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Volume 155
New; York, N. Y., Monday, May 4, 1942
Number 4069
STATE AND
CITY
Price 60 Cents
a
Copy
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
?
Due
on March 1; $373.50 in
1946, $500 in 1947 to 1963, and
$1,000 in 1964 to 1966.
29,000 improvement certificates,
v
Due on March 1; $1,000 in
1943 to 1956, and $1,500 in
-
v
In This Issue
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V Vv.
Corporation News ^ -g:
State and
City News
1957 to 1966.
;
Palm Beach
County (P.
O. West
Palm Beach), Fla.
QUOTATIONS
New York Stock Exchange
New
York
Curb
^
s.
•
twelve months ended March
was
DIVIDEND NOTICE
31, it
disclosed in their most recent
i
NORTHERN PIPE JUNE COMPANY
2$
financial statements.
debts
Total
of
Broadway
New
the
York,
April 17, 1942.
city, the
school board, the park districts,
the sanitary district, the county
dividend of Fifty (50) Cents per share has
been declared on the Capital Stocx <$10.00 par
and; the
ness
forest
decreased
March 31
preserve
district
A
value)
to
of
this
Company,
stockholders of
May
16,
payable
record
at
the
June
close
1942
1,
of
busi¬
1942.
V
;
J.
to
R.
FAST,.Secretary,.
$463,088,379 * on
from $505,937,927 a year
which the bonds have been issued,
reduction of $42,849,548.
■
Z;: Bonds Not to be Submitted—It
earlier, a
is
stated by the Clerk of
the
A lower trend in net bonded to fix such rates and collect such
County; Board of Commissioners
debt was the most important fac¬ water and sewer charges as will
that. $400,000 beach park bonds
tor in the over-all decrease. " Net provide revenues sufficient to pay
that were to be passed on by the
and
interest
bonded, debt of the six units was bond : principal
voters at the May 5 primary elec¬
lowered
to
$321,268,253
from charges in addition to paying, as
tion, will not be submitted.
the same shall accrue, the neces¬
$344,598,745, a decrease of $23,-
v
Exchange
Out-of-Town Listed Markets
:
Unlisted Securities
000,000 in their total debts in the
;
.
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:
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sary
330,492.
GEORGIA
Tax
'
Bainbridge, Ga.
Bonds Sold—Vance Custer,
City
warrants
outstanding and
the floating debt, consisting of un¬
paid bills, judgments and salaries
operating
create
reserve for depreciation
system, all to the extent
a
the
to
and maintenance
the system and to
of
expenses
and in the
manner more particu-?
Attorney, states that $30,000 3^% also were reduced in the twelve
semir-ann. airport bonds author¬ months' period. Tax warrants ag¬ larly described in the ordinance
ized at an election on March 9, gregated $116,172,942, a decrease adopted by the village in accord¬
ance
with
the. provisions
of
have been sold at 113.17.
Dated of $18,950;098 from $135,123,040
Article 62 of the Revised Cities
(See Index Below)
Feb. 3, 1942.
Due on April and on the similar 1941 date. Floating
and Village Act, ^effective Jan. 1,
debt was reduced to $25,647,182
Oct. 1 in 1955 to 1958.
1942,
V-v i.
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^
from
$26,216,143, a decline of
Kite Cons. Sch. Dist. (P. O. ;:
proved the issuance of the follow¬
$568,961.
Jacksonville, III.
1Kite), Ga.
V:
:/
ing bonds totaling $50,000: $38,000
Proposed Financing—An ordin¬
Bonds Sold:
Anchoragey Alaska *"
We understand
sewer
system•; enlargement,1and
Effingham• County (P. O. Effing- ance
providing for the: refunding
Bond Issue Details—The $100,that;Brooke, Tindall& Co., of At¬
$12,000 fire department ^equip¬
ham), III. ...:
of $374,000 municipal light plant
000 general improvement bonds
ment bonds.- v:
.■/
yyy.y* \ lanta, recently purchased; $20,000
Bond Issue? Detaiis-^The $105,- certificates as a
preliminary step
5%
purchased last year by Foster &
semi-ann. refunding -bonds.
500 (not $105,000) judgment fund¬ toward the issuance of an addi¬
Dated March 1,1942. Denom. $500.
Marshall, of Seattle,• were sold as
florida: 3
ing bonds sold in the latter part tional $200,000 revenue obliga¬
Due March 1, as follows: $500 in
3V2S, are dated Sept. 1, 1941, in
of 1941 to Stifel, Nicolaus & Co. tions to
b;,}K.' A von Park, Fla.:
-: ; 1943 to 1962 and
provide for extensions to
$1,000 denoms. and mature $10,000
$1,000 in 1963 to and
the Midland Securities Co., the
Refunding Plan Approved—We 1972. Prin. and int. payable at the
on Sept. 1 from 1942 to 1951 incl.
light plant received first read¬
both of Chicago j jointly—v. 154,
ing by the City Council on April
Prin. and int. (M-S) payable at miderstand that the City Council First National Bank of Atlanta.
p.Nl 137—were purchased by the 22. The proposal of the Carlton:
the City Treasurer's office.
Is¬ recently adopted a modified plan Legality
to
be
approved - by bankers
as 2%s, at a price of par.
D. Beh Co. of Des Moines to pur¬
sued to provide funds for im¬ for refunding the bonded indebt¬ Spaulding, Sibley, Troutman &
They are dated Nov. 12, 1941. One chase the new securities, to bear
provements and betterments to edness of the city. The plan was Brock, of Atlanta.
bond for $500, others $1,000 each.
3y2% interest and mature from
the
existing
light,' water
and prepared by: Henry L. Jollay,
Due Dec. 1 as follows: $4,000 in 1957 to
1961, was accepted by the
telephone
systems,
street
and Winter Haven attorney, who has
1943 and 1944; $5,000, 1945 to 1948
council, "in view of the require¬
sidewalks and other miscellaneous succeeded R. E. Crummer & Com¬
r'*
\ Bettevue,
III;
incl.; $6,000, 1949; $7,000, 1950; ment that holders of the original
purposes, and were approved by pany as the city's fiscal agent. The
Bond Sale Delayed—A petition $8,000 in 1951 and 1952; $9,000,
bonds must consent to the refundf
a
majority of the real property modified plan is founded upon
for a writ of mandamus to compel 1953 and 1954; $10,000 in 1955 and
substantially embodies the
ing arrangement." The outstand¬
owners voting at a special elec¬ and
Prin¬ ing obligations, it was said, bear;
tion held on June 27, 1941. Valid provisions of the former refund¬ Sidney L. Grigsby, President of 1956, and $10,500 in 1957.
the Village Board, to
sign and cipal and interest payable at the 4 % interest and mature up to
and binding obligations of the ing contract entered into Jan. 26
execute bonds to the amount of County
Treasurer's office. The 1956. They were issued in
city, payable from ad valorem between the city and Mr. Jollay.j
1938.;
$96,000, to provide funds for con¬ bonds are direct obligations of the
J>'!•"« 'J/b V
;-'-v >''-f!.
taxes levied upon all of the tax¬ 'v y
struction of a municipal water county, payable as to both prin.
Brooksville, Fla. ;
Jerseyville, III.
able property within the city.
In
Bankruptcy Plan Approved — works system, was filed in Circuit and int. from direct ad valorem
Proposed Bond Issue—It is re¬
the
opinion of Counsel, these
We understand that the hearing Court on April 18, according to taxes levied against all the tax¬ ported that the City Council re¬
bonds, being issued by a sub¬
The petition de¬ able property therein.
Legality cently considered an ordinance to
division of a Territory of the on the municipal bankruptcy for press reports.
United States, are exempt as to the indebtedness of the above city clared" that the board has con¬ approved by Chapman & Cutler issue $190,000 water revenue re¬
was completed on April 24, and
tracted to sell the bonds, which of Chicago. •. .
funding bonds. :
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/
both principal and interest, from
-'T<
Miscellaneous1
r..
.
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.
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1
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t
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an
interlocutory decree was en¬
present taxation imposed by
tered by the court approving the
authority of the United States or
any local taxing authority of any plan and directing the city to pro¬
ceed with carrying it out. :
•
State, except estate, inheritance
and gift taxes. Legality approved
Dade County Special Tax School
by Preston, Thorgrimson, Turner,
Districts (P. O. Miami), Fla.
Horowitz & Stephen, of Seattle.
Bond Election Confirmed—The
The bonds were sold at a price
Superintendent, Board of Public
of 101, a basis of about 3.30%.
Instruction, confirms the report
in our issue of April 6, that an
ARIZONA'
election: has
been
called
for
v;-J V
'
Phoenix, Ariz.
May 5, to submit to the voters
Bonds Sold—The City Commis- bonds
aggregating $2,025,000 and
all
•
"■
Sion accepted recently
the bid of divided:
have
already been printed, to
DoylC, O'Connor & Co. of Chi¬
cago. The bond house, it was said,
refused
without
to
accept the obligations
the
signature
of
Mr.
Grigsby.
H.
G. Hanchett Bond & In¬
Champaign County (P. O.
Urbana), III.
Approves Bond Sale Contract—
Contract allowing the H. C. Speer
6 Sons Co. of Chicago to handle
the Sale of $18,500 2 Y4% refunding
bonds was approved by the Board
$875,000
Dist. No. 3; $850,000
Dist. No. 5; $150,000
Bond Issue Details—The
000 4%
-
.
tion
on
$100,000 airport purchase
May 25.
bonds from May. 12 to
Opa Locka, Fla:
Maturity—The City Clerk
states that the
CALIFORNIA
had been anticipated no levy was
made to meet the maturities.
now
$40,873.50 4% semi- Cook County (P. O. Chicago), III.
certificates
Bond Sale Details —The
$160,-
water and sewer revenue
000
to
bonds
$111,hospital addition bonds sold
Quail & Co. of Davenport—i
purchased by Kneeland &
v.
155, p. 1642 — were issued
Chicago,—v. 155, p. 1642*—
dated Feb. 1, 1942, in $1,000 2%s, at a price of 100.16.
are
denoms. and mature Feb. 1 as fol¬
lows:
as
,
Saline County (P. O. Harrisburg),
$2,000 in 1944 and 1945; $3,-
III.
000, 1946 and 1947; $4,000, 1948 to
1951 incl.; $5,000,
1952 to 1955
curities Co. of
incl.; $6,000, 1956 to 1959 incl.;
$7,000, 1960 to 1963 incl; $8,000,
1964 to 1966 incl.; $9,000, 1967 and
a
1968;
1970.
1970
and
$10,000
in
1969
are
optional in 1945 or any
interest date thereafter in inverse
numerical
order.
Interest
Bonds
F-A.
Sold—The
Se¬
Midland
Chicago purchased
recently an issue of $29,000 3y4%
funding bonds at a price of 100.17;
basis
and March
Bonds maturing in 1969 and
.
:
Moline, III.
Co. of
of Supervisors on April 22.
Plan
Special Tax
calls for the immediate issuance
Special Tax
vestment Co., Inc. of Phoenix, for
Special, Tax of $10,800 bonds, with the balance
the purchase of $18,834 street im¬ Dist. No.
to be sold next fall, according to
7, and $150,000. Special
provement bonds. The second best Tax Dist. No. 9. /
report.
/
;
bid was tendered by Refsnes, Ely,
Harry A. Little, County Treas¬
Beck & Co. of Phoenix.
Highland Park, Fla.
( urer, explained that the issuance
Refunding Bonds Issued—The of refunding bonds had become
ARKANSAS
village
officials ; destroyed
re¬ necessary because motor fuel tax
cently $90,000 old bonds, which refunds from the State that have
Hot Springs, Ark.
1
were replaced by the issuance of
previously been used to retire
Bond Election Date Changed—
We
understand
that
the
City $50,000 refunding bonds, bearing principal and interest on the high¬
4% interest.
Dated July 1, 1941, way debt are not available, for
Council recently passed an ordi¬
and due on Jan. 1, .1961.
this year, and because State help
;
nance changing the date of elec¬
the
Franklin Park, III.
of
1,
Due Dec. 1
1952
about
3.23%.
Dated
1942.
Denom/ $1,000:
as follows: $4,000 from
to 1957
incl.
and
$5,000
in
1958.
at
Prin. and int. (J-D) payable
the Continental Illinois Na¬
payable at the Har¬ tional Bank & Trust Co., Chicago.
Bank, of Chi¬ These bonds, in the opinion of
cago.
These bonds, to be issued
for the purpose of defraying the
cost of improving and extending
INDEX
the present
municipally owned
Quotations:
v; .:..:/'P^ge
water works and sewer system of
Prin. and int.
ris Trust & Savings
New York Stock
the village,
will constitute, in the
opinion of counsel,
valid and
legally binding obligations of the
village. They are payable solely
from the revenues to be
from
the
derived
Exchange....... 1731
Exchange........ 1741
Exchanges...,...... 1745.
New York Curb
Other
Stock
Unlisted
State
Securities
,1748
and
City Department:
Proposals and Negotiations 1721
Gen. Corporation, and Invest. News 1748
Redemption Calls and Sinking
Bond
operation of the water
Fund Notices
.1727
San Fernando, Calif.
arid sewer
sold at par to the RFC—v. 155; Debt Reductions—The six major works
system.
The Dividends
1727,
Bonds Voted --At an election p. 490—are due as follows:
taxing groups in Cook County ef¬ village has power and is obligated Auction Sales....... ....mo
;
held on April 14 ,the voters ap-; $11,873.50 refunding - certificates: fected a reduction of nearly; $43,r under the statutes pursuant! to I The Course of Bank Clearings,.., xizxl
ann.
water
revenue
Major Tax Units Effect Sharp
.
-
......
.
are a
cago.
Information
Additional
now
INDIANA
Offering
—
A.
C.
chased
000 not to exceed 4% interest cou¬
water works revenue bonds.
1942. Denom. $1,000.
Due Feb. 1 as follows: $1,000- from
pon
Dated May 1,
1945
1950 incl.; $2,000,
to
incl.;
.
at
par,
conditional
bids will be received.
Issued for
will be considered. No
'
by the Carleton D. Beh Co. of Des
Moines,
3%s, at
as
par.
of financing the ac¬
KANSAS
,
pursuant to Ordinance No. 103,
adopted by the Board of Trustees
on April 21, 1942.
A copy of the
ordinance and the engineer's re¬
Garden City, Kan.
Sold — It is stated
;
,
Bonds
by
Simeon M.
Moss, City Clerk, that
$65,000
1% ■ semi-ann.
airport
bonds approved at an election in
April, have been sold. Dated May
L. Bur¬
den, consulting engineer, may be
port prepared by Martin
1942. Denom. $1,000. Due $13,000 from .May'. 1,
1943 to 1947.
Clerk-Treasurer.
Prin. and int. payable at the State
20 days after the sale date, at the
Treasurer's
office.
Legality ap¬
above bank.
If an acceptable bid
proved by Bowersock, Fizzell &
is not received at the time of sale,
Rhodes, ,of Kansas City.
the sale will be continued from
1,
office
of the
Delivery within
day to day thereafter and further
Hutchinson, Kan.
bids will be
opened at such times
Board of
The approving opinion
Trustees.
chased
transcript of the proceedings had
relating
be
issuance
of
the
furnished
to
the
tion in
Enclose
for
1941.
KENTUCKY
$500, payable to the town.
than 10 ■ years. ;5? XbXi yt
svji
.
chants-National Bank of Boston,
Minden, La.
!'v;-■.
Central
Trust
Bank '&
Hanover
bonds
ment
purchased
were
Sale—The
$30,000
divided
1943
1,
Sept.
T
-
.
Manufacturers
~
airport
pon
29—v.
155,
to Halsey,
cou¬
bonds offered April
1561—were awarded
a
price of 100.84,
basis of about 2.18%. Dated Nov.
1,1941 and due $80,000 on Nov. 1
in
1956
and
1957.
Re-offered to
2.05%. Second high bid of
100.16
for
2V4S
was
made by
yield
Stranahan, Harris & Co., Inc. of
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Indianapolis, Ind.
Bonds Publicly
Offered
The
—
syndicate headed by Smith, Bar¬
ney
& Co., New York, which was
the recent issue of $6,-
awarded
000,000 gas utility revenue bonds
on
a
bid
of
basis
of
100.8599
about
for
3.%s,
155,
$3.058%—v.
1642—re-offered the bonds on
the following basis: 1943 to 1957
p.
2.85%,
according
were
to
_
,
-
,
Central
-
National building bonds offered April 20—
Bank,,Lynn, 0.44%; Se-iv. 155, p. 1562—were awarded to,^.Co., Lynn, 0.47% ;j the First of Michigan Corp., De-;
Cape • Ann National Bank, Glou¬ troit, on a bid of 100.033 for $15,k
Note
Le000 l%s, due $5,000 on April l pP/
cester, 0.48%; Beverly National
blanc, City Treasurer, will receive
from 1943 to 1945 incl., and $10,Bank,
0.49%; Naumkeag " Trust
sealed bids until 7 p.m. (EDST)
000 IV2S, due $5,000 in 1946 and
Co., Salem, 0.495%.
on.Ma.y 5 for the purchase at dis¬
1947, making a net interest cost
count
of
$650,000 notes.. Dated
.J -• • Methuen, Mass. ,:
of about 1.588%. Bonds are dated
May 5, 1942. Due Dec.7 29, 1942.
Note Sale—The issue of $125,- April 1, 1942.
Other bids:;
Issued in anticipation of revenue 000 notes offered
Bidder—
-%
*
Int. Rate Rate Bid
April 30 was
100.234
'
for the year 1942. Payable at the awarded
to ; Whiting- Weeks
&
9"b2rfc &
"
IOO
A AttOf.
.5r^ne.^.9°:.2>
Second National Bank of Boston. Cl„uknv.{
Stubbs, of Boston, at 0.46% dis-paine" webbsr
2%
mm
100.14
Stranahan, Harris & Co., Inc.
2'/c
Sealed bids (including offers by count.
Due on Dec. 18, 1942, and
telegraph) should be addressed to April 9, 1943. The National Shaw¬
Detroit, Mich.
the Treasurer.; Notes will be cer¬
mut Bank of Boston, second high
Bonds Purchased
Edward M.
tified as to genuineness by. the
bidder, named a rate of 0.47%.
Lane, Secretary of the Teachers
aforementioned bank, under adr
Retirement Fund Board, reports
vice of Storey, Thorndike, Pair
g ■' yy' Milton, < Mass,
that
$150,000 non-callable
city
mer. & Dodge of Boston, ; v
V .' O. / Note Sale —The Second Na¬
bonds, were purchased on tenders
tional Bank of Boston was award¬
MARYLAND
April 23 at prices to yield from
ed on April 28 an issue of $100,2.723% to 2.724%.
Harford County (P. O. Bel Air),
curity
Trust
""
~
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"
~
,
"
—
Md.
Nov. 6,
discount.
with Federal funds and
;V.
maturity;
priced from 103 down to 102
'
The syndicate reported a brisk de¬
,
in¬
\
schedule
a
pledged tax of
after
there
.86
of
have
Avon Township
principal
on
the
of
and
interest
public improvement
amount of bonds
maturing in each
year and the optional features ap¬
peared in v. 155, p. 1561.
Rate
of
Interest —The
Albert
McGann
outstanding in the total
amount of
up
will
of non-
to 10 a.m.'
May 6, bids to be firm
of the following day.-
p.m.
Offerings will be considered of
School District Not approximately $500,000 bonds for
10,
check,
$99,000
payable
>
Co.;1
?
Police
,
to
the
Jury.' '
for
$1,000,
Treasurer
u.. *'
-
J r 'r v
of
-
1943
$277,000
incl.
1948
to
from
1949
.to
.1952 incl.
of the
All
May
for
prices
1.75%,
0.50% to
maturity.
yield from
according
to
to
Other bids were as follows:
Bidder—
>
■
Int. Rate
Phips. Fenn & Co.. Goldman,
Sachs
&
Co.,
Stranahan.
Harris & Co.. Inc., Robert
Hawkins
&
Co.,, and As-..
Rate Bid
'•*•
-
"sociates
June
,
1
,
>,•»
;
-
■-
1%%'^ 100.259
15, 1946; Nos. 35 and 36, on
1944; and Nos.
and after June 15,
37
bonds will be dated
1942. They were re-of¬
public investment at
15,
fered
$340,000. Enclose a
certified
Securities
and
bonds, Series A, B, C and D,
now
Ind.
warrants awarded March 23 to the
Charles G:
-
from
000
one
been
first paid from such proceeds
parts of the country. A
showing the principal
Mttncie,
MICHiaAN;fp;S;g'|
,
/
on
—
Comptroller,
offerings
callable city bonds
(EWT)
MASSACHUSETTS
interest from the proceeds of
mill
dividual investors in the mid-west
and other
sealed
receive
until 1
,
City
Oakman,
the
will
be. required, .by
county, according to report.
.
X Offerings Wanted
financ¬
ing
no
.
Due
1942.
.
1958 to 1972 incl.
mand for the securities among
or;
,
maturities to. yield from 0.75% to
bonds due from
bank
a
,
Toledo.
X-
at
Oakland County, Mich, p
the city sinking fund, water board
Bond Offering—George A. DeBoston, Mass. /vX/'/XXv
Avoyelles Parish (P. O. Marksdivision, and must state the pur¬
Bond Sale—The $3,776,000 cou¬ Young, Director of the Board of
ville), La.
pose of the bonds, rate of interest,
Bond Election Postponed—It is pon
bonds ; offered
April 28— Education, will receive : sealed date of
maturity, the dollar value;
stated by Jules Escude, Secretary v. 155, p. 1642—were awarded to bids until 8 p.m. (EWT) on May 5
and the yield.- No bonds maturing
of the Police Jury, that the elec¬ a syndicate composed of Lehman for the purchase of $38,000 re¬
beyond 1959 will be accepted.
tion
which
was
scheduled
for Bros., Chemical Bank & Trust Co., funding bonds of
1942.
Dated
Bonds Purchased—Mr. Oakman
April 28,- to submit to the voters Graham, Parsons & Co., Eastman, May 15, 1942. Denom. $1,000. Due
city
non-callable
an
issue: 1- of
$550,000
drainage Dillon & .Co., Paine, Webber & June .15 as follows: $1,000 from reports Vthat
bonds in the amount of $574,000
Co., Equitable Securities / Corp., 1943 to 1952 incl.- and $2,000 from
bonds, was called off.
were purchased April 29 for the
Eldredge & Co., Hemphill, Noyes 1953 to 1966 incl. Rate or rates of
East Baton Rouge Parish (P. O. ;
& Co., Hallgarten & Co., Spencer, interest to be expressed in mul¬ city sinking fund at an average
V
Baton Rouge), La.
Trask
&
Co.,
and. Campbell, tiples of V4 of 1%, not exceeding yield of 2.715%.
Bond
Offering — Sealed bids
Phelps & Co., all of New York; 3% per annum to June 15, 1943, Erin and Lake Townships Fracwill be received by E. L. Gass,
Hawley, Shepard & Co., .Cleve¬ not exceding 3%% thereafter to
tional School District No. 4,
President of the Police Jury, un¬
land; H. C. Wainwright & Co;, June 15, 1948, and not exceeding
Macomb County, Mich.
til 10 a.m. on May 12, for the pur¬
Boston; R. D. White & Co., New 4Vt%.per annum thereafter until
Tenders Wanted—Julius Amtschase of the following bonds ag¬
York; Stern Bros. & Co. of Kan¬ paid. Interest J-D. 15. Bonds Nos. buechler, District Secretary, will
gregating $54,500:
•
sas
City, and the Wells-Dickey 31 to 38, both inclusive, will be receive sealed tenders of 1938 cer$50,000 public improvement, se¬ Co. of Minneapolis. The success¬ subject to redemption prior to tificates of indebtedness in the
ries E bonds. Interest rate is ful bid was a
price of -100.289 for maturity, in inverse numerical amount, of about $2,000 up to
not
to
exceed 4%, payable
l%s, a basis of about. 1.69%. Sale order, at par and accrued inter¬ 7 p.m. on May 11. Tenders shall
A-O.
Denom. $1,000.
Dated consisted of:
;
est, on 30 days' published notice, show the purpose, the rate of in¬
a;4'
April 1, 1942. Due April 1, as $1,000,000
funding
bonds. Due on any one or more interest pay¬ terest, date of maturity, dollar
follows:
$4,000 in 1943 and
$100,000 annually on May 15 ment dates on and after the fol¬ value and the yield.
v
-X -X'::
1944, $5,000 in 1945 to 1950 and
from 1943 to 1952 incl;
lowing dateSj to wit: Bonds Nos.
$6,000 in 1951 and 1952.. Pay¬
Blanc
Township
School
2,776,000 municipal relief bonds. 31 and 32 on and after June 15, Grand
able as to both principal and
District No. 2 (P. Q. Grand
Due May 15 as follows: $278,.- 1948; Nosj 33 and 34, on and after
; >
Stuart & Co., Inc., Chi¬
2V4S, at
cago, as
a
p.
$160,000
or
National
MAINE
Lewiston, Me.
Offering—Denis ; L.
-
Sale—The
office,
,
New York City.
according to the City Clerk.
Gary, Ind.
Bond
incl.; $7,000 ih^l:;;
$8,000 from': V
and
.
$27.000.as
follows:
as
from
LOUISIANA
-
1964
to
1966,
to;1947;- Essex,County (P. O. Salem), Mass. Lposals will be conditioned only onr:
Note Sale—The issue of $50,0C0lthe
approval as to validity ofp"
$20,000 as 2V4S, due from Sept.' Tr
1948 to 1950; $56,000 as 2%s, due industrial farm 4oah notes offered' Michael E. Nolan, of Bessemer,"
from Sept. 1, 1951 to 1957, and April
28—v. 155, p. 1642—was:
«
*
,
(
Windsor Townships :
$47,000 as 2V4S,-due from Sept. l, awarded to the Merchants Na-1 Delhi r and
Fractional School District No.
1958 to 1962. Denom. $1,000. Dated tional Bank of Boston, at 0.40%
March
1,. 1942.
Prin. I and; int. discount. Dated May 1, 1942, and ■/*: (P. O. Dimondale), Mich. , • J
::Bond Sale—The $25,000 coupon
(M-S) payable at Minden-.orXak idue / May 1, 1943.
Other bidsdue
water
Board.
Tax
State
1962
1965* and
; KYOrk,
Saioihbri" C Bros.
trust company as may be desigr;
Hutzler, and R. W. Pressprich 5c
hated by the purchaser. Register- J
;Cb;,k0.67%, plus $27. .
'
able as to principal only.
-.v.*
Pro-
20
of Louisville, at a price of 103.00,
in the County
Auditor's office on May 1 by the
held
was
from
urer's
on
by Felix" M. Rives "of
Shreveport, at a price of 100.033,
April
Among other bids:
Evansville, Ind.
No Bond Financing—The pro-: Boston Safe
Deposit & Trust Co.,
Refunding
Issue — works revenue bonds offered for
Proposed
$264,915
school t building 0.317%; * First" National Bank of
sale on April 22—v. 155, p. 1562— posed
Hearing on the city's proposal to
program will be financed entirely
were purchased by Dering & Co.
refund $240,000
Boston,.0.327%. *
bonds maturing
-
1
>..
1967 to 1972 incl. Prin. and int.;' !
X Bonds Sold^It is stated! that
,Cp.; ;and F. S. Moseley *& Co.,
$150,00b sanitary sewert improvb-? 0,625% •-Chase National Bank -of (J-J) payable at the City Treas~V
000 notes at 0.30%
Elizabethtown, Ky.
Bond
*
July
,
.
check
certified
a
Nov.
of the
purchaser at the expense
town.
of
$111.10, equal to 100.404. These
bonds were approved at an elec¬
the
to
will
bonds
T. C.
Smith, City Clerk, that Beecroft,
Cole & Co., of Topeka, have pur¬
$27,500 airport acquisition
bonds, as l%s, paying a premium
Matson, Ross, McCord & Ice,
Indianapolis, together with a
of
t
v.
Bonds Sold—It is stated by
shall be fixed by the
of
quired. Bids shall be conditioned
upon the unqualified legal opinion
of Claude H. Stevens of Barry &
.
.
quisition and improvement of the
water
works serving the
town,
as
$760, pay¬
district, is re¬
■
.
the
A certified check for
able to order of the
—
\
at
;
district, which shall be a
responsible bank or trust com-T
pany in the City of Detroit.
are
inverse nu¬
accrued
interest to
date of redemption.
Bidder to name a single rate of
ment bonds were purchased on
interest, expressed in a multiple
April 24 by a local investor at
of V4 of 1%. Prin. and int. (F-A)
par. /
r
y ; \*V
r^yv .,
payable at the English State Bank,
English. Registerable as to prin¬
Duncombe, Iowa
Bond Sale—The $15,000 munic¬
cipal only.
No bid for less than
the par value of the bonds, in¬ ipal electric plant revenue bonds
cluding interest from the date offered for, sale on April 24—
thereof to the date of delivery v. 155, p^. 1562—were purchased
examined
transcript Tand i the
certified
v
school
,
Police
$100,000 re¬
•A
Company^ Detroit, or at its suecesor paying agent named by said
100.15
■?:<■?,*4'' "ft''**'.-''
.■
merical order, at 105 and
the purpose
cerpay¬
-
Detroit Trust
.
their
in
thereafter,
l3,i%
the
at
<
interest payment date
any
New
4; York, Bankers Trust Co. of 'f; i
■ r
'.*New York, Smith, Barney
1
i"
'■]'
&
Co.,
Lar.ard
Frercs.. & '
>06., and Associates
1%%":-?,I 100.047
Halsey, Stuart & Co.,*'' Inc;", V>•••.'• ••
••..Blair-&
Co.,. Inc., Union
.'/Securities Corp., B. J. Van
v: V
t
Mngen & Co., Inc., and As>
.iisociates
;u...
100.716
First Boston Corp., Harriman
•j.
(■. "i
•,VRipley & Co.,'Kidder, Pea-Y;:?*%','!s.body &■ Co., Stone &; Web,w
]>■.■•£ '
.
1963 incl. and
an
of
payable
„
1951 to
$3,000 from 1958 to
$2,000 in 1964. Bonds
maturing on or after Feb. 1, 1960,
are
redeemable on Aug. 1, 1947,
1957
and'Associates
City .Bank
Both principal and interest will'
be
,
of $40,-
6 for the purchase
President
the
to
Chicago,
National;
•
&
Bros.
Pressprich
approving opinion of Chapman
^■stef..iand i Blodget,-JJnc,,vand;;! \<.fa■ C »./
Stevens, Detroit, - approving the
Cutler, of Chicago, will be furn7 bAssociates
....2%f - U- 100.39■'
dated July 1, ished the successful bidder with¬
Note Sale—The issue of $5,000,- legality of the bonds. Cost of said
:
1941, and mature on Nov. 1; $9,000 out cost to him, and all bids shall
000;/notes offered April 27 was legal opinion will be paid by the;:
in 1943 to 1946, $6,000 in 1947, $9,be so conditioned.
;
> V
"•<> awarded to a group composed of school district and the cost of the
000, 1948 to 1953, and $4,000 in
Iberia Parish School District Noy 6, the First National Bank of Boston, printing of the bonds will be paid;
1954. Interest payable M-N.
V. >'
Chemical Bank & Trust Co., New by the purchaser.
Bonds will be'i>XX,
(P. O. New Iberia), La. -«'Vv >
delivered at Detroit.
/;
; '
Bond Election—We understand York, and the First Boston Corp.,
Dubuque, Iowa
Bond Sale Canceled—It is now that an election has been called New, York, at 0.57% interest, plus
Bessemer, Mich.
dated that the sale of the $8,000 for May 15, to submit to the voters a premium of $57. y Dated April
5% semi-ann. street improvement an issue of $32,000 construction 30, 1942 and due Nov. 5, 1942
,i,.?on^10"erine-G- W. Waters .
bonds to the Carleton D. Beh of bonds.
i .Gther bids: Halsey, Stuart & i P.
w
se?Je<^
-,
<' ■ '
\ ^ *
bids until 8 p.m. (CWT) on May
y ?
Des Moines, at 102.00, as noted
Co., Inc., 0.58%, plus $58; Jackson
Lincoln Parish (Pi O. Ruston), La.
18 for the purchase of $90,000 4%[
'& Curtis, Arthur Perry & Co;, Lee
here in February, has been can¬
Bond Election—We understand
coupon second mortgage lighting/;;
\
celed, due to a technicality.
that an election has been called Higglnson Corp., Bond, Judge &
system revenue bonds. Dated July*
Bonds Sold
City Treasurer for May 12, to submit to the voters ;Cb.?and Robert Hawkins & Co.,
1, 1942.
Due July 1, as follows::
jqintly, 0.58%,, plus $31; National
Otto F. Puis states that $8,000 5%
$75,000 airport bonds. Due in .not
Shawmut Bank; of Boston, Mer¬ $5,000 in 1960 and;1961;y $6,000p.:
semi-ann. special street improve¬ more
Leasor,
Clerk-Treasurer, will re¬
ceive sealed bids until 1 p.m. on
Town
May
the
able
funding bonds sold to Paine, Web¬
ber & Co. of Chicago, as 2V4S, as
noted here last October, were pur¬
English, Ind.
Bond
that
stated
It is
—
"of
$100.
$25,00.0 issue. Enclose a
tified cheeky for $1,000,
.
by Holland
4 Vz %,
payable A-O.
Dated- Oct/- 1,
1939. Due Oct. 1, 1940 to 1979.
These bonds are a part of a
i
Legality to be approved Cedar Falls Independent School
M. Cassidy, of Chi¬ District (P. O. Cedar Falls), Iowa
by law.
-
Denom.
Monday, May 4,: 1942
.
Bank of,New
? York;
Salomon
»'
Hut7iler,;. R. W.
is not to
Interest rate
exceed
-V
or
bonds.
■
county,
Chase National
District/; No;^4
Sewerage
4,500
direct obligation of South Bend, and to the Merchants
and all the taxable National Bank of Muncie—v. 155,
property in the county is subject p. 1266—bear 0.75% interest.
to the levy of taxes to pay the
same
within the limit provided
V"'1
IOWA
counsel,
the
FINANCIAL CHRONICLE
THE COMMERCIAL &
1722
and
1943.
38, on and after June 15,
The bonds will be the gen¬
eral obligations
trict which is
of said school dis¬
Blanc),. Mich,
Bond
school
April
l
.
Sale—The $40,000 coupon
building
awarded to
bonds
offered
p. 1643—were
Crouse & Co. of De¬
27—v.
155,
authorized and re- troit, at a price of 100.0375 for a
quired by law to levy upon all the:
combination of $16,000 ;l%s, due
therein such ad, $8,000 on May 1 in 1943 and 1944;.
valorem taxes as may be neces- and $24,000 1 *6s, maturing $8,000
sary to pay the bonds and the in-1 from- 1945
to 1947 incl. Dated
terest thereon as the same shall May 1, 1942. rSecond high bid of X
become due, without limitation as i 100.15 .for:, l%s
was made by.,
to rate or amount.
* X
"
: !
1 Braun, Bosworth & Co. of Toledo.
taxable property
Volume 155
Harbor Beach,
Mich;
the
election
v
April 6
Bonds Defeated—At the
•
the
defeated
voters
1723
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4069
Gillford
1939, maturing Dec;-1;- 1949, have
been
called for * redemption on
June
1, 1942.
with
all
Minn.
The bonds together /
interest
should
coupons
Bond
field
(P. O. Lake City, R.F.D.),
;
received
•
Offering—Bids
until
/:
/;,.<
tt':"'"
will
on
approved
by
the
April 7.
John Erton is
City Treasurer.
Lebanon, Mo.
be
May 15,. at 8 p.m.,
bonds
voters
/
MISSOURI
Bonds
Sold—City Clerk Ralph
Shafer states that $200,000 semi-
/:/'/7 Creighton, Neb.
/
Kohrs, Town Clerk,
Price
Paid —The
City Clerk
; /.v,. /'> /•//./}/ fpr the purchase of $32,000 gen. ann. water works revenue bonds states that
the $14,500 2V2% an¬
Hillside, Mich.
■;'
oblig. road and bridge bonds, ap¬ have been purchased by the Com¬ nual 1
Warren Township School -District
sanitary sewer and plant
Bond Election Deferred—R; L.
proved,by the voters on April 4—- merce Trust Co. of Kansas City, bonds
sold
the
Robert
to
No. 5 (P. O. Warren), Mich,
E.
y, 155, p. 1563. Legal approval to as 2%s, paying a price of 100.57,
Hughes, City Clerk, states that
Schweser Co. of Omaha
v. 155,
Bond Sale—The $35,000 coupon
be furnished by Fletcher, Dorsey,
the question of holding an elec¬
Bond
Offering
Not
Contem¬ p. ■ 1644—were
purchased at i a
school bonds offered April 27-4-.
tion to determine sentiment on a
Barker, Colman & Barber of Min¬ plated—Mr.
Shafer 7 also
states price of 100.868, a basis of about
v.
155, p. 1643—were awarded to
neapolis.// ///:////;;///'-:•/ that a proposal to/ issue $20,000 2.39%; Due on March 1 in 1944
proposed municipal- power plant
H. V. Sattley & Co. of Detroit,
bond issue of about $100,000 has
city hall bonds has not been acted to 1958; optional in 1957.
v : >
as
Litchfield, Minn. •
21/48,7 at a price of 100.165,-a
been ; indefinitely
postponed as
>
basis of about 2.20%. Dated April, / Certificates Offered to Public— upon by the Council//
'/
Fairbury, Neb.
/
the city ' is waiting for Federal
15, 1942, and due $7,000 on Oct. 1 The Allison-Williams Co., of Min¬ ■rSti Charles Sch. Dist., (P. O. St.
Bonds Sold
The First Trust
approval of the project. //■///:/;'./
from 1943 to 1947 incl." The bid of neapolis, is. offering for general
/ :/:/-;••/ Charles),
Co. of Lincoln is said to have pur¬
Lake Township School District No. First of Michigan Corp., Detroit, investment
$184,000 3% semi-ann. : Bonds Approved—We under¬ chased recently the $35,000 air¬
1 (P. O. 22319 Twelve Mile
of 100.085 for $21,000 2 34s,/and- light
plant revenue certificate^. stand that at the election on April
port site purchase bonds as 2lAs,
Road, St. Clair Shores),
$14,000 2s, was disqualified. -//'// Due iri 1945 to 1952, optional in
18,- $35,000
construction
bonds at a price of 102.857, a basis of
Z i/Z •- t:. *'/
Mich.
v'.::-:'•;. ;7;:'
1947.•„ i
>i 4
.
; * carried.
about 1.99%.
Dated June 1, 1942.
Wayne County (P. O. Detroit),
'/ /
j-4'
r'*":• 1'
'
v"1
'".
7
Tenders Wanted
Harold F.
St. Louis County Indep. Sch. Dist.
Bond
f
Offering — Sealed
bids Due $7,000 on June 1 in 1952 to
Reinhardt,
District V Secretary,
1956.
These bonds were voted on
Will Assume Private Toll ; No? 35 (P. O. Buhl), Minn. U were received until May 4, by the
will receive sealed tenders of cer¬
•
.<
.
,u ;
Bridge—The Detroit "Free Press" v Bond Election—The issuance of Clerk of the Board of Education, April 7. *
proposal
issue
to
street
$30,000
Z//••'"
improvement bonds,
presented
be
the
to
Township by Carsten
Treasurer.
—
-
.
<
,
—
.
-
- ••.
"i>
—
?
■■■ •
*
■
tificates 4of .indebtedness
be
to
April 22 reported as follows: ], $77,500 refunding bonds will be for the purchase of $35,000 con¬
struction bonds, approved by the
Michigan's last privately owned submitted to the voters at an elec¬
voters on April 18.
at 8.30 p.m. "Approximately $13,- toll bridge,
that connecting the tion scheduled for May 19, accord¬
000 of the certificates will be pur- north end of Grosse lie with the ing to L. G. Pervenanze, Clerk of
/ Tarkio, Mo.
mainland,
will
become / public the Board of Education.
; chased.
://
Bonds Voted—At a recent elec¬
Bond Approval Sought—We un¬
property next month and is ex¬
tion the voters approved the issu¬
Michigan (State of)
pected to l?e converted, into, a derstand that the Board of Edu¬ ance of
Large Deficit Reduction Fore¬
$31,000 municipal airport
free bridge under the direction of cation recently passed a resolution
site purchase bonds.
cast
Harold W. Burrows, Con¬
the: Wayne County, Road Commis* calling for an issue of $77,500 3%
troller
of the
State
accounting
sion.
i
.:
funding bonds to be submitted to
MONTANA
division, recently stated in a re¬
the voters for approval on May
Acting on the request of the
port that Michigan may end the
/
Billings, Mont.
19.
Due on July 1, as follows,
fiscal year June 3, with a general commission, the Board of Super¬
Bonds Not Sold—The $16,874.34
fund
deficit
of
not
more
than visors Tuesday agreed not to re* $7,500 in 1947, $8,000 in 1948, $9,000 in 1949, $10,000 in 1950, $11,- not to exceed 234 % semi-ann. air¬
$409,410.
The deficit last July 1 new* the Grosse'Ile Bridge/Com¬
000 in 1951, $12,000 in 1952, $13,- port construction refunding bonds
was. $11,709,000.
v
7
; ' pany's ■ franchise, which expires 000 in
offered on April 28—v. 155, p.
1953, and $7,000 in 1954. :
s ,/'>'
To Levy Tax On War Plant Ma¬ May 12. .\-va
opened at the regular meeting of
the Board of Education on June 1,
of
.
r
Tenders
of
23
1644—were
terials-—A
revenue;
several millions
State
of.
new : source
which
amount
may
of dollars
to
LeRoy C, Smith, engineer-man¬
ager
eral
for the commission, said sev¬
attempts had been made to
•
Sleepy Eye, Minn,
were
Bond Offering—Bids" will fee re¬
ceived by Jens S. Jensen,
City Re¬
Com¬ purchase the bridge but the price corder, until May 8, at 8 p.m:, for
April set has been too high.,
j\ the purchase of $50,000 21/»% city
The bonded, indebtedness was
24.
He said the Army and Navy
hospital»bonds," according to re¬
have agreed to pay 3% sales taxes wiped out long ago, he said, and port. '
/.
on
material purchases made by the stockholders have been well
Dated June 15, 1942. Due $2,«
war contractors, /• *.
repaid for their Original; invest¬ 000 in 1945 to
\
<f V
1955, $3,000 in-1956
7J Payments will begin ' May 10 ment, '
P$/;/ 7"':a fed
$5,000. in T957" to 1961. Priiiv
Smith said that following expi¬
: and apply (to/jdl present, as well
and v int; payable at any suitable
as
future war construction con¬ ration; of the 'franchise/ he.
a
year
announced by Revenue
was
missioner Louis M. Nims
standing
;
was
reached
The agreement
Desmond
Col.
with
O'Keefe of the adjutant general's
'office of the War Department.
'
7
Federal
.
contractors
have
not
that condemnation;/ pro¬
ceedings .would be started, an|d
that eventually the bridge would
be operated tollrfree by the conipected
mission.
'\v
-
'
.
•*;
The company operated under a
paid sales taxes up to now on ma¬
terial purchased for war construc¬ .thirty-year
franchise,
althpugh
tion.
Since this type of construc¬ the present structure, which re¬
tion — the Willow Run bomber placed an earlier one, Was built
plant, Chrysler tank plant, Hud¬ in 1914. The island is also served
arsenal
son
are
notable examples
—have in recent years
engaged an
increasing proportion of the total
construction facilities in the State,
from; contractors
revenue
steadily dwindled.
-
<
has
a
concrete span at the south
end, operated by the road com¬
mission and opened in 1930. //" ]/
The supervisors also received a
resolution seeking to change the
of
name
».
,
by
the
road commission to
Supreme
County Board of/Pub¬
lic Works and ordering the neces¬
case
sary.
A
recent
decision
of the U. S.
Court in an Alabama
opened the door to the col¬
lection of such taxes by all States,
and Nims has been pressing
Mich¬
igan's demand for several weeks.
Hearings recently were held in
Detroit, attended by military exe¬
cutives, contractors and ? Deputy
Revenue
Collector ; Walter
Fi
Reddy.
'/
the Wayne
legislation prepared. .The
change was suggested because of
the commission's jurisdiction over
roads,
airports, / sewage-disposal
systems, parks and utilities, f -f;
MINNESOTA ;
Aitkin
County
,
...»
f
;
r
(P: O. Aitkin);
Minh.
i/"
informal "gentle¬
Bonds Sold—It is stated by the
man's agreement" had been in ef¬
County Auditor that $57,685 .3%
fect
with
the
contractors,
the
funding bonds.have been taken
State has not pressed its claims
by the State. Due in 1955, / ):
for
collection
during • the past
County
Consolidated!" Sich.
three years, v Under the present Cass
arrangement, Army and Navy of¬ Dist, No. 1 (P. O. ^Remer) J Mifin.
: Because
ficials
an
will pay the
current taxes
in behalf of the contractors;,
;v
No. 1, Muskegon), Mich.
,
Option Details—Francis
v
■;
Township (P. O. R. F. D.
Norton
Township
Roux,
Clerk,
<• - •'
J. Le-
reports
granted Miller,
Kenower. &
Co., Detroit, and
Juran
&
Moody, of St. Paul,
jointly, on the $190,000 water sup¬
ply system revenue bonds offered
April 14—v. 155, p. 1643—extends
to May 4, and calls for the pay¬
ment of a
price of 93 for the
that
the
bonds
■■
■
C- 7.
option
3%s.
as
Redford
j"..:\/r/
Township, Wayne County,
;■7
City Clerk. "Due
in
1943
to
sold
all
as
according
on
bids
to
the
Jan. 1; $1,700
1951, and $1,574.34 in
Mich. i;7
-Bond Offering—Sealed and
bids
will
be
received
until
oral
May
19, at 8 p.m., by W. H. Reasoner/
District Clerk, for the purchase 6f
$25,000 general obligation funding
Lewis and Clark
Co..Sch. Dist. No.
1 (P. O. Helena), Mont.
^
received
be
until
7:30
p.m.
will
Call—Marguerite B. Den¬
nis, Township -Clerk, announces
that the $35,500 refunding bonds
still outstanding of the original
issue
of $53,000,
dated Dec. 1,
April 21—v. 155,
Commissioner
Financial
Revenue
of
and
all of the tenders were
at excessive premiums and most
bidders asked prices well above
quotations received by the city a
year ago. The commissioners, also
on April 23,. approved the issuance
Finance,
of $282,000 new
city bonds.
A
A
■
■..
_
.
Bellmawr, N. J.
;
/Bond
Offering
—-
Andrew
C.
Levy, Borough Clerk, will receive
sealed
bids
until
8
p,m.
(EWTj
on
on
May <7, for the purchase of
by J. F. McBride, Dis¬
$45,000 not to exceed 3% interest
trict Clerk, for the purchase of
coupon sewer bonds. Dated March
$100, 205.50 refunding bonds. "In¬
1, 1942. Denom. $500. Due $1,500
bank or trust company, designated
terest rate is not to exceed.3%,
on
March 1 "from 1943 to 1972
by the purchaser. All bids are to payable J-J. Dated July 1, 1942.
incl. Bidder to name a single rate
be/unconditional. The city will
Amortization bonds will be the
of interest, expressed in a multi¬
furnish the printed bonds and the first choice and serial bonds will
approving; * opinion ; of Fletcher, be the second choice of the School ple of V4 or l/10th of 1%. Prin.
and
int.
(M-S)Z payable at the
Dorsey, Barker, Colman & Bar¬ Board. If amortization bonds are
Haddonfield National Bank, Hadber/of r Minneapolis, without cost sold and
issued, the entire issue donfield. Each
proposal must state
to/the purchaser,
may be put into one single bond
the amount bid
for the bonds,
or
divided into several bonds, as
which shall be not less than $45,^Virginia School District (A O* I the Board of Trustees
may deter¬
000
nor
more
than $45,500.
] / .{//ViVfiniaj, Minn. 1.
A
mine upon* at the; time of sale,
4 Correction — J.
S.
Brandt,
certified check for $900, payable
both principal and interest to be
Assistant Clerk of the Board of
to order of the borough, is re¬
Education, states the report in a payable in semi-annual install-r quired. In the event that prior to
ments during the period of 15
previous; issue, that an election
the delivery of the bonds the in¬
If
had been called for May 19, to years from the date of issue.
come received by private holders
serial bonds are issued and sold
Submit; to the voters an issue of
from bonds of the same type and
$6,685.50 will become payable on
$77;476; refunding bonds/ was er-*
character shall be taxable by the
the first day of July,
1943, and terms of any Federal income tax
roneous;'
' :•
;
;' ■ ■ 1
•:
'•
i; the sum of $6,680.00 will become
law, the successful bidder may,
:
Zipni:(P. O. St.; Cloud), Minn.
payable on the same day1 each at his
election, be relieved of his
k Bond Sale Details-;—We are iriyear thereafter until all of such
fprHed:dhaf the; $22^)00 road and bonds are paid. The said bonds: obligations under the contract to
purchase the bonds and in such
bridge,/ general obligation bonds whether amortization
or
seriai
case the deposit accompanying his
sold to Piper, Jaffray < & Hopwood
bonds; will be redeemable in full' bid will fee returned.
of/Minneapolis,! as noted here-4- on any interest payment date
V. .155,; p. .1643—were purchased from
and after 7V2
Elizabeth, N. J. V
'
years
from
as •: 1 z/i s, / paying
a premium of date of issue. The bonds will be
Proposed Bond Issue—The City
$124.52, equal to. 100.566. Coupon sold for not less than their par Council has
passed on first read¬
bonds, dated April 1, 1942. Due value with accrued interest, and
ing an ordinance to issue $43,500
serially - from 1944' to 1955 incl. all bidders must state the lowest
public improvement bonds. Interest payable A-O. '
rate of interest at which they will
Elmer, N. J. /
purchase the bonds at par.; The
Proposed Water Plant Purchase
I
MISSISSIPPI; Board of Trustees reserves the
—The Borough Council recently
Clarksdale, Miss, k .
right to re j ect any and all bids
/ Bond Sale Details —The City and to sell the said bonds at pri¬ received a proposal providing for
municipal purchase of the Elmer
Clerk now states that the $90,000 vate /sale.
Enclose / a
certified
Water
Company from the pro¬
refunding bonds sold to Lewis & check for $5,000, payable to the
ceeds of a $37,000 bond issue, ac¬
Co. of Jackson, as 2Vis, at 100.555, District Clerk..;
cording to report. /
as noted here Feb. 24, are
dated
May 21,
,
.
.
-
'
-
Interest rate is not to ex¬
March
y
"
March
-
:
-
.
Treasurer, is required.A
Patent'
/r ? // t y1947, and $2,000
in 1948 to 1950/^ paring for sale the
$60,000 ; air- the warrants hereafter, the regisHerbertDSeibertEdiAorand
(Reg. U. S.
Office) William B.' DanaCompany. Publishers, 25 Spruce Street New York, BEekman 3-3341
Seibert, President: William D. Riggsr Business- Manager.. Published twice a week [every Thursday .{general news and advertising issue) with a
offices: Chicago—In charge of Fred' H. Gray, Western Representative, FieldiBuilding (Telephone State 0613). London—Edwards & Smith, 1 Drapers Gardens London,
B. Dana Company.
Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of
1879 Subscriptions in
$26.00 per year; in Dominion of Canada, $27.50 per year. South and Central America, Spain, Mexico and Cuba, $29.50 per yeas^J>reat BMtain, Continental Europe
and Africa, $31.00 per year. NOTE:'On account of the fluctuations in the-rates of exchange, remittances for foreign subscriptions and advertisements must be
and
Dana
pur¬
p.
NEBRASKA
;
' j
1,71942, and mature on "T-Vs/i
Fort Lee, N. J.
•"•'■X'"
' 7*''-V- " *
'Z1 //;. •".//-•/';
..i-1; $2,000 in 1943 to 1947,
Seeks Tenders Of Interest War¬
rAinsworth, Neb.
w
'
ceed 5%,/payable J-Da Denom.
and $5,000 in 1948 to
\ 1963. Prin.
Bond
Sale
Postponed — City rants—The Board of Liquidation
$1,000. Dated June 1, 1942.- Due and int.
(M-S) payable at the Clerk W. A. Sawyers states that in a letter addressed to holders
on
Dec. 1, as follows:
$2,000 i!n
Chemical Bank & Trust Co., New
the sale of $8,500 aijrport bonds, of interest funding warrants of
1943, $1,000 in 1944 to 1956, $3,000 York.
/ #/ / ' / 4 v
which
had
been
scheduled for the borough has announced that
in 1957 and 1958, and' $4,000 in
it
has
available
approximately
<
1959.
Prin. and int.- payable tat Grenada County (P. 0.: Grenada), April 24; was postponed.....
$15,000 for the purchase of such
.V
>:• Miss.
7 ■' 70:]/] 7-7|'v
any suitable bank or trust com¬
Alexandria, Neb.
warrants to the lowest price of¬
Bonds
Sold—It
is
stated by
pany in the State, designated- by
Bonds Authorized—We under¬
fered. The Board advises that it
the bidders Issued under the au¬ John P. Pressgrove, Clerk of the stand
: that
an 7 ordinance
was will receive sealed offers from
thority of a law set forth in Chap¬ Chancery Court, that $12,500 2% passed recently by the Board of
holders
desiring
to
dispose of
ter 331, Minnesota Laws of 1927. semi-ann. airport bonds have been Trustees
calling for the issuance their warrants up to 3 p.m. on
The
bidder : shall
furnish /the purchased ' at par by the Union of
$11,000 refunding bonds.
May 13, at 1011 Palisades Ave.,
bonds and such legal opinion as Planters National Bank & Trust
Fort Lee, N. J.
The letter also
;
Beatrice, Neb.
; /
!
shall be desired by him at his own Co. of r Memphis.
Dated Feb. 2,
Bond Issuance Contemplated— pointed out that for the purpose
expense.
A • certified •< check- ? for 1942. > Due on Feb.5 2; $500 in
of paying semi-annual interest on
$1,000, payable tothe- District 1943 to 1945, $2,000 in 1946, $3,000, City officials are said to be prebonds.
"
Commercial
to
-
Bond
William
offers
that
1461. Ac¬
cording to Horace K. Robertson,
on
;/F
Bond Offering—Sealed bids
pursuant
chase securities would be received
A-
1952.
Board
bonds which were
to the
an¬
city
submitted
nouncement
on
.
tracts, Nims said.
not
rejected,
Rejected—The
City Commissioners on April
rejected all tenders of out¬
—
.
:
Bayonne, N. J.
•'
;
ft
NEW JERSEY
Chronicle
statistical issue on Monday J.. otner .
E.C. Copyright 1942 by^William
N
(except Spam), Asia, Australia.
madean New *orK i,unas.
, .Si
■
'
1
•
•
t
•
,
X '
->
:
5
•
v
Legal Cortlandt (P. ; O. Croton-On-Hud~ bill effective in 1944 instead of at ployrrient - insurance eligibles. ,&*>
the coming • Congressional elec¬
Established State aid for kin¬
May 20 and Nov. 20, so that such opinion of Hawkins, Delafield & H//// //;>/• son), N.Y:.r:/:. -(•;
interest checks may be received Longfellow of New York City will ; Bond Sale—The $353,500 cou¬ tions;... ^Even then,!: the combined dergartens and restored full State
tration books will be
township, is required.
the
closed as of
furnished
by
be
:
June'1
der.
;
the Board and was made
warrant holders promptly on
and Dec. 1.
This is for
the first call for tenders issued by
;■
These
issued
be
call
purchase
vate
bonds
from
holders
by pri¬
of the
shall be
by the terms of any Fed¬
type and character
same
taxable
the Board
of the
prior to the delivery
bonds the income received
whenever ' the
amount of cash held by
the
that
bond¬
provide that such
refunding contract with its
holders.'
of payment
price. In event
crued interest to date
of
pursuant
provisions of the borough's
to the
successful bid¬
the
Purchaser also must pay ac¬
Liquidation represents an ex¬ eral income tax law, the success¬
cess
of
$15,000
above require¬ ful bidder may, at his election, be
ments for one full year's operat¬ relieved of his obligations under
the contract to purchase the bonds
ing exchanges and the next six
months' interest charges.-,It is re¬ and in such case the deposit ac¬
of
ported that the Board 'may have
to make additional calls prior to
companying "his bid will be re¬
turned..^: /////■U- ■/!
due to the
Bond Call—Robert V. Peabody,
this
of
1
Dec.
year,
of greatly
likelihood
accelerated Township Clerk,
in line with the
borough's close proximity to a
number of large industries holdsales of property
ing substantial war contracts and
requiring increasing personnel..
Township (P. O. Tren-
Hamilton
ton), N.: J.
Proposed Bond Issue — Ordi¬
nance calling for an issue of $5,-
police station bonds will re¬
ceive final reading on May 5.
000
Kearny, N. J.
the
Council recently ' passed on final
reading ordinances authorizing is-f
sues
of $71,250 street
improve¬
ment and $10,450 fire department
bonds.
County (P. O. New
Brunswick), JV. J.
Middlesex
Authorized—The Board
of Freeholders has passed on final
reading an ordinance calling for
an issue of $60,000 improvement
bonds in connection with PWA
bonds of the issue dated
1, 1935, and due Dec. 1
from 1951 to 1954 incl., will be
ing
redeemed
on
Monmouth County (P. O. Freem
hold), N.J.
Notes Authorized — The Board
of Freeholders recently voted to
borrow $100,000 on
2M>% tax an¬
ticipation' notes to meet current
budgetary requirements.
to
Hornblower
erships had to furnish the needed
votes.
&
York, as- 1.20s, at '//The Assembly passed bills ef¬
price of 100.059, a basis of about fective-in 1942,and 1944, leaving it
1.18%.- Dated May 15,' 1942;; and up to the Senate.- tThe Senate
due May 15, as follows: $83,500 in killed the 1942 bill in committee
1943," and $90,000 " from 1944 to and adopted^^ the^l94f^bill/;t /
1946 incl. Other bids:*" " Major accomplishments of the
*
Ink Rate Rate Bid legislative ^ session f jncl]udied /thq
Hemphill, Noyes & Co. and
;■
following:''
><«•.
\ t
Stroud
&
Co..,...........
Ji/4%
' 100.079
of New
Weeks
a
-
•
aid for: education.■
<
;
,.7
Enacted Gongressional reappor¬
5
tionment; effective in 1944, and
defeated .-legislative^ reapportion¬
adopted for first time
ment,:. Also
constitutional amendment which
a
would ;Vr increase i
the
Assembly
membership if the Senate is in¬
creased.
"
/v//!/;;///!!///
Established fair trade and price
regulations for liquor trade.
'
Marine Trust Co. of-Buffalo
i
Legalized sale of beer on Sun¬
-;•
Defense• v•. •,■ /
and R. D. White & Co...
1.30%
100.02day, for Off-premises consumption.
Halsey, Stuart & Co., Inc../; 1.40%
100.088
*[. Created State war- council and
Manufacturers-.-. &
Traders
y
yX-; i
welfare
commissioners
local war councils, replacing pres¬ X Gave
Trust Co. and George B;
; *
refuse.. home .relief to
( Gibbons & Co.;(Inc.w;... 4»/2%'
ent defense councils, and having right :.to
f 100.146
persons, who
refuse
to
accept
Note
SalerLHemphUl^'j4d^est''&; broad powers 4n^ civilian dOferisfe, work, even if the jobs offered are
Co. of New York purchased oh blackout^^ enforcements,-^etbci;/;
.•
x*%./
Set up of machinery for care away, from home.
April 28 an issue of $250,000 ta*x
//Continued adolescents courts in
notes at 1% interest.
Dated May and feeding in bombed and in¬
Kings and Queens Counties for
1, 1942. Due Dec. 15, 1942/ Legal-" vaded ^^ areas ^vand ior- mutual /aid
another year, but defeated
gen¬
ity approved by Dillon, Vandd- among / communities,vi including
eral adolescents court legislation.
water & Moore qf New
pooling of water, police and fire.
..
,
,
.
.
.
.
.
Yprk City.
June 1, 1942, at par
fighting resources/*
^
Long Beach, N. Y.
!
at the Penn¬
/ Waived ' maximum;: hour ^pro¬
Bondholders Favored In Ruling visions to.
sauken Township National Bank,
speed war production,
North Merchantville,
or
at the —A decision of the Appellate Di¬ under certain circumstances, and
holder's option, at the Philadel¬ vision, second department, in the waived 40-hour Week; on public
•
;
phia National Bank, Philadelphia, case of Snell vs. City of Long works;
Enacted bill to permit closer
upon presentation of the bonds Beach, N. Y., dated March, 1942/
together with June 1, 1942, and unanimously affirms judgment of guarding of war production areas,
the Supreme Court in favor of
subsequent coupons:
including shipyards and piers, v
Amended Labor Relations Law
to
r permit
bargaining by "multi-1
pie. employer!!, units, and also to
protect papers and information-of
State
Labor Board from court
or
departmental subpoena.
*
holders
Maturing Dec. 1, 1951
bonds
of
in
special
default
assessment
to
as
to
Maturing Dec.-1, 1952
D261, 1594 to 1630 incl., 1691 to
1727 to 1738 incl., 1741
Mattituck), S out hold, N. Y,
Bonds Voted—At
to 1743 incl.
Maturing Dec. 1,
1953
1771. to 1776
incl., 1793 and 1794, 1796, 1822 to
1826 incl., 1887 to 1890 incl., 1893
to 1922 incl., 1937 to 1942 incl.
an
election
40-mile speed
a
limit
on
highways, to conserve tires, cars
and gasoline.
Provided for absentee voting
by soldiers and sailors by advanc¬
ing primary election dates.
Provided for the surrendering
of
by
arms
aliens;
enemy
and
Suspended
r
7 the
were
awarded to the First Na¬
tional Bank of
Chicago, as 1.30s, at
price of 100.188, a basis of about
Sale consisted of: /
$150,000 series of 1942 general
refunding bonds. Due May 1,
as
follows: $5,000 from 1943
a
1.28 %.
to 1946 incl. and
$10,000 from
1947 to 1959 incl.
permit
on
50,000 series I home relief, gen¬
eral bonds of 1942. Due $5,000
on May 1 from 1943 to 1952
incl.
voters
,:V;
All of the bonds will be dated
.
-.
coupon
registered bonds offered April
30
prison-
ban
on
articles to
manufactured
$200,000
or
/
prison
labor
to
make
goods
approved an heeded for war.
issue of $30,000 park purchase and
Waived for members of the
improvement bonds.
'.
armed
forces
24 hour waiting
New York (State of)
period between issuance of mar¬
Surpluses For Two Years In¬ riage license and the ceremony.
April
Poughkeepsie, N. Y.
Bond Sale—The
barred enemy aliens from control
of radio stations.
Mattituck Park District (P. O.
1725 incl.,
Fixed
principal
D248, incl., D251 and and
interest, according to report.
D252, 1434, 1438 to 1442, incl., 1444 The
decision, it was said, held that
to 1446 incl., 1450, 1452 to 1454
the city was grossly delinquent
incl., 1481, 1543 to 1545 incl., 1547, under its obligations to levy and
1551 and 1552, 1554 to 1558 incl.,
collect assessments to meet ma¬
1561, 1569 to 1571 incl., 1573, 1581
turing
principal
and - interest
to 1584 incl., 1586, 1590 and 1591.
charges.
D243
1766 to 1769 incl.,:
-
awarded
were
Republican and Democratic lead¬
registered funding bonds
April 23—V. 155, p. 1563—
or
and accrued interest,
Bonds
project.
that
March
Authorized —The Town
Bonds
announces
following number of refund¬
pon
offered
May 1, 1942. Denom. $1,000. Prin¬
cipal and interest (M-N) payable
the
at
Fallkill
National
Bank
&
Increased size of State Guard Trust Co., Poughkeepsie, or at the
dicated—According to a statement
Chase National Bank, New York
to defend Long Island shore.
D301, 1948 to 1980 incl., 2041 to issued April 25 by Assemblyman
Abbott Low Moffatt, Chairman of
Adopted broad junior aviation City. Legality approved by Haw¬
208Q incl., 2084 to 2105 incl.
;
the Ways and Means Committee, training program!/ through "pre- kins, Delafield & Longfellow of
Each of the aforesaid bonds is
New York City.
«
the State's budget surplus for the flight" training in the secondary
in the denomination of $1,000, ex¬
Maturing Dec. 1,
1954
,
'
Montclair, NJ.
current fiscal year ending June schools.
cept
bonds numbered D243
to
/
Financial
x
Proposed Debt Refunding ~A
30, 1942, probably will be $22,-<
D248, both inclusive, D251, D252,
proposal to refinance $1,090,000
Reduced State income tax by
D261 and D301, which are each in 175,000 instead of the $15,466,000
of bonds, maturing from 1943 to
estimated by Governor; Herbert H/ 25
%, effective this year and next.
the denomination of $500.
1948 incl., over a period of about
Set up system of quarterly in¬
Lehman, and about $11,300,000 for
16
years
through a
refunding
the next fiscal year, as against the stallment
Ridgeheld, N. J.
payments
of
income
operation will be considered at a
Bond Offering — Otto Ehrlich, Governor's estimate of $2,500,000. taxes, effective next year.
public hearing on May 12.
The Borough Clerk, will receive sealed These surpluses will be possible,
Postponed until after war of
proceeds of the refunding bonds bids until 8:30 p.m. (EWT) on it was said, despite a 25% reduc¬ all
major capital outlays, and
would be invested temporarily in May 5 for the purchase of $17,000 tion in income tax and other tax created a
post-war planning fund
,*
.
..
.
T
war
bonds
or
other Federal issues.
subject to approval
by the State Funding Commission
The
plan
and
it
R.
is
is
understood that Walter
(Darby,
and
other
State
officials
Commissioner,
are
aiding in
working out the necessary details.
not to exceed 6%
interest coupon
registered public improvement
bonds. Dated May 1, 1942. Denom.
or
$1,000.
Due $1,000 on May 1 from
Bidder to name
1943 .to 1959 incl.
single rate of interest, expressed
a
multiple of
or l/10th of
1%.
Prin. and int.. (M-N) pay¬
a
in
it is pointed out, has ef¬
fected a debt reduction of $2,848,- able at the
Ridgefield National
635 during the years 1936 to 1941
Bank, Ridgefield. The price for
and further reductions are con¬ which the bonds
may be sold can¬
templated even though the pro¬ not
exceed
$18,000.
Purchaser
posed refunding operation is com¬ must pay accrued interest from
pleted. The plan, it was said, con¬ date of the bonds to the date of
templates an issue of $975,000 gen¬ delivery.
A certified check for
eral refunding bonds to pay off
$350, payable to order of the bor¬
The city,
maturities, as follows: 1943, $225,000; 1944, $190,000; 1945, $170,000;
ough, is required. The bonds are
unlimited tax obligations of the
1946, $145,000; 1947, $140,000; 1948, borough and the approving legal
$100,000.
It
also
provides for opinion of Reed, Hoyt, Washburn
$120,000 water refunding bonds & Clay of New York City will be
to provide for maturities, as fol¬ furnished the successful bidder.
lows: 1943, $39,000; 1944, $35,000;
Woodbury, N. J.
1945, $31,000; 1946, $15,000.
Proposed Bond Issue—The City
Pennsauken Township (P. O.
Council passed on first reading
Pennsauken), N. J.
an ordinance to issue $12,000 fire
Bond Offering—Robert V. Peaequipment bonds.
*
body, Township Clerk, will re¬
sealed
bids
until
9
p.m.
(war time) on May 7 for the pur¬
of $250,000 not to exceed
NEW
•/
'•/''iv»v
4%
interest coupon or
registered
bonds. Dated June 1,
1941.
Denom.' $1,000.
Due $50,000 on Dec. 1 from 1954 to 1958
incl. Bidder to name a single rate
of interest for all of the bonds,
expressed in a multiple of % or
l/10th of 1%. Prin. and int. (J-D)
H'. i'-
'
.'//■
V: •!!. •?*'%' v.'''
Bonds Authorized—It is
ed
that
the
Commission
State
Public
report¬
Service
authorized
the above town to refund $54,000
51/2%
water
revenue
bonds at
4&%.j:
M
recently
double tax
The
elimination
of
odd lot stock trans¬
on
actions will reduce State
revenues
by $1,000,000. The comparison of
the surplus
figures is based on
estimates submitted to the
lature
Mr.
what Mr.
on
Lehman last Jan¬
and the difference is based
uary,
is
by
Legis¬
an
Moffatt is
improved trend in
informed
revenue
collections.
j.
"While it is
enues
this
clear that
now
rev¬
current
year will be
higher I than
esti¬
considerably
'
Adopted Moffat local finance
law* re-codifying and re-writing
C. F.
Co.
Childs
and
borrowing.1
cality spending and
Changed State's fiscal year, ef¬
fective next year, to start April 1
instead of j July l.
»
Eliminated last vestiges
•
real
estate " tax
armory tax.
/
/ !
'/ Increased State's share of parimutuel revenues from 5 to 6%.
Increased
aried
for
pay
employes
of
sal¬
institu¬
light of
year
conditions.
war
endeavored
next
to
retain
in the
increment law»»
We have
a
Revised city's
surplus for the state so as to
that emergency
any unexpected
drop in
gency expenses
revenues, thus insuring a preser¬
are included in
vation of the 25% reduction in the
tial
absorb
income tax."
Mr. Moffatt
■
;v,j
explained that
1
some
of the taxes in which a drop Was
actually running
ahead of last year's figures arid
are
that the motor fuel levy this year
despite rationing, probably
exceed $60,000,000 instead of the
will,
>
\
" :■;
revenues
usable
/
!
;
subject
Council
Estimate
may
;of ' referendum
so
orders.;
be made
if
,
City
/
"L"
by Jarema Bill to per¬
$57,000,000 estimated by the Gov¬
mit assessment of part of cost on
ernor. "/
;
Legislative
Session
Ends—The
Legislature adjourned its 1942 ses¬
sion "sine die" on April 24, after
local
area
affected.
Permitted teachers to be shifted
from
bonds
to
unpaid
the
cover
assessments
of
$635,000, and to liqui¬
several
years—v.
155, p. 974—has been
approved by the State Assembly
and forwarded for Senate con¬
date the deficiency within
sideration
r
Syracuse Housing Authority
Syracuse) w
■
Bond
Offering
Grimm, Secretary,
sealed
bids
will
Sergei
N.
announces
that
—
be
teaching subject to
other to save their jobs.
one
posed to be refunded
to
aid
received
at
an¬
in
were
issued
financing the cost and
of the housing author¬
project designated "Pioneer
Homes, USHA-aided project NYexpense
ity's
1-1"
scribe
Sped demolition of Second Ave¬
nue
or
accumulated
>
sudden /increase
in
subway, fare :by providing - that
any; increase
proposed by the
of
authorizing the city to is¬
notes
sue
the
Bills
/ Checked
Board
Funding Legislation Considered
—A bill
Authority's offices, 301 East
Washington St., Syracuse, until
tax structure so
10 a.m. (EWT) on May 7, for the
taxes and emerr
purchase of $4,348,000 series A,
for home relief
first issue, refunding bonds. The
the budget, with
bonds now outstanding and pro¬
for any purpose.
New! York f City
substan¬
•
lowest
State
budget;" tions, at the rate of $100 a year,
Moffatt-said, "Ivshare the until they are bound in under
Governor's apprehension of reve¬
Feld-Hamilton mandatory salary
collections
Col, Inc., 100.218.
Schenectady, N.Y.
deficit
of State
eliminating
by
Mr.
nue
Stuart &
intricate provisions relating to lo¬
mated in the Governor's
V^'/^
NEW YORK
Co. and Spencer Trask .& Co.,
jointly, 1.30s, 100.079; (for 1.40s)
.
units.
local
expected
Taos, N. Me*.
chase
refunding
MEXICO
Hemphil,, Noyes&
& Co., Sherwood &
Newburger, Loeb & Co.,
100.38; Union Securities Corp. and
Equitable Securities Corp., jointly,
100.339; White, Weld. & Co. and
Coffin & Burr, jointly, 100.279;
Kidder* Peabody & Co. and B. J.
Van Ingen &. Co., Inc.,.Jointly,
reductions as well as the assump¬ and commission to set in motion
100.277; Harris Trust & Savings
tion by the State of the $2,000,000
public/ works program right after
Bank, New York, 100.239; Halsey,
armory
tax formerly borne by the war.
*
ceive
Other bids:
.
•
Each
serial
proposal
must
maturities
for
pre¬
re¬
funding bonds beginning Aug. 15,
1942,- and ending not later than
Aug. 15, 1997. Such annual ma¬
.
turities shall be so arranged that
they shall, together with the an¬
nual interest charges on the re¬
funding bonds determined in the
bill for Congressional re¬
Permitted a foreign trade zone
manner hereinafter
Proposed
Refunding
Issue — apportionment, effective in 1944.
prescribed, be
to be set up in Manhattan.
equal, or as near equal as possible
National Bank, Philadelphia. Each John M. Smith, County Treasurer, This session, which had devoted
General
.;/, j.
without exceeding
County its efforts mainly to defense leg¬
$156,100, the
proposal must state the amount was authorized by the
Extended unemployment insur¬ amount of the annual contribution
bid for the bonds, which shall be Board of Supervisors to apply to islation, came to the Congressional
contracted to be made by the Fed¬
ance
benefits
to
not less than $250,000 nor more the State Comptroller for permis-' redistricting issue with a situation
partly unem¬
than $251,000.
A certified check sion to issue $633,000 refunding I in which, to assure enough votes ployed,
with greater payments, eral Public Housing Authority to
for
for a longer time, to all unem- the Authority under and subject
bonds.
for action this year, it turned to a
$5,000, payable to order of
payable at the Pennsauken Town¬
ship National Bank, North Merchantville, or at the Philadelohia
Albany County (P. O. Albany),
N.
Y.
passing
a
.
Volume, 155
to
Number 4069
<
the terms of
THE COMMERCIAL & FINANCIAL CHRONICLE
contract known
a
resolution authorizing the refund-
County Board of Commissioners^ in part in inverse numerical order
as? "Assistance Contract,to,which' ing
that -the road and bridge refund¬
contract reference
ing"- bonds,\ datedJune 1/" 1937,
payable June 1, 1958, are being
bonds, the annual; contribu¬
so' pledged shall, be applied
complete statement of the terms, first to5'the--payment" Of;: interest
and conditions subject> to ' which
and; principal as the, same" mar
the payments of such annua! con¬ ture on the* Series B bonds.; •v
7.
tributions are to be made,
I In the event that prior to the
^ ^
<■
if Each* proposal shall offer; to delivery of the Series A bonds
!
purchase
is
made for
tions
a
the
Series A bonds, at a
price of not less than par and ac-
».
crued
as
interest to the date
turing in the
1942
years
to
.
„
are
requested
to
?-•
i
Chase
agencies in con¬
housing or
clearance; projects shall be
taxable by- the terms' of any Fed¬
J
/
■
♦
1979
any
eral
income, tax
'law
NORTH
hereafter
i
■
bqnds, including not lesS than the enacted,
?
the
successful
bidder
DAKOTA
-
-
-
,
'
—
.if:the
sued to the FPHA.
of the Authority
bonds
to
refund
The resolution
.1
the
terest coupon or
outstanding
Additional
bonds to
follow:
mature
that the latest estimated development cost of the housing project
exceeded.
If
mentioned Series B bonds
the
annual
amount
of such
bonds
additional
Due
r
con¬
bonds
shall
of
be
in
: 1943
official
Denom.
on
May
as
bonds.
rate
tion
ing 'the date of their
principal and interest on
said bonds will be payable at the
principal office of the Lincoln
Both
in
multiple of
a
V\
or
New
.,
able
.
dated
Savings Bank & Trust Co., Cin¬
cinnati:
1,
l/10th of
The bonds
$20,000 2s.
$15,000 in 1945 to 1952 incl. / V
120,000 sewer extension bonds. '
Due $15,000 in 1945 to 1952
J
(P. Oi Amherst),
incl.
Allsop,
95,000
playground
improvement bonds.
May 1, 1942. Denom. $100.
Oct. 1 from-1942 to
1951 incl. Bidder may name a dif¬
ferent rate of interest, expressed
in multiples of % of 1%. Inter¬
certified
check
and
::
Due $100 on
A
Due
5;
Dated
A-O.
fire
department bonds. *
$12,000 in 1945 to 1951,
$11,000 in 1952. *
33,000 hospital repair bonds. Due
$4,000 in 1945 to 1951, and /
$5,000 in 1952.
55,000 hospital building addition \
Village Clerk, will receive sealed
bids until noon on May 9 for the
purchase of $1,000 4% park and
bonds.
Due $7,000 in 1945 to
1951, and $6,000 in 1952.
22,000 hospital (colored) bonds.
Due $3,000 in 1945 to
1951,
for
$50, payable to order of the vil¬
lage, is required.
and
;
$1,000 in 1952.
Oklahoma County
Toledo, Ohio
Offering — Rudy
may
called for payment on July 1,
1942, at the Irving Trust Co., New
York City, or at the Provident
are
•
\Z_Vz % bonds,! dated July
1902,
July
payable 1965, optional
1942, in the principal
1,
amount of
$480,000, to wit: regis¬
AHZ-9, AHZ-12,
AHZ-14, and AHZ-15;
tered bonds Nos.
exchange.
Registerto principal and interest
and not otherwise.
equipment
1
account
-
York
as
fire
.
the First National Bank & Trust
■
1%. Prin. and int. (M-N) payable
at the City Treasurer's office, with
Company
of Syracuse, the Fiscal Agent of
the Authority(or at? the prin¬
cipal office
of
any
successor
Fiscal Agent appointed pursuant
$15,000
is¬
dated
Ohio
est
elec¬
an
Muskogee, Okla.
(P. O. Okla¬
homa City), Okla.
Klein,
Bond Offering Details^—In con¬
Cincinnati, Ohio
City Auditor, will receive sealed nection
with the offering sched¬
Bond Call—Arnold E. Majoew- bids until noon on
May 19 for the uled for
May 5, of the $1,225,000
sky, Secretairy of the Board of purchase of $104,000 3% coupon
road bonds—v. 155, p. 1645—it is
Sinking Fund Trustees, announces street improvement bonds. Dated
stated
by County Clerk Helen
that the following described City
July 1, 1942. Denom. $1,000.
Due Nix that
they are due1 $55,000
of Cincinnati, Southern Railway
$26,000 ;on Jan. 1 from 1944 to from 1945 to
1966, and $15,000 in
terminal and
betterment
bonds
1947 incl.
Bidder
May 1, 1942. Bidder to name a
single rate of J interest: expressed
& Trust
of
~
recent
a
authorized
be
Offering—Harold
Bond
One bond for $573.78,
preced¬ vf-.i 1952 inch- 7i,<
AH of the bonds will be
delivery.
voters
of
1942.
an
Bond
bonds.
and $10,000 from, i944 to 1947
* incl.7
>
»
^
200,000 home relief bonds.
Due
$20,000 on May 1 from 1943 to
payable
15 from the in¬
the
sue;
}
sale' notice
Township (P. O. Bed¬
ford ), Ohio
1
or
prescribed in
preliminary to the issu¬
of the bonds in the fall.
Bonds Voted—At
.as
and
The board's ap¬
step as a
technical
a
Bedford
bonds.
tax
terest payment date next
National Bank
ance
others $1,000 each. Due May 1
follows: $9,573.78 in 1943
the de¬
is
to 1947 incl, 7 77
delinquent
principal maturing in
Bank
bonds will
The
—
necessary
$1,000.
1 from
lows: $12,763.94 in -1943 and
$14,000 from 1944 to 1947 incl.
49,573.78 delinquent county tax
•
the
proval
1,
was
100.51 for
Tax
the present year.
and
One bond for $763.94, others
$1,000 each. Due May 1 as fol¬
Series
each
shall bear interest at the
Feb. 15 and Aug.
incl.
of
the
South Amherst
Authorized
Board
tion of bond
>
$1,000
rates determined
$34,000
68,763.94
delivered.
nomination
bonds.
ment
: All
pf said refunding bonds
shall be dated Feb. 15, 1940. Se¬
ries A
to? 1947
1943
V
Appeals re¬
cently authorized the city to issue
$964,000 bonds to refund that por¬
Denom.
$1,000.
follows: $13,000
as
from
tracted to be made by the FPHA
will be increased by ZVz % of the
B
bonds.
Due May 1
be de¬
contribution
State
$11,000 from 1948 to 1952 incl.
170,000 series B public improve¬
livered, the above stated amount
of
ment
of the last-
any
Refunding
offering
.,7/\
$120,000 series A public improve¬
in the year 1997, which Series B
bonds will be issued and sold only
;;
in
the event and to the extent
be
registered bonds.
details of the
Columbus,
of
National
Second high bid¬ Co.,
the
Commercial
National 1
composed of Bank, and the Citizens National
Charles A. Hinsch & Co., Ryan. Bank, all of
Muskogee, on a bid
SutherlandCo. and Hawley, equal
to
1.468 % ;; interest ; cost ■ •
basis:
" '
;
Shepard & Co., which offered to
pay 101.152 for $167,000 2!/4S and $120,000 water works bonds. Due '
der
Emergency
Akron, Okio
Blackwell, Okla.
•.
Portsmouth, jointly, as PAs,
j Bond Sale — The following
at par. Due Oct. 1 as follows:
bonds, aggregating $445,000, of¬
$2,000 from 1943 to 1949 incl. fered for sale on April 27—v.,
.155,
and $3,000 in 1950 and 1951. ' p. 1645—were awarded
jointly to
April
OHIO
purchase;of
/'
„
1940,
*' :
.
:
Co.
the
All of
(EWT)
noon
authorizing the $608,337,72 not to exceed 4% in¬
bonds in amount of $4,348,000 will
an additional
$90,-
000 in Series B
until
May:/7 for the
on
also authorize
>
Fund,
Nelson, City Poor Relief.
ceived by Thomas J.
Comptroller,
and will be is¬
Ohio
and
.
the rate of 3%
OKLAHOMA
<
Lahr,.Doll & Isphording, Weil,
Bonds
Sold—City Clerk Carl Roth &. Irving Co. and the
Randall states that
$150,000 air- i ^ Provident Savings Bank &
port of 1942 bonds were offered >
|
Trust Co., all of Cincinnati, as on
April 24 and were purchased 2V4S, at a price of 101.29, a
by R. J. Edwards, Inc., of Okla- i
;
; basis of about 2.088%.
Due homa
City, at par, giving a net
Oct. 1 as follows: $17,000 from
interest
cost ; of
about
1.47 % .<
| ■ 1946 to 1952 incl. and $16,000 Dated April 15, 1942. - Due on ;
/•
!,? from 1953 to 1955 incl.
; '
April 15; $18,000 in 1945 to 1951, I
.20,000 delinquent tax bonds to and
$24,000 in 1952/
c
.
at
"
;
as
•
..
1
.
-
,
Series B bonds shall bear interest
v.
building
November,
'
relieved
t Warrants
Called
County
the con¬
Proposals may not offer to purTreasurer, L. M. Husby, states that
tract to purchase/the bonds and
chase less thaii air ;of; the Series
the ;. following
warrants
were
A. bonds maturing' in any one in such; case the deposit accom¬ /called for
payment on April 10:;,
panying his: bid will be returned.
year. Any of the above maturities,
/ General Fund, registered from
1 The
opinion of Caldwell; Mar¬ Jan.
.u^on which * proposals.% for pur*
l,;to April 10,1942.
t chase
as Series
Trimble -and Mitchell,, of
A bonds are re¬ shall,
I Poor Relief Fund: registered
New York f City, approving the
quested, which: are ^
from Jan. i, to April 10, 1942. v"
as
j Series A bonds, will become, to¬ yialidity of the .Series .A bonds
j All warrants registered prior to.
gether with all maturities on and will be delivered to the purchaser April
10, 1942, as follows:;
after 1980, Series B bonds: *. Each without charge. ^J
i General
Fund, 1938, Emergency
proposal shall prescribe the rate
; Utica, N. Y.V
* '
Poor, Relief.:-r,Vl■•
or
rates of interest to
vbe borne ;; Bond Offering Details—As re¬ ; | Poor Relief Fund, 1939, Emer¬
by the Series A bonds designated ported in .our issue, of April 27, gency Poor Relief, v.
iA the offer- of purchase. -The page 1644, sealed bids will; be re¬ J Fair
■
school
!
:
N. Dak.
may: at his election, be
of his obligations under
first 30 maturities ,(1942 to 1971).
,
Sale—The
$167,000 refunding bonds to Van-
-
Ward County (P. 0,' Minot),
$234,000
bonds approved at the
1725
1941, general election, will prob¬
ably be acted upon by the Board
at its next
meeting on May 4.—
cou¬
V. 155, p. 1370.
24—
'Portsmouth, Ohio
..
Bond
follows:
National
1942.
v
issuing
Interest
,
present
Bank; New York
City. Interest teases on June: 1,
nection "with low-rent
1, 1947.
-f'v•" **
$187,000
pon , bonds
offered
April
v. 155, p. 1463 — were awarded
Holders
bonds
with all unmatured interest cou¬
pons attached for payment at the
by private
bonds1 issued: by
after Dec.
or
'j ->:•
1, at
slum
number of consecu¬
tive maturities of said, refunding
or
and' accrued interest.
par
housing
public
of de¬
on
j-D:*r
.
called foft payment on June
received
holders ^from '
livery, the refunding bonds ma¬
incl.,
income
:
AHZ-13,
coupon ;
are
bonds
(converted
manuscript bond to
from
different
rate
name
a
1967.
Issued
in
of
accordance
with
interest, : ex¬
Chapter 22 of Oklahoma Session
pressed in multiple of V\ of 1%. Laws of
1927 and Acts amenda¬
Prin. and int.
(J-J) payable at
tory thereof and supplementary
the
Chemical
Bank & Trust Co.,
thereto,
particularly
Article
5,
City. The bonds may
Chapter 32, Session Laws of 1935.
be exchanged for bonds registered
These bonds which were author¬
as to principal and interest at the
ized at the election on April
14,
New York
request of the
owner.
A certified
check for 1% of the amount of the
bonds bid for, payable to order of
the Commissioner of the Treasury,
shall be sold to the bidder offer¬
ing the lowest rate of interest the
bonds shall
pay par
bear and
-
agreeing to
:
and accrued interest. En¬
bonds is required.;' All
proceedings inci¬ close a certified check for 2% of
$20,000, dent to the proper authorization of
the amount of the bid; Prin. and
being Nos. 1 to 20 of $1,000 each, the issue
will be. taken under - the int. payable at the fiscal
agency >
dated Jan. 25, 1935, as of July 1,
Trust Company, New York City. of New York City will be furnished
direction of a bond attorney whose
in New York City. The bonds are >
1902.
the successful bidder. A prescribed
opinion as to. the legality of the payable both as to
Said
Series Aibonds
are
re¬
principal and 1
form of proposal will be furn¬
deemable at ' the
option-'of the
Grayslake Village School District, bonds may be procured by the interest from an annual ad valo¬
ished on application at the City
purchaser at his expense.
rem
tax levy levied against all
Authority; on any- interest pay¬
fi4phioff
ment date prior to their maturity, Comptroller's office and all pro¬
Bond Sale—The $4,000 coupon taxable property in the county. .<
Bond Sale
The $1,250 school
as a whole, or in part, in
the in¬ posals must be unconditional as bonds offered April 20—v. 155, grade elimination bonds offered The successful bidder may select >
to
the
unlimited tax obligations • of the
city and the approving legal opin¬
ion of Thomson, Wood & Hoffman
resolution
authorizing the
at the ~option of the
holder, at: the Chemical Bank &
bonds)
or,
coupon
Jan. 25, 1935), aggregating
>
<
—
verse
order of their numbers at
redemption price of
par
and
therein prescribed. - The bonds of
odd. denomination shall be type¬
a
ac¬
written and if
crued interest to date of redemp¬
tion
their
plus
par
successful
so
requested by the
before Feb.
were
—
awarded
the
to
field, as 2V2s, at par. Dated May
1, 1942 and due $125 on May 1
bidder,* will
be ; pur¬
chased by the city for its sinking
funds, but at no greater price than
premium of, 4%;; of
value' if redeemed" on
a
1369
p.
Citizens National Bank of Woods-
from 1943 to 1952 incl.
»i.v
'
j
;1 xt
15, 1947; or a pre¬
that offered by the successful bid¬ Howland Township School District
mium
of ;"3V2%V' if ; redeemed
der.
A certified check for $12,-*
r:/; (JP'r ,Q. Warren), Ohio
thereafter, but on or before Feb.
15, 1952; or a premium of 3%- 166.75, payable to order of the
f-Financing Deferred—A^ C. Grifif'redeemed thereafter, but on or City Comptroller, is required.
fing;- Clerk of the Board of Edu¬
before Feb. 15, 1957; or a pre¬
cation, states that the matter of
NORTH CAROLINA
7.
mium of 2 V2 % if redeemed thereissuing the $150,000 bonds ap¬
Burke: County (P* O. Morganton),
proved by the voters last Novem¬
after, but on or • before Feb; "15,
ber has
been- deferred
for the
1962", or a premium of 2% if re¬
.J Bonds Approved ~?The County present because of war conditionsdeemed thereafter, but on .or> be¬
Board of Commissioners is said to and
failure of the Federal au¬
fore. Feb. 15; 1967; or a premium
have approved
the issuance .'of thorities to act on the-district's
of
1V2 % if redeemed thereafter,,
but on or before Feb. .15, '1972; $50,000. school construction bonds. petition for a grant.,
or
*. •
.'
-
.
.
'■
..
oij
a premium
thereafter. 'p. y
of 1 %. if redeemed
Craven County: (p. O. New
I:y-
h\
: V
Bern)*.
7
The; refunding bonds, both Se¬ ; Bond Tenders Received—In con¬
ries A and. Series B, are general nection with the call fortenders
obligations of the -Authority.,; se-, on April 22, of..refunding bonds,
cured by a first pledge of the net it instated by Jane Holland, Clerk,
;
j vNew
;!
Holland, Ohio
bonds
J.
i<
^
Bond Sale Details—The $15,000
water works
system
awarded
A. .White
&
construction
;Sept:. 26 last to
Co., Inc., Cincin¬
either of the following firms to ;;
Co., pass on the validity of the bonds
Cincinnati, as 2Y4S, at a price of but the fee and other expense in¬
100.575, a basis of about 2.08%. cident to securing the opinion is >
Dated May 1, 1942 and due $1,000 to be paid by the bidder: J. Berry on May
1 from 1944 to 1947 incl. King and George J. Fagin, of Ok- ?
April 28
—
awarded
It
v.
to
155, p. 1463
J.
A.
White
—
were
&
.
originally
reported that
$1,000
annually from 1943 to 1946 incl.
Other bids,-for 2V2S: Ryan, Sut¬
herland & Co., 100.33; Stranahan,
Harris & Co., Inc., 100.15; SpitzerRorick Trust
& Savings Bank,
Toledo, par.
#
was
the
bonds
would
mature
Twin Rural School District
I
City; Chapman & Cutler,
Chicago, and Thomson, Wood
;
&
Hoffman
>
county
will
of
New
of
bonds.
The
furnish
steel
on
will:make delivery at the earliest
;
possible date under the State law. V
Weatherford, Okla.
,Bonds
;
Sold —The
j Bond Offering—Myrl H. Shoe¬ states that $4,950
maker, Clerk of the Board of Edu¬ bonds approved by
cation, : will -receive sealed ' bids April 7, have been
until noon on May 18 for the pur¬ Calvert & Canfield
chase
York.
lithographed j
engraved borders >
without expense to the bidder and i
bonds
(P. 0»
Chillicothe), Ohio
/
lahoma
of
City.
:
:
/
Clerk 1
City
plant J
the voters on.,
purchased by/
sewage
of
Oklahoma;/
;
Dated June
$20,300
3V4%
school
-
-
1, 1942. Three
bonds for $500 each, others in $400
:
'
OREGON
denoms. -Due as follows: $400 on
;
Bend, Ore. .:
1
April 1, and Oct. 1 from 1943 to
[Bond Sale—The $25,000 semi1964 incl.; $400 April 1 and $500
Oct. 1 from 1965 to 1967 incl.; A ann.. airport,:; general ^obligation r
certified check for $500, payable bonds offered for
sale on April 24 >"
nati—v. 154, p. 422—^were sold as
County Commis¬ 2s, at-a price of 100.15, a basis of
ation of the housing project, on,
sioners, that a total of $107,241.81 about 1.99%/
and after the date ofC delivery of bonds were
./tendered at prices ■■■■ i
*v •X■:
said refunding bonds: and by a
iI"!.'Newton Falls, Ohio -Xxx;'.
ranging from 90' to par: and ac¬
pledge oi the annual • contribu* crued interest. Tenders at 95.00
I Bonds Authorized—The Village
to order of the* Board of Educa¬
tions payable to the Authority by and
—v.
155, p. 1564—were awarded ?
less/ were/accepted; 'to • the Council has passed an .ordinance
tion, is required;
"
the FPHA with, respect, to f the amount of
authorizing an issue of $30,000 not
to Fordyce & Co. of Portland, as :
$93,262.09.
to ; exceed - 3%
project * on and after: such date
interest
water Upper Arlington * School District,
Jackson County r( P. O.'Sylva
2s, at a price of 100.383, a basis V
under and subject to the terms
works
Ohio
system .revenue '
revenues;
derived from the oper¬
of the Board of-
.
-
;
'
;
andconditions .ofvthe
Assistance :4= 4JMN$> C. f :
Contract, Under the provisions of
said Assistance Contracty and \ the
■pre'/ X i
-.0
".i-ic-!. nr A
; Bond
nings
'7/Wyu TV
*
Call—it
A.
bonds.
XXfpAp'lffP
is stated by Jen¬
Bryson,.
Clerk
"4
of
the
Dated Jan.
1/1942.:Denom. $1,000:
Due
on
$3,000
1952 incl.!
r
.-I
Dec. 1 from 1943 to
Optional in whole
r1
f
; o
-
i
or
1
v
-
?
Bond
The
Consideration Deferred—
Clerk of
the Board of
Edu¬
cation reports that the question of
L-tX- J'
of
about
1942.
Due
1.88%.
Dated
optional May 1, 1945.
U
t;;l>
K<
May.
1,
$2,500 in 1943 to 1952;
)\
♦.»
'it ru|
.
~
-
THE COMMERCIAL & FINANCIAL CHRONICLE
1726
Portland, Ore.
$350,000
Sale—The
Bond
semi-ann.
pon
public
refunding
bond $218,000, offered for sale omApril being purchased by the Colum¬
23—v. 155, p. 1464—were awarded bian Securities Corp. of San An¬
the Harris Trust
& Savings tonio, at a price of 100.0785, a net
that the water company is in good to
financial condition and to have Bank of Chicago, the Trust Co. of interest cost of about 2.05%,. on
estimated that the borough could Georgia, of Atlanta, and C., W. the bonds divided as follows: $24,issue 2Va% or 3% bonds. The mu¬ Haynes & Co. of Columbia, joint¬ 000 as 2%s, due $4,000 from May
nicipality, he averred, would be ly, as 2%s, at a price of 101.32, 1;/ 1943 to 1948; the remaining
' 4 $46,000 as 2s, due on May 1, $5,able to obtain as good a rate on a a basis of about 2.38%:
bond issue as "any of the best 10 $75,000 road improvement, series 000 in 1949 to 1956, and $6,000 in
F bonds.1 Due on May 1 iii 1957.
or 15 boroughs in the State.
•
improvement bonds offered for
sale on April 29—v. 155, p. 1564—
were awarded to a syndicate com¬
posed of the Union Securities
Corp. of New York, the Central
Republic
Co.
of Chicago,
and
Bramhall & Stein of Seattle, as
l%s, at a price of 100.049, a basis
about 1.368%.
Dated May 15,
incl.
1951
1947 to
15 in
$70,000 on May
Due
Titusville School District, Pa.
J
Bonds Offered for Investment—
successful
The
the
public sub¬
for
bonds
above
reoffered
bidders
scription at prices to yield from
1.05% to 1.35%,
according to ma¬
turity.
receive
(EWT)
on
May 12 for the purchase of
$50,000
coupon
school
bonds.
Dated May 1, 1942.
Denom. $1,-
District
PENNSYLVANIA
Duquesne, Pa.
Purchases $35,000 of Outstand¬
will
Secretary,
Due Nov. 1 as follows:
000.
in
and
1943
$5,000
$1,000
1944; $3,000 in 1946,
in each of the years
|
L
■:
of
that
.
bonds
the
and
purchased
to mature in
$10,000
1948 and 1949,
$15,000 in 1950.
Tyrone School District, Pa.
'!
j Bond Sale—The issue of $25,000
Galeton, Pa.
Proposed Bond Issue—Borough funding bonds offered April 27—
plans to issue $27,500 3% funding v. 155, p. 1646—was awarded to
bonds.
Dated
April
15,
1942. E. H. Rollins & Sons, Inc., Phila¬
Denoms. $1,000 and $500.
Due delphia; Dated April 15, 1942, and
<.
due
to
$1,000 in 1960 and 1961,
in 1962. Interest A-O.
1959 incl.;
and $500
Authority (P.O.
Portage Municipal
Portage), Pa. IPlans
Bond
Sale—Preliminary
toward acquisition • of the
holdings of the Portage Water
Company were completed at a
steps
the
of
meeting
joint
recently
authority, the
Borough Council and a represen¬
tative of H. K. Hastings & Co. of
created
municipal
Wheeling, W. Va. The bond house
is negotiating for the purchase of
the
bonds necessary to finance
municipal acquisition of the water
company facilities.
A survey will
be made to determine the price
to be offered the company. ! The
$2,500
on
April 15 from 1943
incl.
1952
Reading (P. O. Reading),
West
~w<
:
Pa.
Pottstown, Pa.
on
253 to
in
272, totaling $20,000,
for payment on
which time interest
at
and
Memphis, Tenn.
Call
Water'
—
The
for
2%
order
Commissioners," calls
A-11291
to
A-11750,
to pay.
of
issue
an
$11,750,000,' ap¬ 4
ahead with testimony today,"
May 25 was set as the tentative
date for the hearing. Audit of the
tional
0.62%
company's
First
was
In
Note
-.1-
borough placed
a
valuation of $830,000 on
the com¬
pany and recently raised its es¬
timate to $870,000. The company's
original valuation was $1,893,323,
according to report.Testimony of
a certified public accountant was
on
re¬
all of
the
shall
i
10
on
any
cease
offered
April
28
Bank
of
!
29,
ing in from time to time.
due Dec. 2, 1942. The
National Bank of Boston,
1942, and
Bond Issue Bill Signed—Gov. J.
Howard McGrath
signed on April
22 a bill authorizing the town to
issue
$190,000
sewer
bonds
to
meet
The
maturing
bonds
Approved—It
election
recent
ceeding
6%
:
resulted
of
count
a;
-
by
■■■
mature
years.-.
over
for
155,
p.
Bonds
in
of issuing
favor
construction bonds
000
of 146 "for" to 35
by
a
$15,vote
"against." 4-
Bonds Sold—The First National
Bank of McGregor
1965."
j
.•
.
13
•
electric
western
Pacific
Austin; Gregory,
& Abercrombie, B4,V.
Co.
Com.
Sold—The
Dist,t No..
of Education is said to have pur¬
chased recently $6,000
20
years.''44.
'i
x 4
'
,
,
w
,
-
*
A
• * -
;•'
3%% semi-
bonds.'
construction
ann.
Due
-4{v .'4 ^4V.:.
V
-
properties of the North¬
Electric
Power
Bond
V
Sale—The
offered
a
p.
for
basis
sale
of
about
J
from
1.698%.
of
-
Dated
issue./;/';44 ni/4;
WISCONSIN
,
/
Beloit,
,
Bond
Election
understand
that
Wis.
Not
held
on
April 7,
-
.
Held—We
no
-election
as
scheduled, to
.
Ranger, Texas
24—v.'
April
on
Due in 1944 to 1965;
time after 10 years
any
date
purchased V4Bonds
4
cou¬
1466—were
Palestine, Texas
<
$110,000
awarded to
Paine, Rice & Co. of Spokane, as
1.70s, paying , a price of 100.024,
;
callable
$45,000 3-% % .refunding bonds.;.
Co., and of the
Light Co., both
construction semi-ann. bonds
May l; 1942.
•
&
Spokane Co. Sch. Dist. No. 81
(P. O. Spokane), Wash.
in
'/y
'r V
The
~
155,
Board
State
bonds.
revenue
within the county.
pon
(P. O. Nacogdoches),- Texas
Bonds
{
4 •: 1
^
electric
ann.
—
&
proceeds of this issue will be used
acquire substantially all of the
purchased
'X
Sold—City Secretary H.
Co.. of Spo¬
to
McGregor Indep. Sch. Dist. (P. O.
McGregor), Texas
ex¬
Big Spring, Texas
Sold
"that Richards
Haskell), Texas
resulted
Co., both of Houston,
Park-Shaughnessy & Co., of
Bonds
sale on April 28—v.
1466^-were- awarded, to
kane, according to the Superin¬
tendent of Schools. Dated May
1,
1942. Due in 15 years after
date;
optional after three years.
.
*
a
j
offered
We
understand
Blum, and Murphey, Favre & Co., both of Spo¬
1 Bonds Approved—It is reported
kane,
and t Associates, recently
that an election held on April 15,
purchased $141,000 41/4%
semi-
Christie &
:
$50,000 ZVz%
annual gymnasium bonds
wtMifWash- yy-'y
Nacogdoches
St.
Sale—The
coupon
Arthur E. Nelson &
in
(P. O;
Wash.
>
i--'4
Dunbar & Co. of
and
-
Pasco),
Bond
I Haskell lnd. Sch. Dist. (P. O.
j Bonds Sold—It is reported that
a
syndicate composed of R. 4K.
Eddleman
{
bonds.. 4
X * X.
Bastrop, Texas
the voters by
"for"- 4 to
18
Pasco Sch. Dist. No. 1
4
ex¬
bonds
as follows:
$115,000 water Skamania County Public Utility
Dist. No. 1 (P. O.
system, and $20,000 sewer system
Stevenson), ■
TEXAS
v;1
•
'\0
stated
$15,000 hot
203
"against." §4'
issuing $135,000 not ex¬
3% revenue bonds, di¬
ceeding
is
construction
approved
were
Authorized—We; under¬
Paul,
recently t
stand that the City Council re¬
short-term notes. $125,000 water works and sanitary,
cently authorized the issuance of
sewer system revenue bonds.;4"*
would
period of 20
election
so
the/re¬
Falls Con. Sch. Dist. No. 9t
Bonds
a
is said to have
recently $45,000 3J/2%
$100,000 bonds to be t exchanged semi-annual refunding bonds at
and these will, no doubt, be com¬ par.: Due on Jan. 1 in 1947 to
at
Dated April
discount.
recent
of
from
by the County Treasurer that at
Nov. 15 in 1942 to 1945.
vided
exchange.
was
Providence,
actually, been
either
a
from
bonds,
(P. O. Col ville), Wash.
Bonds Approved—It is reported
that
payment
years
demption date.
Kettie
v,
favor
or
interest
after
Interest
called
The right is
any
any
and
on
date.
*^44 X Grand:Prairief Texas'fxt*--
changed or are in the. process; of
This leaves only about
Sale—The issue of $150,-
notes
awarded to the Rhode Island Na¬
i
the
date
call
to
bonds
40,000 4% sewer revenue bonds,
f -Due on Sept; 1 in 1944 to
"Lv 1947. '
:• 1
'
;
sentation of said bonds accompa?
have
to
said.
1937
served
4Nov. 15 in 1946 Jo 1948.; 4 4
4;
Memphis,; or i at:A the
City Comptroller's office, on pre¬
Commerce,
of the bonds, payable to
the Borough Treasurer,
date evi¬ second high bidder, named a rate
dence
upon
which a purchase of 0.625%. Arthur Perry & Co. of
price can be established. Account Boston, bid 0.65%. ;r :
records previously on file with
1
North Providence. R. I.
the commission ended with 1937,
it
$47,000. In 1962.
41^000 394%;,water works refundI ' dng, series 1939 bonds. Due on
York, or at the National Bank of
A certified check
:. on
were
Hardgrove
1942.
,
of
at¬
pre¬
1,
aggre¬
proved in an ordinance passed on
June
6, 1939.
Payable at s the
Chemical Bank & Trust Co.,'New
and
&
$1,000.4 Dated
Due on May 1, as
$2,000 in 1943, $4,000 in
1944 to 1949, $7,000 in 1950, $10,000
in
1951
to
1955, $20,000 in
1956, $30,000 in 1957 to 1961, and
May
&
Dittmar
Ferris
follows:
payment on June 1, all se¬
ries A, electric plant general lia¬
Cranston,.. R.
4
were
Mahan,
Pancoast,
April ' 22
to
of Seattle. Denom.
a syndi¬
of Harriman Rip¬
ley & Co., Inc., Dewar, Robertson
&
j.
Clerk E.
that $300,000 semibonds were
revenue
on
awarded
cate 4 composed
*
000
up
offered
/
.
Sold—The
for
Of
quested that the hearing be con¬
tinued because he was "unable to
accounts
,
time, were'purchased by
/ 4
city, "acting
.
torney for the water company, re¬
bring
1962. 4.
1944 to
Sold—City
water
ann.
.
and agrees
a
0Bremerton, Wash, 'VX
j Bonds
McCall states
following rbonds owned by the
the Chemical Bank City Water Works Depreciation
& Trust Co., New York;
Dated Reserve Fund, aggregating $235,June 1, 1939.
* r
:i *, '
\ - 000, offered for sale at the same
Bond
at
WASHINGTON
shall cease, at
'
to
Due in 1943 to 1957.
3V2S,
Corbeti
1 Water Fupd Bonds
,
sented
101.583.
of Chicago,; and
the State; Investment Co. of Fort
Lenoir City, Tenn.
1,
of
Wichita,
price of
as
Martin,
of Detroit,
Co.
Burns &
being called
June
Co.
jointly,
City Treasurer S.* Worth, as 2^8, paying a price of
H. Smith states that electric'. sys¬ 100.044, a basis of about 2.245%.
tem
revenue
bonds
numbered Dated May 1, 1942. Due on May 1
are
Co. 4 of
Small-Milburn
payable
be
ternal Affairs.
go
mer
Bond Call
from
Securities
Rock, the Baum, BernheiCo, of Kansas City, and the
.
&
qwer
TENNESSEE^!!!
'
Southern
Little
.
r-
Jr.,
the
Co.
&
<•
.
.
Nos.
—
Murdock,
Texarkana, Texas
Bonds Sold—It is reported that
$60,000
semi-ann. •. improvement
bonds were purchased recently by
without gating.^$460,000, maturing; onJ[upe 4]56,000 4^% 4 water works re¬
funding, series 2 bonds. Due
deduction for any tax or taxes
I, 1969.
Said bonds will be re¬
[
on Oct. 1- in 1942 to 1951.'
(except succesison or inheritance deemed at the price of 105% . of
28,000 4% %
sewer
refunding,
taxes) now or hereafter levied or the
principal amount thereof, to¬
;
series 2 bonds. Due on Oct. 1
assessed thereon under any pres¬
gether with all interest accrued
j:
in*; 1942' to 1951. '
ent or future law of the Com¬
and unpaid
thereon to June 1,
«?50,000 3V2%- water works refundmonwealth of Pennsylvania, all of
1942.
The bonds called are part
; f ing/ series .1939 bonds.
Due
•which taxes the borough assumes
will
(A-O)
■
H.
Childs
$2,003,568.
:
and sewer¬
offered for
♦
nied by all appurtenant coupons
maturing after June 1,; 1942. 4AU
is required. ;
:
\ '
registered bonds called should, be
Pottstown Water Co. would per¬
accompanied by duly executed in¬
Wiconisco
T ownship
(P. O.
mit an annual net revenue of $25,struments of assignment in blank.
Wiconisco), Pa.
164 after payment by the borough
Bond Offering—E. LeRoy Keen, Interest coupons maturing June 1,
of 3% interest and sinking fund
Township Solicitor, will receive 1942, appurtenant toy'the' bonds
charges on a $1,000,000 bond issue, sealed bids until 7 p.m. on May called, will be paid in the usual
according to Robert Hall Craig, 14 for the
Interest ceases on June
purchase of $13,000 cou¬ manner.
hydraulic and sanitary engineer.
pon judgment bonds.
Dated May i, 1942.I'*
Mr. Craig's statement was made
15, 1942. Denom. $1,300. Due $1,- i Rhea
County (P. O.Dayton),
during a brief session of testi¬ 300 on May 15 from 1943 to 1952
Tenn. 4 44
mony ibefore 'the
State Public incl. Prin. and int. (M-N 15) pay¬ ]■■ ■''
Utility Commission at Philadel¬ able at the Miners Bank of Ly- ; Bond Exchange Nearly Com¬
plete — The Nashville Securities
phia on April 21, in the borough's kens.
A certified check for $260
Company of Nashville, states that
reported "lengthy fight to pur¬ is
required.
a total of $1,129,000, out of a .total
chase the water company."
The
of
$1,229,000,
eligible for -ex¬
borough, it ;was said, presented
RHODE ISLAND
change under the refunding plan
evidence before a PUC examiner
i.VH.
'
John
C. F.
of
June
to
up
called is
April 23—v. 155, p. 1565—
4 awarded • to
a .; syndicate
composed
including those
16, 1941. Net!
warrants
warrants,
amount available to pay
Co., and the Ranson-Davidson Co.
of
San
Antonio, at a price of
108.847:
;
,
;
^
bility serial bonds Nos. A-10831 to
$10,000 4 Vz %: water works v conA-11290,
aggregating
$460,000
|
struction
bonds. - Due
on
on June 1 in 1943 and 1944.
The
maturing on June 1, 1968, and
j : March 1 in 1949 to 1952. bonds
and semi-annual interest
May 19 for the pur¬
$6,000 2% registered fire
apparatus bonds.
Dated April 1,
1942.
Denom. $1,000. Due $3,000
(EWT)
Municipal
ownership and operation of the
but
State
issued
on
were
Minneapolis.
will through its. Board of Light, 'Gas
chase of
Hearing in Water Purchase Pro¬
ceedings Continued
sewer
.disposal' bonds
sale,
Treasurer
James
recently issued : a
for
payment of 4 $2,000,003
,
call
15, 1942.
Due i from of
Chicago, the First, National
July 15, 1944 to 1955. y'V
Bank.; of ? St. Paul, Miller, KenV.-'4
j/
The bonds are
payable from ad valorem taxation
within {'■ the
taxing
limitation
ceedings will be launched if the
water company refuses to accept placed by law upon the borough.
Issued subject to approval of the
the terms offered.
Pennsylvania Department of In¬
Borough Council, it was said, has
indicated that condemnation pro¬
Jesse
(State of)
Call—State
Warrant
El Paso, Texas
Sale—The $250,000. coik
age
Dated April
,
receive sealed bids until 7.30 pirn.
Texas
voters
were
semi-ann.
pon
that
$12,000 2% % , .semirefunding bonds werex pur
chased recently by the - Allison-
,
Secretary,
Borough
j4
by W. J. Lackey
par
to 1957.
1973; "•
''
'
'
1^000. refunding, series A bonds.
1- Due on March.1,1947.
yjiBond
on
said to have been
are
& Co. of San Antonio. Due in 1944
j;
ann.
Offering—Howard Rick-
] Bond
enbach,
the
by
16,
purchased at
,}
states
•
-
approved
approved by the voters
March
$73,500 refunding, series A bonds.
!V Due from March 1, 1944 to
Shore), S. Daki
Co.4»of
bonds
4%
aggregating
Jbonds,
improvement and extension
sewer
cently by
Fancoast: of Sam Antonio: >
Bonds Sold—The District Clerk
Williams
Raymondville, Texas
Sold—The : $20,000 4%
semi-annual ; sanitary and storm
{Bonds
purchased re¬
Dewar, Robertson &
on April 21,
$500,000 and
follows: $400,000 land
South
ann.
-
$74,500,
South Shore Indep. Dist. (P; O.V
<
1951; $2,000 on May 1, and $1,000 on Nov. 1, in 1952 to 1956. V,
thdep. Sch. Dist. (P. O.
De Leon), Texas
oh Feb. 12,
r
election
as
of i!
Burgwin, Scully & Churchill
Pittsburgh.
v. 3 ;,U ;v.
,,
April 15, as follows: $1,000 from
1943 to 1951 incl.; $2,000, 1952 to
k,
aggregating
divided
paid
,
Of
the
at
bonds
Prin. and int. will
of 1%.
V<i
be
000
to
| Bonds Sold—^The following
semi
] Bonds Approved—It is reported
under
were
Sioux Falls, S., Dak,
Leon
4
ill
DAKOTA
V SOUTH
De
on
purchase, and $100,000 municipal
1948, 1950, 1952, 1954, 1956, 1958,
airport improvement bonds, • car1960, 1962, and 1964.
Bidder to
name rate of interest in multiples
free of all taxes levied
any present or future law
cently approved the action of the
of the Commonwealth of Pennsyl¬
Sinking Fund Commission in pur¬
chasing
$35,000
of outstanding vania. A certified check for $1,bridge bonds of 1926 at a total 000, payable to order Of the dis¬
Issued subject
cost, including interest, of $42,- trict, is required.
358.11.
It was estimated that the to approval of proceedings by the
transaction would save the city Pennsylvania Department of In¬
about $3,040 in interest charges.* ternal Affairs and legal opinion of
ing Bonds—The City Council re¬
\'\sf
1
143,000 refunding bonds4 Due
|
May 1 in 1949 to 1960. >
sealed bids until 7.30 p.m.
and
J
Offering—Joe C. Alcorn,
Bond
'
1950 to 1955.
f
1072—are due as follows: $1,on May
and Nov. 1, in 1942
p.
municipal
a
said to have maintained
house is
of
1942.
of
sentative
cou¬
Monday, May 4, 1942
was
SOUTH CAROLINA
Maturity — The City Secretary submit to the voters $1,250,000
W.
Whitney states that. .of; the
water system purchase
mortgage
total Spartanburg County (P_ O. Spar- $100,000 bonds offeredr4on April now states that /the $35,000 semirevenue
bonds, because the City
ann. sewer revenue bonds sold to
24—v. 155, p. 1565—only the $70,r
revenue of $632,034.38
| r '
tanburg), S. C.,*
Council did not pass the original
and total operating '*■ expenses
and l sewer the Commercial State Bank ; of
Bond Sale—The following cou¬ 000 semi-ann. * water
of
resolution.
s
$385,277.38 since 1937.
A repre¬ pon semi-ann. bonds, aggregating imnrovement bonds weresold,' Ranger, as 4s at par — v. 155/
to the effect
company's
operating
that
an
audit of the
books showed
-
.
a
•
,
v
-Volume 155
,
'•*v
Number 4069
-
—tFond du Lac,
:the commercial & financial chronicle
-
electric
Wis.
system and payable/as- to
follows:" $1,000
both principal and interest solely
from the revenues derived from
Bonds Authorized—The Village
Board passed • an ordinance pro¬
and
deemable-on
such
lect
ice
Company.;
will
as
for ^electric
rates
arid
serv¬
produce sufficient in¬
times, (a) to pay the
• '*•-* ^ principal and - interestori these
$70,000 issue of bonds so long as they remain out¬
3V2% semi-ann. electric revenue standing, (b) to pay.operating and
mortgage bonds has been pur¬ maintenance expenses ; arid, '(c)
chased by Harley, Haydon & Co_ to: create; adequate; reserves for
of Madison; Denom.
$1,000. Dated depreciation. The village has fur¬
May 1, 1942. Due on May 1, as ther covenanted not to sell,' lease,
follows: $1,000 in 1944, $2,000 in or in any manner dispose of the
'1945
to-1949, $3,000 in 1950 to property until all of these bonds
1958, : and $4,000 in 1959 to 1966. have been retired > or t provision
Redeemable on pr .after. May lr made for their payment. Legality
1952, at 103.50 and interest, such to be approved by Lines,. Spooner
premium decreasing, 1 % for each & Quarles of Milwaukeie^; i
\ I*
five-year period thereafter. Prin.
SchofielJ. W*.
f ;
and int. i payable; at the La
Farge
j1
La Farge, Wis, 7
v
chased $59,000 2V2% improvement
bonds at
after
or
payable
the
at
by
Due
April 1
on
Ontario
(Province of)
Hydro-Electric Bonds Sold
Bank, of Viola. These bonds/
by- referendum, and
;being 'issued
2.20%.
from 1943 to 1947 incl.
Farmers
CANADIAN
>
Victory
Loan
Subscriptions
.
Total $997,503,300
hydro-electric
The National
—r
A
—
syndicate headed by the Bank of
Montreal, of Montreal, recently
purchased
privately
$10,000,000
SECTION
Canada<. (Dominion 6f )
subject to approval of the Public
Service Commission of the State,
are
price of 100.875, a basis
a
of about
authorized
Bonds Sold—A
.
int.
.
State
at all
come
1944 to 1949, in any manner dispose of. the
to 1966.' Re¬ property until all of these bonds
in
1950
May 1, 1952,- have been retiredj or provision
at>103.50; and interest, such pre¬ made for-their payment. Legality
mium
decreasing 1% - for each to be approved by Lines, Spooner
five-year<period thereafter. !Prin. & Quarles of Milwaukee.
viding'lor the issuance of $35,000 the operation of said system. The
in water works mortgage revenue village, by ordinance, has cove¬
,bonds, for the purchase of the nanted to fix, maintain, and col¬
local plant from the Eureka Utili¬
ties
$2,000 in
1727
commission
power
bonds, guaranteed by the Prov¬
ince, and consisting of $7,000,000
nounced. April ;20 that final re¬
2V2s, due from 1943 to 1949 incl.,
ports on the ^second Victory loan and
$3,000,000 3s,. maturing from
the
village
for "the purpose of
acquiring and
improving the electric generating
and distribution system
operating
in said
village and environs. In
the opinion of counsel these bonds
War
Finance
indicate
■
will be the
an-r
total
subscriptions
of
from 1,681,525 indi¬
$997,503,300
vidual
Committee
:
subscribers—one
in
1950 to
1952
incl.
every
*,.
QUEBEC
legal and binding ob¬ 6.8
of Canada's population.
In
ligations of the village secured by
the first Victory loan in June,
^'statutory. first mortgage lien on
1941, one ift every J 12.02 sub¬
theT- entire
electric
system and
payable as to both principal and scribed, it was said.: Original ob¬
interest: solely from the revenues jective of the recent loan, books
of
which
Were
opened : three
operation of
Bonds Approved—It is stated derived; from? the
weeks starting Feb; 16, was $600,State Bank. These bonds, author¬
said
systenaf .The village, by ordi¬
by Eric Schuetze, Village Clerk,
ized by
000,000, a figure subsequently in¬
referendum, and subject that
at a recent election $10,000 nance, J has
covenanted 'to fix, creased to
to approval of the Public Service
$900,000,000. It was the
Quebec Roman Catholic School
Commission, Que.
^
.
Bonds Sold—The Banque Canadienne Nationale of Montreal has
purchased
$ 143,900 i 3 % %
provement
bonds
im¬
.
ing issued by the village for the
purpose of
34."against.";
acquiring the electric
generating and distribution sys¬
tem operating in said
village and
environs; In the opinion of
maintain, and collect
sewer
system
bonds were ap¬
proved by a vote of 230 "for" to
Commission of the State, are be¬
'
%
*
for
Vk%
coun¬
semi-ann.
electric
such
rates
largest of all Canadian
will, pro¬
income, at, all
as
(b) to pay operating and mainte¬
revenue
'■
Below wilt be. found
:
a
redemption
The' date
>;■
American
given in the "Chronicle."
were
Company and Issue—?
Alabama
Date
v
Allied
Allied
•
Owners
Corp.
1st lien bonds due
1
6
May 29
1958____
/ Allied Stores Corp. 4'A
?
debentures
21
1970_-_-__-_-__-___________ Jlay21
due
Chilean
,.;V
Nitrate &
debentures
:
Cincinnati
Iodine Sales Corp. 5%
due
Gas
1968—
<fc
Elec.
1st
.May
6
due
1
Consolidation
Coal
Consolidated
Oil
i Continental Roll
7
series
Co.
5%
bonds
due
1961—Jly
1
1924——Apr 23
I960—iAlay 12
Corp. 2'AfA debentures due 1951
& Steel Foundry? Co.. 1st" mtge,
1950—
Jun
'
.
'
1
*
1
Light & Traction
6%
Co.
bonds,
due 1954____Jun
Kanawha Bridge &
-■
due
'
Terminal Co;
1st
mtge.-5%
j____jun
2
•£#
Public
Utilities
Corp.
National
Bank
(new)
(Cine.)
Beath
;
(W.
Berkshire
Berland
.
,
Pacific
Coast
Cement Co.
Phelps Dodge Corp;
San
i
Jose
conv.
Water Works
1st 6s,
1st
mtge.
3%s, due
1961
1
1317
*
stock, series AAA—Jtin
1
8mith & Wesson, Inc., 1st mortgage
5'As, due 1948
Jly
1
Square D Co. preferred stock
Jun 30
Strong (Mark D) Bldg. Corp. 1st mtge. bonds, due 1943_Jun
1
Toledo Edison Co. 3'A/A
debentures due 1960
Jun
1
1685
Sherwin-Williams Co.
i
'
Bldg.
preferred
1
Wood
:
^
Biscuit
Co.
Brothers
of
debentures
Am.
Thresher
•AnnouncemeritMn, this
3lA%
Jun
debentures due 1955—Jun
1st
Co.
issue,
5s
due
1943
tin .VoL.154.
-
1606
'.
'
1
v
.
we
D.)
&
Sons,
class
Shoe
A__
Bre grouped; in two separate tables.
which
we
followxwithi
payments: in
a
In the
many cases are
6-%
3 7c
5</c
..
>
given,
[
The dividends announced this week
"v.
•j
?
Acme
:Adams
•>
Wire
( J.
'
??
;
:"v ;? ,?-?.;•• i.'•...
' Name of Company
•
-.
5-
1
Mfg. Co. (.quar.)
Kid
Co.
(quar.)
—__1__
Aluminum,. Ltd.,. common- (quar.)^wlii__^__-,
6'A pref. (quar,) (payable in U. S.
funds)
7-
1
5-
1
-
6-29 :
t$l%
7-
Jtl'3A
87'Ac
•
$1'A
4-30
Envelope
&
preferred
2
5-11
-
"
;
6-T5
•
6-15--
6- 1?
•
4-30
5-
5-15
5- 8
;
c.,
Tea
6-15
6-
5-31
6-15
5-31
6-15
5-31
7-
1
Co., Inc., com."
(reduced)
(quar.)
1
5-
5-15
lOc
5-
5
(R.
G.)
"f
>
6-
1
5-11
Lexington Water Co.
6-1
5-11
Loblaw
»
6-
5-11
5-
1
:
Lord &
B
Louisiana
6-
75c
5-
f30c
f$l%
?
25c
6-1
6- 1
5-15
50c
5-25
'?. 5-15
1
? 5- 9
Ice
5-15 ?
6-
6- 1
6- 1
5-11
X2V2C,:?:. "6-.' 1
5- 9
Manhattan
Manufacturers
6-
$1'A
6-
Square Garden
Co.
———25c.
(irregular)—
50c
9
5-
9
5-
1
9
? 5-16
6- 1
,
50c
'
:
5-
1
6-
12'Ac
«? ;Extra?:i_i._————1—
Madison
25c
r:
(quar.)
(s-a)—
5-20
Shirt
1
5-15
1
$1% ;
25c
(quar.)—
—_____—
Electric
&
6-
4-23
5-15
1
?:
6- l
5-15
5-12
25c
40c
/
—_
5-20
6- 1
5-15
'? 5-
1
10c
(quar.)
5-15
5-
1
;
.
5-11
'
?t
$l'/4
6-30
6-
1
5-
1
4-20
Extra
_,_I
?? 75c.
cony*
6-15
5c
4-30
4-18
5-15;
4-29
5-15
4-29
McKesson
6-
5-
Mead
15c
•'?
f6'Ac
2
1
6-
6-
1
5-15
5-
$4
>
9
7-
(quar.)
;
Trading—V
pref. (quar.)
.
t? $6
5
preferred
&
Corp.,
_____—
Robbin's,
preferred
5'/4%
pref.
——
$5.50 preferred (quiar.)—$1%
Merchants Refrigeration. 7% preferred,.
t$2
1
4-25
4-30
6-30
Merritt-Chapman & Scott'Corp.—
6'A%
preferred A
1——
Mutual,Life
5-20
Midland
Steel
1 i
$2
1
t$l
25c
?
6-
5-15
fi'?),/preferredr(quar.)— __i
r7% .< preferred •(quar.)i?'_?2-
,
$134
6-
?
6-
5-11
5-11
non-cumulative
preferred
Co.
Ins.
Products,
3A,-__,
6- 1
5- 1
6-6
'
5-19
5-15
5-15
4-25
preferred—.—
$2-
5-15
4-27
1
6-12
6-12
7- 1,
6-12
5-'5
7-
-50c
—/??•?.■,:
?
7- 1
50c
preferred
Mode-O'Day Corp.
$6
Mohawk.
Carpet
Monmouth
—^
—
Mills!
> -•
Consolidated Water—
/ '$7
pref.
(quar,)
———
5
4-
1
6-8
5-25
$13A
5-15
5-
i
*———_
.>.
5-
4-30
50c
t$ 18/b
10c
—
■"
(annual)
t$l%
$2'A
—
(quar.)
:
4-30
5-18
,
"common
(-quar.)
?
4-25
Minneapolis-Moline Power Implement Co.—
6
•
,:77 SI'A
8)%
5-20
5-
6-15
6- 9
6-1
6- 1
5-1
(quar.)__
—?——
7-20
6-
5- 9
I!
6- 1
6- 1
$1
$1.31 V4
25c
(quar.)—$1'A
common
5-15
t$l3/4
50c
25c
—.
Midland
..
4-30
?
Cartons, Ltd.—
____1
1834c
—
Marathon Paper, Mills Col—r
May McEwen, Kaiser, common (quar.)—
5- B
40c
~
Casualty Ins. Co.
Manufacturers
5-15
20c
__
/
6-15
62'Ac
(s-a)
Co.-(N. Y.)
5-15
1—".
-i
1st pref.
5-20
1
6-1
5-11
(quar.)——
class A
4-31
4-22
25c
62'Ac
5-22
5-25
$1'A
pref.
X'.ry
:1 l'A%
5-1
'? 6- 1
(quar.)
7%
Ltd.,
(quar.)—-
Taylor 6%
6
7-18
10-17
25c
'' *
Extra
4-14
;
.
Class
.
5-11
1
6-1
$3c
6-
6-20
11-2
$l'/4
Extra..-,
♦
50c
/
Grocerterias
5-11
Inc.—
preferred
conv.
$1'A
$l»/4
5-20
:'$1
—
of
$4.50
*
Investments, Ltd.-—
Eastern Life Insurance
40c
-1%
Le Tourneau
8
5-f>
5-20
5-12
$1.06'/4
the Woods Milling Co., Ltd., com._
preferred, (quar.)
:
liarie Bryant, Iric; (quar.) _____________
r
Extra/
1
:
i'_
4-25
5-15
5-u
5-20
4-20
$1.06Mi'??: 8r 1
Kearney & Trecker Corp.l____?_____?
6-24
5-
$2
$1
i,
1
4-30
preferred
Lake
5-
5-11
6-
.769c?
,
«■
1
5-12
5-15
preferred
5,'A
preferred (quar.)
Kaynee Company (irregular)
Kayser (Julius).& Co.—
,
1
6
6-15
6-
4 '/4 r'o
5-29
5-20
0-
Co.—
American) shares/ (irregular)
<quar.)_
(quar.)
Kansas City Stock Yards of Me.—
f50c
?:5 ?? -preferred;:faccumulated)'-
v.
Electric
5-20
5r
$1
Co.
Jewel
4-30
East St^ Louis,&-Interurban Water—
*
9
Silver
Ital-Argentine
-
4-30
■
4-28
$1
5
5-15
(quar.)
'/Eagle Lock Company^———i_
5-15
5-15 '
-
Dominion ^Scottish
•International
1__?—
8
$$iya
(quar.)
(quar.)
Co.—
5-
1 "
5-15
f40c
7%. 1st
Steel
5-
5-29
6-
6-15
-
5-15
6-12*
1
5-1
,
.
4
6-15
(quar.)___
Dominion
-
? 6-15
6-1
25c
t$2v-
?
5-15 -v
7-
6-20
—
5-
flOc
preferredr (quar.).____
'
;
$l'/4 /'
$3
_____—
(quar.)—
5-15
-
—
4-27
5-15
$i
/Dome Mines,, Ltd/,?—
Payable
5-25
.
6-15
__L_?.$$l'A
Publishing Co.," prior pref. (reduced) ^ :
25c
Deere &; Co:,
7^ preferred -(quar.)
35c
Diamond Ice & Coal, 7%"(preferred
(quar.)^
$1%
Diem & Wing
Paper; 5%■ preferred (quar.)
$l'/4
When -.Holders
of Rec.
.
.
20c?
___—
Agnew-Surpass Shoe Store", 1%: pref.(quar.)
Allegheny Ludlum Steel. 7% pref. (quar.)—_
Allentown-Bethlehem Gas, 7.%. pref. (quar.)_";
Allied
Per
share
5-25
7- 1
,
4-20
37'Ac
i(quar.irll/:
Loan Cor Vlndianapolis)—
Nest Pass iCoal1 Co.,-Ltd.
25c
37'Ac
-
5-23
Curtis
are:
T|.r-50c
Co.?
D.)
Crow's
?
—_
4-20
-.
6-15
5-15
6- 1
'
4V*%
;
5-15
6-30
$1'A
.
25c
^
5-23
1
1
37'Ac
Lobster/. Inc.; (quar;)
•___!
Corporation? Corporate.Jnyestors, J^td.vclass A (quar.)__
Wy Extra;:.
vU-1—_
wlS
1
6-
25c
Consolidated
^
.
6-
5-
$l3/4
(quar.)
Consolidated.;Amusement Qo„ Ltd. (irreg.)
;Consolidated-Edison.Co.,,(N: .Y.) (quar.)
1
6-20
1
'
.
.75c
' A
Co.
6-
75c
43%c
?
1
rlnland
5-23
15c
'Connectfcut'Power
1
7-
5-15
5
6-15
1
Concen;
conv/preferred (interim)—
Stores. Inc.,'?common (quar.)—
•Commonwealth
1
5-
1
1
6-
15c
red.
preferred
6-
5-15
5-11
7-
68%c
Telephone & Telegraph (quar.)—_
Railway Signal, pref. class A (quar.)
Colonial
6-15
5-
5-15
Corp.
;
?> 5-15
6-15
6-
6
$1'A
j
6-15
1
6-
.
4-27
1
5-15
50c
;
(Pa.)
1
7-
6
(E.
Co.;
Bank
8-
5-29
5-
6-
6-
$1%
pref. A
Nat'l
5-
6-10
5-15
5-14
$l3/4
(quar.)__
&
Hazelton
5-20
5
$13A
$1'A
(s-a)___
com.
8
• Corp.,
common
75c
6- 1 ?
4.'/4% preferred A (quar.)——
$1.06'/<
6-1
Hollinger .Cons. Gold Miries, Ltd. (monthly)
f5c
5-20 ?
Holophane Company (irregular).—
55c
6-15
Honey Dew, Ltd. (quar.)l
:
+50c
7- 2
'Horn & Hardart.Co.^ (N.Y.) 57c pref. (quar.)
$l'/4
6-1
Hotel Barbhson, .Inc. vtc." (quar.)
,
$2 ;? 5- 6
Huntington .Water 6;%- pref. (quar.)— —
^
$1'A
6- 1
(/■ 7.% "preferred i (quar.)_?__
;.'
$1% 6- 1 ?■;
Illinois Zinc Company (irregular)
25c
5-25
Imperial Varnish & Color Ltd. com. (quar.)
?:
12'Ac
6- 1
$1.50 conv. partic. preferred (quar.)
37'Ac
6;Indianapolis Public Welfare Ass'n. (qua.r.)_
$1
6Ingersoll-Rand Co.
$1'A
6-
8
Brass,—
Hilt & Sullivan
Mining
trating Co.
(quar.)
Buckeye. PipavLine Co,c_.;;;
Co.,
5-
50c
7#>
Water
5-15
5-20
7
5-
$l'/4
;
pref. (quar.)_____—
$6 pref. Xquar.)
Co.,
5- 5
8- 1
common————37'Ac
—
5-15
6-
$1'A
^
InvestmentNews ;pepartrrient": in theyweek
declared..
6-
Knight
5-15
;1
5-15
50c
:
5-15
•;
12'Ac
—
and
1
50c
Teller,--Inc., .6%
'
second table< in'
under »the. company name in our "General
•
1
6-
Rubber
• $lVa
preferred (quar.)/
.Hawaiian pineapple ,.Co._
;Ha?el-Atlas; Glass Co. (quar.)—
4-30
5-15
80c
<
^which-have notjret been paid. -;Further details/and: rec¬
ord of' past dividend:
6-
4-30
,
5-15
—
Special .guaranteed (quarJ.-_____,__:_—^i_
_,:Ooast Breweries,-Ltd.v(quar.),_
Colon Development Co., Ltd.—
: vr.
;^nounc^: the*;
1
5-25
$i3/4
City of New Castle Water, 6% pref.
City Water of Chattanooga, 5% pref.
Cleveland-^ Pittsburgh RR.—r %
show the dividends previously announced, but-.
we
&
5-
&
&
5-15
5-15
'' $1
.;
;
7% preferred 'A '(quar.)
rHajoca Corp., 6^« -preferred (quar;)———J
fHaverty, Furniture^ oommdn__.
5-21
5-14
5- 1
Tire
'
(quar.)
5-30
5-15
5-26
./
.v:"..vt28c'
Corp
Securities
HaQkens.ack
5
6-
1
Cycle
Gulf Power
5-31
:
(quar.)
(Philadelphia),v$3,;pref.
Aluminum
Chilton
..
■
6-22
6-15
6-
87'Ac
bring together: all1 th^ .dividends
current week:- Then
3-30
1
Fine
Central
DIVIDENDS
Diyidends
first
4-15
25c
Carolina
:
.
;
(Graton
37'Ac
Char is
:A
1222
1686
—Apr 27.;.::;.
...
8
Golden
iGopdall
5-30
6-20
'
37'Ac
35c
75c
t$l3/4
(quar.)
5-20
6-20
.
$25c
rHeyden Chemical
Canada Crushed Stone Corp., Ltd. (interim)
Canada. Wire & Cable/
Ltd., class A (quar.)
X Class B (interim).——
'
j6'A% preferred ^ (quay.)
1318
1
5-
6-15
Vm
56
1
6-1
15c
California Water Service, 6%
6% preferred B (quar.)
&%%..
—
Unified Debenture Corp.
United
(Varsity Theatre)
1930
$5 conv. preferred (qu'ar.)—
.Gorham-Manufacturing Co
f$2
Bunker
(
1
Avenue
dated
8
J12'Ac
pref. (quar.)______
G.) -Iron Co.Mirregular)
Brooklyn Edison Co. (quar.)_~
7
Jun
Sherman
bonds
5-
15c
(quar.)
Brooke
1604
Jun
1710
5-15
1
10c
Inc.iycoramon_li;__^________^
Bonwit
*
series A, dated 1927—Jun
1
debentures due 1952—Jun 15
3J/2M>
(Goodyear
1
6-
$5
(quar.)
Stores, common
7%'< preferred (quari);
Bohn
*
England
5-30
6-
:_c
i__;
Spinning, com. (increased)
t
A$5 convertible-preferred (quar.)___
1311;
7.7- $7 preferred ' (quar.)
Naval Stores
New
.
6-16'
50c
1603
____Jun
9
15c
>( s-a j
1313
1956
9
5-
?(initial
1
1st mtge. 3%s, due
5-
1
75c
Co.-^i-?—
'".$1.50 preferred
*
/
1
10c
Quarterlyi_?__-_;—____;____^
7 Eeaunit Mills,
preferred (quar.)—
Corp. (quar.)
Wares, LtdM 7% pref.
Participating '
6-1
6-1
6- lv
.
_
Steel
6-16'
37'Ac
;
General, Amei'ican
5-30
9-16
5c
Acceptance Corporation—
series preference
(quar.)___
General
5-15
; 87'Ac
t25c
1
6-
Radio
Oil
Brewing—
6-
$2'A
Co.
.
.
8
"
5-29
10-1
? 23c
: $1%
$1.50
T/o
conv.
r
6-20
4-28
/MB"'.'!/-;;
15c
.
.
5
5-
5-11
•
1
3c
t$l%
Bethlehem. Steel-Corp.,-.common___,
7%
preferred (quar.,)'X'----,
Ry.
5-15
7-
Dredge & Dock Co.—
$1%
Extra
Blauner',s:
Minnesota Transfer
General
of Rec.
5-25
$1.60
40c
________
Pitt
Holders
When
Payable
75c
(s-a)_
1
(s-a)
$l'/2
Financial. Corp.,.75c, 1st
Refining ,Co. • (reduced)
Corp.-, '6%I preferred; (quar.)
*
series
5-21
preferred
$1'A
(irreg.)
pref. (s-a)_
•
A and
1
6r/o
25c
(quar.)
Dry Goods, 6c/o 1st pref. (quar.)
2nd preferred__'_;__'_
sealed
3 y2 %
per
share
75c
1
series
■i
6-
30c
Holding Co., Inc., debentures dated 1932—May
1
Power Co. 1st mtge. 3'As, due 1961—May 15
Oregon Pulp & Paper Co. 1st mtge. 6s, ser. A and B__May
1
..
Fort
$1 y2
Corp.,' 7 ^ preferred
Barnsdall
v'1679';
Literary Institute of St. Mary's of the Springs
:7.; •
1st mtge. bonds due
__;_^.__May 8
Lehigh- Coal & Navigation Co. consol; s. t. mtge. 4Mrs,
5-21
Show; common (quar.)_— _
6(4- preferred ."(quar.)
>'■ Banque Canadienne Nationale
.(Montreal) —
Ladies'
,
<
1
(reduced)
Baltimore
$1377
bonds
1948-
B
Autocar
1307
1
6-
(bi-monthly)
Barber-Ellis: of-Canada
Indianapolis, Columbus -to Southern-Traction-Co., 1st " ' •4
1
■'C-ivi'mtgOi, bonds,;due,:.1948^._-^-:-:_i—1;
J
t
1307
'
Co.
$250,000
•
Quarterly,
Florida Power 7$> -pref. A (quar.)
r
7% preferred/ (quar,).?
:
Ford Motor Co. of Canada, cl. A
(quar.)
:
Class 'B ;(qua'r.)-_J
5-15
Atlas
*
Federal
•;
4-20
25c
',
of
Name of Company
Fitz Simons & Connell
5-29
Astor
"
2
1
5-
Atlas
•
A, due
Jun
Driver-Harris Co.'$7 preferred stock____lC_^_i__Jun
Fairbanks, Morse & Co, 4% debentures due 1956——Jun
5-
Atlantic
1675
1
6s,
News
Associated
*
-77$
4-20
1
7*/c
;1»
Citizens Independent Tel. Co. 1st mtge. 4Mrs due
Connor (R.) Co. (Wis.) 1st mtge bonds dated
1
common
—
";i "
1967—Jim
__
mtge. 3'As,
5-
50c
6-15
Artloom
income dollar
—
Co.
7-13
A____
Associated
*
.
class
Arkansas-Missouri Power Corp., com. (irreg.)
6'A
preferred ,'.(a-a)?;_l_—_.
*
1942-1946—May 29
5-13
7-15
8
5-23
7-
-
May 11
5-15
5-
:
5-29
1670
1670
.
Bernhardt Realty Co. 2nd mtge. 3s. dated 1937
Power & Light Co. series debs, due
Central
1 ? 3c
.
?
,
preferred,(quar.)
Class
*
?' Atchison Topeka & Santa Fe TRy. Rocky Mountain
77"
/ ' Division 1st mtge. bonds, series A, due 1965_1—____Jly
1 >?,"T "
.-? Augustinian Society of 111. 1st mtge. bonds dated 1929—3u'n
1
*
?
5-23
Rolling Mill Co.—
25c
Smelting & Refining Co._____"
'
50c
Thread.Co., 5'A pref. (s-a)
12'Ac
American Tobacco/ common (reduced)75c
1670
1960i_;„j;>_„i__;________^J\iay
33AfA
6-15
American
1500
?,?.
debenture bonds.due 1950_Y!_Jly ? 1
V American Gas & Electric Co. 2'A debentures due
1950—May 21
3 'A 'A debentures due
6-15
American
.497
•
5-15
1
American
?? .■::
;
6-15
6-
V
-
.
.
&
$2'A
Co.,
-
' /
' '
Co.l________
Williamsport RR. 7% pref.
.Fall River Gas Works (quar.)
Falstaff, Brewing Corp. (quar.)
Elmira
jasc
_r,
purchase
Eaton Manufacturing
5-20
;
(quar.)_«
Deslauriers,
receive
bids until 3 p.m. on May 4 for the
'
t30c
5%. preferred -.(s-a)
6%
Page
;;;;??:?';•?
7
.... •
^
1
'
$1'A
,,
JPurniture/Co.,'"common
American
f
i,i':;.;-;.;-:
Co.—
rower
.
.
mtge. lien & refunding 5% bonds, due 1951
Jun
Owners Corp. 1st lien income bonds, due
1958_J\lay
;
:
Holders
of Rec,
25c
.:—
f
? American Metal Co., Ltd.,
:?
First
'
When
->•
(quar.)___
will
•
6-
(St.
i./:?
American-Marietta
.
•
the details
Co.
V ,7.% ^Preferred Jouara?———-..
and the page number gives the location in which
ers,
Insurance
Export Lines, 5"% pref
&, Foreign Power Co.—
preferred. —
Tj:.: $7; preferred
last date for. making tend¬
or
v.
Clerk,
Dated Feb. 1,
Kingston, Ont.
Bonds Sold—The Royal Bank of 1942/ and due serially; on Feb. 1
;
Canada, of 'Montreal, has pur¬ from 1943 to 1962 incl.
American
$6
City
Offering—A.
provement bonds.
shareV Payable
- - -:
(quar.).
including
those called tinder sinking fund provisions.
-
? 25c
Automobile
Louis)-
-r:
Co.
American
list of corporate bonds, 'notes,
stocks tailed for redemption,
Arch
American
>
and preferred
'indicates the*
American
Per
'
Ifd.me of Company
V
vi
Sherbrooke, Que.
Bond
bNTARlb'
sel, these bonds will be the legal mortgage bonds has been pur¬ nance expenses
and, (c) to create
binding, obligations of the chased by Harley, Haydon & Co. covenanted hot to
sell, lease, or
village secured by a statutory of Madison. Denom. $1,000. Dated adequate reserves for
deprecia¬
first mortgage lien on the entire May 1, 1942.
Due-on May i; as tion. ; The
village has
further
«
May 1 from 1943 to 1950 incl.
on
loans.
war
,
and
Redemption Galls and Sinking Fund
*'UNotices illlllllli I.
at a price of
basis of about 3.61%. Due
a
.
Viola, Wis.
Bonds Sold—A $40,000 issue' of
:
service
Treasury Bills Sold—An issue
duce; sufficient
$45,000,000- ' three
months'
times, (a) to pay the principal of
and / 'interest on these bonds so Treasury bills was sold on April
long as they remain outstanding, 28 at an. average yield of 0.545%.
V'-*".
' ] ;
-
electric
99.53,
-/•
•
j
-
1
?.
/fa"
;
,
CIv;fa7.
fa
;■
Name of Company
Ry. (s-a)
T wist Drill Machine—
^Montgomery & Erie
Morse
5-15
(quar.):.—
(quar.)
Corp. of Nova Scotia
Works, 8% pref.
Mortgage
Water
Muncie
#y2%
preferred
.
——:—
Manufacturing, com. (initial)
class C preferred
__
Jl&shua
I'M
2nd preferred
Credit Co.
pref.
(6'M
(s-a)
New
York
Zinc Co
Jersey
JBtew
&
non-cum. preferred
H. Y. State Elec. & Gas,
#5
:r77
(irregular)—i—
stock (non-vot.)
(irregular)
Jfonquitt Mills (irregular)
Morfolk & Western Ry. (quar.)
Sftarthwestern Natl. Life Ins. Co. (irregular)
Worth western Public Service Co.—
7%
preferred (quar.)„
£%
preferred-, (quar.)
' ' ;
Harwich Pharmacal Co.-/fa
Uthio State Life Insurance Co; (quar.)
fa
1
5-20
Westinghouse Electric & Mfg.,
i
4-15
5-
1
4-24.
-
.
non-cum.
5-14
#y2%
5%
preferred C (qqpr.)
preferred D (quar.) —
conv.
conv.
Quincy Market Cold Storage
Initial
Reading
Arrow
B®d
5%
4%
Co.,
preferred (s-a)
1st pref.
4-23
—
7
55-
1
"
_
Participating
4-25
*}f/o guaranteed preferred (s-a>—.--7.—
Participating
Rochester Gas & Elec. Corp.—
:'<•
£'M
j
"C"
preferred
(quar.)
5-15
6-
5-11
6-
5-
6-
1
Louis Refrigeration &
St.
Extra
<6-
1
5-11
5-12
5-12
American
6-
1
5-18
6-
1
5-18
SVe
6%
Participating
—■—
preferred (quar.)__
Southern California Edison Co.,
.7
6'M
.
6-
6-
Water
Stamford
Co„
Standard Cap & Seal $1.60 conv.
Sterling
Y'%
,
Co.
Products
Chemicals,
United
Gas
5-20
5-20
4-24
American Safety
American
Steel
1
4-20
6-11
preferred
Series
B
U.
S.
Paving
U.
S.
Printing
£%.
1——
Card
*z
convertible
United
Merchants
Co.
5-1
1
5-30
1
5-22
6-
5-15
5-
5-15
5- 1
Atlantic Coast
1
4-30
preferred
&
Mfrs.
:: .7
5-
United Public Utilities,
#2.75
;
$3
5-1
4-30
1
5-
1
5-
2
6-
1
5-
2
Bank
7 5-
1
4-20
Bank
5-20
5-10
(extra).
Montreal
Bankers
5-5
1
5-11
4-30
4-23
4-30
of
Toronto
7
A
Class
:fa 4-21
6-15
45-29
7-
Belding Heminway Co.
4-23
Bendix
4-30
4-23
Bensonhurst
5-21
5-11
5-15
7-1
Black
5-28*
8-1
Rock
Conn.)
7-20*
1
7-20*
8-
Bloch
Nat'l Bank
Bank
&
Trust
(quar.)
Bros.
(Brooklyn)
(quar.).
5-20
74-30
6-30
Wis!
6-30
t$2
.6-1
:
1
7.
1
5-15
5-25
5-15
5-25
5-15
Breweries
5-11
5-15
4-30
1
5-15
6-
j
&
Distillers
Ltd
(quar
preferred
(quar.)„_____„__________
Corporation, common......
7_
6-15
4-30
5- 1
.5-15
5-1
5-15
fa/fa 5-' 4
15c
6-1
"
5-15
6-
5-
I
6-
1
5-15
6-
1
5-25
5-15
6- 1
Serv.,
pref.
$6
6- 1
5-15
CM Employers Casualty
5-11
4-28
6-1
5-21
Co. (Dallas, Tex.) iquar.)
Fansteel
;
30c
Morse
6-1
?
]
.
(quar.).
&
Co.
5-15
"5-15
5-
5-15
5-
4
5-15
5-
4
8
:»3?'/2C
California Packing Co., common..
7
.
5.%
preferred
"6-
1
5-11
Canada Dry
6-
1
5-
Canada
5-
1
4-25
(quar.)
62j/2c *
...—2
•
50C
^—....
(quar.)
;
ifat. Fidelity-.Philadelphia Trust Co.
•
5-157 7
-
5-15
7 First -National
*4-30
;
6-10;.
Ginger Ale
4^0
Malting Co., Ltd.— .7
...
shares 3 (quar.)—..
(quar.)
——_
5% pref. (accum.) 171_lJ
Breweries,
Ltd., $3 conv: pref.'
6-
1
6-
1
5-15
6-
1..
5-11
Canadian
:i
5-
8 7
5-
8
1
5-
7
6-30
ferred
Canadian
7
7-
1
6-15
5-25
5-25
12,/2%
+75C
6-15
5-29
—t683Ac
6-15
5-29
Class B
——
Industrial Alcohol,
(interim)
cl. A
—
(interim)
1
Shares_.__-_4,.--—^
(final)
——_77.
Canadian Oil Cos., Ltd. (quar.>.i_.__——
Capital Finance Corp., 6% pref. (s*afaT777.
Castle (A. M.) & Co. (quar.)
Centurv Ribbon Mills, 7% pref. (quar.fa.7_.
Cedar Rapids Mfg. & Power .Co. (quar.)__7.
Celotex Corporation, common (quar.)
5%
preferred (quar.).:..—
Canadian
:7 71
6-10
this pre-'
___7_7_J.
Ltd. (irreg.)/
Canadian Insurance
6-15
,6-10
stock
Canadian Fairbanks-Morse Co.,
4-30
7
">
*«5-18,
10-
25c
.7.
•
6-15:
:
5-25
5c
$2
Marconi
85c 7 .7-15
fa
7
5-15'
fa
5-15
i1
20c
4-30
'/>:
<
5%
conv.
pref—_
4-17
4-20
6-1 „.t- 5-15
,
fa 7- 1
,81,;;,/; .6-30
a;
■
'
' Vfafar 25c
fa-fafafaj;
(s-a)._fa_fa._r_.c —1 _____I.e.____fa:
Extra/'
v
' ' 7„:
77fa :
v. :
50c
6-25
6-23
r
.
1
6-
1
6-1
6-10
"fa 6-1
6.:i
*
7: 7
.
79-1
,
.
:
6-10
25c
,
6'
6-10
v
r;T$.% preferred >'iqUar.r;77._-:.fa_fafa:rr..fa__.:7faI7»Ac?.
preferred .(quar.)..fa 17Vic
5-20
.8-20
12-1
.7-7% preferred (quar..)_
—__._i_.-7 17'/2c
•Tfatfa
V fafa;fa A f' Fprt Wavne &' Jafcksorf R^,, 5%% -pjP«t*7a-a).. fafa «2.%
6-15.
fa'fafafafai. Fox De Luxe Brewing po. of Mich, (initial):
" 12Vic"''
6- 1
50c fa.
7 fa 5-15 .; Freeport Sulphur Co. (quar.)
5-15 fa-faFriifhauf Tracer,; commoh_.-.^.-wr.___-..r!7
35c- •6-1.
7 6-1
:
*"5-20
.fa 5%' convertible preferred (quar.)___.fafaifafafa SlVfaf'
7-1 fa
5-20 *7
Puller Brush. Co., 7%'' pref.. (quar.)fa___.i._
$1V»
6- 1 ;.
.4-30fa " General Cigar,, 7% preferred- (quar.)^__.._..fa.
11-20
8-20
5-30
'
.5-15
5-20
5-20.
-
25c
Common
Co.
Central Foundry Co.,
1
5-13
5-15
y.
i-vfafafa,
*.
6-
•
$i.y2
.....
6-13
76-30 ■77 6-13
25C
..-81
.
6-11
1 Hfa 9-11
6-30
;;
t$l?fa",5-20 'fa-, 4-30
6-20 »r, 6- 5
25c:.
5-25 Si:
i5c
5-13
7-iquar.U.
.fa.,
Fitzsimmons Stores—
,
.fa
creasing the redemption price of
"
"
5-29
5-15*
1
9
12-15
fa
1
•
7
5-29
6-30
6-
7-
.
: 6-10
Extra
fa/Class^ B
7 fa-
6-15 7
'.r-
12-18
81% 7
'; fa cia,ss, Afa'.,(s-a)
75-22
5-
9-30
First
5
55-30
fa 6-15
50c
Stockholders approved plan for
clearing all arrears by .raising thj8-a:nnual
dividend rate from $3. to $3.40. and in-"
7
9
.6-
450c-
4$2'/2
(quar.).
7'
5-19
5-19
.•
shares
Bearer
Canadian Bakeries
1
6-15
v
6-
(Chicago
"
*
Registered
6-15
Bank
11-20
9-15
First .National Bank,/(Jersey City) • (quar.)j,_" ifar ;•'?)
Security Corp., (Ogden, Utah)—
^
.
8
1
'
."
8-21
1
6-
/
6-15
(quar.)_*i_;
W fa -Tire; Association of Philadelphia (s-a)
7
fafa Firemen's-Insurance ,Co.(Newark. N. J,) (s-a)
.5-21:74-23
Eirestone Tire & Rubber, 6% pref.,(quar,)..
5-23 C
r
$2Vi
$2%;
•
•
5-21
$1%
.__._.___7._._I._._____r__1l^,-^_
'
7-25
10-24
:
$i%v:: '6-30
'/;■
;
5-15fa^4-15i
'7
1 ::
2
12-
(quar.)
Metallurgical, $5 preferred
QuarterlK
11-
5-15
V
81%/ fa. 6- 1
fa 9- 1
7$1%
'
.
...
9
8-
j
30c
....
(quar.)
$5 preferred A (quar.)
$5.preferred A
Fairbanks
6
5-11
6-
.
-.
;
>
4
Quarterly __ll.n
1 Erie RR. $5 preferred A
5-21,s
~
6-19
5-11
fa
(quar.)_n_ll_7.1_l..l.__ fa:fa*.: 81'/-.
guaranteed
4%
£.«.
'7:4-30
5*45
i
•
_
7 .
'.,3c
Jackson
& Wireless
1
j
.
Co..,
.a—_—...—
:'4"25C>
(Holding),. Ltd.tT.,- ... 77
2% % •:
.7i5y2 % preference (final)—1
> $1
Cairo Bridge, class B (liquidating)
-.7.7,
ri7t5c.'
Calgary & Edmonton Corp.,. Ltd.- (interim) J
Cable
7-
125C
'
Byron
12-17
t$iy4
Kv.?
Sugar Associates, $5 pref. v. t. c.
Empire & Bay State Telephone—
,
5-21
10-20
1
Public
Eastern
4-25
6-15 fa 7*i5-
>
7-21
1
12-27
.
fa
•/■ 75c
,
(irregular)
Shore
£ 7,7 $5 preferred (quar.)
v5- 1 . ; --fafa. $5 preferred (quar.), .._-l___.j_a____.___
fa
Farmers & Traders Life Ins. Co. (Syracuse,
; 4-30 fa
fa r
N. r Y.) (quar.)
4-30 77. /• -
fa 6-71. fa •fa
1
11-
15c:
I. Federal Bake Shops, ?ommon^
-7:
^.Hv—
fa-.,,.- 5%
preferred (s-a)____._.
Bunte Bros),' 5%' pref.
(quar.)_i^l_wJ_^—, ,7 $l'/4 v fa 6- 1 fa .7'5-25 fa
:
Federal-Scfew Works initial quar.)_^._
'* 6-1^
-5-15 4
35c
Burlington Mills Corp., common (quar.)
Feltman-& Curme Shoe, $3V2 to $7 p^ef.__ 7'fa,
683Ac
fa 6- 1 ' :i5-15,;
>;
$2.75 convertible preferred (quar,)
tit/-'-'
.5- 1 fa f Ferro Einamei Corp. (quar.).—
15c - 7- 6- 5/
Burroughs Adding Machine Co....
Fidelity Fund, Inc. (quar.).'
;
15c 7 •fa6-4,fa
Butler Brothers, common 7irregUlar)____._^
Extra
r;- *
6- .1
37V2C.
5% convertible preferred (quar.).^
.
J 10c
..
5
6-1
,
•
8
5-15
;
$174.
7
8-
15c.
■
6-15
50c
'
5-15
1
6-
: -
Brooklyn Telep-raph & Messenger (quar.)—.
Silk Mills, Ltd.
(interim)—_.
Bruck
-
15c
,
'
5-20
5-15
,*
5-23
5-15
;
]
A.7
6-1
.
75C
.
1
-
8
1
6-10
6-
'
:
5-15 2
5-20
1
$1%
5-15
5-20 V?
5-
81%
(quar,)_.:T____.._
common
•
fa
8-11
5-14
Co,
5-20 :: -fa 4-30
7*
1
1
1 /fa'5-22
25c
,
Common
4.
(quar.fa..
of Vancouver,
9-
1 ■fair 7-
.1;.
•
7 6-
.
75c
$l'/2
H
.
5-12
1
6-25
6-' 1
37 Vic
(quar.)
1
12-23
8-
5-10
«
10-
6-
4-30
•
■
A
:
1
40c
.6-30 7 7
;
12-19
$l»/a
5-14 fa.
preferred
6-20
-
717 $6.50 preferred (quar7)l.l__.l_l__l___.l_
7 c Eastern Steel Products, Ltd. (quar.)...
•6-30
C
6
(quar.)
-
6%
(quar.)—
Borden Company (interim)__
Boston Fund, Inc. (quar.)
Bourjois, Inc. $2.75 preferred
6-10
class
Eastern
fa 5-1
i 5-
pref.
fa 10-
$1%
(s-a)7..._
71.__7___.____
Common'£ —7_1J
6'M preferred (quar.)
7-1
fa 5-15
.7
,5-15
12-23
Common
.
—
7-
1
12-23
1-5-43
12
r:
CoV," common.....—
Chemical,
5'Jo
•7
fa 5-15
6-
7; 5-15
(quar.)
10-
,6-. 1 7
-
;•
fa.
1
fa; 12-23
•
1
7- 1
5-15: i.Ay. 5- 5
Dow
(Bridgeport,
Co.
common,
10-
1 ■h
7-
5- 4
6-
t.
8J 5-
7-
iy
5-15
v.
...—
Tobacco,
J
•
far 5- 9
1
«
4-30
•7
5-15
5-29
6-
6-20
62«/2C
.6-15
iiSil 5
r
:
(quar.)_._4..._—A
common
_7_4_
Common
7 6-30
A
"v"'!;
$ 134
participating preferred
Diravo
,
7-. l
(Indiana)
fa/fafa
25c
6 Dominion
«& Anglo Investment Corp., Ltd.—5% preferred (quar.)
.381%
:>r.
'. Dominion Bridge Co., Ltd. (quar.)
$30C
6-15
fa 6- 1 fa
s-i
5-15
;
'
—
7-22
2
6-15
8i%:.
81%.,-
(qu8,r.)___._____.„^„^_
$2.50
5-16
1
6-1
9- 2
for
common
Match Co.,
Dixie-Vortex
;
£4-24 fa
1 7
y2.
10-22
1:3c
*
fakfafa.>.
'
.
7 Dodge Manufacturing
7
2
11-
fa
$3
,
preferred
6
7
4-30
6-
1.70
6-18
100 fa
__.ii
Di-Noc Manufacturing Co., 6%
.
lfa
6-
5-11:
(quar.)_„-.___.;.i...
Corp
:
7.
Best & Company.—.——_—/
Aviation
7 w"
4-17
1
4-30
7.5-
5-15
6-30
#
$!»/«
preferred
I'M
7- a Diamond
6-23
•
6-15'
6-
5-15
:
7
"10c
pref.
7.S 7 7%;
7 5-15
-
4-30
$2
....
Semi-annual
6-23
6-30
5- 5
5-15
30C
(quar.)..
j Detroit Hillsdale & South Western RR. (s-a) *>v:7::>*82.i
Detroit/Gasket .& Mfg., 6%
6-20
j
4-30.
4 Detroit-Michigan Stove Co.—
fa-6- 17 75- 4
7
4-23
6-12
6 7:
6-30
7
4-30
(extra)
6-20
7- 67
.
4-30
,
5-15 :
>'
;
5-15
433Ac
.
'
£
fa .5-15
50C
(quar.)
"A"
.
7
(quar.)——
common
of
25c
77 t$2
Ltd.,—
Co.,
Paper
430c
.
6-
Milling Co.—
iquar.)
(re¬
'
&
5-15
(quar,).—
$1
j
5-20
1
preferred (quar.)
*■
(quar,)....:
'
Power
7 7%
,
share
preferred
6-
7
5-20
share held)
Supply Co. of N. Y.— '"7
preferred
.
(N. Y.)
each
5
4-30
6-1
6-1
81
' V
7 7 ;. »■(30c in cash and
7'/o
rMi cfv
•-
RR.
A5^.5fa 7'f
4-23
quar.)
Bathurst
,>5-29
60c
(quar.).———
Shippers Insurance
&
duced
4-28
6-
of
r
•7, Dentists'
9-15
5-
;
fa 5-15
(quar.)..
&
Ltd.
Co.,
Clinton
1/100 of a
.:7V
'7
'.
.
7C
(quar.)..
$2 convertible preferred (s-a)
Seal
Port
1
:2c fa:
Class A common (initial)
4
12-
$4c
(quar.>™^__^_™
5-15*
6-15
5-20
•
1$1% "
-
fa"5-2S".: 77%
$1
common
4-8
-4-15
20c
fa
(quar.)..
&
10-
:.25c
7
(quar.).'
V Delnite Mines, Ltd. (interim)
s'7 Denriison Manufacturing— V-C
.•9^.'4,v
National Trust & Savings
America
of
Association,
,'v
•
15c"
Mng.
5-15-
$3
:
7 5- 2
7
.
6*. 5
.
»
6-2° 7
tWi
.
5-16
—
544f
9-15
MC
-
—
Petroleum Co.
Bandini
2
6-
.'
Monthly
Bank
$l'/2
50C
50c
preferred—.7
4-30
Culver &
v
5-15
15c
non-cumulative preferred (s-a)..^.-...
Mines, Ltd. (quar.).—.
Avondale Mills
(monthly)
...
4-30
1
7-1
(s-a)—.
preferred
1
5-
$1
A—
Ltd. ord. reg.
fa'-;
;•«
fa t35c '
pref. (quar.)_L-l_.^._.
;7 Crum & Foster,. 8% preferred (quar7^..-_..
fa 5-15
25c
5%
50c
Extra
United Molasses Co.,
Line RR.—.
5- 5
fa 5-15
Crown Drug Co. 7%:
,
5
6-1
fa 6-1
;•
"■fa-fa- 3c
common
6-1
$1
Aunor Gold
5-
6-
(ouar.)
Co.—
5
5-
.7
Spring..
r
-
9-25
1
•
55c
$ll/a
4
•
(reduced)
Cork
Crown
5
;
6-15
$2.25
—
6-25
12-24
•6-
60c
preferred
Common
1
9-30
mv» :■
$2
Varnish,
.
12-15 7
75c
•
(interim)
4% convertible preferred (quar.)--——— 7
Atchison Topeka & Santa Fe Ry.:
&
1
12-31
mvs
(quar.)
50c
(s-a)——•——"7
preferred
,.;7:
_
.
.4-30
-7 6-30
of America..—..7—....
Cresson. Consol.. Gold
.
,
;
5-15
tllVafa
,
$2.40 pref. (quar.)'
40c
.
fafa:<4 14C
tsoo V
fa-4-15
preferred; (quar.)....-.....!.^...
Power, 6% pref. (quar.j.
Coty, Inc.
:
>
•8-25
6-. 1
$l3/4
.
-
Razor—*.^^^.7—7
Argo Oil Corp. (s-a)
Armstrong Cork Col common
6-
7
6-1
t$l3/4
(N. Y.y iquar.)—^
75-15
5-15
■v
(accum.)
Cosmos Imperial Mills/ Ltd.
-6-5
-
6-1
-
■
$l3/4
(quar.)_i_^w:t.^^l.—^.-.1 7
•
5-25
I
Paint
,;■?'/«
,
$l3/4
-
4-22
6-15
5-
preferred
5-
68%c
|r J.005C
(semi-annual)
•_
11-25
"i ;fa6- .5'": : * Cuneo Press, Inc., 4y2% pref. iquar.)......
Cunningham Drug Stores, Inc.— .V=,
7-15 '7
6%. class A prior preference (s-a),
6- 1 v
5-15 V
-$1%
7
Foundries.____.___i..___^_7 £
Amoskeag Co., common (semi-annual)—
$4.50 preferred (s-a)
j,
v.:
Arcade Cotton Mills, common..^
—i-7,7
6%
75c
50c
$1%
7 t$2'A
7; 7 10c
$1!A
,
Li^hOPTsnh
7%
5-21
5-20
.
U. S. Electric Light & Power
7%
American Re-Insurance
-,
"
(quar.)—_ •
(irreg.)1:
(q"nr.)__
Corp. $7 preferred
Improvement com. (reduced)
(ouar.)
Shares (Del.)— •
United
$5
$3 pref.
Inc.
Engineering & Foundry com.
pr^ferr^d
Goods.
preferred (quar.)
———i
preferred
(quar.fa—.^
:
American Public Service 7% pref.
American Radiator & Standard Sanitary—
4-20
4-20
5-15
6-15
20c
(monthly).
pref. (quar.fa.
Corp.
5-15
•5-15
$l»/4,
$4 preferred
(quar.).
Corrugated Paper Box Co., Ltd.—
;
12-. r*
50c
7 7c
5-20
5-
62V2C
7%
1
,
United
Paper
3
5-15
1
.
United
American
3-
1
5-14
37'/2c
l 7: 1
Quarterly
—jr———■
50c
Tjunpa Electric Goc. common—45c
Preferred A (quar.)$1%
Taylor Milling Corp. (irregular) ——— , £
25c ;
Tetrre Haute Water Works, 7% pref. (quar.)
$1%
Tide Water Assoc. Oil. (quar,)
15c
Tradesmen's Nat'l Bank & Trust Co.(Phila.)
7^7.
Quarterly
—;
————
£ $1V2
Troy & Greenbush RR. (s-a)_—
;—
: ! $1% 7
United Aircraft Corp. common (reduced)
1
$1
5%
conv.
preferred
(ouar.)———;
::; A $1'A
■:
Products
6-
40c
77 40c
£ 50c
95c
'
pref. (quar.)
Home
5-14
fa 5-14
SIV2
7
'
(quar.)——
—'
(Del.) (quar.)-——
Stjpmega Coke, &' Coal
Saran-Finch 6%
pref. (quar.)__
——7
Swift International Co., Ltd. deposit receipts
Stoker
Standard
American
5-15
1
Ltd.—
conv.
(quar.)—_—
5
4-20
5-28
5-28
7
£
Cushion'
4
6- 9
25c
.
preference (quar.)
preferred, series A (quar.7
preferred
Cook
5-25
9-1
.
75c
preferred (quar.K—
preferred (quar.).
$2
*
8%
;
,
;
>5-1.1
6-1
$1%
$2.50
,r 7J7." -'.
6-
37V2c
31'Ac
• 37V2C
pref. (quar.)r'£ $1V2
^Mtrks-Withington 6%
7
$1%
(quar.)..—....
6-10
preferred B (quar.)——.—
Southern California Water 5% pref. (quar.)
£%
preferred (quar.)_iL
<6%
5- i
5-
7 3-10
Corp..
—:
———
fioott Paper Co., common (quar.)—
—
#4.50 preferred (quar.)__————-—
N' $4 preferred
(quar.)„_
...
Sears Roebuck & Co.
(quar.)___^
—75c
Sherwin Williams Co., common———
75c
#% preferred AAA
(quar.)„'—
$1'A
Soundview Pulp Co.,
common
—_1—
50c
Arms
Savage
r
6-15
7 25c
Co., common...-...-..
Fork & Hoe
preferred
6%
'
..£$1
$3
5*
50c
45c
$l'/a
, $1
preferred (extra)————r^
participating preferred
;
——
partic.
6r15
$13A
-
r,
American General Corp., $3 pref. (quar.-)—-.
$2
/•i
—
5-21;*
■r«l%-
pref. A (quar.)
1% preferred A'(quar.)^-^_^___^^.__u^iVio preferred A (quar.).—
8
12-15
50c
7%
Envelope Co.,
American
6-
:
25c
...
—_i
Continental
"5-15 7 fa 4-23*
•
$1V4
5-29
5-15
■
5-20
5-lo
SI1/* 7
series (quar.)— 77
5%
Iron;
Cement, $1.40 class A—
Consolidated Chemical Industries, Inc.—
12-15
12-31
$1
35c
com.^.i.—
(quar.)
preferred
5%
;
12-31
$l3/4
"'r
6-30
Consolidated
6-15
(initial)—
American Chain & Cable Co.,
7
5-29
>
&
Container Corp.
9t15.
8
74-17
;
•
9-15
9-30 7
50c
6-1
5-20.
preferred
Fuel
cumulative
$2.20
.
:
■•V
5-
$1%
$4
Cold Storage, com.
:
9
Co.
Central Mfg.
American
5-11
$2
£a$amore Manufacturing Co.
—
SL Joseph Water 6%
pref. (quar.)_.___
6-30
9-30
$l3/4
V
fa: 5-15
$1.06 Va
___4—
Connecticut River
•
6-15
6-30
50c
.
.
Co.. (quar.)-^...:....^.^-^.^. -
Can
American
5-20
1
5-15
$1
$1'A
20c
10c
>.
/
5-25
^
$1%:
.
7.—
-
51
—
1
—.—
(quar.)
6-20
6-18
12'/2c
' £ Quarterly
,7'-.Quarterly
•
7- 2 f-: 76-26
6- 1
6-25 7
50c
I'M preferred (quar.)
7 Common '■ (quar.)7—■
-7% preferred (quar.)__i_ii.__^—
5-11
4-25
—j
preferred "D"
(quar.)__
preferred "E"
(quar.)
Rose's 5, 10 and 25c Stores (quar.)
fiajfety Steel Scaffolds
(Wise.)——
Common
•8-15
7 9-
-2c
t25c
,
•
7:25c
(quar.)
1
fa
•
comSSllweaiuj ^teXt%orp~^
,
——
common
5-15
.....
j°"^^^®i j-'A - preferred.,^....!......^
Confederation Life Assurance (Toronto)—
^
.
5-
6-. 1
,
t$l3/4
preferred (quar.)
7%
5-11
1
5-15
* 7;-.
6'M
7
4-25
1
.6-1,
Manufacturers,
Aluminum
4-30
.
■
^
^
$iy2
...
Ltd.—1'.
preferred (quar.;..
Alpha Portland Cement—
76-16
5-26
.
$iv2
7%
4-25
6-
(quar.)
Alberta Wood Preserving,
5-20
7-15
5- 4
37«/a0;
7v.:$l,50 partic. preferred, class A (quar.)^..Consolidated Cigar Corp., 7%
12.19 7
pref. (quar.) fafa'81%7 4-6-71:
12-29 ,
Consolidated Oil Corp.
5-15
12 '/2C
(quar,).:
7-4- 7;. 6-20
'
1
Consolidated Retail Stores, 8% pref. (quar.)
$2
faT-'i 17
10-4 ' ^.9-21;
6-157
$iy2.
7-20
10-19
1
tlVa
$1V«
y_.._
;;
Quarterly
0/ Rec.
1
2
6-
25c
^
Columbia Pictures, $2.75 conv.. pref. (quar.)
75-15r
6-12
50c
%
———
4-25 •;
4-30
~
*
-
Preferred
4-30
6-
(quar.)
7 Cumulative 6%
Holders'
Payable
$1
(quar.)
-
6-17
■
4-30
*0
—
Preferred
When
share:
(irregular).
Albers Super Markets, Inc. pret (quar.^u;
Aetna
4-28
1
7-
.--77;
Name of Company
(quar.)
Standard Engineering Co.
6-15
7 7-
68JAc
583Ac
r
7
Steel Co.
Acme
75- 87
75-. 5
37y2c
Republic Petroleum Co.
1
5-19
>
.
5%% pref. A (quar.)
Republic Petroleum 5Vi%' pref. A (quar.)__
Richmond Fredericksburg & Potomac RR.—
(6% guaranteed preferred (s-a)
—
Reliance
5%
7'
.
7
9
51 A
4$l5/s
Reliance
7 ' 5r23
7i.6- 6
8-
11-
25c •!
.
fa
(quar.)...;
Columbia Gas & Electric Corp.—
r
-
Per
5-15
5-15
$6
$2%
50c
(quar.)_—
Grain Co., 6V2% pref. (accum.)..
Steel, $1.50 conv. pref. (quar.)....
6-15
I M'i
5-11
5-20
50C
Co.
Connecticut Light & Pwr.,
9
5-15
■
Freight Lines, Inc.—
4-30
;
■"
"
4-28
6-
t
' v7 "7'
1
Oil
preferred-Viquar.)
Colorado
4-28
50c
preferred
#6
preceding table.
5
*5c
$1%
$1V4
—————...».
1
5
$1V2
(quar.)
non-cum.
1
•4-30
4
$i'/2
J
Company
.Cumulative
7
announced this week, these being given in the
dends
5-
t$5
•:•••;
7
$1%'
V
^
Special
*6-
C 75c
?
.4-30
7
V:
7 3%
,7 5-11
s
■•>V5t18.:7.
6-1
K';
5-22
& Warehouse—
Associates-,
Estate
5-20
5-
$1%
—_—
$13A
.
t37'/2c
——————
Packing,
Rath
JSeal
1
5-
15c
10c
—fa/fa:
(quar.)
Common
6-;X-7 5-15
183Ac
5-15
e-
■>
$l'/2
(quar.).
preferred (quar.)——
7V $4.25
weeks and not yet
5-20
6-10
25c-:
t87'/2c
7% 1st preferred—
—
Piper Aircraft, 60c. conv. pref. (quar.)
P&tmey-Bowes Postage Meter Co. (quar.)
Pittsburgh Suburban Water Service—
#5.50 preferred (quar.)—
floor & Co., $1.50 class A preference——
SPappper McCallum Hosiery, 5% 1st preferred
Provincial Bank of Canada (quar.)..
Pawvident Loan & Sav. Society of Detroit—
•v:
«-5-29
..5-25
25c
750
Colgate-Palmolive-Peet
,
give the dividends announced ih; previous ;
paid. The list does not include 'divi-K
Below we
1
1
6-
$13A
:,r $1%
50Cr
Philadelphia Suburban Water, common
20c
£% preferred (quar.)__l
—— £
$1V2
Phillips Petroleum (quar.)———J
50c
PSiElsbury Flour Mills (quar.)
i.
25c
Phoenix Hosiery,
5-
6-
State Water, $7 pref. • (quar.)
Peoples Water & Gas Co., $6 pref. (quar.)__
Pqpsi-Cola Co. ———I—--——-
—
$l'/2
£ 6-13
.
5-29
fa
6-20
•
$l'/2
4:7
(quar.).
V,preferred
,5%
7-, 1
■•''fa
7 .fa
(quar.)..;
Cockshutt Plow Co., Ltd
-
5
5-29
7 5-11
(irregular)
Inc., common (quar.)—
———————
V
5-15
6-20
Corp.—
j Clayton Silver Mines (initial)
.
4-28
6-19
Pennsylvania
Extra
5-11
5
••
^-12
76-1
■;
Cinn., New Orleans & Texas Pacific Ry. Co.
1
76-15; 7;5-29
,'$l3/4
;
Service
Cab..
Chickasha Cotton
vr.5-1277.,
•
f.
t$l3/4
t$i'/2
7
(quar.)
preferred
Chile. Copper
,-7'5-il
/•■:
Public
6%- preferred
5-29
$13A' M7>7--;i
■
••
Company..^...-.....
Chicago Yellow
.
/6- .17,
<:/3rll7v,
50c
Belt
6%
;v
v"/■•■-r/r.y '!•!
.a
•v-fe:5-29ris
10c
;
Youngstown Sheet
5'/2%
preferred
5-11
5-15 .ji7_
H
Co.—
Chicago Wilmington & Franklin Coal Co.—
.
#7 7 5-(. 9
'0-5-15
*
-7,\ Per : .1 n-yWhen y Holders
V. Share
Payable
of Rec.
{
]
>
(quar.) 77: $l'/2
preferred..
Chestnut Hill RR. Co.
-j. 5-15 11,
7
Ltd.—
Co.,
&
7;
y;
11.
$1
preferred registered (s-a)—_____—7"
& Tube, common.__.___
A (quar.).—.
6%
preferred
•
Woolworth
5-8
5-21
2c
Paramount Pictures,
25c
<6% 2nd preferred (quar.)
$l'/2
Parker (S. C.) &. Co., common (resumed) __
20c
40c preferred (quar.)
>—
rfa 10c
Class A (quar.)——i—_
50c
Management stock (resumed)
20c
Parker Pen Co. (quar.)
25c
Parker Rust Proof Co., common (quar.)—-—
-v
25c
7 7% preferred (s-a)
,
■
77 35c
Peninsular Grinding Wheel Co._.
10c
H S'M
8
5-21
,
10c
'7 "
Corp.—
5-22
5-
1
6- 1
non-cum.
Paeitic Wood Products
5-20
6-13
1
Chain
-
Utilities
West
Vermont
preferred
$6
■■y
5-25
$1
35c
.
Westvaco
5-
6-
15c
common....
participating preferred.-.^^^^....^.i.
Chlorine Products.
Wheatley Mayonnaise (resumed)
.
Wheeling Steel Corp., common
£—r
$5 conv. prior preferred
(quar.).—_____
Whitman (Wm.), 7% preferred (quar.).....
Williamsport Water, $6 preferred (quar.)-...,
Winters & Crampton, conv. pref. (quar.)...
Wolverine Tube Co., 7% pref. (quar.)
5-29)
6-10
77
v6-
■
prior lien preferred
Central
-5-217:-
•-77
$1 'C
77
7%
3
6-15
10c
125c
preferred (quar.)—_—
fa;- t$l3A
Qsford Paper, $5 preferred
-t~
'
t$l'A
ftacific Fire Insurance Co. (reduced quar.)_
; $1'A
•
5-13
6-1
$1%
$1"A
$2%
20c
fa '•
$13A
$l,/2 20c
13c
Brewing Co.,- common (irregular) _
participating preferred.—'Cttrtario Steel Products, common (interim) _
fi'M
V
4-30
5-20
6-
•
1
6-
£v6- 17;
77,6-10
$1
South
&
;v.>,$6 prior lien
7 /6- 2;
7-75-15
-*75» 6. rVi;5- 1.'7
$3
t96'Ac
,
Co., Inc.—
& Snowdrift
7 »>$7
-
tlOc
Amulet
$4
6-13
$1V2
(fjllympia
.
Oil
Coal &
Virginia
convertible preferred (quar.J—^.w...»
Western Util. Corp. 6%
conv. pref. (quar.).
6-
$1.27'/2
shares
Founders'
,
Warner
6-
$1'/*
-
Participating
■
5-15
Mines, Ltd.-^.__.Jj.-._2..._„.
Bros. Pictures, $3.85 pref."
....
York Shipbuilding Corp.— /.'far ;7>
Kew
"
"
(quar.).
5.10% pref. (quar.)
Waite
$1
$1%
—
Lt. & Pow., com. 77
Elec.
Queens
5-15
5-15
N
/•...• t$l%
»•; 37y2c
Hew Britain Gas Light, (quar.)
•
Central
.
•,:-6-4v'..,,:7-5-,14
$1
,
(irregular).
Iron
15-15
i
$13A
7
Wesson
7<fafafafa
;—________
5-15'
5-. 2
50c
i
5-22
;
.7,7 ■ v-n
Canada—
Products of Western
Steon
common—
preferred (quar.)....—
Vanadium-Alloys Steel
....
Victoria Bondholders Corp. vtc.v (irregular).
1st
7,;,Name of Company
f.
Central Ohio Light & Power $6 pref.
:
$1-
•.>
w
55-20
75- 17
'I*. 5-20
'..5-. 9 7,".7-5-. 2 V:
76-17
•>,'.5-14
$13A
5-22
quar.)—_——lc
(quar.)—*—
$1V8
SRfutional Linen Service.....^.,!—_
;
national Steel Corp. (quar.)
-7
' 75c
(Redman-Marcus Co., 5% pref.
(quar.)
.7,/ $1V*
Reisner Brothers,-Inc. (quar.)...
__ v/V
25c
"
Inc.,
Co.,
Raalte
of Rec.
6-207
.
5-22
$4.50 pref.
Gypsum,
1
6-
(reduced
A
Class
National
Van
17
5-14
$1'
—
(Bait.)—
JSUutional
76-
Payable
,
v.Monday, May 4, 1942
Holders
I When
share
Company
common,
&
7%
—
J81 'Ac
—75c
__
50c
t$38.50
(quar.)—:
Mills
Utica
6-15
,
Corp.,
preferred (quar.)—
Mohawk Cotton
7%
4-24
1
Ltd.—
Namaimo-Duncan Utilities,
Hashawena
$2
4-30
5-
•
Steel
S.
U.
4-30
5-11
17VaC
$ 1 Va
—
Name of
of Rec.
Payable
Per
v
Holders
When
Per
share
>.*.
-•<«:>
FINANCIAL CHRONICLE
THE COMMERCIAL &
1728
6-20
5-3 fi
6-15
5-32
*
General'Finance
Q.%.
preferred
;General"Foods
Corp.,. 5%
B
(s-a)
Corn,
pref, A
5,-!2
; $4
"8% preferred (quar.).,
77
7':/
-/Georgia RR. & Banking Co.
40c 7
fa .? ,;
(quar.)_____„_
5-15
5-15
4-27*
77.
f$l.Va
fa
5-35
"
-fafa,7^^- *1
7 $lVi
5,?; 2 fa: General .Steel Castings Corp., $6 conv. pref.
5-15
"
5-25
30cfa
fafa
(reduced)....
participating class A
'5-25
25c
—-
iGeneral Outdoor Advertising—
1
(s-a)u.
fa
fa
$2
fa
5-15
5-
,5-15
5,15
7-15 /
1
5-1
.
4-15
7- 1
THE COMMERCIAL &
Volume >155 fZ-Number 4069
When
-■Per
/.<•/*/ Name Of Company ;..."
Gold
-
'i
Stock
&
Goldale Mines; Ltd.
\
:
•,Special';
Grand Rapids &
■v
•
-
5-5
5-15
5-
6-25.
6-15
i
25c-
') ^Common, (reduced)
25c r.;
.—.—I,
$lJ/2;
1
DryMonroe-Loan
-
-
-
175c-
:
.
.
5-15
.4-35-
;
4-22
5.-15
?2c
<.
$lVa
Bartlett & Co.-***
Monthly
Hires
(
(Chas.
E.)
Bank
Hooker
Hormel
(Geo.
A.)
&
Co.
,>31
,>7* l:
7-21
-
>"
5-15
4-25
16- i
Light & Power Co., common
Imperial Chemical Industries (ord.t (final)-
x.
5-15
6-
8%c(
5-15
6*
45c;
(quar.)—
1
4-3Q
1* 7
-4-21
30c.
Imperial
Life
Assurance
(Toronto)
Co.
•
•
a5
■
76
•
t$3%
7-
2
Quarterly
1
/ 9-30
& Quarterly
Industrial
,2
v
.
l$3%
Pipe Line
National
Common
47a ft
Co.
Bank
International Harvester, 7%
2
pref.
International Ocean Telegraph
International
$1%'
(qua?.)^4
.
5-5
1'
7-
*57* preferred
Institutional Securities,. Ltd.—
Aviation group shares (irregular)—
i lron Fireman. Mfg. Cq; (qua?,)—-——w
■;/y Quarterly
Quarterly
v
t$l74.
<
5-15
5- 5*
:
Justrite
Kable
(irreg,)^—
iquar.) —
(irregular) ittr-srf *
Manufacturing Co.
Brothers
Co.,
6%" pref;
Keith-Albee-Orpheum, 77*
Kendall Co.,
conv.
1 L:
5-
9-
1
12-
$1.68
^
87V2C
L
i
Klein
(D.
Emil)
X Knickerbocker
c
Knudsen
Co.,
Funds
first
second
'<.-7(d
A
Kysor
•
Heater
4-
4
7-
1
6-20
.
-5-
:;-»;'Kxtra
i
Quarterly;
i„.
.
i
««
6* 1
•
^
v-^v
77*
•
;
,
v,
preferred
Quarterly
Quarterly.
250;
(quar.)
77*
V
,
......
*
(
'
''
9-15
ts*
U.v..
*50q
6-11.
6-
fl
f50c
9-U
9-
2
$5oq
Z 30Q
12-U
12-
2
3rgpv<r««r
.
25q
40C
0-
75q
6-
1
B
(reduced)—
'
2q
■
com.
(Irregular),-^—
—
50c
6-
1
F
Meier
6-10
3-25
50e
9-10-
8-24
50o
Z 12*10,
11-24
5-20
$iv4
-8*-t
250
6- 1
5-20
0* I
9« 1
1
25q
•;
12-
250
12-
I
4-20
6-30
6-20
$2
xXh i
6-20
30Q
5*16
5-
$l3/4'
5-15
5-15
7r 1
5-
50c
,
$l8/a
T
5-26
■
4-29
.
7- tl
31740
5-15
-3772C
6-15
-
5-15
343/aC
5-15
$1
4-30
0
6-15
$3
6-30
J75c
7* *1
<
I
>
:
;
:
'
67*
preferred
$5
preferred
;; 6 7*
10-15
'9-30
.7-15
!
•
z$174
6-15
(quar,)
;
j
»
A
A.(quar,),,—
j
i,,
(quar.)—--J,—,,
preferred
preferred
$172
■;/: 8-15
$172
11*14
5C
5*15
8772o
Z .5* 5
4-27
43 %q
5-30
5-29
Royal
8-31
8-29
Rubenstein
5
Class
(R.
B
J.)
6%
Tobacco
11-28
Ruud
(Helena),
Manufacturing
Rustless Iron & Steel,
1;
(quar,.)—)
Saco-Lowell
$1
conv.
.'5-15
(quar.),—
Shops/common—
preferred (quar.)—
$m
.
5-15
Corp.
of
5-15
6-
V
1-
6-15
250
15Q
627aC
4—
•;
5-15
75c
5*12
1
1-1*43
10-
1 /
6-26
9-28
l.v
12-29
7-
1
10-
1
9-20
1-1-43
13-21
6-20
$1
A ".
7-
•
4
6-10
6-
1
9-10
9-
1
12™
1
;
i
$1%.
.
5*
•V.
$1%
••
1
h
25c
$1%
6-22
::
4-27
12-10/
20c
6*
37'/B c
$17a
1
7-18
*
6-20
6*10
9*
7-20
7-10
$1%
..
9*19
$1%
..
•
5-15
8-
:
1
10-20
10-10
V
$1 Va
.
preferred
(quar.)./..
(quar.)
I._
-
.
9
$| preferred (quar.\
m
;
6-15
y-,. t25o
$7.14
5*22
6-15 ." ;
5-22
6-
;>
5-15
1
1
(quar.
$178
5*11
$174
6-
$2 7a
6*
1
50c
7*
1
7*
1
6-15
5-29
5*14
4-30
Washington, Ry- & Elec, Co.—
5 ft preferred (quar.)-*,/,*5ft preferred (s-a)
preferred
(irregular)..
common
$1 Va
<s*&).,*-,—
/
$1%
25c
.
„
:
1
5*15
5*15
6*15
.
5-15
5-
:
preferred
conv.
(quar.)—'
^
177aC
——
preference
1
6-
43 %C.
1
1
4*15
5-15
$17a
5-15 :f
5*15
4-17
25c
6*12
■
4-17
$1%
preferred
preferred
6-
5*22
(quar.).____L___^„_—
Electric
Paper
Co.,
25c
,x:
common———
preferred
5-
1
10c
5-15
5-
8
}25c
-<——
Co.^.1
1
8*
;Z 8-
1
7-15
11*
2
10-15
(Rudolph) Ca***--
1
5-30
7-15
2
6*
1QC
——
11*
40c
x
10-15
4-20
,
,
5-20
,
Institution—
Quarterly
Quarterly
50c
6*15
6-
5
50c
9-15
9*
5
50c
—
Quarterly
-
6-15
$1
—
Co-operative Mercantile
1
$17a
$1
W.)
7-
6-15
$1 Va
,
•r—^4—
(F.
6-15
7-1
--,5-15
Extra'
Zion's
H 7- 1
30c
—_
Dental
—————.yw——
'Woolworth,
Wurlitzer
5-27
$1%
(quar.)__
Mfg. Co.„^—
Si Baumcr Candle Co., com. (irreg.)..
IS, S.)
5.-15
6-10
$1
—_
6-15
50c
Co.—r—~**-,*——
Instrument—
si 1
5-15 :
12-15
12*
5
4-30
7-
7-
627ac
——
Extra
5-'4
1
7- 2*
1
75c
pref.- (quar.)..
preferred
•Quarterly ;
5-20
6-
6-
Z. 5*15
America--.——*
Ltd.-'(quar.)......--:
Winsted Hosiery Co- (quar.)
4-25
.6" 1
5-lS
250
.
5-29*
8-31*
11-30*
7*15
25c
Wilsil,
4-25
1$2
!-■-~rr--v
6*20
-
preferred
Will
6-15
;
6-5
.
common
^
62 72 c
•"
-■7-15
t$17a
Inc., class A (qua?.),
Co, (quar.>—_—, ;•
$27a convertible preferred (quar.)
>
1
1156
Z
62 V2C
77*
7-15
8-
35c
V 4-25
8
6*
r
(quar.)_._
White
8-15
377aC
,
Canada
i
(quar.)
Whitaker
11-16
.8-1
P
6-15
7-10.
•
30c
preferred
'i
(reduced)—,
com.
.....
preferred
Weston
5-15
i
I
15c
; -
freduced)
of
1
9-
15c
•
Paper
Bank
6-
5-15
5-15
5-
10c
Milk Co.'-**preferred (quar.)—.
Westinghouse Air Brake
6-17
12-
•
6-15
7 6-15
$2 7a
prior
67*
~ ".
—
$1,50 conv,. prqf. (quar.)r
Co., Ltd.. common (quar.) —"
preferred'. (quar.)——
*—_x_,,r
Rolland
>->
1400
1
•
vZZ '.Z'' i;
35c
B
Rochester Button,
r
7--1
1406
5-15
1
6-
/ 7- 1
.
227aC
(quar.)
pref. (quar.).——
(quar.)--—
*/•/-/-.—
West Virginia Coal & Coke < irregular)
West Virginia Pulp Si Paper Co.—
4-16
-
4-15
1
7-F
•
58Vac
x.
(quar.')_—
(quar.).*.*,.,-—
7ft
4-23
(quar.)_x
Reynolds
11-51
5-25
5*14
1400
(quar,),,
(quar,)-^.
preferred
v
prior
$1.75
5-29
■
.prefeirreq
i
Society (Phija.)x(s-a)———i'—
preferred
7ft
1
877a6
non-cumulative
67*
6-15
,
4-10
■
5-15
5-
,
non*cumulativ«.
67*
6-15
25o
——
Republic Investors Fund—«
5- ir
1250
5-20
1
/■: 7- 1
587ac
r
Qrape Juioe, 7ft pref, (quar.).^.—
Wentworth Mfg. Co,, $1 conv. pref. (quar.)
West Michigan Steel Foundry Co.—
5-15
5-29
'
25c
r—
j
non*cumulative• preferred!
.6*15
$2
$17),
" 6-
;
50c
53c
Welch
5-15
2
Loan
6ft
.5-15
(quar.)—
S.
Wayne Knitting Mills,
4-15
Z 6-15
Corp., .77* pref.
Regent Knitting Mills,-Ltd,--*,
;'r
•
5-15
50c
Reed-Prentice
•
1
$1%-
1
4-30
1
West Penn Electric, 67*
(quar.)4l4 i
Quaker State Oil Refining4--'
Z, Sue5®c power Co-"'Uyartl———'r*—
5-15
pref.:(s-a)_.Z.__x
conv.
$4.50 convertible preferred
•
l
5*15
50o
5-9
ZZZ
L.__
Corp.- (special)
-Washington Gas Light—.
I
5-15
6-
$174;
6-15
5-15
(Del.)—
Warren Pipe <fe Foundry
(•
1
,6-
$17<
!
-
Co.
: 7-
7*15-
25o
7-21
5-15" 14-30
,
25c
(Hiram)-Gooderham & Worts, Ltd.****
Common "(quar.)/-—x—
4-24*
5*15
•
8-10
11-10
1
t37c
•
9
Walker
4-25
(monthly)-r,—
(quar.iZl.
8 7*
preferred (quar.),—
Quaker Oats. Co.," 67*;, preferred.
Reading
P 5-10
50c
—J
•
1"o
•;■".
7- 6*
Z-——•
LZ
(quar.)—,
preferred
5*15
"4-30
(monthly)——-4
preferred
77*
$1'A
f. 5-15
(quar.)—Z--|
preferred (quar.
Service Co/of Indianftr- i
i- (quar.);
Z-? ■ &% ' preferred :•
(qUar.Xx-j.,:-,
L—r„x ;
Public Service Corp. of New Jersey—(
Z
-
5-15
»
15c
Common
5-5
—15c
6-30
f3c
Prosperity Co., 5%
6-15
i"
Gamble
Casualty,
7 76
4-30
7-15
4-24
&
8-15
S174
*20o
,
.
5,
:'11*14'
8-
1
5-22
5-15
$17s
.T
Common
•
4-24
5*25
5-
5*15
$1 %-
preferred———!,
1—4,44'-'
Mines, • Ltd.v (interim) J
I—L_—
5*
1-
6-
-
5-19
5-12,
(quar.)
Car
S.
7 %
■
5-20*
156
•
5-15
'
'•
25c
(quar.)__
(guar.),-.-/.
Vogt Manufacturing Corp
Virginian Railway, 6% preferred iquar.)
Vulcan Detinning Co., common
9-15
15c
;(quar.>_^^
25c
■
•
4-22
53c
$4
4-17
1
•
4-30
4*22
$17a
...
(Dallas)
;
:5-li
'
V 5-22
5-22
He
prior:preferred tmpnthly).——
7%, pripv preferred (monthly).
7% prior preferred (monfchly)___LL_____.
United National
Corp.*,**, ; I
"
'•• • ,.
Non-cumulative participating preferred-"
Vanadium
4-17
6-12*
7» 1
Z
t$2%;
6-20
1
+3c
>
$1.50 cl. A (quar.)
-Va'por Car Heating Co.,* 7%
77* preferred
(quar.)-/,
;2-5-43
10- 1,
6- J, •
6-
6-
9
8
5-15
§74
5
6 74C
-•5-15
5-
Power, 572 7*
•
6-30
/
10c
$5
Co.
1
90c
5'/e
5
5-23
$174;
;
15c
.
X.__ ;
(monthly)
Van -Camp
5'Z
5-15
Public
5
5-
811-
75o
L
77*. preferred
(quar,)
(quar.).
Upper Michigan Power & Light, common—
A 6%
preferred (quar.)...—x_
Z-16% preferred, (quar.),
6 7*
preferred
(quar.)y,v,*.xi————4—,
.Utica Krjitting Co*., 5% 'prior pref. (quar.)
5Z.:
6272C
2nd
Proctpr
•
5-15
8-15
a67*(
5*
Universal Insurance Co, (quar.)
Z
Petroleum
(final)-—.
4-16
6-
tlOc
50c
$5
6-15Z
11-15
4—
5-
5-15 ■«
•'
20c
(interim)-x..
(Mo.), $4.50 pref.
(quar.),
United States Sugar Corp.*—
•
Erie
6-30
•
4-24
50C
8-
Lake
,
j;5c
V
.....
preferred
Railways
6-20
•
5-15
$1.60
■r
of
9-21
12-21
5-18
6-20
B*
-
35C
35c 2- 15-43
1
4-30
4*20
35c
,
1
—-...Z-x
w——
IOC; '>/ 5-15
U.; S. Pipe & Foundry Co.
;
H,, 50c
6-20
(quar.).——
7
Quarterly
JL—iZ—» -H50O
9-19
;•
Quarterly
12-19
50C
5-15
$1.60
$3
35C
7-
10*
1-2-43
-
$174
$174
(quar.)x,---x-j..x-,xr-.t
preferred
5
5*15
Extra-
5-31
5-15
50c
prior
5-
5-25
$174
•--
■-
preferred
k
y 5-15 Z
Z
(quar.)______
$3.60
Qold Mines
v
35c
6.367*
U.
-
5-31
-
1
4-30
4-30
1
6-15
$1%
—
t627aC
(quar.)...^
Mfg Co.,
z
5-15
4-30
75c;... ;,5rl5
$17a
;
1
-4-29'
5-15
50c
V 50c
-
5-15
*> 6-16
.....
;
1
9-21
10-
5-15
5-20
5*12"
12-22
$134
5-26
6-20
50c
6* 1
1
50C
.7
6-20
$17a<-
••
6-
1-2-43
r:
.5-
(quar.)—
5- 1
25o
$17«
6*15
pi^ferred
'•
8- 1
$17a
$1.60
6-1
(quar,)_x—
20c
5*
6- 1
;
prior preferred (monthly)
6.367* prior preferred:fmonthly>'___.>____.
U.
•■
$1%
6-20
11,30
77*
•
5-
4—„
Steel
Privateer
t
4-17
si
43 3/40
Whc/o
P:
5-15
'
United N. J. RR. & Canal Co.
■
prief. (quar.)
preferred
57*
11-20
5*30
;si
.
i
•?
-
•
5-15
Co., Inc., com.j (resumed)
5% List preferred--.
67*
8-20
11-20
shares
Stock
(quar.),
Electric
Pressed
.
,8-20
$1V4
.
6*
5- -5
1
eommonHquatZ^—-*-*—4L_—L—.;
Common
8-24
11-24
43% q
& Frank Co.
-
3-25
Porqupine Mines, Ltd. (quar.)— .155/a0
Telephone, common (quar.^?;U; /37V26
Mercantile Stores,
:
8
6-15
50c
t
6-16
6*
'
RRj Co. (s-a)Pittsburgh Cqke & Iron Co.,. $5 prief. (quar.)
Pittsburgh- Bteel, SVi ^iprior preferred—
Plomb Topi Cq.,
common
(quar.)L_---__
5-
:v
*
$17*
&
Potomac
r
$l5/a
4-27
Z
'
j.
field)
(Amer, shares)
Johnson
Bessemer
Plymouth Rubber,
9*10
—
five
Ameriea
8
12-10
*
:
Corp. of "America,-fetocjc dividend
of Conspl. Oil Corp. common
of
Pinchin
10-26
$1.10
•• -v
:
•
■:
share
for-each
Pitts.
5-12-
$1.10
•
Meadviile
/
*•?:
'
.
stock
1
7-25
A
t
6-10
$1.10
f:
>
1
9-16
12-17
25e
67*
-
4-25
5-15
9-30
12-31
,
Co,
United Corporation, Ltd.,
-
4-25
•
;
5-15
•7*
$172t$3
*
-*--4—-L->—_
(quar.) —-rL—t—4—L——
5-
1
7-
i
•
7
6*20
$l5/e
'
Mclntyre
5-
5-29
Corp.
5*11
,5-11
$272'
^
Corp.
-
'5-12 k
> X
iz
50eZ
Belt
6ya7>
=
.
6*30
25c
67*
6-15
*
&
$1.40 Class
9
5-29
1
15C
(quar.)—,T-—.
Co., common (quar.)——
—
preferred (quar.)—
Wttfd Miami RR.CCd.^
«,
*
*
Original capital (quar.)—
————
Original capital (quar.)—i,—-—4-^
!
..Original capital (quar.)
V f*a rrrr>—-»•* wr «f v m
Special guaranteed (quar.)
jjfc
'-Special guaranteed (quar.) 1c
iv^;Special guaranteed (quar.)
0 Longhorn Portland Cement Co.?
•K;i< 5 % participating preferred; (quar.)
-i
Participating
—,*--*• *«**■*■*
5% participating preferred: (quar.) revrxv trtPFr
Participating
f
?
5% participating preferred;(quar.),,,
; ;.a
Participating V
;
1 Lock Joint Pipe Co., cornrnonMmonthly)-^,,
{
' Common
(monthly);
I
7:8%
preferred (quar.)
Lukens Steel'Co.
(irregular);,-,—
i
Lumbermen's .Insurance Co. (Phila.). (s*a)„„
■x
Lunkenheimer Co.
firregulaB),—
; •? ,'s 8'/2 % preferred (quar.) —
•;
6l/s% preferred (quar.)—
(.
672 7* preferred (quar.)
>
Lynch Corporation ;
+***■***
7
Lynchburg &; Abingdon Telegraph Cq. : (St®)
i
Maekintosh-Hemphili Co. (irregular)
(
Maenin (I.) &; Co,/67* preferred. (quq?.)„»
6% preferred (quar;)'XXWv preferred (quar.)—
i
Managed Investments (quar.)——,'s.r
Massachusetts Bonding & Insur. Co. (qua?.)
McClatchy Newspapers, 77* pref. (quar,)-,^
'
;77*
preferred (quar.)—
; :;,7%
preferred (quar.V
Link
7r 1
t377ac
$1.40 class A (quar.)—-———i
'L_
Class A (quar.)——r—L„„—BT,
$1.40 Class a (quar.)—
(One
5-
11-
30c
J
'
9
5-
X
;. $1 < 4
$174
Z $174
•:
Union-Gas Cp." (Canada)/(quar.).
Union Oil of California
(quar.)*,-*——
-
6-20
5-25
306
-
Atlantic
Petroleum
'
30C
—T-v-nT—rrr-nv-rv—^vr
Match"Cq".
f
:
-
4-30
"
(?t. Waype)—
Lincoln Natl. .Life His. Co.
Lion
75C
-——
'4-25
>11-
5
5-
25q
$5
.
5-15
t8772c'
•v .: $1.40
v
6-13
1
6-
vClass
1
5
5-
Additional
5-25
6-
6*
5-15
; -5-15
Troy & Bennington RR. ;(s-a)
-
4-30.
6-10
6-15
317iC
Additional.
-y
5-20
•
preferred
5-15
x
,
6-15
Life Savers
Lionel
C
1
845
fir I
2'Fxtra
'
7-
50C
Liggett & Myers Tobaccp, common (reduced)
L
5*15
$1
V——
-
-
'
(quar.
Casualty Co.; 6% pref. (s-a)
Penman's, Ltd., common iquar. )_J_
__„f
A.,.Peninsular Telephone,
commop (quar.)_J
t
6-15
r
.
40c
Trane Company," com. iquar.)
$6- 1st preferred (quar.)
Trinity Universal Insurance Co.
q
-
(R. G,), Inc. (quar.)—
Libbey-OwensTFprd Glass Co,,.,,—.
(quar.)
5
(accum.)
Le Tourneau
':
:
12-
77*
preferred
Toburn
-7 5- 5
t43%c-
10c
$17s
(quar.JL-,-x-^
Terre Haute Malleable & Mfg.
Corp.
Pacific Coal Si Oil. (quar.)_
-7-15
,
-5--L9
.,
$172''
Peerless
9- 5
,
L
;
1
"
Alirreguljar),^^-*.
Lighting Corp.; (qu&r.)___;—x—
Paton Manufacturing,.common (increased)
5
13rl5
40c
Thatcher
156
Pacific
5
6-
(accum.) ®Mr"rwvn
convertible preference (accum.),—
J4nsing Co.
(quar,)—-i-—_.
Lehigh Portland Cement, 47* pref, (quar.)-^
Leitch Gold Mines, Ltd. (quar.)_
Corp.
5
.11-
6rl5 '
&
t»acifip Gas
Z.8- 5
|M6
$12-4
^
77*
[
5-
$13/^
^
;
'
s
convertible preference
convertible preference
7to
V
25c
$l3/4
——
Langley's, Ltd.—
V
5»15
-
5
/•United Light Si
Glass.
L--~'*---•**
Tejegrqph" (s-k)—-Z--—■
Electric^ 5% pref, (!quar.)r,T_
5
•preferred ^quar4)-^*.xLx4—JXLL^X--1
6
%vpreferred Xquar^)ZB>^Lxxt,LLrLxr—
"
8
■'■5 5- 8
8-15
25c
_T—/r-?r7*~-TTTTT *r
Owens-Illinois
~"Pacific
5-
v;
X
5-
-
25c
&
67* preferred (quar.)
Outboard (Marina Ac; Mfg-
.
'
t5q
r-
.
12-24
M-43:
^ry-—~ —;*,•«^-r—.)
6-22:
9-22
I
$l'/q
Quarterly;
-
iii-".
1
noc
Quarterly.J
-10-
$1 Va
T-—__.j—
Landis Machine
7-
6-
20C ■s"• ■: 5-15
Talon, Inc., '4% preferred
Teck-Hughes Gold Mines, Ltd.
5-15 H §" 1
8rl5 ** X
11-16
U- 2
-
$1%
Mississippi-Telegraph Co; (annual)•:
Qkonite Company 6%- preferred iquar.)——
Ontario St Quebec Ry. common
is-a)-__—
5% perpetual;, debenture stock
](s-a.)_-—Otis Elevator Co.,- common—
L—.•—XL,
1
5-
4-30
6r15
Texas
50c
for
7-19 ji
;
7-13
5-20
4-30 Z
25c
•
(irregular).—_i,
1
(quar,)
[{■ tamaque Gold Mines, Jitd, (interim)+w—
■
Bancorporation
8*
$l'/a
(quar.)
preferred
/
•
River
6-17..
6-15
4-30
7-15
Union Electric
1
V-
8.
,
.
-
$1
.
Ameriean
Declared
8-
;
50c
4$1
i
4.
7*
5-15
5*15
35C
Sylvanite Gold Mines
Co.—j
(quar.),,,—.
$13V
——
,§0q
:-
-
Ohio
15c
120c
Canada
6V4% preferred (quar,),,,—
67^7* preferred <quar,)_„,—
5_15-
8< lr
P
50c
—i.*,-
5-15.
15c
.50?
$17»
.
'-^„K
$lVa
—
(quar.)-"-i._——'
(quar.)
|
.4.
5-
:
5-15
(quar.)
Extra
,
5-15
4-20
5*16
1
6-
$174
7
Telegraph <s*a)
Norwalk Tire.lp Ruhber, 1V& preferred—
l, Declared for quarter ended
De<?. 31, 1940
..
Laclede-Christy Clay Products Co.—
preferred
preferred
A
1
6-
$27,;;
5-15
6-
30C '••
1
5-1
v
•
5-15
6- 1
5-15
,
7-31
.
■'<
5-15
5-15
-
1
Extra 7-—L—————X—
67o
pref.
84$
$2
C 50c
5-15
Z
1
3772c
6 7e %
5-29
•
5-28
6-
.
10-20
6-i5:
.
4-30
6*25
;
Common-
Sycamore-Hammond Realty—t
7.-23 '
5-11
5*29
30c
5-12
10-30
-
Northwestern
.
4-30.
5-25
L
v
'
-
.
6-
iquar.)———_——-
Co.
5-
4-
50c
P
7 8- 1
4-30
$1
.
qonv.
Do, '• (•quar;)^iwLiLZZ—i-j-xZL.Z
Strawbridge <S? Clothier-*
6% prior preference' A
'(quar.)_^.^._..JLl '
Struthers Wells-Titusville
Corp.—
-5*15
5-29
2c
(iquar.)-L_J ' ; $1 %
z
Stein (A)
v
11-10
'
6-15
4-30
377jc
•j/S# 8- - '•.7 $1.25- preferred
>8- 7 •. ' Sullivan Machinery
1
6-
2c
,r
*
-
quarter ended Mar. 31, 1941
Occidental Insurance Co. (quar.)),—
O'Connor, Moffatt & Co., $1,50 class AA——
;
6* 1
2
5-11
5-11
>
250
$1%
.
,
5-14
>1
n* 1
•
Z
P12-17
5-25
5*14
y"
•
7-
30c
(quqr.)
Stecher-Traung Lithograph—"
5% preferred
(quar.).',^.^^,..,.,.......^
/ 5^4 preferred (quar.)^_,_^_
57* preferred (quar,).---—'
LL—
*
9-17
12-28
150
25Q
$!%•
Z
-
t$l34
-
,
'159
X,Z—"
5-15
P>1§
15C
;common—
'■{.
9-28
50C
.I
'
6-20
•
1
:
"Z
..
(irregular)._Z-—
: ,P.;,Quarterly;'.'.' Extra n—"_.ZL..
Stanley Works, 57* preferred
-
!
4-24
•5c
Lathe Works
;
>27 Z ^ 6*18
$17a
(interim) —-Z-
Ltd,
preferred
Northwest
a
15c
(quar.)
preferred
h
5-
t4c
-(quar.)
(quar.i^-^—
5-10* Z
5-
5i; 5-20
J
L
$1^
—
Oil Consolidated |(quar.)
Insurance (quar.)_,L
Pipe Line (irregular)——...
Northland Greyhound Lines^1
••■•-: $6.50 preferred -(quar.)_-_Z
\
LTJ•
*5710*
V
;
50c
;•:
i
6-20
'
1
6*
Z $lt<a
-
v
6*15
5-15
r
,
7-
'
5-29
Power, Ltd., com. (quar.)
Inpurange Co. (Dallas)—
Qiiarterly
Sovereign Investors (quar.)__
Spiegel, Inc., $4.50 conv, pref. (quar,),.,.
Standard silica Corp., common
:i
Standard rWholesale Phos, 4s Acid Works-*.;
.
5-16
,
(7* I
;
4-23
i
15c
Southwestern Life
,
6-15 •; "'5-15
:;
.
4-30
(quar.)
■'
.
P
;
1
10-.1
12-31
3 r
6-10
$172
;
^
i
(quarterly)
North
5-25
8c
$0.60 pref.
preferred
1
■[
1
(quarterly)-.-r,v-—,
Mines,
North
25c
<1
iquar.)1
Co.,
6-15
1 "
<
7-1
•
5-19
„
SI.
-> Northern
5-20
t$l'/4
(quar.)—
Baking Co,, com.
Creamery
Kroger Grocery &
b'/o
common
5-25
6-
J.) Co^,5%
A/
Adj.
'
$l'/2
——————2—-V Kentucky Utilities, 77> junior
pref. (quar.)
I Kinney (G. R.) Co., $5 prior preferred—
•; Kirkland Lake Gold Mining
(reduced quar.)
Participating
U.
Norfolk & Western Railway
5-15
1
V
•
30c
pref. (quar,)'
Co., 7% pref. A
Typ# Co,-**:
A-
Noranda
5-22
1-.
■
partic. pref. A (quar.)———
$6
'
1
6-
$13A
;
'
25c
America—
Class
-
1
5-15""
6-
5c
$lVa
pref.'(quar.)
5-
6- 5
$l»/4
(quar.)__•——
9
11-10
1
5-25
8c
•
i
9
9
5-
§45-
15c.
(
S
;•
i
Class
8-10
30c
—
1
.
6-
30c
Island Mountain Mines Co., Utd,
Jantzen Knitting Mill6, 57* pref.
1
4-30
30c
9
5-
5-
,8- 1
iq
$5 convertible preferred
(quar.) 4.
Nineteen Hundred :Corp f class A ;(qua*.)«i^
7
5-15
25c
.
(quar.).,.
Newport News Shipbuilding & Dry Dock Co.-**~
Common.
6-30
;
50c
Lead
Newberry
~
'
$172
(quar.)
Z.
5-15
; 8" 1
5*25
6- 6
122c
preferred (quar.)____.-Z____Z_.
:
,6% non-cum. preferred
(quar,),_.._l___.
2nd preferred
(initial), covering period
Deo. 31, 1941 to June 1, 1942
Soutnaja California Edi§bh Co., Ltd.—
;
5-
it I
1-2-43
of
9
5-
;
$17a
,
Neptune Meter Co., 8% preferred Kquar.)
"New Almaden Corp (irregular)
6- 5"
of Central America—
Rys.
1
r$17a.
Tr
j
;
preferred ,<9-aJVv
!'5%
.'•'6-15
6
vl/
$1 7a
———
6-5
6-15
50q
(quar.)—
South Bend
6-
.•
6-
1%
preferred
(quar.)
Sonotone * Corporation
5-9
Bouthern
Corp-(quar.)_—L-—
National Paper
*
(Chicago)-r
■*•*•»—•
preferred
National
4-24
v
5-26
•
12-31
1*2*43,
H§;
30C,
(irregular)
$274.
;$274.
;
$2
6-15
iquar,
Company (quar. )_r_„,
Sioux- City Gas & Electric, common
>;
l—"
preferred (quar.)x,,,/
Bearings Metals Corp.,
.
1
':5-15
;
(interim).,,
i.
7-1
10- 1
—
Mines
1
•, 759.
mm
——
Power
Silex
4-15
5
*
25c
25c
$
6- J
6*
I
96q.
;
National.Biscuit Co., 7% pref. (quar.)^—;
National Elec.
Welding Machine Co. (quar.),
Quarterly
1
6-30
10-
5-25
■:
5*
'> 50o
:..*■•
the
U
National
**-
5-15
6-15
5*15
-20c
•
•
Sherwin-Williams Co. of Canada-*.. *; x;;,.x
7% preferred (quar.)____
x
1
6%
6%.preferred,iqviar.)^,,——-!—-»—*■-»
67*
$$33/4
Indiana
June
National Automotive Fibres 67*
6%, preferred (quar.)v^_>
Quarterly
+k
..
6-15
5-
6-15
7-1
50C •:
Co.—,,,,
Water
of Rec.
■
,;t«P,
-v
;
,
Southeastern Greyhound Lines, com.
.
.
Houston
i
4-25.
;
;5-15
:$17a.
to
6% prefarred
(quari)L-_—xA-__4_„
6.7*, preferred .(quar.)_^4x_*„___i
National Acme Co, —i—
_
5-15*
500
'
6-18
preferred
iquar.)
Dry Goods Co. (quar.)
(W. R.)
Mutual Chemical Co.
.,
'
(quar.)—
partic.
5-15
5-15;:
50c
March,-covering
6
Surety
-Sherritt-Gordon
jZiZ i
V85.900 jadidtlonal
Extra
5-15
6-15
34% 0.
Muskogee Cq., $6 preferred iquar,.)__'„—Muskegon Motor Specialties, $2
cl.j A (guar.)
5-29.
6-
1
-.
$17a
Servel, Incorporated
•
6-30
20c
—
—
(s-a)__[
L
6*
l
in
6-18
■
45c
Mynsey^Trust Cq, (Washington, D. iC.) (quar.)
6-15
6-15 ;
pref.
non-cum.
■
..
15c
prior partic. pref.
7ft.
;
40c
.
Horn .(A, 'C.)~r». :
.I 6ft non-cum. 2nd
6-16
30c
(quar.)—'———
i}j .6ft -preferred -ilquar.)*-Z<
5-19
6*26.
6-30
40c
—
Mt. Diablo Oil Mining & Develop. Co.
(quar.)
Mountain Fqel.Supply Co.
(Utah), (irreg.)__
Mountain Produoers eorp.;
..
15c
common-—'—
Cq.,
6
5-29 :
50c
:
Co.;—
v—
(resumed)—-
Electrochemical
sold
March
Quarterly
15a
Home Oil Co., Ltd.
:
shares
-
..
15a: V;
;
.
Orleans)—
(New
10-
*
v4c
the
on
Seaboard
■5-5
6*15
;
1
93c
•
Society; 5727*. pref,( (quar.)
Co.,.common (quar.)
V.; Quarterly
Motor Finance
,6-13
.
;v.
(s-a)—
dividend
Moore
4-25
5-15
6-17.
12*
12*
Shawinigan
(s-a)
Corp/.(irregular),—i——
participating
4
.
L—L-^__—-—
National
6*
4-25
JO-20.
/ZZ/ZZ
(//.Monthly, „—i~*--*>—Monthly
———r-————
Hibemia
:»
$i.
,
Hibbard, Spencer,
<tf.
/
6-15
$L
Irregular
f
5-15
75o
12* 5
259 ;
iZ
•
Holders
1
7*
'
Scotten Dillon Co.
(irregular.),..,^,,,,,,..
Seaboard Oil. Co. (Del.)
(quar.)
,1
xll2- 5
26c
Payable
$3
,
;Z $3 Participating preferred (quar,)-ff™_-
9*
•„
$4.50 preferred A
(s-a),_,—_.l
$4.50 preferred B (s-a)
___T
if $4 preferred p (s-a)I
-Moodyls -Investor^ Service,* Inc.—I
7-^6-
.
-
-A-
-
•
-5-15
6- t
;•
,
When
share
Name of Company
..
Bridge, 6% first pref, (s-a),-^x^
second
preferred (s-a)_^rx—
3 7*
"(6"»
.
-$4 -preferred -series- C—7.
-t* *.
5-11
■
7-20
.
"50q
pref.
(quar.)---*■,-»,
Havana Electric & Utilities, 6%. 1st pref.—
Hedley Mascot Gold ; Mines (quar.)——
Hercules Powder Co., 6%
preferred (quar.)
Hershey Chocolate, common (quar.)-/,™/,,./
4 S3 cony, preferred
,(quar.)—
——
Hettrlck Manufacturing Co. (irregular)—,,—
preferred
-
Period
(quar.).„——
conv.
preferred Iquar.)__
Mission
•V"
5-15-
6-
4
1
Per
.
Louis
Schumacher Wail Board-**
9-« 5
.
30c v
•;
Monsanto Ohemieal
6-lS;»
.
6-
$l,/a.'
!
,8-15-
7-
1st
87^
/
5-15
;,'.7-
30c
,
•
non-cumulatiye. 2nd- prefqrred
•
t
•
6-
Z
;30o
*r'r>+vn,ntrrim,
"-Vrsjnrtwvri+i&;
Mid-Continent Petroleum (irregular)
Midwest Oil Co.,
common (S-a)—I
.
5-15
;
'■'
1
57*
5-18
66-
25cf
(qu&r.)_
f
r
1-10
7-
25C
•
preferred
(fft
3 72 7*
-
•
Refractories-^*-•• '*
«;
V
of ReOt
25q ' ' 6- 5 •
259 ;i '•
5
25C
Messenger Corp. (irregular
Metropolitan coal—
•
25cZ
4
-i?
•
67* preferred .(quar.)
-
6-lQr
5-15
34%c
•
Holders
payable
1729
St.
»
preferred (quap,),w^,„v___
preferred (quar,),;,,/
When*
*
share
*
,;Z. f* preferred..(quar.),,/
•;
6-20
$3:
tquar.)
•>> •:.«%»
•
5-15
5-15
*10o
Hamilton Watch Co.,
preferred
Hart-Carter, $2
I
I
.C.'.aJa
preferred, (quar,),r,w„v,—'
v.;
»
•
.
66"
—
Gulf'Insurance Co. • (Dallas, • Texasfx^ZH/L7 r
i>
Ifale Brothers;8tore$ (quar.)_I_—L-L
Harbison-Walker
4-25 ::
?
25c'
(s-a)
1
v
>.
Fei"
■■
Acceptance Corp. of C ilifqrnia™
'.67*' preferred'(quari)_^;;;,____.
•
90e.
~
,
'
5-11
JVfT
'Name of Company
..
Mercantile
6-30
f
.
5C
,
•
Jfallnor
7 Haloid
Company
I
15C,'*
\.
Dredge & Dock (q'uar.) HLxL-xTLL
Die, $6 pref. (irregular)
Qriesedieck Western Breweries Co,—
: ;
>5 7? ft; convertible preferred
(quar.).,/-**//
T
»fV>
; Z
.
5-20
67*
Great Lakes
t
7-
!:{;? •*':
Greenfield Tap &
oj Rec.
1
i
•;•
-to- w
Indiana
Qratpn'& Knight Co.—
v $1.80 prior
preferred
"
•
1
■../•,
'
zv
6-
a
.
'Poweii Co.t Ltd. (quar)
funds) Z-rr»»»
is.
Z' $1V« i
(resumedl-H'------^-^i^
Mining, Smelting It'
■
Holders
Payable
■-
$1%
(quar.)
(quar.i„l!i_L—L-"
Telegrapn
■f Granby ' Consolidated
share
:.>Z
Globe-Democrat Publishing, 7%. pref.
''
FINANCIAL CHRONICLE
•6v
6-
I
5-15
1
Z 5-1.5
25q
5*20
5-
25c
5-15
5-9
9
♦Transfer books not closed for this dividend.
(On account of accumulated
1 Payable 'in
resident,
Canadian
■
;
dividends/Z "
funds,
tax
tax, 15%,; resident tax, 27*.
deductible
a
-
at
the
source.
Less British inpqme tax.
Non¬
_
.
THE COMMERCIAL & FINANCIAL CHRONICLE
1730
Monday, May 4, 1942
Week
THE COURSE OF BANK CLEARINGS
'
'■
»
,
\
'
.
•
....
.
.t
.
•/•■••: ?•«.'/
•:
Fifth
...
West
■>
Federal
Maryland—Baltimore
3,107,934,086
313,630,613
+ 19.3
Philadelphia—
482,000,000
414,000,000
+ 16.4
Boston—
263,511,279
228,426,868
+15.4
Kansas
120,659,895
92,039,225
+ 28.6
115,200,000
93,800,000
+ 22.8
174,829,000
154,106,000
+ 13.4
146,995,793
170,718,887
'
City—.
Louis
St.
San Francisco.
Pittsburgh.,
184,244,971
Detroit
208,721,088
160,334,668
99,275,702
Cleveland
Baltimore
v
days
five days
————.—■
Total all cities, five days
All
+
+
5,923,172,694
•
Grand
.
>—
7,210,273,509
+
6.2
Week
Ended
Boston
?d
New
3d
•
——.10
f/
\.
"
"
—1
,
329,107,641
3,380,943,331
"
:-
Philadelphia
Cleveland
Richmond
6th
Atlanta
10
7th
Chicago
St.
Louis
559,688,723
447,764,219
:
"
"
6
5th
208,719,158
18
4
,
271,878,208
708,875,192
213,086,362
s
136,538,046
203,034,035
12,463,176
375,138,290
7
10
Minneapolis
City
10th Kansas
6
11th Dallas
'
10
Francisco
New
York
Canada
City
,
'y/%
now
be
Clearings
'
'
*
Maine—Bangor
—
District—Boston—
' <'
Massachusetts—Boston
Fall River
—
Lowell:
v'
'
Bedford
—
Springfield
—
.
Worcester
/,/
Haven
Total
(12 cities)
Ended
.
April
——
-
,?
:
Syracuse—
Connecticut—Stamford
"
161,852,734
139,587,922
Bethlehem
378,726
2,169,391
.
>■
3,548.696
....
5,009,211
17,221,273
1,188,122
;
.
>
.
—
•
2.8
271,056,757
+
3.4
1,008,482
996,327
+
350,669,748
1,186,462
4.8
3,702,843
4,717,353
9,919,794
3,600,708
<
4,037,242
+ 18.3
1,267,355
914,197
1.0
1,375,463
1,117,432
+ 18.6
1,556,545
1,411,136
512,406,424
447,022,204
—
597,526,944
4
102,200,000
+ 28.6
85,700,000
42,960,939
27,479,223
17.0
30,665,395
+ 11.7
19,456,547
0.8
586,000
483,000
+ 22.9
136,407,942
123,938,995
30,696,775
720,000
.
;
+
726,000
—
173,366,162
213,086,362
-
3,696.285
3,452,341
y.
78,700,000
29,511,397
15,244,598
;
3,026,693
:j
•/'
+ 15.1
+14.5
-
932,934
917,059
2,510,532
77,701,828
67,669,980
28,101,783
868,762
3,466,025
8.9
2,240,028
24,081,887
1,990,604
+ 16.8
2,489,111
798,551
r-
'
3
—
6.6
—
79,602,382
30,570,711
91,627,596
34,989,730
,.4 2,711,331;
.
-
893,021
718,752
780.764
689,223
+
5.6 "
"+
—45.0 y
2,939,618 j
+ 12.4
136,538,046
City—
Federal Reserve District—Kansas
2,323,856
115,683,735
99,984,834
i
101,769
4.5
+
128,387
88,239
+ 19.6
2,934,397
27,248,281
+
.
31,535,712
W-
120,063
4.2
+ 44.2
.
2,720,545
v
-
:
84,262
<155.257
r
,
2,813,709
.
30.695,940
2,113,224
2,195,284
3.7
3,077,680
4,055,031 ii
3,145,251
+ 28.9
3.182,201
2.388,555
111,903,472
+ 27.5
94.267,285
83.937,650
)
>
»
142,642,968
J-j. 4,145,813 r
i-* ik'% 898,694
:
—-j.———;
Joseph
;
2,834,622 :
45,469,888 *
.
1—:—■*» '
City-.^
,
153,522
i
-.
—j.-
—
——
^
106,342
<
—
3,276,158
—
:
+26.5
.
505,341
,+ 77.8
613,931
750,587
203,034,035
156,262,506
+ 29.9
•
■
y
'
/ 3,025,012
—18.2
-
(10 Cities)
•
-.h
449,769
•
//
1,698,051
2,649,320
'
,j
490,857
.
632,780'*
644,901
••
Dallas—
Ti
,—4—
—
2,030,754
1,703,281
•
*
>
1,848,578
52,537,911
7,283.030
+
'1,875,000
22~»
+ 10.3
1,131,376
4,382,826
-+22.8
84,549,928
+
50,134,589
+ 37.0
1,061,82Q
v
51,713,516
6,598,529
1,987,000
-10.0
3,568,286
1,555,020
'
6,054,492
1,114,592
-
2,263,000
V
..
963,723
2.917,163
66,257,736
9.4
2,553,337
65,647,125
District—San Francisco-
68,698,768
Beach™—
^
37,285,807
32,939,393
+ 15.0
990,835
45,740,630 ;+27.8
32,039,455
27.439,269
17,144,583 /+32.6
1,221,209
58,439,358
22,737,614
5,589,681
14.440,403
12.982,773
4,542,485
+ 23.1
.3,409,169 ./+
y'.V
3.923,404
837,883
4,149,229
-
3.5
2.846,925
—
20,6,966,000
182,037,000
+ 13.1
158,236,000
138.280,000
—
.3,226,692
2,931,611
+ 10.1
2,469,199
2.466,819
^1<630,746
.3,098,308
1.789,069
"+
8.8
1,863,197'
2,952,105
+
5.0
2,339,433
376,^8,290
311,743,061
+20,3
256,434,658
6,927,236^381
6,611,365,710
+
4.8
5,565.027,966
5,647,876,921
3,673,434,672
3,192,206,999
+
15.1
2,581,198,34!
2.326,241,275
———3.530,014
Pasadena—^—
;<
+10.6
1,018,275/
(6 cities)————
San
1,61*,177
69,080,059
-
2,069,000
,
V
Twelfth Federal Reserve
V>
.
92,463,176
y,
—
*"'IY
■'■I
1,782,896
.7^59,862
8,950,317
'i
'
Falls__y_
■/
"T*." »■
J.'#
125,558,502
Francisco.
San Jose
——
Santa Barbara
\
Stockton————————-•
.
;
3,483,176
t
// 1.571,025
:/y 2,118,478
11,896,714
0.5
/
.
—
/ California—Long
2,988,633
3,608,935
^
Washington—Seattle—
'•
'
».••'-
'.v.-
-.
135,025,707
Reserve District—Dallas—
.
644,494i
11,374,075
3,847,115
—
4,047,631
+ 10.4
9,845,600
420,182
502,490
340,907,039
265,967,516
.
Total
(10 cities).
—
f,
226,266,045
10,550,400
—13.5
244,492,946
—
3.5
1
Total'
(112 cities)—-—-i
Outside New York..
Grand
Week
1,204,983
48,600,000
916,999
802,179
3,253,801,709
8,820,112
39,000,000
608,482
3,419,158,711
8.243.105
4,893,959
5.593.106
—
0.9
<
-
8,002,651
974,020
31,700,000
—24.2
—
4.8
2,983,829,625
3,321,635,646
+
7.0
7,184,443
9,165,088
—12.3
4,333,331
4,394,741
34.0
3,847,018
3,530,460
+
+
50.7
421,542
630,559
.
+ 10.2
367,036
392,730
2.6
19,119,350
18,122,721
+ 20.2
335,232
23,626,670
30,982,639
19,431,511
18,947,146
+
23,651,195
4.6
3,543,666,701
1942
3,429,695,116
+ 11.6
464,398
1.437,625
484,133
581,844
371,340
385,716
379,986
5.7
+ 25.8
+
'
534,561
367,380
r
1,312,197
+ 11.4
1,206,934
1,234,790
489,000,000
1,712,818
+ 11.9
385,000,000
355,000,000.
r
1,349,581
—22.3
1,525,464
1,681,054
7.7
2,004,459
1,891,478
4.2
900,933
838,899
1,264,637
1,218,785
—
—
+ 22.1
2,500,900
2,983,900
—16.2
502,061,476
+ 11.5
5,156,200
4,233,800
398,383,797
367,386,463
7.2
2,082,678
1,642,795
+ 22.2
52,680,133
52,469,217
+ 17.9
93,145,198
89,188,511
+
3,040,890
2,836,610
89,858,563
73,532,611
168,398,662
11,487,100
142,866,188
9.5
10,172,700
2,280,748
2,732,351
2,623,025
—13.0
1,634,018
3,150,986
—13.3
199,965,905
164,415,976
+ 21.6
447,764,219
402,119,396
+ 11.4
12,694,000
—
2,359,602
\
8,144,700;
*
i
1,322,491
1,760,883
123,484,863
105,241,064
285,559,192
259,769,661
23
1940
$
Montreal-—
124,529,295
—
—
.
24,045,832
Vancouver———
Ottawa—1
Quebec
■v
—
—
—
*
Halifax
HamiltonSt.
'
——;
John
Victoria
,
—y.
.
Brandon
<
;
Lethbridge
—:
Saskatoon
Moose
438,261
5,223,103
9.3
4,236,040
1.6
1,921,168
0.5
1,862,192
1,589,349
2,406,563
+ 21.6
2,527,691
2,221,952
5,079,816
+ 18.1
3,590,301
3,696,248
+
—
1,983,794
—
«
3,882,654
+ 12.5
821,097
•f 300,030
Chatham
4.6
232,498
+
+ 23.3
j .392,166
Sarnia
L
(32 cities)
•••'-; *Estlmated.
;
:
''y;?
878,980
2,871.539
'
395,880,381
325,905
579.870
283,353
+ 31.3
655,879
604,738
4.3
563,295
482,415
+ 21.6
708,541
—20.3
405,136
388,359
-18.7,
1,041,848
481,310,382
568,647
2,517,600
949,645
996,341
—
491,784
/ 846,634
v-
812,435
+ 24.4
384,634
736,693
555,100
675,086
473,061
*220,515
•
+ 10.9
934,009
705,379
Sudbury————
791,793
743,470
991,913
3,886,811
.
582,001
?
3.3
+
:478,389
522,326
488,822
1,171,965
+ 35.3
820,642
1,226,808
—
;
685,775
1,266,054
Kingston
".<
843,125
+ 16.6
678,135
.836,419
Moncton___
4,221,013
271,332
/.
627,702
1,110,237
Prince Albert
1,794,567
"
1,308,362
—
280,260
3.7
—
4,312,319
Kitchener
4,813,637
472,796
.957,383
.
4,480,872
3,064,690
/':•
1,307,938
+
1,018,244
—
6.1
5.0
623,298
1,075,450
-
Sherbrooke
3,808,690
2,431,759
;
'"Hj
466,210
\ 313,703
Peterborough
—
+ 30.6
1,035,193
—
15,658,642
16,697,026
;
'
1,563,280 —0.002
■
Medicine Hat
'■!
+ 12.1
1,145,624
.
•.'■;! 23,045,439
16,673,018
532,472
1
,
93.301,353
40.595,956
390,948
,
1
Westminster
90,621,116
'
.654,231
Brantford
Total
2,710,877
2.0
7,362,992
:•*- 1,563,251
u
Jaw
Fort William
New
;■,
3.4
—
2,586,567
V-695,475
—
4,015,160
7,445,696
3,646,747
Regina—
19,368,139
1 +11.1
-r
3,767,322 *
2,926,937
5,999,396
+ 50.1
4,645,154
J-?
.5,161,687.;.
3,637,535
.7,594,271 >
8,048,284 '
2,544,948
.1,973,677 /
—'
Edmonton
1939
.
/••///• :N;
f 110,439,012
+ 29.4
18,589,601
64,417,049
VI
V
v
:■':■/
110,506,918
42,912,726
/
-50,601,644
Winnipeg—
Windsor
yyy
iveland—
April
or Dec.
%
120,945,548 ', + 30.2
101,094,451--+23.2
56,056,968- — 9.7
157,488,161
London
-
Inc.
1941
CanadaToronto— ————————~;y
Calgary..—
3,091,120,579
Ended
/...
716,339
32,200,000
425,077
685,832
+ 24.6
1,058,172
-
14,528,177
—67.6
20,972,610
559,688,723
280,163
314,115,048
+
50,269,587
..
Yakima—.
Oregon—Portland---—
—
Utah—Salt Lake City
<7
208,913,033-
0.3
—
(10 cities)—
Total (7 cities)
365,699
+.11.5
421,206
131,400,000
—
—,
-
Louisiana—Shreveport—
.
1,864,944
—16.6
Jersey—Trenton
Pennsylvania—Pittsburgh
3,666,717
2.6
—
4,305,296
708,875,192
Galveston
-•
/sy/'~
4i7,440
559,800
1,647,800
.
6.1
1,169,706
13,696,468
+ 21.4
13,997,527
,
431,964
390,979,648
1,226,989
.
1,800,420
Pueblo
y';
1939
•
2.5
—
5,544,057
1,077,271
Youngstown__
1,927,337
5,210,261
Omaha—v
5>
543,041
1,857,385
4.3
—
3,744,199
1,032,243
—_,
.
19,586,056
1,397,121
Texas-^Austin——:——
U
2,239,553
Mansfield.
7.1
+ 15.0
,
(7 cities)
-T'
539,645
2,067,506
Columbus
17,996,000
1,591,400
8.9
+
1,907,055
Total
773,391
1
T
946,229
19,376,000
+
2,583,693
+ 14.0
Hastings.—————-J • y.-'
•••St.
<
.i
1
Cleveland
•1,723,270
1,588,559
22,363,000
J'
13,137,909
>
r,Colorado—Colorado Springs—^
424,241
Scranton
Cincinnati
1,372,344
—
+ 22.9
Dakota—Aberdeen
Wichita
■tr:
422,057
Reading
Ohio—Canton
2,549,546
6.7
+ 30.4
2,855,464
3,071,492
1,451,337
-
Missouri—Kansas
230,547,662
/ 697,319
5.47,000,000
1,331,220
Wilkes-Barre
/
302,174
106,572,359
'
1.9
6,578,643
;
Kansas—Topeka
'*••
301,086,515
1,461,679
Lancaster
222,392
119,684,202
+ 39.8
+
20,691,473
,
———
Lincoln—————u—
2,326,241,275
13,189,700
518,380
Philadelphia
"
1.1
—
156,641,248
1,669,080
Nebraska—Fremont-^-i—
.
.
—14.8
2,559,277
13,642,735
1,519,936
609,059
—
Chester
1,468,273
Federal Reserve District—Minneapolis—
Tenth
Reserve District—Philadelphia—
Federal
1,867,130
7,499,383
St. Paul..
North Dakota—Fargo
South
—20.5
833,696
3,380,943,331
(12 cities)
Pennsylvania—Altoona
Total
+34.9
24,358,000
Minneapolis—.
y,
503,868
28,436,295
-
Northern New Jersey
New
201,524,341
-T
(4 cities)
Ninth
963,002
296,298,206
369,432
Jersey—Montclair
Newark
,
34,691,649
Minnesota—Duluth
5,647,876,921
1940
+ 32.3
7,493,620
Jamestown
Rochester
V.
725,452
4,289,710
———.
.———
New York
■
83,892
38.433.279
4,490,054
Total
25
%
2,343,047
1,193,981
Buffalo—
Elmira—
Third
118,300
+ 20.6
271,878,208
(18 cities)
Total
;,
Inc. or Dec.
543,647
6,787,783
Binghamton
Total
—14.3
Federal Reserve District—New York—
Second
New York—Albany
/
+ 87.7
125,483
25,436,682
Kentucky—Louisville
Tennessee—Memphis
Illinois-—Quincy
65,647,125
226,268,045
329,107,641
■
Hampshire—Manchester
2,167,610
125,558,502
W;
2,133,738
13,607,465
5,517,442
14,559,100
1,060,934
52,i06,382
2,828,430
Missouri—St. Louis—
139,587,922
447,022,204
123,938,995
99,984,834
320,285,348
—25.1
•
1,112,867
y 107,573
Eighth Federal Reserve District—St, Louis—;,
259,769,661
118,525,108
483,989
Rhode Island—Providence
New
18,834,310
3,374,960
'
367,386,463.
* -
3,640,827
.
——:
Connecticut—Hartford
.
17.916.278
2,767,642
Springfield
// »
vvii
244,492,946
3,429,695,116
5,565,027,966
2,581,198,341
+21.6
3,100,646
283,513,289
765,734
429,168
812,596
Portland-
Total
+ 66.2
Helena
$
New
24,677,874
218,968,622
- 3,617,302
2,662,750
—
Rockford
1939
$
-v.r
4.8
+15.1
1941
1942
at—
First Federal Reserve
New
874,519
14,931,000
Peoria
showing the figures for each city for the /
.7
'
709,219
20,043,000
//
———-
Illinois—Bloomington
Chicago—
against
1940
+
395,880,381
Week
New
+ 36.2
+ 10.4
Bend
Total
1941
6,611,365,710
3,192,206,999
481,310,382
32 cities
-
add our detailed statement
the week ended April 25 for four years:
'*■
+ 61.1
26,541,000
Haute
Wichita
<
1,396,987
"1,116,514
•
:
Fort Worth
We
2,250,246
1,521,034
29,289,000
,
4,966,696
Inc. or Dec
.
265,967,516
340,907,039
— 3.5
3,091,120,579 .
3,543,666,701
— 4.6
/ 398,383,797502,061,476
+11.5
402,119,396
+ 11.4/; 285,559,192
139,927,946
176,146,329
+18.5
161.852.734
201,524,341
+34.9
•: 512,406,424
597,526,944
+18.6 i
136,407,942
173,366,162
+22.9 .
115.683.735
<121,491,827
+12.4
135,025,707
156,262,506
+29.9
66,257,736
84,549,928
+ 9.4
V
311,743,061 *+20.3 ,<V 256,434,658
6,927,236,381
3,673,434,672
112 cities
Total
>
16,468,385
47,800,000
+ 36.7
District—Chicago—'
Reserve
Eleventh Federal
t
19,785,965
56,900,000
Sioux City-:—.. 5,228,606
v
Federal Reserve Districts:
$
12
York—
:
•
12 cities
—
4 th
Outside
+ 21.6
65,900,000
+ 46.7
62,819*866
Iowa—Cedar Rapids
Des Moines-—
OF BANK CLEARINGS
1942
April 25
Reserve Districts
Federal
1st
12th San
4,548,991
_
Montana—Billings
■;
' '118,525,108
41,009,029
^
Decatur.———-^———*.-.
whole country having amounted to $6,927,23-3,381
SUMMARY
139,927,946
176,146,329 "*+18.5 /
22,943.500
Wisconsin—Milwaukee
.
.
In the following we furnish a summary by
999,391
6,217,395
—;/
•
Indianapolis
statement, however, which we present further below
and complete results for the week previous — the
For that week there was an increase of 4.8%, the aggre¬
April 25.
ended
10.3
2,412,000
'
4,068,317
Rapids
Terre
to give the final
able
/
Federal
South
New York.
*
18,942,507
^Indiana—Fort Wayne—
y
0.9
$6,611,365,710 in the same week in 1941. Outside of this city there was an increase
of 15.1%, the bank clearings at this center having recorded a decrease of 4.8%.
We group the cities according to the Federal Reserve districts in which they are
located, and from this it appears that the New York Reserve District (including
this city) recorded a decrease of 4.6%.
The best gain was had in the Atlanta
District, where there was an increase of 34.9%. At Kansas City there was a 29.9%
gain in volume of checks cleared; St. Louis followed with an improvement of
22.9%. San Francisco was next with a rise of 20.3%, Chicago of 18.6% and Richmond
of 18.5%. Minneapolis had an increase of 12.4%, Philadelphia of 11.5% and Cleve¬
land of 11.4%. Dallas had the lowest increase in the country with a gain of 9.4%,
while the Boston Federal Reserve District had the other loss of 3.5%, besides
'
61,334,048
22,879,437'
17.7
96,700,000
Lansing__
7.7
+
1,287,100,815
7,655,692,730
~
gate of clearings for the
8th
72,307,490
+
+
<27,895,748
Detroit
In the elaborate detailed
9th
+ 19.7
29,569,056
Michigan—Ann. Arbor«.y.—<374,590, •
6.5
in the above the last day of the week in all cases has to
to press. Accordingly^
estimated.
i
91,474,370
•
•
(10 cities)
Seventh
8.0
997,225,075
1,275,948,788
—
—
Total
Complete and exact details for the week covered by the foregoing will appear
in our issue of next week.
We cannot furnish them today, in as much as the
week ends Saturday and the Saturday figures are not available at time of going
week
34,481,629
—
+ 38.9
4,925,947,619
6,379,743,942
._.T.—
cities, one day—-
Total all cities for week
are
/2,7U,000
40,416,201
1,138,027
Louisiana—New Orleans
+ 11.7
+ 57.0
+ 48.1
32,600,365*
—
Mississippi—Vicksburg
+ 22.3
88,858,065
;
~
5,318,001,362
1,061,742,580
Eleven cities, five
Other cities,
Mobile
j
355,533
1,294,858
;
—
-5
-j
475,791
3,508,000
Macon
:
115,438,082
Augusta
$
v
+ 16.6
653,101
:-*/ 208,719,158
Florida-—Jacksonville.^./.—^
Alabama—Birmingham
»•
-
49,646,944
+ 25.3
Chicago
.,,
'
5,507,000
Reserve District—Atlanta—
Georgia—Atlanta
1.0
+
3,139,589,823
374,123,831
New York__—
1939 "
v)
n
109,509,481
Nashville—
$
•
1
%
1,917,999
(6 cities)—;—
Federal
25,
Dec.
or
1941
•
'
April
// •'
"•
1940
.('■$ -/y •'4;,.y-:.$
• ■'
58,422,884
—
Total
1941
■
$
;
;//
District of Columbia—Washington—
;
{
761,429
-
Carolina—Charleston
Tennessee—Knoxville
1942
;
Richmond
Clearings—Returns by Telegraph
we
1
Virginia—Norfolk
Sixth
Week Ending May 2
y
Reserve District—Richmond—
Virginia—Huntington
South
-
1942y; y, $
••
/,/
this week show an increase compared
Bank clearings
'.■>-*
''
with a year ago. Prelim¬
inary figures compiled by us, based upon telegraphic advices from the chief cities of
"the country, indicate that for the week ended Saturday, May 2, clearings from all
'cities of the United States from which it is possible to obtain weekly clearings will
be 6.2% above those for the corresponding week last year. Our preliminary total
fstands at $7,655,692,730 against $7,210,273,509 for the same week in 1941. At this
center there is an increase for the week ended Friday of 1.0%.
Our comparative
summary for the week follows:
'
,//
'■
Ended
Inc.
/i
•
+21.6
.
320,285,348 ."
489,745
301,086,515
.
:
Volume 155
v
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4069
*
Stocks and Bond Sales
1731
New York Stock
«»
;|t#|vyearly
i'1
NOTICE—Cash
1
and
deferred delivery
sales are disregarded In
Transactions at thej New, Ydrk.
the day's
Stock Exchange }
7
.
Week Ended i.
l
j :■
books.
j'
Government
■.
Bonds
Bonds
;■
Bonds
,
-«Bond
•
Sales
,
the only transactions of the day.
are
;::;v:v;r
V:-/iv--■
No account Is taken of such sales In computing the
for the year.
range
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage
on the New York Stock Exchange during the current week.
j '
< »
•
Figures after decirnat poikt represent one or more 32d of a point.
we
Corporation
Total
United States
Foteton-
and Mlscell. :
Number of
Shares
May 1, 1942 i
i
t
■;
Railroad
they
|lkSirlG<hrCrhh^ Securitieson the New York Stock ExcKaiige
j
Below
furnish
Daily, Weekly and Yearly
i
range, unless
Exchange
v
a
coupon
bonds
,
"
Saturday..;..;
Monday:;:;:.;
312,794
Tuesday... i..:.
412,385
Wednesday
Thursday...
1 '1276,620
300,680
Friday....
{ ?otal——.1
V-'
156,400 V $3,034,(KM)
281,250 ; 8,120,800
"
-"
7.638,200
«4,o(M)
.
464,(MM)
8.(KM)
912.000
396,000
-''8,110,200
[8,319.700
,
S.'Bond'Prices Apr. ,25 Apr. 27 Apr.'23 Apr. 29 Apr. 30 May 1
[High .115.15 '115:15
.—{Low. 115.15 115.15
4^8, 1947-52..
i
[Close
115.15
2
(
Week Ended
Exchange
Jon. 1 to May
SviS.i 1
1942
i
,
Stocks—No.' of shares.
f.
Bonds
;
t
1
Railroad & Industrial..
L>;/,■>.j
j;.*;,;-a._
1942
;
:
$180,000
2,597,000
'?
$3,901,950
= 46,586,000
773,209,700
■: ■
43,882.000
t
107.30
107.30
Close
1
Total sales in $1,000 units...
High
2^8, 1952 54....:.:...
Low.
High
; 3^8,1946-56.;..
Low.
[High
2Hs. 1956-58.:
—{Low.
Close
*7,928,000
(Close
Total sales in SI ,000 units...
>
55,757,000
;
—J.{Low_
Total sales in $1,000 units.
•729,076.000
High
;•»•• •; -1
j
Total sales in $1,000 units.
107.30
Total sales in $1,000 units...
1941
.
(Close
[Close
''44,302,609
37,397,231
'
-•
$486,000
2,844 .(MM)
37,105,800
Foreign..:;
_
.1
2,095,830
'
,U. S. Government..
*
1941
'!
1.742,129
\
[High
—{Low
(High
Us; 1944-54 U
l(n=
New York Stock
t
'
May 1 '
Treasury
2^8, 1950,52.
115.15
Total sales in $1,000-units...
:
-
Daily Record of U. S. Rond Trices Apr. 25 Apr. 27 Apr. 28 Apr. 29 Apr. 30
May 1
;
•
Treasury
*40,435.800
$486,000
*2.844,000
$37,105,800
if.
6,058,400
r:s
.8,187,700
•
462,0(M)
i
{>
Daily %dord of
6.488,800
53.500
15,500
.5
/.
•
7,011,700 ;
$3,271,0(K)
-
9,000
359,000
41-4,000 i-:r
,
-7.710,200
l',742420
,
$233,(KM)
5.590,!MK)
-
$40,435,800
.
High
100.26
100.24
100.22
100.22
100.26
100.23
100.18
100.21
100.18
Close
100.26
100.23
100.18
100.22
100.20
Total sales in $1,000 units...
5
22
4
8
381
Low
[ 3*/,a, 1943-47
$792,761,000
*823,607.650
*46,759.000
Low.
Close
Total sales in $1 ,000 units...
{ Total......1.. 1., '.
2Hs. 1967-72.
.....
High
Transactions'at the New York Curb Exchange
Foreign
Domestic
$302,000
57,405
581,00(1
$1,000
14,000
51.275
•v
■:,
3", 000
1.203.0(H)
48,608
"Y.666
7,(KM)
K;
'
Exchange
<
Bonds
v
-
v'
1941
;
296.133
Total sales in SI
*
-
.
-;--i
1942
420,835
3s, 1946-48:.
-
1041
-
Foreign corporate.
38 .(MM)
S
..
;
?
*4.952 .(MM)
.
Total sales in $1,000 units.
(High
110.15
*
110.15
*97,148,000
Low
101.16
Close
1
Total sales in $1,000 units...
High
I
.
..Vi- *"U"
-
are
the daily closing averages
.(I^ow.
109.26
109.24
109.25
2
compiled by Dow, Jones & Co.:;
:
*
?
't,
;
105.25
t
Stocks..
f
'[High
I
10
Total
20
15
Indus¬
Rail¬
Utili¬
trials
roads
30
Date
J!
'
10
First
10
(Close
Total sales in $1,000 units...
2'
(High
*
(High
......(Low.
I 2?*s,: 1948-51
:
VU'«-''V*V
(Close
65
Indus
Grade
Grade
Stocks
ties f;
trials
Rails
Rails
Ulili-
Bonds
94.13
23.72
10.85
31.72
106.05
;92.33
54.13
108.61
90.28
Apr. 25.
94.31
23.76
10.66
31.77
106.14
02.30
54.33
108.59
Apr. 27.
23.86
10.60
31.60
106.0(j
02.32
51.46 ,108.60
92.92
23.85
10.58
31.46
106.10
92.26
94.65
24.25
10.83
32.04
106.10
02.48
Apr. 30.
95.35
24.30
10.97
106.01
92.49
1.
95.83
32.25
32.55
108.64
108.70
Total sales in $1,000 units...
108.71
90.48
54.69
108.61
(High
Close
3s, 1944-49
Total sales in $1 ,009 units.
90.47
54.69
(High
{Low.
(Close
31*3, 1944-64
Low.
90.36
54.60
90.42
54.4i
Federal Farm Mortgage
3
High
(M).36
Apr. 28.
108.16
t:-;
,;:2**8. 1956-59
90.3*
93.89
108.16
Total sales in $1 ,000 units.
40
lies
-
108.16
Low.
2^s. 1951-54
Total
Apr. 24.
Apr. 20.
Total sales in $1,000 units..
Close
|
"
10
{Low.
2s, 1953-55
(Close
High
Second
{Low.
2s. 1951-55...
i
Bonds
:
'
*
Low
105.25
Total sales in SI ,000 units...
....
|
(High
v
28, 1949-51....
Total sales in $1 ,000 unitsi,*-
j
?
-
,
105,25.
(Close
.i
.!
•'
.
I
109,26
[High
(Low.
!
1 2**8, 1945-47....
of representative
31
Total sales In $ 1,000 units...
(stocks and bonds listed on the New York Stock Exchange
as
101.16
v'i'
I Close
*5
2%n, 1955T50.;...
[Stock and Bond, Averages.:v.'''*
■
Below
.
109.24
Close
Total— -U:
109.24
Total sales in $1,000 units...
\
101.19
(High
2s, Dec. 1948-50
110.15
Total sales in SI ,000 units.
1,045,000
*66,402,000
(High
1948-50......{Low.
(Close
2s, March
......(Low
(Close
'V~'t ■'/-7 •-,:';:U;v5
*
702,000
383.000
((High
'
-$95;401,000
—-r
1,322.0(H)
42.0(H)
*4,129.(MM)
$64,697,000
*--■
44,(MM)
6,(MM)
J.'..
_
.
V. !
i
3s. 1951-55..
*4,866,000
$4,085,000
.«
government..
(Close
Total sales In $1,000 units..
.(Low.
(Close
■t
{Low.
2s, 1947
Total sales in $1 ,000 units...
= <
6.669,630 —-8,722,517
*
Domestic.. j..i.......
Foreign
*
1942
•
Stocks—No. of shares.
>
Jan. 1 to May 1
;
(High
Low
[Close
,000 units...
•
:
Total sales in $1,000 units...
(High
j
Week Ended Mat} 1
i'
,'
y:.•:
New York Curb
•»
{ Low.
(Close
-
? 3^8,1949-52.... ..—.j
1,212,000
,
(High
21*3. 1951-56.
[Close
4
,740,(KM)
:
(High
Low.
,
{Low.
Close
Total sales in $1,000 units...
i# Total sales in $1,000 units...
647,000
ri 620,000
740,000
'
,
i 3Hs. 1946-49....
:-+: :■%?+'•: 7-
590,000
<
.
"
617,(KM)
511,485
Ml
$302,000
$17,000
633,000
51,640
.
Wednesday
Thursday..,,—.
Friday
^
1
Total
Corporate
(High
21*8. 1952-55
104.21
Foreign
Government
27,720
j
104.21
104.21
[Close
Total sales in $1 ,000 units...
of
Shares)
Saturday^.,,.
M omlay
Tuesday
Total sales in $1,000 units...
(High
j Low.
3tfs, 1944-46—
(Number
May 1, 1042
Low.
j
Total sales in $1 ,000 units.
Bonds (Par Value)
Stocks
2J*s, 1951-53
Close
Daily, Weekly and Yearly
Week Ended
(High
Low
3^8,1943-45—
100.20
109.12
[High
j Low.
2}*S, 1958-63
Low.
Close
Total sales in $1,000 units...
109.12
(Close
109.12
Home Owners' Loan
11.42
24.55
02.40
105.98
Total sales in $1 ,000 units
1
109.30
110.5
109.30
109.30
110.5
(High
1
(High
3
1
fc|
£ {3
Last
Range
Sale
Friday's
Total sales in
$1,000 units. .i
I'rlce
High
No.
115.15
115.15
3
J
D
107.30 107.30
107.30
1
Initio^
Treasury
jTreasury
109.26110.1
109.26110.8
103.2
1943-1945 V
3^is
31^8.r]644-:1946
Inin into
Treasury 3^8
Treasury 31 ja
}Sd<M948
1946-1948
Treasury 3s
.4
0
*103.20103.25
Treasury 2^8
1945-1947
?!
-Treasury 2Hs
Treasury 2?is
J
s<•''•"*'V-V--'•'
Total sales in $1 ,000 units..
1Jj6-19o.)
—--
'Treasury 2 his-
"*}obS"|o«s
IJ6O-IO16o
Treasury 2?4s
Treasury 2 Ms.
Treasury 2^s
—------1948
,__1949-19j3
Treasury 2 Mis
1950-1952
Treasury 2^s
Treasury 2He.
Jn££lota
-1956-1958
1967-1972
-Treasury 2Mis.
Treasury 2M*
Treasury 2 his
Treasury 2tf s
lo-I^osa
19o4-1956
Treasury 2Us
2 Treasury 2J*s
109.26
107.29110.15
M S
105.25 105.25
105.25
Treasury 2s
Treasury 2s
Treasury 2s
'
------\gA\
For footnotessec pago
l(>
A
1953-19 jo
1741.
sale of
v\.;*
,,
coupon
1967-1972—
*
v
,
103.15 to 100.15
105.25106.9
M
S
♦107.20107.25
J D
108.16
M S
NEW YORK STOCK RECORD
107.16107.30
*108.30109.2
J
D
J
1)
J
I)
M S
J
D
107.2
108.16
LOW
AND HIGH
SALE PRICES
109.12
110.5
Monday
Tuesday
Wednesday
Apr. 27
Apr. 28
Apr. 29
110.5
$ per share
108.16110.12
I per share
$ per share
$ per share
105.18105.25
*105.15105.20
*107
107.5
106.17107.7
*106.9
108.15
105.24106.23
*381.1
*10(4*2
3S*4
....
*38
38*4
S
*106.13108.20
106
*106*2
M S
*103.15103.18
103.6
104.6
M 8
*102.16 102.21
102.18103.14
M S
J
D
J
j
J
V
100.20 100.18
100.26
420
100
''
37*4
*44*4
4678
5*4
5'2
5'2
19*4
10*1
10*2
*18*4
*10*8
29*8
100.24101.21
103.27105.10
5->8
*1()'8
103.14105
*104.21 104.28
*100.29 101:2
*104.21 104.30
*29*8
47
*18*4
101.17
30*2
70*4
*65
*66
l-*4
D
J
D
104.5
*104.18 104.23
104.27
30
701,1
1*4
85
*75
•*s
1()1"
29*4
m
•*R
-
17«
86
37'h
*44*4'
5'2
*18*4
45
*10'«
2 9«4
*84
lhi
3*4
3*4
3*2
3*8
3*8
3*8
*312
*9*8
*9'4
10*4
*914
10*4
*3%
J
D
*103.10 103.13
101.5
*69
11.12
3*8
100
l78
11JJ
378
100.28
87
*59
*8
3*8
100.15
*18*4
*10*8
10l2
3'S
*100.7
5*i
193.,
10<2
70i2
*3i8
*100.18100.26
45
*18*4
30U
;.
J
*44*4
5*4
1934
29*4
103.27104.24
D
*4414
*1018
*65
100.22
102.22 103.18
For footnotes
see page
1740.
11
381.,
I'8
83
3
5i2
1?8
*69
30
5*4
30i«
70M
178
*64
88
*69
1*4
"32
11
3*4
3*8
3'2
3*8
3*4
10^
10ii
3*1
10U
*9*8
5*4
19*4
1012
39*4
7OI4
l 78
8S
Lowest
Shares
399
;
Adams
109
104
32
...25
45
No par
Express
Adams-Mllils Corp....No par
699
3,0.99
Address-Muitlgr
Corp
Air Reduction Ino
Ala & Vicksburg Ry
*999
69
•*8
691
3i2
31"
2,599
*3i2
3*4"
999
1078
109
10
No par
Co..-100
Alaska Juneau Gold Min...lO
Albany & Susq RR Co
Allegheny Corp..
100
No par
514% Pf A with $30 war. 100
5V4% pf A without war.100
$2.50 prior coav pref.No par
Year
$ per share
3784 Mar 11
No par
Acme Steel Co
2,109
Range for Previous
Highest
$ per share
A
Abbott Laboratories..-No par
4% preferred
Abraham & Straus
*29*8 377s
*44 O 45
2978
*1*4:
*37i2
*109'2
3*734
29*2
l78
S per share
*32
10*8
*104.13104.21
J
MO8I2
10
7014
39
37*4
*5*8
*64
On Basts of 100-Share Lots
EXCHANGE
>
Week
45
*1834
3*4
J
*37'"
Range Since Jan. 1
NEW YORK STOCK
the
Friday
Mvj 1
*29-^8
*8
,
$ per shire
5*8
3*4
31
38'*
10*4
:
101.19
3812
•=106i2
*20*8
101.16 102
101.16
38*4
1=106*2
37^8
*44-*i
107.2
38
Th ursday
Apr. 30
108.16109.27
109.12
109.30
Saturday
QTflPK*Q
for
Sales
108.28
108.15109.18
*30
M
M S
-
only
»'
109.5 110.26
109.26 109.24
J
15 1948-1950
-——1949-19 51
,
107.15108
110.15
85
Treasury 2a—-.Dec
t Cash sale.
includes
Transactions in registered bonds were:
Close
Apr. 25
Treasury 2?4s
table
109.14110.22
110.15 110.15
M
*—
Treasury 2lis
bonds.
Low.
2Mis, 1949-53
f Deferred delivery sale,
above
107.28108.14
*107.16 107.22
S
M g
Treasury 3s. ....1951-1955
j:
Odd-lot sales,
Note—The
104.21 105.20
104.21
*110.17110.25
D
*
104.20
*107.27 108.3
D
J
104.3
104.21
0
J 1)
J
103.10
Low.
High
103.26104
I)
Total sales in $1,000 units.
Close
Total sales in SI ,003 units...
107.30108.27
M S
-
Treasury 3 Mis
2^9. 1948
Low
High
114.14116.2
J
Treasury ZMs
High
Jan, l
«Jt>3
0
Low
1647-1952
Treasury 4s
&
.4
U. S. Government
Treasury 4 his
Bid
Since
Si
{Low.
[Close
1 Mis, 1945-47
Range
-N
i:
Asked
*
100.18
(High
Total sales In $1 ,000 units...
or
100.18
Low.
2^8,1945.
Week's
100.18
Low.
21*8, 1942-44
Close
BONDS
104.5
Total sales in $1,000 units...
High
)
N. Y. STOCK EXCHANGE
Week Ended May 1
104.5
104.5
(Close
Total sales in S1 ,000 units...
NEW YORK BOND RECORD
Friday
194.5
104.5
109.23
(Close
104.5
Low.
3s, series A, 1944-52
(Low.
j 2 J*s, 1960-65
High
Close
May
'
Mar 24
Mar
Feb
553t Sept
34
Dec
541* Sept
43 *2
Dec
5'8
Apr
1734
Dec
51*4
8*4
24U
157g
48*4 Jan 13
7*2 Jan 3
2012 Feb 3
Jan 21
Mar 27
0i8 Dec
34*8 Nov
63
6
73
2
45 : July
Aug
75
Jan
5
Dec
99*8
Aug
Dec
*8
Jan
Jan 26
3*8 Dec
10*8
Jan
578 Jan 26
3*4 Dec
11*4 Dec
9'2
Aug
2U2
Apr
91*4 Feb 10
>8 Jan
v
Sent
1 '2
Jan
Dec
Aug
Jan
Dec
2
3i2 Apr 17
3i2 Aprl8
9i2 Apr 21
Mar
2*s Jan 13
134 Mar 24
85
Apr 9
Ji« Jan
a:
11*4 Jan 20
3S>4 Jan 6
2)i2 Apr 28
Jan
share $ per share
Jan 12
43
Apr 17
10
per
46
51.2 Apr 21
61
I
:
Highest
4978 Jan 13
IO8I4 Feb 19
5
19
(1941)
Lowest
6
17
7
Jan 27
85
*8
THE COMMERCIAL & FINANCIAL,CHRONICLE
Monday/ May 4, 1942
NEW YORK STOCK RECORD
NEW YORK' BOND: RECORD
Friday
LOW AND jjiqh SALE-PRICES
Saturday
Monddii
Tuesday
Apr. 25
Apr. 27
Apr. 28
Apr. 29
S per share
$ per share
*17%
Wednesday 1
177S
75
<.17%
*60%
*3'2
*60»2
358
334
118*2 118%
j
1778
75
12
*17«4
*6012
75
4
12%
Lowest
Highest
$ per share
18
:
»
\' Highest
75
33.4
123
Fried
L'.
14% Jan 26
12*2
Friday's
U. S. Government (Con.)
Federal Farm Mortgage Corp-—.: J
Btfs
1944-1064
I2ts Jah 26
12%
Range
Sale
.
.
.....
,
.
.
.
.
.1044-1949
.
.
2 ^s scries G
1042-1944
Mew
Jan 13
York City
Transit "tfhiricatlon Issue—
3% Corporate Stock
3
I8I4 Feb 3
1% Jan 26
1980
'{18% Jan 27
Foreign Govt. & Municipal
Jan 28
23% Fob
6
48'4 Ja& -3
734 Jan. 8
•
Agricultural MtgC Bank (Colombia)
.f47 «Feb 6
6% Jan 14
33
♦Gtdsink fund6s
13034 FCb 10
llj Jan
a..1947
♦Otdsink fund 6s
Jan 15
...1948
Akefshus (King of Norway) 4s. 1968
'
j; v'l.v
8
'<r "
'*
'
'
b
; V '
.r.
#AhtloqUla (Dept) feoll 7s A...1945
•Externals f 7Sseries B.J..1945
I'. ♦External s f 7s series C. J..1945
t
166
F0b 10
•33
Jan
i ♦Externals t 7sseries D.i.,1945
2
7334; Jan 13
20%: Jan
lto
Mar
3
.
;
2
♦External
♦External
♦External
s
17s 1st series... 1957
sec s
f 7ft 2<1 serlcS.1957
see s
f 7S 3d series. 1957
6
Antwerp (City) extornal 5s....1958
-17%K4ar 26
53s! Jan fl
iLrgetitlne (National HoVernnoont)-^
95
,
.Jan
.
l 81 external 4 Vis....:......1948
8 t ext conv loan 4^9.-1971
934 Jan 23
....
^
k
v:
8 f extl conv loan 4s Feb ...1972
2234 Jaft 27
-98%: Jan 23
%;Janl4
6
S f extl conv lokn 4s Apr
Australia
--19U Apr 20
*..1972
Com'wealth 58...... 1955
I External
| External
I Jan 21
*-1957
5s of 1927
g
4^s ol
1928—---1956
VJahTft
-
28
'Jan 13
2%'Jan 10
Belgium extl 614a.—
24V Jan 13
32
jjnn
{External
8
-3% Jan 10
-46%;Jfth
4
•719
.*4%
*16'8
AH.
4%
4'2
412
4'2
1712
16'8
16'S
16<8 16%
*ll4i2 119
*114*2 116
*114*2 116
*2238
23
*22%
23
22'%
223«
*tg
*j®
12
• 16 • - '-*3
: *2
*15"
15-34. *15
I25s
123s
1534
13
1219
.
143
lO's
10
54
.53.
.*5"
978
.
.
10
.*7.
V*8
*26'2
29
36U
37
'538
*2614
36"%
*7
*134.19 137
*29.
I634
2334 Mat
4
RefundingS f 4J£-4Hs.-j Externalreadj 4^-45^8.*.
Externals f 4^-4?£s..i*.
2
) 3% external
4%
1684
*114is 119
119
.
W
26YJan
9
22
1278
378
9
6
;Jan
4% Jan
-
165
Jan
3
12
Jan 13
69
Feb 24
i .538
71*
6% Jan 12
7% Jan 6
-
29
36
t $ bonds*.,
5
26".i Jan
8
3
l5i«.Jan
35%'Jan 14
43
;Jftn 14
36%
*135'% 137&8 *134*2 137%
2978
*29
30.
10%
.♦lOJs
44
16 84
Externals f 4)^-4J£s.-**.
5334
:
Aires (Province of)^
♦6s stamped*.***
:.i.,
4
10
7i8
*26U
29
3634
147
13978 13978
144
30
2978
J... *139%
1634
1678
*J39.l2
*5
■
.73g
.
■
feuenos
0
89% Jatt 16
145
97g
5278
53U .5384
' *5'
>5*8
145
Sinking fund gold 6s..*..
Jab 15
-11 '2 Mar
9«,
15U
1278
334
:37«
334
.4
148
.146
146
..334
>
15*4
Sinking fund gold 5s.
Jan 21
10%'Jan
78
S of) external 8s.
^External 8 f 6 Hs of 1926
♦Externals f
of 1927
*78 (Central Ry)
£
Brisbane (City) sf5s.
6
40
784
;
;
1
jFeb
7
*1T'
I
3
.29% May
3734
I ♦Brazil (U
134 Apr 16
-
s 10s.*«. ,**.*:
Externals f 7s...I.......
.
35i2 Claris
j
17
-34%;Jan 16
,17*4
jWat 14
2078iFeb 6
,10%
17%
*10*4 .10^8
2
Feb
-12 -nFOft'.-*
.10%
'
'8
*7%
1678
91Y
.
"
.
17..
8
8
:
*7%
8
17
17
*16
90
*871$,
1343.1 Jan
6
I90
19%. *19*4 20
19»4 119*4
109% 16934 105
109% ,10238 105%
*18Y
33%
35%
33%
35
33»4 .33%
33
35*4
*120% 122
*120% 122
3%.
33,1
.3%
.23%
23%. 23
23%
1091% 10934 *109% 110%
.*3?4
33%
33%
35
3%
22%
109
13
14
•i-iwiiJaii 27
35
5034 Jan 27
120% 121
;
30
26
.17.
*88
.
dl%
8»4 Mar
2H4'Jam
97% Jan
21% Jkn
.
143V Jan 14
3%
23%
IO934
:
5
27
Jan 19
Jari
3
116% Janf
2
"
*59%.
j4
59%
3%
13%
*39
i%
4t%
l%
41%
3%
j 3%
58%
'58%
;
3%
1%
44
.*3?4
'
"1%
*41% .43%
2
*41%
.
.
3%
59%
3%
.
59%
*3% :.3%
*39
43
..
44
*3%
*39
.-'-3*4 fart -ft
70% FW*
50
•
3% Dec
;;
Jan 13
Feb
.
2'4 DeC
46% May
28% Jan 14
.22%
Feb
30
Jan
5
24
Dec
17
Jan
3
,11%
Apr
112%Mar 19
4
'•
2% Dec
64?4 Deo
61
5% Jun 14
.
'
■
.
76% Jan 14
;44
23%
23%
2334
24
23%
23%
*2634
27%
2634
2034
26
,26%
*13%
14
*13% ; 14 ■% 13% :13%
*10712.109
*107% .109.
*108
109
•!'
,.
3
6
5% Jan
•
110%June
"
*7v
*1
9
51%
*7%
9
..1%
*1
27*2 27%
27%
27%
*107% 109
*108% 110
»
.3
,3
5584
61
-
56
*41
22%
.
.
*6*4
.
.
22%
;
7
.
,
;
9
*71$
*l
I
1%
*1
*41
61
23
,*6%.;.. 7.
9 1
1%
..
*77$
*41
2%
53%
61
*41
21*
54
-61
23%
23%
23%
6
r 6%
*5%
ID
Jan
16
1% Jan 16
35
Jan 15
lll%Mar 12
4% Jan 14
.
*55
6712 Feb
60
66
*23%
6*5
5534
*41
=
23%
-
8%
*1
1%
*27% 28%
109% 109%
2%
3
27*2
27%
2734
27%
108% 108% *108% 110%
2% .^3
; ..278 r2%
55% 55% *54
156
22%
..
*778
24 i
26!4 Jan 15
*6
6%
:
4
Jan 2l
7%'Jan 26
4
.
.
Feb
2
634 Jan
.
6
77»2 Jan
83
25
8
Jah 17
Feb 21
96% Apf 21
39
Mar 17
70
Mar
26
2
Jan 20
|*Denmark 20-year extl 6s....1942
External gold
4.1955
l
External g 41^8....-.Apr 15 1962
{ ♦Dominican Rep Cust Ad 5^81942
of 1926.......1940
|#2d scries sirik fund 51£s..-l940
Customs Admln6>$&2d ser.. 1961
6)48 1st series....!
J..1969
f |*lfttser5Ha
!
6)48
f.-r-
♦
Ell Salvador 8s ctfs at
♦Estonia (Republic of)
10%
11%
10%
:
2%
8
3
5
■
5%
5
4
4%
*4%*23%
*24
25
*7%
784
*4'%
4%
25
25
8% 1 8%
14%
15
*15%
*
16
'
11
'
2434
*7% •' 734
*4% - 4%
*23% 25%
8%
14%
15%
page
1740
3
-
-4%
S%
15%
16 J
20%
20«4
21
21
*1033, 10s
*102% 108
For footnotes See
10%
3%
5%
.
10%
3%
*6
510
*4%
*23)4
4<«
2434
7*o
7S4
*438
4%
*23%
24%
2,300 Baldwin Loco Works
3,800 Baltimore
v t
C..13
& Ohio..—i...100
1,609
4% preferred.
....109
200 Bangor & Aroostook..k..._50
50
Conv 5% preferred.
100
1,800 Barber Asphalt Corp...... 10
^
600 Barker Brothers-.
110
lNq par
5l/i% preferred....
50
*1434
15%
5,203 Barsndall Oil Co..
1..15
900 Bath iron Works Corp..... 11
16
16%
1,000 Bayuk Cigars lnc.i..iNo phr
8%
8%
1*2914
23
1*1028,
108
500 Beatrice
*00
Creamery........25
$5 p-eferred w w
I No par
10% Apt 17
234 Jart 2
434 Jan 2
4
Apr 15
22
Jail
2
6%Mar 26
4% Apr 25
Apr 17
8% Jan 2
14% Apr 29
15% Apf 30
20
Apr 15
25
103
Mar 20
14«4 Jan 2
4% Jan 28
7*2 Jan 27
16% Jan 26
10% £>ec
2% Dec
384 Dec
3% Dec
18% Doc
31% Jan 20
-j 9% Jan 13
30
11%
18%
10%
24%
Jim 27
6
Jan 6
Feb 11
,
Jan 27
Jan 20
i
0
Jan
104% Feb 16
dep...± 1948 J
7s..L. 1967 J
Finland (RcpubllO) ext 6s.....1945
French Republic 7« stamped...1049
7s
7
Apr
5% Dec
Dbc
Feb
13% Dec
17%- Dec
unstamped.............1949
27*2
J 7%
;
20
102%
-
Dec
Dec
Week Govcrnment-
I
*7s part paid...i
;
*68 part paid-...
For footnotes see page 1741
J High
104.14104.25
Home Owners' Loan Corp—
3s scries A.
.1944-1952
30'g Jan
1-58
or
Asked
Low
6% Jan 27
81
Bid1 tfe
104.20104.20
M,4*M*.**liH5-l947
374,
Week's
Last
.
F
5i8 Jan 13
149:
Jan.6
11' * 11
.123
BONDS
a.
22<% Jan 2
<■73*4 Feb 27
'
12%
J}
$ per share
1778
*3%
Lowest-;
(1041)
N. Y. STOCK EXCHANGE}
Week Ended May 1
,,Year
Md'J I
.
$ per share
18
*60io
exchange
Friday
*119% 122
* 11
'11
It
12
Thuisday
? Apr, 30
*3l2
4
118*a 120
11-
.
U-"-- r",
Range for Pretious
New yoak stock
J
J
155 * Number 4069
Volume
THE^ COMMERCIAL ^c-tFINANCIAL -CHRONICLE
!i,
/.}'?*• i ^^
:
NEW YORK STOCK RECORD
NEW YORK BOND RECORD
Week's
Friday
bonds
N.
Y. 8TOCK
I
?
]
Price
Since v
Friday's'
Sale
Rid
<k
LOW AND HIGH SALE PRICES
Ranoe
Panne or
Last
i
EXCHANGE
Week Endeid May
Jan. 1
Ayked
Foreign Govt. & Murtic. (CatllS
i
••
26«3
64
64 \
*6'h
-:n. :
fisser a41952
55
'
63
••
!
•.'
•
:
;
'
wi.V
j.-
.
•
14's
11
51*4
♦177«
18*4
5814
frlsh i^rce
'»
69-
^tajte ex|l at $s44l9(j0
54*8
76
3212
11'
*4812
17%
54>2
55
113*8 mi
21
*1912
*1578
*157s
16
*111
;|W,
V.7
7
65
*20
65
'
*64%
7
*12%.
13%
*1912
578
*12 '
V
>j
♦Meriellln (Colombia) 8V58i-^.1054
-8 :
•
72
Mendoza (Prov) 4s read J—--1934
MH
8215
71
13%
13%
32%
32%
32%
26
...'
■
t \
r
'if
.
x}\
J
78
s
14
14
18%
20%
♦1%
55
515
614
614
1933
6
6)4
(City)
17«
*24
1014
1615
1614
1952
7s
75
75
70
75
*25
17's
734
1758
9)4
26
*163j
•
1958
1959
734
1758
*1634
*7%
1778
5%
11%
*62
s
f 5s
44
Norway external 6s
1943
External 6s
Mis
90
*54H
8914
84
89 Mj
89
1956
8314
56
*t
1%
7%
29%
5515
6«8
5114
5054
54
55 H
Municipal Bank extl s f 58..1970
67«
30
11
*10
1034
,'7
*28%
*10
56
*13
55 54
*19
60
*1978
6'4
20
2714
10%
10%
634
6%
6%
6%
10>
105
*103% 106
2%
2%
2%
2%
50
50 34
50%
5034
6%
6%
638
14
*13
19
*!8
19
20
20
♦Nat Loan extl
8
103
19%
16%
16
16
53%
53i2
634
6 34
55%
6 34
6%
234
2%
2%
2%
6%
2%
21
|*PoIand (Rep of) gold 6s
♦4 Vjs assented
♦Stabilization loan
2012
7'8
2%
*678
2%
7%
823s
82%
82%
12
12
12
1940
im
815
13 ti
715
7
1314
*16%
17%
131i
7H
1314
*40%
%
52
;
♦6
*16%
*49%
®8
101
2%
*6%
17%
14
1
9%
*29%
W4V:.
23
815
10
33
*13%
93g
*29%
♦6
4
•,"4:>
so%
30
10
♦14
*"0
1%
*1%
15 '4
*1315
9%
1415
*12%
*18%
20
*20
20%
15%
*14%
15%
55%
*53
6%
6%
13%
19%
55%
6%
6%
*2%
6%
2%
2%
20%
1415
57«
20%
20%
20%
2%
*6%
*76%
*11%
2%
*2%
7%
6%
'
57s
*20
*5%
578
20%
81
80%
11%
12
12
14
1968
14
♦7s extl loan of 1926
1966
1415
♦7a municlpal loan
1967
14)5
16%
6
14
17%
*49%
%
52
4%
*1515
18
*14
♦6s extl dollar loan
1968 j
{♦Secured s f 7s—...
1040
\
32
♦8s secured extl—
2614
30
2815
25
30
1%
G, 4-'
1%
v-1%
"1%
30%
34
*30
4%
•
30%
14
29 H
29 H
2014
2915
5715
5415
6415
30%
1%
•
4%
2%
*1%
21-
7114
31
5314
52
52
1
54
54
5
6114
5215
15%
*80%
83
54%'
54%
5
54
42
111
81
81
6%
42
1
41)4
*4
-
:>
5%
1948
28%
2.
Coll trust 4s of 1907—
1947
*99
5s modified
5s modified
...
103
6214
-
10315
104K
10415
104)4
104^5
:
1946
*88 VI
*58 income
.......'..i 1950
Alleghany & West 1st gu 4s.. 1998
For footnotes see page 1741.
6% Jan
2% Jan
18
Jan
8% July
Jan
7
23%
19% Jan
3
Dec
Doc
Dec
34% Jan
35% Sept
207« July
56% Nov
15%
55% Jan 10
1%
95
Feb
100
Jan
Jan
July
7
7%
Apr
12
Jan
60
*137g
95
*90
29%
1%
600
"3,030
1%'
433
220
18%
94
*93;
97
*93
94
*93
94
*93
96
15r
15
H84
*14%
15
15
6
*5
6
3%
*2%
3%
*14%
*5%
2%
28%|
*88%
28%
89%
*'»!•
-
v8
3
*5
3%
28%
14%
: *5
3%
28%
28%
89%
*2-8,
28
90
*86-
28%
28%
90
*86
*86
27
29
90
500
6
300
7,000
29%
*"i«
15i«
300
3%
78
3%
>*16
3%
3%
*3%
3%
1,503
2
2
2
2
*2
2%
600
10%
10%
10%
10%
2,703
*4%
10%
5
10%
5
*4%
5
4%
10
r
*4%
78
10%
*4%
5
100
14%
14>2
*14%
1478
*14%
14%
33
*33
36
*33%
36
*33 <s
36
200
*50
54
*50
54
*50
54
*n0>8
54
7SS
*»16
7jj
*71«
»I6
*716
516
*'.6
9215
5715
9215
-
"<
10
*9
1%
10
•
V."
8114
93
85
63
44
-•
>69
6515
68
*9%
1%
54%
9%
*94
95
94
•
94
*94%
95
94
*341,t
42
*34%
42
*34it
42
*34%
*91]
2% ■: *2,.
30
2%
*30
*2 >
33
85
'
*
,
53>4
54
;
6%
prior preferred
100
No par
5
Chesapeake Corp
No par
Jhesapeake <k Ohio Ry
25
Class A
40
Ihicago Great West RR Co.50
5% preferred
50
Ihicago Mail Order Co
.6
2%
30%
145
31
*
85
+"
85
*77%
85
*77%
85
♦78%
49
*47
49
*47
48%
800
32%
25%
-
*440
,
32%
26
147
800
32>2
*63
*440
•
800.
26
32%
26%
*141 •1 147
63%
59%
*58.
32%
26
26
*141
; 147
63% 64
58% :58%
.
,!
63%
*57%
*440
*141
64
*63%
*57%
59%
800
*440.
26
141% 141%
64
65
65
57%
59%
*440
3
18%
Dec
100
.100
5
No par
•14%
5%
27g
27%
89
110
3% Feb
2
18
Jan
29
Deo
4
July
Oct
97
Apr
25
Dec
34% July
5% Jan
Jan 27
22%
Apr
37%
Jau
6
Jail 14
Feb 10
15
Oct
21%
95% Dei
14% De,
5% Dec
107%
Jun
Oct
Jan
36% Jan 27
7% Jan
4
98
8
Jau
Feti
5
30
7
3
8
17% Jan 3
39% Jail 21
Jan 5
% Jan 16
•% Jan 29
% Feb 3
9% Apr 20
13% Feb 27
2% Feb 6
25
Jan 13
2
51% Apr
Jan 29
52
2
% Jan 2
%Mar 2J
8% Jan 2
1178 Jan 0
6
10% Feb 25
96% Jan 23
3
92% Mar 20
34
Apr 14
34
Apr 14
2% Jan 12
34% Jan 8
9
29%Mar 12
2% Mar
12%
12
12
*96
*95
*117S
12!
*U%
12
98
*96
98
*96
98
14
*13%
13%
31
12
%
:'"*%
:
1%
1%
!98
*u2
.
V
••,:*%
r 8%
,1%
,
1% :
:
1%
99'4
11V
:
*96
1238
*95
12.
117S
98
*1
1%
.
•
12%
11%
*96
15
1%
! 1%
i%
.*1
V
*1
120
70
8%
v
'8%
*8% ,18%
...
*8%
i.
1%
1%
*33::
37%
*32'V
36
.
1%
9
•3%
*32% J35
*32
36
:
,
'
:*8%
t.8%
1%
*32%
:
*32
For footnotes see page 1740.
87g
378
.
87«
87g
8%
8%
.
8%
878
1%
1%
'1%
*8>2
1%
331i
33%
331*
.9
1%
34%
32
32
32
35
36
V
.
-
32
<:
8%
,9;
1%
33>2
33
9
Dec
! 40
Aug
2
Dec
29%
1034 Feb
104% Aug
46% Feb
Dec
Dec
4% Sept
40% Aug
Apr
Apr
139
139
85
Jan
115
Aug
5
98
May
84% Mar 10
;; 81
Dec
84%
48% Nov
27
Feb
44%
Preferred....".
—100
Class A._
..No par
Coca-Cola Intern Corp .No par
100
4% 1st preferred.......100
4% 2d preferred
..100
1,600 Columb Br'd Sys Inc cl A.2.50
800
Class B
.2.50
220
Jan
8
92
Jan
8,200 Columbia Gas A Elec..No
33>2
72%
100
1%
1,700
Jan
41% Dec
Feb 26
5% preferred..1
9
35'2
Aug
27
Oct
Colorado A Southern
1%
3
Dec
Oct
Dec
20
5% conv preferred...:..100
100 Colo Fuel <fc Iron Corp.No par
1%
V
Dec
70%
109%
"
*llo
1%
143g Sept
Feb
1
20
|> 24
50
%
8% May
5
11%
*%
%
he July
10%
Feb
% Jan
% Jan
9-% Sept
3
400 Collins & Alkman..—No par
"•
Dec
k
July
6,f
Dec
■
Jan
3,100 Colgatc-Palmollve-Peet No par
100
$4.25 preferred
No par
15%
54
%,
Jan
2,500 Cooa-Ccla Co (The)...No par
96
19% July
44% Jan
29
13%
96
Apr
Apr
9%
112
98%
*14%
Feb1
37%
49
22% Apr 27
13
,11%
98
378 Mar,
Deo
67% Apr 17
I077gMar 13
100
*95
-
98 >8
*13'4
;
*%
15
13% :• *13%
% 1.1 *% > %
1% v *1%
1%
13%
I84
*1
•
12%
*95
99%
12
Oct
$4,50 Df.Afo par
79
......
Mar,
3%
Apr 10
Jan
4%
44% Jan
102% Feb
134 July
6% Oct
3
July
11% Nov
8% Jau
1% Mar,
1%»
"
18
Deo,
t„
1% Jan 29
Jan 26
2% Jan 20
13% Mar 23
5
22to Sept
2% May
31% Dec
93
Dec
5
Apr 25
Apr 28
Special gtd 4% stock
50
1,700 Climax Molybdenum..No Par
1,200 Cluett Peabody & Co.-No par
200
Dec
19
Apr 24
Jan
1%
29
1% Jan 2
9% Jan 2
4% Jan 23
9
Dec
-
2
77
17
%* Jan
Jan
4% Aug
17
Feb
30
31% Jan 27
2% Jan 5
Mar
100
33
3% July
115%
Dec
•4%
Sept
75
22% Mar
Dec
1%
1
7
Apr 29
Apr 22
Apr 15
50
65
3% Feb 11
95
5
2
% Apr 16
3
Dec
10% June
Dec
Dec
5%
8% Jan"3
Clev Graph Bronze Co (The). 1
-
20
29% July
122%
94% Jan 14
Apr 2/
Apr
Jail
50% July
1037g Dec
96
-
125
Jail 12
May
72
1
MarlO
Jan 26
50
Jan 26
32% Apr 28
25% Apr 24
44
Jan
5
36% Jan
142%Mar
3
7
6
9
139
Jan 22
56%Mar 24
55% Jan 28
470
Feb 25
79% Jan
63% Jan
470
Feb 25
1
12%'
97%
*8%
Dec
2% Feb 17
Jan 2
...100
V.
.
57'2
800
36
93
Mar 10
1% Jan
40 Clev & Pitts RR Co 7% gtd_50
~
32%
26
61{% preferred
No par
5% preferred
48'i
32%
32%
26%
ity Ice & Fuel
90 Clev El Ilium
; 200
.4—-
70
79
*47
147
800
85
23
3
Jan
C C C & St Louis Ry Co..100
110
*98% 100
85
*47
Copper Co
200 City Stores
500 Clark Equipment
3U2
23
*98>2 100
100
Co...
City Investing Co
»
145
iio"
23%
60
4
•«•
2%
*
1093410934
*21%
42
:
145
100
7% preferred
0% preferred
15,430
94>i
*2 •;;
*30
2%
Feb
Mar
43V Jan
Isl & Pacific.. 100
asha Cotton Oil.
1,200
43
112
1% Jail
21% Jan
preferred.._ATo var
(S'2.50) cum div No par
conv
s
9%
9%
6
21% Jan
14% Apr 27
$3
200
20
19
42
1% Apr 27
90
93
Common.,
Jan
Feb
Jan
Jan
3% Jan
87% Sept
*2% Deo
3
69
121% Apr 29
16% Apr 24
200
/•
53%
53
9%
9>4
85
32«4 :
1%
23
:
30
ii-
♦
.
*21%
23
2%
30
145
*
24
49
>
32%
25>2
*141
12%
61%
*9%
9%
3% July
Dec
1%
xl5% June
Jan
.1
9%
12%
*1%
*21%
12%
1%
*78%
59%
*9%
10
*12%
1%
51%
9%
V
Aug
Apr
5%
39%
3
71% Jan 3
23 >8 Jan 27
par
6% preferred series A.-.100
5% preferred.....
100
V
148
Dec
106
60
Mar
13% Apr 28
'
% Apr 16
i
18% Jan 26
5
1% Jan 30
1% Jan
6
1
3
Jan
8% Apr 17
Feb
11
Dec
Jan
2
105%
<
Dec
Feb
13% Jan
8% Apr 24 113% Jan
1% Jan
1% Apr 28 :
54 7 Jan
x32% Apr 17
45% Jan
32
Apr 22
2
30% Jan
114
Mar
20
12% Dec
% Dec
Jan
Jan
Dec
II
1:
2% 8ept
21% Jan
Dec
11
3% Aug
Dec
»8
-
1%
Dec
I
2% Jan 31
2
Jan
July
16% Sept
106
Nov
Dec
100%
6
Sept
63% Nov
740
July
740
I07j
i
Oct
Mar
Deo
39% Sept
Dec
14% Feb
105
Jan
Sept
50
78
0
13% Jan
105
Feb
28%
105% Jan 22
ll%Mar 13
33%
142
97% Apr 25
ll%May 1
96 May
1
•
•
-41
10
12%
*47
: *
64
*1
64
*9
♦12.;
51V
85
2534
♦5g
76)4
51
800
*21%
*13%
" 92
78
200
>%»
109l2 109% *109% 110% *109% 110%
23
22%
*21
22% *21
23%
*98% 100
*98% 100
*98'2 100
49
*1%
5215
%
*18
21%
*96
6715
%
*16
21%
42
12 v •12
90
»16
*16
24
97%
*n%
'
»i«
«l«
♦1%
.
24%
147
*440
»!«
*%
12
145
33
*7is
10
12
27% Jan
1% Aor 28
23% Jan 2
Jblc Rock
73S
**18
1%
*34%
2%
29%
85
63%
*68%
V *9
95
2%
^32
*n,,
*1%
*94
31
%s
5284
9%
100
>>16 :
'3'.'
1%
Jan
40
Dec
32% Dec
Apr 27
27
Pr pf
"
12%
*1%
'
42
62
.
14%
*'t«
5l« .,'V
*12
12%
10414 106
62
54
55
14%
*'l6
»I6
1078 June
26% Dec
Feb 25
!ertain-teed Products
800
33
54
14%
9% Nov
6
5
Mar 11
66
Iblc & East 111 RR Co.No par
V
3%
2%
10%
Dec
16
lerro de Pasco Copper.No par
Preferred series-A.100
%
4%
4%
120% Jan 22
Jan
100
90
3%
2%
5
■
23
85
checker Cab Mfg
3
3%
1%
10
54% Nov
1% Jan
7% Jan
1478 Jan
17% Sept
Dec
Apr 29!
77
Apr 17
6% Apr 15
par
'30
,
1516
3%
1%
9%
14%
6
*2%
Mar
i
»«
15% Apr
12% Jan
Apr 24
100
Mills .No
103
93
90
Violeta Sugar Co:.—
ry Itibbon
26%
6
24% Sept
51
32
14% Apr 29
2% Apri 4
il
Preferred
29%
1%
26%
1
pref-.lOO
IIR of New Jersey.. 100
2%
95
29
2978
134
178
*2%
*90
95
il Foundry Co
il 111 Lt 4H%
200
14%
*14
..100
Aguirre Assoc.iVo par]
150
2%
100
5% preferred
1,200
93
*2%
278
*2%
1%
1%
*92
14%
29
prior preferred
3.100
„
30
7% 2d preferred
17
1%
pari
100
70
278
No
2,800
*68%
14%
27g
*1%
Tractor
6%
*16%
92%
lOOj
100
79%
16%
.*2%
1
[) Co..
Preferred
Apr
*16
*5
11%
15% Dec
1% Jan 14
7% Jan 14
Apr 24
18%
*2%
4%
Dec
19% Jan 26
23% Apr 28
2% Apr 2 4
54% Apr 17
117
Jan 16
15
27
6
2%
47g Jan 14
82
*16
28
67g July
Aug
23
Dec
18
37% Feb 16
2% Jan 14
110
17
15%
4% Sept
Sept
Dec
Dec
1
1% Feb 10
100
27
*15
4%
6
2
100
17
15%
9% July
25
Dec
5078 Ju.i 29
;
Apr 16
29
15
76%
12% Apr
578 Jan
1178 Jan
9% Apr 2 5
7%
70
2%
28%
•
92
79%
6%
67g
1%
92
*90
28%
26%
1%
1%
-2%
14%
*2%
2%
1%
May
49
Jan 13
37s Jan
8% Jan
3
2
2
5% series prior pref
20
26%
95
*32%
104% 10415
10315 103)5
78":
1
„
Dec
Jan
20
1
1
17
270
17
2
*141
10015 101
9815 100
102
10614
10415
5614 •-5615
.574
1949
Apr
3% Jan
4,100
26%
3
2538
72%
101
1946
1950
16%
79
*684
16%
83
*16
145
50
*10315
1944
.........
*68%
02
15%
112% 112%
34
.
6« modified
19% May
1478May
53
5%
18%
15% M ir 30
23
2078 vlay
$3 preferred A
3,200
14%
Alleghany Corp—
t
79
7%
31%
82%
15%
83
112% 112%
16
i
31%
31%
17
51%
0
6514
10115
Jan
July
76
Feb
5
7% Fob 14
6% Jan 23
14% Apr 16
18% Apr 2/
25
& General Corp
*16
52%
9%
•
i
*82%
70
274]
268t
31%
15%
16
95
*90
*1%
26%
18%
*34%
*2%
50
..J.. *101
?
15
15
*14%
*2%
95
28%
31%
15%
16
,
*2%
2%
*214
26%
*30
4914
50
Adams Express coll tr g 4s...
7
*2%
57%
1%
1%
-
2%
55%
30
92%
2%
51%
;"t:
*47
Jan
5%
Dec
51
Jan
118
June
2%
50
*2%
5534
70
1%
*21%
•
1953
j;109
703
2%
5534
83
92%
25%
m
5 \>
1953
Alba'iy A Susq 1st guar 314s.
314s registered—
6% April
Sopt
2%
57%
*2%
6%
69%
1%
28
*77%
*45%
1948
12%
120% 121% *120% 122% *120% 122%
*22h
34
w,
6s with warr assented..
23% Mar
Dec
30%
*82
92%
2%
14%
^*21%;
-t.
„
Dec
7%
Apr
678
6%
16
*90
95
*06% 100
Alabama Power 1st mtge 3 lis 1972
Albany Perfor Wrap Pap 6s._ 1948
11%
9
87S
112% Juu 27
3% Jan 3
66
Feb
6
Jan
22
83
*82
*69
15%
2%
*22%
104 X
Jan 16
7
80
1%
92%
*2%
14%
109% 110%
10315
37
14
24
112%
16
85
1943
Jan
978 Apr 17
Dec
7
92% May
*78
70
1%
*1%
COMPANIES
1943
30
41
110
16
2%
*9
RAILROAD and INDUSTRIAL
1946
Jan 16
Dec
79
*6884
92%
*1138
W
1st cons 4s series B—
Dec
35
Dec
111
111)
684
6%
16%
9%
10-year deb 414s stamped—
Apr 29
Apr 23
Apr '3
1
79
15%
15%
79
111
70
*94
Ala Gt Southern 1st cons A 5s
Jan
45%
2%
6%
Dee|
32
50
*50
46)4
•Stamped
41
Apr
•%
5
"
83
111
81
;
*%«
60
|*5s series A unstamped—
Dec
38
3
Jan
% Jan 13
1% Jan 5
9% Feb 7
Jan 28
30
*29
30%
15%
30%
*'t»
6715
57)4
.
23%
43
Feb
j 55%
57
*55'2
*«ii
j
:t
2
Oct
Aug
Jan
14% Sept
No par
200 Capital Admin class A......1
54
6914
1979
-
Jan
Jan
89
2%
*2%
■■f
Cop..5
IIW &C Fcly-.ATo par
Dry Ganger Ale
5|
4,200 Canadian Pacific Ry
603 Cannon Mills
36
7415
1978
1978
1984
tAbltlbl Power & Paper—
2%
57
*120% 122% *120% 122%
30%
15%
*4%
76
External conversion
y
:
57
57
120
& Hecla Cons
la Southern Ry Co..100
14%
*33%
....1958
12%
25%
5i« Apr 16
•% Jan
903
*50
74
3)4-4 M-4*i« extl conv
4-4X-4MB extl read)
3 >is extl readjustment
♦4M« assented
Dec
Dei;
37
24
*9%
*434
♦Warsaw (City) external 7s... 1958
Deo
6%
14%
9% Jan
1878 Apr
Apr 20
*22%
15%
(Republic) extl 8a..1946
3J4-4-4lg8 ($ bonds of 1937)—
16%
2
29% Feb 25
16% Apr 28
7% Apr 28
2
15% Jan
Apr 14
24
%
54%
Sept
77
*22 >2
3
53%
Dec
32
23%
*b%
3)4 s-4-41i 8 ($ bonds of 1937)
external readjustment
1979
23% July
10
23%
27%
*89%
1964
Jan
20 Carolina Clinch A Ohio Ry. 100
100
24
3
...I960
28
16% Jan 2
50% Apr 14
800
*23%
*2%
1958
♦Externals f 6s
3% July
31% Jan
17% Dec
5
9
6
50
8031
14
24
1958
♦Externals f 6s..'.
Feb
7g
9
2% Fob
30% Jan
18% Feb
No par
83
95
1955
tUruguay
(
Mar 10
19% Fob 14
2% Apr 17
6%Mar 6
80% Apr 28
10
Jan 10
32
"
1962
♦Silesia (Prov of) extl 7s
•4
assented
21
500| 5% oonv preferred.......30
1,000,Butte Copper A Zinc
...5
9%
*9%
34
*29>4
4-. v 4 %
29% 30
2%
*1%
9%
32
*16
-.1962
Sydney (City) s f 5lis...
217» Sept
Apr
6% Feb
20% Apr
14
14
9%
*29%
4%
9%
83
Serbs Croats & Slovenes (Kingdom)
♦7s series B sec extl.
Dec
5% Jaii 19
5,200
35
26%
40
40
29
56 li¬
j
Dec
18%
16
10
900, Butler Bros
6
84%
*1%
16
29
o
17
Mar 17
24
54
Dec
6
6%
*32
28
67
1U5. 1715
11
39)5
1950 ,/
1956 M 8
Apr
Dec
5% preferred
*83
*90
2815
.1036 j
♦7s extl water loan.
6214
\i
Jan
111%: Jan
Dec
5
6
3.)
14
14
500
85
*184
15
Mar
89
24% Feb
%
35
.92%
es
*6315
Aug
38
2
17
*32
*2%
♦88 external
35
2
BushTermBldg7% pf._.. 100
52
*»i»
%
6
34
30%
17
*49%
17
52
%
6%
1378
v
*29
4'
:
*30?
16%
*49%
%
13%
9%
9%
34
4
...
30
6
•
6%
13%
13%
9%
*29%
■
9%
34
*1%
*16%
%
%
*80
*14%
|♦San Paulo (State) 8s
24% Sept
Oct
1%
Byron Jackson Co
35
2%
..1957 MN
Apr
5%
12%
83
*16
1415
......1964 \{ g
90
12%
25%
6
.1
81
12
83
6%
55
14%
f 4s
Dec
3% Feb
par
Byers Co (A M)._
No var
Participating preferred.. 100
*32
*79
1946
s
Dbc
70
7% Jan 27
130
2%
7%
83
*68%
•8s extl loan of 1921
♦6s extl
extl
Dec
Jan
2
4,800 Burroughs Add Mach..No
500 Bush Terminal
20% 1
32
12ji
Rio Grande do Sul (State of)—
♦6Hs extl secured 8 f
No par
800 Burlington Mills Corp
1
Conv pref $2.75ser..No par
57s
*20%
2%
*6%
80%
2%
6%
81
I
.No par
300
6%
3
.22%
32
111
14 H
12>5
♦Sao Paulo (City of, Brazil) 8s. 1952 m jj
13
10
23% 8c pi
10% Jan
18% Jan
17
Oct
5
17% Jan 7
20% Jan 13
Apr 21
No par
600 Bulova Watch
6%
*2%
20%
5%
19%
147s
55%
14%
2%
•2E-
19%
*53
*81%
*80%
Santa Fe
317g
Dec
Dec
40% Jan
2
6
Jan
Buffalo Forge Co
700 Billiard Co
34
*30%
15%
........
Dec
5
21% Jan
31% Jan
95% Feb 16
—
30
Dec
15%
V70 :V;Apr'-
7% preferred..........100 >103(j Mar 12
No »ar
2% Apr 24
50
100
Apr 15
18%
8434
120
Queensland (State) extl 63.... 1947
.
21
7% Jan 14
30
26
5
Dec
115
12
30
5
3,000 Budd Wheel
6%
13%
*32
*2%
—-
1% Jan
25
51%
Jan
14% Jan
29
Apr
19% Jan
Dec
22% Jan
19% Jan
Apr 30
Apr
Aug
19%
Oct
t
41% SeM
207g Jan
57
May
34% July
89% Jan
131% Jan
Dec
50
6678 Jan
18% Mar 31
7
18%
*81
?
*55%
f g
78
10%
Jan
121
39% Apr 28
13% Mar 13
29
90
54
*23%
8
28
2,200 Build (E G) Mfg
80
7% preferred
*13
18%
52
16%
6%
*1358
*7H
♦Rio de Janeiro (City of) 8s... 1946
♦Extl sec 6M»
1953
15
par
2%
2%
♦51
20 34
12
*498,
%
6
...
*6
—.15)66
8
Jan
52
24% Jan
Apr
J"®
17
Jan
14
27
No par
Brooklyn Union Gas...No
7%
104% 105
52
*51
.6%
6%
7%
81
80%
11%
...
*6
*14>4
♦Extl loan 71*8—
5
1,300 Buovrus-Erle Co
2%
*2%
17% Apr
5112 Apr
llO%Miy
18% Apr
11% Apr
5% A pr
11% Apr
100 Brown Shoe Co.......No par
400 Bruns-B il ke-C ollender. No par
7
>104% 106
13%
15%
*52%
20%
5%
20%
2%
20%
52
%
6
6
t 7s....1947
♦Porto Alegre (City of) 8s.:... 1961
*10
100
Brooklyn A Queens Tr.No par
Bklyn-Manh Transit..No par
600
11
7
10'»M ay
share
•
8% July
3'?% 'Ant
46%Mar 18
per
32
126
Dei
6%
3978 Jan
Apr 28
1214
1315
1314
11?4
*4 Ms assented
...1968
♦External sink fund g lis..:.1950
*4 Ms assented
....1963
■
*20%
2 "4
20%
5%
5%
20%
UU
.......1958
s
5%
12
I *Nat Loan extl 8 f 6s 2d scr:. .11961
22
*2014
578
*1112
5714 6415
5714
63
10114 10314
103
""460
30
20
19%
*16
iw
f 6s 1st ser.. 1960
1%
7%
7%
*29
18%
:
*53%
7lS
63
6164
10%
*6%
6%
*13
16%
♦201«
3854
6%
14
5438
8-2
60 %
1342
30
15
....5
300 Bristol-Myers Co
31%
*1
1%,
7%l
7%
*29
?;
54%
6«4
*55s
2012
2U
*57 Ji
7%
30
1
Briggs A Stratton
28%
*l%2
par
100 Brewing Corp. of America.. 15
1,000 Bridgeport Brass Co ...No par
2,300 Brlggs Manufacturing.No par
;
8%
30%
13j?
*1
1%
7%
*29
*212
♦Panama i Rep) extl afssxer A.1963
♦stamped assented 5s
1963
;
Stamp mod 3%a ext to
1994
Ext sec ref 3 Mis ser B
1967
♦Pernambuco (State of) 7s
1947
♦Peru (Rep of) external 7s.—1959
1
1*8
7%
7%
18%
15l2
*16
(City)«14l*8U-4..;.4l955
31
*I1jj
B.—.—.IVo
>:
7% Jan
•
June
-
32
25%May
300 Bower Roller Bearing Co
18
i
Feb
28%
108
10%
65% Apr
Class
Feb "
Highest
share $
per
13% Mar
16% Mar
100
100 Boston & Maine RR
V
1'8
*27
28%
*28
,
11
*1
7%
*13
20
•
Oslo
*27
"35
*iijj
17%
5
100 Bond 8tores Inc
26%
16%
8%
17%
8%
17%
31
>hi
17S
*2
*15
28%
*28
*7<8
29%
*638
.....
52 Ml
*15
"8
1778
*27
50
1965
..1963
16%
8%
1
No par
4,100 Borden Co (The).....
■6,400 Borg-Wamer Corp
22%
(1941)
90
53
89 Ji
-.1944
External sink fund 4
Externals f 4148—
4s s f extl loan..
74
26 %
*25
100
90 Bloomingdale Brothers.No par
"""130
14
18%
18%
22%
*1%
*25%
31
*104
105
*10312 105
2-38
2'4
*2%
2%
5312 *60% 54
•5018
70%
48
18%
22%
28%
73«
7
68 %
*13%
*28
2978
*10
Apr 1958
78
30
110% Jan
6% Jan 14
5
500 Bohn Aluminum & Bravs—5
Bon Ami Co class A...No par
31%
*27
*1
External
♦65
*30%
*13%
31%
*7i«
Externals f 5s..!—........1957
78
18%
7% preferred..-.
7,900 Boeing Airplane Co....
15%
31%
14
1%
25%
16%
7%
17%
VV
25%
*65
28%
*"32
15
25%
par
.
50 Blumonthal <fc Co pref
15%
22
1
.300
71
25%
-
..5
2,400 Blaw-Knox Co
600 Bliss A Laughlh Inc
12%
8%
*30^8
*27
*"}S
•
18%
*15
7%
♦62
..j.
Aviation...
100 Blgelow-Sanf Cam Inc.No par
500 Black A Decker Mfg Co No par
5%
14
25
177g
67
22
1%
1634
*8
15
*28
"j2
*»»
New South Wales (State)—
1%
26%
16%
7%
175s
18
'
-:j '\
*1%
*24%
27%
17%
77g
8
Bell Aircraft Corp
—
i
for Previous
Year
131] Marl
13% Apr 29
Pr pd $2.60 dlv ser'38 No par
200
No par
r-200 Best A Co—
10.900 Bethlehem Steel (Del)..No par
,
15%
3058
21
14
8
;
25%
29
'
*29
N
1834
21%
5%
11%
Belgian Nat Rys part pref.
.
18%
*15%
5%
*11%
15%
3134
*27
•••'
*28 >2
♦6s scries A
18%
15%
Apr 24
1,500 Beneficial Indus Loan.. No
,
547s
55%
110% 110%
*19%
21
20
*15%
' 78
10%
Jan23
64
par
I
$ per share
28
_
74.000 Bendix
S per share
50
Beldlng-Hemlngway. j No
""960
50
"
*17%
56
>
25%
3058
,*13%
'
18%
*13%
50
19
20
'
of 100-67>ar« Lots
Packing Co— .20
Beech-Nut
-800
;
13%
33%
10%
10%
51
111% 111%
65
*70
31
20%
18%
21-34
178
515
78
30 %
14
18*4
2 Ms
*1334
6H
1945
f 6 Mis
♦Montevideo
*70
31%
181s
,
1954
f 6Hs
*62
65%
15
115% V1525% 25% \ 25%
78
31%
2118
•Us
6J4 '
1959
s
*70
65%
I6I4
515:614
Mlnas Gcraes (State)—
♦.Sec extl
♦sec extl
25%
m.h%\ nit
♦4 %n stamped assented
1943
♦Mexico (US) extl 5* of 1899 £.1945
i
♦Assenting 5s of 1899
..1945
♦Assenting 4s of 1904
♦Assenting 4s of 1910
§*Trcas 6s of '13 assent
*25
32 >8
32's
Irrigation**'•;'
*65l4
15%-
68;
•1534
*73
Mexican
12
*87S
9
i..
*13%
■
5%
1212
*87®
*25
'"■.■■'-s': '■
<
"5?8
*65i4
16*8
M
v'V
'
7
*12%
....
10%
Beech Creek RR
"**400
69
*6%
*12%
51
Par
25%
*65
>•12*1---'i-j
*17%
On Basis
Lowest
Shares
25%
71%
7%
*6%
'
♦Jugoslavia (State Mtge Bk) 7s 1957
$ per share
jApr. 30
Range
Range Since Jan. 1
YORK STOCK
EXCHANGE
--
.Week
1378
13% : 13% 13%
'7 32"
33
32t2
r,2' : 33
11
10%
10%
10%
10%
51 :
*48% 51
*48% 51
17% *17%
18% *17%
19
55%
53% 54%
53% 55%
113% 11134 111% *111% 112%
21:
*19% 20
*1912 20
16
15
15
1434 15%
578
5%
5%
558
5%
12
*10%
11%
*10%
11%
9
978
978
8%
'812
•1378
'
■-
•
7 May I i:
* "er share
25%
:
y
STOCKS
NEW
the V
Friday
Thursdai
* per share
257S
64
"64v
;
-678
-
•
:/• ■!■•
XJ
'Apr..-29
% per share
64
-
6%
32^4
*48
4715
::
.
I:
!
Wednesday
Apr.-28"
*12i2"^.
'*1212
*137«
1V10?4
'
64
'
G
Tuesday
2fHz
'•
7
♦32U
♦Haiti (Republic) s f
Hclsingfor8 (City) extl 6 l$s.— 1960
Monday £j
Apr: 2f '*'
S per share
% per share
*-.:A
>
/or.:
*■
um
-vl
•
■$.l
low
nm
Loip
Sales
'
Saturdan
;
:
I Apt..25
-
■
21
Dec![
43% Dec
•
42% Nov
J
Jan
4%
Jan
82%
Jan
72
Apt
THE COMMERCIAL & FINANCIAL CHRONICLE
1734
Monday, May 4/1942
BOND RECORD
NEW YORK
NEW YORK STOCK RECORD
Friday
LOW AND HIGH SALE PRICES
Sales
for
Saturday
Monday
Tuesday
Wednesday
Apr. 25
Apr. 27
Apr. 28
Apr. 29
$ per snare
$ per share
—Apr. 30
the
r
v
.
Lowest
Lowest..;
Highest
60
*5%
!.$
60%
5%
27 I
ver
*51%
5%
*25%
share
60'4
5t2
27
1678
50l2
50i2
+50U
5L
*257„
5\
534
97
*00
r
*
>
Allied Stores
Columbian Carbon Co.No par
Columbia Pictures
16%
13%!
97
*10
I
H%
*30
15U
27
1678
97.
22%'
*2578
187S
01t8
commercial Solvents—No oar
Commonw'lth A Sou—No par
27
17>8
.1702
4,60)
9U8
*91
22'2 ' 22'4
93
2278
100
I7I4
21 >4 2214
2D4 2178
2T-2
103% 109% *109% 102
*100»4 102
*100'4 101I8
22U
.3)0
1,900
7,70)
*25%
6,20)
•
v
10014 100'4
4,200
11,200
Am &
'
■'
•'
70)
4,300
v-'+ *.•
Consol Coopermlues
1st
i
9,900
900
30)
!
v
"
-
.
1995
..—1955
— ...
Oonv gold
i960
4s....^.1965
4s of 1910_—:
Rocky Mtn Dlv 1st
6% pf.101
Coal Cn
2;
U
preferred..—.10)
■i-
—
.1.1955
Conv 4s of 1905-..:
Corp——t.-5
Consol RR of Cuba
5% conv
'
Stamped 4s—..
Oonv gold 4s of 1909
;
Consolidated Oil Cnrp.No pa'
Consolidation
1935
—...
f 4s ser C (Del)...—-.1957
Adjustment gold 482...1995
•
10)
20)
;
4s—1930
Atchison Topeka A Santa Fe—
j
General 4s J--—i
1995
Carp...6
preferred———.Nopai
Consol Film Industries—...1
"
'
s
*
$5
Consol Laundries
A..1975
—.—1995
Armour A Coi(Del) 4s B.
$2Dirtlopreferred...No pa/
30)
V %. •• V
r
{Ann Arbor 1st g 4s.
Consol E Uson of N Y—No par
200
{J'
Ark & Mem Br A Term os.. —1964
••
14,900
1.400
L
;
.
Anaconda Cop Mln deb 4
■
r>r.vt
.
V
.v
•Auglo-Chilean Nitrate deb.—1967
7% oreferred — „ —
100
6 lA% prior preferred... 100
•.!.
1
Am Wat WksA Elec 6s ser
Consollditcd Cigar.i..No nar
'.
'
Type Founders conv deb—1950
Am
Cong )leum-N.Urn Inc.No par
Consol Aircraft Corp.
1
50
debentures.I
3 lis
3s conv deb....——,
*•1,100
9,200
23)
...-—-19(11
1966
-.1956
3 lis debentures. J.
•
Inc..-No par
Conde Nast Pub
5)$s.:—.1949
Corp conv 5Hs—1949
Teleg—
American Telep A
Commonwealth Ellson Co-.25
100
1952
Foreign Pow deb 5s..—2030
Amer I G Chem conv
Am Internal
No par
$6 preferred series
\.
4,
Corp4^8 debs.. 1951
Allls-ChalmerB Mfg conv 4s
No par
$2.75 oonv preferred .No par
Commercial Credit—.—--.10
4X% oonv oreferred—100
Oomm'l Invest Trust—No nar
$4.25conv pfser '35.No par
578
1
'
PaT
>
300
70.)
63
Price
Cos. (Con.)
Railroad & Indus.
Shares
S'per share
62i2| '*80
53,
578
27^2
*25)8
Friday's
Trans-Con Short L 1st 4s.-.1938
A...1982
Cal-Arlz 1st & rof 414s
$1.50 pfNo par
Cmsutners Pow
1916
A....1944
1944
Atla -tic Coast 1st cons 4s July 1952
General unified 4l){s A.1964
10-year coll' tr 5s.-..May 1 1945
LAN coll gold 4s.....-Oct 1952
1,100
Contal ler C >rp of
America.25
Atl Knox A Nor 1st g 5s
3,600
Continental B ik Co...No nar
Atl A Cliarl A L 1st 4)*S
...'.—100
1st 30-year 5s series 13
10 )
i
8% preferred
.
Ino.----i.20
Fibre.6
isuranee.—$2.50
6,80)
Continental M )tors...V.
1
4,800
Continental Oil of Del ——5
1,000- Continental Steel C >rp .No par
-r 500
Copperwcld Steel Co.—'
5
I
Conv pref 5% series
50
5,000
900
2,300
Continental Can
Continental Diamond
Continental!
4s.—-191S
Atla'tic A Dan ist-g
:.1948
5s—1959
Second mortgage 4s.:
Atl Gulf A W £ 8S boll tr
Atlantic Refining deb 3s--—-.1953
...—
400
'
2,40)
i-;
Co. .20
Refining....25
Com Etch B ink Trust
corn Pro lucts
•
170
600
Coty Inc...
800
Cnty Internat Corp..
I.1O0
200
600
200
1,900
10
-
2,900
200
250
-
—*£5
w—No par
Corp.-i.-5
preferred..—No par
Crucible Steel of Amer.No par
;
5% conv preferred.
100
Cuba RR 6% preferred—100
^
$5conv
*
300
90
2,300
•"
Pgh L E A W Va System—
.*
Refg4sexteuded to
1951 MN
S'west Dlv 1st M (Int at 3)4 %
II,100
1,600
"10
.
13U Jan 141
15ig Jau 7i
08
Jan 26',
Co—>
Prior
18-34 Jan
Class: A—
-
—-------j,
•
200
J
J
3s.... 1989 J
D
Battle Cr A Stur lHt gu
Beech Creek ext 1st g 3)48;:..
A O
Bell Telep of Pa
J
J
1951
5sseries B..—1918
C
."...i960
Belvidere Del cons3J4s
1943
Beneficial Indus Laan 2 lis
1960
-♦
52,-Apri;,
1734 Jan 14
A
O
J
J
J
D
;.:1966 A
O
1st A ref 5s series
2%sdcbeutures-;
1952 A O
1969 J .J
Beth Steel 3)48 conv debs
'•
*2'>8
3's
*14%
lyu
9%-r- 9%
*
*104 '
<5%
18%
6'2
19U
26
*3%
7I2
'
3%
t
10'2
7%
7%
5t2
191,
23%
10
' 7%
3'.2
1,700
40
33%
■15'2 Jan
834 Apr
ALt4){% Pf-100
Inc.;.
403
2,339
.
16
17'2
1)%
153
1,3)0
33%
47« AprH
18i2 Apr 29
603
—*
Co—-—-:—No par
20
Deisel-Wemmer-Gllbert
10
Delaware A Hudson...—.'100
Delaware Lack A Western-50
{Denv A R G West 6% pf-100
Detroit Edison....———20
Devoe A Rayttold3 A..N7 par
Diamond Match———No par
6% partlc preferred—
25
i 978 Apr
2o
27g Dec
14'2 Dec
334 Jan 10
|6
3,
j,'eb
11% Jun 19
Jan
8
5
no
29
27
Feb27
Jan
2
Apr
28
6
i038 Jan28
3
4^-Jan 27
?
,2 -jan 27
lg*^ J »n 7
14>8 Apr
2
14
5
Jan
v
..I960 F A
H.....1985 F A
-
Boston A Maine 1st 5s
•*
1st
Dec
1950 F A
A C.—1907 M S
M Ssseries II..-.1955 MN
JJ
.—..1961 .4 O
RR
11960 J J
4)4s ser A... July 1970 MN
1st g 4*4s series
2<2.' Feb
16 «
1st mtge 48 series
♦Inc mtge
Dec
{♦Boston A N Y Air L
1214 Dec
Bklyn Edison cons M
27)4 Jan 19
,21
3g.ij jtt„ 12
33
1
Dec
Bklyn Union El 1st s
.
9%
9%
53%
*)5%
*14
2%
*7%
••
2%
8
114% 111%
103 >8 104%
*120% 122
*114% 115%
53%
14%
*2%
93%
3%
9%
53
9^8
53%
95%
*14
*2%
97
14%
*3%
*7V, >: 8
*7%
8
*113% 119% *113% 119%
105
10354 105% 133i4
.121% 122
*120% 121%
*1141^)15% *114% 115%
Diamond T Motor Car
1,200
Distil
203
•
l—No
Doehler Die Casting Co No
Dome Mines Ltd...—-No
Douglas Aircraft.—u—No
Dow Chemical Co——-No
Dresser Mtg Co
...No
Class A...:
1,103
4,5)3
2,103
1,299
603
•
Corp-Seagr's Ltd.No par
203
Dunblll
8
7,40)
333
79
2
163s Apr 23
A"pr 14'
95
,
Feb 26
2-is
79>2 Apr 17
j
36
,
2l
v
Jan 29
13<s Jan 21
6
3
3
Corp.---—.--No par
preferred-;--—----100
Du P de Nem <E I) A Co-,.20
$4.50preferred—J—-No par
Duauesne Light 5% 1st pf.100
'
8%
Apr 24 ;i26i2 Jan ,7
111'2Mar 14 H5i4 Feb 13
120
May
7
■32% Dee
jun 12
70i2 jan
124U Jan
15'2 .Jan
Apt
ist
17
/
May
1st lien & ref 5sseries B;.
Buffalo Gen
2%.Dec
'b
Dec
6
105
-
Aug
•136%,Dcc
120% Feb
—
1957 AfN
Eiec 4)48
Buff Nlag Elec 3)4s
B.— —1981 F A
series-C—19b7 J D
Buffalo Rochester A Pgli Ry—
Stamped modified
-
Dee
yll l % Sept
12% Dec
5s...1945 Af N
A;.i_l947 A/N
5s——1960 J I)
Debenture gold
19% Dec
59%
cons g
1st lien A ref 6s series
12% May
>65Dec
Feb 13
9
13's M ir 0
234 Apr 28
41, Mar 16
8
Jan
8 ;
oi2 Feb 3
1H
Feb 2b
115 Apr
13
11)3- Mull .144
Jan
2
par
6%
9
<
Apr 28
Apr 29
6i
fiig Feb
.
! 8-
I
International
Jan
3234 Jan
par
par
par
par
par
Duplan
24
6
Apr 18
70
Dixie-Vortex
33
•
81* Apr 17
leigMar 7
v
5% pref with warrantS-100
Co
No par
103
'
Co.. .2
1st 4s..I955 F A
3)is—1966 Af N
5s..;...1950 F A
> Dec
Bklyn Un Gas
8%
16%
....1944 J D
Big Sandy 1st mtge 4s
Blaw Knox 1st mtge 3)48
Apr
h» Bept
Jan 27
,21
Apr-28
3314 Apr 21
18
<
9i2 Dec
117s F.'b JO
;7
Jan 23
G
Consol mtge 3josser
Feb
p 24,., jau 14
f
Consol mtge 3)is ser F
Consol mtge 3s scr
O't-Apr
L09i2 July
8'2;J»n
i
Apr24 i
26
Preferred...
203
4
7
17 l
Mar 16
102
Deere A
8%
*8%
8%
13% ? 15'2 16%
*75%
79%
79% ' 73%
a:)i2
82
*3
9
34% 34% *33
35%
19
-19
-19%
19%
-
Davton Pow
Decca Records
333
4,20)
*17
1)
33%
278 Apr
Corp..——5
.25
preferred
Chemical Co (The). 1
4,600
15%
15%
17%
18%
Conv 5%
Davison
4,039
2,499
15%
16%
13%'
Davega Stores
—...
*3'4
ISjj 'V, *l4 -.v.ISJJ
3%
33V,
>
5%
19
*25%
' *3%
203
3'S
17'2
9'2
9l2
103- *104
103
26
1
:
*14%
(Interest at
....1957 MN
3% to 1946) due
{Burlington Cedar Rap A Nor—
>
{♦Ist A coll 5s
—.i—1934 A O
•♦Certificates of deposit
■
..1952 A O
1955./ J
I960 A O
Bush Terminal 1st.4s..'
Consolidated 5s.
Bush Term Bldgs 5s gu
.111.% July
California-Oregon Power 4s...1966 A
19%
2%'"* 2%
•
111
111
'
27%
*13%
■
.
13%
23%
23%
11%
Airlines Inc
11%
141
Mar
28
176
23% Apr
27
170
Electric
18
$6
,23%
21
No par
preferred.....—No par
Storage Battery.—No par
29%
Elec
21
El Paso Natural
Corp
Service
—No
preferred.:.—No
$6 preferred...
No
Equitable Office Bldg—No
Engineers Public
$5 preferred.
$5){
% Jan
Exchange Buffet
29-
Jan
2
I
''f
;
1% Apr 17
Apr 28
66
Jan
47% Apr 25
ht Feb 21
5
Apr 15
83
3'8 Jan
3% Jan
32% Jan
•
5s
2
2
Jan 27
% Mar 31
5% Feb 24
Mar 24
•
{♦Cent New Engl 1st gu 4s
{♦Central of N J gen g 5s
503
Fairbanks Morse & Co.No p<tt
Fajardo Sug Co of Pr Rico..20
Federal Light A
133
400
200
For footnotes see page 1740,
Traction.:.15
preferred.-No par
Federal Mln A Smelt Co.:..2
Federal-Mogul Corp...:
5
$8
2 78 Apr28
20% Apr 17
6% Apr 23
75 Apr 30 :
.20
Apr 18"
8
Apr 15;
37% Jan 16
2)% Jan 23
8% Jan 6
93 Jan 31
24% Jan 16
10% Feb 10
J
D
J
J J
M S
1
Central Illinois Light 3)^8
400
J
1
w—.1950 M N
48
198J F A
i
i
'
Celanese Corp of America 3s.. 1955 F A
Celotex Corp deb
w w.-—1947 J
D
♦Cent Branch U P 1st g 4s.—.1948 J D
{Central of Georgia Ry—
♦1st mtge 5s.....—-.-Nov 1945 F A
{♦Consolgold 5s...—......1945 MN
♦Ref A gen 5)$s series!).
1959 A V
♦Ref A gen 5s series C....—1959 A O
♦Chatt Dlv pur money g 4s.. 1951 J D
♦Mobile Dlv 1st g 5s—.—1946 J
J
,
'*2% Mar 11*
26
1944 1
Cart A Adlr 1st gu gold
Jan 17
uu Jan 23
eiiulp trust ctfs..'
5s
Carriers A Gen Cot-p 5s w
5
% Jan 5
7% Jan 20
6% Mar 10
44
—1946 J
J
stk perpet—:. I J
..1916 M S
1954
....1960
{{♦Carolina Cent 1st guar 4s.. 1949
Carolina Cllnph A Ohio 4s.. ..1965
5
1'2 Jun 2
4% Apr 2 4
21% Feb 18
A
....1951 M S
Coll trust gold
.
1
Vie.i
Collateral trust 4J^s..
J*n30
73
4)^8:...—^^....1055 J D
Coll trust 4 H3.—.
t.
46% Apr30
J
0
A
Canadian Northern deb 6)$s-
111% April
>•
gold
gold 4
Can Pac Ry 4% deb
Mar 16
49
'40
•
Guar
Guar
32% Mar -3
2618 Feb 18
.'I
...100
Corp__$2.50
2
27
Apr23
•19% Apr24
39% Apr27
107% Feb 1«
1
Co.—50
Eureka Vacuum Cleaner
5
Evans Products Co—
—5
Ex-Cell-0 Corp..—
-3
15
16
15
{Erie RR common
No par
Ctt3 0f benef Int.—No par
5% pref series A
Guaranteed gold 4)^8--: —1956 F
13% Jan. 5
=•
% Jan 7
1% .Jan 8
35% Jau 23
32% Jun23
Apr28
2
12
17% Apr
par
par
par
par
Erie A Pitts RR
24% Mar 27
31% .Jan
'
6% preferred...——...100
-
Guaranteed gold 5s.--.;.—1970 F
»u Feb
3
50
Gas...
Eudicott Johnson
*37%
49
*193% 111%
6
Jan 21
13
$7 preferred
13%
Guaranteed gold 5s.;.-July 1969 J
Guaranteed gold 5s.....Oct 1969 A
7
Jan 13
10% Mar
Ind Am shares Power A Light. N) par
*15
Jan
O
A....;1962 A 0
..1957 J J
Canadian Nat gold 4J4s——
20% Jan
Elec A Mus
*17
Canada Sou cons gu 5s
27% Jan 3
3% Jan 13
2% Jan '2
108 • Apr 24
»,
Mills
Eastern Rolling
*139% 170
27%
16% Apr 17
...1
5
Eastman Kodak (N J).No par
6% cum preferred
100
Eaton Manufacturing Co—4
Edl3on Bros Stores Inc.
2
Electric Auto-Lite (The)—-.5
Electric Boat3
Eastern
19
J
1951 J
———.—1951 J
48 stamped
;
86 /-Apr30
Inc 7% pf-100
preferred———No-par
Cutler-Hammer Inc—No par
$S
i
3.
9'8 Jan
Cush man's Sons
J
1st 5s..—1943 J
—
6i
2578 Jan 12|
preferred..--—No par
Curtlss-Wright.—
<■-1
;
J
1959 J
to Jan 1 1947) due.....
•
2—y±~No par
Preferred
Bangor A Aroostook
Con ref 4s
1950 J
"'Toledo Cln Dlv ref 4s A
•7g AP7 41
181., Mar 271
30
Cuneo Press Inc..—
5
4)4% preferred.... —— 100
Curtis Pub Co .(The).—No par
3)
1,400
Sept I 1946) due.:.. 1996 M S
:Fcb 1 19b0 F A
to
♦Conv due.—i
preferred—-.100
5)4% conv
Cudahy Packing
(Int at 1 % ;
Ref A gen ser D
—
400
1
to Sept I 1916) due—2000 M 8
Ref A gen ser F (int at 1%
'
2,200, Cuban-American Sugar...100
.i
/
Preferred! ...1— ———100
-
*"
Octl 1946) due.—.July 1918 A O
'Ref A gen ser A (int at 1% to :
Deo 1 1946)'due_.1995 J
/)
Ref AgenserC (Int at 1 1-5%
to Dec 1 1946) due..... 1995 J
D:
>
$2.25oonv pref w
Crown Zellerbaoh
......
1918 A 0
v>
1st mtge g (Int at 4% to
;•
•
Crosley Corp (The)—No par
Crown Cork A Ssal——No par
r
> v !
>; :
July 1948 A O
rcglste|"fid
Stamped modified bonds—
100
Cream of Wheat Corp (The) .2
> 400
;
4s
-1
5% oonv pref—.
Crane Co
bhlo RRr*r
tntgegold 4s
1st
Crane Go
130
!•
Baltimore A
t. — ——100
Preferre i
32
Dec
16% June
6% Dec
May
90
.5s registered—
> ♦General 4s.
4s
—
1987
J
J
——
:.———..,—1987 J
J
registered—1987—
Central N Y Power 3)is......l962'A
19% Dec
8%
.1966 A Oi
1961 J
1987 J
Dec
For footnotes see page, 1741
O
;
v.,
v Range or
Sale
Highest
•
t ver share
*
Week's
Last
BONDS
;
v
Y. STOCK EXCHANGE
N.
PiYear (1941) vo
>•. -Week 'Ended May 1 *>\
Week
-
; ;
Range for Previous
On Basis of 103-Share Lots
YORK STOCK
EXCHANGE
Friday
-May I
Thursday
'.■<>> Range Since Jan. 1
-STOCKS
.
NEW
,
•.
Bid
dk
Range
-
Asked
Since
Jan. 1
Volume 155
Number 4069
-
v
RECORD
•
..
l
.
Range or
Ijtw
il*
«'• j"
fjorn i
High
High
*68
7554
6954
*8t reI 81 geld 48... 1949
Through Short L 1st gu 4».1954
Guaranteed g 5s
..19(50
7254
.
4954
78
9554
8054
8754
56
•
*77, -V 80
*104?4
10454
-----
*103
*87
•
101 %
101J4
_
Ref
& impt mtge 3>4s D....I996
Ref A impt M
3^s ser E...1996
Potts Creek Br 1st 4s.
194(5
R A A Div 1st con
10254
*15%
1989
*11254
.2154
4s registered....
General 4s
>
...
1st A ref 454 s series B.
*18
.3%
•n%>
,3>
34%
34%
34%
9%
6954
71,
7754
21
*11 ft
*77
80
;
3%.
i34
S *3ft
14% '{ 14%
W87ft
i20ft
14%
.
10
:
32 ft
*6%;
*40]2
**9
78
-
*8%
7
19
81
-8%
14ft
80
"30
20ft
*15%
16,
*86
89%
It5%
*86
534
10
i
*28
10
16
,
29
""*230
14.50 preforre:l..Ui-N-> par
Florence Stove Co. j
No par
137
107
Food
28%
'
*6%
*40%
27ft
*15 ft
47
'27ft
28
16ft
83.
'
J7
50
15,4
*15ft
: 85
•89%
*83
.
707
7ft
16
Sept i
45% Sept!
13
12%
Dec
90
Dec
39i2 Feb
lift Apr 6
96% Jan 15
31ft May
20
8ft Dec
Dec
Dec
21ft Feb
«
Apr 21
5ft Jan 13
36 #Mar 1-9
18%
105
42%
Nov
Jan
Jan
Jan
16ft July
17% De
F;b 10
M
tr
21
9ig Apr28
116
Jan 21
6% Apr 28
40
3
Mir
27
100
Jan
27% Sept;
97% Jan -
Feb
16%
127ftM irll
1
5% conv preferred
4%
1
Dec
98
10
Fruehauf Trailer Co
Highest
v
12
6
7% pf.100
10
3
16 ft Feb
9 ?
Feb
Jan
10
537
80%
8% Dee
41ft Jan
11
Feb 19
Apr 21
3ft
conv
Freeport Sulphur Co
Dec
Mar 27
39
Machinery Corp.....10
F'k'n SimonfcColnc
i'ioT
86
Jau 19
18
preferred...No par
FranciscoiSutar Co....No par
•47
2% Apr
14ft Dec
Jan
115
9
Foster-Wheeler.
1,201
29%
16ft
•
b Food Fair StO'e?
277
e.f.
10
11
Florshelm Shoe class k.Nd par
Follansboe Steel Corp.10
5% conv preferred....,.109
277
3ft
*23
4% Feb
87
(1941)
$ per share I per share
-18ft Jan
Mar 12
7ft Apr21
23ft Apr 29
8% Apr 23
113ft Jan 3
87% Apr 27
29ft Apr 30
9% Jan 2
90
Apr 11
Flintkote Co (The)J...Ni par
3*
♦Otj
7
*40%
29
l'5ft
*36
89%
1
7
47
27
16
*36
1,307,
"
'
88
1,107;
9u •>
10
ifr4 10%
*123
125
*122% 125
TO
125
•
+3
10
23%
2
77
1
6% preferred series A...100
First National Storbs-.N? par
107
21
*31
.
*->%
*28
28%
9%;
2<)
Ftlenes (Wm> Sons Co. No par
Firestone Tire A Rubbsr.1.10
607,
r
30
*18
i *0%
3%
34%
*9-%
!23%i 123% *120
6%
6%
7
*10% 45
*40%
-45-%
"
'•*>%
:
'
7
■»
■
$ per share
3ft Jan
Year
:
Lowest
lift Apr 28
Fidel Phen Fire Ins N Y.S2.50
30
.
10ft
11%
*18
*34
10
*40%-45
*28%r29%
45
'29%
'.
.
2,391
33 ft
'•
8%
*'4%
*3?ft
15
Range for Previous
Highest
$ per share
I
Federated Dept Stores.No par
4% % conv preferred....,100
Ferro Eaamel Cor-.1
500
'
28%
9%
"500
9
10ft
,*87 >..93% '*30 :'i 93%
!16%. 16% *i5%", 16%
8%
34
•
:
'r*9%
••
Par
Federal Motor Truck..No par
200'
80
*3
it
*18
Lowest
'
*77
111
T:2l
•
Shares1
12ft
i
8%'
31ft
*5ft
*14%
Range Since Jan. 1
On Basis of \00-Share Lots
EXCHANGE
3ft
*3ft
*Tlft
8%
31ft
,8%
10ft
*18
10%
10% 40%
*123% 126
*123% 127
91
1977
11%
STOCKS
NRW YORK STOCK
i
Week 1
y
S ner share
3ft
12ft
29%
30%
*8%M0
*10'
"7654' '7854
1st A ref 5s aeries A........ 1971
30
rter share
80
;
8%
,28%
9354
9254
^
'10ft
2D
9%
85'
1949
+
*77
I
3% '•>3%
'
11%
8
MVf t
•
8854
85
3%
93% >30V! 91 r*86'>'93%
161?. *15%- 16%
15ft
15ft
>
'
j
ihe
Prtdvr'
f
■''Apr. 3>.
$ per share
'
80
ft 8'
10% ' 11
2254
87
1958
V'-
*3%
H6
ref 3s.. 1949
Chic Burl A
Q—111 Div 3%*. 1949
3%s registered..
4. 1949
Illinois Division 4s......
1949
'
*18
iiw~
shnre
oe?
*77
34'4
•lis""'
2d consol gold 4s
Chicago A Alton RR
,
*80-.
48..... 1989
g
10%
10%
12854
102 54
127%
'
Sales
f
Thursday
"
'14%' 14%
*87% 87% >87'- >89
'
31^'- 3t7fi -: 30%
30%
80;
"321
^:S2 (
Chesapeake A OhloRy—
i General
gold 4 %s. _.{992
80'
14%
*6%
14%
14% •; H% (14%
*14 %
10254
103%
t
8%; -8%
30%
30%
5
30%- 30%
*6v
f deb
4%s (I935 lflsue>.i.l950
8 f deb 4iJi8jl93g i98Ue).— 1950
Weinesdar
Apr. 20
»; fd A pr. 28
share
ver
**77%
,*SV.; 8i2
''
.
8
,
f
f'TwMvt
v.WtTW* ?'.*3V'- »%
1234 >42%
12% h*W£r 11%
*12l4
6854
Central RR A Bank'g of Ga 5a. 1942
Certain-teed Prod 5%s A.i. 1948
Champion Paper A Fibre— i
/
f ■f',Apr,27
% ver share
.A *lh
3's
7754
68
69 H
6754
Apr. 25-
HIGH SALE PRtCtSS
for
■Saldrdft V3 Mtlndnf
Jan. 1
Asked
A
Bid
Railroad & Indus. Cos. (Co«.)
_
'iOlfrA^th
•Since.
sale
Price
1735
NEW YORK STOCK RECORD
Range
Friday's
iASt
>
Week Ended May I
•
1
Week's
Friday
N
BONDS ' U
N,\Y;! STOCK EXCHANGE ft
THE COMMERCIAL & FINANCIAL CHRONICLE
Apr 21
13% Apr 21
83% Apr 10
,
'
Nov:
Jan,
June
9
Dec
24
May
9'8 Dec
105
Feb
2ft
Mar 19
38 ft Jan
19
Jan
33ft
3ft Dec
21
11% Jin 31
32% Jan 5
12ft Jan 26
131% Feb 21
10% Feb 7
41
103
Feb
36
3
May
32% May
3
18
Dec
93%
94 % Jan 28
Dec
Chicago A Eastern 111 RR—
•Geo mtge inc (conv)
26
.1997
Chicago A Erie 1st gold 5a
Chicago Gt West 1st 4s ser
*Gen inc mtge 4 54s...
2654
1982
•12154
A .1988
6654
2038
t Chic Ind A Loulsv ref (5s..1947
38 54
39
3254
3254
3J54
.3154
2854
♦Refunding
5s series B.— .1947
g
♦Refunding
.
4s series C-....1947
6854
2854
*1%
A
gen
/v*
♦1st A gen 6s
series
ser
1966
854
I960
A
B..May
954
954
954
6754
6754
Chicago Ind A Sou 50-year 4s-_l956
*8%
4s series A-.-May
1
1989
g 3%s ser B.May
4%s series C.May
4%s scries E.May
1
4754
4454
4854
4554
4954
1989
48 54
53
4%s series F.May
1989
IChlo MIIw Ft Paul A Pac RR—
4854
4954
-
1
1
1
♦Mtge
1975
g 5s series A
♦Conv adj 5s
..Jan
{Chicago* A North
v ♦General g 3J4s
1
v
♦Stpd 4s n p Fed Inc
*Gen 4%s stpd Fed inc
...
•
*71
"32%
1987
♦Gen 5e stpd Fed inc tax.. 1987
*454sstamped
....1987
33}4
3354
2254
21
2154
2154
2154
40
•
24%
37
3-%
*104
*2ft
3
*2'4
2%
7ft
81
17
17
17
121% *120
1
*71%
*16%
:
121
22I2
22(2
25 :
25ft
23
36
$8 preferred........No par
106
8
607
General Bronze Corp.
2%
677
*84
63
*54%
67%
123'
123'
■124
1
123
*16%
18
32%
33
18
1%
18
123
27ft
7,907
277
*100% 110
*2
2ft|
*2
2%
1934
1952
' 261
*25%
•
*2
'
*11%
^32
26
':
|*24%' 28
14%
14'.j
14%
'
#15%
*8%
14 ft.
:Hf%
12
8i
*24%
*15%
15ft
9ft
66ft
!*55ft
14%
n%
,
'
911
67
ft#
14 ft
.
*35
"14%
.*64 %
*2
*2
2?
*60
62'
•
*23%
16
^.
'6%
;
-•....
*89%
108"
....
j
*105
Geo A ref 454s series B....1981
a
*131
♦
*10
75
82H
69%
7054
49
63'4
6m
24
8354
*105
.
-
102 H
Jan 20
3ft Jan
Dee
15
5
2'8 Dec
7ft Apr 1
10% Fab 20
6
Apr
8ft
Da.-
52% Jan 22
5% Jan 15
47ft
104
46ft Feb 16
2ft Dec
Jan 28
Dec
2
Oft Jan 1'4
90% Feb 4
Ma?
Dec
Dec
115
3ft Jan 15
20
Dec
3ft
Jan 20
3
June
39 ft
4ft Jan 16
119
Apr
101
5
Jan
Jam
4
6ft Dae
73 ft
Feb
"
16
DV
Jan 16
127
118
Dec
28ft Jan
5
24ft
Del¬
40% Jan
5
eft
Feb
Jan 20
112ft
14
Jan
Jan
38
J«n
v'-'•
28ft
121ft
Deo
3
27ft
3ft Jan
6
3
Dec
Sept
4% Apr 22
5ft Jas
ll
Jan 16
102% Apr
7
2
% Jan
3
5
105
No par
%# Jan
10% Apr 27
.1
•23
2%
*55%
....
4
10234
82
21
19%
21
38
85
88 54
"t#
1,83.0
6-ft
1,030
23ft
200
> 2%
.132
*50% i.531
>50%
53
25%
*25
10%
10
;*25ft
S 10ft
1
10%
'
10%
i. 2ft
25
10ft
10%
4
25%
•
10% :10ft
-io%
10%
10 % 10%
10%
*2%
2%
55%
.55%
54
!
:2'4
>2%.
'•2%
i'23%
23%
24%
*2% '
2%
(54
f
'
10%
2ft
2%
'"•493
2,9.73
10%
993
2%
303
60
&%% conv preferred.....10
Grumman Aircraft Corp.-.-l
Guantanamo Sugar....No par
8% preferred...100
2%
1,300
Gulf Mobile A Ohio RR No par
24%
603
23ft .24
2%
24%
22%
23%
15%
21%
Greyhound Corp (The)-.No par
793
*24
"
'
-!
Great Western Sugar..No par
22 ft Apr
fteferred.—
130
$5 preferred
Dec
52
100
25
28
Apr 21
1
Apr 2 I
Apr
10% Apr 25
Mar 31
10
2ft
48ft
2%
20%
•
No par
Apr 20
Apr2 1
Jan 2
Apr 17
Jan
1
Apr 22
Dec
Dec
lift Apr
54
Dec
10
Dec
Apr 22
59
Dec
3
1
June
6
23
June
Feb
2
9
1
-
10
I
2
80
Feb 13
5% Jan
Apr 25
Apr2/
Mar 31
Jan 2
Jan 2
10ft
2%
1 24%
4
Dec
2ft Jan
Jan
Jan
6
lift
57
Dec
Feb
14% Mar 25
Mar
1,503
*2%
35
4ft
Mar 17
67
ft Jan
Jan
5% preferred.....i-j...20
57
Dec
65
lft Jan
z58
Gr Nor Iron Ore Prop..No par
Great Northern pref...No par
2ft
Feb
11
71
6
103
$7 ...57
60
15
Jan
100
De
2ft May
31ft May
56
;
De,
De
Mar
5ft Jan 20
65ft Jan 27
10% Jau
60'« Jan
1,093
lift
*10ft
10%
Apr
De
48ft Jan
par
4 <8
Bay A West RR
Green (H L) Co
9ft
6ft
2ft Jan 29
M S'A P_.„._8
;
102
"i# Jan 30
div etf#.No pv
Green
4
Dec
13
Feb 24
Feb 11
par
4,400
30
De
;
Jan 10
Jan 16
16%Miy
23ft 23%
130% 131%
*50% 53
2-5ft 25ft
23ft
.
53
*10
2%
-
*23%
23
Jan
10
14
5
Jan
Jan
Granite City Steel.],....No par
Grant (W T) Co..—-......lb
■
1
*128
8ft
46ft
13
16ft
24
7
Feb
82
23ft
24
*!6ft
23ft
.
:
50
*23
f;'%V '
10%
•®
*2%
*8ft
.
5
10
79% Jan 19
Jan
Granby Consol
w
19% Jan
Ap;
Grand Union
500
Jan 26
2
Graham-Paige: Motors'.....
5,107
4%
6ft
4%
% Nov
16% Apr
44
ft Mar
Dec:
%# Jan 20
2
% Dec
Dee
3ft
6ft
7ft Jau 12
31
Jan 13
28
Dec
Dec
Dec
25
Feb
23
Mar
8
8% Jan 14
3
17% Apr 2
25-8 Feb 27
12ft Dee
18ft Dec
28% Jan 27
143
52
19ft
Jan 14
Apr
33% Jan
135
1
3
12ft
11%
14ft
3ft
42
29(8 May
9% May
10ft June
10ft Dec
Feb 4
Mar 4
Jan 6
Jan 29
71
lft
Jan 30
4
Jan
D
Mar
Jan 21
13
Feb
Jan
lft
Feb
9
29ft Jud 24
Feb
53
Columbia G A E deb 5s.May 1952
"u
!
4ft
10
:
Preferred.-...-.j,
~
%» Nov
X9
93% Jun&
V74
$5 conv preferred:...No par
Gotham Hose
I...No par
50
*o!s
•4%
8%
7 6%
•
25'.f
'
16ft
10%
63
...1
5% preferred,..^...No
Goodyear Tire A Rubb.No
600
2%
*4%
-.4%
6ft
5012
h'
4,600
7,400
74
*06
63
V.
1,007
14%
*73%
•2%
2%
> ft.
64ft
14
14ft
51
47g D«c
105ft May
3
•Colo A South 4%s series A.. 1980
25%
*55%
2'.f 52%
*23% 23%
'
53
io%
10%
61
'
'
74
16%
64%
64
j*56
15 ft
.-
-
10%
:
10%
>
64
>
Gobei (AdolU-—...
30
-
;12% Jan
37ft Jan
Goebel Brewing Com...
..1
Gold A Stock Telegraph Co 100
Goodrich Co (B F).....No par
873
2
31
Apr 2,8
Apr 30
4
$6 preferred--..L...No par
Glidden Co (The).:,...No par
'i#
8>'
Jan
3
;.No par
4%% conv preferred.....50
2ft
•
27
240(8 Mir
$5 conv preferred... .No par
.303
% Ma? 26
Mar 11
De
Feb 21
■
Corp .No par
6% preferred...I......100
1,033
105
13% Mar 30 i 20
1278
10ft Feb 11
16ft
) 13% Apr 21
3
110
103 '2 Jan
8ft
7% Jan 12
Telephone Corp.-.20
Eg Corp. .No par
Gimbel Brothers
12-8 Feb
Apr 23
11% Apr 28
8ft vl cy 1
65
Apr 28
Gen Time Instru
207
125
6
General Tire A Rubber Co. ..5
Gillette Safety Razor ..No par
3,477
35 ft Ma?
V,
•'
78% July
Dec
131% Fab 10
25
Gen Theatre
2,097
3
Jan
Shoe Corp___L.
-1
Gen Steel Cast $6 pref-1 No par
1,107
9
Jan
Jan
General
General
Jan
83
30
•1,277
103
102
126
1.
210
lft Jan 15
2
$6 pre! opt div series.No par
General Refractories. ..No par
437
116
10
Gen Realty A Utilities
'(i
.ft
}\
*50%
*25 '-i
10% '10%
' 2%
.17,
4 Ww
70 %
Colo-Fuel A Iron gens f 5s.. 1943
♦5s Income mtge
1970
5425%
*26
i-
10% '10%
'
63%
lots 14 He series C..1977
Coal River Ry 1st gu 4S....J.1945
133'
*50'sf
107^
*105
Cieve Short Line 1st gu 454s,-l961
Cieve Union Term gu 554».._1972
1st s f 6s series B guar
1973
21
Jan
"UOO
•'
40
2ft
16
j 13ft
i*71%
! *2 ft
22% 22ft ^22% 22%'
22ft
23
*13!
*131% 133
1.33
*131
133'
22% '22%
guae-j^iiii^
.1977
1% Apr
7ft Apr
3
Apr
Printing Ink.......l
597
*'fti
60
*56,
,
*22
"
Series D 3%h guar
lft Dec
3
Apr 20
lft Apr 15
.No par
v,
2 1
16
16 (2
101
600
,
4%
:
*23%- '24% ,*23%
V16% 16%
16't
"22i2 '2 2%
22%
22% .22%
*9954
2
Jan
30
Gen Public Service...
I02
Gen Railway Signal. ..Aro par
6% preferred...;
100
6% !*«:.. 6ft
"'6%
6ft
6ft
;
6%
23% f *23; %23ft *23
23ft
24lo
*23'%v24.5 *23% 24
1
%6% *16%
16 ft
16% I 16 ft
>
•22%
23% 23ft
22?# 23%
••
4%
<'*8%
22%' 22%
*74
15ft
••'-
4%
6%
4%•
*6%
*.
:
25
16
60
2ft
74%
74
2%
>71%
2%:
2%
60
,
6%r>6%
24
;*23
B...
2ft Feb
2ft Jan
11
122
:
No par
$6 preferred..
10
14%
*34
*113, ;
! 74.
80
'
C^ftft-I^
h
6%
^>6%
6
4s.
•; 74
2%
62
'
'
1314
*72
2;%
2%
*60
4% { 4%
6% '
13%
78
40
•
1*2...
'»8
15%
15%
6T» .64%
13%
I.3ft
*
64V 641
1^8
*72%'
1
1\
•
*74%
r-5
t*34
39
*'•%■
■
'i«
2
.
14ft
64%
133#
78.
M
1993
1993
Gen 4 54s! series A
*34
*74% ' 80
'15% -13%
«4% ,:64%
13%
13%
*72'
1943
Series B 3%s guar.
Series C 3Hs
*"33
2
80
-
14%
Cleveland A Pittsburgh RR—
j
80
39
,
Cleveland Elec Ilium 3s__.._
Get 454« series
*74%'
'*34
ft#
Ref A impt 454# series.E-. 1977
Cin Wab A M Div 1st 4s...1991
g
40
2%
*74
Cin Chic A St Louis Ry—
> St. L DiV 1st coll tr
*35
40
.'*2-
1st gu 354« D..197I
^
;/'•<>-'s■. ',;i ■
''[.
General
303
-<■
1st mtge gu 3%sser E—..-.1969
General 5# series B
Com mon.i
•
.1967
General g 4s.........
TOO
'
Cin Leb A Nor 1st con gu 4s. 1942
Cieve
6 lft Apr
122
Apr
i
$5 preferred........No par
493
Ma? 25
61
No par
Gen Outdoor Adv A
277
12
14%
*11%
*12 ft
12
*27% App2i{
111% Apr 29
i
ft Mar 25
General Motors Corp... ...10
38,60-7
1,077
23
16
1
5% prefeired.-.._i
107
8%
8ft
68
* 65%
14
*I2ft
*12%- 14
*12ft
1.3%
1'3% I* 12ft
*i2ft
13%
13%
*r08% 111% *103% 111% *108% in% *103% 111% *109% 111
*108i> HI
8
*3
8%
8
8
8" v
8% ; *8',t
8%'
8%
8%
8%
3%
3% vi 3% '3ft % 3%
3 ft
3 ft
3ft
-3%
3ft
3%
3ft
*44% 47:
44 to
*44%
46
44% *44
*44% 47
47]
45ft 45ft
i 4%'
*4% ' .'41
4% :r' 4
7' 4%.
4ft
4%
4ft
4ft
j
4ft '...4
>47'':.' 54
*45
51
*48%
52
51%
*45%
51ft ! 51 •
51% 52
13
12% 12 ft
42%
12%
n%
l'2ft f 12ft 12ft *I2ft
18%
f 13
5s. 1952
__
'
2ft;
•lift 12
*103% 110
»
lr5
*3
66
:1!%
r
14%
9%
65%
*>%
65 ;
lift
#103% 110
^
*24%
1411 "14%
•
15
*14%
•*11% ;]2
12
'
"
14^
*9%
66;
1*11%
11%
*103% 110
26
*24%
63%
>14% h4%
Cincinnati Gas A Eleo 3%»-.1966
Cin Un Term
General Mills..
4.
%
,
IV
6
B:t2
25%
14ft
"
'9%
9%
65%
4s. 1952
Clearfield A Mali 1st gu 5s..
47
4 ft
*4ft
*4ft
4ft
#107
197
100% *107
103
*3„
-
-
-
*
•%4%%4%
1960
mtge 354s:.
(21% Apr23
Gen Gas A Electric A ..No par
$6 conv pref series A .No par
300
4ftf'
'
4ft
107
*100% 110
i* %
1st A ref M 4 %» series D..1962
Cliilds Co deb 5s
1943
let
2% Apr 16
Oft Apr 15
Apr 15
13ft Apr 2 5
12,)
Apr 29
81
General Foods Corp...No par
$4.50 preferred
No par
4,207
,
.
con
2
Apr 23
Feb 10
3
r
5
7% preferred......
100
General Electric CoNo par
130
:
25
|
•
{♦Choctaw Ok A Gulf
307
24,9(07
2%
.
*24
E
con
""
.
123
*17%
-'2%
*2
124(2
123
18
*■
*100% llOi
i
1963
1st mtge 354» series P..;.—1963
Indiana
307
7ft
23ft
•24
691
,
Cbicag». Union Station—;
West
3ft Jan
General Cable Corp. ..No par
Class A....
No par
7% cum preferred...... 103
General Cigar Inc.....No par
•
Cblc A
Apr 17
Gen Amer Transportation.-.5
General Baking
5
107
v
Memphis-Dlv 1st g 4s
1951
Chic T H A So'eastern 1st 5s.I960
mtge 3%a series
Mar 11
1,277
111% 111% #111% 113% *111% 113%
»l# I
15ie
ft
1 I
1
I ft
7710
*71
*71
77%' 74
75
65
65
64ft ]65
filft
65
124 ft
*122
124
124ft
123ft 124
32ft 33%
■m 33%
32ft 32ft
123
123
123% 123% 124
121
18
!»16
!8 L *16% >8
17%
24ft
111% 111%
4 ft
"*4i2.'-;'. '4* ;,■> • 4W
4%
4ft
+105% 109% *105% 109
*105%" 108
.!.<
■'.•*%*
% V£ *%«
*?I6
%
10%
10?2 *10%
*10% 11%
11%
Chicago St LA New Orleans 53.1951
Gold
...1951
1st
3ft Apr 2 5
1,077
83
123
23
Feb 13
98
...No par
!07
*2"8:
*2ft
*6ft
:
Si2 Apr '7
51
312
3%
107
$3 preferred
6ft Apr 2 J
!
37%
37
3ft
*105
100
22ft
I-24V,
24%
t
771
254
1988
1
2ftMsrl7
Gen Amer Investors...No
par
*7
21%
*?8
*71
123'
1988
5s....Dec
107
8»
>71
126
1;
73'-
TCoa* g 4% 8..... -.1960
guar
TO
51%
7
*16%
lft Jan 6
lft Apr 18
8ft Apr 4
17 M*y
1
i
51%
3
••7
17
Gar Wood Industries Inc.-
1,930
•3 ft
8ft
3ft,
101%! *36
131%
*6ft
.52
.
*3%
*74'v, +80
80
177
17%
2ft
Oft
2ft
2%
:
2%
:7h
•
*16%
*111% 113
h
*16%
4s registered
1988
♦Certiflcateak of deposit...^..
Income
*7.1
>
*71
:
{{♦Chicago Railways 1st 5« stpd
Aug 1940 25% part pd..l927
{♦Secured 4 54a series A.
*7'•
•
17
124% *124' 124%
32ft; 33%
32%
33
2154
{♦Refunding gold 4s..
i
*124
♦1st & ref g 5s;
May 1 2037
♦1st A ref 4 54s stpd May 1 2037
♦1st A ref 4%r C..May 1 2037
*Conv 4%s series A...
194!)
4s ctfs registered...
*7
2%
;
*63
3954
.
3
78
%
!34
2..
3
*72
.1936
.
7
2%
*71 '*
21'-
*111% 113
3254
3354
3354
t
•3
101
5% preferred
..10
Gaylord Container Corp..—5
5%% conv preferred
50
37
V
3%
107
17
777
*9
Oft
10
*96
36ft
3%
107
Gabrfei Co (The) oriA..No par
Gair Co Inc (Robert)....-.. 1
6% preferred
20
GamewellCo (The)
No par
2ft
*lft > 1ft
*0% 10
1
3354
tax
3%
'
-106
i
*lft
.18%
2ft
*9
*51
*3Vt
36%
•
3%
106
.
*0ft
t
m
;36'
36%
,
*121% 124
*121%' 123
'21% 22% .'21% 21%
22%
v
6%
JO
*96 •101%
*16%.
,24%
3254
3354
"3254
K
1987
•
*3%
*51
■
2ft
3
-
*3%
3 ft
*96
101%
2%
"•
:
16%
'
2?#.,
*6%
'.52!
.'
2ft
'Jft
1%
+
18
*17% -18
10
3%
*,3
.
80-
21?#
*51
-
101%
36%
<
3u
:2%
*12! 12 124'
3254
32.
K
tax. 1987
{♦Chic R I A Pac Ry gen 48.
I?
*7
254
Western Ry—
j ♦Secured 6 HS-V-
?
;> *3
16%
.......1987
3%s registered..........1987
♦General 4s.
1987
4s registered.........
103%
2ft
1ft
10
3%
f 3%
3%
107«2 103
31 •>
r
1654
-J554
254
2000
'
3I0
,T8%
2ft
i: 6 %
;{ *lft
■:*lft
;
*3%
2%
1ft
'*>%
*6%
r*8%
52
*3%:
*96
36% '36%
*108
;
8%
4854
1989
1989
-•
*1%
1%
•DTi
2%
6%
*51
52
3%'
3%
*96
101%
2%
r-
1%
9%->9%
m
18:
-•
>
*51
|Ch Icago Milwaukee A 8t Paul—
♦Gen
♦Gen
♦Gen
♦Gen
♦Gen
2\
*6%
*1%
1%
10
*
.
♦1st
: 1%
2
10
*9%
18%. •*17%
2%
2% '.
6%
*6%
10
8%
*9%'
*1.712.
!
>*!%"• 2%
2%
*\h
•
51
Debenture
5s....s.Apr
15
Debenture 5s._..;
Columbus A H
1952
>
1961
'
85
».
3%s 1970
1075^
106?^
24
2454
1st mtge 3 54s series!...
1968
Conv debs 3%S—5-^4^-1958
Rlv
110
*22
l-
"m
-.22 ;;
....
32
:
(
*21
•
f 9>
~:'*8ftJ' >§ft-
:•
*98% 100
*98 %100'
!
10654 .10654
*6%
.
1st 4s..1943
*10054
-
Ry A L 1st A ref 4%s.l951
«
6"s
*t'4,
11%
*8ft
#8ft
*98% 100
*98 >100
'•98
■i
1
9%
,
98%
110
....
!
10854 109 54
10954 H054
.
-
3 54s debentures
;
•
27
10254 104
21
10154 106 54
21
103
16
10554 108. j'
103%
26
103
34%
33%
11
2354
•
*77%" 81
*4%
4%
-
26
3454
2354
80
3454
105%
Consol Oil
conv deb 3%8....».1951
non-conv deb 4s 1954
♦Debenture 4s
.1955
♦Debenture 4s.
..I960
Consolidation Coals f 5s......I960
10354
33%
354a debentures.....:
1956
354# debentures.1958
105%
103%
1948
103%
3354
{♦Contjtol Ry
3354
....
33-54
:.8634-
104J4
10& ;
I
■
*6%
67rf
*6%
6ft
1 *6%
tft
1%
1%
1%
i
:6ft
*6%
2
33%
,.
8654
|. W
'
10554
80
*78%
51%
'
51%
51
+
'
51ft
80
*78%'
;r51v'-.' 51
*127% 128i2 *127%*128
1
*31% '35%
31%-' 31'
*81
]*78%
'
85
*81'
*31%'. 34%
85
*81
L
♦lft
1%
80-
83
85
j
."19 "
19
'18%
q
1st mtge
.,
354s
__
:..1965
1st mtge 354s...
'
1970
mtge 354s..
lst mtge
1st mtge
3%#_.
1966
—1
1969
3%s„
Crane Co 254s s f debs....!...1950
Crucible Steel 3%b s f debs.. 1955
^
»>.
1
,
:
10654
107%
~
10754
10754
j.
*995^
94%
10854 109 54
>b
4
106
10754
10754 10954
9954 IOI54
\
-?
92
5
94
.
V'
For footnotes see page 1741.
)
6% preferred...L,100
9
95
98
#42
6% preferred.....
Hat Corp of Amer class A...1
644% preferred.*.*^...J00
Hayes Industries Inc
1
%
VS- 1.
■*5ft
*3t'
> 24t.t
32%
<
*5 ft
■
:
8% " §1^
3184- 32
•- 99%
*99;
y31
?.*2%
30%
#113
551
55
1,509
Hercules Powder..:...No par
! 51-
-'.,.143
6% cum preferred......100
Hershey Chocolate....No par
125
32%
*30%
31
8%
8%
99 *. "• 90
'
*30%
..*31%
;*I4..
109
34
*81
85
.
••
*12%
*11
t
*6
Hires Co (C E)
■*30%
2%
3!%|
8% ?"8%
31%
98ft
31%
v
#113
25% ;! .■ 25.
23% Dec
*31
32%
8ft 1 *8ft
'8ft:
30% 3D 8 j 30%
.
'
98ft
I
99
2% f 2% v: 2%
30 !
*30%
30
•••
For footnotes see page 1740.
(
99
32%
9
2%
;
30%
■
•
2ft 1;
30%'
The..
Holland Furnace (pel)
Hollander <fc Sons (A)'.
603
Class B............No par
Household Finance....No par
2%
1,700
30%
303
,
,
8% Jan
2
39% Apr 29
Howe Sound Co..
33
51 i
6
27
3
96
6
lft
57
Feb 11
Feb 28
12ft Feb 24
May
1
2% Apr 24
Apr 2 8
72
June
5
19
158
Dec
76
Jau 19
6 >8 Feb
Dec
50ft
150
10%
65ft
H23ft
33 ft
Dec
Dec
Apr
12ft Dec
13ft Dec
Jan
5% preferred..........100
HoustoaOH of Texa# ▼ t c..25n
1?8 Jan
9J »2
12ft
Holly Sugar Corp,L...N|» par '] 14
Apr
7% preferred...
100 111% Feb
2,300
703
2%
7ft Apr21
9
27
*29ft
Jan
Dec
Dec
5
12% Mar 11
Mar 21
._1 'i 11
10 ! 14% Jan 2
.-.-5 i
6
Jan 6
!
•■-.,
3ft
92
Dec
Houdaille-Hershey ci A.No par
878
2
Jan 21
99ft June
230
96
4ft Feb
87
Dec
12% Dec
140
5
22%Mar'21.
30%
100
Jan 10
12
*
87g
146
102 ft Jan
79
Homes take Mining. ....12.50
96
Jan 17
16ft Jan 19
5
39% Mar
;
400
30%
7
Feb
8 ft; Dec
8ft Dec
102
Dec
Mar 13
i
2,803
97%,
106ft Feb
101
33
7
14%
32%j
6
2
9
25%
#31
6
Jan
Feb
25%
30%
> 97%.
.2%
31%
;
5
129% Apr
40ft Jan
Apr 27
6%
*1135
25%
14U2 Apr
10% Apr 28
Hinde <fc Dauch Paper C0...IO
i
1,400
2-90
21
21
'
#14
14%
I
13%
19 ft
...........100
$4 conv preferred....No par
'J 13%
19ft
6%
*5-ft
14%
;
24ft
-ftfft' 31%
Hh
30%
:
61
4 >8 Apr
45
Apr
#125ft 13*2
19%
:
I
Hercules Motors......No par
'
*14
V
v
% 24% •24%
'
'-
1*19
lft M ay I
79% Apr 21
25
Hecker Products Corp
I
Helme (G W)...^..25
Preferred
7
29
6ft Apr 21
2
609
-
:*113
-"24ft
'
•
19
i
Jan
Jan
10% Jan
10 ft Feb
I
11
13%
13% >11..;'
103
3,9O0f
%'
Hayes Mfg Corp..i
Hazel-AtlaC-Glass Co
'*""60
13%
*12%
13%
*11
'*5ft'
6%
14'" >T4 :'•'"14
>'6%
85
2
Mar 11
3%Mar
i 83
*10%.
34
*81..
3,100
(
147
147
53%
j*3!v.
*12%
\
18ft
*113.
24% '; 24%
85
4ft
50
Jan
Apr 27
12% Apr 21
.100 2126
Apr 2
83
4ft
*128% 132
34
*81
"
6
*14; ='•* 14% ft' 1.4 *
'
*113 H
10854U054
100%
94%
;
107
3
109%
110%
in
108%
I095i
107
107
-_--.....
108 ft
8
10754
10954
10754
1967
1st
132
*31
18%
,
53ft
53ft
'*128%
1^1.
18%
Consumers Power Co—
/
*52
128 ^ 128
'
*12% 1
*1212-' 131; i *12% 13%
*10%
13!% >16% 13% *11 •'• 113%
90
Feb II
33
Harbison-Walk Refrae.No par
678
1%
i%
.
106
23
April
Mar 16
8 ft
Hanna (M A) Co $5 pf.No par
103
.
6%
1
98
*98
4%
4ft
4 ft
4 ft
4%
4%
4ft
4ft
*42
45% '"*42n 45% <*42
'4"5r
#42...52
"44ft *42
145' 145% *145
*143% 154'
154
*145
154
*145
154
+
*11 •11%
i 10%'
*ir:: rift
11
II
*40% 11
-*10%
3154
10
102-5*
104 % :io4%
lQ4Ji
Apl37
29
i
Hamilton Watch Co.—No par
9%
9%
.
.
:
354s debentures.....-..-^.^.1946
21
'..25
7% preferred class A.....25
Hall Pointing- C0..L....-—EO
32
.
*95
*98..103.
98'
.
Consol Edison of New York—
Hackensack Water.
'21
*8%
#87®
.
Oft
98%
*8ft
rift- 1;%
*79
.'80*'
*6'.i
;
*109
*10954
21
#30
32
j *8%
'9i2
9 ft
s
*105
Stamped guar 45^s.
....1951
Coun Rtv Pow 8 £ 3
s A.. 1961
2t
>30
.30
#8%
f'12% *12ft
12% :12ft ].£«• .13
13ft
13ft
*125% 130
*m.. 130
*126
130
*125% 130
!
#3t» F-4
3%. 3%
*3ft
4
UWiyzH
*82. ? >8
>85
*82
88
88
#85.
88;
•
-
•30
9%
9ft
-
*98% 100
12ft'. 12ft
1295^ *124 V140
5 *3%; : 4
>*3%>v.4i
*8f. -88
*82 % 88
32'
I 2t
22*
*21 >
32
*8V
*124
24
22%
32
*8%
127#
'12?#
311
22
32
'
*8% * 9;
Big;-' ' 9%
*98% 100%
*98 + 1001
3
110
32(
•
10754
:2m1
':24
*29
75
83 %
*110
Edison Co—
Conn A Pasump
13
86%
*108
Columbus A Tol 1st ext 4s..1955
♦Commercial Mackay Corp— '
Income deb w w—..Apr I 1969
Conn
-
80
83%
V lstext g 4s. 1948
Columbus A Sou Ohio El
Commonwealth
81%
4.\
13 ft Jan
13ft. Jan
19ft via/
1
6ft Feb 16
18 ft Jan 30
Feb 20
115
38% Feb
34
Dec
May
Dec
Deck
Feb
16% Sept
18ft Aug
30% Jau
9% July
16ft Aug"
il07i2 Apr
30ft Dec
115
Dec
39
Jan 29
10ft Jan '29
24
7%
44
Jan 20
36
105
Jan 26
100
3% Jan 14 ,
34ft Feb 3|1
Dec
Dae
Aug t
2ft, Deck
26ft
Aprl
52%
13*4
64
111
6
37%
Oot
Jan
1736
•
THE COMMERCIAL & FINANCIAL CHRONICLE
-
" Monday, May 4, 1942
'
BOND RECORD
NEW YORK
NEW YORK STOCK RECORD
'
STOCKS
-v'Range Since Jan. 1
,
On Basis
NEW YORK STOCK
Saturday
Monday
Apr. 25
Apr. 27
Tuesday
Wednesday |
Apr. 28Apr. 29
Thursday
r. Apr. 30
EXCHANGE
Friday
Range for Previous
•
'■
of 100-Share Lots
Lowest
May 1
Lowest
Highest
Par
■
Shares
.?;•
200
j
Highest
..
per
2
>u
Jan 12
21
> 358
Dec
4% Apr
2
25*
Dec
4%
%
Nov
4*
<
Jan
21% Sept
1534 May
M
♦Dep<sit receipts
'6s series
,
.
.6% preferred series A..il00
Leased lines 4%..
100
RR Sec ctfs series A... 1000
,8
2
42
32% Jan
Indianapolis PAL Co .No par
2% Jan 2
10% Apr 21
10
6
Indian Refining
6% Jan
Ingersoll-Rand
6% preferred
No par
.100
Inland Steel Co
74
No par
Jan
157
Apr24
100
103
Apr
5% Apr
6
Int
Int
6%
6%
7
Int Mercantile
43*
4%
43*
Internat Min A Chem
♦39io
;
178
41
*42
1"8
*1%
25
25
24%
*51%
; *i78
*45
1134
Canada..No par
Preferred
.--100
Intenational Paper Co
15
5% conv preferred
100
Inter Rys of Cent Am._No par
Int Nickel of
12
52%
*134
2%
46
>37
1
Internat'l
2%
25
52%
52
2%
100
4% preferred
Mining Corp
45
*129% 131
*128% 131
*11%
11%
..5
*95
99
2%
7% preferred.... J —.100
Intern'l Telep A Teleg.No par
Foreign share ctfs
No par
778
Interstate Dept
*2%
;
2%
*7-%
*88%
*784
*25%
*125
International Shoe
2%
96
130
2
No par
1
1
66 preferred
Dec
107
July
Feb
6
■
Dec
8
11%
May
167%
140
5
12% Jan
5
Apr
4
9
9
41
57
19%
*19
193s
92
*83
91
2
64%
*8
55%
04%
8«4
54%
63%
*8
19
100
95
Apr 28
Apr 4-
50%
Apr25(
4H% preferred
No par
100
Johns Manville
51%
52
5134
52%
*124% 125% *124% 125%
19
19%
19%
19%
55%
No par
Jewel Tea Co lnc
Preferred
122
Jan
Dec'
%
2%
Jan
...6.'! -APf ..1.3.^ -1!0!;
Jan 31
"V-
Dec
July-
31% Sept
23
Dec
Mar
4
125
May
131
Jan
5
107*
Feb
20
Sept
5
51% Dec
1% Apr
32% May
38% Feb
2% Jan 26
4634 Jan 30
48% Feb 13
32
Feb
39
Jan 26
5
95
Apr 13
2 ®4 Mar 25
278 Mar 27
Jan
Dec
Sept
14
98
Feb
Sept
9% Aug
26% Dec
6
Feb
Feb
7
124
Jan 20
54*4
63%
8%
8
5% Dec
Mar 2
23
5434May 1
63% May A
8
Apr 28
62% Mar
2434 Jan
64
Jan
14
44
317s Dec
107% Dec
4978 Dec
5
5
4
/ J
M 8
A O
......
...T,»
110}$
M S
j D
4S....1995 / D
— —1995 /
1)
Detroit Term & Tunnel 4 }$s.— 1961 M N
Dow Chemical deb 2^8--- -.--1950 M S
Dul Mjss A Ir Range Ry 3}$s.. 1962 A O
tJ'Dul Sou Shore AAtlg 5s... 1937 / J
DuquesneLightlstM3}$s
1965 / j
?'•
I04H
......
87
J08<%
59
Oct
67
64%
8%
4
Dec
14
......
......
08}$
/
/
/
At
J
......
J
J
N
......
92
48
1971 M S
*
^
i;
....
-
,
Fairbanks Morse deb 48......1956 / D
Firestone Tire A Rub 3« deb—1961 At N
{'FlorldaCent A Pennin g
1943/ J
{FloridaEast Coast 1st 4}$s... 1959 / D
'1st & ref 5s series A
.—1974 M S
♦Certificates of deposit
86% July
Dec
......
—...
17
128
Feb
27% July
Dec
A O
MJV
J /
j /)
M 8
4 0
4 0
-
3}$s
Ohio Div 1st mtge
Jan
Jan
1634
'
- >
.
111% Dec
7178 Sept
Nov
122
3
6
7978 Jan 3
11
Jan 20
3J$
Erie Railroad Co—
1st cons M 4Ms series A....1957
1st cons M 4s series B.....-1995
♦Gen mtge lnc 4 }$8 series A.2015
♦N Y A Erie RRext 1st4s... 1947
'
33% jan
107% Jan
18}$
......
.
3%
19
>
134% Aug
Mar
57}$
101%
-----..
'Assented (sub) to plan).... F A
A O
3334 Aug
2
„
East Ry Minn Nor Dlv 1st 48.. 1948
East Tenn Va A Ga Dlv 1st5s. 1956
Ed EI 111 (N Y) 1st cons g 5s...1995
Elec Auto-Lite 2Ms debs
19.j°
Elgin Jollet A KnRtlty 3}$s
1970
ElPasoAS W lst5s
1965
Ssstamped..
..—.-1965
Oct
33s Sept
3% Sept
Dec
j 1)
A/N
J J
y «J
/ j
/ j
/ J
V
5%
87
2
Jan
104
Jan
1%
1%
Jan 12
Feb
7378 June
25* Sept
48% Oct
49
Oct
25%IFeb 49* 0*t
96
....
.
1055$
J J
Detroit & Mac 1st lien g
'Second gold 4s. — .
__
"134
4
2S34 Feb
9, 125% Apr 4
Jan
18% Apr
Steel.No par
5% pref series A
100
5% pref series B conv.-lOO
Joy Mfg Co
1
Jones A Laughlln
92
■
.
*Ret A impt 5s Her B..Apr 1978
J'Des M & Ft Dodge 4b ctfs—1935
t'DesPlainsVal 1stgu4}$s...1947
Detroit Edison 4s serF......-1965
Gen A ref mtge 3 J^s serG... 1966
; Gen Aref3sserH- —------1970
Jan
July
170
Apr 29
3
Dec
June
42%
150
1534 Jan
5% Jab 2
1
Jar vis (W B) Co
19%
......
{'Denv A RG Wgen5s—Aug 19o5 F A
Jani
.."-v/:
*84
:
„
Decii
60% Jan
29
30
13
2
Jan
Feb
Jan
7% Sept
27
Sept
113% Jan
3%
9
Jan 14
7% Mar 28
9%
95
88% Apr 17
9
784 Apr 29
2134 Apr29,
32%
127
Apr 18 132
Stores.No par
....100
Intertype Corp
Island Creek Coal
8%
26%
Apr
1% Jan
Preferred......
99
19
130
26% Apr
30% Apr
International Silver
13%
Feb
34 Jan 19
No par
32
Dec
*
^opar
..50
41%
28%
*30
Jan
Dec
8%
52
13j Mar 25
41% Feb 16
39
Mai-14
*27%
Jan
6
151% Jan
12634 Jan 3
1078 Apr 14
51
Apr 14
100
5% preferred
International Salt
Jan!
Sept
63
8-
6% Apr 17
3% Apr 15
38
Apr 10
178 Apr 25
24% Apr 29
Marine.No par
63t
*4%
111%
154
160% Feb 18
% Jan
Hydro-Elec Sys class A.25
Juiyi
4
Apr24
Apr 17
40
150
Harvester."..No
9% July
161
90%
10% Jan
10978Marl6
par
Preferred.. ............100
Internat'l
*J
2»<b
8
23% Jan 27
111% Feb 3
29
20
Apr
28}$
D
'W""
Dayton P A L 1st mtge 3s..-.1970
Dayton Union Ry 3!isserB... 1965
Del A Hudson 1st A ref 4s
1943
Del Power & Light 1st 4^s..—1971
1st A ref 4}$s...
1st mortgage 4^8..--1969
{§ 'Uen A R G 1st cons g 4s
1936
j'Consol gold 4}$s
.....1936
Jbn
.
12% Jan 14
6% Feb 5
7
No par
No par
Business Machines.No par
6% preferred
21%'
85% Dee
Feb 25
74% Feb
9% Apr29
5% Apr 21
1934 Feb 18
Interlake Iron...
1940 J
deb...1955 A O
H
20s4 May
Jan 12
54
Curtis Publishing Co 3s
to
31
31}$
....
'Deposit receipts
.
10% Aug
24
Aug
45*8 May!
Feb
5
7
100
Feb 18
Intercont'l Rubber
/
'
934 Feb
1
May
•<
13% Deo
4
27
155
Inspiration Cons Copper...20
Insuranshares Ctfs lnc
1
Interchemical Corp
No par
Mar 25
,
3% Jan 28
16% Feb
Apr 24
21
Industrial Ray on.... ..No par
4% Dec
11% Dec
31
Dec
Jan V
1834 Jan 27
_
—.......
extended
B
;
i
,
?
5% Jan 2
1384 Apr 20
100
Illinois Central RR Co
29
'Deposit receipts
Cuba RR 1st 5s ff
1952 J J
'Deposit receipts..
*7}$s series A extended to 1946 J D
Jan
1% Apr 13
.1
6
Aug
Sept
v
97}$
11
Glover RR—
|' 2-4s (Proof of claim)
.1982 MTV
31$
'Certificates of deposit
Food Machinery Corp 3s debs. 1956 J D 101%
Francisco Sugar coll trust 6s._.1956 MAT......
{Fonda Johns A
6%.
*118%
♦ssg;
*17%
6%
*87
*7%
*93
*10%
*6%
6%
6%
6%
....
*118%
....
3%
18
6%
90
■1
3%
*87
i Kan City P A L pf
Kansas City
3%
17%
6% > *6%
6%
^3%
5
ser B No par
Southern.No par
Mar
2»4 Jan
Dept Stores..... 1
6
Apr
2
17
\
16% Jan
100
4% preferred
Kaufmann
10
17
2
Feb
117
Kalamazoo Stove A Furn...l0
6%
....
*3%
017%
>17%; 19
*6%
6%
*118%
7%
120%
434
22
Mar 31
Mar 3
2
Jan 27
87
May
7
Jaii
7
99
Apr
28
99
Kelsey Hayes Wh'l conv cl A.l
11%
6%
10% Apr
21
1
Ah Jan
9
12% Mar 16
7% Apr 7
Class B
101% Mar 5
27% Apr 29
Kendall Co S5 pt pf A.-No par
Kennecott
Copper..—No par
9
Apr 20
jan 5
Keystone Steel A W Co .No par
II84 Apr
No par
Kinney (G R) Co
--1
$5 prior preferred...No par
Kresge (S S) Co
10
Kresge Dept Stores
—-.1
Kress (S H) A Co
No par
25%
Kimberly-Clark
134
33
17
3
9
31
Apr 30
Jan
Mar
19% Apf.9
22% Apr 29
Kroger Grocery A Bak.No par
Jan 27
104%
9
Apr
9J4
Dec
4%
Dec
18
8%
Jan
Jan
95
.
14%
-'38
3%
40%
Great Northern 4Ksser
jan
•"
■^■■^■
7%Apr29
24
11% Jan 2
\
21% Apr
......100
No par
No par
5% preferred
Lambert Co (The)
Lane Bryant-
15
14
106% Mar30
2% Apr 25
18% Apt
Lehigh Portland Cement...25
4% conv preferred
100
{Lehigh Valley RR...—...50
Lehigh Valley Coal...-No par
6% conv preferred
50
Lehman Corp (The)
J7
8% Mar
15% Apr
f
Lee Rubber A Tire.—
5%
17%
i734Mar21
10% Dec
11% Feb 17
Gen mtge
-
13
Aug
Feb
Feb
July
Oct
Jan
Aug
July
Dec
Dec
187# Dee
■19% Dec
27% Sept
45% Jan
7% Jan
39
Jan
96% Jan
98
Jan
2%
213s Jan
i3
Mlir
9
20% Jan 14
5
23% Jan 29
11%
18
No par
20% Jan,
Libbey Owens Fcrd Gl.No par
7
4
Mar
5
Llbby McNeill A Llbby
Life Savers Corp
20
Mar
12
13
IJly Tulip Cup Corp...No par
50% Apr 18
50% Apr 29
164% Apr 16
16% Apr 14
Lima Locomotive Wks.No par
j
Liggett A Myers Tobacco. .25
Series B
25
Preferred..
.100
i
Link Belt Co
No par
Lion Oil Refining Co...No par
Liquid Carbonic Corp..No par
Lockheed Aircraft Corp
1
"Jan
3
27% Apr 30
:
2
1
!: 16% Apr 28
Co...
7% preferred
Dec
64% Dec
64% Nov
175
19
.
jan
Feb
5
32% Feb <4
34
29
149
Apr29
278Mar 27
v
25
i 15
10
100
128
Mar
13
9
6334 Apr 29
11% Apr
Louisville Gas A El A.-No par
Louisville A Nashville....100
-
Jan
21
June
x20®4 Dec
30
Jan
37%
......
1957 F A
46}$
..Febl957 A O
155$
1st 5s A
'Ad) income 6s
1338 July
9% Dec
Apr
16%
Apr
39% Oct
45% July
19%
28
35
'
4
31% Sept
May
13'
Apr
■
178
Dec
.1334 Jan
Jan
-
3% Dec
,19 -Sept
19% Jan
162
Jan
Dec
Dec
15
Dec
22
Feb
>
Sept
»
'/
■
'
Extended 1st gold 3 }$s
-
•
Refunding4s_i
I
Purchased lines
6% preferred..
15% Apr 1
124
Apr27
28% Apr 17
.10
100
V?par
1,000
MackTrucksInc
1,100
Macy (R H) Co Ino.-.No par
Madison Sq Garden...No par
400
100
1,500
Magma Copper
Manati Sugar Co
Mandel
Bros
Manhattan Shirt
300
10
1
No par
...25
Maracaibo Oil Exploration... 1
1
17% Api30
10% Api 29
22%May 1
2% Apr 28
5% Apr 23
12% Apr 24
% Mar 27
19: 1 Dec
£132
:
Dec
4s..—1953
—1955
1966
1950
3s....1951
i
31»i
138
Refunding 5s...
40-year 45$s...
Cairo Bridge gold4s
Litchfield Dlv 1st gold
Jan
Jan
Apr
17% Deo
35'4 Dec
29% Sept
Feb
147, Aug
19%
Dec
31
1%
5%
Feb
Dec
12%
Apr
*4
Jan
.23%
r
11
-
July
4% Dec
734 Aug
16% Sept
l%May
j
2,200
Marine Midland Corp......5
2% Apr
1,630
Market St Ry 6% pr pref.. 100
Marshall Meld A Co...No par
4% Jan
1,700
4,000
Martin (Glenn L) Co..
1
Martin-Parry Corp
No par
700
MasoniteCorp
200
Master Eleo Co
No par
1
100
1,400
Mathieson Alkali Wks .No par
7% preferred..
For footnotes see page 1740
100
2
2
8%Aprl7
18%May 1
334 Apr 17
22%May 1
20
Mar
162
6
1
Apr20
20%May
Dec
5%
11%
Dec
177g Sept
x20% Dec
Dec
32% Sept
12% Jan
28% Jan
28
Sept
24% May
.
■ Loulsv Dlv A Term g 3 }$s—1953
' Omaha Div 1st gold 3s
1951
St Louis Dlv & Term g 3s
1951
Gold3}$S-..1951
Springfield Div 1st g 3}$s...1951
Western Lines 1st g 4s
1951
-
(
3%
11
Dec
3j4
19
21%
171
Dec
May
June
176
Jan
Jan
Aug
\
A O C( 52 }$
475$
44}$
MN
MN
47}$
58
P A
465$
J D
/ J
......
J /
F A
J
/
/ J
F A
J
J
57
52}$
......
......
1
IllCentandChle8tLANO—
' Joint 1st ref 6s series A—...1963 J D
51}$
1st & ref 4}$8series C
-.1963 J D
46}$
Ind 111 & Iowa 1st g 4s
1950 J /..:...
31% Sept
27#
*'
101}$
—1955 MN
3}$s.....-.1952 J /
Collateral trust gold
1
J
J ......
J .:....
1951 A O
:.'..1951 M S .-...-j.
Mst gold 3s sterling
Collateral trust gold 4s...... 1952
I
1
\
.
Illinois Bell Telcp 25$s ser A—.1981 J
Illinois Central RR—f,.T,
1st gold 4s—i
1951/
• 1st gold 3}$S-....-^-~i.~ 1961 /
74% Nov
*'60
V
.
12%
142%
.*
MacAndrews A Forbes
102
86H
103
44}$
HudsonCoGaslstg5s_....—1949 MN
'
-»
110
126
Jan
May
X29
-
200
-
,
„
,
Hocking Val 1st cons g 4 }$8
1999 J J
Hoe (R) Co 1st mtge
—- -1944 A O
tl'Housatonic Ry cons g 5s—1937 M N
Houston Oil 4 y*% debs
luot M N
Hudson Coal 1sts f 5sser A..--1962 / D
189
jaD 30
18% Jan :8
76% jan 26
85}$
97H
%%
**
Dec
17%
jan21
30
Jan
85^
J
/
/
/
if
?
June
174
6
6
Mar
2
35
Lortllard (P)
378
73% Jan 12
74% Jan
Sept
r
11®8
32% Nov
11% Apr
Lone Star Cement Corp No par
Looee-WileB Biscuit
Jan
>
(j
l034Mar25
15% Jan 3
24% jan 6
41% Jan 27
42% jan28
,
4% jan24
; 1884 Feb
6
15% Jan 29
9% Jan
ll%May
> 37
Long Bell Lumber A ...No par
Dec
3
jan
.
Hudson Ac Manhat
24
—No par
Loew's I no—
Apr
x\9
5% Jan 20
33
joi
......
J
1967 j
73
.1
West deb ctfs A..... Feb ......
'Debentures ctfs B
----Feb......
Gulf Mob A Nor 1st 5 }$s B
1950 A O 94
1st mtge 5s series C...-----19o0 A O
Gulf Mobile A Ohio4sser B... 1976 J /
70}$
'Gen mtgeino5sser A
2015 J / ......
Gulf A Ship Island RR—
< '
1st & ref Term M 5s stpd
1952 J J ......
Gulf States Steels f 4}$s
1961 A O my*
Gulf States Util 3 }$s ser D
1969 MN
14% Nov
8
17
Apr 24
Apr 29
17% Apr
......
.24% Sept
14% Apr
7
j.i...
J
E
...1977 J
4sseries G
1946 J
4s series H.,
1946 J
,.v ;
2734
26*4
116%
5%
" 2%
1434
4 ; Jan 26
i3g Jan 20
2
101
......
*Green Bay &
Jan
14%
19%
107%
'•ls4
%
4
:
Lerner Stores Corp
J
J
Genmtge3M»8eriesI
17% Sept
45% July
14% Sept
Dec
7
9»4janl9
i878 Feb
23% Jan 9
113 » Jan 16
8% Jan
i
Feb
Jan
30% Feb 18
Jan
1
1
5
Lehn A Fink Prod Corp
A...--1961 J
—1952 /
T...197J /
1976 J
General mtge
V-!
■*
:
Laclede Gas Lt Co 8t Louis 100
General 5}$sseries B
General 5s series C
General 4 }$s series D
.
General 4}$s series
-■
97}$
......
^
July
July
297,
/ D
J /
j J
j /
w...1946 M B
Gouv&Oswegatchle 1st 58—1942 / D
Grays Point Term IstguSe—1947 J J)
534 Sept
28% Aug
Feb
24
....
1956 J D
Goodrich (B F) 1st4J48
Gotham Hosiery deb 5s w
Feb
278
..
26% Sept
i22% Mar
^
'>
-
*
•
Co cons g 5s.. 1949
Gen Steel CastlngB 6}$s ww .1949
1 ♦Georgia& Ala Ry 5s...Oct 1 1945
tJ'GaCaro & Nor 1st ex16s—1934
July
Jan
Dec
21
•
Gas & El of Berg
106
Mar
39*4 July
98% Feb
30% Dec
37,2 Jan 3
11% Deo
13% Feb 20
29
Jan 3 i"- 25Dec
1% Dec
2% Feb 5
23% Feb
40% Feb 5
105i4 jan20
2278 Jan
fl'
Aug
121%
*
Jan
Dec
Dec
6%
-
Apr28
9
3i4 Jan 23
27
Jan 2
29% Jan 5
Aug
2234 Aug
'14% Aug-
Mar
100
100% Jan 13
g
Dec
Dec
9% Dec
5
100
5% conv preferred
6
1312
11% Feb
Kayser (J) A Co......
5
Keith-Albee-Orpheum pf.,100
89
8
101
12% Jan
121% Mar
4% Dec
xll6% June
jail 27
find & Louisville lstgu4s.... 1956
Ind Union Ry 3}$sseries B
1986
Inland Steel 1st mtge 3s ser F_. 1961
Inspiration Cons Copper 4s
1952
Interlake Iron conv deb 4a
1947
-
For footnotes see page 1741
:
J
/
8
M
A
A
A
-
......
..... .
O
O
O
■
......
101
Range or >
Friday's'-
Bid
'Cuba Nor Ry 1st 5}$s.......1942 J D
Jan
Feb
Week's
,
"
Railroad & Indus. Cos. (Con.)
share $ per share
Dec
% jttn<
>1J1%
Feb
%
4
5% preferred..,.
100
Hud Bay Min A; Sra LtdiVo par
Hudson Motor Car
No par
{Hupp Motor Car Corp
$
$ per share
100
Hudson A Manhattan
ft
~
■
■ t
L.'
:
% per share
\
'
^"8
BONDS
.
> N. Y. STOCK EXCHANGE '
•
Week Ended May 1
■<
(1941V
'
Year
Friday
Last
Sale '
Price
g
; j
LOW AND HinI1 SALE prices
&
Asked
Range
Since
Jan.
1
Volume 155
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4069
NEW YORK STOCK
NEW YORK BOND RECORD
Friday ~
N.
BONDS
Y. STOCK EXCHANGE
Last
Week's
Range or
Sale
LOW AND HIGH
Friday's
dk
Asked,
Price
Rid
SALE PRICES
STOCKS
NEW
Saturday
Monday
Tuesday
Apr. 25
Week Ended May 1
Apr. 27
Apr. 28
Wednesday
-Apr. 29
RECORD
Thursday
Friday
Apr. 30
Range Since Jan. 1
On Rasis of 10tKS7>are Lots
YORK STOCK
May 1
Lowest
{ Inter-Great Nor 1st 6s
6s ser A;.. July
£lst 5sserle8
)
$ per share
A. 1952
ser
'Adjustment
B.-..:.—_
MHs-
1952
400
5 *11*
15s
fl7h
*..1956
"'•*
Shares
33
1734
'1st g 5s series C.u
1956
Jnternat HydroEl deb 6s......1944
Internat Paper 5s ser A A B.
1947
?7514
flO ■"
600
*9)2
10*4
Ref
f 6s series A
s
1955
'*
;
I
V.a
ant Rys Cent Amer 1st 5s B. j—1972
1st lien A ref 6 Ms
1947
1
114
8 per share
s29
D4 Jan
par
16
par
88
No par
Apr 17
Kanawha A Mich 1st gu
g 4s__1990
6
....No par
66
•Kentucky A Ind Term 4 Ms.w. 1961
Stamped..
1961
$6.60 preferred
9
,
J
-
'
9
*1-,
9
9l«
'(■
*U
5,
\;121* 2\ i 2-58
2%~r
1954
123,
Koppers Co 1st mtge 3Ma—-1961
■
jKresge Foundation 3% notes.. 1950
{'Kreuger A.Toll 5s ctfs
1969
68
Vv
1214
68
67
Mission
So
•
I2I-,
6734
24
'4
39
S'Laclede Gas Lt ref A ext 5s. 1939
'-Certificates of deposit
I'
Coll tr 6s series A
71*
1953 F
g
I0I4
*21I2
A
*2.38'
1947 J
62
./
50
108
..1997 J
D
*434
*32
s
4s
.*108
478
31'*'
i
434
*32
-
434
341*
O
....
700
1st A fef»15* L«1
i
(
•
......1964
4sstamped modified.
^
800
4 Ma stamped modified.. .2003 M N
Llbby McNeil A Llbby 48.-^.1955 J
70
J
O
gold 4s. J.
stamped.
4
Louisiana A Ark 1st 5s
ser
A.. 1969 J
200
Lou A Jeff Bridge Co gu 4s
S
1,000
1945 M S
\
{
1st A ref 4 #8 series C
1st A ref 4s series D
1st A ref 3 "48 scries E
2003 A
2003 A
O
1950 J
Unlf mtge 4s ser B ext
1960 J
Paducah A Mem Div 4s....1946 F
i
St Louis Div 2d gold 3s
J
1980 M
-v.,1
'
South Ry Joint motion 4s
4
H%
;
No par
1
Newmont Mining Corp
10
Newport Industries—;,——1
1,400
No par
.100
N'port News Ship A Dr Dock 1
$5 conv preferred...iNo par
200
New York Air Brake...No par
12,800
J
New York Central
No par
100
N Y Chic A St Louis Co... 100
7,000
6% preferred series A... 100
300
Atl Knox A Cine Div 4s.... 1955 Af N
NYC Omnibus Corp..No par
New York Dock
:No par
500
100
1960 J
4^s series A
Feb 1 1957 MN
10% non-cum pref...
10
MN
115'ManGB AN W 1st 3^s..l941 J J
1947 A O
23'2
Stamped—
..AO.
J'Market St Ry 7s ser A..Apr 1940 Q A
15>2
*145
(Stamped mod) ext 5sj..—1945 Q-A.
24U
IN Y Ontario A Western..100
N YShipbldgCorp partstk-.l
!McCrory Stores deb 3 J<......l955 A .0
.65g
67r
*381*' 41%
NoMitt-Sparks Indus Ihc
600
800
Metrop Ed 1st 4 His series D...1968 AL S
■Metrop Wat Sew A D 5^s....1950 A.O.
•Ji'xMet W Side El (Chic) 4sf-l-1938 F. A
6% preferredserles—
5M preferred series..
6,500
j.;
-I :V'
Jack Lans A Sag
3J48 — —.1951 M S
.".1952 xlf.N
-
-
-
-
(Michigan Central—
1st gold 3
j
:
,v -
U'Mll A No 1st
ijl'Mllw
5s_
>Jan
*4" Dec
f
,21
50
:Dec
•;.,<7i*:Dec
Norwich Pbarmacal Co..2.50
M S
J
3,600
con g 4s
Ohio Oil Co.—J
1,300
Oliver Farm Equip:;.'.No par
900
1962 Q' F
i'lst A ref gold 4s—..1949 M S
cons
Preferred.—.
7»2 June
34
50
1939 J D
•'Ref A ext 60-yr 5s ser "A
I'lst
Telegraph
1939 J D
gu 4S..1947
A State Line 1st 3M8.1941 J
{I'M StP ASSM
j
509
U'Mlnn ASt Louia5sctfii--—.1934 MN
1
—
Norwalk Tire A Rubber No par
50
1963 M 8
ext 4Mb
'JCon ext 4 Ms
t'MII Spar A N W 1st
Northwestern
3-^4. Dee
Dec
107
Nor States Pow $5preft No por
100
Jl'MidofN J 1st ext5s ——1940 A O
I
10i2 Dec
93 < July
:
100
210
Dec
501*'- Apr
xaOM -Dec
Northwest Air Lines...No par
RerAlropt4J^S8erlcs C.^—1970 J..J.
Michlgan Consol Gas 4s.
9'2
50
50
Northern Pacific Ry._!
D«c
'.Feb
109
Northern Central Ry €o...50
3,200
lOO
Jan
Oct
Dec
19
179»2
North Americsm Avtotfon...!
...__
V
,
5
100
Adjust 4% preferred....100
North American Co..,
10
12,000
Jan
.
23>2;Dec
Norfolk A Western Ry:
10
-
600
-
,'McKesson A Robblns 3His—.->1966 J; J
■,
»u
Dec
*3i
*i»
300
151*
"
421*
100
1...100
Convpreferred.:
3,700
•15ft
*109i4f1187
50
50
{NYNHA Hartford
900
,
....
N Y Lack A West Ity Co.. 100
1,000
Manila RR (South Lines) 4s...1959
-7:
.No par
N Y A Harlem RR Co.
20
D
Manila Elec RR A Lt s f 5s.,.1953 M S
(Marlon 8teara Shovel s f 6s
5% preferred
360
D
Maine Central RR 4s ser A—.1945 J
int gu '38 J
J—1938 J
i'l8tcon8 5sguastolnt....l938
.
20
400
J
6% preferred-100
'
8>4 Jan 26
6% Apr 29
Jan 2
2D* Mar 25
2
2
79
;* 6*4 Feb
;6»* Jan 12
17
2l2 Jan
59
Jan
Jan
13'i
v2
*
54
9
Feb
Dec
Dec
•
3-"^ Jan 28
133a Jan 28
278 Apr 28
llt2Mar 12
132
Mar 20
Jan
6U Jan
9
;.
'
2»2 :Feb
Dec
140
2
142
June
'
600
OtisSteeI Co—I—.No Par
$5.50 conv 1st pref..No par
100
Outboard Marine A Mfg—J*
3,800
♦25-ycar SMsu —i—i,—.:_-1949 M S
♦1st A ref 6 Ma series B
1978 J
J
-
10
-.
:
2.000
I. —100
Oppenhelm Collins
'.No par
Otis Elevator
...No par
J
For footnotes see pago 1741
8% preferred A
20
J
•1st Aref 6s series A..:..._1946 J
<
6
1,600
J
J
:No par
Omnibus Gorp. (-The).!.—
For footnotes see page 1740
Outlet Tk>L
Preferred
........
t-.
No1 oar
4«i Jan
51
Jan
2
2
rl678 Apr 28
45i8 Mar 10
,...100
Owens-Illinois Glass Co. 12.50
9
»•
6
i 16 June
45i8 Dec
48—■
43U Apr 25
M'i Dec
Feb
22-i4 Feb
61
64
Mar 28
40'g
3 1
Apr
,
—.120
Jan
Feb
8'i
-Mar
38*4 May
Jan
5H2
conv serial pref... 100
Newberry Co (J J)
5% pref series A
July
74i2 Sept
112
No par
'.
...J*.
S
V;
1952 J
Neisncr Bros Inc
1,900
Mob A Montg 1st g 4 Ms.—1945 M 5
•-
6»«4 Jan 6
Hli2Marl7
5">8 Jan 20
39 >8 Feb 7
-
4
600
A
f
1534 Nov
No par
NehiCorp
30
J
I
j
74
par
109
O
Unif mtge 3 Ms ser A ext
>
jMunatl Sugar 4s s f
4
2
10
National Tea Co
Natomas Co
300
2003 .4 O
—2003 A O
Gen mtge
4">g July
Feb
$2 conv preferred
40
5 ^ % Prior preferred.. 100
6% prior preferred..... 100
700
Jan
Dec
13>8 Mar
63
7% preferred A
...100
6% preferred Bi:..
100
400
1st A ref 5s series B......
\
314 Jan 20
2
.
10
1
^
:
100
J
^Louisville A Nashville RR—
1
*
3
Jan
173s
National Power A Lt_.No par
National Steel Corp..25
National Supply (The) Pa. .10
1,400
1,600
A
Louisville Gas A Elec 3H8....1960 M
{
Jan
12
conv preferred.No par
Nat Mall A St'1 Cast Co No
National Oil Products Co
100
4,900
-.1949 M S
1944 A O
1951 V
«
400
'•
1949 M 8
-!
Lorillard (P) Co deb 7s..
5s debenture..
$4.50
National Lead Co
100
^
4
4s
241*
par
190
•Long Dock Cft3»48 ext to....1950 .4 O
I
25*8 Jan 20
Apr 28
par
-
4,200
.-UJ.. . . 1961 F. A
ser A.....1962 MN
Long Islaud unified 4s.......>.1949 M S
Guar ref
Aug
.100
Nat Enam A Stamping.No
O
Liggett A Myers Tobacco 78.1.1044 A
;
Jan
30'a
National Gypsum Co...____1
2,600
ext 5s......1951 Avfc>
I-ex A East 1st 50-yr 5s gu_...1965 A
I
43*2
par
Nat Distillers Prod....No
:
.
5s stamped modified. J. 1.1..2003 \t N
6s debenture.. —
;Llttle Miami gen 4s
42isMarl2
National Dept Stores..No par
6% preferred...........10
400
3,000
.-i-.e
Aug
293s Mar 25
S's Apr 2
12i4Jan30
Nat Cash Register....No par
National Cylinder Gas Co.—1
Nat Dairy Products...No par
300
registered.t.i:..:..2003
j
123
1061, Apr 30
434 Jan 2
31
Mar 27
7% preferred
1,200
5,600
..2003 M N
i
Hy
119
Mar 16
11084 Jan 6
J05i*Marl8
Nat Bond A Share Corp No par
National Can Corp..,.....10
_
6,200
4a registered ... s.........2003
*
I-eh Val Term
94 V Sept
118U Sept
National Biscuit Co.......10
v
f
|
;1734 AUg
7
Jan
1
par
400
1st A rer sf 5s
1974 F A
I
6a stamped...
.....1974 ...:
iLeh Val Harbor Term gu 58.^.1954 F A
tLehlgh VaHey N Y 4Hs ext._.1950iJ
J
Oct
July
33s Aug
Jan 15
1H2 Jan 7
4912 Apr 30
....
I
Lehigh Valley RR—
f
Oct
50
8,100
1664 F A
• ».
58stamped...
) 1
Nat Automotive Fibres Inc.. 1
6% conv preferred..^....10
National Aviation Corp
5
<700
7978 July
Jan
par
600
800
....
Jan
Il5'2
26
7
Nash-Ktlvlnator Corp
5
NashvChatt A St Louis... 100
National Acme Co
1
.....
1944
Oct
S.4U
39'2
par
Nabco Liquidating Co .No
400
7,100
j
6s stamped
Jan
112,
-
J
A
1st A ref s f 5s....... 1954 F A
5sstamped.............1954
y
1
Jan
Jan
2878 Jan 27
25g Jan
1
45'j
113>2
5% preferred
......100
Murray Corp of America.. 10
Myers (F E) A Bro
No par
50
1081*
.1945 M S
liChlgh Valley Coal Co—
,•
50
501*
108
Mullins Mfg Co class B
87 preferred
...No
Munslngwear Inc.....No
Murphy Co (G C) .S...N0
125
ll7l2FeblO
6I4 Jan 2
978 Apr23
22
1
5
26
27
13
4
137gJanl9
;*91
1
115
May 1
102l2 Apr 28
101t2 Apr25
2312 Apr 2 4
5
38i2
Jan l6
12
Jan
M77g July
J
Cons sink fund 4^8 ser C.. 1954 J
]
234
62
121*
2
Apr
9^8
Jan 14
101
Feb
42'2 Mar
107
Apr
3t8 Jan
67 Mar
Oct
Dee
29U Sept
37 f•' Jan
>
5
1975 Dec
f 4^8 A..1954 /
gu g
|
Jan
--
Lehigh A New Eng RR 4s A. .1965
(Lehigh A N Y 1st
•
234
62
*111*
"
121*
3^8.1.1997 J D
3^8 registered
27«
*58
*1U2
' 23U
2
12'4 Feb27
6634 Apr 24
par
_•
16
Aug
33^8
6ig
SO'i
i
29<2 Jan 15
30«2 Jan 16
Jan 14
84 Ja
16'2May
Corp.-No
2
July
71
3
Jan
Jan
82
•> 7<8
llOtjMay
50
Motor Wheel
Corp.
Mueller Brass Co
Feb
27« Apr
37
10
72
2
Morris A Essex..
Motor Products
22 I4
i 9«s July
2
Morrell (J) & Co......No
par
734
10
223k
■■■<
Lautaro Nitrate Co Ltd—
♦1st mtge income reg
Lehigh Coal A Nav
734
71*
*97g
♦211*
Jan
18314
1818
■
A
1942 F
.
Lake Erie A Western RR—
5s extended at
3% to
i
Lake Sh A Mich Sou
18*4
4
Mar 24
32
Apr 17
40
*371*
39
*J8»2
1960 F A
.....1942 F A
Coll tr 6s series B
.
O
247„
7ig Feb
7u Jan
$4 pref series C (stpd) No
par
Montg Ward & Co Inc.No par
O
•..l.
Coll A rer 5 Ms series C
Coll A ref SMs series D
.}
.4
1942 A
|*Ref Aext mtge 5s
l•
241*
241,
109U
138 Jan
$4.50 preferred
No par
Preferred series B...No par
$4 preferred series C.No
par
♦10134 1021* *10134 1021*
10H* 1011* *10134 103
5
26^ Mar 24
2
Nov
'}■ 8*g Sept
■
Jan
77
8«4 Apr-28
Mohawk Carpet
Mills.....20
Monsanto Chemical Co....10
*110l2 1-131* *H0l* 112
117
*115
117
*116
108
Mar 11
60
Corp........„_.j.io
15>4 Sept
110
7i< Jan 14
103i2 Jan 19
*
No par
Mo-Kan-Texas KR..~..Nopar
7% preferred scries A... 100
2%
9'« July
37*4 Sept
578Mar23
1961
4 Ms
unguaranteed.....1961
Kings County El LAP 6s
1997
Kings Co Lighting 1st 5s
..1954
6
1
35U Jan
par
Jan
Aug
10978 NOV
25'2 Jan
•
Feb 28
2
23
conv pref8erlcs B...100
Minn Mollne Power
Impl._.l
Jan
16
1234 Mar 23
10858 Jan 30
21
Apr 15
2414 Apr 28
5
Apr 17
12<sMar 12
1634 Apr 24
881, Apr 30
4%
6
May
32-\Janl9
Mar 12
Minn-Honeywell Rcgu.No
••
Kentucky Central gold 4s...l:i987
8
Apr
14'*
17ig Jan 13
8
Mld-Contlnent Petroleum..10
Midland Steel Prod—No
par
8% cum 1st pref
__loO
5s_.—..Apr 1950
Jan
4'2 Jan
...
Kansas City Term 1st 4$......I960
f
<-):■
.V ■-;•••. ■
1st A ref 6Ms...—
Jan
Mar
2178May
Miami Copper...
Kansas City- Sou
1st; gold 3su .1950
Ref Aimpt
108«4
«984 Jan22
i
Merch & Mln Trans Co.No
par
Mesta Machine Co
5
■
14
9«4 Jan 2
IO284 Apr 28
584 Apr 30
94
Apr 6
$6 preferred series A .No par
$5.50 pref ser B w w.No par
Melville Shoe Corp
1
J
4§?K C Ft S AM Ry ref g 48.1936
'Certificates of deposit...
I
28
107
Mar 31
..
Plain
6
6I2 Jan 3
28 •« Mar 20
Mongol Co (The)
.....I
5% conv 1st pref........50
•
18
14
Mead Corp
James Frankl A Clear 1st 4s.. 1959 J D
Jones A Laugblin Steel
56»4 Sept
27g Jan
90's Jan 28
10i8 Jan 6
6
100
preferred...... 100
2
Jan 30
1
oonv
share
rer
7
Apr 14
Mar
par
McKesson A Robblns Inc.. 18
5M% preferred
....100
McLallan Stores Co
.1
'Highest
$
15, Feb
10i8 Apr 29
l
Lowest
46)2 Jan
6
100
6%
.
9
•
No par
Mclntyre Porcupine Mines..5
{'Iowa Cent Ry 1st A ref 4s-—1961
3^6.-1961 J
Apr29
McGraw Elec Co..:...
McGraw-Hill Pub Co..No
7'
29
Year (1941)
5 per share
31
10
McCrory Stores Corp..
6% conv preferred
•
.
-Par
$6 1st cum pref.
McCall Corp...-.
14!'
X*6»2
—
Int Telep A
Teles deb g 4Ms.. 1952
Debentures 5s
1955
500
105
*98
.
i
«•'
''
May Department Stores
Maytag Co...
.No
: S3
preferred.-.
..No
87
f*9is
I
!
i
Highest
Railroad & Indus. Cos. (Con.)
«
Range for Previous
EXCHANGE
••
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
1738 >
NEW YORK STOCK RECORD
If
i
Sales
.STOCKS -..A-:-,:.:,.,
<
Monday
Saturday
I
the
Friday
Thursday
Apr.27
Apr. 28
Apr. 29
Apr. 30
May 1
$ per share
$ per share
f per share
f per share
t:i'
<,
•
.
Lowest
Shares
Highest
-
\ Lowest
| Highest
Par
8 per share
$
share V % per
per
Week Ended
t*Mo-Ill
share $ per share
■•'
•■
Friday
May 4, 1942
Week's
Last-
Range or
Sale
( X
Friday's Bid dk
Asked
i£"8
! fE
:
May.l,,.,4
Price
Range
v
Since
-
i'S
.-4;,
Jan.. 1
41%42%
High
nc, Low
96% 100 /.
332
30% 44%
39%
38%
39%
249 >
24%
32 X
32
32%
130
20
34%
34%
35%
216
21
22
20%
22
126
High
Low
A.—1959
4s..—1990
J
J
J
D
41K
J
J
J
J
J
J
A
O
RR 1st 5s series
Mo Kan A Tex 1st gold
;•
•
■■
.«
Railroad 0c Indus. Cos. (Con.)
1
I per share
£ Monday;-
J!"'
N. :Y. STOCK EXCHANGE
Year, CHI)
EXCHANGE
-
';'.■■;■ X .'!> • "
BONDS
;;■
v; Range for Previous
/-{■.
On Basis of 100-Sftane Lots
Week
$ per share
./ Apr. 25
i
Wednesday
Tuesday
Ranye Since Jan. t
-
.
NEW YORK STOCK
for
!
NEW YORK BOND RECORD
"V<
tLOW and high sale prices
«f
"100
*90
<•
Mlssourl-Kansas-Texas RR—
+7*8
1
7%
412
7«4
'
S
*4^8
7%
*7
7%
7
4%
*4%
4%
4%
16%
16^8
16*8
16%
*9>4
9*4
9%
'
15%
16
22%
22%
7%
201
Pflclftc Amer
5%:
220
Facl/tc Coast Co -
*16%
17%
AO:.?: 62
*9
:<■
*16%. "l5% *16
Tfiis
*-22i2
'*1578
75
*133
29%
16%
133
f. nv
'
*70
2*4
12
*7
5%
2%
12%
12%
8
*7
-
2
12%
8
-a
8
*7
I
57#l%b*8
1% A< 1%
•••.
12%
13%
*20%
'
;*,so
1% |;' 1
21 I : 20%
1%
1%
22
*20%
*7
<
*7 '■
8
*80<"
95
12 >4
i 12%
12%
20
20
*14%
15
17%
1%
*15 i
*t%
17l8
1»2
10%
*14%
*%
.*15 '
;
'
*1%
»
*1®
15
i*44%
60
6)
2
(.#t78
f
40
:
|*36
20
20'8
1<4
18»4
5lz
37%
197s
;
rm
.,>19
•
f *4
v
*5:
20%
'
*28%
18'
Penn-Dlxle
109
;J7
conv
ie"«90
19
100
.—.50
Pennsylvania ItR
9*109
593
39
39
22
*19
21%
*19
4%
25
!•
30%
128%' 28%
50
*47
4%
29%
8%
n-
*19
.
4
18% Jan 2
18% Apr 29
36 ■{ Apr 20
;
8%
59%
203
5%
25%
4,609
••:
309
*
409
31%
*31..
52'si
52
89
8%
8%
61%
1,209
102%
203
303
Phillips Jones Corp
Jan 21
4
44
72
*65
7%
!*6%
30%
6%
*6%"
i
72
| *65
16%
72
*65
*65
30%
30% 1 30
30
31
2 '
43%
*1%
2
*1%
2
*1%
*43%
46
443%
46
•*43%
45
43%
{*160.
16%
*16%
17
J
17
16%
*97% 114
31%
32
3%
i*25%
26%
*t%
I 27 r: ■
5% r. 5%
*5%
61
*58
61
♦58
:
.
*1%
2
45 j
*43
*43
59%
45
16%.
16%
703
;■
Jan 21
„
*60
75,
;
603
i
8
•*7%
7%
734
174
*135
"4%
4%
4%
*4's
"J 4%
4%
50%
*47%
43%
22
*22
23*
#4:>
} 22
'
61%
6%
4
61%
«%
;•
Apr 28
4,
Mar,
.5
1
61%
61
5,
*1
1
:
.
:
.
.
i?8
6*4
*6%
r
i*22%
45
•4
f
*16
1%
•:
•
101% Apr 22
4
i
*22%. 25
*22%
45
27% Jap',7
A
0
;
6
;
*6%
6%
{9%
t
*22%
63
9%
9%
62
63
~
309
'•'
•
22
60
66
•:I;
6'9
203
„
.....
*22%
24%
118
9?8' 10
*63%
'
82%
82%
10
10
83
10
10
i
*82%
10
85
VT -•
-
2l'>
166
'
Poor & Co class
5
!
Dec
6%
Pressed Steel Car Co Inc.—
1,033
5% oonv 1st pref.v—..*.-5
451
*22%
208
*2*709
5% cpnv 2d
>
119
pref——'—50
10
pf (aer at Feb
30
10%
4'«
$5
500
65%
300
370
109
2
83
100
1
"4%
J
84%
84%
lstgu3^s.—.2000 J D
39 X
39%
'• 40
'
MN
42
38 X
*6
9% Apr
Nat Dairy Prod
0% Jan 14!
Felt
0% Jan
52
IJ
■
9%
83
82%
;
9%y
*9%
-
82%
10%
83
>
*10
609
300
10%
.
8?8
8% j 8h
*8%
J
' v'
*8%
*8% i$ 9
8%
200
9
*8%
jjew-Orleans Great Nor
i 1st
Dec
181
y
75%
July
104;
29% Jaxr
3
•52'/ "Jan
6
119i>lar;i|
.
July
21< ^
Jan
8%
Jan
".Sl37a
Oct
-
'
,."
Jan
Iff
Jan
\
"Jan
115
6
Feb >21
26% Feb
41
417
Dec
Dec
101%.Jan.2
12
>
11
9% Jan -2
f
47i2
88
t
27g
48
47
47
88
*80
101
*178
r
2'8
2S4
■,j *36%
39
#36
39
1*15*4
!
*734
17
¥1534
4612
*24*%
26
*245«
12«4
*12
12(2
27
*25
27
21
*20(2
21
2
*1(2
1
1214
;
*25
*20»2
101
*80
:
.17
8%
47>
8%
*8i8
47
*36
8«s
8
25
*24%
•!
2%
2%
47
47
101
•
*80
2
17
*1534
25
;
2%
39
r*36
f
r
1 2'
2(8 0; 2
*178
2'8
,
2*4
234
;
*80
47%
'-•;>2*36
Dec
N Y Gas El U H A Pow g 5s
Purchase money gold 4s
'"i1" ;■•"■ i
>24%
12%1
;
*25
12
27
*25
*20(2
21
*20
21
*20
12
,
100
Raybestos Manhattan.Aro par
17
2
12%
.
83
1
2
-
.
37
6% conv preferred..i.— lOOj
-
8I8
8h
1.290
24%
24%
12%] #12(4
24*s
293
Rayonler Inc...—.——
1
83 preferred-—
.:-25
I2h
509
27
*20
21
8%
2% Dee j 47|
.
.
Apr 25
88..
85
23
Apr 24
2
Apr 21
3%-Jan
46% Jan
Apr
24% Jan
20% Jan
Apr 23
2
9
17,.j.Jan 28
11%, Jan 10
•23-% Jan 5
11% Apr l6
4% 1st preferred.j-— .. j50
4% 2d preferred. - ——50
,
8
V'
6
47 %
-.15% Jan
Reading Compauy-.-4-.j_50
*25* 2
2i;
2.5
27 1
*24%
12
*25
1,809
$5 preferred B.„_.;No par
Radio-Kelth-Or pheum.
1
39
*1578
400
27
-8%
Sh
*36
17
83.50 conv 1st pref.iNo par
3% Jan
20% Feb -3
15% ,.Jaa 28
9
2
27% Fob
23% Mar 11
188
I ♦Noil conv deb 4s
'.Dec
f 334
38% Mar -55*2
U4% Dec ^21%
18%
i
8% Dec
23Dec
29%
r J0%
18%
Dee
>
.
I;
Jan
Oct
July
.
.
,.1948 J
1949 F
—
Dec
Aug
July
10%
,
—
".-48
'1*45
.
-
7h
*42%
:
*3,;
I
:■'
Wt
434
*6H
20
*40
;
f.
t
,
<
6%
*6%
*6%
13
*10*4
734
7»i
734
*42%
45'2
42)2
42 (j
3%
:
3
3
7%
•:
*42
*3%
*45
.7
: *8%
13
55
11
*10
13(2
7
13
7%7h
57
*56
45%
*42 sx:
,
;*3%
3U
57
43%'
3%
15*4
155!?
-15%
15%'
*05
93
*95
93
*95
98
76(8
*70
75*4
*69
76
-•♦68
,#73'2
V *4">8
5
59
#55
59
*56
6h
78
0%
4
4
20%
20%
45
*40
6%
*6%
,
.■',61ft
*6%
7%
4%
*3%
4%
*1012
17%
*7%
8%
43
*33%
<%
43%
%
For footnotes
4%
*109
4
20%
4*4
15
112
*76
45
15'r
*109
*55
;
434
,
112
*109
7'
15
see
t
*6%
7.5'4
: *zh
20%
*40
6*4
6%
7514
75%
4
4
20%
45
6%
6%
7
7
*3%
*17
7%
*33
4%
17%
7%
43%
*&,«
page 1740.
20%
*35
6%
1 6%
21%
45
*%
59
*55
2t%
#35
21%
45
30.9
Reo Motors v t C...J.-..---1
9,109
20
*4*8
--
1,100
478
s112
7,*
;
76
J.
*1,600
70
*
: } 'Coll ateroi
5s
Jan- 2
5
86% Jau 23
•6% Jan 3
129%Mar 3
74
Jan 20
8% Jan
85%. Jau 10
4% Jan 5
x;
Jan
'*.771:
'Dec
97
i' 4%
Dec
^11
Apr
129
/.
69
57
.
trust 6s... ....
J
107
.
-
17 '2
f.
.
77g ;■>
7h
w
Roan Antelope Copper
Mines.
209
Ruberoid Co (The),
609
RusMess Iron A Steel Corp.
82.50
43 (2
conv
j— No
par
.
_
1
preferred .No par
*
8% Jan 16
5% Jan 20
3% Jan, 6
Feb 19
16
19%Mar20
10%-Jan 27
7% Apr 29,
41% Apr
6
47;,
Jan
2
i
Dec
95
Dec
10%
Jan
22% Dec
49% Dec
7% Feb
34%
53%
Jan
6 .- Apr
*2% Dec
Jan 15
>
9%
.
'■'■'14% May
8% Dec
.
42
Nov
July
Jan
12% Aug
;
5-%
21
Jan
Jan
Nov
"1434 Aug
4834 Jan
"
*'l6
&8
"""ioo
{Rutland RR 7% pref
100
% Feb 17
■
h Apr 27
•n
Dec
1
*W%.
•
61
,•••74%
3
:
79%
09".
.78%.
6661 %
51
57 ,-;
v
.
50%
52%
.
49%
80
,
56%
.,49%- 49%.
*101
100%
61 %
*__.
_.
j,.
.1967 J
.,
116% U9%
.112% 115
7
2
:
00
77
4
103% ,104%
*103%.,...:.
j 58 %
',>62%
59
03%
.56%
61
01%.
:
100
♦103
■I 35%-
,
103%
33%.
33
.
0%
V.,7.,
30%
80%
40%
80%;
36
♦45
103
109%
104%
ci
103%
.33%
31%;
•11
1
Aug
For footnotes see page 1741.
•fe
4%::. 7%
1%
39%
46
.109%
104%
"i
<
2
.
2%
48%
109% 110%
104% 10 J,
j'106%
>.23
103
109
,29.
.
33%
;
j2%
.
91
*'"5
91%
11%
2
13%
75%
108
¥108%
7
6%
108%
108%
*110%
167
1
91%
.109
3%
..
7%
108% 109%
109% 110%
103
102%
'**8
101% 103
.r'y;y:v
J. J
AO
F
0
A
F
A,
F
A
*125%
104"
72
23
,
125%
1.01%
101%
103%
;
10
71.:
26
71,:
24%
A
F
72.
,'26
A
_
i—1959
r
34%;
.
354
7%
102%
>
36
23% 43%
40%
53%
3%;.; 8%;
7
430
'21% 41%
32 i.73,
80%
M2v ."■.2v
6%
38
19 ;■
•
,
•
103 I
33%
19
10%
.
.
41%
58%
*"46"
35%
34%'
34%
vl8%
iV44
.
35%
34
.
19%
25 1,
;
34%
83
34%,; 35%
34% .,>■ 35% .136
41
.33 y *,34%
232
41%42
58%
58%, 145
35%
.
34
_
20%
130
34% -j 35%
34
34%
r
J
„4-{■?;
»
1st mtge 4%s series A...J..1998
! *Gen mtge 5s conv Iimj.—^.2014
{{•Norfolk Southern RR 5s A. 1961
Norf A Western Ry 1st g 4s_;__ 1996
North Amer Co deb 3 %s
1949
Debenture 3%s—
^^..1954
4a
;
106% 103%T07% 109%
.117%
112%
Norfolk Southern Ry Co—
( Debenture
■
■
57
;
99%
98
99% 101
60
03%
71,,. 83
"77
:
UN
J
,.1946 J
{{♦N Y West A Bost 1st 4%s..
M S
Niagara Falls Power 3%s— ..I960
1.1955 A 6
Nlag Lock A Ont Pow 1st 5s A.
Niagara Share (Mo) deb 5%s...1950 M.N
,
/
8
25
*iir
83;
69%
93
j07
107% k' 107%
a
MN
3D
—
N Y Telephone 3 %sser B.
5
••;'. '5
63%
-
9
; "I
62%
96%
.197
V';.
;•'•
'ij 70 _%>; 80
73
■■
103
80%
117%
112%
i
.1948 J rV\
.1940 AO
J
3 %s
■« 2. .1963
{{*N Y Susq A w 1st ref 5s — .1937 /■
.1937 F A
■i j
§*2d gold 4%«.
-r
{♦General gold 5s*.—-'---- .1940 F A
j ♦Terminal 1st gold 5s...... .1943 MN
N Y Steam Corp 1st
80% Sept
15% July
Apr
0's -Dec
75%
4
r
07%
,
45% ,04%
66
.
,106%
Lt A Pow3%s__ 1905 MN
N Y Rys prior Hen 6s stamp. ..1958 J
j
Sept
} 60
5-)%
93
50
00%,. 67%
99%. / 99 H
97%,. 97%
■
•
•
NY Queens El
Jan
197
i-
50
■
49%.
..•
A
♦General4s...t..1955 / ©
.1993 a. V
Jan
9
Mfg._.:No par
.3% Dec
.
37>:
134
Feb
;
Richfield 011 Corp..j*.No par
Apr
22%
t,
Ritter Dental
Dec
/
101%
rJan 27
600
2%
61
•
44%,
51 % j
*48 fa
189
"74%, '5 75%
D
{♦NYOntA Westre4g4s——-1992 M 8
Jan
Aug
54
1,801
'Dec
14% ,D«
;
27% Jan 27
Apr23
Apr21
6% Apr28
6% Apr 30
12%
X 96
g20
4*8
4%
*313
17% -17 >2
*33
19
l0O%Mar
■i 31
-45
7
43%
2
10
Cormuoti..:
6*8
♦33
Feb
Reynolds (R J) Tob class B. 10
7
43%
v
47
40%
59%
'4*49%
10 'g Nov
67%: Jan
.
48%
,.
,54%
64
O
N Y A Putnam 1st con gu 4s
-9% July
Apr
Apr
Dec
)•'
i-
7,890
45
6%
'7%
,
Apr
9%
7%
53%
2
6
45%
-40%
,
1 38
513
-
J
♦Non-convdeb4s.. —.t.J. .1955 J
.1956 MNl
♦Nom:onvdeb4a
.195/
'"■? ♦Debenture 4s...^
....
■■•'•'7*lst A rer 4 %s ser of 1927.-. .1967
; ; {♦Harleui R A PtCh 1st 4s. .1954
Nov
Jan, 7
:4% Jan 14
,
Apr 2.8
17
53
Apr 22
6% Apr.23
75% Apr 29
3% Mar 9
100
1...100
Co.-iNo par
preferred.—.100
2
16
2258
22
*35
6%
•
15
preferred....L—100
conv
2% Jan
96% Jan 3
7h%vlay* 1
4% Apr 23
Reynolds Metals
5X%
48
i: 7Apr
Reynolds Spring. ... .j....—1
6%
>3%
38% Jan.6
con v
6)4%
12% Feb
9% Jan
61
Mar
39
54
96%
51%.
09
—.
Nov
Dec
39
,
142
-52%
r-,56 ;
♦50
.1947 M 8
.1954 A O
♦Conv deb 6s —...it—
2% Sept
53
H 6%
34%
38
i
it
39%
48%.
RR—;
e! ♦Conv deb 3 %S—-:.—-'-..'21950
'
'ri 'Dec
22)8 Mar
v
1,000
6%
•17%
7%
:
17%-Feb 2
C-l
4U
414
0%
7%'
6%
,j 7% preferred
...
59
*55
i
7-Apr 8
.Apr .6
16% Feb 5
9
-
prior pref ser A .100
Revere Copper & Brass No par
71(2
2
50
7% Apr 28
r65
Republic Steel Corp..;No par
6% conv preferred.-i...100
100
98
71(2
*109
.
155s
15(3
*6*4
4%
Rensselaer dc Sara RR Co*.100
3*8
*75J»
•■»
50
X
JanTS
ll!
Apr30
6% Apr 2i
10% Mar 11
Preferred with warrants.:25
#3%
#05
»
Reliance Mfg Co.—i—10
Remington-Rand..—-I..—-1
42
IH Jaol3
•39
.
109
tt
7h
•
70 '
:,4%
176
200
4.
v
Preferred....100
RelB (Robt) & CO 1st pref.. 100
Reliable Stores Corp. .No par
29
•'
;
1,700
13
712
*56
6% ,0 6%
•
i j
-
Real Silk Hosiery-^..;—.5
57
*1034
7
*3% .4%
(
17%
*33
'-4%
112
7
*6*8
42
;.
6%
*17
7%
*109
59
'6%
75%
4%
73%
*4%
'4%
112
—....
*45
*10%
7%
2
,
55
lit;
-
*1*2
9.8
78
%
*10%
'*56
55
13%
*1%
15**8
434
8
314
*3'«
*6%
2%
97»4
15%
18
8%
*%
13
7i3
45%
*3%
*7%
7
56
*16%
*33
I
7
56
59
#56
#37«
*11
57;
112
#109
:
131?
*1054
76
*76
*11
*56
;*7o
1.
13'4
;
100,
,
*1%
*45%
*6%
7h
i *08
J
55
57
1 *56
:
*45
13
*m
t
214
55
#11
13i2
6's
i *11'2
f
>0i4
*iia
2(4
*45t2
55
42
34
2
,
'
*1%
i
37
1
125
>48%,
-74%
.1947 M S
_
♦Non-convdeb3%s.
♦Non-cony deb 3 %s
July
27% Aug
Dec X 24 1 Jan
22%
r:
Dec
1-
2
Jan
Deo ,62% Jan
Dec
51%
59%
3N Y Lack A West 4s«er A..—.1973 M'Nl
4%s series B.....
—1973 MN
N Y L E A W Dk A Irapt 5s.:tl943 TAJ
8%. Apr
54% Feb. 5
80 ::
; 37%
56
44
f
54%
-1966 A O
{N Y New Haven A Hartford
2% Mar 6
46% Apr28
Amer...No par
>,
•'96
50%
—
:1st lien A ref 3%s ser E..
N Y A Erie—See Erie RR
:
r
Radio Corp of
900
;
:*r
101
2%:
15% "*15%
13,100
47%
39
2
*8
*47-
*80
101
39.
15%
2h
2%
:
72
2
:
46%
48
96%
6s ddrentuifs.-......—.t.-lOSO J D
N Y Edison 3 %s ser D — —1965 A
,
'
i2h
82%
167
105
11
48%
.44%
„
*103%
52% :"52
' 3)^8registered'......1998 P A
MlCti Ceiit coil gold 3%s. it21998"/ A
.
107% Dec
Feb v'9514 Aug
Dec jW Oct
91% Jan 20
83%
10% Feb 25 .i-,8%
j
'N Y Connecting RR 3%s A. -.HOGS A:f7
NY Deck 1st gold 4s__
i .21951 F A 4 63 %
-1947 A O,
Couv 5% notes..—
.80%
f9i'~ Mar
Jan
82
.
76%
11
50
450X
kfv" 3 %s regis ter6d T -t t- - - :i -1998 K A'
!
117% Oct
29% July
2
10
75%
'"
45
(
158%. Feb
114,
19% Dec
,.\7A 'Feb
77%;
105% 106%
®:2
•
44
AO
({few York Chicago A St Louis—
Ref 5%sseries A.--—t-1974 A O
180%
Ref 4 % s series C! (.tt *——.1978 M A .; 67
4
I 1st,mtge3%sextended to..'.1947 a o\:
137 -Jan
-p.
fgi-
r
July
41% Dec
14% Jan. 8
86% Jan t«| /75% Dec
z99% Jan-if :k02;v: Dec .423%;; Jan
123
75%
Jan
161% Sept
120
29% Jan
41R.': Jan
*
..
107% 109%
48% ;i: 52
mw J
•
*44%
'*46%
4.J Lake Shore coll gold 3%s.r.l998 A' A
•,13%
;40%
1106% I>ec
38
48%
,•48 ;■ ,47%
vjf YCent A Hud River 3%s::il997 y;y
> T v 3%'s registered
—i:1997, j
';
0
7
If1
42
38
2:
•i
.
v.-
111 >Jan
5 Ha series A ———- -—1954
FA
A..1098IA* A
19461A O
,,Ref A impt 4%sseries A....2013 a jj
» Ref A bnpi 5s series C—-iC 12013 A
O
Conv secured 3>^s_ — ———1952fM N
Dec
Jiine
...,
77%
41%
38
,-.48%
10-year 3 %s sec s f—
,
Dec' .13%
415
"o
N Y Central RR 4s series
6%
121% l>ec
J.501 Dec
A
Newport A Cincinnati Bdge Co
i'Gen gtd 4%s.
—1945 j
,
0%
t
0
♦Certificates of deposit.......
Mar
Dec
June
16
109
44%:.
4Xa series D———-*.1956
♦Certificates of deposit
j #lst
Jan
.
I .4%,.Feb
1,3 %
v
v
Jao
17
A
1956 v'A
,f f 1st
Jan
Jan
•
123%
70
117% 120%
120% 124%
Jan
9%
43%
Dec
11
80%
92
56%
27
♦Certificates of deimsit...,
Feb
.
"il»i jjrty
13%
fi
69%
76% , 76% "9
106%
106% ,4:1
4
100% .< 106%
76%
77% .27
106%
•Certificates of deposit.
Oct
65
I
3
8% Jap, 3
A ref 5s series B
^lst 5s sesries C
,;
Jan
7%
Dsc
4
45%: Fab
00
119% 110%
74%
118%
♦77% :
I
3 :: 56.-.
*
A-1952,
♦Certificates of deposit
.jau
166
.
>
123
*.1955
New Orleans Term 1st gu As—.1953
ja.n
6% Dec
163u" Aug
174 ;: Mar
72%
July
,84
Dec
,
102% 104%
5
*75%
109
1952
67 '
69%
103%. 105%'
101% 103%
.....
68
5s Ai.1983
N O A N E 1st ref A imp 4 J-Ss A
'V
'lmr
(
112
112
S
92
118%
0
N J Pow A Light 1st 4^3-—1960 A
.
71%
MN
11st gs
N J Junction RRguar 1st4s.-.1986 F A
New Orl Pub Ser 1st 6s ser
.1
Jan 15
8>s Jan
•
8% Mar
5
.
....
10
69%
{|*N Q Tex & Mexn-ctnc 58—1936
5|
6% Jan 13
.13% Apr.30
111% Mar 19
Quaker State OUBef Corp.. 10
46%
31% 42%
106% 104%
38
92
118%
4 #lst 5s series B.————1954
',i
9
*8(2
y ;i
35%
31
103%
103% :,i 17
•116%,
D
Oil
Jan
Jan
;
.:<■
43%
41
46
67%
*72 X
J
{ J*N Y A Greenwood Lake 5s .1946 MN
N Y A Harlem gold 3%s.
2000 MN
'
81%
82
; 35%
116
103
3
5s A.-1952
41^s series B._
:.1961
V
I
112%
103% 106
57
j 104%
4*4+
New England Tel A Tel
Jan
Feb 14
17
-
.79% Mar 30
99
Mar30
... 100
No par
110
1
108%
102%
r;'-
83
109 i 110%
10
15
67
104%
J
23%
14j % 3% Die
14% Jan 28
MN
J
109%
; 7%
46%
19,
1% Jan '20
•■73% Mar 31
Apr 24
1 ■ Apr 24
92% Mar 11
82
Apr 1
0% Mar 11
21
•;
104
\67H
■
D
{♦NewEngland RRguar 5s...1945
i ♦Consol guar,4s.-.--.J. .—4945
Oct
Dee
127
A
J
Newark Conaol Gas cons 5s.—1948 J
Dee
iUi.t on
10% Jan26 •}} >8:-"v,l>ec
164 v Mar
..2.'.....
:70:
14
21
108%
'112
1949 M S
109%
2%
j
Feb 25
175.
3%[sdeb8—...I960
§*Naugatuck RR 1stg 4s.-1954
46% Dec
3% July
104
165
Mar 30
62
54
99% 104
N
Nash Chatt A 81L 4s ser A—1978 F
Aug
t: 4% Dec j 8%
Jan 21
^
<
I)
MN
5s.—.1947
Mutual Fuel Gas 1st gu
July
9
68
29|
16
45%
43
37%
July
38% Feb 5
6% Jan 15,
Feb 17
Feb
31%
36%
39
42
MN
National Steel 1st mtge 3s—'—1965 A O
77-
1:24*2 Dec
..,.100
5% conv preferred
Purity Bakeries...
Feb
3
i..;—No par
6% preferred
■
84%
1955
12% Jan
Feb
33% Jan
42,
l'^9) J00
N J..'No par
preferred...——No par
Pure Oil (The)
5,000
J
x38?a
■413
4
.
4,000
J10%
105
——1955
%■
6
115
6% preferred109
7%. preferred
100
8% preferred.100
Pub Ser 151 & GaS pf 85 No par
Pullman Inc..—4N0 par
309
.
5% Jan
Pub Serv Corp of
3,600
109%
Constr M 4 X* series B
i 72
Dec
405 fM4r 110% Dec
61y Jan
Procter & Gamble —'»•- -No par
45 it
*117
32%
80%
10
101%
May
91
.„:f
1
■V
50
99%. 100
110%
Mountain States TAT 3%s_.1968 J
89% Sept
51% May
135% Feb
t "4%
Dec
■st 1
\
100
:4 ConstrM 5sscries A..
:
8*2 May
IJ
s,
H
dAb 22
11% Apr 22
16 % Feb 19
f 3% Apr 25
•0% Jan'7
6% Apr28
6% Apr 21
25' - Apr 16
50
A
Nat Distillers Prod 3V*s
38
f - 4% May
v
2% Feb 13
'50,.. Feb 13
18% Feb , 0
19
<
1
B.___.Nopar
Apr
33%
14
109
,
09
1
21% Apr 23
61
Apr 22
6% Apr 23
Postal Teleg Inc pref—No par
13,503
4
21
■"• A :'■>
0
Morris & Essex
27% Oct
K 7% Apr
.7h Jan
4% Dec
35% Jan
23% Dec
47% July
35% Dec
t
41% Jan
Apr 16
4% Apr
1%
33%
299
86
O
Dec
■47% Apr 28
:
,
'
1
Feb
33
"•
60% July
,
Jau
5%
i
Jan 27
0
•';7%;-Apr?^
165
8
F
1966
86
D
;i
Co 100
MN
11% May
Dec
78 n Jan 17
22
Apr 14
5
*
Sept
54
Deo
17
i
Jan
.
26% Apr 24
Plymouth Oil Co.:—5
603
%
-
*9%
.
f
7%
24%
V *6%
3*%
Pond Creek Pocahontas No par
4%i
12%
'■ *
"v
*r
700
77 J
75
'74
75:
*73%
>
*73% 75 > *73% 75*73% 75
83%
82
82%
*82%
85% 85%_
*si78
85 • i -*82% 86
1*82% 85
100% 101%, 100% 101% 1109% 101% 101% 103
99% 100'1
,100% 100%
111% 111% *111% 112% *111% 112%
*111% 112% *111% 112% *111% 112%
21%
21% 4 21%
21%
21% 22%: 21% 22% ,22% 22% '
{ 21% 21%
71'"
7% i. 7.
!> 7% V 7%
7h
7%
7%U/,7% .: 7%
j - 7% 4 7%
97
93 I
99
*93
97.
*93
97. S *93
97
*93
93
*93 !
*82%
.141
76% Jan 30
Apr
•-
J45i,:;;.' 45%
118
«
63
;■ 6%
1.7
*6%
_
12%
"6%
6%
#4;:'
.
Pitteton Co (The).....No par
*16?: .17
"
4%
'
■•-■•;•
309
5*7:4
%
50
350
>.
.l^'4 1%
*n%
12
13%
Jan
27
1% Feb 25
43% Apr29
15% Jan 3
39
7% preferre d..... . i.—100
Pitts Screw & B)lt..X--No par
Pittsburgh Steel Co—No par
7% pref class B—...... 100
5% pref class A——100
■5X% lstseroonv pfpf.100
Pittsburgh & West Va
100
Pit Youngs Asfat Ry 7% Pf. 100
*i*0O3
4%
4%
..
17
.
12%
9%
9%
62%
-,
*16
'■
Pitts Ft Way & Chtcity
50%
6%
'
■
Plttaburgh Forglngs Co—..1
it ;303
■
i
1*47-i'
45%
44^8
119
118% 118% *118
10
63 :
25
-
11%
i
%
;
«10% Jan 7
75 in* Jan 6
107% Mar 23
®
174
*61%
r
31%
31%
Montreal Tramways 5s ext...-1951 J
3% Jan
;52% July
36% Jan
Jan 13
32% Jan 14
40% Jan 14
29
*140
lh
11%
12%
6%
fih
24%
45%
12%
:;v 44%
119
63 %
70
33%
i
%
; 21%
25%
24%
,
•
Dec
34% 'Apr
5
6
6% Jan
No par
6% Jan
1
4
4
6%,
7%'
1*1%
1%
12 1
17 i
11?8
:
6%
■
M5t,
8%
*7%
*135
68
*6%
7%
-
*16
37s
12%
6% •':<:■-7
i
6%
6% •• *6%
6%
.
8% :
*140
••
1%
11%
17
11%
17
>• 4,
13
461%
63
*6%'
12%
12%
9%
I 9%
,*62%
7%
,
•
*140
*118!
its
#ns
:£ *1 i:j. W
63
3%
4
,
13
64i
7%
24
45
f 11*4
*6%
11%
.
174
-
61
61
*140
11%
/
3%
3-%
22%
1%
*16
17
r*10
•i
22%
-
t* 13-5
J*i65 s
*164;%
4% .i.i 4% .: 4%
il, A'-y-rA
*4
#4
4%.
*4%
4%,
.50'
*48 ■■'• 59'? *47%
*47%
22 J'.
>21%
23
' 23
22%
•.
.♦1,
1%
11%
4%
47%
7%
*6%
*140 i'-.
,
*140
,i
J
4%
4%
47%
•
*7%
8
174
j". 4:'-"
5
9
49
Apr 27
8% Apr 6
55% Apr 24
67
32
•,54% Sept
1% Jan
21
1
28% Apr
5
,
23% Apr 29
-
*31%
FA
•
30%
1%
Montana Power 1st & ref 3^8.1966 J
891., Sept
'73';, DSC
t-1% Dec j 3% Aug
•j
3
-
33%
32
23%
21%
25%
130
32
4
1%
21%
>41
31%
33%
31%
25%
„•
576
32
Monogahela W Penn Pub Ser—
1st mtge4J4a_
I960 A
6 debentures
—1965 A
■■
%14% Dec
43% Mar
,
.-198*1
♦lstA ref 5s series I.
i
Jan
Jan
Apr
46% Jan
X
Mar23
23
59% Apr
*155
,4%
<
:•
7%
*135
*155:
*4734
!
174
*135
*165
*155
7%
*7%
t
174
*135
■»
.1980 a o
Monogahela Ry 3)^s ser B
Jan
20%
Dec vU;
%
6%
:31%
^1%
|31%
Moh'k A.Malone 1st gug.4s—. 1991 M
.'
2
•
31 %
;
-1949 mn
§*Mo Fac 3d 7s ext at 4% July '38
Oct
Jan
29% Jap 24
'No Par
(
'
i
30%
24% Dec
J14% Dec
4
I
115% Dec
Jl8
19% Apr J#
preferred.'*——-100
i$5convpreferred
•
m s
♦Certificates of deposit.
16% Dec
Feb
i05%
♦.
108
Jan
Dec
6% preferred—100
.
108 ;
21%
49
•-
•'31%
—
17% Aug
Dec
!08%;Feb27 408% Dec 112% Mar
: 24% Jap 30
.♦ IT8|.Dec
25%, Apr
25
23%' Jan 0 •! 20
Dec
Aug
6
Pitts Coke A Iron Corp .No par
89
3%
♦Certificates of deposit.
| i 4%
Phillips'Petroleum—. uNff par
Phoenl* Hosiery..—.....--5
Preferred.... .-..—*.*.100
PlHsbury Flour Mills—25
91,003
31%
3%
30%
30%
30%
30%
1%
30%
31%
30%
(11%
Pitts C C & St h RR Co-.lOO
*28%
28
60
30%
1978 mn
Jan
1 1874
Pittsburgh Coal of Pa....100
3%
30
*3%
5% 5% 15%;-: .5%)
61|
61
5%
<
27%
27%
27
5%
61
8.403
*97% 114
.
.
27
v,
*60
,
17% i 16% 17%
*97% 114 »'! .*97% 114 :
*3)4
3%
*3%
3%
;; 3%
*3%
{
27%
27%
5%
1
\ *5%
1
2
*97% 118
3%
*3%
r*97% 118
\ *3 %
7%
"
32%:
2
32%
*16%
;
.72
*65
■31%
";3%
-.1977
„-s37%
"Jan.. 3
■
30
*1%
i 30%
,
7
*0%
6%
.72,
:*65>
-
A
♦1st & ref 5s scries G
4% Jan
Feb
10.
22%
t
_
J
,;f•, ♦Certificates of deposit.
:
#Conv gold 5^8..
) #lst & ref g 5s series H
May
■I
6%
6%
72
s
} 99
13% Feb 19
t
6%'
6I2
?
♦General 4s..
F
1975 m's
♦Certificates of deposit.:.
:
| ^lst & ref 5s perles F
3%
7% 'Jan 24
51% Feb 7
Philip Morris A Co Ltd—10
'Preferred 4X % series... 100
'
-.1965
*lst & ref 5s series A-
1
■j
•'
1
t
i.. 4% Apr 30
36
Apr 28
_
Phelps-Dodge Corp........25
Philadelphia CO 0% pref-j50
$6 preferred...
No par
PhUco Corp. .. ——..,.3
*60
i 10. rAur
IC 7% Jan
j.-■ :% Feb
j 19% Dec
7%
;v
.
33%
35%
'
Aug
>
41
:
.
Missouri Pacific RR Co—
Dec 'i 2% Aug
Dec ,30% July
—
102% *101
56%
58%
*100;
103 .103
7|Jan'3
•:V
.No par
Petroleum Corp of Amer
6
Pfeiffer Brewing Co. .No par
003
.
5%
25%
1
9
9
5
5
Feb
2%
2
5% preferred—.-..--.101)
Pet Milk Co
29%-Jan
::
55% Jan
80% Jan
11% Apr 29
£106% Mar 12
Pere Marauette Ry
21%;
5%
*48
52
*3%
459
283
5
20%,Jan
15% Mar
20%;
X Jan
#Cum adjust 5s scr A...Jan 1967
j
9% Aug
Jan
!19% Dec
10 ;; Jan
1% July
4% Dec
lt% Dec
|
2
Jan
2% Jan 14
7
17% Mar 2.
% 5 Apr 23
;
2
Apr 15
37% May'
—
39
38%
25%
29%
52%
8%
59%
*5%
Pepsi-Cola Co
114% Feb
"17
56%May- 1
18g April4
>
Co.. 100
J Peoria & Eastern Ry
~
126
Dee'
*
1% JDec '■ij
i
5
15% Feb
44
Co——100
5% -prior preferred -& 100
*20
21%
*4
5%
24V
4
*5%
23%
1%
2
Jan 27
13% Jan
Peoples Drug Stores Inc.—.5
PeoplesOL & CC(Chic). 100
309
1,303
•'
No Par
Cement
pref ser A—No tear
5% preferred......
29%
100:
%«Mar 20
10
Penn G1 Sand Corp..—No par
106
-t
5%
21
102% 102%
403
18%
21
'-•8% :'f 8'_
56%
1*55%
103
:
*4%
38
*28%
50
.,
11%
*%
17%
20%
■'
*48
31
49 !
51
*8%.
1%I
37%
..
95
■t,
A6% Apr> 2
1% Jan 2
19% Apr29
14% Apr 28
Go....2.50
Penn Coal A Coke Corp..
203
2%
-
*18%
*%
18%
•
37
5%
2,403
30%
20%
4%
209
57
36%
37
24%
45
Feb
26
100% Apr23
ParmeleeTransp9rfn_.N0 par
Patlno Mines & Enterprises. 10
Pentclc & Ford
—No par
Penney (J G) Co.:. —-No par
3^899
Jan 27
.
6
Mar
8
*9
:8% Jan
11% Apr-24
Parke Davis & Co
Parker Rust Proof
2
Jan
90
Gonsol Mines....!
No par
Park Utah
—
,
5
17% Jan 20
20Sg Apr 28
Inc..-...—I
103
17%-
1
,
5% Jan
2% Jan- 0
•
7% Apr-22
|ireferrpd. -...—100
5,309
1%
18%
14%-.5
*% v;t%
*5%
■
700
;
%«
■
20%
19
■.
36%
■■ij: 5
*4
4%
5%
25%
*18
5
21%
1%
„
2% Jan
2
11% Apr23
'
18%
5%
24%
5%
8%
.8%
i*8%
I 55%
55%
56% 56%
105%
*101
105% *101
i
17%
*5
*19
24%
-»
30%
*,50
*34
1%
21%
*10
*4
25
*2«*g
18%
37
37% \ 86
20%
*19%
37
5%
*538
2 -5 '
18%
36%
20
6% 1st
_
Park A Tllford
20%
14%'
11%
20%
20%
20%
19
37%1
503
15%
*14
*102
108
®
103%
Apr 20
"Jan 15
Jan 17
18's Feb 25
2
'•5% Jan
1% Jan
:No par
4% couv preferred
100
Paramount Pictures Inc.. —.1
11,309
..Feb
.
;
31
G
l%Mar
Corp—-j
Corp...10
Panhandle Prod & Ref.
■•••;•:
11%
*102
106
*102
1%
18%
13
13
j Prior lien 5s series A
.—..1962
l 40-year 4s series B;————-1962
Prior lien 4.V$s series D
...1978
♦Certificates of deposit-.
Parafflne Cos Inc
95
*15
14%
*11%
11%
20%
36
6%
'
?
*35%
11%
106
j*102
18%
!l8
21%
4%
12
20
18%. *18%
*%
#34
*5
37t4
1
1%
39
20%!
*36%
,t 18's
'
37%
•
18%
19
*1%
1%
*1%
*35%
1
106
*102
37i2
•'
1%
11*4* *11%
ii«4
,20
;*18%
2
*1%
39
*35is
106
*102
16%
56%
,147% .^kpr 463
Airways Corp.5
Pau-Amer Petrol & Transp._5
403
•.
*42%
7
3,109
ht
'
12
!*33
4*11%
17%
44%
148 vJan
Pan American
8 ■>
1%
*%
*%;%«'
17%
>17% 17% ..17%:
44
*44:
43%
*43%
' 57%
.50%
57% J 57
:,v 2
>,
*1% :
*1%
2
:i': .
*!%
1%
!*1%
1%
37%
39
#35% 39
♦la
59
*14%
Aprf4
Packard Motor Car....No Par
9,900
21%
1%
i%
'-'20
20
19%
14%
J-".'1
•
t*l%
lh
ni8
2
i,2
■
16%
53
V"
-
19%
19%
*14%
»
*43
60
591
14%
121,
^100
8% preferred-i..—*—1°0
Pacific Western Oil
103
15%
,*1%
1%<
1%
20
14%
*%
•
17%
4412
4812 M44
1
1%
19%
|
J
918. '
17%
17%
*1.7%
20
*15
<
Pacific Tin CJonsol'd
1278
103% 103 >4
157«
*15
2
509
*80
1.2%
;-i
17%
*15%
1%
Jan
2'Y)
*1'8
05
"12%
12%
101
6,033
21%
i%
22
*89
95
Apr 25
5%
*7
•
•'
1.
•>
*21'
*103% 107
107
U02»2 10212 *103% 104% *103%
:
.
8
;*!'.. ••;:
21
12%
12%
12%
•'
'1%
*80
95
*30
95
•>,
t 12
*!•'
21
1%
20%
74
Pacific
2.;, ',*■ 2%
13 >»
13%
2
'
'
*1
i *5%
2
7% .Apr j12% Sept
7% Nov
1% Apr
25% Nov
i 10
May
.4% Apr % 1558 Nov
,
6% Dec jl% Jan
,17% Dec 128% Jan
! 26% Dec (40
Jan
111
-Feb
19% Aug
•
15
100
.
3
3
!
20
Pacific Telep & Teleg
99
♦1%
5%,tl 5%
; .; 2%
13 '
13%
*5% ;4 5%
2 -i
.128% 129
133%
3
9% Apr 27
Jan 5
(CaJ) .10 ■V 7
15% Apr 28
..-.25
22% Apr 27
Ltu Corp
1N0 par
13% Jan 3
Mills... .Xi—- .Me par
Pacific
703
-
75
6% Feb
21% Feb
.-..No Par
2d preferred:
909
23%
*16%
8% Jan. 27
Pacific Gas & Electric.
2.509
16%
75
75
,
-
Pacific Finance Corp
109
!'
16%
23
*16%. 16%
*73
128% #128
128
1%
5%
2%
12%
*5%
16%
75
16%
*71
129
129
.1 % 11%
2
12%
«
*71
*1%
/
;
5U
2%
16'i
74%
*5%
1>2
*5'8
V
>
16%
l«l2
22%
22%
16%
77%
*128% 133%
22%
23
74
.16%
22%
22%
12%
10:,
16*
-—,>ii-10
1st preferred....-..%iV.o par
349
10
■
12%
'*16~
•
6% Mar 27
4% Apr27
16. Apr 28
Fisheries Inc.. .5
*7%
*4%
7%
5
17%
v-
4% 'A 4%
17 7« #10%
9%
9%
*15%
9% v9%
9%
*7
■'
*9'4
16
16
7
.
228
21%
74%
25
3
24%
125% ,:13
28
101%
2
101%
23%
28%
104
3
125% 128%
100% 104
KH) % 103%
102
104%
-THE COMMERCIAL & FINANCIAL CHRONICLE
Volume 155"; Number 4069
NEW YORK BOND RECORD
1739
NEW YORK STOCK
RECORD
"
Week's
Friday
ft
BONDS t"> *
Y. STOCK EXCHANGE1
r,
N.
Week Ended May I
...•}•■
Bid
Price
•
c>
Asked
&
Range;1
V
Friday's'
Sale
fc
e
Range or-M
'Last
18-Si
i
; ■
'•v-
to
^
Jan.
M S
*116:
High No
121
»]f
■.,£•.Qen-&>ref4%sserles A.
MS
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114
Low
5sr>i>'1974
{Northern Ohio Ry—
*lst gtd g 5s_]
1st mtge g 6s
\
I*
>'■
■
1947
(stamped
Saturday C ; Monday
♦Certificates
of
AO
As
3s
:'•!
Q
reglstered...u.190:
Q
lmpt14 %s iseries
J
""•53 u
J
J
67)^
./
58j
J-
J
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—...
>
Northern States Power Co—
;
99
101
40%
»25
•• 2512
'..♦Is \V4J<
*14 « -Ujj
08
-
83
42
.
%
1.3
54)4
-
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69)4
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59%
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23
as
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h
108
110
1
109)4
109)4 111)4
102)4 102)4
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■
•
li
■
Ohio
Connecting Ry 1st
aVA
1
J
-
108%
110%
2
108%
5
I)
108 %
J
•
J
104
104%
cons
102%
117%
3
'
*
M N
4s...
5s...
*m%
108
D
J
./
J
Guar stpd cons5e
Oregon-Wash RR
55
.
Pacific Coast Co 1st g 5s
Pacific Gas A EI 4s series G._
105%
"97%
J
97
107
112%
112%
106
•
3414
10%
•
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87
D
"111%
108%
*2412
107%
10 0%
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100
F
A
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99
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110%
109
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108 >4
107%
108%
14
123%
102%
105
17
9
1
88 X
87%
88%
51
MM
07%
97%
69
37
111%
<45%
20
*5%
*100%
6%
107%
70%
72%
62%
62%
62
45
Apr
"
J
62 a
61%
S
62 yA
62
D
105 iK
105%
105%
16
104
104
104%
8
Phelps Dodge conv 3%adeb„
J
Phila Bait A Wash 1st g 48—
MN
General 5s series
F
J
General g 4 %s series C
A
J
..
—
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i—
15
■M'1" *108)
54%
Dec
7
4% Mar 15
6% Jan 20
.Jan
2
29% Apr
Apr
12% Apr
12% Apr
30
30
21
28
79
1,200
■
>
$5
conv
>'
I
>
preferred j—No par
63
Jan
478
54%
4%
31%
10%
108% 112
108%
20
91%
22
110%
>;2i
101%
•20
7.3
24
8%
117
2 %
2%
10
J
loih'
1)
3
101%
27%
28
MS
.........
{|*Phllipplue Ry lsts f 4s...
I
J
♦Certificates of deposit....
*
.
Phillips Petrol 1 %s del#-*-.. 1951
J
J
98
>
"
UN
m
107
Ill
'
3
Series G 4s guar.......'.—.1957 MN
A
♦111
+
Z
4)48 —...1964 MN
5s series A
..1970 J D
Gen intge 5s series B.......1975 .4 0
i03H
106
106.4
Gen 4 %s series C— ———1977 J
102
106%
101
J
1950 J
V
1st mtge 4%s series B——'—1950 J
100X
D
L
.Pitts Va A Char 1st 4s guar... 1943 UN
Pitts A W Va 1st 4 %s ser A—.1958 J
_
-
:
.
100%
*97%
97%
L
62%
1st mtge 4%s series B...—.1959 A O
1st mtge 4 %s series C
1960 A O
62 H
1948 J
J
L
110,
4'
'*•
MS
18
105
:
f
J
.Potomac El Pow 1st M 3%s.—1966 J
Pressed Steel Car deb 6s—.«^ij.951 J
J
3
Ism
18%
-
-
'i -«'w »'
J.
-
100
..
30%
>
MN
{♦Providence Sec guar deb 4s.
{♦Providence Term 1st 4s."——1956 M S
J
J
J
107%
2%
5%
8
5%
4 r
-
A
'
>*4%
*83%
J
<
110
-
a'
♦143
..2037 J D
L-
*218.
*06
.57
*27g"
27g
3
*36%
116
42%
2%
*86%
*%
7g
6%
6%
6%
7
2'g
89%
6%
.7%
4%
4%
21%
*20% ■•-'■21;
4%
4%
.
.
-
*%
%e
"""366
:
'is;
900
1
6%
•
400
7'8
2,900
18%
19
18%
19
20%
20%
20',i
20%
31%
32
31%
32%
27
44%
5%
4 4h
55g
3%
*3%
i 4%
<4%
*25
•
4%
4%
27
*26%
27%
27
4,800
"
21
211
21
2r
1,900
Stone A Webster
2,900
Studebaker Corp (The)
437g
500
Sun Oil Co..;—
280
Class A pref
1,100
Stokely Bros A Co Inc
1%
1,200
1%
9%
9%
*19%
21
4%
21%
21%
21
21
"3466
'
21
4%
'4%
*4%
4%
4%
11
26
—
CO
CO
w*
; a
40
*5%
-i-
*378 *>.- ,4.78
?■
*32
1
3%
33
2%
;
;• •
'
6
*%»
.
»u
9%
*8%
8%
•
•
■
;•
r
*34
*63
108
*11
2
107%
3
,
7%
.
1. ;•]
110
.....
3
87*.
105)4 107)4
O
109%
109%
3
104
104% V" 2
•4
r*2%
2%
j
*3%
*30%
2%
*5%
10
4
»:
■?
6%
11%
9'
80
80
-V
108)4 110)4
108)4 109)4
103
105
R
4
0
J
74^
80 '
•»
74%
-79
74% V 26
41
80%
*8%
1,700
3,300
Texas-Gulf Sulphur]..No
4%
7,300
9%
500
*6i»
200
900
36
*32
36
7
2%
*2%
2%
45%
45"g
3%
3%
*30%
•""266
3%
1997 J
;
J
79
8
79%
100%
102
9
100%
102
102%
Pur mon 1st M conv 5)48*—1954 UN
103
103
106%
Gen mtge 4%a series C
103
102%
103
■
For footnotes see page 1741.
t
<)4%
Dec
Dec
31%
Feb
Feb 11
Sept
150
Mar
27%
Jan
13%
14%
19%
36%
Sept
Aug
July
Nov
37%
Oct
2
Jan
6% July
July
22
July
39% July
38% July
69
60
Dec
7
G78
57%
40%
117%
Aug
Dec
48%
Deo
De.
6 'g
Jan
Jan
Aug
8
8
15
Dec
47%
6
7n Jan
Dec
111
6
3%
108
Dec
4% Mi
Dec
Dec
21% Mi
22% M
177g Mar
25% Nov
25% Mar
33
Feb
34% July
467a Dec
33
De
48% Aug
29
De
40
Jan
51
;Dee
66
June
4%
Jan 5
4% Jan 27
120
8% Jan
6% Nov
Dee
3% May
4%
5
Feb 21
De.
3% Dec
50
9
3
Jan
Jt
7s
6
55% Jan
Ju
1%
8 «4
33% Jan 3
34% Jan 16
56% Jan
5i j
t
113%
10%
22% Feb 5
27% Jan 6
42% Jan 2/
5% Jan
J
June
% Nov
1% Jan 6
11% Jan 14
13% Jan 14
Apr
117% June
8% July
8% Jan
06% Dec
126
July
57g Jan 14
15% Jan 9
3%
Dec
9
Jan
12%
Dec
21
Jan
1% Jan 14
1%
Deo
Dec
13% Jan
19% Mar
3
4
3%Ma*
6
25
Jan
9%
16% Nov
3
26
5% Jan
2% July
18% July
23%
Deo
Jan
5% Aug
25
19% May
16% Deo
0
24% Sept
3% Deo
24% Jan 28
.
778 July
Therraold Co
61
Aug
Thornpson-Starrett Co.No
par
100
$3.50 cum preferred-No par
Tide Water Associated 6il—10
2
10% Jan
18% Apr 29
10 '8 Feb
Mar 28
95% -Jan
34% Jan
8%
10%
8%
90
90
•28%
29%
34%
34 %
34%
1,100
'•4
34%
■! 4
*83
30
~
*4
4%
1,900
*8%
8%
500
8%
1*8%
*10%
11 "
*10%
1*906
11
i
%
61
Transainerica Corp.;
2
Transcont'l A West Air Inc..5
Transue A Williams St'l No par
78
2,400
200
MOO
Truscon Steel Co.10
20th Cen Fox Film
CorpNo par
V.I60
*61
64
*11
11%
014
11%
"8%
i 8%
8%
8%
*20%
21%
2%
*20%
*2%
39%
*37"
39
38
38
38
5%
*5%
"5%
i*o%
30%
29- : 30% :'■ 30
31%
8% r*8
8% 77 8";, . 8%
8% •:* 8%
59
58% - 59
59% > 58" > 68%
58
59%
*108% 112 : ^108 >2 112
*108% 112
112
*107%
*102% 103.)
102% 10).
102% 102% *101% 102"
10%
10->8
10%
10% *10%
10%
10% 10%
*67%
68%
68% 68% :-;.68% 68%
68% "70%
*76% -79 ! ,-76% ,76%
76% 76%
76%. 76%
24%
24%
24% 24% v 24% 24%
*24% 24%
27% 2778
27% 28% >26% 27%
26% 27l2
30%
130
*35%
3d
V 5%
'•
:-
36'
5%
•
>.
2%
36%
•,.*5%
36%
5(4
0%
v
A
.
--
-
.
38
'
'
878
2'8
30%-y 36% ) 30%
*8:
7
par
,7% Jan
19% Jan
Twin City Rapid Tran.No
par
1% Jan
2
2
2
2
-
7% preferred
Twin Coach Co
,
•79
•
82
94
-
93-•
V.; 8%
.
80
97)4 1011
102
104)4
*L1%*.1IS4
*106% 110
i
*38"
39%
4
104)4 106)4
34
*16.:
18
101)4 104)4
600
31% -31%
8%
8%
60
59%
31%
2,800
8%
1,000
60%
8,100
Union Carbide «fc Carb.No par
108% 108% *107% 111%
102 • 102
101% 102%
:10%
10
10%
10%
697g
70%
69'8
70%
30
Union El Co of Mo $5 pfNo par
Pref $4.50 series.No par
•59%
.
.
*:
-A
16,?
...
.1
%
4
Dec
Dec
6% Mar
% Dec
60
Dec
4
2
Feb
9%
5
9% Jan 27
Jan
May
16% May
,114
18
11%
51%
10%
2
75
33% Jan 20
,
,
j
,
,
7% S
11%
i
9% S
24
4% Dec
6% Jan 29
.
5%
17%
1%
27%
9%
16
6
Dec
:
99% :
35 -g g
Feb
%
3% Jan 13
287g Jan 2
7'g Apr 1
58
Apr 28
108% Apr 4
100% Mar 24
ilO May
1
63% Jan 2
Dec
8%
22% Jan 27
40% Feb
Dec
95% Aug
27% Feb
37% Dec
6
23
•
210
U nder Elliott Fisher Co No par
Union Bag & Paper.]..No par
93-
•:
8%
I-
93,:
8%
•
93 '
*'
92
87g
Uuton Oil of California
.25
1,400
Union Pacific RR Co
100
1
100
75
Apr 13
1—No par
24
Apr 20
78%
76
76%
500
24-
24%
24%
24%
1,800
27
27%
27
27
927g
927g
16
| *14
" 17.
%'V>., I4
13%13
-13-g
;
:-#!2 -KiS
For footnotes see page 1740..
| *15%
'
'4
13
'
93
87g
11%
.
9%
9%
-
'
927g •927s
9
9%
12
*11%
*11%
1178
*106% 110
*106% 110
37
37'
j38
38-;
17
17,
17
*14%
*14%
'a
%2
&16
I
%
13lo
14
14
13%
14%
11%
110
'
I 9
4% preferred
Union Tank Car
5,800
United Aircraft Corp;
1,500
400
5% conv pref
100
Un Air Lines Transport
..5
United Biscuit Co..—-No
'"266
United Carbon Co.. >.-.No par
37
United-Carr Fast Corp.No par
46
United
l
4,600
'
38%
■r.i
3,400
*76%
.
11% 11% t 11% *11%
*106% no. *106% 110
*106%
*38'.': 39% '. *38 ' • 39% ,*38-
% y.%
13% -13% ..,13%
21% Jan
'
5% Apr
:_100
5%
*8
.
93%
,,+
4%
6
9% Mar
Jan 19
Feb
£
J
]
J
e
,
U
"'
•
-f'8-% 7 "'83g
67% Mar
11
6;
S
£
34
V 7
12% Mar 17
1
Jan
2
6
5%
5%
II
i
Dec
24% Nov
2
43% Jan
Feb 18
$1.50preferred...;..No
310
% Mar 14
61
Apr 29
4% Jan
10% Feb
»w Feb
Deo
May
1%
J
40
June
3% June
7
5
13
5
9
5
6
6
Feb
22
! 27g
"
85
28% Apr 17
34% Apr 17
U
Jan 28
I 77g Apr 27
i 8% Jan 3
Trl-Coutlneutal Corp.....<..1
$6 preferred
.....No par
Truax-Traer Corp..No par
-»i«
61
*6
♦U
$1.50 conv pref..a..No par
Timken Detroit Axle
10
Tlmkcu Roller Beariug.No par
6%
-'1816
%
8% Jan
i
Jan
32
38
3% Jan 12
6% Jan 20
.
De
Dec
3%
30
•
14
10%
44%
4%
60%
5%
5
5
600
*'16
*8%
8%
Feb
5% Dec
28
1,400
%
10%
8%
*']«
-27g
"*20% ; 21.
Jan
27% Jau
38% i
7:'4
6%
3%
Mar
18% Apr 23
t !%a Mar 27
"~505
Jo
4% J
Dec
2
3
19%
Deo
5% Mar
31% Feb 27
Jan
<
Feb
2
9% Jan ""
41% Jau
50
,
9 >g l
46 g
30%
6
4% Jan
1% Apr 16
} 5% Apr 22
Deo
5% ;
38%
3%
34%
6
27
Jan 10
19%
2U2
*19% ,21i
*2%
2%
6
19%
•
61
6%
11%
6%
Jan
Dec
6
11% Feb24
3% Apr 1
30
3
578
•*8%
35
-
110
preferred
Third Avenue Ry„i
100
Thompson (J R)_—
25
Thompson Prods Inc..No par
39% Jan
2%
-
%
conv
!'
1%
347g Jan 14
19%
4%
*11
8% y 8%
""566
1
27
2% Jan 3
9% Jan 16
*519
4
'8%
11
*10%
1
$3 dlv
34
—j...... 100
3% May
Deo
4% Feb 25
32% Feb 2
6% Jan
5% M ar
4% Apr
7% Jan
j 6% Apr25
38% Mar 27
2% Apr 28
41v Jan
"
—
Preferred
Apr
20
7
2
28
15
28
*2
*29
"
/
Thatcher Mfg. Co..;..No par
$3.60 conv pref.....No par
The Fair.......No par
400
7% Jan
30
Apr
2
Apr
28
par
Texas Pacific Coal &
Oil—-.10
Texas Pacific Land Trust
...1
Texas A Pacific Ry Go
100
700
,
Apr
5%
*84
-
1956 MN
,3
2%
29
•S%
*6-' :-y 6%
34
8%
*'
1956 / J
Republic Steel Corp 4)48 ser B.1961 FA
Apr
Aug
'
*20%
*2%
67% :76%;
78)4 "=82)4
"
.•Remington Rand deb 3)4s
Dec
54%
i*5%
"8%
*4
*11-11%
•
•*2
86
35
-
6%
33%
2%
57g
29
"
*11'
9*100
2%
28%
5%
457g
:*3%"
*30%
*84
4
■
„
31%
•
Apr 11
1% Mar
9io
7%
:*2'«
10
8%:
32
*410
I 4'2' ""4%
9% "9%
*44'g
*1834- 19%
lJ«r" ' %«
;
i 4
Texas Co (The)
.———25
Texas Gulf Produc'g Co No
par
30%
31%
*6%
*33%
3%
•
—
50
'
46%
.
(James)!
'
J
3% Apr 9
20% Apr 30
19% Mar 11
4
Mar 26
Corp..
Tennessee Corp..—;.
"
77s .; *8% k 8%
11 >
•*10% .11%
Z**ii
*'*•% ' 1*JJ
62%
61% 61%
*10%
'>■*%
•
•
8
'
• 3
46
;
4)4s series A—._
17% Feb 13
" '
Mar
17%
3
Jan
Jat
2
28
1.16% Aprl3
4
Apr 11
121
■12% Apr 23
1
Apr 28
VI ay
9%May 1
100
5H% parti j pref.L
Telautograph Oorp.L
107)4 108)4
90
'; 95)4
3
7)44
216" 216"'
J
4 !
62%
6%
'
.-.:n%
"5%
4^4
4%
29% •7 29.7- 29
35% ---35%
35%
778
*710
200
178
2%
*2%
2%
28%" 28% 7*28%
,*5i2
5%
*5%
*97g
10%
*6%
7%
*33
.37
"
4'
34
*1%.
3
78)4
.
225
2%
30%
28%
*5%
•
29%
34%
Talcott Inc
4t8
'
*32
34*
'
>65
*6
120
'
•
^1% "17g
8
*7%
"
L-49% .-*46
49%
3%
3%
3% * 3%
*30% 34*. "*30% 34
*2% •• 7 2%
2% h ■ 2%
*5% • 578
*5% v 578
*18%. 19% *18/ -19%
'"••*%:
%::;.%
*9.
10
*8%
9%
29-'
.
34% >'.34%
4
4%
*,77g *8%
*10%
10%
107
3
*4
4"g
*32
31
: 2%
2%
28
c
29
119
*2-r»8
*46'
1*4
,
35
i30%
30%
2''2
28?8 7 28-':>28%
*5%;
5%
5%
3%
4% •
,434
4% •• 4%
•9%: • 9%
..9%' 9%
*6% i 7%
*6%7%
*35 / • 39
*36% 3914
'28%
8% I?. 8%-.: -8% .•' *8% :, 8%
86% *83"
86% '•*84-'-86:.
-
Ah
*1%
"l"g
*7% ' 8
-
8
k-'-V '9 i
*4
*32
;
•t
35-
%'•••• 1%
•30 7.
30%
30i2
•
19% r19%
v
64)4
64)4
*
•
:3
,49%
834 ?-878
*19% -21
*2%
• 2%
Service of Nor 111 3)4s.l968 A
Reading Co Jersey Cent coll 4s. 1951
Dec
•
27%
Jan
I
3% .vlar
'
Apr 16
Swift International Ltd
Symington-Gould
May
27%
Jan
4
43
(414% cum) 100
1,900
4%
1
8
6
5
j)
3% Jan
Apr
No par
1,500
-
11% Feb
19% Feb
23% Mar
Mar24
49% Jan
2
Jan
5% Jan
1
.
Jan
2
113
Apr 28
30% Apr2)
25% Apr 28
257g Apr 21
42
Apr 21
No par
.
Dec
Dec
8
"
110
20
Superior Steel Corp
100
Sutherland Paper Co. .• -.10
Sweets Co of Amer
(The) 12%
Swift A Co—J
u ..'—25
200
500
'
*3%
Apr 9
*i»
Superheater Co (The)..No par
Superior Oil Corp..L.._
200
16%
Feb
114
% Apr 25
'
Sunshine Mining Co
5,500
4%
13
1.1
i
Sterling Products Iuo—i_„10
Stewart-Waruer Corp....„.
118
80
Mar 14
4%
4%
a,
Mar
18
1,200
Aug
HO
6
45% Jan 14
38% Jan 6
Apr 28
1,000
Feb
June
120
Jan 24
Jan
Dec
1%
13
5
Feb
Jan
zl3
4% Jan
5% Mar 26
4%
21
'
par
5%
4%
■I
par
3%
13
9
Mar 24
20% Jan
31% Jan
28
6
*3%
4%
Apr
>
5%
118
par
257g
45%
*42"
18g
35%
50%
178
3%
00
t
257g
4%
13 >8 Jan
MarlO
par
45%
*5%
4%
10% July
2% July
19% Aug
23'g Deo
Apr28
prior pre! J..No par
3%
20%
20%
.
cum
46
■
18% Nov
Dec
37
Apr 20
2% Apr 29
90% Apr 22
No par
27
100
,
35
Standard Oil of Ohio
.25
Starrett Co (The) L S—No par
2,200
Feb
7%
144% Jan
20% Jan
12% Jan
2% Apr 1*
Apr 27
2
25% July
13%
2
49
Standard Oil cf Calif ..No par
Standard Oil of Indiana
25
Standard Oil of New Jersey 25
26,700
27%
■
$7
10,200
3178
'
10
*9i2
*18%
■
7g
■
19%
*3'8 >' 4%
2078. 2L%
>
•
•
.
Jan
Feb
60
No" Par
$4.50 preferred
No
Standard Gas A El Co.No
$4 preferred
No
$6 cum prior pref ...No
Jan
114
4
Apr
31 %
...No par
Standard Brands
13,000
112
5
29
16
26
27
10
5
20
2% Apr
15% Jan
Square D Co
29
,__i
5% conv preferred
.100 zllO
Squibb (E R) A Sons..No par
40%
$5 pref series A—.—.No par
111%
1,200
111%
27g
89%
*86%
pref A
Conv $4.50 pref
240
31
conv
Spiegel Inc
2,900
37
111% *109
2V
$3
Feb
Feb
26% Jan
17% Apr28
217g Apr 28
—
60
Feb
95
preferred......No" par
Spencer Kellogg A Sons No par
Sperry Corp (The)
_.l
Spioer Mfg Co....
..No par
200
2%
37
37
44% *4 2
437g
117% 117% *117% 118
4%
4%
4%
4%
*12%
13
12%
12%
1..,
1
1%
1%
10%
*9%
IOI4
10%
19% 19%
19%
19%
*3%
4%
*3% j- 4%
.1
19%
9
6%
*30%
"60)4 ~64%
>21
83% > 78
_
56
*42
■13
*12%
■■
1934
*20%
28?S
334 s
,
62%
92
3,900
*4334
5%
3%
4%
4.%
3%
*3%'-
2<
~
*2%
104)4
■
62%
62%
90
23%
33%
18%
27
43%
*9%-
30%
*37 •;
121
•
""4.00
33%
18%
22%
*31%
18%
"22%
18
*25
3%
;
35T
97)4 100
97)4
98)4
98%
97%
120
-
90'
v
18
22%
*30%
56
1
I87g
111% Dec
2
8% Jan
17
1% Apr2i
2% Jan 6
,
21% Jan
2% Jan
30% Nov
35% Oct
14%
Apr 21
.'
Dec
67g Sept
6
6
20% Jan
13% Jan
5
$5.50
3
l%Mar 6
Apr IV
34% Jan
Spear A Co
9
28% Jan
14
18
100
100
Jan
Jan 28
29
20
17
17
17
60
Dec
5
Jan
9% Apr
10% Apr
127g Apr
25% Apr
2%
*2%
*30
16%
Dec
112
147g Apr
400
Jan
Jan
2
100
Apr
Southern California Edison.25
5% preferred....;
40
Oct
Southern Natural Gas Co.7.50
Southern Pacific Co...No par
Southern Ry..
No par
100
Dee
Nov
Jan
Deo
Dec
10%
2
4% Jan 14
>
57„ Nov
59
4
1
600
5,000
51% Feb
32%
11%
126
.100
;
4
5% Jan 20
Apr 22
22
2,100
20%
•
3114
"26
43%
,.478
99% 103 ;
5
100%
82%
*105%
1
1%
60
14% Jan
61% Mar
Apr
13i2 Jan 6
1% Mar 24
:
Mobile A Ohio stktrctfs 100
Sparks Wlthington—..No par
1%
AM
h
20
26%
25%
1 %
10%
21
8% preferred
13,200
4,700
44
44
*2% '> 2%
3
%
18%
*24
13%
1 %
*32
108)4
25
*101
20
1%
*30
*5% ■M6
6%
6%
i
20%
31% "31%
*l%/vl% :-*i%
1%
>*7'- :'V':8;*7%
8
••••*2%
103%
120
•"!
1%
par
S'eastern Greyhound Lines..5
So Porto Rico Sugar...A'o
par
700
46
10
Snider Packing Corp.;..No
par
300
90%
%
*1.
6%
18%
4
.
*12%
>*37g
1977 J D
.1950
117
*32 *>: 35
.
112)4
102
*107
a
■"•••'
14%
28%
v
111% *109
2%
4% ;■ 4%
*4
4%
4%
43
43%
43%
117% *117% 117%
,;.-*37B,.»478
;
121)4
109.,:.
61
62%
Z
D
14%
3
*86
.20A
3%
4%
>4%
/j SiOm"
.'
106
62
9%
28%
36
*109
6
6
5%
-
4%
102)4
118
;61%
5s series Bj.*".—...1962 F A
5s series C—.-.---.1974
*5%
26
43%
.3%
4
2)4
21
J.
15
19%
126%. 126%
15%
15%
9%
9%
11%
11%
14: * 14%
:-■ 26%
27%
11%
*44
2%
27g
1
*%
1
1878
4%
43%
5'2 A 5%
4h-< 434
*9% , 9-%
■4
^
*14%
15%
9%
in2
1%
36
278
•
20%
■.
4
2878
107
'i-
:
14%
217g
91
'
26%
4
*4 %
*84
4%s A. 1952 MS
'15%
9%
11%
*17
112
h
'31%
42
21%
29)4
118
•
South Am Gold A Platinum
*18%
15
Apr24
3%
31
2
16
Apr 29
'j 9
Apr 15
13% Apr 25
6% Mar 11
Soeony Vacuum Oil Co Iuc.15
12,900
29
%
26
4-%
iii" 112"
0, Z Z
-
118
Gen mtge
15
.19%
19%
126% 133
CO
27«
278
0
*23%
46
:<
*46
3
118
Series J cons guar
25.200
"
47%
35%
6%
31'
19%
10C)4 106)4
»
112
118
"""920
2%
*13%
7
2%
•71% Jan
Apr 29
6
Apr 16
65
2%
l4j%
48% Dec
20
110
6%
*97g
Jan 6
Jan 15
19% Apr 23
Apr 29
.15
Jan
I07g Jan
14% July
Mar
4% Dec
78%
7% Dec
Jan
Mar 17
100
Smith (A O) Corp......
Smith A Cor Type v t c.No
Apr
3
■
7g Apr 14
r
24
a—No par
$6 preferred
10%
14%
7
10%
! 2
J.
Sloss Sheffield SteelA Iron
""160
*13%
;
67g
7%
Skelly Oil Co
17
*15%
"2%
*2%
18
*86-"
21}
4%
"
*110)4
Series H cons guar 4s.......196(1 F
:fK",50
*9%
14
634
*30
29
'
v
*5%
6%
-
.21 T21
:%Z'+"Z
111
Series I oons 4 %s———1963 F A
800
65
113
20 •;
16%
28%
2%
*109
h
*34
1%
10%
102)4102»„
*105%
A
v.
10%
277«
60
278
3
18%
2)4
98
MN
1949 F
20
"65
*111
1%
49% Dec
;
July
% Jan
% July
17
July
3% July
7
2
Jan 29
12
Jan
u Dec.
11% Dec
5
Jan
10
2%Mar 28
:
—
""366
68
20
*16 "
*43%
*1%
'
Series D 4s guar. ..—......194
16
11%
13%
1%
3,200
1
25
;
,
Silver King Coalition Mines 5
Simmons Co.
No par
Slmms Petroleum..;
10
Simonds Saw A Steel..No"par
100
113
*65
*1,11 '
113
9i»
J.
14%
35i2
•
91
20%
6%
Sertes F 4s guar gold.. .....1953 J
25
31
29% 29%
29%' 29%
*110% 116
*110i2 116
*110% 116
*110%
*110% 116
*40% 42% *40% 42% *40% 42'2
4,0% 42% *40%
2014
26
42%
Sheaffer (W A) Pen Co .No
par
Shell Union Oil....;.
15
2,100
12%
•
*7g
"
25
20
21
65
,
2
:
28".!
r 17%
2?«
36
18^4
Shattuck (Frank G) i..No
par
100
•
si 4
>
50
*20
18%
20%
31%
;
Pittsburgh Cine Chi A St Louis—
194
12
12%
25
par
300
11%
2%
*2%
''■"■ 1
*7g
-•:
*934
9%
11%
*1% ?
29*4 - 297S
1
'21%
9
1 '4
2)4
36
'98%
-
]#;
1 /a
98
1
16
i
14
2%
27g
%
6
*17«4
93)4 102)4
28%
8%
2%s——.—1971 J
{♦Phila A Road C A I ref 5s..
«
5
11%
2%
*12%
12%
65
10
*42
60
6'2
t
109)41,11)4
-
34
},;/;•%
60
Apr 14
;
'
278
*10
90)4 105)4
110
11%
12%
25
♦111}:
16%
13%
27%
28
*86
*116% 117
.4 "
4
*12% 13
107)4 109)4-
90%
-.1^
*32%.
s ,
34
39% Sept
112
-
108%
!)1'K
•
v.
23
Sept
17% Sept
94% Sept
115% Mar
Jan 28
6% Jan 27
Apr 29
par
Apr
Sept
June
31 /' Dec
13% Jan
3% Mar 24
2
8
Sharpe A Dohme......No
$3.50conv prefserA.No
200
56
57
?
8
47
113
109% June
107
Dec
Jan 10
1
Apr
June
39% July
i4 Feb
% Apr
6
May
105)4
zi-L*
•-
I''"
5
*53%
*4%
;
.
12% June
8%
6
4h Feb 10
;
Dec
79
36% Jan
116
2% Jan 12
VApr 21
j 47g Jan
,>
109%Mar
44
Corp..;..No"par
Zl067g
19% Jan
16% Feb
89% Jan 15
•
10% Apr 23
par
Inc..—i.—4—__.;_i
Sharon Steel
Jan
;
"
Jan
1% July
4
July
35 A Apr
Jan
1
Apr 16
Ape 17
Jan
i LtMar 21
•
44
110
;
1
Apr
25%
zll27g
106%
:l %j
5
Sears Roebuck A Co...ATo
par
Servel
140
5%
Dec
%«
!5
i..No par
8eaboard Oil Co of Del.No
Dec
'«
7g Jan 27
Seagrave Corp
100
6,000
27
% Feb
3
116)4 120
109%.
"
'
70
*9%
22%, 23
5u
4%
*43%
56)4
61)4
58)4 64)4
104)4 108
118
20Li
"11-
;14'
'
27%
35'
*3%
1981 J D
'I
"""166
347g Jan 27
2
106
par
$4 preferred
"
123g
*7g
■
9i2
13%
3
34
1%
J
..Philadelphia Co coll tr 4%s.. .1961 J
l'hlla Electric 1st A ref 3 %s—
.1/ S
Gen A ref 4 Hs series B
$4.50preferred—.;—Nc
,
500
'
91
f *4 ■
7)4
104
27g
*23%
*20%
6%
67g
178 :V 2
11%
5%
74
67)4
42
Highest
$ per share $ per share
1ji Jan
{Seaboard Air Llne.i—Ara >>ar
4-2% preferred...]..„;.ioo
3,100
"
1
13%
--_i *110"
2-h
*3%
47
3)4
M
...
72 H
•
Year (1941)
Lowest
| % Jan
; 2
Jan
par
50
8%
56
11
•1034
*2%
'
113
1
107)4 107 X
J
10%
25
*97g
*2%
293,
*40
110)4 113)4
37
•
*15%
6%
2!
»
18i2
2012
3078
89
81)4
31
44 %
111
0
*"8
*23%
197g
25
0i2
6'2
97)4 100)4
0
98%
98%
'84%
51
1 '
•
2
11
2%
*2312
J
83
;
-
36
*26
O
84%
=
57
94 %
122
O
J
•
Scott Paper Co.......No
80
54% ,";54%
*3214
*56
*5i,t
101)4 105
107% 111)4
87)4
93)4
97)4 100)4
F A
.Gen A ref
•
8%
8%
.
*4%
34
56
111
90)4
*33
561-
:.
:
103% 111
24
91
10% '10%
: *2%
27g
4%
57
234
10154 104
101)4 101)4
105)4 108)4
100)4 107)4
J
•Public
44
%
11%
2%
44%
'
5)
28
>
*30
3534
105
105 H
.
32
*56
;.*'4
■'...■;
4%
•31%
57
10)
D
♦income 4s
-1st A ref mtge 8b
*10%
2%
*5
18%
22%
33%
104
90%
119%
101%
A
;
23% Apr 28
100
Schenley Distillers Corp...1.5
53^% preferred........100
1,000
6%
*53
-
*3(T>4
*86
109
If.:,
US
—
107g
27g
6%
47g ,'l5 1
547g 547g
•4%
i
434
5
56
32
'£
102%
■
■
22%
*110
1
5
*56
107
A
r'lst 5s extended to.....
•>
414
*12
"•
*53
53%
31%'
103)4 104)4
.4
1st 4)48 series D..—...
'
53%
54;
2178
100)4 105)4
A
1st gen
900
"loo
*«!»•.:-;,l4
44%
*10%
f2%
44%
*8
32%
105
J
General 4 <4a series D..
Gen mtge 454 s scries. IC
1st gen
114
»r« :-y
%
8%
*18"
12
J
Pitts Y A Ash 1st 4s ser A
27%
*
•6%
*31%
31
J
;
fi7g
*s
•
181/
101%
111
0
F
'
8
54
*4l%"46:
»1»4,
1%
*110l2 116
*4014 42'!
102%
11
UN
Gen mtge 3%s series C...
V-
•
231,
32
118)4
101
101H
UN
—
;
-
6,000
82
•'
27%
.10
"
14% *14% -15 •
*14% 15
'! 18%
l8lo" )834
19%
18% ! 19%
133- *126% 133
*126% 133
15
15
15%
15%
15% I 147g
25.
103%
106%
101%
*101?^
105%
J
A
MN
Pitts Steel 1st mtge 4%s
680
13%
*80
114
_
3i«
14%
60
104
.i' w
-'i.
^
1
v'
1»
103%
m%
m%
100H
F .4
;
13'
13%
2,500
1071,1. 1071.1 *107%,—
447g
11
.,6%
40
102»t»t02'i»
D
F
Pitts Coke A Iron conv
114
.27g
44%
44%
5%
*18
98)4 100)4
45
49
,
*115%
UN
F
Series K 3%s guar gold.
27
2214
*3112
60%
5854
1
45
-u
ib
;!<
82'
27
13%
Lead....;
6% preferred.
{St Louis South western... 100
5% preferred...—....100
Safeway Stores——No par
5% preferred
i—..100
Savage Arms Corp..
.5
'
*9% 10%
*1312 J 4%
27%
;
*2%
Pennsylvania Co—
Series C 4%s guar.....
*80
■
1 *126
29%
';
13
*
12
14
82
; ^7« a *2%
8
*16'V37
'
lh
100)4 103)4
7
58%
99
O
-.1
M 8
_v
14%
13
■'
18l2
27
*43
•
105
105
101
58%
S
Par melee Trans deb 0s.
.
$ per share
{St Louis-San Francisoo—.100
29%
106
14%
St Joseph
"'200
106%
14%
29%
29%
.
5;
34 '
*78
*914
934
1078- 11
13%
1312
.
2
—
*100)4
A
M
♦Conv del) 6s
*3
12
*
678
2
*18's
90
ZZ*'*
*105
Range for Previous
Highest
$ per share
Par
7"g
106%
.
*2t2>2%
12% 12r2 ".12% '•12%
147g
,.
6%
I 15
101)4
108%
1()7_"
' *
'
UN
S
<
*3'
29%
106
14
%
*1%
77g
*80
*55)
1034
<
*126i4 133
1578
16
Paramount Broadway Corp—
>
12
%
*%»
'
17
*30
1st A ref mtge
,*1%
113% 113%
107% *107%
;"%
Wt'-1" ^ 12
%
•'. h
10% *10% 1034
]9 34
*50
70
80
; *110':113
*111
78
*16
106)4 108
99 f- 102)4
90
Z>
Paducah A 111 1st
v
Lowest
2,500
24%
*%2
■;
!*26% '27
26%
M
*2312
1934
20
*70
;
107
J
J
4
15
100%
Pacific Tel A Tel 3%s ser B..
Ref mtge 3%s series C.i._
—
,1"*%
7%
V
.13%
»
*24";
24%
*%2
•
-
25
*110 >113
110)4 112)4
107)4 109)4
'
>
90
82)4
45
112%
m%
107^
0
87%
111*
——
107%
103%
ext g 4s.
General 4%s series D
24
%
*113;, 113%
5li
•
:
Hh
12U •12%
*?g - -1
108)4
[Ah
J
1st A ref M 3s series K....
.»•.
Shares
'
.2934 297g.
106% 107
82
f
26%
55
*33t>
*2i2-v 2%
.
420
-
10%
:»
111)4 112 %
112
112)4
104
106)4
78)4
98
.
34
98
.
J
;
.
r
102)4 102)4
—
2
*112
--"-.L
-
J
1)
1st A ref mtge 3%s ser H...1961 J I)
1st A ref mtge 3%s ser I...
J D
1st A ref mtge 3s ser J-—_.
J D
series C
*80
'114:
'♦5
;
1st g 4)4s
131;
*53
*33
102)4 104)4
102)4 103
6U
*13
•-
$ per share
*S'»
v
.*3
.
)30;
13% .13%
12% 712%
26l2
:
*54 "
•
7','"' '.t'.
s
7»g
yi2
29%
P Jv8 .f)% 8 '
*9% ''.10
{♦Pac RR of Mo 1st
§*2d ext gold 5s
$ per share
"
551js
108)4
107
108
♦111^
J
J
A Nav 4s... 1961 J
Otis Steel 1st mtge A
J
4%s_...
g
Week
24
•
:■!*
%
(*1%
106% •i<)7%
82 f
i
:
: *3
A
1312
13
551^
*4% "5 :
H0)4
108)4 109)4
32
4
FA
con g
12
26f2
' *113
i 8i4
*5 *
t
J 08)4
108%
102%
,***•*
I)
Oregon RR A Nav
•
♦108
•'
Ontario Power N F 1st gu 5s..
Ontario Transmission 1st 5S..
Ore Hliort Line 1st
*8
*54
107"" 108)4
35
107
110"
J
J
debentures._..i
8)4
-A%:
;
107 %
S
Oklahoma Gas A Elec 3%g—_
4s
:;
—:uL"-
UN
M
3%s
8
.
May 1
,
US
4s...
Ohio Edison 1st mtge 4s._
1st mtge 4s
1st mtge
''■0k
J
J
•
24
<
:■
%
r
^%
7>% ?.
•
;
*80
114
•
«!«
;
24
23%
i*%
A
10714 10714 *107l4 108
107%
v,r3»' fit?3* ■./'■y 8i%
.73}
■*7n
■■
*12
b8
:*h - h
;*%
*10l2' 11% *io.i2,u% ':io%
*Vi 'r'2%
*2'2'
27g : *2%
4412 44 78'
7
44% 4544%
5%
5% ;>V5%534 ■}i 5%
*'(
.
{§*Og&LCham lstgug4s_.
-
1314
2712
no
O
'
82
48%
109
>
?0I4 3078
108 *108 i
'
45
59)4
58%
(
*<4
'4*3
22
108%
—
<13
277
%
$ per share
Apr. SO
Range Since Jan. 1
On Basis of 100-Share Lots
STOCK
EXCHANGE
,
;
25 '
*1)2.
*1071,1 108 •
12«4 ->27S
"
(Minn) Ist&ref M3%S—...196: F A
(Wise) 1st mtge 3%s
196; M S
N of th western Teleg 4
J
J
%s ext.
•
'
45
39
23%
i75«
58
53%
■
$ per share
the
"
'
■*
■»?ov 307«
73)4
40)4
'
;ni2
^♦3 -
' j 78": t',
72
•
27)4
68
52 H
66%
57%
>57 %a
Apr. 23
STOCKS
NEW YORK
Friday
..
A
7
82
■'%> 1
Apr. 28
f
%'•(-;(>•■;».,<
.
54
75%
72%
t 43%
.
Thursday
.
$ per-share
-
-V
40%
J
204< J
A.
Ref & lmpt' 6s series B
;
.204:
Ref & linpt5s series C
.204:
Ref & lmpt 5s series
D...i..204:
% per share
:ai9'.f
*27)4
,43
Wednesday
High
113
:
72
:•
43^
Tuesday
Apr. 27
'
iH
74%
J
J
V
Q
Jan 204:
registered. L .—:■_ ]£;]. .204: Q A
Ref &
119
V
NorthPaclftcprfbr'llen4s^l.i.l99',
■«
■
deposit.......
Gen lien ry & Id g 3s
-
.
Low
112
can¬
cellation of guarantee)...... 194(
,
c
*97H:
O
A
'W
!
Sales
for
1
Apr,25
Railroad & Indus. Cos.
(Con)
.North ,Central gen A ret
LOW AND H/OH SALE PRICSS
a
.V Since *,
aa us
par
5% preferred....i._——400
100
7,600
5,900
Corporation;..No
$3 preferred
26% Apr3J
89
Apr 17
—5
par
...No par
77g Apr 17
9% Mar 10
104% Mar 21
May
1
Jan 27
7« Jan
2
12% Apr 14
9% Jan
74% Jan
27%
112% Jan 12
108
Jan 6
13% Jan 29
77% Feb 5
8L% Feb 6
30
Feb 24
Dec
7
Dec
60
5
3
Feb
zlll% Jan
106% Dec
11% Dec
Dec
80%
24%
Dec
31
28% Dec
9% May
11% Apr 21
Mar
5
42% Jan 19
20
Feb 26
% Jan 5
16% Jan 15
16
85%
73
6
5
112
112% S jpt
57% Dec
11% Jan 28
y36% Jan
104% Jan
37% Sept
12% Jan
79% Sept
115% Nov
87g Dec
108% Dec
<
44%
Sept
Jan
Jan
July
Jan
17% Jan
14% July
113% Feb
35
Dec
52
15
Deo
21% Sept
1% Jan
30% Jan
%«
Deo
13% Dec
Sept
THE COMMERCIAL"& FINANCIAL CHRONICLE
NEW YORK STOCK
Monday, May 4, 1942
NEW YORK BOND RECORD
RECORD
Friday
Week's
~
iSaturday
Monday
Apr. 25
Apr. 27
1
AND HIGH
Tuesday
Apr. 28
STOCKS
Thursday
Wednesday |
Apr. 29
.
Apr. 30
Lowest
2,900
300
100
1,400
30
51U
4
94U
12%
378
94U
12%
Par
■
—No par
Mer&ManuInovtc.l
—10
U S & Foreign8ecur...JVo par
36 1st preferred.
No par
U S Distrlb Corpoonv pref .100
35 preferred
United Paperboard
U S
5
397„
♦4%
*34
25%
25%
*2%
2%
*8
23
U
*2678
29
U
*20
21%
U
84
,
15
15%
65%
66%
38%
38%
*58
59%
46%
47l.|
*110% 111
15%
16
*41 %
43
42.:
Apr 20
May
1
tU S Realty & Impt—No par
Co———10
preferred
10d
U S Rubber
8% 1st
U S Smelting Ref
& Mlu
Preferred
—
50
50
;7
2
Jan 20
Jan
99
2218 May
2678 May
20
1
1
Apr 27
84 Apr 17
;
13">8Mar
0
Mar 10
54
37U Apr 17
58
Apr 28
45U Apr 28
xllOU Apr 30
Preferred.
...... - - -100
15i2 Apr29
U 8 Tobacco Co
No par
39U Mar 27
7% preferred
25
A7o par
U S Steel Corp
1
5
», j Apr 10
% Apr 15
No pa;
Corp 1
.No pa;
39U Apr 14
United Stockyards Corp
A
United Stores class
36 conv preferred
Universal-Cyclops Steel
133s Mar 28
Universal Leaf Tob..
4U2 Apr23
100
8% preferred
Universal Pictures 1st
pref. 100
ff*Rlo Grande June 1st
Sept
Apr ~t
j|*Rio
Dec
♦1st
10%
Dee
117
Jan
Jan
Deo
Apr
14«4 Nov
Dec
3is Jan
238
Dec
4% 8ept
4
July
83
Jan
5
Feb
7*4
37%
1134 Jan 26
48UMar 4
172
Dec
9U
Dec
Dec
170
634 Jan 14
:;j
Apr
47g
397s Mar 28
33
34U Jan 27
378 Jan 20
20
F'eb
July
9'g June
June
St Louis Iron Mtn & Southern—
*§Riv & Q Div 1st
43 M
74%
43 %
85%
3l7g Aug
34'g Feb
26
Sept
St L Rocky Mt & P 5s stpd... 1955
61M
61M
{♦StL-San Fr
lien 4s A....1950
15%
16%
2U July
♦Certificates of deposit.......
♦Prior lien 5sseries B....... 1950
15 %
2812 Sept
103i2 Sept
65's Apr
76% Jan
♦Certificates of deposit
♦Con M 4 %s series A
.1978
♦Ctfs of deposit stamped......
16M
16
17 M
17M
17
*
% Dec
I3i2
Dec
Dec
58
Dee
3
47
Dec
105
7034
pr
g 4s
16 M
16 M
16M
1989
C?78M
Nov 1989
81
74 M
JSt Louis-Southwestern Ry—
Jan
♦1st 4s bond ctfs
Jan
♦2d 4s Inc bond ctfs
Dec
Dec
130
Jan
§*lst
term &
42
5
Mar
x50% Nov
♦Gen
& ref g 5s series A..;. 1990
71H
47%
25%
St Paul & Duluth 1st con g 4s.1968
♦78M
1
46i2 Jan 14
33%
7
s8
Dec
1%
"u Jan 19
44
Feb
9
7u
Dec
1U
42%
12
Dec
May ;
,
62
Jan
Jan
Sept
64
t*st Paul E Gr Trk 1st 4%s—1947
t»*8t P
KCSh Lgu 4)48.-1941
Jan
Sept
16%
unifying 5s....1952
140
May
157
Jan
133
Jan
162
Oct
■
50 %
27%
83 M
2%
2%
10%
St Paul Union Depot 3%s B...1971
S A & Ar Pass 1st gu g 4s
1943
10%
San Antonio Pub Serv 3Ms...1970
437s Nov
►
74
16 %
105U
19'2
11934 Jan 13
Jan 21
St Jos & Grand Island 1st 4s.. 1947
St Lawr <fc Adlr 1st g 5s......1996
2d gold 6s
1996
84
Dee
159
Saguenay Pow Ltd 1st M 4%s.l966
Jan
*70%
69
Apr 39
14%
St L Pub Serv 1st mtge 5s.....1959
43U
147
14
C yJU.::-'-7H
1941
RR4%s Btpd
Oct
Jan 19
Apr 2 4
I
.....
.....
rf72 %
Dec
142
*"109%
*109%
♦107
.1933
25U Dec
18% Apr
5
6
6
22%
{»'''
♦Certificates of deposit
f *St L Peor & N W 1st gu 5s..1948
20 U
14% Jan
52% Jan
150i2 Jan
52 %
21%
•?
10«4 Sept
2
Jan
%
Apr
4
1
100%
61-^-'6149
& coll trust 4s A—1949
Jan
4% Aug
30
Jan
con
j J*Rutland
33'2 Aug
2512 Feb
24
13
69l2
183
43
Feb
5534 Jan
1
Oct
July
Apr
5412
71
93%
19
,
Feb
7
173g Jan 14
72'2 Jan 16
51U Jan 14
Since -
.
Dec
Feb
Feb
♦98 H
58.1939
5r>8
24i2 Jan 25
1
Mar 11
Range
Jan.
High
2>8
10"-8 Jan 20
111
gu
Grande West 1st g 48—1939
1977
3%s series H——1967
Gen mtge 3lis series I. ....1967
Gen mtge 3%s series J
1969
tl*R I Ark & Louis 1st 4%8_.1934
t*Rut-Canadlan 4s stpd
...1949
79 \ Dec
May
2'2
7
Friday's
Bid &
Asked
Low
Gen mtge
Jan
100t2
8'g
0
Price
Range or'"-
''
Roch Gas «fc El 4 Ms ser D
53g July
42 '•
4i8 Feb 27
Apr
2U Apr 28
100
20
10
.1
4'8
Feb 25
par
A
60
Sale
Railroad & Indus. Cos. (Con.)
Revere Copper & Brass 3 %s— 1960
33g Sept
51
Nov
15>8 Jan 30
23
par
par
; 35
87
7% Apr 2 8
50
*338
30-
Feb 5
72% Jan 3
5U Jan 16
10G«2 Jan 17
6 '2
ne
Deo,
20% May
„
Mar 27
7
U S Leather Go
M% conv preferred
Alcohol .No
No
Partio & conv cl A—-No
Prior preferred
8 Pipe & Foundry..
8 Playing Card Co
8 Plywood Corp
5
9
Jan
159
5
5
<
138
'
Last
Highest
share % per share
27gJu
234 Jan 10
j 50
Jan 10
17
U 8 Industrial
*102% 109
*%
2% Apr 17
3 per
6% Jan28
S
77i2 Apr
v
100
Mar 12
*3
.')
4X2 Apr 27
34 >4 Jan 30
2 Co Apr 28
8%
22%
(37gMar 11
28U Apr 14
51
Apr 27
>; 3-U Apr 30
93i2Mar27
1184 Apr 28
par
Co
7% preferred
U 8 Hoffman Macti Corp
1«4 Apr 28
36U.Apr.17
?
-
Freight Co...—No
U S Gypsum
160
<5 per share
t
United
♦159
S per share
}4i2 Apr 15
United Fruit Co..-..-No par
2«4
83U
20%
♦2%
♦78%
*19%
**.«»
United Drug
Inc....——.6
10
Preferred.....—
100
United Electric Coal Cos..—5
United Eng & Fdy.'.i—5
Lowest
Highest
United Dye wood Corp
United Gas Improv't. .No par
3»2
*3
♦
i
Shares
4%
4%
•
:BONDS
N. Y. STOCK EXCHANGE
:
A .*>'■ Week Ended May 1
May 1
share
4%
2
*36<2 37U
KT-
Range for Previous
;.V Year (1941)
EXCHANGE'
Friday
*1'4
51U
On Basis of 100-»S7iar« Lots
SALE PRICES
X per
4%
*28
Range Since Jan. 1
NEW YORK STOCK
L0W
103
103
I00*u
100%
Santa Fe Pres& Pheu 1st 5s...1942
Scioto V & N E 1st
•
VadscoSales....
Preferred
Vanadium Corp of
Van Norman
Mach Tool..2.50
Inc
Van Raalte Co
7% 1st
No par
-'00
Am.No par
5
preferred....—.100
9
x*3» Jan 30
6
3
2
24% Jan 7
112% Jan 12
115% Jan 30
% Jan
2
Jan 20
29% Feb
♦Adjustment
15
Apr 2 8
20% Jan
1 l%Mar
{♦Refunding 4s.....
8% Apr 22
19
Mar
--5
Vleks Shreve & Pac Ry—100
5% preferred
400
1
53<4 Feb 19
4178 Jan
5
20
May
1
No par
1
Jan
2
Chemical Works
Va-Carollna
Chem
6% div partlc
preferred.100
pref...No par
Coke 5% pf 100
Va El & Pow $6
Va Iron Coal &
Virginian Ry Co
6% preferred.
25
25
Co.—-100
Preferred
100
Vuitee Aircraft Inc..
1
SI.25 preferred
No par
Vulcan Detlnirtug
M ay
55
1950
..Oct 1949
5s
....1959
♦Certificates of deposit
♦1st cons Osseries A
1945
♦Certificates of deposit
25% Jan 19
2% Jan 19
30
Apr 22
Victor
1989
1950
gu
22
30
Vick Chemical Co..
4s
tSeaboard Air Line Ry—
{♦Ist g 4s unstamped..
§♦43 g stamped
J}*Atl & Birm 1st
6
gu
4s...1933
Jan 19
t♦Seaboard All Fla 6s A ctfs...1935
♦6s Series B certificates
22% Jan 8
111% Apr 23
14
Jan 3
1935
Shell Union Oil 2 Ms debs
1954
2%ssf debs
1961
l§*Sllesian-Am Corp coll tr 7s.1941
Simmons Co deb 4s
1952
Skelly Oil 3s debs
Socony-Vacuura Oil 3s debs
115% Feb 25
19
Jau 2)
1950
Apr29
27% Mar 31
29% Jan
7
South & Nor Ala IIR gu 5s
1963
90
Jan 15
96% Mar
5
South Bell Tel & Tel
1962
120
Mar 11
24
8% Apr 14
21
Apr 24
31% Jan 20
138
Jan
1964
3Ms
3s debentures
9
1979
Southern Colo Power 6s A
10% Mar25
Apr 1
1947
25
Southern Pacific Co-*
4s (Cent Pac coil)
..1949
48 registered
..1949
1st 4Mb (Oregon Lines) A—.1977
Dec
Dee
978
22U
96i2 June
1055g
6's
Jan
4
Mar
5
5
102
458 Jan
34
Feb 28
15i2 Jan 22
>
3
2512 May
X1234 Feb
3*8 Jan 20
2>4
Dec
"it Feb 18
14
13>8
Dec
2«4
83
Feb
Jap
1914 Mar 25
578 Jan 3
74
Jan 16
Apr
Apr
Jan
36
Sept
J5«4 Sept
63g Sept
11# June
26"4 Sept
6tg Dec
77
Dec
Feb
Vz July
2114 Oct
25
Feb
38
14
Dec
23^4
10%
10'g
Dec
Dec
1%
Dec
6
80
Feb
1634 Mar
65% Mar
88
51%
80 M
88%
82%
86
South Pac RR 1st ref guar 4s. .1955
01%
Southern Ry 1st cons g 5s
Devel & gen 4s series A
88%
60%
70%
92%
*98
I
13%
♦2
i
*4%
65%
Mar
Dec
107% Jan
117% Jan
20% July
Apr
Deo
Dec
5%
22%
18%
34% Jan
36% July
Apr
Aug
112
65
100
Aug
July
Jan
85
Dec
Apr
Dec
14
10'4
13%
3%
10%
2x4
Jau
Dec
Dec
2>8
Dec
3034 July
76
Jan
15% July
17% Jau
8% July
5-Xg Jan
41
Feb
Dec
Studebaker Corp conv deb 6s..
1945
Superior Oil 3 Ms debs..
Swift & Co 2%s debs
1956
196i
101% 103
•
Dec
1%
3%
Apr
Apr
Dec
Dec
Oct
2% May
2'Xg Jan
6% Dec
7
Sept
1%
1953
2H debenture...
5%
4%
4%
60%
109%
19%
58
117
23%
Dec
98
Mar
85
22%
Dec
Dec
16
21
15%
10 "s
*110% 140
*100% 129%
Jan
*47
51
47*4
Dec
+46
51
50%
Dec
♦8!
85
86
Apr
50%
Tenn Coal Iron A RR gen 5s. .1951
.....
.....
30%
30'2
♦76
*8's
85
:
8-x«
17'2
17%>
IDs
ll'g
*11214 115
*5'8
534
31-Xs
313.i
*797g
+120%
J.Uil *88
Texas Company
105%
3s deb
1959
i
110%
,
105%
1965
debentures
108%
109%
*102%
Texarkana & Ft S gu 5%s A...1950
^
122
108
.....
Ref & Impt mtge 3%s ser B.1974
104%
102M
90M
105M
105%
Texas & N O con gold 5s
1943
101
101
101
Texas & Pacific 1st
2000
100%
100M
101%
1977
68%
68
1979
67%
66%
..1980
67%
66 M
gold 5s
Gen & ref 5s series B
Gen & ref 5s series D
Tex Pac Mo Pac Ter 5Ms A... 1964
.....
Third Ave Ry 1st ref 4s.... —1960
52%
61
Jan 1960
13%
13%
♦AdJ
5s
J*Thlrd Ave RIt 1st g 5s
income
1937
.....
103%
*
69%
67 M
07%
103 M
52%
14%
100
Tol & Ohio Cent ref & impt 3 %sl960
Tol St Lcuis & West 1st 4s.... 1950
86
1942
Tol W V & Ohio 4s series C
Toronto Ham & Buff 1st g 4s.. 1946
Dec
77 Sept
115
Nov
33% Jan
34% Jan
2534 July
147
Aug
130
July
73% Aug
75X4 Aug
122
July
80
Jan
Trenton G & El 1st g 5s
1949
Trl-Cont Corp 5s conv deb A..
1953
1971
l§*Unlon Elec By (Chic) 5s...1945
Union Oil of Calif 3s deb
3s debentures.—.—
25
cl B..1
-100
Young Spring <fc Wire-No par
Youngstown S & T
No par
Yale & Towne Mfg Co
Yellow Truck & Coach
Preferred—
1947
.109%
34-year 3 Ms deb
1970
35-year 3 Ms deb
..1971
ltef mtge 3%8 ser A.
1980
United Biscuit 3%s debs
1955
United Cigar-Whelan Sts 5s..1952
United Drug Co (Del) 5s
.1953
98 M
98%
103%
1st & land grant 4s...1
U N J RR & Canal gen
4s..—1944
United States Steel Corp—
Serial debentures
Nov
May
1.125s———--Nov
1.25s
L
;
May
1.3753—
;
Nov
1.508.
i
May
153s Jan 2
10i2 Apr 28
111% Jan 3
—
5
Apr 23
2978 Apr 28
Nov
1.625s.....
May
1.75s....
....Nov
5%% preferred series A.100
78
Jan 12
1.80s....
Youngst'n Steel Door..No par
8
Apr 28
1.858..
May
1.908
Nov
n
New
stocK,
1959
.1967
Union Pacifio RR—
,875s
18
.....
....1963
Gen refund s f g 4s..-
1.00s
-*17.%
110
100% 103%
Term Assn St L 1st cons 5s....1944
Union Elec Co of Mo 3%s
1%
5%
*10'>8
107«
♦11014 113
*5'8
6
1961
26% July
1.18
2
40%
102%
105%
105%
100%
103%
103%
107%
Standard Oil N J deb 3s
54%June
18%
2
*1%
22%
Jan
Mar
21%
58%
92
16
*56 %
105
141
60
51
*19%
Oct
July
July
July
May
31% Nov
24% July
107 29%
43g
9
l'g
105
22%
*15%
*100
Dec
27% June
27% Apr
50
*40
4
Oct
118
65%
*13
*1%
1968
Gen &.re 5s series C
61%
3%
Feb
Dec
71
23%
*60
13%
Dec
Feb
15
*25% 28
103% 104
*82%
hi
V
117% 118%
*45
1964
106% Jan
Jan
ia4
4%
*ie
...1951
1st & ref 3s series C
69
««M
92%
79%
84 M
80%'
86%
109% 111%
104% 107
1996
Mem Div 1st g 5s
St Louis Div 1st g 4s
So*western Bell Tel 3 Ms B
115
15%
15%
23%
25'2 July
74% Jan
Dec
2%
15%
Feb
104%
25%
83
1956
33%
Nov
133.|
*%
78 M
.£—1956
Devel & gen 6s
Devel & gen 6Ms...
♦Spokane Internal lstg4%B.2013
15
10434
24%
Dec
1956
Stand Oil of Calif 2%s debs... 1966
17% July
20U Jan
4U Jan
80
1994
>
Jan
112
102% 10234
♦1334
14
56 %
1981
Sept
89
99%
55
46
56%
48
1968
10-year secured 3%s
1946
San Fran Term 1st 4s...—..1950
"
•
3$ Deo
45%
57
48
Gold 4 Ms
Jan
Dec
6%
1578
7% Jan 17
18»2 Feb
48%
Gold 4 Ms——-———-1969
Gold 4 Ms—
30-is Jan 26
For footnotes see
page
1 1942
1 1943
1 1943
1 1944
1 1944
11945
1 1945
1 1946
1 1946
1 1947
1 1947
1741
'105%
♦75%
109%
98%
98%
104%
106
77%
Volume, 155 "Number 4069" '
THE COMMERCIAL & FINANCIAL CHRONICLE
<
^
V'W-
N.
i
BONDS
'
Week Ended May
N.
Friday's
&
Asked
Sale
Week Ended May
1
Railroad & Indus. Cos.
United States Steel Corp
(Con.)
1.95s....u...'...iMay
♦1st Hen g term
.
A
2.00s
1 1948
Nov
—
2.05s.....
.....Nov
L.May
j..-'
Nov
2.30s
-i^L-Nov
2.35s
♦Omaha Dlv 1st g
May
Nov
1 1952
<
..May
*os assented..
1 1953
May
1 1954
2.60s
Nov
Friday's
Bid
&
Asked
ser A.1946
1946
_■
—„
25-year gold 5s_.
.—1951
—
30-year 5s
.—i——1960
Westinghouse El A Mfg 2 Mis.. 1951
West Shore 1st 4s guar
2361
Registered
.....2301
.
,,
1 1954
3s.....1954
Wheeling & Lake Erie RR 4s..1949
*Ctfs of dep (reorg mgr).. 1941
1971 J
Wheeling Steel 1st 3%s ser B..1966
Wilson & Co 1st M 4s A..
1955
J
A....—.1981 J
Gen mtge 4s series
11953
Nov
J
J
♦Gen mtge lnc 4J^s series B.1991 J
Conv deb
3H
....1947
Winston-Salem S B 1st 4s
t*Wis Cent 50-yr 1st
t*Wabash Ry ref & gen 5%s A. 1975 At S
: <v
*01(8 of deposit (assented)
♦Ref gen 5s series B
1976 F A
♦Ctfs of deposit (assented)
2.65s
.—.May 1 1955
United Stockyards 4 Mr w w..1951
Utah Lt ATrac 1st & ref 5s....1944
Utah Power A Light 1st 5s
^♦Western Pacific 1st 6s
West Va Pulp & Paper
1st mtge 4 s series A
2.55s
Sale
Price
Western Union Teleg g 4%8—.1950
....
ragr)..1939
3%s
1941
Range or
&Indua. Cos. (Concl.)
Railroad
1954
;•
Week's
...
Last
Week Ended May: 1
♦Toledo A Chic Dlv g 4s—
2.50s
BONOS
♦Ctfs of dep (reorg mgr)
1 1951
1 1951
1 1952
2.40s
4s..—.
'
.
Y. STOCK EXCHANGE
1
♦Ctfs of dep (reorg
11950
May
2.45s.....
N.
Since
♦Des Moines Dlv 1st 4s—
1 1950
:
2.20s
.2.25s
'
Jan.
Rid
(Con.)
*Ctf8 of dep (reorg mgr)..—..
*Det & Chic Ext 1st 5s—
1 1949
2.15s
Friday's
cfc
Asked
Sale
Price
■'<
♦Ctfs of dep (reorg mgr).. 1941
1 1949
....May
2.10s
j
Range
fr
1
Railroad & Indus. Cos.
*.'•
1 1948
■
Range or
t Wabash RR Co (Concluded)—
(Con.)—
Serial debentures (Concluded)—'
STOCK EXCHANGE
Y.
Bid
Price
1
Week's
Last
BONDS
\
v;
Friday
Friday
•
Range or
jAist
•;
Y. STOCK EXCHANGE
'*
■
"v
NEW YORK BOND RECORD
" Week's
Friday
T
1741
-
♦Ref A gen 4%s series C—1978 A
1944
♦Certificates of deposit.......
{♦Su A Du dlv A ter 1st 4s..1936
1980 A
15
109 ^
3%s.l97l
t4Wor A Conn East 1st 4%s_.1943
O
*106%
10044
107
12%
12%
O
1955 4
O
1948 M
17U
*15%
1968
Wisconsin Public Service
1955 4
series D
16«
♦Certificates of deposit.......
Wisconsin Eleo Power 3%s
O
♦Ctfs of deposit (assented)
♦Ref A gen 5s
1960
4s...1949
gen
S
♦Ctfs of deposit (assented)
Walworth Co 1st M 4s
Vandalla RR
Cons
s
cons g
6s debentures
4sseries A. 1955
1957
Warner Bros Plot 6s debs
f 4s series B
Va Elec A Pow 3%s ser B
1st cons 5s
1949
5s.....2003
1st mtge 4 f
3 Mrs...2000 F A
a
Washington Cent 1st gold 4s.. 1948 Q M
sale
Washington Term 1st gu 3^8.1945 F
1st 40-year guar 4s
.....1945 F
Westchester Ltg 5s stpd gtd... 1950 J
year's range,
Warren RR 1st ref gu g
1958
_
Conv deb 4s..
Deposit receipts
Va Iron Coal A Coke 1st g 5s..
Va & Southwest 1st gu
Youngstown Sheet A Tube-
t§*Warren Bros Co deb 6s..-1941 At S
1968
Virginian Ry 3% series A.... 1966
-
I
1967 J
3 Mis
Gen mtge
West Penn Power 1st 5s
tWahash RR Co—
§*lst gold 5s
3%s series 1
1st mtge
Western Maryland 1st
♦Ctfs of dep (reorg mgr)
A
D
D
1966 ./
4s.....1952 A
series A......1977 J
West N Yds Pa gen gold 4s—.1943 A
ser D...
Deferred delivery sale not Included In the year s range,
not included in
r
the year's range,
n
d Ex-Interest, e Odd-lot
Under-the-rulo sale not Included in the
Cash sale not Included i i the year's range.
t The price represented la the dollar quota¬
Accrued interest payable at the exchange ra6e
5 Negotiability Impaired by maturity,
tion per 200-pound unit of bonds.
of $4 8484.
E—1963 M S
1st & ref 5%s
§»2d gold 5s
♦Ctfs of dep (reorg mgr)
A
...
3%s
} Companies reported as being In bankruptcy, receivership, or reorganized under
J
Section 77 of the Bankruptcy Act. or securities assumed by such companies.
O
./
♦
O
No sales transacted during current week.
Friday's bid and asked price.
♦ Bonds selling flat.
.
>
-
»
■
>
NEW YORK CURB EXCHANGE
AND
WEEKLY
NOTICE—Cash and deferred delivery sales are
In
footnote
a
extensive; list
furnish a complete record of the transactions on
we
the New York Curb Exchange for the week beginning on Saturday
1942). It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬
bond, in which any dealings have occurred during the current year.
(April 25, 1942) and ending the present Friday (May 1,
tended to include every security,
Weeks'
lASt
STOCKS
whether stock or
Sale
Range
of Prices
Low
High
Price
for
STOCKS
Last
Week's Range
for
STOCKS
Last
Week's Range
for
(Continued)
Sale
of Prices
Low
High
Week
(Continued)
Sale
of Prices
Week
Range Since Jan. 1
Week
Price
Shares
20
5
4%
e%
0%
1 % ;> 114 c 1 %
20
5 >
4%
5
......
common..u2
preferred...--.-10
11?
Air Investors
;
Alabama Gt
Am
-
ht
.4
Southern..50
.
-'«
>
British Celanese Ltd—
Am dep rets
17 pf.*
95 si.
94
96
preferred---.«
875i
85 •' '87"<
AllesA Fisher lnc corn—.*
XitJAlllance Investment
♦ ....i
Allied InU Investing—
> •
'
Alabama Power Co
$6
Brown Fence A
Class A
pref.-.lOO
6% Pf-100
Atlantic Coast Fisheries.. 1
Coast RR Co
preferred.——♦
Allied Products (Mich).. 10
Class A conv eom
25
Altorfer Bros
Aluminum Co
vi
-J.
-
t——
.
]«
18 ,> :
.J.
common...* .-...J.
....<.
common...*
80 «<
78
^ 81H
lp2
-> 99^ 102
.....
6% preferred.iii.-i 100
Aluminum Goods Mfg.i.»
Industries com *
Aluminium Ltd commonx^
6% preferred
100
American Beveragecom.^1
--
Aluminum
-
...J.
.....
).
Co.-..100
Board Co com J
American Capliul—
77K-
76«v
......
Bruce (E L)
Atlas Corp
Co._50
Corp
1
Co common.5
Bruck Silk Mills Ltd
*
warrants.......
Atlas Drop Fcrge
Atlas
com—5
i
Automatic Products
Burma Corp Am dep rets..
common.....10
Ayrshire Patoka Collieries 1
22'
Cable Elec Prod com..50c
.v.-.
-*
»
Amer Central Mfg....-.1
Amer Cities Power «k Lt—
Conv class A
--25
Class A
25
7^
B.~--1
Cyanamid class A.10
%
Class Bn-v
10
30%
Amer Foreign
•
Pow warr...
...
Eleo—10
4H% preferred
100
Amer General Corp com lie
$2 conv preferred
1
$2.50 conv prcferrrd.-.l
Amer Hard Rubber t'o..25
Amer Laundry Maob...20
Ainer Lt &Trac com....25
5
4%
4.'^
X
.
h
.......
-----......
......
21
%%
6% preferred
25
Co common.100
■
13>4
85'f
1J4
25
2!>
......
21
8^
23 'A
20^
7*4
23
Corp com *
preferred
*
preferred
*
AmericanTbread5% pf.-5
$6 series
Amer
Writing Paper com.*
......
1%2H
2%
......
-
2%
1%
1%
8
L
91%
I
M
of Can..*
Class B noil vot
H
76
6%
......
......>
92 1
6%
6Yi
Canadian Industries Ltd—
*
Benson & Hedges com
.-.iv
Canadian Marconi
*
Blckfords lnc common
*
$2.50 preferred
1
Products...*
Carman & Co conv cl A... *
Class B.
•-—*
Capital Citv
Berkey A Gay Furniture.1
Blrdsboro Steel Foundry
Carnation Co common...*
Carolina P & L $7 pref.-.*
*
& Machine Co com
*
1
$6 preferred....
*
1
Carrier Corp com 111 on... 1
*
*
Jan
Mar
100
25
....*
Co common.1
Mar
7% 1st preferred
Scrymser Co
Bourjols Inc..
Borne
Mar
Jan
Casco Products....iii*
Castle (A M)
common..10
Catalln Corp of Amer
1
Cent Hud G & E com....*
7% pf 100
N Y Pow 5% pref. 100
Cent Maine Pow
Bowman-Blltmerecom ...*
Cent
7% 1st preferred
100
$5 2d preferred
*
Brazilian Tr Lt & Pow...*
Cent Ohio Steel Prod
Breeze Corp common
Brewster
1
Aeronautical...i
Bridgeport Gas Light Go.*
Cent Pow & Lt
1
7% Pfd 100
Cent & South West Utll 50c
Cessna Aircraft Co
1
Chamberlln Metal Weather
Strip Co.L-.L--L—...5
Bridgeport Machine
Preferred
Brill Corp class A
Class
7%
B
preferred
*
100
Bnllo Mfg Co common
Class A...
Charls Corp common.-.10
*
Cherry-Burrell common..5
*
Chcsebrough
Mfg
25
100
Chicago Flexible Shaft Co 5
*
Chicago Rivet & Mach...4
.
-
For footnotes see page 1744
100
7% preferred
Conv preferred
5%
.vi.n
*
100
Bell Tel of Canada
Carter (J W)
7f.
5%
Assoc Breweries
1
Blumenthal (S) & Co
l3i«
6%- ; -fl%
1
5
1
Ashland Oil A Ref Co
Canadian Indus Alcohcl—
Class A voting
—*
pref......20
$3 opt conv pref
1%
8
M
*■{
-
•.
Equipment Cofp
conv
Blue ltldge Corp com
36%
1%
3
2%
-
»
Colonial Airways... 1
Canadian Dredg & Dock.*
Bellanca Aircraft com.-..l
.....
33%
Common cl A non-vot.-*
Art Metal Works com
$1.50
Beech Aircraft Corp
Bliss (E W) common
43
5
2
\%
Arkansas P & L $7 pref...*
Aro
7% partlc preferred...25
BrummellTies Inc. .1
Blauner's common
20
35%
-
Arkansas Nat Gas com._i.*
16
Canada Cement Co Ltd.*
Canadian Car & Fdy Ltd—
Bohack (H C) Co com...*
2
Ango8tura-Wupperman..l
Apex Elec Mfg Co com...*
Appalachian Elec Power—
4%% preferred
100
preferred..!
Beau
.....
Anchor Post Fence
6%
Calllte Tungsten Corp...l
Beaunlt Mills lnc com.. 10
.....
......
Estate..20
California Elec Power...10
com.l
Barium Stainless Steel
1
Barlow A Seehg Mfg—
$1.20 conv A com
5
Basic Refractories lnc
1
Baumanu—See "Ludwig"
.....
100
Amer Maracalbo Co1
:ii«
Amer Meter Co*-.—-20
Amer PctasbA Chemical.*
40 •
American Republics..-.10
55
Amer Scal-KaPcommon..2 .....i.
2
Am Superpower
\D%
87'f
1>A
25^
29
Amer Mfg
Preferred
Calamba Sugar
30
7% pieferred
den 5 X % nref shs £1
Baldwin Rubber Co
31
2\)\i
...—
15.M?
86!4
A m
Can
.:..L
American Gas &
Cables & Wireless Ltd—
*
V
varrants lor com.
Purch
7'A
67
514
4%
Class
Fork & Hoe com...*
7Vi
fi7
5^
50c
Vot trust ctfs
Common
1st $6
Burry Biscuit Corp..l2%c
i,„
s,,
22
preferred.---
*
Bureo lnc $3 pref
Axton-Flsher Tobacco—
Class A
25
$5 1st preferred......L*
Bunker Hill * Sullivan 2 50
Warrants
Baldwin Locomotive—
Amer
'
25
25
6% preferred w w
6% preferred x-w
Babcock & Wilcox Co
Amer
$1.60 prelerred
'.'y :'i:y "
•
' ' ■>'
A utomatlo Voting Mach-.*
Avery (B F) & Sons com.6
Class A com
|3
Buckeye Pipe Lhie
60
Buff Niagara & East Po'f —
Plywood Corp..
L----.--.-l
S5.50 prior pref
*
$6 preferred
Brown Rubber Co com..l
Atlantic Rayon
-
on.;..10c
class B---.l0c
*
1
Atlantic Ccast Line
.l.
.
....x.
.....
American Book
Amer Box
r
.
Wire com.l
preferred
Brown Forman Distillers.
.
$3 conv
ord reg.. 10s
British Col Power cl A...*
Tel class A..*
Atlanta Birmingham &
Assoc Tel A
j-
—
-
ord bearer £1
dep rets crdreg...£l
Atlanta Gas Lt
- L—
Warrants
Am dep rets
..
Class A
......
Inc(N J)--l
Aircraft Access Corp.. .50c
Brltisn Amer Tobacco
Elec—
-1
1
$5 preferred
*
Assoc Laundries of Amer.*
Common
......
Air Associates
British Amer Oil Co.
£1
Amer dep rets reg
| Associated Gas &
AeroSupply Mfg Class A.l
Class B
1
Alnaworth Mfg common..6
Price
Shares
Elec Industries
Associated
Co common. 10
Sales
Friday
Sales
Friday
Sales
Friday
Conv
outside the regular weekly range are shown
computing the range for the year.
account is taken of such sales in
No
In the following
last
Acme Wire
RECORD
the only transactions of the week, and when selling
In which they occur.
week
In the
YEARLY
disregarded in; the week's range unless they are
>*
Low
High
Shares
Range Since Jan. 1
j<
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, May 4, 1942
.
NEW YORK CURB EXCHANGE
Sales
Friday
STOCKS
Last
(.Continued)
Week's Ranoe
Sale
t
Par
of Prices
Price
Price
Shares
Mar
1
100
1054
10 54
Cities Service common.. 10
254
254
Chief
Consol Mining
Chllds Co preferred
8
2 54
27
254
254
31
30
41
$3 conv
40
4 54
Apr
Apr
4
654
10
'
Jan
100
54
5
24 54
""150
6 54
2,000
V 4 54.
4 54
,
Cllnchfleld Coal Corp.. 100
;
Utensil Co...
CocVshutt Plow Co com.
Cohn & Rosenberger Inc.
Colon Development ord..
6% conv preferred...£1
Colorado Fuel & Iron warr.
Colt's Patent Fire Arms .25
Columbia Gas & Elec—
54
100
f *
Club Alum
*■.
34
"200
>634
54
63 s
Columbia Oil A Gas...—
%
1834
34
Mar
334
7 54
Jan
54
Jan
254
Jan
4
7254
34
Jan
Jan
Mar
Jan
Jan
H
1 %
Jtt
54
Feb
Commonwealth A Southern
Warrants..
%
34
1354
Distribution. _1
Community Pub Service 25
1354
Commonw
Mar
13
18
»u
Mach—
1946:-.—1
734
Apr
com..50
1
Fatrchlld Aviation......!
60
«;
Feb
2
Jan
Apr
114
Jan
414
Apr
Apr
llu
Jan
8>4 Mar
>■':
Mar
»«
59
.
Jan
Jan
Jan
"
9
Jan
9*4
9a4
4
Jan
5.
:':V'
Internat Safety Razor B.*
Jan
103
International
*
*
1234
1394
Feb
'54
1034
Stock Yards..*
Fox (Peter) Brewing Co..6
Franklin Co Distilling—1
Feb
17
3 Mi
Apr
Feb
*it, Jan
>
23
Apr
10
Feb
Apr
754
;M
Iiqulp-.l
2814
7H
Jan
15
Mar
Jan
1
X
10X
Jan
Jan
854
Mar
Royalty^.—1
Iron Fireman Mfgvtc...*
Irving Air Chute..1
-.1
Italian Superpower A
Jan
Jan
16
34
Investors
Mar
1034
2094
4% -Apr
Interstate Hosiery Mills..*
Interstate Power $7 pref.*
Malt—
1
Conv partic pref.....15
Fuller (Geo A) Co
1
$3 conv stock
*
Mar
-
Class B—•
——1
$1.75 preferred.......*
$3.50 prior pref;..:...*
Interstate Home
Feb
Jan
Common
Mar
•u
Mar
Ford Motor of France
Fort Worth
v
Feb
234
Utility—"
»«
*:cias*
Jan
194
-
Jau
i'hf -1 >
Jan
6434
Motor of Canada—
Froedtert Grain &
v:.u'^Jan'
*
Registered shares
;«*/**'
Class B voting
Mar
International Products...*
t
Jan
9l£ Mar
77 54' Jan
Petroleum—
Couponsharetf.—.—..*
tPhila).10
*
Ford Motor Co Ltd—
■£'■■■
Am dep rets ord reg..£l
Class A non-vot—
*u
Feb
Apr
v"V V
'
v
Florida P & L $7 pref
Ford
v
34
734
5514
10 34
154
IX
414
k-'.r.
.
series.——50
International
Fire Association
•
Jan
Jan 1
z
:>6u
Apr
1354
Jan
.93* Mar
*
Jan
10
Jan
30
Feb
4434
Jan
4% couv preferred...100
1
L) Co.. 4.
Jeannette
Glass
.*
Co
96
554% preferred
0% preferred
7% preferred..
Apr
10654
154
Jan
Jan
1
3954
154
Mai
Mar
Apr
5254
Jan
11434
Mar
Jan
Apr
"w
Jan
-H
Jan
50
25 54
Jun
30
3
Stores...—1
134
Firepronfing com...*
B..*
"\l'x
Jan
Kennedy's Inc
102 34
Jau
Ken-Rad Tube A Lamp A *
General Investment com.l
54
Fe!)
Kings Co Ltg 7% Pf B.100
General Alloys Co
'
Electrlo Co Ltd—
Gen
Amer dep rets
ord reg.£l
Gen
Feb
Kansas G & E
Gen Gas & El $6 pref
Mar
....*
$6 preferred
354 Mar
Mar
1
*
Gellman Mfg Co com
Jan
102
100
Julian & Kokenge com..*
434
Jan
154
9634
100
-.100
.100
preferred
70
Mar
69
Jan
10
134
Jan
6% PflOO
Gen Pub Serv $6 pref...*
554
Jan
Gen Rayoii
Gen Outdoor Adv
2734
Co A stock...*
Apr
1
*
General Tire & Rubber—
834
Apr
6% preferred A.....100
Gen Water G & E com_.l
854
Mar
$3 preferred—.—:*
Jan
Mar
1234
Varnlsb——*
com...*
$3 prior preference
*
Copper ltanee Co
*
Cornucopia Gold Mines 5c
Cook Paint A
Coo per-Bessemer
34
j
Jan
Jan
1
Jan
82
1
*
loo
27
94
100
100
100
CO -s*
150
Jab
Feb
Georgia Power $6 pref...*
preferred..
*
Gilbert (A C) common..*
Preferred..-...--—*
$5
Jan
Knott Corp common....
IX
Jan
Jan
Glen Alden Coal..
stocks...£1
234
Apr
Petroleum
5
Crocker Wheeler Elec...*
Croft Brewing Co
1
1654
Jan
53
Jan
39 34
Jan
15s
Mur
Feb
2634
87
"80""
87
100
80
80
7
10
435
454
Jan
Apr
Jau
8
Jan
394
Apr
1054
Feb
1054
Feb
88
Apr
97
50
Apr
52 54
Feb
1234
234
Hoppers Co 6% pref.. 100
Jan
Stores—;1
4%.conv 1st pref....100
Kress (S H) special pref.10
Krfiuger Brewing Co.-.-.l
103
Jan
8154
300
Mar
54
12 34
Feb
mi
Feb
Apr
Feb
Jan
3454
■
27
Feb
754
*
101
2
Mar
Apr
5
4
Jan
Jan
41
Mar
Kresge Dept
Apr
454
Jan
1254
Feb
LackawannaRR (N J). 100
Gladding McBean & Co.*
1634
Mar
2
1
*
Gilcbrist Co
com...1
5% conv preferred—.50
Courtaulds Ltd—
Mar
Mar
94
11
Klelnert(IB) Rubber ColO
6354
Kobacker Stores Inc
loo
3534
Feb
554
54
•
200
34
"3734
Jan
4
Jan
1
154
Klein (D Emil) Co com..*
Jan
8-
.
Apr
19
1
116
Jan
Apr
Mar
2754
100
5% preferred D
V
Apr
Common
$6 conv preferred
7
4
Klrby Petroleum
1
Kirkl'dLake Q M Co Ltd 1
General Shareholdings Corp
88
11154
7% pref. 100
5
Kingston Products
100
Consolidated Steel Corp.*
Continental Gas A Elec Co
i 7% prior pref
100
Continental OH of Mex._l
Continental Roll A Steel..1
Cosden Petroleum
Adrs ord reg
Crowley, Mllner A
554
Feb
54
Crown Cork
Ltd.-l
554
2 54
100
Jan
Lakey Foundry & Mach-.l
Lamson Corp of Del
.6
preferred
97
30
33J
200
hi
Mar
%
^32
200
134
Jan
54
*
*
$3 preferred.—
25 55
27
24
3
58
common-.10
Grand Rapids
200
28
24
100
29
3
*"100
61
300
50
Varnish...1
——6
Gray Mfg Co
Non-vot
com
12854 12834
"S3»
1
25
Greater N Y Brewery...
Gt Northern Paper
Grocery Sts Prod com
6
Jan
Jan
30
ht
30
,—:*
1334
234
Apr
Feb.
1354 Apr
234 -Mar
common, 1
134
Jan
154
1054
( C lass A..
; ■:. Class Bi. .is.-
394
Jan
Lefcourt
Jau
Lehigh Coal & Nav..—.*
55
354
Mar
83
131
Jan
Leonard Oil Develop...25
>i*
Jan
Jan
Le Toumeau (It G) Iuc-.l
Line Material Co
—5
200
*i«
50
Davenport Hosiery
Mlfla.*
14
-3594
734
Rubber Mfg
334
»
Detroit Gasket A
2o
Mar
Hartford Rayon v t c
1854
Jan
Feb
Harvard Brewing
Jan
8
7 54
......
Hat Corp of
Mar
B
Det Mich Stove
{Detroit Paper Prod.___l
Detroit Steel Prod...—10
~xhi """466
10
334
DoDeckmun Co common.
19
Ltd.
Dominion Steel A Coal B 25
Draper Corp..
*
Driver Harris Co
-.10
7% preferred. —,. — 100
Dubllier Condenser Corp.l
Duke Power Co
100
Durham Hosiery cl B com
Duro Test Corp common. 1
Duval Texas Sulphur
*
Dominion Bridge Co
;1
?4"
154
434
354
2034
Mar
Mar
63
2734
Jan
Apr
654
Jau
Jan
Jan
54
634
■
Apr
Mar
21
24
1
Mar
Feb
Jun
Margay
Oil
Mar
Apr
1134
68
Apr
Mar
8834
Jan
134
1734
Feb
Jan
Products..—2 54
(K) & Co class A... 10
Jan
McWllIlams
Mar
Jan
14-v
Lead....-.10
*
12
Apr
12
30 34-
Hormel (Geo
534
A) & Co com*
2754
Mar
.
Mur
154
454% pnor pref.. —.100
6% preferred....—.100
Malleable Iron.25
5254
Eastern States
$7
Mar
34
Jan
Corp..—
1254
1254
series B.._*
Mach B..*
2
Economy Grocery Stores
Elec Bond A Share com..5
54
Jan
17
13
17
13
Horn & Hardart
54
38
$6 preferred
—...*
Elec P A L 2d pref A.
*
40
234
1
6,800
Merchants A
2134
Apr
11054
Jan
13
Mar
Merritt Chapman A Scott
4654
Mar
•;
—*
Hussmaun
234
•
Jan
Jan
2
454
v
Mar
694
Jan
Illinois Zinc Co
bn
Apr
Jan
Imperial Chemical Indus—
Elgin Nat Watch Co... 15'
Apr
Feb
28
4 34
6534
Apr
'
41
434.
pf 100'
'4X ""454
534
Apr
81
Feb
Jan
Jan
*
.
Empire Power part stock *
Emsco Derrick <fc Equity. .5
For footnotes see page
1744.
Mar
85
Mar
82
89
Apr
Apr
1834
Jan'
Jan
-194
Jan
1Q194
105
Indiana Pipe Line.
Jan
34
Jan
Jan
Middle West Corp
Jan
654
Jan
Jan
6
Jan
754
Mar
9
854
Apr
Jan
554% preferred
2034
Jan
Indiana Service 6%
54
Jan
554
Jan
7% preferred—.—..1001
3X
;
254
Jan
1054
?.
4
-
Apr
Apr
>
Class B V t C..
.
.
88
•' 88
UK
12
14%
88 34
12
14
12
14
12
Apr
Apr
Apr
10754
Jan
18
Jan
1834
Jan
154.
Apr
28
Apr ]
10654
Feb
j
Mar )
Jan
.454.
Mar
!
Jail ;
Feb
|
,834
534. Mar ;
3%
34
Mar
254
Apr
4
Feb
8
Jan
>:
8
——.1
com..6
Midland Oil Corp—
..
Jan
..
:
7n
Jan
.
Jan
>
'
Feb]
•
1354
32
3 J5
Mid-West Abrasive-.i:--50
Co..—-10
Midwest Piping & Sup.--:*
Mid-West Refineries.-11:
Midwest OH
.100
pf.l00|
*>*
Jan i
Mur ;
Feb j
154
Apr
254
«;?:H
$2 conv preferred....:*
:■ - -•
j ■'
Midland Steel Products—
$2 non cum dlv shares.*
Mldvale Co common-!.^*
Jan
'
3X
634
1
Apr
'54
Apr .154
454
.
Class A v tc...:k.-'.:;l
234
534
/' 6 -
754
Apr
34
10
_
054
Jan
334
f
Middle States Petrcleum—
Indianapolis Power A Light
A
Preferred J
Jan
Jan
Mar
115
Jan
26
Micromatio Hone Corp. il
Apr
Ireland...£1
11034
Britain
v
Jan
Mar
Imperial Tobacco of Can.5
Feb
'
5
54
2354
-2541334;-:
i
—....
Feb
115
t
Feb
29
Jan
Partic preferred k-ikiLil 5
254
:
Imperial Oil (Can) coup..*
Registered..
*
105
Apr
1
)
Jan
354
Jan
Jan
"11
1
954
dep rets regis.__£1
Imperial Tobacco of Great
81
•>
•■■'Mar
Jan
I
6% preferred
100
654% preferred
100
7% preferred
100,'
8% preferred —...100
;
-
Jan i
354
20
»« Mar
$6 preferred..-•i-S-vi-J *
Apr
16)4- Apr
I
Feb
Michigan Bumper Corp.il
T.c.'
126
Jan
94
Metropolitan Edison— M
12J4 -Apr
Dlv arrear ctfs...
454
434
Jan
5554
Apr
'vI5i M ar
854 Mar
Apr
5
*
Warrants:....-it.-
Metal Textile Corp.:..25c
Jan
Feb
Mar
2534
Feb
i
5% conv preferred...50
Jan
9
Apr
Feb
2%
Mfg cl A..1
Messabl Iron Co..
Jan
H
454
Illinois Iowa Power Co..*
Jan
ht
Feb
3
Michigan Steel Tube..2.50
194
20
1
Empire Gas A Fuel Co—
5
v
»
6394
,;7
1H
18
654% A preferred.—100
Apr
Am
Emerson Elec Mfg
Empire Dlst El 6%
Co..*j
Hydro-Electric Securities. *1
Hygrade Food Prod.....5Hygrade Sylvania
*
294
50
Feb
Apr
90
Participating preferred *
454 "Apr
Huyler's com
.......1)
V tcfor Istpref
1'
6054
3,000
* 45
Option warrants
Electrographlc Corp
Llgonier
Apr
14
38
40
1
Jan
»u
:
Inc...5
Humble Oil & Ref
Apr
Apr
;r
900
4054
•
Apr
334
54
Apr
094
Memphis Nat Gas com..5
Mercantile Stores com..*
Baking.*
& Hardart
*
Jan
254
2 54
6534
Dredging..:*
Michigan Sugar Co—-*
*
$5 preferred..
Jan
Jan
2254
preferred series A._
$6 preferred
Easy Washing
Jan
Jan
33
Eastern
134
Mead Johnson & Co;:*.—*
Co common.. 1
Hnrn (A C)
Hummcl-Ross Fibre Corp 5'
....——*
Jan ;
Jan
134
10
4
Massey Harris common..*
Feb
Feb
Mar
Fuel Assoc—
Common
27
Jan
Jan
734! Apr
854
Feb f
Mar i
Apr
Mass Util Assoc v t 0...1
Jan
Horder s Inc-—
Apr
Apr
294
Shovel...*
$4 preferred
13
-
10
McCord Rad & Mfg B.—*
134
14
Kolllnger Consol G
Hubbell (Harvey)
Eagle Ploher
234
1
May McEwen Kaiser Co—
794
354
Steam
6% preferred-.*. - -—100
East Gas A
231.4
2534
—*
Corp
10
Marlon
Horn
-.,
■
24 54
Apr
134 May
Communication Co Ltd.
-354
Feb
2?4
1
Jan
Feb
:
Apr
Manati Sugar opt warr.i.
Jan
Jan
254
Jan
Heller Co common
M...5
Hoiophane Co common..*
Feb
Apr
»u
Jan
Feb
15
14
Mapes Consol Mfg Co..:*
Marconi Intl Marine >
894
534
Hoe
Apr
654
Jan
?'•
Mangel Stores:.1
$5 conv preferred.....*
10
10
Apr
Apr
Jan
U054
70
835
:
Jan
Mar
Mar
Feb
Jan
154
*ii Mar
Jan
2 34
854
67
Jan
55
20 54
110
Feb
Feb
Mar
*
25
754
^
Mar
454
Hildock
Jan
19
*
Feb
234
17
2514
Apr
654
454
Feb {
-
154
Apr
Mar
Feb
..
Conv 7% 1st pref.100
Conv 7% 1st pf vtc.IOO
Lynch Corp common.. ..5
2,000
2
Preferred————--25
Henry Holt & Co par A.
Hewitt Rubber common. .5
Heyden Chemical — — ID
1034
Apr
Apr
Jan
34
Louisiana P4 L16 pref.*
Class A.-i——
com._l
654
14
Ludwlg Bauroan & Co com*
1
*
com..5
Helena Rube ostein.
Co common..10
Dt'*co-Twm Truck
"34
1
6% conv ©referred...50
Heela Mining Co
25c
1054 Mar
334 Mar
Apr
America—
Hearn Dept Stores
Fdy.,1
Co com.. 1
Diamond Shoe common
34
1154
7%-pref class A.....100
6% pref class B—, .100
Loudon Packing—.—,.—*
"m """56
non-vot common
Detroit Gray Iron
7% preferred
1634
C0-....1
Hazel tine Corp
De Vilblss
common...*
Brothers
Feb
16
Louisiana Land & Exptor.l
Hartford Elec Light—.25
105
Mfg.—11
6% preferred w w
694
Apr
1354
Jau
Feb
34 Feb
2734- Jan
Jan
Co—
5
Hammermill Paper..... 10
154
Apr
5
Long Island LightingCommon.-
Apr
Mar
4934
24
2o
Lone Star Gas Corp
Hall Lamp
preferred....50
8% debenture...—100
Derby Oil A Ref Corp com*
A conv preferred
*
<
Jan
5
Jan
Apr
Mar
Lit
Jan
Gypsum Lime AAlabas tine*
254 Mar
$6 prior
Fe
25
50
DennteouMtg clAcom._5
9
Locke Steel Chain.......5
Mar
Feb
22
Realty
Llpton (Thus J) Inc—
0% preferred..*
Jan
Feb
7 34
1
i
Class A conv..—,..35
Dejay Stores
1
Dayton
Jan
694
Mar
preferred. — .— --
$6
Jan
100
Mar
Mar
Mar
.25c
Gulf Oil Corp
7
Jan
Jan '
2'4
8
Gulf States Util $5.50 pf
.5
Mar
9
3
100
jGuardian Investors.....1
Darby Petroleum com
43 34
Feb
Mur
454
*
Greenfield Tap & Die
2.50
Apr
Apr
Langendorf Utd Bakeries—
Conv preferred.......*
stock...*
7% 1st preferred..-.100
*
554
234
254
7% pref.. 100
Lane Bryant
Great Atl & Pac Tea—
Crystal Oil Ref com
*
$6 preferred
10
Cuban Atlantic Sugar...5
2454
26
654
2 54
Lane Wells Co common.. 1
Gorhara Mfg
com..25c
preferred—.25
Cuban Tobacco com
96
-*
Goldlield Cousol Mines. A
5
Co..
Cuftls Llght'g Inc com
Curtis Mfg Co (Mo)
Lake Shore
Feb
Cor ham Inc class A
Crown Drug Co
7% conv
Jan
9
$7
Mines
24 54
32
B.-*
Class
Mar
Petrol (Md)_5
Internat A__*
Crown Cent
*
Godchaux Sugars class A.*
Creole
I
I
100
AnulO
Inter,nat Paper Co warr...
954 Mar
Apr
Jan
1
Eleo Corp.l
1
Bait com.*
4 54% series B pref.. 100
4% pref series C
100
Consol Gas Utilities
1
Consol Mln A Smelt Ltd.5
Consol G E L P
Reynolds
oommonl. 4'.. —..
f/j*
1
Faistaff Brewing
....1
Fansteel Metallurgical...*
Fedders Mfg Co
5
Fed Compress A W'h'se 25
Gatlneau Power Co-
Consol Biscuit Co
S6 preferred A
Range Since Jan. 1
International Cigar Mach *
Internat Hydro Elec— -
Gamewell Co $6 conv pf.*
Conn Telep A
Corroon A
o
Insurance Co of No
Fairchild Eng & Airplane.
5%
Oil
for
Week
Shares
;• 0
Vt
7% preferred
Common.—i..'—
Consol Royalty
Sales
-
High
Jersey Central Pow & Lt—
Common....
8% preferred
r
Internat Metal Indus A--*
$3 preferred
:
Low
Industrial Finance—
Jan
Coke Secur—
Consol Retail
of Prices
t
Internat Industries Inc..!
Jan
'i«
Sale
Price
,
Week's Range
Last
(Continued)
Jacobs (F
Community Water Serv—1
•
STOCKS
i
Eversharp Ino com
Apr
54
Apr
34
22;,
'
Apr
Jan
1
Apr
ij5«
100
18%
Jan
434
1544 Apr
63
Apr
154
I
Feb
Mar
654
Jan
4 54
63 >
35
Mar
Jan
Apr
Mar
Jan
.
154
Apr
Mar
94
334
""6341 *634
X
5
354
»•' *» -
*
Apr
Mar
2354
4
■
Jan
Jan
Jan
Mar
Mar
15
■
6
"24
Cleveland Tractor com..
634
Apr
-£'*VV j-*:
6
Clayton & I>ambert Mfg..4
Cleveland Elec Ilium—_
V t c ext to
Range Since Jan. 1
Jan
8234
8234
454
Apr
14
1
Claude Neon Lights Inc.-l
Compo Shoe
for
Week
Shares
1
Eureka Pipe Line
52 .i
Apr
~"m
a
Conn Gas A
,
High
preferred.....l
Esquire Inc.-
Feb
Feb
55
Apr
Apr
40
40
$6 preferred
5% preferred...
354
of Prices
Equity Corp common.. 10c
Jan
Feb
14
Mar
Apr
Week's Range
Low
t" ■'
Friday
Pref $3.50
Cities Serv P A L $7 pref.
City Auto Stamping
City & Suburban Homes
Clark Controller Co
ai«
Jan
2 54
35 54
30
*
60c preferred B
*
$6 preferred BB---- —-*
preferred
$6
Sale
(Continued),
Week
'High
Low
Last
STOCKS
Range Since Jan. 1
' for
■
,
Sales
Friday
_
534
14
254
I
554
14
;2J4
Jan
32;,
;
Apr
1
Jan
5%
1334
Apr
Apr
134
Jan
14
4154.
154
7,r
;•>
14
2 54
Jan ;
,
Jan {
Jan i
Jan i
Feb!
Jan
,
.
•
r1'.:
> .■!.,
v,.
,■
-
v:"'
•
?. ■ f"
THE COMMERCIAL & FINANCIAL CHRONICLE
-
NEW YORK CURB EXCHANGE
—
5
Sales
Friday
Last
Week's Range
ifor
(Continued)
Sale
of Prices
Low /
High
Week
Price
Mining Corp-of Canada,.*!
Minnesota Mln & Mfg...*
37
Minnesota P & L 7% pf 100
87
.:
Shares
Missouri Pub Serv com..*;
Mock Jud Voehrlnger—
32
Feb
44
-67
67
May
82
.
■
Sales
Week's Range
%
$5 series pref...
Jan
I
Jan
i.v
I 3%
400
3%
100
S
Low
4
Monarch Machine Tool*.*
25
25%
5%
100
Monogram Pictures com.l
>u
Solar Aircraft Co
46%
Mar
56
Feb
Mar
30%
Feb
*
common
»IS
;
t6 preferred
...»
Penn Salt Mfg Co
50
Penn Sugar Prop com...20
74
Mar
Penn Water ft Power Co.*
42%
.5% Apr
156
Ward A.—*
•
Montreal Lt Ht & Pow..*
I
Moody Investors part pf.*
Moore (Tom) Dlst Stmp.l
Mtge Bank of Col Am shs.,
2%
36%
"42%
Mar
161
4%
Jan
22
Feb
Mar
Philadelphia Co common.*
Jan
Phila Elec Pow 8% pref.25
Jan
Feb
Phillips Packing Co...;.*
phoenix Securities^
Apr
2%
Jan
\
4%
Apr
h
Feb
\
7% "
7%
600
9
9
100
3%
29%
3%
100
3%
Jan
4)4
4%
1,700
3%
Mar
31%
31%
50
31%
Mar
400
Apr
2
Jan
3%
Jan
11%
Feb
Pioneer Gold Mines Ltd.l
114 H
Jan
Feb
Pltney-Bowes Postage
{; Meter.-...
8)4
200
8%
Apr
35
Jan
25
Jan
27
Mar
30%
Southern Pipe Line
Jan
300
1%
Apr
122
9%
Jan
Apr
10 '■>.
Jan
Pitts Bess & L E RR...50
39
39
5)4
Apr
Pittsburgh & Lake Erie.50
Pittsburgh Metallurgical 10
Pittsburgh Plate Glassj.25
,50
52
j 2%s
100
*
4%
5%
6%
Apr
Jan
2%
Feb
.
Feb
6%
Jan
7% Mar
*
8% Preferred A
25
26% May
.Southland Royalty Co...5
Jan
!:v 5
Jan'
1st preferred
%
.„.*
11
Apr
Spanish A General Corp—
Amer dep rects ord reg..
Jan
Jan
>84
2% Jan
27% f Jan
6
Feb
1%
Jan
18
Feb
Jan
Mar
J'an
>44
Jan
Spencer Shoe Corp
._*
1.%
Apr
43
Jan
Jan
2%
%
Jan
63%
Feb
Staid-Meyer Inc
*
Standard Brewing Co 2.78
>n
Apr
Apr
%
Feb
%
Mar
5%
Apr
4%
58
"iiToao
55%
800
2%
Apr
12
Feb
3
■55%
122
39
60
180
9
■•-. •:
Jan
Feb
48%
2,000
S%,
Jan'
%
Feb
;v
Apr
Jan
28%
26%
Feb
%
10
:i'42:'V
Mar
Feb
Jan
1%
Mar
Mar
24%
23%
Southern Phosphate Co. 10
-10
Apr
1%
8%
1%
Jan
27%
Spalding (A G) & Bros_..l
%
7
Jan
Feb
6%
36%
5
Southern Union Gas
..1
7%
5%
50
4
31%
4%
Apr
Apr
3%
29% 29%
Pleasant Valley Wine Co.l
Murray Ohio Mfg Co;...*
Muskegon Piston Ring.2%
Muskogee Co common—.*
,i
l
Apr1
90
30
2%
Apr
Ar10
Cony $3 pref series
Apr
9%
99%
99
28%
South New Engl Tel. ..100
Pierce Governor common.*
•Mountain Sts Tel & Tel 100
1,000
6%% pref series C...25
Feb
Mountain StateB Power— j
K Common
2%
Feb
Jan
Southern Colo Pow cl A.25
17
600
4%
-
2%
28
6% original preferred.25
6% preferred B..
25
96
1%
Apr
1%
2%
2%
v
Jan
17%
%
Feb
V'-V
3
Jan
Apr
Southern Calif Edison—
Mar
Mar
1,600
1% "1%
Jan
1.-7 'I'-
Apr
"u
1 %
Southwest Pa Pipe Line. 10
Jan
Mar
Feb
..25
20
Common
(Mountain City Cop com.6c
Mountain Producers.— Ill
100
175%
3%
45%
Jan
1%
1%
South Coast Corp com._l
South Penn Oil..
81
*
1%
16%
1%
Feb
Feb
152
' j ,:
.
1
1%
Range Since Jan. 1
Shares
2%
1
Perfect Circle Co
15%
15%
156
■
16%
6
Apr
Apr
70%
125
Pharls Tire & Rubber...1
Montana DakotaUtil—.10
2%
for
Week
1
Jan
105
High
1
Pepperell Mfg Co...-.100
Mar
1%
75
Apr
Low
_.l
Jan
%
Mar
78%
"86""
Sales
Week's Range
of Prices
1
Solar Mfg Co!
Sonotone Corp
Soss Mfg common
82 %
■■
'
Price
26
Penn Pr ft Lt $7 pref...*
Feb
30% Mar
1%. Feb
Apr
-
ClasR A
■A
Mar
Last
Sale
High
*_*
Mar
'5%
Apr
1%
100
•
Feb
25
■
"
Monroe Loan Soc A...1..1
J-^
■'
6% preferred
STOCKS
(Continued)
Range Since Jan. 1
S2.80 series pref.*_*...*
6%
Apr
Apr;
\<
■ m
4%
■
Friday
for
Week
Shares
High
4%
Jan
400
'3%
..
100
Apr
90
4
i.
j
of Prices
■;
Pennsylvania Gas & Elec—
1
Montgomery
JMSt
SatePar Price
s
Pennsylvania Edison Cp—
;
Common.-.2.50
Molybdenum Corp
ftp#-.'
i
High
"37%
;
STOCKS
■;
(Continued)
Mississippi River Power—
i 6% preferred-.—... 100
-■
Friday
1
Range Since Jan: 1
STOCKS
•
Jan
63
;
Standard Cap & Seal
Jan
3%
Conv
Feb
1
com
2
preferred......10
•
Mar
9%; Apr
Jan
,'iTan'
3%
14
,Jan
Standard Dredging Corp—
Plough Inc common...7.50
(Nach m an-6 prlngf llle d
*
iNat Bellas Hess com....1
(National Breweries
com..*l
18%
Apr
18%
*
11
12
Apr
09
■National Container (Del). 1,
National Fue! Gas......*
«%•
9'
Nat Mfg & Stcrcs eom—*
2%
2%
National Power & Light—
$6 pref unstamped
I
Apr
Apr
Pratt ft Lambert Co
Jan
Jan
%
2%
2%
4 '
1%
Mar
,.
3
Feb
Mar
16 %
16%
1
Premier Gold Mining
f $6 pref stamped
;.*
y.
y'-A/mmr
%
%
%
*
com
33
Pressed Metals of Am... 1
2%
jan
Prosperity Co class B.._*
3
6%
2% May
7% Jao
24% Feb
Apr
■95%
68-
150
62%
Apr
•93
2%
500
6%
21%
6%
100
:'
'
2
Jan
Jan
Apr
21%
100
5%
21%
7% "7%
700
7%
Mar
7%
Mar
7%
100
9
Jan
10%
Mar
600
2%
Apr
600
Feb
Apr
Nebraska Pow 7% pref. 100
%
a 9%
109%
5
2%
if
Mar
9%
National Steel Car Utd.v*
National Sugar Refining.*
NatlonalTea5%% pref. 10
12.50
Nat Tunnel & Mines..!.*
National Transit
9%
2%
2%
.
11
•
'
.
p"
'
'
r-
■
!
Y'
'
>16
0
Apr
Apr
12
Feb
(Ky)
10
Standard Oil <01do)—
5% preferred.......100
10
Feb
14%
T[an
Apr
110%
¥eb
Standard
Jan
Feb
Jan
Oil
103
Standard Power & Light. 1
Common class B
>u
Jan
33
4%
Jan
Standard
Feb
Standard Silver Lead
Apr
»i»
Standard
Jan
*
..*
Products
12
Co„.l
May
4%
Mar
1
100
%
4%
Mar
7%
>33
13%
Jan
xl %
A pr
"l9%'T"idn
5%
Mar
Steel Spring...5
Standard Tube cl B
1
Apr
Feb
Starrett (The) Corp v t c.l
Apr
87
Mar
1
Feb
Jan
j 6
Apr
8
Apr
42%
46
35
Jan
62%
Feb
11%
11%
11%
Apr
16%
Jan
6%
:
6%
6%
Apr
Apr,
4 Apr
2
Mar
ri4
40
Apr,
9% : Jan;
Mar
8
Apr
4%
Apr
Apr
Apr
Feb
3%
35%
6
Mar
"14
Jan
1%
Mar
u.i«
Apr
1'
2%
50
34
5% 2d preferred
20
Sterling Aluminum Prod.l
Sterling Brewers Inc
1
Feb
95
20%
Jan
40
6% 1st preferred
103
92%
,
,
*
Stein (A) & Co common..*
Sterolii Bros Stores
1
Apr
106
*
....*
16 preferred
•
Jan
96 %
100
7% 1st preferred
Puget Sound P ft L—
t
$5 prior preferred
>•
?4 H\i Jan-
Jan
Steel Co of Canada
Puget Sound Pulp A Tim *
30c
Navarro Oil Co—--!—-*'
2
Feb
Jun
1
8% 1st preferred
i
' Jan
.
A
Nat Union Radio
Jan;
Apr
11
conv
Public Service of Colorado
•68%
2%
1 %
preferred.20
$1.60
19%, Jan
r
Apr
Producers Corp of Nev_.. 1
275
Nat Rubber Mach......*
Common...
2%
4%
2%
Jan
'Van
71%
National Refining com...*
jr-
Jan
Preferred
^Prentice-Hall
,r
68%
62%
Apr
i3i«
Jan
16%
8
Jan
2%
''A
*
Providence Gas.;.; -i-o. - *
*
8%
Jan
'3-
%
Apr
Apr
Apr
Power Corp of Canada...*
10%
Apr
%
Potrero Sugar common..5
Powdrell & Alexander...5
Jan
10%
Mar
Apr
2%
'
100
Polaris Mining Co...__25e
14%
42%
Jan
8%
8%
1,800
7%
rU. V Feb
Feb
National City Lines com.l
$3 conv preferred
50
National Candy Co..
)
Pneumatic Scale com... 10
Feb
hi
Jan
»i4
7%
Jan
9
Jan
9
-
8
Jan
Mar
Pyle-Natlonal Co com...5
11
Mar
Pyrene Manufacturing.. 10
113
Feb
Stetson (J B) Co com
*
2%
May
3%
Jan
2%
Jan
5
*
%
Mar
%
Mar
8%
13%
Jan
%
Sterling
lac.
1,
Neptune Meter class A...*
7
Mar
8
Feb
Stlnnes (Hugo) Corp
Stroock (S) Co
Nestle Le Mur Co cl A...*
1
Feb
1
Feb
Sullivan
Apr
1%
Janr
Apr
30%
80% ' Apr
101%
Jan
5%% conv pref
..60
Superior Oil Co (Calif)..25
4%
Feb
Jan
Superior Port Cement-
Nelson (Herman) Corp
>
-
-
9%
70
Jan
Sun Ray Drug Co
*
1
Apr
Apr
8%
Mar
9%
Jan
150
Jan
Suuray Oil
1
1%
40
Apr
Apr
2%
45%
Jan
Feb
Jan
Machinery
•
New Engl Pow Assoc..!.*
%
r 6%' preferred...*.-.100
19%
22
$2 preferred—..*
New England Tel & Tel 100
80%
85-
19 %
•
Quaker Oats common
*
6% preferred....!.. 100
Quebec Power Co.......*
Jan
.
New Haven Clock Co
•
Apr
•:3V
66
56%
57
140% 141
140%
8%
8%
8%
Apr
Mar
Apr
8%
Apr
10%
10%
10% Mar;
12
26
Apr
35
10%
Feb
11
Swan Finch Oil Corp...15
Jan
50
25
New Jersey Zinc.
54 j
50
Jan
Apr
1%
Apr
68%
1%
"2%
Mar
""3%*
New MexA Ariz Land—1
New Process Co..
N Y Auction Co com
..*
*
Apr
Jan
■
Radlo-Kclth-Orpheum—
I Option warrants
Railway A Light Sec—
7%
Jan
-2%
Feb
18.
Feb
13
12%
N Y Merchandise*....110
IN Y Pr ft Lt 7% pref..100
$6 preferred!
..!.*
Common.
'9%
7%
9%
16%
Apr
Technicolor Inc common.*
conv
47
Jan
51%
Apr
Texas P & L
Mar
2%
Jan
iTexon Oil & land Co.._2
>14
Jan
1%
Jan
Thew Shovel Co com,...
Apr
Apr
18%
Feb
Tlshman Realty & Coust.
>44
Jan
11%
Feb
Tobacco & Allied Stocks. .*
Apr
; 91%
21
20
Feb
;-.25%' Jan
t
Jan
'r
.
'
14%
Helter Foster Oil Corp.60c
Apr" 102
94 ;
Jab
6%
Feb
Apr
Feb
10
9%
3%
5%
Jan
Apr
11%
Apr
5%
5%
%
Jan
'
'iii
IH
i
5% 1st preferred..-.100
r1 '&% 2d prelcrred..!*-100
60
54
36
50
"38
'
'•
Jan
:69%
Apr
May
36
1%
53
-
hw
,
Mar
?
Jan'
Jan
.
■2%". 2%
86
•Nllcs-Bcment-Pond
'86
v
U".
9%
Nineteen Hundred Corp B1
-
"
■2% "Mar1
300
Nlplsslng Mines.. ..*...;.5
■
•
10
;90
Apr
86
i. 1,000
9%
Jan"
•
14%
* Apr
Roosevelt Field
Jan
//r %
2%
*r2 % ""2%
!-l
Nor Amer Li A Power-* v
Common.........;.—1
$6 preferred....
..*
•
■
-3%Feb',
SO'
15%
Mar
-15%
Mar
17%
'17:
Jan
^51%
'
52
52
North Amer Rayon cl A..*
*
6% prior preferred..1.50
50%
88
95
Jan
■:
°
6s.1
Shipyards Corp...*
2%
1%
t
;
I
t!
•
May
Jan
Trunz Inc
Jan
15
Jan
%
Ryan Aeronautical Co...l
.*
3%
1%
Ryerson A Hayues com.l
Apr
Apr
v"%
Jan
%
Jan
100
%
5%
Feb
"~hi
1,6
1,800
%
Jan
"3%
warrants*
43%
"2:266
b
%
Jan
....
4%
Jan
35
Class a
*i.....
Tung-Sol Lamp Works.-.1
Jan
1%
Feb
6%
Jan
Mar
5%
Jan
3%
1%
3%
1% "
Ryan Consol Petrol
Feb
Jan
U1
.
Tubize Chatillon Corp...
;•
Mar
3%
Feb
53
Mar
2%
t
,
Trl-Contiaental
>at M4r
36%
;
'■
Corp.^......!
4%
Apr
9%
Rossia International...;.*
Jan
k
Transwestern Oil Co.*.10
Feb
-I.
Jan
\
2%
Apr
2%
2%
95 .Jan
xl03
Tonopah Mining of .Nev.I
9%
Apr
7%
"9% ""9%
;.l
Russeks Fifth
Jan
-
7%
Royal'Tynewrlter.
*
Ave__-..2%
% Mar
Feb
Apr
->i4
■
>1
;I
-V
"
*3S
7%
Jan
Apr
3%
8% pref 100
7% preferred
100
Jan
Apr
Exports..*
Toledo Edison
Trans Lux
21.20 conv pref.:.;.*;20
'
Feb
Apr
94%
79%
Inc.....5
Root Petroleum Co
?
'■
:
Jan
"l2%" Mar 112%" Mar
Pendleton Ino.*
Rome-Cable Corp com..5
.....
-y
93
6% preferred D.....IOO
614% pf-100
Roeser A
>
Jan
Rochester Tel
Niagara Share-i-^h%- %•
ft Class B common—..!*5
Class A preferred....100
%
!
RochesterGAE16% pfClOO
%- Mar
■
Jan
%
Prod
Am dep rets def reg
Todd
Voting trust ctfs....i..l
-X-vA'-):
f
Feb
"
^
Hit
Mar,
t* Class B opt warrants.
Feb
Jan
49
Amer <lep rects ord reg..
Jan
Apr
Mar
Rio Grande Valley Gas Co
■
Feb
Feb
Tobacco Sec Tr Co Ltd—
5%
1
Richmond
Apr
10
Mar
%
Tohacco
%
*
Radiator
10%
3%
10
.....1
Rice Stlx Dry Goods
J«i
'3%
Republic Aviation..;...u-l
Mar
19%
Herv6% pf.100
Class A opt warrants
10%
Rbeem Mfg Co
New York Transit Co..*.5
'Niagara Hudson Power—
I €a«xt>o»e
10
32
Reliance Elec A Eogin'r'g 5
95
3%
15%
5%
Tllo Roofing Inc........
i
Reed Roller Bit Co......*
94'
Jan
Jan
78
$5.10 preferred...;—100
.i
:
1
•
t
3% Mar
19%
Jan
8% Apr
100
7% pref.100
1%
I-'-*.'
Class B common
preferred.
Raytheon Mfg common 50c
20
May
23
..1
Taggart Corp com
Tampa Electric Co com..*
Red Bank Oil Co—...-..*
82
N Y State Elec ft Gas-
I
Jan
Feb
.
100
85%
;N Y Shipbuilding Corp—
Nonia Electric;..*
Jan
14
......
Mar
Feb
he
ht
Jan
9%
"Jan
t
82
|: Founders Siiares-.-^-.l
j
6%
Jan
Raymond Concrete Pile-
aV£A\4'*.':-
N Y Water
hi
Apr
4
Railway A Util Invest A.l
1% '•Vkn
■
:N Y <fc Honduras Rosarlo 10
1
Apr
>41
.10
Voting common
Feb
7%
Jan
...
5
NY City Omnibus—
Warrants*..
Jan
*
Class B common
New Idea Inc common...*
12
80c
eonv
preferred
*
Jan
Jan
.2
«14
Feb
Udyllte Corp
... 1
Unexcelled Mfg Co.....10
Mat
...
Union Gas of Canada....*
Union
Securities.*
!No Am UtUity
Nor Central Texas Oil...5
Nor'lfld Pubt5er6% pf.100
V
7%'preferred
Northern Pipe Line
«3% Mar
72% Apr
87
Apr
;72% . 72
100
10
"T '""9%
Northern Sts Pow cl A..25
2%
11
Novadel-Agene Corp....*
/'•u
7%
>3%
Jan
102
Jan
108 (s;
Jan
9%
Apr
Jan
United Aircraft Prod
St
>
1%'Mar
11
*3
Jan
>
7% preferred
*100
.
Salt Dome Oil Co._*.._,_l
Samson United Corpcom.
Sanford Mills
v.
ihlo Brass Co cl B com..*
ihlo Ediscm $8 pref*....*
•hlo Oil
6% preferred.100
'hlo Power 4 %% pref.100
•hlo PS 7% 1st pref... 100
6% 1st preferred
100
14
17%
-Jan
Feb
Feb
Apr
100
IllO
-Feb
112
100
"85%
110% 110%
101% 102%
91% y95%
Mar
.
85
j
91%
'"98
.
*
2%
>1%V Apr
2'
'.rvilv'Kvj.h
6
lilstocks Ltd common...5
Apr
$3-preferred*.
$5%
conv
.50
prior pref—*
Feb
37
37
6% Mar
Sculiin Steel Co com.__;_*
'7%
,7%
:
jOllver Utd-Fllters B
Omar Inc*;.
17
111
48
"*f
Jan
4
1
'
1%
Selby Shoe Co.l.*Selected Industries Inc— '
'] Common........
!
)■••:
*23% £23 %
93
90
•Pacific P ft L 7% pref. .100
^Pacific Public Service...*
75 " '75
-72
93
24%
26%
22%
Jan
Jan
Jan
Feb
pPage-Hersey Tubes
Sherwla-Willlams com..25
..*;
?
5%
cum prefser AAA100
•
t
4%
American shares..!...
%
36
10%
Apr
22% Mar
72% Mar
74
United Milk Products.;,
Apr
United Profit Sharing.25c
$3 pa rtlc preferred., u
3%
Jan,
%
2%
50%
38%
Preferred
25
...
2%
Mar
6%
Jan
38
Apr
45%
Feb
U S and Int'l Securlties.
Apr
45
Feb
2%
9%
v
9
63
60%
111% 111%
U S Foil Co class B
Jan
%
Jan
Apr
53%
6%
Jan
Mar
27%
Mar
0 8 PlywoodSi.50 conv pref......20
U S Radiator com
Feb
10%
70
Jan
Jan
113
Jan
%
1
U S Rubber Reclaiming..*
2
9%
Jan
9%
U S Stores common
<
1st $7
conv
pref
H
Feb
Apr
SilexCo common........*
11%
6%
lParkersburg ltlg ft lleeL.l
(Patcliogue-PlymouthMills*
('Peninsular Telephone com*
i
$1.40 preferred A....25
'Penn-Mex
24%
Mar
30%
Feb
30 "
3L
"
%
% "Feb
.60c
Fuel
Jan
Mar
Jan
(Apr
Mar
9%
Jan
10
Ji
Universal Cooler class A.*
preferred.....*
15%
'Apr
17%
Apr
Universal Corp v t c..*..l
Simplicity Pattern com..l
Simpson's Ltd B stocks..*
1%
Jan
2
Mar
Slmmoas-Boardman Pub—
■
i
23 conv
Singer Mfg Co......".".100
Singer Mfg Co Ltd—
(Pennroad Corp
Sioux City G A E
.2%
1
tPeun Cent Airlines com..l
com
For footnotessee page 1744.
2%
5%
2%
6%.
8,900
2%
Jan
3%
500
6%
Apr
8
Jan
Feb
Universal
Skinner Orgau
130
135%
145%
Universal Products Co.._*:
Feb
Utah-Id alio
Sugar
..5
Utah Pow & Lt $7 pref..*
1%
Feb
Utah Radio Products.... 1
7% pf 100
5
Smith (H) Paper Mills...*
Insurance.....8
Utility
j
Equities
com..
10c
$5.60 priority stock...1
>i4
Mar
15
Jan
Feb
1%
Apr
Mar
2
Mar
•m
%
Jan
..*
Universal Pictures com..l
,
4 Amer deprctsordreg.£l
Penn Traffic Co.'!
Class B
Jin
Jan
United Wall Paper......2
(Paramount Motors Corp.l
JParker Pen Co
.....10
Van
Jan
he
United Stores common.50c
Jan
30
v"j«
4%
Apr
12%
50c
*
Feb
Apr
Jan
May
Jan
Apr
%
Apr
9%
110
Apr
4%
Feb.
Jan
Jan
3%
8%
44%
%
4
7
10
$5 1st pref with warr...*
5%
Apr
60%
>;
Jan
Jan
3% Apr,
.1
2%
Apr
Feb
U S Graphite common ...5
•
Jan
*34
57%
Jan
Feb
Apr
2
4
43%
Mar
%
Jan
Mar
Apr
hi
4%
2%
25 %
Jan
Jan
1%
4%
Jan
.
Apr
Mar
38
4%
Jan
%
Mar
Jan
Sherwin-Williams of Can.*
Jan
2
:*.10
preferred
United Shoe Mach com.25
Jan
Jan
9
10%
39%
'39%
%
United Molasses Co Ltd-
Mar
W
Mar
23
Jan
Jan
Mar
%
92
.*
Jan
Mar
1
'
Venezuela-
Jan
1%
%
1
Seton Leather common.L_*
Shawinigan Wat A Pow..*
Jan
hi
Mar
United Specialties comL.l
Sentry Safety Control—.l
Sliattuck Denn Mining...5
Jan
126%
%
%
Jan
Mar
Jan
%
Apr
83%
U S Lines Inc pref
$1.30 1st preferred..!.*
iPantei>ecOilof
69
Apr
Mar
Jan
*
$6 1st preferred..
Scrrlck Corp class B...L.1
87
Mar
25%
Apr
*it
97%
A..*
com
Common class B
Apr
%
2%
8%
2%
8%
Allotment certificates...
5%% 1st preferred...25
(Pacific Lighting $6 pref..*
r
8%
5
29%
27%
98%
Apr
Mar
Apr
1
2%'
Feb
Feb
...100
7% preferred
United Lt & Pow
Jan
9%
>14
?
:
;_1
Convertible stock
25.50 prior stock.!...25
iPaciflc Can Co common..*
pacific G ft E 6% 1st pf.25
Mar
18
Mar
Jan
he
9%
Jan
Amer dep rects ord reg
Segal Lock ft Hardware..l
Selberling Rubber com...*
?>-
11%
Apr
35
%
Feb
United Gas & Elec Co—
112% Mar
%
*.!.*
Apr
Jan
7
Option warrants
Jan
26
,
>u
>33
United Gas Corp com_._l
1st $7 pref non-voting..*
,..-T
Seemau Bros Inc
Feb
*14
,
Mar
7
Securities Corp general...1
Jan
2%
Jan
Apr
h2»
Jan
4
' Jan
vvl-,.1
Jan
Apr
Jan
36%
United Elastic Corp.....*
Apr
12
Jan
Apr
United Corp warrants
%
19
Feb
Mar
16
Warrants—
Jan
.
!—*
*.*,*;.>_u|.-l
Overseas tiecurlUes
i;
Apr
Apr
Mar
8%
20%
111
Scranton Lace common..*
Feb
9.8
^F'eb
40
42 J
:>
21
Scrauton Spring Brook
i Water Service SO pref..-*
Mar
12
41%
ipi% 101%
10%
20%
110
100
Oklahoma Nat Gas com.15
TO'
.
>i»
%
Scranton Elec 26 prof.'.;.*
:
}
!
3U
t Conv- preferred;.
.25
ScoviiLMfg^;t.w;;;.t25
10
Un Cigar-Whelan Sts__10c
Jan
%
Feb
Apr
Apr
& part pref...
Jan
3%
Apr
%
10%
120
Apr
%
*10
Apr
cum
Jan
2%
Apr
.
2
19
Jan
112.'Jan
•
■
107
l'
Scbulte (D A) common..1
Jan
i%
1%
5
Schlff Co common....... *
1%-
1%
103% 109%
2
2%
i--U*
Savoy Oil Co......
igden Corp com..;.:.;.4
$3
"
St Regis Paper common. .5
Jan
>15%
Mar
1
United Chemicals com...*
Lawrence Corp Ltd..*
Class A 22 conv pref..50
'
3
11
Investment com..*
6
Apr
8%
Jan
Jan
10
2%
41
26
29
Jan
Jan
25
Jan
Mar
22%
11%
Feb
Apr
3%
Apr
Feb
62
Jan
Jan
1%
Mar
1%
Mar
>>3
Jan
>1*
Jan
33%
Mar
38%
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE^
'
1744
^- •
'• Monday, May 4, 1942
r
—
—
NEW YORK CURB EXCHANGE
Friday
Sales
Friday
STOCKS
Last
Week's Range
for
(Continued)
Sale
of Prices
Low
1 High
Range Since Jan.
Price
Last
BONDS
1
Week
Friday
Week's Range
BONDS
of Prices
(Continued)
Sale
(Continued)
Price
Low
Week's Range
Last
Sale
High
Shares
of Prices
•
High
,
Low
Price
Public Service Co of Colorado—
1949
1969
Pub Serv of Indiana 4s.
3)4s A---*.1969 a O
os..-.---*1953 y J
Gatlneau Power
1
Valspar Corp com...
Glen Alden
Puget Sound P A L 5Xb
1st A rcf 5s scries C.,.
>
.—1965 M S
Coal 4s
Waco A *'raft
Queens Borough Gas A Electric—
series .A.. m -u,
..1963 j f>
Prod 6s... — 1945 j D
Mountain Pow 3^8
Grocery Store
West
Guantanamo A
6s...L.1958 y
j
Safe Harbor Water
1948 MTU
{•Guardian Investors 5s
—--1
4X8——1979
Joaquin Lt A Pow 6s B.1952
San
Walker Mining Co.
♦Schulte Real Estate 6s.....1951
..—1951
1967
Scultln Steel Inc 3s
Mills—6
Knitting
Wayne
Shawlnlgan W A P 4X3
Oil Co—r—1
Wellington
& Pr 3>$8
Houston Lt
Wentworlh
West Va Coal A
Air
Western
'•
f
••
1
Sheridan Wyo Coal
6s series B.
Coke—.5
Lines Inc.,1
1st 4Xs scries D..1-——.1970
J
?
Hygrade Food 6s A—-
Util 56 pref— *
West Texas
1951
.
hi'* 4
'
Class B
1950
Light 5s...1978 J D
{♦Gobel (Adolf) 4Xs A
1941 M S
4s_ — --1950 j J
Great Nor Power 5s stpd.-L.1950 F A
Green
.1949
—.1950
] 1st A ref 4X8 series D
Grand Trunk West
Co..——*
Wagn.T Baking— ■ j) r - J
V.« extended—
*
7
preferred—...-1O0
W -*t A Bond class A—-*
106X m%
6% perpetual certificates..
Util 6 Xs A — .—1956 A O
•General Rayon 6s A...--.'-1948 J D
Gen Water Wks & Elec 5S..M943 j D
Gen Public
Georgia Power A
$105X 107
Public Service of New Jersey—
General Pub Serv
5
Petroleum—1
Va Pub Serv 7% pref.100
Vogt Manufacturing
_*
preferred
34 conv
Venezuelan
•
.»•>'•
6s.x....1947
102
6s.—.1957
Edison 3s.—*1965
South Carolina Power
Southern Calif
•
3)48
-'-1967 A
111 Pr & Lt 1st 6s ser A -—1953 A'
1st A ref 5)4s series B-.—1954 J
Idaho Power
7% 1st preferred. — 100
& Station'y
.
Western Tablet
Common
—-
Southern
Inc—.--10
100 X
-
56
1970
..2022
Southwestern P & L6s
56 X
•
106)4 106)4
"
•
-88H
88 '
...—1980
Spalding (A G) 5s
105
100
..i.1971
Indiana,Rys 4s-.i.l951
Southwestern G & E 3X3
101X
104 H
1st mtge 3s.
Registered
1st & ret os series C — *—1956 J D
S 1 deb 5)4s
.^May 1957 M s
Westmoreland Coal-.--20
Westmoreland
O
O
D
105X
100 %
1970
Southern Counties Gas (Calif)—
com...20
Grocer
Maryland Ry—•
Western
102 !
v
1104 "
Southern Calif,Gas 3X9—.j.
Western
107 X
107
1964
1st mtge 3 Xs
7
■'? S f deb 4.3
•49)4
49)4
*51
f
(stamped) --'——May 1948
Conv 6s stamped.—May 1948
50)4
55)4
55 H
I
Debenture 6s
...1951
51
55)4
Standard Gas & Electric—
1
Weyenberg Shoe Mfg
5s.——.1958
Indiana Service 5s..-.
—1950
1st lien & ref 5s>.-«,->—-1963
♦Indianapolis Gas 5s A . - - .1952
Indianapolis P & L 3)4s. - —1970
Indiana
Oil Corp. 10
C) & Co.—*
OllO-Mat Ht..*
Wichita River
Williams (R
Williams
«
Inc—.1
Co.-.-'-*-10
Wilson Products
Wilson-Jones
Wolverine Portl
6s
AfN
^ J
F A
A- O
MN
•Starrett Corp Inc 5s
{International Power Sec—
♦6)48 (Dec 11941 coup).1955
♦7s series E...
1957
♦7s (Aug 1941 coupon)..1957
J
J
J
y
M
y
j
j
8
j
—
New York Curb
5s..—-----1957
Debenture 6s
1952
Iowa Power & Light 4 )4s —1958
Italian Superpower 6s..—... 1963
Exchange- Bonds
Sale
BONDS
Price
v
for
Week's Range
Week
of Prices
High
6)4
8)4
6)4
67 %
70)4
65
31)4
33)4
31)4
16)4
;
1107)4
--*<-7)4
7)4
7H
5)4
5
6)4
78 X
39)4
107X 108X
6X
7X
Texas Electric Service
Toledo Edison
Since
Jacksonville Gas (stpd)
Jersey Cent P A L
3Xs
3Xs
1950
4s......1949
Co—
> 1st lien A cons 5Xs
,.1959
United Lt A Rys (Del) 5X8.1952
United Light A Railways (Mc)—
| 6s scries A
1952
1950
debs.....-—.-I960
2X8 s f debs
3X3 s f
United Light A Power
—L..1970
•k-S'Xs s i debs
Utah Power A Light Co—
deb 6s..2016
Writing Paper 6s
1961
Amer Power A Light
Amer
A
McCord Radiator A Mfg—"
9.0(H)
stamped....'.—.—...1948
Mengel Co conv 4X8
1947
Metropolitan Edison 4s E--.1971
5s—-—1950
16,000
.....1968
6,000
S ^Convdeb 5X3----*--—1977
85)4 -85'4
6s
5,000
♦Debenture 5s
100
A..1-1955
2,000
Atlanta Gas Light
4X9'- ----1955
3)481964
A Sons (B. F)—
•
-
5,000
Atlantic City Elec
8,0(H)
deb 5)4s
Avery
106
99
59 X
60X
104)4 104 X
]
lsfref SsBeries B...X-.-il950
Deb a fes.--.-.—T—1946
108X
107
109 X
X 101
56
64X
Waldorf-Astoria Hotel—
102X 106
4X8
r.1978
5#.^:—i-L——1955
'Mississippi PAL 5s—r.—-.1957
Mississippi River Pow 1st 5S.1951
Missouri Public Service 5s... 1960
100X 101X
110X 111)4
Minnesota PAL
1st A ref.
-
100 X
104 X
105 X 108
100X 104)4
110X nix
101X 104
4s
109X 109 X
108 X 108 X
:...
Wash Water Power 3XsL.
West Peno Electric
5s.'
■>'Y
it.e
\
,
76/
163 X
69
76 X
66 X
75X
6s unstamped..—
' 108)4"
107
ip7xiorx
Western Newspaper Union-
2X
4X
108X 109X
•99X10»X
107X 117 " :
99X iorx
West Penn Traction 5s
6s Btamped.———WL.
62
67
Works-
Baldwin Ivocomotlve
■)
:
v,'2Xr:3J:.-
♦5s Income debs:..v....
Wash Ry A Elec
,K
i
.
1947,
5s without warrants
'
85X
98 X 100
ioo x ioo x
100k 102
105X 106X
_
—.1947
5s with warrants..
«
v
!
100
80
108 X 108 X
J109X 109 X
—...1965
6X8--1945
Midland Valley RR. 6s
'..1943
Milwaukee Gas Light 4)48—1967
4s series G
Middle States Petrol.
Assoc T A T
4X8---.—>1944
A..........2022
;
2,000
deb4Xs——»--i--J948
♦Conv deb 4Xs-i-.>.
1949
♦Conv
k ♦Conv deb
1st Hen A gen
Deb 68 series
108X 108X
Virginia Pub 8erv 5Xs A.j.1946
Co—
{Associated Gas A Elec
P
99 X
■
•<•
•
•
9»X
Long Island Lighting
Louisiana Pow
\
i
1106X 107 X
3X8.1966
63—.—1945
A Lt 5s. 1—..1957
Lake Superior Dlst Pow
Appalachian Elec Pow 3XS--1970
Appalachian Pow deb 6s. i- .2024
Arkansas Pr A Lt 5s
...1956
Associated Elec 4X8—;
1963
-r
stamped
United Electric N J
6s._
Kansas Pow A Lt 3X3—
Kansas Gas A Elec
Electric Co—
American Gas A
—
5s.'—
3Xs
Rapid Tr 5X8
Tide Water Power
Twin City
Conv 6s 4th
u
5s.
Texas Power A Light 5s..
'J 6s series A..
Kansas Elec Power
;r
55)4
22
Certificates of deposit——
Range
Jan. 1
Low
7-48 3d stamped...
....
dates
eruiuy
Last
....
1941 coupon.. 1952
♦7s (July
Interstate Power
53)4
51)4
22
1946
...1946
7-4s 2d
F A
♦7s series F
—.2
Woodley Petroleum..... 1
Wool worth (F W) Ltd—
■i
Amer dep rets
5s
Wright Hargreaves Ltd..*
50 X
1957
1950
Stlnnes (Hugo) Corp—
1955 J D
♦6X9 series C—
Cement 10
Wolverine Tube com
"
50 X -5654
i.1957
6s gold debentures..
f
'
-
[ Debenture 6s..—.iDec 1 1966
Standard Power & Light 6s..
106
Wisconsin P & L 7% pf
Hydro-Elec
Convertible 6s.....——
B
1st M 5s series
5s series C
'
•'
>
'•
{♦Nat Pub Service 5s ctfs...1978 F A
Nebraska Power 4X8
1981 J D
6s series A
2022 M S
—
—
■'
,*
"
.
^
{♦York Rys Co 5s stpd
1937 J
J ♦Stamped 5s
i—..... 1947 J
1945 F A
Ltg 5s
Nassau A Suffolk
Canada—
Bell Teleplione of
'
D
I)
—
Bethlehem Steel 6s—:
Boston Edl9on
A O
J
53..1947 M S
J...5s—.,
i
..1948 J D
Conv deb"5s—L—————1950 J7N
Nevada-California Elec 5s.1..1956
4Xs..
Birmingham Electric
New Amsterdam
2X8—
Broad River Power
5s
New Eng Gas
Gas 5s.....1948 J
A El Assn
New England Pow
3X8
New Eng Pow Assn
5S..1953
3XS---1964
5s
1948
—1954
Debenture 5X8
Canada Northern Power
Central III EI A Gas
5XS'— -1953
3X8—vl947 A O
Cont'l Util 5X3
L.1948 J J
Nor
1st 3Xa
J
•
•
.*•
'Yv'
f
1st mtge
3si.—y.;.—..
Okla Nat Gas 3Xs B..
♦Medclltn
Mtge Bank of Bogota
♦
*
7s..j. 1947 J
i.^-. JXN
i_—— Ai.O
1927
Oct 1927
Issue of May
♦Issue of
i
.
j
■
.
4X3--i-- —-*--1951
Continental Gas A El 5s, .*—1958
Cuban Tobacco 5s
1944
Gen mtge
,
Cudaby Packing
3X«.—.1**1955
3,000
♦Mtge Bank of Chile 6s —1931
Mtge Bank of Denmark 5s..1972
Parana (State) 7s..----1958
164,000
1,000
-
♦
6,000
Pacific Ltg A Pow 53
1100
.
1st
£s—.
"
'
3XS-.
3X«-—i—
Penna Water A Pow
»
Phila Elec Power 5Xs
Phila Rapid Transit 63..'...
Portland Gas A Coke Co—
•
♦Russian Government
♦Santiago
Federal Water Service 5X8—1954
i
5s stamped extended...>.
Finland Residential Mtge
j,
J105/ 108
$105 * 108 -
Bank 6s-5s
'
stamped1961
Florida Power Co 4s ser C„r =,1966
Florida Pow A Lt 5s...._.=t.1954
^
i
♦ No* par value. ; a
n
-
9O
--
99X
I
-
I.V-
'.
J18X
llOX
------
1
1
5,000
IX - IX
tl3)4;;-L--
16.06°
IX
AY*
'
'
Odd-lot sale.v .
aTEx-divldend.^
sales-belasAransaoted during current week.-"'-,
*: ..'...J.'
>
\
receivership;t"
j Abbreviations Used Abocc—"coA"i certificates of-
denosltr-Iconst!'- consolidated-;
voting stock;
l3sued?^vrW'.**"Witb' warrant*;)?'*
Potrero Sugar 7s stpd.;;..".
$ 100 x 104 '
•?*cufn," cumulative;
"conv," convertible; "M/' mortgage;''n-v.'r non
Power Corp (Can)
-$70X--75
Vv t c," voting trust
certificates; "w l.^when
without warrants;v
'i
4 Xs B.;
12f "
18X
10X 14X
iv •w::::• C* C"-1
Cash sale. ^
and Mkod price; no
.*•Iw'
\2"
15
13X 16-
20
Deferred delivery-kale;- d Ex-lhtdrest^ -'e
Under-thc-rule sale*, r
{-Reported In
-
v
^ 2125X 28
1:—-:
"
IX *-lX
D
--1921 J J
—1949-J\ J
♦Bonds being traded flat...
-90X
-109-109
110
4Xffseries F:.
78—i_—
r-;•"v;::~
i
I
6Xa..1919 J
♦5X8-----U------
I Friday's bid
$96X
•'!
Potomac Edison 5s E.;_„.
j
113*4 113 X
-105X 105X
*53 stamped....:;—....
1(1X *1,000 ♦• 9)4
J D .'-Y- ; ^ " 15'4 "16,000
J, D Ir.*,. 1 J20
M H
J13X 14X
6Xs—-—1950 X J i..->
105X 105X
Electric Power A Light 5s
Elmlra-Water Lt A RR 5s,
Empire District El 5s;....
♦Riode Janeiro
-
k\-
.....
99X
J25
• 28 X
100X 102 x
Park Lexington 33.........
Penn Cent LAP 4Xa._
Eastern Gas A Fuel 4s.*...
103
99X
Pacific Pow A Light 53
*
6
13X
5,000
1,000
12
15"
127 X '32
127X 32
'
-
13 "
22
35 ^
20X ' 21X
'
'*/
-
12
r.15
- MX
.1958 M N
7s stamped. J—i^1951 J 1>
9X
3,000
22 t 22
"k 1,000
'• -«■, ; ■!
f•
J5.X V—
---
;
*•>;,'•!
-12-r
♦Maranho7s
108X 109 M06X IOSX
102 X 162 X
Okla.Pow A Water 5s.
-
♦Lima City
106X 107
X104X-106 ;
Ohio Public Service 4s:
.8
(Peru) 6Xs stpd. 1958 M
{107-X 16SX
5s__J—^
Ohio Power 1st mtge 3Xs
35
35
25
25
1,000
1,000
-Z&i'S
•••
J, J ...SA
i ■1
iOgden Gas 1st
'
City)'—-
- •
1 ♦External 6Xs stamped...1952
—
'
Ext
Danzig Port A Waterways
A L.5X»i—1952
v
-
-1955 UN
5S-,.*-^-iu—.1953 F A -:...
Danish
.'.1969 F A
series A
*— —
Consolidated Gas (Bait
35 ^ 35 "
35
35
^>•
:i
11.X
10X 11X
......
......
Ind Public Service—
Northern
Since
\T
Agricultural Mtge Bk (Col)—
♦20-year 7s ——April 1946 A O
*20-yoar 7s ——-Jan 1947 /
J
Bogota (sec Mtge Bank of)
•
♦Cauca Valley 78....
1948 J D
J
Nor Boston Ltg Prop
'
Jan. 1
Low
J
)
...-.1956 J
5Xs series A..—
Range
of Prices
High
Sale
Price
•
f
--u-1949
Community PAL 6s
;---1957
Connecticut Lt A Pr 7s AL>.1951
Consol Gas El Lt A Pr (Bait)
3X8 series N
'—-1971
•'
1st ref mtge 3s ser P—'...1969
Ast ref mtge 2X8 8er Q....1976
5X8-*
—1954 J
Debenture 53
North American Light A Power—
A...-1952
l—1955
Cities Service 5s._.:_——Jan 1966
Conv deb 53
—i—1950
Debenture 5s..>i.-.-'-*i—1958
Debenture 5s..1969
Week's Range
Last
BONDS
ctfs——1927
{♦Chicago Rys 5s
Cities Service P
Friday
■'*
D
State E A G 3Xs
.1964 AfN
A Westchester Lt? 4s._2004 J
J
N Y
Cincinnati St Ry 5X»
68 series B.-
■*
-'
*Income 63series A...Nov 1949 J
N Y
Ckmtral States P A L
Foreign Governments & Municipalities
1961 MJV
.1948 A O
.....1954 J D
New Orleans Public Service— *
?
{♦Central States Elec
♦5Xs
5s
wvi',
'
••'
Number4069
Volume 155
THE COMMERCIAL & FINANCIAL CHRONICLE
.'
.
'————
..
.
1
|
liSilllWiSMimUmother
■■'-i:"v-v v:"
'v^
: I'.i.* **■'v.-.:'.
T 'o"1
•'
25
to
May
1,
inclusive,
both
compiled
Week's Range
Last
Arundel
224
4
4%% pref B...
4%
100
East Sug Assoc com vtc..l
27
Fidelity & Gu Fire Corp. 10
'
6
107
Mar
50
27
9
38
9
9,
50
9
19%
Preferred
».
24
2.40
100
24
121
2.65
Feb
76%
Apr
49
145
16%
Mar
19
Apr
97
-Mar
92
Apr
New Amsterdam Cas—;.2
Northern Central Ry...50
89%
phiiifps Picg
89
5%% pf-ioo
Seaboard Comm'l
com..
U S Fidelity & Guar
10
6%
.22
.2
Western National Bank.20
17
28
89%
30
90
!89-
88
;
Apr
43
.Jan
100
Feb
h
2,950
»i»
28
Apr
28
100
Apr
7%
Mar
22
Jan
25%
28
Apr
31%
Jan
6%
Ctfs of lndebt 5%......
89
89
50%
52%
A 5s flat. —......1975
60%
62%
OH
*
4%
ptshs
v t c
'
•
V
■
16 %
10
103% 103%
10 H
11H
100
Sale
Par
Stocks-"
■
Week
of Prices
Low
Price
.-.f ;'i,.
Range Since Jan. 1
Shares
High
JjOW
-OH
"
7%cumulpref
100
Curtlss-Wright
....1
Amer Tel & Tel
100
109%
101% 110%
97
30
79
81
298
21%
19%
Apr
Apr
52%
51%
54
12
12
Jan
134%
lnc
18%
3%
22
General Candy A...
Mar
—100
Prior preferred
...100
Cl A 1st pref
Apr
2%
Jan
8%
Jan
Mar
3
Class B 1st pref stpd. 100
Cl<vK8 C 1st pref stpd. 100
com
Class C 1st pref.... .100
60
1%
Apr
5
1%
1%
Apr
2%
Jan
Prop Trusts. *
9
2%
Feb
1%
10
1%
Apr
1%
Apr
*
Jan
5
5%
Jan
6%
Jan
IOC
Jan
70c
Apr
39
Apr
50%
Feb
32%
Jan
25
IX
12
110
5%
10
1,140
2
Jan
Jan
4%
5
10
3
Feb
6
Apr
25
Feb
Feb
19%
Mar
Apr
3%
160
3%
Mar
11%
Jan
9
Jan
v
Mar
Feb
Jai
2%
Feb
Apr
24%
Feb
Cincinnati Telephone...50
60%
62%
6%
60% ' Apr -4 77jv"Jan6%
Jan
1%
Jan
3% -Feb
17
Feb
20%
Jan
Crosley Corp,.
—.
Apr
6%
Drug............
Gibson Art.............. *
.
m
m
Jan
15e,
Jan
■*.
i
w'»
MassUtil's Assoc v fee. —1
15c
■
Linotype..*
30%
'
i-
16c
400
.
32
50
.
4%
:
Tel A Tel...100
350
27%
Jan
,
Jan
Apr
3%
2%
4%
29c
Kroger.....
i__
Liquid Carbonic com
Loudon Packing com
44%
Jan
2%
Jan
3: '" Feb
22
2%
1,500
200
Jan
Feb
3%
3%
354
26%
28%
20%
Apr
2%
2%
W
8%
80
86%
N Y N H & Hartf RR.. 100
735
4%
100
8% May
:
Apr
28c
5
Jan
8% May
Feb
101%
Jan
130
Mij
49c
40c
Jan
80
335
86%
llJt
**400*
;
?■:
4%
.1,105
Apr
Card
Preferred...........50
32
Wurlltzer............ .10
•
Apr
6%
Unlisted—r
-■?V: *
Pacific MiHs Co...——*
9%
Apr
12
_»
9%
Jan
*
1 %
Feb
1054'^Feb
1% 'lda.fi
JO
30
50
20%
8%
Shawmut Assn TC
*
7%
Stone A Webster
*
4%
19%
8%
7%
...3%
Suburban Electric
*
50c
Jan
01^ «
April
25
to
May
1,
both
inclusive,
Torrington Co (The)
*
..." 5%
Feb
Jan
Feb
Clark Controller.
Apr
CI Cliffs Iron pref..
CI Elec 111 $4 60 pref...
50
210
33 %
3,150
4
Apr
Sale
Stocks—
4
....
al6% 016%
"954
Jan
North West Util
*
22
Apr
28
205
30
Apr
35%
Cleveland Railway
Cliffs Corp com
8%
150
8%
Apr
Jan
Colonial Finance...
6
6
6
Mar
;;v8::-v;
Jan
7%
400 f
Jan
all4
«114
110
Jan
115
52
53
50
Jan
53
Apr
Apr
7
Mar
10%
8%
80
24
Mar
%
10
11%
8%
220
1%
400
H
24
11
H
j.
;
14
Apr
10%
Jan
Goodyear Tire & Rubber
he
Apr
1%
Apr
1
Apr
Jan
c
5%
Apr
8
Jan
c
100
Mar
10 H
200
May
Apr
25
10%
54%
19%
10%
16%
56%
23S
54%
Apr
585
40%
1%
c
52%
52%
462
39
98%
6%
Warren Bros.——*
8%
72
*
......i,
72%
57%
Feb
11%
Jan
37%
Feb
Jaeger Machine...
17
18
74
Jan
Lamson & Sessions
4
4
51%
Feb
Leland Electric
12%
Jan
McKee (AG) B..
7%
Mar
Jan
46c
Feb
95%
Apr
6%
%
Mar
Jan
.
50
Jan
40%
Jan
Apr ■v-M.4
Jan
-
27
Apr
Jan
%
Jan
c Republic Steel com.
Seiberling Rubber
*
--*
Apr
15%
Jan
.2%
Mar
Van Dorn Iron Works
Mar
Vlchek Tool-...—:-.
3
' '
X
1,050
25%
;
3%
3%
o50
Jan
106
Feb
c
Paramount Pictures
com
eap
Jan
c
.28%
•
.
'vsk;
Apr
*
530
3%
Jan
100
7%
Apr
9%
p
V'
7
.
C
.*•" I',,-.*
"f v
>..
V"
% ?
4
*' C
*
,
100
4
Feb
4%
4%s.l970 —$
,39% .39%
.38
$1,000
73%
81,000
: 73%
Jan
73%
42%
Feb
Apr
75
Jan
22%
300
Apr
27%
Chicago i Stock Exchange
inclusiye,
compiled
Week's Range
Sale
Price
lists
sales
for
Range Since Jan. %
..
Week
of Prices
High .Shares
Low.
Abbott Laboratories com.*
38%
Aetna Ball Bearing com..1
Allied Laboratories com. .*
10
.
Allls-Cbalmers Mfg Co.—*
c Am Rad & St Sun com..*
,
10%
22%.
3%
cap.100
38;%
150
37%
Mar
49%
Jan
10%
50
9%
Jan
11%
Mar
,
100
10%
Jan
12%
Feb
200
10%
244%
22%
3%
102%
Apr
Apr
30%
4%
Jan
Jan
200
102% 109%
23
2,245
2%
6%
Aro Equipment Co com.. 1
Atcii.Top A S Fe
.*
23
350
24%
3
7
Apr
133%
Jan
Apr
28%
350
2%
6%
100
20
50
^
*v -• \
v»
i4
Apr
26
Chicago Stock Exchanga
10
7% May
11% Feo
1Q% Jan
'"6% May
9%.
Apr
56
Jan
205
11%
Apr
15%
Feb
150
13
U
11%
1%
10' *
Jan
12%
Jan
Jan
1%
Apr
Telephone: Randolph 5530
•
%
800
Jan
20%
824
Jan
19%
37
446
36
70
24
Apr
60
50
47
Apr
'
'
Detroit Stock Exchange
Feb
Jan
25
6%
6%
Apr
8%
Jan
MX
7%
Apr
Apr
26%
Feb
10%
Jan
22%
236
7%
90
.57,:
i
Feb
550
2%
Jan
3%
Jan
Brown McLaren common. 1
1%
Stand Oil of N J cap...25
Stewai t Warner Corp com 6
25
25
Jan
39%
3%
Apr
4%
Jan
7
*7
50
■7
Apr
7%
15%
Jan
Un 1 ted AIr Lines Trnsp cap 5
U 8 Steel common..
*
M fg A com 5
Bastlan-Blesslng Co com.*
BeJden Mfg Co com.
10
13%
Berghoff Brewing Corp..-l
-
12,%
33-
5
13%
100
13%
12%
32%
6
Feb
-
Jan
50
-
11%
Jan
14
Feb
290
32%
Feb
Apr
39%
55%
55%
11%
12
Jan
Walgreen Co common
55%
Apr
67
Jan
Apr
15
Jan
We8tnghsElAMfgcom.60
Mar
Wisconsin Banksharescom*
Woodall Industries com..2
r
5
Apr
57%
Jan
Continental Motors com.l
3
3
300
3
Apr
3%
Apr
1%
Jan
1%
1%
200
1%
Jan
15%
Apr
1%
1%
3,990
78c
Jan
1%
1%
Apr
18%
r'
Borg Warner Corp com..6
21
22%
1,000
19%
Jan
23%
Brown F'ence A Wire—
Common....
Class A pref
Bruce Co (E
L) com
Butler Brothers.
5% cum conv pref
*
..5
,...10
30
For footnotes see page 1747.
;i%
-8
i.%
•
-8
.11%
12:
5%
20%
v
1%
7%
:
5%
20%
10
5%
19%
Mar
1%
Jan
10%
Jan
13
Jan
Jan
6%
20%
17%
454
57%
Durham Mfg com -
33%
Apr
Federal Mogul com
4%
Jan
-
&
.
Jan
Feb
Feb
1,290
1,000
750
Apr
620
1%
Mar
5%
470
8%
8%
100
4%
8%
Apr
Apr
com.l
1%
2%
5
Jan
Gen Motors eom....j. .10
32%
1%
Mar
2
Jan
Goebel Brewing com
2
1
16
400
1%
33
1,203
30%
2
400
Y%
:
27
Jan
Graham-Paige common..1
75c
75c
100
70c
Jan
Jan
Grand Valley Brew com .1
60c
60c
500
60c
Jan
6
Mar
V. 80c
4 %
4
20%
8
80
500
155
950
400
Jan
Jan
39
Feb
Feb
Jan
l%':uJan
20c
900
16c
Mar
2
1,950
1%
Jan
1% iiFeb
86c
170
75c
Jan
1.25a< Jan
5
300
4%
Apr
2
Jan
2
.»
3
40%
•
'
2%
300
19%
585
Jan
Parke, Davis com
*
Parker-Wolverine com—*
5
5
210
5
Jan
Peninsular Mtl Prod com. 1
75c
75c
100
50C
Apr
119%
1%
1%
1%
2%
Yates-Amer Mach cap.-.5
c Yellow Tr A Coach cl B. 1
2%
10%
3
10%
Mar
18%
Jan
26%
Mar
81%
Jan
4%
2%
Mar
Jan
4
Jan
110
40 4:
Apr
62%
Jan
5
Jan
100
2%
1%
1%
1%
1%
287
2%
2%
500
Prudential Invest com... 1
Rlckcl (H W) com
14
Scotten-Dillou com.....10
10%
Apr
,
10%
10%
500
8%
Mar
Mar
Feb
60c
2%
Apr
Apr
75c
Jan
47c
Jan
1%
2%
Jan
2%
100
——
1
80c
80c
100
——
*
55c
55c
Universal Cooler B
Mar
Mar
2%
U S Radiator com...
1
Wayne Screw Prod com..4
Wolverine Tube com
2
200
3
1%
700
3
3%
200
6%
6%
:V 250
'
'
4
f
Jan
,
Mar
75c
.
Jan
Jan1
Apr
85c
'
•
1%
Apr
1.00
1
Jan
Jan
Apr
60c
Jan
1%
-Jan
2% '- Jan
2% Mar
15% \Feb
Apr
Mar
317
1
Mar
1%
60c
Tom Moore Dlst com
Feb
76c
-
2
60c
TlvoliBrewingcom..—..1
65c
Jan<
6%
Apr
2%
65c
1%
Jan
Jan
Jan
695
150
1%
>5
Jan
75c
400
1%
■
Apr
Jan
100
2%
l)i
1%
2%
1
—
Simplicity Pattern com—.1
Std Tube B com
...1
13%
12%
14
110
14
2%
1%
Sheller M fg com
(3%
Mar
75
19%
850
.2
River Raisin Paper com..*
Jan
Mar
Warner Aircraft com
Eenith Radio Corp com..*
5%
2%
27
Mar
300
3
43%
1%
100
11%
>'
-Jan
1%
86c
55%
Jan
4%
23c
4%
47%
Apr
150
-
19%
*r-.7
Apr
300
1%
IX
Jan
1%
18c
JaD
Apr
,
Feb
-Apr'
Mar
63%
62
226
65c
1%
74%
Jan
Apr
Jan
1%
Michigan Sugar com
*
Murray Corp com
10
Packard Motor Car com.. *
23%
465
Jan
Feb
Apr
Apr
Apr
:■)
65%
30c
ml -x
Feb
Feb;
2
2
Mich Die Casting com... 1
10
Apr
1%
16
600
1%
3%
250
44c
1%
Jan
45%
110%
1,050
4
42c
Apr
.
58%
41%
7%
617
4
Kingston Products com.. 1
LaSalle Wines com
2
Masco Screw Prod com—1
McClanahan Oil com
1
25
Apr
30%
150
Hudson Motor Car com..*
Hurd Lock A Mfg com—J
Jan
24%
Mar
265
Jan
Apr
19
Apr
19%
6
5%
-
Jan
16%
200
,
Jan
99c
42%
"
cap
Feb
Apr
?
Apr
1,707
16%
25%
Apr
2 %
Apr
250
1%
Mar
2
35
Jan
Mar
31
650
59%
43%
*; 9%
47
113%
63%
4%
Jan1
-5%
8%
20
300
•
8%
24
«
2
Jan
Apr
Apr
.224
■
Jan.
Jan;
2
5
Jan
Feb
Mar
1
1%
>;2%
Jan
Mar
80c
1%
f1
5
Frankenmutu Brew
15
75c
15%
1,000
31
16
Feb
Feb
29
„
100
17
21%
21
.
„
140
300
5%
4%
4%
16%
20%
20%
Jan
Jan
•19
Apr
4%
.200
;. 300
Feb
*
Det A Clev Nav com
10
Detroit Edison com
20
Detroit Gray Irom com. 5
Det-Mlchlgan Stove com.l
Crowley Mliner com
Udyllte com
Wrlgley (Wm Jr) Co
...1
45%
1%
*
Feb
1%
1%
110%
Western Un Teleg com. 100
11%
•
:
39%
41%
cum preferred.100
75
800
Jan
50
8%
45%
Utah Radio Prods com...1
200
5%
Bethlehem Btl Corp com *
Bliss & Lauglilin lnc corn.5
1%
150
58%
Jan
6%
7%
High
100
1%
30%
8%
Union Cart) A Carb cap..*
U S Gypsum Co com
20
Barlow A Seel Ig
Bendlx Aviation com
•
15
3
27%
"
2%
5%
c Studebaker
Corp com..l
Sundstrand Mach T'l com 5
Swift A Co capital..
25
545
v-:.,Par
39%
4%
c
450
.
2%
31)4 31%
2%: 2%
2%
3
1%
1H
20 * 20%
31
31%
2
36%
.
1%
Standard Brands com..*
3 >
Week
Shares
1%
Stocks—
Range Since Jan, 1
for
39%
Standard Dredg Crp com.l
Standard Oil of ind cap.26
35%
Low
146%
670
100
of Prices
High
Sale
Price
Mar
Jan
com
Week's Range
140%
Apr
(The)
Sales
Friday
10
14%
Trane Co
official sales lists
April 25- to May 1,. both inclusive, compiled from
Jan
70
Apr
56
,110
...
141
s
44
Texas Corp capital
DETROIT
Ford Building
Jan
43%
40
■;
100
Jan
''v.vv- /iv■"?*
Feb
,
275
-.3
com.
Aviation Corp (Del)
—
i
6
^
15
Feb
■
8
Jan
«v&"
,m.',
New York Curb Associate
120
7
•,
Members
Detroit Stock Exchange
200
10%
56%
Jan
Apr
.•
New York Stock Exchange
69
14V
*
Apr
Mar
-25
25
v
Jan
15%
.
^'• ■
'
Jan
15
Swift International cap.
Anaconda Copper Mln_50
Armour A Co. common..5
c
>\v.
'•
1*' t,V'.iV-'"*'"'>W"
Apr
50
45
Jan
' V
*3.5%."jan
6%
15%
common
56
~
23%
44
c
ian
Jan
7
Sangamo Elec Co com...*
Spiegel lnc
.'
Feb
Apr
Apr
7%
Serrick Corp B com
1
Sth Bend Lathe Wks cap.5
Sales
Friday
Last
official
from
55
35%
4%
Bears Roebuck A Co cap..*
both
>Apr
15%
21%
Radio Corp of Amer com *
com
Mar
6
550
366
19%
100
Republic Steel Corp
11
400
7%
17%
36%
6%
Rath Packing com...... 10
Raytheon Mfg Cc 6% pref5
c
v;
Jau
69
Quaker Oat3 Co common.*
c
Jan
% J Jan
'
(The) com..*
Preferred..
a
7
Watling, Lerchen & Co.
Feb
r
Last
...—.I960
;>-V.v\.
V
.
Jan
'
Apr
Jan
7%
4%
12
Pullman lnc capital...."
cPure Oil Co
.-'Feb
2%
Jan
5
: u%
1%
Pressed Steel Car com.... 1
1
Jan
14
Api
21%
100
Jan
Jan
4%
Apr
10%
6%
17
Apr
Mar
4%
4%
1
7%
28%
7%
45
Feb
Apr
;
Mar
Jan
24%
7
11
4
5%
•
Fet)
".Jail
6
Jan
013%
5%
Apr
%
Jan
15%
2%
Feb
»
2% May
43
>Apr
Apr
6%
10
o30% 031%
23%
15%
%5
.
o50
ol3
4%-
;.
%
5%
West Res Inv Corp pref 100
50
Feb
21%
37
-
White Motor
244
■4>
41
Youngstown Sheet & Tube*
Mar
-
Jan
^Mar
Jau
3%
6%
i#
1%
Jan
150
•
15%
12%
7.
-i-iMar
32
19
10%
-*
Jan
W10%sf3an
Apr
26
*
900
*
Apr
Apr
Apr
15%
15%
a2% a2%
a26% o26%
7%
8%
25
Jan
"'-'Feb
5
Jan
15%
23
Mai
3
.800
4
15%
Apr
Apr
2%
40
3%
25%
•
.
Standard Oil of Ohio
Jan
19%
29
5%
11%
:i
9%
Jan
19
170
i
10%
-.5
Mar
7%
40
2%
40
Otis Steel...
24%
15%
15%
National Tile
Reliance Flrctric-
Jan
Jan
Apr
Apr
29
2
National Refining (new).*
Prior pref 6%-;..--.-.*
Apr
8%
500
9%
19%
15%
3%
11%
72
10
15%
Jan
Apr
11%
1%
18
.*
Apr
5%
Mar
he
100
.
21
98
Mar
8
84
2
21
Peabody Coal Co B com. .5
6% preferred100
Pennsylvania RR cap...50
20
%
.
30
12%
„..2'..-:
Parker Pen Co (The) com 10
43%
Apr
Bonds-
com.
3%
6
National Acme...
27%
11%
72
a21% «2154
9%
29
J4%H Jan'
23%
72
3%
Industrial Rayon com.
Interlake Iron com
43% May
.Jan
Apr
Mar
Jan
Apr
3%
Apr
2454 Mar
6
Apr
37%
Apr
17 J
Apr
a21% 023
«13% «13%
i...........
38
Mar
.
3%
100
it
"
25
415
11%
Interlake Steamship...^
Apr
2%
,
10
8%
"
Mar
115
176
.
650
4%
3
Mar
20c
98%
6%
%
6%
%
3%
25
w...
Peoples G L A Coke
;
27
4%
25%
50%
50%
300
31c
150
25
;i;.
Associates Invst Co
11%
Jan
97
30%
26%
Jan
6%
80
30%
2%
8%
39
25
27c
Vermont & Mass Ry Co 100
992
50
97
Mar
50%
50%
62%
Amer Tel A Tel Co
43%
Apr
11
"100
5%
5%
97
Prior lien pref——100
"51%
Stocks—..
61
109
42%
11%
Dow Chemical pref.
Electric Controller.;
c General Elec com
245
62%
100
Jan
—
14
61
Apr
F referred.
a93
109% 109%
8%
150
«93
.1
12%
(j
T%
100
30
20
1%
......
Apr
5%
■
7% prf 100
Jan
Feb
7.%
260
Mar
9%
7%
30
Mar
Mar
Northwest Bancorp com. .♦
24
14%
74%
110%
100
Northern 111 Corp com...*
90c
Apr
Apr
Apr
7%
Jan
5%
"
14
,
Jan
Mar
Feb
Apr
Mar
96%
14%
6
50c
JuU
10
Apr
8%
Jan
5
3%
M Feb
Jan
93
«9%
Jan
North Amer Car com...20
80
;s
Mar
c
283
18
3%
Noblitt-Sparks Ind lnc cap5
50c
Fob
Fob
8 %
11%
7%
Jan
4%
7%
29%
Jan
—
:
•
40
Preferred..
19 H
10
N Y Central RR cap-
High
210
Jan
10
10
j
'J'-'i.TI'.V'
Shares
344
24%
Feb
Apr
30
6% cumul pref....—25
Utah Metal & Tunnel Co.l
1,
HU)h
14 H
Jan
7%
22
1
l'
United Shoe Mach Corp.25
May
Low
Range Since
Week
of Prices
Pried
for
40%
35%
3%
Feb
8%
^
Apr
25%
18
19
■:
Apr
%
Jan
494
;•
24%
Week's Range
Last
Harbauer Co.
s
220
;-.vi
Jan
19
1%
Nash-Kelvlnator Corp..5
300
sales'fHsts
.d
Jan
8%
Natl Cylinder Gas com...1
7%
official
from
Sales
18
7
Jan
39
22
UnionTwist Drill Co....6
to
compiled
Jan
Mar
15
Apr
.
Cleveland Stock Exchange
28%
*
6%
24%
8%
43%dda«;
Apr
23
3%
20%
60c
Reece But Hole Mach ColO
35%
Apr
850
pfd A.
com
Jan
34%
Timken Roller Bearing.. .*
Jan
Apr
7%pr.lienl(
Montg Ward i& Co com..
Natl Standard
Jan
3H
Midland Utll
14%
16%
r
....25
City Ice & Fuel.
Columbia Gas
13%
7%
•82 cumul part pref.—..
Middle West Corp cap...
105
16%
5% 'dan
<?*•'
8
"19
c
40% (Feb
Am Rolling Mill
Jan
8%
Jan
Mar
'diJan
4
Mar
6%
:
32%
Martin (Glenn L) com..
Jan
Mar
4 %
30%
■
Apr
4%
8
4
Natl Pressure Cooker com 2
—
3-
7
*
Feb
13l«
64c
230
Apr
..10
IT Sprinting,*.—;..:.;.—,.*
U S Playing
Jan
29% f Jan
52
v.lJan
Jan
8
Marshall Field corn......
conv
227
7
24
Mrchnts A Mfre Sec conU
35
32%
Apr
Feb
32%
228i
Apex Elec Mfg
*
Brewing Corp of Amer. ..3
City Ice & Fuel..
*
8%
21%
*
c
Mar
22%
45%
228
Jan
.)<>>■! i,...
....5
Apr
26
23%
22%
8% pref——
i—100
Rapid.. i*..........
Jun
1
17%
26
26
Amer Coach & Body.....5
7
Feb
'
New England Gas pref.:.*
-
2
Feb
Common..
Midland Unit
Narragansett Rac Assn..1
Boston A Maine
2
17%
Hobart A
Feb
Apr
.26%
3%
29%
,J8%
100
v
2%
*
_
Dow
Apr
16%
Jan
8
..
Jan
4
Jan
2%
3%
.200
3%
c
8
Feb
Llbby McN A Libby com
Lincoln Ptg S3% pref
*
2%
c
Jan
10%
Cumulative preferred. .*
Apr
3%
25
554
7
40%
....*
41
20%
130
100
April
Apr
Apr
KentuckyUtll Jr cumulpf50
Lamson Corp (Del) com..5
4s
86%
Apr
1
Kellogg Switchbd pref. 100
Lynch Corp com
Waldorf System.......—*
22
12
7
Jan
3
United Fruit Co....
104%
19
"500
12
Jan
67
17%
3
Pennsylvania RR
Jan
"
3%
Jarvls (W B) Co cap
5%
2
17%
5%
4»
«
10
..—2,60
8654
22
1
.6%
1%
42%
Leath A Co com
2
«.
"
.»
North Butte
86%
7%
Jan
12%
m
87
r Apr
Apr
6%
300
19;
41
3%
20%
Economy Grocery Stores.*
New Engl
Jan
86%
8%
21%
*
235
42
41
;2o%
Gilchrist Co....————*
Gillette Safety Razor Co.*
Mergenthaler
Feb
150
Iron Fireman Mfg Co v t c*
j
42
East Mass St Ry com.. 100
Maine Central com
Jan
14
Apr
100
Internat Harvester com..*
•
100
Preferred B....... '..100
95
Cin Post Term pref.... 100
Cincinnati Street
.50
Apr
Apr
30%
Illinois Brick Co cap....10
145
..
60c
60c
Eastern Gas A Fuel Assoc—
4%% prioi pref
100
Eastern SS com
Jan
210
Jan
'
6% preferred
May
13%
19%
110
Apr
'15
2% May
TO
88
Medusa Portland Cement *
6
*U
"~4%
.10
East Boston Co
Apr
"2
2%
6
5
Copper Range
M
100
.
2%
2%
Brqwn-Durrell—......-*
Calumet & Hecla
100
89%
151
Indep Pneum Tool s t c..*
Indianapolis PAL com.
9
j'
86
89%
.100
Illinois Cent RH com..100
Mat
Inland Steel Co cap
Boston Pers
Mar
Hi Jan
Apr
36%
Houdaille-Hershey cl B..*
Hupp Motor Car com.-.-l
500
Jan
70
33%
8%
*
1%
1%
73%
Mar
Gillette Safety Razor com *
1%
1%
1%
1454
73
4%
Feb
Feb
15
Cin Gas & Elec pref
100
C N O & T P..........20
-19
Jau
U
1%
10%
20
24
1%
20%
3%
Helleman Brewing cap...l
Hibb Spenc Bartiett com 25
5%
Mar
Low
20%
14%
Champ Paper & Fibre...:.*
100
Jan
95
1%
Apr
;\,i
Feb
H
12
Range Since Jan. 1
Shares
300
8
20
1%
7
1%
1%
1%
Am Laundry Mach_—_.20
High
3%
Hall Printing Co com...10
1,268
1%
6
6%
.100
Cl A 1st pref stpd... 100
6% May
Feb
1%
Y.
1
lists
Week
16%
Horders lnc com........*
Common stamped
Feb.
for
of Prices
»
IjOW
3%
Jan
14%
6%
Week's Range
Sale
Procter & Gamble.
Jan
sales
Sales
Last
Price
7%
Mur
Boston A Maine-
Mar
i
g
official
16 V,
*
GoodyearTire <S Rub
10%
12%
Boston Herald-Traveler..*
1%
;
from
7%
GossardCo (H W) com...*
24%
23%
Jan
Exchange
compiled
Friday
5
General Electric Co
Jan
66
Apr
Apr
4%
250
2%
Mfg Co com... „..l
Feb
Jan
1 fXk
10
7%
2%
19%
j
inclusive,
Friday
General Motors
7%
1
91
Apr
4,063
w Apr
56
■
Jan
300
7
.
2%
19
com
103
Jan
75%
19%
42%
30
21%
100
Boston Elevated
94
539
25
Boston Edison.
101H
11,884
94
Jan
Jan
Apr
Mar
OH
m
Gen Motors Corp com..10
Bigelow-Sanfd Carp pref 100
Boston & Albany
IOC
Jan
15%
103%
89
87
.
both
Stocks—
!
Gen Finance Corp pref.. 10
General Foods common..
High
110
,
Common.. .....—...30
c
Mar
...
„
,
compiled from official sales lists
for
Apr
Apr
121
,
Week's Range
1,190
12%
Elec Household Utll Corp 5
Sales
Last
40
17%
If.
.
100
1
%
15%
..25
com
Eastern Airlines
Friday
'
192
12%
Gen Amer Transp com...5
;v::.;
Apr
8%
170
.
2
2
,
.
Fox (Peter) Brewing com.5
fX-
200
0%
A 50
Preferred
Fuller
both inclusive,
Feb
"45
5,200
5
5%
Eversharp lnc common. .1
1,
51
100
385
18%
1%
m
Four-Wheel Drive Auto. 10
May
May
36%
50
OH
54
51%
17%
Elgin National Watch ColS
April 25 to
20
Jan
Feb
'
Deere A Co
Bait Transit Co 4s flat 1975
100
Apr
47
30
1%
33
'
Dayton Rubber M fg com. 1
Decker (Alf) A Colin comlO
Bonder ;
Atlantic Coast Line (Conn)
37
%
50
Cudaby Packing-^-:.
c
150
Co—
pref part shs
Common
Feb
21
.
450
47H
36
Com pt sh v t c B
*
Contnr Corp of Am com.20
Continental oteel com
;-
'
585
28 i
47
1,
Jan
Apr
Crane Co
216
he
29
V tc
Jan
6%
28
Mar
73
Mar
23%
%
50
GonsoiM »ted Oil Corp
Jan
-■
,600
170
Consumers
Mar
Jan
2.25
10
%
May
Jan
30
Jan
72
44%
37
74%
47
17
Apr
to
Feb
:* he
70
Apr
76 %
Consolidated Biscuit com.l
Jan
Apr
138
2.40
74%
44-%16%
6%
Mar
73
Mar
■
National Marine Bank..50
Apr
he
u
Com'wealtb Edison com.25
Mar
2.15
53u
&;'J 400
•
Chicago Yellow Cab cap..*
Chrysler Corp common.«.5
28
'*100
h«
•
2<»
Jan
22%
530
6%
v
*u
25
15% Apr
....—.*
Jan
Jan
Jan
12%
41%
45
5%
•
50c
com
Jan
Apr
•
Cincinnati Stock
10
13 H
42 %
:
il
Convertible preferred..*
10
Range Since Jan. 1
Shares
High
13%
pref*
9%
Apr
1.50
50
2.15
25
—.*
9%
Mar
19%
75
19%
2.15
Monon W Penn PS 7% Pi'25
Mt V-Wood Mills com. 100
10
e
10
<'•
April
Chicago Flex Shaft com..5
Chioago Towel Co com. 4.*
Jan
31
Apr
Apr
Low
Convertible preferred..*
Jan
15%
Feb
24%
9
115
Apr
9 %
160
52%
Price
$7 prior lien pref
*
Chicago Corp common...1
Jan
Jan
Mar
9
Maryland & Fa RR comlOO
5%
Week
Can
conv
Preferred..
Jan
40
Class B..............5
10
Central 111 Secur
Jan
96c
187
Finance Co of Am A com. 5
Ga Sou & Fla 1st pref.. 100
Houston Oil preferred.. 100
17%
Jan
Jan
50c
Apr
13%
4%
41% 43%
107% 107%
9%
9%
1st preferred vtc
100
Consol Gas E L & P....*
A
for
of Pnces
Cent 111 Pub serv S6 pref.*
J
Cent 8 W Utll
182
60c
Par
Common
285
14%
13%
vtc....*
com
{Continued)
Campbell Wyant
Foundry cap
Shares
High
65c
Corporation. ....*
Bait Transit
Stocks
Week
of Prices
Low
Range Since Jani 1
for
"
Sale
Price
i
.official sales lists
from
Sales
Week's Range
Sale
Sales
Friday
Stocks—
Friday
Last
Bi Jaltimore Stock Exchange
April
stock exchanges Mil:
;s- -r
Jan
1%
Jan
Apr
Apr
3%
6%
THE COMMERCIAL & FINANCIAL CHRONICLE
1746
Monday, May 4,4942
OTHER STOCK EXCHANGES
■
Friday
Last
Los
April
to
25
kale
Angeles Stock Exchange
compiled from
both inclusive,
1,
May
Week's Range
Last
Sale
Par
•Stock*—•
official sales lists
Low
Phila Eleo
w eciL
Low
Shares
*
?
Co4%% pfd 100
Phil A Elec Pow pref—.. 25
f High
;•'
Aircraft Accessories Ine 50c
1.70
Bandlnl Petroleum Co.—1
2.26
1.60
23
Broadway Dept Store Inc. *
'
450
400
48c
12
10 X
•
"
270
-*
53X
280
4%
4X
290
60
4%
17%
17 X
17%
Douglas Aircraft Co.—
5
12%
55%
Apr
Apr
Mar
Feb
64
Low
25
X
1,701
ix-83
■-
387
1
10
350
2%
43%
43%
Tonopah Belmont. —-. 10c
Traifit InvCorp pref* —25
United Corp common.—*
16ia
18l*
%
X
>■; 447
%
%
25
*
13X
13%
3
-.
Preferred
United
Gaslmpt com
Preferred
—
4 }:;■■■■
*
10
Westmoreland Coal.
.
3% ■,-4:
95%
—
Westmoreland Inc
..
95%
11
20
11X
*
11%
517
Calif Packing Corp corn. * *
Preferred—
-50
■M
Carson Hill Cold can*...
k
Caterpillar Tractor eom-.*
Feb
Cent Eureka Min Co com 1
Coast Counties G & E—
1
*
Jan
,s
Mar
=
Mar
,
2U:
90
10%
Jan
16
Jan
85c
preferred--—--,--25
Common..
—
Feb
Crown Zell'bach Corp com5
Preferred
-*
Jan
D1 Giorgio. Fruit com.... 10
Jan
16%
5%
106% .
12%.
; 19%:
Preferred—
Jan
—.—
100
—.
Jan,
6%
5% Mar
38
17%
Common.
Jan
13
Apr
Preferred (with warrants)
Apr
Ewa Plantation Co cap.. 20
Fireman's Fund Ins Co. .25
Food Machine Corp com 10
84;
Jan
AP.
106% 106%
45% 45%
Amer Tel & Tel w i 3s. 1956
$1,300
105%
108
Mar
;
Feb
34%
Mar
8%
Apr
Gen Motors Corp com—lu
33
Goodyear Tire & Rubr Co *
Hancock Oil Co cl A com.*
14
14
260
Apr
Gladding McBean & Co.. *
18
Apr
-7%
8%
Mascot Oil Co-.—
—1
1
Menasco Mfg
Co
Jan
14
209
47c
1,600
45C
Jan
150
%
18c
Jan
20c
42c
1.30
9c
9c
28c
24
Jan
1%
20
Mar
Feb
23
6
Apr
7
Jan
Feb'
500
35©
Jan
40c
Apr
46c
Apr
Apr
1.00
40c
Apr
for
of Prices
4%
400
3%
Jan
Jan
Allegheny Ludlum Steel.. *
72%
1,576
m
Jan
15
Apr
Ark Nat Gas Co com..---*
16
16
277
16
Apr
19%
Jan
Pacific Lighting Corp com *
22 X
22 X
353
30%
Jan
11X
11
22%
11%
1.35
Apr
Pacific Pub Serv 1st pref—*
Feb
11%
Mar
Apr
1.80
2,496 LL-V 19c
Jan
32c
,
1.35
1.40
31c
32c
6X
6%
752
6%
Apr
8%
Jan
4
3%
a30X a3QX
24 X
25
2,085
3%
Jan
5%
Feb
32c
-*
6%
Ryan Aeronautical Co—1
Safeway Stores Inc.-- -—*
Security Co units of ben Int
ShellUnion Oil Corp—-15
3%
Richfield Oil Corp
178
5%
525
10%
Mar
Mar
1%
Apr
235
16
15
Devonian Oil Co.
2,887
33
Jan
24
6% preferred B—
25
5%% pref cl C—— .25
25%
So Calif Gas 6% pref
23 X
23%
A..25
190
25%
24
Standard Oil Co of Calif—*
2
19
727
4
959
4
.
6%
^ 300
?*6%
119
5%
4
4
no
4
Apr
Apr
Apr
1%
319
6
11
11
416
8
416
1%
100
8
Apr
7%
7%
Jan
'
•
:■
12%
9%
Feb
1%
16%
Jan
97
Feb
30
89
Apr
6%
818
6
Apr
4%
240 '""4%
100
23
Apr ", *m
30; ■
Apr
Feb
Jan
20%
Jan
41%
Jan
Pittsburgh Plate Glass. .25
Pitts Screw & Bolt Corp
*
28%
Jan
Shamrock Oil & Gas
Jan
26%
Jan
Jan
13%
22%
4%
Feb
-
57%
4X
4
4%
2%
1
*
600 :
29
20
15
2%
:
Apr
Jan
29
'
67%
;
15
3
Apr
Apr
63%
Apr
Apr
300
90S
Jan
1,50
Febi
1.26-
Apr
Feb
Fil^radB%*4 *
4%
8%
1.75
Jan
_
Atchison Topeka A
FeRy
——
—-
a23
a24%
a 24%
25%
14 X
a8%
100
a32% a32%
25
Borg-Warner Corp..
5
Cities Service Co—---10
a21% a22%
14%
aS%
---5
—
-14%
a8%
Betnlehem bteeiOorp—
55X
70
a2%
a.7%
a8
•
Commercial Solvents Corp*
a8
7,,
General Foods Corp.
—.
McKesson
Robblns. ,.18
7%
Packard Motor Car Co... *
2X
Paramount Pictures Inc.. 1
al3
*
a44%
Socony-Vacuum Oil Co. 15
Standard Brands Ine—-*
-25
-
Swift & Co.-
-
Corp (The)
Apr
28%
Apr
Mar
40%
Feb
Mar
28%
Apr
Apt
9%
13%
Jan
11
25
2
290
31%
4%
Mar
Jan
Mar
Mar
Feb
9%
'
Feb ;L; 3 LL Jan
17% Mar
Apr
2%
10
195
Apr
6%
125
2%
Feb
Jan
5
Jan
40%
Mar
4%
101 LL
Jan
8%
Apr
33
385
53%
Mar
44
Apr L
Feb
4%
a2l
60
21
Apr
24%
Jan
«30% a31
42
31
Mar
35%
Feb
Apr
10
Feb
Mar
a21
10
9
a5VAa59%
62%
64^
Feb
a45% a46 %
125
47%
Apr
65%
Jan
4X
100
AX
Apr
5%
Jan
a65% (165 %
CorpU S Steel Corp.—
110
25
Warner Bros Pictures Inc. 5
4%
Westinghouse Ei & Mfg.50
WUlys-Overland Motors.
IX
IX
202
American Inv com
Brown
Shoe
com_
—
—
.*:
9>
Coca-Cola Bottling com._ 1
12
Mar
1%
v
•
Griesedieck-Wst Brw com
Hussmann-Llgonler com.*
International Shoe com..*
""5%
Laclede Ga» Light pref. 100
"2l""
Week's Range
Last
Sale
.
Budd (E G) Mfg Co—
Budd Wheel Co-
Corp.. ——
—
_
52%
>■■■.*
...
2%
6%
6%
25
53%
13%
29%
134
40
-ioo
28%
32%
Horn & Hardsurt
417
769
29%
100
21%
3%
2%
28%
32%
21%
!
-
-
-
-
„
4%
2%
_
Valley----... -.50
4%
2%
:
Mar
16%
Jan
,21%
75
21%
Mar
-
101
18%
4%
Jan
m
15%
5%
27%
Apr
5%
Jan
160
13%
16
215
5%
28
L 10
Apr
0
Apr
,32
Apr
Feb
"' Apt
25
Apr
14%
Apr
27%
248
21
Feb
Mar
5
25
25
100
30
Transamerica Corp.
l
Union Oil Co of Calif...25
—
AP
275
3%
Jan
276 -10%
Mar
110
16%
Mar
.650 -13%
Apr
Feb
...
17
14
Unlisted—•
Anaconda Copper
5
Atch Top A Santa Fe.. 160
Bendix Aviation Corp. -—5
Blair A Co Ine capital— 1
Bunker Hill A Sullivao.2%
Mar
Jan
9%
97%
Apr
101
7%
11%
98%
7%
5%
21%
5%
10
22%
305
7*": Mar
Jan
'
Jan
9%
'
Feb
0
Apr
24%
Apr
Mar
>;
'
'
-
+
'
-
.
-
-
»
L,
Stocks—
Jan
3%
>
Par Price
-
Feb
Alaska Packers Assn..
Jan
*
AlaskaeJuneau Gold MinlO
Apr
Atlas Imp Diesel Engine.. 5
86
Apr
87
Feb
M J&M&M Cons
Shares
Apr
Bishop Oil CO-- ——2
Jam
Byron Jackson Co—.—*
1.65
Low
475
"* ;
Jan
5
1%
175
3c
1,090
6%
1%
3%
Jan
-
600
*3©
r
-
6%
6%
85c
95c
!2
Jan
Apr
-
100
_
:
Calamba Sugar com... .20
11%
:
lists
■
2%
3c
1
}■
6%
100
Feb
4c Mar
-.f.7%
85e May U
Feb
Feb
2%
1.25
Jan
% 12%
10
487
2%
Jan
Jan
2%
Jaw
Apr
3
Mar
r
jan
.
Jan
Jan
416
100
m
24%
22%
•
240
2%
22%
100 .1 1.60
Apr
660
22%
V
Apr
8%
Jan
29%
Jan
28
Jart
Jaq
;■■■■.■
1.50
Apr
4flc
Apr
2.00
Apr
Mar
32%
Mar
36%
20%
Jan
24
5c
24%
1.60
Apr
Apr
Apr
27%
100
45c
2,300
a29 %
170
20%
130
20%
5C
24%
24%
-
1.60
a7
«7
•
2%
13%
220
2.00
1,60
Jan
1,400
L
a29
Apr
Apr
-126 V. 24%;
>
Jan
11%
79%
•
Ma»
Apr
Apr
Apr
6%
Feb
Mat
Apt
...40C
Feb
11%
•
650
-
1.50
37%
8% Mar
70%- Apr
v.
260 L
i.
7
25
Jan
Feb "5 33%
30©
-
20
m k
79% L
2% - 2%
«22%al2%
^-1
-
•.
Jan
Jart
Mar
9c
Jaa
Jart
Jari
2,60
26
.
"
11%
1%
700
.2.
n%
•.,2.
Park Utah Cons Mines.„. I
270
26
20
a3
15%
L„
a3
15%
.
*
Apr
Feb
13%
2%
Jan
1%
Mar
1%
Mar
20
250
50
24
Apr
2%
15%
100
•
Jan
11%'
100
1%
of America..*
Republic bteei——*
Socony Vacuum Oil Co.. 15
So Calif Edison Ltd com 25
Feb
Jail
Feb
.
•
15%
Apr
Apr
"
a6%
ud%
15.
15%
6% preferred——---25 a25%
23%
5%% preferred—- — -25
Stand; OH Co of N J—25
«4%
Studebaker Corp eom-... 1
United Aircraft Corps cap 5 a27%
U » petroleum Co——1
United States Steel eom—*
Warner Bros Pictures.. L.5
Westates Petroleum com.l
7n
Wrvlv-iU
15%
099
'V
a25X a25% !:-W
23%
31%
oAX
45%-
Feb X 32 %
190
28%
90c , ; "a
IOO
86c
481
7X
V/*
200
,
i ; 65c
Jari
•-*
J 811
Jart
Jari
Jan
Mar
Apr
Fell
1.06
Jan
4%
Apr
55%
-•7%
Apt
4c
Mar
8e
Apr
Apr LLC 80c
Jan
.45%
:
-
345
500
65c
Jan
Apr
^■v
L'LTei'ii- 7c
28%
26%
41%
May
4%
f.
"*20%" "jan
Mar
-
46% i.Lv
90e?
Apr
25
j;60
«26% a27%
•
"lr-r
'40
158 ■L 23%
289
30%
23%
31%
«4%
1
Preferred-
.32%
9%
.
Packard Mctor Co com—*
Radio Corp.
29%
; 38
'•'•3%
Mar L'
1.15
520
.
28% fJau
F-'bf
Apr
Jan
111
Pennsylvania RR Co—50
1.85
•
Apr '■/■AX, Jan
Jan
Apr
128%
3%
104%
23%
120
•
79%
9%
RR.-i*
North American Aviation 1
High
;v
1% ' Apr
300
95c
12
.
Jan
1.50
31
275
•'a33%
30e Li 32C
New York Central
:L'L
Mar
35%
1.60
1.60
17%
Apr
300
Jan
Jan
-
Jan
Mar
...
Apr
Week
Aircraft Accessories—..50c
Jan
13%
275
L
82
of Prices
Low
High
Jan
7
Apr
..
v
«33
22%
01 &8S B
82
Range Since Jan, l
Apr
Jan
3%
Mar
♦
200
....
Hobbs Battery Co cf A iL
1,000
Sales
0
,
1,986
■>
3%
L 36
General Electric Co—
— .
$2,000
for
Jani
-m
2.40
■
'
24%
—
86
Week's Range
17
3%
Matson Navigation Co.C.*
Exchange;
300
X. 1-30
Kenn Copper Corpcom—*
San Francisco Slock
Jan
Feb;
13%
■
420
-
3%
3%
104% 104%
23% 23%
Curlisa-Wright Corp.—Li 1
Donrtnguea OH Co.
*
v>W
82
Mar
70c
-
May
10 X- 27
Cons Edison Co of.N Y..*
Apr
86
Jan
29%
Jan
10
1,013
6
16%
.
15%
82
Jan
Mar
17%
101
Feb
60c
4,469 •-•4."
■
10%
.
—.
12
1
14
20%
>
13%
Apr
Mar ^'■82K
10%
3,146 •18%
4
■
6
Anglo Nat Corp A com.- .*
Argonaut Mining Co.
17 v
5
Feb
Feb
5%
■
.4
10
Min—50
Jan
21%
Jan
16
25% Mar
10
..
10,
Amer Rad A Std Sani—1
Apr
240
100%
Hi
3,770
-
Amer Tel A Tel Co—-100
Apr
15
•
Jart
-
12%
Sale
Feb
200
27
I 1 %
:
Waialua Agricultural 0^.20=
12%
Last
12%
17
-
27
-
L10
II
27%
Apr
13.,
3%
3%
Victor Equip Co com. ——i
347
Jan
Apr
100
3%
Jan
Apr*
■:t(vr-
305
Apr
Jan
6%
11%
238
7%
56%
18%
32%
Apr
175
.
6%
13
27
11%
701
MO
6%
,13
So CalGasCo pref ser A.25
13
lists
134%
Apr
28%
33%
22
Apr ;
2%
6%
44%
13%
51%
10
Apr
4%
1.40
252
-
1
14%
High
Y
Jan
9%
101%
13%
General Motors.—.. -.10
(NY) com*
Lehigh Coal <fe Nav—.
Low
1
274
/
Apr
Friday
2%
—5 !
Feb
■33%
Apr
9
Range Since Jan. 1 ■*: -J
for
45
.c.
10%
97%
Week
Shares
2,481
*
Jan
April 25 to May, 1, both inclusive, compiled from official safes
10%
*
Electric Stor Battery.
Jan
Mar
11
Bond*—•
Jan
11%
8%
14%
12%
Sterling Alum com. —... f
Wagner Electric com... 15
Jan
Mar
Natl. Candy com
Scullln Steel com——
31%
7
45
1.75
Natl Bearing Metals com. *
Scruggs^V-B inc 1st pfd 100
Janj
Jan
Jan
25%
Cal Ore Pow 6% pref *27100
Cities Sendee Co 00m.—10
"l3"
'•
Apr
Feb
Mo Prtland Cement com 25
Jan
Apr
Montgomery Ward A Co.*
Mountain City Copper..5e
official sales
101% 109%
107%
-
.
High
10
.100
Curtis Pub Co pr pref.
Lehigh
Low
Stores--—
American
American Tel A Tel..
Chrysler
of Prices
.
Price
28%
: r
Apr
12
21
Midwst Pipg & Sply com.*
Jan
1%
Sales
Friday
Par
:o
125
9>
-12f
Feb
101
Apr
Ap» -146 1-
LSLj;
210
>
Jan
Mar
8
Yell ow Checker Cabser 150"
|
1 Htgh
r -
•
<
2%
13%
Jatr
8
Idaho Mary Mines Corp.l
-
May 1, both inclusive, compiled from
T.
'
•'X
21
21
Ely & Walker D Gds com25
Emerson Electric eom....4
Philadelphia Stock Exchange
.
Low
70
29%
28%
Chic & Sou Air L pref. .10
Sculllu Steel 3s*.--.1941
1
39%
Jan
Mar
4
108
Jan
31
Mar
11
376
25%
Apr
119
Thomas Alice Corp A.... ♦
Week
50
St L Pb Srv 1st mtg 5s 1959
Stocks—
39
Ma.
72
17
29%
27%
Jan
Mar
22%
2%
•
Jan
24-
Universal Consol Oil.
Htgh Shares
*
-
Mar
22
21
20
150
-rj:''v■■
Hangg Siw^JiW;
for
of Prices
Low
Price
Apr
1
Sales
Sale
Par
Stock*—
Apr
15%
24%
307
Stouattvlew Pnlp Co com.6
Preferred..109.
Exchange
Week's Range
Last
Jan
•2.15
....
L
SigntlOil & Gas C'oci A..*
inclusive, compiled from official sates lists
Frhderg
Jan
14%
Mar
8%
Mar
22
14% Mar
20% May
160
4X
12
9%
Feb
279
76
129
Standard Oil Co of Calif- -*
April 25 to May 1>< both
Apr
-
604
11
72
5%
Southern Pacific Co—.—*
Jan
10%
2%
140
Jan,
Union Carbide & Carbon
s:
L
Shell Union Oil com—115
v
i
Jan
Apr
3%
8%
1.36
L-;
125
Bell Teletype 8L 593
New York Curb Exchange Associate
Apr
Apr
Mar
*%
Feb
388
Portal Long Distance
Chicago Board of Trade
■
St. Louis Slock
Apr
Jar
1,185
2%
129
30
Apr
8%
Mar
•
CEntral 7600
St. Louis Stock Exchange"
Chicago Stock Exch.
Associate Member Chicago Mercantile Exchange
Apr
13%
24%
24%
14%
27%
110
4X
25
■■
.100
Ryan Aeronautical Co—.1
Phone
j
J an
12
145
!:i:AX';
■
Jan
235
Tide Water Assoc OH Co. 10
April 25 to
76
Richfield Oil Corp com.—*
Jan
%
0
25
31 %
.1
25
Mar
26%
7%
20
,<•
Feb
Feb
Apr
10
172
a44% a45
6%
6X
2X
2X
-—*
t
100
a7X
2%
Radio Corp of America.--*
Sears Roebuck <fe Co
*
com
L
11
*
100
Jau
7e
Preferred26
1022
New York Stock Exchange,
2% Apr
8% Mar
Mar
70
20%
20%
,
37%
30
al3
al3
20%
*
Jan
22%
24%
•180
a.7%
2%
al5% al5%
Pennsylvania RR Co—.50
Pure Oil Co-
60%
23%
Apr
731 Mar
250
37% 37%
alOX al0%
a24% a24%
7%
7%
11
11^
a7X al%
2%
2%
"ai'x
NorthAmerlcan Co——
Studebaker Corp
24%
a!4% u25
Montg Ward & Co inc—*
N Y Central RR Co
*
North Amer Aviation Inc. 1
Standard Oil Co (N J)
preferred-——
Rous Bros C*HB—v.-i..
A.5"sr:^''XMember*■; i:.
Jan
Feb
7
216
2%
Rayonier Inc com.——-.!
705 Olive St., ST. LOUIS
Jan
Feb!
.
Republic Petroleum com.l
Mar
10%
39%
Apr
7
287
.815% a 15%
*
-
22%
22%
24%
Goodrich (BF)Co—
*
Inti NlcRei Co of Canada.*
Texas
100
200
60
-
TfiPW*"? Tnr>
Republic Steel Corp*
'
1
General Electric Co-—
Established
Mar
18%
Jan
55%
22%
2%
8%
95
63
.
36%
14% May
Apr
8%
39%
,
315
55X
a2%
Commonwealth & Sou-..*
Gurtiss-Wright Corp
Edward D. Jones & Co.
Jam
28%
Jan
29
68
a34%a36%
5
—
Bendix Aviation Corp
Jau
3%
9%
Jan
183
.
22%
Preferred—....... 100
Preferred
Mar
24
22%
Rheem Manufacturing Co 1
Santa
100
Atlantic. Refining Co—-25
Barnsdall Oil Co
4%
129%
26
5,198
1,214
24
22%
23%
REAR Co Ltd
Apr
Jan
Ja
6%
:
301
16%
Pac Tel & Tel com
Unlisted Stocks-—
Mar
Jart
IS.
1.90
Apr
Apr
64
883
25%
Pac Coast Aggregates. .--5
3%
500
375
■m
Pacific Cap Co com *;.
Jan
St. Louis listed and Unlisted Securities
4%
Jau
5%
102
Jan
3
10
50
103
1.15
i'8%
Oliver Utd
a2c
5
300
400
Pac Pub feer com .—•—.—*
205
Apr
Apr
O'Connor Moffattcl AA..*
;> Mar
Jan
1,933
Apr
12%
•i i 7c
2%
a3X
Apr
91
438
5%
Mar
103
4
10
-
,
0%
1%
a3%
251
s
0!
.
345
200
103
4
•
v
i2%
1,700
...
IX
a36% a36%
4:
...*
1st
f
91
13
i
Mar
Amer Rad & Std Sani
*
Amer Smelt & Ref Co
*
American Tel & Tel Co.lOO
'Anaconda Copper Min Co 50
i
4
■
...100
10%
Jan
Jap
98c
Feb
80
Jan;
Apr
Feb
Jab
35c
8%
-
24
Occidtental Petrofeum....I
Jan
I'LSLL-
204 i
Jan
31%
27%
5%
355
a2c
May
24;
•
13
XX;3":x
Apr
24
Apr
8%
Mining Stocks-
-Apr
1%
220
Mar
m
IX
12%
24
Feb;
Feb)
:
35c
6% 1st preferred--...25
5%% lstDref——25
5% preferred
25
Pacific Light Corp com..»
Cardinal Gold Mining.... 1
.
415 ;
7%
4;r 9%
Apr
4
Jan
Wellington Oil Co of Del - -1
8
.219
v
Feb;
Jan,
100
Jan
8%
200
,
Apr,
50c
41%
305
7
1
198
8,-
10%
Jan
Apr
2.00 May
36
'■
North Amer Oil Cons... 10
Jan
19%
80%
Apr
Mar
Jan;
35c
i7
2%
Feb
4
Apr
68
2.9
.:
24
Apr
2%
Apr
9%
12%
Apr :
42c
20 L
2.90
-8
*
—
6
Vultee Aircraft inc
'
2.90
Pac G A E Co com.—.25
2%
Mar
8%
Apr
8%
383
36
2%
Natomas Co
UNLISTED
Pennroad Corp vtc*----l-----
Jan;
35%
Mar
8%
10%
200
-
24
6
13%
Jan
J<H
6
034
-12%
100
Apr
Jan
Jan L
31%
"
Natl Auto Fibres com,—.1
t=
Jan
;
Jan;
10S
'
Apr
6.
X
•
16
"
8%
.
•28%
300
73..
36
.10 "24
J.
200
10
Jani
Jan
Apr
'823
33
.
10,%
"
.
Menasco Mfg Co com-
Jan
29
199
—
6
2,485
15%
.36%
83
312
10
6
10 %
10
Feb
Apr
Feb
8%
03%
5%
301
15%
63%
67%
4
—
Marchant Calcul Mach..5
Jan
'
55%
772
2X
29
United Engin & Fdry —.5
Westinghouse Air Brake*. *
Westinghouse EI & Mfg.50
Feb
23
57%
57%
*.
—
V,:
4%
23"
Class B.
Preferred—
Jan
165
6
*
.
6
10
Jani
Magnavox Co Ltd
Magnln & Co (I) com. iia
■
89
—
—
6
California-.25
Apn
Llbby McNeill & Libby.
Lyons-Magnus cl B
Mar
89
Sjar Gas.
—
Kamp'sHDBakers*
Van de
Jan,
3%
23%
■
Jan
Koppers G & Coke pref. 100
Mountain Fuel Supply.. 10
—
LeToumeati R G Inc.
Jan
1%
67
Lone
—
Leslie Salt Co.
Jan
7
Apr
11
May
8
Apr
1% Apr
4 12%
Apr
1%
13
Pittsburgh Brew pref*... *
29
Preferred.
Jan
»16
8%
*
—
Universal Consol Oil—--10
Union Oil of
Jan;
88
•.
May
12
290
U%
Langendorf Utd Bak A
22%
Mar
IX
Jan;
Feb
;4: L'
'/;■
i
.
■
Home F & M Ins Co cap. 10
Hunt Brothers com..... 10
•
'
Apr
%
12%
-.
-
Feb
25% Mar
10% Apr
18% Apr
475
"I"
Transamerica Corp-
23
25
11X
11%
18%
18
1
-
Mar
24%
1,607
a27X a%7X
"lix
southern Pacific Co——»
•••-•
-.5
Fort Pitt Brewing—.
2%
1
Apr
33
20
33
s
90
.....
10
Duquesne Brewing
6
*18
1%
5%
Electrii.*
Apr
15
•/
Apr
'
Original preferred----25
-*
Clark (DL) Candy..-*-*
Columbia Gas &
Apr
25%
14%
16%
100
2%
2X
Jan
24%
45
UX
17
Blaw-Knox Co
18
Harb Walker Refrac com.*
145
12%
J10 X 32
Holly Development—-—.1
High
;
#i»
6%
5%
100
Preferred
Jan;
75
al0% al0%
'Signal Oil & Gas c 1 A.
*
Solar Aircraft Co
1
So Calif Edison Co Ltd—25
18
Low
;.-.v
*
-—.
'•>'Vl/'c■■
;
'J:
Hawaiian Pine Co Ltd.
Range Since Jan.' % " 4
High Shares !,
Low
Price
Jan
4%
UX
Republic Petroleum com.l
Rice Ranch Oil Co
1
220
'
200
com...
'
-'
Week
Sale
4%
Eleccora—25
Greyhound Corp
'
Week's Range
Last
Par
Stocks-
12%
Pacific Gas &
Golden State Co Ltd.
-''
Sales
Friday
Apr
27e
45%
May 1, both inclusive, compiled from official sales lists
April 25 to
Jan
9c
500
Apr
Jan
•
1.20
9e
1,000
Pittsburgh Slock Exchange
Apr
14
2,763 ;
1,400
30c
Lehigh Valley RR 5s..2003
Feb
52 %C
36
1,000
•v?;
42c
1,20
1.20
Co. 1
Oceanie Oil Co.*
1
Pacific Clay Products.*
Pac Finance Corp com—10
Merchants Petroleum
J
Mar
1854
a5X
15%
Jan
265
Mar
20c
Jan
83, Li 87;
5%
a5X
Jan
Mar
Mar
Generr.lMetals cap.J*..2%
X/'X/XX' Bond s L'v'!L;;:
6X
11%
a\7X al7<X
Jan
25
31%
20c
Jan
3%
1,65
33,
-
15
17%
24%.
Ill ;
13
,
.32
572
100
a
Mar
v
-
.
2,50 Mar
10
lt%
32,
7
Co—10
Jan.
76%
>.
Emporium Cap well Co-
Jan
33
Co.-10c
41%
2.00
36
20%
a6%
Lockheed Aircraft Corp.. 1
Jan
Apr
Apr
22
J
817
7
Lincoln Petroleum
Jan1
Mar
6c
,125
.
33
Los Angeles Invest
JaT
80c
23
.
78%,578%
a5%
1
L
,
65e
CANADIAN MARKETS-Listed and Unlisted
Friday
May 1,
Stocks (Continued}
Par
Par
Price
*
Sales
Friday
Last
Sale
Par
Price
7% L" 7%
19
18%
;
Week's Range
for
Week
of Prices
Low
High Shares
*
Range Since Jan. 1
Buloto.
-.
■
High
Low
#
13%
7%
;
-.5
J#
-
~
~
i
!
t
.
'
•
-
'
4%
100
109
10
109
1
Apr
8%
8%
25
8%
4%
6
80
6
Anglo Can Tel Co pref. .50
40
40
31
40
Apr
Asbestos Corp
18
18
550
Assoc Breweries pref. ..100
Batimrst Pow A Paper A. *
Bell Telephone Co
100
111
111
6
17% Mar
100% Mar
4
*
f
9%
Apr
7%
Jam
Apr
5% preferred...
41
Apr
97
p—*
Apr
'
Jan
0
AmalElectric Corp.
110
19
Jan
Preferred,
—50
,
For footnotes see page 1747.
7
6%
*
-
111
Apr
24
*
14
235
13%
Jan
14%
Jau
145
267
142%
Apr
150%
Jan
.100
jmm
.100
144-
18%
11%
MO
10)
High
135
9
4
7
,
96
50
98%
4
4
5
5%
25
24
220
23%
115
102
115.
245
60
1
>
'
;!
Mar
Canadian Ind Alcohol.
-
of Prices'
Jan
13%
Apr
Canadian Pacific Ry—-25
12',.::
Jart
Cockshutt prow.—--——*
Jan
Con Mining A
5
Mar
Apr ,102
Apr
;.
Jan
.
21%
102
114%
Mar
Mar
Feb
;
,
25
■■
20%
Mar
Jan
102% Mar
115
5>%
"'Week
3
275
3%
■
50
'
High
Mar
3%
3?i
-L J.:".- Mar
5%.
2,175
.
"37%
Low
Shares
Feb
5%
•; 840
Jan
8%' Mar
m
Jan
37%
651
1
Jap
Jail
Feb
39
Jah
Jan
<
5
•
Smelting—5
'
High
r
3%
:
3%, 3%
5%
5%
5%
5%
-.37% 38%
Class B-—
21%
21% Mar
10
Low
4
Jail
7
■.
Apt
Mar
Jail
29%
Apr
Jan
4% Mar •■-5%
30
Price
-
Apr
5%
25%
729
290
24%
Jan 1.-8%
Par
Stocks (Continued)
Mar i
5
26%
102
115
\
6%
26
26
'
14
144"
.
897
.
Range Since Jan. 1
for
'
Saip
Low
130
7%
19
13%
7%
.ioo
Agnew-Surpass Shoe pf. 1001
AlgomaSteel.^.
Friday
Lail Week's Range
>1
for
Week
of Prices
Low
High Shares
both inclusive, compiled front official sales lists
Brazilian TRAP
Stocks—
Week's Range
\ Sale
L.
•
Sales
...
Last
Montreal Stock Exchange
April 25 to
1
19%
Jan
30;,
3,500
!
•-*/]
,
Emsco Derrick & Equip—5
1
;
200
Gladding McBean & Co—*
:47e
-High
51%
Mar
6C
''
:
,.V^'349
►
General Motors Corpeom l(r
18
20O
..I
.
■;
Holly Development Co.
Hupp Motor Car Corp.—1
*'■ J
Low
16%
10 L 50 %
^
rv
•'
».
Jan
f*
Apr
Apr
1st
Mar
%
:
Jan
92
31%
1
Range Since Jan. 1;L*
300
r
•K80C
'''.|
Creameries of Amer Inc—
Jan
-17
50%. 50) :
5cir,;.-5 »L
—
3H
12%
3%
287
.
for
'./ip
V
Week-
Shares,
Feb
-
Apr
hi
8,950
Price
Jan
Jan
36%
Apr
56%
Apr :X'v
v
At» Mar
.
m
Jan
Apr
»5ij
■■■'•
Par
Apr
25%
43%
300
Stocks (Continued}
31%.
15%
27%
Apr
Apr
2
7
52
26%
"
High
Ape .3
3 X
Jar
Jak *'24%
Mar
116
1%
2%.
«19% .
110%
29%
11%
24%
2,003
Last
*
Sale
Shares
;V,;
Sales
Feb
Feb
4%.
Range Since Jan. 1
W
■' '■'.'.liV
'-/"If!
Friday
26 X
Jan
Jan
5%
1 20
High
2
1
—
Paper.—— .--;.*
Sun. Oil—---.—*
Apr
Apr A: 6
64
210
5
=
Jan
Mar
17%
20
a53% a53<X
Electrical Products Corp.4
Apr
12
Jan
,46%
260
12
Feb
4%
a4%
53 X
Jan
8%
Jan
a4 %
Chrysler Corp--..*---—5
Consolidated Oil Corp-....
Consolidated Steel Corp—*
Jan
Feb
9%
9%
50
Scott
Apr
10
130
9U
9%
9%
53%
Salt Dome Oil Corp...
Jan
62%c
Apr
5%
145
r-C
=
Jan
Feb
-
May
44c
200
5%
5%
10
10
23
1st preferred*.—.....
1.85
2.70
29
Jan
1.50
2.25 May
25
12
Byron Jackson Co——.— *
Central Invest Corp--. 10Q
Cessna Aircraft Co..-—-"
Preferred
4,626
23
48c
Bolsa Chlca Oil common- L1
•
1.70
2.35
2.25
.50
50
— —.
Sales
ifor, >*
■Week.
IX
IX
2X
2%
19% 20 X
112% 113%
29%
30%
12%
12%
24%
24%
2%
20%
Reading RR.f
Barker Bros 5 %% pref.
-.*
—
Pennroad Gorp v t c—.1
Range Since Jan. 1
.tor.
Prices
High
oj
Price
Nafl Power & Light-
Low
Pennsylvania RR-—.50
Sales
Friday-
of Price*
Price
Par
Stock* {Continued)
Week's Range
':>■J. X"-
Mar
1
Distillers Seagrams
Dominion Bridge———r_*
Dominion Coal pref
Dominion Glass.
—
—
-25
-.100
Dom Steel A Coal B
Dominion Tar A Chem
.
.*
Paper.....—.:.*
115
.115
25
Dominion Textile-——*
Dryden
:21% .22%
23%
23%
L12% 12%
21%
8 ,.;-
*
8%
3% > 3X
75
75
,
...
3%; 4
"
20% Mar
22% Mar
1,205
87
511
.
.12
75
/ 97
340
".Mar
6%
1,698
.
24
Mar
117
M 15
26%
115
'
3%:
Apr
Apr
Jart
Apr
:
Jari
4%
82'
"Feb
73
Jan
Mar
9%
Jan
3%
15%
Jan
6
Jan
Jan
Volume 155
'Number 4069
•'<"
.
—
»•;
-: -
..
THE COMMERCIAL & FINANCIAL CHRONICLE
CANADIAN MARKETS--Listed and Unlisted
Sales
Friday
Friday
Last
Stock*—
-•
.Week
of Prices
Low
High Shares
Price
Engll h Electric B.
Oatineau.
Week's Range
Sale
%- Range Since Jan.
fore..,
High
65
5% preferred.100
54% preferred
100
76
5-;
v-5
Preferred::.!..;.
100
Goodyear Tire pf.inc '27.50
-42 %
Gurd (Charles).........I*
;-2-
87
7»"«
88
4"
■5'-'.,:
125
v:
2
:
.3
,;•.• ■ 425
l-fl'J'. 3
101
2%
92
•t
7.2% ••Apr
Hollinger Gold Mines
100
J-M
Jan
Klrkland Gold Rand....
Jan.
99
Imperial Oil Ltd...
Int Nickel of Canada.
X '820
7%
79%
&4V4
L395
29%
711%
29%
11%
"tf 600
2)4
2 %
88 %
29
1,247
*
Powers ... .*
'■•.•7 50
Inter Fete Co Ltd.
L
"1,000
*
Preferred........... £1
•
Preferred.■..........100
87%
Ltd
.
•.
>
Mar
v
-
124
.36
Apr
Mar
2 %
Legare preferred
.
135
8
5 %
2%
50
Lindsay CW..
Massey-H arris
131
McColl Frontenac Oil
■V
■.
Ail
,L
Preferred
100
200
100
SSc
23c
200
23c
50c
2,750
75c
Feb
1.20
1.22
300
1.20
Apr
1.62
vJ«*
1.03
1.03
200
1.00
Mar
1.31
Jan
1.71
1.71
,100
1.71
Apr
3.20
Jan
TnternationalPetroleum
100
lc
Jan
lc
Jan
J M
450
60c
Apr
Apr
87c
Jan
Kerr-A ddison
49c
Jan
Kirkland Lake
1
36c
•
Mar
v.
22
%
•
105
1.15
Jan
33
Apr
37c
Apr
37c
Anr
Lebel Oro...:
2.30
Apr
2.70
Feb
Leitcb..
:
2c
Jan
6%c
Apr
Little
Apr
19
Jan
Loblaw GrocclA
125
10
Feb
8%
•9
to
May
1,
West Kootenay prcf...l0fl
Week's Range
Stocks-
Price
Abitibl
50c
300
50c
Apr
75c Mar
5Vs
365
4%
Mar
Jan
■-.*
6c
6c
500
Jan
5c
Mar
10c
8c
8%c
9,010
8c
Apr
16%c
Jan
8%
8%
50
Jan
9
Apr
Aidermac
Jan
Algoma Steel.1
....*
Amm Gold......1
.
%c
3%c
Jan
Autor...—... .1
90c
92c
136
Mar
228
Mar
50
16
Preferred AL:
125
......
-
-....
-
Power. A.
Apr,
BeliTelephone.
Feb
Imperial........ .100
190
i ;
Apr
Bidgood K
Bcatty 1st pref........100
144
Blue
5c
9%
A
....I
-
7c
Britisli American Oil
iMSt
Week's Range
Sale
Price
Range Since Jan. 1
*
55c
1,350
55c
Apr
6
4%14
13%
100 « 101%
55c
-
240
4%
Mai
,:• 7
Aluminium Ltd.
Bathurst Pow & Paper B.*
2
Bcauharnols Pow Corp.
Brit Amer Oil Co Ltd....*
Buffalo Ankerite—
Jan
Feb
Mar
185
1.40
9%
358
13%
485
Apr
Mat
Canada Bud
Breweries..'.*
.5%
Can & Dora Sugar Co
»
Canada Malt Fig Co Ltd..*
18
Jan
6%
8H
187
7 20
7%
cum
Can Packers,----
Preferred...
•:
113
1.25
7%
Cndn
cum
preferred--.100
Westlngiiousc-...-*
5%
'
Consol Paper Corp Ltd
*
Cub Aircraft Corp Ltd..'.*
..
2
Feb
28
478
4
Apr
Apr
85
Feb
185
8
113
Apr
111
Ma
6%
,106
7%
Mai
•
1.16
Square Corp...
Dominion Woollens pref .20
Donnacona Paf>er Co A.i*
Eastern Dairies Ltd—
';
,
23
-
cum
,
157
Jan
13
2%
Jan
3
Apr
42
Feb
B
1.90
Jan
9
Feb
Mar
Mar
2c
Apr
Feb
Jan
Goi'S Baks.
Feb
9%'
22
Apr
7
24
Mar
4
8%
100
•2 H
485
6%
145
2
7
•
,
Lake St Joun P,«& P.i....*
18
•12c
1
35c
Denison—...v .i,... ..1
Ap.
10
10
30
3%
Apt
Jan
.
Preferred. L_
179
11
11
150
V6%
6%
Feb
14%
40
40
2
.
,■•'■ .•
E
Jan
14%
Api
45
39%
100
2'y
Feb
:
2
•
200
6%
,
,«>
2 ••:•
•; Mar
.
•
Eng Elec A...___.
74
•
:;
74.•;
10
74
-
Fanny Farmer...
2
Whlkcrvllle Brewery
1.10
Walker-G & Worts (H)._*
100
2
Francoeur
Feb
Mar
_..*
God's Lake........
41%
41%
;
$1 cumulative prcjt-.-..*
110
66
,=
Jan
Grab
8c
,8c
.
Feb
.1.10
Apr
40%
Mar
Mar
50%.
19%
Feb
Apr
16%c
Jan
18%
1,900
,
,8c
.
Beaufor Gold Mines..... 1
2%c
2%c
500
Bouscaiiillae Gold Mines. 1
1 %c
l%c
500
2%c
l%c
Apr :
Apr
Central Cadillac Goid....l
3%c
4c
1,000
3%c
Api
.
4%c
Jan
Mar
25%
Jan
Apr
17%
Jan
Mar
103%
Mar
106%
6%
Jan
9%
7%
6%
Apr
Apr
10c
Apr
2.30
Jan
45c
32c
Feb
Jan
May
49%c
29%
Jan
2%
Apr
Apr
3.60
Mar
23
10
23
2%
25
2.82
1,135
15%
100
15%
1,237
20c
2,500
5%
120
20
61%
31
70
Apr
Apr
5
f
70
75
2.75
,?i 15
16%
19c
Apr
42 %e
6
Jan
l%c
900
32
32
5c
Jan
Hard Rock.....
1
60
Mar
49%
Jan
Apr
May
l%c
Apr
150
3
73
-
12%
25
.
Feb
2%
15.
Mar
2%
Apr
940
:
3%c
May
7%c
8,450
-•
10
33
A 2%
2%
50
32c
36c
2,450
••:
1%C
15
3
73
Jan
Apr
39;
22
:
8c
.
Feb
20c
Apr
31%
Apr
4
13
3
77
50
150
2%
pref......'.. 100
10%.
Feb
2,000
%
Mar
Mar
1%
Mar
47c
1,550
52c
Feb
95c
200
20%
38%
A
236
36
19%
2.07 ,:.a 910
c
92 e
20
18%
Feb
Apr
Apr
Apr
Apr
1.35
Jan
26%
Jan
23 %.. Jan
'
1.000
1.05
Apr
2.85 ,Jan
1.68
Jan
30c
Mar
51%c,( Jaii
2.02
%c
12,300
9.0(h)
1.15
%c
.% c
1.75
25
1.60
Mar
3%
3%
11%
3
30
v' 3%
11%
2%
May
11%
750
10%
3%
37%
,375
2%
11
Mar
Jan
%c
Apr
Apr
100
752
2.22
Feb
1.75
11%
•
2.75^ Jan
57c
7,900
60c
3%
l%c
Apr
i,500
6%c
Apr
96c,
1
59%
59%
900
Mon Knit pref...
Moneta
....*
100
......1
25c
Moore Corp
...*
Nat Trust---.:..,
28
100
40
134
59%
23 %c
9%c
8%c
9 %c
......"
42%
42%
Normetal......
Nortii Star pref.
"62c
..::*
39%
Apr
45
Apr
34%
134
Apr
Apr
138
62
13,300
8%c
61 %c
0'2c
600
61%c
2%
Apr
Apr
90o
Jan
"
1
12c
Pacalta Oils.... ........*
Paymaster
280
3
3
-
48c
Apr
90c
Jan
5%c
Jan
10c
Mar
6%c
Feb
14c
Anr
2%c
2%c
8,350
2 %e
13%
1.00
1
13%
1.04
12c
Feb
1.00
Mar
1.35
Apr
2.36
1.39
Apr
2.20
2%
Apr
Apr
4%
Jan
4%
•Feb
1.64
Mar
3.20
Jan
1,000 'H-r,; 8c
Apr
29c
50c
1
1.42
1.45
1,000
1,725
10,745
1
1.39
1.45
1,440
....
3
3
..1
3%
3%
50
Preston East Dome
..1
1.74
1.81
Queenston
..1
12c
12c
•••••'T ,4l-
9,250
23
Riverside Silk.........
1
200
2%c
"•:5:2c
17o
100
33
33
225
2%c
Feb
Apr
19%
Jan
33
Apr
38%
Feb
1.42
1.45
3,700
1.35
Feb
2.05
Jan
2.00
8.000
1.00
A pr
2.75
Jan
11c
6c
Feb
17c
Jan
70c
2,000
1,200
Sherritt-Gordon
68c
68c
2,278
Silverwoods
7
7
68c
50c
v
6
Preferred
68c
6%
Apr
97c
Apr
8
6
1,545
Apr
72%
35
36c
1,650
35c
19 %c
2,000
17c
17,450
14,500
lc
2%c
Jan
Lake............
1 %c
I9%c
1%C
South End Pete........
3 %c
4c
10
Stan Ch
Steel Can,.::.....
.20
10
58%
68
1.31
Steep Rock.
A 3
100
9%
Jan
96
;
"
•
57
Mar
67
"Pi Apr
ii,000
1.45
1.30
3
••••■5
A3
lc
lc
1.25
Apr
2,000
1.15
Mar
lc
Jan
■;
ii
Jan
89% ■..'Jan-
Apr
44
59%
67
Preferred..25
-
0% .Jan
■'<
Apr
Apr
Apr
70
'
81aden-Malartic
Jan
78c
:
Apr
65c
•6%
-<
25
35c
70
....100
Siscoe Gold... _.....: A
49c
Jan
34c
Jan
;:K 7C
Jan
"6C". Mar
•
.
11
Feb
63%
70%
Jan
JaD
1.96
3
Jan
Apr
Apr
Jan
1%C
.......
1,000
1.15
Apr
1.56
Jan
-.1
2c
2c
500
l%c
Mar
3c
Jan
.1
1.22
1.28
1,125
1.15
Mar
1.98
50
52%
1.67
52%
9
52%
Apr
1.80
6,260
6%
50
: j
Sud Contact..
Sy lvanite
Jan
•16%
1,00
J
....
Straw Lake......
Sud Basin.
Jan
10%c
1
Sand River:..
(....... .—.
Jan
155
147 f't May
25
17
Jan
Apr
Mar
150
Jan
Jan
•
24
Apr
2,000
2%c
17%
17
100
3
-
3%. Jan
Apr
490
24
147
Royal Bank of Canada. 100
Royalito
Coal.
Apr
6,800
6,000
6%c
14c 205.700
Pow Corp
Pr Metals
Ster
Jan
Mar
Ontario Nickel
Slave
Jan
5c
6c
Simpsons pref
Jan
Feb
23c
Mar
48c
Sheep Creek
Jan
Mar
3
Senator Rouy n
Mar
4c
1
pref
28c
41c
1
St Law Paper
San Antonio
Jan
Mar
65
:
500
5
Roche LL
1.40
852
O'Brien Gold
Pioneer.
Jari
Jan
4c
Omega..
Pickle-Crow
Jan
10c
4c
..1
Perron
1.04
28
380
43
Nordon Oil.......
Jan
2%c
Apr
Feb
aa6
•al'T
Mar
45%
96c May
5
-
28
134
...1
Naybob......
Noranda.
•'
Jan
4
.
'
2,200
25c
39%
Nat Steel Car..
97
Jan
12%
Apr
1,000
7c
2% May
87
Apr
Feb
4%
11% May
Apr
Apr
l%c
Mining Corp
Jan
10,750
1,15
42o
Al.25. <1.40
;
Jan
.
.
.
Tamblyn preferred
TecK-Hughe8
T T Tailors-
1
.:...... *
6%
9/
Tip Top Tailors pref... 100
85c
Toburn................1
25
97
Jan
19%
Toronto General Tr
100
63
460
20
66
30c
Transcon Res..
80
63
Apr
Apr
Jan
7%
Apr
36
3.05
65
33
30
69c
3.15
690
3.00
25,100
5%c
Jan
4.00
Mar
*
41%
18%
4.20
13c
1
120
W Can FI....—— -*
-
50c
Apr
Feb
Jan
10%
8%c I0%c
Preferred
76
Apr
1
Walte-Amulet.....
:
Apr
Apr
Apr
Ventures
20
30c
70c
Wendigo
19%
7%
67c
.
Jan
85c May
500
1
_
Jan
8%
2,232
—50
Walkers
85c May
2.34
106
30c
7%
32
*
...
Apr
Apr
Feb
'
..*
Vermilata...........
Apr
6%
100
85c
Tor Eelv......
Upper Can
1.55
97
52%
2,800
446
4.25
42
70
19
210
13c
100
Jan
1.24
3.70
Jan
11c
Feb
4.80
40
Mar
50
18%
Apr
Jan
21
8c
4,750
120
Jan
Mar
Apr
Jan
Jan
15c
Mar
100
Mar
120
Apr
W Can Fl
pref
30
18
Mar
24
Apr
Jan
21%
10
23
10%
30
9%
Feb
11%
93%
...100
Westons... .:
Preferred.. ::...-.--100
93%
aa s
93%
Apr
94%
Jan
Winnipeg Electric A
*
75c
80c
287
75c
Mar
1.15
Jan
Wood Cadillac-.
1
2%c
1.81
2%c
1,000
2%c
Apr
3%c
Jan
1.95
1,755
,1.81
Jan
3c
10,500
2%c
Apr
Apr
2.90
2%c
6c
Feb
99%
99%
$2,000
Wrlght-Hargreaves ......*
Ymlr Yankee
*
Bonds—
War Loan 2d.
99% May
.
Toronto Stock
April 25
to
May
73
May
2%
Apr
-M-
~r>.
Price
Week's Range
of Prices
High
Low
Range Since Jan. 1
for
Week
Shares
ConRol Paper.. —7
*
pref......100
"*1*96
1%
78
1
5
7%
3%
%
23
23
20%
Montreal Power.
16c
20%
1.26
1.20
1.18
15c
Apr
525
22%
19%
Feb
Mar
2,615
1.15
Apr
600
15
Apr
81%
Apr
76
'
Dominion Bridge...-:...*
.......-.1
Apr
Mar
6
1,155
2
78
16c
Pend Oreille
30
6
6
Can Vinegars-...7.-4-*
Consol Sand
Jan
Feb
24c w Jan
24
Mar
23 %
Jan
1.75
Jan
Feb
Jan
*
13c
Jan
Jan
3%
75
Jan
Apr
3%
<
Last
Sale
Par
Stocks—
May
3%
Apr
32c
Jan
16%
:
official sales lists
Sales
Friday
Jan
28
Apr
Exchange-Cnrb Section
1, both inclusive, compiled from
Jan
11 %c
Apr
Apr
lc
1,000
26
7 %c
3
74%
65
42%; 43%
l%c
1%C
13
Hrd Carpet...L'.i.-L._:-.•*
6%
•
55c
Jan
Mar
l%c
25
Jan
4%
7c
Jan
Jan
175
•
l%c
6%c
Jan
9c
Mar
8e>
%
95c
1
Feb
1,600
2c
4.16
Mar
2,000
8
44c
*
Jan
22
4,608
3c
Apr
4c
115
4c
Feb
Mar
14%
7c.
.
3.20
3.50
Jan
1.22
9%c
*
Jan
2%c
7c
....
12
6.75
,
Apr
150
73
A:
40c May
Feb
(
Apr
1,125
19
7,000
2,730
150
Hamilton Bridge..
Feb
191
Apr
16%
10
6,400
70
Great West pref..:..:..50
Gunnar. 1
Hm Theat
179
170
•,
9c
50
13%
Apr
2,254
20
'
Jan
Jan
3c
19c
:
V-'
1
Bousq..-.1
Gypsum.
.
Mar
10%
*
GrLak V.T.^,
Preferred
■■
Copper Corp.-.*
Preferred
Feb
24
1.05
loo
1.10
2%c
21
.L.*.l
103%
v-
Feb
2.75
5% preferred....... 100
5%% preferred..:.. 100
Golden Gate-.......!
3v
Apr
•
Jan
450
15%
15%
*
•
25
#L40
100%
2
17 %c
Apr
7
2%
Goodyear......:.......*
100
'..•••
Apr
30c
1.40
23
1
......
Gatineau Power.._.i.'.*..*
Southern Canada Power—
6% cum preferred.-.100
United bccuiiiies Ltd.. 100
12c
1,245
Jan
Jan
40c
*
Apr
Apr
,
400
•'8
17%
7
*
Goldale
-
34% May
1.25
.*
..
Falco abridge
Apr
—
6% cumul 1st pref-. -100
21%
2%c
•
..."....1
Jan
12
Apr
5%
11%
290
Moore Corp -l.td—ii....*
-3%. Mar
10%
50
14%
Apr
Mar
106% 106%
8
8%
180
132
Jan
Mar
40
100
17%
........
Mar
18
11%
100
Dominion Foundry
39
29%
22
10%
Fordcl A.
3%
21%
10%
Feb
112
•
4%c
Sea^r...;;_.*
Feb
1,000
23,500
35c
u:
10
37%
Jan
19
34%
12c
Delnite.L
92c
57
18%
34%
Eldorado....
Apr
32
18
5%
57
115
34%
Duquesne
1
Eastern Malartic:7.'.....1
12%
3%
12%
112
A 12c
B..
Ma8sey-Harris Co Ltd—
New
K)o
10%
•37%
'33
»
Feb
5%
Jan
.451
Apr
s
Jan
1
Mar
10%
38%
*
Dom Woolens pref.... .20
.12%
May
62c
Feb
Consolidated Smelting_._5
Consumers Gas
100
200
90
1.50
Mar
Jan
75
100
Jan
6%
12
20
2,750
10%«
27c
10
5%
5%
MacLaren Pow & Pap Co*
Maple L.eU pref...
..*
62c
7%
%
..*
United Fuel A
Jan
Dominion SteelclB.....26
32%
8,650
4c
..100
McWatters
Apr
Apr
Jan
13%
43c
700
37%
121
Jan
Mar
16%
'35
Feb
'
*
Union Gas
18c
Mar
Apr
4.35
2.93
•
2%
Jan
60c
14%
Mar
4,577
*
Apr
Apr
9c
May
71c Apr
46c Apr
12,311
52c
Apr
1,350
585
-
9c
77c
7.100
"c
9%
2,000
Jan
10
3.40
3.50
.....*
Massey Har pref
10
J
Apr
32
Apr
40o
F.........._1
M aple Leaf Milling.
Preferred
20
65c
3%
150
32
Jan
lc
40c
Apr
19
2.25
391
10
of Canada Ltd.'.".:.."..*
29%c
Apr
Mar
1.10
Apr
5%
Mar
10%
Voting tru8t._.-i..'-_-LL.*
Goodyear Tire & Rubber -
9c
Dome Mines.
Apr
Mar
%c
2.02
8
53
50c
Feb
I8c
Mar
185
6%
Jan
65c
2%
10
15c
.1
9%
119%
71c
Jan
5%
1.50
10
Feb
Jan
*
150
Fraser Companies Ltd...*
123
1,000
5%c
Davles t'e troieum
Jan
Feb
460
....*
Coniaurum
Dominion Bank
2
1
15
10
Cosmos
Apr
-
11%
8.500
..1
17% May
50
30
121
5c
3%C
6%
20
9%
Jan
Apr
Apr
Apr
116%
3,041
8
121
3c
25c
11
25
5%
Crow's Nest Coal
Apr
"•200
155
1,000
10
Jan
1.50
395
10,600
36%
Apr
Apr
Apr
25
Apr
25
Apr
10
Api
-;• Mar
1.50
20
Jan
Jan
215
9%
,
Jan
9%
6
Jan
8
*
Commoil
55c
15%
Noorduyn Aircraft......*
A 5%
1
6 S7
Apr
Mar
Mar
116% 116%
...1
CockshuttFlow.
.2%
Apr
.50
.........
Jan
30%
22
17% %8%
Chesterville
Feb
210
3%c
32c
..i
Cochenour Will
Apr
6
415
ChemRes-....
1.42
Jan
20
11
preferred... 100
Feb
lC
':
...;•
Central Porcupine
Dtet
•
Feb
280
3%c
32c
*
Carnation
Jan
0%
Api
-
154
25
11
100
Jan
23%
l:;6 ;,vV Api
Ford Motor of Can Ltd A.*
Melcners Distilleries pref 10
Mitchell Robert & Co Ltd *
-
Jan
y,
5
-
Apr
Apr
215
215
Canadian Pacific lty
25
Cdn Wallpaper A. ....._*
Apr
%xi W- Api
7-
:
2%
Mines— 1- •''!•••■■
24
>
4%
Jan
1.50
Apr
1.00
25
*
Preferred
:
5
*
Canadian Malartic
Jan
5
25
Preferred
£dn, Oil—I. i
175
Api
21-Ly
•L
24
15%
Aidermac
'■
Cudtilnd Aljoholcl
Jan
161
Mar
12%
10
6%
Fleet Aircraft Ltd
Power Corp of Can
4% A 5
8%
8%
---'•
.'...*
Jan
7%
63 .••142 L\ Mai
2%
preferred...100
r: 4^ a 5::f {;-•/.
Faircliild Aircraft Ltd
*
B.
Apr
1.45
31
Jai
Ma
6%
Jan
35c
1.50
7
7%
.
Canadian Car
Jan
108
Ja.
28"
•
V
50
9%
9%
23
29%
4 May
78%
Preferred..
143
Jan
60
Feb
7%
3%
35c
•1.50
Feb
Feb
2,588 7:1.90
2.00
85c
David & Frere Ltee A....*
Feb
48%
34%
5(»
1.90
Dom Oilcloth & Linoleum *
80c
io
65
'
Dominion
,
105
146
6
,
,
Jan
..
7;:7:>: May
Mar
425
203
.:
28
900
lc
lc
1.50
60
Feb
5%
25%
115
10
9
6
2.50
126
28
.10
.
6
2
*
Consolidated Div Sec A.i*
87
Feb
115
15
41%
9
Api
120
*
65
22
6
15
cum pref
Commercial Alcohols
; 75
*
6
2%
I
41%
;
Catolll Food Products.... *
Preferred
12%
24
10
26
26%
1J0
Feb
37%
306
Canadian Breweries
3
157
22
Jan
Feb
Jan
Canadian Wirebound...
?
5
102
7
75
60
May
Apr
Mar
37
7iu
...
84
Feb
96%
33
20%
■
CanadianVickers Ltd
4
.
7
260
Mai
230
12%
Feb
17
290
Cp-i00
Jan
4ft 7
61
29
157
pref........ 100
cum
1.20
Apr
143
6%
7
144% 146
Cndn Industries LtdB—.*
Apr
122
.
26
:
May
442
5
1.30
28
*
35
36
Jan
Apr
8%
CndnBank of CommerceJOO
50
106% 106%
Preferred.......
7%
26%
Cqdn Gen Electric...... 50
Cndn Ge ieral Invests
4
97%
Jan
2%c
13%
80 o
30
95
Apr
45
6
5%
1,475
Jan
2.80
Apr
Mar
54
69
80
113
6% cum pref.....i.lOO
Canadian Breweries Ltd..*
Canadian Lt & Pow
50
5
80c
Jan
61C
lc Max
11%
Feb
Canada W ire & Cable—
.
....
Apr
91c
100
84
6%
........—100
Jan
29
500
i 32
i 75
121
CdnBaks..
6,125
2c
35%
vv:7A
22
Jan
Mar
97%
*
Feb
36c
;
80c
.....100
Mar
18
18%
5,200
1.25
8%
7
Jan
13
45
13 4
30
*
305
31,000
41c
4
Malting...
Canadian Can.
79 4
preferred...100
CanadaSt&rca 7% pref.100
Canada Vinegars Ltd....*
13%
19
} 25
:
9lc
50
Canada Steamship Lines..*
Canada Northern Power—
Feb
Mar
5
190
35%
Apr
9.30
80
18
35
Jan
Mar
9c
32 %c
100
5%
10c
7%
94
...
Jan
13%
18%
*
Preferred........... 100
Preferred
Jan
Apr
Burlington St..
....*
Calgary & Edmoutoii
"
Can Per Mort
2%
Jan
9%
17% <=dan<
Jan
9%
13
.
Feb
6c
May
2c
Apr
109
Apr
8
11c
*
Jan
**14
98%
Mar
6%
6.80
13%
Canada
4%c
100
/■< 18
5,900
311
*
Mar
3,000
"
7%c
Apr
1,060
*
Jan
y-13-v-vi-
257
•
2
•13%
75c
May
2,000
Canada Cement..
Abitibl Fow «L Paper Co
6% cum preferred... 100
7% cuiui.i pcei.i
100
-
•
Jan
7
39c
Canada Bread B...
Shares
110
151
Jan
12c
Build Prod...
'•for
Week
of Prices '
'
High
Low
Feb
Apr
6%
7%
Buffalo Canadian
Stocks
102
142
7.10
Uroulan
Sales
10
146
100
11c
British Columbia Powi As
Brit.Dom Oil--*:.:——*
Inclusive, compiled^ iront official -sales lists
Jan
7%
......
Brazil Traction.
Friday
Feb
94c
Apr
Jan
680
1
Bonetal
Bralorne
56c
Apr
145
5%c
6%
9%
6%
Top B..:.Li
BobJo
i
Apr
17
9%c
14%
&7.
'
5
Biltmore
Apr
125
Apr
4,900
109
Jan
6%c Mar
Jan
13%
275
60c
255
Apr
12
500
14
109
10(i
_
125
30
;
7c
57c
Bertram <t Sons
Jan
115
17
13%
*
101
125
7c
'
May 1, both
Feb
269
152
to
Feb
274
5
17
150
April 25
188 7f
182%
100
Montreal Curb Market
Jan
231
Seattle Gold AI.L
Jan
1.47
273
B ithurst
153 4li
Jan
181
60
273 4
Jan
90c May
181
May
500
55c
4%C
230
v
183.-
%c May
or
273
Base Metals
.100
A
Jan
Feb
100
*
-1644
.7. .;.lt>0
2%c
100
Commerce
Royal
35c
500
Bank of Nova Scotia.... 100
-
"-1.15
.Montreal......—TOO
%c May
1,200
:
Bank Toronto...
Barkers... .L...
Apr
Jan
-25
1,000
38c
3%c
*
Nova Scotia-
%c
38c
1
8
Jan
lc
McLellan...
50c
Jan
.
15c
Mclntyre
5
MoKenzle-Red Lake.... .1
Shares
Jan
99
115
1,140
=
,
18%
MoColI...
5%
Acme Gas
89
Apr
7%
Apr
May
Jan
25c.
29%
11%
675
Preferred new.....20
Range Since Jan. 1
.100
6% preferred
Anglo Canadian
341
y
lists
Week
Ashley.
7 50
*
7
sales
41
Jan
30o.
Apr
Apr
15c
New.*
for
of Prices
Low A High
dl'"
•,'
Bank#—
7:7?'
Canadlonne.. -L......100
\
official
from
Vv"6:,
Jan
Feb
Apr
Mar
29%
*
Man & East.
Sales
Jan
4
15
'
•
v
compiled
Last
43
WilsilN utd.
inclusive,
Jan
50
Winnipeg Electric A.....*
Woods Mfg preferred. 7100
both
Friday
Apr
94
*
65
25
6844.
Mar
Long Lac..i
M alarttc G
Toronto Stock Exchange
April
200
25
9%
Mar
Apr >12%
111%
29%
Mclj-Gockshutt
63
Feb
58
,-•
80
A
6
Macassa..-_._...„.....T
Jan
•
25c
......1
Madscn R Lk...
Apr
;
20c
2,000
112% 113
ClassB....
Jan
V
14
9%
1,000
25c
.*
16%
>■':
Jan,
43
.
445
21c
3
200
Mar
•Apr .115
10%
21c
Laraaque G.
.*
Lapa Gad.........^....1
1,800
Sale
15 44
25
Feb
12%
110
295
Jan
37c
Jan
2
Apr
25
1.18
Jan
Jan
106
Jan
7%
1,
3.30
2.49
Mar
L;S
Jan
204
lc
37c
44 <rA0t
344
55
May
11%
Laura Secord
5.,, ;• Jan
Apr
.-■.iJiz*
1.18
62c
Jan
13
Apr
1C0
vl
2.45
3 J4 i Jan
•Jan
ill
Je.n
11%
L_*
400
61c
'•., •
Bank of Montreal
Wabasso Cotton
:i",V
OH«—
Anglo-Canadian Oil Co..
;f": 'V
United Steel Corp
Jan
,
Apr
46
37
......
.*
>'
Mar
TO
8
100
Home Oil Co Ltd.........
v
•Apr
-?v
22
Preferred..;.*-..-—..25
60c
i
52 ••••:/; Jan
Feb
;
*;
52
25c
.:...•:
Cons
Jan
Apr
Jan
Mar
Feb
Jan
91
'
31c
50c
17 4
795
30
.
Apr
3,500
Apr
Apr
>
183
50c
5
725
*
1,600
1,000
35c
20c
50c
3,000
44
1,413
Steel Co of Canada
36c
20c
16%
6%
Shawlnlgan W & Power..*
Sher Wms of Can pref. 100
67c
;
6 4ic
25
Simon & Sous (H)..
*
Southern Canada Power. .*
26
; v.
Apr
St I>awreuce Paper preflOO
lc
60c
Slwien-Malartic Mines...!
.
Preferred
Apr
28%
1.499
A
Jan
2314
Mar
.
Api
Apr
20c
23%
10%
Int Met A.........
Tc'
6c
3
....50
preferred
Api
Feb
6%c
11c
Int Coal <fe C.w J;..:
Apr
Jason Mines
••*
]
16%
7
St "Lawrence Flour Mills. _*
Mar
23c
2.70
F'eb
Mar
2%c
500
.1
72c
Mar
47,500
15c
196
Imperial Tobacco ord..—5
Inspiration..:
Apr
Jan
2.50
21%
Jan
Apr
.
10.50
«%c
1
Lake Shore...
50c
Feb
40
Ma-
2.31
Jan
20c
12
52
Int Mill preferred.....100
International Nickel.....*
50c
37
Mar
2,850
3,610
7%
37 4
55c
Apr
6.70
2%c
190
100
23 c
Royalite Oil Co Ltd......*
11
St Lawrence Corp.....—*
Imperial Bank..
55c
Homestead Oil & Gas Ltd. 1
-3
125
Jan
37 4
Jan
25
Baguenay power pref.. IOC
Jan
38c
Apr
Apr
22%
Huron & Erie......... 100
4.00
Ma-
Mar
9c
:
15c
*
.i_.
36c
2c
9%
600
:'•••
5%c
*
;
V 500
'
1,000
100
9c
7.90
...
Hudson Bay..
11%
Apr
Api
2c
2.45
1
Howey
Range Since Jan. 1
Shares
1'2
7.10
.6
Jan
5c
Jan
140
■
Regent, KoUting...Ij.i.L<
Holland Paper.
.*
14a Feb
-
2c
9c
•
12
....
38c
Jan
1,195
Price Bros & Co Ltd.....*
3.20
391-4
.25
Quebec J ewer—.......;.-*
7.00
1,000
3.20
34
41*4
425
y
100
Apr
Apr
: 50
Pl-.cer Dev..■<...7. .ivl
Power Corp of Canada...*
7
•
Apr
-
-
20
:500
Ottawa L H & Power.. 100
A
,
480
Noranda Mines Ltd...-.*
OgllVie Flouir M H
Feb
14,
.
'
Niagara Wire Weaving...*
2c
37
45
150
i
Apr
333
29,
24
.215
.-...25
National >teel Car Corp.*
...
J4c
He
Jan
y
20
National Breweries.
:
Apr ••>• 34
Mar
5
Home Oil.
38c
Sullivan Cons Mines..... 1
U pper Canada
-115,y Jan
1,503
Hollirger
Jan
Homestead..
..
Feb
Mar
MontiCf l Cottoas pref.100
Apr
41c
3.20
Shawkey Gold
4?4,. Jan
Mont L H & Power Con8. *
h43c
Api
500
8herrltt-Gordon Mines...]
Biscoe Gold
...v. ;.
"Jan
112
Feb
20c
Jan
Jan
Apr
8
•
32c
4^c
Perron Gold-Mines Ltd..l
Preston -East Dome^....
J
Jan
2% "Apr
135
*
Feb
.
200
-
•;.
for "
Week
■
High
>
•
1,200
1
of Prices
Low
...i,.
O'Brien Gold Minos..../I
Pend-Orlello M & M..... 1
1744 i Jan
Mar
16
:7 30
Hinde, & Dauch..
20c
7
Price
H lgh wood ,-i:
Apr
Mar
4lc
.1
.
..
*
..25
Lake of the Woods
Feb
2.24
McKenzie Red Lake Gold 1
Jan
Va
24
8844
Apr
19%
Aor
Mclntyre-Porcupinc M..5
Jan
134
>,
Jan
87
1.22
Api
M oneta. _•:.
Ap* >•&> -7-?> -j-Jan
-
Ap;
1.22
20c
...
Mad8en Red-Lakej-.
Jan
9
.>
Mar
,,11%
116
•
-
28 7.7 Jan
•
7lc
104
Par
Imperial Oil.
Jan
Jan
•,.
100
Apr
wu;.
Harkcr
100
630
2,500
Jan
10 %
Mar
97';
22
•
-
Apr •'••.14:
10 ;
100
-
34
Mar
470
-
23%
8
10 %
.74
10%
*
Imperial Tobacco of Can.5
I ntcr nat ional
6.75
75
99
•
22 J4
:.*
Feb
71c
Sales
Weekh Range"
Sale
41c
T-ake Shore Mines Ltd.L.l
■
Last
Stocks {Continued)
GonsordLGold Mines
Feb
-
Range Since Jan. 1
Shares
1.40
Lamaquei'i wjL
2H
-195
10% "10%
*
Hudson Bay Mining
*
-7,75
7.20
5
Howard Smith Paper
Preferred
i
g
^714;
Eldorado Gold Mines.._-_i
Frs.ncwiur Gold.,.tiy..ti.*
•
High
11%
Jan
.
Low e
1.22
45',.
:
•
Price
1044
Jan
Ijl1\ Fli(laU
Week
*
2%
v3%
Apr
for
of Prices,
E».«t Mf lartlo Mi^es..... 1
'
.•■•v.
Hamilton Bridge........ *
Par
.
Week's Range
'•)•
Dome Mines Ltd........*
Jan
Apr
'
,
Mines (Continued)
Chesterville-I ardsr
Jan
f
6%
Feb
2
•
;•« '-»-< Jan
-
Apr
Apr
.40 7
100
H
(4
86
20
•-'TO
424
<-
3
v
Apr ">72 4
Apr V. 70 -
70'
fi
-
-
.'
Feb
•63
76 •
;•
General Steel Wares.
Gypsum, Lime & Alabas_*
5
"12
6R--
-
-Jar
3
.77 85
—5H-U-6H
Sales
Last
Sale
-ifi.25
:*
_.
1
Mai
55c
Jan
Admitted to un¬
listed trading privileges.
d Deferred delivery.
« Formerly the National Bond
A Investment Co.
f A liquidating dividend of 513 a share wis paid on the com¬
mon stock of the Nabco
Liquidating Co.
r Canadian market,
s Cash sale—not
included In range lor year,
z Ex-dlvldend.
v Ex-rlghts.
t Listed,
tin default.
No par value,
a
Odd lot sales,
b Ex-stock dividend,
0 On Feb. 26,1942, the Northern Illinois Finance Corp
Northern Illinois Corporation.
c
changed Its name to the
■
-v*//y;
■
■
■
(1
*..-v4->.-.;
«
*>"' ,V'.5:':.r
>ignl;;,::,,
.
r.-A
;■
,
OVER-THE-COUNTER SECURITIES
i
.
Quotations for Friday,
,
»
1
X
May 1
;-f; '
i
, "■
i
—
,
—;•
', * J- ;> J j ; '*. : /■:,,'O», f..„ :• /
"*'■*>v,<;<j* v!:yy iyMi!'•'.;/)yM'
'
BM*
-
r-;v;
FINANCIAL CHRONICLE
THE COMMERCIAL &
'-V^c.V '
<"«>
1748
»»«*«WII
"I""1 •""<«•«•>' ;
JiWMSSItfaiW U'MTtlfW.
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'
y
■
"'V?
-v
1
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int
Ji
■■
V'V' ii'"
■
'
•
1 i.'
■
'
'
.
!
•
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-v-'".'* '
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Ask
Bid
Ask '
■■
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iBid
,r;v'".i*'
1-,
I*'
">
V'-
!■
Investing Companies
T'*i
;
Vt
V'
.
Aeronautical Securities. .
5.44
.5.91
Inc...IK
♦Amerex Holding Corp. 10
1.73
Foreign
American
2.28
2.50
9.51
10.43
3%
9.57
90o
1
investors Fund C
2.44
6
10.57
rr.37
Co Inc..5
16.27
17.50
Series B-4.
10.68
Series K-l
Fund Inc.
——
Ltd.—1
9.741
Canadian Inv
Fund
Ltd..!
2.20
Trust...*
Chemical Fund..
1
Christiana Securities. .100
Preferred..
100
Commonwealth Invest—1
Consol I nvestment Trust. 1
Corporate Trust Shares.. 1
Series AA
1
Accumulative series—1
Series A A mod
1
Series ACC mod
1
♦Crura & Foreter com.. 10
*8% preferred.
100
20.14
11.07
2.39
64115
_
10c
2.75
Mass Investors Trust.
1
13.89
Mass Investors 2d Fund.l
6.58
118%
•10%
National Casualty...... 10
16%
42%
44%
10
46 %
46%
.10
30%
32%
6%
6%
2
20
2
10
6%
5%
1
8.82
5.66
Automobile..:.........
3.59
3.97
7.71
8.48
5.69
6.27
Building supplies
4.02
4.44
Chemical..
8.87
6.20
6.83
—
4.57
5.08
5.30
7.67
Bank stock series... 10c
Machinery
6.24
series. 10c
2.08
2.45
Oils
A...10
6.25
Electrical equipment—
5.76
Metals
......
A.l
2.50
12.94
4.41
3.11
*
*
22.07
3.52
1
Series 1956
1
84%
8%
9%
20%
Putnam
Group Securities—
3.76
Seaboard Surety
-5
Security New Haven
Globe <fc Rutgers Fire— .15
/ 2d preferred....— .15
6%
8%
65%
69%
Springfield Fire A Mar..25
Standard Accident
10
10
11%
Stuyvesant
21%
Sun Life Assurance
.10
10
11
Travelers
Hanover
.10
18%
20%
U S Fidelity A Guar
Hartford Fire
.10
76%
79%
Hartford Steam Boiler. .10
42%
45%
.10
%
%
1
10.10
4.30
4.74
2.27
Bank of New York.... 100
2.56
69.39
70.79
100
58%
60%
32%
34%
lie
38
41
55.27
Colonial...............25
8%
5.77
6.35
Selected Amer Shares..2%
6.23
2.95
3.26
Selected Income Shares..1
2.73
5.72
6.30, Sovereign Investors
1
4.51
5*02
3.28
3.62| Spencer Trask Fund
»
10.18
10.83
4.03
4.51
Standard Utilities Inc.50c
9c
3.40
3.75
♦State St Invest Corp...*
50.95
Super Corp of Amer AA..1
1.57
...
Railroad shares
RR
;—
2.70
...
2.98
2.60
3.91
♦Series C
1.95'
2.16
♦Series D
1.34
PUBLIC UTILITY
-
Court
April
on
29
granted
admit to the Judicial Committee of the Privy Council an
judgment
the
of
p.
1500.
|
-
a
June
payable
dividend of 50 cents per share on
15
stock,
from
1942
Net
ry.
oper.
1941
,$287,959
107,129
railway
railway
$257,740
108,167
67,968
61,080
income.*-
railway
from
from
Net
1—
Gross from railway****
Net from railway
;
the
ry.
Net
from
Net
ry.
—V.
Net
V.
!•
ry.
oper.
vfe
1140
1090
27%
715,937
572,214
53%
184,912
113,343
55,370
•
revenue.*!**.
and
income
174,359-
Gross income
_____*__*i
Interest and other deductions.
■*.«
.
'•
Net income
■
-
,
t.
IS
0.46
.,
;
-»■.
Bid
Asked
0.35 %
June 16, 1942
17, 19421942
0.35%
0.35%
June 19.
1942
0.35%
0.35%
July
15. 1942
0.35%
June
995
3. 1942..
0.35%
0.35%
June
10, 1942..
0.35%
July 22. 1942—.—
July 29, 1942
May
1035
INSURANCE
-
'
..
,
0.35%
IV-
0.35%
$361,945
4,518
292,102,
V
198,588
2,296,809
1,453,694
758,928
475,519
—
507,251
income.*
1401.
corporation
trustee
Net
ry.
;
.--
*
$642,479^
209,445/
167,6031.
1,783,393
452,116
,
1,771,551
478,825'
for
3 Mos.
$194,f)78
A
total
have
The
15-year
amount
•
" -
V v
•
'
/
,
:
-
income
of
$245,500
been
of
1st
lien
called for redemption
Stores
corporation
Corp.-^-Debenture Bonds Called—has
called
for
4V2% debenture bonds due April
of approximately $75,000, at 100
__
income (
deductions
foreign subs.
for Tj, &. and/or
'
-
•
.
••
:
j
721,538
profit- —
—
dividend—-dividend—*—~
Common
surplus—
Balance,
720,711
*73,015
*50,721
-
:
$524,006
a. b3,266
$1,095,01*
27,392
$460,740
s 23,812 $484,552
1
i
40,773
67,564
j
1,685
1,685
136,825 !
793,520
67,435
j
56,525
$124,163
t$23,312
I
18,938
,21,311
$143,101
d
39,427
t$2,001
-
41,512
4,795
r.V
20,507
■
V
,
5,911
4.600
$78,372
t$54,024
67,435
67,435
67,435
1
I
;
V. $35,309
;
58.621
$180,688
$278,478
$286,926
j
-
1939'
1940
84.782
64,994
64,994
;$2U,043
$10,937 ; t$186,453
reflect operations only for January, 1941
$154,497,
subsidiary figures
♦British
and 1942.
:
---r'
/. •,
Preferred
:
3,615,691
.
income taxes.
foreign
j
9,995
3,867,109
:
1,154,058
297,318
$1,122,904
-
div.,
Net
-I *31,995
:
Note Co. (& Subs.)- -Earnings—
;
Miscellaneous
».'j
163,355
4,449,295
*1942
$1>179,794
Profit
Prov.
V
k
Ended March 31—
Depreciation
Total
-
832,674
1
i: .-'.v.-r "i'
Earnings
of
254,055
6,123,902
1,757,755
income../
il.
Deficit.—V. 155, p. 1401.
Pref.
has surrendered $211,000 of its 5% bonds of 1944
cancellation, thereby releasing collateral comprising
i
railway.—*
331,304
304,671
595,983
276,888
oper.
ry.
American Etank
I
1939
$652,822
211,160 V
164,352
$1,304,900
245,814
railway
from
Net
$1,298,702
462,022
1—
from
Gross
$1,634,822
income—
Jan.
ifr.'
redemption on i July 1, all of its;
1, 1950, outstanding in the
plus accrued interest.
Im»4
i mediate payment will be made at Bankers Trust Co., New York, N. Y.,cat any time on or before the'redemption'date^Y. 155,• p.vlOOTj .jif/r^t.v
'.
;
172,386
■
I- '$184,851
oper.
From
1939
r
$2,247,059
railway.——
from
Net
1940
1941
1942
;
railway
from
Gross
tDeficit.-j-V. 155, p. 818.
tLoss,
American Fork &
Hoe Co.—25-Cent
Dividend—
declared a dividend of.25 cents per share on the
common
stock, no par value, payable June 15 to holders of record
June 5.
A similar distribution was made on March 14,' last, while
in 1941 payments were mafie as follows: March 15, 25 cents; June 15,
/."The directors have
cents; Sept;
45
"
175,590
RR.—Earnings-
..
Allied
$366,464
$360,442
MISCELLANEOUS
-
Net
194C
1941
$803,760V
3,581,620
railway-
oper.
the
1958,
'
)
1
i.
IS.
•
2,277,578
Dr 1,105
*
2,607,732 ;
$361,547
Net earnings
y.
June
21
17
...100
99.24
Bills
June
cumiil," income bonds, due July 1,as of May 29, 1942 at par and'/
Int.
Payment will be made at the office of Halsey, Stuart & Co., Inc.,/
paying agent, 201 So. La 8alle St., Chicago, 111., or 35 Wall St.,
I New York City—V. 155, p. 1500.
• ■
.
- '
:\
'
r
1940
$2,639,523
$2,969,279
taxes
0.49
0.35%
82
Allied Owners Corp.—Bond Redemption—
|
Report—
1941
expenses
.99.10
*
0.35%
May
3%
2%
■"
Operating
Sf
8
Bills6, 1942..
13. 1942..
20. 1942..
27. 1942..
,
Operating
Asked
Treasury
60
57%
Chesapeake Corp. common
common
stock, 61 shares
.
;
Calendar Years—
99.21
t%s Nov 1 '42
for discount at purchase.
Bid
stock, 774 shares of Missouri Pacific RR.
of Missouri Pacific preferred stock,
178
I shares of Pittston Co. common stock and $14,476 of Terminal Shares,"
?
Inc., 5%%' notes, together with 16 cents deposited cash. There re-)
mains outstanding $28,104,000 of the 5s.—V. 155, p. 1669.
j ■; '■
' »• ;
'r" . I
»>.'■?
' I;..j
?
148,313
.
100.30
99.19
'
152
142
6,847 shares of Chesapeake & Ohio Ry. common stock, 5,163 shares
t
497,203
200,201
146,466
are
29%
51%
quoted
Rates
25%
RR.—Earnings—
631,142
income*.
railway
155, p.
.The
to
v
298,190
Income
-
Other
'
13 924
773,647
Alabama Gas Co.—Annual
I
...
29.800
266,591
-
100.25
101.14
10.1.28
,i,,
Ctfs of Indcbt—
United Stales Treasury
10%
.! 9%
Alleghany Corp.—Surrenders $211,000 Bonds—
;
K
47.072
V'
155, p. 1301.
.
i
>
$166,907
57,306
;T
101.6
100.23
%%
101.8
101.4
..
200
60,000
$1,389,467
.
railway
oper.
from
Gross
j
1939
1940
$182,746
i
.Dec, 15. 1045
101.6
..
From Jan. 1—
'
From Jan.
;
101.30
Nat.Defense Nts
Sept.15, 1044
..
-■
Akron Canton & Youngstown Ry.—Earnings—
Net
101.28
1944
Other
i
March—
Gross from
10 ).31
II
Ex-dlvidcud.
1942
March—
Gross
to
:>'/•
100.28
.
i May
Alabama Great Southern
.
|
t.Vlar. 15. 1946
..
Alton
I
holders of record May 25. This
compares with 75 cents per share paid on Dec. 20, 1941, and an initial
of 90 cents on Aug. 25, 1941.—V. 155, p. 497..V
... ..:.V.
w...~
stock,
common
101.8
March—
Net
have declared
10J.5
Asktd
101.11
Ask
Bid
195
surplus, $518,371; total, $6,630,430.—V. 154, p. 1001.
v/:;
The directors
101.2
Sept. 15, 1944 ..
Mar. 15, 1915..
.
15, 1944
Mar. 15,
Bid
100.26
101
..
15,1943
ill
point
Maturity
100.21
...
15, 1942
Dec.
shares (no par), $1,331,300; long-/
term debt, $2,851,000; current liabilities (excl. of annual sinking fund
payment due in 1942, $50,000), $783,962; reserves, $826,067; contribu¬
tions in aid of construction, $28,747; capital surplus, $290,982; earned
Aetna-Standard Eiiffineerinff Co.—50-Cent Dividend—
•
Sept. 15. 1942
plant
Liabilities—Capital
Acme Steel Co.—New Directors—
-
x
a
represent one or more
Asked
Bid
and equipment, $5,638,074; bond retirement
and property improvement fund, $420;
current assets (incl. $230,713
cash), $922,114; deferred charges, $69,822; total, $6,630,430.
| Guy T. Avery, works managed of the company's plant at Riverdale,
HI., and W. Sheridan Huss, sales manager of the company's central
district, have been elected directors to succeed James E. MacMurray
and F. C. Gifford, who have retired.—V. 155, p. 1669.
:
27%
Sept. 15, 1943
10
Underwriters
f
Int.
Maturiti/
67
254*
Balance Sheet, Dec. 31, 1941
•
Ontario court of appeals upholding the judgment
ordering sale of assets of company.—V. 155,
Mr.
1
39%
37%
..100
Trade Bank A Trust
\
IS#;
Int.
May
INDUSTRIAL
-
Assets—Property,
motion
to
appeal against
the
Middleton
Justice
of
158
Asket
.........
Corporation and Investment News
Abitibi Power & Paper Co., Ltd.—Appeal Granted—
Appellate
Figures after decimal point
24
20
United States
170
Quotatl jos not furnished by sponsor or Issuer,
Federal taxes
I These boils are subject to all
39%
Bid
^
Ah
:.r
28%
36%
1.44
1
RAILROAD
Ontario
10%
27%
Tr_20
50
Fulton.....100
mm.
■M
»
Quotations for U. S. Treasury Notes
315
61
Title Guarantee A Trust.12
Empire
V • "• j V- l?
^
|
l.
"
%s, 1971
Wisconsin Power A Light 3
22%
Morgan (J P) A Co... 100
..25
t^.iT/
X.'
101
22%
New York
Corn Excnange Bk A
...1
*
General
The
9
20
Preferred
.
'I
33%
9%
Continental Bank A Tr.10
3.01
Utility shares.
♦No par value.
...
Trustee Stand invest Shs—
2.72
Tobacco shares
100
25
Manufacturers
Central Hanover
2.87
3.54
Equipment shares.
Steel shares.
a
Lawyers
—20
Chemical Bank A Trust. 10
Clinton
50
Brooklyn
6.SO
Electrical Equipment...
■-
Kings County.
53%
49%
Food shares
10
Irving
34%
12%
9
..35
Bronx County
100
Guaranty..
250
32%
10
i.<
Bankers
Fund Inc..
Par
Ask
Bid
240
v'
■
40%
June
Par
\
11
Public Service 3%9,1971
Pennsylvania Electric 3%s, 1972.;.....,......
Schenley DtsUIIera 4s, 1952. ........
Southern Natural Gas Pipe Line 3%s, 1955
Companies
4.55
J.-
Central lilb ols
Dec.
10.80
3.75
(Geo) Fund
3.31
3.74
Mining shares
10
U S Guarantee..
*
•.
'
'
American Tobac?o 3s 1982.
33?
4.97
Petroleum shares
4
U S Fire
'
,
4
335
Westchester Fire.....2.50
New York Trusl
28c
Building shares...
Chemical shares
..
.100
'
1
'
1
41%
42%
3 %
2%
203
173
Co._2
'
i.V-A. //
A
.
1
.
221
,
103
100
23%
Halifax.*
23%
Quotations For Recent Bond Issues
•
■
21%
31%
—5
24
21%
30 %
7%
38%
10
10
22%
•X
13%
3
8%
18%
40
;
145
216
35%
1.30
Aviation shares
General Bond
135
2%
7%
—
100
12%
41
10
5%
75%
Marine .62%
33%
Security
Merchants...
145
137
111% 117%
Seaboard Fire A Marine. 10
Home Fire
19%
4%
..
1
Quarterly Inc Shares.. 10c
5.47 Republic Invest Fund—.1
4.13 Scudder, Stevens A Clark
Merchandise shares
16%
5%
23%
18%
11%
'i'■
Sterling Nat Bank......25
1015
4%
(Paul) Fire
VA
880.
985
21%
19%
17
Great Amer Indemnity- -1
-5
Great American
550
10
10
Rhode Island
5o;,;
23%
'21%
^
Peoples National.......50
Fifth A venue.......*,100
First National of NY.. 100
Reinsurance Corp (N Y) .2
St Paul Fire A
4.15
3.00
....
22%
-V '•*
Ask
45
Public National...
74%
Revere
Clty...,...-..12%
'
Penn Exchange..
23%
21%
11%
71%
11%
26%
Republic (Texas)
nr.—m
40
71
Providence-Washington .10
45
81%
Bid
Par
.....
National Safety...... 12%
.
16%
5
Preferred Accident
u,
^
Bronx..*.^.50
:
..13.55
Commercial National.. 100
IMar. 15. 1943
June 15, 1943
10c
Series 1958
Plymouth Fund Inc
$
:
,
:-;-y
National
13%
38
10
Phoenix
2-3
National...50
1
-
•
35%
111
42%
1.65
3.79
Agricultural shares
6%
%
.10
1.68
2.86
it
National
12%
'
1.38
23.73
General Investors Trust. 1
No Amer Tr Shares 1953.*
129
Ask
Bid
Co. 10
90
37 %
Series 1955
3.83
2
.r
-
42
5.29
No Amer Bond Trust ctfs.
110%.
127
New York Bank Stocks
:v: :•
Bensonhurst
31%
35%
4.87
4.80
109.V
110
,7;^
Bank of Yorktown_.66
93%
23
3.24
Railroad equipment
14.18
»
3s.;.1946
i
Panama Canal 3s.... 1961
21%
32%
20%
6.01
Steel
2.95
Iuc.2
101.8.
....
Other Issues
U 8 Coaverslo
22 4*
69%
33%
6.35
5.45
2.94
.........
Railroad.
;/
v.J.
FeKl, 1944 101.5
i
U S Conversion 3s... 1947
Chase National
25
5
6.87
Fundamental Trust
i
5
106
Fr.25
Globe <fc Republic
8.44
1.50
V
:
16. 1943
174*
Pacific Indemnity Co...10
.10
Georgia Home
Gibraltar Fire A Marine .10
..5
Glens Falls Fire
5.84
Insurance stock
1.24
—
........
•••
.
184*
Hampshire Fire
Pacific Fire
42
33%
.10
General Reinsurance Corp
Bank stock
20.40
18.97
Fiscal Fund Inc—
Automobile shares
National.25
„5
-
Fireman's Fd of San
Stocks Inc—
1444
B...
Northwestern
1
%
39
Firemen's of Newark.. ..5
..5
Franklin Fire
6.24
England Fund
12.93
General Capital Corp
28%
26%
....
10
Fidelity <fc Dep of Md..
9.51
New
13%
Shares A...
Northeastern
Northern.
.20
5.67
12.02
Foundation Trust Shs
North River
Fire Assn of Phlla
5.37
Agriculture
15.40
8.35
5
Eq ulty Cor p $3 co n v pref. 1
Fidelity Fund Inc.—
— *
First Mutual Trust Fund.6
Fundamental Invest
18%
21
-
Equitable Investment
Corp (Mass)
Insurance stk
17
22
3.70
5.12
notes
16/42 at 100%
Bank of Manhattan
141
136
10
5
2.50
5
......12.50
3.3 4
Aviation
83c
92c
14.49
1
1
Fixed Trust Shares
New
Continental Casualty-- ..5
2%
Eagle Fire....
—
Excess.;.....
4.
New Brunswick
New York Fire
Federal
priced bond series..
4.97
18%
6.49
Income series
72
4.77
.10
City of New York
Connecticut Gen Life.. .10
Preferred stock series...
Amsterdam Cas
New
23
5.89
4.10
National Union lire
17
Employers Re-Insurance
Low
3.55
National Liberty
21%
91c
3.45
National Fire
.10
4.34
....
Mass Bondiug A Ins..
-.5
-
81c
Bond series
7%
r68
100
-
2.22
1454
4*
•i''i,
5%
9%
4%
16%
4.01
New York
Stock Fund
Merch A Mfrs Fire N Y..4
National Security Series-
3.07
13.45
Howard—
Balanced Fund.
39%
(Colo) ser B shares....'
(Md) voting shares..25c
112
IK
:i
37%
National Investors Corp.l
26%
21%
Maryland Casualty......1
51%
Camden Fire
6.75
'< V'"
.
43%
Carolina
Natlon-Wlde Securities—
Insurance
9%
39%
7.08
Mutual Invest Fund Inc 10
16
c
•
48 %
Newark... 2%
Boston
20 %
ouslng Authorlty-^-
/
July 3, '42 at 101...
7%
3%
2%
12%
14.94
1.83
S
'v ■
I
100.4
'
:
l%s Jan. 3, 1944—
29
6%
2%
Lincoln Fire...
Merch Fire Assur com...5
3.40
1.51
26%
..5
17%
12%
American of
7.54
Maryland Fund Inc
Amer..10
Jersey Insurance of N Y.20
Knlc kcr bocker
—5
58
8
.10
'.V;
100.15
14%
23%
14%
-5
100.13
60%
16%
Co com -_5
Automobile.....
6.8 1
12%
58%
5%
11%
Bond
Inc common.. 10c
:
■
Apr. 15. 1944 100.2
1. 1943
.
■■
24%
22%
—..10
Ins Co of North
Baltimore American... 2%
Bankers & Shippers— .25
26.70
—*
...... ......
Loomls Sayles Mut
Manhattan
1.83
1, 1943
Ask
Bid
American Re-Insurance .10
.10
American Reserve
.25
American Surety
65.60
26.17
_.;
.
—
Am Fidel & Cas
American Home
2.66
Fund. *
American Equitable
7.42
1.57
-100
.25
9.63
6.72
Fund
18%
1, 1942
I%H.... .Feb;
2s.......Anr.
"
.V.July,15, 1943
I
Federal Natl Mtge Assn—
——T—5
Homestead Fire
22%
55 ;
.10
LIfe.T—'
Agric iltural
American Alliance..... .10
12.21
8.74
26
1.51
Shares.*
Delaware Fund
1
Diversified Trustee Shares
C
1
D
2.50
Dividend Shares
25c
Aetna
8.19
3.14
2.89
J%s.....Dce.
,
vj ►/
-"-I-Julys IV1942 100.10 100.12"
^-7..-Oct: 15, 1942 100.8 " 100. io;
+
1. 1942
V t%s—Sept.
Call
Home......
47%
45%
.10
.........
107
103
Surety- .10
Aetna,Cas
Aetna,.
Corp—" -
-X%
*
Federal Home Loan Banks
;
Par
Ask'
Bid
Par
12.63
Loomls Sayles Sec Fund. 10
17.75
9%
mi,;
2s.~>.--Mav
16.35
7.45
Series S-4._
140
24
Cumulative Trust
Eaton &
14,90
11.52
Series S-2......
7..
16.75
i
Call Nov
29.26
Series 8-3.............
21.66
135
.,...1.
Companies
Insurance
23.78
Series B-3„—„
2.80
7.26
♦Common B shares.. .10
*7% preferred
26.72
21.65
.
Series K-2.
Century Shares
Crum & Forster
Series B-l—
Series B-2_„———„
Bullock Fund
'
:
Keystone Custodian Funds
3%
Broad St Invest
''
7.68
3
Boston
■
99c
...
7.50
3%
-
i
V,
16.35
2%
—
8%
•
■
v
66c
60;
15.04
1
;— -
♦Urst Boston Corp.... 10
1, 1943
II %%—Feb. 15. 1945
May
;
43c
•
1.69
Insurance Group shares,
Investing
28e
*
10.63
Bank C. roup shares—,
*5% preferred
—- Basic Industry Shares.. 10
•Common
♦Blair <fc Co...—..*.*..1
5.45
Series C-*.
Sr.
Reconstruction Finance
Commodity Credit Corp-
Corporations
62c
16.59
•
12.76
'f.,; r!:
12.53
Investm't Co of Amer..l0
:
Union
1.14
v
1.47
Aviation Group shares..
14.86
8.90
1 04
9.60
independence Trust Shs.*
Institutional Securities Ltd
4%
13.67
•
55c
15.18
Sha.25c
Bond Fund ser B..i
•
941:
11.55
1
.*.....
Banking
Investment
31c
-
11.65
Investors, .5
Incorporated
../
..^....---lOc
Assoc Stand OU Shares.. .2
Aviation Capital Inc
1
Axo-Houghton Fund Inc "
Investing
Bankers Nat
14
»1'
Wellington Fund.
3.57
(
—25c
B-.j...
Trusteed Industry
■
Fund Inc common.. 10c
12 %
Business Shares
Mmrr
*
'
Income Foundation
Class
10c
5c
•Huron Holding Corp..
1.89
Affiliated Fund
Ask
Bid
Par
Asfc
Bid
Far
'
b.L.
3.75
-1
♦Series
—-1
Trusteed Amer Bank Shs—
♦Series A-.----
'
i
Stand Oil Shares—
Trustee
«%'
U S El Lt «& Pr Shares A...
.
15, 25
centij; and Dec. 15, 45 j cents.—V. 155, p. 911. j
Foreign Power Co. Inc.—Dividends—
I
have declared a dividend of 30 cents per share on
American &
The
the
$6
stock,
are
directors
stock and ope of .35 cents per share on the $7 pref.
payable June 15 to holders of record May 23.
Dividends
pref.
both
4n arrears on
both issues^ Like*
amounts were paid on said stocks
Volume 155
March
while
ahd
THE COMMERCIAL &
FINANCIAL CHRONICLE
16^; this year,?,and
Dec.
on
of
one
Number 4069
-
1941
15,
on March: 15, June
dividend of 60 cents
ia
70 cents oh the
$7 pref.
and Sept. .15,11941,'
the
$6 pref. stock
16
on
stock were paid.-'-V.
■
•Quarter Ended March31^:
Loaned
Net
' r, •; r
families**:/—_ill—*
to
earnings before taXeS****L_u..M,—>:
Normal
and
excess
Net earnings
Earnings per common
Xji. Lib 4-
—
*i.~
as
compared
to
$18,409,811
'
$7,751,000
477,468
320,581
'
:j. American-Marietta Co.—Dividends—
directors recently
share
declared
1
,
$2,263,338
223,927
604,866
396,401
2,631,214
1939
$561,212
3,360
$819,430
445,709
481,873
299,767
See
$564,562
v
. -
.American
Radiator
&:• Standard
-
*'
„
*
Sanitary
'
/
Comparative
212,122
32,319
220,327
938,000
/.
share
per
r
1
;
on
$748,811
r
>■}
,
$0.31
.
Net inc. before Fed. inc. and
Provision for Fed. inc. and
,Net income
The
(& V
profits taxes
profits taxes
excess
-
_
$2,345,966 /
$2,869,994
1,720,000
$1,149,944
—
750,000
$1,595,966
&
Period End. Mar. 31—
k
1942—Month—1941
the operating results of such
companies for
shall have, been determined."
/J ; 1 ///■///■■;i'- ,//"■
reserve-until
■/v^VL/L
Common dividend—
Omits
The
directors
$1.75
on
share
on
per
record
May
25,
v
v
took
action
no
on
a
.
stock
common
dividend
of
of
retire,
Gross
"in
res.
91,000
appro.
income
/. New
,
///
after charges
Dividends
758,473
1,290,000
-
1,282,000
$257,335
$3,991,037
10,201
$3,280,544
925
a dividend of 25-cents
per share on the
payable June 15 to holders of record May 15. ^A like
amount was paid on March 14,
last, as compared with 35 cents each :
on April 5, June
14, Sept. 15 and Dec. 12, 1941, and 25 cents on Dec.
fof- Federal
12
months
'
of
takes
ended
The*: directors
of
stock
Goods
have
made
2,
account
on
$3.75;,-and
be
made
$3,291,607
...
$1,310,843
949,265
$1,068,503
The
directors On
of
April 29
and
common
declared
•George'W. Hill, President,
"'The
company's
margins
are
Justified
in
not
for
for
the
stock
common
sales
narrowed
declaring
in
letter
a
continue
by
rising
$1
a
to
be
to
excellent.
the
costs,
dividend
stockholders,1-said:
while
7%
in
6f
$1.75 per
second
share
cumulative
1941
the
March
$5.75.
for
have
would
Second
quarter;
panded.
,
•
-
that
"For
dividend
a
third
and
the
for
you
24,
forward by Secretary
and-have since been ex¬
'!*.<*<,.
the board of directors deemed
cents
for
the
second
"
«,
/
v
1,
;
-
following
$6.75; June
it
wi6er
fe^gistrat
Trust
Guaranty
Gross
Net
"j
of
Y„
the
been appointed
has
indenture
dated
April
2,
$3.50;
trustee,
rayon
Avconit
yarns
that
No.
to
are
be
'
<
the
1,
'
knit
/•
;
■
corporation's
As
American Wakr Wotks & Uleictric Co.,
1st
Week Ended
1942
output of electric
1941
1939
4/iS-
72,124,000
55,919,000'
49;708,000
4O,'686,G00
70,456,000
53,968,000
51,321,000
41,992,000
53,608,000
50;887,000' 40,938,000
51,473,000
39,179,000
the^^ three moMhs
928,944,753
kwh.,
as
Ifidiftg Marc^
increase of 18%—V. 155,
American Writing:
1942/
789,529,388
against
p.
kwh.,
1670.
'
taxes.
issue
interest in
-
Utilities
1
Ann Arbor
^
:March—Net
RR.—Earnings/'/':/•/ 1942 '•/'
from
from
railway.-,--, / $429,524
railway.—--/
93,768
Net ry. bper. income—/ From Jan. 1—
:
28,193
-
Gross
ffom
Net from
Net
~^V.
the
the
a
of
of
ry.
railway.^-^
105,581
50,702
* 1,235,977
12,471
/ 25,956
937,575
279,945
1,000,057
159,172
152,948
56,377
'.//:■/
i
;-i
i
;
152,350
46,067 ;
.
1939
$339,725
44,078
13,792
12,782 ,//
*8,175
7,545
66,165
1,191,119
1,069,070
914,302
981,891
202,295
182,473
100,693
195,806
♦44,358
35,993
20,862
17,228
/'
1942
$287,747
1941
; 1940
$200,817
102,177
61,855
24,855
22,249
>v|.
1939
$160,159
$144,702
21,315
14,409
*5,161
*10,219
470,843
;
562,431/
149,279
69,197
429,512
51,610
65,763
44,881
♦2,063
♦19,420
155,
1403.
p.
Refining
have
Co.—Smaller
declared
Dividend—
Common
dividend
a
of
15
cents
and
is
expense
Society
of
Chicago, Ill.-^Bonds
Illinois,
-
to
City
National
for
the
the
the
Connecticut
Bank
promoters
common
proceeds
is
to
from
stock
of
of
Union
loan
the
from
come
stock
the
will
securities
probably
be
electric
110,239,560
11.9%
or.
net
part
their
&
Trust
of
the
Co.
Insurance
of
securities
Chicago,
who have
Will
be
has
used
$202,000
4
/
,
569,299
,
the
of
Union
within 24
is
It
sale
of
24,701
$690,000, and
stock of Union
as
$600,000
and
after
the
Union
mechanical
hours.
for
the
Co.
soon
the
as
contemplated
of
Insurance
The
by
of
abovd
Units
Utilities
details
stockholders
the
can
ac¬
be
Union
Of
Co.—^Weekly Output—
Corp., reports that
of
(kwh).
production
Associated
.We have
the
Associated
Thi^ is an Increase
of
103,882,701
for
Gas
units
a
of
the
&
for
13
stock, ho
This
group
12,356,859
year
units
ago.—V.
declared
of
Will
them
of
bonds
bonds
of
(in
the
directors
of
The
or
the
or
five-year
Co., or
the
ratio
convertible
secured
certificates
of
Service
dividend
of
50
certificates
certificates
Columbus,
years
year,
five
years
1941
year
mailed
was
prior '
///'/•/"//>
RR.—115th Annual
Ohio
int.,
and
five
/
Report—The
of the President and-directors of the
the
com-
r
shareholders
to
.
items,
taxes,
an
hire
increase
.
income" of
other
rentals,
loss
$8,306,748, less $2,004,181'-deductions
for t
separately operated properties,
and miscellaneous
on
left income
available for fixed charges of
*—
$52,590,692
providing for rent for leased roads and fixed interest
charges :o'f
aiai""$20,141,034 '.
the income available for other purposes was
—$32,458,658
The contingent interest accrued
during the year 1941, was $11,366,775
leaving net income of*/.
$21,091,883
„
-
.
—
From
available
net
income
————.
for
1941
of
$32,503,081, there was ap-»'
ptopriated under the provisions of the Baltimore and Ohio plan for
modification of interest charges and maturities, $5,690,337 for capital /
fund, $22,073,408 to provide for payment of all secured and unsecured
contingent interest accrued
to
Dec.
31,
1941,
and $3,554,502
for
sinking
fund, 'leaving a surplus of $1,184,834 for other corporate
All the contingent interest accrued to Dec. 31, 1941, is /
on
and after April 10, 1942.
i /■//''■:/ ■-■////■•/■■, //
expenditures increased over the year 1940 for maintenance of
purposes.
being
paid
The
way ahd structures, $3,378,940,
and for maintenance of equipment
$11,968,068, an increase of $15,347,008, to meet the needs of National
Defense
ahd keep the properties
in a safe and efficient operating
condition,
The
'
-
32.87 cents of each
Were
irt
■/
:
'
train load
average
in
1941
reached
tons, an increase of 41.86 tons over
dollar
1940,
earned,
the
high
and the
figure
of 984.02
transportation costs
with 34.65 cents
as compared
1940.
Notwithstanding the higher wage rates that were effective in 1941
Which, with the taxes thereon, increased charges to income by
$3,795,424, and the increased cost of supplies and materials, the ratio
and
operating expenses to total revenues
compared with 74,01% for 1940.
-
of
699,
the year
of
that
so
to
70.73%
;
as 1
acquired new equipment and made/
to existing equipment at a cost of $17,080,during the year equipment with book value
the net increase in equipment investment was
././/
the
on
reduced
1
company
retired
was
$1,065,351,
Based
the
was
betterments
ahd
There
$16,015,347.
1941
from
/.
■■
:
,
volume
advances
of
in
traffic, the estimated annual increase
rates and charges, is $10,500,000,
fares,
of
Ohio.—V.
payable
shares
of
upon
the
for
each
$1,000,
deposit)
only
after
deposit to the
153, p. 1123.
stock
issuable
principal
surrender
Huntington
to
amount
of
their
National
Bank
failing by $3,750,000 to meet the estimated annual increase in
and taxes thereon of $14,250,000, without giving consideration
increases in costs of fuel, material and other taxes.
Railway tax
accruals of $15,780,106
for 1941 absorbed approxi¬
wages
to
a
with
receive
&
for
thus
that
par Value,
Service
"/
at
each
than
1%
than
131.
p.
t
155,
- gold
bonds
of
Utilities
deposit issued in
respect of
such bonds,
who have not
exchanged them for common stock of
Associated
Public
Utilities
Corp. in- accordance with the Amended
Plan of Reorganization, dated
May 1
1937, of Utilities Public
Public
129,
at par
less
of
greater than in 1940. ' "// /./'
net railway operating income- after deductions for
equipment, and Joint facility rents, was $46,297,125,
over 1940 of 51.21%.
.£
//
During
ended
Public Utilities Corp.—10-Cent
Dividend—*
been .informed
compares
not
made
42.96%
additions
week
Electric
this corporation on
dividend of 10 cents per share on the
common
payable April 15 to holders of record
March 30.
12 V2
cents
per
share paid on June
14
1941none since.
A total of 22 Va cents was
paid during 1940.
The corporation issued the
following announcement:
March
Chicago, 111.,
redeemed
be
The, report shows that freight revenues for 1941 were the lafgefit /
since
1929
and
passenger
revenues
the largest
since
1931.
Total Z
operating revenues at $227,503,022 were 26.97% greater than in 1940./
In comparison, total operating expenses were only 21.36% greater than
in 1940, and net revenue from
railway operations at $66,584,604 was
bonds
repayment
the
1671,
p.
maturity.—V.
will
of
90,000
100,000
Life
Union Utilities,
Union Utilities.
Union
of
sale
completed
output
Payment
April 21.
$606,000
of
Utilities.
that
Life
.Atlantic Utility Service
24,
trustee,
bonds
ort
1942.
The
par_—
Mutual
subscriptions to preferred
Union
Utilities
Mutual
1,
After
sold
be
of 2VaVc
annual report
expressly made
of and with the
^
notes
the
June
maturity and a premium of V2
thereof, on all bonds redeemed less
Baltimore
by the Illinois Com¬
refinancing to take effect
Utilities, under which plan
to
to
of
as
their
to
or
'
sell:
outstanding 1st mtge. bonds dated June 1, 1929 have been
redemption
premium
a
to
of
Union
the
'
receive
$100,000 of preferred stock
proposed to be issued by Union after
the Completion of the
purchase
ffoitt Aelec.—V.
155, p. 1871.
CO.
1,108,313
105,485
income.—-
/
$331,734 :
61,772
48,370
/
251,513
155, p. 1008.
1939
>:
/
1
railway——
oper,
1940
$333,205
made
222,088
for
prior
approval
plan
to
purchase
the
the
proposed
Union
at
amount
bank
Holders-
v"
1941
$398,717
for
be
72,363
Chicago Title & Trust Co.,
plus
-
1,061,771 /
to
by. Union,
Utilities,
of
Connecticut
quires
Quarter;
.
Division
called
will
756,563
in revenues
kote-^edSral
Gross
on
called
3,367
_
par)
'
of 1942 have been estimated at rates approximately one-half the dif¬
ference between the present law and the recent recommendation of the
Treasury Department. Enactment of a.tax law along the lines of the
TfeasUry Department's recommendation would, of doprse, substantially /
reduce the net earnings set forth above.—V. 154, p. 693.
been
Payment
Called—
§,057
202,918
/
common
was
.
*
per share on
stock, payable June 15 to holders of record May 21.
the company paid quarterly dividends of 25
cents per
this issue, and, in addition, on Dec. 15, 1941, paid a special
of $1 per share.—V.
155, p. 1210.
-
■•--"All of
Books of Aelec
.
maturing monthly, at
(100 shs., $100 par) at
par
are
the
balance
April
$141,58 I
.$27,358.::'tiepreciatiori; interest and estimated income and excess profits ;
:
as
income.—
directors
pany
these securities, Aelec is to
adjustment for net earnings.
Union
preferred stock to
performed,
1941
/
years.
railway—
railway-*——*
oper.
dividend
on
period
•
four
common
share
wholly-owned
——
*
'
its
of
Utilities^ have already subscribed
JPaper^^orp.—Earnings1942
funds
verbatim
Carrying Value
/
stock
pref.
that
the
of
totaled/
output
the same
for
are
Previously,
declaration with respect to
a
its
bonds, due 1962 at 101—
subscribed
and
an increase of
Mountain
have
•'
railway-/,—
Atlantic
The
.
$100
sale
follows:
to
;
elected
re-elected
78,384
railway..
from
ry.
the
$563,663
Associated Gas & Electfic
v
; * After
of
instalment
promoters
38,313,000
Joseph E.
/ / '
been
Joseph T. Ryerson & Son, Inc., and of
int.
from
Net
stockholders.—
::
39,779,000
power
for
Three Months Ended March 31—•
•Profit
of
Refunding 1st mtge. 5% bonds of 1946__„
Repayment of open account indebtedness
power output of the electric subsidiaries of this company fof
month
of
March
totaled
316,719,374 kwh.,
as
compared with
for the corresponding, month of 1941,
all
that
to
sent
1
the
Union
notes
the
Cash
The
last year, an
all
-
shares,
obtaining
of
bonds
the
also
as
38,148,000
the
of
•"
,
subject to
transfer
would
advised
38,685,000
72,242,000
72,277,000
^M,665,062.kwh^
cash,
cumul.
the
18_;__
succeed
have
to
^The .$800,000 payment • to. Aelec will be
obtained by Union Utilities
by means of an interim bank loan In an.
11____
54,840,000
and
any
and
year
be
thereoh___/.l__//___„_
Commission
The
1938
Apr.
^
Co.
;„
(7,500
the
the
Co.,
for the last
energy
1940
show
each
meetings
.
Apr.
28-
in
mtge. 4%
6%
Inc.—Output-^-
Apr.
Apr,
accrued
Unsecured
,
//I
proposals
bonds; due .l946_»i.
stock
to
Union
of electric energy of the electric properties of this com¬
pany for-the week ending April 25, 1942, totaled 72,277,000 kwh,r an
Increase of 31.8%
over
the output of 54,839,800 kwh, for the corre¬
sponding week of 1941.
Comparative. table of weekly
five yeafs follows:
'
:
obligation
after
Output
1965,
and
//'-
from
♦Deficit.—V.
four
oppose
subsidiaries
company
annual
-i""
-
Consideration for
$800,000
and
:
-
5%
Interest
-v Common
merce
into
director to
a
Robbins
;.'
income.—
oper.
Net
all of which Itf4 held by A61ec
be sold under the
proposed plan, consisted, as of Deci 31,
cooperation
size
hosiery/, has -increased
steadily since the begihnihg of the year and within another month
the supply should be sufficient to size 1,000,000 pounds of rayon
per
irfortth, Edmund L. Lauber, of the sales development department stated
oft April 27.- The use of AvcOnit No. 1, it is Stated, increases manufac¬
turing efficiency throughout the entire rayon hosiery manufacturing
pfoCess and lowers manufacturing costs.-*-V. 155, p. 1402.
•
of
Utilities
^
*
subject
'
chemical
new
Union
to
-
1st ihtge.
registrar
'
.
of
parent
minutes
Securities
J American Viscose CoFp.--isr(j(luctioii 6f AVcoiiit N<). i
Production
of
Open account indebtedness
.Interest accrued thefeoii
1942,
Increased—
to
are
-
New
15,
1,
105
railway—
railway.——
from
Gross
Sept.
subsidiary, Union Gas & 'Electric Co.
• /
*
;
Union Utilities is, an Illinois corporation recently formed for the
purpose of acquiring the securities of Union. It is neither a
registered
holding company nor a subsidiary thereof.
The
for
corporation will
stockholder at the
Associated Electric Co. (Aelec) :has filed
1
York, vi40 Broadway, New York,,
and paying agent1 under
authorizing the issuance of $100,ODO.OOO 20-year 3% debentures due April 15, 1962. See V. 153, p. 1670.
N;
W.
directors
of
;
692.
p.
the sale
and
"
three
Net ry. :opef. income-.^/
From Jan. 1<—
were
H'lSili^o^theyioUowlhg://^",//:
SDd Faying Agent—-
Co.
the
reports
'
in
.
quarters will, of course^ depend upon earnings
will be contingent principaly on
the 1942 tax
which
the
Jan.
at
Augustinian
declare
to
tax
Atlanta & West Point RR.~ -EaTnings-
The outstanding securities of Union,
the final
of
March—
.
,
.
payments
-
<
elected
Richard
from
ry.
on
findings and opinion of the. SEC in approving the sale bv the
company of-the securities of Union Gas & Electric Co. to Union
Utilities-Co. states in part:; <
7"
The anioUhts' for the
Quarter;
the
and
155,
and
railway
from
preferred
/ The
it
put
were
Jan.
on
/•<*-'""i
[Trustee,
//The
75
wrote
h
reason,
of
year,
rdtfis."'"1
I
ri
for
These proposals
year.
since
from
Net
to
Associated Electric Co.—Sale of Union Gas & Elec. Co.
felt
were
•
over
the
$2,993 000
income
//;•//. /:;///
/ /
been
-outstanding Rocky
due
1942,
Net
each
to
V.
profit
Although
directors
this
arising from the proposed enactment of materi¬
ally higher tax rate6, and their possible effect on the company's income
entire
of
a
that
accounts
'
•
the uncertinty
Morgenthau
by
paid
dividend
a
B,
the
A,
Gross
$3,422 fof current motitli
March
dividend
a
the
on
accruals:
Dec.SI,
subsidiary,
of 75 cents per share j
payable in cash on June 1 to
holders of record May 9. This
compares With $lpet share oh Mareh'3,
last, 75 cents on Dec. 1. 1941, and $1.25 each quarter from Dec. 1,
1930, to and including Sept. 2, 1941. Extras of $1 per share were also
paid Ori March 2, 1931, and March 1;- 1932. •'///
<J '••/•///,/a v-r,-
the
Terms
Va.,
City,
on
Taylor
ry, oper. income—
From Jan. 1—
-$361,578-
'•
.These
American Tobacco Co.—Smaller Dividends Declared—
.
C.
bf
1,
Net
minority
annual meeting in Rich¬
on May 8, according to
the proxy statement.
proposals are that the annual meeting be held in New York
that the company issue detailed statements relative to
mond,
,
tEstimated.—V; 155, p. 1402.
include
Corjp.—Accumulated Dividetid
declared
last,
management
$5,298,421
1942
Federal
......
Management to Oppose Four Proposals—
The
March
$150,000
Atlanta Birmingham & Coast RR.
•EarningsMarch-"V.
1942
1941
1940
Gross from railway
$424,914
$381,478
$317,484
•Net
/
with
1st mtge. bonds,
redemption as of
out of treasury
at the office of the
company,
120 Broadway, New York City.
At Dec. 31, 1941, there were
outstanding $2,887,000 of these bonds.—
V. 155, p. 1594.
preferred
2,
of
♦Deficit.—V, 155, p. 1403.
accumulations
March
on
$1,489,210
month
cash
•
949,265
All
-
July
stock,'par $100, payable June 1 to holders of record
May 8.
The
regular quarterly dividend of $1.50 per share on the
6%
first pre¬
ferred stock, par $100, was also
declared payable on the same dates.
A distribution of $5.25
per share was paid on the second
1940..
$4,533,199
for
11.063
31, 1942, additional
required uhdef the Revenue Act of 1941.—V. 155, p. 1594.
account
//Charles R. Hook, President, reported all Armco plants are operating
100% on war products.
The scrap shortage, he stated, had the effect
of reducing output, to-some extent
during- the first quarter and is a
continuing problem.
,'
'
1
•
ZQuar. End. March 31—z '1942
' - 1941 * ;
1 1940
' lfl'39
profit —t$l,731,635
$3,599.241/$1,005,194
$793,479
Earns per common share / • •
$0.43
$1.08
$0.17 /// $0.10
/After depreciation, depletion, provision for Federal income taxes,
et.c. and in 1941 and 1942 after provision for excess profits tax.
for
Associated Dry
,
stock,
-....v
$2,017,768
:
tJl-
$84,095
amounts
The directors have declared
/*•
$4,001,838
$258,260
-
^Includes provisions
and
income
accruals
Net
Balance
3
$11,476,042
4,494 566
Cflll 189
Bonds Called—
series
-
$80,800
$94,220
preferred stocks—,.—
applicable to
tax
directors.
962,694
622
.
33,610,913
Cr73,923
Director—%'././/"
Myron
.' 3,967,994
904,692
91,000
$245,465
—
5,871,833
1,467,309
77,184
-
1942—3 Mos.—1941
1,492,726
Cr93,510
//
72,084
.
,
&
Income
43,414,329
12,525,887
C/T98.611
Otis, who has retired because of
failing health.
$10,251,705
327,366
$244,843
Panhandle
$67,217,647 $43,292,711
12,180,250
4,510,249/
credits.
Mr. Ryerson is Chairman
the Inland Steel Co.
$13,525,471
;
Net inc.
•
American Rolling Mill Co.—25-Cent
Dividend—Quar¬
terly Earnings—
(/\y
V
:
18,
57,510
—
i:
Net oper. Revenues,Other income (net)
1
common
;
——
...
'
317,467
68,482
11B taxes
$824,969
taxes
Prop,
//
view of
the
uncertainty with respect to -rates of Federal taxation
applicable to the current year."/;'/,.* '• •
•;// r;
/ /-//•.►*,,/
.From March 31, 1941,. to and
including March 31, 1942, the corpora¬
tion paid quarterly dividends of 15 cents
per share on the common
stock of ho par Vaiue.—V. 155, p. 1207.
,
rt
,
/I
,7
April 23 declared the usual quarterly dividend
the preferred stock, payable! June' 1 to holders
but
1
tFedera!
Other
the full year
14,751,545
//■Edward L. Ryerson has
■
$779,302
exnensPRv^
and
Operating
1942—12 Mos.—1941
,
ooeratinl
Ry.
Railway
for three months ended
March 31, 1942 include
$8,123 000
Federal income tax
compared with $700,000 Federal income tax in
1941.
Light Co.—Earnings—
...
the Jlrsfc Quarter' of 1942 dividends feteiVed from fdreign
subsidiaries amount to $179,802. No part of these dividends is included
in the foregoirig statement; but the amount thereof will be held as a
Net
F«,,eral Jncome tax compared
1941
and
on
'Arkansas Power
.During
expenses.
oper.
Railway
April 21 declared a dividend of 25 Cents per
share on the common
stock, par $1, and thef usual semi-annual divi¬
dend ..of $1.50 per share
on
the 6%
cumulative preferred stock, par
$50, both payable June 16 to holders of record
May 30.
In 1941, the
company paid common dividends as follows; Jfune 16,
20 cents; and Dec.
15, 50 Cents,.; Compare;—V. "154, p. 1189. // ///
,
excess
directors
ry.
Nil
.
Arkansas-Missouri Bower. Corp.—Dividends—
-
Fe
1942—Month—1941
$23,701,483 $15,094,263
revs—__
oper.
or
Net
$1.36;;
of
Ry.)
•$77,161
$129,280
cap,
/t.
/• Lo 6 S155," pT 1301
:
'.V\
<<?\-194l
:^uarterEhded March.314-':-;
way oper.
RaJW
accrualsdebits
*
$548,235
Statement
238.
p.
Ry.—Earnings—
Santa
Fe
151,
Period Ended March 31-Ra
Railway
/
&
Santa
Other
$2.50 per
Corp.
'
(Ineludihg Gulf, Colorado
/':
Corp.—V.
& Santa Fe
421,396
on
Subs.)—Earnings—,
Associated Gas & Electric
Atchison, Topeka
412,326
Net income
preferred- stock, ahd 50 cents a share on class A common
stpck,- payable May 1; 1942, to holders of record as of April 20, 1942,
it Was announced
by Grover M. Hermann, President.--V. 155, p. 396. v.
;
etc.L
Associated Utilities Corp.:—Dissolution
Plan—
1940
$816,228
3,202
$2,260,615
2,723
/$5,573,665
551,583
taxes)
v/
•
dividend of
semi-annual
a
income
unknown
Earn,
The
3,858
Prov. for Fed. inc. taxes
Fed, excess profits taxes
Res, for eonting... (incl.
$0.25
of March 31, 1942, were $19,438,992
1941.—V. 155, p. 593./
as
$5,569,807
(net)*-
mantlements,
$338,487
$0.25
1941
oper.*xi
earned
Total
of March 31,
as
mfg.
Selling and adm. expu/
Deprec., obsoles. & dis¬
138,979
'
.
$341,044
-
.The company's earnings assets
1941
1942 :
-
661,596
—J»-r
share..
on
1749
Co.—Earnings-
1942
—
Profit
1
$7,164,986
:
taxes—/.——**—;...
profits
3 Mos. Ended March 31-
.
1401.
Cable
,
>r
•
——*1—•'
Anaconda Wire &
;
Interest
American Investment Co. of Illinois—
•
155, p.
/,
the
mately
taxes
cents
24
were
of
every
$16,213,683.
dollar
./:
Statistics
-
.
Rev.
•
pass,
-
"
-
-
carried
—
of
net
operating
revenue,
and
total
j/,'//
for
Calendar
1941
6,450,524
Years
1940
4,162,557
1939
1938
3,828,051
4,049,282
748,210,150 575,345,025 540,507,840 504,573,240
Avge. miles per pass.
115.99
138.22
141.20
124.61
Avg. rate per pass, mile // 1.853C
// 1.8460
2.0080
2.0930
Rev.
passenger
Tons
rev.
frt.
Rev,
ton
m.
Average
Avg.
handled-
105,512,827
86,048,712
74,571,712
(000 omit.)
22,562,541
17,568,124
15,399,385
61,141,393
12,678,994
213.16
204.16
206.50
207.37
miles
rate
per
(mills)
Rey. tons per
miles
per
ton_
•
ton mile
*———
train mile
8.94
9.00
9.12
9.10
984.02
942.16
918.50
850.82
u
VV;:'
1
V'l
•
»,
•
.//
:
'^
.
,
V,
.
W \*tis 'tMf
,; ■ V";;1941
.
operated.,
miles
Avge.
XV
Dec. 31
Account Years Ended
Income
•?*:* v
1940
-
•
1939 '■ 1938
6,307
6,345
$
' •i
$ ,♦ •
,,■
*6,292.88
•
,v '»*;*
Ry. Oper. Revenues—
:
,
$'"•*'
»•"
Mafcfc 'ftps**
•*-* 1942^3 M>s^l94i V*
Operating revenues
$24,018,828 $18,368,429 $63,761,538 $50,178,907
Railway oper, expenses.
16,319,793 12,634,100 46,962,893 35,828,754
U -^'■
•1
Period End.
spent $7,000,000 in the first quarter for new construction
Account :iand;:expenditUrCs;;this'', y^ai, At:weuld*>apprdx;ima,te
to $35,000,000.
Progress of construction is con¬
trolled almost entirely by the priority system on all products required,
Mr. Grace stated, adding:
uu-.';* - '
•*,».
•_>. *»•,. •;<.*•/;
W^,oh :it«
own
$30,000,000
between
V-i'.v'.j/jft- hiy opinion it would be a* mistake if.* there, was any.-curtailment
201,782,937*458,106,838 140,455,928* 115,426,378 :Net rew. fr.( railrbper. : $7,699,035 « $5V734,329 $16,798,645 $14;350t15i
V-inf "the building: of : blast furnaces for pig 'iron because the material
-13,861,068
10,619,307, 10,856,060' 10,561,495
Railway' tax accruals;: < 2,066,578 »• 1,032,839 - *5,018,997'l s 3,016,Old
would
not
be
available..
Although the scrap situation has shown
OCO C/1R
on»7 ncA
coc acc
f At
1 ne
625,455
207,950
601,125
3,288,703
3,151,329
3,089,654
.3,415,317
Equipment rents, net—
363,645
some improvement, which is seasonal, it will be worse next winter and
415,438
360,698
135,490
1,690,993
1,711,921
1,315,894
Joint facility rents, net.'
133,046
Express
——1.
1,573,219
?
our
only hope is increased pig iron production.
Company has been
•V"...'
I
:
2,584,060
2,270,366
2,029,042
Other transport rev.;
2,933,727
working on a hand-to-mouth basis on scrap right along.
It's touch
$4,358,050 $10,793,495 $10,316,672
2,885,564 • 2,584,647
2.299,866
Net rail oper; income.
Miscell. revenues
3,936,753
$5,135,766
and go."
'■ r
418,228
1,707,786
1,441,300
Other income —...
711,068
Mr. Grace said
that on billings of $306,000,000 in the first quarter
Freigttt
-.
'•
Monday, May 4, 1942
*'
Bethlehem
Year to Date
for March and
Earnings
"i;
■"
& FINANCIAL CHRONICLE
THE COMMERCIAL
1750
,
Passenger ■)
a.
Mail
—
»
•
.
..
,
Total
i61,030,252 134,722,330
227,503,022 179,175,465
revs._
oper.
ry.
Railway oper. Expenses;—
of"way~&" strUc."
Maint.
5,986,684
,5.114,367
12,387
12,915
62,090,777
1,974,176
692,087.
1,574,393
—
General
27,903
invest.—Cr
for
52,957,967
1,491,128
5,636,871
—: 74,781,971
4,969,121
fixed
21,806
132,600,799 119,901,075 104,984,021 i
160,918.418
fr.
rev.
operating
to
exps.
15,780,106
2,692,030
11,645,695
10,767,991
2,644,440
3,084,547
•
accruals—
oth.
Total
Net
•
*•
•
<
V
•
leased
chgs._
profit
Net.
the
*
15,956,134
30,618,531
25,525,100
8,244,714
4,647,564
4,207,959
38,863,245
30,172,664
19,059,753
.21,953,413
20,421,656
32,184,283
,
16,909,832
7,111,821
4,261,395
5,549,497
(1,622,207
'
i
(13,124,530
1940
:
$
311,449,752
253,456,741
401,328,009
——
-i
310,764,825
i 269,472,089
companies operated as constituent
i
—1
Miscellaneous physical properties held for
transportation purposes
.'1——a.
Perpetual leaseh'ds—capital, (per contra)
parts of company
Inv.
in sub. & affil. cos.
'y.
■■•
Miscellaneous
Invest,
funds
in
37,763,500
10,557,231
10,449,224
3,805,881
3,891,492
3,554,557
314
224,975
178,210
-
;
sold—..
Deposits in lieu of mortgaged prop.
Investments
42,727,578
37,763,500
6,553,329
property..—
physk
sinking
in
10,463,200
42,724,691
4,003,902
:
misc.
other
in
Investment
"
companies:
other
Pledged.
$90,352,893
28,792
28,792
'.-
f
*
•
-
'
•
i
Miscellaneous
cash
Temporary
deposits
Special
Traffic
Net
and
.
receivable
bills
and
Loans
service
car
from
receiv.
bals.
•Other* current- assets
assets
Deferred
receivable
^
w _________
-
Unadjusted debits
s >
—
:
Net
,
declared
have
stock,
•Gross Income
,
from
ry.
Govt,
2,644,979
2,986,713
4,029,253
Net
ry.
—V,
C
1940
4
4
129,148
income.
241,738
•" 72,715
4 69,121
58,863,137
•
5,260,417
5,022,301
676,768,927
______
672,980,917
1,638,527
821,688
'821,853
893,960
361,096
401,217
637,125
174,959
217,452
railway..
income;
1403.
i
oper.
per
4
5,000
2,396.950
2,396,950
1,211,250
Bank &
Savings
stock
'Capital
650
100,000
99,350
Trust
6,700
3,200,000
—_
3,193,300
Net
3,193,300
2,000,000
2,000,000
Mortgage
bonds..
& Mahon
2,000,000
650
899,350
650.000
1,794,131
22,074,318
interest payable
Audited accounts and wages payable...
accounts
Interest
payable—
Unmatured
Unmatured
rents
Accrued
liability.
tax
Deferred
Premium
on
Accrued
Other
f':J
1,822.842
40,973
722,167
651,828
11,424,274
debt
118,081
320,990
deDreciation—equipxnent
108,716.466
102,020,374
3,472,078
accounts....
reserves——
15,013.758
the
7,751,008
4
23,062,543
apd loss balance—.:..
$1,786,848
of
the
contingent
interest
payable
1,
1941
3i, 1941 the following securities bear the
viz.;
Kentucky & Indiana Terminal RR. 1st mtge. sterling bonds, $7,041,777;
Terminal
Union Terminal Co.
bonds
series
Monongahela
Union Ry.
RR.
D,
1st
Co.
bonds,
1st mtge. bonds, series E,
$24,000,000
Ry.
mtge.
Co.
1st
and
1st
mtge.
$11,915,000;
Cincinnati
$11,829,000 and 1st mtge.
bonds "series
mtge. bonds series B,
P
$3,000,000;
$11,418,000;
Dayton
general mtge, bonds, $3,750,000, and solely guarantees Alton
Co. note
for
$1,124,892.
income
tPrcv. for
Net
the
estimated
of
■
•
•
week ended April 26,
>•-.•:■•/;,.
■•'
..;
interest. Ruling-^* ;
on
May 1, 1942, must carry
V. 155, p. 1403.
ft v"
},
v:y] \ 1V-*'
2
No.
coupon
u
~
subsequent
and
coupons.—
4
v
"
Brooklyn Edisoii Co.; Inc.—Earnings— ~
.
Period End. Mar. 31— 1942—Month—1941
Operating
1942—12 Mos.—1941
*
kwh. 456,162,712 430,061,024
elec.,
of
Sales
1,645,742,961
1,565,230,720
$15,194,561 $14,780,794
$55,432,410
$53,948,680
10,993,583
10,551,045
42,882,239
41,311,978
$4,200,978
16,663
$4,229,749
34,221
$12,550,171
165,109
$12,636,702
136,244
$4,263,970
$12,715,280
576,506
2,339,441
$3,641,789
$3,687,464
$10,375,839
$10,418,881
$669,300
$646,500
$2,975,900
$2,548,500
1,455,000
revenues.
931,250
4,713,750
3,337,893
»
deduc¬
rev.
taxes
&
Operating
income
Other
income
fret)
income
Gross
....
income
Net
$4,217,641
deduc.-...
inc.
Maint.
b) Federal
the
on
with
$1,327,500,000
on
31,
Dec.
1941,
and
1st Quar.
1942
$40,735,391
—
__—
.
per
the
4th Quar.
1941
1st Quar.
1941
$62,533,698t$26,558,128
1,456,313
1,482,992
1,516,441
8,948,390
11,320,964
7,335,659
..^———.^4 $30,330,688 $49,729,742t$17.706,028
24,190,000
common
share
39,270,000
$7,270,000
$10,459,742 $10,436,028
$1.51
$2.96
$2,95
corporation and its subsidiary companies before deducting
below.
-(Including amortization and also other than de¬
shown
expense.
Mr.
*
coupon
Note—No
first quarter of
required
amount
preciation on certain equipment provided for through
ing
»
preceding week. output'was 28,571.000 kwh., an increase!
over the corresponding week last year.—V. 155, p. 1595.
to
ing
Report—
based on income for the
depletion & depreciation.
income
Earnings
♦Of
4
■
May 1 to holders of record April 30.. This interest, amount¬
$6.70 per $100 of principal amount,, is payable on surrender
No. 1 to the State Street Trust Co., Boston, or the Chase :
National Bank, New York.
The Committee on Securities of the Boston Stock Exchange ruled /■■■■
that the bonds be quoted ex-interest of $67 per $1,000 bond on May
1
and that deliveries in settlement of contracts made on or after
paid
as
in
Net income for period...$6,140,688
items
with 26,677,000 kwh." for* the
compared
575,852
'
of
exps.
inc.
'
•
$12,772,946
2,354,065
•
tax
;
accruals
Provision for taxes based on income
but
endorse¬
taxes
$19,190,000,
laws
-
•Including:
•*■.''.:■■■
♦Total
:
Baltimore & Ohio RR. jointly with other companies,
Washington
807,343
Interest and other charges—
1,231,320,567
May
by those entitled thereto.
of Dec.
Note—As
'236,402
1403.
'•■'■'4.4
13,524,880
1,265,906,720
Total
for
Up*4.0%— i
Unpaid interest accrued to Dec. 31, 1940, and interest for the year ;
on
the V/u %
series A income mortgage bonds of 1970, became
1,389,605
*170,591
*200,896
during the fourth quarter of 1941 and 100.3% during the first quarter
1941.
Current steel production is approximately 100% of capacity.
3.355,721
ment
875,533
.
1,960,738
198,851
188,389
of
33,728,272
3,355,721
collected
'423,689
tax
Co.4-Output
1941
Total
compared
as
7,751,008
39,465,262
.
: '
provision has been made for Federal excess profits
indicate no such liability.-
"
tax
computations
$1.75 Dividend—
directors
The
.
capital
A
have
declared
a
dividend of $1.75 per share on
the :
stock, par $100, payable May 29 to holders of record May 8.
distribution was made on Feb, 28. last, as against $2 per
in preceding quarters.—V. 155, p. 1305.
similar
share
production
565,314
Apnropriated surplus not specifically invest.
not
381,325
3,000,810
1941.
(ingots and castings) average approximately 98.0%
of capacity during the first quarter of 1942 as compared with 103.0%
3,317,398
15,203,555
4,163,557
credits.
non-negotiable
unadjusted
♦Includes
236,567
$1,323,200,000 on March 31,
Steel
w
. >
connected
been
output of this company, as reported to the Edison 4
for the week ended April 25, 1942, was 27,731,000 !
system
increase of 4.0%.-
10.5%
President, states:
provision
200,000
129,736
350,668
has
the
For
1939
$517,463
*92,009
*115,620
effect at the end of the quarter, and an
additional $5,000,000 provided in anticipation of a substantial increase
in Federal taxes for the year 1942,
The estimated value of orders on hand Mar 31, 1942, was $1,326,-
1,650,629
933,591
•;Additions to pron. tfe^euah inc. & surplusPremium on sale of commqn stock—:
Profit
1940
434,521
railway
includes
of
v
.
corporation since its inception,
Institute,
as
tions
$696,853
55,793
32,335
4
1941
$1,175,139
2,853,965
oper. income..
V. 155, p.
The
basis
41,017
6,112,755
——„!
funded
:.Sinking fund
1942
G. Grace,
1942
net
an
a)
82,897
;_
reserve
Inter-conipany
ry.
E.
3,812,174
—
:_
liabilities
Insurance
of $1.75
quarterly dividends
Bethlehem Steel Corp.—First Quarter
3,177,741
82,088
liabilities——
current
•;
3,800,441
^
interest
Other
usual
130,037
♦Deficit.
8,261,632
1,892,018
*3,591,156
unpaids
accrued—...
accrued
matured
Dividends
11,636,452
...
unpaid——
matured
899,350
,
VVi-.v;,4:
1941;
12.909,832
650,000
Contingent
Miscellaneous
Net
4.076,008
stock
bonds.:
the
•Oper.
railway
from
about
,
income—
oper.
Net
650,000
service balance payable—__
900.000
Mortgage
and car
the
$1,079,150
railway—_
from
Gross
payable
.
Boston & Maine RR.—-Bond
From Jan. 1—
Railway Co.:
Capital
ry.
Dividend—
ordinarily
dividend
the
on
who
Shallberg,
kwh.,
Erie RR.—Earnings—
railway..
from
429,174
$141,126
in charge of advertising and fashion promotion, has
of the store.—V.: 154, p, 859.
:•'.C'I-,1■..%?/
V... ..:
-;* /
k \
of
Electric
230,645
203 Carondelet
trustee,
Co.,
I
4
from
Net
429,174
$506,536
stocks
.♦.**"V;S'«V*.v*-
•-.•
A.
The
414,236
the $7 cumulative preferred stock, ho par value, and
on the $5 cumulative convertible preferred stock, no
payable June 1 to holders of record May 23.—V. 155,
on
March—...
Gross
$570,300
.
.Boston Edison
share
99,350
Clearfield
Traffic
declared
also
Bessemer & Lake
&
4
■;
p.-1503.
830.258
-
1,211,250
Railway Co.:
$935,710
Borg-Warner Corp.—Promotion—;
•
of
value, both
396.
p.
53,559
$60,966
^ (
elected Vice-President
G.
44' 4;4'.;
directors
per
549,000
57,302
■*>
actively in the manage- :
and who has served as a
Vice-President, has been appointed Executive Vifce-President.—V. 155, ;
••
,
:4';^'
share
.
Pennoyer,
sara
been
New
The
549,000
4,538
common stock, par
made on this issue on
were
:/X.'X/:,4
the
256,295,348
$1,542,012
45,750
.
for Federal taxes.—V. 155, p. 1595.
taken
was
.
Berkshire Fine Spinning Associates, Inc.—50-Cent Div.
The directors recently declared a dividend of 50 cents per share on
common stock, payable May 1 to holders of record April 23.
Dis¬
tributions of 25 cents each were made on Feb. 2, last, and on Oct, 17,
1941. The previous payment was 40 cents per share paid on Sept. 24,
V
58,863,137
1,211,250
stock ::—
Western
capital
Allegh.
Mos.—1941*
$8,034,243
6,866,774
the
on
share
Orleans, La., will until 2 p.m., May 11, receive bids for the
sale to it of 2nd mtge. 3%
refunding bonds dated May 15. 1937,. to .
an
amount sufficient to exhaust $8,000 at prices not exceeding par •
and int.
*
.
1 '
.
<
,
$
256,295,348
,
2,401,950
__
:
.
$!.• Distributions of 25 cents per
Feb. 1, last, and on Aug. 1 and
Nov. 1, 1941,
:
444
' ..•;4;,4~r *■ 4.'
:4;4:"4■
•The company on May 1 paid the usual quarterly dividend of 68^
cents per share on the 5Va%
cumul. conv.;' pref. stock, par $50, to
holders of record April 27.
1
May
72,378
Louisiana
The
St.,
Co.
RR.
*
-
i*
.
$1,535,009 $1,167,469
5,390
7,003-
■
action
No
1—•
par
stock
Ave.
\
e
4
$9,1#6.383
Bonwit Teller, Inc.—Gmits Common
134,649
155, p.
$1.25
stock
Common
"Preferred
.
>416 —•
$111,254
•
$76,923
preferred
to
(Includes provisions
4 Bernhardt Realty Co., Inc., Monroe, La.- -Tenders—
Co.:
RR.
Home
•:
;
4
$283,452
136,302
railway
1937.
5,022,301
the payrolls and
on
* 1942—12
Balance
1939
$270,535
railway-
from
Michigan
&
Dayton
$
6,752
-
824,262,027 147,493,100
oblig. *
.1941
141,000
New Officer-
$299,205
Jan.
Net
aid
in
grants
1940
1941
1,136,863
60,000,000
construction—
ofc
IhT-bear.
>,
.
,
>
$1,172,859
45,750
:
applic.
Dividends
York-
334,944
from
Gross
(
-
6,461
income
Net
-Earnings-
1941
•$611,206-
railway-
oper.
From
—
4,866,751
50,197
210,452
—<■':*" 2.535,035.
■■X
$
256,302,100
stock
Preferred
•
,
1942
from
Gross
•
$129,134
4-—'
bonds
mtge.
& deductions
int.
Other
a
Beaumont Sour Lake & Western Ry.
Net
for Co.
;
stock
Common
•
$110,838
*$128,019
revenues..
oper.
Interest on
$25,
par
March—
Held by or
Liabilities-
-
,
693,47144 .591,508.4 7,661,374 :
deduc.
1,115
1,265,906,720 1,231,320,567
—
Total
Issued
v
"
1672.°\
$821,490 ---$702,346''
:
revenues
(Total oper. rev.
,
Total
<'223,000 now
4,1942—Month—1941
Period End. Mar. 31—
Operating
cents
25
&
capital
the
Net
3.544,894
7,548,940
5.031,453
11,464,903
8,277,176
2,055,508
i 652,148
*81,08628,777
3,595,468
1,875,837
—
—-
dividend of
quarterly
a
quarterly dividend of $1 per share
payable May 9 to holders of record
May 4,
This compares with $1.25 per share paid in preceding quar¬
ters, the last payment at this rate having been made on Feb. 11,
1942,—V. 143, p. 2666.,, *:
V.-/•*11
6,976,756
4,554,545
—...
dividends
and
Intexest
supplies—.:
receivable
and
Materials
*
,
(N. Y.)—Div. Reduced—
Corp.
declared
recently
directors
The
on
12.909,832
receivable.—.
agent^ & conduc'rs..
accounts
Miscellaneous
:
there are
that
added
Birmingham Electric Co.—Earnings— i
:
on
Bankers
8.806,661
:
bal.
1
$68,400,000
42.2 V
38.2
"4 $1,154 44 $97.3
,';' $48-'74 ?: $37.23
through yet."—V. 155, p.
not
are
we
pointed
figures,
Shippers Insurance- Co; of New
Dividend Rate Reduced—
;
22,074,318
1,375,600
508,522 v"
of secured conting. int.—
investments
for pay.
res.
'
>214,000
week^
per hour
weekly pay..
Grace
Mr.
the common stock, par $25, payable May 1 to holders
of record April 25.
Previously, the company paid quarterly dividends
of 50 cents per share, and, in addition, on Dec. 10,
1941, made an
extra payment of 50 cents.
' share
per
91,583,333
,
-
Cash
.
to
X&d&js. $133,800,000
Baldwin
reports.
consolidated
directors
91,567,653
6,774,840
3,571,543
7,290,478
-
3,421,542
-3,421,542
150,000
Cash
"
workers
of
Average
ment
$1,214,760
Bonds.6,746,048
Stocks
•>
it
of the stock of Midvale Co.
Bankers Commercial
Unpledged
V'i V.*."*
■
10,450,200
37,763,500
Bonds
8,123,553
•
8,032,984
Unpledged
$1,633,478
-$41,091,213
is
.
„—
Average
Up—
figures
previous
The
separately operated:
Pledged
-
Stocks—1.;
:
orders
of
value
expects
company
1942
Locomotive Works owns
It is understood that the Midvale
Co. does not plan to issue monthly reports of orders and sales. ;
Sales billed by the corporation
and its wholly owned subsidiaries
in
March
aggregated $11,468,907, including billings of cost under
cost-plus-a-fixed fee contracts, compared with $2,637,446 in March,
1941.
Sales billed for the
first quarter of 1942 were $33,222,132,
compared with $8,435,486 for the same period of 1941.
On March 31,
1942, unfilled orders of Baldwin Locomotive Works
and
wholly owned subsidiaries amounted to $243,942,305, compared
with $161,942,446 on Jan. 1, 1942, and
with $124,240,448 on March
31, 1941.—V. 155, p. 1403.
in
Subsid.
•.\>
This
Number
for March and subsequent months covering dollar
value of orders taken and sales billed will only include the figures
of
the Baldwin
Locomotive Works and wholly owned subsidiaries,
and not those of the Midvale Co., whose figures have been included
that
out
400,571,132
L
—
—
the
and
$1 per
V. 155,
Works—March Bookings
Locomotive
dollar
61.45%
1941
•,
Investments in:
Road
schedule
Employment and payroll figures were given by,Mr. Grace as follows:
~1st Quarter 1st Quarter
,
Payroll
pared with $22,646,879 for the like period of 1941.
Charles E. Brinley,
President, in announcing the
V
General Balance Sheet Dec. 81
Equipment
of
is not handling any orders under the "A" priority
similar to the experience of all other large steel
company
producers.
taken in March by this corporation
and its wholly owned subsidiaries, but excluding the Mldvale Co., was
$19,506,863, compared with $12,785,435 for March, 1941.
Bookings
for the first three months of 1942 amounted to $115,452,808 as com¬
trackage rights between Phila. and Jersey City.
■••%•%:.'■/'■•• %.:*■4
Assets-!-
"
ahead
—
'
21,091,883
tLoss.
the
and
par
396).—V. 155, p. 1210.
program
said
improve even more*5:'.'-•"£<>2
r:'-••'*.
t'AH of Bethlehem's current production is going, intp the war program,
•
on
larger, than they were a year ago. • ; ,
that"Bethlehem's naval' ship' construction
are
Grace
substantially
*;
Common Dividend—
15.
This is at the same rate as the dividend of
the old 10 cent par stock on Feb. 16, last (see
May
The
(13,124,530
9,751,008
7,098,940
.4,261,395
Int. Chgs.:
7,105,380
Secured. int. charges...
4,261,395
Unsecur. int. charges..
♦Excludes passenger
stock,
Baldwin.
<•
Contingent
Net
is
was
Average hours per
32,458,658
^—
present
'Mr.
declared a dividend of 50 cents per share on
five cents, payable May 25 to holders of
have
directors
common
record
p.
V;
V
'
;
1,896,503
20;287,480
46,297,125
8,306,748
at
in all of 1941.
of operations to below capacity for the
due to the shortage of scrap but
of manganese ore for making ferro-manganese
months
many
that the reserves
added
ratings..
14,886,515
14,851,794
54,603,873
income
Gross
.roads & other
•>
1,751,538
15,604,077
22,145,215
.
income..
oper.
ry.
digs.
oper.
Interest, rent for
'•
1,665,999
1,815,344
$3,446,979
tax
share paid
__-.__--.-l——'
.debit)
.
2,577,237
v
$4,010,827
t
The
Equip, rents (net debit)
Joint facil.
rents (net
7,837,342
$2,004,589
Autocar Go.—50-Cent
10,412,774
^
7,853,985
accruals- include Federal income taxes amounting to
$1,395^019* against a credit of $1,767 for first three months of 1941.—
V.„ 155, p. 1595. >
^ ,
♦Railway
77.93%
74.46%
74.01%
revenues —
Charges—
tax
■
70.73%
Other Oper.
Railway
29,738,309
46,574,666: 41,129,177
66,584,604
oper..
ry.
of oper.
$11,864,812
2,610,341
$3,042,419
—
$4,614,930
in
time
against 6.09%
that the drop
explained
He
first
$11,284,321
$5,670,714
.2,628,295
rate of 4.67%,
annual
•
——
...
!
;
for'
—
income
Net
-
Ratio
charges
Fixed charges
1,440,234
.
Net.
available
Income
4,444,050
to about 2%, compared with 3.6% the same
^Fitst:dugrter;;6alfhingi5 ;dh:ihVjeBtWeht/.W>$*-at' th^
profit amounted
♦v^quarfer pf.'last ^eap;
* ■r*'H6,*20>ii'I61fS48r-----636;469'-^473%651
28,817,489
40,223,128
Traffic
Transportation
Miscell. operations
Transp.
35,857,609
4,748,994
57,007,080
the net
$4,776,278 $12,501,281 $11,757,972
$5,846,834
Totgl income — —
'"MiSc;*deduc; ftoiir-imrr:i
12,231,721
52,191,195
5,158,867
equipment..
of
Maint.
15,172,308
21,148,023 "1^^769,083
charge to operat¬
1672,
^Restated for purpose of comparison.—V. 155, p.
Grace stated
that gross billings in
the first quarter of 1942 were
$306,000,000, a new record, against $185,000,000 in the first 1941
quarter. Gross billings for all 1941 were $961,000,000. The increase in
billings over a year ago is largely due to greater volume of shipbuild¬
ing and general ordnance work, as steel production a year ago was
about at capacity.
:■
4'T. '
Brown
annual
'The
(Maine)—Annual Report—Sales Set New
Co.
Record—
<
J.
,
-
,
,
.
l
report of this company, manufacturer of pulp, paper *
products, and its wholly *>wned Canadian subsidiary,
for the fiscal year ended Nov. 29,
1941, shows net
and other cellulose
Corp.,
Brown
profit
of
$1,484,353
the
for
Brown
Co.
after depreciation,
interest,
compared with a net loss of $250,578
Corp. (in Canadian dollars) was $1,556.928 after all charges, compared with a net profit of $921,827 in 1940, V
No dividends were received in 1941 by Brown Co. from Brown Corp. >
In his statement to stockholders, H. P. Carruth, Vice President, said,
4fAs at the close
of business Nov. 29, 1941, reorganization of Brown
Co.
was
completed in accordance with the plan approved by the
Federal Court of the Southern District of Maine. The financial state¬
ments
reflect this reorganization as well as the operations for the
income
in
and excess profits taxes,
1.940.
Net profit of Brown
year."
As
the
'
.
the higher rate of operation in
.
result of
1941,
maintenance
repairs were somewhat increased over 1940, Brown Co. reporting
$1,350,625 and Brown Corp. $670,866 in 1941, compared with $1,173608 for Brown Co. and $512,582 for Brown Corp. in
1940.
Expendi¬
tures for improvements and replacements in Brown Co.'s plants were
and
$752,627 and in Brown
Brown Co.'s
working
increase
during
the
Corp.'s plants $297,201,
capital
year
of
at Nov. 29, 1941, was $7 620 240
an
$5,950,851. Of this increase, $3 297 258
(Volume 155
Number 4069
THE COMMERCIAL & FINANCIAL
CHRONICLE
-resulted
'
from .current operations and the balance from the applicar
of, funds
advanced
by
the
RFC
and
other- transactions
in
tion
connection
plan,
.
with
mortgage
1,
this
until
bonds since Nov.
interest is not payable
in
1939.
Under; the Standby Agreement,
«
June .l*
1943,
therefore
and
current
is
v
not
,
.
-
tFederal
,
Other
Corp.'s
increases.'
"V ] •
_
Int.
"Brown Co.
in
has
taken
furthering the
its
in industry
part
effort and
war
assisted
has
various
the
agencies
both
become
T
direct
in
in
the
United
States
increasing degree
an
and
The
Canada.
engaged
the
in
sale
Company
of
$287,607
$330,135
.',v.;.448
1,400
$288,055
143,031
$331,535
$4,466,871
143,750
1,721,406
(net)
,.C'
income
on
Int.
of
mtge.
int.
&
bonds...
deductions
•
Co.
and
,
\
1,108
Net
:
the pulp
and paper industry under present conditions due to their large timberholdings on both sides of the International Line, together with
a
background of research;; ..which makes their specialized products
available in this critical time, and varied equipment facilities in- the
V plants
which
permit
flexibility in
products
to
meet
the
rapidly
\
1,328
16,948
4,725
.56,849
52,097
$2,837,463
ry.
t
,
88 935
80,688
63,757
1,100,737
896,539
'
351,756"
249 293
236,300
189,906
1
Ry.—Earnings—,
1942
1941
$971,149
$952,021
339.824
342,017
,
railway
railway—...
income—.
oper.
216,368
1949
1939
$780,731
$762,067
219,668
;
185,816
101.614
■
.
73,309
*41 886
2,769,223
2,557,260
2,359,839
2.076 255
899,793
817,283
646,974
172*479
Ne=*tDefici°tPerV 4l15°meJ~1405? 522'682
380-783
From
Net
1,255,237
;
V/.
,,
1939
$313,563"^
;
.
1
.
from
Gross
$3,921,715
1,255,237
1405.
p.
from
Net
.
$191,361
for period-.——.
155,
Net
4,280
$156,976
•'
Chicago Indianapolis & Louisville
v
income
.111,229
1,286,794
495,546
304,604
Gross
51,975
179
'178,234
from
March—
,
1
43,574
4,713
218,000
-
,
1940
$371,591
124,491
80,313
—V.
1,995,310
8.347
\
Divs. applic. to pref. stocks
;
Net
$5,904,344
.
railway
,
$4,445,857, $5,883,496
21,014
20,848
1941
$445,222
r
.
railway--,. 1,516,256
from
railway...—, 607,460
ry.oper.Jncome--;'' 215.161
Gross
1,125,000
chgd. to constrtion
(credit)
■
1,275,000
-1942
$518,850
ry. oper, income—
From Jan. 1—
364,990
105,000
:
railway..^
Net
1,488,757
110,000
(credit)
has
products
indirect ^significance to this 'effort.?> >> • •
•'•.4:
In- regard
to
the
future, Mr.-.; Carruth stated,
"Brown
Brown Corp. are in an
.exceptionally .favorable position in
or
1,689,549
1,710,591
from
1,:
-/
Gross from
6,010,813
92,375
172,086
Amort, of prem. on debt
government
7,099.957
245,004
appro.
revenues
income
Other
■
(.
March—
■
.
.
Net
539,979
182,622
oper.
Gross
■"
Carruth said,
activities of various kinds
•
.4
$1,239,575 $16,220,954 $14,873,056
411,249
i
taxes-
res.
Chicago & Illinois Midland Ry.—Earnings—
r. \
1942—12 Mos.—1941
..
1751
Net
Net
Other
' Referring to important developments during 1941, Mr.
,
income
$1,236,482
taxes
Prop, retire,
increase
Co.—Earnings-
1942—Month—1941
Operating revenues
Oper. exps., excl. direct
-' taxes
——
liabilities at Nov. 29,
1941.
J.
working capital at Nov-. 29, 1941, was $5,272,276,
during the year -of $2,354,531. "
Dollar sales
(exclusive of inter-company sales) of all Brown Co.
' and Brown
Corp. products in 1941 were $32,198,400, compared with
$24,957,570 in 1940. Pulp manufacturing operations were at capacity
throughout the year and other ^ products showed substantial sales
Brown
:
an
Period End. Mar; 31—
.,
reorganization.
By the terms- of the reorganization
totaling $1,264,930 has accrued on the new general
interest
included
Carolina Power & Light
Jan.
1—
■;
from
railway—.
railway.——.
from
J?
?
■
*26o'.721 V
225,120
1
land
Balance
tIncludes
month
changing requirements of the
498.
p.
hl'r
and
future."—V.
near
'•?/,, .»
tional to
155,
•;-p.
V,SV;
March—
1942,'
Gross from
Net
from
Net
ry.
railway
railway
income
oper.
Gross
>/.
ry.
income.-
oper.
>*1,890
>1939
$101,036
'3,753
*20,408
:>
$102,238
1$04.'
Net
from
*18,634
Net
ry.
296,306
Gross
7,002
Net
*33,055
Net
,.,,
.
(& Subs.)
Rev.
from
sold.
copper
Cost of same
.4.1
Operating gain
Other income
Total
Fed.
<
.1
tax
146,079
$774,936
'
<
railway
ry.
U
$541,117
177,120
,;In
258,551
80,000
194,663
28,000
1941.—V.
Gross
155,
:
y
517,203
' '
174,185
"
334,230
-
1,143,517
'
10,
,/
„
these
Bank
bonds
&
will
Trust
be
Co.,
paid
but
Gross
he
became
he
on
sole
has
trustee
given
May 1,
of
active
the
Central
consideration
Georgia
to
Ry.
Co.
reached
shortly—V.
155,
Net
the
Note—No
1404.
p.
$188,424
provision
made
for
$279,486
Federal
$141,334
$30,010
■;
profits
tax.—V.
outstanding
155,
3%,
due
int.
Payment
Antonio,
March—
Gross
1942*
.
railway
•
$183,074
; Net from
railway
92,312
Net ry. oper. income...;>•'
81,047
>;;> From Jan. 1— >
Gross
from
1940
1939
$120,108
$144,334
|
53,752 '
79,847
106,501
92,907
499,600
409,455
234,657
210,448
Net
debentures,
1942
oper. income...
155, p. 1404.
29,
National
1942,
Bank
230,550
310,168
316,736
321,429
The
stockholders
Colonial
Airlines,
agemcnt
to
the
•
The
stockholders
Donovan,
I
the
secure
voted
to
the
••••:
r-;;
railway.^
railway——
from
approval
John
Harding
J.
also
elected
Bergen
elected
was
and
Vice
a
Gross
,
steps
of
Civil
the
Aeronautics
articles of Incorporation
>>'.•
Henry
R.
Edward
8.
President
Powell,
Ridley
as
as
of
S.
taxes
Ridley.—V.V 154,
Co.> Ltd.—Interim Div.—
an interim dividend of 10 cents
per share
stocks, payable June 1 to holders of record
May 20. This compares with 15 cents paid on Dec. 1, last, and 10 cents
OA June 2, 1941.T-V. 155, .p. 539.
'
*
•
A
The
1940
882,897
693,819
71,409
on
80,964
-
Gross
from
railway....
$299,200 V $197,101
from railway
.v* 44,825 yy- 53,739
ry. oper. Income...
*45,829
*9,715
Net
Net
From
:
.i
1—
Canadian National
;Ry.^Eariiings—1
Revenues j-
Gross
155,
--
^3,527
Net
from
*14,168
*33,026
Net
*168,298
Net
ry.
—v.
$6,333,000
Gross
from
Net
from
Net
;
ry.
railway
$461,710
-
railway.j
•
$491,149
'''W;;
206,745
154,359
130,014
168,717
ry.
Net
$308,240
121,027
oper.
Net
100,734
—V.
ry.
oper.
p.
1940
Income
A
from
Net
from
Net
ry.
—V.
railway
1,375,807
,
railway......
income
oper.
;;
483,620
1,286,930 v
614,368
;
-
1,097,378
545,939
818,919
479,325
409,314
.
363,239
155, p. 1404.
.
24,477
*
,
March—•
.
809,340
663,936
613,349
-^341,166
176,237
,212,294
224,306
91,707
124,055
1940
-
$7,483,593
2,858,318
;
..12, ,402,129
8,073,311
income...
5,,835,994
1673.; ' .'V/V,.
,
Net
}n?. Canadian
Gross
Net
from
ry.
oper.
T942
-
1941-
h
■>;
-
$122,891
-I,
$107,504
'*20,813
income..:.
^•*I *52,499
*19,486
railway
railway
..
9,969
j
1940
;
1939
•
$89,694
*21,963
Gross
from
Net
from
Net
ry.
•
Tailway——
■
-•
*49,155
"/-■
■
Net
*43,276
.
v
*69,329
•Deficit.—V.
334,256'5,702
*66,188
income:.. '^*160,532
155, p. 1404.
ry.
—V.
300,012
5,672,157
5,095,659
2,436,383
1,898,198
r
;
Gross
earnings
Working expenses
"
;V
j
'
V
1942—3 Mos.—1941
1942—Month—1941
$20,746,457 $16,619,976 $57,644,844 $45,412,660
:
."--l6,960,522
13,373,90 1
47,660,83 3
Week
Ended
-----II?
April
$3,785,935
21—
$3;246,075
;
Traffic earnings
—v.
155,p.
1942
$4,776,000
from
Net
ry.
1941
$3,624,000
4,515,274
3,943,623
1,307,060
799,517
164,524
112,057
President, on April 23
been .extended the privilege
1941
Net
from
Net
ry.
Gross
$1,495,250
293,758
350,488
•
20,978
65,705
-
4,307,033
905,267
906,033
552,813
77,739
69,310
$13,223,498
income
38,194,259
1940
'
■
of its establishments now entitled to fly the
Bureau of Ordnance flag and the old style Navy "E" pennant.
Like¬
wise, the Board grants the right to all employees of the company
to wear the All-Navy "E" insignia as evidence of their accomplishment in production.—V. <155,- p." 1673.
Navy
"E" burgee at
Net
from
Net
ry.
$8,525,609
4,254,117
3,715,828
1,967,692
2,278,744
2,665,828
885,925
railway
oper.
29,340,118
9,273,058
6,087,751
25,895,196
23,455,628
6,148,660
4,117,878
2,896,019
798,252
12,580,187
income—
7,519,201
,<"'
.'
Merrel
be
P.
Callaway
effective
pointment of
a
on
of
which
at
prohibited
Is
by
bonds,
Called—
series
at
due
>
1967,
106'/2
and
trustee,
One
1941
1940
$1,778,482
have
int.-- Pay¬
Wall St..
1939
*
$1,531,477
1,032,568
752,283
539,845
$1,516,024
615,376
494,826
502,145
590,573
•
454,302
6,301,311
5,164,824
4,525,939
' 2,394,699
2,153,623
1,248,393
1,512,102
1,662,008
1,258,476
income—..'
1505..-
•
:
v
4,366,013
1,632,363
1,213,629
,
>>>
■
.
'
•
-
1942
.
1941
railway—V $981,982
railway—
549,097
income—
1940
$1,009,983
1939
$778,118
-
645,084
$606,255
441,311
299.603
j
i—
of
-
RR.—Earnings-
Jan.
A,
$7,000
451,580
570,344
of
1st
1,654,217
4(4%
259,719
..
2,361,442
1,784.467
1,376,032
-
1,439.095
Telephone
mtge.
360,442
2,740,565.
917,912
1,138,733
•'
<
Co.—Bonds
816,991
Called—
25-year
sinking fund bonds,
Jan. 1, 1961, have been called for redemption as of
through operation of the sinking fund, at 103 and
due
1942,
will be made at the Harris Trust & Savings
115 West Monroe St.,
Chicago,
Net
Net
ry.
-
ry.
1,451,540
Net
ry.
Prom
1940
1939
$495,301
$516,277
93,480
125,912
>■;
614,536
'
538,527
371,644
1942
'
;v>
211,725
'"
*50,993
.
1941 V
72,120
31,350
1940
$139,205
67,535
———
42,457
■
$104,206
"
50,203
34.395
*
421,520
:
income..*
400,724
186,387
206,602
89,520
railway
oper.
36,693
•
Ry.—Earnings—
railway
155, p. 1307.
39,622
1,342,637
320,559 ;
261,331
•
income...
from
*2,571
1,331,244
$148,557
railway.*;.—
1—
ry.
-
~
1,768,362
'
railway
Jan.
Net
95,556
'
2,117,437
155, p. 1597.
oper.
Net
—V.
r
1941
-
from
t
.
188,960
Colorado & Wyoming
March—
Gross from
-
.
income...
oper.
*Deficit.—V.
-
$624,686
184,015
railway
railway.*.*.—
from
Net
>'
•
from
Net
-
1—'
trus¬
268,427
income.:.
oper.
Bank,
3492.
p.
Ry.—Earnings—
1942
From Jan.
from
321,093
144,
$794,979
railway
railway
from
Net
-
111.—V.
Airways, Inc; above.
from
$8,134,961
-
has
resigned
May
successor
28,
as
as
individual
of Feb.
2,
trustee
under
the
1925, such resignation
1942, or on the date of any earlier
individual trustee.—V. 155, p. 1597.
'
o'clock
made
122,123
330,641
156,189
J
105,971
^
^
mortgage and deed of trust dated
to
3
be
,
oper.
i;
Gross
railway
Resignation—
any
1939
$10,576,684
'
L
>
4,232,083
1,743,205
4,851,627
1,466,071
railway.'
railway
from
should
railway»
p.
total
Gross
$1,415,705
1941
.
...
$2,362,576
Colorado & Southern
From Jan. 1—
Perry,
of
.coupons
before
or
Co.—&onds
from
Gross
1942
oper.
care
subsequent
Colonial Airlines, Inc.—New Name—
1939
610,014
from
sale
3 >/2
1942
See Canadian Colonial
225,499
.
5,786,726
■
mtge.
'
int. Payment
550,801
248,254
income
1st
railway—
2,910,199
Net from railway——.
" 1,599,162
Net ry.-oper. income.'—*
1,288,804
—V. 155, p. 1505., v.- :
July
1504.
p.
of
March—
1940
$1,716,700
687,380
railway
oper.
155,
ry.
->763.641
.675,222
$2,036,839
railway..__
in
3,745,830
1942
Marph—
announced that this company
of flying the Navy's highest
token of commendation,Hhe All-Navy "E" burgee.
:A letter from Rear Admiral H. A. Wiley^ Chairman, Navy Board
for Production Awards, stated that the company may fly the Allhas; just
67,935
Chicago Milwaukee St. Paul & Pacific RR.—Earnings
I
1672.,'
Carnegie-Illinois Steel Corp.—Receives Top Award—
L.
289,830
25,490
534,181
railway
from
Net
—V.
Gross
J.
$1,330,946
246,093
1,279,751
ry. oper. income.,
From Jan. 1—
$8,520,406
.
$1,279,696
547.640
327,635
•
36,892,254
$9,984,011
-
Gross
:
Net earnings
from
the
from
series
"
Net
Canadian Pacific Ry.—Earnings—
-Period End. Mar. 31—
*
: y
all
railway—J-—_
from
tee,
Gross from railway..__
Net
;
$1,664,107
4,939,261
income..
1405.
155,
A
1939
•
March—
t
•
oper.
155, p.
1940
it
interest).
tendered
Citizens Independent
Earnings
1941
and
Co.,
oper.
Net
Chicago Great Western Ry.—Earnings-
*87,445
*165,040
*
.
-
ry.
Gross
230,905
*38,616
*119,439
*(. ;..*79,388
;
railway
railway
from
be
may
$69,000
March---
812,260
159,380
from
Net
1942,
be
from
Net
Net
21,244,755
406,522
income..
Jan.- 1—
I:
$1,663,450
railway
oper.
-
325,331
railway
oper.
ry.
Gross
$63,996
■
Prom Jan. 1— ' ■■■.■:■/»
from
Net
,
From
v•; v'-:
'
from
Net
•
:!•
March—
V
Pacific Lines in Vermont—Earnings—
1942
.
30,
accrued
railway-*—
Net from
railway
Net ry. oper. Income—
Gross
1,869,393
1,035,138
;■
to
or rejection of tenders will be
mailed
Debentures accepted should be delivered
Guaranty Trust Co. promptly on
Time, May 13, 1942. Tenders
from
Net
$7,400,487
-
made
War
Clinchfield
22,687,315
5,031,243
railway...
June
1942.
for redemption as of June 1, 1942
made at the Irving Trust
will
From
24,808,068
"
from
to
of
Gross from
'
1939
2,128,233
be
Cincinnati New Orleans & Texas Pac.
Ry.—Earnings—•
Quincy RR.- -Earnings-^
$8,882,570
to
orders
total
—V.
33,,009,021
T
Gross
tenders
acceptance
9,
(excluding
debentures
Gross
;
.,
invited
with
of
March—
48,393
Chicago & Eastern Illinois RR.
295,658
200,334
„
.
1968,
Mar.
price
ment
From Jan. 1—
Gross
30,
Notices
been called
:•
■
83,415
1,,421,592..;; 1,831,577
.
has
The- directors have
78,304
194i
:
•;
declared a. dividend of 10 cents
per share on the
capital stock, par $10, payable May 15 to holders of
record May 5.
A similar distribution was made on
Feb. 13, last.—V. 155,
p. 499,
>
1939
v.
48,596
4,,716,906
•
o'clock
Cincinnati Gas & Electric
123,857
1942
■
railway
railway
155,
;
294,901
*353,446
;.:/ '
Chilton Co.—10-Cent Dividend—
-
$219,270
v
•
of
railroad
$215,409
railway.— $11,,534,281
from
*212,699
New York City.—V. 155, p. 48,'
1941
219,997-
railway
from
129,134
•
,
plan
a
v.-.;.;
From Jan. 1—
Gross
476,292
42,321
1597.
p.
and regulations
pertaining thereto as set forth in
States
Treasury Department publication dated
Washington,
30,
1942, "entitled "Documents Pertaining to Foreign Funds
Control," unless such debentures are accompanied
by a relative U. S.
Treasury Department license.—V^ 154, p. 1146.
'
926,579
"
716,606
336,598
155,
From Jan. 1—
income—
''
1,024,920
income.—
March
application
an
filing
concerning
$288,566
1504.
from
*67,446
3,727,927
United
30,893
.
„
railway
p.
from
Net
'1939
$356,533
•;
.
.
91,010
:
*89,319
4,037,586
executive
1,703,094
407,346
dividend of 25 cents per share on the
to holders of record May 11.
A like
and Feb. 25, this year. Compare V. 155,
railway.——354,431
oper.
155,
Gross
'
1940
167,374
income—
oper.
1
1941"
from
March—
$5,797,000
Maine—Earnings—
1942
.
2,208,719
138,900
Chicago Burlington
1941
v
^
Canadian Pacific Lines in
March—
,
railway..—
54,905
4,265,616
Eastern
No
7,593,393
a
.
158,737
5,282,842
payment
flat
a
Jersey are still, unsettled, and
its reorganization plan, which
1942
;
$337,738
railway—
from
*191,423
-
V
before
$1,313,521
124,973
v; 208,017
before
p.m.,
25
Jan. 24
on
ry. oper. Income
From Jan. 1— ..V
Net
•
May
Net
Gross
1942
New
for
;
from
*46,302
'
-----
-
time
in
,
336,730
1672.;
p.
1939
payable
paid
was
*74,883
Week Ended Apr, 21—'
—V.
stock,
412,132
.
8,841,135;
12
or
for
Charleston & Western Carolina
Ry.—EarningsGross
'
railway
,790,700
,
464,598
Net from railway...
i.
144,233
78,784
Net ry. oper. income—v > *109,477 > *101,519 >
'Deficit.—V. 155, p. ,1404.
y
;
additional
March—
$114,990
*13,240
from
Gross
*J
Jan.
$129,876
through
filing
due April 30.—V. 155, p. 1504.
amount
March—
'
1932
p. 360.
Canadian National Lines inNewEng land—Earnings—
r'
1942
1941
Vy; 1940
'
;;1939
t
for
common
,
'•
,
litigation
income—
1939
$1,310,293
.
1—.
oper.
June
688,277
206,295
extension
V
1940
282,938
railway..__
railway
attached.
1939
$2,695,270
that
1941
$1,490,803
of New York', 140 Broadway, New
York, N. Y.,
Noon, Eastern War Time, May 6, 1942, for purchase
the corporation of the sinking fund 5% income dollar
debentures
due
$2,898,914
Fake April 27 granted
said
1942
435,763
corporation
to
up
x
six-month
a
carrier
The directors have declared
class B
and
for
The
654,961
Guaranty Trust Co.
Chain Belt Co.—25-Cent Common Dividend—
i'
The directors have declared
the class
District Judge Guy L.
company
requested
was
Canadian Industrial Alcohol
on
the
reorganization.
-
1629^|^
P-
-
Federal
-•
out
5,775,963
3,378,201
Chilean Nitrate & Iodine Sales Corp.—Tenders—
Time for Plan Extended—:
and
directors,Lowell
Mr.
was
Board
to carry
vy
>v
Col. Edward J.
8,210,386
•Deficit.—V.
Earnings—
from
520,446
••
San
G&rgfe^inti -iPayni^iit
railway—.12,165,161.,• 9,778,038
Net from railway...—..
3,106,789
2,366,995
Net ry. oper. income—
1,076,453
533,306
■.
Inc.—Changes-Name, etc.
453,569
17,910,533
2,989,212
t;
18,473,943
3,313,233
$1,845,859
Jan.
ry.
lOOVa
$3,479,705
.
1,272,893
151,433
20,984,095
railway
railway—
from
1504.
1941
$6,430,353
1,096,547
v-/;''''
27,120,174
1
1939
$6,170,628
p. 1673.
oper.
Net
2%%
of
2,167,835
from
Net
above.—V. 147, p. 2677.
1942
$4,425,223
Net from
1,331,333
Net ry, oper. income—
575,845
.•V
From Jan. 1— V.
V . J':. z-:
change the company's name to
will be taken by the man-
^Immediate
necessary amendment of the
action of the stockholders.
the
S.
have
Inc.
ry.
From
2(4%, 2%%,
1946, inch, at
15,
Frost
May
3,007,650
from
Gross
~
"
i
of
2%,
Aug<
trustee, San Antonio, Tex.—V. 155, p.
March—
Gross
,
Canadian Colonial Airways,
:
to
the
at
.
•
as
Gulf)
1940
$7,579,641
2,263,789
1,449,363
income—5,649,407
oper.
from
Net
by
220,490
ry.
15,
made
Central RR. Co. of New Jersey-
424,304
247,666
Net
—V.
serial
be
See Central of Georgia Ry.
107,267
•
516,056
from
of
Aug.
will
redemption
Ry.—Earnings—
1941
*
March—
73,311
railway
railway......
Net
serially
for
Central RR. & Banking Co. of
1941
$168,603
from
called
$5,500,000
and
and
excess
:|4
Cambia & Indiana RR.—Earnipgs—
:•:«
has
company
1942
$9,614,065
railway..—
railway..—*_
155,
Gross
:
—
'
•
Chicago St. Paul Minneapolis & Omaha
Ry.—Earnings
Jan.
Central Power & Light Co.—Debentures Called—
The
Net profit
ry.
—V.
'/
v
Pacific
—
from
from
the
1404.
p.
&
income...
oper.
Net
20,811
be
railway..
railway
from
ry.
Gross
maturity of these
He stated that it is hoped that a solution will
1942.
18,124,001
4,922,463
From Jan. 1—
that
on
19,684,019
664 229
'
Chicago, Rock Island &
Vr::'1 >■
from
Net
that
*237,547
>
>2,038.010
1,473,502
2,394,681
*708,431 .^*1,121,119
-V.'
1596.
p.
(Includes
presentation
upon
trustee,
as
155,
March—
;
-J '
dealing with the principal is not yet determined.
letter addressed to the bondholders, - Mr. Callaway said
6,079,036
3,243,635
rrrrChicago Rock Island
97,871
1
>*423,654
22,218,452
28,275,665
Income...
$6,389,308
563,846
1,108,734
v
f 471,609
-
15,075
-
railway.^..
1
1939
,
$6,397,492
> 1,954,446
=
1,859,224
railway—:*..;
oper.
3,829,930
426,156
2,770,833
,:
income.^.:
*'/
'
1
1940
,
$7,937,493
1—
from
from
ry.
Net
T
railway_..:_>
Jan.
•Deficit.—V.
of
1942,
bonds
of
Hanover
Gross
1941
•,
railway.... $10,211,821
oper.
Net
68,677
3,987,675
: '
from
ry.
From
211,545
26,898'v;
672,892
"
Net
1942
•
<
from
Net
-
4,897,072
938,536
Net
:
\
>
1,412,241'
coupons
Central
a
since
27.92L
of
March—
current
1942, addi¬
31,
V < 19£0- .1939
$li369,374 $1,380,230
■
5,912,180
income.—
interest
the
method
$78,742
act
.'V
railway
railway—._
oper.
'
496,593 V
from
from
l9^
$1,806,580
663,184
income
oper.
1942
at
$81,962
Dr3,219
2,248
163,956
155,000
.
$538,868
7,058
-
184,540
(est.)
1,
$228,041
97,368
—
Income
&
1939
980,905
$781,993
——
>
$1,519,773
$625,332
...
.'1940
1,102,157
1,220
-
"
$1,877,093
$624,112
(net)
income
Depreciation
Depletion
$1,451,138
827,026
,
—
1941
the
for
Mar.
Callaway, trustee of this company, Is notifying the holders
$4,840,000 outstanding collateral trust 5% bonds of Central RR.
Banking Co. of Georgia, as extended to May 1, 1942, that the
May
of
1942
$68,328
revenue
Merrel P.
—Earnings—'
of
ended
Chicago & North Western
Ry.—Earnings—
.
Ry.—Earnings;
..
Interest Payment— "
V.-V
Calumet & Hecla Consolidated Copper Co.
taxes
months
194^
$2,189,629
-
.
From Jan. 1—
*27,067
12
required under the
railway....
):j
«•;1
3 Mos. End. Mar. 31—
,
Gross from
328,652
-
'47,639
28,162
Federal
the
$2,666,478.
-
25,047
263,778
*4,001
-
.
amounts
Marchrr
v-
--
railway—.. >. " 399,239
railway
78,426
*.Deficit.—V.; 155,'' p.
.
:
from
from
Net
■
for
Central of Georgia
1940
$92,319
> "v 8,272
;
*4,983
32,350
From Jan. 1—
Net
1941'
•
.
$172,189
»**' " 55,438
,
$181,144
the
$1,582,226
1673.
Burlington-Rock Island RR.—Earnings—
-
V
recent'past
provisions for
and
.
V/-W
..1.—Li---"
ap¬
Columbia Gas & Electric Corp.—Plans to
Buy $9,477,-
000 of Its Debentures—
Application has been filed with
mission by
this corporation, a
the Securities and Exchange Com¬
subsidiary of the United Corp., and by
•.
•
THE COMMERCIAL & FINANCIAL; CHRONICLE
1752
Columbia Corp.,
acquiring
in
^
The Commission ordered
Electric Cprp.
l674t
p<
'
'■■■
■
'
fiscal
I55i
hearing on May 7.r—V.
a
Sheet,
Balance
28, 1043
Feb.
L
,
U
.
v
.
'i
-
OU-OSH from railway---!:'
,
7
.
:
-
Net from railway---^
Assets—Oash, $494,380; due from faetors, .$381,6071 account? recelY- 7v
Columbus
&
Greenville
March-,
1942
Gross from
Net
ry.
railway-,railway—:
income
from
Net
Prom Jan,
Gross from
Net
•
$101,967
10,651
1—
railway—
305,145
42,404
26,663
;?V V
1406.
p.
54,598
v:
V'l':-4"
7
'railway--L^
765.42?
:t ?87,501' : !,
067,072
859,341
347,003
r>'s"W;s,rt
13,700,033
15,859,708
jf,794,332
13,089,280
'
expenses,
.
;
•
;
1,323,939
:
$4,lil,153
$4,162,700
$4,799,037
1,090,050
! < 824,163
taxes,
Commercial Discount Co,, Los Angeles—Offer to Ex¬
change Stock— ;
bper;;incornei^
Gross .from
,
•
debentures,
334,065
80,428
45,970
302,540
52,634
7,151
302,871
3,604
from railway
;
$8,594,393
.
$49,087; accrued Interest on 15-year convertible 5%^^ 1 _fv 7i«i
^
?***«*!■ -• -•••; n9i"'
$188,906; provision for Federal income and excess profits
:
■;
'■ ' * v
'
" : v
$563,396; miscellaneous accrued taxes, $54,876;. reserve, for 7t-;-n
„JA
.
W
t.r
«R
/
reorganization expenses, $8,156; 3% certificate of- indebtedness due , : , DCnW _&f- KlO ufande WCStefll. KK.—h,arningS—. ..
:S.
May 28, 1043 (secured by a first lien on ail property except the Ella - ;77; March^3' V'7:;-7^: -^7V'7;. 1942-v/'' 1941 '
1940 '/ * 7- 71939 <V
Cotton
Mill
(less $19,348
cash deposited - thereagainst),
$105,652; -Gross from railway.;^
$3,886,273
$2,205,485
$1,832,198
$1,782,919
15-year convertible 5% income debentures due Aug. 27, 1953 (secured
Net from railway-47—i
1,001,454
401,000. ' *
90,984
155,991
by a lien on the Lynchburg Cotton Mill, on the .Windsor Print Works,
; Net
ry. oper. income-U
.799,919 .170,502
*100,698■.■h-.-ii^87,511
on
copper rolls
and on the cash deposited with the trustee),- less 7 t From Jan, L-?;
'7 / ' L
;
' 1,1.
■
i '
$129,625 payment made on account of principal of debentures at/rateGross from railway_7-i- v 9,390,013
6,181,090
5,635,481 • 5,230,661
of $9.34 per $100 of principal, $1,258,225; reserve for contipgenpies,
! Rat .from■■■ wtlway^ViU'i 72,702,822
1,020,087 t i 769.973
-i 747,473
$75,000; capital stock (280,146.1 shares of 10-cent par value), $28,01.5;. , Ret ry. oper, ineome—,7
1,974,441 n.368,426 7: H0,825 V,, f 13,829
capital surplus at organization of company (as adjusted), $148,560; %=
."Deficit.tv-Y. 155. 'P.4406.',•<■■■ 7''
earned surplus, $163,192; total, $2,749,206.—V. 154, p. 861./
\
^■'V
and
.
Net ry. oper. income-,-
155,
1939
$134,658
43,764
32,453
1940
$123,285
35,986
3,151
$101,986
23,299
12,618
"9,303
oper.
1941
,
Net^^ ry.
Pr0^
able—miscellaneous,
$22,002; inventories, at the 'lower of, cost or
market, $765,996; special cash deposits, $1,345; fixed assets, $1,063,131;
Ry,—Earnings—
Vw!-
"-■'.riMt.
.
' 1
,
method-of^ihe,^cor-u•;/^^;.pe^awa^eJ:LRCkRwanna'^71We8te^U^i^R;^EarBihgS«-^:;,^!^>
fmr^wlli not be made ; until, the.end-,, of;;; the ^corporation's,
year.
bonds of Columbia Gas &
debenture
basis, as a permanent accounting-
Average. Cost"
another subsidiary to spend not more than $9,477,000
outstanding 5%
Moiiday^May 4; 1942
,
Jo holders of its series A 8% preferred
and series 3 ,7% preferred stocks a plan, for exchanging their shares
for
a
new
issue of debentures, authorized in the principal amount
of $1,000,000,
The exchange offer will expire on May U,
The new securities will be known as five-year sinking fund subordi¬
fcas.submitted
Cpmpany
,
:
nated
into
debentures, dated Jan. 1, 1942, and dne on Jan. 1, 1947, divided
6%
a
and
series
of
Holders
>
debentures.
of
Holders
5%
a
series
the
^ight to exchange 75%
6%
Denver &
Corporate Investors, Ltd,—Extra Dividend—
series.
preferred
A
The
stock
($10
offered the
amount of the
par)
are
of their holdings for an equal
...:w
'
B preferred stock ($10 par)
are
right to exchange 75% cf their hQldings
5%
debentures.—V. 146, p. 2686.
the
the
on
declared
have
directors
commop
stock,
25
May
share
per
holders
to
of
■
.
The
weekly kilowatt hour output of electric energy of subsidiaries
of this corporation adjusted to show general business conditions of
territory served for the week ended
April 23, 1942 amounted to
195,960,143 as compared with 188,799,060 for the corresponding week
in 1941 an increase of 7,161,083 or 3.79%.—V. 155, p; 1675.
•
V;''
sale
of
the
stock
common
of
its
lien
;
-
-T
determined
have
to
:
—
,
out
pay
of
net
6%
17,
equal
sum
a
bonds,
income
lVa%
to
each
upon
of
7
•
-
,
7-
1,. 1933,
Co., to purchase for retirement 2,345 shares
of class A common stock and 200,675 shares of its class B common
stock at $15.95 a share, the book value as of March 31.
The United
Gas Improvement Co.,
of which Commonwealth is a
Pay Smaller Dividend-
■
Pf $3 per share per annum, and to
be purchased for retirement.
-.'CC
v.
The offer to purchase such stock through tenders by stockholders
other than the U. G. I. Is to remain open from May 22 to June 8.—
V.' 155, p. 1597.
■
/■;CvC'VVV'
for the company filed a motion in U. S. District Court
April 27 for dismissal of the .suit filed April 6 by George E Wanderman of New York, holder of 50 shares of common
stock, for an order
requiring the company to change th® editorial, policy: Of the Saturday
Evening Post.—y. 155, p. I406i
:
"
7 ;
Connor Co.
(R.)
additional $1 per share to the
an
,
*
extent earned.
Michigan
Trust
Dismissal of Suit Asked—
•
(Wis.)—Tenders—
Co.,
trustee,
corporate
Grand
Rapids,
•
-
'
•
e-,7t 7
.
This
compares
with
Operating revenues —
"Operating revenue deductions—-.
...
-J
\
-
'
V.V.;-
'
■
Net operating revenues——,—^——
Other income, net-—
-v'..
^
-
-
$515,054
418,993
~
V
a-h.-iu.1
i-.
income
Gross
Income
\
V-', $934,047
-i'-
'
1
1
net
a
profit ;of
-v
$742,295
,
357,695
,
sales
The
total
is
■■
to
0f
taxes
expense
tax
Pr
sales
to
7
>
„
for
Balance
to
surplus
Balance Sheet, Dec.
V:
341,753
327,848
.$262,999
$56,752
;
-
.———U.,.—.,*
——
$384,600
31, 1941
.
,
Assets—Property, plant end equipment, $32,577,783; sinking fund
(bonds deducted contra), $363,055; miscellaneous special funds, $50,124;
•
(inch $117,165 cash), $662,040; deferred debits, $28,798;
current assets
total, $33,681,800.
.
fiscal
Liabilities—r5%
(par
preferred stock (par $100), $8,142,900; common stock
long-term debt, $7,089,000; current liabilities,
deferred credits, $4,651; reserves, $8,230,979; surplus, $435.-
$100),
$8,977,200;
$801,380;
690; total, $33,681,800,—V. 154, p. 10Q3.
*
Consolidated Edison
Co. of
New York, Inc.—40-Cent
Dividend—
<
,
directors
The
have
declared
of 40 cents per share on
holder? of record May 8.
A similar distribution has been made each quarter since and including Sept. 15, 1941, prior to which 50 cents per share was paid each
quarter.v ■'
CV V'v ■ VC Vv
..V,; •
■
\
the
stock,
common
payable
a
dividend
June
15
to
Wtekly Production Up 0.2 %«-
;
The company on April 28 announced
7
1941
of
the
corDoratlon
plants of its system fur the week ended April 20, amounted to 141,400,000 kwh., compared with 141,100,000 kwh. for the corresponding
week of 1941,
an
increase of 0.2%.—V.
155,
p.
1675.
account
of
77
and
fiiihfiidiaries
Its
its subsidiaries
.
iQ^Q-""
19J3—_—rn*-r-;-
Local Taxes
$96,452,044
l
2i'7qq'hm
.
1,799,851
^
thA
'' *
787,303
,
fJ5'5?a
$99,822,578
.....
Net
from
ipcome.i;
,1^-7
From Jan:;
■
7
'
•
,
v.. ■
,
1,243,903 ; 1,115.335
1,000,227
■771,956-v*' 661,355-f< 603,668
,
250,043 7;- 366,097
:
7 331,009
210,231
■
•
_
'.7'"
4
& Reynolds, IpiCd—Director of
7 DCVOC
1939
$325,466
'-157,839
,7>-y 08,072 (77 60,823
-7: 204,196
7,
,
654,768 7:
V. 155, p. 1400.
>
1940
$353,833 ~
1941
7 '
,
1,160,108
,
Gross from .railway--^
*' jNfet from l,ailway----T-"
Priority^' pd'lCS—
member-.Of. the
board of *is corporation, has been appointed to the newly Created
p0sit,on of Director of priority Bales of the company. , In his new
»ost
Smith Will be responsible for the formulation and execution Ot
, Jriorit distribution policy surrounding special bidding activity and
a„ pJiaJ}es of mae ^ priority Volume.-V, 155, p. 1590. \ .
Bmith,
salesmanager;a«d
trade
jr.,
-
7
;
^
7
Diamond Match Co.—37^-Cent Common Dividena—
.
,
.
^
,
.
The directors have declared a dividend of 37V* cents per share
tl>e, cOn|im0I1 stqck, payabig June 1 td holders of record May 12llke amount was paid pn March 2, last, and pn Sept. 2 and Dep.
^94^ as compared with 25. cents on Junp J, 1941, and 25 cents
I'lftl'nna
447^lU;^?7^.(i.;;,i,fU4,oo4
;
Company has- been asked by the U, S. Government to expand as
much jf not more than any other company in the industry,
it has
at all times complied with the requests of the Government for ad-
v'tmm
RR,—Earnings—;
1942
$363,371
' $445,597
i
193,177
279,018
:7
69,816 ; v 131,361
rftjlway-—--£
Net ry, oper,
4
J.587.J34
.
"iw
mw«
^
^
Gros's from railway—
!]!
f.
*" 7 7
,,
Total Taxes
7
$3,370,534
,
^
Unite f
M%s
; Net ry. oper, meome..,-
•
account, of the
follows^
Federal Taxes
.
—,_—_—____
7 March 1,
"
<
u
1941.^^-V.
'''
■
nirkorenn
T )
1,
on
155, p. 1509.
-
(Walker
on
A
*
1
'
Tnrrpa«?pri
Cn —DivirlpnH
'
production and has met its schedules in general.
No sub(WaiKer i.) iiiCKerson LO.—JJlViaena increasea
stantigj capital, expenditures have beep made fpr fixed assets in any '
The company en April 25 paid a semi-annual dividend of $1 per
of the new plants; they are being financed by the Governments though 'share on the1 common stqek.4 no par vqlue, to holders of record April 20.
ditional
7 ^7 This; compares wjth semi-annual, distributions of 75 cents per share
planned and put ip operation by Curtiss'-Wrtght personnel.-'^7:7
The
cash
shown
at
Dec. 31,; 1941, is after payment of*7 made on April 20; arid Qct, 20, lapt ypgr. '
'
" '
during the year of $2 per-share on the class A , «
,
\
,
stock and $1 per share on the common stock.
On that date there
T)nitiittiAii>tlrAi(icli
Tnvecimetti^
Tij
A cciirn * T)iu
were
outstanding 1,158,609 shares of class A^-stock-^ahd 7,432,026 7"- W0,nimQn-.DC0tflsn ,pveiSimeiltS, wa.—^CCUm. ,P1V.
shares of pommon stock.
•
'
;.
..7,
The directors have (declared a dividend of $1 per share PR account
The average
annual pay of ajl employees, excluding officers and?: of accumulations, on the 3%, cumulative redeemable preference stock,
salaried employees of the company, increased from $1,936.23 in 19407
par $50, payable June 1 to holders of record May 20.
Distributions
to
$2,512.64 in 1941.
Average weekly earnings, on the same basis,7 of 50 cents per share were made on this'issue on March 3, last, and
were
$37.12 Jn December of 1940 compared with $40.32 at the close
on Sept. 1 and Dec. 1, 1941-r-V. 155, p, 361.
.
.
of 1941.
77---s;^7.-^V'i^v? :
; "
•'■■/.
Comparative Consolidated Balance Sheet, Dee. 31
v
Dululll Miss&be $ Iron Range
balance
declared
.
,
0
'
'
Aocate__
Assets—
.*
••
1941
a
U. S.
March—
'
-v
j;.08i,704
A
'
Gross from
97,840,327Net from
54,828,675
Treasury notes, tax series
10,302,842
20,000,000
—
receivable
onw
o
—
Ry.—Earnings--^
.
'
4
An
Accounts
that production of the electric
3,J»o
, ,,,
,
year
^
dividends
-
.
.10,495
,
^
profits taxes.
the
y
a.
$604,752
f
r
17,378
JfOptou^RR^^E^niiBgS^
March—•
.
five veaM was as follows.
five years was as
1'■:7':,:/<7rNet income
; Reservations of net inceme.--»-»-.—
...
..
,
$25,718,000 after
reduLd Ddma^tlv oi
considerabIv
rati0
direct
durine the past
during the oast
-m.
25,133
Detroit & Toledo Shore Lille
excess
$15,747,000
'
$330,921
411,374
'--339,295""
deductions
•7
$2,818,331
2,487,410
$3,438,335
2,923,281
„
to
areatlv increased
•
n~,
nlj
Si ^*$15%
v^-ft
,
••••.-
•
Net profit for the calendai year 1941 amounted
provision of $91,535,000 for Federal income and
profit
1940
1941
1.484
A~l
J
rallw_
******
Calendar Years--
.
Net from railway^—1,
370,264;
540,116 : ?- 374,074 - • 226,875
Net ry. oper. income—196,738 v 246,328- • 258.322 ••
150,075
From Jap. !—•
; 7 ;
•
Gross from railway-—
2,395,710 ' 2,609,256 • 2,339,137
1,798,828
Net from railway-ir.,^":': 1,133,833:;:: 1,518,367
1,289,734691,810
1 Net ry. oper. income.605,079
952,482 - -904,746
614,569
trrV, 155; p. 1406. ;,
7
'• ;
-7
''7' 7:,;-'-7°; v-; ;7
1
'
* /?.■
•
Cyrtiss-Wrlght Cprp.—Annual Report—
Mich.,
Connecticut Railway & Lighting Co.-^-Earnings-^
5,589
;
,
.
,
^D^troU Toledo
£
Attorneys
April 23 offered to receive bids for the sale to it of 1st mtge.
bonds dated July 1, 1924 for account of the sinking fund to an
amount sufficient to exhaust $16,581.72.—V. 119, p. 329.
vVoC-CTC
559
4,411
*1,016
281 :
•
202,198
Deficit.r—V. 155, p. 1307.
•
.
directors
the
subsidiary, owning a majority of the outstanding shares of both issues
common
stock proposed for redemption,. proposes to sell to Com¬
only enough shares to equal the difference between the
number of shares tendered by other stockholders and the amount
The
•
'
monwealth
until
7
'v.
•
12,669.
^eJ^ FY., opgp, JncpmP-^i
payable on and after May 1, 1942,
presentation of said coupons, with proper ownership certificates,
at the office of the trustee, in Charleston, W. Va.-^V.
April 20, 1942 out of 1941 earnings, ;
•»
The prior pref. stqck is entitled to cumulative dividends al the rate
to
-
.
20,684
:
£?f
attached thereto numbered
principal amount of the bonds to
on
of
,
railway
on April 28 declared a dividend of 85 cents
per share
prior pref. stock, no par value, payable July 1 to holders of
record June 5.
Distributions of 75 cents per share were made on this 7
issue on April 1,
1942, and on Jan. 1, April 1, July 1, Oct. 1 and Dec. 24, 1941,
A contingent dividend of 10.186 cents was also paid
Water
•
•
From Jan.4^r - . 7
Gross from railway——
•
general
upon
219,080' ' 301,137 " 194,001
1
.71 ■>:■"
:
.
,
.Net ry- oper. income
as
coupon
the
i
■
.
from
Net
inconib
cash
'
'
_
Detroit & MacklHRC Ry.—Earnings—
7 7-n 7V7>March—
7:;. J '
1942;
> 1941 • - •- 1940
1939Gross from raiiway-_7- : v^ $73,460
-$49,151 ,7: j $50,083
$54,216
.
■
,
Which said coupons were attached,
on
St.
the
—
Curtis Publishing C0.-T0
$3,238,169,
subsidiary,
former
directors
The
and Exchange Com¬
proceeds,
j
I
defined in the corporation's trust agreement dated as of Nov.
to The Charleston National Bank,
as
Trustee, securing itp
,
Corporation filed April 24 with the Securities
mission a declaration proposing to use the net
County
^ 'iV^iioT0"16"''255,108
•
151? 'p. 1719.
Own
Commonwealth Utilities Corp.—Proposes to Buy
Stock—
the
"
Cumberland Gas Corp.—Interest Payment—
The
from
-
Dividend--
Coty, Inc.—To Pay Smaller
Commonwealth & Southern Corp.—Weekly Output—
Louis
,
'
'
-1930"
'
.
' Net'from
The directors on April 23 declared a dividend of 15 cents per share
; i
the common stock, par $1, payable May 15 to holders of record
May 5,. This compares with 25 cents pey share paid on May 3 and
;
*
Pep. 2, last year.—V. 155, p. 360'•
7: ;
;•
' 7. .: r.
recoyd May 15. This compares with one cent per share previously paid
each quarter,r-rrV. 102, p. 82?.
■"
-
1
<
1940'
Gross from railway—-,,
$178,340 \ $173,174
$132,306 ^,$161,001
railwayJ * ' 35,664 " * ■35,746 .~;:;'.7'"4,925 77';. 10,442
Net ry. oper. - income. 1. •;
59,611
58,938
29,394
' '25,521
From Jan. 1—...
Gross from railway
* .;
630,7917 -* ■ 560,641
681,561 ^ 505,888
.Ret trom railW&yc---7n :7 190,624
7 155,460
254,42? > 103,245
per
on
one-half cent
of
payable
value,
pay
no
dividend
a
cents
Extras of three cents each were paid on this issue on May
and Aug. 15, last'year.---V, 153, p. 239.
15
'1941 • V
Marcher*
dividend, of. 6Va
the
and
April 29.
offered
for an equal amount of the
v.;..V:':
Commoil, Ltd.—Smaller Dividend^.
The
extra
an
regular quarterly dividend of five cents per share .on
the class A stock, par $5, both payable May 15 to holders of record
.
series
the
declared
have
directors
share
•
Salt Lake Ry.—Earnings—
•
1942 ' '
-' $699,277
-
railway.-—
1941
r
Ret,ry. oper. income—.
From Jan. 1—
7
.
Advance payments to suppliers—_——
Inventories
*337,588,
: "
■
*797,588
:
7/$.s:'
1940.7 r'7 1939-
-v
$152,516
$122,361
*400,433
':
$99,365
*439,315
-
"565,940
*568,177
•
,
5,083,457;7 • 452,044 7'Gross1 from^railway:.!:;77: 990,9&2: ;
393,600 ' 386,905 - 7 275,9)30
114,879,909%48,070,230 7 Net from railway—I.
*1,470,65?v *1,376,144
*1,150,655
*1,328,865
Preparation costs for future production——_
14,129,488
.7,147,970 ?
Net ry. oper; income_*r:! *1,708,774 < *2,396,326^ *1,623,617
*1,689,498
Prepaid taxes, insurance, etc., expenses—
3,467,549
1,168,746
"Deficit—V. 155. P. 1308.
Patents and license rights^—,;r.
831,038
1,001,380
*
v: r '-V:::.:;
,
Plant properties
24,007,554 7 26,170,047 <'
- ~
^ : f
•
Airport facilities held for disposal-———
9,435,301 ~ 9,944,801 *
.
Dllluth Eolith Shore & Atlantic RyEarnings—-iMortgages and other lpng-ternv receivables from
' 7
March—
1942
1941 ,
• 1940-- ' - 1939r
sale of properties
899,014
.
803,501
Gross front railway--,- '
$288,933. •
$211,128 v $153,69?
$141,563
Miscellaneous investments J
!
7-—.■ 271,458
:
628,058 ,
Net from railway——-- "'.7
60,917 ^
36,360
/s
27,468 77 *25,904
-—
__
,
,
.
Consolidated Mining & Smelting Co, of Canada, Ltd.—
New Director-^
George
f
.
W.
-
Spinney, General Manager of
a director.—V. 154, p. 1376.
has been elected
/
total
of
the
Bank
of
Montreal,
.-'Y':.yryyy
V.
•»
the
City
155, p.
of New
York,
trustee,
11
Broad
St.,
New
York
City.—
1675.
t.
authorized payment of all interest
on
the
cor¬
poration's 5% income debentures accrued to May 15, 1942, amount¬
ing to $145.81 on each $906:60 unpaid principal amount of debentures
(the balance of each $1,600 originally issued, less $93.40 redeemed
on Sept. 4,
1941).
Such interest wih be paid on May 15, 1942, to
holders of record on May 5, 1942, on the books pf Manufacturers'
Trust Co., trustee, 55 Broad St., New York, N. Y.
No debentures
will be transferred between May 5 and May 15, 1942, 1 Holders who
hot
have
received their partial redemption should apply to Manu¬
Trust Co. for it and present their debentures for endorsepayment.
Holders wha have received the partial redemp¬
tion need not present their debentures in order to receive the interest.
Profit for the 26 weeks' period ended Feb. 28, 1942, after all charges
Including provision for unpaid income and excess profits taxes of
$430,000,000 was $221,935.
This reflects the use of the "Last-In,
First-Out" method of valuing inventory instead of the "Progressive
Average Cost" method heretofore employed, with the result that
the estimated reserve for taxes has been set up. in an amount of
facturers
<
r
.
ment
;
of
about $109,000 below the amount which would have been
^
,
....
M..
Consolidated Textile Co., Inc.'—Interest—Earning?, etc.
The directors have
——
r.
$750,000 of
15-year conv. 3V2% sinking fund debentures
due June 1, 1951 have beep called for redemption as of June 1, 1942
at 101% and int.
Payment will be made at The Chase National Bank
of
~
,
Consolidated Oil Corp.—Debentures Called—
A
———r—________
,
Total
-Virr
—
Net ry. oper, iRCome---'7';
30,693- 1 / 17,979 7?: 11,585^.7*42,189
v
Fpem Jap. 1^'
"
-7:>;-i:'
::7:•■"•':-Gross from railway—:r„ v; ' 836,123
568,615
452,1477 > 389,107
26,398,535
10,982,446 - Net from pailway-i—,.- .' 3
10;482,257
3,628,668
Net ry. oper. income-—
/110,295 . / 32,883
22,710 ? , f fl6,394
94,444,949-96,222,814 , v "Deficit.^—V; 155, p.1406. ;
^——:—
326,518,107 202,298,847
7-:'7 :v
Uabilitiesrr'■
7/. ,:'■-•?'■■
Accounts payable, trade creditors
Accrued wages; taxes, etc., expenses
Deposits on uncompleted sale? contracts-^—__v
Provision for Federal taxes-baaed- oil ihepme-^/ :
-r
'
-
-
95,970,933 ^ 28,381,004
fSSndiSL?"**" """""Vr
OthGl JiO-bilitiGS
Inc.—Weeitly Input—.,
7-HH53
1 ; Ebasoo Services,
,
.
:
•
704|347
%325|P07
,7
7
aq
1 QaO
fho
Qsiotom
nf
vii —.l
income
7 7,990,488
„„For the week, ended April 23, 1942, the System^ Inputs of ^client
Deposits expended for jnfg. facilities, etc._7i.:_
14,840,520; 14,680,202
operating companies ot Ebasco Services lnc.> , which are:subsidiaries
Reserve for service guaranty & uninsured losses
4,527,404 ; 1,802,357
.-of American Power & ;Light Cq., ^.Eiectrle Power Is LightCorp., and
Reserve for future engineering developm., etc., 7: 77V
'7?
NationalvPower & Light Po>, as compared with thc .corr.fspondlng week
post-war readjustments
—77 7,236,000 ;
7,^__ ' during 1041 were p fgllw:
^. ^^ f
77
Minority interest in capital stock and surplus 7
;
*. 7: ,
t
,
>
;
v .•^^ThousandsofRUowatt-xHpursi*-—
of subsidiary. company
625,254
7 472,987 - ■
yy,,,;
... .<•
^ ,^,1.
^
--u
,
Increase
Class A stock ($1 par)
1,158,699 1 1,158,693, i 1 Operating Subs d far ies.of^:^ c ,****„> J®4.1- . A^unt x
Ret.
Cornmou stock ($1 par),-^.^,-^,—7,432,026, ; ;7,431,979 7,
;
...
Capital surplus
V 19,843,060 -19,441,260 r Eleetrle Pqwer.fr.Light Corp.--„^,473
60,194 ,.8,270
, 13,5,
Earned surplus
, 32,319,30lC ,10,349,387
National Power & Light Co.--^^ ;r 101,020
87,039
13,107 r . 15.0
1
-
.
Deferred
.
_
,
,
,1
.
.
.
,.
.
.
.
...
.
American,Poweh^Wglvt^Co.^-. 143,303-
71,091,
2.6
—
v'7r
i
i
'^1.^
^
.U4.
«
320,510,108 302,298,047
Total
■--V,
155,
1676.
p,
,
j
■.:
j,.
;
7_C
'
7.:
;7-
7c::"7.777'
V7
7;.-:;:
do-not include the system inputs of any companies
both periods.—V. 450, p,1070.
V,j
;
v
y-y
' The above figures
nqt appearing in
h..
7^;
$3,97^173 $2,74^135 $2,0994l988 ^$1,9723867 .2|?:^1025 ?§8 ^l|o5 045 : ^'382'004
Gros«r<Soin
railway--.
Gross
rftiiway—10,160,927
necessary
-
^'434
888
had tb» old
profit would
.
method been used.
Under the old method, the net
havo been about $44,000 more (due to increased in¬
ventory valuation) or a total of about $266,000, but the reserve for
taxes would have been increased by the $109,000 above mentioned.
However, final decision as to whether the. "Lastrln, First-Out" inven¬
tory valuation basis shall be adopted in place of the "Progressive
.
,
,
-
Net
from
Net ry.
—V.
miftnooi
from railway--—.^
oper.
inoome^..
155, p. 1508.
3,325,096
2,002,173
niiQ
7,456.089
t ARfi
*' -R 41 ft COR ■"
b,4io,"^5
2,2%'m
•
1,674,281
'
"5R46B58
u,o4d,doo
-
Gross
'
from'railway ~r7
$mmu
noiiwou
.7,833,906:. -7,2Q0,747.
711 4oq
7 977 nofi
,9
|,701,812 " ' 1.669;287 '*1,178,436" 1,184,714
Net.income—* . ,
863
«S''
8^.005
•
1
0,065,270/
1 fi07 n^9
867'874-:
.^ 1,067,074,v
898 821
..
898,82L
.^,^V.155, p,;:1308.;;V; -V V'V ''V
■
•
4,330,650
1G7 qr7
«1
-
> '
fl002?2
800,232
/''".VV '
-;
Volume 155 "vNumber 4069 v
THE COMMERCIAL & FINANCIAL CHRONICLE
:
Duro-Test Corp.—New Director--
:u
1 >
/;
Gorham
-
; f
•
Manufacturing Co.—50-Cent Dividend—
C. Bennett,, President of .the
Bennett Box Co., has been ,The directors have declared a dividend of 50 cents per share on
the common stock, no par value,
director in place of Maurice N, Babbitt, resigned.—V. '155,
payable June 15 to holders of record
June 1.
A similar distribution was made on
"z/ZZ/y •' z'/z./v'
tf vv-r;';' '
.April 3, last, while dur¬
ing 1941 the company made the following payments: March 15 and
/June 16, 50 cents each; Sept. 15, $1; Oct. 15, 50 cents; and Nov. 15
Fairbanks Co. (& Subs.>—Earnings—
and Dec. 15, $1 each.—V.
155, p. 1012.
,'/•
/
,
,
';A
^Operating
:
•i -l Deprec.
Int.
r
-Z
profit
$231,862
9,414
h
;
>/'
notes./
of plaht & equip.
serial gold
on
j Est. Fed. income
1941
1942
' " $23,430
$8,645
10,163
$140,636
•>/
10,110
15,918
Crl~,163
115
1175,000
taxes_
~1~551
$35,000
/
>
Cr 126
Net
$48,611
—*/„_
ry.
Net
•
,
?
r :rlV
total
*.
June
\
I
at
1,
of
$250,000
1056,
have
of
been
>
105,149
from
-
>
Gross
41,671
128,217
r
$1,951,992
$1,595,426
694,902
407,416
364,268
175,757
648,449
,
.
300,100
;
*1940
,,Ry. oper.
Ry. oper,
V
1
*
from
Fall River Gas Works Co.—40-Cent Dividend—
The directors
-
stock,
common
.
*
amount
share
■■■
payable
quarter
1677.
p.
declared
dividend
a
May
distributed
was
each
/ V. 155,
have
1
cents per
record
2, last, as compared
Nov.
1939
1,
•>/<//;• 'Zz;
.
of
holders
to
Feb.
on
from
of 40
April 28.
A .like
with 45 cents per
incl.
and
to
the
share on
1,
Nov.
1941.—
March—
'-Gross from
Flinkote Co. (& Subs.)—Earnings—
Net
Period Ended—.
._/.
'./ Net sales—
■
Mar. 28,'42
ZZZ/
•After
..
i
.
5
Gross
t4R2,536
-
t2,243,247 ;*
129,638
•
taxes in
1942, but the extent of
the increase
be estimated
only
can
ry.
595,645
present.
~
Eirnings per
k
.
•Z:Z.
•
z//
March—
Gross
Net
•
.;■•>/
,•*/.•
-
/.. rents,
income
oper.
from
Net
Net
from
$450,606
inc.
Int.
on
$474,249
/
100,766
i
44,031
-
i-
86,515
2,032,107
712,654
507,177
'
V Depre.
1,322,816
-126,083
.-112,289
&
23,164'
Consol.
income
*
/**.——a—
V $549,611
share—*———————.
—
$0.69
—
per
common
all
charges,
">After
including
depletion
depreciation,
% taxes;;':'/>//,//•//>*■ />>////1 "/*" //Z'7'A//
/
divs.
and
declared
have
initial
an
dividend
12Mi
of
cents
share
the capital
stock had
on
*
This
30.
holders of
-
Peter
General
Corp.—Proposed
:
At
the
annual meeting
■
Amendments
the-stockholders
of
Motors
Employees
of
board
the
of
Contributory
held
April
on
year.
in amending
directors
Plan
Retirement
per
to
certain
cover
United
States
personnel
(no
abroad
was
for
<
the
excess
*
pensation
>
with
of
the
retirement
$10,000
1678.
;
Motors
or
;
,
more,
*
,
f
'
See General Theatres
was
•**w'"'
J
the -name .of, this
28
voted
;
to
1942
;
;•
.
;
est. Fed.
?:•••
/—V.
155, pp. 88,
1311.
.
'
1
.
f-
.
$284,568
-
Gross
"> >
from
1942
1
$377;641
net
r
^
/ Net ry. oper. Incom'e-wj^.^T'^"73,494
80,563
From Jan. 1—> v
i Gross
,
aV--*
1
'r >
.
.'v
J*
t
.
r
T
<
"
^
profits
$29,50b
•
■
of
From
f Gross
Jan.
from
!' Net
from
i Net
ry.
—Vv
'+
•
„
1—
.v.''
•>"'•■•■
155, p. 1407.
608,005
'
1
>
1,170,883
t > 310.531
/ 270,709
"
Tailwfty,—"686,342
income^/^
Great Northern
March—
; Gross
.•
'
ry.
oper.
From
;
Jan.
Gross
,
:
1942 s
>
railway—— $10, 097,440
railway.—_L_
- 3, 088,540
from
; <• -
,
from
Net
ry.
// > 47,448
>:-,v
,
«■;
" /
,
,
■
1941
.
subsidiaries
consolidated
_i_—
2,513,779
12,951,478
3,283,226
7,706,123
-
surplus. 1
surplus.——-—
—"
by
no
common.
/
par
value.
n?.
.
.
1942—Month—1941
revenues—
$1,172,100
direct '
'
t3,706 shares of
Other
taxes
1939
$6,176,357
Prop, retire,
-1,378.501
449,189
-76,140,379
5,189,654
136,451
1,657,383
64,609
2,615,149
787,461
99,003
1,267,775
1,556,597
$345,023
1,217
$3,844,228
25
res.
appro.
/
$268,957
$346,240
$3,850,526
$4,094,239
80,208
13,895
962,500
173,659
962,500
166,643
•,
108,333
oper/: revenues—* ;" $268,932
income
Gross
,
739,416
502,026
Int.
"
6,298
7, 478.573
-
3,182.732
$4,075,850
"
18,389
^
mtge.
int.
&
bonds— ;/
deductions
80,208 "
14,186
//;
2.011,888
3, 292,111
//'
income
■
-809,843
•
744,774
•464,090
32,471
v'
$40,280
$2.24
$0.42
...
/;
t
f
*
$213,121
$2.52
.?
i
•
/
s
Corp.---Bond Extension Proposed
80%
the
of
be
to
of
of
20%
of
the
at
$563,000 outstanding
conditioned
each
of
such
such
by
original
of
rate
the
bonds to May 1, 1947,
the reduction of the original
the payment at the time of
"upon
bond
6%
in
amount
per
152,
cash
the
and
pay¬
payable semi-annually
2397.
annum,
extension."—V.
p.
(&
/
$3,548,750
8,238,684
7,355,322
3,981,359
3,440,852
"^
••
16,706
14,512
5,088
4,478
$1,696,225
/
27,747
$1,697,303
/
30,832
$384,177
Z $103,420
ZZ 27,114
$1,723,972
$1,728,135
&
acct.
———————
—:
funded
Depreciation
Charges
1939
$4,370,624
.
—
on
1940-
$9,067,137
—
doubtful
A Total
Int.
1941
-
$9,951,615
sold
goods
income
Other
Subs.)—Earnings—
1942
corn's,
debt...
50,781
credits..in
or
-
.
/
39,997
.
-
•
Net
$174,563
' $252,137
applicable to pref. stocks for period
income
Dividends
-
91.697
371,180 / Z 314.515
.
'
>
respect of cash adv's
/ & invest, in Dalton
hOre Co. — Prov.
for
Amort,
Est.
of
inc.
/
1 ' '•
/
income
v* $342,642
Federal
$444,762//y $774,855
t$108,322 / t$350,678
Business
——
taxes
and
>V
■
—
tLoss.—Vs 154; p. 1264.
Machines
1940
1942
Corp.
and
1941
>
(&
Subs.)—
foreign
$237,374
net
in
profits
1939,
of
1939
but
$769,680
before
in
;.-f •
after providing for estimated
1942
and
1941,
for
providing
Y
taxes.:
(including $1,507,100 in
1940
.
$4,140,123 Z$3,075,504' $2,807,817
$5,755,497
—
blocked
Canadian
income
Net
»
75,000 " Z 75,000
*_;
* ■
/__—*
r
—
in
»
75,000
;
deducting
and
■
" )
•
.
284,000
3 Mos. End. Mar. 31—
•Net
//
"
.
75,000
•Includes provision made excess profits tax.
Earnings—
/
.
//
/./."'
Z.
-
/./,,•6,000
*
/
International
/
>
"
..
*592,000
tax
// Net profit
'
,
'•*•<"
.
,
investment;,
Fed.
norm.
'
.
(
*-
•
;
U. S. Federal and Canadian
$460,000
in
1941
U.
S.
excess
tax) for the three months of 1942 and 1941 was $2,806,897
respectively, equivalent to $2.83 per share on 990,116
outstanding in 1942 and $2.55 per share on 943,087 shares out-
$2,409,123
shares
comparing with a revi-^d net income for the first
of 1940 of $2,200,504, equal to $2.45 per share on 898,178
1941,
three months
shares.—V.
155,
p.
1600.
:/,
/
•'
,>.' /■
315,078
$2,965,096
r
,
315,078
The
directors
account
of
on
April 23 declared
accumulations
on
the
5%
a
dividend
:
of
cumulative
$100, payable May 15 to holders of record May 5.
Balance
tlncludes
$2,714,367
—
provisions
for
Federal taxes of
$2,399,289
$102,811
for
$2,650,018
the
current
,
$130,534
86,316
528,154 /
.
i
$424,174
66,127
555,429
s*
•
International Rys. of Central America—Pref. Dividend
15,354,850
railway../.ih
on
Other
127,363
16,818.915
1511.
.
'
816,122
"
977,173
of
amount
for
/—•After
;
48,793
$72,751
bonds,
interest
of
profits
$5,603,075
1,628,618
18,855,915
155, p.
of
Cost
1942—12 Mos.—1941
$1,094,275 $14,654,992 $13,295,606
68,381
52,552
$295,047
recently notified holders of its prior lien
6c!o
dated May 1, 1932, that it would be impossible /
on May 1, 1942, the maturity date.
therefore, have been requested to assent to a plan for an
fund
Profit
z
279,446
*
89,312
$388,151
...
■
-V-./y-'./v*;' Interlake Iron Corp.
r
447,008
i——
$147,511
25,967
At
W
t
"
—
$377,639
30,041
$240,404
$80,214,387 $66,906,540
1,355,668 shares of
1940
893,668
corporation
/State income taxes
y
per
$1,041,179
excess
receivable
.
5,043,609
^5,336;927>-4,007,128
4,112,456
4,112,456
14,595,382
13,130,343
———/ 1,577,475
1,577,474
16,383,788
—
1941
'
operations
'
I expenses
——
//81.939
estimated
;
-
cents
1,256,492
30,364
Limestone
extension
Prov.
131,232
28,739
131,232
credits
taxes,
Period End. Mar. 31—,
Net
1, 224,503
income.//
'
"9,619,400
3,595,539
y
25
$1,634,131
,y
$507,823
expenses
3 Mos. End. Mar. 31—
5,000,000
5,000,000
advances, unexpended
payable—....__
1942
——...
Gross sales, less
discounts, etc.
352,969
1./—-1—I—9,619,400
dividend
of
Wholly Owned Subsidiaries)
—
gen'l
from
extension
ment
$80,214,387 $66,906,540
i
dividend
1,963,401
...
during the period
$16,945,850 $16,945,850
advances
taxes
151,739
27, 901,650
oper.
the
38,807
7,600,073
4,508,389
11,299,372
—
(Incl.
—
Liabilities—
stock
yA,.>f.
//
■
a
31—
400.
p.
principal
88,698
///i—&
6,013,853
474,082
I tFederal income taxes.
"
Account
March
share—
per
Holders,
such
-
127,350
'
Income
Ended
income
155,
extension
/
7,706,123
__—_/
86,943
1,481,583 / 1,314>510
"" 487,933"
360,527
271,872
192,037
11,926
The
'
—
145,542
70,000
Indiana
6,099,373
97,402
147,327
15,952,160
/
$464,564
148,261
stock,
margin
Earnings
22,191,586
;
—/
1939
$475,345
Dividend—Earnings—
declared
23
?/:
/1940
*
676,142
April
on
> '/■
^y/zyA/^vi/v;/
7,748
—V.
$20,781,915
104,707
147,327
_■_'.——
supplies
Oper. exps./excl.
-145,114
income.—
0Deficit.—-V.
2,874,276
///,V'////:-:/
profits taxes and .contingencies—140,000
1941
$20,546,948
—1—/
Operating
864,492
$7,051,239
>
5,128,040
>/"z;;>yz'/Z;y:/Z///:
capital
profit
standing
3,258.883
5,996,211
3,625,004
/■to pay the principal of these bonds
-
'
22,920,507
117,525/";/" 80,013 "
402,190
charges (net),.
Prov. for Federal income and
amounted
Sheet, March 31"
/.
"
54,850
1
1940
-
1,033,923
M
1,521,218
536,936
305,460
Income
,
rates,
..
916,631
142,860
119,742
:
1,260,685'
25,021,880
$2,471,229
Net
(includ¬
higher
1408.
/
">
1^30,623
(incl. conting. compensation res.)
Note—Consolidated balance sheet includes subsidiaries in Canada and
'
59,736
.
.
for
Houston Lighting & Power Co.—^Earnings—
$314,117
>
1,790,466
$543,113
202,037
150,064
-
.
Selling expenses
Administration
and
$0.73
England (Holland included in 1941).—V. 155, p. 1311.
1939
-
1939
$7,890,920
2,020,099
i941
,
239,638
railway.—— ;,*
income
Months
sinking
•preferred and 38,958 shares of
T
1— >,.
railway-./.
from
Net
//
Ry.—Earnings—
;from
Net
Net
\
-
foreign
J
securities
•Represented
'
1940
$322,260
54,464
V
1940
$8,344,467
Co.—Earnings-^-*
1942
$644,785
-
railway——
the
Gross
(excluding
provision
U
Total
■Other
V
Holland,
and
I
-Reserves
/
$397,236
.*
v>
/;■/>■: :' '/:v/ ; '
;•/ "
"
1941
•:
>
1,316.710
-J
U. S. Govt, contract
•
railway_£ri '- 1,823,505
oper.
/ /
'
1,316,710
/ > $1.22
72,466
Vc:
'
.
Only
.
/ Cost of goods sold....
:/
.>«: /
Z
Consolidated
131,232
526,584
r'" 3^042
tTreasury .stock (cost). Dr
;..V
' -
Company
1942
•
directors
Six
'
Earned
1941
$538,460
$25,225
v
•
"•••'•;:/>' '-y-* 1942C4>: r 1941
Gross:from railway—r.'
$658,371
r $420,701
Net">from railway^uiiJ ' f ^ 254,488 " 1 ; 114,679
Net'ry,/oper.-income-il" ,* ^ 232,425
99,520
March—
$400,000
property.—
and
Preferred
April 21
-
of
Saletj
$17,756 ($2,790 in 1939) and Federal
taxes of $452,816 ($236,566 in 1939).
158,784
1942
Earnings
.:
oper.
on
Net
tax),
$396.
666,418
V
Jan. 1 to
I
V-.-,;.vl941
Georgia RR.—Earnings
'
England
Goodwill
Total
"?
Operating revenue——.
—v.* 155. p.
i$78.v.//;.:
v
-
>8,711.
698,703
■-152,703
> 68,663
'
-Week Ended April 21—
>1042
*
from
deductions of
charges
.
period—4 f
/
,
$0.93
products
Capital
railway——'" - l,063,600 /1,098,435
railway——7.345,323 r: "423,184
oper. income— :*< ,101,752» 217,12$
$3,105,936
ry.
$210,574.
profit
Finished
Federal
42,212
24,361
,
from
UNet-ry.
.
1,316,710
treasury tax notes..
Deferred
$214,985
>
56,124
^
/" Net from
-?
••
receivable..." 8,560,891 '
Preferred
1939
„
$4,135,317
From Jan. 1—
after
,
•Common stock
:
-
$242,845
;.144,205
->
y-
4,281,574
/ Contract
1940
•.160,909
•
790,026
/ Accounts payable and accrued accounts.^.....--
1941
railway—; $410,534
railway-— >
j. :
790,026
/
131,232
$0.81
Marketable securities
f
%
4 Net from
131,232
1,316,710
—
•
March—
$1,655,314
$7,208,375
payable May 25 to holders of record May
/11.
This compares with 50 cents per share paid on Dec. 22, la6t.
/The previous payment, also 50 cents, was made on
Aug. 31, 1937.-
ordinary
Deferred
'
0/ Georgia & Florida Ry.—Earnings—
4,102,439
$1,729,579
from
share
$1,087,322
''■*>-o."'■/
Material
•
$256,886
^
_
4,028,123
The
1939
-
$1,742,573
131,232
U. S. Government cash deposits, unexpended—_/
/;
net'profits after depreciation and
inc.'.& excess profits taxes——
$8,163,440
Net
1,326,597
11239,274
1941
i Consolidated
,
<"1940
period./$1,201,810/$1,360,426
Assess
U. S.
Subsidiaries, excl. Cinema Building Corp.
.
11,740,,
1,367,053
—v. 155, p.
$8,788,593
capital stock
and
Accounts
company
3 Mos. Ended Mar. 31—
198,845
$3,022,367
Illinois Zinc Co.—25-Cent
11470,572
other
Government
April
$7,021,270
/.
:
9,794
1,353,459
Net
and
'
Earnings of Corporation and
r
-
*1941
'
Corp.—Changes Name—
on
3,399
■
roads
825.
Cash
to General Precision Equipment
»Corp. in .recognition of the gradual change in the character of the
.- .business
which is; now devoted principally to the manufacture of
precision equipment for various iindustries and war purposes."/;; "/
change
p.
.
$3.39
;
laws
2,213,145
/ Qther assets
meeting
194,497
i
chgs.
lsd.
fixed
Gross from
$1,488,524
tax
$12,133,684
excess
$9,982.
/ Plants and
;
annual
their
at
155,
:
*1942
Consolidated Balance
| Quarterly Earnings—
stockholders
present
3,379,262
sources
Note—The
to
*
The
$1.33
of
§2,018.836
/ Investment securities
•
.
basis
7,102,029
sale,
$760,070
income
I
■
Equipment Corp. below.
General Theatres Equipment
>
Cr48,999
•■
charges—$3,083,038
March—
1942).
lilncludes
com-
General Preclsloi) Equipment Corp.—^New Name—-
4
>•
r/ $644,687
$248,112
the
subsidiaries in Canada,
all
and
'
•
$31.69
$5,900,219
and other deductions of
Corp.
other
and
annum
per
;
on
SIncludes capital stock of $36,600, income taxes of $1,581,840
ing
any
salary-was
155, p.
income
-
$646,155
/ 1,016,961
$27,271,477 $15,798,855
est..
and other deductions,
•
ap-
annual salary for the last five years
time during his participation in the
if at
his
disapproved.—V.
General
the
reimburse
combined
average
Motors,
Plan
Retirement
:
his
his
over
General
shall
; >
/Net from railway.——
.' Net
ry. oper. income.// '
deducting all expenses incident to manufac¬
and extraordinary repairs, maintenance of
plants, accidents, depreciation, etc.
tlncludes capital stock tax of $78,125; income taxes (including excess
profits tax $3,472,089) $4,621,520; provision for higher rates, $990,000;
turing
.
•; /»/•,.: •• /-->-/ ;*:/
",-v
J /Z/'-zZ' ■/•••"
The proposal of a stockholder to amend the Employees Contributory
Flan to provide that any employee, retired and thereafter employed
corporation,
•
$161,539
1,016,961
profits taxes.—V.
/-
—
—
Holland in
proved.
another
$11.73
•
•
:
$161,539
share——
per
•Including
*v-
by
for
$7,978,737
63,405
; >
//;•
2,484
/Gross from railway.—/
129,181
;
1,016,961
$0.58
pref. stock
on
par)
Earnings
De¬
28,
.
/>
2,707,337
"r.
636,549
$2,962,361
$3,025,007
Illinois Terminal RR.
'
General
eligibility
the
extending
employed
$4,093,717
129,181
$5.78
/Dividends on.com. stock' ;\• 790,026
Shares common outstdg.
^
<
•
•
$1,515,005
129,231
' $248,337'
excess
profit for
tFrom
action
$747,211
estimated
are
earnings
Net
feated—
■§■ directors were-re-elected for the ensuing
498,179
$161,476
paid—
$42,075
Dividends
'
/"z The
123,024
1,016,961
.
$0.63
share-
com.
taxes
income taxes,
Fed.
Brewing
Motors
109,501
129,131
$6.23
outstand..
receipts
tNet
Issued
been
Gross
;
>
payable June 15 to holders of record May
on
Dec; 1, last, to common stockCo. as a dividend. »;■'
stock,
Fox
Cr47,166
//>
$4,591,897
3 Mos. Ended March 31—
*
•
$1,638,029
Hercules Powder Co., Inc. (& Subs.) —Earnings—
.,
Federal
..'Fox DeLuxe Brewing Co. of Michigan—Initial Div.—
directors
$856,712
•:
paid—.
divs.
Include
/z -Z Z:> / //Z:///.//;:
Note—The above earnings for 1942 included $70,865 or 9 cents a
/share and in 1941 $221,569, or 27 cents a share as the company's portion of Cuban-American Manganese Corp. earnings.:*—'V. 155, p. 361.-
The
719,511
/
.
1942—3 Mos.—1941
941,504/; 5,915,535
/
;■/;/> 60,515
,
$0.87
,
j
15,750
•-
414,342
•
.
income.
,
1941 "
73,543
'
railway..— $13,483,158 $10,249,595
/Net from railway—— V 4,464,882
3,381,779
Net ry. oper. income—
1,974,470 Z 2,678,251
/> From Jan. 1—
.
( Gross from railway—
37,430,283
28,256,687
Net from railway—.—
11,319,235
8,703,478
Net ry. oper. income—
5,470,409
6,642,397
—V. 155, p. 1679.
,
.
.
:
income——/——
Gross
$5,327,157
3,797
-
■
-
$3,856,699 $14,530,821 /$9,679,608
354,258
._*>,;/■
available
other
Net
/;
outstand—
shares
>/♦Federal
$697,985
V
4,219
1942—Month—1941
2,382,784
/;
Year
1941 / >'
$804,859
income—
net
shares
Pref.
1941
1942
4th Quar.
$1,715,368
1,532,360
// •After providing for Federal income taxes..
.
1941
V
-i
-
1,171,543
414,342
$5,762,049
'
163,051
Pref.
Com.
///
//;
">60,780
$967,910
depletion
Earns/per
4Net
Account
$955,675
3,797
Earns, per pref. share—
•
r,J:,y
,
_
»173,222/:,./ 94,745
;
Freeport Sulphur Co.—Earnings—
-
debt
„•
j
.
7
">57,910
119,702
deducts.
rent for
and
14,747
'
1st Quar.
V
$1,144,928
—
Com.
Quarter Ended March 31—
Z Earnings
term
235,553
■
311,805
'V
fixed
Int.,
287,702
14,525
;
A
Income
1942
chgs.
1,320,725
>1,356,853
320.327
Y/
i
long
6,694
33,312
299,307
/
"
-
.
all
taxes
Balance
,>r
•
404,941
/ 8L299
^
•
railway—//*,/.'
Net ry. oper. Incomes
/
4—V. 155, p. 1308.
/
after
Federal
1—
railway——'-'
from
2,271
1st Quar.
Net
1939"
113,855
.'166,584
-
>27,185
"861
Consolidated
Period—
1940
231,949
—
income*.*
ry, oper.
From Jan.
$118,894
,25,120
-r
2 595
$2,318,361
oper.
March—
45
$454,711
-"$686,864' '
railway
railway
$125,180
Hanna Co*--EarningSr-r '
/f'
<
1941
"//•
ry.
net Dr
Income
19,986
.513,138..,
5,838
$1,932,572
'J
accruals..
Net ry. oper.
Other income
i/1939
s
50,249
;f t'/152,409W?
96,721
/ 57,350 / /
4,401
at
quartet and
1940
,
" $160,793
•
,1942
.
from
Gross
"
-
.
51,150
'Deficit.—V.. 155, p. 1512/
r,-:r././'//•>-/A/Z//z>f~/rZ>/zzfy.V.-Z'/>
Denver City Ry.—Earnings—-v* V/.* •//
Fort Worth &
•;
r
z/
"
common share were 37 cents in 1942
1941.—-V, 155, p. 1510.
'
cents in
-
fr.
tax
;/>/ •;•;■ ' '.■;///■•/>>'' /,/"'•.//•■./• X///v:;
*
*
1941
187
$2,315 766
$16,054,890 $11,670,770 $44,277,886 $31,940,002
10,292,841
7,814,071
29,747,065
22,260,39*/
expenses
/Miscellaneous
83,544
income—
railway.
railway
from
'-••
•
from
Net
,
tIncludes provision for Federal excess profits taxes.
,//;ZZ.
Note—The provision for taxes contemplates an increase in Federal
•
••
:
railway
oper.
Net
Fed.
inc., state
foreign taxes—z*
and
7
.
From Jan. 1
$4,775,695 $28,280,848 $21,542,558
v
305,787
1,738,364
1,628,020
.
306,490 <
ry.
Mar; 28,*42 Mar. 22,'41
Mar. 22,'41
$5,905,374
_
Net income
from
Net
-52 Weeks
-12 Weeks
.
'
; 1942
railway.—$201,403
.
4,234,430
$1,926,734
$179,260
Equipm. and joint facil.
,'rlr Gulf & Ship Island RR.—Earnings—
/ :
1
'
4,859,647
r
$179,073
RR.—Earnings of System—
revenues.—*
rev.
Railway
from
.
-
Net
V
railway——,,>6,297,845
5,293,332 "4,449,714
railway—
1,775,349
1,710,556
,
950,779
Net railway operating income
796,488
816,482
1
274,861
"Figures of Mobile & Ohio and Gulf, Mobile & Northern now merged
/into Gulf, Mobile & Ohio RR.—V. 155, p. 1512.
///./ :/:/;/>■
Net
339,733
>
537
Period Ended March 31—
1941
1—
Illinois Central
A
\
1942
.
tlncludes provisions for Federal taxes.—V. 155, p. 1600.
> :"f
$2,332,430
,
;
,
>1942—12 Mos.—1941
applic. to preferred stocks.———
:
155.
/ $141,025
income
jJnCj after,1Charges_Dividends
65,561
1941.—V
/
—
410,405
>'///"
(net)—
of
$518,806 $6,786,381 $6,550,196
.
$140,488
:
31, 1942, additional
act
;/
■
•
394,171 "
revenues—: ;
; Other income
Gross
RR.—Earnings—
^
$534,659
—w--'—;/
oper.
Mar.
revenue
1942—Month—1941
20,199
,
railway.-**.-—..——./
> From Jan.
40,720
22,311
1
Net
'
:
Net from railway
Net railway operating income.,
.
102. and interest. ; .Payment will be made at The First National
Chicago, trustee, Chicago., I11.--V. 155/p. 1598. • „r
»
•;
taxes
the
Co.—Earnings—
?Oper feyreVdeduc
$138,434
472,133 •
; 418,949
•'»
159,777124,749 ' '
84,762
68,347
^
railway_.:/..', 'v/188,575
:March—
Gross
sinking fund debentures due
redemption as of June 1, 1942,
for
called
545,041
Gulf Mobile & Ohio
-
.f;
Bank of
:
railway.—
'
•
/'-^::/:.';V,J
4%
20-year
from
a
-
$136,838
30,062 /
42,931
U v-i '■"• ;
Net ry. oper. income—
—V. 155, p. 1407.
>
^ /'Fairbanks, -Mor$e & Co.—Debentures Called—i
A
from
'
^
>
income
oper.
From Jan. 1—
Gross
•
;•! £y. excess, of present rates.—V. 155, p. 1407.-.
railway..//
v$196,202 > ' $158,797
railway..—„'i / 71,252 > '
55,273
from
Net
2,300
$89,603 '
$9,416
loss$3,961
://'/•After charging manufacturing, selling, administrative and idle .plant
/ ■ expenses and provision for bad- debts/ but -before charging depreciation
of plant and equipment,
/Includes- reserves for excess profits taxes
i f " p'and contingencies.
{Includes reserve for expected Federal taxes in
profits
from
Gross
•
"
'
Net
Idaho Power
12 months ended
under
// /./!/./,■„•./
,
Period End. Mar. 31—
Green Bay & Western
RR.—Earnings— ;n;..il/.r
March— "■/, /.::Zfl/';:/''l/.< 1942
1941
1940
' - '1939
^
1679./ ■//>/■/■/'.'■
1
1939
1940
2,623
Miscell. charges '(net) i/
v/f
,*p.
a
3 Mos. End. Mar. 31—
the
required
Russell
.../elected
/'p. 188.
1753
month and $264,955 for
to
the
amounts
paid
to
in
preceding
be $24.75
per
quarters.
Arrears as
share.—V. 155, p. 1513.
at
Feb.
$1.25 per share on
preferred stock, par
A
15,
like
amount
1942,
were
was
said
/
1942
railway——_
Net
from
Net
ry.
income—
224,011
railway.—
oper.
•
h\
' 'V '
'V(
!
553,522
,
154,894
'
Co.—Liquidating Dividend—v
The
paid
April 29
company' on
*139,021
273,598
r
*
'
Decreased—
Co., Inc.—Dividend Rate
Jewel Tea
The
directors
C,
and
incl.
1
fourth
cumul.
2
Nov.
[
1942.
declared
.v
.
two
also
,
it has completed in record time the
explosive projectiles, part of a large
50,000 units were shipped within 100
days from the time tooling of the plant was begun.
All plants of the
company are
steadily increasing their output of automatic weapons
and other war material.—V. 155, p. 1214.
.' ' !
corporation announces that
The
purpose
Jones & Laughlin Steel
?
below.—V,. 155, p.
Co.
Otis &
See
i
to redemption each year through the ,sinking fund in amounts
determined by royalties based on the amount of coal produced from
the company's properties.—V. 155, p. 1513.
^
^^ ^
^
Oper.
direct
taxes
♦Federal
Other
1942—12 Mos.—1941
$6,581,130
241,448
2,759,345
2,524,015
•75,683
199,585
44,370
705,791
189,779
Gross
58,570
48,893
610,816
533,979
Net
from
Net
ry.
taxes.
taxes
>
retire, .reserve
appropriations
Amortization of limited-
;
62,500
725,000
$213,272
$2,261,945
160
}; ::y 299
4,155
$213,571
$2,266,100
income
540,000
180,000
Interest
on
mtge. bonds
45,000
45,000
Interest
on
deb.
bondsdeducts.
15,000
15,000
19,094
19,203
and
int.
Other
to con¬
(credit) —
struction
Dividends
*Includes
$1,338,989
;
I
March—
Net
ry.
'
.7
railway
from
Net
:
railway——
from
520,784
Net
1942 •
$207,942
100,014
From Jan, 1—
$818,205
$1,115,092
from
43,322
v
Net
from
railway
»
611,865
360,752
137>979
income—
1312.
^
-
Oper.
644,007
342,340
228,432
228,216
taxes
Operating incqme_i—
$132,510
?; $158,352
5,464
12,248
j
Gross income
Int. on long-term debt_
'•■i Other interest
of
Amort,
155,
$3,104,988
$508,963
$586,316
24,875
17,322
$533,838
237,880
8,480
32,916
34,283
1,474
8,039
..
'V
■
deducts—
'
5,962
4,926
Net
Net
and
profit
ZV-
$297,302
,
•
91,730
Stores
in
April 18— 1942—4 Wks.—1941 '
1942—16 Wks.—1941
$28,376,552 $22,598,293 $108,442,685 $85,574,994
operation
on
April 18,
totaled 3,392,
last,
against 3,655 a
From
La Plant-Choate Mfg. Co., Inc.—New Sec'y.-Treas.—
company announces the appointment of A. D. Dennis as Sec¬
retary-Treasurer.
A Certified Public Accountant; Mr; Dennis, has for
the past six and a half years been an Internal Revenue Agent.
Pre¬
vious to that, he was with the Bank of America in San Francisco, Cal.
1942
Gross
Net
Net
from
from
ry.
and due
1942, at
interest,
will be
Seventh
Net
1941
11,729,495
3,138,975
1,393,109
10,903,332
3,028,126
1,593,083
,,,,
;
1941
1940
;;
income—
$35,065
$25,750
*45,991
*66,411
from
Net
from
Net
ry.
oper.
■'<
income—
♦Deficit.—V.
2,236,809
,
,
cents
per share,
:
95,411
243,205
♦69,727
♦38,913
♦127,830
♦198,914
:
59,488
*202,475
$1,584,031
665,358
553,376
$854,996
948,597
$0.75
116,583
146,643
948,597
$0.90
•
:
148,094
v
1937.—V. 155, p. 1513.
Louis H. Pink, Superintendent of
Insurance
other
it
$0.57
Vice-
ViceMr.
...
subsidiary companies included above
April 29 announced that a dividend of 15%
would be paid
on
May 1
de
Van
Carr, Jr.,
a
httve; declared
-.;
a
:
Private Sale of Securities—
April.21, 1942 to a small group^of leading
insurance companies, of $6,000,000 first mortgage 3
serial bonds,
due serially $300,000 semi-annually April 15 and Oct.
15, beginning
1942
$1,687
March 31—
for int.
.1940,,
-
1-
638
$7
$1,539
account for the
the income
Co.
Lumber
*
'
i,'
'
>
; 1940 ;
"
' 11
7
V
depr.
depl.,
Interest
322,891
344,990
119
"'840,774
—
Accrued
taxes; est.
Inc.
$1,827,486
420,720
314,493
$2,349,549
——
,
6,447
271,456*
Operating profit
;
s'-ir.
.>'■
March 31
$840,774
.
for
taxes
,
income
Gross
Depreciation
*
$814,369
taxes
would
be
rates
proposed
155,
early
53.
tLoss.—V.
if computed
$342,086
increased
in
March
by
the
accrued
according
to
.
Federal normal
such'
Federal excess
tax
the
funded debt
'
and
taxes
•:
'
,
,
1942—12 Mos.—1941
2,604,829 - •. 10^841,695
$918,271
•
$3,249,552
Dr661
Dr712
Br3,142
y;
Int.
$862,032
long-term debt-
on
interest
of
expense,
-*——**
debt
i -
375,641
**
$917,559
V
$3,246,410
•v
375,641
-1,502,565
v.
56,956
.
*
1
• ;
■V:
from
65,485
C': 199,351
1,502,565
•
"■'*<
•
.5,798
25,413'
611
_,
income
Miscell.
net
*-
—
reservations
V -,
$423,637
144,000
I
;
$475,822
144,000
$1,519,081
^
from
from
Net rv.
19,858
%
576.000
Net
•
$1,147,240
Net
155, p. 1215.
The
share
directors
in
addition
to
declared
the
usual
an
extra
Dividend— ;
dividend
quarterly
of
dividend
r;
12V2- cents
per
cents
per
of
25
J
48,307
13,391
30,869
7
342,823
106,291
152,157
*.
319,118
168.032
.
150,288
ii
94,153
r
,
:
RR.^-Earnings^
^ 1942 ■ i / : •, 1941
$1,158,459', i $840,486
from railway*-***-399,511
171,394
ry. oper. income.*-304,752* *•102,968
from
railway*.**
From Jan.
have
71,079
*
93,408*.,:
326,478
144,804
March—'
i
$943,081'
$331,822
~
$108,379
•
30,504
28,213,*'.;,
.
:1939
-
$90,993
$1,723,240
Balance transferred to
$279,637
:
-
inoome-!*
1015, 1313.
Minneapolis & St. Louis
576,000
$107,498*,-"
345,466
railway.*!*
railway—
1940
1941
-
*13,725
•
oper.-
155, p.
Gro6S
earned surplus—
$.41
w"-"i 47,936
34,281
railway*——-
income-i_
From Jan. 1—,
. .*
Gross
265,839
of
income—
from
Net ry.-oper.
$3,511,502
1942
$102,328
railway-**
■
—V.
Net
"e'lH
$362,037
;coihm6rt* stock*-*!!--*--
.MarchGross
Net
I
053
$486,0
—
p,954,363Midland Valley RR.—Earnirigs
$3,514,491
Dr2,989
disct.,
etc.
:
Note—Federal Income and Excess
Net
income—*
Gross
146,365
900,000
" $.62
Profits Taxes for 1942 are estimated
on
the basis of the Revenue Act? of 1941 plus a further provision of
:V. 155; p. 160iy>':"'^ .
-'
$125,000 for'possible additional taxes.'
$3,523>100.$14,091,247*$13,508,8.54
$862,693
income—_
Operating
$514,532
$1,723,422
C? 331,751
:
2,877,427
„—
period
Net income for the
;
•
—
taSF^r^@^^|Mi?ority-
1942—3 Mos.^-1941
deducts. V
18,095
profits tax, .estimated**—:-—-
Earnihgs iier share of
$3,740,120
revenues
and State income taxes
•
91,137
------
5,618"
Long Island Lighting Co.-
revenues
$989,870
-366,106
89,187
Secretary
p.
,
Oper.
.'
•
-——-——
v!
388,521 '
**^*i^.**-—i*J—it-4'
Income—before income taxes———————
"
at rates im-
It is estimated
,
"•44,209
^42,634
$2,201,129
___________—
*—-—*
t$234,989
$1,809
the first quarter have been
'
•
Other deductions
the 1941 Act, which is still in effect.
$943,661
$2,158,493?
J—
Other -income—------
Interest and expenses on
posed by
Mar,'22,'■
Mar. 21, '42
,
discounts
$8,986,325; , $6,570,166
/.Cost of sales—before depreciation**,^*——.—'
6,296,558 * 5,189,673
Selling & administrative expenses.——
531,272
-• 434,832
Net saJes-^-less
$503,055 - v' $133,510
232,258 • ; .162,942
245,178
172,829
23,810
32,728
v
April
from these transactions were used to redeem on
Net proceeds
before deduct,
Depletion
Depreciation
..
.
the
sold
15-year 4'/2% sinking fund first mortgage
Z'/o. serial notes.
,
, -?•
/
;
>
Call premiums on the
4 V2% bonds and 3% notes, together with
other, expenses amounting in all to approximately $300,000, were paid
from the corporation's funds.
Consolidated-Earnings for 12 Weeks Ended
\
'
'
also
were
1942 the outstanding
bonds and $1,900,000 ofs
1939
■
.
22,
Long^Bell
of the
period
1941
on,
$1,900,000 2Va%
1945.
15
Tr
$296
r'$421
1
for
and int.
There
.
Chicago,
289
414*.
502
$2,325
completed
was
same day to the First National Bank,.
serial notes, due $250,000 Oct. 15. 1942, and
$330,000 each succeeding April 15 and Oct. 15 to and including April
1939
$7:
1941
$1,037 *
• i-
w
Sale
.
^ With* Qct> 1945 jftnd .ending with, April, 1955.,.»
Loblaw Groceterias Co., Ltd.—Extra
on
R.
dividend of 25 cents per share oh the
common stock,
payable June 9 to holders of record May 19.
A like
/ amount was paid on March
10, last, and on April 15, Oct. 3 and Dec.
10, 1941. ? The previous payment was 50 cents made on Dec. 20, 1937.
.; /
The directors also declared the usual quarterly dividends of $1,.50
on the $6, cumul. pref.; stock, series A, and $1,371/2 on the $5.50 cumul.
; pref. stock,
series B, both payable June 1 to holders of record May 15.
other
or
Executive
C.
Declares 25-Cent Common Dividend—«
$0.61
to- posts,
.
three months
also
gives
—V.
of New York State,
:
,
in Personnel-
Alan G. Goldsmith and J. O. Mason,
were
Speed Warren,
The directors:
964.756
966,597
directly
charged
are
.
share on
per
Vice-President, Mr. Warren, Treasurer and
Mr. Mahrt, Assistant Treasurer,
...
!
; '
.
^
•
Lawyers Mortgage Corp.—Payment to Creditors—
,
named
officers
Other
$553,555 •$586,058
••
of 50 cents
Presidents; Murray Smith, Secretary, and A. H. Mahrt, Treasurer.
;
296,132
dividend
'the contract."—V. 154, p. 960.
Van de Carr formerly was
which
those
•
as
President;
624,582
.
of the Long-Bell Lumber Co., which at the time had
197,683 shares of common stock" of1 a; par Value of $50
and 87,265 shares of preferred stock of a par "value, of
per
share.:?,; The Long-Bell Lumber Corp.% owns practically no
assets.
Therefore, in addition to giving its own income account,
Other
made on May 26,
a-
^ay'Vicei-President/.^s-ii'd'V:
225,338
stock
Amortiz.
have declared an extra
Co.—50-Cent Dividend—
par
ceed George
share,
$100
*127,487
155, p. 1409.
was
and Aug. 25,
Ferguson of New York has been elected President to suc¬
H. Mead, who becomes Chairman of the board.
Mr. Mead
President for- the, last thirty .years, - while Mr. Ferguson- was: y
Sydney
49,876
,
70,791
" 84,683
*133,414
♦95,472
dividend of 50 cents per share on the
a
declared
have
directors
agreed at the time of
r
1
3,321,791
$25, payable May 9 to holders of record April
30.
A like amount was paid on Feb. 10, last, which compares with •
*25 cents regular and 25 cents extra paid on*Aug. 10 and Oct. 31, 1941.
\ The National Uniform Practice Committee of the National Associa¬
tion of Securities Dealers, Inc.; on April 24 announced that "under
Section 5 (a)
(1) of the National Uniform Practice Code, the com¬
mon
stock of this company shall be dealth in 'ex' the amount of
the
current
dividend
beginning
April
29,
1942,
unless otherwise
corporation as of the close of March 31,* 1942, was the owner
certificates
of beneficial
interest for 100,780.1 shares of
the
of
*65,583
dividend of 50 cents per share
and the regular quarterly dividend of 25 cents per share on the common
stock, no par value.
The extra is payable on May 25. and the
quarterly on June 1, both to holders of record May 15.
From March
1, 1941 to and incl. March 2, 1942, the company paid quarterly dividends of 25 cents per share on this issue.
The previous payment, 50
directors
5,184.047
3,381,884
in 1941 were as follows: Feb. 25, May 26
each, and Nov. 25, 37'/a cents.—V. 120, p. 3074.
the common stock,
$1,384,801 i$1,534,155
$2,137,062
>
86,819
$1,444,288
'220,775
—
——
Loss for
■
Lane Bryant, Inc.—Extra Dividend of 50 Cents—
The
5,398,602
606,836
619,995
658,109
$708,368
Loss bef. deduct,
;
V
21,205,244
9.118,293
5,479,3947 '5,859,548
10.657,594
Marathon Paper Mills
*•
2,225,310
610,753
Other income——**
railway-___
1.650,241
;V 1,051,749
-
railway———
$7,154,192
822,309
♦46,804
From Jan. 1—
Gross
19397
1940
$7,174,528
1,353,498
23,758,029
directors have declared
The
Long-Bell Lumber Corp.—Earnings?
$23,557
♦51,043
♦70,752
'
155,
2,175,400
oper.'income—
1514.
ry.
25 cents
$4,377,799
556,883
share——
3 Mos. Ended
'
48,220
28,091
y
per
last year.—V.
Payments
'
1939
;
$4,230,105
1,126,946
contings.)
'•
Operating
1939
1940
*
15,
Nov.
1941
:
2,112,956
1
railway——-
from
The
1939
r
•
$167,194
railway-
railway—
oper.
>.■:
cents
Mackintosh-Hemphill Co.—^Larger Dividend-
$2,742,199 V $2,223,880
—
♦Federal
& Ishpeming RR.—Earnings—
March—
25
—V. 155, p.
1940
3,429,868;
$2,634,592
107,607
—
Period Ended March 31—
Lake Superior
:
of
•; •-
railway
from
202,382
figured at the average exchange rates, except as to the provision for
depreciation and depletion which is based on the dollar value of fixed
assets at the time of acquisition.—V. 155, p. 921. . * /
^ -
Springs
(Ohio)—Redemption of Bonds—
outstanding 1st mtge. bonds dated Jan. 1, 1937,
y; July 1, 1949, have been called for redemption as of May 8,
par
and int., plus the July 1, 1949 coupon for deferred
>; being
a
total of $529.55 for each $500 of bonds.
Payment
made at The Provident Savings Bank & Trust Co., trustee,
& Vine Sts., Cincinnati, Ohio.—V.
155, p. 1513.
531,277
286,614
33,495,813 ' 27,674,447
income_i1—
Jan.
327,774
251,949
♦
Net
Profit for 3 mos. end.
the
and
15
May
paid on
1942
239,638
155, p. 1680.
of
;
of 50 cents per share On
holders of record May 15.
railway—*—
858,369
940,794
-499,577
1942
Quarter End. Mar. 31— ,r1942
The
All
dividend
ani extra
railway— $12,176,307; $9,971,407
3,607,606
4,415,278
from
from
994,921-
9bi,2i8
■
Note—The results of the foreign
Gain
Ladies' Literary Institute of St. Mary's of the
513,181
'
are
earlier.—V. 155, p. 1409.
—V.
583,095
Mead Corp.—Changes
L——.
than
♦Other
accounts.
per
————
year
;
959,746
1,136,613
.
declared
have
were
Net ry. oper,;
75,524
end
common
,
Kroger Grocery & Baking Co.—Sales Up—
Period Ended
amounts
Net
outstanding
Sales
2,330,981
.
oper,- income-—
directors
Gross
$305,334
in
9,718
,
,
•
Louisville & Nashville RR.—Earnings—
394,948
720,986
outstanding
Shares
256,630
$252,154
$99,750
$67,534
income—*—
1,712,327
2,927,683
March1939
.
The
—V, 155, p. 920.
108,969
1,967,356
,699.119
390,182
186,950
1410.
p.
55.007
79,575
5,705
1.426
197,706
128,996
?
155, p. .1409.
Like
•133,416
••
for doubtful ac-
counts
Interest
1,541
1,390
expense—_——_
Miscellaneous
90
,390, 750
y
'
deprecia¬
tion and depletion—
Miscell. charges (includ.
$603,638
59,470
59,470'
■'$604,959
share and the usual semi-annual dividend
the common stock, both payable June 1 to
V]/
i
100,924^5
,
::?1939'
$657,759.232,204
Louisiana Ice & Electric Co.; Inc.—-Extra Dividend—
for
of period
Earnings per
discount
debt
^
$6,225,039
3,998,548
income
income
prov.
2,518,672
:
$170,600
$137,974
,
*
*440,759
342,932
224,149
1X
railway
from
The
18,512
(& Subs.)—Earnings^
$7,354,126
expense
Total
An
2,616,956
.^74,414.
714,825
.
—
Non-oper. income, net—
:
$3,125,919
t
? 1—
45,389
$325,846
12,729,922
4,192,841
2,535,318
1942
•Prov. reserve for taxes
1942—12 Mos.—1941
% $832,766
$847,335
'
*249,153
'
"
$822,640
railway-
from
Net ry.
v
——I—*-***——
Provision
of 75 cents per share on the
1942—3 Mos.—1941
'•
r
income—
oper.
:: served
deducts,
revenue
and
Net
;
I
hands of public at
Period Ended March 31—
and
1312.
Miscellaneous
Kings County Lighting Co. (& Subs.)- -Earnings—
•
income—
Operating profit
58,631
602.
revenues,.—
ry
Gross
*
stock, par $3, payable May 15 to holders of record May 1.
initial distribution of like amount was made on Feb. 15, last—V.
Operating
v
901,245.
15,363,097
4,184,469
1,796,464
railway
railway
oper.
trative
94,879
common
p.
^
i,49i,jj9 s,
1,021,611
Manufacturing & ship¬
ping costs, excluding
deprec. & depletionSelling
and
adminis¬
$220,106
586,073
335,825
242,211
have declared a dividend
directors
Net
''r;.
XXy
1941
Lone Star Cement Corp.
Corp.—Dividend No. 2—
Kearney & Trecker
The
»
612,696
303,689
railway
Net ry. oper.
—V. 155, p.
-
,
income—
3 Mos. End. Mar, 31—
Sales
1939
1940
$204,030
114,945
81,048
$216,280
128,680
86,077
'
Gross
'*
; 1941
ry.
—V. 155, p.
.
;
from
Net
Gulf Ry.—Earnings—
'
income—
oper.
380,249
266,026
railway—
oper.
'.'1 '' ''I
$1,054,004
440,627
railway*—*—
X;' From Jan.
$131,749
127,758
51,457
1940
1,074,741
404497
305,084
1942
Gross from
'
Gross
ry.
635,564
'
From Jan. 1—
Federal taxes of $15,000 for the current
12 months ended Feb. 28, 1942, additional
under the Revenue Act of 1941.—V. 155,
Kansas Oklahoma &
irom
Net
733,235
'
Gross
i,88J,487
™na?fwaWyay-~- f
Net
;• 5,326,685
Ry.—-Earnings-^ t
Texas)?/sy;■A,:sat'
1*'"1942'' V*.«■ * 1941 '7 ,''" 1940 "
railway——
from
from
Lehigh Valley RR.- -Earnings—
1679.
p.
from
March—
-
$1,635,876
520,784
-
-
for
required
amounts
the
to
—
provisions
and $30,000 for the
'
108,960 -i
;v
:
1,247,563
1—
railway
from railway—:
Net ry. oper. income—
—V. 155, p. 1409.
363
4,934
7,
$106,409
_—*——.
J——-
Balance
'
month
229,811:
22,700
$134,368
applic. to preferred stocks for period
income
Net
'V
•
chgd.
Interest
/
..
:Hl941'.'
88,226
income—
Net
$2,665,877
628,500
180,000
221,864
Other
*29,322
5,398,905
1,209,091
57,640
incomeii-'.'-'V- 32,063
155, p. 1014. vrf'
Mardh—' -^ *
Net
6,760
$180,569
railway——.
oper.
87,951
5,824,580
1939;.
„
1 393,412
-
$432,785
$382,860
121,636 ;•>": 143,002
railway.-—
From Jan.
$2,659,117
$180,409
..."Net; oper. revenuesincome
(net) —
'
$133,232
46,148
,
f
1942
from
Gross
te^m investments—
498,188
181,576
79,877
y>
;
-
.
March—
4,240
244
«'
Gross
Lehigh & New England RR^Earnings—
670,000
1,779
60,000
125
1
^
30,987 < / 20,377 *
"X-: J-'-'v'-v!/'
'}/■?'
127,964
income-—
—V. 155, p. 1409.
$7,064,676
Property
'.Gross
oper.
217,625
*156,024
Louisiana & Aransas
—V.
1940
1941
,
$185,691 X
74,073
804,046
382,656
ry.
railvay
from
Net
$566,364
—
income
railway—
from
Gross
Net
exclud.
expenses,
railway——
53,529
$618,735
revenues—
railway
from
from
.
1942—Month—1941
Period Ended Feb.28—
Operating
1679.
; T
•'
1942"
$308,614
158,597
Match—
Net
:
.'{Includes Louisiana Arkansas &
Lehigh & Hudson River. Ry.—Earnings-^-
Net ry. oper. income—
From Jan. 1—
Electric Co.—Earnings—
Gas &
Kansas
Corp.—Acquisition—
ry. oper.
'Deficit—V.
$1:862,650
r
•
Net
a
Gross
95,241
?:}V X
1939,
-.
y,
488,803
f: 6,942,55J
railway—-Ji"
1,269,245,
Net' from
1940 v
$1,864,806
•311,138
1941
$2,070,216
railway..:—
from
Gross
,
shipment of 50,000 high
order received by it.
..The first
income.—
oper.
*
was
5 first
1
ry.
wholly owned subsidiary.
The Panther Valley Company paid
off $1,000,000 of bonds and notes held by Lehigh Coal & Navigation
Co.
and the money, was deposited with the trustee fori the purchase
of consolidated mortgage 4V2s.
The consolidated mortgage bonds mature Jan. 1, 1954, and are sub¬
Co.,
railway—--
from
From Jan. 1—
X
ject
Part of Large Order
Johnson Automatics, Inc.—Ships
Net
•'
.■
$1,000,000.
•;.• .v-'tf-v *•.
'.\v .ifW*
Funds in this amount were deposited with the Trustee-.as a result
of the refinancing several months ago of The Panther Valley Water
for this
available
\'■*.
regular quarterly dividends, the
and fifth, of $1.06'A per share each, on the 50,000 shs. of 4*A%
pref, stock, payable Aug. 1 to holders of record July 18, and
to holders of record Oct. 17.—V. 155, p. 1601.
,
,
;
March 20,
directors
The
.
The
Annuities.
mortgage,
Granting
on
V
4
until 3:00 p.m., May 1, 1942 by the trustee under
Pennsylvania; Co. for Insurances on Lives and
The amount of cash in the hands of the, trustee
accepted
were
the
dividend of 40 cents
April 28 declared a quarterly
on
the outstanding 560,000 shs. of common stock, no par
value, payable June 20 to holders of record June 6.
This compares
with 60 cents per share paid each quarter from March 20, 1940 to
share
year.—V. 154, p. 798.
...1942
$2,540,347
525,566
railway—-
from
Gross
mtg. 4>/2% bonds, series A and series
Tenders of consol. sinking fund
per
'•
class B common stocks, all payable June 1
9.
An extra of I2y2 cents was also paid
May
1, last
,\v March—'•
Net
Co.—Tenders^
Lehigh Coal & Navigation
.
Dec.
ryLong Island RR.—Earnings— ;
<■196,199
.
record
and
2
Monday,' May 4, 1942
^
■
cents
of record April 27.
this issue on June
fc
^
per
2,809,766
June
of
holders
and
A
the. class
on
to
liquidating dividend of 75
a
share on the common stock, par $1, to holders
Liquidating payments of $1.50 each were made on
6 and Aug. 29, last year.—V. 153, p. 1134. *
■
2,789,269.
269,582
3,049,191
3,988,775
Net from railway..*—
782,782
Net ry. oper. income—
354,536
.'Deficit.—V. 155, p. 1408..
•• f;;
railway..—
from
share
Mortgage. Co. as an initial-distribution
154, p. 1601;
Lawyers
amount of $6,738,827—V.
In the
Lebanon Steel & Iron
*
From Jan. 1—
Gross
the
on
$1,005,081
148,667
*19,517
103,727
-*40,841
them
of
creditors
to
1939
.
$970,603
$1,086,690
221,974
82,415
$1,479,743
377,041
from
Gross
1940
1941
i
to
•Earnings-
International Great Northern RR.March—
f ,V
if
FINANCIAL CHRONICLE
THE COMMERCIAL &
1754
QrosB
1—
.
1
-
from, railway—**p-
from
rv
.oper.
1940
$688,016
136,672
.53,386
;,r:y) -Vi-'ni
r*
•
.
1939
$717,691
n
158,083
j
78,502
-
railway.*--— . incomer*! *
—V. 155, p. 1602.
Net
t'sNet
.
2,287,311 . 2,077,900
465,442
403,294
'"',^831,191 v* 229,314 i146,698
' V"/ V;"'
3,256,395
1,112,043
vt
;l,969,3pl
374,182
,.,131,965
Volume 155
Number 4069
THE COMMERCIAL & FINANCIAL
CHRONICLE
Minneapolis St. Paul & Saute Ste Marie Ry.—Earnings
:•;•
March—
•
(Including Wisconsin Central Ry.)
;
»
:
1942
Grpss from railway.—
Net from railway——
Net
ry.
$3,184,055
<"A.
Net
.8,808,846
6,492,153
2,039,761
from
railway
railway
from
1,013,375
Net
ry.
income
oper.
"-Deficit.—V.
155,
'
'
A.
I*) i
\i
1,021,244
1514.
p.
V
>
-•
99,703
r
-
!
*
J
rf
'
*
)
,
f
r
Gross
.
.
from
railway
railway—
Net ry. oper^,income—
Net
1942
1941
$113,331
.;
from
,•40,688
,
'
4
1
■
'
r
T
<-1,978
Gross from
railway—
railway
322,746
297,996
Net
104,012
112,761
27,059
Net ry. oper, income—
66,358
66,575
*311
%
"-Deficit.—V. 155, p. 1410.
A
•
,
,
Gross
Net
Gross
Net
froni
from
•'
"
'
$130,298
railway
"
A;: 't
Gross from
Net from
Net
ry.
V.
|
income
Missouri
tion
.331,777
81,409
35,868
78,877
26,500
-
12,832,
other
all
Co.—Annual
to
$40,512,
$4,104,
,,
Operating expenses and taxes
Net
Other
income
203,385
'
income
'
690
.
..
Interest
39,636
other deductions.—____________
AAAA;;A. AAA?
'-A V'-'-:; A
and
A"'/A.AvA
Net income1
:
*
—
V
[
——
■''
■
$40,512
r
par),
$240,000;
first mortgage
no
$7
cumulative
mo
par,
1,838
shares), $183,800;
bonds, 1947, $636,700; current liabilities, $73,030; reserve for
deprecia¬
tion, $159,822; contributions
in
aid
of
construction, $1,093; earned
surplus, $148,710;.total, $1,443,155.—V, 154, p. 1530.
Missouri Illinois
A
1942
from
railway—
railway..
Net
from
Net
ry.
oper.
< .'From
Jan.
Gross
Net
100 %
100,755
of New
293,664
133,768
'
Gross
Net
Net
from
Net
ry.
278,918 A
220,350
215,587
156,977
•
483,233
141,038
129,252
A
ry.
Gross
-
- -
3,961,198
2,387,861
2,756,930
1,453,233
32,273,517
10,503,535
24,175,567
20,789,061
/7,067,288
4,350,745
.
from
Net
from
Net
ry.
—V.
railway——
155,
-
income...
Net
from
Net
ry.
railway— A $615,066
railway.!.:—
from
Gross
.;■■■
Net
ry.
1,693,027
AA.
co-general
'-.'1940
\AA 1939
A
$410,969
,:
manager
to
treasury
1,337,101
r
396,015 *
-
414,205
1,335,177
^ 794,770
435,735
1,025,124
593,895
7
271,774
for
additions
to
30
as
'
and
gas
-
&
Gas
output
director
and
March—
Gross
-
directors
utility properties, estimated at about
were
meeting
of
,
stockholders
held
April
24,
•
three
new
elected.
Philip R. Clarke of the City National Bank
vacancy created by
the resignation of E. R. Wimmer; Geo.
Whitney of New York succeeds Harry P. Davidson; resigned for military
service, and Wm. L. Keady of the U. S. Gypsum Co. brings the board
the
fills
membership to 12 instead of 11
Sewell
L.
first
quarter
over
the
Avery, President,
of. 1942 will be
same'
Profits
are
at
formerly.
announced
that
$143,000,000,
period last year.
estimated
as
Gross
Net
Gas
an
estimated
increase
sales
of
for
about
Gross
■'
compared
..."
ry.
:-<V
'
with
'
—V.
'
Net
-was appointed Mail
Net
from
ry.
From
Gross
Net
Net
—V.
oper.
Jan.
.'
*
Net ry.
!%:;4^942."
:
V'1941
$204,794
-
•
income—
;:
73,634
income—
155, p. 1313.
•
:
:
V
135,548
-yy; h/
1940
$195,373
'
:
..^54,872
y' ' ; v; V:.;
1—
155,934
88,466
£2,122
61,766
Gross
24
is
reported
at
107,458,000
above
production
ago.—V.
vear
a
cubic
155,
the
1941
"
1939
-
$143,419
86,744
" v
$158,796
41,751
/
59,573
y1 49,33963,932
74,307
--v-.
•.
514,409
s-
208,229
•:>
406,880
152,320 vy
-:
454,703
125,517
ry.
Gross
ry..
-
188,861
•>> ;153,235
•Net
,
from
79
cents
Note
Gross
Co.
$1.25
of
record
March
on
March
4,
155,
share
per
75
cents;
1123.
p.
the
on
April 28.
A dis¬
last.
During 1941
3,
May
14,
AA
$1;
-
that
announces
it
has
and
Year
available
Date
to
for
4%%, due July 1,
v'A;-j(l
jf-.h.
1941
$420,250
90,644
23,391
89,190
40,967
*24,995
1,192,909
971,985
980,537
236,013
52,907
82,904
85,651
•90,887
•49,064
1,495,940
A
338,300
income—
Earnings
159,521
1940
1939
$337,988
$372,830
63,029
13,181
•••<
$
.
V
v
Corp.—Earnings—
for First
12
Mar. 21, '42
Weeks
provisions
of
Fiscal
Mar. 22, '41
$489,137
in
$439,851
for
Year
Mar. 23, '40
Federal
$530,287
income
—V.
per
common
share
provision
has
been
91
was
made
Pacific
for
cents
Net
railway-
155,
1,527,993
70,562
91,451
717,227
737,204
'•260,977
262,571
291,925
286,229
308,219
284,451
1,228,132
804,981
A 108,408
13,941,509
12,524,928
5,719,786
2,233,439
980,932
income—.
4,281,101
2,484,379
1,496,246
165,886
1414.
p.
output
ended
of
April
the
25,
Northern
1942,
for the
3.7%.—V.
155,
Power
Co. system for
the
totaled
32,954,000
kwh., as compared
corresponding week last year, an increase
1682.
p.
(Del.)—Weekly OutputStates
A-Aa'
North River Insurance Co.—Stock
stock
382,674
15,835,437
3,343,307
oper.
155,
Boston
$4,581,040
1,719,018
89,341
702,085
1010
$5,130,620
1,086,387
23,016,791
with 31,780,000 kwh.
Of
1124.
p.
1—
Northern States Power Co.
78,147
and
which
railway
railways! A.
Jan.
Electric
97,271
taxes
1440
1941
$5,860,480
2,183,319
income
oper.
ry.
1942
-
$8,217,137
railway;.
from
week
94,540
including
in
increased
1942.—V.
Ry.—Earnings—
1942
from
Net from
Ry.—Earnings$258,954
Mar. 25, '39
$324,458
taxes,
1941.
(2)—No
From
68,620
$219,310
Corp.
$18
Offered—The First
April 24 offered 22,777 shares of capital
per share. This stock is coming from an
on
at
Company has been in continuous operation for 119 years and has
paid cash dividends without interruption for 104 years.
It writes
RR.—Earnings
1941
1940
1939
$28,274,730 $27,777,349
5,593,738
5,861,877
fire
of
2,199,307
1,822,066
and
the
102,056,722
88,012,076
20,360,767
17,098,810
14,330,031
"7,998,245
The
the
1941
1040
price at which the
exceeding
1939
all
but
company
four States
in
1941
and^ territories
increased
24%
over
$21.59
offering is made.—V.
144,
p.
5.55%
619.
of
$3,506,396
1,096,670
456,150
593,676
13,378,397
.5,491,311
3,367,515
11,434,309
9,968,291
being
3,491,780
1,815,515
3,009,976
1941.
1,564,732
Air
' 1942
it
$483,344
42,360
*34,706
$405,698
*39,994
$572,562
*120,105
*5,803
railway____% .1,543,864
1,338,752
1,216,817
1,727,817
47,817
*76,523
254,347
*167,519
*293,284
*37,240
67,748
92,819
-A".
-A 105,250
.A *88,727
155, p. 1516.
announced.
company
as
198,314,621 as
;aa%
Queens Electric
Light
&
Power
Co.—
declared
value,
a
dividend
payable
June
$1.75
13
to
per
share
holders
of
on
the
record
with
139,527,112
for
the
'■
showed
the
miles
NWA
same
month,
H
a
larger
even
percentage
gains
than
air
mail,
report.
reached
total
a
of 47,219,948
for
last
month
as
com¬
1941, or an increase of 79%.
Air
for March, 1942.
This was a 55%
increase over the 43,768 figure for March of a year ago.
Quarterly figures showed that air express pound miles for the first
three months of 1942 were up 79%
over the comparable figure
for
the January-March
period of 1941, NWA having flown
140,657,078
with
express
Air
25,440,366 in
totaled
March,
poundage
miles of air
pound
mail
pound
72,601
in 'the
express
miles
were
up
first quarter of this year.
32%
for the first quarter of
this
the first quarter of last. The pound mile figure for
January-March quarter, 1942, was 527,895,720.—V. 155, p. 1603.,
year
over
The
$1.75
of
compared
.
express
pared
''Sjai
A $572,133
is
carried 265,121 pounds of mail
in March of this
compared with 189,558 in March a year ago. This represented
gain of 40%., Pound miles were up 42%, the total for this March
year
according to
,
in the history of the company's air mail service,
the previous high for the Christmas month of Decem¬
been recorded by this corporation for the month
has just
March,
The
high
even
1941,
ber,
1,042,327
;
par
in
in Canada.
the
liquidating value
all-time
An
$3,744,482
income.—
have
also
as of Dec. 31,
1941, was equal to
Earnings for the year 1941 were $1.42 per share.
present annual dividend is $1 per share, to return over
The
on
$4,954,987
.2,191,356
1,370,847
4
&
insurance
and
share.
17,955,629
7,287,514
c
3,674,433
,
income—
of
written by
4,530,722
:v'%:
railway—*—
lines
States,
premiums
1940.
80,108,165
28,485,710
allied
United
Net
5,966,578
1,447,575
.
'
no
of
holders
be enacted applicable to the year
may
230,634
1939
stock,
be
156,752
charges and
profits tax.
Note
(1)—Earnings
105,439
1940
directors
that
would
reserves
,
Northwestern
The
stated
manager,
ore
dividend
to
made
$1.25.—V.
3
income
265,99.1
To Pay $1.75 Common Dividend—
common
general
$554,336
♦After
ry.
1941
York
largest
drilling in the property
is nothing definite
1942
<
Net
Murphy Co.—New Financing Proposed—
New
,
Northwest Airlines, Inc.—Record Mail Carried—
income;-—;
oper.
A/
excess
a
from railway..
Net,from railway.
ry.
14,
railway
oper.
36,719
$250,713
29,362,974
12,325,606
Gross
Net
Greene.
there
pi'obable
paid:
were
railway
railway
A'
per
railway
railway
from
Park,
a
14
Trust
12 Weeks Ended—
253,460
5,487,795
in come-!-
155, p. 1314.
Gross
1
board,..tittihg
the
to
T.
•Deficit—V. 155, p. 1681.
91,801
1939
railway—.
$6,892,702
railway__iA; A?. 3,179,466
.
R.
while
and
and
was
from
Net
A- 490,504 A
1942
From Jan. 1—
elected
of
545.
declared
railway
income
from
A A
1603.
oper.
been
States has been
Hugh
p.
share
per
oper.
93,408
%■-«
from
Net
190,796
The stockholders will vote June 24 on a proposal to-issue and sell
approximately $9,000,000 of new preferred stock.
The proceeds Would
be used to retire the 40,000
shares of 5%- preferred stock, and to
increase working capital.—V. 155, p. 1515.
••••:*v;'.'rk
from
from
1940
from
ry.
has
definite
154,
March—
New York Ontario & Western Ry.- ■Earnings-
Net
,
estate.
•;
,
,
department.
From Jan. 1—
703,165
844,873
income
,
transfer
own
resignation
weeks
work,
of
have
$1
from
Net
•
11,274,211
■
of
Net
771,022
$36,569,043
March—
of Buffalo
correspondence pertaining to the
sent by mail for transfer
may be
155, p. 1314.
;
Earnings for March
1939
1,091,609
12,747,793
open
this
Manufacturers
$263,264
114,900
From Jan, 1—-
—V.
Co.
consolidating" the
delivery definitive first mortgage bonds, series "A"
1998, upon the surrender of temporary bonds.
41,875
174,251
i
$44,362,011
oper.
of
program
its
5%
Electric
Norfolk Southern Ry.—Definitive Bonds Ready—
1940
A 876,834
railway
from
York
stock, payable May
$262,088
-
1,496,418
March—
Gross
certificates
following dividends
14, $1.25, and Nov.
The
RR—Earnings—
$385,924
New York, Chicago & St* Louis RR.-Earnings—
Net
the
corporation in
seven
tons.—V.
Northern
railway
p.
of
,
complete
New
or
from
tribution
of
1941
from, railway____ 121,990,496
155,
Co.
<
;*■■■'
:
1942
oper.
six
directors
common
"
>
•
week
railway.;;.
from
ry.
Trust
the
at
New York, N. Y.
New York will become
Nonquitt Mills—$1.25 Dividend—
Association—Output—
356,706
income—
1—
Net
&
■
North American Rayon
Electric
$576,671
income.—
Net
located
are
com¬
48,404
343,521
Jan.
From
offices
15 Broad Street,
office
preferred,, 5%
preferred,
May 4 and the Marine Trust
-
and
of
estimate
The
71,437
1942
income
"■Deficit.—V.
(G. C.)
report
fair
a
Pound
railway•
530,134
from railway.___i_
% 150,924
oper.
15,414
168,730
318,428
oper.
Net ry.
Ordey Comptroller,—V. 155, p. 1515.
from
ry;
%
26,051
RR.—Earnings—
railways—_
railway—ivi
to
23,708
1413.
from
from
at
Bank
on
transfer
Inc.,
past
Net
1939
$54,139
80,354
1,990,029
1,017,086
Marcfi—
Gross
this
transfer
and
stock
own
controlling interest in the Croton Magnetic
located in New York State, Alex Fasken,
President,
stockholders at the annual
meeting.
One of the
the
Gross
V,v
p.
Net,from
Net
32,363
169,356
railwayrailway
155,
of
its
representing its first
"A," and second
series
companies in the United
the
for
the
174,467
1942
-$788,242
•:
410,851
income.
oper.
Gross
from
told
iron
Jan.
ry.
Net ry.
At the'directors' meeting following the stockholders'
meeting Earl G.
former Comptroller, was appointed General Comptroller; Leslie
Crews, Assistant Treasurer, was appointed Retail Comptroller. Carl
Gross
1940
$62,089
A 35,464
;
•
1—
Gross from railway
Net from railway-—.!'—
Net
The
Hanover
Maten
Mines,
Gross
1941
-
April
_
oper.
Ward,
b'March—
Iron
p. 1413. %
from
F.
Montour
be paid on
36,807
&
from
Net
5%
vacancy created by the
The company holds a
the
14%
A
$4,950,000
year.
p.^Beri^
now
$70,827
-
the
income.
March—>
maintain
Nipissing Mines Co., Ltd.—New Director, etc.
representing interest
1942, will
38,226
_
oper.
155,
stocks.
warrants
or
George
;•
from
ry.
79,131
the
Aug.
86,636
railway.
Net from railway—__
—V.
$2,823,490 last
year.
After reserves for possible inventory shrinkages, net profit is
estimated-, at $2,550,000 compared with $2,823,490 in thfr same period
last
La.
173,846
from
oper.
297,739
141,050
certificates
preferred,
work
Net
'.
>:
791,562
317,673
149,619
directed to the Buffalo office,—V.
debentures
1015.
p.
.
annual
6'At%
ended
for
.
807,064
350,478
Under this plan certificates
representing preferred and common stocks
option warrants may be presented for transfer at either the
or
New York offices,
while
1,
13,409
'
/
A From
^Montgomery War<| & CO.,; |nc.—-New Directors—-Esti¬
mated Earnings, etc.
!
the
income
feet, an-increase of-9,528,000 cubic feet or 9.73%
97,930,000 cubic feet in the corresponding week
%
911,283
336,104
142,393
and
the
-
New York Central
At
Nov.
New Orleans Texas & Mexico
Vice-President,
a
of the organic chemicals division of this company,
155, p. 1680.
,
.
^
electric
155,
informed
April 24, this Association reports electric output
of 10,798,206 kwh.
This is an increase of 338,098
kwh., or 3.23%
above production of 10,460,118 kwh. for the
corresponding week a year
Co.—Resignation—
retire June
on April 24 asked the Federal Power Commission for
issue $1,000,000 of first mortgage bonds to reimburse
for past uncapitalized expenditures and to provide funds
$350,000.—V.
have
Ry.—Earnings-—
income
week
20,105
March—
income—_
.Net ry.
104,674
company
authority
$108,277
31,412
1—
p.'1413.
the
Net
its
cumul.
1942
121,030
Montana -Dakota Utilities Co.—To Issue Bonds—
The
trust
dated
railway.
Net from railway-—_
,
;
$114,998
$61,534
.$370,261
237,601 AA 215,495
announced.—V.
is
For
—V.
will
Camp
155,
will
for
4
Central
transfer
31,011
From Jan. 1-—
^: 997,155 v ^ v826,566
income—
Monsanto Chemical
Lee
30,534
distributors
New Orleans & Northeastern
155, p. 1515.
G.
it
1,060,154
."v.
railway—
oper.
the
collat.
-
•
New England
ago.
,
19,154,106
3,708,577
1,781,541
349,398 ;A
220,638
169,129 r
a;
;N«^ from rdlway^wi^
—V.
AAA
$545,165
317,806
income
oper.
From Jan. 1—
••
'
p. 1681.
.
from
Gross
250,694
'
Monongahela Ry.—-Earnings—
"'March—.'
-•
•>
1942 "A_vV,''l941.
■
271,508
7,167,196 A 4,424,972
.
1680.
p.
1,090,521,»• .1,135,721
u
,
railway
oper.
of
railway
oper.
59,606
948,734
will become co-registrar.
This
final
step will
69,956
-
income—
('From Jan. 1—
<
oper.
"B,"
15,000,000
railway
railway
from
ry.
89,031
53,373
'
registrar for these stocks
163,032
1413.
p.
from
Net
May
second
The
$372,276
■
67,914
$40,727
railway—
Jan.
1939
$264,512
116,052
1413.
corporation
series
Exchange that they have not effected any stabiliz¬
no
longer intend to stabilize to facilitate this
debentures,
oper.
From
•-.'
1942
,
railway—
Gross
A* 159,820
■
were called for redemption as of
May 1, 1942 at
Payment is being made at the Whitney National Bank
>v
from
from
Net
A;<A 1941 ':-S A1940 AAA A 1939
railway— $11,643,862
$8,412,966
$6,716,190
$6,607,429
from
$373,266
40,367
16,893
1932,
income
Gross
497,936
RR^—Earnings—?
.
_
1,
1940
122,591
74,431
Building, Buffalo, N. Y.
8,047
that
except
$171,900
int.'
March—
83,869
—V.
Missouri Pacific
/
Dr601
Orleans, trustee, Gravier & St. Charles Sts., New Orleans,
Net
.
Di-719
A
1932, upon presentation and
surrender
of
said
coupons
at the Whitney
National Bank of New
Orleans, trustee, St. Charles & Gravier Sts., New Orleans, La.—V. 155,
p. 923.
45,042
1411.
A* A
>
$106,034
1,
6%%
$175,893
■
155, p.
series,
$372,877
Interest Payment Now Being Made—
75,132 •'
AA;7A:AAAAAVAAaA;*A A"
income—
March—
$373,985
Semi-annual interest coupons Nos. 9 to
19, incl.,
for the 5V2 years' period ended
May
47,626
-
•
52,906
567,678 ;
oper.
and
1939
$168,359
$206,221
•
47,443 A'
654,852 *V
—V, 155, P;
of
Nov.
RR.—Earnings
&
Nevada Northern
1940
railway.—.
railway
from
ry.
1941
•
$246,201
from
Net
-
;A> 110,904
income—
1—%
total
Western
1941
Niagara Hudson Power Corp.—Transfer
Offices, etc.—
and
155,
&
136,604
A
income—
oper.
The
Ry.—Earnings—
March—
Gross
Stock
dated
29,
Buffalo
same,
transactions
the
on
$277,317
railway
railway,.
from
2,067,763
8,159
shfre
per
$321,767
from
ry.
Naval Stores Holding Co., Inc.—Redeems
Debentures
-.
$36,408
,
shares,
etc..
$1.50
1—
$2,440,640
s
of
$341,246
railway
railway
Jan.
'
offering—V.
Balance Sheet, Dec. 31, 1941
%
'
' '
Assets—Utility plant, $960,809; intangibles, $312,105; other physical
property, $10,540; current assets (including $29,720 cash), $112,253;
deferred charges, $47,449; total,
$1,443,155.
stock.. (2,400
York
ing
.
Liabilities—Common
$2,514,881
announced April' 30 that the
secondary distribution has been
an offering at the
market, plus an amount equivalent to
York Stock
Exchange commission.
Other terms of the offering
New
$76,044
155.
stock, par $1 each, payabl?
This compares with $2 paid on
1941.—V. 155, p. .1413.
1942
.
income—
—V.
587,300 % 2,140,896
$53,414
the
r
;
oper.
Net
to
remain
prior
>.
Susquehanna
from
Gross
disct.
Blyth
last,
founders
May 11.
June
on
From
556,196
was
New
190
$80,483
39,971
■
—
It
changed
$75,854
,
Gross
and
$1
ry.
886,756
Co., Inc., offered after the close of
a block of 6,000 shares of company's
prior preferred 5!/2% series stock (par $100) at a fixed
price of 51 net, Dealer's discount, $1.50.
.184,991
$79,793
——
1
1015.
p,
14,
made.—V.
were
1942—12 Mos—1941
$693,124
$118,031
39,763
income
155,
March
on
share
per
dividend
a
the
on
from
stock
$260,846
.
operating income—...
$734,635
16,7?3
debt
expense,
Co.,
1940
$283,179
,
366,307
1942—3 Mos.—1941
long-term debt.
of
and
Net
business April 29
.
1941
_
694,348
732,657
National Supply Co.—Stock Offered—W. E. Hutton &
the payment of regular dividends on the outstanding
stock, aggregating $12,866,
surplus *;was increased by
balance of $27,646. A A"'
Statement of Income, Years Ended Dec. 31
,*'•
revenues
Gross
3,725,893
'
or
remaining
Operating
1,253,674
interest.!—
Amortiz.
After
preferred
on
Net
of
last,
Net
Gross income.—'
Int.
declared
and
holders of record
March—
200,735
.
3,688,701
AAA 210
Other
have
New York &
325,745
98,714
639,044
Drl55
—V.
1940
over
27,
mencing
Report—
increase
an
Nov.
$1,313,077
206,174
$105,824
25,152
•
$2
1939
4,446,090
$118,186
39,792
7,292
•
made
was
of
Shipbuilding Corp.—$1.50 Dividend—
directors
participating stock
1940
5,518,668
1,157,559
Operating Income
Other income; net—1__
operating expenses, taxes, interest, amortiza¬
deductions, net income available for dividends
income
amounted
11.3%.
the
Edison
New York
The
15.
May
Net
railway
railway
616,449
'
286,897
66,163
27,742
'
record
$1,255,127
i
taxes—______
and
deducting
and
1941
$7*
371,444'
.
of
Ry.—Earnings—
A ; 1941
$1,617,864
546,309
329,119
254,011
Operating revenues.—
Oper. revenue deducts,
$91,162
15,900
3,781
'
27,139
*
& St. Louis
465,206
income—
1939
'
railway,..*
railway..—,
oper.
36,512
20,558
:
holders
„
1942
Period Ended March 31—
.
155, p. 1411.
After
in
;
1940
$125,394A $104,820 :
35,564
17,745
-
Net ry, oper. income—
From Jan. 1—
*
to
Nassau & Suffolk
Lighting Co.—Earnings—•
and
'
22
11,981,159
1—
distribution
payments
on
,
16,894
*12,163
-
1941
1942
railway—^
share
per
194,231
Missouri & Arkansas Ry.—Earnings—
March— '
$38.50
similar
quarterly
*
,
Chattanooga
Net ry. oper. income—
—V. 155, p. 1411.
i
A
which
1216.
(the
from
from
of
f
railway
Jan.
dividend
payable May
railway
oper.
From
$74,871
11,867
1,449
$70,258 A
_
from
22.
to
C
•
from
ry.
a
364.y.
p.
May
preferred stock to clear up all accruals
dividend of 50 cents on the common stock
a
both
March—
Gross
l<
,
declared
class
and
1921),
Nashville
1939
1940
•
24,726-
A
155,
5,230,038
- 133,600
<-671,284
*11,589
A
203,332
from
issue
since
Net
48,885
27,087
.
From Jan. 1—•
that
first
of
C Pre¬
1755
p.
have
shares
Net
$114,263
.<
.
158
on
Mississippi Central RR.—Earnings—
March—,..
directors
—V.
6,110,864
833,984
A47,912
183,258
»«
1
the
$1,881,665
127,362
<'126,154
-
A
*,
The
1939
-•
$2,137,400
344,372
> 77,994
362,962
..482,489
v.'A •
.
From Jan. 1—
Gross
1940
.
$2,270,477
832,156
income
oper.
1941
Nashua
Mfg. Co.—Pays All Accruals on Class
ferred Stock—Resumes Common
Dividend—
.
the
directors
per
6%
share
cumul.
Public
on
Service
April
on
declared
the
pref.
27
7%
stock,
the
Co.—Regular Pref. Div.
regular
quarterly
dividends
of
cumul. pref.
stock and $1.50 per share on
both payable June 1, to holders of record
May 20.- Like amounts were paid on March 2, last.
See V; 155, p. 1683.
1756
Operating
"'•direct
207*771
-22,562
taxes—A;..——•218,020
taxes_'""— 41,096
taxes—57,033
Property
retire,
reserve
;
*
A-v.- 56,503
;.
'
,
1,
:
,v
^00,000
'
■
J25,uuu
^
24
—
ZZ
v
^
.
"
24
.
income...-.-,
$97,368
i
_
?""!?« ™ Xnmres!
other ant.
interest
SS
':
7 At; 2.574
4,307
r-
'
46
.
,
.
J42
r
.
;
,1,602
,
applic. to preferred stocks for period
Dividends
.
$505,911
7.;
r
Balance
v.,:""
"
1515*.
*
i
.
'
•
57
,
Gross
>
Net
ironl Jan.'l—C
grO&s-from railway-,Net
frem railway--—
r^fi7t-
■*
:
- «. . 153'247 *
51,665
Five
tlft3 6ft7
roii^av
m
, operating
j
$22,124
T;
n,T
r1124
.
^
-
«
«
/
'
,
par
,
610,697 7
income taxes—
20, 1941. •
\
-
/u,
-
237,500,,
Avenue
I>UUams
the
pf
cf
av
-
...
All
6V2%
outstanding
Tniv
vicfdH
lmnHc
i>6
FaVihent
be
will
made
State
the
at
Bank
&
Trust
Co.,
Evanston, 111.
Co.—Bonds Called—
£ir Oregon Pulp & Paper
'
.
\'
'
directors have declared
The
1,693
_
8,73,5
amount was disbursed on March 20,
•
on
13,334
J.. Kulas,
E.
'
H7ft9 ono
v
the
oeriod
the period
the
under
3,846,532
^
"
g'
ni4
a
;
At
the
1941.-V.
;
'
45,385,300
82Q.950
820,950
782,037
•r?,
■
-.M.
-
•
more
$
from
Net
rv
income.
oner
1
from'
,
for Federal
1942
1941
$116,138
'
income taxes.
r
in the first quarter of 1942 over
Epstein,1 President,
time
becaUse
of
told
the
stockholders
uncertainty
at
the
they
will
regarding
be
annual-- meettaxes
and
this
income
year
higher
materially
„
f
^
Dndfi-i*
flnrn —Df»hAnfitr<i«
"
f
i^orp.—ueoentures called—
5
Pnllodl—
called
for
redemption
as
of
June
15,
1942,
105
at
interest.
and
New York, N. Y„ out of moneys In the sinking fund. '
Any debentures drawn for redemption may be converted into capita!
stock of the corporation on or before June 15, 1942.-~V. 155,
■
606.
p.
:Philadelphia Suburban Water Co.—Dividends—
'
phoenix
-
.
>
1939 ■,
S
in
.
sonoofl
1 599,968
*72 708
from
ry.operilnC(^eI:"*
railway
V
"Deficit
155
*
'
pAWn
_
*5821295
1517
p.
last
,•
Gil
fni-n
Jrenn Vd,uey ^ruae
Famintfc
Npf.
Iosif
to
corporatlon
Tndian
•
na»
.....
"
.
...
~~
pir
and
"
"
.
*
*
•
>=•"
*36'819
871//
cents
'
>
"
v-v
i
made
were
1941
p
(torch
on
n<rainci
no
,
'
r
"1940 V
$72,214
a $96,518..
4
37,696
28,756
,
75,391'
.
,
.10,524
5,359
, ....
170,664
46,842
46,320 f'
'
1939
$63,444
-
14,939 *
4,133
^
215,128
-
.,251,795
;
\
2
an
847
l.?:
-
•
per
20,899
; 14,289
:
4,853
-
•
;
•
••
Shawmut
.v■■■..'
&
i-t
~
Northern
1
railway....
Net from railway-—-.
Net ry. oper. income—.
From Jan, 1— ^
- Gross from railway—
35,895
"
ion
1
tSfcoo. ...wnAwir
$135,070
- •
.
RR.—Earnings—
iodi
20,429
46,755 v^-
A
30,988
>
30,787
.16,349
24,168
:
12,840
■
,
■,
.
.
380.879
A 386,663
A 325,889
Vr 263,566
78,614
} Net from railway
-
.
1,
A
^1941^:;
72,220
aro"trom
2 277
'
1942-
Sept.
Payments
...
153
-
t3fi 819
Sheet March 31,
and
share
Dee
83,369
Pittsburgh
$34,542
*
'
1
artiinngb
Assets—Current assets, $12,367; fixed assets (net), $382,731; deplet- I Net ry. oper. income—
,
1
6
-
;
Net consolic^te(1
J"
Consolidated Balance
*
I
neriod
for
cents
Net ry. oper. income.—; :
208,330
—
.
~~
Com
Iorr
25
Sent
155, p. 1316.
—
nrillina
o(
31
Mav
Net from railway—-—.
.
,
rnncnlidatpd
payments
on
-
Consolidated Statement oMncome, Nine Months Ending Mar. 31, 1942
Total revenue
—____
; $173,787
—
Payable
*
June
Pittsburgh & Shawmut RR.—-Earnings—
^orp.—J!(drnings
expense
and
,
.
A
*
fmrlo
1,
*225,182
*227.610
'
v»11av
March
share in preceding Quarters—V
per
1939
$352,346
*95,670
1940
fer. share ®.n
#
piHsbury Flour Mills Co.—Extra Distribution—
The directors have declared an extra dividend of 25 cents
-r.-^
$389,119
*79,288
i
.-A- :.
Quarterly
1941
follows:
as
each, and Dec. 1, $1.75.—V. 155, p, 640,
Lines—Earnings—
* 226 607::
.
-
were
March—
—
1942"
; :-. v
--v ^
A.Gross from railway—$86,757
1,234 116
1 148,628,;<' 1,028,179- iv Net from railway---.—
29,788
*213 764
' *262 550
*245,890 " Net ry,-oper: income— " '
25,639
*603!916 " *687*,388 >616,585 '
From Jan. 1—
,
~:'r•'.A'-:' Gross from railway.— 255,036
u •180 097
railway
1941
,
'
$444,748
°?"
a
A distribution of $6.12'/a per share
was made on March 4, last, to reduce dividend arrearages.
,,
8,741,072 .
5.039,060 ;
.
mumw
*91 558
*
JESftS-
June l to holders of record May 18.
■
33.320,950
9,827,084
5,459,458
*•
^
Co.i^7t4.Cent bividind—
Hosiery
.
iq.q
.
.
x.
$575,002
612 295,:
-
Net
1
'
•
11942
Net
*
'
(& Subs.)—I-Earnings—
b
-
$125,983
$18,990,452
$
nn7io7«
.
••
^ t0
8.
,
railway
From Jan
Gross
Total
the common; stock, .par
t' Pacific Power & Light Co.
$994,886
••
.1
'pfiolne
7T
-
155,
6mn
.
35,722,506
12,764,957
6,985,858
,fiai««,
railway.—
from
Net
•
a quarterly dividend of $1.25 per share
$25, payable May 19 to holders of record
Previously, the company made quarterly payments of $1.50
per share.—V. 151, p. 710.
'
'
"
'
.
$335^226":;
$322,261 '
-
96,508,858
..
.
$
e
March—
Gross
Fire Insurance Co—Dividend Decreaseddirectors have declared
The
on
May
$144,298
nf
.
60,957,895 -47,014,613
.
j 1 Pacific
'
———
almost certainty that
:
1941
railway--—15,717,345
income^— . 6,588,058
_
v'v.;a
■
-
.
V$322,576.v " $335,226"
$995,511
•
"
•
--.7, 315
-7 7;-'625
than in 1941."—V. 155, p. 308.
s
661-1"4
Q
Pennsylvania-Reading Seashore
peacetime products, was so large in i relation to the j
size of Otis that the financing of the undertaking would have been a
difficult problem if Otis had continued as an independent unit. However, in view of the favorable vote of the Otis shareholders upon
a
sale of its properties to a concern with much larger resources, it was
believed that-the pending negotiations might now culminate in an '
agreement upon an expansion program.—V. 155, p. 1683.
V t
.
—
$144,298
Payment will be made at the offce of J. P. Morgan & Co. Incorporated,"
$6,963,715 : $15,010,965
A$
rai]way____
-V- 1=5, p. 1415.
diversified line of
;
this
the
777
*
221-958
231 777
$6,537,981
I942
r,Fromf/an' 1-7.
•
a
165,046
The directors on April 15 declared a dividend of 20 cents per share
p on the common stock and the regular quarterly dividend of $1.50 per
$39,545,248 $34,057,145
share on the preferred stock, both payble June 1. to holders of record
3,982,735
16,678,500 " 10,244,595
May 11.
V *v-'.w;;
596,902
2,349,222
1,683,806
Distributions of 20 cents each were also made on the common stock
A
596,899 > 2,353,682
1,683,990
on March 2, last, and Dec. 1, 1941, when dividends were inaugurated
390,457
2,491,865 A : 845,579
on this issue.—V. 155, p. 1684.
'
,
Net ry. oper.
.
materials rather than, facilities to manufacture
——
*
Quarter—
Alfred
"
34,350,210 g, 128,910,628
6,484,600
,*
from
Grogs
the construction at Otis of
a
battery of by-product coke ovens, a blast furnace, two additional
open hearth furnaces and other facilities. He stated that this program,
which would involve principally an expansion of facilities for the pro- ■'
war
$1,668,397
■
in®: "u is impossible to publish net earnings after Federal income tax
.
Ear„ings 0f Company Only
March
with. Defense Plant Corporation looking to
ddction of
188,223
Total sales have increased* 21.7%
afc
$4,834,dd7
,,
—
the progress of negotiations
meeting Mr. Kulas reported on
$998,317
18,818
first quarter of 1941.
and Baltimore & Eastern RR.)
-
■
,
,
(02,112
the plan.
of
$584,618 7
34.170
profit
»Before provlsion
ope^T revenues-4.'$6i'oe3,5^5*$47,102^876 $i6M55,876M$i30,&6e!oo3
Net ry. oper. inc.—
sh«re$ ot cwM stock nwesented at the meeing a
805,245 shares, or approximately 97%, voted in favor of the plan.
Mr. Kulas said that as yet no dace has been set for the consummation a
the
$394,455
n
JPr68,212;v; Z)r56,569
Pfeiffcr Brewing Co.—Earnings—
First
•Earnings
th^comMnv' ttT^imes1 ^Xaughlin6 sLel^or^1 and ^he^distributionNe^froin ^aUway—ZIII 39]639]944 34!l04i329 27!492[533 23i847i945
°('
64,773
,
to
and loss
'
3,846,532
917
of
Act
'
j^drningb
fac- "nts""Jr baL
,
r
Revenue
-Earnings
RR
Equip, rents—Dr bal._.
,
announced that at a meeting of shareholders
President,
:
nr«5'ii?
Dr63,155,,
vA total of $1,142,800 of convertible 3JA% debentures due 1952 have
....
Net front
Oti& Steel ,Co.—Sale .Approved—
'
$2,807;826
284,165 ; - 772,771 ; 7 835,866
-V. 155, p. 1316.
Federal taxes of $125,000 for the current
the 12 months ended March 31, 1942, additional
required
Railway taxes
—
Unemploy. insur. taxes
Railroad retire't taxes
1941.
20,
Dec.
6,541,557
•
..
$1,800,388
—
Net rev. fr. ry. oper._ $15,678,295 $12,752,666
and 20 cents in each of the three
nrprcdine
507
'■"' '•
preceding ouarters—V
quarters,
v. 155
ido, o
p. out. ■■
cents, .per share
•
provisions for
1684.
;
with 40
1942, which compares
$9,349,383
7,573,224
.
7
ioa.t
$9,373,612
'
transf
Inc
Hill
74,751
42.331
v
$1,874,217
Rail. oper. expenses^.
A similar;,
stock, payable June 20 to holders of record May 26.
•
and other reserves—
14,619 i
3 846 532
Raih
•
$1,021,535
Net Income .—^7^
fss fiflo 8fio
dividend of 20 cents per share on the
a
15,723
Earnings of Regional System
•
;21270,124
$734,563
-
v
,
.
$1,172,371 $11,356,743 $14,383,673
91,647
(Excluding Long Island RR.
6%
May 1,
i
\.2,568,085
7 Inc. applied to sink, fund
2.850,000
.
-
3 846 532
,
Otis Elevator Co.—20-Cent Common Dividend—
common
2,850,000
been
■
,
237,500
us 790 749
,
rennsyivania liiv.
mtge.
1926 and
1,
1,867,686
1 ■?<;->.
>
.
63,533
Pennsylvania
gold bonds, series A and series B, dated
1927, respectively (same being bonds numbered 861 to 1340 inclusive of series A and numbered 269 to 456 of
series B) were called for redemption as of May 1, 1942 at 101 and int.
Payment is being made at the Portland Trust & Savings Bank, trustee,
Portland, Ore.—V. 144, p. 288.
•
>
V
j
'
""
'
1st
Certain
May
.
1,277
,
•
1,357
—
trustee,
•
925.
p.
$428,625 77 $601,435 $1,186,540 $1,833,440
7,909 ' 7; 4,8837> ; 20,168 16,345
Rent for lease of roads
77-7/77.:v
7.:U;
and equipment —— -7'7 5,366
7 5,366
.
18,272
7 18.250
Interest on debt——
271,052
268,610
7 812,874 7 803,334
2,180,837 1
2,036,412
V
61,724
1, 1942.
$4.65
155,
.
1,132,549
p.
iQTfi
*3 nm on*
r? •'$3,05JfS
$6
$6.84
Month—1041
.
Net ry. oper. income..
'
94,440
month and $375,000 for
15, 193Q
and int.
dated July
bonds
been called for redemption as of June 1, 1942 at par
at-the ;rate of 3% per annum from Jan. 1, 1942 to June
have
'
. ...
$3,291,658
Other income ........
.
1,282,500
1,233,588
amounts
$4 484 Hon
$9 12
,.$2.12
$3,302,649
Joint facll. rents (net),
3,325,000
the
$6.721,518
3.518,284 .-3.671.313
Total income —:
"
Mtscell. inc., deductions.;
1,282,500
to
52.43
iQ42
31—
rJltl
*
;
3,325,000
tIncludes
lneaire;—'
$8,003,174
$1392 116
-
$2 43
.
Railway tax accrUals— 7 7295,468
7
the
.
5,525,756
;.
v
»74
.
leasehold
'
Balance
fvarsny
of
106,875
•;
Shcrmail
'
-
Net oper. revenue:
...
174,521
:
:f^a^ed^tocon-
-Min
'1710
meeting
a
277,083
-
-
Bonds Called for Redemption—
at
106,875
'
"
J-'",,
-
.
■
$1, both payable May 5 to holders of record April 28. This com- .
wrAf
%78n 084
pares* with 15 cents per share paid on these issues on March 19, last,stocks for
and on March 28, May 5, June 11, July 23, Sept. 20, Nov.
15 and
Dividends applic. to pref. stocks for
Dec.
23,
Mar
Operating expenses
.
•
257,113
150,485- v
r-
par
-
$1 593 309
earning"*
period End
$826,936(1,174,064 $11,399,074 $14,458,424
struction (credit)
816,048
Operating revenues
,277,083
on
$2,268,164
*°n 656,000 shares of capital stock outstanding.—V.
L'"'. *v 7
?j\
mtge. bonds
non-cumul. partic. pref. stock,
$1. and on the 6%
—
ex*
taxes..
2.8i5
— The directors have declared a dividend of 10 cents per share on the
stock,
$1.50
"
$824,121
Interest
242,8901^258,275 -l,l62,929-ri;o5<722
A
iricome
s£e
*Pei
"
Interest on debentures.
other int. & deductions
-
«mmh~IUIM»•sssss
"
$2,388,267
—
m snare earnings—
1942—Month—1941
1942—12 Mos.—1941
$3,762,392 3,518,376 $44,075,891 $41,538,297
'
•
r7
1,938.232
1,675,594 22,291,257 20.241,482
- Gross income
-
of
Co._Earnings_
Net operat. revenues.
'
Qlympia Brewing Co.—Smaller Dividend—
common
April
"
appropriations.
Amortization of llmited.
term investments —
86 563
1,601
' '
.
Nct
'
common
.
on
Other income (net,....
1
'*WW
•
•
.
'
„
■
v
S"
*WM
....
.
n'oss
i.uoa
80 SS7
?M43
!,e.nr.f;..0,peuln,«me„"""tii5 66,734
•Deficit.—V. 155, p.. 1410.
$27,974
4o!
jui
v
794.958
Gross income
»
\
elected
serve
$27 974
$25,614
,
*4«
741
MwlS
SSfrorraUway
direct
These
>,
•
'U'otow
&t.c'^e!hgr^«?nC»«H:r
ml'Ms vSS
other taxes
—
"
Property retirement xe->;
•
>
tQ«Q
-
$25 614
"•
'
revenues
Operating expenses,
»
loan
'
3122 124
Gijg from railway
i; $103,807
SSSiSSLE hSji;""
tbm
Net'ry. oper. income_„
29,705
■
;
:ioii
•
'
•,
eluding
' -tda.9
...
. v
*
were
Period End. Mar. 31—
"
'
.
p#wer &
i27,Wb
205-385
_
Ineome deduction.
mfhard,'
P* 698,
*127826
Oklahoma City-Ada-Atoka Ry.—Earnings—
r
on a ^
prefv stpck. payablo July l to holders of record
directors
new
'
^1942—3Mos.—1941^ T'1942—12 Mos.—1941 1
Other mcome__.----.--
.
New York, and Captain J. H. Carmichael, Vice-President: Mr. Richards
and Mr. Hann were members of the board eight years ago.—V. 155,
-
56,747
>
the
direct,
may
• > •
v-J ■'
a***
.
declared- the regular quarterly dividend
,
s.
••
7wjrii-
...
on
pending.
Period End. Mar. 31—
1941-
,
.
- in that' area
as the court
A
;'••■
Consolidated Income-Account
-consumers
gas
are
sales in therms..'-- 218,976,135 196,975,335 804,787,466 767,344,568
Operating, revenues/— $12,431,146 $11,544,804 $43,633,170 $41,971,479
Oper. (ftps, and taxes 10,285,768- "9,534,915 - 36,792,925 36,307.682
;
Pennsylvania Central Airlines Corp.—New Directors—■ ^
7:7f-,r77.7tFCderal
.■v;:
cases
a,A:;>
'7: 7/;;■..:V:VPerc Marquette Ry.—Earnings—
■
:•
«56 747
oiSi'Im
158,409
*249>362
to'the
>
,■
;
••
20 cents each; and Oct. 1 and Dec. 27, 25
V. 155, p. io»4.
;,
82-633
and July 1,
1
per share^on th^ lst
• ;v
\'-7
IS c??
1
'
^1,902
71,577
•
P'
•
^6,541
'
"
'
'
.
,
..
Francisco,'
y'u
•
1941, the following payments were made
April
June 17.
-1941
*
<
1940 f.- r '! 1939 7
$239,313 ;-$242,0527 ;v$25i,168
)
Marili—
' : '^ 7 " '1942 '
irom railway.:—
$329,668
from railway—32,243
•
'
"
Pacific RR—Earnings-.
,
cents each.
The directors also
provisions for Federal taxes of $9,788 for the current
month and $21,094 for the 12 months ended Feb. 28, 1942, additional
to
the- amounts required under the Revenue Act of 1941.—V. 155,
'Northwestern
San
A--"-;•
-.
on "*• 22, las1,and two
;
^
During
stock:
.
_-r———..—$171,712^^ . $13
—
•Includes
last.
-
334,199
-
(including this company), asking
that uthe excess charges '
made by Natural Gas Pipeline Co. of Ameflci;'with' respect to gas.
distributed in the Chicago area,be paidinto court to be distributed
directors on April 28
The
$468,256
334,199
$39,464
$61,324
income
V
-r-
:
Net
■•►
declared a regular quarterly dividend of
- 25
cents per share on the common stdck, payable July 1 to holders Of
713 < record June 15. A distribution of 25 cents was also made on April 1,
71,765
;
'
chgd; to con(credit).
Struetion
St.,
."••'A
-■1 A
-
Paramount Pictures, Inc.—Common Stock Placed
Regular Dividend Basis- .
«
.
..
'
121988
J.... 49,081
;
tS
v-
$Sa3 9i8
$996,99[}
Ull
'
M50
deducts,
and
$94,294
California
y
•
directors have declared a dividend of two cents per share Ort
non-cumulative preferred stock, par $1, payable May 5
holders of record April 28.- This compares with four cents per share:
;.
Gross
464
- '•
Co.,
v« ■'
6%
the
-$97s$93K" $946,m
Other income
(net)-.
138
^
Dm
1,660
274
_
Monday, May-4,-1942
1
,
panies
Pacific Wood Products Corp.—Two-Cent Dividend—
'
795 nnn
^nn non
25,000
.
A
investments
term
25.°00 -
:
American Trust
155, p. 1604.,_.*■ -•.■■;
City and
Calif.—V.
'
■Tiimitid:
\
_
outstanding at .Wly .•BtoiA .Pamew^rast Co., 22 Wttliam St., N.;.Y.
'
,y ^
2,658,521
2,510,400
- - 280,807"-' * 141,278
609,953
625,524
,
Definitive first refunding mortgage series K 3% bonds due June
1971, are noyr_ready to be exchanged for temporary bonds^now
t
•
•Federal "income
Other
.1942—12 Mos.—1941 .»•
$4,786,695 $4;549,166.
exclud.
..
Pacific Qas:&
Co-Earnings-. :
1942—Month—1941
$438,379
$406,114
revenues
expenses,
THE COMMERCIAL & FINANCIAL CHRONICLE
V
Electric
Northwestern
^•Oper.
*w,ra«iimmwtMa^^
>
'
.
Period Ended Feb. 28—
.
Wl'.yw.
ji'u
■''"'li ..""'V
■!>#(WLlW y
"WHlWl
A •160,676
A 117,013
1 A: 89,480
36,330 iA, 113,281
: A u7I,742A^
50,864
;
.-^U5,p'1316,
Gwratir!r
•f
exehid
evns
direct
\
«
.
,24t335.
•Federal income taxes._
...
55,2891.
-
608,892
.
/ 57,908
;
-
-
pornpHf
n
A
■
.
$162,5.41.
^
^.19,148.,
Grosq
'
inrnrtip
Tnter^fc
$181,689
r
•
,
A
192,
134
;
R4ft
$2,041,833
$2,171,982
a; Dri,i3o :
;
*9 ft4n 7oi
«9
«tqs nn
rtw* 'tntui
<109
f—
'
'
.
,
fi99UtV
tQ47
x'
*
'1*$^
'
n
,
4H9*r
A
J*
.7 '
A/
-•
a%ti
nn
fixed price. Of 37 net.
^
George A. Rannev. Chairman,
Rannev
\
states:
•
v
;
.
•
.
I
states;
>
'
:
.
,
A ; >A
A'- ^V'A'"^An^r"7^'fc",:y
M'a Pittsburgh^West ViF^ihift. Ry^JEarnings--'
March-^ :• •'
^
*"/.
1942 ., k/ t
1941''— 1940
cormpon(lin& 9llarter a£194L*
On. March
■
persons who become holders of.the prior preferred stock after May 19
and on or before May 29, by reason of exchanger of shares bf< the class 1
B - preferred^ atoek Tor prkn*.- preferred stock first-series, 5%%-,; andclass, A -5% • preferred stock under the -presently effective exchange
0ffer
y
155
p
1684
'
.
^
.<
"
'
•
Chairman
Total £?* sales in therms _during the first quarter of this year
;
co»
:
Dealers discount,* $}.
George A
OUarter ReDOrt
i)ri4,29^ ii?7
^The* directors on April-23 declBred a dividend of 42.75 per share on
the 5^% first series prior preferred stock; payablb June I to? holders of
record May 19.
A like amount was distributed on this issue; on
>'
p"
A
^
:
-
$198,844
•'
t uu
r
n.irA
* c+««i,
Peoples Gas Light & Coke Co.—Stock .Offered-^Glore, • *; March 2, last, and on Dec. 19, 1941. ' av. v * a
• a
-A •
Forgan & CO; Offered after the close of business April ;
The direetorsr-announced thafr provision waa made4o set -aside'-suf-4
; 29 a'block of 3,800 shares Of capital Stock (par $100) at : fici«nt .funds to make a .payment;equivalent tq. this dividend^.to ajl
$1,814,209.
;
"
.
Sl^t49,271 "
:,'-18^764^';J;.22.ifi2A;'--:U- 222,711
br4i.mrB2i
utin
'
$180,080
:
J
694,900
.
a
a
dpfMti
>T::
>
'615,028 A
r
A
809,900 "
.
,
^
368,163
-
v
capital stock, class B (271,774 shares), $2,718rcapital surplus, $261,839;
2,835^178
497,237
u'a v.,'-;
i?:'4 Operating- income—.:
other^ihcome, (net)-— ;
16, the. U. S. Supreme Court sustained the.order of the
*:
J
1939v
..
:
Fqderal PbwerACpmmission, ..entered in July, 1940; whicit had directed -p Gross from railwayL-.ii A $433,198 'A $463,548, - $326j727
$266;724
a ^reduction
in the, rates of» Natural Gas Pipeline Company of ,: Not from railwayu.A.> -149,436 • 190,705- —108,674
73,875;
; :a ; ? 16'JbT
rr\ §n:
r'rAXd
;> 163,077 :
86,374 - A 59,775
^ cng<1; to Xionstruct.
^ ctmSS
fri,277,
pr43Q 1 Ariierica to the extent of $3:730,000 per annumr~ The effect of that ;.Net ry. oper. income-^ ;': 125,486
order will-be-to, reduce the. cost, to this-company-of gas distributed
y
Frern Jam i— - V: .
A* ; v ,
j
v'-A
''A
;
*71 B76- tQ7 93otvcut fid*
-jo*
in. Chicago by approximately $2,400,000 per annum.
The greater
Gross from railway;
1,302,189. »1,201,371 -1t064,663 : " 797,033'
Dividends flDOlTrftblT to nreferred storks
'
: - 4«u,,.7?,
; pajti of^this- reduction hV cost Fill be. offset by Federal, taxes upon,.; Net from railwayv- 449,£49*- v <436*040,:
-35-1,196 • .236,726
Diviaenas applicable to preferred stocks---^-.. ,, 458,478
458,478 - ^ resulting, increase.ia this,company's earnings.. The excess charges
Net ry. oper. .income-^: - 382,313379,^06
, 303,326,r A;200,96i
Bninnce
«9d9 i7o
'
o97
paid by the company from Sept. 1, 1940, to March 31, 1942, applicable
-r-V.155, p. l415.
; "
.""
y A
;'A-y - a- y.-~ ■; .yr.
^amnce
$419,827, t<J gag distributed in Chicago," were approximately $4,000,000; The
'
r...
- v
-;
-r-'-V):' T-A"-A.
V,
tochidw p visions, for. Fi^eral taxes, -qf. $.^7,802 for. the current ^ultimate; disposition ;of this mohey w4h depend upon fheaction of -thfe
y Plymouth Rubber-•■€k>a^PaysV$l?,'3>ivideHdP^Vv'-:^»A,-y,,
month and
on
Otheraint
-
3,130,732
y
40,082
1
Pittsburgh Steel Co.~$2.75 Prior Preferred Dividend
ferred income, $4,894; capital stock, class A (118,673 shares),- $712,038;
?
Net.: oper, reven ues—Rent 'fr.. lease of plants.
-
»
.
57,903
AmorUz. of limited,term.
Investments ——
,
v
' 54,729- • -
Property retire; -reserve
appropriations
„
22^,346
72,377
Otherr taxes'
*$556,705$6,861,163.; $6,462,67.4
'
-
;mtire"
and
bonds
"
85 417
; 24*355
deducts
"
-
*85*417
16*767
l
"
M^'ooo
*316*339
"l
ms'ono
254813
^
.
.
'
;
,
r
s
.
$34,129
amouriW
•
.
•':
for the
r«luired
p.*1684;
months
«nder
•;
'A
12
_
,'
;
y
Feb,
ended
the -Revenue
28,
1942, additional
Aet 'pf
VA'/*'"; r,y •
yr.t; •••■At"
courts
1941;^''155,^
-
V -"-A.
!
v
i
/
.
and
also
will
involve
the
question
of
Federal
cannot.be predicted with certainty at this time.
j
.
• -
,
* a
taxes
1 -'
and
,
V
hence-
;
;.
-
Two suits were filed' on'March-16 by certain- gas consumers, one
At'i Ki\
"
sf
i
.;»•
L
-i.
i
t-
?»
^
^
.,
.
;
^
v-
v
1
^
.
'** *lSf''
;class B common»stockr-no1 par.yajue, to/folders.of record ,March lO*;
a
'A AA
'
■
-
■-* ■
y;'
'
A'
V'x<
Volume 155
*
' Number 4069
THE COMMERCIAL & FINANCIAL CHRONICLE
♦Thig compare*, with $3 per* shaife'-paid on Dec. 3, 1941, and $1 on .Dec.
15, 193.9.—V. 112, .p. 67.
00.- [0'
y./>>r
>
Poor & Co.—Accumulated Dividend— *
The
directors
'account
6f
have
declared
of
dividend
a
37 Va
00 0 '■
'
J
'''000,0 *'%
cents
share
per
Portland Gas & Coke Co.—Earnings—
>< Period Ended Feb: 28—
1942—Month—1941
1
Operating exps., exclud.
taxes
235,925
•Federal-income taxes—--
Amortiz.of
•
.Gross
y
-$3,483,996
•
from
inc.
(net-)»X-i y £■; :u;
and
103
Gross
chgd.
to
$304,911
__
net .inc.
Dr2,853
Drl,482
•r.
$66,071 >>-$902,496"'
■
*
38,675 : >
:
deducts.
3,393
•
construct.
'
■
%
Cr6,125
Surplus—
$39,092
455,793
0, 31,487 >
2,609
-• .1
33,629
•
'
Cr32,737
i.„.
railway——
•Includes
-proyisions' for
££
'
Net
$$166,019
$17,786
$6,431 for the current
month and $7,065 for the 12 months ended Feb. 28, 1942, additional to
the amounts-required under the Revenue-Act of-1941.
•„
-
Net
1942.
Dividends
these
on
stocks
~~V. 155, p. 1684.
;■;
■
Federal
-
Combined
of
Income
Constituent
(After
Elimination
of
to
Operating
Operating
v
;
1
Mar.
Items)
1941] .
6,
March—
Gross
Net
Years End. Mar. 31
3 Mos. End.
Period—
Sept.
and taxes—
31,*42
1941
1942
4,789,812
17,669,300
$1,628,325
$6,555,408
Drl56,185
$6,217,605
$1,606,423
$6,399,222
$6,016,422
866,895
3,415,822
3,183,690
•$739,528
operating income—
income
$2,983,400
$2,832,731
—
894,85).
>>
-
j.
to
$111,093
for
the
1942
Potomac
1942
from
Net
ry.
—V.
Dr201,183
X
1940
$942,854
300,997
133,947
3,386,235
2,706,405
"1,321,644
842,454
647,010
->
payments
1941,
Grossincome
—
__
Net income
—
-----
•
-
of
pref. stock at
yield 4%.
the
at
$125,000;
reserve,
earned
Assets—Utility
fund,
$6,518,239
of
end
period,
$852,638.
266,812
ness
including intangibles, $110,542,769; construc¬
investments, $638,895; current assets (including
$11,707,127;
deferred < debits,
$5,262,606;
total,
cash),
$128,731,743.
>
■
-
•
The
credits,
$879,541;
at
reserves
total, $128,731,743.—V.
155, p.
1684.
Public Service Co. of New Hampshire—New
Avery
has
S.
R.
Schiller,
elected
been
who
Vice-President
was
President
and
and
P.
the
succeed
late
t
Pres., etc.
Manager to succeed
Chairman of the board.
Rolland
Governor
H.
Walter
director
a
Spaulding.—V.
155,
of
the
the
common
similar
stock,
declared-a. dividend
payable June
distribution
made
was
15
to
16,
cents
25
holders
March
on
of
of
share
per
to
•
.,
of
;.
,
.
fixed
of
share of
one
of
thereafter,
but
stock
common
on
for
will not declare
company
be
for
Convertible
one
share
any
the shares of its
the
into
common
share
of
preferred
stock;
dividend
stock
into
its
on
common
stock
the conversion right, the holder will have the
right to convert the
preferred stock into common stock at any time prior to the redemption
date.
Preferred stock will have precedence over the common stock both
as to earnings and as to assets.
Queens Borough Gas and Electric Co.—Earningsperiod Ended March 31r4
Operating
Oper.
1942—3 Mos.—1941
-
$1,403,870
revenues
1942—12 Mos.—1941
$5,570,599
$1,318,948
1,095,866
;
4,549,386
$1,021,213
Other
income,
net
16,796
,
$998,425
♦Net profit
Earnings per
66,402
60,078
•After
$1,087,615
$1,058,503
Increase
15,339
; ;
Net
Gross
Int.
on
Other
Net
-V.
$261,812
.
long-term debt- >
interest——;-—
Amortiz.
and
income,
of
debt
'
187,172
187,172
11,662
•
'
748,690
<•
„
748,690
21,850
48,614
disct.
'
169
expense; etc.——
income—
155, p.
$238,421
.
Cr506
$67,577
.
3,719
>
$40,093
10,219
$313,356.
$250,980
1685.
If
called
31, 1948; $50 per share after
redemption prior to the expiration of
for
*
of
•
v
$193,097
$0.47
The
have declared a. dividend of $6 per share on the.
payable May 15 to holders of record April 24.
This
payments will be made on the new common stock which resulted
from the change in capitalization in March,
1939, whereby one-half
share
mon
directors
of
stock,
present
share
then
stock
common
held..
The
issued in
was
last
payment
on
exchange for each com¬
the common stock was
$3 per share In 1926.—V. 155, p. 366.
___>
equip,
on
trust obligations
and
:
Court
been
"
hearings
on
over
,
<
-
\,\
Rutland
Gross
Net
RR.—Earnings—v
the
first
railway
railway
Net ry. oper.
From
Gross
Net
from
Net
ry.
1940
1939
$315,625
$285,760
$282,194
38,059
9,243
58,566
income
Jan.
from
1941
"
40,027.
28,713-
11,391
18,014
*9,608
818,287
■
Total
81,640
operating
modified plan
a
i
^__
>
4,278,045
::
Crl80,815
Total
$16,618,659
85,398
railway—:
1
income
oper.
"Deficit.—V.
155,
p.
R.
C. A. Communications, Inc.—Earnings—
Period Ended Feb. 28—
Total
oper.
revenues
Total
oper.
1942—1 Month—1941
*37,083
16,788
227,322
$5,279,291
253,276
173,037
:
$12,550,931
$5,452,328
charges___.
26,043
17,961
$12,457,367
12,681,030
$5,361,609
12,626,118
"
$7,264,510
Rentals-'
58,449
Miscellaneous tax
Balance
accruals
available for
fixed
on
deductions-
$779,635
$758,310
464,127
443,457
$1,604,110
980,544
$1,536,819
The
directors
interest
charge obligations..:
deficit
•
'
'
7'
$
;
and-equipment property
Net
Other
oper,
revenues—.
communic.
;
$315,508
inc..
Operating income—_
Ordinary income, non¬
$314,853
,
4,044
$319,552
2,749.
-
925,122
investments
>
balances, Dr
agents and conductors
.__—
accounts
Material
$623,566
$611,697
Total
7,356
common
Gross
Net
ord.
from
ord.
*4,523
Net
999
$315,029
$319,441
$631,956
$618,154
44,660
inc.
March—
from
35,453
55,244
71,009
from railway
ry.
oper.
Income
From
Jan.
$270,369 "
"$283,988
•"*2"66O
income
$272,301
from net
inc..
$576,712
$547,145
1,932
1,932
$281,988,
220,100
113,800
250
vriooo
$578,394
$545,145, *
370,100
230,1001;
-earned-surplus—_u
♦Deficit.—V.
-
$52,201
155, p. 1213.
,
$168,188
$208,294
$315,045
-
<
.
\
,
,
$1,195,886
stock
,
and
65,543,226
900
payable.,.
payable
:
4,871,819
2,767,919
142,585
tax
interest
Other
current
Total
deferred
2,504,847
accrued
12,549
125,745
142,614
1,988,389
261,596
1,673,515
110,534,299
98,457,097
50,735,105
51,168,873
100,191,578
98,845,740
liability
1939
2,289,265
.
199,594
$956,131
239,955
90<3
256,288
matured
1940
2,241,537
^
unpaid-—132,242
Dividends matured unpaid
—s
12,503
Interest
1941
414,133
65,543,226
!
wages
accounts
$777,400
3,278,131
3,104,913
49,157,400
49,157,400
886,906
893,829
284,686,062 286.143,062
construction—
accounts
Accrued
$740,560
285,777
197,416
^
.
J
long-term debt
Unmatured
Ry. -Earnings-
10,023
222,065
liabilities
——
liabilities——
—
—
276,573
1—
Gross
from
from
Net
ry.
—V.
railway
railway.:.
income™
oper.
155,
p.
>
585,364
341,249
514,846
Total unadjusted
401,037
Total
1,567,681 v:
974,995
954,520
683,279
676,246
930,481
deficit
St. Louis-San Francisco Railway—Annual Report—
469,000,902 457,733,996
Earnings
Net
from
from
>
railway
railway——
of
Company
1942
$6,043,541
1,774,542
Net ry. oper. income™.
1,478,312
From Jan. 1—> •?> v>
'
*Gross from railway—
16,524,420
Net from railway—
4,262,385
Net ry. oper. income
3,569,649
♦Deficit.—V. 155, p. 1605.
:
report, just issued by J. M. Kurn and John G. Lons¬
trustees, indicates that the road continues to show improve¬
ment, both financially and physically.
>>■./,; ■>>>'■
Total operating
revenues
for the year 1941 were $61,835,203, an
increase of $13,654,232, or 28.3%, as compared with the
year 1940.
—
:
March—
1417.
The annual
credits—
1,250,709
1,108,509
corporate
Total
Gross
dale,
Net income transf. to
& Mexico
1942
>>
railway™.
Net
Net
income—___r
Fxtraord. inc., credits—
Extraord. inc., charges.
Deducts,
1,034
Net
incomeord.
1,839
'
,
—
Gross
communication
Deducts.
$617,155
7,472,925
•>
,-
aid of
Miscellaneous
5,458
$630,922 >;
debits
3,763
...
170,803
stock, series •••A,:r--.-rr--~---—~-A---'
preferred
Total
4,041,504
469,000,902 457,733,996
Liabilities—
Audited
St. Louis Brownsville
$317,602
receivable.
_L__
Grants in
677,944
1,536,357
4,817,107
3,423
15,557
—
unadjusted
Total
46,528
726,515
262,640
2,528,546
.-—
assets
similar distribution
20,
receivable—:
Interest and dividends
Deferred
10,116,087
"
962,770
686,000
supplies
Other current assets
•
541,177
—
car-service
and
$
47,278
deposits
Traffic and
1940
14,365,207
14,370,428
::
Special
-
v
14,563,706
Temporary cash investments
6%
April 23 declared a dividend of 25 cents per share
stock, payable May 20 to holders of record May 9. A
was made on Feb.
20, last, and on Feb. 20, May 20
Aug. 20, 1941, which were followed by payments of $1.25 on Nov.
1941, and $1 on Dec, 30, 1941.—V. 155, p. 508.
>
the
on
8,737
,
422,821,181. 422,620,449
Common stock
on
"$223,663
1941
Assets—
Road
and
.
64,022
9,073 V,
Consolidated General Balance Sheet, Dec. 31
*76,717
1605.
Saco-Lowell Shops—To Pay 25-Cent Dividend—
1942—2 Mos.—1941
3,919,063
Cr385,187
$12,297,655
income-
Income
Interest
$9,040,489
«
223,775
non-operating income
Gross
*
5,095.20
.
$61,835,203 $48iI80,971
45,216,544
39,140,482
expenses
operating
^
>;>:'J(1940'' ;
5,046.53
equipment, net_____::
Joint facility rents, net
railway
ijyJ, yet
Income Account, Years Ended Dec; 31"'
of
Net
any
Court
with the Court.
decision has
Hire
*8,238
975,570
for
District
Net operating revenue ___!
:
Railway tax accruals—™—.™!..
777.465
136,366
843,150
20,160
;
1—
railway
S.
M
Miscellaneous
,
1942
$345,028
,
from
from
,
'
,
U.
1941
Bal&ncei
97%
or
operation
money
hf-i- ,>
the
1941 but
'
Consolidated
V
a
Cash
$217,317,
from the
-no
company ;v and another by
Several hearings were held and
1940, filed
conducted during
were
rendered.
v '
Nov. 30,
Average mileage operated
Total operating revenues
•
quarter of
1941.
Provision
for Federal
income
and
excess
profits taxes and
contingencies for the first quarter of 1942 was $363,000, an increase
$275,570, or 315% over the same period of 1941.-1—V. 155, p. 1219.
March—
*
$53,686)836
the bondholders protective committees.
the Commission
Other
>
3,160,689
variousv
_
$551,844,
of
4,130,506
■
238,000
These payments were made out of funds derived
the trust estate.
The trustees have borrowed
the March quarter of 1942 amounted to
$5,805,569, an
$1,547,157, or 26% over net sales of $4,258,412 in the
corresponding quarter last year.
>■'■■';> :*,>
-y*rK.^V;"
" '
Earnings before providing for Federal income and excess profits
taxes and contingencies for the first three months of this
year were
increase
-
2^59,215
mortgage bonds in hands of public
prior lien mortgage bonds in hands of public:::
interest
\f
v,
■'
consolidated
in
an
.
"coupons matured prior to Nov. 1, 1932
Preferred
'
''9*7,400
2,^64,494.
^
Ry. ref. mtge. bonds in hands
Net balance receiv. from
common
>
& M.
><>>
$19,190,000
21,346,533
;
of
"
'
S.
____!
$0.49
of
Quincy Market Cold Storage & Warehouse Co.—To
Pay $6 on Common Stock—
.
:
purpose.
i
•
r •
,
•
> Reorganization plans have been filed with
in St. Louis and with the
JCC, one by the
1941
$188,844
;
providing for all taxes.
sales
F.
Miscellaneous income
-1942
share
common
'
expenditures by the trustee follows:
Co.—Quarterly Earnings—
3 Months Ended March 31—
4,307,775
'
$245,016
1948.
Ruberoid
>■
$223,082
>■1,158,854
Operating income—
31,
C.
Total
■>■■■;
March
^
$5,306,200
deducts.
revenue
March
.
greater number of
a
—V. .155,
p. .403.
totaling
Louis-San Francisco Ry.
The amount of
lien mortgage bonds,
was
distributed
$1,000 principal amount of series A bonds,
;
on
on
interest
May
stock
common
before
pledged,
contingent interest accrued or to accrue after Jan.," 1,
the new securities to be issued under any plan of re¬
public
Additional
of
thereafter
or
bonds of St^.Louisor
prior
per
K.
Interest
if
were
as
follows: March 15 and June 16, 15 cents each; Sept.
15, 25
cents; Dec. 15, 45 cents; "and DeCi 24, a year-end dividend of 25 cents.
on
St.
to
K. C. M. & B. RR. bonds
Interest
stock
in whole or In part, at the option of the
company, on
date upon not less than 30 days* notice, on the following
basis: $53 per share if redeemed on or before March 31,
1944; $52 per
share if thereafter and on or before-March
31, 1946; $51 per share if
and
of
$11.92
on
two-month
Redeemable
May 29.
A
Payments in 1941
mortgage
public
the
of
on
of
such
additional capital funds.
1, 1942, are payable quar¬
will
30
before
or
one
prior lien
hands
provide the
stock for
common
the
and
upon
.
any dividend
on
record
last.
is
expiration
-
■
shares..
Quaker State Oil Refining Corp.—25-Cent Dividend—
directors have
issue
the
>:
-1
dividends, cumulative from May
split up
or
■
The
the
for' upon
-
to
Julyf;l;rtl933,
the
on
in
Interest
1, 1945, 7/10ths of one
preferred stock; if converted
thereafter, but on or before May 1,. 1946, 13/20ths of one share of
common stock for one share of
preferred stock; if converted thereafter
but on or before May 1, 1947, % of one share of common stock
for
one share of preferred stock.
So long as the right of conversion exists,
,
elected
of
-
the
converted
1517.
former
purpose
share
Manager,
General
subscribed
totaling $5,733,822 were, m&de
payments, totaling $4,1)7,393,1 4
authority of the Court' dated
payment of the Oct. 1, 1934, instalment
Interest
on
%
General
Wymann, who has been made
Attorney Thomas P. Cheney of Laconia has been
to
,
be
sale
interest
pursuant
Equipment trust obligations
Springfield general office building notes.:
offering, subject to allotment, at $50
accrued after May 2,
1G42, such of said
dividends
not
the
of
,
are
warrants.
proceeds
Further partial
A summary of the above
Additions and betterments
-
option of the holder at any time prior to the close of business
May 1, 1947,- on the following basis:
If converted on or before
May -1, 1943, 8/10ths of one share of common stock for one share of
preferred stock; if converted thereafter, but on or before May 1, 1944,
(including depreciation reserve of
$7,793,455), $10,767,937; contributions in aid of construction, $521,722;
earned surplus, $852,638;
"
•
terly (first dividend payable on June
period from May 1 to June 30, 1942).
stock
deferred
plus
Preferred
cumulative preferred stock (par $100), $14,818,790;
(1,107,779 shares, no par), $27,694,495; long-term debt,
$55,850,000; unsecured notes, $10,944,000; current liabilities, $6,402,619;
The bankers
shall
as
subscription
Liabilities—5%
common
May 2.
share,
shares
-
-
_
Ry.
applicable
rates
1940,
10,000 shares of convertible preferred stock are
being offered by
company to its stockholders for subscription at $50
per
under subscription warrants which expire at the close of busi¬
on
per
plant,
$580,346;
-
overdue
interest
organization.
trust
share,
..Balance Sheets March 31, 1942
.
tion
surplus at
The
the
estate, and $1,478 000
the
$12.58 per $1,000 principal amount of series B bonds
and $13.42 .per
$1,000 principal amount of series E bonds. Tho amount of
$1,688,371
applicable to bonds pledged under the consolidated
mortgage was dis¬
tributed at the rate of $12.41 per $1,000
principal amount of series A
bonds and $13.57 per $1,000 principal amount of series B
bonds., The
court order further provides that the
payments shall be credited against
$50 plus div. after May 2, to
par
of
-mortgage
$2,261,032
Offered—George D. B. Bonbright & Co., Roches¬
on April 17 offered 10,000 shares $2 cumul.
conv.
surplus at beginning of period, $700,250; surplus for three
March 31, 1942, $739,528; total, $1,439,779; preferred
dividends, $185,197; common dividends, $276,943; amount credited to
reserve for possible adjustment of utility
plant and (or) depreciation
1
7;v-;^V
a
Francisco
solidated
1939
ter, N. Y.
ended
trust
of
together with $343.67 previously undistributed.
Of, these
amounts $2,428,922 represents interest on bonds in
hands of the public
and $1,688,371 represents interest on bonds
pledged under the con¬
Rochester (N. Y.) Trust & Safe Deposit Co.—Preferred
"Earned
months
out
$2,261,092,
155, p. 1417.
Stock
the
of
for
Ry..!:'V/-">
including full
and
■
Interest and other deductions
provided
Grande
11,
interest
San
669,130
360,590
,
the operation
were
Rio
1939 and 1940.
instalment
2,367,320
•
&
partial payment of $19.06 per $1,000 bond'," ph the
1935, instalment of interest on the refunding mortgage bqnds
of- Kansas City, *Ft. Scott &
Memphis Ry. in the hands of the "public
and pledged,
totaling $1,855,858; and the unpaid palance on the Jan. 1,
1933, instalment'of interest, and a partial payment on the
266,131
112,925
:
amount
Worth
made, or provided for,
the
'
improvement budgets
1932,
1938,
of
$860,858
557,369
296,466
income—
oper.
and
April 1,
RR.—Earnings
'1941
railway—
railway.
to
as
capital.
Oct.
first
$1,278,887
from
borrowed
were-
in
&
Ft.
in
a
5,390,408
2,679,542
1,085,345
,
buildings
maintained
condition likely
to
maintenance or for deferred
trust obligations matured up to and
including ,April
have been purchased or provided for
by cash deposits, From
to April 1, 1942, inclusive, maturities of
1,
Partial
1942—12 Mos.—1941
From Jan. 1-V
Net
Net
Other
amounted
as
,
railway—
from
Gross
15,513,958
Dr21,901
expenses
943,149
$2,077,059
1,105,062
•
460,023
.,
from
railway
Net ry. oper.-income™
$6,418,137 $24,224,708 $21,731,563
revenues
$24,972
roadway,
and
operating
..-There have been paid off $80,000 of
Springfield general office build¬
ing notes, together with $17,400 in interest, up to
July 1, 1936', when
the final installment of
principal matured and wsa paid. ^
^
.
From Nov. 1, 1932, to March
1, 1942, interest totaling $2,964,494 was
paid or provided for on the bonds of Kansas
City, Memphis & Birming¬
ham RR. (which bonds matured March
1, 1934, but were not paid),
such interest being provided for in full to
March 1, 1942, on the gen¬
eral mortgage bonds
and, :income bonds.
In
addition, interest pn
equipment trust obligations and various interest
coupons matured prior
to Nov. 1, 1932,
aggregating $238,000 were paid,,
vV
5 > •;
.
,
Richmond, Fredericksburg
;
Intercompany
Corporations for Periods Prior
taxes
only
to
recourse
principal
the
comparable
quarter of. 1941.
provision for excess profits taxes for
that period. ttWithout
provision for excess profits taxes.—V. 155, p. 952.
V
Public Service Co. of Indiana, Inc.-rEamings—;<
Unci.
income
against
tAfter deducting $603,174
including
improved
or
,
1942,
of
1,289,292
$2,164,165 $13,635,538 $11,251,552
..105,732
.2,080,464
1,167,842
t79,p79
$846,977
tt85D,053.
.
1166,640
normal
quarter
so
traffic
are fully adequate to
preserve that-status, which
attianed wholly out of the resources
of the trust estate with¬
.
$4,595,789
■
18,463,789
15,195,728
13,326,774
6,317,031" i 4,360,424* *3,675.929
4,018,609
2,856,953
2,559,258
i
.
$2,698,056
279,608
profit
property,
been
any
no
the trustees out of
1939
r.
$4,920,077
>1,495,587
1942—3 Mos.—1941
——
•
,
All equipment
,
1,
"Before making provision for Federal normal income
taxes and excess
profits taxes and interest.
tAfter provision for Federal normal income
taxes, but before provision for excess profits' taxes.
Provision for
JDeficit.
cumulative.
are
profit
is
the
has
the current year
out
v.
,
tDividends accumulated and unpaid to Feb. 28, 1942,. amounted to
$3,300,815. Latest dividends, amounting to $0.88 a share on 7% pre¬
ferred stock and $0.75 a share on 6%
preferred stock, were paid on
2,
1940
r
> 1,408,764
[Exclusive of company's share of earnings of Frank Corp.]
sales
"Net
'I
Feb.
for
Reliable Stores Corp. (&
Subs.)—Earnings—*
^
There
has been
"
Cr928
—
of
Federal .taxes
1941
.
$6,648,320
'2,441,199
22,135,178
6,973,118'
3,666,872
,
,
principal and
Of this total, $17,052,000,
representing
icipal, and $4,294,532, representing interest, have been
provided for
.1,645,875
railway-:-
report' that
liability for deferred
necessary improvements and the maintenance
$33,059
.
trustees
occur.
V $45,353
385,638 " : ,->>>>12,294
$107,550
.
interest aggregated $22,824,532.
$8,268,514
Period End. Mar. 31— "
0J,
625
$493,188
$21,064"
The
and rolling
equipment,
effectively provide for
k
.
income-^.——_L—$45,229
$24,787 >( $447,953 > $264,148
tDividends applicable to preferred stocks—--430,167
430,167
J:
I.
Now
railway—3,028,068
Net ry. oper., income-—.
—V. 155, p. 1518.
Net
——
34,235
$45,978
375'
7,897
•
1942
from
from
Net.from railway
$773,698
476,849
•
'
Balance
■'!-l
,
$493,563,.
$28,961
/
265,819
Net ry.-.oper. income—:
From Jan. 1—
$776,551
.,$903,978;-
$66,397
Dr325
"
Int.
r188
v
;
.
Revenue
and
transfers
Gross1 from
int.
inc.
March—
•
578,791
* .* $29,274'
:
313
$305,099
,
,
*
from carrying United States
mail, from express, switching
incidentals, for the past year, ..totaled
$4,913,047, which was an
increase of
$647,739, or 15.2%, over 1940>
."' Y.
$11,743
:
Reading Co.—Earnings—
278,000
Net
$80,329
22,857
"Deficit.—V. 155, p. 1218.
'
Other
ord.
to earned
17,039
412,915
112
revenues.:.
" 130,706
•$85,228
*.
>
,
275,000
22,916
Gross inc(>mej:l'i_-ll' if >$80;004
£>
Interest on mtge. bonds >'>*'>-'37,507
,
•
350,151
income
"Net income
Deducts* from
2,002,388
;
72,893
393,684
•
Other income
ord.
Deducts,
limited-term
Net oper.
$6,417 >
:
2
•
j.'-
,
?
0^,1
eommunication
;
.
2,193,906
1,424
investments a'
■1
j1"
i
'I'';'/y:;
-
■i-V"*/ -'^'i '"?! ;• 'V
189,339
*
*
Net
41,329
22,916
64,980
,
:■■>,»>
"
43,466V
>
$142,449
V
.188,707
..22,175
Other taxes"
*
Property "retire, 'reserve
y ^appropriationsi
;
95,311. "?
$104,111-
>.
12—MoS.—1941
$3,839,573
-
v-*$45,052:
,
direct
deducts.:—' 1
oper.
y
-
1942—2 Mos.—1941
$71,397
,
.
1757
The total yield from transportation of
freight in 1941 was $51,998,110.
an increase over 1940 of
$11,256,720, or 27.6%.
The transportation
of passengers produced a revenue
in
1941
of
$4,924,046, which was $1,749,772, or 55.1
%> more than the correspondJng revenue in 1940. o
.
;
> :
on
>• ,JV-if,v..
1942
$320,773
Operating --.revenues$404,811
1942—Month—1941
$50,259
accumulations
.no .par
.
-
?
revenues—1.
oper.
Total
each; Sept.-l, 87V2 cents; and Dec. 1, $1.37Va.—V, 155, p. 508..
:
Corp.: of America—Earnings—
Period Ended Feb. 28—
Total
on', the
$1.50 "cumul. and partic. class A
.value,payable June 1, to, holders of record May 15. - A
^similar amount.was distributed on March 1, 1942, while during 1941,
the following
payments were made: March 1 and June l, 371/* cents
»:stock,
Kadiomarine
.h
.
-
Only
1941
$4,622,898
1,222,724
959,322
:
13,069,256
1940
$3,523,132
350,481
1939
$3,558,581
429,375
44,485
68,534
10,685,903
10,121,453
3,270,640
1,132,812
899,327
2,484,697
262,421
*53,278
THE COMMERCIAL & FINANCIAL CHRONICLE
1758
St. Louis San Francisco & Texas Ry.—Earnings—
from
Net
ry.
$146,117
$96,889
$103,607
39,656
36,348
*8,191
*2,365
2,758
2,705
*41,256
income.—
From Jan. 1—
from
Gross
Net
from
Net
ry.
distribution
of
January,
1941,
In
Harkness
at
estate
Standard
Oil. .stock
500,000
$34.50
shares
share.
a
since
shares
390,060
307,632
79,421
*7,351
19,810
*19,519
*107,791
Stewart-Warner Corp.
331,637
142,563
sold
was
from
155,
the
estate.
same
;
Comparative Consolidated
Income
Statement
due
due
Bank.
Hanover
&
1942,
will
Trust
be
the first
on
from
Gross
Net
from
Net
ry.
railway——,
from
Net
1940
railway—,.—
•Deficit.—V.
income
155, p, 1417.
from
$108,123
$117,019
19,231
*20,207
*11,832
*23,789
393,810
22,125
103,555
299,796
329,140'
Net profit carried to surplus—
Earnings per share on capital stock
360,018
36,020
*60,277
*78,964
,,
*62,401
Cash
V.
See
dividend
of
50
per
Canadian
and
receivable
at
$0.30
1941
$1,146,833
108,500
(less reserve)
'7,465,305
5,650,609
:
—8,664,645
549,720
_—_
Supplies, prepaid expenses
Land & buildings not used
.
6,925,009
522,956
receivables
—
1,080,053
—___„
in operations
739,783
67,377..
-
equipment at cost (less reserve)
364,817
.
6,855,095
Patents, licenses, and goodwill——
6,907,376
1
1
*
-
•
*
2,605,321
^
^
C
.. r
1
'
k
f
t
1,021,351
1
'
'
^
j
1
»
n
H.
Kann, President; states :ln
the
six
months
ended
part:
Jan.
...
1942,
«
>
•
.
enjoyed net
sales
of
$3,971,269,
resulting in
a
net
profit, after depreciation,
amortization, and
extraordinary
charges, but before Federal and
State income taxes, -of $620,933.
The foregoing compares with net
sales of. $1,113,072-and net profit of $155,810 for the six .months'
period ending Jan. 31, 1941.
On
account
of recent regulations of
the War Department, com¬
pany is unable
to furnish figures as to unfilled orders.
However,
present unfilled orders are substantial, and shipments are satisfactory.
Directors have declared a dividend of
7Vi cents, payable May 1,
1942.
This includes an extra dividend of 2'/2 cents.
While earnings
might be considered to justify the payment of a somewhat larger
dividend, nevertheless it was felt- that a conservative policy should
be adopted in regard to conserving company's cash,
largely because
of
income tax requirements and
the tremendously increased payroll
required on account of the company's greatly enlarged operations.
$381,337
cost__^_„
'
.
10,469,911
Triumph Explosives, Inc.—Semi-Annual Report—
1942
$6,365,344
bonds
(
.
G.
182,667
$0.54
31,
427,448
.
been called for redemption as of June 1, 1942,' at 102 and- int.
Payment will be made at the Central Hanover Bank & Trust Co.,
trustee, 70 Broadway, New rYork City.—V. 154, p. 871,
.
7 -^'
-
$690,777
March
hand
Govt,
and notes
Non-current
Plant &
~
645,802
_
Sheet
Inventories
cents
508.
155, p.
Balance
'
For
1942
banks and on
in
S.
Accounts
a
'
-
\7 372,519
-"
have
319,874
257,694
-
.
Assets—
U.
,y
,
Consolidated
v
39,459
13,490
share on
the common stock, payable May 21 to holders of record May 11.
A
like amount
was
paid on March 2, last, as compared with $1 per
share on Nov. 21 and Dec. 15, 1941; and 75 cents on Aug. 18, 1941.
declared
have
directors
611,607
2,014,425
965,302
::
railway
_
$3,700,981
Toledo Edison Co.—Debentures Called— ;
total of $64,000 of 3%% sinking fund debentures due April 1, 1960,
$1,141,572
><
Normal,-surtax-and capital stock taxes———
Excess profits tax
—
—.i— :
Estimated additional tax liability upon en¬
actment of proposed revenue act
i
from
1939
,
,
''.> 951,246
A
Dr33,105
••
'
*
4
$1,174,677
$3,962,611
railway...3,259,6181 :>1,409,714
oper. income... Y
626,328
- 793,488
.
1,050,831
18,913
——————:
31
9,656
Savage Arms Corp.—50rCent Dividend—
'The
——
>—.*
■>*.f*:
1940
.
19,494,168 " 12,797,837
11,228,307
Net from railway..;----Y 7,697,848 i; 4,076,430 V 2,901,482
Net ry. oper. income
3,814,9102,310,617
1,140,026
—V. 155, p. 1520.
$2,225,508
$3,945,698
1941
$4,473i065 '$3,768,436
From Jan. 1—
.
Gross
1941.
,-
Provision for taxes:
$123,916
11,712
,,
operations
income
I! Net profit
1939
*40,948
railway
oper.
ry.
1941
1—
Jan.
from
Gross
income
oper.
From
Net
railway
Other
RR.—Earnings-
1942
$132,140
2,812
.
ry.
RR.—Earnings—7
1942
$7,402,045
railway-^
from
Net
r
■1942
/
' "
March—
Net
that
paid on
San Antonio Uvalde & Gulf
March—
Profit
mortgage 4% gold bond
date at office of Central
Co., New York, N. Y.—V. 155, p. 1605, 1519.
1,
May
1989,
On
Quarter Ended March
-
Southwestern Ry.—Interest—
interest
The
certificates,
•'
Gross from
(& Subs.)-^Earns; for Quarter
Gross profit from operations
$5,045,693
Selling, admin. & general expenses—__—1,099,995
St. Louis
.Texas & "New«Orleans •
on
August, .1941,
1686.
p.
*87,446
36,042
;
150,000
of
the price was $437/8.—V.
that, occasion
the
sold
were
In
Monday, May 4,. 1942
:
523,885
railway.
income.
big
1941.
block
another
VV;„ :•
.
railway.——
oper.
the
of
*37,756
railway..
oper.
of
behalf
$175,232
railway——
from
Gross
Net
beginning
1939
1940
1941
1942
March—
third
the
marks
31,
company
'
Income Account for
Total
Scott Paper Co.—Regular Dividends—
•
cents
while
common
amount
A like
28.
May
Dec.
on
1941,
15,
extra of 20
an
last,
this issue on March 12,
paid on
regular" quarterly
cents and a
usual
the
dividends
quarterly
of
the $4.50 cumulative preferred stock, and $1
per
share on the $5.00 cumulative pref. stock, both payable Aug. 1
to holders of record July 20.—V. 155,p. 1219.
$1.12 y2
share
per
on
...
Other taxes
1
Net
Net
ry.
1,237,238
1,261,824
725,270
ry.
—V. 155, p.
13,561,775
4,498,595
3,293,510
12,111,585
2,690,128
4,395,301
income...
oper.
16,061,021
6,421,553
2,802,842
1,720,037
1,156,637
1940
1939
21,633,212
railway
from
Net
1606,-
March—
Net
From
Net
1942
1941
155, p.
income
1686.
37,588,946
7,601,076
Net
ry.
1,865,308
2,039,170
8,779,425
13,217,938
and
from
Net
ry.
1941
1940
1939
$793,363
$765,646
$630,931
•44,318
90,799
82,394
43,894
•44,266
62,517
58,488
7,458
2,486,627
281,582
188,678
2,270,956
107,132
:
60,127
180,704
Ry.—Earnings—
March—
from
ry.
,
$8,486,425
4,273,769
2,803,296
5,370,027
2,751,925
income—
2,499,197
,
$8,196,387
2,456,450
i 1,583,624
$14,440,527 $11,166,183
railway
1939
1940
,1941"
1942
.
railway
oper.
1,536,586
From Jan. 1—
Gross
Net
from
from
40,002,756
railway
railway
Net ry. oper,
13,768,600
:
income
.
7,226,019
1941
1942
earnings
—V. 155, p. 1686.
$4,544,324
.
25,312,713
23,292,354
7,134,968
4,278,194
31,058,730
11,210,861
7,224,476
Week Ended April 21
Period—
Gross
3,779,737
6,594,171
Net
from
Net
ry.
-
from
ry.
—V.
$64,906
$55,536
:
9,549
1,685
.
:f Net
583,368
railway.-—_
163,361
207,653
187,067
75,036
107,416
from
of
in
cf
a
T.C.I,
by
coke ovens.
output
&
Gas
88,112
of
2,455,773
860,092
1,038,526
418,676
1,987,921
546,857
211,193
1,874,715
1,665,496
Gross
of
the
Net
ry.
Co.
118,703
Y
"
•
and
program,; touching
.4
,
.
Gross
many
announced Nov.; 13,
was
:
1940,
....
,
new
155, p. 194.
blast furnace;
of
Net
1939
$137,809
32,259
*5,485
:
*31,669
•23,697'
tinning
494,558
404,498
384,884
V-i, 20,864
14,952
stated,-^, 155,
p. 1222.
.
.
B
,
-
*46,270
*83,536
*84,146
1941
$165,172
I
1940
$113,230
$63,672
See
I
Corp.
This
$672,240
3,628
'$368,439
'
3,101
'
$371,540
197,2581
debti._-i'.I
13.794
206,619
'-■■■'■ 14,397
■
4,245
:
and
suHaxes^-iii..-
3,436
$460,572 )^^ $147,089
244,900
33,600
$215,672
$113,489
i420.
p,
.
3,526
Associated
of
Electric Ck).—V,.
143, p.
127.;
'
1
.
;
,
Union Gas
Electric Co.—To
&
Sell
Bonds
Pri-
*
United Aircraft Corp.—Smaller Common Dividend—
The
directors
have declared a dividend of $1 per share on the com¬
par $5, payable June 15 to holders of record June 1.
This
with $2 per share paid on June 16 and Dec. 15, last year,—
stock,
.
155, p. 1421.
'
v
16,385
286,824
196,427
219,927
82,282
22,628
35,531
54,407
*4,475
9,426
Union Pacific RR.—45th Annual Report—A compara¬
tive income, and comparative balance sheet covering the
25,274
•3,958
107,369
income—
oper.
Gas &, Electric Co.-^New Control-
calendar year 1941 was published in the "Chronicle"
April 30, page 1698.
•
F^W. Charske,. Chairman of the Executive
Committee,
in his remarks, states:
.
Capital. Stockr—There was no change .during .the year in the amount
stock outstanding in hands of the public. : ^' V),
The number of stockholders as of Dec. 31, 1941, considering a holder
of both preferred and common stock as one stockholder, was 51,893 as
compared with 50,441 as of Dec. 31,. 1940, an increase during the year
of 1.452.
/'
/'•.'■/ ■,:
■:.
:
Funded
Debt—An issue of $12,570,000
equipment trust, series F,
iy2% certificates, dated Jan. 1, 1941, was sold on Jan. 22, 1941, at
.
expenses,
of capital
Co.—Earnings-
1942—Month—1941
revenues
Operating
$915,556
1942—12 Mos.—1941
$884,495 $12,186,169
$11,240,552
ex¬
'
cluding direct taxes
fFederai
377,328
5,242,059
60,865
45,336
1,256,526
760,272
62,092
income
437,589
46,522
713,743
645,085
100,000
100,-000
1,200,000
1,103,067
645
386
7,316
taxes.
taxes
serve
retirement
4,472,494
An
appropriations.
-
4,647
operat.
revenues-
Other
income
(net)
$254,365
1,490
$314,923
$3,766,525
$4,254,987
1,747
18,559
$316,670
$3,785,084
$4,274,650
2,045,000
,
,
;
Int.
on
Other
bonds
170,417
170,417
: 2,045,000
debenture bonds
10,000
10,000
120,000
deductions
6,843
6,537
105,640
■—
$68,595
$129,716
$1,514,444
$2,022,878
applic. to pref. stocks for the period
865,050
865,050
mtge.
on
int.
&
120,000
'
•
Net
income
—s
Balance
$649,394
—
,
1,
1941,
)
•
'1
the
was
purpose
equipment,
new
net
The
$21,657,190.
.
increase
Oil
.
,
;;
.
•
■
-
- -
-
~
Operations—Thp results of operations for the year.compared w/th
', '
1940 were as follows:
86.772
$1,157,828
for
-
equipment trust, series G, 1 Vafa certificates,
sold on Oct. 24, 1941, at 99.94. Both issbes
of financing approximately 80% of the cost
of $13,250,000
In hands of the
19,063
$255,855
income
Oct.
v
"
*, '
•
■"
' V
in
funded debt during the year, outstanding
public, was $24,892,405.'
"
; ," *
v
>'
Investment in Road and Equipment Property—The net increase in
investment in road
and equipment property during the year was
of
-.
Net
issue
dated
were
investments-
term
'
98.052.
re¬
Amortization of limited-
■/"
.
■
■■
„
.1941.
^
..Increase
.
$8,574,779. $1,574,375
Receipts
(includ. deprec.) and taxes
2,560,994
Expenditures for drilling wells,, etc.---.--------
1,471,284
*97,533
against receipts—------—$4,032,279
li- $407,064
$4,542,499
$1,167,311
Production expenses
Total
charges
504,597
tlncludes provisions for Federal taxes of $8,780 for the current month
Standard Oil Co. (N. J.)—Stock Offered—A secondary
market offering of 153,000 shares of common stock (par
Film
2,050,097
"
vately—See Associated Electric Co.
$86,969
41,259
33,042
405,196
150,238
railway
railway—
period End. Mar. 31—
and
&
$2,266,553
1,898,114
1939
76,617
—
income
Texas Power & Light
*99,962
purchased from General Aniline
1941
$2,722,338
income
Union
V.
59,948
railway
from
Dividends
$25) was made after the close of New York Stock Ex¬
change trading April 24 by Morgan Stanley & Co. at
a fixed price of 30% net.
Dealer's discount, 65 cents.
v
1942
.
♦Jfot ; including "Federal income and surtaxes.^-V, 155.^^
mon
5,223
155, p. 1419.
"
"
'
Ry.—Earnings—
from
ry.
8,371
income—
the
Union Utilities Co. (111.)—Formed to Piircliase Securi¬
399,944
railway
for
taxes
above liabilities.
facilities.
From Jan. 1—
♦30,592
6,907
I
income
included in
funded debt..-.iu:-
on
Federal income
,
1940
$132,530
State
;
Amortization^^ of discount oh- funded
«
railway.—
oper.
Interest
1941
and
Net -income
started April 18,
was
electrolytic
1942
from
Gross
$138,262
4,728
4942, has been
Miscellaneous debits
.
1942
Federal
31,
income$675,868
Interest
:
;
(
installation
March—
; /
$178,421
income
was
mine
coal
$37,141
the amounts
>.The stpck
capacity
as
\
for
1319.'
Non-operating • income
»
Texas Mexican
system
kwh.
railway
oper.
iron
compares
471,312
64,634
,
•Deficit.—V.
pig
ties
1939
public
railway—:
from
from
The
the
called attention to the fact that work has started on
announced in March which embraces construction
another
battery, of 73
by-product
coke ovens, .opening ; of
still
Other
Electric
From Jan. 1—
Net
increase
announced.
-
-
Operating
railway
oper.
is
will
(The) Texas Co. (Del.)—Closes Refinery—
56,254
3,871,481
provision
ended Jan.
p.
'Operating'^hcome
program
another
—V.
178,736
466,974-
months
Twin City Rapid Transit Co.—Earnings—
.
$670,962
191,439
153,124,000
March—
ry.
39,798
"Deficit.—V. 155, p. 1420.
$714,051
,
Gregg
another
Net
334,573
186,583
'
Net irom
six
—V. 155,
3 Months Ended Marcli 31—
Operating revenue
•Operating expenses and taxes..
j
Mr.
19,670
1686.
Net
it
which
construction of the
Actual
16,726
Staten Island Rapid Transit Ry.—Earnings—
from
17%,
1941.
from
utility operating companies in the
for the week ended April 25,
compared with
136,510,000 kwh.
the corresponding week last year, an increase of 12.2%.—V. 155,
Gross
furnace,
important phases of company activities,
ry.
Standard Gas & Electric Co. —Weekly Output-
P.
Note—No
13,210
88,984 :.••/
and is being wholly financed by U. S. Steel,,
Property
for
blast
new
Net
$914,863
railway..
totaled
42,695
far-reaching program of expansion of steel making and finishing
of this company, a steel-producing subsidiary of , the United
States Steeel Corp., has reached virtual completion with the
blowing
Net
686,540
Net from railwaysry. oper. income—
—V. 155, p. 1419.
Electric
1939
$198,905
'
Tennessee Coal Iron & RR. Co.—Expansion—
40,838
.
1942
A
172,581
$1,456,336
railway
Net
1942,
1940
.
facilities
41,070
;
Jan. 31,
^
166,572
1940
Sheet,
account,
127,623
Net ry. oper. income—
—V. 155, p. 1686.
5,402
1941
railway
Standard
Ry.—Earnings-
682,623
45,278
19,628
1942
;
-
from
r
704,302
45,659
^
Balance
,
last,
*
843,843
Gross
ry.
Gross
V
railway——
from
178,383
31,403
oper. income—
From Jan. 1—
V
1
25,338
62,401
income
1318.
from
'
36,463
231,166
oper.
from
July 10, 1941.—V. 155, p. 270.
38,005
Gross
railway
—$620,933
654; fixed assets at cost (less—reserve for depreciation of $147,246),
$662,548; intangible assets at cost
(net), $42,780; deferred charges,
$91,581; other assets, $4^561; total, $4,850,973.
~
,
^Liabilities—Notes payable—banks .(secured), $1,085,011; notes and
accounts payable—others (including notes payable to officers,
$18,810),
$447,674;
foreign letters of
credit
(secured
by merchandise trust
receipts), $52,162; accrued expenses, $342,834; dividend payable, Feb.
1,
1942, $24,736; advance payments on
contracts, $803,610;
capital
stock
($2 par),
$989,444; capital surplus, $384,582; earned surplus,
$720,921; total, $4,850,973.
■
on
$219,868
53,843
Net
Net
share
per
18 to holders of record
share paid on Dec.-20,
per
71,347
12,578
Spokane Portland & Seattle Ry.—Earnings—
Gross
cents
of. 25
payable May
cents
$57,882
"
March—
d:
75
1941
U. S* it was
1939
1940
13,081
3,809
15,881
income—
railway
155, p.
.
27,927
railway
from
Gross
Net
dividend
a
value,
par
closing of the company's refinery at Dallas,, Tex.,; effective
May 1, was recently announced by J. S. Leach, Vice-President. /'Y'
The company still has 14 refineries in operation
throughout the
1941
$86,602
From Jan. 1—
Net
usual
$242,996
$3,180,729 $66,929,156 $50,913,612
1942
^ ;:ik
railway
oper.
the
to
1221.
66,256
—Jan. 1 to April 21-—
1942
1941
Spokane International Ry.—Earningsfrom
addition
p.
The
March—
Gross
in
155,
completed, according to Robert Gregg,) President, are en¬
largements of production capacities at ore mines, coal mines and
quarries,
including
installation of a
considerable
amount
of
new
mechanical equipment, and construction of a battery of 73 by-product
(Includes Northern Alabama By.)
Net
On
made
was
special
Already
Southern
Net
cents on
L'
1
provision for income taxes.
(demand deposits in transit and on hand, $430,716;
$400,338),. $831,055; notes,
trade acceptances and
accounts receivable—trade (net), $852,517; accounts receivable
(plant
construction contract),
$155,234;~ inventories at plant and on con¬
signment,
$1,462,317;
accounts
receivable—officers
and
employees,
$19,975; advanced payments on purchase contracts, $236,906; accounts
receivable—associated
companies,
$22,846; other investments,
$468,-'
per share has been
in U. S. currency on
March 1, last, a special
1942
Net
k
-
*Before
Assets—Cash
cents
payable
$309,876
1,740,142
250,905
/
*129,537
*130,015
income.—
U
*Net profit
Condensed
'26,027
railway——
from
declared
no
from
Gross
Note—Operations ceased with delivery of ships to U. S. Maritime
with
Commission during June
and July, 1941.
Figures reported for 1942
represent delayed items, adjustments, etc.—V. 155, p. 1418.
Gross
1
From Jan. 1—
$1,231
income—
oper.
have
stock,
railway
railway.
ry. oper. income
Net
railway
*Deficit,
■
50
amount.—V.
from
Net
SS. Lines—Earnings—
railway
from
Gross
May
share
per
like
March—
From Jan. 1—
Net
of
$15,
15.
par
record
of
This compares with
50
Gross
,
,
1942
oper.
of
cents
50
directors
common
May 5.
7,108,261
railway
from
from
of
payment
34,990,279
14,656,515
March—
Net
holders
to
'74,625
24,524
; 2,536
'
—
dividend
stock,
capital
Tennessee Central
47,129,119
25,411,725
Southern Pacific
Gross
1
distribution
'
brganlzation;:expense_^J--^--i«,"-^i.l^^','"' '
Dividends declared
quarterly
the
on
quarterly
the
73,930,674
railway
oper.
ry.
—V.
June
1—
Jan.
from
Net
regular
68,228
;$722,618
Provision for deprec. of fixed assets and amort, of patents
Taylor Milling Co.—25-Cent Dividend—
railway
from railway—
Gross
The
The
$26,951,257 $17,048,034 $12,747,080 $12,904,162
3,156,655
from railway
9,299,570
5,647,529
2,418,351
1,296,569
ry. oper. income—
4,103,534
3,633,944
545,164
Net
4,328,122
Swift International Co., SAC—Regular Dividend—
Co.—Earnings—
"
from
Gross
5,526,951
5,657,710
(Includes dividends received, $54,166)
Total profit:
Other deductions
,
Pacific
Southern
6,244,447
1.
—
493,§75
: $654,391
"■
155, p. 1606.
declared
railway
from
Gross
..
2,823,303
profit
Other income
'
•
1,012,895
495,658
From Jan. 1—
Net
515,681
6,365,315
$4,259,900
2,152,559
income...
oper.
$4,739,552
2,894,109
railway
from
$5,848,812
1,812,928
$8,152,338
railway
from
Gross
—V.
1939
Gross
$31,129,277 $22,284,148
deducting U. S. Treasury tax notes and interest of $1,000,800.
•After
1940
1941
$3,971,269
1,588,077
:
—
and
Amortization of
Total
1942
761,802
—6,365,135.
surplus
Selling
1,416,765
1,605,272
——j—
—-
31, 1942
and jobbing products
,-a
(exclusive of depreciation and amort.)
general. administrative expense..,
of goods sold
784,654
.
————————
Capital stock (par $5)———
Capital surplus
$1,758,583
Six /Months Ended Jan.
sales—manufactured
Cost
payable ———————$3,018,457
Wages, commissions, royalties, etc.—^
1,575,599
Fed., etc. income taxes accr,
•5,900,854
Earned
Net
.
Accounts
Seaboard Air Line Ry.—Earnings—
March—
$31,129,276 $22,284,148
_____
Reserves
<
•
declared
also
directors
The
was
paid.
cents were
45
of
the
on
Liabilities—
declared the regular quarterly dividend of 45
stock, payable June 12 to holders of record
have
directors
The
——
for
the
12
months
ended
March
31,
1942.
additional
to
required under the Revenue Act of 1941.—V. 155, p. 1686.
:'u Net income
*Decrease.
Tide Water Associated Oil Co.—Regular Dividend—
The
of
15
directors
cent3
per
on
April
share
on
28
declared
the
the
outstanding
regular quarterly dividend
6,375,248 shs. of common
to holders of record May 8.
Y,:YY;YMarch 2, last, an extra of 10 cents per share was paid in addi¬
stock, payable June 1
1
On
tion to the quarterly dividend of
15 cents.—V.
155, p. 1607..Y-
j
v
—
' /•
;
22.5%, in receipts was due principally to an increase
in the average price received for oil sold and to the increased produc¬
tion.
The increase, 24.5%, in production expenses (including deprecia¬
tion) and taxes was due principally to increases in depreciation charges
(because of increased investment in wells and other facilities and
increased
production),-maintenance expenses (mainly repairing-and
The
;
M
^
increase,
replacing worn-out equipment, and redrilling, replacing old casing in,
v.
if..
\LvVi
w
:
^
V./M.", 1-
' hi
■
"•L-:-.
.
Volume 155-
and
remedying, -wells),- and
oil rights,
aid
ment
costs
wells and
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4069
•
.
'v',.'.
chiefly due to the use of smaller size casing in drilling '.:
economies effected in the constructioii of well foundations. •?
to
March
and
Three Months
Ended
March
,31
Employment
and
4?V;».'(-Includes all leased lines)
' Period Ended March 31—
.
1942—Month—1941
oper.
expenses.—li **-16,191,776
11,704,002
$6,408,125
44,342,963
$9,969,854
4,555,896
of
receipts
the-total
-'(net)
610,576
Operating
over
1,749,381
2,022,105
miscellaneous
income
and
*
in- the
included
is
$23,285
income .of
•—V.
the.
Net
'I.'.1941
1940 ,J
1939 %
v •"*. I938
2,109,885
702,678 • - > 1,753,484> *•1,684,267 *
Revenue passeng./':.'
V: •-:% 44
■.>."**•'*••.
tcarried 1 milei 1,283,992,93M,021,396,602 1,020,985,118
944,680,863;
Rate per pass, per';•*'•
•••'*>•:•>
'■)%-V •**;;/
/ mi.e
.67 cents
1.70 cents
-f. 1.72 cents
,1.74 cents ;
>
•
-
-
•
•
freight, tons
Aver,
-train
33,824,223
•
•
^.^,=515
'
■'
■■■
;
sundry
Total
Sub.
been
and
Drug
elected
William
elected
j
.
*"*
-
,
*
United
:
Passenger
All other
Maine, of way
Maint.
of
equipment—:
Transportation
Otner^l-
.
-
AU
-
.
Ry. oper. expenses-^-159,997,895 120,949,111 117,858,588 105,731,151;
rev,, from ry. oper.
58,094,100
47,215,145 - 46,994,783
44,482,063
17,784,642 .14,693,383.
Railway tax accruals—.
EQUip. and Joint facility.
v.'
9,774,085
tents (net
from transp.
Net Inc.
; and
other
15,293,995s
Engineering &
20,233,188
8.4%
or
13,623,345
the
on
135,386,220
33,769,145
33,490,736
Dec.
14,465,056 115,940,340
14,802,514
14,789,502
23,
The
•Net
all
from
income
sources
*
<■
•
•
•
t
/
<
-
1
18,701,234
3,981,724
" 3,981,724
3,981,724.
3,981,724
;
18,966,632
19,445,880
28,857,420
-—-
pref. stock
on
*.
Per cent
on
com.
"Includes
stock-
1938
in
net
Assets***™*
a"
r-
?
;;;
1940
vV.;. ;A:, S
*■
road and
in
of
equipment
'
•*
>
Bonds, notes and equip,
.
Advances
-.
other
note3 and
Bonds,
cos.:
equip,
10,970,352
Slocks—63,380,981
Loans
deposits.—-—837,382
receivable
bills
Net bal.
Interest' and
636,522
2,185,901
;v
152,159
—111,642
Other
current
Working fund
Other
Rents
and
Discount
Other
assets
—1—U
assets
insur.
on
4
advances--—121,090
deferred
paid in advance—
debt—
;
prems.
funded
unadjusted debits— —————
Total
——
Common
stock'
stock
debt
—
——
The
high
J'SSHSS
—
pividends matured unpaid
Unmatured interest accrued
Unmatured rents accrued
on
a
in
time,
funded debt———
_
6?o 484V"
finished
tory
123,773,963
5,019,399
30,840,876
^4,912,STX
30,812,247
34,972,571
1,447,538
1942.
goods
method
calculated
average
A
for
and
1941."—V.
compared to
155,
•
Reserve for
of
is
comparison
betterm.
q
Reserved for depreciation of securities,—
Funded debt retired through inc. & surp.
i
1,674,859
;
Per
the
243,320
244,796
tDifference betw. par and face
39,570,170
value of sees.
Est.
*
Restated.
—
*
.*-
,;v
-■
>
,
i,*,u
^
■
v
v
•»
'*
i-
tAs this* consolidated balance
of the Los Angeles &
securities
cents
•
Net
was
per- share on
of
$1.75
holders
made
1942—Month—1941;
$139,289
of
on
the
the
share
per
record
May
common-
1942—12 Mos.—1941
;
$100,988
$1,315,152
$1,103,966
110,878 *•;
704:%
82,241
1,165,543
664
8,065
995,292
8,189
5,963 %
taxes
6,025
68,212
70,442
$12,058
$73,332
$30,043
$21,744
revenues-
;> 30,845
39,660
549,683
590,361
$51,718
$623,015
$620,404
50,763
50,763
609,150
609,150
2,147
1,276
17,723
15,112
$321
income—
$321
$3,858
$3,858
V
$52,589
deficit
—
—
.
provision has been made in the above statement for unpaid
the 6%
income demand note, payable if, as, and when
on
to
$2,617,599
155,
the period
for
from
Jan.
1,
1934,
to
1687.
p.
(& Subs.)- -Earnings—
1942—Month—1941
■
1942—12 Mos.—1941
566,724
revenues
$15,496,406
$14,570,358
535,856
6,540,505
157,445
50,458
1,415,466
737,713
146,348
143,326
1,690,629
1,678,375
101,500
99,309
1,194,343
1,108,618
retirement
appropriations-
serve
6,295,555
re-
•
investments—_
Net
/
operat.
revenues-
Other
.
income
(net)
*140
64,608
56,748
27,654
Gross
49,952
32,218
22,929
150
1,800
the common stock, payable June 20,
Net income for the first quarter of
20.
after
allowing
estimated
for
for
on
mtge.
on
deb.
5,420
5,455
$375,932
$4,659,083
$4,755,552
188,471
189,028
2,267,091
25,000
deduct.
25,000
300,000
300,000
15,647
16,172
183,816
181,275
Net
bonds •V
charged to
struction
$4,750,097
2,268,330.
'
-
con¬
8,146
(credit)
income
$145,732
$2,005,947
$1,916,322
{Dividends applic. to pref. stocks for the period
1,704,761
$149,047
Balance
1,704,761
$211,561
$301,186
r/
I of $43,600 for the current
ended March 31, 1942, additional
to the amounts required under the Revenue Act of 1941.
{Dividends
accumulated and unpaid to March 31, 1942, amounted to $7,813,488,
tlncludes
month
after
1942
1942
in
$4,653,663
318
r
bonds-
interest &
and
for
Federal
taxes
giving effect td dividends of $1.75 a share on $7 preferred stock
a
share on $6 preferred stock, declared for payment on
1,
Dividends
1942.
on
these
stocks
are
cumulative.—V.
155,
1687.
p.
a
provisions
and $143,100 for the 12 months
$1.50
April
resulted
$375,614
528
$378,165
income
Interest
taxes.
materials
war
$377,637
.
Interest
Other
of
a
of
reserve
Veeder-Root Inc.—Earnings—
$6,000,000
set
was
1941
C&lcnd&r Ycftrs-*Net
from
income
'•••■•
./
selling
manufacturing,
:
$1,468,992
$1,996,908
Provision
of
certain
of
which
current
used
prior
to
first
depreciation—
inc. and excess-profits taxes
for
Provision for
up
190,151
181,907
870,100
380,008
sell, and admin, activities
$936,658
$907,076
Fed.
Net inc. from mfg.,
of
that
inven¬
first-out"
costs
inventories,
of
sales
are
income,
with
earnings per
the
previous
share
of
Restoration
disallowed
$991,813
18,966
expensed
Internal
1940
provision
of
______
-
$1,062,954
$1,014,046
capital stock__
800,000
900,000
$262,954
$110,945
in
Revenue
prior years,
Department,
22,233
.'
in
taxes—prior
quarter
items
bv
capitalized
Reduction
84.737
$1,043,988
instead of the
107,331
income
Investment
1941.
quarter's net
shipments and taxes,
1941
"last-in,
the
means
costs
first
of
quarter of 1942 with,
work
in process
and
materials,
subsidiaries,
applied,
the
the
for
Federal
and
State
years
follows:
'
1st Quar.
4th Quar.
1st Quar.
1941
1941
-
1940 '
and
,
profits ''for
com.
stock-
$2.48
$1.62
——
Dividends declared
and
paid
on
r
3,101
Aduitional Federal and State taxes, prior years
$3.47
5,321,501
4,951,271
105.8
100.6
local
&
taxes
current
$494,339,769
sh.
in earned surplus—
on
200,000 shs. cap stock (no par)
security $13,544,138 $19,205,283 $10,803,379
excess profits
39,755,482
36,414,500
11,800,000
Federal Income
of
the
Net
deducting
corporation
the
current
and
its
Dec.
declarations,
31,
capital outlays during the first quarter of 1942
1941,
and
Cctsil
with
U.
during the quarter.
;
••
■>■»**•
I*-——4.to.
Government obligations
Feb. 22, '41
$662,624
$1,014,348
Balance
-
-
tax notes-—
Notes and accounts receivable—
U.
S.
Treasury
Inventories
Sheet
$905,593
T 924,145
250,300
1,024,317
250,300
429,374
•
'
for additions to
betterments of properties, less credit for properties sold,
were
approximately $24,500,000. On March 31, 1942, unexpended balances
for property additions and
replacements amounted to approximately
$179,000,000.: - Capital
obligations
retired
during the first quarter
amounted .to
$2,026,000. •-There were no capital obligations issued
and
71,798
$150,660
Feb. 21, '42 Dec. 31, '41
'
■
S.
$222,458
$247,783
$137,139
Comparative
were
1941
110,644
—
earnings
Assets—
subsidiaries at March
dividend
compared with $495,794,296 at
at March 31, 1941.
*
*
—
taxes
$53,299,620 $55,619,783 $22,603,379
assets
$4.96
$5.31
1942
Earnings for period
social
—
after
increase
8 Weeks Ended Feb. 21—
s
101.5
and
income
Net
Earn, per
5,136.418
—_
capacity
$509,458,949,
The
to
$1,204,563
Corp.—Quarterly Earnings Report
on
certain
share for
Fed.
31,' 1942,
1
share
per
cents
dividend
June
$1,349,804
39,569,500
1,250,666,269*1,212,351,082
sheet excludes all interjcompany items,
Salt Lake RR., and the St.. Joseph & ■
Grand Island Ry. owned by other system companies are not included.
^-The difference between the par, and face value of such securities as.
carried on
the books.of the issuing companies .(less .unextinguished
discount- on the bonds and discount charged to profit and-joss,-but.
added back in consolidating the accounts) and..the amounts at which
the securities are carried on the books of the owning companies is set.
up here" to balance.
■ ;*•';.!"'V'.'r
"-3 -"*■.*'*•"
•
&
was
$27,921,534 $20,482,984 $36,559,995
tons
Total
Total
50
taxes
term
Provisions for taxes:
242.302.936;;;
Fairless
233,383
first quarter
•
cent
carrying fleet
F.
Amortization of limited-
1939
320,469
income
State
:'
of
quarterly
payable
—
6,699
1942
Net
ore
tFederal income taxes
Shipments of finished steel products:
Appropriations for additions and
,
-v,;
■
the
Light & Traction Co.—Earnings—
Property
7,796
3,643
Government
basis
stock,
common
Earns,, per
to
Benjamin
dividend of- 50
a
usual
both
Total
Net
steamer
Operating expenses, ex¬
cluding direct taxes
surplus
1940
*
being
the
on
;
excess
-
'''■/
Other taxes
a
p.^ 1687.
1941
Accordingly,
cost method
with
for
taxes*
'
of the high rate of operations must be deferred until
and of providing for anticipated contingencies, is being
quarter.
9 931352
reserve
the
In
-
depreciation-,—-^-;,-^—
133.894,736
unadjusted credits—t
6,367,776
in
first
the
the
stock,
distribution
Operating
and that after the pay¬
declared on Jan. 27, 1942.
23,852
16,473
.*.
ascertaining the
respect to inventories
;
644,931
276,392
7,129,355
"2,361,410
10,138,54-,
-
of
Nil
*
estimated
operations
because
future
continued
J'lSJclS
'
—
iu,b/u,4b4
Insurance
Other
of
and
pref.
Period End. Mar. 31—
1941
13,677
share
per
the
Utah Power & Light Co.
the
25,122
$27,921,534
demands
rate
which
—;
693,055
—
276,389
Accrued tax liability—9,472,679
Other current liabilities-———
953,657
Other deferred liabilities——
11,32 *,557
of
view
during the quarter.
Shipments of finished
steel products during the first quarter of 1942 were an all-time record
for any first quarter and were only 3.5%
less than shipments for the
fourth quarter of 1941, which was the highest
quarter on record. The
increase over shipments for the first quarter of 1941 was 3.7%.
The policy established in 1941 of
providing for those expenditures
>.
,
Premium
to
-
Interest matured unpaid
A
Utah
April 25 paid a dividend of 10 cents per share on
par $1, to holders of record April 15.
This com¬
or.
for
provision
V,
made April 25
was
when
Period Ended March 31-
\>
'.
holders of record May
amounted
222,302,500,
222,302,500
..
in
the
dividend of $1
to
-t—.—-■—--——
—
stock,
Note—No
earnings of the corporation for the first quarter of
1942,
Irving S.
Olds, Chairman, announced that the directors
on
April 28 declared the quarterly dividend of $1.75 per share on the
preferred stock, payable May 20, to holders of record May 1, and a
Reporting
1,250,666,269*1,212,351,082
-
—-
*
14.
$62,636
United States Steel
99,591,581
99,593,481
!371,643,180 ;; 346.750,775
Grants in aid of construction—9,243,217 •
8,725,446
Non-negotiable debt of affiliated cos.______
7,854,478
8,775,873
Audited accounts and wages payable——
14,700,900
9,427,982
Miscellaneous accounts payable——785,194
* ;
412,142
Preferred
Funded
made
$56,869
railway.—
stock,
vessels
earned, amounting
Dec. 31, 1941.—V.
with 5 cents per*share paid on April 30 and Dec. 24, last year.
pares
*3,777,799
1,355,788
4,168,354
24,076,646
703,594
153,877
112,197
185,656
6,433,383
10,223
receivable.—.———;
major addition
1st
interest
1—
company
$1,24
reserves
tlncludes
'•
Interest on mtge. bonds
Other int. and deducts.
May 29.
and on
last,
$83,345
income.-_
common
12,992
—
Rents
The
the
fDeficit.
'
t$5,644 368
stock on March 2, last, and on March 1, June 1 and
Sept. 1, > 1941,;
while on Dec. 1, a year-end dividend of $1.50 was
paid.—V. 155, p. 1687.
*«Vagabond Coach Mfg. Co.—^Pays Larger Dividend— -
V_—,
604,828
4,760,150
1
record
31,
•** $103,838
railway——,■>■
from
$660,55P
6,304 919
*
-
$2,105,824
$3.47
y; >
Including
expenses,
taxes.
directors have declared
the
on
Interest
2,257,440.
62,399
4,668,623 :;j
3,619,318 :*
7,771,494
>
33,648,742
receivable—916,886
supplies
dividends
and
Material
,
receivable--'—----
accounts
Miscellaneous
; -
5,811,932
57,643
receivable—
receiv. from agents and conductors.
Traffic and car service balances
Jan.
866 137'
Van Raalte Co., Inc.—50-Cent Common Dividend—
The
Gross
48,429,987
.
6,000,000 ;"t..
.
oper.
Gross
•
^
cash investments-.----,--
from
ry.
From
$2.48
com.
■
in each of the three
was
share,
a
.«1942
Net
■"■■■'"*
875;.;
70036,854,166
40,461,012
and
of
March
quarter of $394,000,
quarter of
the first
of
quarter
cents
15
.
42,701,494
trust certificates \
Cash
Special
of
Net from ,railway___—
73,333
7,630,079
Net ry". oper. income—
27,290
19,834,361 J
'./•A "Deficit:—V.1155, p. 1422.
'
75,589,580
6,367,178
trust certificates,
.Sinking
Temporary
first
the
railway
Net
845,605
five
direct
Utah Ry.—Earnings
from
\
Launching— ;*'.
common
Other
income for the three months ended March 31
the common stock was $3,093,024, compared
March—
f.|:-
lieu of mortgaged property sold
14,354,350
36,300
Miscellaneous physical property—24,743,053
12,923,343
Investments in affiliated cosj: Stocks--!-—; > 19,424,94220,367,949
in
for
c
on
deficit for. the
a
•
yard of the American Shipbuilding Co. The vessel is
under construction for the
Pittsburgh Steamship Co.
a
subsidiary: all Identical, the ships are the largest ever built
the Great Lakes.—V. 155, p. 16S7. :
-f v„';-
on
cents per share
10
holders
on
dividend
common
,
10,231
:11,800,000
$12,913,363 $21,551,824
Output—
dividend of
a
cents per share was paid
the
in
dividend
the
$633,000 for
Gross
941,007,398
962,664,588
——
:
:
Deposits in
Investments
was
31
1941
Investment
of
there
28 declared
company's
$5,284,061
ment
$3,375,188 in 1940, $4,384,176 in 1939
income from oil operations. . tRestated.
General Balance Sheet, Dec.
>■
the
''
Steel
Net
per
for dividends
.:,"V.V*:,
J39,755,482
Federal income taxes-__
'
issued the following statement:
reduction
that
tax.
Operating revenues____
Oper: expenses, exclud.
N;'■
quarters.
$2.960 966
'
249,543
,
system companies for the week
1941,
in
$4,542,499
$4,713,900
24.875,696-15,464,156 ,, 14,984,908 ; 14,719,510
13,337,460
13,337,460; 12,337,460
13,337,46011.19%
6.96% ;
6.74%
6.62%
Stk.
—-
I.
payable June 20 to
share were paid
cents
company
:"The
fact
15
1941, while 20
available
with
Balance for com.
dividends
Common
of
preceding
43,322,475
other charges
stock,
common
Dividends
v
1023,
p.
the U. G.
April
on
~
at .the
of
one
U. S.
,
<
directors
Dr821,059-
taxes.'
launched
^
■■
•
surplus
sh. on
Lakes
Smaller Common Dividend—
The
\T
10,803,379
_____$27,921,534 $36,559,995 $17,113,995
6,304,919
6,304,919
6,304,919
•
8,703,252',.; 8,703,2528,703,252
Great
April
kwh.,
19,867,391.
12,787,102 tl2,027,260 ,13,535,957
income;——
Fixed and
■.
inc.
Federal
Another
of
81
1939
$69,139,847 $49,874,738 $19,420,252
$2 971 197
1,462,831
1,514,743'
1,514,743(
'
L460i652 -M444 503
f !-:
{ .!•■:
nt.
Int.—
deducting all
New
25, 1942 amounted to 108,397,010 kwh., as against 99,961,088 kwh., in the same week last year, or an increase of 8,435,922
,
sources—
electric output for
ended
:>
9,320,677
'
Total
■■*>:>
March
1940
dividends
and
profits
Foundry Co.—50-Cent Div.—,
'
280,104
dividend
per
local
"
through its retailing subsidiaries oper¬
Liggett stores in this country and Canada,
Stores on the West Coast, and sells Rexall and
United, Gas Improvement Co.—Weekly
The
/■
,
.
23,358,960
30,535,373
Fed.
Net oper.
•
'
investments
from
16,287,603
:
9,873,987
■;
■
9,162,798
*
operation
and
of
Vice-President,
.
Net
i
director
and
now
435
previously each quarter.—V. 155,
Divs.
Jr.,
17,671,260
18,546,352. -.16,354,100
32,718,371 f.'30,195,782 *26,413,539.^ H
The direcors have declared a dividend of $2.25 per share on account
5,246,945 ,*' 4,829,000 - 4,970,557 '
4,244,152?' rv of accumulations on the $7 cumul. non-voting pref. stock, no par
71,621,705
56,868,021 >'50,229,218 *50,291,605
value, payable June;! to holders of record May 9.
A dividend of like
10,344,486
.,8,862,459
8,916,679
fa,427,755
amount was paid in each of the 11 preceding quarters, as against $1.75
Traffic
i
Davis,
United .Gas Corp.—^Accumulated Dividend—
-
26,981,583
45,803,175
& Struc-.
•
*lnc,
Vice-President
a
F,
director.'''','"*
a
V. 155, p. 510.
-
rRy. oper." revenues—1 218,091,994 168,164,258 164,253,371 150,213,214
.Expenses—:
- / -v
...■■ v
J..■*
Ended
,
——
bond
income
"After
180,272.442 136,464,742 132,484,798 120,429,544 v i
The directors hAve declared a dividend of 50 cents1 per shafe on the;
21,o54',471 : 17,472,731 *17,630,948 : 16,565,712. ^.common'.stock, -payable May 19 to holders of record May 8.v A dis-.
-6,242,147" - '5,610,065 ' -5,358,549 ' 5,024;i52
trlbutiop pi *75 cents ."per shares was made on March 3, last.
During
2,516.164 • 2,108,051.
2,069,907
2,040,974
1941,* the -company made the following payments: March 10, May 13,.
1_. 7,508,770
6,508,668
' 6,703,169
.
6,152,832
Aug. 12 *and. Nov. 18,*50 cents each; and Dec. 23; a year-end of $1.—
Express-
for
Earns,
,
and> 125 OwP Drug
other; ^products through., some
10,000 Rexall* agents in the United
»States: Canada,-;,England and South Africa.
The manufacturing facilities of the United Drug company which
are
extensive are being converted
in considerable measure to production *of -war, goods,; it • was announced.—V. 155, p. 1421,
.♦
•
Months
1941
193,958*
interest-^.)
Balance,
—_
Mail
.
*
etc.
1941
$126,018,'747
$68,945,889 $50,695,797 $19,170,709
etc..
prop.
Steel
Prov.
1942
$99,672,318 $73,587,965*$34,464.303*$17 325 669
24,726,429
17,892,168
15,293,594
14 364' 703
'
6.000,000
5,000,000
etc.-
income
bond
S.
Net
,
\
Freight
'
-
Company
approximately
„
•"
U.
t
Pacific System)
Consolidated Income Statement (Unioft
'
ates
has
Inc.,
been
.The. United
■
463
'4494 }.;»•
(Excluding offsettingabcountS between the companies)
'-Calendar Years—' '
1941
T.
1.940
'
1939 v
1938 -J,
Aver, mites of- road oper.
9,878,40 * : 9,901.03 ; ^9,900.75 •;
9,901.52 >
y Revenues—,
$ -* '•> $ - ' *
$•%
/
y.v *
-
also
Drug,
likewise, has
>
w&v
load
•
(rev.-).(tons.7.-554
Mr.^Dart
v; United
" 27,289,316 % 26,453,735 '•' ,25,284,671;;
Tons, 1,000, per ni;.; (-v 18,738,521;
14,050,394
1|,057,872 ^ 11,713,953
Average rate per-44*:';
'V*V- '**••
ton per mile-WV 0.962 cents0.971;cen^s ;s 1-015 cepts
1.028 cents;;
Rev.
:
3
,
contingencies
Common
VJustin W.; Dart has been elected President of Liggett Drug
Co.,*
.Inc;,Vthe chief retailing unit of United Drug, Inc., succeeding William
M.
Berg. :i Mr. Berg remains as President of Owl Drug Co.,
the
west
coast/retailing unit of United Drug, Inc.
>
*
for
13,544,138
Operating income
prof, from disposal
;1520.-:1Pf-?-*:
United Drugr, Inc<—New Head of Subsidiary,
pass: -carr.i ^
Rev.
earnings
deplet'n,
Preferred
-Calendar'.-Years^4-.««*"*'
1941
320,621
$164,788,652 $165,320,734
Statement
social security
taxes
for
of
of
1st Quar.
325,530
,
£
quarter
4th Quar.
Net
,
j
'Wt,*■'■*> 'K. 'Operating. Statistics for
1.:;-v
15 5,'..p.
employes—
*—
Deprec.,
Prov.
v
Las Vegas Land & Water Co.
of
other
and
-iS
•••
first
follow:
results——$113,216,456 $84,391,344
for
Prov.
expenditures,
in determining net income and the, balance.of
off against future receipts as depreciation or
,
the
1941
1942
joint"facil.
and
I rents
number
payroll
Consolidated Income
;
V'i 674,313
expenditures--:l__-L-^'i---~---.'---. $13,019,104;
$16,436,051 was charged against receipts
$4,425,181 will be charged
Operations
$2,299,569
$7,071,654
$3,664,577
$1,962,337
otherwise.
' •
Inc. from inv:. and'other
;The U.' S,'of America in January, 1942, commenced action against;,
1,657,821
2,345,607
830,139 y 563,385
the Los Angeles & Salt Lake RR. to have-deeds given in 1908 and 1918 v
by the company to the United States to permit the dredging of the;
•l; $3,129,708 $2,525,722 $9,417,261 $5,322,398
Cerritos
Channel for
a. free
public waterway, between Long Beach i.
V
1,190,349
3,497,073
1,169,364 ...3,592,522
Harbor and Los Angelfes Harbor construed as giving to the United States
the
right to* take oil and gas from lands (approximately 93 acres); '■P'1 Net* income
from -ail
under the channel in which as yet no wells have been drilled., Com\ sources
$1,939,359
$1,356,358
$5,824,739
$1,825,325
pany has fLed its answer claiming that the deeds conveyed an ease-;
ment for free public waterway and did not give to the United States;-;
"Incl. Fed. irfc:? taxes as T
' "
any right to take the underlying nil and gas.,
...w
•'.
;
; iciiows
2,000,000
300,000
4,074,158
900,000:
/Royalties received :in 1941 from, oil leases in California, .Wyoming
and Colorado amounted to $163,896, of which $140,611 is included in< v.,,. ' Note—No-liability for excess profits tax is indicated for either year.
l Excess
-'VOf
statistics. for
first quarters of
1942
Average
33,169,618
$4,112,454 $17,361,001
1,539,541 / 8,267,242
'<■" 3,434,243
Equip,
.
payroll
revenues.—4 $22,599,901 $15,816,456 $61,703,964 $43,139,472
oper.
Total
20,861,232 '
and
the fourth and
1st Quar.
Ry.
•from sale of oil and other products
for
1942—3 Mos.—1941
Ry.
beginning of this development to,Jan. 1, 1942,.receipts
were___—$33,880,336
Expenditures,'; cost of drilling wells and construction other
'r '( V
'
facilities
and production expenses and
taxes paid and
• *'
'[■
From
j accrued, were
Earnings •for
-
California • ad .valorem taxes on property
in-intangible drilling and develop- ;
The decrease, 6.2% \
'
was
17S9
477,053
1,120,121
-
302" 83 6
1,304,569
1,177,412
964,018
2,050,498
2,121,426
1,818,950
————-—■—
258,979
216,848
196,584
cost-
208,203
214,328
208,203
$6,331,661 ' $6,144,307
$5,625,060
—
—
Fixed
assets, net———
Other
assets
Investments in subs,
Total——
cos.,
;
THE COMMERCIAL & FINANCIAL CHRONICLE
1760
Liabilities—
Current accounts
"■
Weeden & Co.—Earnings—
•
payable—
.
Customers'
deposits
stock
Capital
Earned
surplus—
i
———_____
J.
3 Mos. Ended March 31—
60,707
2,500,000
1,582,654
1,470,360
701,334
701,334
-
Net
—V.
$6,331,661
—
,,<•
>
1941
r
67,313
-
83,178
95,119
Operating
Operation
Other
—^
income
Other
i 210,667
2,536,998
$891
$0.25
$0.04
Sheet,
March
3,468,800
172,833
2,146,650
$5,662,460
738
44,048
Interest
amortiz.—
and
Balance
$458,691
$5,618,413
152,167
Preferred
dividend
146,044
1,798,105
payable (secured)
payable (unsecured)———.—————
-V., 155,
p. 1687.
surplus-^.——
'
'
-
10,676
Accounts
37,500
...
390
11,082
4,024
12,823
1,214
—
^
•Common' stock
1,171,601
--
total
-—
609.
p.
$1,186,193
Net
from
Net
ry.
1941
$2,309,672
railwayincome-
*
'
«V
$2,093,313
$1,955,198
1,390,596
1,148,136
§ 1,075,086
981,986
870,182
829,261
railway-
6,902,022
railway
Net ry. oper. income..
3,476,561
6,406,506
7,177,778
4,142,661. .'3,585,471
1,904,147
2,961,641
2,769,482
from
from
—V.
March—
Net
from
Net
ry.
?
.
from
5,640,793
r,v
"
•
'■
:
/
~
'
income-,—
$3,801,575
260,927
.265,005
13,336,176
4,055,535
2,208,224
11,325,520
10,490,580
$3,670,366
from
Net
from
Net
ry.
—V.
railway—,—*
railway——
income
oper.
155, p. 1608.
-
815,337
851,496
V::-i
2,458,444
film
430,478
,
,
:
>
expanding
its
technical
facilities
and
staff
an
* ->./
1
•* !j. *
* •
>„1
production headquarters and general offices
,
new
account
of
has
Corps,
been
of
the
dividend
the
on
Electric
of
96 V*
ry.
a
of
$100
ferred
stock
(no
ferred
stock
for
bank
of
expire May
record
April
29
common' stock
of
oper.
the
held.
Lemon
155,
Other
-V.
1
direct
taxes
•Federal
-
—
taxes
'
1942—12 Mos.—1941
Property
405,415
5,240,236
74,200
1,017,732
1,178,224
retire,
L—
91.021
91,856
1,093,334
$313,308
$2,784,235
$3,682,071
2.160
$323,614
2,011
38,870
36,214
$315,468
$325,625
$2,823,105
$3,718,285
64,167
64,167
770,000
770,000
income,
net
-
•
Other
Int.
income
mtge.
on
int.
chgd.
Net
and
to
bonds
deducts.
15,932
19,478
construct.
years.—V.
Jan.
148,461
.
$235,369
Cr5,080
,
$241,980
$1,907,068
622,518
622,518
-——j—$1,284,550
$2,166,088
v
Balance
•Includes
month
and
provision
for
Federal
taxes
of
$31,023
for
the
12
months ended Jan. 31, 1942, additional to the
required under the Revenue Act of 1941.—V. 155, p. 928.
'
1942—3 Mos.—1941
3 Mos. End. Feb. 28—
after
Profit
<
amount
all
and
charges
>>',
$215,459
L.
Dividends received from Brazilian subsidiary—
£
—
accounts, merchandise accounts
income
$521,877
$670,431
$1,451,637
$1,703,270
16,791
8,613
45,801
$679,044
$1,497,438
281,360
279,203
834,511
$399,841
$662,927
$887,099
$1,076,946
in
3,474,225
472,006
424,169
4,144
•146,374
—.————
.'1. $234,054
Estimated Federal Income tax
Net income
—
$147,716
*70,000
—V.
1941
1940
1939
$309,724
$195,985
44,339
$151,822
$143,387
22,693
18,424
119.080
construction,
year)
for
in
the
the
on
$259,210;
earned
surplus,
$2,633,444;
i
preferred
accounts
at
cumul.
1%
stock
dividends
Dec.
pref.
31,
stock
not
1941
and
declared
amounted
$12.50
to
or
re¬
$14.58'/a
share
per
on
the
p. 608.
40,257
21,611
802,258
530,827
116,304
53,694
10,253
.
6,538
262,474
112,867
:
430,021
49,446
15,984
p
-
1
assets
Charles C.
-
intention
412,367
all
and
the
of
board
dividends
to
redeem
accrued
on
the
such
Limbocker
preferred
stock
to
stock
the
said,
at
$105
redemption
it
a
is
the"
share
date;
to
remaining proceeds after payment of expenses and dis¬
pro rata among common stockholders at a rate esti¬
mated currently at about $6.50 a share.—V. 155, p, 1688,
50,915.
distribute
14,910
solution
-
(he
costs
Wood Brothers Thresher Co.—Tenders—
Rys.—Earnings—
31—
:
Approved—
the plan Calumet & Hecla proposes to purchase all of Wol¬
subject to liabilities other than deficiencies in Federal
Under
/
verine's
taxes for prior years* if any.
If the sale is made, President
The
1940
1941
$683,199*
$735,683
—
855,709
—
(Dr)-
$120,026
1,309,987
of
821,973
•
;
$1,189,961
241,912
———
—
discount---^.'—
covenants
25,320
2,625
$920,104
—
lowa-Des
Moines,
1st
to
1,360,205
exhaust
2226.
Moines
,
(F.'W.) Wooiworth.Co,—Stock Offered—Allen
,*1
$1,221,429
247,674
1,868'
22,425
National Bank & Trust Co., ~
trustee, Des
until April 27 offered to receive bids for the sale to it
5% bonds due March 15, 1943, to an amount sufficient
$30,117.60 at prices not exceeding par and int.—V. 122,
la.,
mtge.
p.
$138,776
& Co.
April 29 offered after the close of business a block
of 20,000 shares of capital stock (par $10) at a fixed
price
of 22^ net. Dealer's discount, 55 cents.—V.
155, p. 1683."
on
2,625
$946,837
Youngstown Steel Door Co.—Omits Dividend—
The
153, p. .1154.
35,000
due after one
The stockholders on April 29 ratified a recommendation of
directors
to accept, an offer by Calumet & Hecla Consolidated
Copper Co. to
purchase Wolverine at a price of $2,690,361 in cash. The offer is
good
until June 1.
About 80 r'o of the outstanding stock was in favor of
the plan, it was said. •
Alabama—Earnings-
(including taxes)
of
of
Wolverine Tube Co.—Sale
1423.
income
installments
6^; cumul. pref. stock, and aggregated $2,324,429.—V. 155,
1—
revenue
aid
share
per
267,061
1,236,286
(incl.
3.150,465
1,010,132
1941
and
$70,328,762.
served
108,524
4,376,638
81,
Liabilities—Common
19,012
22,363
.
Dec.
and
/ Note—Cumulative
7,091,387
2,024,776
Dec.
accounts
materials
total,
178,210
419,323
206,073
Sheet,
stock
(par $50), $7,309,250; 1% cumul. pref.
(par $100), $10,656,800; 6% cumul. pref. stock, $6,162,500; 1st
bonds, series A, 3%%, due Aug. 1, 1971, $30,000,000; notes
pay¬
able, 2%, 2% and 3%, due serially to Aug 1, 1951 (incl. $445,000 due
in 1942), $5,665,000; accounts
payable, $622,807; customers' deposits,'
$142,346; accrued taxes, $451,224; accrued interest,
$471,883; other,
$25,000; deferred liabilities,
$44,636;
reserves,
$6,384,661; contribu¬
If) "JO
$1,250,535
been
benefit
mtge.
1—
Ended
other
tions
$1,619,553
the
stock
Earnings—
1940
have
had
notes, $790,122; due from subsidiary company,
supplies,
priced at
average
cost,
$764,705;
prepayments, $117,354; deferred charges, $1,199,620; total, $70,828,762.
'
1941
would
not
tax
$32,661;
835,077
$257,308
which
had
-
$1,722,176
1942
$2,656,303
941,384
692,053
excess
profits taxes
earnings if the company
purposes of deductions for discount, call premium and
expense
resulting from the refinancing of long-term debt, * Such amounts have
credited to unamortized debt discount andv
expense.
18,906
$538,668
t
and
current
been
v
Total
to
40,314
Payments under tax
Miscellaneous ——
18,595
994,605
equivalent
43,820
income
on
Balance
1942
Amortization
$147,710
■
amounts
13,253
Interest, on funded debt—
except
dividends from foreign subsidiaries and Feder«l income tax
represent
15,255
payable
"
Gross
which
—-
Non-operating inepme ——
1941
493,529
charges
> Assets-Futility plant, $64,666,409;1 investments (at Cost
or
less)y
$1,175,695; cash, $2,078,721; special deposits, $3,475; customers' service
Operating in'dome
1942
credits
$1,608,289
$1,135,212
additional
rents—
Total expenses
——$1,539,017
dividends
1,243,290
dividends^—616,322
57,569
from
Operating
current
2.043
19,845-
/
$1,686,015
railway
Months
income
preferred
preferred
♦Incudes
•
12
276,234
•; ■"
incomedeductions.—35,018
Net
6%
1,405,943
172,883
' Cr22,999
——
116,685
West Penn
(The) Wayne Pump Co.—Earnings—
;
Other
155,
$2,788,605
Dividends applicable to pref. stocks for period--
debt——1,289,344
debt disc., call premium & expense
premium received———
General, .interest fnet)
of
$1,378,772
railway
Net from railway
Net ry. oper. income
—V. 155, p. 1423.
164,759
%.Cr2,424
*—
long-term
on
of
net
39,924
^. 4)3,013,2621 $3,312,354.
30,555
railway——
Jan.
7
$653,129
railway
from railway
ry. oper. income-
From
3,272 430
;
..
—
45,751
—
from
Gross
Income—;. 2,995,643
(net)————
17,619
$491,381
—
Cr)
Western Ry. of
Net
1945
$11,182,590 $10,652,115
8486,947 : 7,379,685
.500,000
;
from
Gross
'
income——
several
Report—
1941
$2,186,015
1320.
p.
from
Net
Gross
Interest
799,045
840,000
March—
Other
1,005,050
966,713
*
$2,218,772
ry. oper. income
•Deficit.—V.. 155, p.
1,105,945
revenues-
oper.
1,106,372
180,000
Net
reserve
Net
director
a
1,208,557
appropriation
j
1,198;080
1,615,926
632,898
1423.
p.
$833,129
from
From
1,084,777
107,391
1,567,293
264,459
3,278,891
340,000
income
Gross
4,491,943
118,922
103,458
railway
income—
283,480
3,737,198
'
$831,381
—
$1,002,476 $11,313,761 $11,573,293
422,531
;_w
taxes
398,067
4,556,103
3,325,772
March—
Net
Other
185,562
4,890,419
'
$5,511,787
railway
Net from railway
Net ry. oper. income—
Earnings—
1942—Month—1941
337,453
4,067,191
income
155,
Gross
$1,049,240
$1,155,182
356,679
$6,285,963
Western Pacific RR.;
revenues..—
1939
$1,167,566
1,140,148
charges
Net
John¬
&
Period Ended Jan. 31—
1940
.
615,501
income
Interest
to
1687.
Operating
1941
$1,717,261
590,876
$1,973,277
—
oper.
income
offering will be used by- the company to repay
Washington Water Power Co.
:
.
$1,773,820
railway——
Income
Amort,
and
Co., Brown, Goodwyn & Olds, Ferris Exnicios & Co.,
Inc., Auchincloss, Parker & Redpath, Folger, Nolan & Co., Inc., Mackall
& Coe, Robert C. Jones & Co. and Robinson,
-Rohrbaugh & Lukens.
-~y.
'
1,437,513
income
ry.
Fixed
Co.,
original"
$2,268,894
rents
(Dr)
Gross
loans of $3,100,000 incurred for plant extension, etc.
of the undrewriting group are Y. E. Booker &
been
1942—Month—1941
revenue
facility
Net
11.
new
the - company's
1532; "
V *
oper.
Gross
operated for many years.,
Audio
right
rights
remaining
The
June, 1939, In con-'
first mortgage
bonds.«
of
1942
operating
Other
•
The
the
on
1946.
in
■
Ry.—Earnings-
'
net
$5 cumulative pre¬
share of such pre¬
Members
ston,
the
a
2%%
1942 to
banks
——
Net
in
-
Operating
offered
are
share for 40,000 shares
the extent of 8/85 of a
per
par) to
each share
Proceeds of the
•
stock
common
to
due
to
operating.revenues
Operating expenses and taxes——
for
Net
Washington Gas Light Co/—Rights to Subscribe—
.subscribe
had
he
which
Taxes
Joint
at
3
sold
Wisconsin Power & Light Co.—Annual
President of the Curtiss-Wright Corp., has been
member
of
the executive
committee of
the Western
Co.
Equipment
of
from
issue
Calendar Years—
~
Vaughan,
Operating revenues
Total oper. expenses—
2, 1942, amounted to $33.68% per share.—-V. 155; p. 699.
subscribe
by
Total
7%
to holders of record May 15.
A like amount has been
paid each quarter since and incl. March 1, 1941.
The previous payment,
also 96'A cents, was made on March 1, 1932.' -Arrearages as at March
Holders
where
plant
Astoria
Western Maryland
cents per share on
stock, no par value,
$3.85. cum. .pref.
note
railway
from
V/155,
1608.
p.
payable June 1
to
rate
serial
railway
from
Net
New Member of Executive CommitteeGuy W.
appointed
Bros. Pictures, Inc.—Accumulated Dividend—
accumulations
interest
the
from
Net
,
are
at 630 Ninth Ave., New York, N. Y., where large
leased following the purchase by the Army Signal
.
Period End. Mar. 31—
a
uncollectible
tRepresented
Net ry..oper. income—
From Jan., l—
larger production
even
industries.
declared
111,026 ;
1,477,034
accounts of $67,579
in 1941 and
260,000 no par shares.
V
1942, the company prepaid $526,000 principal;
unsecured serial notes, due in 1947, and obtained a
its.
in
from
Gross
to
Film Center Building
space
directors have
for
March—
Net
set-up for training motion pictures
urgently needed in many Government departments and in defense
now
>
is
and
contracts
provide
Judge Lewis Goldberg of the Massachusetts Superior Court on April
22
entered a final decree dismissing the bill
in equity brought by
Percy G. Crocker, Cambridge (doing business as Percy G. Croker &.
Co.), broker; owner of 900 shares of 6% preferred stock of Walthamagainst the Waltham Watch Co. and Frederick C. Dumaine. and its
other directors to compel them to
pay
dividends on that class of.
stock for the years 1939, 1940 and 1941. Crocker states that an appeal
will
be taken to the Massachusetts Supreme-Court
in the case.—
V. 155, p. 512,
The
120,108
1,569,703
Wheeling & Lake Erie Ry.~Earnirigs—-
'
.
construction—
——;—
refunding
$4,000,000.—V. 154, p.
Gross
Speidell will continue as President of Audio with Herman Roessle,
Vice-President, and P. J. Mooney, Secretary.
The Audio corporation is now actively engaged on many Government
2,182,613
756,197
Waltham Watch Co.—Suit Dismissed—
J Warner
of
10,217
2,727,430
Mr.
Audio's
;
aid
6,198
8,656
3,391,508
—
i._r__^rr„^,$46,05Q,81O. $45,416,521
with
become Treasurer of Audio.
From Jan. 1—.
Gross
of
of
Was
Inc., of which Lawrence J. Fox, Jr., is President
and the board includes Joseph Cullman, Howard S. Cullman, John F.
Wharton and others in financial and publishing circles.
Mr. Fox will.
-.1939:
$4,958,104
1,665,490
941,820
15,546,023
5,098,963
1,984,553
railway
oper.
.'1940
1941
$5,660,638
2,011,251
748,229
72,838
8,040
February,
nection
K.
Film Institute,
concern
1942
1
'
.
railway—
amount
/reduction
Speidell, President,;
together with interests rep¬
20 by T. Kennedy
Co.
For the past
nine years, Audio Productions (a subsidiary of W. E.) has been one
of the leading producers in the fields of industrial,
advertising and
training films.
According to Mr. Speidell, there is associated with himself and his
organization group in the purchase and refinancing of this established
Wabash KR.—Earnings—
•
in
1940.
amount
-
155. p. 1422.
Gross
Frank
108,241
:
——————
reserve
in
Note—In
resenting outside capital, was announced on April
Stevenson, Vice-President of the Western Electric
2,347,942
Net
to
Inc.,
223,317
134,817
certain associates
for himself and
acting
3,044,990
Gross
Productions,
Audio
of
Sale
From Jan. 1—
.
v
Western Electric Co., Inc.—Sale of Unit—
1939
$2,479,930
:
1,165,050
635,111
-
oper.
1940
*
211,618 '
<
^
313,160
107,501
-
——
$2,404,000 of serial notes outstanding,
1942
railway-
———
v——
•After
$1,457,800
V
4
►
13,000,000
21,385,000
220,650
325,945
———
surplus
Total
>
137,829
•Represented by 22,000 in 1942 land 25,000 in 1941 ho par shares.;
from
Earned
,
155,
'-
134,282
—
.
Contributions
\
700,000
■
112,372
—-
$5,948,724
20,944,000
Ii
—
—
$69,486
$2,909,002
:
——
Reserves
2,607*
J*640,000.
—————
—.
—'
1,650
—
taxes—--——
for
taxes
•
13,000,000
Preferred stock dividends/payable
current liabilities——
Deferred liabilities
41,500
1,000
.
expenses
Provision
—V.
Gross
payable
t
-
interest
Miscellaneous
$561,000
Virginian Ry.- •Earnings—
March—
deposits
'
-
,
;
„—;
Accrued
$1,457,800
$379,000
—
(secured)-
Due customers
,$4,080,603
$2,648,706
loaned
Securities
Surplus
Balance for common stock and
10,806
«;
Customers'
v,
>
stock—----—$5,907,257
—
debt
t
■
293,978
$46,050,810 $45,416,521
—
*,
1
1,109,314
;
405,913
,
'
/
stock
Long-term
870,651
900,000
1,873
1,121,573
supplies
——————
tCommon
8,919
$1,186,193
Accrued
$312,647 £ $3,820,308
.J.——
1,171,602
Total
Liabilities—
Notes
1,760,393
requirements-
7~038
,
' ' 29,830
■
—J—-
and
Accrued
Loans
$301,999,
.
•——
919,719'
1,755,812
30,747
49,676
Liabilities-*-
7,205
:
.
Prepaid expenses
$5,840,997
;
—
assets---',—.
——
$6 cumulative preferred
~15~035
4,215
—————..j,
(net)-
assets
Fixed
48,972
$454,166
$116,740
10,000
Total
8,257
9,187
deposits
Other",.current
$5,889,968
income, net loss_
1,290,038
7,457
C
1,453,592:.
Treasury bills--—900,000
S.
Material
$95,227
1,051,449
———-
—
*Receivables
^
■
1,511,667
1,944,516
$459,429
U.
1941
receivable.
.
Special deposits
31
.'a——
——
interest
Due from customers
2,343,391
266,000
196,148
—
Bid
1,663,848
1,878,632
$462,423
/
revenues—
i; Balance
137,495
222,242
—
oper.
■
474,800
—
taxes-
taxes
Net
,
178,052
——
Depreciation
Federal
813,492
——:
Maintenance
Prepayments
Cash
$6,262
1942
Inventory
Accrued
$1,936,867 $24,764,319 $21,198,216
690,443
9,070,779
7,839,826
$2,347,158
revenues——
83,687
*$0.46
Balance
1942—12 Mos.—1941
:
Investments ———.—604,438
Bond discount and exp. in process of amort.,
'1,412,876
89,578
;
*$11,396
Cash
1942—Month—1941
•
*$0.39
Assets—
Period Ended Jan. 31—
'
Balance Sheet, Dec. 31
V:
» Assets—•.
w i-;...-,,?
.1941
1940
Utility plant -z—1—1—$40,071,994 $39,535,286
•Loss.
155, p. 1223.
Virginia Electric & Power Co.—Earnings—
;
88,857
...
.
►$8,484
.
share.
per
^V-viaVU'.V
•
1940
1939 ;
$22,566,793 $30,041,974
71,782
75,797
'?
—
taxes.-—,;/
income
Earned
$5,625,060
$6,144,307
,
and
Expenses
•
Total
income
Gross
161,995
2,500,000
*
/■'
1942
I——$12,262,800 $18,376,729
Sales
"156,412
143,072
,
2,500,000
1,720,152
701,334
<
568,270
i:
53,958
shs.)
par
surplus—:
Capital
no
$66,689
..
169,989
contracts—
on
(200,000
$120,048
1,036.492
$60,907
1,125,321
.
Accrued taxes payable
Accruals and reserves, miscellaneous
Monday, May 4, 1942
•
directors
have
decided
to
defer
action
in
regard to
for the second quarter usually payable about June 15.
a
dividend
It was announced
that
,
Net profit for the period—
•No
does
not
based
on
appear
that
information
the
$164,054
——_
provision has been made for Federal
company
available
at
will
excess
have
any
liability
West Texas Utilities Co.—Annual
$112,716
profits taxes,
calendar
it
as
Operating
Operating
therefor
this time.
>■<.
Taxes
Note—Based upon information received from the company's
foreign
subsidiaries, the net earnings of those companies for the three months*
period ended Feb. 28, and which are not included in the above, are as
follows;
English subsidiary,
$13,340 in 1942 and $8,586 in 1941;
Brazilian subsidiary, $6,281 in 1942 and $1,344 in 1941.
The above
amounts of net earnings of the foreign subsidiaries
were .converted
Into United States dollars at the average rates of
exchange prevailing
during the periods.—V. 155, p. 740.
i'-rP-
The
and
directors have
declared
the
an
extra
dividend of
10
cents per
1
share
regular quarterly dividend of 30 cents per -share on the
common
stock, par $10.
both payable May ,1 to holders of record
April
20.
Like-amounts
have
been
paid each quarter since and
including - Aug. 1, 1940.—V.«154; p. "758.- -j.—
^
1941
operating income
"'Gross
income
Amort,
of debt
443,791
489,983
$1,953,272
$2,013,218
8,350
$1,950,1<>6
$2,021,568
$2,045,701
777,105
790,679
934,275
1,114,778
12,169
1 2,543
15,556
15,245
"
''
•J--*'
...
127,263
134,641
9,055
-
deductions
'■
■
•
9,792
^ ?
•'
*
Net income
Divs.
paid
Common
on
<
discount
'
(>■■'
„L_J
'
1
?
\'■
.
hi
'
>
>.
'
'
.
Auction Sales
•
121,829
Transacted
83,743
22,219
21,673
u*
$927,689
654,039
r
____
——i-i—
Olker-Snel!
416,000
y-
377,000
3
$363,206
;J
Paper!
<1 $273,65®. J, $119,886
STOCK
Co.
: 1
t
t
Nicholson
;
A
•
unit X
Wednesday
Terminal
&
./>,/-
•
.•Per Share
(par $100)——^
BOND'
;•
$190,843
on
■■•••■>
.
.
690,374
.
$1,000
Balance
•
Von
100
$810,260
434,698
.v,-i
Shares
•
$1,002,541
431,025
by R. L. Day & Co., Boston,
April 29.
■
$1,210,231
pref. stk.
dividends
25
10,715
$2,135,823
—
of
on
16, Sept. 15 and Dec. 15, 1941, and 25 cents on March 15, 1941.—V. 155
p. 832.
■ :''V ~'-v-;.-I-—
*
$2,034,986
Z)r3,076
bution
of
result
Board
Production
because
present uncertainties in the car
building
from recent restrictions imposed by the War
building of cars." On March 16, last, a distri¬
cents per share was made, as against 50 cents on June
which
program
; 3,016,901
441,466
advisable
deemed
^
;
$5,541,870
3,085,376
9,437
-
expense
Miscell.
^1938
$5,542,386
3,269,318
•
$2,126,386
"
long-term debt-
on
General'interest
1939
$5,664,056
639,674
Non-operating income
Int.
3,397,436
expenses —
Report-
1940
.
$6,163,496
——
Net
and
Westchester Fire Insurance Co.—Extra Dividend—
Years—
revenues
"although both sales and net income for the first quarter showed
increases
over
the corresponding
period last year, this action was
Dock
-
J.
Co;
*''• '* *
6»/2s,
'
**'
'
$1
:
1944,'"series'
5720 lot
@FedFRASER