder.
The
bonds
will
be
of
the
required.
Legal
Vandewater &
Moore of New York City will be
city,
is
opinion of Dillon,
furnished the successful bidder.
Rye, N.
Bonds
Voted
•
Y.
At the special
May 25 the voters
approved an issue of $16,000 flood
control and land purchase bonds.
city election
—
on
valid and legally binding obliga¬
Bond Sale—The $7,062,000 se¬
water refunding bonds.
tions of the Town of Hempstead,
Due $20,000 on June 1 from ries A first issue housing author¬
Schenectady, N. Y.
payable in the first instance from
1943 to 1962 incl.
ity refunding bonds offered June
To Issue Notes
The city will
a
levy upon the property in the
Newark, N. J.
200,000 water bonds. Due $10,000 2—V. 155, p. 2052—were awarded
issue $635,000 four-year notes to
district, but if not so paid, pay¬
to a syndicate composed of Blyth
i
City
Manager Plan Defeated
on June 1 from 1943 to 1962
able ultiihately from hd valorem liquidate a deficit resulting from
—The voters on May 26 rejected
& Co., Inc., First Boston Corp.,
incl.
an accumulation of
unpaid assess¬
taxes which may be levied on all
city-manager rule for the second
150,000 public works bonds. Due Smith, Barney & Co., Harriman the taxable
property within the ments. Bill authorizing the finan¬
time in two years. They gave the
June 1, as follows: $30,000 in Ripley & Co., Inc., Kidder, Peatown without limitation as to rate cing was recently signed by Gov¬
1943 and $40,000 from 1944 to body & Co., Stone & Webster and
sponsors
of
change
the most
ernor Lehman.-—VY155, p. 1965.
or amount.
1946 incl.
crushing election defeat since city
Blodget, Inc., Eastman, Dillon &
Sloan, N. Y.
New Rochelle, N. Y.
commission government was es¬
50,000 ... municipal
equipment Co., L. F. Rothschild & Co., Roose¬
Bond Sale—The $25,975
coupon
tablished in 1917.
Although only
bonds. Due $10,000 on June 1 velt & Weigold, Inc. and George
Refunding
Proposed — Edward
or
registered bonds offered May
from 1943 to 1947 incl.
B. Gibbons & Co., Inc., all of New J. Glick, City Auditor, has recom¬
66,002 of an eligible 167,902 votes
mended a policy of bond refund¬ 28—V. 155, p. 1965—were awarded
were
cast, no doubt was left in
All of the bonds will be dated York, on a bid of 110.12 for a
to the Manufacturers & Traders
the outcome.
The vote was: No, June
of
coupon
rates ing by the city during the war
1, 1942. Denom. $1,000. All combination
Trust Co., Buffalo, as 1.60s, at a
51,500. Yes, 14,501. These figures of the bonds must bear the same ranging from 3% to 1.80%, mak* emergency period in order to
include the soldier vote, which
stabilize the tax rate.
Although price of 100.11, a basis of about
rate of interest, to be expressed in ing a net interest cost of about
was: No, 162; Yes, 190.
Each one multiples of V* or 1/ 10th of 1%, .1.945%. In addition to this sale, strongly opposed to refunding in 1.55%. Sale consisted of:
of
the
city's
16
wards
voted First bidder will name the rate the housing authority will sell $1,- the past, the City Auditor holds $8,750 series A general obligation
bonds to pay tax anticipation
that the current emergency makes
against the government change.
of interest and price bid and auc¬ 247,000 of series B bonds, bearing
notes.
One bond for $750,
interest and maturing from it necessary to "sacrifice a prin¬
tion will continue until the award 3%
mw
New Jersey (State of)
others $1,000 each.
Due Jan.
is made to the bidder naming the 1978 to 1982 incl., to the Federal ciple" if the city is to gain sub¬
Hendrickson Assumes Office—
1, as follows: $2,750 in 1943
stantial and immediate relief. One
•
Robert C. Hendrickson was sworn lowest rate of interest and naming Public Housing Authority^
and $2,000 from'1944 to 1946
The $7,062,000 series A bonds- of the greatest of municipal prob¬
in as State Treasurer at Trenton the highest price. Purchaser must
incl, Interest Jan. 1, 1943, and
lems, he states, is that of securing
on May 28.
Mr. Hendrickson re¬ pay accrued interest to the date awarded to the banking group
J-Jl thereafter.
of delivery of the bonds.
Prin¬ were re-offered for public invest¬ sufficient revenues to perform the
signed from the State Senate,
7,225 series B general bonds to
ment on a yield basis of 0.25% for functions needed in order to"make
where he served eight years as cipal and interest (J-D) payable
pay
tax
anticipation notes.
attainment and reten¬
the earlier maturity to a price of possible
the representative of Gloucester at the State Bank of Albany. The
One bond for $225, others $1,bonds are unlimited 'tax obliga¬ 99 for the final four maturities, tion of inhabitants and industry."
County, to accept the $6,000-a000 each.
Due May 1, as fol¬
tions of the city and the approving which are from 1974 to 1977 incl.
New York, N. Y.
year position as State Treasurer.
lows: $2,000 from 1943 to 1945
entire
issue bear interest
The post, to which he was named legal opinion of Sullivan, Dono¬ The
Federal
Aid
Sought on War
incl. and $1,225 in 1946. Inter¬
van
& Heenehan of New York rates and mature, as follows:
Production Allotments—The New
by a joint session of the State
est M-N.
•
For $276,000 maturing Nov. 1,
City will be furnished the success¬
York "Times" of June 3 reported
Legislature,' runs for a term of
10,000 street improvement bonds.
The bonds will be $136,000 in 1942, $140,000 in 1943, in
three years. The new State Treas¬ ful bidder.
part as follows:
Denom. $1,000. Due May 1, as
prepared under the supervision of as 3s; $441,000 maturing Nov. 1,
urer succeeds the late William H.
Governor Lehman and Mayor
follows: $2,000 in
1943 and
and authenticated as to genuine¬ $144,000 in 1944, $147,000 in 1945, La
Guardia reached
an
Albright.
agree¬
1944 and $3,000 in* 1945 and
ness by the First National Bank,
$150,000 in 1946, as 2s; $1,128,000 ment yesterday on the need for
1946.
Interest M-N.
Paulsboro, N» /.
Boston, and a duplicate-original maturing Nov. 1, $153,000 in 1947,
prompt measures by the Federal
Bonds Sold—Walter C. Thom¬
All of the bonds will be dated
legal opinion and a certified copy $155,000 in 1948, $158,000 in 1949, Government to make use of labor
son, Borough Clerk, reports the
or photostat of the
transcript of $161,000 in 1950, $164,000 in 1951, and plant facilities available here May 1, 1942. Second high bid of
sale of $20,000 water bonds to the
proceedings and proofs will be $167,000 in 1952, $170,000 in 1953, to increase war production and 100.09 for 1.60s was made by Blair
First National Bank & Trust Co.
filed with said bank where they as 1.80s; $1,482,000 maturing Nov. avert a threatened decline in em¬ & Co., Inc., New York.
of Paulsboro, as 4V4S.
may be inspected.
The bohds will 1, $173,000 in 1954, $177,000 in ployment because of priorities and
Valley Stream, N. Y.
be delivered to the purchaser on
1955, $180,000 in 1956, $183,000 in other
Trenton, N. )•
Bond Offering—F. G. Chalmers,
emergency restrictions on
June 26, or as soon thereafter as 1957, $187,000 in 1958, $190,000 in
Other bids—Following is a list
civilian production.
Village Clerk, will receive sealed
of the unsuccessful bids for the they can be prepared for delivery 1959, $194,000 in 1960, $198,000 in
"We have compared figures and bids until 2 p.m. (EWT) on June
$738,200 various bonds awarded at the above Boston bank, or at 1961, as 1.90s; $618,000 maturing we see eye to eye in regard to the 12 for the purchase of $44,000 not
the option of the purchaser, at Nov. 1, $202,000 in 1962, $206,000 fact that there is a very large to exceed 6% interest
May 28 to an account headed by
coupon or
Schmidt, Poole & Co., Philadel¬ the New York Trust Co., New in 1963, $210,000 in 1964, as 2s; reservoir of surplus unemployed registered library bonds, as fol¬
York. The enactment at any time $1,112,000 maturing Nov. 1, $214,- labor in New York
phia, on a bid of 100.213 for $737,City and a lows:
200 2.20s, a basis of about 2.17%,
prior to the delivery of the bonds, 000 in 1965, $218,000 in 1966, large supply of unusued produc¬
$38,000 series A bonds.
Denom.
of Federal
as reported in v.
legislation which in $222,000 in 1967, $227,000 in 1968, tion
155, p. 2052:
facilities," the Governor said
$1,000. Due $2,000 on April 15
Bidder—
Int. Rate Rate Bid
terms, by the repeal or omission $231,000 in 1969, as 1.90s; and $2,from 1943 to 1961 incl.
following
a
conference at his
Nat'l City Bank of N.
Y.,
of exemptions or otherwise, sub¬ 005,000 maturing Nov.
1, $236,- apartment, 820 Park Avenue.
'■>:
Kidder,
Peabody
&
Co.,
6,000 series B bonds,
penoms.
Eastman,
Dillon & Co.
jects to a Federal income tax the 000 in 1970, $240,000 in 1971,
"We intend to lay the facts be¬
& Campbell, Phelps & Co.,
$1,000 and $500.
Due April
interest on bonds of a class or $245,000 in 1972, $250,000 in 1973,
(No. bonds bid for, 738.2).
2.20%
100.109
fore responsible Federal ofifcials
15, as follows: $1,000 from
First Nat'l Bank of N.
Y.,
character
which includes these $255,000 in 1974, $258,000 in 1975, who are
1943 to 1945 incl. and $1,500
Lazard Freres & Oo., Gold¬
charged with the duty of
bonds, will, at the election of the $260,000 in 1976, and. $261,000 in
man Sachs & Co. and B.
in 1946 and 1947.
procurement and production," he
J. Van Ingen & Co., Inc.
purchaser, relieve the purchaser 1977, as 2s.
added. "We also expect to call the
2.30%
100.37
(No. bonds bid for, 738.2).
All of the bonds will be dated
from
his obligations under the
Blair & Co., Inc., Roosevelt
Other bids—Two other syndi¬ facts to the attention of President
&
Weigold,
Inc.,
H.
B.
April 15, 1942. Bidder to name a
terms of the contract of sale and cates competed for the $7,062,000
Boland & Co., Colyer, Rob¬
Roosevelt.
We hope the Federal
single rate of interest, expressed
inson
&
Co.
and
Macentitle the purchaser to the return series A bonds. A group composed
Government will utilize existing in a
Bride, Miller & Co. (No.
multiple of *4 or l/10th of
of the amount deposited with the of Phelps, Fenn & Co., Inc., Gold¬
bonds bid for, 737.2)
2.30%
100.22
production facilities and take up 1%. Principal and interest (A-O)
First
Boston
Corp.,
E,
H.
bid.
The city operates under the
man; Sachs & Co., Graham, Par¬ our excess labor supply and util¬
Rollins & Sons, Inc., and
payable at the Valley Stream Na¬
Second
Class
Cities
Law and sons & Co., A. C. Allyn & Co., Inc.,
Julius A. Rippei, Inc. (No.
ize, of course, existing industries, tional Bank & Trust Co., Valley
bonds bid for, 737.2)......
2.30%
100.14
Chapter 298 of the Laws of 1883, Bacon, Stevenson & Co. and As¬ such as the needle trades, before
Smith, Barney & Co., HarriStream, with New York exchange.
as amended. A certified check for
man
Ripley & Co., Inc.,
sociates, bid on a net interest cost constructing additional factories."
The bonds are unlimited tax obli¬
and Eldrcdge
& Co.
(No.
$35,840, payable to the city, is re¬ basis of about 1.988%. Shields &
bonds bid for, 733.2)
2.40%
100.69
gations of the village and the ap¬
Rome, N. Y.
Harris Trust & Savings Ek.
quired.
Co., of New York, in account with
and
White,
Weld & Co. A.
Bond Offering—W. S. Barber, proving legal opinion of Dillon,
(No. bonds bid for, 734.2). 12.40%
Hemphill, Noyes & Co., Horn100.55
Beacon, N. Y»
Vandewater
&
Moore
of New
Phelps,
Fenn & Co.,
Inc., w
blower & Weeks, Tucker, Anthony City Treasurer, will receive sealed
Estabrook & Co:, Stroud &
York City will be furnished the
Bond Offering—Warren C. Tay¬
& Co., Spencer Trask & Co., and bids until 3 p.m. (EWT) on June
Co.,
Barcus,
Kindred &
successful
bidder.
A certified
Co.,
and Fox,
Reusch &
lor, Commissioner of Finance, will others, bid on a 2.019% basis.
11 for the purchase of $294,000
Co.
(No.
bonds
bid
for,
check for $880, payable to order
receive sealed bids until 10 a.m.
not to exceed 6% interest coupon
736.2)
2.40%
100.3399
Granville, N. Y.
of The village, is required.
Halsey, Stuart & Co., Inc.,
(EWT) on June 17 for the pur¬
or
registered bonds, as follows:
Hemphill,
Noyes
&
Co.,
chase of $90,000 not to exceed 6%
Bond Sale—The $40,000 coupon
Geo.
B.
Gibbons
&
Co.
$133,000
public
works
bonds, Yonkers Municipal Housing Au¬
& First of Michigan Corp.
interest
coupon
or
registered or registered water bonds offered
series of 1942.
Due May 1, as
(No. bonds bid for, 736.2).
thority, N. Y.
2.40%
100.339
funding bonds. Dated June 1,1942. June 3 — V. 155, p. 2052 — were
Graham, Parsons & Co., Ba¬
follows: $12,000 in 1943; $13,Bond Offering — Matthew F.
con, Stevenson & Co., and
Denom. $1,000.
Due June 1, as awarded to Roosevelt & Weigold,
J. S.
000, 1944 and 1945; $15,000 in Kelly,
Rippell & Co. (No.
Executive
Director, an¬
bonds bid for, 736.2)..,..,
follows: $20,000 from 1943 to 1945 Inc., New York, as 2%s, at a price
2.40%
100.28
1946 and $16,000 from 1947 to nounces that the
authority will
Union Securities Corp., Hornincl. and $30,000 in 1946.
Bidder of 100.28, a basis of about 2.22%.
1951 incl.
blower & Weeks, H. L. Al¬
receive sealed bids at the Admin¬
len
&
Co.
and
to name a single rate of interest, Dated July 1, 1942 and due $2,000
Minsch,
61,000 funding bonds. Due May istration Building, Mulford Gar¬
Monell & Co.
(No. bonds
expressed in a multiple of
or on July 1 from 1943 to 1962 incl.
bid for, 737.2)...
2.40%;!: 100.15
1, as follows: $7,000 from 1943 dens, Loehr Place, Buffalo, until
1/ 10th of 1%. Prin. and int. (J-D) Other bids included an offer of
to
1950 incl.
and $5,000 in 10 a.m. (EWT) on June 11 for the
NEW MEXICO
payable at the Matteawan Na¬ 100.19 for 2i/2s by E. H. Rollins
1951,
refunding of $3,295,000 outstand¬
tional Bank, Beacon, with New & Sons, Inc., New York.
Cimarron, N. Mex.
43,000 school refunding bonds. ing bonds issued to aid in the fi¬
York exchange.
The bonds are
Due May 1, as follows: $8,000 nancing of project No. NY-3-1.
Bond Issuance Contemplated—
Hempstead (P. O. Hempstead),
general obligations of the city,
from 1945 to 1947 incl.; $9,- Each
N. Y.
Permission is said to have been
proposal
must
prescribe
payable from unlimited ad val¬
000 in
1948
and $10,000 in serial maturities for $3,295,000 re¬
given to this city recently, to is¬ orem
Offering of Park District Bonds
taxes, and the approving
1949.
sue
funding bonds on Nov. 1 of each
$600,000 water system pur¬
legal opinion of Dillon, Vande- —A. Holly Patterson, Presiding
chase revenue bonds.
57,000 general refunding bonds. year beginning Nov. 1, 1942, and
will receive sealed
water & Moore of New York City Supervisor,
Due May 1, as follows: $12,000 ending not later than Nov. 1, >1997,
will be furnished the successful bids until 11 a.m. (EWT) on June
NEW YORX
from 1945 to 1947 incl.; $11,- and shall designate "not more than
bidder. A certified check for $1,- 9 for the purchase of $60,000 not
000 in
1948 and $10,000 in $2,800,000 of said refunding bonds,
Albany, N. Y.
800, payable to order of the city, to exceed 6% interest coupon or
consisting
of consecutive serial
•:;f- 1949.
registered
East Atlantic Beach
Bond Offering — Lawrence J. is required.
maturities commencing with the
All of the bonds will be dated
Park District bonds.
Dated June
Ehrhardt, City Comptroller, will
Buffalo, N. Y,
1, 1942. Denoms. $1,000 and $500. May 1, 1942. Denom. $1,000. Bid¬ fjrst maturity, as Series A bonds,
sell at public auction at 11 a.m.
provided that no bonds maturing
Certificate Sale—The $3,650,000 Due Dec. ;1, as follows:
$2,000 der to name a single rate of in¬
(EWT) on June 16 a total of $1,after Nov. 1, 1979, may be in¬
from
1943
to
1946 incl.; $2,500 terest, expressed in a multiple of
792,000 not to exceed 6% interest tax anticipation certificates of in¬
cluded as Series A bonds.
All
from 1947 to 1950 incl. and $2,000 i/4 or l/10th of 1%. Prin. and int.
coupon or registered bonds, as fol¬ debtedness offered June 4—V. 155,
bonds which are not sold as Series
Bidder to (M-N) payable at the Chase Na¬
lows:
p. 2052—were awarded to the Na¬ from 1951 to 1971 incl.
A bonds will be Series B bonds,
name
a
single rate of interest, tional Bank, New York City. The
$478,000 debt equalization bonds, tional City Bank of New York
will
be
issued
to
the
Federal
bonds are general obligations of
1942
series, issued for the and the Manufacturers & Traders expressed in a multiple of % or
Public
Housing Authority,
and
l/10th of 1%. Principal and in¬ the city, payable from unlimited
in joint ac¬
purpose of equalizing or re- Trust Co., Buffalo,
will bear interest at the rate of
ad
valorem taxes.
A certified
during the annual debt serv¬ count, on a bid of $0.58% interest, terest (J-D) payable at the Sec¬
3% per annum.
Each proposal
check for $5,880, payable to order
ice. • Due June 1, as follows: plus a premium of $68.
Dated ond National Bank & Trust Co.,
that
the $402,000
400,000
»
—
-
,
,
.
<
®
Volume 155
:
v
must
of
V ■•••.
.
'
Number 4079
V--
'
prescribe the
interest
ing
of
the
bonds
the
ma¬
$3,295,000
be
that: The annual
absorb
is
the
nual
amount
of
such
nearly
as
sum
refund¬
arranged
so
charge of prin¬
cipal and interest
will
rates
or
borne
THE COMMERCIAL & FINANCIAL CHRONICLE
'
by
shall
ticable the
-
The annual
Series A bonds.
turities
rate
be
to
"
.
as
prac¬
payable to the
Authority by the Federal Public
Housing Authority under and sub¬
ject to the terms and conditions
of
a
contract
the
(as amended before
issuance
bonds)
of
known
the
refunding
the "Assistance
as
Contract"; No Series B bonds shall
mature until the Nov. 1
following
maturity of Series A
bonds; and the amount of bonds
the
last
in any maturity of Series A bonds
shall not be less than the amount
of bonds in any preceding ma¬
turity of Series A bonds.
dated
May 1,
1940.
Series A
bonds will be in the denomination
of
$1,000 each and
at the rate
the
bidding,
nually
the
bear
interest
rates determined in
or
payable
semi-an¬
May 1 and Nov. 1 from
on
interest
payment
date
next
preceding the date of their deliv¬
ery.
Both principal and interest
will be payable at the principal
office of the Manufacturers Trust
Company in the City of New York,
N. Y., Fiscal Agent of the Au¬
thority (or at the principal office
of
fiscal agent ap¬
pointed pursuant to the resolution
authorizing the refunding bonds).
any
presented
1945
for
in
payment
the
usual course.
2.4%
would
on
to
1957, said Auditor J. B.
Schmidt.
Purchased
the
call
—
In
on
May 29, of the refunding bonds,
it - is
stated
by Curtis Bynum,
Secretary of the County Sinking
Fund Commission, that the fol¬
lowing bonds were purchased by
their respective funds:
County of Buncombe refunding,
Dated
1, 1942, and due $1,000
1943
to
1947
incl.
April ments and other items, that the
1 city is "insolvent" and in default
Oct.
on
Second
successor
Cincinnati.
Akron, Ohio
Bond
It
-Other bids:
Sale—The
$964,000 cou¬
pon refunding bonds offered June
1—v. 155, p. 1885—were awarded
to a syndicate headed by
Fox,
Bidder—
J.
Int. Rate
Co
$19.00
Said Series A bonds will be
re¬
26
at
place of
Co., Field, Richr-ds & Co.,
Cleveland Corp. and Hawley,
pur¬
chaser's choice.
Bidders
&
requested to name
the interest rate or rates, not ex¬
ceeding 6% per annum in mul¬
tiples of V4 of 1%
Each bid may
are
01
the
of
Ramey is President,
refinance by issuing
T.
to
Leander Hall, Hominy, is
attorney for Jennings.
Okmulgee, Okla.
Bond
Sale
missioner
;he
Details—The
of
Finance
$250,000
Com¬
states
bonds
that
purchased
jointly by R. J. Edwards, Inc., and
;he
First National
Bank
&
Trust
Co.,; both of Oklahoma City, at
net
interest cost of about
—v.
155,
1966—were
p.
"
follows:
a
1.99%
sold
-
as
\
,
$185,000 airport bonds, of which
$78,000 are 2s, due $26,000 in
1945 to 1947; $52,000 as
2Vis,;;
due $26,000 in 1948 and
1949,
and $55,000 as IV2S, due
$26,-
000
in
1951.
65,000
1950,
and
$29,000
in
•
water
works
extension
bonds, of which $27,000 are
2J,£s, due $9,000 in 1945 to;
1947; $18,000 as 2V4S, due $9,000 in
1948 and 1949, and
$20,000 as lVfcs, due $9,000 in
1950, and $11,000 in 1951.
Wagoner, Okla.
Bond
Election
Canceled
—
In
connection with the election which
scheduled for May 27, to vote
the following bonds aggregat¬
on
Wichliffe, Ohio
Co., Inc., Illinois Co.
Chicago, Martin, Burns & Corbett,
of
$670,261,'
years.
was
100.819
Stur.vt &
most
was
the
$51,945 in bonds to mature in 26
sioner Of the Treasury.
Shepard
Co.
Halsey,
■
First
E.
proposes
Toledo, Ohio
,
ft
time
;
.
of
is only $55,406.
Board
of
Trustees,
now
which
....
;
'.y
evaluation
issued
2.75
*
Vp/o
the
were
The
Premium
lVa%
ll/2%
Weil, Roth & Irving Co
First Nat'l Bank of Norwood
Reusch &
at
,
'
White &
A.
■
June
assessed
bonds
Co.,. Cincinnati, and in¬
Bond Offering — Rudy
Klein,
cluding William J. Mericka & Co.,
City Auditor, will receive sealed
Cleveland, Pohl & Co., Season- bids until noon on June
23 for the
good & Mayer, and P. E. Kline,
purchase of $83,740 3% coupon
Inc., all of Cincinnati; the Com¬
$55,000, at 38.70.
oonds, as follows:
i
City of Asheville general re¬ merce Union Bank, of Nashville;
$35,000 sidewalk bonds. Due July
Katz & O'Brien, of
funding, $43,000, at 38.70.
Cincinnati;
1, as follow^: $17,000 in 1944
City of Asheville Local Tax Fullerton & Co., Columbus; Baum,
;! and $18,000 in 1945.
School District refunding, $9,000, Bernheimer & Co., Kansas City;
48,740 sewer bonds. Due July 1,
Glover & MacGregor, and
at 38.70.
Moore,
as follows:
$12,740 in 1944 and
Various
Schools
and Sanitary Leonard & Lynch, both of Pitts¬
$12,000 from 1945 to 1947 incl.
Districts
refunding, $10,000, at burgh, on a bid of 100.59 for 2s,
All of the bonds will be dated
a
basis of about 1.89%.
various prices.
Dated
July 1, 1942.
One bond for $740,
June 1, 1942, and due Oct.'
1, as others
Cabarrus County (P. O. Concord),
$1,000 each. Prin. and int.
follows: $97,000 from 1943 to 1946
N. C.
payable at the Chemical
incl. and $96,000 from 1947 to 1952 (J-J)
Bond Offering—Sealed bids will
Bank & Trust Co., New York
City.
incl.
Second high bid of 101.04
be received until 11 a.m. (EWT),
All proceedings incident to the
for 2Y4S was made
by a group
on
June 9, by W. E. Easterling,
proper authorization of these is¬
composed of the Ohio Co. of Co¬
sues will be taken under the di¬
Secretary of the Local Govern¬
lumbus, Stranahan, Harris & Co.,
ment Commission, at his office in
rection of a bond attorney whose
Inc., Otis & Co., McDonald-CooRaleigh, for the purchase of $13,r
opinion as to the legality of the
lidge & Co. and Merrill, Truben
000 school building bonds.
bonds may be procured
Dated &
by the
Co.
Other bids, also for 2
V4S, purchaser at his
June 1, 1942.
Due $1,000 from were
expense.
The
as follows:
June 1, 1943 to 1955 incl. Denom.
bonds
may
be
exchanged
for
Bidder—
Rate Bid
bonds registered as to
$1,000.
Coupon bonds, register- Provident Savings Bank & Trust Co.,
principal
able as to principal alone. Prin. Assel, Kreiiner & Fuller, Freed & Harand interest at the
request of the
rjson,
Hayden, Miller & Co., Ryan
and int. (J-D) payable in New
owner.
Sutherland & Co.,
Enclose a certified check
VanLahr, Doll &
Isphording and Weil, Roth & Irving
York City;
for 1% of the amount of bonds
general obligations;
Co
100.83
unlimited
bid for, payable to the Commis¬
tax;
delivery
on
or Braun, Bosworth & Co., Fahey, C'ark
about
bond payments.
on
high bid of 100.38 for 1V2S was
The
by J. A. White & Co. of town
OHIO
connec¬
for tenders
basis of about 1.23%,
from
made
(P. O. Asheville), TV. C.
:
Bonds
which
maturity dates from
Buncombe County
tion with
warrants
new
carry
,
All of said refunding bonds wilt
:
be
of
bonds
of $118,300 which
of the Fixed An¬
Contribution
the bonds, for payment, or, if de¬
tached from the bonds, may be
2141
Tenders Wanted
C. B. Lee, ing $78,110, the City Clerk states
Village Clerk, will receive sealed that the election was canceled be¬
cause
of
Harrison, Ohio
tenders of refunding
non-approval
by
the
bonds, dated
date prior to their maturity as a
Bond Offering—Fred J.
Jaisle, Oct. 1, 1936, until noon on June Federal Government: $40,000
whole, or in part in the inverse name one rate for part of the Village Clerk, will receive sealed 27.
Series
and
bond
numbers sewage treatment plant, and $38,order of their numbers, at a re¬ bonds (having the earliest mature bids until 8
p.m. on June 12 for shall be stated
and no
interest 110 sanitary sewer construction
demption price of par and accrued ities), and another rate for the the purchase of $6,000 3% sewer shall accrue
after July 1, 1942. bonds.
interest to the date of redemption, balance, but no bid may name bonds. Dated June
15, 1942. De¬ Bonds will be purchased at the
plus a premium of 4% of their more than two rates, and each nom. $600. Due $600 on Oct. 1 lowest
OREGON
price offered to the extent
bidder must specify in his bid the
from 1943 to 1952 incl.
par value if redeemed on or be¬
Interest of
Klamath Falls, Ore.
approximately $22,000 avails
amount of bonds of each rate. The A-O. A
fore May 1. 1947, or a premium
certified check for $100, able therefor.
Bond Call—City Treasurer Ruth
of 3%% of their par value if re¬ bonds will be awarded to the bid¬ payable to order of the
village, is
O. Bathiany is said to be
der
calling
Zanesville City School District,
offering
to
purchase
the required.
deemed thereafter but on or be¬
for payment on July 1,
refunding
Ohio
fore May 1, 1952, or a premium of bonds at the lowest interest cost
to the county, such cost to be de¬ Lucas County (P. O. Toledo), Ohio
Bond Sale
The $19,500 de¬ improvement, series D bonds,
3% of their par value if redeemed
numbered from 251 to 350.
Op¬
Bond Offering — Adelaide E. linquent tax bonds offered June 1
thereafter but on or before May 1, termined by deducting the total
tional
on
any
interest payment
amount of the premium bid from Schmitt, Clerk of the Board of —v. 155, p. 1966—were awarded
1957, or a premium of 2xk% ol
date, on or after Jan. 1. Payable
the aggregate amount of interest Commissioners, will receive seal¬ to the Ohio Co. of
their
deemable at the option of the Au¬
thority
on
interest
any
payment
and
Mullaney,
Ross
&
Co
—
100.35
.
—
on or
before May 1,1962,
premium of 2% of their
a
or
Value if redeemed
on
before
or
premium
value if redeemed
par
thereafter but
May
1 %%
of
Columbus,
if redeemed there¬
par value
after but
1, 1967, or a
of their par
thereafter but
all of the bonds until their
upon
respective maturities.
No
bid of
less than par and accrued interest
will be entertained.
Bids
be
required
are
furnished
formation
with
and
on
forms to
additional
each
bid
must
in¬
be
or before May
1, 1972, or a
accompanied by a certified check
premium of 1% of their par value
upon
an
incorporated bank or
if redeemed thereafter.
on
.<
The
refunding
bonds
will
be
general obligations of the Author¬
ity secured by a first pledge of the
net
derived
revenues
operation
of
the
from
project
the
and
on
after the
date of delivery of the
refunding bonds and by a pledge
of
the
annual
contributions
able to the Authority by
eral
pay¬
the Fed¬
Public
Housing Authority
with respect to the project on and
after such date under and subject
to the terms and conditions of the
Assistance
Contract.
Under
•
the
provisions of the Assistance Con¬
tract
and
the
resolution
author¬
interest
of
same
and
mature
principal
on
the
as
Series
the
B
bonds.
Opinion of Hawkins, Delafield & Longfellow of New York
approving the validity of the Se¬
ries
the
A bonds will
until
10
a.m.
(EWT)
on
bonds.
Dated June 30, 1942. Due
Sept. 30, as follows: $3,830 in 1943;
$4,000 from 1944 to 1946 incl. and
$5,000 from 1947 to 1949 incl.
Principal and interest (M-S 30)
payable at the County Treasur¬
furnished the purchaser.
In
the
event
that
ledo
prior to the
delivery of the bonds the income
received
by private holders from
bonds of the
same
type and char¬
acter
shall
be
taxable
by the
terms of any Federal income tax
law, the successful bidder may,
at his
election, be relieved of his
obligations under the contract to
purchase
the
bonds
and
in
such
the deposit accompanying his
bid will be returned.
bonds
water
will
voters at
an
be
supply
project
submitted
to
the
election scheduled for
June 30, it is said.
NORTH
quired to take tip and pay for said
promptly on that date and
bonds
payment for
in cash
a
bank
or
same
by
certified check
a
doing
shall be made
a
DAKOTA
Mueller
Section
with
the
2293-20
of
provisions
The
ac¬
of
General
Code of Ohio.
A complete tran¬
script of all proceedings, relative
to the issuance of said bonds, up
to the date of sale
thereof, is now
on'file in the office of the County
Commissioners for inspection of
.
Oct.
of
,
'
n.-i-J
i 'J i. n*
.
P {
;'k
v
A.
Pchl
Int. Rate
White
&
&
Co
li/4#
n/4%
Co....,
Stranahan, Harris &
Weil, Roth & Irving
Co
l»/4%
l\'2'/o
Co
Premium
$70.19
65,00
38.00
104.00
■'♦.vHi*' J
,V
v»ls
''Lv■
*
Jones
an
May 29—v. 155,
on
awarded
Co.
of
to
the
Oklahoma
p.
1966
Taylor-
City,
on
interest
cost basis of about
Due $8,000 in 1945 to 1955,
1.65%.
and
$12,000 in 1956.
Bond Sale Rescinded—In con¬
nection with the sale of the
$30,000 refunding sewer bonds to the
U. S. National Bank of
Portland,
Chickasha, Okla.
Bonds Voted
1
from
1942
to
1946
Bank
divided
as
the First Na¬
Portland, at par,
IV2S,
due
$3,000 from May 20, 1943 to
1949, the remaining $9,000 as VAs,
$3,000 on May 20 in 1950 to
1952. Interest payable M-N.
At the election
—
of
follows: $21,000 as
PENNSYLVANIA
on
Bond Offering—Sealed bids will
be
award the bonds to
tional
due
May 26 the voters ap¬
of
all
proceedings, evidencing the proved the issuance of $50,000 hos¬
regularity and validity of the is¬ pital site purchase bonds by a
suance of said
bonds, will be fur¬ count of 1,772 to 11.
Hazen, T. G. Evensen incl.
1, at the Chase National Bank, of Minneapolis, and H. A. Kluver
New York City, at par and ac¬ of Minot, jointly, and a
Norwood, Ohio
group of
crued interest.
Minneapolis bond houses, includ¬ '■ Bond Sale—The $5,000 coupon
Dated July 1, 1935.
Com¬ park ^ and
All bonds ing the Allison-Williams
playground
improve¬
must be accompanied by all cou¬ pany and the First National Bank ment
bonds
offered'- June
1—v.
pons for interest
accruing after and Trust Company.
Chairman 155, p.
1966—were awarded to
July 1, 1942. Coupons for interest G. O. Brekke said the Mueller Seasongood & Mayer of Cincin¬
due1 July 1. 1942, of the appur¬ plan was the most definite. It
pro¬ nati, as DAs. at par plus a pre¬
tenant bonds may be attached to vides for an average interest rate mium of
$3.85, equal to 100.077, a
.(>• <
tv
^ i t;
Other bids:
Bidder—
held
»
July
1.11%.
1944 to 1947 incl.
J.
on
regular banking
A
business in the City of Toledo.
complete certified transcript
all persons interested.
Minot, N. Dak.
Warrant Refinancing Planned—
Middletown, Ohio
Bladen County. (P. O. Elizabeth- Three proposals for handling the
Bonds
Sold—tC. H.
Campbell,
town). N. C.
refinancing of $800,000 of Minot
City Auditor, reports that an is¬
:
Bonds Called—It is slated by special improvement warrants
sue
of $5,000 special- assessment
D.
M.
Calhoun,
Clerk $ of the were opened by the City Council street
improvement bonds will be
County Board of Commissioners, Finance
Committee,
and
were
purchased by the City Treasury
that road refunding bonds of vari¬ taken under advisement. The pro¬
Investment Committee.
Due $1,ous
townships in the county are posals were submitted by H. E. 000 on
on
a
about
—were
re¬
CAROLINA
being called for payment
^s, at
for sale
June 30.
cordance
Wilmington, N. C.
$600,000
on
The succesful bidder will be
nished the succesful bidder in
Bond Election—The issuance of
purchaser without charge.
NORTH
as
at the State's fiscal
agency in New
price of 100.46, a basis
York City, or at the
City Treas¬
Dated May 15,
urer's office.
1942 and due Sept.
15, as follows:
$3,500 in 1943 and $4,000 from
Pendleton, Ore.
l
of
—
delivered to
be
bids
as
1.40s, at 100.073, a basis of
company, payable uncondi¬ er's
office.
A
about 1.38%—v. 155, p. 2054—it is
certified
check
OKLAHOMA
tionally to the order of the State drawn on a Toledo banking house
now stated
by the City Recorder
Ardmore, Okla.
Treasurer, for $260. The approv¬ for 1% of the bonds must accom¬
that, due to a misinterpretation
Bond Sale
The $100,000 air¬
ing opinion of Masslich and Mit¬ pany the bid. Bonds will be de¬
of the bid, the City Council had
chell, New York City, will be livered at the Court House in To¬ port site purchase bonds offered to rescind its original action and
trust
case
izing the refunding bonds the an¬
nual contributions so pledged shall
be applied first to the payment
ed
June 24 for the purchase of
$30,830
2%
local
sanitary
sewer
received
until
7.30
p.m.
on
BosweU School District, Pa.'
Bonds Approved—The
PennsyL,
vania Department of Internal Af¬
has
approved an issue of
fairs
$15,000 refunding bonds,
June 11, by Gilbert R. Creaddock,
Duncansville, Pa.
Bonds Voted—At the May 19
Qity- Clerk, for the purchase of
$50,000 hospital bonds.
Lowest primary election the voters ap¬
interest
rate
the
mine
at
will
par
award.
1947 to 1956 incl.
Due
proved
deter¬
$5,000
an issue of $25,000 reser¬
voir construction bonds.
in
Certified check
Johnstown, Pa.
for 2% of the bid is required.
Traction Purchase Legally Pos¬
El Reno, Okla.
Bonds Not Sold—The City Man¬
ager
sible—Solicitor
Frank P.
Barnhart is reported to have issued an
informal
states that the $15,650 Pav¬
ing District No. 19 bonds offered
on Jan. 26, were not sold.
opinion- several weeks
stating that the city legally
ago
may
acquire the Johnstown Trac¬
tion
Jennings, Okla.
Refinancing
Sought—The
PI
Tulsa
a n
Company through creation of
a
municipal authority under the
Approval provisions
of
the
1933
Statef.
■
"Tribune"
'<
of
statute.
May 22 carried the following re¬
port: The Town of Jennings, five
miles
north
of
Oilton
in
Lackawanna County (P, O,
Scranton), Pa.
Pawnee
May Issue Bonds—The county
County, today filed a petition ask¬
ing Federal District Court ap¬ may be obliged to issue bonds toi.
proval of a plan of refinancing its repair bridges and roads damaged
bonded debt.
The
'
.
in
the
recent
flood,
petition stated that this anticipated
cost,
part of < it dating back to about $300,000, is
debt,
1913, is $86,575 plus interest, judgr• i
» 1 •
.T.v<7
..
.'
s
i:.
-
mo.
/
-ir.t
state.
■14
unless the
estimated
at
borne by
'A>a":■ 4A
.
; t.-'j
*
5
' I
"JO
•»
I
the
:
-
CHRONICLE
THE COMMERCIAL & FINANCIAL
2142
•
Logan
Township School District
(P. O. Lakemont), Pa.
1
j|
1
•
Bond
Witkes-Barre, Pa.
SOUTH
j
Offering—Lucius K. Eld-
DAKOTA
Corson County (P. O.
S. Dak.
Mcintosh),
$40,000 4M>%" ridge, City Clerk, will receive;
v./!
sealed bids until 10 a.m. on June'
dated July 15, 1922,
Bond Offering—Both sealed and
23 for the purchase of $330,000 |
due July 15, 1952, and callable at
oral bids will be received until
coupon, registerable as to princi-1'
June 22, at 1 p.m., by Fred Bieber,
any time after July 15, 1942, have
pal
only,
improvement 'bonds.
been called for payment on the
iCounty Auditor, for the purchase
Dated
June
15,
1942.
Denom.
latter date. An issue of $40,000 re-.:
of a $296,000 issue of refunding
$1,000.
Due June 15, as follows:,;
funding 3s was awarded May 12
bonds. Denom. $1J)00., Dated July
$15,000 in 1944; $16,000, 1945 to
to S. K. Cunningham & Co., Pitts¬
1 1942.
Due on Jan. 1 as follows:
1948 incl.;, $17,000, 1949 to
1952
burgh.—V. 155, p. 1886.
t,- ///
:$8,000 in 1943, $15,000 in 1944 to
Inch; $18,000, 1953 to 1956 inch;
'1961
and $18,000 in 1962.«
The
Olyphant School District, Pa. - «4 $19,000, 1957 to 1960 inch; $20,000
Board will consider bids for bonds
Bid¬
Bond Offering—District Secre¬ in 1961 and $15,000 in 1962.
with option of redemption 5 years
der to name one of the following
tary will receive sealed bids un¬
from date and also for bonds with
rates
of interest for the entire
til 8 p.m. (EWT) on June 16 forj
of redemption 10 years
issue: 1%, iy4%, 1%-%, 13A%,2%, •option
purchase of $110,000 not to ex-;*
from date and reserves .the right
Inter¬
ceed 4%%.interest refunding and; .21/4%, 2y2%,.2%% or 3%.
;to determine at the .time of sale
est J-D.
The bonds and the in¬
funding bonds, dated June 1, 1942;'
terest
thereon will be
payable which type will be for the best
and due on Dec. 1 from 1943 to*
Call —The
Bond
4
.1951 incl.
inheri¬
taxes, except succession or
r
Pennsylvania (State of)
■
tance
taxe6,
now
hereafter
or
Fiscal Year levied or assessed thereon under
Surplus—Pennsylvania closed its any present or future law of the
fiscal year May 31 with a surplus Commonwealth, all of which taxes
of $12,760,000, according
to an¬ the city assumes and agrees to
nouncement by Governor James, pay.
Payable from ad valorem
who pointed out that "for the first taxes, within the taxing limita¬
time in many years Pennsylvania tions placed by law upon cities
reached the end of a fiscal period of the third class. The enactment,
with its books in the blue instead at any time prior to the delivery
of the bonds, of Federal legisla¬
of in the red."
"Present indications," the Gov¬ tion which in terms, by the re¬
ernor said,
"are that the regular peal or omission of exemptions or
session of the Legislature next otherwise, subjects to a Federal
Reports $12,760,000
have
will
a
pleasant
and
income
the interest
tax
bonds
on
interests
1956
L
'
i
Sch. Dist. i (P.
Haskell), Texas
O.
,
Bond Sale Details—The
states
-
Secre¬
Education
1
155,
1943
chins will receive sealed bids
3%s—
as
1887—were sold at a
price of 102.00, a basis of about
:2.98%. Due $1,000 on April 10 in
V.
§
1957 incl.
//////'■ San Antonio, Texas
j. Bond Issuance Not Scheduled—
$60,000 public improvement bonds.
Due on June 1; $2,000 in 1947
to
1949, $5,000 in 1950 and'
been
ex¬
most unusual task,
that of decid¬ of
a
class
character which in¬
or
Bond
.
priation of $15,000,000 assured for for 2% of the bonds, payable
the State Department of Public to order of the
City Treasurer, is
Assistance, possible increased re¬ required.
lief grants again were being con¬
sidered. The Governor frequently has
"hope" that
but has
the
expressed
grants could be increased
persisted in refusing to consider'
any such boosts until the end of:
the fiscal
year was
reached.
predicted," the Gov¬
ernor
said in his fiscal year-end
announcement, "is now
costing
"Relief,
as
than $5,000,000 a
appropriation will
build up the funds available for
relief
sufficiently so that there
the
less
State
month.
This
appears no
their
danger whatsoever of
failure
to
time next Spring
last
until,
and,
on
some
the face
it, and despite the long series
predictions to the contrary, ap¬
pears to me to complete insurance
that my term of office will end
without one single cent of new
taxes."
* *
of
of
Philadelphia, Pa.
v
Bonds Exchanged
Drexel
—
&
RHODE. ISLAND
1951, and
$2,000 in 1950 and
$3,000 in 1952 to 1962.
,
Interest
21/2%
rate
Dated
000.
of
rate
1,
exceed.
$1,1942. Said
be
in
is not to
,
payable
J-D.
June
interest
to
Denom.
a
mul¬
of all of the bonds.
changed at par for a like amount tiple of l/20th of 1% and must
The county will furnish printed
•of iSeries
D and E refunding be the same for all of the bonds.,bonds : and the approving ; legal
bonds.
No proposal
will be considered
opinion of Fletcher, Dorsey, Bark¬
These, bonds are part of an unless it offers to purchase all of
er,
Colman & Barber, of Min¬
$108,000 issue, the remainder of the bonds and the price offered
neapolis.
A certified: cheek for which will be exchanged in the
must not be less than par and ac¬
$10,000, payable to the county, is near
crued interest, The bonds will be
future./
.
required.
,
,
Bonds Purchased—It is report¬ awarded to the bidder offering
Sioux Palls, S. Dak.
ed by City Secretary Otis W. De the lowest rate of interest with-,
and to sell part
pon
these
cludes
:
40,000 refunding bonds. Due on
June 1; $1,000 in 1947 to 1949/
bonds.
have
1952 to
' /,-
1962.
Commissioners on the pro¬
posed issuance of $61,000 revenue
payable at any suitable bank or
Waco, Texas
trust company designated by the
'/'Bonds Exchanged — The City
succesful bidder.
The right is re¬
Secretary states that $61,000 2 Y2 %
served to reject any and all bids
and $4,000 in
1951,
City
bonds
p.m.
■000:
The vCity Clerk states that no ac¬
tion has been taken as yet by the
auditorium
un¬
(EWT) on June 18,"
for the purchase of the following
coupon bonds aggregating $100,-
Sale—-The $350,000 cou¬ Hay that a block of $123,000 out of
semi-ann. airport real estate the $210,000 refunding bonds have
bonds, will, at the
ing which of Pennsylvania's var¬
been purchased by the interest
election of the purchaser, relieve purchase bonds offered for sale
ious taxes
are
the ones which
on June
1—v. 155, p. 1967—were and sinking fund. The bonds bear
the purchaser from his obligations
should be reduced."
awarded to a syndicate composed ;2% interest and were purchased
under the terms of the contract
Governor James revealed that(
of the First National Bank, the at par.
It is hoped to complete
of sale and entitle the purchaser
he was preparing to take advan¬
Harris
Trust &
Savings Bank, the refunding in the near future.
to return of the amount deposited
Of the auditorium bonds, the
both of Chicago, the C. S. Ashtage of a special 1941 contingent, with the bid.
Issued subject to
appropriation of $15,000,000 for, the favorable opinion of Town- mun Co. of Minneapolis,; the City city to date has exchanged $61,000
relief purposes.
National*.Bank & Trust Co. of of the $108,000 bonds for Series D
On the basis of
send, Elliott & Munson, of Phila¬
accumulations to date, he said/
Kansas City, and Park-Shaugh- ;&nd E Refunding bonds, bearing
delphia, and will be delivered to
"it is obvious that the $15,000,000
the same rate of interest and the<
the purchaser only if and after nessy & Co. of St. Paul, as 1%'s,
excess (needed for the contingent
'same maturity date.
It is also
the proceedings authorizing the is¬ paying a premium of $2,676, equal
relief
appropriation)
will
be suance thereof have been ap¬ to 100.764, a basis of about 1.40%. hoped that the remainder of the
reached."
Dated June 1, 1942. Due on June 1 issue will be exchanged in the
//
proved by the Department of In¬
near future.
With the supplemental appro¬ ternal Affairs. A certified check in 1943 to 1957.
year
7.30
til
p.
to
the
Suffolk, Va.
Bond Offering — Acting City
Manager J. C. Causey, Jr., states
that City Clerk Charles L. Hut-
purchased by the State
of
Board
.
manu¬
VIRGINIA
:.
the Board of Education
that the $15,000 construc¬
tion bonds
the
by
.
tary .of
specified by the suc¬
interest to he
cessful bidder. Prin. and int. (J-J>
on
Haskell Jndep.
Rate of
of the county.
April 1 in 1943 to dealer's customer
incl.v Interest payable A-G. ; facturer.'
I Due
par.
school bonds,
without deduction for any tax or
directly / to
by, three Corpus Christi banks, at acknowledged
•
,
Monday, June 8, 1942
v
..
The
.$50,000 coupon semi-ann.
improvement bonds of¬
fered at the same time—v. 155, p.
UNITED STATES
airport
•
awarded
1967—were
Co.
&
Dalton
of
Gefke-
to
Sioux
-
*
Falls,
v
as
State
Revenues
Show
Taxes
two
highest premium.
accrued in¬
from the date of the bonds
Purchasers
terest
Tobacco
tobacco
reflecting the
From
must pay
Prin. and
to the date of delivery.
payable at the City Treas¬
urer's office.
Registerable as to
int.
principal only.. The bonds are ex¬
city taxes and no
empt from all
specific property tax is imposed
thereon by the State under exist¬
The enactment at any
ing laws.
prior to the delivery of the
bonds of Federal legislation which
time
by the repeal or omis¬
exemptions or otherwise/
terms,
sion of
Rise—State
bidders
more
or
der offering the
in
United States
-
premium, and if
offer the'
same
lowest rate of interest, the
bonds will be awarded to the bid-,
out reference to
subjects to a Federal income tax
the interest on bonds of a class or',
character
which includes
these
1Y2s, paying a premium of $526,
tax collections are
bonds, will, at the election of the
equal to 101.052, a basis of about
Bond Sale—The issue of $100,- 1.37%.' Dated June 1, 1942. Due 17% climb in the national- con¬ purchaser, relieve the purchaser
sumption of cigarettes during the from his obligations under the
ron June 1 in 1943 to 1957. •>' •
000 coupon highway bonds offered
first nine months of the 1942 fiscal terms of the contract of sale and'
May 28—v. 155, p. 1967 — was
TENNESSEE
year,/information from the Fed¬ entitle the purchaser to the return
awarded to Halsey, Stuart & Co.,
eration; of
Tax
Administrators of the amount deposited .with the
Inc., New York, as 2s, at a price ( Knox' County (P. O. Knoxville),
showed on'June I.
bid.
No contest has ever been,
of 101.197, a basis of about 1.87%.
Tenn.
/ Reports from eight of the 26
made of this issue, nor any pre¬
Dated June 1, 1942, and due $5,i
Bond Suit Hearing Scheduled— States which tax cigarettes and
vious issue, 'nor/has any default'
000 on Jurie 1 ifroih 1943 to 1962
A suit in which the above county
Other forms of tobacco show in¬ ever been made or attempted in
inch .Other; bids:
seeks to collect principal and in¬ creases in revenues ranging from
the payment of principal or in-,
-Bidder-—
Int. Bate Rate Bid
terest on $560,531 worth of bonds
.Harris Trust & Savings Bank
2'i
100.539
:9% in New York to 133% in Okla¬ terest of any bond issue of the
Harriman Ripley & Co., Inc.,
now
amounting/ to
about homa. I Oklahoma's
rise
was
and
Arthur Perry & Co...
2%
100.346
city.
The successful bidder will'
$900,000—from Fourth and First brought about partly by new taxes
First Nat'l Bank of Boston..
2<fe
100.10
be furnished with the opinion of
Z. F.- Childs & Co.2W&
IOC.65
National Bank, Inc., liquidating and
higher rates.
Sstabrook
&
Co....
2\\
100.14
Reed, Hoyt, Washburn & Clay of
i agents for the Fourth 'apd First /Tobacco tax.yields for the eight
New York,
that the bonds are',
West Warwick, R. I.
National Bank, is scheduled to be
States and their percentage of invalid.and legally binding obliga¬
Approves
Borrowing — The heard in Davidson County Chan¬ tCrease bvefr 1941 were as follows;
tions of the city and that the city
Town Council recently authorized
cery Court at Nashville, June" 15,
/ "
'
•
ck Incr.
is authorized and required by law;;
State—
Collections
Over 1941
Madeline F. Duffy, Town Treas¬ with Judge John E. Swepston, of
to levy on all property taxable by^
Connecticut
*$3,085,000
18
County
(Memphis), as¬ Louisiana"*.
urer, to borrow $100,000 on four Shelby
......'
**4,306,000
19
the city such ad valorem taxes as
Maine
1,984,000 :
t ;■
1942
tax / anticipation
notes of signed to hear it. This assignment Massachusetts
' ♦*5,543,000
12
may
be necessary to/pay the
$25,000 from the Union Trust Co. was made by Chief Justice Graf¬ New York
: 19,932,000
9
bonds and the interest thereon
3,464,000
133
of Providence, at 0.70% discount. ton Green to avoid any feeling of Oklahoma
Tthcde Island.
1,082,000 ;
.13 '
without limitation as to rate or
Each note is to be dated June 5, prejudice on the part of the prin*- Tennessee^.'.;....;....
♦3,106,000
18
amount. Enclose a certified check
To May I,. 1942.,.
:.
1942, and mature on Nov. 5, 1942. cipals in the case. - The case,, now
•♦'To March 1,'1942.
' '•
for $2,000, payable to George S.
13 years old, with Knox County ^ fJEffectave April, <1941.
*
•
Swain, City Treasurer.
•having collected only $175,000 to :■*} Among the tobacco tax States
SOUTH CAROLINA
Virginia (State of)
,
date, is expected to attract wide not included in the table, Ken¬
Camden, S. C.
New Treasurer Assumes Office
attention.
'
tucky, Mississippi and Wisconsin
Cranston,
R. I.
—
.
*
.
,
............
.
............
Co.
Philadelphia and Lehman
of New York, joint managers
of
Bros,
of the
$131,064,000 bond exchange
group, announced that during the
period May 1-May 15 an addi¬
tional
$93,000 bonds were ex¬
changed,
increasing
the
grand
total to $81,952,700.
This includes
........
,
t
Bond Call—Louise
City
Boykin,
W.
The
litigation grew out of the
during the
years
of the ^depression.
County Court had issued
states
Lea-Caldwell debacle
total¬
early
ing $200^0.00, are being called for
Borrowing Unopposed—The Le¬ payment on July 1, at par and
high County Court indicated May accrued interest.- Dated July 1,
Due on July 1, 1962.
26 that no objections had been 1922.
filed to the township's plan to is¬ 1
For some years the City Treas¬
Knox
series
A, B, J, L, M, N and P.
■»*
Clerk
and
Treasurer,
ithat 5% street paving bonds
Salisbury Township, Pa.
'
sue
$10,000 bonds under the mu¬
nicipal borrowing Act of 1941.
Shenandoah
Voted—At
Bonds
primary
the
an
issue
19
of
Grove), Pa.
Bonds Available For
district
to
is
arrange
ing agent.
Interest
as
ceases
Sale—The
seeking a bond house
for the sale, at 4V2%
interest, of the $59,000
15 years.
Ban
—
An
$500,000 in bonds for the Henley
.
reported gains for March,- 1942,
against March, -1941.
The per¬
centage increases were 16, 9 and
8, respectively.
•
-:
State tobacco tax
Bridge which were placed in the 1940 passed the
now
defunct
When
the
found
that
Bank
crash
of
Tennessee.
cleared
collateral
it
of
was
alleged
minor value had been substituted.
McMinn
County
pay¬
July 1.
(State of)
(P.
O* -Athens),
Tenn.
V
-
•
.
,
"
>■ •-
collections in
$100,000,000 mark
and in 1941 were
Press
dis¬
patch from Columbia on June 3
reported in part as follows:
1
Several
)£outh
The
nied
State
today
a
Supreme
Court
de¬
for
(Santee-
hearing
permanent injunction forbid¬
ding the authority's purchase of
Corpus Christi, Texas
$40,000,000 worth of private util¬
ities in and
near
/
a
Bond
on a
Columbia.
Sale
Details
—
The City
Controller states that the $100,000
civilian defense bonds sold as
V.
155,
p.
Iowa,
relinquish
cigarettes
ment
rate of 85
for each carton of 200 cigr
abroad
at
the
arettes, free of Federal and State
taxes.
Obtaining the names and
addresses
of both sender
cipient, the retailer after
and
the
previously representedLegislature.
Ferndale Sch. Dist. No. 502 (P. O.
shipment
will
Bond
ann.
on
Bellingham), Wash.
Sale—The $20,000
semi-
May 28—V. 155, p. 1968—were
to the Bellingham Na-V
awarded
tional
Bank,
2y2S,
as
paying
a'
price of 100.505, according to the
Treasurer of Whatcom County.
'
.
Kettle
91
Falls
Cons.
Sch.
Dist,
No,
(P. O. Colville), Wash.
Sale—The
$8,000
con¬
Bond-
struction
June
bonds
1—v.
on
deduct¬
awarded
then
;
school bonds offered for sale
and re¬
ing his profit will turn the order
3s— over to the wholesale distributor,
1886—were purchased
had
in the State
Texas and Wis¬
consin, haye agreed to
their tobacco taxes on
cents
TEXAS
petition by the South
Carolina Public Service
ceeding Edwin B. Jones. Mr. Mur~;
Lancaster and Richmond counties
WASHINGTON
States/ including
Carolina,
Murphy took office,
T.
June 1 as State Treasurer, suc¬
the Federation said.
.
,•://•/
on
10% above that,
shipped to members of the Armed
is reported thatForces
stationed outside the
2%.% funding bonds United States.
sold to C. H. Little & Co. of Jack¬
Under the sales plan as devel¬
son—V, 155, p. 2055—were pur¬
oped by one manufacture!', retail¬
chased at par.
Due on Aug. } in ers will accept orders for ship¬
1962 to 1965..
—William
phy
-
the $165,000
Authority
on
Associated
refunding Cooper) Authority
operating expenses bonds un¬
successfully offered, as not ex¬
ceeding 3s, last February.
The
bonds are to be redeemed within
and
.
,
Price Paid—It
South Carolina
Rehearing Denied
Township School District
(P. Q. R. D. 2, Pine
of
paying agent,
the Hanover National
New
York
City, was
as
n^med in the said bonds
$150,000
school building bonds.
Tremont
Bank
acted
voters au¬
election the
thorized
May
has
urer
although
School District, Pa.
t
*
to
offered
155,
Arthur
Co. of Spokane, as
price of 100.125,
be 2.73%.
a
Dated June
p.
E.
for
sale,
1968—were
Nelson
&
2%s, paying a
basis of about
1, 1942.-Due
Volume 155
June
on
and
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4079
1; $500 in 1944 to 1951,
in. 1952 to 1955. Re¬
deemable at the option of the dis¬
trict, in inverse order of numbers,
on or after 10 years from date of
issue. Interest payable J-D.
$1,000
.
Morton, Wash.
a;'
Bonds Defeated
the
election
recent
a
rejected
the
issue $85,000 electric
proposal to
system- purchase
The total outstanding debt of
The "nest eggs" set aside by the and mature July 15. Part will be
municipalities in the state has pities ,as
a
precaution against refunded by. a new issue of $16,dropped from the high, ppint of. futile indebtedness for capital 000,000 direct Provincial -obliga-*
$92,820,717 at the end of 1931* to> improvements .are established by tions, the remainder by !smking
$56,205,111 at the end of 1940,; ordinance adopted -by the voters. funds and an appropriation from
last date for which figures are- In:West Bend the fund is called revenue surplus;
•
4
available, according toa report an; "unallocated new construction
Underwriting Uiroup^—The
the
bonds,
according to the Town Clerk.
: re venue
Association
from
the, fund;*' in Chippewa Falls, a build¬
Municipal¬ ing fund; and in Menasha, a re¬
ities. Included in the total are fig-~> serve fund.:...
•j
League
for
ures
Milwaukee,
which
been successful in
has;
$50,-!
reducing a
000,000 debt to $13,000,000 through
an
amortization plan set up' in
County Public Utility
1 (P. O. Bellingham),
1923.
'
'
i
'
Whatcom
Dist. No.
|| canada
-
2%
:J Bonds Not Sold—The $5,875,000
issue of not to exceed 6% semi-
At
totally
are
cities
18
least
in
the
state;
They in¬
debt-free.
-
v
.
To Discuss Refunding.
;
WISCONSIN
'■
in
In
few
a
By
province's indebtedness.
outstanding debt
according to the
years,
Milwaukee's
indebtedness
will
"nest
provements
ipal Association said
Instead
•
May 13.
on
of
financing such con¬
bridges and sewage
disposal plants by bonds, the mu¬
nicipalities accumulate improve¬
struction
ment
as
funds, figuring
present
interests
that
rates
while
muni¬
on
cipal bonds
now
are low, bonds issued
fall due in years when
may
the taxpaying
of
ability
citizens
has lessened.
and
was
a
fund
provement
those
under
called
projects
announced
of)
May 28 conclusion of
Company and Issue—
the last loan)
bonds,
Date
■
series A,
this
in
Page
1749
current week. * Then we follow with a second
Fe
Ry.
Rocky
"
.
——July 1
_Jun 19
Chicago Union Station Co, guar, serial bonds due 1950
and 1951
i
—July 1
Citizens Independent Tel. Co. 1st mtge. 4 (4 s due 1961-July
1
Connecticut Power Co. 1st (Ss ^en; mtge. 3series B
; : s bonds due 1967
—July 1
Connecticut Ry. & Lighting Co. 1st & ref. 4(fes, due
1951
7July 1
series' F,
due l959_
<
?
1751
! ^
•,*
——
due
&
1946
——
Bus
Evanston
Transit
Co.
6%
Co.
1st
bonds due
1962——July
1st mtge. 6y2s, dated 1923^——tJun
Inc. 3 ¥2%
1
„
• •
.
20
Oil Co. Of Texas 4(4'*
debentures due
1954—lAug
Indianapolis, Columbus & Southern Traction Co.
mtge. bonds, due 1948——
;
Inland Steel Co. 1st mtge; 3s, ser, E, due 1952
•
1311
1
due
due
1969'-—-i——
dated
1st
&
mtge.
6s,
series
Ay
Navigation
1914
Co.
consol.
mtge.
—
—
bonds,
Merritt-Chapman
Scott Corp. 6¥2 7c pref. stock——_Jun
Munising Paper Co. 1st mtge. 5s due 1947———
.-July
i
Newport
*-
■
^
&
Cincinnati
bonds
Bridge
Co.
gen.
mtge.
1839
1'839
*
1
•
•
;
—
■
1842
v
"
preferred
7-1.
6-22
6-15"
6%
prefen-ed
20c
Co.,
7- 1
6-24
&
Autocar
Co.,
com.
>••
*
2098
184'4
1756
1
.
£■€(?•
."-v
,
i
"
*
-1927
2099
»
*
6-26
Initial
*
6-26
6-22"
•
-'$7
4-Quarterly
Citizens
6-18
6-15
6-1
6-15
5-30
82V2.C
-
1
7-1
6-15:
7-
25c
$1(4
(Del.)—
6-15
6-15
6-12
1.
7-1
-
6-12-
7- 2 /
6-15
Continental
.
Quarterly
Continental
,
6-30
6-15
62Vfec
6-30
6-15
8 7c
Cuban
6-
3
6-13
6-20
6-20
6-20
6-15
6-15
6-15
6-16
6-16
6-16
6-16
6-30
6-17
$1.12 ■:> 7-1
5-15
6-
5
6-
5
6-10
6-10
6-
8
6-18"
7- 1
7-15
7- 1
8-26
6-30"
30c
6-30
6-15,
—_———
quarterly
50c
30c
6-27
6-15
6-12\
20c
7-1
15c
7- 2
75c
7- 1
15c
25c
6-10
7-1
15c
S4
$l(fe
6-30
7-1
6-10
6-
8
6-20*
6-
8
(Boston)—
.
:& Paper Co.—
——
———
Co. (Reading, Pa.)———
Bank & Trust Co. (N. Y.)—
Gas
i—————
Corp. ——
Cooper-Bessemer Corp., $3 prior pref. (quar.)
Cornell-Dubilier Electric Corp.
(quar.)_____
Crown Zellerbach Corp.
(quar.)_———-—Crystal
v
37(fee
•
$1
6-20
—.
$l3-4
6-20
Pacific 7X7y^:-XX-.X--y7XX—
$4
6-24
a.———-———
Quarterly
$1%
(quar.)—
—
—
Texas
6-
6-17
7- 2
$1
$3
Consolidated Water Power,
(quar.)———________
prior pref., series 1938
"&
6
6-20
7- 1
6- 1
6-30
6-15
,
•
$1
f75c
7-15
*
7-
Beneficial Industrial Loan. Carp.
Common
(reduced)
Orleans
6-
6-
r"
Consolidated Investment Trust
40c
t$3%
t$2
(quar.)
6-16
;
1
Co., common__——____
New
6-16-
6-30
7-1
7- 1
7- 1
(N. Y.)—
—
6-16
(To-
6-30
(quar.)_____
(s-a)
Co.
6-12
Reduced
2nd pfd.
—
& Trust
6-13
6-16,
6-29
7- 1
7- 1
7- 1
$l(fe
60c
50c
$1(4
$1%
$1%
1
Consumers
(quar.)
——
Savings
6-13*
,
7- 1
7- 1
6-30
6-30
7-15
5- 8
(quar.)____
&
6-15;
Wholesale Supply Co.—
6-23
common
50c
$1(4
$l(fe
preferred
5-19
Co:,'
;■
7-
r
■
7-
(quar.)__——__—75c
Cleveland Builders Supply Co.
50c
Cleveland Hobbing Machine Co. _———20c
Coniaurum Mines,
Ltd.
(irregular)——
t3c
67c
6-30
"
•
15c
50c
(quar.)—
Loan
preferred
6- 5
i$l3/4
(quar.)_
6-30
7- 2
7- 2
7-2
Ry. (irregular)
—— — -——
Cincinnati & Suburban Bell'Telephone—
1
.
—J
•,
7-
35c
<
common
Extra
6-10
$1V2
l
(quar.)„
—-——
7-24
tlxA
<
—
pfd.
(quar._
preferred
Chicago Towel
*
7-31
6-30
30c
57c
Quarterly .__—
Corporation, $3 preferred.^——
Chicago South Shore & South Bend RR.—
>
5-27.
(Hart¬
Chicago
1
8-
A
Canada
t25c
f$l3/4
t$l
$Siy2
t$2
50c
&'Trust Co.
prior
75c
1
(quar.)_:
;
$2.50
1
(quar.)—
prior preferred iquar.)_;
second preferred (quar.)
Cincinnati
8-
pfd.
(quar.) —
Co.
Central Hanover
'.
s,
6%
Ltd.,
preferred
I5c
Beafety Bros., Ltd., 7%
;
6- 1
62'/2c
:_i
,r
-
6- 5*
25c
Beatrice Creamery Co.^ common
preferred
6-1
6-11
6-22
6-27
7- 2
6-30
—
1
preferred
77c
6-10
6-27
+$7
+$1
t25c
——
ronto) .'.-(quar.).
Bank
6-27
6- 5
Co.
W.)
20c
of Canada, Ltd.—
preferred.•-'(s-a)—_—_
Barcalo Mfg; Co., j$3,30 prior pfd.
:$5
7-1
10c
pfa.jArseries 1924 (quar.)_
$5.50, preferred
^.v:- #
6-15
••
..
Alarm———.
Bastian-Bles&ng
1
$2XA
(quar.)
Common...
^
7-
$lJ/2
f
1 ¥2
1926
5-27
•
Co.—
Barber-Ellis Co.
:
1
$3
(quar.)___
\
Y.)
6-
.
—
(quar.)—_
common
5%
-
•
6-11
$l!/2
(irregular)
(s-a)
Co. 4N.
7-1
Oil Cos.,
(J.
Central
-;
-
preferred '(quar.)——
Bankers Trust
7- 1
>'
15c
Inc.—
_
preferred
7- 3
7-31
■;
/
60c
' t$l%
preference.—___
Elec.
-CpmJjanv*'(qtiar.)
Company,'$3 preferred
Pi re
8- 7
•
6-15
*
J50c
——
7Yr
6-15
SIV2
prior--pfeference_t_-—____
Automatic
1
$1%
.•
—,
Co.,
7-
8-31
6-15
(quar. i__
1__
B (quar.)-—
——_
Celanese Corp. of America, common——
•
6-30
6-30
;
(quar.)
Carthage Mills, Inc.,
>
6-15
—__—
common
(s-a»
Carter
6- 9"
50c
~
common
7%
-
25c
(quar.)____
Baldwin Cq„.6%
1
1
1
1
6-22
t$l3-4
common____
preferred: (quar.)—
$2.50
v
.
(monthly)_______
preferred-^.--
Atchison,vTopeka'"j& i.Sante, Fe Ry.
" "f -6% non-)cum.i:' preferred " (s-a)___
* Atlantic Rayon iCorp., common
2097
•
1
1
7- 1
Ltd.,
Capital National .Bank
67c
1
,
—-_:
Mills
Cannon
6'A
7-31
7-
+30c
t$l'/4
(quar.i
—
(quar.)
preferred
Canadian
r
Atlas "Press
.;
—
u—July
.Saratbga Victory Mills, Inc., 1st mtge. 63/2s, series A,
tdue ;i943.'—i——:i—July
.Schuvler Hudson Corp. 1st 4s. due%1947_c-——
-—July
Scovill Mfg. Co. 2xArk debentures due 1950———July
Sioux City Gas & Electric Co. serial debs., series A
July
Sl1^
Celanese,
preferred
Canadian- Cottons,' Ltd.,
6-19
8-15
(quar.)
Extra
,
,
(quar.)__^
Arkansas* Western Gais
*0
•
'
S6
.
1st mtge. income 6%
Mfg.. Co.,
1943
•>
series A,
Ltd. 1st mtge.'4!/2s, due 1956——,-Sep
1
:Pennsgrove Water Supply Co. 1st mtge. 5s, due 1945—Sep
1
Phelps Dodge Corpu conv.
debentures due 1952—Jun 15
Philadelphia Transportation Co.soonsol. mtge. 3
bonds, series A, due 2039—————
.Jun .12
St. Joseph .Sanitarium of Mount Clemens, Mich., 1st
,ref. mtge. serial bonds due 1949——.-—-———.
July 1
San Francisco Paramount Corp. 1st mtge. bonds due
•Baton
r,
1950
Snuff
.
Co., 7%
American Tissue M'lls,
;
Paducah & Illinois RR. 1st mtge. 4'/2s .dated 1915-.—July
Panhandle Eastern Pipe Line Co. 1st mtge. & 1st lien
^
3% bonds, series C, .due 1962-——-—^
July
,•
L
due
Products
Arkansas; Fuel .0>l,.8'/i
1
Capital Transit Co.
Carey (Philip) Mfg. Co.,
67c
preferred (quar.)
Packers, Ltd.
ford)
;
American-Smelting & Refining,
7Yc
1st preferred (quar.i__
8V
11
,
6-15,
75c
——
—
:
6-19
6-15
6-16
6-16
50c
7-15
7- 1
7- 1
5-29
8-15
62(fee
(quar.)—
preferred
$1V2
Co.—
American Water-Works
1st' mtge. 5s due 1945——J——Jun 13
2097
'North* American Ca. A% debentures due 1959—___1—Jun 27 'V f209,7
XOhio Oil -CO. 6%' pref. stock———————Jun 15
2011
'.bonds
Home
Locomotive
American
1839
'
Nice BaUABearing Cor.
y.Oregon-American Lumber Corp.
>
•
July
Felt
&
American-Optical'Co.
2095
1
1
Jun .30
--——•
New York Railways Corp. prior iien bonds,
due 1958- ——1-——
""
4%%
r
10
1
Hair
(interim)
non-cumulative
7-15
-7-1
7- 1
7-1
7- 1
$1V2
8- 1
1
& Motor "Cor, Ltd.—
first
Canadian
tl5c
7-15
6-25
7-1
50c
37(fee
Co." (irregular)—____
5-15
6-18
6-15
6-15
6-10
6- 6
6-15
6-16
25c
9
40c
50c
^
Machinery Corp., Ltd.—
Canada
Y.i—
(N.
6
6-
6-13
6-16
(quar.)___—__________
(quar.) preference
f.
s.
67
6-
f50c
37(fec
50c
—
preferred
$6
Packing Corp., common
Common
:
5,
6-10
6-30
(quar.)
Manufacturing
Canada Cycle
7ic
8
6-
6-30
(quar. 1—
Co.
SIV2
Co.
1st preferred■ (quar.)
2nd preferred,.—
American
*
1
•
Jun
—
$6
.
Long Island Lighting Co. 8% secured bonds due 1945—July
Long Island Lighting Co.'5 ¥2 % debentures, due 1952_Oct
Louisville & Nashville RR. unified mtge. 4s, due 1960-July
".
6%
American
1
-■
July
—;
American
* 1
;
July
——
———
Co.
Service
—
Coal
•Lehigh
<
Public
1949
1920
1920
1
Insurance
___
1837
1
Alliance
Quarterly <
____1
American Capital Corp. $3 preferred-—
American Crystal- Sugar, common—______
6'v
preferred (quar.)__l-^_
American Express Co.
(quar.)
—
(quar.)———————
Camden & Burlington County' Ry. Co. (s-a)
XI%
6-
:
preferred
57c
6-15'
$1(4
Co.———
Corp.,
preferred
Watch
California
'5%
8-25
40c
,
.
Distillers
preferred
Bulova
Butler
5-25
Niagara & Eastern Power Corp.—
6.4'A
.
2-25
v
,
7-
:
,—_______
(quar.)_—'
Motor
8-25
20c
__—
Ltd.—
Power,
6- 1
7-2
.6-26
7- 1
6-30
6-27
7- 2
6-30
.t.
Ltd., 6 ¥2 rA
Co.^——;——..——
Express
American
*
*
1
Aug
Co. 1st mtge. 5s due 1946———-Aug.
&
Light Co. 1st mtge. 3(fe% bonds
Kewanee
•
?
.
$5
.
75c
—
(reduced)
Light
Gas
Common-
_—
*
-
Buffalo
Co.——.—
& Sons
Columbia
A
6%
of Rec.
——25c
pfd. (accum.l
t.31/*
15c
Algoma Steel Corp., Ltd., 57c pref. (s-a 1
f$2,/2
Allegheny Ludlum Steel Corp. (reduced)
•: 35c
Altoona & Logan Valley Elec. Ry. (s-a>_„_
$l'/2
Amalgamated Electric Corp., Ltd.—,—______
" r J25c
American Agricultural Chemical Co. (Del.)
30c
2094
—July 15
Kansas City Gas
•:
J.)
(E.
Brown-Forman
When.. JJoliersA
—
1
1
1
Inter-City Baking Co., Ltd., 1st 5(fes, ser. A—-I——July
Debentures Corp. debentures——
-July
Power
2104
Canada
0
5-25
,
$lVfe
Payable
Share
(quar.t—
Glove Works,
Acme
Adams
1st
.Interstate
Kansas
^
?
*■
Brockway
vnme ol Company
2-25
class A (s-a)—
J30c
Bond Stores, Inc. (quar.)
——_40c
Bondholders Management, Inc., class A (s-a)
62V2c
Boston Elevated Ry. Co.
(quar.)_:—_
$1V4
Bound Brook Water Co.
(irregular)
10c
nbt yet been paid.
Abbott's Dairies
?
*
2006
f
debentures, due 1950——Jun 22
Harding Bldgs. 1st mtge. *5% bonds ndue 1947——July
Hazelton Water Co. 1st mtge. 4s, ser. A, due 1958—July
Houston
(quar.)
^—
Top Brewing, Ltd.,
of ReC;
6- 1
9- 1
3- 1
6- 1
9- 1
6-30
6-15
6-15
!7-'l
6-10
6-20
SlVfe
$1%
v.^.——
(quar.)
Blue
The dividends announced this week are:
,
,
Hartford Times,
Preferred
.
Holders
3- 1
40c
40c
——
Preferred
:
2014
table in
When
40c
;;
1—
*
elevators.
Payable
Share
■
(quar.)
Preferred -'(quar.)
show the dividends previously
we
10
Georgia-Carol!na Power Co. 1st 5s due 1952—July 1
Greist Mfg. Co. 5% debentures due 1946———————Jun 20
Hamilton By-Product Coke Ovens, Ltd., 20-yr. 1st 5s
due 1955
—„Jun 29
•
56
*
"grouped in two separate fables.
:'
5s'
—„—Jun
—
income
mtge.
r
1831
—
———
Bethlehem
Garland Bldg. Corp.
.
V
•
South
$4,475,000^
of
construction
(quar.)
common
(quar.)
Common
announced, but
Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
declared. ) ;-
.
———
are
which have
*
—
we
which
209JL
•
Byrndun Corp. 3-yr. collat. trust notes due 1943
Easton
Common
*
In the
bring together;all the dividends announced the
Dividends
first
Mountain
of
issue
Per
dividends
1
Santa
refunding thereof
particular prob¬
Of the
for the
Jlameof Company
Class
1
&
institutions
lem.
;v
and because of in¬
British
:
mtge. bonds, series A, due 1965—
July
Corp.
consol.
mtge.
3(4
bonds,
of)
Bower Roller Bearing
*
Steel
of
Black Clawson Co.,
JCorrection.'
issue.
1748
1827
Topeka
as
Sas¬
gregating $7,475,000 coming up at
July 1, but as it appears these is¬
sues are largely held by a group
Page
—
1
Division 1st
>
—
1
.
of
Province
Gundy & Co., New York balance Canada, while the entire
Toronto, have prepared
a second issue, $3,000,000, is payable
pamphlet on the fundamentals of Canada. Both were refunding is¬
Canada's economic position.
It sues sold in 1940, the $3,000,000
includes charts showing the trend issue having replaced an issue of
of Canada's national income and 20-year 6% debentures, which had
the position of Canadian banks. been sold originally to provide
It is explained that because of the funds for the construction of pub¬
______July
Atchison
May 27 reported
The
katchewan has two maturities ag¬
Wood,
Stores Corp. 4 (fe% debenture bonds due 1950___July
Arnold Print Works 1st mtge. bonds—
—Oct
—
follows:
of
Analyzed— $175,000 is payable New York, the
Bridgeport
Allied
Bethlehem
"< Status
"Chronicle."
Date
of)
(Province
Bond Maturities—The Montreal
"Gazette"
negotiations in connection with
partial refunding of a $20,160,000 widespread distribution of war lic buildings, highways, telephone
issue f of ■ Pacific Great
Eastern and victory loan issues (over" 1,- construction and advances to the
Railway
stock
and
debentures 600,000 separate applications in Saskatchewan Elevator Company
"Announcements
<
Corp.*
SASKATCHEWAN
Saskatchewan
!
Canada (Dominion
Economic
—
The date
Securities
should present no
Cincinnati 1st & ref. mtge. collat.
due 1949
—July 1
625 Skinkeu Blvd. Corp. 1st mtge. income bonds dated
1935
^
I_
Jun 20
Smith & Wesson, Inc. 1st mortgage 5V2s, due 1948—July
1
Springfield City Water Co. 1st 4s, series A, due 1956__July 6
Square D Co. preferred stock
———__Jun 30
Standard Bleachery v& Printing Co. 5 xfc % bonds due ;
:>•
1946
——————^
—
—-July 1
Underwriters Bldg. Co. 1st mtge. 5V2% bonds due 1950_July
1
West Ohio Gas Co. 1st mtge. 5% bonds due 1958—„July
1
Weyenberg Shoe.Mfg. Co. 4y27o debentures due 1945—Jun 15
including
Dominion
)
of
CANADA
COLUMBIA
Columbia (Province
Corp. 1st lien cumul. income bonds due
1958
.
Bank
Brach
Company and Issue—
Owners
renewed
Plans Partial Refunding of Ma¬
on pay-;
trust
and the page number gives the location in which
Allied
government."
issue will be sold by a
Sisters of Charity of
indicates the redemption or last date for making tend¬
ers,
Dominion
1
—
sinking fund provisions.
its
new
the Cana¬
Commerce; Royal
Bank of Canada; A. E. Ames &
Co.; Mills, Spence &; Co.,; Domin-.
ion Securities Corp.; Wood Gundy
and Co.; McLeod, Young, Weir &
Co.; and Bell, Gouinlock & Co.
dian
<
-
which carry Provincial guarantee
list of corporate bonds, notes,
the details were given in the
British
fund
basis.
called for redemption,
stocks
June
on
BRITISH
established
was
to finance future
The
and
$200,000 to $550,000
and as the1 savings pro¬
progressed, a permanent im¬
Notices
preferred
Renewed—The
year,
;
and
:
built up out of - "spare cash": turing Guaranteed Debt—Prem¬
ier John Hart of British Columbia
Redemption Calls and Sinking Fund
a
The
at the rate of
gram
rate
purchased $18,500 3%%
improvement bonds at a price of
vince and
a
year a $2,448,000 issue of
maturing Treasury, bills. They are
part of a total of $28,000,000 Al¬
berta bills held by the govern¬
ment as security for advances to
the province, mainly for unem¬
ployment relief purposes, -v
charges.
interest
amortization;
Milwaukee's
as-you-go
Below will be found
Loan
Government
large enough to carry debt, yearly
principal
lowest-interest
kets, "and are a > positive' ex¬ 103.267.
pression of confidence in the pro¬
for
not be wiped out entirely for ap¬
eggs" for public im¬ proximately another 10 years, but!
play
an
important citizens will find reduced) debtpart, Wisconsin cities and towns service charges in their tax bills
are freeing themselves of debt at
in another year, when the amor¬
a rapid rate, the American Munic¬
tization fund is expected to be
which
the
secured, by the province in
Toronto,
the domestic and New York mar-'
$12^,000*000 of the syndicate' comprising
many
report.
following a
strict % pay-as-you-go
plan
in
:—
the
cities
is small and will be retired with-,
Wisconsin (State of)
Municipalities Act to Remove
Indebtedness
Dells.
Wisconsin
other
ONTARIO
to
reflect
clude Alma,
and
issue
Fort William, Ont.
ever
Solon
—
Arcadia, Black River, Low, Provincial Treasurer, an¬
ann.
electric
revenue,
Issue of Falls, Brodhead; Delavan, Dodge
nounced June;! that the Alberta
1942 bonds offered on June 2—v.
ville,
Fountain
City, Hartford,, Debt Refunding Committee will
155, p. 1887—was not sold as no Hudson,
Ladysmith,
.Mauston reconvene at Edmonton on June
bids were received, according to
Mosinee, Montello, Montreal, New 8 to discuss proposed refunding of
the v President of the Board of
Lisbon, Prescott, Richland Center approximately
Commissioners.
Sold—An
31/2%,.;"at an average cost
Bonds Sold—The Bank of Mon*
province of 3.75%, and to
treal, of Montreal, purchased an
purchasers of 3.60%." These issue of
$97,183 ZVzVo improve¬
terms, the Premier announced,) ment bonds at a
price of 102.45;
Alberta (Provinceof)
.
Bills
the
.
:iiXX-SX\X'-:vXX^ Wash, i YXX---:':X-; '■XX*K-
•
Treasury
of
to the
ALBERTA;'-^
■
taxation, Canada has not
000,000 refunding issue
20-year bonds, payable in Cana¬
dian funds, and carrying interest
rates
rising r progressively frorn^
Wisconsin
of
creased
found it necessary to lean unduly
on Canadian banks.
■
>
$45,000,000 Treasury bills was
sold May 28 at an average yield
of 0.542%. Dated May
29, 1942 and
$16,will* be due Aug. 28, 1942.
.
to
At
—
voters
2143
Motors
Tissue Co., common (quar.)_______
preferred
(s-a)———————
Atlantic Sugar Co. (interim)—-
5-29
6-12
6-11;
6-16
6-
8
'
6-13
6-20;
6-20:
6- 5
2144-
American
Cuban
7%'
Sugar,
(quar.)
7-
1
1 $50
7-
1
-Lambton
1
6-15
9-15
7-
1
6-15
Leath
7-
•
••
$l3/s"
6-30
;
6-16
6-30
15c
6-16
$1V4
7-
1
7-
2
Co.
6-20
t$2 Va
6-20
-
(s-a)—
(quar.)_
Inc.
Fund,
Extra
(s-a)
RR.
Electric
Co.
Gasket
Detroit
Dixie
6-15
Mfg.
Cream
Ice
20c
(quar.)—
Foundries
preferred
6%
Electric
Dunlop
Rubber
-
Manufacturers
5%
Easi
37'/aC
(quar.).
(quar.)
8%
6-26
5-26
6-25
6-15
10c
-
Sons,
7-
(quar.)
(quar.)—
——
Fulton
&
Bag
General
preferred
$6
$6
preferred
Girdler
Company,
4'/a 'A
-75c
$7
preferred
Gold
Golden
State
;—;
Grand
Valley
Great
American
Great
Takes
-'Irregular
Greening
Gruen
;
I//
(B.)
Wire
Co.
preferred
Co.,
(common
6-16
1
6-18"
1 '
6-18
5
1
6-12
6-12
New
6-20;
6-18
7-1
6'A
1
6-18
N.
7-
1
6-30
New
7-
1
6-10
20c
7-15
6-30
6-25
6-15
Northern
7-i5
6-19
20c
6-10
6-
$15c
7-
2
6-15
12VaC
7-
1
6-15
preferred (quar.)———,—
Northland Greyhound Lines, Inc. (irregular)
Northwestern Telegraph Co. (quar.)—;
—
Nova Scotia Light & Power Co., Ltd. (quar.)
Ohio Brass, class A —
6%
(quar.)
______
(quar.)
31 (4c
(quar.)___
1
3
$$1(4
______
Guaranty Trust Co.
Guaranty Trust
Hal'fax
Co.
Insurance
Hamilton
Co.
United
Harshaw
Co.
Hawlev Pulp
Motor
& Dauch
5%
Home
Tel.
7%
&
Tel.
Honomu
Hooven
ft
Ali
Hoover Ball
House
of
7%
6-
1
$114
7-
1
6-12
Wayne,
$1%
preferred____
Ltd"—
preferred
of
Co.
(John)
pari
preferred,
Canada,
Power
preferred
&
preferred
Light
7Vo
preferred
Co.,
Sugar
Kilburn
Shoe
Lackawanna
r-
4Vo
8-
1
7-
2
8-
1
7-
2
7-
2
6-J5
7-
1
6-15
New
R-15
6-
t37Vac
6-15
5-29
50c
6-30
6-15
6-30
6-15
1
$1%
7-
1
6-10
7-
1
6-10
7-
1
6-10
5c
(quar.)
6-10
6-
1
$1%
(quar.)
7-
1
6-24
15c
~
guaranteed
5-29
$1 Va
Ltd.
of
1
75c
(quar.)„
Co
6%v preferred
RR.
7-
45c
;
preferred
Co.,
6- 1
Co.—
Mills
Koppers Co.,
7%
;
t$l%
(quar.)____
6-
5
5-?0
$2
$1(4
6-10
5-28
7-
6-15
1
preferred
Pittsfield
Coal
Plymouth
Oil
Porto
*
Rico
Potash
Co.
Premier
Gold
5-23
Class
A
$5
1
6-15
1
6-15
Square
2
6- 5
5Vr
2
6-
5
6-
5
7-
6-
6-17
$1
7-
1
6-12
(E.
9
' -
7-
1
5-20
7-15
37 Vac
7*15
34%c
7-15
V $1
6-1
i
7-
2
6-12
1
.7-
6-24
Supersilk Hosiery Mills, Ltd, 5'A pfd.
Sutton-Horsley Co, Ltd. (initial)
1
.
7-1
6-22
6-15
6-
9
6-15
25c
20c
t$lV2
50c
f$l%
6-15
6-30
-
6-
5
6-15
6-30
6-19
6-30
6-19
7-
2
6-20
6-
t$lvi
1
5-25
6-
6-15
•"'••'7-
1
i; 6-15
7-
1
$75c
6-15
6-15
6-5
6-15
6-
6-30
6-27
v
77-
25c
$2
20c
t$l'A
3c
75c
25c
15c
10c
10c
70c
5
1
preferred
IVo
6-12
2
7-25
6-30
7-25
6-30
6-20
7-
1
7-
1
6-15
7-2
Textile
t75c
6-24
6-
6-24
6-8
7-
8
1
1
6-15
6-20
6-10
2
6-15
6-20
6-10
7-
1
6-15
6-30
6-15
6-30
6-19
6-30
6-19
7■
$1V4
7-15
7-25
7-
6-10
1
7-;.l
•
6-10
6-
6-15
7-
6-15
.
5
6-
$4,50
pfd.
Todd-Johnson
Class
50c
$2
S.
$62 VaC
7-
7-
IVo
1
S.
U.
S.
Trust
Vacuum
5
1
6-20
7-
1
6-20
1
7-
1
6-10
7
6-10
——
7-
6-15
6-
'6-23
6-20
V6-30
1
(quar.)___
Corp.
50c
7-
6-15
1
j
6-20
6-20
Shares, Inc.—
23c
6-
1
$2(4
7-
1
7- 1
6-20
10c
6-15
6-
$15
7- 1
6-12
$2
6-15
5-26
—
(s-a)__
■
(reduced)
(quar.)__
V..
———
6-20
1
6-15
5-29
3c
5-29
5-15
50C
6-26
6-10
50c
6-10
6-
1
50c
6-15
6-
1
25c
6-30
6-20
15c
6-15
6-
50c
6-12
6-5
t$l
7- 2
6-20
25C
6-26
6-16
10c
,
_________
Inc.—
(reduced)
5
5
20c
6-15
6-
5C
7- 2
6-20
7-1,,
6-15
25c
Bank & Union Trust Co. (S. F.)—
(quar.)
(irregular)
Co.
1
6-23
25C
6-16
•6-1
$3'4
——
Manufacturing
Wentworth
__
Co. of Alabama—
participating preferred
7-
Boylston Mfg.
3 Vo
$1 Va
7-1
6-15
& Seashore R. R. Co. (6-a)_—
Co, class A (quar.)
$1(4
7-
1
6-15
$1%
6-30
6-15
(reduced).
25c
6-25
6-10
$1(4
7-15
6-19
$3(4
7-
6-20
non-cum.
West Jersey
Electric
West
Penn
West
Penn.
Co,
Power
preferred
common
(quar.)—
(Iowa) 7%
pfd. (s-a)__
Tablet & Stationery Corp.—
(irregular)
Common
(quar.)_
preferred
50 c
—~—
—
1
■/: 8-30
6-19
7-1
$ 1 (4
—
25c
.Weyerhaeuser Timber Co
White Sewing Machine Corp,
.
;•
6-
8
0-19
it 6-
4
8-1
7-20
t50c
8-
1
7-20
5Qp
$2 prior pref.
preference
Company
(quar.)
convertible
$4
/ 5- 9
.
1
Refining
Wells Fargo
8
5
5-29
77-
Agricultural, Ltd..
Sugar Co.
(irregular)
& Chemical Co
Waukesha Motor
(quar.)____________——
5%
25c '
•If; $1
2
6-
5-26
$3
Wailuku
6-22
6-
5-29
.5%
Waialua
Western
1
9
$3(4
—
Western Grocer Co.
7-
6-13
2
6-
6-15
$134
Works
6-10
7-
7-
6-15
6-15
—___—
Inc.
1
6-15
6-10
6-20
'/
20c
Corporation
W J R, The Goodwill Station (quar.)
Wabasso Cotton. Co, Ltd.—
West
6-20
5c
Vinco
Warren
6-10
1
6-20
t$2 Va
common.!
Works—
Chemical
Victor
6-19
7-
$$1
(quar.i
(s-a)
Y.)
Heating,
Veeder-Root,
6-22
6-26
50c
(reduced)
Refining Co. (quar.)
(irregular)
Car
Vapor
(N.
Iron
5-21
7-1
$1 (4
Concrete
Dorn
Van
6-10
6- 1
7
;
50C
——
Winding Co.;
Oil
Utah
6-15
6-20
Ltd.—
(s-a)
(Del.)
Co.
6-12
•
50C
Lines
Truck
V-
$1
$4
class A
common
preferred
U.
6-12
2
$1
Louis
Co,
Gauge
5-30
2
—___________
U, S. Electric Light & Power
Trust certificates A
U.
6-12
7-
Oil Co.—
(s-a)
Salle Street
La
6-10
6-20
5c
preferred
South
M 6-15
2
$20c
Ordinary registered (Interim)—.—______
208
1
6-20
7-
5c
-
9
6-15
•;
7-15
$1%
Trusts Corp.
Trinidad Leasehold,
7Vr
6-
1
6-15'
7-
$$2 Va
is-a)
—
(quar.)—.
Dry Docks,
of St.
7-
$3c
7'A preferred-—
Treadwell-Yukon Corp.
(liquidating)
Treesweet Products Co. (irregular).
Tunnel RR.
•
$$3J/4
(quar.)__
6-15
6-13
•
$1(4
Axle
Toronto General
Co.—
$13A
$1%
1
(reduced)
B
6-20.
1
7-
Co.—
(quar.)_
Timken-Detroit
5
6-
7-
7-
7-
$$1
iquar.)
(annual)
Banking Co.
8
"
65c
(irregular)
Tide Water Associated
6-15
7-
6-30
preferred
2nd
$4
6-15
7-15
7-30
Co
Utilities
Mexico
'
6-15
6-30
12JAc
Products
Texas-New
5
6-15
7-1
6-
60c
Tamblyn (G.) Ltd., common <quar.)
5Vc
preferred (quar.)
Taylor (William) Corp., common vtc
Tecumsch
1
7-
Tool
6-10
7-15
6-15
I;,
(Canada)
Co.
6-30
8-1
Corp.—
Sundstrand
Machine
6-16
6-15
$1 (4''
iquar.)__
(Kansas)
Assurance
6-15
1/i
$1 (4
6-12
Life
1
7-
'
5-25
Sun
6-10
6-15*
50c
(irregular)
preference
6,4fA pfd. (accum.)*
Co.
Oil
5-27
1
7-
$1 (4
(interim-
Co.
6-20
6-30
50c
common
6-20
7-
$1%
(quar.)
6-1
4(4%
(quar.t„
6-20
6-26
50c
7- 2
50c
(quar.)
6-15
6-30:
'•
37 Vac
Strawbridge & Clothier $5 pfd. (quar.)_—_
Sullivan Consolidated Mines, Ltd. (interim).
•
Co
25c
7-
1
6-16
15c
7-
1
2
6-15
Winter
35c
6-
1
50c
7-
1
6-15
Wisconsin Michigan Power
7-
1
6-15
Wolverine
Tube Co.
7-15
6-15
Worcester
Salt
t7c
6-30
6-16
25c
6-30
6-23
$1(4
$lVi
6-15
5-29
(quar.)___
(Irregular)
(interim)
Finance
of
New
Bank
Corp.
20c
$13A
_____
Oil
Wiser
&
Wurlitzer
(Bait.)—
Hampshire—
Trust
&
Quarterly
Co.
(N.
RR.
income
(Rudolph)
6-15
$1 Va
$6(4
Co,
(quar.)
6-15
':
6-11
5-22
/ 5-29
■
•
'.'W
——
i-
50c
common
6-30
8-31
8-21
7-
6-19
$1%
—
■'
6-20
10c
(quar.).,
Below we give
5-29
1
6-19
1
6-15
6-
$l(/s
7-
1
7-
1
dends
6-10
$2(4
the dividends announced in previous
weeks and not yet
paid.
The list does not include divi¬
stinounced this week, these being given
6-30
$3
6
in the
preceding table.
;
(s-a). A $4 div'tax
Engineering
Manufacturing Co., common—.
Name of Company
$.2919
1
6-15
25c
6-26
6-16
7-
Laboratories,
Abbott
25c
8-
1
7-21
7-
1
6-20
Acme
Co, 5(4 % conv. pfd. (quar.)
$1%
7-
1
6-19*
Adams
6-
Aero
6-15
6
Steel
(J.
Co.
D.)
When
Payable
Holders
of Rec.
(quar.)
(quar.)
Supply Mfg. Co, Inc., class
A (quar.)_
40c
10c
6-30
6-30
6-11
6-11
7-15
7-1
6-12
5-15
20c
(quar.)
Mfg. Co.
Per
share
$1
—
preferred
4%
$1%
40c
(quar.)_
■
$1
common
Extra
•
(quar.)
(irregular)
preferred (quar.)—__
4V4% pfd. (quar.)
(liquidating)—— ,
6-11
7
Y.) —
&
Company
Coi
preferred
IVo
dend. less $1.2919 per share to provide for
comorate
Hirsch 7%
________
V-
:
Renssplaer & Saratoga
Richardson
25c
•
6-20
preferred
R.i
participating
$3
7-21
7Vo
1
Standard Fuel Co, Ltd,
1
RePance
7-
'.
common
preferred
Chemical
Standard
——$1
(quar.)
Flpctr'c
Company,
Fruit & Steamship
: 6-12
6-30
1
federal
10c
Elec.—
Standard
7-
Reliance
1 'A
Lines
Pipe
Standard
6-12
6-15
(quar.)—
(quar.)
Co.
1
7-
(s-a)____
Co, Ltd.—
(quar.)
Standard Brands, Inc., $4.50 pfd.
<5-25
;
1
D
convertible
& Sons,
S5 preferred, series A
6-25
5-30
West
Squibb
8-
Rensselaer
5-28
6-
;
Springfield (Mo.) Gas &
$7 preferred A (quar.)
$13A
Mfg.
6-30
15c
25c
Inc.—50c
Co., Ltd.—-———
v;;
%2c
Co.
preferred
6-10
7-15
;
—.—
(quar.).
Pennsylvania
6-15.
i
Remington Arms Co., 6V preferred (s-a)
Remington Rand. Inc., $4.50 pfd. (quar.)
TV"
6-20
iquar.)
Oil
Penn
1
50c
25c
Rehance
50c
$$1 Va
\
(irregular)
Weaving Co.
South
$2 preferred (quar.)
Co.
(Illinois), common—.,
Inc.,
6-13
original preferred (quar.)_________^
preferred C (quar.)
.-
5'A
6-15
7-
Rayonier,
6-27
A
Edison
1
5-30
Mining
preferred
t$ l3/4
7-
America
preferred
$6
6-13
'
preferred
preferred
California
Southern
-
15c
50c
(quar.)
Service
6*27
5(4'U
6-10
5-20
(quar.)—•——
Gas
Personal
Prudsntial
6
U5c
(quar.)——
Co, common
convertible
6?15
1
Co.
Lambert,
&
Pratt
6
6-
,
.____
6V0
Co,
L.)
Aircraft
1
6-
(reduced)
Power, Ltd., 7% pfd.
of
Ltd.— ^
Mills,
Paper
Tools Corp.
Southern
6-20
—————,—————
Metallurgical
Reynolds Metals
Jersey—
(quar.)
6-30
1
6-20
—■—.___—
Proprietary Mines, Ltd.
:
(quar.)
Kaynee
6-10
"7%
Pittsburgh
6-17
$1%
(quar.)
Kekaha
1
8%C
(quar.)
6 %
Brothers
7-
Ltd.—
preferred
common
:"
6
$1 (4
Corp., 6Vc
,
Public
Philadelphia
50c
-
1
& Chicago Ry.
Wayne
(quar.)
Common
6-12
$1%.
.
6-13
6
6-
6-15
■
7-
—
(Boston 1
Co.
Pittsburgh, Ft.
6-17
2(4 Vo '
(quar.)—
(quar.)
Central
6-
Co., Ltd.—
Suoply,
preferred
6-30
6-30
t$l%
(stock)______
(nuar.L
of
Shoe
Water
6-15
v
v7- 1
30c
(accumulated)
Shoe
Corn,
2
Ltd.—
($5
International
7-
6-12
IOC
(quar.)_—
Power
6-29
30c
(s-at
6 V>%
6-10
35c
._
Canada, Ltd. (quar.)
Corp.,
6-12
6-20
$$1
common
preferred
6-30
$$1
(auar.)_
Solar
(T.
6-
25c
>
Corp.
(quar.)_—1
pfd.
Smith
6-17
—w__—^
Trust
8
1
Ph'ladelphia Electric Power Co.—
8Vo
pfd. (quar.)
—
Phoenix Insurance Co. (Hartford)
Pilerim
(Howard)
67r
6-30
(quar.)
—
(A.
6-30
6-15
6-15
(quar.)—_——
(irregular)___—__—
O.)
Smith
7-2
50c
—
Company
•••Extra
6-12
10c
shares, class A
Internat'onal
6-30
(quar.).
Exploration, Inc.
—_—
Pfaudler
3-31
87 Vac
Motors
Nickel
4-15
25c
Corp., com. (quar.)
(auar.)__——*
preferred
Johansen
5-30
t7 VaC
Gas
Co. of
5-22
preferred
7%
<
37Vic
(quar.)—
$1
—$13A
(quar.)
25c
—
preferred
Extra
6-20
preferred
5(4%
6-10
1
7%
Jersey
6-20
20c
Co._
Stove
Petroleum
6-20
6-25
7-
7%
$5
7-
20c
Securit'es,
Internat onal
Irving
1
37 Vac
(irregular)
6%
6-10
-
25c
—
Signal Royalties Co, class A (quar. >
Simon (H.) & Sons, Ltd, common iquar.)__
7-
20c
Co
Sugar
7-15
5-29
1
25c
(reduced)^
Signal Oil & Gas Co, class A
Class
B
(reduced)—
7-
Co. (quar.)
Perkins Machine & Gear, common
7'A
——
pfd. (quar.)_
/■
Circle
Perfection
Ind.) —
;_•_.
(reduced s-a)__
Co.
$5 .preferred
Perfect
1
——
—
Traffic
Pepeekeo
6-12
(irregular)
Comnany
Bank group
Jamaica
6-15
1
7-
Extra
5-15
Sil'ca
Investment
7-
$1%
1
non-cum.
7Vr
6- 5-Z>:
6-15
_i_-
Motocycle Co.,
Institutional
6-15
6-
Imoer'al Tobacco
6%
Pennsylvania Edison Co., $2.80
15C
M:ning & Smelting Co.,
Mortgage (quar.)
& Erie
Industr al
Penn
5-30
$1(4
Westmore,
Cement
Indian
6-15
6-10
preferred_
Electr'c
Huron
8-1
7-1
Bearing Co.
&
Hudson's Bay
Ideal
8-15
25C
(Ft.
Ltd.
6- 8
common
(monthly i
Co.,
preferred
Howell
(quarj
6-15
6-15
5 %
Houston Natural
';
Co.
(s-a)
son
Aggregates———
Investors, Inc., $3 pfd. (quar.)
Parker Appliance Co.
(quar.)
Pennsylvania Forge Corp.
(quar.)
—
6-30
(irregular)
:
Mining Co.
(quar.)
Coast
20c
Parts
Sugar Co.,
Pacific
75c
(quar.)
(quar.
preferred
Homestake
6-10
25C
pfd.
quar.)_
Co
Paper Co.,
preferred
2
15c
& Paper Co., $7 1st pfd.
Hem-Werner
7-
Co.
& Debenture Co.
Loan
6-13
1
Universal
Pacific Southern
Electrx, Ltd
Hinde
Ontario
$$1 (4
6%
Co.,
(reduced
Agricultural
Hawaiian
6-10
Sugar
Onomea
1
35c
Instrument
Chem'cal
6-30
7-
$50c
(s-a)_.
(irregular)
Hawaiian
7-15
1
8-
iquar.),
(interim)...
(Canada)
Co.
Williams
7-
75c
$l'/2
t$lxk
50c
50c
(quar.)
preferred
&Vo
Corp.,
Omnibus
Ltd.—
(accumulated)
Watch
Hammond
S.)
(N.
6-30
$$1 (4
(quar.).
Y.)___
Theatres.
IVo' preferred
Hamilton
(N.
6-30
7-15
7-
U5c
—________
preferred
convertible
•
common—_—•_•_—
7-
UIV2
.
Colony Trust Associates (Boston)-—
First series trust shares (quar.)
i
$3
Canada
of
7-15
$$2 (4
Quarterly
Extra
•
;6-16
Old
Guarantee Co. of North America (Montreal)—
6-13
:$1V4
Corp,
7-
50c
Class B
6-15
6-26
Steel
7-
t83Ac
tl2c
25c
—■
25c
South
;~.
7% pfd. (accum.i
Ontario Power Co., Ltd., common
2 Vac
Co.—
6-15
6-15
6-20
Western Ry.—
Ltd.
Co.,
5
7-
6-30
$^'<4
Oil
6-
30c
preferred
convertible
6-20
6-
.
Star
6-18
*
6-15
6-10
1
.7-
$l'/2
Quarterly
North
•r
Towne Securities Corp,
(quar.)___—__—
City Omnibus Corp.
York Lackawanna &
12 VaC
7-1
Snap-On
13c
153
(s-a)—:—
1
•
10c
(irregular)
preferred
convertible
Y.
7-
$1(4
-
—
Common
■
6-30
$1.31'A
preferred (quar.)
England Fire Insurance (quar.)
Idea, Inc. (quar.)
Mexico Eastern Gas Co.—
New
1
7-1
(quar.)—
Common
7-
.
7-
/ •;
$3
6-
t$2
25c
$3V2
(quar.),
preferred (s-a)
7%
Corp., $5.25 first
Nehi
7-
6-
—.
Ltd.
Co.,
Cement,
Nazareth
New
6-15
i
;
$1%
(quar.)
Ltd.
6-20
7- 1
62V4c
_
——————————
Watch
5%
''V"Vy,
V
$1
Warehouse
Trust
—
prior preferred
5»/a%
Co.,
Naval Stores Investment Co.
77-
$134
A
Insurance
Supply
(quar.)
prior preferred
6Vo
7- 1
$1(4
56Vic c:
(irregular)
Co.
National
$1(4
(quar.)_—
Terminal
'
30c
.
Brew'ng
1
5-27
25C
(quar.).———.
Ltd.
6-
5-28
r
$6 prior preferred—
Co.
National-Standard
6-15
>
$1V2
common..
Inc., $2.50 conv. pfd. (quar.)
Co.,
3
———
—
$1 (4
5-31
6-26
+38c
—
—
a
Co.,
6-
'
6-16
25c
(quar.)
Stock Telegranh
&
Goldblatt Bros.,
Refining
National
6-30
7-18
Co.
Radiator
National
(reduced)
class
6-24
Inc.—
(quar.)
Inc.,
$1.50 preference (quar.)
National Oil Products
;
6-18
6-10
•
.
1
6-22
7-
25c
*. •
6-20
7-
75c
•
6-15
3
?.44c
Ltd.—
Co.,
1
10c
7-
——
—r—
6-10
7-
t$l
6-15
(quar.)_
common
—
National Grocers
6-11
7*1
$35C
preferred (quar.)
Globe-Wernicke Co., 7% preferred (quar.)„
Sugars,
6-11
6-15
:
Irregular
9-30
6-20
Ltd.,
?
7-15 "
55c
t50c
National
National
convertible
Godchaux
1
10-
?;
5-14
I
j
iquar.)—,
$1% i'
43%c
Smith
fi?*
^
preferred (quar.)——
—
Folding Box (irregular)—
7Uc
6-
,
,
Vh pfd7/s—
$3V2
(irregular)—— v-A 30c
preferred
Breweries,
National
6-13
$1(4
„;
common
i
•
,
convertible
$2.20
6-30
$1
Corp.,
1
5-16
.
6-10
6-15
Vernon-Woodberry Mills,
Mount
Muskegon Piston Ring
National Battery Co.—
7-15
1
75c
(quar.)—
Corporation
Glidden
7-25
7-
(quar.)
Co.,
»
7-15
7-1
15c
Ink Corp., $6 pfd. (quar.)_
Instruments
6-20
60c
(quar.)————
General Printing
General Time
1
$2
■
.
7-
(irregular)_____
Investors
American
6-20
6-15
:
—
Essex
&
Morris
6-16
1
7-25
(irregular)
Common
6-24
7-
-
$2
(irregular)
M;lls
Cotton
.
6-19
10c
preferred (s-a)
•:•'; Morgantown Furniture,
5
6-13
$2
Frankfort Kentucky Natural Gas Co.
(V:77
6-
;?
6-25
c
$1.18%
(quar.)
preferred (quar.)—————
Forbes & Wallace, Inc., $3 class A (quar.) —
Foundation Co. of Canada, Ltd.—
Increased quarterly
_____———
Auto
6-15
6-27
25c
—
Drive
'
pfd. B (quar.)
;7-
$1*4
155V2c
v-; $13A
$13A
$3
(payable in U. S. funds)
(payable in U. S. funds)
pfd. A (quar.)
7%
■
25C
—
7Vo
6-15
6-15
;
6-25
6-15
$5
$1/2
;
6-15
6-30
.
ioc
5-25
.
.
common———
preferred (quar.)—-—
preferred (quar.)
Corp., Ltd., common iquar.)
Moore
6-18
35c
$4.50
Wheel
6-18
1
87'/a
fcr-
First National Bank. (Pittsburgh) (quar.)—
Quarterly
—
Flintkote Company, common (reduced)
Four
1
7-
$25c
(Bait.) (s-a)
common
Pennsylvan'a
_
5%
50c
—
Fidelity & Guaranty Fire Corp.
of
6Vo.
6-15
7-15
20c
—
preferred
6-2
t75c
Utilities,
Montana-Dakota
6-2
1
^
.
6-30
$20q ;
$$1%
;;;
6-10
7-1
Sharon
50c
I
.
1
6-11
25c
6-15
$1
I*1
.
6-
V
Electric Co. (irregular)
—___
Security Engineering Co., Inc.—
•7% '.preferred:-,(quar.) ■
Security Title Building, Inc., $7 partic. pfd.
Shakespeare Company (quar.)-^_:.
______
Shamrock Oil & Gas, 6% preferred (s-a)—
7-1
—--—43 Ac
(quar.)
preferred
7%
7-
$1 (4
Public Service—
Monongahela West Penn
''
6-20
6-10
75c
•—
Light & Traction Co
4%%
.
—„—
Federal
Finance Co.
——
6-10
25c
__
Co
(William)
/
1
7-
20c
Players
Filene's
1
(Seattle)—
Canadian Corp., Ltd
Faultless Rubber Co.
(irregularC——
Federal Insurance Co. of New Jersey (quar.)
v
Mitchell
7-
$1(4
;—
Middlesex
(quar.)—•___
Ltd, common (quar.)___
Sangamo
6%
50 Vo
Michigan
6-30
5:21
1
6-20
5-29
6-30
35c
30c
25c
50c
Die Casting Co. (stock div.)——
Water Co.——
————;
(Robert) Co., Ltd.
Modine Manufacturing Co. (reduced)
6-30
7-15 Vi
/
6-10
C; 7-1
t$l'
7-15
-
T$ly2
•<
6-20
Corp., $6 preferred—
6-15
•>
;
Transportation Co
Merchants & Miners
^
6-
Sl34
10c
;
7-15
$1(4
•
preferred (quar.)—kl
—
Equity Corp., $3 convertible preferred
Plantation
6-19
1
'
1
15c
San Gorgonio Electric
•
7-1
30c
25c
"
5
6-20
7-
25c
Inc., common (quar.)_
iquar.)_
Louis Bank Bldg. & Equipment Corp.__
50c
.
6-
1
37 Vac
Industries,
Sherwin
Agricultural Co., Ltd.. (irregular)
Oil Co., Ltd.—
' -•
6% preferred
(quar.1___—
McLouth Steel Corporation.-—-———w
McManus Petroleums, Ltd., partic. pfd. fs-a)
McWilliams Dredging Co.
—1—
6-15
50c
Famous
6-
5-30
-
McColl-Frontenac
6-25
5Vo
Ewa
6-15
.
6-15
•
7-
$1 Va
preferred (quar.)
Aeronautical Co. (irregular)v
Robbins Paper Co., 7Vc
pfd. (quar.)_
50c
Maui
7-
IVo
St.
6
6-15
6-25
;
2
6-15
■
'
6-
.
Trust Co. (N. Y.).iquar.)—
Navigation (quar.)—
6-15
•
common
6-30
7-15
i
6-15
,25c '••:
Corp.,
6-30
8c
30c.
1
20c
-
Endicott-Johnson
?
7-15
40c
25c
50c
7-
$1 (4
'
125c
13c
-
$50c
t37VaC
Safeway Stores,
":'v, 5Vo preferred
6-12
1
6-15
Fund
Electric Co. (Del.) 6% pfd. B (quar.)
(quar.)
6-30
5
25c
7-
6-30
Stock
preferred
7-25
'V
6-20
7-
37 Vac
Quarterly
——
Emerson Drug Co., class A„_
Sabin
Russell
6-15
v •A
Marine Midland
5
6-
6-15
50c
Paper Corp.—i
______
Eaton & Howard Balanced Fund—
prior preferred (quar.)
/Electric Products Consolidated
6-
—___
6-10'
.6-15
Corp.
Brothers
6-15
j
(quar.)
"
Cable
Rome
7-10
Matson
Eddy
6Vc
Roos
5-29
t75c
>
-
of Rec.
6-30
Corp.____
Aircraft
Rohr
6-12
''
(final).;—9VsC
$1(4
—
7Vo
preferred A
—
Electric .."Perries,:;.- common... _ ^
6-15
,
7" 1
'
8
Ryan
Oil Corporation .(quar.)—;-————.
Marine Midland Corp. (reduced)—;
—-
Fuel Associates—
& Howard
6-
6-19
•
,«•
——i
registered
ordinary
for
6-15
6-30
$1 (4
prior preference (quar.)_—
6%
preferred
_____
Eastern Steamship Lines, Inc.—
$2 convertible preferred
(quar.)
8%
v.
6-15
6-22
Margay
(s-at——„—_
Co. (s-a)
RR.
7-1
-
6-30
(quar.)
Mapes Consolidated Mfg. Co. (quar.)
Marconi International Marine Communication Co., Ltd., American deposit
receipts
5-30
6-15
\
6-15
preferred
convertible
$2
;
8
6-10
$62 (4c
4 Va Vc
El Paso
6-
:.
-
25C
_—L
Ltd.—
for ord. regis, (final)
Rubber Goods Co., Ltd.—
&
Gas
Eastern
6-15
•
6-15
;•
Y.)—
Trust Co. v(N.
(quar.)
Common
6-15
2
2
Co.,
Mahanoy
Eaton
7-
7-
6-20
1
6-27
—
—
Holder»
6-15
"3oc
Ltd.—
$2 participating class A preferred iquar.)
Robbins & Myers, Inc., $1.50 partic-. pfd.____
Rochester Telephone Corp, common (quar.)
4(4 Vo preferred A (initial quar.)
;—
6-15
Gold Mines, Ltd. (interim)
Madsen Red Lake
8-20
t$l%~
Tire &
1st preference
Dunlop
-
6-20
1
deposit rets:
Amer.
.
preferred
Mfg.
Inc.,
Donahue's,
.'
2
9-
t$l'/4
—
;
(quar.)—„———
Duncan
-
7-
t$l (4
(quar.)
——
-a—:
Paper Co.
&
Power
t25c
(quar.)
___—
6%
preferred (quar.)
Dominion Glass Co., Ltd., common
"
A
When
Payable
25c
Mills,
Silk
Riverside
-
6-27
Metal Products, Inc.
Lyon
MacLaren
6-15
50c
50c
37'/aC
$1JA
31'/4C
$2
Coal Co. (s-a)—.
Lykens Valley RR. &
Common
'
(quar.)—
Mfg. Associates——
Ludlow
6-30
7-15
m
7%
cumulative
Ltd.—
Steel.
&
(quar.)
preferred
preferred
5Vo
5-25
Corp., Ltd.—
Anglo Investment
&
Dominion
5%
6-19
6-30
yv'-^h. ■ ./;U,V
Name of Company
Paper Corp._
(Rieke Metal Products
10c
(quar.)——
3
7-
1
6-
12 (4c
:
;
."•■
-r
2
yl
Riegel
6-15
75c
_
;
—_^.i—
Inc.
Per
■vU.v.
of Rec.
•••
30c
;—______——
(quar.)
Chain
6-10
7-20
7-
•*
Longhorn Portland Cement Co. (irregular)—
Louisville Gas & Elec. Co. (Ky.) common—
1
6-
6-20
25c
(quar.)—_—_
Co.
(reduced)
Loew's,
6-15
1
7-
$1
.
(quar.)
&
Dom'nion
.*
1
6-
6-15
2c
10c
•
common
Extra
»
———
Delaware
Delta
v...:'''"•
—-
15c
5c
Delaware
Co.,
Locke Steel
Debenture
preference
«fe
2-
6-30/;
-
preferred (quar;)62Vic
Lehigh & Wilkes-Barre Corp.$1%
Levy Brothers Co., Ltd. (interim)
10c
Little
Schuylkill
Navigation RR.
& Coal
6-13
6-25
31'/4C
(quar.)
&
Frary
'7-
v
•
$2.50
9-15
9-30
'
Landers,
'
$1
37V2C
$17,/2C
(s-a)—
7-
share
Holder*
Payable
share
(Ont.)
Invest. Co.
&
Loan
»•'<•& '<■
9-30
10c
5%
Name of Company
$1%
6-15
-
•
(quarj
<■
:.
'.
$ 1 3a
_
Long Hook & Eye Co.
& Securities Corp. of Canada—
;
,
Clark_____"-i.-'_L._____—_
Lang (John A.) & Sons, Ltd. (quar.)—
Lava Cap Gold Mining Corp.
——
$13A
—
Davega Stores Corp., 5Vo conv. pfd;
Decca Records,
Inc. (quar.)———
De
of Rec.
6-15
25c
_
preferred (quar.)—
preferred (quar^)
5 Va %
preferred (quar.)___
5V2%
.
Payable
(resumed)
common
7%
;
When
share
,
(clears all arrears)———L
preferred
preferred
7%
i
Company
When
Holders
Per
Name of
Monday, June 8, 1942
'
FINANCIAL CHRONICLE
THE COMMERCIAL &
"
6-29
37(4c
7- 1
6-15
^-16
•
-
.
•
i
„
;
£]
-
j
.
-...u.'
<Name of Company
■
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4079
Volume 155
''?i "a-
-
Bearing Mfg. Aquar.)/"-]".]"".Aetna Standard Engineering Co., com. (irreg.)
Ball
Aetna
Per
-iftare
■
V- <•■■■
,
When,
Payable
V
Alabama
Great
Southern-RR.—
,J,; Ordinary'. (irregular)
6%. participating
J
,
Inc. pref.i (quar.)i--
'Alexander & Baldwin^iSiif^ri/iiifiiiiiir^
Cheniical & Dye
Allied Laboratories,
15%
zz-i.iLzii.-i7.
v
.
12-19
•'
4
Common
7%
__
(-quar.)
Louis)
(St../
Home
'
$1 *
c
__
Class A
6-10
7-15
6-23
'Clark
Equipment,
.Bethlehem SteelrCqrp.,7%
pfd.
9-t15
/ >Bloch Bros.
.•
9-15
;
12-15
Bon
Ami
Cp.,
Boston &i
/
6-25
.
•'
6- 1.
.
[
y
■
(irregular)i__//__/__
6-
preferred- -(quar.,)
1;' i$Vk.6-13 Chicle Co. (quar.)_^i'i//_wJ£__Ji£s -. »• * $1
6-15 •
;:J. Extra •' \ll
1—J.
50c
/6-15/
"I
6-
•
5-29
5-29
6-30 ".
6-1
6-15
6- 1
$3
7-18
7-
6- 1
:
C6.,:'icommonz£i'^i~.I£-ti-i--'","~ >'$1"'.-6^13 -
6-15
z
4
;
/
- -
y- ^
•'
•>
Fork & Hoe
American
6%
American
4aA%
.
Gas
Co., •commonr-i--,i.i-;
(quar,)
preferred
American Furniture
&
pfd,
Electric, com.
6-12
.
(quar.)j.__
(quar.)
.
Corp -(special)/ ;
GeneraMnsurance (Houston,: .= v --
American
''.
Texas) rcquar.)
'Am'erican "Hardware Corp.- (quar.) >—
American Hawaiian Steamship,-,————
:
.>f;
15c
..
u-
.
6-
;
6-16
6-30
6-16
6-1
/
1
/
■"
5
representing
$1.75
;
the
v1
;
;
5
preTerredL (quar.)$1%
American Meter Co., Inc./——50c
77o
-\5% '£
6-19
$1
non-cum.
American
:•
•
;
.■•
6-15
,
6-19
;
6-19
Steel
American Sugar
Refining, 7%
Sumatra
American
*•
•
.
$1%
pfd. (quarr)/-
Tobacco .(quar.-)—25c
Extra
Sl'A
7- 1
$2.25
7-15
American
12J/2C.
7- 1
American
\ $1V2
' 7- 1
American Trust Co. ,(San Fran.)
(quar.)—,40c
6-15
Amoskeag Co., common (semi-annual)——' /75c
7- 6
$4.50 .preferred (s-a)
—
—
$2.25
7- 6
Ampco Metal (initial quar/)——————
'
20c ,; 6-20
Anaconda Copper Mining/Co.£———-—50c
6-29
Andes Copper Mining Co.———'—
1' 25c
6-19
; Anheuser-Busch, Inc.
——-——//..
$1; . 6-10
Arcade Cotton Mills, common——$1
6-30
(s-a)i'i—————
Telegraph (quar.)—
Thread Co., 5%-pfd. (s-a)—_ 1—
Tobacco Co., 6% preferred (quar.) Co.
Surety
>•
-
-
:
i-
*W-
^
s3
preferred'.!s-a)———————-——Arkansas-Missouri Power Corp., com. (irreg.)
6% preferred" (s-a)——------————
Armstrong Cork Co. 4% conv. pfd. (quar.)—
6-
:7
.
57o
Works
preferred
Inc.
(quar.)——/-Z—
/
6
&
•
jAstor Financial .Corp., 75c. 1st pref.
Atchison Topeka & Santa Fe Ry.—■
(s-a)
-
.•
5 'Jf non-cum. preferred (s-aT
:—_—__
Atlanta,Birmingham & Coast RR. Co.—.t'...
5% preferred (s-a)—-——
.Atlanta Gas Light, 6% preferred (quar.)——v
6-10
$2 A../
.
Avondale
Mills
;
8%
"•
6-
Mills,
inc.
Bangor' Hydro-Electric
6%
v
Co.—
preferred (quar.).
77o preferred !quar.)—
—
..
*'.
/-
/ '
Continental
:
S1-*
5
6-
5
4$3
6-15
5-26
*
(Toronto)—
'
•
6-30
ni'A
•6-25
t$lVa
9-30
9-25
4$1'A
12-31
12-24
i
;■
1
25c
(reduced
(N; Y.-y com.
■-
(quar.) '
/ 7-
Oil
Continental
•
5-30
5-
8
6-26
1
7-
1
7-
1
7-
1
6-10
•
(Bait.)—
v';
"
$1
'•
tisc. A
"
$2
6-15
1
5-29
7-15
•
7-1
•
6-15
-
10-1'
$2
A
(quar,)_^__
6-15
5
6-15
8-
SPA•-
6-15
;'
"."7- 1
$l'/8
Sl'A
7-
9-15
6-12
7-1
Sl'/a
•
1
•
V
6-15
25c
6-12
5-25*
6-18
-15c
6- 6
7-
12'AC
6-11
2
8-29 '
25c
6-
8
25c
7-
1
6-15
$1%
7-
1-t
6-15
7-
1
7-
1
common
Telephone, 6JA'A
>'
8-
Cq.
Corp,
5
6-15
90c
prefeired
1
6-
6-15
-
•
t25c
C -(quar.)
$5
6-
-
:
Sl'A
pfd._£_
$2
1
"
40c
-
-
i
6-15
62'Ac
quar.)
preferred'' (quar.)_^^__-__^__^^__
5%
--~77o
.Copper Range
2
6-15
6-15
5-31
!
t50c
6-15
t$i%
participating preferred
pfd. Aquar.)^/
$1%
(-quar.)___
$1%
6-15
5-31
2nd
preferred
6-
6-30
$1.
"
$2
(s-ai-i—
5
1
6-15
;
$2'A" ''i 6-30
~
4A
8- X
6-10
62'Ac
/Coronet Phosphate Co.
'.Craddoc.k-Tea-ry Shoe, 5%-; 1st pfd. 1 (s-a)___-
6-
6-10
A
20c
—
6-15
6-30
50c
Cp__.____-r___-____>_£-^_/—
'•'Copperweld,Steel Cq., common..
5 /0 convertible preferred (quar.)
5-31
6-15
.
6-20
6-30
6-15
,
6-10
/
,'6-10
^-12
6-20
In-
"
,
Crane
(quar.)_//__
Gold
-
Mtnes~-(quar.-)
Gas,
/i--.1,
;
6-15
£77- £2.
6-15
7-- 2
6-A
Crum
7- 2
6-6
.Cuban
.
•Crown
__£____
common-
6-
2
6-22
;
6-20
1
6-15
6-30
6-20
t50c.
$1-14
Co.1common- (irregular),__
preferred' (quar.)
7-
$1V4
.
6-30
:
$3
7-
1
6-28
7-
2.V
;$2
$1
6-11
:■ :
.
Illinois
-Public."Sfervice- Co.—^
/
pfd._///_—'
South-West
De
Utilities
$6
prior,,
preferred
t$l'A
Central, Steel & Wire, 6%rpfd. (quar.-)/____
.Violeta
Sugar ,Co. -(interim),
(less
/•"./ Cuban .ta?c of ;4.8q)
~1'!c
6-12
6-15
8- 1
6-15
6-20
Cbambqrsbprg
6- 5
.
1
7- ;6
:
5-29
6-10
.5-20
6-15
77-
.
1
1;
6-10
6-15
$1
.
25c
Chartered
Trust
&
Executor
'/Sl'A
7-.ll
com.
1
\'/r•• non-pum/ series A-preference
Chesebrough
Mfg.: Co.
(Cons.)
.6-20
5-29
£ 6-20
6-10
.
,
^
■
.7- 1
6-12
-
r
..75c
'7-
1
6-8*
si.
,
.7-
,6-29
Di^on
6- .5
SI
6-30
6-15
"Z"
/Chicago
'
'
6-10
7
7-1
6-10
I'
Chicago Towel Co£' common—'
$7 ' preferred '(qnar.)
—
12'Ac
.
—
6.15
5-25
$1
6-20
a
7%
V.6-20
6-10
,
■
r
7(!v
7-
•
6-15
5
6-15
'
6-12
6-30
' $1
.
.
6-
;
5
5-29
6-15
7-
7
6-16
1.: '• •; 4r • i
•.
.
t$3'AV
.
Sl'A
!
50c
] 5-30
6-15
6-1
6-15
•6-10 ;
7-
$13A
10-
$l3/4
12-23
1
1
'■ 12-23
7-
$2
;
710-
.
1 •
$2
(s-a)
5-30
,
1'"
$13'4
]■
1-5-43
6
?
6-20
12-19
,
1
$13A
10-
$13A
— 10-
12-23
1
12-23
t$2
-
7-
1
6-1^5
25c
—
6-25
6-13
25c
6-15
5-29
6-15
5-29
6-15
5-29
50c
6-12
5-29
75C
.
25c
25c
"
9-
8-11
$55'Ac
1
5-29
6-15
Sl'A
8-
1
7-15
62'Ac
7-
1
6-10
$1
6-30
6-19
50c
6-29
6-15*
10c
6-10
5-29
$40c
'7-20
6-30
Casting
Co.
-
Mfg. Co.
Mines, Ltd.
—
——
:
preferred
(quar.)—
Draper Corporation
Duke
6-10
-$13A
v
(accumulated)_i_^_—____
—
—
Dominion Textile Co., common
6-20
.
r:;
6-
(interim)——_
Die
Doernbecker
Dome
1
6- 5
-
6- .5
;r
6-15
1
{Joseph)' Crucible- Co.________——
Doehler
6-.8*
1
6-29
'/Ch;icagorRiyet ■& Machine Co.____-_____i.__—
^
6-12
6-15
FleVible "shaftrr-I~IIII~3I~ZlZiriZZ
v*.
5-28
6-30
.5-29
■••
"
6- 6
6-10
2
50c
ExtX9#
•6-12
f
;
.
_
9
L-"'
-
<4
Diamond Alkali Co.-(quar.)
6-
\:f: SI
Ltd.—
"Diamond Match' Co.—
i ,•• •-'■
8% participating preferred
(s-a)__
Distillers Corp.-Seagrams; Ltd., com. (quar.)
5% preferred (quar.)—
Dlxle-Vortex Co., $2.50 class A (quar.)
'
;
7-
J
pfd. (quar.) —
-r-
7-22
6- 1
6-15
£25c
/•
—
7-
(quar.)
(quar.)____^
Sl'A
______
;
,
6-20
1
25c
of- Canada,
5
10-22
'?*■
7-
50c
class - A -(quar.)
"6.
6-30
v
25C
;"$1
7%
5-29
2 /
2 ;
.' ;■;'• 6-15
$3 ''
—-
Derby Oil
6-10
si¬
9-
25c
6-18
:
6-10
Sl'A
CorPorafi(m
:
6-30
ll-
10c
Hotel ' (irregular)—
ftir
S2 ;••'•-
10c
,
preferred
(quar.);.—'
preferred
(quar.)-___
<&: Refining. $4-preferred
Detroit Steel Corp.
—
Devonian Qil Co. {quar.
Dewey & Almy themical -Co., common.——
Class B
1—
6-10
7-
-
1
20c
>(quar.V_^_
A
7%
6-10
1-,
,t$i
_/l-
.(Tor.), (quar.)
5-27*
"(quar.)—
Detroit-Michigan Stove Co.—
■
(quar.)__
"•
Corp—
:Ltd..
Aircraft
Semi-annual
6-11
8-20
.; 50c ;
Co
„„
Detroit Hillsdale & South Western RR.
5-20
6-15;
-
75c
-
6-20
7- .1
-
Chesapeake & Ohio Ry. Co;
5-29
6-30
Engineering
Champion faper & Fibre common
6%
preferred- (quar.)
Chapman Ice. Cream Co
Stores
preference
6-
6-20
6-23
6-10
"-
(rrtit^alri
.Dentist's Supply '(N..Y.) 7'A pfd. (quar.)__
V
preferred' (quar.)—
•. "7%
preferred (quar.)_-—
A—
Central
5-21
Frere,
De' Witt
Delta
6rl5
f$P/4
lien'preferred
Fisher
Havilland
6-10
Co.—
1
&
6-12
1
'|
Sl'A
Co-Operative Corp,—
preferred (swa)
1
5
6-30
$i'A
:■
.
RR.
League
6-15
7-
Clinton
5-29*
6-15
t$l
—
Sugar Co: "(Interim
Dayton & Michigan'R.R.,- 8%
'
$7 prior.lien
_
Port
Darby Petroleum
5-28
7-
--
.
"Central-^
&
56'Ac c
———l,
,
Central Maine Power Co.,
5% pfd. (quar.) .'
pi-eferred i:(rjuar.)li_//;__-r____;^___/_
$1.6
.$6 preferred - fquar.)/_/_*//.
Sl'A "•
/' ■
7%
preferred (quar.),a£//r//.iir./2//r//i^"$l%
*.'■ -v6%..
5,%
.David
5-28
6r25
Atlantic
1
"
convertible. pi-eferred
Daniels .&
-
t$l'A
+$1V4
t$93/4
62'Ac
._
Central Indiana' Gas Co.,- -6JA%
.
-
,
;£/
•
6- ;5
-6-25
of America—
(quar.)..__
& Foster, 8% preferred (quar.)——/
.Dairy
6-24 :
r
Co.
—
6- "5
7- 1
5-29
Curtis Publishing Co., prior pref. (reduced).
Cuttiss-Wright Corp., class A——
6-20
J4c
:
.
5-29
6-15
/(,semi->annual),
v
6-13
6-12
Steel
(extra)
1—_____—A
Cuneo Press, Inc., ;4 A % pref. (quar.)
%
! Cunningham Drug Stores, Inc.—
:
6% class A prior preference (s-a)j/_:—/_
Cutler-Hammer, Inc. (reduced)______:
5-15
1
7- 1A
t$l
••
,
57o
>-
Culver
7-
6-
6-15
6-15
25c
Lie.—
preferred (qUar.)£_
Trust Co. (Montreal)" (quar.)
Crucible
Light, Heat
Westirtghoyse eo.,-Ltd; i-quar.)^_^-
$2.25
6-15
t
6-13
25c
___
Seafco.,
Crown Cork &
V.
;
.16-15
7- 2
.,
>'
" Sl'A
preferred (quar.
■
'7-^2.
f 2c
.
'5 %
Petroleum ;
" 6-24
"
6-15 •/
7- 2
7- 2
J25ct5c
$15c
.
Company,'
/Creole
5-15
7-15
6-20
6-30
-50c
3rd'preferred '(s-a)zzz^z~~--~j~-'—
.CrowelACollier Publishing Co. "(quar.
;V'6% preferred
,f$6. prefe/red
;
6-12
£ 6- .5
6-26
and
Sl'A
v. '3%
.
.6-15
6-15
6%
Central
.
6-12
'
'
6-
6-15
(quar.)_-_
Continental' Steel
J
.
£ 6-10
6-25
,
ft/?
5-22
6-15
1
(irregular),./--'
Industries,
Power,
7-
Ltd.—\'
• /
^ry
A'•ordinary registered (interim)nl21A'A
ordinary'registered (interim)/
al21Ac;
Case
(J; IJ Co.preferred (quar.)'_j__'_
$la/4 *
Cass Bank & Tfust Co.^ (St. Louis)
(irreg.)-/— - - "$2V4"
Central/ Cold. Storage Cor-(quar.t/---//--/-."40c 7
Central .Illinois Light Co./ 4 V27o pfd. (quar.)
$lVs
5-30
7-1
_
50c
6-15
25c
62'Ac
1
'
iquar.t
preferred (qtiar.)i/__/___-_i.w/--.^T.i--:-;:
"Continental- Can Co.; Inc.,- eommon (reduced)
.Continental Diamond Fibre Co. (reduced•'
Continental Motors Corp.- -(irregular) zz--zzz-
1
'5-22
'
'.Badger Paper
preferred
6-20
Class'B
•
6-23
6- -1
7- 1
.
.
(monthljOr-~l-/-r/----/-->_;-';;/
6-15
(quar.)
,
6-20
"Class
5-30
.
r
'
•
$4'A
Carreras,
-
'
'8- 1
$1A,.,,
Atlantic Refining Co. ..common (reduced)—
15c
4% convertible preferred A (quar.)
—
.
$1
Atlas Drop Forge Co. (irregular)—————
50c
Atlas Imperial Diesel. Engine (irregular)——
15c
.Atlas Powder Company—-———:
———75c,/
Avery (B. F.) Sons 6% preferred (quar;)—.,37'Ac
,
9
; 5-28
6-23
/
6-22
_
'?
Power
preferred 'series
7-15
m
;
.
-Capital Finance'Corp.,. 6% pref. !s-a)
.Cariboo.GqM Qpartz Mining (quar.)_____
Telephone & Telegraph -(quar.)
.Carpentfr ^teel Cos'(irregular)
*
s2
6-30
50c
•■
(quar.)'
*v-
5
6-
Sl'A
—
L____J
4'A % .preferred series B (quar.)___
Consolidated Gdld :■ Dredging, Ltd. (lTregr)/
'!
6-15
.
t$2
^
;
6-10*
(quar.)_;m_-_.__
Film
7-25
/ /
,t$l%
..
-Carolina
9
e-
'
4.
6- 5
6-
.
.
6-15
5.-30
'
(quar.)
1
6-30
-
com.£
z.~.zi-r-'
Natural
Co.; Ltd.,
Canfield Oil
6-20
/
6-30
.> ,67 Ac;;./
Power
Canadian
6-20
-
^l1^
(quar.)——_——
;
.
I2V2C
'
15c
Constable Corp.—-
Metal
6-15
6-1
+50C A
.
7-
30c
Consolidated Laundries, $7'A pfd. (quar.)
/Consolidated Retail Storef, 8% pref. -(quar.-)
5-30
__
Canadian Western
'
5-29
•
4
conv/preferred
(Canadian Malar'tic
1
6-15
6-16
6-15
•
60c non-cum.
5-29*
6-29
6-20
..Asbestos Corp., Ltd. (increased quar.)——J20c;. .-"6-3.0
V
"Extra^ —J
a—tlOc /-■ 6-30
Associated Breweries of Canada, com. (quar.) >3, t25c
6-30
{
V7o preferred' (quar.)—1^—^--—$$1%
7-1
Associates Investment Co-., common (quar.-)_
50c
6-30
Arnold
•Art
6- '9
6-15
-
6- 5*
6-16
$l''/2
$1
"
V
'
6% .pMevred fquqr.)i_-rr_:r~r___
• .y. $1'A
Canadian foreign .Investment Corp.; Ltd.—
9% preferred; .(Quar.)
iT* $$2Canadian. General Blectric-Co.rLtd; (quar.)
,t$2
,
..•e-1,
6-30
,
25c
/
4'%
; •
6-12
...
6-15]
.
•'
J5c
Canadian Cottons ."Ltd;,•, common -(quar. )$1
'
6-
$3;40
$3"*to
/;;(;->Parti6ipatihg <zJh
6-20
6-10
;
6%
Ltd;;-class ft
preferred
Common
■
5-29
6-10
150c:
Pai^icipatinfe'/ i:y.
.—
.
Ltd.;
&
Consolidated-Edison'Co.
.; ' $5
■
6-10
6-15
;
;t37VaX5
-
l$t preference j quar.)
■5%
•
*
5-29
American Telephone &
.
■
6-20 A
"';'r creasing the redemption price of this pre;
i nferred stock
—---•
t85c
Canadian Canners,-Ltd. common (-quar.)^^r • $12'Ac
6-15
-6"15
50c
.t
American
& Cable,
dividend'rrate^from
■
6-13 I-
7- 1
6-15
,'7- 1
7- 2
5-15
50c
25c
*
.
L s Class B '(interim)')A./-_l/l_/ir——
■V.v->£v'"8'm%') pffeferred / (guar.)
"6-.1
•Canadian Breweries; ' Ltd.;':"$3:' "ConV, ;pref.
••£-'£'" v ':'V/((quar;)^St6c'khdlde^»^.7kpproved,r plan .:lor
I 9- 4 /"'clearing all/arrears by -raising the annual
6-301
6-30 >
>30c
Co.—
Stores
American
(quar.)—«
—-
(Ind.)
Foundries—
6- 1
& Forgihgs, Ltd.—
5-28
-
non-cumulatiye,'preferred—-■
American ;Stam^ing<Co._L
1
"
*
12 Vic
States Ins, Co.
5-28
7- 1
15c
6-10*
,Cons. Diversified Standard Securities, Ltd.—
/
$2.50 non-cumulative preferred 4(s-a)■ t37V2c
6-13.
410c
,
1
$1.06 y4
(Indianapolis)
participating preferred
/Consumers
(interim)
9
7-
(lrtegular)___£_
(quar.)_l
'Connecticut Light
6-16
tSVAl
9
6-
••
,'7j%
American
2
6-10
6-20':
J62'Ac
—--—•—
Northern -Power "Corp.,
Canada :Wire
>
American
Stone.COrp.,'Ltd.
Class A"4quar.)Jt-i-/'-i--_iCo.,/Ltd;-^1; '^
Registered shares (quar.)
Bearer shares $,(quar.)ri£:;*i^^~:-.
'
•/
6-
.
6-
6-30
'
5-29
6-30
>
6-30
"
T
6-20
.yi-mVu'S.';'.7- 1"
,y7/A /pxeferred ;(quar,:)T//._^_£___._____,,/_.;
Canadav:Permaheht Mortgage Corp. (quar.)
;
"
)
..25c
/
..
'
.
Crushed
Dry Ginger. Ale
Canada
:
6-10
'
•
/
6-15
Goods, 17o
preferred (quar.)™
—
'
7%
preferred
(quar.)-_v___/i_'_,i/,_-—
American Power & Light-Co., $5 pfd;ii-'//-
/.
7-15
6-30
•
'•Consolidated Gas El. Lt. & Pwt. Co.
fquar.)_,
Canada Malting,
.
(Irregular)* '-50c ?;•
pref/(quar.)_1 - • $1%
" $1% j
preferred
Paper
7%
;]
$1.9177
Canada Foundries
4
v
„
8'7e
6-15
62'Ac. ?v
6-30
$1.06 Vi
(quar.)
Corp.
Confederation Amusement—•
at
■
;<> Canada
6-"2 ;
6:15
,6-15
9-15
12-4
$13A
12-15
6- 9
* ' t62 V2 c^v7-l5
6- 9
/: $0 preferred—t75c
7-1;
5-29
American Public Service 7% pref.i/u—__//v
t$l% - / 6-20
5-15
American Rolling Mill Co., common..——
25c /" 6-15
hi 6-15
.AVa'/c convertible preferred
(quar.l
• - Sl-Vs'.• 7-15
American ^hip Building Co.,. common——:
:
$1 ,, ; 6-30 .6-13
'v/:
thereon
5-21
-7-15
tlOC
Corp.—
convertible preferred
Consolidated
CanadavCement Co., Ltd.-f: , v
.'
;6A%: preferred- (accuni.),__i,—— A
6-19
6-15
?v<vr." t
American National Finance <Corp.—
•
and Interest
1
BreadiCb.",<*Ltd.i'6%"lst pref. (quar.)
class B (quar.-)r£iii:i2r-L_-_-
Canada
4
5-29
5-22
6-15
75c
preferred
preferred
$2.50
of
rate
6-10
6-10
't2c
$5c
Quarterly /
i
v__
^
;
Quarterly
/
•
A Quarterly'
5Congoleum-Nairn, Inc. (quar.)—
.
6-30
$1
(quar.)
'Confederation Life-Assurance
1
SI
-
(quar.)
common
6- 1
$1
50c
dividend
:'
1
6-20
6-20
J___i
Solvents
9
6-
7- .1
common
Trust
4-17
4
7-
:
5- 9
7-
6-30
Sl'A
$1%
25c... .'•6-15
«m.
6-15
(quar.)_________^___
Investment
(quar.)
$4.25 'conv.
5%
•6-30
$1.06'/4
(interim)
preferred
6- 4
6-19
50c
(quar.)__/_
Compo Shoe Machinery, com. v t e
6-30
:
;..
6-15*
^7- 1
6-26;
6-30
O-30
Oils, Ltd;
Commercial
"5-29
:
6-3,5
.7.-/1
6-10
'6-12
6-12
*
12'Ac
■Community Public Service Co.____
:
6-26
'Campbell CtA.: S.)v Co .^(irregular) ///,
'Hi- 37'Ac..
/. Campbell, Wyant & (Cannnn Foundry Co.___ : ;/'£/25c. A ". 6-25
1
-
due Aug.
$5'A"-
;
common
5-19
.
Ink .Co.; Inc. '(reduced)
Calumet.--fe, Hecla Consol: "Copper
r-6-12
•;
1
common
tA..110C./. ..6-15
:
/Canada
-
,
-6-10
50C /;
..
common
,the'!: quarterly
.
5Vo conv, preferred 4quar.)
62 ^c
$2 preference' (qviar.)--_
^
c50c
American "Machine &. Foundry. Co. j-iA.--— '.
20c
American Maize-Products Oo., common^25c
.
California
6- 1
-•
1
"Commoitwealth Loan-Co.
5-26
.
iylj
6-
7-
7-
Corp.,
6-10
.
6-10
-
Sl'A
•.
/Budkeye Pipe -Lhie'.Co.__i/i:,_i_
•JBullard ;Co/--/,--;-..,.v!'.
..
I 6- .5
„
6-12
5-29
6-15
6-25
.
6-20
IOC
':',Burd/-lPiston; •;Ring/___-__r;ilz;z/i~i2Z-i-H
6- 8
15C
•; vfButgess "Battery^-Co y1«irre^ulaT)A'_:
'
.Butler Water Co„il% pfd.; (quar.)il_l__—_£
:;_;Si%;/ ;• '6-15"
'■> Byers cA. M.) Co;;J.%< pfd. "(accumulated),
6-15
4
1
'(quar.)-_//______
preTerred
com.
6-15
■;
5-19
•'
,
1
■
7-13
AmericaniHide &,Leather Co.—r' - •'
.
-> 1
'<
(j'/o: convertible preferred (quar.• r^V
75c V; :'6-30
American Home Products-Corrp. (monthly) rz'"
20c •
7- 1
'American Insulator Corp;; -common^-/i,/i-'-; '• r 10c< v-'6*30.y:
Convertible prior preferred- (s-a)/_——; .
75c '
6-1-5
American Investment >Co/of-111^ /*
<»%•-*
/ .
'
..
7-
A t80c
$5' preferred ; '(quar.)
5-23
6-15
7-1
6-30
75c /
5-30*
'
6-
pi-eferred
4'A 7o' convertible
6-15
6- 6.
f.-f!
5-25
6-12
7-
(s-a)'__;
Commercial
1
;
6-19
1
'
Sl'A
•Commercial, Credit Co.,
7-
75c-
Silk/"Milljs," Ltd.:;(Interim)
Brunswiok-Balkq-Collender,
*
25c
-
50C.
(quar.)____/ii:rc//_z___/_.
CompSny-•'
»;■
8%
r
6-8
•
.
* 25c
; "
,
%
5-^5
-
8- 8
/
7- 1.,
0-30
■
,
'7-
$l3/4
(s-a)
'
Bruck
,
0-15-.
6-15
7-15
7-15
6-15
-""25c
$lVa
$13A
y 40c
General
American
>BrowneIl
•
"
.
(quar^_-£_^.——li-'—-/. $1.183/«
preferred
•
5-23
t35c
-
i—:—
Co., 7%
'
•-
'*$7 prefemd."^-^>-_-----i-~--.-Mii^--£/-/■ y
Common A
$4.25
6-16
:
6-12
6-15
'CommercialAlcohols, Ltd'.;
6-15
6-15
6-25
"6-18
6-10
6-15
50c-
:
.
$3
6-30
r
6-19
6-15
7- .1
-
20c
6-30
6-25
*25c
6-30
t$l'A
pfd."(quar.)
1 reduced) i_ "f
'•Co.; com.
.'37'Ac-.
8-25
J; it 30c/
$6 -preferred
& Co., Ltd., 6%
;Brqwn-Fence;&•;Wire,-preferred A_:
Brown &"Bharpe. Mfg. Co; (quar.)___
vl^xtra.'v
11-25
^l'-Vi'/ •■; , 7-/l';"
preferred'-, (quar:)
Anmrican Is Foreign' Power -Co.—
(T. -G.)
Manufacturing
,-r
6-12
*
'
'"V,
6-12
•
*
1 ]-■.
-j
;
-
Bright
•Brillo
6-15
30c
75c
Patent Fire Arms -Mfg. -(irregular)
"Columbian 'Carbdn Co. (quar.-)
,
..
American 'Felt
;f/
6-20
1
75c
rCol,onial. Icq Co. $6 .preferred B
$7 preferred (quar.)
r_
S-30
2
5-20
1
7-
2c
31'Ac
International
'Command
140c
6-20
7-
25c
"
/_
•
2
Sl'A
j_v_'
'Colt's
L.''
5-28
5%-pfd. fquar.)
Colgate-Palmolive-Peet,
6-15
75c
'
->
,
^t;r ;'Ck>mmony.;(reduced):w--$l'V&/--;.^':6-rl5y.
^ *6%
i>referred - '(quar.)i^ii_^£_£--////JJi_'-/Al1/^' •• 6-30/
American Cyanamid Co., class A (quar.-)_—- ,15c-7- 1 .>
"i. Class -B (quar.)__i
i.—i.-i4- 15c •. • -7-. th
jjreference (quar.)-__i_^/__^^._
12Vic..'. 7- 1/
American Envelope Co., ,7 '/e»;*pref.. A -(quajr.).... - - '$Wi A- 1
7% preferred A (quar.)——
;
$1%
: 12- 1
American Export Lines, common___/___l_/j
50c
6-15
;
t
5"/i>
preferred (quar.)_-_£-^-----_--—$1 '/<
8-15 •
/'American Factors, Ltd
—" 30c
6-15
■
v
•
5
6- 3L
.
,,
7-15
6-30
5-28
Cockshutt Flow Co., Ltd._i___
Coleman- Lamp & Stove Co. (increased quar.)
A ,7-15
$2
■;//•; 50c
A
"Class 'A
$2'A
Aibany BI?. CQ.—£i_—
class
'Coca-Cola
"
v:t '5%
<\r'
83
6-15
7-31
6-
6-15
commom_:__-____-____
Company,
'■
6-12
7-31 .;■"..
si
'Coca-Cola
8-25
.
7- 1
7-15
6-15
$l'/4
(s-a)____/_.
'Coast Counties Gas & Elec.,
1
•8-25
6-30
62'Ac
!_
;. 7YA
5
6-
6-30.
50c
6-15
7-20
75c
Peabbdy & Cof, common "(interim)_'__
preferred ■ (quar.
6-
9-1
4oc v
class A-(quar.)r_
:.v'6.%■' preferred^' (s-a>—£i/-ii—
Brazilian"Traction,;-LightPower—
1 /'Ordinaryshapes /(interim)
•
.
Vi*'
"•
40c
/
1'.'•■• •
6-15
"> Sl'A1.'-:.
______
.Boston/iVovenvHose-& Rubber Co.—
.
3
7-15-
A
A/Br-assirrs^iz——--.,.
Boston Wharf Co.
.v
7-
Sl'A
6-30
6-12
JClorox ChemicaF (quar.)_-__j/„__i________
6-20
7- 1
75C
SI % ■:•:•■:■
/.
12-15 ,Class ■•B/.
j.quar;)-^_-£_^r///_—
6-16
Borne-Scrymser 'Co.
5-29
'Cluett
(tptar.)
Tobaqco/6% "pfd; (quar.)
Aluminum
Bobn
4
6-15.]
■
6-17
15c
preierred
Ry.
6-13
6-13
25c
Clearing Machine (quar.)-/__r/___/rr/r/__^/
'Climax Molybdenum CoAt/_/r/__
6-30
Si:;/" 6-30:
H. 13c.
(quar.)
/Birmingham Water Works, :6% pfd.
^
6-15
:
6-27
30c
(quar.)/
common_/i______/
(quar.)
Mines (initial)
6
6-13
6-27
15c V
(reduced
•Clayton ' Silver
'Clearfield A Mahoning
6-15
>
Cigarette & Cigar—
6-15
1 ■':
1;
,
American
V:u
7-
5.%
,
Co:
6-
6-30
$1'A
$1%
Controller
1
"6-27
____/
Clark
7-
6-15
5-25
6-15
(quar.)_________i_i__
City Ice .& Fuel Co., common___
City Title Insurance Co. (N. Y.)
;
1
9-
-20c
(quar.)__r_
Staipping.
6-15
30c•
(quar.)__r__
Auto
6-15
7-
15C "
;
-
5-15
$l'/4
2
ioc
(&-&)
6-20
6-13
"
2
6-
6-15
7- 1
$l'/4
(quar.)
7-
6-15
$17
$1
-.7-
v
6-16
$1%
preferred
City
7- 1
7-20
10-19
r
preferred
A. $7
./;■
1
2
(reduced)
common
(quar.)_;_
Corporaticm
preferred
$6
,
6- 4
•
American
6-15
6-12
>
-
$5
7- 1
t$l'3A
Apphahce.V'cdmmon "(initial)
1
Securities,
preferred
8-
7-15
•'Ciirclnnati Street Railwayi____
.Cities Service Power &
Light Co.—
5-29
v
■6-1-1*
6%> preferred (quar.)
American1 Bank
t$l'A
-6-11*, / !Brewing:.Cor4p./qf - AmericaiZ£^,—.
50c
■>--preferred'-/iquar^i^i^-2jLI--i^ii/l''/r:;':. <->-'75c6-23
"American Bemberg Corp., 7%-.pfd:/(6-a)""""y $3V2
'.Bridgeport ^Brass '"Co.,;:vcommon_————r—
"25c/A
V'rv 7-1
6-17*
'A-«■5V*7o /convertible7preferred'-''(qtmr.);
American Can Oo.v1%' preferred' (quftriy^^>/
si-%
$l%fi->!-7^.^1 ^
6-19
5v "Bridgeport riGas
:
40c.
.-/American Central Mfg. Co., 4%-^onv/pfd;^->~:/'--:--''50c •/'•7--'l
x-;
/: v'/tBriggsi^^attqh7'CbrpiJC££±^tr;^£fe:£^lv v'j..':*75c\:
Americaai Chain'<fe"CableCo.^
^Oc'v /A-15 /
■:
5
6-26 V
'
/.
t$l
:/■■
.
16
5-29
7- 1
25c
.
:50C
:■•';'■•
/Bepsonhurst Nat'l BankfBrooklyn) ,(quar.)
-.iBerens-River-Mines,-; Ltd. ^Interim)
5-28,^/' Bessemer •iLime.stone^& iCenTent—
6-15
-.preferred t (ijvmr^L'—f-—
-
,
; v '
-
.
6-
6-15
7- .1
;••' t3c.
•
6-1- V
6-15
;Note;-^coirtmoni^-^l._^irii;--':^.;;::-'30c^;i-};7ryl/>-"
(quar.).v
-Bendix
v
-
$4.25 convertible preferred(quar;)r —$1.06^4/
•
5-14
-
1
6-15
.
.
t80c
•-
.
Gol(i.-Mihe6,;Ltd.7.(reduced quar.)_j,
5':f*iParticipating•
6-17,-;
:
.,
.
;
:
1/
•
.
$1
Insurance> Co.
8
6-15 v;
"
12-31
10c
> :
____
Automobile
6-
7-
equar.)i/_£i/ / :Q' t$2:•:/•/
:' 15c..
/Belmont, Rddio Corp.; (quar.)—£-1—'.
6-10
-32-31:•.
7-, 1'
.$194
Quarterly
American Airlines, Inc.----.''-~f>*;^
American
15c
50c
;
'6-30 * 6-15 ./•:jBiack-0lawabn; C6.;';co'mmohi(quar.)
6-30.. L' 6rl5 4 --Black &/Decker ]Mfg/Co./(trreg-ular)_/_"_iT_
50c
(quar.)
•—r.;
preferred (quar.)„-™»-__^^-^^--~.^-V.r'.
1." Amalgamated Trust & Sav. Bank (Chic.)—; •'
\
,.
'Bell Telephone-Go. of Canada
•
6-10
9-30.$13A-v>*9-30H
.
Amalgamated Sugar Co.
.Clnn., New Orleans & Texas Pacific Ry. Co.
5% preferred (quar.)
-
t-'l% preferred (qua.r.
6-10
•(quar.)_________i"."//t62;"1i.<6-15.v/i
6-15
;7'Jo preferred '(quar.)
■
5-26
6-25...
.
.(quar,)l^»iiii_-i-~--i;*f'15c.c*-.
./Aluminum Manufacturers, • common (dquar.) ; ":. ; 50c
7% preferred (quar.)>_i._«_^.
$1%*•Common ;(quar;)—•>>'"- 60c .■»;
V
5-31
^Beech Creek RR/; (quar.)
6-15
/
^7- 1?
Portland i'Cement.i^_-i_'_i_--iri.i-:__--i; ";.25c:.•.
Aluminum -'Industries
r
6-15
:
_
;.6-,.5/ '/ Beech Nut Packing .Qo. -(quar-l,-:——
6- 5 /
'Belding-Corticelli, .Ltd., common (quar.)
?
'/ 7-
" Aluminium, Ltd.; common
^Chrysler
'77o
of Rec.
11-
25c
5-30
Christiana
Holders
Payable
Sl'A
6-
-
,
-
.Aluminum Co. of America,-common-6-12<*
6% preferred-(quar.)
$1 'A i ,7-.
t
3
When
.
$1'A
(quar.)___
6-15
-1—
i.
1 t'_v_
Beath. (W. D.) & fSons^ class A-(resumed)-^,
...
Beattie
6-20
(quar,)_/
6-30
37'Ac;
-6-20,<
preferred, (quar.)_/__
Chickasha Cotton Oil Co.
3
6-30
'
n2'Ac;
(-quar.),—
Oil/Co./_i_
_
6%
/'
6-15
2
preferred
6-
6'Ac
v
■16-21
11
SPA"'"6-15
6-20
15c
1
.
..-preferred.',(quan)^c._:-j__r_-i_--'—V-SPA
Alpha
.
6-15
'7-
,
6%
.
share
Coal Co.—
25c
Refractories A,__
•.
Company
7'Ac
of'Canada
I r on\-Wo r k s
6-15
6-30
^
t$3'
(quar.-)^
Bath
•
•
'
v
-Barnsdall
Co,
Basic
Allied Stores•
Barber-Ellis'
/
6-26
-/Allied Mills; Inc: (trregular>AjiAiLi'i---';2L-rT^^,;.:i.60o-r:''/ "6-12
■Allied Products-Corp., common t-(quarr) J---25c \."/7- 1
Special.
25c
7- 1 /"
Class A (quar-.)
1
433Ac"
7- l.?;4
t
Barber -(H.- W.)
6- 2 v.:
(qutfr.)Sl-,Al.
Corp.
Inc.
$1
;*■
V ;6 %; preferred (qqar.)
;
m
6- 2
,
t$l8A
7-2:Sl'A". 12^29 "j
SPA
:, 7- l v
(quar.)r__„^^--^-^.i--.
$lVi-,. 10Allegheny & Western Ry.,-gtd; (8-a)^i:^_:;_--- ;/"./"S3 ■%£■ 7Allied
v
'* Name of
/
'
Preferred
.
■
,'V*
preferred, (s-a),—.
/Banke'rsyNationa'l Investing,-common equal'.)
6-20
6- 5 /
6-30
-60c
Per
.
of Rec.
;Chicago Wilmington & Franklin
Bank of. Nova SCotia, (quar.)
,
A"" $4%*'* 6-26
(irregular)
..
1-'j
6-26
$4% '
$2 convertible
6-15
£"•?•"
Alberta /Wood Preserving,- Ltd.-*-"* kn'7%
preferred (quar;)_i_i._u._J-i—.1--
,Albers Super Markets,
Preferred, (quar.)
•
.
6-20
7- 2
7-1
6-23 A
-
-1
;>.7
pfd.
.
Payable
')
:.i Bank of America National Trust & Savings
:ommdnf (quar.jj.i
vj ' Association, /common'
__i
5-25 "
6-30
preferred
Agnew-Surpass Shoe Stores,
Holders
When
.
share
Name of Company
v
:
; 6-15
50c
1V
6-
Per
,
;.«/jv
of Rec.
35c';]" 6-15
.
(quar.)__;___."____]__i£.i::_ A" $I'A
7f? pref.(quar.) "■ t$l%
.Agricultural Ins.,(Watertown, N. Y.) (quar.) ; ^y75c
AJax Oil & Gas Co., Ltd. (resumed)
2c
'5,%
•
■
Holdert
,
2145
Power
Co.,
preferred
(quar.)______
—.—-----——
.
7-
+$l3/4
7-15
6-16
2
6-
,5
75c
common
—i
—
7-
1
5-29
75c
iqua"r.)_—
(quar.)_
tSl'A
7-
1
6-l5
$13A
7-
1
6-15
THE COMMERCIAL
2146
.■•■.'V.
Name
Corporation,
Dravo
"/ share
of Company
15c
15c
15c
75c
60c
37y2c
Common
preferred (quar.)
Co., common—
Inc., common (reduced)
Driver-Harris
Dun & Bradstreet,
preferred
8%
(E.
DuPont
preferred
Malleable
Glen
6-13
Globe
—
preferred
(quar.)
common
5-26
Golden
(quar.)
—
(quar.)
Register Co. 5%% preferred tquar.)__
62 j/2c
62y2c
(irregular)
Electric Controller & Mfg. .
Electric Power & Light $7 1st preferred.—
$6 preferred
——
—
Electric Storage Battery (quar.)
7-
Egry
El
Co.
Paso
Ely & Walker Dry Goods—
7% 1st preferred (s-a)
2nd preferred (s-a)
6%
$6 preferred (quar.)__
participating stock
Employers Casualty Co. (Dallas, Tex.) (quar.)
Quarterly
Emporium Capwell Co., common (quar.)
4(4% preferred, series A (quar.)
Engineers Public Service Co. $6 pfd. (quar.)
$5.50 preferred (quar.)
$5 preferred (quar.)————————
English Electric Co. of Canada, Ltd—
$3 non-cumulative class A (quar.)
Erie & Pittsburgh RR.
(quar.) 87V2c dividend less 7Vic Pennsylvania State tax
Erie RR. $5 preferred A (quar.)_
$5 preferred A (quar.)
Eversharp, Inc., 5% preferred (quar.)
Empire Power Corp.,
$2.25
(Syracuse)
preferred
Co.
Insurance
Excelsior
Federal
Truck
Motor
(Bait.)
America
10-24
7-
6-12
,
Fund I
6-10
5-29
1
12-
77-
1
11-20
I
6-20
A
1
h
6-10
7-
1
v
5-29
6-
Hecla
5
6-22
7-1
6-15
6-
6-15
6-10
6-30
6-20
6-30
6-20
6-30
G-20
6-20
preferred
series
•
B
Hibernia
Hinde
5
Corp.
6-23
class A pfd.
(quar.)__
(initial).
(quar.)
B
conv.
&
Co.,
common
(quar.)
preferred (quar.)
——
(quar.)
preferred (quar.)
Acceptance
A
_
common
(quar.)
(quar.)
Baking Co.,
—
common
—
•
(quar.)
(quar.)
General Candy Corp. (quar.)
Box
Co.
General Cigar, common
General
Electric
General
Fire
Co
—
Extinguisher
General Mills, Inc. 5 %
Motors
$5 preferred
Corp.,
6-15
6-
1
Hooker
6-15
6-
1
Hoskins
Precision
Railway
6% preferred
12-1
11-20
5%
6-15
6-30
Howey
6-
■
i
6-20
shown
The
of Canada
6%
8-20
1
6-15
1
6-25
Illinois
10- 1
9-15
Illinois
7-
1
37(/2c
37(4c
12 (/2c
2 (4 c
$l3/4
7-
6-15
7-
'
6-
4%
5-30
6-15
6-20
1
Central
$6
Ltd.
1
Quarterly-
6-
1
6-
1,
Indianapolis
7- 1
6-
1
5-29
6-15
68%c
25c
25c
10c
$2
13 %c
l'/2c
25c
25c
35c
50c
-
25c
25c
7-
1
5%
5-29
5io
5-29
6-
5
6-15
6-
5
1
7-18
7-
1
6-20
1
6-15
6-
7-
6-10
Industrial
6-12
5-14
1
7-
6
6-16
6-
9
7-
1
6-10
7-
1
8-
6-10
3
(quar.)__
50c
6-15
6-
8*
1
40c
6-15
6-
4
7-
6-15
1
Extra;
1
5
15c
1
6-15
7-
7-
30c
6-20
6-15
6-
6-15
6-30
6-26
6-11
1
6-20
7-
6-
5
6-30*
Liquidometer
6-30*
Little
6-12
5-26
6-10
6-
6-30
1
6-19
6-30
6-19
7-
6-20
1
7-15
7-
6-30
6-19
3
7-
1
6-11
7-
1
Corp.
Bank
7-25
10-26
25c
37'/2c
87V2c
6-12
6-12
6-12
5-29
10c
6-22
v
Business
International
Harvester
International
4%
Minerals
preferred
Co.
9-30
12-31
7-
1
6-20
10-
50c
6-15
6-
6-10
5-22
7-
6-12
1
5
$iy*
7-
1
6-12
7-
1
6-15
10-
6-15
6-
5
preferred (quar.)
preferred (quar.)
preferred (quar.)
Lynchburg & Abingdon Telegraph
M. J. & M. M. Consolidated
6-15
6-
5
McClatchy
7-
6-
8
8
6 y2 %
.1
6'/2 %
6'/2 %
9-15
1
6-23
6-
$1%
7-10
7% pref.
7%
preferred (quar.)_
—
McCrory Stores Corp.
(quar.)
6-22
&
■.:,
40c
6-26
Newspapers,
Co.
(s-a)
(quar.)__
7-15
Inc
McKenzie Red Lake Gold Mines, Ltd. (quar.)
McKesson & Robbins, 5y4% pref.
(quar.)__
Macassa
Mines, Ltd.
(quar.)
Mackinnie Oil & Drilling Co. (irregular)—.
MacKinnon Steel 7% conv. preferred
McGraw-Hill
6-10
50c
1
6-20
1
(quar.)
Chemical—
(initial)
$1
6-30
6-22
50c
6-30
6-
International Nickel Co. of Canada, Ltd.—
Payable in U. S. Funds
International
Ocean
International
Salt
International
Interstate
7%
Telegraph
i
(quar.)
Silver
Co.,
Department
1%
Stores,
preferred (quar.)„
Interstate Hosiery Mills
pfd.
com.
$iy2
7-
1
6-30
7-
1
6-15*
(quar.)__
25c
6-23
1
7-
f
6-15
6-
1
(R.
(I.) & Co., common (quar.)___.
preferred (quar.)
-6% preferred (quar.)
Magnin
9
8-
Co.,
Magma Copper Co
6-12
7-
$l3/4
25c
1
7-15
$1%
(irreg)_
Publishing
H.) & Co. (quar.)
Magazine Repeating Razor common.—.—
$5 preferred
(quar.)_—
Macy
1
50c
Co
6-1
.
6-15
7-15
5-26
3-25
I
11-24
3-25
<
8-24
11-24
6-20
7-1
$lJ/4
25c
6-20
6-30 /"
7- 1
$2
75c
t$2V2
-
8-24
6-11
9-1
9- 1
6-15
8-20
'
8-20
11-20
Lunkenheimer Co.—
1
1-2-43
$iy2
25c
Cigar Machinery
International
6
6-15
6-10
9-10
12-10
6-10
9-10
12-10
6-30
12- I
12- 1
■
$iy«
(quar!)
6
6-
/
6- 9
5-22
.
(Chicago)—
Machines
6,
25c
_
$1%
$1%
$l8/s
$3
V»c
43%c
433/4c
25c
'
International
5-29
$1.10
$1.10
$1.10
50c
50c
50c
$1
(irregular)
Participating
6-30
$3
5-29
Miami RR. Co.—
6-10
7- 2
(s-a)
8- 4;
30c
6%
4-21
Common
6-12
11-1.
.
.____
capital (quar.)
/
Original capital (quar.)
Original capital (quar.)
Special guaranteed (quar.)
Special guaranteed (quar.)
Special guaranteed (quar.)
Lock Joint Pipe Co., common (monthly).—
8% preferred
(quar.)
—l
Lone Star Cement Corp.
(quar.),
Long-Bell Lumber, $5 pfd. (ctfs. of ben. int.)
Longhorn Portland Cement Co.—
5% participating preferred (quar.)
5-19
7- 7
20c
6-
6-26
$1VV
participating preferred (quar.)-__-—
Participating : /.—25c
Lord & Taylor
(quar.)—
$2'/2
Lorillard
(P.) Co., common (interim)
25c
7% preferred (quar.)
$1%
Louisiana Land & Exploration Co
10c
Louisville Gas & Elec. (Del.) class A (quar.)
37»/2c
Class B
(quar.)
25c
Louisville Title Mtge. Co, (s-a)—
10c
Extra
5c
Ludlow Mfg. Associates
—
$2
.6-15
a5%
l$33/4
1
6-15
(Washington, D. C.)—
Original
6-15
162 y2c
5-22
6-12
1
Belt
6-30
1
6-10
7-
50c
(reduced)
7-15
6-29
5-29
6-30
(Ft. Wayne)— /
(quar.)
./ 7-15
6-20
6-15
30o
6-15
7-
5-23
preferred (quar.)1714c,
6-15
Co., 6'/2% preferred (quar.)
$1%
/ 7- 1
Lion Match Co., com.
(irregular)
50c
6-20
Liquid Carbonic Corp/common (quar.)
25c
7- 1
4'/2 % preferred A iquar.)___
$iy8
8- 1
Link
6-13
6-27
7%
6-12
6-15
5-29
V 6- 1
Works__.
participating preferred (quar.)_;
prior preferred (quar.)__—
Lindsay Light & Chemical Co.—
6-5
t$iy2
6-15
6-13
6-15
^
Common
6-15
25c
6%
5
6-25
6-15
7-15
15c •
$l3/4
37l/2C
7%
6-12 *'
2
2
6-25
$1.30
(quar.)
Corp.
9-
12-
60c
•
Service
5-27
6-2
50c
Natl. Life Ins. Co.
Common
5-15
2
Lincoln
6-20
6-15
•:*
Locomotive
9- 5
•K
'12- 5
7- 1
7- 1
6-12
20c
".
common..
500
National
5
7-1
62y2c
$1
35c
(quar.)__
Extra
3
6-
15c
Inspiration Consolidated Copper
5-29
6-
$1
5-12
6-10*
;
6-
150c
;
6-26
1
6-17
6-15
6-15
20c
4 Va %
(s-a)
:
Telephone
preferred
Lincoln
5
—
—
pfd.
Corp
— -
Lima
6-
(St. Louis)—
6-15
6-15
Co.
Roi
3%c
17'/2c.
$2
10c
(quar.)__
i
Products
6-12
15c
class A
7-25
7-
Fink
&
1
6-15
45c
(quar.)
com.
A'/0
common
7-
•;
$iy4
Industrial Bank & Trust Co.
Finance,
Station,
J50c
J50c
/
Lily-Tulip Cup
55c
common
com.
preference
(quar.)
6-15
$1%
Corp., $3 pfd. (s-a)
Inc
Co.,
11-
6-11
9-11
12-11
6-30
6-30
7- 1
150c
/Life & Casualty Ins. Co. of Tenn. (quar.)__
Liggett & Myers Tobacco 7% pfd. (quar.)_
(Toronto) —
6-10
6-20
& Co.,
(accum.)
Libbey-Owens-Ford Glass Co
j
,
(Wise.)—
preferred (quar.)
Ingersoll-Rand, 6/» preferred
1
A
Union
2
:
$1
Quarterly
8-
class
Lexington
6-15
-
50c
Quarterly
6-
62'/2c
preferred A
6-15
6-15
;
(accum.)
7-
125c
$iy2
(quar.)
Indianapolis Water
6-29
—
Railways,
preferred A
1
6-20
.
(accum.)
1
3iy4c
Quarterly
25c
(quar.)
Co.
.,
Industrial
7-
15c
Indiana Gas & Chemical
•
6-15
15c
convertible
Salle
7-21
$2
Indianapolis Water Co.,
6-15
7- 1
7- 2
$l3/4
7%
6-16
t$33/4
6-15
62y2c
$$1
(quar.)__
6-
(reduced)
Ltd.—
7-31
12c
*.—.
6-15
6-30
pfd.
(quar.)
convertible preference
convertible preference
6-26
$iy2
Assurance
6-30
$2.50
6-15
(quar.)
(quar.)
Co.
15c
(quar.)
Telephone
6-30
9-22
1
12-24
<fc Loan
preferred
5.2%
40c
(reduced)
tl5c
$$1(4
$$1.38
10-
9-15
12-15
6-15
70c
5-29
6-15
25c
37'/2C
common
17!/2c
7- 1
$iy2
$1 y2
.__
J20c
Leslie Salt Co.
i$3%
Life
5
6-22
$l3/4
Le
(quar.)
Co.
Quarterly
6-15
6-
preferred
Wells
$1
Imperial
6-19
•
2
6-15
5
Lehn
75c
5
7-'-l
r
__.
$2.50 ^preferred >(quar.)
,'Lehigh Portland Cement, 4% pref.
(quar.)
6-
:
6-
50c
(s-a)
7-19
5
Leath
6% preferred
(interim)
:
6-15
•
6-17
6-
Lexington
62y2c
7-
$1(4
General Telephone Co., common
preferred
(quar.)
$iy2
$iy4
(N. Y.)
6-12
,
'
25c
(quar.)
preferred
5-20
7- 1
8-1
6-12
6-
La
20c
pfd.
Illiriois-Iowa Power Co., 5% preferredImperial Chemical Industries (ord.) (final)-
common
Co
6-25
50C
k
25C
(leased lines)
RR.
5-20
6-15
$iy4
Inc.
Commercial
6-19
7-
6-15
'
50C
5
15c
(quar.)
Refractories
6
6-19
(quar.)
6-
$1V4
_
6
6-
guaranteed (s-a)
Illinois
5
1
6-13
6-13
$1
11-16
25c
Bell Telephone
1
6-1
30c
(quar.)
50c
6-15
$1
(irregular)
Equipment
Signal, common
6-
1
com¬
(quar.)
Sylvania Corp., common
convertible preferred
(quar.)
4 V2 %
6-
6-20
40c
:
$iya
$1%
7%
V
1
1
7-
in
preferred
Hygrade
•
1
6-12
25c
25c
7 %
7-
'
common
Co.,
6-15
7-
$2,/2
$l3/4
Langley's,
7-
Co.—
Refining
Mfg.
6-1 ;:
$l3/4
7%
5-19
*
of Texas,
Mines,
&
6-15
6-15
(quar.)
preferred (quar.)__
Lane
6-1
Orleans)
(New
Transit,,
(Harvey)
Oil
6-15
1
7- 1
Common
7%
1
25c
Finance,
Humphreys
5-30
6-
6-19
(interim)—
Gold
Humble
\
6-12*
1
6-15
6-15
Corp.
Oil Co.
Hubbell
5
5-30
7-
$1%
preferred (quar.)
6-1
6-15
9-
B
Houston
6- 5
6-15
no
Manufacturing
Household
1
Sessions Co.
Common
_
15c
'
Electrochemical Co., 6%
Class
8-20
6-20
preferred (quar.)
General Reinsurance Corp
$2.50
1
6-15
(quar.)
General
General
7-15
Inc..
12y2c
(quar.)
&
Banking
6-20
(quar.)—__
i
37 (4c
(quar.)
(quar.)__
preferred (quaX)
General
Rapid
Honolulu
7,
5c
(quar.)
Lamson
$1
1
6-1
& Co., Inc.
(quar.)
preferred (quar.)
Lake Shore Mines, Ltd
Landed
$1%
1
6-20
V
(quar.)
preferred
1
(quar.)
6-
6-10
t75c
f87y2c
6-12
6%
5
50c
6-
6-
6%
!
preferred
6-
Company
Oil
6-12
1%
6-10
6-15
6%
6-
50c
incorrect.
that
Son,
5-29
Laclede-Christy Clay Products Co,—
37y2c
6-10
6-30
(B.)
6-15
$iy4
previously
Co
&
6-10
6-15
first preferred
6-15
(reduced)———
Paper Co.
(A.)
Holophane
6-29
6-10
Landis Machine Co.—
Bank
Furnace
Honolulu
6%
50c
1
9-
1
$1%
preferred
12 (4c
(Julius)
General Bottlers, 55c. conv. pref
General
Dauch
&
5-25
Kroger Grocery & Baking Co.—
/
t$l
(irregular)
$1(4
1
(quar.)
Extra
General
6-15
6-
-
—
(quar.)
pfd
Gaylord Container Corp., common
$8
6-20
$l'/4
6-10
$1
preferred
preferred
General
.6-12
5
common
convertible preferred
Class
6-30
6-26
6-
$23/4
37 (4c
Co.,
class
Co.
Garfinckel
5y2 %
7-15
1
7-
$25c
_
5(4% pref. (s-a)
Gatineau Power Co., common
General
$1%
(irregular)
Home Fire & Marine Ins. Co. (Calif.) (quar.)
Home Gas & Electric Co., 6% pfd. (quar.)
Home Oil Co., Ltd. (resumed)—
Honey Dew, Ltd. (quar.)
Honolulu Gas Co., Ltd.—
25c
62 (4c
35c
7% pref. (quar.)—
(George A.) 4% preferred (quar.)
5V2 %
6-15
Hollinger Consolidated Gold Mines (monthly)
(quar.)
Brewing Co. of Mich,
Brush
5%
7-2
preferred
15c
Hollander
Corp.—
convertible
6%
6-15
8-26
$25c
Kleiser Co.,
Gamewell Co.,
$6
7- 2
11-24
25c
(quar.)
Frankenmuth Brewing Co.
Gannett
Kuppcnheimer
8-31
(quar.)
Fox De Luxe
Fuller
6-
.(reduced)
were
us
National
Holland
6-25
17 (4 c
17V2c
preferred (initial quar.)
prior preferred (quar.)
Fuller
7- 6
6-17
Monthly
.38
prior
6%
7-20
(s-a)
6-10
6-10
7- 1
(quar.)___
1%
second preferred
(quar.)
Kresge (S. S.) Co. (quar.)
——
dividends
columns
$1%
.028
(quar.)
(reduced)—
of Canada, cl. A
Co.
Foster Wheeler
6%
6
Houdaille-Hershey Corp., class A (quar.)
Fort Wayne & Jackson RR.,
&
6-
50c
(quar.)
Machinery
Motor
Foster
6-12
11-30
_______
Inc., common
preferred
Class
1
40c
62V2c
—-
(quar.)
(quar.)
preferred
Foote-Burt Co.
Ford
9-
40c
bank stock shares
stock
Fair Stores,
Food
9-10
+3c
J.)
common
$6
Co.
informs
25c
Insurance
$2.50
10c
30c'
1
15c /
:
;
7-
v:
;
t62y2c
(S.
special
1
20c
1
Q%
5-29
7-
7-1
7-1
(irregular)__
6-15
Kress
6-30^
6-15
Dept. Stores 4% pfd. (quar.)______
H.) & Co., common
Kresge
5-29
6-30
35c
(quar.)
common
6-
dividends have
been
announced for
this year, and that
the payments published by us were paid
during the year of 1941.
Hewitt Rubber Corp.
(quar.)
Hibbard, Spencer, Bartlett & Co.—
Monthly
Fitzsimmons Stores—
7%
Co.,
preferred
Co.,
J5c
(N.
Parts
Co.,
two
these
6-20
6-30
5
6-13
1
25c
$iy2
Rubber
7-1
-
5-31
6-
6-
Emil)
(I. B.)
6-10
Manufacturing Co. (Toledo, Ohio)—
pany
6-30
1
6-20
(D.
25c
(quar.)
Powder
Hercules
Hettrick
5
6-15
(s-a)
Fiscal Fund Inc.,
Klein
Kleinert
25c
W.)
non-cumulative
$6
6-15
6-15
25c
Co.
(quar.)
(reduced quar.)
preferred
The
2c
6-15
6-15
1
2
2
prior preferred———
$4
77-
10c
preferred (quar.)__
(reduced)-
7%
Motor
Henkel-Clauss
7-10
15c
(quar.)
6-15
7-
tic
-—
7-
——
(Geo.
7%
6-15
(Chic.)
7-
Mining Co.
Helme
1
(Ogden, Utah)—
Pawners Society
5
$iy8
Glass
Corp.
Hein-Werner
6-30
Extra
First State
1
6-
noc
(quar.)
6-19
6-30
Tobacco
Hazeltine
$1V2
Extra
B
;;6-
5-23
6-13
-
25c
Steel & Wire
Kimberly-Clark Corp., common (quar.)_.___
6%
preferred (quar.)
Kings County Lighting 5% preferred—
6%
preferred
7% preferred
Kingston Products Corp. common (irregular)
Kinney Manufacturing Co.-^«-
6-15
6-10
6-20
6-19
6-10
7- 1
2J/2c
$iy3
Bank
National
Hazel-Atlas
6-15
.
1
6-15
,'
!37y2c
Keystone
1
6-
of America—
6V3 % preferred (quar.)
6-30
.
6-20
6-
1
6-30
> 25c
r
.
Kern
Hat Corp.
9-11
6-15
7-
1
7-
6-15
(interim)
Corp.
6-15
•',6- 1
(irregular)
—
Haverty Furniture, $1.50 preferred (quar.)
Hawaiian Commercial & Sugar Co., Ltd.—-
6-13
60c
6-15
—
Steel
1
7-
25c
1
6-15
(s-a)
7-
6-15
$i3/4
83/4c
7-
B
UOc
(quar.)
6-13
County Land Co
Kerr-Addison Gold Mines, Ltd. (irreg.)!
Class
J50c
;
6-15
l
(quar.)
1-10
25c
—
1
7-
—25c-
class A
1
8
$iy2
—
6-
7-
!
.Copper .Corp.
_1,
Special
IOC
(initial)
6-
6-15
|75c
7-
1
6-
6-
$iya
________
Kennecott
25C
common;
—
preferred
Hartman
6-13
$2(4
$1
Instrument
A
.Kerlyn Oil Co.,
$1%
common
Hart, Schaffner & Marx
6-30
15c
Class
$1V2
(M. A.)
Harrison
/ 6-30
;
1
6-
6-30
6-
6-15
6-15
•,
50c
6-29
43%c
.
6-
$1V4
(quar.)
25c
convertible
Harrisburg
6-11
1
10-
Ltd.,
Cotton,
Harrisburg Gas Co.
'6-15
6-30
10-
6-
(quar.)
6-
Lamp
M.)
6-5
1
$iy2
(resumed)—_.
$50
preferred A
(C.
6-17 i
6
6-15
& Sons
25c
50c
Stores
8
Corporation
Extra
6-20
(quar.) —_
(s-a)——-—-—
6-
Texas)
1
7- 1
$iy4
/■'
'
25c
National
First Security Corp.
Food
75c
'
(San Fran¬
First National Bank (St. Louis)
Quarterly
_
7%
(Dallas,
Harding Carpets, Ltd.
25c
$1(4
'
Oil
6%
6-15
y
Kelsey-Hqyes Wheel class B
Kelley Island Lime & Trans. Co.
6-15
Hard Rock Gold Mines
...6-15
(quar.):.-_--^-__-.*-__-_-.-----_,—Bank (Chicago)
(quar.)
National Bank (Jersey City)
(quar.)__
6-15
6-20
8-21
2
National
1
Co., common
Harbison-Walker Refractories—
2
cisco)
Kellogg (Spencer)
7-
6-20
Hanna
67/sC
Indemnity Co.
6-15
6-15
1
5-30
7-
(quar.)
2
2
1
Common
—
Inc.
7-
6-25
Co.
6-10
15c
pref. (quar.)
pref. (quar.)
conv.
7-
7-
Hammond
9-
Kaufmann Dept. Stores 5% conv.
Keith-Albee-Orpheum, 7%
$iy2
(quar.) -_-_
preferred (quar.)
Hamme/mill Paper Co., common—
4 V27o preferred (quar.)
6-12
6-15
8
7-
$2
7-
6-
$3
Hamilton
6-12
7-
5-20
,5-26
50c
25c
6-22
■*]-■
6-15
6-15
6-22
7-18
10-17
20c
Electric Power Co., 5% pfd. (quar.)
City Power & Light, $6 pfd. B (s-a)
Katz Drug, $4.50 preferred (quar.)__
$1%
—
6-22
7-
5c
preferred (quar.)
Industrial Fund,
Class
7-25
7-15
—
Kansas
$1
(quar.)
Co. (reduced)
Hall (W. F.) Printing (quar.)_«
Haloid Company (quar.).—
7-
—
Kansas
6-10
25c
1%
12-15
——.
6-22
13 %C
Hall
1%
$60c
& Co.
(quar.)
Fireman's
/./
1
12-18
Extra
Class
5
6-
$40c
(quar.)
Financial
First
3
6-
6-10
_
(annual)
(quar.)
/ V Class B
First
7-
6-20
5c
of
Co.
Class A
First
7-15
11-
1
$5.50 preferred (quar.)
Hackensack Water Co.—
7-3
9-15
/ Extra
5(4%
6-15
8- 1
7-
6-20
Joy Manufacturing Co. (reduced)
.Kalamazoo Vegetable Parchment (quar.)
*
(quar.)
Gulf Power Co., $6 pref. (quar.)—
Gulf States Utilities $6 preferred (quar.)__
6-12
7-15
6- ,1
;
6
?
(irregular)™
Gulf
25c
50c
6% pfd. (quar.)..preferred 2nd series (quar.)
Finance
1
6-30
7-
6-15
9
1
7-
,
75c
$iy2
6-
7-
75c
(quar.)__»_
6-17
7-
$1%
common..
Joslyn Mfg. &. Supply, common
6'/o
preferred, (quar.)*.
$6 pref.
Insurance
(quar)
Laughlin Steel,
/
6-24
50c
$l>/4
6-19
15c
8-
11-10
,
s
11-2
$1.06y* \
(quar.)_
6-30
10c
6-
preferred B
5-15
—
5-29
6-20
5%
6-15
$2
6-10
$iy4
5-15
75c
1
$1.06l/4
(reduced)
common
1
40c
(reduced)
1
77-
(quar.)____
6-15
;
Gulf
10c
—
(Marshall)
6%
6-20
6-15
com._
(quar.)
Ltd.
Brewing,
Ferro Enamel Corp.
Field
6-
7-1
—
preferred
7%
6
6-22
9-30
—
Fenton United Cleaning & Dyeing Co.,
Fernie
9
Co.,
12-
preferred A
$l'/4
.
8-10
5%
V
Greyhound Corp. common (quar.)___—___
5(4% preference (quar.)
Group No. 1 Oil Corp. _■
6-30
—
(initial quar.)
Federal Screw Works
>'; Extra
6-
Jones &
s'
1
50c
•
Corp.
1
9-
1
15c
Inc.; com. (quar.)
preferred (quar.)
preferred (quar.)_
.
1
6-
25c
(quar.)
(quar.)
Co
7% preferred
(
5-30
6-30
Co.—
Greenfield Tap & Die,
5,
6-15
_____
9
6-15
37 «/2c
(quar.)_____
Co. 6 preferred
6-5
7-1
25c
75c
$1
25c
6-
Co.
Johns-Manville
7-
1;
4y4%
.
.
5-29
—
common
6-20
9-16
common
(s-a)
Federal Mining & Smelting Co.
Federal Mogul Corporation
6-30
6-12
6-10
—
.
(quar.)
6-
1
6-30
$2(4
$2 V2
—
—
Bake Shops,
Sugar
Greene Cananea Copper
1
preferred
5%
fereen (Daniel)
(Syracuse,
Co.
(quar.)
Quarterly
Federal
5-27
Western
preferred
7%
$1'/*
SI1/*
& Traders Life Ins.
Y.)
•; N.
•
Great
6-10
SI1/*
(quar.)
(quar.)
$5 preferred
5-30
7-
37(4c
2
1
Tea
4y4%
6-
Co. pfd.
7-1
65c
15c
3c
Fanny Farmer Candy Shops (quar.)—
Fansteel Metallurgical, $5 preferred (quar.)
$5 preferred
Northern Ry.
5-30
r
5-29
7-
6-12
5c
Works (reduced)
(irregular)—.
Lakes Engineering
7-1
$1(4
25c
(s-a)_
Falstaff Brewing Corp., 6%
Farmers
Great
Great
Jewel
50c
Rapids & Indiana Ry. (s-a)
Great American Indemnity (N. Y.)
(s-a)
6-10
80c
$1V4
Corporation
Ex-Cell-O
5
1 ;V,
7-
6-20
120
(quar.)__
Grand
6-15
$62 (/2c
.
6-
1
$1 V\
(quar.):
Fisheries
Gorton-Pew
8-
$1V2
__
(B. F.)
6-20
$1(4;
Machine
50c
5-30
/ 6-15
$3Va
$3
$1%
J50c
30c
30c
35c
56(4c
$1V2
$1%
—
Jaeger
40c
Corp
Co., $5 preferred
Gorham Manufacturing Co
.1
5
6-12
$1.60
/ $1(4
60c
El Paso Natural Gas, common
6-
Cycle
Goodrich
6-1
1
/ 7- 1
25c
pref. (s-a)_
(Texas) $4.50 preferred (quar.)
.
5-26
7-
50c
.Elgin National Watch Co.
Elmira & Williamsport RR. 7%
6-15
6-15
+30c
6-10
25c
—
Goodyear Tire & Rubber common
$5 conv. preferred
(quar.)__
6-15
1
6-10
$1%
Co.
Boat
Electric
1
7-
50c
75c
t35c
5%
6-30
Goebel
6-15
30c
Co—
Gold Belt
Gold
*i/8
(quar.)
convertible preferred
preferred, series 1941
{; 5%
7-10
6-15
Trust
30c
^
(quar.)__
(N. Y.)
Air Chute Co.
Irving
$l>/4
Brewing Co. (quar.)
Mining Co., Ltd. (interim)—.—._
& Stock Telegraph
(quar.)
7-25
7-15
5-26
Brothers Stores, Inc., common
Co
Tubes
Steel
Irving
6-20
6-
6-15
30c
1
1
6-
6-15
30c
Quarterly
7-
7-
..
of Rec.
6-15
75c
Corp.
7-15
.
Holders
$1
25c
15c
—
Falls Insurance Co.
6-15
t$ lj/2
$1/2
Coal
Alden
Glens
37!/2C
10c
$l'/2
50c
Iron—
Kodak Co.,
Eastman
6%
5-11
5-25
50c
1st preferred
Edison
1
Massachusetts Street Ry.—
Eastern
6%
7-
Gas
50c
$2
(quar.)
preferred
$5
6
1
Sl'/s
$lv4
(quar.)
Eagle-Picher Lead, common
6% preferred (quar.)
Eastern
7-
8-
6-15
1
7-
$iy4
■
Safety Razor, common
Gillette
$1
(reduced)
Duquesne Light Co., 5% 1st pfd. (quar.)——
Durez Plastics & Chemicals, common—
6%
6-20
v
preferred (quar.)
(quar.)—
,
preferred
Payable
(Philadelphia; (quar.)____
Iron Fireman Mfg. Co. vtc. common (quar.)
6-15
1
7-
$l'/2
When
share
-
,.
Corp. L__
Investment
iv;
y.\
Natural
Intertype
Georgia RR. & Banking Co. (quar.)___
Gibson Art Co.
(quar.)_.—
$2
(quar.)_
preferred
$4'/a
•/ 5-22
1
c&shu
$5
6-12
6-10
7-
Per
Name of Company
Interstate
Georgia Power Co., $6
6-19
6-25
Co.—/;
Nemours &
(interim)
Common
»'
40c
(quar.)
de
I.)
10-20
1
0] Rec.
Shareholdings—
44/1,000 share of common stock or $iy2 in
12-17
$1^2
-/'//r- /:'■
preferred (quar.)
Duplan Corporation—
Common (irregular)
$6
;
1
Monday, June 8, 1942
Holders
General
12-27
7-
When
Payable
share
//
Name of Company
.
7-21
1
11-
:
of Rec.
Payable
8-
common
Common
6%
■
Per
Holders
When
//./■
'
FINANCIAL CHRONICLE
&
"
6%
,
15c
}3c
$1.31V4
J8c
2c
t$lJ/4
50c
25c
$iy4
50c
15c
$1V2
$iy2
1
7- 1
7- 1
7- 1
6-15
6-25
11-20
/
6-17
6-15
6-15
6-
1*
5-29
5-29
7-28
6-15
6-
1
/ 6-15
,
6-
1
6-15
6-
6
6-20
7- 1
10- 1
1-2-43
7- 1
9-21
12-22
6-15
5-20
6-10
8-29
8-31
11-30
6-30
7- 1
6-15 ,
6-15
6-15
7- 1
6-15
7- 1
6-12
6-12
6-15
6-15
11-28
6-18
6-17
~
6-
1
6-
6
5-30
6-20
5-30
6-12
5-29
5-29
5-29
5-29
8-15
8-
5
11-14
11-
5
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4079
Volume 155
'
i• «»''
\XPer
Mahon
C.)
(R.
Mallory
& Co., Inc.—
—
5% convertible pfd.—
Theatre
Co.,
Marshall
(accum.)__.—
Ltd.
Ins.
Manufacturers Life
Co.
(Toronto)
(s-a)
;
& Co.,
Field
6% preferred (quar.)
6%
preferred 2nd series (quar.).:.
Marven's Ltd. 6% 'preference (quar.)——
Maryland Fund, Inc.___-__i__———
Masonite Corp., common (quar.)—.—
Massachusetts Investors 2nd Fund (irreg.).Massachusetts Plate Glass Ins. Co. (s-a)—
Extra
Mastic
25C
$1(4
—
5%
preferred
preferred
6% preferred
6% preferred
(quar.)
(quar.)(quar.)
5%
:
—
—
•Quarterly
i
■
Mercantile
—...
_
National
Bank
Merck
St ;Co.,' Inc.
4y*%
.
common_
—-
_
Mesta
Corp
Machine
—
Co.——
Metal & Thermit Corp.,
7%
1st
preferred
'
35c
6-10
6-30
6-30
6-30
7-1
(quar.)—
7-1
7-1
7-1
7-1
7- 1
$6
(quar.)
(quar.)
Michigan Associated Telep. 6% pfd. (quar.)
Michigan Public Service—
$6 junior preferred (quar.)
'
6% preferred (quar.)
6% preferred series of 1940 (quar.)
7% preferred (quar.)—
Mickelberry's Food Products, com. (resumed)
-$2.40 preferred <quar.)____
—
Middle West Corporation (reduced).—.
Midland Loan
& Savings
Co. (Port Hope,
Ont.)
(s-a)
I.
Midland Oil Corp., $2 conv. pref.
prior preferred
$7 prior preferred
,
Steel
Midland
Products,
8%
preferred
50c
50c
$2
Company
Midwest
t40c
25c
common
(quar.)
(irregular).
common (s-a)
Midvale
10c
preferred
non-cumulative
$2
50c
45c
4c
6V4C
25c
Oil Co.,
8%
preferred
Midwest
—
(s-a)
Manufacturing
&
Tool
(quar.)
•
& Hart, $1 prior pfd.
(quar.)
Minneapolis-Honeywell Regulator—
Miller
Common
=
(quar.)
87
(quar.).
Mississippi River Power, 6%
-
pfd. (quar.)..
Mississippi Valley Public Service, common..
6%
preferred
B
Mississippi Valley
(quar.)
Trust (St.
•Quarterly
Mobile
Judson,
&
Extra
Moline
Quarterly
—
Ward
Montgomery
$7
class
Equipment
A
Montreal
(Montreal)
Ltd.
preferred
Quarterly
Wheel
Corp,
Mountain Producers Corp.
Mueller
Brass
(Utah)
(s-a)
7- 1
7- 1
30c
25c
7-1
6-15
6-15
(quar)
50c
„
of America—
Chemical Co.
6-27
9-28
12-28
7-15
(quar.)
(quar.)
7-15
6-26
6-18
7J/2%
National
6%
Corp.—-.
6-26
Boulevard
National
National
Brush
National
Cash
National
Casualty Co.
Class
$3
Co.
City Lines,
Container Corp.
Cylinder
Discount
Elec.
Corp.,
-i
9-1
7-15
8-15
6-30
6-15
6-15
w' 8- 1
8- 1
5-29
5-29
7-18
7-18
25c
6-15
20c:
6-23
.-20c -7-1
50c
6-10
(quar.)
common
(quar.)__
Welding Machine Co.
Quarterly
i
6-12
5-20
6- 1
6-10
6- 1
,
(Del.)
(quar.)—
preferred
"...
7- 2
,
;
—
Gas
National
'
6-12
6-24
6-12
—.—
(quar.)
-
"
i'
.4 •:
,;v.
,
,
(quar.)
(quar.)——
Dairy Products
National
7-15
;; 7- 1
7- 2
r,10c
25c
25c
---•
—
common
National
'5%
11-10
$50c
(quar.)
(quar.)—
(Detroit)
(quar.)
convertible preference
National
12-1
30c
$1
(quar.)——..———
A
National
8- 7
15c
.—
(Chicago)
Register.;
5-20
6-19
5-29
the
to
&
Public
6- 5
$5
6-10
7%
7-
1
6-10
Co.,
7-
1
6-23
7-1
6-23
7- 1
6-23
25c
6-10
5-25
60c
6-25
5-29
$1%
1
6-20
$1(4
7-
1
6-15
20c
6-10
5-22
6-13
6-
7»4c
6-30
6-24
60c
6-20
6-
5
6-15
6-
5
preferred
(quar.)
6-15
6-
7-1
(quar.)
Elec.
&
Oneida, Ltd.
7%
Otis Elevator Co.,
6%
Pacific
&
Insurance
Steel
6-10
7-
1
6-16
Remington
43 %c
6-20
6-10
$1(4
6-15
5-29
$1%
6-15
5-29
35c
6-30
6-15
pfd.
(quar.)
—
75c
6-30
Atlantic
12'4c
6-15
43% C
6-15
15c
6-20
"
■
25c
50c
75c
$1(4
2c
2«
•'''■ ':'V \"v'
«
6- 9
6-8
8- 1
7-22
10-30
.
'' '
10-20
(quar.)
(quar.)
25c
(H. H.)
5-26
6-1
Roeser &
6-10
7-
1
6-15
Ruberoid
6-15
Ruud
1
6-
1
Patino
Mines
&
in U.
(Irregular)
S.
6-10
7-
7-
1
6-15
7-
1
Manufacturing
funds
Gold
(50c
25c
$0.70
6-30
6-15
6-20
6-
8%
share)
6-15
6-
*15c
6-15
5-29
5
6-15
5-31
$1%
6-15
5-31
t$iy2
6-10
5-29
25c
6-20
6-10
preferred
Peerless
Penick
common
Ford,
Peninsular
6%
(s-a)
pref.
$3
6-30
6-20
:__
Casualty Co.,
&
$1
(increased)
75c
6-13
6-
Ltd
Telephone,
$1.40 class A
Penney
8-
5
11-
5
35c
^
....
Company
8-15
2-15-43
2-5-43
6-30
6-12
f50c
±
11-15
75c
"
(quar.)
C.)
(J.
6-15
1
|35c
(quar.)
V Penn-Dixie
7-
6-15
5-29
7-
1
'6-10
7-
1
—
Cement Corp. $7 conv. pfd. ser. A
Pennsylvania
$5
Edison,
preferred
Penn.
.
5%
Switch
Glass
.Pennsylvania
$2.80
pfd.
70c
(quar.)
$1(4
(quar.)
Electric
preferred
class
Sand,
A
com.
1
6-13
7-
1
6-13
$1 (4
7-
1
6-15
$iy2
7-
1
6-15
$i%
7-
1
6-15
$iy2
6-15
5-29
62 y2 c
7-1
6-15
7-
1
6-15
1
6-15
$i
$1 (4
Milk
$4.25
Peter
7-
Inc.
6-24
6-30
6-24
9-30
9-25
J4c
6-20
6-
25c
7-
1
6-10
$1.06 va
6-10
(quar.)
(quar.)
7-
1
50c
7-
1
6-19
6-10
5-22
$1%
7-
1
6-
1
$iy2
7-
1
6-
1
$1(4
preference (quar.)
$6 preference (quar.)__—
Philadelphia Dairy Products Co., Inc.—
$5 prior preferred (quar.)
$5
Philadelphia Electric Power, 8%
1
40c
(initial quar.)
7-
1
6-20
7-
1
6-10
(quar.)
Corporation
Philadelphia Co.,
6-30
25c
Ltd.
common
preferred
Paul,
7-15
25c
;
:
Phelps Dodge
8
6-22
25c
:
Mines,
Co.
6-
1
,/S1
■
...
Extra
Pet
7-
25C
Peoples Drug Stores (reduced)
Peoples Gas Light & Coke
Peoples National Bank (Seattle, Wash.)—
Quarterly
6
6-29
(quar.)
Quarterly
6-
$i
Salt Manufacturing Co.
(reduced)
Pennsylvania Telephone, $2.50 pfd. (quar.).
Pennsylvania Water & Power, com. (quar.).
4 Perron Gold
7-
25c
(quar.)
Penn.
preferred
1
$1 (4
(quar.)
(quar.)__
Pennsylvania Railroad Co.____
$5
6-10
6-
6-15
30c
(quar.)
Pennsylvania Power & Light, $5 pfd.
$6 preferred
(quar.)
:
$7 preferred
(quar.)
.
1
35c
(quar.)
$1.40 class A
50c
(quar.)
common
$1.40 class A
50c
pfd. (quar.)
■
(■•
s
■
i
11-16
6-15
5-30
30c
6-15
5-22
10c
6-12
6-
20c
7-
1.
6-10
7-
1
6-10
i$i5/a
2
8-
15c
1
7-15
15c
8-
1
7-15
25c /
7-
2
6-
9
$1(4
& 7-
1
6-
9
7-
1
6-
9
6-
1
6-15
6-30
6-15
7-
1
6-20
7-
1
25c
>
$l'/4
;
6-20
j
\
y .j
•6-15
5%
'
■■
6-15
6-
1
6-15
6-
1
T.
■'
•■#•
i
&
A
Inc.,
debenture
(quar.)...
(quar.)
Corp., 5'4%
Securities
Co.
(quar.)
Acceptance
6-22
5-29
1
6-15
7-
1
6-15
G2'/2c
6-30
6-15
6-15
6-
17 (4c
6-30
6-20
1
5
7-
1
6-19
7-
1
6-19
7-
1
6-19
7- 1
6-19
•
1
7-
$i%
25c
<
6-25
;
6-15
'
Sl3/8
6-15
45C
5-29
6-15
12y2c
5-29
6-12
6^10
'
5-28*
$iy8
Corp.,
i—
com.
(quar.)
—
8-
1
7-20*
7-
1
6-15
25c
6-30
6-10
25c
6-15
6-
75c
(quar.)
(quar.)
1
50c
_________——_
8-
$i
Co.
6-10
5-11
20c
7-
l
6-10
—
7-20*
v;
i y
;/ 7- 1
37MSC
preferred '(quar.)
(Los Angeles)—
Beneficial interest
(special)
6%
1
7-
$i%
—
(Del.)
&
7-
5
6-10
50c
$2
common
Co.
Oil
Roebuck
Sears
6-15
1
$I%
(quar.)
Scranton Lace. Co.;__iSeaboard
5-29
7-
6-
$l7/8
(quar.)
Manufacturing
6-15
6-15
6-10
v
15c
5(4%
Scoville
6-15
$3
(quar.)
...
pfd.
(quar.)..
preferred
(quar.)—
Schlage Lock Co.' (quar.)...
Scott Paper Co., common (quar.)
$4.50 preferred (quar.)
$4 preferred
(quar.)
Company,
1
$3
common
D
Schenley Distillers
1
7-
6-26
Co.—
Power
B
C
6-10
■::"7-
25c
$1
—.
(quar.)
debenture
6-10
6-22
6-15
Security Co.
Security Holding Corp.—
6% non-cumulative preferred
Brothers,
Seeman
Corp.,
(Frank
Shattuck
Inc
7%
G)
preferred
Saw
Simons
&
6-30
6-16
6-15
5-29
6-30
6-24
6-15
5-25
6-15
5-25
of Canada—
t$l%
ii
:fe
7- 2
2
6-15
40c
(irregular)
6-13
5-23
tlViC
Co—■.
Ltd.
6-
6-22
10c
(quar.)
Co.
$iy4
22c
(quar.)
(quar.)
Steel
Mines,
Gold
Siscoe
•75c
35c
prior pfd.
(quar.)
class A
Sherwin-Williams Co.
j
<3
(irregular).
(irregular).:
B
Class
$2
75c
Co., 5%
Fibre Can
Sefton
Serrick
6-15
5-13
25c
7-
1
6-12
5%
$l'/4
7-
1
6-12
5%
$1(4
7-
1
Skenandoa
Rayoh
Corp.,
common
preferred A (quar.).
—
prior preferred (quar.)—
Skilsaw, Inc. (quar.)
Sloss-Sheffield Steel & Iron Co., common—
6-12
25c
6-10
6-
$1(4
6-20
6-10
$iy2
6-20
6-10
Corp
25c
6-15
6-
5
& Engineering (quar.)..
Sonotone Corporation
South Carolina Electric & Gas Co.—
10c
6-30
6-
9
5c
6-25
5-28
$1(4
6-30
6-22
preferred
$6
Snider
Packing
(quar.)
Snyder Tool
prior preferied
$6
7%
preferred
(quar.)
net
(interim)
1
t$7
$6 pfd. (quar.)..
South Porto Rico Sugar Co.,
"
j-
__
South Carolina Power Co.,
Common
v
%:
■
8-15
1
12-
UOc
$1(4
Assn.
Loan
Co.,
Electric
debenture
Schiff
(quar.)___
Manufacturing,
7%
Mfg.
debenture
6%%
Peabody Coal 6% preferred
Peck, Stow & Wilcox Co
Paton
8-31
1
HOC
50c
(s-a)
Remedial
preferred
7V2%
5
7%
Ltd
6-17
25c
(quar.).
Co.
preferred
second
Francisco
Savannah
Inc.—
per
Dredging,
6-20
9-15
$25c
'
5-21
1
30c
class A
Lead Co.————
Bridge, 6% first pref. (s-a)
San-Nap-Pak
1
2s. 6d.
Consolidated
3%
6-17
6-
6-19
25c
Consol.,
v
1
6-30
25c
(quar.)
(Helena), Inc.,
Co.
(reduced)
Joseph
San
1
75c
...
7-
87'4 c
6-18
9
12y2c
—
Pendleton
St. Louis
6-15
7-15
7-
25c
(quar.)
(quar.)
Enterprises
Payable
Pato
1
6-27
$1
$1(4
pfd.
conv.
6-11
25c
(quar.)
Russell Manufacturing Co. (irregular)
50c
t$iy«
Co
5-29
7-
50c
v.r ;
(interim)
(quar.)
Co.
Rubenstein
Co.—
Co.
6-15
50c
25c
St.
6%
37V2c
1
1
$1%
6-20
Wolverine
6-
2
$iy2
6-20
Appliance
6-10
(quar.)
6-30
& Tilford
5-29
$1(4
6-30
Parker
8-
6-15
(interim) __
common
$3%
Parker
6-
8-31
37y2c
6V2% pref. (accum.)__
(Phila.)
(s-a)—...
(irregular)
$3'4
Park
5-29
6-25
25c
7%
(quar.)
6-10
6-15
$iy*
7%
common
6-10
1
$l
Robertson
50c
(quar.)
1
7-
20c
Safety Car Heating & Lighting Co., Inc
St. Croix Paper Co., 6% preferred
(s-a)
Pictures, Inc.,
5-29
7-
siy2
30c
Antelope Copper Mines, Ltd.
2
6-20
6-15
preferred
6-15
5
$iy4
Ritter Company, common ...—.——__—
5% convertible preferred
(quar.i
7-
7-
1st
6-19
'
6-15
50c
6%
7-15
Republic Investors Fund—
+50c
50c
Paramount
6-
t$iy4
Extra i
Pacific
Manufacturing
6-15
Co.
preferred
6-19
1
$1%
—.——
Inc.,
6-16
s
7-
Corporation
Rand,
6-16
6-26
$1%
Mills,
Co.,
6-20
6-26
50c
5-26
$iy2
preferred A (s-a)___
preferred B (s-a)
Page-Hershey Tubes, Ltd. (quar.)—
Paraffine Cos. common (qtiar.)——
4% preferred /(quar.)
—;
—u—
1
'
Pacific Indemnity
Pacolet
6-20
7-
50c
Roan
5-29
t$2%
Mills
1
(quar.)__—
6-10
6-20
20c
(s-a)
5-29
7-
37'4c
5-29
'
Telegraph
5-29
6-30
prior preference A (quar.)
Rheem Manufacturing Co. (quar.).:
Rich's, Inc., 6'4% preferred (quar.)
6-15
(increased)
6-30
$iy4
(quar.)
preferred A (quar.)
6% preferred B (quar.)
Republic Steel Corp., common (reduced).___
6% convertible preferred (quar.)
:
6-15
6-30
Railway Co.
5-15
6%
$1%
common
6-15
5-15
6-15
6%
5
(quar.)
preferred
Co...—
$4.50
5-14
5-14
7-15
6-15
$2
50c
Ltd., common
preferred
(quar.)__
non-cumulative preferred
(quar.)__
7- 1
(quar.)
6%
5-15
non-cumulative
Reliance
6-15
preferred (quar.)
Co., $5.50 convertible 1st pref—
Electric
Grain
Reliance
Knitting
$2y2
Otis Steel
Ottawa
Reliance
6-10
(reduced)—.
(quar.)
common
Building
6-10
6-15
(quar.)
prior preferred
participating
Orpheum
1
7-1
60c
(quar.)_
Oklahoma Natural Gas, common..—
conv.
7-
$1'4
preferred
preferred
$1.60
6-
5-15
6-15
$1%
—
6-15
common
Co.,
pfd.
Packing Co
1
v
6-15
6-15
$1%
non-voting
7-
6-15
5-29*
7-15
50c
preferred (quar.)
7% 1st preferred (quar.).
Puget Sound Power & Light Co.— •
$5 prior preferred
Pullman, Inc.
;
Pure Oil Co., 5% preferred (quar.).—
$1.60
25C
5-29*
6-15
$i y4
Original
Regent
n
6-15
1
$1(4
Reed Roller Bit Co
u
5-20
& Gas—
com.-voting
6-15
(annual)
6-10
50C
of Okla., 5%
Corp.,
$iy2
Co.
7-
—
Electric
6-15
$iy4
(quar.)
Co.,
(reduced)
6-15
i
7-15
8c
40c
(quar.)
6-20
1
7-
• >
8c
1
.
1
7-
$1%
t$l3/8"
of New Jersey—
$1.80
preference
Gas
5
3
6-30
(Phila.)—
7-1
7-
$iy2
6-
$1%;-
Raybestos-Manhattan, Inc. (quar.)
:
Reading Co., 2nd preferred (quar.)
4 % non-cum. 1st pref. (quaiv)..——
Reed-Prentice Corp., 77* pref. (quar.)_____
6-15
$1.65
£
common
.
preferred (quar.)
preferred (quar.)
Rath
t50c
(quar.)
Tube
3
$1 (4
class A
5-25*
6-17
Ltd.—
preferred (quar.)
Pyrene Manufacturing Co. (irregular)
Quaker Oats Co., common (quar.)
6%
preferred (quar.)
Quaker State Oil Refining
7-
(irregulari..
7-15
6-15
20c
I5c iv-' 7-15
6%
common
prior
$5.50
;
75c
1'
(quar.)
preferred
$3
6-20
50c
(quar.)
Seamless
7%
6-20
1
6-20
J75C
stock
Common
1
7-
U
20c
1
$1%
stock
Publication
7-
87 (4c
6-10
6-
.
15c
Public Service Co.
6-20
6-15
: 6-20
(quar.)
Public National Bank & Trust (N. Y.)
1
7-
9-15
12-15
1-
7-15
(quar.)
Service
9-15
12-15 '
A:l-
6
6-30
(quar.)___ V
preferred (quar.)
preferred (monthly)
6%
preferred (monthly)
7% preferred (quar.
—«.
8% preferred v (quar.)__—_
1
6-15
t$l(4
(quar.)
Ltd.
7-
5-26
6-15
6-15
6%
1
7-15
6-26
:
15C
$5
7-
15c
Mississippi Telegraph
Oil
„
15c
$5
9-30
J15C
(quar.)____
Public Service Corp.
7-
£,
Co.
Co.,
Investing Co.
Original
ap-
(s-a)
6-30
$i%
5%
Co.,
Cashable
—
Co
Corp.
Oklahoma
6-20
9- 1
933/4C
(quar.)
preferred
National
7- 1
*44c
(reduced)—
Breweries, Ltd., common
National
6-15
Public
50c
preferred
$1.75
6-30
15c
Bank
2
for
prior preferred (quar.)—
preferred (quar.)
•
6%
•
•_
(quar.)
National Biscuit Co.
7%
'
guaranteed common (s-a)—.——
Automotive Fibres 6% pref. (quar.)
preferred
2
11-
Co.
Spring
preferred
Ohio
6- 2
.,
12(4c
...
RR. Co,—
& Decatur
11-
11-16
com.
(quar.)
Pharmacal
preferred
Ohio
6-15
6- 4
Brothers.:.————50c
Nachman-Springfilled Corp. (irregular)
$iy2
Kelvinator
11-16
(quar.)
Edison
6%
6-30
Myers iF. E.) &
Nashville
Co.
&
pfd.
5%
Insurance Co.
preferred
Common
Corp.—
Confectionery $2'4
Ohio
6-18
9-17
12-17
3c
6%
Nash
5
$2V4
(quar.)
Railway & Land
5%
9-11
12-11
50c
6%
preferred
6-
.
6%
8%
9-15
12-15
$14
$14
$1(4
preferred (quar.).
preferred (quar.)—
preferred (quar.).—
Mutual System, Inc.,
common
6-15
7174c
Telegraph
Ohio Finance Co.
6- 1
50c
—
Quarterly
5
Gas Co
Ohio
6-11
.
(St. Louis)
6->
Oahu Sugar Co
y 6-20
50c
Murray Ohio Mfg. Co.
Quarterly
Oahu
6-20
6-20
•:
6-17
50c
com.
Amer.
6-15
7-15
10-15
3c
preferred (quar.)
Provident Loan & Sav. Society of Detroit—
Greyhound Lines—
Nu-Enamel
6-13
5-22
5-15
5-15
6-19
6- 1
$2
$1
25c
514%
5-31
..
$l'/2
Rayon class A
preferred
No-Sag
5-30
6-29
6-10
6-10
6-15
6-29
6-15
$l'/4
20c
15c
30c
50c
Mutual Bank & Trust Co.
Finance
Natural
Norwich
7-1
10- 1
12-31
6- 1
5-29
$1V2
Muskogee Company
Mutual
6-15
$1(4
Extra
.V' 6-30
6-10
75c
Insurance
River
$6.50
6-15
7-1
8%
7-10
Accident
Brothers
Price
6-30
5-22\
1
50c
Preston East Dome Mines,
J50c
(quar.)
prior preferred
Northwestern
6-15
7-2
10- 1
1-2-43
6-15
6-15
(irreg.)..
5-29
50c
Northland
6-15
6-12
6-12
7- 2
$1%
$1(4
$1(4
Co
Works,
6%
5-30
-
6-10
B
Northern
5-31
pref. (quar.)
Munsey Trust Co.(Washington, D. C.)(quar.)
Water
Muncie
7- 1
7- 1
7-15
7- 1
6-15
._—
Supply Co.
Fuel
Mountain
6-10
6-15
(quar.)
Preferred
(reduced quar.)
American
North
6-16
6- 1
6-13
7- 2
t$l%
& Co...
i
Motors Acceptance, 6%
preferred (quar.)..
Motor Finance, $5 preferred
(quar.)..
Motor
A
Class
6-20
6%
Procter & Gamble Co.,
5-22
Prosperity
Edison
7-
$1%
America—.
6-30
.
Common
of North
1
6-15
: $i%
$i%
Inc.
of Canada, com. (interim)
1st preferred (quar.)
;
non-cum. partic. pfd.
(quar.)
6%
6-15
of
Co.
$iy2
preferred (quar.)
preferred
(quar.)
North
•
——
1
6-13
Prior
6-20
5-25
7-15
10-15
6-15
t$l.
t$l
(quar.)
.
Quarterly
Morgan (J. P.)
7%
;
—.—
Dry Goods Co.
(W. R.)
Moore
•
J3iy4c
(quar.)—
Montreal Loan & Mortgage Co.
1
7-
(quar.)
American
Class
6-1
6- 2
5-30
6- 1
6-20
7- 2
(quar.)
7-
$2
(stock dividend)
Detroit
preferred
preferred
North
6-20
7-21
10-22
*$3
common
6-15
t$l
Payment is subject
proval of the S. E. C
6%
6-20
6-15
6-20
7-1
7- 1
8- 1
11-2
7-1
6-10
6-20
tlOc
-
-
1
50c
held.
$7.20
6-10
i
1
of
com.
50 shares
$7
Bank
Savings
(quar.)
Cottons,
—-
—
.....
Montreal
common
District
&
Extra
7%
Co.,
&
(quar.)—
City
7-
:
5
5% %
5-25
30c
87'/2c
$5
50c
$1%
(irregular)
Monroe Chemical, $3.50 preferred
(quar.)..
Montgomery City Trust iN. Y.) (s-a)
Auto
Monroe
Power Corp.
5
share
7-
t25c
Powdrell & Alexander,
5-29
6-
*
6- 3
6-20
J$1.20
(s-a)_.
5-20
6-
$6
7- 2 "
50c J
6- 8
2 Vic
8- 1
2 Vic
11- 1
12(4c
7- 1
1
:
Molybdenum Corp. of Americq,
Monarch Life Assurance (Winnipeg)
6-10
6-10
6-10
5-25
$$1%
(quar.)
Potash
6-10
each
6-10
15c
75c
A (quar.)
1
75c
15c
(quar.).
common
(quar.)
6-15
$13A
com.
5-22
7-
$2'4
ji
(quar.)______
5-29
t$2'4
One
Co.,
6-15
6-15
$2(4
(s-a)
(reduced)
Co.
6-10
Corp.^—
North American Co.
Tool
RR.
Ltd.
7- ■ i
(Interim)
Car
Adams
Chocolate
Nut &
6-30
t$2>4
6- 2
7- 2
•
preferred (quar.):.
—
Carpet Mills
Pressed Steel, class A partic.
Mohawk
& Pow.,
5-30
9-15
$2
:
$2%
(s-a)—^
2
1
6-25
______
i
6-15
:4
preferred A
6-10
$20c
——
.
Ltd.
North
Co
Plymouth Rubber, 7% preferred (quar.)_.._
Polaris Minlhg Co. (resumed)
Pollack Paper & Box Co., 7% pfd. (quar.)__
7% preferred (quar.)
7% preferred (quar.)____
preferred B
6-20
12y2c
(quar.)..
Ltd. common
5-29
1st
6-12
-
$2
25c
3c
Machine
Collet
Containers,
6-15
&
Glass
Development,
Common
1st
6-30
6-10
(s-a)—
(resumed).:
(irregulari
Oils, Ltd.
Modern
Mines,
American
Ohio
6-10
7- 1
7- 1
7- 1
Co
Voehringcr
Modern
5(4%
pfd.
RR., 4%
& Birmingham
Mock.
Models
—
—
7- 1
6-15
vV
.
$iy2
3714c
37y2C
(quar.)
Louis)
7-15
$6
7- 2
6-15
6-15
6- 1
< 7- 1
6-12 %
7- 1 j 6-12
7- 1
6-12
7- 1
6-13
6-15 'y 5-15*
6-15
,5-15
25c
______——
1
$6
6-15
6-15
6-15
6-15
6- 2
6-20
5-29
30c
$l'/2
$1%
$1V2
$1
-
preferred
,
Planters
25c
$6.60 preferred
(reduced)
(quar.)..
Mining & Mfg. Co.
Mississippi Power Co., $6 pfd.
.
50c
—
Extra
Minnesota
7- 1
7- 1
7- 1
7- 1
6-12^
7- 1
6-15
$1(4
$1V2
$iy2
$1%
10c "
60c
Placer
5-22
8-
$2(4
(s»a)_—.i.
Norfolk & Western Ry., common (quar.)
v,
-
Pittsfield
6-16
Share
Noranda
North
5-29
1
Plate
$1
Lt.
Nineteen Hundred Corp., class
Class
A
(quarterly)
6-1
6- 1
6-1
6-1
6-15
SI1/*
$l3/4
$1(4
$1%
$iy2
preferred (quar.)_„
(quar.)
$7 cumulative preferred
Pittsburgh
Niles-Bement-Pond
6-18
6-18
6-1
:
——•
6-12
$1'4
.
6-20
26c
93c
$1(4
(s-a)
(quar.)
5-29
1
6-15
710-
25c
$1(4
Corp. (Md.)-^.;
6%. preferred A ,.(qUar.)«r—i—
,
6-15
6-15
6-18
J8c
(s-a)
com.
7-
7-
5-28
7-1
75c
...
Forgings Co._________
;
Pittsburgh & Lake Erie RR, (reduced)
(Ohio)
Niagara
6-1
$1%
Elec.
duced)
6-12
75c
Pittsburgh
$iy2
Telephone (irregular)
Newark Telephone Co., 6% pfd. (quar.)
Niagara Lower Arch Bridge Co., Ltd,___
,
Pitts. Bessemer & Lake Erie RR.,
6-
t87'/2
(s-a)
Mutual Telegraph
.
6-30
13c
preferred
Newark
6-
6-13
3
•
5-29
Corp.—
7-31
8
'J
,
1
6-12
10c
(reduced)
Securities
7-15
t75c
(quar.)
New York & Harlem RR., com.
Queens
Corporation
6-22
Zinc Co., common
&
1
convertible preferred A (quar.).....
Pioneer Gold Mines (British Columbia)
(re¬
Plomb
preferred
New
6*
8-15
$l'/4
New England Tel. & Tel. (reduced)
New Haven Water r( reduced s-a)
York
Phoenix
25c
-
10%
5-29
6-
37yac
$6 prior lien preferred—
$7 prior Hen preferred—;
6%
6-15
6-20
60c
—.
of Rec.
50c
...
50c
———
Holders
.
(initial)..
25c
....——_
Brothers, Inc. (quar.)
Newberry (J. J.) Co., common (quar.)
Mining Corp.
Newport News Shipbuilding & Dry Dock Co.—
$5 convertible preferred (quar.)
New England Fire Insurance (quar.)
New England Public Service Co.-*-
New Jersey
Participating preferred
75C
—-——
Newmont
>
$50c
■;
Neisner
Payable
Philadelphia Transportation Co.—
25C
(quar.)
When
share
Company
$3
—
[J.
Co.
Name of
Philco
$ 1V4
(quar.)
Company
7-17
v':."'"";-
(quar.)
Corp., Ltd.
Corp.
Transit
Natomas
6-16
'
—*
Metropolitan Edison Co., $5 pfd.
$6 cumulative
7- 1
(irregular)
common
Metropolitan Coal—
3(4% non-cumulative 2nd preferred
5%
National
6-20
6- 1
6- 3
75c
•
6-12
1
8-
"!
25c
—
•
(s-a)_
Car
National Steel
6-20
——;
(quar.)
preferred
7-1
'
Steel
New York
$iya'
—
Castings
Per
'
of Rec.
$1%
.y
Rubber Machinery—■.
.12- I
$1.31(4 v 7- 1
$1
6-26
20c
• 6-10
(quar.)—:
preferred
Oil
(quar.)
(Albany)
5(4% preferred (quar.)
Mergenthaler Linotype
Messer
-
(Chicago)
Merchants & Farmers Bank
Steel
&
Holders
6-30
$1'4
& Type Co.—
preferred
.
9- 1
12- 5
Paper
5%
9-1
$1(4 ^
7-1
6-20
\'$1V&;.' *10-; 1
9-20
SI1/* • 1- 1-4312-20
$l*/2
6-30
6-25
$5
6-30
6-16
25c
7- 1
6-20
•
Malleable
Payable
12yac
_______
National
12-1
9- 5
Co.y commons
National
(St. Louis)
Bk. & Tr.
j.
Quarterly,
Quarterly
9-5
30c
(quar.)
Mercantile-Commerce
7%
6- 1
6-8
6- 8
5-19
6-16
12- 5
25c
25c
30c
:
*
Lead
When
snare
of Company
preferred B ,<quar.).—
pref. A (quar.)
;.■-
National
6-5
6-15
6-30
8-30
6- 9
6-30
$1%
—
_
-
convertible 1st pfd. (s-a)—
Acceptance Corp. of California—
Mengel Co., 5%
Mercantile
7-1
7- 1
6-20
Name
National
5-29
6-29
6-29
10c
25c
(reduced)
preferred (quar,)—^
6%
5-23
6-20
50c
(reduced)
Asphalt Corp. (quar.)
Works, com.
Mathieson Alkali,
Mead Corp., common
6-10
10c
50c
25c
-
_
Master Electric Co.
25c
'
National
6-16
6-16
6-10
5-28
tSl'A <•* 6-15
6- 3*
t$l%
6-30 H/6-20
t$6
7- 2 > 6-25
$iy2
6-30
6-15
$iy2
6-30
6-15
}$l,/a
6-30
6-15
7c
6-15
5-29
Corp.,
Stores
Mansfield
(quar.)
Co.
(P. R.)
Mangel
6-30
$1%
\ 6-30
15c ^
6-15
20c
6-10
:
4
of Rec.
(irregular)—tlVi
Magor Car Corp. common
7% preferred (quar.)
Per
Holder«
When
Payable
share
Name of Company
2147
(a
8% pfd. (quar.)from
7-
1
6-22
$1(4'
7-
1
6-15
$2
IT-
1
H
6-15
1
6-15
distribution
profits of Russell & Co., a partner¬
ship)
50c
7-
THE COMMERCIAL & FINANCIAL CHRONICLE
When
Per
Name, of Company
V,
,.
Southca&lcii; Greyhound Lines,
Share,
.,
8-15
30c
9-
t
8-15
r
9-1
8-15
:
participating
Southern
Colorado
Phosphate
$6 preferred
Tel.
Universal
6-15
Products. Co.
6-30
6.%n preferred
6-19
6%r, preferred
6%-, preferred
(quar.)
Upson-Walton
Utah Home Fire
Utah Power &>
$6
(quar.)
Oil
Co.
Oil
Standard
Debentures
$5'
Phos.
Quarterly
Starrfett
!
T
(L.
CO.1
S.)
......7%
—
(quar.)
(quar.)—!
SI1/*.
!
:___!
(quar.)—!—__—;
SI1/*.
Co.
5Vai7o
25c
Trust Co.
(s-a)
Swift
&
6- 5,
5-25
7-
A
Talcott
(quar.)'
(James),
Stove
!
Power
Wamsutta Milis
6-1
Ware;River RR.,
&
6-20.
Warren
(S.
9-21"
ji 7- 1
^10-
Sl'/fe
6-30
Thew
Shovel
5-
6-30
6-15
Welch
8-1
6-17
Tide
Water
$4.50
2nd pfd.
preferred
Associated
convertible
TJlo Roofing Co.,
6-12
West
6-12
6-10
5-29
t25c
7-
1
6-15,
8-
1
7-15'
:
M 51
^
7-15
V10-15,
11- 2
11- 2 s 10 -15.
Power—
(quar.)—„
4V2% pfd. (quar.)
(quar.)
common
*___
7-18
77c
8-1
:
Yellow &
Checker
Truck &
Yellow
Cab Co.
(Consol.), class A
Coach
Mfg., common—___
1—
—!____
preferred (quar.)
& Tube,
6-10
Youngstown Sheet
7-10
Zion'a Co-operative
7-20
10-20:
6-20
2
Quarterly
6-lff
5-25
Quarterly
7-1
6-20
6-20
5-20
6-15
5-15
common——.!—
pVz7c- preferred -A *{quar.)——
;
:■■■
,".
Mercantile Institution—
10-10
6-
'
—
—
♦Transfer books
not. closed for this dividend.
tOn account of accumulated dividends.
tPayable
p-. 5-22 '
6-15
v
125c
:i
(monthly)-—
Jr. & Co^
Class B !___!
t$l
Canadian
in
funds,
tax
5-2?
6-15
5-12
a
at
/
the
!v:
;
source,
Less British income tax.
"
6-30
ui
deductible
resident tax, 15%resident tax. 2.7c.
6t15
V
Grape
Oil
guaranteed (s-a)
'
$iy*
25c
$iy2-
(quar.)™
6-15
6- 5
6-15
5-29
3c
:•/
25C
•
6-15
»
5-22
<
'
6-12
.
June 3:
>
7-.'X :
1
,
Shares
•
|
.
*
$ per Share
1
Manufacturers National
Citizens
vConn. • $100 par)
Industrial Finance Corp., pfd.
,13
Wednesday,
f
-
!
,
&
Bank,
Waterbury,
^
_______
($100 pari
162.50
8.00
v15, Industrial Finance Corp., common ($1 pari__
.06
5
Greenfield Tap & Die $6 pfd,57.00
''6-15
-5-15
6-2ft
6-15
;
6-20
25c
f
7
.
; 25c '!. 7—1 r/ 6-15
,
Auction Sales
Transacted by R. L. Day & Co., Boston on
'
6-20 / : 6^ 1
T-' 1
6-15
p 25a '
,
Co., Inc
Co., $6 pfd.
i
!
6-19
7-
50c
Snowdrift
'5-25
7- l':"!6-15 f
,y 7- 1 ? : 6-15 :
^50C
:
—
25c
B-15:'
:
.
6-18
6-26
i
$1>4
(quar.)—
(irregular)_.
?
6-10 i-2- 5-28
.
-'750
Virginia Coal & Coke, (irregular)—i.
& Paper Co.—
!.
Westinghoase Air Brake Co.
Western Exploration (quar.f
—
Western Light & Telep., 7%
pfd. (quar.)_
5-28
7-11"
40c
!
(s-a)—
Utilities
v:
~$3'/a-
—
Juice Co
&
Texas
50c
!:
■
West Virginia'Pulp
6-10
;
Greenfield Tap & Die $1*4
5-
pfd.
15.00
6-15
i___!
25c
6-30
6-3.Q'
7-1
.
r:
l
,
Boston
Athenaeum,
($300 pari
196.00
___
6.-20
50c
2y2C
43 %C
6-15
15a
(quar.)
6- 5
50c
6-15
6-
1
10c
6-29
6-
8
75c
6-15
6-5
$1%
6-15
6-
1
25c
6-15
6-
4
:
$lV*
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now cer-
Pursuant to the
tifyihg daily to the Secretary of the Treasury,the,buying rate for
world.
We give below a record for the week just passed:; -
"7- 16-4
Co.—
EXCHANGE
FOREIGN
(quar.)
RATES
BY
CERTIFIED
1
'
,
EEDERAL"
MAY 29
RESERVjE
TO JUNE
4.
cable transfers in the different countries of the
BANK TO TREASURY/UNDER TARIFF ACT OF 1930
INCLUSIVE
1942,
%/>•'
:
(reduced)
common
(quar.)
Noon
and Monetary Unit
Country
Corp.' (reduced)—-
Tokheiim Oil Tank &
6-25
.
25c
West
6-15,
6-15
.
•
t35c
(s-a)
Corp.
preferred
convertible preferred
Time,. Inc. Unterim)-i____,:
Shipyards
6-15
1
7- X
,
30c
(quar.)—
Oil
7-
10c
683/4C
(quar.)
i$1.40
Todd
!
•
6-20
Co._t—!
Pump
Wesson
7-1
Co.,
convertible
6-1&
$1/8-1
1
5-29
Sl34
Swasey Co
I>.) Company—,
:6%: preferred
Wayne
25c
.
preferred
9
$17*
77c preferred (quar.)___!
Thompson Products, Inc., common (reduced)
$5
1
6-
51''4
$lVi
;
__
Wayne Knitting Mills, common
6-15
Company (quar.)
Tpxas Gulf Sulphur Co. (quar.)
Texori Oil & Land———!
Co»> $3
12-21
6-30
Texas
Thermoid
1-2-43.
62»4c
(
& Mfg.
.
±5c
!____!;
Malleable
1
25c
!_
.!_!
Tennessee Corp.
Terre Haute
6-
37«4c
Washington Water Power, $6 pfd.
1
$1>A
(quar.)_
6%
20c
6-11
7- 1
Manufacturing
6-20 !
40c
5-29
-
$l'/a
$l '/a.
(quar.)
(Wm.)
Yale & Towne
6-15
,
.
$178
5-29
Lie., common....—;
Co.
62'4C
___„_™!
7-
,
$lr4
—J
Telephone Bond & Share, 7% first pfd—
Telluride
6-20
:c,
60c:
$lVi
(quar.)—1.
6-12
.
conv.
Wrigley
$1%. s 7- 1
50c"V! 6-15!
»
6-15
6-18,
6-13,
1
prior preferred (qugr.)
prior preferred (quar.)
Mines (quar.)
41/2 %
!_____!_!__.
(quar.)___
$1 preferred, (quar.)
•'
T- 1
7-
Wright-Hargreaves
(Hiram)-Gooderham" & Worts, Ltd.—
Common
75c
6-1&
6-8
$iy4
.
-
:
Worthington Pump «St Machinery Corp.—
50c
6j*10.
$13/*
6-15.
,
T- VZp6rl5>r
6-17
,
M 50c
!
.. —
(1897 series)
preferred
7%
(quar,)..
UOa
6-30
30c c2
Co.^__^.____J.
^
Electric
6%^ preferred
1
25c
i,
$13/*
Walgreen Company, common
41/2.%
preferred (qualr.)™:
25c
p/z% participating preferred (quar,)™
Talon, Inc. (reduced) t
—^___!!!.l!_
Tappan
•
^
:
Walker
/
Wisconsin
$1
$1%. ?;
JPower & Light Co., 7% pfd,
.*6% preferred
^!
Wood- (Alan) Steel.Co.y -7% preferred-_____
——
6-10
;!"«
:—
1
Wisconsin
;—-—__!_.
5-25
30c
9-20
12-21
....
common—__!—-!
1
6-12
(quar.)
Wisconsin Michigan Power
—
preferred
5-2»
7-1
■
'
(reduced quar.)__
preferred
Co.—
(quar.)
10c
—
,'
-10- 1.
627*0* 1-1-43
6-12.
5-27'
——
Extra-
-
4'/2%
6-30
5c'
683/4.C
Tacony-Palmyra Bridge? com. (reduc. quar.)
5.%
!!!
5-25
6-15
pref.
"—
(quar.)—
7%" preferred
(quar.)
Wagner Electric Co. (quar.)
Waite Amulet: Mines,, Ltd
Waldorf System, Inc. (quar.)
6
0-15
62'4c^
n
6-20
.
.
7-1
6-
—
1.
7-- 1
6-16;
6-15
,.
62V2C
7- 1
Sf'/fc
7%.preferred (quar.)—.!—.
Steel, common, vtc.—!—
WilslL Ltd-., (quar.)
Co.
Extra,-?
•»; '(Quarterly,,
6-196-16
6-10
Willson Products, Inc. (quar.)
X
Ltd.
preferred
/
6-19r
1
6-15
;
common
Woodward & Lathrop,
7%
40c
(irregular
(quar.)_!
Sycamore-Hammond Realty—
hxh,7o preferred (quar.)—
614% preferred (quar.)___
'6 Vx7o preferred (quar.)
Syivanite Gold Mines (quar,)__
Class
6-
25c
Co.-v—
Taggart Corp,,. $2.50 pfd.
6-
(reduced)—"———__!_.
Equipment, $1 .convertible preferred-.
7%
6-13
6-12
Corp,
Company
6^-1
::
7- 1
Spencer
:
Warner
Del.)
6-15.v'; 6-10
:,..7!l
(Wm.)
Wick\yire
Wingted Hosiery
Machine %Tool "Co
Common
6-15,
i~_!
Swan-Finch. Oil
.
7-. I
25<s
(quar.)—_—
Extra
Sutherland Paper
■•'
T- 1
.
t51 V*.
_
(Lewes,
6-30
HIV*
!!-4:
preferred
$l,.-v.
(quar.)_!
—
Whitman
7-
50c
Wjeboldt Stores, Inc., $5 prior pfd. (quar.)
:!6%y preferred(quar.)!,-—^
6-10*
.!
50c
(quar.) ——«,
■
'—1—1'.
...
Vulcan Detinning Co.,
6r20:.'.
6-22.
1
common!..——
convertible
Sussex
7.-1
(quar.)
Oil Corp.,
Sunray
6-20.
'
Co.,
Paper
-
of Rec.
1
37V2C
Co
common
prior preferred
conv.,
7% preferred
White: Motor. Co
-
t$L%
__—
6-20
7- 1
.
6-30.
Corp.. (s-a)
,5.7c} preferred
Strauss-Hirshbery Coi
9-16
12-17
,75c
Strawbridge 8c Clothier, $4 preferred——
Oil
12-31!
,175c
"
Sun
-9-30
115C
Stedman Brothers, Ltd., common (quar.)__!_
6.7o convertible preferred (quar.)
St'erchi Brothers Stores, Inc.; 6% pfd. (quar.)
Stewart-Warner
6-16
6-30
:
$17*.
—
—
■
$5
I
:
7- 1, -~Z 6-26
; 10! L y' 9-28 v
,'75c,ft 1-1-43
12-29
t$2
/ ,'7-/. I
6-15!
.
Viking Puinp Co. common (special)
$2.40 preferred (quar.)„!__
™™___r
Virginia Electric &.Power, $6 pfd. (quar.)_.
Virginian Railway common " (quar.)
&%' preferred (quar.)—,
——,.
!—
Stecher-Traung Lithograph—
'57c-. preferred
'57c-. preferred
5%; preferred
6-17
Ltd.(quar.)—
Instrument—
Wheeling Steel Corp.,
(quar.)
preferred
Victor-Monaghan
Works—
Acid
&
(s-a),
Norman.
Victor
(quar.)
Wholesale
5
..
Ventures,
(quar.l__
common
6-15
t$i'/a
Vapor. Car Heating Co.,
7%
preferred (quar.)
7%. preferred (quar.)
!
(Ohio),
Co.
preferred
Standard
,
1—!
Oil
$4
Van
(quar.)
(s-a)—.——!
J.)
(N.
Co.
'
Extra
Standard
-•
10c
Knittingi- Co.~ '■».
■
5%vprioir preferred' (quar.}..'—1.1
5 % i prior preferred (quar.) .1. ....
5,%- prior preferred ^quarj_.
Utility Equities Corp.—
$5.50 priority stock
'
Valve-, Bag Co*, 6% preferred (quar.)
Van. Camp Milk Cos—r
•
(
.
. .
(Indiana)" (quar.)—!_'__,
Standard Oil of Kentucky
Electric
Weyenberg Shoe Manufacturing
75c
~
—
Utica,
Calif. "(Del.)—
of
Oil'Co.
!
preferred—..
Light, $7 preferred—..
preferred
I20c
(George),
Weston
Whitaker
V,
(Salt Lake City)..
Ins. Go.
:•
'.47-
$1
Weston
'6- 8
6-
•? $l'/4.
•
6-15
Holdere
Vv50c,4 h-M 6-30J.': 25c
6-15>! 6- 1
'■:? 6- 1
Utica Clinton & Binghamton RR. Co.—
Spiegel, Inc., $4.56 conv. pref. (quar.)!__!
Springfield Fire & Marine Ins. Co. (quar.)__
Staley (A. E.) Mfg. Co., common—.
-J$5 preferred (quar.)——!
77c preferred is-a)_—_—
Standard Brands $4.50 preferred
(quar.)__
Standard Coated Products Corp., $1 pfd—*
Standard
5-27*
7;Z 2."
• *
Payable
preferred (quar.)____l-.__!L—:
Westmoreland,Inc.. (quar.)
Westmoreland Coal
Co._
"
.
:
When
share
Name.of Company yPyyi'-'Z.:
.
5%
75ci-;Z
8%
r.
Western Tablef & .EJtationeryj,,' commoncl!«—
v t'6-15
.
50c.
.!_,
(reduced).
Co.
30c Uv
v
433/4C
'ft 10c
™™_™™__™__,
Metal Cape Corp.
Upressit
—
:
.
40c.~ :A 6-30
T
.*.
(quar.)
(quar.)
Sparks-Withington 6%, conv. pref. (quar.),Spencer Kellogg & Sons—
'—---■
Spencer Trask Fund (reduced)—————
Standard
', 7-15
(irregular)
10c
Elec., '57c
Light & Power, $6 pfd.
$LV<
f* *.
6-10
__
/
v"
5-27*
V
Upper Michigan Power & Light—
t$l
pfd. (quar.)
Southwestern Life Insurance Co. (Dallas)—'
Southwestern
*
:-10q:V
____
Per
v..
5-27*
1 6-10
;>':-15c
_™.
7-15
.
Co.—
(quar.)_
Gas &
Southwestern
Participating
$5 preferred
(quar.)'
15c '/■') 6-10-
c
/;T4&c>
(quar.)!™!!!!!.
series A
i
preferred
t$l Va
preferred (quar.)_.
7'% preferred
Corp. (reduced)
Co.
—
Associated
Southwestern
common
8-15
Power
Royalty
:,
/
,
B
Southern
Southland
6.4%
■
^
Holders
share Z- Payable* of Rec.
Corp.,
Sugar
.!_.
U. S. Tobacco Co., common (irregular)..!...
7%-non-cum. preferred (quar.
United Steel <Sf Wire Co., Inc. (quar.) ..j!!.
Universal Consolidated- Oil (irregular)
!_.
$iy2
—
(quar.)!——,
Southern Panada Power Co., Ltd.—
Common
(quar.)
!!——
6% '
.•
t20c
preferred (quar.)——
Southern California Edison Co., Ltd.—
6%' 2nd
preferred
U.. S.
9- 1
,6%. convertible preferred (quar.)—
6% non-cum. preferred (quar.)—
'6%
8-15-
-
..When
Name of Company
of Ree.
9-.1
30c
(quar.)
com.
Per
Holders
,
Pay'ble
,..
37'/aC
Monday/June 8, 1942:
Pump Co
Buying/Rate for Cable Transfers In New Yorfc
/ :
'
Value in: United-States Money '
-
—
Transue & Williams Steel Forging
Trinity Universal Insurance Co.
Additional
Truax-Traer
EUROPE—
(Dallas)
1
?
Troy & Bennington RR.
Troy & Greenbush RR.
(s-a)—
Coal,.common
!
England, pound sterling—"
preferred (quar.)
preferred (quax.)^!_—____!l
6%
Tobacco,
Ltd.
77c
pfd.
^_!_!!
(quar.)
Century-Fox Film Corp.—
$1.50 convertible preferred (quar.)
Unexcelled
Sall6« Street Corp.
Manufacturing
>
-.
franc
France,
Hungary,
Union Pacific RR Co.
Norway,, krone
Poland, zloty __!_!
/
Union Trusteed Funds, Inc.—
Portugal,
Rumania,
—
-Union Bond- Fund B___
Aircraft
Corp.
United
Aircraft
United
Artists
United
Carr
United
United
Dyewood,
Yugoslavia,
Theatre 5% .pfd,
Corp.
1
$5
Gold
.Standard
United
preference.
77c preferred
shares,
(reduced
United
pfd.. (quar.)
(reduced)
__
Mfg. Co.,
Straits
""
;$6 A preferred
United
Extra
U.
S.
7%U.
S.
Mfrs.
ord.
(s-a)—
reg.
dep. recta.:for ord.
N. J.. RR.
Public
$2.75
U. S.
Co.,
reg.
(final)
Utilities; $3 preferred
Graphite Co.
common,
preferred
(quar.)
(quae.)
L_:
Card
Co.
(quar.l___
_
U".
S.
6%
U.
S.
Potash
Co., common
preferred
Printing
&
convertible
Steel
™
(quar.)„__^___
Lithograph Co.—
preferred
;
.
/
.
3.227833
3.980000
3.980000
'
; ;
,909090
/>..909090
/
.
'
6-15
6-
T-
6-15 I
1
7.-1
6-15
' 6-30
.
;
6-15
6-20
5-29**
6-22
6-15
*
6-16
6—- 6
6-
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AMERICA—
Free
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Brazil,
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-
Export
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Colombia,
;
'
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—
.
™u„__™
.
3.228000
3.215033
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3.227833
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3.980000
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,051397*
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571400*
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.658300*
.658300*
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527400*
.527400*
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,
.297733.*
Holiday
.060580
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peso
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Controlled
Non-controlledr __!
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3.228000
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peso—
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Official '
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AMERICA—
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3.227833^
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NORTH
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12-19
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pound____!—
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Free .
_—_!—
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(quar.)
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2
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(s-a)_
!
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6-20
Zealand,
africa—
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' 5-14
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$134
(Phila.). 8%. pfd.
i
5-25
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6-10
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Quarterly
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50c
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(reduced)™
Gypsum
Pipe & Foundry Co.
•Quarterly
U.
6-15
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U. S.
U.
6-22
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6-15
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Holiday
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!
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.
6-15
- 6-13
/
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preferred
Loan Society
!
6-22
)
(bonus)
& Canal Co.. (quar.)
Co.,
1
7-1
15c
>
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American
United
&
7-
53c
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1
$172
;
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Molasses
United
:
7-
58 Vac
(quar.)
(quar.)___
Merchants
United
50c
,301215
"
;
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>
Official
___!
;
(Del.)—
Holiday
,301215
Yen.,——x
Settlements, .dollar-™™
AUSTRALASIA—
s-a)
common
;
Japan,
,
prior preferred (monthly)
6.36% prior preferred (monthly)
.7%; prior preferred (monthly)
Metal
;!
(yuan)___
(yuan)__
Shanghai dollar (yuan)
China, Tientsin dollar (yuan).
Hong Kong, -dollar™'—!_____
India. (British)*, rupee___!
6%
Union
—:!'_"
dinar
China,
„
(quar.)
Equities of Canada—
Illuminating Co._
Light & Railways Co.
Holiday
—
franc
,
China, Hankow dollar
preferred
1
1
—!——!_____
!__—
Chefoo dollar
China,
(quar.)
United Elastic Corporation
United Gas & Electric
Corp.,. 7%
United Gas Improvement com.
United
ASIA—
(quar.)_—
Holldhy
escudo
leu
!!»—
Switzerland,
(reduced)
Corporation $3
Fastener
4.035000
—!_____
!__—.
guilder
krona
Sweden,
Products
common
>
peseta
Spain,
^
United
lira
Netherlands,
(quar..)
Bond Fund C_
4.035000
4.035000
!——
1j.1_—1—!-
pengo
Italy,
Union
4.035000
4.035000
Holiday
!—!__!__
—
drachma
Greece,
Sugar Co.__,
4.035000
4.035000
4.035000
Germany, reichsmark
(quar.)!—
Co
,-Union Bond) Fund A—__4_-
4.035000
4.035000
Union Carbide & Carbon Corp
Union Gas Co. (Canada)
(quar.).____
Union
"""
—i—
_•
Finland,»markka. ™_i.___!_
>
,
Holiday
x_
Official
Free
—
Twentieth
2Q8 South La
!
!
koruna I-
Denmark, krone
(reduced):
,514,%
Tuckett
,
Belgium, Belga
Bulgaria, lev
Czecho-Slovakia,
(s-a)
.
"
..'/
,570050*
.570050*
...•:
.
!!_____!__—!__, v_,.658300*
• ■ '*>.527400*
!—™™™__!™'_!!™_;'
tNo rates available.
^Temporarily
omitted.
.658300*
.527400*
W"'
Volume 155
Number 4079
THE COMMERCIAL & FINANCIAL CHRONICLE
Stock and Bond Sales
DAILY
«»
New York Stock
WEEKLY
-
Exchange
YEARLY
-
NOTICE—Cash and deferred delivery sales are disregarded in the day's range, unless
they are the only transactions of the day. No account is taken of such sales in
computing the
United States Government Securities
Below
furnish
the New York Stock
on
Exchange
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation
coupon bonds
Stock Exchange during the current week.
Figures after decimal point represent one or more 32d of a point.
we
a
Daily Record of U. S. Bond Prices
f High
4%s, 1947-52-w—Low
Treasury
2 Mis, 1950-52—.
[close
V
,
Total sales in $1,000 units—..
• • ■$
*
[High
>
'
•
1
'
\
'
-
,
:
^
-
r'
\
i
.
v
f\
• '
Total sales in $1,000 units.
.
4s, 1944-54.j
j
High
Low
2%S, 1952-54.—.—
[Close
Total sales in $1,000 units
.
(■'
.
v.
,
3%s, 1946-56—.—
;
•
) Total Sales in $1,000 units.
/
fHigh
:
—[
Low
2
Total sales in $1,000
units.....—•
(High
;
•
Low
-
\
[Close
Total sales in $1,000 units———
[ High
Low
2%s, 1967-72
i
[Close
•
[Close
Total sales in $1,000 units—.:——.
Total sales in $1,000
High
3 %,8, 1943-45
2%s, 1951-53
Low
■*;
Close
V
.
,
High
3%s, 1944-46.——
.[
.
■
,
2,/4S, 1952-55
Low
•
;
"
■■
Close
I" High
\ Low
[Close
,•
•
,
;
Total sales in $1,000 units
Total sales in $1,000 units.
f High
2%s, 1954-56—..
Mas, 1946-49—_.L—
units.
———
Total sales in $1,000 units.
Total sales in $1,000 units.
3
f High
Low
%s, 1956-58-^
[Close
33'sS,-1943-47.
,.
Low
Close
——
x
the New York
on
Daily-Record of U. S.JSond Prices
Treasury
'
for the year.
range
—
t-
-.——I
tvf■?
-
Low
[Close
■
Total sales in $1,000 units
Total sales in $1,000 units.
High
Low
3 Mas, 1949-52———.
Close
Total sales in $1,000 units.
Total sales in $1,000 units.
[ High
High
3s, 1946-48
] Low
2s, March 1948-50——
Low
[Close
Close
Total sales in $1,000 units.
Total sales in $1,000 units.
2s, Dec* 1948-50..———.
High
3s, 1951-55
—
Low
...
Total sales in
$1,000 units.
Close
Total sales in $1,000 units.
[High
•J Low
[Close
2s, June, 1949-51———
2%s, 1955-60
Total sales in $1,000 units.
Total sales in $1,000 units.
2s,
[High
{ Low
[Close
1949-1951——
Sept.,
High
2%s, 1945-47——
Low
Total sales
in
$1,000 units.
Close
Total sales
(High
in $1,000 units.
[
High
2%s, 1948-51
Low
[Close
Low
Total sales in $1,000 units.
Close
Total sales in $1,000 units
i%s,
1951-54—
Total sales in $1,000 units.
Federal
Total sales in $1,000 units.
Farm
Mortgage
3%S, 1944-64.—.
—
[High
.-( Low
[Close
[High
{ Low
[Close
2%s, 1956-59
Total sales in $1,000
units.
"[High
■j
Total sales in $1,000 units
Low
(Close
Total sales in $1,000 units.
2%s, 1958-63—
Home Owners' Loan
3s,
Total sales in $1,000 units.
[High
series A, 1944-52
( Low
(Close
Total sales in $1,000 units.
23/4S, 1960-65
%
'
2Vis, 1942-44
Total sales in $1,000 units.
•'
Total sales in
$1,000 units.
[High
2
Vis,
1945—
^ Low
...
Close
Total sales in $1,000 units.
,
2%s,
1948—
...
[High
\ LOW
1%S, 1945-47
[Close
;■
Total sales in $1,000 units.
—_
♦Odd lot sales,
Total sales in $1,000 units.
.
2
Vis, 1949-53——
Total
tDeferred delivery sale.
tCash sale.
i Note—The above table includes only the sale of coupon bonds.
in registered bonds were:
I
-4
sales in $1,000 units.
No
sales.
7:-®':^:;."'
Transactions
V-.
NEW YORK STOCK RECORD
LOW AND
Saturday
May 30
$ per share
Monday
June 1
*39%
v
106%
*31
•
42%
5%
*18%
40%
108
34%
.
40%
"29%
"41%
5%
5%
$ per share
:
40%
•
108
34
-
x
43
5%
'
40%
*107"
5 per share
40%
40%
108
"29%
35
"41%
43
5%
6
*107
;
40%
108
Friday
Sales for
June 5
the Week
S per share
41
42
*107
108
"29%
-
Range Since January 1
STOCKS
Thursday
'June 4
June 3
S per share
*107
PRICES
Wednesday
June 2
42%
20
SALE
Tuesday
>
$ per share
HIGH
34%
"29%
34%
*41%
42%
42%
42%
6%
6%
6%
6
"18%
19
19
NEW
YORK
On Basis of
STOCK
700
No par
37
100
104
Mar 24
Abraham & Straus——-—No par
31
4%
preferred
Acme Steel
Adams
±—
25
No par
No par
Co—
Express
19
Adams-Mills
11%
11%
12%
12%
12%
12%
31%
Address-Mutigr Corp
31 %
31%
32%
Air
68
64
31%
64 %
68
Ala & Vicksburg
2%
*65
2%
92
.2%
*65
,2%
92
*64
2%
2%
Corp
Reduction
10
No par
Inc
Ry Co
Alaska Juneau Gold Min
—100
10
Allegheny Corp
No
5% % pf A with $30 war
5%% pf A without war
$2.50 prior conv preferred-No
16%
70
4%
131%
10
Chemical
1
48% Jan
20V2 Feb
3
4
38% Jan
6
34% Nov
45
July
68
2
73
75
Aug
61
Jan
6
1% Mar 24
85
Mar
2% Jan
par
100
100
3% Apr
17
3% Apr 18
9% Apr 24
18
May 25
72
Mar 14
3% Apr
9
118% Apr 28
10
6
;
Jan
13;
10
Jan
Jan
Amalgam Leather Co Inc
6 % conv
Amerada
preferred
Petro Corp
footnotes se6 page 2159
No par
(t)el)
No par
Inc
10
Am Agric
Chem
American
For
1
—50
Airlines
22
Apr 29
14% Apr 17
13 Jan
5
6% Jan
15'/a
5
,
Dec
%
3%
Jan
Jan
—
Dec
11%
Jan
167% July
..13
Aug
14% Apr
10% Feb
11% Dec
.
Dec
9
Jan
13
71% May
87
Oct
30% Jan
18% Feb
3
24% Dec
14% Mar
37
Jan
3
5
Jan
25%
—
135%
27
Aug
9% Aug
Dec
6
Jan
99 %
21%. Apr
17% Dec
4%
Jan
10%
Dec
Dec
13
Aug
%
.
Dec
3% Dec
2
73% Feb 27
149
85
11%
81
May 25
24%
Sep
1% Dec
26
22% Jan
5% Jan
Dec
Dec
27
5% Jan
17
17%
9y8
x
7.
4
Apr 28
64% Jun
5
Alpha Portland Cem
Dec
12% Jun
% Jan
No par
No par
Jan
8%
21
11% Apr 24
Mfg—
Sep
51%
-
Jan
No par
Allis-Chalmers
Dec
5% Apr
Mar 27
94% Feb
100
Sep
10
No par
Corp
preferred
43%
54%
-
19
Allied Mills Co Inc..
5%
55%
*
Dec
29% Apr 28
Allied Stores
12%
Feb
34
3
12% Jan 26
14% Jan 26
Allied Kid Co
Highest
$ per share
—'
13
7% Jan
9
par
46
19
5% Apr 24
J
$ per share
Jan .12
2
Dye_—No par
«r>
&
43
Apr
Alghny Lud Stl Corp———-Wo pof
Alleg & West Ry 6% gtd100
Allen Industries Inc
1
Allied
42% Jun
Lowest
.
49% Jan 13
108V* Feb
i*« Jan
100
Albany & Susq RR Co
May 14
Year 1941
.
,
$ per share
May 14
Abbott Laboratories
31%
*59
Highest
$ per share
Shares
Range for Previous
100-Share Lots
Lowest
EXCHANGE
1% Jan 26 ;
1% Aug
20
Sep
41%
Feb
1. 63% July
6 ?
14%
Feb
3 >
40
Feb
18% Jan 27
43
Mar 27
56
19
Mar 12
23% Feb
25% Apr 17
48% Jan
Jan
% Dec
21% Aug
Apr
14% Apr 17
•
.
.
Sep
28
.10
"
.
.
.
r
22%
Dec
58%
Jan
Saturday
Monday
May 30
June 1
June 2
$ per
share
$ per
•y
share
.422%
18
-
-
-
>15%
16
97%
"95
4*3%
4
2
"1%
"20
21 r
26 V4
26%
27
26 %
•44%
"44%
1%
1%
,4/ 1%
1%
31%
*30%
31%
"2%
3%
"5
•
6
"39
"67
-69%,
-
11
10%
44*4%
:
22%
%.
%
•
4%
%
20%
"20
20
:
17%
"17
4%
-
4%
4%
119
,
22%
9%
9%
-
54%
54%
16%
9%
"7%
8%
-
"26
8
-
22%
9-
16%
..;4%
16%
i
♦141
4%
4%
'
1,860
9%
9%
9%
9%
10'/a
55%
55 Va
56 Va
640
*5%
-
27%
*27
,>
..
5% 4- 5%
8%
400
8%
27%
8%
27%
70
23
35%
36%
36%
137
"31
32
*137
-17
16%
-10%
"10%
17%
*
-89%
9%
17-
16%
89%
89%
9-
19%
19%
*18%
115%
115%
115%
116-
41%
41%
41%
42-
42
43
43%
■43%.
*130%
135
"130%
4%
4%
25%
-
26%
4%
•
23%
♦14
9
"7
•30
109 %
-
-
1%
"1%
109 Va
*1%
2%
2%
53%
55
53%
*40
;
•
27
7
3%
3%
"4
4
"61
23%
"7-
4%
64
64,
*61
25 Va
60
*53
60
*53
*25
26
*25
26
*25
96%
96%
96 %
32 Va
32%
20 %
20
\7
17
*35
38
16%
16%
100%
*100%
'4'
*17
16%
16%
100%
6%
*47
47%
"47
45%
*44
45%
45
*110
112 4
111%
6%
6%
*100V2
*47
"17%
6%
45%
*111
111
7
'!
7
*6%
*1% 4
'4
8
*1%
>44
17%
*16%
2%
•:',4.
1%
17%
.
,
—.
-
3 %
2*/a
278
11
10%
10%
2% 4.; 3
2%
2%
1% 4 1%
1%
22.
7%
-7%
"17%
10%
*16
2%
10%
4.: * 7 Vb ;• 8%
1%
*1%
18 %
■2%
-
;
500
210
2%
10%
2%
200
1%
200
17%
20
2%
27/B
10%
.8%
17%
18%
*7%
*1%
>
2%
2%
13%
13
97 Va Jan
14,
21% Jan
26
134% Jan
6
81
,
Dec
43%
Aug
168%
r
Jan
Dec
43%
Dec
xl43
Jan!
73%
Jan
■
Jan
159
Dec
•
7 4 Jan
3%
5
Jan
27
Jan
23%
3
116% Jan
2
Dec
Dec
29 Vb Aug
Sep
116% Aug
19
17
Sep ;
19%
11% May
115%
Sep
,98
Jan
,,
Jan
22 Vb
Feb
13
112
3% Jan
3
2%
Dec
7%
70% Feb
28
,/ 3
64%
Dec
99 Va
3%
Dec
8%
Aug
Feb
81%
Sep
8
Jan
5% Jan
51
Jun
3
76% Jan
14
29
'5% Jan
14
2%
Dec
56% July
30
July
46 Va May
i
Jan
14
5
24
Dec
Jan
3
11 Va
Apr;
112% Mar 19
110%
Jun
115%
Oct
7
Dec
12%
Jan
%
Dec
2 Va
Jan
-
Feb
P
24% Jun
107
May 26
par
27% Apr
24
$6 conv prior
No par
7%
51
,-.—100
Constable
No
Corp...
67% Feb
4
47%
May 26
20
2% Apr
...No par
20
28
<
.
4% Apr
Sep
60Jan
72
Sep
1
20%
Dec
34%
Jan
Va Jan
26
6%
Dec
Feb
2
3
4
9%
<
Sep
Dec
6%
Jan
87%
Dec
91%
Oct
5%
May 27
Sep
5
6% Jan
28
70%
21
.
80
May 26
Sep
Jan
Jan
27
7
Sep
5%
-
Jun
66
2
79
33%
Jan
Apr
Sep
112%
Dec
Jan
100
:—^..1
^.^.100
.100
,
35% July
17%
108% Mar
2%
5% Mar 20
No par
>
26
>
12
14
53
„5
15
4 Va Jan
21
par
Corp
.
16
111% Mar
2% May 14
;5
Jan
35
27
108% Apr
...No
Midl'd
Daniels
Feb
22'/a
<
'1% May 26
Mar 11
1
Jan
10
7% May 20
Mining——20
Paper Co Inc.:—.5
W
50
Mar 30
40
Copper
Dec
10%
Dec
88
Sep
61% Mar 24
77 Va Jan
8
78
55% May 20
83
Jan
17
76
Dec
Jan
9
26
May 26
20
Dec
35%
81% Jan
6
97
May 12
82
Aug
96% Mar
—100
27% Jan
2
39
Mar
17
18
Jan
31% July
60% Jan
3
70
Mar
2
53%
Dec
70% May
2
26
Jan
20
13%
Feb
28 Vb July
/ May 20
34
Jan
5
13%
Feb
45%
Oct
Co_
preferred
5%
19% Jun
17
—1
100
preferred
Jan
45% Jan
3
16%
Jan
56
Nov
30
28
6% Apr 11
23% Jan
28
19%
Jun
28 Vb
Dec
109% Feb
20
May
111%
Jan
5
50% Feb
16
Jan
5
61
May
Jan 17
116
26
- 9Va Jan
111
Apr
Feb
Mar
14% Apr
Refining..
Nichols—.—...*.No
102% Aug
16
33
100
conv
Austin
Apr
46% Apr
May 25
7
Apr
1% Apr
. ,
•70
May 23
111
par
7
25
•43
$5 prior A.——.—i—i—Mo par
Aviation Corp of Del (The)...—.3
12,200
s
Jan
6
18
3% Apr
25
pref series A——y,^100
Atlas, Corp—'
5
6%
preferred
—
50
Atlas * Powder...^—-Mo par
5 7o conv preferred—!
1.100
Atlas Tack Corp.,
..No. par
'
'
Dec
17
4%
200
i
120
6%
12% Mar 11
Atlantic
1,300
47%
'
—
6%.
*
5
13
57o
500
45%
45%
11% July
Jan
Atl G & W I BS Lines
5,000
101%
*47
47%
111
112
*110
16%
100 V2
-
Dec
21% Jan
(Del) pf 7%: gtd—100
100
45%
46
8%
2
27
Jan
4
3
55
Jan
Feb
'
pur \
Jan
4; 28%
Dec
Mar 26
'3% Apr
Sep!
150%
15%
9% Jun
41% Apr
155
:§4,
Dec
139
-6
13
6
Dec
Dec
29%
Mar 14
45% July.
Mar
138
2
16
40% July
-
Santa Fe._.^—.100
5% preferred.
-100
Atlantic Coast Line RR.^
100
300
37%
6%
6%
6%
47%
4
•18%
*35
167/e
33%
14-
Jan
-
Oct
10%
Dec
3
Apr
7,4 Jan
Dec
144
of Illinois—__2*
-
2,600
*17
101
6
Feb
1% Apr- 15
Atch Topeka &
3,300
20%
Jan
29
34% Jan
29
Co
110
37
:/
16%
4..:
20%
73%
Dec
Jan
Assoc Investment
15,200
-62%
Dec
4%
,
28% Jan
-
200
18 V*
*34
46%
111
—
17Va
100 Va
16%.;
101%
63B
20%
35
6%
*44
20 VA
35
;
46%
-
63
17 VB
'
62
62 Va
20%
15%
..
96%
20
37
:
34%
19%
100%
—
96%
33%
62
18
■—
96Va
34
61%
*35
j
96%
64%
*17
300
25%
\
J
60
25%
Jan
50
v
5
2
22
preferred...^—^.25
preferred..
Associated Dry Goods...
6% 1st preferred
7%
2d preferred.^
1,400
33
61"%
21
i
65 %
*52 V2
25%
Aug
15%
14
16% Jun '
108% May
Smelt...1 V
-7 Vo
.
97
32%
65
;
{
33%
*96%
34%
65
.
60
"54
Jan
165%
Dec
30
Artloom
400
,
4%
65
64
25%
96%
v
64
7%
Feb
Jan
35%
20% Feb
3% Apr
No par;
preferred
preferred—
Armstrong Cork Co—
1,900
I
Dec
24
43
"
Jan
9
May 27
147
% Jan
Jan
39 !
13
Feb
35% May 14
Apr
46%
Dec
8% Jun
13
May 25
Jan
Dec
3%
Jan
.v.,
6
11
3%
155
?£
59
28
Apr
Aug
17%
v
Jan,
12
V
26%
-
20%
Jan
165
■3
%; Dec
4% Jan
28
Jan
4
Arnold
3Va95
4%
4%
64
*62%
'
33 Va
__
4%
60
"54
:
.95
4%
.5
*3 Va
25
Apr
121
Mar
23%
r
Dec
23
Apr
111
/
Jan
22 V
Co
-
6%
*81%
95
*81 Vi
4%
i
15%
,
Feb
H
&
■
27
*6Vi,
3%
*3 Va
3%
*81%
26%
6%
500
?
Sep ;
22% May 20
Armour
55
•
Jan i
6V0
Copper Mining—i_50
W & Cable.
No par
Archer
i
500
i 3,400
53%
,*53..
<•'*40
-
27
*6%
6%
*3
90
53%
55
27
27
-*6Va
,
3%
*3
53%
*40
55
*: 13%
Feb
26% Jan
Armour &
200
2%
2%
2%
A
t
■
Dec
2%
Corp—^..12.50
$5 div preferred.:—No par
1%
109
8%
<
4
26% Jan
-17% Jan
—100 '
$5 prior eonv
Andes
V 30:
30
109
Jun
23% Mar.119
15
•7
par
..No
Woolen..—
Preferred
9
*1%
29 Va
109
2%
53 V*
*26%
27-
*81
5
53 %
No
preferred
1st
Amer Zinc Lead &
108 Va
1%
*1%
2%
*40
55'
*6%
95
"80
£3 %
Elec
&
200
108 %
Jan
95%
30
5% Jan
23
15
Anchor Hock Glass
29%
*
17'/a
Dec
11% Mar
8% Jan
preferred—-.^-•-•--^---^-100
Water Wks
Anaconda
1% ;
Jan
Dec
14
Anaconda
*7% >9 >
50
7%
27
420
*7%
Dec
<13% Jan
77%
27
14,600
!
30
May 15
24
■
38
;
•
6
•
50% Jan
!
*
Apr
137% May 29
-
15
t
Oct
16
89% Jan
49% Jan
25%
16
10% Jan
3
143% Jan
24%
*14%
5
Jun
6% Jun
Sep
Jan..
4%
Dec
24
25%
<
Jan
t1 6%
'
29
23%
15
40
21
34% Apr 20
120
Apr
6
5%
100
f
Jan
33 % Apr
25 Va
•14%
109
2%
42
*39
7
2 Va
30%
Dec
101V* Apr
23%
30
109
1
Mar 27
2%
100
$6
400
2,100
J
-3%
6
Dec
-4 Feb
20
^.25
.—.100
American
700
58
3%
Feb
1
;
..——-—25
41 Va
~9
*29%
■
*56 Va
-
4
29
par
Telep & Teleg Co..
41%.
'
"40
"6%
56
3% r,7 3%
May 29
May 28
Tobacco..
Am
100
4Va
3%
■
-
*108%
>1%
30*
-
"52%
26%
"1%
109%
4
2
31
132% May 14
preferred...—
Amer Type Foundries Inc.——.10
American Viscose Corp
,—14
100
|
91 Vb Aug
5
6
Mar
6% Feb
par
l..No
6%
i 1,800
50
*45
Dec
42 Va
3
46% Jan
78% Mar 27
24%
•'
,15
*7%
103%
48 Va
.
1,600
|
.
May
May 25
4Vb
...
v
Common -class B—
American
13,600
2%
■
;.v'
13
4% Mar
-
,r100
Refining..
Tobacco
Sumatra
Amer
100
,
27
Jan
33% Aug
36
21
.
52% Apr
-
—
23%-
•
7
24%
*108%
~9 *
2%
&!■:
-
114
*112%
114
2%
•>
24
*14
15*
*23%
'2%
-
*7%
v
"29%
5
23%
♦23
-
*103%
♦108%
2%
25-
;
26%
55 VA
41%
24 Va
25
15
.
*39
23%
25%
*3%
£5
3%
42%
25%
"14
4,4 3Va
-3%
4Va
43 Va
4%
J
Dec
9% May 25
.—100
Co..i—...No
Stove
Preferred
Am
J 1,900
4,200
132
4%
2%
so
45%
132
.
Feb
'
11,900
44 Va
26%
*112%
'
119-
44%
4Va
!•
25%
/
'2%;
55
3 %
-
24%
25%
113
2%
*3%
:
*40%
•45
39%
56-
'
3%
-
3%
'
*45%
4-
*55
56
56
*112
:
50-
4
26%
I
.V;,'"
145
'
par
-
Jan'
29
V 2
'3% Apr
•
par
par
American Sugar
Sep
38%
8
10
12% Apr
-
—No
Sep
Jan :
24%
:
Jan
15VaApr
•
— -
Foundries:.
Steel
American
700
400
19%
May 26
29
par
American Stores.———No
-
-
Jan
3% Jan
32
20
par
No par
:&d-—il00»
Snuff——.—,.____.25
preferred..——•
Amer
1,400
43
Z,
44%
134
4%
4
25%
2%
,
|.
17%
Apr
Apr
Smelting & Refg—,
6%
500
88 Va
117%
43
*132
9%
9%
*18%
117 Va
42%
|
10%
17 Va
19%
>44. 4
134
4 3%
112-
>44%
49
♦44%
*131%
-
28-
2%
115%
115
4%
112
2%
2%
"4
*4
25%
112
♦110%
135
19%
•
v
11%
16
———25
Rolling Mill
American
10
3,100
88
.
'
115%
43%
4/43>
*18%
89
"
*18%
42
43%
*88
-
17 Va
17 Va
•
17%
*10%
9%
9%
17%
90-
9
10%
*10%
•
16%
16%
i
13
113% Feb
par
conv
> Preferred400
138
138
141
16%
,9%
17
-
"18%
:
33
24% Jan
% Mar 14
Amer
6,200
140
33
,
10%
•*83%
17 %
89%
16%
10%
10%
*10%
9 4
"8%
16%
16%
16%
*136
33%
*137
141
*137
139-
37%
36%
139%
33%
;
32%
32%
36%
35%
*135%
35%
137%
♦135
31%
31%
139
"137
35%
36
140 1
*134
2
9 V2
-
"132
3%
4
preferred
i—^100
American Safety Razor—___^_18.50
American Seating Co,—^
No par
Amer Ship Building Co
No par
500
27%
*8
8%
8-.
..
5%.
5%
5% ;
T%
28%
21% May 21
4%%
Sep
Dec
par
'
Aug;;
Feb
par
American
3,800
54%
6%
Va Dec
35% Mar
..••.';Preferred-:-.--i.-_i------:--V---i-100
V 143'
*141
Jan
-14%
No
CO—
Jan
3%
Vi
> 1%
68
_i_„—100
&
1%
10
6
par "y
No
Dec
13
28
Light-:———.No
$6 preferred
—___JVo
$5 preferred
i—
—No
Am Rad & Stand San'y—„^No
News
Power
Amer
1,900
55%
,
*.
.
'^No par
_•
Va
-
2% Jan
lVa Jan
-—No par
Ltd—
preferred
American
280
| 1,800
I 1,200
19%
16%
.
Metals Co
I
%
16 Va
143
Amer
6%
•
19%
4%
4%
i
143
fs
19%
300
Metals..,
»
22%
%
1 tf
Fdy Co
&
600
4%
&
Mach
20
10
Jan
Aug
95%
2
25
1
Mach
Amer
% Jan
33% Jan
_ilOO 4
Amer
17%
22%
.
19%
'
400
119
*115
:
'
Locomotive..___..Mo
19% Apr
»19 Va
Jan
2
o'.iyt.
.50
preferred.-.^
conv
Preferred-__.__-i._-_
21
Feb ;
78
2% Apr- 14
IlL.'.i..—.1
of
1,400
10%
-
17%
17%
119
22%
:
*4%
4%
4%
17
|
68 Va
9%
27%
5%
Co
14
Jan
9% Aug
Feb
9%
v.
8% Jan
2
2 Va
—.Mo par
Corp-^.
% Jon
x36% Apr
.
Invest
American
<2,800
,6%
%
10%
16%
4%
6
54%
-5%
Internal
American
90
<39-
*38
•
6%
*115
44,
fu
.
*141
54%
8
27%
*
■=
39
68
20%
16° a
-
9%
*5%
27%
fi\
•4%
*54%
5%
5"%
17
Amer
| 200
6,
10%
22%
*19%
•
143
"141
-
%
20
-4%
<
143
"140
"
*5
68%
-
17%
♦17"
22%
3
*10%
;■
-
•
I 4,100
1%
.
'
Products-,——1
American
Ice.;—,;
;_Mo par :r;
6%non-cum preferred—-.-,—100
31%
3
:
'
(6
"
50
Home
American
800
i
■
♦67 VA
10%
-
*115
i"
1%
*30%
6%
68
10%
119-
45
27
25% May 27
•l
44%
3
•
Leather——1
preferred,:
conv
Nov
16% Jan
•
6%
35%
&
Jan
x!7
lVaJan
•
-68-
•
4%
•115
23
"22%
*38
•6%
6%
17%
17%
119
•
39
300
Hide
23
3
Jan
121
18% Jan
>
——10
Hawaiian SS Co
27
--
Jan
115
Dec
4%. Dec
26
6
23 Va
Apr
Jan
3a
•
No par
American
American
Dec
4%
9% Jan
98% Jan
3% May 27
-•■
pary\.
79% July
,
-4
16 Va Jun-
r,
Feb
90%
22% Jan
rte- % Jan
>
Jan
34% July
9% Mar
6
30
May
Jan
185
Dec
107
2
8% Jan -5
92
Dec
Apr
17% Mar 26
7% Mar 11
<
•
•I
2%
2%
$6 preferred——-i-.—:
y
95
5
-15% Apr
>
Mar
Jan
110.
16
-
3% May-25
-
$7 2d preferred A__i„___.JVo par
200
Jan
'
-No -par
-~No
Mar
15
-.,-1
Export Lines Inc
3
69
Tiling___-,__1
preferred
$7
1,200
23
*34
1%
*5
10%
»4%
:
-17%<-
"17
"115
6
89*
69%
10%
:
4%'
•
3%
'
6%
"
European Secs_-__-_^-Mo par
American
200
j
21%
31%
i%
:
*30%
4 3 "7
♦5
40 '
-
6%
Encaustic
20% Jan
May 26
95 Va
16%
13
May 27
Allegh Co N J____25
Amer A Por'n Power_-__
1.400
,
2'/a
I
21
45
44%
*2%
31/B
4/644
"5
-
♦6%
6%
"67
;4
-39
38%
*2%
-
•
25%
*26%
357/8
*34
44%
"30%
31%
.200
4:2%
*2%
2%
44%
>
•2
1%
V
26%
•
2,100
;
*2
4.
21
26%
35%
43%
"43%
*30%
*2Va
6
.%
2%
20%
*34
Amer
24%
r-
27
35%
American
i
'
-
par
'..Wo
Cnicle__^
73% Jan
16
100
Aug
56
2
105
par \
r
Oct
3
23
33 V Jan
55% May 2i
_>-.______v-<Wwr^_100
55%
Jun
130%
Apr
Mar
157%
Jan
39
Dec
1
166
12
8%
;
47%
Xl22%
69.% Jun ,; 5%
Feb 10
29
Mar
Dec
Dec
.
May 20
20
•
par
Crystal Sugars.,—.10/
1st preferred-^-^..........lOO
[loo
.VU
:
.<'56% Apr
25
*
No
Fdy___
-
*2
"34
35%
"L "34
25
20%
20%
♦26*
•2%
2%
2%
'
2%
:
%
24%
2
2 ■
1%
17%
17
44 %
24%
24%
-
> 1%
"20%
20%
*
24
24
23%
»
%
'
American
6%
%
%
3
33
9% Aug
Dec
Apr
26%
15
10
1 % Jan
Comm'l Alcohol Corp„7—--20
Am
*3% % 5
17 Va
17%
5
*3%
4
>J3
500
97%
*% •>%
17 •::,
16%
95%
3,000
<
16 Va
Jan
130% Feb
13
American Colortype- Co— ^___i--_10
100
\
o
97%
*95%
%
%
18
16%
28
20
preferred
Coal Co of
Am
16%
Apr
Apr
j, ;
$ per share
41%
?:
1 Va Apr
-
&
6
14
23
-
Highest
'
3%
Feb
5% Jan
47 <■:
120
159 /
conv
American
300
*4%
'
9
9
16%
97%
"3%
-
J3
a
6-
*4%
■T
9
16%
-
-
%
•
*
17""
17
-4%..
.
•
*95%
%
"4
*"3%
17
23%
-
*%.
4
17
:>J5
9
97%
*95%
%
•4%
*14%
18
5%
100.
I
85%
85%
Can
Car
5%
8.
7% Jan
.
par
Am] Chain^Cable Inc—--Mo
1,000
f
2
14
3% Mar 11
Lowest
$ per share
100
Corp_^._i.»-_l
Radio
&
Preferred
600
16%
5% Jan
38% Apr
Preferred
American
1,900
108
Corp
preferred—,.
conv
Cable
American
100
-
57%
16%
108
s
89
*14%
17%
16%
16%
U0
,
*84
83
."*14%
-9 *
8%
8%
8%
*105
57%
16%
*16%
16%
108%
*4%
"4%
4%
*4%
16
16%
5Vi%
Amer
v.:
22 Va
21%
Bosch
Brake Shoe &
Am
-
5,500
69 Va
162
162
,__10
„—.._L.50
,_1
Note„__.
preferred
American
2,700
>
1%
1%
57%
57%
58%
*57
*105%
*
40
21%
81%
18
"14%
1,500
'<68%
166%
21
83
"81%.
83
'"14%
•161
21%
21%
16%
16%
"105%; 110
17%
108%
"78%
67 Va
166%
...
59%
"57
59
59
*16%
"105
26%
123%
7
68 Va
67%
65
*161
65%
21% '22%
22%
6%
r4 i%
1%
26%
123%
123%
6%
400
%
Year 1941
$ per share
share
•~
20
4%
26
25%
45
*4 Va
Bank
American
1,600
7%
7%
*42%
v
4%
*123
123
*1%
166%
"161
163
45
*4
25%
24%
123
1%
64%
64%
64 %
"161
4%
25 >
1%
1%
1%
•f*43
4
4
123%
"123
123%
;■
45
'"42 Va
45
>24%
25
>,4
"122
''
"4
4%
•4
25
4 7%
•
"42%
42%
42 %
$ per
Par
Shares
5 per share
share
*7%
7%
7%
7%
7
7
*6%
$ per
$ per share
$ per share
Range for Previous
.
"
Highest.
Lowest
EXCHANGE
,
,
100-Share Lots
Basis of
On
STOCK
YORK
NEW
for
the Week
June 5
June 4
June 3
X
Range Since January 1
STOCKS
Sales
Friday
Thursday
Wednesday
Tuesday
Monday, June 8, 1942
RECORD
NEW YORK STOCK
HIGH SALE PRICES
LOW AND
•':
FINANCIAL CHRONICLE
THE COMMERCIAL &
2150
15% Apr
2% Jun
30
17
28
2
.
Jan
4%
;
Jan
6%
6
,
51 VB
-
13
■
Nov
72%
Feb
Jan
Oct
121
9% July
37/e
■
May
Oct
25%
1% May
9
6
,
Sep
7% July
Feb
47%
9
2% Jan
,22
107
Oct
5% Jan
2% Apr
B
10%
•
5
»
5
4%
^
4
2% ,4 2%
*4%
■4%
5
4%
4%
4%
4%
*4 %
25 V3
24%
24%
*24%
-
4%
*24%
25%
0%
*4%
*26
9%
9%
9%
9%
5%
*4%
5%
5
30
*26%
8 %
8%
13 %
30
8%
12%
12%
19%
*22%
20
4
23%
103
*103
110
*22
29
>22
75
6%
75
,
6%
*75%
*6%
.
300
50
*9%
9%
9%
9%
*4%
6
5
5
*26%
*27%
30
8%
8%
12%
■
8%
12%
20%
20%
*20%
'
Barber
Brothers
*22 %
23%
*22%
23%
*103
110
26
77
'
77
6%
6%
110
*23 %
-•
80
-
26
80
*6%
6%
*103
*23%
81%
6%
$5
81 % ;
6%
—25
No par
.-—50
Creamery..
preferred
Creek
w w
RR—
400 i
Beech-Nut
300
Belding-Hemingway..
«
par
.-20
Packing Co
—
No par
11 Va
30
*11%
*47
20%
50%
110 VB
*13
11%
*13
'
11
*13
10%
10%
29%
29%
30
29%
12%
12
12
12%
49
*47
49
20%
*20
20%
52
110%
50%
110%
19%
50%
f—f 0 00 4=
*47
■
s12%
49
19%
50%
•»»
51%'
H 0 CO i0?
109%
*13
•
11
30%
For footnotes see page 2159.
11
—
30 Va
6,300
Bendix
12%
12%
1,600
Beneficial
1,200
Best
30
12%
12%
51%
*108
49
20%
52%
109
Aircraft
29%
29%
20
Bell
1,900
11%
*47
Belgian Nat Rys part pref—
11%'
11%
*47
21
51%
107%
Pr
49
21%
53%'
108%
i
10,800
600
&
Co.—
Steel
preferred.:
6% Mar 25
4 % Apr
8% Jan
•
3
15% Apr
Loan.—L—No
No
par
(Del).—'...No par
100
Dec
7%
Feb
6
13%
Dec
247/a Mar
17%
Dec
6
Jan
27
Jan
20
11 Va Jan
27
18% Jan
;
7
Dec
Apr
'
■
i
5 Va
Dec
27%
:
Dec
20
,
.
.
.
31% Mar
27% July
" Dec
15
24'/a Feb
11
103
Mar 20
104 Va Feb
16
102%
Dec
24
May 23
Feb
24
28%
Feb
110% Jan
10
7% Jan
29
20
64
Apr
Apr
24
6% May 14
May 20
9% May
6
.
30
/ 15
'
' May
Jan
87/B July
,
4:
;v.
Z 30
18%
13
20% Jun
3Va
.
4.. 12% Sep
\ 34
July
12% Sep
9% July
35
Sep
.4 10% July
;
20
9% Jan
f
Dec
5% July
Dec
3%
27
19
Dec
2 Va
.
6% Jan 26
,
30
28% May 21
par
28
31% Jan
2
12 Va Jun
5
—
——
25
24% May 13
V
10%
2
4% Jan
7% Jan
2
9% May 20
pfd $2.50 div series '38_No par
Bethlehem
7%
Indus
15
Jan
.1
Corp—
Aviation
Z Apr.
13
'
*13
4
..-5
Corp.—————1
/
4'% May 27
22
par
Cigars Inc.—.......-No
Bayuk
Beech
26
No
Co.—j—
Oil
Bath Iron Works
Beatrice
106
3
1——50
preferred-
Barnsdall
2,100
4,500
1,700 /'
__i_
14% Jan
17
2% Jun
—10
Asphalt Corp.._•
Barker
5%7c
v
10% Apr
Conv
200
21'/4
23%
13
—
1,400;
13%
21%
Ohio
Bangor
■
30
8%
8%
12%
&
preferred..———.——.100
& Aroostook^
—.—50
5 %
preferred—!.
100
4%
1,300
4%-
12%
*23%
6%
Baltimore
25%'
5
30
*103
80
1
5,200f.
"4%
*22%
29
•
100
Baldwin Loco Works v t c
25%
*,21
,23%
*103
5
2,600
4%
8%
20%
4%
4%
3
<■
25%
*4%
*25
12%
12%
20
*22%
r
-v
3
11
9%
4
*25
8%.
4%
10%
•
8
108
Oct
106
32
;
126'
Jun
Apr
.
8% July
6%
Dec
10%
Jan
32%
-
Apr
41 VB
Sep
Jan
.
;
17
3
Oct,
—_
16% Mar 30
39% Jan
Jan
14
Jan
13
10%
Dec
207/a
50
Aug
57
May
46% Mar
18
52
Jan
23
17% Apr
27
24% Jan
19
19%
Dec
34% July
49% May 25
66% Jan
2
51 Va
Dec
89%
Jan
Jan
7
Dec
131%
Jan
108 Va May
25
121
115
■,
i
Volume 155
•
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4079
LOW
Saturday
May SO
$ per
Monday
HIGH
AND
share
$ per
22
22
17
Thursday
*17
*17
18
5%
'9
:>:> 5%
V-5%
*10%
10
•
14''■/ 14%
26
26
*73%
•33
;
14%'
23%
*i%
•
£ i%:
*26
28 %
'
''13%
7%'
17%
18
*28 >
29
*33
34%. '
14
.
28
;
4
-
23%
22%
23
*1%
1%
*1%
27%
28%
16
;
17%
17%
Bohn
Bon
7
28%
*28%
16 >;
*13%
-'7
8
18
17%
18%
&
"—No
17%.
par
£
22% Jan
20
29
193A Jan
28
7% Jan
14
5
Dec
10%
Jan
14% Jan
3
13
Dec
18%
Jan
12
2
10
Dec
17
Oct
>
Bower
30O
Bridgeport Brass Co.
Roller Bearing Co,
Brewing Corp. of America
3,200
:L
5
—
25
;
15
Briggs Manufacturing...—No.
7 % Apr
Dec
Apr
5
25%
16
7 30% Jan
Apr
54
Dec
23'A July
Dec
21%
Sep
16
Apr
21
Sep
7',
%
Feb
5
28
9
16%
6
6%
Dec
18% Apr
2
3
-14»A
Dec
Jan
Jan /
;
3% July
393/8 Jan
7y
Dec
9'A Jan
111%
Dec
18% Feb
;
Jan
18JA
Mar 17
9
35
17.
•
13
2% Feb
Oct
Dec
38
5
24
*7' 90
Mar
243/4 Sep
89
7
'
28
15% Jan
par
;•
12%
205A Jan
31% Aug
23% Sep
Dec
"
17% Jan
>
Mar 10
May 22
x 15
70
7
Jan
40% Jan
-
6
No par
*
15%
95% Feb
2
"1% Jan
7
Dec
31% Jan
28
193A Jan
721
.
6
4 21%
13% May 20
18% Mar 31
—100
Jan
>-7Q .-Apr -
May 29
30% Apr
(The) ——v.;—15>:v.
Borg-Warner Corp
—.5
200;
$ per share
2
72
——1
m
18%
>
Co
Boston & Maine RR
Highest
$ per share
18% Apr
13% May 20
25
May 2
par
No
Year 1941
Lowest
$ per share
8
Apr 30
v*-65% Apr, 28
Brass...——5
class A-
30%
8
—5V.-
B——
Borden
3,500
,
Co
Range for Previous
Lots
Highest
143/4 Apr
par
..No
*
' 5% May 29
11% Jun
3
par •; /
Mfg Co.*—-No par
Stores1 Inc—
Bond
*13%
7% '% 7%
...]Vo
Co———No
Aluminum
Ami
Class
r
,1%.
27%
•>7%
Decker
100-Share
$ per share
'
:
5,100"
7 23%
&
of
•
•
40
19%
1%
.
Par
\
par
5001
19%
i
r.,Blumenthal & Co ^rqferred—>100
Boeing Alrplahe Co__——'5
30
14%
1
\
Bliss & Laughlin Inc
600
773/4.
35%;
Xl4%
14%
19%: 20
Black
J. Blaw-Knox
100
Basis
Lowest
'
Bigelow-Sanf Carp Inc
200
8,100'
28,
7
.77%
On
Bloomingdale Brothers
*33
.
35
.
%.
23%
*1%
*13%
16
%'
14%
.
19%
; 8%
*7%
17%
1
*33
22%
•
28%
*28
;>>13%
16 •''•1;
7%
78
14
27%
78
.32
14
-1%
,n%<
26%
19%
23%
23
;
1
19%
19
'
;:13%fc14% 7f
Range Since January 1
STOCK
■
,
67%
14%
....,
YORK
EXCHANGE
2,500
v
10
*62
7
13
*9
.
.26
32
>
14
.,*13%
19
10
67% v.-
v.
•
.78
*75%
•
34%
>32
23-'
'
78
17%
-,5%'
*10%
NEW
loo-
5V*
13
for
Shares"
23
17%.
17%
*9 7;
14
*21%
%V-' 7 5 %
*62
-.68
26
26
26
*73%
33
*13%
18%
—
'&
78
v
13%
14
13%
5
*10%
.10
*9%
^62*
.68.;,,
>
5>/8
the Week
$ per share
■
22%
11%;.
.
11%
10
*9
*17
17% 7
,
:'r .5%
11%
*21%
Sales
June 5
*
•
■
$ per share
.
22%
•21
Friday
June 4
,
$ per share
22
11%
5%
*10%
;
STOCKS
June 3
5 per share
share
t
)
PRICES
Wednesday
June 2
"-
June L
21%
■rr
SALE
Tuesday
'
:
2151
17%
Dec
12%
Jan
25%
/
Jan
"
>'"'■
./29'-:>
*33
33%
>>-♦44
42
1>1
1 %.-.•:
;
*73/8 > 8
*28
6%
6%
'105
106
*
2%
105 r
105
'
>
48%
2%
48%
•■fi 8 %
7
8 %
1,900
1093/4
•6%
1,200
6%
6%
12%
12%
*11%
*16
17%
*16
17
16%
,16%
16 3/4
163/4
163A
*22%
223A
22%
22%
*22%
23%
16%
>
*54
-•
:V.
"
165/8
16%
163/4
<
*54%
543/4
•54
7%
*2%
; 2%
1755
7%
73/8
2%
23/8
*20
22
*53/8
7%
■
20%
2 5/a
20%
*2%
*63/4
7
*6%
80
*77%
12
■,
1,800
2 V2
800
Bush
50
Bush
5%
t
6%
*77%
12%
12%
*12
17
*16 7a
<17%
17%
*50%
53 v
*50%
i°0
18
►
H
12%
>
Byers Co
10
Zinc—
14
5% Jun
1
7'A Jan
14
5%
13%
13%
13%
13%
133/4
13%
600
10%
10%
10%
11V*
10%
11 'A
3 800
Campbell W & C Fdy_„
Canada Dry Ginger Ale:
6,000
Canada Southern Ry Co—„100
Canadian Pacific Ry—t—
25
34
.
'
4%
4%
*29%
30'A
•
2
•
35
79
■
2%
643/4
29%
25%
2 »A
,
122
120
32
32%
19
19%
117
•82%
84
*67/a
7
69%>
16%
32
j
19
82%
16% >:
*2
32%
117
.7
,117
Carpenter
300
Carriers & General
Case
!
60
(J
Steel
I)
7%
1
Ohio
Ry
Corp.:
100
Preferred
T.100
:
-
33%
3,000
Caterpillar Tractor—
4,900
Celanese Corp of Amer
120
119
v
series
No par
;*67
*16
16 5/a
16%
69 3A
*69
*16%
•"
693/,
16%
1
17
7%:
7%.
:
30
7%
2d preferred
69%-69%
Celotex
1,200,
100
40
*163/4 >17
!
300
5%
No
preferred^—
,
Jan
7%
Jan
4'A
Dec
9%
Nov
14%
10%
Jun
17%
Sep
Mar 11
26 */a
Dec
40
Jan
}.
3 .7 Dec
14
Jan
5% Aug
Dec
Dec
32
Dec
41
> 89
Jan
28
79
Dec
92% May
7
22
Apr
30 Va
273AJan,
3-
2JA
39%
Apr
3% July :
Dec
Jan
19
Feb
6
43
Feb
112
Mar
17
69
Apr 24
16
Bep
1%
32%
/•
42
Jan
21% Jan:
x
3
36
;
Jan
3 Va
*
873A
125
Jan
Jan
Sep
Jan
Deo
18%
3
/ 93- Jan 12;
120% Jan 22
Apr 29
Apr 17
6y2 Apr 15
66
Feb 25
.100
54% Nov
7' 1®/8
77
Central Aguirre Assoc.——-No par
24 3A
Dec
5
110
.
par
Dec
Mar
iS
Feb
Apr 24
Apr 23
82
——100
—
Corp.,.
153/4
37
28
15
100
Jan
51
>
37 V2 Feb 16
2JA May
6
/
30
/
No par
prior
preferred
7Vo prior preferred...—
300
823/4
82%
5%
117
■
12
7% Apr;
16 ■:..;l22%iMay,^5.
543/, Apr
Jan
July
5
;>2% May 18
1
;
Co
Jan
100
6
4% Jan
10
23'A Apr
4%
11%
7
12% Jan
32
.
Apr 20
Apr 14
77
,
5
19%
■
13A Feb
32
100
Co
90
r
*117
>
823/4
7%
:
•
29% May 16
par
Aug
15% Apr/
11% Jan
2
9'A Apr 25
29
Apr 16
33/8 Jan
2
——_10
19%
•
,
82 34
200
1,100
122
33
90
,82%
$3 preferred A
Carolina Clinch &
90
19%
117
68
*120
;.7%
No
-
160
.
2»A;
2%;
333A
19
f
24%
673/4
121
*89'A
5
No par
5
Capital Admin, class A_—
t
80
80
2 3/g
32%
Mills
Cannon
23/*
35
*233/4
67%
121
200
<
Cons Cop
12% May 14
'
.24%
*2y4
.
4%
80
*33 7
80
-
«
Hecla
■
67a
*68%
v
80
4 7
*29s/a
23%
35
-
67%
-.90
*115%
83%
4%
a,;-
*23%
193%
>*115%
,
':>■ *.
.
'•
30
2%
120
*88%
<
>
34
*291/2
67'A
<
65%
89 3A
*115%
*68%
*2%
65
19
'
*2
*33
779%
90 ;
183/4
4 >
35
25%
34
*293A
2%
i
79 %►
65
32%
*2
*33
79%
*120
122
32
k 4%
243/4
2%
-i
4%
2%
243A
2 %,::> >
64%
*120
*29%
29%
35
*79
,
.34
4%
:
*33
253/a
*29%
29%
1
297b
*2
...
,
79
*24
34
4%
.
.
23A,
*33
*89
*29
.
Calumet &
1,000.
:
Dec
Feb
Sep
23
Dec
6
Sep
6% July
Dec
2%
29
Jan 10
9% July
25
Dec
76%
Sep
Nov
4»A
Dec
18
13
Jan
Dec
4»A
14
95
7
5
Dec
13A
14
1 8% Jan
,
53A
Jan
563/4
May
15
26
13%
,6
3% Jan
6
l'AJan
•5%
6
17
193A Jan
'10%
*29%
~
2% Apr
50% Jan
10%
-
30
2
*13 78
> 6
2034 Apr
2
53/4
—
14
49
6
14
10%
6
6'A Feb
16y2 Jan
137a
5%
20% July
503A Apr
»/2 Jun
53/4
-
35%
Dec
19% Feb
_1
10%
53/4
Dec
50
—
Zinc-Lead
July::
8 Vb
;•
15%
par
Packing.—„■
preferred
July
23 Va
19
10
76
3
5
Jun
Jan
5% Jan
Feb
7
24 'A Feb
6% Mar
118
Dec
Jan
} 7%Jan 27
3% Feb
6
2
79
Jun
2%
51
34'A
:
2
No par
Sep'
Jan
Dec
No
5%
12®/»
718%
par
Callahan
Dec
5
.
California
900
23% Mar
19'A Jan
2
Jan
5% Jan
5
(A M)__
37
Jan
23
"
"
6% Jan
2% Jan
—30
14%
Jan
109
x
10
18
Sep
Dec
Dec
7% Feb 14 777 5% Deo
15% Mar 30
55% Jan
No par
——1
Jan
7%
6
Apr 17
53
par
6%
11%
3
Feb
26
•13%
•■
27
3% Jan
66
No
1,400
%
&
112% Jan
1
19'A May
14% May
Aug
30
9
1
preferred—,.
Copper
8% Jan
—_100
t
*%
conv
>
Participating preferred
Byron Jackson Co—
700
63
*50%
5/a
r
18%.
18%
53
*%
79
12%
18%
*50%
5/a
300
67a
79
12%
18
53
,>
5%
7
Oct
23/a
'
6% May 29
Bldg 7% preferred—100
Butler Bros————
..10
Butte
-
16
16y4May27
No
Terminal——.;
100
Jan
7
45'A
Dec
1
Z
Jan
Apr
Dec
%
16
14
11% May 21
Term
1,100
2%
6%
80
12%
20
*23/s
.
6 3/4
*79
; 12%
20
2%
63/4
80
*
Va
203/8
*23/8
Jan
...1
Burroughs Add Mach...
2,000
7
35
2% Apr 24
47% Jun
3
par
1
3
No par
No par
Burlington Mills Corp—
Conv pref $2.75 ser
7%
53/4
>>—No
Jan
9% Feb
v
>
103% Mar 12
x
par
—100
v. Bulova Watch____..
1,200
20%
2%
20
53/4
20'
2%
i:
6%
6%
80
53
16aA
73/8
2%
21
53/4
200
163A
16%.
>•; 55 ;
No
—_
Bullard Co—
*54
7%
•
21
5%
20%
*2%
*77%
*50
1
5%
>
*23/8
22
20%
23/8
12
2%
;
500'
V
__100
.
Mfg
preferred
Wheel,.,
Buffalo Forge Co
100
,
17%
22% A 223/4' ••
163/4
55
73/a
7%
,
*2%
; 5%
163/4
55
preferred
(E G)
Apr 29
Apr 23
.28% May 15
par
.9% Apr 17
5.7;
63/8 May 14
'
20
23A
f
*20
22
*53/8
5%
20
7%
*20
16%
»
12
41
38
% Jan 13
1% Jan
5
No par
Co
Budd
6%
:i2%
*
7%
6%
6%
*11%
*54
'40-
T/o
6%
23
Bucyrus-Erie
Budd
12%
23% Dec
43
7
Brown,Shoe Co.———
Bruns-Balke-Collender...—No
250
6 VB
*22%
par
'
,
,
1,700
*11%
»
-No
Brooklyn Union Gas
•
900'
23/8
fe%
6 %'
■
1,100
29% Feb 23
1
483/4
12%
'•■'■
par
Jan 2
Apr 21
fs Apr 16
No
23/8
*11%
30
No par
483A
49%
26
5
.
Bklyn-Manh Transit..
12%
*105%
23/8
49
Na pat
:
Co
Brooklyn & Queens Tr._,
1
>67/a
106%
"2%
Bristol-Myers
200
30 >
y
12%
7
.
Briggs & Strattoff
400
>
11,
1%.
•28
12 3/a
106
2%
473A
36
v-7 ii 7/
7. *1
.30:
•
63A
.
106
'104%
2%
48%
2%
2%
49
*48%
63A
*35
42
8%
>
12
>
>
v!
73/4
*28'
ll'/a
63A.
/
:
7%
..
11%
11 ®/a
28%
lVs
;3o >>
-*28
30
11®4
s- :> 7 ;>>
7
7%
8
•
*28
11%
*28
35
-,
*1
1%
•
28%
-*44
32
.
V
35
■'> '3
•
*1
1%
*7%
30
•>.
*11%
>14'
42
;
*1
*28
35
•
*Ji
?'*"■*
•29
*28
33%
*28
50®/i July
Dec
293/4 July
-
—
116% Mar
122%
Dec
94% Jan, 14
StAJan;
71% Jan
Apr 27
5%
3
x
10% Jun
65
3
23% Jan 27
Dec
Dec
15%
Jun
75
Sep
223A Mar
'
*1%
l7/8
94%
94%
?1%
.'
23/a
*14
*94
27/a
*88
90
*2
17a
17a
25
*24'A
*178
2%
2
243/4
24%
16
16
94
*2
*"
13
25
-
16
'
*2
90
Central
50
Central
2%
2
'
-7
400
Co
4y2%
....1
Preferred
Cerro
1,500
2
'• 2
'
*24%
26
!
17%
•16
18%
..100
Products...^
-6c/e prior preferred——!
16%
16%
490
99
98
98
*143/4
15
14%
143/4
14%
7%
*6%
7%
*6%
3
33/a
*33A
30
30 V*
90
90
•
*96
:
3%
293/,
:'•%■■
*3A
3%
27s
3
*23/4
1%
1%
1%
1%
*1%
9%
93/e
83/4
9
5
*4 7a
47/8
13s/a
13%
*
*33 '/b
-
36
50
'
*%
%
P
"
'
*
1*6
*11%
1%
i
*20
8%
5
341/8
49%
49%
32
595/s
60%
23/s
*2%
*29%
2%
*67
,
108%
233A
24
Chicago
Chiids
1
99
61
61
42
62 y8
23/8
*78%
80%
*773/4
79%
*78
*45
50 '
*46%
50
.75
■
107%
24
,24
99
2 3%.
75
'
»_
>-V
108
24
7
*23%
35 y4
353/8
35%
353A
29%
29%
293/4
30%
143%
71
143%
71
*59%
60
*142%
71
96
13%
11*%
113/8
see
page 21-59.
14
3A
•
1%
*1
'
*59%
13%
*99
13%
*99
*V/4
1%
11%
13%
99
*\h
1%
11 %
100%
14
%
*1
13%
99
;
143/a
1%-
:■ r-
84
*78
84
50
35
400;
*461/4
10
;
50
148
71
7
;
142 %
73 :>
:
35
35%.
35%,
1,100
31%
32%;
3,400
148
*142%
73
•
7.
73
593A
1%
.•13%
.•14
iy8
7*1
*59%
*520
13%
100 y2
133/4
110
•
.14%
3/4"
1%
V/2
60
*100
13%
*99
*14.
('*\h
60
100%
100%
~14 ;
100%;
13%
13%-
14
110
*99
14%
' " 110
>14%
1%:
l3/a
*1
.
!4
25
-
pf'of-rred
gtd—50
Special gtd 4% stock
50
Climax Molybdenum
No par
Cluett Peabody & Co...^
No par
7%
Preferred
4,600
Coca-Cbla Intern Corp
Colgate-Palmolive-Peet
$4.25 preferred
No par
Collins & Aikman—
No par
-
300
1,300
Class
(The)....—
A
40
Colo Fuel & Iron Corp
100
Colorado
160
5%
conv
&
preferred
Southern
139
par
No par
No par
100
No par
11%
113A
ll3/4
113/4
12
12%
12.-
12%
711%
1,500
11'%
12
12
12
121/4
12
12%
1,500
6%
3
4%
1st preferred
.100
1
May 19
2d preferred
—100
1
Jan
3
8% Apr
17
83/a Apr
24
Nov
8%
Jan
37%
Apr
"144%
Jan
49
Apr
54
July
>
19% July
Jan
5
3/a Jan
i6
A
Dec
A
Feb
% Jan 29
% Feb- 3
•h
A
Dec
%
Jan
%
Jan
11%
133/4
2%
25
8% May
Jim-1
Feb 27
62%
10y»
96V2
34
2%
34 %
>
Jun
4
Feb 25
72
112
10%
Dec
20
Dec
41%
Dec
Jan
103/4
104%
Aug
Apr
14
40
Aug
46%
Feb
Jan
12
Jan
8
2
Dec
29%
Dec
Apr'
Feb
4%
Sep
40%
Aug
139
Apr
Mar 10
70 3A
Oct
85
Jan
Jan ; 3
109%
Dec
115
Aug
5
98
May
84% Mar 10
50
Jan ,26
Jan
36% Jan
5
3
,
,
81
48%
27
28%
2
6
;
9
78
60
740
Feb 25
Feb
Feb
Jan
l'AJan
2
30
2'A Jan 31
Feb
13% Jan
>13% Jan
%
2
,
6
6
.11
11
50
44%
39"%
Bep
Oct
Mar
Dec
Sep
Sep
Dec
106
Jan
740
10% Dec
18% Jan 26
84%
Jan
Mar
July
*
100% Feb
11
Dec
105% Dec
12% Dec
>
3/a Dec
1
Dec
5
105
148
5
Jun
14% Feb
33%
Dec
142
;
Dec
Nov
105% Jan 22
2
72%
Dec
Jan
105
Jan
Dec
Oct
..
27
8
100
>
Sep
Aug
92
24
>14
Sep
3
23
5
470
14%
:!
Jan
Jan
44
93/4
Feb
1
Feb ': 6
Jan 13
29
97% Apr 25
11
May 4
96
May 1
*13% May 21
16
Oct
July
11%
52
,
63% Jan
V
3% Mar
•
v
> 79% Jan
5/8 Apr
1% July
Dec
17
22
11
15
11% Mar 13
Dec
Feb
143 % Jun
100
Columb Br'd Sys Inc cl A
2.50
Class B
——2.50
Mar
Mar
A
139
4%
1%
1%
22
>
Feb
3JA
May 14
May 2
Apr 28
Apr 24
Jan
Jan
102%
1A
56% Mar 24
55% Jan 28
470
Feb 25
No par
No
300
i3/8;
.100
i
Co
77%
47
32'A
25%
,
Apr
May
May
May
Oct
44%
Dec
26
—
67%
107%
22
95%
4%
Dec
93
'
9%
34
Apr 14
2% Mar 9
29% Mar 12
—
2JA May
>31 %
5'/a May 21
2
Jan
3
May 12
9
92
—
Jan
17'A Jan
3
393A Jan 21
43% Jan
-5
No par
—100
City Investing Co
1
100
City Stores
5
Clark Equipment
No par
C C C & St Louis Ry Co
100
5% preferred
x
.100
Clev El Ilium $4.50 pfd
No par
Clev Graph Bronze Co (The)..—1
5% preferred
—100
•6%%
-
•
l'/aJan
3
20
May 28
Sep
18
29
Jan
Oct
22%
Dec
•
11% May 20
Copper Co
*
-143/4
•
:
Coca-Cola
4
3/4
10
No par
Oil
1
2
30
Feb •' 7
13lAMar ?3
'A Jan
2
'/a Mar 23
8% Jan
2
2,100
<;
13%
Cotton
Chrysler Corp
City Ice & Fuel
10
*520
~13%
■■■"VA 7 l3/a
*1
r
73%:-
*59%
'
13%
148
& Jan
107%
Dec
5%
1% Jan
>
Jan
21% Jan
5
2
1-100
Jan
37%
r.\;
Oct
2% Jan *26
5
2
No par
Yellow Cab
Co
Clev & Pitts RR Co
313A
»;
Pacific
•v
50
,
96
31
*
*520
O,
*97
133/4
*3/8
For footnotes
13
98%
143/a
-
59%
*520
13%
105 -
800
24%
99
'
*
110
'
34%
133/4
75
108
*46'A
29%
98%
2%
*78
50
1,100
31Va
*95%
.83
23,300
135
*67%
107 3A
'
Chile
42
2%
*29%
135
.
10
94%.
*32%
31'A
•
*67%
108%
*46%
;
62%.
10
94%
-
42
*29%
$
60 y2
10
94%
*32%
2%
*95%
*98
■;■<:
22
&
4
98
<
<
Apr
14%
:>
36% Jan 27
>
.j,
> 95% Dec
Feb 10
7% Jan* 5
17
16
83A Jun
100
Chlckasha
*20
S/B Apr
^.100
200
*67%
*23
Isl
Co
preferred
200
22
8
l3/8 Jun
/
50
preferred
300
*20
24
Apr
23A Jun
40
7 c/c
1%
1
*95%
13%
Apr
'•
15
July
:-
34% July
53/e Jan
Dec
22%
14
27 JA Apr
89
par
6%
12%
" 31
*1073/4
100
Rock
113/4
*29%
99,
*59%
--97
Dec
4
Oct
<
Jan
Chic
'VA
*
75
*1073/4
*520
Dec
27
-'•
100
200
12%
*2%
31%
135
71%
•/
17
Dec
J'A
Jan
4%, Aug
25
6
4% Jan 23
*11%
*32%
*953/4
70 3/4
Jan
•;
Jan
12y8May21
33
Apr 28
49% Jun
4
VA
42
*142% 148
*i} y. *'*
19
—5
12%
' 22
No
.-
Mail Order
115/a
9%
31%
Chicago
12%
.941/2
33%
29'A
29
_
2
3% July
115%
' 77
5
2
Jun
Chicago Pneumat Tool...—No par
$3 conv preferred....
No par
Pr pf ($2.50) cum div
No par
115/8
10
24'A
Feb
27
2y2Jan>
23AMay23
;._25
preferred
*iy8
94
135
A
1%
*93/4
108
4XA
Mar 30
31% Jan
2
5'A Apr 22
par
;—5
East 111 RR Co
7 12%
593A
42
5%
%
94
7;
'
%
10
108
50
-
*ya
'%
11%
&
Class
36
*49
*%
94
*23
Dee
29
Apr 27
«
100
*32%
f
%
*93A
*32%
Chic
700
3,
74
94
75
95
\
14% May
No
Chicago Great West RR Co—1—50
1,400
7
131%
3
5%
13%
93
Mfg
No par
3,500
*%
10
*67>
9%
Cab
16
.^^.100
200
3/4
*%
*32%
>
\1
Jan
Dec
Dec
1
,
3'A Feb 11
2
1% Apr 28
23'AJan
2
.—100
i%
108%
2
.7
18
5
Jan
No par
pfd
100
Chesapeake & Ohio Ry
Preferred series A—,.
700
%
94
*2%
Jan
27
L—1 i
^Chesapeake Corp
800
13/4
51/8
*32%
*93%
*29%
%'
-31/a
15/8
8
13%
■rf. 9%
*
100
%
"
*1%
*20
"*
"
5
123A
,:
5,300
12,700
*3/4
9%
-
3%
2%
*y8
*11%
22
%
Common
Checker
30'A
'
60%
595/e
85
1
...
Cham Pap & Fib Co 6%
20
500
93%'
3
*%
*12
35/8
1%
;
Chain Belt Co—
7%
:
x293A
*3A
50
1%
3%
*2%
9
15
*65/8
93% '
*1-%
300
1001/4'
*14 >
30%
<
13A
34%
*%
*96
-
-
33/a
5
11%
■'
%
v
<
13
123/4
1%
30
*89%
*%
8
*12
22
*20
3/4
*49
%
11%
12%
1%
3 S/8
29%
93%
*33%
%
3
115/8
7%
4%
36
;
%
%
%
14%
12%
50
sa
99
14%
*6®/8
-
.
3%
;
8%
13
*33%
*%
u5/8:
>■
4%
123A
*49
50
12
99
IV2
*89 5/a
-
*16
14 %
■
295/8
94
99
5
1
3%
30
*89 %
♦%
3%
1
!
No par
Jan
33AFeb
'
'
*97
*6%
110
2
12y2May21
2'AApr 14
—_
»»•
*.
Mar 10
l%.Jan;
L.100
Certain-teed
300-
90
.
No par
—
de Pasco Copper—
2%Feb'l7
1% May 27
preferred—100
Century Ribbon Mills
'
90
28%
253A
243/4
Lt
Central Vloleta Sugar Co
23/4
..
287/a
Foundry
111
tCent RR of New Jersey.—
13'A
*88
29
*1%
1,100
7
*12%
2%
"
28%
13A
1%
94%
ls/a
y?
23/3"
*2
1%
16
94
*88
.
28% ' 29
24%
'
X13
'90-
*88
•
1%
*2
14'A
*2
29
1%
*94
2%
14%
2%
90
29
1%
94%
*2
14%
•
*88
•
•
*l5/a
*94
2VB
*14%
29%
29
-1%
943/4
*1%
143/4
*2
*1%
•
Dec
Dec
Dec
633A
16%
106
30%
Nov
July
Sep
Nov
Jan
114
Mar
20
Jan
1%
Jan
3%
Aug
2%
Sep
213/4
Jan
21
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
2152
.Monday, June 8, 1942
NEW YORK STOCK RECORD
v.-
May 30
June 1
.
$ per share
$ per
$ per share
>
34 Ya
32%
32 Ya
65
6 Ye
26
20%
207/e
26 Ye
Ye
102
*101
4
;y.:4
24%
25%
24 Ye
205/a
20Ye
20-
14.'
23 Ye
20%
20'A
20 3A
1%
16 Va
15%
10
10
79%
89
4%
*73%
91
Ye
12 Ye
4 Ye
?
-
12%
87%
88
'i
%
Ya
Y.
,:'
7%
*7 Ye
*lYe
63/e
'
•
6%
47/8
26 Ya
*843/e
4%
5
26%
25
*84%
13%
.
13%
7Ya
4Ya
13%
89
*85 Ye
95
95
25 Ye
26 Ya
26
267/e
35%
35 Ye
35 Ye
35%
357/8
3 Ya
3 Ya
■.-3 Va
3 Ya
3%
3Ye
20
20 Ye
20%
20 Ya
20 Ye
X20
16
*15%
16 Ya
*16
16 Ya
16
9 Ye
*9
9 Ye
20
*15%
16%
9%
*9
.
*45
29%
48 %
48 Ya
*169
2%
2%
2%
2%
2%
¥a
%
*ft
%
•ft
.%
»
*
.
far
11%
11%-
11%
11%
11 Ye
11 Ya
11%
89 Y2
89 Ye
89 Y2
89 y2
89
89
13 Ye
13 Ye
13 Ye
10 Ya
10 Ya
*10 Ye
10%
10%
lOYa
*103/a
lOYa
*77
77 Ya
%
65
11%
11%
lOYa
11%
55/a
55/a
*5 Ye
♦128 Ye
24 Ye
25
25 Ya
*
64 Ya
64 Ya
64 Ya
65%
65
11 Ya
*10 Ye
11%
6Ya
6%
5%
*80
16 Y
*15 Ye
*90
v
93
*93
ft
15
£rU-
%
*14%
20%
20
20%
95
56
•52
-56
yy:>';
13%
56
56
13%
*12%
79
Jan
109 3/e
Nov
21 Ye
Dec
40%
Jan
5
Jan
Ye-Aug
6%
Feb
10
Jan
7
35 Ye
Feb
45Ye
Sep
3% Jan
16
2%
Dec
4 Ye
Jan
8% Jan 15
29
Sep
Jan
Jan
663/e
Sep
28 Ya
Dec
52%
Jan
24
"
33% Jan 26
253/a Apr 24
20
55% Jan
42Ye Apr 17
Apr 17
2 Ya May 22
9
Jan
Apr
X54
Mar
182%
Jan
Dec
47/a
Jan
ft Dec
Ya
Jan
11
Dec
19 Ya
Jan
88
Dec
42 Ye
24
3Ya Jan
5
174
159
9,900
20Ya
2,500
Class
170
2Ya
Dec
3 Ya
16 Ya
100
9%
*9%
9%
300
Davison
105 Ya
105 Ya
105 Ya
105 Ya
•105
106 Ya
'105 Ye
180
Dayton Pow & Lt 4Ya%
preferred
Chemical
6 Ye
6Ya
6%
6Ya
6Ya
4,200
Decca Records
2 2 Ye
22 Ye
22 Ye
2 2 Ye
23
23 Ya
233/a
4,000
Deere
25 Ya
*25%
25 Ya
25 Ya
25Ya
26
26 Ye
600
*10
10%
10%
10%
10 Ya
11
10 Ye
lOYe
200
7%
7Ya
3
2%
6 Ye
6
*10
73/a
7 Ya
3
3
.
•%
•Ye
it
16%
16%
•
20%
*20 Ye
34%
*33 Ye
80
*8 Ya
8%
79%
17
17 Ye
3,300
17 Ya
17 Ye
100
Devoe &
20 Ya
20%
20
20 Ya
20%
400
Diamond
34%
35
35
300
,
*34
8%
*8%
*34%
35
35
35
♦20 Ye
20 Ya
20 Ya
20%
20
lOYe
lOYe
10 Ya
11 Ye
11 Ye
54 Ye
*53%
Ya,
8%
*34 Ya
35
11 Ye i:
54%
533/e
8%
"lO
20 Ya
12 Ye
12,100
Inc
pfd
56%
1,600
2,200
Dow Chemical Co—
103
104
13 Ya
*13
14
4 Ye
4%
4%
*37/e
4 Ye
9%
9Ya
9%
9%
9%
9%
•9%
*117 Ye
119 Ya
*117 Ye
119%
*117%
119%
*117 Ya
1077/a
108 Ye
-107Ye
111%
llOYe
113%
112%
114
yy 10,900
♦122 Ye
123%
122 Ya
122 Ye
122
122 Ye
123
123
600
•116 A 116%
*116
116%
116
116
120
Duquesne Light 6%
2,900
Eastern Airlines Inc
107 Ya
108 Ye
*122 Ye
123 Ya
♦115%
♦4
116 Ya
:
V
A
•3%
14
13 Ya
Dunhill
400
.
Mfg Co
Du P de Nem
23
23
23A
.120%
176
~
2Ya
120 Ya
:
176 Y
26%
*2%
119
26%
*172
263A
22%
23%
2Ye
120
120%
•172
116
116
♦172 Ya
27
23 Ye
22 Ya
-
;
1247/a
176
27 Ye
27
: 12
12%
11 Ye
12 ■;
*11%
12 Ya
263A
26 Ye
26%
263/e
267/a
26 Ya.
11
10%
10%
10 Ya
lOYe
lOYe
1 Ya
1%
1
1
1 Ye
l3/a
1
lYa
1 Ye
1
*1
1
1%
20%
21%
22
x22Ya
is Ye
18'A
18 Ya
18 Ye
18%
20
x20Ye
20 Ye
31 Ya
32
32
32
32 Ye
20%
20%
*20 Ya
22
22
*20Ya
43%
*41
42 Ya
*42%
45
317/a
*
110
lYa
109 %
1%
*46 3/e
31Ya
*20%
42
110
110
42
110
1%
1%
*46%
49
*50
53
*50
60
*54
47 Ye
53
*54
60
%
For footnotes see page 2159.
♦ft
49
50%
*54
%
;
,
1%
47 Ye
50%
58
ft
*110
-
ft
lYa
48-
1 Ye
2
11 Ye
Jan
8
110
8% Jan
27
UYa Feb
20
9%
10 Ye Jan
28
27
% 4%
Jan
Jan
16Y2Mar
23 Ye
Dec
20 Ye
19
21
Dec
29 7/a
Jan
12
33
Deo
41
Jan
Apr
10 Ye
Jan
9
Feb
26
12Ya May
17
65
Feb
13
7
36
Jan
12
21
70% Jan
Feb
3
3
12Ye
79
:
2 Ye
Jan
1413/e
Jun
6%
Dec
Jan
23 Ye
Dec
Jan
8
Aug
2
136 Ye
Deo
164%
7
120 Ye
Feb
127
Dec
116% May 26
111 Ye
July
118
May
34
Jan
16% Apr 17
Jan;
27 Ya Jan
13
Apr 24
141,
Jan
Jan
5 Ye
145%
Sep
160
Apr
182%
Jan
j
Dec
36Ye
Jan
Feb
17Ye
Sep
17%
Dec
33 Ya
Jan
10
7
Mar 28
176
Jan
13 "
6
May
Jan
14 Ya
108
Jan
117
Dec
Dec
17Ya
Jan
Ye
Aug
lYe
170
31 Ya Jan
.
10 Ye July
Dec
120 Ye May
100
May 16
>
24
3
3 Ya Jan
•
2
No par
26
Dec
ylllYa Sep
105
——1
-
Jan
17% July
1
100
4
Oct
23 Ya
Dec
3
144
Manufacturing Co
37 Ya
9% Feb
126 Ya Jan
2% Jan
Dec
4% Jun
120
Apr 24
HlY2Marl4
5
Nov
II6Y2 May 26
26
102% May 20
•
No par
Jan
18%
59 Ye
6
15% Jan
Jan
May
x9%
;v"
Sep
May
«
17
21
18 Ye
Apr
86
Dec
32 3/e
29
124% Jan.
8
112
ioo
Jan
Jan
13 Ya Jan
28
8
6 Ye
9Ya Feb
9
23/4 Apr
Ye Aug
Sep
Dec
12 Ye
79% Apr
Apr 29
13 Ya Mar
;_i
Aug
16 »/
i%
xl8
32 Ye Jan
par
Jan
July
6 Ye
7
95
Apr
8
14
Feb
27
2
i6Ya Apr 23
8
Apr 14
51
May 21
par
Dec
2%
Jan
18
par
6
Sep
Aug
38% Jan
5
Jan
18Ye
27% Jan
7
70
30Ya
Dec
% Jan 27
8Ya Apr 17
par
28%
18% Feb
27
Apr
14
Feb
2
Sep
Oct
Jan
5
Jan
29
5
114
109% July
Sep
27
21
.
Jan
1
3
10% Jun
2
13 Ya Jan
Vo Feb
16
1% Jun
Ye
Jan
% Jan
2
1% Jan
8
Ye
Deo
4Ye
Jan
35 Ye Jan
23
27 Ya
Feb
39 Ye
Nov
32% Jan 23
23 Ya
Feb
36 Ye
NOV
600
45%
111%
120
•
/
1.400
1,000
1,400
shares
Electric Power & Light
$7 preferred
2,600
,
(The).
Elec & Mus Ind Am
2,000
'
100
•
No par
17% Apr 27
15*
Apr 23
No par
29
Jan
2
Paso Natural Gas
3
19% Apr
24
El
Endicott Johnson Corp
5% preferred
Engineers
Public
48
*47%
48 Ya
200
51%
51%
400
Service
$5 preferred
51
$5 Ya preferred
$6 preferred
1,100
No par
No par
58
/ 58
.
15
XUYa May 28
$6 preferred
Elec Storage Battery
'
51
ft
18
Apr
Boat
200
s
Dec
6 Ye
Electric
20%
"
14 Ya
19
24%
Jan
5 Ye
Dec
6
11 Ya Jan
16 Ya May
4'
5 •'»
2 '
32 Ye
ft
2%
3% Jan 10
4
July
27 Ye Jun
20%
*5.4
20
2
32 Ye
%
47% Mar
Dec
9
preferred
*54
♦ft
Feb
14 Y*
20% Jan
21
2
42 Ya
5
323/e
2
3
14
2
20Ya-:
1%
Jun
17% Jan
Auto-Lite
23%'
*43%
56
1,100
1%
*110
Aug
Electric
20
111%'
Jan
90
i
Edison Bros Stores Inc__
400,
.
22
f
Eaton
•
29 Ya
Dec
18
Apr 28
33 Ye Apr 24
1st pfd
Sep
Dec
80
A Jan 23
par
20
Jan
34% Feb
10 Ye
Dec
24
18 Ya Jan
(E I) & Co
Jan
12
2% May 21
No par
preferred
cum
25 Ya Jan
Dec
45
'Deo
6%
Jan
lYe
4,800
-
11 Ye
*1
23
1,600
6%
10
6
21
No
Rolling Mills
Eastman Kodak (N J)
'
9
9Ya Jan
5
Eastern
1,800
'
27 Ye
1%
1 v.
207/a
12 Ye-
267/s
*11
•
300
27 Ye
12 Ye
A
•
176
27
27 Ye
20 Ya
124 Ye
*171
12
20 3A
2 Ya
124
27%
11
22 Ya
2Ya
2 Ye
*121
*171
176
22 Ya
23 Ya
2 Ye
2 Ye
119 Ya
18% Jan
2
'
$4.50
Dec
14Ye Apr
International
Duplan Corp
8% preferred
119%
*117 Ya
•;
Dresser
1,200
10
*9 Ya
119%
300
4%
*37/a
4%
10
A-y,;
69
Apr 30
7
No par
No par
Douglas Aircraft
110%
102 Ye
13%
25
Dec
13 Ye
No par
543/e
102 Ya
16% Jan
Dec
4
No par
Casting Co
Dee
12 Ya
98
4
26
Sep
86
100
Dome Mines Ltd
Dec
Dec
14
No
Sep
77
18 Ye Mar 27
9% Apr 25
25
A
■
.
127%
Jan 19
100
No
8
14
8%
Feb
%
Ya Apr
No par
No
13 Ya
*
Jan
Feb
'
18% Apr 29
50
Co
54 3/e
14 A:
Nov
3 Ya
25% May
100
Corp-Seagr's Ltd
109%
54%
13 Ye
lYa May
41% Feb
102
Mar 16
47/a Apr 16
—10
preferred
102 Ya
107
14
No
13 Ya
13 Ya
Jan
Jan 17
12Ye May 29
20
54 Ye
106
98%
7
44
1
101 Ya
*
Dec
Feb
19% May 20
No par
Match
Doehler Die
73%
83
80
100
pref with warrants
Class
1,600
11%
11%
pfd
Raynolds A
Dixie-Vortex
20 Ye
20 Ye
20 Ya
12
Distil
2
2
7
Diamond T Motor Car Co,.
5%
35
*34 Ya
35
20%
600
1,200
Ye Jan
72
13
20
partic
47
13 Ye Jan
17
tDenv & R G West 6%
6%
Dec
3
8Ye Apr
Detroit Edison
79
?'7i. *8 Ya
8%
*8%
8%
17%
*77Ya
79
200
17%
8%
8%
17%
17%
*77 Ya
79
Ya
35
*8%
17%
*77%
Ye
%
%
28
27
100
Delaware Lack & Western
17
3
Jan
12%
57/a
Delaware & Hudson
17
Oct
Jan
Jun
27/a Apr
1,400
17
94
9
15 Y2 Jan
2,300
16 Ye
'
Dec
140
5
f
Ya
8%
8%
54
7Ya
3
17
17
17
17
*77%
-
7%
3
>•
16%
8 Ye
8 Ye
8%
17 Ya
*77%
-:3
34%
34 Ye
*167/e
73/a
;
20 Ya
20%
*33Ye
Ye
80
79 Ye Jan
3
25
(The)—,1
Delsel-Wemmer-Gllbert
*%
*15 Ye
17
*20
7
Co.
& Co————
163/a
16%
*15 Ya
7Ya
Jan
15
16
13%
Preferred
3
•Ye
a
n
16 Ya
17
•10
3
:
6 Ye
Jan
15%
13 Ye Jan
Davega Stores Corp—
3 Ye
16 Ya
9Ya
25%
Jan
45%
Dec
98
200
3 Ye
18 Ya
22 Ya
27 Ye
Dec
10
16% Jun
No par
22%
Dec
38%
74Ya Jan
No par
26%
15
8
Jan
par
July
5
36
May 23
5YaMay21
120
Jan
9 4
20
Mar 14
pfd
19
88 Ya Jan
10
1
*9
6%
64 Ya Jun
•
107 -Jan
Jan
19% Feb
77
May 19
23Ye May 20
.
>
11 Ya Jan
Feb 18
Jan
2
May 19
May 2
May 29
preferted
22%
41
8Ye May 29
Cutler-Hammer Inc
*25 Ya
4% Jan
1
5% May
No par
*15
107
Mar 17
8
32
1
5%
10% Dee
13
A
Conv
12
' 90
:
$8
5
14 Ya Jan
2
6
95 Ya Jan
17
Jan
—100
No par
400
13
14
14Ye May 9
Mar 27
10
Apr 27
.
100
100
,,100
"l6
*12 Ye
12 Ya Jan
;
% Feb 11
8
May 20
89
5
No
9Ys
-•
2
(The)—
3 Ya
*2 Ye
10% Apr
No par
Cushman's Sons Inc 1%
95
13 Apr
No par
Preferred
17 Ya
Ye Dec
Dec
Prior preferred
Curtiss-Wrlght
1,000
6 Ye
*52
13
'
140
*9Ya
♦1%
2
5
*2%
110
15
48
—30
*14 Ye
*41
3% Jan
July
30
preferred
9 Ye
ll/a
29
:
16% July
Dec
■
51 Ya Jan
Inc
Press
%
Curtis Pub Co
2,500
-
4 Ya
•
3 Ye
1
11
Mar 13
preferred——100
conv
Cuneo
20 Ye
95
*84
"
5Ya%
17 Ya
*10Y2
3
Apr 23
45
100
*9 Ye
26 3A
13% Jan
Nov
Preferred
:
*2%
26%
17
106Ye
18Ye
preferred—
Sugar
*14Ya
♦12
2
Dec
23%
preferred
conv
3 Ye
,
30
Dec
93
27%
(The)
17 y2
.
•
14
15
Dec
100
*2%
♦2%
7 Ye July
Feb
Mar 26
96% Jan
31
Apr
,25
Cudahy Packing. Co
14 Ye
*84
*52
*13
13%
13%
23
21
9Ye
50
*14%
'O* 93A
v
2 Ya
5% Mar 26
7
Jan
Jan
17% Feb
Cuban-American
50
6 Ye
20 Ye
•84
15
14
6%
95
*8 Ye
0% Nov
15%
No par
400
?
Ji
■
15
*84
.*34 Ye
Ye Feb
5
No par
700
16 Ye
93
»
u
•14%
U
6
6 Ya
95
*8%
13
3
preferred———No par
Cuba RR 6%
10
9%
9 Ye
5%
;
620
83Ye
93 "
14%
Ya
137 Ya
*15
16%
X15
16
6
Y
20%
20%
20%
*14%
6 Ye
6
*51%
;
8% Jan
2
July
16
Crucible Steel of Amer
1,800
600*
250
*80
93
ii
yy!4Y-.;
14 Ye :
14%
15
15
Y-:
6%
'
May 13
6 Ya May
8
Jan
Zellerbach Corp..
$5 conv
7,100
•
137 Ya
9%
16 Ya
*90
ft
11
14%
'
9%
93/e
Y
6 Ye
6%
83%
•84
.17
3 Ya
Dec
Jan
12 Ya Jan
preferred,,
conv
Crown
1,100
11 Ya
*10
140
*80
93..
'
%
138 Ya
16
15%
16
93
■
83 Ya
9%
9 Ye
*15 Ye
♦
6%
140
136
83 Ya
9Ve
93/a
*10
136
*78
80
•
•77
$2.25
40
26
5%
138 Ya
77%
24%
64%
68
65
7%
Dec
5
1
Cream of Wheat Corp
200
77
77
24 Y2
24%
J* 3
1 Ye
29
9
19Ya Jan
Crown Cork & Seal
38
*6
Dec
30
6Ve Jan
29
Crosley Corp (The)
*36Ya
106
11
7
2 Ye Jan
29
preferred
conv
1,100
18Ya
36 Ya
y,
5%
18 Ye
7 y.
18%
36 Ya
77
105 y2
1 Ye July
Ye Dec
3
25
100
*6 Ye
67 3A
*
Jan
July
8 Ye Apr
Co
6Ya
-18%
15
Crane
13Ya
7*.:y
77
13 -:Y
Jan
1073/e
15 Ya Apr
1
*6 Ye
18 Ye
24 Ye
20
23%
Dec
17
Corp
13Ya
36 y2
6%
Dec
14
77
100
13Ya
36%
25%
15 -V":
Dec
-No par
Refining.
13 Ya
13 Ye
17%
%>:
4 Ye
113A
;
x82
.——5
__
series
700
*6 Ye
77
•14 Ya
Products
Jan
8 Ya
—I—-5
Del
Co
Preferred
210
6 Ye
9Ya
Corn
103
Apr
2% Apr
Corn Exch Bank Trust Co
4,800
36 y2
90 i "
•
.
•
May
7
43/e Jan
$2.50
Inc
17Ya
80
of
pref 5%
Internat
6%
*135
A Jan
90
4
6% Jan
100
Oil
Coty
*35 Ye
25
Jan
Dec
1% Jan
Inc
Steel
Coty
*17%
•76
Jan
77
16
4 Ye
Motors
200
36%
10
157/a
97Ye
42
Ya
A
17 y2
-io%
v
»
■:-7vv
*6 Ye
Dec
30Ye Apr 28
210
89 Ye
13 Ye
17
Dec
9 Ye
113A Feb 28
16
Insurance
700
*llYe
11%
*353A
23 Ye
27% Jan 20
2Ya
*2%
2%
Dec
103% Jan 28
Conv
2,400
169
169
18 Ye
'
90
13%
2 Ye
493/e
49
49
172 Y2
21% Mar 25
Apr 28
Copperweld
700
89 Ye
11 Va
■
48 Ye
48%
30 Ye
30 Ye
18% Aug
Feb
7
;
25
Continental Steel Corp
100
Ye
45
Dec
21% Apr 29
67/a May 29
-
Jan
13%
Can
Continental
800
Jan
7
.—20
Continental Diamond Fibre ..—2-5
300
4
2Ye Nov
Jan
13
Continental
5,500
,
9
30 Ye
.20'
6
}g
33/e Jan
Jan
2 Yi Apr
17
HYe July
Dec
,
16% Jan
14
No par
Continental
Dec
Jan
65 Ya July
94
Continental Bak Co
4,400
Jan
Dec
3
Feb
3 Ye
Oct
37 Ye
110
Dec
Dec
25
May
Continental
104%
Dec
;
7Ya
'
14
12
900
Dec
19 Ye
Ye
7% Jan
2,500
20%
96
39 Ya
3
100
preferred
Mar
\
6
97% Feb
No par
25
6%
Aug
31
44% Jan
Apr 20
22
,
Oct
28 Ya
Dec
100
24
82
900
7%
Apr
8
Feb
par
No
pfd
Jan
10
4'/a Jun
5
:
hi Jan
ll3/e Apr
,
83
Apr
July
9 Ye Jan
2
4
89
"
•
16 Y«
5
.79
Apr
9
.■ fft Mar 27
No par
6%
Feb
72
21%
7
Apr 25
83
par
preferred
conv
1,000
8%
9 Ye
No par
1
Corp
Cuba
27% Jun
May 20
75
5
No
100
103YaMar
23% Jan
100
4,600
3 Ye
30 Ye
5%
7 Ye
45 Ye
Oil
of
357/e
35 Ye
46 Ye
30
169
169
168
2%
90
26
Consumers Pow $4.50 pfd
Container Corp of America
267/e
*6%
7
:
•45
46 Ya
29 Ye
30
168
168
7
•9
46%
48 Ye
48%
48%
168
■■
9
.
y2
29
29 3A
29 3A
-
*45
48
*45
y;9'
•/.
Feb
2
1,800
100
26 Ya
*67/e
200
2%
97 %
25 Ya y
'
fj;
.
20
19%
*16-
2Ya
2%
23/e
N
Consolidation Coal Co
1,000
1
13
*6%
3%
3
2Ya
!'
2%
of
$2 partic preferred
Laundries Corp,.:
Consol RR
89
13
13%
13
5
;
•25%
Y_
Consolidated
500
27
5
5Ya
357/a
36
29
Jan
82 Ye
•
4'A May
5
100
preferred
Consol
6,600
6%
.
27
*85 Ye
89
•6
prior
Corp
*
700
2
5
95%
'
:'''y7y>
7
35%
22'/a Jun
100
$5 preferred
>
Consol Film Industries—^
100
-7%
94
24 Ye
25
2
Mar 19
15
No par
Consol Edison
600
Y2
95
*90
95%
24 Ya
2%
2 3/e
2%
*23/e
27
)7% Apr 29
.1 Ye Jun.
3
12% Apr 22
1
Consol Coppermines
4,800
%
'
*90.
8
23 Ya Jun
par
1
63A Mar 21
2
Jan
A Jan
4 Ye
;
Dec
7% May 12 ;
No par
J,
64
Jan 29
72.
100% Mar 17
25
Co
No
preferred—
6Ya %
.
22,500
*13A
6%
*25
4%
89
*7%
•y
2
5
5
13
*
/.Ya
■
7%
160
133/a
13 Ya
^S^%
,
Edison
Consolidated Cigar—;
20;
88
,
4Ya
4%
*6 Ye
25 Y
*85 Ye
87%
13%
Y:
87 Ya
*13 Ye
88
.
4% yr 5:.'y
4%
6%
YY
*24%
5
5
*24 Ye
90Ya
7Ya
'Y
500
10%
78 Ya'
*l3/e
4 Ye
6%
6 Ya
7 Ye
2
3,700
10%
Ya
7 Ye
16%
Congoleum-Nairn Inc
Consol Aircraft Corp
*76%
*
47/e
47/a
'
16%
13 Ye
*1%
Conde Nast Pub Inc
700
10%
4%
%
600
78%
89
Ye
7,000
23A'
14 %v
21 Ya
.
16%
Ye
*
21 Ya
*2
14
2Ya
14%
12 Ye
2
47/e
4 Ye
*63/e
Commonwealth
A-
:■. ;
»•
213/a
;
88
7Ya
2
73/e
*.1%
7,100
25
25 Ya
12 Ye
Y/y
Ye
%
26 7/e
Commonwealth & Southern—No par
$6 preferred series
No par
89 7/e
'
*
No par
12,000
*88
4%
;
Commercial Solvents—
5,600
32
Nov
20 Ye Jan
No par
83/e
Dec
42 Ye
91 Ya Apr
No par
;
43%
16 Ye Jan
100
;
$4.25 conv pf ser '35_,
ft
Y
ft
12%
V
preferred—
conv
Comm'l Invest Trust,
8%
V:
8Y2
,*87 Ya
12 Ye
4%,%
Y ''•••.•'.'/•'••i.i.i..
97
*95
Highest
$ per share
Dec
6
7
54
5 Ye Jan
24
10
Credit
Commercial
9,600
1
Jan
.45% Jan
.
Mar 16
51
No par
300
78%
78%
*88
; 4
4%
•;
.
par
$ per share
3
13A Jan
17
Apr 22
Year 1941
,
Lowest
$ per share
28
32 "A Apr
32
par
No
6,800
♦10
89
*73'A
88 Y
123/e
No
Co
preferred
27 Ye
15 s/8
15%
ioy2
i87Y2
Carbon
Pictures—
conv
102 Ye
•14
15%
YY4%
;'v
22 Ye
$2.75
102 Ye
*2
14'/a
•lova
79 Ya
Columbia
100
x
100
100
26%
21
lYe
16 Ya
89
Columbian
1,300
IVb Apr
par
102 Ye
23%
14%
14 >/2
10'A
89
No
preferred series A
preferred
,
267/e
x8Ye
24 Ye
16'A
♦75:-'
5 %
■
,
Ya
6
28 Ye*
21%
ft
10 Ye
I:
:
8 Ye
ft
; 2
14'A
14
•
•
6%
190
Range for Previous
1
Lots
Highest
$ per share
Par I
Columbia Gas & Elec
1,600
200
>70
6 Ye
*27 v\
97
102
102
8 Ye
v
24%
2
2Ya
Ya
*1
'V
ft Y
Y
ft
32
*65
21%
26%
26 Ya
*101
Y,
8
8
ft
"
26%
'
102
^*101
-
8
8
•;
6 Ye
*94
95%
*94
95%
26
•
26
26 Ya
:
33
28 Ye
20%
21
20%
35
32
;
,
70
*
6 Ye
*26
26 Ya
,Y ;
100-Share
'
*94
97
*94
*65
6 Ye
.
33
of
Lowest
-f E-y/gf
9,300
■
34%
34 Ye
*32
-1 Ye
1 Ye
l.Ye
34
Y
65
*6Ye
.
*25
26
21
20 Ye
33
65
67
6 Y8
63/a
1%
33
32
Y
26 Ya
*26;
33
33
*63
65
,
Ya
*6
lYe
34%
*31 Ye
1 Ye
lYe
1%
33
lYe
1 Ya
34 Ye
share
Shares
Basis
On
STOCK
YORK
EXCHANGE
the Week
S per share
$ per share
$ per share
NEW
Sales for
,
June 5
June 4
June 3
June %
Friday
Thursday
Tuesday
•:
.
Range Since January
STOCKS
HIGH SALE PRICES
Wednesday
:
AND
LOW
\
Monday
Saturday
Equitable Office Bldg
'
Dec
18
21 Ye
Dec
33
Mar
16
39 Ya
Feb
47 Ya
11
107%
Nov
113
Oct
5
Jan 30
8
2%
Dec
7
Jan
49
50
100
39% Apr 27
107% Feb 16
111 Ya Apr
1
1% Apr 11
3 '
3% Jan
40
Apr 28
~
6C
No par
No par
46% Apr
30
73
No par
47% Apr 25
83
No par
3*a
Feb 21
34 Ya Aug
26 Ya
263/a Feb
32 Ya Mar
"
Jan
It
Ye Jan
5
64%
Dec
July
80 Ye
Sep
Apr
Dec
83 Ya July
74 Ye
Dec
89% July
ft
Nov
Ya Jan
*69 v
A
'
THE COMMERCIAL & FINANCIAL CHRONICLE
Volume 155 "Number 4079
NEW YORK STOCK
RECORD
stocks
LOW AND HIGH SALE PRICES
Saturday
May 30
.Tuesday
June 3
June L
June 4
exchange
the Weeic
June 5
Range Since January 1
new york stock
Sales for
Friday
Thursday
Wednesday
June i
Monday
,
2153
•
on
-
Range for Previous
Basis of- 100-Share Lots
Lowest
;■
;
Year 1941
Lowest
Highest
Highest
"
$ per share
$ per share
■5
:'M
--
5
;
,
34 %
5V*
5
4%
5
4%
' ;5%
4%
47/s
4%
4%
33'/a
33%
"33%
33%
78
*64
78
5\
35%
*50
5
5%
5 Va
'
78
*
32%
33%
*50
v
*64
78
4%
47/a
34.
333/4
"v
xx;;
5
5 -
*2%'
2%
2%
*4%
4%
*4%
*2%
2%
4 Va
'
*21%
$ per share
benef
Ctfs of
9,900
7% Jan
20
AVa
$ per
Dec
No par
;
4
3% Jan
2
6% Mar 10
2%
Dec
100
int
4% Jun
32% Jun
2
44
1% Jan
2
~2% Mar" 11
5% pref series a
;
2,200
2%
,X
900
Eureka
4%
"
400
Evans
78 - / 'X
*64
No par
tErie rr common..
3,600
4%
2%
*2Ya
Erie & Pitts rr Co
—
'
*4Ya
$ per share
*22
23%
share
30%
Dec
75
Feb
75
27
Aug
7Ya Aug
42 Ya Nov
Jan
___50
-
10
'
2,/b
l7/a
$ per share
Par
Shares
'
'•
5V»
$ per share
$ per share
$ per share
$ per share
23
22%
*%
1
•
*%
1
1
■•4Ya'
"
*22 Va
23%
*22
23%
:
Vff
4%
4%"
Products
Ex-Cell-o
100
22%
,
5
„5
Co__—
4% Apr 24 '
20
_3
Corp—:
Buffet Corp.—
Exchange
..
Cleaner-—
Vacuum
$2.50
53/4 Feb
26
May 20
h Jan 23
Feb
1% Dec
3%
Jan
4
Dec
8%
Jan
21%
Dec
30Ya
Jan
a
Dec
Ya
Jan
24
Mar 24
13 May 28
*x
F
*30%
31%
7%
*74%
80
20-
20
80
*74%
80
20%
*20
20%
*8%
9%
*3%
13%
v;
«77
79
*77
,
80
20
3%
13%
#77
•
400
*
9%
3%
*3%
13%
:
79
—
100
2,000
Federhl Motor Truck
9%
9%
9%
35%
•35%
36%
36%
36%
36%
36%
14%
*6%
14%
*6%
14%
*6%
14%
36
36%
35%
*6%
14%
*5%
15%
15%
15%
15%
90
90%
90%
-15%
15%
15%
90
*90%
15%
•
15%
600
33
500
:*31%
V
n
r-r.
V
11
96
*84%
'
*18
10%
10%
10%
10%
*84%
21
90%
*84%
90%
'
*32%
33%
-
i.
'
?
10;
*9%'
6%
preferred
9%
:
*114 Y2
115%
17
114%
*13%
16 y2
17
>
,
*45
9Y»
9Y4
9%
114%
*1143/4
*16%
*87
89
16%
6
6Y4
*45
32%
17%
*16 Va-
17%
89
16 %
*87
89
*87
89
...
Corp.;
Food
;
60
17%
17%
1
18
3
100
Fruehauf
;
89
5%
Trailer
No par
25
4% Feb
4
2%
Apr
18 Va Jan
7
14%
Dec
27%
Sep
Jan
6
86
Dec
97%
Jan
Jan
19
Mar 12
87
x
x
24Ya Mar
Dec
13
Mar
May
10o
Jan
11
Apr 29
41% Jan
3
u
Feb
19
16%
Feb
7
3
34%
123/4
Dec
•
Sep
Sep
Nov
18%
Jan
105
Jan
•42%
Jan
16%
21% Feb
5
5% Jan
Dec
Dec
-33%
Jan
Dec
25 %
Apr
98
13
11% Jan
30
32y2Jan
5
24
12 Ya Jan
26
9
134% Feb
21
105
Mar
13
45%
17%
-
Jan
20
Jan
16 Ya July
103
Nov
Mar 21
40
•10
31% May
8% Dec
hya Apr
96% Jan
Jan
4y«
Dec
90
39% Feb
•
*
Dec
9
•
14%
Feb
12
•
Jan
26% July
8% Dec
92% Jun
May 14
Mar 27
Jun
5% Jun
Dec
7
Jan
.21
Jfun
-35
Dec
9
Dec
>
3%
•
"
May
13%
32>/a
Dec
20 %
Va
Jan
Sep
Jan
Feb
132
Jan
Feb
9
Deo
46
Jan
17
5
1
May 29
10% Feb
7
"2%
3
45
36
May 27
38% Jan
3
May
32% May
Jan
3
18
94% Jan
27
Apr 29
15% Apr 24
85% Apr 10
100
Dec
8Y4 Dec
Apr 21
16
1
preferred-
conv
2
Apr 28
Jan
45%
Jun
6%
36Ya Mar 19
No par
Co
19%
10
27% Mar 14
9 V* Apr 28
114
May 28
pfd
100
Freeport Sulphur Co—i.—10
1,000
16
10% Feb
93
Deo
16%
Apr 21
May 22
Feb 10
:'
—10
prior preferred--
90
24% Jan
32
5
30.
10
Francisco Sugar Co
f'k'n ^imon & Co Inc 7%
53
32Ya
;
Machinery Corp—
6%
15 :
par
.
$7 conv preferred
1,300
86
x
100
llx
Foster-Wheeler
180
:
10
preferred——
31
18
15
8% Jan
87v2 Apr 27
29% Apr 30
" 9% Jan
2
No par
bFcod Fair Stores Inc
1,600
6 Ya
*87
Steel
conv
600
32%
.
No
37% Jan 16
29% Jan 29
13% Jan
v
par
n<? par
-No par
Co
100
;
16
*45
5%
40
116
6V0
53
*3iy4
53
32%
'
Follansbee
300
..
X
97/a
16
"
(The)—
Florence Stove
-
-
29
115%
*14
*
17%
•
116
6Y8
*31 Ya
'
10
9%
10
No
28
27
23
14
8y«Apr 23
—100
series a—
Stores
Florsheim Shoe class a
3%
*9Ya
9%
16 %
*45
313/4
*87
•
X
500
•
-No par
$4.50 preferred——.
33%
29
6
*16%
B.
17%
x
*14
31%
f
"
32
■
53
*45
53
31%
29
28 Ya
6
*5
6
5%
28 Ya
28Ya
-
National
Flintkote Co
1,900
19%
*33-
10
114 Ya
9Vi
X
9 Ya
r
*9Ya
First
21.
3
33 Ya-
10
;
19%
*18
3Ya
*33
*9Y8
28%
28
18%
21
*3 Va
3%
33'/a
-
115
9%
*3'/a
x
Y4
28%
*28%
••
<;
10:.
*9%
18%
*18
21
*32 Va
*
32 Ya
'32 Ya,
:•
-
18%
18%
*18
3 Y2
*3'/a
3Ya
*3%
•
90%
18%
21
*18
;x
*84%
96
18%
X
10%
11%
.
*84%
18%
*18
'
11
v,
10%
33
*32%
32%
31%
32%
11"%
77
7%
'29%
$2.50
(wm) Sons Co—
Firestone Tire & Rubber—
4
'
32%
Corp
Fidel Phen Fire Ins n y
3,500
92%
32%
Enamel
Filenes
15%'
91%
r;
Dept Stores.—
conv preferred-
Ferro
800
•'82%'
91%
x32 %
92
No par
100
1
300
.
'x
No par
Federated
4
-*8%
:
27% Apr
19% May
6% Apr
x73% May
20
Apr
8
Apr
3% Jan
5
79
9%
9%
2
Federal-Mogul Corp
3%
*77
Federal Min & Smelt Co—
500
14%
■
No par
Co
&
Fajardo Sug Co of Pr Rico20
Federal Light & Traction
15
$6 preferred—
—-—No par
200
20%
>8%
*8%
9%
.
Fairbanks Morse
.600
:
80
20%
-"*3%
13%
79
*74%
;
9%
-13%
3%
'
;
7%
*8%
#77 >
9%
*8%
20Y4
*6%
*74%
13%
79
'
30%
20 Ys
7%
-20
-
9%
r:
3%
13%
.13
30%
20
■J
--*6%
7%
*8%
9%
*3%
3%
13%
*8yi
31%'
20
20
*19%
7
20%
...
*30%
30%
20
•'*6%
'
*74%
;
•
30%
30%
*19%
7%
^
*6
30%,
20%
*19%
28
y
19,
41
July
23% July
99
Aug
Dec
83% Deo
G
•
*1%
1%
*1%
;
;
1%
1%
9%
*9%
19
'*■
19
v
2%
V.: 2%
*6%
7%
'
8%
10
50%
1%
lYa
1%
1,500
9%
*9%
9Yi
400
2%
*2%
*6%
7%
4%
101%
*97
101%
*97
37%
37
37%
•
3%
3%
109%
109%
2%
2%
2%
2%
*27/s
*2% ;
2%
*2%
2%
*2%
2%
2Ya
2%
•
8
*6%
8
*6%
8
*6%
8
*6%
7Ya
i..
74
*69
*69
17%
17%
*121
:
28%
112%
1
>s
*
*72
85
28%
28%
116
*72
;
*72
85
'
29
*73
85
Jan
20
Dec
23
3ya Jan
5
*77,
77% ; 77%.
128
r
*
V* 36% I 36%
*124%
t
•
*17
19
X
'
"
7%
--.
600
; x.:X
26 Y4
.'
4%
-
'
19
*17ya
11%
'
1%
3,600
■i
General
c
200
$4.50
85
—
i—No
Foods Corp-
preferred
$6
■
conv
par
4%
108
%
11%
11%
*11%
11%
>8
Iff
.26''
28
>*15%
: 16
Iff
28
*26
28
*26
16
*15%
16
*15%
preferred series a-No par
>
58%
58%
57%
58%
14%
14%
*14%
14%
57%
*11
12%
*10%
10%
3%
3%
*57%
58
58
58%
*14
14%
14%
14%
53
*52
53
14%
*40%
:x
2: x
•.
XX
2
76" r
2
*74
76
;*%
'
■■
2
69%
69%
69%
16%
16%
16 Vb
79%
79
U
n
4%
y:*4%
4%
#7'
7%
7%
7%
*6%
6%
6%
6%
24%
25 Y»
.25%
25%
5y>
24:
:
.
2%
70%
*V
2%
60
%
8/»
4%
4%
7%;
7%
V/a
6%
6%
6% H
,
*7 :
6%
26
26
—
*24
25
24%
15%
15%
..15.%
15%
21%
20%
20%
20%
20%
20%
22%
23
;
■V
55
11%
•11%-
11%
*10%-
11%
.
>10% : 11 ?
9%:
9%
1%
2 <
'.*57% ; 59%,
;,*9%
:
X
>
6%
600
21
,
;;
■t#
;i8
w
•
*50
55
•
;
'2G%!
20%
^5,400r
23
.23
134
30
30
1-2'
11%
5,200
107/a
*10%
11%
ny8
9%
9%
10%
10%
2%
2
2'/a
2 Ya
61
*9%
2
.
r62
59%
59%
2%
2%
2%
2J/a
19%
20%
18%
19
24%
*22 :
-
.
*10%
Dec
-
157/a
,
2Va21
21
V-
100
1,700
2%
2,100
63%
80
2%
2,800
21
w
div ctfs
73% Feb
97
2
16
Dec
22
Jan
16
118
Dec
130 Ya
Apr
28% Jan
5
24% Dec
35 Ya
Jan
42%
Sep
40% Jan
5
33%
.
Feb
Jan
20
112%
Jan
1% Jan
15
Va
Jan
116
.
102
Jan
83
x Jan
3
131% Feb
38
10
/
Jan
104
.91
3
27%
31
(w t) Co
preferred..
■
par
par
No par
Ore Prop
/Great Northern preferred
Jan
Jan
127% Aug
.
4
4ya
Dec
.7%
105% May
109% May 13
% Jan
3
a
12% Feb
9
x
%
(h l)
100
a Jan
% Nov
% July
16 Va
Apr
25
Dec
14
Dec
29 Ya
Jan
Dec
-11%
Jan
46 */a
Jan
80 Ya
Sep
16
28% May
19% Jan
Mar 11
Dec
24
Aug
22
Jun
112
Dec
Feb
8Ya
79% Jan
10
20
5
Jan
16% Jan
16
13
Dec
Feb
24
102
Mar
110
6%
loya May 28
4
Dec
6
48% Jan
5
34 y8 May
5Ya Jan
20
65% Jan
27
15
17
Feb
4
35
Jan
30
2% Jan
Feb
29
13
18 % Jun
5
,
2y9 May
44
Apr
Mar
Greyhound Corp (The)——No par :
v
5%% conv preferred—
10 :
Grumman Aircraft Corp—
;
r
.
Guantanamo Sugar;
8% preferred——^
Gulf Mobile
3,500
$5
:
& Ohio rr
preferred
_1 /"
—No par
100 :
-No par
-No
par
28
2
30
2
8
2
2•
20
7
2
2
3
25
4
82
70 Ya May
4%
4%
54
;
5
;
2% Jan
9%
Feb
74 Ya
Oct
Dec
17Ya
Sep
Dec
46
Jan
a
2;'
54
Dec
10
•
67
Jan
59
1
Feb
9
Sep
Jan
3ya July
JUn
Dec
1 Ya
Jan
Dec
6%
Jan
12
Dec
13%
Jan
14
5
Dec
-12Y4
Jan
13
28
Dec
•36%
Jan
3
23
Mar
12%
Dec
28% Jan
27
18% Dec
-25y8
25
33% Jan
29 y8 May
12y4 Feb
9% May
:
10Ya Jun
10% Dec
14%. Jan
1% Feb
29
Nov
•
13
Jan
76
Jan
30
4
Jan
24
1% Feb
29ya Jan
24
9
Feb
28% July
28
July
144Ya Aug
Mar
Apr
14
Jan
18%
;
Dec
42
Jan
52
llia Mar
-
19% Jan
135
143
50% May
-..3ya Jan
68y4 Nov
%
2
10
Mar 31
9va May 20
x l5/s May 22
48% Jan 2
2% Jun
3
18
Jun
2
-90
6ya
v
27
>
203/4
Dec
3%
Feb
loy2 Apr 25"
Sep
Jan
21Ya Nov
74% Oct
Jun
25
2
5% Jan
7% Jan
8% Jan
25% Feb
4
Apr 24
91
•
Dec
<
1
b
25
Apr 21
2Ya
Apr
'
17% Apr
22% Apr 28
Dec
Dec
11%
Sep
2% Jan
Deo
80
3
Jan
3
4
Sep
Dec
Dec
11
22
17%-Jun
14 Ya July
60
80% May 20
31
130
(
.
Jan
106% Jan
15vb Jun
20v4Jun
100
1
Co Inc
Jan
16 Ya
Dec
98%, Jun
23y4Mar31
No par
Green
Jan
110% Nov
Nov
107% Jun
.
No par
•
Mar
48
4% Jan
Sep
Apr 23
a* May
2
Jan
74
Apr
13
Jan
56
Jan
loy4 Jan
eoyajan
, %1% Jan
158
Jan
% Jan
4% Jan
6
Mar
;
6
Apr
22% May
No par
Great Western Sugar—
Preferred
Sep
48%
10
5% Jan
3
Nov
132 Ya
Dec
6
127/a Jan
Oct
117% Aug
1% Nov
78% July
125?
Dec
9
3YaJan
13% Mar 30
11
m&y 21
108 '/a May 15
7% Jan 12 ■>
3
Jan
2
x40yaMar31
4
Apr 28
50
May 4
12% Jan
2
37% Jan
2
No par
10
20
Steel—
Sep
4
Mar
127
14% Apr 28
8'% May 27
57 y2 Jun
2
par
par
Jan
90 yf Feb
30 x Jan
23
100
1
—5
Green Bay & West rr—
10%
r,
63%
.
2%
5%
1,400
u%
29%
Granite City
Grant
100
29%
No
No
No
No
Gr Nor Iron
55
,11%
•; v
6%
Dec
par
No par
—
preferred
Grand Union
;
700
134
*50
,:
,
400.
1,600
11%
30
14
% Mar 26
1
1
100
preferred
Graham-Paige Motors—
Granby Consol m s & p_i
800
:
15%
V. lOYa-
-
25
15%
134
-
59%
2%
'
23
134
55
27
*24 r :
-
500
(b f)
Gotham Hosiery—
600
6%
•
11.1/4
•
9%
2'
*58
2%-
2%
20
2
•
'
29%
30%
30
.by,
.*50
23
23
134
*132%
134
*50
11%
•
*22%
22 Ya
*132
55
30%
r-
i
7%
V
Goodrich Co
5%
2,700
.4%
20%
134
6Ya Jan
121%
101
50
(Adolf)
.'Goodyear Tire & Rubb
$5 conv preferred
40
%
24%
15%
£..■
30
.
•
,65
•27
15%
-x
X
200
7%
■'
27
*26%
.
24
•50
600
",.4%
.
'
15%
*22%
7,600
:
2%^
*60
Gobel
1.400
17%
79%
:
*2%
60
7,800
70%
16%
79:
*2y4
4%
,-S': 4%
preferred
Dec
6
par
No par
Gold & Stock Telegraph Co.
20
18%
70%
16% ,V
78%
:%
i.
I*:.
conv
2
20
a Jan
2
10% Apr 27
No par
(The)
28
Jan
Jun
No par
Goebel Brewing Co
1,500
85
-
16%
23%
134:
2
18
15%
W_
2
*76
18
23%
.21
4% %
(
78%
65
100
Co
Jan
9% Jan
Jan 16.
—No par
No par
$6 preferred
Glidden
Mar
3
10% Mar 11
100
-5
Gimbel Brothers
5
%
*4%
'.-!%' '•
43
.
76
70%
.
2%
*60
..
17%
79
65
*40
•
%
,
76
16%
79%
2%
$5
Safety Razor
conv preferred
5
'
A
*2
70%
16%
y
x
15
2%
79%.
y
900
41
16%
*60
600
4%
41
%
79%
'
48%
Gillette
July
Dec
126
x 4
No par
Co
144
2%
115
Dec
105
20
preferred.
7Yi Jan
Deo
15
28%
preferred—No par
General Tire & Rubber
200
68% ; 69%
X/ 65
48%
-4%
-.
1,100
18
*60
2,400
14%
85
*76
2%
1,100
37/a
56%
17%
2%
6 %
14%
17%
2%
12%
Dec
20
4
1
Telephone Corp
Gen Time Instru Corp
3%
Jan
Jun
No par
General
56%
17%
*2%
400
,
Gen Steel Cast $6
Jan
38
1
No
Sep
55
2
.
Oct
104
Dec
3% Jan
16 ?
.
100
General Shoe Corp
160
.
14%
17%
17%
;
56%
*53
No
6%
j General Refractories—
14%
.
*2
.
76
y
Railway Signal
par
Jan
10c
600
42
*40%
.
Gen
108%
-
Service
200
14 '
56%
14
42
*%
*%
4%
par
-No
Public
30
par
preferred
3,800
,uo 'i; 10
48%
4%
——No
x Apr
;
par
No
Gen
•.
37/8
..
37/a
48%
4%
*52
:
*11
.
..
3%
48
4%
10.
a
preferred
Gen Realty & Utilities
$6 pref opt div series
9
*103
12%
108,%
97/a.
.
3%
47%
4%
14
41%
*40
3%
47%
53
SV
14%
14%
3%
4%
;
*10%
*103
9% -y 9%
,.
47%
4%
4%
12%
108%
*103
10%:
*3%
47
47
108%
,10%:
4.
*10%
12%
»
*103
108 %
10
Xl4
—
15%
9
No
Outdoor Adv
Gen
$6
28
8%
57%
■
16
15%
,
..
preferred
122
5Ya
Jun
39 ya
16
4% Jan
Mar
8
Apr
101
122
Apr 10
16% Apr 20
l3/# May 13
10
.-gea^Precision Equip Corp-——*
; General Printing
ink_^
—1
50
9
8%
*103
16
..
100 ?
Common
300
*8%
$5
-
20
a
*26
28
...
4
5
16
119
% May 13
61
Mar 25
64 ye Apr 29
No par
li-
preferred.;
700
1,100
11%
32
5%
-
107%
14
8%
.
Va
-
107
iff
iff
*15
-
A
15
Jan
46% Feb
104
17
#23% Apr 24
111% Apr 29
*
No par
General Motors Corp
;
Xx
9
*26
v.
'
109
ft
ft
Iff
8%
8%
*107
5% Jan
Apr
21Va Apr 28
200
;;
X.
108
11%
11%
11%
110
8%
-
*
%
11%
*11%
n
12
■
n 4%
*105
?
700
X
2 x;
*4
4%
105
10
:
19
12
12
4
105
%
■
*107
»
12
4%
•a
110
*107
110
2
108
*105
53 Ya May
par
No par
General Mills—
400
•
38,600
124 Ya
*18
2
12
*4%
*
;
19
*1%
v
x
38
124%
124%
12% July
Jan
72
May 20
16% Apr 25
120
Apr 29
par
—.—no par
:
Gen Gas & Electric a
6,600
128:
37%
38
Dec
47%
100
preferred
General Electric Co
X
79 Ya
126 Ya
*17%
X.
0.
2y8
*11%
11%
4%'
.
•105
19
*1%
2%
%
•107
124%
124%
♦
v
* a
■?
4
4%
108
124%
125
*1%
11%
x
!
37%
8ya
22
13
3% Apr 25
Mar 11
100
:
No
X
1
*73
preferred
cum
17,200
.
•29
*76 Y2
♦
20
52y2 Jan
36
—5
General Cigar Inc
i
112%
7/s
77%
10% Feb
Feb
2% Apr 16
6% Apr 15
287/a
127
.
37%
*17
•
127
128 X;
36%
36%
125
X
2%
*11%
*105
*126%
•
77%
77
77
:128 •
36%
125%
*1%
<
79%
v
*126
f
Apr
98
•
V'
:< *126 "
Dec
6
General Cable Corp——No par
Class a
No par
"».X
Sep
5% Mar
2%
:
/.
Sep
1
^5
No
Jun
Nov
5
51
No par
Baking
preferred
$8
2Ya
7% Apr
No par
Transportation
15
2%
Dec
6% Apr 22
8 % Apr 17
50
General
'
85
21
200
124 Xr.
112 Y2
12
17
May 1
2% Mar 17
par
3% Jan
2
106
Apr 28
••
2% May 21
25%
v
%
12
5
I8Y4
*121
*111%.,112.X
U
%
'
Apr
General Bronze Corp
187/a
28 %
29
112
112
i
7%
;
73 Ya
26%
Apr
3
30
*
25%
25%
1%
Jan
500
*69
124
1%
3
11
3
18%
*121
Amer
2
2% Jan
4
112
*110
73%
,X
18%
124
25%
29
*111%
J -
*69
73%
18%
*121
;
25%
?':■
1%
-
*17%
124
25 VA
28%
*111%
*
*70 :
-
18'/a
*121
25 Ya'
■
73%
18%
'
124
25
2,400
3%
Gen
2% Feb
18
10
preferred
conv
6
1% Apr
8% Apr
par
:_1
$6 preferred
3%
3%
No
Gen Amer Investors
1,200
2%
*6%
'
300
37%
*108%
2%
'
r
3%
(The)
Wood Industries Inc__
5%.%
101 y2
2%
110
Co
preferred
Gaylord Container Corp
'
3%
3%
*108
3
No
5%
400
4
*37/a
37%
37%
Gar
■
50%
*97
101%
37%
37
Gamewell
———
cl a
(Robert)
preferred
1% Jan
1
20
(The)
Inc
Co
6%
1,100
10
*8%
4
3%
*97
101%
t
f
109%
3%
109%
••
*3%
3%
3%
7%
2%
3%
*107%
*2%
f'
'
4
37
37
27/a
*49 y4
50%
*49%
Gair
250
2%
-
.
9
9
9
50%
*A9Va
50%
18
*6%
2%
7%
*
*97
*16
2%
*3%
•
18
*17%
19
*8%
9
'*49%
1%
*9%
*6%
2%
7%
*9
Gabriel Co
1%
•:
2%
*49%
lYa
9%
19
19%
*6%
•
*1%
*1%
9%
18%
1%
*9%
1%
9%
v.;
*1%
1%
*1%
1%
*1%
54
Dec
36Ya Sep
.14% Sep
11% Apr
Sep
: .3 Y* July
.
■X18 Ya
.55
X
.
Dec
4y4 Aug
23%
.
Dec
-v; '
H
r
*22
24%: xj;t*.22 : :
*321
33
y
10%
>
:
*8%
f
10%
-
vv.*95
For footnotes see page
9%.
98%
2159.
x :.
'
Av
,",.u
:-r"
-
*32%
lO
*9* £
*95?:
33
33t
33
10%
24%
'
9% ..f
98% 7
*22
.
*8%
-
9%
98%
33
y
xlo.%
,
i
.
*9„»
*95
*22
24%
...
*32.
.
10%
*10
*95
.
>
.
.;
9%
98%
.....
*8%c.
*95
Hackensack
33
.
10%
10%
•••
*32
24%
'
x
40
11
700
9%
98%
7%
Hall
-25
Water
preferred class a_
Printing Co_
19% May 21
.25
.10
29
Hamilton Watch Co.-———No par«
'
6%
preferred-
:
100
Apr 11
8% Mar 16
25
Feb
Jan
33
5
Jun
5
8% May it
10%-Feb
6
Mar 11
106% Feb
7
95
23% Dec
11
33
11
Feb
33
Jan
-38
Mar
-
8% Dec
»
-16% Jan
8Ya Dec
-15
Jan
108
July
102
Dec
June 1
June 2
May 30
$ per
share
$ per
share
*98
99%
13%
*13
90
*85
1%
1%
§•; ;.n\5%
5%
5%
.11
...
*148
154
*148
129
87%
13%
*11%
12%
*11%
| *81
*84
86
*83 %
86»
13%
*12%
13%
*12%
13%
j
12
*11%
13%
*12
13 y2
sy y .
22
22%
22%
V
12
22i
*21
7
15 %
31%
31%
31%
33%
33%
32
33%
33%
32
.
*113
"33%
-4,900
33
33%
9
9
500
9%
9%
9%
9%
34%
33%
34%
34%
34%
*35%
37
*35%
37
-
97%
*96%
98
*97%
99%
"
19%
%
u
3%
*2%
19%
3%
14
*35%
38
*3e
37%
3%
5%
5%
•
14
*2%
3%
11%
10%
23
80
*2%
10%
10%
11 %
6%
*6%
22%
77%
*9
9%
22%
78
55%
9%
9%
*20%
21%
*20%
110
*106
:
6%
5%
117%
44%
43%
441/4
-
-
*3/8
n
7
%
*%
%
6%
%
»%
6%
6%
6%
3%
3%
3%
3%
41%
41%
41 »8
42%
*2
2 Va
21/a
•
9%
51%
52%
*1%
*1%
*37% ! 40%
-2 'J
:
2%
.
3
3
,*2%:
94%
2%
3
:
*"*
94 Vb
3
*3
.
*8
26%
'
*25%
25%
*8
8%
-
129 V*
—
$6
6
-»
mi
:
20%
:
'■
**
/
100%
19%
19%
553/4
64%
64%:
64%
"
100%
*95
*95
56
*125%
129
19
56
191/4
XI8V4
18%
55%
x55Va
55 Va
56
641/4
64'/4
*62%
6 3 »/2
*63
81/4
8Vt
9
9
*8
8%
9
81/4
fn
...
900
300
64V2
5%
5 %
:
.No
Kalamazoo
2
% Feb
2
4
Jan
12
21
.Feb
0
37%
Jan
Dec
%
Jan
1% Dec
3%
Jan
15% May
21%
Sep
Dec
4%
Jan
% NOV
%
Jan
V
2
1% Apr
.2
A
13
■.
18%
42 v
3%
i
2
Dec
10% Aug
11%
Dec
24
Mar 25
31
Dec
45% May
Jan
28
2
Dec
4%
Aug
Feb
4
Dec
21%
Jan
Feb
7
Feb
25
Jan
8
,
2%
Apr 24
Jun 2
Apr 24
May 1
Feb 18
16%
9%
27 •
100
Hi 157
Apr 24
4%
27
Jan
27
74%
13%
9% July
20% May
29% July
85%
Jan
161
Jan
12
154
Sep
Feb
4
63
Dec
90%
Jan
12%
Jan
14
8%
Dec
13%
Jan
6%
" 'y,
Feb
5
6
Feb
7%
23%
111%
Jan
27
19
Dec
Feb
3
107
July
10%
8
151%
52
160%
Jan
9
Jan
14
6
Dec
11%
Jan
5
140
May
167%
Feb
4
Feb
18
3/4 Jan
19
3%
Feb
Sep
27
Sep
113%
Jan
8
Dec
Jan
Jan
Dec
150
57
July
Jun
42%
170
Jan
•
2
24% Apr 29
126% Jan
3
,
12%
Jan
Apr
9
43
Jun
Jan
31
283/4 Feb
4
Jan
Apr
13%
Nov
130
Mar
•
•
«««»•*
1%
•
Dec
July
.4
31%
Sep
23
5
23% Jan
463/4 Jan
131
Feb
20
Sep
51%
Dec
73%
Jun
Apr
2%
Sep
26
Feb 16
May
10%
603% Jan
Dec
125
4
5
30
/
1%
32 Va
96
Apr
17
95
Jan
7% Apr 29
24% Apr 29
' 127 ; Apr 18
' Feb
Feb
12
9
May !
38%
nv
Apr 13
l%Jan 2
2 'Jan 2
7% Mar 28
2
' Mar 14
'
— —
15% Jan
May 6
May 20
2%
3
3
Dec
6'/a
9
5
V*
May 27
May 26
Mar 25
88% Apr
111%
8
Jan
26
par
100
Dec
Jan
Jan
par
Aug
Feb
5
39
5%
18%
85
50%
par
122
Laughlin Steel.—__LNo par "
800
Mfg
July
Dec
Apr
5
100
100
100
1
pref series A
pref 'series B conv
Joy
5
2%
26%
\
3
13
100
preferred.!
200
8%
Jan
3% Jan
34% Feb
14
2
Feb
1
"
*8
Jan
111
32
j.No par
Manville—__1
Jones &
5,300
•
Jan
64
Aug
96
1
Preferred
129
18s/s
55%
;.V?19:H:
2,000
Johns
•
Co
(W B)
4%%
J.
13%
Dec
100
48% Feb
par
Dec
36
26
2
100
2
Jewel/Tea Co Inc
— -r
58-
7%
29
20'
26
May
Jan
48%
Oct
49
Oct
31%
Jan
"
25%
49
Oct
95
13
May 19
3
Feb
Jan
104
Oct
9V« Jan
2
Sep
Dec
3%
Sep
Feb
14
87
Feb
98
7
'■£
3%
5%
4
Dec
P/8
3% Jun
1%
Feb
Sep
Sep
'
32% Jan
20
124
Aug
Dec
333/4
Aug
Mar
26%
6
Jin
132
9%
134%
Aug
14
Jan
44
Jan
J
Jarvis
600
i:
1001/2
*125%
129
*125%
21%
563/4
57
56
64%
8V4
*8
8%
*21
55%
57
*55
v
211/2
55%
56
*125% 129
19V4~
19%
129
*125%
X20%
100%
*95
100%
55%
56
56
v
*94
6 V2
211/8
21%
22
*6%
200
61/4
*6%
6%
*6
6%
-
*20%
20%
*94
...
*6
6%
Jan
Jan
4% Apr
39
26
20
par
;
preferred—....
H
100
.1
Island Creek Coal—.
20
*129
Jan
39
Jan
2
9%
49%
1%
41%
No par f
Intertype Corp
——
200
:
26 V2
*253/4
26%
1291/4
25%
*129
.
85/s
*8
8%
*8
,
'
*129
Preferred
52%
Dec
10% Jan
2
50
preferred
...—:
Intern'l Telep & Teleg
No
Foreign share ctfs
.No
Interstate Dept Stores
—No
7%
300
:
i
No par
1.
International Silver
—
89%
*89
893/4
*89
International Shoe.....
2,200
8%
*8%
8 Vs.
8%
8 Va
89%
Cent Am
Dec
44
38
Apr 10
1% Apr 25
15
—.100
No par
5%. preferred
...i
International Salt—
__iNo
15,700
3%
*3
5% 'conv preferred
100
!
<
3
2%
.
3%
3%
3%
*89
3
:2%
Co
500
,
29
17
>
Oct
30%
5
Jan
Jan
,
9% July
16% Aug
115
105
2
29
1
May
% Jan
100 /
1
No par
Paper
yy 9
Feb
x 107%
Apr
24
38% Feb
8% Jan
-
,
34
3
Jan
5% May 25
3% May 29
par
100
International
70
}
30
♦91%
8%
734
*25%
25%
25 Va
*28'A
941%
8%
8%
*7%.
29%
*91%
8934
*89
89%
*129
-i'
*28%
94%
2%
20
•
5
i
500
29%
V *91 %
3
a
8
S:-'
*89
■
& Chem
No
preferred...—'
Mining Corp
Inter Rys of
27
26%
3
'
263/,
Feb
25
Marine
Preferred
800
41-
27
*28
28
:
*91%
94%
41
263/4
3(J
115
5% Apr 29
5% May 20
109% Mar 16
40
Apr 24
147
May 0
"
Int Nickel of Canada
■
v
.'
40%
4%
'7,200
'f
/
,2Vs
40%
40
n
4
43
*26%
26%
28
'29
*91%
*37%
26%
27
*27%
40%
•vj1
'50 V2
43
*41
43 %
^
-
Internat'l
12,000
•
9%
*1%
2%
*1%
2
*1%
43 %
*37%-
v'
2%
43%
2V4
50%
50
50
51
•:
43 %
44
27
51
51% V
*51
2%
;
*43%
y'f
Internet Min
Dec
6% Jun
•18% Jan
19% Feb 18
103
Apr 7
—100
.
Mercantile
300
5%
1
6
5% Apr 21
par
Hydro-Elec Sys class A
500
.
130 Va
9%
9%
9%
.....No
Harvester
Int
2,800
.
.
273/8
27%
*128
1301/2
4
42%
21/4
2%
273/8
27%
*128
9%<
9%
9%
9%
9%
4'fel
Jan
8% May 20 !
IN0 par
Int
2,900
Jan
.54
No pat
•
Aug
30%
5% Jan
.—No par
Preferred
Sep
18%
Dec
10%
6%
21
74
155
Machines
6%
42%
43
2%
23/8
131
*128
%
16
6%
3%
3-%
27%
27%
27%
130
*128
.130
1
6%
43
43
*2
2%
\
.
27
'.27%
27 »/8
%'
A
6%
3%
3%
*39%
*128
158%
7
«
16%
Dec
16% Apr
100
t
*
Dec
2% Jan
Int
•
12%
12%
13%
13
May 13
32% Jan 2
Intercont'l Rubber
Internat'l
Jan
Jan
5
.
Interlake Iron..—...
11,200
Oct
56%
115
4
& Jan
2,000
46%
<45%
-
0
*
2.N0 par
—;
Dec
99% Jun
Jan
80% July
132%
13% Jan
2
1,700
Business
33%
5
12
% Jan
■
2,600
:
40% Jan
102% Jan
16%
Dec
123% May
x
13% Jan
1
Corp
July
22'/a Jun
20 !
6%-preferred
168
10% Apr
May 21
Mar 13
'
par
Ctfs Inc
Interchemical
s
5%
*156
156%
*155
160 Va
*155
164
*155
;
500
)•
.1.No
Co—
Jan
65%
2
Jan
Sep
96
Dec
150
5
2% Apr 24
No par
10
—No par
LNo par
—100
Rayon
Insuranshares
72
132
9
'29% May
1
:
preferred—
Steel
Feb
Sep
8%
2
1000
Inspiration Cons Copper....'
200
121
120
;•
1,200
!
<
7%
5%
■
45%
44%
110
6%
5%,'121
118
:
20%
20%
*106
•6%
5%
5%
117%
6
110
6%
6%
5%
44%
156 Va
6%
.
9%
*5%
21
20 V2
*106
118%
44%
*155%
*106
21%
110
5%
119%
44
110 ' '
"
*
x9%
6
:
5%...
118%
5%:
5%
119
*20%
21%
*6%
7%
1
7
*106
k
5%
?£'
*5%
6
*5%
■
4%
Refining
Inland
1,100
•
9%
'
6%
24
Apr 27
96
100
100
;
series A
ctfs
12% Feb
% Apr 28
30% Apr
100
Co.
Ingersoll-Rand—_
*
"•
RR
lines
Industrial
600
'
57
56%
Indian
1,500
81
•
''
56
55%
9
9 Va
80
*153
Central
See
28
1
Indianapolis P & L Co
600
23 Va
23 %
23
1,900
7
■
RR
Feb
Jan
86
Dec
50%
3% Jan
preferred series A
Leased
50
10%
*6J/4
|8°
:':V
100
}Hupp Motor Car Corp
150
.
3
10%
£
7
*153
55%
55%
:
H.3:.! >■
*153
—''l''
55%
57
*9
iyH":
37%
*36%
77%
77 V2
*153
*55%
■'/;
Illinois
100
22%
23
77%
v
-
2,300
2%
*2%
6%
23
23
*76
*153
m--
5%
13%
37%
10%
11
6%
7
67/a
■
5%
6%
3%
*2%
11%
'£:- \
1,100
1,200
2%
158
22% Mar 21
Hudson Motor Car.
37%
36%
11
27
-j—100
preferred
!
Bay Min & Sm Ltd—.—No par
6%
Feb
'13% May 26
-
5%
13%
5%
14
*13%
-
57
May
6
-
_5
Manhattan
Hud
14
14
%
&
2,000
'
V,.'"
Hudson
—
Deo
14% Jan
,
100
25
;
I
Howe Sound Co...
%
4
3%
'
3%
36%
•
—
19%
*13
*13%
,
Jun
5
12% Mar 11
11
Mar 21
par
,
Feb
3%
Dec
76
79
No par
5% preferred
Houston Oil of Texas v t c
3%
19%
5%
5%
14
H'
*2%
*19%
;%4
*13%
y
3%
19%
3%
%
Wlk 5%
57/a
5%
%
■
!
4
800
%
*%
'
3%
3%
3%
%
*%
%
♦2%
19
18%
:
30%'
y
500
19%
3%
*2%
3%. i
*19
%
*%
*%
%
*%
*2%
30%
"■
,
—.No
.Household Finances
—
31
31
31
31
2%
2%
2%
2%
2%
2%
30%
*29%
31%
*29%
v.
2%
2%
2%
*2%
98
*95
98
*95 %
■
;
i..No par
Class Bj
400
1%
6
19
30% Mar
-
12.50
-
Houdaille-Hershey cl A
800
-
9%
34%
;
-.No par
Homestake Mining
101
21
111% Feb 27
y Holly Sugar Corp
.7%'preferred.;^—
Dec
19
10
10
__i5
,
Jan
92
1% Jan
51
.1
(Del).
Hollander & Sons (A)
1,800
,V--i 9%
*95
Holland Furnace
6%
6%(Feb
125
.'.10
: Hires Co (C E) The—
—-
.
*33
9
x9
100
700
Feb
Dec
93% Jan
141% Apr
100
Hinde & Dauch Paper Co..
Jan
149%
2
4
9
45
,
200
15%
32%
33%
33%
33%
33%
••
15V4
32%
32%
—
Jan
25%
Jan
3%
May 12
7% Apr
106%
~
—
7 r.v200
*6%
15
*113
*113
*113
*113
7
15
15%
i
22%
22%
*6
7
*6%
15
'■■■■■
15
,
2
140
4
% Jun
4% May
1
25
W)
10
Highest
S per share
12% Dec
19
Jan
88
Dec
100
17
Jan
79% Apr 24
25
Co...
share
4% Feb
29
Jan
$ per share
16% Jan
5% May 21
.
100
86
7
80
>
70
34%
2
.2
Glass
(G
Apr
3% Mar
X
.1
Preferred
.
126
146
i ,\
Hercules Motors.:
±No par
Hercules Powder!,pat
6% cum preferred
100
'Hershey Chocolate—.—
j.No par
>
$4 conv preferred.-—'—-par
1,500:
•;
V
*12%
*6
6%
15
200
V'
'. ■
*
*83
12%
*21
22
6%
-
129
34%
38%
*34
Helme
.
59%
58%
*128%
Apr 20
12% Apr 29
100
_
Mfg Corp
Hazel-Atlas
_—
11
11
60
128
128
-
38%
55
preferred—!
Hecker Products Corp
154
13
12%
14%
129
•' *33%
"Hayes
—
2,900
86
*83
*13
*21
*58%
*128
*52%
11%
*10%
60%
38%
*33%
38%
11%
*58%
129
129
•33%
*10%
58%
58 ••■■■v
58
*128
11%
*10%
11
••
53
2,900
'
'
5%
*148
154
*148
154
/
86"
5%
55
*51%
55
*52%
*150
154
*83
5
%
6%%
share
104
No par
Hayes Industries Inc
—
$ per
98
No par
v
6% preferred-,
100
Hat Corp of Amer class A—
T_1
«
V
1%
1
87
5
5%
5
57
*52%
*52% J 57
1
*82
84
*80
5%
(M A) Co $5 pfd
Harbison-Walk Refrac.
;
90
6%
$ per
Par
(
Highest
y
v
Lowest
■
Hanna
500
4»
*6
6%
*6
40
1,200
129
*85
90
*85
1%
*1
1%
83
*80
83
4
6%
*6
-Vv:','
13%
*121
4
90
♦85
e%
*5%
129
4
3%
*3%
v
90
*85
s
6%
*79
4
*3%
4
*3%
t
*121
129
•
13%
13%
...
Year 1941
1
Lowest
EXCHANGE
,
Range for Previous
100-Share Lots
Basis of
On
NEW YORK STOCK
,
Shares
,
99%
*98
98%
13%
the Week
$ per share
share
*98
.
13%
V.;
*121
129
*121
129
99%
*13
13%
$ per
share
99
99
99
*13
*121
$ per
Sales for
June 5
June 4
June 3
$ per share
Friday
Thursday
Wednesday
Tuesday
Range Since January 1
STOCKS
SALE PRICES
LOW AND HIGH
Monday
Saturday
Monday, June 8, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
2154
Co.
....
'
Jan
2
May 15
Mar
4
107% Jan
5%
5
May
May 15
Jan
9
17% May 20
54% May 1
61
May 20*
: 8
Apr 28
8;
62% Mar
f..
5
107%
Dec
4
49%
Dec
71%
3
64
Jan
6
79"% Jan
3
11
Jan
9
Jun
Nov
122
4
24% Jan
v
Dec
111%
125% Apr
!
Dec
31%
2
33% Jan
16% Dec
128
Dec
Sep
Feb
27% July
67
Aug
59
Oct
64%
f
Dec
86% July
Dec
14
8%
20
Sep
K
3
4%
Dec
Mar 17
2% Jan
2
16
May 26
6
Apr 17
85
May 18
7
Jan
7
99
Apr 28
10 % Apr 24
120% Mar
3
xll6%
Jun
4% Jan
27
Jan
27
9
7% Apr
7
6
2
9 v
105% Jan
20
6
5>
9
Jan
3
2% Feb
5
'
8Va
8%
*119
•'///(•V.'p
r
•
12%
12%
7%
6%
7
*100
105
*100
*81%
*7%
8%
*90
100
12%
6%
88
*7%
8%
17
6%
*81%
88
1
♦90
•
*6%
6%
3%
17
17
18
*7%
"3%
3%
3%
3%
*6%
>
*90
100
♦100
105:
13%
*343/4
34'%
3437t
34
18%
19 V«
19%
19%
*2%
251/4
22
25%
*2%
22
25%,
25%
9%
10
*28%
101/4
10V4
3
*21%
22
25%
*13/4
34
183/4
•
H
33
12%
12
*81/4
9
*9%
2 7 Va
1%
*9%
10
1%
'34
19%
2,300
26%
26%
103%
33
1:
12%
12%
9
*8 V4
193/4
19 34
19%
*18%
♦107
•/?,
108
2%
2%
1
*%
IIV4
lll/4
19%
191/4
*30
*121/4
V4
*81/4
20
*183/4
19%
*107
: 108
23%
2%
2%
1
1
*%
11
11
11%
19%
191/4
-
19%
19% >
1
1
11%
19%
19%
12%
*11%
12%
*11%
18%
*18%
18%
*11%
12%
*18%
25
4%
4
4
For footnotes see page
253/8
•
.
:«
4
25V4
4
25%
4'%
'
19
25%
4
12%
*8»/4
HHv
Kress
(S H)
20%
*107
20%
■
5%
%
1
11%
19%
/
"
111/4
19%
500
.
;
700
19%
2%
1,000
%
1,200
11%
2,300
.
19%
12%
*11%
*19%
.
19%
5,200
12%
19 Va
26
4
25%
26
4
4
2159,
T
Lee
Rubber
4%
0
400
6,000
4,400
7% Apr 29
21% Apr 24
11% Jan
2
8% Mar 17
15% Apr 15
No par
&
No
25
Cement.^
100
50
;
tLehigh Valley RR
Lehigh Valley Coal
6%
conv
Lehman
preferred
Corp
(The!
No
...
!.!
:
Libby McNeill & Libby..
par
50
;
18% May 29
Mar 30
Jun 2
May 25
Jan
7
106%
V 2%
"%
8%
il VV 17%
5
11%
18 4
No par
: ,20%
7 v
4
Lerner Stores Corp.. _—... .No
Libbey Owens Ford Gl__
par
__5
Tire..!
preferred.
Lehn & Fink Prod Corp
1
100
(The).....•
Portland
conv
May
Jan
Jan
L_—100
St Louis
Bryant.
Lehigh
"50
•
Co
10
Mar 31
Apr 30
19% May 6
22% Apr 29
—No par
preferred—
Lambert Co
Lane
108
2%
2%
,
.
& Co.—
'
10
;.l
Laclede Gas Lt
9%
*18%
19%
107
2%
2%
19
253/a
.
par
Kroger Grocery & Bak—No par
140
.
*18%
107
11%
■
20%
20%
20
108
*11%
9
*81/4
9
iNo
140
30 V4
12%
12%
12%
123%
*18 Vb
25%
prior preferred
25v 1%
33
17 ■
3
par
,.1
Co.....v....
Kresge IS S) Co—
'
19%
19%
*18V4
*107
34
*30
34
$5
No
800
10%
30
10%
2,100
"
*28
No par
/Kresge Dept Stores
223/4
100 'May
26% Jun
11% Apr
—No par 1
Keystone Steel & W Co..—No par
rKinney (G R)
130
*2%
22%
26
26
25%
>
22 Va
22
22V4
J
3
Kendall Co $5 pfc pfd A
Feb
117
4% Jan
1
rKennecott Copper
(
1
B
Kimberly-Clark—
300
1%
conv
Class
27
33%
19%
19 »/4
*2%
*
300
•19V4
■
34
*333/4
3
*25'/4
■
15,900
133/4
100
..1
Kelsey Hayes Wh'l conv cl A
20
273/4
27
*13 V4
133/4
*25V4
■1%
1%
35%
7
*21%
/.•
1%
*13
27 ¥4
1%
3
*—
*251/4
27 Vi
*100
27
26%
263/4
xl8%
—'
100
105
26%
2
.
1,300
105
preferred—.
par
Kayser
.1,000
6%
*13 %,
*1%
•
12%
6%
13 Va
*25%
;!
12%
6%
5
10
No par y
...No
preferred
—
103!
(J) & Co..—
5
Keith-Albee-Orpheum preferred-100 '
200
12%
26%
.
'
6%
100
4%
■'5%
>
8 Va
100
*90
100
*90
88
12%
13%
■
8%
8%
■
& Furn
L pf ser B
City Southern
Kaufmann Dept Stores
200
!
6%
26%
271/4
.
300
>;
12%
13
13 V
*251/4
7%
Kansas
1,100
6%
7.
26% ■27
:
8 %
100
18V8
'*634
*81%
88
*81%
8%
31/4
»17Vs
V
Stove
Kan City P &
T
■
3»/4
65/a
6%
88
*119
V v
18
*17%
6%
-
12%
12%
V
17
'
3%
31/4
3%
9
:
119
>119
*119
__
•16%
*81%
8%
par
Apr
Apr
Apr
Jan
Mar
17
24
29
5
12
22
11% Feb
13%
9%
5
100 »/2 Jan
13
Jan
20
29
40% Feb
Jan
Apr
18
Jan
Dec
4%
Dec
Feb
Dec
Dec
14% July
Dec
38
•
8%
108
Jan
Mar
39% July
3%
Jan
Juiy
Dec
Feb
40% July
21
Dec
26%
Sep
5%
Sep
x22% Mar
28%
Aug
Feb
29%
Jan
Feb
17%
Sep
2%
24
5%
11% Feb 17
30% Feb 18
17% Mar 21
9% Jan 19
5
Aug
23%
5
20% Jun
9
121%
1%
>
2
29% Jan
Jan
Dec
11%
23
27
Aug
14% Aug
25
•
9
3% Jan
22%
104%
30%
,
5
22 ■% Jan
Jan
Aug
98%
■:
3
13% Feb
6
9%
:T2% Mar 16
37%
12%
121% Mar
Dec
6%
95
May 19
Dec
Dec
Mar
100
8% May 12
100
Dec
2
Feb
17% Jan
45% July
10%
Dec
14%
Sep
Jan
13
Aug
Dec
27% July
7
'f 14%
23 % Jan
9
19%
Apr
26%
Jan
16
107%
Dec
116%
Jan
1%
Jan
5%
Aug
113
Jan
26
1% Jan
20
%
Feb
14% Apr
8
2%
Feb
21% Jan
9
xl9 •'
Dec
Mar
6
4
13
20
2% July
14%
24%
Sep
Sept
11%
Dec
14%
187/s
Dec
27%
Sep
19 %
Dec
45%
Jan
3%
Dec
7%
Jan
-
14
26% May 21
20% Jan
5 Va Jan
Oct
5
Nov
Yolume 155 ^Number 4079
THE COMMERCIAL & FINANCIAL CHRONICLE
)
NEW YORK STOCK
RECORD
stocks
HIGH SALE PRICES
AND
LOW
'
Saturday
r.-l ^Monday1
•
May 30
Tuesday
;■• •
$ per share
share
$ per
24
*22%
;•
6i
*18
*22%
23%
26%
1.
•12%
'
rti'-'.Z*
i ;,'■• • V
'
-
v
v
.
:
.16
36
:
3
"
23%
27%
27%
10%: /
10'A
-10'A
>10%
10%
200
12%
12 %;■>•:
12%
12%
12%
12%
600
.•
15%
15%
15%
16%
16%
17%
0,900
»
41'A
41%
42 ?U
42%
4,700
37'A
38
>'
12%
15aA
40%
3'A
16 Va
13%
133/4
-14'
.
58
18
23%
*27
•
16%
139'A
13%
*138
-
.>*13
12 7A
58
13"%
Co
;
18
Jan
3
73% Jan
12
74% Jan
5
Long Bell Lumber
Loose-Wiles
200
•i Lorillard
•
7%
35:
?
13%
100
Louisville Gas & El A
k-i!-iVo par
800
Louisville
Nashville
100
18%
500
&
Feb
39
Jan
Dec
96%
Jan
Nov
98
Jan
Jun
189
Jan
.H17% Dec
5
21
Jun
32% Feb
34
Mar
4
x20%
21
3
6
5
42% Jan
28
4% Jan
24
113/4 Apr
Jan
13 3A
July
Apr
16%
Jan
19%
Sep
39%
Oct
Apr
,
1%
6
31%
May
35
18% Feb
Apr
28
V '
15% Jan
Dec
..
45% July
3% Dec
133/4
Jan
29
12%
Dec
.19%
Jan
Jan
30
142%
Dec
162
Jan
18% Jan
29
8
149
9
58
Jan
37%
Dec
13
24/2 Jan
30
May
9%
42% Jun
13
Dec
X29
15% Jan
' Mar 30
2
Jun
Jan
174
10% Mar 25
•
27
11% Apr
128
100 *
preferred.^-*!
19
Apr 29
15'
10
Co—
14
2% Mar
<■
Nov
64 V*
6
ll3/o May
1
14% May 20
>37 "Jan
2
par
-25
LL
Biscuit
(P)
Jan
2
$ per share
64%
175
9% Jan
.
32%
'
16
22% May 20
25% May 21
':■[
par
60
60
18%
/
20
>
*13
13%-
j
2,000
139%
139 %
No
Belt
——No par
Liquid Carbonic Corp_-—^..JVo par :
Lockheed Aircraft; Corp__*
-_1
Loew's Inc
No par '
Lone Star Cement Corp---—No par
500
13%
59
59
3
163/4
>
33
Lion Oil Refining Co_.
t 1,400
•
13
No par
Link
i
Highest
$ per share
18
164% Apr
16% Apr
.
Lima Locomotive Wks
700
$ per share
29
•
—-_No par
Year 1941
Lowest
Mar
.
100
—
Lily Tulip Cup Corp
••
400
•/
'•37
*16
> 139'A
100
•
28
•; ■
3
>
33/8
133/4
12%
>
58
17%
:
19%
37
-
58
13'A
*123/8
'
60
60
>♦18 %
.
25
Preferred
166%
23%
>>,*3
13%
139 %
*164%
23%
19 'A
16%: > >>16%
13'A
142%
•■
3
*16
*15%
„
>
3
13%
*139'A
37
37
"'•
16%
*12%
...»
40% i> 40 % <
•
37
13'A
«.
*10
'
*165 > 166%
20
Range for Previous
Lots
Highest
130% Apr
50% Apr
-5
.25 !
—
Series B
26%
*2%
142%
:
.Liggett & Myers .Tobacco-*,:
23%
*15%
*139'A
Life Savers Corp
100-Share
$ per share
Par
400
1,700
-
of
Lowest
400
•
>
65-
26%
*36 Va
V
-
>•;
65
64 %
*223/4
26%
15'A
40%
36
25%
"62
t-
64%
23%
>10%
40 Va
•
64
63%
On.Basis
/
v
•■
•
*18%
*12'A
,
163/a
*61%
;
18%
26%
13
.v
40 Va
>
25
24
62
63% '
23%
Shares
vv
Range Since January 1
>
STOCK
EXCHANGE
166s/a
'
■:».
23:,/4
62
62
*23%
*
$ per share
$ per share
NEW YORK
the Week
•
18%
Va
*10
10%
*10
v
dune 5
■
•;
*163%
*22 3/4
26%
•
shdre"'
$ per
-
Sales for
Friday
!
•
18%
*i64
18%
:>>»i7%
June 4
62%
1663/4
168 3/8
*164
:vvV:
>
■>:/
61
60
61
Thursday
June 3
23%
*22%
59%
60%
Wednesday
■
<
$ per share
59%
;;
.1
,
June 'i
June 1
•
2155'
-
i:
>
15
Dec
;
60
76% Jan 26
Feb
19
Sep
22
Sep
•74% Nov
Dec
M
•
V
*18
'
mm**
*120
"
19%
128
»120
■<.'.>
*17
18%
•124
128 >
>
128
*17%
'
29%
29%
18-%
18%
"
30 Va
19
30'A
1,400
19%
1,800
19
'
'
V
miim-
*10%.
19
>:
> *183A
.
19
V"
'
*10%
/,>
12
*20%
>19
22
12
22
*203/8
; vl'
*10% >12
*20 3/8
t
>'.V
*103/4
-
I--
"
'
"
25/a
*5
12%*
12%
%
%
%
27/e
2%
2%
8%.
JU
83/4
85/a
"'">'-23/4
23A
*5V4
12%
*11%
*3/4
%
23A
.6'A,. :>.. *5'A
12%
*3/4
*3/4
*3/4
'
mm
2%
■r:
200
21
6'A
'
•12V4
12
21
12 V2"
*5 Va
6 jA >.: .....
.
"11%
'
2%":
2%
2%
2%
2s/a
6»A
r*5 .,>
*11%:
,
xZM
*10%
.
21%:
21%
22
;
12
W:
2,800
6%
Mandel
,
100
13/
%
630
124
23% Jan
;
5
May
5
17%
Dec
•29%
22
11
Feb
•
28
'19%
Dec
4% Jan
30
1%
Feb
4%
Dec
6% Jan
15
5%
Dec
73A
Aug
•16% Jan 26
12%
Apr
"16%
%
Jan
2%
Deo
5%
Jan
33/fl
Dec
11%
Jan
Dec
17%
2
11% May 18
'<•
1
Apr
27% Jan
4
2% May 22
■
23%
13% Jan
May
<
X32
2
21% Jan
'
17% Apr 30
10% Apr 29
par,
19
27
131
.
20
12
Jan
35% Jan
1
•
Apr 27
28% Apr 17
_i25
Maracaibo Oil Exploration
5,600
8%
No
Bros
Manhattan Shirt—
■
500
2%
15% Apr
——10
—100
—No par
Madison Sq Garden.-—-No par Macy (R H) Co Ind
*
No par
Magma Copper—
*
_10
Manati Sugar CO—
—;
—1 r
& Forbes
6(/o preferred—
Mack Trucks Inc
>
>, 30 Vt
19%
29%
< MacAndrews
128.
*124
'
29%
29%
29%
29%
> 128
*124
'
■
>
% Mar 27
1% Jan
31
3% Jan
5
31%
Dec
Jan
138
-
Jan
35%
Dec
Sep
14%
Aug
31
July
Sep
1% May
'
;
'
2%
2%
2% >
83/4.. r.-.,. 8%
'
J- \<t
:
>
"8% r"
'
iS.
'
V 9%'
>>
9%
183/4,
18%
9% > 93/4
18'A
183/4
*3%
33/4
'
'
.
•
*3%
Mmm
18
3%
*3%
3%
3%
3%
18
18
18
.
*20 Va
21 %
•
*23%
24
*20 %
22%
*20 Va
22
21'A
20%
21
169
*150
35% T
35%
35%
1,200
24%
24%
*20'%
21%
21%
*164
363/4
35%
1%
1%
1%
*1%
1%
1%
1%
500
14"%
14%
*14
14%
~-
*14%
14%
■'14%
14%
500
76
76
*75%
80 >-:-
*75%
*14%
15%
>. 84
*76
*9%
!
'9%
9%
*10%
16
102
*95
102
*95
16
16%
7
•
*6%
*6%
30%
11%
;
30 V
: 11%
*101
30
31
113/4
30%
113/4
113/4
102%
*101
5%
•
93
>*6%
*71
75
66%
*64
65
*23
233/4
*23
233/4
4%
*4%
23%
23%
25%
263/4
•;
25%;:
*25
25%
5%
13%
13%
18%
18%
96
*107
•
.
13
Jan
7
;> 1% Feb
2
46%
20
>
200
i
200
•
Mengel Co
130
24%
v$6 preferred series A
5%
40%
Dec
2 :
90% Jan
10% Jan
14
6
12%
Dec
76
Jun
9
:
6
Mar
15%
28
90
Dec
6
8
Dec
Sep
2%
Dec
Jan
Sep
Aug
56 3A
Dec
1
18
6
176
28
Jan
Apr
107
<
Jan
14% May
May-12
100
100
Mar 31
108% Jan
6
103%
Feb
109%
Nov
—1
14
17
17% Jan
13
13%
Dec
25%
Jan
Feb
28
65
Dec
33% Jun
5
26%
Dec
1
Apr
6V2 Jan
28 '
6
8
3
.
May 11
9»/4vJan
.101-
>.12% Mar 23
2
1st preferred—.
53%
Dec
8%
Sep
Jan
5
101%
Apr
109 %
Jan
4
5
Dec
108
110
Dec
693/4 Jan 22
"77
Mar 24
72
Feb
3
54
32
Jan
2
27% May
3% Feb
5% Mar 23
<
•26% Mar 24
22% May 23
Dec
213/4
Nov
9% July
70% Mar
May 23
21% May 5
4V2 Jan ' 2
64
i
Sep
14
8
:>■
Sep
15'A
30
6
Jan
—1
***1
50
373/4
.
7 % Feb
Apr
par
9'/a July
9% Dec
103
Aug
7% Jan
-1
6
par
16
-
1083/eJan
May 20
5VaJun
94
(The)*,*—i,—*
conv
Jun
5
Sep
31%
10
No
1—No
$5.50 pfd ser B w w
171
5
Mar
28
Dec
IV4 Jan
1
Melville Shoe Corp—r—
;
May
14% Jun
;
100
100
19
Jan
176
No par
71
13%
13
13
13%
13%
19
97
•
135/a
105
*107
110
*107
110 P '
*107
110 .•>'
1%
2
*54%
*1%
61
-
v
934
9%
%
2 Va
2%
2%
13%
13%
13%
69
67%
67%
23/a
115*
*114
-
14
;.
105
115
105
*105
17%
17%
17%
17%'
8%
-7%
8. >
*37
%
-*10%
20%
*2%
2%
*2 3/8
*50%
52%
*50%
z
50
39
'8
82
July
>71
Aug
33%
Oct
6 Va
Dec
29%
Sep
303A
Apr
37
•
Jan
-
Feb
.
203/4
2%
*23/8
2%'
V
*51
52%
11
*203/4
22
*2%../
"13%
53
*106%
~5%
■5%
31%
53
*30%
32
class B——
1.
—
—No par
>'V Munsingwear Inc————No
900
_
>• Murphy Co (G C)——_No par
5% preferred
—*
100
•
Murray Corp of America
—10
'
Myers (F E) & Bro_„——No par
•
•
2,300
'
31%
$7 preferred*
200
par
5
86
38%
•
Dec
34
Nov
8% Apr
66
27
4%
Dec
-
Jan*
45%
•
;
27/e Apr
>>14% May 18
91
May 15
Jan
12%
Sep
Mar
123
Aug
108%
50
Jan
.11%
Jan
49
May
106% Apr
>
Dec
Dec
9%
Dec
20
1% Dec
Feb
4
133/4 Jun
46
1
69% Jan
6
7
6
30 Va
•
> 12
Feb
24%
74
-
74%
Nov
Sep
4
Dec
8%
Jan
34
Dec
51%
Jan
1%
Dec
19%
Dec
3
Dec
7
23/4 Apr
153/4
Apr
Nov
>
20
39% Feb
Dec
July
109
111% Mar 17
2
Jan
4% July
-
9% May
61%
Aug
•Jan
17%
•
183/4 May
5% Jan
29
Jun
Jan
Jan
20
63
Oct
39%
> 43%
3% Jan
2
30
113%
Dec
Dec
5 Va
43/4 Jan "2
,30%
Jun
Sep
24%
25% Jan
>
2% May 21
»
94
35%
21 Va
8% Apr
12% Jan
Aug
118%
115
29% Mar 25
2
173/4
•
Feb
2
1
6% Jan
9% Apr -23
1
203/4 Jun
Dec
Aug
Mar
30
16% May
July
77
•
•
-
Oct
1
«3%
•
112
7
1 V 117% Feb 10
> 119
Mar 16
115
May 1
> :
1103/4 Jan
6
102% Apr 28
31% Jun
4
23 % Apr 24
Jan 15 >>42% Mar 12
37
1
15%
Dec
•
Jan
79% July
•
Oct
1
7
Oct
4%
-
Dec
>> %
% Jan 26
)
1
Jan
112
0% Feb
110%. May
'
Jan
125
-
Dec
52-
2
!
105%
27
Jan 16
12
2
Jan
1% Jan
Apr
May 13
3% Jan 13
-
28
•12% Feb
<
Jan
17% July
•
109
1"% May 21
60
Apr 17
1
Co.*—
Brass
Mullins Mfg Co
400
:Mr\
V
311/*
:
•
'
Mueller
Feb
42% Mar 26
:
par
—No pat
101
107 3/e May 19
X
preferred series C—No par
Morrell (J) & Co
20
-
5%s" 5%
$4
B—_No
series
Dec
107
Morris &'Essex
-
133/4-
*
Preferred
17
2
;
500
,;
'
53
133/4
*106%
•
2%
53
.
'
—
*
.50
Motor Products Corp_*—*—No par
700Motor Wheel Corp———
—5
2,100
•
/>
TOO
20
14
9%
•
Mar
19
—10
Montg Ward & Co Inc*—.'— No par•
1,170
'
8%- '■
11
52%
*5%
*30
30%
<
.-13%-
133/4
51
5%
21%
20%
/•
52%
*51
*106%
"5%
y
51%-
13%
50
>
>
—
—
13
23% Jan
-
•
Dec
5
Jan
35%
•
v
20,000
39%
8%
2%
*2%
52%
110
>
Corp
< Dec
43/8
Jan
103% Jan
V
*'•
'
•
21 %
21%
40
v
$6.50 preferred-
24
>
"
100
100
> Feb
14
16
30
14
16
12
Mar
88% Apr
100
No par
Monsanto Chemical Co
10
$4.50 preferred—
—-—No par
60
31%
•
—J—1
No par
•
30% Jan
>
15
*7% Jan
16% May 18
•
'• 1% preferred series A—
Mohawk Carpet Mills.—
400
;>*/
12%
Mo-Kan-Texas RR———No par
2,500
105%
-
103/4
•••403A
;-
"
par
preferred series C
Mission
800
30 Ve
(■
•8%
8 r>.
<
29% Jan
15
Apr
>>24% Apr 28
5
Apr'- 17
-.10
8% cum 1st preferred
Minn-Honeywell: Regu—i.
/ 4% conv pfd series B*
4% %
-2,000
117
*38
20%
•
10%
203/4
18%
'
39'/a
•.
___
Petroleum..'
Prod —.IVo
Steel
21
•
5 >-:;:■
i*
Minn Moline Power impL
1,100
105%
'
.->31
*37%
183/4
10%
13%
30%
31%
*30%
39
*7%
20%
50
5
30
•
71%':
*114:;: 115
405 >
105
30%
18
10%
*13%
5
5
105%
•37%
*106%
*106%
'
29%
293/4
*49%
133/4
13%
•
i
14 A4 J14
'
*112%
'
•'
'1,400
2%
70%
*114 si 114
39%
29%
't
117
'
50
id //>
2'%
f
1,700
1% > >%>-'■
>.
70
*114
*37%
*49%
68%
360
■
;
(
60
-
Midland
5
Co—_i—
Copper.i—
Mid-Continent
400
2
;
•-
>14-14
*112%
293/4
21
14--■•
67%
67
%
2%
117-
105%
203/4
i
*,u«
2%
-
—
*112%
29%
10%
%
2%
113%
*105 i
10%
i
Miami
110
10P
:
Mesta Machine
'
!
!
1%
*58%
A
9%
115
•113%
113%
>:
9%
>*A
'
:
5
60
9%
934
*%
*58%
(
t
105
*107
--,'•>.
> 1% •>1%
—
61-
*51
%
>"
2
60O
1,500
•
3,000
K 40% >41%
108
Merch & Min Trafts Co*„—.No par-
98
97%
■
.
*104
;
13%
.
>> 19%. >19%
—
2,900
<
v:
5%
96% .96%
41% -42
••
41%
>
*25 Va
19% -193/a
-
97 4
-■
40%
>
19
•
253/4
-5%
:
z
27
26%
25%
-■
105
*2%
8
>
*5
97
40%
96
■•-40%
>
61V /
.
Apr 29
—
24%
/
*104
*13%
>
25%
*25
25%
25%
19
r
*18%
2
*112%
31
preferred
*23'%
-
j 05
%
*114
/v,2#..;/>/2YV.
;;5%>*%
">•13
40 %
*9%-10
68
23%
*104
*54 3/8
.
conv
Corp
>43/4 V 4%
110P
;
162
1
65
43/4-
253/8
24% May
*10
70
23%
21 Va
6
No par
>63
104
> 1%-
}
?
96<
/ 40-
-
r
>< 25 » 25-
•
5%
104'
6%
Mead
Jan
6
\
*25%
'
-'•
23%
50
28 Va
16
29% Jan
Co
Stores
500
6%
Jan
100
*23%
24%
4 %
-
McLellan
12'A
27% Feb
McKesson & Robbins Inc—18
& '■ •.'•€ % % preferrfld-^L*.i-^«i.-.i»';*100 V
500
93
6 %
75:
*23%
'4%
23%
23%
\-v :
•>
*91 %
C:
v,
v
Dec
24% Jan
Mclntyre Porcupine Mines.
200
.5%
/• 64
64
...
23%
102%
*5%
•
6%
*71
65
*64
93
-.
6%>
•
.75
*71%
"23%
>>*4%
4%.
*4%"
23%
/?
>
75
,
7 V,
•
33/4
6
McGraw>Hill Pub Co——No par
4,000
•
Sep
6
1
700
<
12 >"12%
5%
*91%
93
*91%
7
*64
.*71
5%
33%
32 %
Mar
100
>102%
*102 > 1023/4
102%
5%
*6%
6%
6%
/
11% >11%..
11%
/ *5
5%
*91%
93
93
>
32%
Dec
6% Jan
-
32%
*313/4
-
x20%
May 12
Apr 20
—
7
6
20
preferred
Sep
26% Jan
223/4 May
a McCrory Stores Corp—
6% conV preferred
—'
1,900
t McGraw Elec Co——
;
16%
7
V
'
> 11
20
preferred.--——No par
$6 1st Cum preferred——No par
McCall Stores Corp
;
*.l
/
9% May 19
7
12% Jan
4
8% Apr 17
17% May 20
3% May 15
1
1,000
102
*95 '
"16%
163/4
..
*6%
31
•
102%
1023/4
*5
5%
16%
11%
■
;
$3
"
300
9 3/4
11
102-
*95
7
*6%
7
10
-82
93/4
•
103/4
?
1
16%
16%
16%
93/4
103/4
10%
10% >
*95 //102
10%
*75%
82
*9%
93/4
93/4
93/4
10%
11
1% -V
4
43/4 Jan >2
•
No par
Co
May Department Stores
Maytag Co
*
1,300
•
35%
1%
23/4 Jun
•
pr
Alkali Wks
Mathieson
1%
35%
1%
Elec
Master
1,000
169
36%
36 %
36
-
200
x21%
169
*164
169
*164
169
*162
3%
21%'' 4
21%
'
/
1,800
3%
—5
preferred—100
Marshall Field & Co
-No par •
j Martin (Glenn L) Co_v—
i-l
Martin-Parry Corp.-—No par >
' Masonite Corp_^__—>
No par
2,900
22'A
*20%
203/4
24
Market St Ry 6%
19'A
•
Marine Midland Corp.*——
'
93A
18%
24%
24
24
22%
21%
24
*23
,
98/e
9%-
9%
9%
9%
/>.'■> 2%
8%>, •>,> *8%
2%.
2 34
'
83/4
112
Feb
N
'
*2%
3
x5 >
*23/4
5%
—
~
*2 3A
3
5%
5
3
*23/4
—
5
5
>
3
>>
:>
5 •>
5
5
:
23A
100
23A
5Va
■
7,000
.
,
Nash-Kelvinator
17%
14
14
*16%
18%
14
18 VA
*17%
•
14'/a
18
14
<
13%
'
;
-i
■■
*6%
6%
6%
*6%
.100
'
Co
—1
13%
14
13%
155
154%
■
43/4
6 3/e
'
:•
63/fl
14%
14 "
14
155
4%
45/8
4%
15 ■':
National
1,400
Nat Automotive Fibres Inc—
6%,> >>-
400
6%
500
14%
;.
15
*154 VA
155",
*13
>>>.
.
7,000
155%
—/."'I'.
200
15%
/>&>>
*7%
13%
16
;.7%
13%
14 >"•'■
14
14%
*5'A
5%
'/ *53/8
"5%
t
500
16 v>
3,100
*
>
15%
163/fl
*7%
13%
16
15%
>
6,400
-
> 7%
13%
"■*>
15
5
16
5%
"
16
*7%
■
*13
15
4%
4%
:
'
'
■
63/4.
>63/4
,:
154%
*13
15
*13
4%
15%
.
1,400
>
:
4 Va
13%
7%
>
7%
"7%
>>,
-
7.%
7%
:. xi4.
1,200
-
>>•
14 Va:
3,700
'
Ju~-
5%
_
X:'
*5%
9V4
*8%
•14
20%
20%
20%
•
_
5%
*8%
.>
Acme
—
6%
conv
National
—1
—10
preferred—
Aviation
-10
•
7%
preferred-
May
140
May
*14
16% p
.
53/4>:
9 ii:i
*8%
20'A
20%.
16%
■
"*14%
•
>
'9»A"
20%
.;->>•
■p>>_
4Va
*4
> 20%
20%.
*143/8
16 %
4'A
16%•
..
•',;;
800
&
33/4 Jan
11,
;>>
20%
20%
> 4%
4%
1,400
Nat Distillers Prod*——No par
3,100
>:
National
•>' * 14 V2 >16%
.
4Va
Nat.Enam & Stamping——_No'par
4Ve
-
,
13'A
149%
>
13%
149%
*126
*68
68%..
'> 68%
69
13
13%
1234
150'A
*147%
152
134
*127
ir.
134
*30
69% V
13%
13%
*147
152
14% >
14%
143/4
*14%
31
*31.
32-
Xl4%.
15:■:■:• r '.
31
>•
68
% \n-
14%
300
5,500
National
•.
Lead
152
200
V 7 %
preferred A—
10
6%
preferred B—
.■>44%
>••
*9%
>
■
—
——
■'
■''
*.4'A
53%
.2%
2%
*7%
8V4
For footnotes
6%
see
>
44%
4%;/ ;■.•>> 4'A
>>:
I3/4
15
■•>
7 Va
2
443/4
45%
4%
:>> 4 3/s
4%
44%,,
11
*10
11%
10%
*48%
49%"
491/3
50
*55
57%
56
45 Va
» 4V»
;
56
*10
10%
50
*23/4
V
7%
rj
3
7%
7'A
:
.
,.
?2%
8
*63/4
3
8
7
(".V
:
*2%
*73/4
7 3/8
•
3
'8%
7%'
■
>/;
*
Nat Mall •& St'l
National Oil Products Co—*
Cast Co-*No
11
r
'J
*73/4
7%
3,100
National Steel
National .Supply
100
51
200
•
,'v '■
3% ;
>
8%
>
7%
National Power & Lt
1,200
4%
56
56
3
'■'•>1
3,200
.
'
50
2,900
300
1,400
•i
$2
conv
—
Corp——
(The)
Pa*
preferred
5%% prior preferred—*
6%
prior
preferred-—
National Tea Co—
Natomas Co
Nehi Corp
—^
—
166% Jan
11
Dec
18%
Jan
175%
Jan
'15
Feb
17%
Jan
12%
26
2
x
;•
Dec
3%
6
5 Va Jan
16% Jun
•
> 9
Dec
10
Jan
Sep
93/4 Apr
"143/e July
Dec
11
Jan
163A
Sep
Dec
1
9 Ve Jan
24
>7%
Feb
10 Va
••17% Apr 24
%. 14% Mar 17
223/a Jan
27
17
Apr
25%
11
8% May
3% Apr
60
Jan
11% Apr
•:.,•
.
Sep
,
1
Dec
'20%
Sep
3
3%
Dec
8%
Jan
5
58 3/s
Dec
93%
Jan
12,
12%
Dec
72
Mar
16'A Jan
25
>
>
19%
Sep
'
160%
Dec
176
! Jan
138
Nov
154
Jan
May
6
168
Jan
29
Mar
17
146
Jan
7
14% May 13
29% Apr 28
1% Apr 16
35
Jan
20
3 Ve Jan
5
433A May 28
53% Feb
5
42
May 14
6% Jan
28
4
93/4 May 21
•16% Feb
25
8%
4,
Sep
Sep
4% Jan
129
•:.
8
16V2Apr
28
2
9Va Jan 17
"
.
145
4
,
14%
173/4 Mar 17
■•
Dec
24
>
Feb
26
36
Ju..
Dec
'
,
2%
Dec
7% Mar
Dec
-
68%
Jan
7% July
Dec
16'A
Feb
Nov
453/4 May 22
•
63
Feb
6
41
68
Sep
51
70
Feb
5-
43
Feb
75%
Sep
Dec
5
Feb
May 19
No par
6 3/8 Apr
53/4 Mar
28
7
Feb
3% Jan
2% Mar 30
——No par
Dec
160% May
14
2
No par
—*
Dec
3/4
6
6
19
Jun
par
100
100
5Ve
133/4
'4
Jan
Dec
No par
25
—10
—40
Jan
3%
*——100
100
500
«
•
45%
-
v..
49 Va
2
Jan
7%
Dec
> 7%
12%
—
400
31% >31%
1%
57
...
page 2159.
44
,1%
*54
,
—
1%
l3/4
*47»A
*10
11
50
'
—
13/4
X44
43/a
53%
;
,
45
43/8
*47
—
13A
23 3A
2%
1
'
1%'
133/4 Dec
7
—a—'—10-
Co.**
5
4
6% Jun
5% July
5% Jun
*1
Gypsum Co_——*
Sep
Jan
4% Jun
/
14% Jan
$4.50 conv preferred*!—.—No par
134
•
.
15
:
14%:32 5 >>
31 »/4
133/4
*127
-
!
69%
*148:
»
134 >'• 134
31
14%.
..
13
150'A
134.:•
*126
—
68;
68,
23%
18
>
2.
7
May 13
123/4 Apr 30
4% Jan
9
'6% preferred—**————10
&
Jan
14% Jan
8% Jan
12% Apr 23
No par
Share Corp
10
Register——No par
National Cylinder Gas CO*
*1
Nat Dairy Products!
.——No par
National JDept Stores——
No par,
"
68
—
.>•• ~~
Sv
4
*8%
8%
*8%
"
4
5%
Bond
*
'
'
5%
>>
••
Nat
Nat Cash
5
16
1
-National Can Corp—j—
2
Feb
24%
5
.100
National Biscuit C6
13
x
5% Apr
.
6% May 16
—**5
Corp
'
*154%
14
14
"■
■
14%>
e%
•
■■/;> *4 >■
2
16% May 27
13% May 26
3
Apr 24 . <
5% Jan ' 5 /
'
■
...■
'
133A
180
6%
4%
6%
14
*154
—
6%
*6%
155
133/4
„
*6%
17
'
3%"
3%
6 Va
i gvh
*6%
>" '
/
*33/4
7
i ; 3%
:
4
133/4
3%
14
"
3% >
17
I73/4"
*16%
-
3% Jan
—5.
Nash
Corp—*,.—
Chatt & St. Louis*-—
'
■>
1% Jan V 6
No par
Nabco Liquidating Co___
5
2
9'/a Feb
6
8%
Dec
11 Va
Oct
7% Jun
4
6%
Dec
9%
Apr
•
-
May 30
$ per
share
June 2
*12%
*123/4
133/4
703/4
*70%
73
35
*32%
35
106
*1053/4
106
24
23%
23%
23%
7%
7%
7%
»105 3/4
24
7 5/a
7 3/8
' ;
:
19
19
103
*99%
•
12
4%
4
13%
*12
*12
:
N'port News Ship & Dr Dock
1
$5 conv preferred
.No par
New York Air Brake
12%
38
38%
1,800
37
37
37%
13%
133/4
133/4,
*13%
4%
*4
13
•67,
*12
13%
69
13
69
68
*83 V:
90
*83
90
•83 r?:
90
*83
33
*26
33
*28
33
*28
31%
*83
3/8
•ft
%
•ft
%
jj2
Li
ft-
ft
1V«
1%
1%
1 %
1%
*1%
1%
%
%
*ft
%
%
•19%
20%
19%
197/a
19
19%
22%
*183/4
22%
*19
22 %
*19
147
147
147%
*110%
8%
x77/a
8%
45%
•44%
45%
45%
45%
44%
*44%
45%
*44%
45%
*44%
10%
103/a
103/4
103/4
*89%
903/4
*89%
903/4
5%
5%
5%
5%
*105%
1093/4
7%
7%
•44 %
45%
*44%
44%
445/a
44%
*110%
120
Jan
27
10
17% Feb
51
>
Dec
15% Jan
Aug
Feb
47%
Aug
Dec
24%
Jan
Jan
23
15% Feb
5
110
Feb
6
18
26
8%
Jan
100
ft Jan
3
% Jan
2
% Jan
14
Oct
1063/4 Dec
112
Jan
100
preferred——
North America Co—
6%
300
,
Mar 26
Jan
108
Mar 10
6% Mar 31
10 :
115
Jan
50
39
ft
.115
Feb
:
60
Dec
Aug
Jan
ft
ft Jan
1%
Feb
ft
Oct
%
Jan
23%
Dec
19
7
Dec
14
179%
16
109
10% Jan
Oct
35
Sep
26
' Jan
27
Jan
6
Jan
31
Jan
27
Apr 29
53
9% May 21
14
85% Apr 14
4% Jan ' 2
96
323/4
215
Dec
Feb
50 %
"
Oct
17%
Jan
58% Jan
Apr
50% Deo
x
Jan
Jan
119%
h
9%; Dec
5
52% Jan
25
Apr
50 \
preferred series—.
39
42%
•
233/8 Jan
192
143
.
100
—
preferred series
53/4 %
19
Jun
3
15% Apr 29
:
Jun
110
2
1;
Sep
Apr
18
8
% Mar 11
—5
8
4% May
2% Jan 27
100
/V
3/4 Jan 27
100
Norfolk & Western Ry
Jan
25
6
12
54
Shipbldg Corp part stk
Noblitt-Sparks Indus Inc
'
Dec
109
400
45
45
7
10%
May 26
Adjust 4%
46
116
Deo
6
Feb
30% Jan
273/4 Jan
July
Dec
183/4
May 20
preferred
Jan
26
157/e Jan
6
Jan
.-11% Aug
106% Mar
31
N Y
15,000
8%
45
5
80
120
8%
50
preferred
non-cum
Conv
700
10%
7%
9
2
4
May 25
123/4 Apr 15
61 - May 22
—No par
fN Y Ontario & Western
193/4
147
73/4
120
'110%
120
7%
A:'
22%
2
2
Jun
19%
Jan
32% Feb
Jan
31%
Apr
5% Apr
109% Jan
v'SL0% Jan
par
12
}N Y N H & Hartford
6,800
21 %
147% 147%
♦110% 120
148%
147%
147%
1473/4
*noy2
20
20
*19%
11% Jan
Dec
110
Nov
22%
100
100
*183/4
No
16
July
79%
45%
Dec
105
.50
1,000
.:•:%
20
Dock
30
25%
17
Dec
-31%
Feb
1,100
i%
352
^6
No par
preferred
10%
1 'A
%
100
Corp
Jan
4
11% Jun
—100
14
30% Feb
28
t per share
69% July
2
Mar
Jan
N Y Lack & West Ry Co
il
*ft
par
N Y & Harlem RR Co
33
*1%
*
Omnibus
York
5%
40
90
*31%
.
New
300
13%
70
No
Central
10 3/4
27
75
109
Highest
t per share
35■
26
27
10
17
May 21
May 27
May 21
May 26
18
99%
237/a
6%
par
preferred series A—
NYC
800
4%
*65
90
*26
,
6%
200
14
13 %
69%
York
No
N Y Chic & St. Louis Co
600
12
*4
New
15,600
?
12%
113/4
4%
68
100
700
7%
123/4
4
13%
1,500
7%
69
69
'.
193/4
363/4
13%
4V4
*
Newport Industries
25%
243/4
243/4
/
7%
1,500
101
*100
103
24%
1,000
7%
18%
18%
18%
*100
243/a
73/4
13%
38%
133/a
133/a
7%
100
10
1
preferred series A
Newmont Mining Corp__
14% Feb
5
Jan
70% May
28
Apr
104
Mar
22% Apr
7% Apr
,
No par
(J J)
5%
50
11
serial preferred—.100
conv
Newberry Co
100
'■'35":/.
108
-24
23%
18%
24
*ll3/4
36
39%
23%
,
m
7
*32%
*1053/4
7%
23%
100%
12
39'/a
35
106
„
43/4%
20
Year 1941
:■;/;! Lowest
$ per share
t per share
1
Neisner Bros Inc
73%
Range for Previous
■
Highest
lowest
Par
'•'/v.vOV"
133/4
*70%
35
1.8%
7%
*133/4
*12 3/4
106
24
12
12
133/4
1
On Basis of 100-Share Lots
r
exchange
Shares
$ per share
share
733/4
35
100%
24%
7
7'/a
7
;
■
101
24%
24%
*24 Vs
106
183/4
18%
♦99
;
106
,"V \*32%
the Week
*13 /'
733/4
13 3/4
70'/a
Range Since January
STOCK
NEW YORK
Sales for
June 5
/;
•70s/a
133/4
*70%
*12%
*33
f per
f per share
f per share
if per share
■
June 4
June 3
v.
Friday
Thursday
Wednesday
Tuesday
r
June 1
STOCKS
high sale prices
and
low
Monday
Saturday
Monday, June 8, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
2156
:
57%
Jan
'
103/e
*315/8-
*1% *
/
89%
*89%
5%
5%
35
*1%
2
-
-
83/4
*8%
63/4
6%
63/4
63/4
23%
23%
9 '
*8%
*1%
Northern Central Ry Co...
.50 J
100
100
Northwest
1,100
35
200
.
Air Lines..
Northwestern
No
50
;
7
10%
93
08
July
;
No par,
1-
'
Deo
11% Jan
14
2% Apr
34
;
:
:•
Jan
,3/4
6
Feb
26
18
'
Oct
40%
7% Jun
28
Mar. 2
38:
Jan 20
20
50"
Sep
•
Nov
•
23/4
Dec
Jan
•
'
Preferred
27
'
•8% Aug
113% Nov
Dec
107
-
17% Jan
Dec
33/4
108% Jan .19,
100
par
Telegraph.:
;
Apr
2
8
Apr 14
31% Apr 27
No par.
Norwalk Tire & Rubber.
I3/4
*23
27
21
May 27
27% July
: Dec
•
*8%
8%
63/4
63/4
63/4
6%
6%
23%
23%
*4%
4%
Norwich Pharmacal Co...
8%
*8%
.
1
-
8%
*8%
8%
Aviation
Northern Pacific Ry__
Nor States Pow $5 pfd
40
5,000
-4
American
'
*30 s/8
1%
*23
2.7
*23
8%
8%
8%
*1%
l5/s
*1%
2
♦8%
,
32 % •32%
i'
9
35
-
105
105
106%
*313/4
'•
.
27
*23
28
•23
35
5%
*105%
8% '
*8%
*32 V.
•
903/4." '
5
106%
105
83/4
8%
•
10 3/8
89%
106%
*104%
,
10%
-
5%
53/8
10%
90
10 %
*89 V4
North
2,800
10% Jan
8% Apr 28
2.50
7%
6
133/4
Dec
Feb
O
24
*233/4
"
-
*71
%
3%
*3
■
*3
■■:
900
*71%
75%
*71%
753/4
*3%
♦51
5%
v;,V
*17%
19
*42%
473/4
*42
42%
42%
47%
*42%
473/4
%
>117
•
*117
♦117
*117
—
'
47
•47%:
47
' '
••
'.
47%
47%
:
100
*42%
183/4
47%
"
47%
*117
•
48%
Outlet
10
.J
*8
8
8%
8%
8%
8%
*5%
53/8
5
5 Va
5%
5%
5%
5%
380
18%
19 V*
18%
18%
18>/a
*17%
19%
173/4
17%
130
113/4
12%
10%
11
*10%
11
103/4
vio%
10%
11
380
*12%
133/4
13%
•12%
14
133/4
13 Va
;i3%
18%
;18%
*25 V2
25 V2
•
17%
25%
-
17%
*25%
17%
18
253/»
•
,/
18%
>-
"25%
>
.
25%::
15%
85
*83
85
15%
15%
*15%
84
-
84
*82
85
140%
*140
.<
142%
*140
143
2
2
2
2%
2
-
2
2
5%
2
:*5%
2
5%-
5%:
1%
l
v-u;
*
105;
*90%
n
108
108 %
*
1%
1%
23%
i
*26%
*90%
105
14%
1073/4
•>i *15
17
*1%
1%
1%
*
23%
14
23 %
*13%
*5%
%
183/4
19
18%
18%
18%
*46%
48
*46'/8
48%
•46%
64%
64%
13/4
*1%
65%
65%
*64%
*l5/8
l3/4
*1%
1%
1%
1%
l3/a
*1%
105
14 s/8
*15
•14%
15
%
*15
*1%
*104
105%
*104
105%
*104
105 %
*363/«
37%
1%
38
21
37%
37%
37%
37%
*{i
1%
*14
203/4
20%
20%
20%
'
*4
4%
5%
37
36%
18%
18%
*20%
21%
*20%
211%
*4%
4%
5%
*5%
-
*4%
*5%
53/8
36%
19%
21
19%
205/a
♦32%
33
43/8
4%
5%
sy*
61
•59%
23
223/4
23-
32%
32%
33
59%
59%
*58
.61
8
7%
43/8
43/a
-•sy*
23%
*32
♦59%
4%
21
4%
5%
33
60
/
65%
'
•'
65%
'69:
100
:
69 *
99%
8%
8%
8
*98»%
66%
65%
-*98%
>98100
8
:.
,
72
71
~
99
*97
*
"'
100
par
l%Jan
37% May
11
.100
104
36
8,400
200
2,000
1,200
■
4
May
Oct
120
Mar
52%
Dec
43/„ jun
100
prior preferred
100
preferred—;
100
36
series
Apr
.19% Jun
"•
5
4
2
20
3
6
4
28
1%
43/4
1%
10
7%
»
Feb
5
4
Apr 28
5
Mar 9
*
.
6:
22% May 21
x
6
'32%
1
40%
49
Apr- 27
7% Jun
3
.
76%
28% Apr
■
•
-55% Apr. 24
*
100
,
^98/ May 20
/
10%
"75 :
107*%
" '40
;<
* Jan
19% Aug
126
Jan
163
Aug /
Dec
Dec
Dec
Apr
Jan
4%
93/4
3%
19%
10
*
Jan
Aug
Jan
Dec
Jan
1% July
Jan
Jan
Dec
37%
106
16Vfl
.115%
14% Apr
18
Oct
Dec
2
Jan
24%
143/a
V*
63/«
43%
73
1%
Dec
Dec
Dec
Apr
Mar
Dec
Dec
30%
20%
1
14%
54%
89%
3%
Jan
Jan
Jan
Dec
Sep
Sep
Aug
1
34%
11%
108%
173/8
Dec
Apr
Dec
Dec
Dec
Dec
14
-
1
7
Mar 2
May 23
Jan
9
Jan
9
Jan
5
Feb
5
.
<
20
36%
%
18%
43%
41
5
24
; 7
Dec
7
21
Jan 13 .
5%
Jan 5
•
-4%
Jan 14
23%
Jan 14 .
35%
Jan 30 69 -.
Jan . 7
' 6%
Jan^6
: 72
Mar 23-- 105 ;
38
Jan
Dec
*
Dec
*
'
*
Dec
Dec
Dec
3% Jan
52July
17% Aug
>
112% Mar
25% Apr
25
Aug
-- 64 "
Sep
23/8 Aug
30% July
11% May
60% July
Jan
Dec
Dec
Dec
Dec
17
;
5
27% Jan
5
.
Nov
Nov
Jan
Jan
% Feb
19% Dec
99
May
10
Feb
95% Feb
2
21
21
19
27
30
6
5
25'A
15%
11%
28%
•;
■
29% Jan 24
18% May 25
.
No par.
/Preferred 4%%
.
;
Apr
% Jan
12% Sep
73ft Nov
6% Dec
17% Dec
8
5
6
4
9
Jan
2
Jan
44
Jan
13% Feb
108% Feb
24% Jan
^3% Jan
46% Jan
l%Jan
22
Jun
7% Jan
51% Feb
May 19
15% Mar
1
Philadelphia Co 6% preferred—:_50 1
.$6 preferred—
No par.
Phllco. Corp—'.—
_.3Philip Morris & Co Ltd.1...—__:_10
10
'
Co_.
2
1
May 15
18% Jan
50
Petroleum Corp of America
4
74
par
No
No par
Pfeiffer;Brewing Co——No par
Phelphs-Dodge Corp..!
__25
.
'
100
*97
,
No
Pet Milk Co
700
:
-
8%
'
Cement
100
5%
900
24 »/$
*57
56% May 1
1% Apr 14
10
100
,5%
•
'33 fy
*32
60
Corp..
18
360
-
17%
%
20%
55%
80%
2%
__5
650
5%
,
.22%
: 23%
4
,
,
'
8
8--^:
8
Jan
56 %
'
Dec
Mar
IVa Apr /
1% Apr
29% Jan
10
Pere Marquette Ry Co
300
37%
18%
33..
22%
23%
43/e
5%
43/a
*5%
*4%
37
36%
.
17
8
ft Mar 20
13% Jan
2
44
Apr 15
par
preferred
RR
Pepsi-Cola
40,800
18% ..19
4%
36%
18%
22
21%
21%,
•
13% May 20
Peoples G L & C C (Chic).
tPeoria & Eastern Ry Co
500
1%
4%
21
5%
24
19% Apr 29
Peoples Drug Stores Inc
38%
1%
Coke
&
May
l%Jan
par
Pennsylvania
17,800
*fi
18%
19%
22%
*37
36%
'
v
18%
26%
10
May
4% Apr
Jun
5
Jan 27
Feb
5
2% Jan
No
>$7 conv pref ser A
G1 Sand Corp
18%
1%
11
Coal
28
100
15%
114%
2
——_No
Co
Penn
20
*16
20%
5%
*4%
*36%
18%
iff
«
21
20%
*16
20%
Ford
(J C)
Penn-Dixie
300
105%
20
18%
37%
*36%
*\}
X193A
*16
Penn
—
11%
•:
193/4
21
18%
21%
Penney
38
*104
11%
*11
38
*11
20%
&
•34
*34
113/4
*17
Penick
1%
*1%
1%
38
18%
Patino
100
l3/4
*11
21%
Jan
60% Aug
'
38% May
;
1% Jan 27
2
2.50
12,000
3,400
/
Jan
Jan
Jan
Jun
Jan
No par
Transportation
Mines & Enterprises
50
15
.1
Parmelee
*1%
*34
105%
3
3
3
Apr 20
No par
Co—
&
Parker Rust Proof Co
l3/4
38
-
Jan
23/4
53A
2%
18%
8%
•
100% Apr 23
1
100
*i%
113/4
Davis
Parke
2,900
66%
*34
Tilford Inc
&
Jan
11% Apr
1
100
...
200
66%
*11
Inc
19 Vb
19
*47
12
21
-
Jan
Jan
10%
Dec
Jun
> Jan 15 >
31 • Jan 17 ,-26% Dec-.
18% Feb 25
11
Feb
101 • Jan
2 :■? 95
Dec
148
Jan 7
147% Apr
20% Apr 28
90
Mar 6
par
,100
3/4
15
*%
66%
48
Pictures
1
1
preferred
1st
v
5
No
Park Utah Consol Mines
900
l3/e
48
*11
*17
Park
23%
■
18%
6%
l%Mar 6
5% Jan
2
l%Jan
2
11% Apr 23
7 > May 11
r
.5
Corp
Transp
preferred
conv
»
1
Inc
Cos
Paramount
17
65%
*33
*104
4%
500
14
&
Paraffine
15,000
V
Petrol
300
-
48
1%
45%
Sep
17%
40 y» Apr
16
Jan
Jan
150
4un
33/4
5
;
Mar 28
,15
20
13 a/4 Jan. 3
74
Apr 25121
Apr
4
..10
Panhandle Prod & Ref
105
23%
14%
X18%
,28
l3/a
American Airways
Pan-Amer
48%
;
140
21% Feb
13
Feb
22% Apr *27 -:
No par
Car
Motor
>15% Apr 28
100
Pan
66
l3/4
6%
93/4 Dec
r
8% Jan 27
6% Feb
3
.
>
■
par
preferred
600
15
233/8
.
u
19
104%
120
54
27
4% Apr
100
35,900
1%
111
13/g
23%
231%
48
*16
Apr 28
9V4Apr 27
7
Jan
5
.
par-
No
—
Packard
14%
*.
...
Pacific Western Oil Corp-i.j
*108
17
13/8
Telep & Teleg—
6%
&
Corp——.1j.No
3,200
*90%
114
17
1.3/8
Pacific
73/8
28
14%
14 5/8
Mills
10,100
1 Vfc
1%
*108
112
•
73/b
Ltg
Pacific Tin Consol'd Corp
*7
28
145/B
*%
5/a
26%
108 3/4
•
23%
14
5/8
1%
*90%
14
24
*13%
1%
Gas
Pacific
170
17% £18
18%
17%
73/8 ■:L'P *7
*1
105
*15
17
*15
90 %
14%
143/4
14%
108
17%
*7
Electric..
Pacific
Pacific
5%
2
26%
9
Dec
2% Feb
>
<
9
Feb
»
22% Feb
10
64
]'
.25
(Cal)
4.100
5%
2%
26%
26%
26%
*25%
5%
2
,
2
6% Jan
,
4
mm — mm
10
«;
'v 2%
5%
2%
17
1
:
•' ,v
28
Jan
61
6% Mar 27
'
.10
No par
No par-
10
f
2%
5%
7%
*7
73/B
*1
17 %
16%
17%
'
•
43% Apr 25
;
5
Co..
500
*140 'V 143
143
*140%
2
"ft 5%
•.
2%
2
2
16%
•7'
15%
*82
2d
Coast
preferred
preferred
1,100
,
153/4
85%
1st
Pacific Finance Corp
2,000
f
26%
26
Pacific
<
100
*15%
153/4
'
140%
•
*13
16
153/4
v;
175/B
25%
17%"'
17%
*84
•13
18%
Co.. ——12.50
Pacific Amer Fisheries Inc
800
5%
:
;•
{ "■mm'mm.'
28
13 % Jan
142"
2
42% Jun
■
.•3% Jan
-
23% July
Dec
'
'
8%
5%
8
43/4 Jan
X
100
„
Glass
*
Mar 20'
.
July
'
Feb
2
May 27
6% Jan. 12
79
Jan
0
«
51
Jan
2
16% Apr 28
.;
5
——
Owens-Illinois
4,500
8.
PPr
132
■4
Co
Preferred
r
48%
48
8%
473/4
—
2
Jan
10
63% Feb
13%
24k-...
2% Apr 28
100
.'8% Jan 26 f
*
2
2 it.
11% Mar 12
V
_
preferred.....;
Outboard Marine & Mfg...
.
59
.
..No par
./ Otis Steel Co
v $5.50 conv 1st preferred! —No par
700
20
51
18%
1,700
52
*17%
52
51
19
•
6%
1
5%
5%
53/s
53/8
51
19
Otis Elevator.
2,800
;
;
L
146
29
Jan
2% Jan
100
preferred A
Oppenheim Collins———
•
'i'-
.
13%
13
*135%
;.5i
523/8
*17
;
13%
146
17
6
8%
/
■
33/e
*3%
3/4; '
.
13
6% Apr
—
Oliver Farm Equip....
Omnibus Corp (The)
800
.
*17%
52%
*50
-
37/B
24
'♦136
140
5%
5% V
53/s
5%
5%
*136 •
:
23%
33/4
12%
123/4
;
>
•:
23%
4%
3%.
♦3%
123/4
Ohio Oil Co
5,200
7
4%
,*23%
r-
76 .-r'.
*71%
33/„
■
*135%' 140
140 '
*135%
:
753/4
123/4
123/4
123/4
.
; :4
753/4/
*71%
4
•
4%
4%
4'/a
-
>
Dec
May
Dec
'
Mar /
May
27% Oct
"7% Apr
7%' Jan
35%" Jan
47% July
91
July
12% Jan
897/a Sep
110% Dec
;
,
sS..
.,*6%
8!
•*6% '
.
34%
34 %
343/8
8
*
•
-
.
'72
*62
72
*62
v
8
34%
34%
•
*1%
*453/4
'16%
*97%
*26%
*5
•46.
,
*7%
8%
>*46
'
1:
114
*26%
*97%
*60
<
70
4%
173/4
*97%
28
♦60
8%
8%
49
17%
114
*7%
3
-
28%
28%
5>/4
70
*60
70
-
8%
V-
*8
*
-
.
114 /
4,000
•
100
10
900
500
5%/;..
-.
——1
200
8%
'145
*165%
1,000
70
8%
*145
;
'28% 4
*5
'165%
*4%
4%
4%
V
4%
4%
4%
4%
-
.
Phoenix
:
Hosiery—i.——.
4%
52
4
••;••*
4
*45
51
:
22
21%
21%
63
62
62
7
*152
*151%
1%
11%
1%
113/4
For footnotes see page 2159.
7
*6%
*1%
*11%
4
*47%
4%
*4
-
•45
52%
:V '
*20
22
60
60
7
1%
11%
52%
7
*6%
1,600
*13/8
*11%
22%
5
Preferred ——————100
| 43
15% Jan
•
-1
Pittsburgh Coal of Pa
-r
fcil00
3-
Pittsburgh Forglngs Co
.1 •
Pitts Ft Way & Chic Ry Co—.100
"7% preferred—
.100
Pitts Screw & Bolt
.
..
22%
*6%
223/a
*58%
7
•
—u.-
60
'
-
r:
250
40
5%
-
!
5%%
1st
ser
conv
7%
200
pr
_100
Pitts
Youngs Asht Ry 7%
1%
*1%
1%
300
Plttston
*113/4
11%
11%
11%
300
Plymouth Oil Co
Co
(The)
'
>165
Feb'19
165
May23
4
.100
5
i
f.
.100
pfd—100
No par
24
May 23-
7% Apr 29
;
.100
pfd
Pittsburgh & West Va
*152
No par
preferred class B
preferred class A
_
>
No par
Pittsburgh Steel Co.—
7%
52%
5
*
4
Apr 17
4
May 2
47Va Apr 28
21.
Jun
4
60
Jun
3
6% Apr 25
1
Jan 22
ll3/8May25
'
51%May> - 77
July
35% Feb 5; ' 46% Dec L
/1 Vs Dec»
" 3%"July .
,
■
.13 ^Dec
1093/4 Oct
43/0 Feb
6
2% Dec
363/4 Feb
5 / 27
Dec
6% Jan 15 *
-4% Dec
88 /Jan 21.'; •/•••84':'-. Dec
May 25
f 59% Apr' 29
"
- v
9% Jan' 14
165
Feb 19
175" Feb 25
*
y52 'July "
Feb 13 ' x38% Feb
18yaFeb;:8;
——1.
3-
-
26% Apr
..100
No par.
$5 conv.preferred—I.——.No par.
56
May 2
'
; 6% preferred-.——
Pitts Coke & Iron Corp.;
78: ; Jan 17
v
Pillsbury Flour Mills————i.25
*13/8
1%
11%
■*:
400
4%
4I/4
*45
60
-
*152
♦152
'
4%
-;r
.
21
60
22
*62
7
;
^ ^;Jan ^7^- S ,>4%'May.n:/ - -. 9 * Aug,{-
6
'^30
Apr ,27- > .41s/8 Jan;:2
43/< Feb' 25*'^ .2% Feb. 13
'
*4
,*48
May
65
100
iNo par.
Pitts DC & St L RR Co———.1100
33/4
:-4 28
•7% preferred..—
Phillips-Petroleum
.J
173/4.--
*23/4
*165
*4%
fillips.Jonea:P0R
'
^
55 ^
•97%
*145
•
:
r
■£
*60
8%
:
i
-
17%
114/
3l
*5
5%
72.
*45
49"
17%
3
*5
2
49
28
5%
2
*1%
2
3
28%
*5
*155
17%
3%
*140
r
'155
4%
*1%
:
17/
*3
/
2
| ' 49
*97%
28 %
70
-
16%
114
5%
*60
'140
49
165/8
33/4
*3
•
*1%
2
..8
*7%
*4 35% i/35%
35%
34s/tt
,.
*62
72
'
.
:'
••••8
*62
72
..34%
-
-"*7%
'X:
-•62
23% Jan
109% Oct
.
'16% Dec
; 163
Aug
* 174
Mar
..
5% Jan 14 /
33A
63/8 Jan 5
4
Jan ' 6
45%
Jan
3 :
24%
Feb 14
51
Jan 26 \
6
;
' ' 7% Jan
" "46% Jan
V 8% Jan ;;
84'
Jan
15
' 166
'181
Jan
Oct
Feb
Jan
Jan
Jan
Jan
Jan
July
Mar
July
July
*
7%
/ ' 95/8
65
Dec
43%
Oct
75%
Dec '
15
—
— •
I64
Mar
184
1% Jan 20 ' /
ft May
* ' l3/4
14% Jan 28
133/8 Dec
v; 17
'61
33%
"70 ,
10%
Dec
Dec
Feb
--
*
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4079
Volume 155
2157
NEW YORK STOCK RECORD
LOW
Range Since January 1
STOCKS
Friday
June 4
Sales
June 5
Thursday
June 3
June 2
June I
May 30
Wednesday
Tuesday
Monday
Saturday
SALE PRICES
HIGH
AND
NEW
the Week
for
STOCK
YORK
On
'*
$ per
*15
*15
16%
♦15
16%
.•*3%
.4
15
4
*3%
14%
3%
37a
4
*15
17
*15
17
*3%
15
Pond
16%
/
5%
6%-
•227a
5%
■3*5%
3%
15%
4,100
6%
2,100
9%
22%
45%
45 %
*116%
117%
*1117a
78%
90
*87 74
♦111%
1X2%
21%
21%
21%
21%
■
■
'
"
7
774
7%
7%
7%
*94
96%
-96
,
96
-
847a
82%
827a
10%
93A
9%
*9
9%
*9
*87%
103%
'111%
112%
112%
22
95,>
.94
,85
150
•>
>
42
No par
No par
100
100
100
J
$5 preferred
6%
preferred
7% preferred—:
8% preferred
Pub Ser El & Gas pfd $5
?
No par
Pure Oil
No par
6%
600
5%
(The)«:
>
-*
10
*9
•9
9%
-io
9%
9%
9%
10
*9
9%
10%
9%
Purity Bakeries
1,500
Feb
13
3%
Dec
8%
5
4%
Feb
13 y8
Oct
Jan
3
5%
Dec
137a
Jan
Jan
3
678
Dec
13%
Jan
Jan
Jun
21%
3
21
Jan
6
50
Dec
Mar
4
115
Jun
Jun
14 V2
863/e
x997a
111
123
Jan
8
Mar
Mar
Mar
Mar
3
30
31
30
30
Apr 28
Sep
July
11%
Dec
110
Dec
123%
106%
Dec
137
117
Dec
158%
114
2
Dec
75 3A
Dec
117%. Oct
Dec
2974 July
19 3A
.4
;AA7
10
Jan
2
101% Jan
2
91>AJan 20
107# Feb 25
874 Mar 11
Jan
617a
120
92
Jan 14
Jan 14
Jan
9
Jan
6
115
Feb
26% Feb
Apr 24
Jan
Jan
40%
Dec
52
10
Quaker State Oil Ref Corp
15
119
No par
:
Jan
17
90% May 13
82
Apr* 1
9% Mar 11
100
-100
preferred
.
preferred-
conv
•
^
2
May 20
Apr 16
21
7
No par
.,500
,
Jun
16
$ per share
5'A Jan
7
99
111% Mar 19
3,500
'
Jan
Highest
$ per share
Feb 16
97a
62
7373
797a
-
Pullman Inc
85
Jun
115
Year 1941
Lowest
$ per share
17
100
3,200
7%
.'94
•
*
,
>
22%
7%
7%7>T7%'
*94
83
90
.
400
s
..
share
15%
8%
83A
29'A
par
No
Gamble—
&
5% pfd (ser of Feb 1 '29)
Pub Serv Corp of N
100
103%
22 "H" 22%
94%
83
.
90
Procter
7
5,600
70%
77%
84% " 84%
94
10
*82 7a
*111%
•7%
"7%
■
.
10%
77-
103
103
-
22 'Kv .'"'
40%
*68%
78
•
•87% '
103%
10
per
Range for Previous
Lots
Highest
9%
5%
63/a
25
;
-
.7,100
100-Share
163/a Feb 10
37a May 21
par
No par
class B
Co
preferred—No par
Pressed Steel Car Co Inc
1
:
5% conv 1st preferred
5
5% conv 2d preferred
;_50
500
46%
71
78
89%
*102%
1127.
♦111
11274
21%
71
*76%
22%
117%
•46 V4
•117
10%
9%:
*68%
*68
103
103
i
9%
9%
9%
69
*87%
90 VrV
22%
78%
69
*76 7a
'
22'/2
;
No
Pocahontas
Creek
Postal Teleg Inc
•
7
22%
k 46 %
116%
•
22%
44%
103
103
*5%
116%
24
9%
78%
*87%
;
7
457a
;■yt
71
*76 7a
*5%
117%
.
97/a
*69
6
57a
'
7
45
*22 7a
45%
117%
*116
5%
5%
5%
6%
15%
♦116
24
447/a
■
15
*5 7a
6; v;
5%
*5%
■
14%
157a
Poor &
600
3%
15 y4
V-;.
'
147/B
$
Par
Shares
$ per share
$ per share
$ per share
$ per share
•■■■$ per share
share
Basis of
Lowest
EXCHANGE
Jan
Jan
Jan
-
Feb
12
Feb
94
Jan
29%
>
Dec
9574
Aug
<8%
127a
Oct
9% May 19 7
..
Mar
Dec
1077a
83% Feb
x
Dec
8Va Apr
12% July
R
2%
2%
3
49%
*82
*35
*16%
17
24%
12%
38
*17
17% \
8%
24
24%
*24%
!8%
%
34%
*33
36%
'100
17%
*17
.17%
1 8%
8%
8
8%
25
25
12%
*12%
25%
25%
•24
26"
26
*20%
22
*20%
22
21%
21%
*21
*1%
2
*1%
2
*1%
'2
24
-
*45
50%
*45
*12%
13%
*11
*24%
*6%
7
8
8%
63%
*62%
*41
43%
*41
43%
14%
14
*95%
717a
*4%
*109 7a
112
*109 7s
6%
6%
79%
*77 7a
4%
4%
4%
24%
4%
*4%
24%
247a
10
7
500
*7
8
*7
8
*774
7%
7%
7%
73/4
73/4
700
Rustless Iron & Steel Corp_
*A
%
*A
23%
23%
23%
23%
23%
23%
23%
i/»
%
%
*%
3*2
*%
%
*
*3%
34%
34
34%
108 %
15
15
15%
14%
14%
14%
*81
82
81%
81%
*80 y2
10%
14%
30%
30%
112%
113
*112%
113%
107%
107%
*108
30%
30%
30%
114
114
•1077a
3*2
A
%
30%
*
*A
*%
*%
11
11
'
•
7%
7%
*8
8 7a
8
54%
53
'
■
"
r
'
——
!■
*21
v
i;J
■
*111
—
>"■
*
•11%
13
*20
*111
17
A
9%
10
-
17
*13%
7
6%
*10
2%
*128 7a
131
*128 7a
19
19
*129
177a
17%
17%
9%
*9%
9%
9%
10%
.
10%
13%
13
23%
1%
*2%
*2%
*33%
.■
50
*33%
*18W
■
.
.
18%
;'r::
25
33%
25
•31
57%
57%
3%
37a
•
*'V"—
■
-
:i'.. •' -'39
108%
——
>>
.— —
■
A
A.;
->>
*108
'■■V'T:
■
-
\
3 A-- ;V
*92%
37a
93%
For footnotes see page
.
2159.
.
3
43
93%
»3
'
177a
107/«
13%
24
25
4,300
*35
40
1%
27a
*33%
50
18%
I
-
24%
37a
*39
A
*108%
•
-
•
•
40
29 V2
29
•
*41
.
3%
•
-
•
93%
A
-'
3
*93%
24%
'43
1%
2%
■
109%
•43
18%
24
*31
56%
3%
*39
29%
*108 74
*42%
27a
37a
94%
3
*93%
.;V-
•
5
85'A Jan
19
•
12,700
Dec
15% July
7578
Dec
95
4
5%
Dec
10%
Apr 23
3474
May
6
54
Jan
27
49%
Dec
53 Va
Jan
9
Jan
15
774
Feb
127a
Aug
83A Jan
16
6
Apr
9 "7a
Jan
5V4 Jan
20
2%
Dec
107a Jan
5% Jan
21
48%
Nov
2
% Apr
27
26
347a Jan
27
2
% Feb
5
32
Dec
7a Jan
3
7a J an
27
•A
Dec
May
7
2
6% Jan
29% Apr
30
44
Jan
110
Jan
5
15
7a
May 15
78
25% Apr
17
9
May
8
Apr
Apr
47
Sep
1067a
Dec
113
Jun
127a
x
Jun
23
87a
.
33
Jan
A Mar
10% Apr
Jan
4% Jan
Jun
31
Dec
1097a
6
116
Jun
107
10
109% Mar
Feb
10
7a
1 7 Jan
28
74
Dec
1374 Jan
5
1174
-
5
A
112
•
'
V
50
187a
24%
25
34
25 7a
56%
37a
<7
v
A
110
V
45.
-
94% •;
230
-7
3,100
iivA A
30
3,300
37a
*94
420
110
,
45
*42%
*108
;
A
41
*10874
•
1,900
v.
37a
3%
297a
A
29%
k
;:w-
—
200
57
40
40
A--.
200
34
*31
56%
...
r
*
20
v
'
•
»
100
A:'
3 74,",:.
94%^: A,
-,
37a Mar 24
17a
Apr
Jan
5
49%
Dec
78%
Jan
1
47a. Dec
107/a
374 July
Jan
Jan
6
48%
Dec
7174 Jan
7
Jan
par
4% Apr 29
par
54% Apr 29
474 Mar
par
par
.—5
6
20
."
22
32%
2
10%
47a Jan
2
14
147a Jun
4
174 Mar 24
14
26
22% May 27
193/a Apr
.100
65
110
16
Jan
287a Jan
23
3
Apr 29
100
Jan
112
Jan
28
Apr
29
20% Jan
par
*9
Apr 15
1374 May 18
137a Jan
Feb
15
67a Mar 11
87a Jan
14%
5
-1% Mar
1
14
—5
6
■
Apr 24
2674 Jan
26
2
144% Jan
27
3574
18
126
Apir
•
15
27a July
193/a
Jun
Aug
200
150
Dec
16%
277a
"13%
Dec
Jan
29
20% Jan
10
97» Apr
20
12 7a Jan
5
arlO
Dec
8
Jan
143/4
Feb
197a July
—
—
10
No par
Jun
Jan
26
187s Feb
5
2
357a Jan
24
5
507a Mar 24
2374 Mar
Jan
5
May
3% Feb
6
2
par
12% May 20
100
233/4 Jun
.100
347, Jan
1',3 137a
1174
367a
Feb
19%
•
—
.
174 Apr 24
No par
1
_No
274 May
par
No
par
1
(The)
No
4
17a
2
377a
2
Sep
Aug
Nov
Oct
Jan
67a July
Dec
60
Mar
69
July
Jan
8
1774
Dec
22
July
317a Jan
6
27%
Dec
393/4 July
»
17% Apr 28
217a Apr 28
20%
31% Apr
,
■
28
37
Mar
24
27%
Apr
387a July
49
par
No par
,..2
16,
60
Jan
3
547a
Aug
60
14
47a Jan
6
Mar
2% Apr
67a
3'J: Dec
.
Dec
Jan
—.
No par
35
Apr
27
457a Jan
14
34%
Dec
57%
Jan
1
preferred-
28
May 21
383/a Jan
6
.3174
Feb
40 V*
Aug
Dec
117 3/4
Aug
487a
Dec
Square D Co
5% conv preferred
Squibb (E R) & Sons
$5 pref series A
preferred
Aug
Mar
14% Apr
Spiegel Inc
$4.50
237a
25
Spicer Mfg Co
$3 conv preferred A
Brands
Sep
Nov
7.50
preferred
Standard
-
103/4 July
Edison.
__
A 11,400
Jan
Jan
187a
Feb.»
120
Oct
•
-
257a July
•
par
Jan
Jan
114
Dec
1%
13
x
Jan
Nov
7 112;
Feb
13
16
17
5
Sep
303/4
77a Deo
27a Jun
15 3/4 Jan
Apr
Jan
9
133/a
Jan
Dec
27a
Feb
4
17
'
Dec
6
par
Feb
1117a
Dec
67/a
21%
•
Feb
95
6.
•'
•
Oct
18%
V
2
2
;
Dec
Nov
,
22
9
Apr
1
V
Dec
117#
•■■:•
Nov
-
16%
Jan
6
% Apr
•
59
40
:
•
<
Dec
14% Jan
24
57a
•
.Dec
Apr
34-
2 72 Mar 28
117s May
No par
15
4
-
-
Feb
51%
4
-574 Jan
3074 May 21
10% Apr
374 Apr
15
6174 Mar
Gas Co__
Spencer Kellogg & Sons
Conv $4.50
July
60
No
Ry
Sperry Corp
•
2
preferred
$5.50
Jan
% July
7% Jun
57.
2
No
Sparks Withington
*17%
74
-•
17
Dec ^
July
Jan
Spear & Co_>—
*3378
-
•
Jan
21,
Sep
-11574 Mar
53
No
100
Sep
Sep
397a
Dec
23,
2
May 25
43% May 6
100
California
900
Sep
177a
947a
Apr
,79
9
36% Jan
16
1127a Apr
106% Jan
X
_No
t c
Sugar
17a
Apr
6
July
35
3
167s Feb
39% July
74 Feb
17a July
20
89% Jan
Dec
Jan
Aug
4
3
19% Jan
106
1
Deo
27
•
3
Apr 30
9% May 19
12% Apr 28
A
474 Mar 15
Jan
Nov
14% Aug
42
27
Jan
^3 Jan
47
Jan
14% May
874 Dec
197a Mar 20
19
20
13
17
Jan
14% July
Greyhound Lines—
3
July
Dec
preferred-?
Southern
Sep
6%
77a
Corp
ft27a
18%
37a
87a Jan
E0%
22% Dee
par
10
Mobile & Ohio stk tr ctfs.
50
*108
•
—
1%
1%
■
Apr
5
23
._10
Southern Pacific Co
4,200
24%
24
Apr
60
-
12%
*35
Sep
97
20
-74
27
Feb
May
34% May
Vt Feb
No par
Southern Natural
900
Jan
129
3
Jan
129 3/a Mar
Feb
3
preferred
Southern
1,000
10
10%
*108
•••
8 %
•
127/B
577a
109%
.
*
9%
34
*108
~A.
17%
9%
131
11
Jan
Coalition Mlnes.
Porto Rico
Dec
47a
10
South Am Gold & Platinum.
So
3
14
Socony Vacuum Oil Co Inc_.
800
Jan
63/a Jan
Jan
47a Jan
16
7
15
Smith & Cor Type v
107/a
24%
3%
*41
'
1774
*31
30%
*10874
427a
A'-_
*129
131
9%
*55
40
39%
197/8
97
Apr
Petroleum
S'eastern
101 %
Dec
Jan
No
Snider Packing Corp
100
.
22%
Aug
77
5
No
Pen Co
500
12,300
A-
Dec
96
'
500
11,100
1474
5
23
Jan
100% Mar
8
Oil
Smith (A 0)
200
-
27a
15
193/4
17 7a
34
*29%
-
H O OO rr
4274
.
■
31
23/a
$6
Apr
3% Dec
Dec
par
Sloss Sheffield Steel & Iron.
a
'
<
77a
*147a
19 7a
*129
57%
3%
v
3974
*29%
•i5
7,7'
27a
•
^
V
1174
137a
7
77a
19
177a
:;A
11
.':
A;
■
9% July
..
27 % Jan
No
Skelly Oil Co
1,700
V
Nov
86 3A Jan
19
No
Simonds Saw & Steel
;
12%
*2%
25
57%
112
17%
143/a
43
2
Nov
16
NO par
Simmons Co
Simms
80
*111
(W A)
Silver King
300
2,700
2374 A.
.
13%
2%
*33%
•
-
18%
25
34
;
—
•
2274
22%
*69
107a
14%
*1874
50
18%
f
r
10%
*17a
2%
1%
Shell Union
12%
*36
61
par
1
No
Corp
(Frank G)———
Sheaffer
10%
'
1%
3
1%
__
.
Dec
27*
5
$3.50 conv pref ser A
A'A'^-
23%
.
42%
*36
43 74
34
par
_No
Sharpe & Dohme
Shattuck
■■
12%
12%
2574
*36 7a
2
14
100
preferred
400
.;
11%
*20
Steel
$5 conv
-U-
10%
10%
23%
13%
25
10
■'
•*
■
■
9%
,
*
4
.
1 v8
17%
1774
*9%
17 V-
Feb
4'A Jan
No par
Inc
Sharon
100
34
•27a
14
2%
131
5 7a
A
No
Sears Roebuck & Co
3,600
.
14%
177a
*16%
6%
19%
6
2%
;A..
%
*111 v. 112
14%
*1974
131
80
10 7a
•
Jan
48
2
par
Seagrave Corp
Servel
600
,
5872 7
14%
S
800
30
A: *|§
>,'.'
:•
*
22%
*13%
*14 7a
677*
7
No par
fSeaboard Air Line
"
1474
2%
14%
20
*19
•17 % A
.
11%
2274
227a
*69
:107a
6% A: 7
274
15
V v
:
112 A
13%
*14%
274
2 7a
80
18
*20
23
Dec
No par
No
Seaboard Oil Co of Del
5,800
55
4%
*31
17a
7
*14 7a
-
2%
22%
537a
Mar
6
Sep
53
Apr
-
$4 preferred
12,100
>
:
■V
56
*
14%
* 1 s
*16 7a
•
14
•
11%
1174
13%
*111
10
-
14
6%
--
A.
A
2%
7%
6
:
A
57a
*2%
1 78
2
5
4-2%. preferred
54%
:
*54
34
2%
*69
112
-
*4%
*31
137a
22%
80
>
5 8 7a
V.
,•
18
*20
22%
*69
*56
*2%
*
23
♦227a
,v >
;'
A'.A
17a
*13
6 78
67a
-.
13%
•
2%--
13
■
18
9%
5V4,--
•
*117a
*13%
—>
54%
11%
*2%
112
*17%
-
-
.
80
874
54%
r.r.
63% Jun
100
Co
preferred
$4.50
10
i.
87a
6
Nov
9
—5
.—v — •
300
■
'
llVaA
*1174
117a
8%
34
•
:
Corp
100
-.
77a
*31
,
22%
*69
,.
*4%
-
-•
■
Scott Paper
250
7a
7%
34
y
23
22%
,
5
800
116
A
7%
587a
Jan
10%
par
Schenley Distillers Corp
5 7a % preferred
2%
•
>
200
53%
*11
17a!A>
*18
5%
v
*56
*
5,800
7a
274
*31*
•
,
2%
13
12%
-
•
-58%.,
*4%
-
117a
2%
•
,
'—
34
-
11%
—>
*56-
-
5%
*4%
*31
•
..
57
r
6
5%
6
5%
*
5574
8%
,127a
Apr
7
6% Apr 28
65/a Apr 30
33A Jan
6
100
143A
j3e
%
7a
*11%
54%.-
Apr
,77a
:
227a Mar
100
No
Savage Arms
.
7%
♦54
Dec
97a
6
:
100
—
330
•
2%
•
%
2
100
3,800
31
53 7a
*8 7a
54
57
i-
-
7%
2
93A Jan
100
_
preferred
Safeway Stores
5% preferred
2,900
*108
i3o
*
preferred
5 %
82
*11278
.
2%
52%
8
*53
....
537a
*2
'
-
7% Feb
12% Feb
in
-
10 y4
30
30%
113%
*A
%
,
11%
*11%
274
52%
7%
7%
r
5
1
fSt Louis Southwestern
34'A
*80%
•
par
Francisco__.
108 %
14%
14%
30%
x\
32
.4
preferred—-—No par
preferred
100
conv
Louis-San
6%
700
77a
10%
82
113%
*108
■.
.
*%
11%
2%
52%
53
51%
%
*11%
-
274
274
—> •__
10
No
(The)
Joseph Lead
fSt
12
108
10'/a
9%
St
200
%
%
337a
34%
108 %
10
108%
10'/a
82
10%
*80
*
33%
108
108%
108%
1,100
32
*4
12
10
108%
Jun
16% Feb
Corp
Co
Jan
:
2%
52
^Rutland RR 7%
100
25
*2
7%
*2
34
34
34%
32
*4
12
*4
12
J2
8
7%
*2
7%
?1%
7%
108%
—
$2.50
43
25
v»
V
4
%
*23%
—
•;
*35%
43
{'<s
12
24
Deo
8
x 20
35
10
Ruberoid
A
*3%
Dec
1
Apr
95
May 4
703/a May 14
4'A Apr 23
109
Apr 17
54
May 22
6%: May 20
7578 Apr 29
3% Mar 9
100
*35%
■
197a
Aug
2
13% May 14
600
3 %
%
%
23% Mar 11*
May 28
x55
17%
*
43%
*3*3
27% Aug
7% May 18
•I7%-
4
V*
%
18% July
Dec
103A Mar 11
17%
....
*35%
43
*35%
43
Dec
22 %
Apr 30
6% Apr 24
10
Tob class B
(R J)
Common
Richfield Oil
29%
.J Dec
10'A
27% Feb
No par
Ritter Dental Mfg
No par
Roan Antelope Copper Mines
*3%r
17%
*7%
77a
& Brass
23
263A Feb
15% Jan
11
17%
4
**17
17%
187a July
1% Jan 13
39
Jan i5
No par
100
100
No par
100
100
No par
100
1
Spring
Reynolds
4,900
40
*63A
*35
*35%
*1%
Reynolds
7
4
*3%
*17
*
500
4%
24%
40
•
—
40
79
78% Dec
Jan
11% Jan
Apr 24
2
preferred
Reynolds Metals Co
5%% conv preferred
400
6%
*77%
2174 July
6
5% %
57%
*6%
6%
79
Dec
23A Jan
'-1% preferred
112
*52
147a
38 V* Jan
Revere Copper
*6%
8
7%
*107%
8
17
1
600
4%
557a
20
25
Republic Steel Corp
6% conv preferred
6% conv prior pfd ser A
*36%
*7
7%
75
4%
4%
Oct
38% Mar
100
100
6,700
40
*6%
:
14%
Jan
46 y2 Jan
i
Reo Motors v t c
98%
24%
8
4
14%
3%
4
Rensselaer & Sara RR Co
-
40
7
17%
10
*95%
112
24%
Preferred with warrants
24%
*7
Mfg Co
Dec
Dec
5
No par
—10
—1
Remington-Rand
800-
374
*71
-?y 57%
4%
47a
*6%
*3%
43
*3
75
*77%
7%
*17
*41
;.
6%
6%
7
6%
300
98 7a
*107'/a
7
*6%
63%
45
*40
45
*62%
Reliance
>
Jan
2
11% Apr 16
23 3A May 28
100
Reliable Stores Corp
•
24%
24%
24%
2,000
14%
-'*52
79
4%
4%
:
200
8%
3%
4%
57%
*6%
& Co 1st pfd
Jan
88
3'A Jan
23% Jan
il00
-
4%
627a
Dec
23
8
5
-
200
11%
42
*71
112
*77%
79
■
i
Real Silk Hosiery
Preferred
•
Rets (Robt)
6%,
*6%
*11
;
30
63 y4
14
4%
*53%
*
6%
*6%
787a
*40
*107 7a
57%
.
8%
;
*95%
74
4%
112
*52
57%
*52
.
2
8%
11%
42
14
*71
4%
4%
*1%
6%
'
'
*">• 3%
987a
*95%
71%
4%
72
*71
987a
'
"
13
*62%
:
3%
13%
14
13%
*95 7a
987a
3%
3%
3%
3
-
Dec
Dec
85
Apr
15% Jan
—
'
63%
*41
43%
2%
55
*11
8%
8 '/a
63
8%
4
62%
*48
*11
11%
8%
8
62%
*11
11%
52
6%
6%
*6%
6%
«
11%
11%
2
50%
13%
-
*6%
*11%
100
*11%; 13
50%
*11
22
2'A
47 ya
Apr
34% Jun
50
•'V.4% lst preferred—50
; -4%
2d preferred^—i—.i—.—50
Reading Company
400
*1%
,
*45
50%
11%,
25'%
*21
22
700
,
.
3% Jan
54% Feb
88
6
28
Apr 25
2
No par
—>i—1
V :;••;•'$3" preferred——i-.i-i.i-—.25
300
12%
88
-
•-
2,900
*24% .-'24%
12
12%
Radlo-Keith-Orpheum
6% conv-preferred
Raybestos Manhattan
Rayonler Inc__
I,,—
.
100
:
46% Apr
No par
—1
>100
$5 preferred B_
1,400
*25
24
•
*2%
2% Mar
No par
$3.50 conv 1st preferred—No par
1,400
<•
102
2%
*17
-
24%
*12
12%
12%
12%
*35
8%
8%
8%
*24
17
,
,
*8
34%
38
7
2%
Radio Corp of Amer
29,200
51%
*80
.
*2%
f
17.
*35
37%
<
2%
2%
3%
51%
50%
102
*80
102
3%
3%
50%
50%
50
2%
2%
3
*80
2%
2%
2%
50
102
49%
49%
102
*82
2%
3
—
100
.
108 74 Jun
1
Feb
11
497a Jan
6
114
par
__
_.
40% Apr
9
No par
1117a Apr
20
113
Jan
8
'7 2% Apr
29
5
Jan
6
No
No
par
par
8974 May
2
110
Jan
8
111
477a
108
Dec
—
—
.-3%
;
Dec
Jun
—
67a
—
Jan
113% July
.«V
■* <<*.
'ty vW'l: '
w :
t'V '
t a •?.(- •
t
•>
V'v;- *f«»
'•*
.•
May 30
$
share
per
~
June 1
.
■
$ per
$ per share
'
fie
6V4
6%
6%
6%
•
19%
193/s
>
19%
31
*24'/a
26
>>,
83%- : 53%
&
6Va
;
6 Va
3%
*41/4
//:
*4%
4%
•
I
,
120%
r
:
3%
3Va
19%
/ *19
22%
4Va
4%
4%
,4%
32
'.■&&?* ia4
/:•; ,/ 7% '
-
>
;
.
2%
29%
i-
*5%
51/2
*4S8
•
—
4%
9V2
9Vo
6%
6%
•I
■>■—
■
t
'••••'/1-
:
;
'r.'
-;
50
*45%
*7 Va
7%
73%
3?''4
33%
33%
33%
2%
2%
*2%
2%
*2%
29%
29%
29%
29%
29%-
5%
51/4
5%
5%
5%
4%
4%
4?a
4%
9%
9
9
9
•
-
/
50
*45%
*45%
.
*3%
43/4
.*•;
V..
,;X'
:
•2
*434
51/4
<434
*18%
20%
*17%
*
5%
ii
*%
%
9%
9%
*8%
*8 Vis
8 ',4
8 Va
8 Va
8%
86%
R6i^»
86%
861/2
86 '/a
;
25%
25%
253%
36 %
36
36
v«
4Va
*8%
9 1/8
noy,
<i is
11%
*10%
IS
5%
5%
*11
101%
Thompson (J R)_i_
*19%
20%
*19%
20%
100
*3/8
V2
%
%
100
*8%
93/4
9%
9%
200
8'/«
8%
363/4
4%
9%
9%
4'/a
9%
9'/4
;
•5%
•
600
2%
300
34% "
Jan.
5%
Au g
16%
■l
>6
Sep
Feb
46%
,
Feb
Dec
14
20
*5
Dec
10 Va
Jan
41% Jan
20
32
{ Jun
44%
Sep
Mar )0
i2
4%
Sep
Jan
28
38
,Dec
May
43/8 Jan
5
343/4 Feb
27
30
•'
Jan
'1%
Dec
4%
Jan
3%
Jun
6
Jan
34
Jan
"
53/4
May 20 :
7"
50
•v
,
33/4 Jan
12
3
6V4 Jan
3%
•
20
•
27% Jan
7
243/4
li Feb
5
%
5
Jan
Dec
Dec
95% Jan
9
95% Aug
99%
22
May 20
34% Jan
5
27%
Feb
35'/8
32
May 20
43% Jan
6
Dec
43/„ Jan
6
10 3/s Feb
2
*
Sep
4
Jan
•
3/4 Mar
4
Jan
5%
Jan
Dec
1
14
17%
Jan
11
67% Mar
5
Dec
2
Jan
Dec
%
75
Jan
7%
Feb
,
9%
7% Jan
10% May 21
-5
23% May 20
9%
16% May
May
%
1% Jan
3% Jan
13
21% Jan
403/4 Feb
6
6% Jan
29
4%
5
27 Va
5y8 May 16
Sep
24
Dec
'i
l3/4 July
Dec
Feb
27%
Sep
Dec
16
f
Sep
II1/* Aug |
Jan
19% Jan
1
10% Aug j
6% Mar
2
,Jan
,
.
8%
123/4 Mar 17
3
83/4 Jan
.
51 %
Dec
373/4
"
28
7% May 15
No par
No par
100
preferred—
Jan
11%
6
Coach Co
1%
Dec
Feb
lie
•
Aug
8% Apr 29.
85
Mar 28
11
Twin
40
93/a Mar
13
10% Feb
Sep
5Va July
18
7
10% Jan
2
July
60%
Dec
Feb
140
,
Nov
ii Mar 27
4
200
t'
Dec
60
w—
63% Aug
16
24
3
8% Jan
Sep.,
73/4 July
Jan
2
preferred
38%
9 % Jan
6
18% Apr 23
Corpw—i
City Rapid Tran
4% May
Dec
Dec
33/4
.
Dec;,
11% Feb
-
;
Jan
'5% Mar
19
$1.50
38'/a Aug
9%
!'
2
Jan
.
5% No Vf
>
3%
30 %
6
Sep
Dec
-
2
t;
Aug
:
Dec
34%
,
7% July.
vDec
1%
/
Jan'
July.;
•24%
3% May
27
Jan
v
25
Dec
Jan
Twin
...
Dec
3%
■
23/a
3; * Dec
7
5%
*5%
23%
5!% Jun
33%
33
51/2-
*5%
18% July
Nov
•-.No par
Truscon Steel Co.—
-10
20th Cen Fox Film Corp_._wNo par
'•
*2%
Dec
593/, Jun
Truax-Traer
5.200
2%
*33
5%
5%
%;
10%
21
Dec
preferredw—1—lw--_i-No pat
$0
200
22%
Dec
1%
*■
'
90
5%
12%
-
193A May
16
—_1
Tri-Continental Corp.
9
9%
1% Apr
No par
Transue & Williams St'l—
1,800
<
11
*.
w
Thompson Prods Inc_.
.
9%
*23/8
34
34
900
22%
10
*223/4
2%
-
23%
10
9 la
1,800
1
*11
11%
*11
11%
1,700
;
60
*5%
'
5%
-:5%
23
18
-
61
*59%.
.<
11%
*10%
59%
1
Vis
15
61
>
11%
*10%
11%
4,300
27%
36%
4%
36%
4%
200
f
27
26%
35%
.
90
*87
89
1,600
8%
8 Ve
.
Ry_w-_
Dec
3
••
Dec
July/;
Jun
3%
16'/a
5% Jun
-No par
Thompson-Starrett Co—
No par
$3.50 cum preferred.;.
No par
Tide Water Associated Oil-—10
$4.50 .conv preferred—
No par
Tlmken Detroit Axle.l
—1-10
Timken Roller Bearing—j__ .No par
TransamericaCorp.__w.__w
—2
Transcont'l & West Air Inc
,5
Avenue
126
Jan
117%
14
•1
3% Apr" 15
30
Jan
2
.100
,_25
Third
2%
5%
*5%
5%
*5V4
41-
1—1
10
—
preferred_-w
100
9%
35%
35
36
*35
Co..l_w
$3 div conv
—-i—'
9
23
2%
2%
Thermoid
3%
34
66%
27
63/8 Jan
-
2 Vb
,
—.100
_lw-.ww__.-i.
Apr
•
'
5%
25%
*11
10
23
Pieferred
B'/a
.Jan
3
<
63/8 Jun
The 'Faitw-J—par
100
-
50
May 26
383/4 Maf 27
2%
4%
*5%
11%
10
2%
*2%
5%
23
23
23
'• 5%
*11
11%
10
x
2%
preferred
conv
*5%
26
61
61 Va
$3.60
*2
36 V4
is
61 %
65 \'>""
*61 Va
Thatcher Mfg Co
83/a July-
Dec
34% Jan
•
15 "
Nov
Dec
50
6
5
6V4
4'A
16
Apr 28
8 3% Jan
Dec
33/a
93/8 Jan
Apr
Jun
66
-
? 39% Jan
2
:'■> Jan
40
*
33%. May 21
2% Jan
Dec
•48%-Aug
'
3% May
Apr , 28
28
Dec
4%
5 V: May 13
.
a,
7
4'% Apr 28
7% Jan
2
5%
*86'/a
♦lO'/a
iS
:
300
43%
51
7% May 14
—1
.100
No par
~*.-No par
2%
89
,""/8%
11%
.
<
7%
20.
Texas & Pacific Ry Co_—*
8 Va
1
4%'
9%
*8%
4
Texas Pacific Land Trust
800
9%
■
*35%
-
4%
4%
4,600
%
•
25%
26
35%
■
'
;
*5%
i
*8%
10
1,700
II1
Apr
30
Sulphur.-.-.^—No par
Texas Pacific Coil* & Oil—__——1 Of
*2
19
*il
%
'
Apr.
1% Mar
Texas Gulf
5%
-
Xl9*
19
34
*30'%
•
4%
*30%
;4
32
9
5%^r particpreferrfed-iw.--_i.50.
Telautograph. Corp_„:___.
...5
Tennessee Corpus
_._.6
Texas,C0riThe)r_wi^_iiw.+__-_vw25
Texas Gulf Produc'g Col-—No par
9%
*3%
3%
I
—
Mar 26
4
2''i
*2
.51%
*3%r
~
34
*31
2%
2V4
*2
3%
500
2,600
5%
*45%
50
*45%
3,700
2%
31
*2%
2%
*2%
50
*3%
/-,?
33
*31 *
33
'
*31
,2%""
1,000
33 3 4
*40
43
*40
300
73%
*6%
7%
*6%
42
*2%
3%
x33%
•"
6%
6%
•
>r
■■
*38%
33,4
*314
7%
Talcott Inc (James)
;
„
Corp_____._..__l
Symington-Gould
30
1%
1%
/
.
4001
35
■■
,y
;
800
4%
4%
*32%
35
*32%
4%
*4
!»■';
1%
6%
43 "
2%
2%
Swift International Ltd
1%
'6*8
2V4
*2%
1,400
3%
4 3/4
"
v/i.•'■'■'VII
2,500
23
*1%
9Va
/
23
7%
5 1/4
•39/
,.
Dec
,
Nov
34% July
46%
Dec
29
55% Jan
126 ' Jan
' 5% Jan
15% Jan
1% Jan 14
133/4 Jan 3
20% May 6
3% Mar 6
25
Jan 26
24% Jan 28
5% Jan 5
"3% May 27
203/4 Apr 30
19% Mar 11
Swift &
4%
4%
>4%
35
Vi
43
f.
*39
4%
'4%
w™
223/4 Mar
25 Va
Feb
33
,*•
Jan 6
May 19
Jan 27
Jan" 5
Feb 21
56%
' 6%
4%
5%
5%
21% Mar
25% Mar
331
'9 ?,
3 >
14
9
43 ... Apr 28
116% Apr 13
'
33/8May28
11% May 13
1
Apr 28
9% May 20
173/8 Feb 13
No par
22%
23
22%'
par
—1'
pfd' (4%%
22%
22%
*32
2%
200
;
4%
'
*"3
43/4;
4%
;'' *4%
s' 9
20
'
*3 '>
*
4 Va
29"
5%
>
-
22%
33%
29
.ii
-
4%
v
600
10%
19%
23
22%
71,'a
*2%
2V4
29Va
4%
*3
22%
33%
33%
33%
/
10%
'
223/4
7%
'■
7%
..
10%.'
20
10 1/8
*19%
600
1%
1
1
1
11
200
13
...No
.
(The)—
"
Jan
4% Mar
Dec
;, 17% Mar
34% Jan 16
.
1%
•
Dec
10% Dec
,
■
227/a Feb 5
27% Jan 6
42% Jan 27
33% Jan 3
May 20
,
42 , Apr 24
5% Jan
2
3% Mar 9
4* Apr 16
33/4 Jan! 2
"
.—5
cum)—100
Sunshine Mining C0„_—w„—100
Superheater Co (The).—_No par
Superior Oil Corp.—.™
1
Superior Steel Corp....
100
Sutherland Paper, Co_.„10
Sweets Co of Amee (TheH
—12%
2,900
3'/2
3%
*12%
20
1%.
*t%
13/4
3%
12%
*9%
32 Va
•-.Class A
24
_
Sun Oil Co„_v—.•—-;—
80
/•
25%Apr'28
IncA—i—I
Websten
&
Stone
Studebaker Corp
"•'*
3%
•l'/e
Stokely Bros & Co
700
122%
122
122
12%
3%
13
*1
•4%.,
*4%
37
*4%
*32%
500
4,000
30% Apr 24
__No par
—10
L%S
Corp™—
3,100
:
48
47
453/4
453/4
*121
Stewart-Warner
400
4%
4%
4%'
;
4%
4%
22%
223/i
4Va
;
:
3%
4%
*19%
22%
22%
223/4
22 V2
;
'
.
*3%
33%
4%
'
22%
6%
4%
3%
■
*6
(The)
Sterling Products Inc—
1,100
56
55
6Va
•4%
*12'/8
43.4 ;
*$Va
43%
54%/.:
*3 %
45%
19%
,27
Starrett Co
3%
120%
11
Standard Oil of"Ohio.—,
100
4%
120%
;
700
13%,Jan 14
.,
%
8 3/4
1% Jan 6
11% Jan 14
% Apr 25
5% May 14
6
Apr 28
18Mar 14
20 " Apr 28
25
i_23,
Standard Oil of New Jersey™:
-13,500
f
~
Standard Oil of Indiana™-™——25
'
*5%
"
6'/a
;45%
w
Z; 1 Va
*19
25%
54%
54
35%
•
,
of Calif™——No par
Oil
Standard
>311/4
*25%
25%
26
V2
-4%
12%
*9%
10%
*9%
.31%
-
,$7 cum prior preferred
•...
7,700
6,400
'23%
35 ■"•-.
31 Va
■r-i
45%
n
1 Va
*1
4%
12 Va
13
*12 Va
353/8
*30%
V, '' j 4
120 *r-v 120;
3 3/8
3%
120 V4
34%
30%
53%
4%
v*4^%
45% '45%
35%
i6'/a
-'3%"
3%
4%
22%
'
'
200
2,200
20
20;;
22%
'
*
7
77/a
19%
19%
22%
V
22 %■
*25
v
61/4
3%
4%
v
53%
*4%
3%
4
26
*6
.
7%
34%
31
"53%
.
.
*6%
7%
30 3 4
35%
*23
35%
30%
34%
31
34%
/
21%
Gs/a
7%
19% *
19 %
21%
19%
21%
19%
'
21%
;
65/e
No pa1*
No par
No par
preferred—;
$6 cum prior preferred.,..
$4
600
1
1
lVa
;
share
per
Va Nov
'■
„
r
Highest
$ per share
7
i7« Jan
.% Jan" 2
' v
Year 1941
\
Lowest
$ per share'
$ per share
Par-
No par
Standard Gas & El Co
200
>,
Range for Previous
:
Range Since January 1
\: On Basis of 100-Share Lots
•
•
Lowest
' . Highest
■
EXCHANGE
Shares
•
ft
itr
*1
•
share
*V*
■
7%
7%
$ per
share
/4
•7
•'6
7
,
1/
1%
%
6
6%
r
•' A
.
1
f 5%
J per
share
* %
*%
i if.
1
1
1
5 per
share
ip
STOCK
YORK
NEW
the Week
June 5
June 4
I June 3
Jtme %
>
for
Sales
Friday
Thursday
Wednesday
Tuesday
Monday.
■■
/
STOCKS;
:■/
HIGH SALE PRICES
LOW ANI)
Saturday
Monday, June 8, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
-
2158
9%
Jan
U
r 33
>
*323/4
*8'/4
63%
63%
*
y
8 '/a
33
,
8%
108 %
■
,
lllVa
•
104
105
*103
*10%
67 Va
S
10%
1038
67%
66%
63%
<■108%
111%
10%
10%
v
104
66%- 66%
24%
2i:
24%
94%
94%
23%-
25%
94%
94%
94%
10%
10
10%
10%
13
13 '/a
*12%
113%
*104%
17%
17%
*17%
.....
32
14%
5%
5%
5 Va
*1%
1
3.>,
*4%
4%
4%
*24%
25%
25%
-
51%
53
3%
100
.
13
13%
*13 *
i
3%
#
3%
3
3
V
993%.
12%-
13%
3%
*3
3
3
*2%
'
5
*4%
5
.
*34.
•3430%
7%
•26
-S-
25%
25%
26
26
*2%
2%
*2%
2%
*2%
' 2%
*7% .;
8
7%
>7%
7%
•
24
23%
21%
* S
23%
40%
:
45 J8
108 "
17%
*41'/2
*27
i
28
22%
*22%
22%
>3/4
%
•'*3/4
%
17%
18
74%
74%
40%./v
60
"
"
46 %•'
40
59%
44%
4oy>
59%
45%
109
108%
108%
173/4
*17%
18
44
*41%
44
For footnotes see page
2159.
10
V
U S
Freight Co
U S
*5
26
•34
26
-
*2%
2%
7%
•
8
"107
112
24%
24
22%
%
263/4 '•
1,500
2% •
100
8%
1,400
112
Playing Card Co
Plywood Corp
40%
41 *;••.'•
41 v>
413/4
43%
45%
17%
*43
17%
44
60
60
46'/8
109% -109%
•H 453/4
>
110
preferred...
U S
%:
18%
*59%
Partic & conv cl A_—
600
24%
*3/4
•
11,200
-
2,500
>
1,000
400
60
47V4.:—
173/4
18
18
18%
44
44
44
.
r
Pipe & Foundry—
23,800
1.900
•
1,800
30
U S Rubber
U S
CO_."
—„_100
20
—10
1
>—..—10
1st
^
• •
7 %
Co__.
preferred
283/4
Dec
443%
Jan
.9% May
17%
Jan
?___
/
Jan 27
37a Jan 2
Jun
11% Jan
May
May
May
Apr
Jan
14
13
1
27
30
Apr 28
99
22%
26%
20
1
%
Jan 20
May 1
May 1
Apr. 27
Apr 17
13% Mar 6
54
Mar 10
37% Apr 17
Apr 28
No par
44% May 20
107% May 15
No par
15% Apr 29
25
39% Mar 27
-
28
13% Jun1
Jan
85%
Jan
-
July
Dec
Dec
113%
5
Jun
20
5
35
Dec
52 ■>
15
Dec
21%
Sep
ft
Dec
IV2
Jan
13%
Dec
303/4
Jan
*
3/b Jan >5
'
16%
15
Jan
2"%
1
23/4 Jan 10
Jan
5
<35
27
1 Feb
33/a
30 /
3
Dec
42
Jan
79
Dec
'
4%
:
17
100%
30
8%
Apr
27
2%
117
Dec
15% Jan
4% Feb
Dec
3Va Jan/
;
Feb
87
IP/4 Jan
k
23/a
6
Jan
...
4
5
Feb
•19
July
Dec
13
July
Dec
;
4%
27 /
;
69%
•
Feb
Feb
20
Apr
2%
Apr
Feb
25% Feb
20%
Feb
25%
.24% Jan 25
18 3/b
Apt
Mar 11
Va
Dec
45/a Aug
Dec
:
'Feb
30
1
18% Jun
v
4
13% Dec
Jun
-
4
58
76
51% Jan
14
Jan
<
553/4 Jan
•
3
•
103/4
-
105
>-
26
•
Sep
•
2V8 July
•
>
Feb
>
28%
•(;
Sep
/
103 Va
Sep
43% Dec
65 Va
Apr
Dec
•■76%
Jan
47
Dec
105 %
Jan
•' 5
Dec
46% Jan
14
42
Mar
703%
Jan
130 -r
•
Dec
19%
24
Oct
34V»
Dec
13
1193/4 Jan
Sep
31% Aug
•
69
19
71
Jun
Jun
33% Aug
-
-
Dec
3% Jan
10% Jan
9%
43
•
Dec
5%
54%
<-
Jan
Jan
183
Apr
33
39% Mar 28
111
Sep
July
93% Oct
>
-
9%
170
14
34% Jan
Jan
37%
-
4
63/4Jan
172
4%
73A
■
26
48% Mar
Jan
>
143/4 Nov
Dec
Dec
83
25
<26% May 18
•
10%
Dec
106% Jan
i
Sep
Nov
53/8 July
•
Apr
60
16 ;
Sep
3%
51
May
5
-
Sep
6 Va
Dec
20% May
10
Mar
50
Jun
13/a
6% Jan 28
.
Feb
Mar
44
>
143/4 July
8%
1083/4
•
' Feb 26
112
5
3
Mar 12
2 % Apr, 17
77l/aApr 9
IT Jan 7
58
«85%
•
5
.100
Preferred
U S Tobacco
>
100
—.50
_.50
Preferred
U S Steel Corp
31
1043/4 Jan
2'/8 Apr 28
7
Jan 2
par
No par
preferred
:.
Smelting Ref & Min„^
8%
Dec
6
6'%
40 '/4
159 .
*
4'%
34'%
por> •• 24 %
tU S Realty & Impt———No par
110%
*42V2
No
Co™__._
U S
76
>
Leather
U S
18%
60
S
100
76
45%
U
1,200
18%
IO8V2
'
—
1
28
76
44%
pfd—L100
:
24%'
18
*59
^
V S Industrial AIcohol-.w-w.Na"
Prior
74%
•
U
39%
*23%
;i
100
5%
*27
23%
3/4
167
24%
y 36 3/s Jan
3% Mar 11
^
-10
-No. par
--—-No: par
Gypsum Co
"165
Dec
Jun 4
Apr 17
Apr 17
Mar 10
—No par
U.20
7% preferred™
.100
S Hoffman Mach Corp
5
5Vz1o conv preferred
50
200
18
108%
1st preferred
$6
73
ll3/4 Apr 28
w-
U S1 Distrib Corp conv
2,300
74%
40%
.
130
i 6
c„w__l
U S & Foreign Secur-—
233/4
Dec
5% Jan
United
82
57%
3'/a Jun 1
93% Mar 27
400
Paperboard
Dec
5
3
300
7%
5%
•-33%
---
;
Sep
11%
<
48% Jun
United Mer & Manu Inc v t
Sep
16
29
81% Feb
34V2 May 12
♦
Nov
112 %
•
Dec
133/4 Jan
72% Jan
—5
Sep
1153%
106%
24
4'% Apr 15
1% Apr 28
.
Sep
Jan
79%
1113/* Jan
j
Feb
xl2
par
37%
123%
77% Feb
1
3
17%
/
$5 preferredw
6
253/8 Jun
3%
73%
/
75
1,100
13%
12
Jan
—I—No par
No par
Improv't
48%
2%-
*
900
100
Gas
*6%
27%- -27% '
28
*27
*22%
18%
74%
23%
7/a
'.t
18
60
23
21%
28
*27
*107
•
233/4
United
16
Cos———5
Coal
2
104% Mar 24
37
May 1
-
Co™——-^--No par,
45%
7%
•
7%
"112
23
23%
112
*79
167
'107
*107
112
*107
26
-
12,600
•Upited Fruit;
7%
*34
25%
••
3
6,900
»w
47%
*4%
39%
*34
39%
*3
24%
"165
5%
Eng & Fdy__w—
33/4
3%
82
463/4
167
Electric
United
3%
3%
*7
46%
United
100
52%
•
-100
1,100
51%
-
Preferred
30
4%
1123% Jan
108
Dec
>
60
*30
23%
89
7%
9%
par
—5
—10
.-
39%
26
*25
24%
'7%
*4%
5%
4%
4%
82
-
46%
*164
*38%
38
3%
24%
167
Dyewood Corp
*3|v-
.3%
82
*163
United
13%
*23%
167
400
13
12%
*80%
*163
2
13%
24%
%
2
99%
82
7%
2~
99%
*23%
46
Drug Inc__
3V2
♦80%
7%
United
50 34
4X3%
3%
46
7,100
5,800
99%
24%
7%
1 (i
27,200
3%
82
46%
r.
5%
99%
*23%.
*7
1
12%
3%
*79%
46%
300
18
par
par
3
Dec
Feb
7
5*
Apr 20
24
100
-
Co
Carbon
May 6
Mar 24
May 1
Jan 2
74% Jun
<
par
L—r—No
United-Carr Fast Corp——No
United Corporation—.—
No
% $3 preferred.,
1—No
United
5%
xl2
*24%
51%
3%
3%
5%. preferred
700
—5
100
•—5
Biscuit
5%
4%
4%
48%
99%
United
Transport™.
COw—w—w—No
Un Air Lines
1,100
15%
37
37
26
*24%
99%
3%
3%
9,700
13%
2--
2
'
100
32
preferredw
5%
-
5%
4%
52%
*17%
r>>'
til
conv
"
37
4%
26
51o
•
14%
15%
5
United Aircraft Corp
103/4
'
44
18
9
32
A
/
*1%
<2
39%
*36
39%
"37.
53
15%
5%
5%
+ T
\ %
15%
15%
15%
|,f
*
200
preferred
L———
-100
Car———No par
4%
Union Tank
107
-42%
-42%
9,600
95
42%
107
-
40%
2,100
26%
*1043/4
*1043/4
40 %
13%
>13%
*13
107
39%
17
17
24%
10%
11
10%
10%
13%
t
500
76
*94%
13%
107
ft
76
24%
24%
24
*94%
-
•.
25%
10%
•
Union
7614
24%
17.
Union
24 V4
9434
17
1,400
9% Jan
743/4 Jan
Apr 28
108
100 Va
10
633/4
pfd__.No par
No par
Oil of California—
25
Pacific RR Coa—
-100
Jun
35
2
7% Apr 17
58
„
Preferred $4.50 series
3,400
*75%
'
'
103/e
24%
27% Jan
& Paper——No par
Carbide & Carb—... No par
Union El Co of Mo $5
260
104
67%
76%
*93%
39^.
110 %
10%
24%
75
24 Ve
•10.4%
"108%
60%
*75%
74%
24'
42%
Union
10 %
•
66%
76
108
Union Bag
104
"•
10%
66%
24%
*40
2,700
6,200
104
67
24%
*104%
8%
653/4
65
110%
*108 34
105
10%
M03%
104
8-;
-
No par
Elliott Fisher Co.
Under
64%
8%
>
x64
63%
111%
76
24
8 3/k
8%
34
3334
33
33
8%
8%
63%
63
*108'%
'
32%
33
1,800
35
Jan
333%
•
x
Jan
50%
Nov
Volume 155
Number'4079
THE COMMERCIAL & FINANCIAL CHRONICLE
.
NEW YORK STOCK
LOW AND
Saturday
May 80 7S per share
Monday
■
7.
June I"
HIGH
Tuesday
<
■
$ per share
RECORD
SALE PRICES
Wednesday
■
>(/:■■■* June 2
STOCKS
Thursday
;
June-8 7k r
$ per share
2159
$ per share
7; Friday
ti'y-
June 4
r
$ per
share
»
Sales for
•
June 5
■
*•
•
I per share
J
NEW
1
the Week
YORK
Range Since January 1
STOCK
On
EXCHANGE
Shares
Stockyards Corp
143
II
•V *i2
*25%
-26%
*14%
15
*8%
9
21%
15%
22%
Tob_——
Preferred
22%
■■
7 %
1st
*56
*56
,75
112%
14
;
25-
27%
*71
6%
Dec
5
12
May
1% Jan
1% Jon
>62
Pow
$6
May 6
Apr 24
52% Jan
6
Nov
64
150% Jan
6
140
May
157
Jan
Apr 30
150
Jan 21
133
Jan
162
Oct'*'f
43%
Sep
Ry_
pref
Virginian Ry Co
6% preferred
—No par
6
pfd—100
*25
6
25
——6
Vulcan
.-
■
6%
Detinning Co—
Preferred 1
100
.—100
Vultee Aircraft Inc_-——
18% '18%
,_1
$1.25 preferred———No
por
Wabash RR preferred w i—.
Waldorf
SystemWalgreen Co—
———
4%% preferred with
Walworth Co
'
warr.
Walk (H) Good & W Ltd—.
Div redeem preferred
Ward Baking Co cl A
Class B—
1%
—
preferred
Warner
Bros
:
Pictures
$3.85 preferred—!
11,400
;
I
I
$ Warren Bros Co
100
140
400
Receipts
—
$3 preferred
®
Warren
Fdjf
100
•& Pipei—
Washington Gas Lt Co-
200
i
Waukesha Motor Co
1,500
Wayne Pump Co
i
300Webster
!
—.i
Eisenlohr
1,200
<7% preferred—-7.——
Wesson Oil & Snowdrift.
100
$4 conv preferred—.
*
West Penn El class A-,
7 7% preferred
—;
■'6%
No par
88
106%
99%
Dec
115
Jan
-6-100
West Penn Pr Co 4%% pfd
West Va Pulp & Pap Co
Dec
—100
preferred
6%
89
Nov
107%
Jan
112
Mar
117%
Jan
15
Dec
100
No par
preferred
(
100
104%
Supply Co
—10
Maryland-*'—'
7—100
2d preferred
-——100
15%
Dec
1%
Dec
4%
Dec
Western
Auto
Western
4%
Apr
Jan
20% July
107
Oct
29% July
4% July
9
July
Western Pacific 6% preferred-1—100
Western Unton Telegraphy—'—100
.70%
.71%
72%
123
•
*119
23% 7 24 k
*25%
73
;
<28%
24
25%
101
101
*45
750 k,
'-85 7i;
*76
*76
20%
?
61
-61:
20%
*12%
-12%
3%
:
85
•
13
3%
No par
13%
*13%
22
101
50
White Rock
Min
18
88
Jan
8
May 20
58% May 9
13
May 5
12% May 21
Spr CO—.
3
40
1%
2
1%
i
1%
1%
1%
*1%
.5%
3%
3%
3%
*1%
1%
5%
T 5%
3%
58%
58%
*104
114
*19
58
20
25%
14%
-
*105
26
14%
*14%
..
..
'58%
20
'
*100
-•«
15
140
*113%
126%
*193 % ,'126% ,v
45
45 '
*43
46
*45
49
*43
49
*81
86
*81
83
48%
48%
140"
58%
$6 preferred
15 k
46
%
*43
■
r
48%
•;
*
'•
6%
No par
—
preferred B
83 %83%
48%
49%
Feb
13
45
JUn
2
49
Apr 28
May 6
Apr 24
Wright Aeronautical—
Wrigley (Wm) Jr (Del)
No
par
82
No
pat
39
15
6,200
7
Dec
75% Dec
29
5%% preferred series A_,
Youngstown Steel Door——
2,100
Dec
10% Dec
109%
-
yEx-rights,
1
21% May 6
14% May 18
118% May 27
111
'
t In receivership,
May 25
May 21
100
pfd 4%% Conv series—100
Young Spring & Wire
Youngstown S & T—i.——...
this day.
19
Prior pfd 4%% series—i-100
Preferred
xEx-dividends,
56
107% Jun
Prior
k
48
"
on
6
3% May 13
Yellow Truck & Coach cl B.
•Bid and asked prices; no sales
rCash sale.
sSpecial sales,
15
No par
Yale & Towne Mfg. Co
stock,
1% Apr
1% Mar
4% Apr 29
Worthington P & M (Del)—Nonpar
,7% preferred A—
j.-100
,
...
6
6
10
Pow 6 % pfd
100
Woodward Iron Co_4-.—10
Woolworth (F W) Co
—
10
126 Va
*42
i___1
Wisconsin El
*112 7) 140
*102
3
Motors
6% conv preferred
Wilson & Co Inc—
/115.;
May
15% Apr 23
Wilcox Oil ,& Gas Co—
Willys-Overland
W 19%
26%! > 27
15
*113%
2%
*19 %
26%
*103%
48%
v
preferred—
1%
*
5% i v5%
3%
4
*57
118„.
*19
26%
1%
.
Mar
1% Apr 29
—
*5%
Mar 11
May 25
Apr
White Sewing Mach Corp—
$4 conv preferred
Prior
Nov
Apr 28
20
White Motor Co
3%
Dec
63% Apr 24
23
Wheeling & L Erie Ry Coa..
5%% conv preferred
Wheeling Steel Corp.——
$5: conv prior pref
White Dental Mfg (The S S)
\
;
1 % May
117% Apr 29
Instrument—.
$4.50 preferred—7—
7 62
7
Elec
A Feb
Westvaco Chlor Prod—.
21%
*12%
3%
24% July
101%
21%
'13%
*12%
15
Weston
50
7*60!%
31%
Westinghouse El & Mfg
1st
preferred
——
1
,26
*45
*100%
*
>
120
*23%
18% Feb
Westinghouse Air Brake
119
J
Sep
16% Jan
6%div partic preferred—6109
76
130
pfd—.
Va Iron Coal & Coke 5%
27%
*125
Dec
preferred
Va El &
-i4:
25%'
,
•:
14% Jan
'
Victor Chemical Works————i—5
Va-Carolina Chem_—No rpav
1%
30%'
*111%
9
Chemical Co__4—
5 r/o
19%
1%'
Feb
preferred-—
Vicks Shreve & Pac
19%
,4
42'/s
Hi Jan 19
44
$ per share
Dec
Van Raalte Co Inc_-—
115*
64
29%
%
—6—
*49%
■
7
Van Noiman Mach Tool.
*49% ; 64
85
Jan
Vanadium Corp of Am.,
8%
Vick
r
1
.
$ per share
42
1st
33%
32*
$ per share
Year 1941
Lowest
Highest
47
preferred
*31
32 *
: ;
Vadscof Sales
15 %
,
115
114%
•'
<
8%
-
21%
114%
8%
Leaf
Universal Pictures
•
13
26%
v•
150
41
143
*147
*18
Universal
.47
34% May 20
13
Jun
2
__
Range for Previous
Lots
Highest
Apr 15
•
preferred.
conv
Universal-Cyclops Steel Corp.
13%
*46%
26
$6
JOO-Share
'-i
.%May25
United Stores class A
' 36
13%
of
$ per share
United
*33%
Basis
Lowest
76
9%
Dec
Dec
Dec
Zenith Radio Corp_„
k^Zonite Products Corp,
a Deferred delivery,
b Name changed from Union Premier Food Stores, Inc.
f Called for redemption.
'
g
Name changed from General Theatres Equipment,
n New
<
IIm
Bond Record
Monday, June 8, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
2160
New York Stock Exchange
«»
FRIDAY
WEEKLY
-
YEARLY
-
Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions
in the week in which they occur. No account is taken of such sales in computing the range for the year.
"Interest Period" indicate in each case the month when the bonds mature.
. *
•
.
the
"and
are
column headed
letters in the
The italic
Interest
Week Ended June 5
Last
Period
Exchange
Stock
Sale Price
Low
Sold
York
Week
Stock
Ended
Interest
5
U. S. Government
1947-1962
1944-1954
1946-1956
1943-1947
__1943-1945
1944-1946
1946-1949
1949-1952
__1946-1948
,._1951-1955
1955-1960
1945-1947
1948-1951
1951-1954
1956-1959
4s__
Treasury
Treasury
3%s_-—i
3%s___
314s
:
314s
3%s
314s
3s
:—..
Treasury
3s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
—
27/aS—
23As
23As
234s_____
234s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
2Vis
2Vis
2Vis
2Vis
214s
214s
2'As
2s__
Treasury
Mar 15
Dec 15
__Jun 15
Sept 15
2s
Treasury
—
2s__"
Treasury 2s
Treasury 2s
Treasury 2s__
2s_——i.-———.——1953-1955
Treasury
Federal
1954-1956
——1947
1948-1950
1948-1950
1949-1951
1949-1951
1951-1955
Home Owners'
2'As
series
G
1944-1952
1942-1944
1945-1947
l'4s
series
M
--
*110.23 110.31
Rica (Rep of)
7s_r
>1S51
(Republic of) 5s of 1904_—1944
External 5s of 1914 series A
107.4
108 >
110.28 110.28
1
109.5
110.28
110.15
4
,,107.29
110.17
105.16 105.16
1
105.16
106.9
1
107.16
107.30
:
107.20 107.20
J-D
108.28 108.28
3
107.2
108.31
A Czechoslovakia
M-S
109.25 109.25
1
108.15
109.25
107.5
107.5
110.15
,110.14
M-S
107.20
M-S
Sinking
Apublic' wks 5%s
8s ser A.1951
107.7
§ ADominican Rep Cust Ad 5Vis
109.31
110.14
105.24
*106.20 106.28
•
107.2
§A2d series
>
*104
104.8
103.6
104.6
MS
*103.6
103.14
102.18
103.14
100
5Vis
J-J
101.12 101.12
9
100.24
101.21
J-D
105.18 105.18
5
103.27
105.18
AEstonia
Salvador
46'%
38
38
40
6
26%
42
34
35
5
22%
35
72%
72%
1
63
72%
1940
A-O
*65%
67
U940
A-O
*65%
70
M-S
AO
61%
70
A-O
69
69
2
65
70
12%
12%
1
8
14
—
70
*65'A
—
J-J
*8%
—
extl 6s
1945
M-S
75
75%
65
85
98
66
85
82
85
J-D
*104.17 104.25
103.27
104.24
J- J
*100.19 100.26
100.28
101.5
M-S
*100.17 100.24
100.11
J-D
*100.8
100
100.22
Greek
J-D
*103.29 104.5
102.22
103.18
A 7s
part
paid.
A6s
part
paid——
100.16
Finland
.
French
7s
(Republic)
_1949
1949
Republic 7s stamped
unstamped
.
*82'/8
J-D
*82
104.6
104.6
104.20
AHaiti
*104
104.7
103.31
104.25
Helsingfors
103.31
104.23
Irish Free State extl s f
100.8
el03.30 el03.30
J-J
*100.3
J-D
*101.15 101.22
(Republic)
Mexican
98 Vi 106
80
A
*12.
*
13
13
*12
14
Vi
13
13
-
13
14%
10%
18%
..."
29
-
1954
1954
J-D
6%
6%
2
11%
4
8
'77
J-D
extl
s
f 6%s
;.
A Montevideo?
A 6s
series A-—-—
s
5
Q-J
Q-J
"6%
J-D
6%
,
*6%
J-J
f
79
External
External
sink
72
External
sink
61
65%
10
38
1956
61%
13
36%
6'/as..-.———.1949
m-s
1955
1955
j-j
1941
j-d
33%
32
33%
98-
22%
33%
1957
1957
A-O
30%
29%
30%
71
18'A
30%
A-O
30%
29%
30%
88 37
18%
30%
J-D
30%
29%
30%
64
19%
30%
Sinking fund gold 5s
1952
1957
1958
Sinking fund gold 6s
1950
>
*92%
93%
83
■
93%
~3
83
95
94
94
117
83
96
—
/.
•
16
3
m-s
16
15%,
16
21
j-d
81
81
81
1
16
16
f.
M-S
*75
M-N
Refunding s f 4VA-4Vis
1976
64
F-A
1976
1975
A-O
external s f $ bonds
1984
J-J
30-yr 4s
1960
A-O
43/8-4%s—
f 4Vi-43As
External readj
External s
3c!o
Canada
(Dom of)
5s
—1952
;
2Vis—
25-year 3'As
7-year 2'As
10-year
3s
30-year 3s
A Carlsbad (City)
1945
-1961
1944
1967
1968
—
«.
66
66
44
70%
68
68
48
74
89%
84
fund 4%s_
89%
30-year
64
'>
64
1
6
AChile
68
55%
53
56
54'A
55%
51%
56%
55%
55%
50%
57
*55
70
50
60
*38%
M-S
42
27%
38%
55%
-
A 6s
;
fund 6s
assented
sinking
A 6s
A 6s
assented
AExtl sinking
fund 6s
AExternal sinking
AExternal sinking fund
AGuaranteed sink fund
6s
assented
assented
A Chilean
Cons Munic 7s
A7s assented
A Chinese
Colombia
52
101% 1013A
99%
99%
(Hukuang Ry)
99 Vi
Stabilization loan s f 7s
...——
sink fund
gold 8s
*
*94%
3
97'A
99%
A-O
16'A
13
17%
1
13
18%
12%
17%
A8s external
1
15%
18
13%
17%
A 6s extl dollar loan
14%
18%
20
13%
6
16%
s
17%
A 8s
secured
A 7s
series B
17%
A Silesia
6
J-D
*16%
16%
J-D
14%
14%
A-O
M-S
sec
(Prov of)
A4%s assented
17%
16%
7%
12
5%
16%
A-O
16%
15
15%
*16%
M-N
*15
8 13
-
12%
1
16%
15
M-N
Sydney (City)
12%
1
f-a
•V;"j
J-D
14%
*15
•
7'?
21
137/a
59
8%
13%
-
s
8 88
••
17%
11
10'/a
17'/a
16%
'39
8%
16%
16
46
9%
16
16
"17
10%
16
67%
68%
62%
68%
10
18%
16%
8 16 8
16
'8*
2
32
41
29%
8
26%
30
25
30
29%
30
29%
3
20%
29%
54%
64%
4%
64%
60
64%
112
7%
a-o
7
7%
14
m-n
M-N
•
—
F-A
W
'
*7%
.
J-D
1955
16%
'
15
12
.
mm
4%
m
.1946
;
of
1928
Oct 1961
A-O
47
-
47%
4
39%
4%
*5%
4%
-6%
*62
1927
Jan 1961
J-J
47%
47%
2
37%
47%
36
36%
50
29%
367/a
:
1964
;
•
-
M-N
—
3s
external
s
f $
,—1970
bonds
For footnotes see page
2165.
A-O
36%
AWarsaw
65
71%
8
76
*65%
•
-
•.
75
74
*65%
80
71%
74%
82
53%
readjustment
1979
59%
5
51%
56%
57%
54
M-N
54
53%
53%
($ bonds of 1937)—
conversion—
extl conv
4-4'A-4%s extl readjustment
3%s extl readjustment
v
40'/a
71%
—
*65%
F-A
M-N
'
1979
M-N
1978
J-D
1978
F-A
?8: !
:'■?
8
-
59 %
(City) external 7s
A4%s assented
2
58%
60
63
46%
47
17
57%
52%
57%
54
60
41%
47
1984
J-J
1958
F-A
*6
4%
7
1958
F-A
45% -YiV
3%
6%
—
47%
of
1960
7'/a
*5%
s
•"
..
7%
.•
4%
($ bonds of 1937)—
3%-4%-4 ft
14%
A 6s
3%-4-4%s
External
15%
A 6s
::
11'A 17%
11 8 16'/8
40%
*28%
M-S
J-D
4
29 %
29%
j-j
1958
4
40%
'
'
75
16
10
15%
8
16
68%
■'
M-N
U958
f 5%s_.;
AExternal sink fund 6s
External
15%
11%
?
50 '/a
15%
16%
•.
J-D
1962
extl 7s
16%
(Republic of)—
J
16
14
16%
,
'
1962
;
extl
AExternal sink fund 6s
14
4
•"8—
—
70
•
(Kingdom)—
3%s-4-4%s
13
15%
14
15%
13%
13%
J-J
—
16%
14%
w
*14%
15%
8%
15%
J-J
AUruguay (Republic) extl 8s
16 % J
'
M-S
9%
14 %
70
(
.
M-N
9
15
14%
15
—
■
3
-
9
10
11
*7
16%
13
15%
12%
i
14%
13
13%
16
*16%
J-D
5%
*8%
—1950
external
15%
17%
13%
J-D
16
§ ASecured
Serbs Croats & Slovenes
13
17
*16%
M-N
9
j-j
A-O
loan.——.——1956
—1968
f 7s
1940
7%
15
14
23
J-J
1957
>....1936
....
15%
*16%
M-N
9
f-a
A 7s extl water
53
*16%
*14%
A-O
7%
*5%
a-o
M-N
17%
A-O
*5%
a-o
M-S
16%
A-O
15%
1964
17%
16%
7%
(City of Brazil) 8s_—1952
16%
M-S
122
j-j
—.—1967
I A6%s extl secured s f—.
S A San Paulo (State) 8s—
17%
12%
22
ASao Paulo
16 Vi
*16%
13%
14%
a-o
municipal loan
16%
M-S
A-O
14
j-d
1966
Santa Fe external sink fund 4s
-
17%
13%
33
—
w
16%
15%
17%
16
sink fund
16'A
J-J
J-J
—
A 7s
5
15%
20
16%
-16-
*16%
15%
7
j-d
A7s external loan of 1926
5
F-A
F-A
7%
130
1946
A 6s external
96
18
32
14%
gold--—1968
1921
A 8s extl loan of
96'A
93%
16%
14%
13%
Rio Grande do Sul (State of)—
98% 100
13
13%'
1953
93%
8%
12%
14
14
1946
(City of) 8s
AExtl sec 6%s
9
13
13
ms
1960
13
95Vi
*16%
A Rio de Janeiro
100% 101%
65
66%
J-D
1947
35
95 Vi
—
57'/a
101% 103%
*102% 104
.
_
22
65%
m-s
1961
8s
AExternal loan 7%s
99%
99 Vi
94%
ms
57%
64
65
65
65
65
65
*55%
M-N
j-d
49%
98%
997/a 100
J-J
16%
1951
5s
gold 6s__
APorto Alegre (City of)
66%
'•
28
99 3A
1961
1961
1962
1962
1960
6s
AGuaranteed sink fund 6s
A
1013A
M-N
—
103% 106%
6
105'/8 105'A
105'/a
1961
ASinking fund 63As
A63As assented—
A 6s
44
1961
Bank 6Vis
A6Vis assented
59
6
66'/a
48%
1960
AChile Mortgage
~
64%
1957
1957
assented
A 6s
~
6s
(Rep of)
A4%s assented
65
57'/a
18
1962
—1962
1963
1963
fund 6s
assented—L
A 6s
56
13
A-O
Sep 1961
assented
A 6s
(Rep)
AExternal
63%
56
12
M-N
Jan 1961
Jan 1961
Sep 1961
ARy external s f 6s
J 57
J-J
Feb 1961
Feb 1961
fund 6s
assented
A Extl
:
64%
65 7/a
M-N
a-o
§ A Poland
65
*47
94%
M-N
1940
1958
1947
1968
1950
1963
—
—
A-O
66
64
J-J
J-J
—
.
j-d
1955
'
54%
A-O
F-A
1970
64
64
64%
1942
1960
1960
External s f 7s
(Rep)
A7s assented
AExternal sinking
1965
1963
4%s__
A4%s assented
63%
63
1954
1942
8s
fund
Queensland (State) extl 6s
M-N
75
*89%
44
62%
37
''i'-.'-
*70
63%
M-N
F-A
70
--
F-A
extl s f 5s ser A-1963
AStamped assented 5s
—1963
Stamp mod 3'As ext to_.
1994
Ext sec ref 3%s series B—
1967
APernambuco (State of) 7s
1947
APeru (Rep of) external 7s_
-1959
A Nat loan extl s f 6s 1st ser——I960
ANat Loan extl s f 6s 2d ser
1961
Buenos Aires
,
16%
16%
81
83%
36%
,
'•
64
64
M-S
1977
9%
10%
75
*89%
(City) sink fund 4%s_„
A Panama
A
1961
7%
F-A
A4%s assented
(Province of)-—
A 6s stamped
External s f 4%-43/bS
6
95
93%
—
*60
.
7%
F-A
Municipal Bank extl s f 5s
■
F-A
5%
A-O
extl loan
4s sink fund
Oslo
J-D
36
7
61%
Belgium external
.
65%
56%
M-S
6%
1944
.1956
6s—.————1
73'A
61%
1927
7%
1943
65%
65%
(Central Ry)
Brisbane (City) s f 5s
5%
1958
71%
m-n
A7s
7%
2
1957
—i
5s
42
m-s
AExternal s f 6Vis of
5%
m-s
1959
Norway external 6s—
•/ 66%
—
7
6%
6%
6%
J-J
5%
7
(State)—
f 5s_——
s
48
38
j-d
7%
5%
1959
—«
79
65
—
10
6%
j
78——.j——.1952
(City)
New South Wales
' 93%
51
-•
82%
72
82
6%
M-N
1958
—
U
f 6%s„
s
88
33
73 %
■
13
(State)—
external
54
66%
F-A
6%
5'%
11%
11%
'
-
77%
79
A-O
'
v
93%
91%
93%
M-N
'8.88,' '
88'
External
M-N
76
1957
14%
29
...
A Sec
14%
11
J
A Sec
14%
10%
?
Minas Geraes
14 Vi
10%
12 Vi
29
11
13'A
Vi
i,,
14 Vi
,10%
J-J
29
Assenting
§ATreasury
,
■.
14%
10'/a
J-J
58%
69
1943
extl 5s of 1899 £
1945
5s of 1899—
1945
4s of 1904—..
.1954
4s of 1910
1945
6s of 1913 assent—-1933
(US)
—
-15
J-J
47%
87
stamped assented-
AAssenting
V
*27'A
J-J
v
42
25'/a
42
MS
Y 37
25
—
42
A-O
62
'75
(Prov) 4s readjusted
Irrigation—J
AAssenting
*41%
'58%
M-N
v
A4%s
F-A
A-O
6%s
(Colombia)
64%
—I960
5s„T
AJugoslavia (State Mtge Bk) 7s
102%
1017/8
102'/8
J-D
f 6s series A—1952
extl 6%s_r
_1960
s
(City)
9%
55
11
64%
60%
63%
A-O
9
6%
2
9
100.30
M-N
1
72
(U S of) external 8s
AExternal s f 6Vis of 1926
8%
16%
—1964
1968
——
*104
62
§ A Brazil
13%
Government—
M-S
71%
f 7s
6%
100.20
,
71%
s
73
1961
1967
102
66%
External
70
69 7A
63
3
72%
72%
73
59
61
«...
1948
101
72
f 6s
48%
46%
7s
(Republic of)
104.5
J-J
s
29
F-A
M-S
of dep
*101.11 101.19
A-O
External
20
24
j-j
ctfs
8s
*104.18 104.24
73%
1928
21
1969
M-S
J-D
External g 4Vis of
15
20
1969
J-D
5s,i.--~--l?58
4s Apr—
1972
Australia (Commonw'lth) 5s of '25-1955
External 5s of 1927
1957
1
104.27
12
S f extl conv loan
115
105.16
A El
*12
S f
83
106
J-J
A-O
series
1st
103%
75
100% 107
48%
1962
5Vis
100
1
20
1942
5%s 2d series
101.17
103.14
56
101.9
101.5
sink fund
20
102% 102%
—
'
A-O
—
90
; *113% 117
"
17%
17%
„
'
36
35
Customs Admin 5%s 2d series
M-S
*105.11 105.19
—1942
1955
§Alst series 5Vis of 1926-.
106.23
106
•
—
100 «/4 101
„
100
—
-
■—
82%
81%
A-O
11952
8
*101%
J-D
(Rep of)
—
*102%
82%
J-J
—Jun 30 1945
ASinking fund 8s series B
External
-
15 1953
Jan
105.25
*106.29 107.5
101.8
5%s
18%
*100-
F-A
105.15
J-D
M-S
fund
—
J-D
106.17
M-S
30
>•
18%
•
F-A
,.1949
..—.1977
debt
105.10
107.1
J-D
external
107.1
*105.3
J-D
4%s
S*ADenmark 20-year extl 6s.
External gold 5%s
External gold 4%s„
8;
108.16
110.14 110.14
M-S
1949
External loan 4%s
;
•
108.16
110.8
*110
*12
f
18%
12%
99% 101
J-J
•
A-O
S
97
2
M-S
A-O
(National Government)—
external 4Vis
1948
conv loan 4%s;
1971
extl conv loan 4s Feb—
1972
6
M-N
Cuba
A-O
Argentine
100
A Costa
110.22
AExternal sec s f 7s 2d series——1957
AExternal sec s f 7s 3rd series__1957
(City) external
100
108.14
109.14
Foreign
Antwerp
30
107.18
AMexico
Govt. & Municipal
Agricultural Mtge Bank (Colombia)—
AGtd sink fund 6s
1947
AGtd sink fund 6s_i
1948
Akershus (King of Norway) 4s
1968
AAntioquia (Dept) coll 7s A
,_1945
AExternal s f 7s series B
1945
A External s f 7s series C
1945
AExternal s f 7s series D_
_1945
AExternal s f 7s 1st series.:
1957
17%
4
Mendoza
1980
6
107.18 107.18
Transit Unification Issue—
Corporate Stock
30
30
M-N
J-D
City
York
32%
30
—1953
AMedellin
New
29
18%
105.20
Loan Corp—
3s series A
25%
15
.>.1942
-
M-N
1944-1964
3'As
38—
1
32%
30
30
103.12 104.20
Mortgage Corp—
Farm
28%
31%
104.13
J-D
2 Vis—
Treasury
25%
28%
J-D
1
J-D
Treasury 214s
3
F-A
16
MS
31
M-N
104.14 104.14
M-S
29
1947
103.12 103.14
J-D
25%
1946
—
A-O
J-I)
1
High
5
28%
_1952
;
A'O
1960-1965
1945
1948
1949-1953
__1950-1952
,__1952-1954
1956-1958
—1967-1972
1951-1953
1952-1955
Treasury 2!4s
104 1
January
Low
No.
1947
Cordoba (Prov) Argentina 7s
110.8
103
*102.26 103.2
J-D
108.27
109.17
*109.12 109.20
MS
High
28%
Range Since
Bonds
Sold
Bid & Asked
A-O
Mtge Bank 6%s
ASinking fund 7s of 1926
ASinking fund 7s of 1927
Copenhagen (City) 5s
25-year gold 4%s
116.2
107.21
11 *
107.22 107.22
J-D
——_„_1958-1963
Treasury 2%s_
Treasury 234s___
114.14
115.12
*115.4
A-O
Sale Price
Low
A Colombia
Treasury 414s
Last
Period
Exchange
June
High
Low
No.
High
New
Range Since
January 1
Bonds
Bid & Asked
Week's Range
or Friday's
Friday
BONDS?
Week's Range
or Friday's
Friday
BONDS
New York
S f
of
interest"—except for income and defaulted bonds.
week, and when outside of the regular weekly range are shown in a footnote
8.8 NOTICE—Prices
3%
III
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4079
Volume 155
NEW YORK
Friday
BONDS
New
Stock
York
Interest
Last
Period
Exchange
Week Ended June 5
\ "v//
r
'•
.
Railroad and Industrial
Low
Sold
High
•Low
No.
Companies
44%
65%
72%
Coll
44%
623/8
5s
J-D
M-S
•100'/a 101%
Coll trust 4s of 1907
1947
J-D
100
10-year deb 4 Vis stamped
1946
F-A
105% 107
Ala
Gt
1st
Southern
4s
cons
Alabama
1st
1st
5s
with
6s
3Vis registered
Alleghany Corp
1946
v /
1
■
modified
modified....™,
5s
modified
:
^
1
F-A
1949
_
J-D
Allied Stores Corp 4Vis debs,--—11951
M-S
MS
Am
conv 4s___^___1952
Foreign Pow deb 5s—_—
2030
&
Amer I G
Am
Chem
5 Vis
conv
Internet
Corp conv 5 Vis
American Telep & Teleg—-
,—1949
3'As
Amer
Tobacco
Co
deb
Type Founders
.107
107
1067/e
F-A
sink
1st
fund 4s series
C
(Del) ,1957
Corp of America 3s——1955
Corp deb 4%s w w
1947
50
84
63
76%
F-A
20
51
64
443/4
21
41
59
653/4
68
107
gold 4s
Branch U P 1st
ARef &
20
99
593/4
Central Illinois Light
69%
8
107%
79
100
42
42
109 >/4
103% 105
4s
r
-42%
67%
"100
68
1955
Central RR &
34
12
69%
99% 100 •
34
S f
106%
89
20
88%
93
89
90
4
87%
92%
101
101
deb 43/4s
1113/4 112%
V
A-O
coll tr 5s
L & N coll gold 4s
Atlantic & Dan 1st gold 4s
70%
71%
13%
M-N
14
773/4
68
72%
78
V
up
19%
107%
v
68
49%
;
182
85.,, 86%
V
f
73
72%
52
49%
50%
107
5
69
i. *64
A-O
F-A
18 3/a
12%
5
107% 107%
--
F-A
.
21
18
15%
95 %
583/4
>
16
J-D
1st
2d consol
109% 111%
"99
86%
853/4
*
87
87%
CO 0
49
_
cons
9
12
103
102 % 103%
129%
126
4
127% 128
M-S
104% 105%
M-N
100%
ioo3/4 101%
17
100% 103 %
F-A
101
101
11
100% 104
1946
J-J
,1989
J-J
—1989
1949
J-J
A-O
193/s
____1949
1949
J-J
87%
1949
J-J
933/4
101%
;
gold 4s
gold 4s
118% 121
118 /
,
116
113
121%
■'
-V
•
110% 112%
1103/4 111%
111 3/4
97% 993/4
103% 105 hi
A
Chicago & Alton RR ref 3s
Q—111 Div 3%s
registered,,-
Chic Burl &
104
104
J-J
M-S
53
56
101
76%
18%
76%
53
603/4
145
58
66%
M-N
M-N
J-J
99 3/4
99
993/4
150
66%
74
34
14
244
86%
88
108
•823/4
88
91%
22%
85
89%
81%
85
47
933/4
*_,
1949
13
•
00 3/a
95 y.
75
83%
65%
72%
74
80
21 %
34%
88
«...
1958
M-S
76%
75
77
49
1977
1971
F-A
66
65%
69
115
74
753/4
1997
J-J
21%
23
947/a 100
643/4
19%
1st & ref 4%s series B
83%
60%
173/4
General 4s_i__—
104%
76%
4s_,
registered,
4s
.100% 1031/2
104%
J-D
May 1 1945
Oct 1952
1948
Division
Illinois
*102% 103%
J-J
1964
10-year
14
15%
103
R & A Div
J-J
,1944
July 1952
4Vis A
14
J-J
75
133/4
-
5
.:
M-S
Potts Creek Br 1st 4s
MS
1944
unified
15
1950
(1938 issue),,,
103%
1962
1st 4Vis A
General
14%
15 '
14
143
104% 105
102%
7
Atl & Charl A L
4s
17%
M-S
101
3%s
cons
16%'
62%
79
17
M-S
101
2
1946
1st
70%
15
.
V 111% 112%
.
69%
,,1948
3
1043/4 1043/4
1st gold 5s
Atlantic Coast
*1123/8
(1935 issue),___—,1950
43/4S
deb
14
101% 101%
1954
—I960
1942
gold 5s
Bank'g of Ga 5s
Chesapeake & Ohio Ry—
General gold 4%s
1992
Ref & impt mtge 3%s D
1996
Ref & impt M 3%s series E_;—,1996
106% HO'%
89
90
f
104
9
1958
30-year 5s series B__:
183%
Paper & Fibre—
Champion
S
"99 %
Atl Knox & Nor
1st
11
70%
1987
Prod 5%s A_^
Certain-teed
62%
J-D
J-J
1960
1965
ref 4'/2s A___
16
42%
r
104% 106%
34
108% 109%
J-D
&
23
J-J
1962
Through Short L 1st gtd 4s
«
Guaranteed
101
1053/4 106 %
8
15 %
J-J
1987
Y Power 33/4s
N
108
87
26
105% 105%
105Vi
7%
3
22
16
A-O
1966
registered
Central
103% 107
3
M-N
J-D
Short L 1st 4s
33
20
3
100'/8
4
3%s____
4s
.A General
105% 108%
100%
104
1995
1955
1st
43/4
4%
16
registered-W———!——*4^1987
5s
■
109%
104
Stamped 4s
Conv gold 4s of 1909
Cal-Ariz
8
60%
10%
84
4%
*18
J-J
1st gtd 4s
1961
JACentral of N J gen gold 5s__,,_1987
101%
.93
29
104
A-O
Trans-Con
"4%
15%
4%
A-O
97
30%
45%
53 %
14%
J-D
fACent New Eng
1013/4 104 %
106
Nov
4s of 1910
Rocky Mtn Div 1st 4S—
V
93%
23
105% 108%
136
4
1995
Conv gold
14%
A-O
5%s series B___
gen
"50:
M-N
1959
.A Ref & gen 5s series C
1959
AChatt Div pur money gold 4s__1951
AMobile Div 1st gold 5s1946
101% 104
3
67%
102 %
55
97% 100%
1
23
95
1995
1905
23
96
1053/4 108%
100
99% 102'%
■>
42%
23
95
4s
of
99% 100
106 V8 108
..
.1
...
96
<15
100
Adjustment gold 4s
Conv 4s
2
,
23
Atchison Topeka & Santa Fe—
General
,
51
96
A-O
Jan
Q-J
MS
F-A
J-J
Cop Min deb 4Vis_,
1950
AAnglo-Chilean Nitrate deb
..,1967
tAnn Arbor 1st gold'4s
-——1995
Ark & Memphis Ry Edge & Term 5s 1964
Armour & Co (Del) 4s B
;__„_1955
108
100
J-D
104
M-N
Anaconda
108
100
:
—
J-D
106% 106%
■
Am Wat Wks & Elec 6s series A—1975
108
1948
106% 1073/B
f
-
J-J
deb__^___1950
1
JCentral of Georgia Ry—
A 1st mtge 5s,——..—
w,—Nov 1945
§ A Consol gold 5s
1945
104% 104%
107
A-O
1962
3s_,
conv
58%
F-A
Central Pacific 1st ref gtd gold 4s_1949
Am
87 %
47
55
,96%
J-D
M-S
,
'.
•
M-S
M-N
Corp 5s w w
Celanese
I: &,,
,1956
77
577/e
70
66%
,102
A-O
debentures———.—1966
3s conv debentures—
26
91%
62
93 %
Ohio 4s.:—,—,1965
,1950
gtd gold 4s,.——1981
&
Clinch
Cart 61 Adir 1st
*47%
•
!.
J-J
,,
;
,1961
.
3'As- debentures
106
67
M-N
1949
87%
a
81%
Celotex
15
973/4
105 %
49
92
101% 102%
71 %
1
893/4
103
91%
9Q%
86
62
3
90
643/4
F-A
Allis-Chalmers Mfg
;
86
1949
10
85
43%
A-O
.
J-J
J-J
1
High
108% 112%
82
78
53
44%
Alleghany & West 1st gtd 4s____-_1998
income—
71
97%
105
123
82%
67%
543/4
A-O
.,1950
A 5s
Carriers & Gen
62
81%
19
90 %
80%
70
A-O
____1950
Carolina
i
ACent
1944
5s
5s
93%
"89
82%
——I960
Low
106%
,*
55
92%
69%
105
•January
'
7
111%
9734
105
91
t§ACarolina Central 1st gtd 4s
54
2
70%
J-J
J-D
5s
1043/s 106
5
60
"56%
A-O
A-O
Val: /
—1946
gold
103% 1033/4
105%
57%
60
A-O
1948
Albany & Susq 1st gtd 3Vis
105
105
A-O
*
trust
Collateral trust 4%s,
/
J-J
High
'111
111
Range Since
Sold
No.
M-S
—1944
,1954
1043/4 104%
1033/4 106%
i
J-D
J-J
1972
_1948
assented
warrants
'V'
1,1943
3%s
mtge
Albany Perfor Wrap Pap 6s
98% 100%
102
1043/4 106"%
J-D
1943
i
B
series
Power
A
cons
100 %
trust
Cell
100% 101
J-J
1946
equipment trust ctfs
Bonds
Friday's
or
Bid & Asked
Low
4%. deb stk perpetual,,-,,.
4%s__
1946
Pac Ry
68
45
"66
J-D
1953
--,--—-..1953 ■'
Adams Express coll tr gold 4s
1948
6%s
deb
Northern
Canadian
',»
Sale Price
.'/■
Can
A unstamped
AStamped
Week's Range
Last
Period
■•/*;'• '
•,./
High
4-Abitibi Power & Paper—
§A5s series
Friday
Interest
Exchange
June 5
Ended
Week
January 1
Stock
York
New
Range Since
Bonds
Bid & Asked '
fi V/?•
V
BOND RECORD
BONDS
Week's Range
or Friday's
Sale Price
2161
65%
ref
&
1st
series A
5s
F-A
17
Atl
mortgage
Chicago & Eastern 111 RR—
J-J
,1953
98%'
14
102% 1023/4
1023/4
20
73
40
33
Chicago & Erie 1st gold 5s-,____„1982
M-N
95% 100
30 %
98%
M-S
643/4
Chicago Gt West 1st 4s series A—,1988
J-J
63
62%
673/4
37
61%
68 %
—2038
J-J
33
33
35%
28
33
45
JAChic Ind & Louisville ref 6s A—1947
ARefunding gold 5s series B
1947
*27
30%
J-J
33
33
2
31%
38
30
30
12
30
36
4s series C
1947
series A———.,1966
'A 1st & gen 6s series B
May 1966
J-J
28%
34
A 1st & gen 5s
Refining deb 3s
33
--
J-J
1959
Gulf & W I SS COll tr 5S
Atlantic
'
1948
4s
25%
A Refunding
Second
M-N
1956
J-J
102
AGen
AGen inc mtge
106
B
Baltimore
1st
&
Ohio
RR—
—July 1948
mtge gold 4s
A-O
55%
57
.
58%
87
:
•
•/.,
55 %
627/s
Stamped modified bonds—
1st mtge gold
(int at 4 %
1
Oct
A-O
Dec
1
Ref &
(int at 17o to
due
1995
1946)
1
to Dec
(int at 1%%
C
ser
gen
26%
-
59%
168
;;
57
65%
25%
39%
29%
31
155
29%
25 3/4
27 %
177
253/4
26%
26
27
127
253/4
39
F-A
193/4
193/s
20%
500
19 %
M-N
47%
47
49%
93
J-J
1959
J-J
1943
J-J
37
39%
*44
46%
37%
99%
J-J
s
47
<
J-D
A-O
Telep of Pa 5s series B—,—1948
1960
J-J
3Vis
.1;
,,1943
1950
48 Va
53
4%s
series E
May 1 1989
J-J
46 %
45%
463/a
82
38%
53%
4%s
series F
May 11989
J-J
46%
46
47%
63
383/4
53
F-A
15%
133/4
15%
545
8%
A-O
2%
1%
2%
365
1%
fChic Milw St Paul &'Pac RR— '
-AMtge gold 5s series A_i__——1975
AConv adjustment 5s——Jan 1 2000
^Chicago & North Western Ry—
AGeneral gold 3%s
,54%
48%
1987
1987
AGeneral
AGen
50
—
45■
—
"29
.,——1987
129
registered,—
M-N
AStpd 4s n p Fed inc tax,
1987
stpd Fed inc tax—1987
AGen 43/4S
r 48
727/a
1
4s
§ASecured
83%
A 1st
ref
&
17
106% 1087/a
A 1st
&
ref
5
129
1987
1987
6%s
:
1936
gold 5s——May 1 2037
4'/2s stpd
May 1 2037
stpd Fed inc tax,
5s
127% 130%
A 1st
&
ref
98
;
*963/4
10
98
97%
99%
96 3,4
98%
29
97%
Railways
part paid
f§AChicago
,1949
1st
-
103% 103 3/a
104% 104%
.8
100s/8
103
103
1
J-D
1950
1967
F-A
M-S
1955
M-N
89%
1961
1st mtge 4s series RR___
1960
AInc mtge 4Vis ser A—_—July 1970
fABoston & N Y Air L 1st 4s
1955
Bklyn Edison cons M 3'/4S
—,,1966
Bklyn Union El 1st.gold 5s,
1950
A-O
J-J
M-N
69
68
69%
31%
30
31%
——_
gold 4%s series JJ__a___
.
30%
103
29%
30%
7
29
29
33
*29
36
__
M-N
M-N
1st
lien
&
Debenture
ref
M-N
.
___1947
6s series A
79
89%
85%
91
74
75%
25
68
76
260
30
43%
14
11
100%
102
%'
100% 100%
M-N
2
100%(
102
102%
J-D
'
107
ACertificates. of
Bush Terminal 1st 4s
Consolidated
Bush Term Bldgs 5s
gtd__i
58'/a
59%
53
,,,1960
M-N
2%
gold 4%s.
—
1951
72%
92
15
Dec 11960
guaranteed 5s
cons
National
Guaranteed
Guaranteed
gold
gold
gtd 5s A_„1962
gold 4'/2s
5s
34
35
35 %
88%
5s
Guaranteed gold 5s
Guaranteed gold 43/4S
Guaranteed
'Guaranteed
gold
gold
,__Oct
113
64
34
-__-1955
3
5%
6%
12
5%
For footnotes see page 2165.
„
61
79%
79%
79%
106% 107
107
,79%
1
79
16*
53
9
70
f
-
79%
80%
1073/4 108
7
37 ,;
5
'■•• 107%
107%
10
111
111%
7
V 109
; F-A
.
1063/4
109
108 \ 108%
106% 107
106
163/4
3
56
1%
75
3
75
3%
—
—
—
74
80
—
47
55
62%
623/4
12
62%
68
49%
49%
5
49%
54
*50
J-D
M-S
—
100 % 100%
J-J
93%
M-S
A-O
1966
F-A
95
96%
„;41l
42
11
*.,
J-D
93%
95%
'36
74
25
1,
mtge 3%s_,
—1967
& Nor 1st cons gtd 4s__—1942
99'/4 102 3/4
93%
—
& Elec 3%s__
105 % 108%
3
95%
.
,
42
M-N
14
38
„
1952
1,
Gas
1st
Union Term
1st gtd 3%s D_—1971
mtge gtd 3%s series E—
Cleve Cih Chic & :St Louis
83'%
/
«General
63 %
„
17
96%
993/4
47
;
107% 108
26%
"110%
1063/4 108%
21
1093/4 1103/4
,_
102% 102 A
M-N
M-N
II
F-A
w
108% 109%
109% 109%
:
*109% 110%
110
107%
99
*105
J-J
112
99%
Ref & impt
Cin
»
1993
1
4%s series Ei„___„ 1977
J-J
"3 £
7. 37 L
12
>■
::
.
85
-
108
,
Cleveland
1st
1073/4 112
Series
111%
109%
103"% 108%
1033A 107%
&
General
Series
>
49%
coll tr gold 4s___*—1990
1970
~
'J 'c 49%
51
673/a
37
44
52%
10
65%
74%
105% 106%
17
M-N
65 %
65%
J-J
-
i.
'
44%
53%
104% 108 3/a
108
1043/4 108 %
105
45%
119
,
J-J
Div
76 r
86
15
86'
463/8
65
J-D
Wab & M Div 1st 4s__———1991
65
85
66%
*78""
44%
J-D
—1993
gold 4s_-
General 5s series B
81 %
•79..,.
104
108
"1103/4 111%
F-A
J-D
' M-S
10%
105% 106
Cin
7%
83%
A-O
-i--
104
8%
593/4
* J-J
v.
13%
J-J
Cincinnati
41%
-
5%
J-J
*
15%
133/a
114
6%
83%
A-O
.
1969
U—,1970
4%s__—_„
1956
4%s__,
*,—1951
*
-,,1957
26
9%
2%
—
f AChoctaw Ok & Gulf cons 5s
6%
A-O
July 1969
*
327
J-J
St L
Canadian
293/8
18
10
12%
—1963
Cleveland Elec Ilium 3s—
Canada Southern
18%
181
23
203/a
series F__1963
Chic & West Indiana com 4s_
,1952
/ 1st & ref 4 %s series D
.,,1962
Childs* Co deb 5s
—.1943
88% 105
J-J
* A-O
59'A
12%
J-D
—
Union Station—
1st mtge 33/4S series E—
"98% 108
20
A-O
1966
2'/4
40
213/fl
J-D
3%s
1st mtge 3'/bS
10
13
5s__—1951
•
California-Oregon Power 4s_i_
23%
1%
Chicago
110% 110%
5%
——I960
14%
-
229
13%
Income
100% 106
76%
1133/4 1133/4
A-O
.
23%
42
19
20%
Memphis Div 1st gold 4s,,
1951
Chic T H & Southeastern 1st 5s„-I960
•
____1955
:
24
13 3/8
13/4
M-S
gold 4s
1969
Clearfield & Mah 1st gtd 5s—,—1943
_„_1952
5s_:
42
14%
25
13/8
1934
Gold
■
deposit,,,,,,,,
26
57
19
1%
M-N
12%
Cin Leb
1934
§ A 1st & coll 5s
23
193/s
18%
22
1st
JBurlington Cedar Rap & Nor—-
37%
183/4
J-D
J-D
100% 100%
90
F-A
'' M-N
.
22%
33'
J-D
>
34%
35
17%
A-O
1927
Chicago St L & New Orleans
108%
*■
76%
90
1981
22%
17%
35
J-D
J-J
§ A Refunding
75
19%
76%
3Vis series C___1967
Buffalo Rochester & Pgh Ry—
Stamped
modified
(interest at
3</c to 1946) due
—,,,1957
35%
36
18'/a
M-N
J-D
—
AConv
107% 108
M-N
Buffalo Niag Elec
102% 105
85
1957
Buffalo Gen Elec 4%s B__
34
23
36
102% 1023/4
1950
gold 5s„,
1st lien & ref 5s series B,___
23
22%
stpd
5s
JAChic R I & Pac Ry gen 4s„_—1988
ACertificates of deposit
100% 102/
77
F-A
M-N
F-A
Bklyn. Union Gas 1st cons gold 5s_1945
103 3/8 105%
105
1944
1st
-
10
'100% 101
33
27
29%
29%
F-A
25%
27
27
29%
103 % 1053/4
19
J-J
F-A
F-A
34%
M-N
gASecured 4%s series A„—1952
A-O
.
34
32
M-N
'
-May 1 2037
4%s C
AConv 43/4S series A
J-D
20%
22
22%
17
M-N
A4%s stamped,,,
77
3
7
32%
1987
59
*44%
173/4
37
26'/8
25
25
M-N
30
4s
591%
106% 106%
•
•
M-N
registered
49
A-O
Big Sandy 1st mtge 4s
Blaw Knox 1st mtge 3%s_____
Boston & Maine 1st 5s A C
1st M 5s series II
51%
36%
38%
30
1959
1960
,,1965
F
.Consol mtge 3s series G_—
Consol mtge 3%s series H
373/4
8
347
48
—
1952
debs—
296
46%
44%
46%
12
77
106%
A-O
—
1956
conv
44 5/s
453/4
44
J-J
3Vis
70
42%
37
90
54%
Consol mtge 3Vis series
613/4
45%
993/4
52%
Beth Steel
U
5
64
64
44%
533/4
51%
debentures
7%
46%
95%
52%
2%s
10%
1
J-J
44
52
2'/4S—
8%
6%
J-J
19
J-J
Indus Loan
8%
^
J-J
A
99%
J-J
Beneficial
24
gold 3%s series B__May 11989
4%s series C
May 11989
series
99%
--
1951
cons
7%
May 11989
3'/2s
stamped
1951
Battle Creek & Sturgis 1st gtd 3s„1989
Beech Creek extl 1st gold 3Vis
1951
Del
6%
'
AGen
39%
M-S
4s
Belvidere
293/4
4s
44%
26%
55
.1st & ref 5s series C
*27%
!AGen
29%
M-S
Pgh L E & W Va System—
Ref gold 4s extended to—--1951
S'west Div 1st M (int at 3%%
to Jan 1 1947) due
1950
Bell
120% 123
—
AGen
J-D
Feb 1 1960
Toledo Cin Div ref 4s A—
30
J-J
V
AGen
(int at 1% to
due—
2000
Ref & gen ser F (int at 1% to
.'
Sep 1 1946) due
——1996
Bangor & Aroostook 1st 5s
Con ref 4s
i
39
"120%
AGen
<
Sep 1 1946)
due
23
JChicago Milwaukee & St Paul—
Ref & gen ser D
AConv
V
jt:
32
27%
'
—1995
due
1946)
•
57
26
58 3%
J-D
Ref & gen ser A
:
4%s
Chicago Ind & Sou 50-year 4s
to
due,,,——July 1948
1946)
(conv)
inc
mtge
B
Pittsburgh RR—
4%s
3%s
series B__—
—1948
1950
,—1977
General 4%s series A
Gen
&
ref
4%s series B
Cleve Short.Line 1st gtd
—1942
,1942
gtd
3%s
gtd
Series D 3%s gtd___
C
1981
4%s——1961
>99%
A-O
A-O
M-N
F-A
J-J
A-O
*89% 108
.
*105
F-A
__
71%
107"%
*105
.
?
68r
__
71'%
5
-
.
L-108
68'
83%
105
%
.J
\
Friday
BONDS
■./
June 5
Ended
Week
Interest
Stock Exchange
York
New
Period
Sale Price Bid & Asked
1970
A Colo & South 4Vas series A
1980
Columbia G & E deb 5s
May 1952
Debenture
5s
Apr 15 1952
Debenture 5s
-___J
1961
Columbus & H V 1st extl gold 4s—1948
Columbus St Sou Ohio El 3%s
1970
Income
/
&
3%s
1958
1943
_
>
40
65
debentures
3%s
84
58%
(4
3%s
90%
84
90
28%
■
29
28%
'
*100%
109%
106
14
■
Feb 1957
<
304
106%
103
106
12
105% 108
101% 102'/*
20
101% 105'%
■//. iL2
33%
*31
32 V*
32'%
4
88%
11
34%
M-N
23%
90
1951
1951
107
108% 109%
15
gold 3s sterling
1952
3%s___
"
,
107% 109%
13
——
93%
t
57
55
53
*41
45
40
•
48%.
39%
J
,
43
54
79
79
61
60
56
64%
3
J-J
A-O
30%
32
34
25%
32'%
23%
'
A 1st
33
33% 0
Internal
23%
33
89'%
90
27
86'%
■
».
—
101% 101%
51%
151
55
F-A
Apr 1978
lien
6%s_!
ref
St
99% 102%
99'/* 101%
16%
118
15%
<
235
10%
*14%
24 V*
25%
16'/*
26
10%
.V
7
1%
104% 105
1959
96
99%
2
56%
56%
341
35%
56%
57%
56%
57%
283
38%
58
%
%
3
J-D
3%s
__1961
2%
47
1%
98
11%
5'/*
5
^'
J-D
6
4'%
109% 111
4
25
'
35
40
18
12
17%
20
83
5
82%
95%
102'% 103%
1
7
106% 107%
'
13
108% 109%
15%
30
109% 109%
109%
J-J
1987
4%s__—__1961
——1961
Stamped
2
*25'%
J-J
1960
1st 4s—
City Terra
Kentucky & Ind Term
107'% 107'%
f
1948
i
;'__i
Plain
M-N
J -J
J-D
,v
1970
*._
■
1
5s
1954
i
1961
notes—.
1950
ctfs__:—1—1959
jAKreuger '& Toll 5s
58%
70
62
;
J-J
.
90
90 %
45%
V. 90
47%
46%
J-J
M-N
104
*104'% 105%
'
M-S
■-
.r/:
4
59
64%
67%
74:-. •
68
68
70%
,
17
;
108% 109'/*
109%
5
111% 111%
,
Coll
93%
56%'
*84'/a
3s deb—
& Rub
1956
1961
100 A: 101
101
—-
•
ref 5s series A
1943
1959
102
-
MS
1-
deposit
11
97
97%
13
88%- 97%
65%
58
65%
68
57%
70
;
*63%
12%
10%
12
11%
_
9%
11%;
651
8%
44
104% 104%
13
103% 105%
98%
99%
12
98% 102 /
*1%
2%
99%
*98%
__
<
(Proof of claim)——.
of deposit
12%
-M-N
Corp 3s debs
coll trust 6s_.
3%
2%
4 •
3%
1%
3%
-
100
*100% 101%
J-D
M-N
: *73
-
101V*
69
75
97
99
81%
54
72
85%
80%
81'/*
16
72%
85
3
70
100%
1
83
100%
<
<
Lehigh
5s
.1st &
83
5s
1975
Dec
95
*—
J-J
" J-J
4%S
1956
1946
1947
.
—.
95%
34
18
;
25%
■
^
■
95
10
14
:*
20
98%
21%
1961
<103% 104
90
__
;
90%
45
10
*91
93%
>.
80
—w:';'
J-J
General 5s series C
1973
J-J
General 4%s series D
1976
107% 107%
16
99% 100%
48
90
92%
11
81%
J-J
1952
81%
1
* J-J
series A
General 4%s series E___^
1977
1946
J-J
■107%
100
!.
series G
Gen
mtge 4s series
H__
1946
Gen
mtge 3%s series I
1967
J-J
•
81
81%
24
96%
♦
91
±
'
Mob & Nor
1st
Feb
___
B
95%
96%
118
,
105% 108%
99% 105
J
5s series C
1950
__
1950
Gulf Mobile & Ohio 4s series B
>
1975
mtge inc 5s series A
2015
~
90
stamped modified—
4%s registered
5
5s stamped
•
M
s
5s
5s gtd——
Libby McNeil & Libby 4s
Liggett & Myers Tobacco 7s_
54
93%
97%
38
73
79'% 3
57%
9%
*„
♦„
67
66%
48%
J-J
Gulf States Util 3%s series D
For footnotes see page
2165.
*89%
J-J
1961
A-O
1969
M-N
80%
80
79%
'
94%
98%
67%.: 80%
11
X
99% 100
79
75
80
81
2
72
82%
63
63
5
58
66 ȣ
63
63
1
58
68
62%
62%
57
62%
*60
47
64
V
47
50%
29%
-
66%
58
29
-
42%
51
32
k«*\
30%
.
J-J
1
.
48%
48
v:
•
48
53%
26%
37%
57%
2
57%
9%
3
7%
91%
89%
70
51
__
__
15
8
91
87
66%
* 48%
„
*101% 103
109%
109% 109%
30%
30
30
1
26
31%
34
117
29
40%
M-N
33%
30%
30%
30%
5
30%
38'/4
37%
38%
35
54%
55%,
/S'*—
M-N
38%
5s
—_
Lex & East 1st 50-yr
debenture
5s
Miami gen 4s
A-O
A-O
J-J
A-O
F-A
1951
1065
;
32
36
f
II'
H>. X-''
V
1955
series A——1962
10%
ALong Dock Co 3%s ext to
95%
Long Island unified 4s_:
92%
Guaranteed
74%
4s
ref
gold 4s
stamped
Lorillard
(P)
;
Co deb 7s
.
112%
122%
& Ark
1st
Louisville
Gas
Elec
109% 111
Lou
5s series
3%s
Bridge Co gtd 4s
A_—1969
■
46
1945
94%
112%
' F-A
: JrJ
M-S
M-S
106
115
121% 123%
'
~
:•
102% 103%
16
94
93%
94
7
'
8
•
91%
<:
92
91%
96%
98
97%
94%
23
112'/a 112'/a
3
112
115
120%
2
120
122%
93V4
120
80
61
117'/a
112
4
'«;%X
"
104
13
122% 122'/*
93%
94
A-O
.
112% 112%
103% 103%
/ M-S
—1966/v-
114
1
*100
M-N
" M-S
51%
13
105% 105%
A-O
M-S
1951
Louisiana
& Jeff
;
i——1944
debenture.
92%
92%
102% 105
&
1950
1949
1949
—1949
'
*114% 117%,.,
65,
59
162
M-N
1951
99%
96
A-O
1952
-'J—
F-A
1944
87%
Leh Val Term Ry ext
,5s
stpd
f 4%s
67
1
'
95%
74%
VA
modified——i.
81
k
Island RR—
Term
Gulf States Steel
17
95%
976
95%
57%
'
89
73
A-O
J-J
77%
*78
F-A
v
2003
.—2003
2003
—2003
—2003
81%
73
Feb
5%s B_-
70
*99%
<
stamped..j—
Lehigh Valley RR—
/4s stampied modified
4s registered—:
Little
Bay Si West deb ctfs A
35
5
-
31%
104;
95%
J-J
A
®1
~~81
J-J
General mtge 4s
4
77%
95%
F-A
'
•5s
4%s
General 5%s series B
41
41
*
"
-
—1964
——1964
5s———1974
stampedj.j—1974
Leh Val Harbor Term gtd 5s——1954
Lehigh Valley N Y- 4%s ext__
1950
84
"
104
* M-S
' J-D
Grays Point Term 1st gtd 5s___
25%
__
J-D
deb 5s w w__
*117
-
97%
88
74
77
1
'
1954
5s
95
79%
—
78%
77
J-J
F-A
ref sink fund
75
77
.J-J
5s_____——1954
sink fund
ref
2
97%
80
41
1 A-O
Z M-S
stamped—.
5s
J-D
' J-J
*
7
97%
79%
*72%
J-D
.•1st Si ref sink fund
1949
Gen Steel
1949
J A Georgia & Ala Ry 5s
Oct 1 1945
tSAGa Caro & Nor 1st ext 6s
1934
Berg Co cons 5s
Castings 5%s
/
80%
100% 100 %
81%
"...
1965
& N Y 1st gtd gold 4s_
1945
Valley Coal.Co—
1 \
*
stamped—
——1944
1st &
Gas Sc Elec of
101
93
'100% 100%
81%
J-J
J-D
1997
(
Lehigh & New Eng RR 4s A—:
<
1956
1956
99%
98
—
♦99% 100
___
Lehigh Coal & Nav s f 4%s A——1954
;Cons sink fund .4.%s series C__—1954
Lehigh
*3%
3%
1982
1%
%
100% 100%
.F-A
F-A
F-A
F-A
_1947
3%s—1997
f'Alst mtge income reg
'
$Fonda Johns & Glover RR—
ACertificates
to—
Lautaro Nitrate Co Ltd—
7%:ui%,
•
3%
Mich Sou gold
Si
registered
3%s
105% 107%
y
106%
105% 106%
*106%
A-O
A-O
.
D_—
1960 '
A—_i_—L—1942 ? ■
B—_1942
Coll trust 6s series
%
.'.,*—
97
J-J
J-D
1974
Peninsular 5s
$Florida East Coast 1st 4%s
t AFla Central &
83%
97
96
105% 105%
J-D
M-N
86
101
89%
43%
80
95
*83%
40'/*
83
90
*90
111% 111%
5
41%
41%
41%
%
M-S
M-S
M-S
*
ref 5%s.series
&
•Coll trust' 6s series
5s extended at
Fairbanks Morse deb 4s___
108 Va 110
1
J-J
-
i'gARef Si ext mtge 5s
——1942
;
ACertificates of deposit—
—
Doll & ref: 5%s< series C___—
1953
106%
45%
v
97'/*
*99%
__
52%
61
60%
,
A-O
J-J
1939
gALaclede Gas Lt. ref & ext 5s
86%
80
299
*103% 107 u:
—
37%
60%
43
>
56%
*61
■
43%
7
J-J
—1997
1954
Kresge Foundation 3%
.
.
J-J
53%
47
104%
103
28
66%
64%
A-O
88
40.
44 V*
99% 100%
*99% 100
64%
86
48
150
*103% 104
A-O
97%
J-J
•
1961
unguaranteed--
4'/as
Kings County El L & P 6s_—
99% 103
22
99% 100 %
M-S
—1965
3%s
53%
93
41%
J-J
J-J
J-J
—1961
31..
109
108
A-O
1956
1995
1950
43
6
A-O
J-J
J-J
Kentucky Central gold 4s
,
102% 102%
;
7
97%
A-O
1st gold 3s
1950
impt 5s_l_—;____—Apr 1950
Ref Si
Kansas
101% 106'%
17%
M-S
A-O
48
*46
A-O
.
City Sou
Kansas
x
37
*33
r
48
97%
97%
J-J
deposit...
of
ACertificates
f
87
82%
17%
1%
%
«
.
4s__1990
t§AK C Ft S & M Ry ref gold 4s_1936
108% 111%
44
110% 111%
r
.
& Mich .1st gtd gold
Kanawha
6'%
78%
__
103% 104
ir —
J-D
M-N
.
<110% 110'%
103'%
90% 101
K
19%
**•
.
Jones Si Laughlin Steel
3%
16%
110%
A-O
96
85
1
96
99%
M-S
1st 4s
104% 105%
23
56%
F-A
4%
2%
15%
*86'%
M-S
29%
103% 105
6
103% 103%
104%
19%
3%
16%
J-D
18%
21%
55
18%
11%
15%
103 7/b
J-J
1955
.-1951
:
■ ;
:;■ ■■
19'%
"2%
M-S
2%
1%
11
18
15%
F-A
4%s—1952
St Teleg deb gold
James FrankI & Clear
3%
v
20%
11%
2
14%
M-N
1947
;
$AIowa Cent Ry 1st & ref 4s
>
107
16%
J-J
1935
104
__
15%
—
A-O
105%
103
61'/*
15%
F-A
1955
"9
8
*1%
M-S
-1972
1st 5s B.
Debentures 5s
103% 106%
6
101'%
53
-
16%
J-J
i.
9
J-J
___1955
Ref sink fund 6s series A
J-J
J-J
27%
93'%
6
Int Telep
53%
16%
J-J
A-O
J-J
;_______1956
Hydro El deb 6s_j
__1944
Paper 5s series A & B_v._1947
Internat
30%
1
*__
•
20%
101% 102
A-O
gold 5s series C
28
27'/*
27'%
1st
M-N
78
101% 101%
Lake Erie Si Western RR—
ctfs
.
108% 108%
103% 103%
101%
5
,,
Northern 4%s
:/.i,
70
*108% 110
M-S
A-O
A-O
AAdjustment 6s series A^__July 1952
lAlst 5s series B.«\
1956
1969
gold 4s___1936
series B
1st
49% V
50
98
50
22
35%
105% 105%
.1971
F)
57
46%
21
39%
J-D
.1947
Gotham Hosiery
58
•
52%
28
j-J
.«——-—-—1965
Francisco Sugar
83
__
58
53%
47%
x
1st
ref
71
*79%
♦__
53%
1
49
40%
30
104% 106%
2%s debs___—
Food Machinery
50
58%
38%
125
43
*37%
Lake Sh
Si
41%
2
5
106'/* 107'%
I
& Ship
<
48'/*
•
178
41
mL —
.2015
1st
17
221
36
*107'%
.1995
Gulf
54%
.
40%
28
.1957
AGen
42%
J-J
F-A
jAInter-Great Nor 1st 6s series A_1952
*105
Railroad Co—
1st mtge
51
'
51
47%
33%
_____—1936
Elgin Joliet & East Ry
El Paso & S W 1st 5s
Gulf
39%
37'%
*107'% 109'%
1st cons gold 5s
A Debentures
42
J-J
Koppers Co 1st mtge 3V2S-—
A Green
48% X
45%
,
>
70
26
J-J
Ry Minn Nor Div 1st 4s
Tenn Va & Ga Div 1st 5s
Great
49%
38%
42%
<
43
;
44%
Kings Co .Lighting 1st
1st. & ref 6 %$_'__
(B
39%
2
70
23'%
*32—35
A-O
;
1947
1965
Gen St ret mtge 3%s series G—1966
Gen & ref 3s series H—
1970
Detroit Si Mackinac 1st lien gold 4s 1995
A Second gold 4s
1995
Detroit Term & Tunnel 4%s
1961
Dow Chemical deb 2%s
1950
Dul Miss Si Iron Range Ry 3%s___1962
*§ADul Sou Shore & Atl gold 5s—1937
Duquesne Light 1st M 3 '/is
1965
Goodrich
143
39%
20
J-J
JADes M Si Ft Dodge 4s ctfs
JADes Plains Val 1st gtd 4%s
Detroit Edison 4s series F
§A2-4s
25
44%
42%
45%
42%
40%
27
.27%
of
42% *53%
49%
41%
42%
46
45%
33%
'
&
!
J-D
*32 :£
J-D
_1946
94%
92
"
t ADenv & ft G W gen 5s__—Aug
AAssented (subject to plan)
ACertificates
86
k,
J-D
28%
31
SAConsol gold 4%s
A 1st
70
85
86
89
J-J
J-J
36
J-D
1946
1st cons
Tire
84
89
*30 A
.
__1963
27%
I
'
J-J
1952
mortgage 4'/2 s
Firestone
92
*86%
J-J
4s_!
1st gold
327%
33
J-D
-
99% 101% >
8
93%
'
—
receipts
Div
.
92%
____1963
ref 5s
1st
Ind 111 & Iowa
107%
106
13
107%
100% 100%
A-O
Dayton P & L 1st mtge 3s__—
1970
Dayton Union Ry 3%s series B—1965
Delaware & Hudson 1st & ref 4s—1943
Delaware Power & Light 1st 4%s—.1971
1st & ref 4%s_
—,
1969
Y St
f
1 90
series A
Joint
-j
D
AN
92%
17
(*86%
' M-N
!- M-N
F-A
J-D
J-J
J-J
F-A
. J-J
•
1951
_l__
99% 102%
20
<
"!
j
gold 4s_j_
Int Rys Cent Amer
Ohio
15%
1950
$AInd Si Louisville 1st gtd 4s_____1956
Ind Union Ry 3%s series B
1986
Inland Steel 1st mtge 3s series F__1961
Inspiration Cons Copper 4s
___1952
Interlake Iron conv deb 4s
1947
108% 110%
109% 110
*107
J-D
1955
Erie
48%
8%
1st & ref 4%s series C__
108%
7
a06»/* 106%
X-106%
M-N
1950
stamped-.
36 V*
223
/:>
2
■
5s
159
;
101% 101%
101%
J-J
J-J
A-O
,.M-S
A-O
'• M-N
>
gold 3V2S-______i_1951
Gold 3%S-___
34%
80
107% 107 34
r
109%
•;
-M-N
1955
extenc
Elec Auto-Lite
118% 120%
/:V 20
15%
14%
,
45
•
Springfield Div 1st gold 3%s__^_1951
Western Lines 1st gold 4s
1951
108% 108%
*
108%
receipts
(NY)
.
90
35%
53
118'/a 118Va
'44%
46 vX
}
61%
102% 104%
\ ■'vsa 3
102% 102%
<39
41'/*
14%
j J-J
;
1951
Collateral trust gold 4s_'
1952
Refunding '4s____;
j_______1955
m
34%%
26
10
88'/a
M-N
.*
23%
'
32%
32%
debs.
series A exte
Ed El 111
46
98% 103
5
]
. .
^
i
__1953
Refunding.5s_____
1955
40-year 4%s___u
j
i.1966
Cairo Bridge gold 4s
1950
Litchfield Div 1st gold 3s_
1951
Louisville Div St Term gold 3%s_1953
Omaha Div 1st gold 3s_j_______1951
•St. Louis Div & Term gold 3s
1951
102% 104
9
;■
!
1
1st
Collateral trust
104% X 104'/a 104%
.
/■ ;■■,
,
3%s___U—
•Purchased' lines
28
J-J
1942
East
11.8%
<
122% 126%
7
41
111 Cent and Chic St L & N O—
receiptsCuba RR 1st 5s golc
A Deposit
receipts
East
41%
A-O
2%s series A___1981
Central RE—
109% 110%
%31%
f debs—~
ARef & impt 5s
High
;
A-
108% 109%
__
13
J-J
ADeposit
ADen & R G
Low
,
v
90.
;
•
F-A'
'*
89
y
I
M-N
1957-A
A
.1
income 5s__
Extended
104% 104%
102%
1966
1st
January 1
No.
101% 101%
■
90
t
M-N
____1949>
1st 5s
;lst gold 4s_
.
102% 102%
104%
■
1969
ADepo6it
29
108% 110%
2
*109'/a HO
''
B
Range Since
Sold
126% 126%
;
'
'
J-D
A—1962
series
t,
—
*109%
J-J
.
series
21
22
.
Power Co—
ADeposit
AAdj
~
*110%.,
M-N
A 6s
5s
Manhattan
Si
«
105% 106 Vh
1960
f
s
Illinois Bell Telep
'107% 108
J-D
_1954
1st
Hpdson Co Gas> 1st gold 5s
Hudson
—
'110% 110%
X
1967
A7%s
:
1st gold
1, v..
J-J
1956
s
Coal
Hudson
;.
J-J
Co 2%s
•i-'"
>
107%
106
10
107
"107
*110,—
A-O
1956
Crucible Steel 3%s s f
?;■
>v
A-O
M-N
78% 101% >
44
Bonds
*
High
'
\
-1951
Crane
i
102
J-J
1999
—1944
gold 5s_—1937 ;
„_1954
Co 1st mtge^v_
'
A-O
1948
Coal s f 5s.
88
24% A
85
Friday's
Bid & Asked
$}:• i-fj'
':w:
\
(R)
"109
A-O
/J-J
J-J
F-A
-1958
Consolidation
\.rr}
UAHousatonic Ry cons
Houston Oil 4%s debs
103%
U 84% 102
3
85
83%
85
-
.
JAConsol Ry non-conv deb 4s__.
•
Hocking Val 1st cons gold 4%s
15
230
90
f
21%
88%
90%
A-O
debentures
i
80%
9
82
20
c
or
Sale Price
H
y:
Hoc
102
Week's Range
Last
Interest
Period
"'
Low
66%
81
20%
J-J
.
1961
debentures
.
71%
60 %
*101% 102%
81
Exchange
June 5
v
67%
Consolidated Edison of New York3V4S
84
Stock
Ended
r;
♦103%
J-D
1951
_—1951
L 1st & ref 4%s
gtd 4%s
Riv Pow s f 3%s A
Consumers
75%
5914
60%
May
;
1st 4s___
Riv
Pasump
Stamped
Conn
38
High
York
Week
i
.
Illinois
1968
3%s series I—
debs
Conv
Conn
Conn Ry &
Low
No.
..
Commonwealth Edison Co—
mtge
Sold
79
New
Range Since
January 1
Bonds
65%
67%
./F-A
Mackay Corp—
deb w w__
Apr 1 1969
Commercial
1st
.
1st extl 4s-.__._-.—1955
Tol
Columbus &
A
mtge
income
A5s
77%
79
A-O
A-O
A-O
J-D
F-A
A-O
M-N
M-N
A-O
J-J
A-O
M-S
gtd 5%s____—1972
1st s f 5s series B gtd
1973
1st s f 4%s series C
1977
Coal River Ry 1st gtd 4s___
1945
Colo Fuel Si Iron gen s f 5s—_
1943
Term
Union
High
Low
^
Cleve
Friday's
or
Friday
BONDS
Week's Range
Last
Monday, June 8, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
2162
80
82
12
105% 105%
79
84 Va
108% 110
*108% 109%
3
105
106
Volume 155
2163
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4079
-
NEW YORK BOND RECORD
Last
Interest
Exchange
Week Ended June 5
v.<
Stock
Sold
Asked
Sale Price Bid &
Period
Loio *
Low
No.
High
& Nashville RR-
Louisville
-
9974 100 Vi
91 V<
A-O
2003
1st & ref 3%s series E__—____.2003
Unif mtge 3 Vis series A ext—__1950
Unif mtge 4s series B exti_-——I960
.•
A-O
1st
ref 4s series D
&
92
805/e
QVA
•
J-J
High
91%
.
87
:
21
r
.1978
105
joint monon
& Cine Div 4s
Knox
•
^
1947
1
lien
1st
1965
A-O
ref 3 Vis series
1966
-A-O
J-D
&
1949
3-D
Manati
Manila
4s.
(South Lines)
RR
iSAMan G B & N W 1st 3%S
Shovel
Steam
Marion
f
s
6s
-Stamped
Q-A
Q-A
98
100'/a
97
lOt
V
ANon-conv
deb 4s
ANon-conv
deb
90
M-S
A-O
58
60.
F-A
105 %
/
"9
4%
9
4s__
A
deb
Debenture
3%s
& Sag
& State Line 1st 3Vis
JAMinn & St Louis 5s ctfs
& .ref
A 1st
'
gold 4s_
A Ref & ext
—
24%
M-S
4;
61
67
-
5
38
57%
64
10
63
68
35
5
32
18
46 T
26'/a
7%
37
7Vi
2
13
'
Q-F
9%
1%
,
'18
-1V4
I Vi
4%
1%-
12%
12
12%
346
9%
14%
3-J
12%
12%
30
9%
14%
gtd as to int__ 1938
1946
3-J
12%
12 V'a
127'B
3-J
4%
4%
1
ref 6s series A
&
A_i-——_-__1962
34 Vi
1962
D^-i._i-1978
adjust 5s series A___Jan 1967
J-3
29 Vi
J-3 '
30%
Prior lien 5s series
40-year 4s series B
lien 4 Vis: series
Prior
ACum
A 1st
1st mtge
Morris
&
Mountain
States
32
23%
.
64
-•2
25%
3;.
-
88 Vi
1
•
t
32%
f
33 Va
i
44
-
: 110
109
104%
86% .87 —
.82
'87
~
-35% :43%
124
35% '■ 46%
26
47
J-D
108% 108 Vi
1
1067i 108 %
M-N
111% 111%
3
111% 112
"
■
Ref
"
104%
13
100% 103%
4
England RR gtd 5s_.
,-1945
Consol; gtd 4s_;—1945
New
3-J
J
N
J§AN O Tex &
■.•■■■•
,
5s
series
A 1st
5s
5Vis
73%*
3-J,
of
deposit-
*32
74
mtge 3%s
& Elec
Gas
77%
•
-4
*
42
,
,
N
Y
gtd 4%s
Central
RR
4s
—1998
series A
—1946
—2013
impt 5s series C_i—
12013
Ref
&
&
Conv
•
i.
"
a-
Cent
3Vis
Lake
.....
Hud
coll
4-*
i
2165.
F-A
1998
.
F-A
>
48
3-J m
V
50%
52%
-
F-A
-
.'v
108% <
29
21
.
\
3-J
*1101/8
v
<
M-S
'
•
—
.421/4
54 %
59%
69%
59%
48%
59%
109%
108
109% 111'A
vs^y:.
*102%
:
'
73%
45 Vi
48%
12
108% 109 Vi
52%
3-J
53'/8
50'A
.;«■
V
•
341
•
78
66
45
54
49Vi
621/4
?*■- J'J
102% 102%.
—
8%
4%
7%
7%
7%
;
106% 107 Vi
"
107
M-N
3-D
f-a
108% 110'/4
108% 108%
11
109% 103%
4
108 % 110
107%
107% 107%
5
107
103%
103% 104
*__
102%
2
102% 104%
'■
M-N
J-D
106% 108%
39
109%
M-S
3-J
1945
5s_:.
1st
\,
M-S
Coast
Pacific
Co
*103:
__
108%
1021/4 103
102 Vi 105
117%
107% 107%
107%
1st
&
&
ref mtge 3Vis series I
1st & ref mtge 3s series J—
1st
48%
47%
4
107
109% 112%
111 " 112%
95%
97
108 Vi
106 »/4
104
7
78%
98%
82%
49
& ref M 3s series K
46
'
i-•
?
J-D
90
4374
47%
49 '
mtge 3%s .series C_^
1st s f gold 4Vis
Paramount
1st
f
.Parmelee
Pat
39>46%
&
107Vi 1091%
10
106 % 108
80%
90%
—
1966;
106% 106%
108% 108 %
106%
A-O
■
__
99
102 %
11
99
101%
5
85
94
92%
**3.
F-A
loan ctfs"—
1955
debentures_1956
107% 108 Vi
105
deb
G &
Passaic
6s—
E
cons
5s„
.
60Vi
'
99%
28
43%
x
*116%
-
99%
7
97 Vi
"93
44 Vb
Pennsylvania Co—
Guaranteed 3.Vis trust ctfs C—21942
Guaranteed 3Vis trust ctfs D—1944:
t
■
66
78%
-53
50
36
2
•
49
118%
118
ctfs
l
1st &
1952
J-D
J-D
2,
M-N
-2-1963
1960
ref 4%s A—_1977
4 Vi6 series B__-
102 A
.
.
'
F-A
J-D
A-O
:
—1981-'
-
debentures
F-A
F-A
25
1
101% 101%
1
*101%
J-3
1969
1974
ioi%-
2100% 101%
103Vi 103Vi
i
57
'47%
56 Vi
46
491/2
-
1041/4
105
106 Vi
*106
101
10213«
103
103% 103%
107
100 Vi 105'%
105
103
101'/a 104
101 % 101 Vi
—
105% 106%
100%
30
105
108%
99% 100 Vi
58
99
107 %
102% 103%
61%
i.—
Ohio & Det
4 Vis
79%
'
98% 100%
43
—
61
>
series E trust
Penna Power & Light 3%s__—
59%
72
4s
Secured 4s__—2-1
Pennsylvania Glass Sand:3%s
Pa
54V4
49%
11
v
47 %
48
-
60%
58%
7
60%
60
99%
43
M-S
1944
1949;
105
lOOVi 103'/4
6
A-O
M-S
Pictures 4s
Trans
106'A 108%
11
100% 100%
;
•'
—
*105
3-J
2
84%
__
Broadway Corp—
M s'.f gold 3s
Paramount
110% 112%
24
3-J
-1938
M-N
Ref
;
44
107
108
100% 100%
99% 100 Vi
107 Vi
J-D
1st ext. gold 4s__1938
112%
108% 109 Vi
112
__
J-D
F-A
90
*89
__
112
3-D
I960-
2
48%
46
3-D
1964.
1961
1966
1970:
1971
ref mtge 3%s series H
1st
t
J-D
1st gold 5s_—1946;
Panhandle East P L 3s B
:
28
53%
>
/'
v
.
135
-•
t:
66
Vi
46v
46%
59%
27%
38%
V; 2
39
38%
—
47%
62
96Vi
y-i
302
•
53%
53%
X
.
105%
46%- 593i
515
.
*47%
u
•Xn
J-3
41%
/-"'.-li
'.V85
66
-
F-A
—1998
4.——
_4———1998
For footnotes see page
F-A
/•
.—
144
72%
3-J
1998
J
56%
1997
gold 3 Vis
registered
"
•
72
3Vis—__1997
.
:'y
'
49
53%
72%
'
I
40%
v
•
J-3
r
49%
54
,
1
ii/.?".-/' 4'V"
63
—1946
?
48
3-J
wLgold 3Vis
registered—
Mich Cent
3%s
River
registered-
Shore coll
3Vis
'£■
&
"
3-J
1st gtd 5s——1943
Transmission
Guaranteed stpd cons 5s
50
49'A
-
42%
Oregon-Wash RR & Nav 43_——1961
Steel 1st mtge 4%s ser A
1962
45
A-O
-
67
40%
3-J
Otis
52%
45%
M-N
—1952
!
*•:/'
secured 3Vis
"
N Y
i*i
6b
•
1
37
95%
-
70%
40%
V
.
3
38
44 Ve
-
-
-
:
Vi
70%
88
111
105 Vi 105%
5
95
95
~
-
27
i.V'
1
109% 109 Vi
-51
48%
-
.V
72%
70%
3-D
V:
39
A-O
A-O
.
impt 4Vis series A—r
Q-J
Q-J
Q-F
Q-A
•
1966
1955
-
'I 38
5
'
10-yeai* 3%s sec s f
Ref
--
—
v
101
—
111
44 Vi
46%
47%
F-A
/vi
65
113
99 v.
--
109 Vi
40 -M
*100
3-J
-
v;
A-O r
;
■
111
Gtd
1945
———•
—
3-J
t.
General
X - A-O
Paducah & 111
37%- 50
3474
•
413 8
Newport & Cincinnati Bridge Co—
*99%
119
112/
—
104Vi
119
121
•111% 114
yy
.
100% 103%
10
102
,
r-
28%
100 Vi 104
3
3-J
40'A
deposit-—-
V:
26%
124% 128%
—
—
M-S
Oregon RR & Nav con gold 4s„^_1946
Short Line 1st cons gold 5s—1946
41%
•
IO2V2 102%
80
107%
•
37
39
40
1021/2
Ore
39 Vi
44
102'A 1021/2
3-D
8 A 2d ext gold 5s
i
Pacific TCI & Tel 3%s series B
34
38
•
A-O
1954
1021/2
1946
82%
-,72
12
42
3%s
debentures
4s
76 Vi
105
42 Vi
*40
125
M-S
-
fMis 9
125%
.
>
.
1
74%
21%
23%
32
25
69%
15
24%
25
O-A
—1967
1972
1966
mtge 4s__—
Oklahoma
105 Vi 107%
*._ <&:.•: 43
F-A
73%
22%
...F-A::;",:.;
-.
1967
§APac RR of Mo
9
41 Vi
F-A'
69%
F-A
-
__1997
__1997
82
.11
-
-
deposit
of
-
11
38
series D_„„'—r„—1956
ACertificates
"l
107
-
73
'.23.
:
•
F-A. ^
1974
75%
-
79%
73
r
series A_
2
1st & ref mtge 3%s
1st
70'A
•■75%
*30
1956
Ci-———
•
101% 103'%
Co—
States Power
1st
120% I24V4
5
160% 107 Vi
J-D
deposit—-—
ACertificates -of
A 1st
107
107
A-O
3
0
107% 109%
78
c.
103 %
F-A
•
.
}§AOg & L Cham 1st gtd gold 4s_1948
Ohio Connecting Ry 1st 4s
1943
Ohio Edison 1st mtge 4s
•___^—"-1965
117% 120%
16,
'
77%
79%
J-3
B^—____—.—1954
series
A 1st 4Vis
,
*76
3-J.
109% HIV4
103
A-O
1-1974
Pacific Gas & El 4s series G
108 % 109
108%
13
74%
56%
_32
118% 118%
*75%
A-O
ACertificates
X
67%
A-O
of
ACertificates. of
.
66%
123% 123%
n-c -itic 5s——1935
deposit:
__i—
Mex
V ACertificates
A 1st
-
66%
56
24
M-N
A-O
111% 111 %
92%
90
71
F-A
1986
.-I960
New Orleans Great Nor 5s A
1983
N O & N E 1st ref & imp 4%S—1952
New Orl Pub Ser 1st 5s series A„1952
.1st & ref 5s series B——
—1955
New Orie^ns Term lst gtd 4s__—1953
N J
7%
108% 109%
119% U9Va
—
68%
118%
J-D
_sl952
1961
-England Tel & Tel 5s- A
gtd' 4 % s series B
:
Junction RR gtd 1st 4s
Pow & Light 1st 4ViS—
1st
v
104%
102 %
__
•116V4
71
3-J
JANew
A
*91 Vi
M-N
J-D
—1948
5s
3%
45
6
*108% 109 3A
!U%
3-J
•
_i__i_2047
...
2047
impt 5s series D^
&
(Minn)
103'/4 105 Vi
,9
10274 10274
104
„
102%
A-O
SANaugathck RR 1st gold 4s—.-1954
69%
•
100% 101%
3-D
M-S
—
Newark Consol Gas cons
62%
10
63%
62%
5%
109 Vi
108
*108% 109
5%
-
•
42 Vi
31%
N
F-A
15%
93 Vi
,
i
•
1959
c
Ontario Power N F
series A—,--1978
Nat Dairy Prod 3%s debs—
1960
Nat Distillers Prod 3Vis
1949
National Steel 1st mtge 3s__;
1965
18 Vi
75 V*
M-N
ry & -Id gold 3s____Jan 2047
registered
t
2047
Ontario
Nash Chatt & St L 4s
38
14%
■I 4
Vi
39
37
34
29
91%
A-O
.<Wiser-lst mtge 3%s-jLi2.i_i-*_1964
Teleg 4 Vis ext^.
^-1944
35%
38%
35
103
8
33%
33%
M-S-
Northwestern
■103% 106
4
....
37
35%
M-N
1955
T & T 3%s—.—1968
1st gtd 5s___—1947
11
91%
107% 112%
6
M-N
1955
,i.
106%
104% 104%
91%
of
Ref & impt 5S series C
i
54
98% 104
-
21
104% 104%
37
104% 106
105'/a
*102
9%
.
lien
3s
90%
80%
;;
:
108 % 108%
J-D
109% 110%
109% 109%
'
_t-
7%
"I
Ref & impt 4%'s series A—__2047
Ref;A? impt 6s series Ri—2047 2
24% .31%
:
>110%
3-J;
48%
i
registered^-
Gen
1%
33%
v
7--.
—
J-D
2%
39%
v
•
3-J
guaranteed gold 5s
4s
25%
7-.
44%
108%
A-O
1%
1
4%
•
11%
-1954
—u.
-
North Pacific prior lien 4s___
33
%■'
-
■${2%
99% 100'
A-O
30
41%
41%
3-J
1945
(stamped can¬
guarantee)
_1945
ACertificates of deposit
——_
2H1
2.
•
192
26%
1
2
1%
.
mtge gold 5s
cellation
'
32,
25%
44
70
11%
1949
u—
—
A 1st
33%
;. 221%
•
148
25%
88'/a
10
6%
33%
'
•
1%
26%
99%
83Vi
82%
6
.
3Vis_i—
deb
Amer Co
Northern
Penh- Pub Serv-~
*
4%s-—__-—-I960
Mutual Fuel Gas
...
.
& ref 5s
Gen & ref 4%s.series A
>4
1%
25 Vi
25Vi
B_—1966
M 4Vis series B
;
;•?;./121 vi
23
-
25%
M-N
73
,
F-A
5s conv inc__'_-i—
North Central gen
22%
21% 33%
.■2^:25%; 31%
,
-2'';
25%
25%
F-A
1:' Constr M 5s series A:——
Constr
•
<
25%
1965
Power-1st & ref 3%s
1966
Tramways 5s ext—-——1951
Essex 1st gtd 3%s_
2000
Montreal
.
26%
F-A
41%
61
35
17%
4Vis series A
mtge
Debenture 4s_*-v.-
35"%
■
7%
'
M-S
debentures..:^
Montana
27
25-V
Monongahela W
6s
25%-:,.
25%
gtd gold 4s_r_1991
Monongahela Ry 3 Vis series
'
101
25%
vi%;
at 4%—July 1938
Pac 3d 7s ext
gAMo
I,: 21
-347
25%
1%
211%
82
M-N
33%
20
I
100
3V4
A-O
/ACertificates: of' depositii'r-^'-.'J---^
Moh'k & Malone.lst
1_1966
Niag Lack & Ont Pow 1st 5s A-i_1955
Niagara Share (Md) deb 5Vis___^_1950
Niagara Falls Power 3%s__L-
41.
24%
.97
27
25%
8%
311
'■•12%
1967 i
^-1946
Telephone 3Vis series B
Y West & Bost 1st 4%s
Debenture 3%fe_U
2
370
M-N
L.-—V-—-1981
ref 5s series
&
A 1st
Y
1st
96 Vi 100 t
30% 44%
W
25%
AConv gold 5Vis
——1949
A 1st & ref gold 5s series H—--1980
ACertificates of deposit——
3%
F-A
1998
2014;
$§ANorfolk Southern RR 5s A
-1961
Norfolk & .Western Ry 1st gold 4s_1996
25%
M-N
G—4——1978
deposit———
of
ACertificates
ATerjninal
;
AGen mtge
V; k
124 'Vi.
/
•
40%
18
6
J-3
Norfolk Southern Ry Co—
26%\
2%
deposit———_
of
ref 5a series
t§AN Y Susq
§A2d gold
§ AGeneral
66
17Vat
25
43'%
50
5 Vi
-
38 Vi
3-J
3%s—--1963
& W 1st ref 5s
—1937
4%s
i.
1937
gold- 5s_—
_1940
1st gold 5s_i.—.--1943
.21%
145
26 Vi
Vi
35%
VX,
M-N
NY-Steam Corp 1st
.%
254
M-S
.M-S
59
4%
'
60%
291/4
25%
57-
5
36
34%
19
23
82
J-3
-
1
31 Vi
26 Vi
a...-—
4s——--1975
F—1977
ACertificates
Lt & Pow 3%s
lien 6s stamp
-
4
•25<
ref 5s series
&
Alst&
:
deposit
of
ACertificates
AGeneml
1993
1965
1958
gtd 4s_t
A 1st
F-A
24
326
31
■
A-O
^Northern 'Ohio Ry—
A_——-—1965
& ref 5s series
36
19%
6%
27%
15%
19
55
38%
J-D
141/4
34%
—
15
33%
39%
M-N
^^i.19551:
-it-J
;
cons
3%
27
>.
17% .1:
A-O
Missouri Pacific RR' Co^" ''''^ '*>•■•A 1st
31
-
1st
Y Rys prior
North
3-J
34%
33
31%
58 •"
M-S
•
9%
40 Vi
Missouri-Kansas-Texas RR-^
34Vi
18%
26
29%
'•
M-N
-
35%
20%
49
36%
J-D
1
37%
39%
J-D
-gold 4s_*.—-1990
Mo Kan &. Tex 1st
•
-_1957
19Vi
22
31%
.
33
31
39%
A-O
-
133
J-3
A——1959
jAMo-Ill RR 1st-5s series1
64
103%
100
30'A
•31-
3-J
2 27 2"
65%
65%
59
55%
7
■V;
31%
32%
3-J
-
5
-l-
3-J
1978
ref 5Vis series B„
A 1st &
M-S
-*——1949
5%s__
A25-year
33
3-J
1948
4s-^-v-
N Y Queens El
N
§AN
12%
A 1st
56
52 Vi
29%
31
1%
;
3-J
gAlst stamped 5s
80
60
103Vi 104Vi
'
18
54 V
55%
'32%;
r
A-O
;_1940
4s_-
& Putnam
Y
N
Marie
16
__
29%
./
-1992
N
.?
6%
36
174
7'/4
.
29 2*
1
37
M-S
119%
lllVi 115
*101
.
'■
—1954
45%
J-J
M-N
108%
116
79%
52%
■557/a
-M-S
4Vas-series of 1927—1967
AGeneral
'
104% 107
.13 ;•/'
,* A 1st cons 4s,*stamped-:.—..—-1938
§ A 1st consol 5s
1938
;
;
—1*
,
54%
24 Vi
*1.00
-M-N
$AN Y Ont & West ref gold 4s
96
63
,
J-D
|
t-
1956
;■
6s
A Debenture
35
.54%
A-O
J-D
107
7
107%
78%
.
53
-M-S.
3VisJJ__1956
70
93%
105% 105%
105Vi
M-S
83
106% 108%
21
2
'
98
62%
•56
J-J
50-yr 5s series A_—1962
tMinn St Paul & Sault Ste
•95Vi
M-N
1947
1941
^1934
1949
t AMilw Spar & N W 1st gtd 4s
jgAMilw
4s
SACollateral trust 6s_—
.
69
1
70
70
.
64
71
"v.,
111% 111%
—
1955
-
tAHarlem R & Pt Ch 1st-4s
M-S
1951
1st gold 3Vis
1952
Ref & irapt 4Vis series C—--1979
Michigan Consol Gas 4s_V
__1963
tgAMidland of N J 1st ext 5s.—-1940
jgAMilw & Northern 1st ext 4Vis__1939
AgConsol ext 4%s
—_1939
Jack Lans
60
1
;
76
107
J-J
1947
1954 ;
;
u
certificates
deb
AConv
64 Vi
41
3%s—i-J
deb
A 1st & ref
Michigan Central—
-
1947
deb
ANon-conv
i.
10974 111%
*9
99% 101
6
11
•
■
*116% 117%
M-N
•
1
ANon-conv
105%
104
11P/4
99
106% 107
-M-N
•
•
3%s__
ANon-conv
11
104% 104%
93
fN Y New Haven & Hartford RR—
"'i
68%
103
*107 J/4
13
,.
63Va
M-N
1973
N Y I
.
•103% 104
104'A
J-J
99%
98'%
40%
30%
88 V4
2
M-N
2000 t
&
Y
1943
99'/a
88*
88
A-O
1968
1950
(Chic) 4s______1938
W Side El
AMet
N
; ! i;
Drain 5%s
&
Sew
53'%
1973
97,
:
96%
76
F-A
i
1946
t§ AN
55%
43%
98Vi.
99 Vi
99>/a
A-O
Metrop Ed 1st 4 Vis series D
Wat
47
13'
41
98Vi
A-O
McCrory Stores deb 3%
-1955
McKesson & Robbins 3%S——--1956
Merop
•33 Vi
1945
{Stamped, mod) ext
20
.
67
J-J
1940
Ry 7s series A__Apr
gAMarket 6t
85 Va
79
16
:
47%
89
M-N
.'
■
48%
46V4
•20
m-s
_^_1953
1959.
1941
1947
Manila Elec RR & Lt s f 5s
85
48
48
M-N
69i%
37
RR-
& Erie—See Erie
N Y
J-D
mtge 4'/2s series A,
83
225
991%
63
•A-O
3Vis series DJ,
N Y Edison
91'
108% 111%
84 Vi
1945
I960
Sugar 4s sink fund._Feb 1 1957
Gen
58
-'61 Vi
100% 100%
63%
F-A
4s—
M
Maine Central RR 4s series A
High
71
96
"A-O
v
1951
1st gold
Dock
Conv 5 7c notes—
.■
83
86
15
*109
M-N
—1955
903/s
90
9014
3-J J
4s__—1952
South Ry
70
'
Y
1965
Y'Connecting RR 3%s <i
N
110 Vi
M-S
1st gold 4%s__,i__1945
Mob & Montg
Atl
"2>2
M-S
1980
Div 2d gold 3s
St Louis
75%
'
N
80
84
Low
58
96%
1948
4s._l——-1946
Paducah & Mem Div
V1104
January 1
No.
99
J-D
-V
107%'
'
60
A-O
;
1950
debentures.,..,
6s
106%
104
y
1
104 •;; ;
104
:
f-a
Range Since
-
Sold
High
71
72%
M-S
,
1947
93%.
101.
V4 108'/8
A-O
1974
series' A
5 Vis
Ref
86 Vz
Bonds
Friday's
York Chicago & St Louis—
-*
98
80%
3
81
.'
9974 104%.
.
or
Sale Price Bid & Asked
(
'
1033/4 104 Vi
7107
J-J
17
87
87
A-O
:
.8
91 Vi
100
A-O
2003
—2003
Last
Period
Low
New
V 1st & ref 5s series B..__
1st & ref 4%s series C.
Interest
June 5
Ended
Week
Exchange
Stock
York
New
Range Since
i.January 1
Bonds
Friday's
or
Week's Range
Friday
BONDS
Week's Range
Friday
BONDS
York
New
.
Pennsylvania RR cons gold 4s__
1943
Consol gold 4s.
1948
4s sterl stpd dollar.May 1 1948.
Gen
i
mtge
C
3%s series
Cons sinking fund 4%s
General
General
4Vis
5s
series
series
B
A
;
.
:
1970
.
1960
.
1965
1968
M-N
..
-
M-N
A-O
F-A
J-D
3-D
109% 111
*108% 109%
; M-N
109
*108% 109 Vi
90
89%
121
90
y4121V*
30
1
•Ill
89'/2
119
94 Vi
122
101 %
101% 102%
58
101% 105",
108
1073/4 108%
17
107% 111%
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, June 8, 1942
NEW YORK BOND RECORD
Interest
Stock Exchange
Period
June 5
Ended
Week
I
Week's Range
or Friday's
Friday
BONDS.
New York
Last
Sale Price
Bid & Asked
Low
High
BONDS
;
Bonds
Sold
No
Low
..
York
New
Range Since
January 1
Stock
Week's Range
Friday
June
Last
Interest
Exchange
Week Ended
5
Period
or
Low
High
South
Tel
&
A'O
3%s.
debentures
3s
93%
86%
Tel
Bell
Southern
81%
Range Since
Sold
January 1
No.
High
Low
10
107%
105'A 105 Va
102%.':102%
High
16
106% 107%
103% 106%
25
107
' —1
,
J-J
97% 100%
97 % 100%
Bonds
Friday's
Sale Price Bid & Asked
102
Southern Pacific Co-*
89
4s
J-J
105%
—.
registered———..
(Oregon Lines) A
Gold :4%s_———...J..
;
7%
3%
A.
1st 4%s
47
37
6s
(Cent Pac coll)..
4s
110% 113%
Colo Power
Gold 4%s
106% 107%
Gold 4
66%
74
56%
64%
10-year
58%
64%
San
•
...
secured 3%s
Fran Term
1st 4s
104% 108
South Pac RR 1st ref gtd 4s
103% 103%
116
116
115
108
108
81%
70%
gold 5s
1994
88V4
921/4
4s series A___
1956
60%
69
,.1956
78%
120
108
1555
Southern
103% 105%
112
94%
109% 111%
Southwestern Bell- Tel 3%s B
9%
2%
3
6s.__j.——
gen
1st &
ref 3s series C-.
Oil
of
Calif
2%s
2%
103
111
121
118
121%
"106%
106
105
Tenn Coal Iron
Tenn
Texarkana
99% 103
100%
refund
1951
1944
f
gold 4s___.
1953
Ref & impt mtge 3%s series B__1974
108'A
100
& RR gen 5s
1st cons 5s
St L
Assn
Gen
109
105% 105%
106
101% 103
112
118
"
:
100% 103%
_1956
;Ti2%;
in
—
107% 110
;_1945
Swift & Co; 2%s debs.j..i——-.-.1961
110
—
105%
103% 105%
debenturej-j——.1953
Superior Oil 3%s debs
111
__
♦111
40%
100% 102%
1961
105% 106%
—
104% 107
t 33%
1966
debs__
Studebaker Corp conv deb 6s
•118%
86%
109% 111%
1968
102% 102 n
*118
84%
80 Va
—1964
r
Standard Oil N J deb 3s
*110%
92%
79%
ASpokane Internat 1st gold 4%s„2013
.
Stand
*111%
88%
83
gen 6%s
——1956
Mem Div 1st gold 5s
;
1996
St Louis Div 1st gold 48—j.j^j.1951
-
30%
24
28%
8%
cons
99% 102%
*101% 101%
27%
gen
Devel &
'
90% 105%
110% 110%
Ry 1st
&
Devel &
107% 109%
107% 107%
>. 94
Devel
•
s
& Ft
S
gtd 5%s A—1950
Texas
Company 3s deb-.j—4
—1959
debentures..—...——J—1965
3s
Texas & N O
gold 5s—.—1943
com
Texas" & .Pacific
.1st gold j5s..„
2000
Gen
&
ref
5s
series
B—
—1977
Gen
&
ref
5s
series
C
___1979
Gen &
ref
5s
series D_
__1980
Tex Pac Mo Pac Ter 5%s A—1964
Third
Ave
Ry 1st ref 4s
A Adj income 5s—
—
1960
..Jan 1960
1937
J AThtrd Ave RR 1st gold
82%
78%
85
87
*105%
—
105% 107%
♦107%
—
90%
4%
,
,
.
Tol & Ohio Cent ref & impt 3%s—1960
Tol St Louis & West 1st 4s.j
—1950
107% 108%
*83%
90%
90
,5%
*143
,104
Gen & ref 4%s series B——-1997
108% 109%
Untom Elec Co of Mo 3%s
105
103
Oil
75
76%
75
Pacific RR—
75
82
97% 101
99% 99%
101% 102.
101% 104%
Purchase money 1st M conv 5%s 1954
105% 105%
104% 106%
Gen mtge
101 i
101
Rand deb 3%s
.—1956
—1956
4%s series C
Revere Copper & Brass
102%
104%
United Biscuit 3%s debs
A 1st
cons
U
4%s series D
N J
:
1967
109% 109%
10%
-
1949
1941
77%
90%
97%
104% 105
,
/
100
100
*100% —
*100%
100% 100%
__
100% 100%
1-100%
>100%" 1^"'
MJ
*100
101
1.625s ——j.——.No
7%
5%
69
93%
No
*100
100%
'
1.50s
16
4%
77%,
—.Ms
1.375s
.■'
*100
4:1.75s;v.—
9
99
103% 107
93
No
1.25S"
99
103% 105%
77
-—.———Mi
..j.
95%
95%
•
93
'
.
106% 107 %
mtge 3%s series J
1969
t§AR I Ark & Lou's 1st 4%s——1934
.
J
77
1.125s—No
109% 109%
1967
'
.875?
1.00s
Gen
103% 104
4s,
gen
Serial debentures
.-^1977
t§ARut-Canadian 4s stpd_____
i§ARutland RR 4J/2S stamped
& Canal
RR
96%
*104% 105%
—
United States Steel Corp—
coll trust 4s A-._j.1949
&
103%;
96%
95%
96
United Cigar-Whelan Stores 5s.
United Drug Co (Del) 5s.
3%s—
Gen mtge 3%s series H
Gen mtge 3%s series I
95%
•
______
108% 111
108% 109%
109'A
grant 4s—______
3%s deb
Ref mtge 3%s series A—..
/
1960
1939
i§ARio Grande West 1st gold 4s—1939
Roch Gas & El
land
35-year 3%s deb
f§ARio Grande June 1st gtd 5s
1
&
34-year
82%
75
5s__.
of Calif 3s deb
debentures^..
1st
75
(Chic)
t§AUnion Elec Ry
75%
Republic Steel Corp 4'/2s series B—<1961
Remington
1949
.1953
216
216
'
Union
74%
gold 5s
144% 144%
__
222%
3s
•
1st
Tri-Cont Corp 5s conv deb A
Union
Reading Co Jersey Cent coll 4s____1951
4; Gen & ref 4%s series A———1997
C——1942
Buff 1st gold 4s__1946
Elec
108% 110%
109% 109%
104
Ohio 4s series
&
Ham &
Trenton Gas &
80
80
—
W Va
Toronto
7%
♦llO'/a
*220
Tol
95%
3
100% 100%
100% 100%
100% 100%
100% 101%
—
100% 100%
—j-No
*100
1.85s
Ms
*100
101%
100% 101
1.90s
No
*100
102%
100% 100%
1.95SV i...—....—..i—Ms
♦100
101%
2.00s
*100%
1.80s
JJ
■
•
Saguenay Pwr Ltd 1st - M 4Vis—1966
St Jos
&
Grand
Island
2d
4s_
1st
'
gold 6s
Louis
Iron
Mtn &
'';
Southern—
^.
ASRiv & G Div 1st gold 4s
ACertificates
of
1933
of
deposit.
of
A Cons M 4%s
—
4
deposit———
4s bond
100% 101
101
100% 101%
100
101
'
*101
102%
100
*100
No
*100
101 %
100% 101%
100% 102
JMa
*100
101%
100'A 103
*100% 101%
.—4—NO
*100
■
*101
■
'
/
1990
'Vandalia RR coins g 4s series- A.j-1955
Cons s f 4s series Bjjr—
^..1957
f ASt Paul: E Gr, Trie.- 1st r4%si_—1947
$§ASt,P A K-CShL gtd A%s
1941
St
v
7%- .12%
Paul Union Depot 3%s Bj —J1971.
S A .tc At Pass 1st
gtd gold 4sjJ_-1943
2%v' v4 '
101% 103 y4
•
99% 101v
Santa Ee»Pres Ji'Phert 1st 5s—1942
*1
109%
Va: Elec & Pwr 3 %s series B—r_1968
Va lroh Coal &-Coke 1st gold 5s__i949
Va & Southwest 1st gtd 5s--___-_-2003
: "1st
cons 5s—__
^_-_.J__J_i-_Jl958
Wirginian- Ry 3%s series
10111151%
Schenley Distillers 4s a, f deb__.___1952
Scioto V & N E 1st gtd 4s—-—1989
•'
Ai-L-j.L_T966
101% 103 i'
fSeaboard Air-Line Ry—»
§ A 1st gold
123% 125
•
1950
§A4s gold stamped—.
—:
1950
A Adjustment 5s———.Oct 1949
§ ARefurtding 4s—
———1959
ACertificates of deposit-jjjjjj;J—
Alst
cons
4s unstamped
6s
series
ACertificates
of
tWabash .HR Co-^—
' »
J A 1st gold 5S————-^1939
A Ctfs
A
—1945
A—.
;
deposit——.J—
;■
t§AAtl & Birm 1st gtd 4s——1933
of deposit
gold 5s__
(reorg mgr)
.
—1939
(reorg mgr) __j—
Alst lien gold term 4s_.——1954
A Ctfs of deposit
(reorg > mgr) j_—
§A2d
Ctfs
A6s
Shell
series B certificates—
Union
Oil
2%s
1935
3%
-
4
wr
8%
8%
1954
95%
97%
2%s sinking fund debentures—-1961
f§ ASilesian-Am Corp coll tr 7s
1941
97%
99%
32%
37
Simmons Co
debs
!:
:-j;
debentures 4s——1952
Skelly Oil 3s debentures..
—.1950
Socony-Vacuum Oil 3s debs——_ 1964
South & Nor Ala RR
For footnotes
see
gtd 5s___—1963
page 2165,
100% 103%
100% 103
104% 106
of deposit
ADetroit & Chic ext 1st 5s—
A Ctfs
f ASeaboard All Fla 6s A ctfs——1935
ADes
of deposit
Moines Div
A Ctfs of
AOmaha
A Ctfs
-
v
>
.
(reorg mgr)-.1941
1st
4s—:
y
deposit (reorg mgr)__ 1939
1st gold 3%s——1941
Div
of deposit
(reorg mgr)
j
AToledo St Chic Div gold 4s—
A Ctfs'of
91%
97%
102
96%
•
98%
93
96%
97'A
93% 101%
1989
AGen» & ref gold 5s series A
100% 101%
100% 103%
Nov 1989
St. Paul :& Duluth. lstr con& gold: 4&_196&
100% 102:
100% 101%
93%
§ Alst term & unifying 5s——-__1952
.
101%
92%
1st 5s—;
Power & Light
—
*101%
w W.1L.
Utah Lt & Trac' 1st & ref 5s__.
Utah
101%
.■>
certificates—
4s:inc bond ctfs
100%
4—No
United Stockyards 4 % s
1978
series A
fSt Louis-Southwestern Ry~
A 2d
100%
*100
2.50s
ACertificates of deposit stpd—
A 1st
*100
2.45s,
;
.1950
5s series B—
ACertificates
;
.—.No
—i—Ms
100% 101%
*100% 101
■';.. 2.55s
.—j———Ms
*-■v '
2.6Cfs: —4.L—"
No
2.65s' ——44
..J
Mi
"
ACertificates
*100
2.40s
1st mtge 5s_.——1959
Rocky Mt & P 5s stpd—_—1955
A Prior lien
Ms
—Ms
-
2.30s ——1j—
f
f ASt L-San Fr pr lien 4s A_____„1950
:
100%
J.4——No
...
2.35S\.-.—--J--.Ms
'
•
1948
St L Pub Serv
i
i-: 100%
100
4
2.20S i
2.25S
.
deposit—!
tASt L Peor & N W 1st gtd 5s
St L
100
100% 101%
101 %
2.05s
2.10s
1996
—1996
..
St
*100
—
'2.15s
-
;
1947
gold 5s—
St Lawr & Adir 1st
j.-.j.No
deposit (reorg mgr)—1941
1st mtge 4s series A w i_—.—1971
Gen mtge 4s series A w i—j—1981
AGen mtge inc 4%s ser B w i—1991
j:J
»"
'*^-109%i
-109% 109%
*72 •' 79%
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4079
Volume 155'
2165
NEW YORK BOND RECORD
BONDS
New
York
Week
Stock
Friday
Interest
Exchange
Ended
June
Last
Period
5
ACtfs of
deposit
ARef gen 5s
ACtfs
of
ARef &
deposit
■
of
deposit
ACtfs
of
6s
1st
A-O
1955
A-O
28%
debentures--.
Wheeling & Lake Erie RR 4s
22%
26%
Wilson &
Conv
22%
22%
34
28
83%
; 99
-yC;'
Winston-Salem
JAWisconsin
47
95
101
11
81
106
16
96
105%
M-S
S
1st
B
Central
19
40%
%
J-J
114
90%
19
95
104% 105%
4
104% 106%
102% 102%
4
100% 103'/a
114
V-,
39
40
•
M-N
32 y®
35 '
32
50%
37%
39%
28 V4
114
37
24
40','"
*37%
1st 4s__ _1936
47%
102% 104
112
1
93
93
'
50
102%
deposit
§ASu & Du div & term
41
103
1
High
42%
J-J
1949
4s
52
104%
\
A-O
-I960
4s
1st
of
93
January
Low
*
112 Va 112Va
J-J
1955
..
-1947
A Certificates
101
A
No.
43%
40%
Range Since
Sold
High
*103
'"'■'A• '
M-S
.1949
3%
deb
88%
23
42
24%
87%
M 4s
1st
Co
_
Bonds
Friday's
42%
41
J-D
Wheeling Steel 1st 3%s series B__ .1966
26%
27%
5
5
99% 100
100
1954
West Va
24%
*99 Va 100 %
M-S
1948
—
/
-
_
27%
23%
24%
87
or
Bid & Asked
43%
J-J
.2361
Registered
Pulp & Paper 3s
__
J-J
28
24
86%
24%
-
Sale Price
_2361
1st 4s guaranteed
West Shore
24
24%
51
Week's Range
Last
Period
24
__
24%
V'l
A-O
1955
;
Warner Bros Pict 6s debs
23%
,
5
Friday
Interest
Exchange
June 5
Low
28
23 V2
24
m. —
1980
4s
V
Stock
Ended
High
24
23%
A-0
1978
(assented)
M
2
24%
(assented)_______
deposit
Co
25
*24%
Week
January 1
Low
York
New
Range Since
.
No.
25 V4
25
•"
-
F-A
(assented)
ARef & gen 5s series D
Walworth
——mr
Sold
High
25%
„
■
—_
—1976
4%s series Ci
gen
ACtfs
M-S
1975
(assented)
series B
Bonds
Friday's
or
Sale Price Bid & Asked
Low
tWabash Ry ref & gen 5%s A
BONDS
Week's Range
33%
'
249
V
45%
9
35
'
JgAWarren
Deposit
Bros
deb
Co
receipts-
103% 104
104
___
_
103 %
103
M-S
.1941
6s
—
A Certificates
Warren RR 1st ref gtd
F-A
1950
J-D
J-D
108
1963
M-S
108%
J-J
1952
gtd.
mtge 3%s
West
Penn
Power
1st
mtge
3 Vis
Western
1st
__1945
1966
stpd
5s
1st
Maryland
&
ref
5%s
West N Y & Pa
tAWestern
5s
E—_
series I
Pacific
A
1st
5s
84%
J-J
27
97%
15
M-S
27%
26
25%
27
82%
83%
80 %
20%
Deferred
a
included
not
32%
35
'
M-N
100
9
101
102%
99V2 1001/4
M-S
1960
22
99
10034
82%
78
in
the year's range, d Ex-interest,
sale not included in the year's
,
..
4
<
Odd-lot
e
range,
r
sale not
Cash sale
• ■
impaired by maturity. tThe price represented is the dollar quotation per 200Accrued interest payable at the exchange rate of $4.8484.
§Negotiability
^Companies reported
the Bankruptcy
88
73
included
pound unit of bonds.
84
79%
42
sale not
delivery
the year's range, n Under-the-rule
the year's range.
in
included in
32%
20%
84%
78
52
83%
84
M-S
1951
12 Va
85%
being in bankruptcy, receivership,
as
or
reorganized under Section 77 of
Act, or securities assumed by such companies.
"
'
Westinghouse El & Mfg 2VeS
12 Va
__
102 Ve 102'4
1948
—
.
f 3%s series D—
1st mtge s
91%
96% 102
104
83
M-N
J-D
1960
Conv deb 4s
102% 104%
27%
26%
____
108%
105
111%
84
106%
M-S
Western Union Teleg gold 4%s
1950
25-ycar gold 5s
—1951
5s
85%
96%
*102
1946
;
*12
34
108% 110
3
Youngstown Sheet & Tube—
107% 110
110
— —
A.__1946
ser
A5s assented——
30-year
..
5
—
84
97 Va
A-O
J-J
1st 4%s__
JAWor & Conn East
121%
107% 109
6
108% 108 >/e
*110%
A-0
•
106% 106%
.1943
9
3
*109% 109%
J-J
84
119
107% 108 V*
1977
i
*
gold 4s
A-O
3%S—•__ .1971
— —
*120% 121 Va
—•
40
32
---■
_1968
104% 105%
*101
1943
1st- 4s-____
series
gen
31
69%
105%
*__
F- A
1967
Westchester Ltg
Gen
•
.1945
"l
84
84
Q-M
1948
36%
*__
F -A
gold 3 V2s__2000
deposit
Public Service
Wisconsin
Washington Cent 1st gold 4s
Washington Term 1st gtd 3%s
1st 40-year guaranteed 4s
of
Elec Power 3%s
Wisconsin
M-N
'L.—'
.
101% 101 %
101%
24
No sales transacted during current week.
'Friday's bid and asked price.
ABonds
100% 101%
v
.
selling flat.
,
"/NEW/YORK|CURftiEXCHANGE|:fff'ii#|s||
WEEKLY
NOTICE—Cash
in
footnote
a
in
AND
YEARLY
RECORD
deferred
the
which
the week, and when selling outside the regular weekly range
delivery sales are disregarded in the week's range unless they are the only transactions of
week
and
in
they
No account is taken of such
occur.
shown
are
the range for the year.
sales in computing
the
In
following extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week beginning on
Monday June 1 (Saturday, May 30 being Memorial Day and a holiday on the Exchange) and ending the present Friday (June 5, 1942).
It is compiled en¬
tirely from the daily reports of the Curb Exchange itself, and is intended to include every security, whether stock or bond, in which any dealings have oc¬
curred
during the current
year.
STOCKS
New
York
Week
>
Curb
June
5 ;-
Wire
Acme
Aero
common
"4%
Mfg
Investors
(N J)
Cbrp
Convertible
Air-Way
Applicance
Electric
Alabama
Great
Alabama
Power Co
$6
3
$7
Line
Rayon
May
Apr
Atlas Corp
3*2 Mar
l'e
Jan
1%
•
.*
—'
"r
7
V"
'
%
%
'*
'
—
75%
75%
97%
—
—
% May
10
~ v
94
Apr
Apr
2%
Jan
-.7
•
—
■
7/a
83
;<;
75% May
70
83%
98 %
«...
100
.
75%
98%
Jan
20
'
*
—
Coast
Atlantic
20%
U May
Investment
Alliance
*
:_
"
Class
A
Altorfer
conv
6%
%
—
100
100%
4
Aluminum
Industries
Ltd
Mfg
20
'f
450
99% 102%
1%
Jan
22 %
(B F)
6'/r
75%
74
1,250
90%
& Sons common—
Axton-Fisher
114%
Jan
Jan
Apr
5%
Jan
7%
78%
Apr
Baldwin
Apr
Barium
100
Jan
4"% Apr
% Feb
A
Jan
Va
Feb
Baumann—See
7%
Jan
8%
Jun
Beau
_10c
Class
8%
——
10
8%
100
-
*
—
___
—
&
5
6%
Light—
•'
A
_
.25
-
.
Feb
100
2% May
3%
314
Feb
Jan
'
14
19
10
22
Jan
May
% 35
Feb
4
22"
,
Apr
5
Jan
28%
Jan
4%
Jan
Mar
5^
69
2%
19% May
1,400
2%
1,300
29%
29%
50
1
3%
3%
100
1
ft
%
400
Jun
29 Va Mar
3
Jan
33%
>
Feb
3%
$
A Mar
Jan
1
Jan
A
5
common
Inc
—
6% May
~
'7% Jan
4% May
——
7%
Jan
3% Jan
4%
Feb
7% Mar
1
;
8% Feb
"Ludwig"
1
—
—
—
—
Mar
Jan
Jan
6%
Feb
Beaunit
10
Mills Inc common
21
22
Apr
6% May
1% Jun
Jan
Aircraft Corp
20
1
6%
7%
Aircraft
_1
1%
2
800
108
Jan
117
Mar
34
20
30
Mar
34
Jun
25
34 /
-Jun
34
convertible preferred
$1.50
325
4%
Apr
14%
Jan
Beech
250
4
Apr
13
Jan
Bellanca
-
6%
20%
2%
30
Brummell Ties Inc
-
800
Jan
Bell Tel of
6%
•
20%
Mfg-
convertible
Refractories
4%
"A--.
-
5%
6%
20%
2%
Steel
&
$1.20
65%
5
47/8
Barlow
Basic
200
—-r
—1
„25
Power
class
A
22
_
*
Cities
Convertible
—-
% May..
24% May
_
'
common...
Co
Stainless
Feb
Mfg
27/a
—:
Rubber
Apr
preferred.
Jan
2% Mar
common
preferred
Jan
22
*
:
warants' for
Purchase
%
Central
Jan
200
1%
Baldwin Locomotive-
12%
Capital class A common—10c
prior
Jan
16%
1
Babcock & Wilcox Co
American
preferred
Jan
7
Apr
13
com__10
Collieries..:
Feb
3%
American
class A
Tobacco
Patoka
Ayrshire
20%
$5.50
6%
Jan
>7e
Jan
105
Apr
A Apr
22
100
B_
27%
r> 3% Mar
V4 Mar
12% May
*
5
25
preferred
common—_1
class
May
109% Feb
3% Mar
Jan
700
%
3
Book
American
% V
3
Box
Co
G4
Jan
3
1
1_
I
Machine—
Voting
American
$3
22
50
Co
2%
Feb
12
May
4'/a
74%
75%
100
1
Co
Jan
200
2%
American
Board
Mar
3
% Mar
Jun
Drop
Avery
19% Mar
99% May
1,200
12
*
Beverage common—
High
62
106
100
1
—
Corp.—
warrants
Mar
78%
*
preferred
20
Automatic
3% May
May
•
common
common
Low
62
Forge common—.'
5
Plywood Corp—___—.
*
Automatic Products^————————1
Jan
Feb
50
90
18
Atlas
Mar
97
!
Jan
450
~
22%
87
87%
Goods
Common
preferred
62
B
*
preferred
American
22%
—
Range Since January 1
High
% Mar
62
*
Aluminum
6%
25
common
common
Co
Aluminium
V
xl9%
19
xl9%
common
Bros
Aluminum
10
Low
Shares
Feb
7/a May
—-
*
Investing $3 conv pfd
(Mich)
Products
Allied
for Week
*
Atlas
Apr
107
'
All-led Intl
Sales
Range
Feb
100
'
Alles & Fisher Inc common
Atlantic
Jan
l'/a
*
*
preferred
preferred
Jan
l7/a
50
Southern
5V2 Mar
200
5Va May
1% Jan
8%
1%
6%
Week's
of Prices
* -
RR Co pfd__100
Coast
&
Birm
Fisheries
5%
'
—
—
Atlanta
Coast
4
10
__
Associated Tel & Tel class A__•
Atlantic
800
Last
Sale Price
Par
Atlanta Gas Light
4% May
:
Warrants
Friday
Exchange
June 5
5V2 Mar
500
'
preferred
Feb
Mar
1%
1%
2
common...
20
4%
— —
50c
—
22 V2
Mar
1 Va
5
1
common
Inc
Access
"4%
—
5Va
l
Associates
Aircraft
18% May
—
Curb
Ended
Week
High
20
*
--
*
'
—
STOCKS
York
New
Low
**
"
——
•
1
B—
Ainsworth
Air
10
;
Supply Mfg class A
Class
Air
Co
,
Range Since January 1
High J.
Low
Par
f
;
Sales
for Week
Shares
Range
of Prices
Last
Sale Price
>.
T
Week's
Friday
Exchange
Ended
*
-
common
r
r
1,000
9V2 Mar
3%
Feb
'
__1
Class B
American
Class
Cyanamid
B
class
A
_
_
_
-
.
35
non-voting
American Foreign
%
——
10
32
%
Benson
31%
-
Ve Mar
.
35%
28% May
8,900
Power warrants
32
41%
Jan
&
Canada
Convertible
Jan
100
_
Hedges common
__
preferred
*
*
Fork
Gas
4% %
-
&
General
convertible
11
6 </o '•
Mfg
._—
28
:_25
11
Jan
Birdsboro Steel
2%
Jan
Blauncr's common—__—•
28%
Feb
Bliss
27 % May
32
~25
■
11
Pota«h\ &
Co
rAmerican
-
Feb
Blue
$3
Apr
18
18%
Jan
22
20
7%
Apr
11%
Jan
Apr
18% Mar
26 Va
Jan
20%
Jan
85
Jan
100
20
1.
A
Jan
20%
^Republics
300
21%
Chemical,
w.—r-...»fl
SealfKap .cornmon_-__^._r4_42'
4%
,
Apr
May
4%
300
6 Mi
-
*
-
Blumenthal
Bohnck
27%
7 Vo
.
& Co.,
(S)
Co common
(H C)
-American
•
;
1st
$6
.
Superpower Corpxommen..•:
preferred_4i4__
i
■
43%
$6 series preferred—
Thread
lAmerican
American
Anchor
r
ft-":
100
46% ■>;
"A
2.450
•-
Apr
6%
Bourjois
Inc
Jan
iV
•
•
33%
77e
l'/a
600
1%
300:
2%
Jan
2%
2%
2V4
Jan
2
Feb
—-__2
Angostura-Wupperman
'Lr5-'?
__1
•v-"';
1,000
'
.
common—
£ ''ili':;'
y
—
U Jan
—•
Appalachian Elec Pwr 4%%
pfd—100
^
class
Common
6 %
A
:%
Aro
Equipment
Oil
&
Light $7 preferred.*
Jan
Breeze
Jan
2% Jan
3
;;
.
"
•
Refining C04
%
Breweries
Associated
Electric
American
§Associated
27/a
&
Apr
of
%
400
6V»
3/4 Mar
76
——
1V» Mar
Preferred
9
Brill
Jan
Corp
1
Jan
Apr
1V8
Jan
Apr
7% May
Mar
Canada
Electri®
87%
Jan
V
7%
>■
•__
5
2
Jan
May
42
Mar
34
Mar
5%
May
6%
Jan
7%
7%
7%
8%
4%
5
•
1,100
•
10% Mar
May
4% May
19
A Jan
7 Va May
Jan
7
t:
Feb
2
-U Jan'
4%
2,300
1,300
4%
<--»•-
6%
Ve Jah
iV-MayWa May.
8V2
May
Jan
20 Va
Jan
class
A—
A
Jan
Feb
Am
Jan
5%
Jan
Am
37/8
Jan
4%
1%
Feb
Apr
3 Va
Jan
is
Jun,
May
J iY Jan
45;
Oil
12 Va
8%
Jan
Apr
31 Va
Jan
Mar
13 Ve
Jan
10
100
8%
Feb
14%
43;
50
.
12 V8
Co__——
55%
30%
*
May
12V4 May
45
—^100
—:—
American
5
1%
x_x—
60
Jap
1%
100
.'
British
6V2
52
—__100
B
2%
1% Jan;
—:
150
Tobacco—
£1
£1
8%
9% Mar
8% Jun
Jan
-
_1
*
;
13
'■
—
Jan
8
dep rects ord bearer—
dep
Jan
British
3% May
British
13
Am
*
>'
-
—
—
■'%'
3%
100
3%
2% Mar
/a
■
32
300
32
•'
•
—
—
wwi.v:
Jan
1/64
%
Ve
3*2
Jan
Jan
h
Feb
Jan
% May
Ve Feb
Feb
Class
Brown
$6
Celanese
dep
Brown
ord
rets
rets
reg
x,
A
—10s
reg
& Wire
*
common..^
preferred
.-
Forman Distillers—
preferred
Jan
Ltd—
ord
Col Power class A____
Fence
8
Jan
8
—
1
1
"T
;%
"1% "1%
*
i
1%
1%
i"
400
2
Jan
1V4
Feb
7%
200
*
—1
/' 1;": Jun
% Mar
300
1
.
Jan
10%
Jan
1%
Jun
2%
Jan
46
-
53
May
For footnotes see page 2170.
Feb
■■
Jan
100
5%
,
7
:
American
300
*
America
Feb
35
33 May
70
Mfg Co common
Class
300
1
of
*
1% Mar
200
100
x
Machine—:
British
6 V2
£1
common—1
preferred
39,
5%
preferred——:
Brillo
5
$5
Laundries
Class
Jan
103 Ve
5
-
reg
Mar
30 V2
& Pwr^
Corp common
Aeronautical.
Bridgeport
-
6%
Class A
Assoc'ated
1,000
7%
Apr
"2 V
Bridgeport Gas Light Co
Jan
2%
Industries—
dep reels
Gas
/:%
•
1
%
Jan
1
common
Associated
%
300
%
91V4
"2
35
39
■
Brewster
5
Corp
Metal Works
Ashland
.V.
10
!!___
Arkansas Power &
Art
*
non-voting
preferred
10
7%
Arkansas Natural Gas common...:^*
:
7V2 May
95%
95%
--
Jan
Jan
ft Feb
27
r
—
'
Apex-Elec Mfg Co
300
'
preferred
3Sa
""*■"?
Apr
27/«
common—_!•
Paper
29%
Jan
5
16%
-
❖
...
common
1st preferred—;
$5 ,2d
48 V2
Jan '
Apr
2%
Fence—*—
Apr
200
28%
29%
8
Apr
4% May
10
2
——
Bowman-Biltmore
Jan
2%
/ 1%
1%
%
Jan
38% May
Apr
'
1,200
'%
%
6V2
2%
10%
'
'
Jan
100
%
"7
11%
Jan
10
-vFeb
38 Va
Feb
61% Mar
1% Mar
,i_5
^preferred
Writing
Post
:
43%
6
—
•_
1st preferred—
Brazilian Traction Lgt
7
6%
11
11%
—____—
Borne Scrymser Co
%. Jan
Jan
20
39
21%
Jun
%
Apr
600
9%
common.—
9
"
—
■
*
1
Ridge Corp common
1
optional convertible preferred—*
(E W)
% May
1,900
%
—
preferred
—*
Fdy & Mach Co com__*
$2.50
Jan
•
11
50
s
21
20
American Meter -Co44.j;_-_4_j__!_!^_'!_*
American
104
250
20
v-lOO
American. Maracaibo
•American
20% Jan
1% May
79%
11
9%
4-100
common
28
20
^-20
Preferred
Apr
82% Mar
24% May
1%
34
3/e
*
12%-Jan
1
;__lr
Mach—4—:.
Co
3,400
184-
97
1%
34
%
1
Bickfords Inc common:
Apr
500
16%
95%
1%
preferred
Laundry
10%
13 Ve
475
17%
se%
Light • & Trac common—;_25
preferred——-—i.—_ —m._25
American
-100
.
common—.,10c
American
1
11
•
.^.100
Corp
$2.50 convertible preferred—!
American Hard Rubber Co—
American
11
_•
common
preferred-.
American
$2
Hoe
Electric—J——10
&
34
iV Feb
Berkey & Gay Furniture
American
•American
'-v
w-
34
—
•f
Feb
Mondayy June 8, 19$2
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
Range
Shares
Low
A
Rubber Co common
Brown
(EL)
Bruce
preferred
1st: preferred
Week's
Sales
Last
Range
of Prices
for Week
Shares *
Friday
Exchange
Low
Crystal
12% Mar
Jan
-
4% Apr,
Jan
40% May
Apr
$6
Refining
Oil
High
LOW
High
% Apr
% Mar
common.
preferred-..
Range Since January 1
4%
*
12%
Cuban
Atlantic
Sugar
Tobacco
common
Inc
.2.50
Xl2%
—-1%
5
.,
>
14%
1%
1%
Jari
12% May
1 Va
Jun
1 % May
*
8 *
Mar
15%
Jan
1%
Jun
1% May
6% Feb
15% Jan
91%
12%
13
%
%
Jan
Lighting
Mfg Co (Mo)——
common-
—
■
—
*;
*
—
V
6%
..
Feb
Jan
8% Mar
Curtis
Curtis
67 % Mar
———
& Sullivan
—
preferred
rets
Burry Biscuit Qorp
12% Mar
% Mar
Corp Am dep
Burma
% Mar
9%
$3
Inc
Burco
% Jan
300
Curb
Ended- June 5
High
35%
Si.60
$5
iV
York
Week
Cuban
Buffalo Niagara &
Bunker i Hill
A
Low
,
4% Apr
Ltd
Pipe Line—
East Power-
Buckeye
,
High
Range Since January 1
11%
Co common
Bruck Silk Mills
New
for Week
of Prices
Sale Price-
STOCKS
Sales
Last
Sale Price
Exchange
Curb
Ended June 5
Week
Week's
Friday
STOCKS
York
New
-.
%
Jan
Feb
Feb
Darby
Petroleum
common
Davenport Hosiery Mills!—
Dayton Rubber Mfg
__________
Jan
Class
convertible:
A
Dejay Stores_____„—
Dennison
Mfg class A common
$6 prior preferred—
8%. debenture—
50c
50c
Products common
Cable Electric
trust certificates
Cables &: Wireless Ltd—
Voting
20
10
Sugar Estate
Calamba
Electric
California
.
£1
preferred shares
dep 5% %
Am
Power
Detroit
Gray Iron- Foundry—
Detroit
Mich Siove Co
Detroit
Steel
*
De Vilbiss Co common——
1%
25
Products-
preferred—
Diamond Shoe
*
common-——-——.
Alcohol—
Industrial
preferred
—————,-100
Canadian- Marconi————-—.——1
Corp
Co common.
Castle
(A M)
common——
99
4%
6
4%
Feb
Eagle
Mar
East
Jan
common.
.
Lead——.
Picher
Gas
&
Fuel Assoc
common—
4% %
prior preferred--—
preferred
6%
-
Eastern
*
Central Maine Power 7% preferred.100
Central New York Power 5% pfd__100
Central Ohio Steel Products
1
Gas & Elec com
Hudson
class B
Hosiery
Apr
————1
of America
Corp
Central
——
Apr
90
Eastern
Catalin
B
Duro Test Corp common
Duval Texas Sulphur
35% May
1
...——1
*
—10
common
(J W)
Coal
Condenser Corp
Durham
-*
Carnation Co common—
*
Carolina Power & Light $7 preferred—*
$6 preferred
—
—*
&
Co
Duke Power Co__.——Li.
xl9% May
& Co class A——
Products———1
Harris
Dubilier
*
i
Capital City Products
Carrier
Steel
Corp„_—
Driver
7%
Casco
common
common
Bridge Co Ltd
Draper
Canadian Industries Ltd—
Carter
Co
Dominion
*
—*
Class B non voting—
Carman
Truck
Dominion
voting
A
Class
Divco-Twin
Dobeckmun
Canadian
common-
1
Tungsten Corp
Canada Cement Co Ltd
Canadian Car & Foundry Ltd—
7 fo participating preferred
Canadian Dredging & Dock
Callite
;
Derby Dili 8i Refining: Corf) com—,
A convertible preferred
Detroit Gasket & Mfg
6% preferred without warrants.
Malleable Iron——,
States
Corp—
$7 preferred series,A
$6 preferred
Easy
!
series B
Machine
Washing
B
Economy Grocery Stores
Central Power & Light 1% pfd——100
Central
Electric
South West Utilities—50c
&
Bond
Share, common—.
&
.——1
Chamberlin Metal Weather Strip Co„5
•$5,..preferred————-.
$6 preferred_i.——ElectriCn Power -& Light -2d pfd A_.
Option, warrants—____—
——.—-10
5
—25
Chicago Flexible Shaft Co
—5
Electrographic .-.Corp.-—
—
Elgin National Watch Co—
Cessna. Aircraft
Charis
Corp
Co
—
common.
Cherry-Burrell common
Chesebrough Mfg
preferred
Cities Service
60c
$6
7 ^preferred—i—
i
8%- preferred.—
—.
Empire Power participating stock.
*
*
preferred—
$6
preferred B_
———...——*
preferred BB,
Emsco
Controller
Claude
Electric
Cleveland
Coal
Cockshutt
Cohn &
Colon
Co
Fairchild
Colonial
—*
3%
Jan
*
7%
Apr
%
Jan
.—£1
;—X
4'A
Jan
25
72%
Jan
Class* A non -votingv—
34
Jan
Class
:
ordinary.^.preferred
Iron warrants
Federal
Fire
Fire
Patent
Columbia
Columbia
Gas & Elec 5%
Oil
y
i
,
,
""
\
'
i't
i
i
•
\ J t \'t ' -
Am
, y
%
B
voting.—:—
Fort Worth Stock Yards
3/128 Mar
18
Fox
Feb
(Peter)
Franklin
Jan
Brewing Co
1% May
1 % Mar
Gamewell
Co
L P Bait common,—.
52% Jan
Gatineau
Power
preferred
preferred series C
4 Vo
—
preferred-
convertible
4%
Telephone & Electric Corp
1
Biscuit Co
————1
4 % (/e.
common..—
Conv participating preferred
Fuller (Geo A) Co.——
; $3 cohv' stockii:—-i.——
*
Consolidated
Consol G E
—
Distilling—.—.
Co
Froedtert Grain & Malt
'
•—
i-——*
preferred
Conn
preferred
$7
.
dep
Jan
1
Conn Gas & Coke Secur common
$3
'
Light
rets ord reg
Ford 'Motor of!.Canada?—
—1
Service
Compo Shoe Machinery—
V t c extended to 1946
•
1%
&
Power
Ford Motor Co Ltd^—
3% May
2% Jan
1
25
Service
t1
Water
Community
warrants-
Distribution
Public
\
;—__1
Southern
&
Commonwealth
Community
preferred.100
Gas___
&
Commonwealth
I
Arms
Compress & Warehouse—.
(Philat——
Association*
Florida
*
Colt's
——
Fedders Mfg Coi———
Jan
common
Airlines
Colorado Fuel &
Metallurgical.:
1
—*
Rosenberger lnc
convertible
Brewing——
Fansteel
Development
6%
& Airplane—
Engine
Falstaff
100
Corp_
Plow
—_—.
common——.
Fairchild Aviatfohi-i^-i-———:
*
Aluminum Utensil Co
Club
■
Eversharp Inc
4
*
:
Illuminating--
Cleveland Tractor common.
Clinchfield
Inc___;
Eureka Pipe. Line common-—^—-.
1
Mfg
& Lambert
Clayton
Esquire
1
Co
Lights Inc
Neon
& Equipment—
Derrick
Equity Corp commonLi.--.———
$3 convertible..preferred———.
Cities Service P & L $7 preferred—_»
$6 preferred
:
.——*
City Auto Stamping
*
City & Suburban Homes
.-10
Clark
—_—
Empire Gas & Fuel Co 6.% pfd
6 % %.r^pref erred-_iU---_——...
10
common
Mfg
Empire District Electric 6% pfd„.
1
100
Consolidated Mining
Childs Co
Electric
Emerson
Mach—.———4
Chicago Rivet &
Chief
-
100
100
series B
1
Utilities
Consolidated
Gas
Consolidated
Mining &
Consolidated
Retail
*
Smelt Ltd
5
1
Stores
114%
102
1%
30
5%
Jan
$6
convertible pfd
Co
!—100
—
Jan
Gellman Mfg Co
Feb
General
*
common
preferred
common——_———ji1
AlloysvCqfi-,iJ-.-.._-,_-*--_--;-*
Mar
Gen Electric Co Ltd~
3% Mar
-
Amer
_£1
General
%%
*
100
preferred——
Consolidated
Royalty
Consolidated
Steel
Oil—
Gen
10
*
Corp
General
7%
prior
Investment
preferred
—1
Mexico
—*
General Outdoor Adv 6%
General' Public
1
pfd——100
Service
$6 preferred—*
stock—.
*
General
& Varnish.—
Cook Paint
General
*
Rayon
Shareholdings Corp com
Co
A
1
'
$3 prior preference—'—.
Range
Copper
&
5c
1
Reynolds—
*
preferred A——
$6
convertible, preferred--!-—u-*
Tire & Rubber 6% pfd A__100
General
Gen
_A*
Co
Cornucopia Gold Mines
Corroon
$6
;
*
—_——*
Cooper-Bessemer common
■
v,*'
Water Gas & Electric common
1
$3. Referred————!—!*■
Georgia Power $6 preferred
$5 preferred—
Gilbert (A O) / common—
•
———
Petroleum
Cosden
,5%
convertible
common
1
preferred
50
American
Creole
Crown
Crown
7%
Wheeler
Brewing
Crowley
Crown
receipts (ord reg)__£1
Petroleum
Crocker
Croft
dep
-*
-——-*
—
*
Co
Gladding McBean & Co——;
—l*
5
International
Coali-EA!!-—
Glen
Godchaux Sugars* class A-^
*
5
*
A
Drug Co common
convertible preferred
For footnotes see page 2170.
Alden
*
1
Electric
Co
Milner & Co
Cent Petrol
(Md)
Cork
Preferred
Gilchrist
Courtaulds Ltd—
:
25c
25
Class
$7
preferred—
Goldfield
Gorham
$3
"
—*
B
:
Consolidated
Inc
i—'
Mines—
1
class A„1——L———_*
preferred
Jan
Jan
%
Feb
_1
common.—
100
of
Oil
Continental Roll & Steel
15%
102 %
$6- preferred—
Continental Gas & Electric Co—
Continental
dep rets ord reg,
Fireproofing common—
Gas & Elec $6 preferred B
*
70
/ Mar
Volume 155
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4079
STOCKS
New
-
York
Week
Curb
Friday
:7
Gorham
Mfg common.———————10
Grand Rapids Varnish.——
_1
Mfg
Great
Co
Non-voting
T/o
1st
Greater
Tea—'
Pacific
&
preferred—,.
3%
;2%
2%
71%;
66%
71%*
100'
133
133
May
58
Apr
83
Jan
124
350
-
Feb
134
Jun
•
75
134:
Brewery--™——1
Greenfield Tap & Die_„—
3%
Jan
Grocery
Stores Products
SGuardian Investors—;
28%
350
27
"l%'"l%
,_1
—
i*6
Lackawanna
RR
100
Oil Corp—
Gulf- State's Utilities
$6
25
Jan
Lane Wells
7V2 Mar
Class
1
5
1% May
pfd—
$5.50
preferred—
.*
*.
^
Gypsum Lime & Alabastine——*'
'—•' "
*
—
—
—
24% Mar
2,900
34%
91
"•
"
'
Jan
108
Co
Jan
2%
.v.
( ■'.
-
,
Co—
Hammermiil
5
;
4
Electric
Hartford
Rayon .voting trust ctfs——1
Brewing Co
..._1
Light——
25
Feb
Line
100
4.4
3%
44 %
.
^44 %
10
Feb
":
7'
'
v-
,
.
.
"l'%
'
Material Co
~i%
19
Apr
40
Jan
Jan
2 %
Corp of America B non-cot com—1
Hazeltine
Hearn
14% May
1% Mar
-—50
Hecla
Mining Co
preferred
25c
....
4%
900
4%
4
Heller
Co
...
J.
Hildock
Hoe
Products
(Rj
50
13%
13%
100
2%
Hollinger Consolidated
Holophane
Horder's
Hormel
Co
5
6%
67/e
& Co common
*
Jan
Conv
Jan
Land
k
Apr
Horn
&
5'/e
Baking
Hardart'——
1st
7%
1st pfd
Corp
24
preferred
Mangel
88% Jan
1%
17%
$5
Feb
13% Jun
Jan
7%
(Harvey)
Humble
Oil
&
14
Fibre
Huyler's
Corp
Ligonier
*
50%
1,500
3%
49
100
3%
12
30%
Jun
Jun
112
Mar
15
58 %
Jan
3%
International
Sylvania
2%
Jun
5%
Jan
6
15%
400
4
4,100
;
3% Apr
May
7:
7
myf
10
convertible
Div
,7S
Illinois
Zinc
Co—
2%
Jan
12%
%
19%
17%
19%
600
1%
1%
1%
200
1
9%
9%
9%
50
9
May
*
,
t
v
Imperial Oil (Can) coupon—„:
.Registered
.
Imperial Tobacco of Canada
of
5
Britain &
—£1
Pipe Line
1
V/2
Indianapolis P & L 5Yt% preferred.100
Indiana Service 6% preferred
.100
Vic preferred-!
100
Imperial Tobacco
/Ireland
6%
Manufacturers
Merritt
Chapman
Warrants
Jan
&
Feb
1% Mar
Apr
8«/2
105
105
105
21
21
21
40
,
50
25
:
4%
500
4%
4%
"".14
2%
2%
Jan
4
Textile
1J
14
25c
15
*
110
86%
Apr
107%
20
12
Apr
18
10
12
Apr
18%
Jan
5%
Jan
67/a
Jan
Middle
7%
preferred—
6% May
Class
Jan
B
Middle
Jan
9
7% Mar
1
10%
Apr
>
-
Insurance
of
Co
America—10
North
International
Cigar
International
A
% Mar
—.100
——
7%
65%
64%
65%
Apr
Preferred
$3.50
Jan
Apr
Jan
1%
Inc—
100
1
Industries
Metal
1%
300
International
Paper Co
International
Petroleum
%
shs__0
coupon
/Registered -shares
1/64
■
9%
9% '
32
1,600
.
-
9%.
*
-
Midwest
Oil
Midwest
Piping
Safety Razor B_„;
Utility class A—
International
Class
Jan
Jan
1%
4%
Apr
1/64 May
11
Jan
9%
Jan
y
Jan
9%
Jan
Jan
5
.$1.75
preferred-*--—*
$3.50
Home
22
*
23%
23%
1
6%
6%
23%
% Mar
-Hosiery
Interstate
Power $7
Investors
Royalty———1
Iron
Fireman
Mills.*——
Mfg voting trust ctfs
~
11%'
*•
50
11%
1
*_
-
—
14
26%
Mfg
*
pfd
5%
5%
4
Jan
8
Feb
11% May
1,100
1%
"l7/a
300
100
14
Jan
May
41%
Jan ;
1%
Jan
7
Jan
x5% May
13% Apr
1%
—
—
200
(FL)
Co—
1
*
l
Jersey Central Pwr & Lt 5%%
6 % preferred—
preferred..
2%
Apr
Public Service common...
Corp
*
100.
—
100
1
1
Monogram
i
*
—
63%
73,
80%
80%
73
80%
«;
common
4
Loan
Monroe
Montgomery
1
Society A
Dakota
Utilities
Feb
82
Jan
Apr
100
Mar
Ward A
--
"4%
"4
~4%
200
19%
19%
100
11
Yi
900
V2 May
5
—
Jan
4
Apr
—
--
—
1%
Feb
Moore
(Tom)
Jan
50
158
158
Apr
*
*
1
Heat & Power
152
%
Jan
10%
Jan
T"
8
May
•
'A.Apr;.
13%
:•
61
Jan
1%
Dist stamped
i
.
Inc
...
1%
1%
i%
1,500
10
4%
4
4%
900
4
9%
9
9%
100
9
103% 105%
30
*
common.——*
100
& Tel
*
2%
Muskegon Piston Ring—
Muskogee Co common.,
*
~8
Jan
95
8
Ken-Rad Tube &
Kings
5%
Kirby
7%
pfd B
preferred D
-
.100
Petroleum
Kirkland Lake
G
4
32
-
50
*
_i
M Co
—
Ltd....-
1.
"l :""Tl
>
100
1
%
%
National
9
9
50
—
—
—
—
(D
Kleinert
Emil);Co
(I B)
common
5
Bellas
Hess
National
Breweries
National
116
Jan
«
_
x8%
_
1
common
Candy Co
Rubber Co..
11
1
5 v" May
/
Mar
53
32
Apr
39%
Jan
National
Corp common.—.
Kobacker
Stores
10
_j_
j
%
1% Mar
7
Feb
2
National
Container
Pwr &
$8 preferred
i
12%
Apr
10%
Jun
Jan
8
_
__1
preferred
Kresge Dept Stores—
4%
Kress
convertible
(S H)
Kreuger
1st
preferred
special preferred—
Brewing
Co
For footnotes see page 2170.
100
100
81
H
84
40
9%
Feb
10
Jan
Apr
Jan
5%
Apr
i30
9
Jan
Jan
a feb
18%
18%
Apr
11
50
12%
Feb
11
12
Apr
14%
39
12%
12%
100
—
Jan
45
Apr
Feb
Jan 7
May
8%
8%
8ya May
10%
Jan
9
8%
9
2,600
8%
Apr
10 Va
Jan
1%
17B
1%
100
1%
Jun
77%
77%
25
68%
Apr
95 ya
Jan
71
73
50
62%
Apr
93
Jan i.
1
(Del)
_
0
Light $6 pfd unstpd—*
*
stamped.
3V4
Apr
10%
_.
:
i
National
Rubber
Steel
...
73
100
3
Jan
Apr
100
~9%
900
7V2 Mar
7%
7%
7%
25
7j/4 Mar
"2%
preferred-
7%
Jan
6%
*8%
10
Sugar Refining
Tea
%
6%
8%
"3%
400
Ltd
National
5V2 %
5
21%
6%
«
Machinery
Car
National
2% May
1% May
*
Refining common
National
7
Feb
Jan*
Jan
24%
>
Feb
11
Jan
7% Mar
Feb
10%
Koppers Co 6%
May
_
National
% Mar
Feb
7%
l
Inc
Jan
6% May
—
*
„
common
Mfg k Stores common.
National Transit
81
*50
Feb
Jun
97
Apr
52%
10
12%
Feb
1
2%
Apr
Feb
Oil
Nebraska
Nelson
Feb
Jan
Union
i.
.
Tunnel
Navarro
f Mar
13%
4
7
National
National
Knott
Feb
114%
Jan
1
Feb
May
Apr
900
~
preferred
National Fuel Gas.
Jan
100
200
Jan
5
11%
99
5%
100
x8%
A
32
common-
Lines
convertible
National
i
Jan
8
2
10%
Feb
2%
May
7%
'
.77
Klein
%
N
/
27% Mar
1 % Mar
1
17% Jan
100
preferred
Nachman-Springfilled
Jan
19
32
——100
Products—*
Jan
6% May
Lamp A____—_„__*•
Co Lighting
Kingston
111%
5
Jan
7
H
400
7%
Apr
88
May
Power
Murray Ohio Mfg Co.—
National City
...
Feb
17
1% May
5c
States
Mountain States Tel
Jan
Apr
68
161
% Mar
—
—
—
—
Producers
Jan
81 /
Apr
,
Feb
6
Feb
15 y» Mar
Mountain
9% Mar
2%
Jan
Jan
40
1% Mar
7
Mar
15%
Mountain
i
i
Kennedy's
Feb
Feb
Mtge Bank of Col Am shs
Jan
1%
100
l>/8
Apr
5 Vb
—
K
preferred
6% Mar
5%
30y» Mar
7% May
$3
7%
44%. Jan
4% Mar
18 V2 May
—
0
28%
; ?
Julian & Kokenge common——...
Kansas Gas & Elec
7
3% Apr
—
—
10
Investors partic pfd
May
1
10
Jan
May
—
1
Pictures
Moody
A
75
64%
69%
v
t
% May
90
— —
■
Jan
f,
17
60
1,000
.
2%
Jan
32
—
_
—
2.50
*
Monarch Machine Tool
:
Montreal Light
Mar
200
2%
11
pfd—100
—
V/c
2%
--
v
14% May '
67
37%
35%
37%
100
pfd
6%
Jeannette. Glass Co..
Jan
Apr
Feb
25
50
*
Mock Jud Voehringer common
7
Superpower A
Jacobs
i7a
2%
8
—
550
13%
26
Light 7%
Feb
% May
15
preferred—'.*__*
Irving Air Chute—
Italian
..._*•
Feb
Jan
% May
—
Mountain City Copper common
Interstate
3
% May
33a
710 7
Apr
4%
3,100
2% Mar
100
ssissippi River Power 6%
Missouri
% May
22% May
200
7
Apr
7%
*
-
300
400
A
3%
2% May
Equipment.—
preferred
prior
2%
Jan
*
Interstate
5y2 Mar
1
Apr
Jun
Jan
Apr
A Feb
B
8>A
2%
2%
10
Supply—...
&
Mining &
9
*
%
63A Jan
4%
Mining Corp of Canada
Montana
International
Jan
200
*
Co.—
Pwr &
4
—
1%
,
Jan
100
50
Refineries
Minnesota
Feb
8% Mar
100
4y2
%
*
common—.
Abrasive
Minnesota
7
% Mar
4%
1
Jan
1%
10,500
9%
.
9%
♦
i.——
Products
International
1/64
Apr'
Feb
106%
%
5
Co
Molybdenum
warrants-
28
<
Jan
4%
t c.l
v
common
Jan
2
class A
c
Corp
13
1%
*
International
International
Jan
101%
Jan
4%
1
Industries A
1%
100
4%
4%
Corp $2 conv preferred..*
77"%
10% Mar
50
t
v
Mid-West
M
series
Apr 7
Steel Products—
Midvale
Jan
4%
1
$2 non-cum dividend shares
Apr
9% Mar
Feb
55%
65G
*
Feb
1%
%. Jan
3ya Apr
A,500
*
...
Petroleum
West
Midland Oil
Hydro Electric—
Machine
Jan
Mar
1%
26
10
States
Mid-West
Industrial Finance v t c common
Apr
%
115
Jan
11 Jan,
— —
*
1
2.50
Michigan Sugar Co
Midland
%,
Mar
6V2
4'% May
AOO
Feb
29
1% Jan
1
Jan
300
14
Jun
3%
May
94
Jan
21
2% Jan
.
Jan
7: 3%
:
Mar
A Mar
13%
3%
14%
2% May
A8
100
Michigan Steel Tube
3%
14
Mar-;J
126
Jan
300
14%
Feb
90
v.
*
Scott
Messabi Iron Co__
Great
14
2VA May
U
6%
7..
—
Jan
6
...
Jan
100
*
A preferred
2V4
1,400
8%
2% May
Jan
'%
A00
class A—1
preferred.
Participating
23 %
6%
93
Apr
3%
1%
&
Apr
8 %
92%
Jan
10
7%
*
Michigan Bumper Corp
6%
93
Jan
1%
1%
5
cpmmon
Jan
8 %
3%
27
Jan
7%
*
& Co
Mar
16%
....
Indiana
Apr':
*
Dredging
%
i5a May
900
2% Mar
-
Jan
May
*
*
common
Radiator & Mfg B
Micromatic Hone Corp
£1
*
*
Apr
Apr
2% May
a1^ Apr
1
c
Merchants
Industries—
dep rets regis—;
Mar
10
*
...*
Preferred
.Am
Apr
23
25%
Feb
18
Apr
%
i
Chemical
Imperial
12
Jan
1
Stores
Feb
50
preferred
Mar
Com¬
Mercantile
Feb
8%
%
certificates
arrcar
Jan
16%
.
'
.5%
Jan
•
..
1% Mar
-fw
*
Marine
Memphis Natural Gas common
Jan
Feb
*
Co
4%
102
'4
%
Metropolitan Edison $6 preferred
Power
«.**«!•
•
Corp..
Participating preferred
Iowa
'
•
1
—
Shovel—
Mead Johnson
Metal
Illinois
2'/b Mar
93
..
—
Mar
Jan
2
100
15V4
*
2%
1% May
Ltd
Co
Marris new
6% %
2%
Feb
;, 7
Jan
4%
—
Feb
23%
5
Mass Utilities Association
Jan
27%
%
1
*
5
.
Jan
24%
Apr
optional warrants
Steam
Marion
Apr
1
common—
%
Apr
Feb
46% Mar
*
Feb
14
ii
...100
t C—
v
Margay Oil Corp
Jan
5
5
:
Co
V t c for 1st preferred
Hydro-Electric
Securities
Hygrade Food Products.
Hygrade
50%
Jan
100
,
Stores.—
*.»
preferred
Consolidated Mfg Co
Marconi
Jan
Jan
13
5
Refining————
Hummel-Ross
Hussmann
Inc.—
preferred
convertible
Mapes
Jan
Apr
109%
—
8%
Apr
M
Manati Sugar
Feb
21%
539
109% 110
100
Hubbell
22%
Feb
14
15
—
—
Jan
3% Mar
11%
Apr
McCord
21%
common
common
McWilliams
22%
Co
6% Jan
Apr
Mar
—*
*
Exploration
&
7%
Lynch
1
Co common-
Hardart
&
Baumann
Massey
(A C)
Horn
Jan
%
<
25
-v./,
—
3%
27% Mar
—
16
175
16
:»7'7
6%
57/«
1,500
.16'a
—
*
12
..
*
...
*
12
__
*
Jan
6'% Feb
Apr
11% May
80
12%;
15%
1
5% Mar
1,000
*
,
•
(Geo A)
Horn
.
M
G
common
Inc
5
13% Apr
7
V« May
16%
Ludwin
munication
6 %
12%
12%
Louisiana Power & Light $6 pfd
1% Mar
^
60
Feb
'7.' 27%
7.-84 7 "Apr
:
Jan
y» Feb
Jan
% Mar
Louisiana
67% May
«...
10
& Co class A
;-77
-<v :'/•(
,7
Jan
5
Jan
10
70%
'
Jan
10
5%
70
100
—
Jan
28 % May
3% Mar
70%
7.-7-. ,»6
'
—
2%
y
101
21
25
6
6/7 7
— m
Corp
Packing
Conv
2
common——
Preferred
Henry Holt & Co participating A—0
Hewitt Rubber common
5.
Heyden
Chemical—
10
a
1%
10%
•
Feb
6% May
1
.
~6r;-
3,000
24
20%
•
3% May
*
V*
—*
preferred class A
100
preferred class B.———100
7 %
6%
8%
*
Class A
Jan
Feb
Apr
2% Mar
9% Mar
3% May
..
Long- Island Lighting common
Feb
Apr
f
Helena. Rubenstein
1%
7
_
2,800
.
6% 7 7
Jan
11
3%
25% Mar
*
common
convertible
Feb
4%
3%
a.
24
5
Lone Star Gas
1%
:v1
.
May
_5
Corp
Dept Stores
6%
2%
Jan
6%
13%
-
Apr
•;k
.4'/a
—*
Jan
46
May
%
1%
J-*'"1'
300
13%,
77; 7:''7-T':\
—
100
5% May
__
«...
5
Jan
777i*';7
■;
•
—
Inc 6% preferred—25
(Thos J)
2% Mar
100
«...
— -
1
Inc
Brothers common
Loudon
Hat
(R G)
Jan
Jun
43% Mar
4% May
'
—
Development
Jan
3
2
300
7 2
'$•
*
25
9
Feb
2%
•
.
May
300
2
•
...
Locke Steel Chain
15
44%
Oil
Le Tourneau
Lit
10
Paper
Hartford
Harvard
.
•••
May
5
1,100
1
Realty common
preferred
Leonard
H
Lamp
~2
*
m.
7
Lipton
Hall
High
22
7%
2%
*—1
common..
Lehigh Coal & Navigation
Jan
109
Apr
92% Apr
2% May
—
Low
2%
,.100
% preferred—
B
Lefcourt
27%
26%
Range Since January 1
'
..
Langendorf United Bakeries class A—*
—
27 %
High
6%
7%
:—1
Convertible
Gulf
Low
——100
J).,
(N
Mines Ltd
Lakey Foundry & Machine
Lamson Corp of Delaware
Jan
35%
5(4 May
% Feb
„*
common—25c
Jan
Jun
16
27
Shares
4% Mar
Jan
2
Lake Shore
• •
Paper.—-fit.—•—25
'
300
for Week
Jan
29
'
Sales
Range
of Prices
Par
Lane Bryant 7
York
Great Northern
21% May
:
.2%
*
„
'
Week's
Last
Friday
Exchange
June 5
High
f ; '
v
stock—
common
New
:
7-
Low
Curb
Ended
Week
i Range Since January 1
High
*
—
5
—,
Atlantic
Low
,
New York
Shares
c
Sale Price
STOCKS
for Week
Range
of Prices
Par
Gray
Sales
Weeks
Last
Sale Price
Exchange
June 5
Ended
2167
&
Radio,.—......
s.'
0
30c
"lif*
/B
_
%
1,700
9%
—
_
preferred
Corp
_
100
5
105
105
105
10
"
Mur
Co
class A
10% May
4%
Jan
% Mar
Feb
Apr
11
Jun
113
Mar
Feb
17—7
•.
2%
Jan
6'/2 May
.
Neptune Meter class A
Nestle Le
Jan
2% May
*
Co
Power 7%
(Herman)
9
12.50
Mines
8
Feb/1
Feb
1
Feb
2Va
1
Apr
'
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, June 8, 1942
NEW YORK CURB EXCHANGE
Last
for Week
Shares
Friday
Par
,
Associates-——*
preferred—————-100
England Power
6 '/o
Range
of Prices
STOCKS
Sales
Sale Price
:--6 T O C
New York Curb Exchange
Week Ended June 5
New
Week's
Low
23
50
%
100
19%
preferred—
$2
New
80 %
100
*
England Tel & Tel_
Haven Clock Co
New
3
Process
Co
$6
Y
N
1
16
Feb
Jan
91% Jan
Apr
Quaker Oats common
6'/o
preferred
Quebec
Co....
Power
25%
Jan
Radio-Keith-Orpheum option warrantsRailway & Light Securities
Voting commoft———
———10
Railway & Utility Investment A__
1
Raymond Concrete Pile common
*
$3 convertible preferred
—*
Raytheon Manufacturing common..50c
Red Bank Oil Co—1
Reed
Jan
Roller
Bit
Co..
*
;
Reiter Foster Oil
Corp
Reliance Electric
102
&
50c
Engineering
I
5
———5
6%
Feb
7 H Mar
Republic
100
19%
Apr
1
common.——10
100
2d preferred.—-————100
Jan
27 Feb
l7/a Feb
Rheem Manufacturing Co..J
1%
Rice
Dry Goods—*
Richmond/ Radiator—...——
*
Rio Grande
1
Co—
pfd__
Water Service 6%
Y
Niagara Hudson Power
preferred
1st
5%
8%
Class
;
100
Jun
94
Apr
9% Feb
Jan
& Gas $5.10 pfd-100
New York Transit
N
7%
—*
,
Jan
2% Feb
18
May
shares—
Founders
N Y State Electric
3%
Apr
74
preferred
Shipbuilding Corp—
Last
Sale Price
1 % Jan
Apr
81% May
Light 7%>- preferred—100
Power &
Y
N
12%
Merchandise.;.—lU.;.-—,-*-10
N Y
12
1%- Jan
Omnibus warrants———
N Y & Honduras Rosarlo
——10
Y City
N
Friday
Exchange
June 5
68% Jan
2% Mar
common—-—-—*
Co
Y Auction
N
_
101 % Jan
4Vb Feb
''
Apr
iVo
1
*
Arizona Land
Mexico &
Curb
Ended
1% Jan
30% Jan
10% Mar
———~—25
New
New
,
50
New Idea Inc common,—,———
New Jersey
Apr
Apr
Apr
Apr
York
Week
High
Low
High
l»/4
1
23
New
Range Since January 1
50
36
optional warrants-
Class B
May
1/256 Mar
optional warrants
A
Apr
_
% Mar
—
-
69 %
53
1/128
%
Feb
Jan
Mar
Max-
Aviation
1
Stix
Valley Gas Co
1
v t c
Rochester Gas & Elec 6% pfd C
-.100
6% preferred D————*»—100
.
Niles-Bement-Pond
——
Mines.;
1———5
Electric.^————1
& Power common—1
$6 preferred—*.—*
North American Rayon class A
*
Ryan
5
pfd_100
,
100
7%
preferred
Northern/Pipe Line*;—
Novadel-Agene
St
St
..25
Salt
Ohio
Edison
.—.
\8c/t preferred called
—
Ohio Power 4%% preferred—...
50
Jun
14
Apr
50
109% May
150
109% May
Scovill
106 V4
20
100
Scranton
-
Mar
Schulte
(D
-
—
common
;
preferred—
!
Manufacturing
Apr
Feb
Electric
Scranton
98
$6
...!
preferred
Scranton
5% May
Lace
common—
Spring Brook Water Servicepreferred—
$6
Steel
Scullin
•
A)
Convertible
91%
~
Co...
Co. common..—.
Jan
85
Corp common.
Mills.—
Oil
Savoy
Schiff
250
__
..
■
15
1%
90
106
Ohio Public Service 7 % 1st pfd.
6(/c 1st preferred
OUstocks Ltd common—.
—
>■
1,600
109§1 109 SI
90
preferred
'
2
...
Co..
United
110% 112
preferred
$6
Ohio Oil 6%
15
class B common.
Co
1
common.
Oil
Dome
Sanford
1%
Ogden Corp common.*——
Brass
*
pref
conv
preferred..
Samson
Ohio
1
.
Petroleum
Corp Ltd
$2
Regis Paper
1%
*
Corp
Lawrence
Class A
.10
Power class A_.
Northern States
Consolidated
Securities..—*
Public Service 6%
Nor Indiana
Aeronautical Co
Ryerson & Haynes common
preferred-;-———50
Central Texas Oil
Northern
20
—♦
2%
;
Ryan
American Utility
North
5
preferred
Typewriter—
Russeks Fifth Ave.:
common'—.;
6W prior
100
...*
Petroleum Co.—.1
Royal
North Amer Light
'
B
preferred
common..
$1.20 convertible
Noma
Class
6%%
Corp
Roosevelt Field Inc..-;—5
Root
Nipissing
'
Cable
Rome
*
1
—
Nineteen Hundred Corp B
Tel
Roeser & Pendleton Inc..
preferred——————100
A
Class
Rochester
•—5
Niagara Share class B common
Co
common
—
Oklahoma Natural Gas common
&3
preferred.—.
$5% conv prior preferred—
Securities Corp
Seeman
Qliver United Filters B
Bros
general—
Inc.
Segal
Qmar Inc.*
Lock & Hardware
Seiberling Rubber common
Overseas
Selby
Securities
Shoe
Co.——
Selected Industries
$5.50
Pacific
Can
Pacific
Gas & Elec
5%
,
Co
6%
Pacific Lighting $5
Pacific
&
Power
Public
Pacific
$1.30
1st
certificates
1st pfd—
Sentry Safety Control.*.
Serrick Corp class B„
preferred.
pfd.—.
Seton Leather
Light 7%
Service—
Shattuck
—
common
Denn
Mining.
Shawinigan Water & Power..
preferred
B&ge-Hersey
Sherwin-Williams
Tubes
s'/*
Pantepec Oil of Venezuela Am shs.
cum
common¬
pfd series AAA...
Sherwin-Williams
Paramount Motors
Corp..
Parker Pen Co——
Silex
$3
Sioux
Co——
—_—1
Pennsylvania Edison Co $5 series pfd.*
$2.80 series preferred
*
&
Smith
(H)
Paper
Aircraft
Solar
Manufacturing
Sugar Prop
Penn Water &
Pepperell
Sonotone
Soss
—50
.20
Co.
common
Co
100
—
Corp..
1
Manufacturing common—
Packing
Phoenix
Securities
Conv $3
Mines
Pitney-Bowes
California
Co
Petrero
Colbrado
Southern
2S
_J
7.5C
1C
common
25c
—
Edison—
New
—5C
common—
Scale common
Polaris Mining
10
original preferred
25
preferred B—......—-...*...25'
5%% preferred series C—
25
Southern
—_5C
1C
Metallurgical
Sugar
Southern
Southern
*
Meter..*
E RR—
Pittsburgh Plate Glass—
Valley Wine Co
Pneumatic
1
Pipe Line
Southern
1
Pleasant
Plough Inc
Pa
1C
Pittsburgh & Lake Erie..
Pittsburgh
Southwest
25
5%
—*
Ltd.—.—
Postage
Pitts Bess & L
1
Oil—
1
common—
preferred series A
Gold
Penn
6%
*
pfd„—...25
Co
Pierce Governor common..
Pioneer
South
*
Power 5%
Phila Electric
1
Corp common
"
Pharis Tire & Rubber
Phillips
*
1
Co.
Coast
1
Co
Philadelphia Co common
5
*
Power Co
Mfg
-
Circle
Perfect
100
Co.—
South
Penn
pfd
Mills..—...
*
Light $7 preferred
Salt :Mfg
1
100
Organ..——
Solar
preferred_;;;;.S.^;;;^^
Penn
*
City Gas & Elec 77*
Skinner
*
& Elec class A com—
Power
preferred
1
Cent Airlines common.
Penn
convertible
Singer Manufacturing Co Ltd—
Amer dep rets ord regis......£1
Pennroad Corp common.
Penn Gas
*
common..
Simplicity Pattern common..:.Singer Manufacturing Co..
preferred A
Penn-Mexican. Fuel.
Traffic
Co
Simmons-Boardman Publications—
$1.40
Penn
Canada
of
—.
—_—
P&rkersburg Rig & Reel.
Patchogue-PIymouth ; Mills—
Peninsular Telephone common—
Penn
common
prior stock—.—
Allotment
common
preferred—
1st
Inc
stock
Convertible
£
Power
class
A—25
England Telephone..100
Phosphate Co
10
—
.
Pipe Line.*;*.—10
Southern Union Gas...
■8%
*
preferred A„„—
Southland
Spalding
25
Royalty Co
(AG)
&
5
Bros
1
1st preferred—
Spanish; & General Corp—
>' Amer
dep rets ord regis
*
...
Spencer
Shoe Corp.........
Stahl-Meyer Inc..
—
Standard
—•
*
Brewing. Co
__2.78
Standard Cap & Seal common........1
Convertible preferred
10
*
Standard Dredging Corp common——1
; $1.60 convertible preferred
*.20
Pratt & Lambert Co*————;..;.;;.1
Standard Oil (Ky)—_
10
Standard Oil (Ohio)~5 % pfd—*.—.100
Powdrell
&
Alexander.*
Power Corp
:
—
i>'>
£
of Canada——
■'
Premier Gold
Mining
Prentice-Hall
Inc
.•*
Pressed
producers Corp
]
*
common—
of
Metals
America
1
of Nevada—
1
Gas.
...
...
*
Light!——————1
/Common class B__
*
Preferred
Standard
Prosperity Co class B__—
Providence
Standard .Power &
*
Products
Co..
—
Standard Silver Lead
_'__1
Standard
Public Service
1st preferred
IOC
1%
1st preferred
IOC
Steel Spring—.
Standard
of Colorado—•
6V0
Tube
class
B__
Stein
$5 prior preferred......
«
preferred..—
*
Puget Sound Pulp & Timber.—..
*
Pyle-National Co common
____.—£
Pyrene Manufacturing
_;;__it
Sterchi Bros Stores...—
$6
—
For footnotes
see
page 2170.
5
1
Starrett (The) Corp voting trust ctfs__1
Steel Co of Canada;——
___*
Puget Sound Power & Light—
V
1
6%
>5%
(A)
& Co common
——
■
*
!___1
1st preferred...;.I—.;.—__50
2d preferred...
—__20
Sterling Aluminum Products—;.*
1
Sterling Brewers Inc——_——l
,
Week's,-'
Range
of Prices
1 Low
High
Sales
,
,
for Week
Shares v
Range Since January 1
'tow '
High
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4079
Volume 155*
NEW YORK CURB
^
:
M
STOCKS
New
York
Curb
Week's
Range
Last
Sale Price
Loio
Par
Sterling
(J
B)
Co
Stinnes
(Hugo)
Stroock
(S)
Sullivan
Sun
convertible
Oil
preferred
(Calif)
Co
250
2%
Oil Corp—
Jun
3%
Jan
2%s
% Mar
3%s
3%s
Apr
13%
Jan
12
1% May.
Gas
f
debs
s
f
debs—
s
f debs^,-,--,-,-,,;,-
s
1950
Power
Apr
10%
Texon
Tilo
Shovel
Tishman
7%
1960
Co
2
&
Tobacco
14%
Product
Allied
]'■
•
Jan
1970
Jan
2024
Feb
1956
A-O
106%
May
1953
J-J'
40%
1948
MS
1949
J-J
35
19%
Jan
8%
100
Toledo
Edison
:1 %
6%
15%
'AConv
Feb
3% May
% Feb
5%
Feb
%
43
Jan
80
43
42
40 Va
2%
—
3% Mar
93
64
Jun
100
91%
93
40
85
Mar
95
Mar
64%
100
'
Chatillon
Jan
%
&
Sons
3ye
31
100
150
3'/a
29
(B.
"t
81%
'
1
3
126
126
86% 106%
79%
'
5
•V'
17,;
106% 107
82
104 V2 107%
124% 130
M
105
107%
38
47%
1%
<21 •
1%
8%
9 v4
21
8%
12
$87/a
9>/2
9%
12%
5
8%
<
11%
8%
,
9%
12%
_
Jlf-N
J-J
$107
108
106
J-D
$90
__
12%
00
62%
M-S
v
63
; V 12
107 %
'
'
55%
106
1
>1
v
"+
N
"«
'
•
108%
105% 107%
t
1950
MS
106%
106% 107
1957
J-D
114%
114 y4114%
1960
M-N
114'/4
114>/4 114y4
—
6s
"
1998
Q-F
1968
2%s
MS
—1970
Power
Northern
111
5s
J-D
1954
M-S
1953
^
El
&
Power
Gas
States
5s
1
3%s—
Elec
5s
$152
102%^
—
.
1964
J-D
.•/.
.
-
•■•••
_
States P
& L
12
102V8
8
11
101
6
79
83
99% 102 %
6
47
2
1927
F-A
57
1952
A-O
94
59 Va
A-O
1966
M-S
•11%
$$4
96
5%
<
85%
104
4
57
96
103%
101
14
96
5%
J-J
115%
152% 155%
100 y4 103 »/2
101 Va
103% 103%
5%
6
5%
1953
ctfs
5s
112
101
103%
,1955
Rys
112% 114%
2
154
83
M-S
:
.
....
.
SVis
23
102 »/4
V
.
—
J-J
1954
jb
•.
Central
106% 114
V
101% 102%
'•
MP'
M-N
—_1948
A5%s
Jan
§ A Chicago
66
9%
Cincinnati
u
-
of
Co
Gas
Union
Investment
United
Aircraft
United
2%
"5% "5%
•
Products—
"5% "5%.
12
100
57%
57%
100
Apr
7%
Feb
2%
7%
40
59%
&
United
participating pfd
Cigar-Whelan Stores
United
Corp
cum
*
10c
Jun
57%
%
Jan
Feb
A
Feb
Jan
9J/4
Feb
ft Jan
Vz
Jan
33
United Gas Corp oommon__-__,_.
ft
1
Option
r
1st
$6
class
B—
.
97%
Apr
126%
10
93%
93%
93%
3S2
3*2
Jan
A
12%
14 Va
83 %
2,400
Jan
93%
;
—
__
%
21
•*
^4
;
Amer dep rets ord regis
Profit Sharing---,--—10%
,
preferred——
United
;
•
25%
77
-
——10
Shoe Machinery common—25
preferred
,-.^,,,.,.,,,,25^
..
.
58
4?
56
58
41
42
Jan
2
Apr
50% Mar
1,350
v
A
4
2%
r
U
S Foil Co
U
S
class B
U
S and International
Graphite
•.
38
590
S Lines
U S Radiator common——.
Rubber
S
4%
300
2%
2%
400
-
Reclaiming
67/s
45%
44%
Va
Jan
43
625
45%
200 i
10
3%
%
7/s
1%
1%
1%
•.
30
Lt
&
series
7s
Pr
M-N
77%
77
78%
57
62 y2
96%
J-D
78
77%
78%
42
64
96%
—1957 '
'
M-S
1951
A
101 %
100% 104%
101 y4101 y4
M-N
*121%
—
117% 12214
:
(Bait)—
1971
N
ref
mtge
3s ser P_,
mtge 2%s ser Q
J-D
,1969
ref
—1976
Gas
109%
$105
no(<:
108 y«
109% 109 %
J-D
J-J
-
$101% 103
104% 107%
107 y2
10?:'
99%
%
(Bait City)—
mtge 4%s
1954
Eastern
Gas
Fuel
&
Power
&
Water
District
Water
&
El
'
M-S
81%
F-A
79
?.v
M-S
,,,1952
M-S
1954
5s
6iy2
2
80>/2
-79
80 V«
Service
Residential
M-N
6s-5s
5%s_
Bank—
,1961
Mtge
78
stamped
C___
M-S
1966
*11
J-J
123%
104% 105%
20
98
$45
J-D
1954
ser
Florida Pow & Lt 5s
■'
92%
122
104% 104%
98
86 V8
68%
124
104%
69"
-
100% 102%
31
81%
78
93'%y
60
3
±192
v
69%
57
6i
;VV."
'■
96% 102%
-5
25
50
47
103% 104%
11
102% 105%
103% 104
103%
Feb
«
Gatineau
General
3%s
Power
Pub
Public
Gen
Jan
4%
36
103
!04»;S
Serv
Util
,—1969 ' *
A—
5s
A-O
1953
6%s
A
,1956
86%
86% :
;
A-O
100 %
22
87
94
J-J
94
79%
88%
1
S4
lOOi'T
9
99% 100%
94
% 103%
Jan
A Mar
ft
Apr
1,100
7/s
Jan
1% Mar
100
1%
Jan
3
%
Jan
General
15 Va May
Rayon 6s A
,1948
Works
Water
Elec
$58%
J-D
'
__
99%
99%
10
99
100%
1978
J-D
81%
81%
82%
5
77
87%
:_1965
&
M-S
90
89%
90%
40
85 v8
90%
5s__1943
Georgia Power & Light 5s
J-D
'
1%
*
2%
2%
*
3S2
Apr
Glen
1
Insurance
8
18% May
26
common—
1
25
Mar
29
•
10
Jan
11%
West
5s
J-J
Nor
stpd
—1950
Mountain Pow 3%
1963
— —
—
'
47
$43
,
41%
$87%
97%
J-D
88 y2
97%
53
81%
5
88%" 89%
—
F-A
Green
Feb
Power
M-S
,1941
—1950
4s__
Great
Jan
Co
(Adolf) 4%s A
90
108 y4108 y4
Feb
Pictures
4s
Coal
Grand Trunk
Jan
Universal
Alden
AGobel
May
%
Universal Corp voting trust ctfs
Universal Products
Utah-Idaho
Utah
Radio
Products
$5.50
5V2 May
200
6%
—
—
45
45
8"%
2% May
2,600
*
41
50
3%
62
Apr
1% Mar
10c
—
stock
priority
6%
1
Equities common
Utility
6%
5
Sugar
Utah Power & Light $7 preferred—
3S2
100
Jan
6-
series
6s
Idaho
Venezuelan
1
common
convertible
$4
preferred
%
Petroleum
Jan
17%
Feb
414
Jan
May
9014
7% Mar
3%
3%
300
8%
Jan
52
100
•
Co
•
Wagner Baking voting trust ctfs ext—*
V/o (preferred
100
Waitt & Bond
class
A,.
1st
Walker
Wayne
•
—
:
!'li'
Mills—
5
a.'
mm —
.I Wellington Oil Co
Wentworth
manufacturing
1
1.25
•a
mm*tm
"
"
ft
V"
f
mm
mm'
'
5
S
1st
6
J-D
110% 110'/4
1
A-O
83%
5
1949
A-O
A-O
1953
A-O
101%
99% 101%
27
1954
J-D
98%
97%
98%
20
93% 105%
1956
ser
J-D
96%
96
96%
14
90
M-S
92
91%
92-
,7
88% 100
A
83%
83%
\
$83%
■
series
C
May 1957
Service
5s
& L
§International
Power
F-A
.1952
___,_1970
3%s
Indianapolis P
M-N
101%
w
500
19
109% 111;
83
87
83%
86-
107% 110%
101% 101%
J-J
1950
5s
5s
ref
&
1958
1950
Hydro-Elec
lien
67/a May
ft Jan
Feb
%
A6%s
A 6
98% 106%
A-O
M-N
78%
13%
May
1% Mar
1%
1
105"% 106
71%
71%
12
77
113% 114%
106
100% 103%
9
14
78%
75%
76%
79
6
1047/s
80%
80%
118
105% 107%
Sec—
1955
C
(Dec
1941
1
coup)
,
A7s "(Aug
Feb
A 7s
3% May
coupon),:
1941
2>/2
Jan
J-J
—
:1957
J-J
10%
—
•
•
'
5
6
5%
11%
10
__
3
11%
10
1
5
10
9%
—
,.1952
coupon)
(July 1941
6::;
9%
10
9%
F-A
%—.,1952
F_
series
A7s
Jan
,1957 '
V9
10%
9
J-D
1955
1957
E
series
A7s
Jan
series
%s
*
—
80%
47
14%
-
85
$109% 109%
•
v"27/s ~27/a
67
39
Jan
Mar
Va May
9
aa
6
1967
6s
5%s
f deb
Indiana
Jan
81
Feb
6
3*3
'
la"
15%
'
Apr
200
ft
57/a
Mar
79
100
33
—
3% May
——
a-—'
•aM
•a
Mining Co—
Knitting
;-aa»
—
15
Jan 1949
4
200
15
1966
AIndianapolis Gas 5s A
3%
M-N
3%s
ref 5s
&
1st
3%
•a*
»
Class B
1948
5s
1st & ref 5%s series B__l
W
Aircraft
11
"
^Indiana
Waco
80
41%
Jan
Lt
&
80
40
B
Power
Pwr
80
40%
Jan
13
1
Virginia Public Service 7% pfd
Vogt Manufacturing—
%
Apr
3% Apr
5
Apr
96'% 102
J-D
J-J
6s
Food 6s A
Hygrade
Jan
1
1945
1958
6s
West
& Pwr 3%s
Houston Lt
Jan
Prod
&
Investors
§AGuardian
1% Mar
Jan
Store
Grocery
Guantanamo
Jan
33% Mar
1
Jan
111
Valspar Corp
W
10
■>
11%
10
10
*
14
,
"5%:
9%
11%
6
5
200
65
78 V<
31%
39%
10
'
West
Texas
Utility $6 preferred
West Va Coal & Coke—^
-j
Western Air Lines Inc
— mm-
5
1
"
3%
94
— mm
3%
95
Mar
',<? '
"
"3%
100
27/a
4 Va
Jan
,
Grocer
common,;
Apr
Interstate
Western Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery com
•
Westmoreland
Coal
Westmoreland
Inc
—K':
•
•;;;.
•a —
pa—
v
.;
2 :> Mar
>
2%
Jan
ir
ft
II
II
20
.
10
Power
Debenture
61
%
10
61 lA
61% May
13
17%
72
Mar
15
19
12
A Jacksonville
Mar
Mar
Mar
Jan
4
12
1
Wichita River Oil Corp
Williams
Williams
,
Willson
(R
C)
&
Oil-O-Matic
<
Heating
Light 7%
pfdll100
Cement
10
common
Woodley Petroleum
Woolworth (F W) Ltd—
1
Wright
deposit
receipts
Hargreaves Ltd
For footnotes
see
Gas &
Pow
1965
,1966
J-J
35%
page 2170.
8%
7%
Jan
214
Jan
75
8%
Jun
12%
6%
Jan
8%
Apr
,.
II
I_
&
6%
' 4%
"
700
100
Louisiana
Pow
Lt
J-D
M-S
41 y8
105 y2
2%
1
7
107% 108%
6%
11 "
41 Va
105
43 Va
105 y2
15
17
38
54c;
105
107%
$107
108
106
$119
123
120% 125:')'
$111
112
110
3%s
1969
J-J
1966
A-O
Mar
Mar
6s
Jan
4
Jan
Mengel
Jan
6%
Apr
Metropolitan
4
Feb
4%
104
•»
Jan
&
105%
!1957
J-D
108%
1948
F-A
$81
84
___1947
M-S
$98%
99%
M-N
109 % 109%
Lt
3,900
4
1% Mar
2%
Mar
4s
Jan
5s
v
107.';
112. 'F
,105% 106
108% 109
2
105'/4 106%
8
107% 109
Mfg—
stamped
Co
series
I
conv
4%s
Edison
•Midland
4s
*,
E
G
1971
1965
M-N
6%s
1945
,1943
A-O
1967
M-S
•••:«
J-J
Valley RR 5s___
Middle States Petrol
1%
37
J-D
M-S
McCord Radiator &
4%
3% Apr
5s
"21/4
11
;
4
4%
35 V2
k: 108
11
2022
Lake Superior Dist Pow 3%s
94
6%
r~"
34
108
M-S
J-J
Jan
200
9%
7%
74% ft 75%
6s
Elec
Jan
7% Mar
114
~I
2
American
(stamped) _____1942
Gas
Jersey Cent P & L 3%s
Kansas Elec Power 3%s
Kansas
Feb
6%
Jan
6% May
*
__i
10
Portland
Wolverine Tube
6s—
4
Co
Wisconsin Power &
•'Wolverine
5%
5%
II
Products Inc
Wilson-Jones
5% Mar
10
Co
1958
1963
4%s
Light
Superpower
75%
Jan
16 Va May
18
II
—1952
6s
&
Power
Altalian
Kansas
Weyenberg Shoe Mfg
5s—
*
—,—20
■
Jan
Iowa
Western
.
■
125%"
120
-
76%
101 »/a 101%
__
10iy2
2030
,,1956
5s
123
75%
76%
M-S
4s_____—__,1956
RR
F-A
J-D
,—,1955
Light 5s
Lt
'
1944
3%s_,
$120
A-O
^.1958
5s
Packing
Florida Power Co 4s
Jan
Universal
,
*J
1952
Jan
1% May
400
.
.
El
Gas
Finland
6% Mar
Apr
2
5%s
Pr
Federal
Jan
53%
Apr
Feb
Paper,,—.
L
&
Empire
Apr
Va
B
&
Lt
Jan
12%
Universal Cooler class A
P
1949
Elmira
Jan
50c
Class
83%
Service
Electric
Apr
convertible preferred—
♦'
United Stores common
--50c
Wall
72
Cudahy
Jan
8%
27% Mar
$7
United
17
A General
U S Stores common—
1st
78 ya
Cuban Tobacco
Jan
•
May
4%
20
,*
77%
Gen
Jan
7
Jan
1
—,
78%
Consolidated
Jun
43%
May
Apr
2% May
-
*
M-S
1st
Jan
58
3%
——
Securities
Inc
preferred—
U S Plywood $1.50 conv preferred
U
4%
1
$5 1st preferred with; warrants
U
1969
•
.
4%
_5
common
83 y2
5s
1st
"
United Specialties common—-——1
84%
69 y2
3%s
May
% Mar
;
69%
22
Continental Gas & El 5s
May
2
,,
l25c
230
80%
Consol
4
United
78%
79"%
Connecticut
Jan
United Molasses Co Ltd—
.
77%
80 Vs
Community P & L 5s__I
Jan
23
Apr
72 y2 Mar
•'
87
78%
A-O
I
Jan
%
Va Mar
10 y2
—-
74%
J-D
Jun
Va Mar
;
—
2
1958
5s
5%S
,
Jan
400
14
82 r
1950
Cities
Jan
a's
—
*
—
Milk Products
participating; preferred—;
$3
600
—
preferred--.———
% United
'«
i.r
"•
—
Common
'
■
2,700
107 % 108 %
1st $7 pneferred non-voting
*
warrants—-^—.U United Gas & Elec Co 7% pfd
.1100
United Light Si Power common A
_*
-
,
«
7
''
81%
'
Jun
Vs May
—*
;
Feb
warrants———
United Elastic Corp—
Jan
5s_
deb
Conv
Jan
15
6,000
%
3a
5s
..;
Mar
57%
V/
99% 104.%
fl03% 104>/4
•),
,,
'• 101
98
Debenture
Jan
*
$3
1;"
100% 100%
Debenture
Jan
11
B__
Service
Cities
Apr
5% May
400
Apr
5J/2
•'
«.w f
12
12
»
common
-
Ry 5%s A
Jan
2
100
\' ' '
1
_
Apr
3%
—*
common—
Chemicals
600
2%
10
Canada——.
Union
series
6s
VA
2'A
1
St
V
xoo
"
Udylite Corp
Unexcelled Manufacturing
"
65
'
'
'
of Canada—
Edison
§ACentral
Feb
6%
16
'
1947
k'
,
6s
River
Canada
Jan
Jan
11
9%
C
series
Broad
Jan
35
9y4
8%
;
8%
8%
'
;
,
'
1955
1964
Birmingham Electric 4%s
Jan
4%
Apr
Mar
8%
8%
;
-•
—
9
•
Feb
%
42
40%
series B
5s
Bethlehem Steel
Jan
5%
39
F.)—
F,
Telephone
1st
5s
1 Vs May
5% Mar
1
—
4%s
warrants
c
.
Central
1
preferred
V-
Hil,';./ ''' •*
F-A
,1955 '
5%s A
Light
without
1.' '
Boston
3% May
a\ Apr
31%
3%
Corp
convertible
80c
300
200
Tung-Sol Lamp Works
y.'t,. >;y
A-O
;
Jan
111
*
A
J-J
— —
Baldwin Locomotive Works—
Jan
x103
t
% Mar
4%
10
Inc
Tubize
T deb
City Elec 3%s„_
Avery
Apr
95
Apr
1,100
warrants
Trunz
%
--
%
%
1
Trans western Oil Co
Class
*u.:-
1
.
V
97%
81%
v
.7
78
93
105% 105%
95%
,
J-D
:,.:,,„,1977
5%s
&
.
100
Tonopah Mining of Nevada—
it J-J
*.,1968
Gas
Bell
64
"
Tri-continental
deb
Convertible
Trans Lux Corp
101% 106%
102% 109
,
'
.
preferred-
M-S
■
i.,,1950.'F-A*
Atlanta
Jan
3%
;
Assoc T
"
Apr
4%s
Atlantic
5s
49
Apr
4%s
deb
ADebenture 5s
Jan
2 % Mar
—
1
*
preferred,:
104
:
Security Trust Co Ltd—
dep rets ord regis
dep rets def regis 5s
Todd Shipyards Corp
;
' Amer
High
102
,
deb 5s_
a Conv
Apr
14 ys May
deb
A Conv
/
Jan
50
*
"Amer
/
2
1961
♦
Tobacco
2
104% 104%
2016
3% Mar
Mar
•
*
Exports—
104% 104 Va
104%
Feb
.
Stocks——
Low
104%
Jan
100
14%
*
Construction—
^
Tobacco
"2% "2%
5
1
Realty &
J-J
8
Feb
7
'
common—^
J-J
Jan
-v..:.,
Jan.
90
1,900
8;
100
Roofing Inc
January 1
No.
High
2
11
;;
16% May
'
pfd„_
Oil & Land Co
Thew
8
400
17%
17%
17%
*
2]/4
'
4
*
Light 7%
Range Since
Sold
'
7%
1
common
&
Bonds
102% 102 y2
2%
A Conv
Texas
J-J
1870
—
9%
-
Technicolor Inc
Range
Friday's
or
Sale Price Bid & Asked
& Electric Co.—
SAssociated Gas Si Elec Co—
Taggart Corp common
Tampa Electric Co common
Week's
Last
Period
45%
.v.-
Apr
26
200
30
30
30
5
Jan
8'/2 Mar
•
15
;
Apr
Apr
40
25
Friday
Interest
Exchange
June
Low
American
Jan
9y2
3,100
*l%v
1%
Curb
Ended
High
% Mar
1%
York
Week
1
8%
200
10
.—50
Superior Port Cement class B com
Swan Finch
2%
10
•
1
1
Oil-
Superior
U
.,—*
Ray Drug Co
5'/2 7o
u
1.100
5
Corp
Co__
Machinery
Sunray
tow
High
2%
2 Vss
*
common...
BONDS
New
Range Since January 1
n
1
Inc
Stetson
for Week
Shares
EXCHANGE
Sales
of Prices
Friday
v
Exchange
Week Ended June 5
2169
Milwaukee
Gas
Light 4%s
109%
109% 109 V'a
$100
80
85%
98% 100
5
106
109%
1
107
109%
99% 101 "i
101
61%
12
104% 105 'A
19
60
105%
—
56
64%
102% 106
THE COMMERCIAL £ FINANCIAL CHRONICLE
EXCHANGE
NEW YORK CURB
Friday
BONDS
Ended
Week
Interest
Exchange
Curb
York
New
Last
ref
J-D
105 aA
105% 105%
16
105% 108
J-J
102 '
1013/4 102%
31
100% 104%
110% 110%
2
110% 111%
M-N
F-A
<
-
M-N
series
SVas
47%
'
J-D
$
70
.
72%
M-N
84
2
113
42
17
62%
32
43
63
47
■
•
48
.
48%
20
72%
.
65%
Ohio
1st
Power
67%
1st
100%
-
50%
22
——
109
„
„
:
105
A-O
Nat Gas 33/iS B
Oklahoma
Oklahoma Power & Water 5s
a Lima
108%
Pacific
&
Ltg
Park
1964
1977
f;',.
3s
Lexington
Lt & Pwr 4%s
Penn Central
.
5s
1st
F-A
J-J
M-N
503/4
50%
51%
107
1063/4 107
106
114%
108% 108%
;
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V.-l .V S»'V.
-
: f-"*'
Sound
22
100
V
j\r,
,
1947
13
28
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<*.*••• ->
1927
M-N
*27
34%
1927
A-0
$27
29%
J-D
*15%
.JrD
$25
M-S
*19%
Oct
15
9%
25%
12%
of
Janeiro
de
1931,
-
—1958
__
6%S-———-1959
Government
28
25%
17
13%
■
-.'-r.:
28%
-18
„
20
15
J-J
2
189A
15
T:
"X
15
—1919
6%s
*
No
J-D
1%
—1921,
ASantiago
J-J
*1%
J-J
value,
par
a
j
1%
.15-
10%
i
Deferred delivery sale,
d Ex-interest,
P/4
4
1%
1.
•
1'
•-
•
-vr-
Odd-lot sale.
e
r
..•86
•%.<
$14%
1949
7s
-
•
1%
V
15
13
v-:
Cash
sale.
x
if
nUnder-the-rule sale,
Ex-dividend.
* Friday's bid
during current week.
asked prices; no sales being transacted
and
28
104%
A Bonds
traded
being
flat.
in receivership.
105% 108
106% 107%
108 %
114% 114%
$105
106%
111
106
99%
96
"cum," cumulative;
"cons," consolidated;
above—"cod," certificates of deposit;
used
97%
87%
Abbreviations
116%
105
96%
'"cony," convertible*;mortgage;"n-v,"'non-voting stock; "vtc," voting* trust certificates;
"w
90
"xw," without warrants.
with warrants;
i,";. when issued*."w w,"
f
.
A-O
$110% 112
109% 110%
M-N
$102% 104
100
$73%
103
71%
77
Stock and Bond Averages
79
Below
107%
106% 107
106
105%
105% 105%
104% 106
'
105% 108
107% 108
108
..y,,
•
•
iVv
-V -'
—j'
--
.■V
139
138% 139%
13
132
J-D
100%
100% 101%
76
98
102%
4
4
98
103%
i
99 % 100
J-D(
1950
101
101
M-N
1950
150
?
96% 100%
47
75
80
'■
I!
trials
May
30
-
.
in
ill
$129
in
1979
4%s
:
107
18
__
.
ties
,
First
Grade
Grade
Rails
.v-
V
40
Utili¬
Bonds
ties
Holiday»1
Holiday
—
' 49.71 i*
90.75
88.71
108.45
1
101.37
23.59
11.49
33.55
105.62
2.
101.30
23 31
11.48
33.44
105.99
90.10
48.63
108.43
23.37
11.48
33.66
105.95
90.34
49.01
108.49
23.35
11.80
34.06
105.99
90.57
49.46
108.49
34.374
105.94
90.55
49.81
108.61
3
4—.
June
5
-
_
103.61
12.06
:
23.54
•
Total
-10
Rails
trials
Stocks
-
Second
10
Indus¬
65..-
r
10 m
June
June
111
129
Utili¬
i..
June
June
19
80
80
80
1952
«
roads
-
Total
15
20
Rail-
Indus¬
Date—
••
...
10
30
M-N
1949
A—
Safe Harbor Water
Dow, Jones & Co
V
•
• •:
-
■
series
of representative stocks and bonds
the daily closing averages
are
V
C
series
107% 110
110%
107
1
1st 6t ref 4 % 8 series D„
5 %s
12%
13
1334
A
104% 105%
Queens Borough Gas & Electric—
:
J-D
.•
6
-
.
;
15
of May
A5%S
97% 101%
100'% 101%
*105
106%
$109
M-S
1969
P
5s
ref
&
1st
,*4
12%
14
101% 101%
28%
90
M-N
perpetual
6%
Puget
1951?
stamped
•
*11%
M-N
101% 104
1949
of New Jersey—
certificates
& L 5%s
Service
Public
iRi-S
l__1958
.(State) ,7s
105% 108%
1964
Public Service of Indiana 4s
?,lT
,H
y. -
•
(Public Service Co of Colorado—
v.
1st mtge 3%s
i Sinking fund deb 4s
•Sf
33
20%
$5
107% 110
$95
—
5s
j*• :j
'
__
stamped extended.———1950
*vH
.j1 v,!''
m % i''
~
Potomac Edison 5s E
i—1956
v
4%s series F
1961
Potrero Sugar 7s stpd
...
1947
Power Corp (Can) 4%s B
1959
•
.
7s
§ Reported
Elec Power 5%s—_1972
Philadelphia Rapid Transit 6s
1962
Portland Gas 6c Coke Go—
A5s
stamped—
1940
.
•,
"9
33
31%
.
35
25
107%
102% 106
*106
Philadelphia
"
F-A '
6%s stamped.1058
(Peru)
7s_____^
ARio
108
107% 107%
^
—
^—~~
City
A Parana
61
108%
99% 100
M-N
,—1979
—
Pennsylvania Water & Power 3%S-1964
3%S
.—1970
'
9%- 13
12
12%
*33
.../
Mortgage, Bank of Denmark 5s._—1972
106
*20
101%
40%
105
103
$100% 103
J-J
1955
40%
25
Alssue
96% 103
100% 100%
102% 102 3/a
F-A
1942
5s
Power
M-N
—.1952
stamped-.
Mortgage ,Bank of Bogota 7s__
114% 114%
4—
__
$107% 108
A-O
;i
25
Waterways—
AMedellin
r
[r Pacific Power & Light 5s
12%
J-D
1953
&
111 %
10434 1048/4
1063/4
A-0
F-A
—1962
Aug 1955
1948
4s^
5s
.
A External ■ 6 % s
ARussian
3'As
High
LOW
1
44
*403/4
J-J
1955
107%
-
107% 108
M-N
——.
Service
•;
AMaranho
101% 105%
107% 107%
—
3s*j———x-
mtge
Public
Ohio
Extended.
■
87%
103% 103%
1
A-0
1948
AMortgage Bank of Chile 6s
3yaS
5%s
mtge
403/4
No.
^
:
85
49
7fr
71%
$114%
'
Sold
LOW
40%
Range Since
January 1
Bonds
Friday's
Bid & Asked
of)
Bank
Danish-5 %s
Northern Ind Public Service—
1st 33/4S series A
or
Sale Price
A Issue
J-J
;.
Ogden Gas 1st 5s
Mortgage
Valley 7s
(see
ACauca
108%
106
107%
69
$107%
J-J
:
62%
42
Bogota
96%
114
50
Power-
A——
Utility
Cont'l
7
48
$110% 110 8/4
'
North Boston Ltg Prop
Nor
115% 124%
1013/4l03%
J-D
Period
7s_—.i-Aprll 1946„
7s____—_Jan 1947
A20-year
A20-year
106% 111*
114
$107
•
Last
Interest
Agricultural Mortgage Bank (Col)—
16
92 Va
47%
48
A-O
—Nov 1949
North American Light St
•;/?
13
114
47%
•
Week's Range
Friday
'
.
Exchange
High
Danzig Port
———1964
N Y & Westchester Ltg 4s
2004
Debenture
5s————1954
•r;
9%
114
■
M-N
& G 3%8.
N Y State E
——
47%
Curb
Week Ended June &
98% 100 %
•
Service—
series A.
6s
AIncome
;'/•
York
New
92
92%
'
\
J-D
1954-
Public
Orleans
New
-
$109
M-S
-.1948
Debenture 5%s•
...
14'
106% 107
107
•
J-J
1961
3%s—
England Power Assn 5s
New
11
99%
$9%
A-O
1950
5s
England /Power
New
993/8
;
M-S
1956
1948
:_1947
1948
5S...
5s
58
deb
BONDS
Jil
Elec
Gas
Gas & El Assn 5s
.Conv
J\
■'
.
J-D
1981
A—.——.—.——2022
Amsterdam
New Eng
"'■.p-'j':
F-A
1945
Power 4%s
•'( -;V
Nevada-California
New
4
•
§ANational Public Service 5s ctfs.11978
series
Foreign Governments & Municipalities
High
100% 104%
1978
.1951
*.
Mississippi River Pow 1st 5s
Nassau <fe Suffolk Ltg 5S-._
6s
Low
8
103
103
J-D
5s
Mississippi P &.L 5s
Nebraska
January 1
Ho,
1957
.1955
Minnesota P & L 4%s
&
Range Since
Sold
Low
High
1st
Bonds
Sale Price Bid & Asked
Period
5
June
Week's Range
or Friday's
Monday,-June «, 1942
'
•
.
88.36
88.45
88.63
•
88.73
130
1.
■
San
—.1951
Steel
Scullin
A-0
3s
Inc
-Shawinigan Water & Pwr 4%s
1st 4%s series D
■
Carolina
South
1967
1970
Southern
California
Southern
Counties
Edison 3s
Gas 3%s
California
Southern
1957
,1965
1970
5s—
Power
A-O
A-0
*78
93
p:
92%
93
•
«..»
':■
„
>
—
18
93%
103
103
J-J
M-S
A-0
^
2 J
.f
'•
'
5
102% 102%
100%
100% 100%
104%
53
55%
78%
78%
93%
J-J
—1947
Wyoming Coal Bs_
Sheridan
$57%
J-Tt
1951
ASchulte. Real' Estate 6s
,
1952
Joaquin Lt & Pwr 6s B—
\
86
86
96%
87
Transactions at the New York Curb Exchange
96%
103
100
102% 104%
18
5
104% 104%
,
99% 102%
Daily, Weekly and Yearly
f
103% 106%
Stocks
.
(Calif)—
Gas
1971
mtge 3s—
Southern Indiana Rys 4s
P
Southwestern
Spalding
Gas
&
(A G)
Standard
3%s_
& E
Southwestern G
L
55%
6s
54%
$93
44%
_1989
533/4
55%
54%
54%
1951
543/4
56%
1966
54%
56
gold debentures—>.-^-^....—.1957
54%
55%
6s
Debenture
6s
6s
Dec 1
Power
Standard
&
Corp
Inc
AStarrett
Light
5s
106
88
5
45
42%
'51'/a
128
1
103
28
36
Electric
Power
Texas
Water
Toledo
Twin
&
Edison
*14%
18
1960
5s
J-J
1956
3%s_—
M-N
112
F-A
1968
J-J
1952
City Rapid Transit 5%s
93%
J-D
106
4th
6s
stamped
Electric
N
Light
Power
V.-
&
1950
4s
J
15
1949
112%
106
107
69%
15
105 %
84%
Total.
lien
1st
&
Debenture
ref
1st
"
,
s
112
5
105%
income
F-A
2022
M-N
$94
88%
96
88%
82%
2
,
92% 100
v-A' Cl
2
83%
99
F- A
101% lOlgi
15
101'/8
J-D
102% 102 Si
11
101% 103
F-A
101% 101%
8
102%,
99% 101%
Saturday
Monday—
Tuesday....
Wednesday.——
Thursday
—
Friday —A
——
West
Penn
6s
'A
Electric
Penn
Westerh
;
1951
Ry & Elec 4s
Wash Water Power 3%s—
West
1964
2%
23/4
$1083/4 110
108 %
108%
101% 101%
5s
Traction
2%
107
§ A York Rys Co 5s stpd—,
AStamped
5s
i— U--
a:
.1937
1947
969,000
456,000
1,261,000
$4,538,000
:—
334,020
524,300
486,170
Railroad
and Miscel,
Bonds
Exchange
Holiday
$5,898,300
6,860,100
6,290,800
United States
.
Total
Government
Bonds
Foreign
Bonds
Bond
Sales
Holiday
-
$329,000
$3,000
58,600
21,500
377,000
469,000
6,179,800
5,360,700
522,000
$30,589,700
$2,237,000
$6,230,300
7,295,700
6,781,300
.
22,200
540,000
Week Ended June 5
1942
of
.
„
16,000
$121,300
6,742,000
-
5,898,700
$32,948,000
shares
Foreign
57
Railroad
71%
71%
71%
78
72
73
71
78%
1,969,370
1941
2,138,203
Jan. 1 to June 5
1942
46,295,018
1941
55,290,092
Bonds
107% 117
75%
U.
.
;
1,969,370
Stocks—No.
109%
57
316,050
108%
99% 108%
109
to 1959...
308,830
—.
—
108% 109%
$65
5s.
2,019,000
63,000
4%
Newspaper Union—
unstamped extended to 1959
6s stamped extended
—
—
Total.
1954
...
Stocks,
Numbet of
Shares
115% 117%
_1946
debs
80,000
10,731,957
8,030,067
$79,452,000 $118,044,000
Daily, Weekly and Yearly
100%
1950
f 6s
$4,395,000
114%
1946
Wash
,
-
103% 106
51
86
116% 116%
1944
1941
451,455
Transactions at the New York Stock
15
10
1
Waldorf-Astoria Hotel—
A5s
$113,000
80%
.;;'
;
A
B._
series
5s
\t;: Debenture
Co—
4%s:
series
Serv 5%s A
Pub
Virginia
V/,
gen
6s
——*
Week Ended June S, 1942
A——...——.—1952
Utah Power & Light
$2,886,000
108
8
112% 112%
1959
v. -.
,
8,000
4,000
$3,028,000
108 %
:
77%
(Delaware) 5%s_1952
United' Light & Railways (Maine)—
1st lien & cons 5%s
series
52,000
35,000
29,000
government..
Co—
United Lt & Rys
6s
9,000
$2,886,000
113,000
Foreign corporate
AUlen & Co—
Conv
•
6,000;
86% 101
93%
15
106%
111% 118
112
76%
'
107
107% 107'/a
J-J
1979
United
$2,000
„
Foreign
105
106% 106%
2022
5s
5s
United
7,000
1942
deposit-
Light
16,000
284,439
of shares
Bonds
Domestic
Power
$3,000
Week Ended June 5
6s.
A.
series
6s
Tide
of
Total
Holiday
641,000
284,439
Stocks—No.
Service
Foreign
Corporate
579,000
Total.
stamped
Certificates
Domestic
611,000
2AA-*———
,
Texas
Bonds (Par Value)
Government
Holiday ■
$481,000
-
—
(Hugo)
Corp—
7-4s ^d———
3d
:/■
574,000
1
Saturday
Monday
Tuesday.
Thursday——.——
Friday
Stinnes
7-4s
.
Foreign
Shares)
103% 106%
96
May 1948
May 1948
Conv
Debenture
60
52
.
of
Week Ended June 5,1942
Wednesday
(stamped)
6s stamped
6s
11
55%
$104 3/4 106%
—1970
2022
5s
Electric—
&
F-A
.
(Number
98% 102
*99% 101
J-J
1951
1st
S.
Government—.
.A
v
-
$121,300
$236,000
$4,580,400
$9,029,000 '
2,237,000
&
industrial
Total——
...
3,471,000
65,019,500
72,413,000
30,589,700
23,464,000
935,384,500
891,744,000
$27,171,000 $1,004,984,400
$973,186,000
$32,948.,000
itHN COMMERCIAt 'S FINANCIAL CllRONIC£,E
Volume 155"' Number 4079
0 2171
OTHER STOCK EXCHANGES
Week's
Friday
Baltimore Stock
Exchange
;:r
Last
of Prices
May 30 to June 5, both inclusive, compiled from official sales lists
Week's
Friday"
Bastian
■""■;■ Last -:/•
V,£
.■Arundel
1st
Transit
preferred
Shares
Low
com
50c
High,
t
688;
4%
4
,
96c
Borg
Warner
Brach
Gas
Electric
Light
44%
4©%
Power—*
&
-—1
Chemical
•Eastern
9%
Sugars Assoc common v t c—1
common
;
Mar
5% Jan
52 %
Bruce
115
Jan
Butler
103
Ja&
Mar
15%
•
Finance
Co
Houston
of America
Oil
Monoii
W
P
P
Amsterdam
Penna
Water
■'
■•
Jan
Seaboard
Trust
Commercial
7J !
73
2.10
39
,
'
series A x w.l—:—50
25%
25%
Fidelity "is- Guar-i^_!i;-!ii.!i.!!-i-2
IT S
23%
23
23%
•'
cumul
Bonds—
Baltimore
A
Transit
1975
53%
Castle
73
.
Co
(A
lien
——1975
61%
63
42
5,700
51
5%
M)
Apr
Mar
V 25%
-Chain
South
Belt
Serv
$6
West
57
Jan
'
•
„
•:
American
•. -
-V V.v';:>'
.»
Tel
Son
&
Boston
&
Boston
Edison
>
65
May
15
Y
75
27%
50%
50%
*
Co.common—
7 'if
y
V t
16
_
226
75%
91
1,177
19%
Apr
24%
799
42%
Jan
58V4
Jun
11%
11%..
10% Mar
14%
Jan
*
•1
.
pfd stamped. "
&
East
:
60c
100
1%
.
•
.
'
+
40
,
Jan
"
8%
5% Jan
362
32
60c
1%
48
1 %
286
1%
Apr
3
Fox
55
11%
11%
59%
62%
2%
21%
,
5
1 %
6
1% Jun
1%
1% May
2%
6%
6%
9
8%
50
10
5%
Range ■—.^.i—.
Co-*——
»;„■
——.
1
.
5%
15
70
190
1
90c
.
"
■
5%
5
■■'
— -.
^
Gas & Fuel
200
i:
•
•;
prior preferred
preferred
4%'£
6%
45
•
47%
21%
47%
100
—
Drive
Massachusetts Street
Mfg Co
Apr
Jun
Jan
10
7
10c
Jan
•
Jan
1
Jun
<C
Apr
50%
18% May
30
32%
Eastern
Gilchrist
Gillette
Co
—
1%
Jan
2
Jan
91
Feb
ld%
iO */8
20
12
Jan
19%
3%
%
3'/4
15
.2%
Jan
7
....
3%
*
3%
/
-
3
105
3%
Herders
0
Service
National
Association
Cos—
England Tel &
New
—
Tel
Inc
3Va
Jan
3%
1%
Apr
2
Old Colony
RR
Feb
4
Jan
20
1%
2%
Pennsylvania RR —.
Reece Folding' Machine
;__•
Shawmut
Association
May
13
Jun
Torrington
i.
(The)——_
Co
Twist Drill Co.
•Union
——
Co——I
Fruit
United
100
4%
88%
4
■
May
10
445
17
•
32
29c
■
'
32
cumulative
6%
Metal
19%
29c
May..
sa
-
101%
preferred—•
—,
li
System ——
64C
12c
Jun
50c
18
Feb
21%
19
683
1%
180
8
■
24%
Jan
1%
7
5
3%
1%
Jan
May
23%
24%
440
22
28%
28%
46
28
May
49
53%
922
49
58
739
50% Mar
41%
42
40
37% May
28c
2,000
99
Bonds—
25
42
1
U
27c
<
27c
1
■
•-
Apr
20c
28
Jan
50
4%s
Jan
Jan
72%
%
30
30%
30%
$9,000
%
Jan
Co
43%
46c
.,
Feb
:
7%
102
102%
.•••'1';
A
-
■
--
' ;
Jan
3%
3%
200
Steel
Co
V : Range ?y
of Prices
y
Low
Par
200
22
3%
500
30%
6%
(J D) Mfg common—
___*
Aetna Ball Bearing common—
1
Allis-Chalmers Mfg Co——*
'American Public Service preferred—100
American Tel & Tel Co capital——100
vAdams
42%
—
9
«(.
30% Jun
Apr
102
5,000
42%
t
common
Armour &
Aro
Co common
r_
5
Aviation
Co common—____.l
Corp (Delaware)—„—.—.3
104% Jan
Jan
Jun
8
150
4
220
14
14
5
400
4
37%
;
•
63/4
Jan
6%
Apr
33/4
Apr
Jan
8%
,
Mar
15
Jan
19
Apr
4% Mar
Jan
14
*
50
1%
1%
5%
36%
38'/a
Feb
Feb
Apr
40%
Jan
29%
3,000
3%
Jan
38 %
Jun
3%
Apr
105
37%
3%
3%
16 Vb
7%
11
10%
4
3% Mar
205
7%
11 %
Jan
17
200
17
.7% Mar
9
220
11
83/4
Jun
5%
6Va
650
5%
HVa
11%
30
11%
29
29
X8%
13
100
8%
450
13
n
u
1%
550
c
5%
A
1
350
5%
Jun
8Va
Jan
Apr
Z
.
June
:-■: 29
Feb
.
Apr
10%
Jan
Apr
13
300
1%
Feb
•
.11'
27% Mar
450
9%
Jun
»/4
12 V2
Apr.
1
9%
Feb
1%
5%
24%
95
17
15%
Apr
100
28%
13% May
1 % May
350
5%
143/8
Feb
Apr
1%
Apr
Apr
1%
Jan
/;■•>' 8
18%
18%
18%
350
18%
*
11
10%
11%
320
10%
55%
55%
43%
46
Jan
1
•25
5% May
5%
*
Mar
'
Jun
16%
Apr
Feb
46
100
*
33
51%
Apr
647
40%
Apr.
155% 155%
_
*
10
155%
12%
50
12%
12%
6 %
o
U
74
y;
Jan
51%
„Jan
Jun
12%
.
Feb
155%
Jun
Jun
--
,Y
,
.
80
90
9
common
common
i
•
50-
11
23%
10
Jan
9
Jan
9%
Jan
Apr
30%
Feb
72%
72%
115% 117%
2%
:
2%
2%''
6%
2%'
6%
20
590"
1,100
700
'%
%
150
2%
2%
350
70
May
102%
Apr
2% May
6% Apr
%
Jun
2% May
133%
Jan
50
70
Mar
%
100
4
4%
700
*
8%
8%
8%
30
8
*
10%
10%
10%
50
9%
%
*
50
2
9%
2
9%
„
.
93/4
3/4
8
Feb
1%
Jan
4%
Jan
,
.
95%
Jan
%
Feb
Feb
8%
5%
Jan
Apr
1%
110
Feb
Jan
3% Mar
11%
Jan
Feb
10% May
2i/4 Mar
Apr
Apr
12V2
Jan
26
Jan
183/4
50
24%
100
3%
3Va
3
3
1,350
2% May
4%
4%
4%
750
3% Mar
4% May
7%
7%
100
6%
Apr
7%
400
6%
Co
2
common
capital
common
Y
17% May
24% Jun
28% Mar
'
3
,
4%
'
'
7%
7%
2%
100
21
30%
29%
31%
4%
43/8
Apr
14
Jan
22
Apr
31% Jun
200
'
21%
15%
19%
50
10%
10%
200
50
50
19%
5
_*
100
100
7%
900
Feb
27%
Jan
Apr
23%
Jan
11%
Feb
43
56
Jan
May
6% May
30
1%
4%
Apr
10% May
10
73/4
Apr
Feb
4
100
22
22
10
Jan
Jan
23%
1,550
4%
Si.
14
20% May
100
21
—
Mar
4
Jan
9%
Jan
1% May
%
Jan
50
12%
Jun
14
21
610
19%
Jan
24
Feb
37%
38
281
36
Apr
47
Jan
22%
22%
60
21
Jan
22%
Jun
1%
.5
Perfect Circle
&
Co
(The)
class
Corp
(The)
common..
common
Steel
common.——
Strap
Lathe
Bend
Colo
Power
preferred
capital
Works
class
A
Oil
of
Indiana
&
Co
(A)
Apr
4%
Feb
5%
Jun
8%
Jan
2
Jan
3
56
Apr
70
3%
25
'Stewart
Warner
capital
common.—
Sundstrand
'Swift
Swift
&
Co
Corp
Machine
common
Tool
*
X61%
62%
30
1%
1%
1%
100
*
*
15%
15%
15%
400
14%
Jan
17%
52%
55
803
43% May
57%
43/8
1
30
5
43/8
4
May
capital
;'
'
30
Jun
33Va
Apr
%
Jun
1/4
Jun
:
67%
80
Jun
93%
Feb
!
Apr
41/4
Jan
—2
25
21%
22%
422
*
8%
8%
50
25
15
Feb
Jan
Feeb
5
24%
%
6
j;
27% Mar
60
3
6%
;
Jan
200
63
5
2%
Jan
350
293/4
25
"
1% Mar
•
%
29
24%
24%
100
*
common—5
Capital—
International
Feb
62%
'
Stein
2
common—.*
Light & Power pfd
Spiegel Inc common
Standard
Feb
50c
common—
Sangamo Elec Co common—
Sears Roebuck & Co capital
Corp B
*
;
100
5%
2
—
4
5%
1
„
100,
4
*
Car
Oats Co
:
*
Co..
B
Steel
Quaker
38
12%
3
80
63
2%
20
8%
Apr
Apr
Jan
4
80
Feb
8
40%
12%
Southwestern
Jan
83
Mar
Xl9%
-South
11% Mar
22%
Mar
27
10
South
10% Mar
7
40
18%
preferred
Signode
48%
800
24%
North West Util prior lien pfd
Serrick
High
7%
35%
5
7
100
*
common—*
Mfg common
Indus
4
Jan
preferred—*
$2
prior lien
Bancorp
7% Mar
3%
79
1
Standard
5% May
7%
80
capital
&
250
150
1
Co common
Corp
G%
3%
35%
7%
*
50
*
common
Raytheon Mfg Co common
------ LOW
42% Jun
6%
3%
1
RR capital
50
Peoples Gas Light & Coke capital—100
<
*
Mfg
For footnotes see page 2176.
29%
-••3%
28% May
50
6%
15
Pennsylvania
Range Since January 1
Shares
42%
11
Equipment Co common.———— 1
Asbestos
3% May
Apr
Jan
2%
30
8
1
c.
'Penn Electric Switch class A
Feb
for Week
High
23%
.
,
30%
15
■
25
common—
12% Mar
Eeb
3
23%
3%
"
Acme
•
3%
x23 %
100
s
common
West
1%
Sales
Week's
Sale Price
STOCKS—
Jan
*
Mfrs See
&
Northwest
"
Jan
'
Last
■
Tool
common^
capital
Univ
Noblitt-Sparks
Jan
-
\
24%
■:r% 9%
Jan
1
Peabody Coal Co common
Friday
'
Feb
Mar
y
Jun
100
Field
National
May 30 to June 5, both inclusive, compiled from official sales lists
•
19
10
National Pressure Cooker common
Feb
105
';
Chicago Stock Exchange
1
500
36
Apr
5
common.
Process
I-■
23%
Jun
2%
Jan
9 %
*
preferred.
Pressed
■
32
*
capital
Montgomery Ward
Jan
Poor
■
"
50
8%
Jun
■
i—-—1948
A—__—
Jan
50
85
10
common
Mfg Co v t
Ext
Modine
Jan
58
y
6% Mar
■%
4%%
series
9
Feb
1%
Apr
200
—5
Midland United conv preferred A—*
Midland Util 7 % prior lien
100
Middle
6%
98% May
60
6%
series A—_____1970
Eastern Mass Street Ry— ;;
mtge
6%
Jan
1%
:
8%
*
common
Switchboard
Class
Apr
Boston & Maine RR—
Inc
50
2%
35%
*
Harvester
B)
Merchants
35% Mar
:
Jan'
7%
99
•
v;-.
RR
(Glenn L)
Martin
Jan
5%
Jun
56%
10
"
Apr
5
(W
Marshall
Jan
Jan
40
t
Feb
14%
4%
—
Brothers^—i
Warren
v
9-
;
Jan
104%
10%
*
common
Pneumatic
Drug Co
LaSalle
Jan
Jan
4%
100
Vermont & Mass Ry Co
Waldorf
10
"
8V2
*
common
Libby McNeill & Libby common
.'Lincoln Printing $3% preferred
Lion Oil Refining Co capital
Loudon Packing common
Jan
May
_*
58
Jan
Jan
..<;5c; Jan
73
1%
52%
.i
5
.
26
8
8
*
Tunnel
&
1%
86% May
l3/4 Apr
12%
10%
10
common—.
common..
Kentucky Util jr cumulative pfd
"
Utah
Jan
30
28%
capital
cumulative
Kellogg
Feb
15%
12c
15
-19%
10
-*
25
United Shoe Machine Corp.-
14
1
6preferred
Apr
25c
721
36c
12c
•:,■
80
Feb
18
May
lc
2c
87%
12c
150
19c
-
.*
Web3ter
&
Stone
no
2c
29c
50
:
13
88%
i*
—
Co
Steel Co
Jarvis
;Katz
Apr
4%
Jan
3
55
,
2:
i
100'
.
common......
(Geo A)
Iron Fireman
Jun
3%
3
4
1
2.50
Pacific Mills Co———
Apr
9Vi May
May
7% May
'
Apr
195
171
2
19c
-1
RR—100
North Butte Mining
10%
1
common—
International
Jan
610
2
13
--
100
New York New Haven & Hart
Jan
115
170
5
Corp
(H W)
Central
7%
2
*>%
3
1,.
.
3
——100
Mass Utilities Associates——
Narragansett Racing
193/a
.22%
23%
common
Brick
Inland
Feb
4
Apr
'
—
Apr
10
Indianapolis Pwr & Lt
Jun
3%
*%
2
"
_•_
Corp (Del) common--,.—,.—5
common—.
:
100
preferred
Jan
'
Central
5%
4%
15%
2%
6%
com
common
Motors Corp
Safety Razor
•.Independent
Feb
4%
7
4% Mar
950
Co
Foods
Illinois
Jan
81%
*
*
Safety Razor Co
Bakeries class A
Hathaway
Maine
5
20
~
International Button Hole Mach Co__10
Lamson
1%
6%
id
common————*
SS
Y,;
Feb
35%
*
Houdaille-Hershey class B
Hubbell Harvey Inc common.;
Hupp Motor Car common
Jan
82%
1%
9
Feb
1
3/4
10
Hormel & Co
Feb
41
82
100
100
10ft
preferred
6'/f
preferred B
5% preferred adjustment—-
;
89
87
Jan
6%
V;'
Jan
233/4
Apr
1
rHall Printing Co common
Heileman Brewing capital—
Apr
5%
QJan
Denver
Gossard Co
Jan
84
Jun
3%
185
21%
1%
100
1st
9%
1%
5
common
Finance
Gillette
Ry—
Common
Jan
37
17% Apr
4% May
15
Corp
Auto
Brewing
Illinois
East
30
*
Goodyear Tire & Rubber
•»>•
Associates—
100
Jun
3Ve
<
common
common.....
General
-
Eastern
11%
9%
87
*
—
Utensil
General
RR—
72
Jun
629/a
Jun
70
16"
11%
9%
Jun
113/4
Jan
50
16
16
iO
Preferred
Jan
70
Morse
General
Apr
100
9
70
55
:•'■:
Feb
Jan
50
6%
33
Apr
May
2%
490
1
Jan
8%
3,200
5
!
Jan
1%
45
40
4%
I
18%
47
950
^..lOO"
Gardner
Jan
1%
5%
■
1,121
2%
Feb
Y V: Y
Jun
28
805
)
6%
/V
% May
16
50
11%
61%
.1
common.
common—
(Peter)
Fuller
Feb
2%
May
1%
1%
9
Mfg
Fitz Simons & Con Dk & Dr
Jan
1%
_—
—
100
16%
55
*
& Cohn common
Four-Wheel
% Mar
Jun
1%
0
.
Vtf Apr
Feb
"
6%
60c
1%
100
————
Boston
5%
.6%
100
5
Passumpsic River
Copper
100
100
& Hecla
Preferred
—
100
pfd
________
Boston Personal Prop Trust——.;
■Conn
•
—
class
Calumet
Fairbanks
Jan
58%
■
5,550
70
,
J
{
Feb
23%
100;
Apr
4% May
100
25
Household
Electric
Jan
r:
50
_
30
50
common—
Elgin National Watch Co_
Eversharp Inc common
9% Mar
84
10%
1st
103
Jan
22%
class B
D
Apr
57%
8'//
Stamped
:■•
82%
...
1st
•
58%
57t
.
y.
7%
94
t
350
1
j
41%
90
5%
!
—
Co
1
Jan
•
Jan
'
Jan
23%.
RR—;
Maine
&
134%
25
—
&
Jan
30
sh v t c class B__
Rubber
Feb
43
6,050
_*
common
(Alf)
18
100
Jun
1
Corp
Steel
-Preferred
Jun
May
1
25
common
preferred part shares..
c
15
27%
*
Edison
Oil
Common pt
High
.
100
—
prior preferred
•„
preferred
i—
class A 1st pfd stamped
6%
,
7%
20
,
8
.
Apr
52%
21%
Deere
—i—!—
Albany RR_—j——_
Herald-Traveler
Boston
;
100
99;
Y
«
Low
Feb
20% Feb
71
•1
Range Since January 1
;'"■
Jan
Jan
6%
;V
100
,
1
— -
Dodge Mfg Corp common
.101%
;
Jan
/rf
5%
*
Util- com—50c
Diamond T Motor Car
2,914
V
Jan
Mar
170
■
20%
Decker
High
1%
13
150
15%
21%
Sales
114% 119
Jan
10%
Jan
19%
30
Commonwealth
May
—
Elevated
Boston
119'
—100
100
»Lba».
1
Para
'
Inc.————
Boston
-
V->'■
-
Carpet '6%; pfd.
Blgelow-Sanford
Bird
'
Tel.
&
13%
Jan
5%
266
30
Dayton
Shares
Jan
23% Mar
,
% Mar
7%
10
20%
30
for Week
of Prices
Sale Price
200
5%
30
May $0; to Fune 5, both inclusive, .compiled from officialsaleslists
STOCKS-
May
1
700
;
50
55
'
Week's
1%
9%
12
Chicago Flexible Shaft common.——5
Chicago Yellow Cab capital——■<*!,
Chrysler Corp common
.5
Cities Service Co common
.1
10
Coleman Lamp & Stove common.™_* T
Feb
•
pfd
pfd
conv
.-
Exchange
v;' 'Range
Jun
74
Chicago Corp common.
Convertible preferred
Crane Co
-
Jan
9%
15%
.Cudahy ^Packing common—,—^
__30
7% cumulative preferred
.100
Curtis Lighting Inc common..2%
Last ;
19%
50
30
*
-t-rr-
Friday
500
9%
20
common..______ 10
&
Continental
Boston Stock
23%
5?/*
30
— ■—
Central
Jun
130
Jan
;
11
1%
preferred
___
Secur
? Jun
7%
21 % May
&
Prior
Preferred
Pub
Jan
45%
25% Jun
67,500
55
flat—
4s
flat——
5s
pfd
Consumers Co-^-
Co
Jan
Jan
200
12
10
Illinois
:'iy-.:;'yyr
-
Jun
6%
9%
,,
—
convertible
Consolidated
■
4%
39%
11%
9%
Brothers
Illinois
Jan
19
Feb
719
;•
Jan
3% Mar
28% May
3% May
1,300
15%
22%
■
.
5
Central
Mar
2.65
Mar
15
25%
4
Feb
11%
—5
common—
Jan
28,
June
6% Mar
°"vl5"
"
5'! preferred
.
70%
3%
preferred.—
(EL)
Central
"
12-
3%
capital—
Jan
245
Jun
"i6%,Mai$i:
25
■
common——10
9% Jan
22%
23% May
v
,830
.
45%
.45
loo
Inc..
210
.2-
.
"
Real Estate
Apr
'81
: ;
■
Jun
i 19%
;'<i9:-
i
■:
2!0
17% ••18
com.-—;.———*.
Power
\
24%: 24%
i,
18
8%
29o;
;;
210
2.10
—:—2
20j/4
t»,
210
.50
common!ill00
—_
20
.
Feb
356'
";8'%v^9:r-
,
preferred—___25
Mills
Casualty
&
100
——__■
7fi
S
Mt Vernon-Woodb
tfew
com...5
class A
preferred——
Mercantile Trust Co
.'
A
Co
5%
Jan
31
8% May
24%
75
15
30%
13%
".11% Feb
9% Mar
;
27% ,28%
XO
Fidelity is Guar Fire Corp—11
375
4%
JBrown Fence & Wire common——1
Jan
-
96% Mar
200
O'si 35
9
:
107
--■•!vio:
i9%
9
40
,
30
.
100
100
4% preferred
Davison
60
103 % 109%
if 4%# preferred B_^-4-s!J—i;;—vl00
V*
44%
common..
(E J)
50
'
' Jan
Class
Consol
Corp
Sons
High
150
29%
comm6ni____^_5
Inc
'V-Low Yv
14%
30%
1;
Range Since January 1
High
4%
*
_5
Corp
Laughlin
&
;
common
Shares
14%
14%
common—.5
Corp—_ y
Brewing
&;
Jan
Co
Aviation
Bliss
5'; * 17% Jan
Jan
<
Radio
Berghoff
<
13% Apr
386
53c
4
t c————100
v
Low
14 Vi
.
50c
c—._*
t
v
Bendix
Range Since January 1
High
•14 Va
_.*.■
Co
Blessing
Belmont
for Week
of Prices
Par
Corp—...—
•
Baltimore
Range
Sale Price
STOCKS
LOW
Sales
Sales
for Week
Range
Sale Price
STOCKS-
6%
175
5
Mar
Apr
27
8%
:
Jan
Jun
61/4 May
14%
12%
14%
1,100
12% May
19
Jan
23
22%
23
1,000
20%
25
Jan
241/4
Jan
—
22%
22%
160
Apr
19% Mar
\
Monday, June 8, 1942
THE COMMERCIAL & FINANCIAL CHRONICLE
2172
OTHER STOCK EXCHANGES
Sales
Week's
Friday
for Week
Last
V'";. ■<; y
.r. v..:,.;
'
;
y
Texas
.
(J R)
Thompson
■■■' •
,
—
common
_
_
Low
High
33%
2
135
30%
Apr
39
46
5%
Jun
6
Watling, Lerciien £t Co.
Feb
5%
33
25
Range Since January I
High
?
■
capital
Corp
Low
Par
•;.■■■. " ■.V.V'i-
.
Shares
of Prices
Sale Price
STOCKS—
Jan
5%
Members
U
S
Co
Gypsum
United
U
7%
64%
127
46%
46%
50
capital. —.5
10 %
10%
200
..
St.
common
Westinghouse Electric &
Wisconsin Bank
""v
Inc
Radio
Corp
>> <
.
Jan
18Va
15% May
.
4
23 %
Jan
63%
Apr
81%
4%
| 3%
48 Va
y-A?
13
Telephone: Randolph 5530
150
13
2%
135
40
4 # Jan
Jan
62%
v/-v.
Jan
13
Apr
8% Mar
1,635
Jan
Jan
5
4% Mar
500
3%
48%
••••
-
■.
DETROIT
Building
26 V2 May
45
282
,
11%
v
—
Ford
Jan
16%
70%
4%
'-i-v.
*
Associate
Chicago Stock Exchange
Detroit Stock Exchange
1% Mar
25%
0
common
119%
Jan
New York Curb
Exchange
Jan
70 V»
7';
New York Stock
Jan
16%
2
Co capital——
Wrigley <Wm Jr)
11%
55%
25%
V
_
common
1%
Jan
47% Mar
Apr
44% May
107% May
200
1%
74%
Apr
May
7%
264
1%
44%
-
—
common. _100
Mfg corn- -50
shares common
Woodall Industries
47%
108% 110 %
58%
41
-•
408
1%
1
common—..
Western Union Telegraph
47
110%
100
preferred
Products common
Co
Walgreen
Zenith
62"%
..
.
Transp
cumulative
Radio
Utah
•
20
capital
common
Lines
Air
Steel
S
Carbon
Carbide &
Union
Jun
Detroit Stock
Exchange
May 3U to June 5, both inclusive, compiled from official sales lists
Unlisted Stocks—
American Radiator & St San com
Anaconda
Atchison
4%
23%
,100'
Topeka & Santa Fe com.
34.
Bethlehem Steel Corp common-
4%
24
34%
367
58'
52%'
51 y«
—
' 50
Last
STOCKS—
39% Mar
'
6%
1
Curtiss-Wright
6%
6
9
5% May
300
Alleii, Electric common..—
Droh Forge common
Jan
Auto
City Brewers
Baldwin
General
25%
26%
Co.—
Electric
26%
21% Apr-,. .28% Jan
750
Rubber
*
-
5%
,
7% Jan
5% May
25
5%
Continental
(Glenn L)
Martin
1
common
18%
18%
Jan
26
17% May
25
Paper
Detroit
&
Edison
I
.
10
.
—i;
325
10c
'
1%
4
7%
May
Jun
Feb
4
Apr
15%
Jan
100
1%
Jan
125
11 %
3%;
212
1%
1%
17%
18% Mar
V
1%
2,576
78c
3%
Jan
15
Feb
14'4 Mar
May,
2% May
90Q
16%
Feb
10c
3
120
1%
Feb
Feb
11% 4
3%
4—'
:S Juhv
6
5c
100
18
■;
11%
'
:v
1,100
3Va
High
1
100
6%
i%j
"
—
-3%
;
common.-10'
Nav
18
——
—
Range Since January 1
Low
1
3 Va
—
——
_.
..
com
Cleveland
—
>■*
common
common
Motors
Detroit
—
I
common
8c
8c
...:-i
_
common
McLaren
Consolidated
_
shares
High
•
6%
.5
common
Briggs Manufacturing
Brown,
.Interlake Iron Corp common—
Low
1
Atlas
for Week
Range
of Prices
Sale Price
Par
Jan
67
May
Sales
Week's
Friday
4% Jan
28% Jan
3% Apr
22% May
27% Jan
850
344
32%
4%
.*
—50 ,.C
Mining
Copper
Apr
Jan
1% Mar
'
Nash-Kelvinatdr
New
*
<
Corp..
t
(The)
Radio Corp of
common
830
6% May
Vacuum
11% Apr
15% Feb
Frankenmuth
21% Apr
<7,/'8 APr
26% Feb
10'/s Jan
1,370
528
2% Jan
14%
13% May
3% Jan
19
Jan
Hurd
-290
610
il
4%
4%
4%
340
3%
3
17%
2
5
__
—-
—
11%
250
*1%
2%
140
1%
Jan
4
1 %
1 Va
500
1%
36%
1
com
37%
10
common
37%
2,098
30%
1
600
2
2
2
1
60c
60c
60c
200'
1
54c
40c
54c
4,500:
Valley
Lock
Kingston
Kinsel
Brewing
&
Products
1
common
'
1
1%
11%
-
—
-
13% Mar
LaSaile
-
18% May
10% May
-p* -—
11%
150
Wines
common
2
...
19 Va
—
19%
248
13'A Jan
Screw
Masco
common
2%
Hone
Products
1
Week's
Friday
Wheel
Murray
«
Shares
C
,
20.%
Cola
98
Sheller
Foundation
Gibson
0
19v
Jan
22
14%
Apr
16%
Prod
Hi
common
10
97
Mar
98
Jun
2
Jan
77
750
40
6%
6%
70
5'k
P & G
70
WurUtzer preferred
Radiator
S
U
Co
10%
100
5%:
v
Aircraft
Wayne Screw Prod common
Jan
8
Wolverine Tube
Feb
70
6% May
7%
Timken
6% May
8%
96c
9,910
21
May
48
t
Feb
21
8
5%
Jan
9
Apr
Feb
45
17
26%
25
26%
540
22%
46%
44%
46%
1,001
42%
114
114
89
89
10
9%
....
200
2
May
2% Mai-
100
2%
Jan
2% Mar
200
1%
Jan
114
90
37%
12
50
9 %
Jan
88
1%
Feb
36%
37%
35%
Week's
Aircraft
of Prices
Sale Price
Low
Par
Cleveland
1%
258
37%
Jan
30
,
40 4;
Cliffs
Ry
Corp
Electric
111
Diamond
5
common...
75C
Jan
47C
Jan
100
1%
1%
3%
3%
6%
—i
*t
General T & R Co...
Halle
Bros
Co
....
Island Lime
Lamson &
National
Prior
Range Since January
Shares
5
66
6Va
35
7%
8% Jan
58
77
Jan
110%
26 Va
30
47
Jun
53
13%
10
11%
Jan
13%
10
,
I
Corp.
preferred
Reliance
5
;
Upson-Walton
Jan
14 Va
10% May
Dorn
8
11%
8
Feb
11%
Jan
Menasco
Mar
Oceanic
-
35
Jtln
40
Jan
Pacific
175
9
Feb
12
Jan
Pacific
10%
30
50
502
37
5
Drug
*
4% May
8%
100
7
Works.
St
Stores
Youngstown Sheet & Tube
7%
219
28% a28%
50
8%
8%
7%
.
St
_
a
..
7
.
6
35%
Jan
Apr
Jan
4;
Feb
a 15%
15%
General
60
New York
Oil
U
S
Steel
common
Central RR
5%
common.
100
55
a6%
a6%
60
a 13%
a45% a47%
common—
For footnotes see page
5%
a7t%
al3%
common
a
a67/«
common——
common—
Republic Steel
Aircraft
,'V
Mar
8% Mar
35%
Jan
2176'.
54
46
27%
Jan
Jun
7%
Jan
7'A May
9%
Feb
5%
6% Mar
15%
Apr
19
12
Jun
12%
a 59%
62%
120
46%
Jan
17%
546
5
4%
,*
4
4
May
17%
700
3
3
4% May
300
242
17%
Feb
100
5%
420
4%
15c
5%
345
Apr
2.45 Mar
64
53%
53%
340
30
a38
10
y
*
340
v
'
Feb
May
Jun
58
6
5%
20
3%
64
6%
20c
385
Jan
Jan
Apr
May
Jan
Jan
Mar
Jan
Feb
Jan
Feb
Jan
r< 16%
—
v;
•
.
V'.'
;
'
Safeway
Shell
.Jan
52 %c
Feb
50c
Jan
1%
Apr
18c
Marl
24
Jan
174.;?,
45c
400
:1.05
600
1,000
28c
15
6
% May
Apr
40c
Apr
1.00 May
27c
6%
35c
Jan
23
Jan
7
Jan
46c
Feb
1.90 Jan
Apr
40c
Jan
Jan
Apr
438
16
Apr
25% Mar
19%
Jan
200
23
100
21% Mar
23%
Feb
25%
26
270
22%
Apr
30%
Jan
36
26
15
18
27%
36
36
Apr
6%
V.-8;'4
2
"3%
3%
13
112
•
27%
Feb
37%
Jan
6%
431
6%
Apr
8%
Jan
8
100
6% Mar
8%
Jan
3
May
5%
Feb
10% May
14%
Jan
24
Jan
.
30
3%
1,200
34%
90
)
a34%
Stores Inc——v.,—
Union
Oil
Aircraft
•
.15^
Corp
Co
*
——.1
California Edison Co Ltd—25
preferred B
5%% preferred class C
..—25
25
6%
pfd A—25
6%
Southern
Calif
6% Mar
Southern
Pacific
Co
Feb
Standard
Oil
of
17
16 % May
45c
23
*
_
Ryan Aeronautical Co——w——1'
4
35% May
17%
preferred-50
Markets—
Jan
May
27%
__.___.25
com!
425
1.05
13
25
Corp
i-
1,525
-
6
45c
45c
f
Corp com
10
Electric common.—25
preferred
Public
.
16%
28C
Republic Petroleum 5%%
600
Feb
17
30
20c
15%
6
64
1
Corp
£2
■..y
20c
1
_i
Finance
Oil
32
■
31%
11%
4: 77
703
49c
48c
a
r
18%'
t
*
.———,.1
is
16%
al6 V\
18
178 U
38
a36%
48c
I.
1
'
i
—
18%
Co..
Gas &
1st
Southern
22% May
12% May
Jun
8%
10
—t
Mfg Co
Oil
Roberts
5% Jan
11
50
Electric
-
Richfield
29% Jan
Unlisted-
Interlake Iron
'
-
preferred
Pacific Lighting
Solar
a25% a26 Vi
Jan
17
3,000
common
Signal Oil & Gas Co class A
Firestone Tire & Rubber common.
10
9% May
Apr
11
Jan
150
4% 4 5:-:
50
231
33
5%
Feb
Jan
8% Jan
12%
10c
5%
Feb
43
Mar
10
23% Mars
2
18%
10c
Oil Co.
Mascot
Feb
Jan
238
39
2.70
17
^1
Corp.;
9
25
High'
1.85 Jan
129
Co.—
Jun
10
5% Apr
Jan
8%
Angeles Investment Co__——
8
25
250
417
6%
6%
2.20 May
1 % May
10 %
common.
Lockheed
Jun
25
3% Jun
A
..7
,
17
107
525
2%
2.40
1.50
Bank—100
Nat
Corp
Oil Co
'
16%
3%
Low y
750
8%
*
.4
Corp.....
Lincoln: 'Petrtleum
Mar
*
Iron
Weinberger
Ohio
;i
Jan
Los
70
Range Since January 1
10%
—s.1
Holly Development Co
Hupp Motor Car Corp.
•
10
39
10%
4%
———
— -—
Jan
Sales
Shares
1.60
4 ■': %
:i
Merchants
Motors
35%
.
3%
3%
St
Bros
Apr
6%
Jun
High
al2%
18%
__j_—
class A common...
General
Feb
8%
a
Products
&
6%
*
6 c/o
Electric
3%
Jan
Jan
for Week
Range
1% 1.30
"6%
Corp.——
of' America—i-;
Farmers
44% May
Jan
47
35
«
St
1%
Jan
*
Steel
Hancock
616
8
8
«
Sessions.
Jan
4
_5
Goodyear Tire & Rubber Co
11
a9% alO
f
—_
1%
2%
2%
.1
74% Mar
May
107% May
1,927
2%
•
100
Co—
10% May
44%
al6%
__
& Tr_
Jan
200
■■
High
Low
Refining—
Richman
Van
...
Apr
75c
Apr
100
Week's
1.50
.—2
Corp
Oil
Exeter Oil Co
13%
*
common
88c
1%
400
of Prices
Loio
...1
——
Corp.—
Electrical
10%
10%
—"
—25
Rubber
Interlake Steamship
Kelly
4
Feb
inclusive, compiled from official sales lists
.50c
Packing Corp common
Invest
Aircraft
Creameries
:
47
s
<■ •
.
_
-
6%
Sale Price
Preferred
Sales
30
107% 108
....
_
Jan
1.00
Angeles Stock Exchange
Corp
Consolidated
44
Rubber..
Goodyear Tire &
551s-
55%
55%
«
...
Controller
Faultless
6%
a9% alO
*
3
400
Broadway Department Store Inc
...*
Byron Jackson Co
i.—i.*
.43 Va. Jan
32 Va Mar
Petroleum
Blue
Jan
Jun
'
High
6%
.
<=
Electric
Cleveland
•
5
_
preferred
$4.50 pfd
Apr
Apr
2%
600
2%
1,000
2
Inc..:
Accessories
Bandini
Feb
for Week
Last
Iron
60c
2
.
Douglas: Aircraft Co—
Cliffs*
Jun
88C
STOCKS—
Jan
10%
9% May
165
1%
35%
Friday
Cleveland
Apr
50c
73c
Last
May
May 30' to June 5, both' inclusive, compiled from official sales lists
Body
65c
2
Friday
Consolidated
&
,
50c
70c
Jun
Cleveland Stock Exchange
Coach
1% Mar
600,;■:*
100
79c
„
88c
Jan
Chrysler
American
Jan
Jun
.1%
2%
2%
3%
Los
Cessna
City Ice & Fuel
Jan
95c
Mar
Jan
52
Jan
85
11
29%
Jun
114
8
9%
1%
1%
*
STOCKS—
56c
Jan
Apr
Central
•
2%
27
Apr
2%
50c
■.
common
Mar
4
•
California
4
5%
,
Jan
2%
75c
...
common
Jun
10
250
45
20
8
10
—
Bearing
Apr
Jan
Jan
9%
Motors—
Roller
2
19%
Apr
12
Apr
65
City Ice & Fuel——
General
■
500
Feb
8
Jun
220
45
*
350
675
2%
Jan
5%
Jun
$
...
Warner
6%
25
Gas—
8
,_.i
class B.
Feb
Unlisted'—
Columbia
Jan
4% May
6% Jan
24
Jan
Jun
6Va
10%
1 4%
Jan
2% May
1% Jan
125
50c
Cooler B
&
Jan
7%
100
Rolling Mill
23C
Jan
100
79c
Par
American
72c
1%
Mar
875
4--1
common
Universal
86
6%
100
—
Feb
1%
1%
I
119
6%
*
...
1%
7
—I
Brewing common
Distillery common
Jun
Jun
5%
10
70
*
preferred
Jan
2% May
2%
I
Udylite common
3% Mar
6%
12
Gamble—
&
Apr
2%
2%
Hi
common
Mar
70
114%
625
7%
70
20
———————
Procter
Jan
16c
8%
73c
96c
May 30 to June 5, both
Kroger
1%
60c
21%
Jan
4%
23%
——
*
common—
Manufacturing
Moore
Tom
Apr
Feb
270
2%
76
preferred—100
prior preferred———
Tivoli
Jan
5
Jun
4
22
114% 115
76%
———;
—
Feb
Feb
8
2
2%
■
Standard Tube B common,
6%
Investment
Feb
1%
200
5%
10
a.
common
Walker
—-.—.——10
—.
Art
Hatfield
High
■
71
s
98
2%
-_i5
Crosley Corp,
Eagle-Picher
14%
100
20%
14%
P
Cincinnati
Feb
65c
1%
3,290
75c
10%
——
0
Davis
Raisin Paper
River
Range Since January 1
Low
4
20
*
Gas &
N O & T
Coca
4
El preferred
-100
preferred—.
100
Street ———50
class A—..
——*
Cincinnati
Feb
80C
7
8%
__1
common.
Corp common
Parke,
for Week
High
*
Crank
99c
Jan
Sales
Range
Low
100
Ball
Jan
Jan-
4%
——
common
Packard Motor Car common—
official sales lists
of Prices
Last
Sale Price
Par
Preferred
May
1
1,100
2
72c
75C
"IlO
18c
1%
■
Champion
Feb
Jun
2%
17% Mar
900
1%
17c
2
1
common
common
Peninsular Metal
Cincinnati
2
37
45c
-
216
1%
1%
1
common.
Prod
Oil
Michigan Die Casting
Exchange
May 30 to June 5, both inclusive, compiled from
Machine—:
Paper & Fibre
,
Apr
Jan
Mar
60c'
150
2%
19 %
10
common
Motor
Cincinnati Stock
Laundry
Jan
Jun
•
(S Si
Motor
American
2
30c<
*
600
1%
47c
47c
47c
1
600
64c
62c
1
common
Mfg common
Drug common
Kresge
Micromatic
Industries
Jan
2%
Jan
60c
Grand
Sugar common
Michigan Sugar preferred
Aluminum
Mar-
2
1
5
Jan
42% Jan
5% Apr
2% Apr
31
Apr
Brewery
Motors
Brewing common.
Graham-Paige common
Michigan
.
18%
'
General
McClanahan
1
STOCKS—
2
2%
1
common
common...
.
"
10
Yellow Truck & Coach class.B
Stove
20
_
Goebel
3%
common—*.——i.
Eureka
500
35%
;
Detroit-Michigan
Jan
10
410
50
34%
——*
\
..
v/
3%
35%
•
5% Apr
3% Jan
-
620
22%
•
(
capital—25
Corp common
U S Rubber Co
21%
+
_
2%
13%
-*
Standard Brands common
Studebaker
14%
\ 15
*
3%
14%
*
America common
Republic Steel Corp common
Standard Oil of New Jersey
•
5%
T%
7-
7Va
22%
*
—*
capital——
Oil Co
4%
5%
-
15?
—1
Pictures common..
Paramount
Pullman Inc
Pure
5
_* v;9 i\,
._
York Central RR capital
.
\
'i n.j' '•,< >'
,
./'•i
common...
Gas Co
Co
Superior Oil Co
*
California
(The)..—.2
I—*
25
all% all%
45
15
15
200
2
2
100
15
1%
Jun
Apr
2%
Feb
Jan
17
17
390
27
753
15
Apr
24% Mar
20%
26%
25
25
307
23
Feb
26%
Jan
24% Mar
28%
Jan
a27% a27%
10%
10%
19%
20
a29 % a29 %
40
625
1,331
13
10%
18 %
28
Jun
28%
13%
Jan
Feb
Apr
22%
Feb
Mar
34%
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4079
Volume 155
2173
OTHER STOCK EXCHANGES
Week's
Friday
Last
STOCKS—
of Prices
Low
Par
Taylor Milling Corp
Transamerica
io
common
Corp..
Sales
for Week
Range
Sale Price
10
4'/a
Shares
Range Since January 1
High
Low
:
10
Feb
4%
4%
4
a9%
a9%
13
10%
10%
918
10
Apr
Universal Consolidated Oil common-_10
6%
6%
100
6
Apr
2'/«
100
10%
Jan
5
25
Transcontinental
Union
Oil
of
2
Western
&
Air
California
Wellington Oil Co of Delaware
Western
Lines
Air
2%
.1
Inc.—
a2
1
';/
„
847
Apr
4%
Jan
13%
Jan
Edward D. Jones
,
,
7
1% Mar
13
a2
St. Louis Listed and Unlisted Securities
High
10
.1,400
Established
Jan
3% May
—
705 Olive St.,
Co.
&
1922
ST. LOUIS
—
:
Members
New York Stock Exchange
Mining Stocks—
Alaska Juneau Gold Mining Co
Black Mammoth Cons Mining Co
Unlisted
2%
10
3c
10
100
1%
3,000'
2%
3c
2c
2%
Apr
Jan
Phone " ■■'V. \
r
:
St. Louis Stock Exchange
Jun
6c
Apr
■/
CEntral 7600
j
Postal Long Distance
Chicago Stock Exch.
Chicago Board of Trade
Associate Member Chicago Mercantile Exchange
Bell Teletype SL
593
New York Curb Exchange Associate
Stocks—
American Smelting & Refining Co
American Tel & Tel Co
Copper Mining Co
Armour & Co
(111)
34
a35% a35%
*
100
Anaconda
392
119 Vb
all5
119'/a
a
24
50
103
129% Mar
Apr
23% May
266
24
28%
Jan
3%
Jan
5
a2%
a2%
75
3
Apr
Atchison, Topeka & Santa Fe Ry___100
Aviation Corp
(The)
(Del)
_3
a325/«
34%
94
29
Jan
a2%
a2%,
28
3
Apr
4%
Jan
Baldwin Locomotive Works
alO% al0%
10
13
Feb
13%
Feb
8 % May
10%
Jan
Feb
.
Barnsdall
Oil
Bethlehem
t
v
.13
c.
Co..
«
Steel
Corp
Corp common
Borg-Warner
8%
85/a
._5
a50%
52%
89
55%
Apr
60%
a22%
23%
115
22%
Jan
35
Last
Cities
Tractor
Service
Co
Co
Continental
Motors
Curtiss-Wright
General
Foods
a7%
3%
3%
Corp
Corp—
28%
—
8% Mar
Falstaff
3% Jan
Jun
91
Jan
Apr
28 y8
Kennecott
Loew's
Nickel
Copper
Co
of
Canada
*
Corp
28%
Jun
24%
York Central RR
North
American
International
North
American
Steel
27% Jan
Apr
Feb
National
Candy
40%
Feb
Rice-Stix
Dry Goods common...
25% Mar
28%
Jan
Scullin
9"%
Jan
Stix, Baer & Fuller common
a 7%
*
101
'
7
250
7%
10%
10
131
8
33%
Feb
7
Jun
8"
Mar
6%
Apr
8
7
7
105
3
290
May
May
13% Jan
7% May
10 Vo
Steel
Jan
7>/4 Mar
May
2% Mar
160
26
15
12%
_*
10
15
common.
13%
5%
7
7
35
7
__
21
165
Apr
15% Mar
Jan
12
Jun
6%
Jan
Jun
9'A
Jan
8%
Jan
7
*- Jun
-
21
85
21%
Feb
17-
Apr
7
5
61
Feb
5'/2
10%
7
21
15%
5%
7
Feb
32
9V2
15%
__
—*
3%
May
-80
"
13
13
common..—
common
Electric
Wagner
27
10 %
26% May
37% Apr
34%
35
7%
High
28% May-
100
6%
26%
__
common..25
Cement
145
7%
50
125
3
27
.20
common
Portland
Missouri
%
1
Co
318
'
7
--
*
common
31%
%
10%
*
Inc
26%
24%
Shoe
42
26%
*
Co
Aviation
82
6%
__
S & D common
5
Hydraulic Pressed Brick preferred—100
a 29
a 4 2%
*
;
27%
Low
.
7 'A
1
.1
...
a40%
*
Inc
Montgomery Ward & Co Inc
New
a27%
'
;
common.—ar..—.5
common
29
7
__
Range Since January 1
Jan
Apr
Brew
Laclede
International
Brewing
Huttig
Jun
22%
170
28%
Jan
1%
3%
351
;
May
Columbia
28%
Brown Shoe
6
110
25%
Apr
Shares
High
Feb
2%
Apr
8% Mar
100
3%
25%
——
—
1 Vo
75
8%
6
6
«...
Co__
2%
al.
—-
Corp___
Electric
42
a2%
al
38
for Week
of Prices
Low
Par
33% Mar
1
a2%
.—10
Columbia Gas & Electric Corp...
Commercial Solvents Corp
General
;
—
—
official sales lists
Sales
Range
Sale Price
STOCKS—
'
Caterpillar
Week's
Friday
23% May
a32% a32%
a52s/a
"5
Exchange
May 30 to June 5, both inclusive, compiled from
300
8%
St. Louis Stock
36% Mar
Apr
24% Mar
May
Jan
'
BONDS—
Paramount
Pictures
Pennsylvania
Pure
Oil
RR
Inc
Co..——
&
Texas
Co
Oil
Rubber
S
268
3
2%
9%
14%
560
13% May
155
44
53%
15
60
2%
.3%
115
.25
a34%
34"%
82
a33%
33%
194
8%
100
110
3%
62%
65%
a24 %
24%
%
10
a
18%
a
17%
5
Westinghouse Electric & Mfg
a70%
Jan
32% May
40%
31
35%
Feb
Feb
Mar
8%
Jun
10
62% Mar
28%
34%
16%
Jan
16%
70
72%
Last
45% May
4% May
55 %
Jan
5%
Jan
66
Accessories
Aircraft
Oil Co
Jackson
Friday
'
STOCKS—
Par
Budd
(E G)
Tel.
*
Co..—
Prior
General
795
101%
Apr
1341/2
Jan
Crown
9%
2%
25
6% Mar
9%
Jan
275
6%
332
14%
31%
14%
32%
7%
Feb
Jan
62%
10
37%
36'/a
38%
4%
__
Horn
Bardart
&
(Philal
National
Power
...
-
—
& Light
21%
__
common
Lehigh Coal & Navigation..
Lehigh Valley RR
_*
common
Feb
%
Jan
,*
50
3%
2%
1%
4
0
._
Pennroad Corp voting trust ctfs
2%
19%
1
..
__
——
RR
Reading
50
common—
__
Sun
Oil
—
-
•Tacojiy-Palmyra Bridge—
'Class A participating
United
Corp
1
Jan
%
Jun
4Va
Jun
Apr
27%
May
116%
Feb
5
22
4%
2%
1%
855
3%
Jan
115
2%
Jun
3"% Jan
50
1%
Apr
3
102
Jan
Jan
279
30
Jan
89 Vb
90%
208
405
1,376
100
83
Apr
29
37%
Machine
State
25
7% May
140
115
11%
10%
Jan
15
Apr
Jan
Apr
55%
Jan
10
20
Jun
35.
*
*
/
_
3%;
3%
99%
100
Jan
31% May
37% Jun
9% Jan
11%
11%
11%
490
10% Apr
Hale
12% Feb
*
Stores Inc
Bros
—
12
12
11
Jan
8% Mar
13% Feb
11% May
Pine
Hawaiian
Co
Ltd
*
Brothers
Apr
11
11
47c
500
42c Jan
50c Feb
80
115
33
Jun
2.25 Jun
41% Jan
7% Feb
capital___10
33
33
—
2.25
common
8%
101
419
10
Home F & M Insurance Co
9
47c
11
1
Development
Holly
Salt
Co
33%
2.25
Lockheed Aircraft
__
25
Inc
—
24
Corp:
1
:
16%
1
—
5
14
1
4
•
—
100
Magnavox Co Ltd
Calcul Machine
4
4%
15% 16%
1.20 1.20
—
13
24
May
150
24
—
225
25
1
7
10
-
(R Gi
Libby McNeil & Libby
:
Fibres
Auto
National
common
-
Jan
North American Invest
JO
Jan
North American Oil Consolidated—..10
15%
576
12%
Jun
16%
Jan
Oliver United Filters class B
3%
6,039
Jun
5%
23%
4
15%
90c
12%
Mar
May
Jan
625
773
270
330
14
May
31%
Feb
27% Jan
5% Jan
24% Jan
,
1.50 Feb
15
Apr
3%
■
-■
common
223
17%
,
92
106%
Jan
10V4
Jan
12'/a
Apr
Pacific Gas & Electric Co
16
Jan
19%
Apr
*
Pacific Coast Aggregates
300
259
100%
11%
5
common—25
25
25
_*
*
1st preferred.;
6 Vo
1st preferred—
—
Light Corp common.—
dividend—
Jan
5
5%
1%
1%
8
1%
,
8%
13%
.
5
75
425
5% May
1% Apr
500
8
55
25%
5
5
..
i-
84
25%
41
:
Low
.
.
13%
83
25%
200
..
350
50
65%
37
4%
4%
12
—
'84
High
Rheem
Manufacturing Co
Ryan Aeronautical Co—
12% May
Jan
Shell Union Oil common..
15
1%
Jan
9%
v
Feb
Signal Oil & Gas Co class A
—
Soundview Pulp Co common-.;
_*
5
25
16%
Jan
So Cal Gas Co
83
Jun
97
Feb
Southern
25 %
Jun
26%
Apr
Spring
.
pfd series A.
Pacific
Valley
Co
Co
—
Ltd.J„__
Jun
70
55%
Feb
65 %
20
29% Jan
27 % Jan
31
Jan
97% Jan
*
Mar
14
„
10%
*
Jan
June
5%
Transamerica
Corp..__—....
Union
of
Oil
Jan
Universal
Jan
Vultee
Co
California
Consolidated Oil
__
•
195
1
11%
15
14
28
15
14
28%
10%
10"%
1,125
38
•' * 4% Jun
8%
8%
374
4'%
10%
6%
7%
395
225
8% May
4
Jan
10
May
6
Mar
6% May
20
400
6
n
Apr
Jun
20
50
27
27
Apr
Mar
- ---
185
-
15%
14
10% Mar
140
316
250
:
Jau
25% Jan
1.75 Jan
11% May
45
-
5% Feb
10% Jun
4%
-
26% F»la
■'
3% May
-3%
11%
2
4%
4%
^25
10%
.10
6%
10%
6%
7
500
2
100
2
Jun
Mar
V/estern
Dept Stores 7%
__
110
32
May
34% Mar
Western
Pipe & Steel
13%
14%
90
14
May
19% Feb
69%
73
Apr
-
:-
92 —^—31% Jan
-135 - 24
Mar
200 --'1.35 Jun
600
10
Mar
4%
—
lc
63%
40% 40%
24V2 24%
1.35 -1.35'
11% 11%
Jan
2% Jan
"101
Jan
,
3%
11%
32
131
lc
Apr
—
14%
72%
2.15 Apr
15% Apr
24% Mar
22
Mar
22% Apr ;1
90
Mar
/
2,532
15
Jun
13% Apr
25% Mar
-
Jan
20% Mar
17/a Jan
29% Jan
13/2 Jan
6
Feb
5% Jan
40
4
,
1.35
—1
7%
Apr
4% Apr
—1
2
32
18%-
27%— 1,842
25 '
1,2-77
26%
2,017
95%
103
>v
-
32
lc
-.1
Steel...;—*
834
40
64%
—1
4
9%
90c
7
1.35 Feb
2,005
1.95
17%
27%
24%
25%
95
25
26%
—-V
Tide Water Associated Oil common—.10
'
Jan
Apr
Jan
Apr
3% May
__
___100
preferred—'.—100
Rayonier Inc preferred
25
Republic Petroleum Co common.—1
Range Since January 1
»
....
1.90
—
18%
__
,
Shares
High
5%
4%
REiR Co Ltd
for Week
Range
5%
Jun
Feb
Jan
Jan
4% Feb
3
6%
90c
5%
2%2% -':
231
2% Mar •
83
84
57-;72 •" Apr
26 -.»26-/ ;.125"-22% Mar ;
Puget Sound' '?■ &'■ T. ^common.—,—" 11 Vk 11)4 '
*/-425*.\Vl-.l$1-; Jun'
Public Service common
Paraffin^. Co.> common
•Sales
Week's
of Prices
Low
500
300
10
100
360
4
4
7%
8
90c
90c
5%
5%
4%
4%
Jan
Mar
1.1
—
*
Westinghouse Air Brake....
*
Westinghouse Elec & Mfg..—.—50
36% Jan
108
28% Apr
31% Jan
—
Jan
16%
—
;
common—*
Pittsburgh Plate Glass.._—
25
Pittsburgh Screw & Bolt Corp.
_*
2176.
128
*
common
32
32
12%
12%
*
10
For footnotes see page
Jan
*
37%
200
20
32
—
National Fireproofing Corp
Alloys
Jan
11% Jan
28%
36%
9
__
10
Ltd
Co
NatomasCo
,.
20
—
v
'
Vanadium
—
10
Corp common
Corp
LeTourneau
43%
Duquesne Brewing ....—...
.5
Harbison Walker Refractories com.100
.1
23% Apr
May
Leslie
Feb
78
...•
.
15% Jan
32
Feb
45%
Par
Toy Mining
88
70
Jan
31%
45%
Last
Shamrock Oil & Gas common.
10
Mar
76% Mar
Jan
Jan
116
46%
Friday
San
>3%
28
Jan
Sale Price
Mountain Fuel Supply...
23% Jan
2.50 Mar
21
3%
Jan
110% Mar
16
iMuigh^lockExchange
—__
18% May
100
32%
24%
2% May
19%
1,512
xM«y."39v.4o-5j»ine 5, both inclusive, compiled from official sales lists
Koppers Gas & Coke .preferred
Mesta Machine Co.—
226
3%
60% Jun
\
Apr
"
36%
;-10
Columbia Gas & Electric....
20%
3%
Apr
Jan
Apr
4—20
Co
20%
3%
80c
20%
Golden
4
25%
•45TOCKS-
Blaw.-Knox
24
32
Pacific Tel & Tel common...
'r''*.
153
32
50
w
Fireman's Fund Insurance Co
$5
»*•
26%
20%
Emporium Capwell Co pfd w
Pacific
.
45% Jan
26%
100
Fruit Corp preferred
Di Giorgio
Pacific
■
653
26%
55
5 % '!o
-vji/£&'• rwir
60%
1,120
General Motors Corp common
50
*
Preferred
Westmoreland Coal..
60
10%
Jun
30%
United Gas Improvement common.—.*
Westmoreland Inc..—
2.00 Jan
1.00
77%
38%
30%
*
Preferred
1.10 Jan
19% Jan
10c May
41% Jan
•
__
10%
Jan
30%
...
——
Feb
—
—
2,050
2% Feb
1.40 Jun
90c Mar
16% Mar
5c
Jan
30
Apr
*
77
Food
_•
:
common.
33%
1.05
-.150700
1,150
420
10%
18%
*
Paper—.
32%
—
-..
8c
6c
__
77%
March
Scott
1.10 ■ 1.10
16% 18%
-*•
18%
*
32% Mar
21%
588
1.
80c
10
5
29%
125
2%
2%
19% 21%
113% 114
31
31%
8
8%
12 % 12%
.
*
1
12%
Zellerbach Corp common
Preferred
Hunt
Pennsylvania RR50
Philadelphia Electric Co 4.4% pfd__100
Philadelphia Electric Power 8% pfd—25
Philco Corp
-3
12% Jun
200
336
1.40
1
Apr
104%
104
—
May
Feb
1.40
12
/
Apr
com
12% May
15
4%
22
7% Feb
25
of America Inc
Greyhound
(NY)
4%
6% May
10
28%
1,263
*
Horn & Hardart
8% Jan
3% Mar
175
1.40
12%
1%
Jun
6
396
__
6% Apr
350
6%
—
—
250
Jan
Jun
44%
75
32%
*
Bros
3%
2% May
110
62%
%
6
50%
0
Motors
Gimbel
Creameries
2%
50%
1,055
4
6%
5
Edison
Commonwealth
Feb
*
Battery
Clorox
12%
__
5
preferred
Electric Storage
High
Jan
__
*
Chrysler Corp
Curtis Publishing Co common
Low
9%
9%
common
capital
common..
Chemical Co
50
9%
7
4
2
*
Corp
115% 118%
118%
10
Range Since January 1
High
Chrysler
10%
10%
__
100
Corporation
Mfg Co common
Wheel
Budd
Low
—•
Shares
of Prices
7
Tractor common
.*
Eureka Mining Co common—1
Central
for Week
Range
Sale Price
1.85 Jan
1.50 Jan
—
Caterpillar
Sales
Week's
Last
-
High
Low
1,035
1.55
2%
5
Corp
High
1.50
2%
10
Co
Packing
'
Range Since January 1
—
Cement 'Co cdmmon..—•
California
1.55
Sales
Shares
20
Fund Inc
Diesel Engine
Carson Hill Gold Mining
&
Jun
10
National Bank
California
Insurance
Calaveras
inclusive, compiled from official sales lists
50c
Alaska Juneau Gold Mining Co
Anglo
1hiladelphia Stock Exchange
May 30 to June 5, both
Tel
Jun
44
for Week
of Prices
Low
Par
Jan
^
Range
Sale Price
STOCKS—
Jan
Byron
American
88%
Jan
Exchange
Week's
Friday
Jan
32
Bishop
Barber Asphalt
Jan
32%
2,200
May 30 to June 5, both inclusive, compiled from official sales lists
64% Feb
Feb
% Mar
300
5%
San Francisco Stock
Jan
Atlas Imp
__
82
$1,000
Feb
5
Assoc
American Stores
44
Jan
8%
Apr
40
18%
46
5%
50
2%
100
a45
*
Inc
Apr
6% Mar
60
%
a
0
Co
88%
44
—
17% Mar
52%
__25
U S Steel Corp..
88%
__
Jan
a6%
14
Co common.—10
—
1st mtge 5s__1959
25-yr conv inc.. 1964
Feb
3
Feb
a6%
*
(Dell
Warner Bros Pictures
a7%
50
2%
—...__
U
St Louis Pub Serv
Mar
a52%
___
(New Jersey)_
(The)
Corp
St Louis Pub Service
22
a7%
Union Carbide & Carbon Corp.—*
United Aircraft Corp
5
United
14% Mar
20% May
8% Mar
14%
(The).—.
Corp
14% Mar
*
Co—
Tide Water Assoc. Oil
70
55
3
*
SoCony-Vacuum Oil Co
St&ndard Brands, Inc
Standard
15
20%
*
Corp of America___
Republic Steel Corp——
Roebuck
al5
50
Radio
Sears
al5
a 19%
1
Co.—__
2c
5
80%
Jan
Aircraft
Yellow Checker
Series
2
....
——
—1
preferred__25
Co...
—10
Cab Co series. 1_____50
-
—50
7%
27
27
6%
13
27
27
6V2
13%
27
27
-
3,845
1,062
10% Feb.
4/4 Jan
13/8 Jkn
7 * Jan
10% Mar
.
7/4 Jan
15 A Feb
#
31
28
Jan
Jan
THE COMMERCIAL & FINANCIAL
2174
CHRQNICLE
V
Monday, June 8, 1942
OTHER STOCK EXCHANGES
Sales
Week's
Friday
Last
Range
Low
Par
Range Since January 1
Shares
Lotd.
High
/ '
'
'
STOCKS-
Unlisted—
257/s
24
566
33%
270
2%
119
Bunker
I Calif
Hill
Service
Co
28%
—
Jan
33/4
Jun
4%
2% May
Packard
Motor
Co
Feb
40c
Jan
23%
Jun
233/b
Jun
Schumacher Wall Bd
8 % Mar
11%
Jan
Shasta
83%
Jun
Socony-Vacuum
So
83 y2
60
al%
l7/s
26
13%
10
.
13%
300
4%
r 51
4% May
6%
350
Corp
{New York Central RR oapital
(North American Aviation.
2 %
May
2%
Apr
11% Mar
133/4
Jan
6
%
Co
16
Oil
'•
38
Jun
950
2
Feb
353
20
Apr
24
Feb
3
.
Brazilian
.
Class
preferred
Bulolo
<
:
Preferred
Canadian
Canada
7
Preferred
Canadian
Jan
4
243/4
Alcohol
Canadian
Ind
Canadian
Pacific
Cockshutt
.•
United
Aircraft
a26%
-27%
27% May
Jan
Apr
27 3%
Jan
1.40 May
35
363A
24%
655
29%
6
2.60
400
1.55
1.45
1.45
a7%
a
7%
10%
130
of
N
Corp
35
10
*
common
10
133/4
May
Corp capital Jt <Ut •* 4.
Petroleum Co
•» _ — —
10%
Wafner
Jan
—
Pictures—.
Petroleum
preferred.
65c
Plow
Consolidated
;
Bridge
—
Dominion Coal preferred
Glass
—
19
—
26%
3
125%
Jan
Mar
37%
21%
-233/4
12%
18
210
5
112
Co Ltd
85%
Apr
6
3
May
6
Feb
5
5
Apr
6%
10
2
Feb
2%
Apr
3%
8
675
10%
9
Jun
14
97
Mar
100
Apr
28
9
9%
2,916
63/4
650
10%
50
Donnacona
National
Apr
7
12
22%
22%
80
20
Feb
22%
Ford
Preferred
31%
1,050
29
Apr
36
Lake
Corp
11% Mar
13%
48
87
Apr
89
100
16
100
Jan
115
Motor
35
8
Jun
12
Preferred
Feb
.
8%
Apr
3%
Mar
23%
17 %
18
140
12
Apr
18
23 %
24
478
23%
Apr
26
8
2%
7
j
Penmans
;
i.
preferred
1
Knitting—..
May
44
121
May
75
3
Mar
<,■*'
121% 121%
3%
7%
3%
7s/8
12
__
3%
g
201
12
65
3
3
45
19
19
40
♦
1.25
of
Canada
Preferred
—25
Tuckett Tobacco preferred—.100
Wabasso Cotton
;
1.25
1.050
10%
10%
310
10
27
28%
481
27
13 '
10
61V4
common.......
68%
__
•
148
148
2%
—
*
*
..
40
5%
13
!
1,354
10
180
12%
9
87
62
68%
40
58
80
May
5
3%
100
3% Mar
19
Mar
May
2.00
Jan
15%
Jan
43
Jan
66 % Mar
Preferred
100
Wilsils, Ltd
_*
Winnipeg Electric A
Class
—;
"B"
250
25
6%
2
10
1.75 Mar
1
16
2%
——*
14
Jan
10
May
63
Jan
68%
Jan
For footnotes see page
—
'
3%
Jan
260
2% Mar
200
14% Mar
17% May
470
10
13%
Feb
35
35
3?Apr
35
Apr
5% May
10
6
6%
313
12%
400
1.00
1.00
15
6%
6%
__
15
15
10%
Apr
Jail
12% May
1.00
Jan
6%
Apr
Jan
125
5%
Feb
50
15
1.00
ll%i
Jan
15
Feb
Jun
| Jun
25c
8
25c
Feb
25c
5
13
Apr
15%
50
Apr
4b
2%
210
107% 107%
10
2%
107 %
pfd 100
,
Mar
15% 15%
41 %~ 41%
15%
41%
"
•
25c
._
pfd _*
CO
12%
12%
39%
2
107%
Feb
Mar
2%
Jun
Jun
108%
Jan
25
73
May
cum
33
50
31
May
23
100
Jan
—
32
103
103
*
__
1.10
45
•
42%
42
42%
120
18%
19
165
18% Mar
9c
14%
9c
9c
13%
14%
1.50
1.60
35c
39c
130
32c
Feb
43c
25c
1,000
22c
May
25c
Feb
4.15
Jun
5c
Jan
»i.
—
preferreed
Mines
Ltd
*
*
Ltd—
Mines
I'.l.OO
.—1.00
,
103%
1.10
—7
39c
Inspiration Min & Dev Co Ltd—...1.00
•
"
Lake Shores Mines Ltd...———1.00
.7,
—1.00
Ltd.^
Macassa
Mines
Malartic
Goldfields
25c
—
„
Feb
Feb
1.10
40% Mar
50 %
Apr
Jail
1.05
19%
Feeb
6,700
775
1,500.
__
—
1.00
Pato Cons Gold
,
1.75/,,,•.
Dredging Ltd—..—1.00
Mines
of
B
Sherritt-Gordon
1.00
C—
Ltd.—1.00
7
r
Mines Ltd—*.—_1.00
A'
Gold—*
—
__
—
45c
1
147
Feb
50
36
Feb
41%
Jun
Sladen-Malartic Mines Ltd.—*—11.00
Wood Cadillac Mines Ltd.———-—1.00
49
24
49
Feb
50
Jan
Wright-Hargreaves Mines—L————
110
24
110
Jun
110
10
15
May
17%
Feb
Apr
2.24
Jan
3.00 Mar
Jan
Apr
4.15
9.00
100
6.90 May
11%
Jan
2.30
2.40
970
2.08 Mar
2.80
Jan
1.60
38
78c
1.78
38
78c
75c
2.20
1,350
1.20 Mar
2.22
Jan
100
36% May
40
Feb
2,700
G5c
May
88c
Jan
1,200
50c
Apr
75c
1.00
;
l,000v
„
1.08
2c
Feb
500
2.00 Mar
2,250
1.00 Mar
.200
1.30
Jun
3.00
Feb
Jan
7/1.31 Jan
2.05
Jan
1.30
1.32
2.10
2.11
200
66c
34c
25c
2%c
66c
46c
1,400
66c
May
87c
Jan
7,850
3lc
May
49 c
Jan
25c
2%c
100
18c
Apr
31c
Jan
700
2%c Mar
2.50
2.50
1.71
Apr
3.20
Jan
Jun
15
16 %c
Apr
3%c
2.05
«—
v
Apr
1.22
3%C
75c
—
Mines Ltd———1
Preston East Dome Mines
100
8c
10%
9.00
"
'/
Mclntyre-Porcupine Mines Ltd——5.00 77
7
Normetal Mining Corp Ltd./—*
75c
O'Brien Gold Mines.———__.1
76c
Gold
33 % Mar
103%
4.15
—
Kirkland Gold Rand Ltd——-1.00
Perron Gold
Jun
—50
pfd.100
80
7!'
•
Malartic
Pioneer
80
80
19
partic 2d preferred
Brewery...
(H)
80'
100
150
150
Jan
—
;
—
60
24%
1.00
90c
60
24J/2
1,110
80c
Apr
19
85c
Mar
50
55
100
Feb
24% Feb
16%
Jan
1.15 Feb
Brown
1.05
Jan
Home
Jan
Homestead Oil & Gas Ltd.*——1.00
60
25
Jan
300
1.90
Apr
4c
Jan
2.68
Jan
4c
Jun
Oils-
Oil Corp LtdJ*i_—1Oil
Co
Ltd
Royalite Oil Co Ltd*
*
—
—
*
*
—
7^—
2176.
Jan
10%
100
90c
—
20
Corp of Canada—
cumulative
Siscoe
Apr
17%
—
cum
Feb
2.25
10%
—
*
——
Pwr 6%
Jan
10
17%
—
*
10
—
4
/
—
pfd—.100
Co.
May
Apr
10%
*
—...
15
Apr
Jan
10
Apr
2% Mar
150
16
2%
__
*
A.I
Ltd
16
2%
41%
1.00
__
*
Woods Mfg preferred—..
—.100
Zellers preferred ——____25
Jun
9%
15
__
Mar
2%
110
—
9
20c
2
0
__
Kerr Addison Gold Mines Ltd—1.00 7
Jun
Jan
Feb
Jun
9
10
—
5
Eldorado Gold Mines Ltd.
Jan
Feb
6%
Jun
8
20c
2%
—
pfd—100
Ltd.
East
Jan
Feb
42 /.? Jan>
9%
cum
Ltd
Lt &
Jun
15
—
Corp
Jan
.
10
N C
Dome
122% May
11
Mar
5%
55
Jan
24
—
P—
&
Aldermac Copper Corp
Apr
13
June
<s
May
8%
20c
Jan
3
Apr
25
Jan
7%
161
*
cumulative 1st preferred-
$1
Jan
May
1.10
2%
Mar'
55
'
:
6% Mar
142
Jan
5%
8%
7
21
8%
20c
—
49
—
Jan
31
;
50
'
•
Western Grocers, Ltd
Jan
Jan
2
2%
40 7
41%
150
__
*
—
127A
10
61%
Mar
"28
May
7%
108 f
June
106
65
40
29%
7
24 r
Co Ltd—.
Mines—
Jan
10
Apr
Mar
3
28
.100
85
Apr
55
Jan
2% Mar
Walker-G & Worts
Jan
155
,
15% Mar
10%
50
5%
50
20%
3'A
6'Jo
Jan
May
7%
11
1.10
;
79%
' 5
■
3
Shawinigan Water & Power—.!—,
—•
j Southern Canada Power.............*
,
79
v; "'
19
;
.v
47
80
*
preferred—
Co
Apr
25
—
Preferred
Steel
Feb
10
■
Mar 7;
June
Southern Canada Pwr 6',i
Jan
22
Feb
151
10
>'
17
129
\
Jan
Feb
6%
.
j St Lawrence Paper preferred—
'
20
63
10
80
__
*
.....
845
151
10
}
*
A
20%
39%
52
Apr
Apr
41% Mar
151
20
Jan
May
17%
1.90
Power
Power
Jan
34
29
361
„
*
St Lawrence Corp
;
37
105
45%
__
100
Corp of Canada
Price Bros & Co Ltd—
Power
.1 Regent
10
29 %
44
'.•/ :
Quebec Power
,
37
29
45 %
Ottawa Light Heat & Power pfd——'100
ov':
;
37
__
P
Island
Nova Scotia
Jun
20%
15
102
40
Noorduyn Aviation Ltd
Jan
25
8%
Canada
of
St John
Moore
Jan
20
151
Apr
Jun
1.65
Montreal Refr & Storage $3 cum
Jun
132
1,529
i.*
Mar
13%
98%
.7
200
—
7%
Preferred
May
3%
100
...
13
12
f
5,145
Mitchell, Robert
Feb
87
21%
Ogilvie Flour Mills
Ontario Steel Products..
Apr
2%
Melchers Distilleries Ltd
Jan
3
__
116%
60
23
companies voting trust—
Jan
8
210
11%
21
*
Apr
2%
Montreal
3%
*
Noranda Mines Ltd
Jan
115
2%
Massey-Harris Co Ltd 5%
Jan
21'A
25
■_**.
National Steel Car
Feb
97s
240
7 23
^
Goodyear Tire & Rubber of Can Ltd—*
Jan
30%
24
Jan
Jan
1.65
Ltd—
Fleet Aircraft
Jan
31%
*
9%
116
2
Fanny Farmer Candy Shops Inc
Jan
Apr
6%
*
Breweries..
Mar
—
Ltd—;
Aircraft
Fairchild
Walkerville
j
Jan
109
June
13%
''•— 7' *'
A
Co
Paper
Eastern Dairies Ltd
Jan
—
__
Mar
7
Ltd^—*
Corp
Paper
29%
7 7'7
7 '
—
preferred—J_—15
David & Frere, Ltd AS
Fraser
12%
9% Mar
10
cumulative
Consolidated
Jan
63/4
148
7
preferred.—100
City Gas & Electric Corp Ltd—
Jan
10%
/
Commercial Alcohols Ltd—it.
Jan
22
7% Mar
B——*
;
-
Ltd..—————*
cumulative
5%
Jan
38
1,073
100
15
High
75c
May
May
15%
85 t 85
5%
5%
107
107
7
.
?
-
Westinghouse Co Ltd—*
Catelli Food Products Ltd.—'
*
Jan
418
8%
—
106%
Canadian
Jan
_*
Tramways—
V/o
Jan
8%
Vickers
Ltd
Industries
Canadian
Jan
2%
24%
„
40
393
113
4
Jan
835
6.75 Mar
pfd_—V---------*
Canadian
Jan
9%
8
93
116
13%
" 7
?
Investments Ltd—*
Canadian General
Jan
8%
25
—
Light Heat & Power Cons
Canadian Breweries
Jan
3%
3%
4%
99%
100
'640
—7*7'
98% 100
'
7
"18" / 18
Sugar
Can North P Corp Ltd 7% cum pfd.100
Canada Vinegar? Ltd—:————-*
Can Wire & Cable 6%% cum pfd—100
Jan
9
__
116
—
pfd—100
cum
94%
—15%
*
575
325
115
115
9%
9%
—
Oil Co Ltd——
Low
50c
55c
5%
93
—
Canadian & Dominion
Feb
150
87
100
Corp—
Calgary. Pwr Co Ltd 6%
Jan
233/4
*
preferred—
9%
99
__
'93
Range Since January I
High
55C
4'A
Columbia Packers Ltd—13%
British
Apr
82
95
6
5%
100
preferred—
115
Apr
25
11%
100
preferred...'
Power
Shares
55c
5y8
*
cumulative
for Week
Low
*
preferred—
cumulative
Ltd
0%
British American
152% May
Jun
8%
100
May
Apr
Sales
Range
Par
Belding-Corticelli 7% cum pfd——100
Jan
Feb
430
3
*
Lang, & Sons, Ltd, John A—
15%
3%
4
3
9%
Week's
of Prices
Sale Price
STOCKS—
Beauharnois
Jan
73
243/g
*
Jan
6%
Mar
85%
4
450
..25
Canada
153%
148
100
Aluminium
Jan
10
2%
9%
147
7
Jan
60
85%
75
3
__
121
Abltibl Power Si Paper Co....
Jan
Jan
1,134
2%
*
149
,
Mar
6%
9
3%
8
£1
—
Feb
Jan
148
~
Jan
;
24
Jan
*
Bronze.—
152
188
Last
6% Mar
Mar
150
*
5
...—
.
150
May
Apr
Friday
6% May
Mar
12
50
5%
99
Jan
181
7
3% May
22% Mar
115
5%
„
143
141
114
'
4
3
5%
100
...
152
—
5
*
:
703
37%
21%
233/4
12%
3%
6
31
96
181
-
Jan
5%
Mar
15
75
„
*
Jamaica P S Co Ltd
?
120
85%
„
*
International Power preferred
.
15
100
8%
„
Preferred
Montreal
32
21% Mar
220
17%
125
17 %
115
—
147
142%
Montreal Curb Market
Jan
4% Mar
152
—
*
High
May 30 to June 5, both inclusive, compiled from official sales lists
Jun
29%
Apr
27% May
125
55/e
55/s
26'A 26%
__
Preferred——
Mont
100
25%
26%
—:
~ ~
Legare
27%
25
y
*
Low
142
Royal
7% May
5 % Mar
■:-V 21 % Mar
—
Mining——.
Massey-Harris
787
106
common.-
Petroleum
7%
26%
533
Imperial Oil Ltd
,4,
.i.
Imperial Tobacco of Canada
International
7
26%
5%
,39 i:
Mines
of
Apr
Jun
—,
Nickel
4
210
37%
-1*
Range Since Jatiuary I
High
147
Jun
Jan
—
International
19
Jun
—*
Gypsum, Lime & Alabas
International
Apr
5 %
1
General Steel Wares—
Hudson Bay
18
5V8
___100
Gold
75
25
—
Shares
181
Jan
3,460
*
Preferred
102
6
Gatlneau
Hollinger
Apr
5%
125
9
for Week
'
Range
147
Jan
98
53/a
r
Sales
Week's
Low
Jan
5
53
6
....25
—
Howard Smith Paper
12
Mar
5%
Chemical—
(Charles)
Mar
4
27%
—
Jan
13% May
Jan
5
135
5%
„
80c
100
Jun
100
8%
4%
'
6
—100
Apr
100
Apr
5%
100
Dryden Paper
■
Enamel & Heating Prod
Gurd
1.00
99
98'%
37%
21%
23% /
12%
Apr
65c
100
Jan
19
98%
*
Jan
43/a
200
of Prices
Sale Price
Jan
Apr
33/a
Preferred
-
21%
3%
Dominion Steel & Coal B
&
8%
May
18
3%
*——
Textile
Jan
*
—
Preferred
Apr
6%
187
13
4%
———*
—
*
—.25
Mining
Dominion Tar
11%
8
Distillers Seagrams——
Dominion
150
13
Smelting—„5
Dominion
1.00
150%
142%
701
595
—:
—
53/4
225
65c
Jan
14% Jan
12% May
107
———25
Ry—
Jan
Feb
1.00
4%
17%
Feb
55%
Jan
25
—
__
13
19
895
—
26%
Jun
11%
12% 13
146
146
8%
83/4
19
19
1.00
—
1.05
jun
••V-
••
—
32%
May
Commerce
High
17% Mar
50
526
&
Dominion
f
11%
>•
May,
82c
443/4
Canadienne
Low
18%
—
26
Listed and Unlisted
Par
Range Since January 1
High
11%
;
16
594
Montreal
17%
7%
Jun
53/8
53/a
53/8
65c
Last
Shares
—
«
Jan
10%
45%
443/4
1
STOCKS—
for Week
—
—
Jan
41%
Jun
Banks—
Range
,
5
Apr
10
1,894
85c
84c
5
Bros
Westates
official sales lists
of Prices
Low
Mar
30%
85
25%
a24%
a25%
5
l
...
*
Sales
Week's
3
278
34%
35
25
220
3%
3
*
;
J—
United States Steel common.*—
7% May
7% May
75
10%
Oil
Jan
U S
*
common
Jan
Jan
.100
_
May
Feb
2.00 Mar
—_*
7%
Foreign Investment—
Feb
7
Jan
1,835
*
Celanese
Canadian
6% May
Jun
26%
2.50
l—*
Car & Foundry
Canadian
100
Apr
8%
6%
28 %
2.50
*
Canadian Bronze
'
7
15%
Jan
203/4
Mill
a27%
*
—.50
/ Canada Steamship
5'Jo
preferred——*
4%
Apr
Taylor
.*
North Power Corp.——
6%
100
Mar
Standard
—100
class B._
Forgings
55
6%
6%
25
Standard Brands Inc.—
*
—*
13% May
6 3/s Apr
33/4
a33/4.
-
23% May
Jan
——*
Cement
Feb
Jan
25
Jan
5
—
Canada
50
al4%. 14%
*
——
Jan
*
B_
2%
15
8 3/4
'
....
200
3
25
28
*
13
100
146
—8%
19
Building Products A._—:
:
.
P.
Jan
•.
185
26
•
Col Power Corp A
Brit
j
L &
T
*
Paper A
Co
Jan
2%
275
29%
41
'
Telephone
44%
227
Apr
*
w
•
Bell
t
17%
Apr
Par
Bathurst Power &
50
2%
27
May
Sale Price
Shoe
38
17%
24%
.
Corp
Jan1
27
22 3/s
Last
j Asbestos
I
Feb
May
16
25
30
Friday
T, Agnew-Surpass
Feb
25
595
a29%
,
10
20%
3
*
.
25%
May 30 to June 5, both inclusive, compiled from
'4 '
8%
13
2
38
Friday
,
:
common.
preferred
Montreal Stock Exchange
j
High
Apr
93/4 Mar
15
2.50
STOCKS—
6%
Corp.
Calif Edison. Ltd
5%%
CANADIAN MARKETS
I
:;:
20
2%
20
___*
common
26
6
5c
*
——1
10%
*
common—
26
—
Mountain City Copper
Apr
Water
25%
Curtiss-Wright Corp—
——>1—*.
Dominguez Oil CO———————
General Electric COi——«-4-'------iIdaho Mary Mines Corp
Kenn Copper Corp common—;
^Montgomery Ward & Co
79%
6%
13%
10%
135
1
Jan
30c
83 %
50
50
189
129
13
*
common——,
Pennsylvania RR Co
Corp of America..
Republic Steel commoh
8%
13
Pacific Portland Cement preferred—100
37% Mar
Jan
a4%
common
Oil
29%
8
20
Sugar Co Ltd capital—***
Onomea Sugar Co
Range Since January 1
Low
8
20
Oahu
♦
High
253/4 May
Jan
87/s
Consolidated Edison Co of N Y
Consolidated
Jan
Shares
Low
common——10
100
233/s
23 3/8
pfd 1927-—100
Oregon Power 6%
Cities
Apr
May
3
820
32c
32c
—_2J/2
Sullivan—
&
104%
Co
Radio
& Co Inc capital-—-—-.——I
Borg-Warner Corp common—
——5
i
Jan
128%
23% May
3%
| Blair
;
405
24 %
3 3/4
33%
a24 %
50
;
Aviation Corp of DeU—
j
t
25%
a23 V2
—14
Copper Mining
Anglo National Corp class A com--—*
Atchison Topeka & Santa Fe—_—100
;
;
330
a2%
Viscoe Corp—_
Anaconda
65
all5% 119%
all9
—100
Tel & Tel Co.—.
American
1
*
———
American
4%
33/4 Apr.
47/8
a47/e
American
for Week
Range
of Prices
Par
North
American Rad St Sntry
Last
Sale Price
High
Sales
Week's
Friday
•A;.
for Week
■
of Prices
Sale Price
STOCKS—
1
4c
500
2.36
2.40
1,500
4%c
4V2c
500
4c
17%
17%
20
4c
2.35
20
17
Jun
Feb
2.70
Feb
'Jan
6%c
May
19
Apr
Jan
THE
Number 4079
Volume 155
COMMERCIAL & FINANCIAL CHRONICLE
Exchange
*
Sale Price
Par
Laura
Friday
Week's
Last
Sales
Range
of Prices
Power
7%
&
for Week
Shares;
preferred
Acme
Gas
Alberta
J
Low
High
4%
4%
50
4
May
5
5
30
5
Jun
4c
4c
500
Oil
&
Pacific
Aldcrmac
5
81
Grain
—
preferred
25
100
10c
Anglo Canadian__
Anglo-Huronian J
*
lfl 8
of
Nova Scotia,
Bread
100
preferred
8c
3'Ac
70c
Feb
Jan
18
May
2,500
6'Ac Mar
13,000
2'Ac Mar
56c
9%c
•
Jan
Bobjo
Brazil
/i
British
Columbia
Packers
British
Columbia
Power
British
Dominion
Oil—
Oil
Brown
Ankerite___
Canadian
Jan
9.30
Jan
8%
Jun
Negus
4'A
Calmont
Canada
Canada
Canada
Canada
Per
Canada
Steamship Lines_:
class
Cable
&
A
1,500
13
13
100
11% Mar
8'A
8'A
'5
7'A May
1.10
98c
1.10
3,750
80c
Apr
Jan
13'Ac
15c
3,700
11c
Apr
18c
Jan
Partanen
4
May
5
Jan
Paymaster
37 »/2
Feb
Peoples
4'A
Feb
126
Jan
7
6
7'/a
355
26'A
263A
477
52
52
10
120
5'A
Feb
49'A
Apr
125
125
100
29
29
15
6
75
17%
230
16
8%
8%
150
8
May
5%
5%
175
4% Mar
25'A
25'A
125
26
26%
95
125
125
30
11
11%
30
3'Ac
3'Ac
81
class B
*
Canadian Car
Preferred
Canadian
-1-
25
__
Celanese
81
—-
100
Preferred
Dredge
Canadian Industrial Alcohol
A
81
*
Malartic
Canadian
Canadian
Oil
3'Ac
Canadian
Pacific
Ry
Canadian
Wirebound
-
35c
81
40c
115
6
Jan
Preston
22
Jan
Queenston
9'A
Jan
Roche
6
Jan
25% May
Royal Bank of Canada
Royalite
26%
Jan
Russell
Feb
San
Senator
30'A
4% Mar
22
Jan
21'A Mar
120
125
Mar
Sheep
Feb
Sherritt-Gordon
Apr
Apr
3,362
5c
Apr
10'Ac
May
46c
Apr
Cockshutt
Plow
81
6>/b
6
6%
295
20c
20c
1,000
10'A
10'A
240
>.;•
'
100
113
Delnite
—_.*
Ltd
1
—
Mines——
Foundry common—
Dominion Steel
class B—
Duquesne
.
Steel
Great Lakes Paper
(voting trust)
(voting
___.
Dauch—__
■■__ _•
Jan
1.94
4,995
1.32
1.30
1.35
3,875
28'A
1.90
28'A
28'A
22
61c
55c
62c
8,850
42c
Mar
75c
Jan
53c
Jun
53c
Jun
1.70
58c
53c
58c
3'A
3'A
60
54c
52'Ac
54c
3'A
3'A
25
2.14
1.91
2.16
18,900
17c.
14c
17c
2,000
3c
3c
2,000
148
149
26
17'A
17'A
15
15
100
1.65
1.85
4,871
15c
18c
13
13
7,800
25
Siscoe
1.85
__
__
t
76c
76c
70c
1
Lake
1
Petroleum
Apr
Apr
3.20
2c
__
May
May
146
16%
__
Mar
68c
Apr
78c
May
62c
i
Jun
97c
Jan
4.75
4.90
375
8'A
35
6'A
1.10
24
1
May
71'A
71'A
5
65
May
4.05 May
30c
May
49c
Jan
6,000
17c
Apr
34c
Jan
l'Ac
l%c
13,500
4,500
lc
Apr
7c
Jan
5c
Mar
138
9'A
Jan
Paving & Material
81
—
4'Ac
5c
250
4c
Mar
5c
Jun
132
Jan
Standard
Radio
81
3%
3%
1,325
3
Jan
3%
Jan
Mar
63'A
Jan
70'/2
Jam
Feb
__
2'Ac
Co
of
61
61'A
30
57
May
17'Ac
Jan
Steel
Co
of
25
—
68
Jun
Steep
Rock_
81
1.58
1.41
69
1.72
Lake
81
60
29,153
1,000
Canada
Canada
1.55
2,401
Jan
9'A
Apr
81
Toburn
1
100
3'A May
5
Mar
400
3
4
Feb
Toronto
6'A Mar
7%
Feb
Transcontinental
16%
300
2c
Apr
1,500
10c
2c
Apr
Feb
49'Ac
May
Feb
29%
2.55 May
3.60
32c
22
4'A
5
Jan
Jan
May
Jan
Class
.Preferred
International Milling 5 '/<
International
Mining
J
Mines
:
Kerr-Addison
Apr
3
Vermilata
1
ll%c
10'Ac ll%c
28,500
17%
17%
17%
1,440
14'A Mar
17%
Jun
26c
25c
26c
4,000
42'Ac
Jan
6
Jan
Western
77'A May
Westons
;
19c
Apr
4% Mar
50
28
5%
5'A
-5%
335
5
3c
3c
1,100
3
10'Ac
■"
■
11c
9%c
61%
,
9c
12,500
*
___.
•
Apr
May
6
Apr
May
4
May
Apr
20c
Jan
6c
May
5%c
5%C
1,100
l'Ac
1%C
1,500
35
125
31%
Apr
60
Jan
50
135
39
Mar
50
110
125
May
250
175
5
200
12
9 %C
3
46c
"
12%
7.90
8.40
2.35
3%c
7c
20
46c
32c
25
8.40
.
55c
.
2.70
16
Jan
19
21%
Apr
28'/a
55
10
46
Apr
7
25
7
Jun
8'A
175
180
48
8%
8'A
8%
2,626
9%
9%
9%
290
9%
Apr
8%
9
50
8'A
Jun
27%
Jun
27'A
24c
25c
4,100
20c
Apr
30c
5
May
89
May
Feb
/
175
2 7'A
10
.
_*
5%
5%
92%
93
40
25
30%
31%
A
111'A
1,119
113% 113%
Jun
7% Mar
50
29'A
Apr
11'A Mar
1,702
11%
12%
8'Ac
8'Ac
500
15c 15 %c
1,500
2c
_
Mills
—
14c
2,200
26
__
100
26
10'A
35
class
8c
„
18
Lake
1
Shore
G
81
1
:—
Lapa Cadillac Gold Mines
2c
500
3.75
4.15
13,070
44c
"50c
5,925
For footnotes see page
2176.
910
6%C
850
910
3.40
...
21
Apr
Jan
15c
Mar
26
Jun
Jun
94%
Jan
145
75c
Apr
1.15
Jan
110
90c
Jun
80c
72
72
2.30
2.60
7,380
4%
4%
50
102'A 102»A
.
$1,000
5
1.00
(Alexander)
preferred
100
81
2.60
90"c
1.25
70
Mar
1.81 Apr
4'/a Jun
York
81
—
Knitting Mills
10
•
Jan
80
2.90
Jan
Jan
Jan
5
Mar
102»A
Jun
BONDS
War Loan
1st 3'As 1948-52
102'A
102
May
Toronto Stock
Exchange-Curb Section
204
9'A
12%
9
Jan
Jan
Jun
Jun
Trethewey Mines
Canada Vinegars
Consolidated Paper—
81
Jan
Dalhousie
115
Oil Co
Jan
Dom
36'A
Jan
Foothills
13%
Feb
Fraser Co
Humberstone
15c
Mar
29'Ac
Jan
2c
May
2'Ac Mar
Bridge^——
—
Co
Montreal
62c
Jan
Ontario
12
Jan
Jan
Jan
2
170
2%
Apr
3
50
Mar
69
'
7
60
60
1.30
50
15c
15c
500
.>
50
...
15c
22%
24
70c
75c
2,500
81
10%
10%
15
3
3
35
3
23
-
■
65c
10'A
3.65
815
5c
7C
16,200
2,785
6.75
Apr
3.15 May
4c
May
24c
Apr
•
Feb
Mar
Apr
24
85c
Jan
Mar
Jan
Apr
10'A
9%
4.15
Jan
Jan
23
Jun
23
50
20
Feb
500
19c
Jan
24%c
21
21%
165
19% Mar
23%
Jan
100
33
35
80
30
35
Jun
1.21
1.43
15c
25c
233
15c
Jun
25c
Jun
shares)—-*
19
19
150
19
Apr
19
Apr
_100
Jan
Supertest
__l
Stop &iShop Ltd—.
8c
Petroleum
(ord
1
Jun
Jun
81
Pend-Orielle
preferred
-
1.50 Mar
1.25 Mar
23%
75c
a;
Jan
3%
»
Power
Silknit
■7%
Jun
24'Ac 24'Ac
Langley's Ltd preferred—
Mandy Mines Ltd——
Feb
4.35
Jun
81
^
(voting trusti
Shoe
5'A
1.60
1.30
100
=*
Ltd
140
2,443
2% /
81
—
High
%c May
'Ac Jun
2,060
*
Oil
Range Since January 1
Low
5'A
1.60
2%
99
Shares
'Ac
5'A
2'/«
Consolidated Press class A:
Corrugated Paper Box preferred
Dominion
for Week
High
'Ac
81
'
Sales
of Prices
Low
1
Crown
Jan
May
Brett
Jan
20c
40c
Sale Price
Par
Jan
7%
Week's
Last
STOCKS—
Jan
Mar
2.93 Mar
Friday
Jan
8c
:
May 30 to June 5, both inclusive, compiled from official sales lists
Apr
-
Lamaque
Jan
90
90
90c
Apr
Jan
50
Mar
9%
Jan
4.80
ll'A
90c
81
B
22c
Mar
18'A
.
May
Apr
81
A
90
Mar
Jan
Jun
13c
4.00 Mar
30
10
14c
90
Jan
53
7
4.15
25
Jan
53
1
19 '/8
15c
40
Apr
1.24
Jun
1,347
1
19'/a
Wright-Hargreaves
Apr
24%
.
19 Va
100
Electric
Feb
6'Ac
23%
-
Winnipeg
Class
25
•—0
Jan
2.31 Mar
24%
•
Flour
Preferred
Wood
42'A
1
Canada
15c
4.20
Jan
4.30
,
,
5'Ac Jan
2,387
42
__
4'/8
Jan
Mar
Jan
2'Ac Feb
10
12%
Wendigo
12'A May
10.50
6,040
4'Ac
19
31%
3%
Jan
8,810
2.50
19
25c
10%
36
Jan
3'A
Apr
9 'A Mar
6.70 Mar
1,870
Feb
13c
May
19
__
16%
2'A Mar
1,300
12%
37/aC Jan
May
11'A May
3,000
3
3%c
lc
71
12
8'Ac
46c
Preferred
4.35
42'A
Feb
Feb
Jan
2% Mar
3,300
4.30
81
*
G & W common
17c
81
Mar
49%
_8'
1.10
Jun
34%
_
49%
3'Ac Mar
1'
:
(Hiram)
Jan
Jan
50
Apr
3%
.
Jan
50c
.
Apr
59c
Walker
5%
1.98
2.34
Apr
2% Mar
415
3%
Jar)
Jan
11'A
1
29
1,760
Vulcan Oils
75
7'A
45
292
8,050
*
Waite-Amulet
74
30
3'A
3%
Jan
5%
510
7'/2
30
93c
Jan
74
7'A
3'A
4.30
Jan
5'/2
__
85c
3%
1
Lake
30
3.90
2'Ac
1
—1
Mines
7'/2
90c
22
.-81
Co.—
81
50
May
May
May
4.30
Apr
—81
Petroleum
28c
81
Apr
preferred_100
International Nickel
48
700
1
2'A
-100
—.
105
35c
Steel
1 'Ac
27%
A——
48
33c
Upper Can-—
200
—100
class
47%
,
Jan
1.60 May
Apr
Ventures
3,000
Mar
80c
48
35c
25
l%c
61c
8'A May
600
85c
Apr
81
_•
3
15
85c
Apr
50
B
United
__
lc
1.15
Feb
1.96
50c
preferred
United Fuel A
Jan
—
60c
Resources
Union Gas
Jan
2.30
Mar
Jan
•4c
2%c May
1.22
Elevator
2 %c
1
Metal
1
330
2%
______
__—
1,550
1,500
15%
100
Bank—.
—__—100
Oil
81
Tobacco ord
5
Varnish & Color common
81
100
60c
111
9,586
18%
Basin
3
;
lc
1.55
55c
1.60
1,635
—
lc
1.55
'
Apr
1.30 Mar
10
1.80
20
_
61'A
1.45
191
Jan
81
Inspiration
81
(
preferred
10
1.70
6'A
152
—
11
67
Apr
49c
Jun
1.65
16
Jan
13,600
Jan
16'A Mar
7,650
—
89'A
46c
10
1.75
2.70
Mar
26c
*
2.60
Jun
2
-
36c
1
2.60
Jan
8'A
25c
Sylvanlte
Tamblyn
Teck-Hughes
5
—
6.00
Apr
Feb
22
Jan..
39
172
6
70
41c
Jan
May
14
Apr
1.15 Mar
5
Feb
18c
12'/a Mar
1
22
Jan
9c
Sullivan
7%
Jan
19%
j \
2.05
Straw
40c
—
155
Feb
Sud
4
Jan
Jun
1.35
Jan
3%
Jan
3c
15%
Jan
3%
Feb
May
17'A
-
Jan
39c
Apr
12
^ 8'A
—
__
57c
Apr
1.10
__
8'A
Jan
4%
8c
■
Jan
4'A
1.64 Mar
14,908
_1
Apr
3
500
62c
2.20
39c
74
-
70c
1
End
__
81
Gold
South
18
76c
81
Sladen-Malartic
Slave
__
2.35 Jan
98»A Mar
Jun
2%
4,000
3'A
100
Jan
1.38 May
1.30 Jun
28'A
2,000
3'A
1
Preferred
,
3c
81
Erie—
paid
Kirkland
1.35
5'Ac May
22
*
Dow, Ltd
Hudson
Bay
Jason
1.00 Mar
25'A
40c
.
1
____
Honey
Jellicoe
8,665
Apr
May
4,000
________8*
_____5
^
Oil
Waite
1.06
9%
2'Ac Mar
15,528
1
Rock
Jack
Apr
1.00
Mar
1.64
81
International
5'A
10%
2'Ac
■
81
1
trust)—
Gypsum
Preferred
Jun
21
3'Ac
—50
Preferred
Imperial
Imperial
5
975
1.40
•
85
Goodyear
Imperial
110
220
7%
1
1
Imperial
5
38,000
4
81
&
Jan
5
__
9%
81
1
Wares--
Gate
20r/c
i7c
5'Ac
2 %c
Lake
Huron
Feb
14%
3'Ac
Eagle
Home
12c
21%
1.55
Gods
Hollinger
8,125
2'Ac
30c
2'Ac
Gold
Homestead
17c
10
12c
9
81
common
Gillies Lake
Hinde .&
16'Ac
2'Ac
100
Power
preferred
Hard
Jan
*
Francoeur
Gunnar
Jan
17c
81
500
175
1
Ford class A
Preferred
Jan
2c
Dairies
81
—
Kirk
Golden
85c
*
„•
--
~8'
Farmer
General
May
l'/8c Feb
52c
81
500
17%
81
25
"
1
Aircraft
5 'it
2,200
4,000
Chemical
49c
8
1
—
Gatineau
60c
l%c
Standard
12 %c 12'Ac
1
Electric class A
Federal
Fleet
57c
l'Ac
Standard
May
175
—-
Jan
60c
l'Ac
10»A Mar
110
17%
3% *
103'A
27c
77
0
;
Oil
Malartic
Equitable Life
Falconbridge
Fanny
Mar
92
4c
*
4'AcMay
Feb
115
9
—20
1
preferred
English
Jan
May
Apr
Jun
17%
—81
25
——81
common—
Dominion Woollens
Eldorado
Jun
3
13
————81
Stores—
Tar
Crest
May
60c
Apr
21%
—100
Bank—____;
Dominion
Eastern
5
,16c
May
10
37
49c
21%.
14%
81
Dominion
Dominion
Mar
18c
579
5'Ac
—81
—
I.
—
49c1
1
—
Distillers Seagrams—
Dominion
99
Simpsons Ltd class B
6% May
Jan
Jan
10c
Steel
Mines,
Denison
East
Silverwoods
Jun
1.50
72c
Sigma
"t.o. 5 "
Petroleum
Davies
Dome
5 !A
37%
111
99
1
Jan
2,150
38c
45c
50c
Feb
1.30
70c
Gas
4,000
1
Creek
Apr
6%
20
80c
15,800
Consumers
3'Ac
1
Jan
123
Jun
37
Antonio
46c
28,100
37%
3'Ac
81
Apr
83c
———5
100
10
25c
Jun
Jan
Apr
2c
100
.__1
Industries
Jan
115
Jan
90c
1.25
60c
1.60
__
90c
6'Ac Feb
60c
1.60
100
3'Ac
72c
Smelting-
Long Lac Gold Mines
Mar
75c
Consolidated
172,200
60c
1.60
1
3c
65c
10'A
13'Acl5'Ac
14c
Jan
Apr
Apr
5'Ac Jan
1
East Dome
Rouyn
Shawinigan Water & Power
5%
7%c
*
1,000
1,000
:, 23c
9c
1
Jan
17'A
6'Ac
81
26c
8c
,
1
—
14'A
20
7'A a
Corporation
9'A Apr
71c
Petroleum
26c
__
81
Premier Metals
82c
Bakeries
48c
1
Premier
4,308
1.05
trust
Jan
5%
1.00
Voting
Apr
1
Consolidated
61'Ac
5,140
1
Powell Rouyn Gold Mines
140
18%
1.05
Jan
Jan
1
Commonwealth
9,790
75c
1
May
Will
—
78c
64c
1
28
Cochenour
Chesterville
68c
—
Jan
-
1.04 Jan
52
100
preferred
100
5%
—1
Porcupine--
75c
81
50c
Mar
73'Ac
500
Jan
May
475
1,183
81
—
Rico
Power
*
7
1
Pat_
Pioneer
Porto
Feb
85c
41
38c
95c
1.06
Feb
18%
5'A
Securities
154
320
2,700
115
-
115
—-100
25
preferred—
Credit
Jan
24%
Apr
17
—
May
140
33c
38c
90c
'
Jan
23c
Apr
May
44% 45'A
Jan
343/4
Apr
95c
Jan
9
1
Mines
57
,
19'A May
15
40
-—81
Canners
7'A May
28
8'Ac
45'A
__
Jun
4% May
l
Gold
29%
25'A Mar
20
17'A
60
24,600
99
Pickle-Crow
123
7
20
30
Perron
142
—
Canadian
Central
Jan
•
26 »A
6
29
lie 16»Ac
__
Jan
45
Apr
*
87
75
*
200
Tubes
Malartic
74% May
75
121
8'A
#
Page-Hersey
50
75
Feb
20
Can
Class A
1.20
Oils
31'A
141
Preferred
Canadian
8'A May
Pacalta
10
36
100
Commerce
May
8'A
May
29c
4% May
8'A Apr
81
50
36
*
14
25
*
Preferred
4'A
36
123
2.80
2%c May
4'A
1
Pamour
15c
common——;-.9
of
_______
Nickel—
Mar
—0
Bank
Canadian Breweries
Central
Orange Crush, common
Apr
lc
.
4'A
—1
91c
81
B
Canadian
Ontario
Oils
2,150
50
Wire
Canadian
"
Feb
Jan
7
Apr
4'A
20c
65
May
39'A
1
Omega
2c
——100
Mort
Preferred
Class
Okalta
Jan
81
>
Packers
Canada
Apr
61c
4
181
___81
Normetal Mining Corp
O'Brien
Gold
—
29
800
42
*
Noranda
12'A May
4'A
39'A
14'Ac
10c Jan
3
Apr
1.40 Jan
Jun
20c
5
Nipissing
Jan
36c
1.90
42
—_l
Apr
13'A
•
59
1
Jan
81
Malting
Corp
Jan
2c
81
Cement
Car
16
4'A
13c
100
7,750
__
Jan
,
Mar
500
60
29c
*
Steel
22
1.70
16c
59
.
45'A
1.04 Jan
2%c
Jan
Mar "
81
Naybob
18
Mar
16c
__
Jan
May
27c
__
Jan
12% May
95
Apr
2
95c
29c
National
Feb
750
6%c
100
81
Jun
21,650
36
4,395
National Sewer Pipe class A—
12%
49c
Jan
3'A
Apr
May
May
,
1
common-^
18
_1
Oils
Grocers
10
v
3
1.24
Apr
10'A
74
■>
55
42c
2»A
::
1,600
3
1.02
100
Corp_
19 'A
*
"
Steeel
Calgary & Ed
Jan
Apr
Mar
8c
3
1.20
__1
123/8
—*
Burlington
6'A
4'A
13
8c
__
•
—
National
__
_♦
Knitting preferred
19'A
1.70
1
*
13'A
0
_1
„r
123/s
-—"
Build Prod—
Lake—
Oils
32'Ac
10
2.22
May
McWatters
May
1,142
Jun
2.75 Jan
;
Apr
lc
Oil
Mercury Mills new——
Mining Corp of Canada—
May
3'/8
50c
common
Jan
9'Ac
3'/a
500
May
478
*
Buffalo
*
228
9c
16
1.50 Mar
54c
1.15 Mar
200
11,900
6.60
4'A
34,450
2'Ac
lc
1,945
8%
1.78
2V»C
40
3,025
15'A
1.48
,
Jan
1,68 Jan •
Mar
68c
Jan
4'A
30c
lc
6c
8%
1.75
25,802
;
63c
9,700
16
46'Ac
1
,
39'A
9'Ac
4'A
54c
2.85
Apr
40
Apr
8%
44c
Jan
1.05
67c
9'A
V
52c
^
—
McKenzie-Red
Feb
12c
1
Buffalo
1
McLellan Gold Mines——
8
7.45
-3,050
15
20
9c
1.50
1,045
9
7.00
1.34
Jan
1,477
Moore
;
1.45
26»A
23%
18'A
'
;,
Jun
Apr
2.02 Apr
6,880
75
Feb
Apr
175
2.40
3'A
32'A
6'A May
142
19%
347
,
19
2.28
12%
May
12c
*
Broulan
20'A
18%
12%
26
9c
19%
19%
__
2.40
74%
45
7.45
"
20'A
1___1
Moneta
9
—*
A
____«
12»A
Monarch
81
Oil—
Jan
Apr
74%
Model
81
Distillers—
&
American
1.35
92c
—_____20
Jan
25
5
Traction
Brewers
British
4,360
preferred—100
Mclntyre Porcupine Mines
5
Preferred
McColl-Frontenac
Jan
1
;
Bralorne
1.07
Fields——
Massey-Harris
Jan
*
Bonetal
1.03
Lake.,
Gold
8
27
9'Ac
Jun
1.05
Maple Leaf Milling—,
10c
2,900
27
__1
:
_
Feb
58c
MacLeod-Cockshutt
150'A
133
6c
*
"B"_.
10%
38'Ac Feb
—*
Feb
'
Blue Top
6'A Mar
20,650
A—tW,
6'Ac
'
315
58c
—__1
Malartic
High
8»A
50c
*
94c
■
Apr
Low
7%
58c
B—
Madsen Red
Range Since January 1
_____._1
Macassa,
4'Ac Mar
6%
146
^__50
274
255
Apr
,1,250
5'Ac
1
Jan
5%c Jan
Jun
•
70c
•:■■•
Jan
1.47
'
class
Groc
Class
'
High
8
Long Lac____
Loblaw
Low
Sales
Jan
2.65
Apr
3'/2C
u
63A
146
100
preferred
8c
12
Jan
55c
May
225
26
144'
—81
Telephone
Bidgood Kirkland
1.75
65
,
15
8c
3'Ac
1
Beatty Bros class A—
Ribbon
230
15'
1
Gold,,,,.,
Bell
Blue
271
225
__
27
3'/aC May
269
Mar
2,000
;> *.
15
Jan
16'Ac Mar
May
91c
9,700
'
Apr
10c
Apr
7'Ac May
8,800
Jan
5'A
May
34c
290
3 Vac
High
7
21'/a
13,425
\
1.22
3%C
*
Expl—^
Beattie
'
225
50
!
Metals
Base
Bear
'
__
4c
50
/
2.25
1.09
'
Bank Toronto.——_100
Barkers
25
10c
270
1
Lou)
42c
2.25
_*
Aunor
Bankfield Consolidated*:.;;.--..--^--;..
Bank
'
7%C
34c
—81
——
Shares
—3
—
Little
Range Since January 1
pfd—100
100
6%
Paper
Secord
Leitch
Par
Abitibi
for Week
Last
STOCKS—*
May 30 to June 5, both inclusive, compiled from official sales lists
Sale Price
Week's
Range
of Prices
Friday
Toronto Stock
STOCKS-
2175
1.40
<
6,645
1.15
May
1,75
Feb
Jan
.
THE COMMERCIAL & FINANCIAL CHRONICLE
2176
Monday, June 8, 1942
OVER-THE-COUNTER MARKETS
Quotations for Friday, May 29
H-
Par
New York
Insurance
Companies
Life
47
49
Homestead
10
13%
;. 14%
25%
26%
Insur Co of North America
10
65%
66%
Jersey Insurance of N Y
20
28
30%
115
,
Home
Agricultural
————25
Allian.ee————10
56%
59%
American
18%
20%
5
Fidelity & Casualty——5
16%
5
,
—
Fire
,5
_
Lincoln Fire
American Equitable
Amer
10%
8%
Maryland
5%
-10
Home
_2%
of Newark
American
1%
51%
54%
5
40%
43%
Assur.
40'A
American
10%
Reserve—
American
Surety
42%
11%
National
49%
National Fire
!25
Automobile—.
47%
_10
—
30%
.
Mfrs
&
N Y
Fire
10
6%;
—2 %
^Hankers & Shippers
_25
500
—
•
Union
Fire
Amsterdam
New
ASeries
C
6.36
ASeries
D
Oils
6.54
5.94
—
2.73
4.07
New York--—...
10
Connecticut General Life
New Brunswick
10
26%
28%
New Hampshire Fire
10
40'/a
No
Amer
North
Bond
Amer
Series
4.59
Trust ctfs
Trust
17%
18%.
New
25%
23%
North
30%
28%
5
York
.
Class
1.88
1
1.84
Series 1958
Northeastern
-
66c
'
1.49
34c
1
10.54
11.27
10c
4.00
2.39
...S.20 ■.£ 5.69
C—
Series
16.57
'
10%
U S El Lt & Pwr Shares A—
-
1.04
B
Quarterly Inc Shares—
1
-
12.06
-
13.32
v
4.75
'
2.69
Investment Banking
Scudder, Stevens & Clark
Inc_
Fund.
;
*
72.21
Amer Shares—
2V2
6.59
7.18
Income
1
2.98
Shares
—
.
Corporations
73.67
Selected
A Blair
&
Boston
AFlrst
—1
Co.—-
43c
28c
- ;
Corp_^^_„_l_10
■".?
9%
8%
^
.
4%
4
5
58c
Union Bond Fund series B—15.16
29c
Fund
33c
25c
'
10c
(Geo)
25c
B
Trusteed Industry Shares
__l 4'
—
Plymouth Fund Inc
4.00
Trusteed Amer Bank Shs—
1.50
1
v
4.10
1
,—
5.06
36%
«
-
1
20%
19%
_2.50
River
—
1.54
Oil Shares—
ASeries B
Selected
13%
12%
5
Fire_
59.44
!
1.64
1
....
ASeries A
4.49
shares
1953—
Series 1956
42%
•
10
Continental Casualty—-
19%
25%
^
12c
.
1.77
1.
:
Stand
Trustee
3.01
'
Republic Invest Fund———1
18%
17%
2
10c
54.87
—_1
143
138
20
_
_
Casualty.,
50c
Investment Corp
8.95
Putnam
23%
18%
St
5.14
Trustee Stand Invest Shs—
.
Camden Fire——.——1—5
'Carolina—.
10
City of
National
,520
Par
(
Super Corp of Amer AA
Wellington Fund
69
•
7%
6%
2
,
i
5.92
Railroad equipment
Steel
56
,
Standard Utilities Inc
State
5.37
7%
66
100
Boston
t-'.-
54
11.42
5.77
8.14
Railroad
20%
32%
National Liberty
''Baltimore American
19%
10
Casualty
5.88
* Ask
Metals
7
6
4
5.34
stock—
Series 1955—
'
Merch
7.24
Bid
Machinery
2%
-12%
Bonding
Merchant Fire
4.66
equipment
Insurance
3%
7%
■
12
,
2%
'6.62
4.22
6.58
Electrical
8%
1
Casualty
Massachusetts
; American
7%
5
Knickerbocker
8.34
6.01
-'
>
—
Chemical
18%
,
4.16
7.58
—
Building supply_„_
27%
26
111
6.70
"
3.77
stock—
Bank
Ask
10
10
Aetna
Aetna
Bid
Par
10
Surety.
Aetna Casual &
,
6.08
Sovereign Investors
i-1
4.62
Spencer Trask Fund_i-.j.--—10.74
/ "
.
^
Automobile
Ask
Ask
>
v;',/
;
Agriculture
Aviation
Bid
Par
'
Stocks Inc—
Bid
'
Excess
L5
6%
35%
373%
: 41%.
25
National..-.
Northwestern
,^Fidelity & Deposit of Md_—.20
Fire Assn of Phila
115
110
r
Phoenix
'•
Fireman's
q
Fd
Firemen's
of
San
93
:
8%
24%
26%
Reinsurance
5
10
10
37%
39%
Revefe
80%
12%
14Vs
10
....
28%
30%
Reinsurance Corp
Gibraltar Fire & Marine
Republic
20%
17%
;
4%
20%
21%
10
19%
21%
5
4
5
-62%
229
Paul Fire & Marine
&
_5
10
48%
9%
10%
Stuyvesant
5
2%
3%
_5
23%
24%
Sun
■:
,
8
11%
———10
12%
Travelers
U
10
—
22%
23%
10
:
84%
41%
44%
%
10
Steam Boiler..:
Hartford
S
%
10
-,v.
.{..Home Fire Security
t
.Sful
364
354
100
—
Fidelity & Guaranty Co„2
23%
24%
4
42%
44%
U S Fire
Fire
Penn
Safety
50
23%
-
24%
11%
10
'14%
11%
10
Exchange—
45
51,
17%
26%
28%
25
21%
23%
100
143
151
Peoples National—————50
100
530
560
Public National—
100
1080
1110
Merchants
100
135
145
Avenue
National—
Sterling
69
2.50
72
30 Va
10
U S Guarantee
Westchester Fire
New York Trust
31%
Bronx
_
Companies
267
277
—10
35
37
Irving
35
__
___
8
11%
Kings
57'A
Lawyers
County.
20
64%
67
Preferred
10
35
37
—50
38
41
Morgan (J P)
New York
Manufacturers
Chemical
Bank &
Trust
__
Clinton
.100
1_
-
22%
-20
..
.
32%
52%
.100
.25
54%
165
155 ••
63%
Continental Bank & Trust- —10
10%
Title Guarantee & Trust.
-12
30 y8
31%
Trade Bank & Trust
-10
16
—50
36
39
Underwriters
.100
82
100
150
168
.100
'-••66%;
9%
11%
Corn
1015
.'
Exchange Bank & Trust-20
Empire
£
Fulton
:
25%
31
common-
& Co
8'A
Colonial
—
10%
1110
-25
53'A
Central Hanover
,9%
-10
—
County
—100
Brooklyn
219
.100.214.
Guaranty
—100
Bank of New York
.s,,f(K;
•v.oat•
25%
Fifth
Bankers
87%
•.;•':•••.♦ t;;7>.
Hartford
210
180
100
Life Assurance
;
•
National
90
24 %
Commercial National—
50%
2
Indemnity
...
Ask
....
45
50
—12%
12%
36%
25
Standard Accident
—Hanover
1.
50
—13.55
107
103
Springfield Fire & Marine-
65%
.5''Halifax
iv>;■.•
4
6%
:
American—
Great
0..'
34%
—
62%
Amer
6
National
Chase
National Bronx
National City—
9%
15
preferred.:
f-H3reat
Bensonhurst National
Bid
Par
Ask
14%
13%
42
42%
40%
10
Seaboard Surety
35%
8%
Rutgers Fire com—__15
Globe &
2d
33%
5
Republic
10
Security New Haven
Globe
10
66%
237
Island
Rhode
19
Manhattan Co
of
Bank of Yorktown
First National of N Y
Fire_
23
St
Glens Falls Fire.——
5%
2
10
(NY)
Corp
(Texas)
(Paul)
Bid
Par
Bank
r 9%
—J—_5
77%
5
Providence-Washington
:.5
Georgia Home
_
90
25
Fr
Newark-—,
Franklin" Fire—
wjbeneral
!
of
35%
-
Preferred Accident
('.
,
.*
New York Bank Stocks
90
33%
10
——
85%
10
Indemnity Co
53
50%
10
Pacific
-
25
% Pacific Fire
ao
78
120
7%.
-10
Federal 'w———
•U
74
114
12.50
.Northern
38%
L—1—J.
—
1
%
21/2
10
Eagle Fire
Employers Re-Insurahce
-
_
_
_
_
—
United
-
States.
3:
3%
*
20
'
1055
.f-
Ir*
Investing Companies
'4
a
l
li.K
: >
;
Bid
par
5.75
1.76
1.96
10
1
^'American Foreign Investing.lOc
13%
15%
2.25
2.47
9.81
10.75
Affiliated Fund Inc
t.f TAAmerex
Corp
O.StAmerican Business Shares
"
Holding
Bid
4.63
3.41
Obligations Of Governmental Agencies
Ask
4.20
Par
Ask
3.76
6.25
1
IV*
Aeronautical Securities
Agricultural
shares
Automobile
shares—
%%
—May
3%
2
9;'Assoc Stand Oil Shares
1
—1
"'Aviation Capital Inc.—:
Axe-Houghton Fund Inc
5.78
$1%%
4.45
Federal
Chemical shares
4%
4.66
5.13
6.06
6.67
l%s
3.19
3.52
J%s
5.45
5.99
2s
9*62
shares—
■
shares
3.73
4.11
4.22
4.65
Petroleum
3.57
3.94
Call Nov.
2 47
2.73
1% Jan. 3,
2.52
2.79
10
5
Shares..
Industry
Fund Inc
RR Equipment
2.64
11.40
12.26
shares
3.51
Tobacco shares
Inc.—5
1
Broad Street Invest Co
Ltd.—
Fund
Bullock
17.81
19.25
10.07
_—
100.31
101.1
Fund Ltd—— 1
2.40
*
21.64
23.27
Fund——
1
7.80
Utility
Securities com—.100
1730
1830
100
134
139
Preferred
-
.
1
Investment Trust
Consol
AA
i
AA
{
Income
Foundation
Common
Fund
—
26%
100.30
*
Crum
Forster
&
Bid
Insurance Group
1.65
Investment
1.34
Macy (R H)
Co
11.03
23
21
shares
97c
15.57
24%
Electric
3'As
3%s,
Philip Morris 3s
3.37
preferred
1
13.84
-f-.OoDiversified Trustee Shares—
V i. C
—1
2.50
——
(r{Dividend Shares
& Howard—
iSX'j'k Balance Fund
r.ir"<» -Eaton
(tWH Stock
•'''
•»: e>
1942—
2
7.85
Dec
15,
1942-
1%%
12.95
10.57
9.31
10.25
6.83
—;
15,
9.56
—
Sep
11.82
;
—
S*2-,-
7.53
Series
1
Series
S-3_
3.85
4*45
97c
66c
1943
Jun
15,
1943.
Sep
—
15,
Dec
2.35
Loomis
*
68.50
15,
•
10
27.93
MarlS,
69.90
Loomis Sayles Sec
Fund
1
14.95
1
£ 8.82
15.89.
.Common
—'
3'As, 1956
Wisconsin Pwr & Lgt 3%s, 1971
(Mass) _5
ij^/Equity Corp $3 conv pfd—___ 1,
y'yiFidelity Fund Inc
ej-First Mutual Trust Fund
•aVoFiscal Fund Inc—
X CQI Bank stock series
3
15,
1944-
Ask
5
6.59
lh^———.»10c
3.00
•3.60
14.97
16.10
•9.36
——_r
100.28
JMar 15,
—
fDec
19461946 w i
15,
100.5
100.8
100.24
100.26
100;24
100.26
ISep
15,
1944
101.5
JDec
15,
1945——:—
:
•:
Nat.
■
_r.
.
.
'
B
1—...
"General
Bid
Ask
,
,
100.16 100.18
%%
99.16
,99.18
1
% 1'
100.12 100.141%%
Defense Notes—
Certificates of
—
%%
%%
9(119
99.21
100,16;
IQO.IQ ;
Indebtness—
%
1
%
.;
100.30
101
100.15
1
——•
100.17
101.5
101.8
t%s Nov
1,
0.49^«.46
1942
United States Treasury
Mass
Investors
Trust
14%
Mass
Investors
2d
12.63
13.59
4.54
5.08
July 22,
1942——_—
%%
July 29, 1942—j—Aug
5, 1942—————
%%
Mutual
10c
1.33
1.60
Invest
(Colo)
series.—10c
2.24
2,60
(Md)
Trust Shares A__2.
6.74
—1
Fund—
Fund
Inc.
1
>;
series
B
shares
Rates
Bid
7.19
10
♦-
quoted are for discount at purchase
7.591
7.06
Treasury bills—
Jun 10, 1942—
Securities—
2.41
-
.'Ask
2.70
% %
.14.71
3.41
4.16
National
1
4.37
-v
4.72
series
1942—
% %
Aug 12,
19 42—
%%
Aug.
19,
18,
1942—
% %
Aug.
26,
19,
1942—
1942-..
% %
Sept.
2,
July 15,
V
25*25
3.64
3.92
5.64
3.29
5.15
5.05
5.60
s
9.15
9.87
bonds are
Income
•
-
Ask
—
i>;:
—
% %
%%
%%
%%
%%
3.65
4.67
1942_.
1942
.1—.
1942———
1942—— -
Bid
6.22
series
Low priced bond series
23.48
Capital Corp.—
General Investors Trust
Corp———i
Security Series—
16,
17,
Jun
99c
89c
3.20
13.42
25c
Jun
Jun
voting shares
National Investors
3.13
—„„
Bills
21.29
*
14
Bond
c,»'i^'undamenta:i
..
%
% %
1
'
Int. Rate
1945
Mar 15,
19.80
Nation-Wide
•y t Fixed Trust Shares A
—10
V '.^Foundation Trust Shares A—1
/^Fundamental Invest Inc.
__2
,
32ds of a point
Maturity—
100.19
101.3
—
1944.
15,
I
100.17
100.26
%
Jun
stock
102%
103%
104%
103%; : 104'A
7.25;
10c
Maryland Fuhd
■:
-
Insurance
101%
....—
Southern Natural Gas Pipe Line
28.50
S-4
Sayles Mut Fund
3%sl972__
98%
1%%
—
...
1943—w—
1943——:.
1944.——
Sep
2.61
2.65
,
98%
106%
102%
v
Manhattan Bond Fund Inc—
:
,S{Equitable Invest Corp
+Mar 15,
Bid
Int. Rate
'
U
Maturity—
15.82
Jun
14*96
<
.Fund_^
-
25c
•
K-l
'
Quotations For U.S. Treasury Notes
23.21'
7.14
„
—
•
102%
1962—
14.43
K-2
Series
'
—
D
B-4
Series
Fund—
:S r.:Delaware
B-3—
Series
'
<
98
98%
106%
1949
1972—
Figures after decimal point represent' one or mor?
28.42
25.90
B-l___
B-2——21.14
Series
26%
Ask
105
104%
Public Service Elec & Gas 3s 1972
8.00
Series
Insurance—
I
4 Bid
1
16.93
7.81
Series
111%
AT
129
1.07
10
America
Series
118%
'.•},€8Cumulative Trust Shares—»
W. 18
•'•V
108%
110%
127
71c
1
of
Ask
102%
102
2%S 1952
Distillers
Penn
10.06
64c
Investors Fund C
—1
shares
B
ACommon
110
1961
1946
Public Service of Indiana
1.98
i_10
100
'i'.O.
108'A
—1947
3s
101.2
13.10
Ltd—
Aviation Group shares
Bank Group shares
1.98
100
101.4
Quotations For Recent Bond Issues
12.18
1.61
——5
Securities
1
preferred
101.1
Issues
U S Conversion
Panama Canal 3s
1.21
Natl
Institutional
1
Forster common—10
&
ACrum
S Housing Authority—
!%•% notes ——Feb
1,1944
Other
1943 at 100% —
Keystone Custodian Funds—
V;A 8 r!o
'
2.47
1.11
10c
Independence Trust Shares
1.71
mod
U
0.80
1944—
Inc
,
incorporated Investors
1.65
Series ACC mod
:
24%
<-1
Accumulative series
Series
100.16
100.2/:' 100 4
10c
5c
1
3.29
,—...——1
Corporate Trust Shares
Series
3.03
1
Commonwealth Invest
•
U S Conversion 3s-
1942 at 100 V*-
16,
Cent 111 Pub Serv 3%s, 1971
Christiana
100.9
100.14
3.40
2.22
shares
Holding Corp
8.44
Inv
0.90
May 16, 1943
2s
3.00
Century Shares Trust
Chemical
0.70
0.80
Federal Natl Mtge Assn—
Call Jan. 3,
100.7
15,1944
11.04
AHuron
<Canadian
——Apr
__
101.3
100.29
100.1
3.87
3.08
Steel shares
1,1942
1,1943
1,1943
Feb
Apr
Mining shares—,—
-
XiVo
Ask
Corp—
--.July 1,1942
Oct 15, 1942
.July 15,1943
—
UV*%
Dec
4%
shares.,
V/s%
0.60
0.70
-
3%
Railroad
100.4
1, 1942
——;
23 8
shares—
1%
100.2
1,1943
15,1945
100.9
—Sep
3%
Merchandise
100.7
Loan Banks—
—
-1
Nat Investing—
ACommon
•
Boston
""
.„
bond
$%s
—Feb
Home
preferred—————5
Bankers
Basic
Equipment.——
Food shares
General
A6%
shares
Electrical
14.24.
8.95
5.25
4.04
Aviation
Reconstruction Finance
Commodity Credit Corp—
Building shares
Bid
Ask
Bid
Group Securities—
Preferred stock series
New
England Fund
>3;
1
*No par
Cash
value,
a Odd lot sales,
included in range
sale—not
b Ex-stock dividend.- d Deferred delivery, r Canadian
x Ex-dividend,
y Ex-rights,
tlir default.
AQuotations not furnished by sponsor or issuer.
for year,
subject to all Federal taxes.
market.;
SThese
Volume 155
Number 4079
THE COMMERCIAL & FINANCIAL CHRONICLE
Week Ended May 30
Inc. or Dec.
THE COURSE OF BANK CLEARINGS
Bank clearings this week show an increase compared with a year ago.
1942
Fifth
decrease for the week ended Friday of
a
10.8%.
Federal
Reserve
Virginia—Huntington
June
,
.
....
...
.
$■,
;
...
3,778,343,617
354,711,090
515,000,000,:
.
City
462,000,000
276,032,874
—
97,926,386
115,400,000
j
Francisco
•
173,754,000
.
182,048,000
r
Pittsburgh
171,885,414 r;
Federal
144,986,646
+
104,003,044
112,106,877
—
Ten
cities, five days—
Other cities, five days
5,376,257,950
1,111,126,603
5,635,361,517
1,018,792,055
6,487,384,553
6,654,153,572
1,297,476,910
-
-
Total all cities, five days
All cities, one day
i.—————!_-
p
Total
7.2
—
+
—
4.6
2.5
.
7,762,998,836
+
*
able
are
the
Des
week ended May 30.
of clearings
87,027'
44,247,626
9.0
35,191,699
28,060,060
242,994,924
199,946,693
+21.5
152,477,243
123,541,094
Reserve
1,921,050
19,380,-000
8,227,362
3d
Philadelphia
4th
Cleveland
5th
Richmond
6th
Atlanta
7th
Chicago
17
2d
York
New
—.
451,982
3,709,515
4,317,699
1,407,963
413,895,485
46,283,534
+
9.5
24,860,966
—
7.7
641,000
603,000
'+
6.3
211,086,167
191,347,500
+10.3
Total
(4 cities)
Ninth
Federal
Reserve
27,260,959
+
2,138,905
+
778,913
772,535
+
679,257
818,648
—17.0
671,247
670,491
2,666,525
+ 11.4
2,824,290
2,757,092
109,800,310
Minneapolis
City
10th Kansas
,
t
44
211,086,167
191,347,500
109,800,310
110,925,248
102,812,583
144,281,033
■■
••
.
75,836,061
O.
+v.
.
V
110,925,248
1.0
87,399,331
New
York
137,806,515
+ 10.3
1.0
87,399,331
32
St.
113,626,866
3.2
55,904,413
2,6
5,176,710,339
4.990,271,690
We
add
now
week ended
our
5,943,602,171
2,682,767,249
+ 11.9
2,223,203,225
2,135,611,575
358,723,802
310,122,617
+15.7
'
305,828,392
340,271,577
1941
%
554,825
Worth
1,839,237
184,908,650
-
Second
—11.1
107,003
527,294
144,281,033
+26.7
111,741,795
i
9.4
504.199
588,572
+
0.8
304,537
320,685
+ 18.4
1,217,970
113,626,860
V-
1,232,658
1,277,702
0.1
43,018,000
33,922,017!
+ 22.4
6,243,177
2,031,000
6,359,747,
2,469,000
+ 10.0
58,771,392
793,306
2,586,272
2,414,447
3.2
55,904,413
47,132,098
+
8,138,065
1,785,000
-
1.2
+
841,082
2,740,895
75,836,061
Reserve
District- -San
73,494,404
+
43,590,090
+ 36.7
—
8.2
689,185}
7.3
510,902
546,324
2,981,696
8.7
2,974,530
2,796,730
7.0
1,677,196
10,396,615
10,931,201
1.3
3,991,080
10,627,400
9,390,800
—
13,238,100
—
—
990,479
2.1
-873,444
844,384
39,577,807
+ 22.0
30,269,995
24,478,391
15,732,225
+
0.9
11,694,646
12,189,932
6,475,651
—
2,695,527
+ 140.2
2,191,762
1,981,065
+ 10.6
2,748,598
2,965,695
160,900,284
118,306,919
+ 36.0
123,068,954
127,767,000
2,157,857
Jose
—33.4
528.200
959,763
+124.8
2,148,953
2,801,347!
1,235,958'
3,149,844
4,010,955}
218,781,799
220,915,135
—10.2
—
4.1
+ 9.3
1,062,042
868,259
4.3
1,227,653
2,741,304
+ 11.6
2,233,092
1,994,003
300,323,370
227,443,438
+32.0
210,905,839
207,810,019!
6,099,601,192
5,943,602,171
+
2.6
5,176,710,339
3,000,896,598
2,682,767,249
+11.9
2,223,203,225
4,990,271,690
2,135.611,575
(10 cities).
967,795
31,600,000
830,656
3,057,973
31,700,000
—
569,171
8.0
Santa Barbara
Stockton
Total
+
Outside
i
29,522,354
4,133,992
4.6
San
33,490,660
15,869,391
California—Long Beach
1,760,598
—11.4
2,190,432
li
48,282,248
.
City
San Francisco
4,647,629
"
Francisco—
59,587,575
Pasadena
+
11,736,793
346,091
595,992
969,973
Utah—Salt Lake
+
559,895
2,277,745
+126.1
3,015,348
Oregon—Portland
419,291
259,226,562
+ 29.2
421,921
771,739
Federal
621,035
—
1,334,235
687,777
1,807,000
654,778
373,007
3,068,647
V
9,963,499
Yakima
187,600,768
279,974,416
cities).
78,845,064
lias—
Falls
Grand Total
(12
2,458,044
+ 22.6
152,113
2,348,754
25,501,541
1,486,611
2,571,807
78,229,402
2,321,532
■
1,755,957
+ 10.1
4,587,648
12,630,700
Hampshire—Manchester
Total
+ 20.5
953,956
(6 cities)
Twelfth
520,337
+ 53.0
2,037,344
Haven
Rhode Island—Providence
New
519,253
2,221,165
I
73,022
.
9
219,347,214
10,400,882
Worcester
Connecticut—Hartford
+ 26.5
1,442,641
2,722,147
Springfield
1,747,285
3,154,837
611,276
District—3
Reserve
v
.107,446
182,812,583
Federal
422,611
Bedford
.
103,271,917
3,964,442
666,407
Lowell
New
1939
1940
3,398,746
Fall River—
New
608,534
8.4.,
■
241,463,691
716,408
Portland
+
3,800,978
58,835,834
Wichita
—
126,058,147
City
Washington—Seattle
8.8
'
'
2,402,599
(10 cities)
Total
$
—
90,022,588
23,593,613
Louisiana—Shreveport
1942
Massachusetts—Boston
(111 cities)
New York
Federal Reserve District—New York-
6,635,992
New York—Albany
7,390,651
991,772
Buffalo
1,034,183
42,300,000
Binghamton
38,700,000
7,049,885
Week Ended May 28
Inc. or Dec,
8,261,721
Elmira
698,889
609,811
+ 14.6
458,573
770,801
966,448
—20.2
762,690
3,098,704,594
3,260,834,922
5.0
—23.2
—25.5
+27.1
—19.0
— 9.C
— 0.6
2,953,507,114
1942
866,730
2,854,660,115
New York
Rochester
6,536,444
8,510,386
Syracuse
Connecticut—Stamford-
3,575,625
4,802,577
New Jersey—Montclair_
292,193
360,820
17,467,674
19,195,886
22,039,011
22,165,733
—
*•
6,554,026
5,155,325
-
1941
$
Canada-
650,059
Jamestown
•
8.4
+ 42.5
Dallas
Fort
District—Boston—
Maine—Bangor
■
130,563
2,340,854
Texas—Austin
detailed statement showing the figures for each city for the
$
First Federal Reserve
660,230
88,752
29,383,017
Joseph
Total
May 30 for four years:
Clearings at—
3
+ 19.1
119,589
i
Eleventh
Week Ended May 30
Inc. or Dec.
-1
74,215
41,866,167
Galveston—
H
88,368
;
Colorado—Colorado Springs^
Pueblo
207,810,019
300,323,370
cities
1,983,362
769,944
.;;r
47,132,098
210,905,839
227,443,438
+
20,817,522
1,841,263
•
2,211,086
Wichita
90,022,588
111,741,795
+
22,829,331
1.0
0.8
2,538,574
Missouri—Kansas
122,473,790
+ 32.0
73,494,404
60,766,425
i#,
—
Kansas—Topeka—
123,541,094
348,490,944
+ 26.7
—
2,367,466
55,743,531
2.8
—
2,719,725
2.5
—
City—
-
Hastings
113,134,709
152,477,243
371,593,699
140,983,702
,
6,099,601,192
City
Canada
District—Kansas
Nebraska—Fremont
y
111 cities
Total
Outside
0.1
3,000,896,598
Francisco
12th San
■
Reserve
Omaha
44
44
44
44
6
10
—
Federal
Lincoln
4
St.
9th
Tenth
258,987,896
+ 21.5
■H
2,159,482
(7 cities)
390,609,179
+ 30.2
122,473,790j
7.5
—
'
9
2,953,527,372
—
638,000
140,983,702
2,970,873
276,510,894
.
12,539,647
468,000
3,618,017
Dakota—Aberdeen-
361,456,581
199,946,693
23,096,143!
16,704,376
73,649,659
Dakota—Fargo
3,051,148,528
413,895,485
29,111,326
>+
3,347,216
St. Paul____
+ 12.3
401,721,931
86,200,000
71,836,403
28,028,166
Minneapolis
Total
94,700,000
+14.4
District—Minneapolis-
Minnesota—Duluth
+ 10.7
242,994,924
348,490,944)
'
"1
22,953,475
358,832,598
140,215,216
7
10
Louis
8th
11th Dallas
182,545,227
.
—
50,691,692
454,267,252
3,369,726,742
403,091,005
371,593,699
1,550,19
1,652,58:
1,182,346
0.1
1,085,0
3,759,61
1,148,833
—
Kentucky—Louisville.
Ten nessee—MemphisIllinois—Quincy
4.8
502,848,177
3,952,602
4.4
—12.3
119,600,000
220,915,135
3,206,567,021
392.6Q
283,486,12-
828,297
136,800,000
218,781,799
—
1,072,76
8,053,6
3,164,03
'
8.0
+
,
4,079,05^
17,462,65;'
304,029,878
—14.1
1,473,074
.
1939
$
259,226,562
4.5
+ 31.7
—
1,508,057
401,721,931
45.5
+
1,012,049
1,322,643
8.6
—
337,430,363
Montana—Billings
1940
)
279,974,416
44
3,506,942
362,039
Inc. or Deo.
%
—
9,005,070
5,101,738
cities)
1,448,265
1,078,256
8,858,568
3,043,781
404,863
+
Missouri—St. Louis-
furnish a summary by Federal Reserve Districts:
12 cities
12
44
10
44
7
44
6
44
10
44
5,335,078
—19.9
16,047,000
i
17,810,237
1,170,373
1,332,654
(17
.1,717,909
0.8
1,160,953
;
16,310,000
5.3
5,271,203
19,578,711
Rapids
914,330
1,521,865
5.4
—13.3
+ 13.8
"6,000,000
South
1941
+ 11.0
■+
2,324,289
.
20,615,248
North
—;
1,467,211*
2,016,310
SUMMARY OF BANK CLEARINGS
—
2,598,836
1,318,110
..
Louis—
for Chicago.
Boston
256,789
2,823,743
+ 40.2
2,132,067
Helena
1st
229,333
—15.9
Springfield
followed with an improvement of 26.7%.
At¬
21.5%, Cleveland of 12.3% and Philadelphia of 10.7%.
St. Louis followed closely with 10.3%.
Boston had an increase of 8.0%, Dallas of
3.2% and the remaining two Districts had decreases of 1.0% for Minneapolis and
$
i—14.9
322,241,308
of checks cleared; Kansas City
Federal Reserve Districts
395,822
1,771,364
v
20,429,627
i
Moines
Total
2.497,842
3,377,437
336,647
Rockford
lanta was next with a rise of
1942
+
2,841,523
Peoria
the
—
+34.2
2,484,334
*
Chicago
for the whole country having amounted to $6,099,601,192 against $5,-
Week Ended Mav 30
V-
>
District—Chicago—
For that week there was an increase of 2.6%, the aggregate
In the following we
1,467,414
Decatur
located, and from this it appears that the New York District (including this city)
recorded a decrease of 4.8%.
The best gain was had in the San Francisco District
where there was a 32.0% increase.
At Richmond there was a 30.2% gain in vol¬
0.1%
137,339
48,210,845
Illinois—Bloomington
943,602,171 in the same week in 1941.
Outside of this city there was an increase
of 11.9%, the bank clearings at this centre having recorded a decrease of 5.0%.
We group the cities according to the Federal Reserve Districts in which they are
ume
v + 64.9
Sioux City
'
give the final and complete results for the week previous
to
20,681,073
+58.1
105,906
Haute
Iowa—Cedar
Accordingly, in the above the last day of the week in all cases has to be
-
—38.2
2,442,914
Bend
Terre
as
944,020!
636,320}
15,735,000!
19,636,074:
1,643,56.7'
174,634
Wisconsin—Milwaukee
appear
41,000,000
;
16,771,000
(10 cities).
South
0.3
12,335,047
;
3,862,925
Indiana—Fort Wayne
+ 17.0
54,200,000
.
—37,679,104
Michigan—Ann Arbor
Grand Rapids
i
Lansing
9.1
+ 25.0
+14.3
Louisiana—New Orleans
In the elaborate detailed statement, however, which we present further below
we
jj
+10.7
Mobile—
Saturday and the Saturday figures are not available at time of going
*
'
•
3,473,997}
1,312,678
Mississippi—Vicksburg—
+29.8
1,108,845,264
7,784,861,463
•
113.134,709}
25,991,000
27,264,571
28,779,167
Indianapolis
Total all cities for week.
*
21,931,723}
17,439,556
+24.2
73,900,000
v,
n,500,000
Alabama—Birmingham
Complete and exact details for the week covered by the foregoing will
in our issue of next week.
We cannot furnish them today, in as much
to press.
991,328
61,396,8081
1,119,856
796,231
Macon
4.6
20,009,475
91,100,000
1,959,547
Florida—Jacksonville
0.7
+18.5
—
24,860,343
-
_
Seventh Federal
estimated.
—
;
4,858,359
—L
Augusta
1.1
+11.5
111,735,907
Baltimore
ends
3,642,647
+ 52.5
28,189,866
1,909,000;
26,534,963,
Reserve District—Atlanta—
Georgia—Atlanta
—10.8
145,056,766
Cleveland
week
+15.5
182,545,227
(6 cities)
...
+24.7
+20.8
122,123,847
139,400,000
-
Louis
San
4,205,109
65,326,847
Columbia—Washington-
Nashville
•
St.
137,806,515
+ 27.0
■'^ne5^?r^noxvi1le---_--w-.^--.
274,232,934
Philadelphia
Kansas
+30.2
+ 21.8
-i
%
3,372,116,398 ,/
358,755,667-
:
;
Boston
140,215,216
+ 44.5
1,434,744
•
1941
1942
——
Chicago
9.9
3,555,000
40,992,470
1,822,735
99,641,937
25,390,758
Maryland—Baltimore—
Total
6—
V,"
New York
$
370,887
543,178
2,481,000
34,266,925
1,134,743
75,521,372
23,859,297
5,138,000
Carolina—Charleston..
Sixth
Ended
—13.9
49,935,012
Richmond
District of
716,289
Our comparative
Clearings—Returns by Telegraph
Week
616,785
Virginia—Norfolk
South
for the week follows:
J
i
1939
$
District—Richmond—
'
West
cities of the United States from which it is possible to obtain weekly clearings will
be 0.3% above those for the corresponding week last year.
Our preliminary total
stands at $7,784,861,463 against $7,762,998,836 for the same week in 1941.
At this
center there is
1940
%
$
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 6, clearings from all
summary
1941
1940
%
$
1939
$
t
113,358,300
Montreal
■
Mfin«nrt
89,918,668
+ 26.1
91,856,526
114,480,892
102,395,842
Toronto
85,276,082
+ 20.1
76,955,210
107,914,725
43.059,114
7,131,172
8,135,747
Winnipeg—
60,779,995
5,722,258
3,965,639
Vancouver
37,002,442
17,952,207
—14.1
4,192,525
14,511,391
+ 23.7
15,023,891
Ottawa
36,946,561
27,700,741
+ 33.4
20,751,250
17,086,272
8.3
4,359;452
5,340,278
6.4
2,414,534
4,663,567
+
40,608,985
;
(15,655,678
Northern New Jersey.
T
Quebec
4,069,157
4,438.262
20,015,272
17,052,362
Halifax
3,330,544
3,131,590
20,268,291
21,118,189
Hamilton
5,698,430
6,526,347
—12.7
4,706,004
5,194,240
Calgary
Newark
5,422,637
6,341,339
—14.5
3,681,269
4,033,027
437,397
'
426,757
St.
2,805,687
John
—
+
2,461,580
(12 Cities)
3,206,567,021
—
4.8
3,051,148,528
5.8
342,211
457,942
489,420
—18.5
422,921
417,548
440,829
—22.6
265,012
350,171
1,5
1,129,346
1,097,407
+10.6
351,000,000
380,000,000
—15.6
1,231,158
1,227,773
2,368,937
2,403,043
438,597
465,547
Bethlehem
398,645
Chester
341,099
1,288,961
1,309,083
489,000,000
442,000,000
'1,330,534
Pennsylvania—Altoona_
t
Lancaster
Philadelphia
Scranton
1,122,828
1,838,405
—
New Jersey—Trenton
2,090,428
—12.1
1,002,170
—11.0
897,692
1,532,280
1,560,479
+ 11.6
2,074,331
2,517,236
4,977,668
4,250,267
+ 17.1
3,292,100
3,843,921
5.8
4,067,887
3,423,185
1,465,741
6.9
1,339,804
2,459,500
Moose Jaw
502,848,177
454,267,252
+ 10.7
361,456,581
1,126,919
1,163,191
540,698
+ 10.5
399,599
563,010
836,289
+10.8
910,860
1,089,750
—16.4
540.684
588,675
756,963
+ 30.5
645,587
624,076
185,586
179,816
516.512
+ 22.0
467,272
639,662
779,521
877,273
—11.1
810,787
867,672
221.315
241,317
■
-TH.ntrnirn.'—
Sherbrooke
390,609,179
9.0
630,384
Medicine Hat
+
'
2,749,378
121,406,106
66,273,011
—
9.8
1,895,595
1,023,190
2.1
321,011
1,195,259
3,467,361
+
4.7
2,527,622
2,604,543
Prince Albert
1,723,856
1,001,432
3,630,315
380,677
315,939
+
20.5
302,182
304,300
679,244
985,633
—
9.1
53,625,809
54,634,296
Moncton_
901,918
773,417
+
16.6
+ 20.3
91,196,562
82,362,358
Kingston
641,851
598,253
+
7.3
—
(7 cities)
*>*•*«
+w
u
9,403,300
+
5.3
9,643,300
9,623.500
Chatham
582,538
454,200
+
—
7.7
1,235,857
1,323,949
Sarnia
381,257
385,811
—
2,095,808
3,355,688
Sudbury
153,549,307
403,091,005
Youngstown—
Pennsylvania—Pittsburgh
865,375
926,471
9,902,800
-
Mansfield
740,847
337,775
987,623
1,934,717
2,380,396
166,971,183
Columbus
Total
+ 11.1
Windsor
72,327,502
146,093,445
Cincinnati
476,214
1,215,806
Kitchener
2,480,962
Cleveland
374,287
+
—
New Westminster
Fourth Federal Reserve District—Cleveland—
Ohio—Canton
270,512
+ 57.4
597,442
Brantford
2.5
430,507
Fort William
2,345,100
3,673,500
—
353,807
1,350,659
_
4,151,263
677,465
_
Peterborough
(10 Cities)
1,857,291
344,963
.
_
Saskatoon
■
Total
"J
1,750,046
4,390,504
—
Brandon
Lethbridge
1,377,246
+ 67.8
Reglna—
932,949
1,364,413
6,163,000
York
+ 12.4
2,117,516
'
—
891,929
—
Wilkes-Barre
+ 43.7
1,578,116
2,363,1)51
Edmonton
2,953,527,372
1,773,882
London
3,369,726,742
Third Federal Reserve District—Philadelphia—
1,952,857
Victoria
Total
358,832,598
+
0.7
2,232,060
1,859,524
+
2.1
116,681,711
?
1,269,397
542,399
585,745
28.3
502,458
492,510
1.2
275,328
527,973
•
3.2
1,271,293
1.292,353
+ 15.7
1,311,973
305,828,392
340,271,577
—
107,460,413
+12.3
276,510,894
Total
(32 cities)
""Estimated.
258,987,896
358,723,802
310,122,617
^
.
X»■»
„
w
.*».
■
■ ■*..*
1IN,.*<*.
^
*:'<*«
i#.-
m
•
** '■
f
•
•
vr*
■*
T
CHRONICLE
THE COMMERCIAL & FINANCIAL
2178
-
; '
Monday, June 8, 1942
—=
News
General Corporation and Investment
RAILROAD
declared
directors have
The
Extra Dividend—
Laboratories—10-Cent
Abbott
i
cents per share
extra dividend of 10
an
quarterly dividend of 40 cents per share
common stock,
both payable June 30 to holders of record June
extra of 10 cents per share was paid on this issue on March
in
addition
the
An
on
usual
the
to
11.
31,
Dec. 24,
last, and on March 31, June 30 and Sept. 30, 1941, while on
J941 an extra of 25 cents was paid.—V. 155, p. 2090.
Canton
creation of additional debt will come from time to
and
1939
98,019
56,213
24,424
$143,556
32,268
1,123
$274,734
railway
railway.
from
Net
1940
$171,075
40,908
58,135
from
Net ry. oper. income...
From Jan. 1—
Net
Net
ry.
—V.
income...
1748.
oper.
155,
p.
640,759
180,581
56,493
743,289
247,109
137,767
953,998
396,677
204,601
railway
from
V
364,610
241,125
1,048,381
railway——
from
Gross
etc.
operating revenues
1941
$330,847
291,097
Total
operating expenses and taxes..
'
'
5,431
$46,746
interest
.
Net income—————
$1,686,899
58,877
income
$2,471,540
income
$506,644
definitive first mortgage bonds, 3V2%
due 1972, will be ready on and after June
10, 1942 at the
of the trustee.
Chemical Bank & Trust Co., 165 Broadway,
company
series
office
York,
New
exchange
in
outstanding
for
bonds.—V.
temporary
155,
1593.
1825,
p.
Alabama Water Service
operating
Operating
revenues
$1,228,002
_____
follows:
of
15
April
1,
earnings
Other
$422,828
4,627
$365,956
5,357
.
(net)
income
....
of
.
week
Week Ended—
—
$371,314
,
$427,455
184,321
income
Gross
245,626
VV.V
infcome
$181,829
$186,993
I
.
Balance
materials and supplies, $99,237;
accrued utility revenues, $25,838;
220;
insurance,
taxes,
etc.,
deferred
$27,714;
Liabilities—$6
cumulative
no
par),
first mort¬
gage bonds, 3%% series due 1965, $4,179,000; municipal bonds assumed,
$10,000;
current liabilities, $180,536;
customers'
advances for con¬
struction
($58,381)
and unearned revenue, $75,532; retirements and
replacements reserve, $524,182; reserve for depreciation of electric
properties, $1,075,053; property reserve, $1,291,261; miscellaneous re¬
serve,
$1,377; contributions in aid of construction, $9,338; donated
surplus, $531,200; earned surplus, $155,912; total, $9,676,989.—V. 154,
145,488
preferred
(10,463
stock
(6,000 shares
Sub.
:
declared
have
dividend
a
of
35
cents
share
»
#
Net
profit
per sh.
stock,
common
ments
1941
In
payable
June
with 50 cents
compares
were
follows:
as
30
holders
to
of
record
24,915
1940.—V.
stock,
1941
in
declared
payable
similar distribution
ments
«
Corp.—Bonds Called—
Allied Owners
of $182,000
A total
interest.
1st lien cumulative
of
been called for
have
redemption as
1,
1942
at
July
will be made at the office of Halsey, Stuart & Co.,
Chicago, 111., or 35 Wall St.,
Payment
Net
than
in the
Sales
far
so
Puckett
said,
In
May
are
running at
increase
the
As the month
10%.
than
to
date
much less favorable rate,
a
on
day
a
to
day
before provision for Federal taxes in the first
Profits
fiscal
year were substantially ahead
taxes will be much higher this
Mr.
less
being
basis
the rate of increase is declining.
progresses
of last year.
year
than
in
Although provision
it
1941
believed
is
profits, even after absorbing these additional taxes, still were
those of last year, Mr. Puckett said.
The company reported
above
consolidated
profit
of
$1,597,595
before
Federal
income
profits taxes in the quarter ended April 30, 1941.
Robert W. Pyke,
a Vice President of the company,
director
succeed
to
Joseph
Chapman
of
Minneapolis,
and
was
who
excess
elected a
retired.—
155, p. 1825.
profit
\'t-
.
$6,026
$16,880
fair
in
value
the
of
amount
1941, $3,700 in 1940, and $3,000 in
in
banks,
with
$54,199;
committee
and
market
the
of
or
company
of
executive
committee
of
the
company
in
Quarters Ended March 31—
Total
1942
income
$6,688,756
1,302,269
545,467
A
con¬
2,030,203
1,360,674
820,087
were
charges
Federal
income
33,451
28,039
16,981
602,944
taxes
294,120
as
follows:
Net
profit
$1,393,808
$1,038,515
$675,392
1,268,180
957,875
639,500
1
*
After
Current
U.
S.
-
assets
as
Government
liabilities
securities
liabilities
were
of
of
$125,628
on
of
$80,640
$35,892
$2.20
.__
depreciation
$1.64
$1.05
common.
and
March
March 24,
$6,263,455,
$693,217
1942, including $6,279,732 cash and
amounted to
$9,215,857
and
current
31,
current
March
31,
155, p.
assets
1941.
:,-'V
1669.
of
$8,607,861
Inventories
and
were
current
$1,951,383,
ly—Following the approval at
the
an
a
special meeting June 1
increase of $150,000,000 in its
company
concluded
immediate
ar¬
rangements to borrow $30,000,000 from three insurance
of
which will remain in K-T at the time of the proposed sale of
interest in K-T to the Tennessee Valley Authority on or
Associated's
June
1942.
1,
of
dispose
to
order
its
share has been declared on the 7% preferred
accumulations, payable June 24 to holders of
distribution was made on this issue on
per
the
Payments in 1941 were as follows:
■.
)
assets
other than
dividend of 50 cents per share on
the
payable June 15 to holders of record May 28.
A
March 16, last.
Payments in 1941 were as
June 14 and Sept. 16, 75 cents each; and Dec.
An extra of 20 cents was also paid on Dec. 30, last year.—V.
like
fol¬
directors have declared
capital
amount
p.
a
stock,
was
March
1007...
.
paid on
15,
;. /..•,
-••••
.
15,
155,
following
Associated
'
steps:
will
"
-
.
surrender
to K-T,
for cancellation,
mortgage 5% bonds, due 1954) in consideration of the credit
Associated, an open account to bear interest at the rate of
of an amount equal to the principal amount
accrued interest thereon to the date of surrender.
Tri-City Utilities Co.,
to
all
has been
elected
a
Refining Co.—New Vice-Pres.—
company's Federated Metals
Smelting &
Vice-President of the American
Refining Co.—V. 155, p. 1594.-
.
v,
y
' ^ J v
.
\
by K-T
5% per
of said bonds, plus
<
the new corporation, proposes to acquire, prior
the properties and other assets and to assume
the liabilities of K-T, except the southwestern electric properties
31,
May
1942,
all
applicable thereto, which have not theretofore been sold
K-T.
In consideration of such transfer to Tri-City
or more of
said properties, Tri-City will issue and
Associated
and Associated will purchase such number of
common
stock of Tri-City, having a par value of $1 per
and liabilities
k
Edgar L. Newhouse, Jr., President of the
division
all the presently
(consisting of $5,519,400 first and refunding
annum,
or
American Smelting &
the south¬
Tennessee
similar
Dividend—
remaining
properties prior to the sale of its interest to the
Valley Authority, a new Kentucky corporation will be formed
by Associated, and K-T will transfer such of its properties to the new
corporation as K-T has not, prior to June 1, 1942, sold and conveyed
to other purchasers.
The parties hereto, therefore, propose to take
electric
western
Dividend—
March 7, $2: June
$1.75 each.—V. 155, p. 2090.
disposition
the electric generation, transmission and distribution,
miscellaneous properties located in southwestern Ken¬
to
$1.
by the stockholders of
last.
A
American Meter Co.—50-Cent
The
lows:
-I /
Aluminum Co. of America—Sells Debentures Private¬
indebtedness,
tucky,
liquidation of K-T further contemplates
of all remaining properties and assets
partial
of
other
or
outstanding bonds of K-T
$1,062,853, compared with cash and U. S. Government
against $1,482,226.—V.
9.
June
19, $1.50, and Sept. 25 and Dec. 24,
depletion.
securities,
account
on
record
some
except
related
and
In
Co.—Accumulated
of
its interest
of
program
K-T,
before
Locomotive
A dividend of $1.75
stock,
Surplus
Earnings per share
share on the
made on March 31, last.
29, $2.—V. 155, p. 2002.
American
Dividends
of
127,714
Dec.
divest¬
has a program for the
of and
necessary
disposing
by
sale
the
30 to holders of record June 15.
Payments in 1941
March 31, 50 cents; June 30, $1.50; Sept. 30, $1; and
similar distribution was
dispose
interest in K-T.
Due to its inability to find a pur¬
entire interest in K-T as presently organized.
filed with the Commission.
stock, par $10, payable June
common
Properties
last
for K-T to adopt a program of partial liqui¬
units of its property before Associated
in K-T.
As a step in the program for such partial liquidation of K-T prior
to the sale by Assoc'ated of its interest in K-T, K-T has contracted
to sell certain of its properties located in the City of Frankfort. Ky„
and environs,
and certain other of its electric properties and re¬
lated* assets, declarations with respect thereto having been previously
Co*.—75-Cent Div.—
The directors have declared a dividend of 75 cents per
$8,053,854
1,968,589
_
—
Income
*1940
1941
$10,453,003
.__
"■Operating income
share on the
1.
This com¬
last, and $1.50 on July 15,
had
Corp.
to
desires
dispose
The
Steamship
Electric
&
has proved
could
with resolutions passed by the board of directors), Dr$24,826;
$780,808 —V. 155, p. 735.
American-Hawaiian
Co.—Pays $3 Dividend—
par
who would buy its
dation
formity
Alpha Portland Cement Co. (& Subs.)—Earnings-
$247,998
properties.
It
applicable to prior periods, $1,968; common stock (10 cents .par),
$8,333; capital surplus, $773,451; earned surplus, $2,997; excess of costover
market or fair value of securities owned (market or fair value
the
$263,865
announcement
with
Gas
chaser
payable and accrued expenses, $2,862; provision for accrued
$1,853; provision for Federal income taxes (subject to
U. S. Treasury Department), $10,200; provision for taxes
by
120,519
$41,740
June 5 paid a dividend of $3 per
value, to holders of record June
on
no
ment of its entire
taxes—general,
determined
stork,
Associated
total, $780,808.
review by the
as
$368,5i7
110,532
month that trustees of the Asso¬
reached initial agreements for the
sale of Kentucky-Tennessee Light & Power Co. " for a base price of
$7,000,000, the Associated Electric Co., parent of Kentucky-Tennessee,
has filed an application with the Securities and Exchange Commission
covering several transactions to be effected.
The proposed sale is
another step in the program of Associated trustees to simplify the
corporate structure of the system and develop an integrated group
Liabilities—Payable for securities purchased but not received, $3,971;
accounts
$374,397 ~
27,952
1749.
p.
line
In
resolutions
$1,131; deferred charges, etc., $578;
$539),
$69,692
$42,892
company
ciated
passed by the board
of directors,
$720,253; accrued interest receivable, $4,387; miscellaneous accounts
receivable, $261; furniture and fixtures (less reserve for depreciation
of
$70,064
other
&
Associated Electric Co.—To Sell Kentucky
$19,564
1942
1939.
owned—at
securities
executive
$340,387
28,130
with $1 per share paid on Dec. 20,
1940.—V. 151, p. 3737.
Sheet* March 31* 1942
by the
$371,939 ?
2,458 "
pares
Cr21,681
i
in
$1,405
-
$68,825 '
867
Arkansas Western Gas
The
tAfter provision for Federal taxes of $10,109
determined
as
conformity
in
'i
511
J
income
common
::
received
dividend
1
$69,553
(net)
interest
154,
'v
1
,
27,172
income
Net income
1939
Crl3,275
$17,198
-
deductions
*$11,899$5,210
8,293
7,325
7,972
v.
'
"
.
1940
1941
Cr2,771
*
—
$1,750 in
1942,
total,
Net sales
7i*s-
income—
operat.
Total
—V.
>;
,
Crl7,706
(net)
securs.
Assets—Cash
quarter of the
the
on
1, 25 cents
and July
1
*$11,226
Balance
months ended April 30 were approximately 20 %
corresponding period last yearV B. Earl Puckett,
the three
in
...
from
realized
♦Includes
•
Sales
*
1942
$1,033 in 1941 and 1940.
in
President stated, at the annual meeting of stockholders held on May 25.
share
per
*$7,457
7,964
—
Al)iod Stores Corp.—Sales Up—New Director—
greater
April
2,
f-
expenses
of
sales
1.
100 and
Ine., paying agent, 201 So. La Salle St.,
N. Y. City.—V. 155, p. 1748,
cents
50
of
318,542
:
•*'*'
1942—12 Mos.—1941 H
$1,698,824 $1,485,572
"»
' '
.
290,120 " 1,326,885' * 1,145,184
1942—3 Mos.-r-1941
$388,095
$359,545
•
, '
expenses
>7:
of record June 16.
Jan. 2 and on April 1, last.
Pay¬
Jan.
-
earned
t Profit
income bonds due
of July
.•
holders
to
1
on
follows:
3 Mos. End. Mar. 31—
Interest
'
♦
......
Corp.—Earnings—
Power
revenues-
operat.
and taxes
$24,390
• $0.09 '
•
American Foreign Investing Corp.—Earnings—
Operating
1958,
$51,475
>$0.19
$65,018
$0.25
dividend
a
July
made
was
as
were
,
V
155, p. 1008.
operat.
Total
each, and Sept. 30, 50 cents.—V. 155, p. 1115.
,
.
paid each quarter since
been
Period End. Mar. 31—
Total
Gross
Pay¬
155, p. 2090.
7
Net
have
directors
common
_
dividend of 25 cents per share
.record June 9. A
and including Dec. 17,
28 declared a
May
on
has
Arkansas-Missouri
155, p. 1500. g
The
'
Co.—25-Cent Dividend—
stock, payable June 19 to holders of
capital
amount
American Crystal Sugar Co.—50-Cent Dividend—
April 15, July 2 and Sept. 30, 50 cents
each; and Dec. 22, a year-end of 75 cents.—V.
the
Other
10.
share paid on March 31, last.
per
directors
The
..
$240,160
$0.92
com.
on
Dividend—
May
on
stock,
155, p. 2003.
$1.—V.
on
$49,305
24,870
,1
'
V.
$76,345
22,314
last
1938'
'
39,154,000 39.542,000
43,150,000 37,701,000
44,616.000 38.603,000
42,790,000 36,060,000
7• 7'7'7
51,331,000
51,895,000
52,597,000
49,369,000
62,196,000
62,098,000
61,948,000
59,994,000
'7
Andes Copper Mining
10,100
22,114
■
,,
——
Earns,
—V.
on
June
per
'
divs
'
'
directors
the common
22,
$39,203
21,900
,V
$262,274
_
preferred
the
directors
The
This
for
$54,445
23,400
$87,332
31,200
Profit
shares
par), $600,000;
no
A
that
''
$63,932
$231,074
1939
1940
of
adjustment
reserve
Allegheny Ludlum Steel Corp.—Dividend Decreased—
;
*
i
28 declared a dividend of 50 cents per share
payable June 29 to holders of record June 9. A
like amount was paid on March 23, last.
Payments in 1941 were as
follows:
March 24, June 23 and Sept. 22, 75 cents each;
and Dec.
$590,908
458,499
81,458
11,746
...
lCr,577
taxes—
Profit
Credit
1001.
the
$571,849
435,834
81,500
70
444,492
50,330
'7 ''."*
Copper Mining Co.—50-Cent
Anaconda
1939
$547,438
43.470
g
;|
$569,331
49,531
income
•
Electric Co., Inc.—Output-*-
:
1941
1942
16——
on
$9,676,989.
total,
$1,043,600; common stock
p.
■
,
"
weekly output of electric energy for the
;
•
•
>
1 , ;
23—„
like
$322,252;
charges,
t.
.
.
665,442
etc
Depreciation
Assets—Utility plant
(including
Intangibles),
$8,769,014;
invest¬
ments, $41,088; cash, $276,618; accounts and notes receivable, $105,prepaid
.
$1,091,535
int.,
1940
$521,786
50,063 *
>
72,053,000
70,495,000
71,055,000
May 30
70.068,000
—V. 155, p. 2091. • ;
May
Subs.)—
(&
Corp.
1941
$517,864
51,467
1942 |
.
income
exp.,
Federal
Sheet, Mar. 31, 1942
____
•
Total
Sell,
Net
of
9—„
May
May
.
.
$1,030,858
60,677
profit
income
V-
1007.
155# p.
'
table
follows:
years
The
Quarter End. March 31—
Operating
V.
See
1941.
of
five
and
and Oct. 1, 10 cents each;
.' f l.'- •'
Alcohol
Dividend—
regular
a
of electric energy of the electric properties of this company
30, 1942, totaled 70,068,000 kvh.. an increase
16.80% over the output of 59,994,000 kwh. for the corresponding
of
per
Commercial
American
Other
Interest., etc., deductions
stock.-
common
declared
3
American Water Works &
Earnings—
Net
June
on
Output
Corp.—15-Cent Preferred Dividend
cents; July 1
155, p. 1007.
25
15 cents.—V.
24,
8,333
for the week ending May
N. Y., has been appointed Manager
Atlantic division.—V. 155, p. 1913.
cents
.
$162,168
1670.
p.
directors
the
on
share has been declared on the $3
cumulative preferred stock, no par value, payable July
1 to holders
of record June 15, on account of accumulations. A similar distribu¬
tion was made on this issue on April 1, last. Payments In 1941 were
$1,133,456
710,628
862,045
and taxes
expenses
$319,761
Bronxville,
of
for this company's
dividend
A
Dec.
Total.
Baselt
C.
1941
1942
1,240,067
Co.—Appointment—
American Capital
as
Co.—Earnings—
Years Ended Mar. 31—
Can
/"•
$174,951
LS.
Comparative
that
announces
;
;
' * \
$0.89
$0.64
$0.58
$0.41
Note—The company was formerly the Amerada Corp. and the earn¬
ings for the
1941, 1940 and 1939 periods are for the Amerada
Corp. and subsidiaries.—V. 155, p. 45.- - •
American
155,
1941
$170,501
21,571
■
quarterly dividend of
60
cents
per
share on the common stock, par $25, and the usual
quarterly dividend of $1.50 per share on the 6% non-cumulative pre¬
ferred
stock, par $100, both payable July
1 to holders of record
June 11.
Like amounts were paid on April 1, la6t.
On Jan. 2, last,
an
extra of 40 cents and a quarterly dividend of 60 cents were paid
sh. on no. of
F.
The
1,560,141
$459,421
1,465,975
$698,287
and taxes __——„—i— _—
income
The
1,773,253
——
American Snuff Co,—60-Cent Common
outstanding—
Research
Power Co.—Definitive Bonds Ready—
—V.
i
shares
income-.--——
Net
$1,559,828
$2,019,562
$1,972,619
7 ; 7
1942
$196,522
• •
3 Mos. Ended Mar. 31
$1,186,738 '
373,090
332,663
302,439
$161,039
Earnings of Company Only
i
$463,478
'
$200,311
—,
—_„
Total expenses
$435,358
28,120
deductions—v 292,955
other
..
1,276,281
$1,373,201
937,843
$493,266
and
interest
-.-..1941
,
$465,226
28,04V:
—-i
——-
income
Gross
Total
$1,853,945
118,674
-—~
income
(net)
Net income
1939
$2,463,019
$2,412,663
Earns, per
154, p. 1001.
v" Alabama
-1941 V"
1940
$3,204,257 $3,045,562
income
taxes—.
<
$1,522,974
1,057,748
,
and
expenses
operating
Total
(& Subs.)—Earnings—
1,358,663
Deprec., depletion and
drilling
expenses—
$19,057
V'
—
deductions
etc.,
23,903
$22,845
■
before
Income
$42,960
23,901
Income
Interest,
$39,750
3,209
$41,315
operating income
Net
Net
Other
1942
.
revenues—.
operating
time
,
1,350,312
Net income—
Other
Total
general corporate <
the company's
1,794,410
Operating income
Total
1942
$368,574
327,259
12 Mos. Ended Mar. 31—
■
,
-
3 Mos. Ended Mar. 31—
Total operating
of
;
Subs.)—Earnings—
American Public Service Co. {&
7
i
expansion
;
$4,207,072
income
oper.
Other
1
for
Quarter Ended March 31— 1942 I
Gross
Oper. and admin, exps.,
taxes, lenses, rentals,
Corp.—Earnings—
Total
used
Amerada Petroleum Corp.
,
Alabama Natural Gas
be
to
producing facilities.—V, 155, p. 2002.
1941
$238,061
98,487
1942
April—
Gross
expected
are
MISCELLANEOUS
-
.
by action of the board of directors.
Proceeds of sale of the debentures will be added to
Youngstown Ry.—Earnings—
&
INSURANCE
-
companies in the form of 15-year 3% unsecured debentures.
The
borrowing
arrangement, was
negotiated
through Mellon Securities Corp., Pittsburgh.
Actual
funds
Akron
INDUSTRIAL
PUBLIC UTILITY
-
(
,/
.
>
•
'.. \\
7
•
disposed
by
K-T
of
deliver
shares
share,
to
of
as
.(it:
by
one
equal
will
l'
i
'
the
-
j:
aggregate
'■!
JM-.i I
purchase
/
f'
• :>
price
be
to
i
paid
t '}■■ I
>
for
v"
THE COMMERCIAL <3c FINANCIAL
Volume 155 ;'- Number 4079
such
properties
to
Associated
in
Concurrently,
Tri-City,
by
will
Associated
stock
common
credit the
amount
an
to
equal
receipt of
the
with
account
open
the
par
owing
said
by
(Including Baltimore
Period Ended April 30—
Associated,
jiv
:
In order* to provide Tri-City with cash working capital, Associated
proposes to subscribe to and purchase from Tri-City," for cash, $100,000
par value of common stock. *
'
t
Associated will, in accordance with the terms and provisions of the
agreement between Associated and Tennessee Valley Authority, there¬
after sell and tr&nfer to the Authority all the common stock of K-T
and the balance of the open account indebtedness then owing to Asso¬
Tri-City
thus
purchased
Baltimore Transit Co,—Earnings—
,
K-T
of the stock of
value
by
Operating
revenues
Operating
yv
Coach
expenses
$1,612,884
1,201,875
2179
Bigelow-Sanford Carpet Co,, Inc.—Earnings-
r
calendar Years—
Co.)
1942—Month—1941
—.;
CHRONICLE
Net
1S42—4 Mos.—1941
$1,239,152 " $5,937,141
928,841'
4,649,860
sales
$4,659,298
>. 3,738,075-
after
other
and
1941
1938."—
1939
1940
4
cash
discounts.
$39,251,161
Cost nf sales, excl. depr.
$27,628,360 $25,038,398 $20,521,857
27,880,550
19,357,998
17,566,947
17,541,469
5,265,715
4,455,107
3,811,159
3,511,243
.
.Sell., ship. & gen. exps.
•
ciated
from
'
K-T.
v
Taxes
$310,310
$1,287,281
290,766
152,576
914,004
...
$921,224
Operating income —1
income.
$120,242
$157,735
$373,278
793
1,327
5,191
$159,062
$378,469
Non-operating
,
•of
mation
•
Grofcs' income'
a
of
Fixed
Valley Au¬
Associated
,to cause Tri-City to dispose of all its properties at the earliest possible
date, and negotiations will presently be conducted .with, prospective
purchasers with respect to such properties.the
thority.
It.
agreement between Associated and Tennessee
further stated that it is the intentioa of
is
Stock Exchange Plan—
'The
'
\
,
-V.
Int.
$411,268
/
Associated
with
the
Electric
and
&
Associated Gas & JE)ectric .Ca,-~-Weekly Output*—,
The trustees of Associated Gas & Electric Corp. report -for the
'V.
May
155,
29.
electric
net
Macy
Basic
',
>
rstock,
of
5%
fund
sinking
Electric
Co.
of
$160,669.
be
used
155,
cents
payable
May
on
28
announced
L.
notice
days'
30
gave
that
on
due
by
March
of Associated Gas
1986,
15,
share has
per
15
June
16,
last.
16,
Sept.
\
-
been
holders
to
March
on
Calendar Years—>
.
.
for
taxes
15, 1942 (including interest)
ministration
f
15
of
record
—V.
-
155,
$4,578,086
$2,337,057 $16,054,128
f I Total
<
15,
Dec.
in
20
common
*$1,491,033
490,000
150,000
—
$2,075,243
$2,180,345
A
5.
1941
iike
were
'
4,466,519
$2,975,487
158,418
158,418
1,254,436
*
.
940,827
;*• Earn. surp. end of yr.
1938
of
no.
stock
shs.
$5,132,834
*
of
/
outstdg.—
1,267,293
$1,274,224
profit
1,163,137
77,470
Net
998,082
76,666
63,196
.
$426,606
$482,661
47,965
88,606
39,092
$1,322,190
$515,212
$521,754
$388,693
6,588
10,858
9,979
7,848
$347,639
•
*1
t
,,
"
.
-
$4,501,385
$3,525,386
•
-
v.--
t
313,609
$6.01
313,609
$6.11
Of
'*$5.26
for
the
First
.
Quarter
Gross
profit
'
•
•
April 4, '42 Mar. 29, *41
sales—
——
-
.
$8,104,083
10,036,276
—_
5,884,760
$3,366,589
$2,219,323
expenses
1,279,377
1,234,430
_
$2,087,212
—-————
—
shipping and gen. and admin,
Selling,
313,609
\
$6.45
V^^I-"•;?-".-rV)::I""•;<V•-.
Earnings
-
$2,896,273
sales, after cash and other discounts...$13,402,865
Cost
41,053
'
'
\wtU_
'1,000,000
—:
313,609
share——
per
•
...
313,609
•
—
$1,408,917
79,732
79,209
237,627
•
,«•
——'
—:
"Loss.
1939
2,896,278
$5,076,623
.
Earnings
$1,722,465
3,525,386
$5,600,630
dividends
Average
1940
1,594,613
—
*$1,491,033
4,501,385
dividends—^
inventories
■C'rii'-
i'--.
$2,044,303
for reserve for
as
each.—T
cents
.
.
$6,545,688
Approp.
Income
.i.e.;
$7,635,478
Operating profit
Expenses of idle plants—
Depreciation
__
deductions
for
Prov.
_
.
Federal
taxes
1
18,828
16,450
*707,000
75,000
69,000
50,000
$598,623
$421,505
$402,355
338,820
profit
Dividends paid
341,840
'316,354
171,695
Provision
Net
'
•
Surplus
>
Shares
$259,803
$79,665
$86,001
for Federal
(Earnings
416,600
425,500
429,200
$1.43
$0.99
$0.94
Preferred
446,100
share.—
per
$0.72
revenues-'——.
'
Operating expense and taxes——C————
3 Mos. End. Mar. 31—
I
1942
profit—
dividends
dividends
Earnings
'
paid——
19,872
;
$776,062
$184,621
907
1,800
3,921
2,663
——
Total
$6,470,808
5,196,466
Balance
Comparative
Notes
-
w • $1.43
April 4,'42 Dec. 31,'41
>$1,641,075
(less reserves)._w
unexpired
and expenses
„——
$1,359,503
7,990,778
5,592,890
14,678,038
14,827,905
9,144,893
9,225,418
1,126
...
141
deferred
—
356,891 ' ;->:319,441
$33,812,801
$31,325,294
$2,500,000
—
$2,000,000
■*'
(commercial paper and bank loans)
Acceptance under letter of credit (secured).
pay.
Accounts
$180,159
tax
•
anticipation
stock
Common
and
State
1,473,579
:2,725,164
2,640,300
2,640,300
15,680,450
(less
U.
15,680,450
V
S.
($100 par)
no
—
shares)
par
surplus
surplus
taxes
notes)—
(313,60.9
Capital
Earned
Dec. 31, '41
22,640
1,794,743
—^
Fed.
"
22,307
3,869,450
payable
for
•
Sheet
Mar. 31, '42
1
,
:
6% preferred stock
Assets—-
$1.36
Liabilities-—
617,000
$154,234
■
■
—
Insurance
income and excess profits
profit
I
♦Equivalent to $0.37 per common share.
I;
♦Land, water rights, buildings and equipment—
Non-current investments and receivables—_
10,321
(net).
313,609
Sheet
Balance
Inventories
$174,300
17,018
Total income
39,604
313,603
313,609
-
-
Accounts and notes receivable
18,929
$759,044
Expenses of inactive properties
39,604
156,804
'
Cash
373,156
income
...
' $490,707
stock outstdg.
common
share
per
300,000
$467,676
paid
Assets—
1941
;
$566,386
Operating profit
1941
,f
250,000
Comparative
469,277
—
Provision for Federal
-
♦Includes excess profits taxes of $700,000.
$1,248,194
charges
199,901
Cr5,715
,
*1,150,000
——
Comparative Income Statement, Quarter Ended March 31
Net
$9,128,601
7,717,535
income taxes
Average no. of shares of
♦Includes $401,500 provision for Federal excess profits taxes.
Other
1,123
...,
contingencies
income
Common
$150,548
Stock—
common
?
Prl2,369
$322,243
?
Reserve for
Net
income and exps._
Reserved for duty on waste sales^
$984,893
206,044
•
—
—
and other non-oper.
Interest
31,571
taxes
1942
—
'
Co.—Earnings—
Twelve Months Ended Mar. 31—
.Operating
$2,670,345
,760,000
1,050,000'
2,030,000
Reserved
V
$2,985,243
-
$5,124,303
3 Months Ended—
income
Other
2091."
p.
Atlanta Gas Light
*$1,501,853
10,821
tax.
Net income----,-—
Earn. surp. begin, of yr.
Preferred
June
Payments
and
inc.
ii?:
Common
the
on
$1,771,370
expense.
Miscellaneous
income
$2,661,848
8,497
I/
Federal
taxes—•_
Fed.
Total
declared
Depreciation
revenues
oper.
11,573
of
1941
Depreciation
♦Gross operating
;
ry.
27
Selling, general and ad-
v
to $147,665.
1942—Month—1941
-1942—4 Mos.—194l"
$25,613,753 $16,378,347 $92,831,400 $59,671,058
'Railway oper. expenses
15,704,067
12,429,004
59,118,396
46,039,917
•Railway tax accruals...
5,287,701
1,696.818
17,813,588
6,191,384
; Other
debits or credits
Dr 43,899
Cr 84,532
Cr 154,712
Cr 195,721
Net
May
$2,948,569
Gross operating profit..
at an aggregate cost
Associated Corp. will
the years 1934 to 1939
Period Ended April 30-—
oper.
$2,973,670
7,503
Excess profits tax
Bamberger
com.
The
Atchison, Topeka & Santa Fe Ry.-rEarnings—^
Railway
bef.
inc.
for
Pro\.
.—V, 155, p. 1503.
Selling, general and administrative expenses
•
.
.
$5,116,801
—
received—.
income
;
on-the
June
disbursed
Operating
1749.
p.
$1,
10
155, p. 1008...
acquired
be
income
inclusive, amounting at May
—V.
will
received
be
Federal
settle
to
[
—r—145,601,
Balance
Belding Heminway Co.—Earnings—
lias
debentures,
income
to
Inc.,
$1,000,000
of
was
follows:
'IV.
Corp.—ToPurchaseSecurities—:
securities
The
Proceeds
140,660
duty on waste
Interest
Re tractor ies Co*—10-Cettt pividcnd-r*
par
'amount
■
been filed with the SEC under the
Holding Company Act regarding the purchase by Associated Utilities
Corp. from The Associated Corp., as associate company* of $359,200
.'3%% income debentures, due 1978, and $948,400 4VzVr income deben•
Corp. from The Associated Corp., an associate company, of $359,200
;&
830,334
154,522
29,282
output
(File 70-548)
application
of
dividend
A
net
Associated Utilities
Co.,
wholly owned subsidiary,
a
payment
AMiscell.
An
&
.^900,000,1 bearing Interest at
2091.
p.
21,151
$396,193
;
mortgage on its store property at
Newark,. N. J.. The remaining .unpaid amount of the mortgage will be
week
of the Associated Gas & Electric
;group was-115,951,729 units (kwh.). This is an increase of 10.443,441
units or 9.9'7
above production of 105,508,288 units a year ago.—
•ended
22,351
$356,117
*$530,859
.,r .
1828.
p.
H.
Co.,
the
.
i
155,
5,466
$153,595
35,857
$3,660,292
843,922
•
—
sales
Net
Exchange
•f
5,766
for
Res.
$417,345
$115,269
income
R.
liver the bonds- to the Pennsylvania Co. for Insurances On Lives And
Granting Annuities
trustee under ar indenture between NY. PA NJ
7and the Pennsylvania Co.
The NY PA NJ will obtain the release of
<1,408 shares of the Keystone preferred stock and the entire common
.stock, both of which now are held by the trustee.
,.'•- The SEC has set June 11 for a hearing oh, the* transaction.-—Vi 155,
,p, 1749.
•
812,302
"
Co.
Securities
$3,815,254
806,638
other non-oper. •
and
expenses
6,076
;
(L.) Bamberger•& Co^To Reduce Mortgage—
and.the NY PA- NJ Utilities Company
Commission May 27 a- plan
for an exchange of stock involving preferred and common shares of
the Keystone
Public Service Co. and the bonds of the Metropolitan
Edison Corp.
•
The-NY PA NJ Utilities Co. proposes to exchange its holdings of
1,572 shares of Keystone $2.80 cumulative preferred stock, (no par),
and the entire issue-of 115,000 Keystone ($1 par) common shares with
Associated Electric for $1,832,500 of 6% secured consolidated refundling. bonds. 1961, of Metropolitan.
~
* ^
As a
part of the transaction, Associated Electric proposed to de¬
filed
$121,035"
y
charges
Net
' ;
;
.
$6,104,897
Depreciation
that, it is.not the purpose or the intention of the parties
corporation which shall continue as such.
The acpuisition
properties by Tri-City is designed merely to facilitate the consum¬
to create
J
Operating profit
509,955
•'
It is. stated
i
■
$411,009
Net .operating revenue
.
504,726
504,726
•
hand, and in transit
tax anticipation notes, and ac-
Cash in banks,
v
•
Operating income
Other
$1,411,066
income—net
$1,274,343
41,042
_
_
43,589
—;
U.
•
S.
Treasury
crued interest
Retirement
•
$1,452,108
income
Gross
accruals
reserve
income
Gross
—_
311,173
'
405,241
247,865
■
$1,140,935
•
deductions
Income
$1,317,931
322,322
•
—
$747,745
•
78.000
660,398
•
.
dividends
Common
-—V.
$735,694
—
———
Preferred dividends
—I
—„—
reserve)
Miscellaneous accounts and notes receivable
Merchandise
inventories,
as
per
books
and
2,530.386
60,936
56,257
valued at
below the lower of cost or market
3,772,940
4,212,303
263,073
Investments
affiliated
in
assets
45,194
24,670
198,504
1
199,662
$7,163,449
(net)
—
Total
794,314
24,670
and branches
Goodwill
Total
Point RR.—Earnings—
West
&
'
v
railway—
from
Gross
Net
from
Net
ry.
'
railway
oper.
income-—
1940
$152,377
>
16,698
*8,501
1941
$196,119
51,373
15,510
1942
'
$306,480
126.911
47,692
1939
$139,664
14,909
*10,052
....
payable—trade
Accounts
(Net
.
from
Net
1,063,043
ry.
oner,
i * Deficit.—V.
97,869
623,220
85,893
*10,504
748,552
200,652
113,455
railway
railway
from
Gross
60,391
income—
1749.
569,176
66,519
Accrued expenses,
*29,472
155, p.
profits taxes
for
Reserve
Period End.
Operating
,
Line
Coast
April 30—
revenues
-
—
Operating expenses
income
)
$4,416,159
Net oper. revenues—
required for taxes
Amt.
$2,916,159' $1,503,092
362,819
,
220,989
income
amount paid—
Operating
♦Net
$2,253,092 $12,620,103
750,000
3,855,000
1,500,000
Earned
$8,765,103
1,081,660
i
1932
155,
$5,810,840
?
907,915
$2,553,340
.-income
,
♦For rent of
$1,282,103
$7,683,443
$4,902,925
Imperial Diesel Engine Co.—Initial Dividend—
the
V.
154,
stock, payable June 20 to holders of record May 29.—
common
1590.
p.
15 cents per share
have declared an initial dividend of
The directors
on
:
>
Atlantic
the
June
on
'
■
■
'*•••
.•
.....
^
.
March
1,
1940.
-
also
directors
share
per
I
the
regular
quarterly
dividend
stock,
of
621/2
payable
:
——Li
—
$126,370
$2.02
,
6#
'
2794
(with warrants), the 10-year sinking fund
5% notes, due June 1, 1947 (with warrants) and stock purchase war¬
preferred
rants
attached
1947,
have
to
been
1,757.200
in
1938.
1941
declared
discount
$7,163,449
1942 and $1,432,570 in 1941.—
$8,647,097
were
dividend
a
30
June
and Dec. 31, 45
declared
also
at
cost,
receivable,
the
p. 1828,
of
37^2
holders
to
cents
per
share
on
regular
•
78,294
(cost $7,331,867), $5,237,148;
Credit
demand
on
1042
Co.,
deposit,
maturing
$316,776;
May
divi¬
total, $5,659,677.
and
expenses
taxes,
$4,174;
payable for capital
Apr. 30—
,
1942—Month—1941
1942—4 Mos.—1941
$4,554,465 $23,381,082 $17,754,772
revenue—,.
expenses—4,007,725
2,982,828
15,792,655
12,154,697
$2,520,779
$1,571,637
$7,588,427
$5,600,075
operating rev.„_
$6,528,504
920,822
448,756
2,671,239
1,701,805
326,266
9,535
302,201
7,135
1,226.054
41,935
1,055,012
;
7,531
$1,264,156
140,497
$813,545
88,768
$3,649,199
461,713
$1,404,653
$902,313
$4,110,912
423,962
388,023
1,575,109
1,570,264
$580,691
$514,290
$2,535,803
$1,683,475
...I
Net ry.
Court
Justice
Aaron
Total
Steuer,
stockholders alleged in the suit
plan to keep the market for the
up for the benefit of the directors' own holdings.
In dismissing
as
against the three defendants, the court struck out as "sham" an
allegation that the defendant directors themselves profited from the
price.
The
int.,
Net
transaction.—V.
155,
p.
income
(rentals,
etc.)
income
155,
p.
-
...
The
a
stock,
"
This
compares
cents
on
151,
—V.
2091.
June
p.
$2,835,727
424,012
$3,259,739
1828.
directors
rommon
.
I,
Bound Brook Water Co.—10-Cent
minority
done in pursuance of
.
deducts,
Total
—V.
.too.——
oper.
income
Other
•.
who had refused to
The Appellate Divi¬
sion granted the dismissal under the statute of limitations.
The
charges
against the three defendant directors involved the
operation of the management 6lock ownership plan in 1929.
In that
year the corporation purchased 221,000 shares of its own stock and
sold it to officers and heads of departments on an installment basis at
this was
$5,825;
Commercial
cash
30,
<
Supreme
purchase
from
Equipment rents Dr
Joint fac. rents (Dr).__
grant motion of the three defendants for dismissal.
that
April
Operating
Three Directors Win Dis¬
—
accounting suit brought by stockholders of the corporation was
as against William J. Brown, James H. Ward and the estate
of Charles M. Schwab in a unanimous ruling May 25 by the Appellate
Division of the New York Supreme Court.
The court reversed a de¬
the
Assets,
Operating
Quarterly
An
bv
Net
Boston & Maine RR.—Earningsperiod End.
cents.
dismissed
cision
$60,399
.
investment securities.
of
.
Corp.
on
reacquired
but
not
yet
received,
$36,803; dividend
payable,
$84,424;. total, $125,401; net assets (equal to $10.49 per share on
527,616 shares of $1 par value capital stock outstanding at April
30, 1942), $5,534,276.—V. 155, p. 914.
Net
Steel
of
$99,929;
Liabilities—Accrued
dividend of 62'/2
per share on the prior preference stock, $2.50 dividend series of
also payable June 30 to holders of record June 15.—V.
155,
directors
losses
stock
record June 15.
paid on March 31. last. Pay¬
follows: March 31, 45 cents; June 30 and Sept.
as
or
receivable
note
1942,
dends
with 30 cents per share
cents each;
12,054
$61,699
—
Assets—Securities, at market quotations
1,488,578
.
payable
$72,453**
paid.i-.^,—84.424
Statement
DrlSS.OO")
1,367.263
stock
(B. F.) Avery & Sons Co.—Suspended from Dealings
The
stock,
missals—
(Charlotte, N. C.)—Earnings—
and .taxes
(54,512) share
Earnings per common
p.
The
cents
have
directors
Bethlehem
Earnings for Six Months Ended Feb. 28, 1942
Net inebme after charges
.—V.. 151,
;
,
declared
on
Auto Finance Co.
:
'•
May 29
stock, par
the $2.50 cumul. prior preference
Aug. 1 to holders of record July 24.—V. 155. p. 635.
cents
...
declared a dividend of 10 cents per share
$1, payable June 25 to holders of record
A like amount was paid on this isue on Feb. 16. last, and
22.
The
■
on
common
'
income
fExclusive of profits
Taxes
?'■'
''\*t
Rayon Corp.—10-Cent Common Div.—
directors
The
on
"Net
i
•
.•
$1,452,442
'
compares
40
30,
Atlas
396.
common
This
ments in
equipment and Joint facilities.—V. 155, p. 2091.
of
denreciation
p.
1941
1942
$74,539
12,839
Dividends
Beneficial Industrial Loan Corp.—Smaller Dividend—
the
ra'lway operating
—
♦After
V.
The
Net
14,825
4.450
1,757,200
Prl°5.100
1,357,136
1,560,013
—
31,
increase
an
Inc.—Earnings—
income
Expenses
—
6.995
(465,032 no par shares)..
surplus since Dec.
,
„
the preceding week was 8,879,000 kwh.,
the same week last year,—V. 155, p. 2091.
Boston Fund,
18,
$8,360,840
2,550,000
617,000
surplus
Capital
in
excess
liabilities...
current
Total
•
and
$31,325^294
$19,799,291
Co.—Output Up 11.2%—
Three Months Ended April 30^—
767,618
594,194
of
for
over
Dividend
credit balances....
Treasury stock
1942—Month—1941
1942—4 Mos.—1941
$9,621,226
$6,180,797 $32,757,061 $23,829,101
5,205,067
3,927,705 20,136,958 15,468,261
124,267
—
Edison
Production
$1,500,000
322.257
profits taxes payable In 1943—,.,.
Common stock
RR.—Earnings—
$2,200,000
571,818
$33,812,801
—
system output of Boston Edison Co., as reported to the Edisen
Institute, for the week ended May 30, 1942, was 27,213,000
as compared with 24,470,000 kwh. for the week ended May 31,
an
increase of 11.2#.
kwh.,
and
income
—
Accounts receivable
Miscellaneous
'Atlantic
Federal
Federal
1942
—
—...
———
Boston
Net
1
177,842
—___
etc.
wages,
including
taxes,
excess
—
of 9.8#
payable—banks and bankers.
Notes
Accrued
t
145,601
250,000
Electric
Liabilities—
•
April—
146,725
waste sales
contingencies..
♦After reserves for depreciation
and revaluation
1942 and $19,600,340 in 1941.—V, 155, p. 1828.
58,163
775,666
—
—
mills
assets—inactive mills
Fixed
_
5,647,097
—
assets—active
*Fixed
companies
•
1941,
Atlanta
1,000,000
179.073
or
Deferred charges
1001,
154,- p.
on
5,132,834
1,000,000
^1
:
1,253,581
(less
Other
income
Net
.
duty
for
Reserve
receiv¬
able—trade
$1,070,066
,
Reserve for
300,600
330,656
acceptances
5,404,101
—
Reserve for inventories—
—
trade
and
notes,
Accounts,
$89,625
$645,072
on
have
declared
a
Dividend— ^ *
dividend of 10 cents per share on
the
payable June 10 to holders of record June 6.
with 13 cents per share paid on Dec. 10, last, and 10
10. 1941.
Dividends in 1940 totaled 22 cents per share.
par
$5,
3551.
stock
the
6%
suspended
preferred
from
stock
and
due June 1,
York Curb Ex¬
5#' notes
dealings on the New
change. The warrants expire and become void at the close of business
June 1, 1942,
On
and
after
Mav; 29,
stock
and
notes
will
be
deal'ngs
without
in
the
entire
warrants.—V.
(E. J.) Brach & Sons—Smaller Dividend—
Black & Decker Mfg. Co.—40-Cent Dividend—
issues of preferred
p. 2003.
155,
A
dividend
of 40
cents per share has
been declared
on
1
tribution
Dec.
22, 40 cents.—V.
155, p. 2091.
•
.
has been declared on the common
July 1 to holders of record June 13.
made quarterly distributions of 30 cents per
share on this issue,
the last payment at this rate, being made on
April 1, 1942.—V. 151, p. 3882.
A
the common
payable June 30 to holders of record June 12.
A similar dis¬
was
made on March 31, last.
Payments in 1941 were as
follows: March 31, 40 cents; June 30 and Sept. 24, 50 cent? eaqh; and
stocli,
dividend of
stock,
no
Previously,
the
cents per share
payable
company
;■
i
20
value,
par
a;
\:-vj a
■
aaaa-:-■ ;M;-
..
.
Brazilian Traction, Light &
-
—Earnings—
Operating
"Net
Net
Net
ry.
expenses
$7,016,999
Net
declared
directors on May 28
The
dividend of 37V2 cents per
a
like amount
accumulations
of
to
1
Other
1940
$2,422,077
1,165,423
1,067,122
49,245
43,016
$1,532,459
158,543
$1,116,178
$1,024,106
128,718
130,871
"Net
$1,691,002
$1,244,896
1,137,322
Cr71,182
34,542
183,000
35,000
32,500
$160,826
$143,756
$118,226
expenses,
credits
Fed.
1
Net
:
and
income
profit
■—
33,351
Surplus
———
/'
■
v'
iJ
Y'J
'
-
Ltd.
Co.,
\
>
o
■
,
$264,673
28,
-
Total
last, totaled
$0.25
Canadian National Railway—Earnings—
.
Gross
—V.
revenues
155,
$8,821,000
$8,996,000
—
Ry.—Earnings-
Gross
earnings—
v.
expenses
of
profit
tNet
$13,596
:
—
$0.46
$0,38
----
—V.
Net
Net
ry.
$95,963
$95,796
$92,067
$95,722
"5,556
3,411
*5,167
*14,954
porate purposes.
*23,845
railway—
*10,070
♦19,635
*29,109
Net
ry.
392.028
"Deficit—V.
420,719
*590
19,880
*7,952
4,317
*57,709
*46.702
*62,164
income—
155, p. 1751.
oper.
359.574
72,870
railway
from
Net
495.202
railway
from
Gross
.
Bush Terminal Buildings
ships
1942
3 Mos. Ended March 31—
ordinary taxes, but before Federal
income and excess profits taxes.
("Includes $13,833 in 1942 and $40,046
in 1941, profit on bonds purchased.
(After interest, amortization, de¬
preciation, Federal income taxes, etc.—V. 155, p. 1595.
•Net profit
Shares
1942
—
housing and
interest on
depreciation,
income
Provision
for
Federal
$223,028
$100,199
stock—
240,000
240.000
240,000
$0.93
$0.42
$0.15
(excess
"After
Gross
profit
—
-
—
per
share——
common
—
1941
$181,249
/ $0.07
"
V.
y
; the
recently declared a dividend
on
and
of 50 cents per share on
Central & South West Utilities Co.
Total
at rate of 50%
operating expenses and
Net
for
March
on
1
no
similar
A
31,
declared
value,
par
payable
distribution
30,
June
dividend
a
Sept.
June
Dec.
cents
50
made
was
and
30
of
of
declared
also
directors
record
on
3 Mos. End. Mar. 31—
',
Net profit after exps., &c.,
before
"but
depletion!*
tAfter
♦Loss.
30 to holders of
March 31, last,
June
16.—V,
155, p.
*$4,632
-
are
Total
Note—Provision
first
ended Mar.
Federal
for
31,
1942,
of
were
State
and
Central
and
income
-
' $877,943
taxes, etc!
Hanover
excess
and
profits
which
Cessna
Net
378,142
—
—V.
charges and taxes
$5,098,143
mtg.
on
•Net
capital
1941
/
4,230,630
$199,508
$218,772
$1.07
share
stock-
$
64,381
$0.58
$0.63
1939
$1,250
Current
assets
and taxes and excess profits tax in 1942 and
of
Mar/ 31,
1942,
including $1,327,733
on
$
$64,449
$877,693
$1,036,735
18,958
18,958
227,500
227,500
1,235
772
12,824
9,707
$44,719
$637,369
$800,573
Net
taxes.—
$3,287,524
1,816,330
(782,070.
101,094 -r.
286.622
86,361
1,045
-
—
Nil
income
income
$39,151
«.
108,054
108,054
$529,315
$692,519
applicable to pfd. stocks for period-:
provisions for Federal taxes of $17,136 for the current
$44,649 for the twelve months ended April 30,
1942,
to the amounts required under the revenue act of 1941.—
and
additional
V.
—
155,
1673.
p.
income
Gross
from
from
Net
ry.
income—
From Jan. 1—
Gross
Apr.30,'42 Mar. 31/41
$1,681,021 $2,203,926
2,183,395
1,654,779
Inventories
2,906,851
2.304,431
? Other current assets.'—"381,252'
368,594
/•Fixed)assets——
———
2,556,420
2,474,883
Deferred charges & other assets
.
237,398
117,212
Patterns & drawings
''!/'/■
1
from
Net
ry.
...,
$1,777,518
$1,368,365
190.308
119.348
23,611
•4,063
5,356,040
590,957
,.
•,,
railway??-
2,013,461
1,638,928
oper.
1,400,514
1,037,866
1751."
: i ~ -\t >r "
income—
155,
p.
.
Reserve
'
liabilities
/
$9,946,338
$9,123,825
$1,836,865
40,726
645,576
$1,568,770
41,739
270,576
7,423,172
7,242,740
'
/
,
38,686
...
..
,
93,778.
y-
—
—
income
for
inventories
Capital & surplus
6,674,590
•'^Deficit:—'V,
Current
Deferred
/.
8,090,367
.
——
—
————
—
5,077,446
616.464
—
accounts received less reserve
Liabilities—
$1 ,247,516
495,411
364,974
-
-
—
-
1939
461,978
$1,098,211
,Consolidated Balance Sheet
Assets—
Notes and
Total
1940
v
railwa^-
from
Net
1941
$2,178,187
601,220
railway——
railway
oper.
.
$1,007,043
per
...
Earnings—
1942
April—
$1,101,057
-
-
share
—
$2.26
$2.07
$2.26
"Including operations of Baldwin-Duckworth Division since Aug. 1,
1939.
(After provision for depreciation on plants and equipment.
(In¬
cluding excess profits tax.
SBased on 486,735 shares outstanding in
1942
and 1941 and 486,705 shares outstanding in 1940, exclusive of
12,885 shares in 1942, 12,925 shares in 1941 and 12,955 shares in 1940,
held as. treasury stock.
§Net
;
Net
as
,
Ended—
Wisconsin & Mass. inc.
17,889
$59,344
__
Net
.
1941.
cash,
amounted to $5,573,643 and current liabilities were $2,864,205.
This
compares
with cash of $1,788,537. cyrrent assets of $3,873,534 and
current liabilities" of $1,225,273 on Mar; 31," 1941/--V; 155, p.- 209.2.*
•After all charges
$4,036,925
2,146,718
(3,344,071
278,913
$1,018,846
10,180
Central of Georgia Ry.-
on
per
Mar.31,'41 "Mar.31,'40
3,797,593
867,513
bonds
charged
to
con¬
struction
(credit)
month
.
Subs.)
1940
$369,567
profit
Earnings
,
i; ;■
1942
Baldwin-Duckworth Division)
Apr.30,'42
Int.
"Includes
$116,697
$3.59
1; '
"...
3 Mos. End. Mar. 31—
Co.—Earnings—
$7,651,406
2,927,365
$4,816;439
68
interest
Other
1942
Campbell, Wyant & Cannon Foundry Co. (&
Earnings—
!
profit
'(Gross
Cash
—
•
'
sales———-Sell., admin. & gen. exp., lessoth. inc.
12 Months
45
(net-)
income
Interest
Balance
———
share on 32,500 capital shares
151, p. 1272.
31—
.Earnings per share on cap.
request for
the proposed
1942—12 Mos.—1941
312,335
59,299
$
revenues-
income
Gross
trustee, 70 Broadway. New
Earnings for Quarter Ended Mar. 31,
after
income
Aircraft Co.—Earnings—
income
'Provision for Federal income taxes.
1942—Month—1941
$437,441
$376,716
April 30—
revenues
oper.
Other
4
Dividends
Net
6,475
'
1942
1941
$792,288
$121,820
stock <350,000 shs.)
$2.26
$0.35
"After provision for Federal and State
($4,267,577 in 1942) income
taxes,
etc.,
and in 1942 reserve of $404,604 from war to peace¬
time production.—V. 155, p. 1596;
"Net
the
abandoned
California Cotton Mills Co.—Earnings—
Earnings per
$372,597
$350,347
2,865
—
Chain Belt
taxes
—
12 months
•
Bank & Trust Co.,
and other deductions
income
6 Mos. End. Mar.
*
•Total oper. rev. deduct.
will until
City,
upon
rights
evidencing
warrants
has
1941
$394,052
21,454
43,601
and taxes
Financing Plan
.
Operating
12 o'clock noon, EWT, June 19, receive bids for
the sale to it of 3-year discounted collateral trust notes origanlly due
Jan.
15, 1939 (extended to Jan/ 15, 1942, and further extended to
Jan. 15, 1943)
to an amount sufficient to exhaust $37,034 at a price
not to exceed $117.50 per $100 note.—V. 151, p. 2795.
York
1916.
Period Ended
Byrndum Corp.—Tenders Sought—
<The)
The
$1,525,183
totaled $472,180, and for
$1,095,936.—V. 155, p. 2092.
•
Grounds
company
$559,081
1942
$393,948
$347,482
$366,123
"Federal taxes in 1942 period reflect increased provisions in amounts
which seem indicated by pending tax legislation.—V, 155, p. 1673.
financing and has no present intention of making a public
offering of the securities covered by the registration statement.—V. 155,
1942—12 Mos.—1941
1942
■
that
are
1,779,594
$556,427
income
interest
Net
public
p.
Federal Income and excess profits
quarter
made
are
1,707,821
;
—
expenses
Gross
Total
1916.
subscription
debentures.-
the
to
withdrawal
and
income
"Total
Central Arizona Light & Power Co. —Earnings—
■
•After depreciation,
subscribe
to
""*$5,375
shares)
$2,338,675
""
income
net
(Including Operations of
(A. M.) Byers & Co.—Earnings—
Period End. Mar. 31—
' * 1942—3 Mos.—1941
•Net
profit$368,263
$290,561
in
-
and excess profits taxes of $35,000.
equivalent to 5c per common share, on
capital stock.—V. 154, p. 1412.
600,000 shares of
taxes
V
*$5,926
■
t$30,394
income
of
fractions
for
5,507
$2,264,248
3 Mos. End. Mar. 31—
1941.
31,
corporation on May 27 withdrew from the SEC its registration
statement covering $7,522,000 3 V2 % convertible debentures, due March
1, 1962, common stock without par value (including scrip certificates
1939
1940
1941
1942 /
•
-
Federal
earnings
Note—1942
.
$2,333,167
1,398
r
;
—
Earnings of Company Only
regular quarterly dividends of
the
Celanese Corp. of America—Abandons
Copper & Zinc Co.- -Earnings—
1941 *.
$8,350,265
6,017,098
and other deductions———
Consolidated
share
per
The
Butte
income
interest
Total
America—Regular Dividends—
June
taxes——
(net)
income
136,091
$9,256,478
6,993,628
revenues
operating income
Other
10,336,668
2,411,306
$2,262,851
operating
(Revised.
etc.
708,212
105,198
(& Subs.)—Earns.
1942
Total
1491.
p.
stock,
16.
June
holders
to holders of record
and 50 cents
29
$0.08
$1.25
per share on the 5% cumulative series prior preferred stock, of $1.75
per share on the 1%
cumulative series prior preferred stock and of
$1.75 per share on the 7% 2nd preferred stock, all payable July 1 to
with $1 paid on Dec. 15, last,
and Sept. 19, 1941.—V. 155, p. 258.
11
April
payable May
$25,
stock, par
This compares
27.
154,
on
common
record
.
common
May
each
directors
the
on
Mfg. Co.—50-Cent Dividend—
The directors
$0.09
1939
$2,743,276
.
3 Mos. End. Mar. 31—
Celanese Corp. of
The
p.'1829. \
155,
Butler
$0.09
depreciation, (Federal taxes,
periods.—V.
The
•. .
interest,
depreciation,
1939
$44,419
1941
on
Gross
Federal income taxes, etc.
Note—Provision of $1,000,000 was made out of first quarter earnings
for estimated Federal taxes,
against $54,000 in like 1941 quarter.—
"After
1940
$51,733
$0.08
share
stock
per
17,142,622
4,931,816
-
income—
2,074,756
155, p. 1504.
oper.
"Deficit.—V.
($48,419
,1942
—————
ry.
railway
from
1941
1940
$2,976,209 $2,712,705
560,964
543,570
107,086 •*: "61,212
-.i.12,754,247
11,553,840
2,927,958
2,752,288
426,220
346,134
-
railway
from
Net
(& Subs.)—Earnings—
Note—Provision for Federal taxes was estimated
both
1942
$391,529
$0.26
Quarter Ended March 31—
Earnings
profit
income
oper.
From Jan. 1—
155, p. 1673.
$43,096
3 Mos. End. Mar. 31—
"Net
Butler Brothers (& Subs.)—Earnings—
/- *Net
ry.
1—
railway
from
Net
240.000
$0.45
depreciation and Federal income taxes, etc.—V.
Earnings
amounted to $40,000.—V. 155, p. 1306.
profits tax not assessable)
?
quarter of 1942
taxes for first
$140,435
$148,325
latter part of 1941,
ended March 31, 1941.—V. 155, p. 2004.
1942
$4,977,461
1,825,027
998,303
railway.)—
from
Net
$35,880
share—
per
capital
income
adjustments made during the
tax
April—
Gross
1939
1940
1941
Catalin Corp. of America
1941
$30,591
$0.02
funded debt and 6% income notes,
etc.
taxes
—
to
amount for the 12 months
Net
1942
$170,217
$0.29
Ended March 31—
profit
Earnings per common share
Quarter
•Net
income
154, p. 651.
$107,233
-
—
common
Earnings
"After
Federal
$378,558
230,234
portion of which were applicable to the first quarter of 1941, it is
estimated that taxes are overstated by approximately $21,000 for the
12
months ended Mar. 31,
1942, and understated in an equivalent
Bush Terminal Co.—Earnings—
•After
-
a
(A. M.) Castle & Co.—Earnings—
3 Mos. End. Mar. 31—
depreciation and
interest,
•After
—
19,382
Central RR. of New Jersey—Earnings—
1939
*$16,741
*t$96,258*loss$12,79l
(t$129,586
profit
plants,
manufacturing
activities.—V.
defense
with
connection
in
of
construction
the
for
materials
Co.—Earnings—
Owned Subsidiary)
1941
1940
Net
Note—Due
including a roofing plant near
completion at Perth Ambo.v, N. J. Its main offices are located in
Cincinnati. Company's plants
are operating at capacity
to furnish
Company has six manufacturing plants,
(Excluding Bush House, Ltd., Wholly
♦Net
$491,482
112,924
$369,207r
228,772
-
deductions
$472,1011:;
$507,832
138,625
accruals
reserve
Gross income
Income
19411
$495,700 ?
12,131
income—net-
Retirement
This financing was arranged through
.
$2,901,986
2,429,885
Company
From Jan. 1—
.
-$3,663,766
3,168,066
Gross income
is a leading manufacturer of building materials.
Its
products include asphalt roofing and asbestos and magnesia roofing,
siding and Insulating for homes, industrial plants and marine use.
income—
oper.
1942
Ended March 31—
Operating income
Other
Riter & Co.
railway
from
Central Indiana Gas Co.—Earnings—
Operating revenues —
Operating expenses and taxes
company, announced June 1 that the company had sold
$2,000,000 3% % debentures, due 1954, to The Equitable
Life Assurance Society of the United States.
Proceeds
are to be used to retire bank loans and for general cor¬
1939
1940
1941
1942
April—
Gross from
ended Mar. 31, 1942 and 1941,
been the case.—V. 154, p. 1002.
$74,000 and $196,000 less for the periods
2092.
p.
1941 and 1940 and tax adjustments made during the latter part
a portion of which were applicable to the first quarter of 1941,
that the Federal taxes shown above are approximately
estimated
is
$4,371,000
(Philip) Carey Manufacturing Co.—$2,000,000 Deben¬
tures Placed Privately—W. C. Ignatius, Treasurer of the
Burlington-Rock Island RR.—Earnings—
t
155,
deductions included in the computation
profits tax liability for the calendar
respectively, than would otherwise have
1941
$4,960,000
earning
excess
of 1941
12 Months
sale of securities.
tAfter deducting expenses
and Federal income taxes.
tOn 29,745 shares of $3 preferred stock..
Securities owned, carried at cost of $896,427, had market value on
March 31,
1942, of $645,078, comparing with $823,173 and $506,679,
respectively, on March 31, 1941.—V. 155, p. 304.
profit on
"Including
1942
Week End. May 21—
and
income
Federal
years
1,149,165 $13,540,158 $11,669,571
$3,556,147
Net earnings
Traffic
*$11,415
$795,577 / $1,026,495
non-recurring
to
Note—Due
1942—Month—1941
1942—4 Mos.—1941
$20,621,507 $16,654,790 $78,266,351 $62,067,450
17,065,360
13,505,625 64,726,193 50,397,879
30—
$1,754,450
727,955
income
Net
1941
1942
224
$2,234,450
480,000 *
$1,513,612
718,035
accruals
reserve
deductions
Income
Canadian Pacific
Working
31—
Months Ended March
$2,234,226
7,916 ',;
$1,993,612
480,000
income
Gross
209)..
p.
Period End. April
Burco, Inc.—Earnings—-
$1,985,696
-—
income
Retirement
it
Six
$5,693,624
3,459,398
1941
1942
Week End. May 31—
$0.18
$0.29;.
Earnings per. common share
"Deficit.—V. 155, p. 1829.
v
$6,455,714
4,470,017
;
income—net
Other
1941
1942
<•
Operating income
155,
$132,375
Gas Co.—Earnings—
March 31—
operating revenues—
operating expenses and taxes
Total
Gross
"$30,129
1
Central Illinois Electric u,
12 Months Ended
1939
1940
1941
$94,118
$145,255
152, p. 3492.
1751.
111,134
"$111,922
196,770
72,142
Co.—Earnings—
1942
deplet. & taxes
*$22,379
"Equivalent to 3.7 cents a share.—V.
$179,488
period of preceding year.—V.
in like
196,770
820.
p.
prec.,
1942—6 Mos.—1941
$79,388
$375,444
Oper. income before de-
Subs.)—
(&
81,618
$393,695
—
Quar. End. Mar. 31—
1596.
in six months ended Feb.
taxes
for
$628,464
171,402
32,332
taxes
Central Eureka Mining
$100, also payable June 30
1942—3 Mos.—1941
$168,772
/ $539,933
profits taxes— '■/" 113,906
———
for income and excess
155,
—V.
37,221
222,327
$16,286
dividends
33,351
111,189
dividends
Preferred
Common
v.
$116,450
against
373,239
205,426
Surplus net income
Preferred stock dividends
Common stock dividends
per
Note—Provision
969,709
Cr7,463
etc.
and charges
excess prof, taxes
Selling
Special
dividend of 25 cents per
share—
$0.10
$0.07
/! $0.23
$0.16
"After interest, depreciation,
income taxes, excess profits taxes in
1942, etc.
(On combined shares class A and B capital stock.
.»,•■.
/
$266,873
$1,207,129
356,343
238,375
—
Balance
$1,154,977
1,354,639
——
1
Industrial'Alcohol
profit
(Earnings
p.
Profit
',fV
'
Period End. Feb. 28—
1941
62,391
income
*'
$1,134,651
;—
deductions
Charges in lieu of income
were
'
2,060,982
depreciation—
for
interest
Provision
both
stock,
share on the T% preferred stock, par
of record June 16.—V. 155, p.
Canadian
$2,951,738
amortization
and
"
Dividend of 25 Cents
Earnings—
1,594,850
Depreciation
Total
cents per share
50
'
1375.
1942
sales
Provision
295,214
Arrearages
$4,033,352
Quarter End. Mar. 31—
172,809
379,802
holders
to
Brunswick-Balke-Collender Co.—Earnings—
Net
of
extra
per
distribution
holders of record June 15.
A similar
has been made each quarter since and incl. Jan. 2, 1941.
as of April 1, 1942 amounted to $22 per share.—V. 154, p.
July
payable
233.437
payable June 30 to holders of record
disbursed on this issue on March 31, last.
was paid on Dec. 31, 1941, as against
25 cents extra on June 30 and Sept. 30, 1941.
The directors have declared the regular quarterly dividend of $1.75
An
common
16. Like amounts
June
1,986,420
for deprec., interest
prov.
income taxes
deductions and
432,190
521,835
157,383
249,555
1 declared an extra
June
on
$3,268,110
—
—
before
earns,
507,519
_
earnings
operating expenses and taxes-———- ••
298,675
addition to the usual quarterly dividend of 25 cents per share
the
on
cents per share on
stock, no par value,
declared a dividend of 50
on the $6 cumul. pref.
have
directors
directors
share in
1942
1941
$3,121,070
*26,215
697,652
oper.
ry.
The
share
Corp.—Accrued Dividend—
Distillers
Brown-Forman
The
account
63,066
Canadian Celanese, Ltd.—Extra
holders of record June 10. A
July 19 and Nov. 29, 1941.—V. 154, p. 954.
paid on
was
•60,613
Total gross
Total
331,714
railway-
from
income—
"Deficit.—V. 155, p. 1751.
capital stock, payable June 25 to
the
on
*47,681
Net
railway
from
Gross
Net
Inc.—37%-Cent Dividend—
Brockway Motor Co.,
$7,886
22,989
From Jan. 1—
amortization,—V. 155; p. 2003.
depreciation and
•Before
$7,774,147
$1,860,747
$2,006,491
earnings
income—
oper.
$112,380
68,125
railway—'—
from
1942—Month—1941
1942—4 Mos.—1941
$3,428,969 $14,753,561 $13,240,000
1,761,532
1,568,222
6,979,414
6,223,001
$3,768,023
from oper.
earns,
United States Currency) '-
in
(Expressed
: :
.
period End. April 30—
Gross
$7,919
"77,274
Ended March 31—
Months
12
84,048 /
$181,596
railway
from
Gross
1939
1940
1941
1942
April—
Central Electric & Telephone Co. (& Subs.)—Earnings
'
Cambria & Indiana RR.—Earnings-
Subs.)
Power Co., Ltd. (&
Monday, June 8, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
2180
i
&
contingencies
—
$9,946,338 $9,123,825
/ •After reserve for depreciation of $4,069,468 in 1941 and $4,284,839
iA '1942'.—V. *155,"p." 175i;' r" ~
v '\
Total
Volume 155
Charleston &
.
April
•
Net
from
Net
ry.
194-2.
railway—!!"
V
railway.^.!!t»
railway.—_
Net from railway.——
Neb ry. open income.!.'
155,
Net
loss
1,268,341
••
1,061,926-
-
497,071
;
April-
/•
after
from
Not
ry,
'«
194L-V'. !£
E.
N.
Six Months
.
Ended April 30—
V
J™—™..
Net sales
of
sales.
M.
;
of
President
L.
Bell1,
President,
profit
-Gross
:
Other
__
:.v.
of
income
115,139
,!
Total income:
'
to
succeed
the
Secretary
the
Operating expenses and other
charges
Provision for Fed. and Dominion income
Net income
Earnings per
,,
'
taxes-
share
common
!~/';/
_.._!.
;s
_
Cash
ry.
and
accounts
receivable—less
reserve.—
interest
Inventories ~J™__
Deferred
to
3,696,040
—
charges and
Advances
2,366
development
costs
217,504
employees
iff
Investments
28,943
.
for April and Year
J
:
V,
to
1940
Net
Other
Gross
4,459,017
4,741,049
690,706.
'
1942.
railway
1941
$1,695,056
railway......
290,050
income—
!
1940
$1,393,541
225,948
285,707-
<
—V.
76,813
106,810
51,775
8,135
*128,084
5,659,157
5,272,992
1,310,627
942,554
553,105
401,711
Net
ry.
income...
388,373
50,456
*340,783
and
securities-rless reserve
Patents and patent license rights—less
Initial
'.
—J
Total
amort.
•After
mon
I—'
—
The
$8,785,178.
$9,728,512
Accrued
.
payrolls,
and
local
330,351
.
taxes,
commissions, State
royalties, etc.!....™
351,528
Res. for Federal and Dominion inc. taxes, est.—
Reserves for year-end adjustments!™.™.!..:
Res.
for conversion of net
'
48,000
Unearned income
Preferred stock
Common
;
Capital
($5
par),
472,512
—
2,222,959
—
28,099
,
Citizens
chise
and
:
1146.
$1,037,344.
1942
1941
$455,633;
$424,734
$461,317
$1.22
k
$1.13.
$1.23
per share
depreciation, Federal taxes, etc.
stock,
no
tOn 375,000 shares
of
$546,112 is made
present rates.—V. 154, p. 1375.
1942: at
1940-
,
of
'
com¬
par.
Nate—Provision
&
South
Bend
—
for
Federal
Quarter Ended Max. 31—
♦Net
initial
an
income
V.
155,
:.
,
profit
♦After
declared
of
Chicago in
ordinance
10
to
Lines—Voters for Unification—
which
lines.
1
for
a referendum
.
provides
The
final
for
vote
June
1
unification
tally showed
By
approved the fran¬
in.
taxes
1942
1941
$327,199
■
interest,
amortization,
depreciation,
depletion
$357,970:
and
taxes.—
1307.
p.
of
the
city's
surface
margin of slightly better
a
the ordinance.
than
more
the
required
two-thirds
majority stockholders
of then
company have formally approved liquidation of the company.
The assets have been sold to the
City of Cleveland which
operating
a
Participating security holders of the several companies involved voted
last month by overwhelming majorities their acceptance- of the
plan.
^ The ordinance approved in the city-wide referendum requires the
unified
new
to
company
improvement- program
$8,785,178
$9,728,512
have
Surface
elevated
than
and
;
705,213
$-792,558' L
■
the
share.—V.
street
155,
railway
Stockholders
system.
to
are
2093.
p.
is
now
$45
receive
(
-
1",361,000
3,712,500
472,220
1,994,503
3,713,958
;Ls
•Total
,
1,354,900
par)-
surplus
Earned surplus !
—V.
,
.
,
26,222
($100
stock
>
16,542
749,748
!M
—
Cleveland Ry.—Liquidation Approved—
287,352
175,112
48,00016,049
%
491,539
assets in Canada
cur
directors
Ghicago
bonuses,
•
Shore
an
$300,000
-.390,343
$700,000
-
South
dividend
of
$1 per shares
extra dividend of $3 per share on the common
stock, par $50,
payable* June 15 to holders of record June 5.—V. 155, p. 1597.
and
both
payable to banksAccounts payable
on
155, p. 1751.
Chicago
Dividend—Also Extra Payment Declared—
Liabilities—
Notes
$1,802,557!
Cleveland~C!iffs Iron Co. (& Subs.)-—Earnings--* :
V
2,087,947'
102,864
2,163,608;
62,127
121,745
.
$1,542,307
profit
tEarnings
Property, plant and equipment, at cost in cash
.
772,258
91,104
i
income /.—-—..
*439,963
RR.
♦Net
4,927,724?
Net
1,917,834
771,851
City Auto Stamping Co. (•& Subs*)—Earnings—
*86,517
6,977,898
$4,614,394
1,856,304
accrued
applicable to minority interest
154, p.
169(737
$4,261,567
charges and amortization of debt disct.
Service Power & Light Co.—interest
debentures^ and, amortization. o£ discount
Net
1,891,218
$4,444,657
158,927;
+
12 Mos. End. Mar; 31—•
$1,199,797
railway
from, railway——
oper.
1941
3,349,662
Cities
1930
■
$1,235,406
From Jan. 1—
Gross from
♦Deficit.—V.
pro¬
$4,102,640
-
Balance
3,679,918
898,581
income
on
revenue;
.
Chicago St. Paul Minneapolis & Omaha Ry.—Earnings
oper.
the
extension
1942
Income
$5,807,818
!
taxes
Income
Net Income
8,020,170
,
for
operating
Preferred dividends paid and
■t1939
*230,396.
•!
granted
an
Subs.)—Earnings
Three Months Ended Mar. 31—
23,718,351.
Net. ry.
20
Gross
Interest
Date
SK*;.\s."
1941
243,420
'
May
corporate- simplification
Provision
24,580,392
from
on
subsidiaries for
the
ceedings brought against the companies by the Commission on
May 4.
for filing answers has, been extended
from May 20 to June 1,
and date for
hearing has been postponed from May 26 tof June 10.—
V. 155, p. 1830.
ViceChair¬
chosen
C.
from
from
In
been
Nyquist,
been
1,362,848
income
42,769
4,659
^
;
A,
Chicago,
Carl
has
28,479,439
13,949
•
Chicago,
1,145,784
Net
various
has
Gorman.
E.
Counsel',
Committee;
$6,106,449
April—
Commission
and
answers
been
2,244,207
Gross
Exchange
file
has
also
railway
36,874,220
Net from railway
11,166,220
Net ry.' oper. income... '
7,679,397
♦Deficit.—V. 155, p. 1917.
194-1 - .'
$713,093
2,383,043
3,574
3,049,985
387,953
2,333,489
-
-
James
General
board,
From Jan. L—
/,.'•>
1942
the
$7,495,344
oper.
to
operating revenue™
$20,816,666 $18,348,414
Operating expenses, maintenance and gen. taxes
11,625,968
10,338,534
Provision lor replacements
1,738,396
1,674,005
'$9,754,046
2,955,836
2,029,990
$0.74
-
of
1942
Net
April 30
$1,019,776
„
Accrued
$0.65
Sheet,
late
Committee.
railway...
from railway
$363,379
$326,220
Comparison of Consolidated.- Balance
Assets—
•
- .
• - ; .
Notes
305,500
.,
—
the
Treasurer,
-
1,448,526
103,800.
1,513,612
;
Chairman
Executive
and
Finance
which
Cities Service Pawer & Light Co.
(&
Vice-President and
of
in
792,445
Earnings
vA- ^2,145,332.: $1,913,105
■„
5,128,101
3,314,443
York,
from
Gross
5
7,630,126
7,753,988
Aprilt—
Gross
$1,731,366
184,339/.,
$2,030,193:
-™
11,876,171
9,450,901
and
of Cities Service Co.
time
Time
New
Net.
...
*5,807
31,266,694
Middleton, General Auditor.
Chicago,
and .Attorney
Herbert
I.
Campbell of
the
law
firm
of
Campbell, Clark & Miller, Chicago, have been made directors.
1942
v v' ^1941
$7,002,246+$5,916(554;/
4,972,053
4,185,188
.
™/™__
418,424
34,420,687
Securities
request
of
2092.
p.
made. Chairman
Cherry-Bttrrell Corp.—Earnings—
■
Brown
elected
..
.
excess;
(And Cherry-BiurreirXTorpr of"Ckftada ttcf.I.
1,666,237
39,385,892
Chicago Rock Island & Pacific Ry—New Pres., Etc.—
/
.
.
1,010.223
1,931,700
income...
155k
$7,811,066
1,481,466
51,357,239
from- railway..
oper.
Cities Service Co.—Granted Extension-
;
The
$8,525,491
2,603(113
2181
1939
•
-
ry.
.
.
1940
16,394,748
•
Net
V j. 'r- 1939
1940
-
railway..—
Net
man
Cost
from
144,878
Subs;>—Earnings^-
per
.Vx/':
oper.-income
♦Deficit.—V.
1942
3,814,561
263,072
253,332
'138,621
284,363
1941
railway.— $13,162,980 $10,045,774
railway.^
From Jan. 1—
Gross
-800.454
.c>v
1942
from
Net
deprec.^_
$80(021
t*$'133;679
$109,254' •
$80,982
share—1,Nil
$1.23 NIL.
,Nll
prpfltsv tax,; tQn 108,361. shares- oi capital stack,;1
$5.; 0 Prof it.—V. 154,. p. 1146..,,... ;„7
JEatnings
,* tBefore
par
Gross
,
€orpv (&
■■
904,416
:"*'<■<
437,380
312,535'-
1751.
p.
3 Mos. End. Mar. 31--.
-
Chicago Milwaukee St. Paul & Pacific RR.—Earnings
,
1939-
'
$240,480 .-+-$187,105<V!
+
-
142,640
-"
Checker; Cab
.
.1940
-
.
$252,586
f
*
from
—v.
Ry.^Earnings-—
1941v
.
$341,762
96,214*v/!/ 77,095--wi 50.778
oper. income....,
92,538-60,057 V-'.s 46k9;14- y! V 20,823
Jan. 1—/'
' ■■/
"v/.i/v;!//-,'• + ■/!
From
Gross
THE COMMERCIAL & FINANCIAL CHRONICLE
Western Carolina*
-
from
Gross
•
Number 4079
*
of
155, p. 360.
buses
and
bus' routes
tions
of
substitution
city.
$102,000,000
on
calling for purchase
metal subway-elevated
1,000
and
the
spend
Delay
of
buses
of
in this
program
is
stand
3,650
cars
for
modernization
a
is
street
new
well
as
street
certain
because
expected
cars
Cliffs-
Corp.—Earnings—
3 Mos. End. Mar. 31—
♦Net
1942
profit
tEarnings
1941
sec¬
of
the
1940
1939
$250,072
$220,567
$118,873
$0.31
$0.27
$0.15
share___
per
extension
as
in
cars
and
♦After charges and Federal income
capital stock.—V. 155, p. 1307.
taxes,
tOn
$45,528
$0.00
shares
805,734
of
war.
-
Chicago Burlington & Quincy RR.—Secondary Bond
Offering—One of the largest secondary bond offerings
was made after the close of the market
May 28 when a
banking group comprising Eastman Dillon & Co., The
First Boston Corp., Lee Higginson Corp,,. E. H. Rollins &
Sons and associates, offered a block of $3^200,000 1st &
ref. 4%% gold bonds Series B> due 1977, at 69%, less
1%. points "concession to dealers.
; >
v
body
Earnings
Net
from
from
Net
ry.
'
^
V-
April—
Gross
for
'1942'
railway.-
income
oper.
from
Net
from
Net
ry.
1941
'
673,668
* 200,672
29.860.835
15,855,562
9,770,189
Mr.
the
.
.
from
from
Net
Net
railway
$1,643,924
railway-!
365,548
oper: income.!!1
ry.
From. Jan. 1—
.
from
Gross
from
...Net
$1,349,805
120,418 *
34,645
„
..
.
railway
All
1916.'
the
of
1942,
•
j*.;.,,
..5,082,121, !> 4,938,958
927,551
-
v
945.125
and
>
Ijjet xy. oper< inoome!--.'
78,518
..
.
.
79,433
506,402
$1,397,522
360,388
r
191,155
1939
.;
•
-
85,710
•, 347.208
*,
•
From.Jan. 1—
Net
from
Net
ry.
-^V.
155,
*
6,474,755
5,743,842
A
La
1,972,473
1,265,655
163,449
Gross
.-
from
Net
from
Net
ry.
,
.
railway
311,542
!
198,774 T '.
:
income—
*
•
From Jkn: 1— r* "
Gross
from
railway
Net
from
Net
3,705,555
ry.-oper.
railway
:-!! S-.v£.211,340
income—
♦Deficit.—V.-155, p.-1751.--
r
Chicago
The
an
New
and
equivalent
amount
-
•
-
1940
:
.1939
105,602.
63,665
*26,012
* 3,091,800
/-■
,
848,384
468,941
..
288,785
•,
^
.
278,081
286,733
'
•
Exchange has received notice* that payment of
to the fixed and contingent interest earned
1941,i on the securities to be issued in exchange for the 4%';
mortgage .gold bonds of 1987,. due 1987' (stamped and un¬
stamped) and 4l/a'k general mortgage gold bonds due 1987,, stamped,.
if the pending plan of.reorganization approved by the Court is placed
in effect, and subject* to readjustment as therein provided,
($29.20
per $1,000 bond on
the 4s and $29.70 on the 4V2s) will be made
beginning June 16, 1942, on presentation for stamping of the coupon
due May 1, 1936; from both the 4 % and 4Va7«- general mortgage gold,
of
1987.
is
Interest
V
..
payable
office
at
Earnings
•
April—
Net
from
Net
ry.
.
v
'
Gross, from
'
railway
railway
oper.
income
•;
of
for April
1942
$10,695,381
7,402,206
'
,
the
and
company.
Year
to
1941 " "
$8,464,062
2,28T,914
'
from
Net
from
Net
ry.
railway
railway——
oper.
♦Deficit.—V.
income—
1951,
have
interest
serial
heen
for
due
in
National
Chicago,
and
York.
the
2
15-year
The
Michael
bonds
called
the
L.
$6,030,268
689,092
260,541
155, p.
1,771,068
1,322,078
»37,429
*499,384
30,682,514
26,188,915
24,154,269'
9,372,211
5,014,703
7,210,377
3,716,759
2,727.102
.1,734,043
*745,860
*1,620,503
Net
from
ry.
—V.
474,891
300,767
335,023
172,560
3,445,712
3,104,927
2,258,850
2,174,135
2,016,488
1,781,726
1,131,504,
1,763,695
in
or
New
gold
&
1,739,869
.1,473,756
989,551
income.....
1751.
p.
Cluett, Peabody & Co., Inc.—Smaller Dividend—
in
dividend of 50 cents per share has been declared on the
stock, payable June 25 to holders of record June 12.
On'
25, last, a distribution of 75 cents per share was made.
Pay¬
March
ments
in
cents each;
1950,
of
will
of
Co.
be
at
made
at
Chicago^
231
the: office of the Pennsylvania
at
155, p.
636.
York
share
Lillian
Birm,
proceeding
also
with
about
asked
to
the
has
company
annual
the
installments
loan
is
being
solicitation
its
decision
until
company.
-J.
-
the
1,
S.
1943,
acquiring
.' •
+•+<+-;
-
U.
Supreme
Court at South
Jan.
previous
Jan.
1.
want
"for
155,
of
required
interest
an
ruled
litigation
1942,
a
the
Chief
Justice
profit
♦After
Motors
in
restraining
the
cor¬
finance
automobile
any
wrote
be
had
a
Roberts,
bank
to
loan
1952,
repayable
A. large
incurred
earlier
in
of
part
this
year
work¬
2004.
$1,030,370
181,698
shares
common
Federal
income
Note—Company Is not liable for
"
taxes
present rates.
profits tax.—V. 155, p. 1831,
excess
•
-
-
$4,92
at
.
,
Colonial Stores,
.
Stone
and
growing
directed
free
to
the
in
Associate
out
♦Net
before
taxes
of
Justices
Roberts,
anti-trust
financing,
finance
company
suits
off
the
provided
if
the
that
General
not
of
.
and
then
Civil
proceedings, against General
ta
Northern
Justice
Jan.
1,
1943,
because
of
additional
Motors- in
the
complete
cessation
trucks
time
required
Federal District
for
has
of
the
drastically
factor."—V.
155,
p.
"we
cannot be blind to
manufacture
minimized
of
the
new
155, p. 1831.
Southern
April—
Gross
Net
from
directors
1940
1939
$585,569
$498,329
$507,890
258,902
137,576
90,154
104,834
railway
income™
oper.
from
178,866
39,739
4*371
7,511
2,353,931
2,029,573
1,850,527
316,559-
4
railway
2,891,950.
from, railway--,.™
872,438
674(103
410,713.
Net
ry.
income.—
550,510
301,070
32,322
oper.
♦Deficit.—V.
*43,482-
155, p. 1751.
Columbia Gas & Electric Corp.^-Trial Recesses—
Government
has
closed
Federal Judge
recessed'the trial until July 20.
The
the
of
the
start
H.
of
defense attorneys
unable
of
Trial
filed
before
recess
request
witnsses
the
to
come
case,
by the Justice
to
which
civil
its
and
corporation
anti-trust
Church
defense
they
so
Ford
case
at
testimony
could
take
against
Lexington,
was
granted
the
Ky;
at
depositions from
Lexington to testify.
opened
April
Department's anti-trust
Hearings have been held Intermittently.—V.
of
the
and
com¬
resulted
13,
from
charges
division against Columbia.
155, p. 2004.
+/'■• '•/ .Z*
Commonwealth Edisoir Co.—Weekly Output—■
Electricity
showed
have
declared
$20,
payable
par
a
dividend of $4 per share on the com¬
24 to holders of. record June 8.
June
a
are
output
sales
excluding
12.2%
to
of the Commonwealth Edison group of companies,;
other electric utilities, for the week of May 30
increase over the corresponding period of 1941. Follow¬
kilowatt-hour output totals
comparisons with last year:
the
percentage
1942
23'
June 25,.
May
on
DeG.
May
_
16
1941;
—
~
9
Dec.
155,
p.
1751.
-
,
;
22,
—V.
155.
-
u.
2093.
'
"
1941
148,585,000
.132,431.000
139,977,000
140,082,000
153,835,000
30
May
past four
weeks and
Output—
151,142,000
153,733,000
Week. Ended—
May
on
$5 per share paid on Dec. 20, last; $3
20; 1940; $3 on June 26, 1940; and $4
of the
—Kilowatt-Hour
This compares with
1939.—V.
1941
$774,513
railway
Prom Jan. 1—
Gross
ing
on
Ry.—Earnings-
1942
from
Court
fact that
automobiles
significance
1830.
the
Cincinnati, New Orleans & Texas Pacific Ry.—To Pay
$4 Dividend—
V
$5
144,383
Illinois.
Byrnes pointed out that
stock,
1941
$300,870
179-,361
profit after State and Federal taxes
The
the
a
reasons.
been required, as the result of other
litigation,
ownership- and control, of the General MotorsAcceptance Corp! by Jan. 1, 1941.
This date was extended by the District Court first to Jan.
1, 1942,
itself
1942
$430,218
income
on
was
action.
automobile
at
own
present
Inc.—Earnings—
Quarter Ended Mar. 28—
Profit
Net
Participation of six of the nine Justices
Justice
decree,
would
Corp,
divest
mon
1945
loans
—
on
and
expenses
1119.
Net ry.
participated
Department of Justice
•
p.
that
involving arr extension of the consent decree
Supreme Court ordered dismissal of the suit
quorum."
original
Chrysler
1
June
.
and
Chief
The
in
from
bank
pay
Earnings for Quarter Ended Mar. 31
♦Net
Colorado &
Court
decree
Murphy and Jackson disqualified themselves for unannounced
to
$4,000,000
a
$500,000
-
Bend, Ind., had acted correctly in
consent
a
-
Justice Byrnes delivered the opinion. Justice Frankfurter
dissenting opinion in which Justice Reed joined. Justices
Murphy and. Jackson did not participate.
In
incurred,
of
used to
Earnings per share
to-
of
25, 50 cents; June 25. and Sept.
Coca-Cola International Corp.—Earnings-
$5,000,000
court
March
the
acquire assets of the Grosvenor-Dale Mills and for additional
minority
the
declared
regular quarterly dividend of $1.75
preferred stock, payable July 1 to holders of record
the
on
follows;
as
and. Dec. 24, $1.
also
ing capital.—V.
Supreme Court by a
which
were
19.-
The
Prevent New Issue
of
1941
directors
Bank Loans—
as
and
1950
obtain
from
until
/
-
interim
An.
common
per
July 1,
redemption
due
Payment
Trust
debentures,
from
railway.
oper.
155,
June
2092;
p.
poration
:;The
155, p. 2092.
'
1939
3,919,996
railway
25, 75
1674.
1939
38,971,046
213,592
Igoe
due
for
bonds
1951.
Bank
IU.„
plaintiff,
company
to
4-to-2.
petitive
1940
$6,504,896
$474,389;
405,694
plaintiff
a
light
Date
$7.43,485
362,271
income
oper.
from
Net
Friedlander,
company 4o restrain the company from proceeding
of a series of new debentures in exchange for its
Federal District
the
New
From Jan. t—
Gross
J.
South
&
those
June
the
of
continuing
The
Ry.—Interest—
general
.
ry.
1940.
$705,147
574,973
♦At 1941 rates.—V.
•
during
bonds
Judge
Chrysler Corp.—Financing Decision—
2,809,923
.
(
;
$733,668
201,410
.
;1,013,531
721,456
: '
.
$731,96L
196,248!
88,158*
3,290,157
North-Western
York Stock
St.,
issuance
155,
In
Ky.^Earnijig$^-
railway-
oper.
reorganization
William
consents to the plan of exchange.
charged the plan of exchange- was to enable the
company^ to evade sinking; fund payments required under the present
bond issue, and thus to "deprive the bondholders of their
rights in
and to the sinking fund." She
charged also that the company was
using professional solicitors to obtain consents from the bondholders.
;
1942 !•::! 1941
$936,332;
$732,897
-
.
Federal
guaranteed
1,
for
filed
was
the
The
143,960
Chicagcr IndiaiiaRelis £ LouisviiTe'
April—;-
Net
1941
$1,009,797
railway
railway
1,253,241
743,968
income
1830.
p.
from
the
groups,
and
Illinois
outstanding 5'Ic
outstanding.
the
•
102
at
Salle
suit
with
-5,629,605
2,384,045
859,156
—
told
Co., 380 Seventh Ave., N. Y. City.—V.
—V.
7,723,131
railway
oper.
74,650?
\
railway
from
Gross
and July
Continental
bondholders
1940
$1,436,809
$1,623,128
249,142
plan of
of bondholders make their report.—V.
are
W41
his
Calumet
interest
bondholder
•
r
1942
Gross from railway—$1,936,405
Net from railway
1,295,565
the
Elevated- lines,
Childs C<h—Bondholder Seeks To
*86,006. •?-? *32,624
'
f
and
outstanding
1951
RR.
-
Chicago> Great Western Ry.—Earnings—
April—
said
groups
1,
restrain
f
of
approval
bondholders,
the
1,
181,484
•
1,645,299kv 1,573,255
654,599 - -' 709,867
Net
ry. oper. income
♦Deficit.—V. 155, p.
•:
1939
!
1942
from
Net
Gross
$1,193,128
-
5,865,079
6,583,185
•
railway.—
their
Surface
the
and
Jan.
102 Va-
128,034,
-
.
April—
Gross
.
$1,138,498
266,195
+
the Commission stated
unification, but reserved decision on
ago
Group Approves Merger—
tine
Friedman
South
..
Clinchfield RR.—Earnings—
this
merger..
a
other
the
1 Chicago & Eastern Illinois RR.-r^Earnings—
April—
i'
" v
1942
1941
1940
law
the
Chicago Union Station Co.—Bonds Called--
6,231,419
-
Commerce
state
of
43,014
"
9,950,538
months
Illinois
Under
features
The
28.271,664
,-■
the
plan.
bondholders of the Chicago City
Chicago Co., approved the plan
dissenting vote of only $33,000 out of a total holding of 533,000,000 in bonds.
He suggested, to Judge Igoe that the formal order
approving the plan of reorganization and unification be deferred: until
2,637,055 >: 1,941,212
7,510,673 ''15,'704,911
study two
principle of
signified
of
July
income—
1751.. A --
which
financial
18./
May
1,135,760
33,323,788
the
on
later date.-
a
for
Railway
.
Gross
have
attorney
1939
1,278,381
the
pass
unification
Security holders of the South Side branches of the Chicago Surface
unification
$7,026,909
1,696,878
of
plan until
with
1940
to
preliminary
a
Lines
.
$7,173,520
required
the
the.
on
From. Jan. 1—
Date
1,674,679
'
"
railwayp.
to
44,267,456
railway.—
oper.
155,
Year
'
$8,515,720
7,805,002
— -
From Jan. 1—
—V.
and
railway— $11,258,435
'
Gross
April
.
take
Bondholder
was announced June 1 that the offering price in connection with
secondary distribution of the 1st refunding V/z'k bonds, Series B.
due 1977 has been changed to a fixed price of 69Va plus an amount
•
determined
will
approval
the
It
; •
be
to
is
After
its
the
equivalent to New York Stock Exchange commission.
Still
Commission
% Increase
141,084,000
12.2
8.0
9.7
9.0
'
2182
Commonwealth
Connecticut
Corp.—President Justin
Southern
&
in
concerning the rates of Federal taxes applicable
it
of directors of subsidiary
the boards
income,
felt
prudent
to
ended April 30,
income,
$1,306,518
Dr 47,182
The
stocks of subsidiaries—
General
April 30,
1942
6 Months Ended Feb. 28—
1,124,742
$1,457,832
in
received
were
and
May
April 30,
1942.
■1942 the SEC issued
6h April 9,
one
to
year
to
come
stock
class of
one
of
consisting
pointed
the
in
requirements
group
to
complete
amortization
65c on
1,811,716 shares
on
30c
on.
210,000 shares
1,436,920 shares
$1
on
Co.
Pennsylvania Power Co.
$1,177,615
210,000
431,076
110,000
110,000 shares
-
for
the
$1,928,691
resumption
under Section
on
16,
June
with
11 (b>
respect
of
1942
hearings
in
the
with
If this is
the SEC.
,
The
of
kilowatt-hour
weekly
output, of
electric
of
energy
subsidiaries
vfhis corporation adjusted to show general business conditions of
^territory
served for the week ended May 28, 1942,
amounted to
197,049,044 as compared with 190,343,722 for the corresponding week
in
1941,
increase of 6,705,322 or 3.52%.—V.
an
155,
p,
operating
Total
taxes
Net
inc.
Other'
v.'
1942—3 Mos.—1941
from
$3,340,369
545,168
508,757
2,251,692
2,125,209
$294,975
$i;306,450
22,223
14,087
123,701
income
-.Balance
Total
Net inc.
Fed.
X-ma:
&
$1,430,151
8,669,739
2,571,900
Inventories
1,117,787
1,568,662
247,788
52,338
Prepaid
Notes
671,376
$151,904
$758,775
226,094
Contract
$99,872
114,551
$532,681
—V. 155,
114,551
-
12 Mos. End. Mar. 31—
Operating
1942
and taxes
expenses
amortization
mium
and
(net)
expense,
dividends
Preferred
debt
of
of
discount,
etc.,
of
awards
payable
etc., of company
fPreferred
stock
and
14,019,175
11,278,180
$3,023,108
$4,011,332
amortiz.
1,
The
75,000
$9,762,440
unamortized
principally
convertible
of
Dec.
tDeferred charges and other
bad debt losses.
for
and redemption premium on
redeemed in 1939
(amortized over
p.
current
for
Note—Taxes
year
all based
moted
three
cents
per
share
March
Ended
Period
11,585
Total
operating expenses & taxes.—
from
Income
$684,710
on
$1,224,128
$0.41
and
March
on
20, June
18,
Sept.
25
and
Dec.
20,
on
the
from
ry.
total
of
Power
from
Net
ry.
income—_
oper.
•Deficit—V.
trust
•No
to
at
102
155, p.
made
at
the
Main St., Hartford,
Hartford
National
Bank
&
Trust
Co.,
series
trustee,
1942,
cash
1
as
was
Total
gross
♦Total
and
$865,362
$1,019,634
$4,225,614
$4,131,425
512,321
462,525
2,067,803
1,847,485
dise
expenses
&
of
income
Ba'l. before
chgs.
$506,972
$557,109
$2,157,811
2,747
10,877
253,800
981,539
991,005
divs..
$256,224
$303,309
$1,176,272
$1,292,935
18,000
18,000
72,000
72,000
before
Balance
Pfd.
divs.
Bal.
for
declared
$249,784
$278,685
com.
divs.
64,650
259,243
♦From
tExcluding
81,800
79,758
317,774
See *
subs.
See ♦
194,736
♦Federal
income
rate of 40 %.
on
a
to
such
tax
accruals
No provision
$285,309
$1,104,272
applicable to 1942 period
$102,922
$102,731
$134,277
for
740,647
245,852
157.993
323,475
211,026
1942
at
discounted
interest,
earned
a
of
stock
$3,542;
accrued
taxes,
tl,310,710
securities
were based
is included in tax expenses applicable
received
$9,143;
U.
directors
on
June
3
declared
a
dividend
of
Cash
income taxes
1941, as the corporation expects to
company"
under the provisions
and to make distributions during the
Code
its
per
share
1942
1941
$42,570,740 $41,583,224
*
50,000
bonds
with
Guaranty
York,
trustee
dividends receivable
Deferred
subscriptions
on
charges
Total
Trust
—
Co. of
-v\
\
'"-vr*~
«..v r
2,933,665
4,330,308
36,725
48,220
13,050
15,031
—
15,736
to
7,068
—.—
—
...
$45,654,381 $45,949,386
—
Liabilities—
ac¬
Payable for capital stock repurchased—
Payable for securities purchased
Accounts payable and accrued expenses.—...
Tax withheld on dividend payments to foreign
stockholders
Provision
for
Capital stock
Federal
Earned
capital stock,
:
1598.
101,478
82,800
35,615
45,800
8,937,083
35,164,045
1,423,863
8,971,471
35,353,156
1,377,877
.
—
—
p.
$16,803
State and
surplus
Total
155,
17,478
taxes
surplus
—V.
...
47,381
(par 25 cents)
Capital
V
$28,915
—
miscellaneous
on
share on the 5'/a% preferred stock (for the quarter ending June
30, 1942) and a dividend of 25 cents per share on the common stock,
all payable July 1 to holders of record June 15. Regular quarterly
\
current
Sheet, April 30
per
(
for the
qualify
of
the
taxable! income,
capital stock..
Receivable for securities sold——
7%
■
distributions.
April 30,
■'
deposit
on
New
1307.
$50
1,250,129
dividend
investment
Revenue
S. Savings
Cash
$14,545;
miscellaneous
p.
taxable
provision has been made for Federal
ended
Investments
$87,509; reserves, $2,077,799;
earned surplus, Dr $306,498;
total, $12,572,608.—V. 155,
as
.
accrued insurance,
$213,902;
184,120
$946,720
profits and losses.
tOf the total amount, $1,charged to distribution account and $136,285 was charged
"mutual
Internal
subsidiary
(contra),
$142,778;
$1,130,840
surplus.
Receivable
$1,858; deferred credits,
(par value $1), $60,000;
40,345
security
fiscal year approximating
costs, $127,513; prepayments—insur¬
current assets, $11,923; deferred debits,
of
$1,090,495
29,365
declared
months
average
stock
1941
$1,277,535
j.
...
$1,141,264
sales
as
preferred stock (covering accrued dividends up to July 1,
1940, being all the arrears on this class of stock), regular quarterly
dividends of $1.75 per share on the 77* preferred stock and of $1.37'/2
the
$1,220,935
Federal
803,655
165,909
six
Sugar Co.—Pays All Arrearages on
Old Preferred Stock—Common Dividends Resumed—
corporation excess profits tax under the
Revenue Act of 1941, as the liability therefor, if any, can be deter¬
mined only at the end of the calendar year.—V. 155, p. 261.
period
16,125
654,512
116,178
201,826
$1,307,173
174,425 was
to
1,755
Cuban-American
&
$238,224
*5,252
$876,239
65,063
6s
miscellaneous
capital surplus,
The
surplus
*8,570
16,348
income
tNet
total, $12,572,608.
liabilities,
common
$2,283,939
250,748
cap.
$154,759
Total
necessary during first quarters of 1941
much as the entire semi-annual interest of 3 % pay¬
accrued during the final quarters of 1940 and 1941,
supplies
contracts
accrued
crued
Total int. & other chgs.
1939
1940
.
$122,094
Expenses
outstanding in hands of
public, $1,316,920; funded debt, $8,562,400; 3Vi% serial notes due Aug.
1, 1942, $100,000; notes payable, $4,000; accounts payable, $181,254;
consumers
deposits—refundable, $103,457; notes receivable—merchan¬
1942—12 Mos.—1941
$1,019,293
earnings
operat.
taxes
1941
$84,871
*39,282
*17,254
-
proceeds
Balance
$29,541;
ance,
$569,615;
Co.—Earnings—
1942—3 Mos.—1941
2093.
273
515,811
replace. & ret._
Liabilities—Capital
Connecticut River Power
p.
Interest
2,502
surplus
in
June
materials
777
Conn.—V. 155, p. 1011.
Period End. Mar. 31—
Cincinnati,
Kerans.
1752.
6 Mos. End. Apr. 30—
dividends
Assets—Capital assets, $11,089,337; special deposits, $17,984; cash,
$413,931; notes receivable, $3,895; notes receivable—merchandise con¬
tracts
discounted
(contra),
$3,542;
accounts
receivable,
$305,329;
19f7, have been called for redemption as of July 1, 1942,
interest, through operation of the sinking fund.
Payment
and
155,
at Albany.—V.
Income—Cash
accruals of interest were
and
able
155,
B, due Jan. 1,
will be
at
lly.—Earnings-
Assets—
tfonds,
Agent,
Dividend Shares, Inc.—Earnings—
$275,938
601,404
Consolidated Balance Sheet, March 31, 1042
mortgage 3 V* %
General
succeeding John M.
755,621
166,719
257,898
railway..—
railway....—
$3,101,782
2,236,420
(net)
deductions
coll.
Co.—Bonds Called—
$20,000 of first and general
Nolan,
$118,830
•23,905
2,790
from
respectively.
Connecticut
J.
Agent,
income—.
oper.
Net
12 Mos.'42
$791,749
for Federal inc. taxes of Co...
Balance
p. 593.
A
compared with
Dividend—
1942
$247,282
——
renewals,
income
Prov.
1941.—V.
as
a
at Boston,
Agent,
railway....
railway
Dividends
for
Prov.
capital stock, payable June 26 to holders of record June 8, in Canadian
funds.
This compares with four cents per share paid on March 20,
last,
William
from
Gross
363,046
$321,664
on
on
disbursed,
From Jan. 1—
155,
tax laws.—V.
1941
$848,687
operations
income
Non-operating
declared
1,
April—
Net
1942—3 Mos.—1941
operating revenue
been
per
per-
Doyle,
Commercial
to
Gross
(& Subs.)—Earnings—
31—
Total
ex¬
has
declared
Denver & Salt Lake
2093.
Crescent Public Service Co.
Net
of
have
General
F.
Note—No
dividend
was
cents
cents
10
15
30 to holders of
March 31, last,
On
June
paid
were
of 20 cents
of
of
dividend
payable
charge-offs.
Coniaurum Mines, Ltd.—Smaller Dividend—
A
dividend
extra
an
July 30 and Oct. 31, 1941—V.155, p. 1832.
on
June
become
Net
$0.64
529,389
361,113
to
Commercial Agent, at Albany, will be promoted to
General Agent, at Cincinnati.
Daniel L. Norton, Traveling Freight Agent, at Boston, will be pro¬
including depreciation, Federal income taxes,
and after allowing for proper reserves and
1,525,364
$442,540
of
made
quarterly
both
amounts
extra
an
regular
stock,
Like
16.
directors
Harry
1941
$1,926,178
—
1,357,087
.
1942
retroactive
during
rates
tax
been
,
1942
taxes,
enactment
Federal
declared
2
the
to
capital
1941,
Effective
1
profits
June
26,
will
Earnings for 6 Months Ended April 30
charges
probable
Personnel-
June 1 announced that the holders of the old
no par value and
the old $10 per value common capital stock, issued
and dated prior to Oct. 25, 1935, will be required to exchange their
certificates, share for share, for the present $1 par value before receiv¬
ing the dividend of 15 cents which was recently declared payable
July 2 to holders of record June 11. See V. 155, p. 2093.
all
the
increased
Delaware, Lackawanna & Western RR»-~Changes in
share has been declared on the common
on
profit
450,012
$2,689,880
special dividend of five cents per
share In addition to the usual quarterly dividend of 15 cents per
share on the common stock, both payable June 15 to holders of record
June
1.
Like amounts were paid on
March 16, last, and in each
quarter during 1941.
A year-end dividend of five cents was also
paid on Dec. 24, last year—V. 155, p. 1212.
Continental Motors Corp.—Div. Only on $1 Stock—
,
450,012
$1,767,327
Delaware Fund, Inc.—Special
par $5, payable June 18 to holders of record June 8.
This com¬
with 25 cents per share paid each quarter from March 14, 1941
March 14, 1942.—V. 155, p. 1832.
corporation
112,503
$757,616
provision has
June
on
the
on
The
to and including
•After
880,411
$3,139,892
of
imposing
additional
10 cents extra
'
excess
814,215
$2,217,339
discount
notes
A dividend of 12% cents per
•Net
221,016
$870,119
112,503
anticipation
act
addition
in
share
life, of new long-term bank loan of lesser duration).
tRepresented by 142,189 no par shares.
Preferred shares are call¬
able on any dividend date at $26.25 per share and $1.75 annually from
date of issue to date of call less dividends paid; liquidation (voluntary
or
involuntary) value is $25 per share and unpaid cumulative divi¬
stock,
218,589
$414,947
1942,
record
dends.
$4,020,303
charges
directors
share
1,057,837
$20,573,284
—
——
allowance
issue
8,971
$3,031,553
Decca Records, Inc.—Declares Extra Dividend—
compensation
—
Total
former
8,445
$1,091,135
$302,444
revenue
1
232,241
1,384,327
assets,
2,039
$633,536
inc.-
3,554,725
3,554,725
—
insurance
•After
1,531
corporate
♦Net
$803,653
,
3,517,841
$1,089,097
amounting to ap¬
proximately 31% of the amounts accrued during the three months
ended March 31, 1942 at the rates required by existing law.—V. 155,
p. 917.
62,208
—
—.
$17,042,283 $15,289,511
$632,005
Note—In
a
535,000
.
—
$4,606,938
4,532,741
exp.
income
Jan.
500,000
....
—
shares
SCommon
1597.
p.
306,999
—
18,374
9,849
..v-.———.
income
155,
1,805,975
.
1942—12 Mos—1941
1942—3 Mos—1941
$5,164,746
Balance
stock,
———*
Self-insurance reserve, workmen's
Int.
—V.
1,349,504
payable
—.
"
-
motion to dismiss the
a
$2,900,000
5,498,808
contingencies
for
Gross income
Net
Fed. cap.
taxes)—,
534,389
amortization of debt discount
penses,
payroll
profits
bank.
to
payable
Provision
during a hearing on
155, p. 1752, 1832.
taxes—
&
Net
for workmen's compensation
commitments
and
Dividends
3,255,263
u
Balance
Int.
$7,500,000
pre¬
subsidiaries
,
operating revenue
Gross
$9,762,440
—
excess
7 7
,
came
petition.—V.
Other income
786,966
banks
(inch
and
income
$2,751,047
subsidiaries
Minority interest
Interest,
3,604,868
...
Co.—Stockholder Cancels Suit—
Preferred dividends paid
taxes
Accrued
$6,006,310
$2,704,977
,
.......
30,648
*$3,493
1752.
155, p.
revenues
Net
1
$20,573,284
payable
Estimated liability
1941
$6,309,845
Gross income
Interest,
t35,919
Earnings per common share—.
Gross earnings
29,024
deductions.
and
course.
Total oper.
Liabilities-
Community Water Service Co. (& Subs.)—Earningsi,;;
%
1
14,762
-
Notes payable to
694.
p.
2,680,328
——
deferred pending disposition-
j.
Accounts
459,004
stk.
com.
on
———„—
—
$561,923
458,202
income
$27,155
Dayton Power & Light Co.—Earnings—
2,757,352
valuation)—
—
charges
Total
$702,844
140,921
52,031
641
$47,944
Period End. Mar. 31—
Gross
7,226
iu.
nominal
j"
Net
Dividends
—
.
non-current—
receivable,
contracts
assets
Other
586,934
$79,069
inc. taxes
;
items
and
Properties
Patents
(at
$1,289,778
157,158
$149,069
70,000
before taxes.
State
$309,062
160,832
.t_—
$26,514
345
1941
1942
Completed portion of uncompleted contracts
$1,215,160
74,618
$309,901
deductions
$47,600
—
—
withdrawal
The
Wanderman
$788,083
The
'■^.V
348,400
income
satisfactory
$1.09
Continental-Diamond Fibre Co.—Dividend Halved—
$3,558,142
$287,678
oper._*_
248,831
1,980,958
1942—12 Mos.—1941
$803,732
,
,
„
—
.
pares
_________
.
.—
^Represented by 241,617 no par shares.—V. 154, p. 1491.
expenses
oper.
and
.
.
/
4,759,978
2093.
$832,847
revs.—
1940
$374,914
386,333
on May 20 withdrew his suit which
"Saturday Evening Post" to change its editorial
policies his lawyer saying that the client is satisfied that the newM
editorial staff of the magazine would continue what he considered a
$389,285
124,415 •;
$1.62
i+t
$2,295,935
Community Public Service Co.—Earnings—
Period Ended Mar. 31—
Total
1941
$433,932
George Wanderman of New York
accomplished such plan will be submitted
Weekly Output—
(& Subs.)- -Earnings-
aiid taxes
Curtis Publishing
...
——
proceedings
to the stockholders for action by them even though an
app.e^l is pending from the one-stock order of SEC taken to preserve
the rights of all stockholders in the event an equitable voluntary plan
Can be agreed upon.
Co.-^$1.5Q Dividend—
„
«.
•Trade notes and accounts receivable—————
promptly
,
of
stock
1011.
revenues
•Deficit—V.
Consolidated Balance Sheet, Feb. 28
Cash
to matters necessarily preliminary to
consideration of a plan for change to one class of stock. It is hoped
in the course of these proceedings, a plan such as proposed, or
isome-modification thereof, fair to both classes of stock may be worked
.*
.
$516,535
.•„>»
——
Assets—
i
that
out
common
$18,920
interest
Net
88,881
217,438
6,510
121,400
170,000
—.
dividends
<•
Note
Total
arrangements' have been made with the staff of the SEC
Tentative
:
241,617 shares of common stock, no par.
•On
of
$1
Co.
Power
Central Illinois Light Co.
Edison
its
income
♦Earnings per share
the
railway abandon¬
ment loss before considering the payment- of dividends on its common
stock. Common dividends received during the first quarter of 1942 all
cahvr from subsidiaries of the northern group, as follows:
Consumers
Net
Preferred
annual report a
by the SEC by its order
southern
pay dividends on
Electric Co. intends
W0
p.
the
on
sought to compel the
common
to construct facilities to serve war pro¬
of companies are at. present unable to
their common stocks. Southern Indiana Gas and
cash
and
out
operating
Total
$8,263,433
7,439,919
902,000
profits taxes^
Provision for Federal excess
k ■.
■
order requiring Commonwealth
an
rehearing was applied
for. This was denied
of May 15, 1942.
The plan filed July 2, 1941 with the SEC provides that Common¬
wealth
retire all of
its preferred stock by distributing through an
offer to its preferred
stockholders the common stocks of Consumers
Power Co., Central Illinois Light Co., Ohio Edison Co., Pennsylvania
Power Co. and Southern Indiana Gas and Electric Co., and that Com¬
monwealth
retain
its
southern
group
of companies, viz.:
Alabama
Power Co., Georgia Power Co., Gulf Power Co., Mississippi Power Co.
and South Carolina
Power Co. Because of common stock dividend
restrictions and installment note payments incident to recent financ¬
As
Ohio
155,
made
May 28
on
Net earnings
1941
1942
•
work
Adjustment of prov. for contingencies
for
duction,
was
Net
operating income
Non-operating income
contracts—;
$38,245,906
performed—
.s.
35,879,010
Deprec. of oper. plant, mach'y and equip.114,069
Selling and administrative expenses—:——
337,039
Other expense, less other income—
73,253
Provision for Federal income
taxes—
254,000
of
Cost
expected in June. As the deductions will exceed the anticipated
those months by about $300,000, the indicated surplus at
June 30,
1942 will be that amount less than that shown above at
ing
for
Subsidiary)
Gross income on
none are
stock.
stock
holders
to
capital stock,
Total operating expenses
increase of 0.6%.—V. 155, p. 2093.
an
(Including Wholly Owned
_
subsidiaries
dividends from
common
within
30
Years Ended Dec. 31—
Total
Consolidated Steel Corp., Ltd.—Earnings—
732,634
the
on
Cumberland Gas Corp.
June 2 announced that production of the electric
for the week ended May 31, amounting to
compared with 132,900,000 kwh. for the correspond¬
system
kwh.,
133,800,000
,
income
since.—V.
preferred
Sept.
,
cents per share
none
of
classes
payable
«■
on
its
$142,089;
expenses,
rEarned surplus at
of
ing week of 1941,
$2,055,872
income
-
■M
1942,
:
declared an interim dividend of $1,50 per
payable June 10 to holders of record June
5.
A like amount was paid on Sept. 25, last,
as compared with an
initial of 50 cents on Sept. 25, 1940.—V. 155, p. 305.
share
127,181
—
—
company
plants
1,928,691
general taxes,
$10,560; provision for federal taxes, $100,000; interest on
installment notes, $89,324; amortization of premium paid
on retired debentures, $390,661——-—
*—:
Dividend paid April 1, 1942 on pref. stock (75c per sh.)—
No
1929;
both
on
30,
Sept.
;
.
of 25
directors
The
on
amounts
$1,259,336
Deductions:
•I r&:
distribution
January,
Consolidated Edison Co. of New York, Inc.—Output—
Dividends received on common
Total
ending
Sept.v 15.
Cuban Atlantic Sugar
plan is being underwritten by the Metropolitan Life Insurance
a
cooperative basis whereby the employees contribute fixed
and the employer bears the balance of the entire net cost.—
V. 154, p. 956.
Co.
1942:
Balance
.
in
The
stock
common
pay
first quarter of 1942 and until they
the
during
Earned surplus at Dec, 31^1941.*—-L———Adjustment with respect to a prior year's Federal taxes—
Other
of
Harwell, President of this corporation, manufacturers
devices, has announced the adoption of a group program
provides the corporation's employees
with hospital expense
benefits for themselves and their dependents.
declared
also
were
quarter
A
signalling
companies have
dividends beyond those
do the cor¬
poration in turn will not have current income to distribute.
Statement of income and summary of earned surplus 4 months
1942
declared
the
which
Until more is known
not
dividends
Electric Corp.—Group In-
&
record
Harold W.
in part:
to
Telephone
surance—
connection with the action of the directors
omitting the payment of the preferred dividend states
It. Whiting in
—
.
;
$45,654,381 $45,949,386
...
'
.
•Volume 155
Number 4079
.
v
Detroit & Toledo Shore Line
April—
Gross
from railway
Net
Net
■
from
ry,
:
1942
$365,301
-
railway
Easton & South Bethlehem Transit Co.—Tenders—
Net
from
$185,665
148,976
53,294
•5,835
,
Net
109,878
27,588
58,564
1,505,787
=va ^
1,421,888
1,191,892
881,834
810,331
556,862
unappropriated funds in sinking fund account.
311,198
393,685
'
'
389,573
212,396
until 11 a.
ry. oper. Income
railway
•Deficit,—V. 155, p. 2093.
'
-
,
sale
of
property,
$8,750
income
collateral
on
securities,
and
Tenders will be received
For
the
week
May
1942
28,
Thousands of Kilowatt-Hours
,
Gross
railway—
railway.
income...-
from
ry.
1941
$340,177
from
Net
Net
,
1942
$263,037
;•
;•
1940
■"
66,851 '
121,706
1939
$173,117
14,985'*1,102
$143,872
*16,995
46,070
96,914
ry.
155,
,
831,652
625,264
1941
150,409
143,700
Increase
76,867
>■
-Amount
74,439
107,583
—
ft
*' 4.7
6.709
above
figures
do
not
include .the
2,428 T"
98,516
with
1941.
been
dependent
the
144,851
38,678
*82,187
207,209
78,953
*23,812
*156,403
«
Co.-r~Earnlngs—
Cost
of
1942
sales
and
Oper. and gen.
1941
1.940
1939
$262,799
$318,773
$274,106
system
200,437
189,731
53,421
58,381
inputs
of
any
serv.
exps
profit before
El Paso Electric Co.
Operating
deple., deprec., etc..
Other income
$53,212
$64,915
$25,994
$41,079
3,505
5,484
1,099
6,317
Real
depletion,
int.,
'.'0
Inventory
•*
Profit
and
Net profit
$17,961
revenues
$344,801
Balance
$4,116,524
1,558,323
$3,502,714
1,376,425
the
quarterly
common
June
30.
viously
paid
374,814
$74,807
$935,666
$964,592
lives
on
hand,
$140,538;
(less
and
receivables,
$11,980),
$209,831;
inventories;
oil
merchandise, materials and supplies sub¬
$114,092; cash surrender value of insurance of
of
payable
to
bank,
secured
$62,569
(net)
Dr3,686
3,520
$58,884
__
Balance
by
pledge of life, insur¬
ance
policies, $145,000; accounts payable, $47,344; preferred stock
dividend payable, $6,843; due to officers and employees, $617; accrued
liabilities, $68,508; $1.50 cumulative convertible preferred stock ($20
par), $364,920; common stock
($1 par), $460,520;
paid-in surplus,
$1,648,904; earned surplus since Dec. 31, 1939, $24,352; treasury com¬
mon stock
(146,328 shares at cost), $841,479; total, $1,925,529.—V. 154,
'p. 1052.
Service Co.
Period End. Mar. 31—
Total
"
'
Total operating expenses
(&
Interest
Dr23,626
Balance
14,363
$912,040
applic.
addition
22,389
264,610
$55,938
$647,430
Mos.—1941* : 12 Mos.,'42
$192,023
$902,783
128,545
59Q,692
$199,178
140,501
**.—
Income
from
operations
Non-operating income (net)
Provision
ments
,,
:
Fixed
and
$58,677
renewals,
518
$63,997
$317,365
47,700
to
$647,430
requirements——.
to
$549,598
—
El Paso Elec.
the
amounts
——
Co.
shown
above
.67,501
.,,,.
directors
class
June
A
1.
last.
have
and
A
declared
class
similar
B
distribution
Payments in
1941
were
dividend
a
stocks,
payable
was
:
$579,929
of
25
made
cents
10
to
53,508
,
30,025
subsidiaries..——
Fixed charges of East Coast Public
Service Co.'
of
for
East
Federal
income
these
on
issues
April
of
Gross
155,
profit
from
Selling, adminis.
Net
Net
Balance
to
1,206
20,046
4,657
21,433
1,
and Oct.
Net
1,050
Assets—Capital
laneous
$8,181
cost),
ferred
1941,
of over-accrual for the
Balance
Sheet,
$2,681,865;
assets,
Mar.
special
31,
Gross
$63,844;
funds,
,119,386
crued,
miscel-
etc.,
$9,170;
9,653
65,469
46,999
$19,095
$184,855
$188,352
5,000
5,000
60,000
60,000
$14,095
$124,855
$128,352
charges
taxes—State,
Insurance
credits,
$8,762;
accrued,
$9,739;
Note—A
other
and
545
524
6,334
7,085
$13,571
$118,521
accrued,
$25,543;
$5,095;
deferred
$1),
capital
stock
(par
A
company
and
an
ages.—V.
155,
p.
exists pending disposition of lawsuits
filed against a subsidiary of the
unassociated utility company claiming flood dam¬
1212.
$61,750
The directors on May
28 declared a dividend of 75 cents per share
accumulations on the 6% cumulative preferred stock
quarterly dividend of $l,12,/2 per share on the 4Vuft
prior preference stock, both payable July 1 to holders of record June 15,
out of accumulated net profits or surplus.
Distributions of 75 cents per share have been made on the 6%
preferred stock each quarter since and including April 1, 1941, The
previous payment, also ,75 cents per share, was made on April 1,
of
usual
the
1938'.—V.
155, p.
1833.
/
/
r.":\
of
87 V2
payable
with
25
1, 1942.
June 25
cents
Oct.
dividend
cents
made
was
paid:
were
of 50
payable June
The
in
directors have
addition
the
to
common
June
15.
the
regular
stock,
An
extra
declared
par
of
Dec.
March
10,
$1.—V.
10,
per
share has been declared
on
the
p.
The
revs.
Taxes
—,
■
rate
of
86,634
follows:
as
and
per
Florida Power
&
com¬
1
Other
income
Gross
Interest
—
—
corporate ,inc._
funded debt,
rents, etc.
—
Net
inc.
for
—V.
before
retire,
Net
155, p.
dividend
of
40
cents per share
B
1942—Month—1941
in
of
and
taxes-
$186,679
$307,774
inc.
t57,407
t90,000
45,000
$217,774
$195,883
118,909
131,613
$1.05
$1.76
'1 $1.55
on
declared
lease
on
subsidiary company,
tlncludes
banks
royalty
cost
Sheet, Mar. 31, 1942
and
on
for
*
other
for
hand,
$464,602;
*
of
$481,502;
supplies,
charges, $40,227;
for
payable, $35,659; accrued liabilities, $64,982;
compensation, $20,713; dividends declared, $19,-
Federal
income and
excess| profit taxes, $57,407;
$86,212; portion of proceeds of insurance
president, held in reserve pending performance of a
trust agreement dated Oct.
9, 1936, $51,895; class "A" stock (40,000
shares, stated value of $37.50 per share), $1,500,000; class "B" stock
(stated value of $1 per share), $100,000;
treasury stock, at stated
value, $505,431; earned surplus, $1,253,738; capital
surplus, $194,896;
total, $2,930,048.—V. 154, p. 1699.
years'
life
on
of
tax
provision,
former
General Gas & Electric Corp. (&
Subs.)—Earnings—
1942
operating revenues
operating expenses and taxes
1941
$35,432,785 $29,937,339
27,370,517
21,647,690
'
Operating income
Other
income
Gross
Net
$8,062,267
(net)
$8,289,649
86,473
156,924
$8,148,740
$8,446,573
6,821,979
income
from
income,
sub.
oper.
cos
6,580,198
Corp. and merged subs.,
charges
228,529
332,017
$1,098,232
—
income
$1,534,358
Earnings of Parent Company Only
12 Months Ended March 31—
Gross
—V.
:
income
Total other
Net
taxes
deductions from income
income
155,
p.
1941
$561,324
275,954
$647,079
$285,370*
expenses and
1942
income
The
$480,400
166,679
104,052
~
;
189,972
$181,318
$290,428
1834.
directors
$1.50
per
$504,658
$591,470
$5,665,795
$6,010,229
on
1,449
$591,692
$5,667,244
$6,012,880
2,651*
1,574
462,050
55,401
938,380
$506,232
$1,053,742
$5,722,645
Interest
$6,951,260
on
mtg.
bonds
216,667
216,667
2,600,000
2,600,000
on
deb.
bonds
110,000
110,000
1,320,000
331,725
deduc._
31,810
21,574
391,640
225,558
428
53,915
48,223
the
3
declared
preferred
omitted
payable about
the
the
same
the
regular
stock,
payable
declaration
of
quarterly
July
the
1
to
dividend
of
holders
of
common
time.
April 1, last,
the
common
a quarterly dividend of 15 cents
per share
stock, as compared with 20 cents on Dec.
on
dividend
was
paid
23, 1941, and
April 1, July 1 and Oct. 1, 1941.—V. 155, p. 1919;*
':VvSv:s
'
*>;
General Railway Signal Co.—25-Cent Dividend—
■
A dividend of 25 cents
per share has been declared on the common
stock, payable July 1 to holders of record June 10.
A similar amount
was disbursed on
April 1, last.
Payments in 1941 were as followfc July
1 and Oct. 1, 25 cents each; and Dec.
22, 50 cents.—V. 155, p. 1012.
1,320,000
559,753
June
on
but
16,
15 cents each
$504,658
on
share
June
usually
(net)
income
1
accounts
customers'
accounts),
$178,923,;
acqrued
$2,639;
investments
in
marketable
receivable,
(less reserve
workmen's
provision
10,150,759
222
income
Gross
jpi'ofits
"
'
doubtful
$8,106
Liabilities—Accounts
978;
11,629,718
of
—
excess
charges, $36,222; patents, $1; total, $2,930,048.
1,008,804
(net)
income
$240,883
combined
on
inventories,
and
1,056,046
Interest
4,153
4,163
14,869
Other
int.
and
—
$175,340
$174,123
$766,182
$726,079
Net
32,553
38,438
131,590
155,251
97,523
85,081
384,680
$147,755
$705,929
$1,464,920
$2,853,925
applicable to pfd. stocks for period—
1,153,008
1,153,008
Balance
*
Includes
month
$249,912
$232,199
1918,
and
tional
to
V.
(Del.)—Notes—
155, p.
provisions
for
Federal
$311,912
_
taxes
of
$13,839
for
$189,922 for the twelve months ended April 30,
the
amounts
required under the revenue act
$1,700,917
the
current
1942,
of
addi¬
from
1678.
dividend
of
1942
1941
1940
1939
$694,076
$396,729
$335,748
$288,973
315,318
96,216
64,548
Net
ry.
30,988
income
289,345
80,061
54,058
25,047
2,517,581
oper.
From Jan. 1—
from
Net
from
Net
ry.
—V.
railway-
railway—
oper.
155,
p.
income
___
1,567,612
1,252,379
1,153,465
1,001,660
406,747
207,408
182,727
897,350
350,770
173,800
170,161
1753.
1941.—
Gillette Safety Razor Co.—15-Cent Dividend—
Flintkote Co.—Dividend Decreased—
A
1
railwayrailway—:
from
Gross
338,629
*
Gross
Net
income
Dividends
Georgia RR.— Earnings—
April—
struction—Credit
14,991
15,462
16,828
25,000
$11,002 to reduce to market value),
$123,141; prepaid insurance,
balance due from employees, $8,502;
claim
against closed bank
(less
reserve
of $18,069),
$5,922; invest¬
ment
in
wholly-owned subsidiary—at cost, $23,149;
proceeds of,life
insurance policies deposited with Detroit Trust
Co., trustee, $104,091;
property, plant and equipment—at cost (less reserve for
depreciation,
$833,138), $1,188,479; land not used in operations, $49,553; deferred
taxes
record
revenues-
from
plant
$711,088
company
$225,421
General Printing Ink Corp.—Omits Common
Dividend
.1942—12 Mos.—1941
$1,600,274 $17,295,513 $16,160,988
1,607,074
has filed with the SEC a plan for issuance and sale
of $1,000,000 in 3ft notes for the purpose of refunding an existing
note totaling $1,000,000 and due May 20, 1942.—V. 155, p. 1833,
The
53,841
$265,946
stocks
Total
$2,649,887
$751,313
Eastern Shore Public Service Co.
$279,262
96,432
$129,272
taxes
and
and
interest
1,849,663
$169,960
$50,604
$362,379
83,261
13,143
Federal
General Gas & Electric
$3,160,729
$171,187
$45,264
1940-
$241,797
exp._
15,000
share
Deductions
deduc.
rev.
oper.
Rent
1942—4 Mos.—1941
prov.
losses—
1941
stock
$223,094;
On
common
on
Depreciation __J——
on
and June
Interest charged to con¬
Operating income
>.;■! /
1942
1, April 1,
dividend of 60 cents per share on
payable July 2 to holders of record
share was paid on July 2, last year.
$1,560,704
revenues
re¬
W
117,112
paid
securities—at
Light Co.—Earnings—
Period Ended April 30—
have been
?
.
com¬
75 cents
Jan.
Jan.
on
the
This
on
16.
interest
Street Ry.— -Earnings—
160,252
June
last, and
mortgage
Operating
1942—Month—1941
$795,152
$663,699
463,713
1 407,105
Apr. 30—
Railway operating exp._
declared
determined to be payable July 1, 1942, on the
20-year gold bonds due May 1, 1952, is % of 1%,
according to Irving Trust Co., trustee, One Wall Street, N. Y. City.—
V. 145, p. 3496.
first
Other
Railway operating
1,
Fifteen Park Row Corp.—Interest
Payment—
1119.
Massachusetts
Eastern
Per. End.
both
cents
extra
1942.—
previously'
—
Total
March 10, last.
155,
been
record
April
extra
annual
$10,
15
an
pre¬
(111.), Chicago—Correction—*
(net)
wholly-owned
interest
Total
-
.
to
of
on
18,
on
record
$158,536
gen.
Federal
reserve
Total
I
Ferine Brewing Co., Ltd.—Extra Dividend—
.Operating
holders of record May 26.
A similar dis¬
In 1941, the following dividends
25 cents; June 10 and Sept. 10, 50 cents each;
10
on
holders
1,
Eastern Malleable Iron Co.—50-Cent Dividend—
tribution
to
share paid
per
Distributions during 1941 were
and
•Total oper.
stock,
share has
per
June 25
cents
of
cents
disbursed
April
on
.
Balance
119,126
regular of 25 cents each,
25, extras of 25 cents each.—V. 155, p. 1012.
Eastern Gas & Fuel Associates—Accumulated Div.—
account
stock,
Jan.
Dr$34,923; capital surplus, $417,608; total, $3,111,464.
approximately
dividend
pares
25
serial bonds dated Dec. 20, 1923,
June 20 (not Dec. 10, as
profit
«
per
•From
*
Faultless Rubber Co.—87 V2-Cent Divided—
contingent liability
aggregating
company
and
12 Months Ended March 31—
$30,517;
liabilities,
1753.
of
$121,267
112,508
$11,531
declared
155, p.
mon
Federal,
accrued
$445,260;
reserves,
earned surplus,
local
Dividends
—V.
de¬
debt, $2,133,297; accounts payable, $48,212;
deposits—refundable, $9,173; interest—long-term debt ac¬
$13,179;
rights,
declared
holders
tax.
141,352
$12,076
Net income
$148,344;
taxes,
prepayments—insurance,
total, $3,111,464.
debits, $641;
customers
and
$924,704
9,442
accruals
res.
20
operations
income
for
A
reserve
income
Interest
1942
Liabilities—Long-term
A
$980,777
8,694
•.
Balance
Retirement
(at cost), $6,882; cash, $130,109;
cash—special
notes
receivable
(merchandise
$2,642;
contracts),
receivable, $60,780; materials and supplies (at aver¬
(REA),
accounts
$7*187;
and
etc.
$79,973
after
revenue
Non-operating income—
$103,627
investments
deposit
on
1942—12 MOS.—1941
$85,343
$17,076
oper.
taxes,
*Cr222
$8,308
Co.—Earnings-
1942—Month—1941
—
the
Jan.
received
A
class
prior
surplus—
Consolidated
•
8,382
Net
revenues
addition,
on
been
to
of
income
(less
\
1941.
year
673,496,284
patent
Co.—Earnings—
1,
,
83,425
Co..
•Represents adjustment as of Dec. 31,
age
125,878
Operating
has
18
distributions
2094.
p.
income before
Provision
on
trustee, Evanston,
'-■%)
Fall River Gas Works
In
share
per
payable July
quarterly
each
as
and
operating
Miscellaneous
record
A total of $14,000 of
25-year 6% income bonds due July 1, 1962
have been called for redemption as of
July 1, .1942 at 100 and interest.
Payment will be made at the State Bank & Trust Co.,
Period End. Apr. 30—
issue.
Gemmer Mfg.
Earnings
April
on
1
Evanston (111.) Bus Co.—Bonds Called—
taxes
Service
Coast Public
32,000
1,148
:
Provision
securities,
Ltd.—Larger Dividend—
cents
with
cents
See V.
class
share
per
holders
1, July
60 cents.—V. 155, p. 1308.
30 cents each, and Dec. 23,
25
35
value,
$448,390
as
June
follows:
as
this
on
redemption
Dividends
the
of
par
mortgage 6V* ft
for
"Dividends
*
(Del.)—
$501,898
,
$312,090
replace-
retirements
charges of
receivable,
Six Months Ended Mar. 31—
Emerson Drug Co.—25-Cent Common Dividend—
The
5,274
$59,400
—
$63,478
723
1
for
59,534,537
17,871,249
Garland Building Corp.
The first
called
429,357
.
depreciation, the com¬
pany accrued $8,404 for the 12 months
ending Mar, 31, 1942 (1941—
$6,119) for depreciation on automobiles and trucks and
assigned such
depreciation to other accounts.—V. 155, p. 1677.
111.
income
70,425,746
$978,955
22,037
:
dividend
Balance
*In
$78,327
(El Paso Electric Co., Del.)—
Preferred
Subs.)—Earnings—
1942—3
operating, revenue—*..
Gross
'
17,264,500
1407.
Assets—Cash
East Coast Public
1
Wvl
186,750
$36,847
—,
amortization
Liabilities—Note
revs
no
compares
of
p.
ported).
re¬
$1,578,831), $958,689; land, buildings and
equipment not used in operations, at cost less reserves for depreciation,
$193,718;
prepaid
expenses
and
deferred
charges,
$22,428;
total,
$1,925,529,
■■■
■
oper.
income
Int.* and amort, (public)
receivables
officers, policies pledged, in part, to secure note
payable to bank; $175,574; deferred receivables and investments, $110,658; property, plant and equipment (less reserves for depletion, depre¬
ciation
49,849
34,633
•
Balance
Sheet, Mar. 31, 1942
and
taxes-
155,
dividend
stock,
This
526,968
424,047
income
taxes
market;
cost,
at
6,881.061
718,660,357 713,189,884 691,911,949
-
38,597
.
on
2,010,802
17,264,500
Foundation Co. of Canada,
A
1942—12 Mos.—1941
$319,473
122,776
140,732
*$7,796
*$19,784
$10,032
"Loss.
stantially
918,139
17,264,500
•Includes notes and accounts
&C; tPar $5.—V. 155, p. 1834.
30,186
Net
$554,000
$
57,521,618
13,873,406
9,888,891
612,678,531 607,628,389 601,239,506 588,821,275
loss
dividends
Other
at
V;.. v;v;v
$
•
Total
V.
55,192
priced
-
187,823,423
19,736,920
194,752
46,877
products
'
31
68,980,406
&c._
Reserves
405,380
60,367
banks
of
policy."
r
1
Dec,
17,264,500
payable,
248,674
38,756
•■!
in
capital
dividend
718,660,357 713,189,884 691,911,949 673,496,284
422,846
Other
doubtful
Sheet
Liabilities—
18,390
$47,396
for
Balance
796,761
tCapital stock
34,717
$27,093
Assets—Cash
—
—
Total
20,383
$70,399
serve
—*
"Cash
Deferred charges
36,635
$56,717
■
a
making
uncertainties
134,056,274 129,309,938 130,398,265
163,875,337 145,006,010
142,748,017 101,469,372
87,499,430
83,237,332
230,580,916 288,922,676 309,216,442 307,973,616
_____
Maintenance
Federal
etc.—
s
of
estate
143,924,800
Mach'y and equipment- 200,609,863
(Texas)—Earnings1942—Month—1941
Operation
Int., deprec., depl., etc.,
including taxes
'
conservative
favor
been
working
the
(As filed with Massachusetts Commissioner of
Corporatiohs)
1941
1940
1939
1938'
'
•Depreciation
*.
Net profit before
in
future
has
strong
resolve
Assets—.$
com¬
cents per share has been declared on the common
payable June 22 to holders of record June 6.
A like amount
was paid on March 23, last.
Payments during 1941 were as follows:
March 24, June 23 and
Sept. 22, 25 cents each; and Dec. 22, $2.25,iV. 155, p. 502.
period End. Mar. 31—
Net oper.
a
to
Condensed
9.2
Elgin National Watch Co.—25-Cent Dividend—
67,816
of
highly desirable
1753.
p.
Accounts
175,224
54,469
the corporation
maintenance
upon
$284,119
155,117
income—
oper.
155,
net profit for 1942 notwith¬
operations compare most favor¬
its
which
progress
A dividend of 25
.-
3 Mos. Ended Mar. 31—
Gross
The
it seemed
immediate
—V.
stock,
Eason Oil
and
a
corporation's
present
3.3
3,067 :1
f
532,979
2006.
p.
The
■'40,009
1,176,300
302,761
income...
oper.
1942
'
panies not appearing in both periods.—V. 155, p. 2094.
Gross from railway.^..
Net from railway.^—
"Deficit,—V.
able
position
the
at
'
oper.
Prom Jan. 1—
Net
Operating subsidiaries of—
Power & Light Co.—*—*
Electric Power & Light
Corp
'
National Power & Light Co
American
of
that
Ford Motor Co.—Balance Sheet—
,
\
estimate
the fact
has
the
System inputs of client op¬
erating companies of Ebasco Services Inc., which are subsidiaries of
American
Power
&
Light
Co.,
Electric Power & Light Corp.
and
National Power & Light Co., as
compared with the corresponding week
during 1941 were as follows;
"
'•
>*
"
k - *'
/ '
L'
25, June 25, Sept. 15 and Dec, 23, 1941.
V;
Harvey, Jr., President, stated: "It is now impossible to make
J.
standing
Inc.—Weekly Input—
ended
—
Duluth South Shore & Atlantic Ry.~ -EarningsApril—
I.
reasonable
;
of Preferred Stock-
All of the 3,042 shares of $7 preferred stock were recently called, for
redemption as of June 1, 1942, at 110 and dividends thereon to June 1
amounting to $1.17 per share.
Payment is being made at the Chase
National Bank of the City of New York, redemption agent, 11 Broad
St., New York City,—V. 155, p, 1307,
.
$438.15
EWT, June 10, 1942.—V. 116, p. 2636.*
.m.,
Ebasco Services
Driver-Harris Co.—Redemption
March
Girard Trust) Co., trustee, Philadelphia, Pa„ invites tenders
of
first mortgage 5 % gold bonds, due July 1, 1946, as
extended, for sale
and delivery as of July
1, 1942, at a price not exceeding 105 and
interest, to the extent of $21,148.25, a sum now available, consisting
of $5,000 regular annual sinking fund payment,
$6,960.10 received from
845,404
railway——
2183
The
1939
1940
$306,533
:
55,155
^ ^
1,525,469
oper. income.**
from
THE COMMERCIAL & FINANCIAL CHRONICLE
RR.—Earnings—
1941
$261,884
'
•
190,636
.From Jan.'
Gross
"
15
cents
share has been declared on the com¬
mon stock, no par value, payable June 20 to holders of record June 11.
This compares with 25 cents per share paid on March 13, last, and on
per
The
directors have declared
a
dividend
of
15
cents per share
on
the
payable June 30 to holders of record June 10.
This
cents per share paid on Dec. 24, 1941; 15 cents en
July 31, 1941; 10 cents on Dec. 24, 1940; and 15 cents each on March
common
compares
stock,
with 30
29 and June
29, 1940,—V. 154, p. 1630.
0'1
I'HE fCOMMERCIAL ^ FINANCIAL ^HRWICIiE-
2184
Hamilton Watch Co.—To Pay Smaller Dividend—
GliddenCto.—Dividend Reduced—
on'the
stock,
common
The
interim dividend of 30 <cents per share
July 1 to holders of record June 12.
The directors have declared an
payable
the
June
with 50 cents per share paid on April 1, last, and on
and Dec. 23, 1941.
President Adrian
D.
Joyce, in explaining the dividend reduction,
stated that since the company's sales were increasing so rapidly and
therefore increased funds were needed for working capital, the direc¬
This
compares
July
1, :Oct.
of
cents
15
-share
per
All
of
class A
with
Dividend—
of
dividend
a
$1
share
per
on
'
The
50 cents per share during 1941. An extra
share was also paid on Dec. 28, 1941.—V. 155, p. 1407.
quarterly payments of
directors
share
record
Goodyear Tire & Rubber Go.—New Plant Ready—
'of
-government-financed synthetic rubber plants Of "this
started production, according to a Cleveland dispatch,
the
has
company
p. 958.
trustee,
declared
have
15.
June
p.
were
the
share on the
cumulative preferred stock, both payable June 30
holders oi recordr June 12. liike Amounts j were paid on< March 31/
last.
/
is scheduled for completion in
the company
at
reach
have
:
the
output
—
$1,022,843
S.fy ,580,290
'y&yA
•
232,881
Howell Electric Motors Go.—10-Cent Dividend—
,'68;904
78(037 *
from
$100,593
1039&'
operations...
income credits.
$88,083
v
•
:
■
Income
The
have
directors
declared
a
of
dividend
2%
share
cents ;per
Dividends
on
share paid on Dec. 20, last.
The
previous dividend, also five cents per share, was paid on Dec. 24, 1936.
—V. 142, p. 1987;
declared on the common
stock, par $1, payable June 25 to holders of record .June 5. On Dec.
20, last, a distribution of 5 cents per 6hare was made, the first since
.Dec.-24, 1936 when 5 cents was also paid.—V. 142, p. 1987.
of *2'A cents per share has been
<
Great Lakes Terminal Warehouse Go.—20-Cent Div.—
of
dividend
stock,
no
20
been declared on the common
share has
cents per
value, payable June 10 to -holders of record June 3.
A
Dec. 20, last, as compared with 15 cents
par
like amount was disbursed on
Aug. -30, 1941.—V. 451, p. 967.
on
31,250
tax
withheld
at
Green Bay & Western RR.—Earnings—
1942
$186,698
55,699
24,788
731,739
244,274
129,937
Gross from railway
Net from
Net
ry.
,
railway.:..^....
-
income...
oper.
1941
$156,168
50,114
25,912
628,301
209,891
110,674
'
1940
1939
$132,626
33,293
11,874
$139,269
37,637 *
18,789
From Jan. 1—
Gross
railway..
Net from railway—.
Net Ty. oper. income
from
—V. 155,
;
"
1753.
p.
543,031
161,510
77,435
558,218
162,386
'87,136
1679.
York, N. Y.—V. 154, p. 54.
Hecla Mining
directors
the
on
June 1.
March 14,
on
May 28
Greist Mfg. Co. of New Haven*—Debentures Called-—
1,
sinking fund debentures, due Jan.
been called for redemption as of June 20, 1942, at 100
have
1946,
and
int.
of 10-year 5%
Payment will
The New Haven Bank N.
made at
be
trustee, New Haven, Conn.—V.
B.
A.,
155, p. 1511.
Depreciation
The
on
June
the
pany
15
cents per share has been de¬
payable July 1 to holders of
quarterly dividends of 25 cents, the com¬
1, last, paid a special dividend of 25 cents, and on
special »of 50 cents.—V, 155, p. 1013.
a
33,742
6,113
—
the
to
*
♦Includes other Income
1940
and
in
$11,263
+26,016
;
•
Operating charges
Depletion,
—
amortization,
depreciation,
etc
•
—„—
Redeemable
option
at
Gulf & Ship Island
RR.—Earnings—
on
before
again
apply
case
Interest
T942
$135,646
10,982
Net from
'
1940
$121,788
28,254
26,253
3,024
648,784
163,391
railway—:
1941
$160,522
50,038
*19,184
April—
Gross from railway..—
565,463
146,759
421,095
42,779
33,575
38,166
30,654
*54,886
*68,724
; Net ry. oper. Income—
1939
$114,649
18,828
: ;
Net
or
Dividends
*7,944
1,
1944,
Net from
railway
railway
Net ry. oper. income.—
•♦Deficit.—V. 155, p. 1753.
402,351
of
each
in
with
case
the
years
.revenues
1942 47
$177,800
130,961
—————
——
Total operating expenses and taxes—,
Operating income
Other income (net)
companies,
„
(lose)
.
Liabilities—Notes
1941
$167,793
120,510
$46,838
3,117
14,395
.
$43,311
14,400
15,118
$14,926
.
$47,283
3,972
$43,722
——^
(less
$13,793
taxes,
$957,464;
285,945;
of
accounts
payable,
obligations,
long-term
accrued property
capital
$2,000,490;
Retirement
Income
Net
l
reserve
—
accruals
14,400
deductions
income
——
...
—
T—
—V. 154, ,p. 1004.
Hamilton By-Product Coke Gvens, Ltd.—Bonds Galled
102
,
of 5 ck
series A 20-year first mortgage sinking fund
1, 1955, have been drawn for redemption on June 29 at
interest.
and
Payment
will
be
made
at
The
Canadian
of
Bank
Commerce In Montreal, Toronto, Hamilton, St, John, Halifax, "Winixipeg or Vancouver; Canada.
After redemption of this amount there will be outstanding $2,163,500
?of these bonds.—V. 142, p. 3854.
Hamilton
have
declared
stock,
common
par
$20,
and other
stock, $9,-
earned surplus, $16,172,647;
dividend
payable
of
June
♦paid.—'V. 154, p. -431.
20
cents
to
10
.
per
of
holders
V-.
.
■,
Hoskins Mfg.Go*—^Earnings— '
3 Months End. March 31i—
1942
1940
1939
$244,989:
$175,805
$371,140
80,514
83,160
59326
56,805
$260,045
$287,980
$185363
e.»
«
.
1953
of any amount
37%%
-Purpose—Net proceeds will be^^used fo repay approximately $2,075,000
bank loans, and the balance will be added to the company's work¬
The
'
incorporated in
Massachusetts Sept. 19. 1917,
present organization and business of the company are the resdlt
consolidation
the
of
as
July
1,
1931
of
Hygrade
Lamp
Co.
of
Mass,, Sylvania Products Co. of Emporium, Pa., and Nilco
Works, Inc., of /Emporium and St. Marys, Pa., accomplished
through the purchase by Hygrade of the businesses and assets of
Sylvania and Nilco and the issuance of its stock therefor. Company's
Lamp Division combines the electric incandescent lamp business for¬
merly done by Hygrade and by Nilco, and its Radio Receiving Tube
Division combines the radio receiving tube business formerly done by
•Hygrade ;and by Sylvania.
Capitalizaiioii (After Completion of this Financing)
'
"
.-
sinking Tund- debentures———
4%%. cum. conv. pref. stock (par $40)—
3 >/4 %
3,444
881
.
.
Authorized
.
Outstanding
$4,000,000
85,000 shs.
$4,000,0.00
*83,680 shs.
par)
—rM- ,t74Q,00Qaha, ; ,514,368 shs.
*Exciuding 1,204 shares in sinking fund, not reissuable, .and 116
$119,001
v
•»
/Common /stock
1941
$340,560
Manufacturing profit—
Selling, gen. & -adm., exp.
(& Subs.)—Earnings—
Gas Corp,
22, $1.—V. 155, p. 503.
•
a
each of the years 1943 to 1947,
1952, both incl.; and
to 1956, both incl.; together in
•Lamp
of '59 cents per share -has been declared on "the .common
A dividend
than. .for. .the., sinking fund,
Salem,
,
stock, par $10, payable July 1 to holders of record June 20. . This
compares with 50 cents per share paid on April 1, last.
Payments in
1941 as follows: April J., July 1 and Oct. I, 50 cents each; and Dec.
1946;
which
in each
Hygrade Lamp Co. and name was changed to Hygrade Sylvania
on
June 29, 1931. Business is the manufacture and sale ;of
electric incandescent lamp bulbs,
radio tubes, fluorescent lamps and
fixtures, and other electronic products -.and certain chemical products
directly or indirectly related to the foregoing. Regular and special
products, to a large and increasing extent, are being supplied to the
;'.^W(rfUtaity-,':servic«S"And '.for: other war uses.
Pay 20-Cent Dividend—
a
:
1944,
Corp.
Hoover Ball & Bearing Co.—20-Ceirt Dividend—
A total of $62,000
bonds due Nov.
the
directors
fund
Business—Company was
.
income
4.
income of company in
requirements.
share on
of -record
May 30.
This compares with 70 cents per share paid on Deec. 20,
last, and 30 cents on Sept. 22, 1941.
In 1940 a total of 20 cents was
The
Gross
.
June :2,
as
$19,130,601;—V. 155, p. 2007.
Honomu Sugar Co.—To
on
ing capital. $968,000 of the bank loans were, incurred for plant expan¬
sion
and equipment, - and the
remainder to supply working capital
for depletion,
surplus—paid in, $47,500;
capital
total liabilities,
and
y/«
year ,1942.
in other
$223,119;
and
reserves
of
payment, exceeds
Inventories ©f petroleum
supplies, $2,480,142;
investments
deferred accounts receivable,
materials and
special funds
assets
%
reducing
payment equal-to
additional
an
the net
81* 1942 -
depreciation and amortiza¬
tion, $19,740,260), $16,347,277; prepaid and deferred charges, $80,063;
total .assets, $19,130,601.
f?: 12 Months Ended Mar. 31—
Operating
products,
capital
Hagerstown Gas Co.—Earnings—
;
Assets—Cash In banks, Accounts receivable,
part
the year preceding the sink¬
$900,000-and does not exceed $1,100,000
plus 10% of any amount by which such income exceeds $1,100,000,
except that such additional payment on July 1, 1943 is to be limited
to .7/12 of said percentages of any. such, excess net income Tor the
234,436
paid in cash
in
or
in each of the years 3948 to
$80,000
ing
46,986
Condensed Consolidated Balance Sheet* Mar.
whole
a
June 2,. 1945, and reducing % of 1% on June 2,
2, 1947 at the same prices as those
on
incl.;
each
$484,888
paid
as
100% ; 1955 and 1956, 000 %; 1957, 100.
June
to redemptions otherwise
with'accrued interest.
$120,000
$531,874
income
From Jan. 1—
Gross from
i
i.
—
company
The sinking fund will be $40,000 in
.:///>/ .6,367
/
income
of
:aiso'^^b£:siAkihg fund/purposes,: at prices beginning at
Redeemable
by which
Total
June l, -1957. Coupon, deben¬
registerable as to principal only, to
time,
and
$525,507
y
—
—
miscellaneous-
and
earned
$1,000,
indenture with Old Colony Trust Co., Boston, .Mass.,
and ©n «nd -after June
$1,468,297
———
547,677
surrendered lease-,
—395,113
income
operating
Among
including
both
Net
issue of $4,000,000 VA% sinking fund
new
under an
103
i_„—
a
1953, 100% ; 1954,
usual
Interest
$7,501
.
in each case with accrued interest, at 105 initially to
June 1, 1943; thereafter for the respective 12 months'
periods ending June 1 at following prices: 1944, 104; 1945, 103; 1946,
102vi; 1947, 102; 1948, 1949 and 1950, 101 »/2; 1951,• 101V*; 1952, 101;
Ended Mar. 31, 1942
—!
income
$12,604
—%-r
;•
denominations of
in
any
and
provision for undistributed
Three Months
Account for
Income
$1,453
-
r
^
—
—
trustee.
at
;•
operating
/
Dfibentures are dated June l, 1942; due
be issued
as
-
loss
tures
36,834
~
66,404
.
474*.
$6,554
y.
ysons^it Co.; and. Whiting, Weeks /Sc Stubbs, Inc.
(& Subs.)—Earnings—
Honolulu Gil Corp.
——
ing are: White, Weld & Co.; Lee Higginson Corp.; Estabrook & Co.; Merrill Lynch, Pierce, Fenner & Beane;
Putnam & Co.; Hale, Waters & Co., Inc.; Graham, Par-
$192,732
(Contains no
1939.
.—
the firms associated with Jackson & Curtis in the offer¬
1939
—1
155, p. 696.
$7,028.'
^
—
/ibanking groupstoksbn &Gurtis:;
tures are priced at 101^ and accrued interest.
$175,193 loss $21,834
of. $39,397 in 1942, $40,862 in -1941,' $40,275 fn
$210,016
-
1942
debentures, due Jane 1* 195.7., was made June .3. by 'a
330,825
37,129
,
.
•
.
interest————
before
—V. 154, P. 1837:
$438,245
37,058
/
;
•
6,048
■
56,410
;
...
—y.
——
offering of
320,014
102,331
holds and abandonments,
April
on
Dec.
331,434
income
Net
.
;
$588,747
313,526
—;
profits tax.—V.
Gross
15.
addition
In
Dividend of 25 Cents—
quarterly dividend of 25
common
stook, par $25,
regular
clared
1941
/
$645,647
/
Depletion
Consolidated
Gulf Oil Corp.—Regular
record
1942
adjust-
Hygrade Sylvauia Gorp.—Debentiires Offered-^Public
"
;.
1940
415,708
.
.
j/WAy.
1013.
1938.—V. 155, jr.
of $45,800
'
the 5%
on
'
■'
$997,013
—
accrued
Taxes
on
>
1942,
June 11,
operating loss:—
Loss
Go.—Earnings—
expenses
Net profit
A total
Net
.
r.
.
Quar. End. Mar. 31—
income
and
operating revenuesi-w'-v^ii^—$29,875
operating. expenses and taxes^:»—. ; 36,903
Other
1st mtge.
of 4%
of $19,000
Operating
declared a dividend of 75 cents per share
capital stock, par $100, payable June 8 to -holders of record
A like .amount has been paid each quarter since and including
The
:
^
current
payable,
mortgages
Total
Total
bonds, series A, due 1958, have
been called for redemption as of July 1, 1942 at 100 and int.:
Payment
will be made, out of money in the maintenance and improvement fund
and an the sinking fund,
at the Chemical Bank & Trust Co.r .New
♦Gross
Co.—75-*Cent Dividend—
Greene-Cananea Gopper
$61,724;
Ilazelton Water Go.—Bonds Called—
total
last,
bonds, due 1957, ,on surrender; of coupon No. 58, due
Interest is payable at office of Chase National Bank,
155, p. 2095.
r
<
• •
"«
'•
y ,
•
Twelve Months Ended Mar. 31—;
$1,716; deposits on bottling containers, $39,401; Fed¬
eral and State
taxes payable, $49,477;
dividend payable (April 15),
$31,250;
(accruals,
$54,708;
mortgages payable, $137,600;
common
stock, $625,000; paid-m surplus, $257,000; earned surplus, $799,847;
A
March 20,
on
Huntsville Gas Go.—Earnings—
,
tax payable, $14,949;- Federal income
$14,289; employees' deposits—U. S. Defense
total, $2,101,860.—V. T55, p.
April—
1942.
York.—V.
Calanoe/Sheet, Mar. 31, 1-942-"'- :
payable,
source,
1,
New
Bonds,
Savings
was-made
will rbe paid on
%</(
income
/ ment
April
$0:09
-
beverage
$15,000;
payments,
,
"Manhattan RR^—Interest—
Hudson
Interest, of
l-Assets-rCaBh xm deposit /and on foand, $235,210;, U. S. Defehse.iSaVings Bonds—Series G—at cost, $50,000; accounts and notes receivable
met), $247,421; Federal revenue stamps on hand, $6,818; inventories,
$314,236; advance to vendor, $826; investments, $1; property
(less
depreciation of $590,126), $1,072,566;
uncompleted construction Job
orders, $26,530; trade marks and patents (nominal value), $1; inventory. of supplies,
$107,224;
deferred charges cto future . operations,
$41,027; total, $2rl01,860.
Liabilities—Accounts
A
$58,881
31,250
stock
•Consolidated
Grand Valley Brewing Go.—S^-Cent Dividend—
A dividend
——$64,583
period—
common
©n
with five cents per
compares
20,552
taxes-
(Earnings per (common share——i—- $0.10
stock, par $1, payable June -25 to 'holders of record June 5.
common
This
income for
Net
distribution
15,221
income
for
on
$94,354
31,295
charges
Provision
Grand Valley Brewing €o.—15%-Cent Dividend—
$111,592
income
Gross
called
The type of synthetic rubber being produced by Goodyear Is
"chemigum" and Is derived from petroleum.—V. 155, p. 1120.
similar
A
30, 1941. The previous payment, 12V2 cents per share, was made
Dec.*28, 1937.—'V. 154, p.,1054.;
^
.
Oct.
•
•
10.
June
(6,271
Tor war work.
the
The. directors on May 29- declared a dividend ©f 10 cents per -share
on':the( common stock, .par $l, payable June- 20 to holders ^of recofd
/
Profit
.
,
•
Other
■
.A
May
for
-
i; >v'r-- ■'
total^Df $489,000/ of -15-year:;sinking fund debentures due
1, 1954; have beeh called. for> redemption: as of-Ang; 1,-1942/ at •
and int.
. Payment
will be made, at the Maryland Trust Co.,
V'trustee.y Calvert; & Redwood: Sts.,: Baltimore, JM(L ; .or. >at 'the .Bankers
$864,001
:474,133; Vi Trust •'Co.,-16 Wall St;, New York City; or at the Boatmen's National
^Banlt of'^St.,Louis,.St. Louis, Mo.—V. 155* J)./20O7;
v.w;
*
263,923
General and administrative expenses—..::——_
of
.
$442,554 B $389,868
li—..._
—
_
delivery (expenses—
Belling and
this year, according to present schedules.
the government-financed plant will be used
making tires for. the Army and Navy.
A very small amount.of
it
will £0 into
oil-resistant engine fittings, gaskets and couplings.
Production on the initial 2,500-ton plant is also being used exclusively
of
'.
sales
profit
v
•'102%
1942-1941
■
November. Facilities already in operation
capacity of 2,500 tons yearly so the total will
a
32,500 tons late
Most
of
common' stock during 1941 were as follows:
Sept.-30,'25 cents edch; and Dec. 27, 60 cents.
the
on
1529.
-p.
'
•
Tw.;,;. 1.
.Svtbs$ -Earnings—
iSS
Gross
154,
Houston Oil Co. -of Texas—Debentures Called—
6 Months Ended Mar. 31—
Cost
Payments
—V.
244,/s%7V-77.
Harvard Brewing Go. (&
in a Short
time,
A second governmentfinanced synthetic .plant is under construction at Goodyear that will
provide an additional 15,000 tons annual capacity.
This second unit
operations
plant, which is expected to reach full
will have a 15,000-ton annual capacity.
common
March 31, June. 30 Aiid
as
i
adds:
The
Coin. Div.—
May 29 declared^ dividend of 25 cents per- $hare,
stock,-and the regular quarterly dividend of 87V2 cents
on
on
to
\
distribution
A
Payments in 1941
last.
1,
Gas Gorp.--~25-Cent
Natural
directors
per
quarterly dividend at 25. icents per,
a
stock, no par value, payable July 1 to holders of
of 50 cents per share was made on
common
.
which
6
Houston
2831.
follows: April 1, July 1 and
Sept. 30, 37 % cents each; and Dec.. 23, 50 cents.
In addition, an extra
dividend ©f 50 -cents per share was .paid on Sept. 30; 1941.—V. 154,
April
First
the
on
.
.
total, $2,125,204.—-V, 154,
$1,200,000; eurplus, ?$576;097;
tpar *$2.50),
Harshaw Chemical Co.—Dividend ^Reduced;—
was
of 50 cents per
'
The
the
...
.
payable, $63,578; accrued j)ayroll; taxes tend
$142,275;.provision for Federal income taxes,'1941, $483,475;
^estimated ''Federal income and excess proftta;1 taxes for 4942- (lePss
U. S. Treasury Tax Series Notes of $502,600), $143,254; capital stock
the
p.
reserve
expense,
Harding Buildings—Bonds Called—
Chicago, 111.—V. 118,
Ie9e ^re8erve, $4,687;
of $288,358),
•
deferred charges to future
; ■ ,y: ;
: 'y'y,.-. 1; /
Liabilities—Accounts
...f
outstanding first mortgage 5% bonds, due Sept. 1, 1947
have been called for redemption as of July 1, 1942, at 100 and interest.
payable July 1 to holders of record June 18. A sirhilar
made on Jam 1 and on April 1, last, as compared
stock,
(' distribution
i
declared
have
directors
The
goodwill and trade mafks, $1;
operations, $22,522; totail, $2,125,204..;
;
$505,399;
stock, no par value, payable June 15 to holders-of record
compares with 25 cents per share paid on March 16,
in 1941 were as follows:-March 15, June 16 and Sept.
Payment will be made at The First National Bank of Chicago,
Godchaux Sugars, Inc.—$1
lptrtldafipp^'1)$i
receivable, .$8,382,•~"claims ,against"',closed .banks,
land, buildings and equipment (less depreciation
on
Payments
(The)
X55, p. 1120.
results for the year.r-V.
This
8.
-dividend
a
^/Cents each; :and JDec.T5, 50 cents.—V. 155, p. 399. .,' 1 ~
J5,
this time pending final
it best to reduce the disbursement at
tors felt
last.
1
have 'declared
directors
(Common
^
/shares in
treasury.
stock.;
of preferred
(Includes 175,972 shares reserved for conversions
1
<*■
1 ^
Compara'tive Income Statement
.
1 "
.
12 Months Ended March 31—
Operating revenues
-Non-operating income
1942
(net)
1941
$584,194
3,369
—
$565,364
601
Operating profit
Net
inc.
on
bonds
&
iniscell. items——
-
4,908
8,182
'
Gross
revenues
'Operation
.■
Maintenance
General
Federal
Interest
$587,563
:
372
interest
discount
^
and
expense
Non-productive
well
Abandoned leases
acquisition adjustment
drilling expense
—.——
Net loss
—Y.
10,716
?%?■'•
166,557
16,401
5,771
5,632
of .plant
155, p. 1121,
;
$263,490
Prov.
—
for Fed.
inc. tax_
Prov.for Federal
$288,861
$190,871
$127,183
8,529
55,380
Profit
Depreciation
7,892
9,493
10,203
excess
32,100
19,000
$16,875
105
profits tfax-—
Net
157,149
18,331
24,404
4,663
-
$19,937
.
profit
—
Net profit per share—
107,000
$92,581
$0.19
137,45o|
$143,518
" $0.29
.$97,980
' $0.20
Balance Sheet, Mar. 31, 1942
$312,565; -customers' Piotes >and accounts ^receivable
(less reserve of $3,500), $203,432;
sundry accounts receivable, $500;
Inventories, $258,857;
marketable securities at market value, U. S.
Govt, securities
(cost $777,329), $774,264; municipal, listed and mis¬
cellaneous bonds and stock
(cost $65,530), $34,594;; accrued interest
Assets—Cash,
Cost
of
Years Ended December 31
194i
/ .1940
.1939
$7,462,874 $20,561,246 $14,358,809 $11,022,424
-
•goods
Selling,
gen.
expenses
Other
$149,279
$0.31
—-
:Mar.31, '42
Net sales
Profit
85,700
119
—
Depletion and depreciation
Amortization
300
83,513
11,763
taxes
debt
4239,048
44,020
31,466
41,078
—
long-term debt
of
$565,965
257,012
16,220
...
—
———.
income
Amortization
Other
—
—
—
taxes
on
——
—.
3 Mos. End.
Income
Income
Excess
—
-and- adm.
——
from
income
Total
solc(
oper.—
———'
Income—2—
deductions.--—
taxes
—}
profits
taxes.—
Net for
period
5,821,846
15,823,574
•'
-
11,143,641
.
.
2,443,694
1,996*621
1,478,068
$905,359
$2,293,978
$1,218,547
$1,056,614
64,277
114,532
$969,635
5,951
250,-000
$2,408,510
6,324
570f000
425,000
$288,684
.
765,000
$1,067,186-
94,277.
-66,926
$1,312,324
$1,123,541
•
5,199
.
365,000
$880,625
37,656
190,514
136,025
549,210
517.960
dividends——
734
-
266,000
62,000
Common dividends...160,740
Preferred
8,487,742
.
735,669
$856,'807
135,720
409,368
Vbhriiie 155 * Number 4079
V-
Y
v
Comparative ^Balance Sheet
'
AssetS—r
-
THE COMMERCIAL & FINANCIAL CHRONICLE
'
•
,**,■>., v*.
-
31, '42 Dec. 31, '41
$2,061,886
$1,176,883
665,076
receivable
inventories
3,667,808
1,162
5,435,024
Value
of
.marketable securities
on
J.**...--..*
life
u
insurance
policies
Fixed
assets
Deferred
"
437,240
2,836,066
28,751
208,392
:
______
___.
payable
Dividend
146,264
$700,000
preferred
stock..
37,656
Reserves
for
payable
Notes
to
for
23,389
Common
stock
Paid-in
Other
944,530
1,285,920
21,466
2,078,735
■
22,936
3361,754
no
_2,968,199
par)-___—_
surplus
capital
E^ned
surplus......
surplus—
Total
Registration Statement Amended—-
Edison
total
of
Co.—V.
(Mo.)
$5,000
of
155,
filed
vertible -preferred
stock ($40 par). The
shares of nonpar common stock
•105,000
version
of
the
preferred.—V.
155,
..
Gross
1942
from
railway
$13,669,096
railway——
4,541,565
from
Net
Net
ry. oper. income—
From Jan. 1—
•
1941
Gross
$6,170,442
457,511
415,961
$213,874
$117,751
$1,599,749
$1,045,200
28,944
331,902
$189,110
$88,807
operat.
reveni
$1,267,847
r
1,215
i_
Gross
Net
ry.
$7,613,124
1,373,850
1,939,234
1,295,921
554,781
ry.
15,860,579
10,869,313
7,370.061
7,218,324
7,938,318
4,179,785
3,956,568
1940
1939
of
A
Net
1941
$8,795,502
1,676,576
_
from
from
Net
ry.
—V.
2,609,689
1,677,140
$8,865,469
2,154,097
'
641,502
2095.
p.
total
to
1,110,881
The
SEC
42,432,209
37,420,665
35,188,996-
12,348,964
8,674,619
8,188,659
Associated
10,588,426
8,698,410
4,671,228
4,321,320
Valley
-
in
share
the
on
12,
June
share
March
and
March
31,
cents
four
154,
were
interim
made
company
1941.—V.
of
10
cents
stock, payable June 30 to holders
last, an interim dividend of 10
17'/2
the
to
the
year,
dividend
of
10
cents
dividend
A
of
made
$1.62 Vs
the
on
June
to
10
this issue
has
record
declared
been
cumulative
of
preferred
June
1.
on
ry.
7
the
company,
certain
others
step
in
Corp.
Electric
Gold
June
29, 8
cents
new
a
the
of
Co.
share
per
per
on
1941
were
28,
7
cents.—V.
29
has
to
A
total
July
on
102
per
1,
as
cents;
paid
follows:
Aug.
155, p.
$14,300
1949,
and
Bank,
of
of
of
interest.
details
V.
see
page.)—V.
155,
155,
28
declared
been
on
of
Feb.
Feb.
28
and Oct.
Dividend—
the
on
record
June
Inspiration Consolidated Copper Co.—25-Cent Div.—
The
directors
and
May 28 declared a dividend of 25 cents per share
the capital stock, payable June 23 to holders of record June 8.
A
on
like amount has been paid each quarter since and incl.
—V.
155,
March 25,
A
28,
April 28,
5
cents
}ast.
5
cents
each;
railway:
railway
from
ry.
—V.
1941.
Shares,
Group
similar
A
and
class
stock
declared
A,
cn
dividend
holders
to
1
made
was
stdck
2Mj%
a
payable July
distribution
1, 1941.
July
follows:
as
have
trustees
Jan.
record
last,
2,
of
and
Cash dividends have also been paid
March 20,
1942,
2.16
cents
share;
per
Sept.
Bank
May
on
30,
2
Net
from
Net
ry.
1941,
Wright
and April 1, 1941, 2.26 cents.—V. 155, p. 1311.
cents;
per
share has been declared
Gross
(John) Irving Shoe Corp.—Accumulated Dividend—
directors
The
of
account
declared
have
accumulations
dividend
a
the
on
6%
Dec.
15,
37 Vz
cumulative
$25, payable June 15 to holders of record
was
made 011 March 15, last, and
tion
«
of
1941. Arrearages as at March 15,
154, p. 432.
cents
preferred
May 29.
A
June
share
per
stock,
similar
from
ry.
the
&
♦Deficit.—V.
par
Gas
organization
mA;
as
Securities
The
$106,295
1939
1,091,569
238,701
35,363.037
31,446,725
26,978,415
11,097,064
7,344.105
6,061,142
6,951,117
4,760,590
1,552,707
■
•
from
ry.
405,319
25,193
filed
to
Other
be
340,600
♦20,599
♦42,543
626,213
266,406
190.978
Approves Voluntary Re¬
Proposed by Company—
Gross
Net
Net
and
Exchange Commission on May 28 approved the
voluntary plan of reorganization filed by the company subject to
modifications, including the willingness of the company to
from
ry.
Central
—V.
155,
ry.
limited
a
of
holders
to
Deduc.
The
unsecured
having
company
suggested
by
ings and
order
the
for
counsel
the
District
S.
U.
in
the
and
notes
securities
debentures.
the
of
No
new
provision
(R.
Net
—V.
filed
document
a
accepting
the
made
is
modifications
♦216,071
♦245,018
Court
for
the
Southern
income.
1939
$301,519
$147,175
$129,346
51,402
42,919
155,
accumulations
30
to
1941,
given
new
company
since
amended
its
in
participation
some
The
was
Under
the
they
plan.
stock
new
were
of the
of
new
bonds
income
notes
amount
to
be
distributed
to
the
rate
of
first
mortgage
compares
at the
company
2,
of
April
oper.
at
10
the
shares
rate
of
of
new
one
stock
for
share
for
stock,
$1,000
177,808
99,619
67,424
,
filed May 9 the company proposed a modification
plan by which the new corporation would issue only 34,900
stock, all of which would be distributed, along with the
bonds, to the holders of present first mortgage bonds. The plans also
provided that first mortgage bondholders would receive $12.50 for
each $1,000 face amount of old bonds held by them.
In its findings and opinion, the Commission said that if the
pro¬
visions of the mortgage were to be given full effect, the bondholders
would be the only class of creditors w'th any interest in the assets,
the
shares
,
and
:
of
would
be
clearly entitled
to
corporation.
receive
all
the
securities
of
the
new
Certainly, it added, the holders of debentures and notes
appear to have no prospect of sharing in the earnings of the enter¬
prise.—V. 155, p. 2007.
<656,138
$450,418
$2,474,078
173,138
10,811
with
1
10
and
3
Dec.
on
5,
last,
a dividend
of 8 cents per share
July 1 to holders of record June 12.
share paid on Jan. 2, last, and on
1940 and 1941.—V. 155, p. 1514.
July
1,
per
1942—Month—1941
1
1942—12 Mos.—1941
$336,175
1,779
$307,613
1,671
23,078
26,274
$337,954
$309,284
$3,967,692
expenses &
'
-1941
$1,857,879 $24,685,657 $14,009,131
641,455
326,409
10,811
8,243,568
4,229,003
2,559,025
129,731
$949,337
25,190
22,477
302,110
$56,887
$482,915
$628,693
13,461
on
13,461
161,530
161,530
$321,385
$467,163
$5 pfd.
available
"
for
stock
'
$30,567
.
'
$43,426
155, p. 1839.
proposed
Federal
and
following
in stock, and Dec. 24, $1 per share
of
the
Board
of
the
Francisco
has
of
company's
been
Supervisors
to
properties
referred
the
full
by
the
by
the
the
Finance
board.
Kahn, president of the company, has presented
company's properties to E. G. Cahill, manger of
a
valuation
the
Public
Commission.
Agricultural Co., Ltd.—Larger
dividend
of
stock,
compares
25
cents
par
with
15
per
share
payable June
$20,
cents
was
1
to
Dividend—
recently
holders
declared
of
record
on
the
May
22.
per share
paid on March 2, last.
Pay¬
1941 were as follows: Jan. 2 and
April 1, 15 cents each; July
1, 30 cents; and Oct. 1 and Dec. 20, 15 cents each.—V.
141, p. 3696.
ments in
McCrory Stores; Corp.—May Sales—
Period End. May 31—
$4.83
income
lease-purchase
County of San
1942—Month—1941
Sales
$4,749,483
The
company
1941.—V.
155,
in
May
1839.
p.
operated
1942—5 Mos.—1941
$4,100,835 $21,468,114 $18,182,926
203
stores
as
against
McGraw Electric Co.—Secondary
Offering
200
—
in
2
stock (par
a
$1) at
count 50b.—V.
154,
a
May,
Merrill
Lynch, Pierce, Fenner & Beane, offeredrafter the
of business June
close
block of 5,200 shares of common
fixed price of lOVs net. Dealers' dis¬
p.
1265.
'
.
MeWilliams Dredging Co.—25-Cent Dividend—
The
the
directors
common
have
declared
a
dividend
of
25
cents
per
share
on
stock,
payable July 1 to holders of'record June 20.
made on April 1, last, and on Nov. 1 and
Dec. 29,
1941, The previous dividend was also 25 cents per share
paid on Sept 1, 1937.—V. 155, p. 1014.
A
similar
payment
was
Merritt- Chapman & Scott Corp.—Tenders Asked—
The
corporation is inviting offers from the holders of its series A
cumulative preferred stock for sale to the company.
All offers
received prior to June 11.
The directors will meet on June 12
consider the tenders.
On April 30 there were 21,850 shares out¬
6 V2 rIo
must be
to
standing.—V. 155,
p.
1840.
•
■
'
320,644
$44,028
income
Maui
2,305,238
129,731
$5.40
!#■]
VY 7-■
2,563,891
This
1942—12 Mos,
7
$3,486,953
$785,025
accrued
|
$3,513,227
$3,944,614
Depreciated to December 31 last, the properties
were
valued at $1,237,202 by Mr. Kahn
against the $8,350,000 price
on
which the proposed
lease-purchase plan is based. Mr. Cahill said
an
estimate is being prepared for the
city.—V. 155, p. 2008.
the
826.
paid
Samuel
common
p.
cents
Market Street Railway—Purchase Plan
Advances—
directors have
155,
30,
3,182,668
A
declared an extra dividend of 10 cents per share
regular quarterly dividend of 30 cents per share
stock, both payable June 27 to holders of record
June 15. Like amounts were disbursed on April 1, last.
In 1941, the company paid the following extra dividends: April 1,
10 cents; June 25, 30 cents; and Oct. 1 and Dec. 27, 10 cents each.
—V.
of Dec.
229,921
common
Locke Steel Chain Co.—Extra Distribution—
to
on77
paid
was
as
151, p. 3401.
$79,364
—V.
a
payments were made: Dec. 9, 4%
in cash.—V. 155, p. 1409.
the
amount
this issue
on
268,736
Div.
profits
addition
like
A
•
$69,218
Net
dividend of 50 cents per share on the
capital stock, payable June 26 to holders of record June 12.
A similar
distribution was made on March 24, last.
In 1941, only the
in
20.
Arrearages
declared
cents
earnings
Total fixed charges.
The offering has been
%
$0.36
$0.70
is after providing for
The directors have declared
on
June
taxes
of
864,446
The
dividend of $1.75 per share on account
cumulative
preferred
stock,
payable
a
7%
Net
69,822
1754.
Lima Locomotive Works—50-Cent Dividend—
principal
amendment
By
of
634,703
$433,572
payable
revs
oper.
The
having been passed on Apr. 30, 1941.
tComputed on 450,000 outstanding shares after provision for divi¬
on
present outstanding preferred stock, assuming it had been
outstanding during entire period.—V. 155, p. 1680.
each
each
Total
Committee
income___
g>
Corp.—8-Cent Dividend—
June
on
revenues
City and
dends
principal amount
$1,000 face value
of old first mortgage bonds. The remaining 1,548 shares, or 4.24%
of
new stock, were to be distributed to the holders of the debentures and
and
161,540
record
Period End. Apr. 30—
Total
the Revenue Act of 1941 not
$500
133,718
$1,106,556
Marion-Reserve Power Co.—Earnings—
1941,
bond¬
thereof.
present
^
$112,303
30, last year.
common
175,205
taxes on the basis of the Revenue Act of 1941 plus an
increase estimated on the basis of U. S. Treasury
Department proposal
to Congress Mar. 3,
1942.
Net income for 1941 is after providing
for Federal taxes on basis of excess profits tax. amendment of
original
holders
165,387
$1,068,275
the
on
holders
directors
the
170,677
1942
94.548 9
$972,838
154,272
Marine Midland
The
540,926
taxes
excess
plan the new company would
have
issued
$1,745,000 5 %
first mortgage bonds and 36,448 shares of common
stock, par $25. All of the new bonds and 34,900 shares or 95.76% of
the
35,416
$273,843
7
155, p. 1922. "
railway...
for
87,361
$902,888
record May 14.
This compares with 4.6
and 9.3 cents on June 6, 1941,
See V.
14,815
income
21,892
$238,427
-
436,210
180.099
of 5%, less tax,
recently declared, is equivalent to
per American depositary receipt for
ordinary registered stock,
payable to American certificate holders on May 29 to holders
517,954
taxes.
♦Net
3,195,156
dividend
cents
15,967
♦Net
in the new securities to be issued by the
had been excluded entirely by the company
133,474
V*
691,016
Marconi International Marine Communication
Co., Ltd.
522,758
Pfd. div." requirements..
tEarns. jper com. share
32,524
$4,878,851
3,995,242
—Final Dividend—
19,742
Fed.
$5,809,981
said to amount to $54.25
per share.—V.
were
645,363
232,978
sales
1942—4 Mos.—1941
$1,209,415
783,464
133,108
1839.
p.
49,844
after
155,
7
$102,621
June 30 and Dec.
41.789
Net before Fed.
company and issue to present company all of its securities.
In its decision the Commission acceded to' the request of counsel
for some holders of debentures and unsecured notes that
they be
amendment.
v
$127,204
158,270
income
1942—Month—1941
-present
The
PistelJ
loan.—V.
44,841
income
common
1940
Earnings for April and 12 Months Ended April 30
Net
by
bank
$256,893
The directors have declared
of
oversubscribed and the books closed.
Florida to enforce
and carry out the terms and provisions of the plan as modified.
Under the plan it is proposed that a new corporation to be known
as Jacksonville Gas Corp. be formed to acquire all the assets of the
named
of
SEC
and
v.
$212,052
income
Balance
1941
G.)
of
District
be
payment
166,792
30,819
22,104
stock
share by Blyth & Co., Inc.
per
Commission, the latter issued a supplemental find¬
approving the plan as modified and directing that
Commission make application on its behalf to the
will
Inc.
the
1952.
Mansfield Theatre Co., Ltd.—Accumulated
Dividend—
♦152,210
141,686
Le Tourneau, Inc.—Secondary Offering—Of¬
fering was made after the close of business June 4 of a
block of 9,300 shares of common stock
(par $1) at $24
company
with
due
Sons
1942—Month—1941
(rtls., int.- etc.).
Utilities
stock.
the
for
participation
statement
debentures
7
$1,437,625
1,005,758
...
rents—Dr..
oper.
1,105,565
p.
3,560,492
"
RR,—Earnings—
•
rents—Dr
railway.
oper.
fund
toward
Other income
1754.
railway
railway
from
registration
underwriters
109,840
♦108,221
56,419
certain
restore
a
applied
expenses
fac.
Net
From Jan. 1—
Co.—SEC
p;.'
■
sinking
♦24,723
184,249
1942
oper.
%
•
47,196,180
16,586,443
7,032,101
revenues...
Equipment
Jo.nt
$39,049
170,598
from
Net
Net
Jacksonville
$530,802
April—
Gross
'
'
877,095
"
Gross
1940
626,132
p.
1939
$5,773,171
1,945,503
1,378,706
Taxes
Lehigh & Hudson River RR.- -Earnings-
distribu¬
16,
share.—V.
1
1941
income
155,
1940
$7,688,696
4% %
Co., Ltd.
are
Maine
stock,
common
240,602
railway
railway.
oper.
1941
1.978,771
on
Sept.
15 and
1942 amounted to $2.25 per
on
railway
income—
from
Net
:
$7,688,590
1601.
Jan.
on
$382,927
railway
oper.
Net
384,841
Co.—Registers With SEC-—
has
$2,200,000
Proceeds
p.
720,624
:
RR,—Earnings—
offering price will be supplied by amendment.
Principal underwriters are E. H. Rollins &
Payment will be made at the Harris Trust & Savings
115 West Monroe St., Chicago, 111.—V. 155,
From Jan. 1—
2.20
511,322
98,227
2,284,490
1839.
p.
company
of
Co.—Bonds Called—
1942
from
series
Jan.
this
on
Gross
912,330
703,400
121,140\
2,621,261
-
The
9.2
mortgage 6% gold bonds .series A. due
called for redemption as of July 1, 1942, at
April—
29.
1,315,480
:
Lake Superior & Ishpeming RR.—Earnings—
the
on
193,219
;
5,928,849
Non-operating income__
Institutional Securities, Ltd.—Stock Dividend—
The
1939
189,347
$13,700,367
income...
oper.
155,
■
trustee,
$2
'
$572,163
213,211
791,594
railway
railway
from
1940
$653,905
3,194,576
1942
from
Net
and
363.
payable June 10 to holders of record May 28.
A similar distribution
was made on March 10, last.
Payments in 1941 were as follows: June
10, 75 cents; Sept. 10, $1; and Nov. 12, $3.—V. 155, p. 826.
1837.
p.
of
1941
355,735
1,561,609
ry. oper. income...
From Jan. 1—
on
dividend
'
,
VVV
Gross trom
This
28.
Kilburn Mill—$2 Distribution—
on
v1
$863,595
208,499
Louisville & Nashville
This
>■(,
also
fv
common
10.
and April
28
363.
p.
Sec
'
"
4,000,216
April—
the
first
have been
successor
15, 50 cents each.
"1
Tri-City
program
preceding
a
holders
share
Kewanee Public Service
$100,
par
distribution
income
oper.
railway
Net ry. oper. income.—
.•—V. 155, p. 1754. ./
.'V:' /;
of
Tennessee
company,
integration
further
(For
to
property
to
the
subsidiary
a
Mines, Ltd.—7-Cent
June
cents
5
'
'
J
1942
from
and
March 10, last, which compared with $3.25
share paid on Dec. 26, 1941. Arrearages as at March 31, 1942, were
reported to amount to $71.25 per share.—V. 155, p. 1013.
was
and
Dec.
account
on
stock,
similar
A
Electric
payable
with
Payments during
share
per
6*6%
holders
of
$1,
par
compares
each;
payable
&
sell
transfer
another
Associated
dividend
stock,
on
Industrial Silica Corp.—Accumulated Dividend—
accumulations
is
Kerr-Addison
1631.
p.
and
which
would
per
share
per
22Vz
Net
June
record
cents
cents
of
Gas
and
Co.,
per
A
of
distribution
under
This
Co.
1679
order
an
granting
a
wi
1
railway—__ $1,072,531
railway—424,996
Net from
Gross
permitting declarations to become
applications covering several transactions in¬
Electric
K
Gross from
Operating
Operating
1921.
paid.
payments
extra
an
p.
p.
interim
an
31,
of
extra
an
addition
In
last
declared
ordinary
On
general taxes there were
on"L
per-share
as
issued
Authority
Utilities
have
and
program
and
60,408,107
volved
has
Associated
directors
♦$415,662
direct
cents
Louisiana & Arkansas Ry.—Earnings—
oil, gas, sales taxes, etc., which were allocated
appear in operating and other accounts.—V. 155,
and
16, Sept. 16 and Dec.
April—
Kentucky-Tennessee Light & Power Co.—Sale—
Imperial Tobacco Co. of Canada, Ltd.—Interim Div.—
The
$147,434
these
of
20,221,977
-
income—
oper.
♦$484
to
1942.
Per. End. April 30—
effective
railway.*—
railway-
155,
addition
$170,000 of fivst mortgage bonds, 3 V2'/« series, due 1969,
have been called for redemption as of
July 1, 1942, at 107.96% and
interest.
Payment will be made at the Harris Trust & Savings Bank,
trustee, 115 West Monroe St., Chicago, 111., or at the Bankers Trust
Co., 16 Wall St., N. Y. City.—V. 155, p. 1122.
System
railway.— $16,130,221 $10,492,207
railway
5,961,156
2,669,356
income...
30,780,755
From Jan, 1—
Gross
786,598
50
value, payable June '15 to holders of record
cents paid on March 16, last, and 50
Payments in 1941 were as follows:
March 15,
„
1838.
p.
7,067,274
income...
oper.
333,587
792,739
1,082,290
1942
from
Net
328,889
64,924
$97,J18
tin
specifically
$7,86l\248
2,165,835
from
Net
24,556
income
additional taxes such
1939
32,635,004
Earnings
Gross
1940
37,267,042
April—
•,
$704,524
23,882
♦Deficit,
51,099,379
oper.
$1,269,062
of
Common
with 25
^
921
$88,996
50-Cent
dividend
a
827.
p.
Lukens Steel
189
r
67,989
railway
railway.—_
from
5,125,242
$189,187
.
2,
and June
Co.
par
Jan.
on
covering
incomi
no
compares
cents,
155,
$703,602
76
i_
stock,
Cement
declared
This
25
341,598
!_
expensi
$6,984318
5,384,568
Kansas Power & Light Co.—Bonds Called—
from
Net
cents
have
Net
$533,711
con¬
$9,010,355
1,747,915
5.
V.
1942—12 Mos.—1941
$671,385
Net
operat.
Non-operating
R.R—Earnings of Company Only—
April—
common
Net
;_
operat.
Net
Illinois Central
directors
Net
the
'
..
the
June
Net
1942—Month—1941
revenue
Net
company
reserved for
be
to
the
The
From Jan, 1—
Gross from railway.—
24,764
operat.
Total
cumulative con¬
statement also covered
first
Jr.,
Jersey Power
acquisition of
Gas Co.—Bonds Called—
Period End. Apr. 30Total
Vk'fo
1407.
p.
March,
in
its
1838.
p.
"
•
of
shares
50,000
New
Kansas City Public Service
Co.—Earnings—
Corporation May 21 tiled with the Securities and Exchange Commis¬
an amendment to its
registration statement covering the issuance
of. $4,000,000 of Vh'/i;
sinking fund debentures, due June 1, 1957.
statement,
the
with
1st
sion
its original registration
proposed to Issue, and sell
by Judge John Biggs,
that
connection
Longhorn Portland
Dividend—
Gross
$15,341,406 $14,103,149
In
in
mortgage gold bonds, 5% series due 1946,
redemption as of Aug. 1, 1942 at 101 and interest.
Payment will be made at the City Bank Farmers Trust Co., successor
trustee, 22 William St., N. Y. City, out of unapplied balance of sink¬
ing fund moneys.—V. 155, p. 826.
1.285,920
2,078,735
(514,368 shares
A
151,416
3,357,760
preferred stock
Commission
facts
have been called for
99,422
161,988
3,347,200
_:
conv.
Island
Kansas City
239,544
bank
pensions
cumulative
Staten
1,721,957
39,862
liabilities
Reserves
4Vi '/o
the
all
the
37,775
2,088,072
taxes..
current
of
written
452,122
295,143
Provisions
Other
order
disclose
Co.
988,343
619,070
1939
a
Light
decision,
The
court ruled,
however, that Jersey Central Power is a "public
utility within the meaning of the Federal Power Act" because part of
electrical energy generated at its South
Amboy plant goes to the
$675,630
660,009
v
payable, trade
liabilities
Accrued
unanimous
2185
341,350 shares of Jersey Central Power common stock In 1938.
Both companies had challenged the
authority of the Commission to
look into the transaction,
contending their business is primarily within
the State of New Jersey.
'$15,341,406 $14,103,149
to bank
on
Accounts
'
&
Liabilities-
.
Note
court's
upheld
414,490
2,755,500
'31,251
i
The Federal Circuit Court of Appeals at Philadelphia, May
25, ruled
that the company is subject to supervision and
regulation by the Fed¬
eral Power Commission.
The
12,039
i
^
charges
Total
■
__
(net)-..
Intangible assets
•
3,047,575
.1,025
5,406,314
;
-Cash for sinking fund
i
1,111,809
_
'AecGunt8, notes- aodtradeacceptanceSireceiv.----Accrued Int.
Jersey Central Power & Light Co.- -Held Subject To
FPC Rule—
Mar.
Cash
Marketable securities
■
S
\
THE COMMERCIAL & FINANCIAL CHRONICLE
2186
Midvale Co.—To Pay
Comparative Statement of Income for Calendar Years
Smaller Dividend—
*
of
dividend
A
•
stock,
"Y^-with
cents
share has been declared on the common
per
1 to holders of record June 13.
This compares
share paid on April 1, last, and a year-end dividend
July
payable
60 cents
50
per
share on Dec. 20, 1941.,, Prior to the 200% stock distribution
Nov. 1, last year, the following payments were made in 1941: April
©f $2
on
per
Average
April—
1942
<
,
from
railway
$777,900
$724,270
$656,921
208,086
118,175
85,263
54,-648
jfrpm railway—•
Net
122,479
30,308
12,427
187,897
$2,069,426
182,381
Net
railway
4,238,656
3,065,211
2,802,170
2,626,222
Net
railway
income—
.from
1,320,129
583,617
488,557
428,830
953,670
257,622
159,125
93,291
Net -ry. oper.
"Deficit.—V.
Income————
rents—Dr
facility
563,549
rents
155, p. 2096.
—
(Including directly
(Minn.)—Earnings-*—
$3,498,768
from
Canadian
income
:
Net "sales
'
:
$6,171,824
4,287,686
497,583
.
—
1_——$1,386,555
17,808
Other■, income—met
't
'
;>
*
—
1
1
'
a
/\ v
Total income
1
$1,404,362
j.
Interest on income mortgage bonds
Provision for income and excess profits taxes.
Gain
; '.\,4 *•
income
on
mortgage
bonds
'{*,
Consolidated
Earnings
per
net
"•
v.
to
'
V. >'
and
$0.31
.
inventory)
and
to
expenses
(including addi?
follows: depreciation,
production
were
as
$319,754; depletion, $109,946.
Note—Provision
for
profits taxes
excess
has been made
Secretary of the
Treasury, but such provision may require modification upon the enact¬
ment of new tax legislation.-f-V. 155, p. 1680.
Deferred
from
railway.—
Net from railway
Net ry. oper. income
From Jan, 1—
Gross from railway
Gross
Net
from
Net
ry.'
'
$65,619.
436,128
136,187
88,422
.
$98,105
32,187
19,016
.
income...
oper.
♦Deficit.—V.
1939
1940
$113,382
81,207
22,064
railway
Capital
aid
Long-term
debt
and
Audited
z
$64,489
10,480
and
Other
213,721
258,720
36,569
19,640
207
19,257
Profit
_
balance
loss
and
—.
1940
1939
$95,576
Gross
17,554
Net
from
3,428
2,125
6,059
Net
ry.
444,271
109,067
39,834
339,933
100,497
81,504
57,346
Net
from
39,296
29,867
13,351
Net
ry.
Gross
—V.
effect
to
1941
$1,084,131
1,316,291
from
accruals.
tax
55,084
125,984
adjustments made
12
sheet
interest
when
taxes
31,
Mar.
but
for
1942,
31,
unearned
latter
part of
first quarter of 1941,
understated in
31,
has
adjusted
been
to
give
income bonds which became
on
Jan.
on
equivalent
an
1941.
1941,
redemption
the
$63,074
22,
1942.
The
income
applicable to the respective periods.—V. 155, p. 2009;
also
been
adjusted
Modern Collet & Machine
of
12 Va
to
show
the
interest
accruals
cents per share has been declared on the
March
Modine
A
cents
10
incl.
Mfg.
dividend
of
share
per
paid
each
1942.—V. 154,
20,
on
kwh.,
V.
1941
Total
234 377
121,278
267,959
7.557,170
6,056,859
increase
1,732,546
1,000,616
982.527
income
936,584
541,938
no
of
Pfd,
27 declared a
May
on
during
1941
were
follows:
as
March
March 21, last.
on
dividend
A
stock,
quarter
from
common
This
June
com¬
1941
20,
545.
p.
cents
share
per
has been
declared
the
on
common
of
cents
25
payable June
ments
each;
and
National
holders
March
on
March
made:
Power
of
31,
155,
Light
&
record June
In
last.
for
last
10,530,638
$2,850,059
94,706
97,807
385,444
dividends
$648,670
$730,465
$1,768,481
$2,453,086
120,210
120,210
480,840
480,840
$528,460
$610,255
$1,287,641
$1,972,246
declared
divs.
income
of
the
of
shares
90%
of
the
such
dividend
number of
has
under
preferred
shares
consideration
each
payable
75
June
and
20
holders
to
of
25
share
per
including
extra
J).
cents
March
20,
and
cents
paid
of
each
record
10.
June
1942.
a
On
quarter
June
quarterly
of
This
Auto Equipment
Monroe
Net
income
Earnings
,
and
20
50
cents
Dec.
with
Concurrently
compares
Sept.
20,
20.
1940,
paid.—V.
were
to
1940
an
154,
659.
Co.—Earnings—
9 Months Ended March 31—
7
from
after
per
all
charges
share
of
par
no
10
cents
value,
with
stock.—V. 155,
the
offer
$146,102
t$1.16
The
by
Houston
129,834
residential
10,
June
Refining
directors
and
Lighting
&
year.—V.
the
city
council
shares of
com¬
Montana-Dakota Utilities Co.—10-Cent Dividend—
amount
1.
15
dividend
a
the
on
$6
this
on
Arrearages
on
of
prior
of
to holders
made
were
1941.
—v. .155,
declared
have
payable June
value,
like
Dec.
be
received
at
.
A dividend of 10 cents per share has been
stock,
par
$10, payable July
distribution
.and
Dec.
July
was
29,
made
1941,
on
as
1 and Dec.
1, Oct.
1
to holders
April 1,
compared
28,
of
last, and
with
1940.—V.
6
declared
on
record June
on
cents
155,
April
per
1,
15.
and interest.—V.
will
be
total
1,
102 %
of
1947,
and
July 1, Oct.
share
April
on
1
1,
Payment
will
be
made
at
City,
the
Harris
Trust
1941 and 1940 Shows:
Calendar Years—
•Rpveniip
frnm
1941
Tons
revenue
flight
freight
Tons
revenue
freight-rone mile
-
T,
_
i
$16,257,795
6,665,696
1,497,371,056
6%
The
March
including
79,
30,
1942,
estimated
naval vessels
Sales
•On
1,053
passengers—one
Co.. to
'
Average haul per passenger—miles—;
% of pass. rev. to total oper. revs
the
on
of
common
record
June
5.
15,
Louisville
opened
at
&
Nashville
noon
the
provided
RR.
June
on
price
does
30,
Co.,
when
exceed
not
?
the
to
1941.
unbilled
the
balance
prices
for
:
of
the1
1942, amounted to $471,792,961
on
Statement of Contracts in
..
shipbuilding contracts,
construction
company during September
of
certain
and December
compared with
as
March 31,
a
1941.
Progress
Hydraulic
••?■...'■■;■
"
in
Shipbuilding Contracts
30/42 Mar. 31/41
13 Weeks Ended—
Mar.
voted
Turbine Contracts
Mar. 30/42 M'ar.31,^41
'$
Unbilled
'v
balances
contracts
at
of
the
be¬
ginning of period— 471,531,445 449,604,462
Additional contracts
re-
3,769,060
1,544,393
- ••
,
/
record
$1.50
June
share
per
preferred
stock,
contract changes and
adjustments
during
the period
'—1.
on
no
par
38,112,692
on
March
10, last,
and on
1942 amounted to $30 per share.
26,923
1.002
1,920
.509,644,137 449,631,385
of
Distributions
5.
to contract .prices by
;.
3,770,062
.1,546,31?
"
laess' hillings during the
period
paid
on
par
30
March
on
arrears
.
dividend
and
to
31,
each
a
of
$100 each,
holders of
of
on
(See
also
V.
share
per
account
record
share
per
$1.50
of
155,
.tracts at the
on
the period
on
37,851,176
■certain
year's
one
the
loi6.)—
p.
16,441,462
—
a
—
of
Dp—
1942—4 Wks.—1941
1942—20 Wksi—1941,
$7,089,4,78 $5,241,376 $35,200,892 $25,277,426
last, stores in operation totaled 994
earlier.—V. 155,1). 1923.
23,
year
as
compared
~
10,690
1,118,299,466
/••^/
51.17
$1,706,194
$1,163,813
550,392
97,553,321
64,249,197
116.6
117.0
8.67
7.44
naval
company
312,307'
from
1942
railway—$59,701
railway
—
Net ry. oper. Income—
Prom Jan. 1—
Gross
from
Net
from
'if
Net
ry.
—V.
1941
—
oper. income—
155, p. 3765.
vessels-for
$66,930
13,706
40,909
naval
'
The "Uniform
30,562
7,097
30,342
235,660
94,060
129.375
101,999
49,808
59,219
92,108
69,197
December,
were
1941,
for
which
construction
awards
received
were
on
the
company's rolls
Athletic -Club.—No
at
•
Funds
March
30,
,
.
$pr Interest—
Practice Committee of the National Associdtibn of
Inc., has been informed that -.the (Continental Bank
has
1
June
no
on
Of 1955.~^V.. 150, p.
216,055
112,611
awards
received by
and idr- which
Additional shipbuilding- contracts
and
money
the
first
on.
deposit to meet the 1% iixed interest
general mortgage lee modified 2s
and
283.
20,793
219,251
1,234,006
Dealers,
payable
$00,121
11,582
construction
been executed.
vessels
and Trust Co.
.
which
September
during
New»York
••
1940
$44,784
233,547
railway
railway
25,975
3,759,372/
unbilled balance of shipbuilding contracts at the
1942 period includes the. estimated contract prices of
The number of employees
Securities
from
J ^
during the 1942 period represent the estimated'contract ^prices
certain
(2)
V.',-'.-.' 'V'-'
April—
•
1942. exceeded 25,P00.r—y. 155, ;p. 1681.
"
6,220,085
*
by the company in February, 3 942, and lor which contracts have not
•yet heen executed.
••■
:■ "
•' •"
•'»
with
nv *
Ry*—Earnings—
-^
close of
contracts have not yet
>
j
The
beginning of the
Like
con-
-——-I. 471,792,961 433,189,923
Notes—-(1)
accumu¬
19.
June
There .wilL remain
last.
issue.
$1.37%
dividend
/Unbilled balances of
-
837,825
mile
in
May
Gross
revenue
were
stock,
June
Nevada Northern
Net
Number
declared
holders
paid on June 16 and Dec.
ship construction backlog of $433,189,923
••-■.•
Dividend—
1940
$12,906,131
179.8
52.66
payable
Period End. May 23—
82.56
•
to
152.
p.
contract
awarded
and February
1941
received
172.8
passengers
both
a
stock
National Tea Co.—Sales
82.66
revenue
prior preferred
155, p. 1841,
of freight rev. to total oper. revs
% of freight traffic originating on line—
Revenue from passengers
Number
tax
can
1603.
p.
company repoits billings on shipbuilding contracts for the
13
ended March 30, 1942 of $37,851,176 as
compared with $16,441,-
issue
April 1,
declared
have
prior preferred
dividends
V.
Average haul—miles
%
the
and
weeks
&
105.
p.
y
years
directors
amounts
Nashville, Chattanooga & St. Louis Ry.—Annual Re¬
port—
comparison of traffic for the
of
462 tor the comparable period in
1412. ;
p.
5%%
lations,
Savings Bank, trustee, 115 West Monroe St., Chic,, 111.—V. 153,
A
The
the
the
$129,000 of first mortgage S'%. sinking fund bonds: flue
have been called for redemption as of July 1, 1942, at
interest.
15
share
accepted,
of
National -Supply Co.—Accumulated Dividend—
similar
A
(The) Munising Paper Co.—Bonds Called—
A
July
155,
the common
1755.
p.
June
per
the. office
New York
offer
—
.
share has been
per
cents
to
users
Houston
of
were
expenses
150, p. 3668.
Broadway,
On
Power
period
tax
Newport News Shipbuilding & Dry Dock Co.—Billings
on Shipbuilding Contracts
Higher—
by
commercial
small
Co.—Accumulated
accumulations
of
account
tOn
by
vicinity
$150,371
t$1.12
stock.
to
rates
in
,
26 to rescind its recent action contemplating termination of the
profit-sharing agreement under which the company operates, thus con¬
tinuing the profit-sharing agreement as in the past. The rate reduct;on
is calculated to save the public about $200,000 a year.—V. 155, p. 1923.
National
2097.
p.
and
1942
included
Federal-corporation excess profits
1941, as the liability therefor, if any,
payable
20
par
May
1940
*$1.64
common
electric
the
the
to
is
ceived and net addition
1941
$241,106
....
*On 146,834 shares of
mon
1942
reduce
Houston
applicable
provision
for
of
Act
.
with
No
period
lowest
presents.
proposal
a
accruals
40%.
only at the end of the calendar year.—V.
compares
will
of
National tp
employ the services of a nation-wide group of security dealers to
further deposits
under the exchu'hge offer. This group consists of
Smith, Barney & Co., Lazard Freres & Co., and Blyth & Co., Inc.
The SEC heard National's proposal May 27, 1942, and the ruling is
expected in the near future.
'
now
tax
the
common stock of Houston Lighting on the basis
Houston
for one share of National preferred, up
total
the
SEC
The
&
of
rate
a
396,973
proposals for the sale of as many general mortgage 4 % %
50-year bonds of this company as can be purchased with $11,370 (which
amount is 1%
of $1,137,000, the amount of bonds now outstanding)
71
president
Sawyer,
1942—12 Mos.—1941
$3,569,240 $14,973,538 $13,380,697
&
Newport & Cincinnati Bridge Co.—Tenders—
the company, announced May 29 the
extension to June 16, with the approval of the Securities and Exchange
Commission, of the expiration date of the Houston Lighting & Power
Co. stock exchange offer.
Bv the terms of the exchange offer, instituted in Jan., preferred
stockholders of National Power may exchange their stock for National's
B.
Co.—Earnings-
1942—Month—1941
Sealed
change Offer—
P.
year.-**
dis¬
pay¬
Ex¬
Houston
last
New Mexico Eastern Gas Co.—Smaller Dividend—
•
Co.—Extends
week
$2,153,926
Revenue
30, 35 cents
1412.
p.
corresponding
56,191,085
12,819.612
com.
on
This
22. A similar
following
ended
week
was
$828,272
dividends
stock,
the
1941,
June 30 and Sept.
cents;
31, 25
50 cents.—V.
17,
Dec.
to
30
made
was
were
the
2,740,968
be determined
share has been declared on the common
per
for
output
$743,377
to
cents
7,
June
the
over
1942,
3,272,492
Pay¬
25
and
22
23,
chgs.
other chgs.
under
dividend of 25 cents per share
stock, payable June 20 to holders of record June
May
$4,015,868
cap.
before
based
Div.
kwh.
11.58%.
ended
3.72%
expenses
before
Bal.
48,574,455
of
week
surplus
par common
a
England Power Association and other
secondary
sales
to
other
utilities)
was
with
earnings—
Total int. &
1755.
p.
week
corresponding
2010.
p.
gross
Bal.
4.942,731
1.121,133
677,474
4,976,821
1,680,716
railway
!
output
12,73%
or
New
increase
an
preceding
...
stock,
for
taxes
288,179
175,631
the
kwh.,
Association—Output Up 11.58%—
and
1939
478,872
for
electric
reports
1,222,925
hours, both generated and purchased,
subsidiaries for the week ended May 30, 1942
.compared
1941,
an
155,
$1,216,838
523,157
297,540
kwh.
of
kilowatt
available
as
"Total oper.
1940
A like amount was disbursed on this issue
6.
two
Co.—Dividend Decreased—
50
in
and
New England Power
Date
$1,288,120
railway
holdings
Co.—Larger Dividend—
stock, par $1, payable June 10 to holders of record June 1.
with
9,604,132
"
companies
the
Bal.
directors
the
on
by approximately $17,000 for
and
ended Mar.
at
accrued
called
overstated
are
months
during
applicable to the
were
ended Mar.
the
31,
For
A
such bonds
and
to
$1,610,769
income
oper.
155,
The
878,147
have
pares
May
each; Sept. 6, 50 cents; and Dec. 27, 75 cents.—V. 155, p. 1602.
to
amount
applicable
1942
$113,617
A dividend
Year
National Malleable & Steel Castings Co.—25-Cent
statements
to
(the
production
"Federal
-Earnings—
-
Association—Output—
this Association
increase
an
the
Association
reporting
National Oil Products Co.—25-Cent Dividend—.
balance
payable
this
54,198,297
......
deductions...
months
The
-
$2,038,502
railway
oper.
382,473
$1,544,450
estimated that
2.
10,289,340
4,996
1,959,922
427,200
182,624
8,563,347
of
(net).
Due
for
and
1942
railwav
from
15,341
504,273
portion of which
12
April
April—
$85,781
19,088
income
Notes—1.
for
Earnings
income
Income
for
is
New England Power
Total
$74,965,971 $67,360,010
—
tribution
it is
10,528,218
5,469
2,392,648
430,160
182,624
9,877,596
liabilities
Accrued depreciation—misc.
income •■•'
amount
54,701
214,614
liabilities
85,591
Service Corp.-
Retirement reserve
the
746,463
77,576
of
'' *
output
—
liability
tax
268,951
revenues
income
a
66,733
Accrued
ments
1941,
28
285,040
.
144,948
operating expenses and taxes.
Net
40,564
840
1,417,550
accrued
396,101
12 Months Ended Mar. 31—
Total
1,260
depreciation—equipment
physical property.Other unadjusted credits
Additions to property through income and surp.
Appropriated surplus not specifically invested-
30,190
13,384
Net ry. oper. income
—V. 155, p. 1755.
Operating
May 29,
This
May' 29 week is reported at 98,962,000 cubic
feet, an increase of 7,246,000 cubic feet, or 7.90%- above production
of -91,716,000
cubic feet
in
the
corresponding week a year ago.—
V. 155, p. 2097.
118,260
3,265
326,422
2,746
1941
railway
Net from railway..
/■•:•
ended
kwh.
ago.
Gas
From Jan. 1—
Mobile Gas
week
production
year
1,067,157
2,927 y>.
*7,094
$112,494
from
Gross
248,955 *
1,574,915
wages
accrued
interest
current
Deferred
From Jan. 1—
Other
/—
balances—Cr
payable
Miscellaneous accounts payable
Interest matured, unpaid
Dividends
matured,
unpaid
rents
321,932
17,472,000
21,706,000
——
service
car
accounts
518
1942
■
the
10,827,057
above
10,480
299,451
construction
of
9,510
$132,829
railway
Net from railway.
Net ry. oper. income...
Total
For
$25,600,000 $25,600,000
stock
capital
on
in
Missouri & Arkansas Ry.—Earnings-
Operating
532,921
V.
of
Total
Gross
632,986
3,723,325
quarter and, in addition, on Dec. 23, 1941, paid an extra of 10 cents.—
155, p. 1841.
4,659
630,018
stock
Grants
,
current
the
directors
New England Gas & Electric
Premium
$1,
for
common
Period End. Mar. 31—
April—
$19,661
have declared a dividend of 12% cents per share on
stock, payable July 1 to holders of record June 15. <A
;similar payment was made on April 1, last.
From April 1, 1941, to and
including Jan. 2, 1942i the company paid 15 cents per share each
the
155, p. 1577.
Gross-.from
of
taxes
Nehi Corp.—12V2-Cent Dividend Declared—
The
$74,965,971 $67,360,010
Accrued
1941
4,039
Total
Unmatured
Mississippi Central RR.r—Earnings—1942
Federal
2097,
;
2,136,245
■
17,621
15,643
debits
the
p.
263,302
708,041
assets
assets
Unadjusted
to
63,656
1,021,891
2,703,987
—_
$847,508
for
$148,270 for the 12 months ended April 30, 1942, additional
amounts. requii*ed under
the Revenue Act of 1941.—V. 155,
1,234,000
1,910
receivable
dividends
and
current
Unmatured
April—
supplies——1
and
Interest
Traffic
and
income
the recent recommendations of the
having regard to
Material
receivable
$122,196
month and
3,357,050
*
1,550
^
$92,713
pfd. stocks for period-
provisions
.
253,306
;
Net bals. receivable from agents and conductors.
income-—
"Includes
1940
Liabilities-
$411,780
share
3,701,248
accounts
con¬
Cr
Balance
^'
-:
2,100,000
81,062
-—
receivable
bills
charged to
Dividends applicable to
$52,045,627 $49,781,433
8,684,274
8,626,184
—
;
bonds.
deducts.
and
n
income
common
"Depreciation and depletion charged to
tions
120,393
t
1941
equipment
—
deb.
on
int;
struction
Sheet, Dec. 31
■
■■
Special deposits
Loans
899,400
Cr27,211
purchased
••.?,/?
road,
investments
Other
"
k
•Other
255,981
——
Miscellaneous
Net profit on operations
h***
:
in
Temporary cash investments
—...
•Cost of sales
Interest
$703,444
511,963
;
—
Assets—
■V
Cash
31. 1942
Gross income—
Interest on mtge. bonds
1,548,363
—
_
revenues-
income
Net
Net
Other
subsidiaries)
'Selling* administrative and general expenses—
;
$2,251,807
1,610,252
$1,888,517
income——
gross
Dividends
Investments
indireotly wholly owned United States and
or
Income Account for Quarter Ended Mar.
.!
oper.
Other
Interest
Deduction
Comparative General Balance
Minnesota & Ontario Paper Co.
,
income
Gross
From Jan. 1—
from
operating
Net
*38,674
railway.—
Net'ry. oper. income—
Gro6s
revenue de
ductions and taxes__.
1,100,371
railway operating income—..—
$3,309,419
Non-operating income ———i.*
—189,350
revenues
-•Total 'Oper.
12,149,893
14,128,157
1939
1940
1941
Period Ended
Operating
$19,668,767 $15,632,633
expenses
$2,382,369
478,725
165,782
Joint
$982,261
;
•
1,855,540
Total
Equipment
Gross
revenues
1940
.1,110.77
1,110.90
$3,685,070
1, $1.50; and July 1 and Oct. 1, $2 each.—V. 155, p. 1014.
Minneapolis & St. Louis RR.—Earnings-
—J,..:
:
Nebraska Power
°
1941-
-
operated
Total railway operating
Total railway operating
Railway tax accruals
miles
New York
'
Central
RR.—Pays Bonds—
'
I
■
.
the- $300,000 Outstanding. Gouyernfeur & Oswegatdhie RR/
firstmortgage 5% guaranteed "bonds due June 1, 1942, are being paid upon
All
•presentation to R. P. Ahrens, Treasurer of tbe New York Central RR
______
i-rtn-mii.
Volume 155
Co.,
Number 4079
-
Lexington
466
Y.
N.
Ave.,
THE COMMERCIAL & FINANCIAL CHRONICLE
City,
at
their
terest
coupons due June. 1, 1942,-should be
presented separately.--ty. 155, p. 2097.
and
principal amount.
detached
from
the
In¬
compares:with 30 cents per share
bonds
during
each
-r,
1941
share.—V.
New York Connecting RR.
April—C;*.
Gross
from
Net
ry.
railway—.
railway—_
from
Net
from
Net
from
Net
ry.
—V.
r
-
1040 V:
1941
$313,329
'
$346,826
$195,869
255,144
126,507
-.229,614
89,095
80,535
1,019,585
1,398,897
-819,930
916,777
118,863
7
last.
12,
incl.
Dec.
dividend
700,764
1,067,528
565,771
10
cents
$1.20
per
712,877
1,014,416
424,903
526,045
operating
and
taxes
Net
-V,
Thompson, Vice-President of the Erie RE., announced June 2
$1,058,000 of New York and Greenwood Lake Ry. Co. prior lien
5% bonds, out of $1,471,600 outstanding in the hands of the public,
had been deposited at the close of
May under an exchange offer made
last April, and that the exchange date had been extended to July 1,
'
offer
respecting Interstate Commerce Commission
authority have been fulfilled, according to the announcement. On or
July 1, 1942, the Erie RR. will announce whether the conditions
requiring the deposit of 90%, or a lesser acceptable percentage of the
bonds, have been met and will declare whether or not the exchange
operative.—V.
155,
1603.
p.
1,388
$4,446,145
1,964,019
2,000,288
$2,375,972
——
deductions
income
155, p.
659
$4,339,991
$2,445,857
-
1843.
Years
,
Ended
Operating
Total
March
revenues.
operating
31—
and
1,865,368
earnings
$1,143,948
_
Total other income
.'.I.,'
.
.
Total income
'■ /
Pacific Coast Co.
close
1942
of
784,180
sold, oper. exp., depr., depl. & taxes
1,134,204
Profit from operations
and other interest—net.
Consolidated Balance
Sheet,
Balance
Normal
740,101
in
and
loan
cellaneous
ceivable
utility
to
from
and
$112,376;
revenue,
special
materials
tax
4,128
of
campanies,
and
supplies—priced
preferred
stock,
at
$498,482;
/
..
,
A
of
of
total
terest
income
taxes
long term debt, $289,717;
miscellaneous,
unearned
$3,324,712;
$39,422;
construction,
obligation
money
($11,117)
contributions in
aid
of
construction,
operating expenses and
Net
$526,401;
other
capital
$2,829,819;
expenses-
6,321,140
oper.. rev—
$5,112,581
rwy.
Railway
accruals...
tax
Joint
Bank of Chicago,
sur-
American
20,490,024
*$107,865 $17,807,893 $13,376,162
'638,315
12,732,416 - -6,148,416
*$746,180
$5,075,477
$7,227,746
371,071
1,826,658
1,248,110
11,571
17,265
29,660
4
*$392,374
$6,872,476
$8,418,175
2,996
funded
on
17,878
Drl64
$1,674,090
income
Interest
*$374,496
$6,872,312
debt
,
49,263
.
$8,467,439
176,450
176,956
705,885
708,315
$1,497,640
income.
♦Deficit.—V.
155,
*$551,452
$6,166,427
$7,759,124
1942.
p.
Light & Power Co.—SEC Reconvenes
Hearings—
Ended
March
at
10
the
request
the
company's proposal
sinking
for
of
the
fund debentures.
the
will
company,
As
step
a
in
hearings
reconvene
to ^acquire
and
debentures,
Provision
1942
American
parties
SVfe %,
A,
$9,000,000,
Co;
The
of
opportunity
an
due
which
hearing
to
is
be
July
1,
3,634,320
be
outstanding
owned
are
reconvened
heard.—V.
155,
to
by
335,976
for
& Amort.
2,830,168
2,605,892
Miscellaneous Federal—
897,662
2,313,525
income
for
Federal
excess
Provision
Other
&
funded
on
interest
Amortization
debt
debt
profits
taxes
2,166,509
income
Net
Note—(1)
(net)
discount
63,980
expense—L.
&
259,406
—_
$5,336,966
—
Ended
March
Operating income
Operating expenses ;
31—
months
12
charges
periods,
to
such
which
taxes
in lieu
would
$75,787
of taxes
in
an
payable
%
t
Federal
before
income
For
have
been
on
of comparison the operations
and Indiana Gas Distribution
purpose
Transmission
Corp.
the
for
other
-
'
'
Assets—
.
etc..
$57,926
$38,157
...
23,531
18,433
:
Accounts
Mineral
less
cost,
Sheet
March
♦Furniture
12
instances.
Balance
Sheet,
March 31
Deferred
$76,023
field
&
equipment,
140
Property, plant and equipment
♦Intangibles
_
—1
—
1,211,272
1,307,472
2,533
1,738
fixtures..:
assets
1,725,825
investments
127,990
118,412
$1,521,278
$1,503,784
$14
w--.
$10
and
Liabilities—
Federal
taxefe
Deferred
—
Capital
p.
7,044
132,565
174,481
surplus
_.
I—.—
———
depreciation
of
$7,182
in
1942
and
$1,52L278
$7,436
in
175,424
♦$62,041
$73,246
1,660
1,403
849
$143,302
^O^S
$74,095
4,574
i ,5,117
7,026
'
tax
1*393,387
60,544
'
•
731
664
42
$77,520
♦$87,612
dividends
110,339
110,339
$78,449
deficit,
or
tlncludes
Consolidated
110,339
110,339
*$59,820
$135,000 excess profits and surtax.
Balance
Sheet, March 31
on
and
accounts
1941
$3,377,655
$1,413,446
3,572,306
hand
2,423,856
notes
Miscellaneous accounts receivable
Due from
-
1942
and
banks
in
617
;
$50,519
*$197,951
♦$32,818
Assets—
Cash
17,842
9,506
$183,788
46,694
employees and agents
38,384
23,583
Investments
23,940
5,491,485
Inventories
3,785,087
advances
and
716,848
708,664
8,453,263
7,751,509
831,347
831,347
262,876
tReal estate, machinery and equipment..^
184,601
Goodwill
Deferred charges to operation
Total
Liabilities—
Accounts
$3,003,141
$1,738,963
53,350
96,899
;
Accrued taxes and interest
178,612
Sundry accounts
Notes
payable
144,147
for
payable
and
profits tax
excess
1,942,542
______
insurance
263,402
1,921
7,798,534
6,279,052
Earned surplus
2,170
7,798,534
stock
4Vfe %
550,307
271,208
Minority interest in subsidiary
^Common
132,660
108,416
1,400,003
5,112,731
Capital surplus
259,513
823,282
3,110,000
($100 par)___
3,000,000
60,000
Total
1,665,828
2,158.254
cumulative preferred stock
$22,776,056 $17,160,834
♦After
for
reserve
doubtful
accounts and discounts of $109,657 in
tAfter reserve for depreciation of $8,096,898
1942 and $121,548 in 1941.
in 1942 and $7,646,974 in 1941.
^Represented by 441,354
no
shares.
par
155, p. 2011.
$98,492,218 $78,752,005
Petroleum Exploration Co.—Extra Dividend—
$20,184,175 $20,184,175
__
15,000,000
7
10,000,000
1,000,000
_
bonds, series A—
Mortgage
1,000,000
6,250,000
series C_J___
6,250,000
12,000,000
12,000,000
10,000,000
_
Serial notes A, B, C and D_____
5,000,000
long term discount.
Common dividends
Matured
5,000.000
4,501
declared
513,239
15,000
94,781
2,975,199
304,122
230,640
—
and
current
1,659,795
4,941,584
taxes
interest
for
accrued
liabilities
4,969
liabilities
Reserves
the
2,410
45.343
reserves
par
an
$10,
amounts
dividend
extra
quarterly
both
were
dividend
payable
paid
of
of
15
25
June
March
cents
cents
15
to
per
share
per
share
holders
of
last, and on
March
15, June 14 and Sept. 15,
1941, while on Dec. 15, 1941 an
extra of 35 cents per share was paid in addition to the quarterly of
25 cents.—V. 154, p. 58.
on
14,
Pfaudler Co.—Extra Dividend of $1—
The
the
have
directors
declared
an
extra
*
dividend
of
$1
per
*
share
and
quarterly dividend of 50 cents per share on the common
payable July 1 to holders of record June 20.
An extra
share was also paid on April 1, last, while on Jan. 2, 1942,
regular
stock,
of $1
both
per
of
extra
an
9,682,019
1,134,109
50
cents
disbursed.—V.
was
154,
p.
*
248.
8,554,325
Pitney-Bowes Postage Meter Co.—New Director-
754,648
8,264,689
Surplus
Like
5.
June
declared
regular
stock,
43,355
13,332,022
depreciation, depletion and amort.
the
to
common
record
—
long-term debts
Accrued
addition
on
165,000
403,683
directors have
The
in
228,324
I
JL
declared
22,114
fl
dividends
Preferred
Other
payable
Accrued sales and wages
218,929
______
tCommon stock
Other
$22,776,056 $17,160,834
1,419,093
200,017
Class A preferred stock____—
Rickard has been elected to the board of directors to fill a
caused by the recent death of Charles F. Kuch.
who served as a Pitney-Bowes director from 1922 to
1936, is Chairman of the boards of Pejepscot Paper Co. and of Hazeltine Corp., and President of Androscoggin Water Power Co.—V. 155,
Edgar
vacancy
Total
/___
$98,492,218 $78,752,005
♦Representing gas sale and purchase contracts, etc.
tRepresented by
807,367 no par shares.
Mr.
p.
154,
Rickard,
1019.
vv.;.
Bonds Called—
A
States
Northern
week
180,695
$141,642
interest
♦Loss
—V.
1150.
Electric
1,945.222
571,845
153,946
$1,5037784
1941.—-V.
195,894
$584,533
____
profit
5,800,100
deferred charges
Total
130,663
.
6,621,904
$587,301
income
541,129
1.195.000
...
Total
♦After
17.122
10,187
1,188,000
($5 par)
surplus
Earned
16,031
_
credits
stock
Common
$6,870,575
7,178,847
10,400
1,756,015
and expense
Deferred
payable
1939
t
,
$7,297,500
8,695,215
4,396
6,970,060
——
received
notes
Temporary cash investments
Other
'
Accounts
1940
1941
$9,032,751
2,768
187,116
I
—
Accrued
Total
•
1942
income
Reserve
1041
•
$83,430,210 $64,461,784
—
Accounts payable
at
Payments in 1941
cents; and July l and
1942.
40
207,416
Federal income
1942
Mortgage bonds,
1941
.
$179,324'
159
leases
Gas
(companies
included in both periods and certain of the
months ended March 31, 1942 have been restated in
Mortgage bonds, series B__
1942
'
—
reserves.
&
$19,724
3.1
receivable
rights,
Michigan
Corp.
are
Class B preferred stock.—
$34,395
1,
1,
14,385,312
expenses
Surplus
Liabilities—
•
.
Cash"..
of
Assets—
19,179
taxes—
Comparative Balance
amount equivalent
the 1941 earnings
$57,336
17,861
—
Net operating income before depletion,
Depletion & properties charged off_-_—
Net
.
April
1018.
(& Subs.)—Earnings—
income
Common
Line Company if the company had not had
the benefit for tax purposes of deductions for discount premium and
expense resulting from the refinancing in 1941 of its long-term debt.
Prepaid accounts, etc.,
1941
cents;
155, p.
Panhandle. Eastern Pipe
Debt discount
1942
...—
•
$4,822,578
The
Material and supplies
North Central Texas Oil Co., Inc.—Earnings—
50
share
per
payable July 1 to
made on April 1,
$15,177,261
and
Net
1,394,892
59,415
Cr
provision for Federal income and excess-profits taxes
the months of January,
February and March 1942, while based
on
the Revenue Act of 1941, includes an additional amount in an¬
ticipation of new tax legislation.
This provision also includes in both
Accounts
1924.
p.
2,
sales
Minority
1,035,082
1,016,585
_.
deductions
of
taxes
for
Cash
North
Jan.
cents
50
was
subsidiary
1,722,153
depletion
Federal
Other
interested
of
similar distribution
A
17.
50 cents each.—V.
Total
821,548
depreciation,
local
for
Consolidated
the
in
the
give
dividend
a
162,500 shares of capital stock,
Pet Milk Co.
3,111,811
365,581
Special deposits*
Months
follows:
as
Other
Pay 50-Cent Dividend—
against 60 cents per share on Jan.
as
Federal
1941
general
1956,
$6,623,500
to
Co.—To
Interest
$18,497,336 $16,049,924
—
—
Provision
ultimate
Series
of
amount
outstanding
7,
Net
(& Subs.)—Earnings
31—
revenues
certain
contemplated
a
retire
liquidation of the company pursuant to an
order of the Commission for dissolution, North American Light pro¬
poses
to acquire and retire $3,376,500 of its 30-year sinking fund
3
which
merger
155, p. 2098,
Maintenance
acquired Feb. 6, 1942)
on
SEC,
June
its
v
of
$96,252
,
Months
data
The
plan
agreement
9,879
11,268
Red. in val. of invest, in
(2)
North American
of
an
9,879
expense____
May 29 declared
on
Operating profit
value of Pan American Airways Corp.—V.
par
of
.Net
Circle
3 Mos. End. March 31—
be made at The
of $5
.
on
opera¬
trustee, Chicago, 111.—V. 152, p. 3663;
approved
and
$63,654
holders of record June
the issuance of capital stock of $5 par value of Pan
Airways, Inc., share for share, in exchange for capital stock
57,680
$1,671,094
155,250
discount
11,594
directors
the
on
Oct.
Payment will
debt
debt
1,088
1006.
p.
♦Customers'
(DT)
Gross
of
Perfect
Airways Corp.—Merger Approved—
June
$272,759
155,360
for.
Operations
476,772
Net rwy. oper. income
Other inc. items
(bal.)
.
other
facility rents
(net)
long-term
on
154,
Costs
stockholders
Gross
24,113,371
from
revenue
total,
$1,205,893
.
.
interest.
$271,670
$240,376
income
The
mortgage 4>/2%
40-year sinking fund
1915, have been called for redemption as
and
997,177
$234,446
5,930
Depreciation
Pan
Interest
Railway oper. .income
Equip, rents (net) (Cr.f
$1.71
3675.
p.
The
1942—4 Mos.—1941
4,543,769
3,906,688
$178,888
first
1,
102 V2
;
$1,268,847
1,196,359
income
Amortization
Crll6,460
American
$4,435,905 $41,921,265 $33,866,186
oper.
of
July
Taxes—state,
Net
>
Interest
last,
$139,000
1941
«
$1,430,805
taxes______
income
$62,423
Dr1,801
Panhandle Eastern Pipe Line Co.
1942—Month—1941
$11,433,721
revenues,
$87,576
1303.
dated
revenues
earnings
Total
Net
$0.38
1942, at
Co.—-Earnings1942
operating
50,000
$85,775
National
146,
provides
pur¬
reserves,
Ry.—Earnings—
April 30—
oper.
with
Years End. Mar. 31—
—V.
of
1,
in¬
customers'
$103,896;
$13,870;
1926,
V.
12
Norfolk & Western
Period End.
15,
$121,075;
$19,913;
revenue,
and miscellaneous,
plus, $2,353,671; earned surplus since Sept.
$31.957,371.—V. 154, p. 1381.
Railway
Railway
accrued,
for
on
advances
chase
taxes and contingencies
products and merchandise and
bonds,
July
First
t
a
block of 25,000 shares com¬
fixed price of 23V2 net. Dealers'
Miscellaneous
Paducah & Illinois RR.—Bonds Called—
gold
$31,-
3
a
Total
were
Liabilities—Capital stock: 6% cumulative preferred, $4,653,200; com¬
mon. $2,601,500; long term debt, $14,773,000; accounts
payable, $66,947;
customers'
deposits and accrued interest thereon, $126,173; general
Federal
16,911
1,910
(before adjustments)
■
$114,056;
48,220
surtax,, at ,31%__——_—__
tax, on basis of present law—_
re¬
average
total,
,
accrued,
$79,339
income
tSales
$1,395;-accrued
957.371.
taxes
$187,706
...
and
tions.—V. 154, p.
$680,330;
accounts
insurance^ftc., $31,741; deferred charges,
sale
on
cash,
$256,744;
shares,
presently
are
common
compares
53,238
5,335
Earnings per share
mis¬
$1,339,623;
$50,978;
$24,220,
subsidiary
prepaid taxes,
commission
deposits,
of
reserve
affiliated
cost, $127,879;
$100,273;
and
less
(bearer)
directors have
March 31, 3942
subsidiary companies not consolidated,
investments
receivable,
Stock is 3,000.000
$136,705
45,007
.
for additional
Net
accounts
June
(no par) at
Peoples Water & Gas
$238,048
Bond
Sundry adjustments
Assets—^Utility plant, $28,675,420;
cash
($50,764)
and
materials
($31,364) held for special construction project, $82,128; investments
for
New
declared a dividend of. 10 cents per share on
stock, payable July 25 to holders of record July 15. This
a semi-annual
dividend of 12V2 cents per share paid
on
Jan. 24, last, and on July 25,
1941, and 15 cents per share on
Jan. 25, 1941.—V. 155, p. 91.
the
$876,806
806,259
$357,582
business
Total
Prov.
$362,267
:
income
the
on
Exchange.
stock
The
1941
$1,372,252
Cost of goods
Net income
Net
held
shares
Shares"
■;A
."'bv: %;V*-c i'"
Penn Traffic Co.—Smaller Dividend—
■
(& Subs.)—Earnings—
Quarter Ended Mar. 31—
Excess profits
$1,163,841
of
listed
are
Co.; Kidder, Peabody & Co.; F. S. Moseley & Co.; Shields
& Co.; Eastman, Dillon & Co.; Laurence Marks & Co.
Wattling, Lerchen & Co. of Detroit offered after the
payable
Minority share Pacific Coast Cement Corp..
,.'28,072'
•
$1,146,447
;
deductions
'
.
_
income
number
"American
discount 850>—V. 155, p. 1925,
Co.—Larger Dividend—
a dividend of
50 cents per share on the
July 2 to holders of record .June 10.
This
compares with quarterly dividends of 30 cents per share paid on this
issue from April 1, 1941 to and incl. April 1, 1942.
In addition, an
extra of 50 cents per share was distributed on Jan.
2, last.—V. 154,
p. 1495.
stock,
common
$1,135,769
2,499
...
Gross
the
The
exchanged
and
Gross
Net
reduce
93,128.
be
Parke, Davis & Co.—Secondary Offering — The First
Corp., Battles & Co., Inc., Philadelphia; Blyth &
directors have declared
_
$3,001,137
1,996,240
taxes
to
may
....
The
1941
1942
$3,140,187
,
—_
expenses
shares
Boston
mon
tSales
New York Water Service Corp. (& Subs.)—Earnings—
Curb
treasury
bearer
1941
9,326,745
before
is
company's
these
value one bolivar each, of which 2,593,331 shares
represented by "American Bhares."—V. 155, p. 193.
$473387603 ^4^44M85
—,
Ottawa Electric Ry.
K.
that
delivery of these shares will
the
which
par
10,259,932
income—
income
Gross
Total„. income
.
the
In
$14,598,534 $13,772,230
deduc.
revenue
Total other income—
682,519
income...
of
The
Payments
10,
of
1942
,
revenues
oper.
Net
1842.
Conditions
and
York
Years Ended Mar. 31—
New York & Greenwood Lake Ry.--Time for Exchange
Of Bonds for Erie RR. Bonds Extended to July 1—
J.
March
on
to
additional
151, p. 3752.
Operating
Total-
railway—
p.
10
an
-
railway
oper.
155,
paid
Jan.
10,
The authorized and issued Capital
$183,778
•
Dec.
on
Oklahoma Gas & Electric Co.—Earnings—
204,382
-
follows:
as
and
,
1939
•
210,225
income—
oper.
\ From Jan. 1—
Gross
-Earnings—.^"
1942
were
month;
2187
output
ended
30,
May
31.501,000
kwh.
7.8%.—V.
155,
of
Northern
1942,
for the
p.
Power Co.
the
totaled
(Del.)—Weekly Output—
total
Jan.
1,
of
of 1st mtge. & 1st lien 3% bonds, series C, due
been called for redemption as of July 1, 1942 at
1962^
have
101V\ and int.'
States
Power
33,970,000
Co.
kwh.,
corresponding week last
system
for
compared
as
year,
an
the
with
increase
Payment will be made at the City Bank Farmers Trust
Co., corporate trustee, 22 William St., New York City,—V. 155, p. 1843.
of
Pantepec
2097.
Pittsburgh Metallurgical Co., Inc.—25-Cent Dividend.
$250,000
Co. of Venezuela, C. A.
Oil
Issuance of
—
share has been declared on the common;
holders of record June 8.
A similar dis¬
last.
Payments during 1941 were
as follows:
March 15, 50 cents; June 16, 75 cents; Sept. 15, 50'Cents;
and Dec. 19, 25 cents.—V. 155, p. 1125.
A
dividend
stock,
of
25
cents
June
payable
bursement
15
was
made
on
per
to
March 25,
Shares—
Nor I h la nd Greyhound
A
dividend
Lines, Inc.—75-Cent Dividend—
of
75<pents per share has been declared on the common'
stock, payable July 1 to holders of record June 20.
Payments in 1941
were as follows:
June 24. 50 cents: Nov. 20. a year-end of $1.50; and
Dec. 24, 50 cents; none since.—V. 154, p. 1056.
The
to
:
Oahu Ry. & Land Co.—60-Cent Dividend—
A
dividend of
stock,
par
$20,
60 cents per
payable
June
share has been declared
20
on
to holders of record
These
ments
•-
the
June
in
York
shares
r(bank
with
common
rendered
5.
pensation.
This*
York
from
Curb
its
bearer
Exchange
are
as
respect
-
-
-
entered
to
for
;
which
which
company
shares
To
12,500
into
American
shares,
Pittsburgh
is
•
to
The
capital
32,500
Gross
Equity
Corp.,
Net
from
ry.
connection with financing arrange¬
Chase National Bank of New
corporations have assisted
shares
in
question
represent
and
com¬
& West
April
of
with
the above
the
and
General
Corp.,
Net
.follows:
being issued in
loans):
services
has received notice that
treasury shares a total of 50,000
form
shares; to First York Corp.,
5,000 shares. 1
t
;
New
deliver
stock
from
railway
railway-^
oper.
income---
Virginia Ry.—Earnings—
1942
$520,036
165,281
1940
$300,471
41,059
1941
$372,598
111,399
,,1939
$193,064
20,349
123,658
92,574
25,455
*6,191
1,822,225
614,330
1,573,969
547,439
1,365,134
392,255
990,147
257,075
505,971
471,980
328,781
194,770
From Jan. 1—
Gross
from
Net. from
Net
railway.—
railway
ry. oper. income..,
♦Deficit.—V. 155, p. 1844.
,
s..
Monday, June 8, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
2188
iiU»•/
Consolidated
1942'
3 Mos. End. Mar. 31—
„
and
sales
Gross
less
ward
charges'—
Profits
$253,433
$528,221
33,937
$414,044
55,578
-
,
*
16,259
of
*5,247
+8,698
$377,430
58,817
$185,206
31,089
$94,026
25,359
__$133,172
profit
Ndt
*5,677
"5,841
charges
stock
DiVs.'.on pfd.
,__w
on
.
_
Deferred charges
~
—
_—
receivable—
accounts
Installment
10,256,222
204,757
—,
—$18,620,988 $16,447,629
Total.
'
.Liabilities—
payable, trade_
payable to bank
Accounts
Notes
47,250
10,889,371
166,800
267,628
r
equipment, etc.—
machinery,
buildings,
tLand,
43,165
47,250
-
in subsidiary companies____^__
Invesments
652,060
929,821
;
investments
for ores—
collection on
Liability
Advance
*
.
$833,412
$456,971
800,000
1,674
—
»—
_
159,759
sales contract—_
payable June 1, 1941, on pfd. stock—
Accrued liabilities
——
Other .current liabilities
_
Reserve for Fed.
inc. and excess profits taxes
29,299
301,905
29,143
serial certificates
3%
Funded
debt
Reserve
for
21,410
970,912
3,625,934
243,790
,
,
preferred stock
SCommon
stock
jlEarned surplus
Capital shares in treasury
•
"After
1942 and $98,782 in 1941.
tAfter
depletion of $4,719,959 in 1942 and
^Represented by 24,752 no par shares
§Reprepar shares.
^Accumulated since Jan. 31, 1936.—
$4,179,925 ill 1941.
sented by 621,460 no
V.
2,889,750
147,920
and
depreciation
mergers.—V.
proposed
equal
amount
to
twenty-ninth
one
thereof,
adjusted
bonds
are
Co.—Earnings—
for Six Months
called
The
income
Other
_______
—________
199,201
$200,72-2
3,285
______
taies
before Federal income
Net profit,
income and excess profits
Federal
service is made
93,300
Unaudited
1942,
$110,707
profit for the period..
r_
paid-—_———
25,000
$0.44
dividends
Earnings per common share
^
Balance
'
m
in
Assets—Cash
,
banks
28, 1942
Sheet, Feb
and
on
hand,
S.
U.
tax saving
prepaid
etc.,
taxes,
wine
$21,872;
'M
surplus,
paid-in
000;
Net
979; earned surplus,
Co.—Earnings—
Gross
Net
expenses
and taxes
earnings
income
-
$4,130,694
-
(net)
$3,807,844
215,335
175,487
$4,346,023
$3,983,331
2,498,769
2,556,548
369,500
96,000
$1,477,760
6,525,262
deductions
Income
for
—
—
deductions
"Provision
Net
earnings
________
tax——.—
Federal inc ome
income
——
t beginning of period
Earned surplus credit
Earned surplus
Total surplus
Loss' cn sale of
s
5,326,533
48,597
—
$6,657,316
stock
96.254
81,992
50,062
property——
Miscellaneous earned surplus debits (net)
non-utilitv
42,824
"There
is
no
provision
for
excess
$7,912,541
profits tax in
$6,525,262
construction and debt servicing
of
terms
provided
31,
Potash Co. of
the
first
in the first
an
10,000,000
15,000,000
10,000,000
7,623,400
8,500,000
of
each
Puget Sound Power &
Witbrthe approval, of
Webster
Light Co.—Committee—
the Securities and Exchange
the
to
of
sale
pay
of
$150,000
equal
an
the
current
as
._
share has been
Steel
155,
p.
1126.
Dividend—
Corp.—10-Cent
of
cents
10
per
share has been declared on the common
compared
with
cents
20
each
March
on
31,
July
and
825,000
and
An
100,000 shares of its stock at $10 a share was "a legitimate
arrangement" entered into "in good faith and the exercise of
business
sound
York
by the company to James H. Rand, Jr., in 1932 to
option given
purchase
judgment,"
Supreme Court ruled
Justice
Sidney
J,
May 26.
charges
dismissed
Bernstein
of
the
New
minority stockholders who
attacked the option agreement as unreasonable. ' The court pointed
out* that the option was part of a contract employing Mr, Rand as
Bernstein
Justice
the
by
general manager, and that during the five-year period of the option
the company went from a loss of $3,000,000 a year to a profit rf
&
but
1936,
the
that
said
remaining issues in the suit
Leonard
&
Republic Investors Fund, Inc.—Earnings^—
200.000
—_____
Lilienthal
Vv{
&
Co.
Income—Dividends
Stokes
Lowber
Interest
■
Co.-
150,000
Wurts, Dulles & Co.__
150,000
&
Nolan
&
Interest
1,323
Amortization
100,000
Provision
of bond
discount and expense—_
Net
Subs.)—Earnings—
1942 :
3 Mos. End. Mar. 31—
$194,858
_______—
1941
v
17,550
14,550
1,750
t26,049
inc. and excess profits taxes
security
•
;
117
$5,811
"256
period
t5,949
$6,792
transactions
$11,760
tProfit.
♦Loss.
7,003
442
192
income tax
98,086
14,300
from
Net income for
$215,402
104,543
Operating expenses
—
paid
_____—
Provision for doubtful notes
Amortization of intangibles.——
Interest
3,735
442
$7,048
for Federal
realized
6,093
3,735
T—
100.000
Net Income
(&
$16,202
5,558
Co.,
Schmidt, Poole & Co._
Corp.
$14,878
150,000
—
Stokes
•
Employees'
1941
1942
$15,412
1,562
$16,975
3 Mos. End. Mar. 31—
150,000*
Folger,
should go to
trial.—V. 155, p. 2099.
Inc.
650,000
Balance Sheet, Mar.
31, 1942
:: Assets—Cash in banks (held by custodian), $185,090; dividends and
interest receivable, $6,891; due for common shares sold but not deliv¬
2,003
29,696
ered,
$64,064
386),
$259; accounts receivable, $122; marketable securities owned—
statement attached (at current market quotations $1,030,$1,957,443; prepaid expenses, $2,078; debt discount and expense,
at cost—per
Net
$30,665
Income
Earned surplus as
■V
194,080
$13,841; office furniture and fixtures,
164,419
$224,745
y;!::
13,943
V';- '
13,512
at Jan. 1, 1941—
$228,483
/ *
Total surplus
Preferred
,.
-
Commission, Harry
the
Coe
15
200,000
Co.
Walter
825,000
for Fed.
Oct.
held by Court—
v/:;
underwriter
Lynch
Securities
earnings
10,
1941, and 10 cents per share on Jan. 11, 1941.—V. 155, p. 1021.
in
1,000,000
———
Railroad
Dividend—
declared on the common
Remington Rand, Inc.—Stock Option Agreement Up¬
Sons
Edw.
& Weeks-
155, p. 2012.
per
825.000
1,000,000
Inc.—
Presisprich & Co.
Republic Co.
(Inc.),
cents
None
Lewisohn,/ &
Hirsch,
Central
Hornblower
25
400,000
1,250,000
&Co
of
Gregory & Son, Inc.—
1,000,000
1,000,000
Inc
Coffin & Burr,
Prov.
will be used
indebtedness.—
debentures
of
amount
$3,500,000.
Justice Bernstein dismissed another part of the same suit
which attacked stock purchase options given to officers and employees
Moore,
and
Blodget, Inc.
"Gross
Co.,
1845.
dividend
Dec. 29,
2,100
Adolph
requirements.—V. 155, p. 2012.
Jr.,, has been added to the protective committee for
$6 pref. stock.
Other members are; Charles C. Seifert, Jacques
and Edward Perry- Holder.—V.' 155, p. 2012.
>•
p
Kramer,
p.
business
principal
1,250,000
Earned
♦Gross
interest
■
dividend
dividend
Common
S.
Scott &
L. F. Rothschild & Co.
Co.
Equitable
Jqn Jan. 2, April 1, July 1, Oct. 1 and Dec. 24, 1941, the com¬
on Jan. 2, 1941, paid on extra of 10 cents, and on Oct. 1, 1941,
of 25 cents,—V. 155, p. 1019*
the remaining
the public by
Pittsburgh, as
and, in addition
will be offered to
par
also
and Grubbs,
Chicago,
stock, par $2, payable June 12 to holders of record June 2.
On March
12, last, a distribution of 40 cents per share was made on this issue,
196,205,800
19,997,900
30,220,000
20,000,000
200,000
200,000
1,100,000
1,100,000
and refunding mortgage,
name
$3,775,000
of
Proprietary Mines, Ltd.—7-Cent Dividend—
A'j dividend of seven cents per share has been declared on the
common
stock, no par value, payable in Canadian funds on June 30
to
holders of record June
16.
This compares with five cents per
share paid on Feb. 28 and on April 29, last; eight cents on Dec. 30,
1941, and an initial of 20 cents on Nov. 5, 1941.—V: 155, p. 1517.
•
from
company
dividend
A
{
.
at
debentures
the
8,250,400
15,000,000
Thalmann
Blair & Co.,
share has been declared on the common
will be given
debentures on a
new
stock, payable Aug. 1 to holders of record July 21. A like amount was
paid on Feb, 2 and May 1, last. Payments in 1941 were as follows:
Feb. 1, May 1, Aug.
1 and Nov, 1, 15 cents each; and Dec. 24, a
America—50-Cent Dividend—
dividend of 50 cents per
pany
155,
A
26,000,000
15,000,000
Co.,
&
Stuart
by
stock,; par $5, payable July 1 to holders of record June 15. On April 1,
last, a special dividend of 25 cents and a quarterly of 25 cents Were
paid;5:'''In addition to the quarterly payments of 25 cents per share
made
V.
tClosed for further issuance of bonds under
and refunding mortgage.
fUnlimited except
1941.
InC.
—V.
A
the
50,000.000
(no par)
Dec.
Ladenburg,
.
the
underwriters.
Proceeds
by
respective principal amounts underwritten are set forth in the fol¬
lowing table: None of such Purchasers is affiliated withthe Company*
the above-shown
figures, as the company at this time does not have a tax liability
this nature.
tThe surplus earnings of the company are absorbed
offered
be
Cerf Co.,
"
50,000,000
at
R. W.
tEarned surplus at end of period
/
will
of
D.
Reliance
26,000,000
"As
Otis
for
shares
$59,616,309
X
7%
&
their
Reliance Mfg. Co. of 111.—25-Cent Common
$65,000,000
stock (no par)___
conversion:
cumulative preferred stock
Stone
$8,051,619
of preferred stock of the company
exchanging
of
year-end of 60 cents.—V.
cumulative preferred stock" ($100 pan.
&
Ex¬
"Outstanding
t
cumulative preferred
Halsey,
SEC—Plans
With
operating a chain of drug stores in Pennsylvania,
Virginia and Maryland, has filed with the SEC a regis¬
covering $500,000 of 15-year 6%
debentures.
rights
the
2,033,290
8,106,526
2,035,154
6;i87,277
_____
Underwriters—The
Total net
rep¬
acquired
statement
$150,000
Stock liability for
as
those
company,
West
right
the
shares
$1,330,783
<
^
_____
1, 1965
3y4% Series due July 1, 1966
314 % Series due July 1, 1968
3% Series due July 1, 1970
8% Series due June 1, 2037
5% Series due July 1, 2037
3% Series due May 1, 1972
the
for
Pittsburgh—Registers
Floyd
1941
1942
3 Va % Series due Oct.
$5
$8,990,906
which
amounts
par-for-par basis. The balance of any debentures not taken up through
$32,763,960 $30,360,130
8,222,431 10,133,816
income
7%
1941
1942
'
$10,663,190 $10,057,736
—6,532,496
6,249,892
operating revenues
Operating
Other
'
book
"
income
Common
values
down
Holders of $350,000
the
the first three months of
months of 1941, are
Authorized
$210,000; surplus arising from appraisal, $158,$331,800; total, $1,150,603.—V. 155, p. 1517.
Portland General Electric
Ohio.
tration
tlncluding interest and dividends
owned by the company.
Underlying bonds (less $11,616,700 pledged!
First and refunding mortgage bonds
payable, $10,623; Federal income
$93,300; capital stock ($1 pari, $250,-
12 Mos. End. Mar. 31—
$
The
Capitalization
accruals
and
profits tax accrual,
excess
$
March 31—
Ended
Months
Gross
.
Liabilities—Accounts
and
1939
the company for
of
follows:
3
1940
Total operating revenues.-
mortgage receivable, $3,500; total,
$1,150,603.
earnings
at
above
change of Debentures for Stock—
compared with those for the first three
as
Income
$117,816;
certificates, $50,000; accounts receivable—trade (less reserve for bad
debts $13,948), $99,682; inventories, $536,679; excise stamps—Federal
and
State, $9,967;
miscellaneous accounts receivable, $5,520; land
and buildings, machinery, tanks, furniture, equipment, etc.
(less re¬
serve
for
depreciation $284,452), $305,566; brands, trademarks and
formulae, $1; prepaid expenses—consisting of unexpired insurance,
1941 of $600,000.
carried
those acquired subsequently.
cost for
Rand's
Calendar Years
lessor companies not
of
securities
are
prior to Feb. 10, 1932,
These investments, priced at
market quotations, were less than their book amount by $1,314,956 at
April 30, 1942, and by $322,511 on April 30, 1941. Total investments at
market quotations were $7,176,437 on April 30, 1942, of which $5,310,354 were pledged as collateral for the collateral trust V/\ %
bonds.
—V. 155, p. 2013.
provision for Federal income taxes and retirement expenses
for Federal excess profits taxes,
tlncluding appropria¬
tion for reserve in
1932)
$9,009,489
written
resent
and
1941)
(in
and
as
J:Net:
Cash
.
deductions
_
Note—Investments
118,330,090 110.032,133 104,670,052
32,598,555 35,037,933 36.523,418
32,948,847 35,160,992
36,663,649
11— t3,120,133
7,488,255 1:7,472,086
- 24,828,714
27,672.737 29,191.563
income
Net
preferred stock ($100 par)..
(par $10)
Total
subsidiary of Public Service Corp. of New Jersey,
3,431,000 total population. Its five
stations have 919,550 kilowatts capacity and
through. 1,033,000 meters.
Installed gas manufacturing
income
Income
9,337
54,167
24,721
2.113,600
1,631,400
515,047'
474,936
167,698
plant;
operations.
Gross
$4,000,000
3,601
54,167
17,465
2,113,600
1,631,400
515,047
456,397
217,813
,
cum.
stock
Common
a
Earnings for
$8,990,906
$4,000,000
bonds
liability
Series A 6%
capacity at eight plants totals 142.300,000 cubic feet daily and 831,600
meters are in service.
About 25% of total revenues come from gas
$204,008
(tentative)
taxes
Tax
plant; and $5,621,000 for transmission plant.
operating revenues
"Operating income.:....
$743,318
343,395
V/\'/r,
trust
payable
Coupon Interest accrued
in that State having
area
an
$9,009,489
Liabilities-
Accounts
other states,
distribution
for
84,417-
78,629
and expense
discount
bond
...
Collateral
steam-electric generating
on
ij;
Total
years
company,
serves
receivable
Interest
Unamortized
ending last Dec. 31 the company made net addi¬
to its owned and leased electric pi-operties
amounting to $45,794,116 and to its owned and leased gas properties
amounting to $9,791,713.
"After
I
{Operating profit
/
Accrued
1941
$7,990,284
816,897
46,530
52,778
104,172
54,756
receivable...
Accounts
surplus (since Jan. 1,
$13,124,000
are
program
87,041
1942
$8,491,393
280,539
Cash
Earned
this
$129,124
63,408
81,570
31,144
Comparative Balance Sheet, April 30
Investments
betterments
and
dividends
Special
five
the
In
dividends
Preferred
Common
surplus
surplus
in
$247,309
$158,484
63,408
48,942
income
Capital
cash funds
added to
be
will
sale
1941
$96,265
151,044
$262,455
36,077
67,894
dividends
and
taxes
to meet capital and replacement items authorized in the
$32,500,000 in addition to contingent items of $500,000.
upon
items
tions
and
which are being
the
of
Total
Ended Feb. 28, 1943
discts., allowances, freight-out and excise taxes.
Cost Of goods sold—includes all mfg. costs and depreciation
Selling, general and administrative expenses.
Net
savings banks in New York.
legal for investment by
Pennsylvania, New Jersey, Connecticut, Massachusetts and
according to opinion by counsel for the underwriters.
Proceeds
1942
$93,354
169,101
Interest and amortization on funded debt
the nearest
to
$
Income Account
Expenses
1/10%.
even
V
notes
received
interest
Total
ands
bonds
on
Co.—Earnings—
April 30—
Assets—
1941
Salestless
Interest
for the new issue and their bids were as
follows:
Salomon Bros. & Hutzler and associates.
103,519; D exel &
Co. and associates, 103.277; First Boston Corp. group, 102.79; Lehman
Brothers syndicate, 102.3367, and Kuhn, Loeb & Co., Harriman Ripley
& Co., Inc., Blyth & Co., Inc., and Union Securities Corp., 102.87.
Bonds are dated May 1, 1942; due May 1, 1972; redeemable during
the 12 months' period ending April 30, 1943, at a premium of 7'/2%.
On each May 1 thereafter to and incl.
May 1, 1971, the amount of
the initial redemption premium shall be cumulatively reduced in an
155, p. 1517.
(The) Pleasant Valley Wine
Railway & Light Securities
competitors
other
of lack of a quorum.—V.
because
6 Months Ended
155,
priced to the public at 104 ^ %.
The
10,
3, 1942 has been adjourned until
155, p. 606.
meeting held on June
annual
June
made June 3 of a new issue of $15,000,000 1st & ref. mtge. bonds, 3% series, due May 1,
1972 by an underwriting group headed by Halsey, Stuart
& Co., Inc.,. which was awarded the bonds in competitive
sale on June 1 on a tender of 103.5597.
The bonds are
$12,650,000 for production
in
$96,480
of
reserve
for
Radio-Keitli-Orpheum Corp.—Meeting Adjourned—
Gas Co.—Bonds Offered—
Electric &
Service
Public
122,250
$18,620,988 $16,447,629
Total
'
;
reserve,
the
5%
155, p. 366.
The
amount of about
2,329,523
6,124,444
3,211,715
£>rl73,287 > Drl47,480
•
—V.
1941.
through
$9,638;
Dividends
Main
2,329,523
6,124,444
3.723,345
tSerial
669,797
arise
will
415,989
50,000
—_
blast furnaces
relining
;
72,066
payment
of indebtedness.
fund
Sinking
374,203
669,797
Public offering was
The
Dividends
55,816
for Federal income tax for
1927.
p.
•
assets I
55,816
831,802
the
as
which
expenses
on funded debt of $2,148
and other interest of $3,693
Miscellaneous
payable and accruals, $5,456; miscellaneous taxes
reserves for Federal income and excess profits taxes,convertible sinking fund debentures due Dec. 1, 1956,
$750,000; preferred stock ($12.50 par), $871,462; common stock, class A
($1 par), $134,125; common stock, class B
($1 par), $5,000; capital
surplus (paid-in), $364,547; earned surplus, $197,289; total, $3,103,920.
accounts
$121,447;
1942 income tax law has not been enacted,
Federal income taxes are computed on the basis of the 1941 law.
The
estimates
are
without adjustments and
possible deductions for the
amortization
of
the defense
facilities or deductions for financing
in 1942, $2,694 in 1941 and $2,897
in 1942, $2,983 in 1941 and $2,350
in 1940.
^Computed at rates recommended by the Secretary of the
Treasury and including Federal excess profits taxes.
Comparative Consolidated Balance Sheet, Mar. 31
Assets—
v \
'
.1942
1941. ,
Cash
$1,577,610 $1,163,577
"Notes and accounts receivable
1,498,328
1,144,768
Inventories
._
3,244,180
2,935,829
Other
$27,456;
accrued,
$1,370,587
ended April 30,
Inasmuch
(2)
expenses
in -1940
$1,473,550
requirem.
Provision
12 months
in the
bank loan of $6,250, other interest of $478
and'amortization of bond discount and expense of $1,970.
tProvision
for Federal income taxes only.
"Includes amortization of discount and
interest
tlnfcludes
68,843
$126,035
payable, $605,000; dividends payable, April 20,
interest accrued on sinking fund debentures, $12,500;/
Liabilities—Notes
1942,
calendar year 1940
reflects a non-recurring credit of $105,200, due to certain deductions
claimed to be allowable for Federal income tax purposes arising out
of abandonment of street railway property, of which $30,516 is reflected
5,000
•
68,386
$135,144
„
Notes—(1)
9,193
5,000
140,000
taxes__
income
Other
5,000
t37,669
v; 5,000
§284,500
parts
and
Federal
for
Pa.
income
dividend
Pfd.
$146,937
30,020
obsolescence
replacement
Prov.
$269,693
36,571
$562,158
34,051
$469,622
41,109
_
for
Prov.
of
$2,202,389
$2,305,276
831,726
$194,878
$203,530
Total int. & oth. deduct.
other i
before
funded debt
on
Dr 14,887
less
4,770,678
480
$74,573; prepaid
furniture and fixtures at cost
(less reserves for amortization
Intangibles $27,581, $35,367; total, $3,103,920.
interest and expenses, $25,854;
depreciation, $33,076; intangibles
taxes,
$2,202,726
Dr 337
income
Gross
$132,062
14,876
'
charges
5,635,693
$2,320,163
31, 1942
Mar.
$104,143),
notes
unamortized debenture discount and expense,
$1,938;
sundry
Net
Int.
380,290
$194,398
94
income
income
Non-oper.
——
Othert ^income
431,227
$203,436
taxes
oper.
>
$6,973,404
deprec.
expenses,
and
1942—12 Mos.—1941
$7,955,856
$574,688
$634,663
revenues.
Net
$1,428,302
1,296,240
$2,209,937
1,956,504
$3,664,444
3,136,222
other
and
Income
Total
1942—Month—1941
30—
Period Ended April
Operating
^
1,
.
other
before
Profit
V
'
*
$3,487,186
3,073,142
freight _______
and oper.
of sales
Cost
•
«
out¬
discounts,
r.
;v
'
earns.,
doubtful
for
installment notes receivable (less reserves
$2,681,712; cash value life insurance,
$251,399;
Assets—Cash,
Hampshire—Earnings—
Public Service Co. of New
(& Subs.)—Earnings—
1941
1940
1939
Pittsburgh Coke & Iron Co.
:
Sheet,
Balance
surplus.
—-
Mar. 31,
1941.____
tlncludes $5,000 provision
13,943
27,025
stock,
series
received; Accrued
~
for increase in Federal taxes.
$1; total, $2,165,725.
*
shares purchased but not received. $911;
payable, $69; accrued taxes, interest and expenses, $8,063;
dividend payable—preferred stock, $2,441; due for redemption of scrip
certificates and fractions of shares, $1,022; collateral secured 4V2%*
convertible bonds, series A, due Feb. 1, 1950, $332,000; 6%
preferred
$197,289::.; $187,515
include only Interest actually
earned but not collected is not included.
earnings
Liabilities—Due for capital
accounts
■
capital
A, convertible ($10 par), $47,070; 6%1 preferred stock,
$10 par value, $115,660; common stock ($1 par), $289,288;
surplus
(including income equalization account of $4,725),
series
B,
$1,352;437; earned surplus, $16^64;, total, $2,165,725.—V. J55, p,. 1605.
V
.V,
••yi
| ,.;i> !'i
Volume 155
i->
Number 4079
HE COMMERCIAL & FINANCIAL
CHRONICLE
Richardson Co.—Dividend of 40 Cents— I
The directors have declared
stock,
common
June
6.
no
This
ments
in
value,
par
were
30
June
paid
cents
follows:
as
shares
dividend of 40 cents per share on
payable
with
compares
1941
a
March
15
March
on
14
holders
to
12,
June
and
the
of. record
last.
12,
50
April-
Total
operating expenses and taxes..
income
Gross
;
(net)
Income
326,315
$218,505
;
54,254
income
154,
$70,823
ry.
155,
45,539
27,511
"'5,179
1,331,133
1,139,736
153,350
account
of
ferred
June
last.
A
no
similar
each;
March
Oct.:, 21,
16,
$1.50
payable
distribution
1941
dividend
a
the
on
value,
par
Payments in
cents
at
declared
accumulations
stock,
5.
have
were
was
as
of
37'A
cents
cumulative
June
made
15
$1,392
on
follows:
issue
this
June
share
per
directors have
common
*18,911
Sept.
on
declared
dividend of
a
1941
37'A
50 cents; and Dec. 15, 37'A cents. Arrearages
totaled $15.12 'A per share.—V. 155, p. 1731.
1942
as
1942
1941
$247,848
$135,937
136,159
97,360
75,807
Selling, adimin. and general
Operating profit
$244,007
Other incomeTotal
Other
1,774
853
for
income
4,261
w
134,000
Operating
Operation,
pfd. stock
on
common
$90,330
3,381
stock
Sheet,
April 30,
inventories,
doubtful
accounts,
32,756
.$487,089;
dividends
contingencies,
stock
($1
$486,021;
payable
$163,983;
on
stock
stock,
($20
capital surplus,
total, $2,233,354.—V. 155, p. 1219.
for
taxes,
reserve
$180,320;
$685,763;
operating
Net
for
earned
All
91?
Total income deductions
88,799
Federal
income
March
31, 1942, includes amounts for the
1942, computed at an estimated normal tax
Balance
taxes
92,431
for
of
the
ended
March
31,
99.016
for
deferred
liabilities, $22,448; reserves, $604,358; contributions in aid of
construction, $38,755;
capital
surplus,
$1,792,919;
earned
surplus,
$1,082,778; total, $5,656,409.—V. 155, p. 542.
Corp.—Earnings—
Selling
1942
$7,358,393
Net
doubtful
129,522
Total
Income
7,902
income
excess
Net
Common
19,498
16,473
$2,208,197
$1,783,608
30,718
20,410
tax
by U.
due
bank
in
1942,
(214%)
1936,
mortgage
redemption
be
made
follows:
serial
bonds, due
July 1, 1942, at
of
as
at
the
or
at
Exhibit
•373,205
Dr373,205
interest
will
such
Balance,
Mar.
be
railway
railway—;.
Net
from
from
Detroit
the
Trust
First
Co.,
National
ry.
Bros.
&
Hutzler
was
amounted
that
assets
Balance
before
These
138,932
22,822
138,933
income
1941
$419,943
$0.70
$0.60
share
on
due
beginning
March
June
bonds, Series A,
presentation
payment
and
thereof
that
15,
due
for
such
1,
and
excess
profits
tax rates which
are
taxes
for
1942
have
presently in effect;
1942
less U. S. Treasury tax notes and
$2,006,400), $3,604,653; 15-year 314% sinking
due in 1942, $150,000; bank loan, payment
long-term debt, $2,700,000; note payable to
connection with emergency plant facilities contract,
$3,832,883;
common
stock
representing
1941
>
*$1,421,353
30,268,753
$1,1Io;722
dividends
32,267,030
deposits
for
26,411
131,796
141,974
379,552
153,430
$32,238,043
Special
and
$34,028,601
$358,852
$fe>718
receivable, etc
.
dividends—..
Total
payable
Due for securs. loaned
against
Due for securities
Bank
%.
cash.
364,718
6,000
—
for
taxes,
expenses,
175,309
etc
cumulative preferred stock ($25
par).
$1.50 cumulative convertible stock
($5 par)
Common stock ($1 par)
stock
in
owned
market
or
at
2,121,585
2,056,940
13,120,604
Brll9,330
£*"4=0,572
the
1941
absence
Mar.
on
that
31,
1931,
thereof,
on
amounted
to
amount shown.
Shawmut
1940
$21,731,129,
the
$8,537,624
or
in
1942
income—
1941
less
than
the
$5.50 cumulative prior
1941
1940
1939
$97,580
$80,122
10,434
10,079
10,324
3,898
2,514
1,980
$73,361
$84,987
$67,818
58,492
58,492
38,995
39,130
$15,269
stock
cap.
income
•Net
tax
$26,495
$28,823
$16,619
$68,094 '
'9,652
&
tax
earnings
Dividends
declared—
Surplus
"
' 2,693
$55,749
•Exclusive of gains and losses from
securities.
Surplus Account, March 3.1
3 Mos. End. Mar. 31—
Capital
surpl,
Loss
on
Net
profit
securities
for
'=■2,646
•='34,071
1941
1040
1939
$2,272,195
$2,126,556
6,520
$2,226,596
74,139
$2,117,885
sold.
26,492
28,823
16,619
$2,178,952
$2,193,721
$2,138,740
14,869
1.
$2,280,944
as
treas.
013,501
$127,180
541,627
402,428
458,817
128,564
"9,997
39,470
83,985
*3,899
*141,862
*100,947
1758.
*47,013
period
above—
shares—
of
19,660
15,620
1942
31.
Dec.
Cap. surplus, Mar. 31
1939
JProfit.
4,435
'
.
Balance
Sheet,
March
31
1941
1940
Assets—
at
market—
1941
—*$3,264,127
Shs.
of cap. stock of 7 suburban
banks...
Notes & accrued interest receivable
$3,910,435
1,679,272
1,711,044
33,413
33,644
602,315
Total
690,602
$5,610,899
Liabilities—
1942—4 Mos.—1941
1939
1942
Investment
Southwestern Railway—Earnings—
$6,313,953
1
t
$2,068,316 $12,520,041
of
$88,093
Expenses
Cost
49,143
$3,349,347
lolvlr
Association—Earnings—
3 Mos. End. Mar. 31—
may
$151,567
1942 -Month—1941
at
Subsequent purchases are carried at
market quotations as at Mar. 31,
1942, or,
their then fair value in the opinion of the
t2,800 shares In 1942 and 850 shares
stock at cost.—V. 155,
p. 698.
Total
carried
are
date.
on
stamping
amount
$94,796
....
$32,238,043 $34,028,601
Investments based
corporation,
6,325.000
2,056,940
—
•Investments
cost.
;
...
Total
45,317
9,900,000
12,517,339
—.————
tTreasury
135,009
40,097
8,900,000
6,181,250
2,121,585
.
loans
$5.50
on
and
225,964
p.
!
:
1942
$8,255,865
1,796,426
1,239,579
6,947,831
4,998,130
564,793
114,273
2,098,670
450,729
tCcmmon
Capital
stock...
$5,000,000
;
surplus—
$5,000,000
2,280,944
taxes—
16,683
Unreal, deprec. of sec. other than bank
stocks. Drl,686,728
2,178,952
Reserve for
12,265
„.
$988,128
$714,464
$3,473,540
$2,807,00&
21,559
24,542
96,161
93,207
Total
$1,009,687
$739,006
$3,569,700
$2,900,213
p. 1317.
184,288
961,864
inc.—
$678,229
$554,718
$2,607,836
$2,185,060
income.
8,297
7,583
31-,259
29.467
Dr877,264
715,153
—
"Cost
inc..
oper.
Deductions
Net
rail.
oper.
Non-operating
Sheet, Mar. 31, 1943
payment
3,
equiva¬
$4,950,855.
$5,610,899
—...
tRepresented
by
390,000
no
$6,313,953
shares.—V.
par
155,
been
S. Treasury Dept.,
thereon
were
'1 f' *'j
;;
—
—„
331,459
rail.
1942,
loans
1942,
1942,
1978,
756,193
Railway operating inc.
Other railway oper. inc.
Total
31,
,
bank
assets
—
St. Louis
,
deducting
Sheet, Mar. 31
Assets—
Fed.
83,401
income.—
155,
net
to
banks
Mar.
on
than $1,583,609 on Dec.
31, 1941.
or more
reports
$23,120,160 on Mar. 31, 1942.
lent to $58.17 per share of
prior stock.
in
350,150
,
.
$8,537,624,
Company
and
47,943
railway
oper.
349,462
Note—The unrealized depreciation of
investments
cost
$232,308
railway—..
*Deficit.—V.
347,194
$12,517,339 $13,120,604 $14,211,616 $14,516,421
$3,500 for prior year's over-accrual for Federal
...
installment
made
gold
1942
from
ry. oper. income—„
From Jan. 1—
Gross
Dr664,955
——
336,606
31
deducting
income tax.
the unpaid fixed and contingent interest accrued
during the years 1940, 1941, and 1942, upon the securities
April—
from
Drl67,470
cum.
Stock
after dlvs.
Net
8,322
.
$12,853,945 $13,467,798 $14,561,078 $14,866,572
$5.50
•After
3/101,811
1,146,582
Federal in¬
on
Surplus
Salomon
$581,698
v
secured
by
assignment of reimbursing
payments
from
Govt,
(see
contra), $663,633; preferred stock (no par) (36,512 shares $2.50 cumu¬
lative
convertible
preferred stock), $1,189,088;
common
stock
($1
par), $926,547; capital surplus, $1,219,843; earned surplus since Jan.
1,
Clemens, Mich.—
Gross
income
Deducs.
Net
from
$686,526
gross
155,
p.
$562,301
250,554
inc.
251,880
$2,639,095
$2,214,527
1,006,669
1,005,144
.
$435,972
$310,421
$1,632,426
outstanding 1st mtge. bonds due July 1; 1943 have been
redemption as of July 1, 1942 at 100 and int.
Payment will
San Gorgonio Electric
dividends
of
each
paid
on
July
15
and Oct.
fractional
15,
last
year.
June
15.
Oct.
1
on
This compares with
quarterly dividends of 50 cents
previously, the last disbursement at this rate
haying
14, 1942.—V. 154, p. 260.
March
stock,
This
no
The company is
notifying holders of its serial
that it has called for
redemption on July 1,
par
a
value,
compares
with
debentures series A,
1942, all of these deben¬
tures
(except
terms)
The
at
those
105%
Commercial
maturing
and
on
accrued
National
35
cents
paid
on
April
1,
last.
on
the
record
Dis¬
during 1941 were as follows:
April 1, 35 cents, and July 1,
and Dec. 27, 50 cents each.—V.
155, p. 1127.
date
interest.
Bank
&
in
accordance
Redemption
Trust
Co.
of
will
New
with
be
York,
their
made
46
at
Wall
.
'
•'
••."
1
*
1
r
/
Sisters of Charity of Cincinnati, Ohio (Good Samaritan
Hospital and Seton High School)—Bonds Called—
A
total of $25,000 of first and refunding
mortgage collateral trust
series A, due July 1, 1949, have been called for redemption as
July 1, 1942, at 100 and interest.
bonds,
An
dividend of 25 cents per share
July 1 to holders of
payable
said
St., N. Y. City.—V. 153, p. 563.
of
Sangamo Electric Co.—25-Cent Dividend—
tributions
6.
paid
-
compares
$2.50
The directors have declared
common
paid
June
Corp.—Accumulated Dividend
directors
recently declared a dividend of $1 per share on the
$6 cumulative preferred stock, no
par value, payable May 29 to hold¬
ers
of record May 25,
on
account of accumulations. This
with
share
Sioux City Gas & Electric Co.—Debentures
Called—
be made at The Anglo California National
Bank of San
Francisco,
trustee, 1 Sansome St., San. Francisco, Calif.—V.
155, p. 1685.
The
per
$1,209,383
of the
for
directors have declared dividends of 25
cents per share on the
and class B
stocks, no par value, payable June 15 to holders
A
record
1845.
San Francisco Paramount
Corp.—Bonds Called—
All
railed
of
been
income
—V.
Signal Oil & Gas Co.—Dividend Decreased—•
The
class
$150,000;
in
866,803,
surplus
Dividends
St. Louis San Francisco & Texas
Ry.—Earnings—
Gross
k>J.
Jan.
tax, etc
securities
preferred
against
14,000
Liabilities—Accounts payable—trade, $782,629; accrued taxes
(other
than Fed. inc. and excess profits
taxes), pay roll, int., royalties, etc.,
$742,033; reserve for federal income and excess profits taxes (subject
debentures,
of
from
...
——
157,500
may be exchanged for the bonds under any plan of reorganiza¬
tion of the company which
may be finally confirmed.
Interest is payable on bonds at office of the
company arid on cer¬
tificates of deposit at office of Chase National
Bank, New York.—
V. 155, p. 2099.
Period End. April 30—
$3,031,520;
accounts
receivable
(less
reserves
for
doubtful accounts $67,381),
$2,143,257; inventories (less reserves $127,999), $4,394,642; prepaid expenses and deferred
charges, $124,097;
advances to U. S. Chrome
Mines, Inc.—not affiliated, $26,042; invest¬
ments in and advances to wholly owned subsidiaries not
consolidated,
$854,693; emergency plant facilities—constructed or
acquired under
terms of
contract providing
for reimbursement to the company by
the U. S. of America in 60 equal
monthly payments, less payments of
$34,928 to Mar. 31, 1942 (see contra), $663,633; fixed assets
(less
reserves
for
depreciation and amortization, $1,512,400; construction
work ih progress, $178,142;
patents (nominal value), $2; total, $15,959,688.
review
to accrue
$192,396
12,237,319
and
which
Railway operating revs.
Railway operating exp._
Railway tax accruals—
Assets—Cash,
to
or
916,000
$509,725
accrued interest
will
as
the
indicating
251,500
22,822
Balance
fund
,
of
bond)
17,000
common
computed at the
for
mortgage 4'/2%
deposit therefor,
1,174,000
-
$671,479
Note—Federal
were
315,000
profits tax
tax
dividends
per
legend
a
credited
75,021
41,649
14,898
Cash
dividends
Surplus
Earnings
with
of
be
Net
$1,767,134
profit
Preferred
5,930
$2,188,699
income
income
37,500
accounts
deductions:
Federal
State
refunding
consolidated
certificates
$323,963
88,424
68,752
157,500
reoffered at prices to yield from
were
Net
income
Federal
88,828
37,500
profit from operations
Miscellaneous
62,306
employees'
special compensation
for
$5,577,033
3,615,333
67,832
expense
Provision
come
Sales
Fed,
$1,000
per
1939
-
__
profit
acct.
1, 1936
Refund on
Consolidated 4*/2S—
part-payment
($15.44
the
10.
1941,
$22,959
-301,004
$383,450
—
arid
loss
1941
4,926,937
General and administrative expense
Prov.
for
officers'
and
executive
$141,355
Harris, Hall & Co., 99.286 for 2'As; J. S. Bache &
2'As; Central Republic Co., 99.527 for 2'As; Halsey,
Inc., 99.377 for 2%s, and The First Boston Corp.,
on
July 8,
on
508.
Investments in securities—
Receivable for securities sold
2%s.
Interest
June
income
Reserve
first
called
Payment
years
Co.,
preferred
1941
158,633
purchase of equipment by carriers
for
last, $1
p.
purchased
submitted
&
A
returns and allowances
bids
account
on
record
Liabilities—
interest.
99.340
Stuart
total, $5,656,409.
Liabilities—Capital stock, $50,000; first mortgage 5% gold bonds,
$1,695,000; due to New York Water Serv. Corp. loan account,
$277,000;
accounts payable,
$19,059; customers' deposits and accrued interest
thereon, $3,337; general taxes accrued, $12,244; Federal income taxes,
$47,302; interest on long term debt, $7,063; miscellaneous, $4,146;
...
...
Net
associates, 99.2599;
Co.,
of
377,010
Cash
68,752
Sanitarium of Mount
have been
ten
30
155,
share
per
$32,100
44,144
23,858
outstanding
over
of
Chemical
participating
holders
Dec.
on
$1
and
to
1942
181,954
365,407
:
22
$29,742
—
44,144
925.
the
paid
182,390
$413,883
1949,
to
The
3 Mos. End. Mar. 31—
etc.
0.90% to 2.40% according to maturity.
45%.
Assets—Utility plant,
$5,458,791;
miscellaneous
investment
and
special deposits, $436; cash in banks and working funds, $64,105;
accounts
receivable, less reserve of $3,810; $59,305; accrued utility
revenue, $23,293; materials and supplies, priced at average cost, $37,517; prepaid taxes, insurance, etc., $12,054; deferred charges, $908;
Gross sales, less disc'ts,
Cost of goods sold
$889,954
363,867
income and excess profits taxes—
dividends
and
one
ended
year
Sheet, March 31, 1942
Rustless Iron & Steel
$1,384,129
354,447
fered June 2.
$101,518
quarter
rate
33,502
was of¬
Salomon Bros. & Hutzler, Dick & MerleSmith and Stroud & Co., Inc. were the successful bidders
for $2,120,000 certificates for 2s.
The certificates due in
$193,948
$117,015
for
$856,452
15,916
debt
stock
control
$205,814
provision
$1,368,213
St. Louis-San Francisco
Ry.—Equipment Trust Certi¬
ficates Offered—The first railroad
equipment trust certi¬
ficate issue to come to market since the WPB assumed
$193,857,
40
Net income
253,818
83,568
-
of
cumulative
June
1941.—V.
expenses
Income
Co.)
93,565
trustee, 201 West Fort St., Detroit, Mich.,
Bank, West Bend, Wis.—V. 155, p. 56.
350,362
$205,774
„
179,051"
etc.—
Bank
the
Balance, surp, Dec. 31.
1941
dividends
p.
of
1,
100'A
1941
432,567
Electric
$544,219
Other income
Note—The
6,
Bonds Called—
surplus,
1942
expenses and taxes
income
Oct.
on
$1,193,838
taxes)
dividend
a
$7
353,707
Taxes
Divs.
Saguenay
income
Saint Joseph
common
$638,340
earnings
Gross
with
1942
administration,
income
stock
155,
Jan.
revenues
Except
income
Common
$22,996;
Federal
$3,381;
par),
Years Ended March 31—
Total
the merger
acquired
bonds retired
on
Preferred
Rochester & Lake Ontario Water Service
Corp.—Earns.
Operating
stores
National
"Vi,,
$
'W
;
■
v
229,211,826 175,511,479
in
First
fee
Interest
Net
$5,166;
expenses,
payrolls,
reserve
preferred
preferred
than
Provision for
$29,286),
$400,528;
and equipment
(less
accrued
$131,025;
par),
Subsidiaries,
Amortization of expense of issues of
bonds,
for depreciation
—V.
payable, $66,225;
payroll taxes, $6,552;
State
$
%
$1,640,829
funded
on
Premium
\
Liabilities—Accounts
and
84
Provision
total, $2,233,354.
Federal
*
1941
income
Interest
1942
$551,719; land, $75,356; buildings
depreciation $456,565), $468,789; prepaid
for
reserve
for
reserve
the
income
Total
3,675
32,756
*
Assets—Cash, $406,676; U. S. Treasury tax notes, at cost, $300,120;
U. S. Treasury certificates, at cost,
$25,000; trade notes and accounts
(less
Owned
maintenance,
operating
Other
$48,646
.
3,479
65,512
Balance
01"
August
revenue
(other
Net
9,600
56,750
$105,766
on
sales
■
36,978,610
in
Tweive Months Ended Mar.
31—
3,063
tax__
Net profit
Dividends
the
1942—20 Wks.—1941
>
$ hi
acquired
Total
General
Saguenay Power Co., Ltd.—Earnings—
Fully
the
payable
Income—Interest
Service
National
$61,310
6,014
Federal
stores
Inc. and
from the
Taxes
Dividends
receivable
Reeves,
(Including
1,180
$151,341
expense
Provision
the
declared
on
Dividends
Total
$60,130
$150,488
$245,781
...
income
of
have
value,
par
3 Mos. End. Mar; 31—
on
higher—
1942—4 Wks.—1941
The
Selected Industries, Inc.—Earnings—
share
per
1940
$380,166
cents
Grocery Co. have been included in the figures
for the four week ended
May 23, 1942. The sales figures and number
of stores
operated during the comparable period a
year ago have been
adjusted to include the Reeves
operation..
Stores in operation as of
May 23, 1942 were 2,739 compared with
2,996 on May 24, 1941.—V.
155, p, 1845. ,:.;
Rochester Button Co.—Earnings—
3 Months Ended April 30—
Gross profit (sales less cost of sales)
sales
directors
no
This compares with 75 cents
and 50 cents on March
''81,896
stock,
47,233,357
The
Daniel
16.
10
at
trustee, Birmingham, Ala., or at
Co., New York, N. Y.—V.
150^p. 3986.
accumulations
stock,
This
Sales
Payment will be made
successor
31,
$
pre¬
15,
of
1,051,810
3,208
par
$1, payable June 25 to holders of record
compares with 25 cents per share paid on March
25,
which was the first dividend since Nov.
10, 1937.—V. 155, p. 925.
10,
last,
record
March
on
and
16
of
\
Security Title Building,, Inc.—Accumulated Dividend
The
2013.
Period End. May 23—
participating
holders
to
1,099,178
127,179
44,299
52,819
Safeway Stores, Inc.—Sales
directors
11,446
' '
Ryan Aeronautical Co.—10-Cent Dividend—
Robbins & Myers, Inc.—Accumulated Dividend—
The
/ '
219,642
p.
int.
$274,345
18,172
income___
oper.
The
the
1006.
p.
$280,891
32,659
;•
railway
railway
from
June
Net
$296,586
83,276
67,952
_
from
■^Deficit.—V.
53,626
102,877
87,384
„
-V.
Net
$157,895
$212,461
—
deductions
1939
income—
22,544
accruals
reserve
Gross
$180,439
6,044
(loss)
income
Retirement
329,143
a,—.--.J-
1940
Prom Jan. 1—
$505,754
Net
Operating income
Other
'fj
1942
railway
railway
oper.
and
Birmingham,
1941
$355,563
from
from
103
Bank & Trust
1942
ry.
1941
$547,648
at
Rutland RR.- -Earnings—
cents
Net
..
Saratoga Victory Mills, Inc.—Bonds Called—
All of the outstanding 1st
mtge. sinking fund series A 6%'% bonds,
July 1, 1943, have been called for redemption as of
July 1, 1942,
^
Net
:
——
retiring stock of predecessor company, held in
shares), £r$l,662; total, $15,959,688.—V. 155,
due
Gross
revenues
in
(338
cost
Pay¬
Roanoke Gas Co.—Earnings—
Twelve Months Ended Mar. 31—
at
1518,
p.
each; Sept. 15, $1, and Dec. 15, 50 cents.—V. 154, p. 155.
Operating
accumulated
treasury,
tion
additional
on
$200,000
the same date at
Payment will be made
of
these bonds have been
100'/a
at
the
called
for
redemp¬
and interest.
Continental
Illinois
National Bank
&
Trust Co., trustee, Chicago, 111., at the First National Bank
of West
Bend, Wis., or at the Provident Savings Bank & Trust
Co., Cincinnati,
Ohio.—V. 154, p. 1384.
THE COMMERCIAL. & FINANCIAL CHRONICLE
2190
1942
To
subs,
1—
trade:
To
•
$2,463,094
$1,990,297
31,835
15,605
10,627
2,573,147
1,323,773
$2,111,011
$970,830"
$681,152
747,164'
603,483
484,499s
427,994
loan
•
exp$.-
,
$486,33!
$253,158
10,598
Profit from operations ' $1,763,151/$1,507,328
Other income
—.
13,540
13,660
8,602
-
Trofit from- opers,
>
Miscellaneous
charges-^
■■
$496,928
$1,521,188
$1,776,691
"solidated subs.—.
'
*173
*446
interest on long term debt,
'■>
*30;
Prov. for Fed. & Cbnad!
income
tax—
,
,
net
Consol.
Income
_
'
-
^
'
§$624,081
198,800
$216,111
Sheet, March1 37
received
Inventories
—
accounts receivable, not current-—
/
■
Reserve for contingencies
-
April
20,
Dec,
on
'
A
The
1940.—V.
similar
7,924
84,700
pay¬
A
1940; .which
16;
155,
2,982,000
"
—v*-
The
'
>
'1941
the
$3,208,410
829,476f
:
;
income/,,,-,-,,—$3,036,870
of
rate
1
46%,
ings
for
and
at
a
Federal
.
to
75%
.
of
Income
and taxes
Boatmen's
The
National Bank
trustee, St. Louis,
of St. Louis,
John
A.
Brown,
better
President
largest proportionate vote
of the company were
directors
"It
than
unsatisfactory
the
five
first
total
1,
Co.,
taxes
were
of
reverse
told
the
stockholders
at
annual
the
of
$2,757,687
329,951
for many
re-elected.
years.
The
present
1944.
1,
eight
must go on, and must be increased, if possible,
disagree with our opinion that this service
cost
will
carried
'It
on
at such
but
surely
be
cannot
$2,082,643
Balaiice
Sheet at' Mar.
31,
$83,441;
deferred
charges,
is
our
opinion
reimbursement
cash
movement,
are
also
building
a
plant
in
Texas
at
Government
cost
to
from petroleum, for use in making TNT explosive."
that Socony-Vacuum engineers had developed a
cracking process known as Thermofor which, it is be¬
lieved, will save considerable material and cost for plant construction,
extract
Mr.
new
•
compared with other catalytic units. "Our engineers tell us," he
said, "that a Thermofor plant can be built for less than the cost of
other catalytic units of which they have knowledge, with substantial
savings in such highly critical materials as steel. We are constructing
a
20,000 barrel per day unit at one of our refineries, to be in opera¬
tion within a year, and have authorized two units at other refineries.
"In the manufacture of synthetic rubber, Socony-Vacuum is one of
five companies which have formed a corporation called Neches Butane
Products Company, to erect and operate a plant in Texas for the
production of butadiene from petroleum. This plant is planned to have
a capacity of 100,000 short tons of butadiene a year. This is
sufficient,
when combined with other necessary ingredients, to provide for the
manufacture of 100,000 long tons of raw synthetic rubber."—V. 155,
p. 1417.
as
($7.50
South Bay Consolidated Water
Co., Inc.—Earnings—
Years Ended March 31
Years Ended Dec. 31
1942
1941
1941
$514,084
$501,443
320,579
$511,352
324,094
326,433
$180,864
$187,258
200,257
$173,284
$12,999
$42,173
326,228
Net
earnings
L—$187,856
otal interest deductions
200,072
211,569
.
Net loss
1940
$499,716
215,457
5
March
on
contingent
reserves,
com-
that
line
with
the
reduction
the
policies
the
in
the
of
company's common
requiring the
company
these
trustee,
have
directors
July
made
40
Wall
St.,
City—V.
Y.
N.
154,. p.
1384.
1
in
to
declared
on
holders
to
dividend
of
$1
<
share on account
the 6^2%: cumulative preferred stock, par $100,
preceding
$6.87 V2
per
of
a
record
June
per
15.
Arrearages
155,
distribution
similar
A
quarters.
share.—V.
April
at
as
2,
1942,
1519.
p.
and
believed
is
It
the
earned
surplus,
$4,908,183;
total,
that
the
within
$12,217
'
$30,704
output
if
and
the
off
pay
next
?
Thfe
April
15,
the
were
Sept.
loans
two
present
the
rate
balance
months.—V.
of
of
earnings
$3t750,000
155, p.
Company
Southwestern Gas & Electric
of
Period End. Mar. 31—
Total
operating
Net
the
$2,216,687
$9,019,780
from
6,500,249
income—w.
$546,799
$496,759
$2,519,531
*4,968
1,011
*2,825
$541,831
$497,771
211,385
227,386
$2,516,706859,342
$2,390,577
920,661
$330,446
$270,384
$1,657,365
$1,469,917
375,000
income
and
Int.
Net
other
income
stock
Pfd.
deducts.
_1
dividends—
93,750
93,750
375,000
with I.
arrangement
Division
of
the
Axis
to
G.
Farbenin-
rubber
;
of Justide
the effect
Department
with
airlines and negotiations
155, p. 2099.
46,204
19,881
income™
8,047
$132,374
1939 %
' $135,588
5,400
*25,006
*24,028
1941
$146,350
^
*11,750
railway.
from
Ry.—Earnings—
1942
$194,405
railway™,
1940
t
-
ll,07o
-
railway™.
688,963
oper.
517,258
20,352
*109,152
550,848
110,898
40,745
*38,223
from
ry.
$2,386,536
4,041
(net)
gasoline
of
railway™™
income™
'♦Deficit.—V. 155, p. 1758.
5,591,906
Laid To
Japanese firm, before the war.—V.
oper.
ry.
Net
*93,292
535,532
19,441
*123,990
Superior Oil Corp. (Del.)—Earnings—
Period End. Mar. 31—
.
Gross
a
Net
1,455,352
10,
June
of similar misrepresentations about
aviation-gasoline for the United States and about the
on
sale
;
from
Gross
$7,978,441
cartel
Anti-Trust
the
From Jan. 1
1,669,889
income
company's
April—
Gross
1942—12 Mos.—1941
$1,952,111
13,
(New Jersey)—Deception
Staten Island Rapid Transit
r
ex¬
Feb.
on
company
cartel
the
Net
and taxes—:
oper.
Other
1942—3 Mos.—1941
revenues—
oper.
Total
the
of
head
Matsui,
Co.—Earnings—
and
1022.
Arnold, Assistant Attorney General, asserted May 31 that
"covered > up" and "distorted facts" in its rebuttal to
that
•accused
-
recently declared a dividend of $1 per share on the
no
par
value, payable June 1 to holders of record
This compares with $2 paid on Dec. 31, last, and $1 on
1941.—V. 155, p. 269.
last,
p.
company
The
stock,
2,
155,
dustrle of Germany had hampered the development of synthetic
in the United States.
'
•
to
maintained,
of outsanding
March
on
1941.—V.
1,
Buna Rubber and Plane Gasoline—
on
Thurman
the
•charges
is
2099.
made
was
and Dec.
8
Standard Oil Go,
V, and July
reduced
with
dividend of 60 cents per share has been declared on the common
stock, par $10, payable June 13 to holders of record June 9. A similar
•Net
,
operating companies in the
week ended May 30, 1942,
137,290,000 kwh, for the
utility
Standard Oil Co. of Kansas—60-Gent Dividend—
of the bank loans
loans
as
corresponding week last year, an increase of 11,6%;—V, 155, p. 2099.
directors
27.
June 30,
public
compared
kwh.
A
Southern Weaving Co.—Pays $1 Dividend—
capital
the
system for the
153,178,000
company's
May
of
totaled?
Co.—Prepays Bank Loan—
25
Arrears
Standard Gas & Electric Co.—Weekly OutputElectric
$52,331,730.-^-
bank
April '1
on April 1, last.
Payments in 1941 were as follows:
T, 75 cents each, and Oct. 1 and Dec. 22, $1.50 each.
1942, amounted to $5.25 per share.—V. 154, p. 59.
April 2,
distribution
March
will
company
loans
rnade
was
$7,500,000;
1942—3 Mos.—1941
income-—wL
Gross
,
Net
•
1942—12 Mos.—1941
$375,904
$368,263
158,646
148,604
$217,258
$219,659
Operating expenses
operating' profit-,.
1,794
Other income
I
$1,502,197
.
*618,883
$907,816
963
,.
$1,521,763
654,381-
.
!
5,623
•-
$902,880
%
8,035
■*'
—m
Balance
*
$236,696
—
Deficit.—V.
155, p.
—-
-
$176,634
—
$1,282,365
/.y.
;
....,
.
Dividends
received
Interest received
Total
for
Net
I
552
—
1,736
—
^
753
security transactions-,..
%
1,684
f570
,
491,190
489,377
277,024
33,705
1,500
111,407
41,498
k
13,400,
208,083
10,500
.
tProfit.
directors
similar
were
Sheet, Mar. 31, 1942
*$49;588"'
$0.04'
.
$87,378
$159,644
$0:06
$0.12
1,388,979' shares of capital stock,. $1 par.—'V. 134* p.. 1384.
on
$1
20,
dividend of 65 cents per share
payable June 20 to holders of record June 10.
made on March 20, last. Payments in 1941
March 20 and June 20, 75 cents each; and Sept. 20
distribution
follows:
as
Dec.
and
May 29' declared a
stock,
the common1
on
A
was
each.
A 50%
stock dividend
was
also paid
on
Nov.
in
bank, $13,823; dividends and interest receivable,
$2,305; accounts receivable, $621; drafts receivable, $547; marketable
securities—at averaged cost- (value at current
quotations, $343,385),
$577,508; real estate, $008; deferred charges, $693; total, $596,104.
Liabilities'—Due
for securities purchased, not received, $652; accrued
$1,093; reserve for Federal and State taxes, $1,270; common
par), $73,742; capital surplus, $521,385; income equalization
account, $1; earned surplus, Br$2,044; total, $596,104.—V. 155, p. 831.
expenses,
stock
122,137
119,122
&c.
tax..
$910,915
'
Suiidstrand Machine Tool €o>—65-Cent Dividend—The
$3,639
5,280
♦Exclusive of results from security transactions,
Balance
leases,
$21,540?
per share.Nil
•Earns;
$5,323
$3,491
loss realized-from;
Assets-—Cash
'
♦On
—
46,205
deficit
Net
$4,570
$5,227
income
13,692
1941
$4,675
and accrued
$913,442
depr. & deple.
Surrendered
1943:
accrued
$220,622
10,062
Federal'income
income
Expenses
*Net
and
1
■ ■
$219,052
—
Interest
.»Prov.
Quarter Ended Mar. 31—
•.
1
income
Total
$1,094,917
194.
Sovereign Investors, Inc.—Earnings-
($1
Sales
Up—Bookings at High Level—Earnings—
Hugo L. Olson, May 29; stated: "In the four months ended April 30,
sales showed a gain of 51% over last year.
"New orders booked in the
1942 period were over four times the
1942
volume
for
the
"Net
in
the
full
same
period
of
1941,
and
were
in
excess
of
the
sales
to
$9.25
year.
income
for the
first
four months
of
1942 amounted
share of common before provision for Federal income and excess
profits taxes. Pending the . passage of the 1942 law, taxes have been
accrued at the rate of 78.8%. On this basis net after taxes was $1.95
a share for the four months. In the .comparable 1941 period net before
per
Springfield City Water Co.—Bonds Called—
J
The First Portland National Bank,
noon
trustee, Portland, Me., will until
of JUly 6 receive bids for the sale to it of 1st mtge. 4% bonds,
series A.
—
'
and
taxes
$6,000 of 15-year 5;/a% mortgage bonds, series A, due
have been called for redemption as of July 1, 1942 &z
Payment will be made at the Bank of the Manhattan
successor
and July
par),
'
Period—
stated
accumulations
at
stock expense,
stated
catalytic
Operating revenues
Total oper. exp. & taxes
earn-
common
dividend of 75 cents per share has been declared on the $3 par¬
ticipating preference stock, no par value, on account of accumulations,
payable July 1 to holders of record June 20.
A similar distribution
will mature in equal installments on April 1 and Oct. 1, 1943.
The original bank loans of $20,000,000 had been reduced to- $15,000,000 by the end of 1941.
Through prepayments of $2,500,000 each
toluene
Brown
all
Standard Gas & Electric Co.
stock
Pacific
undertaken
"Socony-Vacuum is now building additional facilities at eight of
its
refining plants which will approximately double our output of
100 octane aviation gasoline. This new construction will cost about
$27,400,000. Of this amount $13,400,000 is supplied by the company,
.and" the rest is loaned by the Government.
"We
the
April 30; 1942, were
stock now out-
ended
of
A
1942
capital
$330,660;
There now remains outstanding $3,750,000
penses
heavy lose by industry,
that the Government should- currently provide
of such special programs as the railway tank
at Government
request, and that price
ceiling changes should afford an opportunity to recover other higher
unit costs, resulting from such things as rationing, for example.
for
•car
stated that
board,
the
months
shares
1,004,994
which
April this year, the domestic earnings before
approximately half what they were a year ago and about
earnings for March of this year. This sharp decline is the
what we would normally expect, and it results in large
all incurred by this company as a result of operating
as desired by the Government,
amounted to about $2,300,000. We cite
the figures for April as we naturally have a better estimate for that
month than
We have for May. The movement of
products East at
one
of
amounted
product cost,
nb
of
ten
428,041
interest.
payable
$3,087,638
741,294
deductions
The company on May 25 prepaid installments on its
amounting to $3,750,000, and falling due on Jan. 1, April
degree from the fact that in April this year the sum of unrecovered
excess overland transportation, excess marine transportation and excess
high
fo'r the
providing for
of
1946,
The
month- of
half of the
15.
Standard Fuel Co., Ltd.—Accumulated Dividend—
6,480?562
.
$2,833,502
Southern
impossible at this time to give any figure for foreign1 earn¬
ings," Mr. Brown said, "but we have tried to estimate our domestic
earnings for the first five months of this year and arrive at a figure
of
about
$15,000,000,
before taxes, as compared
with $13,200,000
before taxes for the same period last year. Comparison of net earnings
after taxes cannot be made until the new tax bill is passed.
the
and
1941
$3,574,796
and other
surplus, $1,276,020;
V. 155, p. 1519.
is
"In
July
the
on
in
was
100 and
$10,569,091;
premium on
common
stock, $2,380,275; long-term debt, $19,753,000; accounts pay¬
able, $672,112; customers' deposits and accrued interest thereon, $122,968; accrued liabilities, $2,135,084; deferred credits, $132,532; reserves,
$10,347,024;
contributions
in
aid
of
construction,
$35,441;
capital
meeting May 28. The votes sent in to the management by the stock¬
holders represented about 73%
of the 31,177,977 shares outstanding,
the
each,
cents
2014.
$9,238,249
320,142
Liabilities—Common
months of 1941, but have been declining sharply from January through
May,
50
per share for the same period of the' previous year
shares of its common stock then outstanding. Provision
for
the
ten
months'
period ended
April 30.
1942, are
as compared
with $691,860 for the same period of 1941.
Palmer
Jan.
$61,292; tOtal» $52,331,730.
Socony-Vacuum Oil Co., Inc.—Estimated EarningsEstimated domestic earnings of: Socony-Vacuum for the first five
were
etc.,
ance,
dividend of 50 cents per share has been declared on the common
stock, payable June 20 to holders of record June 10. A similar dis¬
tribution was made on Nov. 1, 1941, the first payment since Dec. 21,
1940 when 50 cents was also paid.—V. 155, p. 1927.
year
2,
Sept.
Standard Bleachery & Printing Co.—Bonds Called—
as
Smith Corp.—50-Gent Dividend—
this
and
10
$2.35
taxes
A
panies at dates
A
of
common
compares
•
for all
Assets—Property, plant and equipment (including $530,934 classified
intangible, less excess of equity in net assets of subsidiary com¬
of acquisition over cost of investments therein to the
company, $777,293), $47,217,314;
miscellaneous investments and spe¬
cial fund,
$34,253; cash, $2,061,464; accounts receivable, $4,629:991;
materials, supplies and merchandise, $913,315; prepaid taxes, insur¬
Mo.,
the close of business June 20 receive tenders for the sale
1935, at the lowest
prices to exhaust as nearly as possible the funds available in the sink¬
ing fund; which amount, it is estimated, will be $8,000.—-V. 137, pi 3688.
months
This
v
State
$3,254,654
——,
Consolidated
of first mortgage income bonds dated Jan. 1,
(A. O.)
the
on
10.
Distributions during
Standard Fruit & Steamship Corp.—Accumulated Div.
to
up
it
to
June
record
earnings for working capital.
%
The
corporation, its
domestic and
Canadian
subsidiaries,
report
sales
of
$27,129,181 for the ten months ended April 30, 1942 as
compared to $19,209,009 for the same ten months of 19$1.—V. 155,
1
7,729,365
income
625 Skinker Boulevard Corp.—Tenders—
will
and
-
March 14, last.
on
Chairman
Palmer,
after
conservation
1846.
155, p.
holders of
June
record
share
with
dividend
i
taxes,
.
1942
$10,984,009
income
Net
Vi 1941.—V.
of
H.
per
Mr.
p.
(Company Only)
income
interest
follows:
as
$2,133,219
Alabama
composite rate of 55%
a
earnings
Total
record
last.
30
the 472,692
Mar.
Statement
$4,367,660" in 1942* and $4,603,395
♦After reserve for depreciation of
of
June
regular
share has been declared
per
to
15
the company,
of
standing
on
$2,184,320
profits
excess
Twelve Months Ended Mar. 31—
Gross
31,
quarterly dividend of $1.25 per share on the $5 cumu¬
preferred stock, series A, lias also been declared, payable Aug.
' pared
.
1,084,090
of
Total operating revenues
Total operating expenses
-L--——$1'5,273*714 $13,939,278
holders
March
usual
holders
to
was
Total
50 cents
cejiW per share paid
were
$3.77
and excess profits taxes of company for
31, 1942, would have been greater by an esti¬
$800,000 had it not been for non-recurring deduc¬
tions made
in
respect of the call premium and unamortized debt
discount and expense applicable to bonds redeemed in June, 1941.
other
to
30
this issue on March 31.
on
for income
ended
amount
Net
June
Earnings Higher—Sales Also Show Gain—
...
provision
Total
the
declared
payable June
lative
?
143,155
$3,866,345
during this period has used
year
payable
disbursed
was
"
taxes.
mated
$1,
par
also
dividend of
with 62 '/2.
The
182,638
.
at rates of 50%
Co.
June 3 declared a dividend of 50 cents per share on
amount
Dec! 20, 62% cents);
composite rate of 4%
the
2,982,000
8,686,255
9,061,892
; 140:478
"
'
$3,683,707 * $3,125,256
™™.u
income
at
Gas.
38,000
-
-Consolidated surplus
<
on
stock,
A like
directors
stock,
1846."
p.
(incl! Sub. Co*.)
v
1942/
income
such
of
698,176
/ 241,074
/
(E. R.) Squibb & Sons—Smaller Common Dividend—
dis¬
previous
income taxes have been estimated
1,394,652
258,451
.10,501
67,250
»
60,000
—
losses under State
Compensation Law..
capital stock
made
was
paid on
cents
since.
none
using the brackets in the present law,
$443,170
355,760
—
uninsured
for*
1941;
10,
share,
per
earnings
other
surtaxes
34,077
1,946,990
payrolls
Gther accured? liabilities^-—.
Provision for additional staff compensation
Y. Workmen's
5
Oct.
.
for
1701287
4,876,252
$834,448'
Accrued
N.
28,950
ioo;404
1,120,443
: 6Q0j354
3,,500;474r :
the common
on
For the three months ended Mar. 31r 1942^ company and subsidiaries
(except Alabama Gas Co.)
have provided for Federal normal and
•*>.-.
Accounts payable"
Accrued Federal, State, Canadian and local tax
Reserve
cents
with
to
on
Total interest, etc;, deductions^,;
$15,273,714 $13,939,279
-
-
Net
134,254
& equipment—4,983,153
:-i-;..
Liabilities'
10
consolidated' net
193,825.
—
Investments
♦Real! estate? tools &" machine
July .1
share has been declared
holders of record June 20.
Consolidated Income? Staiem«rtfc
Total
$3,862,968
2,548,088
623,575
2,328,021
Carleton
,
27,775
2,694,391
quarterly dividend of $1.25
per share on the preferred stock, payable July 1 to holders of record
June 30.—V. 155, p. 2099.
,
2,646,288
1,736,958
3,983,318"', 3,124,483
;
'prepayments
Total
total,
.
—-—61,005
-<
also
Gross
$3>276,772
Cash
and
$260,618;
operating; reveitne-*».„ta_w;--—612,339,035V $I(T,356,672
Total operating expenses and taxes
8,655,32$
7,231,417
1941
29,881
3,417,370
;
Payments during. 1941 were as follows:
Sepl^ 30/ 50'cents 0ach; and" Dec. 24; $1.50%
Total
-
1942'
152,2^3
1758.
p.
16.
,The
Twelve'Months-Ended Mar. 31—
49,700'
railway—^—/
common
June
1007.
p.
made
was
f
—'T—'
~*J
$393,322
198,800
198,800
,
11 4
5,341,840'
The directors
>
1941
'
$073,373
151,319
181,678
railway.™
oper. income-.-.-
155,
the
•.—
'—r
461,948
$700,470 '
Square' D Co.—50-Cent Common Dividend>—
<.
Southern Natural GasGo.r—Earnings—
Consolidated Balance
Notes
(deficit),
surplus
earned
$563,599;
154,
payable
ment,
60,000
,
Assets—
.
1930,
tribution
paid,
tlncludes $370,600 for Federal and Canadian excess
profit taxes,
tlncludes excess profits of $1,009,500 (U. S. income- and
excess profits taxes figured on basis of Treasury proposal).
§Equivalent
to 71 cents in 1942 and $1.25 ini 1941 per common share.
Accounts and'notes
—V.
$64,979;
A dividend' of 10 cents per
stock,
29,450
103,000.
♦Interest
Government securities
1,
compared
§$355,689
————'•'/
184
.
$826,395
10,539
$1,415,100
-
Foreign exch. adjust.—
5,321
Prov. for contlngs. and
-u—»year-end adjustments
Net loss on sale or aband".
of pliant. assets-U^i^y#^^!^
'0''
-■
1 ■ ./;;f?
—
Dividends
Net ry.
79.814
■
576
■
from
from
Net
miscellaneous, $2,629; customers'
advances for construction, $7,585; unearned revenue, $21,350; miscel¬
laneous, $2,340; reserves, $746,252; contributions in aid of construction,
$113,653; capital surplus arising from appraisal of property as of
$7,126,068.—V.
$261,760
260,351
From Jan. 1—
Gross
Solar Aircraft Corp.—10-Cent Dividend1—
%•/
'
$961,597
662,525
1939
19401
■
$1,470,359
railway™—.
ry. oper. income™.
Net
-
,
$487,343; accounts payable, $11,820; customers' deposits
and accrued interest thereon, $31,405;. general taxes accrued, $44,484;
Equity in loss of uncon!
.
railway
1941
19421
-
from
from
account,
April
&
income
other
,
Net
total;, $7,126,058;
,
v,
,
Liabilities—Capital stock: 6% cumulative preferred, $1,044,400; com¬
mon, $750,000;
long term debt, $3,119,000; demand note payable to
Federal Water & Gas Corp. ($227,960)
and accrued interest thereon,
$375,836; due to parent company—New Yprk Water Service Corp.—
$2,006,925
1,507,869
.
$2,510,315
profllt—.--_u
selling, gen. and
administrative
$2,478,698
$4,684,158
3,920,343
$103,829;
April—
-
Gross
$4,171, $42,321; accounts receivable from parent company, $458; accrued
utility revenues, $46,754; materials and supplies—priced at average
cost, $33,035; Prepaid taxes, insurance, etc., $2,598; deferred charges,
;V.;)
■■
$6,436,663
Gross
Total
•
■■
$4,652,323
CdSt? of goods sold-.—.
■
.
28,491
,
sales-
net
:.•
»•
Assets—Utility plant, $6,871,146; special deposits, $292; cash In
banks and working funds, $25,623; accounts receivable, less reserve of
$6,408,172
unconsol..—.
Total
\w
Spokane Portland & Seattle By.—Earnings— 1
v\
•
.
'
1939
1940
1941
'
Gross sales, less dlsc'ts,
ret &' allowances:
Balance Sheet, March 81, 1942
(& Subs.) —Earnings—
Steel Co.
Simonds Saw &
3 Mos. End. Mar. 31—
Monday, June 8, 1942
155,
due AOril 1,
1956, to an amount sufficient to absorb $26,765.
9.1606%;v/,
*
•
'
V.
;
was $6.21 per share. The
third quarter. However, the
taxes
the
1941 tax rates were not available until
company's rate for the full year 1941
Volume 155
Number 4079
THE COMMERCIAL & FINANCIAL CHRONICLE
67.6%. Applying this rate to the figure of
taxes'was $2.01 per share. The interim figures
was
"At
gain
30,
1942
38.8%
of
$6.21
the
were
unaudited.
net
after
Twin State Gas & Electric Co.—Annual Report—
v
*
April
working
net
the
over
capital
amounted
to
$1,397,201,
Summary
a
1941
year-end figure, • The company has'%
financed its expansion entirely through earnings;-it has had no
bank.-/
loans for over. three years,\nor has it found it
necessary to
resort
to publ.c financing for approximately five
years,
despite the greatly
of
for
Calendar
Revenuesand
of
scope
its
operations."—V.
-.V
■
-
Tennessee Central Ry.—Earnings—
.
*
'
1941
1940
the
■
$2,728,399
$2,630,985
2,242,649
2,095,417
$485,750
"
•.
.
•••;
•
•-
■:/";'
Railway operating revenues™™™™
Railway operating expenses——'
Railway tax accruals™
Gross
'!
Vt.'i'. '! T':
•!
.-1940;
170,240
i,
'
Gross
income-
deductions
-—'
'
i
'■
.
$536,280
15,703
__——
'
Net.
income
Dividends
c
424,914
;
$160,369
1
-
35,000
stock,
preferred
cumulative
z;
-
grants in
$500,000;
'
total,
Texas Electric Service Co.—Earnings—
;
'/'Operating
1.
'revenues
aid
;
balance,
j
$207,871
1,609
$236,257
$2,756,763
• 25)009
658
.
.
$203,480.
140,542
$.099
140,542
2,789
$2,781,772
1,686,500
39,035
$63,839
$93,584
$1,056,237
!'
' $236,915;°
Dividends applicable to pfdl stock for period—'
for
Federal
of
taxes
$23,411
Ulen
•; Period End. Mar. 31—
fdr
net
.Federal'
Int.
taxes
'
.
for
vidiilg
•
43386,424
27,179
-—-
-
■'
'
Service
Co.)
preferred
in
are
171,850
int. in
since
arrears
....
to
the
holders
have
has
Third Avenue
276,390
&
Co.—V.
-
.
of
general
issued
unsecured
to,
*
$678,295
profits
excess
.
$677,875
taxes.—V.
Fed.
.'
155,
154,
the
Chase
National
under
Bank
the
&
1942
$390,206
$336,833
$3,080,931
163,765
158,124
1,613,393
$178,709
$1,467,538
18,110
192,755
&
$196,819 / $1 660.293
$240,838
245,163
•
of
20.
'
213,171*"
holders of
$16,352
record June
last.
20,
and
Sept.
1420.
p.
Payments
class
April—
.
Gross
B
cents
15.
ry.
from
Net
$1
20,
10.
in
each;
A similar
1941
were
and
1941
$224,386
82,221
34,497
80,806
56,411
railway
621,955
78,064
*17,277
?;■
income
155,
'
2101.
p.
Towne Securities
directors
The
of
have
Dec.
20,
*/
Accts.
a
Payments
in
the
on
v
758,741
247,682
107,892
Dr5,861
Cr3,246
of
the
special
of
a*
dividend
7%
cumul.
of
$2.50
pref.
per
share
on
ac¬
stock, payable June 9
were
as
May 31,
and
259,312
294,123
83,077
43,224
57,142
22,955
12,770
23,791
$49,327
$52,395
'
6,069
1,663
;
.
income—
155, p.
.
285,778
56,021
-
*
24,592
'
1759.
,'.*,.
surrender
before
and
$2.46
to
the
corporation
:!
of
its
Federal
1942,
tax
Mar.28, '42
$216,258
$105,868
£$58,565
$0.51
$0.90
$1.19
iu,»^,;S0.66
80%
reserve
amounting to $494,900, was set up in
$223,300 for like period of prbcedinc
of
155, p. 1422.
.
Public
:
.of
upon
certificates
.•
Co.—Securities
securities
comprising $26,000,000 1st mtge. (ibonds,
series due 1972 and
$10,500,000 sinking fund 5%
^debentures, due May 1, 1957. The bonds are priced at
Upon
security
now offered, its presently outstanding funded debt.
Concur¬
rently with the issuance of the securities now offered, Virginia Public
ticable, The Hampton
being subsidiaries,
all
in
at such time
Towing
Corp,
liquidation
to
be
to
are
1941
sion
the
28,248,266
1
Service
plan
a
Utility
711,002
30,541,758
1
of
the
Generating Co. to
be
599,921
469,084
of
recapitalization
under
19,104
to
stock.
will be
(1)
It is impossible
consummated.
redemption,
to
funded
purchase
debt
of
the
155,
or
Unified
director
of cigar store operations
Vice-President.—V. 155, p. 1846,
&
holder
foretell
Debenture
Debentures—''.
President Henry S.
said in substance;
arranged with
company,
a
or
holders of
whether
or
Public
its
exist¬
when
of
all
of
Virginia
such
the
Public
$37,146,810
to payment of the expenses of
this financing
of estimated accrued interest from the
closing to date of respective redemption or
343,239
payment
of
1st mtge. bonds,
Common
letter to debenture holders,
affiliates Bondiby, Ltd. and The Metropolitan Casualty Insurance Co. of New York, the surety, for the ex¬
tension until July 1,
1942 of the offer of Bondiby, Ltd. to purchase
Unified Debenture Corp. debentures at 58V2 and accrued interest. There
will definitely be no further extension.
y'!;-!!;
•'
the
exclusive of accrued interest.
and
After
3%%
ser.,
stock
Summary
of
Outstanding
$26,000,000
10,500,000
10^00,000
)
(
150.000 shs.
$1)
(par
349,801
Refinancing
due 1972__$100,000,000
Sinking fund debenturesCum. pref. stock (par $100)—
7% series pref. stock™,—
6% series pref. stock™
s
Landers, May 29, in
the
of
(e)
Authorized
Corp.- -Extends Offer to Purchase
;
,
11
prepayment dates of debt securities to be retired™
this
by
or
of Proceeds
pre-payment
to
date
•'
for
Section
to
United Cigar-Whelan Stores Corp.r—New Vice-Pres.—
Bruce,
company
(exclusive of accrued interest)
(2)
1023.
p.
said
the
company
Service Generating Co.
$36,$58,457 $34,805,293
shares.—V.
by
follows
!
3,405,202
;
elected
Co.,
If the plan proposed by the
company is consummated, 95% of.
stock will be issued to the holders of the
company's
common
11,952,538
3,779,766
i
172,969
11,952,538
'
D.
base
in
common
(3)
John
con¬
each
consideration
debentures, are to be applied
(assuming the principal amounts of indeotedness outstanding
as of June 1, 1942, and assuming the calls for
redemption are made on
June
9,
19421:
25,811
:
__!
has been
assets
their
from
as
268,000
8,043
made
The proceeds, amounting to
$37,839,850,
the sale of the new bonds and the
'
298,414
439,000
par
prac¬
Power
of
Company Act of 1935, proposing a reclassification of
existing preferred and common stocks into one class
common stock, an
accounting reorganization and certain other
new
plan
17,000,791
contingencies™
stock
no
in
company,
existing preferred stock, and 5%
$1,212,484
18,598,374
expenses
'Represented by 397,885
as
Virginia
all
Holding
new
the
230,883
$1,263,297
contracts.™™.
Total
thereafter
soon
company's
matters.
1,242,733
298,414
surplus
as
Middle
and
company concurrently with the acquisition of its assets by the company.
The company has filed with the Securities and
Exchange Commis¬
*'
1,108,733
™
depletion
:
or
and
dissolved
ing Co., and the surrender of their stock for cancellation, due provision
the redemption of other retirement of the funded debt of
Virginia
Public
1,410,643
™—
interest
/'
the
obtaining of all requisite governmental and stockholder
authorizations, the company will refinance, through the issuance of the
31
1,221,764
"
and
Offered—A
3%%
$1,853,031
;
taxes, royalt., etc., & Fed. tax
losses
t
headed
Application
on
,
-
Service
for
Sheet, March
121,499
and
J
of
the assumption
by the company of the liabilities of such sub¬
sidiaries, other than the funded debt of Virginia Public Service Generat¬
1,242,733
possible
,
v.
veyed
1942
depreciation and
y
298,414
782,786
taxes
Earned
.
298,414
;
1
accr.
7 ;• H
'40 Mar. 23, '40 Mar, 25, '39
$123,816
of
tax
Co.—Earnings—
Mar. 29,
/■!/..
,
by Stone & Webster and -Blodget; Inc.,
Halsey, Stuart & Co., Inc., The First Boston Corp. and
Kidder, Peabody & Co. on June 4 offered two new issues
$1.15
liabilities
'Common
■:■"
298,414
Balance
1,000,000 shs.
Earnings Available
for
Interest
40,440 shs.
(
53,764 shs.
782,000 shs.
Charges
[Company and Subsidiary Companies Consolidated]
.
our
Year Ended Dec. 31
%
'
1939
•
Operating revenues
Operating
expenses
_™
Year Ende^
1940
1941
Mar. 31,'42
$9,019,764 $10,024,327 $12,070,080 $12,636,554
3,306,970
3,618,016
4,517,136
4,799,552
,
"As
of
April 30,
1942, the company's three principal asset items in¬
the
classification
'principal assets,'
(which
means
assets
applicable to the payment of the principal of the debentures)
were
as
follows:
Cash
$12,936; first mortgages and land contracts
$1,012,836; nominee mortgages $445,859.
The nominee mortgages are
cluded
made
in
Maintenance
474,948
653,318
'
877,975
987,678
1,011,203
234,719
1,048,454
397,432
1,225,674
1,224,889
1,510,025
1,388,342
T,562,371
$3,142,175
49,653
$3,353,608
49,036
$3,177,034
41,181
$3,184,242
40,036
$3,191,828
$3,402,644
requirements on
$26,000,000
bonds, 3%% series, 1972
requirements on 5%
sinking
$3,218,215
$3,224,278
.
in¬
taxes
come
690,844
551,622
812,498
than
other
Taxes,
are
of
by
subsidiary companies and represent the only
directly or indirectly by Unified.
The above figure
nominee mortgages represents their face value.
The estimated
to
as
net
wholly
estate
—
owned
value
of
these
nominee
mortgages as included in the
liquidating value computed as of June 30, 1941 is only $138,200.
"The
company's
real
estate
holdings
(the
security for
the
32
nominee
mortgages, held as of April 30, 1942)
consist of 21
onefamily dwellings, 3 small mercantile buildings and a 24-room unoccu¬
pied
diana
lots.
1,
Carolina
age
it
and
of
Said
Kansas
19,
Ohio
location
possesses
less
all
sanitorium,
vacant
any
Federal
cess
income
and
ex¬
profits taxes
Provision for
deprec.
owned
realizable
over
15-years
properties
5,
1,
of
are
Michigan
Oklahoma
the
possibilities
1,
2,
old
7
in
the
Mississippi
Tennessee
company's real
of
and
located
substantial
inflationary development.
•;
-
1104.
p.
reserve
Virginia
397,885
payable
for
tAfter
$459,202
1,877,016
pay.,
tAfter charges and depreciaprovision of $8,000 for Federal
$495,184
$1.25
assets
e
$33,883
Realty Corp.
taxes.
154,
against a
as
'*1939
'
$28,519
•
profits taxes, net profit amounted to $52,365, equal
on
21,260 shares of 7% preferred stock outstanding
1941.—V.
year.—V.
1940
$28,999
$540,028
397,885
™_
1941
t$60,365
.
excess
share
a
31,
1942
—
include Vadsco
Service Generating Co., and
$1.36
for
real
146, p. 1091.'
Corp. (& Subs.)—Earnings—
,
upon
duly endorsed.—V.
.
1939
404,460
Note—A
______
397,885
for
which
Dissolve—Pays Liq¬
corporation, payable June 15 to holders of record June 5,
presentation
stock
1
1940
394
Earns, per sh. on com. stk.
$36,958,457 $34,805,293
Minority
,
meeting of stockholders held
voting
%
$15,992
y,
Van- Norman 'Machine Tool
Crl2,554
345,000
$1.41
/
"We have
April 20. 1942, for the
the matter of dissolving the corporation,
1,144,858
shares, or approximately 77%* of the outstanding
stock,
voted in favor of the dissolution, with none opposed. On May 5, 1942,
all
requirements having been satisfied, the Certificate of Dissolution
'was signed*by the Secretary of State of Delaware,
so that the cor¬
poration now stands legally dissolved and in a position to distribute
the available capital assets, according to D. L. Feathers, Secretary,
Pursuant thereto, the directors have authorized an initial distribu¬
tion of 5 cents per share United States funds out of the capital assets
the
.br.
•
the bonds at 105.65 and the debentures at 98.77.
397,885
Reserve
665,032
202,718
/
84,502
A similar distribution was made on March
2.
1941
uidating Dividend—
At
113.
106% and interest and the debentures, 102 and interest.
were bid in
by the syndicate on June 2,
share.™!
receivable
Deferred
1940
-J
1939
$183,016
$174,867
43,281
47,603
13,483
19,268
870,808
350,825
132,507
Treadwell Yukon Corp., Ltd.—To
purpose
1941
This
'
25 '.cento
*3,863
Capitalization
follows: April 7, $1.75;
$2;- Sept. 23, $3; and Dec. 20, $3.50.—V. 155, p. 1319.
last.
15,
*
9,744
railway—
railway
but
Dec.
outstdg.
Reserve
year-end
^
Corp.—$2.50 Preferred Dividend—
declared
accumulations
to holders of record June
.30,
to
1939
Dr5,388
"
assets
Reserve
follows;
as
•
count
Sept.
*21,384
profit
tion
Bt„
$1,170,900
Dividends
Inc.—To Pay 50-Cent Div.
1942
$197,855
railway
oper.
ry.
and
L
Payments
.
1942
Liabilities—
the common stock,
distribution
on
'
railway—™,
♦Deficit.—V.
24
•
common
June
*19,448
oper.
income
par
railway™™™
oper. income
from
Net
14
the
on
last.
Proposed Recapitalization of the Company.
Deferred charges
$495,895
From Jan. 1—
Gross
June
16,
*4,335
*Does not
deducting Federal and State taxes.
Permanent
This compares with $1 per share paid on Dec.
from
Net
14,
March
on
$64,222
Vadsco Sales
350,065
.Trademarks,, contracts, etc.™—.:
per
stock,
common
-
from
Net
Broad
„™„__„^
per
Accounts
Toledo Peoria & Western RR.—Earnings—•
•
11
1940
;
Inventories
share has been declared on the class A
$1 each, payable June 20 to holders
20,*
last, and 25 cents per share on Dec- 20, 1940.
and
of record June
paid
year-end of 75 cents.—V. 153, p.
a
from
ry.
tNet
*$796,713
$522,111
Assets—
2,139,394
$737,117
,
Todd-Johnson Dry Docks,
dividend of* 50
March
3 Mos. End, Mar. 31—
:
balance
383,245
Consolidated
$1,643,499
2,397,410
pef share'has been declared
20
155,
trust
1, 22 cents,^V. 154,
income—
♦Deficit.—V.
ing
March
June
$1.25.—V;
A
the
*$875,182
298,414
par)
*After
Timken-Detroit Axle Co.—$1 Dividend—
on
the
on
railway™™
railway™
oper.
from
Net
1846.
made
declared
The securities
1941
Total
March
and
Co.,
Investments
$4,325*
Net loss
was
Net
profits
exc.
stk.
com.
(no
180,252
_™-l
to
been
.
Gross
the Empire Trust
plan of reorganization
437,376
(estimated)-™
Earnings
*
$1,463,247
J9,397
_______
$1
follows:
as
Net profit after all chgs.
& Fed. income tax™
*$983,265
profit..™!
Other
20
.
has
From Jan. 1—
earned surplus,
476,125
deplet.—_
interest!-™™
inc.
Net
$2,986,793
1,523,551
$221,441
Operating income
toon-operating income™
June
Power Shares, Inc.—
&
by,
Trust
Cash
a dividend of
ia
Delaware—Smaller, Dividend
share
per
''
from
ry.
%
securi¬
$1,348,624
and
taxes
Shs.
1,010,726
„„
payable
reacquired
cents
from
Net
p. *1272.
Dividends
$1,400,932
Not operating revenue
Taxes
'
share
per
Ry.—Earnings—
Net
-
1942—Month—1941
1942—10 Mos.—1941
$1,236,542 $12,978,444 $12,003,460
899,709
9,897,513
9,016,662
expenses
p.
cents
April—
and
Gross
claims
and are held
for distr'bution
expenses
Minority
;"'y$210,343y
for
made
at
admin,
Deprec.
Ry.—Earnings of System—
revenue
Operating
155,
New
Oper. profit after deduct;^:'^
mfg^ sed., gen. and
317,289
'
•
:
v
been
Per. End. April 30—
Operating
—V.
by
1937,
United Carbon Co<-~Earnings—
v
,:'V:
income
31,
25
were
Utah
<
$185,686;
23
each; and Dec. 15,
Corp.—Listing Approved—
been
exchange agent
made
16,284
'
Gross
March
.
1941
77,625
-
owned
charges,
3 Mos. Ended March 31—
78,650
!V $210,029
™;._™™
Total deductions
(all
in
171,850
77,625
stock
with
compares
$297,874
AJnderwriters Building1 Co^-Bonds Called^
•.*■*_■♦•
22,263
4,215
:.
;
.
%
.
.
6,469
5%
of
U. S. Truck Lines, Inc. of
New York City.—V. 150, p. 3530.
$1,088,537- $l,126,610
/
109,589
115,162*
28,271
•
for minority
/
223,288
'
•
cumulative
$388,125,
shares
Ulen
i
pro-""""
after
deduction
1513.
237,783
/$321,479
4,215
Fed. taxes.
subsidiary
p.
of
$1,349,397
be
debt
stockholders
*No
$1,324,320
57,156
*145.000
profit
14,320
6,469
div._„
on
few
a
2101.
p.
A dividend of 10 cents per share has been declared
stock, par $1, payable June 15 to holders of record
', A total' of $30,000 of 1st mtge. 5V2% bonds due July 1, 1950 have
been called for redemption as of
July 1, 1942 at par.; Payment will
income
on
Net
$378,635
>
58,696
_™™L™''
expense
Provision
•
and exp.
funded
on
pref.
dividend
group
Amortization of debt disci
and
1942—12 Mos;-r-^1941
1942—3 Mos.—1941
debt and
funded
re
•
the
Co.,
earnings
before int.
$181,54-1'
and
Co.—Weekly Output-^.
%
its meeting held June 3 the New York Curb
Exchange approved
application of corporation for the original listing of 396,793 shares
common
stock
(par lOf), of which 206,900 shares have been dis¬
of
Subsidiaries)
$445,119
depreciation! "
Consol.
251,107
$18,526
Columbia
3,718
earn-
ings from operations-
'
288,995
$16,474
Realization
tributed
Domestic
(And
•
$548,981
24,544
of
eenti^June 2, 22 cents; Sept. 2, 23 cents, and Dec.
At
the
/YyV-V,
Thermoid Co.—Earnings—
Prov.
$470,536
14,320
cum.
155,
12 Weeks Ended—
current
of
V
45
$39,896
21,370
common stock ($100 pari; $1,792,900;
$901,208'; total, $14,540,562.—V. 155, p. 2101.
$865,028
the
for
1686.
net
$545,263
par), $1,552,500;
' 375,678
$680,559
provisions
Consolidated
$469,448
Balance Sheet as at Dec. 31, 194t
Assets—Fixed capital, $13,067,180; current assets
(including $225,304
cashi,
$779,632;
cash
deposited
with
trustees
and
fiscal
agents
month and $115,102 for the 12 months ended April 30, 1942, additional
to
the amounts required under
the Revenue Act of .1941.—V. 155>
;
$39,851
548
-
States, the District
liquidating value currently is 47.42%."—V. 155,
T,
debt, $2,4^5,200; notes payable—Bank,. $2,255,>>
250; notes payable—New England Public Service
Co., $150,000; ac¬
counts payable,
$220,810; 7% prior lien preferred dividend, payable,
$42,962; advance from
New
England Public Service Co., $100,000;
accrued
liabilities,
$144,609;
provision
for
Federal
income
taxes,
$131,544;- consumers'- deposits and interest thereon,
$96,852; matured
bonds, interest and dividends unclaimed (contra),
$3,157; depreciation
reserves, $2,136,313; other reserves, $32,411; contributions for exten¬
sions—non-refundable, $25,945; 7% prior lien cumulative preferred
stock
($100
par),. $2,518,900; 5%
cumulative preferred
stock
($100
•
375,678
Balance
p.
$40,472
1,088-
48
The
certificates, series A, payable June 1.
A similar distribution was made
on
March 2, last.
Payments in 1941 were as follows:
March
:Liabilities^-Funded
$1,240,706'
*Includes
-2,074,742
.
$2,980,800
1,685,500
33,594
income—™
2,316,411
$336,267-; preferred stock selling expense,
ties/At par $63,900; total,
$14,540,563.
$2,947,36213,438
_™.:'
Net
171,411
A
(contrai, $3,157; special deposits, $3,218; miscellaneous investments,
$22,700;
other.. ascete,
$7o,822; prepayments and deferred
6,110,968
7,630,232
on mtge. bonds
interest™-!—™
Gross income-
31
1942—12'Mos.—1941
$41,018
England Public
•
515,424
Interest
Other
income
amount to
,
628,386
Net oper. revenues
Other income (net)™
f
Mar.
the
.
'
:
;
of
United
$2,620,005
deductions^
""Dividends
$836,257
•Total oper.revenuede»
ductions and taxes
■
%
Ended
11.7'%.—V.
,
income
the
all
Slates Electric Light
Pays 23-Cent Dividend—
$2,785,859
dividend
♦5%
1942—Month—1941.1942—12 Mos:—1941
$751,681 $10,386,995
$9,058,330
Period Ended April 30—
•
.:
■
loss
income and surplus, $395,651; profit and
$9,509,019.—V. 155, p. 2101.
y
through
Net
t
construction, $63,757; total long-term debt, $5,139,000; current-liabilities, $700,382; other deferred liabilities, $443,695; additions to prop¬
erty
3,937
$211,262
7% pricr lien cum, pref.
of
$1,166,353;
in
electric output for the U G I
system companies for the week
ended May 30, 1942 amounted to
107,068,315 kwh., as against 95,885,300
kwh. in the same week last
year, an increase of 11,183,015 kwh., or
$286,160-
z
185,614
operat'g expenses
Income
road;
debits, $90,006; total, $9,509,019.
Liabilities—7%
$226,086
'
/and taxes../_™„!_%™;: ../
Gross
equipment,
etc;,, $8,643,519;
cash,
$263,919; special deposits, $23,412; loans and bills receivable, $74,500;
net balance receivable from agents and conductors,
$48,521; miscel¬
laneous accounts receivable, $84,944; material and supplies, $273,052;
other current assets,
$900; total deferred assets, $6,245; unadjusted-
-
and 1£ Months
1942—Month—1941
,
Net operating .Income
Non-oper. income (net)
$72,425
35,000
-
in
of
Bondiby, Ltd.,
United Gas Improvement
23,543
*,
$207,638
revenueso*—
only $2,173,990 debentures, out of $7,799,960 %
issued, remained outstanding.
Of this amounf
leaving $1,76a,280 outstanding in
public.
Such
holders numbering
over
1,500 are
by
The
...
Balance Sheet,'Dec;'ST; 1941
Assets-^-investments
29,543
expense
—
Period End. Mar. 31—
Operating
$497,339
i.
391,617
..
-
™_™™__,
219,810
24,197
Earnings for- Month
1
$485,243 v.
12,095
$551,986
_™™~.
lncomS-—-^—------
Net income i—!™™™™™-.
*
,
—ii.
___™_„_™
from gross
225,608
and
hands
located
3,882
—
discount
1942
held
foreign countries.
p. 1223.
$539,450
deductions'
iotal
#
1,236
$486,986
debt
29,
originally
1,933,930
216,472
(net)„—_
—
Other
$2,589,413
2,185,033
Railway operating income™--™————
Non-operating income
.
income
income
Amortization of
$2,937,785
.
—
income__
Interest.:
;.;V.1941
__
operating
May
are
$535,568
taxes
Non-operating
'
v
Comparative Statement of Income for Calendar Years
•
Net
<
p./
155,
of
$409,710
;——
Expenses
"As
debentures
Years
'
1
>
Operations
>
increased
2191
properties
1,
1.
estate
Because
we
do
improvement
/-
•
•
which
are
following States: In¬
New York 1, North
not
in
of
the
believe
value
type,
that
regard¬
:
.
Net
earnings
Other income
*Net
Annual
first
Annual
fund
i
earnings
interest
mortgage
interest
-
debentures
''Before
interest
—
and amortization of debt discount
*
975,000
525,000
and expense,
per
statements of income.
Company—Organized in 1926 in Virginia, the companv derived 86.7%
of its 1941 consolidated operating
revenue from its electric business,
3.7%
from
gas
business,
and the
remainder from coach and railway
•v
advised that Denis J.
is
First
series
First
1950
B,
.
20-year
refunding
6%
gold bonds,
________—3,000,000
—
—
—
sinking fund gold debentures, 1946
.——
Newport News and Hampton Ry. Gas & Elec Co. first and
refunding mortgage 5s, 1944. ___________—
Southside Virginia Power Co. first mortgage 5s, 1956___—_
Knightly Light & Power Co., Inc., serial notes__—____
Virginia Public Service Generating Co. first mtge. 4s, 195920-year 6%
3t147,000
.
3,996,500
2,000.000
229,500
.1,293,000
158,000
—..———i
•
Purchasers—The names of the several principal underwriters and the
principal amounts of the bonds and debentures underwritten by each
serial
4%
notes
follows:
as
are
'
Trask & Co., and Tucker, Anthony & Co., each
.,,*,.$360,000 bonds and $140,000 debentures.
Jackson & Curtis, and Paine, Webber & Co., each $320,000 bonds
and $130,000 debentures.
A. G. Becker & Co., Alex. Brown & Sons, Graham, Parsons & Co.,
Hornblower & Weeks, Newton, Abbe & Co., Arthur Perry & Co., Inc.,
^
Whiting, Weeks & Stubbs, Inc., The Wisconsin Co., and Dean Witter &
7Co., each $250,000 bonds and $100,000 debentures.
and
Co.,
Spencer
,
Inc.,
$85,000 debentures.
each $215,000 bonds and
Hallgarten & Co.,
Co.,' Hayden,
&
& Co.,
Putnam
and
Co.,
each $195,000 bonds and
$80,000
Chanute, Loughridge & Co., H. M. Byllesby & Co., Inc.,
Marache & Lord, Mason-Hagan, Inc., McDonald-Coolidge &
Co., Merrill, Turben & Co., The Milwaukee Co., Riter & Co., Stroud
Co., Inc., and Swiss American Corp., each $160,000 bonds and $65,000
debentures
r ^11
11 '•'*>
*
1')
1
v * i!>' *
1 •/if."
*i, ✓ / .
1 1«
Scott, Horner & Mason, Inc., and Scott & Stringfellow, each $140,000
bonds and $60,000 debentures.
Blair, Bonner & Co., $120,000 bonds and $55,000 debentures.
Ames. Emerich & Co., Inc., Field, Richards & Co. First of Michigan
Corp., Moore, Leonard & Lynch, Mullaney, Ross & Co., Peters,
& Christensen, Inc., Rauscher, Pierce & Co., Schwabacher & Co., and
Stern Brothers & Co., each $105,000 bonds and $45,000 debentures.
Bosworth,
Granbery,
:v
&
'
Writer
$110,000 bonds and $40,000 debentures.
Leary & Co., C. F. Cassell
& Co., Francis I. duPont & Co. and Chisholm
Arnold & S.
Bleichroeder, Inc., Barrow,
&
Sc
Investment Corp. of Norfolk,
Adolph Lewisohn & Sons. A. E.
Dempsey, Detmer
Nolan & Co., Inc.,
Jackley & Co., W. W. Lanahan & Co.,
Masten & Co., Charles K. Morris & Co., Inc.. Mayna.rd H.
Murch &
Co.,
Nashville Securities Co., Pacific Co. of California, Reinholdt &
Gardner,
The Robinson
Humphrey Co., Starkweather & Co., Stein
Bros. & Boyce,
Edward Lowber Stokes & Co., Walter Stokes & Co.,
E. W. Thomas & Co., Wells-Dickev Co.. and Wheelock & Cummins (Inc.,
each $70,000 bonds and $30,000 debentures.—V. 155, p. 2103.
Folger
Chapman,
1942
April—
%
Gross
ry.
railway.
from
Net
ry.
•Deficit.—-V.
$1,962,692
245,258
1,057,865
•26,095
•110,499
810,872
8,369,198
6,213,977
3.897,403
4.643.336
3.018,895
2,115,542
3,580,354
2,237,443
June 5 and Sept.
on
This
Cr3,493
37%
996,000
486,000
569,000
including Dec.
t$2,782,544
$1,518,497
$1,665,889
$6,636,293
22, 1941.—V. 152, p.
3362.
4.65
.
$317,863 in 1942, $347,629 in 1941, $400,660 in 1940
and $551,588 in 1939, in respect of studio properties charged to film
costs,
tlncludes $700,000 for possible excess profits tax.
^Equivalent
to 97 cents in 1942 and 70 cents in 1941 per share of common stock.
Consolidated Balance Sheet
Feb. 28, .'42 Mar. 1, Ml.
$
•.%•••>%,.' $
.
,
Assets—
——
—
-
Inventories
outside producer
Advances to
1,692,162
13,316,844
1,576,870
18,473,199
notes receivable
and
2,443,199
the
5,058,098
2,570,523
539,063
1,070,588
478,701
986,445
5,129,615
8,331,776
1,637,248
1,203,230
8,331,777
1,485,923
Goodwill
advances
and
Investments
——
—
Deferred charges
:
Total
stock
payable
Dividend
payable
accruals
Sundry
companies——
one
481.310
for
Reserve
;—
*
60,993,949
257,084
245,253
2,300,567
964,000
57,316,563
12,988,751
57,316,563
7,199,709
Drl70,141
contingencies
:
—ri.
Drl70,141
stock
Treasury
178,131,198 169,651,522
——
_________
6 Mos. End, Apr.
sales
of
admin,
1942
1941
1940
oper.
incf;,
$2,078,452
1,879,198
162,341
195,512-
165,381
$361,292
$143,537
$33,873
other
Net
inc.
$26,985
$69,209
34,374
5,367
11,513
t$107,634
t$21,618
14,589
16,184
17,048
nor¬
income
taxes—
-
dividends
Preferred
$142,008
>195,578
$162,099
Federal
mal
,
41,001
______
•Includes excess,-profits taxes.
tEquivalent to 36 cents in
cents in 1941 and to 1 cent in 1940 per common share.
dividends..
Common
$81,068
Dr 11,859
$357,677
income
for
Prov.
Dr6,889
Drl,529
Br3,615
.
Balance
Assets—Current
assets,
April
Sheet,
30,
real
deferred
charges
and
Liabilities—Notes
payable
to
3 Mos. Ended Mar. 31—
;
•After
V.
155,
stock
Federal income
depreciation,
2016.
p.
1940
$1,040,077 $1,010,909
$0.86
$1.27
$1.24
and excess profits taxes, etc.—
..
$57,696
16,998
cents
secured or definitely
arranged for, to
proportion of creditor asents to
the plan of reorganization together with those of each of the three
classes of preferred stock.
It is stated that the only issue to fail
adequately to respond has been the common stock, which is said to be
still considerably short of the necessary goal,
However, to afford the remaining common stockholders to join in
the plan,
an extension of 30 days to July 1 in which to meet the
necessary requirements was granted by the Court on May 29.—V. 155,
As
of
sufficient deposits
asure the required
28,
May
elected President, succeeding Charles
Lehmkuhl has been
Thomas
is
Olsen
Chairman
of
the
aviator, is a director
famous
Balchen,
M.
company
H. Close; Secretary,
Mortimer M. Abbott; and
Treasurer, George
Ivory;
Treasurer,
Assistant
Earl M.
was
majority
the
Barnum.
Edward T. Carmody;
Assistant Secretary,
Eisenlohr,
the
31—
Quar. End. Mar.
loss
•After
•
have
declared
dividend
a
of
-
—
charges before
1942
,
taxes.
1941
1940
$11,302 • f$10,556
tProfit.—V. 155, p. 1320.
$4,163
$58,867
New York Supreme Court on May 22
order by Supreme Court Justice John 'Z.
application by voting trust certificate boldest
inspection of the company's list of certificate
an
an
for an
company
the right to the holders to call a meeting of all
the
supervision of Terence J. McManus.
gave
under
holders
certificate
The
the
the
to
and
the
to
were
and David
stocks,
of getting
purpose
holders
loan
Allen Sc Co., New York over-counter dealers in
M. Palley, a certificate holder.
the list was to call a meeting of certificate
consider two matters.
These were whether an R. F. C.
petitioners
Wickwire
The
of $2,500,000 should be
company
repaid, thus terminating:
trust, and whether assets of the company should be
Republic Steel Corp., which made an offer of $7,349,000
voting
the
been rejected by
Ry. of
per
share
on
the
(II. F.) Wilcox Oil & Gas Co.—Earnings—
from
Gross
from
Net
ry.
Alabama
-Earnings—
1941
Wiser Oil Co.—Extra Distribution of 15 Cents—
directors have declared
The
in
addition
the
on
par
an
extra
$25,
dividend
dividend
quarterly
been
paid
as
both
of
25
July
1940
1939
$148,210
$147,649
34,688
20,044
31,408
16,558
8,344
17,765
578,231
560,016
144,885
railway
71,043
income___
From Jan. 1—
from
Gross
Net
from
Net
ry.
—V.
railway—
p.
714,468.
1,133,454
407,359
railway
oper.
155,
income
1760.
150.992
69,490
70,252
24,328
32,675
Dividend—
1
and Oct.
and
1,
Income
•Net
each;
1942
$217,041
and
income and excess profits taxes
State
•;
a
*
•
the pref. stock, payable July 1, both to holders of
• V '
Sept. 30, last, a distribution of $2 per share was made on the
common stock, which compared with $1 per share on Sept. 30,
1940;—
162.
1942.
tRevised.
declared a dividend of $1.75 per share on ac¬
the 7% cumul. pref. stock, par $100, payable
of record June 10.
A similar distribution was
March 20, last. Payments in 1941 were as follows: March 20,
made
to
20
on
June 20
holders
19, $2.25 each; and Dec. 19, $3.25.—V. 155, p. 162.
and Sept.
&
Checker Cab Co.
(Consol.)—Accum. Div.—
dividend of $1 per share on account
of accumulations on the 8% cumulative class A stock, par $50, pay¬
able June 15 to holders of record June 10.
A similar distribution
was made on
March 15, last.
Payments in 1941 on this issue were as
follows:
Jan. 20, April 15, July 23 and Sept. 15, $1 each, and Dec. 15,
$2.—V. 154, p. 1533, 61.
The
directors
have declared
Zonite Products Corp.
a
Operating profit
Depreciation
Fed.
income taxes,
future
tional
Net
Earn,
—V.
etc..
advs._
V 1941
$120,739
6,528
27,065
47,270
23,110
35,000
...
4,200
1939
•
1942
1940
$148,949
10,043
-
-
$67,965
11,048
16,870
6,580
51,500
38,000
$70,536
$0.08
$12,337
possible additaxes
profit
per
154,
(& Subs.)—Earnings—
$128,827
5,284
Quar. End. Mar. 31—
/
have declared
on
in
have
directors
June
stock, payable June 30, and the regular quarterly dividend of
19.
+1941
$351,794
count of accumulations on
for
share
——
{/ Company states that provision for Federal and State income and
excess
profits taxes for 1942 is based upon the existing revenue acts,
plus a reserve to cover possible increased rates.-
Prov,
155, p.
Jan. 2 and
10 cents
preferred
$3.02
$4.99
depreciation, depletion and provision of $520,000 for Federal
for
On
V.
1942:
1941,
(Alan) Wood Steel Co. (& Subs.)—Earnings—
Prov.
June
to
1942, 25 cents, and April 1, 15 cents,—V. 154, p. 61.
dividend of 50 cents per share on the
directors
per
cents
1
82,323
138,910
Western Tablet & Stationery Corp.—50-Cent Common
The
share
per share
holders of
cents per
15
of
payable
follows during 1941
25 cents each; July
1941,
1,
Jan. 2,
regular
stock,
11.
June
Extras have
April
the
to
common
Yellow
$183,641
$331,196
railway^
oper.
1941
$7,521
1942
$6,559
Quar. End. Mar. 31—
after taxes, int., deprec., deplet., etc..._
—V. 154, p. 967.
Accumulated Dividend—
bonds, £%
1942
April—
Net
sold
that
155, p. 1848.
the voting trustees of Wickwire—V.
Net loss
•After
$1.50
par
Gas Co.—Bonds Called—
of $66,050 of 1st mtge.
Western
record
1939
affirmed
granting
order also
The
total
$1.25
Inc.—Earnings—
1941
1940
1939
$231,172
t$262,701
t$153,753
but before provision for taxes.
1942
$721,580
interest, etc;,
Earnings per share on 7%
April 1, last.—V. 155, p. 1320.
West Ohio
common
*Net
Ala.
$100, payable July 1 to hold¬
of record June 15. An initial distribution of like amount was made
on
directors consists
f
Webster
1941.—V; 154, p. 1418.
•;
of Mr. Olsen, Chairman; Mr. Granger,
Vice-Chairman; Irving H. Chase, Harry M. Zuckert. Mr. Balchen. Mr.
Lehmkuhl. Olaf Heyerdahl, Harold Muller and Alexander B. Carver.—
V. 155, p. 512.
'
The board of
March 20 and June 10,
non-cumuiative preferred stock,
ers
board of directors, and Bernt
and now on special duty with
Army.
This
with
on
H.
,/ .
• •• •• V";
reorganized last year and the capital increased
of shares going to a Norwegian trust headed by
the
Olsen interests.
The company is now engaged in manufacture
of war materials for the government as well as low-cost timepieces.
Other officers elected include:
Vice-President and Controller, John
the
directors
The
Granger.
•
declared on the common
series due July 1, 1958,
have been called for redemption as of July 1, 1942 at 105 and int.
Payment will be made at the City National Bank & Trust Co., trustee,
208 So. La Salle St., Chicago, 111.—V. 150, p. 2367.
Co.—New President, Etc.—
Waterbury Clock
a
official, referee.
,
$1.50 Preferred Dividend—
—To Pay
A
Joakim
requirements
and compares
$46.52
depreciation,
record
West Boylston Mfg. Co. of Alabama, Montgomery,
8%
$753,459
on $2
t$691,603
dividend
Quarter Ended Mar. 31—
had been
1928.
p.
$214,235
after
Appellate Division of the
The
accounts
payable,
accrued taxes and
$7,295;
Co.—Deposits Extended to July 1—
Brothers
equal
per
cents per share
Warren
is
holders.
had
June 16 to holders of record June 1.
This compares
share paid on Sept. 13 and Oct. 25, 1941, and 10
payable
15
1941,
to
McGeehan
'
stock,
profit
1942
$700,000;
dividend of 25 cents per share has been
1942—12 Mos.—1941
1941
$232,255
—
net
unanimously
41,002
1942, 22
Larger Dividend—
with
t
1942
Fed.
Court Authorizes Meeting—
The
purchased and in treasury, Dr$44,569; total, $2,838,865.
A
843,221
Wickwire Spencer Steel Co. (& Subs.)—Earnings-*-
$356,204; convertible preferred stock (29,179 no par shares),
$441,247; common stock ($1.25 par), $512,520; paid-in surplus, $26,582;
earned
surplus,
$759,991; cost of 3,506 shares of preferred stock
}• $701,364
•Net profit
Earnings per share of capital
1,073,189
with $15.36 a share on $4 preference
1941. V :
share on $4 preference stock, against $52.10 a
share in the same period a year previous.
Note—Provision
for
normal
and
excess
profits taxes for quarter
ended Mar, 31, 1942, totaled $241,735 as compared with $115,357 for
like period last year, while for
12 months ended Mar, 31, 1942, tax
provisions amounted to $967,785, against $431,463.—V. 155, p. 1024.
31,
tEqual
$2,833,865.
banks,
3,999,853
1,567,617
1,255,537
to $16.98 a share on 11,086 shares of $4 pref¬
outstanding, on which dividends amounted to 545.50 as
stock
Dec.
estate
dividend payable—preferred stock,
4,903.746
1,941,229
1,336,000
inter¬
_____
above
erence
$7,000; property not used for conduct
$196,985;
5,903,432
834,142
stock in like period of
mortgage receivable,
of business, $99,477; fixed assets,
prepaid expenses,
$22,785; total,
$2,507,616;
6,985,457
2,391,636
and
deprec.
taxes
1,846,694
257,726
less
44,176
prior preference stock,
$2,090,104
2,276,942
income____
288,824
income
1760.
after
profit
est,
of
Net
68,139
229,628
White Sewing Machine Corp.—Earnings-
1939
$2,615,991
exp.
$720,967
369.537
railway
p.
•After
gen: and
ship.,
Selling,
1939
1940
$1,166,548
Quar. End. March 31—
profit
3,063,150
;
$0.51
291,244
•Net
$3,682,158
30—
—____
goods sold
339,362
325,303
period End. Mar. 31—
and amortization.
tRepresented by 103,107 no
^Represented by 3,801,344 shares, par $5.—V. 155, p. 1760.
Wentworth Mfg. Co.—Earnings—
Cost
$245,063
$1,349,329
railway
155,
Net
depreciation
par shares
Net
—V.
of
—
Capital surplus
Earned surplus
Total
505.556
55,657,288
.____
1939
.
824,343
income
oper.
•The
stock and surplus
in capital
1940
1941
1942
from
ry.
658,800
year
interest
subsidiaries
of
298,199
maturing
conting. oblig.\ etc.,
or
Mortgage end funded debt—-—
Minority
298,727
2,022,195
331,139
foreign subs, held in abeyance
from
money
(& Subs.)- -Earns.
1941
1942
$2,087,038
railway
from
Net
459,678
1,473,553
income
Remittance
after
—.
J
lailway
oper.
Net
3.782.127
deposits, etc
payable, film
Advances
Purch.
taxes
for 1942 against
1608.
From Jan. 1—
1,591,640
1,099,458
6,216,401
1—
accrued on the basis of 40r%
155, p.
22,745
3,919,784
subsidiaries—-
——
Federal
for
Reserve
23,586
—
current liabilities of foreign
payable
2,564,579
2.931.126
taxes.
...
from
Gross
3,393~519
2,367,885
income
Wheeling & Lake Erie Ry.—Earnings—
ry.
3,936,534
Federal
April—
Net
——
Due to affiliated
Royalties
profit
193,888
—
1
$351,887
$372,620
$360,596
Shrs. com. stk. (no par)
353,132
353,132
339,362
Earnings per share
$0.81
$0.86
$0.85
•After depreciation, Federal taxes, etc,—V. 155, p. 1224.
•Net
19,006,722
etc
Nil
$0.28
Westvaco Chlorine Products Corp.
from
3,665,050
*
Funded debt due within one year,
$69,948
Nil
$115,135
$0.29
3 Mos. End. Mar. 31—
Net
95,882
payable
Accounts
1941.—V.
19,006,722
—
$81,542
$118,031
400,-
common—
depreciation and
for
Cok^ Corp. (& Subs.) —Earnings,
1941
1940
1939'
'1942'
Federal taxes have been
30%
payable July 15 to holders of
preferred stock,
155, p. 1928.
profit
000. shares
and
and
:
regular quarterly dividend of $1.12%
declared the
also
the 4%%
Earn. per share on
5,670,885
■'—
*
Qua'r. End. Mar. 31—
•After
a
1941.
24,
West Virginia Coal &
;
•Net
1,194,697
tCommon
declared
3
June
19.—V.
June
5,670,885
Notes
Dividend Decreased
dividend of 25 cents per share
stock, payable June 25 to holders of record June 10.
directors
Gross
stock
tPreferred
probable taxes.
with 32M? cents per share paid on March 25, last,
share paid each quarter from June 25, 1940 to
per
share on
20,571,263
21,614,900
5,627,264
i
:
.
on
common
cents
record
178,131,198 169,651,522
—•-
Liabilities—
$74,593;
(& Subs.)—Earnings—
1942
1941
2104.
compares
per
1,592,995
foreign territ.
Mortgage and special accounts reserve
Deposit to security contract and sink, fund dep.
scenes unproduced__
assets of subs. oper. in
curr.
4,124,654
——
-
p.
directors
The
expenses,
Earner & Swasey Co.
Wa
155,
West Penn Power Co.1—Common
%■'
434,891
—
Rights and
Net
8, 805,910
'
^
Note—Federal taxes shown are company's estimate of
—V.
123,669,254 126,625,751
10,202,289 10,932,279
accounts, etc
•Property
Cash
.
Co.—Smaller Dividend—
.
j A dividend of 20 cents per share has been declared on the common
stock, par $20, payable June 15 to holders of record June 5.
This
compares with 60 cents per share paid on Dec. 20, last, and 30 cents
11, 668,038
42,456,681
•Exclusive of
1928.
Wailuku Sugar
each
$2,231,396
: *$3,802,056
Net
846,099
7.779.388
•
.
_
155, p.
$573,184
$601,610
9.036.203
4.485,148
'
income
oper.
•
2,525,740
railway
from
Net
•.;
ra'lway
from
Net
$3,784,027
5,483
$2,004,963
9,237
334,459
_.
1939
621,593
income-—
oper.
From Jan. 1—
Gross
295,503
$2,114,051
117,345
deductions
1940
1941
$2,134,181
1,008,587
raJlway____
from
Net
$1,709,459
taxes
Other
Virginian Ry.—Earnings—
41. 045,211
12,681,194
3,652,373
50,998
$3,407,071
376,956
47,500
invests.
profit—'
•After
Singer, Deane & Scribner,
Co.,
4,200
$6,401,834
2,314
4,000
The
Net
76,752,775
4,587,043
after above tax
Net inc.
provision
31,770
7
Deferred
"'":v
:'v
debentures.
'
414,000
__
Federal
Net
Dickson & Co., Inc., Hawley, Shepard &
Miller & Co., Kebbon, McCormick & Co., Laurence M.
Whipple & Co., R. S.
Bacon,
Marks
Securities Corp., Gregory & Son.,
Co., Equitable
Bear, Stearns &
and
525,000
,V
interest
Accounts
\
Blodget, Inc., Halsey, Stuart & Co., Inc., The
First Boston Corp., Kidder, Peabody & Co., Mellon Securities Corp.,
and Blyth & Co., Inc., each $1,070,000 bonds and $430,000 debentures.
Blair & Co., Inc., Drexel & Co., Eastman, Dillon & Co., Ladenburg,
Thalmann <fc Co., W. C. Langley & Co., Lee Higginson Corp., Otis & Co.,
E. H. Rollins & Sons, Inc., Union Securities Corp., and Wertheim & Co.,
each $535,000 bonds and $215,000 debentures.
A. C. Allyn & Co., Inc., Harris, Hall & Co.
(Inc.), and White, Weld
& Co., each $500,000 bonds and $200,000 debentures.
Central Republic Co. (Inc.), Estabrook & Co., W. E. Hutton & Co.,
L. F. Rothschild & Co., Schoellkopf, Hutton & Pomeroy, Inc., Shields &
Webster and
&
Stone
2,157,584
•
•*
13,866,680
13,875,457
2,400,697
in affil.
Profit
Minority
22,930,312
4,930,201
taxes.
profits
1,875,856
on
_____
1952
C,
income
Other
:
tax—
taxes.—
normal
exc.
2,349.611
—
misc.
V
480,023,503
before provision
Federal
Federal
1,628,668
__——!
".Profit
\
•
gold bonds,
.?.
:
a._~$14,118,500
refunding 20-year 6%. gold bonds,
S.
———-———■ —
8,700,000
and
mortgage
series
•
—
and
mortgage
"
'•<
.
',"'r *'
720,400,655
580,780,124 284,311,048 580,780,124 284,311,048
81,141,645 400,111,890 269,125,054
112,159,411
__■
Sales billed
Net Inc.
2,255,671
for conting—
for
Prov.
r\-
Before Refinancing
unfilled
t2,825,000
companies
Provision
1942—12 Mos.—1941
§
Orders
1,505,140
for invest,
Prov.
■'
g'
booked——___ 282,387,969; 144,795,948
2,298,539
refunding 20-year 5*%%
mortgage and
A, 1946
series
First
and deprec. of
.i*.•.;•
c>',$
..
,
.
Orders
Fed.
Interest
securities of the company.
Debt Outstanding
Funded
v
Virginia Public Service Co.:
■
Driscoll and Willard L.
$6,773,144
$5,974,896
$10,730,512 / $7,705,409
aft. film amort.
•Amort,
power
represented by the outstanding,
»:
•
■
for
of Associated Gas & Electric Corp., own 99.67% of
represented by the outstanding securities of General
Electric Corp., which in turn owns 100'% of the voting power
-
$58,547,614 $51,009,861 $50,728,843 $52,216,483
47,817,102 43,304,451 44,753,947 <45.443,339
________
and exps.
sales
of
Profit
trustees
votflkg
&
orofit
Gross
Cost
property
Control—Company
Gas
tenants, etc.'
Rents from
$9,700,000.
Thorp,
$48,905,993 $48,682,543 $50,158,428
2,115,404
2,103,867
2,046,299
2,058,055
rental,-etc.___--_r $56,432,210
1942—3 Mos.—1941
Period End. Match 31—
_
Film
-Earnings—
Westinghouse Electric & Mfg. Co.
Subs.)—Earnings—
Mar. 1, '41 Feb. 24, '40 Feb. 25, '39
Feb. 28, '42
'
26 Weeks Ended—"
(&
Inc.
Bros. Pictures,
Warner
and other enterprises.
In that year 95.8% of electric
operating revenue was derived from, customers in Virginia, 4.2%
from West Virginia, and a negligible amount from North Carolina.
The company has experienced a substantial and continuous growth
over the last five years.
In the four years ended with 1941 the num¬
ber of electric customers has increased 38.7%
and the number of gas
customers-28.2%..
In the five years gross additions to fixed capital
accounts of the company and its subsidiaries amounted to $9,996,038
and retirements $5,554,910, a net addition of $4,441,127.
Extensions,
renewals
and
additions budgeted for
1942 and 1943 amounted to
transportation
the
■
/
,gross
Monday, June 8, 1942
FINANCIAL CHRONICLE
1
THE COMMERCIAL &
2192
shr
1497.
com.
p.
14,800
$34,408
$0.04
;
;*
$51,901
$0.06
$0.01
@FedFRASER