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WW
n^Dl*
Mar
t
MONDAY
Volume
Number 4155 ■''.!
157
/./;/;.;CNeW;Yoi:k,\N. Y., Monday, Match 1, 1943
Price 60 Cents
Copy
a
AND CITY DEPARTMENT
1
BOND PROPOSALS AND NEGOTIATIONS
requested
to
communicate with sbn-Davidson
Co., Inc., Wichita;
Co., 418 Olive Street,' Campbell, McCarty & Co., De¬
St;: Louis/regarding the
pending troit, and Allen & Co.; New York,
settlement
covering
past
due to.extend to Aug. 15, 1943,- the
bonds and interest coupons in de¬ contract
to*"complete refunding
fault
sirice
Jan.
2,
1931/
The lof approximately $900,000 bonds."
New York City
Bowman &
In This Issue
r
"»
4
^
-
Corporation
Mercantile-Commerce
State and
City
ixU'.
>"U,w
Trust
h&fy
.
cessor
Co.; St.
paying
of:the issue.
York
Stock
New York
r
■-
h'os :Angeles
County
and
the
Higher
Unlisted! Securities
'"IV.
T V
V.
•
Miscellaneous
',CV
i
'
»U
<
for
j,
■;•
«■//■ *
Arizona
(State of)
Test Suit Filed
For Bond Sale
—
To
were
Clear
of
: •'
$4,100,000 State
Arizona (for Maricopa County),
refunding
bonds,
made
Loan
Commission
:
the
State
Feb.
10.
It
is
understood
decision
will
the
future. /
near,
be
Presumably
as
<V
a
State
basis for the
writ of mandate of the
Court
perior
cities
but
by Amendment
Constitution/
ment!
vote
v'
doing
>
13
to- the
/
and
'
•
of
State
of
State
them
-
to
municipal district bonds for
•?'.,
Arizona
,
...
.,
.
est
upon.
On
two
occasions
the
Arizona
holding.up the
refunding
oh
past due bonds to Aug.
j-
1,
1940.
;
•
•
"Kindly present
..
',
cur¬
HEREBY
Housing;
OF
RETIREMENT
GIVEN
that
has
Authority
New
elected
March
15,
Housing Authority Refunding
(First Issue) Series A, and Housing
Authority Refunding Bonds (Second Issue)
on
1943 all of its
A,
the
maturing
become
in
15
each
to
1972, inclusive, and
15, 1943 there will
payable upon each bond
March
on
due
March
on
1944
years
accordihgly
and
operation
from, and
after-Said
called
redemption
^
■
$2,500,-
'
'
CONNECTICUT
t'
and
coupons
subsequent to
NOTICE
the
said
IS
date
date
ALSO
of
and
bonds
cease
will
be
HEREBY
holders of all-such
redemption
such
shall
to
so
bear
for interest maturing
bonds
void.
GIVEN
so
called
to
for
appurtenant
coupons
thereto
and
of
all
the
Housing Author¬
ity Refunding Bonds (First Issue) Series A,
Housing Authority Refunding Bonds
and
Fiscal Agent,
t(> Wall Street,
There is. a possibility of a fur
New York,
N. Y.j they
will,be paid the full amount to
ther appeal to the Supreme Court'
which they would be entitled
by way pf
of the IJnited States or an
appli-: principal, redemption premium and interest
cation for a rehearing-in the Cir-* to March -15,- 1943, and that the moneys
7
L
/
for
interest
for" the
are
:;f
available
now
Interest
only
the
on
upon
for
coupons
bonds
for
coupon
such
payment.
bonds will be
presentation
and
such
surrendered
paid
surrender
of
Interest.
Coupon
redemption must
for
have
attached all coupons maturing sub¬
sequent to March 15, 1943. Bonds registered
GEORGIA
to
as
Georgia (State of)
principal
or
interest
Bill Would Exempt Corporation
must; be
transfer.
•
...
as
in
to both principal and
satisfactory form for
..
.
.
-
-
—
/
leaders
ommending That Mayor Jasper will
McLevy be; permitted to! issue to
pave the way for the return,
Georgia of the Coca-Cola Co..
$842,000 in refunding bonds dur^ and other
large corporations. The
ing the next two years.
Mayor
proposed
amendment
provides
McLevy's request, which was re¬
that the State shall exempt from
duced by the Committee, was fot
ad valorem and intangible taxa¬
-authority to issue $1,264,000 in"
tion the common voting stock of
a
subsidiary corporation when at
Refunding Approved -r/- A bill least 90% of the stock is held by
authorizing- the
city - to /issue a Georgia corporation.
It is unf
$842,000. -refunding bonds, instead derstoocl the measure has the
apf
Of 3/ $1,264,0001. as
requested
by proval of Gov. Ellis Arnall.
:
Mayor Jasperi McLevy, was signed
ILLINOIS
j
New York
City Housing Authority
Y., Dated, February 12, 1943.
New York, N.
IOWA
contend
////j''
Rochelle, III. 'i'A'A
Clarion, Iowa
Boiul Election—The issuance of
$14,000
bonds
airport
will
voters at
be
an
site
purchase
submitted
election
on
to
the
March 5,
it is reported.
Iowa
.
(State of)
$2,750,000 Primary Road Bonds
Called—The State Highway Com¬
mission
has
announced
that
the
following described primary road
bonds aggregating
$2,750,000, have
been
called
for
payment
on
May
1, 1943:
Buena Vista
Co., Nos. 401 to 1,amount of $600,May
1,
as
follow^:
$62,000 2% hospital bonds will be
Certificate Tenders Accepted—
submitted to the voters at an elecr $30,000 in r 1948, $450,000 in 1949,
In connection with the call for tion on March
and $120,000 in 1950.
*
23, according to R.
tenders on Feb. 19, of 2% regis¬
D. Heydecker, City Clerk;
:
tered/refunding certificate :of in-,
INDIANA .'7!
debtedness, maturing on Jan. 1|,
INDEX
'
Quotations:
1947, it is.stated by A.'E. Fuller,
pagi
•
-
*A
Miami, Fta.
j
'
'
.
*
|
•
Bond Election-^The issuance of
00b, 2V2%, to the
000.
your.. certifi¬
cate
of
deposit to Mr. C. W.
outstanding
Maricopa
County
bonds are subject to call, notwith¬ Diekroeger, trustee and: disburs¬
\
ing : agent, 410 Olive Street,.* St.
standing the fact that as issued
they carried ho call provision. As Louis, for payment and* endorse/ Director of
Richmond, Ind.
ment. < v.
Finance, that the City
-*;< %•- *,* * * - /
f
a result of this
court ruling^ the
Bonds Fublicly
Offered—HalCommission accepted, 15 tenders
"With^ the payment/being made;,
county called upon the State Loan
totaling, $232,000, at an average sey, Stuart •& Co., Inc., purchased
at this time, total
liquidating pay¬
Commission to refund its $4,i00,price of 99.94, plus accrued inr and made public re-offering on
ments aggregate 12% of
principal,
000 highway indebtedness and the
Feb. 26 of an issue of $180,000
terest/;
•
*
'
■*
"
and interest to
^
Aug. 1, 1940."Commission
accordingly adver¬
airport bonds at prices to
Supreme Court hak ruled that the
»
being (Second Issue) Series A of said Authority,
city by Leedy,; maturing on March 15, 1943 and of coupons
appurtenant thereto, that, upon surrender
Wheeler
and
Company of Or¬ of
.said
bonds
and
coupons,
whether or
lando, and Clyde* C. Pierce Cor-;' hot prior .to said date of
March 15, 1943,
at the office of Bankers Trust
poration of Jacksonville.
Company,
handled
,
.
so
we
the
rent
County
;//
.// ■' Ark.
•* V
/;•: ■ ;i;'
Additional Debt Payment An¬
and as individuals, hereby notify.
nounced—The
Bondholders,'; Pro¬
yOu that we will not. execute or
tective. Committee "for the disideliver said refunding bonds fo!r
trict, which Is in Greehe;/ and.,
the following reasons." ; '%/
,;
Randolph Counties, in a/notice
The balance of the letter con¬
dated Feb. Id, stated' as
follows:..
sists of six reasons for the Comr
"Funds are now available to
mission's refusal to execute or
by the Governor on Feb.* 23.
deliver
the bonds, which it is pay another liquidating dividend
;
;
of 3.6% of the total
FLORIDA
principal, in-*
assumed constitute the questions
terest coupons and accrued inter
which the court is asked to rule
officials
AVAILABILITY
FOR
redeem, and will redeem,
of
plaintiffs'
to
the effect of
.
,
have fully com¬ the purpose.' •,•»:"-.
>«"•/£
plied with our duty. However,,
Beaver Dam Drainage
District, !'
after further study we, as public
so
67.30/
Note Sale—The issue of
pledge "rev¬
acquisition". of
requiring
,
Bonds
and
were'prevented .from hoing.
then goes on to make this state¬
"In
67.88/
60.87/
..63.83't;
000 tax anticipation notes offered
Feb." 23 was awarded at 0.39%:.
to
bonds/ for
of award of the bonds. The letteir
:
:
involved the attempt of
— A * Bridgeport. Conn. •
■
■
.: Slock From Taxation
The
Refunding Bond Authorization
Allen e' Word,* of
Georgia Senate has approved and
y Mississippi Sought—.The Finance Committee
sent
to
the
House a proposed
County, said many; cities were de¬ is said ,to have
reported favorably Constitutional
sirous of acquiring • electric
amendment which
plants; to,tl}e House a substitute bill recr
Administration
resolution
a
towns
IS
City
Series
dis¬
68.46/
75.15'/
Bonds—The
and
enue
and
adopted
has
70.20/.
64.21/
66.80/
81.64'/
Culver,City,
water works and sewer. systems,!
Su-" ""The author
of/the bill,: Miss
pursuant to a
County Board of
Supervisors, the State Loan Com¬
has
*
compel the city, to satisfy so^
.called "balloon" coupons attached
to a 1933 refunding issue and in¬
volving the sum of approximately
$290,000. The litigation has had
......
plants, a. State law authorizing notes mature May 10, 1943.;
tric
resolution of the
mission
Haven. and
,
County Board of Supervisors ad¬
vised that body that in response
a
Winter
1HE
OF
Series A
REDEMPTION
.
62.35'/
O.lendale'
(State
construct
to
Issue)
OF
MONEYS
York
•
test suit, the State Loan Commis¬
sion,in a letter addressed to the
to
bonds
bidder and
Would ' AuthoTize' Public
to
AND
NOTICE
Trust &' Savings Association, andcuit Court of Appeals. The cur-"
the American National Bank, all
operate
rent - decision
does not
become
electric power and' light "systems. Of Sari Francisco. •' Only one bid final
for from 30 to 60 days.
%
The bill would extend to the elec¬ was made for the"; issue. .- The.
f
-
,
first and second class cities of the
in
\
Arkansas
(Second
NOTICE
Refiiiiding Bond Suit Dismissed
of
Legislature interest to a group composed of
is said to have under considera¬ thev Anglo
California.- National
tion a" bill which wouldpermit Bank; .Bank -of America National
a
forthcoming
'
.
Revenue
on
that
of
EeVerty Hills,i,60.00'/
"<;■'%?% ARKANSAS-V;;^,^;^:
Bill
the award of
by resolution of
was
half
3//: °0> -Calif.
of
which
first
.
re¬
—The U.„S» Circuit Court of Ap-,"
peals is said to have ruled in favor
'
municipal bond circles have been Santa ^Mtmlca-../../...u..v
awaiting with interest the reofferSan Prancisco (City
ing of the bonds to the public.- "a
been' filed in the State Courts in
the sale
this
Tax
county
Burbahk-
above,
Inglewood.
Way
A test suit has
order to clear up certain questions
which have arisen in connection
with
awarded to
Units
(First Issue) Series A)
«/
Housing Authority Refunding Bonds
Winter Haven, Fla.
First Half Collections
1941-42
i - .1942-43
Los .Angeles County.........
61.5Wo65.11'//
LOs. Angeles-City.,; ,>i,.'i59.22'/
•.
62.48'/
Aillgmbra ..T.;
|
64.84'/
68.51'/;j
^
it
Los
-
.
"J
In due course, as stated
was announced that the
ARIZONA
the
(/
4.
compared /-4o : the- missed the case without
prejudice so redeemed at the office of Bankers Trust
ffrst; half: nf: 1941-1942, according to.
the. rights of the ^plaintiffs to Company, Fiscal Agent, !(> Wall Street,
New York, N. Y., the
to:ttte following analysis prepared
principal thereof and
proceed in the State: Court for.a' accrued
interest thereon to said date, to¬
by Samuel B. Franklin & Co., Los determination of the
question in gether with a redemption premium of four
Angeles:* x'f
.")•
.i
::
the Federal Court suit.
The suit' per centum (4%) of said principal, arid
-
(See Index Below)
$36,000
1942-4&, :/as
f,[! i
-tIav
B.
therein have all of the above
city, in the case of
improvement in tax*' Wv-J. Meredith et al vs. the
City
collections
•)
O.
The
—
J.
funding bonds of the- issue of
Aug. .1, "1936. ' • - / :
;;
^
■,
(P.
—
/cities
shown ;an
-'* tL
County
Accepted
s
19 for the purchase of
;
And'' Local
Collections
Out-of-Town Listed Markets
f
and
Angeles), Calif:
Exchange
%fi
Tender
Peeples, City Clerk, reports that
trustee the city accepted tenders on Feb.
/-•.
■
CALIFORNIA
i r :-'Z
Exchange
Curb
agent
&
suc¬
j, ;y>,
QUOTATIONS
New
Bank
Louis, is .the
Housing Authority
Housing Authority Refunding Bonds
Due
'
.
,
,
•
"
.
f
,
,
*
v...
„■
■
yield
1.20%, according
District No. 2, Ark; '
Refunding Contract Extended— to maturity.
Due semi-annually
Debt
Settlement
Pending- The'City Commissioners recently from July 1, 1944 to July 1, 1957,
"
tised for and received one bid for
the issue on Feb.
1, 1943. This bid
offered to take the bonds
at
100.019,
a
as
basis of 2.748%.
2%s,
Russellville
Bondholders
Paving
of
the
Improvement
district
are
.
Plant
City, 'Fla.
,
from
approved the request of the Ran- inch
0.50%
to
New York
New
York
Other
Stock
Exchange...
Exchange
Exchanges.
Qurb
Stock
Unlisted. Securities
State and City Department:
Bond Proposals and Negotiations.
78
79
8Q
80
76
January Municipal Financing
77
General Corp. and Investment
News 77
Dividends Declared and
Payable.... 81
Redemption Calls and Sinking Fund
Notices
81
The
Course of Bank Clearings
Foreign Exchange Rates
80
81
THE COMMERCIAL
770
incl.; $6,000, 1954 to
950, ended Dec. 31, 1942. The survey 1958
incl.; $7,000, 1959 to 1963
is particularly interesting in that
2%%, to the amount of $550,000.
shows
the
extent to which incl.; $8,000, 1964 to 1969 incl. and
Due May 1, as follows: $33,000 in it
$9,000 from 1970 to 1972 incl.
1948, $385,000 in 1949, and $132,- bridge earnings have been af¬ Bonds
maturing
1964
through
fected by gasoline and tire ra¬
000 in 1950.
1972 subject to prior redemption
Cherokee Co., Nos. 501 to 1,000, tioning.
on
any interest-payment date on
In connection with the reduced
2%%, to the amount of $500,000.
revenues
on
Kentucky
bridge or after April 1, 1949, in inverse
Due May 1, as follows: $25,000 in
numerical order upon 30
days'
1948, $375,000 in 1949, and $100,- projects, the bond house states
Principal and
that it appears that such income published notice.
000 in 1950.
interest payable at the Louisville
Humboldt Co., Nos. 401 to 800, for the full year 1943 will be in
Trust Co., Louisville.
Bonds regthe neighborhood of 25% to 50%
2Va%, to the amount of $400,000.
below the 1942 figures.
In spite isterable as to principal only.
Due May 1, as follows: $20,000 in
Bids will be considered only at
of this drastic reduction, it was
1948, $300,000 in 1949, and $80,not less than $1,030
per $1,000
Co.,
Nos.
401
eighth of 1%. Bidders.are re¬
quested to name the interest
rate or rates, and each bid
may name one rate for part
of the bonds of this issue and
another rate for the balance,
1953
1947 to
Calhoun
to
but
stated,
gross
revenues
and cash
for
the
entire
$186,000 bonds.
in the sinking funds should be
Nos. 501 to 700, 2%%,
Said bonds are to be sold subject
sufficient to retire principal and
to the amount of $200,000.
Due
to the principal of and the inter¬
interest on the debts of the facili¬
May 1, as follows: $12,000 in 1948,
est on said bonds not being sub¬
ties when due.
Sinking fund bal¬
$140,000 in 1949, and $48,000 in
ject to Federal or Kentucky ad
ances, the report says, equal two
1950.
valorem or income taxation on
or
more
years' interest require¬
Lyon Co., Nos. 501 to 750, 2%%,
the date of their delivery to the
•;
to the amount of $250,000.
Due ment.
successful purchaser, and to the
May 1, as follows: $15,000 in 1948,
:/'/ Louisville, Ky..
final approving opinion of WockL
$175,000 in 1949, and $60,000 in
Sinking Fund Deficit Reduced ward, Dawson & Hobson, attor¬
1950.
—A deficit in the sinking fund neys, Louisville, being given as
Sac Co., Nos. 501 to 750, 2%%,
reserve account, set up for even¬ to their legality.
The county will
to the amount of $250,000.
Due
tual retirement of all city bond furnish "said opinion and printed
May 1, as follows: $15,000 in 1948,
Bids must be made
issues, has been reduced $323,366 bond forms.
$175,000 in 1949, and $60,000 in in the last three years, according on
forms, which may be secured
1950.
to
a
recent audit by John C. at the office of Onie P. Hamilton,
Ogden Indep. Cons. Sch. Dist.
(P. O. Ogden), Iowa
Engelhard, Controller
: .'/
tor.
and Inspec¬
Clerk
of said county,
Somerset, Kentucky, and enclosed
in a sealed envelope marked on
County
"
bidder
may
name
rates for this
Senator,
recovering
vestments.
in part on their in¬
The bill, instead of
attempting to validate the bonds,
than
issue.
Authority: Chapter 280 would permit a bondholder, by a
Court suit, to
establish
1941 Acts of the Gen¬ Circuit
of the
eral
two
Assembly
of
Maryland,
the
legal necessity and the proper
for the construction of an im¬
charge for the use of the sewers
pounding reservoir and filter or drains built with the proceeds
of the bonds which sewers the
plant.
Denom. $1,000. Dated March 1, Michigan courts have held to be
.
Ida Co.,
no
A. Reid, Highland
which, if enacted,
might result in holders of $4,459,000 defaulted and invalid Oakland
and Macomb Counties drain bonds
Clarence
by
Park
more
.
000 in 1950.
Monday, March 1, 1943
& FINANCIAL CHRONICLE
separate bid for each is¬ illegally constructed. - The courts,
if they determine the sewers to be
required, but any proposal
for both issues may provide that needed, might create special as¬
such proposal is for all bonds of sessment district and levy special
both issues and not for one issue assessments to pay off the bonds.
1943.
sue
A
is
without
the
interest
(M
other.
&
S
Principal and
1)
payable in
New York. Register-
Baltimore
or
able
principal alone; exempt
by the State and
from
as
to
taxation
Royal
Oak
Fractional
(P.
Bond
$165,000
by the counties and municipalities
Feb. 23
in
the
State;
unconditionally
and
Troy
Townships
School District
No.
11
O. Clawson), Mich.
Sale
—
The
issue
of
refunding bonds offered
was
•
awarded to
Miller,
Kenower & Co., Detroit, the only
to both principal
and interest by Montgomery and bidder, at a price of 100.016, a
net interest cost of about 3.482%,
Prince George's Counties by en¬
for
bonds bearing 3%
interest
dorsement on each bond; form of
from March 1,
1943 to April 1,
bond substantially the
same as
bonds of the last preceding series. 1945; 2V2% thereafter to Oct. 1,
Application has been made to the 1945; 3% thereafter to Oct. 1,
Public
Service -Commission
of 1947; 3V2% thereafter to Oct. 1,
Maryland for its approval of the 1950, and 4% thereafter to ma¬
V;
Series "AAA" bonds.
The Com¬ turity. ';
guaranteed
as
covering the 1942
revealed that a the outside "bid for county of
$1,721,224 in .1939 had Pulaski refunding funding bonds
ment bonds will be submitted to
been cut to $1,397,858 by the end of 1943."
Said bonds are being
the voters at an election on March
mission's approval of the Series
Warren Twp. Sch. Dist. No. 2,
of last year, at which time $41,- issued to refund similar outstand¬
8, it is reported.
"BBB" bonds is not required. The
Mich.
287,800 worth of bonds were out¬ ing funding bonds of said county,
bonds will be delivered on or
As evidence of good faith a cer¬
KENTUCKY
standing.",
Sealed Proposals Invited—Dis¬
about March 29, at place of pur¬
Phil Millet, sinking fund secre¬ tified check in the amount of $2,trict Secretary Ernest Schoensee
Elizabethtown, Ky.
chaser's
choice.
The
approving
tary, pointed out that "for the 000 must accompany each bid,
will receive sealed proposals un¬
opinion of Masslich & Mitchell of
Bond
Offering:—Conle^ Owen, third consecutive year we have which will be returned to any
til March 22, at 8 p.m., of 1937
New York, will be furnished the
City Clerk, will receive sealed met all actuarial requirements of unsuccessful bidder.
;
;
certificates of indebtedness, in an
purchasers.
Enclose a certified
bids until 7:30 p.m. on March 1 the bond retirement plan, com¬
amount not to exceed $14,000.
check for 1% of the amount of
MARYLAND
for the purchase of $29,000 water
puted on a basis of 3%% interest,
bonds
bid for,, payable
to the
works revenue bonds.
The bonds
Wayne, Mich.
despite conditions1 in the money
Baltimore, Md.
Commission.
/
:
will be dated April 1, 1942 and market which have kept earnings
Bond
Offering — Clifford
F.
Bids
Asked
On
Registered
mature April 1, as follows: $1,000 around 2lk%
MASSACHUSETTS
Ellis, Village Clerk, will receive
Stock—Baker, Watts & Co., act¬
from
1944 to 1946 incl.; $2,000,
Increase in gain on sale of in¬
sealed bids until 8 p.m. (EWT),
1947 to 1950 incl.; $1,000 from vestments over 1941 amounted to ing as agents, will receive sealed
Braintree, Mass.7IV;
on March
9 for the purchase of
bids' at their offices, Calvert &
1951 to 1954 inch and $2,000 from
Temporary Loan — A $300,000
$131,202, he added.
$195,000 not to exceed 4% in¬
Redwood Streets, Baltimore, un¬
1955 to 1961 incl.
These bonds
temporary loan is said to have terest
At the end of the year $1,657,coupon
water and sewer
awarded to
the
National
have been authorized by an ordi¬ 649 had been paid out in interest til 2:30 p.m. (EWT) on March 3 been
revenue
bonds.
Dated March 1,
for the purchase of all or any Shawmut
nance duly adopted by the Coun¬
Bank, and the Mer¬
on
city bonds, and assets of the
1943. Interest M-S. Denom. $1,000.
part of $1,213,000 5% water serial chants National /Bank, both of
cil of said city on April 6, 1942,
general fund, from which interest
Due March 1, as follows: $5,000
registered stock of the above city, Boston, jointly, at 0.45% discount.
which provides for the issuance is
paid, stood at $898,979, while
in 1946, and $10,000 in 1947 to
due $592,000 April
1, 1954 and Due on Nov. 15, 1943.
of such bonds to the amount of reserve assets were $9,908,344.
1965.
Rate of interest to be in
$621,000 April 1, 1955. Notice of
$60,000,
maturing
serially
on
No bonds matured in 1942, but
Massachusetts (State of)
multiples of Vi of 1%.
Principal
acceptance or rejection will be
April 1 of each of the years 1943 $761,000 of a railroad aid issue
and interest payable at the De¬
made promptly after 3:30
p.m. ■; Note Sale—The $4,000,000 notes
to 1961, inclusive; bonds maturing
was retired early this year.
offered for sale on Feb. 23—v. 157, troit
Trust
Co.,
Detroit.
The
(EWT) on March 3.
Payment
in the years 1943 to 1952, inclu¬
and interest of said
and delivery to be made March p, 682—were awarded jointly to principal
sive, bearing interest at the rate Perry County (P. O. Hazard), Ky.
the National City Bank of New bonds
will / be
payable solely
of 21/4% per annum, and bonds
Court Hearing on Bond Refund¬ 10 at Mercantile Trust Co., Balti¬
from the revenues of the water
more.
Legal opinion of Storey, York, and the Second National
maturing in the years 1953 to ing Question — Arguments in a
Bank of Boston, at 0.42%, plus a and sewer system of the village,
1961, inclusive, bearing interest suit brought by Frederick W. De Thorndike, Palmer & Dodge of
premium of $56; interest to fol¬ including all appurtenances and
;,//
•;
•
at the rate of 2%% per annum, Foe, New York City, against the Boston. '
low. Dated March 1, 1943. Due on extensions thereto, and said bonds
all of which interest is to be evi¬
countyere heard recently be¬
Feb. 29, 1944.
Washington Suburban Sanitary
are
to be issued pursuant to the
denced by interest coupons ma¬ fore, the
Court of,,,..Appeals at
District, Md,
; ;
/
The
second highest
bid was provisions of Act. 94 of the Pub¬
turing semi-annually.
Bonds of Frankfort. The case was carried
Bond Offering—It is stated by submitted by a group headed by lic Acts of
1933, as amended, and
said issue to the amount of $30,- to the court on appeal from a de¬
Chairman Perry Boswell that the the Bankers Trust Co. of New Ordinance No. 75 of the Ordi¬
000 are now outstanding.
It is cision of Perry County Circuit Commission will receive sealed
York, offering 0.435%.
Vt nances of the village, adopted
provided by said ordinance that Judge Roy Helm, who ruled in bids at its office, 4017 Hamilton
on
Feb. 2, 1943.
The bonds are
Methuen, Mass.
all of said bonds are optional for July, 1942, that the county could
St., Hyattsville, Md., until 3 p.m.
to
be
of
equal
standing and
Temporary Loan — A $250,000
redemption by said city prior to not be compelled to use revenue (EWT), on March 3, for the pur¬
priority of lien with the out¬
maturity in the, inverse order of derived from its general 50 cents chase of the following coupon temporary loan was awarded on
1,
Feb. 23 to the Second National standing bonds, dated March
their numbering on any interest per $100 property tax to refund construction
bonds
aggregating
Bank of Boston, at 0.498 discount. 1941, issued under the provisions
payment date with a stipulation the bonds. The county is in de¬ $1,200,000:
'
of Act. No. 94 of the Public Acts
Due on Nov. 5 and 18, 1943.
that the city will pay the holder fault on approximately $435,000
$700,000 Series AAA (water and
Second best bid was entered by of 1933, as amended, and Ordi¬
of any of such bonds thus to be road and bridge bonds. Mr. De
sewer) bonds. Due March 1, the National Shawmut Bank of nances No. 65 and 72, of the Vil¬
redeemed
additional interest in Foe's attorney, Henry F. McEl,as follows: $10,000 in 1944 to
lage, and shall be payable equally
Boston, offering 0.53%.
an
amount equal to one-fourth wain, of Louisville, argued that
with said outstanding bonds out
1953, $15,000 in 1$54 to 1963,
of 1% for each year or fraction the bonds were general obliga¬
New Bedford, Mass.
of the revenues derived from the
$20,000 in 1964 to 1973, and
thereof to elapse between the re¬ tions of the county and payable
Temporary Loan Awarded — A
$25,000 in 1974 to 1983. The
operation of the water and sewer
demption date and the stated ma¬ out of arty bounty revenue, no
bonds will be awarded at the $600,000 temporary loan was of¬
system.
The village reserves the
turity
date
of
the
respective matter what its source. He stated
fered on Feb. 18 and awarded to
highest price, not less than
right to issue additional bonds to
bonds.
The city will furnish the that enough revenue was being
the
Merchants > National
Bank, construct further extensions to
/
par and accrued interest, ofapproving opinion of Chapman received at the present time to
fered for the lowest interest and the National Shawmut Bank, the system, having equal standing
& Cutler, Chicago, and all bids pay interest on the bonds and re¬
rate bid upon in a multiple both of Boston, jointly, at 0.553% and
priority of lien
with the
tire approximately $5,000 of them
must be so conditioned.
Bidders
Dated Feb.
18, 1943.
of one-tenth or one-eighth of discount.
bonds, now outstanding and to be
must furnish certified check for annually and further contended
Due on Nov. 9, 1943.
1%, and no bid may name
issued, subject to the same condi¬
Second highest bid was an offer
$1,000 as guarantee of good faith. that the Perry County Fiscal
more
than one rate'for the
tions as set forth in Section 5, of
Court, after the bonds were voted,
bonds of this issue. Author¬ of 0.66% discount, tendered by OrdinanceNo.65 of the Ordinances
Harlan County (P. O. Harlan),
pledged that in the event the 20ity: Chapter 122 of the 1918 the First National Bank of Bos¬ of the village. The bonds will be
cent levy was insufficient they
Acts of the General Assem¬ ton.
'.<'V1
' ;v1
awarded to the bidder whose pro¬
Bonds Sold—County Judge F. would appropriate enough funds
bly of Maryland, as amended
posal p'rbduces the lowest interest
M. Meadows states that $33,000 from the 50-cent levy to meet the
MICHIGAN
for Water Main and
Sewer
cost to the village, after deducting
road
and
bridge refunding
of interest and maturity payments.
Construction.
Detroit Housing Commission
1943 bonds were sold recently at
premium offered, if any. Interest
Pulaski County (P. O. Somerset),
500,000 Series BBB (reservoir
(P. O. Detroit), Mich.
on premium will not be considered
a
price of 103.17.
and filter plant) bonds.
Due
Ky.
/
Paying Agent In New York— as deductible in determining the
on
March 1, as follows: $5,- The Manufacturers Trust Co. of
Bond Offering-—R. C. Tartar,
Kentucky (State of)
net interest cost. No bid for less
000 in 1944 to 1953, $10,000 in New York
announces
that
has been appointed than all of the bonds will be con¬
Bridge
Project
Revenues County Judge,
1954 to 1963, $15,000, 1964 to New York paying agent for $3,Charted
Institutional and in¬ sealed bids will be received until
sidered. Bids shall be conditioned
1973, and $20,000 in 1974 to 275,000 first issue series A hous¬
dividual holders of various Ken¬ 1 p.m. (CWT), on March 8 for
upon the unqualified opinion of
4
1983.
The
bonds
will
be
the purchase
of $186,000 3%%
ing bonds.
tucky and out of State bridge
Miller, Canfield, Paddock & Stone,
awarded to the highest price,
refunding bonds of 1943. Interest
revenue bonds are advised of the
of Detroit, approving the legality
Michigan (State of)
not less than par and accrued
semi-annually,
from
preparation by J. J. B. Hilliard payable,
The cost of such
Plan
To
Pay
Invalid Drain of the issue.
interest, offered for the lowest
& Son, of Louisville, of a com¬ April 1, 1943. Denom. $1,000. Due
opinion
and
of
the
printing
interest rate bid upon in' a Bonds—The State Legislature has
parative statement of bridge rev¬ April 1, as follows: $3,000 in 1944;
of the bonds will be paid by the
multiple of one-tenth or one- received for consideration a bill
enues for
the 12 months' period $4,000 in 1945 and 1946; $5,000,
Bond Election—The issuance
$17,500
construction
and
of
equip¬
The
audit,
calendar
deficit
year,
of
.
,
•
v
,
—
Commercial
William
and
Dana
Financial
,
25 Spruce Street, New York, BEekman 3-3341. Herbert D. Seibert, Editor and Publisher:
Thursday (general news and advertising issue) witlva statistical issue on Monday]. Other
State 0613). London—Edwards &o Smith, 1 Drapers' Gardens, London, E.C. Copyright 1943 by William
at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States and Possessions, ,
Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Australia
exchange, remittances for .foreign subscriptions and advertisements must be made, in New York funds.
Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers,
William D. Riggs, Business Manager. Published twice- a week [every
Seibert, President;
Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone
B. Dana Company., Reentered as second-class matter February 25, 1942, at the post office
$26.00 per year; in Dominion of Canada, $27.50 per year.
South and Central America,
and Africa, $31.00 per year. NOTE: On account of the fluctuations in the rates of
offices:
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4155
157
771
blew fssua
$12,000,000!
State of New
York
1.20% Bonds
Dated
February 26, 1943
tnr"
'
Redeemable
af par
and accrued Interest
r
.
all bonds of
or
on
a
Due $600,000 each year,
February 26, 1944-63 incY#
February 26, 1953, or on any interest payment date thereafter*, all bonds then outstanding,
single maturity beginning In the inverse order of their maturity.
.Principal and semi-annual interest, August 26 and February 26, payable in New York City at the Bank of the Manhattan Company. Coupon bonds in denomination of $l,OOQj
\—r-';—--••-c..,-.
-V- each, registerable as to principal and interest in denominations of $1,000, $5,000, $10,000 and $50,000,
•
^
Interest Exempt from all present Federal and New York State Income Taxes
In
our
opinion, Legal Investment for Savings Banks and Trust Funds in New York, Connecticut and
certain other States and for Savings
Acceptable to the State of New York
to secure
Banks in Massachusetts
security for State deposits, to the Superintendent of Insurance
as
policy holders, and to the Superintendent of Banks in trust for banks and trust companies
These Bonds, issued for Elimination of Grade Crossings, constitute, in the opinion of the Attorney General of the State of New York, valid and
bindingobligations of the State, and the full faith, credit and taxing power of the State of New York are pledged for the payment of principal and interest.
MATURITIES AND PRICES
(Accrued interest
to be
added)
Approx. Yield
Due
Yield
Feb. 26
fo
■
,
Due
^
s
Feb. 26
Maturity
to
Yield
Due
Maturity
<
to
I.V;
Yield
Due
Opt. Date
Feb. 26
Price
Feb. 26, 1953
Price
Feb. 26
to
Maturity
1944
.30%
1949
.80%
1954-55
1011/2
1.04%
1961
100
1945
.50
1950
.85
1956
'0174
1.07
1962
100
1.20
•
1946
.60
1
1951
.90
1957
101
1.09
1963
100
1.20
'A
1947
.70
f.;;
1952
.95
1958
1948
.75
j
1953
1.00
1959
100%
1001/2
IOO/4
•'
•
1960
V
1.20% 1
1.12
1.15
1.17
Yielding 1.20% after Optional Date
The above Sonde
are
as and if issued and received by us and subject to approval of legality by the Attorney General of the State of New Torts,
expected that Interim Certificates will be delivered in the first instance, pending preparation of Definitive Bonds.
offered when,
It is
The Chase National Bank
lallgarten 4 Co.
Barr Brothers 4 Co*
•4
R; W, Pressprich 4 Go.
Blair & Co., Inc.
Chemical Bank 4 Trust Company
Salomon Bros. & Hutzler
INC.
/ r
of Buffalo
Manufacturers Trust Company
Orgonized at N.W. Harrli&Co. 1882. Incorporatedl907
Estabrook & Co. Manufacturers and Traders Trust Company Stone & Webster and Blodget Kean, Taylor & Co.
-Buffalo
•
—
S.
Harris Trust and Savings Bank
T
idder, Peabody & Co.
.
The Northern Trust Company
Chicago
The Marine Trust Company
lyth & Co., Inc.
Moseley 4 Co.
'■
OV
-
/ L. F. Rothschild 4 Co,
v"v.'
quitable Securities Corporation
<
Roosevelt & Weigold
1/
'
:
'
Incorporated
:
incorporated
'
Hornblower 4 Weeks
•
White, Weld 4 Co.
Hemphill, Noyes 4 Co.
'
'-v"
':
•
Swiss American Corp.
,
R. L. Day 4 Co.
Mercantile-Commerce Bank and Trust Company
,!■;■ /•"■'!
■
•'
-■/,
■'
State Bank of Albany
W. E. Hutton 4 Co.
ie
M. Marks 4 Co.
-
First of
Michigan Corporation
Public National Bank 4 Trust Company
-
"Lee Higginson Corporation
-
Schoellkopf, Hutton 4 Pomeroy
Incorporated
The National Commercial Bank and Trust Company
of New York
Reynolds 4 Co.
v
^^
The Commercial National Bank 4 Trust
'
^
Schwabacher 4 Co.
Riter 4 Co.
C. F. Childs and Company
Incorporated
.
Ci.
Allyn and Gompanyr Inc.
Schmidt, Poole 4 Co,
G. Becker 4 Co.
1
!
Philadelphia
Incorporated
New York, February 26,
Green, Ellis 4 Anderson
1943.
-
;Edward Lowber Stokes 4 Co.
Francis I. du Pont 4 Co.*
Ernst 4 Co.
Otis 4 Co.
(Incorporated)
Company
of New York
of Albany
.
annahs, Ballin 4 Lee
•
Geo. B. Gibbons 4 Co.
Incorporated
aurence
>
.
Arnhold and S. Bleichroeder, Inc.
.
Craigmyle, Pinney 4 Co.
detail
Assembly Concurrent „ Resolu¬
more" than. $1,000 the par value
tion No. 7, by Mr. Foller, amends
of the bonds hereby offered for
Article IV, Section 6, State .Con¬
sale.
In addition to the price bid,
the purchaser must pay accrued stitution, to pledge motor vehicle
fees and gasoline taxes to the cost
interest at the rate borne by the
.
check
$3,900, payable to the Village
Enclose a certified
Village.
for
Treasurer.
MISSISSIPPI
date of the
bonds from the
Miss.
Biloxi,
Defeated
Bonds
—
Proposal
purchase price. The bonds have
been authorized pursuant to the
Local Bond Law of the State and
bonds to
cover
the city's share of the cost
Of the proposed purchase of the
gas system of the Southwestern
issue
$487,000
&
Gas
revenue
Electric Co., was
the voters at
by
.Feb. 23.
Delaware
of Gulf-
(The voters of the City
Humphreys County (P.
Belzoni), Miss.
O.
Invited—-J.
Tenders
Sealed
C.
Higdon, Clerk of the Board of
Supervisors, states that the Board
is receiving up to noon on March
call¬
bonds,. it was. noted, become
county pr dis¬
trict
bonds,
especially
county
3V2% refunding bonds.
1, 1943, at 1Q5 and now
a'4*4 % 'coupon/ A substan¬
able Sept.
bear
1943
NgW YORft
Albany),
O.
(P.
County
MONTANA
Sale
of
Bank
Albany,
1.60s,
as.
price of 100.40, a basis of
1.53%:
'
0.40% to 1.55%, according to ma-
Offering—Sealed bids will results in
1942, the report shows
be received until 8 p.m. on March
'that ' net- income for: the period
5, by Milton D. Byrd, City Clerk, amounted to $982,881, as compared
for the purchase of $10,000 re¬
with $1,576,075 in 1941. Traffic on
funding bonds. Interest rate is not the structure dropped 20.31% from
to
exceed
6%,
payable
A-O.
•its- all-time peak iri 1941, it was,
Amortization bonds will be the
noted. For the month-of Decern-*
first choice and serial bonds the
ber alone the decline was partic¬
second choice of the Council.
If
issued and
sold, the entire issue may be put
into one ..single Bond or divided
into several bonds, as the. Coun¬
^determine upon, at the
time of sale, both principal and
interest being payable in semi¬
annual installments during a pe¬
riod of five years from date of
cil
may
at. a
'about
bonds
serial
If
ture
inr the
;
1942. Dated Feb.
from
transfer
Obligations —Governor Dewey is
offered Feb. 25—v. 157, p.
said to have received recently the
syndicate
the Chase National
Bank of New York, as 1.20s,' at-a
headed
.
by
price of 100.6099, a basis of
about
1.141%. The bonds are dated
Law.
Transfer of State.
Conversiqit
elimination
684—were awarded to. a
notes,./au-
thorized by the County
v
$12,000,000 rail¬
crossing
grade
bonds
1,-1943. Due,
anticipation
tax
runs
passengers
to the- rail
they will be in the amount
$1,000 each; the sum of $1,000 line.",.Such a policy, according to
recent Philadelphia news, reports,
of said serial bonds will b^coipe
would result in an annual loss of
due and
road ;
;$125,000 Feb. 1, 1944 tO l'947.
Interest F-A.
Issued; to pay
might be forced to
at Camden and
buses
„
Bond Sale—The
v
'
Commercial Bank & Trust
.
Interest F-A// Issued
to pay a portion / of the; cost
V pf home relief, authorized by
the Social Welfare Law;"/ V
500,000- tax- revenue 'bonds t,of
Philadelphia-
"that
Washington
as
to 1953.
'
decline in
in light of reports
follows; $11,$10,000. in.cl945
1946, and $15,000. in 1947
Feb.. 1,
in- 1944,
000
and
;
.
of further
possibility
revenues
Law.
Municipal
tional
who opposed Co. of Albany, The Commercial
proposal on the- ground that National Bank & Trust Co. of New
it was-not in the public interest.
York, Hannahs, Ballin & Lee,
The /Mayor's suggestion was in
Reynolds & Co., Schwabacher &
line With his acknowledged plan
Co., C. F. Childs & Co., Inc.; Riter
to establish a municipal "yard¬
& Co., A. C. Allyn & Co., Inc.;
stick"; power plant.
The entire
Green, Ellis & Anderson, Edward
City; Council was expected to ap¬ Lowber Stokes &
Co., Francis I.
prove of the Finance Committee's duPont
& Co., Arnhold
and S.
decision "at a meeting on Feb. 25,
Bleichroeder, Inc.; A. G. Becker &
as1 that body
invariably follows
Co., Schmidt, Poole & Co., Phila¬
the * recommendations of 1 its com¬
delphia; Otis & Co., Inc.; Ernst &
mittees..
//;//• '■/"
Co., Craigmyle, Pinney & Co.
/ •New Law Covers Registration,
V //• New York (Stateof)
t;
1942-1943; authorized by
General
Due
/-■'
the
in
year
real estate and
•the-
series
yi .of 1942.a. Dated Feb.;l, 1943.
V/; //./■v;
report also mentioned the
The
issued and curtail their
are
month
same
earlier .year.-
.
Weeks,
&
blower
civic; organizations
136,000 home relief bonds,^
struc¬
ampunt of traffic .using the.
•
Inc.; HornMercantile-
Roosevelt & Weigold,
on
for-the. business,
payable J-D. Issued to refund
bonds .maturing in the fiscal
the
ularly heavy, representing a cur¬
tailment of one-third below the
bound
same.
;•
V/
Rothschild & Co.,
ley & Co., L. F.
Rejected
Council Finance Com¬ Commerce Bank & Trust Co.,
Feb. 24 rejected Mayor Equitable Securities Corp., Hemp¬
LaGuardia's
proposal
that the hill, Noyes & Co., White, Weld &
city purchase, at a cost of ap-L Cg.,;R. L. Day & Co., W..E. Hutton
proximately $15,000,000, the & Co.", State Bank of Albany/Lau¬
Sta.ten Island Edison Corp., which rence M. Marks & Co., First of
supplies, .electricity to- the entire Michigan Corp., Lee, Higginson
Borough/of Richmond, and is a Corp., Geo. B. Gibbons & Co., Inc.;
subsidiary of the Associated Gas
Schoellkopf, Hutton & "Pomeroy,
&
Electric
Corp. The Finance
Inc.; The Public National Bank &
Committee's action Was a victory Trust Co. of New York, The Na¬
mittee
1956 to 1962.;;/Interest;
000 in
:
v..
t
& Co.,
Peabody & Co., Estabrook
Manufacturers and Traders Trust
Co., Buffalo; Stone & Webster and
Blodget, Inc.; Kean, Taylor & Co.,
Swiss American Corp^ F. S. Mose-f
—The City
saving in interest charges
Bond
amortization bonds are
the
were
following: Hallgarten & Co., Barr
New York, N. Y.
-
r
Power Plant Purchase
;\v
-
15,
following,
The,
—
.
Hamilton, Mont.
underwriting
the
in
The bonds are
1943 and were
re-offered at prices to yield from
-N.'Y.~
Bond'
1958 incl.
to
dated' March
is $633,000 refunding bonds, series
of 1943.
Dated Dec/ 1, .1,942.
the goal toward which the Com¬
' Due
Dec. 1, as follows: $32,mission is driving,'the report said.
In
connection" with operating V - 000 in 1943 to 1955, and $31,tial
were
1
bonds
.
purchase by
for
bids
sealed
1,
the county of any
684,
of
aggregating $1,269,000,vofN. J.' - fered for sale at public auction
Debt Refinancing Considered—
on
Feb. 23—v. .157,, p.,684—were
The Delaware River Joint Com¬
awarded to a syndicate composed
mission is investigating the possi¬
of Halseyr Stuart &. Co.; Phelps,
bility of refinancing its $35,703,000 Fenn &
Co., Blair & Co., Inc.,
of
outstanding/ funded^ debt in
Eastman, Dillon & Co., Hemphill,
cirdef to reduce "its.heavy interest
Noyes & Co., B. J. Van Ingen &
b.urden," it was stated in the an:
Co., the First- of Michigan Corp.,
nual report of Joseph K. Costello,
all of New. York, and the State,
General
Manager.' The - bridge
(P. O. Camden),
port refused on the same day to
authorize a $600,000 bond issue in
connection with the same project.)
p.
account composed
an
..
Joint Commission
River
157,
v.
to
,
general obligations of the
Borough payable from unlimited
ad valorem taxes. Bids to be on Albany
forms furnished by the Borpugh. rvvv
defeated
in
awarded
Phelps,: Fenn & Co., Inc., Paine; Brothers & Co., Inc., R. W. PressWebber, Jackson & Curtis, and prich & Co., Salomon Bros. &
Adams, McEntee & Co., Inc., all Hutzler, Chemical Bank & Trust
of
collecting the same, the re¬ of New York, which bid a price Co., Blair & Co., Inc., Blyth & Co.,
tirement of bonds for which pro¬ of par. for $100,000 road l%s, due Inc., The Marine Trust Co. of Buf¬
ceeds
were
previously pledged 1944-1953, $300,000 public works falo, Manufacturers Trust Co., The
and for construction and main¬ 1.80s,- due 1944-1947, and $350,000 Northern Trust Co.", Chicago, Har¬
improvement 1J/4S, maturing from ris Trust & Savings Bank, Kidder,
tenance of- highways,
✓
•>
will be
election on
an
bonds
payment of the
date of the
to the
to
Monday, March 1, 1943
FINANCIAL CHRONICLE:
THE COMMERCIAL &
772
Feb.
Bill, which would author¬
Comptroller to con¬
a bank or trust com¬
Wicks
ize the State
with
tract
pany
York City for the
an office for the
in New
maintenance
,
of
26, 1943, and mature $600,000 an-, registration, conversion, reconver¬
Bonds Publicly Offered — HaL dually on Feb.'26, from 1944 to sion and transfer of State obliga¬
sey„ Stuart & Co., Inc., New; York, 1'963
incl.
The
bonds
are
Re¬ tions and for the payment of
and its associates in the purchase,
interest thereon,
deemable at par. and accrued in¬ principal, and
payable on Oct. 1,-1943,
made public ire-offering
of y the terest ;pn Feb. 26, 1953, or on any and to authorize the Comptroller
and
April 1, 1944, t and a like $200,000 from bus tolls and tit was
bonds at
prices to: yield from;
interest paymen| date thereafter. to prescribe/rules and regulations
amount on the same day pf each also noted that an additional rev¬
0.50% to 1.45% for bonds due Feb.
This/was thb first callable issue therefor; Shortly after taking of¬
year
thereafter
until all such enue! loss is possible in view of the
sold
of
r
•
,
efforts
A
bonds are paid.
bonds,
issue.
,
v
made
being
now
by
thq
operators of the
0.50%
sit line to have the
Dec.
high-speed tran¬
Office of De¬
fense
Transportation
invalidate
the present contract to reduce the
toll per passenger from 2% cents
./
whether amortiza¬
tion or serial, will be redeemable
at
any
interest date from and
after
five
years
from date of
The
.
cents.
to 114
Newark, N. J.
on
an
-
.
•
V
election
an
provide for municipal acquisi¬
of the local facilities of the
to
■/
Notes Sold—It is, stated by
Farrell,
in three months.
tion
District
Consumers Public Power
electric distribution system.
\
New Jersey
•
the bills ap¬
Legislature Bul¬
Introduced—Among
letin
Carteret, Ni J.
(State of)
Measures
Interest
Municipal
pearing
JERSEY
Chief
in
the
of the
New 'Jersey
Offering—Sealed bids will
acceptable ernment securities and would be
proposal is received. As between used for .purposes of cushioning
financial resources of the, Sta.te
proposals at the same lowest in¬
rate at which a legally
terest rate,
to
the
the bonds will be sold and municipalities, after the pres¬
or bidders offering ent war crisis ends.
bidder
S.' 46,s by Mr. Proctor, permits
$21,000 and accrued in¬ creation of county water commis¬
terest, and to accept therefor the sions to acquire and operate pri¬
least amount, of bonds,.the.bonds vate water works for benefit of
to
pay
not less than the principal
amount of
•
accepted being those first two or more municipalities and
inaturing, and if two or more bid¬ permits joint municipal bonds to
ders offer to accept the same least be issued to defray expenses.
to
be
.
Feb. 25.
or
rate
of
interest,
sewer
bonds
and
and sold
mains, authorizing the, issuance
■
not
$25,000 bonds..*;
exceed
to
Kingston, N.
•
water
on
Jan. 1, Comptroller Moore,
careful
actual
years
for
investigation,
conclusion
the
to
much
that
statutory
has
that
connection with
for
came
many
authority
done
been
in
registration, con¬
version and transfer of bonds has
•
of
..
maturities
1953
Y.
the. bonds for public
priced the 1944 to
in re-offering
investment,
to
yield
cfrom
the State with respect to the con¬
version
and
of bonds
justified only by
registry
could have been
custom, if at all.
For
State
f
;
example, Section 62 of the
Finance Law permits the
Comptroller to. issue a new bond
only where the original bond "has
or
been lost or casually destroyed"
24—v. 157, p. 684—were awarded^
The
strong demand
which at¬ and then only when sufficient se¬
to
the Harris
Trust &
Savings
tended (he formal re-ofl'ering in¬ curity is given to the Comp¬
Baqty oLNew York, ag0.90 s,..' at" a. dicated that the entire issue would troller'"to satisfy*the lawful claim
price of i00.029, a basis of abpuF be
of any person to the original cer¬
disposed of in good order.
0.89%. Sale consisted of:
tificate or bonds, or to any inter¬
Other Bids—Four other syndi¬
$75,000 publiC'imptv bonds.Due
c
;
cates competed for the issue and, est therein."
Feb. 1, as* follows: $13,000 from
as was true of" the successful ac¬
The Wicks Bill authorizes the
1944 to 1947, incl.; $10,000 in 1948
count, each specified an interest Comptroller to contract with a
and 1949, and $3,000 in 1950.
rate of 1.20%, Second high bid of
bank or trust company in the City
$8,000 home relief bonds/ Due
100.33, -or - a net-interest cost- of of New York, for services of the
$2,000 on Feb. Lfrom 1944 "to 1947,
1.168%, was entered by a group type which have been performed
incl.
headed
by Lehman
Bros,
and by the Bank of Manhattan for
Second high bid was an offer of
Iphejps, Fenp & Co., Inc.Tfiird more than a century. Although
100.017 for 0;90s made by Halsey,
high tender of 100.293, a basis' of the Comptroller may contract for
Stuart & Co., Inci, NtdW, York, and
about 1.17%, was contributed by
a
period hot exceeding 10 years,
the third high tender was 100.264
an account composed of J. P. Mor¬
the contract ipay be terminated
for Is by'Bacon, Stevenson & Co.
by him, or his successors, at any
gan & Co., Inc., Kuhn, Loeb. & Co.,
Dick & Merle-Smith, and Drexel
time.
The bill imposes greater
Larchmont, N.Y.
Note Offering—Sealed bids will & Co. Next in line was the Na¬ responsibility and liability upon
be received hntil 8 p.m. Oii March tional pity Bank of New York and the bank/or trust company than
0.30,% to 1%, according to matur¬
ity,'' and "those! due'from 1.9.54 to
registered bonds offered Feb. 1963 were offered at 101.50 to 100.
Bond Sale—The $83,000 coupon
<
.-
tf
.
*
1,"by Austin F. Tierney, "Village
for
$175,000 notes,
Treasurer,
the purchase of
Due on t July 3,
Bond
at 100.25, a basis of
1.176%, and the final offer
100.079, a net cost of 1.192%,
that
formed by
and
associates,
about
of
was
County
N.
regulate the fi¬
for the highest additional price, nancing of new sewer or
.Which price shall not exceed by systems by municipalities.
that it repre¬
sented the first time that the State
has borrowed for grade elimina¬
then
bidders offering to pay there¬
The issue
cost.
.
A.
99, by Mr. Van Anstyne, 1943.
said would authorize municipalities to
bonds will be sold to the bidder contract
to
secure
water
and Nassau
.
interest
fice
after
Denom. $1,000.
amount of bonds at the same low¬
est
net
also unique in
was
of
"the"Burney Bill, legalizing acts; of / Bonds Publicly Offered —The
the Town Board in "the construc¬ Chase National Bank of New York
tion
of
certain
lateral ... water and its associates in the financing,
$4,000 in 1944 to 1947, and $5,000 der jurisdiction of specjal com¬
in 1948. Hate of interest to be in mission consisting of the Gover¬
a
multiple of lA or one-tenth of nor, State Treasurer and State
interest pay¬ Comptroller, vthe said fund to re¬
$4,000,000 .from
Borough ceive * annually
State Highway funds and $1,000,Treasurer, or at the First Na¬
tional Bank, Carteret,
No pro¬ 000 from alcoholic beverage tax
posal will be considered for bpnds until funds total $50,000,000;: The
at a rate higher than the lowest fund would be invested in Gov¬
and Comp¬
succeeded
marketing the bonds at a record
low
N. Y.
offered
was
sold by;the;State
,
ruary
1%.- Principal, and
in
registered land acquisi¬
bonds
ever
troller Frank C.iMoore
1962 incl.
been taken for granted and, in
Dated tion purposes for less than a 40fact, .has not existed.
Hence the
March 1, 1943.
Due pn Sept. 1: year period- - This .change was drafting and passage of the Wicks
made possible as a result of an
$2,000 in 1944 to 1951, and $1,000.
Bill.
)
in 1952.
Prin. and int..; (M-S) amendment' to the' Finance- Law
The authority conferred upon
which Comptroller Moore himself
payable at the Bellport National
sponsored. By inaugurating the the Comptroller to issue bonds
Bank with New York Exchange.
callable feature and reducing the would undoubtedly permit the is¬
Clarence Water, District No,. J
maturity,
the Comptroller was suance of either coupon or regis¬
/
/.;/«. (Q- Clarence),. N. Y,.,
able to dispose of the current issue tered bonds, but, according to the
memorandum, the
Bond Bill Pending —Governor at a saving of a large amount of Comptroller's
validity of the other practices of
Dewey is said to have received interest charges. L /
•/
-
State
able at the office of the
rl.Beiiport,
coupon or
League of Municipalities of Feb¬
11, and considered of mu¬
,Ue received until 8 p.m. (E^T), nicipal interest are the following.
S.' 30, by Mr, Pascoe, to permit
oh March 3, by August J. Perry,
Borough Clerk, for the purchase county, municipal and school dis¬
trict sinking fund moneys to be
of $21,000 coupon or registered
fire equipment bonds. Int. rate is invested in.-unlimited obligations
of the United States Government.
hot to exceed 6%, payable M-S.S. 45, by Mr. Lance, to create
Denom.
$1,000. Dated March 1,
1943. Due on March 1 as follows: State, resources reserve fund un¬
Bond
to
1943
Bonds Sold--A $17,000' issue-
on
E. A.
Accountant,!. that
$300,000 water1 line bond antici¬
April 2 the voters will consider
issue of $310,000 revenue bonds pation notes have been sold. Due
Kearney, Neb.
Election.—At
1953 incl.',- and from
1.70% for bonds due on
to
1 from
t
r'
tion
NEBRASKA
Bond
1 from 1944 to
(Pi
Y.
Mineola),
the
Bank
by
a
group
of The Manhattan Co.,
New York.
Underwriting
Group — Associ¬
$750,000 bonds
and described in ated with the Chase National Bank
Sale—The
offered Feb. 25
O.
made
specified in the 1840 act.
Section 2 of the bill authorizes
prescribe rules
covering
the
provided by the
the Comptroller to
regulations
services
bank: On
to
be
Aprfl 28, 1942, the then
Comptroller attempted
to pre¬
scribe, by rules, the method of
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4155
157k
This do to improve the State tax sys¬
\Ve do not intend to stop
to tem,
adopt rules covering not only the here. But the changes that will be
method
of
authorizing transfer made in the * future must come
but other matters related or in¬ from further study of the entire
cidental to registration, conver¬ complicated tax machinery that
bill
transfer.
of
authorization
the
enables
Comptroller
sion, reconversion
With
the
enactment
of
the
Water Power Bill Awaits Gov¬
Wicks Bill and the negotiation for ernor's
Signature — Governor
a new contract with the Bank pf
Dewey's water-power control bill
the Manhattan Company, it is be¬
providing for full payment for.
lieved that the valid transfer and
public waters used by private
conversion of the bonds of the
power companies awaited his sig¬
State and all other matters relatr nature on Feb.
24, after having
,
ing thereto is assured.
Bill
Would
Assessment
A
t h
u
Review
Crawford-Stephens
add
a
Article
new
been
unanimously approved by
City both the Senate and the Assem¬
Boards—The bly.
'•
o r
i
z e
Bill
would
15 to the Tax
Law, providing the State Tax De¬
partment
shall establish;
board
a
Port of New York
Authority, N. Y.
Strong Financial Condition At¬
tributed To Sound Pre-War Poli¬
city cies— The building up of strong
of 100,000 or over, and elsewhere reserve funds in pre-war days is
iti State the State Tax Commis¬ bearing fruit now in the con¬
of assessment review in each
sion shall act
board, with
as
assesment review
to review and
revise real property assessments
on petition of aggrieved taxpay¬
er; appeal may be taken to Ap¬
pellate Division and salaries and
power
of
expenses
review
assessment
tinued
soundness
of
New
York-
New Jersey interstate bridge and
turineL bonds, Comptroller John
J.
Mulcahy, of The Port of New
York Authority, told the Munic¬
ipal Bond Club of Philadelphia at
a luncheon held at the University
on Feb.. 24.
:
charged against
city or County; $50,000 is appro¬
Refusal to tamper in the past
priated, The bill was referred to with the established toll schedule
the Ways and Means Committee at the Holland
Tunnel, Lincoln
in the Assembly and the Taxation
Tunnel, George Washington
Committee in the Senate.
Bridge, and the three Staten Is¬
Governor Signs Bill Allowing land crosings made it possible for
board
shall
Club
be
Tax Deductions For Medical
Ex¬
the
Washing¬
ton, it was said immediately that
all
Federal
agencies
in
Ohio,
1944.
Which
from
full
And Insurance
commissioners
of
the
Port
attendance at school
lege.
;
At
;V"'
informal
an
col¬
or
,
signing
cere¬
Mr. Dewey said there will
changes to simplify and
improve the tax system next year
mony
be
more
after he has received reports from
two advisory committees studying
the
problem,
working
one
on
re¬
the State's fiscal struc¬
vision of
and headed
ture
by Morris Darrell, of New York, and the other
reviewing the fiscal needs of mu¬
nicipalities and headed by Comp¬
troller Frank C. Moore.
"I
happy
am
to
perform
the
final act of translating to law this
part of my program for humaniz¬
ing the State's tax system," Mr.
Dewey said.
"This law permits
three new types of deductions in
the
State
income-tax
returns;
General
Water
Local
.
Plant
"First, deductions are permitted
medical
including
the cost of childbirth, which ex¬
ceed 5% of the taxpayer's net in¬
come, with a maximum of $1,500
expenses,
Offer Made
dents
Ohio
—The
Water
share
much as,
according to the Baruch
report, this would come pretty
near bringing the nation to total
economic collapse.
"All of these things must be
taken with a big 'if.'
They are
not prognostications."
,
society can long"survive.
"The first chapter of the laws
of
1943
made
possible
the
ment of taxes in quarterly
changes repre¬
have been able to
ments. These four
sent what we
pay¬
install¬
the
ration
public housing project if an ton, Toledo, Sandusky, East Liver¬
Supreme Court ruling that pool;
Wellsville,
Steubenville,
they are not tax exempt remains, Conneaut, Warren, Salem, Xenia,
was voiced by Herbert Emmerich,
Dover, Ashland, Shelby, Mount
ance
Ohio
Commissioner
Public
of
the
Federal
Housing Authority, in
an
of
stock
.
which
is
not
se¬
awarded to A.
—were
G.
Becker
]'y,, f; •!'./ ';
adversely affected by war condi¬
NORTH CAROLINA
u
tions, such as those of vehiculartoll
facilities," will
ultimately Craven
County (P. O. New Bern),
weather
the
storm
and
again
y
v.
climb up the ladder, provided the
Tenders Wanted—It is stated by
'old-fashioned' but firm founda¬
Jane Holland, Clerk of the Board
tions upon which they are based
of
County Commissioners, that
shall be allowed to endure.
"The Port of New York Author¬ pursuant to the provisions of the
agreement with the Bondholders'
ity, despite reverses and disap¬
pointments suffered periodically Committee, the county is inviting
since its inception in 1921, includ¬ tenders: for purchase of its re¬
ing the jolt administered by the funding bonds, dated July 1, 1936
war,
has an excellent financial (including Permanent Improve*
ment
and > School - Refunding
condition today.
Attempts have i
been made to impede our progress bonds)' which fwill be received
until March 8, at noon.
in various
ways
especially by
Tenders must give - the series,
meddling with our toll structure.
Our commissioners have stead¬ bond number and the principal
-
of
amount
formal
forecast
of
what
may
will
through the year with
18 who' are in full-time atten¬ total revenues of about $12,500,dance at an approved school or 000.
Deducting
operating
ex¬
college. Most of the boys and girls penses of $4,000,000 (and I believe
this will be less) and deducting
who achieve higher education do
so at the cost of great sacrifice by, also interest charges amounting to
themselves and by their parents. $5,300,000, we will have left about
In making these sacrifices they $3,200,000 from the year's oper¬
Our actual amortization
contribute vitally to the necessary ations.
professions and trained leadership requirements will be but $2,500,-
Without doc¬
include
Vernon,
Pomeroy,
Middleport,
Canton, Athens, Bucyrus, Galion,
address Feb. 17 at a four-State
Crestline, and Defiance.
regional meeting of the National
"The law, which is not subject
Warren County (P. O. Glens
Association of Housing Officials. to
referendum, has taken its place
Falls), N. Y.
"The community's contribution on the statute book. The act was
Bond Sale—The $50,000 airport
to housing projects is tax exemp¬ taken
bonds offered Feb. 24-—v, 157, p.
immediately to the office of
685—were awarded to the Na¬ tion, matched by cash from the Attorney General Thomas J. Her¬
tional Commercial Bank of Al¬ Government," Mr. Emmerich said. bert for correct numbering of the
"If
tax
exemption
goes,
the amended section of the Ohio Gen¬
bany, as Is, at a price of 100.125,
United States will have to oper¬ eral Code. The
a basis of about
0.976%.
Dated
Attorney General's
ate the projects entirely."
March 1, 1943, and due $5,000 on
Office found the
act in proper
Mr.
Emmerich
pointed
out, form.
March 1 from 1944 to 1953, incl.
however, that a court case was
"It was said at the Attorney
Among other bids were the fol¬
slated to be heard in Youngstown
General's office that there was no
lowing:
>. i 1
shortly that might restore tax ex-r
Bidder—
/
: Int. Rate Rate Bid
knowledge there of any litigation
Harris Trust &. Savings Bank
1.10%
100.22
eanption for housing projects in to test the
constitutionality of the
cured fundamentally by revenues & Co. of New York, as 1.20s, at a
in one form or another," Mr. Mul¬ price of
100.32, a basis of about
cahy declared. "Mortgages and re¬ 1.16%.
Dated Feb. 1, 1943.
Due
serves are only intermediate ele¬
$10,000 on Feb. 1 from 1944 to
ments. Securities that are being 1958 inch
;
a
of modern society.
will
Service
,
the exemption allow¬ happen in 1943. But assuming
now
permitted for depen¬ (just for instance) that traffic
under 18 years of age is falls 40% under 1941, then we
tors, ministers, engineers, lawyers,
dentists and teachers no liberal
new
statement from
.
Authority, Mr.
"Third,
extended to include students over
a
•
each
bond
and
shall
:
ance
"In
,
fastly refused to yield and today
we
possess a
substantial 'back stipulate the price at which the
bonds are being offered, which
log' in the form of reserves which
in the case of a husband and wife
will aid us materially in fording price shall be interpreted to mean,
and $750 in the case of a single
the
turbulent
stream
of
war plus accrued interest from Jan. 1,
person,
The welfare of the indi¬ which we all must cross. * * *
1943 to date of delivery.
All cou¬
vidual and of the community will
"The year 1942 produced gross pon bonds offered shall have the
be well served by these deduc¬ revenues from all
sources totaling July 1, 1943 and subsequent cou¬
tions.
'
,'7 '
'
>■' '
$16,200,000, a decrease of about pons attached. All offerings must
"Second, deductions are now
$2,500,000 under 1941.
Despite be firm until March 10, 1943. One
permitted for life-insurance pre¬ these 1942 reverses, we neverthe¬ or more bonds may be tendered.
miums and nqt to exceed $150 a
Bonds will be purchased at the
less bolstered our General Re¬
year.
Life insurance is the only serve Fund by about $4,700,000, lowest tendered price.
Such of
protection of millions of people retired bonds of about $2,400,000 the tendered bonds as are ac¬
against possible disaster. I do not and credited our Insurance and cepted for purchase, shall be de¬
feel that the State should tax that
Deficiency Funds with about $70,- livered through either the Branch
portion of the income of a bread¬ 000.
Banking & Trust Co;, or the First
winner who uses the money to
"It seems to me to be highly Citizens Bank & Trust Co., Newpay for a reasonable amount of undesirable for anyone to
attempt Bern, within 5 days from notifica¬
insurance.
under the
law.
boards, draft boards, and others
Co.,
off 40% in 1943 and all passenger
that come closely in contact with
which supplies the city, has been
car travel
(whether necessary or
Ohio citizens, would carry on un¬
offered
$375,000
by
the
City
not) is eliminated commencing in
Council for its plant and distri¬ der Eastern War Time. The rail¬
1944; then, with bus and truck
roads also are to continue on East¬
bution system. The Council is said
travel
remaining
at
the
1941
ern War Time. The Federal step
to have informed the utility com¬
level, the Port Authority can meet
indicated that the Interstate Com¬
all debt service through 1945 at pany that it wishes to exercise an
merce Commission would make no
option for .this purchase. ■ ■
which time its General Reserve as
change in zone times as to Ohio.
well as Insurance and other Re¬
Cleveland, Ohio
"At least 25 Ohio cities have de¬
serves would be reduced to
$2,Government May
Take Over cided or indicated intention to re¬
,000,000. It seems, preposterous to Housing Project—A warning that main, at least during the Summer,
even consider the complete elimi¬
the Federal Government will have on War Time. They are Cleveland,
nation of passenger vehicles inas¬ to take over the
city's slum, clear¬ Akron, Cuyahoga Falls, Barber-
.
for
Sunday morning
we
our
Mulcahy said, to
—Governor
Thomas
E.
Dewey maintain the bi-State agency in a Halsey, Stuart & Co., Inc... 1.10%
100.20
Ohio.
.0';'
*
signed on Feb. 18 as Chapter 12 healthy financial condition. With¬ C. P. Childs & Co. and Sherwood & Co.........
1.10%
1C0.18
of Laws of 1943, the Whitney Bill out undertaking a formal fore¬
Franklin County (P. O. Columbus),
authorizing deductions from per¬ cast, the speaker discussed the sit¬ Washington County (P. O. CamOhio
that
would
follow
the
sonal income tax returns for med¬ uations
bridge), N. Y.
■
Bond Sale—The $124,000 semi¬
ical expenses, life insurance pre¬ possible
sharp
curtailment of
Bond Sale—The $150,000 semi- annual
poor relief bonds offered
miums and for dependents more automotive travel. ;
ann. bridge of 1943 bonds offered
for sale on Feb. 23—v. 157, p. 516
than 18 years of age who are in
"There is hardly a bond or a for sale on Feb. 19—v.
157, p. 595 —were awarded to the Ohio Co.
penses
Premiums
would have to permit the State Treasurer to is¬
Reserve sue the bonds piecemeal.
an
amount
of $1,150,000.
This
OHIO
would then leave us with $10,450,000 in General Reserve on Jan. 1,
Circleville, Ohio
1943, then
draw
"Again assuming, if traffic falls
exists."
transfer.
or
for
773
come
tion
of
the
acceptance
of
the
tender.
North Carolina (State of)
cooperation with the Director of
Public Works, nominally in charge
Columbus, as, l%s, paying a
of clocks in Ohio public offices."
price of 100.832, a basis of about
1.09%. Dated March 15, 1943. Due Ohio
State
Bridge
Commission
$7,000 on March and Sept. 15,1944
(P. O. Columbus), Ohio
to 1950, and $7,000 on March, and
Bond Call—Ray Palmer, Secret
$6,000, Sept. 15 in 1951 and 1952.
tary Treasurer of the Commission,
announces that $48,000 3V2% PomHamilton County (P. O.
eroy-Mason Bridge revenue bonds,
Cincinnati), Ohio
numbered variously, have been
List Of Bids — The $125,000
called tot payment on April 1,
county building bonds awarded
1943. Dated Oct. 1, 1936. Due Opt.
Feb. 17 to the Harris Trust &
1, 1956, and optional April 1, 1937.
Savings Bank, Chicago, and Breed
The
bonds thus
called, accom¬
& Harrison of Cincinnati, jointly,
panied by Oct. 1, 1943 and subse¬
as
1Y2S, at a price of 101.879, a
basis of about 1.32%, as reported quent coupons, will be retired at
the
Guaranty Trust Co., New
in v. 157, p. 685, were also bid for
York; Coupons due on and pripr
as follows and each bidder named
to April
an interest rate of l.V2%.
|i; 1943, will be paid qn
-v7:y
presentation of same.
Bidder—
Premium
<
.
Northern
Trust
Co.,
Chicago,
and
Asset, Kreimer & Puller, Cincinnati
Weil, Roth & Irving Co.; VanLahr.
Doll
&
Ishpording, and Provident
Savings Bank & Trust Co., Cin¬
•
cinnati
7
Massillon
Bond
Conservancy Dist, (P. O.
Massillon), Ohio
Interest
Payment
Con¬
tested—A taxpayer's suit is said
to have been filed in the Com¬
Pleas
Court, Canton, con¬
by the City of
Massillon, Ohio, of interest on
$345,000 Massillon
Conservancy
mon
testing
District
striving to brighten
up
7'"',
v",
petition is said to have
.......,..
&
.
■.
Debt Composition Flan Petition
Filed—A
1,351.00
Clark & Co., Cleveland,..,..
1,057.00
Co., Cincinnati,975.80
Ohio Co., Columbus....365.00
Harriman Ripley & Co.,
Inc., and
Hayden Miller & Co., Cleveland..-.
263.00
Braun, Bosworth & Co., Toledo
95.00
Fahey,
Fohl
./ Solon, ■ Ohio
■
$1,496.25
payment
been
filed
the
of
in
the
United
Northern
District
States
District
Court
for
the
of
Ohio, East¬
Division, asking for the con¬
firmation of its
partially com¬
pleted and executed plan of com¬
position of its indebtedness.
A hearing will be held on the
petition in the Federal Building
at Cleveland, Ohio, on May 6,
1943, at 10:30 o'clock a.m.
>
ern
Claims and interest of creditors
shall be filed
before
the
evidenced
or
date
fixed
on
for
or
the
bonds
issued in 1940 to hearing/ by filing with the clerk
city's contribution to of the court at his office written
the district's flood control grade proofs of such claims or interests
elimination.
The question in dis¬ in the form and manner provided
pute is whether the city's contri¬ by the general order so far as ap¬
bution should be increased by the plicable.
;
7
;
amount of the interest charges on
a bond issue which would bring
Summit County (P. O. Akron),
that contribution of $345,000 up to
7
Ohio
$499,381.11.
The suit is brought
Bond Issue Foreseen
It is
by Attorneys Franklin L. Maier stated
by Ralph Kibbler, Chair¬
and Lewis M. Wiggins in behalf
man of the Board of County Com¬
of ex-Mayor Harry Lash, of Mas¬
missioners, that in order to meet
sillon,
as
taxpayer.
The
city the 1943 payroll
requirements and
agreed to the contribution while other
expenses, a bond issue will
Mr. Lash was Mayor.
be necessary, possibly as high as
Ohio (State of)
$200,000. The Commissioners have
Bill Providing For New Time already approved
expenditures of
Schedule Signed By Governor— $100,000
and a like amount is
A special dispatch from Columbus, needed.
The County Auditor in
finance the
—
Municipal
Revenue
Financing
Period Extended—A Senate
meas¬
is reported to have received
consideration by
the
Senate
Committee on Counties,
ure
favorable
Cities
and
extend
bill introduced in the State Sen¬
"Ohio
tonight headed def¬
a
dull
picture with too many ate authorizes the issuance of initely toward confusion on the
colors, I shall have to admit that $15,000,000 highway bonds to pro¬ time issue after Governor Bricker
had we not prepaid $1,900,000 of vide funds for post-war construc¬ signed the bill turning Ohio clocks
The measure would back one hour. This is to be done
our
Sinking Fund requirements tion work.
am
no inquiries
It was added that
the Legal Department had stood
ready to cooperate with any group,
which wished a legal test to be
made. This was to be done under
the subject.
of
Towns,, which would
by two years the period
during which counties, cities and
towns may issue. revenue bonds
for acquisition, construction, reimprovement, bet- dated Feb. 17, published in the
000. Thus, we could at the ehd of iconstruction,
'terment and extension of revenue- Cincinnati
1943 carry to our General Reserve
"Enquirer" of the fol¬
producing undertakings.
an additional $750,000.
lowing day stated ip part as fol¬
"Just so that you won't get the
Proposed
Bond
Financing—A lows:
idea I
There have been
act.
on
was
his amended certificate of antici¬
pation
lowing
revenues
sums
in
provides the fol¬
addition to the
General Fund: Bond retirement,
$730,000 of which $270,000 will be
refunded; County road and bridge
fund, $581,000; dog and kennel
fund, $40,000; Shaw Sanatorium,
$150,000; poor relief, $300,000 in-
& FINANCIAL CHRONICLE
THE COMMERCIAL
774
Voted
Bonds
At
-
Cole-'
Coincidentally, . Senators
Guthrie, Okla.
on
,
airport
construction bonds
approved at an election on
000
was
Exchanged
d
-
same
the
at
therein
agent
bondsf City
equal to
designated
place
and
ries )
Funds,
Trust
106.295:
,
issued
Feb. 17, at $145,625,
on
which includes all warrants
prior
to
and
including
April 29, 1942.
$2,721,806.57.
; •
$20,000 sanitary -sewer and sewage disposal, Series 149, i%%
option of the
holder at the trust department of
the
American
National: Bank'-
Lehman
Sinking
were'sold
the
at
or
reports
Sinking Fund Bonds Sold—'City
Stuart Bailey states that face value., State of Texas General
following .bonds aggregating Revenue warrants to and includ¬
$137,000,- owned by the various ing No. 184,372-D (1941-42 Se¬
payee- :
of said
State
r-
James
Jesse
that he is calling for payment ;at
Auditor
should be presented .for pay-,
ment
Drexel &
philadelphiaj, and
Cq
of
Redemption
Warrant
Treasurer
.
(State pf)
the
1958.
Irrespective
Texas
t
1939, 'Due April 1/
named in the face
ing March 1, 1959 to 1975, are
optional March 1, 1958.
<
.
Dallas, Texas
"
v
Dated Oct. 1,
■
.
/ -7-:
Funding; Se¬
Registered
1939,, Nos. 3 to 7, 19, and 45
51, 4%%, ::
t<>
Feb. 9,
Due April
1, 1937.
in Aus¬
Tex., and a 'Plan of Compo¬
sition' may be had by application
to the undersigned."
:;
:
• "V
»
tin,
■---
June
1, 1962.
Fully
the voters are said tioduced another bill call g
to have approved the issuance of a two-year exteiision J
$200,000
airpor t construction of the Local .Government Commisbonds by a wide margin.
ision./
• ■';
"•■
Bonds Voted—An issue of $200,-1
Philadelphia, Pa.
held
rates.
Dated
Mallery .and fteyenson in-
election'fan,
an
interest
ries
American National Bank
176, and 178 to -181,vvarious
172,
eluding
the
State's ■ matching -sales and the municipal lien sysshare, and Metropolitan Park Dis- tem. Senator Mallery said at pres¬
ent sometimes all three methods
itrict, $80,000.
are used against the same property
OKLAHOMA
to collect the same year's taxes.
Monday, March 1, 1943
General
This
call is for
7
,
revenue
warrants,
1, 1940, are
dated prior to Sept.
bonds... Dated .Feb. 1,. 1938.
now
void because of the State
Due $10,000 on Feb. 1, in 1947
Nashville, at par and accrued in¬ r ."
statute
of
2
years
limitation.
; an.d
1948., Interest payable
Bond Flection—At an election .change group, announced that dur- terest, having April: 1, "1943 and
Possessors .7 of
these
warrants
--A---Av
on
March 2 the voters will con- ing the period Jan, 5 to Feb. 15, subsequent coupons attached; In¬ F:-^F-A.
should make arrangements with
aider the following bond issues: $7 >043,400 bonds were exchanged, terest ceases to accrue ' on said -77,000 -school improvement/ Sethe State representative of their
ries 150, 214 % bonds. ;Dated
$15,000 hospital site and $35,000 making a total of .$32,211,300 ex¬ bonds on and after April 1, T943;
district to have them presented
changed to date.;
This includes, unless default Shall have been "v -Feb.'.1, 192$. Due on Aug.: 1:
hospital sewer line.
to the General Claims Committee"
■? $25,000 in 1946, $3,000, 1947;
bonds of practically all aeries, but made in payment thereof.
*/: :for .special appropriation at the
OREGON
$9,000, 1948; $10,000 in 1949
leaving bonds in many -series still
.Since the .completion of the",1937
next session of the State Legis¬
refunding plan for "bonds of the r$i4.'to 1-952. Interest payable F-A. lature.; Out of State holders
Clots kanie
People's
Utility Dis' available for exchange.
pf:
40,000 street opening and widenabove county, .it is reported that
trict (P- 0. Clatskanie), Columbia
such
warrants
must
notify the
RHODE ISLAND
County, Ore.
j $250,000 of the 1937' refunding -V'v'- ing, Series 456, 1,80% bonds, .State Treasurer's -office.
vA- Dated April .1,1940. Due. on
bonds were .again refunded ; into
Bond Sale—The issue of $175,tfohnston, R. if.
}
Dther
than general revenue
Apr.il -l:. $10,000 in 1948 to
serial obligations in October, 1939:
000 electric
revenue
bonds of¬
Bond Issue Measure Approved
warrants, all State warrants are
••
1950, and $5,000, 1951
and
fered Feb. 24—v, 157, p. 516— ^ Bouse—The 'bill "to authorize In September, 1941 ,-the county au¬
cashable when issued and should
By
thorized - approximately
was awarded
to Blyth & Co. of ^
$700,000 4Ar... 1952: . Interest payable A-G. ; be presented. immediately
for
to
bonds1
4% serial bonds for the purpose Eastland .Free School. Jncorpora- payment.- ,;
Portland, as 2 is, at a price of ,0
Prompt A presentation
liquidate
.outstanding
un$8;88.
Bonds ,are dated July 1, aecured debts has been passed ,by of refunding a like amount -of 14,•' fior^ Texas:4-47.
for payment of- these warrants
■_
1942 and are to mature in up- ^ jjouse
bonds would bear .callable term bonds issued .under
appreciated by
Sealed Tejrders Invited—'Secre¬ will be greatly
proximately equal annual instal- jn-j;eres^: at not to exceed 3 V2% the 1937 plan. Since this author¬ tary ,C. A. Hertig states that he .the Treasurer's office.
merits
the period from and mature serially In 20 years, ization became effective, several will receive sealed tenders of reduring
WASHINGTON
'<
July 1, 1945 to July 1, 1967. Call-I with a maximum yearly payment' blocks of bonds have been called
funding /bonds,
Series 4 Aug.
1,
ana araer July 1, 1950, in
and refunded, but it.is believed
able on and after juiy i, WJM' .0f
$10,000.
1941,' .until March :8, .at 8 p.m.
Bremerton, Wash. '
'
that most of the 1937 bonds are
inverse order of maturity.
The,
i
Funds an the .amount of aproxiBond Offering—Sealed bids will
A -SOUTH CAROLINA j';;
Ballard-Hassett
Co.,
of
Des
Af still outstanding.
niately $8,000 .are said to be avail¬ be received until 11 a.m. on March'
Moines, second high bidder, of¬
able for purchases.
:7>:' 17, by E. J, McC.all, City Clerk,
:
Tennessee (State of)
Greenville, S. C.
V»
fered a price of 98 for $53,000
Fxtends Debt Retirement Aet—- Lower Colorado River
To Refund Water Debt—A bill
Authority Lor -the purchase .of $62,000 fund¬
.3-y2S, $82,000 3s and $40,000 2%s.;
ing bonds. Jnterest rate is not to
authorizing the-city to refund $1,- The .Tennessee Taxpayers Asso:
'
(P- *0. Austin), Texas
Oregon (State of)
Dated
400,000 of outstanding water works ciation, fnc., ,Nashville, Term.; re- ,r Bonds Sold—It is reported that exceed 6%, payable A-O.
Irrjgation District Bond Bay- bands was recently introduced in ports that, in line with its xecom
April 15, 1943. Denom. $1,000. Due
revenue
bonds in the amount ol
ments Further Secured - The «.
<
■'
—
April 15, as follows: $2,000 in 1944
the
State
Legislature and was mendations, the General Ass.em
$21,635,000, have been awarded to
Ways and Means Committee of ^ja^ecj j0r early passage. The mea- bly has approved .as Chapter 136
to 1947, $3,000 in 1948 to 1957, and
Stranahan, Harris & Co., Inc., of
the State Legislature is said to
of Laws of 1943, a bill making/all
$4,000 in 1958 to 1963.
The bids
sure states that the city can now
Toledo, at a net interest cost bi
have given its approval to a bill
shall specify, first; the lowest rate
porrow at an interest rate consid- general obligation bonds already about 2 92%.
' ■ 'v
'-s
prepared by the Treasury
,of Interest and premium} if .any,
issued or hereafter -issued' by
erably less than the rates of from,, ^
■■7 It is under-stood that these bonds
above par at which the bidder
wil be reoffered for general in¬
9™ ^ # • u
- wjl1
••.T'„ ..iT 4y2% to 5% paid on the existing 'State subject .tofinancing and re
of New York, joint manof .the $162,296,000 bond ex-
Bros.,
-■('
Okla.
Okmulgee,
agers
.
.
.
.
•
.
:
,
■
issue" $100,000'
7itT
,
.
.
,
'
,
■
,
■
*
,
...
„
,
,
474.45 oi income tax receipts will
be
The powers of the! tirement under the provisions of
granted in addition Chapter 165, Public Acts of 1937.
tQ an(j not in substitution for the Because of an oversight, the Assoexistino DOwers of the city
the ciation reports, the act authoriz¬
POWCrS Ol .ine CJ-iy, UlC
ing the $500,000 State tuberculosis
bill states.:
hospital bonds,' dated April 1,
SOUTH DAKOTA
1941, did not affirmatively 'make
this issue subject -to the require¬
Wessington Indep. Sch. Dist.
ments of -the 1937 debt retirement
(P. -Q. Wetssington)., S. Dak.
7
law. 'To .correct this omission and
Bonds Sold—The Bank of 'Wess-
jp^ebtedness.
impounded to meet principal
interest
and
standing
payments
State
on
arP
are
out-
district
irrigation
hnnrk
bonds. ThP?P bonds
These hnnrk
not
not
able and the money will be
railcall
placed
.,
sinking fund to meet the pay¬
as
they become due, thus
obviating the necessity for an
annual levy to meet this indebt¬
in
are
liew
a
edness.
^
„
Bond
as
at
OJ
(P.
County
-brmg .all other general obligaje-feWlthf the ^rov.swns
$1,000.lof
enactment, the aboveon Jan.) menttoned new toll was.enacted.
said to have purchased;
par. W7.000 3% semi-ann.
funding bonds. V Denom.
ington
PENNSYLVANIA
fibonthumberland
^.
|
ments
i
„
*"nh.ury)' P"'
Offering.Sealeb
,
,
Dated March 1,1943.
Due
J
1 in 1945 to 1957; all bonds ma
hids turing after Jan. 1, 1953, being
,
^4 be on March TXu o P,m: subject to redemption, on any inrecgivedu 1, by Robert
(EWT),
terest payment date prior to ma.Gibson, County Controller, for the turity, on :30 days' notice, at par
purchase -of $225,000 114 % coupon .arx(j accrued interest.. V Prin. ;and
refunding bonds.
Denom.
?aHn /SnC'
1:
;
in
$1^000.
$30j000 in 1944 to 1947, $25,000
1948 to 1950, $21,000 in 1951,
$9;000 in 1952.
Bonds are
anolis
1 p
(State
of)
Local
tion
delinquent real estate
through
-establishment
of
tax
collection
<670,'650
out
of the pity's
debt
of
is reported to have been
refunded. The refunding program
j was
1841.
put into operation early in
,
^
M&Npiry County (P.
O.
Selmer),
the County Commis- I
Tenn.
sinner's offices of each county unj
Bmid Call — County Judge R.
4er s bill introduced in the State barter Smith states that the folbureaus
in
Legislature Feb. 22 by Senators
Edward J. -Coleman, Lackawanna
county bonds are being
payment on April 1:
.County Refunding, Nos. 550, '551,
554 to 574, 626 to 65.9, .682 to 712,
719 to 723, 727 to 746, 757 to 764
and 793 to 797, various interest
lowing
called
County Democrat, and Geopge B.
Stevenson, Clinton County Repub¬
lican. ,'-,V 7."
.,-'V
Described
as an
effort to collect
Government Commission. Senator
Charles R. Mallery, Blair County
j
Republican, who heads the
I
mission, said the bill was designed
"to-simplify collections, discharge
liens and give marketable titles to
.properties sold for taxes."
■
|
The bureaus, which would be
.guided by advisory committees
named,bythe local taxing districts,1
-would .seek to collect delinquent
faxes
.and
failing, would center
judgments nr hold property sales
that the
reports
now
of
Education,
equip¬
..State
at
2%s,
.as
-as
r
Mexia, Texas
,
T.i:4,4
.
■
These
the' $176,000 314%
-semi-,annual water works refund¬
of
in
our
are
the
'
Ranson-Davidson Co.
Dist j No.
of
San- Antonio—v. 157., p. 685—it is
*
the bonds mentioned
issue of Feb. 22.
ing, .and the $399.,000 31/3,% semi-:
Okanogan
annual general refunding bonds
to
cer¬
a
of the amount
of bid.
Furcnasers—In connection with
the "sate
Enclose
tified check for 5%
Vvi
County v. Public Utility
(P. O. Omak), Wash.
i
Water Purchase Bond Election
,
reported that Barous, Kindred &
Urged—The City Council is said
Co. uf Chicago, the J. R. Phillips
to
Investment
Co.
,of
Houston,
Columbian Securities Corp.,
McRoberts ;& Co., both of San
tonio, were associated with
have passed
a
resolution/
rec¬
ommending to -the Board of Com¬
the
and
An¬
the
missioners of the district that
an
election be called to submit to the
voters
an
issue of bonds necessary
to
acquire the Washington Water
Power Company property. 7/v.-;
chase, paying par. '
■
,
;
The price that should be paid by
Dated March 1, 1943Denomi¬
nation $1,000. Principal and inter¬ the district for said properties has
est-payable at the American Na¬ been determined by condemnation
tional Bank,'Austin,
in the State
Issued for proceedings held
the -purpose of refunding a like Superior Court in and for the
above
firm
named
in
the
pur¬
.
a
giving
years;
257%.
a
of ..about taxes levied against
basis
all taxable trict to the Washington Water
property 'therein within the limits i Power Company for its properties
•;
;
t
'
prescribed by law. The City is re¬
quired by law to levy taxes for
Debt Composition Offer fo'Fxthe payment of the Water Works
pire Shortly—The following let¬
bonds, f. but the transfer of net
"--■.o-iV-'
Cisco, Texas
ter has been addressed to holders
of the city's
water -works income to City .oper¬
bonds .and warrants
ating funds reduces the general
by the D.unne-lsrael Co. 'of Wich¬
taxes
ita, 'Kan.t. -;
:V"''-'.'b:
"We have heretofore advised all
known holders of Cisco, Tex., se¬
curities that all bonds and war¬
rants
not
submitted
to
the
'Plan
tually
that
so
said
bonds
self-supporting.
funds are available in
are
as
just
the inter¬
Legality approved
compensation
Should the
be
same
.therefor,
purchased by
the district.
7:.
-A
Washington (State of)
ac¬
Sufficient
est and -sinking funds to meet all
1943 services.
and the amount that the company
must .accept for- said properties
Public
Utility
Broadened—A
District
7
Law
law giving two
or
more
public utility districts the
right .to condemn private power
companies is said -to have become
by Chapman .& Cutler, of Chicago.
Composition' as .authorized in
effective recently.
It is reported
The issues are descrioed more
the interlocutory decree <of the
that the new law may affect .about
fully as follows:
April 1, 1937.
Denom. -United States District Court, en¬
$200,000,000 of utility properties.
$1 qqo
Due April 1 1962
tered on Oct. 8, 1942, within .six .$'176,000 31/4% water works bonds.
Heretofore, a single district could
Due on March 4: $13,000 in
Refunding, "Nos. 6 to 10, 12 to months from this date, will there¬
■only .condemn part of a utility
1944 to 1951, $14,000, 1952 tc
22, and 41 to 51, 4% %.
after be debarred from any claim
property. A777
7:/
7.
A
1954, and $15,000 in 1955 and
bated April 1 1940
Denom
against the City of Cisco, Tex.
1956. Interest payable M-S.
>
"As .stated above, the final de¬
$1,000.
Due April 1, as follows:
UNITED STATES
399,000 3lk % general bonds. In¬
?5>000 in 1962, and $22,000 in 1964. cree was entered on Oct.. 8, 1942,
United States
terest payable M-J3. Due on
School, Nos. 6 to 31, 34 to 44, 55 and the six-months period
in
Gas Tax Collections For Ten
Mar-eh 1 as follows: $16,000 in
to €4, .67 to. 76, and 83 and '84, which the original securities may
of "
-
,
,
,
4
be
bated
April
1,
1940.
$500, $300 and $250.
4962
Denom.
Due April 1,
April 7, 1943. We,
therefore, urge all holders of un¬
exchanged Cisco, Tex., bonds or
Fu]jy
.
.
Southern
J
States
Compiled — The
1958, $17,000 in 1959.
$18;OQ0 in 1960 and 1961, $19,- Equitable -Securities Corp. .of New
000 In 1962, $20,000 in 1963 York and Nashville is distributing
a pamphlet
and
showing -monthly gas¬
1964, $21,000
in 1965,
oline tax receipts for ten South¬
$22,000 in 1966 and 1967, $23,ern
-States during
the calendar
000 in 1968, $24,000 in 1969,
•1957 and
exchanged for refunding bonds
will .expire on
Registered Funding, Be¬ warrants to submit their securi¬
at regular intervals.
:<
I rjes 1937, Nos. 2 to 7, 10 to 14, 17 ties for exchange prior., to this
The propsed collection method t0 49, 22 and
*
23, 26 to 35, 37 and date.
would consolidate the three meth- 38,
"The new refunding bonds are
46, 48 to 57, 60 to 64, 66, 68, 71
ods now in use. They are county 4o
84, 103 to 124. 126 to 147, 151 ready for delivery in exchange
treasurers' sales, city treasurers' 32^
152,15510 159,16210 168,170,' for' original securities 'at ihe
the bonds at par.
A-vAAf
price of 101,10, and amount
of. unmatured optional •county and the jury has rendered
mature $10,000 from March 15, voted
bonds. Said bonds consti¬ a verdict determining that the
1943 to 1957.; bonds maturing from tute direct
general obligations of sum of $2,227,521 is the amount
1953 to 1957, being callable tin ten the
City, payable from ad valorem that should be paid by the dis¬
for
$200,,0.00,000 in overdue taxes, the rates.
proposal is sponsored by the Local
Dated
com-
Secretary
-in
,
7
all
Bond Sale Details—The District
chased
Elizabethton, Tenn.
Delinquent Taxes—Collec- (
of
;
noted here last August, were pur¬
Debt Refunded—A total of $1,-
,Of, $1,672,650
taxes would be oentralized
•
(P. O.
Bishop), Texas ':; f "A'Vv-
:7'v
;
Board
'*
TENNESSEE
registerable as to principal only.
Interest payable J-D.
Pennsylvania
Bishop Indep. Sch. Dist.
(j-j) payable.at the First Na-J $150,000 construction and
lional Bank & Trust Co., Minne- ment bonds sold to .the
and
New Program For Collection
TEXAS
will purchase said bonds, or, sec¬
shortly by the above
conjunction
with the ond, the lowest rate of interest-at
which the bidder will purchase
First Boston Corporation.
%
:
vestment
firm,
-
$26,000 in
1972, $28,000
1973, $29,000 in 1974, and
$25,000
in
1970,
1971, $27,000 in
in
$8,000 in 1975. Bonds matur¬
years
1941
States
represented in the tabula¬
tions
North
and
include:
1942.
The
ten
Florida, Georgia,
South Carolina,
Carolina,
-
Volume -157
Virginia,
Louisiana,
;
Number-4155
•
;
Arkansas,
Council
and
Alabama,
Mississippi
Public Utility Board of Manitoba
have proceeded with a :
Ten-
RFC Moves Drainage And Levee
It
Section
Jesse
To
City-
Kansas
announced
was
city
RFC.,
It
of
Secretary
ers..
March
on
*
In
May of
thorized
V
Strong.
1933,
j
-
mutual
distress
financial
i. Loans
have
///-/'
;
have
Dec.
authorized
able to the borrowers.
)
Taxes
against
necessary
have
bonds
the
been
proximately
reduced
to
of
/
bonds,
interest
and
ap¬
their
which
rates
from 51/2 % to 6%
to 4%
the
on
reducing
by
on
had
been
v
>• :
>.i
Of the
$99,764,759 disbursed by
RFC, $34,634,766 has been repaid,
$19,978,198 by the borrowers and
$14,656,568 by sale of the securi¬
ties to.the public.
the
bonds
836.
Premiums
RFC
by the
sold
over
amount
therefore
if
return
it
IlicaHi'Djill
St.
—The
(Province of)
tive
Payment Announced—
Feb.
on
ma¬
15, 1940, are being
hdvised that interest at the rate of
2^%
for
office
at
your
>
0 /
.
.
r
Boniface,^Manitoba
'/ "While
interest pay¬
on
States
of
dollars
to
15,
the
•
,
Certificates Sold—A $90,000,000
issue of
Deposit Certificates is said
have
been
sold
chartered
to
Canadian:tax
authorities
under
date
of:
was
12
held/that bond
V
.
Winnipeg
Man. \:vr: '
;.,:j
Price
Water District,
Paid—The
countant
/;
Assistant
Ac¬
reports that the $1,400,000 3%%' semi-ann. refunding
bonds sold to-a syndicate headed
now
by Bell, Gouinlock & Co. of To¬
ronto—v.
157, p. 596—were pur¬
chased at a price of 100.89, a basis
of about 3.39%. V Dated Feb.) 1,
1943.
1
Due
Feb.: 1, 1953.;
on
*
J Portage la Prairie, Afan.
Default
Cure
Program Offered
following letter to holders
of the city's debentures was ad¬
dressed
recently by F. L. Hancock,
Secretary of the Debenture Hold¬
ers' Committee:
;
of
*
•
••
•
•
*
"It will be recalled that the City
on
on
June 1,1939, and
that since that date no. payments
have been made on either prin¬
90,168,112
55,000,000
55.000,000
1,359.207 P13.472.037
55,657,500
20,000,000
Foreign Bondholders
Council, Inc., 90 Broad
York City: :;//'■
by
It
is .with much
the Council
vices
1943.
•.MM,
St,.
"In
August/ 1941
advised
was
Boniface,
v
the
Council
by
the', City of /St..
Manitoba, h that - the
coupons
United
in
be
order
belonging
dents -vwithout
non-resident
to
434
for
Units
Bucyrus, Ohio „_444—444
Choctaw Co., Miss
210
Clinton
434
435
Columbus, Neb.
Conneaut, Ohio
302
433
1917———-—
the
Kenosha
.
during the* month and the
bulk of the financing, in keeping with .the
trend, was for refunding
purposes.,
Aside
from the
diminutiveness
of
the
month's
output,
which by now is no longer a
/novelty in the municipal field, other
developments during January included the default on Jan. 1 bond
interest by the Niagara'Falls
Bridge-Commission, New York, and
d$44,OQO
.
1.75
1-47,000
—4——1-72-'
■
2
1944-1948
5,200
1944-1947
/4;
7,600
1954-1957
44,000
1945-1969
400,000
1944-1951
1.33
100
2.00
100.76
1.36
100.02
1.59?
rl,021,000
/'•■
1975~"~~
Maryland Heights S. D„ Mo.44'_2»A-%
Melby S. D. 15, N. Dak444li44'
Minneapolis, Minn. '4_47.-ii44l.40
/.Minneapolis; -Minn: ;i_i^i44_i4_1.40
101.35
20.000
•
30,000
"l05.12
rdl9,500
*
255.620
7
1952-1960
i'd45,000
1
15,000
100.47
1.93
8,000
"
:
,
10.000
1944-1953
r2,300,000
100.23
1.35
1944-1953
500,000
100.23
1.35'
1946-1963
135,000
101.90
1.57
!
1944-1951
l-d36.000
100.27
;
1050
1-26,500
101.38
1.31
500,000
100.05
1.24
124
Mitchell, S. Dak
1%
Monmouth, Ore. 44-444.——_2
121
Muncie,
Nashville,:Tennv'L^-'iki-^Lthiy^*'*
1943-1962
433
Newton
1943-1952
'
44/1,.4--4ii-l V-z
111.—4——
1.44
1.89
23,000
:
4
Ohio_44!44--2
100.17
101.28
675.000
:
1944-1959
1944-1953
122
,
-
;
,
York City Housing Authority,
/•; '
N,.Y.-i„i_44—-_ui44_—warious /1
;
,
.
•
38,800
100
New
4/
211
Onondaga Co.;N.
299
Orleans Levee Dist.,
210
Palmyra, N.'
123
Port Jervis/ N. Y7444—-4-4-1.70 «'
Poughkeepsie, N. Y,__--—4—4-1.20
Royalton, N. Y. (2 issues)—4.2 '. /.
St.
434
Clair
Okla.444
D„
Shores,
Mich. —4—various-
-Salt
513
Sarasota
302
Scott Twp. S. D..
435
Selah-Moxee Irrigation Dist,,
;
Wash ; ■ ' 4' '
' -—4 4—/
800
south
City,
Dist,, Mo.—
Utah—
st.
Paul,
1.18'
100
2.17
100.19
1.72
4,500
1950-1956
1-64,000
100.17
1.68
210.000
100.26
1.17
80,000
100.84
1.93
1-220,000
1944-1960
100.01
3.43
,
1'
/"/
1943-1972
"
1944-1960
1-660,000
/
—
Co7, Fla.__4——4-/31A
2.12
100.09
11,000
//
1943-1966
St, Prances Levee
308
Lake
1-92,000
'/
300
100
350,000
1-983,000
.
Pawnee S.
123.
rd37,0l3,000
—4i_2
124
211"
1944-1981
1944-1955
La,4—4—23/4-l
1944-1953
1946-1972
■Y4v'4/a444-i.2D-;
'. Pattonville S. D„ Mo.i—
122
1.65
100
2.89
116,000
1948-1952
219
4.00
100.54
150,000
4ic-44-^-u_4_1 (4
D.,
1.37
100
1944-1953
15-year
S.
100.18
>
Macedonia S. D.,
H.
103.17
5,000
Cd.y Wis.j_—_4__ 1.60
Ind.
1.31
T0Y.8O
1-80,000
172,000
.
Twps.
Lawrence Co., Ky
435
out¬
Basis
r39.000
/V.
.
20,000
124
122,
40,973,081.
put
Price
1944-1953
County; ■ Ky.4^4-i/4i/i44i.:'/'/*::
Luling,' Texas''
McLeansboro, 111.
4-3(4
122
Amount
1945-1949
.Lee
121
24,060,118,
issues
*
—
308'
;
',••'
1944-1953
'///
—
domestic
,
Chicago Sanitary Dist., Ind._2
'Erie, Pa/
Orosse Poirite Woods, Mich._-4_2
Hopkins, Minn. 7_——4_1(4
124
70,366,623
1946-1958
East
299
83,529,891
25,090,625
/
/
7, MiCh4w444—44-2-4 Vs
D.
87,050,550
:
1919—
3V2
—
Harrison
96,995,609
108,587,199
1921
Maturity
___1.40
Davidson Co., N. C
S.
&
$135,536,122
1922—
.
.1945-1964
Champion Twp„ Ohio——-iT-l3/*
Charleston Co,, -S.,-
122
—
1923———
1920——
2=»/43
^^
Bloomfield, N. J.———
302'
1925——
1924_—__—99,625,470'
1918———
of
*/ Rate"
~
300
435
75,000
1944-1945
Pa.——4-44-1 % .4
rl6,000
100.50
3.25
1944-1959
31,000
101.76
1.65
1.48,
.
3
1-117,500
Minn/4444/42
1946-1963
1-340,000
106.15
435
Syracuse, N. Y.—4-44,—4—1.30
1948-1957
rl,100,000
100.08
435.
Troy,, N. Y.__
1947-1953
1-400,000
100.06
1.68
Niagara Falls, unit was the-second bridge agency /to become
delinquent in its debt service requirements since the impact of
434
Vanceburg, Ky.?—4^4----*--443(4:7,
1944-1961
ldl 10,000
104
2.91
101.14
1.64
wartime
•123
a
renewal
of
selling of municipals by, various institutional holders.
The
$3,000,000
Toledo, Ohio, water system bonds, t
/ -;/ / >
Z::
»
1 vv' •
While short-term municipal
financing" in January reached the
extremely heavy, total of $157,500,000, the figure includes
$95,420,000
accounted
for
by various
housing
placement of $25,000:,000 revenue
in previous
instances, the* bulk of the housing notes were ac¬
quired by a syndicate formed py- the Ghemieal Bank & Trust
Co.,
New York City.
Except for isolated instances, such obligations are
acquired by the purchasing institutions for their own investment
account.
■'
.4./,
7// ' '/ •/•
■//•;•/ '
■ ••
//''.//".
The Canadian municipal-market in
January was distinguished
by the distribution in the United States of a $90,000,000 Dominion
As
-
issue
1952-1958
298
Wichita,
—44——41(i
C._4-444—2
Kan. i
Winston Salem, N.
302
Wooster, Ohio
■
Total
,bond
covering 59
d Optional,
States and
for
January
■
■
1944-1952
35,000
100.21
1.21
1-109.000
101.31
2.15
1-165,000
100.10
1.79
1145.000
100.40
1.05
1966-1967
1-228,000
100.72
1.97
/
1953-1963
1950-1963
!
1944-1952
.-5
r4^
sales
r37.000
(55
5,462
municipalities
——-
—
separate issues!——4—
k Not
CANADIAN
MUNICIPAL
ISSUED
BONDS
Rate
Name
?v/'■,:>.< •■<•'.*
'
k$49,289,682
including $157,540,000 tempoi-axy loans or
municipalities from agencies of the Federal Government,
Page
1.29
*
West Orange, N. J.—_^
2 (4
White Plains, N. Y.-4——1.80
302
.
1944-1953
435
IN
funds
r
JANUARY
Amount
Maturity
obtained by
Refunding bonds.
Price
Basis
1948-1953-
213
Canada
(Dominion of>—_——..2(4-3
Canada
(Dominion
of)
516
Canada
(Dominion
of)
516
Greater
Winnipeg
124
Manitoba
•
The
1.70
r
433' Vincennes, Ind.:4—44i-4--41%
302-.' West Homestead, Pa.4'44.4_4_ltV
authority note awards and the
bills by the City of New York.
refunding "isshe.Y This marked the first Canadian munic¬
offering to originate in this; country in a number of years.
was
placed by- a syndicate headed by Morgan Stanley
terest of debenture holders.
& Co., New York, and
.consisted,; ,of $30,000,000 2V?s, due Jan, 15,
"The committee
has
followed1948, and $60,000,000 3s, of which $30,000,000 mature in 1953 and
Portage la Prairie's affairs closely a similar amount in 1958.
The -bonds contain a callable feature
and negotiations with the
City and the Dominion effected the financing to
provide, together with
formed in the in¬
all
124
tax, and that appli¬
appeared in the market fo^ funds
ipal
a
was
^ Name
„
list
212
the
the
emitting
during
100,343,627
302
after
default,
1926—
Benton, Ky...—
cash
.
,
made
206,877,975
-4—
1927-4
Alexandria, Minn;
Benton, Ky/ 44u44_i44—I3-3V4
121
/ Long-term financing by the States/and local subdivisions dur¬
ing the month of January amounted to no more than $49,289,682,
affording still further evidence of the war-induced contraction in
financing of this character, ' Moreover/ this point "is further -em¬
phasized with .•.■regard to;the past; month's record in that the total
States
issues
1929—75.710,723
1928
433
that
'
35.834,606
109,842,814
4-
433
121
of
47.888,417 ".
•
$55,071,204
444
1930—4
,97.172,419
rage V
non-resi¬
deduction
7
-84,737,17.7
103,823.188
.1935—44'4'4
funds,
to
United
separate
138,248,064
1931——50,648.907
'///,/ In the following we
during the past month;
City of
Canadian
States
the
of
1932—i!44-
89,523,614
S02
in
1933
207,228,381
434
,
in
number
1934—4—
1936———
Commissioner of Income Tax has
it .will
None
324,648,800 '
,
1937—4—4-
reconsidered the matter, arid that
on the city bonds is still
that
the
63,645,197
1938.7,-4-144
the
Boniface, that; the
municipalities
and
^49,289,682
7)4
,___44
1940__:_4_/4_
reports that ad¬
from
of
bonds
1939___
been received, both
Department of Finance
and
None
347;290.226 .321,326,744 513,199,639
119,523,451
WkAUwW'
1941
Ottawa.
satisfaction
number
I942_i—_
have
the
Ottawa
at
now
at
None
None
1943, were 55 and'59, respectively.
This contrasts with'
January, 1942.
44
4
4
comparative purposes we add the following table showing
the aggregate of long-term bonds
put out in the United States for
January for a series of years. It will be observed that the 1937
January output was the largest on record:
took up the
directly with the Canadian
Finance
None
None
temporary securities, issued by New York City—•$25,000,000 in
January,
1942; $35,000,000 in 1941; $35,000,000 in 1940, and
$45,000,000 in 1939.
in
The
4
None
,
454,369,682
none
—
435
Halifax,
Commission,
308
New
Brunswick
^45,000,000
*45,000,000
_234-3y2
./•
1953
rl,400,000
1944-1963
* -
1950
(Province of 1 ——_3(4'
1955
Que.
—
-_-4
North
Quebec
(Province of)
308
Quebec
(Province of) —------,—2(4
-_4
-_„3(4
Total Canadian municipal issues sold
♦Temporary .loan; not included
r Refunding bonds.
in
99.81
3.36
r3,800,000
rl,250.000
1943-1957
308
Monaghan.Twt-,' Ont
825,000
,,
308
States,
ar90,000,000
—
Montreal Catholic School
N. S.—i—
1958
;/;•'
—
Water- Dist.,
—-—--3(4.
596,
of Canada
Committee
1,050,908
None
For
// "The Council then
Minister*■ of
Possessions
199 and 236 in
to/continue such deductions,
St;, payable
■
cipal or Interest account.
Shortly
Debenture Holders
67,540.000
S._.—90,000,000
U., S.
103,823,188
January,
was
subject to the tax im¬
posed and that it would be neces¬
matter
U.
in
of
permanent
ada
.
Portage la Prairie defaulted
its debentures
159,990,425
75,000,000
7
or
traffic restrictions
over/:Canadian/border crossings."" The
original instance was that of the Thousand Islands Bridge Author¬
^ ; ; ity, New York. - -With reference to. institutional
-selling, the -largest
operation of this character involved the'sale of a block of
—The
181,322,340
"Includes
credited to non-residents of Can¬
sary
'
$
90,000,000
1943,"
4/ had
paid
1939
$
...
136,715,867
to
non¬
authorities
interest
,
84,737,177
—
Total
Protec-; interest
New
/
Feb.
that the Canadian tax
1940
$
63.645,197
Placed
residents, - and* further that from
•
Greater
1941
'• *$
.■■■:•
119,523,451
re¬
period includes. one offering that amounted to $37,013,000.
banks.. Due on Aug. 17, 1943.- -/■ This was accounted for ';by, the New York City Housing Authority,
New York, the bonds having been
purchased by a syndicate headed
r
T MANITOBA
by Lehman-Brothers of New Ybrk,
Then, too,* only 55 -municipal
to
1942
$
*
•
49.289,682
Bonds
city authorities felt
'
(Dominion of)
S.)
(perm.):
Placed in Canada________
Imperial Bank of Canada, in Can¬
r,:fe ;*y
(U.
♦Temp. loans (U. S.)
157,540,000
Canadian loans (temp.4_._4 90,000,000
the
Canada
loans
Canadian loans
or
ada/
•■/
*
;■
Permanent
half year ending partial interest payments, offered cation .is .being made for refund
$12.50 per $1,000 de¬ on the external dollar bonds of of taxes heretofore paid."'0
nomination, will be .paid upon
presentation at any branch of the
Feb.
1943
j4
Canada, the de¬
be met in Canadian funds to
from
/
following/statement
issued
tured
this
Interest Payable In U. S. Funds
the
Holders of debentures which
-would complete
Street, To¬
1
,
Interest
you
to
ronto, Ont.
Alberta
in
earliest convenience.".
J //
The address of the. Secretary is
Tenth Floor, 302 Bay
on
$351,-
'
-
interest
the form of consent and
proxy at¬
tached to the proposed order and
re¬
par
to
the
lic have been duly filed with the
Board.
It would be appreciated
'
ceived
of
4%%, calculated semi-
final order until" consents from
holders of at • least 51 % y value of
the debentures held :by the pub¬
the
the old bonds
bonds.
new
United
Public Utility ruled that
the 15% tax had to be
Board, dated Jan. 12, 1943, a copycharged,- to
non-resident
bond¬
of whiqh is
enclosed/
* l \
holders.
However, the city pur¬
"The committee feels that it is
sued /the matter further,
in an
in the interest of all concerned
effort
to
have
this
ruling set
that this plan be approved with¬
aside, and after* submitting the
out delay. / Under Manitoba
pro/ matter to the Commissioner of
cedure in municipal debt adjust¬
Income Tax at Ottawa, the Coun¬
ments, the Board does not' make
cil, 011 Dec. 11, 1942, was advised
its
original amount by reducing the
principal indebtedness 55% and
by
giving ' the
districts
longer
time, usually 30 to 35 years, to pay
the
of
the Municipal and
landowners
the
old
one-third
on
proposed Order No. 7/43 of
aver¬
amortize
to
,
No
annually, for the unexpired term those reduced
payments the 15%
tax had .to be
deducted, never¬
theless, they pointed out that the
in the
of 45c for their bonds.
age
sizeable
United States Possession
financing was negotiated during
January. /; f,/, 4./,/.,.'■■/. 4
'44.///■•
4
Below we furnish a comparison of all the various forms of
municipal obligations sold in January during the last five
years:
of such present
debentures.// The
full terms of this plan are set. out
Holders of
an
value
present
excess
used.
$99,764,759 has been disbursed and the
balance, $2,253,238, remains avail¬
old bonds have received
able/in
31, 1942, a.premium will be it was
unfortunate that these
in
cash
representing
the
duced interest payments had
paid
not
was
other
were
.
from 667 such projects in the total
amount of $148,727,548, of which
$46,709,549
non-residents
present debentures unmatured
,/''v/.":/
been
deduction of 15%
debentures
of 1952 which
of
in
for the purpose of reducing
refinancing their outstanding
indebtedness.
Only projects that
in
recom¬
the
Treasury, for the redemption of $100,000,000
called for payment on March
15, 1943.
The
agency of the Bank of Montreal, 64 Wall
Street, New York City,
has been authorized by the Dominion to
purchase the called bonds
at prices to yield % of 1% from date of
delivery to March 15.—V,
157, p. 308,
•,
;
In addition to the Dominion operation, there were a number
1, 1943, will be issued cision had been reached that this
exchange for those debentures tax* deduction would not
apply
now
outstanding, such new deben¬ to -provincial,
municipal, and cor¬
tures to be subject to provisions
poration" bond interest payable
of call; and, that,,in
respectof in United States dollars.
compa¬
and
been refinanced.
hesitation in
no
dated Jan.
nies
were
result of such negotia¬
a
plan
already in
5s
loans of Canadian
municipal origin negotiated
during January, all of these latter, of course, having been marketed
in
Canada.
The Province of
in' United States
Quebec, for example, disposed of
dollars, and as
such were, not subject to the 15%' $38,000,000 bonds in a refunding operation, although only
$18,000,000
Canadian income tax deduction, were offered to the public,- the remainder having been placed pri¬
vately.
In addition, the Montreal Catholic School
referring'the city officials -to the
Commission,
&dviee received by the Council Quebec, placed an offering of $3,800,000 and the Province of New
Brunswick accounted for $1,250,000.
from " the Canadian
The grand aggregate of Cana¬
Minister of
Finance* at Ottawa on May 15, dian municipal, awards in, January, including, of
course, the $90,1941
4,1.
that,'.following representa¬ 000,000 Government issue, was $135,291,000.
30-yea'r 'AVi% ' term
Finance
war
funds
only
were
of
will, be settled by a cash payment
of 75% of such arrears; that-new
drainage, levee and irrigation dis¬
tricts and to
made
funds, and
arrears
loans yto
make
to
being
were
in Canadian
"Briefly, the plan provides that tions
made'by this Council and
of interest to Dec. 31,1942,
others against the proposed tax
.
Congress au¬
Reconstruction
Corporation
:
a
mittee has
will continue to be under the di¬
rection of Mr.
the;, city,
bringing
mending its acceptance by deben¬
ture holders. 1 ' •
y.L/Y/L•'// ,/ /::•/'. >
and
1943,
1,
and
has been approved
by the/city and the Municipal arid
Public Utility Board and-the com¬
Irri¬
gation Section of the RFC, of
Which Mr. Strong is chief, will be
moved from Washington to Kan¬
City
As
tions
Jones that the Drainage and
sas
Municipal
with the claims of debenture hold¬
Mr.
also stated by
was
and
Prairie out
Com¬
merce, that Albert L; Strong had
been appointed manager of the
Kansas City Loan Agency of the
Jones,
the
Portage
la
"The Council called the city's
default/ on a basis attention'-" to
its
understanding
which will be within. its
paying that certain of the external bonds
ability and will still deal equitably were
payable in the United States
by
recently
and
& FINANCIAL CHRONICLE
sub¬
view/ to ject to income tax deductions es¬
developing a plan, for the refund¬ tablished by the Canadian Gov¬
ing of the debenture debt of-the ernment.
nessee.
Loan
THE COMMERCIAL
1960
3 years,
16,000
H8.000.000
,
r20,000,000
during January. $135,291,000
month's
total
financing,
a
Placed
in
United
I' itiftiiKiifc
-Wi-HOM
Jnrt
FINANCIAL CHRONICLE
THE COMMERCIAL &
776
-Net
l!—.
I
profit
//
$2.32
$5,26
$9.65
-After all charges, depreciation, interest and Federal income and
excess profits taxes.
fOn 328,108 shares of capital stock (par $25).
Notes—(1) For the quarter ended Dec. 31/ 1942, estimated normal
and surtax
amounted to* $241,692,5 and excess profits-taxes totaled
$454 155
■;■
•.'•■./
■/'/ '■■■.'' ■■
Provision for normal Federal tax and surtax for calendar year 1942
totaled $881,848, and for excess profits tax, $3,640,839.
—
/Earnings
share___.
per
/'.
v
Mr.
declared,
until
Anticipated post-war refund of 10% of 1942 excess profits tax
per share, has not been included in
aside as a reserve for contingencies,
157,
517. :■'v
P.
RR.—Purchasing Bonds— '
//;•■■//. 1943
'./• January—
Net
railway—
railwayi_v,i.4-.:
from
Gross
from
Net ry.
'< V
RR.—Earnings—'^
Alton
oper.
income^-:
-
1942
». >
.:/• "Deficit.-4—V; 157, p. 517.
■//■;//'/,'•'
,
£
directors
'
now
been
been
dividends
of
declaration
have
to
had'by the
in
40%'
of $650,000
amount
the
of
in
used
be
this
amount,
or
Federal
1943.
income
•:///■//V-r'>./.-:/'X /;///''■'""-.i'
American Home Products
Corp.—Special Offering—A
special offering by Lehman Bros., of 4,445 "shares of
capital stock (par $1) at 56V4 per share, with a dealers
1
affirmance
decision
commission
of %, was completed Feb. 23 on the New
Exchange—V. 157, p. 340, 517.
V ' .:
Stock
York
in
earned
meeting held Feb.
at their
resolutions adopted
by
made
had
■court
4,
amount determined
the
in
fiscal
the
above
:years
American Power & Light Co.- -To Buy Bonds in
1943,
by
the
/ Market— ///
and
mentioned
This clears the
the dividend of $l>a
10/1941—and checks
for such dividend will go to those entitled thereto immediately fol¬
lowing the payment of the dividend on the preferred shares as author/ ized by the Feb. 4, 1943, resolutions of the bpard of directors.
"There remains this further matter to be disposed of, viz.:
/
"The complainant- has made application to the court for an allow¬
The
remaining undistributed to the preferred stockholders.
for
■way.
■': •
share
.
359,010 /
•
has
will
,;/V JLoss.—V. 157, p. 214./; ///-/:
"The court in its final decree did not direct the declaration of any
dividend
at; this
time on the preferred shares.
Nevertheless the
$1,448,774
.'
which
debt
of
1942,
in
credit
.
; /
■
was
the. Court of Errors and Appeals of New Jersey of the
by the court of first instance, the Vice-Chancellor.
by
retirement
company
•
made
1940 .
$1,282,960
*173,654
67,340..
*97,189
1941
•
$3,000,455 >' $2,053,4071 * 1,292,953
664;083
:
576,500
353,111
,
com¬
so
determination,
judicial
York has > been authorized to con¬
tinue the purchase of Alabama Great Southern RR. Co. first consoli¬
dated mortgage series A 5 % bonds due Dec. 1, 1943, at 104-/2 h flat
and series B 4% bonds due Dec. 1, 1943, at 103(4% flat to and incl.
March 1
1943.
Bonds must be surrendered at. the Guaranty Trust Co.
of New York,' 140
Broadway, New York, N,. Y., with; coupons due
June" 1, 1943, and Dec. 1. 1943, attached.—V. 157, p. 517/,/
/;">.'■■
Trust Co. of New
Guaranty
The
the
company's stopk, preferred as well as common—and, as a concomitant,
the obligations of .the company to the holders of both classes of its
stock.
Hence, acting upon the advice of. counsel, the company decided
.that the entire matter should be submitted to the court for; final
''■'";.yC' v:
•■'/-'
;•
Great Southern
Alabama
;
/;/../.'V
the contention of
was
much of the .earnings of the years mentioned as was
properly applicable to their holdings,/
;
"The question involved was largely one of accountancy, but presented
also for, solution the relative-dividend rights of both classes of the
/
amounting to $364,084, or $1.11
1942 net income, but will be set
v.
by a sub¬
$260,000 of the
and excess
profits taxes were reduced in December, 1942, by approximately $200,000 to adjust the accruals to the estimated liability for the full year
1942.
Federal income
and, excess profits taxes for the month of
December, 194i, includes approximately $454,000 for underaccruals in
,1942 prior to the enactment .of .the Revenue Act of 1941. -.As a resultof refinancing by .a subsidiary in
1940, and of the payment during
1941 of bonds called for redemption in
1940, the taxable income in
1941
was
reduced by extraordinary deductions, with consequent de¬
creases
in Federal
taxes
of $723,981.74
(including
$152,087.62 of
excess
profits taxes.)
: ' / •
" /■
above stated, on July .10,.1941, could not legally be paid
first paid to the preferred shareholders, by way of
as
there
dividends,
the
to
sidiary
post-war
Sept. 24, 1941. ..
?
adds as follows:
"It
Hardy
MISCELLANEOUS
-
Due
restrained from paying the dividend of $1 per share upon
declared July 10, 1941, payable Oct." 1,
1941, to
record
plainant that in each of the company's fiscal years ending, respectively,
April 30, 1936, and April 30, 1938, there were earnings applicable to
the payment of dividends upon the-preferred
stock which had < not:
been so distributed—and that hence the dividend on the common stock
,
(2)
INSURANCE
-
stock
common
holders of
$3,160,346
$1,727,309
$762,836
$489,656
$1.49
its
1942—12 Mos.—-1941
V 1942—3 Mos.—1941
INDUSTRIAL
-
company was
Subs.)—Earnings—.
(&
Steel Co.
Acme
Period End. Dec. 31
PUBLIC UTILITY
-
Monday, March 1, 1943
and Investment News
General Corporation
RAILROAD
niflU wfibir.;lwrfl ^WiuW'llvlA'^Uti'ilHI fl » W^JW*Wfc IVWik!4fliAKVrwJi i4w\nmw*vM'*.rm«
^HN^H^JIS «iv^rt
enjoined,
payment, .heretofore
the
the common stock declared
upon
of
on July
.
-
,
'
company
Open
{
,■•//;/.. /
Feb. 23 received authority from the Securities and
on
Exchange Commission to spend not in excess of $10,000,000 to acquire
by open market purchases part of its outstanding gold debenture
bonds, 6% series', due 2016, and its assumed Southwestern Power &
Light Co. 6% gold debenture bonds, series A, due 2028.
■
/
The Commission ruled that all purchases be made at prices of hot
less than 95%
of face amount (exclusive of accrued interest). The
company's proposal was to pay prices not in excess of face value of
.
:>
/
.
.
.
■
■
/ the debentures.
'/" /./."
1. /> „// : //•',/;"/''
/ At the hearing, H. L. Aller, President, testified that the pending
preferred stock—an aggregate of
proposal was the first step in a program under which company would
/ $301,028—to be paid by the preferred shareholders, rateably out of
attempt to retire all of its debentures through the employment of cash
A dividend of 20 cents per share has been declared on the common
the'dividend payable upon their shares.
■''// : •;./' /'//:///
on hand and cash expected to be realized from the sale or liquidation
"To avoid the delay that would ensue if the final 'clean up' of the
stock, payable April 1 to holders of record March 17.
Payments
.*
:
entire matter were deferred until the hearing upon,' and the decision / of certain of its investments.
during 1942 were as follows; April 1, July 1 and Sept. 30, 15 cents
He further testified, according to the Commission's opinion; that he
each; and Dec. 22, 40 cents.—V. 156, p. 2003.
'
> '
by the court with respect to, this application of complainant for an
was
"carrying on certain negotiations which, if consummated, should
allowance for counsel fee—a delay which would postpone, probably for
yield to the company, together with cash which it has on hand, an
some
considerable
time, not only., the payment by the*, company of
Amalgamated Leather Cos., Inc.—50-Cent Pref. Div.—
amount which is substantially in excess of the principal amount of the
/ dividend
upon
its preferred shares but also necessarily (under the
debentures outstanding."
' The directors have declared a dividend of 50 cents per share on
,.,;)!/■>/1////////
'■/r"// /'•Ti/v-'-'i
wording. of the company's charter as interpreted by the courts of
/. These negotiations, he stated, involve Nebraska Power Co., Pacific
account of accumulations on the 6% convertible preferred stock, par
New Jersey) the payment of the dividend declared July 10., 1941, upon
Power
&
Light Co., New Mexico Electric Service Co. and the oil
$50, payable March 10 to holders of record March 3:
A similar dis-'
the common shares—there has been made the arrangement set forth
tribution was made on April 1, last year; none since.
Payments of / in the final decree, which, briefly, ,is .this: *,; That a -sum equal to that •; /.properties of Glacier Production Co., a subsidiary of Montana Power
: Co.
75 cents each were made on Oct. 1 and Dec. 29,
1941, which were
Commenting on this testimony, the Commission points.out that
asked by complainant, as an allowance for counsel fee ($301,028) be
the first since Jan. 1, 1938.—V. 156, p. 1012.
.."
/./; /
withheld, proportionately, from dividend distribution to be made to,. /the record indicates that none of such sales is imminent.
The Commission denied company's application to acquire debentures
/ the holders*of our preferred shares, and separately deposited with
by tender if at the end of .approximately six months there remains
Hudson Trust Co. of Union City,
N. J.t there to remain until final
American Business Credit Corp.—Earnings—
..
i-1 iiV
determination upon complainant's
/'/// ,,;
said application for counsel fee. ^unexpended as much as $200,000 of the ten million dollars.
1942 CX;-.
1941 •/
As
of Sept.
i' 6 Mos. End. Dec. 3130, 1942, American had outstanding $41,153,000 6%.
This amount of
$301,028 will accordingly be withheld, at the rate
$290,307
$308,116
Net income
"series debentures and $3,780,000 of assumed Southwestern/debentures,
of $1.04
per ;share,
from the dividend distribution to the preferred
$0.24
/ ■ $0.25
Earnings per share
.*.:/ ■ ///^ ; *■■ .^ ■
/- shareholders authorized by the resolutions, above referred to, of the j-yt 157, p, 125..:,
/' ,/•<■■■;
'/■ ■•■/ :
.
.
.
of
ance
with
[ .Aluminum Goods Mfg. Co.—20-Cent Dividend—
The counsel fee so asked is at. the rate of $1.04
counsel fee,
a
respect
each
to
of
share
...
our
.
,4
.
.
,
.
******
...
,.
.
.
,
.
'
'.n>
.
■
.
______
.
,
—V... 156, p.
'
7
1686.
board
,
Co.—Machine
Can
American
80%
Shops
on
War
*
the close of 1942 devoting more than
80% ofI their entire production capacity to war work and its container
factories turning out many types of war supplies and equipment, this
company in its annual report on Feb. 19 outlined to stockholders its
three major channels of participation in the war program of agricul¬
ture and industry.
?
.'••'•■ ',/v:
;
M. J. Sullivan, President, told stockholders that, first, the company
was able to furnish promptly
extensive requirements, of containers for
machine
its
at
shops
at
directors
shall
court
their
make
meeting
an
held Feb. 4, 1943.
To the extent
for counsel fees to the com-
American
allowance
his said application, that amount
;7 will be paid out of such deposited money—and whatever, if any,
balance there may be after such payment will be rateably, distributed
to the preferred shareholders entitled thereto."// /*'■//\7 ././//''7
Mr. Hardy said the court had fixed Monday, March 3 5, at 10 a. m.,
/ as the time when the court would hear preferred stockholders on the
Work—With
of
the
that
>
plainant
prayed for
as
question
of
by
allowance
an
him
to
the
/ change
/.
A
s
/
A
'
dividend
1942 were
and
Dec.
as
16, 37%
Sumatra
of
cents
25
share
152, p.
1904.
Co.—25-Cent Dividend—
Tobacco
per
20.
PayJune 30 and Sept. 30,
March 31,
cents.—V.
has
been
declared on the
capital
par
Operating
revenues,—
.
Uncollectible
Operating
Co.—Earnings—
1942—12 Mos.—1941
1942—Month—1941
Period End. Dec. 31—
$■*' <1.\s*r3v>.
J"
15 to holders of record March 3. v Distributions
follows: March 16, $2; June 15, $1.50; and Sept,
$1.25 each.—V.
15,
and Dec.
American Telephone & Telegraph
/
*
during
follows:
as
were
value, payable March 15 to holders of record March J.
during 1942 Were as follows:
March 16, 25 cents; June 15,
25 cents regular and 50 cents extra; Sept. 15, 25 cents, and Dec. 15,
75 cents.—V. 156; p. 1947.
•
15
cents each;
;////'. ///:/'■'•./•//.■// /stock, no
Payments
Common Dividend Paid Feb. 26, 1943— /'//'/''i?'■/'/';/
,
stock, payable March
1942
American
complainant for counsel fees to be
The hearing will be at One Ex-
cents per share has been declared on the common
payable March 31 to holders of record March
$2,
par
ments-during
12%
packaged foods for the armed forces and our allies as well as to
/■
It was announced on Feb. 24 that the dividend of $1 per share
provide special-purpose containers . for military : needs arising imme¬
heretofore declared" on the common stock would be mailed on Feb.
diately alter the start of the war.
26, 1943, to stockholders of record Sept,'24, 1941 (see also above).—
Second, the engineering and manufacturing skills of the organiza¬
V. 157, p. 598.
'
■/::
• •
• '
'
tion, he said, were applied rapidly and effectively to the production
of many items .of. armament.,
• - r;v>>//:/'
T',; i;//': -;v'>
American Cigarette & Clgar Co.—$1.25 Dividend-— '
Third, and most important in its effect on both the military and.
civilian fronts, he continued,, was the company's contribution to the
-v.--. A
dividend of $1.25 per share has been declared on the common
development and application of substitute materials and coatings and
new
techniques of manufacture to assure a continuing supply of
essential containers both for civilian and military use in the face of
Stamping Co.—12 %-Cent Dividend—
dividend of 12V2
stock,
the money so deposited.
Place, Jersey City./:/•/,./'
paid from
.
in
oper. vrev.,
expenses—,
•'$■•* iW *:*■,
20,031,708 /14,303,080 200,360,189 147,858,280
"
98,000
81,923
919,000
804,396
10,803,015
8,389,775 100,485,432 90,338,786
'//;.■:/.■ //■
156, p. 659.
Net oper. revs56,715,098.
5,831,382
98,955,757
9,130,693
metals. 7': 'v" •v
/ v •''/
2,562,099
5,930,573
67,817,867
26,843,934
Operating taxes
when steel for civilian pur¬
American Export Lines, Inc.—50-Cent Dividend—
•
;
poses was materially curtailed in the latter half of
1942, net salesj
Net oper/ income.
3,200,120
3,269,283* 31,137,890
29,871,164
The directors on Feb. 17 declared a dividend of 50 cents per share,
for the year amounted to $216,318,969,
the report said.
This was
Net
income ^,—
34,419,413
40,883,775 163,033,894 186,974,735.
the peak sales volume of the company's history, except for 1941, when
on the common stock, payable March 13 to holders of record March 1.
sales mounted to $263,890,628.
—V.-157, p. 686.
The report noted that sales in the
Like amounts, were disbursed on March
12/ June 15, Sept. 15 and
first half of 1942, when metal restrictions were not in full effect,
/ Dec. 11,- last year.—V. 157, p. 517. //////'■ •/. ; //>///// -'/W:-;,'/',"
.showed an increase over the previous year.
He pointed out that the *
v American Water Works & Electric Co.—Output—
1942 sales figures in the statement did not include shipments by the
American Gas & Electric Co.
Subs.)—Earnings—. //'Output of electric energy of the electric properties of this company ^
whollyrowned operating subsidiaries, The Amertorp Corp. and Ammuni-,
for the week ended Feb. 20, 1943, totaled 80,358,000 kwh., an increase;
tion
Container Corp.,
which manufacture torpedoes and containers ^//.Period End.,Dec. 31^> *1942—Month—1941
,
•1942—12 Mos,—-1941 /
of 11.17%
over the output of
72,278,600 kwh. for the corresponding
under Government contracts on a cost-plus-a-fixed-fee basis/*:
*"'" •/*
Subsidiaries consolidated—
$
V
/$■*»
$
n •
Consolidated
income
for
1942,
before provision
for Federal and
■/•••./ */ ■-'•••: v-'•"•.■!" / ''
,
Operating revenue—
9,162,025
8,868,379 104,631,118
97,711,895 /•week of 1942/'"
Canadian, taxes on income, was $25,842,422, compared with $39,077,361.
'■•.Comparative - table of -weekly output of .-electric energy-for the-last
Operation
■
2,967,113 ; 3,087,468 / 34,888,923
34,757,191
the previous year.
After provision for taxes, for preferred dividends /.Maintenance
,. - 642,448.
r.
451,869
5,889,450 /5,081,583 //five .years follows:-'•■'/■'■'V,:/^-//1/'',
and a special appropriation of. $500,000 for post-war contingencies,
Depreciation ;
1,143,834
1,085,908
13,359,350
12,774,484
Week End.—/: /1943- '
T942.
1941
> , 1940 <
1939 -./
the remaining
"Amort.':, of elec." plant'/'///.
income for 1942 was equivalent to $4.03 a common
•; v'''/"'•"/'/
///
Jan.
3079,221,000
72,646,000. 61,875,000
52,404,000
46,094,000
share, compared with $6.45 a share the previous year. : The report ; / v. acquisition adjustment
8,3337 4/ / 8,333
100,000
' 25,000
Feb."
6_™
80,090,000
72,173,000
61,466,000
52,899,000
45,923,000'
said the volume .of the company's war work is substantial, but not
tFederal income taxes_
784,873 7 : 486,645
7,701,399
7,007,530
Feb.
13__/^
80,432,000
71,998,000
61,144,000, 51,071,000- 45,846,000'
tExcess profits taxes-,relatively important as a source of income.
' '//""
: '■"•' *'
>
586,498
861,998
9,594,024
2,548,000 /Feb.
20__—/ 80,358,000
72,279,000
61,225,000
51,144,000
45,493,000
Other taxes J_
■/' Discussing the outlook, Mr. Sullivan said, "it may be stated that
678,631
779,726 / 9,667,965
9,612,491
the company's plants will be capable of immediate return to production
January Production Increased 7,15% Over Year Ago
./
The power output of the electric subsidiaries of the American Water
in normal lines of business, with practically no delay for rehabilitation
Operating income
"
2,350,296 /
2,106,431
23,430,008
25,905,616
or repair of equipment when the war has been won."
Works & Electric Co. for the month of January totaled 346,385,461
Other income
/ 22,772
34,149
256,334
331,360
The
company
has developed special fibre containers for use in
kwh., as compared with 323,264,042 kwh. for the corresponding month
necessary
restrictions
on.
essential
Despite the many problems encountered
,
.
,
,
.
,
,
,.
-
.
.
.
•
*
.
fields where wartime restrictions have necessitated a temporary
the
change,
income
Gross
under
An
all
possible
succeeding
these is
in need
;
2,140,580
•/ 608,638
7,295,660
19,927
,
42,062
26,236,976 '/ of 1942, an increase of 7.15%.
/'.; ■ :/ ■'
•'/.•/'•v
7,277,177
Plans To Organize New Subsidiary—
',,// /
554,111
Clarence H. Dickey, attorney for the company, on Feb. 18 said the
3,955,035
company planned to organize a new subsidiary to perform services
23,686,342
604,992
387,382
2,373,068
Interest on funded debt
being increased to
Other int. and deducts.
of substitute con¬
tainers.
///;.
Divs. on pfd. stocks—
Direct war production by subsidiaries is progressing favorably,
it
was stated.
Balance
earned
for
During 1942, The Amertorp Corp. completed its construc¬
tion program and production of torpedoes was begun.
Ammunition '/:.'■
common
stocks,,,,
Container Corp. completed its initial order for fibre shell containers
Divs, on com. stocks,,
several months ahead of time and production is now growing forward
and production of
relief for customers
continued,
report
provide
323,692 ;,/
323,692
'•
1
3,884,098
:
*
,1,424,457
1,166,188
2,684,455
917,839
12,119,201
9,627,719
v •
/
own
container
The
to
.
plants.
valuable
furnish
to
the
machine
The
machine
company's
tools
Elec.
than
50
carried
in the
report, are anti-aircraft gun breech
blocks, tank elevating mechanisms, steering devices for corvettes, tor¬
pedo turbine
cutting and testing equipment, torpedo mounts and
various other marine requirements,—V.
157, p. 5.
Advised
on
Divs.
on
Int.
J.
Hardy,
President,
on
Feb.
19
sent
to
the
/
or
the
service
new
investigation
Board
by
water
after
company.
the SEC, which has been requested by the
companies had testified on petitions for rate
'
Other
9,627,719
pfd. Stks.,
54,165
54,165
649,978
12,427,173
693,926
64,103
69,679
816,889
839,641
and
Taxes and exps.
and
Divs.
on
stockholders
(net)__
36,874
45,077
13,622,942
16,029,297
1,013,200
186,854
81,652
907,658
deducts.
90,640
92,928
1,098,358
140,767
1,689,209
10%
$65,166
for
year
1942
980,815
9,927,716
Federal excess profits tax post-war refund,
the
has
Divs. Taxable—
for
the
charges.
.
.
officers
its
counsel,
Dividend No.
of
this
are
company,
of
Date Paid
Rate per Share
135
March
23,
1942
136
June
29,
1942
137
Sept.
21,
1942
.50
Dec.
21,
1942
1.00
12,198,695
amounting to
month of December, 1942, and $1,044,979
deducted from the excess" profits tax
been
Copper Mining Co.—1942
138
1,135,102
was
after consideration of the matter
the opinion that the following distributions
during the year 1942 were paid entirely from earnings and therefore
are
fully taxable:
"The
for
stock
part of their costs,
Dickson, Secretary and Treasurer, in a notice to stockholders
Feb/18 stated:
with
1,689,209
•Preliminary figures.
tThe
a
James
on
1,128,192
140,767
earned
common
6,130
1,296,162
stock,,,,
other
pfd.
10,638
1,553,363
—_,—
—
charges which were
by Judge Robert E. Healy of the SEC for 60 days.—V. 157,
687.
Anaconda
917,839
income
Total
regarding service
continued
p.
*
2,684,455
bonds
on
rises
'/* ■*
stks.
com.
advances
Balance
without
comment," a copy of the final decree of the Court of
Chancery of New Jersey in the suit instituted by Oscar B. Cintas
a
stockholder, of Havana, Cuba, as complainant—as an incident' of
which suit Mr. Cintas asked and obtained an
injunction by which this
subs.
from
Divs.
Int.
American Car & Foundry Co.—Stockholders
of Court Decree—
Co.
consolidated—
and
more
Charles
State
:
shops, he said, not only are
war
production but have been
parts to outside companies in such
a
way
as
to speed
their output and help break the machine tool
bottlenecks that retarded production at the outset of the war.
Other war items the company
is making, taken from a list of
proving
able
■:
Jersey
sidiaries
of
subs,
consol.—
U,259,997
248,349
2,491,482 • 2,023,480
the function of which
is
to
control the
steering ,/;•
American Gas&Elec. Co.— ■/' '/■■'./' '"'■: .:■;■/./:■' "v
/■•/■"■.'.
X-.
■
Net
inc.
of
torpedoes, Mr. Sullivan told stockholders.
He described
subs.,
as
these as "delicate and accurate as the finest watch," and typical of
above
tl,259,997
248,349
2,491,482
2,023,480
the precision work the company's shops have applied to tooling its
Inc.
of
Amer.
Gas
&
gyroscopes,
mechanism of
..■'■*•"/•
profit.
Dickey told the Securities and Exchange Commission and the
Board of Public Utility Commissioners that the parent
company would not levy assessments against
the water works sub¬
outstanding job of the company's machine shops is manufacture
of
subsidiaries without
other
Mr.
New
■
Undistributed net inc.
contracts.
to
*,
14,450,653
12,427,173
$0.50
.50
Total
:
$2.50
"The foregoing is subject to any changes that may result from final
audit of the company's tax returns by the Treasury Departmnet."—.
v.
157,
p.
341.
.
:
THE COMMERCIAL & FINANCIAL CHRONICLE"
Number 4155
Volume 157
Bonds Offered
Illinois* Chicago, 111.
has
Dated
serially May
due
1942;
1,
Nov.
1,
of
request
-
the
agreed
to
'
.
!•'■
REDUCTION
On
.
-PROPOSED MERGER OF FLOftlDA COMPANIES
OF AGECORP
Dec.
further
./V-;
•
*
History—The St. Louis Province of Franciscan Fathers was founded
1858, and this particular Province is now engagged in its
On Dec. 4, 1942," "General Gas & Electric Corp. and Florida Power
Corp,, Florida Public Service Co., Georgia Power & Light Co., Sanford
Gas, Co. and Sante Fe Land Co. filed an. application-declaration with
the SEC
Co.,
Sanford
General
.
Gas &
members
the
of
St.
Louis
Province
of
Jan.
who reside
Franciscan Fathers
>
•
111., and it is this corporation which holds title to
i seVerai properties of
the - Prbvince* located in Ilhhois, namely; St;
Aygpstine's .Friary, - Chicago;
Blessed Virgin Friary, Madison; St.
Roch's. Friary,
Oak Forest;
The Franciscan Novitiate, Teutopolis; :
.St. Joseph'.s Seminary, Teutopolis;. St,
Francis Retreat, .Hinsdale;
;
St. Joseph's College, Hinsdale; and St. John's Friary, Joliet.
in
3V
Cook
County,
conducting schools • and colleges belonging to the
Province or its corporations,. members of. the Order conduct several >
parishes in the City of Cnicago and in otner parts of the State of
*
In
addition
e
,
'
$1
Associated Gas & Electric Co.—Weekly
3
units,
or
V.
13.2',e
,(kwh.)
$2,665,335.
"
•
■
♦!
--
was
Electric
Co.
of
all
approved by the SEC
its
outstanding 4J/2%
Dec. 29, 1942.
gold
bonds
.
Output—
.
.'V v
■ ■
on
42.02,
;
and
$577^300
of
5%
bonds
due
1961
for
-
(b)
and
Electric
Corp.—13th
of
Report
Denis
ACQUISITION
Driscoll
J.
and
Thorp,
Willard L.
trustees,
Feb.
on
15
sub¬
quarterly report on the operation of the business
(including that of subsidiary companies)
to the U.
District Court for the Southern District of New York.
mitted
the
13th
the
debtor
i:-"
of
S.
"
'
m
: Operating
r.
Master Frederick E. Crane on the compromise of the
litigation and related controversies, proposed by the
trustees of both estates. - Settlement of this litigation is essential to
V any
Aw1-
early consummation of a reorganization plan;
During the past quarter marked progress was made
the acquisition by NY PA NJ. Utilities Co.
and Associated Electric Co. of certain of their own securities.
In
addition, the principal amount owing on the Agecorp trustees-' cer¬
tificate of indebtedness iyas reduced from $5,000,000 to $2,665;335.
System
v
DEALINGS
IN
PROPERTY
Utilities
subsidiary in
sold on
Co., a
which
of
were
v
.
Earnings,
-
-
,
*
.y'-'
Years
Ended Dec.
'
■
,
■
.
•
revenues-_-.__>^.__>_^
$
.
132,739,961
57,479,931
expenses—Operation
Maintenance
104,870,554
for
retirement
Prov.
for
taxes
124,688,04D
8,732,685:
_i.
-_,i
Prov.
•
jKr-1941'
1942
$
■
14,218,824 " 13,209,854 '
8,539,409
6,60?,632
operating
Operating
V
■
■'
^
31
109,981,729
Gas
(deprec.) of fixed capital,
(inch adjusts, for prior years):
Fed. income and declared value excess profits
Federal excess profits_^,,,u._^__-i._^^,,^,
OF
NY
UTILITIES
PA NJ
CO. BONDS
f
};v';.:."' Operating
Other
13,081,292
52,862,543
8,430,568
12,010,56®
8,118,236
7,455,566
'
943,194
57,000
.
.
31,523,155
income
13,324,562
30,547,232
income
5%
company)
debentures,
addition,
the
from
proceeds
series A of 1953 at a cost of
(a predecessor company) 67*
the
of
Gross
-
Income
854,691
sale
of: bonds
of
Scranton
.
v
.
:
,
i
OF
METROPOLITAN
EDISON
CO.
<=
Balance
0Before
cate
V.
of
of
9,270,503
of
indebtedness.
deductions
826,011
8,660,673
certif
8,440,142
3,750
interest on indebtedness other than certifi¬
trustees of Associated Gas & Electric Corp.—
for
indebtedness of
157, p.
126.,
■'■.'[■-.''A J'
Mutuai
Atlantic
Insurance
'■ '- ' "
Co.—-1942 Report—
The company,
according to William D. Winter, President, in report¬
ing to poiicyholders on the results for 1942—the year of the 100th
anniversary—had the largest premium income in its history, over
$25,000,000. ■ A large part of. this figure is made' up of war risk
premiums
but
even
if
war
premiums/ which do not form
a
true-has is
for/
comparison, were omitted, the remaining volume of- premiums on
the basic.lines of its business is the
largest volume written in any year
since its incorporation in 1842.
In all lines excluding war the com¬
pany's
operations
is
a
war
In
volume.
•
Metropolitan Edison Co., a subsidiary in the NY PA NJ Utilities Co.
subholding group, has called for redemption at 107J/2 on March 1, 1943,
$2,500,000 of its first mortgage Aik% bonds, series D, due March 1,
1968.
This redemption of indebtedness will require
$2,687,500 plus
-accrued interest, and will utilize the proceeds of $1,589,382 from the
: sale of $3,602,000 of Associated Electric Co; -AVz Vo
gold" bonds due 1956
to Associated Electric Co., together with $1,098,117 from cash on hand.
23,445,814
830,774
111,671
income
the
■
ii
2,169,084.
32,716,316
9,603,119 :
■
Interest on trustees'
course
BONDS
deductions—subsidiary companies,
Expenses and taxes (other than Federal)
-
ACQUISITION
32,377,846
22,774,727
Income deducts.—Assoc. Gas & Electric
Corp.:
Co.
$137,500 principal amount of NY PA- NJ Utilities Co.
5% debentures due 1956 were acquired by tender at a cost
of $136,168, and retired.
Metropolitan Edison Co., a subsidiary of
NY PA NJ Utilities Co., tendered $100,000 of its, holdings of -these
debentures at 99'/2 and accrued interest, of which $70,000 was accepted
and is included in the $137,500 of debentures referred to above.
On Dec. 12, 1942, NY PA NJ Utilities Co., pursuant to the approval
of the SEC and the court, purchased for retirement from Associated
Utilities Corp.
at par and accrued interest $1,000,000 of Mohawk
Valley Co. 6% consolidated refunding bonds due 1981.
Under the amended plan of reorganization dated Dec. 7, 1936, of
Municipal Service Co., in connection with which NY PA NJ Utilities
Co.
assumed
various
obligations,
former
holders ' of
securities
of
Municipal Service Co. were permitted up to Dec. 31, 1942, to present
and surrender their securities for payment in the case of stocks and
for exchange in the case of bonds.
At the. expiration of this period
claims for $12,000 of NY PA NJ' Utilities Co. secured 5% debentures
due 1956 and additional obligations of $18,939 were not presented and
therefore terminated as obligations.
-
,
income
Balance
■
secured
securities through
,
Power
-
revenues—
Total
Transit
-
spects.
-
In
in other re-
During this period sales were consummated of Ohio electric
companies that had been purchased by the Agecorp trustees in connec; tion with the sale of Northeastern Water & Electric Corp.,^ Further
advances were made in the elimination of cross-holdings of Associated
•
River
group, the assets
on Jan. 6,. 1943.
•
Miscellaneous
•
$35,821, and $800 of Mohawk Valley Co.
debentures due 2031 at a cost of $664..
been
recap
Co.—Ohio
Co.
Electric
;;
During the three months ended Jan. 31, 1943, NY PA NJ Utilities
purchased for retirement $60,000 of its secured 5 ch debentures due
at a cost of $59,290; $36,500 of Rochester.Central Power Corp. (a
predecessor
:
major steps which must precede
Special
so-called
Power
Electric
Consolidated
1956
plan can finally be consummated.
The trustees are proceeding as
rapidly as possible to deal with these various situations so that the
ultimate consummation of a plan, if approved, would not be delayed.
:
: :
The court has set March 29, 1943, for the beginning of hearings :
before
'
River
1941, was dissolved
Co.
the submission of a reor¬
taken during the period Nov. 1, 1942, to
///'v;v.":/ - V"-:/V, v/v;
.
One of these steps was the giving by the trustee of Ageco and the
trustees of Agecorp of a notice to the creditors and stockholders of
Ageco and Agecorp that they may submit to the trustees suggestions
for the formulation of a plan, or proposals in the form of a reor¬
ganization plan or plans.
Suggestions with reference to a plan are
to be submitted by March 15, 1943.
'
There are a number of problems that must be solved before any
Certain
ganization plan have
"3 Jan. 31. 1943.;.-'
with'
connection
12,861,468
Trustees-
:
16,
consummated.
■
.
in
(c) E. M. Gilbert Engineering
Corp,—The merger of, ,E. M. .Gilbert
Engineering Corp. into its parent, Associated Utilities Corp., was
authorized by the SEC on Feb. 10, 1943.
Such merger will be promptly
45.69.
1956, referred to above.
Ohio
Associated
Deo.
.
Gas
corporate entitles eliminated
-
average
an
the
1
*
Co.;
merged into its parent, General Gas Si Electric Corp., on Dec. 29,
This company was a wholly-owned
subsidiary of General Gas &
Electric Corp., and its assets consisted principally of blocks of preiferred and preference stock of Associated Gas & Electric Co..
.
$263,808,
addition to
1
SIMPLIFICATION
was
Company also received from NY PA NJ Utilities Co.
$3,015,000 of its 4!/2 % bonds due 1956 in exchange for $1,356,700 of
Mohawk Valley Co. 6%
bonds due 1981.
The balance- of the com¬
pany's reacquisitions consisted of the $3,602,000 of 4 Va% bonds due
price of
.
)
«1942.
These reacquisitions included purchases in the open market,
of $818,300 of 4V2% bonds due 1953, for $343,837, an average pripe of ;
.
.■
*t
,
,
sales reported above, the following were also* eliminated:
(a) Southern Electric Utilities Co.—Southern Electric
$363,453.
157, p. 687.
Associated
In
..
due
;
During 1942 reacquisitions of Associated Electric Co.'s bonds totaled
$8,012,600, with annual interest savings to Associated Electric Co. of
This is an increase of 15,799,946
above production of 119,536,607 units a year ago.—
was 135,336,553 units
was
!
par from its parent, Associated Electric Co., for cancellation
retirement, 582,000 shares of Tri-City UUlities Co .common stock,
CORPORATE
On Dec. 31, 1942, Associated Electric Co. purchased at. 43 and accrued
interest $3,602,000 of its own 4l/2% gold bonds due 1956 from Metropolitan Edison Co., a subsidiary in the. NY PA NJ Utilities Co. subholding group,
AnnuaT interest requirements thus eliminated amount
to $162,090;
This transaction, which completes the rcacquisition by
1956,
The trustees of Associated Gas & Electric Corp. report for the week
ended Feb. 19 net electric output of the Associated- Gas & Electric
group
.
indebtedness
CO,!
CAPITAL—TRI-CITY UTILITIES
per share.
On Jan.
28,
stock
trustees'
t\'y:
principal on the
"
1943, Tri-City Utilities Co. utilized proceeds derived
from the sale of the electric distribution
system known as the Ohio
Hiver Division, to repurchase at par from Associated Electric Co., for
cancellation and retirement, 198,000 additional shares of such common
ACQUISITION OF ASSOCIATED ELECTRIC CO. BONDS
;
Associated
Illinois.", ^I
^
amount of unpaid
inclusive, and on Jan, 19,
chase at
and
•
the
1943; the
15,
Florida
into
Nov.* 23, 1942, TH-City Utilities Co. utilized proceeds derived
from the sale of the water utilities in Murray and Mayfield to repur¬
1943.
Feb.
certificate of
|v
to
8,
On
>
Co.
On
dated Dec. 23, 19421
religious, educational and charitable pursuits in the Mississippi Valley,
'
"V".; •
On Jan. 8,
extending east as far as Pensacola, Fla., and Cleveland, O., and
1943, a further payment of $1,125,000 was made on
west
to San
account of principal of said certificate. $25,000 of the funds with which
Antonio, Texas, and Columbus, Neb.
The St. Louis
to make such payment came from additional proceeds received by the
Province has had a steady grbwth until it how operates 45 friaries
and has a membership-of 494, of which 293 are priests,. 112 are - ^trustees'fro'm the above sale of securities of; and claims against, Ohio
major, seminarians and 89 are lay brothers.
The seat of the Province - -Northern Public Service Co. and the remaining $1,100,000 came from
is located in St. Louis, Mb. '* ;
,• /
*,
payments hi that" amount to the trustees representing the aggregate
base sales price of the assets of General Utilities Co., Western Reserve
For administrative convenience the Province has established several *
? Power
& Light' Co., and New London Power Co.
Interest on said
corporate entities, one of which is An Association of Franciscan"
'
$1,125,000 "was pdid to Jan. 8, 1943. - Such reduction of the principal
Fathers of: the State Of Illinois, Which is an Illinois corporation aihd^;
amount of said certificate was approved by the court by order dated
the; obligor on the bonds.
Membership of the corporation consists ; Of
*
Land
Fe
Electric
REDUCTION OF
24,
reduced
-
*
Sante
Corp, joined Georgia Power & Light Co. in
filing ,a petition in this matter with the Georgia P. S. Commission.
That Commission took jurisdiction over the
proposals-to the extent
that they .affected Georgia power & Light Co.
The Georgia Commis¬
sion entered Its order of approval on Jan. 6, 1943.
These proposed
transactions do not require the approval of
any Horida commission. "
"
l
and
held before the SEC from Jan. 11 to Jan.
16,
1943, and were continued subject to call.
.
.
CO,
Corp., to the acquisition by Florida Power Corp. of all the com¬
mon stock and
substantially all the preferred stock of Georgia Power &
Light Co., to the reduction of the outstanding debt of the latter Com¬
pany,, and to the accomplishment of other objectives.
Hearings were
-
;
'
Gas
Power
OF
Agecorp for the purchase of the Ohio electric companies.
Interest on
said $209,665 was paid to- Dec. 24, 1942.
Such reduction of the prin¬
cipal amount of said certificate was approved by the court by order
-
in Illinois in
containing proposals looking to the merger of Florida Public
Service
,
CERTIFICATE
TRUSTEES'
1942, the principal amount of-said certificate was
by. the payment of $209,665, representing the balance
of the base price of $485,000 received by the Agecorp trustees in connection with the Ohio Northern sale, after repayment to the trustees
of $275,335 advanced by-them from the general assets Of the estate of
Purpose—Proceeds, together with other funds, will be used to pay
and retire an obligation of the corporation in the principal amount of
-
and fixed
'
..
.
.
City National Bank &
a-
Power Commission.
Co.'and, Lexington Water Power Co.
■ '
' "
,•
■•/'
(e) The Dover Gas Light Co.—The sale by General Gas & Electric
Corp. of its security holdings in its subsidiary, Dover Gas Light Co.,
to Harrison & Co,, Philadelphia, Pa., for" a price of $80,000 was ap¬
proved by. the court by order dated Dec. 11, 1942, and was consum¬
mated Cn'Deo.'15r 1942,
'.
■
,
v
1943, to Nov. 1, 1952.
1 in lawful money of
Security and Appraisal—Total appraised valuation of real
property covered by the lien of the indenture is $2,630,000.
SEC
No
'
Co., Chicago,
$400,000.
Further-hearings with respect-to this program were held before the
on Jan. 12 and Jan. *19,
1943, and were continued subject to call.
hearing has as yet been held in this matter before the Federal
-
a
trustee, or at option of holder, at First-National
INDEBTEDNESS
Bank, West Bend, Wis., paying agent.
Denominations, $1,000, $500
and $100, registerable as to principal:
At option of corporation and
; ;
On Dec. 18, 1942, the trustees of Agecorp paid $1,000,000 in payment of the instalment of principal that became
upon not less than 30 days' notice, series A bonds may be redeemed
dinyon that day on
their certificate of indebtedness dated Dec. 18, 1941, held by Guaranty
on any interest date by payment of principal, accrued interest and a
Trust Co. of New York,-reducing the amount-thereof from $5,000,000,
premium of 'Vk if redeemed on or prior to Nov. 1, 1944} and at a
the amount for which such certificate was issued, to? $4,000,000.
premium of
of 1% if redeemed after Nov. 1, 1944, and on or
The
.* funds utilized in making such payment were received by the trustees
prior to Nov. 1, 1947.
There shall be no premium if. redemption be
from their subsidiary,- Associated Utilities Corp., in payment on account
effected after Nov.' 1, 1947.
In addition, however* the corporation
of principal of its convertible obligation due 1963 owned by the trus¬
may, on each interest date, at its option, which shall not be cumu¬
tees.
Semi-annual interest on said certificate, amounting; to $56,250,
lative, redeem in the reverse order of their stated maturities bonds
was
of series A in an aggregate principal amount not exceeding $10,000
paid from general assets of the- estate of Agecorp.
Such pay¬
without the payment of any premium on principal.
ments were. approved by the court by order dated Dec; 11, 1942.
,,,,.v..
Trust
■
-Co.3—At. the
further, extension to March 31, 1943, of the closing
?date for the sale, to the Authority under an agreement dated April 4,
1942, of its interest in its subsidiaries, South'Carolina Electric & Gas
$400,000 first and refunding mortgage (2-2V4-2^-23/43%) serial bonds, series A, is being offered by B. C.
Ziegler & Co„ West Bend; Wis., at. prices ranging from
100.15 to 101 and interest, according to maturity.
Principal and interest payable May 1 and Nov.
the United States of America, at the office of
Gas
(South Carolina PUblic Service Authority, General Gas & Electric Corp.
An issue of
—
South. Carolina JElectric
(d)
.
of the State of
An Association of Franciscan Fathers
777
were
satisfactory.
The yacht business,- which of
casualty for the duration, showed the only loss in
Inland
Marine branch there was a reduction in the
volume of premium on personal lines due to the
preference for placing
valuables in vaults but this was
largely offset by tne increased activity
in commercial lines.
The Automobile Department
while small and
"
,
•
also affected by .the war, maintained its voiume.
was in fire business, in which the
company's
The greatest increase
premium income-increased
12th Agecorp report
over 40%.
In 1942 the company also reached a new high mark in
described the sale of Northeastern Water & Electric Corp. by the:
the number of brokers and broker
agents placing business 'with the
? Agecorp trustees,, and their purchase for $1,500,000,
as a part of that
company.
; r; - RETIREMENT OF BONDS OF GEORGIA. POWER & LIGHT CO.
transaction, of four electric utility company subsidiaries of North¬
Before 1932 when the company started to write inland marine and
eastern, all located in Ohio. These Ohio electric companies have now f During December,' 1942, Georgia Power & Light Co., a subsidiary in
yacht business and then fire business in 1936, the company was
the General Gas & Electric Corp. subholding "group, purchased in the
a been
sold by the trustees for an aggregate base price of $1,585,000, %
basically a marine company and quite naturally with the" increased
open market at ah average price of approximately 89 Vi and accrued
;j subject to adjustments. A description of these sales follows: ■>;
activity in marine insurance occasioned by the outbreak of war, the
t
(i) The Ohio Northern Public Service Co.—On Nov. -24, 1942,- the ,:i > interest $23,000 of its first mortgage- 5% bonds due 1978 and pur¬
/company took a leading, part in extending facilities in these lines;
chased, at a price of 88 %'and accrued interest $45,000 of such bonds
Agecorp trustees sold to the City of Bowling Green, Ohio, a.i the
making, available war risk, insurance to its policyholders engaged1 "in
-from NY PA NJ Utilities Co.
The sale by NY PA NJ Utilities Co. of
j securities of,: and claims against. The Ohia Northern Public Service
commerce,
before the Government was legally empowered to carte
said bonds was approved by the SEC and the court by orders 'dated
Co. for a base price of $485,000.
V
''■
>■
-v;-',
fully for the war Insurance needs of its citizens.
;
:
■
Dec. 23, 1942, and Dec. 31, 1942, respectively.
',
•: *
v ; /
;
On Dec. 29, 1942,- final settlement of adjustments was made by the
The President stated In his report: "The company's war risk buste
; City
of Bowling Green, Ohio, and the trustees received an additional
/ness : deserves, special mention.
It
appears probable that the war
;
J ' RETIREMENT OF BONDS OF TIDE WATER POWER CO.
payment of $64,257.
The above sale was approved by the* court by
premiums for the whole period of the war will prove sufficient to
,During the period covered by-this report Tide Water Power Co., a / meet the losses and
order dated Nov. 13, 1942."
•
expenses of the business and that even a profit
subsidiary in the Gen'erar Gas & Electric Corp., purchased in the open
(ii) General Utilities Co.—On Dec. 29, 1942, General Utilities Co.,
may finally result.
This is because the profits of 1S40 and 1941, and
market at an average price of approximately 99'A and accrued interest
Western Reserve Power & Light Co., and the latter's subsidiary, New
/the rates now in force, which seem adequate for such business as
$1*26,000'of its
first mortgage gold bonds," series A, due 1979.
London Power Co.,' sold all their physical properties and certain, other
has not been taken; over by the
Government, provide-substantial offsets
: assets to the Village of Lodi, Ohio, and
the following eight rural
to the losses in 1942.
In that year Atlantic, and other
companies
.:-Z '. LEXINGTON WATER POWER CO.
,*
electric cooperatives:
Hancock-Wood Electric Cooperative, Inc., Paul¬
insuring marine hazards, met the full impact of submarine warfare
J
On Dec. 29, 1942; General Gfis & Electric Corp. made a capital con°n
the American Coast.
ding-Putnam Electric Cooperative, Inc., North-Central Electric CooperHeavy loss claims were paid, to "riierchants
? tribution to its subsidiary, Lexington Water Power Co.,- of $108,300 of
and shipowners at a time when the United States
dative, Inc., Tricounty Rural Electric Cooperative, Inc.,.Midwest Electric,
Government was
its 5% first mortgage bonds due- 1968 and $125,000 of its &Vafe connot yet legally empowered to care
Inc., Lorain-Medina Rural Electric Cooperative,' Inc.-, Holmes. Rural
fully for the war risk needs of its
;.f vertible sinking fund debentures due 1958.
These were used by Lexing¬
own
..Electric Cooperative* Inc., and Firelands Electric Cooperative, Inc.■, An
citizens.
Rates were materially raised commensurate with the
:
ton Water Power Co; to meet Jari. 1, 1943, sinking fund requirements
increased hazards, and at the same time
aggregate base purchase price of $1,100,000 was received, in accordance
Congress enlarged the powers
on those issues.
The contribution of these bonds and debentures for
of the War Shipping Administration;
With the terms and conditions of the agreement dated Nov. 30, 1942,
Before the end of the year
such purpose was approved by the SEC.cn Dec. 23, 1942.
between the trustees and the purchasers.
In addition to the base
.all of the war hull business,; and
much of the war insurance on
purchase price, $58,359 was received, representing tentative'adjustimport cargoes, -were placed with the Government.
As a result the
,f'V..1'1'".
BANK, LOANS
'?
:
ments, estimated as of the date of closing, for certain current-assets
exposure ox the insurance companies was materially reduced and. so
(a) NY PA NJ. Utilities Co.-^-On Jan. 19, 1943, NY PA NJ Utilities
less certain
current liabilities.
The respective companies were dis¬
the situation remains today."
Co. paid $100,000 on account of its nine months' 2?c promissory note,
solved on Dec. 30, 1942, and the proceeds of sale thus passed to the
Surplus on the basis of actual market values at the end of 1942
reducing the amount of the loan to $1,650,000.
This payment repre¬
trustees.
The net proceeds received must be paid to Guaranty Trust
.was $9,466,385 as compared with^$9,564,543 for the preceding year.
sented the proceeds of the sale of $95,000 of Penn Central Light &
The total assets of the
Co. of New York in reduction of the principal of the Agecorp trustees'
company, according to the report made to the
Power Co. 4Va% -first mortgage bonds due 1977 at a price of 103 and
New York Insurance
certificate of indebtedness.
The above sales were approved by .the
Department, amount to $18,761,265.
Bank and
»
(a)
Sales-
of
Ohio
Electric
Companiesr—The
•
'
v
.
•
*
,
•
.
,
.
'
1
'
'
'
v
'
'
'
:
'
'
court
.
(b)
by order dated Dec. 23, 1942.
Louisiana Public Utilities Co., Inc.—On Dec.
"accrued interest,
30,
1942, the SEC
the sale by' Associated Electric Co., a direct subsidiary of
Agecorp, of all the securities of, and all claims of Associated Electric
Co.
against its subsidiary, Louisiana Public Utilities Co., Inc. , The
securities are to be sold to D, Gordon Rupe, Jr., G. C;. Hyde and R. A.
Ritchie for a base consideration of $3,000,000.
The court approved
this sale by order dated Jan. 15, 1943.
It is expected that the transaction will be consummated in February.
' ; ■ ' •
(c) Ohio River Division of Tri-CityUtilities Co.—On Dec. 11. 1942,
Tri-City Utilities Co., a subsidiary in the Associated Electric Co. subholding group, sold its Ohio River electric distribution system to
Green Rver
Electric Cooperative Corp. and Meade County Electric
approved
*
-
.
.
'Cooperative Corp., each a rural electric cooperative.
Co.
received
chase price
net
Dec.
current
11,
an
aggregate
sum
of
,
Final adjustments are still to be made.
as
security for the loan.
Eastern Shore Public
Shore
Public
Atlantic's
group,
MERGER
AND
OF
SOUTH CAROLINA
LEXINGTON WATER
ELECTRIC
POWER
&
GAS CO.
order
17, 1942, the P. S. "Commission of South Carolina entered its
approving the
proposed merger and
recapitalization program of
South-Carolina Electric & Gas Co. and Lexington Water Power Co.
J i 't-,
:<
i
h
i
k
-
r
t *1
y
company stocks held by the company are indicated in its
as
$2,550,008.
Of this amount $1,357,508 represents the
holdings in the Centennial Insurance Co., a wholly owited
which
commenced
business
Jan.
1,
and marine, insurance company.
All of the
Centennial Insurance Co. are in Government
1942,
as
invested
a
stock
fire
of
the
assets
securities.—V. 157, p. $88.
Baltimore
& Ohio RR.
Again Issues Invitation for
Tenders of 18 Issues—
The company on Feb. 25 issued a second invitation
for tenders on
18 issues of the System's secured
obligations (as listed below). Tenders
be received at the company's offices, at 2 Wall
will
St., Nd# York"
E.W.T., March 20, 1943, and .will-bfr
later than March 29-.
Securities covered by
tender acceptances are to be delivered on or before
April 15, 1943
to
which date fixed interest will be paid.
'
N.
CO.
pur¬
On Dec.
subsidiary
Service
Gas & Electric Corp.
PROPOSED
insurance
statement
.
Service "Co.
(Del.)—On Dec. : 28, 1942,
Co; (Del,), a subsidiary in the General
made a payment of $150,000 on account
of principal of its $1,000,000 3 'h note dated May 20, 1942, which, with
previous credits, reduces the amount of the note to $450,000. ,
(c) General Gas & Electric Corp.—On Dec. 30, 1942, General Gas &
Electric Corp. made a payment of $75,000 on account of principal of
its $375,000 2note dated Nov. 16," 1942, reducing the amount of
the note to $300,000.
'
(b)
Eastern
Tri-City Utilities
$198,922, representing a base
of $195,000 -plus $3,922 covering estimated adjustments for
assets.
The court approved this sale by order dated
1942.
plus a small amount from cash on hand. Such bonds
represented a portion of the collateral pledged by NY PA NJ Utilities
Co.
Y.,
up
to
3
o'clock
p.m.,
accepted, or rejected not
<
•-
-,j ,J
ti i. «.
;o
1 .••("-n
,
f
i k"'i .i 4.
-
1 "• (
*
'
'• ''
:
The
18
tenders
for which
issues
:
■
1
•
""'•
:
all
■
' Rate' "
the
5s, 1948
4^
(2» First mortgage 4s,
1948—f'*(3) Southwestern Division 5s, 1950—)
(4) Pittsburgh, Lake Erie & West Virginia System 4s, 1951
' 4 >«
V"
(5) Toledo-Cincinnati Division 4s, 1959—w—
Refunding and General Mortgage—
■
:
;
:
; ;
V'o
(61
Series A, 5S, 1995—
Nations.
United
30^
''Over
.of
■
.
.corporation's
the
month is in new products • which . were not
market prior to the war," Mr. Breech added.—-V. 137, p. 599.
$60,000,000
and
•.
,
volume. +-of
war
,
"
•
...
present
.
about '
.-
'
.>
'
Liabilities'—Accounts; payable,
...
4l/3s,
.
1957
Local
1%
(8)
''
Years Ended
1 Va Vo
Series C, 6s, 1995
——
——
Series D, 5 s, 2000^,™-—
;
(9(
Series F, 5s, 1996—
4,—^
(10) Secured 4%
notes, 1944--——--————————
(11) Lincoln Park & Charlotte RR. Co. 1st mtge. 5s; 1949—•
(121 Ohio & Little Kanawha RR. Co. 1st mtge. 5s, 1950—
(13) Buffalo, Rochester & Pittsburgh Ry. Co. consol. mtge.
(7)
,
customers'
1%
-
Total
West Virginia &
■
-v-';,.'y.
———.
Operating rents
Executive and-legal
.1.372,820
expenses—,
charged construction—
4
accruals..———————^---——
,-u—
*
—
.
Other
income
operating
railway
Income
?:
income—-i/—-4------ -4-4 -
Other
Miscellaneous
from
deductions
deductions
Miscellaneous
from
I
V'i
2,187,200
;
2,578,139
$2,637,834
—V.
157,
'
•4,800,000
4,662,500
:
i
•
343,713
$360,716
306,716
:
2,021,000
240,000
$371,999
1943
$798,378
Net
Divs.
'
u
Net
"w,$:.;
Assets—
'
Income
$179,024
———:
1,705
charges.4-—.—L
$178,540
1,319
603
9,688
5,999
$202,023
$132,829
50,163
$1,848,981
605,514
$1,513,057
604,208
$82,666
$1,243,467
$908,849
stks. for the period——_4
429,174
429,174
$814,293
$479,675
—-vi.-—
Lake
52,013
61.305
Contributions
$121,929
Gross from
Net
from
Net
ry.
railway—
railway
Bendix
*232 370
income—
oper.
"Deficit.—V.
157.
1943
$887,791
*213.700
174.206
.
-V.
1941
$934,249
227.691
*174,604
1940
$611,585
42 789
57.719
'
i *
170.820,
"
7
518.
p.
directors
■[
-
substantial
a
than
in
increase
$700,000,000
its
production,
war
annually.
War-time
in
resulted
the
par
was
in
devices
at
demands
a
for
rate
of
equipment
even
on
the
market
in
1938
and
as
U. S.
agent of the United States.
Breech said the credit agreement
.
will
run
Interest
157,
Net
,>-676i383
,
for
i
:
Calendar
■44-
1941
Years
1940
1939
'
$40,456,927 $39,031,752 $36,925,664 $35,443 288
33.636.245
31,459,211
28.463.730
28.172,240
...
for
three years,
income.—
oper.
income
Consolidated
Co.—
Income
sales
"Net
;
:
.;
.
were
Loan Corp.
:i 'P:'i
1942
taxes_^____;c_..4
net
1941
'
taxes^v---
$8,757,302
3,413.074
; 2,929,184
,
,
.outstandings-I's ji&CiL'fi« 2,800,000 v.4 2.314,989
-'
.
$1942
.
the
.stock
common
;
—
share
on
815,934
.
$2.72
1,912,934
$5,466,889
$2.30
•
for
31
Jan.
as
balance
tax
of
sheet
shows
Assets—
Unbilled
Other
/
,1940,1939.
"
1,055,495 >1,1-11,398
1V;'- '/'■
$3.49 )
.$3;63
cash,
.
.
•
.
Other
'
6f p
:
banks
on
and
notes
4*y
>;■' ?
/
(a)
The
shares
a: summary;
exchange* by. the
4,923,515
5,504,400
receivable
(net)
3.777.233
4,166.725
J
sales contracts,.
254.933
assets1
2,725.722
166.013
„
722 340
3.239.132
„......
334.347
132,329
40.174
195,852
franchise
133.322
taxes!
928,954
unadjusted debits
2.072.388
32 678
28.880
203,873.470 196,508,198
on
..
.
..
41,105,947
41,105.947
2%s,
1970-/^: 53.000,000
53.000.000
Accounts
of
0ifdley1T^nc^/of^'tneir >'
Other current
liabilities
i
•; 944.334
1,234,328
3,646.689
130,466
279.653
506.961,
.
stockholders
...
61,716.400-
.
;
•
^
,
61.716.400
capital
-
:#hich'vthe,
.
47.973
2,273,939
for- resale
current
Premlum
;
■
v
196,421
201.443
r
;
payable
2,505,251
Dividend declared
1,234,328
:
Provision for tax liability^il-^l^i^^))- v> s!b46!o73
•. Interest" b'eerued':
'-130,649
Consumers' "deposits-'
' '
379.054
''Employees' savings deposits^.
488.280
^
At the regular annual meeting to be held "Feb: "23,1 the stobkhblders
consider and vote upon a plan/ of rebrganizatfoh'' bff
following: is
894.604
4.941 392
-—.J
-
'/First mortgage bonds, series A,
.
730.720
133.753
profits tax-.
excess
»
8.217.465
and on hand__."
instalment
1941
174,353,462
i
!
"Capital stock ($25 par)
*
post-war
1942
balance )_i._—i
Liabilities—
11•)
$201,443
:
construction
■;Total;-,:
securities
ago.—V. 157, p." 215,
year
assignable to
chargeable to
177,098.806
$3.42
.
profits
excess
.Unamortized charges (net):in connection with :v%';
: :: v.,
3'Va'/<? -bonds'calledp.: 1,915,376
1,047,004 /
the -300y000vshares
Bireley's Inc.—General Foods 'Corp), to
will
less
.
Claims for abatement of corp.
'
nessr—
1941,
Prepaid accounts '
.
;-v"
Government
and
a
$2,014,427
U.-.B;"-Treasury: tax notes
'
,?; 1941
compared with $2,252,299
and
for
Balance Sheet, Dec. 31
,
The
Income
$3,052,149
Materials-. and- supplies
.
of $2,731,821,
$t.n
Federal
and
1942
applicable' thereto.
X--.
Cash- in
were
—$9,954,092 $17,787,990 $16,384,!20: $15,607,3*0
stock
2.671.844
$5,900,139
excess:, prof its
credit
Accounts
Co.—Earnings—
1.789.174
$6,006,125
assets (unamortized
Other'- investments -
w
shares of
$7,379,824
$5,688,106
^Intangible
$5,828,119
314,989
.
for
Post-war refund credit
£| $4,36^.509.
income
1942.
__U,
$4,896,906
':
Unfinished
$7,781,583
108.776
$8,571,984
Operating property and equipment—.!.Sundry, non-operating properties
Sub.)—Earnings
(&
$7,271,047
110,050
1.699.963
balance
representing
12,234,696' 42,170,753
_______—
5,1 After depreciation, reserves and taxes.
40n
common
stock outstanding.:$Preliininafy,
'
$7,795,299
$8,461,934
;
operations, plus $193,792 in 1942 and $87,629 in 1941
net gain front disposal of radio broadcasting facilities and other nonoperatihg revenue.
The total provision, in 1942 includes $1,812,984
.
•
profit
com.
$7,388,069
..
Note—Provisions,; included
taxes
384,013.850 374,342,720
Years End. Jan. 31—
Net
219,758
j Earnings per share—■
'
27,392.
telephone plant—
August.
if Earns.per
$7,575,541
567.387
Deductions
I
.
/
$6,820,682
(net)
Income 4—.
Gross
,
688.
p.
Best &
115.609
79.532
_
bonds..
common-stock bf General ) ,"Unamortized premium on 2%*.
1,469,283
1,521,914
Depreciation reserve
-Z"/'■ V,
;29,401,302
26,204,804
./Other 'reserve's
(b) The transfer of all. the properties, assetsV business arid4goodWlll,
,2.168.846
of the business of Bireley's1 Inc., of: every "-name,':Vnaturer^^kihd^'"ah:d;r v Contributions' for extensions .'J,
130,000'
130.000
Earned, surplus
description, to General Foods Corp.. in exchange for. 30,000 Shared bf '"
8,551.293
5.838,323
the non-assessable voting: common stock of :Generat Foods CorF;;' and
the assumption by .General .Foods .Corp. of all of the i
liabilitie^ of- tbis"
--.£-:----~--'~--" 203.873;470 196,508)198
corporation. ' "
\\
'v1"^
V") -v-5'.
*
Output Up 6.4%—
(el The dissolution of .Bireley's- Ine,.' 1
AV
t:
(d> The distribution in dissolution of fthe 30,000 sharea o,f ^stook. of
Net, system output of this company, as reported to the Edison
General Foods Carp, to the stockholders of.
Bfreley'$ Inc.,voii/ the!, basis., ..vEleetria Institute for1 the week ended Feb: 20/ 1943. was 32.820.000
of one share of the stoek of General Foods Corp.. for-each *6^, shares
kwh., as, compared to 30(839,000 kwh. for week ended
Feb, 21, 1942,A
of stock of Bireley's Ine.
an increase of 6.4• -r
-■
'
• • ■ • .'• j;,'-
vFoods
or
-
until Feb. 28, 1946.
Report—
Account
1942
revenues—.
expenses
Non-oper.
"
■■■£■
,
fiscal
Mr.
Operating
Merchandise
which
in Bendix research laboratories in cooperation with
Army and Navy:
;
The National Bank of Detroit will act a$ agent for thd participating
banks and other financial institutions, it was stated, and the Federal
Reserve Bank of Chicago will serve under' the guarantee agreement
the
Gross oper.
purchased for the treasury.—V, 156, p. 2033.
;
developed
were
of
corporation's
not
Income
v
——_
Note—In
increasing war production
during 1942 to 20 times that of pre-war level.
More than one-third of this increased production^ according to Mr.
Breech,
a
dividend of; $20.26 per share on
the $6 cumulative second preferred stock,
on
,
Earnings per share
,
by Bendix, pioneer in developing and mass producing
devices, instruments and controls for aviation and other
industries,
Pay $20.26 Accrued Divs.—
declared
""
•
Sha rea of common stock
<
.
now
:
,
manufactured
scientific
& Tel.
Federal income and capital stock
by an American industrial company—to finance
of war goods, it was an¬
by E. R. Breech, President.
•
The credit has been made available by
60 banks throughout the
country, Mr. Breech said.:
7The corporation
is making use of borrowing of this nature, he
added, because it expects to have additional facilities available soon
more
have
accumulations
Consolidated
.
large and rapidly growing production
for
fund.
Years End. Dec. 3
obtained
loans
Tel.
Consolidated net income before
Corporation has completed arrangement for a $150,000,000 regula¬
tion "V" loan, or revolving war credit—-said to be one of the largest
bank
American
Beneficial Industrial
Corp.—$i5Q>000,OGO "V" Loan An¬
nounced—60 Banks Will Participate in Revolving Fund
to Finance War Output—
its
127.
p.
Boston Edison Co.—Annual
v
Aviation
nounced Feb. 24
157,
July 20,
105,000,000 105,000,000
8,715,620 .9,820,243
1,600,000
;
Unappropriated surplus
Erie RR.—Earnings—
1943 :
$982,758 :,
-V.
value, payable April 20 to holders of record April 10.
Distribu¬
$1.50 per share and $2 per share were made on April 10 arid
1942, respectively; none since.
Other payments on this issue
have been as follows; July 1, 1940, ,an initial of $1; April 25, 1941,
$1.50; and Nov. 1 and Dec. 20, 1941, $1 each.—V. 156, p. $49.v-i4 4":',:.4
no
refund
&
$1,507,058
tions of
deposits 4 2,491,585 ; 2,064,101
other current liabilities- ,6,282,354 .: &,596,639
Accrued liabilities not due_^44--v4-—
13,414,993- 10,678,160
•••., 79,879
46,485
Deferred credits
Depreciation and amortization reseiwes.-^— 105,090,942. 96,689.950
Total
■/./'')■ •'
$1,839,293
applic. to pfd.
The
Advance billing for service <Ss customers'
$183,234
i—
$126,533
Bessemer
$132,226
.
4,.;V 676,389
trustee of pension
from
Advances
$181.52.9
518.
'January—
$200,706
600,000
(net)—
account of
l4~—~ 130,000j000, 130,000,000
(par $1Q0)
capital
Accounts payable and
charges—
157. p.
on
Funded' debt'
9,317
Dr 478
income
income
Net.
-V.
stock
Notes sold to
available for fixed
fixed
Total
6.078
operating
3,707
revs.-—.;
•
Premium
$172,212
$172,346.
.
(net). ——4
income
3,707
Booth Fisheries Corp.—To
1941
.
'r
'
Liabilities—
Common
(net)
railway
Other
309
"Preliminary figures
.
"4.;Totai:—,—^—,.,,;...-^—4^,44^—4^X^—„5'384,013,850. 374,342,720
98,609
157,259
—
income
operating
Railway
309
388,877
$270,821
"
"Rent-.Income
.44-.
Balance
,
468,773
$329,605
railway operations
from
revenue
600,000
income ti-ansferred to surplus,———
..
$659,698
:
Railway tax accruals.— --——-
50,000
.
—
1942^
4 4/4
Railway operating revenues
expenses
754,303
50; 000
—
Bangor & Aroostook RR. Co.—
Railway operating
5,503,037
487,336
income—i—
Gross
—
Month of January—
7—
.
charges
—
599.
p.
67,004
$8,855,441
limited-term
■4."'"Net:.oper.
'$'4'
363,865,425 356,260,835
Telephone .pldnt-v:.-.^'-^—
4 ; ; '1,169,739
Miscellaneous physical property—;
1,406,930
Other investments :
^ ; .366,405
: 348,192
2,380,865 4 1,619,989
Cash
L4'4l? •' $49,940"
51,099
Special deposits
238,333' I-"*' 221.813
Worlting funds
i—.
Notes receivable —_4.
1,850
1,850
Accounts receivable
9,724,650 4-. 8,295,091
4 3,469,586 \ 3,452,234
Material and supplies.
..4—4i.. 4 4 *92,438
1,056,826
Prepayments
i--—i-,
! 1,184,288:
Unamortized debt discount and expense
1,290:337
4- 118,678 4; 133,317
Capital stock expense.^—
•:
Other deferred debits.
251,652 4;'.'V 204,207
4
\
;.
Act
income- 'taxes—————-——-—,
.17,500
*1942—12 MOS.—1941
$807,978 $10,193,922
515,932
6,304,189
47,199
663,938
62,312
782,795
—
incomes—
Comparative Balance Sheet, Dec. 31
$470,543
"Railway tax accruals include; x44' 44.4:4■;
Excise tax, acct. RR. Retirement Act
Tax, acct. Railroad Unemployment Insur.
of
"
574,645
reserve
investments
■
$910,164
j——
Property retire,
appropriation
-
$15;110,655 $16,066,726
161,753
226,548
4^7 - 7 ' 918,479
"> 920,919
*1942—Month—1941
.--—4——-4—4444'%' 49/7,954'T 796,5591
Interest,
etc.,
deducts.
50,179
'
112,174 t v; 111,845»
52,500
\ 84.937
44 Net income _4.-—$151,846
interest
fixed
189,670
-
Federal-
4,408,162
:
$3,087^456
2,616,913
$5,215,973
income:'
Other taxes
$8,891,300
$9,716,513
Earnings per common share
4 -$6.84 "
$7.18
"After deducting credit of $476,200 which has been used through
the retirement of debt.
4-4 4": '•4;4'4:>'4: ;'.4 f 4.;4
535,174
'Rixed.; charges'-Un¬
Net
pro¬
$3,277,126
income.
—.
and
profits taxes.—-V. 156,
.-7 :7 4,, i'-.44-'
excess
Amortization of debt discount and expense—,4;:
$2,741,952
119,505
charges
4,070,675
'
1942
fixed
for
available
Income
$2.26
-.$3.18
contingencies
including
7.'",."",J
Operating revenues-Operating expenses--.^
Federal, taxes ——4—4..
y
Other income
Other
522,110
charges
charges.--____—-'.; $14,353,923 $i5)372,355
Income available for fixed
Other
$5,335,478
4
————
——-4——-———
income
all
Period End. Dec: 31—
Amort.
'
Total
1941
$453,083
200,000
198,500
Birmingham Electric Co.—Earnings-
''I
87,957
$4,813,368
—
tAfter
;"7
1949.
p.
.
Cr573,172
4; 4,458,146 4
—
Net operating income—
Net
Net
.
,v4__, 4 4,820,042
.—444".'' *4,352,614
Federal excess profits taxes-^-;------Other taxes
-,,444-4-4-4i44i4
204,687
3,424,489
1 520,312
156,208
stock——..:
share——4—i_4;.4——4-4——— ■'
per.
"Preliminary,
$28,742,457 $26,732,763
,4_
Net operating revenues—;
$4,491,245
1,456,649
$8,914,377
railway operations
from
Equipment rents (net)
Joint facility rents
(neti—
*1942
4-i.—-1^—-+.4--...-:): .,$632,580
capital
vision for Federal and State income and
858,899
.
' Gr447,146
—-
Interest on funded debt
tax
Earhings-
j
.
revenue
Outstanding
1,463,573
.-.688,354
—
Expenses
January-—1943
1942
,
$27,138,158 $20,183,592
2,678,970
1,660,393
Maintenance of equipment
————
5,306,299
5,145,077
Traffic
363,977 .402,667
Transportation
8,946,,197 - 7,693,420
Miscellaneous operations
264,158
226,887
General expenses
——-—-—
664,180
563,903
Net
V 6,439,932
.
-Preliminary
-
,
..
Other general
Month of
1&42 Report—
Calendar Year—
tNet*. profit1
r
-3,425,157. : 3,005,430
treasury, departments-^.:
Provision for employees' -service pensions. ^>ii^v>f,3017?089 ^41,191,216
Employees' sickness, accident, death, and
-f
538,707
703,605
benefits
r,
1,140,604
; ' 1,230,488
Services received under license contract,-.
January
Birdsboro Steel Foundry & Machine Co.
;
11,740,777
;
Accounting and
Railway operating revenues———
Maintenance of way and structures
"Railway
I
12,617,807,
-
:i—,-711,832
departments,,—:
163,057
■
6,791,034'
:44-^Ji44-i-^--»-w——4——— 4—-4^- .—i'-_-\p 1,551,536
Federal ineorae taxes,——,
,
167,33$
•
and
,$200,000; paid-in surplus (arising front sale of capital stock having
, a', par
value of $40,000 for a consideration of $420,000), $380,600;
earned surplus, $430,080; total, $1,393,648.—V. 156, p. 1204.
,
v
.Vi:v,:/>■;'
.■
for Month of
Earnings
'
Depreciation and amortization expense— .-^..1^-13,143,496
13,289,365
.
income
reserve
$89,136,453 ,$82,312,834
16,467;943
17,314,720
J,
and; other creditors, $92,794;
and-cases, $52,973;, customers'
$2,085;. accrued liabilities, $146,353; provision for Federal
excess
profits taxes, $69,275; deferred income, $16,337;
for, products deterioration, $3,787; capital stock (par ol),
account,
4,191,858}i ,3)939,036
.*
reveaues^»iv,;---?:-^V--:-
operating revenues,,:
Current maintenance
'
.previous invitation.
;4—111-
Traffic expenses- —
Commercial expenses
.
1941
,
.
789- $82;475,891'
Uncollectible operating
4'. «
Buffalo & Susquehanna
Cincinnati, Indianap. &
.the
——
Total
.5/«>
,
trade
bottles
refundable, deposits,
credit Balances, ; $1,787; employees'• fidelity deposits, $109; unclaimed
dividend and other checks, $46; employees', war savings bond purchase
$61,247,026 $57,727,334
23,864,905
20,809,531
Z'-i
Miscellaneous revenues —:
4%
RR. Corp. 1st mtge. 4s, 1963—
3 ft'
West RR. Co. 1st mtge. 5s, '65
4%
Pittsburgh RR. Co. 1st mtge. 4s, 1990
4'«
(17) Cleveland Terminal & Valley RR. Co. 1st mtge. 4s, 1955
: 4'^
(18) Allegheny & Western Ry. Co. 1st mtge. 4s, 1998——;
A similar invitation was issued on Dec. 21, 1942, and -resulted in
the company's accepting tenders covering $29,272,150 principal amount
,of bonds and notes made up of some 17 different issues.
These were
tendered at an
aggregate price of $12,896,925.01, and the over-all
average
price was $44.06 per $100 principal amount.
All of the
accepted tenders were assigned to the New York Transit & Terminal
Co.,
Ltd,, which company has now accepted delivery and made
settlement for the bonds and notes covered by accepted tenders under
(15)
1942.'
•
revenues—
5ft.
-
(16)
(14)
■
Deo. SI—
service
service revenues—
Toll
•
Peniisylvania.^Earriiiigs--
of
Co.
Telephone
.
.
,
'
Bell
.
contracts
,
on- the
per
1942
Assets—Cash
on
demand deposit and on hand, $177,308; accounts
receivable (less reserve for loss on doubtful accounts
of $10,484), $254,232; inventories, $333,378;, fixed assets (less depre¬
ciation reserve of $512,973); $534,125; patents, trademarks and- g-oa'd
•will,
$2;
deferred
charges,
$82,660;
other
assets,
$13,942;
total,
$1,395,648.
'
'
'
;
[;'•
designing, developing and mass-producing devices to contribute. to "
the efficiency .and superiority of aircraft and other war equipment of ■
First, mortgage
(1)
corporation
the
of
resources
Monday, March J, 1943
Balance .Sheet, . Oei.-31,
'
1
-
<
of
Interest,
v
the
of
the war,, Mr., Breech, said thqt.
were concentrated on the Job
present, role in
Discussing Bendix'
sought are as follows:
are
Pixect
'
•
■»
FINANCIAL CHRONICLE
^HE COMMERCIAL
778
The initial borrowingywill be at least, $40,000,000."
a year on amounts borrowed,
and, in addi¬
will be at 2^'^
of
stock
Corp.
for
shares
of
the
(Del.).
voting
' ■;
,
tion, the company will pay to the lending banks a ^commitment fee of
ViV on the unused portion of the credit.
►
"
'
"The fact that our corporation is securing a revolving credit in
the amount of $150,000,000 does not meant that we shall immediately
borrow this amount nor that we shall ever be required to do so," Mr.
Breech
said.
"It does mean that we shall have on call at any time
the next
three years the bank credit required for working
capital by the corporation to enable it to meet its great responsibility
as a producer of vital war
equipment."
.
•
within
In
addition,
considerable
is
protection
afforded
was
•
1
-
(e)
;
the
corporation
section of the guarantee agreement
with respect to that
portion of the repayment of borrowing which may be applicable to
war
production contracts that may be slowed down or cancelled, it
under
with
stated.
contracts
Such
will
not
portion
become
of
due
the
loan
and
that
may
payable until
apply
to
The president, Frank,W. Birele.v, is tbk>nte^ into*"OnVbgreenieiit
to manage the Bireley's Division of General
Foods
Corp.
for a term of ten years, at
annum plus a
;
a
fixed; salary, ©f.$25,900,per.,
participation in the profit
date of the transfer of the assets to
cancelled
final settlement
up to.ajlimited amount, from::;
General Foods.Corp.? v
Oct.' 31
of
h':
the contracts.
75-Cent Common Dividend—Annual
A dividend
-Net
Meeting—
sales
Gross
-:V
'
,t
sold--^—
1,535,619
margin
•
Other expense (net)—
1—
Sl^OSOiOOT
;*
900,b99
"
Completely automatic flying, which will eliminate
erroi
human
fly
and
safelv,
corporation
Feb.
24
will
be
were
by E. R.
thus
a
told
make
reality
at
it
within
the annual
Breech,, President.
the element of
practically everyone to
few years, stockholders of this
possible
a
for
•.
L,879,917
on
per
share, has -been declared
on
account,'Of-
the: $6 cumulative preferred stock, no par
value,"
payable April l to:holders of .record. March 19.
A like amount has"
been paid in-each1 quarter since and
including Jan. 2, 1941.
Arrears
•as of Jan,
1, 1943; amounted to $25 per share.—'V. 136! p. 2033.
$.917,375
*
on,
Buckeye Pipe Line Co.—Settlement Date Fixed—
-817,758
<
The Uniform Practice " Committee
of the
National Association'. ©f
Security Dealers. Inc.; District No. 13. announces as follows1
Reference is made to D. U. P. No. 66 (see V. 157. p.1216i, issued
under the date of Jan. 9, 1943, in which the committee announced
*
Net
profit
$150,263
Federal income and excess profits taxes.——
.
,
$99,617
69,275
..
•
12,978
,
,
'
*
meeting at South Bend, Ind.,
A dividend of 50.,cents
accumulations
'
,
Brown-Forman Distillers Corp.—Accrued Dividend-^"
::
L
1941
1942
-
J?r-the Prec®^ihg week output was 33 430.000 kwh., an increase of
»,*.8.6^ bver the corresponding week of 1942,-pV. i37, p. 688.
"'v ?
A$2,586,782< -.$1,797,292
—
Cost of goods
"
of
75 cents per share has been declared on the common
stock, par $5, payable March 31 to holders of record March 10
Dis¬
tributions during 1942 were as follows; March
2, June I and Sept. 1
$1 each; and Dec. 30. 75 cents.
*
Genet al Foods Corp.
a
Net
income
Dividends
_—
paid
——:
'——
$80,9(V-
20,000
$86,639
-
that
transactions
."regular
way"
on
in
Buckeye Pipe Line new stock should be traded
and after Jan. 11, 1943, but did not fix a settle*
'
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
157 ' Number 4155
A
. •
,
(Campbell, Wyarct & Cannon Foundry Coo.—25-Cent
approved the ; Dividend—.''
;l!AX'*.VA
*
Buckeye Pipe Line Co.
.'The directors have declared a- dividend of 25 cents per share on the
-The .committee, therefore, directs that. al4 "when* aSi and if .-issuedcapital stock,-no-,par -value;, payable March 1-3--td holders of record
contracts in Buckeye Pipe Line new- stock shall be settled on March' 2, ■><'
March 2.
Payments during 1942 were as follows;; March- 23, June 25
1943) or prior thereto on one day's written-notice,—V,-157, p. 518.
ment
date
for.
Chesapeake &
Pennsylvania Public Utilities Commission' has now
The
.
and Sept. 12; 25 cent's each, and Deo.
Buckeye Steel
:.rA—A-X>43',44«,420
Prior
:
$807,058
$930,287
Surplus
1
stock..,.—,-
141,642
-
V
-
S.
$252,493
'
//AAA-/' AAA. A A"'
1942
$2,111,835
"
1941""
"
$969,285
.
1,813,570
1,536,718
.,
2,134,744
,
refund
of excess
1
Accounts
94,066
92,204
38,304
A 26,510 "
-
""$9;613',550
1
VA'/ A '"'AXA/ ''
for
Sundry
V
$7,104,081
$385,692
reserves
Federal
income
tax
2,730,000
—
1,202,055
■
575,882
preferred > stock-__^-^_^-„-.
2,360,760
1,179,780
--r—w———1—-
2,381,437
2,116,593
.Total-:
2188.
depreciation
2188.
dividend
20
of
$12.50,
par
of
$4,056,757
-/A'A';
;
cents
$3,915,840'>
and
in'1942
AA/"
>-vAA/.-.-
cents
each;
share has
per
payable March
tributions"were -made
dividend
and
of
5
declared
been
the common
23.
Dis-
on
1942
cents each,
cents
March
were
share
per
31
to
and Dec. 28,
has been
holders
July
and
19
a
of
;
9,
"' ';
declared on the common
March
record
March-31y June
■
30
Burgess Battery Co-.—50-Cent Dividend—,.
The
directors
have
declared
dividend
a
50
of
cents
,• //;
t'}
.
share
per
on
stock, par $10, payable March 11 to holders of record
March 1.
Payments during 1942 were as follows: March- 16, 25 cents; :
and June 8, Sept. 15 and Dec. 15, 15 cents each.—V. 155, p. 2092,
for
dividends
filed with the SEG Feb,
18
a
amendment.
date
increase
the
will
be
proposed
public
offering
and
later.
announced
principal underwriters have
poration
ferred
aggregate
an
stock
Net
at
from the
lative
redeem
to
necessary,
preferred
into
verted
balance
be
shares
of
the.
on
'
A
'V
:
'/
of
in
carried
A
about
April
stock,
$2.75
stock,
$2.50
stock,
applied
series
shares
The
the
by
of
1943
but
volume
record
a
-•
•
of
: '
-
the
been
tear
1941
shares
of
buses- and
on
provision.
($100,
CT modern
•
Also,
under
funded
states
that
100
the
need
street
and
cars
cumulative
record
luted
interest
preferred
March
and
Feb.
on
stock,
witlv interest
due
1,
the
1942,
substantial
for,
period;
policy.
last,
1,
which
thereon
at
paid
5'r.—V.
the
157,
dividend
Bend
seem'
10
prudent
and
cars
year-
to
double
194-1,
and
than
more
points
lor'operating
vehicles
and
to
for increased
an
to
for
and
continue
Net
;
oper.
"Period End, Dec. 31-
revenues/A
1342—Month—1941
Other
dper:
accumu-
name-
taxes
on
the
Provision
share
per
May
Average
has
work.
one-
Net
(net)
1939.
due
* 1942—12 Mos.—1941
$6,066,340
A
242,422
/
230,601
the
church
Women's
a
dividend
-A-
of
145,705
1,854,038
,
632,200
3,008.640
deprec.Av:
134,060
51,769
812,891
of
$1,
$110,781
$154,827
/
/;/
V
income
'Gross
Provision
A-
excess
50
attendance
$157,298
Young
a
cents
50
110,682
123,204
1,260,000
23,544
$2,290,004
etc.;" deducts,- "
132*852
"
were
Total
rent
Ci'70.200
43>741 "
;
$2,1-09,340
1,313,036
Total
^Preliminary figures,—V. 157,
p.
/ 361,05*0
' 59,646-
$895,579
$695,023'.
'
-
Camden
Rockland Water
&
.
follows:
as
•
other
Operating revenue1 _^w.-/A—
operating
General
and
on
on' the
A
dividend
income
Total
income
157, p.
Feb. -23
Other
$3,800,542
" 1,255,237
$1,745,305
[Totiil gross income, all sources- A
on funded debt—-—uA-.
from
income-—'
■'
'
'
A.
1940
9,309A
'27,857
26,284 /
Balance
Assets—Operating'property,
$1,
128.
:
total,
stock,
13,362
Inc.,
$66,742
21,016 '
13,531
$68,431
-
1.373
$68.1-13
1,637
'•
$70)069
/-. 126.
2,856
Sheet, Dec. 31,
$1,7-75.876;
,'
par
$5,
dividend
payable
were
March
as
of
12
follows:
cents
50
to* holders A
March
1,386
//
'long
payable, $2,576;
-
$67', 803
and Sept.
11
and
Dec.
11,
50
cents
'
.
1941
1940
$507,125
$523,128
4,054,259
"
515
38
$3,451,433'
$3,531,093
14,977
42,619
,
3,920,114
1
43,631
44,541
$284,996
$391,639
Sheet,
22,508
3,892,374
3,832,446
$243,837
Dec/ 81
.
property
lieu
of
mortgaged
property
solcL-A
1942
/" 1941
$87,941,213 $87,937,225
/ A: 14,754
/AAA 9,233
*
-
supplies AlA
A
other
and
and
Discount
Other
"
"E"
Presentation of the
to
the
be
made
First"
presentation
/;,
/a'A
contribution
to
the
/..-,Ahs,\AAA?" aA. '■
:
-A:
war-
-A.
15
15
premiums
paid
in
36,787
advance 'A A'
debt.,_.'._:
38,639
4,351 AX.'
-
4,929
1,323,472
1,401,638
2,019,784
5
A
1,493,366
at
the
Unmaturedtax,
payable:
9,965,400
20,881,500'
38,755,786
37,071,873
364
A_A_
60,860
,/V: 47.249
852,638
850,651
525,803
525,452
accrued....
liabilities......
AA
/AAA
(road)Au.
depreciation
(equipment)A-—
to
168,346
8,862
liability..j./A/_„_'_/lAA_-A.A.
unadjusted
20,114,000
150,214
500
depreciation
and
$10,000
10,201,400
20,308,500
19,601,000
„_..A
unpaid...
interest
deferred
Accrued
Other
157,/
accounts
$10,000
y«.'/AA>Z_,-AA
1,392,570
credits.........^....
property through
1,054
453,722
1,293,486
1,033,910
inc.'and
949/404
surp..
1,661
1,661
A
*173,497
*173,497
loss—Balance.-.,^...'.^...^.
A A/A.'
•
183,702
331,197
.:.-.'/A"-;AjA';a'AA
rArt.AAA.L;..rt....:A
Interest matured
Accrued'
effort.—V.
..."
817,581
A,
stock
Accrued-
Peoria,- 111.,
his .outstanding
47,579
9:973
181,036 X''
debits_^__„___;__-^^__lA^_
intge. bonds—series
Other
at appropriate./
plant on March 12) '
of the "E" flag to be flown
66,485
i:
$92,947,939- $92,842,942
Army-Navy "E"—./
flag, will
24,786
543)931
AAA/;
funds
funded
unadjusted'
24,783
1,330)803
A A'
assqts^A-.^-.--..
insurance
on
3,600
,*A:
w.
Central Steel. & -Wire Co.—Stock Offered
—
Paul
II.
•
Co., Bacon, Whipple & Co., A. C. Allyn and Co.,.
Central Republic Co.,. Inc., Lee Higginson Corp.,
share 125,000 shares of
common
$37-, 124
157,
p.
Charlestoit Transit Cov—Interest
$11,764;
preferred "stock,
$100,000;
155,
p.
595.
Clearing
$92,947,939' $92,842,942
155, p. 915; /
Machine
ment
bonds.
profit from salesAAA-^iAA-AL^AA
Selling and administrative expenses.A/.-..i...
.Net profit front-
Trust Gov,
and
due
and
payable
in
cash,
of the
adjust-,T
at' C.entral
Charleston, W. Va., on March 1, 1943, upon the presentation
surrender
Tenders
pre¬
of
Coupon
No.
,
'The
20.-
profit—
p.
690.
trustee,
Charleston,
W.
Va.,
normal
income
excess
tax
& surtax
profits tax.
$871,809
459,994
352)236
$2,070,025
39,948
$519;573
$549,413
141,000
*1,368,000
141,974
on
$152,000 post-war refund
Balance
banks and
on
$1.60
excess
Sheet, Dec. 81, 1.94*£■
on
200,000
$2.75
capital stock.
$320,391
200,000
"After deducting
A-ssets—Cash in
79,048
$550,973
.....
share
Defense Series G,
29; 840
50,000
paid
per
1941
$2,530,019
prof-its tax—
excess
Net prof-it
Earnings
will until
2 p. nr. on March 4 receive bids for the sale to it of general mortgage
and adjustment bonds dated: Sept. 1, 1932, to an amount sufficient to-,
absorb $8,489:56 at prices not to exceed 102 and interest.—V. 156, :
Co.,
;
for Fed.
for Federal
Declared value
A4./A-A--/-A--'
A
Provision
Dividends
Sought—
General'- Trust
3b
$2,109,973
operations_._._^-A.A—-
Other' income :.(-net)^^AA—
•Net
Payment—
interest amounting to.2V2%
the outstanding general mortgage and
has: been: declared
Dec.
1942
Provision
principal amount,' on
cash,
Corp.—Earnings
Emled
\
installment of; contingent
An
1942
investments,
-V.
Gross
stock (par $5). The
689s.
A
;* Deficit.
•
A679
term debt,
$8,400; reserve for depreciation, $132,692-; reserve
bills, $1,819; contributions, aid of construction, $13,357; earned
and
3,959,074'
20,086
.
'
debt-
15
of certain, stockholders.—V.
"
2,812-
.;
first mortgage bonds due 1959; $960,000'-; 1
customers' deposits, $1,994; interest accrued,
total, $1,888,080.—V.
12
each.—
/
stock is already issued and; is being; sold for the account
28,000
2-
$36,921
'
for bad
surplus, $165,839;
Pay¬
212,233
advances^/.
Total
A
per
mium on capital stock, $3,000;
accounts
A'aA
common
1,
$3,743,326
investments
deferred
11,
Kehbon, McCormiek & Co., Ames, Emericb & Cov, Inc.
and' Dempsey-Detmer & Co1., on Feb: 25 offered at $8.50'
$68,418
./ 30,333-
33,600
$31,534
$498,400;
the
March
214,553
/lU'-AAAA'A
Other
$1,888,080.
Liabilities-—Common
A- AAA-
on
$3,665,986
charges
Working fund
■
$136,390 /
$9,138; materials and supplies, $17,711; accounts receivable, $19,525;"
notes receivable, $153; prepayments, $7,150; debt discount and expense, '
$46,402;
common
Davis &
/ .■*:.
income--—
members,
the
on
record
26
,
Additions
14,904
Amort., of debt discount and' expense
Net corporate
..'
;.:Cash;/ 'aL'-A, AAAA-AJaLAAAAA//-A-AA/A
Special deposits
A—
A~A
Micellaneous accounts receivable
Profit
19,917
Interest
Other deductions
School
organisations
269
180,401
debr,..j_^,
fixed
after
Material and
declared an interim
stock,
common
11,
of
addition
$144,642
13,596
from
'
$3,503,512
deductions
Sinking fund
This
company, has' been awarded the Army-Navy "E"
symbol for
outstanding" achievement r-in*"the- production of war material, it is
announced.
11,806-
operationA^.- A A
non-operating revenue—AA
.Gross
.
payable- March
22.733'
AA'A-A^A'AA;
Depreciation
declared
$3,323)111
—
funded
on
signifying
p.. 438.,
'
expense
-A~—--—•-—
Taxes
been
cents-per-share has been declared- on- the common ;/ First mtge. bonds—series B 5AA_A-AAA10 to holders of record March lv- Payments \ First mtge.' bonds—-series" C 4'/2 % AA ALA':
during:i942. were as- follows: March 31-, 10- cents; June-19, 15 cents;
Non-negotiable debt to affiliated companies..
Audited accounts and wages
Sept. 11, 10 cents; and Dec. 12, 15 cents.—V\ 156, p. 1949.
•
payable___A„__.
stock,
33,316
miscellaneous
with
$574,833
3,897,971
income.
Balance
1,652,543-
$1,034,857
March'5v" Payments during 1942
$148,192
Operating expense -AAA-A--A'-A
corpo¬
.■/'•
Sunday
Church
1942
'
income
"Catei'pUlap'Cplanti,-; ait individual "E" pin-will be given each employee, /
1941'
1942
of
Methodist
'"
March 14, 50
cents; June
50 cents.—V, 156, p. 2036.
14,
.
railway
Rents
ceremonies-within
Co.—Earnings-
«Years Ended Dec.. 31—
The
300:
Service
to/holders of
—
Road. and. -equipment
$4,653,082
1,255,237
1^-*-
cents/ June
157, p. 438.
In
.
13
accrual's-,;,.—.
Miscellaneous
$39,844
342.
and
Bank
Its
.
and
maturity
National
share has- beem declared
per
rents
.Net
Deficit
1,354,671
CV7.750'
$73',380
500.
over
over
share has
income
22,062
;
.
1,583,028,
$274,121'
Caterpillar Tractor Co;—Awarded
A_
same
Cleveland Union Terminals
Co.—Earnings—
tax
Interest
taxes
profits tax)AA
the
First
People's Society.
per
cents
Liabilities—
$2,065,599 '•
44,877
$2,569,665
.
is
Christian
of
Amort, of discount on funded
$4,631,028
-
(The)
Railway
Common
(including
income
'Net
,
for Fed.
income
on
$113,862
—
deductions...—
Income
$2,524788
*
of
of
corporation's outstanding mortgage indebt¬
AAA :
' ■ /: :'
property with a total appraised value of
payable March
Miscellaneous
1,'684.'996
620,685
2',470
10,
cents
on
Society
30
during 1942
Total
1,314,433'-
1)791,751
85.997
1,365.000
$406,973
A The directors
Vi
;;
com¬
March
trustee.
p
'7)061,489
,
; 134.738
1941
618,636
3,081
office
Years Ended Deo. 31—
$15,951,938
$3,873,114
of record
1,943,983
51,320
revs—
the
Controller Co.—50-Cent Dividend—
dividend
Total
*1942—12 Mos
1,903
pelt share
Fed.;
(net)—
''/!:■/
at
Sept. 14, 25 cent's each, and Dec.
'
$3,849,570
2,699
of
payable.
secured
large choir, and
ments
'
CarpenteE Steel Co.—50-Cent Interim- Dividend-
$5,479,505
25.441
income
the
on
record
serially June 1, 1943, to Dec. 1, 1954.
form in demonations of $1,000, $500
Sunday attendance1 of
average
Clark
A: A
$491,385'
—
♦Preliminary' figures.—V.
—
49,081
operating
of
stock, par $25: payable March 15 to holders of record March 1,
During
1942-, the. following, distributions were made: March
16, June 15 and
Sept. 15, 20 cents each; and Dec. 15, 40 cents.—'V) 157,
p, 689:
AA Chamberlin Metal Weather Strip Co.—15-Cent. Div.—
•
Other
declared
Ginchmati Street Ry.—To Pay 30-Cent Dividend—
Merrill
Mr.
$1,438,355 $16,146,091
621,2356,131,130
A
Sunday
an
include
51.7/?
or
105,000
'Balance
1942,1
1,
160,969
for
been
Methodist Episcopal congregation's in 1927.
then changed to "Church of the
Saviour,
;' ''A-;*:'.'"--;'/: *'.7-'* A'' '' A'A/'"""'-'
was
stock, par
$404,274
revenues-
income
'
-
income—A
than
has
to- holders
15
membership of the church includes 1,400 souls
representing
approximately 500 families and approximately' 600: regular contributors
/
company's load in
$35*9,185
applic. to preferred! stocks for the period
'Net
Dlvs.
$420,062
exps,„i-w^A;:
Ltd.—
Co.r
•
as-to-denominations
corporate
all
are
other
Deposits in
:
$0,0583
27,860
other
Taxes,
cents
.
$493,288
134,103
Interest,
to* holders;;
$482,752
Maintenance
Minima
50
1949.
paid on- Dec. 22, last,- and five
and Dec. 30. 1941.—V. 154, p. 1629:
Insurance
Operaling
April
29,
p.
The
equip¬
fact
125,000'
"
Gross.income
-Earnings—
*
Gold
share
per
principal
notes
Episcopal-."'
the
'A/.;
maintenance
ll'5.'l45"-'
income
two
rate
conservative
a
/"
*1942—Month—1941
ajiprop.
retire
bonds
with
;
March
■/'A'-A. A/
518.
p.
June
156,
$590,598, and in addition will be secured by an assignment of "unified
budget subscriptions" amounting- to $142 555.
'The Cleveland
Heights Methodist Church was organized in 19201 sub¬
ject to the provisions of the discipline, the usage and ministerial
appointments of the Methodist Episcopal Church in the United
States.
The
necessity for building a new and
larger place of worship in
Cleveland Heights prompted^ the
amalgamation of this congregation
the major portion A
totaled 346,895,450,
a
to
and
The
special
$10,596,510,
reserves,-
years,
"/A.-AA:•■""•••"
in
res.
used
edness
of the total operat¬
requirements
within
;' -A'AvA'A
.
er
Other* taxes
with
due
and
per
Extras
.,
dividend- of $1.8156
a
represented
31
25 cents each,—V.
5.
to
additional
debt matures
made-it
,
cash
aside
setting-
Merrill's-' report
r;
Prop. retire,
1,1
-
March-
record
cents
coupon
(Wis.),
241
added
were
pavssertgers/carpied- last
than
redemp¬
of
sum
together
in
Assets—
1
April
payable
represents
Aug.
March
cents
the common
C. Ziegler & Co., West Bend,
offering $1!05,000' 1st ref. mtge. ('S-3y4-'ZlhA%)
are
.
•The- company
above
$100,
par
payment
dividends
thereon.
accrued
the
stock,
This
19.
unpaid
2Vv
April 15; Aug. 20
on
as
buses, amounting to—.
the company's fleet
agreement with the Defense Plant corporation.
the .company outstanding on Dec. 31,
1942, was
buses
:
dividend- of $1.8083 per share on the
a
cents
1/ 1942:
be
\
pari
street
other
company
lesser
other
.The directors have declared
14,
of
Dividend
25
on-
National Bank & Trust
Co:, Chicago,
paying agent.
Louis
Kuehlthau, West Bend, Wis,,- co-trustee.
Purpose—Net proceeds of this issue, together with other funds, will
during
passengers
Wages-totaled
operating, revenues-- tA.".,'$1,469,078
Operating,: expenses
'
5*10,652
Federal" taxes'"
1
314,007"
M.) Byers Go.—Accumulated Dividend—
A
follows:
Dec.
payable
be
lease
a
debtof
preferred
on
holders
to
of
share
Principal and interest payable
J&D" of- each yeaf in- lawfulmoney of the United- States of America at
office- of; the corporate trustee, or at
option of holder at Continental
-
conditions in the nation's' capital,, the
stockholders shows net income available
curtailed by increased taxes and operating
Period End. Dec,
-
Any
for
$1,
par
West
$4,448,000
Carolina Power & Lrgrht Co.—Earnings—
con¬
corporations
the
corporation
price of the 21,725' shares of cumulative" convertible
stock, $2.75'' series, of the corporation called for redemption
1/ 1943.—V, 157, p. 518.'
"
three
registerable
1942
states,.the net increase of full-time operators - for the year was 123; and;that every .effort i$ being made to recruit additional operating forces
from' all possible sources.—V. 156, p. 1466.
AAA'AAAAA;AA;A-AAA
con¬
tion
of
Bonds- will
sharp- increase
in
Capital
Transit's operating efficiency, despite inability to secure-adequate man¬
,
cumu-
redeemed,
31
as
and
$100,, interchangeable
'XX 'A/''••A')1
$17,896,632, including bonds, notes and equipment purchase contracts.
Dividends of $1;75 .per1 share were declared during 1942;
The report
recognises that .this was a modest dividend in view of the earnings,
'
cumulative
theretofore
purchased
or
all
series,: and
not
reimburse
to
1943,
5,
1942
Dated Dec.
/.//AA/A
$4,856,000
$2,899,992/' Wages gmounted to 43.4 '/a
■Revenue
to
;
Consolidated—Extra
serial' bonds; at priees ranging, front 100.25' to 101 and interest', according to maturity.
to
and
wear
240,000
1942
more
purchase from the cor¬
the 5',A cumulative pre¬
<
March
compares- with
Wis.,
been
capital; stock outstanding, against
$1,308,969/or'$5:45 V* share in 1941. /
In order to meet Washington's unprecedented tr'af-fic demands, com¬
pany added $5,422,976 of new pla-nt and equipment' last year,, including
will be applied, to the extent
issue
or
on
common
will
65,000
proposed
preferred
convertible
vertible
of
to
price to be supplied by amendment.";
a
proceeds
agreed
3.405,628
Church of the Saviour, Methodist, Cleveland Heights,
,
power
the offering price
"'-A'
1"
2,831,473
Ohio—Bonds Offered—B.
.
The
on-
has
stock,
each;
JA."
revenue, while'taxes were 17.7of the same figure.
'
i
After setting up ""a special reserve of $500,000 for property adjust¬
ments, and lafter adding $200,000 to a reserve for the reduction of
indebtedness, net./income amounted to $1.048,991,'equal to $4.37 each
President
.
■■:r
of
public
'share
per
dividend
mon
"
-
-
during
and Sept. 28
This
/
IVz,'-times"the
or-
dividend
.
7(A
-.-.A
:.
payable
paid
A
r-'A :■/ ""v
'
"A; -':'
Operating revenues were $24,358,392. an increase' of 49.7% over 1941,
while operating, expenses, taxes and depreciation were up to $21,895,154/
art increase of 53.4^'.', The provision for taxes was $4,312,110 in 1942,
in; a
registration statement
(2-E097( covering the proposed issuance of 65,000 shares of 5Vo-cumu¬
lative preferred stock (par $100),
" ,
•
.'
A
■
Lehman
Brothers
and
Kidder, -. Peabody & Co. are listed as the
principal underwriters, others to be supplied later by post-effective
of
,
'
ment,/ the
the
X:\'A,A
/•/
.
AX?AX—AAAA-;_XAiA
have
to
heavfer
reserves.
that all the
Burlington Mill's Corp.—Registers With SEC—
corporation
2,269,633
€hesterviMer Larder Lake
Three-Cent Dividend—
'
result* of war-time
the: purchase
common
The
$1.25
annual" report
$3,963,134.
The
'.'"
,,
ing-
2.
Payments
and-Sept.: 30, 50
year-end of $1—V. 156, p. 1859.
follows;
as
>:
holders of record Feb.
to
follows; during 1942: Feb.
6, 20 cents.—V. 157, p. 342,
as
Nov.
50
payable
during
of
company
the
as
company's
costs,
'.^:
"
Dullard Co.—To Pay 50-Cent Dividend—-
•
\
v<
•;
A'- AA( 'A *//,'.A;'.X;*/
Canadian Pacific; Ry.—Earnings— - V'v-
Although
Buda Co.'—20-Cent Common Dividend—
the
4
have declared- a dividend- of $1 per share on the
.stock,-payable Margin 15> to holders of;record .March- 5..' Diswere as follows:
March 31, $1; June 30 and >,
and Dec,
15/ $1" regular,, plus $1. extra,—'
dividend
1942
$7,704,081--
$9,613,550.
;*"Less reserve -for
in- 1941.—V. 156, p.
A
:
-
Capital Transit Co.—Annual Report—
^
1)179,780
Surplus
3,009,015
Illinois
2,360,760
-
(235,956 no ..par shares!-__uv.
stock,
-
271/230
'iAAAAA—AAaAA~~.
cumulative
stock
A
•'
.
direotpr-s
-Traffic' earnings—V. '157, p. 688.
$5.73,664.;
Common
f
/■X
/
payable
Reserve
25
•
Week Ended Feb. 14—
-
A
were
each;
declared on the common ;
stock,v class- A" and-' class B/.payable j April--30' -to- holders- of record '
March 3i:,>. Payments during 1942 were as follows:
April 30, July 31 ;
and Oct; 31, $1.50-each, and Dec; 26, $1.25.~-V.
156, pt 2188.
-
232,000
profits tax——__A_
1
Liabilities—
.
.
A;, Conadiair Industries-, Ltd.—$1,25 Dividend—
A
4.440,911
689.
stock,, both
'
2,190,924'
•
Total
stock,
;A
156,-p,
4,192,739
per
-cumulative preferred stock,
par
$100,
March 20 to holders of record Pel?. "25'. "•
on
1940
4,453,817
directors' have declared
an
extra
dividend
share and* the usual
quarterly dividend of $1
2,341,556 ;
601,200 1
.
-
V.
,
1,501,760
1941
7,118,714
incomc.,_„
oper.
157, p.
1942
$15,881,405 $12,081)883 $10,337,673 $1Q;760,750
Chesebroirgft; Mfg.. Go.
.
of
account
on
fributionA: daring .1942
seht* AlO.i $r,30' each;
1,632,952"
—
A A/——A~—AAAA—-!A A.A-' A/..,
Pfepaid1 insurance premiums-,————— A
.
been'declared
has
[ Canfieid" Oii Co.—-To Pay $1 Dividend—
A-The
$273,936
Gk>vt.^secu»ttiesA4;r--»^;^r--L.^4-rv
.
Post-war
6%
...
common
•'
ry.
—V,
2095.
railway
railway-
from
Net
Like1 amounts were paid
in each quarter during 1942.
Arrearages /
-ad. at, March/3'1 A194 3, Will amount to' $36.12'/b
per share.—V.
157,
p.; 34-2.
;.A/A AAA---—-AAA
Patents:
-
235,956
$227,857
$375,722
■»
Net
14L642~
141,642
-412,923
Inventories/'.'Aa'A/aaXAA A AXX/AA'AAX
♦Real estate, plantrand equipment—AA—A—
Investments,
—_AA—.AAA AA A
.
1
412,923
Balance Sheet, Deo. 31
;Assets^-;; /AX'- /'A';.-
..
5
"
141,642
412,923
'
Accounts' receivable
U-
$782,422, ; /$708,471
'
share
per
'/on*-, the
Canadian/fuhds
p Ay able in;
144,375
Ry.—Earnings—
1943
from
Thh
of/$1.25
accumulations
162,566
-
156, p.
Gross
•
Canada' Cciwent/Co-.; Ltd..—Accumulated Dividend—
A'dividend
,
par)—a
AA-V/AfX
\
56 937
/
(no
128.573
419,509
1,202,055
stock..
stock
*/'
-
1939
$1,015,4'1'2
129,509-
2,498.000
:__w——-
pfd.
pfd.
.
Com.
,
'
1940
$1)330,505-
.
$2,261,851
141,363-
tak
.Net- profit
6%
1941
A"1942
Depreciation
Income
—Annual Report-
Castings Co.
Years End1. Dec. 31--'
Profit" A
50- cents.-—V,
12,
Ohio
January—
merger of Northern Pipe tine Cb: with the new
-
7791'
contracts- in this stock.
and if issued"
"when, as,
*
profits tax..
*
hand, $1,077,470; U. S. Savings
bonds,
$25,000; accounts and contracts receivable,
$1,225,323;
'
years
prepaid expenses and deferred charges, $29,247; investments, $150,882;
post-war excess profits tax refund receivable, $152,000; fixed
(less reserves for depreciation and amortization of $610,635), $1,113,525;
$61,936;
$6,042,015.
total,
■/:...•
,
,
,
directors on Feb.
The
a
X;
L
income
3,245,834
192,453
1,715,995
278,798
'784,887
1
6,487,602
356,404
39,947,747
:
36,166,207
25,862,783
21,554,066
8,689,858
; 7,124,637
1,328,733
5,482,737
1,068,155
4,666,260
6,494,229
844,741
4,117,485
*'77,562
117,175
Cr35,883
I—
income ;
_
,
at
agents'
9,326,615
1,158,399
compen
Taxes
1>—«-
Other
for
4,928,875
manage,
exps.
Canadian
1942—6 Mos.—:L941
$24,676,298 $25,026,913
1942—3 Mos.—1941
net $11,864,137 $12,706,585
Period End. Dec. 31—
Sales
&
revs.,
oper.
C(SaintenSce!PSc.e55-
) 9,467,845
467,700
than inc.
373,378
Selling & adm. expenses
other
depletion, de-
Taxes,
for
Prov.
gency
22,329
aban-
,
property, plant
equipment
—
<
,
,
$3,329,288
and
on
5 %
Fed.
State
taxes
112,075
$787,155
$386,904
$806,450
156,
for deferred
591,200
900,700
8,900
Cash
Cash
Gross
32,508,675
revenues
14,719,178
maint—
and
Operation
Provision for retirements
and
.
—3,862,655
depletion
Federal
income
excess
1,808,995
taxes—
Federal
"7745
6~340
8,310,907
7,913,653
518,236
518,236
518,236
mcl.
stk.;
outstdg.
period
per
sh. on.
1,841,973
period
Other than Fed. income
'and
"
Net
2,412,678
2,435,268
9,778,874
9,974,825
6,840,117
5,171,476
20,903,084
21,757,059
39,306
—.
,
69,946
175,611
252,114
operating rev..—
income
'
6,879,424
.
21,078,695
1,475,214
22,009,173
6,002,159
5,241,422
1,529,436
corporate inc.deductions
Gross
'Income
6,040,273
.
Inventories
to
Col¬
&
applic.
umbia
Property,
Net
of
rev.
E.
&
G.
Dr23,693 jDrl,415,797
ZF570.910
—.
£>r234,897
applic.
Earnings
Accounts
to
C.
fixed
charges of
G. & E. Corp—
£4,779,078
Interest and other fixed
15,734,002
charges of C. G. & E.
applicable
&
E.
C1
r"
!
/i
* c*'
-
11
*
7' *'
'i
£3,698,534
;
Balance
G.
E.
&
sh.
of
on
«,l'
v
.
£2,320,000
Common
Total
—V.
The reduction for the 12 months ended Dec. 31,
by approximately $761,000 of debt retirement
approximately $742,000 of post-war credits.—V. 157, p. 129.
profits taxes.
represented
is
credits and
Income, dividends
annual report
31st
shows consolidated net income,
after minor¬
ity interests and after providing reserves for United States and Cana¬
income
pared
with
and
of
shares
taxes,
$3.55
or
stock
common
volume
of
share,
per
outstanding
receivables
with
compared
$569,496,827,
for
applicable
Dec.
on
31,
for 1941.
department
financing
$1,018,586,326 in
"As
the
$92,035
$100,675
; 18,195
realized from sale of marketable secur.
13,597
1,600
Cr7,l33
of
which
to
are
equitable,
of
amount
"Net
profits
excess
for
share
per
taxes
compared
1942,
1942
during
net
•
.
subsidiaries,
results,
to
it
use
is
the
of
for
Canadian
income and
compared with $14,-
of
operations
current
for
post-war
credit, or $5.35 per
compared with $5,398,918, or
1942,
primarily
the
lished
ments
capital
in
the
separate
in
the directors decided
made
and
of
that the
names,
location,
The
represented
by
total
their
is
not
types
and
it
original
companies
was
combined
companies, l?ave
with
operations
least,
volumes
investment
book
value
(net
well
war
100%
estab¬
Satisfactory arrange¬
managements to
companies.
respective
expedient
of
by the
which
emergency
of
practically
companies
existing
their
deemed
$8,762,746,
unamortized
the
of
production
cash,
manufacturing
case
the
at
companies.
for
the
doing a large business.
each
in
charge
in
present
purchased
several
present
manufacturing
These
of
at
has
company
stock
their lines
were
continue
For
engaged
65,872
'
transferred
of marketable securities
*$82,479
'"
74,263
loss from sale
to earned
':.
Balance Sheet, Dec. 31, 1942
■
Assets-—Cash,
marketable
Net
disct.
26,781.353
15,766.781
3,480.874
9,236,745
13.539,314
&
$97,995;
securities,
interest
$1,584,390;
receivable,
$4,388;
2,677,185
2,677,397
'
'
in
""Includes
income
471,432
Cr325,112
Cr477,530
Cr325.112
6,997,254
31,693.046
stock—.'
10,944.450
11,103,283
$5 cumul. pfd.
on
v':
adjustment
with
proposal looking to ultimate disposal-of. the transportation assets
corporation was filed with the Securities and Exchange Com¬
Feb. 23.. ;
j; ■
'r- ■
step
Transportation Securities Corp.,
contemplates sale by
subsidiary of C. & S., of its entire interest in Springfield Transpor¬
Co., consisting of 5,000 shares (no par)
common, for 18,000
shares of C, & S.
$6 preferred stock, in accordance with a contract
between
Transportation and A. C. Allyn & Co., Inc., and Equitable
Securities Corp.
It is proposed this sale be consummated not later
tation
to
give
of
business
company
was
worth)
war
in
the
these
these
conservatively
of
$9,323,192.
facilities
aggre¬
C.
March
15
Co.
(a
next.
'
owns
all
the
subsidiary)
in
T'
'
of
'/.'
•
outstanding stock,
ownership
the
and joins with Ohio
outstanding indebted¬
of Transportation.
&
proposed
S.
ferred
On
to
Dec.
portation
stock
so
also
will
and
effect
a
utilize
will
acquire*
Commonwealth
transaction
stock
,
that Transportation
preferred
indebtedness
The
10,944,450
22,696,654
20,748.596
of
Act
in
$6,450,000
1942.
and
1942
in
$7,520,000
1941/
generated
and
purchased)
for
the
output of electricity
week ending Feb. 21,
amounted to 173,600,000 kwh., compared with 161,300,000 kwh.
for
the corresponding
week of 1942, an increase of 7.6%.
Local
distribution
of electricity amounted
to 160,300,000 kwh., compared
with
159,000,000 kwh. for the corresponding week of last year, an
increase of 0.8%.—V. 157, p. 689.
Electric
Consolidated
&
Co.- -SEC
Gas
Permits
Re-
ciassification of Stocks of Utilities—
Securities
and
Commission approved Feb. 18 applica¬
subsidiaries, Central Indiana Gas Co.
capital stock of the subsidiaries
through reclassification of stock.
Central Indiana Gas Co. will reduce its capital stock from $4,648,969
to
$4,000,000
through
reclassification of
54,000
shares
of
no-par
tions
Exchange
Consolidated
by
Hoosier
Gas
stock
and
its
Corp., to reduce the
into
shares
40,000
of
$100
par
Hoosier
common.
Gas
accomplish its reduction from $535,199 to $500,000 by reclassifica¬
tion
of
it3
18,257
of
shares
under
both
collateral
its
shares and
common
par
110
400 shares
of $100 par
10,000 shares of $50 par value common stock. All
companies are owned by Consolidated and pledged
trust bonds and the new > stock will likewise'be so
pledged when the proposed transactions have been accomplished.
Consolidated and Houghton County Electric Light Co., a subsidiary,
filed
an
application with the Commission regarding the following:
Consolidated
proposes
stock
common
that, company.
stock
ferred
solidated,
w>):e
to
Ohio
the
Edison.
reduction
in
shares of
against its
18,000
payment
($25
make a capital contribution of 800 shares
of Houghton County Electric Light Co. to
proposes
shares
(12.000
into
to
par)
Houghton
12,000
$25
shares
to
par),
reclassify its. outstanding pre¬
of which is owned by Con¬
all
of common
1942,
companies
Transportation
carried
at
had
of
the
amount
of
pre¬
the hands of the public.
investments in eight trans¬
$8,113,421.
common
stock
of
Houghton
stock
to be
($25
pari.
received
by Consolidated
pledged under the indenture securing the collateral trust bonds
Consolidated in substitution for the old shares of preferred and
common
—V.
stocks
157.
p.
of
Houghton,
217.
which
will be surrendered and cancelled.
\ ~
..
Consolidated Film Industries, Inc.—Accrued Dividend
directors
The
account
of
have
declared
accumulations
on
a
the
dividend
$2
of
25
cumulative
cents
per
preferred
share
on
stock,
no
value, payable April 1 to holders of record Marah 10.
Like amounts
were paid on April
1, July 1, Oct. 1 and Dec. 28, last year.
Accumu¬
lations as of Jan 1, 1943, amounted to $11 per share.—V. 156, p. 2221.
Consumers
Wood
Gundy
limited number
per
kilowatt-hour output of electric energy / of subsidiaries
of
this corporation adjusted to show general business conditions of
territory served for the week ended. Feb, 18, 1943, amounted to 235,557,266 as compared with 197,802,846 for the corresponding week in
1942, an increase of 37,754,420 or 19.09%,—V. 157, p. 689.
weekly
new
be
:
.
of Commonwealth outstanding in
31,
The
will
par
.
•Weekly Output—
The
33,641.104
■
.
first
is
Cr477,530
income tax for the year 1942 in
tlncludes provision for Federal
Federal
of
Revenue
of
tax
(electricity
of
/•
.;
the
It
383.674
In
Output—
Corp.—To Sell Transpor¬
Southern
.
mission
ness
■
V 39.624
,The company on Feb. 24 announced that system
have
tation Assets—
Eaison
44,257.250
10,710,002
10,708,768
"
83.953
V
—
income
preferred stock into
$1,686,772.
total,
(par
surplus, $20,810; total, $1,686,772.—V. 156, p.. 2304.
than
42,548.134
V
r
'
will
investments
payable, $2,290; accrued taxes, $2,076; common
$1), $362,045; paid-in surplus, $1,299,551; earned
capital shares
The
26,305,515
17.951,735
&
exp.
deductions
accordance
the
A
15,728,000
15,711,374
Balance available for common stock—
Liabilities—Accounts
of
"v
131,622.761 £33,054,315
5,755,871
9,648,181
3,891,133
income
common
,
%
Commonwealth
1942
should further diversify its activities and utilize a reason¬
able portion of its large available resources, resulting from the liqui¬
dation of instalment receivables, by purchasing several manufacturing
The
:.$83,97i
income
surplus.
>
months of
company
material.
income
int.,
The
——„
was
such taxes instead
to
1942,
out
after
V
1941.
companies
$
150,503,284 150,718,782
76,387,796 *75,630,952
38,886,566
*19,808,708
4.039,874
4,748,500
*4,823,932
>8,573,487
charged to constr-
and
Commonwealth &
•
and its
and
for
provided
stock
common
share for
and surtax
no
prior
States
$17,947,640
$9,856,745
tax
a
United
was
"During the last six
of
—
1
—
Federal income
1941.
operating
operations
Reserves
were
the
on
$2.93
the
net
therefor.
to
prior
1941.
taxes
from
has
company
yearly
comparing
provision
income
482.916
such
in
by the
paid
income
net
after making
be
1942—12 Mos.—1941
1942—3 Mos.—1941
expenses "
Dividends declared
,
Expenses
1,841,473
in 1941.
Only)
(Company
6,772
1-
com¬
control whatever over
United States and Canadian income and excess profits
management of the company
amount
the
to
A. E. Duncan, Chairman of the Board, comments:
more
1941
$93,903
7,369
—
—
j
1942,
convertible
$8,563,713, or $4.65 per share,
Gross
$7,068,420
was
1941.
After payment of dividends on
preferred
stock,
there remained
for
$9,081,949
$5,550,183,
of
profits
excess
cumulative
income
the
1942
$84,6^6
;
——
„—^
^Before
The
$15,025,000
and
1942
long-term debtamort,
of
on
Int.
12^193,800
Co.—-Earnings-
Investment
Total income
Net
$2.00
1943,
Interest——
Net gain
2,350,862
$1.79
5
miscell.
18,414,730
17,672,463
18,398,300
253,790,215'451,421,017
—
—
10,922,200
:■
20,647,849
,
38,525,851
20,013,864
income
debt
20,970,300
55,216
157, p. 130.
Dividends
Commercial Credit Co.—Annual Report—
taxes
—
Years Ended Dec. 31—
representing debt retirement credits and estimated post¬
credits which are equivalent in the aggregate to 10% of Federal
excess
'
Statement
'
Other
accordingly increased, by approximately $317,000 and $1,503,000,
income
/
:
;
Commonwealth
shares.
respectively,
with
_ri
:
Int.
9,972,477
140,836
9,693,357
279,435.
12,193,800
18,414,730
17,465,672.
19,662,219
$0.33
$0.07
v
provision for Federal excess profits taxes for the three months
12
months
ended
Dec.
31,
1942, have been reduced, and net
dian
•
subsidiaries^
10,921,325
18,353,643
2,214.556
revenues.,,
Operating
14,340,275
14,730,124
^
chargeSw^——£_-!_--^»—
and
dividend—^—-
of Federal income tax for year l942 in accord¬
Act of 1942.
flncludes provision for Federal in¬
Taxes
46,500,000
;
556,615.
9,440,355
—:
•
interests' equity in
stock ($100 par)j
stock
($10 par)
Preferred
3,981,602
$0.19
1
$0.17-
stk._
$The
1942,
jobs
33,920,911
31,489,524
8,415.551
'
figures.
tOutstanding, 12,223,256
war
l
1,808,048
•
——
1—
JJ
incompleted
income
Minority
10,441,267
6,459,665
.
"Tentative
and
»
'
subs.
"
21,328
v
:
stock_^
common
Depreciation
——
.1
Corp
earnings
com.
—
Capital surplus
Earned surplus
stock of C.
•(Consolidated
per
si
/•
applicable to
common
*
,
*
£8,773,670
6,453,640
2,493,853
Corp--—
Preferred dividends paid
G.
Reserves
Deferred
to
nf
porrifcfil
5,292,735
4,887,070
1,248,662
1,080,544
.
Balance
,;
30,000,000
1949——^
!
payable (unsecured)
payable (secured)—mfg.
Contingent reserves
Advances
Corp.
due Sept. 30,
Notes
7'
..
....
;
2% %
notes,
Notes
V 1 65,891
19,952
11,337,578
$16,840,000 in
oper.
Gross
payable
Unsecured
■'
3,742,515 £13,660,739
57,873
of
public
Revenue
of
Operating
89,821,500 276,837,500
31,391,571
16,065,956
—!
notes———.-;
769,952
Cr477,530
Period End. Dec. 31—
Liabilities—•
short-term
stks.
by
Income
C.
parent,
Corp
975,077
Cr325,112
253,790,215 451,421,017
—-i,..—
Unsecured
:
tax
Total
7
.
1,747,106
823,853
.
.
Total
'
'
"
117,894
Cr477,530
:
with
Other
15,968,899
1
>
172,208
income
come
—
7
"
■
•
1
—
17,719,877
<
*
Cr325,112
•
'■
2,912,013
equipment—
facilities of manu-
and
subsidiaries
charges
iM
—
359,412
-
facturing
held
-
ance
5,056,593
;
——
pref.
on
355,173;
775,995
—
Unamortized emergency war
Deferred
15,076,536
3,766,209
5,349,988
——
17,718,643
constr.
—i.——
fixtures
plant
4,42^^866
*Includes adjustment
25,282,299
Emergency plant facilities—,—;
to
Balance
$
5,930,835
—
—
and
4,42j,uo4
-
deducts.
Earned per share on
1941
146,319
—
i.—-
k
exp.
$4.01
32,996,549
50,174,283
182,815,767 394,026,913
—
Other assets
Elec.
Gas
Corp.
receivable——
company's possession
—
Furniture
51,999,101
Common
$4.23
$4.65
$3.55
Investments—
■
Bal.
f
1
e
——
notes
and
Repossessions in
49,916.005
cumulative preferred stock
stock dividend,
$5
,
1
&
charged
Net
Comparative Consolidated Balance Sheet, Dec. 31
1942
Cash
Accounts
.
profits
excess
taxes
Other
7,410,089
2,625,434 £13,539,506
£2,865,051
disct.
subs.
.
'
—
Assets—
Drl49,419
12.507,109
52,148,520
int.,
Divs.
1,841,473
,
of
end
at
24,553
1,842,007
Int.
'
1,841,473
stk.,: incl. scrip,
com.
30,753
com.
outstdg.
49,891,452
Dr61,108
long-term debt-.
amort,
of
on
miscell.
1,808,538
3,039,611
1,025,765
$.
....
Int.
debt
profits
taxes
7,364,663
5,984,132
5,524,102
5,524,419
from
scrip,
inc.
Net
12,568,217
15,634,280
___
income
Gross
end of
at
15,633,842
438
Operating income
on
credited to
surplus—
of
shs.
No.
7,853,846
8,384,831
*12,986,966 .16,231,666
Taxes
Other
opers.
y
.
260,911,559 261,267,545
31,036.030 118,370,113 117,879,662
28,827.840
28.873,052
162,822,154 £62,366,311
31,407,285
expenses
Other income
—
inc.
of
if
518,236
,
on
paid
stock
Bal.
*1942—3 Mos.—1941
$
~ 2~047
v
.♦
■
67,881,939 ' 68,220,743
revenues___
oper.
Depreciation
9,081,950
—
divs.
earned
*1942—12 Mos.—1941
$ •
'
■' ;w
$
31,722,258 122,427,601 119,598,247
15,559,770 57,097,688
58,458,485
'
3,809,905
14,473,674 14,325,649
2,120,404 1 6,634,774
7,672,140
paid
stock
^
"
7,068,420
—
divs..
pfd.
•
1942 -12 Mos.—1941
$ . ..4V.;,. ••
j
1942—3 Mos.—1941
/.V
Operating
Subsidiaries)-
(Including
Statement
Period End. Dec. 31—
Total
int.
income
Income
Combined
:"Vk *'
445,490
2,770
_—
min.
for
inc.
Net
Columbia Gas & Electric Corp. (& Subs.)—Earnings—
Period End. Dec. 31—
•
pur¬
Net
j
Co. of New York, Inc.—Earns.—
Consolidated Edison
9,083,997
mfg.
subsidiaries
343.
p.
7,919,994
574,216
chase price—on
Res.
of common stock
1942 there were 563,620 shares
31,
Note—At Dec.
outstanding.—V.
oper.
8,090,895
conting.—__
for
com.
income
Net
8,312,653
not
its
■
.
$1,485,614
7,900
....
—
1,381,751
Cr515,134
from
275,880
__...
Cr44,300
profits tax
Fed. excess
112,075
275,880
47
453,600
260,600
15,000
137,940
468
307,300
478,200
2,000
inc.
Other int. & misc.
2,852,076
SEC.
y
$3,374,864
56,037
gen.
on
Dr445
, ,
$1,904,356
$1,788,396
$770,986
mtge. 5s
56,037
bonds.
137,940
chgs.4
normal & surtax-226,500
Int.
Int.
tax
profits
inc.
&
5,151,341
of
;
Net
Res.
47,929
Dr437
44,004
income
Total
refund
excess
46,020
doned
•
5,220,538
surtax
profits tax—
Post-war
-
,
5,398,919
:•
tax
income
and
Excess
•
53,092.
.1,071,833
2,035,306
3,431,309
3,205,884
chgs._
509,341
2,284,757
3,186,645
.
taxes:
1,494,459
$1,803,335
$1,766,504
29,145
disct.
Cr513,553 Crl,385,314 Crl,962,352
4,952,275
Power
Light,
to be a subsidiary of Cities
stock, was denied Feb. 23 by
'K':".■ ..' ■.
."Consolidated
is
but a corporate arm of Cities
(Service)," the
commission held.
"Within itself it performs no functions.
Such acts
as
it does perform
are for
the benefit of Cities, not only because
Cities is its principal stockholder but also because of Cities' beneficial
ownership of the securities securing its bonds. To grant an exemption
to Consolidated would amount to a partial exemption of Cities, and we
have previously held that Cities should not be /exempt.'?.; v,; .
(The
Commission
granted partial exemption to Dominion Natural
Gas Co.,- Ltd., a Canadian
corporation, and five of its subsidiaries
with respect to their standing as subsidiaries of Cities Service.—V. 156,
p. 1016.
•
V
loss
exps
"
•
Traction Co.—
'Corporate Arm' of Cities Service Co.— ; Cities
An
application by Consolidated Cities Light, Power and Traction
Co.,. described by the Securities and Exchange Commission as.a "mere
the
B. S. and Canad. inc.
_
1,728,889
764,581
$697,836
.
-
Net realization on
and
Int.
Normal
royalties, &
rents,
miscellaneous
adjustment
Crl,650,913
losses
and
losses
La.—V. 155, p. 916.
New Orleans,
trustee,
Co.,
corporate, shell," that .it be found
Service Co., owner of virtually all
in
losses
net
of
excess
Insur.
■
857,379
for.
Reserve
•
.
profit--
Net operating
Int.,
"
'
.
amort, of emerfacilities, etc.—
prec.,
18,336,728
1,023,119
843,319
19,391,481
977,033
. 775,560
9,257,350
500,340
417,809
••
78,971'
fluctuations-
exch.
par
101
1951,
Held To Be
;
'
7
(& Subs.)—Earnings—
& Iron Corp.
Colorado Fuel
(Nos.
1,
Consolidated
Officers, employes and
each made
$1 and on
and 3%
refunding mortgage 2XU, 2'/2
of first and
$6,000
to 106, inclusive), dated March 1,, 1941, and!have been called for redemption March 1, 1943,
and interest, ' Payment will be made at The American Bank &
Trust
,/>—
of
bonds
March
4
9,228,959
etc.
Gross
due
.*
insur.
fees,
total
A
serial
.22,424,496.! 19,559,271
29.322,202
/
mfg. sales
6,277,742
prems.i't.V,1/:
.
^
Congregation of St. Anthony of Padua Roman
Catholic Church, New Orleans, La.-—Bonds Called—
(The)
v
23,656,159
commissions
Earned
Prov.
Dec., 22
and
inc.
Gross prof on
March 10.
both payable March 31 to holders of record
four regular quarterly payments of 30 cents
1942 the company on Nov. 17 paid a special of
a year-end of $1.—V. 156, p. 2036.
addition to
during
oper.
Sundry
stock,
capital
In
Gross
declared an extra dividend of 20 cents per
dividend of 30 cents per share on the
23
receiv.
'
2036.
p.
Statement for
Income
stock, par $1, payable March 15 to holders of
.
■
J:
quarterly
usual
the
and
.
Calendar Years
;
'
1942
1941
<
%. 1942 V
1939
1
■
;
$
acquired 569,496,827 1,018,586,326 845,258,802 625,868,942
Consolidated
<■
Gross
'
Cents—
share
f
,,
Distribution£of 20,
Co.—Extra
Molybdenum
Climax
owns over
Casualty Insurance Co.,
/
dividend of 15 cents per share on the
a
record Feb, 26.
A,similar distribution was made on Sept. 15 and on Dec, 15, last, as
compared with 25 cents per share previously each quarter.—V1(, 156,
stock of Manufac¬
: \
*7"'
95% of the capital
Philadelphia,"
;
acquired and now
turers
directors have declared
The
common
been
$6,042,015.—V. 155, p. 693.
$2,053,822; total,
fCompo Shoe Machinery Corp.—15-Cent Dividend—
period of five
a
,
stock
$258,140; customers' deposits on orders,
$2,062,860; provision for Federal taxes on income (less U. S, Treasury
notes, Tax Series B and C of $1,001,360), $709,640; prior years Federal
income taxes and accrued interest of a former subsidiary now liquidated,
$39,802; accrued liabilities, $146,691; provision for addition#
cost of
product shipped, $10,000; employees' war bond purchase liability jcontra), $22,777; common stock (par $1), $200,000; capital surplus, .>a38,earned surplus,
over
diversification, on Aug.
greater
of
policy
1942, the company acquired and now owns over 99% of the capital
of Pennsylvania Casualty Co., Lancaster, Pa., which has since
moved
to
Baltimore.
Also, on
Dec. 3,
1942, the company
24,
Liabilities—Accounts payable,
284;
its
with
accordance
"In
amortization),
(in process of
and licenses
/
/■
patent applications
patents,
amortized
$1,747,106, which is being
from dates of purchase.
gating
(contra), $22,777;
employees' War bond deposits
inventories, $2,183,850;
Monday, March 1, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
780
Glass
Co.,
Ltd.—Stock
Offered—
Corp., Ltd.,
Montreal, are offering,
as
agents,
a
(reported to be 60,000) of shares of capital stock ^it $27
share
Compare
glass
The
pany
was
incorporated in 1917 and is
one
of
Canada's
manufacturers.
capital stock consists of 319,570 common shares,
has 110 bonds and no preferred shares.
(Continued
on
page
814)
leading
and the
com¬
Number 4155
Volume" 157
THE COMMERCIAL & FINANCIAL CHRONICLE
*»
Stock and Bond Sales
DAILY
during the current week.
Stock Exchange
/
' "
v.-.
113.26
sales In $1,000
113.26
Total
1
in
) Low
[Close
sales
Total
2
In
units
$1,00
—
High
100.12
100.13
100.14
Low
/'.,■* V '.
[Close
Total sales In $1,000 units——...
100.12
100.10
100.11
100.13
100.12
100.13
100.11
100.13
2%s,
Low
Total sales In $1,000 units
100.25
j;
■
Total
3
100.20
Low
100.18
100.18
■
sales in
$1,000 units
11
[High
[High
2%s, 1951-53
Low
Low
■
[Close
•
[Close
Total sales in $1,000 units
Total sales In $1,000 units—
Holiday
■
[High
Holiday
[High
2%s, 1952-55
\ Low
[Close
3%s, 1944-46
Total
3 Vis,
;/
-
Low
Close
Total
sales in $1,000 units
[High
["High
Low
...
$1,000 units
2%s, 1954-56.
1946-49———————Low
v.
" '
[Close
3y«s, 1949-52
sales in
High
[High
'
| Low
[Close
Total sales In $1,000 units
:
2s,
\
1947
Low
[Close
Close
Total
Total sales la $1,000
sales
in $1,000
units
High
High
March 1948-50.
2sv
Low
3s, 1946-48.
LOW
Close
Close
Total sales
Total sales In $1,000
High
110.9
Low
[High-;
'
,
2s, Dec. 1948-50—Low
110.9
Close
110.9
[Close
■.
•
Total sales In $1,000 units—.
Total sales In $1,000 units.
u■'Z;//V/.;
[High
109.15
Low
109.15
Close
[High
109.15
2%s, 1955-60——.
sales In $1,000 units
Total
In $1,000 units
---
3s, 1951-55
2s, June, 1949-51—
Close
Total sales In $1,000
1
2s,
Low
units
1949-1951
Sept.,
v
Close
Hign
J
107.7
LOW
107.7
Close
107.7
'
c
[close
,
Total
sales in $1,000 units
[High
[High
2s,
8%S, 1951-54——Low
]
1950-52
Total sales in $1,000 units—..—
units
'
-
■
.
[High
.-{ Low
[Close
2s,
Z
High
108.21
Low
108.21
c
Total
[Close
-
[High
\
Low
[Close
—
sales in $1,000 units
—
Federal Farm Mortgage
-'Low
3 %s,
;
Total sales In $1,000 units.
f High
1944-64——.——j Low
[Close
Total sales in $1,000 units—
High
2%s,
••
-
■,
1948
Total
Close
.
'
,
In $1,000 units
:
109.4
*1V*
—
194S.«—
:
.
1
Low
-
—
sales
•
.
,
1%S,
109.4
Low
[Close
paleg In $1,000 units,.
100.12
100.12
[High'
,
.
Total
<
1
♦
[High
2%S,
•.
.
1
109.4
[High
',''
100.12
[High
■{ Low
[Close
.
.
1953-55
2s,
108.21
Iciose
Total sales in $1,000 units—..
2%S, 1960-65
r
1951-55-.——
Total sales in $1,000 units
Total sales In $1,000 units
2%s, 1958-63——..———.'
;■
Low
[Close
[Close
2»/4S, 1956-59.
f High
{ Low
2s, Dec., 1049-1951
Total sales In $1,000 units
',»•
/High
{ Low
[Close
Total sales In $1,000 units
Total sales in $1,000 units.
2 %S, 1948-51-————
'
Low
■
High
2%s, 1945-47
Total sales In $1,000
40
[High
100.26
$11
—
•>/
2%s, 1967-72
100.13
IK
[Close
100.26
100.25
[Close
100.26
100.25
Low
-
I '-v.
-
1V"■;[High
3%s, 1943-45
1963-1968
-
:
Total sales In $1,000 units
Feb. 26
Feb. 25
$1,000 units
High
—
Feb. 24
[High
Close
3%s, 1943-47
sales
2%s, 1962-67
105.24
units——-
'.-v.-
Feb. 23
2%s, 1956-58
■
Low
/"/•.[Close
105.24
33/48, 1946-56—J—
Feb. 22
High
luo.24
[Close
!•$■:.* :,;i;
v
the New York
on
'
[High
Low
;
Feb. 20
U. S. Bond Prices
Dally Record of
113.26
'
units
4s. 1944-54—
Total
Feb.26
Feb.25
Feb.24
'
[Close
r
sales In $1,000
=■
Feb. 23
*
[High
\ Low
4%s, 1947-52
Corporation coupon bonds
Figures after decimal point represent one or more 32d of a point (See note below).
Feb. 22
Feb. 20
U. 8. Bond Prices
Dally Record of
Treasury
■V/1
YEARLY
-
only transactions of the day. No account Is taken of such sales In computing the range for the year.
record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage
Below we furnish a daily
Total
WEEKLY
-
United States Government Securities on the New York Stock Exchange
^
v
New York Stock Exchange
«»
delivery sales are disregarded in the day's range, unless they are the
NOTICE—Cash and deferred
781
Holiday
Holiday
[High
Low
1948—
3s,
1944-49
Low
I Close
[Close
Total sales In $1,000 units
sales
Total
in
$1,000 units
[High
2%S, 1949-53
*
,
Homc Owners' Loan
Low
—•
-—-
High
Low
3s, series A, 1944-52
I Close
Close
sales In $1,000 units
Total
Total
("High
2V44, 1950-52..————• Low
In
$1,000 units,.,
[High
—J
1%S, 1945-47—.——
[Close
Total sales in
sales
Treasury
'
„
Low
[Close
$1,000 units-
Total sales in $1,000 units..._....
[High
,
2%s, 1952-54....Low
$1,000 units
NEW YORK STOCK
LOW AND
Saturday
Monday
Feb.20
Feb. 22
f per share
S per share
*56 '/2
*110
58
-r''
111
,i
573/4
—
■
46
46
—"
Z;;//
26%
16T'b
:
41
*65
V
3%
•'58
Ill
••'/•-
46%
*46%
47
47
9%
9%
9%
9%
263/4
*25%
263/4
16%
17%
/•4/17%
413/s
423/4
>
.
.
*65
70
,
3%
96
"4
—■
43%
*65
.70
4
*92
.
4:/,/
98
17
17%
22 v;
i':--.
'
22%
*64
17%
7
:\1
7%
148%
*77 >/8
7%
*15%
1%
16%
75
75
♦25
25%
55
55%
For
footnotes
12%
17
7%
8 3/4
8%
18
.
'
183A
23%
24
*65
7%
148%
69
*12
:
,
V
V
'/
7%
,
152
1
;
:
.
8%
18%
23%
*64
7s/4
152
9
8%'
8%
■.
9
-
20%
:
73/4
■
12
—;
■
■
—
—
'.
7%
78%
783/4
31%
31%
19%
19%
20
20 %
20%
203/S
x20%
1%
13/8
16 3%
♦15%
75%
75%
25%
26
54%
55
13%
l3/8
1%
:
1%
..:
•
1
Allen
600
Chemical
&
2,500
1%
163/4
17
17%
900
76
76
76
75
76
700
25%
26
25
25%
25
25%
—
see
—
56
56
56%
page
791.
54%
55%
55%
r
8%
Nov
2
18%
Jun
26%
Dec
Jan
Jan
Allied
5%
Stores
41%
Dec
Jan
69
Oct
43/a Jan
14
1% Mar
4
Nov
16
69% July
A Jan
7
25
92
Feb
v
943/4
Feb
%
Oct
3%
Apr
6%
Nov
2
Feb
25
3%
Apr
6% Nov
.
...
9
.
9%
Jan
11
20'/s Feb
26
18% Jan
11
24% Feb
25
16.
Jan
15
64
Jan
15
57%
Jan
19
:
140% Jan
9
;
103/» Jan
7
17
.
■
Jan
Nov
73%
Feb
Apr
77/a
Dec
Feb
20
3%
153% Feb
2
118%
Apr
Feb
25
10
May
Apr
8
Jan
22 3%
Jun
May
149
12%
Jan
Jan
par
No
par
("Del)
Inc
12
4
183/s Jan 29
6 % Jan
2
7% Feb 25
733/4 Jan
par
__Na
8
16 % Jan
7
783/4 Feb
26
64,
26/8 Jan
7
31% Feb
24
22
30 %
Jan
175/a Jan
7
20 3/8 Feb
25
14% Apr
19%
Nov
% Jan
13
1% Feb
25
U Aug
1%
Jan
1
.
ll7/a
4
Apr
-
July
Apr.
16% Nov
v
6% Nov
81
Jan
„No
...
par
..10
13% Jan
20
17% Feb 26
11
Dec
18%
x67
50
Corp
3,100
Dec
Apr
61
5'% Jan
preferred
American Airlines
16%
29 %
100
100
Agric Chem
Mar
25
28
18% Feb
war.
No
Mfg
Am
10.
443/s Feb
67% Jan
8
2
Corp
2,500
11
8
28
25
'..5
Petro
7
1% Feb
Amalgam Leather Co Inc_.
6% conv
Jan
Jan
9% Feb
preferred
Amerada
93/4 Feb 15
27
Dec
Dec
43
2
"
—
Apr
113
n
^ Jan 11
Alpha Portland Cem_
16
5%
.
5% Jan
1
2,100
76
Jan
6
par
Dye
Allis-Chalmers
16
48%
Mar
100
—No
—
Industries Inc
8,500
;
Sep
64
Allied
9,300
20%
7%
39
13
2,000
31%
7%
25
100
2,100'
7%
78%
31%
Feb
51%
May
>
war.
Allied Mills Co Inc
78
73/4
47
3% Jan
10
Allied Kid Co
78%
5
85
Alleg & West Ry 6% gtd
100
^31%
May
$2.50 prior conv preferred-No par
Alghny Lud Stl Corp
900
78%
31
67
'
"
173/a
31%
::
1
12%
79%
*15
—.
—
'
104
26
143/4 Jan
y
100
Min„
pf A without
-
31%
7%
Gold
17%
17%
1%
—
5% %
5
Feb
383/4 Jan
Allegheny Corp
5 % % pf A with $30
15,100. '
153 %
10
_
Albany & Susq RR Co
10,900
•;
8
8
*1.2
12
17%
■
'
Corp__
Inc
Ala & Vicksburg Ry Co
10,400
.
21
Jan
39
7% Jan
Juneau
Jan
112
23
25% Feb
Corp
Reduction
-Alaska
j*
16,700
69
153
153%
17%
24
•
39.200
>
•
-
20 3/8
23%
*64
69
f
V
:
1V8'.
20%
■
24 >/8
••••
•:
13,000
w
1
8%
14
17%
100
;-
1%
9%
.
*•/■.
/•4%.
*92%
100
-
8 3/4
70
•
4
30%
20
*1%
7%
148%.;.
1%
r
*65
Air
63
23
41 % Jan
Express
Address-Mutigr
10,400
4
Feb
110
__No par
25
Co
Adams-Mills
4,500
:
i*;.' {?'
*77%
307/a
19 a 4
17
—
79%
30 'a
*11%
——
69
17%'
4%
Adams
20O
,
443/8'...,
70
♦92%
i
'8%
.
18
23%
12
,•
4 8%
•
/
175/8
42%
3%
100
*92
:.
83/8
17s/8
14
*17
(1
8 3/8
7%
147%
*11%
-
7%
*65
8
147
.
22%
V—
69
8
/ 4. :
8
—-
77/a
7%
13
r'f
77/s
11,
17 S/8
*65
4
93/8
263/4
Steel
Highest
I per share
I per share
35% Jan
—100
preferred
Abraham & Straus
Acme
4,800
9%
26%
■
4 %
^
500
.
44%
435/a
.
'
1
IS
7%
9%
26%
•173/4 :•;W-' 17%
V 42%
,-
9%
♦26%
•;.-
47%
*453/4
47
<80
1 per share
37
51% Jan
Abbott Laboratories
80
r
.
39
31 Va
Lowest
Highest
f per share
Par
200
58
Ill
*110
-
37%
*36 5/8
Lowest
1942
Year
Range Since January 1
EXCHANGE
Shares
share
*57% i
57%
111
111
*25%
//,
'; 57%
111
Sales
the Week
1 per
I per share
37%
37/e
*90
*57
-
-
*36%
/ '■
17
41%
70
-
37%
46%
9 %
*25 %
110
*36%
--
9 %
# per share
573/4
110
••
Feb. 25
NEW YORK STOCK
for
Friday
Feb.26
Thursday
Feb. 24
t per share
Range for Previous
STOCKS
Wednesday
Feb.23
37 %
RECORD
HIGH SALE PRICES
Tuesday
V::p/
'
37 %
JSale of registered bonds, all others are coupon issues.
♦Odd lot sales.
Close
sales in
Total
Jan
14
76% Feb
16
43
Mar
70%
Oct
23
Jan
2
Feb
15
18% Jun
24
Nov
52
Jan
27
57%~Peb
10
25%
26
Apr
Jan
'WV-. w, 'If
;
Monday, Ma£c# li'-l 943
"
FINANCIAL-CHRONICLE
THE COMMERCIAL &
?82
•,
NEW Y0R1C STOCK RECORD
!
Saturday
Feb, 20
.
I per
12%
11 Va
12%
49%
50
12%
50%
50
■="33 V*
•130%
34%
4%
130%
33 Va
81
176
175 Va
•175 V*
31
66
66
20%
•Z 31%
32%
20%
65 %■
115
•109
*
*19■
17%
17%
'"J. 16
16%
16.
2%
2%
"6%
•
27
'•
•
52 Va
8%
44%
.
.
41
:
.13%
30
23 Va
23%
20
20%
7%
■
13
64%
40%
13
12%
13%
138%
'
•
••
•■53.
Z
.
.
.
138
8%
:
V
•
/
34Vari
34 V*
•
■
118Va
4%
/■::
05
'
-
5%
"
;■
I
5%
z:
12
I
57/s
50
■
■;.;
27%
/
r
1 1,300
115
j
\
33%
.34
7%
.
5%
,--
5%
*90
//
.;
76%
*73
*03
73%
73%.
30
8V«
*90
'
8
*74
67
32
7%
".*5% •'■•,.,5%
*90
101%
34
•
8%
76 Vz
33
Z, 31/
101% VZ
6,200
I
100
663*
66%
4
76%
;
r
100
48 Vs
/■ 74
' "■
■
/// 74 /
30%
49%
.75
...
30 V*
49%
74
//'■
31%
50%
40
144,100
75"Z':/iZ
30%
75%
75%
/,;>■ 30%
31%
50%
3i%
f" 2,200
120,200
'.25%:.
25%
*24%
*53
53%
*53 Va
21%
21%
.
25%
*24%
25%
25
25
53%
53V*
53%
53%
53%
22
.
.
21 Va
22
21%
21%
*105%
108 V4
109
*8'/a
*105%
108%
9
*1057/a
8%
8%
51
*50
51%
*50%
64%
64%
64%
*117
120
*116Va
108 V*.
*105%
9
9Vs
*50
64 Va
51%
64
' 120
118
9'/4
51
x63%
118
24%
■*10578
-'
400
9V8
9%
♦so1^
■■'.'■
51
62 V*
118%
117
v
63
100
V
100
•
9%
*8Va
•
32
33%
9 Vs
3%
*2%
3%
*2%'
*32 V*
'
■
9
9
34
•*2%
9 Vs
"3%
.
*33
,
•4 Va
13%
4Va
13%
7%
7%
8%
8%
7
7
:7%
7%
4%
*.
9 Va
*2%
35
4%
.
9 V*
2%
34%,
4%
.
*9Vs
3V4,
*33
'
4%
4%
4 V*..
9%
3
♦33
4 Va
300
34%
68
4%
4%'i
'
300,
60,100
•
9%
.'52%
Jan
6% Nov
/
Apr
Jan
59% ' Oct
;
4% Mar
,r"
//Z
A% Feb
26'
'Z/Z .14% Dec
24
May
35% May
132% May
29
Apr
,
9% Nov /
-
35 %:• Jan.
•
/
Jan/
43
148 V*
/
Nov
30*" ."
21V* Feb
25
15
Mar
21V*
Jan
99%
Feb
26
78% Mar
97%
Jan
25
14
Jan
5
21% Jan
2
4
14
127 V. Jan
:
:
42 V2 Jan
reo
43% Jan
2
2"
25
Jan
53% Feb
Jan
4:
5Vs Feb
*
42% Jan IT
i 24% Jan
2'
24
Jan
"4
;
"
5
20
IT
*
''45
.
Apr
Dec
3%
Apr
Feb
24
26
17
'
16
16
1
Jan 20
51
34% Jan
102;
2%
42>
:
12%
/:
-
.111% Mar
4% Jan
67%
>
z
19
Oct
68
Jan
21
Jan
33%
Dec
5% Mar
9
.7% Jan
7
5% Feb
6
4
8% Feb
J&n
79
26
30
Feb
16
53
Feb 28
"20
8 V* Nov
61% Mar
-
2%
79
31
■-:44'
••
-5prefefred—-111-—i—liixlOO
.18%
- Refining25
108 V4
3
4V^ conv pref series A——100 :
6%
Atlas Corp
———-———5
50%
6%
preferred—Ill—1'——50
52
Atlas Powder
,—-—No par
113/
5 %-convpreferred—100
Atlas, Tack-Corp—•_1"1—1-—-No par ' ,-'■7%
2%
Austin. Nichols—^Nrn pat
28%
:"/•■• .'$5. prior/A——No. par
,3 V*
Aviation Corp of Del (The)
3
-
:
4%
*
4% Oct
Apr
May
Apr
82
77%
Jun
.83
Jan
81% Jan
25
27 Vz
Jan
75% Feb 26
31% Feb 25
60%
Jun
Z 72%
19%
Jun
34%
Oct
Jun
34
Jan
.
-
15
16%
Jan
4
16
33
Jan
7
22 Vs Feb
16
108% Feb
1
9% Feb
51% Jan
25
28
46%
100% Dec
r
53
14% Apr:
99% July
6 V* Sep
19 '
4
14
Jan
9
Jan
7
43.
23%
May
May
118
111
7.
V.1V*
70)Jan
Apr
Apr
Jan
7
Jan
5
Jan
2
36. Feb .1
...4% Feb.15
10% Jan
2
2
2
2
:
Feb
Jan
16
.
Jan
Dec
15
3% Feb /5
„
45% Jan
109%
51
24
.
Oct
Apr
Feb
*
,
Oct
.7
9'/« Feb
118
12.:
Jan
.
Mar
65 V* Feb
,
-
Jan
Jan
Jan
28% Dec
18
'
Jan
Jan
50% Feb
26% Feb
Feb
54
Jan
July
6%
-
10.2 V* Feb
Jan "8
19
-
Feb
40 %
30
68
Oct
1% July:
Dec
36
Sep
Sep '
6% Jan
:■.
Jan
112 Va Mar
Z
Sep
Jan
17
Apt
6V4 Jan
:
30
Mar
'
Jan
Jan
28% Jan
Dec
27%
26
*
50
►
May.
7% May ;
4% Feb 26
2*
5%
107
110% Feb' 25
56% Feb
Jan
76% Jan
12% Mar
"
25
.
5%
.
38% Jun
Feb
19 V. Feb
-
=
:
'22% May
4% Jan
•V
33% Dec
"116% Jan /
'
2% Feb
-
Jan
Nov
Apr /'/v/Z/'A
70% Feb
. 't
51%
39 V* Feb* 25
"2
Jan
1%
39
12 V* "Feb
*
30
■"■
1&
Jan
50%
■
143%i Jan
Z."'/ 7% Nov
Aug
Dec
'
Jan 20
"49
/
Z.
: 3%
27
' 2
49%
Apr
22
Apr/ y
108% May
;Z
26
Oct
23
Aug ■;
134% Jan
Apt
17
113
<
//'"
Jan
24
' 5
2
3%
Feb
1
12
Apr
Feb
i:
11
" Jan
120
Nov
12
Jan
Apr
34%
.
21%
Jan
Oct
Mar
144
:
Jun
67'% Feb 17
6
Feb 24
Feb 15
49
28
Feb 24
21
Jan
:
36%
Jun
«% Feb
65
2
55»/4 Jan * 5
"■'
Jan
119
•
:
^0%
-8% Feb 25
35
3an 22
3% Jan
*
101%
17
5*
-
17%
t
;
27
^3% Jan "51
•
va
142 "■" Jan
115% Jan ' B
•'55
7Va
15
14
6
6% Jan
9%
23
*
129% Jan
136%
16%
15
52% Feb
2
"32 :
'
24
143 V* Feb
-
"
:
.
Jan
165
12
^.
May 4
14 V* Jan
'91
■
1,300
.
117
'
24'
17
22
Jun
1
Jan
Atlantic
7,200
142%
V
Apr
Apr
24 '
Atl G &: W I S3 Lines—————1
10814
Apr
3%
24% Feb
13% Feb
"
:■■
13 Jan
' 28% Jan
150% Feb
''
4,300
Feb
26% Jan
Feb
—1—1—1 '■'
'/'V'6%. 1st preferred^——l-l—-TOO :• -72'% Jan "IT
'■
59
Jail " 71
""'.7%". 2d preferredll™1—1-11100
29
Jan 15
Assoo investment Cqf
No par
100
Jan
4
/:/'•! 5' V/.;preferred__l-l——111100,•.
44% Jan
7
Atch/Topeka & Santa Fe____w--100 r,
,1 66
Jan' "2
'lv''>.;'5%:- preferred—1—100
26% Jan "12
Atlantic; Coast Line RR——100
500
'/■-'
53%
21%
Feb
lb'i
:
21%
64%:,;,'
*117
25%
*52
9%
51
64
-
.
<
'
IS'/s
,12%
.41V* Febf 25
*
■
I
102
119
26
17 V2 Jan
Elec.—t_No par
'Corp—1——Np par
-1100
'
15% Feb'26:! *
30% Feb 25
llVa Jan
"
100
31
102
■;/=: 49%
/
;/
/."
41% Feb
:12
.
Artloom
D6cZ
>'•' 23% Mar
19
~
1100
'preferred_Lu111
Associated; Dry Goods
24
24
■
i:i"T3'v
*
ArmstrongfOork Colli-——No" par
Arnold Constable Corp—1 —1_-i. 3
,
NOV;
7% Nov
19% Jan
■
/$6 conv prior preferred—"-INOlpar
1/jj..7%'; preferred—11—-1100
99
.
8
Vs
=
91
12%
Feb
"
1,700
*7%
■
'k
■
*30%
59
v
1 2,i6o
|
500
76Vz /
67
'/■ *64 '
102
:
'
99
8
•
*50
■•'v
*33 Vs
-7Vs
5%
5 Va
■
-
~
33%
:Z/.."7%"
-
:
76%
102
48%
29%
•
7%
59
■
*
>,-Z" 47%
74
7%/
5%
*30%
33
*50
33
99
*63
102
102
/
'
*74
07
*30%,
7%
*90
.
'
15
b4'/s Feb
•
*
•
\ 3,000
.
'./: 59
34
*5Vs
•'
99
i:< .7%
.
;':;./"/v'7%/
32
:'/" *50
100
153,700
.
May'. ^
21% May
% Mar
20
-
13 «/s Feb
;
5^
Jan
-•
900
1
'
-
Feb
2% Feb
5
-
16 Vs Jan
3,100
4
Feb '26 /■
Xl60% Feb 19
37 Vs Jan " T
/
Anaconda W. & Cablel———No* par
•
Z
/
'
19
22Vs Feb
T*2'/
Anchor Hock Glasi Corpl-L/ll12,50
111% Jan
\
$5 div preferredll^l"-—No' par,
10V» Jan
Andes Coppfer Mining—1—1—1-20
1 >/4 Jan
A :P W Paper Co Incl—-111-11113
.' 34
Jan
Archer "Daniels MI4ltd___—-Nop"ar
Armour & Co (Del)* pf 1%' gtdl.100
' *108% Jap
Armour & Co of Illinois———1-1-5 , ..':~3 ''.-Jan
600
i
12%
■
Jan
145
"yl'AO-. lst preferredllll——Z.3'o par
American Woolen-^Vli —l-No par
'
30
V
-
''
'
7
Jan/
,40 V* Nov
10% Jan
•.
Jun
65
Dec
5% Nov
/■'•'-'
'9% Apr
25% Feb
2
8% Jan^ 6
class •B-il—l-l-l——25
Water. Wks &
'2%' Apr
4% Oct
37".'
'
35% Jan
"--'-7.Preferred"' —•—1-1 I'll-—1-11;--106
Amer, Zinc lead St Sm'elt—1-1—1
v/llySS prior tonv preferredxl-l-ll-25
AnacondayCopper Mining^—11-50
130,600
s
1,010
;//,;/
39%
'
118,800
J
100
19 V*
12 V*
2%// 2%
39
-
4
1,500
27f
*113
,
:
■
26%
„
,/' 2%
2%
♦38% =39%
112
110% 110%
*110% ui%:
4% /•■■■ 4•:•'/-4%'/..'■ 4%:•/:.-/
/= 4%: *. 4%,
56
55 /' //,■
55% ' ,56' ''///:/
56%
:
39
4,500
19"
113
■
»
66%
*48
/'■ 27%
Am
1
6%
„/:/. /-66V4.
19
12 /:/
123,400
300
4%
.
"
Dec
'2,'■" May':
35% Mar*"'/6V* Jun
15
'1'", 8"
3
"27
Viscose. Cofp—-—1—1-14
American
7,700
56
"
'
:/-4.5 % ■ preferred—'—11——1-1—100 r*.
95
6%
;.'iv
28'/'/,
.
113
.
;• 2%
54 Vz
,
19
12% ://
2%
*64
/ 26%
26
//
113
4
'/
27%
'
4%
,
•
66%
5%
66
.
19 Vs
'
5
."//: ■:y'49/://,49:,, Zi//:
26
19 Vs
*110%
"
59
.v/
102
21%
Feb
12% Jan
| 8,000 vAmerType'Foundrie5:Inc_-_-_-^_^l0
8%
:
Feb
30 :
:
4
2
'54./;
"
preferred —11;
f
'/36«/4 Oct.-.
/.■
16 "''Apr
'
23% Feb 25
121 .' Feb 19 / ,113% Feb
i;
.35
Oct./
BVz Jan
:
>•
"Mar
8V-* Jan
2,
Jan
6Vs Jan
10 Vs Jan
Stores_X/rir——No* par
Common
'
•
Dec
'
154
.
Suniatfft TobaCedl--i-i_NO; par
Telep"'& Teleg Co—1100 -
"t6%
,
.
Fep 23
U-
.
2
18% Jan
AmericahTobacco-ll__-___^--—25
s
118%
■i ■■■;..
■■::•
4
Jan
; 16%
Amer
•
6% Feb,15,
' 2
r
8%
Apr
TVs Jan
25'
Dec
42 %:- Dec
,
x36%
>
'7V8, Feb
48
:
29
Jan"
V'.i'.
-
Am
1,100
i 4,400
I
370
,'■
34 V a
,
*117Va
65 /;
6V2
.
6%
;
50
38
54%:
,
,;/>■ 32%
/:/
7%
47%
1,300
I
53
137%
,,
x26
:
;
113,000
4
16
■
49% Dec.
v
2Va May
'
-
"
400
1
-
*50
28%
..
,
4
53Va'
-
67
47 Vs
A. 51%.
.
1
,,
52
52%
137 Va
8%
34%
■;.■'■ 6.,
11%
111%
3%
*
*112
.
12
/■ *110%
"
*30 Va
■
r
'68
25%
;
2%
7%
*100
99 Va
142%
42
,
144 % Feb
American
26
29r
10% Feb/23 '
■
,
American Stove Coll•v---:.-rNo par
-1 American Sug&r Refining——.—100
:"
Preferred" ——Hi——-.—^-100
5,000
i
A'23:.A:
53
*117%
"27% .'..28'
191/4
37%
76%
*64
.21 Va
142%
51%**:;
8%
<-
.
,
6%
5%
.
/:, 113
7%
*7%
A: 21;.. A
x25
'
.
2,300
Jan
-
Dec
2
"
Amef Steel'Foundrlesl—_—-N» p«r
•
A 1,600
:,A 99 Va
52%
A
i
14
13%
99Va
A 137
7,400
.12% A12%
'
,25bb
51%
'
65
*49
37%
99
*74
600,
-
y'V'J
143 V*
142%
.;•"■■'i:
5 Vs
.
65%
"
5%
*11%
5%
•7%
/■';.
49
■
y,//.;/ 2%
33%
*4%
|
23%
Feb
-
'
3 % Jan
7% Nov
25%
.
.
25% Jun
:
•
.
3 <■, Nov
,/■
-32V2Sep
89% Feb *26 '
American ShU'ff___2Ik——^------25
V'syvpreferred-Xii Vt-V-k-ii-LlOO':
"
•'"57%
1% Jan
lOV* Jan
;
16 V*. Nov
Jan
.
15
2
7% Jan
■:
100
l*
18%
.
Oct
TOO V*: Dec.
v,;
Jan
r-
25
81 Vs Jan 20
110%; Jan
^1————100
-preferred*"
270
/VA.:- n 60
151%
21%
"98
..
*8%.
8 Va
6Va
,
26
*112
59
*87%
:
27%
4 •; v
32%
.
13%
..25
51%
4%
"
66%
27%
/
53%
1
•41%:;;
23%
*149
23%
20%
..
.
52% |.
138
65
37%
■
^12,600
-
''41 v..
k:-
fv. 850 V
"v
:
41
•
5%
26
112
;
•so
'rA
:AA
34%
2%
3%
,A
;
l 4,600
;
3% Feb
2"
5
2'
39% Jan
"Americanfety Razor—18.50 :,
Americaii ;5eating CbL-__---No par
r Amer
Ship'Biiildtngr'.CoX——NO par
Amef Smelting & Tteffc— —par
i 1.100
,
150%
150
151 Va
13%
118Va
6%
*47;.
"
•
113
♦37 V*
4% Jan
:• 5%- Jan
u
32
34% Jan 25
36%*Feb
i
3% May
1
1
18
-16 V**' Jun.
s
,
Dec
22%,,'Jan/,"
May
.1
Jan
Mar.
•
,
//o,, 7%: Dec
%. Jan
Feb'26
4
•i
Jan
l
;
;
"37% dart 11
t
4 % f#Vconv- preferred—1—^—-l00 :
f-
0% Feb
.
47
Jan "2"
2
Feb
20 Va
103
.
7% Mar
.
54% Feb 25
: 53% Jan " 7
American Rolltng Milk———--—25
140,900
'30%
•
40%
A
3.2% „,12
-
•
25%
33%
"19%
;/;/
''98
*117%
5%
'■/,■
19'A
'*30%
v
,
A; 41
X23%
143 Va i
52 Va
8 Va
65
27%
*tio%
,
Z
25
i2
'
.
-1 .hL——-100'./,
Preferred
■
| 2,830
.
15 Va
14%
41%
*149
20%;..:
51 'A
"6%
■"
13%,':
137
62
y-k
5%
-2%
vv Xi—
r 13
12
150'A
4-1
■■'•12% "'A
34 Va
4% /"
49
30 Va
:
i5o
.
V:
118%
Z '. '
66
*11%
/
f/a
y:/Z 62 ■:'•■'':
6%
*112
-i,
"
4%
62
26%
"
130,600
8 A.;1,',;
■84
J,,*
;VAmer Po wer A* LightiL*—-r~sNo par
'<■; go .preferred——JVo par
"S5" preferred
JilLI——i-No. par
"Am Rad &r Stand ;Safl?y-—i-iVd par
6,500
12%
•
•
^AmerieahvNe*s GoJzj;.-~*~iNg':pttrj\<-'1
■.
13,100
12%
1%
preferred--—100'
:6.%;
500
114,000
170
63%
■:;
40%
'
24%.1 A
141%
52 Va
.
*117
■
25
7%
" i5'Ar«A.
30
i
150 V'a.
A 98
*25'
Va
51
51%
/ "■•'".8
7/" 34:
.
34%
.*19
i
25%
•'-■
•160%
12%
3,300
20
.
;
(22 Va
■..
21%
:,;V12A.A12AA^
,>A
40
20%
K 137% 137%
118%
5%
25
.
V-'.V'i-. ■i--
,
15
4078
13 V*
141%
1 51V4
■■'
52%
*48
25
25
139
66
;
2%
170
12%
64
12%
/
98%
'
%
;■■'-:... 2Va
.
.7%:: A Ah
.
*160%
23%
f
20%
138%
51%
6
23
••
:/;/''98;-
25%
4%
■30,
150.%
23%
20 V*
98
137%
Feb
Jan
3
'l12% Jan "T
5AmeF- Mathv&' Fdy("&brCS2zLN6 par. - < •*'
7% Feb 11
?:■"'Amer'Macn
.Meiaiiif-i'i—^No par
4 Anie^Metals Co Ltdiri,-:._i-lVo pa r •■; -20V4 Jan / 4
5,300
-
29%
25%
...
1
Corp,^—IVo.'por^
Preferred:
2,700
5
■
1
.
■
23%
12o
^
H
•■*•'
^ Ameficap InlVest Co of
. -y
^'V"',5 %n':<mnv.^r'efer-rea—"2_50"
2,600
8?/a
'
7
2% Jan " 4"
v35
Jan'; 5
150
122,400 & American" Locomotive____-l_No par y'.
10%
14
■
v.'Amer Tnternat,
300
89%
23'A
24%
;
;,;,8%tc'on^,^-eferred^i-—A-A----50':
'-k, r
15
19
»
v' V6%nbn«cunv; preferred-i-X"-—-100
200
i
■■
29%
'
2'A
X7%
150
.
40
40
*13%
,
20%.
8
29%
150%
13%
•50%
51%
45.
■
us:
VA
30
.21% : •22
15
40 Va
*147%
: ' 23%
23%
13
30
,
73% Jan
■
Dec.
92;
,.
Oct
Jan /
.110.
,
t
3% May
14
16
"127% Feb 23
6
.<
I* 2,900
t
6%
10%
2%
u
11%.;
."
*i49Va'
12%
23%
*61
2,200
}
40%
.
44 V4
•
23%
'■
150
40 v/
150%
■: v
i
■
-.6%, :T 6%
10%
125 i
64%
14%
40%
40'A
*40
■
3%
;*
•6%
'•■
■45.. A v
29%
.
■
y
>;Amerlcan.Home products--——__1'*;
&
.American ice—No f par'';
i 7,345
57%
■
40%
>
6%:r
23
7%
•
150
•147
8
400
.
.13%,
11%
29 "a
29
29 V*
40
33%
■A:'57
6%
10%
;
170
64 Va
;
/ZZlT%? 11%
ZI !3% 14%
150
*118
I
i
17% Jan
6
4i
13%
136 %
1'American Hide & IjeAther^ iAilil'
.
11%
25
"
3.Va v.: v'-V'3%
*118
22 Va
•
12%
."=
12%
:y
,/;*
•97'/a
3,200
36%
*33
87%; 87 Va Li. •■f ■;■"■. 87%
14
14 %
A.A' ;A: 13%
:
8Va
:'A;8;;A
;
25%
*160%
63%
12%
63%
13%
Jan
Jan
Feb. 17:
,2% Feb
18
7
39
;
;
100
.
15
1
25
18% Feb
8
43 V« Jan
Feb
.
9% Feb 24
!
1% Jan "2"
-por
{
1,700
20
j
24V4 Jan '21
f 1,900
I
;
,
Mar
2
5% Jan
"
/
-
May
1
Deo
33
,,'
May
69
97% Jan 27
15% Jan ' 8
4
*3%
'
18
105
2
101% Jan
.
2
1% Jan.
.May
.' 55% May
Feb: 26
22%
•;
4
14% Jan
par
preferred—--A.A.——-N6
,$7
| 6,300
1
Feb
,
6% Jan 26'
'
Co_i———r_20
:& For'n PowerJ—1—No
.
19% Feb
v
"
32%
3'A
:
A
•
■
■
.45
*
•
29% »
2 V* i,
A-A 7%
170
*160%
*11%
.96
74%
.
Mar.. : .176/
~
409% Jan ,28
5 i:
108 % Jan 28
Cd-_-i---.^-Aw 1.0.',,,.
,;;$7 2d preferred A-^--—■--No par
v!.
$6:preferred— —Ai—;-_lVo par
American Hawaiian .§S'.
A
8%
*47?47
;
40 Va
6%:
23-,",...
125
'
21%.
7%
-7% y
'
170
11%
'.18 %' Jan
...
,
Jail
3% Dec
.
2Q
6
AmericahVEkport Linbs IncliA^AAl
^
A.Arber
159
,
Oct.
•
130% Feb
-
I
Apr
Apr
1
72 Va Feb
.
6 Vs
33
.
Apr
1 Va
24
*.,
.49 Nqv
f
,
.
odt '
9%
Apr.
5&%
17,
; 33% Feb
Epcaustic Tning-.—-1 '
Euro pea n SecsJr.
; ^ - No par *}
Ame
v
i 3,000
54%
32%
57%
—
.
*39%
,
8 rv
_2Vs
24 Va
,2Va
2
V-
2%
20%
■
100
*
-
V' 6%
13%
29%
20 %
■■•13%.
7,300
*"*'
3Va
88 Va
.22.%
.
24 V*
39V*
1,700
i
8Va
.,
36%
■
57
.,
.
.10 3 V-
*118.
120
63 %
7-:
.7.%
22%
22%
120
V/i. 30
*28 Va
V.
v-A
■
30
•149
i
3
54%
-
.
'
3%..
.
36%
45 Va '•'/
,
.87.%
/ .13 %
7% /' 7»/a
19%
.
.3%
6%
•
10%
10%
23%
■
1
8%
".33'
32%
..
39%.
.
.45%
46
125
•160%
3
a%
88.
13%
"
7%
'22 V*
■
'
46%"f i
Z
>
5 6%
*6.
fj* ■ 1::+
-
•; 86%
13%
2
•
39%
6%
.
w
f'i 10%
10%
22%
'54%.
8%
36r
56%
40%
1
45%
47
29%
2%
2%
54
:.
••*3Va /
;■'■■% 3. ■'
.3:
6%
*6
88
*120
i
'2%
120
4% Feb .15
85% Feb
6
: American
.
'
10'A
7%.
7%
X26%
,
■'"."
Ame": Distilling •
.
f 1,400
24
.
2
64'A Feb. 15
A,,iif. pfreferredA^i——^u^.X.100
1 1,000
,:■■"
26%
y* 7'"'J
■
27
46 Va
"
A36.
56%
'■
*39%
88
•13%
2%
■
8%:
31%
31.%
A a'/a
V
.
35%
3
6%
6%
•45.
16%
2%
•
130% Feb
20:,
V* Jan
American Cftystal Sugar_.-i^<.j^l0
.
J'20
99%
■
;■■/
6 Va
6
18%
99%
.
7%
—100
Arhericah. Colortype
/,;
4
.
*
176% Feb '.
■
2,100
23
9
•
V
>
38% Apr
.•3% Mar
15
24
t
Am Chain & Cable luc_—-No par
700
y
26
I
Jan
V"? 5% conv preferred^
——100
American Chicle—AAA—-iu-M* por,r
Am Coal CO; Of Allegh Co N .J-A—25
t 9,700
16%
2 Va
*7
;//
3
•39 Va
,.f '
.9%
'
17%
A
16%
,
26%.
54
•
(46
3 Va
56
56
•2%
.Preferred
2,700
21
9%
18%
..2%
98
•
*19
100
16 V.
!
2%.;;..
.'
8%
31%
35%
■
55%
;t :■
2%
'
.45 Va
301;
3'A
35%
".
'16%*
•
54
■
8%
44 Va
3%
•34%
A; .A 5,000
*
Feb
51% Feb ,26
173
■
31 Va
3Va
2%
54;
8 Va
•
44%
31%
17%
.2% V
a;-'- 7. A\ ■'.7-:.A:'
*26 Va
28%
7 -■'■.,
.
22 %
24,200
115 ■ —
X98*
4
9%
*99 %
100
■/v 2%
27'A
•">. 52%
52%
8 Vb
.
,/
-
*22%
*109%
21
9%
■•'
18%
.
.16%
'
.
2Va
2%:
2%
2%'
■..
*2%-:
27
.
17%
*99 Va
16 %
'
*6%
7
26 Va
/ V
t
71% Jan
*
:
:
■
08;
*19
'
•'"9%
9%
17%
21
:
*19
..
100
*99%
100
•99
9%
-
66
<
22 Va
115
97
97%
**96'A
.21;./•/
8%
66 Va
66
*109%
110
.32%66'A
32 'A
7
#- per there
5% Jan-
24
35% Feb
5
3% Jan
.
.
■
Highest'
.
■'
.17% Feb
.
Year T942-..'
Lowest*'.
$ pef thare
# perthare;
•
4
127% Jan
>
American Can——A—25.
,'t Prefer red-—.-100
t American Car, & Fdy_—:-No par
'
'
■97' -1
'
■
8%
17%
•.
.//
21
8
v
97.
:
96
96
*18%
33%
21%
21%
115
;.Antier Cable St Radio Corp——^,-1
'
+
.,'2
Jan,
27% Jan
.
I
Highest
-•
5
*4% dart'
Americaiti Bosch Corp^_-^__„____ll
.No par
5 V* %'• torn preferred
—100
175%
175%
;.,■
47,
,
60
T
•
I per thare
' 2,900 A
;
80 V*
79%:
175%
,32%
66%
21%
*109
«
f
8% Jan
...
18,700
4%
4%
•
81%
79%
175
'
-;33% "■
65%
66
115
4%
•
<4,
■'-Am-Brake;Shoe &
2,800
Lowest
j
preferred_>„A_L^
6%
480
■
34
Range Since January
r
■*
Per
6,700
6%
'
130%
■4%
■
175%
32%
-21'A
20%
*109
4%
81%
175%
33
51%
7 ■'
34%
130% 130%
»
•.
■
1
Range for Previous
■
■■••
Bank
American
4,700
12 JA'
"
:
81
81%
nr
80%
*130%
130%
4%
■
80
34%:
34%
•130% 130%
4%
4%'
34%
130%
4 Va
34%
■' * "i
YORK STOCK
•:■ them
,
*
51
6%::
34% -.
6%
6%
■
•
..
'•■ArA EXCHANGE
the Week
there
p«r
12"
50%
50%
50 Va
6Va
6Va
5%
5%
5%
«
"•
12%
12%
12%
12%
50
'
■
"'per there.
t
1
f.per there
there
Feb. 26
Feb. 25'
Feb. 24
Feb. 22
I per there
r
NEW
Aalea fo*
Friday
Thsrtdtf 1
Wednesday
Tuesday
Feb,22
I per ahurs
,
<
.-STOCKS-
•
LOW AND
M«»4ar
PRICES
HIGH SALK
15% Apr;
2% Jun
,
/ Jan
9% Jan
:
3%. Dec
31
,
;
Dec
4Vs.Jan
B
13%
-
4V«
7V<
7
-•
13%
4%
.
4%
■
42
42
42%
15%
15 Va
-
43%
13%
:
13 %
16 Va
4%
14 %
14
5%
■
8%
/
14%//
S3;
9%
7%
43 Va
43%
."15.Va
15 V*
14
:■.
5%
26,300
55,200/
6%'
■
'•-'
7%
45 Vt
■
-15 V*
9%
7%'
45
16
'
"7 %
*7%
'
'
7%
*33%
:
7%
34%
13%
34%
*34
:
14%
7Va
7%
*34 3i
34 Vz
14%
14>z
15%-
34 %
*33%
153*
7%
7%
14
•14%
15 Vs
15%
*24Va
25
25
25%
25%
25%
*26
27
26%
26%
.26%
■26 Va'
112
*105Va
15%
15 Vs
■
.
*
105 Va
•26
,
*26
29
15 Va
15%
112
*105 Va
•28 Va
28%
28%
*25%
*26
-
112
-
•101
104
*101
102
104
9%
9%
9%
13%
13 Va
14
36Va
36%
9%
:
102
*9%
'
1'4 %
101
9 Vs
36 Va
'
15%
*543i
101 *.»
9%
15%
38
38%
38%
363i
36%
15%
*15%
15%
54%
*54%
55 Va
*26%
112
page
Bath
6,400
Iron
Beatrice
'-4
13 V2 Jan
28 Vz Feb
27
16
:
*543*
163s
*16
55%
54%
'
38%'
27
27
27 Vz
267s
10%
10%
10%
10%
10 Va
10 V*
60%
61%
60%
61%
61
61%
116%
1,700
'
117
117
*115%
116%
115% 115%
,.10
Jan
Jan
23
Se
Foods-/
500>
102
4
2
54% Feb
Best
14
No
7*
7
8% Jan
55% Jan
5
IIOV4 Jan
4
.
791,
-/4-
„,i
:
22% Jan
par
—
Steel' (Del)— ——No par
—100
preferred/-——
Bethlehem
*
12
Jan
Aviation——£1—
Best
.15,700
Jan
V* Jan
No par
Indus Loan—;
pfd $2.50 div series '38_No par
Beneficial
2,200*
•
Feb'-9
9
T1 ill., fin.
7
25
55 V* Jan
20,
27% Feb'25
10% Feb 24
61% Feb 24
117
Feb 24
Apr
Dec
Dec
12%
Dec
,18% Jan
.
x23% Nov
Oct
26
Mar
105.
Oct
30
Feb
110% Jan
9 Vs
15V*
97/s May.
54
24 %
Apr
July
Nov,
Sep
3"an
8%
Dec
,49% May
Dec
; 17%. Nov
39% Jan
46 Va Mar..8%
Dec
33%
Apr:
105
/
6%. Nov
Jun
:17%
36
13%
6% May:
..
Jan
% Jan ;
Jan
6%
Apr
9% May
28% May
/
26
16% Feb
,
.
Jun
64
15
38% Feb
.
Apr
23%
24
15% Feb.26
4
It
4,200
27%'
15%
20,-
4 Vs
: 7
4'.,/ Apr
12%
26 % Feb. 26
Feb 26
-
12
34 V. Jan
Pr
,
.: 27
28%
.
24% Aug
8% Jan
26
Feb
5
200:
26
Jim
4%
29
14% Feb
Jun
22.;, Jan
6Vs Mar ;
r
15
15% Feb
•:
9
————1
Bendix
11,400;
•
:
10%
61%
'
16
Aircraft/Corp—4
'
J.6V2'
543*
■■„,.
14%/Jan
Jun
4%
.
23,.
Jan
35
93
20
—
25
9%
2%
,V
103-
—i-No par;
Beldlng-Hemingway—
Bell
.
24% Jan
50
Beech-Nut Packing Co—
7oo-
20,900
-
23 Vs Jan
-No
Beech Creek- RR
24
Feb^ 26
*16 Va F<Sb
Feb
f
■ 8
5
2
7
7
—1
500
:
97s
15%'
-
Jan
par
_-—25
Works Carp—
140
104
13
30
preferred w w_/_— ——No pai'■
/ $5
*
;
5V4 Jan
12 Va Jan
Creamery-——
-7%- Feb
,
46":
9
Co/_J—•— —„—5
Cigars IncL——.
•Bayuk
600
28%'
116%
116%
-
•
Oil
I
_—50
preferred——
Barnsdall
II.IOO4
900
27 ;* •'■
10%
„
For footnotes see
15%26 V*
■
59%
61
116%
27
*09
9%
15%
15%
10%
28%
9%
54%
10 V«
*105Va
14%
16
59%
•
15
55 Va
27
27
-
15%
38%
•
"
r-
700
14 V* Feb
evb Feb 26
9% Feb 26
,
•
Feb
12
'
13 V4
■
<
:
.•
34V4 3:an
-—106
-u—10
Asphalt Corp—-,
'Barker Brothers——i——No par
5 Va %■
/
i4%y
253*
"27
29
"
■■
;
5 V* Jan
Aroostook/— ——50
preferred—
Conf
Jan
6
Barber
,
34%s'
14%
26Va
*105 V2
7Ji
*34%'
:
25%
26%
112
•
/17,400=
'
'
14
13%
Bangor '&•
440
V
'
7%
4.900.
-
46
15%
'■
■
3% Jan
:
^109
preferred—-:---..
4 V*
34,200
'
778
14%
91*
:
Baltimore &. Ohio/.—/— .——-U-100
■.
'"
7%
*43
14%
5 V*
.8%
■
Baldwin-Loco-Works v t C—J—13
'
•
Dec
66%
Jan
121
Jan
Volume 157-
THE COMMERCIAL- <Sr FINANCIAL CHRONICLE
Number 4155
NEW YORK STOCK
*
'
•'
f
*
'
*
STOCKS
*
Feb.22
1
•
-
7% •
''•1
> "-T >'
*88
■
;•
:
»
1
•
.
16%'
'
*
•
7%
17
:•
:
;
96
"
V
•
>•
-i";:
>
■
-17%;
.93 %
41 '•>
.42%
>42 %
19% *19%
19%
>19%
49%
93%.« 93% >
'
I per share
27% Jan
8
30»/a Jan
16
Jan
4
19
6% Jan
2
Inc
ft
13% Jan
5
—
Bloomingdale Brothers-^l—-No per
Blumefcthal & Co prelerired
-100
Boeing: Airplane Co__—
2,8001
Bohn
# per share
No par
No par
'
76
Jan"
30
18%
26
14%
25
17% Feb
25
" 10% Jan
4
97
"
Feb
5
'
11 %
8
23% 24
; 29 V' 29%
•V'
.
3%',
*
23%r
'A
29%
>
*36% >38
"*40
29%
21- >•// 21':
*28%
*
i.i .S'.i
w/'
38
"•
/>;■: >40
110
Bon
42ya';: 42 %r "330'
•
l
%
<
39
41:
"94% Feb
26
72 '
Ami, Co
,^-N o par.
;>"
91% Jail 12
__No;
class
'
39
*40
■•>:
1%
12% ; 12%
12%?
12%
*35 %
-
•243'^,:;i24%
-.».;
-
42%
•
*41%
•
V
.12%
12%
t
■
38
*35%
38
-
38% Jan'
2
•v
*14%
7%
14%
14%
/
,
>'■
8
.
.
15%
•
>■> 106 %>
*106%. 107
:.y 15%,
8%
8
107"
•
•
.—1
17
8
4%
4%
'.ST.
83
8%
8%
,
'
36
8%
-
22% Jan
,
17%
107
4%
85
§ 84 %
8%
-
107.%
'4%'
■
Borden Co
17
-i
23 %
v';>>.2r%"'\
22
85
8%
;"
17.
■
•/-,- 27%
V
28
>,
■•
/
:J.7%
23 7
■
56
*55 "w
22%
28%
23%
"23%
;
22 3 s
*28%
>
28%
*27%
-
May
95%
Feb
30%
Apr
40%
Jan
13 Va
■56
■
v.
•"
8% A-
■
17 %
•A
28%
;
•
.'•v
ioo'
: 24% Feb
30% Feb
9.
5% Feb
•28V4 Jan" 16
20
Jan
9
-15
Jan'
>
par
Manuiacturing__«_ ..No' par
Briggs
2
2% Jan
.—'—5
~..No
Bridgeport Brass Co_'—
•
600
May
17 %
Jan
Dec
55%
54
:'Sp. '<£•'
'
11
55
.55
*5411
54%
«
•
28%
*55%
■55%; r
11%
%Y> 54%
11%, 11%
:■>>,; 4- v,
4%
VC- *48 >;•>: .49. i
•
■',11% -»
,
8%
n
*47
28%
,
.
'28%
6%
*22%
;
••
,
*11%
4VB
4 Va
■V,
"
3,500
No
Bklyn-Manh Transit—»*..
11%
-6%
•
v
> 22%
11%
.'■•
«
11% Fen 24
24% Feb 24"
Oct
Mar
31%
Nov
May
20%
Sep
Dec
Xl5
19",
7%
Jun
9%
Nov
15 V*
Jan
21%
Nov
Jan
35%
Nov
Apr
43
1
41
>
>
27-
.—No par
9 Vb Jan
29% Jan
,
2,
8 '
par
26
; 43% Feb 25"
'
Jan. 13
s
.
Jan
Brooklyn Union Oas_—
300
3,200 >
130
(
-4%
1%
,
•
No " par
Bru'ns-Balke-Collfeader^_i.
Bucyru*i-Erie
19,600
13,600 •
540 *
5,100
17%'
Co^_'
<E G)
7%
Feb
30
17
% Feb
*
15
1V4 Feb
13% Feb
Jan
iV Apr
%
Jan
15'
1
Apr
1%
Jan
25
7
Apr
10%
Nov
28
Va July
35
Jan
38
Feb
16
2v..; >16
preferred—
No
Jan
'
Feb
25
9%
Apr
14%
Oct
9 Va Feb
26
6 "
Dec
8Vs
Jan
X103V4 Mar
112%
Jan
7>,
6% Jan
,
'-100
—i-
Mfg
13
4—5
———
preferred.^——
Budd
.
Budd
.
400
>,
22% ;■•
29%,
:
55%
104% Jan
12
par
3
Jan
77
Jan
4
Feb
13"
4% Feb
9
6% Jan
107
2
^^-100
—
WlieeL_——No
Buffalo
par
14'/4 Jan
26
86
Feb
15"
8% Feb
5
19% Jan"
v-^1.
Co.———
Forge
Bullard Co
2,100
'
700 i
• •
,*54,% >55%, r
>-54 V*.
54% V.
>" 11%n%:
>
800
100
4
'
■
2V4
Apr
3%
Dec
47%
Jun
85%
Dec
5%
Sep
7%
10"
/
17% Feb
'
-
47
28%V.
4
4%
11%> 11%
v:
4 Va'
•
11%
4
11%
% '.'-4%
:v
,
8,300V
>8,200"
47-
r
50 V
"11% V.11%
•'
75->.;:•>
♦y 73%
18
540
*18~*
24"
t>4
Feo
16.
Bush Term Bl<Jg 7-%
6,600c
•
Butier
>>5%
conv
' Butte
•
600
10,800
> 11%
11% '
1
>75%. 75
>18%
... 18%
c,
■>74%>>
>18% r
74 • •"••
18'A-
■
*
-
Feb
(called Mar 1
pfd
1943)
:•
Copper
Sep
Va May
•'.
51
"
Jan
2 Vs
Jan
1
,.
Jan
"28% Feb
20"
40
26
18
Jan
25
4%
2Vs
>
Feb
15
75%
Feb
10
12
,
Jan
Jan.
27.
1 % Feb
15,
26
Jan
Dec
22%
;
Nov
95
17
16% Jan
50% Apr
Va Jun
8 Vs Feb
Feb
10%
Jan
25% Jan
>
Dec
10
Oct
21% July
3Ve Jan
•
6% Mar
69 Vs
18% Feb 26'
;
Nov
24%
6%
Apr
23"
Oct
Feb
44
;
Feb
4V4 Feb
•
3%
Sep
19%
Feb
»
Dec
9%
Sep
23% Feb 25
Dec
Dec
55%
Nov
6Va
16
:49•
Nqv
57
23
7
16
Oct
20%
22
■
72
:
Apr
Jan
9% Jan
Nopar f
'"Participating preferred>___„r l()0
-Byron- Jackson Co
-No per
:
26%
May
14% May
53
4% Feb
27/a Jan
330 >;>
„
2,800
25
9"
5 V* Jan
20% Jan'
Zinc^i--———ft
>Byers Co fA M)
2,400
•
5
57,
4>
fi I
21% Jan.
preferred—100
19 Va
19
Oct
15% Mar
>11% Feb
4
Jan,-
16
26
57% Jan
,55% Feb
2% Jan"
41
preferred!—
Si
29%,Feb
"23% Feb
;
9% Jan
,
;•'•> 6% preferred *^-->-.^^.—>100
'
*73%' A 75 >;
V 18 4-> 18%
55"
$2.75
> Conv pfd $2.50 series—J—
Burroughs Add Machl«
No, par
Bush Terminal—
—>
1
3,100
:
28% •>28%
6% >-:7V,
24
*23
:-f
>»4 -.-J .-4%
'*'•6% ". ".7: -;•
23% >23%
.
2
26.
V
'
4%,
6 ■;
24% Jan
20% Jan
55% Feb
Watch_;
-
'
11V4
10
; 22% Feb 15"
—.—No' par
.-.
■■■;?■ 4-",'
—>—No par
BUrlington Mills Corp-.-->..
J.l
Conv. pref $2.75 -ser.—No por
Bultiva
7,300"
55 Va -•
:.".48V-T.
"28
- •
29;
?
4%
.
*47
6TB " '
23%
.
/>
18%
3%
25
5
4
*:■•'
Brown Shoe Co—.:——1 —No par
•'.
4,600
>23 >• .23%
55:
11%
4
:
28%
28%
■6%
.4
28%
Jun
•
)y/:l
56
54%
•"
":
48.
47
28%
22%
'
22%
Jan
l'/4
"
"
"75%
^
18
,
-
6.%
*22 %
».
"V-* V
4%
3%
*27%
•
■
22%
-
-:• .*74
.
•
:
>i>6%
f
V
49
.
Jan
21% Feb
33.
Jans 16
l37% Jan' |7'
—_5
Bristol-Myers Co_—
No par
-Brooklyn St Queens Tr^t-
3,000
•v,8%f
22%
>•>.'
57
,
;
4
3%
18% Mar
19%
2"
25"
24
7-
20% Jan"
t
" Briggs & Stratton^-A..--..—No par
300
.•
■
85%'
>
.
:••
■
•*17%
•:
"23%'-
23
56
•*55%
"
55%
•;*
1"
26
*
Bearing C6_.
Brewing Corp. "of America.
6.900
,o,9%
■
4 V*
85
?
22% >,.22% I:'
23%'"
23%
'55%:>' 56
'» *5415 ,V 56
■
'
Feb
20% Feb
"
Roller
Bower
.
7,300
•
t
*106%' 107.
-4%,,
85
.
> 8%
8%
22%
>56
Jan
Dec
:
17%
17.%
44%
,•
'
22
43
*
26%. Jan" 13
r
;••*., 37 ,V 37
f
xl'5.% ••■ 15% ;
.
'
*17%
Dec
21 %
-
107
4%
82%. 83%
">,/
>'>•> 8%
8%
Jan,
.-15
' 43%
&
15%,\i6
"> 8%
8%
107
>4%
4%
83
—•
.100
>
j-
42%/
v
:
•
>'
— — —
.V5
v
•...
;i«
36
15%•
8%
,
inc
(TheU—
Borg-"Warner Corp__i;_>_.>
'
V
Stores
par
Boston & Maine RR-j-d*.
-
600
1V4 ;i%,»i%;
12%; 1.3% >: ,.".,ol3 •'•-'•; 13%/.
"
,
,
1 Va
1%
i%
•
•-'
-
43
-■ ;><r
:.
•
,*35 % * 38
•
24%-v'::
43% -'43% '„•
"
4r
'
nf
1-%S'
,
*20% •'21%I>
-mi. y 11% /
"))'If-.iif
1%
v
•
11%
24%;
:
7,300
4,600"
•
>..
,
Bond
•
,
B_,
7,000'
:u'4% >4%/
29%
29% r
>
*20%; "21%
r,
3,800
.
..-'Class
'
'•■>"} '30% >30%
•
75
May
"'
:•
41
>•
.
■:
4% ^
29
> 11%.
24%
20%f
24%v"24%,
30%
...
29
-11%
24%
38%'
,
h-
■
20%--
.24
4%
A-
•:•••
20%
30r'
■
•
11%
•-
:
-
:;•>.
•21% V,.
-29
29
*20%
„
30 V4
rl
1k;
.
■
10%« 11%
•
'•■18%.
> 23%
'!■> 5%
4
•..
24%> 24%
'
' 41
'
>,
.
•
29%
.
3 %.'*■'* 4
*28% ' 29% /:;
; *21 ..',.22
y?r 10% Ml';
; ; 24
; 24%
19% -v"
23%
23%
29%
*
3%
;
i
=
Jan
f
94-%94%•'.
-42% in
'
■'J
*
:42%
*
July
13% May
25
Jan
*12
58
9
26
Jan
14%
'
17% Feb 25
Jan
7%
Jun
47%-Feb
2
Dec
19%
'
Apr
'
>
29
Apr
Sep
'
41-Ve Jarf 13
Highest
I per share
Apr
Feb
9.
14% Jan
—J-5
1942
I per share
7% Feb
»% Jan 26
Aluminum ft Br*ss_^——LS-
Year
Lowest
Highest
;
'
3 "■
93%
40%
*92%': 93%
Co'
Bliss Si Baughlln
19,800
,
-
Far
«
__No' par
& Decker Mfg Co
Blaw-Kuox
5or
10 1
"
<40%
Black
Lowest
i
f
:
.Bigelosr-Ssnf Carp Inc->.
3,100-
"* 10.200
•; —7oor
>;467i;-47%r
,
93%
; 40
.
s
e
r
•
;
"47*%
'•;'"
r
7%
" .vioii-: io«/4?
89%' 89% f'
..
17%'- "17%"->
47
I 92%
5
• ■
Range Since January 1
,
2.400
-
*16%->'47%<
•>
Range for Previous
YORK STOCK
EXCHANGE
I,
Shorts
-
--17 Va,f
.
"*95
"
•*89
C19
18%
•
:
*9% ', 10%;
the Week
pKere
,30%' >30%
"
-
>7%
NEW
Sales-, for
■
.
;■ # pet
•."•'3.7%
17
46%
46%
'29%^
7%
,17%
17
•
•;
18% 7 18%
17
•*89
>17
■*
thar$
29%
•>'
-*9% •40%
%T ic
46%
>
"
18%
17
98
v,
16 %
45
t per
■
29'"
18%
.
10 •"•'.•
*85
*
/.
■
10
45 %
per share
7%
Feb. 25
j
*28%
a
18%
7%
16%
< 45 V*
),v ft
FrMar
FeB. 20
Tbnrsday '•.• i
t
7%
17%
987
16%
,
Feb. 24
28%'* 28%
'1'J,
7%
16% > 26%
*10
/ lOVr
*
Wednesday
-
.
ft'
•,
4 per «nara
17%vl7%
'
'<
t
.
f per-share
per there
f58W28%
'
,
Feb.23
■
' "
'
y-A
,
.
Tuesday
Monday,
.
Feb. 20
■k:$
RECORD
^
SftUrdiiy
>M
783
Dec
'nvt
■
■
*
r<V'
•>.*:
>■
v"24%r*24%
24 ,/a '!' 24%
,*53v* >53% 4
1
V.-> 1 Vs
%•■.■:> 7%
>
,
16%
;
V
32%
.*39
;
90
•»
87%
90%
*53%
'/■
t
54
„■
'.'
-
•IVaO
■ ."
W «:%
•'r
6%;
vVVv
40
6"%
•
_
•
*39
-43%-
43%';
•
>*39. ? r
•_
'
91
Cannon
600;
3,500
29%
4Va
;
91% -91% ; " '
'.">91%
29 >
29% >29 %•:•■>•
4
-4% •".
:r
4l/a
-
j
y
87%
90
29 •"•"
V-
>
'
29
■>7-'
"
V 129%
*99
123
*
>29% ; 29%
630
19:
*18
19 Va
2% >:• 2%
"*104% 106 V
8
*4
122%
100
100
10%'
V
•
87%:
V*
87
v
»
91%
.
'
•
Case
7%
6%
14%
14%
4%
4%
::v;; *98%:
:>>>'• 37%
104
"f 4 :••;.
•
•
-
37%:
■
■:>?VV'4
i
•101
100
,
*
,
42
Jan
91% Feb
7
•
Feb
4Vi Feb
Nov
•16%
Nov-.
Apr
15Vs Dec
Dec
33
3%
/
Jan
25
32
4.,
.
37% Feb
' 4% Nov
f
38 Va
Apr
22% July
2 Va May
2_
17
Dec
89
Apr
77
26
Aug
7% Nov
29% May
1% Feb
25.
Feb
30
Jan
7%
9%
26.
Feb
Nov
Jun
27 Va
26
7Va Feb
40
53%
11% Jan
20.
6% Feb
't 25 y4 Jan;"8
;,;■
3% Jan, 8
6%
V> 7%
>> 8,600 i
> V 3,200
4,300
Central
140
3
Central
>7
■•>-•
102
•
,39%
39%
39%
•■> >;
17%
V>>V' 18%
18%'
40
■V>>4%
•4%
V:V 4%
>•
y
7%
40 Vt
■>
y>
4Va "-'1
40
40%
18%
18
5"
•-> 40
•:£
\ '•41% '•
;■;: ..Preferred
.
3,100
>
;.'■■>■■■'.'
•
Certain-teed
,
1,410' >;
Feb
26.
30
>30% Feb
101
16% Jan
Jan
28% Nov
3% Nov
3
Co.,—Lj.
> 6% prior preferred
,
L100
'•
:V
32%
16.
Feb
10
.
5
Feb
105% Jan
Feb
38
4% Feb
6%
.
66
1%
l
Dec
Dec
23%
Jan
2% Nov
Mar
110
Jan
11 >
Jun
26
29-
Dec
8%
Aug
Feb
Apr
1% May
3%
18
A': 2 V* Apr
8
82
July
104
27
Jan
35
1%
Jan
Oct
Jan
3% Nov
25
26'
>41% Feb 26
:
97%
75%
16
7% Feb
2;.
Apr
90
2
Jan
77
25.
26
'15% Jan
Dec
Dec
Jan
Feb
14. >
Jan
■•> Jail
29%
97%
Feb
;
Feb- 18
3
'•
Apr
Dec
Dec
120%
11
7
X33
par-
42%
Apr
Deo
Apr
20
2.
Jan
•>: 3
X100 ;
Copper—-No
Products———1
12
Jan
J an
,13,
130
Apr
3% Feb 13
105% Feb 24
4
78
Jan
82
24.
88
2
Apr
110
26
Feb
100 ;•> Feb
•
12
1% Jan
'
.
15
26/
Feb
123
:
2
97% Jan
,
—
Cerro tie Pasco
2,200"
•> 47
1
1
No par
Century Ribbon Mills—No par
10'
v
-
4V4-',
117
«% Jan; 2
76% Jan
tCent RR of New Jersey——100
100 1
4
preferred—100
Co_.
4'/a%
Central Violeta Sugar
>
102
''
k
100
6,700
f'
■.
37 v4 >' 37 %
4%
••
Lt
17.
7
Jan
96% Feb
100
par
6,000 '
■
,
14% "14%
•
/•
Foundry
111
'
»4%
:
2d preferred—44-'
5 %
•«".
19%
26% Jan
119"
54%
Feb
95% Jan< 26"
i
15
135
6
40% Jan,21*
No par
prior * preferred—TOO
preferred
Central Aguirre Assoc
105
5
m%
*98% 102
38
37%" •■>:>/ 37%
37%
:•
2%
•••
'
>14%
.3.43^
......
106 *5:
7%
■
19%
*104%
V
/:
91 % Feb
11
>127% Janr
prior preferred—L-J-—100/
Celotex Corp—i—No
70
'
;
-
V
>;>■;>>••:
i
3
105
77.% Jan
100:
TOO
4
—4-.
series
Sfr
;.>• ? 7 %
666
10% c
>88
Co—_
Celanese Corp pf Amerx
f
1801
330
..
10%
88
■'
4 Va
'■
3%
Apr
23V4 Jan
Dec
Oct
Nov
32%' Dec
1
'
*103
?
•vv.
36%
V
'
•
.> ;•':.
37%
,
3% :
; •■
3
*50
>•
38
13%
4■ 8%
•;
-
%
%
1%
>•'
1%
1%
12%
14%
*'26
;'v
-
■v.
1%
38%
"51%
•
.•••■•.>■ -25
1%
V
1
/■;
.
2
v ->
•
.
5
;>•
"
-
15%
I 2
*11%
•
18 Vs V
-■
1%
:
*73 Va
"•••
"V
>'•••••
r
12%
'
12%
100 Va
y
>•>•>
'25
ZiV74->?»a
>/•■.■• v.: 12%
.12%
•
100%
30
V
*100Va
30 %
:'v> *4
•>VV *30
4 Va
36%
,4
■>■■;■■»■
36%
*122
128
*60
26
V
;
>,;>■ 26
*26
26—-
•
27% >
74%
*33%
V-,r
.
'33% v>
104
37 Va
37%
87
.*112,
33%
,
,7
V
t
*102%
—
12%
13
> :•
V.
128
4%
*36%
*122 V4
•
74%
.
-74
13
'
*101
'
•
105
%%■:;
73%
74%
:
>
*12%
'
101
■*.
Mall
36
-
'
36
;>
13
*4
4%
•>"";- 37%
37%
Pr
pf ($2.50)
';
50 ^
-S
520
128
*122
*60
328
-
4%
600
37%
37%
:•■>• 500
*122
v..
74%
.'.112
>
35
*102 >■ 3C5
"
•
•■
>
—
"
*60
112%
112%
'•">'34 Va
128
74%
> 112 Vs
35%
35%
220 v:
r
1,300
;
105
*102 "
1-1
r
20
;
-
%
Apr
26-
2%
Jun
25'
1%
Jun
26
8%
Jun
25
4Va
Jan
14% Feb
.'•? 10
Feb
4
Jan;
6
4
:
15% Jan
V
18% Feb
Feb
39
Aug
17%
Jan
Apr
39%
Jan
52
Jan
1 Vs.Feb
25
12
4
24% Jan* 30
■■
Jan
J/4
■:
Jan
;
■>;;; -Vs
Mar
4
8%
Jan
15% Feb
.
•
2.
1% Jan
&
•
12 Va Feb
12
Jan
26
11 Vs
Jun
2
67% Jan ..7
Vs Feb
26
1
28
J
Feb
1
20
74% Feb
<
May
43%
15-
Dec
Jan
11
9
4
101
Feb
6
92
Feb
10
>36
Feb
26
32
Jan
13
5
Jan
27
33
Jan
13
37% Feb
26
28
Jun
130
Jan
18
18
120
Dec
67
•
Feb
2
J/4 Janj
10
96% Jan
2T
2%
13 V* Feb
2
130
68
Va Jan,
35% Feb
7
103
Jan
x86
Feb
25
Jan
|;
% Sep
1%. Sep
1% Sep
11% Nov
13%
2%
Feb
Feb
25
Jan
70%
Dec
10% Aug
May
■
99
Aug
Oct
34
Apr
3
Jun
2Vs Mar
67%
Apr
107%
Jun
Va Jan 22
.112% Feb
>109% Jan/ 4
28% Jan 22
101
Jan
Sep
7Vs Nov
July
26
Jan
13%
1726
nil
Jan
12
2V4 Feb
>, 13% Jan
2%
47
1% Feb
u
Dec
8% Nov
•
33
Jan:
•.,
2%
Feb
26'
50% Feb
•
Jan
26
Jan'
37,
48% Jan
Jan'
■'
6l/a %
preferred—
-100
City Investing Co..——:
..1100
City Stores
——-—.....5
Clark Equipment—
—.No par
C. C. C. & St. Louis Ry. Co-.—100
5 % preerred.——100
Olev El-Ilium $4.50 pfd—No par
Clev Graph Bronze Co <The)
1
-5% preferred.^———"——_100
24
1
6'
Oct
36%
i 98
Apr
3% Feb
7
9%
27Va Apr
89
Oct
100% Nov
Apr
10 Vs Feb
2
10% Jan
/>
v
3
41/4 Feb
5%
25;
Feb
7% Jan,
.
cum
110 V; Chile .Copper Co.——l.u^---l~25;.
9,700
Chrysler Corp_.l—-.15"
:
700 *
City Ice & Fuel.
...—.,-No par "
Feb
Va
99
•
Jan
18%
Jun
Apr
10-
2 >/ ■;* 40 >
2% Jan
>
1—1——No par
Co—
Feb
,5;
Jan
>:;/ 2% Jan"
7%
Childs
12.
33% Jan'
—-5
div—No par
Chic Rock Isl & Pacific—
.-1100
5,600 :
*3%
37V8V"
Co—
'
19
Sep
14%
93
19
95"%
!
50
Order
Chicago Pneumat Tool——No par
*>.■ •■/*■ .$3 conv preferred
No par
'''
4%
L-SO
Feb
105
13,:
15%
29
19% Feb 10
•
51
8
8% Jan
—-
1.01
36 >!'
*34
102%' 102%
,v
13
^
33%-
>112% 112%
>. 34%
34Va
33%.
10,5 •;,:■:
i
X73%
-
70
*67
112%j,
•-
•
104
30%
•
4%
*60
.
74-v
73%
♦101
■' >
33
"
'
—40
-
preferred
;
100
6,500 /;/ 6 % preferred—
TOO
V Chicago Yellow. Cab—
—-No par
>1,600 v Chickasha Cotton Oil———1.10
2% 1
'
103
Va
*122%
*111%. 112 %
,*102%
-
.
15% l'
A
preferred
Chicago
10.300
1% '•
1%
y'V 5%
6,100 :
1
12
15%
Class
—>
1% '
Mfg—5
■
25
•>>■•;>• ,73
•
300
2 V4
*11%'
> ;
•
2,800
>
>.
Cab
Jan.
Jan
18
Jan'12
18
99% Jan
1———-100
Chicago Great /West RR Cci.3
3,100
54
-
-
Chic 8r East III RR Co —.—No par
,
29,200
;
39
1
'
"
':>■"!%
J.%
2
9,100
22,90017,500
■
>17^
No par
& Fib Co—:
preferred
Chesapeake & Ohio Ry—,——1.-25
>'Preferred series A
——100
200
'
2
15%
<•.
6%
28,7001
y
■
■
,..Vl%
,
Checker
'
3%^
39 •'. ?
*51
12
•
15%
4 %
>>10%
17%'
>
T% '•.•'.
..
Cham Pap
No par
Chain Belt Co„
70
>-*
V> 9% '> 9%
38% '
4
600 i
600
'
>v,14->y 14 Va
'
54
•'••»•• 1%
1%
1%
10
1% •-•2-"V
12
15%
14%-'
>-•38%
--
->•
•
3.0 %
'
72%
/
' 39 Va1
: 98'/4-
3V4*
> 9%
>3.8
18% '
'
!"4
3%:
X, »51>
:
1%
1%
y;> 1%.
VV> : *11%
>•'■'•*96
10% V,
,
.
-
38%
> 1
'/.:.
15%
2;">
27%
v
105% >
:
39
:
-•
13%
;• v
54
12
*11%
»V; 15%
;
18
>v>io%V'ii%v:
4%
-
•-10%
9%
18
17%
•
•' V
■
> ■'• % •'
■M ^
>
*
3.8%
-> *103%
98%
--■...',3-
13%
9
40-
*96
4
10%
f 3%
3
13%
38%-
>'
•
> •-
12%
39%
•
'• 4%
4
10%
•
'
14%
2 .V>
*1%
98
>
-
.17%
54
'
*11%
;
*50
•
-V"L8
104- >
39%
> V'
VVf ^38->>;
V
1%
>?•
18%'
104
98
13% /
•>'v
'.:7.'
54
■•>
•
38%
314... >;
V 8%
17%
;
>
38%
104 V
>
>••>>
10%'
/
X18V-I
-
12 v,-y -> *11, >
r:.»
-•
4
3.
8%
17%
,17%
*38
.,
•
*10%:
V
98-
-
9%
.
18
18%
104
12 Va
37 v;
13%
,
*8% V
:
3%
-
-
18
18 Va
>:
103%-"V
98-
-
>
'■
9%
^
.,13
•
-
3%
91/4
-.2%
V,
;v;-
:
•
•
»io%
>•••>>';■
-TOO
*96
:
•'•
"
17%
:'y 103%
* 105 Va
*ii%;vi.2%
I
,—-—5
■t.
-
1%
5%
17.
32Va Feb
Jan25;
40'
X85
Caterpillar Tractor———No par
8,800
V
?.
%3A)
Preferred
4,900
>
.
122%
::%.•<»•.V99Va"
19%
•
2%
5%
*98%
,
V
••
18%
105
7%
'15
*4%
-
•
17% ; 17%
*18% >18%
>'
.
Steel <30——
Feb
,17% Feb
2>
4% Jan
„—(I/IO
Carriers ^ General Corp—1
100,
:
•
-
*122%
-
87% >::
r
135
V>i 47 >
;
;! ;K101
■
.
•10%^
%
'
2%
;
105%
.5%
■37
;
19%
2%
14%
104
37
•:>7 4
>; *39
19
105
4%
V
*98%
':■* '
2
::
:
-
2%
loe; •'
14%
.
>
19%
2%
*105
6V4
Va
14%
18:
7>
36% Jan, 21
i
Clinch & Ohio Ry——100
Carpenter
'
-
$3 preferred A—
Carolina
2,400
■
<15% Jan
—No: par
1,300
I
29% ■'30%'
••
>
:
122%
/;
-10%.
*87
.
*133
46
*100 :■•> 101
>
.
99%
10%
,
'>:•>;■
/>
•/>
101
90%
v
>■■;•;
•;
46
45%
29%
V
122 %
t-;v99:v
•
10%
87
"''V
■•> '
v
134 .;■ 134
V
46
91
,...91
;
3.36
•
45%
,
'99'
10%
87
->■■ v !
y
122%/.;,v,
•
99
•
,
V-V
100 %'
122
:? ; 99 v:V
10% 110%
87
7
*133
29 V*
••
-100
.
> 122%
yV
45
91
90%
r
136
V
44%
*86%
•>'
Mills—u
1,000 r
r
'V4Va
«
Cl'". '6V2 JanV- 4; ?
Capital Admin class: A-i—J——-vl".
»
91%
29
•
•
,
:>:■-•'
4% ">•4%
43%
"
91
•
29
•
h
■.
>:
'
'
*39
■
f
2
Jan
B
4,100 V Canada Dry Ginger A1«J
^L-5' ; 13% Jan, 13
30;
Canada Southern fty CO——---wlOO- IV 29 % Jan 23^
:
6% Feb; 91
33,900;: Canadien Pacific JRyX—JV---—s--25>
'>
C
■
;•
,
7*
>••"»:'
"7>/4 V
•)" >.40%
*39
!' >'V6% >• 7
Zinc-Lead-.,.—-——1
Calumet & Hecla Cons Cop
3
Campbell W & C Pdy-j^i
No par"
16,000 ■».
2,400'
•••:
22% Jan;
M
Packing—No. par
preferred---;—50
5%
Callahan
8,000/v
34' .: r.
*32%:
:v. >'■'.-> 6%'
i o%
)■$' 40 v
6%
6% /
•
-39Ve
39 Va
:>
"
34>V>.v>
•.
/
,
'
*32 V2'
California
3,000 V
:
f.r
■
98
•
29
*132
*97% >99
•
v> 8 >'■ •V8%(
7%- ;V 8- Fy -''•
;■ 1.7% " i7%:v'; ;V17%> 17% t >>>17%. ■17% >»;>. j -17.%:'i >17 Va (•
32%
91 Va
-
:>>:>>' 4 Va
44%
;
*.
28%
•
87%
;r; 28%
122
.;•,:■>
V136
v44%
4.1V*
yy?: 6%
Vt'r
6 v> 6%
*39 V..; 43 %
V
•
4%
*132
*39 t;V 40
90%
*4
;v>
t
4-
17%
>
'
54
y 7%; .>>:>•
32
VA
6%
'
*54 v4 ■
:v/i-v;y. )}■ 1 •%>';.'-
17% <i8r' t-A
'
rksV;-
,
46
;
Va
;V:V
I
*28','4 T 29%
r.
:
;
n 24*% V 24%r
'
"33
6%
V J:.':
5%
■
16% .17%
"
39%
;
■
18'
*32
,
6%
r,
5%
,
v
•
32%
*39
r\.
.
V
,-7%
V?-SV.17%
16%
:
.
6%
>
■
v
17%
24%; •25
54;' ,.•/
1%
>*53%
1-v; 1%
7%
.7%
.■dxX
7%
(.
17%
..
53%;
.*53%
;••; >.
25
24%
•,
26
22
26
95% May
May
39% Nov
125
Dec
72
Mar
112% Nov
31%
102
Dec
Dec
*
*85%
'
*49%: >55
41%
'*147
*740
'—
*104
'
19%
,T9%
16
35
*148
•
3%,
17%
!:
*104
;
*148
*85% >87.>''
*50
*63 Vs
,
15%
."3%
-
35%
64
;
105
>
<
*104
*
16%
r
20
>
16%
35% '■35%
w> 35%
36
3,100
*50
!
149%
-
64
*63
149%
100
100
V*
*740
105
19%
114
16%
'
>—
18%
6,200
*104%
f"119%"
*109 '
*16
4%
;
;
;
For footnotes
4%,-
see
page
791.
17%.
17 Va,
17 Va
.■
17%
*
•
105
19%
/
•
16%
4%
4%
4%
>3,010
6%
7%
7 Va
," TV»
24
33 Va Jan
12
36
Feb
26
19
150
Jan
8
4
101
Feb
2
63% Feb
19
11
18% Feb
25
103% JanT2
4
17% Jan
106 Va Jan
4
20% Feb
10
Preferred
> Class' A
.100
148
Jan
(The) —2—_No par
88
Jan
—...
—
Co
•
62% Jan
:—No par
—1—
5
5
5%
5%
6Vt
1.860
y-18 Va
18%
18
181
18 Va
13%
18%
18'A
11
-
3,000
copv
preferred
Colo Fuel & Iron Corp
.
'
Colorado & Southern_.il
-->4%
/
-
4%
let preferredi
2d preferred.
108;
1.——100
No par
2.50
2.50
May
32% Apr
25% Apr
139
16% Jan
4
Jan
56% Mar
55% Jan
Feb
11% Mar
97 %
Apr
10% May
May
13% May
96
17
30
84% Mar
50
Jan
44
Jan
36%
Jan
149
Nov
92
Nov
63%
470
Jan
Feb
17%
Nov
107%
Dec
18%
108
Oct
Dec
18 Va
Jan
%. Apr
4%
Sep
May
% July
8% Apr
5%
'
2
,
4% Feb
26
3% Jan
2
;
7 % Feb
25
3»
Jan
2
6% Feb
26
15% Jan
6
18% Feb
13
vol'.
Oft
■""-2V4 Jan
TOO
—I
ICO
—_—100
Columb Br'd Sys Inc cl A.
Class B
1
14V4 Jan
Feb
110
7-
Jan
> 47
470
—'
16% Jan
Collina & Aikman.i__—No par
6%
1,700
8
Intern Corp——No par
-$4.25 preferred———:—No .par
5,130
18
Feb
Coca-Cola
2,200
4
•-17%
16
43
Colgate^Palmolive-Peet..—No par
>
30
6%
•
50% Feb
2
•
1,500 ;
114
4
18%
6
Coca-Cola
—
3%
17%
Feb!
38% Jan
'
4%
•
5%
/
—
5%
3%,
5
--
Jan-23
50
Cluett Peabody & Co.—.1—No par
1,200
64
"
K-
—
*
V
18%
19%
16
*148
100-
84
Clev St Pitts RR Co 7*
.••■
77% May
9
gtd—1-50
Special gtd 4% stock—4—1.-50
Climax Molybdenum—
No par
/
2,600
*109
16%
—
>:/T—
*104%
133
87
60
"
109
V'
43
"18%
105
19 Va
.
r
18%
*85%
•42%
*740"
17%
'■'••
•
>;
99%
*63%
*740
18
'
*148
100%
•;%'
60
43
*
42%
149%
*99 %
/
.
>19%
19%
109 > 109.
,
17%
64
.
100
17%
3%
18%
43
35%
*740
,
5
*17%
149
99 Va
'
*3% .! 4%
>'
87
55
42%
35%
*63%
;
16%
'5
*85%
*50%
.
'
112
*109
,;
42%,:
"
18
105
•,
'
'100
!" 17%
;
55
42%
>149%
*99
*63%' ,64
'
87
*50%
35
v
,
*85%
,
;
.
42%
■35
i
•
•*
15% Jan
,
■
2
*
TTnU
1
8%
Apr
5
16%
Sep
Sep
Dec
nop
<
i
U *
•
,v\i.'>!:
!,\2.>V)Aj'.tn
jt
>
*.*+■
.,'
,
»
•
•
-«».
*1
.
f'
-
[THE COMMERCIAL' ^ FINANCIAL' CHRONICLE?
H
.
J1
>.
<w
di-dn«*tnki£A "i
'". ■'. !'
/J
>
v
'•
•"V
Monday, March 1, 1943
»■
•
Range for Previous
Feb. 20
# p«f share
« per there
I per share
I per snare
2%
3
«
I per *nare
.
3
3Vs
3
3
Sales for
3%
EXCHANGE
3%
*45%
49%
49%
49%
50%
50%
51%
513/s
513/4
45%
45%
•45%
46
46
46
46%
46%
88
88
*88
90
86%
86%
87%
*86'/a
12%
12%
12%
12%
13
12 3/a
13
13
133/a
33%
33%
33%
33%
34
34
34%
34%
34%
29%
30%
30%
31
303/4
31%
30%
31%
106
*32%
29%
♦105%
12%
12%
"12%
24%
41%
41%
42
41%
24
243/0
24%
24%
19%
19%
1934
19
19%
19
19%
18%
19%
19
19%
13%
/'
13%
13%
95%
*92
94%
*92
99%
99%
99%
*99
993/4-
l? 99%
*99%
18%
*96%
18
97
17%
97
r:
6
5%
18%
18 3/a
5%
•
"
18%
18%
1
97
96%
96%
;
1%
1%
10%
11%
113/4
1%
,
963/4
/
2%
2%
23/8
2%
8%
83/4
8%
83/4
;'>r; 8%
5%
5%
*5%
■!' 5 %
5%
5% '
8%
8%
40%
-;';s
5%'
9%
8%
40%
9
*39%
96%
963/4
97
g7
20%
21%:
21,
21%
;.
15
5
108% Feb
2
100% Mar
2
13% Feb
25
a#2 Jan
2
% Feb 15
42% Feb 25
7% May
3Sa Jun
5%
6
101%
♦1003/a
9
,;41
'41%
8%
,
'; 4i
'•
.
x30% ,31'
31%:
30%
-
9%
V 9%
10%
413/4
42%
43%
10%
-/
I
10%
5%
30
29%
30
30
30%
29%
30%,
22%
22%
22%
22%:
23
23
23%
23%
11%
11%
11%
393/4
39%
57
,
57 y*
4
1%
18%
*
—
1%
1%
14
23%
23%
24%
23%
.24%.
X42%:,\42%
42%
4234--
200
13%
13%
13%
91
90
90
"
91
34%
35%
-
34%
•35% I-
76
76
76%
76%
10%
103/4
10 3/4»
i
76%
10
/
25
45%
f
8
105
*95
*84
87
*84
19%
19%
197/8
1
4% Jan
8
5% Feb
25
5
25% Jan
8
31% Feb
26
18% Jan
2
23% Feb
26
Oil
Del—
of
Preferred
'-13,000
V
1,100
;
'
/
96
96
Cushman's Sons
87
*84
87
193/4
1,200
43/4
100
43/8
4%
19%
*4%
*17
183/8
31%
32
*32
15
*14%
'
32
15%;
*110
12 3/a
30%
32 3/8
14%
112
123/s
113
12%
*14%
1
$8
9% Jan
/
7%
.
30 Va
31
*31%
1%
-
11%
4%
5 Vb
1%
V'-
5
1%
-19%
■■■''
213/4
13/4"
'11%
183/4
;
*37;./
40
,v',:
/
31%
31%
14%
14%
12%
30%
14% May 1
26-
32
Mar
13% Feb
15
10
91% Feb
9
77
Apr
May.
-•■35% Feb
5
23% May,
;
22
29 %
22
19%:
1%
1%
♦37
r
19%
40
r-
11%
15%
*14%
>:
109
39%
Jan
■■V 1% Jan
2
30% Jan
2
17
2
par
Jan
6% Jan
23
:
22%
J29l
29
39%
;
39%
11%
"
863/8,
: *n3/4
12 3/4
39%
39%
*38%
22 3%
22 3/8
23
17%
17%
17
17%,
61
62%
62
63
*134
22%
29"
18%
143 %
135
20%
20%
6%
6%
*10
10%
*116%
125
144%
11%
24
11%
23
2
83% Feb
*38%
123/4
39%
39%
23%
'
86%
24%
'86%
12%
..*
x23 %
'.
■
86
v
•
12%
*38%
233/4'
'
12
39%
23%
235/8
203/4
24
12%
,
110
1,600
.633/4
1343/4
135
63%
134%
203/4
' 21
.
6%
6%
6%
,
10%
10%
125
*116%
125
*116%
146%
1453/4
1263/4
*126%
119%
119%
119%
32%
32%
4%,
4%
32%
5
153
152%
152%
179
179
32%
5
32%
125
119%
33%
5%
5 3/8
223/4
-
6%
*10%
*116%
146 3/a
127 ;
1343/4
•8,600
3,500
1343/4 v
6%
125
1453/4
126%
*119%
33%
5%
5%
152
*178
182
*178 "
179
179
179
37
37
13%
13%
13%
33%
35
34%
35%
12
12%
36'/a
36%
37%
4,700
600
/
57/a May
Feb
10
84
Feb
10
44
Jan
4
20
Feb
15
12%
Jun
5
4% Jan
29
2% Apr
Jan
9
9% Jan
Oct
/'K.81/
//;. is
15% Jan
8
Aug
102
Mar
4% Apr
114
Feb
16
—1
10
Jan
11
13
Feb
18
No par
26
Jan
12
31% Feb
15
18%
-20
Co—
&
29
Jan
5
323/8 Feb
24
-10
12
Jan
2
15
Feb
15
12
—
.
83/4 Jan
: .100
Hudson—,—
&
.
Raynolds A„
No;
2
'•17%
par
«
26
V
Jan~~7
:*
37
V-
Jan;
■;
v
NOV
oct
1,900
30
3,400
3%
33/4
3%
33/4
3%
3%
18,500
37%
38%
4,800
33
33%
34
2,100
37
37%
37%
38 %
39
40%
40
40%
40
40%
4,200
26%
26%
26%
26%
27%
27%
27%
28%
64
*61%
64
67%
*65
68
71
*71
For footnotes
see
page
791,
63%
*65
72
%'
%
4%
64
68
72
%
43/4
72
%
51%
114
51 %
114
4%
*64%
68
4%
67%
68%
73
75
%
*263/4
51%
*113
4%
*64
68%
*73
273/4
1,700
51%
600
114
43/4
10,700
66
200
68%
400
75
ft
40
180
II
14,300
Z 16% Mar
39% Aug
9% Feb-
■22%
Dec
-87
Nov
Feb
5
28
12% Feb
15
73/4 July
32% May
•29
Dec
16%
; 26
Dec
Jan
70
9% Deo
Jan
11
26 % Jan
4
18% Feb
26
8
Apr
Feb
25
51
; May
703/4
Oct
1363^ Feb
2
95
Apr
134%
Dec
23 V* Feb
26
40
•
;
?
64
116% Feb
13% Mar
2 3/4
Apr
6
8
Jan
9
112
6% Feb 25
10% Feb
Apr
'
Feb
16% Dec
163/4 Dec
7
Oct
10% Nov
120
July
1023/4 May
144
Jan
127
Nov
117% Jan
13
119% Feb
18
111% Mar
118%
Dec
1
31% Jan
19
Rolling Mills—
5
Eastman Kodak (N J)——No par
3% Jan
146% Jan
20
33% Jan 22
5% Feb 26
1
156% Feb
108
178
Jan
18
179% Feb
16
170
Mar
35
Jan
19
37% Feb
26
26
May
11% Feb
133/4 Feb
5
11
Oct
15
30% Jan
35% Feb
24
20%
Jan
30
10% Jan
12% Feb
17
97/a
Dec
13 3/a
Jan
l3/4 Jan
2% Feb
4
ft Feb
1%
Nov
1% Jan
4
Feb
15
%
1%
Nov
100
1st pfd
6%
cum
100
4
preferred
Eaton Manufacturing Co
Auto-Lite
Elec & Mus
37%
6 % Aug
120
,
Boat
-2
(The)———5
3
Ind Am shares
Electric Power &'Light
No
No
No
No
par
.
16
15
15
Electric
363/4
4
12% Feb
Jan"
16
1,700
33
5
Jan
19
23
-
27%; Jan
146% Feb
7,300
37%
43/4
5% Jan
9
Feb
Oct
37
21
126% Feb
2%
33%
4%
8
16
Jan
'..1% Sep
18% Jan
5
12%
36%
4%
12
Jan
i
14
,:
8
2%
32%
51
j
56
v;
Jan
12%
35%
114
5
>
,•
Apr
Oct
Oct
Jan
Feb
23/4
313/4
51
20
Jan
130% Jan
:
Jan
" Apr
33% Apr.
25
18
20
A
11%
4%
:
14%
18
Nov
13% Nov
116
12%
35%
114
38% Feb
223/8 Feb
•
5
Dec
30 Va
86 3/4 Jan
k
2
15% Jan
-
/
Edison Bros Stores Inc
.
Jan
23 % Feb
Dec
125 3/e Jan
Electric
313/4
51
No par
1
10%
27%
134
1,100
3%
113
International—;
Duplan Corp
—No par
8 f* preferred—
100
DU P do Nem (E I) & Co
20
$4.50 preferred—
i-No par-
Eastern
35%
51
Dresser Mfg Co
Dunhill
Eastern Airlines Inc
31%
'112%
Dow Chemical Co_
4,100
35%
51
No par
j—No par
Douglas Aircraft
3,700
.
v.
-No par
10
.
/
8
83% Jan -13-
Ltd———No par
Duquesne Light 5*
31
114
Dome Mines
6,000
23/4
*50%
No par
————No par
Class A
Doehler Die Casting Co
133/4
12%
17
Jan
110
.
*
20
21% Jan
•
—100
Dixie-Vortex Co—
-
35
2%
25
Dec
4
173/4 Oct
12% Nov
27/b May
7-30
6
•,
8% Jan
*'
13%
12%
26
39 % Feb
Jan*'6;
'
No par
5%
34%
2%
*1125/8
Corp-Seagr's Ltd
pref with warrants
•
13%
12%
26
i;
37
partic preferred———. -25
35%
23/4
;
Feb
5% Feb
•
25% May
9% Apr
7 '
Jan
1% Feb
T!
% Jan
—2
Distil
•
Apr
19 % Feb
2
3 % Jan
116% Jan" 12
—: -20
343/4
3%
%
Oct
32% NOV
20% Oct
25% Jan
20
Xl3%
2%
*
Sep
-
95
108% Jan
50
33%
151
800
.,
7„
120
152
36%
1,900
126%
151
13
10,200
-
10%,.
144
-
500
23%
152
35%
36%
6% '
10%
32%
5%
•
:.
151
35%
33%
22%
6 %
10%
3%
71
2
Jan
15% Feb 26
Diamond T Motor Car Co
300
39% '
233/4 I18%
20%
400
23%
64
134%
'^v
'
*38%
-
.18'/8
2%
67%
.
Dec
Jun
2
6%
2,100
-
:>
18%
12%
*62
Jan
19%
100
18
Jan
-500
•
"86
64
2%
4%
/
#
80
33/1 Jan
Chemical Corp
Diamond Match—l-——No! par
1,000
;
1,500
17%
12%
3
Dec
13%
10
12
Devoe &
2,080
12
63%
13%
33%
k
Z
16
17
Detroit Edison
•
;
17s/8
633/4
10%
180
*13
Jun
95%
'
Feb
9
6,300
:"r
17%
145%
120
*35%
140
v
Feb
24%
Detroit Hillsdale & SW RR Co.; .100
39
/ 11%
.11%
12
1263/s
*119%
*179
Nov
.84
Jun
15% Jan
—8
4,800
*
4
/
86%
127
*126%
43%
25
/
84
Delaware Lack & Western—— -50
fDenv & R G West flf# pfd— 100
-
'29% "29%
'39
39%":
24
'*
*86%r
12%
146%
127
32%
12
Jan
133/4 Jan
/9
/Jan
h.
13% May
26
100
Delsel-Wemmer-Gllbert
40 4.
-22%
29
39%
*119% 120
1433/4
*126%
152%
25
2
Delaware
"
*116%
Feb
50
Sep
88%
39% Nov
Jan
26
18,200
19%;
*37
22%
28%'
39%*
24
>
135
*6%
hi
Jan
40,800
"
11%
23%
*10
17
Jan
Preferred
1001
f
-;
12
11%
19%
40
"'
>■
20%
Feb
Feb
'
24
86%
-•
-86
*12
135
Mar
26% Feb
•
12%
*
83/4 May
13
Jan
/
Jan
90 v
96
'
-
'
Jun
25
17
900
>
5%
:
T % '""1%
19%
*37
:
23'*"
•
39%
11%
233/4
11%
24
-
15
88
23
102
100
pfd
.
86
15
Nov
41
Jun
3% Feb
8
No par
—No par
inc V%
8%
5 a. Jun.
Dec
20%
"
/
Jun
63
>>
Jan
19% Jan
8
Jan
'
24
Jan
14% Feb
'
.
18
-25
Deere
13,900
>
'
•'/ 5%
"■'/T%
53/8
V5%
•••- -
19 "'/
-
40
29
29%
*11%
15
26
4
18
Decca Records Ino—.—
'
*38%;
.
Feb
8% Jan
9%
••
25
.77
.14% Dec
53/4 May
Feb
1
10% Jan
'
Feb
<24%
42%
;
(The) — —1
Dayton Pow <Ss Lt 4%% pfd—.. .100
1,000
31%
V
-
"11% "11%
11%
' / 5%
5
•
,
■■
r
Dec
15
74%
No par:
1
;
preferred
Davison
15,700
113
12%
32
14%
15%
*110
v
'
19
Nov
16%
7
9-
Feb
105
"
10%
11
10%
*
,
98%
Jan
10% Feb
7
•
Jan
100
Davega Stores Corp—
Conv 5%
preferred
18%
15%
12%
32%
.
*17
15%
303/4
•<
v*4%
-
183/8
1*17
14%
*110
31
/■* 143/4
18%
14%
13
30%
30%
32
4%
*17
112
*12%
13
*12%
*4%'
143/4
*109
112
*110
43/4
183/8
14%
:
143/4
14%
*37
Jun
>
12%
% Nov
D
"
43/4
V»,17
;
Apr
22
■"I'
43A
11,
71% Jan
/'
"
10%
2
Jan
Oct
3% Nov
2% May
hi Apr
85
4,
100
No par
Cutler-Hammer Ino
19%
.
32
Dec
,
19
"
81% Jan
Dec
58
179
Apr
24
11% Feb
I
6
5
No
—
y
37%
,
16% Feb
.1.9% Feb 26
12?;
.
'
'
101% Feb
15'
183/8 Jan
7
,
16
4
Jan
4% Feb 26
159 -
Dec
"1% Feb
;
5
9
—30
preferred
Prior preferred
Curtiss-Wright
•;
2
•
Jan
11% Jan
;
Preferred
220
li Jan
—-100
preferred
; Curtis Pub Co (The)
31,600
2
2% Jan
16% Jan
No par
Inc
*
14% Jan "'2,.
100
Press
4%%
23
.W---5
Cudahy Packing Co
Cuneo
"lO
;
179% Feb
95
preferred
preferred
conv
2
Jan
'■
Nov
21 % Nov
': J 12% Jan
'
51% Jan
Apr
37% Jan
Preferred
6%%
Apr
42%
No par
preferred-^
conv
23%
15
1
.--100
—100
Cuban-American Sugar——.——100
5%
26
"
—25
Cuba RR 8%
Feb
58% Feb
"42
45 ~
,
Mar
2
,v
preferred————100
of Wheat Corp (The) -—*.-2
$5 conv
48% Jan 29
6
4%
27%
Apr
20
Jan
Dec
■
Apr
Jan
Dec
8 3/4
Apr
8%
Jan
176
conv
$2,25 conv preferred-—
17
50%
:
53% Jan
'
Co_
24
/
42%
23/4 May
37
——100
-
Feb
2 8 3/a
'
45
—20
Bank Trust Co
.<' 12
7
x9% Jan
^Crucible Steel of Amer—No par
810
•
Jan
Apr
———
Oct
Dec
103%
Apr
Motors
Jan
16%
Sep
5,000
*84
.33%
Nov
'
Apr
5%
3,400
10
/1*1.9%
7
Nov
96%
Apr
77
•
30%
46,200
87
1013/a Feb
21%
83/a'
20
19%
5■
26% Jan
Jan
v//7
20
Crown Zellerbach Corp.
..
9 .'
39
5
15
100
*95
100
Jan
96
2%
25
26%'
24
No par
———-100
Inc.—
Can
23%'
25%
8%
23%
233/4
25
8%
26
8
8%
233/4
13
23%
25
253/4
25%
8
233/4
6 3/8 Feb
26
Cream
500
■
49
49
7
Jan
"'
May
Feb
160
10,500
334/
3% *
50
48
47
/
33/4
x4% Jan
Oct
Nov
8%
r
•
11% July
Feb
(• /
19%
104
*101
17
10% Feb
o-.
14
*183/4
1"
21% Feb
44
96%
13%
19%
104
3%
33/4
*91
6
Crosley Corp (The)—
No par
/Crown Cork & Seal—i-i-.—No par.
109
*102
14%
*183/4
*101
91
j-c- 7% ••-8%'-':
8
-96%
.
14
'* 101
3%
*95
87
•
19%
25%
:
7%
*91
14%
101
45
23%
105 •//;
*19%
13%
K *183/4
33/8
45
8
'%
•
>: 109
*102
,96%
?
19 5/a
103
3%
•:/; 7y8
7%
109
*91
14%
*183/4
:V
7%
*102
.
96% 1
,
10%
10%
Jan
Jan
3
7%
Jan
7
5%
3,900
"
35%
7%
109
*101
23%
*84
:
13 V2'"
■
90
76%
10%
.
253/a
*95
13%
V
90
75
7%
47
7%
r-
34%
i
34%.,;
■"
*91
33/4
25
13%
16
Coty Internat Corp—
^7,200
43%
13%
Corp of America—25
preferred—:
Crane
3.300
11% •;11%.'>
'
No par
82 '
.
/1,800 '
22
*
103
23%
19% .193/4
t'
22
T
:"t
.
21,700
"
19%
*43%
193/8-/
15
26
40 3/4 Jan
(1,040
/' *42
14
*18%
3%
100
13
Feb
Corn Exch
4,800 \
163/4
100%
16%
-
43
*102
*13%
33/, July
4-3/a Jan
43
4
22
,:!
26
97% Feb
2,600
,1%^
:"•/1%
'
-
100%
70 ;
11%
13
96%
1%
4% May
No par
Copperweld Steel Co
——5
Conv pref 5% series—
—50
«
..
9
Jan
15
26
9% Feb
Jan
3/4 NOV
'
Feb
,9%
V;
Jan
'94
Apr
7
Continental
20O
4%
4%
16
7 3/a
.
16% Nov
,,
Jun
7
2
100
2,800 ", Corn Products Refining—--—25
'/>'
: •'
179
Jan
3/a
25
5% Feb
12
7
—_:_25
15
Feb
Feb
-
Apr
2% Jan
2
4% Jan
Continental Steel Corp_-
2,120
.
V
'
213/4
109
*101
58
*41%
8
73/4
•
'h
42
*11%
10%
*91
47
57%
8%
Jan
78
Dec
89
97%
7
Apr
Jan
Continental
15,500
41%
/
1%'
X100
-
*105
1% Feb
12% Feb
11%
89
Continental
2,900
179
1,6%
16%
16%
101
31%
*45
4%
•
123/b
Sep
-100
—
Continental Bale Co—.
,
37,900
11%
1783/4
4%
5%
11%
74
4
:■
Jan
Dec
21% Mar
Apr
par
—5
9,100 v' Continental Diamond Fibre
Continental Insurance———$2.50
4,400
:
11%
10%
83
Jan
33/8
18 3%
74% Aug
15
34% Jan
preferred
conv
Container
1,000
.*
pfd
"tConsumers Pow $4.50 pfd
/
7 000
'
23%;
57% ;'
178 3/4
5%
20O
31%
6%
Consolidation Coal Co—-
*
9,800
11%'
90
-
26
Feb
10
19%
333/a
'
Feb
100''
2% Feb
19%
76%
•
*10
15
92
6
7
Cuba
233/4
-
93/s Aug
13% Feb
5
Jan
10% Jan
Consolidated
18%
34 %
33%
*75
2
Jan
90
11
of
Jan
May
,89
11
18%
'
15
% Jan
RR
Jan
44 %
Apr
25
7% Jan
350
4334
Jun
19 % Feb
$2 partic preferred—_—No par
Consol Laundries Corp
5
Consol
Oct
' 41
,
Apr
1%
12%
15
Consol Film
5,500
.
173/8
1
43/8 Feb 25
193/4 Feb
2
16% Jan
Corp_j.—_No
Dec
10%
;
21% July
97% Feb 11
18%
90%
90%
1%
16%
v'f._
1
Feb
25
'
5
Oil
Dec
34
109%
'
Oct
■
7'.
91% Jan
23
xll%
46%
'41%
*
57%
4%
100%
13%
"
1%
41
;/
Jan
No par
industries.—
1
113/8
43
13
.17 % Jan
$5 preferred-
•
1,300
5%
31
:
„
11%
46%
'
179
4%
"
16
*
21%
13
*1.783/4
101
11%'"
■■
57%
4
1%
18%
21%
40%
57%
15%
100%
*41
463/4
40%
1003/4
16
100%
">«li
463/4
179%
4
1 %r
-
15%
12
57%
:
179%
4
A/' 11%
11%
40%
57%
180
5%
473/4
401
*179
5%
11%
*463/4
1
48
*46%
53/8
20%
26
101%;
5%
Nov
24
'
2114
4
105%
Feb
300
97%
43%
29%
5%
.V",
10%' -10%
/
Apr
3/a Feb
1,300
30%
44
91%
6
5%
w,
31%
y
24
19
%
5%
:
Dec
5
500
*101 '
~
29 %
2
44,500
21%
5%
53/s
'
9
Jan
43/8 Jan
2%
'
16%
2,700
1%
97%
5%'
43%
/
'
5%
'
2
2% Jan
No par
Consol Coppermines Corp_*_
Consol Edison of N Y—No
1,500
12
9
Oct
23
34% Feb 25
2
21% Jan
/
—No par
:
35
153/s Jan
*39%" -41
101%
101
101
-.
30%
9:
"
a-
g-- -
21%
53/4
;'5%'
53/4
101
>
.
36% Jan
25
Co
Jan
'
-No par
Edison
24
:5
9%
5
5%
:
,*100%
'30% "31
H
29 3^ Jan
107% Jan
/' 9% Jan
Feb
11%
par
2%
40%
21%
5%
5%
*100%
'
—No par
106
5%
,
Jan
5,100
'96%
1%
% "97%
96%
21
:
i;
40%
97%
/C7%
.,",20%
»:•
19
100
1
40%
8%
41
*39 %
-
104% Jan
—
preferred
conv
„>
No par
7% preferred—A
-'——100
6%% prior preferred—
—100
•.
13,700
12
Dec
31% Feb
Credit
Consol Aircraft Corp
Consolidated Cigar—
25,000
8%
2%
8%
;;*8%
V,
2%
2%
8%
-
1.3/8 ' '
12%
843/4
14
50
'. 6
96%
■
1%
11%
1%
12
*2%
'
97,
Mar
25% Jan
230
",193/8 "
53/4
/ '19
Jan
51
25
'
•
11
10%
■'
"6
"19%
Jan
45 %
34% Feb
Commonwealth
2,200
:
-
ioo;
54
Sep
-No par
—10
Congoleum-Nairn Inc.
17,800
92
*"100
Sep
29
15
26
Conde Nast Pub Inc
3,b00 *=
133/a
'13%
V'91%
100
30%
15
13% Feb
"
1%
*1%
53/4
5%
5%
„5%
•;
13%
943/4
13%
13%
*91%
15
,47% Feb
7
11.
$6 preferred series
8,400
193/8
13%
.91%
13%
,
19%
par
Pictures
Comm'l Invest Trust
;•' 1,200
4%
4%
43/8
4
v
19%
513/4 Feb
2
9
Jan
30% Jan
3,500
'24%: 7
24%
18%
19
19%
91%
•'
4
4
4
:
2% Nov
2
17
4%%
51,700
37,200
«1
42
19
-
18%
%
•'
,;
par
-No
Sep
2
Feb
Commercial
8,100
.'
133/4
13%
•>\
42%
24%
4.
4
18%
II
24%
1
■'<
13%
%
u
41%
41%
'*3 %
33%
Co——, -No
$2,75 conv preferred
108 %
'
%
13
%
; 23%
323/s
*108 A
133/8
13%
13
13
34%
Carbon
3% Feb
1 '
1% Jan
40% Jan
"37
Jan
79% Jan
.
j
88
100
108%
*108
-No par
13
Columbia
9,200
107
*1053/4
107
33%
34
108%
*108
108%
*108
108%
33%
33%
32%
33%
32%
*1Q8
*1053/4
106
106
106
"
<
—
Highest
f per share
share
I per
per share
$4.25 conv pf ser '35—- -No par
Commercial Solvents—.—, -No par
Commonwealth 8t Southern -No par
6,000
*105%
Columbian
.80O
30
5 %
S
1942
Lowest
Highest
♦ per share
preferred series A—.—100
-100
preferred-.
6%
400
88
12%
*
Columbia Gas & Eleo
100
,
•
86 %
*
Lowest
Par*
42,000
2,700
'
49%
47
49%
Year
Range Since January 1
...
Shares
snare
V"
3%
'
NEW YORK STOCK
the Week
*
Feb. 25
Feb. 24
Feb.23
Feb.22
2%
v.
Tu»srt«»»
••tarda?
2
Apr
Jan
4% Nov
Apr
151% Dec
17 V*
Jan
26
15
Apr
323/4
Jan
29
Jan
34%
Nov
Apr
Natural Gas_
3
23% Jan
7
28% Feb
Endicott Johnson Corp
50
100
49% Jan
5
19% Apr
393/4 Apr
109% Jan
11
1
2 3/4 Jan
No
No
No
No
Jan
par
54
par
57% Jan
par
62% Jan
par
% Jan
35% Jan
26
Feb
2
Engineers Public Servlcs
$5 preferred
;
$5% preferred—
$6 preferred—
Equitable Office Bldg
Dec
Feb
20
preferred
Jan
3/4
38%
28% Jan
333/4 Jan
5%
36% Dec
40% Feb 24
31% Jan 20
par
El Paso
Nov
180
34
par
preferred
preferred—;
Elec Storage Battery
Dec
Apr
2%
par
$7
$6
34
103/4
25
51% Feb
25
Feb
24
1073%
Feb
43/4 Feb
15
1%
Apr
114
26% Feb
49%
112
Jan
29
40
Apr
66
26
46
July
73
83
75
Feb
25
47%
Apr
12 Feb
26
A
Dec
Oct
3 %
68% Feb
66
Dec
Jan
Jan
Jan
Jan
% Oct
FINANCIAL CHRONICLE
THE COMMERCIAL &
157'" Number 4155
Volume
NEW YORK STOCK RECORD
i:
,■
785
*"
STOCKS-
LOW AND HIGH SALE PRICES
-
'
-Saturday *
Tuesday
Monday
•
S per
f per share
9%
9%
8%.; 87/B
41J/2
41 y2
*68%
9%
10%
9%
42%
43 %
78
75
75
9%
1%
7%
*1%
1%
.
4%.
8
1%
J 26%
*12%
1
"
13%
•
4%.'
"■
35
35%:.,/
23%
23%
23%
10%
10%
T-i'-'— ::-T
90
•
X
27%
'
106
106
32%
*93
9
10% Feb
26
3%
Jan
12
44% Feb
15
32'A
Jun
44
Jan
..50
68%Jan
18
75
Feb
24
70
Dec
70
Dec
5
Feb
23
8% Feb
15
RR Co,-
Vacuum
Products
Cleaner.^
Co
8
3% Jan
„,_5
5
1%
1,400
Exchange Buffet Corp
$2,50
Fairbanks Morse & Co
,
4%
1,500
;35 %
■■
17%
*93
*
13%
44
27%
*
13% V
43%
-
27%
107
'
..v,,.
•.
107
;
"
107
28
'
Oct
1%
4%
Sep
Apr
7'/b
Dec
May
28%
Oct
1%
Nov
Apr
37%
vTan
Jun
293/4
Jan
4 Va
Jan
13
25% Feb
% Jan
19
1% Feb
No par
33% Feb
4
36
Jan
26
27%
20
21% Jan
6
25% Feb
10
19
15
6% Jan
2
11% Feb
15
6
Jun
8%i
—1
preferred
Jan
7
98% Feb
17
693/4
Sep
20% Jan
13
28% Feb
26
19%
Dec
Feb
18
14-
Jan
4
3% Jan
4
5
Feb
13
86
No par
Federal Min & Smelt Co.„^
•
100
Federal-Mogul
,
2,100
,
867/s
;
r,
Corp—;——
No
4%%
2,300
13
a5
No par
Federated Dept Stores.
100
,
,_2
Federal Motor Truck
3,800
5
18
,;
*86
33%
•:
107%
.-32
18%
1
■;* 118*%
101%
32%
32%
;
28%'-; :
107V4
'
27%
27
107%
' •,'
32%-".-'/•
32%
'
'/./ 13%
14
: *- 45
% 45%
i3%45
"""28'/a
107
*
*100%
-
15
Jan
2
20
26
U
:
Jan
78% Jan
8
86 3/4 Feb
8
<
Jan
Jan
93
J an
24%
Apr
3
18% Feb
100
preferred
conv
-
par
800
V
;
"*■"
•1
"
107%
32%
33
3,800
■,
.
2,000
-
1
1
Ferro
Firestone Tire & Rubber____
Enamel
Jan
Jun
11%
11
Apr
.13%
Dec
,
4'A Feb
V 18»/»
Jan
87
Jan
74Nov
12% Jan 27
preferred
6%
,
Feb
4
,8
.45% Feb
26
29%
Apr
43%
Dec
14
28% Feb
25
133/a
Jan
26 %,
Dec
104% Jan
6
107% Jan
29
87%
Apr
,42
National
•
First
•
Flintkote
_10
100'
spries A~
*28
J.
28%
;
*22%
28%
•.
19
19
24.
1
102
-
„•;•
*101
V"
•
—
*101
r-
,28%
28%
•28.
19% /;••: -19%,
102
'-28%
*28
;
\
V
19%
3,500
.
,
28%
I
V
>
23%
•
300
Co
Stores__„___No
;31% Jan
Stove
( Florence
5
7%
,
293/4
34% Jan
30
15% Jan
par
14%
Apr
-7
19% Feb
25
9 V4
*;97% Jan
par
11
1003/4 Feb
18
86
7
283/4 Jan
25% Jan
Copar,
30
15
*18
Jan
27%
Apr
May
Aug
Feb
16% ,Dec
96%
Mar
2
Nov
39%
Apr
Jan
Feb
Dec
105
May
(The,)—____-_No par
preferred_,___,—i._lVo
$4.50
*101 ••' 102
fc*/ S;
15
Jan
25% Jan
Corp___-_„„^—»_1:
Fidel Phen Fire Ins N Y„„„$2.50
1,400
,
.
1
1
'
•'fH'/V
'
ioi%-
*28
4
10
'
1
3,500
,13%
18
86% '
,13%
44%
44%
••
27%
K
V
'
13%
13%
•V. i 44-
!
17%
18%'r
*100%
2
5% Jan
24
3
Corp
\ Fajardo Sug Co of Pr Rico
Federal Light & Traction
$6
28%
4%
17%. '
"86%
500
■97%
v
*13
;
5
4,200
10%
,
28%
15?4 V
:
4%
17%
89
*86%
89
■
237/a
*10%
97%
♦13
-
•4%
17%
i
33%
17%-
/
Oct
*'
Jan
Evans
23%;
28%
13%
4%
:
••'*:
-14'"••'•
13%
27
*12%
13
17%.
*86%
'•43% ' 43%.;-y:
'•
Eureka
4,100
.
10 Va
■.-,■/
■;
r
28%
4%
*86
'•?:
28
28
"
13%:
--
W*
/
Highest
9 per share
Jun
39 % Jan
Ex-Cell-O
35%
.
...
<11'
10%
■
97%
•17%
iii'i.
'
*93
97.
•27
■
>;■
4%
*17%'-. 17%
4%
25
—100
7,400
V/*.u
share
10% Feb
*';
35%
22%
10%
*93
"
Pitts
Erie &
10
v
7%
9
l.ty-y'iZ';
35%
23
10%
'
-L'
:•>
26%
;
1942
# per share
*
'
'
par
8 % Jan
t per
•.•••• '•'>;i v-'
;
35%
V
22%,
'
10V2
97%
No
5% pref series A
3,400
»i
V
par
.
3,600
4%
*7%-.
•1%
$ per share
25% ./' 25%
257/tf, >r
*1'A
113.400
78
4%
:
...
8%
25%
1.
35
22%
-•
Year
Lowest
Highest
■
'/
34%
*95
Lowest
,
—No
JErle RR common
Ctfs of bene! lnt___
""
43%
*72
rr."
*10
.
Por
23,200
,
10 %
,
43%
"
78
4%
25
10
10
.••.•'Vf.
22%
10%
10%
43%
*72
8
24%
1%
24'
f
34%
Range for Previous
Range Since January 1
.
EXCHANGE
Shares
I per share
10%
9%
42% '
4%
7%
24%
7%
7%
'
4%
5
4%
4%
24%
:/*U
the Week
STOCK
YORK
NEW
Sales for
"
"
4i/a
I per share
10 %
43
*70
7%
Feb.25
share.
9%
10
•
8%
75
24 ft
f per
share
41%
8%
,
'
.
'
I per share
f
Feb. 24
Friday
Feb.26
Thursday
...Wednesday,
,
Feb. 23
Feb.22
Feb. 20"
V
•,
Dec
;:
22%
•22%
L *23
23
•
25
23
*22%
200
/;
.
'
'
*
4%
•
47/b
*f ' ':/>
5%
? 34%
ftM0%
4%
,
34%
'. "
5%
' r~34%
'
34%
34%
10%
'*41%
,/K/
42%
10%
<
IV:;;
129
18%
■
.
53 •*' .*-••" *
*19%
.
>-
22
'
V, 11
r- ;
98%
'
3%
v
r,
.'9%;|
•;.n.%
*51
,
*40%
t
40%
7 %
7%
:
*135
5
V%
■m
10%
78
24%
41
•
138
*134
•
5%
5%
v
"
;
:
V
5%
12%
79
78
82
35
25%
35
135
35%;
.':•'
38
37%
37%
.37%
37%
37%
*116%
118%
*116%
118%
•116%
118%
116y2
116%
1%
1%
1%
1%
2Vs
38
.,
t
Feb
25
7
16% Jan
5
44
3'
:
1%
1%
j
5,900
l/
,•
(Robert)
5% %
100
100
*89
47%
400
10
.
*24
47 %
48%
473/4
48 Vs
47%
;.•;,
Co
Industries Inc,
100
2 y4
18,500
$4.50
127%
127%
127%
,
127%
128
127%
23%
24
*23%
*108
109
1
16%
17
1
6
16
16%
106%
18
Jan
97'
Nov
3% Feb
25
1%
Jan
2
3% Feb
15V
1 Va
Jun
9>/b Jan
6
13'/a Feb
16
8
Sep
19% Jan
24
16
May
2Ve Jan
.
1% Jan
/
11
;
11
23% Feb
Jan
12
43/4 Feb
24
14
9'/8 Feb
24 V
63/a
93/4 Jan
11
13% Feb
25
Jan
Jan
mk
12
*33%
19%
10
20%
."
13
:
/:
2% July
2
Sep
3%
Oct
26
6%
Sep
9%
Jan
Feb
25
66 y2
NOV
16%
Apr
82
25% Feb
•16%
*106%
■
16%
*65
-
13
,
/:
203/a
20%
•
17V4
17
113% Jan
16%
110
*106
16%
.'
17
4*105
;•
17 y8
.16%'
163/4
17
>"/
:
680
20%:. li
yy; 20;
20%
2,100
67%
,•
2,500
'/
■
110 '
17
f
v
500
•:
16%
;
General Shoe
Gen Steel Cast $6
General
6%
3,400
/:
.
Tire
66
66
•;.
\<\r
/
-
*66
7
63/4
6%.
634
68
*653%
68
6%
6%
"
68
10,500
<:
30O;
68
'
Gillette
$5
6
6 '.a
*44'%
46
V s 18
•
2%
27%
89%
28%
94
V,
;V/ '5%
'5%
j
873/4
*86
28;
90%- r
*86
f
>
297/s.
.
/•'
.
29%
SV4
19%
20
45'%:
■'
45 V4
£ W:'
11
2%I
■
-••
"'•/••.
1
29%
29%
91
90%.
90 y2
30 y4
preferred:
/
.
30%
95 V*
.c.
-
,
,o
*86
87%
' ,V. .96
16,500
t.
.
;
1,200
18,800
300
,i.. :.;
ft.-;-' > 6
5%: X 5%,,..,
....
*95
50
-t ( •;..
1,300
87%
*86
—
30
Jan
44%
Dec
8
122
130
Jan
13% Jan
17% Feb
24
128
25
15
3%
10
99 y2
i3«
2
17% Feb
26
10 y2
5
106;: Jan
4% Jan
2
6
Feb
103% Jan
5
109
A Jan
2
123/8 Jan
Feb
105
% Jan
V
•
4
^
1% Feb
Apr
19 y4
Jan
13% Feb
16
67% Jan
14
55 Va
20% Feb 20
17% Feb 17
108% Feb 10
101*%
4
4
;
.143/4 Jan
No. par
Nov
2
4
14
>
8V4 May
26
x40% Mar
67/8 Feb
4
68
.,
-
Jan
16%
Dec
110
Sep
Feb
3
Feb
Jan
20
May
7%- Jan
,
Feb
15%
Dec
5y»
Nov
Jan
-
Jun
10
13% Mar
11
Nov
79%
Jun
,17'/. Feb 25
7. i- Feb 25
•
2
603/4 Jan.
,
/ 31%
14%
Jan.
4% Jan
Oct
Mar
2
16% Jan
v
%
23
Jan
—5
14%
107%
213/4 Feb
9% Jan
15% Jan
Apr
23
5
108
Jan
109% May
% Jan
Apr
% Mar
25
15% Jan
;
101
5,
26f
Feb
35
28
60
NOV
53/4
Jan
Jan
14 3A
Aug
10
Jan
3'/a
Sep
Feb
1'/« Feb
July
30
103/4 Mar
61
Nov
5
Jan
2
26
4
Apr
No par
59
Jan
4
637/a Feb
24
50
May
2
20 ;
Feb
25
12 y8
Sep
16
Oct
45% Feb
13
373/4- Jan
44
Feb
143/4 Jan
,_Na par
:
41-
50
preferred—
(Adolf)—
No
Goodyear Tire & Rubb:
__Na
$5 conv prefei'red—L—No
Gotham Hosiery—L,
lL*—No
preferred——
Preferred
i
.
•
1
Feb
V 2% Feb
91'A Feb
2
Jan
76
par ;,
i- 25 '/a Jan
90% Jan
».•
par
Jan
83
par -
4
;
par-
Jan
80
%
-
-
13
26
Feb
25
-
6
87% Feb
t
Jun
15
Jan
V\h Jan
2% Jan
•
Nov
-
56
82
Feb
Jan
•27
Dec
J an
83%
Dec
27
Dec
90%, Dec
i%-
17
1% Feb
11
6
65J/2
10 Vtr Jan
25.--
Feb
i
-
5% Jan
■ry
60y8-Jan
.
963/8 Jan 29
"■•
'•
l3/» July
73-
Feb
,30% Feb
9 L
4%.Jail. IF
-
15
91
"
8
'
16
26 ,-V
30
""24% Jan-12
100
1
J an : 5
V/ -,1s Jan
2.
/if T% Jan.1' 8'
1
£
Brewing Co
1
Telegraph Co
-100
Goodrich Ca (B F)___——No par
Gold & Stock
5%
26
No par
(The)
conv
Feb
Apr
133/a Aug
13A May
Goebel
/
30%
,
Gobel
3,400
•
30
>
.
4%>
Oct
131%
2% Jan
.
Jan
87 '
Apr
64%
16
par
Co
102
Apr
122
13
—20
$6 preferred
Glidden Co
Mar
13
23
3% Feb
No par
100
Gimbel Brothers-
2,600
/
2%
91 y4
:■'•
91
293/4
87%
9,600
100
u
¥t
2VZ
91
95 y«
.-.• 5
14,800
400
90%
95%;,..
*86
6%
66
28%
...
U /•-5%:•■■/• 5V2,,.
87%
-
30
-
*90
92
V *95-
>:;
:•
2'/2
>
.
,
283/4
*90
<•-,
94:
90
*63%
46
n
2%
90
27
95
%':/-
%
1
2% ;
90
28 V*
;'■?
*5-%
•f.
12
*87
6%
^
•*•
20
*45
46
*;
63 %
19 %
193/4,,
*45";
'
90%
273/4
>94
'
46
■
6%
63%,
19
27%
"
90
63 %
••
6%
6V2
63%;
6%
:
19 Va
2%
90
:
'•27
T
'
•
'25/a
2j/B
*86
3/4
*45
i
■--n
v
63 %
••
18%
18 %
6%
63 %
6%
'63»/2
61
14
Feb
Jan
26% Feb
'
*62
Jan
116 Yb July
1 % Jan
Apr
% May
17% Jan
Safety Razor_——No par
conv
Jan
111%
48% Feb
'
63/4 ■!'
6^8
40%
Nov
90
31% Jan
Corp.
Corp
Rubber
&
Apr
108
No par
preferred,
General
x23%
132
Apr
132
Jan
126% Feb
1
preferred—No par
Telephone
24
44 Va Jan
Corp__
Gen Time Instru
Oct
Feb
38
94 y2 Jan
No par
General Refractories
i
30%
83 % Jan
100
1
$6 pref opt div series
7,100
;
...
Apr
1
No
Nov
21%
par
preferred
& Utilities
21 y2
1
26
par
Realty
90% Feb
116% Feb 25
9
2% Jan
22
1% Jan
■
67
110
v
.
13
13
< /„
17
*105
110"
2L.3/4
120
Dec
Feb
*
Railway Signal
6%
Gen
200
36
.21 y2
67%
,67
17%
;
68
•
...12%
20%
16%
•
,
;.
*20
*106
^ 6%
6%
13 y8
67%
*34
21% ;.': 3
21%
,
*16%
-
110
16%
.
17%
•
13
13%
66%
35
Gen
60
27,200
1
4%
36% Feb
135
13
—No
Dec
25
10c
General Printing Ink,:
$6 preferred
•_—
140
Apr
24
Jan
Corp
Feb
Nov
43/4 Feb
34
par
Jan
5%
5% Feb
30 3/4 Jan
No
Nov
463/4
/
Jan
106
Dec
7%
104
123/a peb
713/4 Jan
129
3%
16
53
Apr
'
Jan/
20y2 Jan
No
5,000
■•/:
IV*
Sep
Feb
Feb
2
2% Jan
7%
—100
10
No par
A
Precision Equip
/ 35
13
140
Jan' 12
130y2 Jan
Gen Public Service
106
1
•H
20
177/b
**105
'
-
1
^20% ;;':
19%
•
13%
*
66%
:%• 35
213/4.
66%
13%
•
65%
21%
20%
1
Gen
26
*
;/ 4% Jan 12
par
—No par
preferred
2,000
l'/«
17%
17%
;
6
109
1
105% *
%
3VA
5%
*107
V
1
105%
li
35
*34
34%
%
4,800
1,900
Feb
73/4 Feb
33/a
Oct
Nov
10%
;
'
Mar
4,"
No par
:
98
43
4
53/4 Jan
135
1
Jan
33/4
;93/8
■'
Feb
26
Feb
103
19,
37
51
14
8% Feb
4
63/4 Jan
Jan
21
'
Apr
52% Jan
14
52% Jan
102
.
Sep
Jan
11
By*;Apr.
3
v
2 3/4
2 3/a
•
2% July
73/4 Jan
-
No par
No par
Corp—
Common
1,100
17%
17
6
17
173/a
13
Itf
Ja
3%
3%
Jan
Apr
100
Adv
Feb
May
.
38%
Apr
No par
preferred
Outdoor
Gen
10%
.45
85%
100
preferred
$5
500
24
Apr
•15%
No par
No
/ General Motors Corp
1,000
127s/e
24
108
?S
105
105
106
*105
6
108
1
35,400
v:
..
Oct
15
$6 conv preferred series A-No par
5%
190
Jun
25
No par
General Mills
200
;
/
48% .'
127%
17%
6
16%
16%
v:
*108
1
*%
♦105
,
109
*108
48 Va
24
17%
>
'
,•>,
33/a
109
5%
5%
5%
,
17%
89%
132
*
98% Feb
i.——5
Corp
Gen Gas & Electric A
120
100
131 y8
3%
3Va
17%
.
24
24
3
3%
3%
131
30
20% Feb
No par
Inc
Foods
5
27
16
38
29
2
5
preferred—
General
Feb
18»/4 Nov
•
12
10
—
preferred
General Cigar
Jan
Jan
Nov
Jan
'
General Cable Corp
Class A
cum
7
17
preferred——50
Bronze
7
37% Jan
16
1
General Electric Co
5,000
118%
89%
■■•-.,
48%
:
3%
17
89%
1313/a
24%
*3 %
*87%
131
131 3/b
Dec
12%
136
May
143/4 Sep
•'96% Jan
preferred
—No par
Gen Amer Transportation——5
General Baking—
5
/, $8 preferred
No par-
1%
33,800
36%
100
9934
99%
89
131%
128
*127%
98
89
90%
*89
♦130%
130%
47%
98
100
*98
.
90%
130%
42
Apr
114
:
20
(The)—No pari
conv
1
8
Feb
9%
25
50
5% Jan
35% Jan
50
—_——1
Gen Amer Investors,
t7%
840
26
"
Jan
;;iiya Jan
100»
cl A—Li—No par
(The)
5.^ preferred—^
General
9,000
4,500
138
2
5Ve
36% Mar
,
Sep
27% Mar
20
Feb
18% Feb
'
1%
83%
213/4. Feb
„
^.,1
preferred—
Inc
14% Feb
129
'
pfd_„100
u.10
Gaylord Container Corp___
v
5,000
38
18
25
$6
82
;.*1157/8
•
.
;
2,700
37 Va
//.;••.•";<■
10% Feb
129
preferred—T
Gamewell
/,,,
i
35%
Co
Gar Wood
3,700
43/,
*135
35%
37%
35%
;
Gair
,1
53/4
.
r
34%
•
.100
12%
4%
28 '
Feb
Trailer 'Co,—'
conv
/•"('■ 6%
137%
:/ i 82
*253/b
25
135
35%
770
5%
'i Gabriel Co
28,100
75/B
.-.-12
:
-
r
34%
:
/■:
43
5 %•
.•vv
43/4
!.
;
104 Vz
"o
*134
-
5%.;,
25»/4
138
3/8
73/8
137%,
4%.
11%
*25%
1,400-
8%
./• i ,;42 %
7%
*134
Fruehauf
20,900
/
54'
....42
5%
*135
138
*51
8
78%
'XX*
25%
25%
138
'
■H *103
7%
Freeport Sulphur Co,,,,:
1,500
;
3
15
>10% Jan
prior preferred—,
—,25
Francisco Sugar Co
—No par
80
2.100
>
!"•.>* 8 3/4.^/, 9%.
;•;/:
12%
-
i
-
:
4% ■;>; 43/4
8%
24
34% Feb
4
V 39% Feb
No par
6%
300
-•-..
23%
23%
;
•
104%
.
41%
7%:
5 %
.54
8%
4% :i„ 4%
78%
♦135
138
*51
*103
11%
.-'•
4%
11%
78%
,
:
8%
7%
9%
.
$7 conv preferred
F'k'n Simon & Co Inc 7%
-3%
5% Feb
5
-
10
Foster-Wheeler _L!—
tn
M,900
:>"i.'12%f/i2%
23%
4% "•> 4%:.
*8%
V>103 I. 104%
41,%
41%
7%
2 %••■
2
*
9% Jan
3% Jan
—10
Machinery Corp—
,
30% Jan
•
l10
preferred—,,^—__il00}
conv
Food
••
50'
4,100;
.r;:
-20%" '.
•
5%
Food Fair Stores Inc-j-,__——L_1
-
53
•i'-iv; 3-3%
3% ;.•
.12.%
J
-1,500,
•
'Vv,98»/•%
98
Steel- Corp.
Follansbee
'
23
.8.
*
v,,
•'••• 7'
>
»,20j
-a
/-.3%;U
,
' 18% ;
;36-/v;36
u
700
1,100-
6,200'
c*
V' *50.
98%/;
•
14%
8%
-
;
-;is'
44
•
/
13% .13.%/
54
,s%
r.:,;.
4%
24%
*135
8%
-
.23%
13
:
190
.
'18%
c
20%;
—
3%
9%'
51
54 :••;
10%
11
78
13
tj 5;
r
53
12%
23%
104%
,
*134
4%
4%
t
9%
.
".v
43%
36%
•
3%
~
V' 4%
9%;
7%
139
43/4
>•••
4%
'
13.
40%
:0
3%
12%
2,100,
34%'
*127"
6%
•
98 ,;.-u
V 3%
4%
8%
>103 I
:',i
-3%
23
*51
8%
I: 104%
3%
v»
*20
-
;
5V*
,.
>;.::'v/ 13%
••
18%
>50
20%
.
iriM 12%
3%
:;v." 4
..,*8%
'..12%
54
*7%
*103
3%
12,
22%
4%'
>
»
-.
12-V
,
*19%
V
18%
-"-36,
.7 *97% ' 98%
14
129
6%
'
,
44
•
129
J
20%
22%
4
.,*8%
'"7"
■5%
*34?
'10%//; V X10% ,;10%
-13% •
V:-
r >'• 36'/b" 36%
r-C 3%
3%
12%
-•
"V,
;•'«•• 53
*50
36%
•
344%..
>.:—43%
/
>18%
6%
•
'
14%
*97%
;
3%
V
3%
%••
,
10%
129 /
'
>18%
•
6%.$U
43
•
,
36%
••
-•
*3%
42%
<14
*127
,
V
:■
,
34%
*19%
98%
*12%
-
53'
*49
•
'
v
«*": •?.
•
18% V,1
18%
20%
-?
129
•
,:a
*97
•
•
5%
34%
" 5%
»io%. 10%
;
14%
*127i
36%; •136%V;.
'
42%
14-
*•/■>%
18% /•»■
6% *
6 %
♦49
v
10%
*41%
13% -14%
-
*118
,*
,19% Jan
Florsheim Shoe class A—r—~No par
--
x5S
Jan
c'-4% -Nov
Jan
8PA Dec
'
'
'
/'
'•■"
1%
1 %1%
-
4%:*
•-
•
5%.-V
5
4%
*9'/*
•
1%
1%
10%
*9%
10%
9%
9%
9%
5%
.
9%
♦30'/4l
31/
31
*24
25
31
I
25/
*24
15%
153/4
15%
15-%
233/4
24%
24%
26%
-26%
,26%,
142%
142
65
*55
31%
>
♦24
•"
.
15%
25 y4
26%
■142%
62 '
"
*12%
12%
12 y8
12%
2%
2%
23/4
2%
*11%
10 Va
r
•
26%
•
93%
92
92%
5%
5
5%
*92
.
t
31%>
25
;
5,300
800
:
f;'
2,600
25%
26
25,700
3,400
143
:
*55
62
26%.
62"
320
Grand Union,
Granite
Grant
29%
293/4
293/4
30%
23%
23%
*22%
23'%
*22%
38
*36
38
31
30 %
*36
5%
dlv ctfs—i—No pars
(W T)
Co
—
Great Northern
preferred
-20
No. par
Na par
Great
Sugar—.
Ore
Western
:—
Prop;
Green Bay & West RR__„
2,800
Green
15%
•14%
15 Vb
7,800
Greyhound Corp (The)—".
11%
*113/4
12
13
13%
2%
92 y4
92%
5%
5%
,-6,800
2%
93
300
500
■
5%
270
61,400
30 3,8
313/8
32
323/b
9,500
23%
*22%
23%
*23
23%
100
38
*36
38
*36
38
(H
5V2%
L)
conv
Grumman Aircraft
8%
$5
27
Jan
6
21% Jan/ 7
•
- -
*•
16
Feb
26% Feb
Jan
19
14% Jan
4
Jan
4
22%
•
25
,15% Feb
15
.
-
12% Feb ,16 V
.
.
29
,
Feb
11
...
12
5% Feb
26
253/a Jan
2
32% Feb
26
.25
22% Feb
11
233/8 Feb
.25
No
—No
preferred
36
Jan
13
37% Jan
7
Feb
11
3% Jan
par
.
par
97
10%. Apr
10
Mar
9 %
25
3'/a Jan
2
,
May
1% May
48%
.
...
.
Jan
2V». Jun
18
Y.
*
Jun
Oct
28% Jan
143
Apr
13% Feb
2
19
Apr
26
31% Jan
8iy2 Jan
Feb
35% Feb
65
2% Jan
-
18%
253% Feb
July
27
10% Jan
25
-July
13%- Dec
* Apr
Jan
par
Nov
50
65
11
,
27
2
Dec
9y» Nov
32
130
Jan
iy8, Nov
5 Vi Jan
-8%
19%- Jun
•
5
-
•
Apr
-
;
.
23-
•
24
143 y2 Feb
23% Jan ' 2;
100
St Ohio RR
6>
-
-
Sep
22y8-May
■
10—
25
•
;-
6-; -Mar
•
4--
26% Feb
138"
:.
Jan
24% Feb 19
:
4'
-•
24
iV Sep
--
15
32
-
15
,10
—No
Sugar—
preferred
Mobile
25
>10'/» Feb
-
24% Jan
Corp..:
Guantanamo
Gulf
5% Feb
lO'A Feb
ri
.
29'% Feb J 3
No par:
preferred
;
5 *
;
,100
Co Inc
Jan
7% Jan/ 9
1
35 %
8
•
100
Preferred
4y« Jan
;;
/v/ 8 *
•
No, par
Iron
f| Jan, - 2
;
r
No par
_1G
City Steel;
preferred—:
Gr Nor
"
4%
4%
w
35%
3
.-1 •
u5.r
Graham-Paige Motors—
Granby Consol M S Si P__'
5%
16
*142%
13 y3
4%
300
26%
;
143
13
"
11,100
•;;•■
15%
26 %i
11%
10
31%
32,400
10%%:
-
,10
♦24
'
-
15 -V
*2%
•
.
16
35%
2%
5% :.•', 5%
31%
25
1% .1%
10
.
35%
13
.
:•
5Va..
10%
15%
12 y8
*2%
1%1
12
14%
15%
*55
'
35%
35%
12
92
*24
.15%
26%
11%
93
.
142%
14%
92%
31%
1
..
26%
12.
.
9%
142%
-
14%
)
5%.
;.
25%
*113%
145/a
.
1%
*9%
25
,
35 y4
35
5%.-.
.1
.
10'/a.
*55
62
*55
343/4
34%
263/4
142%
'•
10%
:v
25 %
*142%
v-
1%
'/■
Jan
63% Nov
33 y2
.
Jan
147/a Dec
ny2 Aug
145/8 Jan3%
86
Jan
Sep
4%- Oct
33 3/a
Oct
H
*36
14
*13%
14
12%
*11%
"104
.
105
For
footnotes
*11%
*104
see
page
L:-r
791.
14
12%
105
14
*113/8
105
-
14
12%
105
14
14
12
105
14
12
*104
*12
.
"104
Hackensack
7 %
Water
preferred class
Printing Co_
14
700
Hall
12%
300
Hamilton Watch Co.
105
100
6%
preferred-
A,
12y4Jan
.10
—
.—No par
.100
-
5
14
20
9Va Jan, 18
12
Feb
15
30
105
Jan
30
105
Jan
„
_
_
Feb
19% May
.
25
Apr
35
Dec
8%Mar
13
Aug
29..
.
J
^
.
.
8 ; .Jun
11% Nov
95 _.Mar
1063A Feb
THE COMMERCIAL & FINANCIAL CHRONICLE
t per than
$ per thaft
'103 V2
$ per
16%
16'A
•136
140
*135%
*5%
2
7%
7%
*7V2
7%
*7%
7%
100
2
21/4
2 V«
2V4
21/4
2%
14,300
97
97
97 Va
96%
61%
62 Va
65
65
165 Va
*160
75V2
76
*160
1651/a
14%
14%
14Va
75%
14%
74%
134
*131
132
132
*53
55
110
105%
*52'A
55
*52%
*105%
110
•105%
110
•105V2
133
*17
19%
♦17
105%.
*17"
19%
18%
18%
18%
18%.
18%
18%
29%
29%
30
30
30.
30
30%
8%
8%
♦114
Va
48%
♦108Va
*8%
8%
15
_
*114
.
•w
33%
33 Vb
34%
34%
38
38
37%
38
11%
11%
;ia
12
12%
12
12 Va
49 Vb
*48%
50
*48 »A
50
49 Va
49'A
*108%
109
*108Va
109
*108%
6%
35 y4
'35%
•
109%
6%
6%
36%
6'A
36
•'
—:.
29
36%
6%
109
6%
6.
■
1%
1%
6%
6%
23%
23 %
237'a
6
.
1%
Va
8
23 Va
5
1,500
,
^
5Va May
No
,
Jan
9% Jan
par
44
:;
'
15
141%
25
10J/4
Apr
Apr
Jan
'
14% Nov
75 Yi Dec
.
,
Oct
Feb
158
Apr
29
51
Feb
2
125
18
30 Va Mar
48>/a Dec
25
79
Mar
102 Va--Jan
■'• 18% Feb
23
Dec
.
Dec
Jan
Feb
'■115
Dec
21% Oct
3814
27
Jan
39 Va
Oct
Feb
Jan
11 Va
Nov
49V» Feb 23
109 »A Feb
4
30%
Apr
44 */a
Dec
'
.-
6% Feb
37
;
7V2
18%
Jan
6
12%
110
8Va
4
t
Defc
Nov
29% Nov
15
12% Feb
2
15
u
14% Jan
36% Jan 28
38% Jan 26
•
Oct
■17
Mar
11
'
,
134
Feb
12% Mar
5
18% Feb
.^OVa Feb 25
.
5
30% Jan
''
Dec
58 Va
52% Feb
Jan 28
37/8 Jan
2
5
Jan
94 Va
Feb
134
108
—:25
l7/a
Apr
77% Jan
V
'9
31
Jan
5
36%'Jan: 12
.
.
,8Va Nov
.
Jun
5 .,105% Feb
Jan
14% Jan
6
16% Jan 18
28% Jan 21
Mining—a,-,/—---/-12.50*:
May
May
%
2% Feb 26
14% Feb
5
7
6%
7
6%
IVs
1%
l'A
9%
9%
9%
9%
22'A
22%
22%
23'A
23 %
24
23%
24
37 Va
37%
*37%
38%
38%
39%
40
40 V4
370
6%
6%
61/4
6%
6%
6 %
6%
1
*
v.
V.
.
96
106
May
25
Sep.
43/a
Oct
34%
2V4 Apr
29% May
24
Feb
Feb
•
..100
1,540
% Jan
7
4'% Jan
8
6% Jan 25
22% Jan
4% Jan
St. Manhattan—————100
"!*preferred;...
1
23% Jan 22
; 7
Feb 20
•
.
Hud Bay Min & Sm Ltd——No par
Hudson Motor Car
!
—.No par
3,600
T
l'A
7
6%
7
l'A
IVa
1%
20,100
fHupp Motor. Car. Corp—Jan
10%
"■
;
23
10
-i
Hudson
2,800
>
r
6%
23%
1 Va
91/4
160
Jan
—1;-
Howe Sound Co.—.
2,600
6%
.
--.,
5
.'8
.
:
'
i%
1%
6%
23%
23 'A
Jan
100
Houston Oil of Texas Y t C—
13,500
.
45
73,
.
36%
79 V4
Feb'26
12% Jan
.
Household Finance—-..>,.i—No par:,
5%; preferredY—Y—10Q -
.
6%
36%
37
Jan 30
65
49
Class B——
•
300
•
99
6
131% Jan
HoiKfaiUe-Hershey cl"A—„a-No par
3,200
.
20
-,_JVo par,
Homestake
700
■%:
1
2
Jan
'4% Dec
88
Jan
'9
.
7,400
/
:
9Vb
l'A
87A
1%
53/4
5%
23
7
1V4
1%
*1%
1%
23 Vb
6%
Jan
80
7
Jan
6
V
9% Feb
9
Holly. Sugar Corp,———No par r
13
Jan
2 •
i5% Jan 28
.7%^ preferred•,
.Lii-
/,
■■
35 V*
38'A.
6'A
6
6
17
,
Jan
16% Jan
146
Apr
3 Va Mar
24
Feb
96
-,
Jan
..152.
preferred.—-.100
cum.
Hires Co-(C E) .The—.
1,200
.
38''A'
10Q,
Holland Furnace. (Del)———.HQ v
Hollander &Sons (A)——.
.—5-
200
.
v
,•
.
33%
*108%
—
"
1%
2 ;
Apr
56%.Jan
25.
Hlnde St Dauch,Paper Co—
400
1.200
'•
36'A
23
5% Feb
5
104
Apr
12%
X126
Jan
f 4 cony preferred—.—.—No par.
200
:
15 Va
15'A
*114
-
,Y>.
8%
8%
15
•
,6%.
•
.
98
26
17% Feb 24
Feb 15
137
93% Jan
__25
W)—
Hershey Chocolate—
19% '">•■'
33%
6'A
36
_
(G
HerciUes JPowder^-,————/No par
1,900
,
50
30%
30Va
11%
—■
109
6
Feb
I per than
$ per than
than
l'%
Hercules.Mofcors^.Y-——«A—No pari.
19 Va
*18%
38%
*37
■
■
.
11%
48%
8%
115
*114
32%
'j
.
-
38%
11
15
-
.
,
V
500
.
-
105%
49 Vg
33%
33%
*37
*8^^
8%
15
15
15
■
•
..
-
55
*17
30%
j
,
1
131%
105Va
19%
19%
Helme
Prefer red.
75
74%
*531/4
55
18 V4
*8%
per
104
.
3
Jan
Highest "•
$
6
1 6
Lowest
7.
—1,
tHazel-Atlas Glass Co———
.r400
.
15
*131
133
18 V4
*14%
'
'
••••
4% Jan
86
p
-
Lowest
.
Hayes Mfg Corp—————-Y-2
165%
*14%
-
751/4
"53 «/4
55
*113 V4
'
'$ per than
.
Range for Previous
Year 1912
*
Highest
Range Since January 1
♦
.
(M A) Co $5 pfd—No par
99% Jan
Refrac———No par.
13,% Jan
preferred———.
-100135. Feb
Hayesr Industries Inc——
440
97
62 Va
14Va
75 Va
76
133%
98V4
*160
165%
14V4
-
97'/4
*611/2
62 Va
*160
14 Y*
*16
'
.
of Amer clasa A
1
6%%.. preferred——:—>—__10<1
20
97
62%
76
133%
;
Hat Corp
1,200
v
98
2
*611/4
165%
*13%.
5Va
*94
•
Harbison-Walk
6%
7%
2
*61'A
Hanna
10
>■
4,000
17
5Va
5%
96
.
Par
144 Va
*136
2
*7'/a
97%
♦160
5%
96
96
104
16%
IIV4
144 Va
5Va
•93
104
106
17
*136
•
.
'VVVY
EXCHANGE-';
,
'
7%
96%
*104
17%,
1441/a
5%
5%
NEW YORK STOCK
Shares
I per than
$ per than
106
IT.'/a
96
*93
96
*7%
*104
*136
3%
5%
*93 Va
106
17Va
144V3
*104
104'/a
16
Sale* for
the Week
.
t per share
than
Friday
Feb. 25
Feb. 24
Feb. 23
Feb. 20
Thursday
Wednesday
Tuesday
Feb. 22
Fell, 20
STOCKS
SALE PRICES
LOW AND HIGH
Monday
Saturday
Monday,1 March 1, 1943
9%
10%
41,400
Illinois' Central
—16,700
;
'
2
2
% Jan
25
; 1% Feb
1
2
-
"il/4 Aug
•5Va Aug
r-
Jan
16 ya
Apr
3Va
Jan
1% Feb 26
23 Va
Dec
5% Nov
1%
& Jan
Apr
■
v
22
22%
37 »/2
37 Va
*6
6'/a
.
14%
14%
14%
14 Va
14%
11%
11'/a
*11%
11%
11 Va
11%
11%
*33 %
33%
33V»
33%
33%
34 V4
34
*95 %
•97%
96%
96 Va
97
98
97
98
*162
170
*162
170
14%
,
6%
*68%
70
H.%
1-2 V«
*6%
7%
11%
11%
11%
11%
*6%
7 Vb
7Va
7%
24
23%
231/2
*110
111
"110
*7%
7%
59%
168%
1%
11%
14%
16
61
61
4 V»
■
33'A
*131Va
'(
136
10
56 Va
33A
3%
Feb
26
11% Feb
8
13% Jan
12
32% Feb
19
35 Va Jan
2
97
97%
:> 1,100
99% Feb
2
166% Feb -9
70 •'■ Feb 23
*162
I
70
12%
12%
7%
*6%
24%
25%
4,300
110%
110%
60
7%
7%
7%
7%
154
61%
62%
62%
168 'A
167 V»
154
63
154
63%
62%
168%
400
210
1%
11%
12
11%
12%
(
16%
15%
153/4
15%
157i«
15'A
15%
i
/,: 61%
61%
61%
6134
61
62
4%
4'A
4lA
33%
33%
♦132
V
136
;
10 Va
•
34
*132
?
*61
4'A
34%
43
43
...
*40%
32
32
A-V.
39
*36%
32
■
r
7Va
7%
7'A
■
■
.
10%
10%
\
33%
par
Harvester———•—No
5,400
Tnt
Hydro-Elec Sys class A——-25
Int
♦
i
Mercantile Marine——No
Internat" Min
.
37% Jan
42'A
42 Vt
42%
33 Va
33%
33.14
*36%
38%.
.*102%
107%
7%
7%
73A
7%
.
10%
10%
*37
39
*102%
.
7%
107/e
*38
107%
.7%
7%
200
1,200
39'A
*102%
107 Va
7 '/a
'
7%
par
40
Jan
10%
11
97
*95%
Jan
12%
*12%
13
29%
*29 »A
29%
30
*28%
30
*29
145
*139
29%
'VV:*139/V 145
♦139
26%
26%
27%
103%
*96%
■
10%
10%
26 Vb
*96%
103%
69
28
145
*139
In ternational
10%
10%
10%
26%
78 Va
78%
132
132
103%
*96%
79
500
133
*131%
22%
21%
22 V4
22
22%
21%
*62%
V
71%
10%
61%
61%
61%
61%
62%
70%
71%
71%
71%
72
72
10%
10%
10%
10%.
10 'A
10%
13%
13%
13%
14
14
*122%
124
—'
'
'
*122 Va
124
6
*23
•—
124
'■
—
6'A
!" •23%
*
104 V2
;■
95
9
u-
—
•'
;
110
/--•
6%
25%
25%
25%
8%
95
;
8%
9
.
95
*91
14
*15
9%
94
14
15%
V
*104%
*91
15%
*104'A
16%
*103%
.31 %
15%
29'A
a
*2%
.
2%
35%
21%
*5
5%
26 la
26
11%
*40
20%
*12
28
21%
'110
3%
;
9%
107
16 Va
16%
10
10
10
107
107
107
32%
31%
32%
15%
16
*15%
16%
30
x3134
32
16%
9%
*103
V«.
3.1.%
,
■
/
—
"
—
5%
2,500
9%
1,000
15 Va
700
■
16%
1,700
10
i
107
25%
25%
2.100
25%
9,300
Kroger Grocery & Bak-——No par
90
Laclede Gas Lt Co St Louis—100
11%
*11%
*40
20
12%
28 Va
22
'110
4
38'A
21%
X21%
21%
21'A
21%
53A
5 3/4
•
12
11%
53A.
11%
5%
12
*37 V3
21
|l
7
330
21%
:■
2.400
*6%
7.VB
1,000
12
12
12
42
42'/a
42
42%
42'A
42'A
20%
20%
21
1238
*12%
13
12%
12%
29%
3%
112
29%
22%
*110
4%
4%
29%
22%
112
4%
29%
22%
112
4%
20%
*127a
30%
30'A
22%
22%
112
111
4%
4%
13
30%
2,100
22%
3,500
■;vv,30
4%
1%
1 Va
13A
l'A
1%
1 %
12%
12%
.13%
12%
13'A
26%
26%
27
16%
16%
.16 Va
17
17%
28%
29
29
29 Va
*29%
347A
343A
347,8
34%
34%
5%
6 V«
16,600
29 Va
34%
26%
16
5%
*16
28 Va
28 V8
34%
34%
34%
5%
5%
'
For
footnotes
see
page
791.
6
.
5%
27 VA
6
26 %
1%
1,800
200
111
12%
8,200
13'A
4,700
27
,'•
1 Va
13
27'A
27 Va
X16%
6'A
'
:
5%
-preferred——
Lambert Co
Lane
No par
——No par
(The)-—
Bryant
Lee Rubber
——-—100
;
& Tire__
1—1.5".
(The)—1—^——I
Corp————5
Lerner' Stores Corpl—«, 1_.N0 par
Libbey Owens Ford G1
par*
Libby McNeill & Libby—
7
31,900
95
Jan
Apr
11
Dec
127
32%
5%
Jan
10% Nov
33 Va
107%
May
50 Va May
122
.
73 Va
129
Jan
25
53 %
72
Feb
25
61
10% Feb
10
xl2% Jan
19
14% Feb
Jan
Jan
Dec
Nov
24% Jatt
17% May
62% Feb
Jan
Nov'
138
Apr
18% May
8
64
Dec
Jan'
79%
Jan
11
May
7% Aug
Corp
Lehn St Fink Prod
25
5
Feb
Feb
23
117
Mar
Feb
26
25% Feb
24
9% Feb
26
124
122 %
5%
/ 20
7'/a
83
11%
103%
Feb
2
Jan
2
Jan 13'
Jan
6
Jan
2
Jan
2
Feb .1
14% Jan 2
87/b Jan '4
:6%
■
Feb
Jan
.
Jan
29
r
,
9%
35
17%
11%
Jan
2
22 'A Feb
Dec
14%
Deb
17
Feb 25
Jan
Jan
:37'A
Jan
15 Va
Dec
29
Jan
27A Feb
13A
.
.
Jan
30%
Sep
40%
Feb
Mar
22%
Jan
17
f
2'A Jun
26% Feb
20
19% May
18
22'A
Apr
3»A Jan
.
•.
27
Jan
29%
Jan
12% Feb
17
7%
25
21%
Apr
Apr
13
42% Feb
:
213/'B Feb
1
11%
Jan
18
Dec
12% Feb
6
11V4
Dec
30% Feb
26
22 % Feb
25
7
Jan 12
Jan
6
Jan .8
Jan 12
Jan
2
Jun
Pec
105 y4
•
11% Apr
'
Jan : 5
9
Jan
May
27% Jan
4
26% Jan 27
24
14%
23 %
31
5
Sep
103%
24% Jun
2
-
Feb
Jan
11 Va
26%
.
15
Feb
77
4
Jan
Feb
2% Feb
•
39
11%
100%
Jan
100
24
17
.30
Apr
03% July
10%, Apr
23
Jan 2
Jan . 7
Jan 13
Jan 12:
Jan
2
2% Jan 11
23 % Jan
4
24% Feb 26
Nov
4%
Feb
82% Feb
15 Vb
25
1%
34%
18%
29%
7
10% Feb
.
Oct
Oct
May
6
1
107
Dec
7*/a
81% Dec
16% Feb:24
Jan 29
28% Jan
7:
13%
124
16
26
103VB Feb
.
Jan
2%
16
15% Feb
93
102
Portland Cement!—20
Jan 4
4%- conv preferre.d__.__i_'——100 •
107% Jan 27
fLehigh. Valley RR——
50
2% Jan' 2
•Lehigh Valley Coal J—'—No par
lii Jan 2
6% conv^ preferredi
——50
HVaJan 6
Lehman
5,800
10 y8
Apr
7
•
3,600
900
;
Nov
Jun
4
Lehigh
1,000
17
6'A
-
Nov
8% Jan
Kennecott
200
>
20%
1%
28%
1,500
V
20'A
22
.
400
I
39
42
28%
22
38'A
1,000
2%
20 'A
.
T23i
112
373/4
16
•
7 VB
64% Jan
54% Jan
,,
Keisey HsiyesvWiyi conv cl A—-/-I
Clasa B—_——1
24%
41%
34%
No par
Kansas City Southern———No par
A A% preferred—-'. ———100
Kaufmann Dept Stores——L_—_l
5% conv preferred-^-103
Kayser (J) & Co_
—
5
Keith.-Albee-Orpheum. preferred-100
& L pf .ser B
25%
37%
28.300
f
7Vb Nov
24% Apr
23
133
Oct
Jan
Jan
K
■
Kendall Co 96 pt pfd A—__No par
70
29 'A
2%
12%
15%
1
26 %
37%
15%
29
•
12%
26%
■
22% Feb
19% Jan
25
20%
*27%
2,400
7
i.———_—-100
27
Mfg Co———
104 Vb
l'A
6%
25
Jan
Feb
39 %. Oct
73A
4
Feb
126
Feb
32
88'A
-
"l5
21
-
94
Jan
79% Feb
Jan
Kam City P
16,200
1%
.;
20
29
70
Kalamazoo, Stove & Furn——10.-
3,000
11% Feb
19
Jan
48 V4
!
85
pref series --Aj,
—100
pref series B- conv——100
5%
Joy
12
Feb
preferred——————100
Preferred
1,300
Jan
95
9% Jan
26
Jones & Laughlin Steel———No par
1
:
Manvilie—_——No par
Johns
1,500
6%
135
Jewel Tea Co Inc
25 V4
2%
26
15
-27%
Co—————I
—-No par
Jarvis (W B)
26 'A
29 %
2%
11% Feb
.:
Jan
3%; Nov
46%
2
19
25 3A
29 »A
2%
.
o'
15
15
Feb
25%
'5%
16'A
29%
2%
Feb
Feb
».
.140
26
tv:O: .?■ 21%.
■
•
*15%
*283/4
2%
8
'•; 8
,
5
1
preferred———^—
26%
36%
—
.
/104% Jan 28 A
24
25 3A
*2%
—
May
-1
Feb
26 Va
-•
94
Feb
30
Copper_i__—1—_No par
Keystone Steel St W Co.
—No par
Kimberly-Clark
—
-No par
Kinney (G R) Co——
——1
$5 prior preferred————No par
Kresge (S S) Co—
l
10
Kresge Dcpt Stores—
——IKress ,<S H)
—No par :
*29
—
—
.
May
May
40
ocr
Dec"
60%
•'-'
Oct
30% Oct
26
5
.
20
25 %
32 Va
26
;
Mar
26
1 'A
18
25%
—
26%
25 5a
•
16%
31%
,
—
35%
21%
'
10
16 V8
107
105
—
31%
291
16%
v
9%
105
*15 V4
•
16
:
10
10
,
-r~
7
9% Jan
<Dept Stores—-—No par
30%
15% Jan
43VaMar
-
25
1,400
>
124
■
39
33% Feb
Feb
*104%
'
16%
6 Va
25%
9%
*91
14%
-
42% Feb 25
12% Feb
18,900
14 Vi
122 %
/ 6%
25%
*104%
1
14
*
6%
9
<
14%
—
14%
124
6%
24 Va
*91
.-j,
•
15 Va
15 %
124
%
6
23%
"...
9%
*9
.*91'A
124
6 Va
j
4
:
13%
26
14
2,900
63%
71%
*10%
61%*
45'A Feb
10%
4%%
22%
10
19
90%
700
135'
21%
17
.
7
4%. Nov
Dec
Feb
'
7
Interstate
'.
7%
4VA Jan
57
;
15
6% Jan
6% Jan
-—100
-
i Iiitertype Corp—-———-No par
Island Creek Coal——1
'2,400
78
21%
13 Mi
-126 3A Jan
Jan
10% Feb' 15
7
102% Jan
103%
78
Jan
Foreign? share-ctfs—_No par
96
27%
*96%
132
/
11
27%
61%
:
6
l!l5
Preferred-—.———100
100
:I
30 VA: X
27
76%
*120% 132.
2,700
<
: 36/
Sil ver—————150
.1%. preferredj-—_—
1,200
145
10%
103%
Salt——/—No
Intern'l Telep &-Teleg——No par
/ 39,300
:>
H%
28
*96%
77
11
69%
%
10
29
Apr
1% Apr
24 V» Apr
4
97
12%
61
34% Jan
V
7
28
t
7 V»
,
*95 Vt
75%
30
2
International Shoe—— ._i_No par
International
:■
;
73A
7%
.
41 Va
8% Jan
,
38
15
4'A Jan
11
13
•
136
preferred^—————100
33 Va
Dec
July
Dec
1,040
.
Apr
Dec
62'A Jan
■,
!
45 Va
32%
Jan''
6b
166
40
147
5T
8
5
3% Jan
44
*41
Jan
Jan
43%
33
151 Va
Jan
43 Va
*41%
Feb
Jan
8
%
43 VB
.
Apr
5% May
109% Mar
18
..
12%
2
5%
.
10%
12 Va
•'•4
I.
Jan
lllVa
5%
'A July
<" 45% Jan
'
23%
100% Aug
5% May
"■> 3% Jan
44
Feb
3Va May
International'; Paper Co—
15
■■5%"conv. preferred——w——100
97
21 %
55%
■
6 ft
63% Feb 26
11
■
Jan
Apr
Oct
11
28%
-
Feb
12%
15
131%
.
Dec
74 Va
26
Preferred——___100
23,600
;
163 Va
5%
18%
n
168% Feb
9
•
July
Apr
8% May
1% Feb
:preferredli-^i-^-—i——100
■*y
Jin
16'A Feb
InternatT Miming, Corp————-1
Int. Nickel Df .Canada———No par
15,400
100
12% Feb
V Inter. Rys bf Cent Am——_No par
39
10%
i 154% Feb'
5
■
1,500
,-'1';
May
Feb
5
9% Jan
11%
1,800
*95%
133
•:
1,000
f
Dec
16%
4"'.-
%
:/■:
___u^5
4,900
*12%
*130
9
3%
42%
10%
76
20
Jan
56%
13
75%
56% Jan
162
37A
7%
11
20
103A
97
*10%
144% Jan
56ya
4 VB
*12%
*138%: 145
par
Oct
35
54
24
57
*95
29%
^7% Feb
3%
7%
.
2
56%
107%
.
'
Jan
6
37/a
13
■
St Chem—
14 Va
Apr
153
17
56%
98
;
Feb
37A
*95
a-
——100
tPreferred
:
Sep
74
26
'8
*
Oct
Jun
26
110% Feb
2
par
Internafc'l
•'
25% Feb
21
7
56%
*12'A
.
Int. Business Machines—-^—iNo
t
28
Jan
106
103/b
7%
..,.
21% Jan
Jan
f,
i-No par
—No pan
Oct
Mar
4Va
6%
23
10%
>102%
7%
'7»/8 Feb
10%
a7%
*102% 107%
,
27
9Va NoV
23%
42
10%
26
10%
33
■
..*33%:
.
12% FCb
43'A
,
*42%
<
42
*40%
.
33/B
;
.
6
10%
'
—'<=.'
•
5
Jan
>
(
136
*132
.
1
Jan
10.
i
4'A
x33'A
136
;
"•Interlake..
4,400
23,900
1
62
4%
Feb
62'
3%
55V4
;
4%
1% :V
1%
165
r
10%
56 >
'
V
136
*132:
/
17i» %
A - '/
5
*
'
17A
12'%
Corp—-_-J-_No par
preferred—-——
—100'
6%
Intercantl Rubber^-i—
12,500
168%
*167%
par'
Interchemical
,
r,
21,800
Jan
Insuranshares)Ctfs- Inc^-L—
1,000
7%
154
34
<
89
>
20
Inspiration Cona Copper—:
200
15
2
6% Jan
Co_—i___—;__No
Inland Steel
-
20,700
l'A
^•>.
1,300
.
7%
167%
33%"
if.
170
70
24%
Refining-s-—-i.-—10
—No par
IligersoU-Rand^---1-—i„L__No pat
6%- preferred——100
Jan
May
21
113/4
,
■
—
10%
55s/a
/
11% Jan
Indianapolis P. & L Co——No par
13/4
A-i,
Jan
Industrial -Rayon-.
16
w-A'
'
•
„
2%
Indian
7%
•••:
24
9
3,000
12Vs
.
6% Feb
Jan
4
—1000
6,400
4 V»
_>■.■
\
4%
33 Va
.
■'
\
Jan
2,900
1%
'
'
'
32 %
15
11%
••/
.
M.—
153 Va
13
26
34%
110
61%
167%
1%
11%
153%
;
.
25
7
12%
7%
,
25
Feb
24
Jan
•
5%
10% Feb
40% Feb
37
34%
6%
24
167 Va
60
60%
168%
154
*152
151
151
7%
—
2
14%
12%
.110
7%
7%
Leased? lines* 4%
BR See elf s series A—_
18% Jan
—400
—100
11%
69%
6%
7%
L
7
11%
12.
24%
7%
/
preferred .series A.
Jan
8
14%
69%
111
*110
7%
7%
,8
7%
24 Vb
24%
111
-
7%
—IOC
Co.—.
34%
14%
70
691/4
69 %
69
170
*162
170
"162
6
5,200
RR
112
8% Mar
Apr
28
113
Jan
4
Jan
1%
Jan
25
4% Feb
25
2%
AV2 Feb
23
II Dec ■
8% Jan
13% Jan 23
Jun
Feb
11
17%
Apr
17% Feb
25
11%
Apr
25
18
28
29% Feb
"35% Feb
15
'
6 V4 Feb
26
Sep
18% May
Aug
15%
104
Feb
'
May
4IV2
Apr
20% Jan
4
Mar
-
23 Va
Dec
Jan
15 V2 Aug
25
Dec
14''A Aug
26%
Dec
33% Dec
5V4
Jan
.Volume ■157 ?Number;4155
THE
►
.
•
.Feb .-SO
?
*30%
> Feb. 24
*31-
6?
65
67
67
*178 '/a
180 Va
179
25%
*24
29.
>37
29%
29
37'/a
>14 %
14%
f
16 '/a
'
*37
29%
65%
67%
29
i
29%
.
37%
.25%29 V«
37 Va
"•"37%
,
38
,
t
Series B_.
*
800
38%
Jan
31
Feb
15%
14%
•
•15t-
-14%
.
!
15
',
20
17
17%
17%
19%
19%
'17%
18%
20
1.7%
19 V*
».
'
w!18 >'18 /.
5
50%
Apr
73 Va
Jan
71% Feb
3
50 Va
Apr
74%
Jan
174% Feb
179% Feb
18
364%
Apr
par
22% Jan
25% Feb
17
16%
Apr
23% Nov
24
30% Feb
26
22%
Jun
32%
Feb
25% May
9% Jan
37 V#
Nov
1
Jan
34% Jan
19
12% Jan
.No par
.No
Liquid Carbonic Corp—'—
2,600
20'/#. -20%
4
38% Feb 26
15% Feb
24
<
>46%,
47
47 %/
47':...
47%
46%
47%
43%;
46%
43 %
44
44%
45 Va
'
6%
67A
7%
47%
,
47%
;
.\5,900
T
6%
20%
20%
20 Vt
20%
20%
.18%
19 Vs
18%
19
19%
154
,
153
154
'"
:
65
25
*130
135
'
154
>•
153
66%-
.
*152
24%
"7%-.
10
11% May
16%
Dec
20% Feb
25
14% May
24%
Jan
19%
3,400
v "■
152 Va
152%
>■18
<
18
par
42'A Jan 1 7
48% Feb
par
37% Jan
11
45% Feb
25
par
6% Feb >' 4
7% Feb
26
Corp—
Long Bell Lumber
Loose-Wiles Biscuit--
>
.
18% Jan
—25
Lorillard. (P> CO—
/
15
37
Jan
31%
Jun
46%
600
7 %
13
21
Feb
2
19% Feb
148% Jan 12
100
1 No
par
15%,Jan
.
15
15 '
>3,500
154
11
Feb
Dec
19%
Nov
16%
Mar
11%
23
18% Feb
6
2
128
59% Jan
8
69% Feb
-10
20% Jan
8
24% Feb
Nov
153
Dec
18%
Jan
55%
Sep
76%
Jan
15 Va
24
Apr
Apr
23
Dec
131
11
32% Feb
Apr
Mar
11%
'
'
100
Louisville & Nashville——
Jan
7 Va
'
1
<.
Dec
42%
'
2 Vb Mar
'
16% Jan
110
-
preferred—;-------—
Louisville Gas &■ El A
*
'
'
'
80
■
■
i-
'->68% -69%
69%
14,100
1.1,000
■
Star Cement
Lone
.2,300
:
■
'
>19*'5 f
19%
(
i
20%
*20%
V
18V»
68%
45 V4.
:.7%
'
153-%
:■
"'-18 V
67
45'A
.
.
20%
18%
18
24%
66%
20%
>';
•*
15,3.
/
*17%
18
a
64%':
65
*23
> 6%
177>
•>
18
"17%
i:
•
g%:.
6%
*19
.
43
43%
•
*6%
20 Va
Oct
18% Feb
5
.No
No
12%
'
43 %
Dec
6
.No
Loew's Inc
,1
177
*
13% Jan
16% Jan
par
-1
Lockheed Aircraft Cofp—
21,200
Jan
70% Feb
'
20%
20%
33
63% Jan
'
■
f per share
Mar
100
.No
Lion Oil Refining Co_J■—
2,000
.
Highest
f per share
63 % Jan
Lima Locomotive Wks—— _No, par.
.No par
Link Belt, Co
,!
—
7,400
i
1942
Lowest
I per share
23
—i——:—
Lily Tulip Cup Corp__-
30
Year
•-'Highest
,«■
23
—
tPreierred
1
;
'.
I .per share
—3
Life Savers Corp
; Liggett it Myers Tobacco..!.;
Lowest
■
*
>■• 15
17%-
19%
.
far
150
•
-25%
.' 38
'..
'
»/2
29% V30 Va
-
•
100
-700
2,300
J
178 Va
*23.c
•
Range Since January 1 J
EXCHANGE
ft^Shares
66
178
*23;
j
v
Range for Previous
NEW .FORK STOCK
far
the Week
.
65
•
66
i80>
■>29%';
25%
•
>.
*31
v65
66 %
•178%
■
31
"66% '
66
•
Feb. 26
f per share
32
>65
179 v
*23.
37% '
15
-
14%
*30%
32
179-
25%;
I per share
Sales
Friday,.
y
w
•>
'
17'/a
19 Va
%
Feb," 2ft
;
.
65 V2
> 179
24
••
66V2
65
68'/a
"
Thursday
I per share
,
32%
68 Vs
STOCKS
Wednesday
<
•
>< per share
31 Va
>65
Feb.23
v,
v!
I per share
I per that-§
'30'/a
Tmiday-i,
<
,■•
Feb;; 22
,
LAICNANIF,&
CHRONICLE
HIGH. SALE PRICES
LOW AND
Monday
Saturday.'
COMMERCIAL
26
M
\
•.> 24%
*132
24%
•■» *132
.£ 138
....*24%
138
*132
■
*23% i-24Va
24%140
■
MacAndrews
200
>4
*132:140
6%
31%
32
>,
23%
23%"'-'
10%
23
23 %
23%
11
10%
23
32%
11
31%
.
,
*3%
:
■;
-
22%
:
4
-■>■
9
*15'/4,
'
23.'A
'
••'>>
12
11%
11%
11%
19
19% >
IS V*
19 Va
19'A
12
;
-100
Ir\c_—-——No par
'
>
5%
35%
24% '•
*•
*35%
/;
4
36
24%
,&25 »
>'
*3%
4%
4 *24Va
43%;
*22 .'•■>
23
—
•
*
16 i- ■'
16
V
1%
1
4
1%
12
12
11%
11%
20%
•
.
20 y4
">
5%
•
5%
36%
23%
5%
/
24%>24%r * ;>
*167
*
..
13
;
13
110
'
'23
10%
>25
25
(Glenn
L>
41%
'••
16%
25
'
Corp—-_--^-.No
Corp>—!—»!—No
Masonite
Master
Elec
Co
-7%
7 %
Wks!—-,,-No
4i%
22%
10 V2
41%
v:-
17
8
%
i
.
/'
22%
*101 >
8%
81
•
78
.,
>
Vj
.
.J..
•"/>
i
•
8%-
110
$3
v
•6%
29
29
28%
-29
&
6%
8%
"17%
2,800
:
23%
23%
-112%
112 Vi
•59
•:X';
8%
59
•XV-
115
3%
4
•
"•■>->•
77%
'
*75%
-
'
16%
>1%
* 4%
i
22%
'■
"-•
"
■
'
8%
8%,
•
8%
88%
89
28%
7Va
28%
28%
>7Va > 7%
>
>
28%
:
28%
30
*v
29%
30
>
V
<
76%
16%
preferred
77
*
16%
>
.
36
*
-/.r-
*34 % •.37
^
——No
preferred--:
No
cum
McGraw
Elec Co——/—:
McGraw-Hill Pub Co—
>
-
28%
28 >A
>-■ 4V«
*
25
Jan
8
36% Feb
24
22
,Jan
11
25 Va Feb
24
21% Jan
2
3% Jan
-5
.
3 % Sep
22% May
*
19
Mengel Co
Merch & Min
Mesta
17%-
67%
#%
7
*41%
,43%
V
•
8%
.•
'■>
!
7.
:
*66
115? '
.
'4%
>-ii%
i%
> H>>!4
oo '
28 '
•
/.
V
18%
S6:50
/ .1,800
16 "•
Jan
3%
Nov
167
•
TVs
21% Feb
pat
100
par
V:
.
'" 68%>
7%
*
>>*41%.
>
7%;
":7V»
9
Jan
Feb
9
%
Morrell XJ)
25
;
V 26
Morns
58
,
>\ 3,700
4.200
MullinS Mfg Co
110
1,100
,
A:
*
•
400
100
-7,100
'A
•
Jan
4%' Dec
6
Oct
29
Oct
Jun
Feb
26
21
Apr
Feb
'25
24
ft
-
24
33% Oct
Dec
5
•
>
Apr
30 Va
Jan
7V8
Jan
19 Va
Dec
>
>
>;*247/8 Fob
26
16 Vb May
>
23%
Oet
108 Via
Nov
114
Feb
-
15
61, Vk Jan
■>
5
2
Jan
,
.2
90%
:
r
57%
15
>. 59% Dec
,
'108
>
Oct
111
>
Oct
3%
Jun
Dec
67
Apr
•
%
Jan
>
Mar
14%
8%
26
Nov
:
'
66
110
Feb
'26
Feb
38
Feb
15
Feb
'25
28% Feb
18
"
>
'
Jar.
>
Dec
4
Dec
12%
1
25% Jan
"
2
•:
68% Feb
15
>"
Feb
11
>
:>
7% Feb
49
•
Jan
May
4V<
Jan
30 Va
Jun
Oct
3 V*
>
63
Jan
108% Sep
19
>11
Sep
50
11%
-
15
42%. Feb
34 % Jan •12
29% Mar
:
•>■'
,
48 V« Mar
.
>> 9Vb Apr
/> 20'% Aug
5
115
34%. Dec
;
26
>
Feb
6%; Jan
26
2
Oct
110%
28%
-4% Feb
63% Feb
5% Jan
120
.91'! Jan
Apr
>
18 Vb Feb
,
>117%
May
-
5
.Jan "25
.
May
May
23%
.7
Jan 1,7
Oct
Oct
Oct
"
12%
26
Feb
14
.
18
Apr
"
3
l&Va Feb
35
;
Feb
102%
<
10
'12 "A
ft
4;%
•
112
Jan
V 63
>
•
10
Jan
,
15
112
12%
1
*112%
12
8
Feb
1%
1%- Jan
19
8 /'
■'
V
26
: Feb
2;% Jan >2
•'. 53
:
•
103%" Jan
>
119% Feb
lie
i5>
\ 11'% Jan
Murray Corp of America-,!!
ilO.
& Bro
T-No par i
Jan
Xl07% May
1% May
•
21% Feb 25
14
Jan
,f 21% Jan
7 % Feb
'*
9% Jan •7%
;
1
Feb 25
' 3;
f
A
Jan 20
31% Jan
% 13
\
78% Feb
7
% Jan
.* 33 % Jan
•>
Feb
>17% Feb
,
17.% Jan 12.
108 V» Jan
1
>« -
.2
115',
.
108
13
Apr
35%
113% Feb!
4
i 4% Feb 25
,
;
7
88%
-
2
1 4
.118
par :
—
12 Vb Mar
4
'
Vi' Jan
,
> 86
'
Murphy Co (G C)_———r—No par
4%% .preferred
:100
24
19
Jan
3% Jan
•
Myera <F.E)
:::
32
"
h
Munsingwear Inc-,4—->—No par*;
,-.
Feb
Jun
7% May
Feb
8
> 13% Jan
—5
class B—'—
Mar
72
22%
> 23
1 4
Feb
X
$7'preferred—4^-—No par
.
77
Dec
7% Feb
4
6
Feb
y
107
Motor Products Corp-:—-—-No 'par
Corp—_4——
Mueller JBrass ■ Co—
Jan
20%
-
"
& Co__:—"—No par
Wheel
Jan
Oct
24
.>• 30
13
'
106 Va Jan
vlft,
Motor
108
Nov
Feb
31
20% Jan * 7
,'_10.
*1,600
Dec
»7%
Apr
'
par
,1,300
Dec
15% -Dec
110
Jun
24
31
5% Jan
Essex4_——JSO
&
".
7Va Feb
4
Jan
.
Jan
55
*
/;
Nov
64%
26
13
Dec
9%
39
X5%
-
26
30% Jan
>
94
Jan
24%
May
5 V#
/
>
Dec
108%
Oct
9%
15
Feb
Feb
.
29
Jan
V 27% Jan
•
V'.
Nov
•
64% Jan
series C—'—No
8% Feb
89
75
.
4% Jan f*
Montg Waid & -Co Inc—No par
9,560
V-'
22
Jan
101
12
15
preferred———:___No par
»$4- preferred
23
Jan
•
4
67.% Jan
18% Jan
preierred————No par
B—^No par
Feb
>104
24
27.
per,
Monsa nto ^ChemfctH
>>>■•> 90
7 Vs
:
Feb
60
>
>/; 7%
Jan • 7
.
6 > Jan
1
"
*41%;i, 45
>-%/F•:•>;.>
.:'•> /•
;
6
.
*1I4%>115.»4
- 45
f
•
:.i
preferred series A-100
MohawltV Carpet1 Mills—20'
.v.-
*65% /67%
•'-.
:
12
7%
,/•; <7,200-
28 »/a
Jan
101
Apr
6%
26
113,% Feb
Corp———,—
14
•17% Feb
Preferred series
i
Sep
27%
•
110%.Jan
100
Impl_-__—I
Power
'
•
15
101
Mo-Kan-Texas RR —-—-A—No par
■
V:
176
99Vb Aug
-
27
10
Prod————No
15
26
■r
7
109% Jan
:5
Petroleum—,-
Feb
10% Jan
> 42 Va Feb 26
7
;:
-Co—,—.——4-5
-
Jan
11
—1*
No
15 " A
•14% Jan
1,600
/
13%
24
8% Jan
•
i
1%
16
104
38% Jan
>
1 f«
Trans Co
13 % Feb
19% Jan
1
preferred series G—
Mission
^61,500
>.18%> 18.7/a
*214%' 115
45
4'/a Feb
25% Feb
pfd series B„——100
conv
Minn Moline
.
-49,700
•
*34%><- 37 v<
18-Va
% > oft
28%T
■
.....
*41%
Jan
2Va Jan
preferred
-4
-100
Minn-Houeywell .Regu——-r_No par-
$4.50
>8'A
18,% '•
18%
"3/!
46%
1st
cum.
300
■;
•^-'4%>"'4%'
''<>;4%>>4%
v61%> 62Va''-/ »6t%%63%. .t;
4Va18
67% l<67%-''
114%
45
•)«
28
61%
...
Apr
-18
Copper—————
.4 V* %
'V;35%';-36 Va
> %i:% > i i%> i
28%';
:•'., 18 -;
114% '
**
>>;7
61
.
•
.
67% J
114%
V
18 %'
a
27 %
Apr
31
•preferred---v-----i450v'>
Machine
Miami
-15,000
"212%-' 112Va
13%
41/4 V
61% '
-■
17%
>
-
•
-
162
25
*
€onv, 1st
*119>'>'>->'.'</
•!:''•
V'36'%i;" 36 %
V >-: *34%
37
11%
'
29
44% Feb
—
(Thet————
Midland Steel
;'
Jan
Jan
Jan
Melville!. Shoe Corp-*_——-I
-A" 90
.
29%
Jan
—
1,800
'
Nov
19% July
15
Jan
Dec
25 VB
>
37
S6'preferred series A—No par
SS SO1 pfd ser B w w
4—No par
>
200
li7>>>' •'• ..*115'% 1117
"
-
25% Feb
■•
6 Vb
34%
Aug
165
cony preferred—44—j,——100
Mead Corp—
———-No far
60
-'"86'A" 87"'>
87'%>'
-
>1'1'
*119 '
-
par
1,800
*115%
18%
11%
*13%!
4%
,.
60 '•
r.
114%
-♦41'
' 5% Feb
32
preferred-——4—100
-800
•
4f«
'•/*110%: 112Va
37
17%.
514 %
Mid-Continent
21
,V
36%
*34%
> 13% >13%>
07% > 67%
,*114%
Jan
j,
.6%
•
\
112
."*
-
ll's
-i *17%'-17%'
>
26 Va
1
^—'—5
McLella »'Stores.. Co-i
50
1,100
;
3 :>
: 86'/a
>■
.-112 V
17%
60%
-
17% May
par
par
—-No par
Molntyre Porcupine Mines
McKesson & Robbins IncA.
'
../
37
<*34%
16%
j
4 Va *' U Va
>60%
'26
Stores
•6,800
•:59V2- 59%
'*107 " 108'
"
>'2%
>
->.36»A
' -.711%
W--,,'
>i: 28%
26
i
♦119
V
"llOVa ■112 >•■:
13 %
*13%
20% Feb
Oct
.7,500
■;
'?*6%'>'?77%-
87 Va
*115%
37<-r
^-v
t
•-
>
_i'>
86%
-
"i-X
116
•W*V.
16%-16%
>"• 11 Va > 11%
-
*119
112 >v
36%
87
•87.
*115%
>■>>>;.'
36 5A
>
Jan
18 V4 Jan '•■ 7
Jan
>,1,500
^
77*"-/' ■••>• 77%
.78%
I7%>* >>:/17%>I7%
'
i7 r-;
1 Va : -i% *»* *•;;) 1%
2%>
4V« > 5 V»
" ' >>5% > 6%
20% •
21 *
20%
20%
•
>;
116*
*110%
Oct
12%
14
1st
990
*111
'
nii>.'4->:',-!
''J->4Va:-'-VAVa ""' ^•••v>>4,%>
*
'
77
16% >
:
30%
22%,t 23 '>
< -*107 >108 >
4%
*76
'
-
">.59% >59%
■i-
*119
11%
Apr
May
23,900
112J/a" 112%/
■*
113 Va
T
7-%
Vr24%-!l;24%
107 *
4
:
30 *io
-
.
24%
•
20'/a
*115%
Jan
8'/a
*
7 Va
:s30ye ' 31
23;->\
22%
,
:•'** 87% >87%
4%
15
10
1,800
-.7% > ,7%
23
*111%
•>"'•
29
*
30%
7% '-
-
107
1.1
4% '
•
-
58% >59
115>
30%
*112% 11-3 —••*'
60
■
>:
30%
29 Va
;
29
~
"
22%
*23%
>*
'-*
29
•>
'
'
<>
20
12% Feb
12%
'
>*20%
12'/a Feb
2
Jun
180
A
Jan
"
5
Mar
A 6,100
75.
V>: 7%
i
-
»
107
v4
16%
■
"
'75 "'<
*281/4
'
24%
*
*75%
16'A
1 Va
4%'
-v
'•■>
:
8%"'
8%
87 ;/v"
73%
"
Nov
3%
9
7,000
•
Jan
2
Jun
76
100
>
16%
% Mar
2%
2
9,500
;
107 >
86
31
:
'
7 Ve
*111%
-
x8%>
x8%
>
>
.7%"
>7%
73%
85%
:•
30%
29-
7
*106%
>'•
'
7% :.-
■ ■
7Ve
;
*112%* 113
-
1071
*111%
24
•
•-7%
112
73%
85%
*71
30%
>'■; 6%
'•*22 Va.
'
59 Va
*106%
V
17
9
600
• 17%
"U0V4
28%
•
7'/8
28%
6%
22%
v
11
14Vs Feb
1,400
*;101%>10t>r>!>' *101'%
:
<:
"
•28%
22%
10
Feb
4 Vb Feb
Dec
100 Va Feb
1,000
111-'
*110
101
'
t
Feb
2
X6V2
Jan
$6
McCall
"
6%
29
'
'
8% '
'73% x'
28% ':29%
'
>*28%
16
r
Jan
Jan
12% Jan
Corp—
1
11% Jan
McCrory Stores Corp-^————1 >
<104
Jan
>',5% conv preferred
100!
10
600
23%"
>10%
22%
10
'
::
17% "
•
"•7% >
101
85 Va '
•■*71
28%
k< 6 %
> 29 >
103
*82%
•'
•»
28 %
2
4%
Jan
No par ..>
—
500
25
>42%> 42%%
"
42- •* '
41%
>
17%' :
110
7%
'' >
J.
<iri
'
81
Feb
Jan
27%
>
-10
Stores-.
Department
Maytag Co
1,200
•
10%; 10%
41%"
167/«
.
110
*
'•'><•»* *1
7%
*71
9
Dec
100
preferred—
May
"
■
16%
*109;
103
9
••'
■—
Alkali
Matllieson
A 1,200
*ioov4
14-Va:
"
*101
2% May
5
May
11% May
9% Jan
h
Co—«*—
Martin-Parry
600
2,100
.
13%
'
Martin
175
•'1'4% " '14%•
*;?'>' '">"12%1'"' 12-% >»' 12%/j'l3- '■>
*105% 110 "V
>' *105'A 110 >•■':
14% •
22% "
"
*10V4
*167
*100%
14 Va
■
v-V *105%
■■rV"-''
*22
110;
>10%'
■>
-
4
;
25 >
175-
43%'>44'%" *•••", >*44%t,45 '>'
4%
4Va
'/,»'4'/>■■ 4 •/>
100'A
■-14%
13 V8
.
*22
at!
v.
110
r
•
19
*•
•■-
26%
100%
103V4
41 '/a'
16%
*109
-
24
18
6% Jan
No par
'
*40%
>
6% pr preferred—100
Co—
Jan
Nov
23% Feb
1% Jan
&
21%
9%
:4 % Jan
3V» Jan
Field
Jan
17Va' Apr
24
14 % Jan
600
•.
:>:/
24
par:
Jan
Jan
35%
Jan
*
—25
Marshall
8,700
36
*23Vi
11
11 Vs Feb
'•
•
%
26% Dec
3% Jan
_1
Corp——:—5
Midland
Market St Ry
6,400
12,700
5%
36 >
.
20
Co—————— 1
Marine
13,500
>'
4,340
24% Feb
Jan
Maracaibo Oil Exploration
1,400
4 Vb
•
;■ >
Copper—
Manhattan Shirt
600
•
•'
'lVa'-V
4
23%
.
<25
*24%
14.
12%
-
v
10%
16
'*
"
36%
-
175
3% >
25%
14.
■_1
110 ••%■.
>-10%
Bros—.——No
20%
•
4%
24%
.13%
-
Mandei
19%
43% >44
*100%
13%
*105
*;•'
*4
>
25%
13'A
*8%
11V«.
36%
*167
'
'
*100%
13%
9
12%
25%
*24%
175
'43
'
■
Sugar
11%
5% .'
>
24%
>
/
■25
*167
43
;
Manati
""
•'
43
Magma
7,900
"1%
10
*
*
*
*25' J. .-'25%%
*167 >: 175
•:
2,600
Jan
*
19% Jan
No par
10
23 Va
12 >'
'» 5%
35%
24 %<
Co Inc
n.4 Vs
'"
>> 5%; > 5%
5 Va
7*24%
Madison Sq Garden--*—
23%
'>16,;-:
19%
Macy (R H)
1,200
> 9
122
28
.-—-No par;
3,900
:
13%:
*8%
>,
Trucks
4% '-.
4
■
> *35%
U
23%
Mack
; 3,900
24
11
12
> 11%
12% ?
24
II-
12%
12 Va
11%
>
23 Ve
,X23%
.
:■■>'
4
3%
32%
11
4Vi#
9
>32%
23%
..
15%. '•15%
17/B
1%
•'
■
4
>
:,-.32Va.../32%:
t.
23 Va
•-
*8%
1%
' 3%
....
11%
'•;> » 4 ■">
16
-a%..
,
4
■i
23%
It:
,
:. 8%
■
32%
23%
...
,
4
V15%.
2
3%,
11%
32%
23%
/••
*8%
..
16
''1%.
v
•
4
*8%
„
'
Forbes——
&
preferred—
'
r
Nov
Jan
Feb
17
/.
Dec
69%
V
Jan
113
i :■• /'
/
Dec
6%
Nov
39%
Feb
3 Vb
•
July
N
al%
1%:
7Va
>
7%
'.
29
29
16%.
Uv
6Va
•
;
>;•' IO{A
•
9
,7%
18
•
19%
'
.
8%
'
7
7%-
22% 't
10%
10 Va >
16%
16%
17
<
>9..
8%
9
9%
> 9%
9%
9% >,
26%
27 Va
26%
>17%-
;'
19%
6%
>82'%
"■
7%
> 83%
19
Va
/-7%
<7%
•:
83 >
:-t
..4-
27 %
*17%
,
10% ;10%>
Xl6 V4 *16%
.->• 9 «"v
„
-4 *9%
,
16%
16-
*144
146
■•''. 17%
•;
16%
168%
!,"
'166
>T
18%
32
*
'3%
3%
,
'
"57 ?'
56%,
:>">8Va
•<
>66 Va
17%
>68
V
,'
10
v
:.70'4
'">
:
7%
"...
18
18
81 Va
40'A
41
7%
,
112
7%
18
r
71%
'
*110%
41
112
,
18 a a
*40'A
.42''
,
112
30%
31%
30%
31%
12%
12%
13%
13%
14
19%
19%
19%
19%
19%
*100 V4
101V8
100
see
page
791.
»*>.'
100
*79
>
>>
7
68%
■ft
60
> 3,100
3^4,'/•••"8'-*V
18
"
:
10%
%
:
*2,900
;
.*79
■•
:
8%'
10v8
5,300
>
5,600
v
:
1 3,700
200
83
40Vb "41%
"V 32%
.33%
135/«
•
13%
•
par
13
7% Feb
16
23 Vb Feb
.
9% Feb
,
Feb
19 Va Feb
,
7% Feb
24
Oct
16%
Oct
May
166%
Jan
12%. Apr
> 3% Jan
.
16%
Dec
.
11
>v
Jan
.5% Nov
20
6%. Sep
12%
9%
Apr
.26
14%.Mar
3% Apr
18
60,.Jan
.
Dec
15% Aug
7% Nov
8% May
17%
Dec
9%
Apr
4%; Jan
.
26.
84 V Feb
•
9%
Dec
May
26
A>6:'>- Jan il2*
j..l
Gypsum
4
$4.5ft Conv preferred——i_No pari > 70% Jan
Oct
V* Nov
8%
13
.
5
15
V '17% Jan
5
;'
140.
.
8
28 Va Feb
Apr
6%.May
.
15
/10
1
19%
5% Jan
24
14,
9% Feb
x25% Jan
•
Feb
Oct
%. May
3
.
18
-17
7
29% Nov
13
15
.11-Ve Jan
>
,
* 6VbJan 13 "
,
..10:
& Stamping— i_...No par
—.—ilO'
National Lead Go
!7% prefeiTed A——A
,
.6%
preferred B_
Nat Mall
>
V
6%
72
r
National Power & Lfc—No par
i
V
$2ieonv preferred--—
SVa % prior preferred—_!
6%
prior
National Tea Co_l—
1001
—100
Li—No par
Natomas, Co
-2%!Jan
,.,•
>52.
14% Jan
Nor
Sep
Nov
Dec
Mar
l.No par!
157!
Nehi Corp
>f
100
.4% %
4.400
13,700
19%
3,000
100
conv
Newberry Co
5%
>
f
serial
No par«
—
NelsnerBros Inc—
!
;
c
6!
Jan
:
(J Jl— —uA—No pe*>
preferred series A—!
Newmont Mining Corp__i.—i
Newport Industries
N'port News Ship St Dr Dock
$5 conv preferred—
16
100;
10
1
,1
No par
.
'25
Jan
4
15
24
15
>
15
;•
68 V4
72% Feb
26
25
4% Feb
8% Feb
26
10% Feb
.
26
(
Feb
51
4%
"11
Feb
'4
:
Oct
9%
>!'
;•
Feb
70
Feb
9%
Dec
17
Dec
9
70% May
75%
Sep
Apr
39%,
Dec
Mar
110%
Dec
Feb
23
30
104
2
33 % Feb
26
10% Jan
12
17% Jan
> 95% Jan
63
.
16
112% Jan
Jan 11
Jan
Oct
Feb
Feb
..
19
37ft
Oct
Jan
18% Feb
;79
28
110% Feb
16%
May
5% Mar
26% Jan
;
3 Vb
54
2% Mar
!
Jan
Nov
>6% Jan
45% May
26
4
i
9% Jun
;
36
4' May
•18 Va Feb
2l
4
,
1% Apr
43% May
3% Feb
Jan
>17% Mar
29 Va, Apr
.
9 Vb Feb
5
Jan
13% Dec
57% Feb
7.
> 8V» Jan
A 74% Jan
146
2
Jan
2aA Jan
1
preferred—10®.
168
Mar
5 '!
Jan
62
May
129'
/
2.;
{..
16% Jan
145
13
•36
4
;
Apr
13
Feb
xl8% Feb
Jan/5!
A. 5.% Jan
l.40
preferred—.
5 !
2 ;
31V4 Feb
11%;
24
Feb
145
-
14Vb Jan .13
t
,;
National Steel Corp——
l25!
National Supply/(The> Pa———10-
6
! ;
16% Feb
170
;
Jan 13 .'!
'Jan
137
£<*»—-i-A!
2
Jan
;16®
No par
& St'1/ Cast*Co
14.
r
10®
100
j.
National Oil Products
■
•IOO'AIOIVb
19%
Feb
National
290
*110'A 112
-
20
-2
14%,Jan
Nat Distillers Prod—i—..tNo par.
800
72%
-•n'A'is'A'
>83
101 Va
21,100
>: 2,700
12,500-:
68 Va
VI-
•>7%/>
*40% ,s'4I*% "
"lOOVt
jTo
•*
17
5 A
5% Jan
,9% Jan. 4
..No par
National Dept Stores
6% preferred—
15
A 18% Jan .' A
par
—1
-
'10%>
1914 > 19%
••
200
4'A
X31% > 32%
13%
13%
-
••; 72';
l~No
Register—_A
^
Nat Enhrn
17
;
..lit
National Can Corp——
200
'
18V>
//
112
'10,400
>
<
8%' ,-•9
'
■
10%
*110%
30%
footnotes
•'
Xl7%. >l-7% >
'
12%
100%
••-■;
■
83.
*110%
170
:
'
,
A: 16 ■ -'VI: 16 %:
>>>145'% 145 V
72./•">.. 72%
'.7%.-.
30%
For
,
par
25
Feb
7
Jan
>
16% May
\
>?..*167' A
*67 v..V 68%k
> 3%
10 V,
*17%
-8%
Share Carp-A*,-No
:10 Va Feb
168
2
.
Jan .4
,162. '
1
;
18 Va /I8V4..:
4
3%.
*18%
*9814
/
./■
*79
•
/
68
70%
lOVa
*
4.900
>»• 300
^>16,900
» 140
>«,>-.A;3 ,%rr<3%"
3%>
•t.
5T%> 57% <
57% ..'•A 57%,^ 57.%>
18%,.
>67%
10,
/
/
3%
*>
146 t
&
Nat Cash
400
.
.'xl8%'18% : •r>,"U8yi> 18%
*
8% >.
'
>V
*79
*39 Va
•
3>» <
57%
18
; v
,
preferred—i—ift.—:
Nat Bond
15% Jan
>19% Feb
■«! :}.
8% Jan
•'
t.10
.100:
Dec
3%. Jan
.
.
—5
Corp— *
Cb—J
National Cylinder Gas Cos—
Nat Dairy Products/-^,—.
4,300
;
ft
-
7 V#
3,400
t
32/v.^ :>>3i%>3i.%v
8%
3%
10/
*79'/"
•110%.
>,
67%
70
'
>•>"3%
>7%
> 7 V*
"l 'o "
*67
_•
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18%.
; /
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,
:
*17
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18%
:.-';.♦ 3 2%'.
>. 170
*144
>
V •>«'
;
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*167
146/
18'A
..
56%
57%
>8%. ..9 • :>
>' 9
,'.-69% >70
3%
18%
27%>28
National" Biscuit
2.900
14,800
*
#%
^ 19V*'<719%
i6%> •> >16 >>16%'* •>
171
-• •
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./> 4,80ft
i
>'« H 84 *4fi>84>' •
,>.83%:-83%/>>-#■ .V "> ^
900
.
'»:>7'%:*//T%
84
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/
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'>;.
16%>
168Va
f145.
18
321.;
'
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,
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145
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"i> W&S-.tSb'.*"
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;
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>:)
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9Va ";
National 'Aviationi
1
V»>16V|>16%:
9% •" •„.
27% >27%V '">••••"
:>
,
■
.'
1
;
4,300
23
15% Jan
4 •', -1.7% Jan 30
V 6'A Feb 15
:> 5V4 Jan A 2
:-.r 9 ' Jan 15
/>/»■% Feb
3
_io
1
11
25
5 A
•
•;
.-fti..
preferred——
conv
1% Feb
U'A Feb
,29% Feb
6% Jan >2,
*. 23 *A Jan j 2 *
1':
Nat Automotive JPihresAnc-.
6%
> l% Feb
100
Co-
f
:
>>10%!"' 10Va;
•
National "Acme
par is
-l-5 V
.INo
Nashr-Kelvinator-, Corp_^—_
Chatt & St. Louis-'-.
Nash
900
11,700
,
/.'.-,*170>V171>
.r>i9'>''<"l9
Liquidating CO——
300
22 Va
v
./> >..
8%
■
>
7%>V-7%>- /.->. - 7. 4 :>7%
22%-. >:>. 22,A:A 22%
•7%>
22 Va
v
>
;84
7%
.
10%
16%
19%
*82%
19%
22%
•
.
>19%'
iJYtQWVtX
>>::19%V"19%
;
590"
6,600
i8%/.>:i8%
18% /*"18% "
/.%
a...
<
10%
*9%. >-9%
26%;
>18%
19
171
22Va
>.;
16%.
8%.
27
18 Va
*170:
19%
>. -7.%,:
22%
10%
\ 16%.
>
34,000
>
.
10%
V2:.. 18%
19%
7V»
22%
6
*8%
♦170-A 171.
10%
V
!
>lO%<>10%
18%
•
6 V«
<?8 •><• •" 8.%
'
t
•
29 %> :>::>29>>>.-29%';;
29% ! : >> 29
/
17 Va. / >,
16%;-. 17-%/
."■/16%.>T6%
6 '.>./
"6Va
; 6% .ftVAA'V 6> <3';'a"6
A-<r. >*&%•«"■ 9">:•9..,.; /> *8% ;S
10%
,>.>.10%>10%' :'%>'io-».io%
..
.'/> 16%
9%
•
Nftbco
v
29
16%
.
6%v
;; 171
/. .19%'
V/a
*8%
/
10%,
.
>•■ 18%
>-..1
6'/a
1
.
'1%
*1%
'■Ik *1%»1%>
7% ".' .8 »
'8
!
8%:
29%
16%
.
;
1%
29%
<16%
8%: t
*170
>•1%,
t%
41
j
,
22 Va
Apr
30%
Feb
Feb
24
7'/4
Apr
11aa
Jan
2
19% Feb
2
15%
Dec
25%
Jan
7
100% Feb
18
93%
Dec
109'/a
Jan
14
THE COMMERCIAL, & FINANCIAL CHRONICLE
I per there
I per
there
Sales fer
32
31%
32%
31%
32%
12%
31%
13%
31%
13
13%
14%
13%
14%
12%
13,
13%
13%
13%
13%
14
12%
36%
13%
13%
37%
13%
12%
37%
37%
37%
1
19%
*18%
37%
19%
18%
19
;
7%
7%
7%
7%
7%
*18%
19%
83
340
35%
35%
35%
19
19
18%
36%
19%
7%
7%
Vk
•6%
H8%
*75
78
*95
78
102
*95
40 Va
u
'
A
23%
A
23%
23%
114%
*50%
*50%
"
*111
39
4
'•
*38%
4 j.
-
.1,300
12%
12%
12%
*'■
'
14%
86%
*85%
<v>> 11
14%
15%
36%
37%
37%
6%
6%
v.;-:?; 6%:
6%
87
50
57
56%
;
9%
*9%
8
57
9% ;
*26%
26
26%
16%
16%
;
26%
16%
17%
*151 "
152
:
152
*151
■
'i
.
3%
V
98
152:5;'3
152
*151
2%
39%
*97%
18%
26 ■!
2%
1%
28%
*16%
28%
28%
104
19%
'■J. 28%
;
29
;'./:'?.l-*.16",-
1%
1st
14,800
17%
17%
:2%
29
28"%
29
*17%
■;
2%
26%
7
9,800
17%
>28%
17%
17%
2%
26%
x24%
>
2%
600
f
>r
25
800
59%
*59%
59%
59%
59%
84%
■•V 84%
84%
84%
84%
3%
3%
3%
3%
3%
;l 3v;;
;>'■ '3 ;
:
40
2%
40
■;
17
*15
*108%
26%
18
■
49
*15
2%
34%
33%
34%
>v 34
5%
.5%
6%
.36%
37%
37%
38
22»A
23
22%
7%
v-;
6%
23%
33%
13
Feb
9
5%
Jan
4
Feb
25
1%
Jan
20
27% Feb
26
11%
Apr
16
8% Feb
17
6%
Dec
8% Jan
101
Sep
106% Dec
1
Jan
111
2
16
Feb
;;
24
2
2% Feb
10
12
40
Feb
15
20%
Jan
22
102
Jan
28
90
15 % Jan
12
1
Jan
1'9 % Feb
11
135
130
25
Feb
NOV
Vi.O-
Oct'
3;
Oct
27
Dec
2%
Oct
38
Dec
101
Apr
Mar
Nov
11% Apr
Apr
26
Feb
:
4
1% Mar
Jan
1
17%
Oct
25
100%
17% Jan 22
123% Oct
14% Oct
17% Jan 22
1% Jan
2
1% Feb
15
1%
7
29% Feb
5
19%
Jan
7
1% Jan
Jan
2
Apr
16
17
Jan
27% Jan
—1
% Jan
7% H.y
*22%
7%
7% i.v 8
6%
6%
6%
34%
V;"y'A 1:'\> •x
7%
38%
37
24
23%
26%
X25%
26%
42%
43 y4
42%
42%
v; 24
-•
S ' 7%
*6%
24
22,300
7%
;
7,900
38%
4,530
25
*24%
;
,
400
:
8%
8%'
6% '
43
6-;. ;
*78
79
:
*78
'
79
*78
17
17%
17%
18%
18%
18%
Xl8%
18%
71
72%
72%
74%
72%
74
71%
1,100
26%
28,100
42%
,
73%
79
43
380
*108
110
*108
110
*108
110
*111%
113%
iy8
*111%
113%
*111%
113%
*111%
1%*8%
47 l/a
W *3%
4
*98%
;
;
4%
38%
38%
6 Va
*5%
*111%
113%
1%
48%
*3%
4
88
*79
21%
*20%
40
*39
40
■
88
64
10%
10%
64
177 "
;
5%
166
*175
40
11%
,,170,.;
.180
A;, 5%
6%
'f:-.: 6%
65
68
9%
V
*156
65
31%
31
32
31%
68 :
:
68
67%
10%
67%
9%
10%
*154%
2%
2
/
66
10%
*154%
~2%
*30%
32
*30%
32
*21
23
*21
23
2%
31%
21%
*66
66%
v
,
;
2%
1,500
500
'
11%
;> 170
■
5%
7%
.
17
17%
19
19
6%
6%
21%
21%
8%
8%
8%
*8%
29%
29%
54%
55
17%
•18%
6%
7
30%
67%
67%
13%
'
12%
:
:
22
,
140
v. ;
■
2%
7,200
"2%'
1,800
22%
*22%
C
110
18
17%
18
.
7
3,200
19%
19%
19%
.
20%
20%
»'/a
9
9%
8%
30%
30%
30%
*30%
54%
55%
55%
557/s
55%
7%
*121
123
X123
123
9%
33
:.;m-
23
14%
14%
14%
14%
*119%
14%
80%
81%
82
82%
83%
85%
93%
103 Va
93%
c.
115
94
95%
21%
31
55%
14%
83
,
95
87/a
9%
*30
9%
31
.-55%
*119%
330
Xl4%
15
84%
82%
95%
94%'
10,600
8,900
15,700
1,200
104%
100 %
105
105%
105%
30
.
12,200
1,630
1,030
v
v
106
116
116%
117
118;%
115%
116
120
*117
31%
31%
791.
I
120
31%
*117
x31
17
13% Jan
Feb
1%
15% Feb
2
Jan
44
Jan
15
Aug
10
11
May
Feb
3
104
May
26
109
17% Feb
18% Jan
Feb
26
3
Feb
25
36% Feb
18%
12
51
1% Feb
26
28% Jan
120;
31;%
*117
31%
—
—
108% Feb
25% Nov
Jan
16% July.
23%
36
47%
Apr.
% Jan,
;
15% Mar
6
7% Feb
25
4
Jun
44% Jan
18
36
Apr
51%
Feb
24% Feb
26
18
May
29%
Jan
—No par
23
Feb
20
25
Jan
4
8% Feb
26
19%
;
Jun
,
TX4
Apr
;
5
7%
Mar
27% Jan
420
,
440
120
31%
■
22,900
6%. Jan
4
5% Jan
12
6% Feb
17
8
26% Feb
23
22,r Dec
32% Jan
4
43%Feb
11
28%
40 V2
Jan
76%
Jan
Xl4%
Dec
37
Jan
"68% Jan
2
80% Feb
16
13% Jan
14
xl8% Feb
25
71
Feb
,109% Jan
.•
;
% Feb 20
Jan
.3% Jan
;
16
70
Jan
Jun
•
3% Feb
;
8
8
-
-
4
Jan
/
175
4
;
80
46
Jan
16
Jan
Feb
J
23
64% Feb
1Q
25
"4%
Sep
V
May
26 % Apr
4% July
7%
170
Jan
9
165
175
Jan
21
26
Feb
May
3% Dec
66% Feb
24
47% Apr
62-
Feb
24
20
Jun
33% .Jan
1
58
Jun
70
5
•
•
32
72% Feb
•
2
13% Feb
4
150% Jan
4
8
2% Jan
4-
May
-
O'/a
29
Jan
30 v
34
20
Jan
28
30
26
153
-
Jun
July
11%
11
15% Jun
7
26
preferred—No par
17% Jan
5
3% May
9% Jan
1
6% Jan
6
of Feb 1 *29)
100
—No par
•t.«!5
preferred;_No vnr
t6ft preferred—;
100
t7ft preferred—
100
8ft preferred—-—
—100
Pub Ser El to Gas pfd $5
No par
No par
Oct
Feb
18
4
18
22
24% Jan
4
48% Jan
4
119
Jan
12
6
75% Jan 20
11% Jan
85% Jan
2
-
Feb
Fftb
23
9% Feb
.
24
9
6% Jan 14
Feb
24
30% Feb
24
55% Feb. 24
Fab
13
15% Feb
25
123
85% Feb, 24
55% Feb- 24
106
Feb
26
96% Jan
4
109% Jan
18
118% Feb- 25
116% Feb
-
4
116% Feb;
5
31% Feb 23
26% Jan
2
10% Jan
153
July
Jan; 5
Jan
Pub Serv Corp of N J
6% Jan
Jan.11
25
—No par
;;
5
•
7% Feb
Procter to Gamble
Feb
26
19% Feb
5ft conv 1st preferred————5
5ft conv 2d preferred——
50
Feb
5% Jan
7% Feb
2
Pressed Steel Car Co Inc-——
165'
175
13
18
^No par
Jan
10% Nov
,4% Jan
Jan
Poor & Co class B
6% Jan
68
Apr
165
5% Feb
1% Jan
.
38% Oct
;
56% Dec
14% Jan
Pocahontas——No par
Nov
4
7% Jan
preferred.
—100Class-B preferred——^———100
Plymouth Oil Co5
Oct
"3
9
150% Jan
A
19%
Jan
4
—_1
pec
65
Jan 21
Jan
Oct
Dec
May
15% Jan
25
Jan
3%
Jan
,
8
5
5
43
29
•
102
Nov
9"
:
65
30
11% Feb
4
•170
110
17
6% Feb 24
14
9% Feb
6% May
May
Apr
1% Feb
107% Mar
26
41%
34% Jan
6
5
Jan 25
59
6
Dec
79
Feb
80
Jan
Jan
Jan
24
Jan
-
21% Jan
18
18
Jan
-
103
4% Jan 30
102
66
Pullman Inc
17
55% Apr
48 % Feb
20
13
1 ser
Feb
9
Jan
pfd
May
85
24
5%
98
5
597/8 Jan
Postal Teleg Inc
16
17
5ft
Creek
Feb
7% Feb
——No par
——
108
79% Jan
44
,
Jun
4
1 % Feb
7
6
Apr
7%
Jan
113
/
16
108
49
6% Dec
Apr
82
Feb 20
7ft
:•
y
Jan
23% Jan
;
—No par
3
Pittsburgh Coal of Pa—
100
6ft preferred---——100
Pitts Coke to Iron Corp——No par
Pond
Dec
16
Pillsbury Flour Mills—*—-25
Pitts C C & St Louis Ry Co7—100
Class
Dec
30
27
—-——.100
Rts
(expire Mar 5, 1943)———
Phillips Jones Corp—
No par
7ft preferred^—--——,100
Phillips Petroleum
No par
Pnoenix Hosiery————5
Preferred —100.
(The)
Jan
2% Oct
Jan
;5% Jan
series—
Pittston Co.
Sep
Jan
Jun
28% Feb
Feb
4
32
15
46% Jan
Philip Morris & Co Ltd
-—10
Preferred 4%ft series———100
400
5,500
95%
IO40/4
31%
page
.
-
.
84%
115%
*117
see
r
300
12J
15%
123
115%
31%
>
55j%
..
10 i%
120
footnotes
93%
21
7%,
*8%
1
14%
7%
21
9
30 %
123
9
3% Feb
41
23% Jan
preferred class B———100
preferred class A-———100
5%ft 1st ser conv pr pfd—10O
Pittsburgh to West Va—±—100
Pitts Young & Ash Ry 7ft pfd—100
2,500
17%
8%
Dec
:
Feb
Pittsburgh Steel Co—par
i.
*154%
•
2%
t
32%
7%
Dec
82
19
130
-
:
32%
7%
21%
60
34
4,800
V
66
30
21
.
Apr
56% May
1% Apr
109
•;
Pitts Screw to Bolt——.-No par
19%
17%
19
44
15
100
13,400
31%
22
17
15
4% Jan
11
1% Jan
Pittsburgh Forglngs Co——.—
Pitts Ft Way & Chic Ry Co——100
7ft preferred^
—100
'
17
19%
59% Feb
84% Feb
Jan
33% Jan
3,200
:
■
66
11%
*
$6 preferred
Corp-
Philco
$5 conv preferred
68
10%
6,500
•
31%
♦154%
2%
31%
;; 500
57/8
"lt'.'v 5%
7%
67%;; 67%
i
\
;
*175
7
28%
64
29%
'
*150
,
5%
:
64
11%
:
5%
5%
6%
6% ■1. 6%
6Va
,
11
■
.
<
^
40%%
5%
*150
11
7,900
v;
109
*62
:■
*175
*150
.
5%
64
21
,
100
4% >.■■■ 5
6%
*62
I
88 &
*79
;i
•:
4
♦98%
40
6%
6%
64
10%
166
*171
177
5%
6%
♦62
10%.
*150
166
A
6%
.
234,700
s
1
.
48%
; 21
4%.. \i,-. 5 ;t;
39
;
:
>
1%
8%
*3%
109.
■■■■;
1% Nov
29% Oct
3% Jan
Petroleum Corp of America
—5
Pfeiffer Brewing Co
No par
Phelphs-Dodge Corp————25
tPhiladelphia Co 6ft preferred—50
4%ft
.
90
47%
■
21
*98%
21%
.
8%
*85%
:
,
*62
10,200
21,900
110
ift
*98% 109
/-:-V .4%,
4%
4%
39%
*5%
4
*79
21%
109
4%
4%
73%
*108;
90
47%
.
'
9%
*85%
.
.48
*3%
86
1A
*8-/8
9%
90
47%
■V-"; -4 ;;;
21
V
21
*8
*82
47%
*79%
86
1%
1A
8%
90
46%
■
18%
72%
113%
*83
Pet Milk- Co—^—
10
18%
.
*
111
y
79
*77%
*108
90
;
17% Mar
A Mar
13% Jan
par
preferred—
5ft
I, 4,400
61/4
26%
26%
"
78%
.
3,760
24%
,
!;
% Aug
10
21
'
43
43
-
►
26
v
300
600
13
2% Feb
26% Jan
.
No par
No par
100
Cement—--——No
5ft preferredPennsylvania RR
-50
Peoples Drug Stores Inc—
—5
Peoples G L & C C (Chic)——100
tPeoria & Eastern Ry Co
100
Pepsi-Cola Co_^-i-——1——-1
Pere Marquette Ry Co.
-100
5ft prior preferred--——-.
100
I 1,600
-
36%
34%
.V,:.,
6%
6%
25%
43
18
26
5
80
:
10
$7 conv pref ser A
Penn G1 Sand: Corp
50,400
51
50%
::'"'-rkr.3'
■:::,3w^J-
22%
23%
Penn-Dixie
par
17% Feb
29% Dec
23
Jan 12
57% Jan 12
,
No par.
:
Corp
1,600
28%
18
Co_
Penn Coal St Coke
5,700
:
No par
10
& Ford————No
Penney (J C)
17%
.
.
37%
;
25%
6
18
3
6%'
25%
For
3% Feb
Oct
Jan
148% Nov
2
109
No par
Parker Rust Proof Co——.—2.50.
Penick
;
400
40
*15
28
50%
50%
23
*22%
'
; 18
;;
34%
21%
31%
Apr
112% Jan 25
Parke Davis & Co—
Parmelee Transportation
Enterprises
*108%
28%
2%
36%
4
17% :■
27%
18%
49
2%
5%
•117
121
Jan
2
100
.100
Patino Mines &
100
1,600
'
3%
2%
40
*108%
49
2%
3%
40
X40
17
*18
.
A *2%
3
1
27%
26%
18
49
18%
3
40%
*.•
*108%
26%
26 y4
40
OIK
;
16,000
*3%
*59
59%
21
93%
26
152
Nov
19
101
4
2
.—1
1st preferred
Park Utah Consol Mines^
>
'
V^'i^>2%'
*2%
25%
83%
115
/Apr
35% Jan
preferred called———
Park & Tilford Inc
*
3%
-
6ft
900
C
84%
102%
74
'
7
1%
*3%
49
123
2
Nov
24% Nov
34
Jan
105% Jan
1
Paramount Pictures Inc
34,600
19%
1%
84%
40
•
21
Apr
Apr
13%. Jan
26
Oct
9
7% Jan
u
134%
19%
1%
:
25%
2%
26
*59
17
8%
Jan
Oct
Oct
16:
;
2% Jan
Paraffine Cos Inc——„ No por
.100
4ft conv preferred—
135
134%
3%
59%
8%
7
Jan
6%
3% Jan
23% Jan
800
135
I7
Panhandle Prod & Ref
-
84%
21
8%
9% Apr
15%
22%
Dec
Mar
•
25%
.
Apr
98% Feb
5
48
57% Dec
Apr
23% Feb
25
Jan
-No par
1,000
•
r
19%
*97%
136%
*16
1%
35%
•
148
-10
Corp
2,900
2%
39%
136
132%
"
6%
19 'Jan
.—5
Airways Corp
.1-5
Transp-.
Panhandle East'n Pipe Line Co. 100
100
111
2%
39%
19%
19
*134%
19%
1%
17%
*2%
V 24%
17
Jan
!
'
;v^i6"v;-
28%
17
17
24%
*19
4%
16
Jun
'
*2% ••'■'. 2%
9%
xl0 % Feb
Pan-Amer Petrol &
'
1%
1%
>2
2
Pan American
23,100
'
*109%
39%
*97% 104 ;;
19
:
"
19%
*16
19 Vs
•
Pacific Western Oil
Packard Motor Car
8%
2%
131%
68
17% Feb
100
Pacific Tin Consol'd Corp
1,300
51,800
27%
*7%
31%
104
5,200
fe'/i
4
26%
*109%
2%
18%'
3%
12%
3%
8%
111
39%
*97%
3%
12%
4
27
26
111
102
■'
*7%
8%
2%
39%
3%
3%
132
29
——
Pacific Telep & Teleg—
6ft preferred—
■
10
,
12%
3%
12%
3%
.
110
109%
2%
3%
12%
12%
130%
64
14% Jan
91% Jan
131%
6
17
par
100
129%
5%
24
par
—10
27%
Apr
6% Mar
24
8% Feb
27% Feb
No
18%
129%
*170
9% Feb
6% Jan
23% Jan
Mills—
128%
*150
Apr
Pacific
98
'97
.
129%
10%
43 %
140
98
Jan
4%
17% Dec
143% Sep
:
Jun
27
98%
22%
*97
127%
*62
7% Jan
42
58% Jan
54% Jan 12
29
17
xl6%
Feb
22%
1%
.
50
par
& Electric-—.
Dec
6% Jan
79
132": Mar
30% Jan
x22 %
96
39%
109
148% Feb
15
22
Jan
23
22%
I
128%
*20 %
Jan
28 % Jan
22%
v
•
30%
Jan
2% Apr
11% Mar
15
128%
*79 Va
5% Feb
26
.26%
"12% Deo
Jan
59 *
30
;
Oct
Apr
6%
18 % Feb
:
Dec
10% Jan
'
3% Jan
;v
34
Sep
17 ;
89 v Feb
Jan
'
Feb
Dec
Mar
3%
2% Jan
Feb
127%
>98%
26
38-
Apr
Jan
7%
7% Feb
17y«
-
'
*97% 102
18%
18%
*3%
31%
26
37% Feb
16% Jan
109%
46%
15% Feb
6
27
2%
%
13
39% Feb
39
*8VB
20
23% Jan
109%
*82
4
25
•
33
*7%
78%
Feb
11% Feb
39
6*
8%. Nov
110% Sep
*
AprAprv
1
-25
25%
6
15
17
•
par
8%
•7%
Feb
4% Feb
14
No
26%
23
8
Ltg Corp;.————
C-.: 25%
hi *7%
23
-
100
Pacific
8%
33%
Apr
4%-Jan-
2
Pacific Gas
26%
;
40
85%
15
■
1,600
3,300
*7%
*2%
6
;
Feb
17% Feb
4,400
25%
;
10% Feb. 25
113
27
3%
49
2
o
Jan
11% Nov
.
9% Dfec
,
26
39%
3%
*17%
Jan
6% Mar
3
' Feb
39 '
3%
*15
Jan
97
11
12%
*107%
■; ,25%
Jan
14.
96
12% Feb
6
39
3%
■
53'
26%
3%
3
Apt
10%
*12%
r '2%
39%
52% Jan
39
46
;
"
52% Feb; 15
15% Jan
-10
—
%. Sep
Apr -'
*
142
Dec
Jan
116
Apr
39
3% Jan
r
23l/a
192
Mar
20
Jan
29% Jan
V
i"
Mar
"
13% Feb; 25
Jan 15
69'1
Sep
Oct
54
11% Jan
'
15%
143
%
30% Jan
Jun
108 '
;r
2%
7
8%..Jan
*
-v
\l Oct
■
5
x3 % Jan
31
11.
19
24
Feb
2
Jan
13
Feb
-
26%
3%
:
36
26
39
12%
*3%
176
•
'
5
7% Jan
;
-
% Jan
11%
3%
*59
8*a Jan
% Jan
39%
."V
39
,
12%
*83%
26
115
Jan
107 ;
—5
Co
preferred
2d preferred——,
—
Pacific Finance Corp (Cal).
300
26
Feb 26
/ 15% Jan 19
preferred—————100
Coast
1% Feb
3% Feb
29% Feb
2
No par
1st
23%
26%
*151
24%
6ft
15
5
:
Jan
Feb
24% Feb
T13 V.Jan
91
•54
45
26%
151% 151%
3%
3%
.
Jan
.
Dec
80
39.
22%
22%
.
23
Feb
Feb
27
v..•
Dec
109
Jan
1
Dec
May
105
14
162 % Jan
,»
•
6%
110
60%'Dec!-"
•
Oct
Feb
16%
Apr
25
A JuU,' 2• 'j'
1% Jan; 4
A Jan
4
Feb
15% Jan
May
Feb
6
20% Jan
4
12%
83
*10%
96
♦16
790
11%
.
>,
—100
i.—No par,
Pacific
;
'
*10
; -
w50
Paclfio Amer Fisheries Inc..
;
920
340
16%
16%
17 :
'.'tf' '
■v1
Outboard Marine & Mfg
5—-—No par 4
Owens-Illinois Glass Co_i——12.50
1,400
8%
26
23
11%
21%
39
16%
:
26
19% Feb
12%
10% Jan
15
2
•
16
7% Feb
28J/s Jan
Outlet Co—4.:
2,100
9%-
■
*8%
8%
27
Telegraph—
Oppenheim Collins
r
,
19% Feb
4
39 ; i":
93%
2%
9%
9%
8%
58
51
9% Jan
Otis Elevator—
10
",
Dec
26%
39
*109
9%
*26>/4
50
57%
57%.
800
i; 5,600
30%
.
35
26%
21%
93%
'
; v
27
*30
*48
16
*io%
26%
39%
;;
9%
8%
27
17
26%
;
./"¥ 8%.
,
57%
57
C 9%
8V4
r<'.
i6
:
11%
*11
9%
8
8:
n
•
,
^a—lOO'
8ft preferred A—
^hl
*'148%'
30%
*48
*30
50
120
•'
5%
17%
50
*30
50
31
*48
56%
56%
.
30%
*29%
50
:*48
;>•
.
*148%
;'
:
30%
*29%
5%
18
17%
;
*148%
*148%
.•■;
18 ^
•
Ohio Oil. Co—No par
Oliver Farm Equip-;
No par
Omnibus Corp (The)—-—6
3,600
88%
16%
5%
:5%
5%
17%
Northwestern
30,700
4,100
6%
''
Norwalk Tire As Rubber—No par
i
Preferred
——50t
Norwich Pharmacal Co.——2.50
.",1,500
-
37%
•
88
88%
*86%
87
5%
..:
17%
17%
17%
17%
5%
*5
5%
*147%
■
240
-
87
:
2,200
15%
15
15
■
V *4%
11%
36%
6%
"i
.
40% Jail
■a 63 % Jan
7
:
101
Jan 22
Ry Co——_50
Northern Pacific Ry
—100
tNor States Pow $5 pfdi.-—-No par:
Northwest Air Lines
—-No par.
240
39
II
■
:
17% Feb
32% Feb. 25
16% Jan
Northern Central
■; 1,300
,
Jun
North American Aviation
»■
81,400
L
4% V
*36
11%
■
C
-
39
.
39
*36
-
10%
*37%;
r
36
!
6%
6%
39
38
10%
11%
5%ft
15,800.
v
■
26
—10' i'c4 9%. Jan
preferred series—-^——50 f«:-..49%'Jan.'
preferred series—,
—58
487/r Jan
6 ft
;
800
10
17
4%
4
,
,
Feb
North American 'Co,'
-
23,900
:
111%
v
16%
14%
36
6%
37%
4%
-•
97
,
111
,
16%
-v
13
10%
,-10%
10%.
111-111-
-
38%
10%
97
100
16%
*36
14%
35%
io%
4 "•
39
14%
*95%
iii%
37
-
10%
35
IW; 12%
100
io%
-
4%
10%
51
51%
12%
*16% : 16%
38%
•
14%
*85
52% V.
51%
in
-
16%
35
6%
52%
51%
12%
111%
*36
39
10%
*36
<10%
'12%
*95%
;
*16
16%
*3%
13%
52%
51%
50%
10%
9%
9%
112
rl1"230
12%
v
•
12%
490
*
25
23% May
6% Jun
32%
14% Feb
14
6% Jan
Shipbldg Corp part stk—■„1
*: Noblitt-Sparks Indus Inc_—:
—5
y fNorfolk & Western Ry
—100
j,
Adjust 4ft preferred-——*
100
200
v
114%
52%
13
100
■>■ W
28%;:
176
*114%
52%
V
28%
175%
176
w50
100
Highest
f per thare
31% Jan 27
14% Jan • 5
N Y
■
5,500
114%
preferred^-.:
vWest Ry Co—ial
1943
I per thare
11\ Jan 27
Conv preferred-—
.100
tN Y Ontario & Western——100
t
2
Previous
Lowest
I per thare
2
10% Jan
50
m Y N H & Hartford
J
26,100
7,300
1 >;■'
24%
27% Jan
par
JVo par
non-pum
N Y Lack &
<
44,500
:
:
/
'114%
12%
51%
"-I:
X175
52
50%
J
m
,
1
.
,.-3%
,
23%
29
1%
.
3%
.
10 ft
Year
•
_No
N Y & Harlem RR Co—
r
-
I per thare
par
——No par
Central—
5ft preferred—
.
450
176
12% "
11%
*38%
*28%
' ■
1%
3%.;
v %
^
•'
Per
New York Dock__„
-
,
:
114% '
172
*114%
52
*95%
9%
16%
29
14
23%"
:
23%
12%
12
112
n
52
100
11% :
•
^
800
'
•
-
St. Louis Co——100
t
6ft preferred series A--~-~-—10Q
•NYC Omnibus Corp„^___No par
500
43
42
1%
;
2%
v
New York
Range Sipce Januaryl
Lowest
*
Highest
■
N Y Chic &
5,600
10,000
102
*95
,
43
1
1
2%
*28%
'
172
52
*95%
%
2%
%
■
114%
12%
52%
12%
29%
170%
.
,
102
43 -
"
82%
83
•
*95
44"
23%
114%
170%
11-4%
•
:
23%
*28%
28
28
170
2%
A
■
80
•
102
.42%
iil •'
,
2%.
.
80
*95
41%
%
2%— 2%
A
79%
.
102
40%
41%
%
".
78
.
-
v..
'
19%
*18%
19%
19%
:
19%
19%
19
18%
7%
-
"
York Air Brake_.„«.»_No
New
100,000
-
-
''
.
900
31%
EXCHANGE'
,
2,500
•'
31%
12%
':
it
Sheret
31V2
,
Range for
/ NEW YORK STOCK,.
the Week
I per there
I per there
there
9 per
I per there
Friday
»
Feb.25
Feb. 24
Feb. 23
Feb, 26
Thursday
Wednesday
Tuesday
Feb.22
Feb. 20
STOCKS
PRICES
tow AND HIGH SALE
Monday
latartiy"
Monday,'March 1, 1943
5%
Jun
Jun
14%
Jan
18% Oct
5%
Jan
21
Sep
8% Jan
6% July
22%- Jun
8%
Jan
29 y4
Jan
42
Feb
52%
Oct
115
Feb
9% Jun
62
122
Oct
14% Jan
Jan
Mar
86%
73% Mar
X99 %
79% Mar
111
Jan
99
Mar
123
Jan
111% Mar
116
20% July
Jan
Oct
28% Nov
•
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4155
157
RECORD
NEW YORK STOCK
STOCKS
LOW AND HIGH SALE PRICES
I per
share
$ per
share
14%
106%
106 %
106 %
'106
106%
97%
97%
97%
97
97%
16%
16
16%
16%
16%
; *12%
12%
12%
12%
300
7%
7%
7%
16%
12%
12%
7%
7%
preferred
preferred
Purity Bakeries
5%
conv
-
i
'•/.
"4
■.
—
,
<
*12%
12%
7%
7%
<
—
■
5
70
«<
'
—
24%
25%
13%
13 V*
—
—
7
*6%
/
29%
29%
25%
25%
25%
26%
*3%
3%
75
23
23
<
* •
.
13%
—
*99
7
7
<76
•
99%
13%
76%
52
.50%
9
8%
16%
16%
....
8
16%
16%
-
.<
.
97
'94
'68
9%
78%
*77 V*
7%
7%
70%:
*69
♦22%
:■/
32%
<
8%
<
500
; ' V;.
9,000
30
9%
9%
:
.
*33:
11%
22%
13%
23
22%
32%
32%
32%
%
1% < 2
1% <
1%
6
6
*5%
*7%
9%
36%
35%
35%
108
108
108
</
10%
10%
10%
24%
23%
24
99
99%
*99'A
114%
35%
36
35%
107%
108 %
108
;<i
21,900
2Vs
21/4
17,000
6
9%
V
36%
36%
108 Ve
107 V2
6
<
25
42%
114
♦111
*113
♦111
114
%
u
19%
2%
*2%
64%
64 %
64%
64%
12%
12
12%
12%
3
65%
11%
12%
3
19%
20
,..
2%
2%
200
65
65%
64%
65'/a
7,200
Sears
12%
12%
12 V.
12%
8,300
Servel
3,300
Sharon Steel
11'A
11%
12
12%
12
62%
62%
63%
63%
63%
10%
70
12%
<
><:•
7%
¥'■
10%
10% <10%
7%
,
■
34%
*34'A
19%
I
4
35%
20%
20 %
3%
20%
3%
•
7%
7%
*34%
35%
19% >19%
<
7%
7%
« 3% /■• 3%
69
69
70
•4
3%
19%
19%
20%
20%
1%
*1%
1%
;<*1%
24%
24%
24%
25
25
<
35
34%
35
35%
35%
<V 35%
88%
89%
90
*89
90
*85
;
*25
89
*113
*113
21
28
*24%
<
35%
21
~2114 i'
20%
21%
16%
*15%
16%
16%
16%
16%
17%
18
17%
18%
18%
19%
11%
11%
11%
12
12
11%
12
21
16%.:
17%
20%
2%
2%
2%
*17
17%
*17
•
11%
<< 2%
<■
3
17
17%
;<
2%
3
17
•
<■;,
*16%
12
3%
21,200
23
23%
23%
23%
23%
23%
23%
142
*140%
141%
*140%
141%
<; 141%
24
23%
24
23%
23%
1411/4
23%
23%
23%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
17%'
17%
18%
18%
18%
18%
19%
18%
19%
8%
17%
-
3%
.
■
3%
21%
21%
40%
40
48%
v>>*3:-
3%
39%
*37%
•47%
3%
3%
3%
3%
40%
*37%
24%
24%
31%
31%
34 V*
58 Ye
3%
3%
3%
50
*47%
.
3% < 3%
3%
3%
3%
40
*37%
40
*37%
25
*24%
25
24%
32%
31%
32%
31%
34%
34%
34%
*34%
'
*58
*47 y2
*58%
58%.
4%
4%
59
4%
bb°/8
4%
41%
41%
41%
41%
41
41%
41V*
43
34
34
33%
34%
34%
34%
34%
34%
*109%
*109%
110
5%
5%
5%
1%'
1%
1%
;.v 3%
3%
*12%
3%
13%
5%
108
1%
1%
3%
3%
13%
13
13
110
50
*109'A
*49
~5%
108
1%
4
13%
7,900
7,900
32%
\
700
58%
50
4%
6,900
41%
480
34%
34%
3,500
110
<
110
10
*49
110
50
1,400
3%
40
X41%
50
100
*1131/4
*113%
*113'A
~5%
109%
*107
109
109 %
*49
*113%
*113%
*106%
110
50
50
50
*49
*
4,300
4%
4% «
4%
,
58%
58%
4%
4%
Ry
,
Sperry Corp
Conv $4.50
conv
4
9,200
$6 cum prior
preferred
14%
15
15%
15%
15%
15%
33%
34%
34%
35
34%
35%
30%
31
30%
31
31%
31%
31%
31%
41%
31%
12,200
50%
51
50
51
50%
51%
50%
51
21,400
39
39
39%
39%
39%
39%
28
27
27
39
28
i
*27
-
x39
27%
63
39%
27%
63%
63%
63%
63%
8%
8%
9%
9%
9%
9%
5%
6%
6
< 6y8
7%
8
8
8%
8%
8%
9
6
5%
6
7%
7%
7%
7%
8
7%
8>/4
*52%
53
53
*125
126%
*124
4%
5
5
15%
',/■< 2%
2%
15%
15%
8%
53
126%
;
8%
x53
*125
53
126%
53
53%
126 y2
5%
5%
5%
5%
15%
15%
15%
2%
2%
2%
2%
2%
58%
:
59%
59%
59%
59%
For
7%
*5%
7%
24%
23%
24%
791.
1,400
x5%
15%
2%.
60
2%
60
19%
23%
page
37,000
53%
53%
*125
*26%
*5ya
see
11,900
8%
19%
24%
footnotes
6,700
8%
26%
7%
*5
24%
19%
6
6 i/a
19%
26%
*27
5%
16
Stewart-Warner
*5%
24
7%
24
ft
L S
Sterling Drug Inc
5,500
X26%
21%
25%
(The)
1,500
19%
19%
27%
Starrett Co
8
"..
126y2
5%
16
2%
60
13,000
2,600
Studebaker Corp
15
Feb
18
64% Jan
7
70
Feb
20
54
2
9% Feb
15
Jan
7
91% Feb
26
5% Jan
4
8% Feb
17
2
28% Feb
15
4
37
Jan
18
7% Jan
25% Jan
i
Jan
8%
Jan
85%
Jan
5%
Jan
54
,31% Nov
Oct
27%
Apr
Jan
9% Feb
15
6%
Apr
9
11% Feb
16
6%
Apr
9%
Nov
6% Feb
16
3%
Jan
6%
Nov
9
7
23% Feb
15
16
Feb
21%
Dec
11% Jan
6
7
May
34% May
13%
Nov
4
13% Feb
46% Feb
25
43
47%
Nov
Feb
1% Feb
2'A Feb
6
Feb
9% Feb
24
26
25
20
23
34%
Jan
28'A
3na
%
>
4
7'%
35
105 Va
10 Va
33
Jan
2
Jan
6
Jan
2
Jan 16
Jan
9
Jan
7
Jan
7
Jan
2
19% Jan 12 '
96
Jan 15
38
Jan
9
37
Feb
108'% Jan
11% Feb
25'A Feb
99% Feb
,
par
par
16V* Jan
!<
■"
2%
<
Co
16'%
1%
21
Jan
6'
Jan
5
Jan
10
Sep
Apr
44
Jan
Jun
110
Jan
29%
104
x9%
12%
78
Dec
19 Va
Jan
Apr
21%
Dec
May
98
Oct
Dec
Feb
16
109 y2
Aug
116
13
106 y2
Jan
1>A Feb
26
Va
Jun
3% Feb
26
3/b
Dec
lVa
Sep
Feb
24
10Va
Apr
17Va
Dec
2% Feb
10
1%
Dec
20
65% Feb
Jan
11V*
Dec
Apr
10%
Nov
24
52
Dec
60
Jan
25
4%
Feb
16
54%
7% Feb
26
10% Feb
70
•
35 % Feb
21
30 Va May
10 Va Apr
26
Feb
23
21% Feb
26
1% Feb
18
Feb
4
36% Feb
26
99
Jan
113
.
26
Apr
Apr
4Vt Mar
25
.Feb
4..
3»/8 Feb
2 Va
27
Nov
30%
Oct
No par
10
5
-
1
100
100
No par
———1
(The)——12%
25
—
26 V*
144%
Jan
2l'/a
Nov
9V4
Apr
12% Feb
25
12 Va
Jan
25
10
Jun
18 Va
Nov
26
12 % May
18%
Feb
40% Feb
24
23%
Jun
39
48% Feb
23
34%
Jan
50% Mar
3% Feb
15
IV*
Apr
3'/2 Feb
28
25 Ve Feb
5
July
24
Nov
15
21%
30
Sep
,37
Mar
26
49
Mar
60
Jan
Dec
31%
Jan
4% Feb
16
2%
Sep
4%
Jan
Feb
25
29%
Sep
45%
Jan
36% Feb
15
27%
Jun
38%
110y4Jan
26
50
Feb
3
113
Feb
17
43
108
Apr
109 y2 Aug
6
9
Feb 25
54
Jan 26
127 Jan 4
5% Feb 25
2
2
58% Feb 23
14% Jan 20
26'A Jan 4
16% Feb 5
2/2 Feb 16
60
Feb 25
21 A Feb 23
27% Jan 21
6
25
Feb 18
Feb 10
Jan
Feb
49%
Jan
113
Jan
Apr
5
Jan
110
2%
a*a
Jan
Sep
%
% Apr
5ya May
2%
Oct
11%
Jan
13%
Jan
0*t
6
Apr
18
Mar
29%
Dec
20
Apr
29
Dec
30 Va
25
25
25
13
9
2
114
89 V* May
4 ^ Feb 15
13% Feb 25
15% Feb 15
8% Feb 10
Dec
40 Va
Feb 17
Jan
2
59
Apr
25
Feb 25
Jan 4
Feb 25
Feb 24
1
Feb
Dec
17%
32 % Feb
27%
63 A
9%
6/a
4% Feb
3%
31
59% Jan
Jan 2
Jan 26
Jan 12
Jan 2
22 % Jan
Aug
35 y2 Jan
Feb
Feb
Feb
Feb
6
3
1% Nov
26
37% Jan
35%
31/4
51 A
39%
Jan
Oct
'
Jan
Jan
12% Jan
l'/a Jan
5%
48 Va
124
3%
Jan
19 % Feb
Jan
8
Jan 12
Jan
2
Jan
4
2
Jan
Apr
2
5% Jan
Jun
Apr
'Feb
Jun
2
—1
Dec
2%
15%
17
1% Mar
14
11
28%
28'%
46%
37%
25
60 Va
7%
Nov
10%
22% Feb
2
9
4.
5
5
15 y2
9
24
ll/2 Jan
9
Jan
10% Jan
Apr
13 % May
6 Va Mar
Nov
Feb
No par
No par
No par
Jan
17%
Feb
-ft Jan
Jan
Dec
20%
14%
6
Feb
100
113 V*
Apr
July
15% July
122 %
108
Jan
Dec
17
7
Jan
Jan
Dec
23
2
Jan
Jan
1%
26
Jan
Jan
57
3
35 y2
33
109
49
113
4'%
j
Dec
<17
Feb
Feb
32'A Jan
Aug
4%
Feb
100% Jan
Jan
21% Ja,n
24'A Jan
35
18%
'
Jun
24
6
6
4
26
2
18
9
2
7
6
28
10
17
33
Nov
142
Jan 15
2% Jan
2% Jan
Dec
Nov
7%
20% Aug
19% Apr
26
23% Feb
9%
66
<
11% May
% Apr
26
17 V* Jan
42'% Jan 12
Nov
4%
8
2
15% Jan
35'A Jan
62%
6
25
63 % Feb
21% Jan
2
10% Jan 13
15% Jan
7
.100
3% Mar
12% Feb
2
132
Dec
fir Feb
43 % May
15
Jan
113V4
12% Feb
2'A Jan
25
7.50
Sep
39
16% Jan 11
20'% Jan
2
100
7%
Apr
101% Jan
1
Sep
2
26'
1
18
2
26
25
111% Feb
2
Jan
iya
115
28% Jan 11
77
Nov
Jan
25 Va
4
111
Jan
Jan
1
8
17%
May
%
Feb
4
Jan
2
25
43
113'% Jan 26
107% Jan 23
ai Jan
2
% Jan 2
par
25
25
25
Jan
20% Jan
,
par
Oil of Calif———--—25
Superior Steel Corp
100
Sutherland Paper Co
10
&
6% May
Apr
3% Mar
17
Sunshine Mining Co
Swift
Oct
74
May
2
No par
Sweets Co of Amer
6,900
Jan
7%
129% Mar
7
Superior
71/4
86%
Jun
X20.
Jan
100% Mar
75J/a
25
(4%% cum)
1,900
1,100
4%
Dec
19
78% July
26
(The)—
Sun Oil Co
7,500
5,000
23%
7% Feb
98
80
Nov
5%
Dec
6
.
Dec
49
8
No par
Superheater Co (The)—
Superior Oil Corp.
28%
*5%
-
Corp
Webster
Class A pfd
20
X231/2
&
71%
Jun
70
16 % Feb
Stokely Bros & Co Inc
Stone
24
19% Feb
Standard Oil of Ohio
91/4
27%
20%
20
*26%
200
63%
63%
9%
*125
15%
2,900
8%
63%
8%
5%
29
$7 cum prior preferred
Standard Oil of Calif
9
63%
62%
.V,.
*28
26
12% Feb
Standard Oil of New Jersey
*26%
Feb
78% Feb
100
Mar
65
Standard Oil of Indiana
50%
7,600
30,200
x55
13
No par
Standard Gas & El Co
14%
*38%
6
No par
—
34
':
2
No par
Brands
$4.50 preferred
14%
50
Dec
Jan
No par
$4 preferred
2,800
15%
Dec
13
Jan
100
No par
No par
preferred
6,200
35
16
7% May
<•<7% Jan
No par
Squibb (E R) & Sons
$5 pref series A
1%
15%
10% Mar
34% Feb
1
1%
34%
26
24
5% Jan
.
Feb
16% Feb
13% Feb
85 % Jan
1
preferred
100
1
Dec
7%
4
73% Jan <4
No par
No par
1
No par
No par
33%
<
22
Dec
X94%
2
20,200
13%
Apr
6
20
Jan
95% Jan
.
No par
preferred A
"5%
3%
11
Sep
100
(The)
109%
13%
1
16
108
Square D Co
Standard
Dec
Feb
7% Feb
2
Spiegel Inc
5%
Nov
70
13%
No par
Spencer Keilogg & Sons
$3 conv
Sep
3%
Jan
24
5
ctfs
Spicer Mfg Co
5%
4%
24
5
23%
Jan
39
16% Feb
No par
Spear & Co
$5.50 preferred
*107%
13%
8
Jan
1%
Dec
25
11
-
Sparks Withington
"5%
4
Jan
c
14
No par
-
109%
13%
Jan
15
preferred
5%
1% <
20.. May
24
75
15
;
Mobile & Ohio stk tr
*108'A
1%
26
3% Feb
8
Jan
Natural Gas Co
5%
200
24%
35
27% Feb
14
21% Feb
California Edison
Southern
16,400
50
preferred
Southern Pacific Co
96,700
401/8
31%
34%
59
3%:
22%
34%
32
34 %
50
.
25
24%
24%
31%
*34
22'/8
40%
39%
22%
39%
3%
3%
*37%
20%
39%
48
48
*46
20%
37%
18
22
Jun
par
Greyhound Lines
Southern
99,500
38
t c
Southern
2,300
17%
17%
Nov
< 19
Jan 19 j
No par* '
15 V* Jan
2
No par
16 Va Jan
4
60 Porto Rico Sugar
2,100
23%
3714
28%
—10
No
preferred
S'eastern
50
23%
<
23% May
Jan
No par
—15
Pen Co
(W A)
Union Oil
Socony Vacuum Oil Co Inc
South Am Gold & Platinum
•<•• 300
3,000
22%
141
26
2%
No par
(Frank G)
Snider Packing Corp..
36,200
17%
Corp
Smith & Cor Type v
5,000
3
17
30% Feb
38%
1
Smith (A O) Corp.
800
19%
3
<<16%
16%
19%
11%
20
69% Jan
Skelly Oil Co—
—-15
Sloss Sheffield Steel & Iron.—100
1,700
*16%
«<
Nov
15
Mines
—5
Simmons Co
—No par
Simms Petroleum
—10
Simonds Saw & Steel—— -No par
$6
,
Feb
15%
12
Silver King Coalition
30
%
12
26%
Jan 20
Jan
7
Jan
8
Jan
4
Jan 14
Jan
5
Jan
2
Jan
4
Jan
2
300
Jun
23% July
11% Apr
8%
64%
5%
31%
1,900
90
21
*140%
22%
22%
141
A:
26
7%
24
No par
No par
•
Deo
28
14% Jan
No par
$3.50 conv pref ser A
*113
*17%'
*20%
•';*i5%
1%
36%
36
*89
89
*113
21
*1% >
22
24
Sharpe & Dohme—
6,000
21%
20%
1%
Jan
Jan
6
5
Inc
Slieaffer
15%
13% Feb
Jan
Shell
Deo
17% Feb
54
5,200
54%
30
No par
< 6,800
3%
Jun
7
No par
130
21
Dec
34%
2
20
No par
Roebuck & Co
Shattuck
Dec
3%
6
$5 conv preferred
1,400
34%
■
3%;
18
3% Jan
100
—
Seagrave Corp
300
7%
20%
.
21'A
*1%
*113
34'A
20%
25% Feb
160
<
10%
7%
35%
20%
<[:. 3%
19%
--j:
1%
34%
7%
2
Jan
59% Jan 12
10 Va Jan 13
9
Jan
7
v.
72
*70
24
12,600
62%
10%
<":•
35%
<
.
12%
62
10%
69%
<
12%
62
Feb
Dec
Apr
25
10
100
100
100
—100
Seaboard Oil Co of Del
2,600
20
xl9%
2%
..
-
preferred
19%
11%
10
$4 preferred
4-2%
68
66% Jan
1
No
No
No
No
Co
{Seaboard Air Line
10,100
7
2
25
5
5
100
$4.50 preferred
*2%
61%
*69
Scott Paper
19%
11%
/■<
100
3%
26
22% Jan
par
Savage Arms Corp
3 Va
3%
Feb
Feb
par
Schenley Distillers Corp
5'%% preferred
80,700
~5%
Dec
5% Jan
-
preferred
800
li/4
2
Feb
No par
100
15,000
U
90
9
No
Safeway Stores
40
59%
Apr
.
52
.No
(The)
Joseph Lead
Louis-San Francisco
6% preferred
$St Louis Southwestern
5% preferred
114
*111
1
Co
10,500
<
2% Mar
46% Mar
26% Jan
Antelope Copper Mines
251/4
114
15
26
8
11% Jan
par
480
5
Feb
64% Feb
Jan
77% Feb
par
99%
>
114
61%
10
;
•41
114
%
<<
2%
2%
:
./<-
114
*2%
*23%
Oct
4
.No
JSt
70
V
11%
xl0%
-
42
114%
*41 %
*41
19%
19%'
10%
4
.No
Mfg
St
2,900
108
99%
:•<"<' 2%
1 %
8% Mar
2
Ritter Dental
42%
11
99 %:•■<
2%
70
41
25
2%
*
14
Dec
.10
$2.50 conv preferred
<><40
9%
ey2
98%
19%
19%
Nov
4% Jan
preferred
preferred
.No par
Reynolds Metals Co
100
5% % conv preferred
I
Reynolds Spring
10
Reynolds (R J) Tob class B
170
8%
10%
♦113
V
2%
24 V8
63%
<
14%
42% Jan
Richfield Oil Corp
'
2,500
1%
11
2%
-
32%
99%
♦2%
34%
9% Mar
1
Rustless Iron & Steel Corp—
1%
y<
24%
%
*7%
10
25
100
Ruberoid
32%
<
10%
19%
10
Dec
14% Jan
-10
1
1,200
13%
99%
2'/8
*69
106%
92%
80%
26% Jan
1st pfd
100
.—No par
& Co
3,900
22%
46%.
24
<
41%
*111
\i
%
8%
114%
*113
114
♦111
Jun
21
5
100
Roan
13%
1%.
—
1,900
36%
6
8
•
300
46%
33
1 < <
;v<
6
99%
41%
42%
♦41%
*113
Dec
90% May
54% Jan
1
25
50
50
—50
Common
3,300
13%
X32 %
T<<
2 • <
*7
11
24%
■-■I
?
■/': "
6%
22
23
/•
:<< 2
*5%
1%
108%
V;
.46
33
>%'
7
9%
♦35%
11%
3 % Jan
.1%
iv<« 50
46%
13%
13%
46,
•
10%
6%
,
170
1,300
6,900
34%
10%
6%.
<
8%
8% /■ 9
9
6%
23
13
46
*45%:''.' 46
•
*33
10%
10%
6%
6%
6%
%
*8
Highest
S per share
Apr
88
5%%
2,800
27%
27%
34%
.
9
9Va
9
27%
.:
r,
,91%
,
4% Jan
59
.
1
200
70
—
.No par
Republic Steel Corp
100
V
6% conv preferred
100
!
6% conv prior pfd ser A—
Revere Copper & Brass—.— No par
29,200
<
7%
*7%
8% '.
27%
"
%
13% Feb
Reo Motors v t c
90
90
<
89%
8%
28
'10%
12%
89
34%
'32
9%
22%
12%
45%
32%
8%
11
6%
23'A
45%
4
Rensselaer & Sara RR Co
7,100
96%
'
70
V 9%
9%
89%
27%
34%
*10%
6%
£ 12%
10% Jan
Preferred with warrants
230
78%,
-
*94
96%
96%
<•
9%
89%
9%
8%
9
11%
6%
Feb
Remington-Rand
100
100
100
•
7%
70%
89
34%
34%
:
8%
♦11
17
Reliance Mfg Co
52
*77%
-
96%
70%
100%//
*99%
•
7%
;/". 8 ,<■ 8%
27%--' 28%
8%
27%
*34
2
Reliable Stores Corp
79%
*77
(Robt)
Reis
<8,100
8%
8
78%
7%
•
13%
<
13% <
13%
99%
77%
88%
89
27%
13% Jan
1———
100
16%
:
•
<
16
Hosiery
200
7%
16%
76%
Silk
Preferred
'
7%
9 ;
9%
V 89
6
97% Feb
No par
1
100
No par
conv
190
1
*6%
51 %
77%
*68
70
9%
23%
16%
16%
99%
r
97 v
97%
69%
23
<
7%
7%
•95
23
.
Real
40
72
7%
16%
v
1,500
700
< ■/.<
3%
*3%
72
50
77%
77
7%
<
*99
27%
3%
22%
77
50
99%
27
v"
27
75
13%
13%
*75%
49
16%
700
7%
79% V
16%
<
16%
*48
6%
30%
16%
*75
•
30%
*6%
13%
13%
*
.
\ 7,500
7%
'
7,600
29%
17%;%
17%
<■
'
12%
6%
2,100
17%
.*70%
'
preferred
Raybestos Manhattan
Rayonier Inc
$3 preferred
Reading Company
4% 1st preferred
Alt 2d preferred
,
12%
*6%
.
25
*28%
*15%
-
<
17%
*15%
—
—
49
7
•: 7
■
100
;
Radio-Keith-Orpheum
30%: :
*3y8
23
79%
16
106% Jan
2
7
15
P'S
19.800
17%
17%
•3% < r
'3%
■
25
29
* ■<" 30%
25%
—
6%
3
92% Jan
Corp of Amer
No par
$3.50 conv 1st preferred—No par
1,500
70
13%
29%
17%,
>
*72
*47
*6%
12
*28%
17
72
*75
,
104% Feb
10
$5 preferred B
5%
5
*64
24%
x24%
13%
29%
17% <
'
„
17%
13%
13%
*28%
72
—
22
*15%
13%
—*22
'75
21%
25%
*28%
; 3%
*70
25
/
16
—•
v
*3
5%
:
100
*86
,
.
68% «
*64
•29%
*29
<
—
25%
.25%
14% Feb
Radio
92.300
.
64%
64%
100
5
68
13%
v
29%:
*28%
.
25%
< .f-
■
<
—
15%
15%
■
_.
30
*29%
5%
68
25%
•
64
*86
69
'.".*64
I
63%
64
5
5%
<<<<.5
—
.
100
*86
loo
*86
\
63%
64
63%
64
100
5
14
Quaker State Oil Ref Corp
R
*64
Jan
•<".
.
7%
64
I per share
100
—100
No par
:
1942
Lowest
S per share
Q
*'
•86
11
Year
1
Highest
S per share
No par
6%
100
-1,500
•
(The)
Oil
Pure
2,500
7%
16
Lowest
Per
20,600
16%
16
Range Since January
EXCHANGE
Shares
14%
*97
97%
7%
share
*105%
16
~
5
13%
97%
97 %
13%
share
per
13%
< per
Range for Previous
S^OCK
YORK
NEW
the Week
14%
14
106%
97%
*12%
Sales
13%
♦105%
106
Feb.25
I per share
share
13%
13%
13 %
*105%
Feb. 24
for
Frida*
Feb. 26
Thursday
Wednesday
Feb.23
Feb.22
Feb. 20
I per
Tuesday
Monday
Saturday
Apr
47
Dec
25 V*
Apr
40
Nov
22%
Dec
34%
Jan
42
AT.
62
Dec
5ya
(
Jan
3% Mar
'<<4 '
Apr
3%
43
116%
Jan
Apr
Apr
<
8% Nov
4%
Jan
6%
Nov
6%
v
Nov
55%
128
Jan
Dec
3% May
5%
Jan
11% May
15%
Jan
Apr
1%
Jan
9 V* May
16%
Dec
26%
Dec
1
17%
Feb
3ya May
20
Sep
4% Aug
25
Jan
"
THE COMMERCIAL & FINANCIAL^CHRONICLE
790
Monday, March 1, 1943
NEW YORK STOCK RECORD
HIGH SALE PRICES
LOW AND
Saturday
Feb. 20
.1
Monday
Feb. 22
V
ser
that«
'
Feb. 23
30
30
30"a
30Va
23
23'%
23%'-
24'A
5%
5%
6
*6
6%
__
*38
4174
—
4%
4%
10 'A
*4%
IOV4
45
41.1/2
4'A
45'/a
:.
:■
10%
1074
1074
4674
46
Va
4
474
—
9%
7%
■
20 »A
974
774
20%
7%
8
74
—
39
*37'/2
55
3574
*3474
974
8'A
8%
-7,100
.
8%
87a
2174
15,100
21 'A
21%
--
*274
—
■
/:.
;:V
5
1
*34
400
.
—
*3
3%
53%
3%
'V::/
'
35
574
35%
if
574
35%
80
.
4
27
27
2%
2174
21 %
117a
1174
1174
97%
98
30
30
43 74
43 74
774
7 3A
r
3074
44
12%
98
3074
"
'••
*'/ I
8'%
28%
2 74
;
*1574
16 74
100
-■
21%
2074
12 'A
121/2
137'a
;,
;
3
83
/-:■'
16 'A
16
13%
3%
81 »/a
8174
-p
774
15'A
1474
15 74
29
2874
29-
$3.50
'
6974
7%
47%
47 3A
«
28'A
28%
674
6
674
6%
71%
,:v 8-,,v/:
71
47%
Kh
47%
4774
674
7174
48
♦
"
11%
11%
1174
8074
82*)a
82
82 74
113 '/a
11474
*113%
115
*113 74
11474
1.14%
1.14% C
*110'A
111
111
110%
1.1174
1774
17 'A
91
84%
>26%
.
3174
96%
19
"
17 V
*110%
ITvA:/
<"62 '
21
65
21
1174
112
—
87a
»
■
474
4%
ZZ
,
>
21
*1974
1
26%
ffA-.'vV-.:
6
31%
97
97
'
'
'
•
•
#•;
874
V/-,
1
/A'
;
•' r; :
l
'
_Wu
jr't.ni
•1/ 9% Jan
2474
42 :'•
2'/8-May
26
35% Feb
•
Sep
26
3
Mar
/Jan
5274
Dec
474
Jan
41.
4% Jan
/
34%
Feb
2% July
21
.Jan
3%
Sej)
574- Jun
19%
17% July
2774
Jan
24
U Mar
1%
Nov
4
21%; Feb
20
12
•
"
Jan
8'/«
Jan
Dec
1574 Nov
12% Feb
25
10%
Feb
4
98%' Feb
26
85-.
97
Dec
2
30%' Feb
25
22
May
34>4
Jan
40% Jan
20'
Feb
25
31Va-:May
43%
Jan
Feb
26
•
48J:.
•
V 8
Jun
.Mar
'*
•
6% Jan i/4
27
16%'Jan
26
11
19%- Jan
1%. Jan
par
^
100
4
58
2
103
18
10
25
63%
Feb
9
•
Dec
•'
974
83
Jan
Dec
11374 Nov
10074 Mar
Feb
94
85
Nov
46/
Sep
iHr» jreb
2
.
.7 74
Jan
774
Nov
'Nov
7874 Nov
May
Feb
2874
Oct
6
Apr
6
80% Jan
w.
17
111% Feb -25
2
16
26%
Jan
26
/
Nov
Nov
774 Aug
5V« May
Feb
115
*•' 15% Jan >' 8 7
__25"
2174
16
11% Feb
2 "'
13-V
-Jan
5
113
105% Jan
pfd___No par
5V«- Jun
82% Jan
'48
Jan 18
Jan
Jan
274
71
7V«- Jan
16
8 '/a Feb
Dec
4
10
i
Dec
1874
•12% Mar
Jun
6% Feb 17
73 ; Jan 30
5
>
Jan
674
% Mar
56V2
15% Feb
5
'
Jan
42
15
26
:29% Feb
Jan
'8
79
Jan
7% May
8%. Jan
SlVu Feb 23
4% Jun
67
.
.7% Feb
12 ra Jan
25
3%'Feb
>
Jan
6V2 Jan
puT
4
4
14% Feb
1% Jan
69
8%
t
Jan J 5
151/vJan
ll'i/4
No par
Union Pacific RR Co
t
30
25
No par
Union Oil of Califoi,nia__.Ju
2
•
9% Jan
Uarb_-_^_j_iVo. par
No
;;
4
Jan
6^4
$4.50 series
5
Oct
Jun
3%. Apr
25
5% Feb
Dec
7%. Jan
34%. Nov
5
531/a'Jan
'
Dec
874
•
5.
25
3% Feb
'■i
Apr
28 % Jan
_«.i__No par
Fisher Co_»;
Uaiuide at
Jan
94 % Jan
No par
:
68-
674
6
-
-32
■
!
Co..
—-No
-
par
preferred—.'——
5f>
United
^100
;
t/ XJnited-Ckrr Fast Corp_^.wJ_>.No par
United
$3
3174
500
30
•
1
1.900
-
31% f
68%
Corporation
:
par
——No
preferred
par
—No par
v.' United Drug Co———
United Dyewood Corp
14.600
'/
A
6774
Carbon Co——i. —No
15,300
,f
674 •;
6
Biscuit
55.000
•
v.;i.V,
5
:
'
preferred^
conv
United
100
v.;
874
49
-A-
-,.5%
7% Jan
27/a Jan
;
38% Jan
10
,100
—
United
Electric'Coal
United
1.100
V.
——>1
r^eierred
,
474
7%
7%.
*90 (/'
:
.
90%
474
7%
/
'
■■
21 %
474
2174
'774
*90
.
•
10674
21%
106%
4%
1
6874
; -
106%
x.1.0674
47B
774
90%
9074
: •;
90%
•;
108
May
Jan
.T674
Dec
85%
Nov
Jan
—5
Cos/
7%
United
:
1774
•
'
26%
63%
V 5%
103 -
.United
140
No par
/—I
i
United Mer & Maun Inc it t c.
•
'V$6,lst preferred-
>
22
-■
23%
.,30"
Jun
89
•
81 Va
f
Apr
/
Jan
21
104% Mar
62 Mr Feb
24
37
May
20% Feb
18
16
Dec
f
974 Mar
Jan
203'4
774/ Apr
24
Jan
1043<
10
173/» Feb
Jan
112
1% Feb
15
21% Jan
29
87'a Feb
7 ;;
15
-
6% Feb
Dec
20
Feb
iff
18
Apr
74 Aug
374 Mar
15
374
50
25
25%
Jun
V: 35
22
48'/a
Jun
72
6% Feb
21
37.4
Jun
15'
24
4% Feb
15
11%
2%
Feb
15
91 >. Feb
15
1274 Feb
26
Feb
26
8
/»; 84V2 Jan ;2
•
Feb
74
Jan
574
93 74 Mar
21''2 Feb
107Va Feb
■
Dec
Nov
Jan
6% Sep
Feb
.,69 •>"
Oct
Dec
874
-
33
Jan
32
Jan 12
Jan, 11.
Jan, 2,
Jan
4
Oct
5874
Apr
1%
13
Feb
49
Oct
113
July
4%
25
6% Feb
4
17
#V Jan
11
Feb
,Eeb
y3674
20 % Feb
16% Jan,. 6V
---No par
25
97Va Jan
Paperboard
—l
10/^y;'. 3'/» Jan / 4/
Foreign Secure—/——No par
f
4% Jan... 6
U S &
6.600 f
907/21
par
Tmprov'tiLuU.—No
$5 preferred,^.--—
9,400
3,100
V
Gas
No
74«/jt. Jun
21%. Aug
2
Feb
S'/a Jan>y'i4 •-
..i•'
Eng 4£ Fdy—_—_—_3
United Fruit Co——
,
500
^
47B '!''
-
90 Va
•
27,000
•
21'A ;
4%
774
6.200 -•
106 »/2
2074
.:•
4%
f
674 'v-"-
106%
•
-•2074- -2174
\
674
674 •:%;
X674'
-
-32
4
:
,
27% Feb
24% Jan
8'
25% Jan #' 6
;
93 V2 Jan - 4
17% Jan ,20
■/• 16
Jan - 8 V
109V2Jan
2
/
55xk Jan .16 ;
18% Jan
7
II* Jan f/2
17% Jan
5
*5/
500
5
6%
•
•
,
674
10674
106%
V[
x30%
68 V
67%
6%'.
"2074
901/2
6%
34%
No pur
:£
797% Jan
f
Urt Air Lines, Tr«nsport_c%^___i;^5
800
.
20%
8%
'
46 %"•':;'
—100
United Aircraft.Corp—
1,400 A
A
:
i
preferred^—-.—
Union Tank Car—;—_l
i
i
*45
5
~
46%
,
4%
11,300
1 %
2074
874 ■/•■•:'
*474
474
46%
6
6774
474
*90
'
v'
1'
500
20 74 /
2074
1%
*32
31 Va
7'/a
•
7%
23
Oct
8 74
23
Co!—V
Preferred
18.000
>
*110% 112
62 A-. 62
2174
874
4%
46%
•
v':'.:
6'A
6
,.
:
2074
4%
.
Union El Co of Mo $5
-2.500
1774.?
1774
21
20%
874
874
5
46%
-
;/••:/• 67%
67a
t/
107
20
4'/a
25
Feb
Nov
3774
.May
i
2% Feb
—10,
'
674
*106%
■
Elliott
UtiiUit
•7,100
?
v / 1974
19
8
62
1
1%
29%
'/■■■
',67
6%
5
8%'Jan 29
-•
33/a
Apr
28.... Apr
9% Jan
Corpl!—-ii-No par
Coach
Under
6.500
27
3lVa
112
*1.074
2074
*4%
*45
2974
66 74
,t> •
preferred-.!
"
'
6
Oil—
% Union Bag & Paper
110
110%
84%
17 3
€2
62 V4
62
20
874
-
■
45
2974
Twin
20
115
1
8%
••
11,800
1774
•
-
11974
■
*1101/2
r-
1%
191/2
•
20
45
15
8Va Feb
Dec
4
16
21% Feb
Jan
27% Feb
16
Trail-.!.i!NoT>ar!
.'7preferredi^.!--v^—-—.—lOO'
i
17,100
8274
97--.
1774
20%
174
1
2
OCt
9%
4274
Apr
2
Twin City .Rapid
2.000
47% A/
8474
/■
■
.
$1.50
4,100
V
32- r:- '
1874
1774
•
20
25
■41
8
30
26
Nov
Nov
4 V
7 V2 May
2
Feb
574
35
-
5
Oorp_'i:»lt_i
i'oX
.
1
370
8
26%
96%
19%
T*110%
112
*1934
6474
/A'
'
17
9674
1874
17'A
19%
17'A
*2074
xuO
1.700
J
93
26%
9674
96 7 b
19 V4
112
■•'
26 74 --
317s
9674
*61
Apr
Feb
V
7
8% Jan
preferred__•___Nn par
* -.*%•(, } %
^
Truax-Traer
800
.
/
711/2
1.7 74
85
3174
2674
19
*11074
>.
674
9 2*'2
'
94
84%
84%
84%
27
96 74
*1674
1^,
28
110%
'18
91
31%
30%
3074
30
17%
18'A "
88 V2
84Va
27
*2674
1774
8874
Apr
lVa-Mar
"
8474
8474
18
8774
:
4
32
Feb
V
€
Jan
Nov
1 % Jan
_1
preferredpar
$6
5,900
,
lay a
a */4
*ll3»/2
"
ZZ' * 'Z-'
■
8774
-
Dec
5'A
26V4 Feb
f' Tri-Continental Corp—
i'
80
'
,.
'
1774
867A.
(
_
Transftmerica;
TO,100
•
•
11 '/2
1074
8174
*110%
•
827a
11
81%
I'll
.
8,800
774
47
,
1074
-.
374
81%
8
8074
.
Associated
ronv.
Transue &. Williams St'l—
7074
/874
47%
4/
71%
7%
10 %
.,•••
<4.50
2,600
*6
8074
111
=
Jan
Jan
3
.
preferred /.T-w-ANf par
1,900
2774
9%
*
1
25 Va
■
10'
\
12
29 %
Aug
3% Aug
11
4% Feb
■
1974 Mar
10
40"
r 5
Jan
33%
25
~
7
3
28%
•
■
■8
y/iW ,'77/4
cum
Tide-Water
+
3,900
'
.,
/
ft
lu
"
4774
71:
-
Highest
per share
15%
-
15
10% Feb
,7v''.'
i'l
2i/a Jan
52
par
A''.
1
15"ff
28
7074
69'4
77's
Jan
4V4 Feb
47
5
61/4 Jan
4
1474
811/2
•
1.
15:%
.
8
17% Jan
—TOO
16%
x7 74
.
774.'
A
:•
=
*
2
35
Tlmken 'Detrqit/ Axle—4-'.—_10'
Timken Roller BearingL.JA—No par
2.200
,
-
8'.4
•
"
71/2
;
:
,
83
*81%
,
•»
6
674
;
Jan 1
39'/2 Feb
,
13
7%
!__—fl
Trariscont'l &. West Air Inc———5
374
3
774'
15
6
:
374
:/■'
3'A
• 9
8% Jan-
Co—
1674
1474
81 Va
2
Jan
3 Va Jan
I
—
14'A
16%
1374
•;7Va
8174
7%
7'4
774
15%
29
.
8
13
3 v/
3
*80
!■
6% Feb
25
Jan
■
36 % Jan
conv
Anuntpodu
1.110
/*
•l
46
45%
1574
*131/4
5% Jan
U
Thompson Prods Inc.._i___i__/Vo parThcinpson-Starrett Co___v__No par
'■
'16,100
:• ■
■
98%
30%
8
%
1,500
,
98
46
"...
14,100
3074
13% f-.V
1574
*13 74
Trust!/.
Third Avenue Transit Corp._No
600
274
98%
r'
8
8
7%
26
41% Jan " 2
25
:
$3 div conv preferred_It) ;
v
:H
7%
7%;
30
6 Va Feb
35
__50
Preferred
;
3,200
3074
•,
4574
45%
44%
45
*8Va
127«
12%
9874
30%
11%
•
474
*27'%
"V.
21% '
21
30%
98
30
"■
98.
12 V4
97:,/4
274
.
2,1%
21
TV'
874
23A
374
2774
274
274
2174
2034
*874
26%
«7'8
*26'A
2%
274
274
•/
27
-
2674
*8
8'A
8'A
8%
*8%
474*
4 V4
4%
4%
474
474
4
(The)—
Thermoid
4,100
3574
5%
.
'
S
share
per
26
26V4 Jan
I
'
5
35«A
35%
31% Feb
8
' 2
4
9
-
preferred-. jIjaNo purFair!—No par
The
1
80
55
*53 74.
'
*
■
'
*26 74
$3.60
■
•
•
'
5%
5
35%
Va
*3%
53%
53%
•
8
4% Jan
Texas & Pacific Ry CoAli....!
100
Thatcher Mfg CO__L___-No par
1,900
.
41
*3974
53%
*
3%
*3
3%
53 '/a
4%
'■
—
Co
Texas Pacific Land
.
6,200
'
874
*8
%•
8%
41
41
(James)
partlc preferred—-
Jan
22% Feb
„
i
1,500
874 /•'"
8 74
8%
1042
/ Lowest
.
t per snare,
'
874
:
41
*39
29.
—
—1
Texas Gulf Produc'g C0-T
No par
Texas Gulf Sulphur
__No par
Texas Pacific Coal & Oil_A_.;
__10
.
•'
"3,600
v
9%
"
21
21%
2074
8'%
5374
/;
-1-
%■
474
4%
Texas
■
3%
*2%
*53%
9%
:
39
39
•••
5,000
391/4
9%
International Ltd—
Talcott Inc
16.100
4%
4%
x39
Year
JHighest
S per share
Telautograph C6rp___—_5
Tennessee Corp___„_
5
'
1074
974
774
2074
8 >v.
i
1
47
4%
39%
974
774
—
•
4%
387-4
9%
'
774
4%
3874
•
Lowest
,
Sylvania-Elec Prod's-Inc—No par
f Symington-Gould Corp
•
2074
9%
4%
.
39
387#
»
381/4
474
4V2
/'/■/— 1
74
3874
38 7a
10 74
46%
46 74
10%
45%
%.
Por
-5 Mr %
474
1074
•
900
41V2
46'A
'
■
300
6 %
6 74
*4
10%
__
;15,200
*38
45%
'
Sw'ft
'5.100
6 '/a
4%
4%
4%
4%
Range Since January I
*
"
/
*3 Rio
24%
41%
*38
41 Va
*38
Range for Previous
STOCK
YORK
EXCHANGE-"
Shares
31 %
31
24%
G%
t[
6%
6%
6%
*674
674
:
*38
24%
6'%
NEW
.
'
f per share
t per share
30%
24%
6%
for
the Week
Feb. 2(5
..
30'/a.
30'/a
24%
6%
301 a
23%
•
i
6
*674
__
i*
Feb. 23
Feb. 24
6
'
Sales
9 per share
f per share
9 per shart
STOCKS
i
.
W-dne«'"ay
T»»*!<d«y
Dec
10674 Jan
Apr
t
Sep
.„•/ 47a
5%
Dec
87
Feb
2
V'a Apr
77% Apr
1674» Oct
Feb
'
11%
6274
621/2
•;
7 V4
*7'A
11 %
~Vk
7%
64%
7%
*4
36 :V
7%
7 Va
35%
41/2
41/2
1474
"14%
15%
14%
*108
111
*109
/
3174
3174
■
112
31%
36
38
36
3874
38
1.74
1 Va
3074
107
55
55
107%
70
5LV4
87 V#
67%
5274
*67
5174
53
115%
116
v
24%
45
'
11574
24 7«
70
5274
47%
25
*44%
• :
1.500
14% V
4,300
1.4%
14%
112
A
32%
38
'.V
5274
?
25 Va
115%
;
26%
•
47%
1,600
116
'•
274
% 274
t
t
Plywood Corp—
s'
U
A;
Rubber
■r-8%
U S
1st
/100
50
Smelting Ref & Mirt
U 8 Steel
46
Corp———————No par
/' 47Va Jan
Jan
112
i._No pat
—23
99
24
22
6
% Jan
■
Jun
-29 74
May
Dec
30 74
20
3274
Dec
1
Mar
2774
Dec
Apr
Va Aug
-
13% May
54
Mar
10374
37% Apr
24
44
5
Jun
16
107'A
25
Jun
Jan
5574
Jan
11974 Jan
15 Va Apr
3974 Mar
16/
Jan
71
74 May
Jan
Dec
5174
Apr
26'A Feb
Aug
'
,58
44
Oct
114
2674 May
19
23
'
4
474 July
147-8
Jan
3
116
8
1% Jan
3474. Jan
Jan
53% Feb
8
,•< 21 Va Jan
••: 42'/a Jan
-100
—
Apr
7 /
,
Apr
/•■
Feb
68
2
Co——-
Jan
674 Jan
41
Sep
24.74
2Vs
■
26'
13
Dec
Apr
27
5 / / 32%-Feb
Jan
Dec
17474
4'/a
•/
Jan -8// 1081/2 Feb 25
57
-Feb 15
Jan- 4
101
...:
3"
1174
.64
May
34'A
24
26.
64% Jan
preferred—/
■'
25
2 % Feb
; 2
/.SO
-Preferred—
7%
-
25 % Jan
10
Co———
Preferred
V
100
—1
preferred—I/—1
V S Tobkcco
3,200
:
•preferred-^
1U 8 Realty & Impt-/——No par
:
3,700
-
<
26 74
47%
1
100
53'A
"2574
t
U S
U S
36%, Feb
4;.
4% Jan
8
V 16% Feb
6
16 . 109% Jan
33% Feb
13
36
Fel)
13/
/39
Feb
15
39
Jan:
:. 4 '.Jan
./ 137/a Jan.
_>108
Jan,
r
29' a Jan
297a-Jan
;
32
Jan
/
U Jan.
/.
cl A——.-—.No. oar
conv
6% May
40% May.
159
..
-No. par
-——"—LOO
Pipe & Foundry/—
-20
Playing Card Co———19
'
A-'
f *44%
■
'
3,400
/
>•:
70
■
5274
116
115%
*44%
••-
34.000
:
f.
55.600
56
*67
28,800
•
50
preferred—
,66
59
v
t.173
Jan. 19 ;/ 176% Feb 24
> S'J8 Jan,
7 /,. % 7% Feb 15
'41, Feb 26
?
40
Jan 12
Co—p«r
U S
100
2.500 (
-
3274 *
108
56
-5374
•-
V
conv
U S 'ILeather
/"• Par tic &
t-.
,
9Vs Jan -8
Jan. 29 r.
V
:
—.ilj90
Corp_'_
__L5.
Industrial Alcohol—2
^U S
•
4.400
2% %
31%
70
25%/f
.:>■
47%
'
56
*S7
•
39
/> 107%
108 «/2
5%%.
«
Prior
38
38%
:■:% 2
32%
-
56
50
32% V
*35%
V
2'/«
—20
112
32
38%
V
10774
r
*108
No par
preferred———~
U S.Hoffman Mach
5,700
41/2
31%
•
v
53%
116
35% V
4»/2
1%
56%
11574
2474
*44%
24 74
45
31%
107%
*67
41
35%
38
1%
56
41
4%
*35'/2
•
38
31%
56
41
;
7%
v-
1,000
71/2).
36
x321/2
38
10774
10774
20 ;
-
40 Va
*108
33%
U"S Freight Co—„;
U S Gypsiun Co—_i.—/
■••
5,400 1
176
7%
14%
112
1%
7%
10,300
66
4'/2
15
37%
32
5574
4>/2'
*35
1%
65
*175%
35%
36%
32
39
•
1%
31%
30Va
106
*108
31%
37%
*35
*
41
*40
36 %
4«/i
3574
14 74
115'A
176
■
12%
12V2
65
♦175%
:
''
V 474
3474
•12%
11%
64%
176%
176
7
V
41
111/2
62%
,
1
*40 i
:
41
*40
63 Va
*176%
180
*17 5 74.
11%
62%
12
*111/2
24
Jan
4674
Jan
'
274
2 V4
23s
2%
11/4
174
1%
174
64V4
6474
64%
64%
1674
16 %
16%
63 74
63%
2%
63%
*
*16
*63
*156
*156
^
'
*170
175
*171
■-
■
■
2%=S ^
1%
"/
*
175
64%
1674
1674
63%
X
63%
1%
*64
:
•
•
17a
-
•
i
174
156
64
156%
*170
%
%
tt
U
1-0.
To
111
44V4
45
46%
467a
47%
4774
48%
1878
19 74
181/8
1074
19%
20"
1974
20
10%
1074
11
11%
A'.:A 11%
12%
12%
12%
*28%
29 V2
*2874
29%
♦115'A
117%
*115%
*115%
*28%
29
*27%
29
.
.
190
*
A
-
u
..
—
n
A
•
.12,000
48
19%
20
8,700
12'A
3,400
r/c; 11%
*
28 V«
J
/
A
28
Van Raalte Co InC
42
*42
42%
*41
42
♦40 Va V 41% '
Vick Chemical Co—/
55
*50
56
*53
58
♦53
J'
60
Vlcks.Shreve & Pac Ry—;
62
*55
65
*57
65
*57 ' "
65
25%
*25V4
65
*55
*25
26
*25
25%
25%
25%
*1.3.5%
25
11 '</,
.
:
'5^.
25
;
'
474
4%
50
50%
*11674
117'A
4%'.
4%
507?
51
118%
♦117
22%
*22
-
3.5.6'A
47»
474
52%
117%
5%
5
53%
52
*117
53
119
*117
5%;/
5374
.
35,600
/
:
6,500
r
120
2274
22 7«
*22 Va
22%
23
33
32%
3274
32'%
33V4
33%
337#
3374
33 74
/.
3174
31%
317a
32
31%
31%
31%
31%
3174
3174
*90
95
95
96
*132
142
130
*93
■'
■
24
98
*92
*130
*130
98
!'
—
*92
•
874
8%
8%
874
247*
247«
241/2
24%
24
24%
30*8
31 =
31%
32%
32 V4
32+a
8 Va
8 Va
8 »/4
8%
8%
21%
22%
21%
21%
*103%
104%
*103%
8 %
874
8%
24%
874
24%
40
98
:
1,400
;
;•
.
.
\
1,100
40
*130
874
preferred—.
preferred
—-
Va-<;arolina
6%
div
8%
24%
32%
32 7
4.000
.
..
2.000
:■
;_100
100
:
■
.
•-
■
^
El
Va
Iron
&
ChCm
•—
No
Pow
par
$6 pref——No par
Coke 5%
pfd—100
—25
__25
Detinning'Co—1
—100
Coal
&
preferred—
Vulcan
——--
Vultee Aircraft Inc
$1.25
preferred
_10O
-—I.
Jan
-
3474 May
60%
Dec
25
12
July
15% Nov
41
May
61
Feb
64«A Feb
:
9'
25
142
Apr
152 V2
Dec
Feb
10
147
Apr
169
Dec
IJi Feb
48J/2 Feb
24
%
Jan
V2
Sep
25
22
Jan
34 V4
Dec
Feb
24
14V»
Jun
2074
25
774
Jun.
ll Va Mar
Feb
10
Jan
21
176
/.•
20
-
30
-
117
■
19
112%
26
Jan
Jan
Dec
116'A.July
43
Jan
4
30
May
.42
51
•
Jan
22
50
July
Sep-
55
Jan
60
Nov
2574
Jan
577/a Feb
2-
55
„
26% Feb-15
-
18% May
1
.
Dec
51/4 Feb
25
53% Feb
26
117'A Jan
7
25 V2 Jan
25
14
Jan
2174 Nov
33% Feb
25
24
Apr
313,4
32
Feb
11
26
May
96
Feb -15
70
Jun
120
Mar
139
Feb
16
22Va
Jan
Jan»
110% May
Jan
6
8% Feb
23
6% May
5
24% Feb
17
16% May
7
•:
Mar
19VaJan
No par
Oct
156Va Feb
Jan 22
Feb-15
7
2% Jan
4
39 /. Jan, 5
116 rJan 15
20 % Jan 14
27
Jan 14
29'A Jan 2
80
Jan
8
133
Jan 26
Virginian Ry Co—
6 "5-
,
8% Jan
7
25'/2 Jan 11
116
Jan 11
41
Jan :-7
24
Oct
15
17,
7
51
57
1
641/2 Feb
174 Oct
/
12% Feb
5
Jan
15% Jan * 4
-
»;
% Jan
31
partlc preferred—u-—IflO
Preferred
24
100
5
—
—
;
, ■
Victor Chemical Works.————i-5
Va
23
32%
*21%
400
1st
Ti
:
-.
5
:—:*—
117%
*53 74
74
No par.
.-—/LOO
Preferred
Vauadtum Corp of/Am
—No par
Van Not man. Mach Tool———2.50
42
i.7.7 Va -:/
par
18
% May
34 Apr
1% Feb
Jan 13
14% Jan 23 /
59V* Jan, 15
150 /.Jan.-12
167 V2 Jan 20
—100
JSales^-f—
Vadaco
560
.
3'4 Jan 29
■
56
1
preferred-
*50
4274
55
4
8%
■
"
-
/
Universal. Pictures 1st pfd_——100
'116%
11774
*42
*48
49
U'4
47
/./
5
——-No
Leaf .Tob
Universal
,.
No par
preferred
conv
Universal-Cyclops Steel Corp
:
50
frv
175
$6
.
500
.
*156
175
300
/
'
—1
United Stores class A—:
2,500
18
*63
u
■
United Stoekyaids Corp
2,300
6574
*16%
>
43%
74
;
■
174
*64
17
64
*170 V
;f1:
175
■.
66
-
1674
*63
*156
*170
>
'
1%
64%
•
2%
2%
^
27a
Oct
•40% Oct
11774
2974
Dec
Jan
Oct
96Va Mar
138
Jan
10% Mar
25
Apr
W
8
8
8
21%
>103 %
21%
217
104a
For
footnotes
163 Va
see
page
'791.
22
103%
32%
33
105
a
16,200
Wabash
RR
8V4
81-4
3,700
Waldorf
System
*21%
22%
900
*1,03%
105
100
100 ■ '
preferred—
—No
par
Walgreen Co
.*
No par
4Va% preferred with warr
100
24%
7%
20%
103
..
4' »
5 -•'.
2
Feb 10
Jan
Jan
Jan
.
33
♦••
Feb
8% Feb
22 V4 Feb
103 Va Feb
25
24
21% July
61/4 Mar
3074
Jan
77'a
Nov
24-
16
Apr
2074
Nov
23
97Va
Jun
102 74
Oct
-•
>,**<*,
:
Volume
WJ/afti+WV-rtrW* t» iWhtiH
,1
I:vl
THE COMMERCIAL & FINANCIAL
"Number 4155
157
NEW YORK STOCK
Saturday
Monday
Feb.*0
Tuesday
Feb. 22
J.*
Thursday
Feb. 21
•
STOCKS
.
Wednesday
Feb. 23
%
'v.
•
for
Sales
■~.y Friday
'v
Feb/25-
Feb. 26
NEW
the Week
^ <
791
RECORD
HIGH SALE PRICES
LOW AND
CHRONICLE
YORK
Range for Previous
STOCK
Range Since January
EXCHANGE
Lowest
1942
Year
1
Lowest
Highest
<
Highest
"
t
I per shart
I
per jhart
$ per shart
shart
per
6 Va
6%
6%
6%
40%
40%
40%
41%
*16%
17%
*16%
6%
*6'/a
*
6 %
6%
6%
41%
17
6%
41%"
*16%
6%
I per shart
17 •
6%
,6%
41% ;
41%
*1.6%
'
l". 6
6%
I per shaft
*
8,900
Walworth
1,200
Walk
»
6%
"'600
-
No
Co
Ward
I per shart
I per shart
(
par
45/a Jan
2
6% Feb
23
3%
38Va Jan
12
43% Feb
17
31 Va
No par
15% Jan
4
17
Feb
16
-No par
4% Jan
5
"7% Feb
10
No par
% Jan
4
2% Feb
16
Jan
20
35% Feb
preferred
Baking Co cl A
t per shart
shart
per
No par
(H) Good & W Ltd
Div redeem
100
'17
•
Par
••
.
6%
4134
6%
•
*
41%
6%
>
.
,'•'- "17
17%
Shares
•
Apr
5%
Apr
13% Mar
41%
16%
Nov
Nov
Oct
Jun
6
Nov
% May
1
Nov
2%
■
2
34
..
34
9
,
80
9%
80
:
2
v.2%
*32%v 33%
9%
9%
•
80
2
34 Vz
34
9%
80
2
2
2
'*
V
33
9%
33 %
81
81
2.
-
.
34"
900
-
81
15
3%
■3%
f,
20%
*20
-
*3%
).3%
20%
20%
.73
10%
•1,000
1
4%
15Vb Jan
•5,000'
13,100
1 200
74
■
27% Jan
1,500
'
"•"•"
21
"• ;X
?
•
4'
•
-20%
'
Fdy <fc Pipe______„No par
.»Washington Gas Lt Co-i—-No par
18 %i
15%
4 v«'
20 %
*72
7
11.
Warren
21%
21%
3%.
•■>••
V.18Va
..7% Jan
79% Jan
300
'•i^.- 21%'
;
■
22%
•
73 :"'-
73>->
26
-50
5
Bros
$3.85
15.%:.; ;'■'?>-15'A'
'
21%.
-
—No par
80
I
!'')
"■f: 30%
18-'A
-15%
20%
73
30%-'
18,::
15%
21%
.73%
*20%
.
*30%
17%
15
20%
3%
'*72
>
17%
15
*3%
74
♦72
30%
21
.
20%
>
*30'/a
17%
15:
20%
...
30%
17%
17%
17%
*14%
>*20%
'
: 30%
30%
;
preferred
!
:
\
30%
$7
Warner
24.600
9%.
9%
>'•.,*80
•
Class B
2,000
2
33 Vz
••;•'.
'9% "V 9% rv
81":
8i;
.•:.;
2
Pictures
preferred—:
Waukesha Motor Co_:
900
Webster
Wesson-Oil &
■
J.0%
70
112%
*14
*112 Vz
3%
7
7%
32%
>
2 Va
3%
7'A
7%
V.
19
19 Va
V
'
T9%
'3%
•6%
.'.;• /
8%>
72%
:
"V ••7719%"'
*
4%
Western Pacific 6%
16,200
32%
Western"
18,800
20%
26
1%
Jan
3
July
Union
22 Va Feb
Jan
26
15
May
20 %
Jan
73
Feb
24
59 % May
x71 %
Nov
11% Feb
21
26
"
8% Jan
4
10%
Nov
4
65
Feb
26
34
Apr
91
Jan
67% Jan
4
80
Feb
26
41%
Apr
104
Jan
57
Jan
2
70% Feb
24
36
Apr
93
Jan
109
Jan
8
113% Feb
1
102
May
,
"11% Jan
113%
Jan
5
14% Feb
Jan
5
105% Feb
;• Jan
2
22
Feb
26
2% Jan
2
4
Feb
26
2
Apr
3%
Jan
5% Jan
2
8% Feb
26
4 Va May
8'A
Jan
1 Vs Jan
8
Feb
25
3a May
2
Sep
26% Jan
,'7
33% Feb
19
23 Va
"15% Jan
4
;20% Feb
26
13% May
30
19
10
16
97
,
300
'
No par
2%
;
"
>/a
Feb
18
Sep
104%
Sep
12% May
'
preferred—ul00'
Westinghouse" Air Brake
Aug
19
"
100
Telegraph
7 Va
103
100
Co—10
—100
preferred—'
2d
4% Feb
Va Jan
50 % Jan
6%
13,200
2%"
•'"32
32%
7,600
Nov
17% Jan
pfd
100
Va Pulp & Pap Co—No par
Western
11,000
Oct
18
100
100
•_!
preferred
Auto Supply
Western Maryland—:
•
14
Jan
—1
A
preferred
preferred
West
6,800
Feb
Jan
11 Va
—No par
Sugar Corp
class
19
12
69
No por
West Penn Pr Co 4%%
180
| 100
4
•
•
7%
19% 7.19%
70
1,100
7
22
Indies
7%
"
8 Va
V 32%
*
32%
50
i
14%
107
20%'
3%. :•
■
2% 7. 2%
2% V
32 V4
19%
:
2'A
/
14Va
*104 JA
(r
"
7%
2%,.'■••
113%
"
'
/
20%
3 Vz
32%
32 Va
ill
18%
">
3%
7%
2 Va
>
20-%
3%
;.
6%
33%
18%
3%
.
113%
14 »A
107
*104%
7
70%
t
F
West Penn El
f 130
70 Va
113%
West
14,000
65
80'
70% 7V
14%
14'A
20%
11V4. •:iiVa
78%
'
*113
106 Vz
20%
; ■•"'
■
7'7 '• 64-
78 ..77/ 7 7
*68
113%
■
-'-64
78
*104'A
20 Vz
.,-11 Vz
.
64
•
70%; ••;. :•
14%
105
20 Va
3
•
14%
14%
105
11
.
78
70%
20
•2%
62
V; *75%
70
14 %
107
20
11
62
,
112%. 113
112%
*105
10%
60%
.78
70
70
•
10%
10%
60%
rA 78
Jun
1
26
Snowdrift——No par
"
i
26
15% Feb
2
'
*60% '61%
*76
' 78
Jan
21% Feb
,-No par
$4 conv preferred
39%
17% Jan
—1
Eisenlohr—^,
Oct
Oct
13 %
2
18% Feb
Dec
May
X65
12 Va Jan
5-
r—.
Wayne Pump Co
Nov
8%
80 V
4%
23
31% Feb
29 Vs
Feb
16
13
Jan
Apr
24 Va
15
9% Feb
83
Jan
Dec
20
30
Oct
19 V*
Feb
Feb
'
'
'
85%
86%
*123
27%
,*107%
86%
•
33%
.
,.*27
*41%
50
>
*80
88
-*82
*41 %
■',7108
V
88
86%
'7,500
87
•124 Vz
f
124%
*33
;
7
27% 7 >
108 Va A'7 7-
*107%
50
*'86.
'
*41%
88
X27%;
'
19%
-20%
20%
Vz ' 106%
108
7*7 >" V? *41%
7 ,7;*86
50
88
<
•20%
V
62 Vb
20 "
63%
20%
62%
16%
:.16%
>
16%
16%,.. 7.16%
17%
17%
18%
h
18%
*4%
.4%
■f; 4%
5'/a
3%
3%
■
3%
3%
'
*42%
63%
*16%
17
•
?
:
v
1st
preferred
Weston
81
Jan
89% Jan
Apr
83
Dec
120
Jan
124 Va Feb
17
109
Aug
127
Jan
31
Jan
33% Feb
24
23
26% Jan
27% Jan
26
22
Apr
Mar
106Va Jan
108 Va Feb
26
.1
Instrument
Elec
"7
20% -20%
? Westvaco Chlor Prodi
1,400
27%
\
■'
90
"<50
88
1
20%' "20%
$4.50
8,300
Wheeling Steel Corpj—
-No
$5 cohv prior prefl——No
'
.
"85
63%
16 Va 1
16%
16%?
| 400
White Dental Mfg
18%
18%
11,200
White Motor Co
5%
>7,600
White
3%J
9,800
*42
*
50
*22
•
22%
*2%
3%
■4
>10
•
10 V«
-5%
■
V 200
"18
*115
v
"
15
>
4 %
*4%
69%
10%
>'
•
>10%
120
20 Va
33%
33%
20%
-
10%
•<
,
f' f' 6 -T
6
70
Rock
20
—No
20%
®
34 ><;.
33 Va
120
*103%
113%!
47%
47%'
<47%
3 3 TV
34
*49
90
1,300
6%
•>*64%'
125
>
r
*uo
49 :-V
f
•
65 *
65
48%
49
t
'"
r.
%
*65 Va
■'J " 91
65
,
'■*?:>■
92
$6
33%
2,600
34 -\4
t
?-i9Vr
v.
V"
27'A
Feb
69%
Jan
15 V#
Dec
18% Feb
24
12
Jun
15%
Jan
5
<5% Feb
24
3
Mar
5 Va
Nov
>3% Feb
17
1%
Apr
3%
Jan
40
Jan
15
40
19
22% Feb
25
15%
Apr
22 %
Jan
Dec
11,700-
?
19%
13
1%
Apr
2%
2 Via Jan
4% Feb
11
1 Va
Aug
2%
Oct
Jan
JOVa Feb
26
4%
Apr
8'A
Dec
25
3%
Sep
6%
Jan
Jan
"
"
~
8
1
4
pfd—
Jari
%
6% Feb
71 Va Feb
'57% Jan
V9
100
Jan
66%-
'
26
51
Sep
73 %
8
107'%
Jun
110%
22% Feb 26
16%
Dec
10% Feb
27
Jan
115
115
8
11.
—10
"17% Jan
9
,
25
Jan
-
'
-
67
50
:
Oct
68
20
Jan
Feb
17
23
Feb
26
117
Nov
125
July
Feb
26
106
Nov
117
Mar
48% Feb
24
42%
jun
54
Jan
49
Feb
24
44
Jun
57%
Jan
93
Feb
26
80
Jun
104
Jan
68
Feb
26
39
Apr
62
Jan
25
Feb
15%
Jan
2
16% Jan
20
112 Va Feb
15
116
109
24
110
Feb
24
19 V« Feb
30 Va Jan
,
21% May
31
Jun
14%
Dec
21%
Jan
""
Prior
100
600
i.
9
Jan-
88
Jan
15
58'/a Jan
4
,
i
f
...: •,:
9
46
-
130
rf
44% Jan
pfd 4%V« series———llOOf
Prior pfd 4% ft Conv series—100
Wright Aeronautical
No por
Wrigley (Wm) Jr (Del)— •„No par
400
93
f
•
34
(PW) Co'„——1—110
Worthington P & M (Dell.— No par
7% preferred A
100
:„> 6
preferred B
^100
-Woolworth
9,200
i 116 id
92
Jan
'
3% Feb
10
__—-
El"Pow 6%
53
May
—1
Motors---,
Woodward Iron Co—.
22% t'
P
< yiife
•>
Dec
Dec
12% July
••
.;
119.;:'',^' % 110 t 110
.48% J!;'' -<*47.X 49 Va
so?
;• "*48Va! 50 •'
*48%
17%
58 Vb
16
2% Jan
"preferred
10
———No par
preferred
—No par
Wilson-Jones Co
1,900
10%
'130-.;.
•-*47%
j
91
*90
f
24
26
Feb
17
15
conv
Wisconsin
22
'
19% X
*118
v'i 48%
;
>
109
109
90
65
65
>*48
89
89
•19%
*113%
47%
48
^
*47
34
19%
:■
125
-113%
*103
33%
19%
18%
.
*113%
20% Feb
63% Feb
8
'
Vi
*18% -*18%
*113 Va
Jan
5
——
"
22%":
93
Jan
40
"Wilson & Co Inc
*115
21%
Apr
July
80
50
x20% Jan
20
"
29,600
<
XlO%
■
Oct
Dec
2
,
2% Jan
par
^*1
preferred
Willys-Overland
->
9,500
6V2
71 ■ *>••: 71 Va
V.
10%
18
Jan
108%
5
3% Jan
•'•Wilcox Oil & Gas Co^
20,100
10%
6%"
'
?■'• •; 10%
Jun
89
14
13% Jan
Spr CO--—No par
Min
preferred—
conv
Prior
i 500
'*••' V'4 Va
10%;
.70% •:•••'
..." 70'/a
•"
10%
'••-
:;>6%
•
y. 'Z",
v
.
200
3"j
:*
"..'4
*115 V
'
20%
$4
23%
3
4%M ;4V4 yt
10%" ■:
10%
•„y.
*115
•*
a
50
*22%;
'V 2% •"
2%
■
20!
*V
*42%
r
22% "r
2%
5 Va
.>3%
;
y ;
50
22%
100% Jun
Dec
31'/a
2
Jan
..-1
'
'
10%
-'5%:
70
-•
10
■*115
f*
'
6'
70
10%
X
*43%
;.
2%
10%
5%
»
22%
X
;r
3% >v-
v 5v»
'
■
Jan
58% Jan
par
(The S SU
9
32%
'
18%
3%
22 Va
4 Va
"
"*10%
50
6
•; 3
10
70
*69%
r
<3%
•v *43
3%
•5%
3%
•
22%
*2%
•'.
•
X 5
5%
50
V' *22
3
X 5V«
18%
18%
<
Jan
White Sewing Mach Corp——_
7
'
17%
63 Va
42'A
par
63%'777^ 63 V4
*63
63%
No pur
preferred
_Aro par
Wheeling & L Erie Ky Co——.. 100
5 Va'A conv preferred
.—100
■■
.
.
*63
50
50
12.50
Westinghouse El & Mfg
60
500
>7..
34
"
*86
f
34
27%
*41%
7
.
;
*33
108%' 7
v
74
*1225/z .124 7T-
v
27
-
'.>7.:
87
86'A
124
33%
27 7 7.
•.
50
86%
>122%
X 33%
27%
*107%i 108
108
86
;•
124
33 Va
33
*26%
:
85%
-
*121
124
32 %
,
Mi
i;', V
*24
24%
-
16%
16 V*
16%
>123%
125
9%
86%
i':
•
24%
11%
24%»:
25%
16%
9%
87%
25 Va
25%
*
:
f
Co
*21%
25
13
Jan
2
II8V4 Jan
12
Young Spring & Wire
No par
77/s Jan
30
Jan
_100
82
Jan
26
10%
111%
t5Va%
preferred series A
Feb
11
5
Apr
10
9 Va Jan
•
Oct
Nov
Dec
Va
Nov
7
34
Feb
24
28%
Jun
37%
88
Feb
25
78
Jan
87
11% Feb
6
4
23
X7
May
'
'
Youngstown Steel Door——No par :
23%
14%
Jan
-
-
121 Va
Apr
25
4
No par
,-_l-
10
16% Feb
125% Feb
12% Jan
i—100
Youngstown S & T
I 100
8,800
ii%^ ii-%"
.•^
& Towne Mfg.
Preferred
23,100
.
.
Yale
Yellow Truck & Coach cl B
110
1,300
9%
1"
11%'11%
11%
127
'"*33% ?34'
! x88
'
88 : V*
«
88?
>88
i
700
11,900'
.
•16% "16%
*125
97a
>
33%- 34
-
11%
v
23%,; 24%
;
16%
1253a
9%
•
34
86 Va
24 Va r>
125%
-
33Va'
>
24
16%
125
V *9%
87
11%
A
16V*
>
33%
:
••
r125
9%
32%
87
11 Va
11 Va
16%
yV,*9%
'9%
32%
86 Vs.
*24
125 V;
125
>
31%
24%
"24
t
2 ' '
•7 12%
.
Jan
Oct
Jan
fliti ziill
,24
-25
2%
.""3
'2%-
•
•Bid and asked prices} no sales on this day.
reduced
100
from
to
10 shares.
25%' 25%"
"2%"' 3
2%
;
X In receivership",
25% " 25%'
2%
Deferred delivery,
a
•■'•Xv- Vx XX
Stocks,
Railroad
Number of
Shares '■
and Miscel
>
•
(1, *;X- V
:
:
Week Ended Feb. 26,1943
•
v«V'
v
Saturday.———
Monday
Bonds
|
_•
United States
Total-*
•
.'••
Bonds
....
$6,768,000
—
Government
Foreign
-
i
HOLIDAY
13,517,600
;:V,7
-
Bonds
Bond
'»
i
■*'
218,000
16,000
13,751,600
355,000
42)000
17.633,500
686.000
2,100
21,940.100
17,592,800
371,000
47,000
18,010.800
$76,366,900
$1,728,000
$108,100
$78,203,000
17,236,500
—
X-
.Xi".
'
;
Total—,
6,953,995
_X—
—
:
-<
">•<
•
.
Feb.
2
Ex-rights.
y
f.
»
-stocks
;
;
.
,"••'•
inded
•'
(Number
26,1943
4 '
•,
of
.
.'
X
SatUrdayJ
Monday—i
Tuesday"—
Shares)
•■
117,375
;
—
—
'
'
Friday—I
V'V.
U.
S.
'
'
Government—^
.
Bonds
—
i
..
y
i.
' V
Total
.
:
&
•
industrial—„•
.
—
;
$3,854,000
1942
Stocks—No.
of
shares
"
...
38,070,000
$39,797,000
17,790.500
"
Feb
8%
20
2%
1% May
Dec
Jan
t Unit of trading
523,522,800 "
listed
on
>;
the
3501938,000
daily closing
-
■
..
Foreign
•'■
-.
'>"■
averages
30
>;•;•
'
Date—
.'.;• '
-
•
•
20
15
-
•
February 23—
.= •
roads
ties
127.80
250,000
$34,031,000
$29,494,000
'
'
:'r.;
29.92
17.02
HOLIDAY
—
128.78
30.54
—_
129 58
31:24
130.04
31.78
129.71
31.83
42.94
.
■
First
43.78
17.40
44.13
17.42
44.07
-
Rails:
trials
' '
;
■
—
>
10
Second
■
-
■
10
r.'
Total
Grade
Utili¬
40
Rails
ties
Bonds
-
'
93.02
107.16
97.61
107.10
97.64
57.44
110.37
107.18
97.89
58.06
110.41
107.20
98.22
58.90
110.39
93.68
107.16
98.25
59.31
110.36
93.77
56.98
HOLIDAY'
43.38
17.10
--
Grade
!
17.12
10
10
>
•.
•
February 24
February 25
February 26
♦Corrected
:
figure.
•
i
1942
$2,896,000
'
Indus¬
Stocks
1943
$28,539,000
705,000
Averages
65
1942
$3,959,000
Jan. 1 to Feb. 26
31,000
110.31
»
«
93.14
'
•
'
$5,000
-
$32,782,000
1,218,000
of representative stocks and bonds
Total
Utili¬
trial*
.
February 20
February 22
•
•
,
$100,000
'
.'.1
4----—
-Bonds—
Rail¬
581,000
1,248,000
1,022,000
796,000
36,000
;
Indue-
7
Tntftl
......
'
:
$2,778,000
82,000
Stocks
..•*
S3.000
2,000
—
$3,854,000
100,000
•
!
the New York Stock Exchange as compiled by Dow, Jones 8c Co.:;
....
-,
Total
$312,000
corporate—u———5,000
1
•<
i
X
Foreign government
•
■
;,
are
Corporate
$3,000
3,477,390
Domestic-,
Stock and Bond
■
Government
HOLIDAY
16.000
: V'"- —•
8,000
73,000
8,976,577
20.931.000
$541,788,100" '? $373,944,000
j;
Below
..Bonds (Par Value)
' Foreign
Foreign
^59,565
$2,075,000
*
-
w.
1943
'.1,314,891/
—
—
20,684.966
•
X $474,800 X
1,647,000
$78,203,000
V
...
LL:
.
41,523,356
$80,000
r
76,366,900
—
».
..
';>x 1343
Bonds
1,728,000
$309,000
1,314,891
1
X
Total—X------
:
X,
1,662,820
$108,100
v
J
Railroad
-
7:
'
.
;
Foreign
♦
6.953,995
.
;
.
562,000
M,246,000
1,014,000
723,000
-
—
—
Jan. I to Feb. 26
1942
1943
Btocks—No. of shares
.
]
Domestic
Week Ended Feb. 26
■week Ended Feb. 26
'
15
11
,
208.150
263,505
366.221
359.640
,
-X
—X
Thursday
'
,
Feb
II Called for redemption,
,
•'. •-■••?,"
-
3
-
Wednesday—
'
Thursdays
Friday
'
.-
21,252,000
—
—
i
V
Sales
■
Week
•VX r$ 1,000: V $6,867}000
-$98,000
>
—
Tuesday
Wednesday
■
Ex-dividends,
25% Feb
12
Jan
2
1
Transactions at the Hew York Curb Exchange
Daily, Weekly and Yearly
y
'
i..
19% Jan
.No par
New Stock. 4 r Casfcr sale."s Special sales.
Exchange
Daily, Weekly and Yearly J ?
i.v
n
Zenith Radio Corp
Zonita Products Corp_.
.
Transactions at the New York Stock
,.'•
5,100
3,200
2%
r
93.39
$3,959,000
,
,
■
,
'
,
4
>
'
1
Tw..'
v'.
THE COMMERCIAL & FINANCIAL CHRONICLE
792
New York Stock Exchange
Bond Record
FRIDAY
"and
NOTICE—Prices are
Low
Government
M-S
J-D
A-O
A-O
J-D
Treasury 2%s—
Treasury 2%s.
.
23/4S—- ——Treasury 2%s—.....
Treasury
v,
—1951-1954
—1956-1959
--1958-1963.;
—1960-1965
Treasury2'/2s__^__..---.---.-.r---i945
.——,^1948
,..1949-1953
Treasury 2 'A
Treasury.- 2'As—i..
,
Treasury '2'As
;.._1950-1952
Treasury 2*/2s—-—--——1952-1954
Treasury' 2 %S———1956-1958
Treasury 2%s —---1962-1967
Treasury 2'As ——
——1963-1968
Treasury 2'/2s—
^.1967-1972
Treasury i'As———-—w-1951-1953
Treasury 2%s__.„...
1952-1955
Treasury 2%s_.—-——---1954-1950
Treasury. 2s——.-1947
Treasury 2s
Mar 15 1948-1950
Treasury 2s
-Dec 15 1948-1950
Treasury 2s
——Jun 15 1949-1951
Treasury 2s—--—
Sept 15 1949-1951
Treasury 2s
-Dec. 15, 1949-1951
2s———————1953-1955
Treasury
Treasury l%s-----_--~—June 15 1948
'
—
:.v
103.2
103.3
1
"108.7
108.21 108.21
.109.4 109.4
108.21
,k.
——'
108T5
1
,
108.21
109.4
J-D
—
100.10 100.14
■
>7 "101.22 101.24
"104.4
100.21
100.18
104.30
101.25
—
101.25
117
100.28
100.12
*103.14 103.16
103.16 103.16
"100.15 100.17
100.9
100.16
3%s
.-1944-1949
Home Owners' Loan Corp— -
-
A———-i——1944rl952
1%S series M
—1945-1947
-
M-N.
J-D
\3s seriee
102.23
—
*102.19 102.20
*
*101.9
.
—
102.27
,
102.27
101.11
New York City
v\-
..—1980
Corporate Stock...
3%
103%
J-D
We maintain
103% 103%
93
?
wks
5%s
44
•
120
New York
,
—
A External
s
f 7s series B
1945
f 7s series C
-1945
80%
.105% 105%
2
105%
106%
2.
106%
115
114% 115
*37
*37
J-J
55%
F-A
53%
A-O
30%
A-O
s
f 7s series D
.—1945
A External
s
1 7s
A
1957
1st series
J-J
External sec s f 7s 2d series—1957
AExternal
sec
s
—
.
—
,
•
3
15*4
3
15%
3
16
stamped>u—
16%
1
16
16%
15%
■
-
—
-
*44
-47
.
;;
.
•.
72 ^
72
76%
72
76%
76%
72
76%
76%
•
*
25
*20
j-j
—
87*/2
2
.21%
99-
M-S
'
*14
■
s
V
*14%
A-O
A-O
f 5s.——I960
70
(Commonw'lth) 5s of'25^1955
5s of 1927--——1957
.
M-S
80
79
88
80
88%
«
86%
89
88%
84*/8
84%—
,
Af-N
External g 4%s of 1928—^—--1956
79%
79 ":?.■*
89
7;
>7:7-
•
*12%
15%
38
78%
79
82
M-S
J-D
98%
98*4
98%
| A Brazil (U S of) external 8s—1941
AExternal s f 6%S of 1926—1957
J-D
A-O
44*4
43%
44*4
42%
40*4
42 %
A-O
42%
40
42%
37
J-J
.
(Central Ry)——
—1952
Brisbane (City) s f 5s
-1957
Sinking fund gold 5s——
.-1958
Sinking fund gold 6s—
—1950
Buenos Aires (Province of)—
A6s stamped
——.—-1961
*97
1977
Af-S
1976
1976
F-A
A-O
f 4%-4%s
Refunding s f 4%-4%s
External readj 4%-4%s
External
3%
s
Canada
s
5s
1960
1952
-
10-year 2%S—;
25-year 3*4s——
7-year 2%s
30-year 3s
30-year 3s2*4s
—1943
1961
—
-1944
1967
—1968
—_„Jan 15 1948
—
3s
—
Jan
15
1953
3s
;
Jan
15
1958
ACarlsbad
AChile
(City) 8s.:———,
(Rep) External
s
1954
f 7s—1942
A 7s assented
AExternal
AExtl
A 6s
sinking fund 6s-
For
footnotes
see
*
42%
•
10
1
.
r
70
—
—
:
^
107%
A-O
Af-N
—
F-A
J-J
—
102%
J-J
J-J
—
■.
69
70
*70
72%
54
74- ■
70%
70
71%
72%
54
107% 107%
98%
36%
44%
34
42%
42%
34
N-
34%
42%
87
91%
89*%
83
87
93
r
100*4 100'4
68%
73
76
^
69*4
72
70
73
2
71*4
74%
3
48%
54
9
1
100%
100%
97%
100%
J-J
1Q174
101*4 101%
100% lOO'/a
12
—
*10*4
—
M-N
—
*20%
—
*19%
19%
20*4
18%
20%
2
18%
20%
19%
36
18%
M-N
A-O
A-O
--
>
—
1961
F-A
1961
F-A
1961
J-J
J-J
20*4
M-S
—
*20*4
y-S
—
17%
—
19%
__
*20%
19
*20%
19*4
25
6
.
21%
18%
20
22
69
17%
21%
—
17%
1
18%
21 %
.1962
(Prov of) extl 7s..
1958
A 4 */2s assented—
———.—1958
Sydney (City) s f 5%s
....—1955
AUruguay (Republic) extl 8s_——.1946
82%
83
85
76 >;7
72
76
73
73
.,.*70%
.
...76%
M-S
4
76%
*104
..
-18%
M-S
70
106
70
73
10
76%
76%
(
19
6
14%
20
14%.
12%
19%
14
14%
13%
14%;
49
12%
.15%
A-O
14%
13%
14%
17
13
'14%
•
A-O
•
'7:7:
*13
■
.v??
•>.
\V]■''
*23%.
,
.
V.'"
16
: <
'■
-
■'
^
■
...
16
23'
23 r
14%
f
'•
"
*•
15
13%
20
21
12%
17%
*14%
' *
J.J
,
*19%
21%
;
35%
35%
7
92
92%
22
23
V:::^
M-N
18-
13%
js
: <
~L
\V
A-O
23
F-A
v
-
21
20
21
35%
96
23
18%
23%
7
.;.
4£•
59
23
23%
*22%
'
21%
30
3.28
22
23%
M-N
21%
91%
26%
21%
23
J-D
J-D
19%
15
v2
'.
26%
.
17%
/■>...>
...
F-A
"
12%,
'' ' '
,
.7*14%
;
J-D
J-J
16
15%
'14%
-O
A-O.
A-o
16%
21%
20
26%
17
-:-
47
"..
23
18
23%
17%
73%
18%
22%
78
77%
77%
*23%
25%
22%
23%
17%
23%
J-J
47
47
1
41
47
J-J
36%
36%
3
32
36%
35%
34%
35%
34%
3
29%
29%
34%
65
65%
11
62
67%
M-S
'
M-N
M-N
2V/2
M-S
— —
65
•
p
'7
2
''
•-
34
1
..
27
36
12%
10
15
M-N
*12
13%
11
15%
J-D
*12
16
12
12%
*12
14%
11%
F-A
*85
89
85
90
F-A
*81%
M-N
*79%
78
78
85%
85%
J-D
M-N
M-N
1958
.1958
■
J-D
M-S
1964
3%-4%-4A extl conv.
1978
4-4%-4%s extl readjustment——1978
3%s extl readjustment
1984
84%
80%
71
*70%
'
..
M-N
J-D
AExternal sink fund 6s
—1979
77%
76
M-N
3%s-4-4%s ($ bonds of 1937)
External readjustment—.—1979
(City) external 7s—
A4%s assented—
85%
7'"..'vv;
A-O
,
101%
91%
3!
—1960
conversion.
100%
82%
100%
*85
F-A
J-D
:
92
100%
2
AExternal sink fund 6s
External
93
82%
,100% 100%
*101%
M-N
f 7s———
A7s series B sec extl——
A Warsaw
—
,——1956
A Silesia
■>..
84
82%
;77:9
..
1940
22%
21%
22
*85
90
89%
91%
Serbs Croats & Slovenes (Kingdom)-—
A 8s secured external—
..1962
22
20%
loan
89%
.
84%
A-O
s
13
84
91%
J-J
21%
22
—
20*4
100%
20%
__
19%
100%
———1950
dollar loan—
S A Secured
__
83%
1968
102%
97% 100%
101% 101%
101% 101%
J-J
1960
external-.
8
2
—
municipal loan
..—1967
Santa Fe external sink fund 4s.—.1964
ASao Paulo (City of Brazil) 8s
1952
A6%s extl secured s f
1957
5 A San Paulo (State) 8s—.—1936
A7s
100*4
13%
10%
11%
,
of 1921.—
1946
A6s external sink fund gold——1968
A7s external loan of 1926——1966
100
27
90
A 8s extl loan
A 6s extl
79
A-O
1970
1955
AExtl sec 6%s——.——... 1953
A7s extl water
100%
:
Rid Grande do Sul (State of)—
101 fi
60
9% :<
13%
M-S
'
101*4
100
-*85%
F-A
.1965
1963
Loan extl s f 6s 2d ser.—.1961.
lAPoland (Rep of) gold 6s
1940
;i
A4%s assented———.—.1958
AStabillzation loan s I 7s——1947
A4%s assented—
—1968
AExternal sink fund gold 8s-l—1950
A4%s assented————1963
APorto Alegre (City bf) 8s.——.1961
7- AExternal loan 7 % s—
..—.1966 APrague (City of Greater) 7%s—.1952
Queensland (State) extl 6s....—.1947
ARlo de Janeiro (City of) 8s...—1946
100*4
10%
12%
*80
F-A
ANat loan extl 8 f 6s 1st ser..._1960
A8s
9
"5
(State)—
(Rep) extl s f 5s ser A.1963
AStamped assented 5s——1963
Stamp mod 3*%$ ext to—1994
Ext sec ref 3%s series B._.—...1967
APernambuco (State of) 7s—.—..1947
APeru (Rep of) external 7s—.——1959
100%
101%
101% 101%
<■
—
M-N
t
107% 108%
;
13%
*3%
A-O
2
100*4
9%
*12%
J-J
ANat
.
13%
f
F-A
f
9
101%
9%
7
J-J
5s.......1^....—...1958
s
14
9% '7,
*5%
13%
J-D
f 5s——————1957
29
J-J
J-J
s
101 Ys
M-N
84
23%
89%
.^47
29
15
16
82%
...
'
Q-J
Q-J
(City) 7s
1952
A^__———1959
102% 102%
100% 100%
101
—Feb
796,
v 13
-4
Jan
page
"
97%
98
97
4
'
Jan 1961
Sep 1961
Sep 1961
assented—
AExtl sinking fund 6s
A 6s
assented
96%
77
88
Feb
assented—-
A Ry external s f 6s:
A 6s
;
7,
85
11
15%
23%
v
J-J
1942
——
91
96%
-
90%
91
*—
,v; :' "*80^^
—
Af-N
1960
sinking fund 6s
A6s assented
■
t,.
*88
•
—
'
-1975
f $ bonds——1984
(Dom of) 30-yr 4s
'
' 88
:
—
••
Af-S
f 4%-4%s
external
98
42%.*" 40%
J-D
MS
F-A
J-D
s
99
■
A7s
External
*97
>f,
71
18%
9%
M-N
APanama
94:.
79
30
AExternal s f 6y2s of 1927—--—1957
7—
15%
;* 18%
'
89%
Municipal Bank extl s f 5s
Oslo (City) sink fund 4%s
94
83%
Belgium external. 6%s~——1949
External S f 6S".-——————1955*
External s f 7s——;———.——1955
85
...
"14
70
7:
4s sink fund extl loan
81%
11
16%
70
.'>•
81*4
13
25
v
62%
:H 8.
88%
•
-
12
.68%
23%
98
1.
: -
16%,, 17%
15%
70
*83%.
M-N
(State Mtge Bk) 7S—.1957
(Colombia) 6%s
1954
1-7% 7
,
*7ft%
23%
50
84%
80
A-O
J-J
99
*97
23
■
F-A
21
18%
'"'22%
:
96%
^
20
18%
95
7
23%
16%
42%
"
97%
97
87
__
,
.
76%
23%
»
,,
54%
51%
69%
J-D
16%
16
6
r
76%
J-jr
16%
16
v—'
'
1
;;*76%
A-O
1949
1949
External sink fund 4*/4s_
16%
16%
16%
42%
5
MS
16%
16%
16%
45
A-O
*80%
16%
16%
*16%;
..
16%
M-N
M-N
16%
..'*16%
•
J-D
*
■
—
A-O
External
7
..."
A-O"..-
f 7s 3rd series..1957
A Antwerp (City) external 5s_——1958
Argentine (National Government)—
7 S f external 4%s
1948
S f conv loan 4y2s——
i-1971
8 f exti *5onv loan 4s Feb——1972
S i extl conv loan 4s Apr—.1972
Australia
V-
A-O
-
58%
1
50
76%
35%
;47%
50
76%
>50
.!:
J-D
External
16%
•
__
55%
53%
54%
53%
50
■'/'
'
'
Norway external 6s—..——.1943
External 6s——.1944
External sink fund 4%s——1956
44
16%
__
v J-J
:
72%
:
External
44
*48%
16%
w
103
266
—
A6s series
"43
__
—
'f \
J A'
80%
A-O
«j,
,
21%
101%
102%
79%
J-D
;■
"43
*
—
J-J
s
A External
.•
.
iif-8
J-J
A External
-
_
F-A
A-O
*
46
I,
101%
us
NY, 1-1693;
..$•
<5
39
<19
•
J-D
New South Wales
Foreign Govt. & Municipal
Agricultural Mtge Bank tColombia)-*
AGtd sink fund 6s——1947
AGtd sink fund 6s
1948
Akershus (King of Norway) 4s
1968
AAntioquia (Dept) coll 7s A-——1945
32
A Montevideo
Teletype
7
v
*102%
•••
A-O
V
43
(Prov) 4s readjusted—
1954
Mexican Irrigation—
A4%s stamped assented——1943
AMexico (US) extl 5s of 1899 fi—1945
A Assenting 5s of 1899.—
—..1945
AAssenting 4s of 1904———1954
AAssenting 4s of 1910—.
—1945
§ATreasury 6s of 1913 assent—1933 '
Minas Geraes (State)—
ASec external s f 6%s
1958
A Sec external s f 6%s
1959
and other
Broadway,
5
li 9'
,'<*t
A Jugoslavia
Wertheim & Co.
REctor 2-2300
30%
48
44
20
20
80%
A-O
Irish Free State extl
;
30%
407
*101
M-S
Mendoza
Members Neu> York Stock Exchange
'30%
15
*100% 102
A-O
;
56%
56
>
88%
>1;
"■
40
.
j-d
—1945
—
part paid
—1964
part paid——
1968
Haiti (Republic) s f 6s series A
1952
Helsingfors (City) extl 6 %s
1960
Foreign Securities
Telephone
19%
25
J
44
20
:t;.:
A6s
ooutn American
,
18*/«
'
52.
:/:V
7
46%
AMedellin
-
21.
' 21
-16%
,
52
43 '
J
A7S
103*4 104
active interest in
an
2
,
56%
46
:
J-J
———1953
Greek Government—
Transit Unification Issue—
46
F-A
A El
;
■
17%
*30%
4*30%
J-D
French Republic 7s
7s unstamped^—
102.28
;
7
21
18%
•-
.41%
>
F-A
.
"102.22 102.22
"
18
56%
t
»,*30%
M-N
5%s 2d series————1969
.Salvador, 8s ctfs of dep.——1948
AEstonia (Republic of) 7s—
1967
Finland (Republic), extl 6s———1945
*102.18 102.20
;
M-N
'
17%
,
1
20
"W7VIU'%
17%
MrS
,
M-3
—1944-1964
———
3s
20%
21
*16%
>
43 .'
J-D
Customs Admin 5%s 2d series
1961
5%s 1st series————1969
Federal Farm Mortgage Corp—
.
f
56%:
M-N
gold 5%s
.—-—----1955
External gold 4%s
.————1962
IA Dominican Rep ,Cust Ad 5 %s_—1942
1 § A 1st series 5%S of
1926—
1940
§ A 2d series sink fund 5%s——1940
"100.14 100.16
100.12
.V 18
V;V.
M-N
S:; M-S
External
"
100.12 100.12
'
A-O
(Rep of) Ss.ser A.1951 ?
ASinking fund 8s series B__—_1952
SADenmark 20-year extl 6s__—.1942
"100.17 100.19
"116
17
17,7
23
18%
*18
F-A
A Czechoslovakia
104.2
100.28
12
19%
^56
1949
A Public
"101.16 101.18
123
19%
20
,T7% .18-
w.
■
A-O
_„1970
External loan 4%s_———_1949
4%s external debt—
_1977
v
'
"121
18
7
,
J-J
_^ijan 1961
External 5s of 1914 series A
104.6
"104
:
18%
A-O
-——Oct 1961
f $ bonds—
s
A Costa Rica (Rep of) 7s.
—.1951
Cuba (Republic of) 5s of 1904_
-1944
100.31
104.30
—
105.9
1927
Sinking fund 5*4s
105.2
"105.7
1928_——
of
Mtge Rank 6 */2S;
1947
Sinking fund 7s of 1926——1946
ASinking fund 7s of 1927—
:_1947
Copenhagen (City) 5s
-'---——1952,
25-year gold 4% s;
1953
100.23
100.10
11
100.18 100.20
"105
100.13
69
117
r"115
Of
A6s
A
"103.20 103.22
100.13
22
20%
;
18%
19%
M-S
A Colombia
106
104.5
"104.3
■v'-i
A-O
.i960
A 6s
"106.18 106.20
1-
;
18%
21
17%
M-N
M-S
3s external
106 V
wV-<
20%
18%
22
20%
A-O
——.i960
109.8
106.9..
.
laai
22
20%
i
M-N
...
*106.7
,
21
18%
'
*20%
18%
High
19%
I
.
"106.17 106.19
—
—1961
,
j._1962
"104.14 104.16
.
J-D
AGuaranteed sink fund 6s_——.1962
A7s assented—
108.21
1
;
J-D
AChinese (Hukuang Ry) 5s——1951
Colombia, (Republic of)-—
•
107.10
lOsTis
.
Low
No.
19%;
.
19%
: 19%
7.A-V.. V t"."*18%
7
18%17%
*18%
;•
M-N
J-D
assented
AChilean Cons Munic 7s
108.9
"108.20 108.22
107.6
19
/.
=
.
J-D
A 6s
104.22 104.26
5
107.7
Range Since
January l
Sold ;
.
High
"20%
V"•
M-N
.—1957
—
A6s assented—
109.17
109.9
-1-'
"104.22 104.24
,
A-O
A-O
AGuaranteed sink fund 6s
,
107.7
assented—
Bonds
Friday's
Low
7
-
"
110T9" lioTn
;
-
109.15 109.15
.
.—,1962
—1962
——
.ASinking fund 6%S——-1961
A6%s assented—
—^
__1961
106.29 106.30
f2
A 6'4 s
\
110.9
110.9
101.31
—
t
"106.14 106.16
101.24
or
i
AExternal sinking fund 6s—1963
A 6s assented——4.—uL-——1963
AChile Mortgage Bank 6%s—1957
100T25 100?26
Last
(Rep)
A 6s assented—
Week's Range
Friday
Sale Price Bid & Asked
Period
/
(Continued)—,
AExternal sinking fund 6&
106.3
3
110.9
MS
J-D ';
J-J
M-S
J-D
M-S
J-D
J-D
J-D
Treasury 2s—-1950-1952
Treasury 2s
1951-1955
114.1
105.24
"102.27 102.28
J-D y?;
.
113.26
1
"106.27 106.29
V-;:Lilt*iio.i7
J-D
J-J
J-D
.
1
2
*101.21 101.22
__
J-D
J-D
M-S
M-S
M-S
•
M-S
J-D
M-S
J-D
J-D
J-D
M-S
,J-D fa:;.
*M-S
M-S
MS
J-D
J-D
M-S
AChile
High
Low
No.
High
100.26 100.26
100.26
,
Interest
Week Ended Feb. 26
*108.10108;12
—
,
New York Stock Exchange
Range Since
January 1
105.24 105.24
J-D
1946-1956
Treasury '3%
.—1943-1947
Tret (-jry; 3y4S—--1943*?1945
Trea nry 3'As—
1944-1940
Treasury 3%s...__.————1946-1949
Treasury 3 '/as—
-.1949-1952
Treasury^ 3s
1946-1948
Treasury. 3s._.—
,-1951-1955
Treasury 2%s—.-----;——1955-1960
Treasury 2%s--—-----.-1945-1947
Treasury 2%s
——1948-1951
"
Sold
113,26 113.26
113.26
A-O
3%s-.
Bonds
Friday's
or
Sale Price Bid & Asked
Period
Treasury 4 %s___.__._.——1947-1952
Treasury 4s_
-1944-1954
Treasury
Last
Interest
26
,.
BONDS.
Week's Range
Friday
BONDS
0. S.
Cash and deferred delivery, sales are disregarded In the week's range, unless they are the only transactions of.
week in which they occur. No account is taken of such sales in computing the range for the year, ;
the month, when the bonds mature.
headed "Interest Period" indicate in each case
vNew York Stock Exchange
Week Ended Feb.
<
YEARLY
-
regular weekly range are shown in a footnote in the
The italic letters in the column
"
WEEKLY
-
bonds.
interest"—except for Income and defaulted
the week, and when outside of the
■
Monday, Match 1, 1943
:
85%
69
85%
68%
69
15
64
69%
M-N
65
65
3
61%
65
J-D
61%
62%
5
60
62%
69
69%
33
66
70
J-J
*54
58
52%
F-A
*10
16
12
58
12
*10
16
11
13%
F-A
F-A
•
»«•
Volume
ft* Hrtili,k..M/ii'.<
wir.'mwowrtwwwrtuwwivw'-WW..if
Stock
Interest
Exchange
26
Week Ended Feb.
^
,
,
>
Last
Low
Low
ft
10-year deb 4Vis stamped
Gt Southern 1st cons A
,M-s
Alabama
if.iiJj'Jl943
mtge 3,/as_»_.:1972
1st
Power
F-A
104%
^
iO
J-J
1083/4
'
'.-v,
\;A-O
v
3 %s
assented—,
5s
5s
modified—
5s w w
„„1950
M-N
Carriers &
Alleghany & West 1st gtd 4s
Corp
110
A-O
A-0
103
103%
13
101%
101
101'A
17
98
105
'
gold 4s
ARef &
62
94%
90%
95%
70
81%
gen
&
■
225
102
72
■,
k*
--
26
•60%
72
39
38%
39%
26'
30%
40%
74
71%
74%
427;
68%
74 Vi
29
27
29%
A-O
10
8
A-O
5s series C
V 40
J-D
68
122
53%
68
68
1
62
68
F-A
105% 105%
•
.
;
,?:i
5s
registered
A General
1952
Foreign Pow deb 5s———2030
Af-S
Mfg conv 4s
Allis-Chalmers
Am
&
G Chem
Amer I
Am
Internat
Corp
5'/2S
conv
American Telephone 6c
105%
Central
108%
Central Pacific
N
Y
3%s__
Power
debentures
3s
debentures
conv
Tobacco
105%
55
108% 109
'M-S
,
:—1962
3s—-
104
;v
105%
110%
110 Vi 111%
102%
102% 103-
M-N
100
100
-
107%
107 '/a
Wks & Elec 6s series A—1975
.
••
111%
100%
103%
98%
92
73%
.
23%
251/4
368
18 %
26
22
23%
377
16%
23%
22%
21%
22%
92
16%
2 4'/a
Jan
Anglo-Chilean Nitrate deb—_—1967
tAnn Arbor 1st gold 4s.,
1—1995
Ark & Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del) 4s Bl——_—1955
1st sink fund 4s series
Atchison Topeka &
(Del)-1957
C
60%
59%
60 Vb U
Q-J
A
68 Vi
66
68 Vi
A-0
'109% 110%
:F-A
105%
105
J-J
105%
105% 105%
1995
A-0
Adjustment gold 4s_„
1995
1995"
—1955
116
1955
1958
J-J
Trans-Con Short L
1st 4s—
ref 4V2s A—A—1962
113% 114
105%
J-J
103%
&
N
coll
gold 4s
88
90
J-D
112
■'?
114
35%
4s
;
Atl Gulf & W I SS coll tr 5s
1948
J-J
1959
J-J
deb 3s__—
1953
M-S
Second
mortgage
Atlantic Refining
74
92%
99%
102%
66%
202 *
63
297
741/a
32%
30%
13
3
101%
105
:■
.
29%
131
132
102%
105%
11
102
105%
J-J
1989
J-J
1989
gold 4sj.
709
59%
1
Ref & gen
Dec
Ref
&
due
1946)
69%
402
60 Vi
ser A
ser C
1 1946)
1995
J-D
1995
J-D
41%
>ft
73
1971
F-A
80
78 Vi
80
367
73%
80
J-J
38%
36%
38 %
272
32
38%
Chicago & Erie 1st gold 5s—
1997
1982
1
118
Chicago Gt West 1st 4s series A
AGen inc mtge 4Vis
173
66
ref
&
series
5s
AGen
mtge
A
111 RR—
'
(conv)
inc
D (int at 1% to
due
2000
F (int at 1% to
1996
Sep 1 1946) due
AConv due
Feb 1 1960
Vv 451/3
Ref & gen ser
Sep 1 1946)
41 %
M-S
/';
.
37%
41%
671
45%
375
Z /;
32%
37%
J-J
.*
1.1947
1947
1966
A 1st & gen 6s series B
May 1966
Chicago Ind & Sou 50-year 4s——1956
^Chicago Milwaukee & St Paul—
AGen 4s series A
May 11989
J-J
'
ARefunding gold 5s series B
ARefunding 4s serifes C—
M-N
8%
J-J
9 'A
:
Ref
S'west
to
gold 4s extended to
1951
Div 1st M (int at 3%%
1 1947) due
1950
Jan
&
5s series A
gen
1959
Toledo Cin Div ref 4s A
A Mtge
527
41%
41%
3%s
37%
41%
738
327/a
41%
30%
1,005
24'/4
30%
V
J-J
4s
RR—
1951
1951
stamped
1st gtd 3s—1989
Beech Creek extl 1st gold 3'/is
1951
Bell Telep of Pa 5s series B
1948
1st & ref 5s series C
1960
Beneficial Indus Loan 2'As
1950
2%s debentures—:
-1956
Beth Steel 3Vis conv debs
1952
Consol mtge 3'As series F
1959
'Consol mtge 3s series G————I960
Consol mtge 3'As series H
1965
Battle Creek & Sturgis
55%
47
50%
54%
49%
;'•£
59%
50%
54%
-
410
51%
59%
761
40%
50%
46
5 4'A
410
/;
25%
L 1st 4s
lien &
1947
ref 6s series A
JDebenture gold 5s_„
-1950
"1st lien & ref 5s series B—
-1957
Buflalo Gen Elec 4Vis B—
1981
Buffalo Niag Elec 3Vis series C—1967
Buffalo Rochester & Pgh Ry—
Stamped
modified
(interest at
3% to 1946) due—.
1957
JBurlington Cedar Rap & Nor—
§ A 1st & coll 5s.—
1934
ACertificates of deposit—
Bush Terminal 1st 4s_
—1952
Consolidated 5s
1955
Bush Term Bldgs 5s gtd—
—1960
103%
129%
99%
5
99%
-
99%
104%
F-A
101
r-A
98'%
M-N
*75
F-A
100%
102%
102%
>
77
30%
39%
10
88
23%
8
108%
1968
Guaranteed
Vi
Guaranteed
Guaranteed
Guaranteed
99
314
110%
575
A-O
16%
15%
'"
^5%
42%
17%
322
11%
14%
16 'A
156
11
16%
83%
83%
8
81,
83%
58
66
77
82
J-J
65%
64%
66
53
A-O
82
81
82
21
Memphis Div 1st gold 4s—
1951
Southeastern 1st 5s_„1960
Guaranteed
Guaranteed
guaranteed 15s
ACertificates of deposit
Chicago Union Station—
1st mtge 3%s series E
17%
1st
8
108%
deb
Debenture
1st
Cin
Union Term
1st
mtge gtd
1st
■
Ref & impt
41
6%
17
46%
48%
—
—
v:
478
33%
41%
10
35
40
1,316
19
23%
544
20%
26
8%
494
4'A
76%
5
*60%
58
J-D
55%
>•'
^
58
;
69%
.s
ft''
'
—
69'%
52%
J-D
M-S
55
*42'/8
99
99
J-J
'-•y
51
,' —
V
94
52
r
39
'
102
-94%
:'
100%
47
63
39
r
•
..>"43
'•
99%
•97
48
28%
16
•
••
109%
100
«:
•
43
40%
.
—
107%
-'.ft 43
.
,
1
55
-
—
.
.•
;
v
58
70
62%
A: 49
53
•//
'39%
'38
38%
53%
8
42
<:
99%
49%
49%
A-O
76%
4."
3
■
:-
-
100'/a 100'%-
100%
M-S
8%
70
'
67
39
'
•-
108% 109
'^•^f
6
109%
108%
'
—
*111%
—
'
'
—
—
109
109
F-A
111
111
111
J-D
J-D
'
109
—1969
•'
--
1
Cleveland
&
'
••
109
109%
15
110
111
C
3%s
71
85 %
85%
330
46%
54%
46
51
*82%
54%
52
54%
J-J
50%
50
51
70
70%
28
107% 107%
tV 7
1990
M-N
J-J
M-N
'105
F-A
'105%
1961
A-0
74%
—1072
A-O
79
A-O
71%
/ft 26
65
77
70%
'106
F-A
1973
;—1977
gtd
General 4%s series A
ref
Short
Union
f
"58
J-J
1977
1981
3%s gtd_.
D
s
76%
106%
108'/4
Pittsburgh RR—
Series
&
76 %
1948
1950
3s
Series
Gen
!
1970
coll tr gold 4s
1st
Cleveland Elec Ilium
76%
1977
1st 4s
5s
series B_
4 Vis
Line
1st
gtd 4Vis
gtd 5Vis
Term
B
series
gtd
4Vis series C
Ry 1st gtd 4s
Colo Fuel &
5s
Iron
inc
115%
Debenture
114%
1945
mtge——1970
Debenture 5s
F-A'
111%
111% 112
7
111'A
112%
M-S
110%
110% 110%
22
110 Vi
111%
Columbus & Sou
Ohio El
J-J
113 Vi
113% 113%
38
112
113%
Columbus & Tol
1st
45
71%
23
100%
102'A
104% 104%
105
78
J-J
10
104%
1954
J-D
99'A
99
99'A
34
95%
99%
1960
J-J
93%
93
94
16
91
94
26%
4
1991
4Vis series E
113%
796.
26%
23
48
—1993
113%
page
46%
.
——1993
gold 4s
i General 5s series B
5
see
22%
1,541
6%
M-N
(33/8S series E
General
4
footnotes
26%
156
/
Cleve Cin Chic & St Louis Ry—
113% 113%
1944
For
48
J-D
J-D
113%
;
U:
F-A
115%
4Vis_
4%
6 Vi
J-J
1967
gtd 3%s D—1971
—
113%
5s
M-N
1966
Gas & Elec 3%s—
mtge 3%s
17
trust
46
125
26
26
1952
t A Choctaw Ok & Gulf cons 5s
Cincinnati
114% 114%
gold
25
25
A-O
114%
1946
Collateral
25%
25%
M-N
A-0
104%
38
39%
23 '/a
t
J-J
A-0
__
'105
74%
75
71
75
78
79
31
75%
79
70
:
71%
108
64%
71%
64%
108
59%
64%
1
103%
103%
63%
64%
J-D
103%
A-O
109
85%
103% 103%
85 %
9
85%
6
80
857/B
85%
4Vis—
trust
J-D
J-D
>1957
:
109
equipment trust ctfsi
trust
1943
5s__
113
101 % 101%
39
39%
82
46
26%
—
1962
5s_
108'/a
101 Vi
38%
33%
34
33%
35%
43%
25%
•>-'•
•
1st & ref 4%s series D
111%
78
38%
34%
132
46
26%
101 % 102
14
"78
,
M-N
M-N
101%
16
J-J
39
36
J-D
F-A
34%
33%
200
%
J-J
50
115
79
109%
M-S
Coll
39
1963
85%
77'/a
39
38
mtge 3Vis series F_—_——1963
com 4s
—1952
108 % 108%
deb stk perpetual
38%
37%
39%
;
112'/a 112'%
1946
38%
38%
M-N
M-N
M-N
u.
108%
Pac. Ry 4%
Coll
5s
109
30%
32
'v
112%
Ry deb 6 Vis
199
108% 109%;.
J-J
115
50
38%
108%
J-J
84%
34%
37%
.
J-J
1957
Canadian Northern
Can
Dec 11960
Income
gold 5s—
July 1969
gold 5s
Oct: 1969
gold 5s„
-1970
gold 4%s.
1955
gold 4 Vis———;
1956
gold 4Vis
1951
F-A
34%
38
M-N
64
36%
1951
3%s
Gold
Chic T H &
St L Div
42%
36 %
35%
J-D
102
115%
67/tf
32%
36%
M-N
75%
90%
20
4'%
75%
105%
15
•
18%
2,450
7%
105'%
83%
1,985
6%
8%
32
104%
;;>s 38%
J-D
48%
45'A
22%
'
M-N
109%
104%
42%
85%
6
6%
■:
I960
1951
gold 4%s
Childs Co
1
101% 102
109
21
23%
A-O
.
11
89
M-N
A-0
F-A
26
1st s f
gtd 5s A—1962
45
68,-/.
24%
Coal River
cons
155
49
25%
1st
Canada Southern
48%
48
y,
M-S
Cleve
Canadian National gold 4Vis
47%
49
1952
Cleve
California-Oregon Power 4s
487/8
J-J
§ ASecured 4 Vis series A
46
58
110%
109
44'A
J-J
23%
Cin Wab & M Div
A-O
•;, 40'%
•
40
.
J-D
16%
14
310
•—»•.
Chic & West Indiana
89
114% 114%
A-O
43%-
338
,
41% :
94%
73%% 77
105% 105'%
101'%
AL
48%
44%
22%
80
103
30%
M-N
F-A
:
9%
77%
66%
47%
39
102%
221
—
104% 104%"
M-N
48
9
6%
48%
44% 0 y 44%'
'
"
46
*89
89
46
6%
J-J
J-J
80
75%
108% 109
104%
78
92%
F-A
J-D
28
40
104%
78%
M-N
M-N
77%
23%
101%
4
__
45
v
75
31%
29'%
,
44.
A-O
105
105%
*95'%
'■
9%
47%
J-J
8
- *
1934
103%
78%
45%
25
213
1988
99%
103%
103%
9
101 %<
M-S
77
31'A
76
9
AConv
100
23
104% 104%
A-O
stpd
^1927
5s
Chicago St L & New Orleans 5s
10
104% 105%
M-N
30%
31V4
'
"
J-J
J-J
32%
73%
38%
8
of deposit
gold 4s
130%
104%
-104%
1st
Railways
part paid—_—
5 ARefunding
104'%
1
*99%
A-0
'*102%
Bklyn Edtson cons M 3Vis.:
1st
99%
'*102
1955
—1966
Bklyn Union El 1st gold 5s———1950
Bklyn Union Gus 1st cons gold 5s_I945
t A Boston & N Y Air
129 Vi
J-D
A-0
32
129%
103% 103%
129%
2
JACliic R I & Pac Ry gen 4s
87%
•
A-0
79
34
77%"';
M-N
registered
ACertificates
82 3i
F-A
1960
July 1970
AInc mtge
•
*89
J-D
1961
gold 4%s series JJ—_
mtge 4s series RR—
4Vis ser A—
1st
A-O
J-J
31%
42
31%
'
•
M-N
*44
ft--1944
1st 5s A C
1967
M 5s series II
————1955
Boston & Maine
1st
66"
1987
1987
•
59%'" 66%
60%;/ 66
66 Vi
65%
J-D
—_1950
Big Sandy 1st mtge 4s
Blaw Knox 1st mtge 3Vis.;
1st
66
J-J
-
ft,
J-J
-1987
4s
|§AChicago
J-J
-
'
.1987
;'
AStpd 4s n p Fed inc tax
1987
AGen 4%s stpd Fed inc tax
1987
AGen 5s stpd Fed inc tax
1987
A4 %s stamped—
1987
§ASecured 6'/2S
1936
A 1st & ref gold 5s
May 1 2037
A 1st & ref 4%s stpd
May 1 2037
A 1st &
ref 4%s C
May 1 2037.
[
AConv 4%s series A
1949
■
<
%
41
29%
••
34
41%
:
'
•,
registered
AGeneral
4s
28%
1975
Jan 1 2000
gold 5s series A
adjustment 5s
^Chicago & North Western Ry—
A General gold 3%s
-
Bangor & Aroostook
Con ref 4s
gold 3Vis series B—May 11989
4%s series C
May 1 1989
4%s series E
May 11989
4%s series F
May 11989
73%
J-J
JCliic Milw St Paul & Pac RR—
*
58%
M-N
J-J
73
J-J
A 1st
121
68
J-J
45%
41%
'...
121
>:
1988
2038
41%
,35%
32%
./;
30%
M-S
F-A
121
{AChic Ind & Louisville ref 6s A__1947
Ref & gen ser
Pgh L E & W Va System—
M-N
697/a^
41%
A;
99 '/a
92%
65
(int at 1%%
due
100%
81
(int at 1% to
due—
1946)
1
gen
to Dec
V; 68%
97%
96%
.97%
216
AConv
July 1948
94%
40
100
1,167
68%
65%
97
99% 100%
*-„
73
to
A-0
98%
92%
.
Oct
92%
70%
Ohio RR—
68%
20%
20
r
91%
1st
106
64%
:
15%
72%
AGen
68
*__
539
92
AGen
A-O
119%
*115% 118 Vi
M-S
AGen
July 1948
J-J
.118%
F-A
B
Stamped modified bonds—
1st mtge gold
(int at 4%
119% 119 Vi
1958
:
-
V 1st mtge gold 4s
119%
„
1977
4s
1st & ref 4Vis series B
AGen
Baltimore &
*106%
1949
registered
General
101%
105
23
105
10
38
105% 105%
100%
31
100%
ft",
131% 131%
104% 105 %
j-J
4s
35%
30
131%
105
F-A
1946
gold 4s_
cons
M-S
M-N
1996
98
80%
100
.
1st
83
1996 "
—1992
impt mtge 3Vis D_,
impt M 3%s series E
Div
92
83
j;.:
.
97%
66%
80%
35'%
65%
•
97%
90%
"
234
•
99%
J-J
103%
87%
18
90
'
■
M-S
i.Illinois division 3Vi?-—:—1949
3Vis registered—,.
—
1949
Illinois Division 4s
1949
103%
101% 101%
30%
,105
99 Va
1948
20%
109%
102%
34
80%
M-N
J-J
96 %
5%s A
Prod
19%
112%
111%
78%
'
:
'66
1952
1948
.—Oct
86
20%
'
L
8 3'A
Chicago & Eastern
21
.'. 103% 103%
Atlantic & Danville Ry 1st 4s
4
A-0
106%
109%
30-year 5s series B———1944
1st cons 4s_—July 1952
General unified 4 Vis A——1964
M-S
83%
100
17
103% 103%
1st
62
83%
M-N
148
Chicago & Alton RR ref 3s
1949
Chicago Burlington & Quincy RR—
107%
105
*109%
103%
Atlantic Coast
95%
105%
/ v
3
J-D
A—
55%
:
A
97%
5
112% 112%
112%
J-J
1st gold 5s_
A L 1st 4%s
71%
292
2d consol
106
116%
67
1944
Knox & Nor
Atl & Charl
67
62
R & A
111%
;■
53
^
.1946
Atl
83
59%
Ref &
*100
M-S
83
62
Potts Creek Br 1st 4s
Z 96%
116 Vi
107% 107%
J-D
1st &
103%
6 //:.
•
99% 100
J-D
1960
Cal-Ariz
103%
38
-
*107%
J-D
1905
83
Ref &
70
*99%
M-N
gold 4s of 1910
Conv 4s Of
Conv
105%
116
Nov
Stamped 4s—
Conv gold 4s of 1909
'
A-0
f
61
61 /
111
F-A
Chesapeake & Ohio Ry—
General gold 4'/is—
Santa Fe—
General 4s
^
51%
20%
108%
LJ'y
£"
92
.1954
gold 5s
*1960
f ACenlral RR & Bank'g of Ga 5s__1942
*100
Af-S
:
15
50
•
71
Guaranteed
'
100%
6 ft
100
110%
75 "
110%
"l
73%
Through Short L 1st gtd 4s
A
'
Am- Wat
23
90
109
107
555
20
91
108%
52
108 Vi
109
A-O
1956
;
deb
Co
82%
104
13
108% 108%
A-0
1966
Amer
78%
v
1
ft.-.
1
F-A
Certain-teed
J-D
—1961
debentures
201
•
4
Telegraph Co.—
3Vis
81%
104% 105 %
t
gold 4s_1949
9%
42
22
.
.
35
20
1962
1st ref gtd
10
8
1987
registered-
103 VA'
17
104% 104% /
J-J
.—1949
3Vis
...
-81% ^?: 80%
M-N
1949
5'/2s—
conv
108'/4 if.
108ft.
103
6%
*110% 112
'
M-S
433
25%
23%
J-J
>1987
—
6%
i
J-J
J-J
——1987
4s
23%
40
22
A-O
1966
iL-1961
gtd 4s
174
294
9%
40
J-J V/
JACentral of N J gen gold 5s_____1987
107
2
3Vis
29%
10
7%
9%
-
"
Central Illinois Light
JACent New Eng 1st
50
103%
101%
M-N
„1945
1959
5%s series B
48
102%
F-A
^-1959
AChatt Div pur money gold 4s__1951
A Mobile Div 1st gold 5s
1946
96
93%
96
gen
52%
*50%
J-D
Nov 1945
§ A Consol gold 5s
108%
108
4s
-
104
103 %
94%
81% ti
;
101
J-J
ty
95%
67%
9
i.
110
102
65,
68
154
108%
F-A
A Ref
70 Vi
High
62
9
J-D
62
80
*
>72
10.9% 11Q
103 Vi
January 1
Loio
5
1981
68
4-0
67%
103%
"2
94
95%
81 Vi
J-D
,
-1998
4%s debs———1951
Allied Stores Corp
Gen
Cart & Adir 1st, gtd
56
65
96
*941/4
F- A
:
——1950
income—L——————ft.^1950
A 5s
96
M-S
...
1———1944
—««._—____.>j_1949
modified-
5s
. ■
modified™..
..JW-ftV
A-O
1946
registered
Alleghany Corp—
*44'%
:
1965
67%
Corp 3Vis debs
IT.___1962
4Vis w w
_:1947
A Cent Branch U P 1st gold 4s
1948
63%
'
4s__
&. Ohio
Clinch
JCentral of Georgia Ry—
t
A 1st mtge 5s
108% 108%
•:
J-J
No.
Celanese
4
104% 104%
■
1949
Range Since
Sold
High
Celotex Corp deb
102
/*102% •__''
•
w,A-0
1948
warrants
Low
.1
Bonds
Sale Price Bid & Asked
102
48%
10
—''
'
J-D
Albany & Susquehanna RR 3'/as....>1946
with
71%
•103%
3-D
h
•
Week's Range
or Friday's
Last
Period
.
102
56
*102 Va
A-0
6s
*102%
J-D
6s_;___l._1948
Albany Perfor Wrap Pap
54%
„/
—
CV4n."_
.
High
"
—1946
5srrvJ.943
Series B_
4s
cons
56
J-D
;
Coll trust 4s of 1907—_-___»_„>1947
Ala
70%
J-D
ASiamped
—u-/.,.
1953
Express coll tr gold 4sT____l948
'1st
Interest
..
<
Carolina
Adams
'
Friday
Stock Exchange
Week Ended Feb. 26
-
f§ACarolina Central 1st gtd 4s
unstamped—-,__>1953
A
.
January 1
No.
High
<f': !'■:■
a'.-.
793
' New York
ft
.
JAbitibi Power & Paper—
§A5s series
»,ft
FINANCIAL CHRONICLE
Range Since
..
Sold
Companies
and Industrial
Railroad
'
Bonds
Sale Price Bid & Asked
Period
Kit
BONDS
Week's Range
or Friday's
Friday
BONDS
ii i"! •'.U 'ft:»',n Iw"1 rt>• H',« .V,"* Hv '1 -«V,. V-"v£ .'.(- (I«i
YORK BOND RECORD
NEW
New York
.11W-«e'
THE COMMERCIAL &
Number 4155
157
n^iMn-Wt Sif»
A Colo
& South 4 Vis
of
ACertificates
Columbia
G
E
&
ACommercial
Income
deb
5s
—May 1952
Apr 15 1952
5s
Columbus & H V
1980
M-N
—1961
1st
extl gold 4s__1948
:
A-O
J-J
A-0
1970
M-S
extl 4s——1955
93%
V„„
>2;:
F-A
3%s
31%
713
24%
31%
16
25'A
30
97%
55
9 2'A
97%
96%
97 %
12
93
96%
30
96
31%
M-N™
28%
28%
series A
deposit
deb
93%
58
•' *109%
110
•
*112%
93
,
97%—
88
94%
_ft_
108%
__
110
112%
110
112%
Mackay Corp—
w
w
—Apr 1 1969
66%
8
111'A 111%
1
110%
111%
112% 113'A
32
108%
113 Vi
65%
May
54
67
Commonwealth Edison Co—
1st
mtge 3Vis series I
Conv debs 3Vis
*
1968
—,1958
J-D
J-J
113%
THE COMMERCIAL & FINANCIAL XHRONICLL
Stock
Last
Interest
Exchange
Week Ended Feb. 2<»
Low
Pasump
A——.1961
Edison of New York—
.'
.
103
1955
A-0
104
104
17
102%
104'A
A-O
105%
105% 106
80
105%
106%
A-0
108
107% 108
U
106%
108
1946
—«——1948
3'/as debentures—.—,—1956
3%s debentures——
—.-,—-1958
Consolidated Oil conv deb 3%s~—..1951
1 AConsol Ry non-conv deb 4s—1954
A Debenture 4s—'—-—1955
ADebenture 4s———y.—1956
Consolidation Coal s f 5s
——1960
*107% 109
J-J
i
104'A
106% 108
-
J-D
*35'A
35'A
35'A
J-J
*35'A
36
3-3
94%
95
104%
31%
36'A
,J-J
103%
38
104'A 104'A
J-J
——1966
F-A
46%
3-D
4%
Cairo
35'A
94'A
93'A
94 %
J-D
37
35'A
37
29%
31
15
89
91
26'%
27
15
Inland
108'A'
30
95
93
32'A
97%
97%
37
27
31
38 /
30
3-3
>
42.%
3-J
27'A
30
26%
29
33
96%
97%
Iht Telep,gs;Teleg deb gold 4%s
1952
.<
Debentures 5s—,
-—-1955
tAIowa Cent Ry. 1st & ref 4s—1951
lien St
1st
ref 3'As-
s
47%
(
;
..
series B———1978
:F-A
6%
23%
.
5%.
7
5'A
:
6%.
22
62
MS
70%
70'A
2%
2%
—1965
Gen & ret mtge 3'/as series G—1966
Gen & ref 3s series H———1970
Detroit & Mackinac 1st lien gold 4s 1995
ASecond gold 4s———,—1995
Detroit/Term & Tunnel 4%s——1961
Dow Chemical deb 2'As—
-1950
Dul Miss Si Iron Range Ry 3'/as—1962
fgADul Sou Shore & Atl gold 5s—1937
111% 111%
Edison 4s series F
Detroit
M-S
111
105'A 105%
105'A
*45'A
3-D
27%.
28'A
M-N
91%
3%.
7
3%:
..
•
18%
6%
•
Z
104%
106%
85%
103% 103%
10
102 Va
A-0
*107%: 107%
106'A
108
'a!
23
20
Term 1st 4s_———1960
3-3
——1961
'•:
3-3
*146Va
2%s debs_A——.,—*.1950
3-D
*101'A 101 %
Elgin Joliet & East Ry 3%s———.1970
El Paso & .8 W 1st 5s—
,——1965
MS
stamped---————-——-1965
A-0
Erie Railroad
1st
-
149
104
73%'
:
101'A
102'A
74'A
3-3
96'A
58'A
inc 4'As series A—2015
Erie RR extl 1st 4s
-1947
3'As———1971
M-S
95
'
M-N
13
1st
Diy
rntge
Firestone Tire & Rub 3s deb*_;——1961
115
93%
55'A
of
31
■MS
27%
26%
A-0
•
,
Francisco Sugar coll trust 6s-
M-N
:
6%
7
6%
6%
"
MS
3-D
1956
23%
20
■*102%;:"4*81
A*: '■ 5s
24 Va
Wllilv
4%
-4
tSAGa Caro & Nor 1st ext 6$—.
Goodrich
(B
1934
3-J
1st 4%s———1956
F>
25
80%
3-D
.;
37
:i
1063i
98%
99
33
25
87
37
37
1
106% 107
23
Gotham Hosiery deb 5s w w——-1946
MS
100
Grays Point Term 1st gtd 5s——1947
102%
,
IP
84%
■;,D,
98%
100%
89 %
71
86%
90'A
89VA
20
86%
90
99%
101
A
.
'
—
1974
Valley RR-—
-
.■
4
110
General 5 Vis series B————1952
3-J
105% 105%
43
102%
106'A
100
;
; 49
37%
/,; 37%
34%
34
32%
34
A 39%
36'A
39%
M-N
A44'--/:
j
5s
debenture-—— .1951
.1962
Little Miami gen 4s series A—
91
226
83%
91
1946
3-J
101
Gen
mtge 4s series H_1946
3-3
100
Gen
mtge 3%s series I
3-J
Long Island unified 4s_——i——. .1949
.1949
Guaranteed ref gold 4s—_«—
.1949
4s
stampede—
-194'4
Lorillard (P) Co deb 7s—
J5f-S
88%
Gulf Mob & Nor
1st 5'As B—1950
A-0
66
99 Va. 101'A
100'A
58
99
82%
157
*94
100%
65
95
82%
.1951
debenture—-T————
Louisiana & Ark-1st 5s series A— .1969
5s
66
9
21
31%
36
175
23
35%
55%
44
60
1
16
109
122%
:"*106
M-N
90 »A
,
39%
44
109
122
J -a
9%
34
32%
36
122
A-0
-—1977
70
37 V4
28%
116% 116%
116%
F-A
General 4'As series E
9
29%
31
34
A-O
*57'A
658
•
■
115
5
7
61'A
116%
105% 107 »A
109
109%
121%
122%
106
■
106
:
Long Dock < Co 3 % s ext; to—— .1950
9%
60
546
106'A 106%
98%
Feb
68'A
48%
58%
J-3
91%.
Feb
66%
.52%
■
39VA
36
registered——-——'——; J2003,
92%
;
71
■
83%
ctfs B_—-
'
87
71%
44
258
60
24
Bay & West deb ctfs A——
vie:
'V1
48%
23
Debentures
69
67'A
58
91%
a
86
->71%
46
98'A
A Green
89%
60
89%
75%
87
.v" V-J-'" •V
3-J
98
81'A
96
74
*66%
*66%
98'A
100
94%
48
>90'A
%
1
71%
M-N
ext
82%
81 %
F-A
3-3
82%
■
63
75
—
71%
F-A
3-3
-1967
89
;i
78
5
■
M-N
5s
100% 101 Vb
82
23
'
*87
C——197?
mtge 4s series G—
?6;;:y;;>-:
*70
General 4'As series D————-1976
General
87%
80
;.*84%.—'; ■•
A-O
99%
96
*88%
-.
gtd——1 .1965
Libby McNeil. & Libby 4s——— .1955
Liggett & Myers T.obacco 7s—~— .1944
109
'
83%
52
82%
81
.2003
modified——
Lex & East 1st 50-yr 5s
1
y*-:3'V.V'
"A
registered—- _2003
'As-, stamped modified———; _2003
stamped
;Av 5s'stamped: modified—-—ii---': .2003"
*94%
General 5s series
:
F-A
37
24
!
59'A
59
5s
Lehigh
107'%
100
-
81 VA
"PP
A-O
109% no
A 45 "v
80
80%
F-A.
.1951
3-3
-
82
►100
Leh Val Term Ry
30
87%'
;
82
59'A
'
•
2S
106%
87
*
yy: 82 VA
J-3
J-3
19
-
/
99%100%
100%
•'
'
Dec
1
—
99'A
3-D
105%
2 %'■
98% '
98,
•
Northern 4'As series A—1961
Great
i%
88
3-J
-
-1954
llliJU St'72s».' ttCAlfyO
stamped-'*———^—1974
Leh Val Harbor Term gtd 5s—----1954
Lehigh Vajley N.Y 4%s ext——1950
7V4
.102%
23
-i9J% V
3-3
102%
y
87%
J-D
stamped—1964
'4'As
;3-J
10""
2V'2 '?•'
108%
101'A
..
98%
J-D
1st & ref sink lund 5s
7Va
,:
1949
Oct 11945
5
88%
M-S
3-D
5s—1949
Steel^Castings 5%s—
tAGeofgia. & Ala Ry 5s
107'A
:>
105%
88%
A-O
4s
Gen
106 V«
107
ii '
F-A
-1945
4s
Gas & Elec of Berg Co cons
86%
F-A
1st & ref sink-.fund 5s—.———1964
4'A
82%
;
50
85
>
Ai
2'A'
'
'
8
46
:
::/;;'A102'>'.'102 VAf'A;
f:. A-o
'■
6%
111%
'
105
-
108% 108 VA
5sstainped_-_ii—..—1954
.19%
20
M-N
108%
MS
-1965
83
/
(Proof of claim)-———1982.
A Certificates
of deposit
Food Machinery Corp 3s debs——1956
8A2-4s
..J
66
75%
110%
111%
"
•
106 '/4 106%
*107
MS
Lehigh Valley Coal Co-—
i
,1 5s' stamped^i—:
——1944
1st Si ref sink lund 5s--—1954
101%
76'a
deposit—
tFonda Johns & Glover RR—
'■
109
*170'A
*
Lehigh St New Eiig RR 4s A—
99%
99
■;
453
28%
Ky. 23
•"
50
88
^93 VA'-iy'>;"
'■
18
110%.
3-J
—1954' A:.
VUiff)
99
83 T
69%
*85%
,
3-3
-1975:
58%
"
82
217
v-t:-"'- *82
-1997
registered-—
96%
215
101%
101
75'A A
Lautaro Nitrate Co Ltd-:
*7.9
83
62'A
110
"
■;
11997
•3%s
.;
V
—
"
3-D
"
Certificates
101
M-N
58
Lake Erie & Western RR-^
74%
96 VA
*100
.3-3
tAFla Central & Peninsular 5s_—1943
tFlor.da East Coast 1st 4'As
-1959
A 1st & ref 5s series A
—1974
A
•
75%
66
"50
Lehigh Si N Y 1st. gtd gold 4s
Ohio
77
64%
333
-".'A.*113
3-J
5.%s series D_. ._—1960
Coll St) rfcf
104
64
'65y:;; 72
:
—
88
61
>
'
..1947
58'A
57'A
*106'A
75%
J-J
.4 'As :
149
100%
*70%;'
3-3
B--——*-—1995
rnige
N Y
*103
74%
A-O
>.;
J-3
Laclede Gas Light extd 5s——1945
Coll & ref 5 %s series C——1953
108
Co—
M 4s series
cons
AGen
■
—
>
86
61%
24
73'A
66
110
2
75 »A
74
J-3
:
A
'
'74%'" 77.
.
J-3
.
103-105%
1st cons gold 5$——1995
A~-0
unguaranteed-.;—Ai-A——1961
Kings County El L &. P 6s—
1997
Kings Co Lighting 1st 5s.
—i.—1954
,*• 1st rS re'f .-6%s——A-1954'
Koppers Co^ Ist mtge 3 'As.——1-1961
Kresge Foundation 3% notes——1950
{AKreuger & Toll'5s ctfs——'—1959
27%
107
—
Eleo Auto-Lite
88
>-V,
109% 110%
105'A 305%
Ed El 111 <NY)
88
J-J
,
103'A
*107'A
96%
-
>Plain.
92%
A-0
52%
94
75 "4
•
lli'/a
111
26
M-N
46'%
29
Kentucky Central gold 4s_——1987
Kentucky, Si. Ind "ferm 4%s——1961
f. Stamped. -——A—-———1961
V
M-S
East Ry Minn Nor Dlv 1st 4s
1948
East Tenn Va & Ga Div 1st 5s——1956
5s
9
91%
111'A 112'AS
92'A
110'A 110%
3%
55
1st 3s—1950
1
Apr 1950
23%
6%
Of deposit
Kansas City Southern Ry
Ref & impt 5S_"
—-
32
110 'A
71%
.
52%
76
43%
3-3
1%
A,:
88
26
27
68%
66%
y
57
95%
A-0
40
27
111
2%
K
&
A Certificates
51
3-J
71
94%
99%
63'%
50%
*§ AK C Ft S & M. Ry ref gold 4s-1936
48
.
136
94'%
27%
22
02
95%
1
'.
51%
22'A
"3
48%,
104%
104% 106%:
95%
A-O
5.
3-D
3'/aS„——1965
1st M
/
103
3-D
Mich 1st gtd gold 4s—1990
89
111
3-D
.
Duquesne Light
B'/a
38%,
.
>7
.68
..
12%
J-3
Kanawha
*92
A-0
r
7
V
94%
94%
27
19
9
3-3
124
.48.'%
*99% 100'%
F-A
108'A
Kansas City
jADes M St. Ft Dodge 4s ctfs—-11935
$ADes Plains Val 1st gtd 4'/3s—1947
-
104'%
67'%
107
177
23%
31%,
67%
21%
869
23'%
MS
v
Laiighlin Steel 3'A-1961
Jones &
,,
104
78
.
96
104
,
F-A
91
,.
31%
31%.
106% 106%
380
26'A .27%
7
A-0
■
ARef & impt 5s
27%
F-A
27
23%
108%
106
■;V~ 6
25'A
,177
107
105
.V-f;
26%
3-3
1955
tADenv & R G W gen 5s——Aug
AAssented (subject to plan)
—
56%
/i
104
*106'/a
3-3
105%
31%
3-3
,
James Fmnkl & Clear 1st-4s^--—_l959 /
62
104
3-3
10
761
106%
-A-'.'
*105% 106
3-3
.
fSADen & R G 1st cons gold 4s—1936
KAConsol gold 4'/aS——————1936
.
60%
3-3
4'As——1969
mortgage
*101 V'2
61%
M-N
—
1st
106 %
3-D
Dayton
33
6%
46'A
,
104 '
•
3-3
1st mtge 3s_———1970
Uiiion Ry 3'As series. B—1965
1st & ref 4s___ 1943
Delaware Power & Light 1st 4%s—1971
1st & ref 4'As—
1969
Dayton P & L
104
24%
30%
.
M-N
/
—1947
102'%
681
30%
31%
,•
101%. 102
.
.12%.
10%
MS
Int Rys Cent Anief 1st 5s 3—1972
1
.
A-O
Ref sink, fund, 6s series A—-1955-
.
,
105'%
228
12%
3-J
;
'j
'
.
1
:
33
31
31%
A-O
Internal. JHydro El deb 6si„—_A—1944
Internal paper 5s;;series A &, 3—1947
33%.
38
AAdjustment
27%;
108%
104%
103'%
*103
32%
.
89%.
24%
32
101% 101%
A-O
6s series A---July 1952
A 1st. 5s, series', B—"_4—, 1956
A 1st.gold 5s series:C—
-1956
/
,
41
29
104% 105
3-J
V
82
108'A
*108%
A-0
fAInteivGreat .Nor ,ist ;6s series A-1952
30
29
■
A-O
Inspiration; Cons; Copper- 4s—1952
Interlake, Iron conv" deb 4s—1947
15
*39
1961
no
7
33%
3-D
Steel. 1st mtge 3s series F
»
MS
,
D
Delaware & Hudson
54%
69
88
•
-1956 ,v
3'As .series B———1986
101%
41
97%
48%
62%,
,
18
27
36
42%
*39
A-0
9.
:
.■
69
89
Union <Ry
108 'A
'■
36
3-D
receipts———
extended to
1946
receipts———————Curtis Publishing Co 3s deb——1955 <
67'A
.
50
3-J
107%
8
31
series B
95
69
101
3-D
ADeposit
F-A
:
54
*79
/
48%
Va i
3-J
16
ADeposit
•54
54
J.3
1st gold 4s_——1950
10
A 6s
47
52%
109'A
extended to—1946
30
47
108'A
series A
49%
47%.
108"
A7'/as
48%
43 Va
109
41%
49%
278
110% 111%
*101% 101'A
32%
3-J
3-J
518
15
42'/a
42
,
47
111'A 111%
:33%
64
52
70.
52%
M-N
3-3
58
48%
49%
1st
—
70
9
45%
70.
44%
Ind 111 & Iowa
receipts--—
63%
60%. 64
48%
47
fAInd &.Louisville ,;lst gtd 4s_
Deposit
i
64
F-A
J-3
.3-3
52%
Ind
A
85%
3-D
109%,
—1950
Crucible Steel 3%s s f debs—-1955
8ACuba Northern Ry 1st 5%s——1942
A Deposit
receipts—-*———
ACuba RR 1st 5S gold
—1952
61%'
467/#
3-D
110%
Crane Co 3'As s f debs
56%
42%
85
1st ref 5s series A—---1963
108'A
109
.\y ,i
1st Si ref 4'As series CI—w—1963
109%
A-0
424
85%
Joint
1
M-N
46%
111 Cent and" Chic St L & N O—
10
M-N
61%
45%
96
110% 110%
——-_-1969
59%.
85'A
35'A
109% 109 %
mtge 3'As—-
High
35'A
M-N
1st
64
».
33
M-N
1st
Low
•No,
92
Power Co—
-3'As———-,—>—1965
——1967
mtge 3%s———1970
mtge3'As.,—«-—
-1966
Range Since
January 1.
Sold
High
32
11
1st mtge, 3%s_—
mtge
Low
-
Bridge gold 4s:
1950
Litchfield Div .1st gold 3s—
—1951
Louisville: Div $1 gTerm gold _3 yas_1953
: Omaha Div 1st gold 3s
1951
St. Louis JDlv &.Term gold 3s—1951
jGold;a%.S--——
—1951
Springfield Div. 1st gold 3 'As_,
1951
{' Western Lines „Ist gold 4s
,—1951
-
■
debentures
'
61 Va
/
>
debentures——:
Bonds
orFriday's
Sale Price Bid & Asked
M-N
40-year
110'A 111
Week's Range
Last
Period i
Illinois Central RR—(Continued)
Refunding, 5s—
3'As
1st
Interest
,
.
.
100%
3%s
Consumers
m
.
.
■
108
108
109
Exchange
Week Ended: Feb, 26
'
High
108
11034-110%
110%
'
r'-y
•
.
100%
■:
-
*108
F-A
Low
No,
—
*112
—.
J-J
%s—~.--:-1951.
Stamped gtd 4
Conn River Power s f 3%a
Consolidated
J-J
.
January 1
Friday
New York .Stock
Range Since
*
Sold
High
*100
A-0
Riv 1st «s
—1943
Conn Ry it L 1st & rel 4%s„—.,—1951
&
Conn
Bonds
orFriday's
Sale Price Bid & Asked
Period;
BONDS
Week's Range
Friday
BONDS
New York
Monday, March 1, 1943.
Louisville Gas &;Elec 3'As—— -1966
Lou Si Jeff Bridge; Co gtd 4s— -1945
10%
91'A
A-0
91'A
90%
91'A
17
87%
91%
3-3
73%
72%
73%
20
69%
74
AGen mtge inc 5s series A——2015
3-J
59
57%
59
82
54
59%
*104:;
•
104
'
,
99'A
99%
iuuva
20
98 Vs
100%
99% 100%
16
98% 100%
*99'% 100%
lOu
100'A
M-S
M-S
100'A
A-0
109
,
109
110%
104
104
104
.
78%
89%
1
109%
110%
1
; 4
110'A 110%
MS
110
121'A 122
143
89'A
MS
109
'
■
•
—
84'A
89%
32
109%
*121'A
F-A
J-3
104
——
104
104'/a
95
1950
1975
i' ry
•
1st mtge 5s series C
Gulf Mobile & Ohio 4s series B
Gulf
1st
Louisville & Nashville RR—
Si Ship Island RR—
&
ref Term
M 5s stpd——1952
f 4'As.._—1961
Gulf States Util 3'As series D
1969
Gulf States Steel
s
*.95
3-J
—
,
A-0
103% 103%
1
M-N
110% 110%
17
102%
"97%
A-O
,1st & ref 3%s series E»_»_—„— .2003
A-0
110%
Unit mtge 3'As series A ext—- .1950
Unit mtge 4s series B ext—: .196B
1999
1944
A-0
ISAHousatonic Ry cons gold 5s—-1937
Houston Oil 4'As debs
—1954
M-N
Hudson Coal
mtge
1st
s f 5s series A—1962
1st gold 5s——1949
Hudson & Manhattan 1st 5s A
1957
AAdJ income 5s——
—Feb 1957
Hudson
Co Gas
127% 127%
1
127
128
99%
83%
M-N
99'A
1
98%
83%
83%
6
80
■102'A
J-D
42%
M-N
42'A
F-A
53 V*
52%
A-0
25%
25
149
42
-
40%
117%
53'A
120
25%
131
74o
fiJCilCSi
A—1981
gold 3 As-—
.—1951
Extended 1st gold 3'As—]
1951
1st gold 3s
sterlings,
.—1951
Collateral trust gold 4s
—1952
—1952
For footnotes
J-3
see
26
*97%
100'A
104%: 105 %
105%
J-3
109 % 109%
104% 104%
11
.1980
.1945
M-S
4s_—__.
•
.1952
3-J
AtL|Cndx-.& Cinc-. Div .4s——
.1955
M-N
82
J-J
*92'A
A-0
*92'A
—
*44'A
.
Maine Central RR 4s series A—1945
A-0
55%
4s.
page
1953
796.
3-J
M-N
53 %
98
93
-*4
—
55%
182
Gen mtge>-4 'Ass series A——. 1960
(South Lines)
1st
gtd, 3'As
4s——1959
——
s
95%
*110 ;:
J-D
—
•
410
96'A
,
—
.
102
94
109%
;■
'
■
M-N
—
J-3
96'A
110
50%
48*
52
20-
Stamped
'
■
51%
55 VA
.
——I
ii_.
—
A-O
*22
Q-A
McKesson
J-3
,
&
.1956
Robbins-3'As—
'
39
102
-loi'A'
103
101'A
93'A
94
*105%
—
52%
39
*102
*100
;
Q-A
§ AMarket St Ry 7s series A—Apr 1940
(Stamped* mod) ext 5s_'i__—1945
McCrory Stores deb 3'A-——
—1955
89%
50%
49 Va
69
*39
.
'
84%
47'A
:
-"*32% ,--"
.
ZL
A-O
88%
-49%
51V»
52
MS
34
88'A
*
49%
J-D
-M-N
:
-1941
f „6s__—.1947
r6
—
89%
94
105'A
12
106%
1073,-j
112 % 112 %
107'A
105'A
107'/4l07%
A-O
1
111%
1121
a
90 V
a
'
54
,
109 VA
104'A' 105
7 8'A
82'A
'
7
*105 VA 110%
96 V
%
•
,'
Manatl; Sugav 4s sink fund—Feb 11957
A Manila; Elec RR & Lt s f 5s——-1953
western
IQlVz 103
..
105'A
M
43 VA
46% ,,53'A,
19%
25%'
92%
65
96
82'A
97%
108%
5
F-A
104%
103%
13
J-3
104
118
97%
M-S
M-N
-
frust gold
102 % 102%
87'A
•
.—-.1951
1st
Col'eJeral
102 %
91'A
85
23
MS
Marion, Steam Shovel
——
Refunding 4s
J-3
88 Vz
87
l§AManitowoc Green Bay <fc North¬
V'*V'jv
94%
"6
91V'4V
87 »A
.1946
Manila RR
Illinois Central RR—
1st gold 4s
103 Vb
216
90 VA
85
103%
__
41
*41%
'14
95%. 97%
piv 4s,——
St Louis Div 2d gold 3s—v——
Mob St Montg 1st gold 4%s—paducah • &. Mem
*
3-J
Hoe
,
91 %
South Ry joint monon
H
Hocking Valley Ry 1st 4'As—
104tAT04%
104%
A-O
103%
110
A-0
.
(R) Co 1st
,
■, ■ t '1st1 & - ref t"5s' series'
—A— .2003
:" 1st & ref' 4%s: series C-—A— .2003
1st •& 'ref -4s:eeries D—A—— .2003
,
51%
54
47
54
52'A
48%
52 V
a
58
43%
52'A
Merop .Wat;
54%
51%
54%
99
46%
54%
t§ AMet W.Side EMChici
1960
MS
5'As—-1950
A-O
1938
F-A
Metrop Ed 1st 4'As series D
Sew~&- Drain
i,
4s—
*87
,
—
*6'A
96
10
84
6%
6'/a
Volume
157
&
Low
Friday
Stock .Exchange
Ended Feb.
Week
January I
No.
York
New
Range Since
Sag
■
M-N
.".1st
97
63 Vi-
43
12
'
*51
51
*67
73
A-O
J-D
'
40-Vi
■
65
40 ■'
38
40
M-S
___:_1939
tAMilw Spar & N W 1st gtd 4s__-<,1947
fSAMilw & State Line 1st 3%s__.;:_1941
{AMihn & St Louis 5s ctfs_
—1934
A 1st & ref gold 4s—
—1949
'•
A Ref & ext 50-yr 5s series A—1962
AiConsol ext 4'As.:—
65
31%'
31
31%
86
13%
12'A
13%,
53
:
69
N
i
Niag Lack & Ont-Pow 1st 5s A_4._1955
Niagara Share (Md) deb 5 Vis——1950
27% 131%
,
'
.
J-J
»
M-N
,
_
SAlst
M-N
»•"
'•
'•
3%
3'A
Q-F
9
4
22
3
4
M-S
3'A
13%
Vi
2%
gtd as
$ A 1st stamped 5s
A 1st
,7
15
'?
.
2 Vi'
4%
J-J
mtge
AGen
•;
18%
20'A
1,035"
19%
20%
103
16'A
20%
J-J
20'A
19
20'A
1130
15%
J-J
6%
6%
44
4%
6%
M-S
3'A
series R„„„„;,_1978
1st 5s_____1959
3'A
=■
*99
16
20'A
-
3
72
1%
14
.
64%
'103
44%
48
J-D
1st 4s_,_,_i.,_1990
' 3'A
69'A
J-J
Kansas & Texas
A
'6
v
J-J
t AMissouri-Illinois RR
O-A
100
48
Alst
j
46
53 Vi
728
40%
38%
44
277
33
39 Vi
46'A
638
35%
46 'A
24
31
822
19
31
J-J
44
J-J
46 Vi
A-O
31
'
{Missouri Pacific RR Co—
A
.
53'A
15%
13%
15%
M-S
42%
41'A
43%
1978
deposit————
M-N
42%
41%
gold 5Vis
1.
1949
1st & ref gold 5s series H—1980
ACertificates of deposit
—
M-N
1st
5s series G
ref
k
of
A 1st
t§ A Missouri Pacific Ry—
Northern Pacific
of
-
■825
42'
J-D-
105%
M 4 Vis series B
T 3'As
43.
;
Vi
425
& St L 4s
Chatt
Nash
Distillers
50%
"
112
5
3
no
21%
1954
42%
gld 4Vis series B
N J Junction RR gtd 1st 4s
1st
J
N
A 1st
series
5s
series
5s
J-J
5lis
Alst
RR 4s
Central
Y
Cent
Hud
&
54
55 %
58%
J-J
59
56%
59
85
55%
59
7
.'7
.
'
.
Ref-4'/as
1st
•N
mtge
j-j
*7,7
•
J-J
J-J
N
Y
&
,
75
74 *■
7
18
70
75
70%
11
123 %
Y
74
MM;,
5
99%
110%
110
110'%
9
106'A
15
99%
:
99%
94%
99%
108
109%
2
:,
106%
4
110'A
95
7
si'A
Ref
VV;,
8
92%
9
111%
112%
29
110 'A
111%
109
110'A
111%
111% 112
J-D
111'A
111'A 111%
J-D
104 )A
104'A 104'A
1
103%
104 %
103% 103%
1
103
104'A
96%
97'A
9
*96%
97'A
3'As series I
1966
J,——1970'
1938
5
110 »A 110'A
J-D
"
7 J-J
9 b'A
111 1st s
118%
Paducah
124
Panhandle East P L 3s B.
7
110 Vi
M
1st
4
,1960
81%%-
73
8'
10
.7
82
u
'
83'A
I
7
108
.
V; :7;
6s_____„,r—1944
cons 5s_1949
3
'
88%
10
80%
54%'
46
47%
,
56»/4
?■
67'
48 :
'7
52%
57 '
51%
7
63
55
49 '2
54
7 44'A
•••«'
100%
4
57%
7f 52%
56%
54%-
51
56"!'8
117%
103%
34
,
419
'51%:
.
73 %
76%
103%
:
79%
81%
75
75
59
*54'A
Vi "J,
.
62
Gen
series A,
B—
F-A
Vi'
69
F-A
4V2S
General
5s
series
110
7i
76'A
75
75
53
*109
60'A
63
48%
55
'
•'
51
F-A
51
2
i
/
80
81%
69
M-S
67%
—1947
A-O
100%
J-D
"99%
47%
" 1
.
69 %
88
88'A
101%
110% 111%
22
108
111%
94'A
103
89 %
100 % 101
89
96%
101
99% 101
75
95%
101
92%
94
:•
100'A
A-O
100 "2
•J-J
94%
95'A
4-0
Peoria
7
4s_4
93%
95 %
Pekin, Union
&
5'As
1956.
series
General
5s
series
series D_
108
109
Philadelphia
3
109
109%
Phila
'A.—
'
2%s_„,
mtge
J-J
M-S
64%
•" 62 Va
•
112
F-A
*99
M-N
M-N
64%
M-N
1973
70%
J-J V
—1943
117%
'7.1
111% 112
-63'/a
69
,
a
116%
7
101%
102'A
.
118%
"
•
112%
111%
103
103
75
101'A 102%
111%
4
Philip. Morris Ltd deb 3s,—_—:__-1962
110%
H2'
5
102'%
103
36%
37
23%
58
20'A
23%
9%
M-N
100
102%
96
11
m
22'A
9%
9%
78
8%
.'mm
■'
v.
M-S
deb 6s
114
110
23'A
J-J
1949
AConv
^
•
—
'
112
64%
55^8
'22
70%
64%
.tiAPhilippine Ry
70'A
60
'm—.
105
105
5
5
1
10 Va
105 V4
105
3
5
t
J-J
1937,
1st s f 4s
120
111
108%
10
114
101'A
■
—'
Stamped
64
106%
'
{APhila & Read C & I ref 5s._,—1973,
117%
111% 112%
72
104%
'
117%
J-D
79 %
28
111%
,
v
J-D
—.1971.
27
*110
"
I'
72%
150
114
J-D
1967
1st & ref 3'As
ref
72
64
*119'A
*
J-J
1961
coll tr 4'/4S
Co
Electric
Si
8%
..
—.
101% 101%
101%
F-A
,
84
62'A
88 Vi
17
49%
5%
■:
'
105% 108%
105%.
..
M-N
1977
:^1981
C_.
;
_
71
64
J-D
■_
79 %
79
71%
V
M-S
1974,
B__,_,,_
4'As
gold
General 4'As
"..71 "
79'A
J-J
1st
General
44'A
;
>1974
B_,
series
95%
111%
87
8%
*106%
J-J
4s
7%
8%
F-A
Marquette: 1st series A 5s—•—1956.
101'
86 v
Ry
90%
35
49'A
48
49 %
%
94%
111%
328
*111% 7,7
Apr
%—^_Apr l990
*
gold 4'As. series C_
—,1980
Phelps Dodge conv 3'As deb,—,,1952
Phila Bait & Wash 1st gold 4s
1943
101 %
65
21
Eastern
&
Alnconre
102'A
99%
ioi;
47
109'A 109 %
105 'A 106
106
111%
A-O
—,,1960
69 %
100
7
108% 109;
A-O
122
J-D
4s ext,
'
81%
64 %
15
70
119%
A-O
i
9 3'A
88%
7
122
M-S
Peoria
.
110%
110
106
J-D
1947
100%
108%
108
„■
48
122
—,—1952
1st
37
V
67%
103%
101
92%
93
F-A
3%s_____—;
deb
Conv
■>
51
77Vi
342
102%
98%
122
A-O
Peoples Gas L & C ref 5s
!
•
87
99% 100%
102
109
A-O
81'A
100% 100%
88'A
A-O
:
108%
100%
3
109%
59
80
1984
Gen mtge 4%s series E_„,
;
:
81%
69%
37
55
106'A
11
110%
''11-
' 105
102
,,
24
,
110
105%
102%
3
,•
V
104
—
M-
gold 4'As__,_,,,_,.—19fu
General 4'As series D—
1981
!
60%
*100%
M-
Debenture
•
53
55
F-A
'
105
104
1U2 V2 103
102%
301
26.
107% 108'A
V
107%
106%
-
_
*105% 107'A
•
108
F-A
1968
sinking fund 4'As
General
V
%—1970
1960
—1965
series C
3%s
mtge
Cons
'' i
.
67%
2
57%
'.v;:
'
■
105%. 105 'A
•!«.'
F-A
56
52%
-
;
100
47%
465"7
■
*•
M-N
,'!t
56%
99%
1,527"'
763
*103
105'A
A-O
Pennsylvania RR cons gold 4s—,,,1943
<Consot gold 4s___
—
1948
4s sterl stpd dollar,,-—May 11948
,
7;;._
r;;77'
-'v
7 ': 142 7/
56
'■"'
——-—1974
debentures
-
1C5
104
104'A
F-A
J-J
4'As
-
*107y2 1(8
M-N
J-D
7
.,
56
-f
5;;
,V: : '
99% 100
59.
73
I.- "■
———,1963
4s—
*103%
J-D
4'As series B,n,,
—1981
Penna Power & Light 3'ASi——,,1969
t
1st
4Vis series B
74
117%
120 la
*__
103 %
; ■
51
.7:7 47%
58%'7;
55%
81%
•54'A
50
RR
NYLE&WDk& Impt 5s
73%
39
v
;
Pennsylvania Glass Sand 3'As_,„_1960
Pa Ohio & Det 1st & ref 4'A.s A__^1977.
57%
7 £0: ■:
77:; •'■''^•"77
■'
57
Secured
,,• <
E trust ctfs—^,,,1952
4s. series
Gtd
46.
"
77 18
*53
■ ■
;
44%
K-7-"-
56
;v
■
7'
85
-H
54%
55
•51
•
5
76
2000
103%
72 Va
69 'A
M-S
7
Guaranteed 3,%s; trust ctfs D_,_1944
Pennsylvania Co—
88%
41
^■'■72
47
7
*104%
j-j
1949
105
102%
M
:■
107%
107
M-N
gold 5s_„1948
109%
105
73'A
73%
109'A
109
102% 103 '/b
7^^.-.
-'
98
108%
vM«-
105
.
102%
M-S
A-O
Paterson & Passaic G & E
106%
107
6
1
*103% 104'A
F-A
loan' c.tfs—,,1955
Trans, deb
Parmelee
90
''
•'
; * M-N
Pictures 4s debentures_1956
Paramount
-
*110
i.1
J-J
Broadway Corp—
i gold .3s
s
J-D
98'A
95j,4
108% 109
109
A-O
1966
1966
f gold 4'As—^,1955
117%
109%
•
107'A 107%
*53
>7
A-O
95
J-D
3%s series C_—
mtge
Paramount
90
■87'A
58%
77
j-j
109%
100
J-D
& Tel 3%s series B
Pacific Tel
77 %
55%
West 4s series A——1973
Y Lack &
105%
•'•••
.v.:
1961
series H
123%
2'
60%
M965
gold 4s
& Harlem gold 3Vis——
N
103%
109 %
T964
mtge 3%s
ref
§A2d ext gold 5s
60% '
..1966
Purchase money
N
104
gold 5s_,»—1946
Gas & El 4s series G
§A?ac RR of Mo: 1st ext
■
a-o
-1947
Pow
110
102%
118'A
67 Vi
Gas Ei Lt H &
N Y
V'':
,lw
118%
*92
*50
F-A
Erie—See Erie
107
110% 110%
108% 108%
97'A
102'/a
series E
'•
J-J
Otis Steel
F-A
107% 107%
i
52%
A-O
ref 3'As
109%
107
110
\
.11- 7'y
'
gold 4s_^1938
vv-
1950
3'As series D
lien &i
109%
i
,106% 106%
7;
.'..'•MTW
J-J
—1946
104 Va
55%
3 Vis A—1965
notes—;
Y Edison
1st
/'Ml
J-D
RR & Nav con gold 4s —1946
11946*
1st cons gold 5s
103%
* •' 'i
*'
gold 4s_——-A-1951
Dock'1st
Y
109
12
*104%
20
a-o
i
15
106%
109%
M-N
1st 5s__, .—1945
Transmission
103%
55
A-O
1974'
3 Vis extended to__
12
22
*103% 103'A
J-D
:7v. '77^-j' :<"'7
FrA ' \
—A—,-1978
Connecting RR
Y
Conv 5%
N
C
219
'
—
J-D
ref M 3s series K___—___1971
56%
—
.2013
—'2013
debentures.:
6s
N
series
112
f
107% 107%
<
1st &
89
77,L;-.'h;»
A
.
A-O
1998
:
110%
111%
-
'-r'
is' :„:7"
109
.'■
103%
47
F-A
.1998
—1998
A
;
10:) 'A 109%
' '
i'
J-D
Oregon-Wash RR & Nav 4s,—L —1961
1962
1st mtge 4'As ser A
42%
: 38
'
series
*
•'•'lUr-w
101%
York Chicago & St Louis—
5'/2S
109%
/ '.'■«*»•
*100%
:
J-J
Sht.ru Line
Pere
Ref
-
103'A 109
M-S
—1946
debentures,^—
;7.
M-N
14
:•
88'A
..w.;
1997
,.1997
M-S
'
New
:
„
13
15
J-J
ref mtge
74%
7 "'7—
—'U '
1997
registered
-——1997
1998
Lake Shore coll gold 3Vis
—1998
1998
3 Vis registered
1998
1998
Mich Cent coll gold 3'As,__—1998
registered-
45
'
•■7';'
3 Vis
3 '/is
14
109% 110%
ref mtge 3s series
—
3%s
River
58 Va
1st &
46
.1952
——1952
secured 3'As.
Conv
N
56%
.
1st Si
A-O
.1945
—,1945
impt 5s series C—
58'A
73'A
;_7 90
A-O
.1946
10-year 3:)As sec s f__
2013
& impt 4Vis series A—12013
&
69%
112 Va
*110%
J-D
Ref
Ref
66 'A
*101%
Ore
109'A
39
117% 118%
81%
J-J
1935
series A_.
788
105%
e__
■
Y
69 '/a
J-J
1944
Guaranteed stpd cons 5s
112
Newport Si Cincinnati Bridge Co
N
67
106'A
118%'
J-J
—1954
General; gtd 4ViS—
69'A
"
deposit—
of
55
J-J
68%
F-A
deposit—
A—J
series
ACertificates
50%
103%
'
V
114
*111 %
41%
109
73 Va
J-J
deposit
-—:
D———1956
of
55
105%
75
A-O
of
ACertificates
52%
J-J
Oregon
9.0%.
"31%
%
*118% 120%
F-A
series
4%s
Alst
55
103% 104'A
,
A-O
7: A Certificates
•V
40%
6
123%
deposit—.-i—-,—
——1956
of
C
7
M-S
Ontario
106
35%
158
106'A
ilf-N
B—————1954
ACertificates
Alst
44
'
'
''
- 113%
'
7
44
37.
103%
J-D
Vis—1952
New Oil Pub Ser 1st 5s series A„1952
1st & ref 5s series B—
—1955
New Orleans Term 1st gtd 4s
1953
.
44
77%
"
N E 1st ref & imp 4
J SAN O Tex & Mex n-c inc 5s
ACertificates of deposit—
46
Q-A
1st Si
J-J
Orleans Great
Q &
N
75
42
103% 103%
J-J
1st 4 Vis
Nor 5s A_-1—1983
Light
&
Pow
New
81%
69
169
104% 105'A
J-D
—.1945
.—,1945
1952;
—1961
1986
.-I960
Tel Si Tel 5s A
New England
72%
ri-i,
46
F-A
4s
37%
389 v
;
73%
106
105%,
A-O
5s—„>—1948
5s
242
44%
*75'A
—1964
Pacific Coast Co 1st
M-N
cons
81%
79%
'
Ohio Edison 1st mtge 4s_—.
,—1967
7... 1st mtge 4s^——
1972
•,i:: 1st mtge 3%s—
Oklahoma Gas & Elec 3%s,_— —1966
89
38
72'A
M-S
Consol Gas
48
46
—1967
112%
103%
'
305
109 V4 109'A
J-D
{ANcw England RR gtd
AConsol gtd 4s—_—
00
Q-J
—1965
104 "•
111%
A2 '%*• *110'A 116
M-S
3'As sinking fund debentures——1949
National Steel 1st mtge 3s———1965
Newark
48
O
50%
45
161%
41'A
34',4
-
F-A
—1949
tANaugatuek RR 1st gold 4s
5
Q-F
143%
:91'A ' 96'A
>7
38%
37'A
109'A
M-N
1978
series A
3 Vis
Prod
,2.
48
48
42
35%
95%
39%
>.
42%
M-N
M-N
debs———I960
Prod 3'As
Dairy
:7M,: ;",vv
*107
48
1st & ref mtge 3%s.
Pacific
Nat
V
—
*112
Q-J
prior lien 4s——1997
7
N
Nat
103%
*116'A
48
38
105% 106
*90%
95
*•
•
J-D
5s——1947
Mutual Fuel Gas 1st gtd
104%
103
(Wise): 1st mtge 3%s——
Northwestern Teleg 4%s ext,.
(Minn)
9»4
43%
;
36%
111'A 111%
41'A
J-D
■
1955
1955
.—1968
M 5s series A
127'A
103%
8
States' Power Co---
Northern
42'A
5%
3 6'A
v
112
:
J-J
1951- '
gtd 3 Vis—2000
Mountain States T &
43%
103% 103%
F-A
111%
Constr
,■
43%
131
50%
M-S
A-O
5s ext
124%
2
43
36'A
35%
9'A
95%
95%
M-N
debentures---—i—^—f.7-l_i-^1965
Montana Power 1st & ref 3%s_..—1966
Constr
35%
35%
*42
6s
.
15%
-
83
43
41
42%
F-A
A-O
Essex 1st
42 Va
143
41%
--I960
Morris &
2
104 %
'
4s_—1991
;
Montreal Tramways
.
374
'42-'
A-O
Monongahela Ry 3'As series B——1966
Monongahela W Perni Pub Serv—V:
1st mtge 4Vis
126% 127 %
deposit——,,—
t§AOg & L Cham 1st gtd gold 4s,1948
—1943
Ohio Conuectmg Ry 1st 4s
at 4% '——July 1938
7s extended
3rd
75%
36%
104
'
'
A-O
4s: registered————,——1997 •
lien ry & Id gold 3s——Jan 2047
3s registered,—-———u.—2047
Ref & impt 4'As series A,———2047
Ref & impt 6s series B——i
2047
Ref Si impt 5s series C——— 2047 ,
Ref & impt 5s series D——2047
,
«
Moli'k Si Malone 1st gtd gold
73
29%
•
43
8
9%
42'A
deposit———
of
ID
*42
1981
ref 5s series I_
&
ACertificates
38
324
103% 103%
*/•!- '<
«
103%
A-O
guarantee)—,—1945
of
cellation
ACertificates
35%- 43%
1,782:
42'A
41%
deposit---—
of
75%
36%
W ' 44
35%
M-S
ACertificates
?
277
*42
AConv
A
42%
41%
42'A
F-A
,Alst & ref 5s series A
1965
A Certificates of
deposit--—--..-.A General 4s——
—1975
A 1st & ref 5s series P—-_—1977
:A Certificates
75%
M-S
guaranteed gold 5s_,_——1945,
mtge gold 5s (stamped can1
.Alst
48
'
•
M-S
Gen
■v,
104%
{Northern Ohio Ry—
.
100
41'A
,637
& ref 5s—
1974
Gen & ref 4'As series A———,1974
4
53 Vi
adjust
A Cum
111
33%
'' >'
126%
F-A
North Central gen
72 J
J-J
4'AS:series
1978
5s series' A—-Jan 1967
Prior lien
19
110%
102%
a
*29
F-A
;
B'———1962.
40-year 4s series
;v
12%
109
110%
104%
36%
———1954
Debenture 3%s
i
1
Ai.4:,,,-_,,,_1962'
Prior lien 5s series
104
F-A
"
Missoun-Kansas-Texas RR—
111 'A
.>
8'A
8
110'A
20'A
5%S--~.,1949
A 1st & ref 5%s
Mo
20'A
20'A
WA."
A-O
4'As series A--,——1998
mtge 5s conv inc
—2014
RR 5s A.—1961
Norfolk & Western Ry 1st gold. 4s_1996
North A met Co deb 3'As—.—
1949
-1st
3Va
J-J
—1946
ref 6s series A_J
&
A 25-year
533
10'A
88
110%
Norfolk Southern Ry Co—
J-J :
1938
1938
to int__1938
5s___
consol
12'A
13%
85
110
J-J
{Minn St Paul & Sault Ste Marie
stamped
.,
10%
1
*111
_
w-V
.
17
8
110
J, 1
7
34%
T-
87'A
12%
A-O
High
32
'
110 'A 110'A
110'A
:M-s
t§ANorfolk Southern
§ A 1st cons 4s
12%
87 <4
Low
41
17'A
12
M-N
J-J
No.
34%
*10
12%
Range Since
January I
Sold
High
32',a
34%
F-A
-
Bonds
Bid & Asked
F-A
1966.
Falls Power 3%s
Niagara
42'A
J-J
.
1st, 4%S——1946
t§AN Y west & Bost
65
;
38
85
J-D
gold
iA General
108%
106%
1937
1937
*..1940
4%s_—.is——
gold 5s
A Terminal 1st gold 5s,_—-1943
Y1 Telephone 3V4« series B—i
1967
98
WA"
64%
107'A 107%
64 Vi
J- J
M-S
§A2d
-
9 9'A
Friday's
or
Sale Price
High
88.
'97 Vi
Week's Range
Last
Period
t§AN Y Susq & W 1st ref 5s—
*78
M-S
Interest
i;
26
Low
.
3'As,:——1951'
gold 3'As__'
—,
,,1952
Ref & knpt 4'As series C__——1979
Michigan Consol Gas 4s_„__,,,,—1963
HAMidland of N J 1st ext 5s__j__1940';
ij-AMilw & Northern 1st ext 4'As,-!939
Lans
Jack
1
High
Low
Michigan Central—
Bonds
"Sold
Bid & Asked
Sale Price
Period
Feb. 26
Week Ended
Last
Interest
B O N D S
Week's Range
or Friday's.
Friday
BONDS
New York Stock Exchange
j
'& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4155
.
3'A
5'A
104%
109'A
105
105%
''
-
*101%
.
.
ACertificates; of
_,*
deposit—,
l%s
Petrol
Phillips
,
,
4%
.1*3.
.mm'
j-j
debs——1951
108'A 109
109
—
.
150
{N Y New Haven & Hartford RR—
ANon-conv
deb
4s—
deb
3'As.
1947
ANon-conv
deb
3 Vis.
1954
M-S
1947
AN on-con v
'
M-S
'•
36%
36
36%
7 77 25
V
34
.
;,7;
Pittsburgh- Cino Chi & St Louis—
36%
"
-
•
34%
35
34%
.
34%
A-O •
35
17-'
V
55
31%
a
"
ANon-conv
deb
4s—
1955
j-j
ANon-conv
deb
4s
1956
M-N
36'A
35%
36%
35%
3 7'A
'
137,
-.;
35-
31%"
.
35
1956
deb
6s.
j-j
34%
34'/4
35
1948
j-j
42%
41'' '•
42%
1940
AConv
A-O
56
53 'A
.'74
'
56
V
r
36%
Seri fs
F
4s
Series
G
4s
'
31%
25
361
.
35
Series
H
37V4
42%
Series
I
Series
J
M-N
194S
1949
guaranteed gold_„_1953
guaranteed
1957
1957
j-d
12'A
:
10%
39%
M-N
1967
38.%
13
"40 'A
.145
V
3-bti
49%." 56
cons
M-N
■
36%
:
Gen
1st
4s
1954
^—
A
General
4s__
Putnam
1st
—
Y Rys
N
Y
M-S
9%
4%.
9%
293
" 3%
4%
'169
A-O
49V4
45%
49%
63
prior lien 6s stamp—..
Corp 1st 3%s—
Steam
For
footnotes
see
page
183
J-D
cons
796.
*110'A
M-N
1958
J-J
1963
J-J
8%
95
1992
gtd 4s_—1993
N Y Queens El Lt & Pow 3'AS
1965
N
93%
-,.,-l'9'55
IAN Y Ont & West ref gold 4s
N Y &
94'A
JU-N
;
—
' 105% 105%
108% 108'%
--
1
13
90%
..
6%
2
41%
95
Pitts
9%
1st
4%
no
105J4
1st
1st
conv
mtge
4'As A
4'As.
mtge 4%s series B
Pitts &
110%
105%
Steel
Pitts Va
49'A
Si
1
J-J
104%
.
-—
.
119%
119%
119'A
120
105%
109 %
109'A
6
108% 109%
104% 106
32
105
35
100
96%
9
95
106
96%
99
1
98%
100
99
100
96
99
*98'A
J-D
1950
99%
M-N
W Va 1st 4'As series A—,1958
J-D
—1959
1960
A-O
mtge 4'As series Bi
*111%
108% 109'A
„
J-D
1950
Char 1st 4s gtd,,—,,,1943
1st mtge 4'As series C—
106%108Va
J-D
M-S
Iron
:
111
110
*120
1952
&
.
*112% 114
A-O
Pitts Coke
■
■
—
*120
mtge 5s series B-„———1975
4%s series C—,7—•—197T
Gen
.
F-A
,1970
Gen-mtge 5s series A
40.%
—
M-N
1963
guaranteed 4%s__1964
13 :
8 Va
.
cons
'•
F-A
guaranteed 4s.—.I960
4'As
cons
■
—'
*111
J-D
"
30 '
*105%.
F-A
3'As, gtd gold
32%: '37%
33
"
3T',4
E
Series
-
guaranteed,
Series: D 4s
'
'
A-O
59%
58
58 %
58 %
59%
59 %
60
is
10
17
55
60%
53%
60%
53%
60%
THE COMMERCIAL & FINANCIAL CHRONICLE
796
Monday* March 1, 1943
NEW YORK BOND RECORD
York
Stock
Ended
Week
Interest
Exchange
Feb.
Period
26
Last
*
Sale Price
Friday's
or
1962
1974
Bid & Asked
Iligh
1977
series B
gen 5s
1st
gen
1st
..
4VaS series D
series
5s
Gen
Portland
C
Elec
El
M
1st
Pwr
High
92%
93
*106%
J-J
1951
J-J
97
Af-N
67
93 %
ref
4s_—....1956
Terminal
97 Vi
14
11
54
97
9%
6
101%
107'/a
&
ref
series
B
..1977
A-O
71%
70%
71%
32
68
&
ref 5s series
C
—1979
A-O
71%
70'/a
71'/a
75
67%
&
ref
D
1980
J-D
71%
70
71%
83
67%
71%
1964
M-S
103%
106%
93 %
■'
A-0
J-J
-11 •'
106%
Ham
Gas
J-J
64%
63 %
64 y2
32
A-O
25%
24% .26%
471
3%L_1960
J-D
1960
1st 4s—,.,,1950
1st gold 4S
1946 •
Buff
&
&
Elec
1st gold 5s
Tri-Cont Corp 5s conv
9l'r
97l/a.i
A-O
—
*106%
66
21%
27
91
97Vi
91
100 Vi
100%
*116
J-J
deb A...1953
2.8,
9.7#
*100% i02
Af-S
63
87%
'91
MV2
V
<% j-d
1949
71%
10$% 106%
—
221
221
110%
111%
104'/a
106
104% 105
*106% 106%
71%
106%
111%
I'll
Louis & West
St
Toronto
"
Jan 19(30
Tol & Ohio Cent ref & impt
Trenton
107 Vi
145%
223
*220
105
110%
110
145 Vi
—
*145% 147 Vi
series
1st ref 4s
AAdj income 5s
97%
'I.V
5s
Third Ave Ry
109 y2
95%
5s
Tex Pac Mo Pac Ter 5%s A
106%
108%
111Vi
*111
*106%
Af-N
3-J
J-D
|
1
High
Gen
*82
M-S
J-J
mtge 3s
106 Vi 107'/a
January
Texas &
106
~5
11
1972
1st & ref mtge 5s
2037
1st & ref intge 8s
—.—2037
public Service of Nor 111 3Vis
1968
Purity Bakeries s f deb 5s_——-1948
&
1st
J-D
Range Since
L010
NO.
108%
Tol
i A Providence
2000
Sold
High
118%
90
—
109 Vi 109 Vi
109 Vi
J-J
Public Service El & Gas 3 Vis——1968
1st gold 5s
Pacific
Bonds
Friday's
108%
F-A
J A Providence Securities 4s,.-.-—-1957
or
Sale Price Bid & Asked
Gen
1966
mortgage 3Vis
Pressed Steel Car deb 5s
Last
Period
Gen
-1977
3 Vis
1st
26
118%
—
118% 118%
M-S
1950
1st 5s extended to.
Potomac
Week's Range
Friday
Interest
Exchange
Feb.
Low
J-D
1960
4%s_.
1st
Stock
Ended
Week
January 1
Low
York
New
Range Since
No.
*108%
J-D
F-A
J-D
& Ash 1st 4s ser A—1948
Young
1st
Bonds
Sold
Low
Pitts
BONDS
Week's Range
Friday
BONDS
New
U
112
R
1951
Reading Co Jersey Cent coll 4s
& ref 4 Vis series A
Gen
A-O
91
91%
10
88%
83%
175
78%
83%
82 Vi
84
J-J
83%
1997
J-J
84
—1956
J-J
—1997
Gen & ref 4Vis series B
Remington Rand deb 3Vis
Af-N
Revere Copper & Brass 3 Vis
103 Vi 103
31
Union
coll
&
F-A
trust
4s
A
103%
103% 103%
2
102 Vi
47
101
101
102 Vi
101
10
105 Va
100%
16
68
69
Vi
69
67%
J-D
J-J
70'A
36%
-2A.
M-S
*124%
mtge 3%s series H—-,—.—1967
Gen
M-S
M-S
Gen
mtge
3Vis series I
—1967
mtge
3Vis series J
..1969
,.11934
t§AR I Ark & Louis
1st 4Vis
tARut-Canadian 4s stpd
i§ARutland RR 4Vis stamped.:
1949
1941
y2102%
United
N J
34%
36%
Af-S
27%
26%
J-J
11%
97/a
Grand
&
Jos
2d
Island
Adir 1st
&
1st
1947
12 %
58%
70%
27
United
36%
.
267
22
11%
.71
9
12%
11
: 43
J-J
28
1996
Iron
MLn
&
ACertifioates
of
M-N
.May 1 1949
M-N
1 1949
M-N
—May 1 1950
M-N
1 1950
M-N
May 1 1952
M-N
Nov
—
......
:
-
Nov
...
2.15s
,
12%
10%
;
...Nov
:
......Nov
...
M-N
——,
55%
2.65s
65
82
82%
82
77%
3
Lt & Trac
Utah
84
78%
.May 1 1955
Power
46 Vi
6
91
1
73
25
850
19
25
24%
23
18%
24%
Va
Elec & Pwr 3%s
28
25%
28
282
20%
28
Va
Iron
—
27%
25%
27%
213
20
27%
Af-S
26%
25 Va
27%
1,341
19%
27%
...
26%
25%
26%
97
19%
26%
Vi
Vandalia
ACons M
24%
deposit—
of
deposit
...
4Vis series A—„„—1978
ACertificates of
deposit stpd.
*■.'
243
1
102
98%
102
98
100
102
■.
*101
*
3
—
2
.
•
—
*101%
—
101
101%
-
101
101
2
101%
'
'
——
*101%
■
rr-
..
-:
'
■
*101% 102
^4.
i
102 Va 102%
102%
99%
99
2
-101%
>. 1011/4 101%
——
--
'
•
M-N
101%
101%
101
101
:ioi% 101%
101%' 101%
101% 102
102 Va
102
*101
—-
102
...
102
*102
■
'I
102
98%
98%
97
A-O
98%
98
1944
F-A
98%
98 Va
1st 5s—
•
■
.
M-N
w—_—1951
w
"A
99%
■
29'
93%
98 V2
98 Vi
18
97%.
98%
98%
28
98
99
75Va
23'/a
J-J
AUertificates
94%
■
100
91%
75%
.1950
1950
107
47
91%
{ASt L-San Fr pr lien 4s A
5s series B
106%
101
ref 5s_—1944
1st &
Light
45%
91%
J-J
Aprior lien
&
75%
46
Af-S
of
107%
10
'■
■
a
A-O
4%s
91
J-J
1959
^Certificates
98
1
100
83
44
76
1
M-N
...
United Stockyards
997
101
*101
57%
58
1955
1st mtge 5s
Pub Serv
107%
82
82%
& P 5s stpd
L
107
-
101
M-N
■
May 11954
..Nov 1 1954
23%
tASt L Peor & N W 1st gtd 5s—„1948
St
St L Rocky Mt
2
Utah
...
*
106%
12
•'
*99%
,
99%
•
M-N
1 1953
1 1953
-
''y
v—'
'\
M-N
1 1952
—.May
..—Nov
—...—
-
2.60s
102%
2
102
97y8
26
98 % 100
99%
97'/a
Corp—
2.35s
99
57%
7
'107
97%
M-N
Steel
2.20s'
28
*55
A-O
—1933
deposit
' 104%
103
22
99%
107 Va 107 %
107
Af-S
1 1943
99%:.
107%;
Af-S
2.10s
'
Southern—
AgRiv & G Div 1st gold 4s
4
debentures
11%
101% 102'A
57%
A-O
..1944
1 Del)
1.00s
108%
108%
28
A-O
..1953
States
Serial
124%
124%
107% 107%
101%
J-J
1996
4s
gold 5s
gold 6s
St Louis
A-O
y;:
70
66
118
320
*108% 109
.
J-D
5s__.
2.05s
11
J-J
.
99% 100
.May 11943
RR &
1.125S
Af-S
99 %
M-N
Canal gen 4s.
United Drug Co
101
2.55s
St Lawr
109%
108%
A-O
..1952
Cigar-Whelan Store;
2.50s
St
107%
J-J
..1955
3y2s debs
United Biscuit
2.45s '
1966
41
1947
..1980
2.40s
Saguenay Pwr Ltd 1st M 4Vis
108% 109%
■
12
y4104'/4
;
*110
Gen
102 Vi
*8%
..1970
102%
101%
44
102
M-N
A-O
Roch Gas & El 4 V2s series D„
100%
,
...
.-1949
1977
cons
IT
—
RR-
103%
U
A 1st
Pacific
84
78
102%
10
Vi
101% 102'A
102%
Af-N
15ARio Grande June 1st gtd 5s
1939
ISARio Grande West 1st gold 4s„1939
102 v* 102 w
—
..1971
Republic Steel Corp 4Vis series B„ 1961
Purchase money 1st M conv 5 Vis 1954
Gen mtge 4Vis series C
1956
1960
J-J
'
'
93
82 V'a
104
debentures
3s
91%
F-A
1
112
110%
A-O
..1959
Calif 3s deb.
Oil of
Af-N
..1945'
Union
112
'']i
..1971
J-J
Cons
RR
cons
—
1957
series B
.1968
1st gold 5s—1949
Af-S
Virginia Pub Serv 1st mtge
1st
5s
cons
5s_~_—...2003
1st gtd
& Southwest
Va
3%s_.1972
;
1958
...
Virginian Ry 3%s series A——I9bd
'
*109%
*108%
M-N
M-S
& Coke
Coal
\
F-A
4s series A—1955
g
series B
f 4s
s
-
111 y4 111%
__
V/,
73%
F-A
J-J
110%
79%
79%
*105% 106%
—
104 Vi
*92
76%
78
A-O
81
105%
92
27
72%
108%
:
78
35
78
103 y4 103%
109 %
Af-S
92
93
111%
110
tSt Louis-Southwestern Ry—
1st
bond
4s
A2d
4s
certificates
bond
uic
1989
5 A 1st term & unifying 5s
AGen
rel
&
M-N
Nov 1989
J-J
.
gold 5s series
94
J-J
1952
ctls
^
1990
J-J
91%
72
94
72%
85%
94
1
,11
67
54%
50
54%
110
46%
54%
34%
30
34%
225
27%
34%
72%
72%
•*
W
Wabash RR Co— '
<
St Paul & Duluth 1st cons gold 4s_1968
Paul E Gr Trk 1st 4V2S
jASt
tgASt
St
K C Sh L gtd
P &
Union
Paul
V
E
N
&
4Vis—..1941
Depot 3Vis B
Schenley Distillers 4s
Scioto
1947
1st
1971
*80
F-A
9
27%
9%
.
23%
27%
9
6%
741
17
A-O
*102% 103
101 Va
101%
Af-S
*105%
104
105 y2
M-N
*123%/—
123
124%
§ A4s
ARef
1950
A-O
1950
A-O
37
F-A
8
7%
1959
A-O
19
.
5s
§ a Refunding 4s.
ACertificates
A 1st
of
ACertificates
of
AAtl & Birm
Shell
B
series
Union
deposit—..
1st gtd
19%
289
14%
15%
18%
135
18%
16%
18%
940
16
17%
155
37
M-S
35
37
'
20%
66
18%
20%
16
2 Vis
debs—...1954
1961
1941
1.1952
F-A
,1950
debentures.—
99%
JBell
44
103%
13%
14
•.
V 37 Y
15 Ye
207/a
17 H
.
20%
98%
100
44
104
*123
—
A-O
108
108
108
J-J
107%
.1947
J-J
4s
(Cent
4s
Pac
A
coil).
Aug 1949
registered..
1st 4 Vis
.—1949
106%
105%
106%
123
123
Gold 4Vis
107% 107%
105%
107%
103%
104%
Fran
San
South
Pac RR
1st 4s
Devel
81
Mem
St
lsf ref gtd 4s_.
1st
gold 5s
cons
ref
Oil
•
60%
57
60%
478
54%
60%
M-S
58%
55
58 %
372
55
58%
Af-N
54%
57%
522
Af-N
56%
54 %
56%
497
52%
56%
J-J
97
96%
97%
229
93%
97%
A-O
57%
93%
93%
92
109
87%
57%
93%
J-J
80%
79%
81%
291
1994
J-J
97 Vi
96%
97%
80
70 %
97%
A-O
74%
73%
74%
238
68%
91
91
92
103
87%
92
A-O
95%
95 V'a
J-J
88%
88%
89
10
84
89
J-J
92%
93'/a
11
89%
93'/a
112%
112'A
3
111%
107%
19
106
Calif
—1968
gold 4Vis__2013
23/4S debs
J-D
J-J
107%
44
44
Apr
J-D
105 Va
J.J
105
1945
J-J
102%
102% 103
Superior Oil 3Vis debs..
1956
M-N
Swift &
1961
Af-N
N J deb 3s
6s
2%s debs..
*27 V2
92 Vb
93
A-O
103%
M-S
F-A
■
—
F-A
34
'■/'
'
F-A"
23
'''
■
J*
1
.
6
92%
\...
*104
v'l-i r:':
*119% 129
'
109% 109%
J-D
Af-S
110
J-J
111% 111%
94%
104 '
36
31
88
91%
104
./■—:/•
119%
--
—1963
109%
91
102%
103'/a
*104% 106
A
J-D
93
36
*92%
26%
257/a,' 25%
103% 103%
/ 36
Q-Af
28 '
26%
119%
108%
109%
2
106
110
4
110%
111%
185
84%
93%
110
1
Maryland
...1952
A-O
92%
92%
93%
...1977
1st 4s___
5%s series A
J-J
99%
97%
99%
•
9
;
l'/
95
99 %
A-O
Af-S
40%
39%
41
1946
Af-S
40"%
39 Va
41
Af-N
93%
92
94
J-D
93%
92
93%
199
87%
Af-S
91
89
91
138
83
assented
Western
Union Teleg
gold
25-year
gold 4%s_.
—1950
—1951
5s
1960
30-year 5s_.._....
.......
Westinghouse El & Mfg 2%s_......1951
West Snore
1st
Registered
4s
100 &
100 A
100 A
100 A
327
36%
41%
221
36%
4iy4
84
94
•
..J,
&
Conv
1st
Co
deb
A__...
—
52
50
B
J-J
48%
46%
5
49%
1966
—1955
—1947
J-D
M-S
Af-S
J-J
*109%
'
88%
88
1C3%
109%
..
88%
65
J-J
J-J
51%
Af-N
*115%
—
101%
52
2
49%
104
110%
90%
88
106%
104
114 %
'
104%
103%
5
*103 % 104
1949
43
41%
I*
93%
91
101%
63
105 % 106
105%
A-O
135
103% 103%
103%
—1960
1st 4s
56
52
3%——
S
:'
101% 101 ■%
...2361
—
M 4s
101%
1
J-J
Wheeling Steel 1st 3%s series B.
Wilson
M-N
:
2361
guaranteed...
West Va Pulp 81 Paper 3s..........1954
—1949
Wheeling & Lake Erie RR 4s
{AWisconsin Central 1st 4s_.
ACertificates
of
51 y4
49%
...
1st 4sl_.1936
49
48%
18%
16 Vi
15%
deposit
5ASu & Du div & term
98
6
92
95%
ACertificates
1951
J-J
1944
41%
J-J
•
115%
214
47%
51%
49 y4
10
47%
49%
18 Vi
148
14%
18%
15%
15
A-O
HOVi HOVa
3
110Vb
111
J-J
107 % 107 y4
5
107
107%
1943
J-J
*18 Va
Conv deb 4s
1948
M-S
1st mtge s f
3%s series D______.1960
102
105
Va 105%
39
105
105
105%
14
104%
105%
15
101%
103
103%
impt mtge 3%s series B..1974
J-J
Texurkana & Ft Smith 5Vis A
Texas
Company 3s
debentures..
com
1950
F-A
I..1959
102%
gold 5s
20
20
103%
106
121% 121%
6
120
121%
105 Vi 105%
4
105%
105%
112%
11
110%
112%
1C3%
Youngstown Sheet & Tube—
Deferred
in
the
not included
delivery sale
not
year's range,
n
M-N
101% 102
96%
95%
96%
included in the year's range,
d Ex-Interest,
Under-the-rule sale not included in the year's
19
45
e
101%-' 103
95
Vi
99
Odd-lot sale not
r Cash sale
range,
in the year's range.
103%
112
*103% 105
90%
22
A-O
105%
105% 105%
16
105%
105 %
Af-N
103 Vi
106% 103%
12
105%
106%
1943
j-j
101 Va
101 y4
90%
25
15%
103y4
1965
deb
1st 4y2s
i5y4
105%
11
105%
103% 103%
112%
1968
45%
11
*105
121%
deposit..
Public Service 3y4s__;—1971
JAWor & Conn East
102% 102%
f-a
1953
of
Wisconsin Elec Power 3%s—;
Wisconsin
a
Coal Iron & RR gen 5s
Terminal Assn St L 1st cons 5s
Gen refund s f gold 4s—
O
27Vi
—1966
E__T—
3%s series I
ref
Included
Tenn
N
28 Vi
1
"l
26%
107%
3Vis B—.1964
C__
1st
1953
&
26%:
28%
30
112%
107 Vi
Tel
series
95%
1961
3s
49%
40
*27%
26%
89
44
34
•28%
Af-S
F-A
A-O
A-O
83Vi
105
276
gold 4s— —1943
JAWestern Pacific 1st 5s ser A.—1946
74%
A-O
1956
5s—
gold 4s___
debenture
&
337
49%
81%
92
1955
Studebaker Corp conv deb
Ref
1st 5s
Power
Winston-Salem
1955
F-A
Standard Oil
53%
1951
Bell
3s
of
Co
80
jif-S
1966
2%
83%
68
1996
1st
ASpokane Internat
Stand
72%
gold
1st
Southwestern
&
16
6%s__:
gen
Div
Louis Div
1st
192
..1956
6s
gen
&
80
1977
1950
Devel & gen 4s series A
Devel
83%
77
1981
Term
Southern Ry
.
80%
1946
33/4s
&
A5s
—.1969
4 Vis_„
10-year secured
89
40
—1967
mtge 3%s
mtge
39%
108%
103% 103%
82%
Gen
5s stpd gtdr^.....1950
Ltg
West N Y & Pa gen
107%
106 Va
...
gold 3%s._2000
48 Va
49%
'40
'
Westchester
1st
1968
(Oregon Lines)- A—
Gold 4 Vis
Gold
J-D
1st ref gtd
RR
1948
Washington Central Ry 1st 4s.L
1st gtd 3y2s_....1945
1st 40-year guaranteed 4s........1945
Western
Pacific Co—
6s
Warren
Washington Term
85%
89
J-J
Apr
Apr
102%
A-O
Power
D__.——.1980
1st mtge 4s...__.___1955
debs
1948
Walworth Co
100%
101%
C___.—1978
Warner Bros Pict 6s
1st
6
A—1975
5s series B„__——1976
gen
ARef & gen 4Vis series
West Penn
40
J-J
Southern
■
17%
103
1963
Colo
31
.
3
1962
debentures
18%
18%
18
44
1964
Southern
19%
103%
43%
103
3V4S
Tel
&
8'A
99Vi
101%
gtd 5s
& Nor Ala RR
fciouin
61
37%
101% 101%
F-A
A-O
99% 100
*101
1979
South
Tel
J-J
J-J
37
'
-15
34
18%
F-A
ctfs.
Socony-Vacuum Oil 3s debs.—.
3s
16%
F-A
4s..—,
A
debentures 4s
Skelly Oil 3s
4%
28
1935
Oil
Co
27%
78
1933
6s
2%s sinking fund debentures
f 5 ASilesian-Am Corp coll tr 7s
Summons
M-S
324
8%
17%
1945
37%
18%
.
A_
37
33
certificates., ..—..1935
1A Seaboard All Fla
A6s
deposit—
series
bs
cons
33
1991
inc 4'As ser B__
mtge
ARef & gen 5s series
—Oct 1949
gold stamped
AAdjustment
mtge 4s inc series A__—-.1981
t A Wabash Ry ref & gen 5V2s
,
tSeaboard Air Line Ry—
5 A 1st gold 4s unstamped
a—-1971
series A,,
mtge 4s
AGen
27%
.1952
gtd 4s
1st
AGen
9%
...—1989
f deb
s
J-D
J-J
v
•
89%
*101.8
..
89
§Negotiability impaired by maturity.
tThe price represented is the dollar
pound unit of bonds.
Accrued interest payable at the exchange rate of $4.8484.
tCompanies reported as being in bankruptcy,
90 y2
the
receivership,
or
quotation per 200-
reorganized under Section 77 of
Bankruptcy Act, or securities assumed by such companies.
♦Friday's bid and asked prices; no sales being transacted during current week.
ABonds selling, flat.
/
THE COMMERCIAL & FINANCIAL CHRONICLE
.Volume .157;.i Number 4155
797
NEW YORK CURB EXCHANGE
AND
WEEKLY
NOTICE—Cash
in
footnote
a
deferred
and
week
the
in
in
YEARLY
RECORD
delivery sales are disregarded in the week's range unless they are the only transactions of the week,
which they occur.
No account is taken of such sales in computing the range for the year.
when selling outside
and
the
regular
weekly
range
are
shown
complete record of the transactions on the New York Curb Exchange for the week beginning on Saturday,
Feb. 20, and ending the present Friday (Feb. 26, 1943).
It is compiled entirely from the daily reports of the Curb Exchange itself, and is intended to include
extensive list we furnish
In the following
security, whether stock or bond, in which any dealings have occurred during the current year.
every
York
Week
Curb
Last
Exchange
Ended
Week's I
Friday
STOCKS
New
Aero
Co
Low
Supply Mfg class A™—.
Class
B_.
Air
Air
Inc
Investors
Warrants
6%
19
Jan
Bliss
Feb
20%
Feb
Bme
Jan
5%
Jan
$3
5%
2,500
7%
3,100
Jan
7%
Feb
Blumentnal
Jan
6%
Feb
Bohack
1%
100
1%
Feb
1%
Jan
7%
2%
1,800
1%
Jan
2%
Feb
400
27%
29%
Feb
Bourjois
2%
Feb
7%
80%
Feb
$5
2
'
29%
29%
1
Jan
■
Electric
Great
Alabama
Power
Co
2
•
2%
•
79
800
:
80%
105% 105%
1%
190
20
80%
—50
preferred—
$7
iS)
61 Co
C)
Co
/
Jan
Jan
72
102
Jan
105%
Jan
13%
1 Va
Inc__,
8 Va
$6
-
98
98
~4.%
98
preferred——
Alliance
~4%
-
50
91%
Jan
600
3%
Jan
Jan
98
~4%
Feb
Allied Intl
Investing $3 conv pfd
Products (Mich)
Allied
Class
A
conv
.10
24%
.25
common
Breeze
25%
25%
Feb
24%
50
25%
Jan
26%
Jan
25%
Jan
.
51
6%
Goods
Aluminum
6%
Ltd
109% 109%
1,150
106%
Jan
102% 103%
13%
common-
♦
8
6
200
Board
Co
common
300
4%
Jan
6
Feb
900
%
Jan
%
Jan
12%
Jan
22
82
.10c
Feb
5 Va
Feb
~3%
2%
3%
2,800
2
Jan
~3'A
Jan
Jan
65
Feb
Jan
83%
Feb
Brown
5% Jan
6%
Jan
Bruce
5%,
6
1%
1%
•
100
—
class
Co
Am
dep
rets
Amer
$3
class
B
•
preferred
$5.50
prior
American
Cities
Convertible
Class
&
A
Cyanamid
Fork
American
Gas
St
&
Hoe
Jan
27%
Feb
Buckeye Pipe Line
Jan
27%
Feb
Buffalo
Feb
$1.60
38%
warrants.
—
.100
102%
Corp common— -10c
preferred—______ —1
Co_—
Potash
American
$5
Jan
Bunker
%
Inc
Feb
Butler
525
Jan
Jan
100
38
Jan
3%
28%
American
1st
5%
preferred
Jan
100
13%
Jan
16
American
Thread
American
Writing
Anchor
Post
5%
20%
Jan
23%
Feb
14'/8
14%
3,100
13
Jan
14 Va
Feb
•Voting
26 %
100
25%
Feb
26 Va
Feb
Calamba
26
Jan
29
Feb
80
ft
Jan
%
5,300
%
80
Jan
v.
.
.%
-
Jan
Feb
23
."*8%
~8%
4,700
5%
Jan
8%
Feb
3%
3%
1,000
2%
Jan
3%
Jan
200
3%
20%
Jan
23 Va
Jan
52 %
Feb
Feb
6 %
preferred
2,600
~3%
3%
3%
5,600
2%
2%
2%
800
pfd
100
*•
non-voting
•
;
10
2
y 2V:
2.
10%
106
105
-
2%
2
8%
9
Breweries
Associated
Electric
of
Feb
Jan
Feb
1%
Jan
2%
y 2
•
8%
Jan
97%
Jan
1%
3%
Jan
10%
Feb
Jan
Jan
Feb
Feb
106
2%
Jan
1%
Jan
2%
Jan
800
11%
Associated
3%
2%
8%
7,900
90
11%
Jan
100
2%
9
Jan
270
2'/4
90
Art Metal Works common.——_5
Ashland Oil & Refining Co
1
8%
Jan
9 Va
Jan
10
300
90
Feb
y 10%
Jan
91 Va
Jan
12
Jan
*
6%
6%
5
4Ta
;
200
5%
Jan
6%
Feb
1,400
6%
4%
Jan
5 V»
Jan
Jan
12%
Jan
&
class A—
Coast
RR
1%
pfd. .100
preferred- .100
Atlantic
Coast
Atlantic
Rayon
Line
1
Co.—
-50
1%
Feb
Feb
69%
Feb
Jan
111%
Jan
3%
Jan
4%
Feb
5,200
32
30
:
32%
1,675
5
Jan
28
1
4%
%
J
Products——
Automatic
6%
17%
18%
1,200
V3%
~4.
1,600
Voting
6%
4%
V:
-25
18%
Patoka
15%
California
Callite
A
com
Collieries
Camden
Canada
Fire
5%
Feb
18Va
Feb
18
5%
y
100
3
Jan
4%
■
Feb
4
Jan
2%
Feb
Feb
6
Jan
18%
300
16%
Jan
18%
Feb
47
47%
310
41
Jan
47%
Feb
6
6%
1,100
Jan
6%
Feb
f
Canadian
1%
5%
Co
Car &
warants
Barium
Barlow
$1.20
Rubber
23
Stainless
&
Seelig
1%
<L)
1st
Steel——.
A
Class B
1%
Tnc
——_
common
22%
preferred
5%
~i%
1,300
__1
19%
Jan
23%
Feb
non
City
Carman
common
.
Bellanca
Aircraft
Tel of
St
common—.
5%
Hedges
Convertible
common—
preferred
Birdsboro Steel
Blauner's
Carnation
page
801,
Feb
9%
3,900
7%
Jan
13%
12%
13%
8,400
10%
Jan
86%
87%
10%
11
11
"l%
300
82
1,400
13%
Jan
Feb
90'/a
Jan
9%
Jan
xl
1%
Feb
1%
3
"%
Jan
1,600
%
Jan
1 Va
Feb
200
l'A
2%
$6
2%
Feb
3
Feb
Feb
Co
Carrier
Corp
Carter
(J W)
Casco
Castle
(A M)
Co
&
Caiaiin
Corp
Central
Hudson
Feb
2%
2%
2%
1,000
1%
Jan
2 Viz
Feb
23%
23%
25
23%
Feb
3%
Jan
3%
Jan
Jan
3%
Jan
23%
y.y-
—
—3
Maine
New
Ohio
•
Cessna
&
Chamberlin
Charis
Elec
39%
40
5%
_7%
;
y
7%
$6
7%
pfd
100
91
y^ .y
60c
$6
9
preferred
Cities Service
Co__5
Co..—
Neon
Colon
5 %
5%
2,200
4
Jan
5%
Feb
Colonial
P
$7
&
Colt's
?
""%
Plow
4^4
4%
4%
Feb
5%
Feb
Feb
95
50
Feb
9Vb
Jan
3%
Jan
1,400
Jan
4%
Jan
70
6%
85
y
20
.
11%
11%
500
12
8%
•
Feb
150
6
Feb
6%
Jan
Jan
xl4%
Feb
13
*A
Jan
Feb
%
350
29
Jan
34
5,900
6
Jan
12
7'%
Jan
8%
-
Feb
8%
200
Feb
Feb
Feb
2%
500
1%
Jan
3%
Feb
4%
500
3%
Feb
4%
Jan
2%
5,900
1%
Jan
2%
Feb
51%
Jan
55%
24
Jan
33
Feb
Jan
1
Jan
55
%
55%
100
32%
it,
ft
30
'
32'A
1,550
17Va
17%
25
;
preferred.100
.1
—
warrants
"
%
1
ft
1
1
4%
3%
4%
10,000
3%
Jan
4%
Feb
1
9%
122 %
123%
70
115%
Jan
123%
1946—.—
common..
preferred
16
Jan
Consolidated
%
Feb
Consol G E L P Bait common.
Feb
4%%
9
Feb
4%
4V4
Feb
Co
preferred
preferred series C
Utilities
....
12,100
1/64 Jan
14
**6
Feb
Jan
19%
Feb
3*2
Jan
ft
Feb
150
7%
Jan
10 %
Feb
26%
10
Jan
600
19'A
Jan
27 'A
Jan
3%
Feb
400
*
—
10 Viz
%
900
ft
Gas
Jan
85%
Jan
2%
25
Consolidated
85
Jan
2%
Service
Jan
Jan
4%
4
Community
3%
76
2%
Community Water Service
Compo Shoe Machinery—
25
Feb
2Va
Jan
4%
Jan
62
4%
warrants—
Jan
4%
Feb
6%
Jan
__
Jan
Jan
Jan
>_
*
:
9%
6
Feb
6%
Co__
Southern
Biscuit
ft Jan
12
71
48
1,400
10
1,209
20
•
6
13% xl4 Va
23
9
200
Feb
Feb
6'A
Jan
series B
Jan
6
•75
__
1
Coke Secur
Jan
51 %
85
~5%
Feb
fc
5%
550
62
Feb
Gas
68 %
10,600
34
common—.
to
95
Jan
6%
62
7%
extended
Jan
%
11%
6'A
8%
$3
175
J/2
•
Arms
Public
80
64
32'A
Airlines—,
&
Jan
—
ordinary..
Gas
9
11 Va
33
100
Rosenberger Inc
Fire
U Feb
Jan
Jan
•
common
Co
Feb
'
ft Jan
Jan
6%
yy
—
Jan
Feb
Feb
Jan
22%
Co^n
106
I
7%
—.4
Corp
Utensil
Oil &
c
Jan
1,600
4,700
9
—
1
Mfg——
Illuminating
Columbia
t
9
9%
67%
5%
_1
Gas & Elec 5%
V
92%
Jan
4%
11
85
y._10
Lights Inc.
Development
Patent
114%
Jan
300
__
Coal
Cockshutt
Jan
7%
,
6%
_*
Co
Feb
i3a
68
*
Homes—
Feb
7%
84%
:
<
11"%
._10
—y
4%
Jan
,
;_____*
preferred
Jan
6
370
"5% "5%
—___1•
L
Feb
2%
700
95
—
—
,
&
'17
4%
300
7%
Feb
Jan
25
4,700
8%
Feb
7 Va
100
9%
■
7
Jan
100
9%
42
Feb
Feb
6%
11
4%
4%
__100
...
B__
Aluminum
Feb
Jan
11
11
11
—.—5
Mining—
Clayton & Lambert
Cleveland
Electric
Feb
J*n
Jan
104
__
,25
Controller
1%
Jan
Feb
Jan
7%
10,100
v/hJ:
9
8%
10
preferred.:
11%
%
109
104
200
92%
""%
8%
preferred BB
Jan
•
Feb
Jan
—_
1
.—.——5
preferred...
Jan
10
39%
Jan
114%
91 Va
1
Childs Co preferred
Cities Service common™
%
100
Feb
Jan
5,700
,
"3% "4%
4%
1
9%
Feb
Feb
11
102
y
..
pfd—100
—
Shaft
Consolidated
50
Jan
l3's
Jan
15'A
11
"7%
*
Chief
18,000
45
38%
50
10%
4
1%
Jan
9%
7
10%
Chicago Rivet & Mach
11%
Feb
125
preferred.100
Weather Strip
Club
35%
Feb
106%
1
corn
Proaucts
common...
Clinchfield
_4%
Jan
4,900
,
_1
common
Cleveland Tractor
Jan
39%
West Utilities.—50c
Feb
Feb
i
—
Co__
Metal
Corp
&
Light
South
A'rcraft
Feb
16
l'A
103% 103%
.
10
Power
Steel
Feb
Jan
1%
10% ,11
—
1
Power 7%
York
Power
Central &
Gas
5%
4,600
24
__
1 %
America™.
01
3%
%
Jan
3%
10%
Co—
33%
10%
Feb
a4
'
Jan
ft
Feb
if,
Jan
*
Jan
10%
5
y
Columbia
%
Jan
1%
A
common.
Jan
33
Jan
Jan
1,500
1
Products
3%
*
ft
3%
3%
_._*
common.—
2%
~3%
ft
200
3
•
29%
100
300
5
3%
*
common—
100
3%
13
100
25
preferred
1%
3%
13
5
9%
*
see
%
9%
9
Fdy & Mach Co com„*
For footnotes
Feb
9
9%
Carolina Power & Light $7 preferred—*
650
*
common
Feb
6 Va
9%
1
new
Feb
14%
Jan
—.100
class
10,500
16
1
common
1%
Jan
9%
Berkey & Gay Furniture
Inc
ft Jan
5
pfd—100
Products—
5%
~20
Bickfords
Feb
Jan
14
l
10
Feb
85
Ltd—
Colorado Fuel & Iron
l5o
Canada
600
6%%
voting——.
Co
&
11%
l
$1.50 convertible preferred
Aircraft Corp
IS
Jan
Alcohol-
Industries
Commonwealth
Mills Inc
%
80
_y y
3%
——*
—
130
7'/a
Foundry Ltd
33 Va
—*
preferred
Brummell Ties Inc
Benson
3%
23%
*
—
14
Jan
—5
preferred—
Capital
Cohn
Beech
Bell
-1
3
Jan
5%
_1
Canadian Marconi
Clark
33
-5
common
2nd
Beaunit
3%
-30
„1
common
Jan
12%
84 V
voting
Canadian
$6
Mfg—
convertible
Baumann
1%
common—.
—,
Co
Basic Refractories
Beau
for
preferred...
1%
100
100
82%
Assn
Ltd
Industrial
A
Claude
Purchase
Jan
1,200
6%
10
participating preferred-
Canadian
City & Suburban
Baldwin Locomotive—
7%
Feb
2%
50c
Corp..
Insurance
Cement
Chicdgo Flexible
B
Baldwin
Feb
2'/a
12%
50c
Cheseb rough Mfg
-10
—_
Feb
6%
20
City Auto Stamping.^
Babcock & Wilcox Co
1%
500
ft
Power—
Tungsten
Feb
.„1
class
Electric
Feb
6%
Feb
2%
5%
Avery (B F)
6 ft preferred—
1%
2%
25c
certificates—.
Cherry-Burrell
1
Jan
6
500
1
Machine——
& Sons common
i—5
Tobacco
trust
Feb
32%
Jan
% Jan
11,600
6%
18%
Corp
Automatic
Ayrshire
~4%
Feb
"
Plywcod
Axton-Fisher
50
~3%
4%
69%
~~n
Corp—.
Atlas Corp warrants—™
Atlas Drop Forge common
Atlas
69%
69%
111''2
Co
Atlanta Gas Light 6%
Atlantic Coast Fisheries
13
12%
6%
.—12 %c
Sugar Estate
Central
12%
Industries—
Tel & Tel
Birm
Jan
•
u—.
Cable Electric Products common
Central
Atlanta
1%
——„.2.50
common.——
Central
5
*
American dep rects reg—_i
£1
Associated Laundries of America.—™*
Associated
14%
11%
•
Sullivan
Central
Canada
Feb
Jan
Feb
1,300
10%
2%
1
_
Feb
75
Jan
2%
400
:
106
2%
Aro
Corp.™
//■y'%
2%
3%
Arkansas Power & Light $7 preferred.*'
Equipment
Jan
Jan
ai
60
7%
•
common—
A
::
350
75
6%
1
—...
Appalachian Elec Pwr 4%%
class
73%
•
Arkansas Natural Gas common
Common
-V
7%
5
common
.
Angostura-Wupperman
Apex-Llec Mfg Co
15,900
74
2
preferred—
Paper
Fence—
Jan
12%
fy
Feb
1,000
26%
.
■14%
•
/ 38% Feb
:
33
16
23%
23
•
•
Feb
14%
_*
Jan
Feb
34 Va
15%
Superpower Corp common—*
$6
A)
(P
22%
45
$6 series preferred-
Jan
' V
Feb
103
,
Jan
—
25
preferred
24 Va
Class
:
$3
Jan
93 %
31
,
t
—'.y.___*
new
Corp Am dep rets
Corp.—
19%
350
Feb
1
Burry Biscuit
2,000
5%':
38
2
&
Feb
23 %
-10
common.
Burco
yll%
•
preferred
Hill
5,800
34%
1
Republics
V % Feb
Jan
1st
14 Va
Chemical
&
Feb
40%
Burma
103
4%
—.
Seal-Kap
39%
Jan
Jan
5
preferred
Jan
.100
Maracaibo
Jan
37%
10%
Feb
Niagara & East Power—
12
.100
common—
American Meter Co
American
.•
33
-25
Preferred
American
23%
a
102
5 %
34
-25
_
50
.
3,700
14%
22%
23%
preferred
u
14%
~
-10
Co
6,300
37 %
39%
—
Mfg
39%
1%
500
11%
14%
•
common
15%
ft Jan
Feb
-
30%
1
;
common
15%
-20
Laundry Mach
Light & Trac common¬ -25
American
Co
Co
1,650
5,100
54
.
-
1
Mills Ltd
2,650
1%
Jan
;
•
27 %
1%
44 Va
11%
_10s
Wire common™
27%
$2.50 convertible preferred- „_l
American
Rubber
(E L)
Feb
800
54
£1
reg_
preferred
Bruck Silk
1
49
53%
£1
Distillers
24%
common
American Hard Rubber Co„.
er
$6
3%
Feb
>
.
preferred
24%
General
American
A
26%
-10
_;
preferred
American
Feb
Class
Brown Forman
26%
Electric.—
convertible
$2
i;.
class A—— -10
Foreign Power
American
4% ft
:2,4oo
Feb
Jan
ft
•
Vy';
dep rets ord reg
-25
Class B non-voting
American
3i»
6%
Feb
%
2'A
100
Ltd—
-25
—1
American
:
6%
1
A
American
: 100
1%
.r.
.
Light
Class B
-i.V.
20%
—
Mfg__l__
Power
class
20%
«
preferred
Central
American
1%
.10c
800
%.
—•
Co
ord
3%.
^
%
•
—
—
Celanese
3%
*
common—
61
it*. ;
_3%
*
100
Brown Fence &
Common
A
—
1
American Capital
♦
™
A—
British
Feb
9 Vs
Jan
dep rects ord bearer—
Feb
Jan
Jan
Tobacco—,
1
13%
7%
Oil
30
Jan
3%
American
Jan
11%
Feb
1,500
American
ft Jan
;
Feb
'/a
12,200
B
Class
20%
Feb
1%
,
5 Va
British
760
6'A
Jan
8%
British
900
Jan
%
•
4%
Feb
30
Jan
2%
1,300
1%
8%
Mfg
"IsA'
27
—1
class A common
27%
is
700
1%
5%
Jan
Feb
Feb
400
5%
,
6%
8%
Feb
106%
Jan
•
8%
Jan
Feb
1
.•
preferred
Am
Feb
28
6
200
Jan
—1
Feb
106
Jan
52
common..,
14%
Jan
Feb
9
3%
46'A' Jan
13%
Corp
Brillo
Jan
Feb
Feb
13%
Preferred
7%
Feb
Feb
Va
44
13%
109%
Jan
86
103%
T%
xll5% Feb
Jan
50
1,650
8
_100
American Beverage common—_____—-1
American Bock Co—
100
Box
Jan
Mfg——
common
preferred—.
American
105%
109%
.100
r__
Industries
Aluminium
2,050
103
preferred—
Aluminum
xll5%
114
xll5%
common
6
10
%
5%
•
Lgt & Pwr
Jan
Aeronautical-
Class
Aluminum Co
800
..
1% ~6%
100
Bridgeport Gas Light Co
Bridgeport Machine
Brill
38%
23
;„._*
_3.
2
3%
51
•
common
15
jjj Jan
650
8%
High
Jan
•
Corp
Brewster
1
common—.
Investment
10%
18,100
44
'
Alles & Fisher Inc
Low
3,600
2
____25
,
.
Traction
Range Since January 1
•
preferred——*.
Brazilian
Shares
14%
42
100
1st preferred
2d
44
for Week
High
13%
1%
*
common
1st preferred—
Bowman-Biltmore
1—3
Appliance
Southern
Low
.1
;
Sales
;
Range
of Prices
1
optional convertible preferred™*
(H
Week's
Last
Sale Price
;
i
Borne Scrymser Co__
5%
——______.
Air-Way
Alabama
26
Ridge Corp common
5
2%
Feb.
common
6%
-10
preferred-™.—
(E W)
~i%
2
Friday
Exchange
Par
Feb
4%
20
.
Curb
Ended
High
17
1
_50c
Corp—
common
Convertible
5
5%
5
...
(N J)
Accessories
Low
-I
17%
York
Week
Range Since January 1
20%
1
——
Associates
Aircraft
Shares
—1
.
Ainsworth Mfg common
New
for Week
Hi(jh
17%
-10
common
STOCKS
Sales
Range
of Prices
Sale Price
20
Feb.
Par
Acme Wire
a
—
3Va
3'%
2sb
Jan
56%
Jan
61
Jan
117
Feb
103%
Jan
107
Feb
2
Jan
"3%
200
61
900
100
117
117
10
111
100
107
107
10
1
1-3
r3
200
1
*
61
60 Va
Feb
Monday, March 1, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
,798
H
NEW YORK CURB EXCHANGE
Consolidated
Consolidated
Retail
Stores
35%
4%
4%
Consolidated
Steel
Corp
4%
1%
500
7%
8%
8%
5,000
preference
Copper Range Co
Cornucopia Gold Mines
Coi'roon & Reynolds
$6 preferred A
$3
prior
5',;
13%
11%
Croft
Crown
Cork
International
Drug Co common
convertible preferred
Crown
Oil Refining
preferred
Crystal
$6
A
Cuban
Atlantic
Tobacco
common
Lighting
Inc
Curtis
Feb
$5
Jan
38%
Feb
Gilbert
Feb
4%
Jan
3*3
Jan
%
Jan
1%
400
%
Jan
1%
V
Gilchrist
1-8
500
15%
13%
Feb
Glen
2
Feb
Godchaux
16'A
Jan
Feb
Class
V
21%
6,800
:
Petroleum
Darby
Class
6%
Jan
Goldfield
Consolidated
Feb
.Goodman
Mfg
3,100
10%
Jan
10%
2%
Jan
A
Feb
$3
.
Jan
3%
Feb
Feb
7%
Jan
Gray
Jan
1%
Feb
Great
1,500
2'A
100
,7%
3 %
3%
7%
7%
7%
1
1%
1,200
50
19%
Feb
6
13%
2%
11,100
2%
13
100
%
13%
convertible
A
preferred
Gasket
Detroit
without warrants
preferred
6 %
800
11%
10%
7%
1st
Great
Feb
11%
Jan
30
30
16'
13%
Jan
30
Iron
Mich
Stove
Detroit
Steei
Products
De
Co common
Jan
3%
Jan
2%
Jan
Feb
Shoe
common
Divco-Twln
Truck
Dobeckmun
Co
common
Bridge Co Ltd
Dominion
Steei
~2%
200
Duro Test Corp
Duval Texas
Sulphur
Lead
Picher
Gas
Fuel
&
Light,,
"i'
Rayon
voting
Brewing
5
Jan
4%
71%
300
67%
Jan
75
Feb
Jan
134
Feb
Feb
Heela
2%
Feb
Helena
100
27
26%
16
v
Feb
4%
Jan
Jan
8%
Feb
21%
Jan
Jan
8
Feb
1%
Jan
2%
Feb
43%
44%
3,700
37'%
Jan
44%
Feb
20
102'%
Jan
106'%
Feb
107'%
Jan
109%
Feb
6%
Feb
■;
—
I
:
&5
t
V
Washing
Bond
c
Hoe
'■
Jan
67
24
Jan
27
Feb
Jan
67
Jan
Feb
—
"J:
5%
v
.
Power
Horn
9%
9%
9%
100
8
Jan
Feb
;
Horn
(Geo
A)
Co
1%
&
Hardart,-
common
3,700
7%
Jan
10
Feb
Humble
18
Jan
2
Feb
Hummel-Ross
1,550
300
Power
&
36
Feb
,V
20
Jan
24
Feb
%
%
Jan
75
10%
Jan
19%
25 \
10%
Jan
19%
8%
36
4%
4%
31%
Jan
37%
Florida
2%
Jan
4%
Hussmann
~4%
Feb
52
54%
55
59
1,700
42
Jan
55
Feb
4,100
43%
Jan
59
Feb
15%
%
13%
%
15%
]£
Jan
15%
2,900
•
!
&
,
1
15
—
4
100
*
—5
10c
pfd
stock
Equipment
preferred
1
.
1
Line
50
1
common—
common
—
29%
6%
'
29%
6%
91
30
5%
90%
30
__
7
2i
5%
29%
—
1,550
:
100
3,700
Jan
Feb
4%
Engine
Metallurgical,:
Power
29%
of
3%
8%
8%
—
Am
Light $7
pre'erred
Feb
16%
Ireland
Feb
Jan
19,900
A.
Jan
2%
Jan
Jan
18
Jan
22-,4
1,400
8
100
Jan
7
30
65%
ord
*
£1
reg
Feb
/
"a
10-^4
10
1
i
■
•
Indus
I'/o
l'/o
Feb
29
8%
_10c
Common
$1.50 preferred
—
Brewing Co
Distilling,
Froedtert Grain
(Geo A»
Malt
&
preferred
Co
International
7%
Jan
9
6,900
1 %
Jan
2%
Feb
7%
Jan
8%
Feb
$3.50
51c
Jan
10
13%. Jan
400
3%
100
57%
Jan
61
Jan
86
84
84%
3%
81%
Jan
88%
Jan
3%
3%
18%
18%
'
:
—
tVv'
—
'
.P
1%
2
Metal
Petroleum
1,100
1,000
— —
—
500
2
Jan
5'A
Feb
IL
3%
15%
coupon
Jan
8%
Feb
Jan
Jan
Jan
32%
Feb
Jan
a3'/b
Jan
23%
300
:
18
29%
;
Feb
25%
Jan
20
-
113
Jan
14%
Jan
17
Feb
4,100
60
Jan
66%
Feb
5,000
3
Jan
4%
Feb
A Jan
f <1
300
A
10%;;
4%
300
-
.
-
Jan
Feb
8
10%
Feb
Jan
1%
Feb
3%
1,500
Jan
1
•
100
1%
preferred
Co
common
•
J'.'
Jan
4%
Feb
Jan
1%
Feb
*
Jan
3%
Feb
Jan
19
Feb
16%
Jan
18%
Feb
12%
Jan
15%
Jan
1%
Feb
15%
Feb
2
Feb
15%
footnotes
$6
Home
see
page
300
2%
Jau
1,550
9%
Jan
11%
11%
11%
11%
11%
10
10
30
: Feb
Feb
Feb
Jan
10
3,500
11% Feb
300
v
9%; Jan
11%
Feb
100
..
9%
Jan
10 VB
Jan
Feb
16%
Jan
60
91
Jan
101
Feb
130
20
Feb
24
Jan
20%
100% 100'/a
21
21%
,
21%
Jan
25
Jan
1
Feb
18%
100
%
Jan
15%
Jan
19%
74
74%
750
69%
Feb
74%
Feb
13
13r
100
12'A
Jan
14
Jan
2%
Jan
1
74
'
y ;
Feb
Razor
5%
5%
800
2%
2%
1,900
—
—
Feb
Jan
2%
Feb
Jan
8'A
Jan
13%
Jan
16 %
14
15%
"
15%
16
"7%
X
_7%
2,100
:7%
1%
•
*
1%
'"%
"3%
12%
"A
12%
-*
;
Feb
16%
Feb
Jan
7%
Feb
%
500
Jan
6%
Jan
1% Jan
3%
*
B
6%
1%
8%
•
Jan
300
5,700
i a
12%
200
7%
3%
100
32
4%
Jan
Feb
% Feb
Jan
12%
Feb
Jail
'36%
Feb
3%
Jan
3%
Jan
21%
Feb
Feb
1%
Jan
8
18
1,600
%
Feb
15%
17%
325
14%
Jan
17%
Feb
10%
1,600
7%
Jan
10%
Feb
1(S
17%'
*
-
% 9%
9%
Feb
Jan
2,500
Feb
3
iV Feb
2% Feb
150
11%
Feb
11% Jan
Jar.
20%
11%
Feb
Jacobs
Jan
11%
Feb
Jeannette Glass Co
11%
11
1,150
9
34%
100
51
51
51
100
29
Jan
34%
Feb
75
34
45
Jan
51
Feb
(F L)
1
Co
Vs
100
6%
preferred
100
preferred—
Jan
1%
Feb
Jan
75%
Feb
Jan
81 %
Feb
79
Jan
91 %
Feb
13%
Jan
13%
Jan
700
75%
50
81
81-
20
69%
91%
20
"
—
100
v
3,100
1^4
75%
75%
.
■
*
Feb
Jan
I
3%
1%
A.
-
.
Jersey Central Pwr & Lt 5
2%
66
3
91%
3%
•
>
3%
•
68%
200
1
1
%
%
1
Jau
Jan
%
400
72%
1
K
Feb
Jan
%
Jan
9%
1
3%
3%
3%
200
•
•
Jan
2
Jan
7%
10
801.
5%
11%
Equipment
2%
£1
preferred B
Jan
11
10
preferred
rrior preferred,—,—:
Feb
Kansas Gas & Elec 7%
Kennedy's
series A
Jan
3
Jan
Co Ltd—
Elec
1
25
5,700
1%
n%
shs—•
_•
*
—II
Interstate Hosiery
Mills—
—*
Interstate Power $7 preferred
*
Investors
Royalty
——-__1
Iron Fireman Mfg voting trust ctfS—_*
Irving Air Chute—
—-—,1
Italian Superpower A
_*
$3.50
400
2.100
5%
30
ii
1*
—
11%
•
Fireproofing common,:
4%
*
Utility class A——
15%
34
Alloys Co
Finance Corp common
29%
2%
i—i
Safety
B—
Class
15%
2%
100
dep rets ord reg
M%
30
5%
,—._
International
19%
■
1
preferred
For
;
: 5%
1
Industries A
International
550
•
Power
&
4%
•
50
Inc.——
Registered shares—
.International
Products
11%
15%
1
Mfg Co common
Gas
Feb
6%
Electric—
series,
Industries
/
475
5
60
t
1,100
15
1
Co
preferred
General
Gen
Feb
20%
Jan
a3 Vb
•
4%--
4%
.
•
7%
Amer
,
,10
Machine—
Cigar
Julian & Kokenge Co
General
86
Jan
11%
100
of North America
International
Feb
61
4%
61
1
common
stock
Electric
Feb
Jan
15%
1
5
participating preferred
convertible
Gen
12%
75
350
1%
£1
•
*
5
&
preferred, 100
preferred
100
....
100
67«
preferred
Insurance
Feb
Engineer—
General
r
Industrial Finance v t c common—,1
Feb
Canada—
Foundation
5 ','o
Feb
-;io
66 %
Feb
3%
300
13%
12%
13
•
Gatineau
Feb
Feb
10
£1
—
Indiana Service
8
*
Gellman
8%
25
25Q
17
Indianapolis P & L 5%%
$1.75
Yards
4%
Jan
Jan
"
24%
_*
rets regis—
Feb
2%
10
Stock
conv
J
Jan
Feb
9%
Jan
113
._—
(Can) coupon
Registered
—
Imperial Tobacco of Canada—
Imperial Tobacco of Great Britain
Jan
8
voting
$3
Feb
6
8
•
Chemical Industries—
dep
30
2%
non-voting
Fuller
*•'
16%
—50
Imperial Oil
94%
2%
B
Co
Jan
7%
7,700 '
-
32%
23%
""a
—
Co
Feb
2,600
A
Conv
Jan
6
75
v-
24%
3%
—
Zinc
Imperial
Feb
6'A
25%
30
3%
5
(Pliilai
&
rets
Franklin
Jan
Jan
22%
200
-
19
—
—_•
Feb
9
„•
Mfg Co
Peter)
7%
8%
v
i
4%
♦
Power -"Jo
Iowa
30
1
1
Airplane—
&
Worth
t
.
convertible preferred,
Div arrear certificates
88
8%
Class
Fox
36%
L—
-
200
19%
T
Securities,
40
9
Class
Fort
Feb
Jan
Co
200
1
Brewing
Motor
Feb
2%
50
66
5%
Illinois
Jan
6
Jan
1,375
•{$
%
28'A
V
iu Feb
Jan
26
6 %
%
30
3%
Feb
:ii
Interstate
Ford
'
500
8%
25
12%
32%
ft
Illinois
59
Aviation—
dep
250
84%
5
Feb
Jan
Ligonier
Hydro-Electric
—
—
Ford Motor Co Ltd—
Am
4%
30
•
Jan
700
4%
55
Mfg
Association
Fire
'A
9
200
12
18%
•
Fibre Corp.
International
Fedders
4
6 %
2,400
9%
19%
Refining—
&
Preferred
Fansteel
Jan
V
Jan
Feb
1,020
Oil
International Hydro
Fanchild
31A
•.
100
——
International
Falstaff
Jan
8
83
,v-
83
t*
—
Feb
200
,
•
common
Inc
Falrchild
Jam;,
-1%
5%
7%
8%
•
.
Huyler's common,
—
i
V to for 1st preferred-
Feb
•
Inc
Eversharp
35%
29%
2
Light 2d pfd A
convertible
Pipe
18%
52% Feb
Jan
1,800
18
17%
__
Jan
19%
39,900
participating
Derrick
Eureka
100
%
17%
%
42
4
Empire District Electric 6%
$3
Feb
'
"
1
_i.l
—
preferred——
2,900
3%
—
Electric
Equity Corp
Feb
1%
19%
■
9%
*
Co common..
&
C»
2
9
4
warrants—
Esquire
'•
8
ft
5
*
„•
•
M—
common
(A
10
9%
2
—
Electrographic Corp
Elgin National Watch Co
Emsco
Feb
1%
Jan
;--,3%
•
<"i '•'
5%
9%
10
,——10
10
10
Inc_——
Hormel
Feb
10
Co
Holophane
1%
•
preferred
Empire
IV2
Feb
Jan
800 i
•*»•••
-V'
—
ft
—,5
common
Consolidated G
Hollinger
3%
common—5
preferred—,;
Emerson
16
a: 300..
30
26%
2
& Co class A
Horder's
Feb
Jan
•
B
Stores
$6
Option
•
200
-
-
^4%.-'
4%
•
t
•
Chemical,;
(R)
Jan
_1
,
Share
&
$5
Electric
43
8% Feb
1 YB
•
Machine
Economy Grocery
Electric
20
Jan
Associates—
preferred
Easy
Feb
-
2ft
25
Jan
2%
•
A—
series
1%
.x*
a*
7%
500
24
Sugar
Jan
100
% 1%
•
common,
30
v
:
1%
1%'
4%
17%
200
48
•
42
4,700
20
47
y.
P
6^8
19%
48
Iftc
25c
■;
1
Rubber
1,500
24
preferred
4%
A 6%
V
:
Hewitt
1%
25
preferred series B
Feb
5%
100
il>
com.,,1
Holt & Co participating A
Henry
3%
24
$7
34%
600
'1,4
1%
•
$6
Jan
106% 106%
J«
_*
Co
3Ve
52
29%
Eastern
27%
2 V»
•
A—
Preferred
1%
50%
26%
Iron
800
8
■ji;r 1%
;
Class
3%
29%
Corp
129
25
{
31%
2l/a
—
Rubenstem——
66
:
50%
Malleable
134
'
100
States
Feb
7%
'
so
preferred——i.——50
Co__
Mining
56%
100
100
Eastern
73
30%
"ii
L——
Corp,,
convertible
1
5%
o
43%
ft
Dept Stores common—i.5
Hearn
—
—
Jan
100
Feb
Jan
1
ctfs——1
trust
CoL„—_
.'•
Jan
Jan
~8
4% V*
Eastern
Feb
2%
2ft;
25
^
Hazeltine
"3%
V
X8V2
X8%
6%
prior preferred
preferred—
Feb
25%
'/s
10
10
Paper—L—
Hat Corp of America ;B non-cot
21%. Jan
X8%
•
common
29
Jan
■
10
Assoc
Feb
3%
ft
Eagle
27
200
134
5
5
Feb
",/
5%
East
1% Feb
.
22%
50
*
•
Co
Jan
>
•
:
Feb
Jan
1,000
*
—
Electric
Hartford
•
1
common
common
pfd—
2%
1,100
—_—*
class B
Hosiery
Durham
$5.50
10
Jan
*
Duke Power Co—
Utilities
Lamp
Heller
10
Harris Co,.
Driver
1%
125
<
Feb
Jan
; 500
25%
Feb
99
71%
—
.
62%
Jan
14%
•
Corp
Draper
(
l5/*
Feb
7
Jan
96
5,400
A
>
Jan
.
Jan
4%
8
Jan
2
30
5 %
4%
*
„
Jan
l'A
300
~4% "4%
4%
25
Coal B
&
31
•
4%
common—25o
—25
Lime & Alabastine
Heyden
Dominion
Jan,
26%
29
31
preferred
Harvard
;
1
.
14
4%
.—'—25
62 %
;,y,
15%
1
common
Jan
i;
4%
.,100
Jan
%
16
5,500
12%
400
25%
*
stock
Products
States
Hartford
Feb
110
.
"2%
Feb
;
-
29
,5
Paper,
Stores
Hammermill
Feb
54
10
*
Vilbiss Co common.,
Diamond
common
Oil Corp___—
Hall
Feb
—
~2%
Feb
4%
4%
375
"l%
1
r
x8%
900
2%
10
Jan
45
Tea—
preferred
Northern
6%
Gray
Detroit
Feb
Jan
H
Feb
1%
50
—:
,
Pacific
&
Greenfield Tap & Die,,,
Feb
110
__
1
1
Foundry
Detroit
Jan
5%
99
aa
•
n%
Feb
24%
800
2%
': "
,i,A
Jan
Jan
3%
2
—
Jan
89%
Feb
Jan
11%
80
13%
•;
8%
15
450
i—'
12%
•
1
20
_
Mfg
&
104%
Jan
7
98
98
10
i
Non-voting
Gypsum
-*
Derby Oil & Refining Corp com
Jan
Jan
4%
400
;
31
6%
•
—
Co
Atlantic
Feb
2% Feb
1% Feb
Mfg
Gulf
100
debenture
100
14
28
•
Gulf
50
prior preferred
$6
8%
125
300
Feb
Feb
7
Feb
11
A
common,:
Grand Rapids Varnish
Grocery
5
Feb,
%
4%
xl3%
13%
50
class
Mfg
Feb
24
J >n
Y
\,
Jan
%
24
23%
2 %
Feb
34%
Feb
Jan
1%
%
4%
Jan
1%
4%
31
1
Mines—
Co
preferred
1%
1%
200
—1
Stores
Dennison Mfg class A common
Dejay
Inc
Gorham
Jan
8,400
%
4%
_•
•
■
21%
A
1%
30
Jan
•,31
45
•
;
—.
Jan
10%
i%
35
convertible—
A
B
Jan
A
11
3%
25
89%
*•
Coal
Sugars class A
preferred,,
Gorham
5
*
1
common
Feb
106!
100
•
4%
*5%
5%
•
—
•
15%
D
Davenport Hosiery Mills
Rubber Mfg
Feb
66
Jan
_*
Alden
82
Jan
$6
Dayton
~1%
Jan
*•
.
*
common
Co
Jan
500
10%
18
2%
Jan
52%
103%
34%
103%. 103
•
—
5%
13%
4%
i'
•
'
%
420
-
.
"i%
19%
1%
Felji
10
66
106
34%
1
Preferred
$7
10'A
Feb
42
Feb
15
21%
64
106
100
;
preferred
(A C)
72%
Jan
'
79
15
pfd A
Georgia Power $6 preferred
2.50
5
common
(Mo)——
Curtis Mfg Co
Feb
1,500
Rubber 6%
preferred
Feb
9%
11%
1,900
1%
1%
5
*
Sugar
Cuban
$3
13%
Jan
iff
•
10
common
Tire &
Jan
30
3,200
1%
1%
<
65 '
*
preferred
Water Gas & Electric common
Jan
~5%
i%
5
•
25c
—25
Cent
Crown
Gen
Jan
A
'
8
*
Milner & Co
Petrol <Md)
Crowley
convertible
$6
Feb
87
Jan
5%
Iff
5
*
1
Liquidating Co
Brewing Co
W
C
Feb
5%
~5%
*
1
50
Petroleum——
Creole
Feb
8%
9%
1,800
(ord reg)„£1
receipts
dep
1%
Jan
8%
5,500
U
Courtauids Ltd—
American
Jan
61
10
42
42
High
Low
10
70
stock
Co A
Rayon
Range Since January 1<
Shares
High
70
♦
General Shareholdings Corp com——,1
37%
12%
11%
Petroleum common
convertible preferred
Cosden
General
9
13%
•
*
*
5o
——-—-—1
common
General
%
76
20
87
-1
•
Varnish Co—
Cook Paint &
Cooper-Bessemer
87
-100
prior preferred
Continental Roll & Steel
Jan
5%
Low
pfd
100
Public Service $6 preferred—*
General
Continental Gas Sc Electric Co—
7%
107
Sales
for Week
of Prices
Outdoor Adv 6%
General
Jan
4%
Jan
Jan
1
Sale Price
26
Par
Feb
37
Jan.
3%
4,100
"i%
—10
—*
Oil—,
Royalty
Consolidated
31
175
36%
107
100
preferred
8%
35%
Ltd——5
1
& Smelt
Mining
Last
Exchange
Feb.
High.
Low
High
Low
Par
Curb
Ended
Week
Range Since January 1
Shares
of Prices
Sale Price
26
Feb.
Ended
Week
York
New
Week's
Range
Friday
STOCKS
Sales
for Week
Range
Last
Exchange
Curb
Week's
Friday
STOCKS
York
New
*15
14%
103
15
400
103
10
Feb
13%
Jan
96
Jan
11
3%
7%
15
106%
Inc
Ken-Rad Tube
Feb
Kings Co Lighting
5%
& Lamp A
7%
Kirby
Products—
Petroleum,.
8
•
100
200
Jan
118
%
Jan
7
5%
Jan
8%
6
Jan
Feb
Feo
100
47
Jan
47
Jan
32
Jan
36
Jan
1
Kingston
Jan
7
100
pfd B
preferred D
Feb
115%
100
5
Feb
Feb
preferred
_
2%
2%
2%
1
2%
2%
3
2,500
1%
Jan
2%
Feb
600
.1%
Jan
3
Feb
Volume
Number 4155
157
THE COMMERCIAL
STOCKS
~
York
New
Curb
:
:
Week's
Friday
Exchange
Ended Feb.
Week
Last
.
2(5
■
\'
of Prices
1
Klein
STOCKS
New
Shares
Range Since January 1
LotoL High
*ar
Kirkland Lake G M Co Ltd
Sales
for Week
Range
,
Sale Price
& FINANCIAL CHRONICLE
v
Low
v
"
Klelnert
common
Rubber Co
(I B)
Knott Corp
Co
■
6%
97%
4%
Kreuger
1st
preferred
Co—
4V«
Feb
Nelson
Feb
10
Feb
Neptune Meter class A
92 4
Jan
97%
Feb
Nestle Le Mur Co
1
200
13
Jan
13
Jan
Co—
5Vi
1
—
xl3
5 Va
300
4 Va
Jan
5 %1
(Herman)
105
Low
104% 106
70
'
High
Jan
16
Feb
Feb
105
110
Feb
Jaii
4%
8%
Feb
8%
Feb
1%
~2%
100
1%
Jan
2%
Feb
2
Jan
33
35
1,200
25%
Jan
35%
9%
Corp
Jan
11%
Feb
87%
Jan
101%
Feb
3%
—
——-
class A
•
1
TOO
preferred
preferred
$2
Range Since January 1
High
12%
England Power Associates.
6%
xl3
Shares
1st pfd
90
6%
Low
.100
preferred—
200
Jan
Sales
for Week
Range
of Prices
—._
6'/*
New
10
Brewing
Oil
Navarro
97',2
96'a,
Last
Sale Price
26
Par
Jan
—100
special preferred-
(S H)
6 V#
.
Week's
Friday
Exchange
Feb.
10
—
Inc
convertible
Kress
%
Nehl Corp
_1
'»
Jan
—10
common
Stores
%
Nebraska Power 7%
Koppers Co 6%. preferred———100
Kresge Dept Stores—
Kobacker
400 "
Curb
High
,
•
Emll)
<D
j
York
Week Ended
34
*
T
Jan
Feb
Feb
Feb
'
New
England
New
Idea
Clock
Haven
New
(N J)—
30y4
3114
—100
270
11V4
17,900
201/2 Jan
1'
3Vs
Lamson Dorp
5
93/T
'2%
3'/2'
3%'
Delaware—/
Lane Bryant 7% preferred—^—100
Lane Wells Co common————1
i
:
3%.3
81/3
2
1,500
%
100
8%
9
■' 9
•
•
Development—
(R G)
-
Inc
^
-
.
'ty;
e> V«
2,200
y
5
common
—*
—4
.
Locke Steel Chain
,
Lone Star Gas Corp
*
common
7 %
preferred class A
6%
preferred class B
Packing
Loudon
Land
Louisiana
Lynch
&
Power
Corp
&
1 Va
1V8
■
13 Ms
•
;
Light $6 pfd
7l/4
28%
"
27
-!•/,
1
25%
Honduras
Y Power & Light
Jan
6V4
Feb
N
Y State Electric &
%
Feb
N
Y
Feb
Niagara
14
-
.
,
Jan"1
Feb
30
,
preferred
$6
N
Y
Founders
!
'
1st
preferred
preferred
Feb
Class
A
optional
Jan
1%
Feb
Class
B
optional
2d
Jan
14
Jan
1
Feb
30%
Feb
650
20
27%
Feb
Nipissing
5%
Feb
Noma
6V2
Feb
North Amer
7%
Jan
7,500
2%
Jan
x6%
28,600
5V«
Jan
Jan
Class
A
Jan
105
Jan
Jan
24
Mines
S5
Stores
,
Mapes
preferred
Mfg
Co
Co
B
1
common
&
Co—
Stores
Merchants
&
preferred
Chapman
6%%
5»/4
5»/f'
1%'
2
9%
9 Va.
9%
5%
.
135
3%
Tib
Feb
26
-
&
Scott
400
60
-
3%
125
Textile
y•
21"
•
21
2
1
107
1%
5 V«
f*
*
;»
31
States
Ohio
Power
4%Vo
Ohio
Public
Midland
Steel
)\
Products—
Oil
Midwest
Piping
5%
Co
7
Feb
y
Minnesota
Mining
Minnesota
Pwr &
I
2,000
%
•
•»:
:•
4%
'••••.
V
/
6 %
Jan
4%
y
w
8,116
5%
Jan
x3 %
2,600
1V«
1%
6,600
6%
17,000
■
/r-y/;.
$3
Mock
Public Service
Jud
Voehnnger
Molybdenum Corp
Pictures
Monroe Loan
17 Va
y;
Jan
3'a
Jan
3%
Jan
4%
97/a
11%
17,700
91
Feb
A Jftn
Feb
Jan
103%
Feb
8%
Jan
11%
Feb
500
%
Jan
1
3%
Jan
3%
:iii
Jail
Va
52%
Jan
62
15,400
Feb
Jan
Feb
24%
24%
Jan
22%
Jan
25%
Feb
23%
Jan
25%
Feb
51%
Feb
52
Feb
,51%
51%
100
170
•
•
% Feb
Feb
4
Feb
Feb
92%
93
;
82
70
Jan
93
Feb
104%
Feb
9%
Feb
4
Vis
Jan
6%
Jan
16%
Jan
21 Va
Feb
25
A
6
5%
21%
6 %
1,100
21%
21
700
Oliver
Feb
Omar Inc
Feb
Feb
106'%
Jan
113%
Feb
10
107
Jan
109%
Feb
75
104
Jan
104%
Feb
8 Va
Jan
10
167 k
Jan
187k
Feb
Jan
49%
Jan
110
Feb
114
Feb
7%
Feb
8
Feb
3%
Jan
5
Feb
3%
Jan
4%
Feb
60
30
104
J04 %
5
:
—
—'
r.-vj.
■
104 '/a
.
—
—15
18%
18%
100
50
•
Filters
110
112%
•»
B
112%
110
8
200
7%
•
1
__
Overseas
Feb
94%
125
93%
107 V* 107 V*
—
100
prior preferred
United
19%
Jan
19%
111% 111%
111%
.100
common
Jan
Jan
19%
92
w'.
93%
100
__
Feb
2-'8
17%
91
2,500
3
'
—
pfd
3
2%
48
»
.
'•
.
Securities
y
4%
4%
100
Feb
Feb
31
•:
Feb
Feb
.
'
5%
7 Va
-
■
.
V
■
■
Jan
Jan
Jan
5%
-
28%
28
29%
2 %
.
1%
:??8"
Gas
Feo
5 % Vc
7%
V
2'/a
8
2Vs
Jr •'
—
Pacific
Lighting $5 preferred
Power
Pacific
■/>
$1.30
preferred———-
Feb
Page-Hersey Tubes common—-
Feb
Pantcptc Oil of Venezuela Am shs
Jan
Jan
1%
50
1,000
Corp
—
Parkersburg Rig &
Reel
Jan
Patchogue
Plymouth
Jan
8
Feb
Peninsular
Telephone
18%
Feb
2'/a
Feb
Jan
2%
<
Jan
Jan
$1.40
preferred
.:
Mills
6 %
7%
Jan
Jan
1%
•'-V 55
Pennsylvania Edison
Gas
Elec
&
Jan
Jan
6%
8
Jan
10%
Feb
Jan
7%
Feb
Penn
Salt
Jan
20%
Feb
Penn
19%
•
20%
Feb
Penn
Water
650
"i%
common——1
1%
2,600
> IV*
%
17
18
6 y
~6
Feb
5%
100
;
101
Jan
1%
Jan
•
1
10
Jan
33 Va
Jan
29%
Jan
500
102%
Jan
106%
Jan
3%
Jan
Feb
Jan
80
4%
Feb
Feb
43,600
12%
500
16%
72%
5%
Jan
79%
Feb
3%
Jan
5%
Feb
Feb
—
:
—
—
:
J
14
/
11%
Jan
19
Feb
Jan
12%
Feb
.
■.
4
9%
—1
4
9%
__
*
50
4%
11,700
10%
2,600
—
♦
com
32
%
Jan
31
Feb
32
Feb
32
Feb
3%
Jan
9%
Jan
28
Jan
4%
10%
Jan
Feb
44
%
200
53
Feb
Jan
28
Jan
%
Jan
500
87%
Jan
27%
:
__
.
Jan
28%
—
32
__
1
28
„
„
;
25
9%
%
Feb
Jan
1%
Jan
Penn
Power
$6
,6
&
Light
$7 preferred
preferred.—.
Feb
Pepperell
Feb
1%
-
9%
Jan
Jan
t
4%
Co $5 series pfd_*
class A
Sugar Prop
5,800
6%
10
Jan
31
73
4%
—
5%
•
•
-
i—
Penn Cent Airlines common-/—;
5%
900
4%
*
;
common
A
Pennroad Corp common
100%
x9 Vt
20
__
__
*
1
—
Co
Jan
1%. Jan
'
Feb
2,000
Feb
29%
Motors
31%
104% 106%
__
—
•
Feb
Pen
106%
•
9%
18
31%
28%
100
1 %
i
8%
__
—31%-
»
pfd
6%
1%
300,
8%
1
_i,
1st
Light 7%
Service
Jan
14
/
•
Utilities
&
Public
__
25
25
$2.80 series preferred
2.50
—
pfd
Jan
6%
50
52%' 55%
55%
1st
25%
800
2 Va
6%
Pacific
Paramount
1,300
r
•
common
preferred
15%
••
600
18%
Co
& Elec
1st
Feb
%
150
18%
18%
*
Can
Pacific
Feb
5 Va
■'
Feb
1
-y
4%
pfd—100
common
A
Jan
50
Jan
9%
r-
-
18
•
common
Society
Dakota
Montana
61
1/128 Jan
500
11
V
1st
Natural Gas
conv
Feb
100
Monarch Machine Tool—-.
Monogram
.
Feb
preferred.
Parker
18
•
*
pfd
Mississippi River Power 6%
Jan
8%
common
7%
Oklahoma
Penn
Missouri
Jan
104%
preferred
Jan
%
,
1V2
Jan
15%
•
1
Mfg
&
B
V
it
10
i.
;
Light Tib
54
1
pfd_100
preferred
7
Pacific
%
;;'5%
1%
50
—
Mining Corp of Canada
class
$6
1st preferred
Oilstocks Ltd common
Jan
108
Jan
♦
Supply—
Refineries.
Co
6%
7%
:V;
Jan
4%
•
1
&
4%
3
Jan
21
Jati
i'«
1,100
4%:
6%
—
>
-
Ab rasi ve—
Midwest
::.
5 Va
;
5
common
common
;'T
1:1'
111
;
-
$2 conv preferred—*
$2 non-cum dividend shares
Midvale Co
60,500
"4%
*
Service
"
1
Corp
Corp
28
850
32
10
Power class
Brass
2
Jan
'
5
1
v t c_l
t c—
v
Oil
20
Jan
50
—:
Corp
Edison
24
Jan
1
2%
—-100
Ohio
3%
■
Jan
98%
Jan
O
Feb
6,400
10
/
-
Middle States Petroleum class A
West
100
1%
5
Publio Service 6%
Ohio
135
Jan
-
17,400
1%
""A
iV
2.50
y' Preferred
Midland
Oil
Pipe Line
Feb
Jan
Jan
5
y,
Jan
30,300
59%
a*a
•
preferred
Jan
10
Jan■
1,600
30
1
Michigan Sugar Co
Mid-West
8,300
Feb
43%
•
Steel Tube
Mi d-West
7%
107
1%
15
Michigan Bumper Corp—
Class B
107
105%
Jan
—25c
;
Micromatic Hone Corp
Co
5%
Jan
Jan
19
50
% ■■■■■',.%
6
%
Participating preferred
1
Metropolitan Edison $6 preferred
Michigan
7%
100
Corp
RR
2
c.
2f'a Jan
1,200
19%
Jan
36%
%
Feb
Jan
-
58
Jan
102%
42
Feb
ui
Jan
8
2%
16%
80
•
Texas
Northern
Jan
4Va
Jan
IV4
-
21
•
preferred——
A
59%
2%
650
120
43
Feb
13
Jan
4%
200
19%
104%
42%
3 /: Jan
Jan
1,400
■
135
3'/a
•
Messabl Iron Co
Middle
3%
class A__1
Warrants
Metal
Jan
800
•
common
Penn
$5%
Merritt
,
-
•
Manufacturers
Participating
Jan
2,600
i!r
2
b
common
4%
19
104
2%
Ogden Corp common
•
♦
Memphis Natural Gas
Mercantile
3%
A
„♦
-
Dredging-
Mead Johnson
Jan
11
4%
Feb
19%
50
Utility Securities
Central
Novadel-Agene
1
McCord Radiator & Mfg B
70
Rayon class A
common
Nor Indiana
4% Feb
Jan
26
•
t c
v
Jan
*
Northern
•
,
Feb
99
1
American
North
Feb
Com¬
—
Mass Utilities Association
%
■y;
-2% - Jan
57
40
-
_•
Marine
Marion Steam Shovel-
McWilliams
600
70
Ltd
Margay Oil Corp
Massey Harris
66 (2
2
International
munication
4 Vt
4
70
V..v% Jan
_•
^
107
Feb
95%
—
5
prior preferred
North
474
•
*
(The B) Co
Consolidated
Marconi
1
j
convertible
Manischewitz
Jan
__
Power common—1
Light &
preferred
$6
Northern
Mangel
102
106% 107
—
Feb
M
200
40
106%
♦
;
Electric
6%
%
Jan
Feb
"
Class
%
3%
20%
100
preferred
North American
Manatl Sugar optional warrants
2%
Feb
Jan
5
Nineteen Hundred Corp B
18%
Feb
—
Niles-Bement-Pond
Jan
103
3
Jan
32
Niagara Share class B common
Jan
—
Feb
18
10
warrants
57e
Jan
V
3
,
50
warrants
.
iV
500
300
3
100
100
100
Feb
6 V2
•.
Feb
2 Va
3%
43
-
8%
21%
24
31
20%
104
Hudson Power common
525
27 Va /
Jan
3%
100
pict
19 Vi
3,200
28
3
•-
Feb
100
20%
pfd_100
Gas $5.10
6%
7,700
'
Jan
600
i
1;
-
Service
!«
7%
;
22%
shares
Water
Jan
12%
IV4
2
31
—
—
Jan
5%
5%;
•
350
Feb
62%
Shipbuilding Corp—
57o
;
;
Feb
15%
Jan
.
10
7%
%
5%
Jan
1%
.
7% preferred—100
*
Feb
%
.
Jan
600
Jan
13%
57%
—10
17%
"•
y
warrants—
Rosario
Merchandise
30%
•
4
5%/:
x6Vk
24
14
%.
-jj
5
common—
Si
Y
•
Feo
Jan
V,
2,200
'■
1%.;
13%-.
7 Va
'
100
-■
Exploration
City Omnibus
Y
N
"
8%
y
W':
;_100
_
Louisiana
Y
N
Feb
'
'
•
Long Island Lighting
8
—
5
;
-
8%
25
N
Jan
4%
200
31 7"
y
•
:
200
2,300
1%
common
~2%
Feb
24%
—
__
Co
5%
14%
62%
Feb
Jan
Hy
Auction
Y
Feb
9
4V4
31,600
%
'
I
Lipton (Thos J) Inc 6% preferred
Brothers
Land
Arizona
&
3%
Jan
12 Va
;;
5%; y 6%
-
1
N
N
_25
_
Line Material Co„
Lit
;
3%
101
%
1
Convertible preferredLehigh Coal & Navigation
Le Tourneau
•
New Process Co common™.———
11V4 Feb
Feb
2%
—
Lefcourt Realty common
Oil
Feb
Feb
6:14
600
Jan
Jan
3»A
200
'
;
Langendorf United Bakeries class A„•
: Class B
■
—.
* y7__
Leonard
31%
,•
4%
90
14%
—~
,
96
61%
■—.
—_
—
'
Lakey Foundry & Machine
of
31V«
Co
Zinc—
Mexico
New
RR
Lake Shore Mines
94%
Inc common-*
New Jersey
Lackawanna
Tel
Tel &
Perfect
Mfg
&
87%
•
Co
::
76
Jan
40
75
Jan
"
175
150
Jan
57%
.80%
xl66
250
82%
170
90
Jan
82%
170
Feb
Feb
—
—_•
56
:
100
Co
107
225
26
50
4%
5
400
6%
__
109
26
107
•
Co
86%
\
82%
169%
-
20
common
Power
Mfg
Circle
*
50
Co
7%
600
51
Va
104
Jan
57%
Feb
Jan
109
Feb
Jan
26
Feb
4
Jan
5
Feb
5
Jan
7%
Feb
Feb
21%
'
Montgomery
Ward
Montreal- Light
*
:
Moody Investors partic pfd
Mtge Bank of Col
Mountain
Mountain
Jan
171%
Jan
Pharis Tire & Rubber
1
21%
Jan
21%
Feb
Philadelphia Co
♦
23
•
%' 23%
50
20 Va
Jan
23%
Feb
~2>/h
~2%
3,600
~1%
Jan
"2%
Feb
5c
States
States Tel
Power
6'/o
Murray Ohio Mfg
2 %
10
common
Producers
Mountain
Mountain
6%
1,500
6 %
common
-
& Tel—.
Co„
Phila Electric Power 5%
200
2%
-•
•
-
7
6%.
;
6%
6%
•'
—
Securities
y
Conv $3
6%
Jan
'14%
Feb
Pierce
Jan
118%
Feb
Pioneer
9
Jan
10%
Feb
Pitney-Bowes
Jan
13%
Feb
Pitts
6%
Feb
/
12%
-
4%
25
100
57
Jan
Jan
-
-
57
Feb
Governor
Gold
Bess
N
National
Bellas
National
Breweries
Hess
common
1
-
common
National
City Lines
$3
convertible
National
irf
Feb
Jan
A
Feb
preferred--—,,
Container
1
11
•
Mfg & Stores
•
10
♦
common,
xl6%
45y2"
50
(Del)
Polaris
Plate
__
17%
45%' 45%
9%
9%
11%
10/
•
15%
100
44%
9
2,500
8V2
1,600
Sugar
&
Corn
&
of Canada.
Feb
Premier
11%
Feb
Prentice-Hall
10
Jan
Pressed
Gold
S6
Pwr & Light $6
pfd unstpd—*
preferred stamped
_•
National Refining common
National Rubber Machinery
I
National
Steel
National
Sugar Refining
Tea 5V»% preferred
National
Car
Ltd
National Transit
National
National
For
Trjnnel
Union
-
&
Mines
♦
see
93%
v
500
5%:
~4%
9V4
5%
10
12.50
-
•
801.
87%
-
Jan
93%
Feb
5%
500
3 Va
Jan
600
6%
Jan
10
Feb
Feb
40
40
11%
11%
50
Feb
40
Feb
9%
Jan
12%
Feb
7
„
.
600
Jan
-11
Jan
.
40
—»
1%
11%
12%
1,700
2%
12%
2%
1,800
1%-
1 Vc
600
2%
%
Jan
Jan
14
48%
48%
5%
Jan
5%
Feb
Jan
14 Va
Feb
49
Feb
Jan
9%
1 Vo
Jan
1%
7%
200
6
Jan
7%
Feb
39%
50
38
Jan
39 Va
Jan
51%
54%
520
47%
Jan
54%
Feb
12%
200
10 V8
Jan
12%
90
54%
8%
10,500
12%
„
Jan
1,300
1%
39
—
42%
9%
1%
7%
1%
450
8%
—
7
Jan
12%
Feb
2%
Feb
1%
Feb
10
25
1
7.50
10
5
5
*
——•
Mining
91
91
Corp
common
of
America
of
Nevada
1
—1
*
3%
—
11%
--
Feb
Feb
--
11%
84%
Jan
700
2%
Jan
3%
Feb
200
8%
Jan
11%
Feb
i7,r Jan
""lO
Feb
—
7,200
!A
6%
7%
2,100
3%
Feb
7%
5%
600
4%
Jan
5 %
Feb
5%
Jan
5%
Jan
Jan
22%
Feb
--
--
/4
22
!i!
,«
%
250
22
j«
4%
%
34
4%
%
19
2,800
--
—
—
Feb
Feb
700
3%
5%
—
22
11%
—
%
6%
1
•
„
as
4 /2
/<
100
Jan
Jan
3%
Jan
13
Feb
5%
Jan
%
Feb
34
iV Jan
2,700
Feb
Jan
5
Jan
5
Jan
7%
Jan
8
Jan
—
Providence
Gas^..—.■;■
of Colorado—
/;.< y
6% 1st preferred———
100
y,
1 __
-7% 1st preferred
100
111/8 111./a
Puget Sound Power & Light—
,—,y
oV
$5 prior preferred
*
^
^lr2 21/?
$6 preferred-—,™
®
48°8 -dovs
Puget Sound Pulp~& Timber
*
9%
8%
9%
Pyle-National Co common..
5
—
—
-~
Pyrene Manufacturing.——10
—
8%
8/a
'
11%
10
30c
page
92
931 •»
Public
•
3-*'
Radio
footnotes
-
50
-
Inc
Metals
Producers
•
common—
Prosperity Co class B
National
50
25c
Lambert Co__
46%
Feb
common
Alexander
Pratt
17%
Jan
common
Scale
Jan
Jan
Jan
400
Glass
Mining Co
Potrero
Power
*
xl6%
•
RE.
Valley Wine Co
Powdrell
—l
common
National Fuel Gas
National
•a
6,000
12%
—•
Candy Co
National
Jan
10
200
:
Jan
4 %
8%
31%
5%
12%
48%
.
32%
■700
11,600
5%
13%
1
Meter
Metallurgical
Inc
Plough
12%
*
Pittsburgh & Lake Erie
Pneumatic
12 V4
10
Ltd
—
:
—
Jan
Pleasant
__
E
1V4
1
common
Postage
—
25
♦
common—-;
Mines
L
&
Pittsburgh
Pittsburgh
1
pfd
Co
preferred series A
Jan
13 %
.
10
10 Vs.-10%
4%
Packing
Phoenix
112%
•
■
118% 118%
_*
;;
-
Muskogee Co common
6%
preferred
■
100
Ring-
Nachman-Sprlngfilled
common
Phillips
Am shs
City Copper
Muskegon Piston
166%
•
A
Heat & Power
Service
105%
Feb
106%
Jan
20
111%
Feb
114
Jan
108%
Feb
400
101%
Jan
2,400
45 %
Jan
400
7%
Jan
9%
Jan
8%
Jan
8 %
Jan
7%
Feb
8'a
Feb
100
52
Fcl)
THE COMMERCIAL & FINANCIAL CHRONICLE
800
Monday, March 1, 1943
NEW YORK CURB EXCHANGE
New
York
Curb
Week's
East
Exchange
Low
Par
STOCKS
for Week
of Prices
Sale Friee
Week Ended Feb. 26
Sales
Range
Friday
STOCKS
New York
:
Week
Range Since January 1
Shares
Low
High
High
,
*' •'
■
,
Par
•
Quaker Oats common.
6%
preferred
—
Quebec
Co—
Power
....
X82
70
Jan
x82
120
146
Feb
156
R
%
%
—..10
10
A......1
Rath Packing Co. common
—10
Raymond Concrete Pile common......*
..
$3 convertible preferred..
...—-.*..
Raytheon Manufacturing common—50c
5
Red Bank Oil Co
1-—..—,1
%
Reed Roller Bit Co.—.————24
Reiter Foster Oil Corp...,——
50c
■•■%
.Reliance Electric St Engineering..
5
9%
22,700
Railway & Light Securities
7%
Jan
100
%
Jan
%
15%
15 Va
900
13%
Jan
15%
Feb
Taggart Corp common...
Tampa Electric Co common..
"4%
~5%
4,000
Feb
Technicolor Inc common.
Texas Power & Bight 1%
%
"
%
4,120
23 %
%'
'
n
~5%
2% Jan
%
21Va
500
24
~%
%
Jan
24
Jan
~3%' ~4'/4
12,300
1,300
,
.
3
12%
Feb
7
4%
Jail
10
500
10
10'/a
Co——1
.
9%
9%
Rice Stlx Dry Goods.
—_—*
...
1 % • 1%
Richmond Radiator.——11%
vV %;; %
Rio Grande Valley Gas Co v t c——1
—
Rheem Manufacturing
Thew
pfd D_.^.100
Inc..—.—.——*•
Royal Typewriter—.——.——^...*
Royalite Oil Co Ltd—
10%
■
9%
Jan
Petroleum—
Ryan Consolidated
-
si
800
Jan
600
•
Jan
93%
Jan
14%
Jan
200
3%
2%
common.......—1
2%
Jan
4%
-5
56
St
19
Feb
Jan
5
Feb
.600
v.
3%
.
4%"
4%
300
3%
Jan
4%
Oil Co
Salt Dome
Oil
Savoy
Schiff
.100'
...1
<.*—.... —
3%
800
3%
Jan
3%
Jan;.
1
Feb
3%
Feb
%•
1
1
1,300
is Jan
-
Co
2%'
122 '
122
Co.————— —5
common—.—.-———*
y»
Co
•
common..—
1%
800
%
Jan
1%
200
12%
Jan
13%
%
1,000
%
Jan
22%
Jan
28
Jan
28%
Feb
%
.
'
26%
.26%
27%
28%
OR
-2,000
;
Feb
Feb.
U Jan
17%
Jan
x21 %
Feb
47
Feb
52%
Jan
7%
80
;
9%
49%
49 %
9%
100
10
Jan
10
29%
32
;
1
2,600
Jan
-200
:
1%
6%
29%
%
-5
%
%
5%
6%
6%
2,400
:
•
%
5,700
2,450
,
56%
58%
Serrick Corp class B
...
'
-
.%
%
Jan
6%i
Feb
Feb
13%
Jan
3%
5,000
%
Jan
Jan
3
6%
.
'
Jan
■fe Jan
60
:
Feb
200
* -
Shawinigan Water & Power..—...
Sherwin-Williams common.——. *~25
.100
5% cum pfd series AAA
3 V2
/" 3 vb
.
5
>
Jan
2%
5%
14%
14%
14%
100
14
88%
700
83
:
Jan
86
(
Jan
Jan
3%
Jan
87
Feb
15
,
Jan
90%
Feb
Feb
113%
Jan
12%
Sherwin-Williams of Canada——.
Jan
12%
Jan
Jan
1%
Feb
116
8% Jan
500
2%
2"%
5,400
56%
57%
110
%'
1
700
1%'
1%
■'2
8%
8
8%
%
1,600
1,300
11,200
~6%
3,500
•
3%
Jan
Jan
Jan
:
2%
4%
9% Feb
"5%
,
Feb
20
3% Jan
17% Jah
4% Jan
%
Feb
Feb
21
Feb
5% Feb
% Feb
Jan
Jan
45
Feb
'2% Feb
3
Feb
reg
1% Feb
*
—
,53
,103
-
__1
—
V
10
warrants
i
•
%.
•
~6%
....
6%
46%
Jan
103
Jan
Jan
109% Jari
1.
A, Jah'
-1%
Feb
'2% Jari
Jan
1
8%
6% Jari
t
aJan
Feb
% Feb
2%
500
7%
7%
■"~1va'a-
-
2%
2%
i;
39
2%
•
6% Jan
|
2% Feb
7%
2
1,500
2,700
~3
,
,
Jan
2% Feb
Jan
'
*3%
Feb
.Feb
49
Jan
1%, Jan
200
"3%
"6%
4%, Jan
250
•2%"
45
Corp..........
Manufacturing Co
Gas of
Feb
'
Realization
Union
Jan
61
:;
Chatillon
Unexcelled
2%
Jan.
,108
X57
Canada..—.i.
1% Jan
2
Jan
3
/
,
Feb
4
Jan
Jan
6% Feb
'5/;
Union Investment common—...
United
Aircraft
10'
x9%
X9%
Products.—..,
$3
United
12
%
21,100
sia
''
58,100
afa,
:
1%
1%.
117% 118%
warrants....
Option
A,'.
600
A
..
'
1st
$6
%
»»
1,800
23%
26%
9,700
:
16
26%
participating preferred..—.
1%
119%
Jari
f
'
&
% Jan
./;'■% Feb
'
26%
34
Feb
80
...
.100
Sharing—......
Feb
85
Jan
Feb
250
preferred.
Machinery common
United
250
-10
Preferred-'
68%
500
%
4
66%
43%
200,
1,500
68%
4%
i'a
Feb
63
■
4:
68% Jari
44% Feb
44%
Jan.
5%
1,500
4
Jan
5% Jan
4%
8,300
2%
Jan
4%
Feb
8>A
%
50
7>/a
Jan
8%
Feb
900
%
Jan
68%
69%
150
8%
9%
4,100
'
1
.......
..1
Plywood $1.50 conv preferred—.
3%
4%
U S Graphite common.....—.. .5
U S and International Securities
$5 1st preferred with warrants—.
U S Lines Inc preferred.
........ 10
8%
%
Vz
■
!•'
~9%
Rubber
■
60
8
"2
1%
*
Reclaiming..—
;
H Feb
Jan
69%
Jan
Feb
9%
Jan
28
20
U S Radiator common—. ,.1
S
Feb
Jari
43
5
United Specialties common—.—— -1
U S Foil Co class B——
Feb
%
Jan
2%
60
-25
——
%
•3%
-25
Shoe
Feb
♦
'
-25c
Profit
10 %
U
Feb
Feb
dep rets ord regis.——.
Amer
United N J RR & Canal Co—...
United
U S
Feb
Feb
Feb
Molasses Co Ltd—
United
?
Feb
29%
United Milk Products——
$3
%
13% Feb
Jan
■/V.Vio Jan
,*
Va Jan
A Jan
21% Jan
523,900
A
preferred
%
115
500
Feb
1
Jan
Jan
12,200
United l ight & Power common A.
Common class B
Feb
Jan
57% Jan
fc Jan'
10
United Elastic Corp—.—.....
United Gas Corp common
10
12
57% Jan
,
Cigar-Whelan Stores..;
Corp warrants.^.—......
United
Jan
1
& participating pfd—
cum
Jan
6%
4,800
United Chemicals common——
Feb
28% Jan
1,700
1%
Jan
2
Fee
2%
600
1%
Jan
2%
Feb
2%
2
8,100
common——.———^...
Simmons-Boardman Publications—
$3 convertible preferredSimplicity Pattern common.——, —1
.100
Singer Manufacturing Co.—
Singer Manufacturing Co Ltd—
Amer dep rets ord regis..:—. ..£1
Sioux City Gas & Elec 7% pfd— .100
...1
.Solar. Aircraft 'Co———
Corp.—-—
Manufacturing common-
-.1
South
206
400
1%
209 %
70
1
175%
Jan
228
Jan
98
Jan
2%
Jan
"2%
:
2%
3%
2%
40%
2vb
.
800
2%
Jan
2%
Feb
2
2%
Jkn
2%
Feb
x3,;
3,600
2%
Jan
3%
Feb
3Va
-200
1%
3fan
3%
Feb
100
2%
Feb
3%
Jan
800
37%
Jan
27s
44
44
Feb
Wall
2
Paper
Universal Consolidated Oil
U m versal Cooler class A_—
...
if;'
2,800
2%
2%
11
—10
•
]<r
4%
11
4%
200
4%
Feb
Feb
14%
6,500
9%
Jan
59%
50
43%
17%
17%
50
14%
2%
Jan
2% Jan
Pa
40
Jan
41 >
31
31
300
29%
Jan
31
29%
29%
100
28%
Feb
%
Jan
225
400
1
45%
Radio Products.————-1
2
""il
lOo
—.1
Feb
15
Jan
Jan
59%
Feb
Jan
17% Feb
Feb
49
Jan
49
<
Feb
2% Jan
% Jan
k
.1
Feb
37
Jan
Feb
29% Feb
300
49
~~tt.
X48
•
Feb
Jan
5%%
48%
—1
Feb
1
Feb
6%
•
4%
14%
Jan
15
...—
Equities common———,
$5.50 priority stock...
...
Feb
Feb
Feb
59%
Universal Pictures common......
.1
Universal Products Co——..._—*
Utah-Idaho Sugar..—
3
Utah Power & Light $7 preferred--.—*
Utah
%
2%
11
Feb
1
14
Insurance———8
Universal
Jan
1%.
1% Jan
100
11
14
*
Class 1B....^—.
Universal Corp voting trust ctfs———1
Utility
Pipe Line—.——10
Southern California Edison—
Southwest
United
.
96
1
Oil...,————
1%
206
.25
Penn
Va
iff
,
...1
South Coast Corp common—
.50c
United Stores common
1%
Manufacturing Co——..—, ...1
Sonotone
Soss
%'
■
%•
-
3%'
%
,
———MMm- m M M
Jan
% Feb
•
1
"lis
Feb
Feb
43
Tung-Sol Lamp Works.
80c convertible ' preferred.
Feb
Feb
60
Jan
200
Seton Leather common...————,
Mining—.—.
Feb
52%
650
—
Solar
X5%
:"5%
Corp....
Class1.. A..—1.
Feb
lVs
52%
57%
32
Jan
4%
1% Feb
Feb
37,500
32
%
5%
Sentry Safety Control—.— ...1
"
Tubize
Jan
13%
$5.50 prior stock——.———— .25
Allotment certificates—.
'
100
500
1st $7 preferred nOn-voting...
1
49%
Co.....———.——
Convertible stock-—-.—.....
Co
2,100
19%
Jan
25%
y
Selected Industries Inc common—. III
Silex
Feb
12%
6
Seiberllng Rubber common—
Denn
1
27% Jan
Jan
1 vb
x20 % x21 %
*
—
—1
Securities Corp General————.
Seeman Bros Inc.————
—1
Segal Lock & Hardware—
Shattuck
Feb
Brook Water Service—
preferred.
Selby Shoe
4%
.
iTg Jan
:
Feb
123
Jan
12%
"t
12'/2
common—
Scranton Spring
Steel
400
24%
(D A) common
———1
preferred—.———25
Manufacturing—.—:———25
Scran ton Electric $6 preferred——.—*
Scullin
2%
2,300
Jan
Jan
115
200
vb-
•
Convertible
Lace
10,900
4%
:
1%
—*.
Scovill
$6
27/B
123
4%
<4%.
Schulte
Scranton
~5%'
19%
Inc.....
■
Ulen
...1
United Corp common—
Mills....—...—.
...—-
Samson
Sanford
Trunz
Feb
3%
dep recs def
Tri-Continental
:
■
4%
"4%
—5
Udylite' Corp....
Regis Paper common..——..
7% preferred——
46
60
6%
Stocks—
Trans Lux Corp.
Jan
Feb
'Jah
16
2,700
"i%
....—2'
—
Transwestern Oil Co
Jan
Feb
19
16
53 %
16
49%
100
16
2%
Feb
Jan
1,600
6% preferred^——100
1
fo preferred..^..
.....100 >
Tonopah Mining of Nevada....—..1 ;
3% Feb
,
..50
...5
3%
Jan,
Feb
Jan
4,600
3%
7
2% Feb
St Lawrence Corp Ltd——
Class A $2 conv pref——
9%
5L
Toledo Edison
Feb
9
Jap
600
2%
51
;i.
1%
Feb
17% Jan
Jan
17%
pfd—100
common
St Allied
3%
"■8% ~9%
3%
Product Exports
.
——•'
Security Trust Co Ltd—
Amer dep rets ord regis—i—i——, '
Amer
Feb
1.7%
'
52'/a
7%
200
58%, 59
"9%
Todd Shipyards Corp
Feb
13
100
'
9
2%*
.'-7
14,400
% Jan
13% Jan
Tobacco
Feb,
3%
—1
Ryan Aeronautical Co.
Ryerson St Haynes
:i
14%*
8%
3%
—
High
16%
Jan
8% Jari
Tobacco
1% Jan
% Feb
1 %., Jan
Shovel Co
Tobacco
Feb
Jan'
91%
14 Va"
^
—
Ave—.————2 %
RUsseks Fifth
'800
..
common——5V ,
ROosevelt Field'Inc—5*
Root Petroleum Co..—.———.—1,'
$1.20 convertible'preferred_i.——20
3%
12%
43
—.1
Tishman-Realty St Construction.——*
Feb
•
■
Corp
50
2%
~3%
Tilo Roofing Inc....———.j———17
.
Rochester Gas & Elec 5%
9%
16%
(m —
.
—.——1* '■
Texon Oil & Land Co—
Feb
Jan
va Feb
.Jan
5,000
10 va Jan
x4%
Republic Aviation———.1.
500
9%.
16%
50
Jan
10
14
'■
Low
16%
16%
Feb
10
1,025
%
common
Railway Si Utility Investment
Roeser &' Pendleton
16%
-
% Feb
Jan
aa
Range Since January 1
High
Va Jan
—
——
■:
JJ
Rome Cable
...—
Machinery——.;
—..*
Sun Ray Drug Co
1
Sunray, pil—
1,
5% %
convertible preferred—..50
Superior Oil Co (Calif)...
25
Superior Port Cement class B com—*
Swan Finch Oil Corp—..
^....—15
Feb
Shares
—5
Corp
—
.*'■
Radio-Kelth-Orpheum option warrants.
Voting
(S) Co
Low
.
Sullivan
Feb
153
.100
....—-
170
155
81
82
(Hugo)
Stroock
Sales
for Week
Range
of Prices
Sale Price
'
Stinnes
Week's
Friday
Last
Exchange
Curb
Ended Feb. 26
•
original preferred
—25
preferred B.:
......—.—23
preferred series C——25
Southern Colorado Power class A-.J25
5%
7%
preferred
Southern
New
Southern
Southern
>
Feb
5%
300
2%
2%
28
1>200
.
60
5%
Jan
Jan
1%
Jan
23
2%
Jan
28
Feb
Jan
3%'
300
2%
Jan
1%
1%
100
%
Jan
600
2%
14%
150
12%
1%
1,800
Feb
112
112
25
is
23 Va:
1
7%
Standard Silver Lead..—.,—
1
A
Standard Steel Spring
5
26%
%
4%
%
Feb
24%
7%
7%
5
26%
8
27
Wagner Baking voting trust ctfs ext..*
Jan
3%
Jan
100
16%
Feb
"'/'7a Feb
%
Jan
—*
1
6','c 1st preferred
:—;—
50
5 7c 2d preferred—..——
.—20
Sterling Aluminum Products————1
Stein
(A)
1%
Wayne Knitting
Sterling Brewers
Sterling
Inc
Stetson
(J B)
Inc—!
...—1
...
For footnotes see page
801.
4%
,1,900
7%
8
2%
2%
Coal St
4%
60
Feb
Jan
9
Feb
3%
Jan
4%
Feb
100
5% Feb
7'AV Feb
Feb
**7%
Feb
%
Jan
%
2%
12
700
12%
Feb
11%
Jan
12%
Feb
2%
4%
5%
800
3
4
6%
2%
98%
6%
1,300
4
5%
3
Jan
99%
Jan
4%
Feb
Jan
6%
Jan
75%
Feb
Western Maryland Ry 7% 1st pfd—lQO
Western Tablet & Stationery com—.*
75%
71%
67
Jan
16%
16%
50
14%
Jan
Feb
Westmoreland Coal—
25
22%
25
250
22%
Feb
25
Jan
13%
13%.
100
13
—20
Westmoreland Inc
4% Feb.
.37
Jan
8%
Feb
Feb
Willson
(R
C)
St Co
Oil-O-Matic
—
Heating
Products Inc
6'A
Jan
8
Feb
Woodley Petroleum
1%
Jan
2%
Feb
Woolworth
1%
Feb
4% Feb
American
7%:
7%
100
3
116% Feb
Feb
3%
500
Feb
13%
Jan
7%
Feb
Jan
6%
Feb
7% Jan
8%
Jan
3%
Feb
•
Feb
1
1%
Jan
9
—
^
Wisconsin Power & Light 7%
Wolverine Portland Cement
220
5%
...——*•
—
:
1
—10
—
Williams
,
.
75%
5%
10
—
—
Mfg
Feb
10
.
Feb
Jan
27%
Jan
Feb
Feb
-Jan
Feb
Williams
Jan
:
Western Grocer Co————————20
Feb
2%
1.25
—...
.—1
%
Jan
-
■A
8
Jan
Feb
6%
preferred——*
Wichita River Oil Corp.
2%
4%
6%
A
12%
Western Air Lines Inc:
300
375
Feb
5% Feb
Jan
44
"7%
—.......5
U Jan
4%
25%
100
Coke
West Va
1,300
-J
1%. Feb
Jan
200
»
4
6%
—S
Mills——
Feb
7%
2%,
/: 60.
—»
1%
35
4%
Co common
3%
30
Jan
"4% Jan
——..1
Jan
9
x4%
Co
irir Jan
1,700
& Co common.—.
Sterchi Bros Stores.....—..—
60
%
.18
-
Feb
24% Feb
iV Feb
22 %
Mining
Walker
Weyenberg Shoe
Standard Tube class B...———
1
fetarrett (The) Corp voting trust ctfs—1
Steel Co of Canada..—.....——,—*
60
3,800
%
Waitt & Bond class A-.
Wentivorth Manufacturing
112
Jan
6V4
_______
West Texas Utility $6
iVJan
300
——
Feb
15% Feb
110
preferred
Feb
13%
Jan
5,300
1,000
900
•
2
Jan
400
23%
150
5'/8
7%
Co—
Jan
12%
3,000
••,%
•.
1%
24%
5
W
Aircraft
15
13
15%
1%
23%
5
Jan
Va Jan
Jan
15%
4%
1%
Jan
15%
'■
Jan
14%
1
: ••
Feb
% Feb
Jan
%
1
———
100
1%
24%
;t,>.
Feb
7%
3%
"V
——
—
vb
1~2~78
preferred——, ...20
Products Co—.—.
—1
Vogt Manufacturing.———.
Waco
(Ky)—
_
,. .—10
Standard Oil (Ohio)—5% pfd—.., ..100
Standard Power & Light......—- -.-I
1
—5
Petroleum—
8% Feb
8% Feb
1,500
Oil
Preferred
2vb
27%
Jan
7%
Standard Dredging Corp common.,
Common class B.—
.5%
6%
preferred..——.... ,—10
$1.60 convertible
Valspar Corp common..
$4 convertible preferred.^——.
Virginia Public Service 7% pfd
5%
Spencer Shoe Corp—
Stahl-Meyer Inc——.,.
Standard Brewing Co.
Standard Cap St Seal common....:
Convertible
1
Venezuelan
Phosphate Co—....
Line..——.
Royalty Co.———;
Spalding (AG) & Bros——
1st preferred—
..._—
Spanish St General Corp—
Amer dep rets ord regis—
Standard
!"<■
Pipe
Southland
Standard
}&•
—.—100
—
England Telephone—100
Jan
10
Feb
Feb
*3*%
Feb
pfd—100
10
—
1
"3%
3%
3%
200
5%
5%
200
4
Jan
5%
Feb
7%
5%
7"%
200
6%
Jnn
8
Feb
2%
3%
13,200
2-
Jan
3% Feb
(F W) Ltd—
deposit
receipts
Wright Hargreaves Ltd
6s
....
•
"3
,V
*
»
H
1
rfirflUft f
1h,
''
\\F
Volume
157'>'Number 4155
Friday
BOND'S--.--.
New
Curb
York
or
Sale Price
& Electric
debs
f
s
f
s
f
debs
:
Pow
& Lt
debs_
1960
1970
—:
Appalachian Pow deb 6s—_
2024
Arkansas Pr
1956
1953
J-J
Elec
4%s__——_
SAssociated Gas
AConv
deb
Elec
&
4%s
90
90'/a
A-0
5s_
1
99% 100%
90%
108'A
108',
108%.
125
125
107%
107% 108%
.
.►56%
55'/a
105
2
16'A
16»A
AConv deb 5s
15%
16'/a
'
ADebenture
16'/a
16%
-1968
Assoc T & T deb S'As A
Atlanta
Gas
M-S
1955
1964
_
4 Vis
Light
J-3
M-S
^
Atlantic
;
16'/4
16%
16'A
"75%
77
1108
j-j
J-J
—1969
3%s series A
1st
Ogden Gas 1st 5s
Ohio
57
F-A
without
5s
Public Service
Oklahoma Nat Gas 3%s B
16%
Oklahoma Power & Water 5s—
127/a
16"%
9
14%
16%
Park
72%
78'/a
Penn Central Lt
108'A
108'A
1107 % 108'A
Pacific
& Pwr 4'As
5s
107%
Philadelphia
Elec
Rapid
Convertible
M
5s
series
6s
1998
108%
112
9
.114%
116
2%s
A-0
M-S
1954
117%
119
Northern
111
El
§ A Central
21
102'/» 102%
24
Power
§ A Chicago
6s
1954
Rys 5s ctfs
Ry 5Vis A
series
Cities
Service
deb
Conv
103
1st
F-A
A-O
1966
M-S
105
102%
Public Service
of
103%
103 %
Public
of
Service
P
L
&
5 Vis
Consol
series
ref
7s
1952
Service
&
Pr
(Bait)—
-
1971
N___
mtge 3s
P_!
ser
*
&
30'A
«
24
106% 106%
; 35
45%
4
100%
102
Safe
103
104%
San
95
107'A
21
106% 106%
9
100
100
2
111
111%
1
111
111%
1959
M-S
84%
1964
4'As B—
7
lll'A lll'A
J-D
84%
84%
■
series
,
93'A
'•
'
90%
■
143
102'/s
144 %
102'A 102'A
101%
101% 102
101
80%
10
$82
M-S
116
101 »A 101%
85
Power
Southern
California
80%
Eastern Gas & Fuel 4s sep
Power & Light 5s
1956
Elmira
Water Lt
l> M-S
2030
A—
F-A
California
Southern
3
RR 5s——J.—1956
&
4:
M-S
District El 5s
:
-1952
j' M-S
Federal Water Service. 5% s_—____1954.„
lMf„A
Finland Residential Mtge Bank—
Empire
6s-5s
Florida Power Co 4s ser C——_1966
!85%a
85
Counties
92
•
1970
Southwestern
102%
,105'A.
79
93%
104'% 105'A
18
6s
85%
4
88
3
102% 103'A
L
F-A
3
103'A
103%
4
103%
105%
42
102%
104'A
104
104
104'A
108'A 108%
'59'A
9
57%
stamped
6s.
Debenture
Dec 1 1966
Powee
Standard
&
59%
103
51
A-
5 If,
106'A 106%
3
105'A 105%
J-D
2
60
105
106%
26
104'A
105%
94%
94%
13
91%
99%
99%
1
.
100% 101
71
72
General
3%s
Power
Pub
AGeneral Rayon 6s A
Georgia Power & Light 5s
94%
A-O
-1953
5s__
Serv
J-3
..
—_1969
A
J-3
1948
1978
1965
M-S
1941 "
$-
J-D
J-D
M-S
Certificates
95
97
Stinnes
100
2nd
7-4s
§AGobel
Coal
4s
(Adolf) 4 Vis ser A
West 4s__
Grand Trunk
-1950
stpd
Great Nor Power 5s
—1950
1963
Mountain Pow 3%—
Green
96
15
93"%
92%
92%
36
90 Va
96'A
1958
44
J-3
.
72'A
18
65
72 V*
70%
71%
56
65 »A
72%
.
70%
70%
"",3
65%
72
F-A
71%
70'A,
71%
26
65'A
F-A
7i
70'A
71%
16
'64%
;
hA-O
1946
$27 'A
J-J
i——1968
Tide
91
108%
109:.,
98%
101
1
78%.
Jan 1949
series
6s
Idaho
B
A-O
—1967
3%s
Power
& Lt
111 Pwr
6s
1st
1949
ser
1953
A
-
1st & ref 5 Vis series B——1954
1st
ref 5s series C—
&
deb 5Vis—
S f
15%
15%
'
1956
Indiana
Light 5s
Service
——1950
5s—
1
•
A6'/as
series
A7s
A7s
A7s
4'
"
;
A7s
Iowa
1941
(July
3%s
1968
J-D
Light
&
Power
17
17
'
"$18
19
i
I:N
.-
1952
19
^
'
4
$18
22
—
1958
80'A
v
Superpower 6s
1963
Ajacksonville Gas (stamped)—1942
80'A
45'A
18
,18%
16%
59
J-3
18%
•"•50%
- j-d
—
50%
,
$106% 111
Kansas Gas & Electric 6s
2022
M-S
$122
J-J
$112% 113%
'112%
$108% 110
108%
A-0
1957
J-D
109%
122%
109% 109%
Radiator & Mfg—
stamped
Mengel Co conv 4Vis—
Metropolitan Edison 4s E
•
109%
123
113
109%
110'/a
F-A
1947
M-S
$100'A 101%
100%
101
1971
M-N
$110
108
M-N
$110% 111%
109%
111
100%
101
G
1965
Middle States Petrol 6Vis
1943
4s
series
Midland Valley RR 5s
Milwaukee Gas Light 4Vis
Minnesota P & L 4lis
1st
&
ref
J-3
1943
._1967
-1978
5s
100% 100%
A-O
54'A
1
55%
20
4Q
58
M-S
*
106% 106%
1
105%
106%
J-D
105% 105%
1
103'A
J-D
1957
J-J
1951
M-N
108
6
107'A
9
103'A
104%
1
,
Nassau & Suffolk
Ltg 5s
1943
F-A
SANatlonal Public Service 5s ctfs—1978
6s
series
4Vis
112'A
113
98%
M-S
'
Nevada-California
New
Amsterdam
Elec
Gas
5s__
—1956
5s
1948
Conv
deb
England
New England
Power
Power Assn 5s
Debenture 5Vis
New
Orleans
Public
6
115%
98%
30
97'A
Nov
—
5s
Traction
——2030
5s___
1960
•■'
99%
8%
82
107"
F-A
,
New
York Curb Exchange
A Week Ended Feb. 26
107
4%
109
25
'
119
$88'A 100
F-A
$65
//
9%
109
102% " 107
110
J-D
<
85%
74
80
80
$80
J-D
\
*: 82
Interest
Period
Friday " Week's Range
Last
'
or Friday's
Sale Price
Bid & Asked
Low
Agricultural Mortgage Bank (Col)—
A 20-year
7s
April 1940
A 20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
Valley 7s
1948
5'As
Extended
118%
63'A
*:'75
-73%
90
70
80%
81'A
A-O
J-D
15%
M-N
48'A
1953
Range Since
January 1
Low
High.
46
14%
No.
15%
__
15%
15%
44%
49
46
42
46
$9%
J-J
48%
$41 4
F-A
1952
:_
Sold
$46
—1955
5s
Bonds
46
$46
J-3
High
15
48'A
Danzig Port & Waterways—
AExternal
ALJma City
AMaranho
6'As.stamped
6'As stamped_1958
7s
M-N
1951
of May 1927
of Oct 1927
Alssue
11%
23
13%
20
17
$21'A
23%
16'A
16%
16%
10
16%
16%
34%
34%
34%
25
32
32
1947
$34'A
A-O
—
—
18
—1931
AMortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
(State)
—
J-D
M-N
stamped
Mortgage Bank of Bogota 7s
Alssue
$11%
M-S
_1958
(Peru)
7s
AMedellin
114
114
5
113%
114%
57
58
21
50%
58%
57
57
57
M-N
57%
1961
M-N
A-O
87'A
84%
J-D
89%
87%
1949
J-D
57
57%
108'A 108%
3
43
49%
50
$105
58%
58%
6
107'A
108'A
87'A
102
76%
87%
89%
74
82%
89%
108
104
A5
98%
57%
Service—
AIncome 6s series A
96'A
7s
J-D
18
1972
J-D
$40
'
$30'A
1
32
18
19
22%
30
17
21'A
45
M-S
—1958
1959
J-J
20%
12
1919
J-D
2%
2%
2%
32
2%
3%
1921
J-J
2%
2%
2%
14
2%
3
117%
1954
3'As_—
8%
6s stamped extended to 1959—^
IA York Rys Co 5s stpd
1937
AStamped 5s —
_1947
ARussian
116% 116%
12%
1948
5s
16
7%
98%
6s unstamped extended to 1959
110%
98'A
J-J
98%
117
Newspaper Union—
A Rio
108
J-D
_1948
M-N
$116
Penn
99%
98
6
M-S
1947
5s
2022
__.
J-D
West Penn Electric
West
21
15
20%
1950
New Eng Gas & El Assn 5s
New
A-O
"
99%
108% 108'/a
$18
J-D
2022
A
98%
F-A
1981
A
series
$108% 109%
AParana
Nebraska Power
97*
97%
116
$110% 111
108%
104%
112% 112'A
112'A
108%
104
104
65%
J-D
A-O
105%
1955
Mississippi P & L 5s—:
^__
Mississippi River Pow 1st 5s
111
9
7
1964
86%98
>
V':
96%':
.116% 117
'
J-D
109%
97'A
117
F-A
M-3
Danish
1948
96%
108%
97%; 100
80%
45%
McCord
:
,
96%
A-O'' "■
1944
1951
ACauca
6s
120
106%
12
99%
99'A
112%
;
BONDS
M-S
5s
-V
108'A 108'A
99%
1954
19%
J-D
& Lt
87
112
108%
1966
Louisiana Pow
F-A
debs
50%
,,107% 109
106% 106%
124
109
18%
:
16%
1965
Light 3Vis
.—1969
Lake Superior Dist Pow 3Vis—.—1966
85%
19
Jersey Cent Pow & Lt 3Vis
Kansas Electric Power 3Vis_—
Kansas Power &
6s
income
46,
107'/a 108
107%
39
19
106'A
v
100
18%
36
^
19
109%
112%
98
112'A 112'A
Ry & Elec 4s
Western
18%
'
116:.^.: 74%
$106% 107%
' M-3
Altallan
.
78%
"40%
:
45 %
1
86'A
Water Power 3%s
108%
17%'
J-3
A 5s
86%
.-19
,
107%
4
109
85%
Wash
85%
16%
••
—
"
J-3
14
108
111
Wash
114%
'17-
.
105%
Waldorf-Astoria Hotel—
1
22
109
85%
A-O
A——__1952-
series
6s
Debenture
103
105%
1
:
987A
80 'A
6
1959
5%s_1952
(Maine)—. •
Utah Power & Light Co—
1st lien & gen 4%s
103'A
80'A
•
10
98 %
98
J-D
(Delaware)
United Light & Railways
104%
112%
___
4 Vis
Light
43
.
,
12%
107 '
94'A
36"
84-
108'A 108%
F-A
1957
...—'—_1952
.'
84%
4s
& cons 5%s
1st lien
lll'A
101%
81%
J-3
coupon)—
5s__
6s__
7
83
108%
71%
Power Co—. r'
&
J
.1949
^
United
99'A
f,
13
12
108% 109%
98
J-J
1952
Edison
N
102
>■:
$112% 114
J-D
1957
98
101% 101%
=:
14
107'A 107'A
$111% 115
F-A
Electric
104%
52
97
84%
109%
J-J
United
110%
21
102% 103'A
.—1952
—
1941
Power
104'A 104%
1955v r—.'•"
coupon)—
F—
Debenture
104%
F-A
M-N
1956
—_.—-1979
5s
City Rapid Transit 5'As
Toledo
96
.
6
103
A-O
M-N
jl__—_—1957
E—
(Aug
series
Interstate
*
1941 coup)
1
(Dec
iii%:
J-D
J-3
1963
———
AIndianapolis Gas 5s A
1952
Indianapolis P & L 3%s
1970
•
\ '
SInternational Power Sec—
A6Vis series C
————1955
107%
—2022
Power
Water
Twin
111%
96'A
-,,', 92
;
96
32
M-N
1st lien & ref 5s
1
106'A 106%
M-S
12'A
72'A
27%
;
24%
„
111
—
106%
A-O V
5s————1958
Hydro-Elec
93%
96
111
A-0
May 1957
Indiana
$91
J-D
If.
J-J
44
19%
__
93%
A-O
Jan
Hygrade Food 6s ser A
24
$13
A-O
1960
5s
79
44
—
.
95%
78/.
2
25%
$111
3-D
29
$11
1946
Service
United Lt & Rys
Houston Lt & Pwr 3 Vis
72%
71'A
71'A
deposit—
A
series
6s
70
11
44
$24
M-N
64 %
•'
>
—1950
stamped
Electric
Texas
92%
25
111
100% 101
78%
t
57
95%
$109
101
J-D
-1948
Investors 5s—
§AGuardian
J-D
69
95
95%
F-A
1
1945
Grocery Store Products—:
Guantanamo & West 6s
$66
3-3
>
66
14
75
95%
92%
101
62
Industries—
(Hugo)
Texas Power &
Alden
Glen
of
59'A
107%
96%
7
65 V4
71'A
103
107
47
64'A
n.?
•
1954
Florida Pow & Lt 5s
Gatineau
".52%
72'A
Light 6s—.1.1957
Corp inc 5s
Stinnes (Hugo) Corp—
• 7-4s
3d stamped
51
108%
F-A
J-D
,
•——1957
AStarrett
51
100'A
-/o;;. /•,'
A-O
A-O
1
—__—1951
—
debentures
gold
M-S
/
6s—_—
6s
1067A.
,$106% 107%
—
M-N
„/
.:
May 1948
.___May 1648
Debenture
-105 V*
.-
6s
88
103%
100'A* 103%
$102% 105'A
F-A
—;-1989
(stamped).
Conv
88
100%
21
104
1
J-J
2022
6s—
Electric—
>;
106
103
&
&
114
131
85%
43
103% 103%
104
A-O
(Calif)—
—_'l
.—1971
Rys 4s__—,
1951
,
124 /
104
14
v
P
Gas
Standard
lll'A
Gas
Spalding (A G) deb 5s
1
124
104% 105
105
!
82
"
103%
M-S
Southwestern Gas & Elec 3Vis_—1970
87%
r
185
102
131
88
,102% 103%
J-J
3'As
Gas
103%
J-J
'
1957
123
101;,
'83
92'/a .,93',a
$124.C;
■
M-S
————1961
stamped
85%
.j93'A,
79
131'A,.
88
A-0
1965
103%
,
/
':
103
102%
'100%
$58
A-0
;
3s
1st mtge 3s—
Southern Indiana
85
14
145"
102Vb
1
$130
;
1947
5s
Edison
109%
82'A
..
.
v
105%
110
101
13
112% 112%
?
J-D
103
108 V
121
92,.
3-D
138%
34
6
101 %'•»
80%
M-S
A-0
102
;
108'A
■
J-D
V
—1970
109%
1
107% :
J-D
—1979
105"%
'
103'A
109% 110
J-D
6s———_1951
Wyoming Coal 6s
Carolina
South
119%
V/.Electric
84%
106%
$10414 105
110
M-N
& Pwr 6s B—1952
Estate
Real
Sheridan
93%
119
—
11
M-N
D———-1950
Harbor Water 4%s
Joaquin Lt
Southern
111
107% 108
J-D
—1950
90%
86
,
3
107%
M-S
1951
85
,
V13
■7.
C
series
1967
■n:
92
$110
91%,
77
Jersey—
Scullin Steel inc mtge 3s
,45
92%
119
5s
ref 4'As
ASchulte
■
,{F-A
J
10
49
84%
91
New
Sliawinigan Water & Pwr 4'As
1st 4'As series D—
V.
119
1949
4s——1969
Indiana
90
88%
$121'A 123
..
100*
■111% 111%
91%
19
A-O
:
97%
111%
84%
29
102% 102%
1955
115
106'A
r
111%
94
88
J-3
-1958
Packing ; 33As_
108'A
113
105
4-0
89
88%
172
$107% 108
Cuban Tobacco 5s—————1944
107'A
__
114% 114%
J-3
34%
105%
$107 %
M-S
.'
103'A
105
M-N
83%
v
1954
Continental Gas & El 5s__—:
102%
3
Consolidated Gas
Cudahy
101%
34%
104'A 105
$107
Queens Borough Gas 3j Electric—
4/
5'As series A
—1952
A-O
:.
1976
mtge 2%s ser Q—
(Bait City)—
Gen mtge 4Vis
1
;
28%
100'A
ref
&
s
J-D
.
13
100
6
1st
1st
•
48
90%
<'
r
; J-D
—1969
1st ref
264-
•
87
91%
119
$33%
104'A
17
F-A
perpetual certificates..
Sound P & L 5'As——1949
Puget
106%
29
86'A
88%
88%
J-D
M-N
;
95%
*
13
87
.88
M-N
1949
1951
A
"
102% 103
.
Sinking fund deb 4s
1
100% 102
$93
M-S
5%s__—:
Pr
El Lt
Gas
?,3%s
&
81
$104% 104%
A-O
———
Connecticut Lt
85%
,105'A
,
100'A
47
48
J-D
1958
—1969
.
100
:
1950
5s__
28%
102
A-O
Jan
5s
24%
■
;;
101'A
103
Co—
mtge 3'As——
103%
n
;
29
•'
100
5s
Debenture
1st
128
J-3
—1927
—1952
-
5s——
Debenture
Cities
M-S
1953
B
95'%
107
25
28
J-3
States P & L 5Vis—
Cincinnati St
...
94'A
$106
J-D
■
1948 :":
4—_
Central
95%
M-N
1953
5s—
5s
109
100%
—1961
(Can)
Corp
101%
;
1
,103% 103%.
1955
>.A5Vis
-
Power
•
Gas 33As__—___1964
&
States'. Elec
1962
F_!
series
6%
Central
Coke
6s
110%
108'A
Public Service Co of Colorado—
102'A
,104% 104%
'102%
M-S
„
120
1102'A 103'A
.
3-D
.1970 I
___—
River Power 5s
Canada
&
Transit
109%
108% 108'A
J-J
stamped extended—1950
Edison 5s E—______1956
5s
4'As
1150
Q-P
1962 :
1968
,___
Inc
1118
M-N
-1960
Edison
Boston
50
V
114% 115
109'A 110
J-D
1972
Potomac
O'As-^—.
Birmingham Electric 4Vis
Broad
110% 112
J-D
___1957
B_—
C
Bethlehem Steel
Biokford's
lll'A
Canada—
of
series
5s
M-S
1950
6s
Telephone
1st
Portland Gas
5%s
Power
108
$100% 101%
M-N
———.1970
-m
109%
106'A
'
Pennsylvania Water & Power 3'As_1964
100%
107%
105%
109%
M-N
1979
68
109
107%
J-J
1977
—
107%
109% 109%
"108%
F-A
,
54%
:
107% 107%
F-A
,
68
108 %
$105% 106 'A
109%
A-O
1948
Light 5s___—.—1955 :
Lexington 1st mtge 3s
._1P64
1st
Baldwin Locomotive Works—
Bell
107
65 %
F-A
Aug 1955
100'A
__
HigL,
112
M-N
106%
1100 %
|
Low
107
$108
A-O
&
Power
3'As
J-D
No.
$115 % 115'A
A-0
—1962 •
4s
16%
rA
_______1947
warrants
Range Since
January »
Sold
111
67 =
16%
>43
Bonds
High
$106 % 107'A
1968
14%
13%
110
Friday's
$111 % 111%
—
1945
3'As
mtge
3s_.
mtge
Philadelphia
City Elec 3'As—*.—
& Sons (B. P.)—
Avery
•
1971
1st
Power
1st
51
77
J-J
1948
13%
8
16%
F-A
—1955
5%s
16%
16'A
A-O
L-1977
5s
deb
AConv
F-A
M-N
-1954
5%s
Utility
109
46%
65
^—1950
i_,
Cont'l
126 %
107%
5
J-J
-1949
or
Bid & Asked
Northern Ind Public Service—
Ohio
M-S
1948
—___
1964
2004
Nor
Co—
_
4%s—_______
Sale Price
108%
125
146
.
91
89
23
57
107
'
AConv" deb
Elec & Gas 3%s—
&
100%
14; iv106%.
..
Last
Period
Westchester Ltg 4s
Debenture
5s
Y
N
109'
96
5
Week's Range
Interest
26
Feb.
Loio
104'/a
107%
443
Friday
Exchange
Curb
Week Ended
High
103%
6
108% 109
J-J
/ JrD
J-J
Associated
Low
6
106'/8 106'/8
100'A
M-S
r_—-2016
Amer Writing Paper 6s
—1961
Appalachian EJec Pow 3%s___i__1970.
Lt
January 1
No.
High
'
'
BONDS
York
New
Range Since
Sold
103% 103%
J-J
deb 6s
&
".
;
N Y State
103%
J-J
J-J
1950
—:——L.
s
3%s
"
& FINANCIAL CHRONICLE
Co.—
_
3%s
Amer
; "
Bonds
Friday's
Bid & Asked
Low
American Gas
;
Week's Range
Last
Interest
Period
Exchange
Week Ended Feb. 26
2%s
j
(';
THE COMMERCIAL
106
de
♦No
r
Janeiro
6'As
Government
6'As
'A s
par
Cash sale,
value,
x
a
20
d Ex-interest,
e Odd-lot sale,
n Under-the-rule sale,
Cash sale not Included in year's range, Easy Washing Machine class
Deferred delivery sale,
Ex-dividend,
y
B, June 26 at 25A.
$Friday's bid and asked prices; no sales being transacted during current week.
A Bonds being traded flat.
§Reported in receivership.
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates;
"w i," when issued; "w w," with warrants; "x w," without warrants.
THE COMMERCIAL & FINANCIAL CHRONICLE
802
Monday, March 1, 1943
OTHER STOCK EXCHANGES
.Friday,
Baltimore Stock Exchange
Feb,
to Feb.
30
26 both inclusive; compiled from official galea lists
'7\;
Week's
Friday
''-.'I
Range
''Last
Low
Par
,
■
f*V
.
CI
Fidelity & Deposit
U 8 Fidelity &
■'
Feb
Jan
Feb
200
51
30
25
1,035
28%
Jan
25
Jan
Feb
28%
Feb
78%
Jan
24%
Jan
95%
29%
410
Jan
67%
i
Jan
91%
4s—-—.—1975
A—1975
5s series B———
,—1—1975
Interstate Bond Co 5%—---j—1947
57%
Baltimore Transit Co
5s series"
100
Jan
93%
5 7o
54%
Jan
56 %
Jan
60
Jan
100%
Feb
8,600
100
Feb
100
1,000
100
102%
cumul
Central
Co
20 to Feb.
■
Friday
■
Last
Sale Price
STOCKS—
Range.
for Week
of Prices
-
Shares
Low
4%
Feb
17%
Feb
Feb
Jan
3
Jan
Jan
15
Jan
Feb
14
Jan
200
1%
12%
300
11%
10
12%
•11%
.^v
550
3%
Jan
3%
2,850
5%
Jan
7
so
20%
Jan
23%
Feb
18
Feb
Range Since January 1
High
LOW
High
Tel
American
17%
20%
20%
Refining
Jan
6%
28%
Feb
81%
Jan
90
Feb
Jan
28%
Feb
62%
Jan
66%
Feb
14
Jan
15%
Jan
Jan
21%
Feb
Traveler Corp.
Corp
common
-1
.
:
16%
13%
17c cumulative preferred;
i
2%
Jan
4%
Feb
Curtiss
21,
Jan
4%
;;
4%
Feb
Jan
4%
Feb
Deere
Lighting Inc common
St
Co
Jan
2%
Jan
12%
Feb
Feb
Dixie-Vortex
Jan
8%
6%
Jan
24% Jan
3% Jan
'V- 9%' Feb
'
Jan
'
Feb ;
IS'J
1%
Jan
; 10%
-lG%
3%. Jan
'
Jan
Jan
TdrV
'
1%
Jan
•
"
" 420
•
,y
25
13
'
■
23
Feb
"
:
■"'■•"16% Feb
14% Jan
385
Feb
•
21% 'Feb
19%, Jan:
:
~ " - 540"
Co
v .,
10 %" Jan
f
peb
14 %
5%
common—^—.
Electric Household Util Corp
2'
y
U%
:
Feb
1%
1
91
Jan
2
Feb
'2%
Feb
-
Feb
18
Jan
3%
Jan
110
25
Jan
32
9
_.
29%
4%
34%
Jan
Jan
4
Jan
80c
•36
Feb
Jan
Copper———-„—
Corp (Del) common————5
28%
cumulative preferred——.50
30%
1
Denver
Auto.
32%
34
Feb
2%
Jan
4%
12%
Jan
•17%
12c
Jan
50c
41
.
12
Feb
Feb
.
...10
'7
350
23
-
4% Feb;''*
Jan
30
Jan
33%
.
6%
850
..
Jan
y—7
\ 15% Feb
-400 '•'< .3%-' Jan"
40%
common——10
41%
3%
37%
-48
47%
48%
Jan
Feb
-
•
Jan
,
v
."■■■";y,"
"
15% Feb
41%
Jan
34%
Jan
160
;
4%
•
Jan
2.
85
*
37%
■„
37%
350"
y
3%
•—
Feb
10
.
.
«
Jah
*
9
-
100
• "
Feb
7'777/
Jan ■*"/v 11
200 ■" ■'P.'9
•"
,
y-
15%
;v,' 4%4%,
8% Feb
35%
Feb
J.,...,-,,,,.,;:
y•;
15%
4%
50
Feb
>
"6%' Feb
150
y
:
Vp70p!pp77ppip.^ 7,7;X'A77 :77/^iP7V:;7777P7777p;pl77'-'
15% .15%
*"■- 100
14
Jan •
*7P77<+'r*''MP
common
Motors- Corp
8%
35%
.
15%<.——I.-7:>
3%
Feb
3% Feb
38%
Feb
.
:
Feb il:
•
Feb
Feb
Feb
;y>
Feb 1<7
Jan
,
Feb
Jan
12%
Jan
48%
1,850 44% Jan '
Gillette Safety Razor common——*
' *
y::.7;v.7 ,,y6%'y 6%65 -!^ 4% Jan - %
6%
Goldblatt Bros Inc common.,.__*
v 5
5%
5.. 5%
150r "
5%
-4% Jan-.' P*.
(Goodyear Tire St Rubber common——*
30%
28% 30%
210
" 25
Jan
Gossard Co (H W) common—12
12V4
150 "
10
Jan
12%
Great. .Lakes Dr St Dk com
*
19
18%
19
19%
1,150 : ■ 17% Jan
Feb
35%
,
Feb
preferred -———y--—*—,—100
V
Feb
•
Jan
Jan
12
>-•
31% Feb
Jan
.
Feb
3%
Co
700
-*
:yV77^-7
10
„• -v," 1010%.
9^'i7:77 8%
9
■'
*
.
General
Feb
Jan
10
!,j'
Jan:
Jan
10
150
L
Jan
•
.
Feb
Feb
3
..
30
.8 SiV:
77-7777 ■y.-'yV!':.y
y::7:7^7:,
General Finance Corp common.:..
1
Foods common
i—♦
Feb
6%
9V
11%
29
General American Transp, common
General
Jan
2%
26%
795
'
X_,
* Feb
2
300
11%
35%
(Peter)
Gardner
■■
30%
30 *
1,270
■
o
12
:
777:22
Connell
Brewing commonFuller Mfg Co common.
Jan
2% Jan
31%
&
Jan
Jan
Simmons
Four-Wheel Drive
•Fox
Feb
9%
3i:%
12
Feb
"
'
Dredge & Dock Co common
♦
Feb
Jan
27%
Fitz
Jan
'
2%
11*%
Jan
80
yf " ;100
;
:■'Vy^yyy,-,,
4%
4%
4%
Feb
52% Feb
28% Feb
Jan
<
83
507*"'S' 17
"
,
30%
•
77,722-
Elgin National Watch CO.—
Eversharp Inc common...———
Feb
1%
17
„
Feb
Jan
91
y
•■••
Feb
Jan
Jan
2%
Royale Copper——
Feb
6% Jan
/
~
-30
16%
2
31
27
19%
—
~
y:;"V.7
" 60
.•
14V*
"
17
,.
■-y.y:;.
Feb
98
Public Service
1,427
•r1 202%
90%
•
2
s
•
-2
common
Jan
Maine Central RR common——----100
5%
I
15%
.:
,
Diamond T Motor, Car common
% | Jan
Kennecott
6%
21%
y-n
3
i: 137'«
—
Decker (Alf) & Cohn common
Jan
42
Gillette Safety Razor Coj
Isle
.
Fairbanks Morse -common———
First National Stores—-————*
Lamson
12%. Feb
74%
Feb
4%
Group
•General Electric
Jan
Jan
Jan
■
100
Cunningham Drug Stores
23
——_100
Feb
Jan
3%
500
9%
3.
25
common
11%
Lines common
3%
'
8%
3
Packing common-^———30
Feb
————-——
.
;
.
Feb
2%
prior preferred—v.—;
6% preferred ——
Eastern Mass Street Ry common——100
6% 1st pfd series A
.——100
Feb
70
108
Jan
11%
5,350'
.
2
90c
.....
24%
-3% i
X8%
.
2
'
..
24
x:& 9%
-50
Feb
3%
......
41%
V
"
—
2%
4 % %
....
-
67%
360
■ • 1%
1%
1%
pfd participating shares..—50C. - r.i ;i;
12%
12%
Container Corp of Amer common—^20v.:.:.-''.;20%-. 21%
«Continental Steel common——- ^
-23'23!7\
Eastern Gas As Fuel Associates---
Engineers
Jan,
600
•■■■•
1%
Copper Range 'Co—....——
Feb;1'
3% Feb
Jan
104
200
6%
?!
r'
1%
East Boston Company
Employers
11%
74%
6%
24%
Corp„•
Jan
6%
preferred class B.
-Jan
65%
10
73%
-25
common
1%
Service
G7e>
2
38%
50
11%
1%
Calumet St Hecla——
Feb
'
•
k
Vtc
•
Feb
4%
18
-
70
108
•'
6%
' i-''
;
•'650
70
5
Common pt sh vtc class A—;.
Common pt sh vtc class B
Cudahy
Feb
Jan:
101
Feb
"
17% Jan
;t
11.750
3%
41%
108
Dodge Mfg Corp common——
Eastern SS
'
40%
;•
70
—
Jan
.4
1'
200
Feb
35
92%
10
/
18
Feb
%
Jan
26
200
Feb
%
8
'
common-
Consolidated .Oil
;
Crane Co
8%
prior preferred.——
Common
Jan
■&,
:;3:
3%
\
Yellow Cab capital_i_l.
.Consumers Co— -■■'
Maine RRr-
preferred ————*
Stamped——.
57c class A 1st pfd stamped
100
8% class B 1st pfd stamped-.!——100
17c class C 1st preferred stmp—lOQ v.
10% class D 1st pfd stamped—iilOO
Boston Personal Prop Trust—————*
Boston & Providence RR——100
.
Jan
y,rv-"50
17%
41
1-1
Consolidated Biscuit common—.
Feb
Jan
6 %
Cities
Jan
34%
34%
1
preferred——
Flexible Shaft common
Towel Co. conv pfd—
Commonwealth -Edison
Feb
Jan
4%
24%
Edison
Boston &
7%
143
127%
6%
Boston Elevated Ry—i-—
Boston Herald
79%
10,600
; -
*
19% Feb
Jan
300
100% 100%
i
common—j.—•
Feb
-
:%--,"
'.
:•
Jan
15 Va
4,450
-
'
15%
69%
-
••
mm ^
.%
%
Feb
610
•:
73
common-
preferred——i—
Cities Service Co.
Feb
28%
6
26%
——
Boston & Albany RR——
Boston
20%
Jan
24
Anaconda Copper
50
Feb
'• 150
17%
19
70%
.
.
'
Tel:—..
&
American Woolen——.+
•
23%
19
72%
J
7
17%
,
19
.
'
American Sugar
'US
-22%
Convertible
Chicago
Chicago
Chicago
Chrysler
Saies;''-j.7''-yy7r''''7y
Vh ''Week's
Jan
30%
preferred—
i';' V
;
v,
: '
Chicago Corp common——————_l
i.
Jan
4
/."// :.
26 both inclusive, compiled from official sales lists
,
4%
Feb
Jan
A-%'
7' WA; 6%
preferred
■
7% Feb
38% Feb7 ;"Feb
.
Jap
.
lien
15%
Jan
"
6%
3
Preferred
Prior
Jan
34
26Va
w-'
—_
Central St South West Util com—50o
Feb
Jan
"5%
,
13 %
12%
Illinois- Secur
13%
'
2%
(A M) commonPub Seirv $6 pfd
Convertible
;
'■
Feb
30%;a;?29y;r:;36%
J
-
'■
19 %: Feb
4%
Central States Pow & Light pfd——'1'
Feb.
Feb
'
-.16% .17%
common^i-i-i"
conv
Chain Belt Co
V'7 .'T',r';V'v7'.'
Feb
4%
Jan
38Ts '
"-6%
17%
Illinois
Central
Feb
Boston Stock Exchange
Jan
11%
14%
•
Campbell Wyant & Cannon
Foundry capital
Castle &
Feb
Jan
6,500
58
102% 102%
•
90 V4
3,000
52%
1%
Jan
r
common—-.
common.
Burd Piston Ring
Butler Brothers
; '
52
$300
91%
52
Jan
16
y:!'V'v- 7%
38%
j 36%
Class A preferred—
Coast Line Conn-
Certificates of indebt 5Sfc.
Corp
Feb
;V'7
..j-
Feb
9%
'
.
Bunte Bros
Feb
32%
4%
3%
"
17%
——
Bonds—
Atlantic
Warner
Common
Feb
51 %
Feb
Jam
%
11%
Laughlin common--—;
Brown Fence & Wire—
Feb
93
is
Borg
Feb
64
30%
Bliss
2.00 Feb
Jan
Jan
52
57%
30%
22%
j
Feb
22
2,210"
95%
56%
30
77
8
24%
95%
Jan
1.80
20
2.00
38
28%
,
110
78%
24%
.50
.
Jan
20
125
2.00
95%
35%
5
37
78%
.50
Guar—.——
.
24%
Water & Power com.
Penna
9%
131
Seelig Mfg cl.. A com—
Bastian Blessing common-j.'^—:-li:
Belden Mfg Co common--——
Belmont Radio Corpi
Bendix Aviation common;
Berghoff Brewing Corp_—
Binks Mfg-Co capital-—i
L
Feb
Feb
6%' Jan
128
Jan
Barlow &
Feb
15%
37
>.
24%
vtc pfd——125
Trans———„:-*•'
Mount Vernon-Woodbury Mills com.100
Preferred '
——._y—.100
New Amsterdam Casualty
-2
Central Ry—.:—
61
116
Jan
28%
'"N*-*
& Miners
Northern
Jan
Jan
12%
30
,
Houston Oil of Texas
Merchants
9
57%
1%
2%
J
Jan
•
Jan
114%
Jan
•■■•%
610
—
130
129 i
129
—•
Fidelity & Guar Fire
12%
J
77
15%
9
vtc_—1
———20
Corp———-10
Georgia Southern St Florida 1st pfd.100
Eastern Sugars Assoc common
Feb '
9
20
116
15
3,000
Feb
135
61
116
61
15%
Co—
Chemical
Davison
1.20
Feb
High
12
Jan
10
100
Feb
18
Jan
1.10
173
10%
10V4
preferred v t c—
---100
Consol. Oas Elec Light St Power com.*
4 % '7<> preferred B—.—100
1st
16
40
1.20
1.20
,
1,100
Aviation Corp (Delaware)—
';0
•
Range Since January 1
Low
Truss Wheel capital—---4
Automatic Washer common:
:__3
High
LOW
'
305
18
Week;
High
Athey
Range Since January 1
Shares
Low
Shares.
-806
for. Week
High.
17%
Arundel Corporation —i-*.
Baltimore Transit Co common vtc—-*
;
Par
■
for
of Prices
Aro Equipment Co common—
1
Asbestos Mfg Co common
———l
Sales
of Prices
Sale Price
STOCKS
'■ '•'■i'
: \
i
Sale?, \
,
Range
Sale Price
•
.
;. Week's
J
Last
:
STOCKS—
Mass Util Associates v t c—ii—~1
Mergenthaler Linotype
—
3%
86:
24c
Jan
Hibbard Spencer Bartlett common
Feb
Horders
Jan
Pacific Mills
19
Jan
Mach—
8%
Feb
28%
Feb
capital——.^,.10 :
Feb
Jan
9%
Feb
Jan
11%
Feb
Independent Pneumatic Tool v t cy
* : ■
Indianapolis Pwr • St Lt common——* ;
Jan
8%
Feb
Indiana Steel Products common...—.1
Jan
32%
Feb
Inland Steel Co capita,l-...i.a-.r"u-_^* i, ;: ; 69%
Jan
37
Feb
Interstate Power $6 preferred.—^
7%
Jan
8%
68%
Jan
Jan
Harvester
100
*
10%
23%
69
31%
Feb
23c
35c
Jarvis
Feb
1
Venezuela Holding Corp—
Jan
&
(W B)
•
"■
Co
'
■;
BONDS
Jan
Feb
Feb
Kentucky Util jr cumulative, pfd
.50
1
6 7c preferred *——a—-1-.—100;
45%
40% Jan
$10,000
108
5,000
108
45%
Feb
108
Feb
Feb
Chicago Stock Exchange
26 both inclusive, compiled from
Week's
Line Material Co common.
Lion Oil Ref'g
Sale Price
STOCKS—
of Prices
Low
Par
Abbott Laboratories common
common...—.....
25
*
Mfg common—.
,
■
.
13
Aetna Ball Bearing common——.
Laboratories
*
*
common..
.;
High
20-
51%
Jan
57%
Feb
45%
46 %
25
41 %
Jan
46%
Feb
10
Jan
13
13
100
400
2%
Jan
■
11
Jan
13%
750
12%
Jan
14%
Jan
31%
235
25% Jan
31%
'
Feb
12%
200
12% Feb
90
90%
Jan
101
Feb
136% 143%
4%
1.593
128%
Jan
143%
Feb
4%
4,700
3%
101
10%
124
10%
"7 50
4%
3
Jan
6%
Jan
Feb
12%
{2
Feb :
17
Feb
1% Feb
Jan
'7
1% Jan
/ -
7%
:
Jan
.2% Feb
10% Feb
,
teb
19
Jan
23%
11%
Jan'
14% Feb
4%
63
6% Feb
Jan
Jan
69%
369
57
Jan
63% Feb
30
1
Jan
2% Feb
9%
Jan
8%
Jan
300
3%
Jan
1,800
5%
Jan
150
4%
Jan
;yy 125 :
'■P
A
6%
8%
8%
42%
6%;
•
42%
96
96
,
8 %
:
96
•
6%
5%
:
1
7
■
,
Feb
'
45
Jah
20
96
Feb
96
Feb
5
Jan
300
12.
120
%
Jan
4%
50
8%
100
200
12%
50
15%
Jaii
17%
-v.'
5%
22%
13,850
36%
12'
36%
15
100
15
11%
9%
1%
12
Jan
3%
Co class A.
6%
9% Jan
2% Jan
14%
17%
common.
9%
Feb
8% Feb
Jan
8%
,
4% Feb
6%
'
41
14%
......
7mm
10,250
6%
4%
; •
30
1777" 1%
12
common......i—
7% Jan
,
Feb
Feb
Jan
4% Feb
8% Feb
14% Feb
18% Feb
2% Feb
5%
Feb
Jan
22%
Feb^
19
10
Jan
12% Feb
50
32%
Jan
36%
Feb
30
13
Jan
16
Feb
"1,350
*
150
$%
9%
Jan
300
1%
Jan
200
3%
Feb
9% Jan
:
1%
common..—....—.
4%
Feb
West
1%
3%
3%
5%
commo:
Corp
Midland
4% Feb
13%
12%
'
capital—
Midland United conv pfd--——
•
4%
Field
Rad St Mfg
Class
-6%,
11
Utilities-^'
*
<
prior lien J—..
6 % prior lienu...——.—'
67c preferred class A —*
Miller St Hart $1 prior preferred—
2%'
Common
stock
-vtc—■
Mfg common—-
Montgomery
Ward
«S* Co
—*
—
common.
■r---
4%, Jan
2%.
850
8%
2% Feb
2
■
Jan
200
1%
100
1,000
3
1 %
1%
1,800
1
■
24
36%
.
24
37
50
,
,
740
%
22
Feb
Jan
.
33%
%i
10
-
Feb
Feb
3l% Feb
8% Jan
"
Jan
6% Feb
11%
Feb-
%
9%
%
-
4%
•
Jan
150
-2%'
2%,-
9%
1%
*13)400 '
9%
.
Modine-
11%
;
.
7%
r
•
page 808.
3%
2%
22%
Mickelberry's Food Prod
Middle
Feb
13
101
:— —100
...
see
Jah
*"
Low
57%
30%
12%
13%
•
American Tel & Tel Co capital.....100
Armour Ss Co common
5
For footnotes
4%
69%
63%
10%
Merch St Manufacturers sec—'
Range Since January 1
High
-
5
Advanced Alum Castings
Chalmers Mfg Co.
Amer Pub Serv preferred
Feb
12
,
15%- Jan
"•
■;
100"
10%
Co capital-
McWilliams Dredging common—-
57%
—•
;
600
2%
common—
Packing common——.
Marshall
'
»
6%
68%
Carbonic
McCord
Sales
Shares
:"10
100
59%
-y
Corp common.
Masonite Corp
official sales lists
for Week
Last
cl A..—*
com
Printing Co common—..
Liquid
Allied
8%
'30
Jan
"'ril% Feb
"
preferred
Light Ss Chemical common.
$3.50
Lindsay
Friday
Tube St-Lamp
Libby McNeill & Libby common..
Lincoln
45%
1,200'
'
14%
4%
■
2%
Switchboard common.;——*
Kellogg
Ken-Rad
777'' j,\;'7-
.108
5%
common...——
Feb
Lynch
Allis
77'7 9% Feb :
:'
7% Feb
77
yy 200
2%
2%:;-.-
10%
'*7.
Feb
1%
92
Loudon
D)
100
y
v-:y 210
23%
*7;—*..yy
'
■;
89%
Jan
80%
——
».
Jan
7%
Inc——.
& Maine RR—
Income mortgage 4%% ser A—1970
Eastern Mass Street Ry—
• •
"6s series C—*..1948'
Adams (J
'
Feb
-
1%
22%
—
8%
Feb
90%
Railway Co.
9
■
•
capital—w-
Co
-•'
Katz Drug
Boston
Acme Steel Co
25
y
250
4%
common..
Joy Mfg Co common.—.—
Jan
25% Jan
Feb. 20 to Feb.
Jan
7% Jan
600
17
14%
•■
•
Westinghouse Electric
6
:
Feb
Jan
63%
—4-
System
•
•
12%
2%'.:
m
i7f
1%
64%
Metal is Tunnel—.
Waldorf
y.
1%
y
Illinois Central RR common.:
-•
International
Co—
Vermont is Mass
210
12
17
'\:y,y
Illinois Brick Co
29%
Inc.—.—
Rubber
S
28
?
12
1%
33
(The)-——.
United Shoe Machinery Corp.
U
Hupp Motor Car common.——__._1
5%
Union Twist Drill.——
Utah
Feb
9%
——
Webster Inc——
Fruit
28
12
23%
Jan
United Drug
50
common—j—,
Feb
Feb
1%
Jan
66c
United
f
-25.
Apr
7% Jan
100
'
—
Co
7%
8%
14
8%
'77:- 550 7-"'
9%
8%
Houdaille-Hershey: class B._—■
Hubbell Harvey Inc common————5.
■ 17:
101
iV Jan
23%
Torrington
215
x7%
8%
;
47c
Jan
RR
Quincy Mining Company—
Association
Inc
14:.
"
Pennsylvania
Stone is
3
c
4
6% Jan
13%
Harnischfeger Corporation common—10
Heileman Brewing capital.
-ly
■J 8%
Jan
Narragansett Racing Assn Inc
y.7—-•
New England Tel is Tel—
N Y N H & Hartford RRNorth Butte Mining——--—
Shawmut
——10
common
Hein Werner Motor Parts..
Nash-Kelvinator
Reece Button Hole
Hall Printing Co
•
Feb
Jan
1% Feb
Jan
24
Feb
Jan
38
Feb
<
Volume
THE COMMERCIAL
Number 4155
157
& FINANCIAL CHRONICLE
803
OTHER STOCK EXCHANGES
Friday
,
„
*
•
,5i*—;
'•
STOCKS—
-
■
•
Springfilled common..-.
National
5'/a
10
50
5'/a
32
31
32
28%
28%
28%
4%
100
North American Car common
-20
11
12
Northern
Illinois
Northwest
Inc
111
13%
Feb
Clitis
18
Feb
Dow Chemical
Feb
Eaton
Feb
115
115
115
10
6%
2%
■
*
Quaker
Oats
'
■
6%
'A
Co
2
,
.
2%
Interiake
Jones
Jan
28%
Feb
4G.V4 Jan
50%
22
28
Feb
Steam
&
23%
Jan
-
4%' Jan
550
6V2
Jan
100
1%
/;
Feb
.
7%
9%
~5%.
16%
Metro
Feb
2
.
;
.'
X81%
Jan
70
90
Feb
82
Paving
7%
Cement—^
Brick—-.
Ohio
Refining,
Prior
5%
3%
^
new—
3%
preferred 6%
4
5 Va
,
79
Packing common
Mi'g Co common—
67V preferred
'
36
*
5;W":: 5% ' /
36
r
50
350 "■
Feb 1
-
Sangamo Electric Co
capital^—-i_l
Roebuck
Sears
Co
<te
Signodc Steel Strap
8%
63%
Spiegel,
Dredging
Preferred
Standard
647
100
200
11
-T"
common
———
—
Feb
5 Va
Feb
79
268
14,
.25
Sterling Brewers Inc common--—-i-
1
Indiana
oi
600
1
Jan
1%
Jan
110
8
Jan
9%
Feb
J«n
Upson-Walton
Feb
Weinberger Drug Stores-
Feb
White
,
Feb
Jan
.Unlisted—
Stewart Warner
—
V
common--,-—: -5
common. „5
Corp
'2 %
9%
Suiiusirand Machine Tool
Swift
&
Swift
International
Texas
Corp
2.400
4 8%;' 9%:
'.A
"Jan
V:;;'7"■%' Jan
17%-'
1,350
14%
24%:
4.750
29%
31
45%
46%
570
46%
Jan
29,
General
Feb
Feb
-
31
Jan
(J
Co
Onion
Carbide
U
S
U
Air
9%
.20
62%
capital
—5
19
.19%
51
53%
common—
Transp
•
common
cumulative
53
:..
100
preferred
Utah Radio Products
8%-:!
10
46%
N
562
79%
U
50%
Jan
1,367
.■47 %
112%
2
:
Iron
Co
: 21%-: 22
common.
Union Tel common—— .100
Western
32%
Westinghouse Elec & Mfg.common. ..50 !
"v
80%/Janf
6%
Woodall
Industries
common.,
(Wm
Co
Yates-Amer
Zenith
i
Jr)
Mach
Radio
3%
a34% a34%
Central
Oil
.2
capital.
«4\
67
7%
Feb
49%
Jan
51%
Feb
170
a34% a35%
400
130
7%
common—;
RR
——
al4V»
-
common-
S
Steel
7%
a
15
a
15 '.
8
150
208
14%
:
182
a8
a53
55
a53 V4
105
all% all%
.
Youngstown
Steel
Door
common-
70
Watling, Lerchen & Co.
Feb
6%
Members
Feb
3%
Feb
Net York Stock
,;-3 %• Jan
58%? Jan
4%: Jan
6%
Feb
:
155
6
6%
19%. Jan
25%
New York Curb
Exchange
Associate
Feb
400
25%
4% Feb:
a
100
•
67
25
1,050
v.
25%
common.
.4"
*
65Va
Unlisted
;
Detroit Stock
Exchange
Chicago Stock Exchange
Feb
67
Ford Building
DETROIT
Stocks—-
i':" 7%
Radiator k St San com.
7%
.50
26%
47%
50%
Anaconda
Copper
Bethlehem
470-
Feb
Jan
Jan
28
Feb
Jan
50 y4
Feb
;
59%
61%
1,070
7%
8%
668
6%
36%
34%
36%
1,800
30%
61%
;
Feb
Feb
7%
Jan
Jan
Feb
-8%
36'/a
Jail
56
Feb
Detroit Stock
•'>-,*
;
'Curtiss-Wright
General
7%
6%
45 %
1,450
8%
Steel Corp. common....
: ;:
; V
Mining——.
24%
600
28
Atchison Topeka & Santa Fe com— .100
Electric
Co.
Interiake Iron Corp common.
Martin (Glenn Lt Co common.
Nash-Kelvinator
7%
7%-
;7%
-
19
/
Corp.
14
■'?
7%
.'13.
6%
1,300
14 Va
2,200
17%
19%
355
13%
14%
20
1,015
'
:
8%
■
Feb
Feb
20
Feb.
to
26 both
v'-VV V
inclusive*
-i,/
Friday
Last
Pictures
19%
common.
Inc capital.
Pullman
..
:;
STOCKS—
Pure Oil Co
(The)
14
common.
Radio Corp of America
3
r
16%
26%
Jan
32
Feb
Baldwin Rubber
9 Va
V
:
1
Jan
14%
Feb
Brown,
•Atlas Drop Forge common.^—
V5^
2,550
-16%. .,1.6%
—
Jan
Sale Price
4
•
"■
525
14
.
-
5%
capital—25
51 Va
:
—1
jStudebaker Corp, common
,5%
50%
tommon..a.J
Standard Oil of New Jersey
7%
••
130
8%
.
803
,.1
4%
.
Jan
4634
;
Jan
«
423
.
*
5%
v.
,
,
.
.
Jan
-s;:
6 Va Feb
51% Feb
Crowley,
8% Feb
I Yellow Truck k Coach class B.^—1
200
16%
370
16%
31%
Vj.: J an,
12;% Jan -
-
Motors
Nav
1%
common
to Feb.
26 both
Exchange
Week's
Last
Range
Sale Price
STOCKSPar
'
American
Low
vv;f"vv;,
-20
Laundry Mach.-J
of Prices
.23
High
22%
:100
Preferred
18%
-7%W
•
Low
23%.
104 ,104
,
Range Since January 1
...
vl50
O
N
&
T
91%
P
Telephone
Cincinnati
Union
Dixie
85
8%
Cincinnati
Crosiey
68
-
Stock
••
.
Yards-
8%
8
Art.
Hatfield
•5
-v. :
.
v-
260 f
■
9%
8%.
preferredi.__
20
20
Hall Lamp common.
25%.
-
Lunkenheimer
Magnavox
Meteor
.2.50
-—
r
Class
2%
,3
-
Procter & Gamble common.
Randall
'24%
21
21
•
2%
3
class A——
B
S
Playing Card—
U
S
Printing
—10
3%
Jan
»>
104 v :
Feb
8 :/
Jan
•i.
■
.
700
^35
••
Feb,
-,' Jtin
60
-
-
General
.10
...
2%
•-v.
Feb,
Kinsel
Jan
Kresge (S S)
..Jan
Drug
Brands
footnotes
see
page
808.
3%
26c
Jan
2%
Feb
4Va
540
Jan
2
2,120
4%
Jan
4%
Feb
26c
180
4%
5.^30
4
4%
47%
Jan
Jan
1%
91c
■
Feb
•.
26c
Feb
Feb
Jan
4%
Feb
Jan
1%
Feb
3% Jan
4% Feb
47%
777
44 Va
Jan
2%.
2%
200
1%
Jan
2%
Feb
1%
•;
1%
12.100
83c
Jan
1%
Feb
200
60c
Feb
60c
60C
Feb
48
€0c
Feb
10%
26
-r..
8%
20
2%
130
*
20.
.
;
-
20
20
.
25%
23
2%
3
1,779
35
Feb/.,
:8V'4
407
55
1_
McClanahan
Oil
Michigan Steel Tube
Feb
Micromatic
Feb
Mid-West
Feb
20
Feb
Jan
23Vi-. Feb
2%
Jan
•
Jan
Hofte
common—
—
Parke
Motor
Davis
Peninsular
Mti
Rickel
<H
River
Feb
Simplicity
Jan
Udylite
Feb
U
4
125
3
Jan
36
,
"
common——
Prod
Timken-Detroit
Feb
3
Jan
Jan
13%
562
10%
2%
3%
359
47%
48%
52
44%
5%
240
...4%
-.2
%
4
■
13 Va
Feb
Jan...
•3%
Feb
Jan
48%, Feb
Jan
Jan-
Feb
Feb
Jan
7
Jan
68c
Jan
49c
100
19% Jan
Feb
Feb
18
12
Feb
2%
Feb
Feb
51c
Jan
22 V8
Feb
300
2%
Jan
3%
Feb
920
1
Jan
1%
Feb
'■
1
10
*
3%
3%
*
:
common.—.IZLi
4%
2
V
'
29
•
95C
.
Feb
Jan
1%
Jan
1%
Feb
2
Feb
Feb
4%
Jan
5%
4%
Feb
5
Jan
800
420
1%
Jan
2%
Jan
450
5%
Jan
7%
Feb
100
i.-'.V
7
22c
1%
100
5%
1%^
Jan
2,300
1%-
4%
•,
13c;
3,800
1%
5%
•
■j 2 yy
—
22c
1%
1%
.-
5%
1
.
'
2 %
912
3%
576
29
99c
2%
Raisin
Paper
1,000
-
Jan
3%
Feb
28
Jan
29
Jan
76c
Jan
99c
Feb
6V«
Feb
250
2%
1%
2%
Jan
2%
Feb
400
2%
2%
1%
common
2%
2%
W), common.
Feb
2%
-2%
common.———50c
Car
■
'»'V;
common
20 Va
Jan
common——
20c
—1—
< 1%
'i*—
:u_—
17
30%
1%
300
50c
22%
—1
common.—
Murray Corp
215
10
51c
2,500
Jan
6%
Feb,
3
1%, Jan
35
4%
850
49c
<
9%
2,300
1
2%
22 Vs
_1
common— —1
Abrasive
20 y2
3
7
68c
2%
10
common
Silica
55%
36%
50c
100
1%
Feb
8V4
27%
..
65c
2%
Feb
14% Jan
330
1 Va
10 %
■
Jan.
Feb
3
6%
5
68c
1
18
Masco Screw Products
Michigan
24% Feb
'v
7
*
—1
4%
1,140
3
Feb
20
-
17%
3
26
Jan-
Jan
..
105
6 Va
12
common
2Va
Feb-
v,7-%
/ v.15;.
'
5
6 Va
10
common—
common
48%,' Jan,..
12
Feb
2%
Lakey Foundry •& Mach common--—-2
11% Feb
9% Jan
,
100
5%
Motors.
Standard
For
_»■
12%
Jan
19%
3
17%
70c
100
3 Va
1 Va
Jan
2%
Feb
:• 350
1%
Jan
1%
Feb
•
S
Pattern
common——
Class
—*;
Va
100
28%
Jan
2% \
2%
2%
100
2%
Feb
2%
Feb
-1
2
2
2
300
1%
Jan
2
Feb
.50
common.*—
common
B
19
19
19
25
16%
Feb
19
100
3%
Jan
4%
Feb
Jan
1%
Feb
.10
30%
Warner Aircraft commoni
Wayne Screw Prod
common.*—
30
4%
1 Va
1%
1,400
-
3c
1%
lVa
1,030
4%
1%
common.-
Wolverine
30%
4%
1 Va
Brewing
-!(
...I
Axle
common
Radiator
-1
Universal Cooler class A_
.25
4%
2,414
B-j_—
Preferred
Rolling Mill.
City Ice & Fuel.
15.132
91C
c'-:;~c,70..:, ..Jan
rw,7V4. Jan
-
91%
9
,
'
Feb
..
class
Products
86
8IV2-Jan
84
-
UnlistedAmerican
4%
19%
10°
5
-
Hudson Motor Car, common
Hurd Leek & Mfg common.——
780
3%
Feb
100
1
Houdaille-Hershey
55%
36 %
-
Feb
2
1%
1
Hoover Ball & Bearing common
54%
3
U
5%
Jan
4%
1
Feb
20%
55%
Jan
1%
10
Feb
Packard
Kroger
Feb
Jan
Jan
1
4%
—**3
common..
•::i8%
Jan ;..
;
1,244 iv
69
:
25%
1%
11
4%
*
Michigan Die Casting
preferred——
Participating
84 %v
-.10
v.
8% '■
-8V4
2%
*
prior
91%
85
-
10%rll%
r
Cream
Eagle-Picher
Gibson
8% *
68
.
Corporation
Ice
89%
v
85
Cincinnati Street
Jan
_1
Brewing-common
23%
Janv;
vviL/f '99%
n
8 %,
::::v High w;
20%-Jan
,410
-
\
Kingston
Cincinnati Gas & Electric pfd
Jan
11
■
18%
.
Champ Paper & Fibre—-.
Churngold
Shares
Feb
Jan
200
26c
26c
Brewing common
Graham-Paige common
Grand Valley Brew common
for Week
.
11%
75c
114
4%
common
Motors
Jan
9%
600
2%
•
common
General
Sales
1%
475
•'2%
Goebel
Friday
Jan
1%
'3%
■M%
common
•Gar Wood Industries common*.
inclusive, .compiled from official sales lists
1%
5%
19
Federal Motor Truck common
Cincinnati Stock
5% Feb
256
-
A
11
91C
•Frankenmuth
Jan
1%
19
Corp
7
4 Va
925
-
Jan
974
1%
5%
5%
91c
Stove
High
500
-
11%
1%
1
11
common-
Ex-Oeil-O
20
■
11V2
;;V 1%
Detroit-Michigan
Feb
Range Since January 1
.
-12 %c
common
Cleveland
Edison
;l
v
Low
6%
5%
1%
common-..:^..
Eureka Vacuum
Feb.
5
Detroit Gray Iron common-
Feb
16%
25
j.
Machine_L--.
coinmon_-.--iip.--.
Milr.er
-Detroit4 &
1
Detroit
"31%
31
S. Rubber Co common——10
5%
Shares
High
%«%;■
Capital City Prod common.^—
Continental
Standard Brands
6%
1
common..— .—1;
Adding
Biscuit
Burry
Feb
Jan
•
of Prices
-
Low
5
common—
McLaren
Burroughs
,^7%: i3%:'
7%
common.^*..
Republic Steel Corp common.
:
15%
•
official sales lists
Sales V
for Week
Week's
Range
:
Par
Paramount
Exchange
compiled from
Feb
19%
Feb,
Feb
14Va
Jan
10% 3an
1,200
32>
"
18:-v Jan
:467
'8%
,
Jan
6
P. 500
20
•
31%
Hew York Central RR capital.
C
Jan
50
35
a27% a28
Telephone: Randolph 5530
American
!u.
6%
190
Feb
89%
-
.
5 % Jan
.
Jan
a33% a34%
Feb
33%
.
.
1%; Feb
700
5,150
Jan
13%
■
•
capital-
Corp
-6%' ;
2%
Jan
7%
Jan
Feb
22%
26%r;Jan-
Williams Oil-O-Matic common—
5%
Jan
Feb
3%
20%r Jan
:503
V
Wieboidt Stores Inc, common-
Wrigiey
;
550
310
86%
85%
Jan
Feb
•
"32% .33%
86%
4%
7
13%
Feb
9
135
al7%al7%
common.
common
:
Walgreen
Jan
Feb
53%
116%
Jan
350
■
27
Feb
20 V8
Jan
,
3,
>
Feb
Jan
205
,
Jan
64%, Feb
16%': Jan
-,150
.
Jan
82%
Jan; ; v'
80
?
64%
Y
—
Twin Coach common...
Feb
9
10
■
Jan
8
■'
;550
115% 116 Va
1
common
8V4.Feb
200
o0%';:82%
& Carbon capital..
Co
Lines
Steel
S
1%
8V4
25
common—
(The)
Gypsum
United
J2
common———-
R)
Trane
Feb
23%
120
common.
common—:
Rayon
Interiake
•
Thompson
Electric
Industrial
Ohio
Jan
42
427
!>
Feb
25
■
common
Grapliite Bronze
Firestone Tire & Rubber
Feb
17%
?^'a- Jan'
12 Va
,
Addressograph-Muit
Cleveland
2% Feb
9%
16%
23%
25
capital
150
17%
.15
capital—.
%•'•:• 2
12
Feb
;
31% Feb
x23%
31
capital———-—— .25
Co
r 2
■
Jan
12%
250
7%
al9
a32% a33%
Feb
~
•,
7%
<,v
11%
95
346
26
al8
—...
Feb
i:
;.
—-
Youngstown Sheet & Tube.
4%
2 %
14%
v
Jan
1,100
Feb
Motor
46
•
a27% a27%
5%
5%
11
Feb
1%
25%
'Thompson Prod Inc
•
"Jan
3
Bros.
24%
.
17
700
-31%
65%
;.
Jan >
T>i 1V2
1,650
14%
30%
31%;
.
9%
23>.* Jan
79
9%
12 Va
9%
Electric
Richman
Jan
1%
12
Feb
65
9%
'{■
12%
.Jan
Feb
Jan
12
9
Feb
100
Feb
3 %
Patterson-Sargent
21
3%
2 % Jan
100
Feb
419
Feb
591'j .Jan
110
2VV'
2
2%
.20
capital—.
Oil
4%
4%
common—-——;; -2
Inc.,
Standard
65%
'■^•11..,
23%, 24%
capital-
common-—-4-»-
South Bend Lathe Works capital—.
950
Feb
6
16%
Jan
5%
%
2%
■
Jan
4
10%
Jan
;
Feb
Feb
Packer Corporation
Jan
35
10 Va
Feb
Jan
Feb
Jan
14%
l(j
5%
7%
Feb
100
Jan
.19
250
14
104
10%
1%
: 50
9
Feb
Feb
30%
100
2%
.2,250
.20%'' 20.% "
20%
a
common—.
Schwitzer
Cummins
2%
2%
Feb
35%Jan
102
100
75
Jan
40
13%
Jan
11%
221
Reliance
Raytheon
Jan"
104
125
:<
5%
10%
National Tile
/
36
R-ath
27
16%
3%
,
100
—
10%
35%
21
35%
16
——100
—J*
Manufacturing-
preferred
Murray
Feb
.
35
Portland
Feb
197
104
a21% a22
& Sessions.
National
81
35
—
Feb
Jan
13
20
20
12.:.
104
Laughlin.
10Va
10%
1,465
12
■■
Medusa
Feb
14
High
Feb
415
a28»/a a30%
Lamson
■
common
hip
12
i,.
Feb
60 "
750 :
SteeL.._
Pressed
15
113% 113%
a35% a35%
Fostoria
Jan
Low
9%
30
13%
13%
preferred
Goodyear Tire & Rubber—--,
Hanna <M A) $5 cumul preferred.
Jan
75
Feb
common-
Manufacturing
lists
Range Since January 1
200
10%
al3
14%
Feb
466'
1,245
■■■,
Vy\
9%
.A%\
■
common-
Feb
70
10 %
Feb
7%
Jan
2%
30
7%
8%
commons
4%
1,000
-
X71%
28
Poor & Co class B—_1
115
350
6%
2%
[■
Corp
Shares
High
al3
—
Controller
86
B—
'
Clark
Jan
50%
f
Jan
Feb
Jan
28%
.'
10%
17%
of Prices
Loic
sales
Sales
for Week
Range
Sale Price
Elec Mfg
City Ice & Fuel
9
26%
"
Jan
Apex
9% Feb
,
56
26%
;
153a
■'
Jan.
110
49
i
7%
460
cnpitttl—
Car
8% Jan
.150
200
70
Corp (The)
Feb
official
Week's
Par
18
Perfect Circle (|The) Co_
Pressed Steel
12
STOCKS-
13%
Peoples Gas Lt & Coke capital-;
Process
Feb
86
preferred-
common
Feb
29%
14%
6%
preferred
Pennsylvania KB
Feb
32 %
79%
common-
body Coal
Pea
,'f
Corp
5 Vi
Jan
Jan
Exchange
inclusive, compiled from
Last
100
preferred-
preferred—
Oklahoma G & E 7%
Omnibus
16%
13 %,
Jan
;
,
Feb. 26 both
to
Friday
100
common.i.
7%
Util
lien
9%
16%
common
.,
1,450
,.
9%
common-
Bancorp,
West
Prior
Corp
Airlines
Northwest
North
common——
20
Jan
23%
250
—5
Standard
ll'/4
Jan
Feb.
Feb
26%
250
-10
NoDatt-Sparks Ind Inc capital—
National
High
11%
Jan
9%
425
■■
.
Cleveland Stock
Range Since January I
L010
11%
10%.- 10%
—2
common
Shares
High
11 %
ZZ i
Cyiuiuer Uas common—
National Pressure Cooker
Low
O
_
for Week
of Prices
Par
Nachman
Sales
Week's
\ Range
La.si
1
Sale Price
4%
300
3c
3c
1,000
88c
30
Feb
Feb
1 Va
Jan
1
Va
Feb
4
Jan
4%
Fe b
3c
Jan
3c
Feb
Monday, March 1, 1943
COMMERCIAL & FINANCIAL CHRONICLE
THE
804
OTHER STOCK EXCHANGES
Last
Angeles Stock Exchange
20
Feb.
Petroleum Company—
Corp—
Diamond
Blue
Bolsa Chica Oil
common
2.25
4
'
Department Store Inc
Buckeye Union Oil Co common———1
Preferred voting trust certif
1.
—*:
Co——
Corp
i
Lincoln Petroleum
Aircraft
Lockheed
Corporation Ltd
Nordon
47
■
Corp
Ryan
Philadelphia Elec Co 4.4%
Phi'co
Reading
Jan
10%
Jan
1.35
Feb
8c
Feb
1,000
35c
Jan
5
Jan
Feb
30%
Jan
33
Jan
155
27
Jan
27%
Jan
I
34 %
Jan
39
Feb
/
615
2.40
9
£
2.65
Jan
2.10
Feb
v
a35%
7%
'
itp.
Jan
9
Jan
r;:...
50
17%
Jan
20
260
;
Jan
26%
500
2%
Jan
2%
23%
23%
24%
1,637
21%
Jan
24%
31
31
30
Jan
31%
28%
Feb
30%
32%
Feb
18%
17%
19
3,255
16
Jan
19
33%
35
2,098
28%
Jan
35
1%
Jan
2%
100
2%
■
.,
2%
Feb
Stocks—
v
Inc
Coal
Biaw-Knox Co
Corp
Steel
Bethiehem
Jan
8%
Feb
Jan
18%
Feb
Jan
11%
Feb
Copperweld Steel
8%
130
7%
Jan
8%
Feb
Devonian Oil
Service
Cities
7%
a33%
27%
Jan
6%
Jan;
4%
3% Jan
Jan
7%
Feb
131%
Feb
135%
Feb
34%
100
32%
Jan
34%
Jan
28
425
24%
Jan
28
Feb
3 %
Jan
460
4%
4
Jan
406
;■*.
6%
50
21%
Southern
&
Continental
Oil
(Del)
Co
117
4%
4%
Jan
50
Feb
Feb/
21%
Feb
4%
Feb
1,090
Corp——*
-1
5
S-.
:—•
*
Goodrich (B
—
—0
Graham-Paige Motors Corp.
—1
Int'l Nickel Co of Canada
i
*
International Tel & Tel Corp..-———0
Corp—
F.) Co_
Llbby McNeil &
Loew's Inc
7
Libby common
Montgomery Ward & Co—
York Central RR
*
Aviation IncNorth American Company
1
*
American
*
•
1
50
Ohio Oil Company—.
Packard Motor Car Co
Paramount Pictures Inc—
Pennsylvania
Oil
Co
RR
Corporation of America
Oil of
Standard
Standard Oil Co
&
Inc
Webster
Studebaker
&
capital
(New Jersey)
Ind
Corp
_
Company
Texas Corp
(The)
United
Aircraft
Air
Corp
United
States
U.
S.
(The)
For
footnotes
——
see
page
42%
Jan
|
5%
Jan
808.
...
Feb
53%
Jan
23
22
Jan
23%
Jan
Jan
%
Feb
I:':
44%
,
325
1
/k
u
;.'v '
'
'
%
200
%
Jan
5%
5%
450
4%
Jan
60
29% Feb
8%
660
23%
6%
7%
Feb
17%
:
Jan
21%
Jan
Jan
7%
Feb
9,205
19
22%
Jan
103
30
24
12%
21%
.
',
107%
Feb
13%
24
Jan
Feb
163
Jan
13%
Feb
for Week
of Prices
Sale Price
—/f.
Low
_
11%
15%
15%
10 %
10%
Radiator
3%
Feb
Jan
11%
Feb
Jan
16
15
/
_
8V4
909
;
1%
100
13%
Jan
17%
Feb
60
10
60
Feb
60
Feb
174
7
Jan
7%
Feb
80
2%
Jan
4%
Feb
100
5%
Jan
7%
Feb
1
.
•!
7%
4%
4%
7
7
60c
/: .i,
75c
V ;,V
75c
10
Federal Corp common
40
rfV::
9%
Feb'
9%
80
1%
Feb
1%
100
37%
Feb
40
'
1
■Vv;
*
5% V
-
1%
91%
1%
66
5%
5%
170
'
:
"
.
20
36
■
■
•
20
?
Jan
Feb
5%
Feb
Feb
36
Feb
15%
40
36
19
.•:;r
36
•
-
1%
■>;
36
Jan
20
Feb
'
100
pfd—
Steel Foundry
Westinghouse Air Brake
Pittsburgh
Feb
Feb
91%
Jan
Jan
Feb
Feb
40
Feb
84%
4%
68
1 %
90%
•
5
25
—
240
1%
1%
.100 '.W-w
1,515
75c
Jan
25c
9%
9 %
9%
•
Pittsburgh Plate Glass
Pitts Screw & Bolt CorD
Feb
Jan
100
■
Pittsburgh Coal Co preferredPittsburgh Oil & Gas
_
Feb
10%
1%
Jan,.
1%
>.
7%
1
_
A
17%
a
Penn
Jan
9%
100
165
17%
■•-"yy *i
__
Feb
'
1%
Fireproofing Corp
National
Feb
Jan
,
•
Nat
.24 ;•/
7%
60
_"V./
Supply
Mountain Fuel
Ki
.
2
2,480
3 V4
1
High
Jan
Jan
6
359
7%
11%
-.v-v-C"
15%
10 %
Yv:;:
_
Range Since January I
18%
110
7%
3
1
_
:
Low
24
23%
—
y
Shares
High
23
Par
10
_
official sales lists
Sales
Week's
O
270
St. Louis Listed and Unlisted Securities
Edward D. Jones & Co.
5V2
36%
8%
Feb
Members
-
(
Phone
New York Stock Exchange
36%
Jan
Feb
1%
34%
Feb
Jan
32 V2
Feb
Jan
6%
Bell Teletype 8L
Feb
593
Feb
7%
Postal Long Distance
Chicago Board of Trade
Feb
Feb
CEntral 7600
St. Louis Stock Exchange
Chicago Stock Exch.
Feb
35V2
31% Jan
50
28
.
LOUIS
29% Feb
.
V'■
840
37%
7
1922
Established
705 Olive St., ST.
Feb
20
67
1
100
V
1%
40
33%
7%
7%
60U
67/a
32%
170
A
6
a47%
47%
30
5%
1,000
6%
A 56
■
-.,
35%
34%
:
Jan
Jan'
St. Louis Stock
Feb. 20
to Feb.
Exchange
20 both inclusive, compiled from
official sales lists
—
—
:
? i
a/' va:'
Associate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
•"•••
,
Friday
37% Feb
a36%
10
36%
14%
2,900
•S 10%
Jan
14 Va
Feb
12
12%
375
10%
Jan
12%
Feb
13
13
36%
Feb
12%
14
13
245
10%
Jan
13
Feb
-
14%
3%
4
12
460
15
Jan.
:
:/l5' V:
Feb
Feb
857
■
2%
Jan
15%
Jan
19
Feb
28%
Feb
al8%
18%
53
26%
28%
663
24
Jan
13%
13%
160
12%
Jan.:/:
7%
7%
514
16%
16%
300
5
14%
Jan
Jan
13%
v
.:/ 8
16%
Feb
Feb
Feb
'
Jan
12
Feb
International
725
16%
Jan
22%
Feb
28%
Feb
28%
Feb
Key Company common
Laclede-Christy Clay Prod common
47%
Jan
47%
Jan
Laclede
22% v/
a30%
31
78
a50%
51
46
•v
Feb
7%
7%
8%
8%
278
5%
Jan
24%
52
24%
Feb
19
Feb
8%
25
Shoe
Steel
*
common
common
*
Feb
Mo
Portland Cement common
156
42%
Jan
46
Feb
2,110
9%
Jan
12%
Feb
82%
30 %
National Candy
Rice-Stix
Sterling
87
common
Dry Goods
Alum
common—
common
20
■V
27%
Jan
27 VB
Jan
Stix, Baer & Fuller common
75
18%
Jan
18%
Jan
Wagner Electric
1%
1%
200
IIlO
a31%
31%
13/32 Jan
1%
Jan
~Feb
15
635
20
5%
8
A v..
33%
-
5%
31%
Feb
Feb
-
31
Jan
37%
15%
Jan
20
Feb
17%
Jan
21
Feb
7%
Jan
7%
16
40
5
17
9%
Feb
Jan
8
Feb
Jan
21
Feb
Feb
5%
50
5%
Feb
6
8
45
7%
Jan
8%
5%
436
3%
Jan A.¬
6
33 Va
590
28%
Jan
6
6
100
4%
Feb
6
6
6%
183
5
Jan
17%
18
478
40
40
25
18%
18%
18%
25
15
14%
15
*
_*
1
18
Jan
40
76
33%
6
6%
Feb
Feb
Feb
Feb
Feb
Feb
15%
Jan
18
38
Jan
40
Feb
Feb
50
14%
Jan
18%
360
12%
Jan
15
12%
Feb
18%
Feb
Feb
12%
10
15
12%
200
11
Jan
17%
18
807
14%
Jan
9
Feb
Feb
9
9
25
6%
7%
9
Jan
7%
60
6%
Jan
7%
300
6%
Jan
7%
7%
7%
28
27%
28
90%
90%
90%
450
Feb
24% Jan
28
Feb
Feb
92
Feb
Feb
53%
common
7%
20
5
.—20
Feb
9%
High
7%
45
Jan
50
19%
7%
Jan
170
■Ht.
20
9%
National Bearing Metals common
46
20
19%
20
5%
17
45
36%
Huttig S & D common——.
McQuay-Norris common
*
Midwest Piping & Sply common.——*
100
53%
45
36%
215
6%
36%
5%
10 v4
19%
52%
common—
192
11%
19
Shoe
Jan
11%
al9
*
Burkart Manufacturing common
1
Coca-Cola Bottling common——1
Columbia Brew common
—,
——5
Falstaff Brew common———
1
Griesedieck-West Brew common
0
Brown
Low
High
6
6%
Range Since January 1
Shares
of Prices
Low
50
——
60%
105
a30%
preferred
Jan
64%
12%.
5%
invest common———1
59%
a63%
11%
for Week
5
Hydraulic Pressed Brick preferred—100
19
53
20
46
Sales
Range
Par
Hussmann-Ligonler common
a20
a24
Week's
Last
Sale Price
stocks—
American
?
52%
1%
Jan
Jan
30
35%
6%
12%
1%
5%
250
106% 106%
24
Jan
%
32%
~7%
Feb
Jan
Jan
30
20%
Y:,'J
"V:;
Refrac
Walker
Feb
22%
1%
28%
Feb
——i
—
Feb
13%
Jan
a33%
7%
851
1
:/
Jan
Jan
2
9% Jan
a8
%
U
20%
i.——__
Jeannette Glass preferred
Feb
5%
3%
v
,
22%
:
30
1%
%
=
.
1%
25
—
Dusquesne Brewing
Fort
Pitt Brewing
Jan
7
66
900
.
a27%
—
Company—
Steel Corp
■v
39
.
*
(Del)
43%
Jan
Feb
a37%
1-5
Rubber
Jan
V 48%
Feb
29%
Jan//
170
36%
Lines Transport——— ,—5
United
61%
Feb
67/B
20'
6%
a82%
Corp
Feb
29%
25
3%'
a30
*
1
25
—10
61%
85
6%
13%
5%
Union Carbide & Carbon Corp—
United
38%
179
Feb
24%
-
-25
.
Water Assoc Oil Co—
Feb
14%
■/
13%
3
*
25
25
1
—
Jan
a24%
13%
—•
15
Roebuck & Co
Socony-Vacuum Oil Co
Southern Railway Co
.12%
Feb
13
*
-
260
30
45
a6%
*
Del
of
Oil Co
Seaboard
Tide
61%
a45
—*
Corp-
Steel
Republic
Swift
-*
•
Co
35
533'8
:
50
5
37%
61%
a6%
*
New
Stone
a37%
a29%
*
:
12%
325
.
Corp
Copper
Kennecott
3% Jan
90
14%
a23%
General Foods
Sears,
14%
14%
a8%
Co
Electric
General
Radio
al3%
A
Class
Pure
.
—*
Curtis-Wright Corp
North
4%
Feb
4%
48
21%
459
21%
61%
Solvents Corp—_———-*■■■■
Commonwealth Edison common
25
Continental Motors Corp
41%
52%
•
350
48%
143/a
Commercial
Commonwealth
4%
*
7%
al36% 143
10
Elec Corp
Gas &
Columbia
Jan
0
—25
Company—.—_
2%
Lone Star Gas
———*
CO—
Tractor
Caterpillar
11
Columbia Gas & Electric
8%
5
Borg-Warner Corp ——
Canadian Pacific Ry Co—
4%
7%
6%
*
Corp———
Aviation
Bendix
%-
Oil Co_
Barnsdall
Feb
4%
20
//
"V/v/;
15%
13
5
5
Works v t c
25%
Last
500
—-
Baldwin Locomotive
Feb
Jan
13%
\.
STOCKS—
1,973
,
Corp—0
American Tel & Tel Co—
100 1
American Viscose Corp
—
-14
Anaconda Copper Mining Co
50
Armour & Co (111)
5
Atchison, Topeka & Santa Fe Ry—100
Atlantic Refining Co
-25
Aviation Corp (The)
(Del)—,.
3
Feb
22%
Friday
4.785
Std Sani
Feb
17%
/
•
McKinney Manufacturing
Amer Rad &
18%
105
26 both inclusive, compiled from
20 to Feb.
8%
Stocks—
Unlisted
Jan
600
Pittsburgh Slock Exchange
Feb.
18
11%
143
Feb
23
•
-
8%
"
Fob
115%
25%
..
_
7%
6;
167
Jan
25%
Allegheny Ludium Steel-
200
Jan
114%
t
10*
18%
Feb
149
13%
25
30%
»
...
_
5,792 '
28%
167
•
28%
Jan
Jan
53%
preferred
11 %
6%,
Jan
23%
_
17%
—10
Gold Mining Co
common
8%
/ 6%
Feb
4%
Jan'
3%
1,867
Jan
1
11%
1%
3%
14%
*
?.'i
'
Jan
26%
—
17%
—
2%
135
125
Feb
275
4%
509
4.
Feb
34%
32%
Feb
J an
17%
'.V/Hf;
Jan
32%
Feb
3%
6
Jan
30%
l?'i'
Feb
33%
v-594
Feb
6%
'
4%
15%
_
Corp preferred-
Feb
29"%
48%
29%
-
Harbison
'a Mining
Alaska Juneau
..
Feb
31
29%
Jan
17%
0
__
Feb
.
Feb
44
41%
1
Feb
2%
718
40%
Feb
19%
..
Jan
•3S1/.
26%
v:.
Feb
33%
5,982 "'
3%
17
•vi-v-iL.v
Wesmoreland
19%
22
25%
30%
::
Feb
.,
2%
California
Universal Consolidated Oil
_
Tonopah Mining
Corp
■'
r
'V 4%
25%
18%
♦
$3
Jan
7.
-
4
'/:
100
Sun Oil
United
Feb
16%
115% 115%
•
Jan
35%
_
Feb
4%
75
A-
165
_
Oil Corp
Westmoreland
36%
_
„-
—
Invest
3%
4%
4
RR common
Scott Paper common
S5
2,300
4%
pfd-4—-
preferred
United Gas Improvement common-
26%
*
•
-
Feb
31
3%
■
4%
preferred
Transit
Jan
282
6%
50
Tacony-Palmyra Bridge cl A partic
■;
132
•
5%
0
Feb
25
425
8%
4%
a
25
25
A—25
"|
Feb
27
Feb
1%
'
__
preferred
Dome
Feb
74%
795
48%
1
Manufacturing-—-J
Corporation
2nd
Salt
467
f
3,000
7%
"5
23%
V 31
8%
4%
■
'v :
Jan
4%
y
Feb
39c
•
1st
985
32
30
of
Oil
Union
Feb
Jan
39
2.35
2
25
10
Vultee Aircraft Inc—————1
Western Air Lines Inc—:
1
Transamerica Corp
20%
5c
27
37
Corporation————1
Sunray Oil
Jan
235
32
0
of California
Oil Co
Standard
Feb
17%
225
27
15
Pacific Co—
Southern
Feb
8
47%
28%
8%
40c '
Feb
8%
Jan
50
40%
6VB
Pennsylvania RR_
Jan
97%c
37%
.
..
Jan
6,000
27
Light.
27c
22
5
26%
a36%
California
6% preferred B
5 % % preferred C—
So Calif Gas Co 6 rh pfd class
Pennroad Corp voting trust ctfss
Salt
Jan
330
A.
,3%
3%
National
Feb
2,175
;:.v
27
1
Edison Co Ltd—25
Southern
39
27
&
Feb
Penna
0%
67%
■
7
f
Feb
670
•-
•
'
25%
V
Power
84
Feb
75
8%
73%
3%
"Vs.
70c
6%
8%
ii 50
Valley RR
3
83%
15
84
25%
•
Lehigh Coal & Navigation
Feb
Feb
385
4%
4%
40%
:
Motors
Jan
658
8c ;■
4%
Storage Battery
Jan
1,100
1.35
•
36%
4%
'3%
«
4%
9%
•
Jan
;■
Safeway Stores, Inc——
A
Feb
34
1,125
8%
1.30
1
Oil Corp———■
General
Feb
Jan
25%
*
57 %c
20%
common—.
Signai Oil & Gas Co. class
Solar Aircraft Company
Electric
15%
48%
common—
220
39c
39
1
—0
Inc—-—2
Aeronautical Co—
i
Shell Union
"f
::
Feb
73%
.*
1,500
7
20%
Public Markets
Roberts
Feb
Feb
12 Vs
8%
V
Feb
127%
A/: 25
5
,
Prior preferred /
Lehigh
210
«
—
Feb
635
15 %•
15%
83%
Company
13%
142%
136% 142%
4%
common
Jan
Jan
_
Pub Co
Curtis
:y
29
2.9%
__
*
High
Low
11%
vf- 425
13
"
,15%
:
_
Range Since January 1
Shares
High
12%
12%
142%
__
Chrysler Corp
v.
Low
Tel
Si
Wheel
Budd
Jan
20
Jan t
a9%
'/•if
Feb
Jan
Tel
Sales
for Week
Range
of Prices
Sale Price
•
Asphalt Corp
(E G) Mfg Co
Preferred
■■■!
Feb
9
Jan
-
7c
63
Feb y'
26%
38c
1.30
Jan
44%
8%
8%
Oil Company-—
Ranch
Rice
Richfield Oil Corp
4%
Feb
244
70c
0
Republic Petroleum Co common
Jan
282
7
-1
com
8%
22%
29%
70c
Budd
Feb
47%
36%
38c
9
47%-'
%
Jan
Jan
7%
300
7
*
68%
Feb
63
268
Week's
Last
> 7
.
American Stores
American
6%
3%
^
Barber
19%
V 400
25
.
Feb
100
,
?
9
70c
Products——-——--—0
Paoinc Gas 6i Electric common
25
6% 1st preferred—
—
25
5% preferred
——
25
Lighting
STOCKS—
Jan
9
Jan
r
Jan
2%
250
82
inclusive, compiled from official sales lists
26 both
Friday
Feb
7%
165
36%
Pacific Clay
Pacific
29%
Jan
63
29%
—
Oceanic Oil Company
Feb.
Feb
1,236
4%
25
10
*
1
————1
1
Mfg Co
Menasco
Jan
25
68%
2,910
8%
•:* :/i 2,740
4% '•
25
Co——10
Investment
Angeles
Los
4
—*
--1
—-10c
■---
to
a
Feb
92
21
19%
•
8%
Co.——-—-1
Co_
Jan
18
Jan
9
63
Motor Car Company—
Hudson
Lane-Wells
20
Jan
8
8%
8%
'
class A common—
Development
3c
vJan
•
of
Hancock Oil Co
Holly
Feb :
100
y
4%
•
9% Feb
Jan
4% Feb
Jan
Jan
82
34%
4%
a33 %
Jan
19
8%
9
21
America-.^-—
Douglas Aircraft Co—
Electrical Products Corp
——
Exeter Oil Co common A—
General Motors Corp common
Goodyear Tire & Rubber Co
Feb '
Feb.
Feb
3c
24%
50
74%
X a73%
—————
Creameries
8%
8%
a 74%
Consolidated Steel Corp.---——
Preferred
9%
105
28
27'/a
8%
'■'■M
24%
a24%
common—*
Central Investment Corp——.—100
Cessna Aircraft Company
———1
Chrysler Corp
i5
Consolidated Oil Corp——
l
Par
Packing Corp
California
Jan
16%
100
Philadelphia Slock Exchange
Jan
Jan
90c
lc
»;'■
200
18
18
*
Byron Jackson Company—
lc
1,000
195
1
lc
1,000
9%
86%
^10
Co-
Feb
4%
1.60
Jan
Jan
7%
670
lc
lc
lc
Jan
1.35
75c
325
•:
9%
lc
;
3%
-
100
82 %c
9
Broadway
:
a
High
Low
7%
9%
85%
5
—J50
Co——
High
Feb
2.25
Feb
3,350
4%
1.60
82
1
~
.V
1.60
1.80
14,000
2.25
1.35
4 :
50c
1
2
Inc
Accessories
Aircraft
Banditil
(F W)
Low
Range Since January 1
Shares
High
Low
High
Low
Par
Range Since January
Shares
of Prices
Sale Price
STOCKS—
El & Mfg
Willys-Overland Motors Inc
Woolworth
for Week
Range
Last
Warner Bros Pictures Inc__——
Westinghouse
Sales
Week's
Friday
Par
official sales lists
inclusive, compiled from
Feb. 20 both
to
for Week
Range
of Prices
Sale Price
Los
Sales
Week's.
Friday
STOCKS—
48
BONDS—
St Louis Pub
Serv 1st mtge 5s
1959
90%
yolume 157
THE COMMERCIAL &'FINANCIAL CHRONICLE
Number >4155
805
OTHER STOCK EXCHANGES
1
:
.'
•
"
•.'!
-v
■
•
■
■
"
"\
Friday
i
Week's
Sales
■
San Francisco Stock
Exchange
•
.
.'
'
Week's
Friday
Last
•
•
•.
Accessories
Aircraft
Low
—.50c
—
2.25
Fund
Atlas
Imp
Diesel Engine——!—!<.;—5
.
7
~8%
Bank of California N A——'——i—80
i
120
Jiih
7
6%
Jan '
8%
1,100*
-
•
1.95
102
•2-7
100
14 *
Jan'
•
Jan
•••
1.50
:
Spring
Tide
Feb
Art
California
Cotton
California
Ink
Tile
class
25c
B-c^-——-*•
25c
80
;
,
common—-100
28
28
160
capital—
Packing Corp common——?
32
32
30
Mills
Feb-
27
California
Preferred
—.u!— i
Water
Calif
Central Eureka
53%
46
44%
1.40
Feb
40
~4 %
4%
13%
13%
90 %.
90%
Preferred
-—!—*
Di Giorgio Fruit Corp
Preferred
44
48
Corp.!—
Capwell
Emporium
Preferred
Co
4 ■&
14%
Indm
Ins
•
Co—10
Corp capital———2%
15
common
!
50
64
Feb
10
74
Jan
.;•;.
V 155
6%
A
„
...
40
Jan
;.
9%
McBean & Co—4————*
Golden State Co, Ltd—
5%
Hale
Stores
Bros
*
Holly Development
Honolulu Oil Corp capital—
—1
—
Honolulu
Plantation
—
Co—20
15%
15 %
15 %
70c
.
120
12%
70c
19%
Inc
12%
.
19%
Jan
190
1,200
18%
125
6%
'
9%
41c
Jan
4%
Feb
Feb
Feb
17%
Jan
20 3/4
Feb
15%
Jan
19
Feb
15%
4%
4%
34%
34%
34%
11%
12%
200
4,312"
Jan
19 %
Feb
Jan
4%
Feb
1,954
28%
Jan
34%
Feb
650
10%
Jan
12%
Feb
Feb
40
■
8%
7%
8%
17"%
18%
4
-10
10%
11%
4%
4%
Consolidated
Oil—
5
—
Aircraft
13
8%
3%
Pipe &
—
—
Steel
Co—_;
18 %
8%
Jan
11%
Feb
1,200
3'/a
Jan
4%
Jan
150
11'/a
Feb
20Q
7
Jan
B%
100
3
Jan
3%
Feb
18
18'%
34
34
preferred.10
13
Jan
Feb
3%
—50
1
8%
Jan
8%
.
10
Series
Co
Jan
15%
1,360
•
6%
1,280
13
r.
-----1
Department Stores common.."
8,654
-
3%
300
V;
'•
...
,
3%,,„
Feb
15%
Jan
18%
Feb
30
20
Jan
34
Feb
159
Radiator
American
Tel
&
Stand
&
Sanit—*
8
7%
!—100
Tel—
2.80
Jan
3%. Jan
(111)
6%
737
Jan
,
Feb
8
Feb
135%
Feb
"75
33'/a
Jan
33%
Jan
a27%; 28% T
———50
335
26'%
Jan
27
Feb
Jan
3
Jan
33%
135
3
3
2.60
2.60
101
1.80 Jan
2.75 Feb
4%
150
3 %
Jan
4%
—5
common—
325
34% 7:
a
Anglo National Corp common A—*
Argonaut Mining Co
——
Co
8
al36% 143
——14
a4%
60
V
3
Feb
.100
49%
50%
530
45'/a
Feb
4%
4%
3,950
3'/a
Jan
Jan
49%
—3
4%
Feb
Bendix Aviation Corp
.———5
Blair & Co Inc capital—————1
a36%
38%
105
36 %
Feb
36%
Feb
55c
Bunker HilL&
—
Sullivan——
85c
99c
11
2'/a
11'
'
100
Jan
99c
Feb
9%
3,587
.
Canadian
.-
Pacific Railway.
Chesapeake & Ohio RR——
Cities
Jan
11%
Feb
Service
7
Jan
6%
Jan
Jan
206
15'/a
Jan
18%
Feb
——
150
7%
Jan
8%
Feb
—
701
7%
Jan
8%
Feb
Jan
37%
Feb
Oil
Corp..—.
Jan
Curtiss-Wright Corporation
Dominguez Oil Co.—
Feb
Elec
Genera]
19%
Feb
Gt
8
Feb
Consolidated Edison Co of N Y„
Feb
; 7
6%
"5%
105
Consolidated
15%
Jan
100
106
'J
common—jr—;
Jan
75c
Feb
Co
Feb;'."
Feb
.
15%8
Jan ,!
>vF' 20
6%
Feb
13
.
Jan
16%
Feb
10%
Jan
55c
Jan
:•
:
14
8
f
48%
Feb-
6%
„
;
-
15%
8 7:
■>!;;.!!//A
•'!:.• 12
100
•
173/4
19%
2
—
Atchison'Top & Santa Fe
Corp of Del
Feb
10%
Jan
220
.
.Feb
48%
Feb
155
"
17%
17%
10
California
Aviation
42 %j Feb
.
r.;r 48% Feb
1,208 V/V' '-4%, Jan
100 ji
-9
.Jan
10%
15 %
—;
15 Va
*
9%
44%
1,166
6% F
10%
'■
—
65
..77%
v.-100
u:
3%
828
High
Jan
Feb
-
200 •;
48'%
48%
i'
25
Co
Armour &
Feb
'
Gladding
\
Feb
F'
20c
'
♦
common
American Viscose Corp.
Anaconda Copper Mining
Feb
41
47%- 48%
48 %
——
8%
Jan
9%.:
48'A
common—,
Jan
Jan
•,/.% 9%'
common—!_10
Corp
7%
13
42%.
Preferred
Greyhound
5
140
38
42 %
Paint Corp
JV Feb
30'
Corp common._ 10
Corp
48
Oil
American
•
Feb
995
77%,
Motors
10%
Jan.-
•
20%
7%
.-••'•'Unlisted—
•
65
General
Jan«-
14%
77%
Metals
Feb
*
40%
65
General
5 %
33
534
:
92
14%
Co.—10
Fund
Machine
Genl
;•.
1
Feb
•
'/a
18%
—
Yosemite Portland Cement
Feb
13%
Jan
Ltd
Yellow Checker Cab
Feb
A* 4%
40%
———————50
Fireman's
1,852
vJVi,
■.
81%
207
'40
"•
Feb
Jan
20
350
Feb
1
Jan
3%
11%
-
'•
Western
Jan
1.60
Ass'd
Preferred
"". Feb
39
1,300
•8%
8%
46
Jan
560
Western
Feb
Jan
2,056
'
8% '•
common!!—„»
(ww)
Fireman's Fund
Food
1VJ*
28
42%
4
Low
Va
Equipment Co common—-—1
Vultee
53% Feb
93c
200
•«
-
10%
•v
Products
Electrical
r
91 V2
•V 9
commort--!-!-10
_!—LlOO
Jan
Jan
700
4%
13%
.
53
363
a/at
40
common!--—1
25'/a
26%
100
.,
Jan
2J
58
.
1.50
1.40
10
Co—
-
of Amer Inc
651
27%" 27'%'
Zellerbach Corp common——!5
Creameries
Crown
25
"53%
J5 0
_
Mining Co common—1
Chemical
Clorox
24 %
preferred.!.—!_25
Co common*
Service
Tractor
Caterpillar
24'/a
'
—15
—5
of California—
of
Jan
32
Jan
200
♦
Corp
Oil
Victor
Feb
28
Jan
27%
25c
"
Co
41c
4%
•
Co.,
Union
Feb
-
25c
9
Range Since January I
High
9
1
Co
Transamerlca
tipeb
1.95
Water
Universal
California
Low
»
Co
Standard Oil Co
Valley
Shares
Feb
122
Jan
Pacific
Feb
5%
1
,
common
——
Feb
4'/4
9%
350
-
'-'-•
122
1.95
3%. Jan
1,200
.
SVz
120
—2
Bishop Oil Co
I<
100
•
■
■
>•'
Feb
2.30
Par
for Week
;
of Prices
41c
Corp
Aeronautical
Southern
Range
Sale Price
Shpll Union Oil common
Soundview Pulp Co common
High
Jari
1.85
17,490
1
7
8
Range Since January 1
Low
4 %
13*/*- 14
10
Ins
Shares
2.30
4%
13 %
Anglo Calif National Bank—
Assoc
Ryan
High
1.90
Co!_—.10
Alaska Juneau Gold Mining
Inc—
of Prices
Par
.•<
,
Oil
Warrants
for Week
Range
Sale Price
STOCKS—
•
Sales
*
,
.
Richfield
'.-•>.Las.t
,
...
-
•
-
26 both inclusive, compiled from official sales lists
20 to Feb.
Feb.
STOCKS—
.
Bond
&
Share
Electric
Nor
25
—
Co——
i
International
2'/a
Jan
31%
Jan
36%
Feb
100
23%
Feb
25
Feb
■
non-cumul pfd
Idaho Mary Mines Corp
Feb
33
7
1,121
Co
Ry
725
-
Feb
4
preferred
C%
——10
Langendorf United Bakeries class A--*
Libby McNeill & Libby
Magnin & Co (I)
t
5'%
6%
2,495
5
815
17
Jan
.
•":
3.00
2.45
3.00
6%
6%
16 %
Calculating Machine—
Manufacturing Co common—l
16%
Natomas
North
Cons—...
Sugar
Pacific Coast
9
8
15
Plant—__
6
600
7%
•
.14
:
3.00
2.85
Jan
4%
Jan
465
29'/a
Jan
34%
Jan
210
6%
Jan
7%
Feb
Feb
" Feb
'
Feb
common.
300
30%
Feb
32'/a
Kennecott
McBryde
Sugar
5%%
5%
5'/4
Montgomery Ward & Co
Feb
Mountain
Feb
N
Y
Jan
6%
,
yy*.
Jan
■
v
.
Pub
1st
Ser
31%
32
29%
preferred
Tel
Co's
Whistle
R
E
&
R
Ltd
Co
Feb
2%
Feb
14'/a
Feb
9%
Jan
North
American
Co
190
10%
Jan
13
15
13%
Jan
17
Oahu
10c
Jan
15c
Jan
Packard
12%
Jan
15%
Feb
Motor
/F
Feb
26%
26%
300
26%
Feb
26%
Feb
•yyyy a3i%
31%
170
27%
Jan
31%
Feb
7%
7%
621
5%
Jan
7%
Feb
16%
16%
350
14%
Jan
16%
Feb
7 '/b
7%
200
5%
Feb
7%
Feb
23%
23 Va
200
19 Va
Jan
23 '/a
Feb
10
5%
Jan
6
12
Jan
33
V Jan
28%
Jan
29 %
Jan
Shasta
Inc capital
i
Corp of America—
Steel
Corp
Wall
Water
Board
Co
.
16%
*
common
Riverside Cement Co class A
bcnuinacher
—
*
;
preferred—
6
6
common—
2d%
Jan
27'%
Jan
all%
Jan
11%
102%
Socony-Vacuum Oil capital——15
390
90
10%
Jan
105'/2
Feb
So
a
23%
24'%
58i
21 %
Jan
29%
29%
325
28%
Jan
614
Jan
472
V
4% Feb
Calif Edison Ltd
5%%
preferred
25■■
14 %
Jan
16%
Feb
Standard
72
90
Jan
98
Feb
Studebaker
36
Jan
3.9%
Feb
100
Feb
102%
Feb
United Aircraft Corp common
United Corp of Del..—
3%
Jan
4%
Feb
7
Jan
9%
Feb
i
1,450
800
Oil
100
64
Jan
77
Feb
13
684
11%
Jan
13%
Feb
10%
Jan
10%
1,915
v
10% Feb
„
of
N
J__
a
Corporation
50%
Sugar
Petroleum
Preferred
West
Co
Coast
Western
2.40
1.65
1.00
Feb
Feb
Jan
23%
Feb
29%
.
Feb
49%
Feb
Jan
8%
Feb
Jan
28
30%
Feb
%
Jan
1%
Feb
48%
500
Jan
53%
Feb
■
640
2.40
100
2.25 Jan
750
32c
25c
32c
common—.
5%
346
53%
52%
48%
370
32
1.00
i? '.
:
common—
187
8%
a8
a31%
9c
2.50 Feb
Jan
32c
Feb
1.50
Pacific preferred
100
S:
4%
50
4'/a
Jan
5
Jan
2%
Insurance—.
1.65
4%
—
Life
51
a49%
common-
United States Steel common—
Utah-Idaho
Westates
77
—25
common
155
10 A
Feb
*
50
407
I
4
*
12
10%
26%
25
74%
preferred..
Rayonier Incorp common—
Rheem Manufacturing Co—•—
Jan
Radio
30%
,
F/.::
.
24%
Pullman
Feb
9%
8%
9%
Jan
620
Feb
27
4%
———•
2%
28 %
3%
Feb
Jan
•
Feb
650
a26%
—■>,;•
Feb
23%
,
■
4
Feb
7%
:-:V-;V.3
684
39%
100
——*
common
15'/a
8%
Jan
1,082
98
100
Co
15%
Pennsylvania RR
Phelps Dodge Corp
Feb
16%, 16%
39%
common—
Sugar Co Ltd capital———20
Jan
4%
93%
common—
common-
preferred
37%
Jan
Jan
1.60
Jan
Feb
Feb
10%
9%
6'%
1
105%
4%
—*
Puget Sound P & T common--——*
Jan
33%
700
—
120
4%
26%
105
iF—-—!—F!—.!-!!!100
Preferred
Pig'n
26%
—25
——
Tel
&
Paraffine
Jan
5%
2,507
——
cap—
15c
Aviation-—-—^
2.40
29%
common
R
Feb
Jan
American
2,850
.——25
Lighting Corp $5 dividend——"
R
1% Feb
9%
Jan
Feb
100
27
——25
preferred
35
City Copper.
Central
Feb
5
lie
3,100
——+—
1.35
900
1,975
3.00
26%
1st preferred——_—
Pacific
Pac
1st
133
^
Cons—.
16%
4,109
8%
7%
2.65!
.
27
common—25
1st preferred—
6%
Pac
Co
Corp
Co
M J & M & M
Republic
Pacific Gas & Electric
Copper
Feb
134
;
7%
.-T.
5
500
%
15c
14
Aggregates—...
Jan
670
9
.
14c
-i
AA!-..
"B"__—
O'Connor Moffat class
Paauhau
.10
Petroleum
Occidental
Oliver United Filters
Jan
7%
7%
Oil
6%
6%
6%
Company
American
3
1.00
400
Canadacommon—
Nickel
North
A.aaa
common
20%
Jan
Jan
14
300
700
1.30
1.25
6%
5%
100
Jan
Feb
1.60
•3,840
:
.
.
19
Jan
20%
common——
Auto Fibres
Jan
19¥4
Menasco
National
18
20'A
1
1
:
Magnavox Co Ltd
6%
.
6%
7
Lockheed Aircraft Corp_
March
18%
!
of
International Tel & Tel
Brothers
Hunt
2%
100
1%
Jan
2%
Feb
1.25 Jan
2,040
1.65 Feb
CANADIAN MARKETS--Listed and Unlisted
Week's
Friday
Last
Montreal Siock
'
1
t
.
:
.
,
V,7.
;
,
.STOCKS—
Friday
Last "
•
,
Sale Price
,.
.
.7.7
par
Glove Works Ltd.
Acme
Agnew-Surpass
common.—7
Alberta
Pacific
Algoma
Grain
I
101 7
15%
Jan
112
49
Jan
8%
82
"
114
Feb
9%
Jan
105
105%
83
124%
Jan
552
100%
467
..
Steel & Coal
Stores
Dominion
21%
Jan
185
15
Jan
?
Feb
Feb
Jan
—
15%
!_.
Corp
Bell Telephone
T L &
Brazilian
•
Co of Canada
14%
—100
P—
——•
B——
Class
class A——^
2,365
134
26 7'
15%
26
7'/a
."14%
4%
23%
150
';
:■
4%
Jan
Foundation
Gatinau
Jan
5%
Feb
of
Co
Power
General
Preferred
;——100
95
class 'A———LXA?
Canada
Forgings
Canada
North.
Canada
Steamship common—!—!„ • "•:'
5 %
Power
,
Corp.——!—*
__
"
v.
6%
10%
—.50
*:
Canadian Car & Foundry common!.'—*
participating
7%
71o
preferred
t
16%
Feb
Hamilton
Hollinger Gold Mines.
14%
250
14%
Feb
43/4
610
4%
Jan
92
Jan
20
15%
Jan
5%
'<">
Feb
Oil
Imperial
Tobacco
Jan
Industrial Acceptance Corp....—
11
Jan *
Imperial
Feb
Feb
International
Preferred
7%
Canadian Foreign Investment com—;.!?
Preferred
Canadian Pacific Railway!—.
Jan
35%
Feb
32
Jan
34
9
Jan
International Nickel of Canada
'
Seagrams
852
7'/2
Jan
28'/a
105
27%
Jan
28%
Feb
International
30
180
27%
Jan
30
Jan
Warrants
135
Jan
International
Petroleum
Feb
International
Power
22%
120
133
650
22%
Pneb
Feb
■
>
1
139
22%
For
footnotes
:
see
\'
pa^e 808.
*
•
■
—15
Jan
7%
Feb
4
Jan
5%
Feb
Feb
15%
Jan
8%
Jan
84
7%
Jan
79
210
,
Jan
84
Feb
8
Jan
9
Feb
94
2,215
ICO
14%
63
9
5
'
5
5%
5
'
'
9.25
12'/a
iH 0 0
'-W'■->
27
13%
Jan
100
Feb
5%
9.35
13%
101
43/4
235
5%
Feb
Jan
53/4
Jan
A
8.90
12
Jan
53/4
Jan
Jan
"••V 9.50
Jan
Jan
4%
1,260
1,315
Jan
5
50
515
13%
101
Jan,
Feb
98%
•Tan
27%
540
27
Feb
28%
Jan
12
Jan
133/4
Feb
115
13%
1,799
ll5/a
113/4
1,115
11%
Feb
12'/a
Jan
14
14
300
13
Jan
14
Jan
10
10
25
10
Feb
12
Jan
22%
23
115
22%
Jan
23
Feb
37
38
1,105
33
Jan
39%
11%
12
200
11%
Feb
12
Feb
63%
63%
150
63 %
Feb
63%
Feb
440
17
Jan
CO
11%
•-%'• -JLa '
*.
Co
—
37%
'!
'
j—;
•
Ltd—
18
18
*
9
18%
10
18%
78
6
Jan
10
Jan
83
98
Jan
110
Jan
810
19
9
50
123,
Feb
123
Feb
Lake
27
25
25
Feb
28
Jan
42
106
Feb
106
22%
23
3
10%
10 Va
10%
75
6%
Laura Secord Candy
106
2234
*
123
105%
105
105'/a
Jan
Feb
>100
:
,
Jan
'
Jan
23%
9%
Jan
10% Jan
Feb
of
the
Woods
common
70
3%
Jan
5
Jan
4 9^
7%
Feb
8%
Jan
9'/a
Jan
9%
Jan
Montreal
41%
42%
1,096
37%
Jan
43'/2
Jan
Mont
25'/a
25'/a
25
22
Jan
25 %
Jan
Montreal
Tramways
27'/a
27%
125
26
Jan
29 %
97%
400
95%
Jan
97%
Feb
National
Breweries
26
26»/a
395
247/8
Jan
27
Jan
National
6%
1,006
5%
Jan
6%
Jan
7'/a
680
6%
Jan
7%
Feb
68%
68%
106
68%
Feb
68%
Feb
25%
25'/2
25%
1,718
24'/a
Jan
27
Jan
32
24%
32%
940
22
Feb
32%
Feb
/26%
27%
2,175
26
Jan
27%
Feb
815
38
Jan
47%
Feb
Feb
97%
—
McColl-Frontenac Oil
305
26
:—*
\
~~25
common
...
97%
1
-
9
_
....
9%
"
Dominion Bridge ——4
123
...
8'A
.
__
...!l00
,
5%
13%
com—•
Paper common
_
4%
common
Preferred
8%
.•—•
...
...
9%
41%
Distillers
...
8%
27 '
9"%
Co__i
83
100
w-
IT 5
common
7%
8Va
Seal
Bronze
4%
—.25
&
5%
Feb
106
Plow
Cork
common
31%:
-
135
—
———!
——!•—*
Consolidated Mining & Smelting——&
Crown
Can
30
Canadian Industrial Alcohol class A__•
Cockshutt
of
28%
.-100
;—
...
Ltd.
375
•7%
—•
Feb
Feb
20
-
*
Feb
23
355
22%
100
152
6%
8%
8%
:'.7'-—.
96
Feb
Preferred
common
Feb
Feb
.265
V
34
8%
,.-7—*
'
—
Bay Mining
35
135
—.100
———
Cottons
**
_
—
34%.
34 %
152
5%
143%
■
*
Hudson
.•
9
'
Jan
Jan
(
6%
10
80
.
835
143/4
••
Howard Smith Paper common——
"Too
Preferred
15
Feb
25
77 5%
Bridge
Feb
Jan
180
7%
Jan
220
5%
3,047
30
•
common
Rights———!—
Canadian
'
common
8
275
Jan
76%
Jan
26%
(Charles)
11
28 '/a
preferred.——i_25
Celanese
Gurd
Jan *v>
96
6'/2
80
5%
100
Gypsum, Lime & Alabastine
33%
preferred—j——
Canadian
Feb
10%
Canadian Bronze common
lioo
—
5%
23
Feb
1,335
7%
8%
'
6% 7 6%
8%
4%
83/4
151
94%
6%
Jan
Jan
.
-I;'"'' / '•
'
common——
4
23
152
6
Feb
10%
51/2
143/4
IlOQ
-——-
—
Wares
Jan
7
.
152
6%
Feb
8%
2,061
7%
common..—!.
preferred
Steel
Canada—_•——
Jan
7
79'/2
13
155
Jan
"5%
9
2
■
Canada Cement common
7
6 3/4
^
0
B
15%
Jan
250
—1
_!
class
149%
Feb
Jan
14%: Jan
15
3%
7%
—•
13%
141
3,197
.
3%
——!_V—
Products
Building
15%
143'/a
15%
!!
;
——
Bruck Silk Mills—
143
15%
British Columbia Power Corp cl A—*
•
14%
143
8
79%
■77
Electric
9%
8
7
High
Jan
Feb.
11%
152
Jan
102%- Feb
25 %
English
Low
50
83%
6%
lioo
Range Since January 1
255
153
8
»
—
Shares
12
11%
common...
Preferred
Sales
for Week
9%
_•
common
,
High
152
-25
Dryden Paper
Electrolux
7.
12
.100
B
Preferred
Bathurst Power & Paper A
—
Ltd
Textile
Low
..25
Feb
30
23%
15%
'4
Feb
;v
120
,,120
23%
%!*•'
High
Feb
111
120
82
100% 101 %
23%
•:
common—-.-.—*
77 ,7
7-7
7
3
7. 10
114
:
82
119
Range Since January 1
LOW
50
preferred
preferred—
Dominion Tar & Chemical
Shares
7;
Glass
Dominion
for Week
8%
.
1.—___!_——„—!_50
Breweries
',-
3
„
77
Corp——.———!——•• 1
Associated
.
Dominion
lists
Dominion
High
112
114
;
common—.—!—'—*
Ltd
Preferred
Asbestos
preferred—1.00
———*
————_7„ w!ioo
Aluminium
Range
of Prices
Par
Sales
.
of Prices
Low
•
Steel common
Preferred
,
7 3.
112
—
preferred——' 100
Shoe
Week's
Range
Sale Price
STOCKS—
■
Dominion Coal
Canadian Funds
v
,
Exchange
Feb. 20. to Feb, 26 both Inclusive, compiled from official sales
*
,
,'y
...
Massey-Harris
Cottons
Light HCat & Power Cons—
Steel
Car
6
♦
co'lhmon
————_
common
Corp.
1
7
T—< 0 0
...
*
I100
:r
•'
•
26%
•
46%'
45%
47
THE COMMERCIAL
806
FINANCIAL CHRONICLE
CANADIAN MARKETS
v
"
-
Last
Power
Ltd
Co
&
Bros
Regent
Preferred
Jan
4
Jan
Siscoe Gold
Jan
4%
Sullivan
220
6'A
Jan
3,345
6
Jan
8y2
Feb
Teck
2,495
9'A
Jan
11%
Feb
1414
208
14
Jan
15%
Jan
Wood
6%
Jan
Wright; Hargreaves Mines Ltd/_,—__*
25
92 '
6
Jan
20
Jan
40
92
Feb
10
105
Jan
*:* 45
6'/4
•* 21
■
k
f
i-'v
21
Fee
92
Feb
108
Jan
-
•.
•
9,924
37%
17'A
11'A
Feb
13%
Jan
32y2
-
11
65
370
"'
'.'.V 65
18%
15
Oil
Preferred
''k:
3%
-*■
: 65
Jan
70
3%
3!A
2%
Jan
3,240
**—il*—.-100
———
558
1,415
21
Jan
42 %
Feb
t;-'
13%
13%
60
13
Jan
13%
Feb
k..;:--
common
/vkc-kk;'..';
20
Feb.
132%
132
13214
31
129
Jan
134 %
Feb
151
151
151
32
147
Jan
151
137
137
43
132
Jan
140
Jan
;'"k.
A
Jan
137
(Canadian Bank
(Bank
•;
,'..*;
kv%kk
Feb.
to
:'rk
-
'
.
0
Power
&
Paper
,;■
preferred
Low
75c
Steel, common:
Oil
American
Range Since January 1
Shares
Anglou Canadian
Aquarius.*^*;***_..**—
High
Low
"■
1.00
—
Jan
Calgary
&
pfd
Pwr Co Ltd 6'A
Canada
5,387
5Va
Jan
8 l/e
Feb,
1714
480
12%
Feb
17%
Feb
Annor; Gold Mines
225
2%: Feb
3%
9%
383
9%
9%
Jan
Bagamac
9
Feb
Bankfield.Consol
5!4
Feh
Bank, of
Feb
Nova
65c
4.335
,
:
A'.'; »
9
5
Jan
Jan
;
10
"'■A
6
5
19 %
19 y*
17%
3,198
19%
Jan
18
25 A
18%
18%
1914
Bank
Feb
20
Jan
1914
<
1,050
5
87
117
108
pfd
7A
Power
99%
85
:
10
6!4
107 !4
2
755
32
32%
25
cumulative
37
Co,__—___—__1
1.30
pfd—*
3:!i
5A
cum
25c
.
37
*
34
4114
————$15
1214
Ltd..—*
Mi
Vickers
Ltd——*—
cumulative
Canadian
General Advert
Neon
common—•
Alcohols Ltd
Commercial
Preferred
85c
30c.
Feb
Ribbon
Bohjo
;
3%
Feb
4%
Jan
Jan
Brewers &
25%
Jan
40
Feb,
British
39%
Feb
45
Feb
British
9
Feb
790
„
314
3
,
8%
Feb
Broulan Porcupine
Vk
Jan
3%
Feb.
Brown
6%
Jan
314
•675.'
614
50
314
-
4 *4
>4
3Mj
-5,985
k*l£:
100
Dominion
24,! 4
4
Ltd
A.——*
Ltd common-*——*
Companies,
1414
Ltd
International
Paints
John
t 4%
12
Feb
14
•"
Jan
3%
Jan
Jan
22%
Feb
3% Jan
;. 4%
Preferred
A.
12%
Jan
,15;
565
.50
"A"._*
3
3
Paper—™—*
10
13
.
McCoIl-Frontenac Oil 6A
Robert
is:
,V
Feb
15%
13%
Feb
Jan
lti 2!4
Feb
Jan
10
Jan
13
Feb
Can
pfd..—-100
Preferred
—'
—
%
Securities
Waikerville
Ltd
pfd.
Worts
Mines—
Gold
Beaufor
Cochenour
Gold
Consol.
Mines
Gold
A
—*
Mines
Gold
1
Mines Ltd
_
Shore
Mines
23
680
225
V'.k-
,
6Va
7%
Feb
:v
Feb
s
6%
23
Feb
93
Feb
85
Feb
11
3%
Feb
3%
Feb
2!4
Jan
4
Feb
4
7 3A
Lake
Gold
:**i
60
4
100
;
:
Jan
6
1.25
47
7%
Feb
Jan
1.25
Jan
%
Jan
50%
Feb
19 y4
Jan
20
Feb
—
Mines
Mining
Gold
Mines
Ltd.
Ltd
91c
"
»
page
808.
10,100
4c
48c
1,000
•
*
11c
Jan
2%c
Jan
48c
Feb::.
200
20c
Feb
4c
Feb
4c
2,000
4c
95c
200
95c
Feb
21
100
19ya
Feb
91c
91c
2:%c
2'%c
5.90
5.90
5.90
11%
11%
3,000
;...
1,00a
100
.10
1.00
1.02
_*'■
'
800
2C
t
1,-,.
1.02
600
1.86
1.90
600
■
•—
66c
46%
40%
10
15c
'k'4. '
10'Ac
see
..
4c
1%C
1
1
Nickel
footnotes
k
9
Corp
15c
.
20 %
1.00
5
4c
15c
800
250.
52
22
Feb
29c
kk
4c
...
Feb
1,080
13c
15c
19,300
80c
80c
500
Jan
52c
Feb
6c
Jan
95c
Feb
-
k
5k
.9.'/aC
lie
Feb
2.06 Feb
46%
Feb
48%
Feb
15c
Feb
15c
Feb
65c
Jan
8%c
Jan
Jan
k
17
Feb
150
A Jan
Jan
8c
Feb
Feb
33'. «
29% Jan
k
Feb
A y*. i6c
Feh.k,: kk ' .J>
4%
....
Jan
,
Jan
9'Ac
Jan
JJOc
Jan .kk-
15
1,230
9.00
lie
,
/ .Feb
14c
A
9'Ac Jan
Feb
1.03 Feb
72c
k,9.10-Feb
7.40 Jan
16%
Jan
5'A
10
5%
Feb
.5%
Feb
19'A
1,650
18%
Feb
,;i9%
;;■• 26
110
23%
Jan
■15'A
k
520 /A
1*.
10'Ac
,-;4c
*5c r
t
Jan
8,150
.
,
Feb
Feb
30 :
Jan*
46c
4%c
1.60
*
•
.
,13c
-
Feb
•
Jan
55c
Jan
f..
Feb
29
3 %c
.
2%c Jan
19%
5,700 V
1.81
47«c
i y
Jan.
1,100
*
12c
1.80
11-'Ac;
.
kk •*"213
:.26 ;Ak 28 :•:•*•; ■5,110
51c
24Va
1,634
-
3%c
3c
27% ;
w
Feb
.
Jan A
2.00
Feb
3%c
Jan
6'ae
Feb
14%
4,000
.%'
Feb
490
10-*.*
2,100
14%
,14. V4
■/'yky::'*; kk 9'A
,
:*:•
Jan '
9%
•
Jan
15%
Jan
*k, 10
10%f.
34% <
k
-?kk 77
32%
—
|t
k
'
:■
8%
*ll?s
'
preferred
20%
11%
v
,
Canadian"
:
Feb
Feb
135
Feb
32
Feb
Jan
9
Feb
Jan
21
Feb
12
Feb
7%
:
A* 265
.
,
10
Feb
Feb
137
18
Feb
Jan A
;
15;
Feb
Jan *.,
•„
56c
*:
.'15 A Jan
20,
Jan
Feb
31,.;
Feb
133
"65
9%
29
Jan
27%: Jan.*;r.:;
,.*>60. *
14
Jan
27%
360
136
*
13'A
Jan
'.k
."i 2«v
Jan
Jan,
19
17 %*.
:Vl7'
■
4
10% Jan
*
*
135
Etock*:—*—***—.(* Ay-i'i
Locomotive £——13%
V
,
80 *... Feb
-6%
A
Dredge &
Feb
24
Jan
1.35
ll%r
8%
7%
8 %Y
k 28% I.¬ *28%: 28%
'* 30
31
'
*31
•"
Feb
28
*8%
20%
Feb
Feb
35%
Jan
129
32%
-
Feb
11
Jan
66
1.85
V %<:/*. k/%%'
Feb
88%
2%
77
.
39%
: Feb
140 *
Jan
18
'-
133 134%'
1.75
*_
--
Jan
31
20
•.
3 A 3 %'
Jan
8%
35
34%
•* 20
24 %
124-
10%
10%
Jan
79'A. Jan
87
134 -140
■
95
36'A
-
85%'
.
ykH '--k-
Jan
Jan
21%
v
39
38%,
.
.Feb
5%
Jan
92 A.
-
95
.»■■■:
32c
Jan
4,'A
•*.
*:■* 22 A. 22 k
*■
—
21c.
;4%.
^
1.61 Feb
1,15 Jan
1.53
A 28c
94
94
Feb
11%C Jan
476
A'
Gold:_:-_*—--*-—•
' y45C '
Oik-—^ —M .H'116
7%.
Canadian Pacific RyJ_———25 %
8%."*
12,
Canadian Wallpaper class 'B*—:***—*
k > *%/
18%"
Canadian WireboundkBoxes-k-.-A—k-^ ** 18% k
1.25
Cariboo Gold Quartz S-liningrCo_:_—*1
*r/'
•••l!03?
'•Central Pat Gold MiifeS-/**—*::--r:*'l
<"! •'
Central Porcupine '.MiiieS——L—-1 ' n •
8c: : 7%c,
18c
Chemical Research.
*1
—
80%c
Chesterville Larder La^e Gold Mines—!
• "87c
k 2.45 i
Chromium Mining & Smelt*--*———* * A 2.45—
t.
-.[i :
v.-,\ "*•
%
-*• v"
-f*-:S:yv.•; -'r '%&'■
Cochenour Willans Gold Mines-*—*1
89c_' 7 67c
Cockshutt Plow Co_*A——**_*—**_:*
• y * 19* ■S*. 9 % A
5% •
Collingwood'Terminal-common*--—*-- •* 5V2tcCanadian Malartic
10
A.*.. 12
8%
•k;> 43c
2,700
4,646
45c.
...
Canadian
10
1.03
1,500
-
.
.
Commoil
_*<.:_*— **_*-•*:__——*y
Dairy
Davies
Ltd
Imperial
Corp
Mills.—24%
common::*;*———J*——*
6.,
'Mines.———1
Distillers Corp—-Seagrams common™**
Dome
Mines.-*—*-*'— _*_—
:
*.*"'
Dominion
Bank
Coal
100
preferred——'—-25
27
21
.
_*
10
v
200.
'5'A Feb
500
1,010
43'A
126
50
24'A
25
-k
150
150
2Qc
19c
4c
•
■
4c
V
:
.
.
k:
95q
6
172
17,100
2,000
.
Feb
10
,,,
Feb
k.k. 6.%kFeb
6'a
..Jan
Feb
94c
Feb
1.10
Feb
37%
Jan
43%
Feb
.,
122
22'A
150
'
128
Jan
24%
Jan
Feb
...
150
'
"
Jan
Feb
Feb
'
10C.
Jan
23c
Feb
3%c
Jan
4%c
Jan
Jan
Feb
27
2 7'A
25
25%
Jan
29
19%
21
1,203
18%
Jan
21
155 155'A
49
142'A
10
2
10.
Feb
Feb
20c
16 %c
5,600
41'A.
1
,2.65. Jan
.'
-
.9%- Jan
kl,000.
.
110,
■'.-.24
Feb
740
,:.125.
,
Denison "Nickel
.■
5%',.,
*•!
6 A
-
Feb
Jan
Jan
75c
15,600
10
'
1.00*
Jan
18c
«
9lc:
-
0
to
50
'
16'Ac 16 %C
•
-
19%c
Petroleum
Dominion
<**'
-Ac
89c
Jan
65c
.
.
.{■' Preferred"-
'
Feb
Feb
Jan
10 '/2c
9*250
2.45
X L13
Jan.
7%C
,,500
..
19%
1.00 Jan
i
Feb
12
;
Jan
A A 1.35 Feb
Jan
95c
.*.
,
Feb
18%
.
16,029
8c *
18(5
87c
''
Jan
11
"*
"265
.**400
1.25
' ■X 8%
7;'A. Feb
'
12:
.
19%
Feb
Jan
Jan,/.. A. 16
15
-
Feb
1,100
71c
4,800
9.10t
Jan
140% Jan
12,000
.13c,
Feb'
68 c
Feb
19c.
2Qc
25
i-X i''r'
1.02
65c
Feb
k.:; 13
Feb
25%
11%
Jan
Feb
23
13% Jan
45
33%
-
Feb
78c
Feb
Feb
5%
Jan
670
,,
19 "a
79c
1.70 Jan
Feb
5%c
152
246
Jan
250
25,500
-15,'A
15%v
11%
.
Jan
21 ,k Feb
232
.kk' 5'A
Cosmos
2%c
•
15c
Jan kk
234
v
12'/aC
kkk, *-.k
i- 9 %c
vr
Feb
4.90
Feb
kk; 1.6G
222 k, Jan
.
100
17:
33 'a
Feb
2%c Feb
19
144
■
Feb
21
1.18 Jan
Feb
4 %c
24
•"•...5
6.20
Jan
Jan
130
,,
13 %c 14 %C
2%c
1%C
;■
k:
3,700
A.
.
•k-',5c> Feb
8'aC Jan,.
25
15
,17 '
Jan
80c
90c
6,000
246,
142%
'"T—***-X'i—*1*±*:*——* f"/.
"
Coniaurum
Mines—r**1.07 ;
Consolidated Smeltingf*-—_5
41 %
Consumers GaS'f Toronto
—*_1Q0 12fr'
80c
9'/«c 10!4c
*
Convertible
•
!.
Ltd
'
95e
1
Mclntyre-Porcupine Mines Ltd__-_.
McWatters G M
',
21
65C : Feb
Feb
Jan
135
4
', 12c
1
..
Ltd
Ltd.*—;
Mines
Madsen Red
00
Malartic Goldfields
For
200
93
1.25
41
10
■
614
3 !4
Preferred
Canadian
90
48c-
0
Feb
$
V
Jan
1-35
,\tf
4,000
151
cOmmori_i*_—'—*"
Feb
'
Mines Ltd™—;
Ontario
41
3,400
5'Ac
k
Bi—"_*_*_l—_'——* 1
Bakeries':
Feb
10
Ltd--
Gold
Addison
O'Brien
89
1.60
14'A
14V*
-
50
*
class
Wire
Feb
270
*
Joliet-Quebec
Normetal
•
49
Mines Ltd _**1 *
Gold
-
Jan
a.
Feb
„
2%c
240
k .H'A
89
Feb
*
20
V
Feb
102%
x
-
Feb
4c
* ■■■
22
_♦
93
93
49
'
-
47c. Jan
,600
245
240
9
106
A 106
*93
7%
4c
|k
I 20c
1,300
4c
150
Canadian Car <fc Foundry
Jan
1.25
12c
Feb
:
5'Ac
*
Canadian Canners common_*:; _*•".•
k 5'Jo ' 1st preferred-***——1-*:-—-20 :"
20%* '
Feb
4%
3 '4
V
101
lOo
:i > •v.*v.52o?'.
_1
10
18%
11
*
4c,
.
i.53;
245
A:i_:::*_.—%*
Preferred
:
Feb
Jan
6%
9 f
?'
Jan
Jan
41
Ltd— *:*i
Kerr
Lake
6
3%
19%
Mines Ltd
,-4c
106 ivj
Jan
...
Jan
' Feb " k
81
*
9'Ac
>19% t
»
50
•4
16%
,_*
;_!*
Ltd
Gold
Willans
Dome Mines Ltd
J.-M.
98%
Feb
855
*
Ltd—-*_—*** 1.00
Mines
Malartic
Central Cadillac
Eldorado
5%
*
Aldermac Copper Corp
Canadian
Jan?
98
-v
5'Ac
.
common—*
Preferred __*•——A——•——25
Canadian Celanese cofjomon.-—
Preferred - *■—
*—100
com-*
Ltd
——-
——
23c
9%
84 v
125%
Feb
8%
,.
"'."25"
83
60c
k 3% -k
.'•'-""Preferred A—:**l*J*:_-_'___**■*—*100 yrkj •' 77
Canadian Bank of Commerce-.——100
'v «*-7
Feb
r>oo
8!)
k
20
8'A
;
21,200
Steamship -common——-—«
Canada
Feb
15%
ion
100
—
&
13%
Jan
18
3%
Limited.
Brewery
Jan
414
-
common....'.
Walker-Gooderham
$1 cum
90
*
Products Limited—.100
Ltd
Feb
29c
_*
Mortgage::***—:** 100
Permanent
Canadian
Feb
17',2
*
*
Standard Clay
Stores
50
6
common—.—*
Thrift
20c
Feb
■
Lid!— *****—_
c6mmon_*_—
Products
Foundry class
Canada
6% Feb
14%
480
98! 4
18 !4
,.
11
25
15%
5(4
—*
Power Corp of Can 6 A cum 1st pfd. 100 >
6 A N C Part 2nd pfd
—$50
Provincial Transport Co—'
;•
*
Ltd
Jan
4%
6 7c ;cum
Co
Jan
4 !4
98 >4
Page-Hersey Tubes Limited.---.-
Reliance Grain
15%
11%
Ltd-
P
L &
365
llv»
<
Jan
9c
18,500
12 %c 14 %a.
.
Feb
13%
'200
O
15%
—
pfd--100
cum
Feb
■•■
■CanadavMalting; Co •Ltd*-——**—*—*'*.;.". : *'*Canada Packers
87
Feb
12% Jaa
55
1714
6
Ltd—.,—*
Co
Aviation
Nova Scotia
1714
.•
Ltd--—..——._*
Distilleries
114%
•
Canadian Breweries common**—*—„•
pfd-—— 100
Ltd 57o
Massey-Harris Co
Feb
Jan-
,48 %
145^.
112%?114!Ai
,
Canadian—
Canada
Jan
22
1,810
Co Ltd common..*
;
*
Milling
16c
4c
Preferred ■*:**■—_*j*:*£_*—*100
24V4 Feb
Jan
2%
Jan
15
Paper Co-—*—*
&
Power
14c
Jan
1.45
Jan
**.'/*%'A'AAA
Maple Leaf
Jan
9c
Calgary fc Ednronton jporp Ltd—---* k
1.52.
Caluiont Od Ltd-*—L *\* : 25c : ■kk. 25c
!v 4%
Canada Cement common*——
:—**
1 .-y:*
,
Feb
Feb
19%
13 V4
Ltd
6c
500
kkil:'.
100
...
"r 6 l Feb»
360
21%
,
Feb
Jan
4
10%
'
15%
—
2,550
15c
Feb
12 Va
750
.
1.25
Jan
22
4
(Can)
&
Pwr
25
1314
14',
—'-*
—*
Company.
Insurance
Feb
14c
5,840
'.
-—*,
Burlington Steel Co
Jan
125
...
$10
trust
Fire
16%
62c
_"
Corp coimpon— *
*
Buffalo Ankerite Gold Mines:_**_—_*
.Buffalo
3
345
:
4! 4;
21%
Canada
of
Motor
Jan
60c
29o ■
Oil
Jan
9Va
55
'
Aircraft
41.25
1,245
12
3
f*:- 3
i 2214' 22! 4"
,2£%k
*
Mines, Ltd*—-.
Feb.
11
Feb
11
.
100
k::.4%.
21
24
.
125
12
East Kootenay
5.00
6
200;;
902
*_i:*:_*
British
Feb
1,865
Inc.—1
Feb
Feb
16'4
101 101%
Oil*—*—*—*:„*
Feb.
lOe,
-k 215
Fanny Farmer Candy Shops
High
8*. A
—50
class AJj—
Class.b
12%
Feb
6
Fairchild Aircraft Limited
Low
1.00
83
■»
Jan
12
4
Rang* Since January 11
355
/■'
.
•
_*-*_^*_*%—50
:-***—*_—*—_*!.
Power
9e
51 i
-*
Shares
12Q
,
Oil—-—__**-—-
American
Columbia
12'
11%
Paper Co Ltd
for Week
101%
~5
Distillers**:—5
1,600
——20
common
*
Power 7 A preferred. 100 ;
Dairies Ltd 7% preferred—100
Donnacona
''yk':; 'kV'-'k-'k
Jan
Ltd**——
Mines,
;k'k' 28
1.25
—
' :;k,
Sales
Jan
Cor^copimon*—^
•
10c
:
I—
__ ^—
class; A--
1214
—*
Woollen
'
119 V2
1
Brazilian. Traction Light & Pwr com
*
U
Class "B"
United
Feb
25
5
1 kykkk
La
Mines Ltd—'
Bralome-
;v*,k3
"A"————*
Limitee
"Preferred
Mitchell,
Jan
70c
Bonetal. Gold*Mines*:*'**:*:*-—'
Building
Noorduyn
21 Va
Feb
1.45 Feb
%
Feb
AAA9ek
-
C%
,
:
Corp Ltd—;
Paper
Frere
Melchers
140
Feb
Feb
3.40
Exchange
83
Minesl———_^1
ot. Toronto
Preferred
Jan
37
r
Jan
3%
Feb
.
1"
Feb
1.75
41! 4
2%
^
•*—-:—*—5 k
—J
Consolidated
MacLaren
Jan
119
Sc01ia_ 100
'
pfd.
cum
St
2.66
15c
Blue
Feb
,k
Feb
70
•
40
•
9
—
Feb
165
37
15
1,550
32%
165
25c
165
-
4'4
preferred—100
Westinghouse Co Ltd—_—_*
Food Products Ltd common.
*
.
2'/a
Jan
660
.(.
Lake
2,830
12c
Feb
11'Ac
Feb
Feb
Feb
Jan
162
vA
1.40
3:!4
P Inv
P &
27%
148
165
25c
Marconi
Canadian
165
Ltd——0
preferred-1——-100
Canda International Inv Trust
Voting
1.50
IOV4C
16
Feb.
8
;
1.45 Jan
390
165
Halifax
Feb
1.50
Feb
200
400
1,325
BearEbfploration. & Rgdiura*-**».——1
14%c
Beattie .Gold Mines——*_—«—*_!• :
,80c
Beatty Bros class A—-.-—
1—;—-* k-ki-kk 17.
Beil Telephone of Canada:***
,'—100 k-143%
Bidgood .Kirkland»Goid***:****-a*::*l ^ ^: 14c;
Jan
90
Jan
165
Fraser
61c
Jan
*
v
Feb
108
Jan
**• 22
B———*
cumulative preferred—.**—100
—
19 Vs
Jan
8
common—*
*
Ltd
Breweries
Jan
108
.
1.90
Preferred
Ford
Feb
■;
'/
8,040
4.td—1 1.53
Mines—*—-*
Bathurst: Power
Feb
102
Jan
18
45
102
102
—100
Canadian Industries Ltd class
Fleet
50c
300
t '
8»A
Montreal———.—*—.*100
Bank-of
8 V'b
100
Eastern
*,
.'
/::
Feb
Jan
•
Jan
•
1.00
Vinegars Ltd—•——*—•
*
pfd——100
Northern
Dominion
4c
3.15
•
1.00
13c
>
*_1.
k*/ 3
Canada Wire & Cable 614 A
&
Jan
::.kk.ky;;; 't
60c
1.50
8'A
'*.
^
9%
Sugar Co_
Dominion
-_
,
-
*-*5
3
Ltd-.——
Co
*
.
*——100
Barkers.-Bread preferred
David
Feb
2.60
250
16C
Feb
•:
75c
13c
-100 k
2 5 ''
i.
Packers Ltd-*—•
Columbia
5 A-
9c
lc
50
.
2 35 Feb
1,90 Jan
400
.
30,200
Jan
yk5%
*
-
t Preferred
Ashley. Gold- Mining Cprp*.
Astoria Quebec Mines*^*k._
Bathurst Power & Paper Co
Catelli
,
of Prices;
--
..Pacific; Grgin>»preferred_---100
.-..Preferred,
High
514
-——100
—
preferred.-—.—100
Ltd "B"-_*
Beauharnois Power Corp Ltd-.
—0
Brandram-Henderson
Ltd.-———*
Brewers & Dist of Vancouver Ltd——5
cumulative
k
Aldermac .Copper.; Corp—-
for Week
of Prices
PaT
Claude
-Feb.
16%.
Sales
Range
common———*
& Paper
Power
7A
Jan
76c
Range 1
95c
7%
.,
Consolidated—_*—l
Pacific
Algoma
Week's
Sale Price
S10CKS-
Canadian
45c
Jan
Low■ High
Co
Aluminium. Ltd
Canadian
Jan
Last
■
Sale Price
,
common,.*
preferred. ————_—100
Alberta
official sales lists
20 both inclusive, compiled from
Feb.
to
Friday
-H Last
5A
36c
68c
:
.
Week's
Par
Funds
Canadian
20
Feb.
7A
500
1,800
i:
•■■44c
inclusive, compiled from official sales lists
both
26
,
Montreal Curb Market
Canadian
Jan
Canadian Funds
:k'
•;*'*:k'kkkk:.;
ykSTOCKS—
Alberta
Canada
38c
3,10 - 3.40
k *^k-23%-23%
7%, preferred ---—_*
**_100
Acme Gas & Oil——_*
Can
42c
2.055
ll%c-ll%C
Friday
6';i
British
Jan
Toronto Stock
Feb
3%
42%
'
Abitibi
British
66 '/aC
1.50
*_ ■
k'kil%c-
Ltd—
3% Feb
Feb
2%
3%
35'A
3%
'kkkAkAyy
of)—*—100
of100
Royal Bank of Canada—.
—100
T'/c
1,086
Feb
3%
Banks—
6 %
Feb
1.00 Feb
3c
85c
Feb
.
42-'*;
„;
(Ltd)
Abitibi
4c
60c
—*
Ltd_--_—_-%^_j_-_„_»
Co
Feb
k,; 11'A Jan
Feb
Jan
66%
.
Royalite
Co
Jan
3c
y>:
Jan
10%
43
,(■'
Jan
Jan
59%
120
A
70
70
Feb
37%
;v
Feb
14
110
11
10%
65
Feb
17
2,200
Oil
Home
/-■
—
'/,/■
Co Ltd—
Oil
•••"
kk
East Crest Oil Co Ltd—**—_L——L-%*
1.04
2.20.: 2.26..
• 9ct
- 9c
,Tc :
2c
3.35 ;^3.15
r,
•• k;'.'
rk'"'k".,..
-
''' /*■{,■
k-
Jan
-
:
Calgary & Edmonton Corp Ltd———*
Feb
14% *;
-
•••
2%
13'A
12%
34 %
17
14.
Jan
269
*
1.75
820
2%
■
91c
1,400
k 500
————————
"B"
Commerce
•''
■'
.
oils—
1.00
36%c 36!aC:
,75c k. 75c
;
2.26:
>
Mines- Ltd_:V-a-*4*:_1.00 1 ■
.
Jan
Jan
41c
_*->•
.
-
Hughes Gold Mines Ltd*———1
Exploration Co Ltd—*1.00
Cadillac
3c
3c
3c
36V«c
-
Towagmac
*
High
'■
2,000
85c
Ltd——1
Mines
612
37 %
Power.———*
common—.—-/
—25
Winnipeg Electric class A—i—.
Montreal
Consolidated
Low
3c
/
1.00
3c
Ltd-*.iw-*4_*_—*__ I :,*'1:,-
Mines
Range Since January 1
•
High
3c
.
.
Sladen-Malartic Mines Ltdi_*—------l.po
160
Jan
k
Sherritt-Gordon
25%
%
Mines Ltd-*——_—__l
Feb-
Jan
k
Jan
'160
35
170
17
k:k:
3c
li.00
814
r
1.85
13 y4
Low
Shares
t
of Prices
v
•
Ltd.—.1
Mines
Ltd:**—J
Mines
Anglo-Canadian
—50
Canada
Gold
Gold
1114
2 'A
*
'
.
for Week
Range
•
Sale Price
Shawkey Gold Mining. Co Ltd_"*___1.00
414
92
preferred———100
Steel Co of Canada
Zellers
200
106% 106'A
———100
Water & Power—
——*
Sherwln Willams of Canada common..*
class
Perron
6V4
Paper
Lawrence
Preferred
Feb
160
21
Shawinigan
Southern
45'A
6%
preferred——i——100
Last
'.••"
..
14%
preferred
A
Jan
24 %
7 !A-
25
—1
—
Saguenay Power preferred
St Lawrence Corp common
Class
1,230
40
Cadallic
Pandora
——
Rolland Paper
St.
Jan
22%
1943
>
Sales
Week's
Friday
./v
•
■
9 '.A
* '
common—
A—.—*
Knitting common-'——_:**—*
Quebec Power
17
4
-*
of Canada
Corp
Price
Feb
43 "A
160
————100
——::*—*
common.-—100
Power
L H &
Ottawa
15
24'/4
common—'*
Car Aircraft
625
16
41 %
Mines Ltd
Preferred
Otrawa
STOCKS—
1
Range Since January
Shares
High
15
Nlagara Wire Weaving:
Ogilvie Flour Mills
■
■
'v.Par
Low
Noranda
-1.
•'
of Prices
Sale Price
STOCKS-
:
for Week
Range
Monday / March 1
Listed arid Unlisted
- -
Sales
Week's
Friday
*
10
Jan
Feb
155%
Feb
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4155
157
Friday
Sales ,
for Week.
Week's
Last
Range
80/
Week's
Friday
Last
-
Sale Price
of Prices
Shares
STOUKS-
Range Since January 1
for Week
Range
'
STOCKS-
Sales
Sale Price
of Prices
Shares
Range Since January 1
"
Par
Dominion
2nd
Hiah
common-:—*
Ltd
Fabrics
Low
8lA
8%
50
22
22
.50
22
Feb
22
22
200
20%
Jan
——I
preferred
Dominion
Steel
Foundries &
Preferred
*
com—— B
Dominion
Scottish
Dominion
Steel
Dominion
Stores
Invest
common—1
B
8'/a
Jan
10'A
Jan
8 Va
Feb
Perron
7
105
6%
Jan
7 V\
Jan
Photo
31
905/a
Jan
95
Feb
Pickle-Crow
4,460
i 23/4
Jan
6
Feb
Pioneer Gold
94
94
95
6
5%
6
12
ll3/4
12
,700
7 VaC
6c
7%C
16,500
com..*
•
.
5'A
5
12c-
46,200
'4%c Jan
i.18 ;
11,610
f 1.09
Feb
14
•12
Jan
1
88c
84c
•82c
Jan
—
26
;
.
22 Va
y!- 23 V;
27
<345
Gold
I
Jan
East
Hamilton .Bridge
Hamilton
Feb
Royalite
Russell
Jan
70
Hard
Rock
4%
95
8Va-
85
1.83
4,120
1.52
1.39
1.55
5,450
58c
58c
700
55c
Jan
7Va
8%
865
6
Jan
2,000
10,475
58c
Jan
30c
Jan
44c
22
Jan
23 Va
3 VaC
Jan
■
—
8%
81c
80c
81c
2.05
2.15
36c
40c
2,820
23 Va
23 Va
10
St
Anthony Gold
Feb
St
Lawrence
Feb
San Antonio Gold
Jan
j77
35
Jan
1
214c
2%c
500
t 2c
6c
G'/aC
3,500
3c
8 Va
85
Gold
Al>/«c
1.69 Jan
1.25
Jan
75
314
54'/a
3%
Feb
16
8%
Feb
Shawkey
21 Vac
14 'Ac 1414c.
13%
Feb
3JAc
Feb
lOVaC
I
L
90
Jan
-
Jan
-
Jan
Sheep
lc
62
Feb -i
l%c
Jan
75
..
.
4c
Water
1.72
Jan
16
Jan
17c
Feb
Jan
Jan
4c
16,500
v
200
y 514
5%
'2,562
1.25
1.25
100
1.25
3
i
514
■
•—II
3%
210
/ 3
•49 Vac
-
4
nil.
50c.-
53C;
.
5%
Feb
Creek
Gold
200
IIIIIII10
15 Va
15%
15 Va
165
165
165
4c
3,000
1
Feb
8%
81c
2.18
Jan
Feb
Feb
Feb
Jan
Jan
134
4Vac
Jan
Feb
Jan
142
25 "b
Feb
21%
Jan
200
15
Jan
16
Feb
5
152
Jan
165
Feb
f 3 VaC
2c
Jan
6c
Jan
2c
2c
410
1.75
Jan
2.00
Jan
2.30
2.20
2.30
6,179
1.86
Jan
2.30
Feb
2VaC
2VaC
1,500
2c
Jan
2%c
Jan
26c
14,900
20c
Jan
30c
Jar
0
.IIIIIIIIl
24c
*
23
VaC
•
17
17
17%
190
Jan
18 Va
Jan
2 Vac
2%c
2'%c
500
2c
Jan
4c
Feb
1.00
1.00
2,000
85c
Jan
1.05 Jan
83c 87 %c
14,552
67c
Jan
Mines.j.___...^_50c
Gold
Mines—
'
Simpsons
1
86c
__1
r
6.70
;
,
1
17
6.50
commou™.._.__*
6.75
787
10
10
1,004
10
Feb
8
25
8
Feb
5.75
8
8
6
6
10
3 Va
100
Ltd
A-
93
94
125
86%
1
7c
Gold'
Siscoe
44c
4Qc
44c
2,240
39c
38c
B
35c
38c
8,300
..._.l
2'/aO
2c
3c
22,000
5%c
6'/aC
41,000
3JAc
25c
——.i
Mines
.
Jan
1.00
6,75
10
Feb
Feb
Feb
8%
Feb
Jan
6
Feo
Jan
96
Feb
Jan
45c
Jan
Sladen-Malartic Mines
29c
Jan
45c
Jan
2c
Feb
3 VbC
Jan
Jan
6Vac
Feb
Feb
32c
Feb
Feb
South
Feb
Lake
Gold
End
Mines—
Petroleum
Southwest
Jan
5%
Jan
Standard
Paving
Feb
1.25
Feb
Standard
3»A
6%c
Radio
Feb
4%
-
class
Preferred
3.40 Feb
Feb
2,50 Jan
8,950
65c
Jan
V5
803
5c,
23%
Power.
&
Dairies
Feb
3%
3.30
-3.30
Feb
2 VaC
Mines Ltd.
Preferred
Feb
54 y2
-
11 %c
.
23
Gold Mining——. .IIIIIIIIl
Sherritt-Gordon
Feb
(■14% Feb-
2,500
534
514
23%
Sigma Mines (Quebec)—A_:
6%c Feb
•
;51 Vt Jan
13V» Jan
;
5%~
1.55
Feb
256
1514:
33
Mines—
common. 1
Corp
Shawinigan
Feb
160
.
1,400
138
Senator Rouyn, Ltd—„ ——1
Feb,
122
3'A
A
4 Vac
Feb
•86
35
53%
54 Va
Jan
1.90 Feb
Feb
i- 8
5,500
A' 72
-'75
15%
l'Ac
4c
137
Mining...:
12VaC Jan
500
4c
common.._
Feb
Jan
■
f 8
55
,
Industries
22 y8
13c
.1
—_
1.78
2.15
Preferred
32c
13c
common
Mines
1.81
1.05
13
Jan
17 Va
Feb-
410
—
Gold
Jan
';
—
19% Jan
15,000
it
Jan
12%
.100
Oil
20c
112
961
9,100-
88
-1
Theatres
Jan
90c
25
Roche Long Lac Gold Mines-
3; 70
Jan
3%
18c
^I-aA—
United
Carpet
-
Jan
18c
6,600
Mills.;——
Silk
Slave
Harding
23c
12,698
13
—1
—
—
Feb
1
834
_
Feb
1,00
1
—
6
Feb
86
Hallnor Mines A_—
6
13
___i
Mines
Dome
Queenston Mining
Feb
15c
vtc—0
Halliwell Gold Mines...—
Feb
Feb
Jan
95c
...*
—
Riverside
28c
8'/a
VV Vtc preferred:
Gunnar Gold Minesl_:,i___„.^_^l__;I"il: '
Gypsum Lime & Alubastine——
,
4%
*4
a
-i
Feb
375
28c
sy4
Co.....—.1
Paper common
100
Feb
23
86
V
A—50'
Lakes
0
Feb
70c
,
_i
Rouyn Gold Mines
Preston
Febk
1
Preferred
Jan
.Ii
of B C
Mines
Feb
[28c
171a
-
83
Goodyear Tire <& Rubuer common...—0
Great
57c
20 VaC 21 %c
21c
Mines...
Jan
|21'/a Jan
...I
Mining
2,000
9c
97c
-1
;
Electrotypers—
&
Silverwoods
Goodfish
67c
67c
,
94
Feb
100
i
8%
—.i....—
Jan
65c
High
Jan
88'A
Royal Bank of Canada— —100
13.10
1514c
Mining—
Mines
5'A
Jan
1,325 ;
2114
27c
8'A
—*
Mines—
4%c
215
1 Bol
Power Corp of Canada.
Premier Gold Mining—
River
;^__100
__
,
1.20
\ 4% Jan
■
4%
2114
;
100
——
Gold
Engravers
Powell
;
Wares. .——.Ai-——*
Gate
■.
.
28c
17
common——A._*
Co
1.30
14
Jan
i 4
22 %v
28c
21%"
■
24%
15c
% 37
:
■
3.60
28c-
27% c
Mines Ltd
Gold' Eagle
6
3.60
100
•
5
5
'6
■
1
•
Goldale Mines,
Golden
26
*
30,500
92%
'
_^..1
;
—
•,
Steel
God's Lake
5,410
5
_*
Shops
88c
"•
Low
7c
94
%
7Vac Feb
10c
100
Ltd
6VaC
6
93
Paymaster Cons Mines Ltd
12% Feb
1.10
—
Vapreferred
General
,
Jan
Jan
.14
Mines
preferred
8%
1.14
14
Jan
4c
11 Vac
4 Va
Power
-
Mines
High
1.00 Feb
—1
Ford Co of Canada class A__—
Gatlneau
a
7c
—
Pantepec Oil Co..
5'/a
——*
1—
Candy
■;
Jan
715
Fieury-Bissell preferred
,
Feb
'
200
Aircraft
-■
50c
108
—*
Petroleum
,
Feb
Porcupine
1,580
Falconbridge Nickel Mines
Francoeur Gold
Pamour
50c
English Electric Co of Canada cl A_—■*
Fleet
Feb
9%
1
Ltd
Worsteds
Mines
Farmer
23 Va
Ltd
Low
*
*
Tubes
8'/a
\ ' Class B
;
.Equitable Life Insurance.^:.A--»A*A-25.
Fanny
Page-Hersey
7%
——^.100
Crest OilLiL^.—
Federal
Feb
8%
6?
Eastern Malartic Mtnes-:-.
Gold
22
Ltd
Oils
9 Va
Mining Co
Eldorado
Pacalta
7%
com
Eastern Steel Corp
,
Feb
8y2
Feb
105%
Par
25
,
.Preferred
.''.East
50c
15
,_20
—1,
Dom Woollens &
Duquesne
105% 105 Va
8V4
High
—*
class
Dominion Tar & Chemical
.Preferred
22
100
...
Low
.:
V
58c
Jan
Steel
Jan
Petroleum
of
Co
"
——
& Materials
com,
__
*
25c
500 '
1.40
1.40
1.50
200
1.10
Jan
1.75
•'__
4%
4%
300
4%c
Feb
4%o
Jan
65
'
—
Canada
25c 7
,
65
66%
110
59%
Jan
66%
Feb
Jan
70
Jan
common.™__i.."
Feb
'
Harker
Gold
Mines—.
3 lie
2%c
—i
%
6,000
Preferred'
3%c
Feb
17c
Feb
Steep Rock Iron Mines
Jan
Straw
9.60
Jan
Sturgeon River
3.40
Feb
——;■ 70
16c
500
flOc
;,v: 14
320
rl4
9.45
9:15
9.50
2,105
3.30
Dauch__
3.05
3.40
21,300
A
•_:.—A_.
14
Hollinger Consolidated Gold Mines.
Home
Oil....—,
Homestead
Oil
Howey Gold
...
5
&
Gas—.1
Mines
-
1
....
3%c
*
-
18c
Hudson Bay Mining & Smelting—.*:.
.Al4fv
27%
,121a
Erie-Mtge.__—__106
&
4Vac
61
% 14%
Jan
2.65
<
Jan
3c
70
25
_*
1.86
1.66
1.87
93,550
1.51
Jan
1.87
Feb
l%c
l%c
l%c
13,000
lc
Jau
l%c
Feb
Mines—^..1
A.
12c
12c
500
10c
Jan
12c
1.84
1.98
8,330
3%c
3VaC
Lake
Beach
—
Gold
Gold
:
Jan
5Vac
Feb
17Vac
Jan
20c
Jan
Sullivan
26%
Feb
28 Va
Jan
Supersilk Hosiery class A—
7%
365
Jan
14
Feb
Jan
62
Feb
-
-
80
:• 14
62
•,
Jan,
8.50
3,400
•
.
•
Feb
7,500
,-18c 18.1'ac.
27 Va ...27Vi
Hunts Ltd Class
Huron
—
;
—*
Sudbury Basin Mines.—1.84
&
|2V4c; Jan
16c
-14
Highwood-Sarcee Oils —
Hinde
97
55
Mines,:
Sudbury Contact
1
Minos...—
Cons
.
1
75c
75c
175
175
65
1.60
500
75c
A.
1,000
'■•••
66
1.46
Jan
3c
Feb
65c
Jan
Feb
4c
Jan
78c
Feb
75
150
Feb
175
65
10
65
Feb
65
1.56
1.63
1,105
2.25
2.20
2.25
1.00
1.00
1.00
Mines—67c
Preferred
c—:
:
AA
—100
:
Sylvaniie Gold Mines, Ltd
—1
1.38
Feb
1.99
Feb
Feb
Jan
1.65
Feb
Jan
2.40
Feb
'
20'4
paid
,,100
—_
81a
814
163
A163
13
__
13%
4,171
6
8'/a
t
8 Va
Feb
Feb
Teck-Hughes Gold Mines
Imperial Bank of Canada—.
Imperial
.100
Oil
163 A
"
'
13%
Imperial Tobacco of Canada ordinary.,5
-A*
Inspiration
Min
International
&
Preferred
Class
Dev.—___
Metal
preferred
International Nickel
....
180
.11 y®
Jan
13%
Feb
Toburn
157
17
Feb
7Va
Feb
Toronto
8
5
? 8
Feb
8%
Feb
281a
281a
50
28 Vz
Feb
28 Va
Feb
Toronto
j27c
-
•
.95
International
JacK
Waite
Jason
Utilities
•
class
Mining——.
— —
Mines
Jellicoe
i. "
Jan
Towagmac Exploration
12
Feb
Traders
10
90
Jan
96
Feb
15
90
Jan
95
Feb
1,182
i.
30c
30c
33
*
8c
9c
Jl
Ltd.-
15c
13c
llac
,
llac. l
;
'
■
..
B
_A
Transcontinental
*
Kelvinator
Canada..
of
Kerr-Addison
*
1114
Mines—J__.:iw-l
Bay
30c
Kirkland Lake Gold Mining...——1
Lake
Dufault
Lage
Shore
Ltd—
Mines
Union
Gas
of Canada..,:
Co
Feb
United
Corporation
United
Fuel Invest
i6c
Jan
10c
Feb
13c
19%
Jan"
lV4e
Lamaque Gold
Cadillac
Secord
Laura
Mines
Candy—
Lebel Oro Mines.
Leitch
Little
Gold
Ltd
Feb
Long Lac Gold
Loblaw
Groceterias
Class
B-
Mines Ltd.—
61c
16%c
3c
23
Class
Jan
United
Jan
385
Oils
2c
2c
77c
14,900
20%
83c
900
20,.t; 20%
83c
398
19%
123
83c
—1914
*
Mines.
2.85
% 2.72
2.85
1.70
1.64
1.79
Mines—1.04
95c
1.04
38,772
MaeLeod-CocKshutt Gold Mines.;
Madsen
Red
Lake
Fields
Gold
Malartic
Manitoba
Gold
;4i_l>
3.65 Jan
Maple
1.90
Leaf
Milling
1.84
1.90
1 V4c
1
...
& Eastern..
Maple Leaf Gardens common
llic
11
6U>
5%
*
common.—6
Preferred
*
•
1,900
6%
5%
15%
•McColl Frontenac Oil commoni.i.——*
634.
6%.
;7
...:i_..100
'98
93
99
Jan
10 Va
Feb
Western
lc
Jan
2VaC
Feb
Jan
79c
Jan
9c
Exploration....
9c
—
::
Canada
Porcupine Mines..
Gold
21 Va
19%
Feb
Jan
..
Oils Ltd ———_.i___l
Model
.
1.65
25c
950
Monarch
Knitting Co common—....100
Porcupine Mines_^^.
Montreal
34c
1
Light
Corp
Class
A
Heat
Powers——-*
&
.100
Preferred
Sewer
—
7V4
*
________—20
_____
Pipe.class
__
A...
4614
National Steel Car
183
183
7VI
2614
26 V4
47%
Nipissing
Nordon
..i5
Mines
Mines
Noranda
OiL
Normetal
:
Corp
1.14
4%
Jan
Jan
41
6
-.
14
6c
Ltd.
91c
*
.
Jan
6Va
15%
47
11c
Northern
Empire
Star
Oil
Mines...1
common
—JA.l*-
—
■
1.25
49
Jan
1.25
99c
2Vac
17c
Okalta
Omega
Ontario
For
Oils
Gold
Mines——
—__1
*,
-—
see
66c'
67c
56c
56c
60c
—
page
808.
1
16c
...1
Mines.....
Nickel Corp
footnotes
66c
1.80
Jan
Feb
i
3
Feb
'28c
1014c
Feb
* '
25
2,230
105
*
19%
19%
A.
23c
24c
5,150
common...—4
3%
4
,
19%,
105-
4 Va
95c
Jan
5Va
Jan
Jan
1.28
Feb
Jan
Feb
48
3.40 Jan
Feb
48
4.60 Feb
Jan
47
50
Feb
Feb
19
Jan
20
19c
Jan
24c
225
3
Jan
'A 210
4%
Feb
Feb
100
62
60
65
40
Jan
69
Feb
_*
•
common..:
12%
12%
12%
80
12
Jan
12%
Feb
99
00
94
Jan
99
Feb
99
.
12,000
3.30
3.00
3.35
7,028
41
41
41
$1,100
——.1
Mines
Mines
•
__
.
_•
3%
730
l%c
Bonds—
3%
Feb
Jan
3%
Feb
Jan
43 %
1 Vac
Jan
4c
Feb
2.50
Jan
3.35
Feb
2%
2Va
20
Feb
Feb
A':
Uchi 6%
Toronto Stock
Jan
Canadian
25c
Friday
Last
►:
Sale Price
Trethewey
125
6
Feb
600
85c
Jan
Copper Company.........5
1.40
1.40,
1.65
201)
3%
4,123
Consolidated
Press
class A
Sand
&
26%
3%
*
3
Corrugated
15
Feb
Dalhousie
38
Jan;
48
Feb
deHavilland
Disher
)3%c
Jan
Jan
1.45
Jan
Feb
Feb
1.80 Feb
3 Va
Jan
50
3
Feb
3
Feb
78
78
50
78
Feb
80
Jan
preferred—100
83
77
83
27
70
Jan
83
Feb
•
' 32c
32c
36c
4,900
29c
Jan
*
—
.
pref__100
:
3
Oil
3
43c
Feb
5
5
25
5
Feb
6
Jan
10
10
25
10
Feb
10
Feb
26
26 %
15
25'A
Jan
26%
Jan
1.15
1.20
1,600
78c
Jan
15
15
100
15
Feb
15
Feb
100
35
35
30
35
Jan
35
Feb
13
13
20
12
Feb
14
Jan
A———1
9%c
9 Va C
10c
3,500
9 VaC
Feb
19c
1
lc
lc
lc
500
lc
Feb
lc
Feb
1.55
1.60
1,600
1.05
Jan
1.70
Feb
Jar
8c
Feb
Feb
1.25
Feb
Co.
....
Aircraft Co
common..—*
.1
■
.
(,75c
Jin
7
-Av
Gravel
Box
Paper
Jan
Jan
1.20 Jan
3
1 VaC
Feb
12
1.05 Jan
Feb
7
Feb
Jan
VaC
1.35
Consolidated Paper Corp
High
Low
2,000
7
...
Coast
Feb
%c
1.35
Breweries..
Marconi
Jan
7%
%c
7
Bud
Jan
(25'A
Range Since January I
High
1.35
Canada
Canadian
'
Low
*
Feb
Feb
183
Shares
;__1
3
37V2C
46%
Jan
for Week
Range
of Prices
1
Mines...
27
Feb
Sales
.Week's
Par
Feb
Jan
6
Funds
Feb
Jan
t
Feb
45
inclusive, compiled from official sales lists
STOCKS-
t24'A
182
Feb
26
Exchange-Curb Section
20 to Feb,' 26 both
Feb.
1.15
Feb
45%
Feb
8%c
Feb
Steel
Dominion
,
Constitution
Co
Bridge
pref
I—
Foothills Oil & Gas.
Fraser
Co
voting
*
*
*
trust
A
—
certificates..."*
1.30 Feb
1.03 Feb
1.50
Feb
1.50
Feb
11.00
Jan
1.30
Feb
Ontario
Silknit
preferred...
Script
—,
....
Lake
Mines
|66c
Feb
73c
Jan
Pawnee Kirkland
•38c
Jan
65c
Feb
Pend
Oreille
16c
4,200
8V2C
Jan
19c
Feb
Temisk
9c 1014 c
300,600
8V4C
Feb
IIV4C
Jan
Walkerville
16c
Jan
36c
49
'44 Va
-
2,575:;'
15c
Jan
lVaC
Feb
'22c
.5.000
Feb
Jan
25c
500
342
Osisko
Gold
6.00
9%c
Feb
f,
O'Brien
4.40
8,400
Feb
Jan
f 1.22
100
8,583
32c
1,050
Jan
Jan
100
1.25
6.00
32c
—
Feb
Jan
'
North
5.60
11 %c 12%c
5.65
12'Ac
3-'%
Feb
:llc
11,400
Feb
000
9,000
43%
i99V2 Feb
IlVijC
2,000
92c
1.50
9c
4%
1.20
Jan
•83c
;40
87c
Jan
4%
Feb
7%
Jan
}
1.50
5%c
Feb
Feb
Feb
Jan
Jan
1,522
43%
6c
I 1,000
4'A
Feb
Feb
Feb
Jan
5V2
14 Va
1,820
1.15
42%
___1
——l_.__...
Mining
1.15
*
—
7c
7%
8%
37
1.12
36
Wright-Hargreaves
i
.
Feb
4%
3%
Feb
1,310
.
40c
1.20
3%
1.04
50
45%
Jan
41
Jan
[5 Vac
35
1414
3%
33«
Wood-Cadillac
192%
425
0(5
3%
Feb
•
10
7
■Ly
Feb
Jan
*
1.79
.
225
390
Jan
8%
32 Va
4
7c
-*
6
70
75
,
100
Jan
Feb
2,400
1414
:
...
Natl Grocers common
Nat'l
...
45%*.
—•*
common.——
310
7
48
Consolidated
Moore
6%
Winnipeg Electric class A.__———_*
Brett
Moneta
Jan
-.1
100
Jan
'
,
37c
Feb
70
.
2,000
4.10
Class B
6'A
1,500
,,
Ltd
1.55
■
.1,000
1.60
40c
Jan
Jan
20,800,
■
Feb
—-—1
Flour
2.92
►10'A
14,200
17c
3
3
34c34'4c
25V4
20
45 46%
-
l%c.
14c
25c
.
5%
48
Preferred
Jau
6V4
300
97c
93c
l%c
i-
•_*
Canada.——1.05
of
Corp
11
Mines
49
47
93c
Mines....——...1
Mines—
Gold
McWatters
Mining
Lake
Red
McKenzie
McLellan
4814
5;
Feb
48
I
f
Mclntyre
5%
4.00
Preferred-
v-'ii-i
2.09
.
130 -.3
5
4.00
Preferred
Westons.(Geo)
1.00 Jan
l%c
2,200
McDougall-Segur
V.
Feb
Jar.
67
Preferred
•
Feb
5;,t
48%
—
9%
Jan
1,600
614
15%
6 Vb
*
.—
Wendigo Gold Mines.
%c
1,953
15%
*
common
Preferred
Feb
common.."
—
Worts
Feb
1.68
547
20
Massey-narris
...
Ltd——!
Mines,
Preferred
4.20 Feb
:
,
25
12%
11%
—
Cotton
9VaC
!
4,000
.....
Wabasso
:■{ 4V4 Jan
21,313
ic
6%
6
6Vb
40c
...
...—.1
Jan
'
32
4
5c
i70c
.
Feb
2,800
8%
—:
Waite-Amulet
;
,
18c
14c
6V»
35%
Ltd———....1
(2.30
.
Jan
40c
*
Oils
Oils
.18%
8,800
1
Feb
Vulcan
'20'A Feb'
2.290
Ltd
Feb
12c
13c
6V»
35
Walkers-Gooderham
*
75
8Va
Ventures, Ltd.
Vermilata
Feb
if;
Macassa
Feb
Feb
80c
Jan
Feb
Feb
Feb
■
68
75c
*
12 Va
GOVaC
1
A..
—
71c
•
1,000
75c
-
77c
Feb
74
8'%
—
23%
-
Feb
52
—7
B
United Steel
Jan
.
28 Va
Jan
5%
—._—25
70c
Jan
>
.
Jan
50 Va
*
class
B
Feb
^30c
Jan
22
11,500
1014
> 6.20
48c
Jan
23 Va
35
class A———50
,10% Jan
1,238
7c
ilO'A
lO'A
•
class A
23
4.16
12
Jan
Jan
55c
25
4.00
Glic
Jan
-
-20c
4,270
--
.
4.75
-
-
22,560
*
i.,
10
;
27,200
1214
1
—
70c
11
iii....—'—1
Mines,
'66c
52c
6%c
.
3
—
:
—
—1
;
600
52c
—*
...
Mines
Gold
.
12%
f
1
Lake of Woods Milling Co common— L*
Lapa
215
14.910
30c
5.70
,;30c
,
69c
Ail
Ltd—
Mines,
12
5.90
11
5.90
Gold
Hudson
61c
110
51 %
■—
*
—
Upper Canada Mines Ltd..
Kirkland
1,200
28%
51
.100
Resources
Feb
Jan
•
67c
28
13c
A__—A—*
—
i30c
••
133
lac;
1.05 Feb
39% Teb
Jan
,•
'
Common
Feb
1,000
;
4
Jan
74
Co......—.1
Finance common
'30c
16,000
1
Mines
'
>■'17
••100
1.85
90c
65%c
Trusts_:u——^.100
35c
'9c
1
General
Jan
1,275
1,440
..
.50
Jan-
38
2,735
:
51
0
common—•_
lOVa
:
1814;
18143.L 1814
B„_i.—__1
Elevators
95
37
Petroleum
Gold
96
-
95
3714
-
2,050
11%
96
—
———5
Preferred
60'
32c32lac
11%"11%.
1 ;
Oil—
Canadian
Feb
7
—_*
common—
13%
.
International
i
Texas
Feb
Jan
12
,.100
—
165
Jan
,
'11%
••
8
iv..
,
——100
———
A
.l.
i.—
157
5 '
7
11%
2814
A—_.
common
'
--
-•—____
—
.
>
11 %
Preferred
.1
____£1
C
"..V
Imp Varnish & Colour common_4—.
Li;
Preferred
%K.
Gold Mines—
Mines
Mining
Brewery
1
1.57
....——-—...1
6c
6 Va c
4,000
5'Ac
*
1.25
1.25
100
1.25
Jan
u'lU.wtsi'D'WiaW'j'ystt^w
THE COMMERCIAL &
808
;'
Quotations for Friday Feb. 26
«.
Aeronautical Securities
i
1
-1%
Affiliated Fund Inc—
2.65
B-i
.'Series
B-3_
Series
20%
!,/2.82 /;/. 3.09
11.61
5%
Oil Shares—2
Inc——1
•
12.31
S-2—-
Series
S-4—'
Series
v
A Common
A6%
73%'
—_1
_____
Industry Shares—!_—10
Boston Fund Inc
5
3.41
14.63
5
.lit
23.05
13.14
Basic
Inc
Broad Street Invest Co
Fund
Bullock
Ltd—
1
Agricultural
53%
10
33%
34%
—25
71%
74 Va
-
__________
—10
American
Alliance
American
Equitable.—A.:
of Newark..—
2%.——14%.
•«'
American
Reserve—
American
Surety—
f:
54%
/. 7780
553
100
1
/ ,"
Maryland Fund Inc———10c
3.85
4.35
1
—1
18.68
v 8.97
10
9.55
20.09
9.67
10.43
Fund
Mutual Invest
.4
Fund
2d
Investors
Mass
27.77 -
Trustu
Investors
Mass
—
Inc
/
'
17%
North'
Fireman's Fd of S Fran new—10
.j
.
;
..
Consol Investment Trust
.
.
C rf;
.%JV-
1
t
AA"_—i-—J-—i———1
2.06Accumulative series—:
1 •& 2.06 ;;
Series AA mod——
s—1
2.48
Series ACCmod——
-a-l /:, 2.48. v
;
:
62
.
(Md) 'Voting shares.'——1,25c
>
National
—
100-
preferred—
///•
•''
v
*
T-.
6.09 • *
3.95
r
General
'■*
,-r:9
4-4"
<**«-V.. ;•
5.97
v
•.•>';•/'">
v
.
>.
■
i' =,
-
preferred
A7%
■
\ •>
<■
y/
18.94
://.:: ://-/:■•■■■;
% 3.30 teUi
■
1
;
Building supply____
Agriculture
C
D
:—
Dlvidend Shares
:
25c
.
:
.
—
stock
/Home
1-
'
Electrical
Fund——:
Stock
Preferred Accident____
'.
19-39
*
Financial
Steel
5.80
No
17.13
North Amer
Inc_
1.62
1.71
5
|7 4.99
// 5.57
Trust
Fund
Trust
10
Fixed Trust Shares A
Foundation Trust
Fundamental
A
Shares
Inc_
Invest
2
Fundamental Trust Shares A„2
•
B
General
Capital Corp
20.08
—
„•
28.62
30.70
4.49
4.84
41c
shares—:
Aviation
Inc Shares
5.70
5.05
10c /
3.68
3.29
Republic Invest Fund————1
Food
7.24
Sovereign
6.53
—2Va
Spencer Trask Fund
5.82
6.40
State St Investment
'
7.83
8.61
4.18
6.94
8.27
9.02
1
3.79
shares.
5.58
5.60
Series
—
*
Corp.
•
;
,
—
RR Equipment shares
6.35
14.17
69.14
3.84
4.08
.
-—
a Series
A
Oil
1'4
Holding Corp__
Foundation
Common
1
Fund
3.09
__10c
''
!'■;" Ask
Bid
1,330
1,300
'''
'• f'
M
*'
Clty-^i——• 30%:
'
;
30%
.
*. is'
} •
31%
32
■
Companies
County
74 %
78%
88%
43%
45%
15%
-
16%
54
common—
20
■
•
Ask
41.
54
,
52
25
■
202
192
100
& Co—
./■
39
20
—
P)
Bid
12%. ,, 13%
1,185
1,235
23%
26%
86
83
42 Va
51
Preferred
Morgan (J
New York
Par
—10
100
25
Lawyers
85%
Title
Fulton
100
150
12
Guarantee & Trust
,
4%
/
"
4%
100
271%
276%
—4—-
__—
United
I
States
100
1,050
1,090
Quotations For U. S. Treasury Notes
:
Figures after decimal point represent one or more
5.13
5.58
Trusteed Amer Bank Shs—
Class
25c
B—
...
38C
69c
78c
21.85
23.89
17.05
Shares—25c /
/
B——_4_.
Series
■* ;
A-——
18.64
C
6.22-
U S El Lt & Pwr Shares A_
1.46
5
16.60
Independence Trust Shares—*
:4' 2.05
2.33
6.81
?
13%
Ask
100.1
100.8
100.12
100.20
100.22
100.16
101
99.29
100.21
100.14
Int. Bate
Bid
IMar 15, 1943—
/! 3/*%
100.
Jun 15, 1943
1%%
100.7
Sep 15, 1943
I
%
100.11
Dec 15, 1943
1%%
100.19
Mar 15, 1944
:
I ■>%
100.21
Jun 15, 1944
A
%% ■ 100.14
Sep 15. 1944
1. %
100.29
JSept. 15, 1944——
%%
99.27
Mar 15,
1945: %% ■ 100.19
JMar 15,. 1945—
\V*%
100.12
Maturity—
r
—
/
/
,
32ds of a point
...
s-
•'
■
Int. Bate Bid .Ask >
%%
99.19
99.21
1 %
99.23 >'? 99.25
1%% , 100.10 100.12*.
- '•/-/•■■■■:.'^-r
Certificates of Indebtedness-—^ /t..- .*: : •
;'
10.65s May 1, 1943—_—,
b0.43 "0.37%.
1%S Aug 1, 1943
U.b0.61 "0.58%5
t%s Nov 1, 1943.:
_
b0.710.68'i
t%s Dec 1, 1943
b0.73 0.70%
t%s Feb 1, 1944
—
b0.76 '0.73'^ •
Maturity—
tDfec. 15, 1945—
IMar 15, 1946
IDec 15, 1946—
17.75
Institutional
Securities
Aviation Group
Ltd—
1.47
Ai
.
12.25
>77c
-
—1.06
Investment
Co
of
14.84
-16.34
13.43
85 c
America...10
.1:
20.20
Corporations
10.74
Blair &
Co
75c «
98c
1434
16V*
Bid
AFirst
Boston
.10
Corp.
105%
105%
Empire Gas & Fuel 3 %s, 1962.
9i%:
91%
Penn
Electric? 3%s,
Bid
%%
May
tlVa%
z
Feb
Bid
Ask
1,1943
100.1
100.2
100.3
100.5
l%s Jan.
Call
Federal Home Loan
t34s
Banks—
Mar
1,1943
Apr
1, 1943
3,
100.10
100.23
0.55*3
XI Va%
100.9
11%
U
Federal Land Bank Bonds-
■
4s
1946-1944
104%
1964-1944
104'/a
104
105
105
100.6
100.6
March
100.8
notes
Feb
10,
March
100.7
15,1944
Apr
17,
24,
March
1,1944
3<4s
3s
1955-1945.
1955-1945
3s
Jan.
3s
May 1, 1956-1946
1,
1956-1946.
.
ft
.
1971
107
Bills
purchase *
100.21
100.24
April
7,
bd.37
1943
0.30%
May
b0.37
—.
—-
0.28%
0.28%
0.28%
b0.37
1943
1943
0.28%
b0.37
b0.37
b0.37
-
1943
1943
31.
Bid
14,
1943—
April 21, 1943——
April 28. 1943————
May 5, 1943—
Ask
b0.37
b0.37
b0.37
b0.37
0.32%
0.30%
May 26,
May 12,
19,
b0.37
b0.37
1943.
1943—
1943——
*
—
b0.37
0.32%
0.32%
0.32%
0.32%
0.32%
0.32%
U
Other Issues
105
105%
106%
U S Conversion' 3s
107
107.V
Panama Canal 3s—
•No
1946
106%
108%
109%.
;——1961
128%
130
par
value,
107%
1947
U S Conversion 3s—
106%
ft
106
107%
Ask
April
1943
March 3.
July 15, 1943
Housing Authority—
1%%
quoted* are ft/r discount at*
Bid
104U
4s
8
—•
...
104
105%
3%s, 1956—:
Wisconsin Pwr 8c Lgt 3V<s,
Treasury bills—
Reconstruction Finance Corp—
b0.75
100.5
103%
1972—
100.13
100.20
1944—
July 3, 1943 at 100 %__
March
2s
108
Rates
Max 16, 1943
2s
3%s
United Stales Treasury
Ask
Federal Natl Mtge Assn—
15,1945
100%
1071/4
1972—
Obligations Of Governmental Agencies
.Ask
Public Service of Indiana
Southern Natural Gas Pipe Line
100
2%s 1952—.
Macy (R H)
Commodity Credit Corp—
Bid
Ask
Cent ni Pub Scrr 3%s, 1971—
21.95
10.50
Quotations For Recent Bond Issues
— Investment Banking
1.16
A
Investors Fund C.
1
Wellington Fund
/44/,/
4
shares—.
Bank Group shares...
:
Insurance Group shares..
,
165
Guaranty
3.41,
1.34
—
Incorporated Investors...
o^f
•••• • V*
!!;! fW./': ..///,•//;, .':;; /1!//,;./•/''
Kings
41%
2.01
1
:
Trusteed Industry
22c
10c
:"1
Inc
____100
v^ rs-h jV '.-yk. '•
i'f:
Irving
Exchange Bank & Trust-20
2.01
_1 %
:
;
Series B__
'Series
Income
\
National.—--i-__ 17 Va
45%
100
Shares—
United Bond Fund series
AHuron
■
74,30
/:
;
D_———
Stand
Trustee
4.65
v.
shares
Utility
~
4.22
shares—3.70
Tobacco
-/,■■- -.VPar ?
'fj.
National
322
43%
Continental Bank Si Trust- —10
3.17
3.48
Steel shares
«
34%
2.22
_I
C„
ASeries:
6.16
2.87
;.
_
shales.
317
100
Chemical Bank & Trust
^
Railroad
Ask
Bid
__20
5.07
a
;
\
32% '
Trustee Stand Invest Shs—
5.76
5.15
Mining shares
Petroleum
.".■■
4.60
—
•!!///:
First National of N Y
Public
192
184
Empire
5.73
13.31
1
Investors.
Super Corp of Amer AA
a
> !. 5.23
•______——
Merchandise shares.
•32%
'
10
'
Investing
•
W
4.61
6.31
i.
shares;
\ 31
*
Par
Bank of New York
Corn
5.93
Equipment
bond
:■/;
Brooklyn
84.65
Selected Income Shares—
.Z—
shares—
General
19%
Manufacturers
82.37
* 4
Inc
I
Chemical shares
Electrical
•;//: /. '/./•:///;.: /•,
Central Hanover
5.13
V"!
■
Bankers
6.13
6.58
2.50
85%
-.■,
.X
-'.V/•V'-'-";
Fire——J
51
80%
13.14
p ■
5.57
Building shares—!
31%
49-. "/■
.
"V.'i
New York Trust
46C
■
12.29
4.66
shares
10
441.
'
29%
4
—
61<,
431/ ^
:
Fidelity & Guaranty Co__2
U S Fire
Ask
-
18
.13.55
1.99
10c
Plymouth Fund Inc
Putnam (Geo) Fund
Selected Amer Shares.
shares-
Automobile
U S
!—i.__—100
—;
127 V2
>■
58
2.38
—41
Fund,
Agricultural
Travelers
*•
Scudder, Stevens & Clark
Group Securities—
123 %
Standard Acoldent_«i^.«—^10<
1.94
Quarterly
__1
General Investors Trusts
10
6.39
|
Bid
'
Par
5.09
3.92
Springfield Fire Si Marine_i^_25
2.43
1
Series 1958
4.26
•
—•
Series 1955——
4.00
18.32
v
i;
New York Bank Stocks
-100
4-1
1953—
Series
7.78
3.40
1-
278
44% -»*! 46%
! 36% ff 38%
shares
Series 1956
Mutual
First
268
Security New Haven^__^u_--10 Z
Westchester
39 V2
ctfs
Amer Bond Trust
;_62%
Seaboard Surety.^—^^.^^10-
38%
6.38
15.92
—
35%
4.53
i—
•
-
7.21
5.79
27.95
30%
35
..■.../;
4%
5% i.
10 ■; -,24%"' 25%
10 //;, 22%
23%
2
<Texas) ^afc.--.A-j;
Fire
/?Km.1.__20
10.24
4.10
25.99
30
•
Industrial Fund,
44
-
16%
*
'
(Paul)
Revere
75V2
8.30
6.55
Railroad equipment-!.—_____ •
't 11-53
.
;
,
Republic
30%
16%
15%
33
a,-A.—
...
7.75
9.31
—
.■
73%
10.66
7.54
Railroad
10.74
Equitable Invest Corp (Mass)_8:
Equity Corp $3 conv pfd
1
7.04
—
,
44%
89%
■
9.15
•9.70
—
:
■!:
8.32
'
-
6.45
5.86
___—_44—
96
101
86%•
—10
/.,
America!—10
N
15 a
• v
427/b,»
,
5
Providence-Washington
.
U S Guarantee— —;
Jersey Insurance
43%
8.71
77.92
stock___/i
•Machinery
Oils
18.05
1M
Fidelity Fund Inc
'26%
14%
.10
5.71
!—r i.r
equipment
-Insurance
„
——_1
Fund
Balanced
'
28%.
—8
Fire
-
5 Insur Co of North
ii.10
1
Metals
& Howard—
Eaton
i—4
i__
Chemical
5.16. v: 5.-75.1.11 A. .1.23
—2.50
—
—
—1
—
5.18
10.10
'
Aviation
-17.52
Diversified Trustee Shares—
"'24%
^*93'•:/•" 96' Inspect.»10
46%
49%
—10
Hartford Steamboiler
■■■>
9.07'
'
8.25
Automobile
Bank
Fund
Delaware
-
_10
—
,
New fork Stocks Inc-~
_10
100
•
shares,;
B
A Common
Cumulative Trust Shares
8.78.: 9.78
28
29%
.-—5 /
—_5
Fire——
Homestead
.
46
18%
42%
40%':
.8
American—,
Great
'Hartford
V"
••
-
'
•
•
1
:27% •-■' 29%
112
\ 4.37
Insurance—'
A Forster
Crum
,
:' 16%
10
Marine
&
33"%
80%
11%
-29%
'44
.
25%
97
Pacific Indemnity Co
!____10
PhoeniX'———————10 '
12.12
11.24
•
Fire
Glens Falls Fire—
Hanover '
^^'6.05-/' 6.69 .»
England Fundi———1'
5.
Reinsurance Corp__
Globe & Republic—,
;;
4.38
-
25
St Paul Fire Si Marines
6.86
;
4
bond series——r a T;-5.37
".
•
New
<
■
:
A/ Preferred stock series^^Al——
—
Fire:
7% ..
8%
170%. .175%
______12.50 ; /!. 92
—
Fire
Pacific
,
.v
-
series
10%
28%
:___5
__•
5
61%
.
Reinsurance-Corp-<NY)___
5.73
6.19
/'4; ■/.;;*
". T :
Security Series—
Low priced
"
29%"
27'/a
118 :
10
& Forster common
a
■■■
Bond series——
•
ACrum
■■■
Income
,
Franklin
Gibraltar
.'
'■>,
Series
f
^
Newark
of
.__
National Investors Corp—1-4—1
U
2.13 */7/— //■
.
.
•
4.40
36
.'-V,
•-
Corporate Trust Shares
1
i
..
4.05
34 •
—1
~1
Commonwealth Invest—,
.y
....
.:
series B shares—
(Colo)
r
'
/•Firemen's
:.■.... ./r/;'
3.28:r
!
v *1.16
1.28
.;/
Nation-Wide ;Securities—
8
T
—z-lz—_2.80'■ '24% ''26%
River_
Northern
•
1
19.43
10.21
Christiana Securities com.—100 2,280
2,380
.
Preferred
100
138 /
143
Fund.—
Chemical
5%
71%
50%!
/vNortheasterh/A—
44
'
60
.
77%
—
,
2
24 %
_10,; *' 31%,.
_T0 >
41%
___5
13% .!
Casualty
Fire—
•'!': New York Fire
37"%
__!__10
Fire Assn of Phila___
New Hampshire
33%
x35%
:__10; .;z 42
//Federal
9%
'■
59%
—SO /
Fire
Amsterdam
New
22%
15%
31%
—__5
," Continental CasualtyA__
Union
""
Liberty————2
National
// New Brunswick—
--/ 573-/
10
Connecticut General Life:
'
.
10
- City of New York
* -
-
•' 8.15
".
-
7^'-:^-;8—/
;f
Shippers———-25
Boston
8% !
15%
52%
._2%
—10
52%
14%
25
Baltimore American
84.70
35.10
7.41.
10c
Common
10
National Fire
15%
49%
Re-Insurance—__/_10
•
Casualty
>,!
4%,:
Massachusetts Bonding——12%
68%
Merchant Fire Assur—_5 fyf-. 47
Merch & Mfrs Fire N Y
4.;, •
7 ...■
National
American
;/:
Maryland
22%*- 24
18Vaw 20
Au5
Ask
Bid
—i—5
Knickerbocker
140-/a
'55%
...Camden FlTe—jA—i5-
NUaihattan Bond Fund inc—
Companies
Ask
135%
Surety'——10
■American
Bankers &
15.73
—1'25.82
Century Shares Trust—
,
Bid
s
:
,
6.33,
83.01
34.40
Fund——
Loomis
1 .*/• 2.913.55
Inv Fund Ltd
Canadian
' ' 5.74
Sayles Mut Fund
*
Loomis Sayles Sec Fund-_—_,16
;
24.92
14.40
>
—
Knickerbocker
3%
'
•
4% '!/f/f>:%
5
preferred——
Monday; March 1, 1943
-5
:■
•
Life__
Aetna
.
'
Investing—
Bankers Nat
*>
.
Par
Aetna Casual &
:
——-*
K-2——
Series
,
Aetna10
'
15.94
8.12"
13.99
15,35 ,/
•
14.04 ; 15.50
12-14
13.34
V A 9,02/ ; 9.94
—'—— > .3.62
4.02
B-4
K-l—
Series
12.70
6%
11.45
Foreign Investing.lOc
Stand
Assoc
Axe-Houghton Fund
// 24.49
———
Series
-
31.54
26.85
17.52.
8.95
28.77
—
—
Series
American
V
B-2___—
Series
Holding Corp—.—10 /!' 19
AAmerex
Ask
Bid
Keystone Custodian Funds—
/:
American Business Shares—--_1
i.
Insurance
Far
7.52
2.90
6.92
■ -1,
,
"
C; Ask
Bid
.
;/"
FINANCIAL CHRONICLE
Investing Companies
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lot
sales,
Cash sale—not included in range
bonds are subject to
b Yield
for year.
all Federal taxes.
price,
d Deferred delivery,
r Canadian
y Ex-rights,
tin default.
x-Ex-dividend.
A Quotations not furnished
by sponsor or issuer.
market,
iThese
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r.^vrr'mvT'ji'JSr* r
THE' COMMERCIAL 8c FINANCIAL CHRONICLE
'Number 4155
.Volume 157
809>
-u.
Week
CLEARINGS
THE COURSE OF BANK
Prelim¬
cities of
that for the week ended Saturday, Feb. 27, clearings from all
West
center
follows:
mary for the week
,
Week
York
New
-
Chicago
1942
.
411,000 000
250,128, 196
412,000,000
—
236,032,242
——
City
137.246,891
:
&
fit. Louis—______
120,600,000
-.
'Ban Francisco————
•
+
82,927 198
$4,586,964,209
-i.
All cities, one day—
1,044,899,245
Total
1,366,634,058
+ 6.7
—12.1
;
p
$6,998,497,512
3.0
+
(10 cities)——
—.
Week
New
3d
4th
Cleveland
—
York
—
Atlanta
7th
Chicago
St.
"
"
10
.
40,964,809
/288,078,081
+12.5
200,141,287
+ 25.3
1,774,02A
'
111,034
9.9
136,791/
34,052,741
.
152,119,935
•
;
•
706,869
:
2,775,405
1,806,739
37.9
293,53^0
3,269,850
+ 77.6
1,336,21*1
2,332,294
+ 37.9
1,530,361
+ 12.5
16,091,000
+ 31.6
2,051,515
8,755,019
8,081,141
+
8.3
5,410,263
4,384,830
35,554,109
1,857,147
14,145,293
27,994,706
+ 27.0
+ 40.1
17,123,428
1,092,432
lB,902,5*j(t
1,325,654
12,254,195
4,989,081
—
7,882,439
A
•
-
—
:
.
-
340,626
294,115,200
948,365
+ 43.0
3,249,754
893,987
3,256,849
+ 32.4
1,449,092
1,063,4^0
1,545,016
592,403,182 / '
—
2,991,540
269,9J8
2.7
+ 27.6
1,199,835
508,855,802
+16.4
361,360,893
1,972,009
(17 cities)
7,266,605
3,268,668
1,853,244
6,370,432
2,453,171
—
1,007,702
7,706,896
+ 58.0
+ 34.5
507,362
„-1:
1,684,45
+ 15.4
405,192,333
•1,235,591
;
4,456,101
—-
1,440,86
15,200,0
+ 14.3
493,429
463,065^370
1,662,177
!
—u—
Springfield—'—
Total
+
2,553,314
2,504,747
:
Peoria-
482,818
4,131,205
27,417,000
.•
Rockford
—
286,769,7fS6
•
l,0U,53p
350,549,301
Eighth Federal Reserve District—St. LouisMissouri—St. Louis
167,600,000
142,700,000
+ 17.4
96,100,000
79,200,000
70,041,846
,61,706,840
+ 13.5
42,467,914
40,058,948
.+ ,1,8
26,179,595
30,458,344
18,450,689
1,028,000
39,337,823
811,000
278,728,794
244,555,663
—
Kentucky—Louisville
L.
——
Tennessee—Memphis
—•
Illinois—Quincy
To.al
(4 cities)—1
.
Ninth Federal Reserve
/
3,744,792
'• St. Paul
——
457,000
"165,204,509
———
476,0^
128,585,03b
North Dakota—Fargo—
South Dakota—Aberdeen—Li
"98,405,916
Montana—Billings——
;i,052,731
.
_
2,781,121
60,24»,780
57.384.8E
23,937,153
21,208,306
1,954,205
+
+
5.4
40,222,847
3,161,917 ;"+' 4.6 J"
1,"274,952 !— 9.7 ' "
"•
917,131 " +14.B +'
'
3,782,663 ' +
3,997,636
2,440,926
2,403,927
J
~®
•
'
6.9
+ 19.2
3,504,479
117,261,356
42,405,348
3,307,585
"1,150,971
"Minneapolis-——
/•..
26.8
+14.0
+
District—Minneapolis—
Minnesota—Duluth—.
,
vf.'j:
/
646,166,917
584,257,472
"
4
"
10
Francisco
„
>
592,403,182
'
278,728,794
172,920,419
"
6
"
10
•
11th Dallas
"
"
7
Minneapolis
10th Kansas City;
245;799,343
323,945,230
M
278,683,033
130,734,744 '
-
Inc. or
Dec. %
.
460,846,083
' 1940
i.:
+•'V
$
1941
-
•
746,896
r<
641,791
603,107
?,714,013
3,123,889
93,592,127
5.7
"760,237
228,518,854
2,707,622,919
354,573,419
281,069,784
118,960,368
152,119,935
350,549,301
128,585,033
87,357,139
113,955,513
68,775,653
208,073,004
t
VI
87,357,139
V
;
252,248,809
2,661,277,470
400,486,250
322,602,590
151,437,104
200,141,287
361,360,893
165,204,509
93,592,127
130,680,546
77,478,833
238,814,717
377,144,479
—
1.3
3,746,809,535 - + 27.9
608,181,738
+ 6.2
"526,291,664
+11.0
226,949,174 ' + 8.3
288,078,081
+12.5
508,855,802
+16.4
244,555,663
+14.0
151,359,905
+14.3
210,776,519
+32.2
120,031,205
+ 8.9
380,900,160
+21.0
372,161,139
* 4,792,879,540
■
"
17
—
Louis—
Bth
12th San
"
6
Richmond
8th
Citiei
10
Philadelphia
12
12
Boston
2d
*
$
•.
7
1st
6th
.
+ 45.8
u.
.'1042- :
1943
Federal Reserve Districts
5th
CLEARINGS
+ 30.9
.+
ending Feb. 20
•/.:
'■
by; Federal Reserve Districts:
BANK
717,330
19,831,372
22,696,228
1,848,974
3,216,740
-
'
Chicago——
»
.
OF
3.4
3,296,865
Decatur...
having recorded a gain of 29.0%. We group the cities
according to the Federal Reserve Districts in which they are located, and from
this it appears that in the New York District (including this city) the totals are
larger :by 27.9%
and in the Philadelphia Reserve District by 6.2% but in the
Boston Reserve District the totals are smaller by 1.3%.
In the Cleveland Reserve
District the totals show an improvement of 11.0%, in the Richmond Reserve District
of 8.3% and in the Atlanta Reserve District of 12.5%.
In the Chicago Reserve Dis¬
trict the totals record a gain of 16.4%, in the St. Louis Reserve District of 14.0% and
in the Minneapolis Reserve District of 14.3%, ^ In the Kansas City Reserve District
the totals register an expansion of 32.2%^ in the Dallas Reserve District of 8.9% and
in the San Francisco Reserve District of 21.0%.
' <:
''
"'
*
summary
"
.
Illinois—Bloomington
'• i
bank clearings at this centre
a
+
604,999
—_
Sioux City;
ings for the whole country having amounted to $8,879,525,896, against $7,389,933,925
same week in 1942. ; Outside of this city there was an increase of 11.9%, the
SUMMARY
1,182,695
17,739,000
51.0
5,695,902
>
;
—
Des Moines
statement, however, which we present further below
furnish
1,198,328
1,322,796
32,111,000
+
..30,844,000
Bend
Terre Haute
in the
,
56,300,000
+ 25.7
4,534,081
'
-
Wisconsin—Milwaukee—
able to give the final and complete results for the week previous—the week
20.2%, the aggregate of clear¬
we
4,026,77
16,359,20fl
.—23.1
3,771,172
146,729
65,510,764
323,945,230
.
..
*
Iowa—Cedar Rapids
ended Feb. 20. For that week there was an increase of
J In the following
4,935,544
213,956
72,017,882
Indianapolis—
.
dnds Saturday and the Saturday figures are not available at time of going to press.
Accordingly, in the above the last day of the week in all.cases.has to be estimated.
In the elaborate detailed
'
'
Rapids
Lgnsing—
Complete and exact details for the week covered by the foregoing will appear
issue of next week. We cannot furnish them today, in as much as the week
are
21,468,465
73,300,000
2,888,559
1,500,000
—
Grand
our
we
8.6
Seventh Federal Reserve District- -Chicago—
South
in
5,119,653
9.7
—
29,603,000
38,733,771
Indiana—Fort Wayne
!'
118,960,36
3.4
2,218,030
1,885,581
Mississippi—Vicksburg
+ 15.3
$5,631,863,454
1,201,686,567
Total all cities for week-
151,437,104
4.7
+
1,204,397,145
.
19,072,39
8.3
+
+
Louisiana—New Orleans..—
+ 19.4
$7,210,119,400
:————:
24,849,112
+
16.8
$6,008,432,833
———
1,392,413
77,999,492
1.0
106,300,000
...
—
Michigan—Ann Arbor—..
Total all cities, five days
7.8
34,856,683
990,72
61,421,56
+ 10.6
—
7,181,008
—44,707,543
:
'
40,036,744
—
Mobile—
120,399, 549
43,683,546
32,443,078
;
—
Alabama—Birmingham.:
+ 10.0
93,993,182
cities, five days————-—
Other cities, five days-——
Augusta
-Macon
0.1
—
2,129,492
445,00 i
2,174,00D
2,850,000
8.2
+
—
6,935,085
;
Florida—Jacksonville
+ 24.6
$4,804,035,688
—
Ten
226,949,174
+ 25.4
5,069,000
35,594,865
115,400,000
—
Georgia—Atlanta
+ 33.2
167,676, 000
38,097,952
245,799,343
(6 cities).
Nashville—,
5.6
155,737, 546
•
119,117,314
37,704,207
662,541
+ 46.5
Btxth Federal Reserve District—Atlanta—
0.2
+
—
96,800, 000
-
'
171,329,257
140,647,612
——
Baltimore---,
■
167,431,000
——-—-
Pittsburgh———
Total
%
103,011, 433
•
131,760,071
District of Columbia—Washington—
$2,911,960 674? C + 3.0
:'+. 8.3
319,624,275 ♦ '
294,999 613
—
61,614,873
Tennessee—Knoxville—
"; r *
$
6,356,000
66,666,575
1,963,999
Maryland—Baltimore—
$3,000,131,229
:r-—
Philadelphia
L
1940
$
920,543
"Richmond
i
-
1943
;
Boston
Kansas
'
27
Feb.
Ending
"
,
Clearings—Returns by Telegraph
1941
Dec. %
1,348,491
Virginia—Norfolk-.
which it is possible to-obtain weekly clearings will
corresponding week last year, Our preliminary total
at $7,210,119,400 against $6,998,497,512 for the same week in 1942.
At this
there is a gain for the week ended Friday of 3.0%*
Our comparative sum¬
stands
Virginia—Huntington
South Carolina—Charleston.:
above those for the
3.0%
20
Inc. or
$
Fifth Federal Reserve District—Rlchmond-
the country, indicate
cities of the United States from
be
Feb.
1942
$
clearings this week show an increase compared with a year ago.
inary figures compiled by us, based upon telegraphic advices from the chief
Bank
Ended
1943
Total
i——
(7 cities)
Tenth Federal Reserve
172,920,419""." 151,359,905
District—Kansas City+ 204.4
98,332
95,646
+ 28.0
2,222,803
2,246,906
69,240,787
46,169,571
+ 50.0
29,314,159
24,454,841
a
-
Omaha
:«
^
Kansas—Topeka
Wichita
,
„
.
74,000
2,306,926
+
4.8
4,643,326
4,230,393
+
9.8
2,417,528
2,648,604
149,245,355
+ 27.1
89,324,437
78,802,4'<O
5,472,587
+ 36.5
3,512,829
1,464,436
4,009,190
648,426
+ 125.8
516,988
2,261,317
461,503
954,482
669(760
+ 42.5
582,837
533,9^2
!
278,683,033
210,776,519
+32.2
130,680,546
113,955,513
2,417,959
i——.
i
City_;
Joseph
___
Colorado—Colorado
~
-
189,692,993
:
———;
Missouri—Kansas
St.
,+ 82.3
139,510
3,218,812
252,650
*
Hastings—
+'■■■
75,750
138,576
424,732
4,119,081
Nebraska—Fremont
Lincoln
+14.3:
Springs
—
Pueblo--—
'
.
2,614.883
2,376,233.
T
8,879,525,733
7,389,933,925
+ 20.2
5,595,325,135
4,800,160,922
*—•
4,258,785,791
3,807,450,110
+ 11.9
2,499,753,488
City
Cities
523,036,605
377,823,156
+38.4
377,375,282
288,032,717
(10 cities)—
2,188,537,864
————111 cities
Total
Outside New York
Total
—
Eleventh Federal Reserve District—Dallas—
32
Canada
;
Texas—Austin
—„
1;
We now add our detailed statement
week ended Feb. 20 for four years.
'1
•
;■///./.
■
Week
1942
1943
.
:+
Clearings at—v.;v ■■■";
First Federal Reserve District—Boston-
:
Maine—Bangor
3,251,296
.
New Bedford
New
:
Hampshire—Manchester-
:
.
1.2
596,580,
+ 13.8
—
2,536,603
6,320,135
5,403,963
11,167,800
484,447
.■■15,805,300
439,418
-
(12,Cities)-i-w—-372,101,139 5
377,144,479-
—
—
>;
.
.
2.7
.364,583
v
■
725,611
i
i
»
1,839,057
+ 17.0
—29.3
+ 10.2
,,252,248,809
Binghamton
:
i
••V
——.—
<+
—66.7
1,351,039
California—Long Beach
Elmira
65,100,000
55,600,000
+17.1
1,509,632
1,107,829
+ 36.3
—
1,433,163
1,179,853
3,891,684
519,340
———.
3,582,483,815
:
10,444,163
6,109,791
373,130
33,699,242
Syracuse—
—
Connecticut—Stamford
4,620,739,942
11,705,108
'<•
6,182,071
5,757,986
—.
—
Rochester——.———
24,712,140
Jersey—Montclair—
Newark—
.
5,450,012
30,628,643
35,366,767
Northern New Jersey
4,792,879,540
(12 cities)
3,746,809,535
..
/■',
V
Stockton.
Bethlehem
1
,4,356,712
——
,1,466;865
4,021,088
■
:
v.;
37,400,000
,'441,554
6,892,091
+ 13.4
5,904,711
5.8
6,825,777
293,631
16,411,606
+
2,555,571,647
+27.9
—
23,226,782
2,611,623,058
7,131,337
•'
,
3,664,891
4,340,961
359.583
Canada—
'i;
2,661,277,470
4.1
—
Montreal—
;
2,707,622,919
417,697
333,743
516,088
655,437
+ 16.9
491,367
464,629
+ 18.3
379,504
282,495
+
3.6
867,452
1,015,258
595,000,000
+
6.1
390,000,000
344,000,000
2,499,753,488
2,188,537,864
Calgary
1,402,613
2,029,679
(10 cities)—
17,435,210
7.9
14,220,209
4.004.045
+ 29.2
36,398,515
4,887,084
3,400,697
+ 26.2
3,050,731
2,591,610
7,681,594
—17.1
6,265,345
5,307,808
9.2
5,500,904
5,142,575
8.4
1,915,7^6
2,241,308
1,985,569
+
0.5
2,391,932
+
10.2
5,361,534
+ 22.1
2,202,198
1,683,230
2,449,963
4,461,664
+ 13.4
3,195,906
1
575,273
+ 19.1
456,702
429,797
1,733,568
1,420,879
+ 22.0
1,271,709
1,117,359
815,469
660,439
+ 23.5
652,610
549,661
1,006,293
867,931
728,187
305,371
795,907
1,008,653
987,411
—12.1
Saskatoon..
New Westminster
Moose Jaw
Brantford
Medicine Hat
r
Cleveland
Columbus
—
Mansfield
Youngstown
Pennsylvania—Pittsburgh
.
Total (7 cities)—
-
3,985,454
116,768,310
206,152,121
3,052,740
+ 30.6
2,256,761
1,956,349
102,453,540
+14.0
61,730,865
52,442,502
9.9
110,336,030
90,101,055
14,094,100
+13.8
9,393,000
9,513,900
2,795,846
—31.1
2,618,796
1,856,079
3,430,025
4,083,557
—16.0
3,810,106
2,334,900
235,953,471
212,236,523
+ 11.2
132,457,032
122,864,999
584,257,472
187,575,358
526,291,664
+
-fll.O
•
322,602,590
281,069,784
——
•
837,679
236,698
880,110
842,032
1,067,165
615,692
0.2 s
705,100
536,918
252,311
230,272
2.0
638,380
+ 11.0
873,662
740,504
9.0
989,000
984,069
+ 20.3
3,215,745
2,514,058
+14.7
+
1,328,649
—
—
7.5
-
524,952
265,309
758,874
7.3
565,806
702,348
489,705
+ 12.5
688,173
683,731
326,969
+ 12.6
997,689
774,214
311,119
2.6
4.2
—
3.967.046
455,331
522,238
Kingston™
—
812,422
754,811
1,122,960
634,001
Moncton
—
292,559
4,771,752
.
Prince Albert
—
Sarnla
577,635
578,5b6
736,158
483,959
52*1
420,684
463,871
883,184
Chatham—
839,434
+ • 5.2
772,376
523,036,605
377,823,J56
+38.4
+
•
Sudbury
"
Total
786,987
1,209,474
Bherbrooke
Windsor
1,927,791
—
2,808,1J3
404,525
Fort William
16,040,300
—
1,613,680
3,962,300
2,658,0*9
685,043
961,331
Fourth Federal Reserve District—Cleveland—
Cincinnati
-
393,960
Kitchener
Ohio—Canton
+
'
3,578,646
J
835,312
354,573,419
+
Brandon
Regina
3,196,900
400,486,250
6,004,347
4,448,163
Lethbridge
875,675
6.2
•
-
3,154,614
2,990,200
+
33,158,891
+ 14.0
34,265,759
i
+ 60.2
;
1,120,177
608,181,738
+ 79.8
*
96,125,9*4
83,103,145
35,696,0*0
15,912,819
+
—
+15.6
646,166,917
138,202,883
103,746,801
+ 28.0
110,325,942
1940
$
Dec. %
15,349,747
Peterborough
Total
1941
Inc. or
120,103,068
2,636,666
6,547,747
!
+ 24,3
2,030,803
18
Feb.
2,429,609
,1,994,865
John—j
+ 417.6
1,313,375
8.8
1942
:
6,554,814
Edmonton
Ended
44,423,029
;
3,583,200
+14.0
"V
1943
week
5,174,477
4,291,149
6,367,211
—
4,142,400
1,061,138
Jersey—Trenton
208,073,094
24,590,399
1,323,520
York.:
*
47,929,749
1,
3,029,902
205,036
1,703,174
—
238,814,717
+ 11.9
—
1,508,960
—
/
3,807,450,110
39,050,685
—
2,116,284
Scranton
Wilkes-Barre
2,094,282
4,258,785,791
Vancouver—
Ottawa^
2,762,386
Reading—
2,865,464
+
4,800,160,922
Winnipeg-.
20,580,184
631,000,000
—
+ 41.8
2,835,599
5,595,325,135
Halifax
1,742,496
766,432
4.3
2,140,560
1,166,496
(32 cities)
.♦Estimated.
.
•
-
122,597,000
2,362,253
1,140,810
+ 21.0
154,708,799
198,358,400
Quebeo
549,724
—
Philadelphia
New
—
136,104,000
+ 20.2
$
14,758,482
1,804,885
—— —
Chester
Lancaster
474,344
2,874,724
12.2
+ 23.0
+
380,900,160
/+
Toronto—
London..—
:
—15.3
7,389,933,925
706,708
+ 15.5
27,455,703
13,209,547
3,258,781
2,592,062
210,034,000
3,542,386
1,406,100
■V
549,742
708,867
+ 36.4
763,946
^
460,846,083
(111 cities)——
Outside New York
30,400,000
«
«
+139.2
32,794,647
889,219
8;879,525,733
(10 cities)——.
Total
vV 1,474,471
+ 29.0
'
454,708
3,446,409
■
656,428
Victoria
—
+ 16.6
.
+ 42.8
228,518,854
District—Philadelphia-
Pennsylvania—Altoona
7,033,803
3,802,157
235,552,163
—
———
-Santa Barbaras-——
.
St.
Third Federal Reserve
,+■24.1
11,676,608
i—
Hamilton.
Total
.22,149,499
;
+ 92.5
12,033,502
+ 12.1
—
68,775,633
33,515,130
15,072,556
3,220,072
San Jose———a.——————
•
9,499,000
1,162,679
+ 21.5
New York
27,494,135
Pasadena
Sah Francisco——-
1,610,377
6,438,125
•
+ 30.4
,L-«—.————.
Buffalo™
Jamestown
New
27,369,120
925,9'|7
40,544,152
+ 24.5
-
2,058,366
-Utah—Salt Lake City
8,929,065
.
363,256
—.1.3
353,828
2,633,270
^
10,608,331 V,
3,727,239
9,868,800
5.1
.
B v'*v'
•
1,812,904
3,305,798
77,478,833
8.9
+
6,537,957
3,095,373-
72,120,728
1,069,010
56,906,878
89,757,229
:•>
,
Oregon—Portland
576,419
2,480,654
4.0
Second Federal Reserve District—New York—
9,104,389
1,761,900
120,031,205
2.6
—
81,242,845
Yakima
-
Grand
New York—Albany.;.—.————
997,658
5,120,231
Washington—Seattle—.
Total
Total
2,033,600
"'
14,822,651
14,064,299
.
—
Rhode Island—Providence
197,485,102
636,341
—21.8
3,657,943
2,434,635
+
+ 17.6
+ 20.8
54,927,337
,
Twelfth Federal Reserve District—San Francisco-
1,773,569
219,238,245
—
2,571,000
1,182,851
4,987,721
—
Falls
Total' (6 cities)-..
473,771
550,221
1,886,232
0.1
963,290
v;
3,559,557
—
Worcester—————
Connecticut—Hartford
New Haven—-—.
1,617,540
9,141,638
bj/; $. ■£/.£
+ 10.9
—
529,581
'1,095,864.
;
Springfield
:
.«
1,005,592
414(181
.^v;
1940 ++
1941
or
—24.0
327,966,762
Fall River—-.—
20
60,500,914
+
9,920,720
Louisiana—Shreveport™.
Dec. %
750,132
569,885
3,605,416
327,439,328
Wichita
l,265,6(lo
1,710,250
5.8
+ 41.3
14,014,204
3,024,000
1,429,483
130,734,744
Galveston.
v
Feb.
Inc.
!
,;
—
■
■
$
—_
.
Massachusetts—Boston
■
Ended
*105,000,000
Fort Worth————
showing the figures for each city for the
+ 12.1
2,033,711
99,202,692
2,279,336
——:
■Dallas
'
'377,375,282
734,723
288,032,71?
.
■-'■
& FINANCIAL
THE COMMERCIAL
810
CHRONICLE
Monday, March 1,1943
Per
.■
,
Tariff Act of 1930, the Federal Reserve BanK is now certhe Treasury the buying rate for cable transfers in the different countries jof xne
ior.the week just.passed:
,;XX/ /'.■•/.■/>;x',,.yy/;;■yr>;/ 1930;
X^YXxX';
RATES CERTIFIED BY FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF
X.X; •"
■ •'
FEB. 19 TO FEB..' 25, -1943, INCLUSIVE
■/
•*' y-i.1 X'V:/';'. X>
EXCHANGE
'
.
■
.237044*
Free-i..
.060586*
.051300*
Free—
.909090
Official—
Free
X'/X;/
572200*
Colombia, peso——;
—
X .900089
;X/X:"
.572200*
.572200*
4.035000
4.035000
Holiday
/XXX:'
.301215
Uruguay, peso—
.658300*
.528050*
Sinking Fund
and
ing tenders, and the page number gives the location
which the details were given in the "Chronicle."
>.
and Issue—
.
series A 5 '/<• bonds, due
series B 4"A bonds, due
Gulf & West Indies SS Lines—
1st
consol.
mtge.
1st
consol.
mtge.
Atlantic
Ohio RR.—
1st
mortgage
437
due
4s,
*
//y?'
_Mar 20 XX
-
—Mar 20
1959-—^
*
.1 v i
Mar 20
/*
:__Mar 20 y//, ,■
2000———Mar 20
mortgage 5s, series F, due 1996—
Mar 20
notes, due 1944———.
———Mar 20 >
due 1995_—
series C, due 1995—_
Ref. & gen. mortgage 6s,
mortgage 5s, series D, due
& gen.
Ref.
& gen.
Ref.
4%
Secured
Southern
*
„
*.
*
*
*
■
Ohio
&
Rochester
Buffalo
1st 5s,
Charlotte RR.
&
Carey
due
&
due 1957
—
—
—Mar
Buffalo & Susquehanna RR. Corp. 1st 4s, due 1963—Mar
Cincinnati Indianapolis & Western RR.
1st 5s, due
4V2s,
West
*
Virginia & Pittsburgh RR., 1st 4s, due 1990—Mar 20
1st 4s, due 1995—Mar 20
1st 4s, due 1998———.——Mar 20
Burlington Mills Corp., $2.75 cumul. conv. pfd. stock—Mar
1
• 438
Central Illinois Electric & Gas Co.—
1
'
' '
3Ms c/c debentures, due 1943-1944—
Mar 1
519
Central Indiana Gas Co., ref. & impr. mtge. 5% bonds,
X/y:/X'-J
due 1957
——;
—Mar. 1
*2096
Charleston Transit Co. gen. mtge. & adjust bonds dated
1932
———Mar 4
*
*
Citizens Water Co. of Scottdale, 1st 5s, due 1953_—— -Mar 10
601
Cleveland Tractor Co., 5 % debentures, due 1945——Mar 15
601
Community Public Service Co.
1st mtge. 4% bonds-t
J •; due 1964
Li-Mar 1
439
Allegheny & Western Ry.
•
.
——
-
—
Congregation of St. Anthony of Padua Roman
1951
1st
&
ref.
21m,
mtge.
2V2
—————
Catholic
& 3'A
:
l
*
in this issue.
519
520
Cumberland County Power & Light Co.—
1
72128
1
1
Eastern Corp. 1st mtge. conv. 5% bonds, due 1953—-Feb 26
Finance Co. of America at Baltimore-—
4'A notes, due 1947
—;
—
-Mar 10
Florida Public Service Co., 1st 4s, series C, due 1955—Mar 15
Gar Wood Industries, Inc., 5'A preferred stock—Mar
1
Gas Co. of New Mexico 1st 6y2s, due 1944
—Mar 15
Ginn & Co., 15-yr. 5% debentures, due 1957——-Apr
1
Goodrich (B. F.) Co., 1st mtg;e. 4V4S, due 1956—
Mar 15
Grand Lodge of the State of Louisiana (Free and Ac¬
cepted Masons) ref. mtge. bonds dated 1935 i
Mar 1
Graton & Knight Co., 1st 4%s, due 1951
—Mar 1
Great Northern Power Co., 1st mtge. 5s, due 1950—-Mar 11
H. & G. Realty Co. (Miniger Bldg.)—
1st mtge. & leasehold bonds, dated 1924—
Mar 31
International
Paper Co. ref. mtge. 67e
bds., ser. A,
*
520
;'. : *
mortgage 4% bonds, due 1960
;
Apr
Inc., preferred stock
--Apr
East Greenwich Water Supply Co., 1st mtge. 4s, ser. A_Mar
1st
Davenport Hosiery Mills,
-
due
1955
—Mar
—
—
1
bonds
—
Apr
6
series A, due 1945—Mar 15
due 1956
Mar 1
Kentucky Hotel, Inc., gen. mtge. 6 %
Keokuk Electric Co.
1st
mtge. 6s,
Lebanon Gas & Fuel Co.
1st mtge. 5s,
552
603
553
72130
728
603
*
553
603
603
474
641
*
166
/
Towel
City
Aug 1
5% income debentures, due 1948_Mar 1
1st ref. mtge. bonds, due 1950—Mar 10
Metropolitan Edison Co., 1st mtge. 4J/2S, ser. D, due 1968-Mar 1
Minnesota Transfer Ry. 1st mtge. 33/4'/«> bonds, due 1956_Mar
1
1st
Lincoln Mortgage Co.,
Los Angeles Pacific Co.,
National
Distillers
—Mar
314 % sinking fund debentures—
10-year convertible 3V2% debentures——-
National Grocers Co., Ltd., 4'/<>
bonds dated Oct.
1, 1935-
1st mtge.
(closed)
——Mar
serial
—Apr
National Light & Power Co., Ltd.—
V
6% 1st mtge. s. f. gold bonds, ser. A, dated May 1, 1930_Apr
6% 1st mtge. s. f. bonds, ser. B, dated May 1, 1930—Apr
Northwestern Barb Wire Co. 1st mtge.
bonds, due
——
.
6%
preferred stock—
Oklahoma Natural Gas
1
1
476
*
1
——
476
476
*
we
X Then
current week.
1
1
476
476
1
—Mar 15
557
643
and
Co.—
ing bonds dated July 1,
Ozark
1st
Power
&
mortgage
Pacific Electric
1935
1
557
;'; 7(4
interest bear¬
-
Feb 23
*
s.
f. 5(4
bonds, due 1952—
1
Ry.^ref. mtge. ser. A bonds,
1
557
1961—Mar 10 rr. 644
'••
'3-12
XX
3-
common_/:i:/_i_/ii_
ji
3-20
,
(quar.)XXX_rXXi—75c
(interim) _^X_t"/'
50c
Co.
(quar.
Baking,
$1.75
/I
(irregular)•
common
50c
$2.50
preferred
Consoldiated
'
week are:
Quarterly
Alabama
Power
Co.,
preferred
$6
pfd.
$5
3-31
!
Allied
Chemical &
Allied
Products Corp.
Class
Dye
(Chicago)
&
of
of
because
1
44-
'3-31
3-31
'3-9
3-31
3- 9
4-1
3-10*
4- 1/ 3-10*
x
4-1
$1
9-24-41
5%
preferred
American
5%
Cable, common—
L
Export Lines,
preferred
(Texas)
American
Locomotive 7%
American
Machine
American
4%%
Lines
States
Insurance
Quarterly
Sumatra
American
Tobacco
Anaconda
Copper
Andes Copper
Arnold
Tobacco
Co..
Constable
preferred
Atlantic
:
1.
;
;_
(quar.)
Inc
Greek
Ltd.,
RR.
class A
(quar.)
Bell
(quar.)
Telephone of Canada
& Light,
5(4
preferred
(quar.):
Brewer
(C.)
& Co
5-
2-27
4-
/X
1
-
3-
5
7$2
4-15
>
3-31
/; 2-27
4-
1
3-15
3-31
40c
332-
-
1
$1
-
-
1
$l'/4
——
$1.50
—__
'
X
2-27
3-10
3-15
75c
50cv
-
3-
2
3-
$1V4
I'..
2-20
1-23
■
-
3-15
2-20
1-
& Stratton
.
2-19
8-1'
26y4c
-
Storage
7(4
Inc,
class
B
.'
1
2-18
-4-
1
<:•■. 3-19
3-15
■
,
■
4-1
3-15
4-.1
3-15
.
./X _;X.1X', -XX'X" X X'/-/ X:;
X7, • • X / X3-15 r /-
$lVa
__X-----.--^_;X. $1%
4-15
4f
/,;
•
' "«
31
3-1
3-31
3-31
$1'/e
4-, 1
50c
3-31
3-10
(quar,)._.^____X.v $1(4,
pfd.
X
Emerson Drug Co.,1.com.
1
2-27
3-15
3-10
4- *1
4-..1..
1
4-15
3-f 1
10c
3-10
2-27
3- 5
1
(quar.)
Battery
3-
*
4»'1'X 3-15
10c "
;
.
:
class A
(quar.-)-«---_-XX----25c
•
8-10 <•
3-10
25c
(quar.)
3-15
.
3- 1
3- 1
preferred
(quar.)
Corporation
Truck
Works
Fund
Fireman's
Gas
Co.
-
_____;X
;___
(quar.)
Indemnity
(quar.)_
class
10c„.
15c
60c
X.L.
(Canada)
65c/..
25c
______________
Corp.—_1__,,___^____XX.,
Co.
Motor
Class
,
;25c
725c
A___
,725c.
B
Foster Wheeler
Corp., -$7 pfd.
(Robert)
Gamewell
-
Extra
General
3-16
3-16
3-15
3-10
...
:
3-20
3-1
,3-15
"3- 5
3-5
3- 8
3-27
X 3-27,
3- 8
3-15,
4- 1
$7
X.4-.1
30c
50c
4- 1
3- 9
(quar.)_
12J/2c
3-15
3- 8
12X2C
3-15
3- 8
—__
68%C
3-15
3- 8
3-10
—_______/
preferred
Co.
(qtiar.)___
common
■
preferred
Box
3-16
—_______
Co., 6(4
Gaylord Container Corp.,
5% (4
:
4- 1
4- 1
3-15
3-31
3-15
3-15
$1%
(quar.)
$7,, preferred (accum.)
Gair
4-1
(quar.)__„__u_/:LX:Z^X':;:$I.37%'X^"4-"T'
.(quar.)_____r__:__l_____l_X"'
$1.50
4/ 1
(Canada) class A jquar.)__ ■ ; 762c
3.-15
Motor
Ford
$1V4
preferred
preferred
Foote-Burt
• -
(qitar.)X___
3-10
8 7 Vi> C '1
—
.
$4% pfd. .(quar.).__ X_.
(Texas)
Federal Water &
3-23
75C
2-25
4-1
25c
___/ :,
Trust, Ltd.
(Del.) 674 preferred (quar.)
Federal Screw
5
3-15
,
2-25
3-10
X,X /XX $ 1 %
(irreg.)_X |$1,27%
preferred AXquarjX-
Federal
3-15
1
4-
3-
3-15
1'X'X
3-
$1%
Investment
Ex-Cell-O
2-17
t
3-1
/
75c
(.quar.V_X___L.__
Mfg. Co.X___,
Lead Common__l____
Corp.,
$6
2-27
1
4-
——
Corp
——'
Brookljm Telegraph & Messenger (quar.)
Brown-Forman Distillers, $6 pfd,, (accumO j.
3-15
-
75c
common-_X_X____„__XX--X
Co.,
English Electric
4-5
3-15
$1"
—_
common
-
,
.
.X $$31/8/.
(quar.)___;
Paso Electric
"-$5%
:
-—■%.
3-15'
3-15
3-15
_
3- 8
.
3-20
25c
■
1
50c
—I
(quar.U
.
1
:
Engineers Public Service $5 pfd.
3-5
-
3-31
3-15
725C1
(interim) —_
(Irregular) 4——■
Birmingham Gas, $3.50 prior pfdj (quar.)—
Black & Decker Mfg. Co. (quar.)I^
Power
3-18
;
3-20
X 3-15
*
(quar.)X--50C' / ,4-vL '...>3-15
Empire & Bay States Telephone—
X/X/X X/
//
.4(4 guaranteed (quar.)z_
$1
3-1 / 2-18
9
$i;.
Aviation Corp.
Hills
3-
3-13
4- 6
$1
preferred
8(4
1
3-23
3- 1
4- I XX 3-15
87 %c
Electric
Common
9
10c,
,
•
—4
|
.
(accum,.)J
Electromaster,
3-10
1
3-
$1.50 1
'
Packing
4-
$1
i—
v.t.c.
3-
3-15
10c
tVA 1
—
Bldg.,
(s-a) _X_.
common
Co.
Corp.
Electric
3-15
3-15
' 3- 5
-
1
4-
,X'X725c /X 3-31
(quar.)___
preferred
7(4
El
■/
X
—
Balfour
3-
1
3-29
12y2C
___'
4- 1
50c —" 3-24 '
25c /X 4- 1
'
*/
(quar.)-*.
3-12
8-12
X 3- 5
" 3-26
'3-10
15c
IX:
1
25c :
Corp.
(quar.)
$1%
(quar.)
«$1%. -/'
Ltd., class'A
Paso Electric
El
X;.
3-15
50c
___
.
common
•X
4-
$!%:•
(quar.)—.
—J
pfd.
pr.
(qnar.)_X—_
Electrographic
4-
25c
(irregular)
Baldwin
Beatty Bros.,
3-31
4-15
30C
Refining Co., 4(4 conv. pfd, (quar.)
Co. 6(4 preferred A (quar.)
Beech
9
3-10
4-15
$iy2(
(Indianapolis)—X
pfd.
(quar.)
3-
3-30;
$l'/a
(quar.)i
Mining
Ashland Oil & Refining
5%
6%
Mining
3-23
25c 1
2-27
jl - X:
4r
,'. 4- I f "
3- 1
Economic
1
:
,
;
American
3-
$1%-*:
•
$1.25
■
X/X
15c
1%
Corp
Motor: Cat
T
Power
6/4
3-15
3-30
(Irregular)/_XXv V:/25C- )' 3-15
Eastern Massachusetts .Street Ry.—. _;/ //
674 1st preferred (accum.)
3-15
3-31
•
3-10
X
preferred
preferred
class A
Service,
8
3-10
50c
___
(irregular)—
convertible
American
5-
3-15
/
75c
—X
(irregular)
(accum.)— __
pfd.
Metals
Rolling Mill—
American
5-15
'
25c
(quar.)-
—
Laundry Machinery
American
American President
1
X
.
Steamship
&
2
50c
$1%
American General Insurance
•
■"
t
.
_
,
3-
3-15
3-13
•
common.i———
2
3-
$1X4
—
(quar.)_„
American-Hawaiian
3-15
50c
•
——
(quar.)
3-
7$4
.$-1 Vt
'
l-X'. 3-15 X
4-
(quar.)_______J__________r. 'X/- $1V2
Eastern Gas & Fuel Associates—
X
4% (4 prior preferred (quar.)
$1.12»/«
6/4 preferred (accum.)
/
75c
.
American Chain &
_X
3-15
:
4- 1
'
"X
^
(quar.)X_i^X_^jX_
Fibre
Michigan RR.
Eagle-Picher
■
3-10
1
4- 1
90c
$1%
Elec.
3-26
/
4-
3-30
Duncan
i•
4
/ :5- IX
Corp., connnon^___/_/____I__;/ 12V2C
preferred _„X__
'/„'•/. 5 5c
774
•
/
.
25c
X Draper
'X 3-25
2-26-43
$1..
>3-14
4- I;
,
—3-31
Dobeckmun
|X3- 9
3-15
4-15
3-31
Stores
6*4
3-9
1
1
5
'
3-15
T;X
.
(accum.)/
pfd.
$4%
&
preferred
Diana
3-19
"4-1J"
25c
Co.
Pwr.
&
& Gravel-—
preferred
preferred
7/4.
/
3-12
.,/' 3-15//
4- 1
..4c
_Xz$l'/4'
Electric: (quar.)____________
Frere,
Diamond
Duke
•X/
_—_•
DeHavilland Aircraft of Canada-—
V..
deferred,
was'
court order.
3-
3-20
43 %C
common—::. '
dividend
8 %
3-8
50c
—_
Foundry Co.,
this
4-16 X
4-
&
Dayton &
3-12
com.
David
,
3-12
$1% /
(quar.)—_———
(quar.)
Car
Payment
■X
1,
1: I,
:
Lgt.
(quar.)
Motors
preferred
Extra
3-15
4-
$3
Amalgamated Trust & Savings Bank
American
:.
4-
:
(increased quar.)
(quar.)——-——-————
A
1
/V
•/>' 3- 3 X
$iy2
-
_<
5-
3-19
:
$1%
——_—
preferred (quar.) —_—
Alabama & Vicksburg Ry. (s-a)
1
"3-10
' 3-3 5
_
Publishing (quar.)
Hosiery Mills, common
Davenport
/ .X7'/4
1 j
3-25
.
(quar.)
Gas
Continental
;
Holders
4- 1
$1X4 V
(quar.)—
(quar.)—
$7
•'
75c,
Elec,
Power,
preferred
Continental
,
3-10
3-19
"X
Crowell-Collier
3-15
35c
..
—_—J—
'
4-
,,
convertible
Cornell-Dubilier
When
37 V2C
Gas
Continental-Diamond
Payable, of Rcc.
,
$5
3-
'X .'3-25 X.
X 4- 1
',4-< 1 Xx
'v "4-"l' /
.
(accum.)„___Z__XX_X_/_-_X_XX
common ;
Consumers
'•/ v
3-18
3-31
Industries-—
Consolidated Sand
XX; 7(4
3-10
3^1$
4-rl/X/
-
x /. ' 4% (4. preferred B 1 quar.)_j $ 1.12%
//
4% preferred C (quar.)____'/_'______X
•
$1.00
:
Per
share
Name of Company
; ■; v:'.
,
Aero Supply Mfg., $l'/2 class A (quar.)——
Aetna Ball Bearing Mfg.
(iiregular)
Agricultural Insurance (Watertown, N. Y.) —
..;.
-
,
\
(Bait.)
/.
X.
(Inciianapclis)-t)
(quar.)r__;_-_„i___.___-__._-„_
Film
preferred
$2
3-20
■
/ 3-10
(quar.)
Consolidated Edison of New York-—
$5
X
.
X. Zr
■■ ■
' $1 V<\ /\ 3-31 ..XX" 3-15
Shoe Machinery, common" v.t:c._j;/^xX ,X
15c XXX 3-15 X ;2-26
convertible preferred; (quar.), r82%p"
3-15
,2-26
Loan Co.
X . 5 %, preferred
/
2-15
/- -3-10
1
4?
5' :-
3-
*
3-20
.
X $1.75
4-10
;
1
Mines
Corp/ (resumed)25c
preferred
-
3-20
-3-20
4-20' :
-
50c
Co.' (quar.)_L___vi_l^_
! l$c
Co._-/_:_u._]ih'50c
Coal
Commonwealth
.
The dividends announced this
Briggs
—Mar
'■
(quar.):>-/$1%
Stamping
Columbia
t
Jin..volume.'.156.
declared.
Boott Mills (quar.)
Water Co.—
(quar;)iL'i^;X$l V*
'
•
Apr
—
Ry.'-
'
.3-20
3-31./
Cluett Peabody Corp.'common
Department" in the week when
News
Investment
Black
1st mortgage 3%*, series B, due 1955
Olive Hotel Property, Inc., ref. 1st mtge.
Ohio
5 «,
3-20
3- l
3-31
3^31
$iy2
Light, .$6 pfd.
3-
XX2-15 X/ 2-ld
i5c
'.$1%,...
i
(quar.) --______i__i-__i.____
Clorox Chemical
follow with a second table in
we
'
3-31
-v
3-10
Molybdenum Co._^__
;'
30c
Extra /_/___!_:—20c
■
previously announced/ but
paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
Bendix
Mar
4-30
Climax
which have not yet been
Beech-Nut
477
&
Co.
Controller
Clinchfield
show the dividends
we
Basic Refractories,
■■
——Mar 22
—
Nova Scotia Light & Power Co., Ltd.—
1st mortgage 4s, due 1957_.
——
Ohio Oil Co..
641
Products Corp.—
7-year
1945
12040
554
Auto
Clark
\
V.;
l
3-12
3-31
(inter.) X. /J.3c. v -4-15
Shaft_'_____XX/lXl/^_i_X^_ ■■;/.:X $1 '/ 3-30
Flexible
preferred
$7
grouped in two separate tables.
are
4-
X
4-30
25c
•
Co.-(interim)
Power
Chicago
In the
bring together all :the dividends announced the
Dividends
.'
Valley Coal Co.—
and ref. mtge. 5% bonds, due 1944
Lehigh
*
'
/
:
(quar.)__
Light Heat
(Beaver, Colo,)' $5.50
Clinchfield &
Consolidated
,
1
1 X
i
•
—
bonds, due
—_Mar
Consolidated Title Corp.—
'
Collat. trust 6% s. f. income bonds, due 1951—_.—Mar
Cudahy Packing Co., 1st mtge. 33/4S, ser. A, due 1955—Mar
Church
pfd.
(quar.)
Chicago
.
DIVIDENDS
—
—
preferred
Compo
which
Cleveland Terminal & Valley RR.
1
7$1V4
-'
..3-5
1
.XX
*
\
8"4
Chesterville Larder Lake Gold
/
first
„Mar 20
1965
5A-
t$ 114
(quar.)
Products__l-______l_.____„_:__
Central Ohio
1st mtge. 5s, due
*
20
20
4- 1
i$2
.
•Announcement
3-15
,
< quar. )
Carpenter' Steel
•'.
—:——
1956
3-15
1
770c
.
(Philip) Mfg. common rirreg.)
preferred (quar.)
Z
,5(4
6(4
Mar 20
due 1949
1st 5s, due 1950——Mar 20
Pittsburgh Ry. consol. mtge.
RR.
Little Kanawha
(interim)"___l "
(quar.t
Ltd./class A
Capital Life Insurance
•
Lincoln Park
City
Carolina
line
pipe
mtge.
1st
Gas- Co.,
Natural
-4-
'..Apr 1
'$1 participating preferred (quar.); 25c
1948——Mar lj
646
Participating^•••. :X"/50c XUnited Electric Rys. Co.—
7.-vv.,'X'Xv
Commercial Alcohols, Ltd.,' common
(quar,), * *' • 75c ^
Gen. & ref. mtge. bonds, series A, due 1951_L—_„Mar 10 ,
736
v,
8 (4 -preferred (quar:)i 10c
Gen. & ref. mtge. 4'4 bonds, series B, due" I951_'i„-Mar lO (
'( 736
Commercial Credit Co. common (quar.)ZX:7'XX 75c
Walworth Co. 20-yr. 6%
debentures, due 1955_:_^——Apr'-'l 1;
J1872 /;XX $4.25 convertible pieferred (quar.')/ZZLaiX/$1.06t4
Western Massachusetts Theatres, Inc., 1st & ref.^mtge.
vV.
> .
Commercial Investment Trust, com.
(quar.);X
75c
6% bonds, series A, due 1959—J—-Mar
l j : ; 480 XX 4$4.25 convertible preferred (quar."$1.06%X:'i
West Kootenay Power & Light Co.,j 1st mtge. 4s, ser. A—Mar 1 ]560
Commonwealth
Investment (Del.)
iquar,)"_iX
bonds,
X-> *
20
& gen. mortgage 5s, series A,
Ref,
V:
1
Mar 20
20
—
Division
; 59D
Virginia System.- 4s, due
1951
Toledo-Cincinnati
J2303
Strawbridge & Clothier,
4s, due 1948———
———Mar
Division 5s. due 1950——————-Mar
Pittsburgh Lake Erie & West
598
"
,
due 1948———————
mortgage 5s,
1st
Southwestern
.
*
1
———_Mar
F.) & Sons Co., 5% notes, due June 1, 1947—Apr
Baltimore &
*
\i ';.
...
capital stock
Automatic Products Corp.,
(B.
1
1
—Mar 10
Refineries, Ltd., 4% bonds due 1951
Mar 1'
Atlantic Sugar
Avery
-
1943——Mar
1943__—„Mar
collateral trust bonds, due 1959—
51A
"
~
'
' 4- l
>
Oil,
$1 XX 3-J5r 7
'preferred'/(quar.)-X-/■ $i% 5 ! 3-31 X
.
'
?i
Canfield
1 '.733
..
Page
Date
>
Great Southern RR.—
Alabama
preferred
Capital
645
3-15
3-15
..
.
,i:$l %
4-15 /
3-31
i$2 / 4- l
3-19
Canadian Western Natural Gas,
X/,v/.7"X:Xz. •//& Power Co., Ltd., 6(4 pfd.
(quar.) _i.7_.__
7$lVa
3- 1
' 2-15
Canadian Wirebound Boxes, class A (accum.)'/" / 750C t / J- I 'i-4. 3-10
/■
lj ; • 558
Reliance Steel Corp., $1.50 preference stock—————_Mar M i,? < 558
Republic Steel Corp., purchase mpney 1st mtge.- conv..
:
W-to. bonds,, due 1954—
—_May- l|
734
Richmond Term. Ry., 1st mtge. 3%% bonds, due 1965—Mar
1|' ; ' 558
Ritchie Cut-Stone Co., Ltd., 1st mtge. CVaS, due 1948—Mar
lj
171
Rochester & Lake Ontario Water Co., 1st 5S, due 1951—Mar
1 j;}
558
Roman Catholic Episcopal Corp. of the Diocese of Loni;:
*
don (Ont.) 1st mtge. bonds, series A, due 1954—:__T„_Mar
lj X' 558
St. Joseph's Abbey bonds, due 1943-1955————Mar' 1 Vf
*
Sayre Electric Co., 1st mtge. 5s, due 1947—~.Apr! j.r734
Scullin. Steel Co., bonds, due 1951————Apr>. 1} :;:^,734
Seitz Theater Co., 1st mtge. 6s, due Sept. 1, 1943__—^.-Mar , 1 i
734
Electric
(quar.)_._________r_X_j--'—--^-7' /
Class B'
7(4/
Page
3-19
1
(4 pfd. ('accum. |.: :'; t) 744c
4710 X 3-20
rquar.)__lL':i_;lJ
* i$l
r4- 1
3-5
:'/v 4$2 ', '/'4- 1//: 3- 5""
Investment
Canadian Oil Cos., Ltd.
Reliance
in
Industries,
/;■"
/:
:
'VI
4-5% % bonds, due 1948—-—.-J————i—-Apr
Mfg. Co., preferred stock
-.1———Apr
called under sinking fund provisions.
indicates the redemption or last date for mak¬
those
General
Canadian
1' '. 477
1, !
557
f Leasehold mtge. 5 V2 % bonds, due 1949———.——Mar
Public Utilities Consolidated Corp.-— •
'.-IV ■
stocks called for redemption,
common
Canadian
3-19
?'76c '',4-1/ ..3-15'"'
(quar.7$1 '/a
Foreign
■
Gas & Electric Co. 1st lien & ref. mtge..-'v';y;;(^|.'riv-^;.
series A S'/aS s. f. gold bonds, dated Sept. 1, 1925—Maf: 1 •
477 /
Postal Service Bldg. Corp,, Baltimore Parcel Post Station—
s
corporate bonds, notes,
common
.
S'.".
©nte >
,
Cottons
Canadian
Pennsylvania
Notices
be found a list of
Shoals Power
Parr
j
1st preferred stock
Apr
Co., 1st mtge. 5s, due 1952-—-i-L—Apr
Inc.,
Paramount Pictures,
Car & Foundry^ 7
4X
■
(quar,) '' T ' 7l5c
—Z—t5c
XX- / Extra
■V:;/"'6(4- preferred
'.528050*
.528050*
.
rate
Below will
Company
.
■
Company and Issue—
The date
>
715c
•;
(quari)7~--^XX:^.L:L__;-^.X:T''7'25c
1st1 pref,
-
Participating
,'658300*
.658300*
.658300*:
.528050*
v
Canadian
31980000
-- -
[ion Calls and
including
3.980000
X
Canadian
3,244203i
/•'"
i<>!
4-26
<quar.T/L'v
Power/ common
/( 60c non-cum. convertible: preferred
:
3.980000
■?
.
"3-15
•: V ,';
'
4-
Cahners,
Participating
•
1898125
,
3.244203
.528025*
Noncontrolled—L^s
I
J1909090
.898125
,
3.244203
3.980000
;
/
/
.658300*
Controlled
/; 5,(4
,1301215
i.205725
C;
.909090
.909090
3.244203
3.980000
.205725'
X .897708
.897708 Z
'XX
3.244203
pound————
Union of South Africa, pound
;•/
41035000
■.301215
preferred
Canadian
/X'' /'! r/lA
.909090
.909090
New Zealand,
X
7,(4
V'
•t5722 00*
r"
..
(qua^'li—— -^'•;:-'r7$l%Vf"/"4-15
common
(quar;r_il:'/,:7Xf'?'7l2Vac
4-1
Canada "Northern
v
,900625
.572200*
.
.205725
.897500
preferred
■
|909090
V
4.035000
.301215
.205725
.301215
dollar—
Nominal
(
,
.900312
; .205725 '/X;:/
peso—___;———LLy——
Official
"
.909090
4-15
,
*
-
u
3-13
r
.
'
3-19
X
;
.
Quarterly''S-lS ! < '3- 6
'25c1 (" 3-13
X3- 2
pfd. (quar.7$1%
4r l ' : 3-15
674 preferred
(qUar.)_:.:___—i;_n::i:62 V2CX
4- 1
3-15
Canada---Bud f Breweries '(reduoed)lTL.^._L:::—Xi, "/"710c r,
l;X//'3-i5j..
Canada Cement Co., Ltd., 6!/2(4' pfd. '(quar.l .' iSl'/,
S-20
2-25
Canada Malting Co., Ltd., registered (quar:)"/ /" $50c
3-15
2-27
Bearer shares
(qiiftr.)/'_:///u'J:v—_•/—$50c '3-15 ,—' '
;
£060586*
'
Wyant•'& Cannon
Canada Bread Co.,'Ltd., 6(4
!"•
'<051275*
.051275*
.909090
.900156
4.035000
England, pound sterling
India (British), rupee
Newfoundland,
.051275*
.909090
.900000
—
Mexico,
>051275*
^/
X/^,'i060566*/
.060586*
XXXX./X/
;r'X-X>,Z X"
>/;
Canada, dollar—
.060586*
X/X
3-10
4-1
'
Campbell
.1237044*
3.228000
3-26
:
Calumet & Hecla Consolidated Copper--;
/
3.228000
w
.V
;/
! 297.733*
.237044*
3- 1
4- L
4«..-1
X'
Calgary & Edmonton Corp. (interim)
X.
J 75c
Cambria'Iron (s-a)
L'j—*'$1
'f/X*/.••',
Brazil, cruzeiroOfficial
;_iZ~.LLL
'.
....
3.228000
3.228000
3.228000
pound
Australia,
.237044*
,
$ X.
.297733*.
.237044*'
2-15
2-27-
3-llX,:
$1.8083
thereon.'
1942 and interest
1,
ojt Ma?
-
3-10
•<
55c
:
tioiaere
3- 1
:75c\
'
M.)
due Aug.
;.-
vFeb. 25
V/VV.
$
,297733*
Payable
5c
Co,,- 7(,« preferred (aocum.)I"
Representing the quarterly dividend of $1.75
(,
1
(A.
Byers
-
-
■•f
Feb. 24
,
.297733*
'//
.297733*
OfllciaL—■
Z/'X'
/X
//X$
Argentina, peso—
Feb/23
Feb. 22
Feb.20
/'"/X/
Feb. 19
/.XXX/X'
Value In United States Money
'••■7
»
1
York
Buying Rate lor Cable Transfers In New
Noon
Unit
Country and Monetary
When
tiiare
><■
Co
Burkart mF.) "Mfg.,- $2.20 preferredBush Terminal Bldgs.; 7(4 pfd.; (aocum.)
,
.
,
Mfg.
v' Brown it. Sharpe Mfg., (quar;-), $1%--'
.rX,,Bui^es&v; Battery,L(irregular):-XiX_il^-_X_ll'50c
tifying daily to the Secretary of
world.
We give below a record
FOREIGN
Name of Company
■
Brown-McLaren
requirements of Section 522 of the
Pursuant to the
...•
■
Foreign Exchange Rates
Co.
(quar.)
(quar.)__—
General,Fire Extinguisher/.
__•
/_!—___—_Lf
lV2c
25c'•
4- 1
3-15
•
3-17
3-2
3-15 ' •' ^-26
X
/'
Volume
Number 4155
157
v.V:
PerWhen
General
■>'
*
\:Naific opCompany '<
share
-common—""...;—Z"
fl reproofing' Co.,
1
4-
.•
•
preferred- (quar-.)—•
■/ • SI %• ;,„V 4- 1
Mills, In<v 5&..
85c
3-15-..
General Precision Equipment' -Corp.- (quar.) _'••
4-1
...v
25c
General Railway Signal common--.:.--.j^4-1
$1:50
Of preferred
General Trust Co. of Canada (Montreal)—
♦
"4-15- '
Ndn-cuin: preference (qiiar.)
\ '■■mw
■
3-
Glen
40c
Aldfcir 'Coal
Glens
Falls
Globe
Steel
;
Insurance
25 c
Co.-__i_i.a.-_-5ii-'--—t-'
Tube
Globe-Wernicke 7% preferred - (quar;f "xx—x'
Godcliaux Sugars, Class A -(quar, j-i.___-.i_l-'"
f^uar.)'
$7 preferred
*,
Gold
Stock
&
Goodman
Green
•
:
3-
1
3? 15
WRre
Shoals
t$l
3-15
2-27
3-15
2-27
Warner
40c
3-30
3-19
Warren
25c
'
-
7>
Waukesha
2-15
Western
3-
1
2-15
Register.xi._4_-._4_4.44__..
Cash
25c
4-15
3-30
Weston
(George), Ltd. (quar.).___._
Wheeling Steel Cbrp., common
25c
3-15
2-26
$5
12V2C
3-31
3-12
Winter
4-16
Wiser
common
(quar.)
(quar.)
-
6 f. preferred <■;(quar.) __i—44—
National
Refining
Steel
5-
$1.50
1
Motor
conv.
&
Oil
Co.
3-15
3-
f 50C
4-15
3-15
Wood
(Alani
4-15
3-15
Woolf
Brothers,
$l'/4
3-
2-20
$iva
4-
Nciman-Marcus, 5 f preferred (quar.)
New. Jersey Power & Light $6 pfd. (quar.)..
.
•
3-id
"3^31 <'
43%c
Haclcensack Water 1% pfd. A (quar.)"—/:""
).-! 3-' 5 >
25c
3-20 :
(W. P. i- Printing .-(quar.)
3-26
Harrisbui-g Steel ■'
"/".ix," " .if 30c
-I'; I* 3-12
'<}■■>'
*V
Hatfield-Campbell Creek Goal
3-20
15c
■'A- 1 ;
5f.:prior' preferred '
3-20
4-1
>; 5%'/ non-ciirri. participating^' preferred':.-I1/*,
2-25/
Hawaiian
Agricultural Co.
V.30C- »• 3-4
Niles-Bement-Pond
"
Northern'
Hall
States
Co.
(Wise.),
5f
pfd.
3-
5
3-
4
1
3-15
1
3-15
2fc
3-20
3-15
x_j.____.__
420c
;
&
1
3-
'
5
3-
3-24
3
$iy*
4-
1
35c
3-
1
2-20
.„___/_____:____x_x
25c
4-
1
3-11
15c
Steel,
4-
1
3-11
II
$1%
3-20
3-10
$laV
3-
7f
7'//
pfd.
1 accum.)
preferred
Lothrop,
preferred
4-
25c
1
3-15
(quar,)
common
(quar.).
1
2-19
50c
(ctfs. of
bene,
3-29
3-17
$ 13/*
(quar,)^___
World Investment Trust
3-12
3-2.9
3-17
6c
3-
1
$14
4-
1
$12
4-
1
int.)
2-24
Worthington Pump & Machinery Corp.—
3-
1
2-22
7 f
preferred
A
(accum)
:tf
r
V*
x
(Caf.)
& Guarantee
7'v
1
4-
4-
25c
_x
Woodward
1
-
$iy*
Oakland Title Insurance
1
3-15
50c
14-4.
___14:
Power
-
1
(s-a)_
tquar.)
Extra
$1V2
4-
25c
$iy2
x
prior preferred (quar.)
Kirsch, If pfd. (quar.
pfd. (accum.) 1
3
(quar.l.
Exploration
(quar.)444^/^4.44"
$6- pr.
Corp.
Co.
Oil «fe Snowdrift, common
Virginia Water Service, $6 pfd. (quar.)
$$1.00
Co.,
Oar
t
-3t20
3-17
1
—
5c
3-15;
3-26
3-
National
4-i 1
25c
10c
1
Lead
4-1"
D.)
(quar;)_4'^44->._4'_t.-rt^
Co,
'National
4- 1
5
2-26
Wesson
Casualty Co.. (Detroit)
3-
3-
3-11
West
National
/,
5
3-15
40c
4
2.
3-31
3-
$).?;
x_x.„,
5
...
3-15
1
Co
4
(quar.).-
3-15
50c
,
(quar.)___^.„__x
Swasey
(S.
2-27
4-
CO.J.
preferred
fie
3-10
25c
(irreg.)
common
3-
preferred
National. Brush
of Rec.
•
3-
•Natfonaf,
"
Mfg.
(quar,i___
3-
3-15
$114
4-
Inc,"
1
'3-31
25c
Svstem,
1
3-31
•
Waldorf
4-
1,4-, 1
-
3-15
4-
-oOc
Greening' (B.) Wire/Co..';i<|oar-.fAv4iVi^r-V.4
1
Holderi
Payable
20c
3-25
"3-18
1
4-
When
lhare
Company
Sugar Co.--^
f44c
3-18
1
4-
Wailuka
t50c
3-20
,
t'"/
-Nanlt Of
<
•
3-15
t$l3/4
Piston- Ring (irreg.i.-J.
Breweries, Ltd., com. (quar.l;
v.V.; $i'.L>
%x 5c
Co.y 8f preferred
Gulf Oil Corp. Tqdar.)--^T._i^ii-_'_i_ii_'5- •
Gulf Power. $6 preferred (quar,)"x_L"-Z"x_"'-'r
-
7%
3-13-
-
1
•
4-
•
41%
(irregular) x__>"_"_"x""/
Co.
•
iquar.)' t -'$114
Telegraph
Mfg.
4-
•
$f.
'
,
1
•
2-23
3-12
4-
$1.75
-
National
Per
of Rec.
4-
$l.Va
—1
^quar.)
.
Muskegon
3-31
Holdert
$l'/4
common
<quar'.):4.
preferred
(quar.)
i_t
Mueller 'Brass •C0;4___i_'_lLt_—;_t—
7>
811
10c
...
Montreal Cottons;,
8
3-10
•
i
4-.
40C
-
(quar;)""—
3-20
■
When
Payable
(quar.).__x_4__.
64,, preferred
;
3-10
,
preferred
/ .5t«v
3-10*
v
Utilities,- common
Montana-Dakota
3-26
General
>'-i'//4',Hasr*<.of Company
4,
.--3-20,
■
$1%'4-.1
7 f
Per
thare
Holder•
'
Payable,,-of Rec.
v
25c
,
THE COMMERCIAL & FINANCIAL CHRONICLE
.
preferred
B
(accum.)
'
3-20
3-20
•
Helme
common__UC-ii--iI;_
(Geo.- W.) ;Co.,
4-
Hercules
:HcWitt Ritbber Corp.4qiia*,iv&i£4!£^
Home-Fire &
Marine
>.'
4-
1
4-
1
3-10
Sl'/4
4-
1
3-10
4-
1
3-10
3-6
3-6
Ohio: Match
Ohib "Watef
;
1
6V>
"
50c'
common
preferred '.(quar.)"!
-
$1V2
:4_4._„—
.4.'
Co." (irreg.)
._4____4_i_"Service, .class A '(irreg.liiv.liii"
—
''tl $5.50
3-12
prior
preferred
(quar.)4i__i44—4—
Bell
Salt
\ 5
»
•
4-
& Lamson
Machine
Co.:-fquar.) i;iL-i^i'i^
20c
:e
Special
1
3-31
3-15
weeks and not yet paid.
dends announced this
3-31
3-15
Sugar
5 r,e
1
,3-15.
/, 3-15
■
20c
3-15
4-
1
series
-
preferred
pfd.
$5
4-
1
3-
Pfaudler
Exploration
Public Service of New
->
Laundry Co. (quar.l
National Bank & Trust
preferred
preferred
$5
$6
«6.
Kresee
Lehn
«.)•
4-
''
•:
r..
3-15:
3-12
Coal '<'irreg.-)
3-
•
...2-27
^
4-
>,.
$2
-.
7,f
"
.
I
3-
>•-.
Co.,
5 f: preferred
2-27
7
3-13
Ray-O-Vac
2-20
.
3-
4
5:
1
.•••
common
4-15
RR.
•V Special- guaranteed
■I Special guaranteed
(quar.)-„_xj_4;--.i---i
50c
:
j
.Original
(.
Original
Joint
f. Common'-, (monthly)''
■■(t 8 f
preferred (qua r.)
Aluminium, Ltd.,
•
6-10>
6%
3-
1
3-
5
3-
5
3-
2-18
Aluminum Goods
1
4-
1
3-10
Aluminum
1
3-18
3-15
4-
1
3-
American
:
3-15
2-27
2-27
3-15
>
6f
1
1
25c
3-10
3-
1
3-31
3-15
3-31
3-15
50c
4-
8
5-
1
1
12-10
•••'
3^21
4-
3-22
l
■■
5
<quar.)4_4__i ?'
.
3-31
3-11
-
participating
25c
,..
.2
Participating
x-x-2xc;
.
Lunkenheimer. Co.
Q'/zf
.preferred
preferred
<quar.>j__^-L_7_4__-"___
Maclaren
■
7-
16c
1
3-20
12-24
<R. H.)
-Macy
;
$5
preferred
&
Mahon
C.)
J(R.
Mallory
-Maneel
Razor,
Co.
'&
preferred
,
-
National
Bank
-:(Chicago)
Merriinac
8f
Hat,
common.4
preferred
Machine
Mesta
;
Todd
1
3-
Trico
1
8
.Quarterly
3-6
3-26
•
3-
5
1
3-
1
1
Troy
.
Union
3-16
4-
if
3-20
Union
United-Can-
3-
*
3-20
2-19
2-23
United
-
preferred:
preferred
5Var;
6f
preferred
Mississippi
$7
(quar.)
Power,
$6
preferred-
preferred
pfd,
Modern
common
(quar.)__
5 fV
Mohawk
Monroe
Containers,
preferred
Carpet
Auto
Ltd.
Co.
1
2-18
1
3-20
-Valley
$13.4
4-
1
3-20
$V/a
4-
1
3-15
Vicksburg Shreveport & Pacific ,Ry.
5'Z
preferred (s-a.1
States: .Leather
4-
1
3-15
2-25
7%
3-20
3-
5
7%
3
Bank & Trust Co.
.'//Semi-annually
3-15
Co.,
non-cumulative
Mould •& Iron
;■/
3-19
Common7%
8
Standard
2-20
Victor
4-
1
3-20
1
3-20
Corp. -tirreg.)
Virginia Elec. & Power,
3-
9
3-5
Vulcan-Brown
3410
2-27
Wagner: Electric
Equipment-Co., $1
B
Extra
American
4-
3- a
pfd.
class
(San
2-27
2-20
3-18
3-
8
3-15
3-
1
Archer-Daniels-Midland
'
$2.25
75c
2-
6
3-31
50c
3-20
2-27
4-
".
1
2-20
4-
$1%
(quar.)_
3
3-15
12>4c
•
2
3-
¥
4-15
3-15
3-
1
2-10
2-10
3-
1
25C
4-
1
3-
1
2-10
40c
3-15
2-27
$iy*
8
3-15
3-
3-
1
2-20
4-
I
3-
8
Artloom
4-
1
3-
8
Asbestos Corp.,
25c
3-15
33-
5
3-20
3-
3
tic
3-
50c
3-20;
5
2
3-
1
2-15
3-
3
2-20
3-
1
2-13
$4.64
3-
1
2-15
35c
3-
1
2-18
25C
3-
3
2-
8
6f
7f
■
1st
2nd
Dry Goods
preferred
common
(year-end)
(quar.)
2-19
3-30
3-30
1
1
3-
1
3-
1
50c
7
3-12
3-
1
2-11
$1%
.
4-
$112
__
(quar.)
Atchison Topeka & Santa Fe, common
3-
120c
(quar)
Ltd. (quar.)__
preferred
3-
$1%
$1
(quar.)
preferred
3-15
110c
Corp., 7f
Associated
2-27
3-
6-19
6-19
75c
Co.
convertible preferred
2-18
6
6
$15c
_
5
3-15
if
5
77-
50C
(quar.)
__
8
3-
75c
$2.25
—
(accum.)
Arizona Power, $6 non-cum. pfd.
(irreg.)
Aro Equipment Corp. (increased).
Armstrong Cork common (interim)—.—.___
3-10
3-
-
$3 preferred
$14
-
3-
Zinc Lead & Smelting— ;
$5 convertible prior preferred (accum.)
$2.50
/
50c
(quar.)_-_
Amoskeag Co., common (s-a)__
$4.50 preferred
(s-a)_xx_x—
Anglo-Canadian Telephone, class A
1
$2.50
(resumed>_x—_
2-23
2-15
B..___
Fran.)
3-
50c
(quar.)4_
3-
2-26
1
75c
and
Co.
3-10
434 c
(quar.)
3-31
/ 3-15
(quar.)
common
3-10
3-15
pfd.
15c
20c
American
common
Trust
15C
conv.
3
2-27
$1%
(quar.)t_xv
3-15
30c
(s-a)__
12-
3-20
//
(quar.)
011
Arden Farms,
(quar.)—__
12-15
$1%
25c
I f - pfd.
& Telegraph
15c
common
$6
Petroleums
Uorp.
Class
3-17
3- 8
4
3
■/.
25c
Vinco
4-
3-17
4-
5
6-
9-
xx_.____:
Foundries_________________
Co.,
3-
6-15
9-15
$1.75
American Stores Co
4-
3-15
$1.75
(accum,)
(quar.)
i5c
:■
(irreg.)_.
3-14
4-
-
/ 4-14
Sanitary—
Rolling Mill., commoiu
American Smelting & Refining___xx-_—__x
American Stamping Co. (irregular)
Steel
2-19
4-15
$1.75
American
American
2-19
1
$1.75
(quar.)_
;„___x__x__
____xx_______xXxx-x
preferred
1
3-
'
(quar.)
30c
(irreg.)_____
■ 7%
pr.
pref.
preferred
pfd.
3-
$2
-
77a
3-10
'
■
American Paper Goods Co.
3-15
$1.75
^.Tobacco,
(Chicago)—
1
3-26
25c
preferred
American Nat'l
3-
2-15
$iy2
(quar,)„*y»_xxxxy»x:
preferred
ioc
1
1
1
25c
)
______
T
43-
20C
/
3-
5c
15c
/
"_x__
(quar.)
30c
(quar.) •;.__„4<_4—
?30c
'•
preferred
3-10
$2.30
...
(resumed).—__
States-Graphite Co;
Illinois.
American Radiator &
—
4-
15c
6%
1
10c
3-
soc
1
&
of
American Metal Co., common___x____x__x___
-3-20
4-
95c
Publishers!—"
t$l.37Lj
Mills
Equipment^._x._
Foundry
3-
$1.50
SRi'-
25c
Machine
Tobacco
(quaiv)
(s-a) __"x-Zx
(N. J.)
American
2-18
4.'
(quar,)..
1
/:;
_______x_________xxx___/
3-5
2-18
(quar.)__
4-
.'_Zx_x_
4-
Sl'/a
64
2-1
75c
1
/
2-13*
1
Telephone
3-1
1.
1
3-
Sugar Refining,
3-
(quar. I
Mississippi River Power,
Mission
Oil
(irreg.)
3-
(s-a>
American
United
If
3-18
20C
$1.50
(quar.)
Products .(monthly)
American
United
>
3-31
7-24
3-20
(quar.)..."
3-12
75c
3-10
2-18
States
2-11
1
11-10
1
United
1
4-
4-
1
$1.27'a
3-
25c
preferred
&
convertible
Extra
8
(quar.)_^____x-___/ /
Leather—-
Hide
6%
1
^
Hardware Co.
8-2
4-
...
$3
American
American
11-15
3-
(quar.)
1
(quar.)___._;._-l
2-11
$5
United--.States. Freight
preferred
2-11
1
25c
SI1/*
(quar.).•.•_x.4l_._y
$540
,
fie
1
3-
5
(irreg.)x_____x
2-18
3-
"
;x_x_
3-1
"..444.x,".......
3-15
/;
General Corp., $2 pfd. (quar.);
50c
preferred (quar.),*_x¥ _____._„y»;
62yac
preferred (quar.)
75c
50c
Fastener
8714 c
$2.50
3-
(quar.U_xZx"_—
2-18
5
American
1
3-15
3-15
75C
11-25
3-
9-10
com...
"
8-25
1
1
3-20
4-
1
4-
3-31
624 c
1
1
4-
$1.18%
Co.
1
9-
5
Investment
3-
f
12-
$1 Va
(quar.)
3-1
(quar.)—-
!
2-17
Insurance Co.
3-
9
3-
American
3-31
5-25
3-15
American
3-13
2-
2-25
1
40C
5
3-15
1
1
■
5-10
common
____
"x__„_
American Gas & Electric, common
4% f preferred (quar.)___:
:
8
$2 5c
3-
36-
*>
Sl%
American
:
3-15
3-
$13/*
_____xx__x_~_x
1
5
3-12
4-
Indemnity Co.
3-31
1
4-15
American
3-
4/
3-15
American Home
3-
1214C
'<
common_4.xx_»___x.i"
8-14
Co.,
RR.
Printers
Hoe,
3-15
3-
3-12
(Cine.)
(quar.)___x_xxx—
2-27
1
3-12
1
$13/*Z
3-
Carbon*,.x—4^—_x
Co
Sugar
&
3-31
4-
1
4-
SI3/*
(accumulated)
Fork
preferred
5-15
preferred .(s-a)——
4-
preferred
3-2
4-
15c
:■
(accumulated)"/.uix-vx
Street- Corp. (quar.).__—
preferred
3-
preferred
3-15
4-
3-15
15c
:___xxx.x_x»
1
:
4-12
4-12
(quar.)
25C
(s-a)_.
1
(quar_)
A
25c
,1." $1V*
(quar.)
.5%
7/6'/
Union- Pacific
'
'.
Investment
:
A
preferred
,4
RR.
3
3-12
1
$2V2
$1
soc
:
1
3-
3-31
5-
pfd. A (quar.)__
(quarv)___
A
3-16
50c
:
3-
3-15
15c
Insurance
1
;
&
Fire
4-
(Dallas) (quar.)
;•
Bennington
Carbide
Druggist
4^*
•
3-15
5-
(quar..
3-15
—_
3-20
1
fc
37
(quar.)___„_xj_____x__l_
Envelope Co., 7f
75c
(quar.)xx—
2-15*
4-
25c
3-13
3-15
A
t$l%
—x.
2-15
2-23
1/32
(irregularJ
(quar.)x_-_"__x___
7% preferred (quar.)
American Public Service, 7f pfd.
Forging..
Z
—
Union
2-19
preferred
30c
•
3-17"
1
share
or
(quar.')__xX'_„""xxxxx-x,_x__x_Vxxx./
$14
/
3-
34 %C
cash
stock)
1
30c
/
4-1
'
$8.29
x___
1/64
or
in
t74c
——x
Co.
class B
$1
(quar.)
(quar.)——4—
208. .Sauth-La- Salle
*
2-1-9
4-
«•
Products,
Steel
3-29
7oC
/"■■
$1%
1
$114 '
3-13
3«c
i
3-11
$1,371-2
_x_-___..x——
(payable
preferred
6%
3-13
3-29
of
A
25c
:
Insurance
Williams
.Quarterly..
3-6
3-15
1
3-29
$2
(quar.)—__x
Trin.ity_Universal Insurance
3-15-,
>
.
preferred
Shipyards / Corp.——
3-31
3-
"6214c
$3
&
4-
3-
f
American
3-1
15c
"
3-11
1
Light Corp.—
cash
preferred
$7
2
3-15
$1.13
.
,.
General
3-13.
(quar.);yi._4j:z—r"U$l-->
■
&
stock)
10c
——
—
Tip-Top Tailors, Ltd., common
7f .preferred.- (quar.)___4—
Transue
-3-31.
Mickelbefry's
Food., products,
$2.40
pfd. ,,, >
(quar,)
: •
60c
Midvalc .Company
•
50c
Midwest Rubber Reclaiming, $4 pfd. (quar:)*
$1
Milwaukee Gas Light, If pfd. A (quar.•• $1%
Minneapolis
Gas
Light, . $5 partic. units,
.Thermoid Co.,
Toronto
3-20
3-
2-19
2
4-
"
(resumed)"——
com.
Itic.4'(irregular)_
3-8
$1
-•
25c-.
Co..
3-
Stores
Power
(payable in
7%
$6
3-10
:/
___ __ _
3-1
,
3-22
3-
3-15
■-
1
4-
$iy3
7 f
3-10
■
3-
4-
75C
Annual
'3-13
3-22
(accum.)
(quar.) ————
2nd preferred (resumed)—.
3-31
)
pfd.
3-15
15C
(quar.)
77«
3-13
4-1
3-22
—
—
Tecumseh'. Products
-•
3-15
Brothers
non-cum.
■Talon,
8" ;
2-27
$1 Va
Mergenti^aler Linotype
3-
3-20
3-15
7f
Strawbridge fie Clothier, 5f pfd. (accum.)_
Superior Steel -Corp. (resumed)—/——
'3-20
4-15
.
Mercantile
-:5%
>
>•2-27
.
3-15
3-25
$1.50
(s-a)_
(accum.)
American Felt Co., 8f preferred (quar.)
American & Foreign Power Co.—
2
$1.50
/_■_„—4'"
/; 6 f ■■ preferred
3-10
3-15
.
Mathieson Alkali Works, common_.4
25c
If
preferred
(quar.)..x__.._^^„^____„^ ;$•!.%._
McGraw-Hill Publishing
McKesso'p & Robbins, common^.^iww_i_4^- ;'-50c-'
5'/i f' .preferred
(quar.).___:.___x
$1.31-
;
Sterchi
1
4-15
3-
t$l%
Spencer
1
2-27
3-10
,
7f- preferred
__^4.
-117Vac
Maryland Fund
JJ j." v •" 7c
Massey-Harris Co.^ $1.25
conv.
red. - pfd. ■ :;v,/
(quar.).
^—:^.4—.x,Cuw--"'462^c
,Mastic Asphalt Corp. (quar.)
v.Wy..-. lOc-v
f
3w
*3-
3-15
quar.)" 417!4c
Telegraph
-5
;
2-2<)
62 4 c
Standard Screw
3-12
faecum.Si.lV-
(reduced,
(quar,).-V_-4.'1_L4
com.
Atlantic
fie
3-12
■
3-15 <
20c
$5
1
3-12
25c
$114 '
—;
(irreg.).*4i4ix^ii' 15c'
Co.
1P.. R,)
Stores,
(quar.)—
com.
•4-
50c
3-1
3-15
50c
(quar.).__x./x.../.".._4
preferred
Co.
2-23'
3
50c
common (resumed)
Trask Fund, Inc.
(irreg.)—
Springfield Fire & Marine Insur. (quar.)—_
'
2-27 /
2-25
>
(quar.)15c
Maritime .Teh- fie. Tel.,
•#
'
.^.4,^..^
(quar.)
Magnin ,<1.1
25c
.
Co. ,(quar.)_.—•.
Repeating
Magazine
J44:
i 3-10
$1
preferred'/(quar.)._x4444x'__4_4'—xx—4.
Steel & Iron com. (irreg.)./
preferred
2-15 .,'
'
Co.
2-23'
tl5c
Southern Railway Co.,
;Corp..
75^
conv.' pfd.
4-—'' :;s 3-15
V
(accumulated)
Mackintosh-Hemphill
'4
$6
1
2-18
3
—
(increased)
com.,
class
B
American
;
3-
10c
(quar.)
3
4-
3-
'■
Foundry—
B
class
American
3-10
25c
/
Southern Colorado. Power,
Southern Phosphate Corp
2-27
■.
-
Southern
3-16
3-, 8
$5
Co;; <quar.)
&
Colortype
:
3-10
75c
(quar.l——
3-
4-15
$1,061-4
$1.06V*
;
Cynamid,
Class
'/
3-15
1
30c
Sloss-Sheffield
.-/
.
<<
G.)
Co.,
American
3-1 i
4-
$1:
common__4/___4x—
(H.);;& Sons, Ltd., cpm.
If '
9-21
1-3-44
(F;
3-26
$1
_
2-27
25c
(quar.)
American
/
2-18
15c
;
preferred
class
$2.75
2-18
1
115c
6-19
1
1
3-
20c
5
1
10-
425c
•
Simon
11-20
4-
3-
$14
(quar.)
Inc
Corp.,
convertible
pfd.
1
1
$14
.Class. B'
"
3-
Steel
4%%
3-
2-11
:•'
1
$iy*
&
Works,
3-15
3-
3-15
3-10
9
$14
Shepard-Niles Crane <fe Hoist (irreg.)——
Signal Oil & Gas class A--/444—x_x4____4_
11*20
■:
Water
Brothers,
Shattuck
\s
8-20.'.
1
'/'• 3-15.
$l.62Va
Paper.
8-20
$5
Steel
-MacKinnon
:y
&
Power
-
$1.62,/a
x___—_wx_______
5-20
1
.2-20
12-1'
12- t*
$1.62 Va-
(quar.)
Ltd—,
Mines.
Macassa
•
25c
1
9-
-
42>22-22y2,-.22v22'2|;^^-.:25c'
{qugr.)i2L,-il2^2-'^---i''v^l»62Va
Xy 8V2 f preferred (quar.)
^
6-
common
preferred
6 V2 f
6V2 f
"
Sharon
1-f 5-20
9-
2
s
I t.
6*
preferred "rfquar,)^2223^v^r $l J/4
Participating'
>•'.851 participating preferred tquar.)_s^_u__
Jose
Seem an
3-
Participating- 22_22^^_2x4J^i2:x,22222;V2^'225ci;.';
participating preferred (quaf.)
'.K. $tW
Participating, _2_ 2—< 25c
5f
.
Is 2-20
3-
37 VzC
.
San
f
Heating
4-
of
share
pfd. E (quar.)
preferred (accum.)"4-
Sf
(quar.)__xxx_"_;:
pfd,
(irregular)
Note
Cities
class A
$3
1
50c
:
& Electric
Co.,
3-
3-17
25C
Bank
preferred
American
V
Helens
3-
$1VV
;
Lighting (quar.)
Pulp St Paper < irregular)
:
St, Louis Rocky Mt. & Pacific, com. (irreg.)/
I-';'-5 f
non-cuni; preferred
St.
:
preferred
/
i
Safety,..Car
'
,
,
participating
-
prior preferred (quar.)
'
4Ruberoid Co. {.'(.irregular)../ysj;___
>
2-17
3-31 *
/ 5 f
j>
11-24
-
2-27-
•
-
Rochester Gas
8-25
$4>4
Co.
non-cum.
6%
3-20
3-15
3-15
4-1
Pending a court decision $1.04 is to be withheld.
American Central Mfg., if conv. pfd. (quar.)
50c
American Chicle Co. (quar.).
;_x_______
$1
American Cigarette & Cigar, common__"___
$iy4
4-20
4-
25c
V
&,
Arch
preferred
7^/
3-18
30c
$1%
common..
1
150
American Car
3-10
/
2
3-
4-
.
3-10
5-
2-10
3-12
50c
(quar.)_
Cos./b1;/ conv, pfd.
'.......y"/:,.;././".
American Can Co., 7%
preferred (quar.»___
American Capital Corp.— ;
; 'f
/'//'//
$5.50 prior preferred (quar.)
3-
1
¥
Leather
3-5
5-29
3-
20c
3-19
3-25
2-17
$1
3-15
1
5
$114
1
1
3-1
3-
$ 1 Va
funds)
3-15
4-
3-
3-25
common
Quarterly
American
2-15
3-31
t$2
Mfg. Co; (irregular)
Industries
3-1
25c
25c
4-
4-
3-15
2-20
$1.75
3-26
tf
(quar.)_4__x_4__
.
1
1
Co.___„"__x
Amer.,
American Airlines,
5
3-26
-
2-15
4-
(quar.)
(accumulated)
3-20
j: $1
$iy2
•
1
3-
/"■;
Co.__/"xx_"_______"^_
(payable in U. S.
of
Amalgamated
3-/1
25c
$2
,'i-: Rockwood
(quar,)
Co.
preferred
4-
3-15
(quar.)
.
pfd.
6 f:
///3-12
50c
.
2-15
3-
$iy2
(quar.)
common kquar.)
3-15
Aluminum
pfd.
$6
$1%
:
1
t40c
$1%
:
2-23
3-
m3/*
Co.,
Cement
3-15
$114
:
5-25
.
9-10
\ $1
'
Mills—-
Mfg.
Portland
3-31
f
Of JIM.
3-12
2c
iquar.)
2-28
$iy2.
partic. class A preferred (quar.)..!
Robertson (H. H.)
Co.— -■_//4x-—44
,
preferred
1
(quar.)
11-24
3-10
-
J
>
Service
3-
x_4_
.■2-24
12-10
50c
$1.10
;-v, $2
Lone Star Cement Corp. <quar.)-L2^75c
^1
LonghoiA Portland Cement-— '
Hfif#
y
'
i-5 f
Holder*
J
1
(quar,)_„_
Water
Alpha
Co. ..(quar,)
Mfg.
Riverside: Silk
5-25
8-25
capital
(quaiv)—" " $1.10
capital (quar.)_x„l-x—--'Il;™
$1.10
capital '<quar,)4ii'4««^_^-4l,4^-:-'v $1.10:'_
Pipe Co., common fmoiriihly):^^:'^ *■'.* .!$l:'
f. Original
Lock
6-10
9-10
«
I. Original
Rheem
2-24
-
50c
y
(quar.)_w
f-Special guaranteed (quar.;_^x
capital xquar.i^I^ii'i;
3-10
preferred
Allis-Chalmers
-
iquar.$l'/8
Co.- special gtd. (quar.)„7.
50c
7f
3-15
$1%"
50c "X
x___
the
Allegheny Ludlutn Steel Corp.-x- "
$l'/4
(quar.)
(quar.)x
5" Reliance Manufacturing Co.- (111.)
If: preferred
(quar.)
3-15
1
3-10
50c
preferred, (quar.)
Reading Co., 2nd preferred
4-
Co.,
Alabama
3-15
37 y2 C
(quar.) _____4_.x4_4_4!___x"
Co.- '__'_-__'__x___4--__44_;_,4'
Packing
3-10
1
10c
6 y«T
Rath
3-10
1
50c
6preferred
I-
■'
4-
75c
x_______'
3-
5-
,
preferred
Miami
Whan
Payable
75c
American Automobile Insurance (St. Louis)
(preferred (quar.)
Quaker.Oats, common (quar.)__
2-254
3-15
Oil
1
/'4-
$iy2.
_:4—_4xj.///__f.4_w
shares
(quar.)
4-1
15C
original preferred (quar.)_
.preferred < quar.) __44.__44.44_/_i_4 -' ■
.
Pure
r-
.3-2
3-22
"3-12
Little
given in
Share
Corp. '
$iy2
7 ',-i>. 1st
-
3-15-
■
3-11
35c
,
I
2-15.
1
(frregulart»*>;*;♦ 10c
Liberty finance, - cum. parties pfd; Giuar.l.ef *?$,H 14c
Lindsay Light & Chemical, If pfd. (quar.) f'vltVaC
Liquid Carbonic Corp., common (quar,)x_ux_
V - 25c
Leonard 'Refinerifes
4hff
*
Company
1
4-
20c'
(quar.)
Common non-voting
/!
.
3-15
-'
Fink
&
1
;-4--
(onar.)25c
Wilkes-Barre
Lehigh &
being
Z__l"_xx_"„x_x"__-__
Agnew Surpass Shoe Stores, com, (s-a>____
Hampshire—•
(quar.)_
Co.
Crafts
7f
(quar.)
Publication Corp.; com: voting shares
y:
Aero
25C
:
(NY)
1
HV*
/
Cox./--;-.4/4/-;-/''/.
Public
Steel
Acme
3-22
'
70c
.
f.v.
f-'- 20c"
tifregular)
Koehning Company (irregular'
50c
Koppers Co.', 6f' preferred <quar.)$ 1
3-
10c
4.
Progress
3-15
3-15
$iy4
6f preferred
Co.,
Pilgrim
3-12
■
Rubber
B.)
these
Per
Namt of
3-15
$1
(quar.)_4__t—x.
Philadelphia Electric Power, 8%. pfd, (quar.)
Phoenix Securities $3 cony. pfd. A (qual\)_
••
3-12.
T
3-
3-30
25c
3r 10
"
3-15
25C
Mines (quar.)____
Exploration
(quar.) x__rc.^__4—
2-25
4-
6.f preferred series C..(accum.l'w^g-i^ci'V^f*': 75c
f 7% preferred series B faccum.>
187*,ac*
(I.
week,
1
50c
(quar.)
tquar.)_____.:
4
previom
The list does not include divi¬
1
J4C
2-27
3- 5
,v
4accum.).^wi-iiii.'!;S>02!,/aCv'.
D
'
Kleinert
3-
dividends announced in
3-15
t50c
Extra ';i.___4_'_J__—4__4_4i_li____44—..-■
3- t •
3-. 1".
.
'si
.• ^
Edison,
"
preferred
3-15
2-27
t$iv4
Perron. Gold
\
<• tO'.'
Co.--^«-,—15c
Kings County Lighting-—
6%
25c
2-25
3-15
Petroleum
it,- ,'v3.-15
3- 5
3- 5.;,
3-10
Kerlyn Oil'Co., class A -iquar^'-ij^^^
Kern County Land (irregulari^i'v-.'-.^+i-.^^'
25c- s
3-10
Kimberly-Clark Corp., common-'fquar,)_iilt:"rv
25c
:--4* 1
6'^ preferred (quar.)
$1 Va
: 4-1
*
3-10
preceding table.
4*
$2.80
3-15 '..iv
1
"Joy-* MaucfaeturingKckaha
4':
3-10 :
Mfg.
8 f
,
30c
& Supply Co.v: comiiwn_^^_i;cv;!:
75c
pieferred
>• !;'$i'Vai
Joslyn
Below We give the
3-15
$2
:$;-J .Peoples Telephone .Corp., 4 y2 % preferred--.
prefeience &
preference D: (quarAiT.ii^iUlt'-i'Ji-^.^'Xl V4%-''»i
5%
5
$1
'
2-27
(quar,):a,____i__4x_-__iix_-_^u,_n
••
preferred
f
Door_____z
2-27
preferred' <quar.)i___4___i__iii4___
3-15 V Pennsylvania Glass Sand Corp.-/ -//;/
y
3-15
Common.
(quarV^-i^'''^'ti7c-
common
preferred A.,
Jones
•'<
3-15°
50c
t ;
Pennsylvania
3-31-t
$1 "/i'.'-j;
Telegraph
Jamaica 'Public Service,
•}f I f
7'<i I f
3-
(
Ocean
International
Steel
3-15
.
International
Younstown
3-31
75c
,
Bond
3-15
—
(accum,)_x____x___x___
3-15
'
Steel
Indianapolis
5
$iy8
(quar.)_
3-
3-25
$1%
r
3-19
3-31
Telephone_^^-i-i^i----ii-i-« /.' $1%
Ontario Loan
3-' 2
&
Debenture ((quar.)__i4i__
-3-12
Productsi'-r^_-^li-x-J-~--2^-^i':' 12yzc
i Pi-.WZf
Ottawa' Electric Rwy. -(quar.)
if'/; T5c> m )9'^¥3-10--a
& Shareiii'^lli'Jj.
30Cx • >y* 15 v
• 3-31 v:; Pacific Mills
'Indianapolis' Power &
.(quar.:)'i4x'il_ii4;4*_r444ii4_i_'_._v:;
3- 8
25C
3-23
Parker /Appliance
(quar.)xi__i4_________i_
Inspiratien Consolidated Copper
Patinp,. Mines. & Enterprises Consol., Inc.__
-institutional Securities, Ltd,-— **'
yC'V.«>
(Bank -group shares)
Peck Stow. & Wilcox, (reduced)
2-2g
class;^Sc/
Illinois
Indiana
A
(Consol)
3-15
3-12
:
Class
$ i y«
prior preferred
Yellow & Checker Cab Co.
35c
■''
(quar.)___
com.
v
2r.l8
.
Co„;
Gas
convertible
(quar.)
$iv2
$1%'
""
(quar_L.-J.
(
4-15
3-31
25c
"/si
$3 preferred
(quar.)i__ii_4x4_i__-______
Ompibus .Corp. 8 f preferred-(quar.) —
i_;;
Onomea Sugar Co. iquar:)
2-20 :'.f
~
prefeyred
Okiahom'a Natural
3-5 ***<
3-15
'
•
preferred
■
Oklahoma Gas &• Elec:, 7f -pfd..' (quar.)..__•
3*15:*
(quaff):75'i^y k iT $114:/ : 3-31
3^1
'Hydraulic Press Mfg., 6'( *. pfd. -(quar.K_.--kt.'v* 37 v;-c
$2'
Idaho-'i.h'eatock' Lands •• '■( liquidating
2-27;
--r
-
(quar.)_.„__.____4..—-
Co.,
prior
,
iff
2-26
40c
5f.' preferred ' (quar.)_-.___i4.__c4__.__
•»
4'/a f
2-29
125c
Finance
^
'Hooker Electrochemical,': fl y-" pfd:
-
5
2-25
(quar.)4_4_..__
Ohio
J- Gf:'
;lgsMraiwej,i%F^)^^7.!jr5
X Qu'arfevLv ,'Lv*
■
■
3-25-'
'
Ogilvie Flour, Mills
?':3'-i2
4" 1-:
$1
-)
preferred: {quar.)'__^___:f;-_--A-.--l7-r--- f i>;
'powder
If:
3-
3-20
Parts^/■'20c
Hetn-Werner Motor
$1
(quar,)..
.:
3-
1
2-11
$114
3-
2
1-29
'
■
Share
&
Gas
Rayon Corp.—
Atlantic
$2.50 prior preference
Atlas
common
Co.
Press
—
*.
*—:**—_**-**-*
(quarj —,-*-j-*—--
Corp
Automotive Gear Works—
Products
Automatic
—
**.
(quar.)—
—
(quar.)
h—
Bankers National Investing, com. (quar.)a*
6% preferred (quar.)—-——-—————
Banque Canadienne Nationale (Montreal)—
Quarterly ;—_————
+$J(4
+$2/2
6 Ac
Canada (interim)-*——
Barnsdall Oil Co. (quar.)——
——
Barlow & Selig Mfg. Co.—
:
•v , $1.20 class A (quar.)
Bathurst Power & Paper, class A (quar.)—
Bayuk Cigars, Inc.——————
Beau Brummell Ties, Inc.—,—*—
—
of
Nova Scotia
Bank
of
Toronto
Beaunit
$1.50
Belden
Extra
'
Co.,
Chickasha
3-
5%
6%.
.
-
Canada
Canada
Canada
.
.
1
2-15
1
2-15
1
1
2-15
4-
1
3-15
3-
3
2-
4
Collins & Aikman Corp.—
3-15
3-
1
1
2-19
3-
'
■
1
2-20
3-
1
2-20
Columbian
2-
4
1
2-26
1
2-13
Compania Swift
3-
1
2-13
Community Public Service
3-
1
2-20
Confederation
3-
1
2-24
3-
1
2-24
1
2-15
33-
1
2-15
3-
1
2-15
3-
3
2-25
3-31
2-25
2-13
2-18
Consolidated Biscuit
4-10
Consolidated
Cigar
3-
1
2-15
Consolidated
Edison
4-
1
3-18
1
3-10
2-19
2-25
3-15
2-27*
4-
6
3-
6
3-
2
3-
1
3-15
1
3-20
3-15
2-26
4-
lVe"
3-13
4-
1
3-13
3-
5
2-23
3
2-
3-
1
2-22
3-
2-15
1
2-15
3-
1
2-15
3-
62(4c
1
3-
5
1-29
3-
2
2-15
3-
,
2
2-15
3-
3-20
3-10
3-15
3-
3-
1
2-15
9
pfd. (quar.)
preferred (quar.)
preferred (quar.)
5% preferred (quar.)
—
;
*—_—.—
Products—**—
(reduced quar.)—
Central Patricia Gold Mines (quar.)
Century Ribbon Mills, 7% pfd. (quar.)
Central
Ohio
Central
Steel
Paper
-
3-
3-20
&
South
West
1
—-
(quar.)
77c
3-15
2-27
3-30
preferred
(quar.)
(quar.)
3-15
_*____*__!
——_******
preferred (quar.).**
Steel Corp.
(irregular)*
Detroit
&
Raynolds, class A—
(quar.)
4-
1
3- 1
Devoe
3-
1
2-15
preferred (quar.)*—
Devonian Oil Co. (quar.)__.__
Class
3-31
1
1
1
3-23
3-
3
3-
4-
1
3-15
4-
1
3-15
1
1
7c
Dr.
1
preferred
Pepper
Doehler
2-15
Dome
3-15
3-15
40c
2-15
3-
57c
&
(reduced)*:
Ltd
1
2-20
Federal Light
***_*_;
.
2-20
2-10
2-19
5
2-19
2-15
1
2-28
3-
1
2-16
4-
1
3-20
Dominion Foundries & Steel, 6%
First
Corp. (s-a)
First National Bank (Hartford)
3-25
First National Bank
6-25
9-25
12-24
$1%
,$1 V2
4-
1
3-10
4-
1
3-10
4-
1
3-10
4-
1
,3-10
3-
1
12-19
3-
1
2-18
Dover
3-29
2-27
Driver-Harris
1
2-20
3-20
2-27
$1V2
62V£!C
Fishman (M. H.)
1
3-
5
1
<■'! 22-
1
1
•
35c
10c
f3c
3-
$l3/i
preferred (accumulated)*—*
$1V2
$7"prior Hen preferred ^accumulated);—-.;.$1^'<
Dominion
Foster
4-1
3-15
2-15
1
5
8
77
preferred
Dun
&
&
1
4-1
3-15
4-
1
3-15
3-
1
2-17
3-
1
2-17
Gar
6%
:
Fruehauf
3-
1
3-
1
3-
2-27
y
1
5(47c.
3-31
3-31
3-18
8-16
7-22
3-15
33-
;>20
,
2h-2j7
$5
i: &15P
1
—__*
4-1
4- 1
3-1
3-1
__..„_***_*
75c
3-10
3-3
25c
$134
3-15
3- 3
2-13
2-13
50c
3-12
2-11
5-1
4-5
50c
$1(4
3-15
3- 8*
3- 1
2-16
y-i-■:<<'77
(quar.)—__,*„**.y;
(quar.)
*
;
(quar.)
Corp.
Gibraltar
3-15
3-
Glidden Co,,
3-1
2-20
3-
5
5
Golden
Corp.
(N. Y.)
(quar.)*
pfd. (accum.)
stock
4(4%
$1 Va
$1(4
/ 4- 1
50c
3-1
conv.
2-15
56(4c
25c
$1(4
50c
$1JA
4-1
3-10
3-31
3-15
3-15
3-17
2-28
3-12
2-15
2-15
3-15
5-15
3-1
3- 1
3- 1
Corp
Co., $5 preferred
(quar.)**
1
2-15
Goodrich
3-25
3-10
3-15
3-
3-15
3-
1
Goodyear Tire & Rubber Co., com. (irreg.)*
$5 convertible preferred (quar.)**—___*
Gorham Manufacturing
Co,__
3-10
3-
9
Gosnold Mills.
1
Gossard
3-
1
2-16
6-
1
5-15
9-
1
11-15
4-
1
4-
1
7-
1
7-
1
1
10-
1
10-
3-
2-15
58-
8-16
5
.
5
3-20
•3-6
3-1
3-20
2-20
(s-a)**^
Eastern
Griesedieck
Fire
Insurance
Western
"V
2-10
•
3-
1
2-10
Hale
9-
1
8-12
Hallnor
3-
1
2-11
3-
1
2-11
$6
Stores
Bros.
3-15
3-
5-
1
4-15
4-
1
3-10
3- 3
2-18
3-29
3-16
4-20
3-19
Hanna
3- 1
2-15
$5 preferred (quar.)— __—
Harbison-Walker Refractories Co., common*
3- 1
3- 1
2-20
preferred
(quar.)——;
Harshaw Chemical Co.—
2-20
4(4%
$50C
$10c
$$1(4
$$l3i
50c
$3
3- 1
3-20
4- 1
4-15
3- 1
4-1
60c
37(4c
$2
$1
i;
2-22
Hazel-Atlas
3-
Hazeltine
5
3
2
3
15
3-25
3
13
3-10
4- 1
2-17
3-15
3-13
2-23
vz:
1
Hecla
Glass
(G.)
±. ?.
3- 1
2-17
2-17
25c
3-12
4(4%
3- 1
3-5
3- 2
2-15
3- 1
$1.50
4-20
2-11
4- 6
$1.12(4
50c
3- 1
3- 1
3-15
(quar,)
(quar.)—
*
Brewing (La Crosse, Wise.)—
Co.
Chemical Corp., common......
preferred A (quar.)_*
Heywooi-Wakefield, 5% pfd. B (accum.)*
Hibbard, Spencer & Bartlett (monthly)
::
4-1
25c
31
Heyden
2-10
$1(4
Corp.
Mining
Heileman
Co.
,,
2-18
3-20
3-20
2-18
3-1
3- 1
2-10
•
conv. pfd.
(quar.)—_*__*—
convertible preferred (quar.) __
Tobacco, $4 prior pfd. (accum.)*—
Hartman
j
3-1
3- 1
'
—*
cum.
2-22
■
87(4c
Co., common—*_—*_*:__*_
(M. A.)
2-20
1
3- 3
2-13
2-11
" 3- 5
3-15
2-15
2-15
•
._**_*'
(quar.)— i
3-15
2
3-15
3- 1
3-1
3-20
tlOc
$1(4
40c
4(4 7c
preferred (quar.) __—**v————
$1(4
Hancock Oil Co., class A (quar.)—50c
Class B (quar.)—*—*—*****—;
50c
Hanley (James) Co., common (quar.):.—*
25c
preferred
.
(quar.)25c
(quar.)—***—_____
Hamilton Watch Co., 6% pfd. (quar.) _*___*
Hammermill Paper, common (quar.)
7 7c
,
3-15
3- 1
3-1
Ltd.
Mines,
2-19
3- 8
2-20
3-15
3
2
$1(4
50c
$1(4
1
preferred (quar.)
*
Corp., common (irregular)
—
preferred (quar.)*___—'
Hart-Carter,
(interims*
343/ac
+.*__**
Hajoca
67c
3443-
3- 1
4- 1
4-1
3-1
3-15
(quar.)
2-11
3-15
25c
1334c
40c
$1%
preferred
convertible
5(4 7c
r :
Greyhound Corp., common (quar.)
*
5V2% preferred (quar.)__—**_—_—*__
Gruen Watch Co.
(special)
:**—;
Gulf States Utilities, $5(4 pfd, (quar.)*****
2-27
1
.
3- 1
(s-a.i—*
Brewery—
*
2-11
2-25
" Z
3-1
.
15c
30c
Great Lake Engineering Works (quar.)**
15c
Great Northern Paper (reduced) —40c
Great Western Sugar,: common
50c
77c preferred (quar.)______
$134
Green Mountain Power, $6 pfd. (accum.)—
$1(4
Great
12-23
1
5-15
25c
$3
Granby Consol. Mng., Smelt. & Pow. (quar.)
Payable in U. S. curr. less Canadian tax—
8-16
1
,
50c
Co
3-15
4-1
62(4c
prior preferred (s-a)—_
57c
W.)
(H.
Grace National Bank of N. Y.
12-
12-23
(B. F.)
;3-15
(quar.)—*
pfd. .(quar.)—**,
Marine
&
2-15
3-15
3-15
3- 1
Insurance—*—*
(quar.)
Fire
Cycle
1
Inc. (quar.)
preferred (quar.)
s
(quar.)
preferred
3-15
3-
*
com.
2-18
2-18
3-22
Georgia Power Co., $6 preferred
3-
1
3- 1
3- 1
4- 1
• 3- 1
3-31
3-31
3-31
44/1000th share of common
4-
3-12
(s-a)
Co.
Bradstreet,
or
25c
50c
37Vic
75c
75c.
25c
$2
J55(/2c
$1(4
62Vic
15c
37Vic
$40c
80c conv. prior pfd.*
Du Pont de Nemours & Co.,
;
Cash
v
2-15
3-1
common
Reinsurance
:
•;
35c
*****
(quar.)—*
General Shareholding Corp., $8
8
1
preferred
General
1
4-
$5
;
^
3-15
6-13
9-15
$1(4
preferred
7% preferred (quar.)—*—_**——*,
General Motors Corp., common**—**—
3-17*
,
3- 5
2-15
2-15
3- 1
3-1
2-1
$1(4
$134
12(4c
17(4c
37(4c
15c
$1(4
$1.37
(quar.),
common
American
2-20
(quar.)
Shoe,
4- 1
7-1
10- 1
General Cigar Co., common (quar.
.2-13
1
Power,
3-15
tfcPA
$$1(4
(quar.)37(4c
(quar.)
37 (4c
(quar.)
37(4c
preferred (quar.)*
preferred (quar.)
General
2-26
3-15
3-
57c
2-10
3-15
:'Z 3- 1
convertible preferred
Gatineau
2-15
1
3-15
,
'
Brush, 77o preferred (quar,)_***__** ;
Wood Industries, 57c pfd. (quar.)*****
57c
2-18
2-18
3-5
3-15
3-15
3- 1
3-1
3-15
25c
•
■
Garfinckle (Julius), common (quar.)
3-10
3-10
3-
Trailer,
convertible
57c
2-15
2-20
2-20
2*20
3- 1
$1(4
$1%
87(4c
4 25c
62(4c
Fuller
4-
2-26
(interim)
Rockaway RR.
Duplan Corp., 87c
prior lien
6%
.'
3-31
3- 1
3- 1
3-1
3- 1
3- 1
25c
25c
25c
.
common
prior preferred
prior preferred
prior preferred
,67c
3-15
Co.,
Wheeler Corp.—
3-15
pfd, (quar.)
;
*-—--—*_**-**;—*
*
Flintkote
1
1
Textile Co.. (quar.)
Douglas (W. L.l
Simons &
Extra
2-15
3-31
4- 1
15c
17(4c
5c
5c
7% preferred (quar.)**
(quar.)—*
participating class B (quar.)
Connell Dredge & Dock (quar.)
cum.
Fitz
2-15
3-
4-1
$2.,
non-cura.
1
(accum.)
Ltd.
25c
Co., Inc.—5c to $1 Stores-
participating class A
5%
3-20
2-15
3-15
3-20
—
_****:.
5%
5
3-19 1
3-15
3-31
3-31
3-31
3-31
3-31
3- 1
4- 1
4- 1
(quar.)**.
Fitzsimmons Stores,
;
5
1
3-12
3-15
2-15*
3- 2
3- 5
3-15
3-15
3-20
3-20
30c
$1(4
*—
Pittsburgh
...
$1V2
15c
15c
6%c
$1(4
(quar.)
Quarterly
3-
'
(quar.)*
(Mt. Vernon, N. Y.)
National Bank of
First
3-
(quar.)
Dominion Stores,
pfd,
2-15
.
Bank Stock
Quarterly
Dominion-Scottish Investments, Ltd.—
preferred
preferred (quar.)*_
& Rubber, 6%
5(4%
Firestone Tire
3-
'
4- 1
3-31
3- 1
25c
$1(4
•
$1
25c
$1(4
& Traction,
2-15
,
3-18
4- 1
3- 1
$2(4
—*****
(quar.)***
2-25
6%
$iy8
5 7o
(quar.)
1
Envelopes & Carton—
preferred
Y.)
3-
(quar.)**
3c
25c
$6 pfd. (quar.)**
Federal Mining & Smelting-*
Federal Mogul Corp. (quar.)*
Field (Marshall) & Co., 6% pfd. (quar.)
6 7c 2nd preferred (quar.)
—_***. ;
Finance Corp, of America, class A (quar.):*
Class B (quar.)*—*****,
******—*.* ;;.
Anglo Investment Corp.—
preferred
7 %
(irregular)*^
Casting
Mines,
Dominion
5
Co.
Die
Dominion
2-15
3-15
Federal Bake Shops
$$1(4
(quar.)
Corp.-Seagrams, Ltd., com (quar.)
57c Pfd. (quar.) (payable in.U. S. funds)*
Dixie Vortex Co., class A (quar.)*.
3-12
3-
,
participating
Distillers
3-15
4-
._**.
participating
67c
8
Farmers
2-16
2-11
2-15
.
(s-a)
pfd?
2-15
$1(4
preferred (s-a) **__—*
preferred (s-a)
Dictaphone Corp., common (irregular)*
6 7c
2
4-
—
*
Alkali Co.
(quar.) —
Diamond Match Co., common (quar.)——*
2-15
4-
B
Diamond
2-15
3-
***U—*
57c
3-24
3-
3-12
1
5
67c
Corp.,
2-28
3- 3
Canadian Corp., Ltd
& Traders Life Insurance (Syracuse,
2-25*
30c
50c
50c
25c
25c
25c
(quar.)
Michigan Stove, 57c pfd. (quar.)***»;
Detroit
57r
—*
6 7c pfd.
Detroit Gasket & Mfg.,
2-15.
1
preferred
7 7c
2-28
*
(quar.)
7 7c
2-28
3-15
***
preferred
Brewing
2-28
3- 1
Famous Players
3-29
75c
75c
75c
75c
$134
$134
$1%
$1%
;_***_*_***.—
(quar.)
preferred
7 7c
2-28'
Falstaff
5-15
3-15
$2
(quar.)
(quar.)
Common
2-13
or
$1(4
(quar.)
(quar.)
Common
3-15
3-15
$1V4
.
Common
3-15
1
Cash
(quar.)***
44/1000th share of common stock
3-1
35c
37 (4c
20c
***-*:^.**
**___**_*„_*,*_**_
common
$1
50c
Fajardo Sugar Co. of Porto Rico
3-15
5c
Dentist's Supply,
1
1
4-
(quar.)
& Bound Brook RR.
Delaware
50c
25c
2-10
50c
Extra ■;
3-
Utilities Co.—
1
4-
1
Fund
Delaware
4-
3-
(irregular)
Deisel-Wemmer-Gilbert
5-22
8-21
11-20
3-20
2-15
2-15
*
3-31
t$lV4
2-19
6- 1
9- 1
12- 1
.
3-31
3- 1
3- 1
*
2-18
$2
10c
3- 1
(quar.)
2-
75c
$3'/2
25c
2-24
3-
1
Co.
&
1
$lVa
(quar.)—
Dayton Power & Light, 4Vi 7c: pfd.
Deere & Co., 7% preferred (quar.)
3-15
$1.80
$5
,,
Dairy Corp of Canada, 5% pfd. (init. quar.)
Daniels & Fisher Stores (quar)——**
$l3/4
pfd. ctfs. of beneficial int. (irreg.)—
Liquidating payment
Central Cold Storage (quar.)—
Central Foundry Co., 5%. conv. pfd. (quar.)
Central Illinois Light, 4V/2^ pfd. (quar.)—•_
$6
8
Morse
Fairbanks
3-
$1V4
preferred (quar.) __*.*__preferred (quar.)****
Culver & Port Clinton RR. (s-a) ___*_***
Cuneo Press, Inc., 4Vi%. preferred (quar.)—
Curtis
Publishing, $4 prior pfd.
(accum.)
Cushman's Sons, Inc.-, 77c pfd. (accum.)
Cutler-Hammer, Inc.
(irregular)*
*
$1.25
(quar.)
(quar.).
2-10
Amer.—
8%
Forster,
&
Crum
& Gregg
Coe
Special
2-25
3-
87 Vic
56V-tC
$1.25
convertible
5%
2
3-
Central Coal & Coke—
•
3-
3-31
of
Steel Co.
Crucible
Faber
3-15
t$l34
$1V4
Corrugated Paper Box 77c pfd. (accum.)—*
Crane Co., 57c preferred (quar.)**.
—***
Creameries of America, Inc., $3Vi pfd. (quar.)
Crown Cork & Seal, $2.25 pfd. (quar.)
Crown Zellerbach Corp., $5 conv. pfd. (quar.)
3-24
3-24
2-17
;
(irregular)—***
$4(4 preferred (quar.)
Florida Power, 7% preferred A
(quar.)****
77c preferred
(quar.)
*
Food Fair Stores, common (quar.)
;***_.*
$2.50 preferred (quar.)*.
Fort Pitt Bridge Works
4
2-19
4-
$5
(quar.)
;
(quar.)*
(quar.)*
Inc., 5% preferred
Eversharp,
3-
20c
4- 1
4- 1
3-10
50c
35c
$3(4
56(40
87V4c
(quar.)
common
preferred
preferred
preferred
3-15
3-
1>'.
1
Capwell,
2-25
3-23
3-
3-
r
2-25
3-
Cook Paint & Varnish, common
2-27
$5
$5
4-1
$4 preferred (quar.)***—*******—*****$l r
Copperweld Steel, common********^—*___—
20c
5 7c conv. preferred (quar.)**
—.* ;»
62Vic
3-15
4-20
2-11
2-11
3-
2-23
3-15
2-15
3-15
2-27
3- 5
3- 1
3-24
$1(4
4(4%
12-31
2-11
2-18
2-18
2-28
2-28
3-20
3-10
4- 3
$134
25c
20c
17 (4c
77c
3-13
9-30
1
3-15
preferred (&-a)
preferred (quar.)
Erie & Pittsburgh RR., 7% gtd.
(quar.)____
Less 7 (4c Pennsylvania State tax.
Erie Railroad Co., $5 preferred (quar.)
1
3-
6-30
5
$1%
4%
7*
;***.—
(quar.)
3-20
3-31
3- 1
3- 1
$1.25
$1.25
$1.25
25c
Emporium
3-12
11-15
3-31
$134
$1%
4- 1
Paso
3-15
3-
3-
class A (quar.)
*
—*
50c
Carolina Telephone & Telegraph (quar.)—
$2
Carter (Wm.) Co. (annual)**————**,
$4
Carthage
Mills, common
—
25c
6% preferred A (quar.)
—$1V'2
6% preferred B (quar)*
60c
6%
6Vz7c
75c
60c
3-12
8-16
3-
;
2-27
3-15
3- 6
Mfg.**__-
&
3-12
5-15
Telephone—
preferred (quar.)
preferred (quar.)—
Controller
3-15
3-31
3-22
77c
'
3-
(quar.)$1%
preferred
77c
common
77c: partic.
2-27
,
7 7c
,
Continental
62(4c
Natural Gas, common (quar.)
preferred (quar.)
Ely & Walker Dry Goods, common (quar.)*
Empire Capital Corp., class A (incr.)
70c cum. preferred A (quar.)—
Empire Power Corp., $6 preferred (quar;)-Participating stock (accum.)
El
3-
3-15
$$1(4
t85c
f50c
*]% preferred (quar.)
Central Arkansas Public Service—
7% preferred (quar.)——
*
Continental Steel Corp.,
2
4-
3-15
$2
$6
,
Electric
2-15
3-10
50c
25c
30c
25c
25c
*
1
2-26
"
37(4c
25c
Co,__.—_—__*^—i**
Watch
National
25c
Paper Co. (Mich.)
(quar,)****
Continental Assurance (Chicago) (quar.)***
Continental Can Co. (interim)
Continental Casualty Co. (Chicago)
(quar.)
Continental Oil of .Del. (quar.)
—-•
9
3-10
3-
25c
50c
Foreign Investment Corp.-—.
.
:
preferred (quar.)
—
—
t$2
International Investment Trust—
5c!o
preferred (accumulated)—
— ;; .
+50c
Canadian Tube & Steel Products Ltd.—
7% preferred (accumulated)
—t$1.75
Carman & Co., class B——
25c
Central
3-
3-20
Elgin
2-28
.
2-11
2-11
2-10
2-10
2-15
3- 5
3-5
2-27.
2-27
20c
62V2c
(quar.),_Z*_,
40c
Consolidated
4-
,
3-20
3-
10c
3- 1
3- 1
3-1
3- 1
.3- 1
4-1
4-1
3-15
3-15
,
(quar.).*4*;-
common
pfd. series 1937
conv,
3-1
$l3/4
Corp. 7% pfd. (quar.)_
of N. Y. com.
(quar.)
$1(4
$l34
$1(4.
$1%
$25c
$1(4
$1(4
,
5% conv. pfd. series 1941 (quar.)*_*_**„*
Eddy Paper Corp. (irregular)*****.
3-
25c
55c
55c
60c
62Vic
$lVa
(irreg.j*.***.^****.
Co.
57o
N.
$ $1 .Va
**■*_***_**—*.__yi*--y*--_**-*,V';.:.J$lV2.
-***/—**-*t$lJ/2
;,; $$1 Va .;
3-15
(quar.)
Brothers Stores,
Edison
6-16
,
Congoleum-Nairn, Inc. (quar.) __*_*„*__^—
Connecticut Light & Power, common (quar.)
$2.20 preferred
(quar.)
;*_—
;,
$2.40 preferred (quar.)—**———
Connecticut Power Co. (quar.)
Connecticut River Power, 6% pfd. (quar.)—
preferred
1
3-31
41**********.:i**-r,-r;—-'***f,****.' V
3-1
t$l
$25c
Co.,
Quarterly;,Quarterly
Quarterly
Quarterly'
4-20
8%
Central Maine Power,
;'
3-
4-1
(quar.)-***
3-
50c
40c
Co —_**__u**__
Life Association (Ontario)—
67a
2-22
y
$1.25
preferred (quar.) ———
Internacional (quar.) *
cumulative
5 7c
1
3-15
Canadian
I.)
8
3-
3-
(quar.)
*_;
(quar.)
Service, $6 pfd. (quar.)
1
6-
30c
$1
;
Co.————
Carbon
2-23
2-23
5c
& Interurban Water¬
Louis
preferred
preferred
3-15
,
——.—
—
St.
$6.50 preferred
9-15
3-1
3- 1
3-15
3-15
,
Steel Products, Ltd. (quar.) __***_,
Eastman'Kodak Co., common (quar.) ******
3-i7:
,
3-15
50c
37(4c
Z
Corp.
Hoiaere
of Rec.
4-15
^
•
Eastern
.
2-19
,
Payable
Sl'A
Eastern Shore Public
2-25
5- 1
3- 1
3- 1
3-15
3-15
4- 1
Commonwealth Telephone Co.---v
•
4-
$$1.62(4
,
B
Class
3-
15c
15c
37y2c
$1(4
50c
Crushed Stone (interim)—_
+10c
& Dominion Sugar
t20c
Dry Ginger Ale (quar.)———,
15c
Foundries & Forgings, class A (quar.)
$37(4c
Packers, Ltd. (quar.)
—
+$1
Permanent Mortgage (quar.)
.
t$2
Vinegars, Ltd.
(quar.)—*——*tlOc
(J.
5
5
2-20
12- 1
3-15
3-27
3-27
3-27
3-31
3- J,
preferred (quar.)——1
$1.25
Colonial Stores, 57c preferred (quar.)—
62V2C
■y; Common (quar.) .,__*****;**^yI4**y-*-..1 25c
Colorado Fuel & Iron Corp. (quar,)***.
25c
Columbia Broadcasting System, class A__*_
30c
2-17
3-10
77c
East
2-15
——
.'
/
ed
5
3-
3- 1
6- 1
9-1
convertible
5%
3-15
3-
(quar.)—****
preferred
1st
57c
8
3-
Counties Gas & Elec.—
Coast
3-15
■
8
3-
3-13
31 Vic
Cockshutt Plow Co., Ltd., common (s-a)—t25c
Colgate-Palmolive-Peet, $4.25 pfd. (quar.)* $1.06(4
3-
Canada Wire &
Ca«e
?
2-16
2
4-
20c
50c
————————
Canadian
2-16
3-
f$1.50
2V2%;
Cable Co., Ltd.—
Class A, common (quar.)——
Class B
(reduced)———**—
6(4% preferred (quar.)——,
—
Canadian Bakeries,. 5 % preferred (quar.) —
Canadian Breweries, $3.40 pfd.
(quar.)
Canadian Converters Co., Ltd. (quar.)
1
3-
40c y
convertible preferred (quar.)—*-—Burroughs Adding Machine (quar.)
——
Butler Brothers, common—:
5% convertible preferred
(quar.)—
Butler Water, 7% preferred (quar.)
California Ink Co
—_—— -v.
Canada
5
2-28
3-
$1(4
50c
—
$2.50
Canada
2-
1
3-
25c
$1(4
Burlington Mills Corp., common (quar.)
.
35c
$2.75 convertible preferred (quar.)——683Ac
Canada
2-15
3-15
Bunte Brothers
Canada
2-15
3-
& Sullivan Mining & Concen¬
tquar.) „—I
———5% preferred (quar.).———
trating
2-27
3-1
Hill
Bunker
2-15
3-10
30c
...
.*_*__—*■
*—————
1
3-15
(quar.)—$1.25
Buckeye Pipe Line, new common (initial)—
20c
Bucyrus-Erie Co., common (irregular) ;
,
12(4c
7% preferred (quar.)—,——;
.———•,••••• $1%
Company
2-15
5
preferred
Buda
3-16
1
5
————
Bullard Company
1
3-
4d
Common (interim)
:
lOd
British Columbia Packers
(irregular)——
}75c
Bristol-Myers Co.
(interim)—40c
Bristol Brass Corp. (quar.)
—
75c
Brown Fence & Wire, class A—4——
51
Brown Shoe Co., Inc. (quar.)
y
50c
Bruck Silk Mills, Ltd. (interim)
••
tlOc
Brunswick-Balke-Collender Co., common—
25c
$5
1-30
3-
$14
$20.26
Casket. (quar.)*
*
America (quar.)—,
—
Bright (T. G.) & Co., Ltd. 1 quar.)
British American Tobacco, 5% preferred.—
(final)—-——
1
Test
Duro
3-
.
&
preferred (quar,)
12-15
3-15
4-1
preferred (quar.)*—
HVi
5% preferred (quar.)
—
—
$lVk
5% preferred (quar.)*
$1'/»
5% preferred (quar.)
$1V4
Cincinnati Street Ry. (irregular)
*
30c
Cities Service Power & Light, $5 pfd. (quar.)
$lJ/4
V:
$6 preferred (quar.)
$lVi
$7 preferred
(quar.)**
*—
$1%
City Ice & Fuel Co., common*—;_**—_*_*
30c
6Va-% preferred (quar,)—*;
*******
$1%
City National Bank & Trust Co. (Chicago) —
Quarterly
——*———$1
City of New Castle Water, 6% pfd. (quar.)*
$1 Va
City Water of Chattanooga, 5% pfd. (quar.)
$1V4
Clark Equipment, common (quar.)
75c
5% preferred (quar.)
—*_***——*/'• . $1V'4
Clearing Machine Corp. (quar.)
*********
25c
Cleveland & Pittsburgh RR. Co.—
Registered stock (quar.)—*_**_■.
87V2C
Special guaranteed (quar.)——**—.
50c
Plastics
Durez
3-15
.7-15
10-15
5%
8
3-31
$iya
Boyertown Burial
Brewing Corp. of
Common
3-10
,
$1%
75c'
7%
3-1
—
....—
Bearing——_—*--*
3-10
1
3-
40c
$1(4
$1
62Vac
75c
'
$3 conv. pfd. 75c in cash
share of common stock—
Blumenthal (Sidney), 7% preferred (accum.)..
Booth Fisheries, $6 2nd pfd. (accum.)
Borden Co. (interim)—,
Roller
1
4-
l/32nd
Bower
3-
,.3-31
30c
Borg-Warner Corp —
Boston Elevated Ry,
(quar.)
1
3-
Ridge Corp.,
or
2-10
4-
f$l%
20c
:
(quar.)
preferred
6%
Blue
2-15
4.
10c
common...——
Brothers Tobacco,
Bloch
2-15
4-
^oc
I25C
(quar.)—
(s-a)
convertible preferred (s-a).—
convertible preferred (s-a)
1
1
3-10
37./*c
Company, common
(E. W.)
Bliss
,
common
2-13
-
$17
Securities,
preferred (quar.)— *__*—y*—*—:.-i,
Chrysler Corp.
(irregular)— *—*_*— .;
Cincinnati New Orleans & Texas Pacific Ry.—
2-20
3-
25c25c
when
snare
preferred (quar.)
Chemical, common (quar.)*
Duquesne Light, 5%
,2-27
4-15
25c
-
—--a.*—
common (irregular)—
.*.—a.
Christiana
1
3-1
3-
(quar.)—
+$1
————+®2
(quar.)——.:
preferred
'
1
4-
Quarterly
(quar.)—
———15c
Belknap Hardware & Mfg.————
25c
Berens River Mines, Ltd,
(interim)———'—
+3c
Berghoif Brewing Corp.—.—————
25c
Berkshire Fine Spinning Associates—
,
' :
$7 preferred (quar.)——.,—
$1%
$5 convertible preferred (quar.)
——;
$1V4
Bethlehem Steel (Del.), common——.—$1%
7% preferred (quar,)———
$1%
Bigelow-Sanford Carpet, common—
50c
6% preferred (quar.)—
—
—
$1(4
Bird & Sons, 5 % preferred (quar.)
$1(4
Birmingham Water Works, 6% pfd. (quar.)
$1(4
6%
,25c
Chicago
2-13
Belmont Radio Corp.
Black-Clawson Co.,
Yellow Cab Co. (quar.)——*_*_*
Cotton Oil Co, (quar.)—****—
Quarterly "*—_„*»***_—-**~1*
._*'*/_*
2-19
1
common
—~*
5
8
on„
preferred (quar.).Belding Heminway Co. (quar.)————
12 Vic
3-
15c
7%
Machine_'-.__^**—*iI_*i—__
Chicago Rivet &
.3-
'4- 5
Mills, Inc., common (quar.)
—
15c
cumulative convertible pfd. (quar.) _.
37 (4C
Mfg. Co.————
—-—37(4c
Belding-Corticelli
2-26
3-
.
$1
—
3-
7/2c
of
Co.
Barber-Ellis
2-15
Extra
3-10
J12VaC
Bank
1
3-10
75c
(quar.),*
(Consolidated) (quar.)
*—.**'***Chestnut Hill RR. (quar.) __*'——;
'
Chicago Corp., $3 preferred (accum.) _*_*_*
2-15
3-
•
3-1
3-15
;f„3- 1
5c
"f' Per,--
1 '•
r>
'. '
;•
'.»%
Name of Company
1
3-
3-4
$l!/a
Chesebrough Mfg. Co.
2-19
3-12
convertible preferred (quar.)
—
Baldwin Locomotive Works, 7% pfd. (s-a)**,.;,,.,
Baltimore Radio Show, Inc., common (irreg.)
>
<6% preferred (quar.)——4——,_****■-'•;
Bangor & Aroostook RR., $5 pfd. (accum.)*
$5 preferred (accum.) ————i,.:
Bangor Hydro-Electric, 6% pfd. (quar.)
Bank
75c
*—*'
15c
25c
1
.■v"
of Rec.
3-10
3-15
4-1
12-15
4- 1
4- 1
3-31
3-31
75c
■,.
.
:**k*
Chesapeake & Ohio Ry., common (quar.)***
non-cumulative preferred A
Holders
When
.
Payable
$1
25c
Strip (irreg.) —
Fibre, common Jquar.) *v
preferred ,(quar.)__1
Master Manufacturing.**:
4To
.
share
Chefford
1
$1.65
-77c
per
.
. nrs
"
Chamberlin Metal Weather
Champion Paper &
3-15
41V4c
$1.05
5c
15c
$1/4
$1(4
$1(4
preferred (quar.)—+f ,,4
of Montreal (quar.)—-—
—+$1(4
»*.•■»' 5 *• r •
4
2-20
<
2
20c
25c
,;*4c
50c
*-**-u—
...
—*
Corp.
Gold Mines, Ltd.
Aunor
(
n
Name of Company
1
8-
7°c
75c
-
—*****,
5-
11-
r...
•,
6%
15c
25°
Co.—,——r—*•--- *
Powder
Atlas Tack
;__**■***
1
i.i
3-12
1,
4-
62 (4c
62 (4c
62Vic
(irregular)—
common
preferred (quar,)
Atlas
•
Co.
Refining
Corp.,
6 %
Atlas
(quar.)
preference
prior
$2.50
3"
<
(quar.)———*->-*
(quar.)-.
——
$2.50 prior preference
Atlantic
♦
.
I-','.,
>
of Rec.
$1(4
-t
>
Holder$
$4(4
(s-a) — —
(quar.) —
Charlotte Air Line Ry,
Light, 6% preferred
Atlanta
Atlanta
When
Payable
,1 yPm:'
/"
Name of Company
Monday, March 1, 1943
COMMERCIAL & FINANCIAL CHRONICLE
THE
812
Monthlyj***—f
$1
$1.25
50c
25c
25c
75c
$1.06(4
62c
4- 1
2-15
2-15
3- 5
3-13*
3-15
3- 1
2-15
3-15
3- 1
3- 1
3- 1
3- 1
2-23
2-23
2-20
3-15
15c
3-26
3-16
ir 15c *: J:4-30 ;-1 (4-^0
\
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4155
157
When
Per
Name of Company
Hilton-Davis Chemical Co.
Hinde
Dauch
&
5%
preferred
Paper Co.,
common
(quar.)
E.) Co. (quar.)——_
Hires
(Charles
Hobart Manufacturing Go. class A
Hollander
&
Holophane
Son,
Co.,
common
$2.10
preferred
(s-a
(Henry) $1.80 class A
Honey Dew, Ltd. (quar.).
(A.
C.)
(accum.)
Steel
Co.
Imperial Varnish
—25c
3-12
2-25*
3-15
3-
50c
3-15
2-26
New England Tel.
5-
5
New
York
8-5
New
York City
3-
2-15
1
Co.
(irregular).
preferred
1
2-15
6 %
preferred
(quar.).,
$ 1 Va
8-14
1
2-
9
6 %
preferred
(quar.)_
11-15
5
$ 1 Va
25c
$l3/4
3-20
3-
4-
1
3-20
ManisChewitz
3-
1
2-15
Mapes Consol. Mfg.
Manhattan Shirt Co.
3-31
3-
See
Field
Masonite
1
3-
1
2-23
3-
1
2-11
3-
1
&
(quar.).....—A—
(quar.)..^
3-31
3-22
May
2-25
McCahan
3-
2-
1
8
McEwen
1%
} 3-
2-15
1
3-
Kaiser
3-31
3-
5
3%
3-31
3-5
1
1-30
3-31
—
Mines
2-22
2-18
Noranda
3-
1
2-
1
Norfolk & Western
6-
1
North
Nonqultt Mills
5*
1
1
held)
preferred
1
1-30
2-
2
5%
preferred
(quar.).
6
2-
2
5%
preferred
(quar.).——
3-
1
2-18
5%
8-
1
2-18
6 %
preferred <quar.)
preferred (quar.) ___'
6%
preferred
6%
preferred
Industrial Credit Corp. of Lynn,
l'/o
preferred .(quar.)
Ingersoll-Rand Cq. ___
i
Inland
Class
4-
1
2-19
Merchants
Merck
25c
3-
1
2-
3-
1
2-
8
$l»/2
3-
1
2-
8
$1
3-
3
2-11
50c
3-10
2-27
3-10
(quar.)
com.
u.—_
—
Co.—i
Securities
Corp.,
B
'
4 %
preferred (s-a)
International Business
class
A—
50c
Machines
—*—
International
4-
3-26
5%
4-15
2-
$1%
.:
1
50c
60c
3-
1
75c
3-
1
preferred (quar.) ________$1%
Interstate Hosiery Mills (quar.)
25c
Intertype Corp. (irregular)
——J—
25c
4-
1
(reduced).
7.%
Fireman Mfg., common
Common
(quar.)
(quar.)
Common
Air
Machine
Chute
preferred
Johns-ManVille,
1%
Jones
Laughlin Steel Corp., common
Class A (quar.)
class B (quar.)—
Kalamazoo Vegetable Parchment Co.—_',
cum.
Kansas
City Power & L.gnt,
Kansas
Eiectric Power,
5%
$6 pfd.
pfd.
convertible
pref.
7%
4-
3-15
$114
4-
3-15
participating preferred
Otis Elevator, common.
$iy2
4-
3-15
preferred
(quar.)_——
series of 1940 preferred (quar.)
junior preferred>.(quar.)._2—*
8%
A
Steel
(accum.)—
Products
Co.,
&
Hart,
5
3-
5
1
3-
5
3-15
3-
4
4-
1
3-13
$114
4-
1
3-15
7%
(quar.)
preferred A (quar.)„
4-
1
3-15
6%
preferred B
3-15
3-
1
25c
■
3-12
3-
2
Common
5 %
preferred
Mitchell
3-15
Molybdenum Corp.
1
2-10
Monarch
2-26
7%
3-
Special
3-10
$1
3-
1
2-18
2-18
•
$1
4-
1
$1.75
3-
l-»,
2-13
$1.50
j—
4-1
3-18
3-
2-19
1
Life
Insurance
Monroe Loan Society,
pfd.
Monsanto Chemical Co., common
3-15
$1V4
3-1
(quar.)— 1
3-
$4.50 preferred A (s-a)—2*$4.50- preferred B (s-a)___.—2_—2
3-11
2-26
% 3-13
2-26
6 %
special preferred
(quar.) ——ui—15c
Kroger Grocery & Baking common (quar.)—
50c
6% preferred (quar.).
...
$iy2
7%
Lake
2nd
preferred
Shore
7%
the
Woods
preferred
Lamson
4-17
Morgan
$20c
3-15
3-
Morris Plan Industrial Society
$iy4
3-
1
t30c
3-
1
2-15
$$1%
Milling,
com,
3-
1
2-15
&
Loan
10c
(Hamilton,
p:4-X:
2-15
3-
5
3-20
;
$$1
_—
(J. P.)
4-
1
Morris
3-15
Mfg.
Muncie
Water
$7
Works,
5-15
5-
5
Murphy
8-
6
25c
1%
preferred
preferred
(quar.)
7%
Lang
(John A.i
& Sons
.' Extra.
Lane
Bryant,
Lane-Wells
?■
(quar.)
(quar.)__
Co.
$30c
4-
1
3-
3-
2-15
2-15
conv,/preferred .(accum.).$$1
2-23
2-17
3-11
3-
(accum.).
$50c
preferred
preferred
Savers
&
Class
I'.'n
B
Corp.
preferred
Lincoln
7%
Corp.,
preferred
participating
Lincoln
7 c/o
Service
prior
6%
Stores,
preferred
Linen Service
6Va%
9
2-
9
$1
50c
$1%
v
:
>
(quar.).
'
,
common
(quar.)
(quar.).—
'
'
;
3-
1
2-11
Pfizer
3-
1
2-15
Phelps Dodge Corp..:
Philadelphia Co., 5% non-cum.
$5 preference (quar.)
2-15
Paul,
.
common*..**.
2
& Co.
3-15
>
3-15
■
1
3-
4-15
8
3-22
3-
1
4-
1
3-19
3-31
3-20
2-19
4-
3-11
4-
1
1
3-11
3-10
3-
3-
1
2-18
25c
4-
1
3-15
50c
1
2-20
35c
3-10
40c
(quar.)
3-10
2-25
25c
$114
(s-ai__
3-
1
2-10
4-
1
3-
4-
1
3-
2-23
4
2-21)
20c
3-
1
2-11*
$114
3-
1
2-11*
$112
15c
3-12
4-15
3-29
4-15
3-29
preferred
(quar.)
$1 Va
5-
1
4-15
preferred
(quar.)__'__i—$1.0614
5-
1
4-15
——■
3-
1
2-10
Phillips Petroleum
25c
3-
1
2-15
——
30c
4-15
3-12
(quar.)——
$1
Phoenix Hosiery Co., 7 V* 1st pfd. (ac.cum.)__
Phoenix Insurance Go. (quar.)
Photo Engravers & Eleotrotypers (s-a)—___
i;
4-
3-24
1
,
2-27
75c
$114
414V*
•
—
■;
1
3-
-
1
$ 1V2
pfd.
(quar.)—
Extra
•2-13
1
;'/
Philadelphia Suburban Water, com. (quar.)_
6 V*.
preferred (quar.)
Philco Corporation
(irregular)
Philip Morris & Co., Ltd., common (quar.)_
2-15
3-
1
1
4-
$114
'
Quarterly
12-16
3-
4-
Philadelphia Germantown & Norristown RR.—
6-17
9-16
50c
•
,
4-
$1,0614
i
____________________
3-18
*
1
2-11
1
414V*
-'
■
,
(quar.)l
Brewing
(Charles)
2-
2-20
25c
(quar.).;
Inc.
1
3-
$ll4
iquar.)_____
common
Pfeiffer
Co.
3-
1
$314
3-
4
2-17
50c
(quar.)
4-
1
3-15
50c
2-
5
$50c
3-
1
2-15
25c
7-23
(quar.)
*
1
Pillsbury
Pilot
$5
8
4-
1
3-12
(quar.) 1.
National
2c
—
8-
-
Quarterly
—2c
Folding
Box
Co
50c
Grocers Co., Ltd,—
pref. (quar.)
National Gypsum Co.. $4.50 pfd.
(quar.)
National Lead Co., 7l!o preferred A (quar.)_.
National Life & Accident Insurance (quar.)_
-Extra
.2
National
$5
Linen
Service
preferred
Nntinuoi
National
3-
2-23
Nation*1!
3-
1
2-23
National Union
3-
1
2-20
3-
1
2-
&
—2-.——
$7 pfd.
preferred
3
2-13
3-15
2-26
3-
1
2-
9
65c
4-
1
3-
3
75c
20c
Co.
•;
preferred (s-a).
(quar.)
preferred
(quar.)__—
preferred
4-
1
3-15
3-
1
2-18*
6%
Pratt
3-
1
2-20
Preferred
3-
1
2-20
Power.
preferred
Powdrell
2-27
$1V4
(quar.)—
25c
&
$1V4
7-31
8-16
50c
4-
1
3-15
3-
7
2-
8
3-
7
2-
8
$134
3-
1
2-13
$1V2
3-
1
2-13
Steel
5%
1st
5V*
2nd
Procter
&
Dome
Gamble,
2-20
1
3-15
3-
1
2-15
3-
1
2-15
3-
1
2-15
15c
3-15
40c
4-
3-17
3-
3-
2-19
(quar.)—
70c
Mines
5%
Proprietary Mines, Ltd.
1
1
3-
1
3-15
3
75c
common...
preferred (quar.)—:
preferred (quar.)—.
Preston East
1
4-
20c
—
(quar.)
Car,
10
(quar.)—,
common
$3 preferred
3-15
Inc.—————;
Accident Insurance
Prentice-Hall,
Pressed
3-
: >•
2-16
$14
(quar.)———
2-19
1
1
$134
(quar.)—
Alexander——
Lambert,
&
4
3-
$1%
$2V4
374c
(quar.)————
pfd.
4-15
$4.1214
preferred (accum.)—
54%
3-25
75c
(quar.)—;
Chocolate
&
Potomac Flee.
2-20
$ 1 Va
(quar.).
Nut
2-20
$1
7r'n
7 9*
1
3-13
preferred
Poor & Co., $1.50 cl. A
1
3-
__
prior pfd. (accum.)—
Pittsburgh, Youngstown & Ashtabula Ry.'—
3-
25c
(quar.)
Fashion
convertible
3-
27J/2c
25c
Fire Insurance
Co.
3-
$1%
$214
Casting—,
& Type, 5(4
Power
3-15
—__________
Steel
1
Nebraska
3-25
1
$3.50
—
Standard
1
4-
(s-a).
Co
Extra
6%
Corp.,
(s-a)
M^heal^e
Oats
'
—
4-
J37V2c
$lVa
—;—_
Mills
Flour
Full
Planters
$1.50
National Paper
3-15
Co.,
10-20
National
4-1
Milk
3-
3-15
50c
3-1
1
2-27
3714c
(quar.)
3-15
3-
1
3-15
25c
$1
Co.__—
Stove
Pfaudler Co.,
12-28
2
3-
$1'
2
9
$l5/a
Circle
Perfection
yS/ 414 V* preferred
3-27
3-
3-15
$114
Perfect
9-28
2-26
3-13
$l3/4
(quar.)
preferred (quar.)
$5
Peter
.
3-10
75c'
'
8-26
l;;:
2-28
2-28
$114
/
5-26
3-
2-18
3-15
3-15
$1.2714
10-30
9
5
3-18
75c
_____
15c
Welding Machine
Quarterly
50c
(quar.)
conv.
Pittsburgh Steel, 514 V*
30c
(s-a)_
1
30c
(quar.)
11-25
1
6-28
(quar.)———
Products Corp.
Electric
$1%
$5 pfd.
4-
■'
Pittsburgh Forgings Co. (quar._
Pittsburgh Nat'l Bank (Pa.) (quar.)________
Cylinder Gas Co.
$2.50
(quar.)
(quar.)
3-18
$1.50
(accum.)
Fenick & Ford, Ltd. (quar.)
Penn Electric Switch—
4-21
1
1
!
1
$$1
*
1
2-
2-27
3-10
4*
4-
$$1%
(quar.)
2-11
«$l'/2
(quar.)—
Paper
Chicago
common
•':5-
2-
3-12
$iy2
preferred
2c
2-
37y2c
30c
•
Pittsburgh Coke & Iron—
1
2-27
4-15
...
2-27
1
2-27
—
2-20
1
3-12
(quar.)J;
preferred
2-17
3-27
(quar.).
3-
3-
3-12
common
1
3-
25c
(quar.)
1st
Inc.,
4-
3-
87y2c
common
50c
wuar.)—
V*.1 preferred'. (quar.)
Pictures,
4-
'' ■.? $1
cumniun
gos.,
$$1V4
3-15
2-19
10-25
3-15
(quar.)..
3-24
3-10
1
6-19
1
Tubes
20c
15c
11-
6-19
6-30
20c
National
30c
5-24
6-30
—r-
2-11
1
5-31
4-17
National Dairy
7-26
2-20
1
National
d-SU
1
5-
2-20
3-
3-15
3-
Mills, 64 V* pfd. (s-a)
Pittsburgh Bessemer & Lake Erie RR (s-a)_
3-13
1
3-15
1
4-17
2-20'
1
2-20
1
4-
'
:
3-
1
8-
1
4-
Development
Co.
1
5
5-
3-
25c
Oil
&
'
5-
3-15
3-15
6c
50c
Indemnity
3-15
3-
30c
(resumed).
(quar.)_^_—.....I.
Gas
2-19
A
4-
2
2-15
2-25
City Lines, common (quar.)—2—
25c
(quar.)——
50c
$3 convertible preference <quar.)22—____ *:
75c
National Container Corp...
—25c
Class
3-15
3-1
2-17
5
1
75c
$1V2
—
Fibres—
of
1
3-
$6 preference
Co., common—
Bank
2-23
15c
3-
National
4-. 1
30c
1
Blvd.
3-20
2-27
1
3-10
50c
6%
convertible preferred
(quar.).
National Bearing Metals (quar.)
National
2-23
1
v3-h
$2
(quar.).—
Coated
2-27
3-20
(quar.)__
$5
1
1
75c
&
Automotive
2-15
3-15
$lVa
1
6-
$1%
Mills
Gummed
1
3-15
20c
20c
(quar.)—2—'
$iy2
6'/o
(quar.)__2'_*__2—$1V2
Nanaimo-Duncan Utilities, Ltd;—
6V2% preferred (quar.)——_———'
t81V4c
National
3-
433/4c
(quar.)
Peoples Drug Stores (irregular)
Peoples Gas Light & Coke, (quar.)—.-——
Peoples Water & Gas, $6 pfd. (quar.)
of America—
(quar.)
Nashua
2-15
$1V2
12V2c
_______
9-
(quar.)_*_*__2_-_*2222V'—
3-
37'/ac
(quar.)_
——
2-23
/
1
\
preferred
Nashawena
1
3-
Pet
—
preferred
preferred
preferred
75c
(quar.).
1.
(Ind.)
3-
3-
$1
(quar.)
6%
6%
3-
iquar.)
(irregular)—
$1V2
6%
3-15
$1 %
Corp. of Texas,
preferred
2-
1
25c
(quar.)
Link Belt Co., common
2-15
1
3-
pfd.
conv.
preferred
Common
2-28
2-15
3-15
; ;v;.
(quar.)
Chemical Co,
75c
preferred
Inc.,
1
3-
62y2c
'
—
3-
25c
$iy8
......
—
3
class A
40c
common
Cup Coi'D..
Nat'l Life Insurance
Quarterly
3
12-
$20c
.
(quar.)_
Quarterly
9-
12-11
$2
Mutual
25c
(Tenn.)
Co.
National Biscuit
(quar.)——
Lily-Tulip
Lincoln
3
9-11
f50c
(quar.)——.
Myers Tobacco,
(quar.)
6-
3
t50c
$2.50 preferred .(quar.)—
Mercantile (quar,)_____
Libby-Owens-Ford Glass
Life & Casualty Insurance
6-11
t50c
•
,
(accum.)
Lehigh Portland Cement, 4% pfd.. (quar.)—.
Salt Co. (quar.)—;
Lexington Water 7% preferred (quar.)„^___.
Liggett
1
1
,
Leslie
Life
1
3-
3-15
convertible
D.)
4
1
! ,25c
Laura Secord Candy. Shops (quar.)
Le Tourneau (R. G.), common (quar.)——
(H.
4
4-
„.
(accum.)^—-ri;
Lee
5
9-
12-
25c
preferred
convertible
Leath. &
6-
9-15
fl7y2c
,
convertible
$4y2
6-15
/
$1%
7%. convertible preferred (accum.)——*
!% convertible preferred
Tfr
5
12-15
$1%
.
Co.
Langleys Ltd. 7%
7%
$1%
;
———•
Inc.
5
3-
(G. C.)
2-20
$1.75
.
""
$ly/4
(quar.)—
——
11-
3-15
3-15
3-4
:
$1V2.
$1
Muskogee Co.„ 6% preferred (quar.)
Muskegon Motor Specialties—
11-15
2-27
(quar.)———
8-16
(quar.) _______________________
preferred (quar.)_„
preferred (quar.)
3-15
$l%-2
■■
$31 y4c
preferred
25c
7 V*
2-27
pfd. (quar.)
pfd.
8%
2-20
1
(accum.)
12-
25c
7%
3-15
(quar.) .2.—
Common
(quar.)
$1
!
——u—_*2_—.
Corp.,
pfd.
Cement Corp.—
preferred series A (accum.)
Pennsylvania Electric Co.—
5.10 V*. preferred A
(quar.)_____
/Pennsylvania; Salt Mfg. (irreg.)
Pennsylvania State Water, $7 pfd. (quar.)
Pennsylvania Water & Power-
5-10
—**——
Corp
2-20
3-
50c
4-
$7
5-10
.2—____—__2.2———$1
Wheel
1
3- 1
58V3C
Pennsylvania Dixie
5-10
6c
Common
Machine, common
(quar.)
1
1
1
—___—
Acceptance Co., 6%
Motor
6-
(quar.)._—.
(Philip)—See Philip Morris.
Motors
3-
$1.20 preferred class A
2-10
6-
(irregular)
& Co.
Quarterly;
:v":Quarterly
Mullins
Ont.)
'
Landis
.
3-15
62y2c
•___
Towing Corp.
Quarterly
/
(interim).
(quar.)
Banking
1
Moran
1
"2-25
'
■■
6-
•
(quar.)
1
(quar.)..
Sessions, common.
preferred (quar.)
(quar.)
Mortgage
3-13
5-
&
$2.50
Landed
&
1
,
of
Montreal Loan
1
5
1
$2,25
(quar.)—
3-
2-
41%c
(quar.)
Peabody Coal Co., 6 % pfd.
8
$2.25
(quar.i—.
common
$i3/4
Lake Superior District Power Co.—
5 %
preferred (quar.) —.
Lake
2-26
preferred (monthly)
3
9
4-
7%
1
$2
4-
(quar.)
Mines, Ltd.
3-13
50c
(s-a)
preferred
2~
$15c
Paton Mfg.,
(quar.)—343«c
$4
Ltd.,
1
__
2-20
87V2c
2-25
Cottons,
3-
1
1
3-11
$1V2
Montreal
SlVa
3-
•4-
3-
40c
3-
2-11
(quar.)___.
2-10
1
_
2-17
3-15
3-15
2-20
4-
...
1
25c
(accum.)
2-20
Monroe Chemical Co., $3.50 preferred (quar,)
2-17
common.
3-26
'
1
2-19
3-10
Co.
3-22
1
3-
'
1
3-
3-
H.)
3-31
4-
7Vic
1
$3
Stores, common—25c
,7% 'preferred (quar.)
v
$1%
(S. S.) Co. (quar.)
;
^ 25c
(S,
2-13
1
3-
'
(s-a)
2-
Kress
2-19
3-
$iy4
6%
1-25
C
A
preference (accum.)...
Sugar Plantations (quar.)
Paramount
2-23
preferred
3-18
3-
3-
1
2-24
1
3-10
3-
1
—
1
4-
37V2c
(irregular)
75c
Spinning Co.—$1
3-20
...
3-
87V2c
$$1V4
v4
■
4-
Kresge
$$lJ/2
Parker Rust-Proof Co
2
Kobacker
,
2-19
Parkersburg Rig & Reel Co., com. (irreg.)
25c
$5.50 preferred (quar.)________________■$1%
Paterson-Sargent Co.
25c
3-
8
2-19
I
2-15
3-
1
1
3-
2-19
3-15
(quar.).
3-
$1V2
2-26
;
3-15
Emil)
(D.
2-20
$l3/4
1
.y r
*
25c
Klein
1
1
Monarch Machine Tool Co.
1
2-20
3-
3-
Monomac
Electric, 7%. pfd. (accum.)—
Kinney Mfg. Co., $6 non-cum. preferred....J
2-15
3-
2-
Key West
1
3-25
3-5
t$7
of Amcr.
Knitting Co., Ltd.—
(accumulated)
preferred
Monarch
3-
3
25c
12V2c
$l'/4
2-27
1
2-24
t$2J/a
•
(quar.)—.,—
3-3
2-26
3-
3-10
$1V2
7%
common
Paper Co.,
Paittii.ine
3-18
3-15
;
3-10
50c
______
(quar.)__
preferred
Co.,
6 V*
Page-Hersey
,
25c
3-31
Sand
Extra
2-18
1
3-
87!/2c
25c
5
$1
(monthly)
(monthly)
Pacific
2
■
Kentucky Utilities, 7% Junior pfd. (quar.)_
Keystone Steel & Wire Co. (irregular).—
4Va%
Pacific
3-5
$1.06
.
& Co.—.
1
Co.
Ltd,,
Paahau
1
3-12
2—..'
Voehringer Co.
3-
25c
3-10
Machinery
(quar.)
50c
Pacolet Mfg., common
(quar.)
40c
1% preferred series A (s-a)
$3V2
7% preferred series B (s-a)$3V2
1
■,;.V 3- 5
44*;: 1 <:t. 3- 5
common—25c
3-31
$l>/2
___
Power
class
preferred
Oxford
4-
50c
•
(quar.)
S.)
$2y2
6%
3-15
4-1
•
(quar.)—.
4-
$1.75
(quar.)———
(J.
Judson,
3-10
1
■
3-
50c
—
Mock,
3-
1
4-
Package
4%
Utilities,
1
4.
75c
6%
/
(quar.)
2—.
preferred series B (quar.)
414% preferred series C (quar.)
Mississippi Valley Public Service Co.—
;
3-
1
4-
Missouri
4-
'•
...
preferred (quar.)_____.
Ottawa Light Heat & Power, com.
5%
preferred (quar.)_
50c
Common
6
4-
$1V2
——
r
Minneapolis-Honeywell Regulator—
',--2
of
pfd. (quar.)
4-
5oc
$2
■
(quar.)
(irregular)..—
prior pfd.
$1
$1 Va
Copper
common...—
(quar.)
cumulative preferred
non
1-26
shares
$1
3-15
:-
25c
;
Confection,
Ohio Public Service 5V*
'
4-
$l'/4
(quar.)
$6 partic. pfd.
6
$1 Va
2
Corp.,—
preferred
3-10
(quar.)—
convertible preferred
Co.,
$134
(quar.)
50c
(Julius) & Co
—_——
Keith-Albee-Orpheum Corp.—
Kennecott
Oneida,
Midland
2-15
2-20
$25c
$$l3/4
Okonite Co..
$1.25
Kayser
Kendall
>
2
2-27
Corp.
(quar.)
Ogilvie Flour Mills, Ltd.—
•
,'V'
Ogilvie Flour Mills, Ltdf, common (quar.)__.
17o preferred (quar.)__.
2-20
1
2-15
—-
preferred
3-
3-19
Nu-Enamel
2-15
3-
2-23
$3
Co., $4,50 preferred (quar.)
Kaufmann Department Stores—
3-10
•
r''
3-
Oil
3-10
$$1.50
3-
convertible
1
(quar,)____,
Ohio River
Miller
Katz Drug
5%
——SlVa
preferred
2-20
$2
11-
Nova Scotia Light & Power Co.—
'
1
4-17
(quar.)
2-20
3-
3-
(quar.)
1
preferred
3-24
15c
3-
preferred
$6
V
1
2
11-15
15c
79*
Midland
8
2-26
share
5Q
Utilities, 6% pfd. (quar.).
7V* pfd. (quar.)___
;VV; 6 9*
ill-lO
58-
3-15
Norwich Pharmacal Co._._
Northwestern
2-28
5-15
8-16
$2Va
Norwalk Tire & Rubber,
2-20
2
5-1
—
3-20
1
6V*
(quar.)
preferred
3-10
50c
'
$1.25
____
3-.20
1
3-
2
3-20
cum.
1
4-
2
40c
&
5%
5%
;
4-
3-
1
J50c
3-12
25c
Northwestern Public Service, 7%
6 % preferred (quar.)
3-
1
,3-17
J
3-
4-
1
3-20
1
12-
4-
6-20
1
1
6r/c
—_$l3/4
8
1
8-10
9
3-24
$1V4
4-
1
2-
(quar;j_._
preferred
4-
50c
(quar.)—
74-
5%
4-
9-
1
(quar.)—
(irregular)
$13,4
30c
3-
5
(Wise.)-—
$l1/a
$134
$1%
$1V2
' 25cl
$1.06'A
,
(quar.)
9-
Co.
Ohio
6%
2-26
5
Gas
2
-
5
30c
SlVa
(quar.)...—
Natural
3-
5-10
3-10
9-
preferred
1
1
35c
(s-ai_
Northern States Power Co.
4-
6-
3-
Northern
6-
SI'A
preferred
1%
3-10
9-
3-
5
Ohio
2-23
2-
(quar.)
Ohio Oil Co.
3-10
1
(quar.)
2
1
3-
3-12
Electric—
3-
1
;
&
3-20
3-
50c
Water
3-
3-
,
Insurance
5
:
preferred (quar.)—
prior preferred (quar.)
——
pr'or preferred (quar.)
—
Meyer (H. H.) Packing, 6Vav/o preferred
Michigan ConsoPdated Gas, 6% pfd. (quar.)
Michigan Public Service Co., com. (quar.).4
;
2-
....
1
3-10
25c
___
common
preferred
3-15
—i—30c
(quar.)—
Co
Jefferson Lake Sulphur, 7% preferred
Jewel Tea Co. common (quar.)—
4(4%
7
—
common
$7
3-17
1
(quar.)'7174c
4-
30c
(quar.)——
——
(quar.)
Irving
Jaeger
2-18
3-
}$1
(quar.)
$6
1
2-19
■
2-19
$iy4
25c
each
3-31
30c
Iron
Common
3-
3-31
for
3-10
$6
Quarterly (U. S. funds less Canadian tax)
International Safety Razor, class A (quar.)
River
1
3-26
(annual)
(one
common
stock
3-5
$1
$12V2
(quar.).—...
(quar.);
preferred
$4
2-19
1
2-
Corp.—
Co.
$7
5
International Nickel Co. of Canada. Ltd.~
International Silver Co., common
Gas
common
6-
(quar.)
81V4c
Metal & Therm.t, common (irreg.)
—
35c
7% preferred (quar.)——$l3/4
Metropolitan Edison, $5 pfd.- (quar.)——j$1V4
3-20
3-
9-
3-
'
Northeastern
$3.25 participating preferred
3-10
50c
North
6-
...—'
preferred
preferred
5V4%
(s-a)——
Metal Textile Corp.—
30c
3-
5
3-10
$1
30c
....——2
3-15
—
5
6-
$3
25c
$ll/a
$1.31 V4
Chicago
common..*
Merrimack Mfg. Co.,
2-19°
—
of
3-
(resumed)—
(accum.)*...
_4———
Co.,
2-27
1
3-10
(quar.)—-
Cigar. Machinery
Harvester, common
7%-preferred (quar.)
International
Bank
G%
2-19
3-31
3-13
(quar.).__
30c
30c
:
—___r-_——
preferred
Merritt Chapman & Scott—
6Vz% preferred (accum.)
$1VV
(quar.)
(reduced)
Nat'l
&
4Va%
8
87l/2c
________50c
Steel
Inter-Ocean
:
20c
$iy4
5%%
2-15
1
3-
3-10
$1.27'A
&
North Pennsylvania RR. Co.
—,——
—
3-12
3-10
l_
_____
common
2-15
1
25c
25c
(quar.)——^—————
(quar.)
1
25c
(quar.)—i—li
2-20
3-
3-
$1.50
$1.37y2
(quar.)_—
A
1
2-15
50c
(irregular)
Ry„
preferred
cumulative
$5.50 cumulative preferred B (quar.)——
Mercantile Acceptance Corp. of Calif.—
4-15
50c
Co,,
Edison
2-13
1
50c
i
American
Detroit
1
1
5-
50c
Ltd.
3-
3-
3-
$l3/4
...
—_—
Mines,
3-16
50c
(quar.)
(quar.)
Noma Electric Corp.
1
2-26
50c
>
Class A
1
2-16
3-15
2-27
$1 Va
(s-a)
(increased)...
'(quar)___.
2-26
6
'
A
3-15
3-
1
Class
3-12
3-
3-
5
1
35c
Corp.
Insurance
3-
(quar.)_*—
3-
$1
2-15
1
Life
3-
50c
Co._____
Electric
J3c
Mines
2 V2 %
'
2-15
3-
World
1
$iy4
com.
Niagara Share (Md,), 6% preferred A (quar.)
Niagara Lower Arch Bridge (quar.).—__—
Nineteen Hundred Corp., class A
(quar.)
2-15
1
3-
$55^0
Gold
7 Va %
Quarterly
3-
State
preferred
$55V2c
2 V2 V*
$37V2c
York
5.10V*
Sl34
(quar.)....
3-
$12>/2c
New
3-
*—r—
—
Loan Assn.—
3-10
Co.
Omnibus
common—_____—15c
Corp.,
$6
3-15
3-20
iquar.)_____—25c
Co.
(accurrt.)
Red Lake
McKenzie
Mead
1
Sugar Refining & Molasses
(W. J.)
preferred
Mclntyre Porcupine
Quarterly
5
$10c
2-15
3-19
4-
25c
$1.12V2
35c
75c
——
(quar.)
May Department Stores Co
3-10
1
1
Brake
4-
$iy4
'
N. Y. & Queens Elec. Light &
Power, common
<
$5 non-cumulative preferred, ,(quar.)
*
Co.
2-11
,
3-
Air
Tel.
&
of Roe.
60c
(quar.)
(N. Y.)
(irregular)
Jersey Zinc Co.
New
common
Electric
5
11-
4-
50c
New
Co.—
preferred
Master
(quar.)._.
(quar.).—*
(Marshall) & Co.
Corp.,
4'/2%.
(quar.)—
7% preferred
(B.)
Marshall Field
3-2
4-1
|15c
_'
5-15
$iy2
(quar.)
33-
1
Holders
3-15
37'/ac
$5 convertible preferred
New Amsterdam Casualty
(quar.)25c
1 \
Colour, com. (quar.)
partic. pfd..(quar.)
preferred A
1
Products
Metal
'
5 V*
6
Magma Copper Co
Magnin (I.) Co., 8%
$1.50
___
Indianapolis Water, class A
1
3-
Lvon
'
&
convertible
2-
Payable
25c
...
Mining Corp
Electric Corp.
Lukens
—i.—_
Indianapolis Public Welfare
3
3-15
A
3-15
7V2%
deposit rets, for ord. regis.—
____
Newport
(irregular)
Newport News Shipbuilding & Dry Dock,
3-
3-
$2
(quar.).
3-15
$2
Explorat'on...
RR (irregular)—.—
Manufacturing & Sales
________
_
Extra
Newmont
5Co
3-15
—
Extra
2-17
2-17
2-13
62,/2c
,—.
,
&
1
1
Nashville
Ludlow
68%c
preference (s-a)
;
Imperial Tobacco of Great Britian & Ireland
$1V2
&
33-
(quar.)—;
Co., common (quar.)
preferred (quar.)—
(J. J.)
$50c
(quar.)
(interim)
6%
Amer.
Land
Louisville
3-15
5
Newberry
1
——
Ordinary registered
Louisiana
(quar.)
3-
1
50c
preferred
preferred
is-iO
$iy2
$2
10c
(quar.)...
I
1
;
Illinois-Iowa Power Co., 5% pfd. (accum.)—
Illinois Municipal Water Co., 6%. pfd. (quar.)
Imperial Tobacco of Canada, ordinary (final)
Ordinary
2nd
1st preferred
6%
3-
5
$1%
Assn
8%
Taylor,
i-jc.
'
1
When
share
Neisner Brothers, common
4-
(quar.)
Brewing
2-15
&
Name of Company
2-10
4-
...
Park
1
Lord
Per
0) Re0.
1
3-
—,
Hyde
6
2-15
(quar.j
Holders
3-
25c
partic.
Hussmann-Ligonier, 5Vs%
3-
1
B
Glass
4-
Hardart
preferred
When
Payable
J25c
Co., Ltd., class A (quar.)
3-15
*_
7 V*
1
3-
6%
non-cum.
&
6
3-
non-cum. pfd.
(quar.).
45c
preferred (quar.)—
8%c
(N. Y.), 5 V* pfd. (quar.)—
$l»/4
Houdaille-Hershey, class B (irregular)—f
25c
Class
A
(quar.)
—62!/2c
Houston Light & Power (monthly) _________
30c
Houston Natural Gas, 7% pfd. (quar.).
87l/2c
Humble Oil & Refining
37 V2c
Hummel-Ross Fibre, 6% preferred (quar.)—
$lVa
Hunt Brothers Packing, 6 V* pfd. (quar.)____
15c
Huntington Water, 6%, preferred (quar.)—_
$1 '/a
7c/o
Horn
3-
Loblaw Groceterias
$1.05
____—
——
1
4-
25c
_
Holt
Horn
(quar.)—
_____;
2-18
4-
(irregular)—45c
common
Per
Name of Comvanv
of Rec.
2-28
20c
25c
SI(4
30c
37'/2c
share
ttoiaere
Payable
Snare
(quar.)
813
(quar.)
pfd.
(quar.i
(interim)—
—
—
,
3-
1
2-19
25c
3-
5
2-13
3-
5
2-13
3- 5
2-13
614c
624c
$5c
4-15
3-15
$1V4
3-15
2-25
3-
2-15
$5c
8
1
THE COMMERCIAL & FINANCIAL CHRONICLE
814
Per
When
Payable
of Ree.
$ 1 7A-
4-15
4-
7-15
7-
5"
Public
of
Service
Indiana,
_
"
Southern
Railway Co., 5%
—aaa
2-20
3-
1
2-19
57c
non-cumulative,
2-15
5%
non-cumulative,
preferred-___
non-cum.
$1 %
3-
1
2-15;
Southland
41%C
3-
1
2-20
Southwestern
(monthly)
(monthly).:
50c
3-
1
2-20'
3-
1
2-20
8'%
preferred
7%
preferred
Service
Public
Common
of N.
Corp.
________—
3-15
6-15'
H4
preferred (quar.)
6% preferred (monthly)
f
10c
3-15
3-
Life Insurance
(Dallas)
4-15
4-13i
(irregular)-
preferred
25c
3-31
3-
$1.25
3-15
2-15
———
_______
1
Spencer Kellogg
Spiegel,
2-15
$4'/2
Inc.,
3-15
4-15
3-15
Staley' (A.
$1.75
3-15
2-15
Standard
$2.00
3-15
2-15
SIVV
3-81
3-
8
$1%
3-31
3-
8
$5
(quar.)——
prior
$5
prior
(increased)
Inc.
Pullman,
Bakeries
Purity
—.
Light—
(accum.)
/
Co.,
Packing
preferred
5%
(s-a)
Oil
of
Co.
Standard
OH
Co.
Standard
Oil
Co.
25C
3-15
2-26
'—
$2c
3-
2-20
(quar.)
517-20
,
V:
preferred
5(1..
Standard
5
Standard
Stoker
4-20
Standard
Wholesale
(Increased)-
10-20
2-26
Stearns
25c
3-
1
2-16
50c
3-11
2-18
Sterling
1
3-15
Stonega
4-
non-cum.
$1.60
non-cum.
(quar.)———
40c
3-1
Phosphate & Acid
Inc.
non-cum.
(quar.)
40c
6-
1
5-15
—
Reliance
Reliance
Steel
1
11-15
2-28
:
t$t%
Class
3-
1
2-20
preferred
Rand, Inc., common (interim) —
$4.50 preferred (quar.)
,—
Republic Aviation Corp. (initial)—
Republic Insurance (Texas) (quar.)—.
Republic Investors Fund, 6% pl'd. A (quar.)
1
2-20
Sullivan
25c
4-
1
3-10
Sun
4-
1
3-10
Sunray Oil Corp., 5'/2%
common—
$lVa
Remington
6%
Gas
5 %
Rolland
Rods
Paper Co.,
Royal
Bank
Iron
Lead
Joseph
St.
San
Schlff
Co.,
5y2-%
Scott
Swan-Finch
Swift
4-
2
3-10
4-
1
3-10
Special _____—
Swift International Co., Ltd.—
4-
1
3-10
preferred
$4
$4'/a
Seaboard
Oil
Second
4 %
Ltd.,
Co.,
Selby Shoe Co.
Serrick
2-11
$114
3-
1
2-11
95c
B
1
3-
1
2-15
57c
3-20
2-27
37V4C
3-
1
2-15
3-
1
1-30
3-15
2-27
50C
1
Sheller
Mfg.
50c
77c
1
2-11
Tennessee
$1%
4-
1
3-10
Terre
3-31
3-18'/
Tex-C-Kan
25c
3-10
3-
cumulative
40c
1
4-20*
Thompson Products, Inc.,
$ 1 7Q-
5-
1
4-20*
/
2-25
25c
3-15
75c
3-10
;••'
Tidewater
3-1
3-15
Tilo
25c
Timken
2-25
Tobacco
2-25
Toledo
3- 5
23c
3-15
"10cv;
'
3-15
87a
2-25
v
25c
1
2-11
17
12'/2c
3-10
2-26
Toronto
10c
3-22
3-
Trane
2
3-22
3-23
3-
$iy2
pfd. (quar.)
"
Trion Co.,
2-20
Canada—
£
AAA
$15C
54-
1
3-
1
S1V4
(quar.)
preferred
2-15
Tuckett
Tobacco,
Twentieth
"
4-
1
2-27
t20c
(s-a)—a
4-
1
2-27
$1.50
Union
Publishing—
preferred (quar.)
Car
75c
3-
1
2-18
preferred
United Aircraft Corp,
40c
3-15
2-18
United
3-15
2-12
pfd.(quar.)
87 72 c
3-
1
2-20
25c
>-• 3-25
3-15
Ltd.
Mines,
(quar.)— a—
——
50c
Sontag
Corp.
Chain
(quar.)
Stores,
preferred
—a__
preferred
Chemicals.
1,
2-20.
2-20
3- 5
2-15
2-25
2-15
United Gas Corp.,
(quar.)_.
■*./■/ 3—
1
2-15
United
4-
1
3-15
United Light &
_
50c
$2
(interim)
common
3-5
2-19
3-10
2-23**
3-
1-30
4-15
1
4
6%
prior
3-
1
4
67c
prior
3-15
3-
1
2-15
6.36 7c
preferred
'>
3-
1
2-15
6.36%
preferred
3-
1
2-15
7%
prior
preferred
convertible
30c
3-
1
2-15
7%
prior
preferred
67c
2nd
g $iy2
3-
1
2-15
United Gas Improvement Co., common____a_
$5 preferred (quar.)
3-3
2-20
United
N.
United
States Pipe
Southern
$2
Advance
convertible
Bag & Paper—
preferred
0',/
preferred
(quar.)
7%
preferred
(quar.)
Southern
57c
6 7r>
$l'/2
—
3*
3
2-20
$1%
—_a_
3-
3
2-20
California Water Co.—•
preferred
preferred
31V4C
(quar.)—
3-
1/
2-15
37V4C
—
3-
1
2-15
(Continued from page 780)
and
an
average
1
1
3-15
3-
$1,793%08
latter
at Aug.
included
Government
31.
and
loss
1942,
investments
and
of
surplus
net
of
the
company
current assets
$912,375
par
to
value,
amounted
$2,196,479.
comprised
to-
Dividends
been
of
$2
per
1941.
mainly
were
paid
in1
the
dividends of
the
current
fiscal
50
cents
fiscal
year
ended
same
year-.—-V.
141,
total
dated
net
and
Cart" Co., Ine.—-Annual
wholly
earnings
for
owned
1942
of
subsidiary
$5,052,955
after
provision
for
2-26
$2(4
3-20
4-10
"
consoli¬
income
run
profits
in
taxes
and
before
reserve
1941.
1942
a
income
cents
for
3-1
4-151
$1<
a_-_____Aa__
Woodward
Woolworth
(F.
(F.
SlVi-
Wright-Havgreaves
Common
WUrlitzer
$1.50
3- 3
3-
3
3-
3
$5.25
Yellow Truck & Coach,
Class B
a__
7%
preferred
/'
2-15
3-1
2-18
(final)
2-18
3-
40c
-
3--' l--/./
30%
(bi-monthly)___
.
/
4-
■
2-10
2- 5
1
2-25'
v
2-20
4-20'
1
12-18
4-1
10c
3-11
3-
25c
common....
'
3-1
:,5* 1//•."■
50c
_____a_.,50c
common
4
s3- 6
410c
(quar.)__________
2-13
•
25c
f.
25c
Mines,
4- 1
3-11
$134
4-' 1
3-11
f2c
3-15
2-27
50c
(quar.)
Young-Davidson
'
$1%
Co.
Co., common
2-15
2-13
3- 3
$7 pr'.or pref.(quar.)
Co.
(quar.)____
,'
(bi-monthly)
(Rudolph) Co.,
2-15
4-15
1
-
$1,75
Mines
2-15
I
4-30'
1
(accum.)__
W.)
3-
$4.50
(quar.)
& Co.. Ltd. (ord.)
10-15'
\
(accum.)
W.V
10-18
3r 1
y
$1.18%
(quar.)
Governor
.
7-15
8- 1
■■
$lVa
11- I
'//$1 / vjl- 1"
(quar..)A_
preferred
7-15
1
8-
"'
3-15
2-13'
1
3-1'
Ltd.-_^a___'__-__a__t''
Yotmgstown Sheet & Tube, common___
5 72 % preferred A (quar.)lA—_
'•
$1%
4-
6-19
5-31*
X Less 30% Jamaica income tax.
:■ /'.'..//: ■'
•Transfer books not closed for this- dividend,
••--■/'■va-/a/%/.'/;•/•
ton account of accumulated dividends,
50c
9-20*'
8-31*
tPayable
$800,000
for
reserve
/ \
11-30*
12-20-
50c
report
the
5- 1
2-27*
inventory
income
were
V
and
profits
excess
$11,852,955
in
tax
provision
compared
1942,
were
"have
with
features
per
Of
share
$43.34
a
directly
or
10%
less
affected
by
than
the
in
1941.
Results
numerous
business,
interest.
as
well
The
govern¬
the
At
shkre.
Of
this
as
28
cents
for
amount
$2.97
$35.55
for
expenses
taxes,
and
contingency
remaining $1.77 is profit.
or
82%
was
$1,35
for
materials
to
and
21
reserve
in
Canadian
2%
Less
a
.
British
':
/
Non¬
source.
income* ta*.
A-fully owned subsidiary, Concan- Ordnance Co., Inc., was organized
the company last March, and recently began- the operation of a.
large
ordnance
tract,. Carle C.
in
thff
deductible" at
tax
15%; resident tax,
tax,
runds;
his
Referring to
in
company
special
tion
from
of
he-
om*
and
.to
that
part's;,
of
its
in
.
into
under
the
board,
I
.
rearranging
con-^
states
"
"
being made by the
appears- in
the
now
products,
instances
new
management
a
chairman-of
.
materials
regular
many
machinery,
organization
regular
list
and
partial list" of war
a
addition
which
this
involved
facilities,
enterprises,
and
more
or
procuring
"the
less
projec¬
removed
gone
forward
experience."
"Yet'the'conversion
"The
the Government'
President
stockholders.'
noted
tools
the
plant/for
Conway,
to
report
smoothly; 'production
simplified tabulation of the year's results,
basis.
It shows sales- of $43.14 a share and
a
by
report,
$123,119,130,
been
resident
price
/
restrictions
to
2-1T
2-27
3-20
A'.
paid out for labor and direct materials,
depreciation and $1.21 for miscellaneous
Report-—
companies- report
3-31
(quar.)'
_J_
year
reduced
CGiitinental
$1.25
controlling our sales volume and prices/
time,-costs have been rising steadily," the report stated;
The
7%
3-15
2-26
4-
& Foundry Co.—
Earnings
in
the
each1 .hove
2432.
Company
1
3-31
-
2-15
3-10
4-1
SI1/*
/
Wood Newspaper Mchy.,
2-15
10c
3-13
2-19
50c
contingency
Sales
for
share
3-15
The
bonds.
31,
1942, while two quarterly
declared" in the' first half of
* 2-15
4-1
3-1
"■
on
$12,194,296
mental
Aug.
1
53c
1
3- 1-
12Vic
preferred
6%
preferred
.7% .preferred
2-15
4-
other
or
(quar.)/_____a__1
Wrigley (Win.)
,
3-
contingencies.
The earnings are equivalent to $1.77
2,853,971 common shares- outstanding, and 'compare with
1941 earnings: of $7,469,683 or $2.62 &■ commonshare, after income
and
excessprofits taxes.
No contingency reserve was
appropriated
and1
profit
& Canal
3-12
1
1
3-
50c
excess
share
in
of $2.16 per share for the period.
Accumulated
4-
2- 8
a
50c
Quarterly
a
:
4
2-20'
3-1
(monthly) ___________58 %c
Quarterly
decline
Earnings-of the company available for the* common shares, after
provision for depreciation und taxes, averaged $691,451 for the five
fiscal
years
ended Aug. 31'. 1942.
These earnings were equivalent
RR.
:
2-26
3- 9
' 53c
Quarterly
Quarterly
V
(quar.)
J.
3-
3- 9'
*__a__
preferred (quar.)-_^.__________i.______
Wisconsin Power & Light Co.—
6-% preferred (quar.)-
2-13
/ / 3-2+
4-
4* I
$17»
(quar.)
2-15'
/v
SI1/*
20c
f25c
6%
;/2-10
58V3c
'
(monthly)
_
50c
(quar.)———
■' 2-13
1
3-'1
V/
J
3-28
3-20-
3-'1
$1.75
(ouar.) /
43i %
2-19
60c
(monthly)______________
30c
preferred (quar.)
preferred (quar.)—
1
_
:
(monthly)
30c
1
;__a-a__a-aa-i..a_a„_______a__aa_'
Wisconsin Electric Power, 6%
pfd. (1897)
2-16
3- 1
$2.75
___________
3714c
4-
Extra
■
1'
VK
3-
50c
convertible
1
——_a—/_■___
.Extra/.-
.
Common
I
3-
3-
75c
v.
2-9
4-
$1
$l3/4
__________
(quar.)
(quar.)
Wool worth
non-cumulative
com. (quar.)
preferred (quar.)
preferred (quar.)
..3-
3-
25c
(quar.)____
preferred
1
'
Extra',:-AA_A-_A_A_A:A,:AAAAAAAAA_AA--AAi-:'-///y,/$i:/y/ 5'A/l./:y/'"4-i9
Common
2-15
3-15 A
25c
$l'/4
preferred
3-
2-10
3-
$1V2
(quar.)__
$3>'
Wilsil,, Ltd.. iquar.)
Winstead Hosiery, common
7777
2-15
25c
(accum.)_a__
2-2T
3- 5
50c
3-15
3-
(quar.)_.
com.
S3 .pfd;
2-15
3-10
50O
3-15
3-31
50c
$iy4
_
*
3-22
3-15
Whitman
3-31
3-31
5
1
50c
(quar.)
3-1
3-15
2^18
4-
"
25c
(s-a)
tnc,
'
"
a
(quar,)_
Products,
•
3- 1
35c
Corp
Products
Grocers
4-
$l'/4
3-10
3-1
3- 1,
Wickwire
2-20
i$l%
'
Railways Co. (Del.)—
(monthly)
(monthly) ___________
3-
1
4-
Villa
1
4- 1-
1
;
Instrument
Chlorine
'
25C
Brake
Air
preferred
$$1%
150
1
:
Willson
Co.i
4- 1
/'
(quar.)
5
$!%•
-2-26
2-20
3-15'
3*15
3-15
2^16
3-31
'
>
5
/
3- 1,
3- 1
'
Wilkes-Barre
2-24-
1
2-15?
2-13
$1
■
3-
6
3-
2-16
3- 1
3- 1
$17*
3-
3-
8-15
3-15
200
Stationery-—/'/
&
Electric
White
8-31
(Iowa)
Electric, 6% preferred
Whitaker Paper, common (quar.)
7%
',
3-!Ta)S2-20>:.a
(quar.)IjIIII J\ 27'/2c
Corp< (resumed)//:;'
50c
$7 preferred
Illuminating
2-20
" 3-19'
4-1
t20c
37Vic
pfd. (quar.)_
Wheeling
_a'
6%
,p.
Westvaco
2-20
3-15'
5-29
'
•
■
^a._
3-15
(quar.)
com.
67c
of
5
25c
67c
Southeastern Greyhound Lines,
to
3-
.
75c
(quar.)
3-10
Elastic Corp. '(increased)
vW
35c
Engineering.& Foundry Co., common.'
' 50c
17o preferred (quar.)
L_______aa ._A .__•■■
$1.75
$1%
pfd. (quar.)a
Weston
United
50c
Westinghouse
2-29
preferred
Inc.,
Co.
preferred
2-26
•
2-15
6-1
$!%•
(s-a)A___
3-15
_
United
1
__1a~
South Porto Rico Sugar,
United
2-10
1-.
2-15
10c
Supply Co. (quar.)_A_A„______
Grocer
3-15
:_aaa_a_a_-v:.':^pid. (quar.)
Inc.,
of America,
preferred (quar.)■
57c
2-27
3-1
iquar.)37V2C
United Biscu't Co.
5
2-19*
(irreg.)
com.
conv.
Transport
3-
/:;•'$ 1%:/;
(irregular)
South Carolina Power, $6 1st
3-
a
Lines
Air
3-
25c
(irregular)
preferred (quar.)aa—
South-Bend Lathe Works
3-25
United
Western Tablet
21c
__"_aa_ia
convertible
57a7c
57o
Products,
2-25
pfd.
5%
$1% '
...
(quar.)__-a-.
'__aa
$iy2
common
Co;, common
3-15
5c
—
(quar.)________________
Soundview Pulp
3-25
25c
Extra
Sonotone
Aircraft
Extra
1
3-
,
20c
(irregular)
$1'/2C
—
4-
,3-aI
S*-!'
2-15
2-15-.
5-15
8-15
2-25"
$1V»
20c
___a___;__
preferred
Co.
$2Vi-
(Win,), 7% preferred (quar.)
Spencer Steel (irreg.)__..___
Lace Mfg. (irregular)________
Williamsport Water, $6 preferred (quar.)__
Shares,, series B..
Century-Pox Film,
convertible
Tank
.
Western
$1V2.
'V1
—*_
(quar.)___
77c
2-25
58%c
«
;•
Oil
3-15
(quar.)?65c
Co., common
Standard
t20c
(s-a)„
common
/;/
572 7o
Western Auto
41%o
1st preferred- (quar.).A1 '
common
Trustee
West
2- ^
50c
>
2-27
3>-1
(quar.)__
(quar.)
Kootenay Pwr. & Lt., 7%
Virginia Pulp & Paper
3- 5
/
2-15
$9y
$1 y<
$1V4
Telephone, 6%' preferred (quar.)
3- T
50c
.
3-1
$l3/4i
participating preferred
3-15t
>.
3- 1
iquar.)
Indies Sugar Corp.,
5%
3-1
50c
75c
(quaT.)__j.___
West
3- 2
■
$1V4
,aa
-_aA__ay';
50c
West
q
ly: 2-19
3-
•,
25c
50c
..
pfd.
80c
2-15
l'v
(initial)
B
(quar.)
;
-4-1
>
50c>
preferred (quar.)
3-15
„■
3-
class
Co.,
(irregular) _______
Wesson Oil & Snowdrift, $4 conv. pfd. (quar.)
West Canadian Hydro'-Electric Coil).—
2-11
1
10c3-15
«
Co.___
57-t-7
Coal
3-
A
2-19
2- 91
96Vic
iaccum.)_
Engineering Co,
35c
■
(quar.)^a___a____________
$6
4-15
1
?$1%'
_a.._—
a
pfd.
.'7%
Truax-Traer
•.
Socony-Vacuum Oil Co
8%
1
Elevators,
Company,
a
15c
(irregular)
preferred (monthly)
57c
Common
10c
(quar.)
Stocks
Packing Corp._______———________
Snider
6%
Edison,
3^10/
SI'/*
preferred :-'(monthly)
preferred (monthly)
__
3-
Allied
&
2-27
pfd,
$3.85
iquar.) ___■
Juice, 77c pfd,
25c
(irregular)__aa__a__a
Bearing
3-13
3-31
■
3-15
3-15
Co.
50c
v
(irreg.)__
(quar.)__________
(interim)
•
2-19
preferred
Wellman
'
50c
,
/
common
Oil
common
Roiler
—_
Smith Alsop Paint & Varnish, 17c
17.
Inc.
2-15
3-1
(quar.)
5%
Roofing,
Time,
J IOC
Associated
■
Pump
West Coast;
,
$1.40 convertible preferred
2-11
35c
$1%
(quar.)
preferred
:
3-15
v
(quar.);
5-
7%
-
Texas Pacific Coal & Oil (quar.)
50c
3-12
1/
4- 1
25c
Company
Texas
Texas Gulf Sulphur
$5 convertible
3-15
Pictures,
Welch' Grape
4-
2-27
50c
preferred (quar.)____
3-12
'
3-3T
3-31?
2-27;
3-15-
t$l
& Worts(quar.)
Corp., $3 pfd. (quar.)__
Railway & Electric Co., com.—
Wayne
''$ 1.75
2-21*
"
2-11-
10c -:v 3-15 '
(Northam)
4-1
75c
(quar.)-_
.
2-27
(quar.).
partic. preference
convertible
pfd.
2-27
Investment
^Simonds Saw & Steel Co._________
Isisco Gold
17c
Bros.
3-15:-a
4- l-'
t20c>
.
Co.—
3-12
:
Simmons-Boardman
$-3
Works,
Mills
3-17 "
•v
-.
1
4(>23 '
4-23 i";
•
4-10
3-
$1
$4.50
50c
:
5%
preferred (quar.)
5-7" preferred (s-aV
Washington Water Power, $6 pfd.
3-15
4-20
31 %c
(initial)
3-10'
3-20*
y
J25c
Washington
-
y
/
8-15
68^«'
(quar.)
(quar.)
1
3-15'
2-15
$l'/a
Sl^-
*v
Mills
/: 9-
-s
4-17
7-17'
2-13
Brothers
'
1
8-2
3-- 1
\
2-15
Foundry & Pipe
4- 1'
2-18
2-15
Warren
5-- 1
5U
3- 1
2-18
^
3-15
Warren
.3-31-
I1/
$l>/8
Warren
'
3-
20c
(qnar.)^______
2-22
,
3-15
3- 1
3-15
2-15
5%
2-15
-/•.
3-10
1
,
(accum.)
3-15
5c
Silverwood Dairies, Ltd.,
Water
Flour
3-15
a——_
Corp
Co.
Co..
Warner
/;
3-15 'v": 3- 1
1
15c
4-15
10c
'
'
preferred
$1
._
(interim)
Sherwin-Williams
5
2-17
3-
40c
preferred
Wamsutta
3-19
.
4«.15^2-22
.
$!*/♦
^
.
45c
(quar.)— _______a./
(quar,)
.
2-17
:
(quar.)___a-aa-Aa-'__
common
$1 preferred
2-15
1
3-10
1
3- 1
Mines .(interim)_a_aaAa-_a__a
3-
i"3D
20c
-
.
<accumulated)
25c
Corp.
preferred
Haute
17c
1
'
77c
;
'_
(quar.)_____
Corp.
62 Vic
-
462Vfec
preferred
2-26
3-
—
Shenango Valley Water Co., 6%
Common
1 st
3-10
_____
preference
of
quar.)_.
$1%
(quar.)
——
Sherwin-Williams Co.
4(4%
;
Taylorcraft Aviation, conv. pfd. A (accunv.)
Telephone Bond & Share Co.—
.
/ .
,
2-15
3-
...a.—
G.)
j
■'
.
_
Preferred' (quar.)
$1V2
(quar.)
(quar.)
Mining
(Frank
Shattuck
2-5
3-
-37 7aC
___AA_A..A__A-r._—aa__a
_a
••
Walgreen Co.,
y 3- 1
4-
a
$3c
common
pfd.
Co., com.
75c
iA
(irregular)
(quar.)
(James),
1
Amulet
3-20
'/•'■'; 37'/2c
preferred A__A__A_r-A_____*_A__-___
' Building ■
(s-a) __________a___
^Extra
2-25
_a_
—_a_-
:__a__
conv.
75c
common
shares
(reduced
preferred
:4?'/2%
Waite
2-15
45c •■->•4-154-
preferred (quar.)—;
Tamblyn (G.) Ltd., common (quar.)
2-15
3-1
15C
——
Assn.
/
..
62VaC
________
Servel, Inc. (quar,)..—._a———
Shattuck-Denn
•
2-IT
3-10
___a__
(quar.)
:_a
Co,,/ common____.
$1.25
2-20-
3-2
60c
$1
Wacker-Wells
2-27
*3-" 1
25c
3Va 'v
t$2 V2
A
Talcott
(quar.).
(quar.)
—
(reduced)
Class
2-18"
3-
t$l'/2
37V2C
—.a——_
(quar.)
Mines,
bearer
Aircraft,
9-21
50c
;/
preferred
(quar.)_:
Wabash Ra'lroad
Tacony-Pahnyra Bridge—
(quar.)
class A
Corp.,
Class
Ltd.,
1
Gold
Detinning
preferred
Vultee
2-25
.
3-5
' 50c
6%
0-21
12-24
50c
•
(s-a) _,__a
(quar.)A
Walker (Hiram)-Gooderham
3-
(irregular)—
partic.
.
4- 1
30c
•"
(quar.)
$1.50
International
Canadian
receipts
\
——
Loan
(Del.)
7%
2-15
3rl5
—.a_a_i^tla_"-.30c
———_———
(quar.)__________________
Co.
3-15
30c
Sylvania Electric Products (reduced) —a-aA
4727c convertible preferred (quar.)__a_ca
5
Common
(quar.—a_._
Roebuck & Co.
Sears,
Dep.
(quar.)——.
Sylvanite
(quar.)
Co.
Vulcan
" 2-15
V'
3-15
preferred-__AA_'A'->';^:{37mjcvyi...3-l'='
Syracuse Transit Corp. common
Common (irregular)
(quar.)—.—,— —.——
Lace
3-
6%
Corp.,
2-20
common
preferred
Scr-anton
3-15
Oil
Co.
&
2-11
——._a_a_-a—a
common
A
4-15
4-16
—
preferred
Paper Co.,
3-
a
.
t3c
Co
Paper
1
1
'
Savage Arms Corp.
J20c
•;
Railway,
3-22
50c
cominon____A_A_-___—_
Marine Insurance
preferred
2-22
50c
Vogt. Manufacturing Corp
Sutherland
1
1
common
Remedial
6%
2-15
&
2- 1'S/ 2-15
1
3- 1
3- 5
25c
—
$2 40 preferred (quarjA
Virginia Coal & Iron Co. (quar.)
Fire
3-1-
"
50o
.
(quar.)
Co.,
3-10
.3* 1
-
SI
*
Co._
Virginia
Virginian
(interim)
Co.
Pump
4-
(quar.)$1.75
preferred
Chemical
Tool
common
2-13
1
3-
Machine
3-10«
■
5-
25c
—
Water,
Francisco
'
1st
Viking
pfd. (quar.)__
conv.
3-
preferred
Co._
Vick
•
2-18
4- T;
25c
5-
6% preferred (quar.)
Regis Paper Co.,. 7% pfd./(accum.)———
St.
3--1
$1 y»:>.A-3- 1
.
3-
$2 y* convertible preferred
St.. Joseph
(quar.)
$1%
(quar.)
Steel,
Co;
$iy2
$1.50
&
Oil
4-26
Russell Mfg. Co.a_.a_a_————a——
Rustless
2-15"*
■
-
Ltd,
25c
preferred (quar.) —
of Canada (quar.)———
Theatres,
Roxy
7%
3-26
1
3-
aa$1V,4--.'-.?
;
(quar.)—
Mines,
$1.50
(initial)
6':
Brothers,. Inc.
Consolidated
20c
(quar.).
Co.
Transit
Rochester
Raalte? Co..
A.::-
31V2C
(quar.)
(quar.)—.
(quar.)
Norman
Van
3-31
$1.621/2,'
,
15c
15c
a—
preferred
preferred C
preferred D
preferred E
67c
Van
4-15
3-1
2-25
Electric Corp.—
&
5
3-26
-R8:>4c.
> 4-. 1
;
3-10 /
Sunset? OilS;r,Ltd;A_,A__AAAAA^.;_A____—'-3^ 1;
Sunshine Mining Co, (irregular)—
a
'3-311
3*' 141
Co,—
convertible
3-
2-10
3-10
30c
Steel,: common.————
—-—//.
6% preferred (quar.) ————————aa.—
6% prior preferred (quar.) A—_______aa_
Riegel Paper (quar.)
$1!.50
■
25c
.
(quar.) _a___a_____:——
Gas (s-a)—
-
$1 7B
Republic
Rochester
$1
(quar.)____—aaaa.vi';-:
preferred (quar.)
A.) Oil, Ltd.—
A partic
nreferl-ed
6727c-
3-
Button
3-15
:
25c
:
aaaa———
Works—
Iron
'
62V2c • ' 4*- 1"
62(4c
7- 1
62j/»c
10-1
02Va«f. 1-3-44 "
$1% /
3-1
Vanadium-Alloys Steel
Dorn
•
4--1-
'
'
2-25
5-25
•" 4- 2
7-2/ 2-19'
• 2-15-
•
' 3-20
3-11
.
40c
$1
Valley Mould & Iron, $5.50 prior pref. (quar.)
2-23
1 /.'
(s-a)___A.__A_A
Corp.
prior preferred (quar )____a__-______A
3-31
60c
a
(quar.)_______
Stuart' (D.
20c
Rochester
3-
Bond
&
5'% prior preferred (quar.) __aa____„_aaAaa/.
5% prior preferred (quarH a___Aa_—
I
Van
a-.
(quar.)________A____A._i_„iA
Stromberg-Carlson Telephone Mfg. Co.—
371/2c
Republic Natural
:aa_a_aa_,
preferred
Ar—
B
25cv;
.
3-10
8-10'
4-15
7-15
3-* 1
3- 1
20c
:
3-12
2-19
'
'
,
Knitting: Co., commonA_A___A_A-A'A___
5% prior preferred' (quar.)_
a_a_Aa_-_—
5%
2-26
3-31
Stock
3- t
' 3-19»
3-26
3-20
$2
$1.00'
'
'
.
Utica
.
2-26-/
Works—
(irregular) _a—50cr ,:;:
Co.
prior preference A
$5
8-16
1
3-15
40c
40c
912-
(quar.)———-
preferred (quar.)________
Grain: Co., 614% pfd. (accum.)
preferred
$62J/2c
.
$6
4:V: yVv-'-'
3-20' K- 2-20
(quar.)—.a 75c
Coke & Coal
2-15-
-
4-15
.
& Co., common-*
participating preferred
67c
2-15
$1.60
6%
,
(accum.)
________—a-—a.
Drug,.
,
2
(irreg.h;
•
3-16
*
4-- V
participating conv. pfd. A (quar.)
Utilities
:
Straworidge & Cluthier—
Mills—
preferred
preferred
non-cum.
preferred
Regent' Knitting
Corp1.,
3-
$1'
•>-•
(accum,$2
Power & Light, $7 pfd. (accum,Taaaaa
$!%•
preferred' iaccumulated)_____i____L-_- : v $1V2
Utalr
2-15>
3-15>
"
3-18■
1
'
comiiwn___A_____
V
1-
3-15
Upressit Metal Cap Corp.
2—15" "
37 Vic3-15
4-
$lV»
Upson-Walton Co,. (irregular)-__a-__aa_aA__
!
3-1^
3>-15<
:
25o
Co.a—_a_
(Frederick)
57c
87V2c
preferred
Participating- conv.
1
25c;
(quar.)_^ :
Paving & Materials,, Ltd,---
5
3-15
11-
317-20
common
•
2-15
40oj; >; 3-15*
•
(quar,)_aa__-aa____
Ohio,
1
2-22
'
4-1
50C
•
40c
400
$5
$1 '/*
$5 preferred* (quar.)_A__A__—
a_
•.
"\■ SMV
United Wallpaper Factories, 6% pl'd. (qua'r.p ' ■
$1V»
Universal Insurance Co".' (quar.)
l
a A10c '/
..
•
'
•
A—-a- :
Corp.—
3-10'
participating conv. pfd. A (quaP.) ___
preferred; (quar.)—.'a
___a____,
3-10
•'
3- 1
3-1;'
-
(quar.)__a—_a_—$1'V4,:
3-
1
40c
4Gc
•
Kansas—60c
(Ky.)
of
3-
5-1
$2 72
•
1
4-
$2 72
(s-a)_
1
4- 1
$1.25
•
$1.60
Standard
2-26
2-15
Raybestos-Manhattan', Inc. _____________—,,■/
Rayonier, Inc.
•
——
Reading Co., 4% non-cum. 1st pfd. <quar,)_
Reed-Prentice Corp.,. 7%
pfd.. (quar.) —
$1.60
9-20
10-15
6.4%
*
•
non-cum.' 1st pfd,
Sugar
4-
50o
aa
3-
8".4*%
-$1 Va- •:3-153-1
<. >
Oil Co. of Indiana .(quar.)._—,
3-15
,
(quar.)_A
Standard
3-
$5 cum. preferred B
pfd.
$1.60 conv. pfd. (quar.);
Standard Dredging,
$1.60; con. pfd. (quar.)
Standard Oil Co. of California—a
50c
3-
3- 5
62J/2c
•••
__—
6-18
:•
3-15
r:-<'7r»' ^
8%
Stales
2-25
2-25
25cr
(quar.)ja"____?
p.:
1 accum.
1
3- 1
____________
-
of Rec.
$3
a
pfd.
Holders
$3(4
Printing. & Lithograph Co.—
United
3-5
(s-a)_aa___
(resumed)_aaA--.A
■
(quar.)
United States SteeL Qorp.,
'
2-20s
$l''/43-20-
class A
Potash,, 6%
U. & Rubber,
/
.:
3-10'
.
Standard Cap & Seal,
25C
—
(quar.)—
5 % preferred
Insurance. Co.
S.
When
Payable
h_a_a
■a-.__r__a___.__._a
$3 preferred^
" 10" 5-
--3-15'
$l1/s-
r
Mfg. Co1., $5 pfd.. (quar.)-_;
E.)
Accident
U.
'
.
share
common
Playing Card Co.
United" States
1
v.,,-'
40c
.
3-19
7-15
———
Quebec Gold Mining (interim)—,:—
Radio Corp of America, $3.50 1st pfd.
Rath
y4
■"
4-15
$1
—
—_______________
Corp.'
Oil Refining.—
Quaker State
$m
$l'/4
preferred
preferred (accum.)—
preferred (accum.)——.
prior
$5
.
(quar.)—
(Detroit)
(quar.).
:
Standard Brands. Inc., $4.50
———-——
preferred (monthly)-—
preferred (quar.)—
—a-—--—
8%
preferred (quar.)
;
a.
— ■
Public Service Elec. & Gas,.35'pfd. (quar.)-/'
preferred
10*19
$1
,
S.
Extra
!
.
4- 5
$1 •*." 4-15
:
pfd.
conv.
50c
50c
7'%
7%
(quar;)
(irregular)—a—IaI .;'
Sons
&
6 %
Puget Sound Power &
.
Sparks-Withington Co.— ■
:
\
6 7c convertible preferred .(quar.)——. $lVa'.
J,—
$5'
Oil
Leather Co.,
S.
U.
5-1,5/
9-15
..
_—aaAaAA.
(irregular)
$1.50
Royalty
U.
2-T3r-:
2-13'
$l>/«
Spalding (A. G.) & Bros., $1.50 pfd. (irreg.)
58 Vac
A
preferred
■
$1'/*
'
-
7
i___
)quar.)_____
_______
Public Service of Colorado, 5% pfd. (monthly)
5%
■
35c
preferred
1
1
'3-
•
Company
United'States Envelope,
7'c preferred- (s-a)
.*
2-20"
.
$1'/*
pfd—
3-10
3-15 '
30c
-
•
•
Name of
./ '
> -
•
>
•••'•
>
.
of Ree.
Payable
'
37MjC''
>'
_■
3-
(quar.)-
common
Co.—*.
preferred B (quar.)
:
Southern Pipe* Line Co. (irregular)
"25c
15c
(accum.)
pfd.
California! Edison
6■%
Holaert
When
'•
Share
•
$1.50
Quarterly
6%
ot Company
h-ume
,
Southern
5
$ 1 «/4
Prosperity Co.,. 5% preferred (quar.)
3ftr preferred <quar.)___
——
Provident Loan & Savings Society of Detroit—
Public Electric Light Co.,
rer
Holders
share
Name of Company
Monday, March 1, 1943
'
new
of
is
equipment
rapidly
products
ammunition,
and
manpower
increasing,"
includes
he
complete
has
said.
/
machine
tools
and
grenades* ■ bombs and land mines; firearms; guns
jigs and fixtures; parts for airplanes, sub¬
marines, tanks,
war
vessels and
landing craft;
cans1 for a large
variety of military equipment or supplies; and- such items as cups for
collecting the .sap of rubber trees and filled cans of water for mili¬
and;
components;
tary
emergency
tools,
use."
.
Volume
Consolidated Inoomc
.
'
Cost
sales and operating
revenues!
of
i
Net
'
operating
.Dividends
J
and
securities
•
Total
Net
and
income'
loss
Interest
and
"(Interest,
received
of
•
;
exchange paid
'124,967
accrued—-—
or
,
11,852,955
Prov. for inc.
Prov.
for
{Fed., State and foreign)!!
taxes
excess
3,500,000
2,500,000
and
for.)
or
-800,000
A
Balance to earned surplus—j-:———
Earned
surplus,
Jan.
5,052,955-
1—;
7,469,684
20,861,869
dividends
Earned
surplus,
Earnings
♦Less
paid
per
on
stock-—!!—!
common
Ry.
stock
and
at
.
//:/!%;.'I/
RR.
Sheet,
in
and
&
Crl02,267
/
bonds
ry.
Gross
$2,118
1,175
a
when-issued,
$24,080,351 $17,779,590 $12,076,983 $11,919,431
12,034,942
7,161,632
5,348,324
5,140,501
of
88,657
838,899
$6,345,624
$6,028,688
1,387,589
1,349,853
$12,739,548 $11,454,530
$7,731,213
$7,378,541
$7,033,255
income.
income
for
and
..
leased
roads
equipment
$6,964,950
$7,083,255
$7,083,255
154,002
223,598
322,470
260,039
220,440
108,931
92,717
Y. pier rentals..
Int. on funded debt—■!
minority
in
&
way
(less
in
interest
Pullman
gypsum
Int.
unfunded
on
Miscellaneous
Inc.
Misceil.
acreage,
purchases, new first mortgagepurchases, new income mortgage RR.
rents
87
...
on
58.934
56,163
59,
116,001
94,574
17,460
16,674
$5,149,485
shr.
per
stock
$3,671,698
$205,277
"$508,985
$4.35
$0.24
Nil
com.
•
/
"Deficit.
$3.05
*:•'
;
* "
General Balance Sheet, Dec. 81
.
purchases/New RR. preferred stocks when-
/ '
issued, $2,725; capital stock ($10 par), $34,102; surplus account balance
of Dec. 31, 1942, $1,386;
total, $62,185.—V. 157, p. 343.
_.■'/,
1942
as
1941
Assets—
•
9,218,434
XT.'
The
5,000,000
on hand and demand deposits at banksS." Govt.' securities—
/"Notes
and
accounts
receivable:—
13,450,946
———---!-!!'!!
interest' ■
!:'———1—i—!———-
Accrued
Investments
in
and
advances
to
165
-investments ,/ and mtges.,; notes
accts./ receivable !)!_!!!—! !%'!!./!! ^
■
/
1,960,288
<
3,012,160
Deposits with mutual insurance companies!!!,
TProperty, plant and equipment-—
,•
Prepaid
and
expenses
4,256,220
deferred
I;-
62,076,814
Accrued
/Reserves
for
Govt,
■-
/
4,229,549:-:,
175,000
contract;
decline,
*
'*
175,000
Common
.
.——!_—>!_—.
' Total
.
*Lesii
reserve
and $558,937
;
V;
foir^doubtfhL 'hdteiS
/!,,/!!:/%
for
reserve
■) in 1941.—V. '157,
.:$£/*•.
Continental-Diamond
■
The
directors
the
on
March
June
.p.
on
capital
Feb. 23
stock,
!////
Fibre
declared
/■
Co.—25-Cent
dividend
a
of ^25
per
of
.
share
/
loss
v
to
in
(&
Consolidated Income Accounts for Calendar. Years,
"
,
1942
'
Cost
of
i
-
1940
'
''
1939
"
In
4 m,089
500,767
$1,663,466
$2,224,506
r**
484,044
Total income
$1,468,996
.'Other income
$1,967,647
Int.
,
•*0,332
!
77,023
76,350
/
of
He
Amortizationof
debt)
46,307
•
the
67,469
:,
and
expense]
(. 2,336
6,388
2,615
held-for /sale!-——!-.;/
Loss
•
■
/
of
meat
Loss
i
sales
for Fed.
Prov.
for exc,
Approp.
.3,307
569
/.
3,372
650;000
675,000
prof. tax.
>364,550
: V
Previous
earned
6,765
$1,225,674
3,880,436
3,20o,911
Divs.
on
preferred stock
$4,819,288
125,212
Divs.
on common stock
Miscellaneous debt
'
4oi,i22
—
,
•
$1,208,200
2,970,317.
!——
—
with
'.
Balance
(Shares
•.
.
earned
con7mon
Earnings per
surp/$4,292,953
from
unpaid
tax
stock-.!
200,648'/
share_t„:
tPremium paid on retirement of
''unamortized bond discount
*
Consolidated
the
under
pay
on
200,561
that
had
to
equipment
otner
I less
patents, $1;
-assets',
despite
had
it
abie
reserve
for
land,
aepreciation
deferred charges, $32,543;
in
in
to
Dec. 3,1, .19 Pi
/.
■
not
.-/
be
short
incident
fund
for
reserve
inventories,
ibuildings, machinery-and
of $8,2oo,997>, • $7,923,354;
total, $16,685,034.
debentures
due
•
.
granted
been
1,107,998
1,941,702
payable
177,009
2,655,142
4,524,aU4
680,464
351,869
—
78,390
property
through inc.
88.857
1,815,450
1,798,945
6,866,932
2,751,454
*871,144
207,799
19,544,458
19,750,393
1,031,993
1,029,958
45,483,534
47,003,216
1,184,948
2,008,037
5,993,512
surplus
surpius„■
1,184,948
2,907,916
and
6,099,592
213,183
Profit and loss..
54,534,643
Total:
49,692,255
$490,500^ents enjoined, matured.—V.
have
special
dividend
157, p. 520,
'
/
dividend
of
20
of
five
cents
share
per
and
the
usual
to
would
stock,
both
payable
.
been
Detroit
He
with
War
increased
Normaf: tax-
said
Excess
ton
revenue
decrease
miles
and
24%
second
Tuesday
regulations
of
in
the
May,
owing
Securities
3,433,000
——
8,317,000
139,801
.—
Crl26,041
securing proxies.
Cr58,397
—
—
Net income
.!_—!_—,_j._!_:.
—V. 157, p. 690. ■%.///// ""• //!/*•
and
212,801
$12,673,146 $18,184,926
4,901,917
5,161,956
!!_
debt-
3,752,000
1,983,000
$12,533,345 $17,972,124
—
income.———————!.
Interest charged to construction—
:
Amortization of debt discount and expense.
the
1942
$77,365,967 $73,830,914
53,082,623
50,123,790
——
tax.!.—!.—!_—!'!—!.—i!i;
Gross corporate income
Interest 011 funded and unfunded
of
hereafter
1943
,and':.surtax!!_!„—i!!!..,.^!!,!^
profits
Other miscellaneous
_
that
Subs.)— •Earnings—
Balance, income from utility operations—
Board.
to trans¬
Lackawanna's
a
(&
Operating and maintenance charges....... i!—
wages
shown
Co.
utility operations .!—
year,
White
Labor
$2,131,008,
stockholders
the
on
Mr.
last
Edison
12 Months Ended Jan. 31—
Gross earnings from
$860,000 in
meeting
increases and vaca¬
the
have
in
r;>-,••/•!
labor,
wage
the
allowed
of
'
(Operation for
''•"'.'1942
•
•'
'/
Calendar
May
15,
817,208
$7,897,269 $12,264,159
Detroit
•
,(tons)
■
.
1939
'
A
/
/ i 847.39
843.94
Ton
miles
of
rev.
.*-<
27,646,333
■
22,971,580
^Passen. carried rone'
mile
Rabe:
'20,211,297
'
•
<
•'
">"r/
t-■
■
v •:
20,321,053
•
•
432,727,843
*/ \L.71c
I.51e
passenger
!_———
'
Account,
Years
1942
!
Merchandise freight
Passenger
1942
were
20
holders
follows:
as
and Dec.
to
18,
75
of
'
March
cents.—V,
on
record
V
:
June
21,
156,
the
March
common
Dis¬
and
25
6.
Sept.
1605.
p.
Corp., Lee Higginson Corp. and Smith, Barney
Ended
1941
Dec.
Feb. 18, offered 16,000 shares of common
stock,
secondary distribution, at $63 a share.
Concession
NASD members was $2 a share.—V.
157, p. 440. :
I
,
/
1.57c
Diamond T Motor Car Co.—25-Cent Dividend—,
•'
31
1940
on
"
The direcotrs
$15,315,170 $14,034,472 $12,798,265 $11,696,783
41.169,210
34,633,560
27,125,519
26,639,361
9,223,476
6,524,093
6,437,113
880,445
905,982
879,812
772,917
528,332
535,389
534,779
while
vear,
Milk
Othen
653,848
revenue
Incidental
:
revenue
583,562
643,590
on
Dec.
dividend
of
25
cents
per
share
011
the
30 to holders of
record
March
15.
made on March 31, Sept. 18 and Dec.
22,
an
extra of 25 cents was disbursed.—
31
2,392,402
2,274,908
Doehler
2,096,905
2,432,328
The
.
1,506,958
1,197,380
1,172,681
——.•_
...
$72,544,985 $61,111,360 $51,891,975 $50,454,438
June
the
on
16.
29,
•
Ifie Casting Co.—Reduces Dividend—
directors
share
March
Total
2305.
p.
789,072
2,097,591
156,
a
March
were
875,815
Express
last
V.
6,649,041
Mail*
have declared
common
stock, payable
Payments of like amount
1939
-
Coal
share has been declared
per
a
to
424,827,452
)
1.50o
.
Income
Revenues—
& Co.
as
430,088,922
•"•'•;
'
20,337,138
,
v
:
cents
Diamond Alkali Co.—Secondary
Offering—Mellon Se¬
curities
.
537,827,930
per
^er mile
*.
during
25 cents each;
.
'
Corp.—25-Cent Dividend—-
25
payable March
!•
.
carr.—
of
$5,
par
21,236,188
freight ti!!!!__J.6/230,587,556 4,268,774,277 3,365,567,897 3 ,239,690,679
rate pei^ ton
V % ''•//
V
!—!—_!
1.08c
1.14c
1.19c
1.18c
,
stock,
25,
22,488,678
dividend
tributions
1 ;■;///•
_■
.
31,033,112
Steel
*
'
1940
"
and
capifil surpms, $1,798,268; earned surplus, $4,292,953/
treasury
'Stock (57 shares), Dr$4,125; totals $16,685,084.—V.
156, p. 1861,
Years
''/.-"'V
1941
'
'*
quarterly
cents
per share have been declared on the common
March 15 to holders of record March 1.
Like
amounts were also paid 011 March
16, June 15, Sept, 15 and Dec. 15,
last year,
and, in addition, a year-end dividend of five cents
per
share was paid on Dec. 24, 1942,—V.
156, p. 957.
to
mind.
in
•*•237,748,267' 226,448,158."
—^
Delaware Fund, Inc.—Special Dividend—
//•a
normal
n*
—
"Includes
will
Transportation."
fares
by
for
year
.complying
;Rev. freight carried
:
1949, net,
$1,200,000 reserve for operating and compensation insurance,
$385,694;
reserve for luture inventory price
decline, $500,000; reserve for general
contingencies. $149,693; 1'}
cumulative preferred stoek
($100 par.),
,$1,760,700; common stock (200,648 no par shares), $5,2 79,300; initial
to
with
charges
a.ong
net' tons/ per"
Passengers "
Gov¬
year,
sinking
accounts
Appropriated
Jersey/also
fixed
get
by
to
amounted
held
•
and
' l-;
rev. train mile-:,/•%■.;i;256:6l
1,014.37
;/
?
.
accrued wages, salaries
commissions, $530,273;
accrued
interest
on'
debentures, $5,250;
.accrued State, local and other.general .taxes, $228,576
10-year 3'7 sink¬
ing tund debentures, sinking iund retirement due within one
3 7!
accounts
open
payaoie
Unmatured interest accrued.—
Additions
,
%
.
situation
conferences
organized
fallen
to'Lackawanna
will
meeting
rates
increase of 22.5%
an
miles.
difficulties
mile
Liabilities-^-AccQU,nts payable, trade, $352,452;
10»year
cos.,
wages
Reserve for Federal income
taxes, lessor cos.!..
Other unadjusted credit——
''/////)..'
objective
Defense
Avge.
hud
$200,000;
to
that
of
award
last
expense
1
• i'i
hand, .$1,476,325; .United States
»8a8,64o;
New
in
reduce
that
Office
which
Statistics
written oil.-./^Provision
ernment, .securities," $1,461,880; accounts receivable (jess
doubtful, accounts and discounts of $186,339), $1,248,502;
$3,003,889;
■ ■
confronted
was
taxes
with
held,
Exchange Commission in respect of
debenture bonds and
prior years.
affil.
5,142,000
1,011,126
,
applied throughout the railroad industry./
the
employees,
138,792
,$2,970,317
200,561
iw.28
3^.28
10-year iVil'c
Baianee Sheet,
in banks and
!•..
Miscellaneous
..
to
and
363,448
4,442,000
service balance payable—Cr...
car.
70,720
363,355
obligations—!!.!—.—.—.....
accounts
84,441,200
70,720
——_
construction...!.—.
payable
Traffic and
Audited
Interstate
//.'%
Lackawanna's
added
He
be
to
the increases
on
"announced
was
Avge.
$3,286^911
'i»a.46
and expense thereon
f lor additional income tax for
Assets—Ca'sh
200,648*
*»4.uJ v'-'
•
under
situation.
will be
railroad
by
increases
401,122
$30,000
$3,880,436-.'
1943
also
'
./
of
148,418
3uo,d4i
railroad
income
concern."
traffic
passenger
It
annual
$3,578,648
131,302
*
the
continue
transportation
*•
'2,370,448
$3,749,055
130,746
501,403
the
road
the situation
to
$117,000,
.
300,000
$778,738*
$4,512,584
.
will
explained
to
I
going
a
portation
200,000
..$938,852
which
wartime
He
7.364,695
/
surplus
Total -—!!!—!——
..
as
tions
lorf. inventory
Balance/earned surp.
said
wages
50,100
price>deciine,.,,etc.—
lessor
Commenting
in
/
He
expense
;•
in
and
roadway
on
//'. '/'■' r'/////.;'•-/' '
in
16,175
250,000
props.
inc. tax.
order.
problems resulting
at
and
incident
■' ■'
,
depreciation
mandatory
r'vty 2,453. ...that the rate increases
Lackawanna's'increased
'
42,875
.■
dis-.-
of
mantiement
Prov.
f
or
84,441,200
capital stock.
aid
stockholder
a
the
added that
15,000
•.
Superior Allot*
!Co.;/
on
'
•
being
off
that- "anyone analyzing the
that its first problem must be
point
of
5,54i
Provision lor real estate
.
Amounts
in
an
President White also explained to the stockholders that the improve¬
in operating results last, year had been due to cooperation between shippers and the railroad, assisted by "the
Intelligent direction
'
<
'
/
loans
on
on
in
ment
.
discount
Interest
tons
car,
/
58,605
,
charged
said
times
$1,967,647
funded
on
charges
charges.
tax
held,
income—! $1,163,466 $2,224,506 $1,468,996
debt—] ,.r*:■'/ (50,259 //A 56,250
Total
to
because
realize
j
stock ■■[
Grants
,.
per
301,815
/'V/' /:/*:!;': ///]?
Equipment trust
revenue
tons
6,793,572
—
-time
Commission
serious
'f!;Vfoi0,290
•
net
30
year
459,046
5,788,282
Premium
were
first
such
reply
/'oft fixed
.$25,650,651 $18,426,390 $18,509,294
ly,397,738
21,372,439
lo,U75,771
14,635,321
I,376,8b2
1,632,962
1,467,934
1,513;504
sares____„!!_!!
Adm.; sell., & gen.-exps.
for depreciation.!
Prov.
t
1941
^!— $22,ttoa"882
Net sales'
largest volume of
the
16,168
!!.!!!„_.—
—!!!.!—+,.—!.!.
Common
rev-
concerning possibilities of a dividend,
President White explained that the big problem
conironting the Lacka¬
wanna was improvement of the financial
structure and the reduction
v,:
,
,/
.
137,565
3,460,235
29,351
Deferred assets
'7.2%,.i.///•
for- the
1942
Commerce
Subs.)—Earnings—
.
|
the
%.
passenger
White, President, told the stockholders that the Lackawanna
structures,
Corp.
1942
During
while
$60,000.
was
William
1950.
Steel
history.
20%,
4.28'%,
54,369
3,912,376
assets—l.—!!^—/—.—!.!—
Unmatured rents accrued...
>//'-'' /■:!/,/././•"./-' v
——
r:/
/,■.//
,'.Tax- liability' '
ferry servifce in New York harbor declined, last year,
!.!——!l^!—!!.;-!:/—.
/'////'
Other current
largely, due ,.to the..Government taking posession of ferry facilities at
liabilities..—_!!—_—_.._!_Z~.~
Fourteenth Street, Hoboken, which necessitated discontinuance of that
Deferred liabilities .....!!•!
line..to, 23rd/Street,-..-New York.
The
loss of ferry
Insurance, etc., reserves
revenue
from
vehicular, traffic^, amountedto $248,000,
Accrued depreciation equipment
while from passengers the
18 'dnd Sept.
Continental
handled'in
company's
only
52 %,
:
supplies...!——A-!!-!! A-!!!—
current
';/ ' Liabilities—
of
""Z'1'/; ■*/:*■''■■;/;//-'"/'■ ■■/'•'. ;/'/
■/. ■'./
were $9,223,475, an increase of 41.38%, Earnings
increased
1,980,390
237,748,267 226,448,158
of!
increase
increase
revenues
traffic
dividends receivable..
3,000
1,416,379
2,881,223
receivable....
increase
an
an
an
accounts
1,165^888
430
3,293,302
conductors.——
Revenues from
Dividend—
cents
$41,169,209.
$11,646,744,
agents and
Unadjusted deb.
of
$3,668,425,
were
were
other1, sources increased
amounted
.
$5,
par
:
68%,; including
•///;. .'■■ ../,////,/.
totaled
traffic
earnings
;.
receivable.!._.!_
from
Materials and
Other
—!!.!—4!.
bills
rec.
Interest and
Expenses
for fixed
3,559.302
2,922,832
and
bal.
Miscellaneous
in 1942,
40,074
6,546,942.
^
4,206,280
Net
while net income
.!/•. / / ;///•;/
- ■///:
increase
an
'
earnings
*
15,478,846
34,358
-
Loans
,
.
584,535
15,436,805
Special deposits
held Feb. 23, the incumbent
(directors), were re¬
.'
2,212,090
11,8 (6,650
584,737
Temporary cash Investments..!.———
managers
of
2,254,156
11,856,554
!.
;»
advances
Cash
'///;:
hauled, and at the same time there was a
decrease both in* freight'locomotive miles operated
and in the con¬
sumption ; of., coal per. 1,000 gross ton miles,
fuel economy having
1, ;/////((%//;/%
,; v );
from
coal
anthracite
commutation
increase
payable March 15 to holders of record
-payments, during 1942 were as loilows:
March 14, 25 cents;
14, 12 V2 cents each, and Dec. 14, 15 cents.—V. 156,
5.
the
•
."■/-.U:f.:
depreciation of $30,062,847 in 1942 and $27,555,538
p. 689.
of
taxes.
merchandise
Bituminous
Lackawanna
Accounts":of $5169,390; iri 1943
1941..
from
Passenger
enue
141,780,886
1941.
m
tLess reserve of $3,437,581 in 1942 and $3,231,547 in
JLess
;
138,725,303
board
$12,034,942,
income
5.95%.
./.
:
—!!—.!—•
to
Federal
20.6%,/and
57,079,420
41,164,055
42,649,569
i
amounted
18.9%.
..of
677.140
21,000,000
57,079,420
($20 par),—
■
Taxes'
$4,160,000
1,912,563
21,000,000
the
was
Earnings
:
of
$12,567,410, an increase
$5,149,484, an increase of 40.25'v..
from
'/.-.
meeting of stockholders,
members
■,*:.:-//:/
■
of 18.71 (f, largely attributed to war traffic.
$48,464,633, an increase of 11.85^/ Income available
were
1,788,925
648,926*
—_
sinking fund debentures
stock
/" Surplus
expenses)
'.///•:/-;
3,295,366
i/i/.!!.!^;„A!_!_;_.^/i.%..!!"'
Other secured obligations—
Re-
5,235,481
3,953,873
!!.'„.__-__!-..!/!.;!-.!^!!!A!!_"„.!'H!^
4,030,114
5,235,481
^investments—
Bonds
156,
RR,—Annual
increase
an
,
was
1,694,632
25-year 3%>
annual
and
///charges
'
2,623,435
Western
9,554,744
4,033,184
j...!.....!.!....
/% Unsecured notes
the
At
company
contingencies..—
(less
and Dec. 2.9, 55 cents,—V.
4,590
2,404,027
9,672,847
.
!!„_!__.
Advances
Other
15,350,293
2,404,027
//;' Stocks !!!/!.!^!!!!!.„..!!i„!i^.—!^^,!!!:!!./-,
•//' Bonds;/i!!!!!.__.!!%-!„__i,!_!!!!__!!._!_-__
Notes
81,983,039
10,567
Investments in affiliated companies—
.:/ /
payable March 25 to holders of record March 10.
following payments were made; March 25 and .June
the
$
54,572,661
__
agent,
.
elected.' '!■■-/•''/.// ;,!■
.Reports to stockholders showed gross revenue of $72,544,984
6,114,381
1,331,608
Reserve for past service annuity premiums,!—*
Premium on sale of 25-year 3'*
sinking fund
debentures
2221.
p.
port—■-/"f •
6,000,000
5,869,403
7,293,165
war
156,
cents each; Sept. 25, 20 cents;
officers
;
——_
U. S.
inventory price
claims or other
insurance,
1942,
'
liabilities
redemption
on leased
railway property.!....
Deposits in lieu of mortgaged property sold
Miscellaneous physical property.!.
cents per share has been declared on the common
Delaware Lackawanna &
r
■
identified with
Co..
1941
$
54,886,002
83,022,821
14,268,412
Improvements
per
pre¬
Investment
——!!—!' 138,725,303 141,780,886
.
Liabil.
Trust
$110
2221.
p.
61,940,414
599,921
946,084
(///'% %/V''/'■%' \ :•/' !!/%•' /'
loans '
'I Accounts payable.!—!!—_—!!!!—%/
Past service annuity .premium__-_-„!!!,!-!!!i'!
t
&
at
cumulative
7 7!
343,949
assets,!—
—!!!!!!!—:——^
Liabilities—
Bank
next,
1.
par value,
no
25, 37Vz
410,279
.
Bank
.
A dividend of 37Va
During
■
/Total
Chemical
April
on
its convertible
Broadway, New York; N. Y.~V.
stock,
2,58X370
2.754,402
St
•
•'
the
at
of
*Deisel-Wemmer-Gilbert Corp.—37 Vz-Cent Dividend—
v
1,331,608
——_
fSecurity
stock
redeem
to
435 shares
•
sub-
sidiary companies, not consolidated—_—!!!!
Security investments !—
r
dividends,
•/'
•;
....
.
11,192
contract
war
domestic
and
ferred
43,471,672
—
Assets identified with U. S. Govt,
;
.
corporation has elected
share
20,596^274
38,549,982
_
/ Inventories
'
7,973,873
■
-
Investment In road_!!l^--!-.—.!—
Investment in equipment
Davenport Hosiery Mills, Inc.—Calls Preferred—
Assets-
\ Cash
lS
56,137
income
Earn,
,
298,973
accruals..—
income charge.
Misceil.
Net
415,237
debt!
tax
total, $62,185,
a/c, $1,945;
$4,590;
$6,778,930
94,348
477,383
Deductions—
$943''
]
railroad securities
investment
right
$6,728,659
N.
$34,159;
$6,072;
RR.
$981
Comparative Consolidated Balance Sheet, Dec. 31
1942
279,165
income $11,648,816 $10,125,797
1.090,731
1,328,733
oper.
Non-operating
mortgage bond collateral loan a/c, $6,000; general
bond
collateral
loan
a/c,
$7,138;
pre¬
loan
oper._.
accruals—
Hire
mortgage
stock collateral
tax
Joint
1942
31,
barik, $1,865;
Co.,
$3,970;
cost,
Dec.
of- $1,000),
Nav.
•bonds when-issued, $4,300;
•
1,548,105
Crl20,688
9,392,781
1941
1,362
'
—
Ohio, $15,947; furniture and fixtures, $172;
income
ferred
Note—Depreciation provided above on operating properties and
equipment amounted to $3,849,195 in 1942 and $3,666,478 in 1941,
:
fluctuations
Mich.
&
hand
on
from
rev.
Rent
Liabilities—First
$2.62
//
1,593.688
Cr76,261
1,744,505
investment
Operating income
$12,045,409 $10,617,958
facility rent inc.100,901
107,969
of equip.—Dr bal.
497,493
600,130
,,
"
—!
against
State of
20,861,869
$1.77
'-/'/ '•/'•
allowances.
5V*
taxes_„^—$2,343
_______
Balance
/capital
5,707,874
;
22,347,383
share-!.——■—!-!!
returns and
of
1942
all expenses and
"
reserve
26,569,743
3,367,441
,
Dec. 31—!%—-—-J
common
discounts,
shares
89,283
v
Assets—Cash
19,100,060
—!^!!A'!!%!4A V 25,914,825
Total
Cash
comprises
130.
p.
Balance,'surplus
Erie
'.
'■v
capitalization
Dividends
:
283,204
for
Net
9,337 .shares "of 7%'preferred and 1,606,481 common shares,—-
Net income after
!„!—
234,262
1,594,001
expenses
Railway
'
/•
22,762,395
272,446
'
other
decline
23,397,714
3,318.597
cancelled.
1,700,000
taxes
price
25,175,907
operation
Net
3,024,613
(Fed:
profits
1,336.231
27,189,695
Transp.
Culver & Port Clinton RR. Co.—Earnings—
:
f
been
Years Ended Dec. 31—
12,194,296
Approp. for inventory
contingencies
■
have
also
authorized
new
157,
I
601,786
;■
1,336,183
General
116,071
3*601,786
/• >/
The
'
'
'
3,700,281
9,624,445
1,341,466
Misceil,
surrendered under the plan, including 5,823 shares held
treasury at the time: The'shares of common stock that would
required for conversion purposes of the eliminated 5Vs','o
'preferred,
V.
4,568,448
10,493,947
1,295,160
Transportation exps.
been
^'preferred shares
572,787
7,072,666
expense
were
the
have
12,912,153
178,580
•'■•„
*3;%., debentures„ii--L_—
on
in
228,657
375,936
-12,758,288.
assets—!_!—1
capital
'
188,751
__i——!J—---
interest
which
12,110,709
on
and
way
equipment—10,890,161
of
Traffic
.
351,612
of
structure
Maint,
-
12,193,601
accrued
or
——————————
sales
on
309,750
Mainten.
taken at the annual stockholders' meeting, com¬
has filed with the SEC an amendment to its certificate of
incorporation reducing the authorized capital stock from $35,110,170
to $25,926,810.
•
"
'
The
reduction
has been effected through
elimination
of 5 Va7o
convertible preferred shares which were never used in the, plan of
recapitalization of May 9( 1940, and also the shares of 7Va '.r preferred
6,357,118
investments—i--—-
Reduction
pany
18,819,439
5,335,742
incpme——-——-
interest
and
Other, income
17,839,093
81?
Pursuant to aotion
,
account——_!
and
Stock
Co.—Files
Sugar
With SEC—
$
123,119,130 136,652,016
goods sold and operating expenses!— 105,280,037 .117,832,577
Pro vision, for doubtful notes
,
1941
s
Gross operating profit—
Selling, advertising, general and admin, exps.!-
•
Cuban-American
1942
-
,
,
"Gross
,
Calendar Years
for
Account
.
•,
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4155
157
have
common
declared
stock,
Distributions
Sept. ,25
and
of
Dec.
an
interim
payable
50
cents
dividend
March
each
29
were
28, last year.—V.
to
of
37%
holders
made
156,
p.
on
1951,
cents
of
per
record
March
28,
3r
'*
1942
Depreciation
—-
Taxes
„
Net
income——
oper.
Other income
10,992
————•
income
Gross
Int.
Interest
equip,
18,587
;
Operating
Operation
$286,133
9,477
3,573
5,269
'.
■<
..YY' Y'Y-
Y^:''/:! YY' '
Net
Y
.;*■■
$97,539
$1,107,352
633,289
Total
75,431
59,368
19,241
226,320
198,328
$18,037
$172,313
$122,370
1,575
43,835
68,974
$19,612
$216,147
$191,344
5,000
72,000
60,000
26,522
$23,913 >
1,245
(net)
$25,157
stock,
during
items'-—
——————
—-i*—!-!—
.T
85,000)
First
335,000)
10,441,200
8,263,843
10,441,200
8,550,119
$1.12
-
.
.
.
''
V
from
Net
from
Net
ry,
54,838
20,626
17,759
27,552
49.929
*158
:
noon
amount sufficient to
$41,623.83 held in the sinking fund.—V. 156, p. 2222.
exhaust
bonds
5%
4,015,403
548,425
Net
due
Dec.
to
1953,
1,
Other
1941
z
dividend
of
accumulations
$1.50
ages
share has been declared on account of
cumulative first preferred stock, series-A,
/yY-'/'y":',
Services, Inc.—Weekly Input—
Ebasco
iates
;
ended
(luring 1942 were
Feb.
1943,
18,
-V
follows:
as
'
in
'.p——___■*—!-
Power
&
70,822
16,214
bonds
Notes
figures do not include system "inputs
pahies not appearing in both periods.—-V. 157, p. 692.
com-
estate
*Includes
t!
dividend of 37'/a
penses,
during
Paid-in
.
.
The
directors
The
cents
20
/to
<
of
cents and
a
'•"■■'■
declared
17
the
on
record
of
15
25
paid (see V. 156, p. 2222).—V.
the
.'/.; "
usual
quarterly
dividend
stock, par $2, payable March
Three months ago, an extra of
common
Feb.
27.
quarterly of 20 cents were
| 157, p. 602.
..
Feb.
on
share
per
holders
'
Electric Bond & Share Co.—Seeks
for
taxes—
Authority to Retire
■
■■■■■' • - •' ^y"'v'Yv/
.".'Preferred Shares—-■:
In "order
to put surplus cash to work and to effect savings in predividend requirements, this company on Feb. 22 asked pef-
Iferred
mission
the
of
SEC
to
$15,000,000
use
the
in
retirement of
its
pre¬
applied for is $3,000,000
"over which the Commission reserved jurisdiction in a previous order.
Already the Commission has authorized the eKpenditure of $7,000,000
'which retired $12,673,000 of preferred stock with a saving of $729,000
in annual dividends.
.''YY :
Y.
'■
On Dec. 31, 1942, the company had cash and cash items aggregating
$25,204,255 which was represented by $18,850,320 in cash in banks and
$6,353,935 in the form of short-term securities.
:
'
Y.
'
/.
Based on the average purchase price of stock already acquired/ the
ferred
Included
stocks.
the
in
$15,000,000
-V.
155, p. 600. *:-
of
use
*
of
additional
an
$27,000,000
over
Firth-Sterling
preferred
permit the further retirement
and an additional saving of
requirements,—V. 157, p. 440.
directors
the
.on
,Feb.
class
stock,
A
Previously,
28.
cents
recently
each
this
on
cents
dividend
payable
par
$5,
the
company
same
share
per
a
Feb.
paid
of
28
dividend
of
Feb. 28 to holders of
the
preferred
same
stock,
A
par
$10,
and
1
■
have declared
The directors
cumulative
'$2.25
holders
to
follows:
$1.
per
of
participating
record
March
a
10.
Arrearages on
March
June
10
this issue
dividend
stock,
1.
no
50
par
cents
value,
Distributions
and Sept.
as
of
of
1,585,073
Y 165,543
Co,,
McK»eesport,
,
-
.
.
at
10.
Jan.
1,
50
cents
1943,
each, and Dec.
amounted to
as
10,
$4.89 V*
31, 1942
Year Ended Dec.
Income,
;
profits
profits
post-war
88,229
.
Y
;
taxes—
Excess
H$4.50
share
directors also declared
on
'March 20
the
$6
cumulative
the
125,811
——_—„.!_*-_—
income
earned
surplus—Jan.
dividend
Cash
paid
•
$152,824
—
*
Y
2,824,589
95,440
104,762
150,612
■
3,421,078
3,474,194
9,431,632
'
9,108,676
46,855
'
'Y.
.
47,235
15,000
etc.————**——;
15,000
1
.
profits tax————*.
■;■■"'>
.■/'
1
■
300,000
180~65X
176,292
expenses—
payable
636,279
royalties,
etc.—
State and other taxes
product guarantees
(no
199,490
3,900,000
7,020,007
6,858,259
par)—
————,—.—!_
,
——————-—.L———
surplus
/ 204,783
227,287
3,900,000
,
stock!*!**.*!—,—
preferred
$1,123,455
Y
382,729
3,507,484
'
•
discounts,
cumulative
stock
$1,487,230'
(trade and miscellaneous)—
rolls,
pay
$22,592,280 $17,722,764
—
Y. /Y!./'/;'Y'{ Y/Y'!/!.
'
68,859
68,859
5,899,233 J 4,985,188
Dr 154,155
:
—
Total ——„*—_L_—!*.A: $22,592,280 $17,722,764*
;
allowance
$182,704 Jn
v
and
doubtful
for
1941,
+Less
accounts
allowance
$38,942 in 1941,
for
of
$221,475
doubtful
in
notes
1942
of
and
$35,283
ill
deple-.
JLess allowance for depreciation and
tax
.
$1,016,464
notes,
no
shares.
par
in
§Less U. 8. Treasury
and, $1,552,480 -in. 1941/ Ulssued 40,000
1942
shares
§1,633
of
$4.50
cumulative
preferred
stock.—*
—-
—Y
~
*
!!_.
80,338
Y $461,435
'.
*After
surplus—Dec.
share.;
—
per
charging
excess
all
•
;
'21,824
Net
Assets—Cash
714; : other
tion
of
and
hand
on
$106,563;
assets,
and
in
receivable,
fixed assets
$35,745;
$882,508: prepaid
total, $1,956,936.
$235,463;
$464,324;
payable, $63,007; accrued taxes—general, $33,845; provision for Federal income and excess profits taxes (less U. S.
Treasury tax anticipation notes of $100,000), $130,366; accrued pay¬
roll,
other
$5,686;
capital stock
of
ment
stock
p.
.
$50,558;
at
cost),
$10,983:
reserves,
$166,522;
par), $1,259,105; reserve for adjust¬
earned
surplus, $362,760; treasury
Dr$125,896;
total,
$1,956,936.—'V.
*After
tax
'
$75,000
$1,727,154 for last year as compared with $1,737,661 for 1941, I.
':
.
-
■
1
.
•'
z
i;7
as
year
a
^
1942
contingencies
and
JOn-426,676
charges.,
excess
■
1941-
t$291,138
$0.60
and
$0.65
of
provision
profits
taxes,
shares.—V,
common
Galvin Manufacturing
$720,328
tAfter
$259,-*
157, p. 132.
The
corporation
the
•with
the
SEC
registered
account
of
.' •
Y 9
-5
J.
1
are
•.-
Y!' Yy-
issued
'Y
■
.'.Y'Y
1
registration statement (2-5095)
stock
(par $1).
The
outstanding and are to be sold for
filed a
of
15
shares
and
common
stockholders.
*
Paul H. Davis & Co., Chicago, are named
underwriters of 20,000 shares each.
By an agreement entered into
between
at
Feb.
40,000
certain
Hickey & Co.,
as
on
for
Corp/, Chicago—Registers With
'■.•'.1
■,
^
the
Inc.,
and
Paul V. Galvin and Harris Trust & Savings
the estate of the ldte William A. Galvin, the
agreed to purchase the shares being registered
The shares will be offered to the public at $8.50 per
underwriters,
executors
of
have
$7 per share.
share.
Gar Wood Industries
(Excluding
(& Subs.)—Earnings—
the
Canadian
subsidiary)
*
Jan. 31,
Quarters Ended—
Net
sales
Profit
Federal
Excess
and
profit
per
taxes—
1,023,571
170,000
• 510,000
78,152
■
*1,113,720,
:
*
$432,284
——
share
—!
deduction
($1 par)
"'.' ■:
$7,940,373
1,624,156
income
profit staxes
*After
"shares
1942
$10,996,370
—
taxes
State
Jan. 28,
1943
—
before
/Earnings
Report—
releasing the 1942 annual report showing consolidated net income
<Y
number
n,,; . .
—_
for
reserve
SEC—
Net
Co.—Annual
■
*$254,795
_!.
for estimated Federal income
*157
157,
552.
In
.
stock,
shares,
Flintkote
of
liabilities,
(66,821'shares, no
treasury
(5,400
accrued
the same
•-■' /;■-...,
" Y
share—
per
underwriters
1.942
cash value—life
inventories, $207,
(less reserves for deprecia¬
expenses
and other deferred
banks,
accounts
$1,337,209),
charges, $24,619;
31,
Dec.
operation,
earnings
$Earnings
Bank,
Sheet,
in
.Y;Y !•
*
$2.49
other expenses, including
depreciation and Federal income
costs
deducting
$362,760,
profits taxes.
Balance
insurance,
——Y
—!.
1942..
—...
operating
before
but
31,
473./,Y
p.
3 Mos. Ended Dec.' 31—
shares
Balance earned
stores
75
now
157,
Food Machinery Corp.-
}
■■".
76,851
....
Adjustment of prior years' Federal income taxes..
Earnings
are
;Y ago'.—V.
228,273
1942——
1,
—
quarterly dividend of $1.50 per
preferred stock, no par value, payable
157, p. 602.
Y4,351,146
106,817'
consol.)*_;
not
gTreasury stock'
104,554
Crl0,455
!—■
——
credit—.*———
Adjustment of prior years' depreciation provision.
usual
to holders of record March 5.—V.
2,612,205
-—*———*—.
suzs.,
Capital surplus
;
Net
Balance
share.
The
1941
$1,826,366
,
& Dock Co.—Earnings
$460,964
Excess
payable
were
(net)
for self-insurance and
Prov.
Pa.—Deben¬
———_
taxes
Income
share on the
payable March 10
1942
.
31
Dec.
in settlement of indebt.—.
excess
gProv. for Federal,
-
213,669
Depreciation
per
during
/
••!
,■
.
$2,026,492
*
i-*!*!*!!!!*!!!!-!—!.
--—_--_*-*--:!*!*v—j,!!--:
deferred
and
Accrued
;
Steel
Statement
date.—V. 151, p. 2799.
Empire Power Corp.—Participating Stock Dividend—*
Sheet,
———
contracts,
Liabilities—Accounts
.
Balance
hand
on
(incl, foreign
royalty
Accounts
.
income
*Net
10
time declared the usual quarterly dividend
on
record the
,
>
approximately 3%
are
years
1942
banks
There
20 cents per share
to holders, of record
quarterly
the
,
Liabilities—
1942
.
and
issue.
The directors at the
of. 17*/»
declared
of
Total!!;!—*!-!_—*!—■—!—*!*!!!
Sold
maintenance
The
each
ended Dec. 31, 1942
consolidated at current rates of exchange.
Y
!
are
Patents,
•
stock
Empire Capital Corp.—Larger Distribution—
;
/
subsidiaries which
for
Privately—Company has sold privately to
;~V. 157, p. 552.
■■•
'
■••V,- YYv, ^ •''•,■
,'/
.-!■/■• ■
an
insurance company $1,000,000 4% serial debentures
at par,:
The sale was consummated through Eastman, !
.Food Fair Stores, Inc.—-Sales Higher—
Y Y Y Y
Dillon & Co.
The proceeds will be added to working
Period End. Feb.
20
1943—4.Wks.-r-19421943—8 Wks.—1942
Sales
—!
capital.—V. 157, p. 728.
$3,912,519
'
$3,363,776
Y ! ■'
-,Y v. •
r
$7,362,220
$6,692,911
would
$15,000,000
of
$1,500,000 in annual dividend
over
$264,756;; total,
'
/
$37,772,379 $37,507,261
.
taxes,
post-war refund,
taxes,
Y'tion of $6,347,623 in 1942 and $5,752,339 in 1941.
*
,
income
net
tNotes receivable;
$28,559,270 $28,857,180
7,167,595
6,899,465
„
stock
capital
other
'Accounts receivable (customers)—
——
Other accounts receivable--—-***-!*!--!!—-!:
1,077,289
202,442
141
1,831,844
and
'
in
Earned
—
•
Assets—
34,751,532
—
Fitz Simons & Connell Dredge
'
;
above
1941,
Cash
$37,772,379 $37,507,261
—
reserves
refund of $300,000 under
after deducting
$252,756;
taxes,
Comparative Consolidated
'Y,
8,607
YY.Y, 160
•;YYY 5,776
collected---/
TotatY:i!*!Y*!!!-!!!_!**-!-!
^-..VYYYY"!/:'J ' •■:
'^YYY:-/;-!
income
profits taxes,
earnings of Canadian
the
and
VY 179,740
6,643
.
X.- >\y
„
and
Federal
$1,281,716
34,959,135
—!—.
——„—*—!—
expenses
flncludes
1941
Y,.
184,702
;Y'Y-/" 7,914
——.
surplus
surplus'
$1,031,131.
pared with $3.16 per share in 1941.
*Less
Dividend—
Federal
.were:
excess
social security
Post-war refund of
185,788
;.Y'YY; -:-Y;'"
($10 par)-——.——-—'—;
Capital stock
677,546
$2.11
$2.10
$757,926;
$2,700,1942,
$3,975,437; total, 1941, $2,212,539.
Domestic taxes referred to above
amounted to $5.57 per share of common stock during 1942 as com-'"
000;
31
1,173,951
-
-
tures
Inc.—Regular
1942
Federal
1,748,651
$1,254,103
Y,
assets
not
tax,
profits
excess
672,996
685,196
•
taxes, including taxes charged to" operating costs and ex¬
accrued on the books of the company and its subsidiaries
Prepaid
affiliates
Liabilities—
cents per share has been
Bros.. Stores,
Federal
685,196
..
Domestic
*
Edison
Y
699,706
■ji-y- $2.34
Real estate acquired
Dec.
Total
declared on'the common
-stock, no par value, payable March 31 to holders of record March 15.
During 1942, the following distributions were made: March 31, June 30
'-and Sept.-28, 37V2 cents each; and Dec. 18, $1.50.—V. 155, p. .1406.
A
$2.18
$1,432,383
$1,436,550
i":!/ *—__!'
94,500
/;
profits tax (after deducting post-war
1942) of $2,700,000.
: V z
excess
;
-
713,703
1,720,788
L—*-.
fixtures
but
earned
of
Accrued
.
and
Earned
Eddy Paper Corp.—371/2-Cent Dividend—
.
per
Common
•
any
shares-
share—
com^
Earnings
$1,737,661
689,573
•JPlant and property
1942
receivable
accounts
and
other
15.8
of
$1,727,154
174,646
15,746
securities
and
and
29.0
/
"v
107,932.
<
Y; 361,225
638,458
$2,200,363
-*-_——
obligations—*!—!-
Office 'furniture
10.3
"20,460
17,000
157,889
91,282
124,932
Co.
above
The
Other
Interest
174,103
Corp.
Light
223,065
502,605
!
!,._*,,*
/
—
——
Government
Stocks
Pet.
Amount
222,710
:
Inventories:
:/Y;
.
banks-,
in
S.
Real
—-Increase—
1942
1943
Operating Subsidiaries of-—
American Power & Light Co.
National
U.
Thousands of Kilowatt-Hours—-—
YY
299,085
*1,890,350
..
surplus.!
$1,795,005
paid
Assets—
.*/!'■'
$2,016,672
..
421,773'.
dividends
Outstdg.
36,933
income
Dividends
:•!;■/
.-•••'•
Electric Power & Light
■
earned
Investments
Cash
the
$2,161,865
.
dividends!*—*
$2,253,041
$1,795,005
-
and net profit on
!
carrying values of stocks of affil-
securities
applicable to current period
Net
■,
System inputs of client
operating 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
week
the
90,000
$3,927,096
.13,591,772.
—
Common
429,817
Comparative Balance Sheet,
For
——
.
inc.:- transferred
to
$1,823,225
Reduction
payable
been
48,726
./.,
.
U. S. Government securities
per
6%
the
on
March 15 to holders of record March 1.
Like amounts have
paid on this issue in each of the 17 preceding quarters.
Arrear¬
on Nov. 15, 1942, amounted to $46.50 per share.—V. 157, p. 602.
24,284
"
'
.
Preferred
an
Ry.—Accrued Dividend
Eastern Massachusetts Street
205,367
221,889
$5,740,701
(est.)_Y—
charges (net)-—
State and for-
./Net
j
$1,968,392
37,095
48,637
-
$1,721,305
312,230
Y
'
Y.eign taxes
•
•
$1,874,742
48,373
$1,746,368
of
2,883,895
462,612
,
s
—
Profit'
3,286,561
439,407
252,840/
w
opera-
Federal,
$2,005,487
182,262
•rsales
>J
■
$5,067,812
$3,566,141, $1,939,976
$5,463,577
fevenue-^.-—_
profit, from
Total
Charge-offs, less recoveries,
A
;
———
tion abroad
>
1942 Y
-
earnings—-———
earnings
:
,
Balance'-!!—L——
Royal
176,747
operating
V
$5,665,944
'
Income :*———*—-**!—****
Net
Other
.
,
12,096,337
Revenue Act of
Operating expenses and provision for taxes——
Colony Trust Co., trustee, 45 Milk St., Boston, Mass., will
on Feb. 26 receive bids for the sale to if of first mortgage'
Old
The
convertible
A
Y.
Y
685,437
expenses
>
affiliated with
—_!_—„*—$1,923,115
'Gross, earnings
•
v-y'!/:\V'yYY
Sought—
1939
',. -•
14,231,804
-
.
4,146,549
not include recov¬
reported do
earnings
The
other
and
22,711,391
depreciation)-—„
Depreciation
of
Eastern Corp.—Tenders
until
earned
.•
19,021,201
v.,
.
profits on the sale of bonds.
value
of the stock of
Interest
1940
1941
1942
•
.
;
Report—
for 1942 of banks
per share.
.
;
,'
••!*
.Years Ended Dec. 31—
'
Dividends received from affiliates—
$121,936
$153.289,
$182,100
income—*
Deficit.—'V. 157, p. 440.
oper,
1940
1942 Y
/
1943
$208,500
65,410
Y
31,556
' ;•;
railway
railway
January—;:
Gross
YYY.
———.$33,006,953 $27,151,169 $19,897,748 $17,164,148.
$8,129,969
>,
Y:'Y
the corporation, based on the
underlying book values of banks and other active affiliates on Dec.
31, 1942, was $17.25 per share on outstanding stock.
Book value per
share at Dec. 31, 1941, was $16.26.
In 1942 the corporation paid to
stockholders dividends totaling $1,720,787, the equivalent of 60 cents
$Repre-
cost.
1942
/../Y'Y YY
Calendar Years
Account for
Income
Gross profit on sales,
' /;.':: Y ■
..before
depreciation $10,295,562
/.Selling, admin, and gen.
"
YY
Distributions
and Oct. 10,
the usual quarterly dividend of
stocks, .par $5,
declared
11
Stock Corp.—Annual
share.
per
during
the .company
of
(Includ. United States and Canadian subsidiaries)
sales—
Of
book
The
.Consolidated
*
Cost of goods sold (excl.. 1...1
amounted to $3,446,649, according to the corporation's
report. The portion applicable to First Bank Stock Corp.,
annual
eries or
Earnings—
Pacific Ry.
&
Net
;
Baltimore—Omits Extra—
operating earnings
net
books
were
'
together with operations of the corporation and other active affil¬
iates, produced combined net operating earnings of $3,301,922.
This
was the equivalent of $1.15
per share on 2,855,927 shares of capital
stock outstanding on Dec. 31,
1942.
Comparable earnings for 1941
$24,333,753 $25,114,369
tAt cost or less than
par shares.—V. 156, p. 1862.
Feb.
on
Bank
corporation
14th
•516,698
deducting depreciation,.
Winnipeg
;■"■"!
share on the class A and class B common
per
1941
share has been declared on the common
cents per
15
for
'
•./•";
r-,
Y,
;
115,817
the
were
Dcluth
■
Co. of America at
Combined
'
11,075
19,153
1
—
61,240 no
1942
paid on both issues of common stock on March 31, June 30, Sept. 30
and Dec. 22, last, year, in addition to-the regular quarterly payments,,
of 15 cents each.—V. 157, p. 728.
v
■!
,< ;
®958
■*
162,971
| /Common" stock and ■surplus-——!!!_!*_!'
sented by
■!■//.
•
the
on
$3,975,437 or $5.57 per share of common stock.
Compar¬
$2,212,538 or $3,16 per share.
Taxes for
amounted to approximately $950 per employee.
;
YY ' :
6,288
regular quarterly dividend of 67/s cents per share on the
5 Va %
cumulative preferred stock, par $5, all payable' March 31 to
holders of record
March 20.
Extras of five cents per share were
74,055
T
——
of
directors
cents
400,000)
!, 116,812-. ,! 127,031
contingencies—.
for reconstruction and equipment
After
105,890 Y;
/
accrued
taxes
to
figures
$125,056
$138,208
payable March 31 to holders of record March 15.
1942 were as follows:.
Jan. 9, April 10, July 10
and Dec, 30,^30 cents.—V. 157, p. 727.
1
The
15
.and
363,210
307,938/
------
$14,022
YY!
5,939
—
440.
p.
Finance
107,920)
wages——-*—
preferred stock ($100 par)——————-—-
*
•'Y
590
'
$3,890,500;, $4,829,900
138,178
.79,361)
for
Total
$131,344
$144,147
$14,612
,
the war.'/
Domestic
amounted
i
47,352
28,699
,
.Injury and damage and employees' comp. claims
liability, outstanding tickets—————
Y
undertake the manu-the Gov¬
products under contract with
confidential
certain
after
years
66~204
9,797 •;
/Service
5%
•;
509
cents each,
10
44,521
.'Federal and State income taxes—
Reserve
.
$18,824
——-
declared
dividend
126,829
400,000
90,334
/Deferred and suspended credit items!
.
.
Federal Water & Gas Corp.—15-Cent Dividend—
966,090
—
—
Accrued bond-interest-
;
$18,315'
charges
157,
A
(other than income)
Reserve
—v.
43,659
$24,333,753 $25,114,369
Accounts payable
6,333
>
income
365,280
—
———
Salaries, and
Taxes
Net
1,004,441
Liabilities-
debt
accruals
Income .!***—*
Dividends
119,550
—
Funded
effort by maintaining its production
and consumers products at a high
war
industrial
the company had been able to
Flintkote report discloses the largest-sales volume in the com¬
42-year history.
Net sales for the year ended Dec. 31, 1942,
$33,006,953, an increase of 22% over the sales for 1941,
In amplifying the report's comments on. the post-war construction
outlook, Mr. Harvey said, "I have been impressed by. the unanimity of
opinion on the part of leading economists and industry authorities
regarding the post-war demands for housing.
The consensus of their
estimated annual requirements is 1,000,000 dwelling units.
The range
of estimates varies from 900,000 units per year to-1,200,000,
The
duration of this high demand has been estimated at from live to ten
580,572
5,950
9,065),
—•
Prepaid insurance and taxes
-Deferred and suspended debit
the
to
materials,
were
,$960,638
54,311
revenues—
income
reserve
Gross
395,184
Deposit with trustee for bond interest
U, S. Treasury tax notes——'
Sundry receivable
of
'Y';.-.' Y!,,'vY'Y-v
43,634)
.!.!***-—r ■'
:
contributing
of efficiency
pany's
1943—12 MOS.—1942
t820
investments —
—~ *
Deposit with trustee under employees'comp. law
Deposits with bond trustee——.—.—i—-------—
*
to
building
The
Co.—Earnings-
5,991*
—
oper.
Interest
1942
Sundry
Materials and supplies
tion
able
Y/Y: 1941
^Property, equipment, franchises, etc. (net)~*l~ $22,067,964 $23,063,095
247,231
148,443
Real estate not used in operations——:
971
159,931
'Cash
rate
$121,76365,337
___
—
r——
Retire,
Sheet, Dec. 31, 19 4 J
■Yz'Y.:YY;:
■
of
1,080,317
1943—Month—1942
Balance
-Assets—
.
facture
revenues
Non-oper,
1$28,024
$26,519
corporate purposes,
$770,276
$121,356
tFor debt maturities, sinking tunds and otner
"Tneuides depreciation.
JDeficit.
:
Consolidated Balance
1,973,794
1,577,219
.
Maintenance
400,000
ctfs._
2,473,834
1,462,147
250,137
246,345
—!_*1—_
tBalance
2,913,480
1,635,305
Period End. Jan/31—
and
tr.
157, p. 692. '
Taxes
luxes—
$9,526,308
4,425,575
income—..
oper.
Fall River Gas Works
$267,546
$211,069
14,588
242,727
233,625
Fed.
income
on
—V.
Jr., President, pointed out that the company had found a
market for its peacetime products in the war economy largely
through its normal distribution outlets.
He also stated that in addi¬
ready
1940 ■
$7,117,055
ernment.
$225,657
! /'/ - 2,067
*_
bonds
for
Provision
359,ill
366,749
ry,
railway
from
Net
$367,656 '•
$1,403,901
—:
Net
Monday, March 1, 1943
••
Harvey,
1941
$7,595,367
1942
1943
$11,681,967
railway
from
Gross
<
—Earnings-
January—
„
553,935
general and
on
refunding
Int.
2,030,365
569,807
355,301
underl. bonds—
on
$2,988,563
*2,361,263
$356,664
6,511
—
$3,017,539
1,885,785
$3,312,137
$1,397,389
revenues
oper.
Oper. expenses
1939
1941
$4,855,682
2,491,133
646,460
320,700
Years Ended Dec. 31—
Total
1940
.
Erie RR
;
(& Subs.)— -Earnings-
Denver Tramway Corp.
•
FINANCIAL CHRONICLE
THE COMMERCIAL &
816
for
post-war
refund
of
of common stock,—V, 157,
.
.5.
f
_rM
p.
.
s•.
$343,571
$0.52
•
$123,080.
$0.40
fOn
800,000
553.
: < ii.j
1
< • !.;
'
-
•"
ii^v*w,4'4PMr4hi'to
IVM**
i
w
vi'." fkiK.*' JWutfrm
'M' 'toMi'M1* M
ifti
V.1'
' ''''n
^Hili-'i1. V.W
A
"
toipj-4frtAt4J.l,^('V tiVt*'
t
-
directors have declared
dividend of 50 cents per share on the
a
ments during. 1942
class
Pay¬
follows:!., March.^6 and June 15> $1 each,
157, p. 220.
;
• '
were, as
interim
An
payable .Marclr 9 to, holders of record March, 2.
stock,
common
Houdaille-Hershey
Gamewell Co.—50-Cent Dividend—
(The)
The
;
B
dividend of
1943
$33,200
.•••••;•• -
Operating revenues—7>
—V. 157, p. 728..
.
p.
156,
,
dividend
no
of
$203,735
$228,151
-
,
.
The
estimated
Disbursements
cents
30
1952.
P.
during
each;' Sept.
'
'
■
$1.13
for
>
.;.'
j
:
the
months'
12
Federal
the
the
account
on
12
months'
to
accumulated
554,
P.
■■
of
taxes
$100,000,
1,
Sept.
Aug.
period ended Dec. 31,
income
of
accumulations
period
and
ended
the
on
10
and
1942, $149,416,
compared
as
1942.—V.
have
the
on
1
declared
common
and
Nov.
151,
with
first
preferred
1942.
On Dec. 31,
the first preferred
Sept, 30,
dividends
unpaid
'
v.'v,;
-.V..
.
Fireman Mfg. Co.—Common Dividends—
directors
each
June
Dec.
10,
four
regular quarterly dividends of 30
par value, payable March 10,~
of record Feb. 23, May
10,
Like amounts were paid during
stock,
1
to
no
holders
respectively.
3241.
p.
on
Jewel
/ ■'
.
7
'
'
Tea
Co., Inc.—January Sales Up—
Four Weeks End. Jan. 30—
Sales
1943
;
—V.
157,
604.
p.
1942,
John
stock
Hancock
1942
$4,312,519
'
.
stock
Increase
$3,953,341
9.09%
,
Mutual
Life
Insurance
Co. —Annual
Report—
aggregated $3.76 per share and on 32,500 shares of second preferred
stock $1 per share.
A dividend of $1 per share on account of accumu¬
lations on the first preferred stock was
paid on Feb. 25, 1943.—V. 157,
holders of record Feb. 26.
1942 were as follows:
March 20 and June 20,
19, 50 cents, and Dec, 19, 90 cents1.—'V. 156,
20
Iron
2307.
income
of
$141,071
after
estimated
Federal
income
taxes
of
$12,929 for the 12 months' period ended Sept. 30, 1942; equal for the
12
months' period ended Dec. 31,
1942 to the fixed dividend of $2
per share
and $1.32 per -share on - accumulations on 45,000
shares
of first preferred stock, as compared with
the fixed dividend of $2
1942
1943
has been declared on the common
cents per share
40
value,-payable March
par *
!
.
n*t
—Jan. 1 to Feb. 14—
Glen Alden Coal Co.—40-Cent Dividend—
v
t A
the
on
.
and
stock,
if
City National Bank & Trust Co., corporate trustee, 208 So. La Salle
St.,
Chicago, 111,, or at The National Shawmut Bank of
Boston, 40 Water
St., Boston, Mass.—V. 157, p. 730.
Diy.—
declared
,
after
1942 ..
$34,975
'■
-
share has been
per
Huyler's—Earnings for 1942—
'
—Week End. Feb. 14—
■
1
817
March
Net income for
Period—
'
cents
Georgia & Florida RR.—Earnings—
1
cents
Bireley's Inc.—See
latter company.—V. 156, p. 2306. 't
'•
Corp.—25-Cent Class B
25
no par value, payable March 20 to holders of record
Ejuring 1942 the following disbursements were made on this;.,
i'8 and June-15, 25 cents, and Dec. 21, 50 cents.—"
issue:
Sept. 15 and Dec. 15, 50 cents each.—V.
General Foods Corp.—To Acquire
v
1,iVh i
f!
;
stock,
March 5.
V.
and
i 1
1
THE COMMERCIAL & FINANCIAL CHRONICLE
Number '4155
157
It
i<
_
Volume
Tiy^nvn ', (JwH v UV
Since Pearl Harbor,
the company has purchased $117,040,000 in war
bonds, Guy W. Cox, President, announced at the 80th annual
policy¬
holders' meeting.
l '
Outlining the record of the company under war conditions, Mr. Cox
f
:
•'
t
,
•
,
Grand
*
Lodge
of
State
the
Louisiana "(Free and
of
Accepted Masons)—To Retire Entire Issue of Bonds—
All
of
the
Hyde Park Breweries Association, Inc.—50-Cent Div.
A
refunding
$955,700
dividend of 50
mortgage
Idaho Live Stock Lands,
directors
January—
1943
railway
Net from railway
-Net ry. oper. income™.
—V.
157,
1942
1941
1940
$2,809,000
from
$2,389,000
$2,364,517
890,276
697,507
457,839
244,814
387,469
$2,124,647
504,290
286,118
.
662,393
18.
directors
Vhare
the
on
liquidating
V.
156,
have
declared
stock,
dividend
special
a
$1,
Special Dividend—
of
40
cents
the
'
on
stock
i
1
-
'
1
■
•
distribution
A
of
Bell
I*"'.
'
Operating
par
Telephone
1
of
$10
This
*
$
expenses—,77
*
24,809
Net
oper.
Operating
Gas
Light Co.—Earnings-
*
1943—Month—1942
Operating
revenues——
Operation
i.—.—J—ZL'
$56,629
$51,545
$580,393
35,242
2,486
7,758
376,465
2,240
8,933
revs.i_—:!7-;'
inc.
(net)™.:
Balance
7
$6,905
357
/
77
Retirement
*
res. accruals
Gross
income
Interest
charges
Net
31,407
.*-? 87,415
7
7
$80,123
—V.
\
157, p.
*7
$3,460
7
46
$4,299
$3,417
7
.
7:7;
directors
The
the
Like
amounts
and
Dec.
on
Jan.
stock,
capital
1,431,046
19,412,186
977,180
1,184,526
10,094,979
11,751,563
Federal
Other
1942
:7:
V
^
.
'
1941
,
were
on
,<
*'504,875
:
-I,—-.
deductions
Net
$3,016,822
'
.
1939
$2,835,482
$2,705,375
1,815,485
1,558,169
Assets
$1,277,313
$1,259,379
504,875
494,003
> " 483,945
68,451
76;297
126,261
<
directors
Sheet, Dec.
31
:
1
—
156, p.
"
,
75
cents;
p.
603.
declared
have
™
of
cents
50
15 and Dec.
15, 50
share
/
directors
on
on
Feb.
declared
24
of
.;
19,0537
17,646
dividend of
a
Distributions during 1942 were as follows:
v.
Sept.
157,
p.
25,
603.
.
.
profits taxes
cents
50
7VV/7 7,;'7
cents
a
excess
Customers'
Matured
12.
Customers'
;
>
Accrued
95,817
:
accrued
advances
for
254,050
162,871
—_
liabilities——.-!—-
construction-..—■
;—
v>:7;
■
7";
7*•
;
while
15,438
V.
13,904
87,212
,
2,422,401
.
has been declared on
the
direct
America
■
^y
.
hV'..: :
.7. 7.;:
■,:
■
Co.:ot „NortK Amen<^—Advertising
its
and
.
Di- *;
^-
formerly in charge of publicity^,has been appointedadvertising and publicity departments of the ; North
Companies, comprising the Insurance Co.' of North America*
affiliates.Mr.
Joyce spent some-years in newspaper .and'
-
,,
the
advertising agency work in Philadelphia. He formerly
the Evening Ledger.—V. 157, p.
164.
77 . 7.-,
common
that
17%
of
each
the
of
cash
City Editor
7.7- ; ;
7:,
was
of
Buffalo—Company In Sad Plight—
Adjustments of $5,700,000 in Accounts Ordered by'P. S.
Commission— "
r
'[
v
Adjustments
ordered
made<
road
this corporation to its stockholders during the calendar year 1942
was paid out of increase in value of property accrued before March
1,
found
its
1913,' and under the provisions of Section 115 of the Internal Revenue
exempt from Federal income taxation.
It is also exempt from
have
$5,700,000
of
"It
income
should
be
taxes and
may
be non-taxable in other States.
that this
understood
determination
is
subject to
in
the
accounts
of
the
company
and
memorandum
Department of data to be filed by the corporation to substantiate the
above percentage of non-taxable distributions.
"Any excess of tax-free distributions for 1942 and prior years over
the'original cost or other basis of your stock is taxable."—'V. 156,
missioner
2131.
.
'
.
Lighting &
Period End. Dec. 31—
Operating
Operating
*
734,735
expenses-
167,962
taxes
v7
7
oper.
1,285,520
$344,738
1,697
revenues-
income
$273,220
$3,989,277
$4,047,408
2,472
3,170
9,435
$346,435
$275,692
96,342
$3,992,447
1,150,879
$4,056,843
90,099
$247,336
$179,350
$2,841,568
$2,922,279
Dividends applic. to pfd. stks. for the period—
315,078
315,078
$2,526,490
$2,607,201
Gross
Net
income
<
etc., deducts..
income
—
1,134,564
—
————
"Preliminary figures.—'V.
157, p.
164.
by Commissioners
and,
of the financial
by
Milo
with
R.
some
Maltbie, George R. Van
partial dissent, by Com¬
Bray.
this
condition
investigation
is
of
a
this
transportation
sad
one,"
com¬
Commissioner
-,'7,
are
fully covered
in
the
past
by net
few
assets.
This
deficit
has
been
steadily
What
years.
its
$9,000,000
of rail property, probably during the course of a few
In the face of this well-nigh impossible financial situation,
management is still attempting to meet its problems by temporiz¬
ing methods.
the
is
not
complete
as
The
within
the
power
reorganization
of
granted lo
the
this Commission to
financial
structure
of
compel
companies
this, even though the facts indicate its advisability."
then makes
specific recommendations for bookkeeping
order
improvements.—V. 157,
p.
346.
Iowa Union Electric Co.—Bonds Called—
of
the
of
20
156,
of March
due May
1,
1945,
have been
15, 1943, at 101 and interest.
called
for
15:
87y2
cents
per
6% gold
redemption as
Payment will be made at the
1953.
p.
cents per share has
been
declared
declared
extra
an
dividend
quarterly dividend of 17J/a cents
An
of
extra
both payable April
30
cents
on
the
common
was
also
of
30
paid
cents
share
per
1
per
on
the
share
com¬
to
holders of recprd
on April 1, last year,
'
p.
the current year's
almost
;;
or
«
1
over
In the
total tax expense would have been $2,758,over
1941.
Interest and other income
increase
principally as a result of the refinancing.
amounted
to
$14,598,313,
an
increase
of
despite the effect of dim-out and black-out regu¬
revenues
1941,
the
and
lations
15%
decreased $48,545
"Operating
-
$518,870
reduced
sales
of
electric
May refinancing operation 6%
debentures
were
retired
through
and
appliances."
gold bonds and 5Vz%
gas
secured
issuance
of
$10,000,000 of 3%%;
sinking fund debentures and $833,000 serial notes. The company sold
$30,205,000 first mortgage 3%% bonds in October and the proceeds
this
with a $1,550,000 short-term bank loan, were used to
refunding mortgage bonds outstanding.
estimated," Mr. Barrett said, "that the refinancing will re¬
duce interest and fixed charges nearly $190,000 per year after the
moneys borrowed on short-term loans have been repaid.
And it is
worthy of note in this connection, that payments of $650,000 have,
been made on account of these short-term loans during 1942 to the
retire
"It
issue,
4%
all
is
the
that
end
balance
due
was
$900,000
as
of December 31.
"Operating expenses, exclusive of maintenance, reflect a net increase
$80,592 after giving effect to a reduction of approximately $92,000
in the amortization of expenses relating to inventories of utility plant
of
and
proceedings before the Public Service Commission.
Operating
on
a
comparable basis (with 1941) increased by approxi¬
$172,000 due principally to the substantial increase in the
quantities of electricity and gas produced, the increase in the amount
of fuels used and the relatively large increased cost of such fuels.<
Ixpenses
mately
'
directors of the company secured insurance coverage against
damage and damage due to civil commotion or sabotage at $21,300
second half-year.
Correlated to this item of expense was that
"The
war
for the
of
the
the
property in order to provide the degree of
the Army and Civilian Defense authorities.
by
expansion
"New
in
the
staff
of
armed
guards
engaged
in
protection
policing
required
was installed and new additions made to existing
in an amount of $2,303,000
during the year.
This
total
approximately $550,000 in connection with the new boiler
installed and placed in operation, at the Glenwood power plant.
The
difficulty of obtaining materials and the restrictions against the
use of those materials which the company actually had on
hand, are
responsible for the total amount being below those annually expended
property
facilities
includes
for
outstanding Keokuk Electric Co. first mortgage
bonds, series A,
March
cumulative
effected
•
"It
the
All
'
Balance
wss.
the
Brewster
record
s
dividends,
April l, 1941, an extra distribution of l2>/2 cents was made.—
921. .
77:v;:
'...
on
155,
of
'
which is operating in a war boom area,
Commission since March, 1941.
The
written by Commissioner Maurice C. Burritt
by
years.
such
Interest,
from
may happen
to it in the
depends primarily on how long the present abnormal earnings
continued, and how soon the remaining rail property is retired.
"When the present transportation emergency has passed and earn¬
ings drop, the company will be faced with the retirement of most of
.
Net
adjustments
eliminate
are
Property
Other
total
to
future
788,213
1,300,000
the
wrote.
increasing
_
105,000
Of
already agreed
about $5,250,000.
"Depreciation reserves are markedly deficient, profit and loss account
a deficit of more than $5,000,000, and not even
the outstanding
* 1942—12 Mos.—1941
108,333
retire, reserve
appropriation
condition.
has
shows
$1,215,888 $16,483,839 $14,318,630
601,604
6,637,621
5,987,230
172,414
3,707,676
2,210,259
840,265
company
William
M.
picture
revealed
bonds
63,650
in
Neal
"The
pany
V'77/7
71,147
——
and
Burritt
Co.—Earnings-
1942—Month—1941
$1,426,915
revenues
Federal taxes
Other
'•
Power
the
investigated
concurred
Namee
Houston
financial
sad
a
affairs of the company,
been
changes that may become necessary upon audit by the U. S. Treasury
p.
in
of
following quarterly
Lang & Sons—Extra Distribution of 30 Cents
1.'
deductions
were
by the New York P. S. Commission, which found thef7
operating property accounts
latest
any
be
24
necessary,
The
Code is
Feb.
to
by
California
3820.
preferred
235,
.
International Ry.,
15 stated:
distributions
holders
7%
the
Long Island Lighting Co.—Annual Report—
,.
estimated
p.
Net income of the Company in 1942, - after all charges and taxes
$2,335,737, < an indicated increase of $764,470 over the net for
1941, according to the animal> report sent to stockholders by Edward
F. Barrett, President.
7
"The
principal reason for this apparent increase," Mr. Barrett
explained,
"was the reduction of tax liability arising out of the
refunding of bond indebtedness, certain large items, such as redemp- t
tion premiums, having beep held to be allowable, deductions in the
determination- of Income tax. If the refinancing had not been effected
the net income would have been approximately $640,000 less than the
amount stated, or about $125,000 more than in 1941.
,.,.''7
"Expenses of taxation (including provision for Federal income tax)
amounted to
$2,118,235, or-an- -apparent decrease of approximately'
$270,281,
Had the reduction of $640,000 in tax-liability not > been
$27,154,850 $26,413,865
157, p. 729.
Arthur Joyce,
Honolulu Oil Corp.—Dividends Partly Taxable—
is
Redemption—
Ill; V. 145,
p.
was
■
President A. C. Mattei, in a notice to stockholders, on Feb.
146.
7,
2,132,807
:
■
"it
7,712
$339,806
"
2,075,858
Insurance
to
7:
B
stock7nor par value,
March
31,014
87,212
—
dividend
(J. A.)
2,047
,i
—
A
831,308
rector—
,
stock,; no par value, payable April 1 to holders of record March 15.
During 1942 the following disbursements were made:
Jan. 2, 50 cents;:
April 1, 40 cents; June 15, 55 cents; Aug. 26, 60 cents; Oct. 1, 50 cents,
and Dec. 24, 45 cents.—V. 156, p. 2131.*"-7'■
:y7v7>,' ■<;
7
$570,852
.
7v;.,,.
above.—V.
declared
20
cumulative
The directors have
7,300
922
in aid of construction————i—
Total
;:7;■ '!
Holophane Co., Inc.—45-Cent Dividend—
*
*
.
stock, payable .March 12 to holders of record March 1. > Payments
during 1942 were as follows; March 14 and June 12, 20 cents each;
and Sept. 14 and Dec. 11, 30 cents each.—V. 156,
p. 1953.
mon
——!j.—u-—2,105,582
Surplus
-V.
to holders of record. March 5. "A year-endf
on Jan. 4, this year.
Payments
cents per' share
Co.
preferred stocks.—V.
164,747
989,121
.
.....—._—■.—t—: ;
interest
Reserves
during 1942 were as follows: March 14, June 15, Sept. 15 and Dec. 15,
25 cents each.—V. 156, p. 2039.;;
.;77;/,7
to
l
series
and the .usual
29,748
o.n.
;*
distribution of rlike. amount was made
D
252,437
261,788
debt.—_•''
advance—.———.
7
premiums
Contribution
the common
A dividend of 25 cents per share has been declared on the common
dividend of 45
.7-.;
v,
95,747
6.234
(I. B.) Kleinert Rubber Co.—20-Cent Dividend—
5,250,000
14,425,000
85,331
-
14,425,000
interest
Revenues billed in
on
series
$1,054,900
5,250,000
<
deposit
Unamortized
.
; A
'
$443,265
234,210
April 1, July 1, Oct. 1 and Dec. 29, last year.
Previously the com¬
paid regular quarterly • dividends of $1.75 per share on the
B preferred, $1.50 on the series C
preferred, and $1.25 on the
266,336
100,130
L
—
current arid
Other
(A.) Hollander & Sons, Inc.—25-Cent Dividend—
payable. March 15
•*$811,296
7 7<vt
series
.
stock,
108,000
pany
884411
165,831
stock$1,054,900
stock
Long-term debt
7/;; ' •
.
6%
Feb.
on
April
the
C
on
Liabilities—
Preferred-
stock, payable April 1 to holders of record March 6.
During 1942,.,
the, following payments were made: April 1, July r and Oct. 1, 25
cents each; and Dec. 29, 75 cents.—V. 156, p. 2306.
7"
':
40,000
158,000
preferred stock; 75 cents on the
stock, and 62Vs cents per share
on
the series D 5%
cumulative preferred stock.
These are half the
regular quarterly .rates oh these. issues, and like amounts were paid
$27,154,850 $26,413,865
Common
year-end of 90 cents.—
share has been declared
per
,t7:./
32,363
157,
share
per
Ilinde & Dauch Paper Co.—25-Cent Dividend—
A dividend of 25
$591,265
--^7
directors
payable
4,491
833,631
Accrued taxes
,
$1,469,296
500,000
Union Electric
on
7,
March 25, 60 cents; June 25
and Dec. 21,
cents each,
50
1,171,C65
taxes
554
series
19,279
....
267,980
s——;
of Federal
refund
'77';.Total
,,7<-
the common stock, payable March 25 to holders of record March
and
p.
share
469,583
118,661
108,713
Prepayment
Hercules Powder Co.* Inc.—50-Cent Common Dividend
The
1942
$1,762,930
2,021,543
—
Kingfs County- Lighting Co.—Preferred Dividends—-
all
1,577,499
"
7.
common
Payments
$3,490,840
expenses———
taxes
15.7,
The
' 1941
406,798
—
'Special deposits'
*
7-
1
t-
.•
Unamortized debt discount and expense———.—
Deferred debits ——————
March 15,
cents each.—V.
.
——i——_L_
Investments, general
on
holders
per
no
par
value, payable March 15 to
Distributions during 1942 were as follows:
and June 15, Sept.
the
10.
Southern Ry.—Earnings—
''
1943
income
See Iowa
637
Materials and supplies-——
:
dividend
a
on
March:
Keokuk Electric Co.—Bonds Called for
; 7
$24,514,123 $22,908,074 '
1942
•.
—___.
receivable
Accounts
a
2131.
receivable
Notes
25
stock,
common
—Y.
ri. $707,013 -J' $649,173 »:
7. $628,010
:-r
Post-war
The
declared
record
Net railway operating income———--.—.
1,445,996
$1,201,336
,$578,324
,
Balance
■
44,226
_
the
of
Railway
operating income—
Equipment rents (net debit)
Joint facility rents, (net debit)
M
1940
-•
Cr9,485.:
income,.!— :
corp.
$59,192
;
Hazeltine Corp.—50-Cent Common Dividend—
record March 1.
■
University,
552
518
49,140
Other
$59,744
dividend Of 25 cents per share
to holders of record Feb. 15v
Feb. 25, May 25, Aug. 25, Nov. 25
Feb.
disbursed
been
has
holders
——
income—- • $1,073,714
oper.
Interest
(Ltd.)—25-Cent Dividend—
declared
last year.—V.
24,
Boston
March 24,
Net revenue from railway operations--—.
Railway tax accruals-
157, p. 729. •
Utility plant
payable
of
$221,218,118.
and the
year
company.
.
14,620,456
77-7—,-.,
of
the
16,419,014
12,704,715
Net
'
26
to
Railway operating
.
35,000
7
$51,691 :.
...
Hawaiian Pineapple; Co.
\
share
per
24
follows:,
as
31,039,470
*
:
March
32,116,901
853,776
"on
payable
Kansas City
$94,744
35,000
$52,209
~7 43
•
'
for
Corp.—50-Cent Dividend—
cents
50
'
'
2,917
•
474.
of
in¬
new-
».
previous
Month of January—
Railway operating revenues——
1,393,289
Operating revenues ——" ;$3,087,763
Oper. exps., maint., de<
preciation and taxes2,014,049
10,992
•7 $87,209
$6,377
$4,345
V
7 7"
declared
dividend
a
to $1,288,048,650,
$121,550,284.
Total
premiums
the
Daniel L. Marsh, President
director.—V, 157, p. 640.
a
284,628
Indianapolis Water Co.—Earnings—
$83,751
7,086
in
records
are
which
1942,
$5,618,573,069,
i
.
of
year
meeting,
73,442,881
1,591,230
—V.
30,208
92,399
$6,058 7
;
3197
$7,262
2,917
_—!7-:
income
Dividends
7
■
than
in
amounted
the
including
more
incomes
78,168,504
1,217,435
'
7
$282,645,332,
premium
force,
to
75 cents, and June 24, Sept. 24
and Dec. 24, 50 cents each,—V.
157, p. 604.
' '
income-
Calendar Years—
oper.
of <1942
during
$10,778,264
as
during 1942 were
'
Net
close
gain
in
insurance
is most im¬
year
$540,008,541
of
351,041
'•Taxes .™-A™--!!™.'
Non-oper.
the
the
288,367
1
income
Net
$552,416
38,550
—
___
1943—12 Mos—1942
amount
at
was
was
elected
stock,
oper.
Net
•
:
>
increased
total
6,551,063
-
2,808,665
taxes
«'**•$
insurance
1941,
2,824,335
6,897,259
revs.--—
$
"
is
progress
in
Johns-Manville
9,400,207 110,573,772 104,766,979
'tev^ 7V7 23,026
oper.
of
during the
company
the
record
a
well
as
At
"1942—12 Mos.—1941
.
$
9,728,950
assets
total
was
-
test
the
largest amount in the company's history."
gross
,
;
real
brought
Admitted
value.—
par
Co.—Earnings—
1942—Month—1941
'J
>.
.
revenues.™
Uncollectible
made
Maintenance
the
progress of
$464,746,466
and
representing
gross .income
77'
"/ '
Jan.
Period—
record
Inc.—Liquidating Dividend—-
date
to
;
Period End. Dec. 31—
per
each quarter on this issue from Jan. 2, 1941 to and including
2, 1943, and, in addition, an extra of 12J/2 cents was paid on
July 1, 1941.—V. 154, p. 1596.
'
18.
Haverhill
The
creased
declared
18
distributions
Operating
common
Feb.
pressive.
common
common
254.
payable March 1 to holders of
12J/2 cents per share has been
record
the.
on
A
Gruen Watch Co.—To Pay 40-Cent
:■The
Feb.
on
the
on
Illinois
I
declared
A
553.
p.
has been
a
liquidating dividend (No. 6) of
stock, payable Feb. 27 to holders of record
liquidating dividend of $3 per share was paid on March 26,
last year, and one of $5 per share on Feb.
28, 1941.
The Feb.
27, 1943, payment brings to $28 per share the total of,
$2 per share
RR.—Earnings-
Feb.
Gross
per; share
"The
.
The
Grand Trunk Western
cents
Stock, par $10, payable March 10 to holders of record Feb. 25.
Dis¬
tributions during 1942 were as follows:
March 10, $1; July 16 and
Oct. 2, 50 cents each, and Dec. 29, $1.—V.
155, p. 2458.
"
7
-
bonds dated
March 1, 1935, have been called for redemption as of March 1, 1943,'
at 102 arid interest.„ Payment will be made at the Whitney National
Bank of New Orleans, trustee, New Orleans, La.—V. 155, p. 600.
outstanding
observed:
new
construction
from
in
recent
years.
not used for property expansion during
therefore, used toward the reduction of debt and a
conservative increase in working capital."
"Funds
the
year
were,
operations
.
THE COMMERCIAL & FINANCIAL
818
The
the
1942
System
load
of
the
peak
This
first
was
Liabilities—
peak electric load occurred Jan. 2, a week after
the preceding year but it was 8,000 kw. lower.
timeJ in many years that the peak fell below
Series A
the
of
milder
A
previous
preferred stock
preferred stock—*
■*,
Common (3,000,000 no par shares)
Long-term debt
I
and it
year
Christmas
the
above
system companies on Dec. 20
established in 1941.
customers added by system companies
by
which
the
Interest
Account
Income
1941
1942
Operating revenues—From
sales
Calendar
for
Contrib.
Earned
sales
From
of
expenses _*_
Maintenance
*——1
Depreciation
Taxes
*
l incl.
Federal
surplus
4,167,945
3,743,377
$5,747,284
$5,225,371
16,364
$5,380,923
Dr9,505
$1,231,195
$1,017,836
645,056
560,055
397,759
230,004
operating' income
Non-operating income**
$708,761
$671,140
$620,07^
$613,751-
InCc__avail.
•
charges
;
.
156,
The
have
directors
eleven
to
and
Interest
Other int. deducts., .etc.,
4,544,000
i-
jj. '—A—
109,895
■
//',
to
New
the
sinking
of
tQ
Non-oper.
Gross
Int.
income
income
^Other
Balance
Divs.
debt
2,734,768
;
162,617
287,218
68,969
71,690
93,100)
$2,780,502
$2,213,401
//"-//;■;/
disc., etc.
**—'
—
,
$5,559,386
2,725,577
Other
directors
from
by
inc.
public
for
$2,179,062
$2,272,439
■/
; ..r
.
1
850,916
850,916
'
tApprop.
for
sink,
Res.
for
discharge
unsecured
of
Balance
-
income-
""Less interest
miscellaneous
Consolidated
■
''
'
'
in
new
Balance
Sheet,
Dec.
—i
—i
:
investments
receivable
Other
(net)
1,424,200
1,016,357
$457,081
$95,999
$2,270,513
$763,148
209
45
1,208
.
Operating income—
income*
income
Gross
886,708
10,799,177
124,972.
"
:-
Int.
66,261
**
Unamortized
Other
disct.
debts
deferred
&
(net)
exp.
455,215
373,510
•; $30,898
$1,464,851
812;
($100
tax
Sheet,
31, 1943
Dec.
'/■
capital
'''.'■-/
„
class
charges—'——,———
y„-
■'
*_*f
207,146
96,078
Liabilities—/.'1'
Series A 7%
Series
6%
)„ J.'
pref. stock ($100 pal-)—U—
■■.
General
stocks
Preferred
of
sub.
Interest
deposits
Undeclared
Reserve
-—;**_—**-.
Miscellaneous
of
aid
Total
3,000,813
600,000
.
146,987,872
"Represented by 3,000,000 no par shares.
B
Gross
Deductions
Net
$4,021,967
4,104
approp. (inv.
new
Reserve
for
Balance
"In
of
432,000
—
savings— "$1,303,737
the
P.
income
in
a
for
tTaxes
reduction
the
(including
amounted
to
in
1942
year
income
taxes
provision
thus
an
increase
estimated
for
Federal
in
(Company
property
$75,985,301 $74,210,412
—
(at
—
cost)—
deposits
Miscellaneous
Cash
and
—
and
Prepayments
less
1,418,986
res.—
,
supplies
58,131
12,237'
424,843
1,779,530
commissions,
f2,124,500
1
110,000
1,047,000
".110,000
$3,997,443
$3,945,318
1,430
187,329
201,205
$4,184,772
1,390,773
$2,793,999
$2,758,893
——
1,354,814
1,733,542
prior yrs.
4,334
*/
'
;
debits
46,148
628,783
1,271,284
998,093
$4,153,147
_*****-I-*
273;
surplus,
tFederal
excess
profits tax
-
——
$90,471,854 $89,710,780
$16,220,376;
total,
$60,255,684.—V.
156,
961.
p.
A
distribution
of
seven
cents
share
per
has
been
:
;
15
entirely from dividend and interest income after
penses.
to
stockholders
of
record
Febr
27.
This
V.
15,
156,
during
1942
cents;
seven
1954,
p.
-
were
follows:*
as
March
Sept. 15, five cents, and Dec.
pavable
company
is
ex¬
-'•■;
•
six
16.
15,
-y.,
-.
Master Electric Co.—35-Cent Dividend—
cents;*
cents.—
seven
■1
/■
■
i
j
distribution
.■.•.■*••'.
.
i
:
.
declared,
March-
1,250,404
v'-c
"
'
$1,346,273
at
under
derived
*
180,123
surplus, end of period—————
premiums, $14,256,929; reserves'
unadjusted, $20,380,961; reserves for
and
reserves
Maryland Fund, Inc.—Seven-Cent Dividend—
1,319,711
1,550,742
'
unearned
for expenses and taxes, $987,572;'
unauthorized,. $162,197; other reserves, $1,088,treaty agreements and miecellanous- accounts,
$576,044; reserve for miscellaneous items and contingencies, $405,467;preferred stock ($10 par), $2,700,000; common stock ($1 par),-$2,274,-
held
Payments,
$4,492,435.
1,076,009
—**
;—.****************
lor
adjusted
$1,203,470;
.
capital stock;
******A—**_****»)***ii_;—******'
claims,
assets
June
—*_'_
common
31, 1943.
for reinsurance
reserves
567,507-
The
rate
of $236,056.—V.
$1,354,814-
90%, $2,360,157, p. 346.
/,
of
directors
share
on
Feb.
16
declared
March 5.
60 cents; June 20, .50 cents;
157,
166.
p.
a
quarterly dividend of 35 cents
$1, payable March 20 to holders1Payments during 1942 were as follows; March 20,
the common stock,
on
df record
V.
par
aiid Sept. 21 and Dec. 21, 35 cents each.— '
" ■ ;
■
"
'•'
;
Merrimac Hat Corp.—25-Cent Common Dividend—
(W. J.) McCahan Sugar Refining: & Molasses Co.—To,
Pay $1.75 on Account of Accumulations—
the
L
to
payable
March 1 to holders of
disbursed on June 1 and Dec.
Accruals
V.
as
of Dec.
dividend
of
$1,75
per
share on
cumulative preferred stock, par $100,,
a
record
Feb.
18.
Like
amounts
were
1, last year, and on Dec. 23, 1941.1, 1942, were said to amount to $26.25 per share.—
The
the
on
Like
directors
common
amounts
on
Feb.
declared
a
stock, payable April
i
were
last year.—V. 157,
23
disbursed
p.
on
April
dividend
of
to holders
1,
July
15
of
cents
record
1, Oct.
1
per
share
March
and Dec.
15.:
declared
dividend-of .25-cents-per-, sliare on
stock, no par value, and the regular quarterly dividend 'of
June
made
the
on
1, Sept.
•i
•
.
1
—
<
—V.
loss
152,
*
p.
1438.
stock
common
and Dec. 1,
*
•'
<<
.
1942
dividend
and
of $1
March
were-
Dec.
as
Jan.
on
1942.—V.
.•
•»
•
•
156,•
5,
p.
last,
and
2040.
<
•
23,
13
March
on
2
'
•
-
-
•
Share has been declared
per
to
holders
of
record
follows:'
March
20
and
.
.
■'
.
'
'
•
$1.50
each.—V.
157, p.
on
March
June
26, $1
256.
the
5.
Cohimon
Payments
each,
—
,
stock,
during
arid Sept
25,-
.
15,
Mesta Machine Co.—62y2-Cent Dividend—
The directors on Feb.
6 Months Ended Jan. 31—
a.
Mergenthaler Linotype Co,—$1. Dividend—
payable
475.
Manchester Terminal
-
$1'per share on the 8% preferred stock, par $50,-both payable March 1
holders of record. Feb. 19.
A distribution of 25 cents
per share was1
A
The
directors-, bave
common
also
155, p. 2008.
McGraw-Hill Publishing Co., Inc.—15-Cent Dividend
Net
—
unpaid
395;
1,387,630
1.
;
®a,ance .Sheet, Dec.
Liabilities—Resei'ves
$4,146,523
J.
1,289,813
63,780
acquisition
Total
4
1,102,069"'
/
$16,220,376
,29,487 shares class A preferred stock to
days,
1,106,500
*
deductions
1942-——*****1^*—*L*—.11**—1—-
of
surance
:
•"■.:
$11,082,751,
collateral,-$4,034,467? premiums in -course of collection'under
$6,242,999; real estate (less depreciation), $2,141,003; rein¬
recoverable on paid losses, $123,208; interest
accrued, $84;778;
other admitted assets, $687,728;'total, $60,255,684..
.»/..••.
;
90
for
taxes**
*
on
562,407
,1,471,000.
—_!*'
1942—
estate
1,171,108
*
surplus, in
Assets—Cash in banks and offices, $12,176,357; U. S. Government,
and
Government. guarantees,
$25,190,841;
other
bonds,
amortized,;
$2,560,212; unamortized bbnds,* market or appraised v&lues, $2,495,050;,
stocks,
market values, $4,518,981; first mortgages and Other real
'
1,049,569
—
"Cost
of
581,770
964,071
from customers,
receivable
Deferred
667,704
*'.
_■!
1
T-' 1941"
$16,259,354 $13,681,640'
5,470,739
4,271,507
income
"Preliminary,
7,514,595
531,067
12,326
,
accounts
Materials
*
.
1,050,988
582,547
investments
Accounts receivable
Other
funds
1,050,988
7,548,972
1,008,400
Invsts. in stocks & fleets, receiv. from subs. cos.
Special
156, p. 2133.:
(Ky.)—Earns.
1,138,531
income
Earned
tax)
1 941
$1,012,226-
11,250,000
„_Cr1,179,475
.—**r„
'1941***_**.*^^I_***A—^L*^^—; 5,137,625
'
.__'•
__*_*.
556, less credit for debt retirement
separately)
—
expense—
physical
profits
to
has
per
1941.
1QA.0
Other
tax
The
directors
have
declared
account of arrearages on the 7%
income
——L**„_—**_—*.
——A;:*———__
I:/!'.-'-:';.'-'/!;,
1,438
taxes)
Common
Other
net
in
surplus—
__*__—__*il
conversion
investments**; -i;
taxes
income
Preferred-
$995,267
Comparatively Balance Sheet, Dec. 81
-
due.—V.
of approximately $620,000.
$2,118,235 in 1942 and $2,388,516
utility plant
Capital stock
'. li.
;
deductions
Total
S.
and
(
$4,761,405/
—
stock.
l—,;
income
taxes
income
Dividends
Commission, the major
portion of the redemption premiums paid in the refinancing of the
long-term debt of Long Island Lighting Co. together with the net
unamortized premium on the securities retired were charged to earned
surplus on the books of the company.
These refinancing charges
resulted
Z,
surplus, beginning of period
Adjustment of overaccruals of taxes,
576,000
400,000
of
profits
csxcess
"1942
Ji
Earned
200,000
orders
Federal
v!.!-.
limited-term
operating
Net
———
including tax
with
for
such tax will be
$363,131
■
1,642,500
of
excess
:;
income,
accordance
no
added
Surplus, Dec. 3'1,
300,948
$1,014,200
***«**^iU***—***A/***—-A.
,
Income
Income
$1,571,267
of unsecured notes,—
discharge
provision
1,730,671
$2,335,737
utility plant)
Reserve) for sinking fund—.
■
—J-*___:—$5,748,691
;*__•——*—*_
charges*^—.
1,848.650'
dividends———*„***—i*i. -_———•*„ ; 2,887,815'
Surplus, Dec. 31,
period— _.**——_***■.
estimated
(other than
Other
$3,301,938
1,682,126
year,
^—***-**—*■.
liquidation
stock
surplus
Total
900,568
'
300,948
/
—
3,192
incl. tax savings.
Reservations by orders of P. S. Commission to:
Earned surplus
tNo
income
State
$3,305,130
—*—
income.
gross
for
14,913,321
»11,647»617
—*
$1,564,684
i- 900,569
—
—__*_.
revenues
Federal
1941
$4,017,863
Paid-in
"On
end of
it is
as
Maintenance
Gross
from
income
surplus*
Federal
income
$31,322,343
—
incurred**
■
investments—-****—1,148,512
Net addition to
V :
deductions ;****—***_**
Amortization
——
*
1
$2,215,717-
>
Depreciation
Net
Operating income _r——
Non-operating loss (net)—
—
Years Ended Dec. 31—
—$14,598,313 $14,079,443
deductions——————
10,578,346
10,774,313
revenue
—
common—
Operating
Taxes
revenues
1943'
Operating profit
•
Mortgage
•:
y:
1942
31,
incurred^*—,^—***_:
profit and. investment income—
$5,909,917
charges against operations—; •: 161,226
other
All
345,446"
"
-
599,449
Louisville Gas & Electric Co. (& Subs.)
(Company separately)
Calendar Years—
of
current'
two major changes took place in the company's
August, 29,487 shares of the company's 3Vt'hi
underwriting
$1,219,238
164,498-
"
...
363,131
common***————**_*_
Earned
;
4,112,000
Statement
Income
$1,253,137
beginning of periodfor contingencies-
"Preliminary.
145,261,809
—
irom
In
loss ,expenses
from
Total
capital stock—cash:„.
on
A
been made
7,077,366
10perating
$1,219,253
reserve
Miscellaneous
—-
2,772,364
-
surplus
Income Statement for Year Snding Dec.
ijncome
15
—__—*_***—:—
516,922
Earned
Operating
60.000
$1,253,137
the amount
'
207,851
2,370,239
164,498.
Comparative
70,000
■■
/
_/***—**—*.
—
Class
2,804,168
12,274,547
610,296
————_
:_r—
1
2,734.030
4,544,000
Total
$1,321,447
35,019
7,175
27,011
'
stock
in
1942,
to
=of. remaining*
dividends)
Out
.
preferred
31,
added
be
•"Transferred to capital——^.
Class
preferred stocks sold*———
surplus
of
Dividends
,
to
all
Dec.
./) Underwriting profit
6,875
expenses**
**i*l.'ki4-i/**i-:-i*—*
■
surplus,
Transfer
1,246,549
145,119
3,525,623
16,281,820
construction—-——
reserves
Earned
3,235,554
Appropriated surplus invest.,in new property—
Reserve appropriated from income———,
on
income
2,482,813
*_*,.
divs. on pref. stock of subs.—
depreciation.—
on long-term debt
in
income
767,066
106,143
premium
Contributions
administrative
deductions
3,183,733
cum.
for
Unamortized
Premiums
accrued.
taxes
and
122,066
13,841,500
59,799,600
6,222,500
122,203
13,841,500
64,977,100
1,620,600
principal.
paid
premiums.'*
Preferred
Net
——————
——
$1^357,023
—*:
*
*
Gross
by public---
$1,012,226
Underwriting, -expense
1941
to
as
the effect of this: latter operation- being to increase tne
capital and surplus by $12,500,000.
Company's surplus to
the year's end was $21,194,649.;
'
";
and
Losses
(Del.)—Earnings—
*1942
*
and
Interest
Customers' advances for construction of services
Consumers'
Co.
not
through
stock : were converted
into
1,474,350 shares
of
stock. ; In September, the remaining 145,000 shares of class A
k'-/!
Earned
'■•
1
but
company
1937,
policyholders at
total, $53,473,808.—
v'
tProvision for Federal income taxes***—*_**_
7,475,000
—,*—****,,.——
stock,:
$14,-'
•
the year
company's
3,000,000
held
cos.
payable:
total,
.
17,912,300
Minority interest in common stock and surplus
of
subsidiary companies————
Long-term debt ——<_W*
Notes payable
Accounts payable
^-
:
7,475,000
par)
$83,750;!
common
$3,866,391;
reserves,
.
17,912,300
($100
$34,436;
on
preferred
share,
per
wages
corporate surplus, $2,005,909;
1,
structure.
A.
common
(200,000
-
Years Ended Dec. 31—
—.—/**_■.—3,000,000
stock
pref.
stock
dividends 'payable-
customers',;
interest,
dividends
stock were refinanced by a new VM .preferred stock, with a;
consequent dividend saving of approximately $72,500 per year; and an
additional 125,000 shares of the same new stock were sold' at $100
shares,
no/par),
$2,000,000;
prefunded debt outstanding, $16,407,696;
payable, $727,632; accrued interest, $136,$579,855; other current liabilities, $74; unadjusted
liability,
Revenues
145,261,809
-
cum.
cum.
'•Common
146,987,872
————
———
$111,064;"
$342/505;
pref erred
$8,954,000;
and
Louisville Oas & Electric
1,611,138
Taxes
Total
payable,
accrued bond
921.
.the
July
leaving
During
i.:
par);
accounts
credits, $22,661,429;
V. 156, p. 2040.
95,228
.
$26,250?
1953
to
earnings,
operations..
"$23,091
and
Liabilities—Common
audited
2,368,330
373,442
.
$3;925;
profits .taxes,
excess
p.
from
$2,887,815)
$391,029
»k.■:■:it 1
fererred
3,253,826
,
(150,000 shares), $1,$4,028,510; earned surplus,
profits tax, $49,351; general
excess
accounts
balances,
credits,
155,
current
1,272
•
—
deferred
stock
shares);
of
$4,500,000;
stock,
interest
to
as
786,200
:
*—/.■■
equipment, $49,330,787; cash, /$2,689,827; .loans,
notes and accounts receivable, $131,086; material and supplies, $505,394; other current assets, $47,295; other assets, $425,258; unadjusted
debits, $344,161; total, $53,473,808.
i- 'J. Y.,0;
761,401
1,955,471
120,329
etc
*—
Defd exps. in conn, with invent, of utility and
in proceedings before the Commission
Bond redemption
premiums
insurance,
i
-
.
$764,381
to profit and
—*_———'*:
Balance
58,151
Materials and supplies—————
Prepayments,
■
prefit investment income and rents of ,$1,148,511, and deducting real
estate
depreciation
and unauthorized
reinsurance
of $161,226,
the.
company had an operating profit of $5,748,690.
!
•
Mortgage
guarantee .liquidation charges
amounted to $1,848,649,
which besides meeting all current costs resulted 4n the cancellation
Of $5,049,240 face amount of debentures guaranteed by the company
■
unfunded debt—
on
Assets—Road
,13,527
-
portion
and
accrued
1,879,140
1,269,134
970,564
2,515,934
————
debt
the
is
1,233
$96,044$2,271,722
65,146
806,871.
:.
$
1,694,650
_*———.———
$457,2901
funded
on
Int.
v"
1941
$
■'
with
premiums for 1942 amounted to $32,135,226.' Company's net
profit from insurance operations was $4,761,405, which
largest in the company's history.
Adding to this underwriting!
1,454,123
1
$29,179
1;:'
and
5 Maryland Casualty Co.—Annual Report—
9,996,431
.
1,671,745
and
Net inc.
16,510
receivable—-
accounts
85,745
■—*_•—*—*_*—*
Non-operating
:-v
1,879,140
1,239,523
1,444,434
--4———rw—u*:—***L*-.
Accounts
55,890
Taxes
•
134,765,579 132,832,375
;
property——-—-——™—
Special deposits and funds
*
—
Miscellaneous
$1,779,506
loss
1942
physical
Cash
$3,694,714
"'"Loss.
———-
expense
$181,743
31.
-
■
Utility plant
Capital stock
$1,193,424 $16,165,636 $13,230,060
;
$25,242
.
1943
banks
in
underwriting
$845,523
tIncluding expense
utility plant.
Assets—-
Other
$512,972
576,000
/
$752,146"
$786,485
-lV ':
'
221,114
™_™_
$897,586
Unvested
576,000
i.**—*,
-
charged to utility plant,
items.
982,505
cash
preference
(402,851
stock
credit
902,016.—V.
'/>'i'.
V"
200,000
*,*:."■
notes
576,000
400,000
of
$80,570;
.
432,000
fund
$1,716,591
31,
Dec.
bonds at cost, $129,900;
cumulative
bonds,
and
preference
on
84,154
revenue—*.
$54,615
Sheet,
Victory Loan
income
accrued
.
^
$93,596
.
refundable
deposits
1,025
Net operating revenue
$1,421,523
:
1
surplus.--
to
Res.
'346,431
407,780
$13,243,726;
assets,
common
mortgage
850,916
$1,328,146
.
$1,929,586
year
tot.
6,423
r
expenses*—*
Operating
Operating
,
Reservations fay orders of
psc
54,231
opers
561,373
"$1,362,485
850,916
—**v
the
coach
and
rail
other
from
Rev.
565
$436,959
411,940
.
1942—12 Mos.—1941
15
$437,182
.420,252
transf.
inc.
Liabilities—7%
$1,186,986 $15,818,640 $13,144,881
23
$474,867
425,830
surplus
$275,263;
Depreciation———*L-
pd. or declared on
Net
rev.
$519,426
plies at the lower, cost or market value as certified by. officials of tnel
company, $472,192; refundable portion of excess profits tax, $49,351;i
deferred charges, $164,028; total, $14,902,016
•»
.< '■» "t :'..i
A.
1942—Month-^1941
$1,662,338
revenue-*-*
from transp.
3,291,
h;949*
11,949' *
deposi¬
working funds,
etc., at branch offices, $8,924; due from subsidiaries, $1,784; accounts
receivable
(less reserve for doubtful accounts of $5,081), $350,019;accrued
interest receivable, $>4,000;
Inventory of materials ■ and sup¬
Corp.—Earnings—
Period End. Dec. 31—/
.
pfd. stock of sub. cos,
held
Angeles Ry.
Passenger
391,789)
interest
fAmor. of debt
$5,371,418
2,707,467
$5,241,735
2,669,426
$5,746,856
—*—
long-term
on
Or428
(net)
Los
170,000
5,020,
11,499
payable
Assets—Fixed
F. Walk of Detroit,
Carbonic's oxy-acetylene activities, operated
under
the
name
of
Wall
Chemicals
Division,
and
H.
C.
Wright,
President of the Chicago Flexible Shaft Co.—V. 157, p. 730.
,
$622,200
170,000
■
"1,020..
11,349
,
Balance
and
General Manager of Liquid
$5,565,055
Dr5,669
net
500,000;
Operating
$624,151
188,750
.
509,
,
.
•
and
plant.-
fund
Directors—
number
$676,136
187,500
„
k_—*i_
debt
paid
Bal.,
'
Vutility
new
for
directors*
new
8,448
on
income
Divs.
utility
as
/ ■;
in
debt
discount
.
taries, $478,092;
increase
as
•
4,074
..e
4,006,934
-
$89,710,780
classified
amounts
of
funded
$718,785
funded
on
Amort,
4,112,000.
600,000
\r-
$90,471,854
Corp.—Two
voted
e.<
812,804
114,110
•
1954.
elected
$843,755-
fixed
153,208
/
p.
for
1,324.503
of
10,023.;- -■/. / 4,9%
■
5,291,629.
73,106
excess
$2,081,066
1,237,311'
$1,353,818
153,208
*
$2,709,631, $2,322,655
1,478,436
1,304,819
.
___*~.
Net
'118,206
;—"**_ •
—
in
revfe.**'
taxes
1,941,372
sold-—i
order of P. S. Commission
(invested
Income by order of P. S. Commission
{From
3,464,409
income-
operating
214,875
—*—_—*_—_.*—_*
company
nine
3,846,548
78,970
8,703,621
•
merged
a
tBy
tax)*
Net
$3,096,402
1,742,584
expenses****
,
credits*—
————————
—
plant—in suspense.
-%'v'
'
for
prov.
income
services
,
„
,
1,746,079
360,826
tJ
——*—**■'■;
appropriated
$24,265,887 $23,705,426 $22,850,818 $21,728,987
10,660,418
10,276,940
9,763,400
9,124,790
1,470,998
1,636,2511,663,689
1,561,784
2,540,339
2,398,919
2,299,429
2,012,950
revs.™
oper.
1,528,107
,
revenues**—
refundable)*
(not
stocks
*
Liquid Carbonic
Total
Operating
Operating
—,
deferred
construct,
unsecured-notes.—V.
gas
Miscellenaous
5,920,000
724,456
1,499,725
Telegraph & Telephone Co., Ltd.—Earnings
1942
'
1941
1940
■'% 1939
Years End, Dec. 31—,
Net
"Of
1939
.
1,620,600
470,968
1,482,832
.
surplus appropriated——————
Total
v
of
$14,337,594 $14,089,648 $13,456,192 $12,724,898
9,755,253
9,463,916
9,239,275
8,840,622
173,040
151,862
155,351
163,467
*„*
Operating
.
and
preferred
on
fReserves
Years
electric
of
—,
aid
in
tEarned
•
energy
35,139,000
long-term debt (net)*
on
reserves
surplus
Capital
1940
operating
:
—
—
depreciation
for
Premiums
was
The
Consolidated
3,000,000
accrued
taxes
Maritime
•
17,912,300
3,000,000
!—_*__.:
—.*
advances for construction of
Customers'
Reserves
during the
electric departments served 194,458 customers
at
the end
of
the year or 3,400 more
than last year.
The gas
departments added 7,265 customers, making a total of 265,410.
of
10,665,
was
and
/
■
$7,475,000
17,912,300
40,563,000
._
!
■
Monday, March 1, 1943
$7,475,000
—
.
Unamortized premium
record
previous
the
number
The
;
payable
deposits
Customers'
daily gas sendout of 46,292,900 cubic feet
maximum
all-time
experienced
34 %
year
payable'
Notes
Accounts
Miscellaneous
was
!,
***—__:,_*■
——— —
season.
weather.
new
6%
B
•'
•
!'/«■
Series
was the first time it did not occur
The smaller demand was a result of
dim-out regulations prohibiting outdoor Christmas lighting of streets
and homes.
The Christmas peak for 1942 was only 116,000 kw. com¬
pared with 128,100 kw. in 1941.
Gas produced by the system companies showed a 4%
gain for the
year at 8,942,565,000 cubic feet.
The increase was attributed by the
company
to
larger volume of sales to heating customers, whereas
sales to this type of customer had been low in 1941 because of the
that
during
CHRONICLE
Corp.—Earnings—
on
1943
1942
$93,474
$53,995
the
common
A similar
stock,
payment
tions during 1942
was
19
declared
made
on
were as follows:
each, and Oct. 1, 62Va cents.—V.
dividend of
a
payable April
this
1
62 V2
to holders of
Issue
Jan.
on
2. April
156, p. 1954.
Jan.
1
cents per share
record
2,
March
last.
and July
16.
Distribu¬
1
75 cents
Volume
Michigan 'Steel Tube Products Co.—Dniits Dividend—
i
The
1
in
-conversion
states
A
the
to omit
voted
E.'C.
Hobart,
distribution
the
of
view
-large
Treasurer.
of
15
.
cents
share
was
made
■
the
on
1941.—V.
against 75 cents in
156,
1867.
p.
Metals—Tonnage milled
quarter.
Tonnage for the year
the
common
previous • year.
The
corporation,
steps
SEC
integrating
toward
•
"We
have
'
will
be,"
also
be
J
basis
for
1942
1941..-
reported
lor
he-said,
approximated
share
-
in 19'41.
"whei
Upon,
'
well
as
that
the company
earnings of
The
-
the
about
were
Now
55
of
act
taken to
and
the
-Wfst
of
of
its
will
be
.'
,;54%
1
of
Light Co.
(3f
to
bonds
of
Missouri
who
Vis "Electric
of
will
filed
be
-
&
Power
Power <Co.
will
Co.
Oklahoma
As
be
a
this
its
and
(5»
Various
additional
-Southwestern
move,
Light
'
West
certain
and
of
its
subsidiaries
'
companies
ice
or
properties.
-Smith
Mr.
•i
West
for
sale
*; tio.n
1
from
Utilities
«
-
In
-
the
Co.
'the
that
it
American
step
that
Co, $6
tion
and
Service
If
concurrently
of
stock
held
|
refunded
Co.
of
integration
this
move,
6%
its
of
s
$6)648,000
In
first
:
said,
Middle
stock
West
of
will
Corp.
Kentucky
Public
Service
company
ultimately
Utilities
Co.,
the
with
&
has
consist
and
Co.' of- Indiana;
;
;
l
<
f
i -
1
}
effect"
made
the
by
various
Mr. Smith
Central Illinois
of
whatever
"Inc.,/is
portion
allotted
to
operations
increased
Dec.
for
31,
of
mortgages
bases,
disability
by
or
!•
Operating
expenses.Ji.
I
Federal
Other
•"
creation
.i.L.J— ;
taxes
All
•;
of
Nova (Scotia,
o.
at the holder's .option.-—V.
National
Malleable
A
dividend
value
*
of
During
1942,
5
and
cents
25
stock,
common
•bept,
•
Gross
68,452
-
Divs. -app.Uc.
$259,353
.
.
1,137
$262,492"
_
deducts.
$207,328 ,: $3,225,308
123,483
:
137,256
1,640,632
.
$133,009
$70,072
to pfd. stocks for the period—
.
$1,585,276'
similar-distributions
Dec.
12.—V.
-157,
Building, St.
bids for the
990,825
-holders
to
-made-
were
Paul,
Minn.,
will
until
noon
taxes
Property
'
$694,870
of
Period End. Dec. 31—
(Opera-ting -revenues-—.
Operating expenses-
(& -Subs.)
March
-1
-receive
taxes.
$18,739
635(658
Other -taxes
*1942—12 Mos.—1941
97,848
1,807,129
1,845,523
•Net
.Other
reserve
181,946
171,685
2,128,252
1,939,583
$536,362
$6,096,529
$6,493,275
17,818
©*6,270
62,473
©r7,926
$456,549
$530,092
$6,159,002
$6,485,349
259,753
"288,376
2,860,063
2,970,047
$241,716
Divs. appiic. to pfd. stks. for the period-_____
$3,298,939
$3,515,302
Gross income
Interest,
-etc.,
deducts.
Net. income
—
$196,796
'957,534
retire,
-of
reserve
•<;
p.
957,534
$2,557,768
256.
record
12 Months Ended Nov..30—
Operating
*Net
of
income
1942
income
♦After interest,
^
1941
$4,725,840
—_—
$4,705,756
—r--—•
depreciation, taxes, etc.—V. 156,
657,144
p.
1503.
stk.
85,101
91,579
359,839
366,317
$103,185
$248,449
$345,743
2227.
p.
States
output
ended
Feb.
kwh,
11:8%;.—V.
Northern
-for
the
(Del.)—Weekly Output-
States
1943, totaled
20,
157,
Power XJo,
the
of
Power
39,067,000
corresponding
Co.
kwh,,
701,342
for
system
compared
as
week, -last
year,
the
with
increase
an
*,
733.
p.
Northwest Airlines, Inc.—Air Express
;
A.
monthly record for air express
established in January-when
new
■planes
carried
was
cargo
carried
was
Twin
Cities,
month
and
along
the
the
West
totaled
85,310,694,
Manager.
■'
General
The
air
express
NWA
system
Coast.
Air
according
Record—
this
on
corporation's
total ftf
a
125,524 pounds of
sities between Ohicago,
to
express
tp .Croil
pound-miles for
Hunter,
that
President
and
•.
poundage
for January, Mr. Hunter said, showed, a
gain pf 45,437 pounds over the same .month of last-year, and the large
inqrease was alue directly to the movement of materials vital to the
war effort.
The gain over the month of December was 18,706
-pounds.
.During the .12 months of 1942 NWA planes carried a total of
1,163,249 pounds of express, and ihc month of July brought the
year's
monthly -record. " In (that month a total of 1.23,923 pounds of
express was .flpwn.
In addition to the thousands of pounds of cargo
t
.best
parried
'
air
us
Airmail
January
pound
express
Feb.
21,
carried
scheduled
on
June
27.
of
.commercial
1942.
and
20, >
flights, -NWA hauled
the U..S. Army
January
when
12
for Abe
topped
months
those-for
-4 ;007,301
959,810
revenue
836,688
totaled
During
-•
Gross
'
of
1942,
the
12
months
but
priorities
of
and
.passengers
explained,
680,000
1942,
,
;;
income
$2,577,247
$2,625(651
18
1,326
3,007
$196,575
$2,578,573
$2,628,658
86,072
■;
•
293,928
1,038,964
l,Q$5r415
i ;■
Interest,
88.670
deducts.-"
etc.,
Net
income
$205,258
the
pounds
v
Divs.
applic.
to
$110,503
$1,539,609
$1,573,243
period——
499,100
499,100
$1,040,509
pfdv'stocks for
the
$1,074,143
MMi-l'.'.-l--—
Balance
^Preliminary figures.—V, 15.7, p. 168.
;
:
New England Gas &
j
large
because
numbers
their
of
SEC: hchied
of
sentence'.'
any
by
air
drips
Feb..19
-provisions
of
motion
a
order
the
of
the
SEC 'Con-
new
its
which
issues;
call
for
the
noted
SEC
consolidated
a
had
in
hearing
and
March
on
the
"death-
to
reopen
simplifica¬
arisen.
detail
;R. p. Bullwinkel, Traffic
Airways
incorporated
4,
involve
two
157, p. 732.
St. Louis RR.—Earnings—
Airlines
miles
has
have
1941
been
1,683,622
1,362,859
1,032,730
period
Mr.
Hunter
able
to
with
connected
are
90,703
that
high,
obtain
the
■"
...
'
the Alaska Division of Pan
appointed -to -the executive staff
•77k
1
'•'''
-;7''
■
'.'
new
.;
RR.—Equipment Trusts
Hutzler, Dick ■& Merle^mith
and Stroud & Co., Inc., offered Feb. 25 at
prices :to yield
from 0.S0% to 2.16%, according to maturity, $1^50,000
The certificates
ma¬
ture in '15 annual installments of $82,000 each, payable
March 15 of each year 1944-1958.
bids
&
awarded
were:
Co.,
Harris,
Inc.,
99.51
to
the bankers
Hall
Co.,
&
for 2%s;
on
a
Inc.,
Blyth .&
bid
of
99.079
Co.,
99.0799
for
for
2Vis;,
Inc;, 99,399
2V4S.
Halsey,
for
2%s,
476.
Government-of Brazil in Sea.ttie,
Wash.,
477.
common
have
stock,
Disbursements
declared
payable
during
1942
a
dividend
March 26
were
as
to
of
50 .cents
holders
follows:
.■»»*
'
7
7
:
,
Vice-Gonsiil.—V
as
157
,
.
Northwestern Electric Co.—Earnings*1942—Month—1941
Operating revenues____
Operating Axpenses____
Federal
Gther
$445,978
$5,082,473
$4, 7.12,605
250,89.5
230,975
2,784,863
2, 616,995
55,244
46,300
333,182
242,861
13,934
2,267
567,826
608,477
25,000
25,000
.300,000
300,000
taxes
Property
retire,
reserve
appropriations
Amort,
of
*1942—12 Mos. —1941
$484,417
taxes
limited-term
investments
18
operating
income
*24
18
$139,326
i*evs.-_
$141,412
$1,096,584
(net)
24
$944
854
944
3,660
$140,180
$142,356
$1,100,244
39,359
.Gross income
Interest,
etc.,
39,106
431,500
432,057
$103,250
$668,744
$513,735
deducts.
income
$100,821
applicable
to
preferred
,
stocks,_____
$945,792
334,216
334,198
$334,528
of
March
per
record
27,
Balance
♦Preliminary.—V.
$179,537
share
on
March
12.
June
Sept. 25, 50 cents each; and Dec. 29, 75 cents.—V, 157, p. 642.
27
and
157,
p., 169.
.
Old Ben Coal Corp.—Pays Interest Arrears—
The
eaqh
directors
have
declared
fixed
in
-total
Interest j payment
of
$265
01
principal amount of first .mortgage 6%
bonds
whicl
1948, payable March. Of this distribution $60 covers ib
interest
for
the
accumulations
for
back
It
a
$1,000
mature
is
stated
debentures
With
New York City Omnibus Corp.—50-Cent Dividend—
The" directors
the
■
^
,the
New York Chicago & St. Louis
issue was
■ •■■
In addition to being an outstanding' figure in the air -transportation
mRny yww- 'Mr. (Bullwinkel has, -since May, 1938, represented
Net
...
OHered—^Salomon Bros.
Other
•
beep .with PAA -since 1936, resigned to
Assistant -to -the president, Western
Region of NWA. -and will
as
public relations official for that -area.
He
takes over his
duties at once.
: ■ ■
■■
794,914
.
2%% equipment trust certificates.
war
.;■'■
•■
.1.940
$4,056,059
carried
for
been
become
Other
$4,293,523
,
from
months
3,113,184,
Manager .of
System, has been
7of .NorthwestAirlines, Inc.
Mr. Bullwinkel,. who .had
•Net
>
1943 '
1942
railway_^„
$8118,728- $5,446,595
Net from railway_«'_ijl%' ' 3,745,299 ;
1,899.222
Not-ry. oper, income___
1,094,221
1,920,986
—V, 157, p. 47.6.
.'
January—
Gross
the
Company Act and
(2), or .the corporation
which
stay
to
company
Holding
proceedings-under section 1.1. (B)
tion measure,- because of new. issues
The
the
by
Commission-under
totaled
'77:/7
77
Period End. Dec. 31-
pending
January,
11
%
pa^enger
civilians
.business
■'
American
p.
Electric Association-
of
other
-
Northwest
revenue
Priority -travel
0,525
$196,557
1
of
■'■
airmail
miles 2,528,042,954.
45,762,493.
■effort.'
18
each
.
the
over
cause
864,408
$293,910
revs...'_
gain
/
.2.22,877, and pound
below
those for
the
-,'f
7
%
compared to the months of December and
January of 1942
this-was due, in part, to the cancellation of some
flights be¬
of unfavorable weather
conditions, it was explained.
•-
and
1,229,163
9,4.37
large
a
totaled
of
Airmail
...
.
revenue .passengers -used Northwest
Airlines planes
of Manuary, Mr, Hunter >said,.
Revenue passenger
month were estimated
at 2,612,999.
The
totals
for
passengers
and
revenue
passenger
miles
showed
a
revenue
4,814,162
730,000
showed
pounds
month
Hunter.
figures were slightly
However, -the .figures for -the month
.
(he
during -the
to Mr.
224,360,979.
The
explained,
airmail pound
total of 4,026
A
-64,75-1
785
for
year
planes
according
totaled
Muring the month
*1942—12 Mos —1941
56,600
last
Airlines
pounds,
month
December.
Hunter
During
^
■■
-
of
164,770,<841.
month
$9 118(975
60,900
the
poundage
month
378,451
=
289,079
for
mail
Northwest
.on
totaled
miles
The
par
no
;
and R. W. Pressprich & Co., 99.747 for 2V2s.—V. 157, p.
Mountain States Power Co.—Earnings—
205,430
$7.1.2,060
..
$9,724,417
790
income
Stuart
$2,341,405
192,681
$608,288
$54,842
both
•
?
'hmitBd-term
operating
The
.
♦Preliminary figures.—V. 157,
49,563
$194,764
,
Dividends
$438,731
approp.
operating rev.
income -(net)
pfd.
m
157,
Mr.
the
on
,
Property retirement and
depl.
183,304
$917,491
46,148
Northern
;-119,159
40lf958
X.
New York Chicago &
$1,648,052 $20,587,236 $19,214,450
423,427
5/791,690
5,789,956
418,730
4,763,636
3,146,113
90,995
211,507
$800,969
New Official Appointed—
into
1313.
—Earnings—
*1942—Month—1941
$1;966,039
41,549
$244,327
$139,943
.decrease
court suits against New England Gas and Electric.—V.
Montana Power €0.
73,700
$.186,091
...
income
same
$816,303
$860,668
investments
The
It of first mortgage 3% % bonds due June 1, 1956,
sufficient to exhaust $17,645 in the sinking fund,; at
p.
205,064
$734,186
many tons of other material under special contract with
Air Transport Command.
• ■■
;-V,
*1942—Month—1941
-
•appropriation
Amort,
issuanoe
of
344,001
$589,46.2
'
tne
±>j
solidates Cases—
prices not -to exceed 105 and interest.—V.1155,
Federal
,
25-Cent
—
March
on
;•>
54,400
990,825
sale to
amount
an
Co.
declared
been
476.
p.
48,710
$1,685,695
The First Trust Co. of (Saint Paul State: Bank,, trustee, First-'National
to
13
:
1,668,054
167.
p.
42,972
$202,778
•
r
MiiDiesota Transfer Jly. Co.—Tenders—
Bank
has
Max-eh
payable
expenses
Federal
$3,353,749
/
$594,451 7
^Preliminary figures.- -V. 157,
103,031
...
income
;34,S50,000
2282.
•"
Balance
,
155, p.
Castings
share
Other•••• taxes"'"4'
$3,352,612
5,913
$2,677,382
1(039,312
$112,391
income....:
income
Electric
'
per
revenues...:.^ -'
7,151 %• Other
$3,219,995
'
77
.Operating
750,000
6,860
$207,251
r
3,139
136,979
264,281
serve
income
etc.,
845
1942—12 Mos.—1941
237,561
.........
miles
922,222
750,000
•
1942—3 MOS.---1941
237,954
week
Nebraska Power Co.—Earnings—
Net
...
income—
Net
"
574
.
income
Interest,
'
62,500
—...
—
;
222,818
?
'
.
operating revslU'.;'
Net
1,175,820
Subs.)
(&
82,611
•of
" 2^480,754
.
Corp.
January Airmail and Passenger Carried—
.
Operating
913,414
Steel
Dividend—
$8,688,559
1,623^64
75,781
-
1
57,120
miles
limited-term
investments
Other-
%• 189,759
April
pn
Commission's
45,016
Balance
608*
p.
for
732.
p.
Electric
&
dividend
necessary
157,
49,615
taxes
Dividends
,
of more stringent valua¬
156,
it
153,244
Net
not
-the
of
Bank
,
reserve
appropriation
Amort,
,
78,821
adoption
special reserves.—-V.
Water
such
pay
6.—V.
.
Deductions
the 'h
in
up
to
making
March
1,092,311
—V.
outstanding 4%, first mortgage
(closed)
serial bonds,
1935, have been .called for redemption as of April 1, next,
at :102 Va. and interest,
payment will be made at any branch in Canada
(Yukon Territory excepted) of The -Royal Bank of Canada or of the
*1942—12 Mos.—1941
$9,558,282
235,939 V. 3,044,749
175,197
through
of
to
•
,
by $10,300,000 during .1942 and totalled $44,Insurance and annuity reserves, including
benefits, -were further strengthened last year
Opei-ating:
$778,027
225,294
taxes
property retire,
%
$801,739
rear-estate set
ana
prior
39,792
Gross
1942.
Period End. Dec. 31—
"■1942—Month—1941
will
company
in
.to
company
36,108
Other
.dated .Get. 1,
Minnesota Tower & Light Co.—Earningsrevenues....
1942, -the
-m
of
The
said,
factor of
);c. /
and
claims
war
declared.
^
National Grocers Co., Ltd.—Bonds Called—
of
the
affiliated companies in the Middle West group was retired, making a
total reduction exceeding $6,800,000." - During 1943, he added,-it is
^expected that the total reduction in debt will be in exoess of -$4,400,000,
and.it may go higher than that figure.—V. 156, p. 2226.
■?-'
Period End. Dec. 31—
of
payment
recently
as
comply with rules of New
which its-common, Mock is listed, pertaining
Prov. for Fed. inc.taxes
outlined,
"During 1942,1' Mr. Smith said, "the reduction .of debt in the -hands
of the public of the subsidiary companies which are consolidated in
:the financial statements of the Middle West -Corp.; aggregated .over
$5,500,000.
In. addition, over $1,250,000 of indebtedness of other
Operating'
benefits,
new
time
$2,639,790
,
.
this
Of
the
in
enable
Co.
the
■,.■-■..0'.;
'
i
effort
Edison
March 1
to
hearing on proposal
on its common stock
a
1943,
Provision for retirements
plans to assist members of the armed forces
additional $7,850,000,
an
tion
He added that Middle West Corpus by-laws have been modified to
change the date-of the annual meeting of stockholders from the second
Tuesday to the fourth Tuesday in May.
This- was - done to give
more time for -preparation of the annual report arid proxy statement.'
V;.
possible
every
prompt
-revaluation
was
at
reserves
-
parent corporation." "When affairs are finally wound up," he added,
V. "Middle West- Corp. would be about' 40% of its present-size."
V
the
has
for
1,
284,204
"The war's' im¬
the .i.e luauraitce
economy.
732.
p.
lowest
in T942. Mr. P'Herso"
war
a
157,
$709,477
supplementary
to its policy-
tax payments, and has "brought a
company's mortality experience."
result -of -the
-a
company
;•
$
4o
order
"700,000
finally
are
into
company
reserve, for
i..
is
'■■'
SEC
-of
paid
maps,—V.
General
only
maintain
the -1942
dividend
scale
in
1943,
but has increased, toy
$4,104,000 -to $35,538,350, the surplus reserve available for investment
and mortality fluctuations and other contingencies.
In addition, the
mortgage
■
and .holders
is
weeks
244,936
■
:
:
policy-
to
Life
two
$591,297
:
■
,
$112,891;236.
than $4,500,000,000 in
more
adjustment, to;
increased
deaths
As
by the issuance of additional 314^/ bonds of Public
pending
Mutual
Mutual Ulfe 'has
The
company's operations
of
issued
Maintenance
; in maintaining their life -insurance protection. During 1942, The Mutual Life issued $157,000,000 of -new insurance.
At the year-end,-the total of Insurance in force was $3,644,202,486. : y
will
Light
addition', it
luO- years
the
oi
one
administration of
said
offer
its
.
-r-
an
in
preferred "stock
public.
now
The
totalled
194.2
the
'
the
"
past year, he
said, to meet the needs of policyholders who are in tne armed loroes,
land "has established a Policyholders -War -Servioe Bureau -for ithat pur¬
pose.
The company is also working cioseiy with the Army and Navy
:
West
Smith
greatly
The
ice
South
story
largely
war
-.com-
Southwestern
the
proceedings
in
r
Book,"
"Red
in
subscribers
ask
April
Detroit
Period End. Dec. 31—
$47,-072,253
incomes
be
to
Northeastern
lie stated, "has had .considerable enect o«
business.-", It -has paxticularly affected-the -rate - of - interest .obtainable
--on; investments,
it has partially depleted company personnel, resulted
In
of -Oklahoma's
Mr.
the
s;
payable 'by
benefiCUries
or
pact"'
■
Middle
to
-
assets,
of
of
■;
and
Co.
by
Oklahoma.
Public Service Co.,
the
•
shares
42%
,
of
advanced ito
was
Earnings—,
■
annuitants
;<Tne
:
toy '-the corpora-
Central
with
Oklahoma
24,411
put through in the form which the
.
received
Power
and their
includes
was
bopdS of Southwestern Light & Power -will be called for redemp¬
•
,
distribution
a
of
:
'
deaths/ was
-
stock
expenses..._u.
.
Manhattan
1943,
the
as
from ,Maroh -6
may
on
revenues——
;
wax
parties
Operating
"
known
subway
city
19 .advanced
dividend
a
Operating
health „of the nation as a whole in the
.of. -mortality among the -company's membership,
benefits that, became
pay
5,
to the board of trustees in- the
Douglas, ' the company's President,
Administrator of - War Shipping in 'Wash¬
of
and
•York Stock Exchange, on
to notice of intention of
company
to
stock of
record
March
W.
',v,'
■■
to
close
'
!
.
.
the
Feb.
on
common
-time
;
report
holders and their beneficiaries
Middle
sucU
two
consummation,
upon
'
,3Vi%
of
Service -Co.-.'
&
the
of
preferred
that
Light
Service
ft" portion
Public
ail-t.mie high
"Red Book"*—
February,
new
Co.—Hearing Time Advanced-^-
and showed
at
$1,587,523,4m
an
to
&
were consummated'.
involving Public service
Southwestern
expected
anticipated
;
reorganization
or
-the
by " Public
or
power
.
of
is
made
for .all
merger
and
integration
acquisition
be
-said
at
-or
its-assets
.by
-thebaic of securities
in: 1942,
Late
ultimately there will -be
stockholders of the stocks to be
Corp.
all
conducted
panics, in Kansas City and one in Jackson, Miss,,
,
'
1942.
the
'Deputy
■.'
■■
in
of
assets
Ibeneilciaries, whi,e,58v
V,.\''"%■"
being
are
the
order
stood
the
generally
Manhattan
Information
interested
company
All-Time
at
SEC
which
V
Lewis
of
postal
The
in
represented
death - claims
payable to
$65,8iu,j77 was paid to living policyholders.
stock
will* transfer
company
negotiations
Assets—Assets
This
6'// .-preferred
Include
and
Hollinger
of
con¬
*(Wtthi:-ih®j4ilCi'pmv.e4
'f'eontracitsr Tn
,
accomplished, the Pecos" Valley
to West Texas-'Utilities. '
Corporation,
of
"Dec; 31
on
issued
as
-
-The
•
for .authority for
assets-of Southwestern
paid Off,
.provided SBC approves and necessary .arrangements can ;be .made.
•
(4» West Texas. .Utilities Go.
is now ,inprocess of -acquiring Sail;
outstanding securities of Pecos Valley Power & Light -Co.
-Jf /this is
i
41%
$45,573,000
serving
holders
with ;~SEC
acquire
to
of
-result
liquidated
is
amount,
./
Light
Mining
to
North American
past: year, the .rate
in "XM2, in $pite of the '.new factor
for any:-year iin -the pact. 15 years.
&
Power
and ziuc
Copper
Ashley
total of $355,000 during the year.—V. 146, p. 3960.
Patterson
"Atoie
which
Co.
stock' foldings
smaller
miscellaneous
and
Service
.holdings-in -Pecos Valley
from
Assets
ington.
,«
non-affiliatecPcompanies.
and
increase .of
follows:
Gas
are
$711)000.
produced.
as
copies
directory,
ithe
'
was
were
479,000
There .are 1,140 yellow pages in this new edition, four more than jn
previous book.
These contain approximai,eiy 158,900 jtistmy^ -.f
business and professional individuals and concerns, classified .under
some
3,000 headings.
The -reference data in the introductory nages
were
,
<
.slightly higher than in the previous
up
22% over 1941.
Estimated
was
year
year
company's .total admitted
Mr.
will
disposed of
and -stock,
Co,
•
an
dissolved."
Amended applications
Public ,Service
-
be
affiliated
-of-both
.
stock
common
ft -owns,- Also
loan
temporary, absence
file necessary applications .-for
through- distribution; to --its stockholders,
assets
corporation
the-year..
passed for. sthis <year," as
companyts-holdings.
Middle -West on its announced
(2). Middle West- will move toward <the ultimate disposition of all
the-Kansas Electric Power Co. common stock and -the approximately;
{
the
of
.
finally
is
Utilities-Co.
all
share
per
year
.
integrate the
principal steps to be taken by
this year are summarized as
.disposition
$1,14
tne
.Reporting on the company's lQQth year of -operation, A'exander E. ;
Patterson, Executive Vice-President ,pf the company, said Feb. 17 that
the icompany's iioidings of y. o, Ooveimmenc oollgWioiis increased by <;
$161,855,000 in 1942, to a total of $643,851,000, and represented 41%.
con-
the parent -company alone for 1942, •
share compared with 48 cents, a
1943, he added, depends almost entirely ;
program
■
the
as
a
for
prorits
'High -ef $1,587,529,495—
cents -a
revenue
the steps
(11 -North
seme
on
the
Represent
steps
Earnings, of
outlook for
The
aort
upon,
the
when
compared -with
as
of
telephone
being made by carrier
beginning February 24.
Mutual Life Insurance Co. of New York—Reports for
Its 100th Year—Government Holdings at $t>44,000,000,
■
indicated
'
solidated
to
as
The
reduced by a
was
said.
"The integration now under
completed in ,1943, but-that doesn't mean; it
""1
V'v.■ /•'"■ ■
'■''
<
Smith
Mr.
mind
the
lor
for
-shipped
were
$431,280.
-Smith
Mr.
-consideration, -could
i
in
schedule
time
definite
no
completed,"
be
operating
classified
previous
the
York Telephone Co.—Delivers
Delivery
1
31,
Jerome—Tonnage treated for the year amounted to 168,628 tons,
gold-recovery was 29,481 ounces, and estimated operating profits were
affairs are undergoing "death sentence"
supervision, is planning to carry, out several
its operations without awaiting a final SEC
,
may
profits
centrates
order,-':'Puroeir L.'Smith, President, announced Feb. 24.
The corporation, he indicated, contemplates going ahead with some
of the. plans .concerning the Middle West -system outlined in its brief
before the Commission in the integration proceedinga and -in ;«ubscquent oral argument,
••
' \>"
1
10.5%
from
-
Normctal—Tonnage treated
whose
under
proceedings
15%
down
was
"Estimated
quarter. ■* Tonnage
Middle West .Corp.—Integration Plan—
'•
down
was
$167,000.
25 .cents
40 cents,
(Operating
j
shareholders-covering the quarter ended -Dec.
-C. Waite, President, says:
H.
J.
New
the
Base
'
r
report to
a
1942.
program,
stock, -par $2.80, on Dec. 10,
last, which .coihpares with
per share on "Sept. 10, 1942, making a total for the year of
•
In
.
per
Mining uCorp. ^of Canada, Ltd.—Repont—
-
declared at
inventories and
usually
dividend
cash outlays for
of the plant to inoreased production for the war
this .'time
>
have
directors
FINANCIAL; CHRONICLE
THE COMMERCIAL .&
Number 4155
157
that
amounted
interest
-year
1942,
and
$205
covers-all
th<
years.
and
unpaid
to 52%as of Jan.
1,
-interest
on
the
7%',;
1943.
eliminated on the first
.mortgage bonds, i
earnings before depreciation for the year ,194'
arrears
-was
reported -that net
will
be
applied
calendar
accumulated
as
-follows:
First
to
fixed
interest
at
6%
on
the
firs
mortgage bonds, with the remainder divided
as
follows:
50% ' ti
sinking fund on the. first mortgage bonds up to a maximum of $500
001
cash, and the remaining P0% to be applied to interest on
the deben
ture
7las maturing in 1953.
The
Inc.—Bonds Called—
Olive Hotel Property,
trustee, Maritime
Bank & Trust Co., corporate
The Louisiana Savings
-
will until and including Feb. 23 receive
first mortgage interest bearing
bonds, dated July 1, 1935, to an amount sufficient to exhaust $14,569.15
at prices not to exceed 100 and interest to March 4, 1943.
The amount
of bonds outstanding is presently $220,000, it was announced.—V. 121,
2887.,
p.
sale
the
for
bids
La.,
Orleans,
New
Building,
it
to
refunding
of
March
payable
$12.50,
par
declared on the common
holders of record Feb. 27.
to
15
March 14, 18%
each; and Dec. 15, 18% cents.
1942, the following payments
cents; June 15 and Sept. 15, 12V? cents
made:
were
During
—V.
,^
cents per share has been
A dividend of 12l/a
stock,
Dividend—
155, p. 2011.
Operating
the
Dec.
E.
157,
dividend of
both payable April
An extra of
10 cents was paid on
April 1, 1942, and one of 10 cents
the usual quarterly
$10,
par
dividend
A
stock,
dividend of 25 cents per share
the common
bonds
debentures
Other int. and deducts.
Int.
charged
to
con¬
This
taxes
taxes
Other
10,707
retire,
appropriation
Property
585,899
,,172,908
698,300
809,900
411
192
583,752
3,161
147,406
78,779
$654,263
$468,260
the period
$5,448,413
$7,049,420
3,845,420
3,846,532
applic. to pfd. stocks for
1942
Net
operating
$237,927
income
Gross
Net
231,059
$257,281
$149,853
$2,263,157
Drllo
993
$258,156
$149,078
$2,264,150
income
169,870
1,325,087
1,328,336
$939,063
568,805
;
1,040,810
416,919
Balance
$480,585
.„
'■*•!
y
'v J
^
18,729,153
24,985,774
12,730,984
1,073,717
1,107,627
13,433,278
r.—$339,123
com. stock
$4.92
; $283,833
1,668,971
19,899,730
share
per
(&
Pipe Line Co.
•
■'■
S.
Mines
Total
directors
dividend
Feb.
on
of
23
dec^red
10 cents
per
payable
$10,
March
22
cents
a
per
with
compares
••
I
\
•
"v'••J:'.:
-
of
five
shillings
March
record
—
The directors
and
25
March
stock,
2.
including
Feb.
on
common
paid
share has been declared
1.
per
and
discount
debt
69,381
301,130
392,491
;..v
expense--
Dividends'
Interest
17 declared
no
like
A
March
Income
.
470,589
2,152,028
27~5~270
566,931
$49,567,402 $48,578,765
on
$10 868,312 $10,868,312
—
interest
130,895
2,130,895
■21 451,000
21,657,000
2
140,333
payable
—
4,279
11,050
debt—!
long-term
360,573
4,022
456,714
long-term debt—l.-—
on
accrued
debt—4A__-
on
for
U.
income
the
on
20,260
298,427
174~716
1942.—V.
15,
amount
1939,
dividend
a
value,
par
annuities—
-
68,284
■(•Represented
of
75
has
and,
been
in
paid
cents
13
each
to
reorganized
V.
share
per
holders
of
since
quarter
extras-of $1 each
1941.—V. 156, p. 1869.
Statement,'Year Ended Dec.
156,
;
for
'
■■
53
.
32 173
32^813
21^570
(before unrealized profit
or
loss,
on
former
fiscal
agents,—
1942
$4,170,548
!
revenues
way
of
equipment-
and
$3,180,644
398,619
673,829
512,793
■727,636
66,689
structures
.
.
1,470,157
7,764
125,783
vV"
expenses
66,230
1,262,900
5,445
106,695
$1,259,726
accruals-
Joint
rents
facility
$624,458
Dr25,675
(net).
rents
269,257
(net).
$397,669
JDr78,147
income
Operating
Equipment
$666,926
635,268
operating revenuetax
'
on
preferred
''
'',
stock————————III""
Net
railway
Dividend
Total
Dr67,726
$520,636
$326,319
2,264
Dr3,623
Sheet, Dec.
$54,523;, dividends
and
31,
taxes.
$36,720;
common
stock
parable.
$1,150;
$6 cumulative
receivable,
provision
preferred stock
$13 031'
$12,376,635.'
for
($25
(593,320 shares, no par), $593,320;
$10,625,477; deficit, Dr$611,282;
2,254
—
Federal
par)
capital
'
and.
$1 731
deductions
available
for
from
fixed
income
charges—
Rent for leased roads and equipmentInterest
on
debt—
$447,676
6,428
5,950
$631,597
$441,725
7,541
7,745
258,544
271,215
-
surplus
total, $12,376,635.—V. 155, p. 698.
Income
119,093
$638,026
I
1941
interest
investments in securities (at cost), $12,309,080; total,
Liabilities—Accounts
income-
115,136
income
Miscellaneous
Balance
Assets—Cash,
operating
income
income
$492 507
450^125
Net
-V.
income
157, p. 478.
' 1942 v.?. . ■ 1941
$28,618,671 $27,541,837
1,391,709
1,820,134
823,091
„—^138,463
—————
157,537
assets-—-——-.
•—
184,407
Other current
bonds-—.—--————
------
200,06®
122,9-1
182,741
9,569
———195
Prepavments ———
Special deposits
$365,209
$162,969
185
168,2 <9
803,721
35,522
165,756
663,721
——————101,553
Unamortized expense on
Total
$32,254,670 $30,884,597
-
—
Liabilities—
' '
c
.——--$3,200,000
w——--—2,500,000
stock :
Preferred
■
Common
stock
$3,200,000
2,500,000
■
17,325,000
Long-term debt —
------- - 17,650.000
Consumers' deposit —1—:——
—24,062
32,034
37,087 ; ;
33,495
360,060
667,752
—'4 217,528
84,334
—;—;•
J 7,082 ■ -: 7,875>
liabilities-—_____-4—-—-———•
extension deposit—_
current
Main
Accrued
taxes
Accrued interest
liabilities———--—.—--i—
outstdg. funded debt
accrued
Other
Unamortized premiums on
Reserves
——i
——
-
——
Surplus —-J
13,197
837,940
3,570,573
-
3.837.159
—
25,830
845,350
3,296,240
2,865,685
,Total'$32,254,670 $30,884,597
—V.
157,
557.
p.
,
Morris
Philip
&
Co., Ltd., Inc.—Offering to
Stock¬
holders—
The
company
Feb,
shares
of
expire
made
19
offering to the holders of its common stock of
right to subscribe at $62 per share for 105,175
stock (par $10), at the rate of one share, of such
for each 8 Vi shares of common stock held.
Rights;
is
the
common
stock
common
will
March
Payment
5.
the office of
at
share.
shares
;
The underwriters
per
for
subscribed for must be
Trust Co., New York, or Continental;
Trust Co., Chicago, or American Trust Co.,
Guaranty
'Illinois National Bank and
$62
1943
of
Net
-
receivable
San Francisco.
operating
Other
securities
owned
250;
from
profit before loss oh securities-A——$514 078
Net profit
Bt^te
receivable
^Represented by 21,493
funds in closed or
for
$579 005':
$579^063
taxes__—__^u,^_„_^"2I—~r
par).
Marquette Ity.—Earnings-
Maintenance
Traffic
u—
—
Materials and supplies
have agreed to purchase
■,
-V
the unsubscribed stock at
Company has been advised by
the underwriters that
they have authorized Lehman Brothers and Glore, Forgan & Co. as
their representatives, to determine whether a general public offering
or
any
other offering shall be made
of part or all of the unsubscribed
and the price or prices and terms and conditions of any such
if made.
If such offering is made, it will be made: (1) on
New York Stock Exchange
(regular way), at market prices pre¬
stock,
offering
the
$1
per
prices,
time to time on such Exchange;', (2) by means of a
offering on such Exchange, at the last sale price of the
stock on such Exchange'less' a commission of not exceeding
from
vailing
special
common
'•?
income
notes
Maintenance
.
—;
——
and
Miscellaneous operations
v
Treasury bonds_—.
Federal
banks
(no
certificates
p.-
General
,
shares
*Represents
Transportation
i
31, 1943
by 429,848
par).
Month of JanuaryTotal
Dec. 31
-
Accounts
,;
addition,
Industries, Inc.—Earnings—
(no
Pere
Loss on sale of securities
/v.-
$592,734 Z. $611,402
Sheet,
■
capital
U. S. Government
4,812,280
9,679
$49,567,402 $48,578,765
shares
^
156, p. 1332.
payable March
Assets—
149,186
176,3s0
12,248
75,277
bonds—
retirement
Total,
common
Jj—
Provision
Dividends
$931,870
261,188
$813,610
record
'-~.ilX
S.
Expenses
Net
$1,635,673
676,000
H'nH
_93,815
242,569
$1,686,226
676,000
11,003
— v ^ 157,951
254,955
248,539
Cash
6,829,402
,259,338
on
liabilities
secured
Reserve
Bal.
737,083
,363,780
284,485
—
Accrued interest
Other
456,714
,335,231
——
Re serve for restricted assets
Railway
Total
(or deprec.)
exps.
Other
—;
Unamortized premium
holders of record March 10.
share paid
each
quarter
from
i._—
■
tax
Income
avail, for divs.-
Retir.
$1,841,828
561,792
93,211
$1,854,402
546,078
87,686
145,840
charges
other deduct.
&
Federal
Fixed
^ ^
Depreciation
Payment
to
Dec. 26, 1939, and on Dec. 26,
on
Pennsylvania
,
Amort.
149T86
.
1
charges---.,-^-
.
Dividends
Penick & Ford, Ltd., Inc.—75-Cent Dividend—
were
-w—
earnings
Net
Undistributed debits
——
Matured
dividend
Sept. 20, 1941, to and including Dec. 21,
record
Taxes
110,762
■
Earned surplus
the
Oper.
excess
Peck, Stow & Wilcox Co.—Reduces Dividend—
on
Dec.,31—
220,478
'
;
fCommon stock
stock
"
share, payable March 15 to stockholders of
■
Suburban Water Co.—Earnings—
1942
1941 .
1940
1939>_.■
revenues
$2,762,939 $2,701,606 $2,506,92o $2,443,138
(includ. maint.)_ :-,; ^ 826,277
770,081 , 692,999
678,169
82.260
83,697
127,700
129,290
Philadelphia
12 Mos. End.
550,000
•
par
2138.
p.
1,692,100
110,740
Refunding and collateral 314 'fa trust bonds——
Accounts payable
will be made in United States funds at the rate of $1 per share
,■;Distributions during 1942 were as follows:
Feb.
28.
50
cents;
April 30, 75 cents; June 15, 50 cents; Aug. 31 and Oct. 15, 75 cents
each, and Dec. 15, Sl.-^-V. 157, p. 45.
A
156,
—V.
outstdg. funded debt-Unamortized debt discount and expenses——
fPreferred
$4,804,493
644.
p.
Taxes
stock,
1930—undistributed bal¬
$481,074;.undistributed income, $5,163,432; cost of 14,200 shares
treasury, shown above, Dr$70,700; total, $14,979,741,
capital stock in
501,443
Liabilities—
Enterprises Consolidated' (Inc.)—To
&
Pay Dividend of $1 Per Share—
This
Interest receiv¬
$39,498; accounts payable and accrued
($5 par), $9,351,000; profit and loss
———491,335
assets
deferred
Matured
The
capital stock
investments since Dec. 31,
of
realization
5,044,391
'
:
notes--———.
Treasury
Unamortized
3.796,115
$4,552,282
■,
Patino
'
and
$53,602; total, $14,979,741.
5,139,599
640,906
1,527,768
securities
receivable
,
Other
8.600.608
6.074.612
-tAfter all charges.—V. 157,
for
1941
10,626.894
—L.
income
net
indicate no
computations
Sinking fund for redemption of bonds———
Interest and dividends receivable
$18,707,523 $17,713,455
———
—
;..
:
mineral rights,
Balance
.
Special deposits
Subs.)—Earns.
*194.7
revenues
'
>•■■! v;
.
dividends
$607,881;
$4.67
$4.66
liability
■
•Restricted
Eastern
on
company's
Note—The
Investment
348.
p.
for the year—
Cash
18,449,660
•Preliminary figures,
.
deposit,
on
$15,438;
expenses,
$288,644
Crl,210
12,262
—
12,254,790
1,967,679
Federal income and excess profits taxes—.
■
profits
of 382,260 shares of common
16, 1941. -
Gross
21,000
.
32,162,431
tProfit before taxes—
,Jrxi
134,617
163,288
'
■
Consolidated Balance Sheet, Dec. 31
1941
Assets—
;■
1942
Property account
—
$38,640,372 $38,384,495
373,668
Materials and supplies-——_—_
341,102
279,030
59,115,380
———
Consolidated
■V
■163,183
excess
:
:C.
Balance Sheet, Dec. 31,
Liabilities—Reserve for taxes,
t
$3,039,084
766,999
107,465
1,719,392
Earnings
•>'.
'
income-
Panhandle
/
707,113
■
$2,115,501
107,465
1,719,392
t
1,108,447
6,579,204
2.467,757
1,394,040
revs.—
income
Total
$3,003,416
700,524
$2,110,690
Balance
84,380,184
Calendar Years—
V
$3,100,844
———————
Prepayments
'">>
—■—,
income and
...
420,936
deductions—
income
income
i
2,216,074
18,500
taxes
157,
1940.
of 383,780 shares of common
20, 1940.
1
$14,051,813;
/
8,537
U.
—V.
$2,618,148
335,030
■profits tax.
7,866,864 101,491,085
24,600
341,338
5,626,190 68,987,316
9,065,461
expenses—
oper.
$2,668,385
29,247
Accounts
Net
-
and other taxes.
required for Federal
is
the year
Interest
*'
revenues—
Uncollectible oper. rev.,
Net
**$30,299
Cr7,570
Net
1942—12 Mos.—1941
1942—Month—1941
Operating
Operating
**$37,285
connection with the distribution
Consolidated Oil Corp. on May
ance,
CrS~m
.
oper.
1,365,250
$8,046
•
$1,334,951
able, $16,445; U. S. Government obligations, $250,000; securities owned,
at current prices at Dec. 31, 1930, with subsequent additions at cost,
384,314
$2,225,980
Divs. on $5 cumul. pfd. stock
107,465
Dividends on common stock——1,719,392
$281,629
Telegraph Co.—Earnings-
Pacific Telephone &
Net
1,346,065
•
,
company
Period End. Dec. 31—
Operating
$1,308,780
855,285
**$80,183
—
vV-;;:;;':'
on
482,885
charged to construction—-
Miscellaneous
periods prior to April 30, 1942, consolidated opera¬
and its former wholly owned subsidiary, Inland
Power & Light Co., whose net assets and business were acquired as
of that date.
tPteliminary figures.
JDeficit.—V. 157, p, 169.
the
of
$863,331
for Federal income, State
Assets—Cash
319,882
$2,617,959
assumed on interest
Interest
♦Including for
tions
•
548,565
;
—
—
--
—-
debt—-—,.—
Amortization of debt discount, premium and expense (net)———,
458,478
pfd. stocks for the period—
DivS; applic. to
1,188,217
414,428
403,8^3
tax———
income
Gross
$740,107
458,478
t$20,792
$571,972
652,155
••Deficit.
25,694
1,174,358
558,591
Interest on long-term
$144,660
148,425.
§21,344
stock of
930,519
—
———.
income
Taxes
—
See t
See t
1121,190
connection with the distribution
Consolidated Oil Corp. on Dec.
§In
304,128
951,238
Cr20,029
—
Operating income
$2,068,443
113,496
—
deducts.-
etc.,
68,019
20,670
—
for
taxes
of
Dr951
;; ;,
57,743
,V
36,000
provision
tNo
,,
1,149,158
Cro01,76ti
1,325,250
$2,069,394
875
307,837
•
_
expenses-
income
Federal
Other
Operating incomeincome (net)— v
—
57,679
V\
period—
for
1940
(net)—
power
Other operating
$1,842,548
226,846
$2,032,098
19,098
plant
Other
Interest,
$130,755
19,354
revs-
Fed.
;
$6,319,466
——
Corp.
Power
Water
1941
$6,461,702
287,688
———
Other taxes
Rent from lease of
12,740
stock of
$6,904,824
31—
purchased from Safe Harbor
Power
Interchange
192
13,065
paid in cash
Balance
figures.—V. 157, p. 170.
Preliminary
Depreciation
411
10,920
5,460
■-•
—
etc.
inc.
Net
Divs.
$3,202,888
$1,602,993
—__
—
Maintenance
reserve
investments
18,238
Years Ended Dec.
limited-term
of
Amort,
2,806
$6,933,330
3,032,870
r.
—
—
Operating revenues
$6,793,338
3,084.888
447,140
608,670
$621,221
279,901
V; 34,659
'
—_
97,958
•flln
72,014
expenses—
Federal
106,875
Pennsylvania Water & Power Co. (& Subs.)— Earnings
246,387
$625,779
revenues—
Operating
$1,462,317
12,244
expenses
tax
income
■costs,
.
'
58,333
Operating
277,083
71,338
Balance
tl942—12 Mos.—1941
U942—Month—1941
Period End. Dec. 31—
$1,412,852
11,707
y:
,
taxes—v—
tProvision
Statement
♦Income
$966,973
11,071
1
.
normal
for
Prov.
$12,716,874
3,322,824
3,325,000
' 1,282,500
1,282,500
1,100,242
1,138,733
income——
Net
Divs.
Co.—Earnings
Light
&
$699,199
7,465
Registrar and transf. fees
Cap. stock, State fran-
33,334
38,689
$1,462,197
-.119
Tl.
—
etc.,
1939
$1,412,614
<;■
238
54,025
—
—
chise.
/■'•'.
1940
1941
$961,973
5,000
$691,733
—
income
Other
15,489
106,875
on
struction—Cr
declared on the common
20.
mtge.
Interest on
A',: *
Power
Pacific
dividends
Interest
$947,015 $11,006,573
$1,089,145
274,907
income
Interest
Corp.—Resumes Div.
payable March 1 to holders of record Feb.
with two cents paid on July 15, 1941; none since.
compares
for Calendar Years
1942
•:■
2,850,000
16,895
8,387
2,587
(net)
income
net
These
share on Dec.
per
Cash
$938,628 $10,967,884 $12,683,540
$1,086,558
operating revs.—
.
Gross
1 to holders of record March 15.
Jan. 2, last; one of 25 cents on
on Jan. 2, 1942.—V. 155, p. 1017.
cents per share has been
of six
common
$8.49.
Fed. tranf. tax and other
$1,
par
Corp.
$7.10
Other oper.
50 cents per share on
Gas Development
Pacific Oil &
stock distributed to stockholders on May 15, 1942,
asset values compare with net asset value of
31, 1941.
Total
net
assets
of
the
company
amounted to $13,216,114 and
number of shares outstanding totaled 1,856,000 at the close of 1942.
This compared with total net assets of $13,337,120 and outstanding
shares of 1,877,100 at the end of the preceding year.
Oil
was
Income Account
3,200,000
1,332
1,369
—
capital stock of corporation on Dec.
of
was
*1942—12 Mos.—1941
237,500
412,500
America—Annual Report-
share
per
Total
Co.—Extra Distribution—
have declared an extra
directors
The
and
value
1942,
prices,
been elected Treas¬
Other
stock,
158,604
asset
based on the value of the corporation's securities at current
$7.12.
Net asset value per share on Dec. 31, 1942, plus
the market value at that date of one-fifth of a share of Consolidated
31,
$3,742,020 $46,620,228 $43,362,377
1,950,482
23,046,077 21,450,039
445,385
7,351,285
4,269,855
168,693
2,038,087
2,093,454
441,131
—
investments
Net
Indemnity
Pacific
-
retire, reserve
appropriation
Amort, of limited-term
258.
p.
Net
Property
formerly Assistant Treasurer, has
Beckett,
J.
taxes
taxes
Other
Electric Co.—New Treasurer—
Pacific Gas &
urer.—V.
Federal
1315..
155, p.
1942.—V.
15,
expenses-
$1.50 each;
Petroleum Corp. of
Co.—Earnings—
1942—Month—1941
$4,177,965
2,077,803
revenues—..
Operating
declared a dividend of 15 cents per share on
common
stock, par $15, payable March 5 to holders of record
25.
Like amounts were paid on April 6, July 1, Oct. 5 and
Feb.
•
declared on the common
record Feb. 26.
Dis¬
14, $2; June.15 and
and Dec. 15, $1.75.-—V. 156, p. 2228.
been
has
share
per
payable March 15 to holders of
1942 were as follows: March
during
15,
Sept.
$1.50
of
$50,
par
tributions
a
Pennsylvania Power & Light
have
directors
The
declared
23
Feb.
on
Period End. Dec. 31—
Dividend—
Plantations Co.—15-Cent
Paauhau Sugar
stock,
regular quarterly dividend of
25 cents per share on the common stock and the usual quarterly divi¬
dend of $1.25 per share on the. 5% cumulative preferred stock, both
payable April 1 to holders of record March 15.
Like amounts were
paid on Jan. 1, last.
■
'
Payments on the common stock during 1942 were as follows:
Jen. 1,
April 1 and July 1, 25 cents each; Oct. 1, 20 cents, and Dec. 28, a
year-end of five cents.—V. 156, p. 2043.
.v ;.
directors
The
dividend
A
Corp.—Dividends—
Pennsylvania Glass Sand
v
"'./V/'
;:V
' ■ '•
;
Oneida, Ltd.—12 V2 ■-Cent
,
Pennsylvania Salt Mfg. Co.—$1.50 Dividend—
Div.—
cents per
75
of
dividend
Monday, March 1, 1943
CHRONICLE
share has been declare*! on account of
accumulations on the $7 cumulative preferred stock, series A, no par,
value, payable March 15 to holders of record Feb. 27,
During 1942,
the following distributions were made on this issue; March
13, 75
cents; June 15 and Sept. 15, 50 cents each; and Dec. 15, $1.25.—V.
156, p. 1869,
;
■:\-y
.
!.
A
:
.
& FINANCIAL
Pennsylvania-Dixie Cement Corp.—Accrued
removes
debentures.—V. 155,
against
2370.
also
bonds
payment on the first mortgage
the company's purchase of
above
restrictions
p.
COMMERCIAL
THE
820
share; or (3) in the over-the-counter market at a
determined by said representatives, as follows: (a)
price or
if made
last sale price
sum equal to
the regular Exchange commission, or if prior to the opening of trading
upon such Exchange a price shall have been, established in accordance
with the latter part of clause
(b) below, then, in the discretion of
the representatives, at such price, or (b) If made before or after such
trading hours on the Exchange, either at the last sale price thereon, or
at a price not greater and not less by more than $1.25 than the last
sale price on such Exchange, as the representatives may determine,
provided that, once a price has been established in accordance with
the latter part of this clause, such price may, in the discretion of the
representatives, be continued regardless of subsequent changes in the
market prices, or (c) such other price or prices as the representatives
may determine, but in such event such other price or prices shall be
during trading hours upon such Exchange either at the
thereon of the common stock plus,
when required, a
set
forth
in
undertaken
Company
a
to
supplement to the
prospectus, which the company has
file.
underwriters an amount equal' to
in respect of all the 105,176 shares of common stock
will pay to the several
$1.3712 P.er share
I
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4155
157
aggregate number of shares of unsubscribed stock pur¬
several underwriters shall be more than 10,517, an
for each share so purchased.'
Registrar'Transfer
agent—Guaranty Trust Co: of New York.
National City Bank of New York.
Listing of Additional Common Stock—
the
if
plus,
chased
by
the
additional
821
The New
$1.50 per share
York
Stock
additional shares. of
issuance,
V.
making
157,
Republic Aviation Corp.—Initial Distribution
Exchange has authorized the listing of 105,176
stock
(pgr $10), on official notice of
total amount
applied for 999,281
shares,—*
The
common
the
holders
644.
p.
directors
share
per
of
Feb.
on
the
on
declared
18
outstanding
March
record
board, announced.—V.
1,
156, p.
initial
an
dividend
Stock
on
of
cents
25
stock, payable March 10 to
W.
Wallace Kellett, Chairman of the
1509.
common
Capitalization as of Feb. 39, 3943
-
3%
20-year
..
Outstdg.
*$6,000,000
None
120-year 3%; deben., due March 1, 1963 -.pfd. stk. (par $100), issuable
In
series
a————■———
*4'A rk series •,
—
None
9 Mos. End. Dec..31—
Net. profits
.
Cumulative
Earnings
shs!
200,000
147,491 shs.
y^The
trustee
893,998 shs.
the
sinking fund
indenture
the
under
been
.
—
share)—„„_„_tl,000,000 shs
$10 per
holds
now
in
194.—
the
tQt
hereby.
stoclt offered
common
these
5%
of
shares,
shares
31
-!
for
reserved
are
Issuance
with
connection
stock ..dividend on the
a
■
issuance
upon
Net
1%
of
1942,
the
the
of
use
the
outside
Armed
American
the
States.%
United
and
.■>.
\
••
•
r;'
2,863,415
26,704,163
"38,246,085
l939.i__.r.iy:::.^y__^
64,073,182
1940
.
at
Dec.
to
the
extent
140
112
140
$158,843
$157,189
$1,134,815
$905,167
1,233
Dr323
Drl.525
,
.
275,000
operating
income
revs—
.
y
.
(net)
141
—
;
income
1
$158,984 1 '
$1,134,492
$158,422
%
26,399
income
$119,031
$132,023
applic. to pfd. stocks for the period.—,
Bank,
to
of
40
cents
$661,293
157,
amounted to
in
balances and
above.
to
<fc
used
were
Therefore,
$231,126
$6,243
'
which
Bank
Trust
to
evidenced
are
by
held
notes
by
and Trust
J.
Co.,
State-Blanters
Bank
of
&
Co.
Bank
Inc.
and
Richmond,
and
Trust
Va.
Central
National
Co.
and
the
such, net
remainder of
proceeds will be
;to the general working capital of the company.
Underwriters—The
be
to
of
names
the
several
;/■//%
;
added
;
...
underwriters
and
the
per¬
by each follows;,'. Lehman Brothers, 14.1%; ''
Glore, Forgan & Co., 14.1% ; Bear, Stearns & Co., 1.0%; A. G. Becker
& Co.f Inc., 2.8%; Branch. Cabell & Co., 0.4%,; Alex. Brown' &
Sons,
1.0%; Frank B. Cahn & Co., 0.8%; Davenport & Coy
0.4%/; R. S.
purchased
Dickson
&
Co.; Inc.; 0,8%; Dillon, Read,& Co.%-.4.6%; Dominick &
Dominiick, 2.0.% ; Emanuel $ Cp.v Q.8%: Goldman. Sachs &Co.,4.Q%;
Granbery, Marache & Lord, 0.4%; Hallgarten & Co., 1.4%'; Harriman
Ripley & Co., Inc., 4.0%
4.0%;. Hemphill,
Hornblower
&
Ira Haupt & Co..
;
Noyes
&
Weeks,
1.4%; Hayden, Stone & Co.,
4.0% ;: Hirsclv Lilienthal & Co., 0.4% I
Kuhn, Loeb .& Co., 4.6%; Ladenburg,
Co.,
2.8%,;
2
$100,
par
all arrearages
■■/./,-■/'
up
to
issue
■:
per
share
per
& Co.,
^.0 % ; Lazgrd Freres & Co.. 2.8%%W. L. Lyons & Co.,
0.4%; Maekubin, Legg & Co., 1.0%; Laurence M.-Marks & Co., 1.0%;%
Mason-Hagan, Inc., 0.8%; yM.erfill Lynch,; Pierce, Fenner & Beane,
2.'8%"; Paine, Webber, Jackson & Curtis, 1.4%; Reinholdt & Gardner, i
-
Riter &
1.4%
Co.,
I.
;
Stern Brothers
1.0/i;
M.
&
Schwabacher
Simon
Co..
&
0.8%;
Co.,
&
0.4%%
Stifel,
Co..
1.4%.; Scott
Stein
Nicolaus
String0.4%; /
0.4%/;
Inc.,
Co,,
&
Boyce,
&
Bros.
&
Corp.," 0.8%% Union Securities Corp., 4.Q%; G. H, Walker '
Co., 1.0% ; Watling, Lerchen & Co., 0.8%; Wcrtheim & Co., 1.4%-;
Weld
&
Co.,
1.4%.
Income
.:yy'/:y ;:y-y;(
y.-'Vf
' '
■
■
Account
for
9 Mos. End.
r
Stated
Periods
./
:
y'■)% r'Sf
———Years Ended
share
account
on
cumulative first preferred stock, par $100,
'Distributions of $5 per share were made
and March 10, last year.
The Jan. 2, 1943,
156, p.
Dec. 31, '42 ..1942
counts,
Of
etc.
-
.
of
Voting
for
agreement
1,-G943. '
The
do
another
companies
156,
of
term
that
five
from
years
other-
holders
of
1509.
p.
of
1941
1940
y'eral and
York
New
the
opposed
proposal
;\%''%
behalf
on
the
of
/.;■"%/■'•/%%
: %"•■•//%
The refinancing plan has been modified to substitute $6,500,000 of
3(4% ; 5-year bank loans in place of the $8,0Q0,00O 9-year debentures.
The
plan
The
bank,loans
Mr.
Jackson
He
said
debt
V.
sell
to
the
$52,000,000
first
mortgage bonds is unchanged.
be eliminated in a period of five years and
that this would "hamstring", the company.
to
are
of
contended
company would be called
than
reduction
157, p. 734.
it
afford
can
to
upon
the
to
V'%' ;
;
out
pay
detriment
more
cash
for
dividends.—
o,f
%/./• ',
:
expsl r 9,512,284
.doubtful
.i—i-'
accounts
prof, from
Other
Other
Fed.
State
10,554,613
9,686,727
191,255
142,140
128,140
y-12,519,439
profits
tax—
399,526
443,882
3,689,717
$235,965;
George
238,555
143,815
7,784,136
1,594,924
7,338,019
1.
5,609,914
deposits
(net),
debentures),
deferred
account
y
110",000
7,469,927
A.
the
in
banks
$9,011,0.58;
charges,
receivable
and
Kelly,
ments
ever
placed on, the rail transportation system.
"Including both troop and civilian travel, approximately
passenger-miles
ti-aveled
were
by
Pullman
during
two
billion
January,
according
to: preliminary estimates," Mr:. Kelly said, "and this figure, the highest
for any month 011 record, fairly well gauges the tremendous
weight
o( the railroad job.
■
total
is
hand,
on
increase
from
subsidiary,
of
(less
excess
the
over
trademarks
$3,383;
for
and
other
invest¬
tax,
$335,000;
depreciation of
brands,
,$50,000;
accrued
banks,
$8,500,000;
$9,798,897;
3%
accounts
debs.
payable, $4,«
$6,000,000;
1962,
1.27
billion
passenger-miles
month
in
from
all
North,
sides
other
London in
-The
with
set
of
the-European
RCAC
3%/
debentures),
treasury
total, $86,295,507.
circuits
which
Telegraph
has
With
link
Moscow in the East,
service,
Swedish
theater.
war
radiophoto
the West,
Stockholm
the
$19,605,625;
(10 shares
at
cumulative
cost), Dr$l,034:
26,
1942.
See
dividend
a
$1
$5
per
both
$100,
par
Dividend—
of
of
of
share
cents
50
share
per
payable
on
the
the
on
5%
March
share
per
to
the
10
on
23,
14,
1941,.
1936,
\
dividend of $1.75 per share on account
a
7%
the
on
cumulative
preferred
stock, par $100,
Like amounts were
holders of record March 10,
and on July 1 and Oct. 1,
157, p.
The
1942.
made on April 1,
was
$70 per share.—V.
1932.
previous
Arrearages
.
46.
of
meeting
a
five-year
the
Inc.,
It
to
was
continuity of
the
of
board
contract
of
directors
serve
management
which
organization
Arthur
President
as
announced that the
he
and
Levey was
General
and
board
took this
keep Mr.
to
established.
Levey
Television
at
Pro¬
a
assets
at
Dec.
Report—
1942, based on market quotations, amounted
equal to $156 per share on the outstanding
preferred stock.
After providing for the preferred stock at $100 per
share there remained $1.35 per share for the common stock compared-
to
$1,027,916,
with
$0.91
paid
in
31,
which
is
share
per
value
asset
at
Dec. 31, 1941.
As of Jan. 30, 1943, the net
calculated was $175 and $1.81 per share, re¬
similarly
spectively.
dividends
Cumulative
full.
There
were
the
on
preferred
during the
changes
no
stocks
have
in
year
the
been
amount
outstanding stocks.
Calendar Years—■
1942
4--U
Income—Dividends
Total
C;
;
1941
1940
1939
$29,422)
$29,369
42,159
39,196
25,946
$83,379
$68,565
$57,586
20,809
15,964
13,056
14,112
518
1,072
4,423
4,274
1,568
.
$41,220
45,910
$75,332
'
s
1,508
1,512
/.
income
Expenses
Taxes—other
than
$31,640
Fed.
income
Interest
Prov.
J J'"
for
Net
Fed.
inc.
tax.
the
Stockholm
United
in
States
income
$52,436
and Cairo in the South.
been
under
Administration
for
test
in
several
will
receivable.
prepaid
$2,500/1,
$666;
accrued
ten
a
picture
minutes.—V.
157,
ever
of
any
the
circuits
and
Honolulu.
requires only
$6
par),
($1
July 31,
Calendar Years—
*Net
1942
Earnings
per
-*After
share of
com.
depreciation,
Federal
providing $6,675,000
Federal
%V■
income
and
adjustments and
excess
other
1941
1940
$2,053,0.37
$1,696,926
$2.58
$3.27
$2,70
stock__
income
(net of
a
profits
and
profits taxes, etc.
refund of $638,000) for
and
$650,000
accounts
preferred
op
the
record
March
16,
cents.—V.
have
for, post-war
contingencies.
common
Feb.
stock,
26.
June
156,
declared
p.
15
no
a
quarterly
par
dividend
37(4
cents
per
value, payable March 15 to holders
during
1942
were
as
follows:
Disbursements
and
2138,
Sept.
15,
37(4
cents
each,
and
Dec.
15,
($100
pari,
Investment
Co.
of
St.
(&
Louis
Subs.)—
' //
■
1942
1941
1940
1939
$238,649
$224,884
$202,256
77,500
77,500
77,500
dividends
dividends
Balance,
80,000
Assets—Cash,
automobiles,
cash
of
value
western
Fire
$300,000;
life
&
deferred
charges,
$3.02
Sheet,
policies,
etc.,
interest,
income
1912
.
(net),
capital
'
$5,430,838;
receivable,
stock
$3,337;
of
Mid¬
(wholly owned
subsidiary),
less depreciation, $13,709;
cost,
etc,,
total,
$21,040;
payable for borrowed
$10,291;
31,
accounts
$82,751;
Co,
at
Dec.
receivables
sundry
Insurance
fixtures,
prepaid
payable,
$3.68
installment
insurance
Liabilities—Notes
dividend
$4,756
$3.67
$16,463;
Marine
furniture,
120,000
$17,384
Balance
$720,317;
repossessed
130,000
$41,149
$2.09
Consolidated
120,000
$3,575
surplus
Earnings per sh. of com.
taxes,
$6,588,455.
preferred
$4,020,500;
money,
$119,174;
accounts
payable,
losses, $211,722; unearned income, $153,686; 5%
convertible preferred stock ($100 par), $823,300; common
reserve
cumulative
for
stock
equity (40,000
155, p.' 641.
no
par
shares),
$1,233,841;
total,
$6,588,455.—
Simon & Sons, Ltd.—Earnings
profit
Salaries
011
and
Directors'
and
mfg.
fees
lees
to
1942
:
(non-executive)-_—
Net
on
Total
investments———.————
:
87%
.
for income and profits taxes
1942
and
$4,206
in
$85,481
48,764
35,000
$50,481
18,543
/.
dividends
reserve
646
$94,062
$45,298
year
dividends
.'Including
3,910
$84,835
1,112
-—————
profit for
Preferred
2,146
$92,949
income
Common
33,434
1,900
profit
Interest
$124,326
33,430
2,150
officers--—
1941
$130,429
trading
exec,
Legal fees
Net
of
stock
$473,100; common
earned surplus since
$95,443;
74,472
Reserve
directors
and
payable
($100 par),
capital surplus,
37 Vz-Cent Dividend—
The
of
$1,175,899.
$158,047
excess
post-war
taxes
$85,000;
sold,
reserve
income for year
Preferred
*Net
Subsidiaries)
t$l,622,084
income'
total,
securities
(less
Years End. Dec. 31—
Net
(II.)
Domestic
bank,
bank
Years Ended Dec. 31—
Raybestos-Manhattan, Inc.—Earnings—
(Including
$3,5;
accrued
$68,745;
from
closed
cumulative
$7
banks,
total, $1,175,899.—V. 157, p. 46,':/%
$61,922;
Earnings—
in
preferred stock
$272,500;
Securities
to
in
receivable
fund,s
and fixtures,
$3,634;
cumulative
1940,
accounts
$605;
payable
expenses,
stock
cash
six
558,.
p.
$13,942;
furniture
$184,300;
V.
of
radiophotos. from Melbourne
$35,836
,
$1,085,096;
expenses,
Liabilities—Loan
Francisco
receives
$49,573
,
.
$15,941;
terminal
$64,035
of net profit on sales of invest¬
amounting to $9,842, which has been carried directly to earned
surplus.
•.
: /•..:'
-/
Balance Sheet As of Dec. 31, 1942
cooperation
months,
1,404
;Noiie—Net income is stated exclusive
the
with
1,959
800
ments
to, seven the number of radiophoto ciicuits operated by RCAC
between the. United States anc( various sections of the world.
There
is. a New York-Buenos Aires service and, in
addition, RCAC's San
share
and
series in
biggest
for the
bring
of.
stock
the
22 by RCA Communications, Inc,
Opening of the 3,976-mile New York-Stockholm circuit enables RCAC
quickly to service photographs and other graphic material to and
lative
stock, 4(4%
of
paid
June
cents on
Securities Corporation General—Annual
Feb.
preferred stock,
4(4f< series, $14,750,100; preferred stock,
series, $4,966,600; common stock (par $10), $7,284,290;
capital
surplus,. 510,480,237; earned surplus
(of which approximately
$11,015,000 is not available for dividends under terms of issue of cumu¬
preferred
first
Establishing radiophoto service between this country and a neutral
European nation for the first time, since the outbreak of war, a new
circuit
linking Stockholm, Sweden, and New York was opened on
414%
preferred
the
history.
Total Pullman passenger-miles
billion,, far outstripping the previous all-time record
in
1926."—V. 157, p, 349.
19
billion
capital:
-
share
per
holders
cents
the preferred stock were made on Nov.
on
Dec.
to
insure
Connpon
tAfter
payable,
liabilities,
to
85
subsidiary of Paramount Pictures, Inc., and General
Precision Equipment Corp, are associated with Ml. Levey in the opera¬
tion of the Scophony corporation.—V, 157, p. 645.
Radio Corp.. of America—New Radiophoto Circuit—
.
$3,841,362;
sinking
total, $86,295,507.
Liabilities—Notes
January,
$66,406,270;
profits
reserves
last
in
year
exceeded
14.4
investments,$1,474,48.9; prepaid
capital stock of subsidiary,
credit
to
ductions,
,
57%
a
Pullman
$572,444;
property,
plant
and
equipment
$1,808,353),
$3,815,235;
goodwill,
910,791;
by
passenger
to
cash
inventories,
cents
26
of
last,
to
a
helm
travel
Transmission
Sh,eet, Dec. 31, 1942
$102,000;
post-war
187,405
^
the
$6,810;
Vice-President of The Pullman Co., reporting on
yardsticks of the industry, on Feb. 18 said that in
January the railroads successfully met the heaviest passenger require¬
of
one
.640,016
;
2,435,078
2,521,500
$448,300;
ments,
9,814,867
592,436
•
3.010,000
receivable
and
expenses
10,696,753
-
taxes—170,000
Assets—Demand
(3%
14,677,789
'
3,330,000
-
tax
Balance
fund
77,534
91,666
%
14,486,534
Net income
accounts
78,254
126,464
income
income
58,089
12,392,976
deductions—%
excess
7,010,669
oper._
income
Federal
9,014,533
————
income'
JTO.tkl
10,770,842
action
interest
/Pullman Co.—Record Passenger Travel—
56,408,117
■■
30
Distributions
23.
of $5
Assets-r-Investments,
73,183,046
67,455,174
to
Interest
attorney,
stockholders' group.
gen-
admih.
for
87,115,987
of
March
year-end
a
dividend
a
stock,
Manager of this company.
Refinancing—
Jackson,
of
86,974,209
payable
with
Scophony Corp. of America—Contract Signed—
of
the
repayment of bank loans proposed in the
amChded plan of recapitalization would utilize cash that might other¬
wise be used in the payment of dividends to stockholders, Percival E.
"The
• *•
amount
'Net
recommend
likewise.—V.
and
also $1.75 per share,
Following
Trust
•
Union
certificates
traveled
:
107,369,744 112,309,839
selling,
Provision
Net
i:
•
.
.
sales-.—. 85,408,395
Shipping,,
less> dis-
15
156,
y/Contending- that
year
sales,
of
dis¬
year.—V.
.
Corp.—Extension
.
to
up
1155.
Fuget Sound Power & Light Co.—Stockholders Oppose
%
'
Mar. 31—
'
Cost
2,
signed
24.
.
!
Gross
1
Jan.
to
up
1
■
'
/ '
April
on
%
of
Plan
Swiss
American
*.
year,
declared
Feb.
and
paid
on
Thahnann
White,
stock
accumulations
holders of rec¬
this
on
dividend of $2.50
1, 1943.—V.
voting, trust
these
last
were
St. Regis Paper Co.—Accumulated Dividend—
First
the debentures, net proceeds from the sale
thereof
will
be
applied, to the extent required, to the payment of the unpaid balance
these loans
Jan.
National
March
company-
sells
0.8/; ;
of record
payable
.Mortgage Corp. and The National Union Co.,
approximately $900,000 Prudence-Bonds Corp. voting trust
for
capital stock, are notifying other holders of these
certificates that they have voted their certificates in, favor of extending
the
amounts
5,
Dec.
account
on
stock, par $100, pay¬
Mountain & Pacific Co.—To Pay $1
The directors have declared
City
and
the:
If
■
The
share
per
Like
dividend
a
value,
dividend
preferred
on
of
certificates
Bank, New York, Com¬
York, Guaranty Trust Co.,
New
P..? Morgan
Feb.
on
Prudence-Bonds
owners
Co.,.'Chase National
Co.,
issue
dividend of $10
a
payment clears-up all accumulations on the first preferred stock
■
declared
par
$10,
par
31,
:
5%
the
on
Agreement Sought—
*
received by the company,
the reduction of the com¬
are
applied
be
specific
v';
•
net-proceeds
this
::
company
any
paid
1943,
preferred stock,
cleared
record Dec.
and including
to finance
the
to
which
15,
1,
second
1942..% '
holders of
of . these loans
\
the
they will
Trust
by bank
since Dec.
part
$8,500,000 and
Feb.
on
of accumulations
on
$1.25
18.
and
31
compares
a
have
stock,
and
per
The company on Jan. 2 paid a
to
Feb.
to and including Dec. 31, 1938, regular quar¬
terly payments of $1.25 per share were made on the preferred stock.
Also on Dec. 31, 1938, a disbursement of 25 cents per share was mado
on the
common stock.—V.
156, p. 1613.
;! v'
349.
p.
last
430,167
paid on Oct. 1 and Dec. 23, last year, compared
share previously-each quarter.—V. 156, p. 2138.
cumulative
1,
and
.uFrom March
$436,410
430,167
ny.
were
per
company
Jan.
Jan.
Aug.
23
no
This
last,
directors
holders
share has been declared on the common
payable April 1 to holders of record March 15.
value,
par
no
$5
record
1,
Feb.
stock,
12.
non-cumulative
467,232
Propper-McCallum Hosiery Co., Inc.—Dividends—^
the
.
$12,000,000.. The proceeds
referred
York;, and
New
financed its needs for cash
1942,
,and. Merchants, National
fellow,
The
$903,642
473,199
\
dividend
The
-
botH
Dividend—
dividend of
a
Common Dividend and $5 Preferred
5,609,9.14
'
year,
on
1870,
p.
cumulative preferred
of
June
St. Louis, Rocky
112
•
now
"■ •<,•>.
bank; loans
•
316,667
12,119,914
profits taxes.
1.
last
15,
quarterly
2045,
payment,
31,
that
that
Manufacturers
.
22,917
7,784,136
company's cash
v.,-y
the
expected
centage
'/
y
36,805
______
6,449,772
excess
cents
limited-term
14,233,908-
accurately what part thereof was applied
mercial National
of
389,591
-
pratt & Lambert, Inc.—40-Cent Dividend—
JIncome and excess profits taxes. :
25
A
total
of $36,000
of
bonds due serially from Sept.
1,
1943, to
Sept. 1, 1955, inclusive, have been called for redemption as of March 1,
1943, at par and interest.
Payment will be made at the Commercial
Bank & Trust Co., trustee, Covington, La.—V. 157, p. 479.
49,256
359,058
107,369,744
increases
state
Bank,
■
1
2 065,642
124,159
022,103
amounts
6,510,000
cents per share
Dec,
St. Joseph's Abbey, St. Benedict, La.—Bonds Called—
50 cents
increased
purpose.
:
<:
156, p.
$3, 684,768
with
the company
added
pany's
212,409
<>532
29,825
reserve
'Preliminary figures.—V.
.
which
Hanover
^ % 1
Balance
ord
period
is
of
stock,
.
1942, have
To
309,794
Cr75,631
expenses—.
V.
$4,669,226
2,734,387
$369,992
Like
.
156,
and
*1942—12 Mos —1941
*1942—Month—1941
$459,776
De.c,. 21,
on
Co.—Earnings—
5%
holders
on
capital
March
7,338,019
.1'
and
extra
37(4
holders of record March
15
Co.—15-Cent Dividend—
directors
the
112,309,839
part, the
it
Coke
&
the
28,
Ruberoid
The
common
Application of Proceeds—During the nine months ended Dec. 31,
.1942, the company's cash requirements have .substantially increased.
During the period from March 31, 1942, to Dec.'31, 1942, its inven-y
tories rose from $53,080,487 to $66,406,270,,'its net accounts receivable
rose from
$6,209,719 to $9,011,058, and its net investments in prop- /
erty, plant and equipment rose from $3,650,663 to $3,815,235.
During
cannot
6,649
7,469,927
;tNine months ended Dec. 31.
in
16,853
12,738
1,704,924
,;*Before provision for income and
were
22,013
25,692
39,953
;A
to
15
Sept.
'
2,766,298';
9,174,851-
-
87,115,987
t 1942________A___
this
30,204
Feb.
on
10,104,317.
73,183,046
.
1942.
loans
1940
$72,628
-1942
'
6,557,894
.-
dividend of
a
on
1942.—V.
15,
on
to
1
788.
p.
2,424,452
1,703,576
8,092,270,..1,534,376
7,353,396
-
1941
$81,434
,
812,265 'ft', 3,525,371
- "5,649,820.
4,337,636
55,142,158
March
bursed
15,313
.revenues.*—...
retire,
Gross
$503,661
1,541,965
289,024
438,963
cents
directors have declared
accumulations
on
Gas
investments
Income
$84,000
12(4
and June
common
'r
JTaxes
.
1,830,989
i93aE:IC{!I5III'HI-2iI-I-'
The
156,
$90,060
income—,
appropriation
Other
$587,661
made
were
Rockwood & Co.—Accumulated
this
set
to
contingencies.—V.
.•
■
15,611,832
1936..
post-war
$95,654
29,598
taxes
Amort,
Net
^'Income
Net Sales
contemplates
company
for
1943
.taxes
Property
ended Dec. 31,
>».
■
Other
Net
$5,577,007
■
——
the
since
reserves
railway—
railway.—-'/,
oper.
Federal
Sales and Earnings, Years Ende(i March 31
1935
the
Period End. Dec. 31—
i
with
14
declared
16
stock, payable March
distributions
March
of anticipated excess profits taxes is not
157, p. 478.
Divs.
1934———
31,
ry.
Operating.
Operating
;..
•.
estimate,
in
Portland
and
packaging of its products.
i
the
10%
of
from
less than
smoking tobaccos-manufactured by the.company are produced in Richmond, Va,r where the company has complete facilities for the processing of • leaf tobacco..and .the. manufacture
cigarettes
anticipated refund under renegotiation has
Feb.
on
common
record
-•
abroad,
Forces
during the 21 months
sales
company's net
made
were
•♦All
the
for
credit of
aside
from
Net
—V.
in .Virginia
corporation.
Company is- engaged in the business of manufacturing and selling
cigarettes and smoking tobaccos.
Its principal product/is the cigarette
sold under the brand name Philip Morris
(English Blend), net sales
of which constituted approximately 92'/4%
of total net. sales, for. the
fiscal year ended March 31, 1942, and 93 (4%
for the nine months
ended Dec. 31, 1942.
Among its, other brands of cigarettes are Paul
Jones, Dunhill Majors, English Ovals and Marlboro.
Its principal
brands of smoking tobaccos are Bond Street and Revelation.
Exclusive
sales for
Provision
January—
sur¬
stock.
common
the
Similar
2138.
Gross
y.
Business—Company was incorporated on Feb. 21, 1919,
at, which time, it acquired the assets of a predecessor
of
The, directors
on
certificates tissued in
scrip
of
surrender
upon'
$0.49
'Pittsburg & Shawmut RR.—Earnings—
scrip
reserved' for
1939
$443,545
$0.47
able
certificates issued in connection with conversions of
convertible cumulative preferred stock, series A; and 76 shares are
render
in
amount
intends to authorize the
of directors
1940
$422,383
$0.49
compared
Post-war
included
p.
sale of an issue of
20-year 3%< debentures, due March 1, 1963, in an aggregate principal
amount of approximately $6,000,000.
Company intends to sell such
debentures shortly after the expiration of the rights to subscribe to
tThe board
1941
$440,662
$0.50
made.
(2)
..
debentures.
$102,000 for the purchase or redemption of these
*1942
$450,000
taxes
share
"Notes—(1)
49,666 shs.
——
-
(par
after
per
.(H. II.) Robertson Co.—37 V2-Cent Dividend—
'Estimated.
,
,4 Va % series
Cpmmon stock
Pitney-Bowes Postage Meter Co. (& Subs.)—Earnings
y
$6,000,000
1962
1,
May
due
debentures,
Authorized
.
for
1941.
depreciation
22,537
of
fixed
assets
of
18,543
18.030
$4,214
iu
Sheet, Dec. 31,
Balance
1942
to
bank, $3,114; Dominion of Canada
and bills receivable (less reserve for
$5,000), $346,094; stock on hand,
$219,196; deferred charges, $1,936; Dominion Government: Refundable
proportion of excess profits tax, $3,094; fixed assets (net), $166,836;
goodwill and trademarks, $1; total, $764,270.
Liabilities—Accounts payable, $91,674; Bank of Montreal loan, $75,-.
000;
reserve
for income and excess profits taxes (net), $27,764;
reserves, $40,000;
7% cumulative redeemable sinking fund preferred
stock
($100 par), $264,900; common • stock
(30,050 shares, no par),
$88,261; earned surplus, $160,923; refundable portion of excess profits,
tax, $3,094; special surplus, $12,653; total, $764,270.—V. 155, p. 1219.
Assets—Cash
in
and
hand
on
J
Brothers, Inc.—Earnings—
Sceman
V
31—
K
2'i
per common share—
—
$1.06
$1.20"
Federal income and excess profits taxes and after giving
1 d% post-war excess profits tax refund.—V. 156, p. 2230. ^
Earnings
♦After
effect to
on
Corp.—Extra Year-End Distribution—
declared a year-end dividend of 50 cents per dividend of 25 cents per share on the capital
'
have
directors
The
and
chare
regular
a
respectively, both to stock¬
March 15,
payable March 25 and
holders of record March 5.
stock,
'
made on March 24,
tion of 50 cents was
1
'
■
'
v\
•
.
•
of
Like amounts
4.
March
dividend of 50 cents per
quarterly dividend of 2%
both payable April 1 to
were paid on Jan. 2, last,
stock,
preferred
the
oh
Cbmmon
the
on
declared an interim
stock and the usual
have
directors
The
holders of record y
;.y
1942 the following distributions were made on the
common stock: Jan. 2, 25 cents; April 1, July 1 and Sept. 26, 50 cents
each; and Dec. 26, an extra of $1.50.—V. 157, p. 173.
During the
year
service
Miscellaneous
4,335,498
revenues-
____
oper. .revenues-.
Total
expenses
Commercial
__
7,588,383
—
expenses
2,620,405
5,108,889
1,786,645
5,687,831
1,890,808
misc. exps.—
and
262,969
279,725
285,303
267,828
2,989,611
2,519,051
2,121,916
1,892,890
1,423,123
1,181,550
998,274
Accounting and treas.
departments
Provision
for
——
empl.
service pensions
benefits
Other
Expenses charged
struction—Cr
♦Taxes
694,920
585,978
1,227.174
1,065,746
642,235
975,888
532,798
: f 496,577
554 443
608,305
11,431,869
695,337
120,126^682
—
f 14,899,469
deficiency of locomotive power; although
and 23 new diesel-electric switchers were
in revenue passenger-miles was
109.54%
of
retirement
and
Federal
Other
$14,852,688 $14,497,968
299,301
270,992
income.
$15,354,450 $15,380,039
non-oper. income—
Dr369,300
Dr300,823
Net
oper.
Total
to
$14,985,150 $15,079,216 $15,151,989
2,533,333
2,212,500
2,212,500
824,838
1,104,222
606,443
interest
Bond
interest
Other
and
discount
68,378
85,694
68,418
74,941
expense
large
in
of
$3
10,850,000
11,200,000
$12,225,953
11,200,000
$844,076
$1,064,668
$1,025,953
$11,033,886 $11,694,076 $12,264,668
—
stock
common
on
11,375,000
$$341,114
dividends
for
Divs.
Surplus
Shares
stock
cap.
$100)
■
accompanied
dollar of net
taxes
tax
.:
—_
11,458,285
$76,844,995
—
—————
compared with 1941, is principally due
accruals,
of taxable income and increase in the
declaration of a higher value of capital stock
accruals
of
for
income
Federal
taxes for
1942,
$7.54
$374,330 in
filed
tlncludes Federal excess profits
of $518,151; 1941, $1,573,-
in 1939.
$265,931
1940,
1941,
«»26).
^Deficit.
Comparative Balance Sheet, Dec. 31
<v
'V-v:1942
r
v
1941
Assets—
360,951,440 336,201,233
Telephone plant
652,776
—
Investment in subsidiary (at cost)
investments (at cost)
Other
deposits-.-;
Cash and special
Notes
advanced
funds
Working
receivable
and
employees
2,203,733
3,373,613
159,537
.
41,531
_—
Accounts receivable
Material
to
16,685,751
.....
Fixed
than
900,802
779,157
Other deferred charges_i^-_j--____-__---—935,515
354,053
expense
(net)—
:
Charges—Interest on funded debt—bonds and
1941 as the result, mainly, of decreases in
for
of
■
notes—was less
interest due to
series S and series T, in 1942, and the
inclusion in
1942 of a full year's interest or equipment trust cer¬
tificates, series Rr issued in 1941.
The decrease in interest on un¬
funded debt was principally due to the payment in 1941 of part of the
short-term bank loans, and the refinancing of the balance as serial
■bank loans.V:./•
' • J;-;
v-.'.
,
Total
__
—
—
'*■*
Liabilities—
390,618,142 361,424,178
OPERATED
SEPARATELY
'
•.•'
Demand
Advances
trustee
to
Advance billing
of
105,000,000
70 000,000
2,792,494
1,500,000
171,320
Tel. & Tel.
American
from
Co.—
liabilities
Deferred credits
2,559,679
660,102
7,902,305
,291,182
not due--——.!......
15,578,891
,059,272
..
——
58,755
of
telephone plant—
surplus
Dec.
4,387,631
——
———
31,
Telegraph
1941,
Co.
at
company
par
200,000
■
•Southern Pacific
of
shares
5,181,980
390,618,142 361,424,178
common
stock.—V.
157,
:
_
Co.—Annual Report—A.
T.'Mercer,
President, states:
Southern
Pacific
Transportation
compares
The
ceeded
those
for
.total
any
railway
operating
previous year,
due
to
substantially
the unprecedented volume
part from the move-,
military and naval personnel and material, raw materials and
manufactures
for industries engaged in production essential
to the
ment of
increase
war
effort,
and
by sea.
which, except for the war, would have been
Rail movements of gasoline, fuel oil, steel products,
traffic,
net
deficit of $196,148, on the same basis, for 1941.
is largely attributable to the considerably
the principal
companies included
in this group
rates,
The
increases.
5,
Commission
Jan.
on
1943.
7,
for
shall
increases
and increased
new
both
interest
This
TRANSPORTATION
the President of the United States, by executive
order, established the Office of Defense Transportation, with emer¬
gency powers designed to obtain the utmost utilization of the nation's
transportation facilities in furtherance of the war effort.
Joseph B.
Eastman,
Chairman of the Interstate
Commerce Commission,
was
appointed Director.
;
Mr. Eastman, with a supporting organization, having representatives
in all large centers of transportation, has issued a number of orders
affecting railroad operations, including orders restricting passenger
service, requiring heavier loading of merchandise cars, and forming a
pool of refrigerator cars, and in addition has offered many informal
1941,
18,
suggestions, with all of which your company has fully complied.
STATISTICS
(Southern Pacific Transportation
System Rail Lines)
Increase
+
—Decrease
Year 1942
miles
Average
ated
road oper¬
of
12,856.83
39,384,755
during year
train-miles
Loaded
cars
train
•ail
85,709,225
+
22,428,188
11,087,029,091
34.74
+
;
955.86
.ii...
Freight revenue per net tonmile—revenue freight
+
+
28.81
199.82
Passenger
revenue
revenue
2,145,063
11.03
6,626,191
64.60
+
2,236,921,285
109.54
+
94.50
89.73
+
.143 cents
9.26
+
54.36
27.30
passengers-.-.
senger-mile
Average
distance
depreciation
charges resulting from
acqui¬
pas-
per
^
>
—
carried—
(miles)
passengers
Transportation Property—The increase during the year In investmen
in
transportation property of the Southern Pacific Transportation Sys
amounted
tem
$26,132,254, as follows:
to
Expenditures for road extension
Expenditures for additions and betterments:
27,047,610
betterments—..
and
-
$26,819,436
77,597
'
equipment
Other additions
accrued
for 1942
(The
$1,573,161 for 1941.
after charges against income of $1,245,465
Northwestern Pacific bonds owned by com¬
are
on
showing was due to greater freight revenue
from heavy movements this year of construction
improved
which resulted mainly
• $76
■
/
stock
53,944,64
Total.expenditures
$53,945,408
Less: Property retired, equipment vacated, and other adjust.
27,813,154
—
,
increase—
Net
$26,132,254
Debt—There
Funded'
held
of
of
decrease
Southern
Pacific
of
$26,244,275
Transportation
in
th
Syster
provide for the construction and acquisition of new rolling stock
following equipment
Southern
of
of
net
by the public at Dec. 31, 1942, compared with Dec. 31, 1941,
To
the
debt
funded
a
was
Co.
Pacific
trusts were created
equipment
trust,
in
series
1942:
"S," covering
equipment trust certificates.
Southern Pacific Co. equipment Trust, series "T,"
$4,430,000,
$5,660,000,
The
paid
March
June
2 V2 %
$15,000,000. of
off
29,
334,275
during
25,
and
1942.
was
an
issu
an
issu
1941,
Wer
2 V-2 %
equipment trust certificates.
bank loans outstanding at
covering
Dec.
31,
the year,' as follows: $2,500,000 each
April 15, 1942, and $3,750,000 each on
Other
retired
or
funded
debt
in
the
principal
acquired, during the
March
on
May
amount
25,
of
5
an«
$21,
year.
General
Pacific RR.—Net deficit of this company
years
7.50
•
253.45
...
Passenger-miles—revenue
;
Passengers per passenger train
■—revenue
4.86
.048 cents
413.05
21,593,223
16,883,652
4,279,102,861
v
carried—revenue
Passengers
16.47
1.688 cents
train-miles
Passenger
2.48
135.14
-
1.036 cents
....
freight (miles)
-revenue
+
-
carried—
distance
Average
'45.60
.84
train—
freight
per
35.44
35,401,885,422
__w:
freight
1.14
23.53
freight
per
,—
tons
Net
-
freight.
ton-miles—rev,
Net
+
freight..
carried—rev.
Tons
148.20
7,501,315
—
+
motor coaches.
Northwestern
for
DEFENSE
OF
OFFICE
was
$315,431, compared with a net deficit of
results
for
the
reopened
case
Dec.
On
amount
Ry.
plan, which was commenced July 1, 1941,
and completed early in 1942.
These improvements were partly offset
by increases in expenses due to the greater volume of traffic, higher
pany.)
FARES
the United States on Dec.
be
expended solely for additions and betterments to the operating
plant or for the reduction of funded or unfunded debts.
The further hearing was held at Washington, commencing Feb. 2,
1943, and a decision is expected within a short .time.
affiliated
resulted from the refinancing
(2)
PASSENGER
AND
RATES
answer
of
Miscellaneous
separately operated solely controlled
principally due to increased revenues from move¬
ment of greater volume of freight, passenger, and express traffic; less
rehabilitation expense, and decreased charges for bond interest which
was
of
by the Commission in February and March, 1942.
to the petition on Dec. 15, 1942, in support
filed
authorized
the
Rolling
Co.—Net income of this company for 1942
amounted to $1,546,807, compared with a net deficit of $1,663,835 for
1941, an increase of $3,210,642.
(The figures for 1942 and 1941 are
after charges against income of $1,103,443 and $1,253,658, respectively,
for interest accrued
on
Pacific Electric bonds
owned by company.)
This
dispose
$5,088,246
ex¬
*"«f freight and passenger traffic resulting in large
moved
a
of
earnings of
Pacific Electric
wage
System
revenues
CONTROLLED AFFILIATED
generally indicated hereunder:
sition of
Revenues—The
with
increase
improved
(1)
issued and sold to American Telephone
l>., 261.
net income of the
The
SOLELY
companies operating in the United States, shown in the income account,
excludes interest of $2,348,909 accrued by Pacific Electric and North¬
western Pacific on bonds of those companies owned by company but
not included in its income.
Such net income for 1942 of $4,892,098
as
28,351
518,151
r-—_
.Total —;
♦On
,238,731
——
.Surplus reserved
Unappropriated
521,590
75,291,884
.
Depreciation and amortization reserves
Contributions
300,000
and other current liabilities-
for serv. & customers' deposits
Accounts payable
Accrued
—L—-
pension fund
——
sold
notes
to
further hearing to determine whether
be continued, modified, suspended or
terminated.
The Commission also requested participants in presenta¬
tion of evidence and oral argument to discuss the desirability, feasi¬
bility, and legality of a requirement that revenue received from the
authorized increases shall be segregated in the carrier's accounts and
the
ordered
COMPANIES
'
..
debt
Funded
175,000,000*175 000,000
($100 par)—
Capital stock
invoked
be
with the Interstate Commerce Commission seeking
increases in passenger fares, freight rates, and
the
of
continuance
trust certificates,
equipment
3,998,128
971,954
1,290,311
debt discount and
Unamortized
Income—The net decrease in income
in 1941 of Reconstruction Finance Corporation loans, and
purchases in 1941 and 1942 of Southern Pacific Transportation System
Companies' bonds and notes; such decrease being partly offset by an
increase in interest on equipment trust certificates due to issuance of
55,638
11,857,604
will
Act
Administration of
Price
petition
railroads
The
repayment
3,497,448
160,297
3,346,099
supplies
Prepayments-——-
Other
prospecting and development.'
579,367
836,717
2,209,616
physical property
Miscellaneous
of
charges authorized
Freight
;
railway operations was partly offset by a
deductions from income.
The principal
(1942, $5,137,043, less post war credit
~*4axes
'
from sources other than
net decrease in miscellaneous
income fluctuations were a
decrease of $774,877 in the amount of credits to miscellaneous income
for charges against Pacific Fruit Express Co. for services rendered and
privileges granted to that company; a decrease of $120,000 in dividends
received from Pacific Fruit Express Co.; a net decrease of $130,631 In
dividends received from other companies; and an increase of $116,443
in
income
from miscellaneous
non-operating properties, principally
due to greater rentals and royalties from lands leased for oil and gas
„
$8.73
•
construction of $408,472 in
charged
taxes
$8.76 ;>
compared with 1941.
facilities,
1,400,000
1,400,000
1,550,000
$6.31
include
not
♦Does
1,750,000
-v
share
per
Labor
Railway
were
principally due to the larger number of freight cars of other com¬
panies moving over System Lines during the year, and the greater
amount of services performed for System Companies by certain joint
(par
-
Earned
the requests served on com¬
initial conferences
In the
Office
and are available for use in paying such taxes when due.
Rents—Net charges for equipment and joint facility rents increased,
available
income
yardmen served notices on the railroads requesting in¬
in the existing rates of pay, with a minimum increase
prescribed by the
these disputes.
acquired
Net
30%
day.
a
the brotherhoods representing engineers, firemen,
1943,
25,
and
of
have been declined, and it is expected that the further procedure
pany
1942,
because of the larger income,
amount
the
to
1942.
Jan.
trainmen,
creases
the
on
cancellation
amount
tax rate;
purposes,
518,151
Net income reserved
the
income
debt
of
Amortization
$14,768,960
1,787,500
669,812
21,
On
maintenance of
notice
FREIGHT
Federal
for tax
and the larger amount of pay¬
rolls, upon which Federal unemployment insurance and retirement
taxes are based.
'-'V: '
United States tax savings notes, in an amount approximately equal
for
fixed charges
May
1942,
25,
shop,
as
served
The
5.311,783
;——54,761.627
taxes
(pension)
miscellaneous
—
-
increase
The
available
Income
representatives of the non-operating employees,
way, clerical, and telegraph employees,
railroads of their desire for compulsory union
membership of all eligible employees, an increase of 20 cents an hour
in all existing basic wage rates, and a minimum hourly wage of 70
cents.
The requests were declined, and under the procedure prescribed
by the Railway Labor Act the disputes reached the National Mediation
Board.
Efforts of the Board to mediate the disputes were unsuc¬
cessful.
Under the established procedure, the disputes now may be
referred
to
the
Chairman of the Railway
Labor Panel created by
executive
order
issued by
the President of the United States on
Sept.
such
the outstanding capital
of
State, county and city taxes
Net
WAGES
from railway
Federal
410,559
9,772,275
months.
few
operations for 1942, and are equivalent to $20.37
stock of Southern Pacific Co.
The
accruals by classes of taxes are as follows:
Federal unemployment insurance taxes
j
$5,313,301
con¬
announced within the next
will be
plan
a
increase
share
a
that the court's approval or disap¬
It is expected
Commission's
the
the court by the Interstate Com¬
certified to
reorganization
of
the
for
in October,
Commission.
proval
of St. Louis Southwestern Ry., the
Eastern Judicial District of .Missouri,
1942, held hearings on objections to the
reorganization
of
Division,
of
merce
SOUTHWESTERN RAILWAY
LOUIS
Court
District
S.
plan
or
by an increase of only 11.03% in passenger train-miles.
Taxes—Railway tax accruals took 38.4 cents of each
revenue
expenses-
gen.
882,737
1,417,305
859,566
__
in
freight trains.
The
1,126,933
—
contract
U.
matter
the
In
1941.-■./■;
of
11,194.8 miles of routes operated at the end
1941.
ST.
.
was
trucking services provided by companies solely con¬
Southern Pacific Co. were in operation on 12,776 miles of
by
Eastern
59 new steam
locomotives
received from
the builders, and from 15 to 27 steam locomotives were in service under
lease from other railroads, during the year.
There were 31 steam
locomotives
and
30 diesel-electric
switchers on order at the close
of the year.
-'\
- •
...
"
■
The increase
of 45.60%
in the net ton-miles of revenue freight
carried was accompanied by increase of but 23.53%
in freight trainmiles.
This was the result of heavier loading of freight cars, and
an
increase in the average number of
loaded cars per train made
possible, mainly, by the lengthening of freight schedules and having
in service a larger number of heavy-duty locomotives than in
1941.
There was a decrease of 3.88%, however, in
the gross ton-miles of
freight moved per train hour, due to the decrease in the average speed
under
rec'd
license
,
of
On
There
Empl. sickness, accldent, death & other
Services
trolled
highways, compared with
-
in
of
Lines were adjusted to war-time conditions and further ex¬
during the year, including addition of routes to serve military
naval establishments and defense industries.
On Dec. 31, 1942,
and
v. v.:!
.
operations
freight
rail
with
over-the-highway
$171,010,718 of total operating expenses, an
34.56%.
The average number of employees
was
77,190, an increase of 9,767, or 14.49%,
Wage rate increases
were awarded
to employees in December, 1941, retroactive to Sept. 1,
1941, as the result of mediation under the Railway Labor Act, such
increases being effective throughout 1942.
There was a shortage of
man-power during the entire year, and a considerably larger amount
of overtime work was required of employees than in 1941.
Notwithstanding the shortage of man-power and scarcity of certain
materials, the tracks and structures were maintained in a state of
adequate repair, and a smaller number of locomotives and cars were
undergoing or awaiting repairs at the close of the year than at the end
of 1941;
-Vv::
'•«'
V'.
^
V
Approximately 429 track miles of new rail,
principally 132-lb.
and 132-lb. weight per yard,
and 286 track miles of reiayer rail of
various weights, were' laid in
repairs and renewals; compared with
352 track miles of new rail and 273 track miles of reiayer rail laid
602,628
depts.
and legal
Exec,
12,150,069
15,027,778
6,481,181
2,196,008
,
Operating revenues
GenT
—
expense—13,460,834
18,429,271
Depreciation
$75,986,497 $69,392,428
12,183,686
13,760,947
10,010,714
10,706,967
11,621,019
12,455,298
revenues_$102,614,835 $88,340,571
17,509,746
16,278,329
oper.
Current maintenance
Traffic
$76,304,644 $69,642,505
318,147
250,077
$102,971,816 $88,660,250
356,982
319,679
Total
Uncoil,
$48,991,420 $44,877,082
23,854,655 '*21,577,032
3,458,569
3,188,391
29,478,288
3,868,605
37,633,663
revenues-
1939
1940
:
$61,002,654 $55,313,357
revenues!:
Local service
1941
1942
i.
Calendar Years—••
Toll
Telegraph Co.—Report—
Beli Telephone &
Southern
SERVICE
TRUCK
coordinated
services
tended
operating expenses,. compared with
larger forces and greater quantities of
to handle the greatly increased
rolling equipment, tracks, and
subjected to greater use during 1942 than ever
$43,918,109,
of
net income of $520,906 for
System
comprised
rolls
Pay
expenses,
Mexico had a
of
MOTOR
before.
Co.—Dividends—
Sugar
South Porto Rico
.
which were
operating
RR.
an
truck
Motor
and supplies, required
traffic and maintain the
materials,
increase
share
:
increase
Expenses—The
Pacific
1942,
year
Commission, dated Dec. 18,
Texas,.,
structures,
T'
'
on various dates
1941, was principally due to the
volume
paid each quarter
year-end distribu¬
1942.—V. 156, p. 1245.
mission, of
revenue
improvement of $760,106 compared with the year
1941,
The net income for 1942 and 1941 each include charges of about
$619,000 for amortization of investment in property which is subject
eventually to reversion to the Mexican Government.
The improved
showing was due, chiefly, to greater operating revenues resulting from
better business conditions generally in Mexico.
"V.
petition filed by the carriers
following denial of the freight rates increases by the Railroad Com¬
This
in
increase
Southern
the
1942, rates on
18,
by the Interstate Commerce
decision was in response to
decision
of
fuel,
,
.
,
Regular dividends oi 25 cents per share have been
and including Dec. 14, 1940, and, in addition, a
since
sponding
interstate freight traffic were increased
for the period of the war and six months thereafter, as follows: an
increase of 3% on products of agriculture, livestock and products, and
low-grade products of mines, such as sand, gravel, and slag; increases
ranging from 3 cents to 5 cents a net ton on coal and coke; an
increase of 10% on all other commodities, except iron ore on which
no
increase was authorized; and an increase of 6% in certain accessorial ciiar^GS*
' ■'
■ ' ■ ■
•
:
''' *1'
'•*
*»■
■»' *1 ■"
Corresponding increases in intrastate freight rates, with certain
exceptions imposed by state regulatory bodies, were made effective
on various dates from March
18 to May 1, 1942, in ttye states served
by System Lines, except / Texas.
In Texas the rate increases, with
certain exceptions, will become effective March 1, 1943, as the result
1942.
Snider Packing
10, 1942, on interstate travel, and effective
10 to April 1, 1942, on intrastate travel.
On March
)
^
Feb.
from
t1ll914121q
•' '/■;
• ■
.
—
Feb.
tive
Co.—50-Cent Dividend—
has been declared on the common
stock, payaole March 15 to holders of record Feb. 25.
Distributions
during 1942 were as follows;
March 31 and June 30, 25 cents each;
Sept.. 30, 50 cents, and Dec. 14, $1.—V. 156,,p. 1958.:
Quarters Ended Dec.
profit
'—
freight carried increased 45.60%, com¬
ton-miles of revenue
with 1941.
The average revenue per net ton-mile was 1.036
cents, compared with 0.988 cents for 1941.
Revenue passenger-miles
increased 109.54% over 1941, and the average revenue per passenger
mile was 1.688 cents, compared with 1.545 cents for 1941.
Despite
many operating difficulties, the traffic was moved without widespread
congestion or prolonged delays.
)
*
•
1
■
\
Passenger fares, with certain exceptions, were increased 10%, effec¬
dividend of 50 cents per share
♦Net
and tires.
The net
This
projects.
Southern
(3)
pared
Lace
Scranton
Part of
Government
to
by greater maintenance and train forces
Pacific Land Co.—Net income
offset
diversion of steamships
diverted
travel
gasoline
increase was partly
and higher wage rates.
amounted to $783,656
for year
1942 as against $462,524 for year 1941.
The increase was
due largely to greater income from leases and sales of real estate.
Combined net income of separately operated solely controlled com¬
panies operating in the Republic of Mexico (excluding Southern Pacific
RR. of Mexico)
amounted to $266,440 for the year 1942 as compared
with $11,237 for preceding year.
This improvement was due to net
increase
in operating
revenues with only a relatively
small corre¬
materials
were - greatly increased due
from coastal and intercoastal
the increase in passenger revenues was due to civilian
from the highways, as a result of the rationing of
particularly,
goods,
canned
wartime
the
routes.
Victory loan, $25,000; accounts
bad
and
doubtful accounts of
A
and
lumber,
•
Monday, March 1, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
822
During the past year the Transportation System and separately oper
solely controlled affiliated companies operating in the Unite*
expended $39,586,000 (excluding non-cash items) for addition
ated
States
and
from
improvements
the
proceeds
to
their
several
properties,
of equipment obligations;
including
expended
$22 548 00'
$35,590,000'fo:
represented the payment
loans; and purchased $10,000,000 of United
addition to such notes purchased in respect
liability referred to elsewhere in this report.
retirement of
the
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4155
157
Southern Ry.—Resumes Common
of which $15,000,000
debt,
In full
of outstanding bank
States
Treasury
of
tax
The
Traffic Statistics for Calendar Years
1,298,200
(Southern Pacific Rail Lines)
1939
1940
1941
1942
12,857
13,005
13,043
16,883,652
4,279,102
10,257,461
2,042,181
9,226,054
1,622,877
Traffic:
Passenger
No. of rail pass,
carried
"■Rail pass. carr. 1 mile
Average rec. per passenger mile
-
.
freight
Aver,
revenue
Net
tons
1.545c
1.561c
63,281,037
48,331,657
45,233,295
24,314,856
12,528,216
15,393,288
-1.032c
740.11
;v;
699.00
1.036c
omitted.
000's
Income Account
.<
Federal
>■>
Mail
All
Calendar
Net
and
\
revs.—
.
S
Maint.
of
Traffic
equipment
-
—
——
Transportation
All
other
—
exps.—
oper.
14,450,566
2,439,548
114,508,329
2,299,070
2,306,403
9,862,083
4,888,224
Dr75,043
income
4,941,795
93,800,699
Total
17,858,045
12,339,664
14,934,473
57,437,301
32,465,859
19,234,801
3,128,890
17,915,324
4,896,211
890,163
784,859
3,488,336
3,923,018.
4,111,352
14,426,988
3,892,500
3,892,500
15,570,000
16,105,911
15,570,000
30,518
218,852
1,143,012
535,911
_
——
Balance
income
—
109,651,409
deductions,
included
in
1941
settlement
of
is
approximately.$125,000 to be refunded in 1943 in
tFor the three-months and twelve-months
rate
case.
of 10%
respectively.
The amount of this
has been., used currently through
ending Dec. 31, 1942, the
-amounted.to $279,820 and $755,546,
8,073,088
for
credit
the
retirement
respective
which
profits
excess
periods
credit
tax
debt.
of
Note—Certain
to
items have
retroactive
applicable.—V.
157, p.
been
to the periods
distributed
735.
Spencer Shoe Corp.—Sales Lower—
The
ending
Jan. 30,
1942, and for the nine weeks ending Jan. 30,
corresponding period of 1942.—V. 157, p. 350.
9,260,666
••
'
•?' "T.,-•'* ;-'vV*
37,689,077
40,538,947
1,360,644
65,436,759
1,170,443
655,012
i
•
•%
V*"'.v
'V
•*
9 Mos. End. Dec. 31—
1,547,211
--v,
••>. f:
fixed
<
Rent
and
Int.
A'..
' V\ \
•'
7
55,935
funded debt—
1940
1941
.
58,101
34,185
31,065
28,914,753
29,108,263
29,211,572
Income
*$122,531
24,534
27,264
*$125,239
25,824
$95,372
$95,267
$97,014
86,638
78,£|31
tax.
inc.
bal.
2,400
*
——_
$65,078"
of
March
at
cap.
31-1
stk.
tax
155,258
:
charges-
849
prior years
767
719,395
763,887
—
32,841
V
> 89,828
v
4,063
.r_—
362
'
'
Pacific
A
Vr''
>
•
.
m.
9,315,610
S
34,758,578
...
6,134,574
'".j
'■'
"v
'•••:
.
.\1-
"■-■-
f
•■:
>
bal.
'/and $1,136 in
Dr5,418,609
Oper. in Mexico, net— ~$Cr266,440 - ■ JCrll,23.7
> Dr81,740
Drl21,588
"Cons. adj. int. on bds.
——
Cr2,499,123 Cr2,553,783 Cr2,534,065
85,441,394
34,573,667
share on
stock
1
$22.64
7,146,347"
$9.16
«
Earnings• per
capital
*Of separately
'
*
solely controlled affiliated
Consolidated Balance Sheet,
•
-
.
>$1.89
subsidiaries
prop.
__
stock
the
As
acq.
$
■■■'
27,107,399
27,707,115
607,249
273,434,281
5,376,598
24,136,448
15,908,068
269,666,618
14,286,753
Cash
Crl,405,342
—
Crl,363,261
50,210,851
—
33,922,138
Temp, cash invest..
26,090,302
assets-
74,755,934
2,051,665
27,075,256
Mat,
and
Other
curr.
assets
Deferred
Other
unadj. debits
Total
—-
Liabilities—
,
on
383,582,551
Funded
tures
affil.
in
"
affil.
.
708,779,489
705,094,840
affil.
Loans
payable
Inter,
> 744,000
——
12,130,439
33,192,055
accr.
liabil.
HConsol.. adj.
&
_—
balance—
L.,
Total
——
tOn
road
To
5,700,401
•
15,941,658
14,765,806
p.
645.
.
declared
18
the
$5
holders
for the
157,
its
5,839,639
of
on
5,798,929
incidental
1,677^09
2,525,851
1,024,373
40,149,466
23,812,006
69,376,367
10,313,933
324,672,639
20,000,290
68,237,307
10.081,365
17,462,599
67,826,364
303,945,435
300,393,595
391,406,758
-
9,767,596
1,727,162,974 1,586,742,527 1,560,876,879 1,546,605,848
investment
in
securities
and
of
cents
25
share
per
a
dividend of $1.25 per share on
cumulative
of
record
preferred stock,
March
no
like
A
10.
Hanover
York,
stock
common
Light
securities
stock.
common
Northwestern
and
for
the
to
The
Mutual
bonds
Life
American
Power
will
prepayment
of,
and
and
the
Power
and
of
Light.
proceeds
and
1,000
deben¬
Co,
Insurance
the
use
account indebtedness, the
accrued dividends, plus
open
accrued
the
from
interest on,
payment
of
the
redemption
and
shares
of
its
In
connection
Power
would
these
with
issue
operations,
bonds
new
$794,000
sents
all
form of
of
which
that
and
Superior .Water,
debentures
and
Light
retire
all
and
of
its
American
would
contribute
to
Northern
repre¬
subsidiary's
outstanding indebtedness.
It is in
obligation held by American.—V. 157, p. 174.
demand
a
the
.(James) Talcott, Inc.^—Dividends—
The directors
on Feb.
17 declared a regular
quarterly cash dividend
10 cents per share on the common
stock, par $9, and the usual
quarterly cash dividend of 68% cents per share on the 5ya% partici¬
pating preference stock, par $50, both payable April 1 to holders of
of
March 15.
>
.■
Quarterly payments of 10 cents per share were made on the common
on April 1, July
I, Oct.' 1 and Dec. 26, last year, and, in addi¬
tion, an extra of 10 cents was paid on the latter date.—V. 156, p, 1871.
stock
Taylorcraft Aviation Corp.—Accumulated Dividend—
The
directors
of
646.
have
declared
accumulations
stock,
Tacony-Palmyra
dend—Smaller
directors
share
class
and
June
value
par
15,
account
value,
was
1943.—
1,
(Ont»), Canada—
share
per
convertible
March
time.
157,
the
on
of
also
declared
5%
record
Texas
Pacific
&
were
30,
the
preferred
March
Equipment
rentals
Common
17.—V.
taken
was
the
on
no
on
a
value
par
follows:
as
March
31,
common
common
50
usual
stock,
157,
dividend
quarterly
payable
$100,
par
of
$1.25
May
1
to
351.
p.
Ry.- -Earnings1943
1942
$5,231,270
$3,111,408
2,942,886
2,169,970
283,450
133,345
1,548,895
58,285
(net).—.
4,864
$676,340
income
Cr8,27^
1
$532,915
50,682
deductions
>
:
39,976
'
$727,022
Miscellaneous
cents,
25 cents each.
(net)
facility rentals
Divi¬
A
action
no
Distributions
stocks
directors
other
on
pre¬
15.—V.
quarterly dividend of 20 cents
stock, payable March 31 to
a
class
Month of January—
Operating revenues
Operating expenses
Railway tax accruals
Joint
cents
record
Co.—Omits
but
during 1942
30, Sept. 30 and Dec.
share
per
75
cumulative
of
Payment—
declared
16
March
that
A
Feb.
no
record
at
and
Bridge
Class A
on
the
on
of
The
of
50-cent
to holders
1
'
■
The
dividend
a
the
on
payable April
par
amount
has
acquired
now
the
properties
District
the
in
of
The agreement, if authorized,
Sudbury Basin and Ventures
■
•
liabilities
over
assets
•
■
Sudbury Easin,
will
that each
receive
mean,
$572,891
3,665
6,293
$720,729
Fixed
317,379
$569,226
319,809
$403,350
$249,417
charges
Net
-V.
of
distribution of
the
on
shareholder
share
one
of
that
Ontario
income
157, p. 479.
is
a
Ltd.,
above
the
mentioned
$1,557,167
$1,337,489
$10,260,845
$8,916,222
cannot,
Total
oper.
expenses..—
1,102,240
1,017,451
7,458,738
6,893,i75
Total
taxes
186,703
168,789
1,278,024
1,111,159
$268?223
$151,249
$1,524,082
$911,888
income.
18,331
19,002
127,646
income-
$286,554
$170,251
$1,651,728
$1,046,850
198.495
243,801
1,412,263
1,662,848
shares
be
made
to
share¬
the
called
for
redemption
Bank
&
N; Y.—V." 157,
Trust
p.
Total
of
157,
A
dividend
stock,
par
of
10
Distributions
April i, next,
gross
deductions
during
payable March 31
1942
were
as
declared
to holders
follows;.
March
156, p.
on
income
and
31,
25
common
March
cents,
1.
and
1871.
70 Broadway,
The directors
have
voted
a
quarterly dividend of 30 cents
($1
payable April 1 to stockholders of record March 15.
distribution
p.
2230.
since
Dec.
1,
1926,
when
50
cents
share,
This is the first
was
paid.—V.
156,
'"|l"
'
$88,059
—-
:-■■--.;
registration
par)
$239,465
% *$73,550
>■'•'■"■
*$615,998
-/>,;/ >.••>>• V
-,-■■
>
■'
with
filed
for
Feb.
issue
an
13
with
of
the
J.
1943,
G.
company
entered
White &
Co., Inc.,
102,000
SEC
which
will
204,000
three
shares
of
be
tration
at
shares
of $1
common
offered
a
be
pro
price
500,000
will be
par
rata to
to
proceeds from
issued
common
without
underwriters shares
shares
into
underwriting
provides among
an
which
par
to
present
The
stockholders
subscribed
so
other
that its
stock, par $1, of
stockholders on basis
the
of
68,000 outstanding^
shares registered"
102,000
after
effective
date of regis¬
Company will sell to
stockholders.
amendment.
for
by
sale of the shares will be
pany's working capital.
cor¬
agree¬
common
for each
value.
be fixed by
not
of
shares
by the
.
thaty it will amend its certificate of incorporation
capitalization
Net
J.—Registers With SEC—
(2-5093)
stock was
manufacturer of synthetic rubber.
3,
things
statement
common
Feb.
will
per
.1
(ry.
—
■'■;
Thiokol Corp., Trenton, N.
A
of
Superior Steel Corp.—Resumes Dividend—
total
3'%%
34,962
Note—The above figures include an estimated amount for income tax
and excess profits tax.—V. 157, p. 479.
shares
a
3
net
loss
or
bus)
'Loss.
ment
the
record
of
—
combined
On
Co.—15-Cent Dividend—
cents per share has been
15
cents,
v
1
Total
not
Sunshine Mining
eliminated.—V.
Co., corporate trustee,
735.
>"'"■'
Total
poration,
'
as
Total non-oper.
winding up, dissolution and surrender of the charter
and the agreement on the part of Ventures that it
participate in the distribution of the assets of Sudbury Basin
among is shareholders.
Arrangements have been made with Toronto Share Transfer Co., Ltd.,
transfer agents, to issue certificates for any fractional parts of shares
of Ventures to which shareholders of Sudbury Basin .may be entitled.
On the agreement being consummated it
is the intention of the
directors of Sudbury Basin to apply in due course for an order accept¬
ing the surrender of its charter.—V, 154, p. 1417.
will
income
oper.
the agreement
part of Ventures to pay all costs, charges and expenses of and
to
Total
the consideration for
assumption of the debts of Sudbury Basin by Ventures;
the
—
Ontario
of
'.•> >>>•:>>;,
to
•,>'•■.
-v
1943—7 Mos.—1942
revenue—
the
distribution
1943—Month—1942
shares, hor does it
own
(other than Ventures)
Corp.—Earnings of System—
(Railway and Bus Operations)
..
oper.
announcement said.
Sudbury Basin
....
Period End. Jan. 31—
Total
substantia! shareholder of Sudbury Basin it
an
Third Avenue Transit
company
Pyrites Co.,
advances.
$108,000 of first mortgage pipe line sinking fund bonds,
1956, at 102% and interest.
Payment will be made at the
New
to
a minimum of $5
a
share,
presently outstanding $100 par 7%
preferred
stock held by the public, and the payment to American
Light and
Power of $172,926, representing the cost to American of the
1,663
shares of Superior's 7% preferred stock now held
by American.
\
of Sudbury Basin
7,410,059
series due
Central
the
sinking fund debentures due 1958,
value
Water,
par
the
on
dividend
dividend
a
Sept. 30 and Dec. 23, 15 cents each.—V.
of
and
the
holders
purchase
329,482
5,037,882
.,69,375,786
10,428,217
of
4,338,306
6,667,458
>/■
been
,
presently outstanding $1,600,000 notes held by Guaranty Trust Co.
York; the payment of principal and accrued interest oiw
price of
735.
p.
Southern Natural Gas Co.—Bonds Called—
There have
,
.
Ventures)
enable
1,076,016
1,0*52*040
intercompany
,
10.3%.—V.
participate in any distribution of its
to participate in any distribution of
4,266,216
equipment and miscellaneous physical property.
of
kwh.
159,624,000
under the agreement will be the delivery to Sudbury
Basin company of 213,465 shares in the capital stock of Ventures; the
§On leased property and investment in property subject to revision.
jlExcess
on
and
of
Co.,
holders
4,660,225
decline
for
tReserved
propose
10,837,179
6,106,942
cred.
Approp. surplus—-
■
18,000,000
22,036,104
2,288,007
4,254,434
61,367,128
■
Deferred liabilities.
unadj.
with
increase of
agreement is authorized it will
than
such,
the
4,034,201
5,639,803
tax
the
11,389,338
10,167,473
3,531,135
inter,
an
646.
over
assets
20,000,000
———
Other curr. liabs...
p.
Pyrites
1—
Other
296,000
286,000
wages
Accrued
Feb.
to
1
As Ventures
as
pay.
Jan,
sold
Superior
p.
Ltd., for each share held by, him in Sudbury Basin and one share of
Venture's for every three shares held by him in Sudbury Basin.
553-,000
485,000
700,000
debt to
Unmat.
P.
the
.
mat. .unpaid
pay.
April
take
If
5,000
4,073,000
contr.
&
par
be
Milwaukee
utility
compared
as
year,
directors have declared
(other
cos.
Accounts
kwh.,
public
Co., Ltd., including the Errington Mine.
will consummate the almagamation of
held
bills
&
"
.
companies.
cos. —
Non-negot.
Int.
704,096,026
5,142,000
solely
•.
-
Sudbury formerly known as the "Vermilion Lake Property" of Sudbury
company and the property formerly owned by Treadwell Yukon
3,681,565
sinking fund:
transp. syst.
By
a
Basin
.4,559,532
contr.
By
>?••:•■ companies
•
to
4,561,621
cos.
debt
$100
will
account
common
157,
6,304,845
677,851,750
solely
by
377,277,706
held
debt
Co.,
Superior
by these
part of the
SEC
its total deficit
shares of
156,
special 'general meeting of shareholders will be held on March 2,
1943, for the purpose of considering a proposed agreement to be
entered into between Sudbury Basin Mines, Ltd., and Ventures, Ltd.,
under the terms of which Ventures will purchase the entire assets of
Sudbiiry Basin with the exception of 640,395 shares in the capital
stock of Ontario Pyrites Co., Ltd.
This latter company was formed
held
debt
Funded
383,582,551
15,813,285
by public
Funded
383,582,351
Light
the
into
the
system.
A
of
aid
total,
$1,916,870;
total,. $2,025,155.—V.
Sudbury Basin Mines, Ltd., Toronto
8,425,639
—
construction
of
$109,237;
'
the
Proposed Sale—
held
stock
cap.
in
Grants
17,438,893
1,501,373
13,611,755
and
>
Co,
with
exchange for 5,000 shares of the $100 par value common of Superior.
Following the merger, Superior Water, Light and Power will issue
$2,500,000 of first mortgage bonds 3%% series due 1973, $1,000,000
accrued taxes, $2,609; capital
paid-in surplus, $1,767,457; un¬
13,986,012
1,727,162,974 1,586,742,527 1,560,876,879 1,546,605,848
by public ——'
Prem.
balance
income,
'
of
on
accumulations
V.
1,001,754
9,142,322
Power
16
,
$7,126;
paid each quarter from April 1, 1942, to and including Jan.
27,213,574
14,275,953
1,032,376
Power
Feb.
record
re-
(de¬
cost
average
23.
The
Crl,419,790
19,435,108
19,730,696
33,078,579
output
directors
payable
,
stock
Capital
of
176,076,000
the
of
50,530,000
supplies-
Crl,468,G07
32,745,698
American
Share Co.
.■
■> ;> >>>
filed
was
Strawbridge & Clothier, Phila.—Preferred Dividend—
§Res. for amort, of
improvement
V
■
35,000
$56,040
initial
eliminate
holders
_Crl65,725,228Crl50,218,746Crl55,050,451Crl51,983,755
depreciation
,,
dividends
$101,385;
stock, par $5, payable March 1 to holders of record
Payments during 1942 were as follows:
March 2 and June 1,
50 cents each, and Sept. l' and Dec. 1, 25 cents each.—V. 156, p. 1871.
accrued
for
JRes.
>•;■:•''
>'/:
:;
.
deposits),
Standard Stoker Co., Inc.—25-Cent Dividend—
Feb.
9,595,548
272,941,186
35,000
$124,924
'
—
in earned surplus as of Dec.
31, 1942, by a
charge to capital surplus created in the first two steps.
American Power and Light, as
the owner of all the issued. and
outstanding stock of Northern Power, consisting of 250 shares of $100
par value common stock, except three shares owned
by directors, will
transfer
to
Superior Water, Light and Power all of the stock in
per
498,750
on
1,703,169
271,129,960
period—
>;V>>
payable,
$138,726;
balance
assess¬
Sheet, Dec. 31, 1942
(demand
•
corresponding week last
surplus—Crl37,466,737Crl37,864,444Crl49,513,477Crl50,000,000
tApprop.
>>>
Balance
,
totaled
The
investments
Other
$566 in .1940
operating companies in the
Standard Gas & Electric Co. system for the week ended Feb. 20, 1943,
26,095,239
714,691
26,318,404
776,407
cos——
$74,142
$92,318
Standard Gas & Electric Co.—Weekly Output—
1,485,210,266 1,459,078,012 1,464,423,485 1,470,896,543
eqp.
par),
Electric
$
■/:■■
the
.
ferred
tr.
Affiliated
($1
2046.
p.
1939
1940
1941
for
step in the Involved plan, American Power and Light
will make
a
gratuitous contribution of $794,000 to the capital of
Northern Power Co. to be credited to
capital surplus as of Dec. 31,
1942.
>■
4
Northern Power, just
prior to the merger, will by appropriations
from; surplus increase its depreciation reserve to
$148,867, and will
v
.
$106,538
amounting-to $3,431 in 1941,
>>
distributed
for
of eqp. trust
with
Dep.
•
$109,237
=
banks
in
Liabilities—Accounts
«':■'.■
•.'•;■$
of
Electric Bond and
18,913
;
^Additional New York State franchise tax
1939.
$2,025,155.
$0.83
Dec. 31 (Southern Pacific Lines)
1942
phys. prop-
$718
■
companies.
Assets—
Transport,
82,886
ceivable, $6,900; marketable .securities owned, at
posited
for
safekeeping
with
bank-depositary),
3,128,443
tExcluding Southern Pacific RR. Co. of Mexico.
Misc.
89,232
■
dividends
~3
operated solely controlled affiliated companies owned
Sinking funds
78,662
ment for prior years.
by Southern Pacific Co. not included in the income of Southern Pacific
Transportation System shown above.
tOf Southern Pacific Transportation System and all separately oper¬
ated
$175,945
inc.
of
Assets—Cash
income—
tax___
inc.
*Includes other
Oper. in U. S., net— Cr4,892,098 Dr2,695,271 Dr4,641,304
net
$182,267
56,032
J 'at end of period—
v
controlled affil. cos.:
tCons.
83,402
$91,040
plan for the merger of the Northern
The
$185,200
made
Fed.
Undist.
80,282,856
solely
91,804
$159,924
——.
'
Lines
oper.
deducts.
notes, demand obligations and preferred stock.
.:
$165,269
<■
—
Distributions
-
,
Total
;;. ■
Net income of South.
„
Separately
1,750
$12,599
86
.
96,129
for
'
922
998
debt-
Addit'l
;
$251,728
Water, Light and Power Co.
'
Contingent
458
$14,349
Merger Proposed to SEC—
'
Fed.
533,963
debt—
unfunded
on
$174,442
273
$66,013
etc.,
$1,636,000
1939
.
$119,906
16,597
for the period
inc.
Undistributed
debt—
funded
on
non-negotiable
Int.
42,765
$174,356
of ■■•■■New
$81,675
expenses
Fed.
for
Net
28,468,510
equipment
on
Int.
Prov.
roads
leased
78,853
129,678
.
,
44,291'
,
$75,190
9,177
'Preliminary figures.-'■:
sale
V '"■•
'
below the
2.66%
1943,
36,141,866
39,178,303
64,266,316
108,996,398
charges..
for
1942
cash dividends.
Income,
for
available
130,972
3,568
$252,766
Drl,038
-
_—i-
principal amount of 4%
;
reports sales in its retail stores for the five weeks
1943, 9.55% below those for the same five weeks of
corporation
■Operating
Income
$13,891
$1,132,988
707,336
$1,229,943.
■
'Includes approximately $30,000 in 1942 and $33,000 in 1941 subject
refund in whole or in part in event of adverse rate decisions. Also
to
28,428,410
7,999,458
income
misc,
11,006
$74,917
i.
two
Dividends
58,131,266
18,092,562
11,610,295
62,663,568
21,428,925
£>r418,219
Spencer Trask Fund, Inc.—Earnings—
Total
78,167
income
Balance
19,633,198
Dr398,397
18,333,543
Dr45,584
4,813,181
—
income A——
Net
472,748,816 297,786,326 231,932,279 217,572,889
39,870,845 • 30,163,659
24,508,748 22,151,817
67,983,958
48,006,780
38,936,085 37,2.94,441
6,818,923
6,288,071
6,151,354
6,391,502
136,997,561 105,141,576
87,125,990 80,989,716
20,951,386
14,385,540
12,546,533
12,614,147
income- 102,501,810
7,149,600
oper.
ry.
other
Total
723,747
4,829
revs.
Income
Interest,
10,352,254
9,631,925
and
Co.
• • ,1940
1939 '
$ ..?■
$ ■
189,213,149 172,715,307
31,596,317 24,480,122 25,968,313
8,975,031 , , 7,923,113
7,763,983
12,773,980 10,315,895 11,125,285
Net rev. fr. ry. oper. 200,126,142
Railway tax accruals— - 76,844,995
Eq. & jt. fac. rents, net
20,779,337
Net
67,045
Cr29,182
7,813
5,319
—^
Gross'income
Net
credit)
tax
Interest deductions
Pacific
27,958,395*119,624,831*107,672,325
18,270,649
76,920,876
68,054,948
periods
Total ry. oper. revs.Maint. of way & struct.
$100,339
excess
,'V" Total
1941
$
72,235,106
13,714,488
19,874,965
express
oper.
*1942—12 Mos.—1941
$130,447
71,580
taxes
operating
Other
1942—12 Mos.—1941
*1942—Month—1941
revenues...
expenses-
taxes
Net
JjJ
31,906,745
20,268,885
—
operating income
income, net—„
Other
Years
(Southern
System
1942
$
>
'
other
1942—3 Mos.—1941
'
profits
Freight —: 366,924,259 244,440,998
Passenger
Other
Telephone Co.—Earnings—
Other taxes
Transportation System Cos., consolidated) and separately operated solely
controlled affil. cos. (excl. South. Pac. RR. of Mexico in 1942 and 1941)
Operating income:
Federal
profits &
inc. taxes (less excess
•.
820.72
for
Transportation
Pacific
Southern
.988c
■v
955.86
■;>">
-
'Three
Operating
Operating
1.079c
all
freight
Superior Water, Light & Power Co.—Earnings—
Period End. Dec. 31—
Depreciation
mile
train,
per
'
,
35,401,885
——
ton per
freight
per
Dividend—
a
stock,
735.
p.
Operating revenues
Operating expenses
carried 1 mile, all
'Tons
declared
23
common
Period End. Dec. 31—
1.577c
85,709,225
freight-
rev.
of
823
"
'
1.688c
.
carr.
Feb.
on
shares
Southwestern Bell
Freight Traffic:
Tons
157,
9,662,197
1,543,950
V.
13,069
Average miles of road-
directors
dividend of $2 per share on the
Without par value, out of the
surplus of net profits of the company for the fiscal year ended Dec. 31,
1942, payable April 1, 1943, to stockholders of record March 8, 1943,
The previous payment was one of 35 cents per share on Aug. 1, 1931.—<■
notes, in
1
Volume
used
to
increase
•
com¬
-
Tide
Oil
Associated
Water
Co.
B.
I.
prior
to
Mr. Chase,
of the
in New York City,
—V.
157,
559.
p.
Depletion and deprec.~«
Interest, etc.
Net
dividend
A
of
cents
50
•
:
the common
share has been declared on
per
" Dis¬
and
payable March 10 to holders bf record March 5. "
1942 were as follows:
March 10, June 10
Sept. 10, 50 cents each, and Dec. 10, 75 cents.—V. 156, p. 1958.
stock,
$1,
par
during
tributions
Md.
Triumph Explosives, Inc., Elkton,
drawn—Directors Elected—
Suit With¬
—
said:
adjourned
Pepper
but
was
issued
drawn
;
,
f
.
"I
Oct.
on
"A
it
13,
elected
was
15 in cooperation with the Navy.
in October the net sales of the company
the
on
have
take-over
in
substantial
$14,000,000—-a
of
excess
improvement
comparable period in the company's history,
"The
directors elected
in October and the new
over
<
any
management are
satisfactory to the Navy,
and if confirmed by the stockholders :tt
this meeting I am advised that the Navy will return the company to
full private operation in the near future.
/--V'
"Mr. Pepper said that he had hoped at this time to be able to give a
financial report of the Triumph Explosives, Inc., based on the audit
of its affairs for the fiscal year ended July 31, 1942.
But, due to the/
condition of the company's records prior to the take-over, this audit'
is not yet available."
'
■'■/'' ' ' '
following directors were unanimously elected:
Benj. F. Pepper
and W. T. Kilborn, W. H. Rommel, R. B. Tucker,
report
The
of
Philadelphia,
H.
Templeton
John H.
Smith, Charles W.
all of Pittsburgh.-
Lucas,
Robert
Bennett,
and
Ferguson
D.
/>,,
Feb.
announced
General Biddle
nine
conspiracy involving
indictments
The
by
voted
were
at Elkton, Md.
Federal grand
a
at Baltimore,
jury
producer of war material, has been operated
13 upon orders of President Roose¬
by the Navy's renegotiation section
which led to bribery charges against six persons.—V. 157, p. 479.
The
Triumph plant,
as
result
a
of
a
pre-audit
a
issues
and
taxes
income
State
increased
$817,573.
The
taxes
on
increased $26,018.
declared and paid on the shares
of the preferred stock during the year.
On Dec. 31, 1942, dividends
on the preferred stock were in arrears in the amount of $49 per share.
personal
real
property and
dividends
Two
of
estate
each
$3.50
Consolidated
Statement
Income
for
Calendar
operating
expenses—
"Taxes
1
revenue
$3,732,822
1,847,083
assignable to operations
-
945,085
income
Non-operating
$1,885,739
$1,114,916
20,313
15,245
$1,906,052
$1,130,161
--835,015
892,859
income
Deductions
from
gross
income
income
Preferred
$1,071,037
dividends
"Including in
1941
in
Federal
210,000
and
surtaxes
_
and surtaxes of $842,132 and in
tDepreciation included
Federal income
1942
income
operating
$237,302
\
of
$108,928.
1942, $1,192,290, and 1941, $1,147,699.
VT...
Note—No provision Is required for excess profits taxes on the basis
of computation of the credit for invested capital, which is
subject to
review by the Bureau of Internal Revenue;T,■/'
Dec.
Sheet,
.
1
a line of 516
Manitoba, Saskatchewan, Alberta and British
with warehouse
facilities for handling flour
1942
,,
and
equipment———^—
Deposit with trustee for
Miscellaneous
1,027
div. notes-!
sec.
1941
$57,192,991 $56,493,433
-
:
Columbia,
and
together
coal,
'.x"
8,300
5,681
physical property
9,300
5,681
Other investments
-
1,279,116
383,586
Cash
-
1,332,215
2,131,738
U. 8.
Treasury tax notes
595,600
Loans and notes receivable—,—
Interest receivable
Miscellaneous
accounts
receivable————,
525
were
4
Years Ended Aug. 31—
less returns,
Gross sales,
'
'' 1942 '
.aHowances;,--*:4';.;;/:v.^
sales
of
•
1941
,
r
—
$3,314,347
2,623,377
"
exps.—
$690,970
303,857
$2,137,811
- 466,144
—.
profit from sales
and administrative
*
.
1940
f
249,517
186"
$1,671,853 !
,
income
Gross
1,697
$388,810
—,
on
excess
i
income
Net
L
paid: 'C,
stock
Common
Class
B
♦Due
to
injuries and damages reserve fund
;
———————
-
Note
that
—
Discount and expense on funded debt
301,545.'
;/51,000 '
inventories
inactive
cost of
at
:;
$1.10
or
Jan.
15,
income
net
a
71,500
* •
•
Net.tel.
,
was
Net
.
39,036
740,319
State
283,527
61,367
139,966
accrued
605,536
852;
income
surplus,
payable (bank), $225,000; accounts payable,/$103,income and excess profits, $238,629; accrued
$5,938;
other accrued taxes, $57,462; sundry
$44,851; common stock ($1 par),. $170,000; capital
earned surplus, $799,839; total,
$893,980;
12,824,206
1,464,604
4,439,709
16,383,877
566,070
;7,029,435
14,263,915
6,897,6.75
25,775 •
;■ /•
-1 ;'v 1,082,515
1,286,966.
1559,000
7.366.240
4,506,000
.9,354.442
Income—- ...; 508,000
on
'3,183,000
tax- and
suftax
the
under
Act
Revenue
1942.
of
profits tax is indicated.:—V. 157, p. 648.
excess
normal
liability
No
'
Wheeling Steel Corp.—25-Cent Common Pividend—
The
the
V.
-
stock,
March
"and June
5
dividend; of 25 cents per. share on
payable March 24, to: holders Vof
during 1942 were as follows; March 16
15, 50 cents each; and Sept. 15 and Dec.. 23,. 25 cents each.—
declared 'a
'directors, have
common
■record
156,
:
,2048.
p.
Wickwire
,;
:
Spencer Steel
sidiary Named—
r
value,
par
no
Payments
8.
,,
r-.
•
'
• ■.
.
;
. -
.
..
Co.-^Manager of New Sub-
;v-
,
y>'E.G. Bowers, President of Wickwire Spencer Aviation Corp., a new
subsidiary
and
manufacturers
announces
$2,-539,551.—v.; 156,
'
1159.
p.
14,919,273
..
,
taxes,
liabilities,
7,573,492
1,827.261
"
1,853,036
190,701
1,723,031
inc., /:>: 640,516
gross
income
income
for
Federal
accrued
\
1,532,330"!"
396,691
1,083,351
474.552
11,157,165
' 35,789
'
Note—Federa) taxes on income for 1942 comprise estimated
„
instead of $142,613, or 84 cents a share,
Revision of Federal tax liability was respon¬
V :.
; •-Balance Sheet, Aug. 31, 1942
/, .f "L;
-"f-'yj'
from
taxes
.•Fed.
,
,
$
26,550,990 ' 20,794,389
2,946,401
!
38.0^3
1,006,289
'
—___-.lv
income
Gross
about
■
■■'/.'V1*-;
2,576,712
'
revs:ik_
assignable to oper.'
Deduct,
Assets—Cash, $236,380; accounts receivable'(less reserve for doubtful
receivables
of
$1,734),
$282,803; inventories,
$620,963; investment
(U. S. of America Defense Bonds series G), $50,000; inventories,
$103,918; real estate, plants and equipment (less reserves for depre¬
ciation of $610,658), $1,192,308; patents
(less reserves-for amortiza¬
tion, $7,693), $12,762; deferred charges, $40,418; total, $2,539,551.*
Liabilities—Note
v
1942—12 Mos.- -1941
.
*"•,$)
oper.':;.:-'"'.'
cable
&
Nonoperating income
v
share,
,
1942—Month—1941
1942—Month-
Operating income
,
——L_;
been-yinformed
charges
on
;
revs.
revenues
$286,090 l'1,
"V
,,,
had
1943, stockholders
taxes and other
after
issue
this
on.
,12,697,854
11,929,567 132,084,038 114,083,764
cable oper. exps."10,121,142 '
8,983,166 105,533,048 '93,289,375
cable oper.
&
Uncollect, -oper.
material and
-
about
On
revised
previously reported.
sible for change.
2,427
89,483
of
disbursed
was
$
Tel.
^
405
valuation
amount
1 and Oct. 1, 25 cents each.—V. 157, p. 264.
Union Telegraph Co., Inc.—Earnings-
Western
~14"083; f
$759,951
$142,613:
par
like
A
Period End. Dec. 31—
/165"502
13,116
stock
direct labor.
66,038
/
assets
:
,
Cash dividends
15.'
and April 1, July
Tel. &
,
'
1 v.
Co.—15-Cent Dividend—
Payments during 1942 were asvfollows; Jan. 2. 50 cents;
Jan, 2, last.
v
•
'
6,009
March
record
169
490,000
123,000
profits tax——
tax-————
income
400~660.
85,000
tax
income
Federal
State
*31,841
York, is listed as the principal
offering price will be 83% of
.
declared a dividend of 15 cents per share
value, payable April .1 to holders of
T. / The directors on Feb.: 16
011
the common
stock, no
$491,034
4,944
20,415'
8,181
disposal of fixed assets——
•Reduction of inventories
Loss
r;-
,
605
347
.
New
maximum
bonds.-
$490,865'
$387,113 '$1,671,668^"(
frdm operations—1_J—
income
the
of
West Virginia Piiljp & Paper
$740,381
'
proposed
The
-
: 1,516,097
.
Co., Inc., of
Herrick &
amount
face
the
.
Profit
'
,
underwriter.
?
$2,256,478
$5,788,920
3*651,108
and discounts
Cost
175t
p.
corporation
covering
Barrett
Co.—Earnings—
United Specialties
4
157,
filed with the "SEC Feb. 20 a registration statement
the proposed public offering of $493,000 ol collateral trust 5% 10-year: sinking. fund bonds."
1 . v "
Estimated proceeds from the sale of the bonds, after deducting
Underwriting commissions and expenses, " will be $345,100.
The'corporatiort has outstanding $493,000 of collateral trust 6% sinking fund
bonds, all of which are held; by United Gas Improvement Co.,' which
has
granted Welsbach' an option to purchase them on or before
May 15, 1943, for $345,100, plus interest from Jan. l, 1943.
Proceeds
will, therefore, be applied to exercising this opinion,
>
liquid assets, and the balance of $5,485,000 represented net
value of physical properties.
\
'
'
,
'
:
'
' ' M
The company's net earnings for the year ended July 31, 1942, before
deducting reserve for depreciation and income and excess profits taxes,
amounted to $1,519,000, compared with maximum interest charges on
the new issue of $108,500.—V. 156, p. 2142.
"
'v
764,290
-
-re¬ ti'.
622,518
$1,291,1^61
;:v:'•.]]1
SEG—'^;1
The
the. end of the company's latest fiscal year, net
$7,596,000, of which $2,111,000 was represented
July 31, 1942,
valued at
of
495,544
Material and supplies
Deferred
1,774
6,193
tut
——
622,518
t
(2-5099)
/
net
by
,
1,027
:
$1,913,679
Engineering & Management Corp.—Registers
Welsbach
With
country elevators through
$187,000,
31.
Deposits in lieu of mortgaged property sold—
'919,582
$316,085- *$2,389,459
for "the period
pfd. "stock
"Preliminary figures.—V.
;
Canada, with
recently acquired by United.
:
The company is one of the largest -of its kind in
terminal facilities in Port Arthur and Vancouver, and
as
Assets—
Road
Balance
866, 367
$1,766,941
appllc.;; to
Dividends
proceeds of the new issue will be used to redeem, the outstanding
and 5J/2 % bonds, amounting to approximately $2,500,000,
and the balance to pay in part for physical assets of Gillespie Grain
expenses,
Consolidated
$2,833,261
826
$3,255,
65,383
$332,210
income
•Tax.
Net
"
$381,468
The
Federal
income'
Gross
Net
->■
/
79,592
etc:, deduction - :
Interest,
1949: 102.80 flat Canadian funds with July 2, 1943,
and subsequent coupons; 5Vz %
bonds, due May L; 1949: 104.02 flat
Canadian funds with May 1, 1943, and subsequent coupons.
:
- . ^
$411,802
income
Gross
at
Interest
Operating
*■
,
with all unmatured coupons attached, may be tendered in pay¬
the following flat prices: 5% bonds, due Jan. 2, 1948: 102.05
flat Canadian funds Witli July 2, 1943, and subsequent coupons; 4%%
party,
$2,060,001
—
'■
•
Other
Net operating
'
<
Selling
6,611,524
.
1
1941
7,706,970
No
_
thereof.
Redeemable in whole or ill part at option of com- \ p. 3222, 3069.
y'
vV->'
''>C -1 ■, :'i
60 days' notice, at any time , prior fp maturity: at 101 for
3'/2% and 4% serial bonds; at 103 for the 4*4% bonds if
Washington Water Tower Co. (& Subs.)- -Earnings—
redeemed prior to March 1, 1948; thereafter at 102 if redeemed prior
;
Pefiod End. Dec. 31— 1 ; ""1942—^-Month—1941 ~ *1942— 12 MoS.^-1941
to March 1, 1953; and thereafter at 101 if redeemed prior to maturity;
$998,312 $11,873, 812 $11,266,997
Operating» revenue^
-4 $966;i39
in every case with accrued interest to the date-of redemption. /,. Trus5,223,1.20
306,536 K,
354,544 V 5,211, 308
Operating expenses_l^^'%
tee: Montreal Trust Co. ;'h,
,'/>%;'■
v^4r-;.
rn 973,010
83,118 i 79.925 r 1,251, 750
Federal taxes
.'J
Commencing March 1, 1951, there will be provided for;-the 4*/{%■■
1,182,157
81,661
: 93,689.
1,111 490
Other taxes'
15-year' bonds a sinking fund amounting to $125,000 per annum. ; 4)
1,094,169
92,876
i 90,8471,090 039
Prop, retire, res, approp.;,;" ;
In the opinion of counsel, these bonds will be a legal investment for
funds
of
insurance
companies registered under The Canadian and
$2,794,541
$401,948
$379,307
$3,209, 225
Net oper. revenues^'.'-'.
British Insurance Companies Act, 1932, as amended.
■
2,161- " 1 46, 601 /
'9,854
- 38,720
Other income (net)
The
outstanding first mortgage sinking fund, bonds of the comv
*8.671,525
:—
i^
3%,
the
Gross
1942
'X:''Cy:
mature 'f Company—
bonds
".v^
Corp.—Ceases to Be Holding
& Gas
Walniit Electric
v
:
on
panv,
Years
$11,439,792
operating revenue
holders of record Feb. 27.
1942.,;';:
*
'
Total
serial
The
1943.
1.
share have
per
par value, both payable March 15 to
extra distribution
was
made during
tiples
were
•
tTotal
March
dated
are
50, cents
semi-annual dividend
been declared on -the common stock, no
of 10 cents per share and a
dividend
extra
An
of
;
,v
:v
-''•■■■
Dividend—
Wacker-Wells Bldg. Co.—Extra
1, 1944-1950, and the 15-year bonds mature March 1, 1958.
The SEC finding that his work as liquidating trustee bf Walnut
Principal and interest (M&S) -payahle at any branch, in Canada .'of V Electric and Gas Corp, had been completed, declared Feb. 10 that
the company's bankers
(Yukon Territory excepted).
Coupon bonds V W. C. Gilman had ceased to be a holding company. " On Dec. 31
in denominations of-$l,000 and $500 registerable as to principal;only.
!
Mr. Oilman • transferred the securities hie controlled in the company
Fully registered bonds in denominations of $1,000 and authorized .mul¬ : to the General Water1, Gas and Electric Co.—V, 157, p. 3521 V. 150,
gasoline account for the increase in
patronage.
Revenue passengers carried increased 21.69%.
Operating expenses, including depreciation and taxes, increased $1,997,444, or 26.43%.
Federal
Ventures, Ltd.—Proposed Acquisition—
Sudbury Basin Mines,-;.Ltd., above.—'V'. 156, p.
See
March
and
of tires
the. rationing
i
$2,800,000 first mortgage bonds.
The issue consists of
$400,000 first mortgage serial bonds, 3%, series "A,"
$600,000 first mortgage serial bonds, 3%%, series "A,"
$400,000 first mortgage serial bonds, 4%, series "A," and
$1,400,000 first mortgage 15-yr. bonds, 4%%, series "A."
assets
transportation of passengers, amounting to $11,200,071,
was 31.09 %
greater than for 1941. The present fare was in effect for
the full year 1942, and for less than two months in 1941.
The addi¬
tional amount of war work with the increased number of employees,
Revenue from
and
cumulative preferred stock and a dividend of $1.50 per
the". $6 cumulative preferred istock, both payable on account
Gundy & Co., Ltd., Toronto, on Feb. 16 offered in the
market, at 100 and interest, a new issue of
As
Transit Co.—Annual Report-
Twin City Rapid
Dividends—]
Utah Tower & Light Co.—Accumulated
Canadian
Co.,
by the Navy Department since Oct.
velt
•
$7
4V2 %.. 5%
said.
Biddle
Mr.
and Navy
Army
on
Explosives, Inc.,
with Triumph
contracts
follows:
as
and Dec. 19,
.,
The'directors
,
,
bonds, due Jan. 2.
10 the indictment of
persons charging bribery, false claims and fraud
an
estimated $1,418,617 in alleged overpayments
munitions
-
Ltd.—Bonds Offered—Wood,
Growers,
Grain
United
ment
Nine Persons Indicted on War Fraud Charges—
Attorney
•
^ :
All
by the Navy,
approved
immediately started to assemble the present new manage¬
became active in the operation of the plant of the com¬
Dec.
amounted
report at
took over the operation of the company
directors,
of
*
.
.
hdve; declared: ai dividend: of $1.75 ..per. /share, on the
share on
'i
of accu¬
mulations on April 1 to holders of record March 1.
Like amounts were
H United Gas Improvement Co.—Weekly Output— ;
% paid on Jan. 2," last, and in each: quarter during 1942.
Arrearages on
The electric output for the U. G. I. system companies for the week
the $7 preferred stock on April 1, 1943,
will amourit-to .$32.0214 per
ended Feb. 20,
1943, amounted to 134,172,830 kwh., an increase of
share, and on the $6 preferred stock to- $27.50 per share—V. 157,
17,117,049 kwh., or 14.6%, over the corresponding period last year.—
p. 262. -..y-vV;y"
•.
■' iV. 157, p. 736.
'
'
"■On 523,652
1942.
which
ment
Department
board
23, and
pany on
"Since
V,'•."'"-v''
this meeting what has happened
is proper to
Navy
new
is
company
""
:.■
the
the
that
so
believe
Oct.
That suit was with¬
the injunction was accordingly
now free to proceed With the
the plaintiff on Feb. 19, and
dissolved,
1872."
p.
,
and others.
former management
the
of
by
meeting.
since
local
the
by
members
during 1942 were
10 cents each,
June 20 and. Sept: 19.
,
,
Explosives, Inc.,
At this meeting
"This meeting was originally called for Jan. 19,
to this date,. Feb. 23, 1943, because of an injunction
Circuit Court as a result of a suit filed by certain
Benj. F. Pepper presided at the meeting of Triumph
held last week in the company's office in Elkton, Md>
Mr.
$457,919
$0.88 J
payable March 20 to stockholders
Distributions
10.
20,. 20 cents;
cents.—V. 156,
30
$165,937
$227,523
$324,025
$0.32
$0.43
$0.62
shares of capital stock.—V. 156, p. 2142.
•
March
record
March
205,500
;
profit _4——:
per share-—
:
"•Earnings
Dividend—
of
70,903
20,003
the-first quarter of this year,
for
V
545,246
420,304
208,700
*
dividend bf 20! cents per share,
17 declared a
Feb.
The-directors on
1
;r
$1,279,569
$973,032
43,507
102,100
tax—103,300
Income
Federal
1943—6 Mos.—1942
.
Dividend—
Pay 20-Cent
Co.—To
Upson-Walton
$658,882'
.285,752
$490,466212)277iv.
8,952
declared a dividend
18
Feb.
1872.
Cos.—Earnings1943—3 Mos.—1942
period End. Jan. 31—
Operating profit—-/.--
-
Time, Inc.—To Pay 50-Cent
1942 were as follows:
each, and Dec.
United Electric Coal
refinery
modern
*
P.
General Superintendent
at Bayonne, N. J. ^
..
.
••.
«
Mr. Graves also announced the appointment of George C. Caine as
Superintendent of the Bayonne refinery, succeeding Mr, Chase.
Since
1938 Mr. Caine has occupied the position of Assistant General Super¬
intendent of the Bayonne refinery.
,
The
post of Manager of manufacturing of the Eastern Division
was formerly held by the late Charles R. Barton, who died on Feb. 17.
company's
;
of 15 cents per share
oh the common stock, par $5r payable March
15 to holders of record
March 1.
Payments-during 1942 were as follows:
March 16. 20 cents;
June 15 and Sept. 15, 15 cents each, aiid Dec. 15, 25 cents.—V. 156,
directors On
The
■
payable April 1 to holders of record March -17.
April 10. July .1 and Oct. 1,
15, 20 cents.—-V. 156, p. 1871.
value,
par
no
cents
10
Graphite Co.—15-Cent Dividend— <
United States
-
been declared on the common
cents per share has
10
of
Distributions during
Chase
S.
Division, with headquarters
his new appointment, was
Eastern
stock,
Vice-President, on Feb. 18 announced the appointment
as Manager of manufacturing
of the company's
Graves,
Herbert
dividend
A
Changes—
of
Co.—10-Cent Dividend—
Union Investment
Organization
—
Monday, March 1, 1943
COMMERCIAL & FINANCIAL CHRONICLE
THE
824
the
appointment of
p.
of
the
Wickwire ;Automatic? Propeller,
as Manager.—V. 157,
Joseph1 D. Stites
648. '
!,/' !
■
^
Total
—$62,093,661 $60,642,055
stock
•Common
7%
$11,000,000 $11,000,000
preferred stock (par $100)
Funded
debt
unmatured-
3,000,000
3,000,000
13,225,600
——.
Secured dividend notes not
14,630,600
presented.
8,300
9,300
Audited accounts and wages payable-
65,280
8,898
6,031
Dividend—
United States Freight Co.—Resumes
Liabilities—
The
have
directors
declared
of
-on
an
interim dividend of
par
The-directors
i
72,029
Tax
liability
Reserve for injuries and damages
Reserve
for
depreciation-!
Unadjusted credits
Capital surplus
the
Profit and loss
Light
Utah
Operating
8,718,725
5,049,631
Other
$208,032
expenses—_
taxes ———
145,557
taxes
stock,
par
comoaresi
$1,
with
cents per
payable
20
cents
Feb.
per
share has been declared
27
to
share
holders
paid Oct.
of
8,
record
1942,
the
Feb
and
common
20
on
28
5,257
.
68,352
$194,745
428,780
to
$67,465
31,340
the
Like
20.,
above
dividend
class A preferred stock,
6%
cumulative class
amounts
were
;. '
distributions-will
..
directors: also
$1.12y3
par
of
$14
$100,
per
B
and
share
one
on
of $12
disbursed
preferred
on
the respective
per
issues
on
.
.
reduce
arrearages
of Dec.
as
class A preferred and U $42
31,
on
1942,
the" 6%
.
declared
the
regular
quarterly
dividends
of
share'on both series of the cumulative prior preferred
series and 4V2%
convertible series), payable March 15
of record March 5.—V. 156, p. 2312.
t
(4%%
Stock
$20,378
a
stock, par $100,
account of accumulations, payable April l- to holders-of record
on
15,'last.
The
Reduces
—
,
declared
class
7,894
78,382
24
Corp.
holders
552,939
■
Youngstown Steel Door Co.—25-Cent Dividend—"
income
Other
$51,718
50,763
1,276
$48,969
;——
bonds
int. and deducts.
.
'
48,921
2,137
,
$623,525
601,826
$620,404
25,516
15,112
609,150
A dividend of 25 cents per .share has been declared- on the common
;
stock,
Balance
(deficit)
•Preliminary
$321
$2,089
figures.—V. 157,
p.
175.
$3,817
$3,858
no
par
Distributions
last
This
Oct.
49,534
629
..
Febi
to $49 per share on the. 7%
B preferred stock. ;
,
1,071,451
$46,989
revs-
Interest on mtge.
on
on
The
'
operating
Gross
10
$1,215,162
1,980
Net
of
$125,711
99,447
5,335
10,151
—-
—
$62,093,661 $60,642,055
•Represented by 220,000 shares, no par value.—V. 156, p. 2231.
A dividend
$1,866,570
1,543,909
3,984,350
Federal
revenues——
Total
Tyler Fixture Corp.—10-Cent Dividend—
both
Traction Co.—Earnings31—
*1942—Month—1941
*1942—12 MoS.—1941
Operating
8,718,725
—
238,712
17,706,990
234,399
share
Jan.
&
Period End. Dec.
283,527
—
—
1,029,841
7%: cumulative
March
18,613,390
259,855
—;
i-i—
—
78,675
1,791,304
p.
on'
per
■
1,566
Miscellaneous accounts payable—
Accrued interest (not due)
Machinery
&
! Dividend Arrearages—
25 cents per
value, payable, March 18 to holders
record March 8.
Interim distributions of like amount were made
March 7, June 5, Sept. 4 and Dec. 5, 1941; none since,—V. 156,
2231.
•;
share on the common stock, no
Pump
Worthington
,
value,
of
like
payable March 15 to holders of -r.ecord March%4.
amount
-were
made
on
Ma!rch
16
and
Dec.
25
during 1941 were as follows: March
cents, and June 16, Sept. 15 and Dec. 15, 50 cents each—V
p.
1784.
year, ' While
payments
15
Is',
156*
@FedFRASER